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Quotation -Su p p lem enting
JnYestors Supplement ( 0 ^ )

Street KailwaySupplement fguarte^
State and City Supplement (&m

3 n r « r e d a o o o r d t n g t o A o t o i C o n g r e s s , i n t b s y e a r 1 8 9 8 , b y t b s W i l l i a m B . D a u a C o m p a n i , ! n t b e o ffl o e o f t h e L i b r a r i a n o f O o n g r e t r .]

SATURDAY, AUGUST 27, 1898.

YOL, 67.

%\xt C h ro n icle .

W eek tn d in y A ugust 20.
01tarin g* a t—

1898.

S ew Y o r a ..............
P h ila d e lp h ia ........
Pitta b u r * ...............
B a ltim o re ..............
B u ffa lo...................
W a s h in g t o n .........
R o c h e s te r .............
S y r a c u s e .............. .
S o r a n t o n ,..« ......
W ilm in g to n .........
B in g h a m to n ........
T o ta l M id d le ...

813,316 515

8 1 0 ,3 U
899,778
3J2L U
950,215.93

3,940,043
1,577,570
1,220.333
8*9,704
701,686
* 2 4 ,9 .7
2-*8.400
748.875,892

B o s to n ................
P r o v id e n c e ...........
H a r tfo r d ................
New H a v e n . .......
S p rin g fie ld ............
W o rce ste r. ...........
P o r tla n d ................
Pall R iv e r ..* .......
L o w e l l ...................
N ew B e d fo r d .......
T o ta l N ew B n g.

95.140,731
4,952,000

9 0,5 ' 8 671
4 ,5 6 1 ,-0 .

PUBLISHED W EEK LY.

Terms of Subscription—Payable in Advance : '
F o r O n e Y e a r . . . . ..............................................................................................$ 1 0 0 0
F o r S ix M o n t h s ................................................. ................................................
6 00
E a r o p e a n S u b s c r i p t io n ( i n c l u d i n g p o s t a g e ) ................................... 1 2 0 0
E u r o p e a n S u b s c r i p t i o n 8 i x M o n t h s ( in c l u d i n g p o s t a g e ) .........
7 00
A n n u a l S u b s c r i p t io n in L o n d o n ( i n c l u d i n g p o s t a g e ) ............... 3, 2 1 0 s .
S ix M o s .
do.
do.
do.
....
£ 1 10s.
A b o v e s u b s c r ip t i o n i n c l u d e s —
T h e Quotation supplement
I Street Ra il w a y S upplement
T h e I nvestors’ S upplement
|State and City S upplement
A l l o f w h io h a r e fu r n is h e d w it h o u t e x t r a c h i r g e t o e v e r y s u b s c r i b e r
o f t h e Commercial and F inancial C hronicle .
F ile c o v e r s h o ld in g s ix m o n th s ’ is su e s o r s p e c ia l d ie c o v e r s f o r S u p ­
p l e m e n t s a r e s o l d a t 5 0 c e n t s e a c h ; p o s t a g e o n t h e s a m e is 1 8 c e n t s .

Terms of Advertising.—(Per Inch Space.)

T r a n s i e n t m a t t e r ..................... $ 3 5 0 I T h r e e M o n t h s
(1 3 t i m e s ) . . $ 2 5 0 0
glA SD D JG BUSINESS CARDS.
S ix M on th s
(2 6
"
).. 4 3 00
T w o M on th s
(8 t i m e s ) .. 1 8 0 0 |T w e l v e M o n t h s (5 2
“
).. 5 8 0 0
L o u d o n A g en ts:
M e s s r s . E dwards A S mith , 1 D r a p e r s ' G a r d e n s , E . O ., w i l l t a k e s u b ­
s c r ip t io n s a n d a d v e r t is e m e n ts , a n d s u p p ly s in g le c o p ie s o f th e p a p e r
a t I s . eaoh.
W IL L IA M

B. D AN A

D e t r o i t .......................
M i lw a u k e e ...............

C o lu m b u s .............
I n d ia n a p o lis .........

P in e S tre e t, C o r n e r o f P e a r l S tre e t,
N E W

C h ic a g o .................
C in c in n a ti...............
C l e v e l a n d ... . . . . . .

C O M P A N Y , P u b lis h e r * ,

P ost O f f ic e B o x 9 5 8

y o k k

P e o r i a .........................
T o l e d o ........................

G rand R a p id s .......

D a y t o n ......... .............
L e x i n g t o n ................

CLEARING HOUSE RETURNS.

The following table, made up by telegraph, eto., indicates
that the total bank olearings of all the clearing houses of
the United States for the week ending to-day, August 27,
have been $1,243,586,772, against 11,314,480,365 last week and
054,132,317 the corresponding week of last year.
f l ,

C L B A R IN O S.
R etu rn s b j Telegraph.

N e w Y o r k ........................................

W eek Ending Aug. 27.
1898.

1897.

A k r o n ........................
B a y C i t y ...................

R o c k fo r d ................
S p r in g fie ld , O h io ..
C a n t o n .............. .........
Y m n g s t o w n ............
E v a n s v il le * ..............
T o t . M id . W e i t ’ r

Ban F r a n c ls o o ...
Salt L a k e C ity ...
Los A n g e le s .....
H e le n a ...................
T a c o m a ................ .
S e a t t l e ................. .
S p o k a n e ............. .

2 1 -4

0 2 ,5 5 3 ,9 0 0
4 8 ,2 9 1 ,0 8 3
1 3 ,0 2 3 ,2 2 3
3 0 ,2 9 0 ,3 0 4
2 2 ,2 0 5 ,0 9 9
4 ,0 5 0 ,3 4 0

— 16 8

N e w O r l e a n s ................................

7 8 .5 8 7 ,1 9 9
1 8 ,4 7 3 ,8 2 5
4 ,1 0 5 ,4 9 1

+ 208
+11*7
-0 0
—2-1

8 e v e n c i t i e s , 5 d a y s . . ........
O t h e r c i t i e s , 5 d a y s ....................

* 8 8 3 ,1 1 0 ,7 5 7
1 4 0 ,4 1 1 ,3 1 0

• 7 5 5 ,3 4 5 ,4 9 8
1 2 8 ,0 1 1 ,2 9 0

+10 9
+9*7

-1 0 * 4

T o t a l a ll c i t i e s 5 d a y s ___
A l l c i t i e s , 1 d a y ...........................

1 1 ,0 2 1 ,5 5 1 ,9 7 3
2 2 0 ,0 1 4 ,7 9 9

• 9 8 3 ,3 5 6 ,7 9 4
1 7 0 ,7 7 5 ,5 2 3

+ 15 9
+2S*2

T o t a l a ll c it ie s f o r w e e k ..

§ 1 .2 4 3 ,5 0 6 ,7 7 2

# 1 .0 5 4 .1 3 2 .3 1 7

+13 0

The full details of olearings for the week covered by the
above statement will be given next Saturday, We cannot,
of oourse, furnish them to-day, bank olearings being made
up by the various clearing houses at noon on Saturday, and
h9noe in the above the last twenty-four hours of the week
have to be in all oases estimated, as we go to press Friday night.
We present below our usual detailed figures for the pre
vious week, covering the returns for the period ending with
Saturday noon, Ang. 20, and the results for the corresponding
week in 1897,1896 and 1895 are also given. In comparison
with the preceding week, there is an increase in the
aggregate exchanges of seventy seven million dollars
bnt at New York alone the gain is nearly sixtyfive millions. Contrasted with the week of 1897 the
total for the whole country shows an addition of 21'3 per
cent. Compared with the week of 1886 the current returns
record a gain of 63’3 per cent, and the excess over 1895 is 46-2
per cent. Outside of New York the gain over 1897 is 8'9 per
oent. The excess over 1896 reaches 29 6 per cent, and making
comparison with 1395 the gain is seen to be 19'0 per cent.

09.S9MH
17,750,5 Ik
15. I S A 4 35
3,8 <7,011
1,676 000
1,669,606

8 '7 ,8 -S

F a rg o ......................
S io u x F a lls ..........
T o ta l P a cific ..,
K ansas C i t y .......
M i n n e a p o l is ............
O m a h a ........................
8 t . P a u l .....................
D e n v e r ......................
D a v e n p o r t ................
S t . J o s e p h .............
D es M o i n e s ..............
S lo n x C i t y ................
L i n c o l n ......................
W i c h i t a .....................
T o p e k a ........ ..............
F r e m o n t ...............
H a s t i n g s ................. .
T ot. o th e r W est
S t . L o u i s ...................
N ew O r l e a n s ...........
L o u i s v i l l e .................
G a l v e s t o n .................
H o u s t o n . . . . .............
S a v a n n a h .................
R i o h m o n d ................
M e m p h is ...............
A t l a n t a ......................
N a s h v i l l e .. . . . . . .
N o r f o l k ......................
F o r t W o r t h .............
A u g u s t a .....................
B i r m i n g h a m ....,..K n o x v i l l e ..................
L i t t l e R o c k ..............
J a c k s o n v i l l e ...........
C h a t t a n o o g a .......
M a c o n ..........................
T o t a l S o u t h e r n ..

•897.
650,687,S79
r-9,14S.9J3
13,487,077

16,788. M0

1.829,6 iX
1.469 9"4
1 3 ,2 .7 3 :
1.402,008
1,376,807

1.7P2,6iC

097,082

813,( 08
629.13>
433.446
1 03,6-6,289

703,221
435,901

109,691,52

1 2*1,471
1,237,786
1.233,*. 52

l,372,8o3

, .4100
6/3

9 5 .8 r 4 .6 3 '

87,01*?. 483

10.693 250
7,635 (*9
7,691 66*
4.lV 6.?-r
3 000.1 0

10 11 4

2,677. I'M
1,499.896

1 6*0.3 9
844,47
750,324
407.050
38',66
3218 0
138 552:
17161
170,0*5
161.6*
233,1 S5

6 olO 97
4 014,60
3 / 4 ,500
2 .1 -7 ,0 8 3
l.Vi 1 273
2 .2* 6.13
7 0 5 .9 o l
621 1
609.570
211,7; <5

210.W«)

197, ‘
16 j 6 '6
174 3 J
132.361
319,7 99

6 7 5 ,0 2 4

137,650,219

125.081.804

10,088,29 J
11
087
1,485.6*9
1,118.273
5 ; 1.388
62*4.00*)
1.248 87*j
822 3U
160,0 5
00,759

1 5,-5 1 448
1,200.173
1,5*4,21
1.1*12 3 ir,
460,00
651,648
73* 231
625 0J<
67.113
34.240

86

P er O ent

• 5 2 0 ,3 3 0 .9 4 9

B a lt i m o r e ..........................................
C b l o a g o ...............................................
8 L L o u i e ............................................

K a la m a s o o ..... . . .

P o r t l a n d .................

$ 5 1 9 ,0 3 8 , 1 11
7 9 ,0 2 2 .8 2 0
5 1 ,0 9 2 ,1 2 2
1 2 ,1 0 3 ,1 8 8

B o s t o n .................................................
P h il a d e lp h ia ....................................

NO. 1731.

W i n n i p e g ...............
H a m il t o n ........
....
S t . J o h n . . . ..................

T o ta l C anada

.

+17 6
-t-31 6

—3*8

+6 2

— 3*4

+36 0
+4*5
+ 6*4

+*n

+ 15 3
+ 2 ; *7

881,815
383,7 76
5 5 1 .6 ) 1
81 6*8

90,814

+6S

82,473,203

+9 6
+5 7
+18 6
+37*8
+4"5
—t a
+ 17 9
— 11 9
- 2 7 >•
+19 7

839,943
8 9 * r‘,7< 0
0.059 92*
5.4 3 \SV0
3 657.7 9*

4-44''

+31 7
+53 0

+•84

+rj4

—3 g 0
— Z

+21

-r6*0

1-7 9
*3 0 2

—
20 J
+22 1
+19 2
+ 1 3 /0
+27 9
+3Jl

+7*0

1-10 6
—2 3

—10 0

98,57 j

-2 9 2

S1.850,098

+131

2t.098.211
5,4 49.7 +
6,362.92*
2,315,500
2,075.870
1,640 127
8,668,085
1,178.831
9 :8 .5 6 7
904.644
783,221
1.016.26*
401 890
3 2 1 /9 8
461.715
270,010
1 8).'. 82
323,479
364.000

25.235.9s 1
6.28*3.612
5,500.820
2 298.900
2.872.7 0
1,781.083
1,995 351
1.1 5 12 *4
081.107
8 9 8 .9 1 1
775.145
5V8 9 5'

+ 4*5

61,115,677

: 9 7 /0 6
217.350
1C8,7 30
336.026
477,000
51.837.114

11 160 227
7,749,975
1,241 461
1 / 8 4 824

571.909

688 915
22.049.305

* N o t Inclu ded In to ta ls .

+8 2
+ 6*3

+2 0

-2 7 7
— 13 5
+28*7

*2 8

+0

+47
+4*0
+69*9
— 1 71
— lire
+13 0
4-24 2
+13 b
—0 8
—23*7

9 4 ,2 5 7 / 29
81,984,431
1 " 119 1 50
0,37( 527
5,810,766
4 )5 7 224
2 78i ,4 00
1 390.785
1.6*4 0c 6
1.411,472
7 0 j 750

152 024 |
136 673,
106 085|

10,954,134

+70.0

___*448,003

1+81 854
1,603 661
1 OS9 464
650 093
510 356
2 0 ! 178
240.308
990. l ( 0
2 .S 0701

1 0 3 /0 5 .9 2 9

+3I 0
+138 6
+745

1.2I- 4.34 0
649 271
608 095

2 516,010

+ 1*6
+32 2
-2 6
+10 5
+24 2
+ l *5

1.267,789

69

1-10 0

36,039, U S

69.7*4

13.508.262
11.567,452

3/0J.100
3,862,015
1.104,938
1-469,034
1,150 429
1.228,847
713,548
791,190
797 313
729,853
875.370
626.758
252.400 ______347,000

-*2 8

+ 20*3
t 85
+18 6
+0*3
-1 5 J
+32 0

+77

725 000
478 499
3 0,12
3 ; 0,204
5 6 ; ,&Jb

5 0 3 ,0 % ,623

80 904 048
4.6 i 0 ,600
1 /6 + 3 4 7
1.296,258
1.281 8 : 8

+6 0

l ISi.iO i

f 9.898,522

441.250,490
54 4 54.2P4
13. 29,4 i?.
1 1,454.896

697,041,056

22,0*0.3*94*

3 126,880
5 i5 .0 5 5

1890.

7 1 /-2 2 415
3,855.000
1.757.606
1.200,789
1.075 721
1 142,37*
1 121.312
560,279
474,174
317,643

+8‘6
+2'i

10.310,377
6,626.811
4 335, 70

4.156 106

1896

529,819,257

+5 5

10.926,3 H
7,150,413
6 / 4 4 60t
3.317 834
3,697.32c
6*6.691
2,765,14
920,04 8
665,671

1.000/.00
022 313
785,663
53*. 1*3
482,269

513 5:
450,194
192,092
43.075
15,878,162

2 3,028
230.784
803.848
368 663
1 6 1 /8 8
132.094
138 OLO

118,0 5 7 i l
11,823 820
1,106.960
888 486
815 15-3
512.C07
608,607

315,904
137 900
46 10&
16 741,012

9.295 68 ■
h 177.140
3 7.1,800
8,665.497
1.885.710
5(8.861
1,0.9 991
650,098
312 521
215,539
313 051
4*0,211
40,930
08,115
*7,288,263

l , l f l 911
7 )0,134
376 457
202,4 51
314 90S
025 525
50,963
70 239
*9.6; 8.040

2 o.10 2 .e6 i
7.603,4 8
4.163,28 i
2,601.350
3 (106.010
1,734.103
1,470,193
96?,o;o
903.705
6 (8 458

20,275 725
6,256.1(0
4.8:6 67ft
1/80,257
1.843,174
1 67ii 645
1,845,087
1,0(8 283
853 / 32
779 115

401,417
406.6J>
301 .97 >
378A U
107,654
221.619
196,320

831.787
660,000
375.000
£64,255
298,731
342.124
204,560
199 8C8

600.0<8

10 f 00,049
5.760.260
3,018 579
3.83+389
2,718,145

+ 14

40.18V.UO2

43,357 483

+ 2 i*a

804.915 509

899.070 521

+89

363,036,019

896,029 8 98

—? 0
11,813 •108
+15 4
6.715 440
-5 8
390
—9 6
1,751. 456
67",
+ 70
040,
O1
, 808
22,817, AM

0,809.810
0.200,804
1,843.7)3
808 541
511.018
. 656 8 9
10.218.609

10,739 890
4,710,905
1 .2 M 58
990 If 2
6 2 7 ,9 2 0

T32 72+223

H a lifa x . . . . . . . . . . . .

+29 6

23.767.64 J

T o t a l a l l .............. 1,814,480.3*15 1.083,412,107
o u t s i d e N. Y o rk .
471,163,822
M o n tr e a l.................
T o r o n t o . .................

1898.

P.

1.M8,

00

8 2 :6 8 6 5

396

THE

C H R O N IC L E .

THE FINANCIAL SITUATION.
August has furnished this year its usual assortment
o f crop trials. Starting with a very promising situa­
tion everywhere, drought and rains, and even frost,
if we are to believe all the reports, are chargeable with
having done quite serious harm in mauy sections.
Very likely the month's reports of condition as given
out by the various authorities will show depreciation.
That is the ordinary outcome. But it should be re­
membered that we never fail to have rain, generally
have drought, and not infrequently we have our tirst
frost in some sections of the country, in August.
These ills are almost always a part of the incidents of
the month, and we notice likewise that they are in­
variably attendant upon a season when stock values
are rising. The two may or may not have any con­
nection with one another; hut it is a wise rule for the
investor not to place unqualified dependence upon the
reports of damage received this month.
The legal battle which has been in progress the cur­
rent week over the recent award of a little more than
12 million dollars of the city bonds has brought up
anew the question of giving bond sales a more demo­
cratic, or as it is called “ popular,” character. What
is urged on the present occasion is not an arrange­
ment after the fashion of the recent Government
issue; chat was an exceptional transaction, never
likely to be imitated by any city or State.
The
" popular" feature in the case consisted in selling
the bonds below their market value and so do­
nating to the subscribers the several millions
of difference between the upset price and the actual
value. Such liberality on the part of the legislator is
only feasible where the taxation that results is indi­
rect and so not felt by his constituency. The idea
now advanced contemplates the
adoption of
some plan for bond offerings that will enable the
moderate capitalist to secure a moderate amount of
bonds at any given sale, even though his richer neigh­
bor who can command millions to secure the whole
issue may put in a bid that is more favorable to the
city than any aggregate of the smaller bids. Of
course, among moneyed men the large majority must
be classed with those having moderate means, and as
this system would likewise take care of the “ under
dog,” to adopt it would be, it is claimed, democratic,
-or “ popular.”
It will be observed, however, that this demand re­
lates by no means to a matter at variance between the
rich and the poor. The really poor can be in no wise
interested in the success of the proposal, and hence
the complaint made and aim sought must fail to
arouse sympathy among the charitably disposed any­
where. It is a contest wholly confined to the already
rich and to those more moderately circumstanced; it
is pressed by the latter, who, having already gotten
above their poorer neighbors, desire to gain other
advantages that they may rise higher and become
richer. The only concern the very poor and the
thrifty poor (many of the latter most likely possess
the fee to a little home) have in the bond
business is that the Government, or city or vil­
lage, should get its money at the lowest pos­
sible rate; in that result they have a deep con­
cern, for their largest comfort lies in keeping the taxes
as small as the circumstances will allow. Neither can
any feeling of hostility to capital or to the large cap­
italist, so often expressed by populists, have any part

[LXVII.

or influence in a contest between money kings and
would-be money kings.
The inling principle hereto­
fore has been to accept the hid that promised to se­
cure the money asked for at an average rate which
would prove most to the advantage of the city. That
object, honestly pursued, forecloses discriminations of
every kind either in favor of the rich or the less rich.
Under its operation a free field opened for compe­
tition to the capital of the world, the bonds going to
the highest bidder or bidders, has come to be the re­
quired condition and upshot of every satisfactory
arrangement.
Now it seems that this method, notwithstanding
its benefits to the city, is objected to because
it gives to the rich an advantage over the man of
moderate means. Very likely it does, but in no other
way than it gives to the man of moderate means an
advantage over his neighbor less favored in the m atter of wealth. This is one of the inequalities existing
in the world—one which we could not do away with
if we would, and would not if we could. We can
think of no world less attractive to live in than one
where every matt had equal endowments, every
individual possessed exactly ten talents, and where
no one knew more or had more than every
other man.
But, says the critic, even grant­
ing this to he so, is it not just that we with
our one hundred thousand dollars should buy
our bonds as cheap as the more fortunately situated
man who is able to command millions ? Why, for
instance, should not we, moderate capitalists, secure
the one, two, or larger or smaller per cent advance
realized by the purchaser after the loan has been
awarded as well as the firm or man who is able to take
the whole issue ? Those questions admit of an easy
answer. Compressed into the briefest form, it is
that the very existence in the list of bidders of
men who
command the money markets of
the world is what makes the subsequent ad­
vance.
The credit of the offered security has
been improved by reason of the number, wealth,
standing and general confidence felt in the judg­
ment of the firms and individuals who have competed
for or have underwritten the loan. Furthermore, it
is this free market and the opportunities and induce­
ments thus held out to moneyed men that hasled to this
concentration of capital within the market seeking
such investments, and lias consequently led to a maxi­
mum supply of loanable funds and ■to most active
competition for bonds— the conditions which are need­
ful for highest bids at any offering. Legislation con­
trived so as to deprive large capital of its natural ad­
vantages would, if successful, reverse these conditions
and take away the benefits to city, State or Govern­
ment now enjoyed.
We last week noted the arrival of $850,000 gold in
transit for Cuba. A feature this week has been a
further receipt of $441,793 gold from Europe, also in
transit for Cuba, and the engagement of 1500,000
French gold in London for shipment to the same place.
This movement is indicative of the renewed trade
conditions that have become active since the taking
of Santiago and the lifting of the blockade. An ex­
planation with reference to the shipment cited of
French gold was given by cable on Wednesday, the
statement being that there is no more Span­
ish gold available on the Continent, while the
Bank of England parted with its entire stock of
Alfonsos some weeks ago. Shippers now want Na-

A ugust 37, 1898. i

THE CHTtONLOLE.

poleons, as the Cubans do not favor the other 30-franc
pieces; at the same time they favor French gold, as
the francs more nearly correspond with the multiples
of the peseta. It is quite possible that this movement
from Paris is influenced in some measure by the de­
rangement of Cuban currency caused by the decree of
the American Military Governor at Santiago fixing the
value of the centen at five dollars. W hen this coin
was sent to Cuba its value was fixed at s>5 30, to pre­
vent its export. It seems not unlikely that the new
value will lead to its export, as its valuation by our
mint is $5 02. An Associated Press dispatch esti­
mates that there are between fifteen and twenty mil­
lion centen in circulation in Cuba.
The Chicago Great Western Railway report, issued
this week, attracts attention not only by reason of the
favorable income showing made, but also by reason of
the excellent operating results disclosed. The im­
provement over the year preceding has been note­
worthy in both gross and n e t; in the gross the addi­
tion is $705,184, or over 15 per cent; in the net
$335,399, or over 30 per cent. Moreover, gross as well
as net is decidedly the best in the history of the
company. The effect of the improvement is re­
flected in an income statement which must be
very gratifying to the company's shareholders. In
brief, after providing for all fixed charges and allowing
in full for the 4 per cent dividends on the debenture
stock (both that on which dividends are payable in
stock as well as that requiring payment in cash) there
remains a surplus balance on the operations of the
twelve months of nearly a quarter of a million dollars
—$242,434. The latter sum i3 equal to 3 per cent on
the $8,031,400 of preferred stock “ A” on which div­
idends are payable in cash. It is not so long ago that
the idea of such a result would have been regarded as
visionary. While in common with all the North­
western roads, the Chicago Great Western has derived
important advantages from the favorable conditions
prevailing (namely the large crops and the prosperity
of the farming classes), the increased care and atten­
tion bestowed on the methods of operating have also
been an important element in the improved net re­
sults shown.
We see that it cost only 70,13 per cent to oper­
ate rhe road in the late year, against 73'23 per cent
in 1896-7, and that the ratio for 1897-8 is the lowest
ever reached by the company.
At the same time the
report tells us that the policy of making liberal ex­
penditures upon the permanent way and the rolling
stock has been continued— that every tie in the whole
line and about 95 per cent of all the bridges have now
been renewed, and that in the renewals more than half
the bridges have been made permanent with earth
over stone arch waterways. The reduction in operat­
ing cost is not surprising considering that the com­
pany has in recent years spent considerable new capi­
tal in reducing grades and in various other ways bring­
ing road-bed, track, equipment, etc., up to a high stand­
ard . The benefits which have resulted are seen when we
come to study the traffic statistics. In 1897-8 the road
carried 345,535 more tons of freight than in the year
preceding, being an increase of over 30 per cent. Yet
this was done with an increase of only 8 per cent in
the freight train mileage. The report does no', show
the tonnage movement one mile, so we cannot tell
what the train load is, but obviously the load must
have been materially heavier. The best previous year
in the company’s history as far as earnings and reve­

397

nues are concerned was the year 1892-93. A compar­
ison between that year and 1897-8 will show the prog­
ress made in the interval.
1897-8.
Tons moved......................................................... 1,814.7.-0
M ile s run b y freight trains .......................... 2,16-,918
Earnings per freight train mile......................
$1 89

1892-3.
1,588,598
2,903,398
$1 28

Thus, while the freight traffic during the five years
increased from 1,588,598 to 1,814,750 tons, the freight
train mileage in the same interval was contracted over
25 per cent, being reduced from 2,903,398 miles to
2,168,918 miles. There are no figures to show the
average rate per ton per mile received by the com­
pany, but we all know that the general tendency
of rates has been strongly downward during this period
of live years. Yet despite the reduction in rates, the
increase in train loads has been such that the Chicago
Great Western now records earnings per freight
irain mile of $1 89, against only $1 28 in the earlier
year. We may note that at $1 89 the Great West­
ern’s trains earn a higher average than do the trains
of other leading roads in the same section, the average
of the North Western for the year ending May 31 be­
ing $1 73, of the Rock Island for the year ending
March 31 $1 65, and of the St. Paul for the year end­
ing June 30, 1897, $1 68.
The Rio Grande Western has this week announced
a dividend on its common stock, and thus the share­
holders are getting the fruits of the improved earn­
ings which the property has been netting. Larger or
smaller dividends on the preferred shares have been a
feature for some time, but dividends on the com­
mon shares are a new departure. The payment
is not to be in cash but in preferred stock; it is
based, however, on earnings. The company is simply
pursuing a conservative policy, and making the distrib­
ution in stock, thus giving it the use of the equivalent
cash. A similar policy, it will be remembered, was
followed when dividends were first resumed on the pre­
ferred shares. A circular issued by the company says
that the Auditor’s figures for the late year show a
surplus of $220,000 beyond the amount necessary for
the full 5 per cent on the preferred stock. This is
over 2 per cent on the $10,000,000 of common stock,
and accordingly the dividend is 2 per cent— payable,
as stated, in preferred stock.
The $200,000 of cash
represented by the dividend, together with $50,000
appropriated from profit and loss, is to constitute a
betterment fund of $250,000 ; $87,000 of this had been
expended up to June 30, and the company’s statement
tells us that a portion of the remainder has been
authorized to be expended during the current fiscal
year.
The annual report of the Buffalo Rochester & Pitts­
burg has been issued this week—about a month earlier
than in former years. The tonnage of the road con­
sists principally of coal, and the development of this
coal traffic over that road has been simply mar­
velous.
Of coal and coke combined the road
carried no less than 4.641,081 tons in the late
year, against only 3,380,800 in the previous year,
and but 2,071,744 tons in 1893-4. The general freight
amounted to 1,233,092 tons in 1898, 992,338 tons in
1897 and 910,988 tons in 1894— showing progress,
here too. Under the further addition in the late
year the road actually had a larger tonnage in coal
and coke than the Chesapeake & Ohio, whose report
we reviewed a fortnight since—that is, the Buffalo
Rochester & Pittsburg’s aggregate was 4,641,081
tons, while that of the Chesapeake &■ Ohio was 4,474,790 tons. Like the Chesapeake & Ohio, too- the

39 s

THE CHRONICLE

Rochester & Pittsburg is obliged to transport the
traffic at very low rates, and the average is each year
dropping o a lower depth. For 1897-8 the company
realized only 4*8 mills per ton per mile on its entire
freight tonnage. This, though somewhat better than
ou the C. & 0 ., is decidedly the lowest in the com ­
pany's history. The decline has been met by reduclng the cost of rendering the service through the
practice of broad methods of economy. We note,
for instance, that the train load in 1897-8 rose to
386 tons, from 296 tons the previous year. In this
way the company is able to show satisfactory in­
come results, notwithstanding the low rates received.
From the annual report it appears that after
meeting all fixed charges and allowing 8132,853
for extraordinary expenses and improvements, there
remained a surplus of 8358,321 on the operations of
the twelve months. The two dividends of one per
cent each paid on the preferred shares took 8120,000,
leaving a balance of 8.232,321.
A feature of the bank statement of last week was
the further reduction in the surplus reserve. Accord­
ing to the report of that date it stood at §28,S39,250,
against 820,823,500 on March 5, which was the lowest
o f the year. This is a loss of 833,367,000 since June
25. The movement of money to the interior appears
to he increasing, and in some cases gold has been
shipped/but these were mostly to the East. Only
two of the banks had last Saturday what may be
called large amounts of legal tenders; one of these re­
ported 84,293,700 and the other 83,165,000. Five of
the banks had between 82,000,000 and 83,000,000
each, ten had between 81,000,000 and $2,000,000 and
the remainder had less than 81,000,000 each. The
whole have only §55,519,500. It follows, therefore,
that very many of the banks will have to meet the
demands of their interior correspondents with gold.
The requirements for bond payments have been so
large that the stock of gold in individual bank vaults
has been drawn upon to such an extent that a resort
to the supply in the Clearing House vaults has become
necessary, and ou Wednesday a large amount of the
metal was transferred from the Clearing House to the
Sub-Treasury. Payments for the new 3 per cent bonds
at the close of last week had amounted to but little
more than one-third the whole, and as these
payments are expected to increase in volume after the
distribution of lots of $500 and under is completed, it
is assumed that there will continue to he an important
drain of money out of the banks and into the Treas­
ury until the bond settlements shall be entirely com­
pleted.
The specially-designated depository banks
are gradually obtaining bonds with which to qualify
for the reception of additional deposits. But there is
active competition for these bonds by banks which
are substituting the 3 per cents for the higher-priced
issues as security for circulation. The Government
expenditures are large, especially on accouut of the
War Department for transportation, supplies and the
pay of troops; but these expenditures are widely dis­
tributed, while the drain into the Treasury falls most
heavily upon the New York banks.
Money on call, representing bankers’ balances, loaned
generally at I f per cent until Thursday afternoon.
In the last hour of that day there waB a good demand
for money, which caused an advance in the rate to
3 per cent, though loans were made at 2 per cent at
the close. On Friday the range was from I f to 2
per cent. For the week it was from
to 3 per cent,

[■Von LXVIi

averaging fully 2 per cent. The rise in the rate on
Thursday was mainly due to the fact that the receipts
at the Sub-Treasury had for the first three days of
the week been about 85,060,000 in excess of the pay­
ments and it was therefore assumed that the bank
statement of this week would show a further aud,
perhaps, considerable loss in surplus reserve. Banks
and trust companies quote I f per cent as the mini­
mum, the majority, however, obtaining 2 per cent.
Time loads are in good request and rates are 3 per
cent for sixty to ninety days, 3A per cent for four and
31(0;4 per cent for five to six months on good Stock Ex­
change collateral. Commercial paper is quiet with
fairly good offerings and only a moderate demand.
The inquiry is chieliy confined to down-town banks and
trust companies, and choice names meet with ready
sale. Rates are 3 f per cent for sixty to ninety-day
endorsed bills receivable, 4 to 41 per cent for prime
and 5 to 6 per cent for good four to six months’ single
names.
The commissioners to the peace conference at
Paris have been appointed by the United States and
by the Spanish governments. The commissions for
Cuba aud for Porto Rico have also been selected by both
governments, and only the arrangement of prelimin
aries for the conferences remain to he made. About
the only feature in the European financial situation
during the week has been a sharp advance in Spanish
4 per cents on Wednesday. The Bank of England
minimum rate of discount remains unchanged at 2\
per cent. The cable reports discounts of sixty to
ninety-day bank bills in London 1J@1| per cent.
The open market rate at Paris is I f per cent, and at
Berlin and Frankfort it is 3 f@ 3 f per cent. Accord­
ing to our special cable from London tlio Bank of
England gained £80,475 bullion during the week and
held £35,065,342 at the close of the week. Our cor­
respondent further advises us that the gain was due
to the import of £75,000 from Australia, to receipts
of £130,000 net from the interior of Great Britain,
and the export of £125,000, of which £100,000 were
to the United States and £25,000 to. Russia.
The foreign exchange market has been quiet this
week with a downward tendency, though rates for
actual business have been only slightly changed. The
offerings of cotton futures are increasing; at the same
time there appears to be a good demand for them,
which serves to keep rates steady. Selling of sixtyday bankers’ -bills, in the expectation of covering later
iu the season, continues on a moderately large scale,
and there is fairly active trading in checks, which
have almost wholly taken the place of the regular de­
mand sterling bills since the Internal Revenue de­
cision permitting foreign checks to bear stamps of the
same denomination as domestic checks. Though rates
for actual business in sight sterling rule very close to
the gold-importing point there seems to be no dispo­
sition to press offerings but rather to' let the market
take a natural course. Gold imports cannot long be
deferred, aud to hasten them would seem to
be undesirable in view of possible disturbance
to the London and the Continental discount markets
which might result from too precipitate gold imports.
There have been no arrivals of gold from Europe
during the week other than those in transit to
Cuba.’
The range for nominal rates for exchange has been
from 4 84 to 4 84A for sixty day and '4 86 for sight.
The market was dull and barely steady, tending

A ugust 27, i8t>S.j

THE

C H R O N IC L E ?

toward ease throughout the week. Rates for actua
business opened on Monday unchanged, com­
pared with those at the close on Friday of
last wee*, at 4 8 3 f@ t 84 for long, 4 85i@ 4 854
for short and 4 85f@ 4 86 for cable transfers.
There was no quotable alteration in rates until
Thursday, the market being dull and easy, with
slight changes during each day and closing generally
as it had opened. On Thursday there was a lighter
demand for remittance and a little better supply of
commercial bills, and rates for actual business fell off
one-quarter of a cent all around to 4 83|@4 83f for
long, 4 85@4 85^ for short and 4 8o£@4 S5f for cable
transfers. Friday the market continued dull and
easy. The following shows daily posted rates for ex­
change by some of the leading drawers:

399

THE PH ILIPPIN E PROBLEM.

All that is stipulated in the protocol of August 12,
regarding the disposition of the Philippine Islands, is
contained in the third clause, which provides that
“ the United States will occupy and hold the city, bay
and harbor of Manila, pending the conclusion of a
treaty of peace which shall determine the control, dis­
position and government of the Philippines.” On the
face of the document, therefore, it is evident that
Spain has not yet agreed to cede so much as a coalingstation in these islands, much less to relinquish sov­
ereignty over the entire archipelago. The situation
must be judged, however, in the light rather of prac­
tical common-sense than of formal diplomatic proce­
dure; and looked upon from that point of view, it is
plain enough that Spain must grant whatever the
D A I L Y POBTED R A T E S F O R F O R E IG N E X C H A N G E .
United States demands in the Philippines. The dip­
T
..
F
.
W a r ... T
..
F
.,
M
..
lomatic alternative would be renewal of the war, and
A u g . I P . A u g . 2 2 . A u g . 23. A u g. 2 4 . A u g . 2 3. A u g . 26
84
84
84
84
64
?4
5 60 d a y s .
no possibility is more remote than this.
B r o w n B r o a ..........
86
86
66
86
86
86
< S ig h t ....
8
5
8
5
8
5
8
5
8
5
The mere fact that the question of ownership of the
<60 d a y s .
- ?4V*
B a rin g ,
66>*
86
86*
86V*
66V*
M a g o u n Sc C o . . 1 S i g h t - . .
86V*
islands was left thus vague and undetermined in the
84 V*
8 4 V*
f 60 d a y s .
8 4 V*
84V*
84 V*
B a n k B r it is h
e iv *
86
66
86
86
86
86
N o . A m e r ic a .. (S ig h t ....
protocol sufficiently illustrates the Spanish Govern­
64V*
84*
84 V*
(6 0 da ys.
8 4 V*
84V*
84 V*
Bank o f
86
86
86
86
86
86
M o n t r e a l ........... ( S i g h t . . . .
ment’s position. Had Sagasta been unwilling to make
1 60 d a y s .
84*
84V*
84V*
84V*
8 4 V*
C a n a d ia n B a n k
8<V*
86
86
86
66
86
86
o f C o m m e r c e .. \ S ig h t ....
concessions in the Philippines, and had he been con­
85
84V*
H e ld e lb a ch , Ick - J 60 d a y s .
84V*
84 V*
64V*
84V*
86
86
86
86
88
86V*
e l h e i m e r Sc C o \ S i g h t . . . .
vinced
of his ability to enforce such objections, he
5 60 d a y s .
84 V*
84 V*
8 4 V*
84V*
8 4 V*
8 4 V*
L a z a r d F r e r e s ..
86
86
86
86
i S ig h t ....
86
86
would
necessarily have demanded that the United
85
86
85
85
65
M e rch a n ts’ B k. i 60 d a y s.
84V*
86V*
86
86V*
86V*
o f C a n a d a ........ ( S i g h t . . . .
86V*
8 6 V*
States assign the limits of its exactions in the Philip­
The market closed easy on Friday, with rates for pines as it did in the case of the West Indies. By
actual business 4 834@4 83f for long, 4 S5@4 85jt for leaving the whole question to a peace commission
short and 4 8o4@4 85f for cable transfers.
Prime which, as every one knew, would merely ratify the
commercial 4 83@4 83^ and documentary 4
demands of the United States, the Spanish Govern­
4 82£. Cotton for payment, 4 82^@4 82f; cotton for ment tacitly admitted that it could not obstruct any
acceptance, 4 83@4 83^, and grain for payment, disposal of the islands. The motive for the vagueness
of the protocol provision, from the Spanish negotiat­
4 8;4@ 4 821
Tnefollowing statement gives the week’s movement ors’ point of view, was to defer this part of the sur­
of money to and from the interior by the New York render until the Spanish public had accustomed its
banks.
mind to the necessary outcome of the war. From the
American point of view it is well kuown that the Pres­
Y e t In te rio r
R e c e iv e d b y S h ip p ed b y
W eek E n d in g A u g . 2 6 . 1 8 9 8 .
ident wished to wait until American public sentiment
Y , Y . B anka. Y . Y . B a nka.
M o v e m en t.
had clearly shown how far our people really wished to
* 5 ,4 7 2 .0 0 0
$ 2 ,9 1 2 ,0 0 0 G a in .$ 2 ,5 6 0 ,0 0 0
S o l d ........................................................................
1 ,3 9 3 ,0 0 0 G a in .
1 ,4 2 2 ,0 0 0
2 4 ,0 0 0
go in the experiment of annexation.
T o t a l g o l d a n d l e g a l t e n d e r s .........
$ 0 ,8 9 4 ,0 0 0
1 4 ,3 1 0 ,0 0 0 G a i n .$ 2 ,5 8 4 ,0 0 0
In view of these facts, we attach little importance
gResult with Sub-Treasury operations and gold imports' to the alleged contention of the Spanish Cabinet that
the capture of Manila, having actually occurred after
In to
O ut of
N e t C h an ge in
W e e k E n d in g A u g . 2 6 , 1 8 9 8 .
the proclamation of an armistice, cannot affect the
Banka.
B tn k a .
B a n k H oldings.
problem of the Philippines. We are inclined to be­
B a n k s ’ In te r io r m o v e m e n t, a s a b o v e
$ 0 ,8 9 4 ,0 0 0
$ 4 ,3 1 0 ,0 0 0 G a in .$ 2 ,5 8 4 ,0 0 0
2 7 ,7 0 0 ,0 0 0
3 0 ,7 0 0 ,0 0 0 L o s s . 9 ,0 0 0 .0 0 0
S n b - T r e a s u i y o p e r a t i o n s .........................
lieve that oven if recognized as rightful acquisition
T o t a l g o l d a n d l e g a ' t e n d e r s ......... $ 3 4 , 5 9 4 , 0 0 0 $ 1 1 , 0 1 0 , 0 0 0 L o s s $ 6 , 4 1 0 , 0 0 0
under the rules of war, the surrender of Manila could
The following table indicates the amount of bullion not materially change the situation. This surrender
In the principal European banks this week and at the was gratifying as proof that we had not vainly
corresponding date last rear.
asserted our ability to reduce the Philippine capital.
It may turn out to be important as placing the United
A u g. 2 5 . 1898.
iU fj. 26. 1897.
States in a wholly different position from what any
Bank of
S ilv e r.
T o ta l.
G old ,
f S ilv er.
G old .
lo t..
other Power with a grant from Spain could occupy.
X
I
£
JE
1
1
s
1
................. 1 3 5 ,0 6 5 ,3 4 2
E n g l a n d ........... 3 5 ,0 0 5 ,3 4 2
3 0 ,2 2 4 ,8 8 9 ...................
3 0 ,2 2 4 .9 3 9
It is certainly a matter of consequence in assuring
7 6 ,6 1 0 .4 61 4 9 ,3 3 2 ,4 7 5 1 2 5 ,6 9 1 ,9 3 9 8 1 ,4 3 5 .0 7 8 4 9 ,0 0 0 ,4 0 6 1 3 0 ,4 8 6 ,0 8 4
F r a n c e ..........
our position with regard to the Philippine insur­
2 8 .6 2 4 .0 0 0 1 4 .7 4 6 .0 0 0 4 3 ,3 7 0 ,0 0 0 2 9 .8 7 3 .0 0 0 1 5 ,1 3 1 .0 0 0 4 4 ,5 0 4 .0 8 0
G erm an y
1 0 9 ,5 3 2 ,0 0 0 4 .5 4 8 .0 0 0 1 1 4 ,1 3 0 ,0 0 0 04,118.OOO! 4 ,9 1 5 ,0 0 0 0 9 .0 3 8 .0 0 0
R u s s ia
gents. But beyond these incidental advantages, the
A u s t . - I I u n g ’ y 3 4 .9 8 3 .0 0 0 1 2 .0 0 9 .0 0 0 4 7 ,6 9 7 ,0 0 0
3 7 .9 5 5 .0 0 0 1 2 ,6 H . 0 0 0 6 0 .5 3 6 .0 0 0
of Manila merely confirms, and does not
1 9 ,9 1 8 ,0C 0 ; capture
S p a i n . ............... 1 0 .4 8 1 .0 0 0 6 .4 2 3 .0 0 0 1 15.9C4.00C
9 ,0 2 9 .0 0 0 1 0 ,8 9 0 ,0 0 0
1 4 .9 5 3 .0 0 0 2 ,0 9 4 ,C 0 0 ' 1 7 ,0 5 2 ,0 0 0 1 5 .3 3 1 .0 0 0 2 ,7 0 3 ,0 0 0
1 8 .0 3 4 .0 0 0
I t a l y ..................
alter,
the
power of the United States to demand
9 .6 3 2 .0 0 0
4 .3 0 5 .0 0 0 0 ,8 9 3 .0 0 0 11,19S.00C
2,0 3 2,0 00 ^ 0 .9 0 0 ,0 0 0
N e th e r la n d s .
4 .2 4 6 .0 0 0
2 .9 5 5 .0 0 0 1 .4 7 7 .0 0 0 1 4 ,4 3 2,00C
N a t. B e lg iu m *
2 8 3 0 ,6 0 7 1 ,4 1 5 ,8 3 8
what it may choose of Spain’s Asiatic colonies.
T o t . t h i s w e e k 3 1 6 .4 6 3 ,8 0 3 9 7 ,6 7 2 ,4 7 5 4 1 4 ,1 4 1 ,2 7 8 3 0 8 .0 7 8 .1 8 4 1 > 3,5 35 73 9 4 1 2 ,5 1 3 ,9 2 3
But the power to demand what we choose, and to
T o t . p r e v . w ’ k 3 1 5 .9 8 6 ,4 1 9 9 7 ,2 1 6 .5 4 6 4 1 8 .2 0 2 ,9 6 6 3 0 7 ,4 8 3 .9 7 0 1 0 2 ,8 6 1 8 6 1 4 1 0 ,3 3 3 ,8 2 7
enforce our demand, does not clear up the perplexi­
• T h e d iv isio n (b etw een Hold a n d silv e r) g iv e n In o u r ta b le o f c o in
ties of the problem to the United States. These per­
a n d b u lU o n In th e B an k o f G erm a n y an d th e B a n k o f B e lg iu m Is m a d e
fro m the beet estim a te w e a re a b le t o o b t a in ; in n eith er c a s e la i t plexities, and the division of opinion consequent upon
olalm ed to b e a cou ra te, aa th ose b a n k s m ak e n o d lstin o tlo n In th eir
them, have been strikingly illustrated at the Saratoga
w e e k ly returns, m e re ly re p o rtin g th e to ta l g o ld a n d sU ver, b u t w e be U eve the d iv ision w e m ake Is a c lo s e a p p r o x im a t io n .
conference on the foreign policy of the United States,
N o t e .—W e r e c e iv e th e fo r e g o in g resu lts w e e k ly b y o a b le , a n d w h ile
which met last Friday and Saturday. Out of a num
a o t a ll o f th e d a te g iv e n a t th e h ea d o f t h e o o lu m n , t h e y a re th e r e ­
ber of speeches reflecting various shades of purpose
turns Issued n ea rest to th a t d a te —t h a t is th e la t e s t r e p o r t e d fig u re s .
r i

o n

u b s

h o r

r i

400

THE

C H R O N IC L E .

[V ol l x v u .

Until such time as they
and opinion in tlio matter, two addresses by eminent hereinafter recommended.
public men, neither of whom has hitherto been in any may be able to govern themselves they should con­
•way identified with the formal war discussion, were of tinue under the protection of the United States, and
particular interest. Mr. Carl Schurz argued that an­ the question as to whether at some future period, at
nexation of the Philippines would in the first place be the mutual desire of both, they should he permanently
dishonest, as violating the maxim of Mr. McKinley's annexed should be left to the lime when it arises.”
On one point, as is shown by these typical resolu­
annual message, that “ by our code of morals, forcible
annexation would be criminal aggression," and as tions, all the varying critics of the situation seem to
contravening also the declared purposes of the war in agree. Neither the West Indian Islands nor the one
the intervention resolutions. He contended, in the important island of the Philippines can he returned
second place, that no genuine democracy had ever to Spain. It has been commonly believed that the
been founded in the tropics; that only immi­ Administration, influenced by Secretary Day’s well
gration of Northern races would make possible known conservatism, was willing to compromise on.
such a government, and that the whole history the minimum demand of a coaling station at Luzon.
of the tropical islands and colonies had proved that But it seems to ns that public opinion has strongly
such immigration, on a really large scale, could e er negatived this proposition; first, on the ground that it
be anticipated. Therefore, in Mr. Schurz's judg­ would involve return of the island as a whole either to
ment, neither the East Indian nor West Indian is­ an incompetent foreign owner or to native anarchy,
lands could ever be made into self-governing States and, second, on the not unreasonable ground that a coal­
which could with safety be admitted to our union. ing station,Jif we may judge by our Government’s long
The single alternative remaining, if the islands were inaction on its ceded property in Hawaii, was no con­
to be held by the United States, was colonial or pro­ cession whatever.
Nor do we believe that the notion of taking over
vincial administration.
This Mr. Schurz condemned
as certain to bring demoralization and jobbery in the only the city of Manila will meet with any favor. A
government of the islands, serious mischief through city under one government, while the surrounding
the virtual subjugation of the native races, and en­ country was under other, and possibly hostile, control
tanglement with the complications of European States. would he a manifest absurdity for which even the
Concluding, Mr. Schurz advised that the annexation Government of Hong-Kong provides no legitimate
theory be abandoned; that the captured islands stand precedent. For ourselves, we can see no other way
under military administration until pacified and or­ out of the existing perplexity than to accept the fact
ganized for self-government; that they then be turned —for since Hawaiian annexation it is a fact—that we
have entered on a colonial career, and to govern Lu­
over to the control of their inhabitants.
This address, a full examination of which we com­ zon as an American dependency. There is serious
mend to all our readers, appears to us to set forth weight to Mr. Schurz's reasoning that a fearful oppor­
more clearly and fully than has been done in any tunity for political corruption will thus be opened, but
other quarter the position of the conservative ele­ there is also weight to Judge Grosscup’s argument that
ment in this matter of foreign policy. With similar our politics have suffered by a long career of “ intro­
clearness and force the arguments of what may per­ spection,” in the course of which the very lack of im­
haps he called (after the English phraseology) the portant outside problems has given an opportunity
‘ forward” school in foreign policy were set forth to to demagogues who caught the public ear by
he conference by Judge Grosscup of Chicago. Judge sophisms on such matters as the revenue and
Grosscnp argued, first, that neither the language of the currency. When, moreover, the whole Philippine
Mr. McKinley's message nor that of the intervention problem is sifted down, there remain but four alter­
resolutions could be held to apply as to “ the future natives. Of these, return of the Island of Luzon to
disposition of the prizes and captures of war.” Porto Spain is generally rejected: Mr. Schnrz has clearly
Rico ought to be retained by us, by reason of its posi­ proved the hopelessness of independent uative govern­
tion at the gateway of the Caribbean Sea and of the ment ; annexation with Jthe prospect of future incor­
future Nicaragua Canal; Hawaii and the Philippines poration as one of the United States is to our mind
as “ a line of naval stations and home ports,” useful the most dangerous proposition of them all. There
“ in the new career of commercial activity” on which remain only annexation (and colonial administration,
we are about to enter. This new career, in Judge in whatever form may most’ feasibly be contrived. In
Grosscup's judgment, is the entry of American com­ such a situation it appears to us that it is wiser to
merce and manufacture into the Chinese and other accept the facts, and plan how best to avoid the incid­
Asiatic markets, whoso opening to foreign enterprise ental dangers of the experiment, than to halt irreso­
he describes as “ a world event commercially more lutely because we see such dangers in our path.
At the same time we freely admit the hazard of this
important than the discovery of America.”
These two views of the situation fairly show the inevitable step. Hitherto, until the outbreak of this
two opposite poles of public opinion in this very im­ war our policy of isolation has protected us from con­
portant matter. How far the public mind still is tinual friction with foreign Powers. Daring the con­
from anything like unanimity in the matter is further test itself the paramount rules and traditions of in­
llustra£ed by the resolutions adopted at the con­ ternational war relieved us from open enmity and
clusion of the conference, which chose what was criticism. Henceforth, if we embark on this new
obviously a middle ground by adopting the declaration experiment, we shall be judged by the same rules as
that “ we should not be justified in returning the govern judgment of other nations. The responsi­
conquered islands to the misrule and oppression from bility is very different from that which has rested on
which we have relieved them. As soon as the islands ns in our light-hearted experiments of the past cen­
under our present protection can he trusted to govern tury. It will not do to govern reconstructed Cuba,
themselves, they should be allowed home rule, either Porto Rico and Manila as the Washington authorities
independently or as a part of the United States, as governed the subjugated South after 1865 ; if we do

A ugust 27, 1893,]

THE CHE0N1CLE.

401

has more than justified the sanguine expectations then
outlined, and we confess that the expansion in
revenues has proved more pronounced than even we
dared hope at the time. In brief, in the gross earn
ings there has been an increase, as compared with the
previous year, of $1,397,811, or over 20 per cent, in
the net earnings, an increase of $155,548, or over 15
per cent. Of course this is in comparison with rather
a poor year, but the improvement is none the less
noteworthy on that account, particularly in view of
the circumstances above noted.
In interpeting the meaning and significance of such
a gratifying advance, it should be borne in mind that
in the development of a railroad property two things
are preeminently necessary. First a wise and efficient
management having faith in the enterprise, and
secondly a rich and fertile territory offering the
opportunity, if availed of, of yielding steadly en­
larging sources of traffic. The Denver & Rio Grande
has possessed both these essentials in a marked degree.
We think in this country the importance of the first
element in the magnificent results produced is not
granted the full recognition it deserves. Growth is
such a universal rule— such a common occurrence— in
the United States, and railroad managers have so
generally shown themselves capable and loyal
(the few exceptions where this has not been the case
only going to prove the rule), that we have become
rather accustomed to think that growth would come
anyway, be the management capable and progressive
or the reverse. Buirsuch a view is wholly superficial.
Without farsighted and assiduous managers, our
A ROAD IN A SILVER-PRODUCING STATE. railroads could never have attained their present state
The annual report of the Denver & Rio Grande of development, nor, without the aid of that circum­
Railroad Company, with its good showing of in­ stance, could that quick and wonderful recovery which
come for the year, exemplifies in a striking way the is now the topic of the hour, from the great depression
latent possibilities of growth and development inherent of a short time ago, have been established. Indeed it
in all railroad enterprises in this marvelous coun­ may be confidently affirmed that except for the way
try, and particularly the Western half of it. If our railroads have been guided and administered, the
any one had been asked twelve months ago what roads country itself could not have attained its present
had before them the least promise of improved results development, for the railroads have been the principal
in the general era of improvement which then was factor and agency in this development.
We are led to refer to this subject of management
seen to be opening up to our transportation systems,
he would undoubtedly have pointed to the lines in because in the Denver & Rio Grande case it has with­
Colorado. The reasons for such a belief were obvious out question contributed powerfully to the renewed
enough. Colorado is not a distinctively agricultural prosperity of the property. The President of the
State, such as are most of the Western States, and company, as is well known, is Mr. Edward T. Jeffery.
hence it could not be expected to benefit much from Mr. Jeffery is also President of the International
the great prosperity of the farming interest, which at Trust Company of Denver. At the meeting of the
that time was plainly in prospect and has since been Trust Company Section of the American Bankers
realized. On the other hand, being a large silver-pro­ Association at Denver this week, Mr. Jeffery delivered
ducing State, the road must necessarily, it was sup­ the address of welcome to the delegates. We expect to
posed, be affected adversely by reason of the depression print the address at length another week, along with
which the silver-mining industry has encountered in the full proceedings of the Convention, but wish to
recent years.
remark here that no one can read this address—-with
Mow that the year is behind us and the report re­ its hearty tone of welcome, its modest and yet elo­
cording the year’s outcome is at hand, what do we quent and impressive references to the resources of
find? Without circumlocution, we may 3ay it shows the State of Colorado— without being impressed with
a rate of progress, or rather a degree of recuperation the fact not only that Mr. Jeffery was well qualified
and recovery, hardly less noteworthy than that re- to discharge the special function assigned to him for
fiocted in the returns of Western roads apparently this occasion, but also that he is peculiarly fitted to
much more fa* orably situated as far as the leading ad,minister a railroad property like that of the Denver.
conditions controlling railroad traffic are concerned. For it is evident from this address that Mr. Jeffery
For ourselves it is proper to state we never accepted not only understands and appreciates the resources of
the view that the Denver & Rio Grande could not the Centennial State, and has faith in the enterprise
count upon a considerable expansion in its revenues. and progressiveness of her people, but that his posi­
Just twelve months ago, in reviewing the report tion, influence and efforts are all being directed to
for the preceding year, we indicated at length the develop these resources. Mr. Jeffery has at the same
probabilities of a satisfactory outcome. The result time, it must be admitted, been fortxinate in the fact

that we shall presently have a series of insurrections
on our hands. It will not do even to extend the hap­
hazard methods which have brought frequent scandal
into our Indian Bureau’ s affairs; for the care of the
Indians was our own peculiar problem not open to out­
side diplomatic criticism. It will not do to conduct our
foreign diplomacy with such easy retorts as marked the
Behring Sea negotiation, or through such agents as
have frequently made our foreign service ridiculous
at not unimportant foreign capitals.
It certainly will not answer to choose our consuls
from country politicians and our colonial administra­
tors from the favorities of political “ bosses.” Unless
we are to provide against such possibilities as these
the colonial experiment will be something like na­
tional suicide. Bor ourselves, we believe that the
very gravity of the undertaking, which we think our
people fully realize, is our best safeguard against
such pitfalls.
Does any one, for instance, seri­
ously believe that because in our domestic fiscal
legislation of other years we may have carried the
policy of protection to extremes, we will therefore now
begin by shutting out goods of other foreign States
from our newly-acquired colonies ? If so, he must
imagine that America has shut its eyes to the diplo­
matic drama even now in progress on the Chinese coast;
that it has forgotten the lesson taught by our own
people to England in 1776, when England tried precisely
this policy of trade discrimination. It is not our belief
that the lessons of history have been wholly wasted on
one of the most intelligent of modern nations.

102

THE

C H R O N IC L E .

that the financial interests in the property hero in
the East, with Mr. George Coppell as Chairman of
the Board, have bad unbounded confidence in their
President, and have given him full latitude and sup­
port in carrying out his ideas.
Of course, neither the not nor the gross revenues of
the system iu the late year were up to the previous
maximum. But this only makes the results of the
late year pregnant with increased possibilities for the
fixture. For obviously with the likelihood of a return
again to the best previous attainment under the revival
in progress, the prospect is for an even better exhibit
than that now disclosed for the late fiscal year. We
have had occasion once or twice of late to refer in
these columns to the company’s enlarged dividend
distributions on the preferred shares.
It appears
from the income showing now before us that after
providing for the 24 per cent dividends declared out
of the year’s revenues, also contributions of $30,000
to the Renewal Fund and $30,000 to a special fund es­
tablished for meeting the expenses of converting the
outstanding 7 per cent bonds-—after providing for all
these requirements and allowances, there was left a
surplus of over a quarter of a million of dollars
($357,252) on the operations of the twelve months.
This is certainly a satisfactory record. But, as already
stated, the prospect is for even better results hereafter
should the present industrial prosperity, as seems
likely, continue and make further headway. As indi­
cating the extent of the difference- between the late
year and the best previous year, we may note that at
$3,342,926 for 1897-8 the gross earnings compare with
$9,317,640 for 1892-3, and the net earnings at $3,325,326 compare with $4,035,561 in that year. In
short, full recovery would mean a further addition of
nearly a million of dollars to the gross and of nearly
three quarters of a million dollars to the net. It may
safely be taken for granted that it is merely a ques­
tion of time when the showing for 1892-3 will not
only he again repeated but surpassed.
Of course the recovery and recuperation which has
been established in face of the mishap to the silvermining industry would not have been possible except
for the progressiveness of the people of Colorado and
their readiness and ability to adapt themselves
to the changed circumstances by turning to other
avenues of usefixlness. With silver-mining yielding
gradually diminishing returns they devoted their
energies to new fields.
Gold-mining, for instance,
was extensively developed, and the State now ranks
as the largest gold producing State in the Union. In
other directions, also, mineral development has been
prosecuted.
Agriculture, too, has received new at­
tention. We stated above that the State was not an
agricultural State in the sense that other Western
States are. At the same time it must be admitted
that even in the matter of agriculture the State
is every year making greater headway.
Evidence
of this is found in the traffic statistics for the late
year, showing grain shipments of 70,648 tons in 1897-8
against 40,283 tons in 1896-7, and shipments of fruits
and vegetables of 81,568 tons agaiust 31,957 tons, be­
sides which there are gains in various minor items of
agricultural tonnago.
Of course the company’s largest single items of
tonnago are coal and precious ore. Of coal the road
carried 797,131 tons in the late year, as against only
609,262 tons in 1896-7, and of precious ore 404,963
tons against 273,217 tons. The last-mentioned item,

[VOL, LX V 1 1

I we take it, indicates the development of gold-mining,
the first-mentioned item the general manufacturing
and industrial growth of tho State. Mineral develop
ment in another direction is indmuted by shipments
of 235,337 tons of iron ore agaiust only <i;,776 tons ;
while merchandise shipments of 194,431 tons against
138,709 tons, lumber shipments of 100,728 tons
against 75,120 tons, and shipments of stone, sand, &c.,
of 135,-474 tons against 82,230 tons, indicate manufac­
turing and commercial growth. The expansion in the
coke shipments, making them 144,892 tons against
90,927 tons, is connected with the same causes as the
expansion in the coal shipments.
The truth is, the late year’s traffic statistics are re­
markable no more for the wonderful growth disclosed
(the inci'ease in actual tons moved having been nearly
50 per cent, the number- of tons being 3,596,029 tons,
against 1,731,694 tons) than for the great diversifica­
tion in the tonnage which they show to be in progress.
This diversification the Denver management have
done everything to foster and encourage. They rec­
ognized that if, directly and indirectly, losses must be
endured because of the decline in silver, these losses
must be made good in other directions, and the figures
we are now reviewing attest the success attending
their effort. We may note that while gross revenues,
as already pointed oixt, are still a million dollars
below the total for 1892-3, the tonnage tells a
different story. This shows an aggregate of 2,596,029 tons for 1897-8, against only 2,488,079 tons
for 1892-3, so that the 1898 tonnage was actually in
excess of that of the best previous year. The loss in
revenues, therefore, must be ascribed to an important
extent presumably to a fall in rates. At the same
time the passenger revenues arc much smaller than in
the earlier year. This loss, however, we may assume
will be quickly overcome when a full and complete
revival of trade all over tho country is established.
To the advantages arising from the steady increase
in revenues which is at present in progress, the com­
pany has now the prospect of further advantage
through a reduction in its fixed charges by refunding.
Oar readers are acquainted with the arrangements
made to refund in advance of maturity the $6,382,500
of first mortgage 7 per cent bonds falling due in 1900.
Suffice it to say, therefore, that nearly three millions
of the bonds have been exchanged thus far, and that
when the entire refunding operation is completed
there will be. a saving in fixed charges through it of
$160,000 per annum. We need hardly state that
the company’s finances are in excellent shape,
that there is no floating debt in the form of loans
or bills payable, and that the ordinary current
liabilities are greatly exceeded by the available cur­
rent assets. No charges whatever were made to capi­
tal account during the year, everything being paid
for out of earnings. The accounts of the company
are stated with great clearness and fullness, which is
not surprising considering that Mr. Stephen Little is
the Comptroller of the company. Though the com­
pany has the benefit of Mr. Little’s experience and ser­
vices the books and accounts are nevertheless sub­
jected to an independent audit. Mr. W. (1. Purdy,
the President of the Rock Island, who made the audit
as in other recent years, certifies that he found every
thing correct and extols the system of accounting
practiced and the great attention bestowed upon the
records and accounts by tlie President and chief ac­
counting officers of the company.

.August 2 7 ,189». |

THE

C H R O N IC L E .

403

the increase was only 6-87 per cent in the gross and
6-39 per cent in the net, the shrinkage being mainly
connected with the collapse of the Leiter wheat dea
In our issue of July IS we furnished compilations and the great contraction in the movement of grain.
showing the course of railroad gross earnings for the first The following furnishes a summary of the monthly
half of the current calendar year. Now that we hare the totals.
G RO SS A N D NE T E A R N IN G S.
exhibits of the net, the results are found to be equally
G ross E a r n in g s .
gratifying and notable. As far as security holders in
N e t E a r n in g s .
the railroads are concerned the returns of the net are Month 1898.
1897.
I n c r e a s e . P. c .
1898.
1897.
I n c r e a s e . P. c.
of much, greater importance than those of gross. For
$
t
%
*
?
$
65,069,049 57,012,541 +S,056,503 14*13 18,123,130 14,909,312 +3,218,818 21*59
it is upon the net results that interest and dividend Jan... 63.290.138
56,1=1,058 +7,109.078 12*65 19,609,379 15,833,26S +2,770,111 17*53
Feb...
payments are dependent. Hence it is pleasing to find March 70,010,199 61,575,653 +8,434,549 13*70 22,496,332 18,693,005 +3,803,357 20*35
67.470,553 59,001,971 +8,474,582 14*36 19,193,952 16,172,117 +3.021.S35 18*63
an improvement in the net (on the roads reporting) of April..
Mar... 72,509.112 63,494,744 +9.044,363 14*25 <1,532,225 17,911,051 +3,621,174 20*22
JoneJ55,114,404
51,570,778 +3,543,686 0*87.15,609,815 14,678,903 +930,912 6*39
over 17f million dollars as compared with the same
N ote .—T h e n u m b e r o f r o a d s i n c l u d e d i n J a n u a r y w a s 134; in
six months last year. In ratio the improvement is
F e b r u a r y 1 4 L; in M a r c h 142; i n A p r i l 139; i n M a y 133; i n J u n e 121.
14T8 per cent. In other words the railroads of the
Further evidence of the exceptionally favorable
United States bettered their net results of the previous
nature of the exhibits is furnished when we arrange
year by over 14 per cent. In the gross earnings the
the roads in groups and ascertain that every group
increase has been over 51 million dollars— in exact
records an increase in gross, and outside of the Mexi­
figures $51,151,016. The following gives the showing
can roads every group also an increase in the net, with
in tabular form.
the exception of the New England group. In this
last instance, too, it should be said, the increase in the
Increase.
J a n u a ry 1 to Jun e SO.
(186 roads.)
A m o u n t.
P er Cent gross has been hardly more than nominal.
Undoubt­
edly the depression in the cotton industry has been an
135.961
136,843
9S2
0’65
$
1
$
adverse factor in that part of the country. The tri­
61.151.016 ITT*
487,273.197 436.123,181
33,330,688 10*74
343,758,580 310,427.89?
fling decline in the net, however, possesses no signifi­
N et e a rn ln es................................. 143.514,617 123.604.t89
17.820,528 14*18
cance, as New England roads notoriously vary their
In the issue of the C h r o n i c l e already referred to, expense accounts greatly from year to year.
While the improvement has been general, certain
we reviewed at length the conditions prevailing dur­
ing the six months, and which made possible the sections have fared very much better than others.
favorable results now reached. We do not intend to The Pacific Coast roads on the whole rank foremost.
go over the same ground here. Suffice it to say that In the gross their increase is over 25 per cent; in the
a grain movement of unprecedented dimensions, great net almost 47 p8r cent. The great revival of trade in
prosperity of the farming classes, business revival only that part of the country, the extra traffic arising out
slightly interrupted by the outbreak of war with of the Klondike gold discoveries, and the prosperity
Spain, a large cotton movement, and freedom from of the farming classes, all contributed to swell the
adverse meteorological influences and conditions, were business and revenues of these roads. The South­
the chief elements in the improvement. Of course western group comes next after the Pacific for amount
we are not comparing with very large earnings in the and ratio of gain, its inorease in net being over 30
It may be a surprise to hear that
previous year. In the gross at that time there was a per cent.
decrease, and though in the case of the net there was for the Northwestern group the addition to net has
some increase, this increase was relatively small. In­ been only about 10 per cent. The explanation ist hat
deed, the results in these six months have been either these .roads have been very liberal in their expense
indifferent or positively bad for a great many years accounts. In the gross the increase has been over 16
past. That fact, however, only serves to bring out in per cent. The trunk lines suffered greatly from the
striking contrast the exceedingly favorable character demoralization in rates, and hence their increase in net
of the present year’ s improvement. Wo give below is only 5-06 per cent; moreover, except for the great
the comparisons back to 1893, and it will be observed expansion on the Baltimore & Ohio there would be
The following are
that in this term there has been no year recording hardly any increase at all.
the
totals
for
the
different
groups.
At the end of
anywhere near 51 millions gain in gross or 17f millions
this article will be found a detailed exhibit classified
gain in net.
in the samejway and showing the figures for each road
Y ear and
Gross E arnings.
N et E arning*•
separately.
num ber

RAILROAD GROSS AND N E T EARN IN G S
FOR THE H A L F -Y E A R .

o f roads.

Jan. 1 te
J u n e BO.
IBM (191)
1804 (179>
1895 (177)
1896 (181)
1827 (1797
1893 (188i

Tear
Given.

t
133,661.810
350.916,626
S *1.778.437
104.410.650
181.376.196
487.873.197

Year
Increase or
Preceding. Decrease.

$
423.612,651
119,734,757
389.614 256
336,502.871
486,110.883
136,122,181

1
-R5.120.11S
-08,790,081
+-13,134,181
E17.917.770
—1,734.0*8
f 51,151,016

Y ear
G iven.

$
116,821,797
99,846,217
109,816,538
115.717.083
111,799,030
113,514,017

Year
Preceding

Increase or
Decrease.

$
$
125,633,933 f 1,257,834
120,411,28.* -2S.036.036
102,618,007 +7.297 471
111,010,197 +4.138,536
118,038,182 +6.70O.8C8
125,094.289 +17.820,828

The improvement extended through the whole of
the half-year, but in June fell to greatly diminished
proportions. It may be noted a3 an interesting fact
that during the first five months the ratio of gain
both in the gro33 and the net continued remarkably
even and constant. In the gross the percentages of
increase varied only between 12-65 and 14-36, and in
the net between 17-53 and 21-59 per cent. In June

3KCTION OR
GKOtrp.
Jan. 1 to June 30
New E n gla’d (9)
Trank lin e s .(18)
Anthra.ooal (12)
M id d le......... (ID)
Mid. W e st’ n.(31)
Worth w est’n (13)
Southw est’n(2l)
Pacific Coast(15)
Southern___(43)
M e x ica n ....... (5)

N et E a rn ings.

Gross Earnings.
1

1998,

20,261,340
148,198.577
46,220,272
10,758,129
31,983,520
61,518,022
35,000,018
61,8)0.875
53,164,062
12.322,372

1897.

1898.

20,133,295
130,847,8)1
43,941.797
15,078.173
27.0(7,337
62.587,013
30,181,11 (
48,960,92 2
48.181,318
11.961,303

5,822.502
41,359,282
9.645,712
4,237,209
9,212,842
20,651,109
9,937.231
22,892,977
15,395,094
4,500,059

)

f

1897.

In c . or Dec.

2*20
6,958,932
—438,430
5*06
89,307,801 +1,991,481
8,528,781 +1,016,928 11*92
8*71
3,897,753
+839,*453
7,510,227 +1,702,615 22-07
18,070,847 +1,874,262 1003
7,035,153 +2,332,078 30*60
15,580.451 +7,306,520 40'88
13,908,065 +1,487,639 10*70
203
—91,224
4.654,283

T o t ..(196 r ’ds) 487,27 *.197 431,122,181 143,514,617 125,694,289 +17,820,328

14 .

M i l u g b .—T he m ile a g e f o r th e a b o v e g ro u p s is ae fo llo w s : N e w
E n gla n d , 3 .6 9 7 m ile s a g a in st 3 ,6 7 6 m iles in 1 3 9 7 ; Trunfc lin es, 2 4,768
a g a in s t 2 4 . 8 0 4 ; A n th ra cite o oa l, 5 .5 9 8 a ga in st 5 ,5 8 1 ; M iddle S ta tes,
3 ,7 5 8 a ga in st 3 ,7 4 0 ; M iddle W estern , 1 2 ,0 6 5 a ga in st 1 1 ,3 3 7 ; N orth w e ste rn , 2 4 ,5 9 6 a ga in st 8 4 ,5 9 6 ; S ou th w estern , 14,8 75 a ga in st 1 4 ,7 9 1
P a elflo C oast, 2 2 ,7 5 1 a ga in st 2 2 ,6 7 3 ; S outhern, 2 9 ,4 2 8 a g a in st 2 0 ,3 9 9 ;
M e x io a n , 4 ,3 0 7 a ga in st 4 ,3 1 4 ; gra n d to ta l, 1 3 6 ,84 3 a ga in st 1 3 5 ,9 6 1 .

4 CM

THE

C H R O N IC L E .

[VOL, L X V II.

After what has been said the reader will he pre­ while on the other hand there is a larger array o f
pared to hear that in the ease of the individual roads losses. Here is a list of the principal changes.
the gains are in some instances exceedingly large, the
i - B w c r r x L c h a n g e * i s i o i o s s k a u s i n g s i s J I ’ x i :.
Southern Pacific leading with an increase of ?4,36lr1n croase
1 n c r t'R s c s ,
I ll i n o i s C e n t r a l .............
$ 3 4 4 ,1 8 0 B u ff. R o e h . A P i t t s ........
$ 6 6 ,6 6 9
162 in gross and of 22,354,510 in net (this, too, for A t c h . T o p . A S a u t a F
4 9 ,5 8 4
2 8 2 ,4 7 9 R i o G r a n d e W e s t e r n , . .
L o u i s v i l l e a N a s h v ...
•
S t L o u is A S an F r a n ...
8 8 ,2 9 0
only the first five months, tho return for June not yet B a lt i m o r e A O h i o . . . . .
1 9 9 ,5 7 3 CllOC. O k la . A G u l f ........
3 7 ,5 8 3
O h io . K . I s l. A P a c i f ic
1 9 1 ,6 9 4 M e x i c a n I n t e r n a l ! ........
3 5 ,1 0 0
having been furnished), and that, while there are a C h ic a g o B u rl. & Q u in
3 5 ,0 2 6
1 7 0 .8 1 6 N o r t h e r n C e n t r a l . . . . . . .
ern R a ilw a y ....
3 2 ,6 2 4
1 5 7 ,1 2 5 P e o r i a A E a s t e r n . . . ___
few losses, in no case does the decrease amount to as SPohuil.t hW
ilm . A B a l t . . .
1 1 1 ,3 0 0
C h esa p ea k e a O h io ..
T ota l
(re p re s e n tin g
139.451
much as 2100,000 in the gross and in only three in­ C a n a d ia n P a c i f i c ........
1 3 7 .5 3 3
2 5 r o a d s ) ....................... $ 3 , 2 0 4 , 1 9 9
D e^ reau os,
1 5 5 ,8 5 3
stances in the case of tho net. The detailed list of SOarve .g oFnlaH, AR . WA eNsat ev ri gn..
$ 4 1 ,0 1 2
1 3 2 ,5 8 5 I L a k e E r i e A W e s t e r n . .
a b *Rh..........................
1 3 2 ,2 2 0 N ahIi w C h a t t. A S t, L .
4 0 ,9 5 6
the gains as shown in the following makes an impos­ W
1 2 7 ,2 2 3 B u r l. C o d . R a p . & N o . .
Pacific Coast . ............
3 9 ,0 9 6
1 2 1 ,5 1 4 N . Y . O n t . A W e s t e r n ..
U n io n P a c i f i c . . _____ _
3 3 ,9 3 9
ing exhibit.
9 1 , 9 0 -i
D e n v e r A R io G r a n d e
1‘ R IK C U 'A L UUAKGKS LS C R O S S

I n ort’a « c » .
S o u t h e r n P a c i f i c * , ...........$ 4 ,3 6 1 , ,1 6 2
Pennsylvaniat................ 3,857,,8 0 0
C b lo m i o B u r l, A Q u i n .. 2 ,9 0 9 , ,9 0 4
A t c h . T o p * A S a n t a F a . 2 ,7 0 7 , ,338
C h ic a g o a N o r t h W e s t .* 2 ,5 4 7 , ,303
I l l i n o i s C e n t r a l . ............... 2 ,5 2 8 , ,8 2 5

Northern Pacific*. . . . . . . 2,485,,220
Chic.- Mil. A St. Pant... 2,010,,8 9 8
C a n a d i a n P a c i f i c .............
B a lt i m o r e A O h io ...........
P h il.A R e a d .a u d C .A l/
O re g o n R E . A N a v ig ...
L o u i s v i l l e A N a s h v ........
P a c i f i c C o a s t .......................
W a b a s h ..................................
U n io n P a c i f i c . . .................
S ou th ern R a i l w a y .. .. . .
M e m p h is D i v i s i o n ___
N e w Y o r k C e n t r a l . .........

E r ie * ......................
D e n v e r A B i o G r a n d e ..
G r a n d T r u n k . . . . .............
L . S h o r e A M ic h . S o u t h .
C le v . C in . C h ic . A S t . L .
N . Y . C h ic . A S t. L o u I b .
B a lt . & O h io S o u t h w . . .
M ic h . C e n t. A C a n . S o . .
B t. L o u i s A 8 a n F r a n . ..
L. Y. B R . an d L . V . C oal
C h e s a p e a k e & O h io ........
W i s c o n s i n C e n t r a l..........
R io G ra n d e W e s t e r n ...

1 .8 8 3 , 3 2 5
1 ,5 5 9 , ,6 1 0
1 ,3 0 5 , ,7 1 0
1 .2 7 6 ,,9 4 0
1 ,1 4 3 ,4 4 9
1 ,1 2 3 ,,0 4 8
9 9 2 ,2 5 8
9 3 3 ,7 4 7
9 0 6 ,6 3 0
1 0 6 ,9 0 2
8 3 0 ,7 4 7
777 ,3 8 7
691 8 0 2
6 4 9 ,112
488 759
4 7 1 .5 6 3
4 2 6 ,9 6 8
4 1 9 ,2 7 4
4 1 8 .,0C 0
4 0 4 ,,3 2 1
4 0 0 , ,1 1 6
391, 144
390, 371
388, 0 6 4

Phil. Wilm. A Balt.......

365,,100

C in . N . O . & T e x . P a o /
C h ic . A G r a n d T r u n k .. .
O r e g o n S h o r t L i n e ..........
N o r fo lk A W e s te r n .

357! 2 9 2
3 5 1 , ,881
347, 448
3 4 3 866

B A R K IN G S IN S U L

M O N T H S .

I n e r e a ie s .
C h ic . G r e a t W e s t e r n . . .
8 a v . F la . A W e s t e r n . . . .
D e l. L a c k . A W e s t e r n . .
C h o c . O k la . A G o l f . . . . .
B u ff. B o o h . A P i t t s ........
M in n . S t. P . & 8 t S . M . .
U u. P a o , D en . & G u lf..
C e n tra l o f N. J e r s e y ,...
M o b i le A O h i o ...................
P itts b u r g A W e s te rn ..
E lg in J o lie t A E a ste rn .
N a s h v . C b a t t . A S t. L . .
K a n . C ity M e m . & B i r ..
M e x i c a n C e n t r a l . ...........
K a n . C i t y F t . S, & M e m .
D u l. S o . S h o r e A A t l . . .
F t, W o rth A D e n . C it y ..
I c n v a C e n t r a l ......................
L o n g I s la n d ...... .................
P e o r i a A E a s t e r n ............
C l e v .L o r a i n A W h e e l 'g *
C h ic . I n d . A L o u i s v i l l e
M e x i c a n I n t e r n a l ’! ........
G r a n d R a p id s A I n d . . .
A lle g h e n y V a l l e y . .. .. ..
W est. N . Y . A P e n n ....
N e w E n g l a n d .....................
F i t c h b u r g . . . . . . . . . ...........
T e rre H . & I n d ia n a p ...
F l i n t A P e r e M a r q . .........
D e t. G r, B a p . & W e s t ..
C h ic . & W e s t . M i c h ........
A n n A r b o r ......... ..................

$ 3 0 7 ,6 5 *
3 2 6 ,6 0 0
2 6 2 ,8 2 9
2 6 2 ,4 2 8
2 5 4 ,0 0 7
2 3 3 ,1 6 1
2 3 2 ,4 2 4
2 2 1 ,2 1 9
1 9 4 ,6 1 5
1 9 1 ,6 4 1
1 8 8 ,3 8 5
1 8 5 ,6 2 0
1 8 3 ,8 8 6
1 7 1 ,5 4 0
1 6 9 ,1 4 9
1 5 7 ,2 7 4
1 4 8 ,3 9 7
1 4 6 ,1 8 9
1 4 2 .2 4 2
1 3 3 ,0 8 2
1 2 6 ,1 8 7
1 2 3 ,5 7 1
1 2 3 ,2 0 6
1 1 8 ,1 4 1
1 1 6 ,8 8 8
1 1 5 ,4 7 6
1 1 5 ,1 4 4
1 1 4 ,2 5 3
1 1 1 ,9 4 3
1 0 9 ,9 0 1
1 0 9 ,2 9 1
1 0 8 ,8 8 2
1 0 1 ,3 7 0

T o t a l (re p re s e n tin g
8 5 r o a d s ) ................... $ 4 9 ,1 5 9 ,8 8 6

i C o v e r s lin e s d i r e c t l y o p e r a t e d e a s t a n d w e s t o f P i t t s b u r g ; t h e
g r o s s o n E a s t e r n l in e s in c r e a s e d $ 1 , 7 7 4 , 0 0 0 a n d o n W e s t e r n lin e s
$ 2 , 0 8 3 ,8 0 0 .
* F o r f iv e m o n t h s t o M a y 3 1 .
P X D IO IP A i CHANGES IN N E T BARKINGS IK S I X
In creases.
S o u t h e r n P a c i f ic * ............ $ 2 , 3 5 4 ,5 1 0
N o r t h e r n P a c i f ic * ............ 1, 9 9 5 ,2 9 3
A t c h . T o p . A S a n t a F e . 1 ,3 4 9 ,5 9 3
B a l t i m o r e A O h io ........... 1 2 9 8 ,3 8 5
U n io n P a c i f i c ...................* 1 ,1 5 7 ,0 6 2
I ll i n o i s C e n t r a l ................. 1,,0 8 6 ,6 5 6
C h i c a g o B u r l . A Q u i n ..
5 6 3 .3 2 9
O reg on R R . A N a v ig -..
5 0 4 ,4 5 5
Ph. A R ead, a n d C . A I /
4 9 9 ,5 8 6
C a n a d ia n P a c i f i c .............
4 8 6 ,4 8 3
G r a n d T r u n k ., . .................
4 3 9 ,6 3 0
S ou th ern R a i l w a y .... . .
4 3 7 ,4 2 5
M e m p h is D iv i s io n ,...
6 4 ,2 5 9
4 0 5 ,4 4 9
P a c i f i c C o a s t .......................
L. Y . R R . an d L. V . C oal
3 2 4 ,6 4 8
C h ic . M U A S t . P a u l . . .
3 3 0 ,6 5 8
2 7 2 ,7 0 0
L o u i s v i l l e A N a s h v ........
W i s c o n s i n C e n t r a l...........
2 4 1 .3 3 0
C e n tra l o f N . J e r s e y ...
2 3 4 ,2 4 3
C h esap eak e A O h io ....
2 2 2 ,4 9 6
M in n . Sfc. P . A 8 . S . M . .
2 2 0 ,0 2 6
2 0 5 ,3 7 2
D e n v e r A R i o G r a n d e ..
O r e g o n S h o r t L i n e .........
1 9 9 .3 8 8
O h io . A G r a n d T r a n k . .
1 8 0 ,3 2 3

M ON TH S.

In crea ses.
R io G ra n d e W e s t e r n ...
B u ff. K o c h . A P i t t s ........
U u . P a c. D en . A G u lf..
O h io . & N o r t h W e s t / . .
Bt. L o u is A S a n F r a n . . .
C h o c , O k la . A G u l f ........
P h il . W ilm . A B a l t . . . . .
F t. W o rth & D e n . C ity .
E r i e * .........................
D u l, S o u t h S h o r e A A t l .
C h ic . G r e a t W e s t e r n . . .
S t, L . Y a n d . A T e r r e H .
E lg in J o lie t A E a s te rn
C in . N . O. A T e x . P a c /

$ 1 7 6 ,2 4 6
1 6 1 ,9 5 6
1 6 0 ,6 3 3
1 4 8 ,6 7 1
1 4 7 ,3 5 2
1 3 9 ,0 1 2
1 3 2 ,9 0 0
1 2 6 ,0 6 8
1 2 0 ,5 7 6
1 1 6 ,0 6 4
1 1 5 ,2 8 7
1 0 6 ,5 7 7
1 0 2 ,5 0 4
1 0 1 ,0 9 4

<?roi* E arn ings.

June.
ISO* {122f
1894 (ISO)
1895 (134)
1890 (127)
1807 (311)
l t W (1211

%
59,4*9,340
43,01 L 34 i
49,805.905
51,898,527
53,457,06'
56.1+ 404

Y ear
Increase or
Preceding. Decre.au*.
%
57,755,084
58,408,530
47,370,397
49.BW /83
51,751,399

$ 1 5 5 ,0 0 3

In crea se*.
I ll i n o i s C e n t r a l .......... ..
A tc h . T o p . & S a n ta F e .
U n io n P a c i f ic ___ . . . . . . .
P h il. W ilm . A B a l t . . . . .
B a lt i m o r e A O h i o . . . . . . .
C h e s a p e a k e * O h io ....
O regon R R . A N a v ig ...
B u ff, B o o h . A P i t t s . . . .
C e n tr a l o f N . J e r s e y . . . .
M e x ic a n , C e n t r a l . ...........
S ou th ern R a ilw a y . . . . . .
S a v . F ta . & W e s t e r n ,. ..
C l e v . C in . O h io . A S t. L.
S t . L o u is A S a n F r a n . . .
N orth ern C e n t r a l.......

$ 3 7 6 ,8 6 7
2 5 4 ,9 2 2
2 1 0 ,5 3 6
1 0 9 ,6 0 0
1 0 0 ,6 9 3
7 3 ,6 7 8
7 0 ,2 5 1
6 8 ,1 3 9
0 6 ,5 8 2
6 6 ,5 3 7
5 8 ,8 5 6
4 7 ,3 6 0

40,991

In crea ses.
P a c i f i c C o a s t .......................

$ 3 1 ,4 4 0

T ota l
(r e p r e s e n tin g
1 6 r o a d s ) ..................- . $ 1 , 6 7 5 , 0 1 8

D e cre a s e s ,

P e n n s y l v a n i a ) ..............
C h ic . M il. A S t. P a u l . . .
B a lt . <% O h io S o u t h w . . .
C a n a d i a n P a c i f i c .............
C h ic a g o B u r l. A Q u in .
L e h . V . R R . a n d L .Y . C ’l
L a k e E rie. & W e s t e r n ..
C o l o r a d o M i d l a n d ...........

$ 1 4 8 ,9 0 0
9 0 ,3 9 4
8 4 ,9 4 9
6 8 ,7 3 2
5 1 ,9 1 0
4 1 ,1 2 7
3 9 ,5 1 8
3 3 ,1 8 5

T ota l
(r e p r e s e n tin g
1 3 r o a d s ) .....................

$ 8 5 8 ,7 1 5

3 4 ,5 7 0
3 3 ,9 9 6

i C o v e rs lin e s d ir e c t ly o p e r a te d e a s t a n d w e s t o f P it t s b u r g a n d E r ie .
T h e n e t o n t h e E a s t e r n lin e s d e c r e a s e d $ 9 3 ,2 0 0 a n d t h e n e t o n t h e
W e s t e r n l in e s d e c r e a s e d $ 3 5 5 ,7 0 0 .

It remains only to be said that despite the losses
here disclosed and the small increase in the final re­
sult, there are only two groups that show losses for
the month in the net (the Trunk Line and the N orth­
western) and only one, namely the Anthracite Coal
group, that has suffered a decrease in the gross. W e
annex the following, furnishing a summary of the
groups for June.
SU M M AR Y B Y G ROU PS.

Section on
Group.
J un e,
Trunk iln.es..(10)
A nth ra. c o a l,(4)
Hast. & M M .(15)
Mid. W eat'nJIS)
Northwest'n<10'i
Southweut’n.aS i
Paoifle C o a s t * /)
S o u th e r n ,.., (86
M e x i c a n .. .. . (3)

G ro ss E a r n in g s . ■

N et E a rn ings.
1898.

1897.

1808.

51.570.778

1S97.

$

I n c . or D ec.

$
8,720,650
708,207
775,057
790,822
3,875,699
1,110,72?
1,955,972
2.0 i+ i
026,941

P .0 .
11*96
2*87

15.50H.815 14.578.9-3

0*39

?
I
13,704,709 18,201,409
4,027,402
4,018,411
8,120,548 2,840,008
4,154,384
3,714,419
8,090.084
8,604,872
5,413,614
4.053,022
J - B
4,903,738
8,270,501)
7,473,775
1,881,303
1,797,281-

3,274,770
724,934

1,015,676
1,128,651
2,728,104
1,445,005
2,283,454
2,215,227
724,044

sror
42*72
5*IS
30*09
14*18
10-94
15*49

The following is the detailed statement for the half
year referred to above:
E A K N IN G S O F U N IT E D S T A T E S R A I L W A Y S J A N . 1 T O J U N E 3 0

T ota l
(re p re s e n tin g
3 r o a d s ) ........................

$ 6 4 1 ,0 6 4

As regards the statement for June, we have already
indicated that it does not come up to the level of the
returns for the preceding months, the reason being
found mainly in the contraction in tho grain move­
ment. It deserves also to be pointed out that we are
comparing with somewhat better results in the pre­
vious year. The following carries the comparisons of
the June totals back to 1893.
Y ear
Q tvm .

T o t a l (r e p r e s e n tin g 4
r o a d s ) .............................

PRINCIPAL CHANGES IN N E T BARKINGS IN J U N E ,

T o t.. (121 p’ dft} 65.1t4„464
T o t a l (re p re s e n tin g
4 5 r o a d s ) . . . . . . ____$ 1 6 ,9 2 8 ,2 3 9
D ecrea w es.
N e w Y o r k C e n t r a l . _____ $ 3 1 8 ,1 4 6
B o s t o n A M a i n e ...............
1 6 3 ,1 9 4
N o r t h e r n C e n t r a l ............
1 5 9 ,7 2 4

* F o r fiv e m o n th s to M a y 31.

T ea r and
n um ber
• / roads„

9 1 ,5 9 3
8 3 ,6 1 7

C le v . C in . O h io . A S t.
C h ic . G r e a t W e s t e r n .

1
+1,713,102
—10.377,180
+2,015,603
+7,075,914
+1,705,0*8
+ *. 543

Net B a rn ln jt.
Y ear
G iven.

Year
Increase, or
P receding. Decrease.

*
%
*
17,774/00 10,738,769 + + 0 S 5 /1 0
11,001,158 15,177,809 -4 /1 0 ,7 4 1
14,290,824 1*.780,758 + 1 /0 1 000
14,392/73 13,859,' 51
+561,819
14,004,605 11,486,252 +1.413,311
1 * /0 0 8)5 14.578,005
+980.912

In the case of the individual roads there are no
such striking gains as in some of the preceding months,

Neio England—
Bangor A A r o o s t o o k ,.
B ennington A R u tl’ d .
B oston A A lb a n y ........
B oston & M aine........ .
Bridgton & 8. R iv e r ..
F itch bu rg................
H o o s a c Tun. A W ilm .
New England..............
Ph il. It. A N ew E n g ..

.-----------G ro SS.-----------.
1893.
1897.
*
*
877.910
374.S88
107,777
100,287
4,331.460
4.1 0 8 /7 *
9.087.0 >3
9,143.441
13,101
12,721
3,392/13
3,278,300
24.427
24,399
2,022,057
2/00,913
301,632
2-J7.S59

T o ta l (9 r o a d s ).. . . 20,261.310
1898.
Trunk L ines—
Baltim ore & O h io ....
B. & O. S o u th w e s t,/..
C lev. Clu. Ch. & St. L .
Peoria A E a ste rn ....
Erie a .................. .
Gruml Trunk a ............
C h ic .& Gr. T ru n k a.
D et. Gr, II. & M ilw.a
Lake 8b. A M ich. S o . .
M id i. Cen. A Can. So.
N. Y. Cent, A H u d . R .
N. Y , Chic. & 8 t. L . ., .
Penh.—E ast p . & M ...
W e r t Pitta. & E rie..
Phil a. & E rie ...........
Pitts. C. G. A S t L . .
P itts. Y o u . A A s h ..,
W a b a s h ................

13,628.379
8,987,248
0,800,252
030.809
12,700,0*8
7,590,401
1,542.701
368,439
10,109.009
0,97 2,000
23,172.423
2,082,205
81,353,511
21,1(13,800
tU ,88+224
07,539,281
m i . Sb 7
0,«84ifl88

— N e t .—
1897. I n c . o r D e* .
$
%
139,241
+ +,908
1 0 /5 3
+10,839
1,420,930
+81,116
2,7 0i *,904
—163,194
4.043
+ 1,004
841,301
+33.872
n ,2 y 4
-4 .0 7 4
-9 5 .4 8 9
€70, 20
—18,881
90,478

*2).132.295

5.822.602

6 958,932

1897.

1828.
$
3.481.599
854,120
1/54.341
213,4 01
2.05'.077
2,30l.4f54
317,526
09.181
8,573,870
1,7 52,000
6.869,470
507,611
8,538,950
0.851.500
5413,297
!>1,060,8M
0219,274

1897.

12.00+709
2,907,971
0,427/89
797,723
11,989,311
0.9-17.349
1,1011,880
384,164
9.620.850
0,554,000
21,341,073
2,6&t,237
29,6**9,511
10,020,MOD
5 1 /0 +10?
b9,780,087
5583,813
5,392.725

T otal (18 road s).. .148,198.5.7 130,847,831
JnHirrtr/tff Coal—
C en t’ l o f N ew Jersey ..
D elaw are & H u dson
Rensa. & Saratoga,.
N. Y. A C a n a d a ...-.
A lban y & Susa .. ..

1895.
f
168,203
21-497
1.503,010
2,597,710
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6,020
575.040
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1898.
»
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1897.
*
,
5.520.598

1898.
*
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3.087,708
410,366
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+180,328
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+ 3,000
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1,571,310
163,9-1
2,53 ,101
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1897.
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+234.243
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1897.
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1 7 ,1 5 7
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421
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5 1 ,4 0 7
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1 2 6 531
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1838.
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1897.
*
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1898.
*
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1898.

S o u th w e s te r n —
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122+H
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1 0 1 .2 4 8
1 8 3 ,4 6 3
1 75 ,51 1
7 7 7 .2 5 4
2 8 1 ,8 1 0
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1898.
1847.
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1 ,6 0 \053
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1898.
*
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1897.
$
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1898.

3 ,8 9 7 ,7 5 0

8
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1897.
*
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1898.

M id d le W e s t e r n —

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1897.
1898.
1897.
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99+79
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1897.
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1893.
$
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1898.

$

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1898.
S
2 0 4 .9 2 7
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1 8 9 7 . I n c . o r D ec*
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6 4 .0 3 ,1 7 3 6 4-1 .7 0 4.1 02
+ 1 .1 6 7 ,0 0 2
1 + 7 9 ,0 9 9
1 5 ,5 8 0 ,4 5 1

405

C H R O N IC L E .

+ 7 .3 0 3 + 2 0

1897.
I n c . o r D ec .
$
S
104+45
-M 0 + 8 ?
+ 2 3 ,1 >»
4 9 .8 0 0
+ 7 , 3 ?0
2 5 .1 0 7
— 5 ,0 2 0
9 7 ,4 2 2
+ 1 0 ,1 5 2
0 ,3 2 4
—19
95*
8 5 ,7 0 0
— 1 0 .0 1 8
-2 ,3 3 0
4 ,4 8 7
— 5 0 ,1 4 *
7 0 1 ,6 1 3
-2 3 ,8 1
124.0'>7
— 3 ,5 4 8
3 .J 8 1
+
2 2 2 ,4 9 0
1 .5 5 0 ,7 4 3
4 9 0 .0 9 4
+ 1 0 i,0 9 4
6 4,7 51
4 8 ,0 1 4
-5 2 3
1 .0 0 4

1898.
S o u th ’ n ro a d s (C o n .)
*
7 3 3 ,2 7 5
G e o r g i a ..............................
5 ^ 3 ,4 0 5
G e o r g ia A A la b a m a ..
4 8 2 ,2 1 9
G a . S o u t h e r n A F la ..
2 3 ,4 7 0
G u l f A C h i c a g o ............
Jackson v. T . A K . W .
3 8 8 ,0 3 6
- 6 S .2 2 5
K a n . C . M e m . A B i r ...
105+02
L e x in g to n A E a ste rn
2 3 7 .2 .; 8
L o u is v . H e n . A S t .L .
1 0 ,9 2 2 ,8 3 7
L o u i s v . A N a s h v i l l e ..
2 0 ,1 4 3
M a co n A B ir m in g h a m
1 8 2 ,0 3 3
M o b ile A B i r m i n g h ’m .
2 ,0 7 1 .9 4 4
M o b i l e A O h i o ................
2 ,7 3 5 .7 2 0
N a s h v . C h a t. A S t. L . .
5 ,4 6 3 .9 6 7
N o r fo lk A W e s t e r n —
2 8 ,9 >4
N o r t h e a s t e r n o f G a .a .
4 3 0 ,7 4 5
O h i o R i v e r .........................
1 0 0 .0 1 8
O h io R iv . A C h a r l’t ’ n .
3 4 3 ,9 3 7
P e t e r s b u r g . . . ...................
4 ♦5 ,0 8 7
R ich . F red . A P o t ’ ra a c
2 0 4 .1 2 4
R ic h m ’ d A P e t e r s b ’g ..
2 ,0 6 1 .3 1 3
S a v . F lo r id a A W e s t . .
1 3 2 .4 4 0
s i l v e r S p . O c a l a A G ..
S o u t h e r n R a ilw a y
.. 1 0 . 14 7 ,5 4 3
7 3 8 .1 9 4
M e m p h is D iv is io n ..
3 0 3 ,2 0 3
W e s t ’ n o f A la b a m a ..
4 i , ' ‘ 7<
W rig h ts v . A T e n n ille .
5 7 5 ,8 8 3
w .V a .C e n t . A P it t s b ..
1 5 0 ,5 5 9
W . V i r g i n i a A P i t t s b .®

1897.
S
7 2 7 ,1 6 0
4 9 6 .6 4 4
4 0 6 ,9 2 7
2 0 ,0 9 7
1 6 5 ,3 1 1
5 8 4 ,3 3 9
104+11
2 1 1 ,5 8 8
9 ,7 7 9 ,3 8 8
2 8 .H 7
1 5 0 ,6 2 8
1 .8 7 7 ,3 2 9
2 ,5 5 0 ,1 0 0
5 ,1 2 0 ,1 0 1
2 's+ O x
4 2 2 .3 1 5
S 0 ,6 0 i
3 1 1 ,7 1 3
372+47
1 7 8 ,5 2 0
1 ,7 3 4 ,7 0 4
1 0 0 ,5 8 9
9 ,2 4 0 ,9 1 3
6 3 1 ,2 9 3
3 0 0 ,6 3 4
3 8 ,9 3 1
5 5 4 ,0 5 7
1 5 1 ,7 0 5

1838.

t

135+70
1 3 7 ,3 3 7
135+51
4+67
3 3 ,1 8 5
1 8 8 ,8 5 3
3 4 ,9 2 8
5 2 ,4 2 4
3 ,2 6 4 ,5 3 5
d e f .3 ,4 7 8
4 4 ,8 7 4
4 8 1 ,9 7 1
9 2 3 ,3 1 9
1 ,4 0 5 ,7 3 7
d e f.7 9 0
1 1 L,1 03
1 4 ,1 6 3
1 8 3 ,9 5 3
1 7 2 ,1 2 9
70+59
6 0 9 ,0 2 8
7 8 ,1 7 5
2 ,9 8 1 ,4 1 4
1 7 7 ,3 3 0
9 9 .4 9 1
8 .4 58
1 9 1 ,5 4 1
6 1 .5 7 5

1897.
t
1j5 7.5 06
11)4.243
116 .5L 4
,2,5 90
2 0 ,3 1 5
1 1 1 ,5 0 8
3 4 ,4 4 3
3 7 ,0 9 5
2 ,9 9 1 .8 3 5
d e f.1 4 .0 ll
2 ', 9 5 4
5 1 9 ,7 8 5
9 0 1 ,0 5 0
1 ,3 6 8 + 3 5
5+31
1 3 9 .3 4 0
1 " ," 9 9
1 5 4 ,0 0 1
1 2 2 ,0 9 8
6 3 .2 3 2
5 3 4 .8 8 2
5 5 ,7 4 4
2 ,5 1 6 ,9 8 9
1 1 3 ,0 7 7
1 1 5 ,5 6 6
9 ,3 9 9
1 6 1 .4 4 1
6 7 ,5 5 1

$
— 2 2 ,1 3 0
+ 3 3 ,0 8 9
+ 1 8 ,8 3 7
+ 1 ,7 7 7
+ 0 .8 7 0
+ 7 7 ,3 5 0
+485
+ 1 5 ,3 2 9
+ 2 7 2 ,7 0 0
+ 1 0 .5 3 3
+ 2 2 ,9 2 0
— 3 7 .8 1 4
+ 2 2 ,2 6 9
+ 9 0 ,8 0 2
-6 ,5 2 1
— 2 8,2 3 7
+ 4 .0 0 9
+ 2 9 .8 9 8
+ 5 0 ,0 3 6
+ 7 ,1 3 7
-f-7 4 ,7 6 0
+ 2 2 ,4 3 1
+ 4 3 7 ,4 2 5
+ 6 4 ,2 5 9
— 1 0 .0 7 5
-1 ,4 4 1
+ 2 7 .1 0 0
— 5 ,9 7 4

5 3 ,1 6 4 .0 6 2

4 8 ,1 8 l ,3 L 6

1 5 .3 9 5 .6 9 4

1 3 ,9 0 8 ,0 5 5

C e n t r a l ..........
I n t e r n a t '! . . . .
N a t i o n a l ....
N o r t h e r n .a ..
M e x . G u lf .a .

1893.
?
6 ,7 3 9 .2 9 3
1 .0 1 5 ,9 7 2
3 .0 3 5 .0 8
2 3 3 ,7 9 3
6 5 3 .4 1 6

1897.
$
6 ,5 3 7 ,7 5 3
1 ,5 4 2 .7 0 0
2 ,9 9 3 ,0 2 4
2 7 1 ,7 4 9
5 3 0 ,0 1 1

1893.
$
2 ,1 6 1 .2 4 0
0 3 7 .7 0 7
1 ,3 7 6 ,0 1 0
1 2 3 ,2 2 3
2 8 1 ,2 7 3

1897.
In c. or D ec.
-S
$
2 ,1 9 1 ,5 1 6
— 3 0 .2 7 6
5 8 * ,“ 75
+ 4 8 ,9 4 2
1 ,4 4 0 ,7 2 5
— 6 4 ,1 0 9
1 5 1 ,7 7 7
- 2 8 .5 5 4
2 3 1 ,1 9 0
— 2 0 ,2 1 7

T o t a l (5 r o a d s ) . . ..

1 2 ,3 2 2 ,3 2

1 1 ,9 0 1 .3 ) 3

4 ,5 6 0 ,0 5 9

4 ,0 5 4 ,2 8 3

T o t a l (4 3 r o a d s ) . . .

M e x ic a n R oa d s M e x ica n
M e x i c in
M e x ica n
M e x ica n
M on t. A

& r a n d t o t a l ( l S C r ’ d s ) . 4 8 7 .2 7 3 ,1 9 7 4 8 6 ,1 2 2 .1 8 1

+ 1 ,4 8 7 , 0 3 9

— 9 4 ,2 2 4

U 3 .5 1 4 .6 1 7 1 2 5 ,6 9 4 ,2 8 9 - f 1 7 8 2 0 ,3 2 3

a F ig u r e s a n d c o m o a r is o n f o r t h is r o a d a r e f o r fiv e m o n t h s e n d e d M a y 31, t h e
J a n e re tu r n s n o t b e in g r e a d y y e t.
o N o t c o u n t e d in f o o t i n g s , b e c a u s e i n c l u d e d i n e a r n i u g s o f t h e s y s t e m u n d e r
w h ic h t h i s r o a d a p p e a r s .
c F o r f o u r m o n t h s t o A p r il 30.
+ l a c i n d e i C h e s a p e a k e O h io A S o u t h w e s t e r n f r o m J u ly t , 1 897, O h io T a l l e y
f r o m A .a g a s t . 1 8 ) 7 . a n d C h i c a g o Sc T a r a s f r o m O c t o b e r 1 , 1 8 9 7 .
t In c lu d e s D e s M o in e s A K a n s a s C ity f o r b o t h y e a rs.

2^ouctaviji(Co nxnxcvciixl gugIisTx2£exus
IFrom our own correspondent.]

L ondon , Saturday, Aug. 13, 1898.

The Spanish acceptance of President McKinley’s terms be­
came known in London on Thursday morning and there was
instantly a marked rise in the American department, accom­
panied by a general expansion in business. The American
purchases of American securities have been for some time
past on a considerable scale and this week they are larger
than ever. For the first time the city is actively participat­
ing, and there are signs that the general public is likewise
beginning to buy.
Everybody recognizes that the whole situation is so much
improved in the United States that the fears respecting the
currency may now be dismissed, and that consequently a long
j period of prosperity may be looked for. Outside o f the
American department, however, there is as yet little doing.
Ia th efirst place the British railway dividends have been
disappointing. Spsaking broadly, the traffic returns all
through the first half of the year were exceedingly good, and
though it was understood that both wages and materials had
risen, and therefore it was anticipated there would be an in­
crease in expenditure, still the general anticipation was that
for the most part last year’s dividends would bs maintained.
The anticipation has been entirely disappointing. In one
case the dividend has been reduced from 4 per cent to
per
cent and in other cases there have been reductions of % and
per cent.
To pat the matter as briefly as possible, there has been an
increase of expenditure upon the eighteen principal lines of the
United Kingdom of about l l4 millions sterling. About onehalf million is due to the rise in wages ; the rest is due either
to the coal strike in South Wales, to the rise in the prices of
materials, or to the much larger expenditure upon better­
ments.
It may be well to remind the reader that the old Manches­
ter Sheffield & Lincolnshire Railway Company, which was
originally intended to]connect the North of England from east
to west, some years ago determined to build a trunk line to
London, completely changing the nature and the policy of
the company. The project is now nearly completed, and the
name of the old line has been changed to the Great Central.
The Great Central very soon now will begin to compete with
tbe lines that heretofore have connected London with the
North of England and with Scotland, and it would seem that
these lines, anticipating a war of rate3, have been afttively
preparing for it during the past half-year. Furthermore, the
Great Western Railway Company, which connects directly
with the Southwest of England and the South of Wales, is
about to construct a new line by building short links between
old branches and so making a direct line to the coast of Sout h

106 i

sTH E

[Y ol . LXVI1,

C H R O N IC L E .

Wales, starting steamers from thereto the south coast of Ire­
land, and thus competing directly with the Loudon & North
Western, which formerly had a practical monopoly of the mail
traffic between London and the Southwest of Irelaud, espec­
ially Cork. Apparently both the Great Western and the
North Western have also been preparing for this competition.
The result of all is that the amount paid in dividends this
year is less by about £400,000 than the amount paid twelve
months ago.
In addition to all this, the charges made by Mr. Hooley to
the effect that he had made payments to a large number of
noblemen and directors of companies, which he bought and
transformed, has made a very bad impression upon the Stock
Exchange. The charges have been denied more or less
strongly, but the general belief is i hat tbev contain some
amount of truth. In any case, the Stock Exchange jumps
to the conclusion that the investing public will believe that
there is no smoke without fire, and that consequently the
old confidence in boards of directors which consist of men
of high position will be shaken: moreover, that it will be
much mere difficult in the future to induce the public to
subscribe to new enterprises.
A t the same time the desperate plight in which Spain is,
the unhappy condition of Italy, the delay in settling Crete,
the unrest in the Balkan Peninsula, and the struggle of the
nationalities in Austria-Hungary, all continue to keep up a
certain amount of apprehension. Respecting Spain, it is
understood that the negotiations with the Messrs. Rothschild
for renewing the lease of the Almaden silver mines in con­
sideration for a loan of three or four millions sterling will
be resumed, and that the long talked-of tobacco monopoly
will be created. It will give Spain a certain amount of
money; but she requires very much more, and it remains to
be seen whether Paris may lend. It may safely be said
that London will not. In its difficulties the Govern­
ment has authorized the Bank of Spain to increase its
note circulation to 2,c00 million pesetas. Nominally the
peseta is of the same value as the French franc,
and 25 pesetas are worth a pound sterling; but
really the peseta is at a discount c f abont oC<f. A t its
par or nominal value, then, the full issue, if it is made, will
mean a note circulation of the Bank of Spain of 100 millions
sterling, or about four times that of the Bank of England.
It is easy to foresee what the value o f the Bank notes will
become if this decree is acted upon. True the decree or­
dains that if the circnlation is under 2,000 million pesetas tha
Bank is to keep half the amount in gold and silver ; while if
it rises to 2,500 million pesetas the reserve is to amount to twothirds. But it is one thing to decree these notes, and it is an
entirely different thing to get gold and silver. The plain fact
is, that the Government has no other way of paying its bills.
The whole accommodation given to the public in bills and ad­
vances is about seven millions sterling, so that in one form
or other the Government apparently intends to make the
Bank of Spain lend itself a total nominally amounting to
93 millions sterling.
The struggle for concessions in China goes on. Just now
there is a keen fight between the British and the Russian
ministers at Pekin concerning the contract entered into by
the Chinese Government with the Shanghai and Hong Kong
Bank for a loan to construct the Nni-Cliwang railway" exten­
sions. The Russian Government objects because the line
will be in Northern China and wishes to compel the Chinese
Government to forbid the line to be mortgaged as a security
for the loan; also all foreign interference of every kind. It is
said that the Russian Minister has succeeded ; but though
the struggle for concessions keeps up a certain amount of
disquiet, there is no real apprehension of war between this
country and Russia.
The money market is exceedingly easy and in spite of
everything the banks can do, rates remain very low. They
are sure so to continue so long as the Japanese Government
lends freely here and gold is not taken from the Bank of
England in large amounts. Gold is going to Germany, but
the best opinion seems to be that the German demand will
not be inconveniently large. Respecting what the United
States demand will be there is much diversity of opinion.
If the moving ol the crops, the expansion of trade and the
Government operations make money very dear in New
York, and consequently gold shipments from London be­
come large, there is sure to be a rapid and considerable rise
in rates here. Otherwise rates will remain low For the
moment, therefore, the key of the position seems to be in
New York. Not much gold will go to Japan, and no con ­
siderable amount will go to India. It is understood that the
Currency Committee will meet again in October and that its
sittings will probably be continued for many months.
What its ultimate decision will be nobody can foresee, nor is
it possible yet to judge whether the appointment of Mr.
Curzon, who has for some years been Under Secretary for
Foreign Affairs, to the Viceroyalty of India will in any way
alter the policy of the Indian Government.
Mr. Curzon is not quite forty, is exceedingly active, ener­
getic add able, is a good speaker and good writer, and has
made a reputation at the Foreign Office, Practically he has
been the mouthpiece of the Foreign Office in the House of
Commons since the present Government was formed. He has
travelled extensively in Russia, Persia, along the northwest
frontier of India, throughout India itBelf, and in China. He
has written books on these countries and he has an immense
faith in himself. Whether he will form a currency policy for

himself remains to be seen. Hitherto the different viceroys
have mote or less been gnided by the permanent officials in
Calcutta. It is quite possible that Mr. Curzon may himself
be bis own Finance Minister and may insist upon carrying
ont an entirely new financial policy.
M eanwhile the monetary esse in India continues and is
likely to continue until November and December. But on
account of the dearth of rupees, owing to the closing of the
mints, there is still a strong demand for Conned drafts. On
Wednesday the Council offered fo f tender 25 lacs and the ap­
plications amounted to 81 lacs. The whole am ount offered
w assofdat an average price slightly exceeding Is. 3ijjd, per
rupee. Subsequently a few thousand lacs were sold at Is.
3 15-16d. per rupee.
1 he following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols,
«o>» compared with the last three years:
PS
ISfS
1897.
189P.
1896.
a tip. io.
xu-,. li.
A u g . is.
A ug. l ,
EES

A

i

JC

X

Circulation................... ... ,,, 2 8 ,fits 300 £8.008,420 S7.4!«,110 28.430,978
,6i«
7.0O4.4SI
0.3IMH0 S 081.057
Publiodeposita......... .............
• th«r deposits....
................ ,11.1*0,031 40g.u.lH0 6R,«u,m 41.4-11,687
Government noonrides............ 13,038,090 13.788.480 u Me 995 i'.,: 05.425
Other securities........ ............
SI,107,675 2.:, <03.009 28,r01Utt8 23.944, res
Reserve of note* end coin.....
ss.824.t03 34.4ii.no sp,4t!2.’s>» so.899,277
Coin 8 bullion, both depertin'ts S4.613.0 3 85,019,530 47.13S.600 89.080,858
Prop, reserve to liabilities.p.ct. 45 7-10
61%
68%
6>-%
Bant rate...............percent.
2%
2
2
2
Consols, 2% per cent,. ........
11 0 1 1 -1 0
112%
112 18-16
107 7-16
Silver..................-................... 27 6-i6d.
25^6.
81Md.
Stfcd*
Cloarinst-House retnrns... .... 139.590,GOO 195,717,000 124,864,000 160,413,000
The following shows the imports of cereal produce Into
the United Kingdom during the first forty-nine weeks of
the season compared with previous seasons :
IMPORTS.
77S1
1897-8.
1896-7.
1895-6.
1894-5.
Imports ofwheat,owt.61 ,702,210 61,919,750 65,023,210 73,207,856
Barley..........................19,340,104. 20.569,700 21,218,642 24,206.114
Oats............................. 14,220,990 17,284,380 13,394,880 14,650,517
Peas............................ 2,245,065 3,150,835
2,425,600
2,205,469
Beans........... ............. 2,281,310
2,598,080
2,997,832
4,074,162
Indian com................ 50,500,300 55,533,760 40,852,090 24,773,224
Flour............... - .........18,971,770 18,974,720 18,741,470 18,252,830
Supplies available for consumption (exclusive of stocks on
September 11:
1897-8.
1896-7.
1895-6,
1894-5.
Wheat imported, owt.61,702.210 61,919,750 65,023,210 73,207,856
imports of flour........ 18,971,700 18,974,720 18,741,470 18,252,830
lales of home-grown. 13,153,851 23,977,282 14,429,407 20,219,095
Total.............. ...103,832,741 104,871,762 98,194,087 111,679,781
1897-8.
1896-7.
1895-6.
1894-5.
Aver. prioewheat,w efc 35s. 7d
29s. 5d
23s. 6d.
24a. 2d.
Average price, season. 36e. 53.
28s. 8d
25s. Od.
21s. 2d.
EiigU sh Sflnanel.il Hlarltets—Per Gable,
The daily closing quotations for securities, etc., at London
are reported by cable as follows for the week ending Aug. 26 :
LCRD OS,

S a t,

M on.

lu es.

W ed .

T A ars.

F r i.

S ilv e r , p e r o n n j e —
&.
'.lom sols., n e w , 1 % p .e t e .

273e

27
U 0 » l8
1105s
1 0 3 -5 5
405, t
14=8'
37%
87%
18%
26 %
115%
56
15
39%
1153-i
200%
60
68
12%
123
1716
5612
38*2
78%
61k)
10^8
23%
n %
934
35%
29 %
6 7 ‘4
22%

2 7 is lf
1 1 0 U ,e
110 %
0 3 -6 7 * 2
40%
145 q
38
871a
19
26
115 38
56
1 4 7g
39%
116
2 00 *2
6 1 b8
68
12%
12234
17%
56%
38%
78%
61%
10
23%
lia *
9%
36%
29%
67%
22%

2 71 3!,
1 1 0 1 3 1B
110 1 3 ,.
1 0 3 -6 0
-12%
14%
37=8
87%
17 7a
25
115%
55%
141%
39%
l i f t St
2 0 0 ti
6138
68
12%
122%
17
56%
3*%
7*%
61%
10
231%
11%
y%
30%
29%
67
22%

2 71 3, e
1101% ,
1 1 0 U J()
0 3 -6 7 %
4 2 » 18
14%
37%
88
18
24%
115%
5 5%
14%
39%
115%
200%
61%
68%
12 %
12 2 %
10 %
50%
3934
78%
61%
10
23%
11%
9%
36%
30
67%
22%

27%
110%
110%
1 0 3 -7 0
42%
14%
37%
83%
18%
24%
116%
55%
14% ,
39%
115%

F r ’ cli r e n t e s I i n P a r i s i f r . 1 0 3 0
S p a n is h 4 s ...........................
A'ock. T o p . & S a n t a F e .
Do
do
p re f.
r^ n a < H a n P a c i f i c . , . , . . . .
C e n tr a l P a c i f ic ..................
a essn-oaiiH <fc O L i o .. . . .
C h ic . M il. & S t. P a u l . . . .
i > r a i , A R i o G r ., p r e t . .
E d o . c o m m o n ...............
o
la x p r e f e r r e d -----------I ll i n o i s C e n t r a l ------. . . .
I
L o u is v ille
N a s h v i ll e .
• l^ x io a ii C e n tr a l, -ta
V o R a n . & T e x ., c o m ..
.7, v . C e a t/1 & H u d s o n .
v Y . O n t a r io A W e s t ’ n
N o r fo lk A W e n t’n , p r e f .
• 'vrtiiern P a c i f i c , c o m . .
P r e f e r r e d ............ . . ........
/c n n a y lv a n la
......
f h i l a . & R e a d ., p e r sir.
P h il. & R e a d .. 1 s t p r e f .
P h il. * R e a d ., 2 d p r e f .
■Vsuth’ n R a il w a y , c o m .
P r e f e r r e d ................... .
T n ion P a c if ic —
Do
n ew p r e f-.
V a b a sh . p re fe rre d

©
to
e3
>4
e
-

B

61%
68%
12%
122%
16%
50%
40%
79%
61
9%
23%
11%
9%
36%
30%
0 7 78
22%

®0 mtMXUci;t! anti IM-t sc eII au co u 5 f j c xx> s .
I mports and E x p o r t s fo r t h e W rick.— T he follow mg are
the imports at New York for the week ending for dry . oods
Aug. IS and for the week ending for general merchandise
Aug. 19 also totals si me the beginning of tha first week
in January.
v o a i s i o v IMPOKTR AT NEW YO RK

f fo r wctfK.

1898.

1897.

12,043,205
6,075,373

*1,005,048
4,257,548

*7,118,578
T otal........
S in c e J a n . 1.
Dry goods....... f60.742.041
Gen’l mer’dise 216,429,659

Dry eooae—
rtenT mer'dise

1896.

1895

*2,185,705
4,136,257

*3,226,814
7,117,167

5,262,596

*6,321,962

*10,343,981

$92,981,036
246,501,590

*75,478,107
220,131,503

*95,304,763
236,562,333

Total 33 weeks $277,171,700 $339,462,626 $295,604,610 *381,867,101

A ugust 27, iss? .j

THE

C H R O N IC L E ,

Theimports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement of the exports (exclusive o{
pecie) from the port of New York to foreign ports for the
week ending Aug. 22 and from January 1 to date;
exports

from

tore: fo r

sew

week ending August 20, based on averages of the daily results
W e o m it tw o c ip h ers ( 0 0 ) i n a ll ca ses

S u r­
p lu s.

250 .0

100,0
100,0
100,0
100,0
200,0
100,0
200,0
100,0
300.0

355.5
60.7
183.9
117,2
50.8
6,0
31.5
81,2
157.0
83,7
189,7
91.6
111.1
25.0
108.9
102.5
73.6
146.0
48.7
296.1
123.1
4,2

2.339.8 155,2
12.7
688.9
1.712.0 107.0
60,0
1.103.3
22.7
645.0
65.0
450.0
27.2
669.1
54.9
1.236.9
2.066.4 259.8
97.3
427.9
30.0
1.168.0
71.0
1.269.0
22.4
915.9
14.2
586.2
921 ,0
38.1
9,9
680.7
61,0
1.442.0
15.2
1.178.7
21.4
694.8
1.927.7 158.6
1.012.7 134.8
1.418.1 273.0

29.9
54.0
96.0
70.8
100.8
33.0
59.4
68.5
85.6
49.1
75.0
128.9
94.8
103.9
76.9
35.1
26,0
75.0
74.0
189,3
74.9
331.0

220.8

B e d fo rd .............. .
B r o a d w a y ...........
B r o o k ly n .............
E igh th W a r d ...
F ifth A v e n u e ...
F u lt o n .................
K in g s C o u n ty ...
M a n n fa ct’r s ’ N a t’l
M e ch a n ics ................
M ech’ s ’ A T r a d r ’s ’
N assau N a t io n a l..
N ational C ity ..........
N o rth S id e ..............
P eop le’ s .....................
Q ueens Co. (L .I.C .)
S c h e r m e r h o r n ........
S e v e n te e n th W ard
S prag u e N a tio n a l..
T w e n ty -s ix th W d .
U n io n ...
.........
W a lla b o u t................

150.0
100.0
300.0
100.0
100.0
200,0
150.0
252 .0
500.0
100.0
300.0
300.0
100.0
100,0
100,0
100,0
100,0
200,0
100,0
100,0
100,0

107.2
112,0
157.6
33.4
50.9
171.7
59.1
414.4
387.5
191,0
556.7
546.7
109.8
108.5
123.5
59.9
71.2
205,4
50,6
46,1
29.5

31.9
1.022.8
25.9
1,331,3
83.8
1.243.7
11.4
289 .8
19,7
505.9
57,0
823.2
36.9
583.4
2.054.2 223 .7
95.3
2.597.8
63.4
847 .6
3.729.0 243 .0
2.211.0 239 .0
13.2
636.6
43.9
747 .8
1,682,0 115,4
33.5
517.4
402.8
7,3
1,015,0 102.8
7,5
369.9
6,8
297.7
12.3
460.8

65.2
129,5
37,4
17.9
17.2
30.2
27.0
272.1
92.1
62,0
221 ,0
310 ,0
61.1
28,8
123.7
17.2
33.7
14.0
15.3
13.0
34.9

96.1
185.7
190.1
44.2
38.0
170.7
90,4
450.4
152.2
171.2
575.0
442 .0
198.8
51,6
454.3
100.0
114.4
375,0
70.0
20,8
128,7

O t h e r C i t ie s .
1st N at., J e r. C ity .
H ud. Co. N at. J . C.
3d N at., J e r. C it y .,
i d N at., J e r. C it y ..
1st N at., H o b o k e n .
3d N at., H o b o k e n .
Bank o f Staten I s i.
1st N at., S taten I si.

400 .0
250.0
250.0
200 .0
110,0
125.0
25,0
100.0

705.1
520 .6
376.2
185,5
414 .3
81,3
44,1
70,7

4,315,5
1,906.3
1,40 5,1
817 .2
1,573.8
823.3
397,8
600 ,7

124,3
82,2
56.4
30,7
104,8
40,1
23.3
27.5

184,0
46,9
49.4
56.4
27,0
36.4
34,3
26,7

719.2
133,7
353.0
128.3
136.0
76,0
103.4
109.0

Ne w Y

F o r th e w e e k ..
P rev . rep orted

1896.

1895.

$ 6 ,2 9 6 ,2 9 9
2 3 4 ,8 6 0 ,2 9 8

$ 9 ,9 2 3 ,0 1 4
2 5 2 ,5 9 9 ,1 4 9

3 6 ,1 7 1 .8 7 8
3 0 4 ,4 4 3 ,1 9 9

$ 6 , 7 3 8 ,6 2 3
2 0 6 .8 7 6 ,1 9 6

T o t a l 3 3 w e e k s $ 3 1 0 ,6 1 5 ,0 7 7 $ 2 6 2 ,5 2 2 ,1 6 3 $ 2 4 1 ,1 5 6 ,5 9 7 $ 2 1 3 ,6 1 4 ,8 1 9

The following table shows the exports and imports of
specie at the port of New York for the week ending Aug. 20
and 3ince January 1, 1898, and for the corresponding periods
in 1S97 and 1896.
E X P O R T S A N D IM P O R T S O F S P E C IE A T N E W T O R S .

Im p o r ts .

E x-ports.
G o ld .
W e ek .

S in c e J a n . 1.

G e r m a n y .....................
W e s t I n d i e s ...............

1 0 0 ,8 5 7
2 0 ,2 9 2

$ 1 , 2 8 9 ,6 2 3 $ 3 5 ,4 0 9 ,0 2 2
1 2 ,7 4 6 ,7 6 4
2 0 2 ,4 3 4 2 0 ,2 6 3 ,3 8 1
2 4 ,3 5 9
2 ,5 9 7 ,9 8 0
6 4 ,0 7 4
2 1 ,0 5 5
3 3 4 ,0 9 2
6 ,2 2 4
5 4 4 , Sir 5

$ 4 , 7 5 6 ,7 1 7
2 9 ,6 2 8 ,9 0 7
5 0 ,9 3 3 ,9 4 2

$ 1 ,5 4 3 ,6 9 5 $ 7 1 ,9 6 0 ,1 9 8
3 ,1 5 7 ,9 2 0
4 2 0 ,5 0 8
3 3 ,8 4 1
1 9 , 0 5 9 ,5 0 7

4 ,6 2 7 ,3 6 8

$ 5 5 ,1 2 0

S o u t h A m e r i c a ........
411 o t h e r c o u n t r i e s .
T o t a l 1 8 9 8 ..........
T o t a l 1 8 9 7 ..........
T o t a l 1 8 9 6 ..........

$ 5 5 ,1 2 0
6 ,3 0 0

S in ce J a n .1 ,

W e ek .

$200
8 ,0 0 0

G r e a t B r i t a i n ............

E x p o rts.

I m p o r ts .

8 ilv e r .
W eek .
G r e a t B r i t a i n ............

D e p o sit.'w ith
L o a n s <%
L e o 1.
I n v e s t­ S p ecie. <5c B 'k O lear'g O ther
m e n ts .
N o tes. A g e n t. B k s.A c

Capi­

B A N K S.
(00s om itted.)

tal.

THE W EB B,

1897.

1398.

407

W e ek .

Si n e e J a n . 1.

S i n c e J a n . 1.

G e r m a n y ....................
W e s t I n d i e s ................
M e x i c o .........................
S o u t h A m e r i c a ........
A l l o t h e r c o u n t r ie s

$ 9 1 3 ,2 0 4 $ 2 6 ,9 4 9 ,3 9 9
7 7 8 .3 5 0
2 ,6 1 0
3 9 5 ,0 6 6
1 4 ,1 5 9
1 8 3 ,1 1 8
2 ,6 0 0
7 ,0 5 5

2 ,9 3 6
1 6 ,8 1 2

$ 1 2 ,0 9 2
2 3 .9 3 2
3 ,2 6 0
2 5 4 .5 8 5
6 7 2 .8 5 9
4 9 1 .5 8 5
5 7 ,5 3 4

T o t a l 1 8 9 8 ..........
T o t a l 1 8 9 7 ...........
T o t a l 1 8 9 6 ..........

$ 9 1 5 ,8 0 4 $ 2 8 ,3 2 9 ,7 5 7
1 ,0 0 4 ,7 2 5 3 0 ,3 0 0 ,7 5 3
1 ,3 6 6 ,8 2 6 3 3 , 6 6 3 ,3 3 6

$ 2 2 ,1 2 7
4 3 ,7 2 6
7 6 ,7 9 3

$ 1 ,5 1 5 ,8 4 7
1 ,7 9 3 ,5 6 1
1 ,9 6 8 .0 9 6

$ 2 ,3 7 9

—Messrs. Rudolph Kleybolte & Co. have moved from 35
Nassau Street to delightfully located offices on the top floor
of No. 1 Nassau Street.

ork

Ci t y .

A s to r P la c e .............
C o lo n ia l.........
C o lu m b ia .................
E le v e n th W a r d —
F o u rte e n th S tre e t.
F ra n k lin N ation a l.
G a n s e v o o r t .............
H a m ilto n ........
H id e & L ea th . N at.
H o m e .......................
H u d so n R i v e r —
M ou n t M o r n s . ..
M u tu a l.....................
N in e te e n th W a r d .
P l a z a ........................
R iv e r s id e ................
S ta te..........................
T w e lfth W a r d .......
T w e n ty -th ir d W d .
U nion S q u a re.........
Y o r k v il le .................
A sto r N a t’l B a n k ..
Brooklyn.

100.0
300.0

100.0
100,0
200 ,0
200,0
200,0
500.0

100.0
200,0
250.0

200.0

200,9
156.3
146.0
410 8
175.1
90.0
36.9
79.1
146.8

$
155,0
290 ,0

59,0

102,0
103.0
119.3
127.4
106.8
342.0
81.2
04.0
94.8
54.9
224.7
129,9

34,3
147,5

1,8
9
124.0
111,7
148,5
108.0
85.0
54,4
14.0
22,9

39,9
92.0

121,0
600,0
69.1
138,9
14.0
3,0
45.0
130,3

N et
D e­
p o s its .

*
2.569.3
796,9
1.942.0
1.520.7
8 49 .7
4 50 .0
522.5
1.239.4
1.572.0
587.5
1.101.0
1.051.1
868.5
782,4
1.174.2
864 .0
1,018,0
1.433.7
898 .3
2,288,1
1.287.1
1.778.1
1.125.8
1.515.1
1,294,7
247.0
452.3
706.8
503.8
2.580.0
2.287.5
969.2
4.035.0
2 .8 4 6 .0
1.329.3
819 .3
2.327.5
523 .4
387 ,7
1.085.0
374.1
248 .2
628 .6

980.3
203.3
133.3
97,4
195,9
1,0

T o ta ls A u e . 3 0 ... Q,o/3,o 8, 438-5 59 <53*-5 3 , 974,4 3,997*5 9 ,1 7 5 ,* 4, 221,4 t67-346,7
Totals A u g . 1 3 ... 9,0*2,o 8,438,5 59-303,4 M S o j 4, *24 ,, 8~q . 353 -5 3 ,9 *7 ,7 C
6 7.y2 Q
. O.,0
Totals A u g . 6 . .. . 0,013,0 8 .472.7 •jQ,OIO.l 7/7. 4 3 ',896,1 9 , 031.3 4, 267,8 66,625 0

New York City Clearing House Banks.—Statement of
New York City, Boston and Philadelphia Banks.—Below
con lition for the week ending August 20, based on averages we furnish a summary of the weekly returns of the Clearingof daily results. W e o m it tw o c ip h er s ( 0 0 ) in all ca ses.
House Banks of New York City, Boston and Philadelphia,
The New York figures do not include results for the non­
Ban k s.
O apiU u |S u r p l’ t i L o a n s .
S p ec ie . L t g a l s . D e \ is
member banks.
B a n k o f N e w Y o r k ..
M anhattan C o ...........
M e rch a n ts’ ...............
M e ch a n ics’ ................
A m e r ic a ......................
P h e n lx .........................
C i t y .................... ........
T ra d esm en ’ s ..............
C h e m ic a l.....................
M e rch a n ts’ E x o h ’ ge
G a lla tin ........................
B u tc h e r s ’ * D ro v ’ rs’
M e ch a n ics’ * T r a d ’s ’
G re e n w ic h ..................
L ea th er M a n u fa c r s
S e v en th . ....................
S tate o f N e w Y o r k ..
A m erican E x ch a n g e
C o m m e r c e ...................
B ro a d w a y ....................
M e r c a n tile .................
P a c i f ic .........................
R e p n b llo .....................
C h atham ......................!
P e. o p
s
-------------------------,
, le’
N orth A m e r ic a ..........
H a n o v e r ___
______________________
_
I r v in g ...........................
Cl t it eu s’ ............... .
N a s s a u ........................
M ark et * F u lt o n ...
S h o e A L ea th e r.
C orn E x ch a n g e ..
C o n tin en ta l______
O riental ...............
I m p o r te r s ’ * T ra d ’ra
P a rk ..............................
E ast R iv e r ..................
F o u r t h .........................
C en tral .......................
S e c o n d .........................
N in t h ............................
F i r s t .............................
N . Y. N at’ l E x c h ’ ge.
B o w ery ........... ..............
N e w Y o rk C o u n t y ..
G erm an A m e r ic a n ..
CRuuia.............................
F ifth A v e n u e ...........
G erm an E x c h a n g e ..
G e rm a n ia ....................
L in c o ln ........................
G a rfie ld .......................
F ifth ..............................
Rank o f th e M etrop .
W eet S id e ............... .
S eab oard....................
S ix t h .............................
W e s t e r n ....................
irst N at. B ’ k i y n ...
at. U n ion B a n k ...
L ib e r t y ........................
N . Y. Prod. E x c h ’g e .
S k .o f N . A m sterdam

R

$2,000,0 $1,841.7 $14,180.0
“2,050,0 3,216,2
" “14.925.0
‘
14.114.3
2,000,0 1.037.7
2,000.0 1.959.8 10.305.0
1.500.0 2.563.2 20.305.1
1,000,0
4.184.0
220.3
1,000,0 4.119.4 77.708.7
3.100.0
750.0
130,7
300.0 7.001.4 24.778.0
4.871.0
600.0
170.1
7.270.9
1,000,0 1,702.1
120.2
1,018,2
300.0
2.030.0
400.0
170.0
802,3
200.0
171,6
3.948.0
800,0
475.9
300.0
109.3
1,6* 0.5
3.332.1
1.200.0
505.1
5,000,0 2.527.3 25.917.0
29.780.0
5.0 0 0 .
0 3.404,
1
1.000.
0] 1.609.2
0.913,1
9.775.2
988.U
1.000,0
2.276.5
475,11 3.276,
422,7
308,71 17,070,
7.070.9
1,500,01
978,51 -------5.979.0
450.0
1.874.0
252.5
200,0
700,0
569.3 10.700.8
S
gag gj 2.238.7 34.533.9
1,000,01
500,0:
357.1
3.428.0
2.594.2
600,0
376.3
267.9
9,616*0
500.0
957.2
5.931.7
900.0
101 ,2 1 3.287.9
1,000,0
1,000,0 1,330,8!
9.715.5
000 ,0
5.458.7
1,000,0
397,41
1.800.6
300.0
1.500.0; 5,501.5] 23.833.0
2,000.01 3.204.8 37.047.0
147.7
1.295.8
250,0:
8,200,0 2,O 10,l! 23.869.0
495 .8 10.709.0
1,000.0
300.0
711.0
5.841.0
281.1
3.198.0
750.01
5oo,o: 7.504.4 29,453.4
07,1
1.327.8
300,0!
011.2
250.01
2.822.0
443.0
3.254.4
200,0'
298.1
750.0
2.891.9
1.000,0 1,110,0 30,508.7
100.0 1.102.5
7,910.7
200,0
570.8
2.127.0
748.3
200,0
3.230.1
711.9
0.449,7
300.0
848.4
200,0,
5.304.1
323.1
2 0 0 .0 !
1.799.9
850.5
300.0
4.752.2
200.0
340.4
2.174.0
348.0
500.0!
8.400.0
348.3
200 ,0'
1.820.0
2,100.0
721.7 20,909,3
937.7
300.0
4.370,0
1,200,0
933 .0 12,207,2
329.0
600.0
4.135.4
1,000,0
353.5
4.131.9
298.4
2.952.4
250 ,0

T o t* i ..........................169.022.7 78,292.1 8

6

6

.

$ 3 .lltM )
5.561.0
4.145.8
2.380.0
4.532.9
772.0
27,93/*, 8
559.0
0.049,0
998.0
1.400.3
291.1
205.0
82,0
908.3
042.0
723.4
2.409.0
3.241.7
1.743.7
1.906.3
872.0
4.628.8
713.9
237.9
2.307.2
8,573.5
803.5
443.3
370.8
1.279.7
017.0
2.420.7
1.050.3
170.0
5.374.0
14,200.0
253.4
4.399.3
8.912.0
1.412.0
803 .7
7.070.3
210 .3
510.0
057.8
519 .8
8,322.2
1.457.9
109.3
555.8
1.912.4
1.002.0
504,7
1.542.8
354.0
1,3 79,0
270.0
0.797,0
1,338,0
2.801.7
1.070.7
051.8!
0 0 2 ,7|
7

4

3

$1,050.0
1.535.0
1.049.6
838.0
1.705.5
209 .0
1.914.2
271 .3
2.753.0
352 .2
597.0
06.1
225 .0
175.4
203,9!
101.1]
191,8
3.105.0
2.908.3
140.2
1.151.7
451.3
020.7
888.0
471.0
805.8
1.950.8
632.9
153 0
391.0
042.3
347.0
715 0
603.3
301.0
801.0
2.815.0
150.7
2.804.5
879 .0
380 .0
248 .0
1.079.5
122.0
459 .0
328 .8
200.7
4.293,7
932.9
705.3
582.4
003.0
341.0
100.1
403.9
352.0
1.490.0
128.0
2.511.0
1.785.5
359.5
270.1
143.9
190.2
,

5

$14,080,0
19.036.0
17.723.0
10.33.3.0
23.771.4
4.030.0
102.170 1
2.950.0
20.381.0
5.469.0
0.247.4
1.224.9
2.120.0
773.4
4.077.6
2.243.4
3.260.9
20.815.0
24.108.5
6.734.4
10.936.2
3.054.6
19.779.2
5.979.1
2.572.2
12.602.0
43.173.3
3.975.0
2.713.4
3.159.2
0.523,2
3.633.2
11,388.9
0,511.5
1.850.5
2 4 .0 4 2 .0

49.842.0
1.287.1
20.176.7
15.390.0
0.810,0
3.610.3
30.179.0
1.238.1
3.368.0
3.757.4
2.880.3
40.408.3
9.154.1
2.985.4
4.343.1
7.727.3
0.124,1
2.257.0
5.983.3
2.403.0
10.200.0
1.545.0
35.783.3
0,243,0
13.002.8
5.023.0
8.881.0
8.206.5

SA8KS
N . V*.*
J u ly 30.
A ug. 0..
13.
20 .
B o a ,*
A ug. 0..
‘
13
20.
P h lln . *
A u g. 0.
13.
20..

Loan 1.

3p0<9*.

L sqcus.

$
134.254.0
134,315.6
134.315.0
134.315.0

S
030.760.7
849.499.8
059,411,2
000.743,4

t
1065051
1089880
1002244
1645732

S
60.819.4
00,167.9
57.076.1
55.519.5

08.507.3 1 79,487.0 15.C01.O
00.5S7. ■! 182.028.0 15,155.0
03.587.3 182,473,0 14 890,0
35.388.0 115.974.0
35.380.0 117.414.0
35.388.0 118.361.0

D eposits.* C ir c T n

(Jlearins

$
741,680,1
757.051.0
700.754.0
765,013,8

9
044 .528 .3
741.158.3
778 612 ,7
8 4 3 ,3 1 0 .5

5.249.0 189.812.0
5.315.0 191.792.0
5.041.0 193.804.0

40.862.0
4 0 ,7 l\ 0
41.287.0

130.577.0
132.118.0
134.028.0

9
14,391.9
14,273,8
14,231,1
14,202,0

0,008,0 102,103.6
0, 0 1 1 , 0 95.493.8
0,019,0 9 5 .440.8
5.878.0
5.879.0
5.891.0

05 8 2 9 ,6
0 7 ,3 8 7 ,0
0 9 ,8 9 4 ,4

Auction Sales.— Among other securities the following, no 1
regularly dealt in at the Board, were recently sold at auction.
By Messrs. R. V. Harnett & Co:
uwn UJf.
$ 1 0 1 ,0 0 0 A t l . S u w a n n e e R iv .
& G u lf R y . 1 s t 58 , 1 9 4 5 ,
J A J . J u ly , 1 8 9 8 , c o u p o n s
a t t a c h e d .......................................
$ 1 5 ,0 0 0 T h e G o d e y G o . 1 s t
6 a, 1 9 0 0 .........................................

S hares.
'1 0 S t a n d a r d N a t ’ l B a n k . . . . 1 0 5
2 0 4 T h e G o d e y C o ., p r e f ......... $ 3
5 9 2 T h e G o d e y C o ., c o m ......... $ 3
5
2

By Messrs. Adrian H. Muller

&

Son :

1 0 C o l o n i a l T r u s t C o .............. 1 9 5 ^
2 1 B a n k o f N . Y .. N . B A . . 2 35 *8
3 0 N a t ’l B u tc h e r s ’ & D r o v ­
e r s B a n k ............................... 7 ^ * 3
1 0 7 N a t’ l P a rk B ’ k . . . 310*2 t o 3 4 2
1 5 ,0 0 1 N ic a r a g u a C o . . $ 5 p e r s h .
8 0 M a n h a tta n
Y e a s t C o.
$ 5 0 e a c h ...........................$ 2 3 l o t .
1 2 F r a n k li n N a t ’ l B a n k ........ 5 0

$ 5 ,0 0 B o r o u n U o f B r o o k l y n
G a s C o . 1 s t 5 b, 1 9 3 r . M & S . :
S h a res.
11 U. 8 . T r u s t C o .........................1
1 8 U . S. F i r e Tns. C o ...............1 ;
2 3 6 S a ra n a c A L a k e P la c id
R f . C o ......................... $ 1 ,3 0 5
1 7 7 U n io n T r a o . C o . o f P h ila .
$ 5 0 ea ch . $ 2 0 ^ * $20^8 P
5 C a m d e n T h r e a d C o ., p r e f .
$10

Shaking a tl f f i t uncial.
Spencer Trask &
BA N K ERS,

ay A 29 PI N E S T R E E T ,

.

.

C o .,

.

NEW TORI .

6 5 S ta te S tr e e t, A l b a n y .

________ I N V E S T M E N T S E C U R I T I E S .__________
Gb o r o i B a r c la y M offat.

M o f f a t

765,013,8

Reports of Non-Heniber Banks.—The following ia th*
statement of condition of the non-member banks for th<

la p ita lA
Surplus

A l e x a n d e r M . W r it e . J r

&

W

h

i t e

,

BA N KERS,
K o.l

NASMAO R T B E B T .

IN V E S T M E N T

-

-

•

VR W

S E C U R IT IE S .

V » « K

408

THE

C H R O N IC L E .

jankers' (liaaette.

[V ol, LXVII.

United States Bonds.—Sales of Government bonds at the
Board are limited to $10,000 4s, coup., 1907, at 111%, $1,000
5s reg., at 112 and $585,001 3s (when issued) at 105 to'105%.
The following are the daily closing quotations ; f o r y e a r l y

D IV ID E N D S .

ra n g e see seven th p a g e f o l lo w i n g .
P er
C e n t.

N am e o f C om pany.

R ailroad** (S te a m .)
Rio Grande Western com.............
IllKct-lla no«)ua.
Gentnvi Fireworks, prof...............
International Paper, pref (utiar.)
IL S. Leather, prof, (qnar.) ___!

TFAcn

B o o k s c lo s e d .
( B a g s i n c l u s i v e .)

P a y a b le.

2*

Sept. 30 Sept, 21 to Sept. 30

i%

Seim
Oct.
Oet.

1

l Aug. 30 to Sept. 1
l ---------- to -------------D Sept. 1 6 to Oct. 2

•Parable in preferred stock at par.
W A L L S T R E E T , F R ID A V. A U G . SB. 1 S O S .-3 P. M.

The Money Market and Financial Situation.—The
trend of business in Wall Street this week has been for the
moat part along conservative lines. The volume was smaller
than during the two previous weeks, but was still relatively
large, and reflects a wider pnblic interest, which absorbed
the offerings of securities and kept the market generally
steady. The improved industrial situation, present and pros­
pective, has led to increasing interest in some industrial
securities. This is especially noticeable this week in the iron
stocks, and is stimulated by an alliance or combination now
being arranged which includes several o f the largest com­
panies in the West and Northwest. The iron industry is a
constantly broadening one, and its future importance in this
country can hardly be over-estimated.
Remarks by the President of a leading granger road, the
weekly earnings of which are considered a barometer of trade
conditions in the Northwest, to the effect that the large busi­
ness now being reported is made up chiefly of West-bound traf­
fic, is suggestive of what may he expected in that section when
the Fall movement of grain sets in. As farther illustrating
the improved situation in the West, it is reported that local
banks are generally well supplied with funds for moving the
crops, and that tbere is likely to be less demand than in some
former years for Eastern capital for that purpose. There is,
however, a better demand for money at this centre and con­
sequently a firmer tone to the market.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from 11 to 3 percent. To-day’s rates on call were 1% to 2
per cent. Prime commercial paper quoted at 3% to 4% per
cent.
The Bank of England weekly statement on Thursday
showed an increase in bullion of £80,475, and the percentage
of reserve to liabilities was 48-30, against -i7•21 last week; the
discount rate remains unchanged at 3% per cent. The Bank
of France shows an increase of 2,400,000 francs in gold and
1,600,000 francs in silver.
The New York City Clearing-House hanks in their statexnentof Aug. 20 showed a decrease in the reserve held of $3207,800 and a surplus over the required reserve o f $28,839,250,
against $33,111,850 the previous week.
1898,
A ug. 20.
$
C a p i t a l . .................... 5 9 ,0 2 2 ,7 0 0
S u r p l u s .................... 7 5 ,2 9 2 ,3 0 0
L o a n s <fc d i s o ’ n t s . 6 6 6 ,7 4 3 .4 0 0
C i r c u l a t io n ............ 1 4 ,2 0 2 .0 0 0
H e t d e p o s i t s .......... 7 6 5 ,0 1 3 ,8 0 0
S p e c i e . . . . . . ______ 1 6 4 ,5 7 3 ,2 0 0
L e g a l t e n d e r s ___
5 5 , 5 1 9 ,5 0 0

D iJ F eren 'sfr’m
P rev . w eek .
$
I n c . 7 .3 3 2 ,2 0 0
D ee.
2 9 ,1 0 0
I n c . 4 ,2 5 9 ,2 0 0
D e o . l , 6 5 1 ,2 0 0
D e o . 1 , 5 5 6 ,6 0 0

1897.
A u g. 21,

1896.
A u g . 22.

$
S
5 9 , 0 2 2 ,7 0 0 6 0 .6 2 2 .7 0 0
7 4 ,3 6 3 ,9 0 0 7 3 ,2 9 4 ,0 0 0
5 5 8 ,6 1 ^ ,3 0 0 4 5 8 ,9 3 3 ,5 0 0
1 3 ,2 5 2 ,2 0 0
1 6 ,3 6 5 ,8 0 0
6 3 5 ,9 9 7 ,4 0 0 4 5 8 ,2 9 8 ,6 0 0
9 3 , 2 0 5 ,6 0 0 4 6 , 7 9 6 .6 0 0
1 0 5 ,5 4 7 ,2 0 0 7 7 .0 5 0 .7 0 0

R e s e r v e h e l d . ___ 2 2 0 ,0 9 2 ,7 0 0 D e o .3 ,2 0 7 ,8 0 0 1 9 3 ,7 5 2 ,8 0 0 1 2 3 ,8 4 7 ,3 0 0
L e g a l r e s e r v e ___ 1 9 1 ,2 5 3 ,4 5 0 I n c . 1 , 0 6 4 ,8 0 0 1 5 8 ,9 9 9 ,3 5 0 1 1 4 ,5 7 4 ,6 5 0
S u r p lu s r e s e r v e

2 8 ,8 3 9 ,2 5 0 D e c . 4 , 2 7 2 ,6 0 0

3 9 ,7 5 3 ,4 5 0

9 , 2 7 2 ,6 5 0

The Clearing-House, on Oct. 30, 1897, also began issuing
weekly returns showing the condition of the non-member
banks which clear through the Clearing-House institutions.
The statement in full for the latest week will be found on
a preceding page.
Foreign Exchange.—There has been a tendency to weak­
ness in the foreign exchange market on a liberal supply of
commercial bills and a limited demand.
To-day’s actnal rates of exchange were as follow s: Bank­
ers’ sixty days’ sterling, 4 83%@4 83%; demand, 4 8o@4 85%;
cables, 4 83%@485%; prime commercial, sixty days, 4 83 A
4 83% ; documentary commercial, sixty days, 4 82%@4 82%;
grain for payment, 4 82%@4 82%; cotton for payment, 4 82%
<g4 82% ; cotton for acceptance, 4 83@4 88%.
Posted rates of leading bankers folio w :
A u g . 26

S ix ty d a y s.

D em a n d .

P r i m e b a n k e r s ' s t e r li n g b i l l s o n L o n d o n .
4 8 4 * 4 85
4 8 6 * 4 86%
P r i m e c o m m e r c i a l ........ ..................................... .
4 8 3 * 4 83%
D o c u m e n t a r y c o m m e r c i a l ............................... 4 8 2 % ® 4 8 2 %
P h r is b a n k e r s ' ( f r a n c s ) ...................................
5 2 i m ,« - * 2 1 7 e 5 1 9 * * 1 6 * 5 1 0
A m s t e r d a m ( g u ild e r s ) b a n k e r s ....................
4 0 * 4 0 1 ,6
4 0 9 18* 4 0 %
F r a n k f o r t o r B r e m e n ( r e lc lu n a r k s ) V i t e r s
9 4 % » 9 4 » ia
9 5 l In® 9 5 %

The following were the rates of domestic exchange on
New York at the under-mentioned cities to-day: Savannah,
buying % discount, selling par; Charleston buying 1-16 dis
count, selling 1-16 premium; New Orleans, bank, $1 00 pre­
mium, commercial, par; Chicago, 80e. per $1,000 discount;
St. Louis, par.

In terest
P erio d s.
2 s , ............................r e x .
13a, 1 9 1 8 .1 0 -2 0 s .e p .
4 s , 1 9 0 7 ...............r e g .
4 s , 1 9 0 7 .............o o u b .
4 » , 1 9 2 5 .............r e s .
4 s , 1 9 2 5 .............c o u p .
5 s , 1 9 0 4 ............. .r e g .
5 s , 1 9 0 4 ............c o u p .
6 s , o u r 'o y , '9 9 . . . r e k .
4 s , ( C h e f.) 1 8 9 9 . r e g .

A ug.
20.

Aug.
_ 22
‘

Q . - M o ll.
q .-F e b .
q. - Jan.
O .-J a n .
U .- F e b .
Q .-F e b .
Q .-F e b .
Q .-F e b .
.1, & J .
M arch .

<*
Q
C
E3
;

97
105 q
111
n il» a
*1271.1
127%
* 112
*1 1 2
-1 0 2 * 4
*101

A ug.
23.

A ny.
24.

A ug.
25.

Aug.
26.

* 97
105%
" 1 1 1 J4
'1 1 1 * 3
*1271-4
*12714
* 112
*112
•1 0 2 %
*1 0 1

* 98
105%
* 111
'l l U *
a27
*127
112
'1 1 2
*102%
*101

* 98
1 05 1s
• in
U II3
‘ 127
‘ 127
* 112
‘ 112
'1 0 2 ^
* 10 1

* 98
105%
* 111
*111 *3
'1 2 7
‘ 127
112
*112
-1 0 2 H
*101

'T IliH is t h e o r ie e h i d a t t h e m o r a i n e h e a r d : n o s a l e w a s m a d e .
1 D -a lln it s a r e i n b o n d s ‘ ‘ w h e n I s s u e d ” a n d r e p r e s e n t t r a n s a o t i o n s
in t h e U n li s t e d D e p a r t m e n t o f t h e E x c h a n g e .

Coins.—Following are the current quotations in gold for
coins:
S o v e r e i g n s .,...........$ 4 8 6
N a p o le o n s .............. 3 8 6
X X R e lo h m a r lr s . 4 7 4
2 5 P e s e t a s .............. 4 7 8
Span. D o u b lo o n s .1 5 5 0
M ex. D o u b lo o n s .15 5 0
F in e g o l d b a r s . . . p a r *

® $ i 88
ft 3 8 7
* 1 78
® 4 81
* 1 5 60
* 1 5 60
hi p r e m .

F in e S liv e r b a r s .. — 6 0 % » — 6 0 %
F i v e f r a n c s .............— 9 3 ® — 9 6
M e x ica n d o lla r s .. — 4 6 % » — 4 7 %

Peruvian sols___ — 42
E n g li s h s i l v e r . . .
4 83
U. S . tr a d e d o lla r s — 5 5

as — 43
®

4 86
— 65

State & Kailroad Bonds.—Sales o f State bonds at the
Board include §60,000 Virginia 6s deferred trust receipts
stamped at 8% to 8% and $7,000 Tennessee settlement 3s at
93.
The market for railway bonds has been generally steady
to strong on a volume of business averaging "about $3,500,000
par value per day. Texas & Pacific seconds were the prominent
feature: on very large transactions they advanced over 4
points. Of the miscellaneous issues, Standard Rope &
Twine, on a steadily increasing demand, show a gain of 11%
points. Chicago Terminal, Southern Railway. Union Pacific
Denver & Gulf and Wabash debentures, series B, are included
in the list of active issues which advanced from 1 to 4 points.
In addition to the above the active list includes Atchison,
Kansas City Pittsburg & Gulf, Detroit City Gas, Northern
Pacific, St. Louis Southwestern, Union Pacific and Wiscon­
sin Central 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 January 1,
S a le s
.— W e e k e n d i n g A u g . 2 6 — X . T . S to ck E x c h .
1898,
1897.
G overn m en tb on d s
» o 9 7 ,5 0 0
* 4 7 ,0 0 0
Stats bon d s............
07,000
2,000
R R . Atmlso. bond s.
18,902,500 1 4 ,349,000

-------- J a n . 1 (o A u g . 2 9-------- ,
1898.
1897.
* 1 1 ,0 4 9 ,4 5 0
* 8 ,4 3 5 ,1 0 0
1,555,500
1,121,000
5 4 0 ,692 ,81 0
3 2 0 ,559 ,99 0

T o ta l.................. *1 9 ,6 2 7 ,0 0 0 * 1 4 ,3 9 8 ,0 0 0
* 5 5 3 ,2 9 7 ,7 8 0
*3 8 0 ,1 1 8 ,0 9 0
Stocks—NO. shares
2 ,845,252
1,915,484
87 ,9 3 8 ,4 5 8
41,735,874
Par v a l u e , ,. . * 2 8 0 ,2 0 9 ,8 0 0 *1 8 3 ,5 2 1 ,1 0 0 *0 ,5 7 0 ,2 5 9 ,3 3 5 * 3 ,# 7 9 ,4 8 2 ,5 0 2
B anksbarestP arval,
*1 ,3 0 0
* 1 2 ,9 0 0
* 1 2 7 ,0 1 0
* 2 3 3 ,3 1 0

W e add the following record of the transactions for
day of the week.

each

W e ek e n d i n g
.---------- S to ck s -----------, R a i l r o a d , <Ic. S ta te
17. S.
A u g . 26,1898, S h a r e s .
P a r v a lu e .
B on d s.
B on d s.
B on d s.
Saturday....................... ............................H O b i l l A V ........ .............................................
M o n d a y .................... 8 35 ,611
*8 2 ,8 7 9 ,8 5 0
* 3 ,4 8 2 ,5 0 0
* 2 3 1 ,5 0 0
T u esday.................... 5 4 5 ,5 8 8
5 3 ,772,050
3 ,2 5 3 ,0 0 0
175.500
W ed n esd a y............ 5 21 ,529
5 1 ,779,500
4 ,0 3 2 ,5 0 0
* 4 5 ,0 0 0
33,500
Th ursday,............. . 4 86 ,300
4 5 ,2 8 8 ,2 5 0
8 ,8 72,500
51,000
Friday........................ 8 7 8 ,2 2 4
68,492,100
4 ,5 22,000
2 2,000 106 ,000
T o t a l.................2 ,8 15,252

* 2 8 0 ,2 0 9 .8 0 0

* 1 8 ,9 6 2 ,3 0 0

$ 6 7 ,0 0 0

* 5 9 7 ,5 0 0

The sales on the Boston and Philadelphia Exchanges for
the week ending August 26, 1898, have been as follows :
— B o s to n . U n lis t e d
sh ares.

B ond
s a le s .

L is ted
sh ares.

M onday ....3 8 ,7 6 0
T u e sd a y ... .20,1 45
WwiQesd’ y. 18,722
TJfcrsday.. .23 ,0 7 7
F riday......... 10.000

0,521
10,379
11,005
12,870
11,000

$ 1 3 8,00 0
134,375
125,900
104 ,650
7 5 ,000

19,989
13,826
14,909
14,708
21,852

14,980
18,627
16455
16,810
i2 ,8 6 3

$1 4 0 ,0 6 6
1 89 ,355
1 50 ,800
95,1 25
1 4 9 ,3 0 0

T o t a l... .119.713

54,865

577 ,925

85,374

7 4,741

8 1 0 ,6 4 6

L isted
sh ares.

P h i l a d e l p h i a .----------- #
U n li s t e d
B ond
sh ares.
s a le s .

Railroad and Miscellaneous Stocks.—The stock market
has been more than usually active. Although the trans­
actions steadily diminished from 635,600 shares on Mon­
day to 466,300 shares on Thursday, they were over 676,200 to-day. There was some irregularity in prices, but as a
whole the market was firm and in some important cases a
substantial advance is noted. Conspicuous among the latter
are Northern Pacific, Louisville & Nashville, Metropolitan
Street Railway and some of the lower-priced issues, The
gangers occupied a prominent place in each day’s market
and were generally firm on a steady demand. The coal
stocks were neglected. Cleveland Cincinnati Chicago & St.
Louis has not sustained the advance recently made; it sold
on Wednesday at a decline of 6 points, a small part o f which
it has regained. Manhattan Elevated was a weak feature,
hut its decline of nearly 7 points had but little effect upon
the market. It has recovered sharply to day.
The miscellaneous list was more erratic than usual, although
in most cases net changes are to a higher level. Minnesota
Iron and Illinois Steel w'ere strong, on the progress towards
an alliance. The former sold up to 99%, a gain o f nearly 30
points since Aug. 1. New York Air Brake and International
Paper fluctuated over a range of about 12 points and Con­
solidated Gas over 10 points within the week. American
Sugar, American Tobacco and People’s Gas show substanI tial net gains.

A ugust 27, 1898 ]

THE

C H R O N IC L E .— STOCK PRICES (2 pages) Page 1.

4.09

New York Stock Exchange—A Daily, Weekly and Yearly Record.
8 TO O K S — h i g h e s t a w d
S a tu r d a y ,
A u g . 20 .

|-

a
O
V4
>

M onday,
A u g. 22.

T u esd a y,
A ug. 23.

LOW EST S A L E

P R IO E S .

W ednesday T h u rsd a y,
A u g. 25.
A u g. 24.

STOCKS.

F r id a y ,
A u g. 26.

N. T . S T O C K E X O H .

R a n g e f o r yea r 1898.
S a le s
o f th e O n b a s is o f io o -s h W e lot*
W eek .
S h a res
L o w e s t.
H ig h e s t .

R a n g e f o r p rev i­
o u s y e a r ('1 8 9 7 ;.
L o w e s t. h i g h e s t .

R a ilr o a d S to ck s .
*190
*190
A lbany A S usquehann a..
*190 220
*190 220
*190 220
220
220
§183 Jan 4 180 F eb 8 170 F eb 17 7 % A p
2a5 11 A p r 21 15 F eb 8
*12
12% 1 2 * *12
13
13
-+Ann A r b o r ........... .............
*12
9 Jan. 15% Aufl
13%
1 3 * 13%
99 34 Jan 4 40% Feb 7
*36% 38
Do
pref.
§37% a s * *37
38
• 3 0 * 3 7 * *36% 33
2 2 * A p r 40 Ana
3,085 10% A p r 21 14% A u g 10
14% 14%
14% 1 4 *
14
14
1354 14
8 * A pr 17 Sep.
1354 14% A tc h . T o p e k a A Santa Fe.
3 6 * 3754
Do
pref. 100,230 22% M ar 12 3 7% A u g 22
3 6 * 37
3 6 * 36%
17 A p r 3 5 % S e p
3 6 * ■S'!H 3 8 * 37
*16
18
1,000
-D a it. A O. Southw ., p re f.
•0
7
6
0
5% Jan 19
7% F e b 3
2 J ’ ne
6*
0%
6%
9%Sepc
6%
*105
B ost. & N. Y . A ir L .. pref.
§105 M ar 9 §105 M ar 9 102 Mar 100 O ct.
*105 108
*105 108
*105
108
108
*105 108
*2 7% 28% • 2 7 * 28% B rook lyn Elevat., tr. r e c ..
50‘J 2 5 % A n g 17 2 8 % A u g 22
28
25% 28%
28
8% D ec
8%Oct*
110,780
B
rooklyn
Rapid
T
r
a
n
sit...
07%
0 5 * 07%
65* 67*
6 5 * 67
35 M ar 12 69% A u g 22
18% Jan. S 7 * D e o
« s * 67*
450 25 M ar 12 3 1 % A u g 22
32
♦31
32
Buffalo R o ch . A Pittsburg.
*31
33
*31
s o n 31% *31% S3
16% May 31 D eo
*07
*08
230 02 M ay 6 0 7 % A u g 22
70
Do
pref.
*66
8 7 * 6714 *67% 70
07
5 4 * J ’ ly 66% D eo
*75
*75
•75
*75
75 J ’ ly 1
*85
86
2,850 4 4% Mar 12 5 7% F eb 5
54
54
5 4 * 5 3 * C a n a d a S ou th ern ......... .
*53% 5 4 *
4 4% Jan. 62% Sep.
s s n s s n • 5 4 * 55
62 Jan 4
i,2 3 2 86% M ar 26 98% Jan 7
5 9 4 * 94% *93
95
9 3 * 9 3 * Central o f N ew J e r s e y .. . .
93
94
9 2 * 93
08% M ay 103% Jan.
475 11 A p r 23 1 8% A u g 20
*17
1S% 1 8 * Central P a cific......................
*17% IS
17*
*17
18
*17% 18
7% A p r 18 Sep.
2 4 * 25%
23* 24*
2 4 * 24% Chesapeake A O h io............. 20,189 17% M ar 26 28 A u g 17
15% M ar 2 7 * A u g
2 3 * 24%
24 n 2 5 *
S159U 1 59 U
110
*159
*159
*170"
*170
*170
*170
117
118
119% 110% 118
118% 1 1 6 % 1 1 8 % 118% 119% Chicago Burl. A Q u in cy ... 85,108 85% M ar 20 120 A u g 18
69% Jan. 102%|Sep.
60% 62%
60%
59
59*
5 9 * 61*
61% 03% Chicago A East. Illin o is ... 22,149 49 A p r 19 66 J ’n e 1 37% J’ ne 01 Sep.
m n
4.062 102 Jan 7 113 % F eb 1 95 Jan.
108% 109
108 109
Do
pref.
108% 1 0 8 * 108 108
108% 109
1 7 * Chicago G reat W e s t e r n ... 70,920
16 * 17*
n *
9% F eb 24 18 A u g 22
18* 17*
1 6 * 17%
3 % J’ ne 2 0 * A u g
1 7 * 18
74
*70
74
•70
74
D o 4 p.c. deben tu res.
*70
*70
74
•70
71%J*ly 15 7 1% J’ ly 15
72
71% O ct. 75 D ec
42
2,522 28 M ar 15 42% A u g 22
§42
42
42
D o 5 p.c. pref. “ A
.
41% 42%
41% 42
3 1 * A u g 43 Sep.
4 1 * 42%
*29% 30
•29% 80
D o 4 p.c. pref. “ B ” ..
118 20 A p r 21 3 0 * A u g 16
30
30
• 2 9 * 30
• 2 9 * 30
19 A u g 33% Sep.
100
•9
10 Chic. Indianap. A L o u isv..
•9
10
•9
10
7 F eb 24 11 J ’ly 27
8 Oct. 13 A u g
*8% 10
954
954
132* 3 2 *
Do
pref.
107 23 A p r 16 3 8 % J ’ ly 27
*32
*34
34% 3 4 * *34
36
35
36
26 N ov S 8 * S e p .
1 1 2 * 1 1 3 * 1 U * 1 1 2 « 112% 114% C hicago M ilw. A St. P a u l.. 264,397 8 3 % A p r 21 114% A u g 26
69% A p r 102 Sep.
1 1 2 % 1 1 3 % 111% 113
435
158
158
158
Do
pref.
159
158
158
§153
158
140 A p r 25 159 A u g 18 130% M ay 146 Sep.
159
135
135*j 130% Chicago A N orth W estern. 24,022 113% M ar 12 136% A u g 23 101 % A pr 132%Sejc
135 136
1 3 6 * 135% 130% 135% 130
175 M ar 7
1 0 5 * 1 C 0 * Chicago R o c k Isl. A P a c . . 80 ,8 5 * 80 M ar 25 1 08 % J’ ne 1 60% A p r 9 7 % S e f
106W 107W 1 0 4 % 1 0 6 % 105% 1067% 1 0 5 % 1 0 6
9,305 05 M ar 12 87 A u g 17
85% 8 6 * Chic. St. P. Minn. A O m ...
8 5 * 86%
84* 80*
8 4* 85*
47 Jan. 89% Sep.
8154 8 5 *
J154
100 §148 Jan 5 §105 A u g 17 133% Jan. 15 0 % D e «
*154
•154
*154
165
154
Do
pref.
•154
105
165
9
4,431
8%
9
9%
9%
9
9% M ar 8
8%
9%
9%
4% Jan 3
22,010 2 2 % J a r
35
29 % 30%
31
31%
32
33%
30
3 30 “ A u g 26
33% 35 '
4 3 * 44
Clev. Cin. Chic. A St. L ___ 21,477 25 Mar 12 4 7 % A u g 10
4 3 * 45
42* 43*
4 5 * 4 6 '"
2 1% J’ ne 41% Sep
4 1 * 43%
•
90
77% M ar 9 90% A lls 16
80% Sep
2,881 1 l% M a r 26 19% Jau 12
14% 15
14% 15%
14% 15
14% 15
14% 15%
•40
*40
•40
•40 ' 50
43
Do
pref.
*40
50
50
50
45 M ay 2 50% Feb 9 89 N ov 49% D eo
•109
•109
*169
*109
170 J ’n e 7 §174 A u g 8 161 A p r 108% Sep
5 % J ’n e 23
5% J ’ne 23
1 4 " j ’n e 23 1 8 " j ’n e 7
835
0
4 % J’ ly 30
6
*5%
0 Col. H o ck in g Val. A T o l . . .
8% F eb 10
6
0
l * A p r 18 Jar
5*
5*
«%
6%
•
25
25
17 Jan 7 25 Feb 9
1,373 103 J ’ ly 16 114% F eb 3
109 110
108% 110
1110
n o * 108% 103% §110% 110% T A elaw are A H u d s o n ........
09% A p r 123 8ep
•
1,550 1 4 4 % A p r 21 159 Feb 5 146%M ay 164 A u g
152% 150% 151
D e l . Lack. A W e s t e r n ...
151
151
151
151
151
151
400 10 A p r 20 1 4 * A u g 18
14% 1 4 * D enver A R io G ra n d e .......
9 * A p r 1 4% A u g
• 1 3 * 14% 514% 1 4 * •13% 14% 113% 1 3 *
54
5 3 * 54%
53% 54
55*
Do
pref. 12,758 40 A p r 21 5 5 % A u g 26
54
54
80 A p r 5 0% A u g
5 4 * 54%
Des
M
oin
es
A
Ft.
D
o
d
g
e
..
2,450
§19
18
18%
18
19
18
19
8 % A pr 21 20 J ’n e 10
7 A p r 14S*J'ly
18%
18*
1814
•SO
50% A uff
•80
8
18%
*7
333
8 * A u g 28
•7*
5 Apr 4
5 D ec 1 0 * A u g
7%
8*
844
•3*
8*
8% Dul. So. Shore A A t l.p r e f.
1,700 11 A p r 21 10% Feb 4
14 % 14!*
14% 1 4 *
14% 14%
14* 14*
1 1 * A p r 19 Sep
1 4 * 14%
38%
4,742 2 9 % A p r 22 4 3% Feb 11
38
38
3 7 * 38
33
38% 8 3 * D D o
1st pref.
27 A p r 40f^Sep
38* 38*
420 1 5 % A p r 22 21% F eb 11
19% 20
119
Do
2d p ref.
19
19% 19% *19% 2 0 *
15% M ay 2 5% A u g
20
200 22 M ay 9 20 M ay 11
•25% 26
*25% 26
20
Evansv. A Terre H au te ..
•2o % 26
• 2 5 * 26
20 J ’ne 34 Sep
*52% 53
*52% 55
•5244 55
Do
pr^f.
40 Jan 18 54 A u g 5 28 A u g 48 Sep
• 5 2 * 55
• 5 2 * 55
2 ,8 o o 10 M ar 12 15 A u g 22
14% A u g
13% 15
1 4 * 14%
14% 15
40
87%
40*
1 I)o
pref!
1,000
30 M ar 49 O ct
•22
24
106
23
2*
28 Mar 5
7 % J ’lv
*10W 16
15% 1 5 * •14% 15% • 1 4 * 16
*14% 15% Ft. W o rth A Rio G r a n d e ..
100 10 M ay 19 16% Jan 31
12 N ov 20% Sep
4,304 +122 J ’ ly 1 180 J ’ne 30 120 Jan 141 Sep
( '"i reat Northern, p r e f .. . .
135% 13694 1 3 6 % 1 3 8
138% 138% 138
13SH 137% 133
2 7% A p r
32% Feb 24
50 D eo
42* 42*
4 0 % J ’ ne 23 49 Jan 27
6% Jan 25
3% D ec
3%JMv 9
91% A p r U O M A o g
i i a * i i 3 w 1 1 1 % 1 1 2 % 1 1 1 % 1 1 2 % 111% 112% 1 1 2 * 11244 I llinols C entral.................. 11,013 9 0 ’ " A p r 21 113 % A u g 17
97 A u g
9 7 * 9 7 * •90
"90
100 §94 Feb 18 97 % A u g 23
88 Jan
•95 100
100
LOO 1- Do leased line, 4 p. c.
•95 100
10% i<>*
10
10
10
10
10% 10% 110
1.040
6 A pr 13% Sep
7% M ar 18 1 0 % A u g 22
1044 Iowa Central.........................
37
37
37%
37% 3 7 *
Do
pref.
095 25 A p r 28 8 7 % A u g 1 0 ; 23 J ’ ne 41% Sep
3 7 * 3744 137
37% •37
DMAug
4 J ’ ne
•5*
•5%
*5
0% l7 "a n a w h a A M ich ig a n ...
6 F eb 2
0% Feb 2;
6*
6*
•5*
6*
*5%
«*
17% Dec 29% Sep
17% 18
17* 18*
19
19
0.3U2 15 A p r 20 2 4 % Feb 10
19+1 IV a n . City Pitts. A G u lf ..
13 * 18*
i &h
4% A u g
100
2 Feb
•4
K eokuk A lies M oines.......
3 Jan 27
5% J ’ ne 11
•4%
3
5
•4
5
•4
5
4%
4%
*10
17
Do
p ref.
• 1 5 * 17
100 15 M ay 12 16%.1’ ue 14! 12 Mar 28% Jan
10% 10% *10% 17
*10% 17
•29
32
•29
*29
80
•29
32
34 Jan 3U 82 Feb 30% O ct
32
•29
32
2 Aug
•4
K ingston A P e m b ro k e ___
•4
9%
•4
9
•4
9
•4
9
2 M ay 19
4% Aug 101 1 Aug
9*
19
19%
0,O*o 12% M ar 14 23% A u g 22
13 May 22% Sep
20
23%
1 9 * 20
19
18% 20
19% f ake Erie A W estern ___
79
p ref.
58% A p r 7H *S ep
78% 82
78
77
77
75% 77% D D o
5,275 00 M ar 14 83 A u g 19
77% 79
181 Sep
•192%
170% Jan 4 198 A u g 4
•199*
•192*
60
5 8 * 59-*
101
99
1591* 101
5%
sh

60
•55
59% 00%
96% 99 *
100% 107
6
•5*

•
*108
109
29
*28%
29
•90
91
190*
61*
01% 01%
*0
*6
12% 12% 1 1 2 *
38*
36% 37
37
88*
38*
23% 28%
23*
•170 W
1181* H U *
14% 14%
•60
80
8 8 * 3 8 ).

108%
29*
9014
61*
12%
37
37*
28*
175

118*119*
15
•14
•00
80
37
37

•55
58* 59*
937% 90%
105% 108
*5%
0

58% 59%
97%
95
100
107%
•5%
6%

28
•90
01%
•0
112*
30%
30
28*

•27%
•90
•01
•0
•12
30%
30%
•28

16
55
38%
77%
34%
01%
76

12%
30%
37%
28%

118% 11*%
•14
15
*70
80
i87
37

i'9'5i i 195 y, •194
198
•194
10
1844
16% 10%
i«w
16
51%
37%
76%
•34
61
76

28
91
01%

18*
55
3714
70%

110%
54%
37%
70

16%
54%
38 %
77

*15%
54%
38%
70%

00%
70

01%
76*

00%
75%

01
75*

00
70

C on s ol 7s l o o o

32
84
101
104
212
220
3105
106
112
|l 10
Kxch 1 1st.
115
117
3104
105*
255
4118*
ISO
190
r*.r» 31 i o
111

12%
36%
30%
30

12%
86%
80%
29

•0

29
91
62

M inneapolis A St. L o u is ...
Do
1st p ref.
Do
2d pref.

400
25
300

12% Mo. Kansas A T e x a s .........
37
Do
pref.
3 7 * M issouri P a cific..................
29
M obile A O h io .....................

200
3,725
21,980
810

119
119% 1^1 Y. Central A H u dson ..
N. Y. Chicago A St. L ou is.
*13% 15
•70
78
Do
1st pref.
Do
2d p ref.
*84% 3 6 *

10%
54%
39%
77%

•15%
5144
40
77%
61
76%

00
70

• T h e se are bid and asked p r ic e s ; n o sales on th is day.

Ask.

*27%
•90
•00

24 Mar
84 M ay
40 Mar
0% M ar
10 A p r
28% Mar
22 Mar
24% Apr
§107% Jan

11
14
20
11
13
12
12
19
4

17,970 105 Mar
150 ll% M a r
73 Feb
300 28 M ar

20
14
19
25

N. Y. New H aven A Hart.
197
197
§193% 183% •194
1 6 * 16% N. Y. O ntario A W e s te r n ..
10% ^ 1 8 * 1 8 *

15%
54%
30%
75*

Bid.

28%
91
02

1 1 8 * 119%
•14
15
•70
78
34% 34%

O U TSIDE S E C U R IT IE S (G iven
S tre e t R a llw a r * .
N E W YOKE CITY.
B leeck 8 t A Ful F—S to c k .
1st m art 7s 1 9 0 0 ... JAJ
B ’ way A 7th A v e —Stock
1st rnort 5s 1 9 0 4 ...JA D
* d m ort 5s 1914___ .TAJ
Con 5s 194 3—See Stock
B ’ way S u rf 1st 5s gu . 1924
2d Bsi n as rental. 1905
C entral C rosstow n—Stock
1st M 6s 1 9 2 2 ........MAM
C «n Pk N A E R l v — Stock

.........
58
00% L ou isville A N a s h v ille .... 7 5,563 44 A p r 21 60% Jau 31
59
97
98% \ Tanhattan B lev.,cousol. 139,54 9 91 M ar 20 120% Jan 14
106% 167% •R -e tro p o lita n S tre e t....... 25.421 125%.Mar 20 171% F eb 14
6%.Ian 8
300
4%,1’ ne 15
6%
0% M exican Central....... ..........

007
10% N orfolk A W estern .............
5444
Do
pref.
8,050
41% Nor. Pac. R y., v o t. tr. ctfs . 22 7,580
78%
Do
p ref. 80,184
61
\ J t. R R .A N .C o.vot.tr.cfs.
D o pref., vot. tr. c t fs .
70%

§ L ess th a n 100 shares.

at foot of

S tr e e t I la llw a T s .
C b rist’ p 'r A i'Jtn St-otoeK
1st m o rt 1 8 9 8 ........AAO
Col A 9th A v e 5s-See Stock
D D E B A B att’ y—S t o c k ..
1st gold 5s 1 9 3 2 ...JA D
Scrip 5s 1 9 1 5 ........ F A A
E ighth A v en u e—S t o c k ...
Scrip 6s 1 9 1 4 ......... .
42d A Gr St F e r - S t o c k . . .
42d St Man A St N A v e . .
1st m ort 6s 1 9 1 0 ..MAS
2d Incom e 6s 1 9 1 5 .JAT
L e x A v A Pax F 5*-Se«Stk

101 §178% Jan 7
4,930 1 3 % A pr 25
ll% A p r
42% Mar
19 Feb
50% M ar
7 Mar
3,150 35% Jan
1.197J 05% M ar

21
12
24
12
5
7
29

55 Jan
40% A p r 63% Sep
81% M ay 113 Sep
99% O ct 183 % D eo
9% J’ ly
0 Aug
2% A u g
lll^ S e p
114% Feb 8
16 May 31% 3ep
30% F eb 15
77% M ar 90 Sep
9 L J ’ ne 27
40 Feb 0 2 % Sep
03 J ’ ne 8
6 D eo
0 D ec
7 Mar 11
10 A p r 16% 9ep
14% Jan 20
24% A p r
41 Jan 28
10 May 4 0 * S e p
38% A u g 11
18 J ’ ne 82 Aug
8 2 * Feb 7
§175 Jan 14 102 % J ’ne 173% D ed
85 Sep
70 Jan
92% Feb 115% Sep
1 20 % A u g 8
15% Jau 311 11 Feb 1 7 * 8 e p
67% A p r 8 1 * 8 e p
70 Jan 31
24 Feb 43% Sop
40% Jan 29
§350 J ’ ly 19 295 Feb
§ l2 3 % F e b l 0 1 119 Jan 122 Mar
1190% A u 18! 100 Feb 185% Sep
12% A pr 2 0 % 8 ep
18% Feb 2
17 Feb
56*F eb
4 l* A u g
7 8 * Aug
7 Mar
61% Aug
70% A ug

7
7
26
20
5!
22'
201

9 Apr
22*M ay
11 Apr
32% Jan
5% N or
10 A pr
87% Jan

17*S ep

8%DeO
4 \ Hep

t E x d ividen d and rights.

7 consecutive pages).— STREET RAILWAYS, &c.

ARk.
Bid
100
150
100% 1 0 3 *
E x eft i 1st.
195
170
118
3 110
102
101
820
108
800
340
59
ii6
113
95
90
E r c h 1 1st.

S tre e t R a llw a r s .
M e trop olitan —
atooa
Ninth A viiuue—S t o c k .. . .
Second A v e n u e —S t o c k ...
1st m ort 5a 1 9 0 9 .. M&N
D ebenture 5s 1909.J& J
C onsol. 5s. 1948 . .F& A
Sixth A v e n u e —Stock........
So Fer 1st 5a 1 9 1 9 ..A&O
T h ird A v e n u e —H*.t Stock
1st m ort 5s 1 9 3 7 ...JAJ
28th & 29th Sts 1 s t5 s ..’ 96
Tw enty-T htrd 8 t—S tock .
Deb 5 b 1 9 0 6 .............. TAJ

Bid. Ask.
E x ch 1 ist.
180
170
181
178
109
3107
108
3105
115*
115
225
200
3113% 114
E xch . list.
125
124
112
3 110
330
103
.........

Bid.
S tre e t R,a11»vn
175
U nion R ailw ay—otuoa
3113
1st 5s 1 9 4 2 ..............FA A
W e stch e st 1st 5s ’ 4 3 .. J AJ 3109
BROOKLYN .
A tlan. A v e ., B ’ klya—
1st 5s 1 9 0 9 ..............AAO 3107
C on 5s g 1 9 3 1 ........ AAO 3108
95
Im pt 5s g 1 9 3 4 ....... JA-T
90
B. B. A W .K . 5s 1933. A<«U
B rook lyn City—S t o c k .. .. 214
C onsol Set 1 9 4 1 ........ JAJ 114
R k lyn C rosstn 5sl9 08. JAJ 105

A sk .
200
114*
•••••-

215
117

410

T flL

C H Il C N IC L E . —STOCK PRICES (2 pages) Page 2.

8 T 0 0 K 8 -H 1 0 H E 8 T A N D L O W E S T S A L E
Aug

20.

38*4
47
6(1
nw
•i
*4%
< 5H
65
*173
0%
45%
•185
la\i
•W%
•12J
m
60
13 3
08
sth
0
ISH
*35
•90
165
22%
SOS,
ISM
* ..........
•20
22
28 %
05
m
8M
93M
1H
12

pq
o
g
s
>
<

1‘ E I O H S .

M o n d a y , [ T u esd a y, 1W ed n esd a y T h u r sd a y ,
A u g . 2 2 | a n y . *23. 1 A u g . 2 4 ,
A u g. 25.

1106
S5M
83)6
*25
•134
83W
84
13«
*38)6
86%
*80*
110)6
•114%
S7M
140
1138
99%
S%
5127U
*11)6

I
STOCKS.
F rid a y ,
A u g 28. | N . Y. ST O C K E X O H .

R a n g e f o r y e a r 1 8 9 8 . j R an ge, fa r p r e ­
S a le s
o f th e O n b a s i s o f t o o -s h 'r c lo ts v io u s y e a r (1 8 9 7 ) .
K eek .
H ig h e s t. 1 L o w e s t. H ig h es t.
S h aves
L o w e s t.

•38
35 ! 34
34
•33
35 1 3154 85 [Oregon Short L in e .............
9 sol 19% Jan 8 a s ^ A t iii l o j
45
44
45
45% 4 5%
44
45
40U
2.459
47% A u e 19
80
80 j 135% SO
185
*84
85 1
00
no 1
166% 06% 1 025* 68%
2.143
D o 2d p r e f..................
0 7% A u g 22
0154 05
119 119% 118% 119% i l l 8 % 119 % 119% 110% P en n sylva n ia.............. .........
3,577! 110% Mar 12 120%K ob 7
194
2% M ay 23
1% P oo. D ocu lu r A K v a n e v ...
800
15*' M W
1%
»5*
% Jan 7
15*
194
136
0
•4
0
*4%
6
*4%
0%
45%
44% 45
4<5%l 45% 46 | 45
434i 4414
I'lttsb. Cin. Chic. & St. I , . .
8,012 3 8% Jan 5 .VVjSU j- a
*01
65 1 05
*01
65 [ 05
65
05
66
7001 S7 Mar 28 71 F eb 7
Do
p re f.i
*172
*172
►ITS
►172
Pitts, Ft, W . A Ch., g u a r ..
5O|U0S Fob 25 172% J ’ ly 13
$
7 1
7
7 | *7
8
8%i Pit tab. & W e s t,, p r o f.........
1,050
5 % J ’ n e 11
SN-Unt z b
«94
30
19% 1054
19
18i% 19%
7,010 15% M or 25 23$tiJiin G
19% 19%
19%
ending, vo tin g tr. c t f s . .
46 | 45
45%
45% -Lv i st prof., vot. Ir. etfs
17,095 30 M ar 12 54% F eb 3
4354J 45
1194 45
8 3%
21 Si 2'>4
i-JM 2254! ♦22
3,000 18 % Mar 20 29 Jan 6
2454
S « « 22 Hi 2d prof., vo tin g tr. c t fs ..
87% * 185
87% *185
b .M •185
S7% i*185
8754 ftonaaelaer & Saratoga—
182 Jan 28 SlS5%J*ly 27
2914
*31
32 1 32
33
80
32 I *31
33
820 22 M ay 11 32 A u g 28
Itio G rande A W e s t e r n .. ..
OS : 167% 08%
09
03
09
08
08% 00
1,858 50% M ar 15 09 A u g 25
Go
p ro f.
•123
►123
100 IU 0 % M a r2 0 §128 Jun 4
Rom e W atertow n A U gd ..
*13354 18554 *123% 125
7
7
•7%
1,420
5% M ar 7
8% Feb 11
7%
754
754
7% i^ t. J, & G. Isl., vot. tr. cla .
7*
?%1
60
00
00
*00
6i
01% *00
01
1,208 4 5 F ob 24 63 J 'n e 11
62
Do
1st pref.
23
385 1 3 % A p r 25 2 3% J ’ ne 11
3154 21%
3094 2194 11894 1894 *20
Do
2 d prof.
2154
sm *
851
9 A u g 25
8%
9 S t L. A S. Fr., v o t tr. c t f s .
5,7 1 5
0 Mur 20
9
sS
8 >4
W
894
075/ 0754
08*4 50854 0354
0754 07%
1.195 52% M ar 12 0 8 % A u g 22
Do
1st pref.
0794 68
SiH l
84
0454
7,542 22% Feb 24 8 4 % A u g 24
SIM 3194
Do
2d pref.
34% 8154
3194 84%
«
*6
ISO
3 % Jan 24
6 % A u g 10
0 St. L ou is S o u th w e s te rn ...
054
•556
054
•»94
'554
13% ISM
la v , 1394
12% t s
0,115
?5hM ar 12 14% A u g 18
Do
p re f.
»sk
1894 13M
27
25
25
25
2-1% 24%
300 18%,J‘lv 0
25
*
92
*90
♦90
92 “
92
92
78 “ A p r 20 90 A u g 3
165
•100
108
108
170
*170
172
171
580 128K Jan 12 171 Aug 26
22
22
2,000 12 A p r 13 2394A u g 26
22% 22%
22% 22%
2254 2B9( Southern P a cliic C o . . . . . . .
9,922
9M 10
7 A p r 21 10 A u g 23
996 Southern, vo tin g tr. c t f s . .
9%
VH
m
994
954
854
35% 36
3554 30
35H
8596 305,
D o pref., v o t. tr. c t fs . 39,451 23% M ar 20 3 0 % A u g 20
3554 3554
10
15% 16
1054 HPexas A P a cific................. 41,795
8% M ar 12 1 0 % A u g 24
1554
1S94 1094
10% 1656
l7S
. . . . . . 155 A p r 21 194%'Fob 1ft
*172
*170
*170
L75 *170
[75
175
L bird A v e n u e (N . Y .) —
♦
*
*......... 20
20
20
112 U S A u g 20 §15 F e b 10
20
15
112
T o le d o A O h io Central —
40
40
35
27
•20
85
127
210
35
20
1,300 16% Jan 12 2 5 Aug' 20
25
*24
24
25
26
Tw in City R apid T r a n s it ..
2554 2594
29
2-S
28%
28% 29%
201s 3234
77,597
29
30
0 5%
04% 05%
64% 05%
055*1 0 5 ^ 87%
155,026
05
5
4M
e t i IJn, Pac. D en. & Q ., tr. rec. 13,860
S K A u s 8 10% F eb 18
596
494
494
194
694
154
y
1,535
5894
856
9 A u g 23
9754
B h M a r 25
831
854
796
MM XXT a b a s h .................. ..........
jm
22
■2LM 3154
Do
p re f. 11,209 14% M ar 7 22% A u g 18
2196 2191 "
815* 2154
2154 213,
9354
93M 96
00
8,100 8 7 % A p r 25 10 2% Jan 8
9754
0054 8/54
95H 959, W est Chicago S tre e t.........
2
1W
3,395
3% Jan 11
94J’ ly 22
194
W heel. & L . E .t S 2 a ss’t p d .
l?4
194
194
194
194
12
12
1254 1254
1,370
12% 1 2% •1154 1354
8 J ’ ly 9 16 Jan 12
Do
pref. $3 do
1254
8% Jan 17
s '*
6 J ’ ly 12
5 F eb 5
m i s c e l l a n ’ s S t o c k ;# .
•100
LOS •106
♦106
*106
135
§180 F eb 10
8954
8S96 3 9 « ix .m e r lca n C o tto n O il.. . . 5 4 ,816 15% M ar 25 3 9 % A u g 20
3854 8254
3754 3954
3754 8954
905*
0,398 66 51ar 14 9 0 9 iA u g 22
8854 WU54 89
39)4
8894 8954
Do
p re f.
8954 8954
40
40
*25
*25
40
40
40
*25
♦25
A m erican D istrict T e l —
22 M ay 13 2 4% J’ ne 30
137
*134
......... §116 J a n
*184
137
137
*132
*183
137
137
5 140 J ’ly 20
A m erican E x p re ss...............
34% 3494
85
83% 84%
34 % 84%
4,712
34
85
8 4 * 8 5 ' ~ 839< 84%
4,639
84
85 ’
Am erican Spirits M fg ........ 17i 089
6% Jan 20 1 5% J’ n e 9
1354 14%
ISM 1354
1194 1556
1 1 5 I 15
im
39
4154
40
41
3794 3991
Do
pref. 15,488 16 M ar 20 4 1% A u g 25
3754 S3
111(
37
37%
37
37
37
4,258
4 3 % J ’ lv 9
35
*
91
•90
91
9014 y o u
1,725
92%.T’ iv 9
141J6 ISAM 14194 140% 141*4 141
11391 14456 11696 A m erican Sugar R efining. 212,534 107 % M ar 26 140% A u g 20
115
1,096 103 M ar 25 116 Jan 6
115
115% 115% 115% 11554 11554 115
Do
p r e f.
l l =M
3354
98
300 §88 M ar 29 9 7 % Aug 24
9 7 « *96
98% *90
Am erican T el eg. A C a b le ..
9 794 9794 *96
A m erican T o b a o c o ............ 54,742 8 3% J a n 24 147 A u g 20
14154 1 3 8 % 1 4 0 % 1 3 9 % 1 4 0 % 1 40 % 144% 143% 147
133
135
135
135
*133
1341d 135
13 d % 135%
801 112% Mar 11 185% A u g 20
Do
p ref.
99%
99% 99%
99% 99%
99%
83
1,740
I3J4
2% M ar 21
5 % Jan 2 !
SB
894
3%
396
354
396 T ) a y State G a s ....................
354
354
127% 1 2 5 % 1 2 5 % *124
415 106 M ar 26 128% A u g 12
126
1124% 124% 12456 12456 JLJrooklyn U nion G a s ........
12%
500
1094 1 0 «
1254
1154 1194
aSM!
•17%
86 1
07J4J

SSM

2454

2554

2154

25

8154

2454

24

24M C olorado F u el A Ir o n .........

7
•0
•5
094
*6%
0%
6%
054
m
185
194
189
180
184% 188% 187% 191
18054 185
41
42
43
42
43% 45
4394 45
4554 40
93
9254
8254 8254 *90
• J X 9154 59254 9254 *00
•4 0
*40
§41
41
61
60M 01
*61
02
0154 •BO54 62
•0054 01
•
* ......... 00
*
60
00
*
*182% 184% §13354 13494 1 8 2 % 1 3 2 % $133% 133% *130 135
40M

[You LXYU.

41%

41

41

4194

6854 7054
6 8 « 72
60
56
91
93
91% 02
53
BS%
53 " 54
97
*95
*94
9ft
*47
52
52
*45
92
87M 9954
9194
83% 34
83%
*97 " 98%
37)6 3854
3854 3994
5114
114% I U 4 % 114 %
8
«54
0)6
*054
*7
s
♦7
8
*73
77
♦73
83
*27
28
*25
29
da
•as
98% 100
96
100
7
7
7%
*4
0
*4
35
8536
3494 35
•330
*330
99 % 102% 100% 104%
189% 189% 189
190
'154
•194
7
*5 H
7
59% 59%
0%
054
054
694
3 04 34V
3494 3151

1154

1094

41

41

41

Col. A H ock . Coal A I r o n . .
C onsolidated Gas (N.
C onsolidated I c e ..................
Do
p re f.
D etroit G a s ................. ..........
J-Jdison E lect, 111. (N . Y . ) .
G enera E le c tr ic .........

69'
70
7054 I llinois Steel ......................
6954
7054
IUW
93 4
03
5354 5S94 §52% 52% T aclede Gas (St. L o u is ) .
5354
90
*04
97
96
*94
l j Do
pref.
52
52
*45
52
*45
aTylamd Coal, p r e f. —
95
9
i
llX in iig s o ta i r o n ................
92%
95
»*M
3354
3254
9 7 ?*
N ational L e a d ..................
38% 83X6
3854 39
3854 39
1 I d 5112% 212% § 112% 11 1
1115
Do
p r e f.
N
ational Idn seed O il.........
7
7
054
094
654
a
*7
8
N ational S ta rch ....................
s
S
*73
KB
83
♦73
*73
83
Do
1st p ref.
*20
80
*20
*20
20
Do
2d p ref.
30
6854
63
92
53
96
*45
92
32%

4,220

17

M ar 12

000
4 % J ’ly
14,332 107 M ar
7,1 1 8 27% M ar
210 8 3 % A p r
40 M ay
799 45 A p r
244 119

Apr

7 % Jan
25
26 2 0 5 % J ’ne
25 46 A u g
28 9 2 % A u g
17 §45 F e b
20 6 3% J’ ly

29% M ar 12

15,009
25,704
7J45
3,587
105

4 4 % A p r 25

12,239
409
1,000
500
......

S S H A ug

i 03% Jan 119 Sep*
%J ’ no
S jiA u g
ll% M a r S9% D eo
4 4% J ’ne 70)JO ot
150 May r ;A % A u fi
4M A u « 12 Sep
10% A pr 29% 8ep
38% A pr 57% Sop
2 2% Apr S556Sei)
175 O ct 185 Jan
1 4% J ’ne 2 5% Sep
25 May 6 l% D e o
110 Mar 122% Dec
3 % J ’ue
94^Sep
37% J ’ ne 54% D oc
I0 % J ’ ly 20% 8ep
4 Apr
9 Aug
37 Jan
5 9% Deo
12 A p r 27% D ec
1 Apr
7 Aug
3% A p r 1 4 « 8 e p
72% J ’ lv
87% O ct
114 "Jan 125 A u g
28% Sep
13% Jan
7 A p r l2 % S ep
22J6 A p r 38% Sop
8 A p r 15 Aug
146 May 173 D ec
20% O ct
20 Sep
9% D ec

1 4 % D ec

i A p r ll% S e p
95|Sep
4% M ar
l l % A p r 24% Sep
100 % N ov 112 A u g
0% Jan
% J ’ne
2% A pr 29 Jan
6

Sep

8 “ Sep

9% M ay
5 2% Feb
21% Dee
10 9% Jan

105 O ct
2056Sap
80% Sep
27 J ’ly
119 % N ov

6% N ov
15 D e c

1556Aug
30 A u g

10 9% Mar 150% Sep
100% Jan 1 2 l% S e p
94 J ’ ne
85% Jan
67% F eb i)856Aog
100 Fob 115 A u g
16% A ug
3 % O ct
85 Jan 137 Sep
% J ’ lr
15% J’ ne

87H 8op

751 Aug
13
3 % J’ ne
9 130% Jan. » 4 l% S e p
26
28 N o v A iK J ’ iy
80 J ’ n e 9 0 % J ’ ly
25
14
35 F eb 37% M ay
5
20 Jan. 60 N ov

42

Jan 20 i o i% J a n . i3 2 % S ep
97 Feb
A u g 17
28% M ay A ljiS e p

72

A u g 22

2 9% A p r

50

93 A u g 22
54J6.iug 9
96 % A u g 8
§ 58 J ’n e 10
9 9 % A u g 22

22 M ay
70% M ar
40 J ’ ly
88 A p r

4 9% A u g
90 A u g
52 Dea
60 A u g

8 135

5,084

38,470
2.225

2 0% Jan 11

17M J'ly

3 7 % Mar
85 M ar
45 M ar
57 Ja n
3 03*5A u g

25
12
2fc
20
1

2 0 % M ar
99 A p r
4 J ’ly
5 Apr
60 M ar
15 .T’ n e

20 39$gAug 28
22 113% A u g 16
28 21J6May 23
25
9 F eb 10
25 80 J a n 18
21 30 Jan 27

Aug

44 Sep
21% F eb
8 8% Feb lOSMSep
10 M ay ZSH A ug
3 M ay 13 A u g
51% M ar 90 Sep
8% Apr 45 A u g

97
N. Y. A ir B rak e...................
7,897 14 A p r 5 100 A n g 18
22 D ec 8 i a A u g
05
00
90
88
93
BK Aug
4% Jan 15
3-MApr
7
7
.North A m erican C o ............ 1 0 , 1 0 ;
7 H Aug 23
7
7
7%
6%
10% Jan
*4
7 ,915 21 A p r 21 333* A u g 22
24 ” Jan. 39% Sep
34% 8496
3156 8454 YJaciflc M ail. . . . . . . . . . . . . .
3454 35
§325 Mar 23 §350 F eb 25 330 D e c 340 Mar
•330
*330
A eunsylvanla C o a l...........
•330
91 N ov 97% D eo
103% 105% IQ5 106
104% 107% P e o p le ’ s Gas*L. A C. (C hic.) 158,055 8 0 % Mar 20 107% A u g 20
1,466 105 M ar 12 216 J ’ly 5 152 Jan. 185 Sep
Pullm an’s P alace C ar........
188
189
187
187
187
188
lH A u g
20U
l » i A u g 1C
l % J ’ne
2
2
/N u lc k s llv e r M in in g ..,.,.
2% Jan 7
*194
*1H
7
100
5 J ’n e 2
7 A u g 22
8 A p r 18 A u g
Do
pref.
•394
7
*0
*0
7
10,000
5 9 % A u g 23
5 1% A u g «5M Jau
*59% 00%
2$|Dec 1 19lJao
3% Jan 3 10% A u g 20
754
m
8% 10% O ta n d a rd R op e A T w lu e. 22,297
094
7%
32
17 May 35% 8eu
rp e n n . Coal Iro n A R R . . . 35,17 1 17 Mar 12 34% A u g 22
32
32% 33
SOM
32%
s o J 'lr
10 §30 A u g 17 ISO A u g 18
580
80
9 Aug
■ ::::::
10* 38 A p r 14 $45 F e b 9
S41
44
H2
87 F eb 48 J ’ ly
42
•41
44
I Tnited States E x press ..
44
143% 43% 544
0%Mav 1011AUS
7,414
KM
nited States L ea th er ..
5 % A pr 25
8% M ay 24
7%
7%
7%
7%
794
854
7%
8M
7%
73 Sop
50 A p r
72% 73
72% 73
Do
pref. 3 4,728 5 3 % Mar 20 74% A u g 22
72% 7 4 54 7294 73%
73)6 7454
10 J ’ ne 25 % Jan
40% 47?*
44% 40%
4 5% 4 5%
45% 40.% U nited States R u b b e r........ 1 5 ,4 8 ! 14% Mar 12 1816 A u g 17
45% 45M
3,3 77 00 M ar 12 109% A u g 17
50 J ’ly 7614Jan
105M 10654 1 0 4 % 1 0 0 % 1 0 5 % 1 0 5 % 104% 105
105
1 05%
Do
pref.
97 Jj^n 20 D eo
71 1112% Mav ; 124 J ’ n e 2 .
122
*118
122
•118
A Shells, Fargo A C o .........
♦118 12 2 ,1120
121
•120
125
90% 3op
7 5 « * ,y
95M 95%
8494 »SJ4( 0494 9154
9194 91J4
9454 9 3M V T estern Union T e le g ’ h, 17,990 8 2% ADir 2ft 9 8 % (lu g 17
* T h e se are bid and asked prices \ n o sales on th is day*
5 L ess than 100 shares.
t E x divid en d o f 100 per cent In b on d s.
i L o w e s t is o x d ividen d.

ft

O U T S ID E S E C U R IT IE S (G ive*
S tre e t R n llw a y i.
B 'k ly n E lev, all asa’ts pd.
B kinH iftalR t 5s 19 4 1 A & 0
BQnaCo.& S.—1st 5s. 1941
B k lyn B a p.T ran .—See Sfco
CaLCem G r.& B ’k y n ls t 0 b
Co n e y Island A B rooklyn .
1st 5 b 1 9 0 4 ...............J&J
5* oertfa in d b tl9 1 0 .J & J
B ’ k C .& N ew 5s ’ 39.J& J
O r.St.& N ew ls t 5 s ’ 06A A O
® ’ p’ t A Loriraer St. 1st 6h,
K in gs Co. E le r a t.—Stock
B on d s—See Stock E x ch .

Bid
27%
104
noo
ck Ex.
110
190
108%
101
$112
104
110
4
L ist.

Ask.
28%
106
110
L ist
1 04 *’
103
100
6

consecutive pages ) .— S1RBET

at foot of

Btd.
S tre e t R a ilw a y s .
Nassau E le c 5» 1944. a & o 105
Ne w W m b ’g&FI ls te x .4 % 8 101
N Y& Q ub Co 5s 194ft. A & 0
S te ln w a y ls td s l 922.J Ail §114%
O T H E R C IT IE S.
Bal t C on sol—Stock —See
B ridgep T r - la t 5s '2 8 .J&J
Buffalo Street R y—S tock.
1st co n so l 5a 193 1. F& A
Crosstow n 5s 1932M & N
C h icago City R R —S tock..
Cltimens1 8t (In d ’ nap)-See

B a lt L
§100
79
§113
§110%
275
P h ila

A sk.
307%
103
110
1st
105
81
115
111%
list.

Bid.
S t r e e t R n iiv v n v H
62%
Cleveland C«ty R y .........
Clovel C a b -1st 5s ’ 09 . J&J §100
00
Cleveland E lectric R y ----Con 5s 1 9 1 3 ........... M&S §103
50
Col u tabu a (O h io )—S tock.
Con 5s 11)32............. J&J 101
Crosst 'vrn-18t5s’ 33J &D 100
Consol T r a c t’n (N J ) —See P hila
12%
Lake St (C b lc lE le r -S to c k
70
1st 5s 1 9 2 8 ............... J&J
L ou lav St R y—5 p obon d a §113
35
C o m m o n ..... . . . . . . . . . . .
98
P referred
..........

Ask.
63
102
01
106
51
102
101%
list.
13%
89
100

RAILWAYS, &o

S tr e e t R a ilw a y # .
L o v e E le ct T ra c (C h ic ''...
L y n n & B o s -ls t 5 a ’ 21.J& D
M etrop W e s t Side (C h ic ).
1st 5s 1 9 4 2 ............. F&A
M lnneap S tR y -5 a '1 9 .J&J
N ew O rleans T r —C o n i,...
P r e fe r r e d ..........................
N otes 08 1904 ....M & N
N orth C h icago—S t o c k .. . .
1st 5s 1900-10......... J&J
N o Sh ore T r (B o s t)-C o m .
P r e fe r r e d .................... .
§ B u ye r pay« accru ed

Bid.

A sk .

{1 0 4 )6 105
3
55
§ 53
.»«
2
‘ ' *i *'
8
5
75
-1 5
218
105
§104
13
11
80
79
inter# ft.

A ugust

THE

27, 1898.]

BONDS.

i ??'

N .Y .3 T O C K E X C H A N G E i t
W e e k E n d in g A u g . 2 6 . ' * 5 5

P rice
F r id a y f
A ug. -6 .

C H R O N IC L E .—BOND PRICES (5 pages)
W e e k 's
R ange or
L a s t S a le.

©=

R ange
fr o m
J a n . 1.

atage

P rice
F rid a y ,
A u g 26.

BONDS.
|n . y . s t o c k e x c h a n g e
W e e k E n d in g A u g . 26 .

L

41L

W e ek 's
R ange or
L a s t S a le.

R ange
fro m
J a n . 1.

B id .
A s k . L o w . H ig h . N o . L o w . H ig h
B id .
A s k . L o w . H ig h . aY o . L o w . H i g h (
Ches & O hio— (C o n .)—
kron A Ch ic Jn c. SeeB&O.
8 9% Sale
8 9%
90
G en g o ld 4 % s ................. 1992 3 1 - S
78% 90
labam a Cent. See Sou Ry.
92%
93)$
R e g iste re d ....................1992 3 1 - S
93% Sale
l
93%
Alabam a Mid 1st gu g . . . 1928 jM -N
105 A u g ’ 9S
R & A D i v 1st c o n g 43.1989 J - .1 '1 05% 106
A lban y A Susq. See D A H . |
........
90 A u g'9 S
2d co n g 4 s ................. 1989 J - J : 91
A llegh en y Val. See P en n Co.
Craig V a lley 1st g 5 s .. 1940 J - . J
95% M ay’ 98
A m D ock & I. See Cen o f N J J
9#X
25: 81
89
89
89 Sale
89 I W arm Spr Val l s t g 08.1941 3 1 - S
A n n A rb o r 1st g 4 s .........1995 Q -J t
466! 85
Eliz L e x A B S gu g 58.1902 3E -S 1 0 3 % 1 0 5
95)$
99
95)4 Sale
96%
103% J ’l y ’ 98
97% 104
A tch T A S F e gen g 4s .19 9 5 A - O
.........
112
89
%
M
a
r’
98
3E-N
8
9
*
Chic
A
A
lton
sink
f
d
6s.
1903
113%
A
p
r.’
98
89%|
112%
113%
R e g is te r e d .................. 1995 A - O
72)4
73)4
535* 7 3 %:
L ou . A M o R iv 1st 7 s ..1900 F - A • 1 0 5 % ......... 108 J ’n e ’ 9S
72)$ Sale
107 1 1 1 "
A d ju stm en t g 4 s ......... 1995 N ovt
108% 107 J ’ly ’ 9S
2d 7 s . .............................1900 M -N ‘ 108
107
107
R e g is te re d ...................1995 N ovt
M iss R iv B 1st s f g 0 s ..l 9 1 2 A - O 104 .........
E quip tr aer A g 5 s . . . . 1902 J - J
C hic Burl A N or. See C B A Q.
C hic & St L ou is 1st 6s. 1915 - 'l l - 8
115
......... 115%
115%
Chic Burl A Q—Con 7 s ..1903 J - J
113% 118%
A tl A y B k lyu Imp g 5 s . . 1934 J - J
Sinking fu n d 5 s . . . . . . . . 1901 A - O 104% 105% 104%
99)4 A u g ’ 98
97)$ 99
105
95
99%,
103% 107
A tlan A Danv 1st g 5s. .1950 .J - J
Sale 100 % 110
D eben tu re 5 s ..................1913 3I-N 110
104% 110
A tla n ta & Char. See Sou Ry. I
121 %
C on vertible 5 s ................1903 M - S 121% Sale 119%
104% 121%
A u stin A N W . See So. P a c. i
111
Io w a D iv sink f d 5 s . . .1919 A - O
111
111
1 0 9 % 111
D a t C r e e k A S . See M ich Cen
114)$ A u g ’ 9S
100 118%
102
4 s ....................................1919 A - O 102 Sale 102
98 104
JD alt A O 1st 6s Pkbg B r .’ 19 A - 0 113% 115
114
101 % 10 1 %
113% 114 | D en y D iv 4 s ................... 1922 F - A
O'7 101%
T ru st Co. c tfs . o f d e p ......... ........... •113 115)6 113%
113 113)6 118)6 A u g ’ 98
4 s ...................................... 1921 M - S ......... 102% 100
80
118%
G o ld 5 s ......... ....1 8 8 5 -1 9 2 5 F - A
A u g ’ 98
99 100
C hic A Iow a D iv 5 s . . . . 1905 F - A ......... 106%
C ou pons off...........................j
••
111)4 A u g ’ 98
N ebraska E x ten 4 s . . ..1 9 2 7 3I-N 101 % Sale
R eg istered ....... 1885-1925 JF - A
95
■
101%
95% 101%
11351
l i3 ) $
90
R e g iste re d ................... 1927 3 I-N
? M ay’ 98
113%,
97
97%
Speyer A Co. c e r tf o f d e p :........ 113)$ Sale 113
H an. A St. Jos c o n 6s..1911 3 1 - S ♦122% 123
J
123
119 123
T ru st Co c tfs o f d eposit., j. . . . •
Chic Bur A N or 1st 5s. 1926 A - 0
110% A u g ’ 98
117)$ A u g ’ 98
97
117%
105 110%
Consol g old 5 s ............... 1 9 8 8 1F- A
116
116
103
116 %; C h icA E 111—1st sf cur 63.1907, J D 115 117% 114% J ’ l y ’ 98
R e g is tered ...................1988: F - A
114% 110%
116)$ A u g 198
97
110 %
S m a ll................................190?!
J I)
..........
.......................
J P M A C o c t fs o f d e p ... I........ T 17
100 A u g ’ 98
Ba 11 B ’ !t 1at g 5s in t gu. 1990 M - >' ■ 93
132
84
101
l 8 t c o n g 0 s .....................1934 A - O 132 Sale 132
122 132
108
108 A u g ’ 98
G eneral c o n 1st 5 s . . . . 1937 M -N
W V a A P 1st g 5s....... 1990 A - 0
1 0 1 % 108 k
R e g is t e r e d ................. 1937 M -N
108% J ’n e ’ 98
101 100 k
M on on R ir 1st gu g 5s. 1919 F - A
99 104%
C b ic A I n d C R y 1st 5 s . 1936 J - J 102% .
103 A u g ’ 98
100% 109
Can O hio R l s t c g 4 )$ s l9 3 0 M - 5* 105 ..........' 104)$ A u g ’ 98
C o lA C ln M Is t e x t4 )$ 3 i9 3 9 J - J
C hicago A E rie. Sec Erie.
105 A u g 198
105 105
A k A C J ls t i n t g u g o s .1 9 3 0 M -N
Chio In d A L o u isv ille —
L ou isv N A A Ch l s t 6 s ..’ 10 J - J *112
105 A u g ’ 98
115% J ’n e ’ 98
100 105
112 115%
C oupons o ff.......................... ........... 102)$ .
11
107)4 J ’ l y ’ 98
92
92
Chic Ind A L r e f g 5s. .1947 J - J
80
82
105% 107%
P itts A Con 1st g 4 s . . .1946 J - J
107
102
102
R e fu n d in g g 0 s ..............1947 J - J
107
90 107
B 4 0 9 W ls t g u g 4 )$ 3 .1 9 9 0 J - J 101)$ 103
98% 103
60 J*ne'97
Chic M ilw aukee A St P a u l—
BA O SW Ry co n g 4)$s 1993 J - J * 75
78
27)$ J’ n e ’ 98
1st 7s $ gold R D ......... 1902 J - J
147
Aug’9?
140 147
lBt in c g 5s ser A . . ..2 0 4 3 ,N o v i * 29 . . . .
27
27%
9 J ’ n e ’ 98
1st 7s & g o ld R D . .. .1 9 0 2 J - J
Series B ....................... 204 3 D ectT
6
10
8
9%
B A O S W T e r C o g u g 5 s . ’ 42 M -N
................
1 st Io w a A D 7s............ 1899 J - J *154
145 J ’l y ’ 98
137% 145
I s t C A M 7 s .................. 1003 J - J *153
140 144
105
105
104% 105%
141 A p r.’ 98
O hio A M iss l s t c o n 4 s .l9 4 7 J - J 10494 106
. 150% 155%
122)$ J ’ly '9 8
Chic M il A St P c o n 7 s . 1005 J - J
150
120% 122%
138 156
2d con sol 7s................1911 A - 0
107)$ 107)$
l s t l A D E xten 7 s . . . . 1908 J - J ♦154
148 A u g ’ 98
139% 148
102% 108
1st Spr’ gO eldD iv 7a. 1905 M -N 106
117 A u g ’ 98
1st S outhw est D iv 0s. 1909 J - J ♦117
1st general 5s............ 1932 J - D
116 119%
110 M ar ’ 9M
110 110
1st L a Crosse & D 5 s .. 1919 J - .1
B eech Creek. S e e N Y C A H .
130
120 A u g ’ OS
114% 121
1st So M inn D lv 6 s . . . . 1010 J - J
Bel A Car. See St L A A T H.
ISO
1st H ast A D D iv 7s.. 1910 J - J
128 A u g ’ 98
128 130%
B o o n e v B ridge. See M K A T.
5 s ...................................1910 J - J
O ct.’ 97
100
Bw ay A 7th A v . See M et S Ry.
112 J ’ly *98
Chic A P a c D lv 0 s ....... 1910 J - J
118% J ’l y ’ 98
118 121
B klyn City 1st con 5s 1916-41 J - J
112 113
.
_
-------j
_
j
92
117%
117%
93)4
94*4
B klyn El T r Co c f I s t g 6 s l9 2 4 ........
111 117%
79
94%i
1020 J - . l •113 '
110% 117
80
114% A u g ’ 98
» 6 J’ n e’ 98
86
T r Co c tfs 2d g 5 s ........1 9 1 5 .........
1010 J - .1 *110
111
68 M ay’ 98
107 M a r ’ 9b
107 110
68
3d instal p d .....................................
68
1921 J - .1
112 A p r.’ 98
70)$ D e c ’ 9 “
8 A B B T C o c fs l s t g u g 5 s * 4 2 ........
112 113%
1921 J - . l * 1 1 3 *
114 J ’ n e’ 98
111 115%
3d Instal p d ......................
.........
92
1914 J - J
94
113?* 113 J ’l y ’ 08
93
Un E lT r C o c fs ls t g u g 6 s * 3 7 ........
94
111 115
80
106
127% 127%
Far A Sou assu f 6s. 1924 .1 - J
Bklyn R ap T r g 5s........... 1945 A - O 106 Sale 105)4
91
127% J a n .’ 9S
106
1910 J - J
Cont sink lu n d
Bklyn A M ontauk. See L Isl.
100% M ay’ 9*
Bruns A W e s t 1st g 4 s . . 1938 J - J
112
1 1 3 * 112
i 9 i « .r - j 112
1989 J —J § 105% 1059* 105% 105 %
Bu ff N Y A Erie. See Erie.
123)$ 128)$ 108 A ug'O b
1930 O -J *
Bnff U A P gen g 5 s ....... 1937 M - S
105% F e b .’W;-'
104% 109
1910 .) - D *
121
D ebenture 6 s ...............1047 J - J
120 M a r ’98
1913 J - I) • ........ 122
R o ch & P itts 1st g 6 s ..1921 F - A *123)$
i 2 7 ” M a r ’ OS
121
A u g ’ 9S
127
127
124%
124%
Consol 1st 6 s .............. 1922 J - D *122
143
1915 O - F •
1 42% A u g ’ 98
122 124% C hic A N orthw —G
103 A p r ’ 97
Cl A Mah 1st gu g 5 s . . 1943 J - J , 120
G old 7 s ............................1 9 0 2 j / - J) 115
115 A u g ’ 98
Buff A Southw est. See Erie.
R eg iste re d .................. 1 0 O 2 IJ -D I ..................... 114% A u g ’ 98
Buff A Susq 1st g old 5s.. 1913 A - O . . . .
124%
Sinking fu n d 0s.. 187 9-1 929i A - O ! 117% Sale 124%
R e g istered ......................1913 jA - O I . . . .
R e g iste re d ....... 1879-19 2 0 1A - O ..................... 115 J ’ l y ’ 98
Bur C R A N 1st 5 s ......... 1906 J - I) 107% Sale 107%
107%
A u g ’ OS
104% 109
Sinking fu n d 5s. 1879-1929 A - O .................... 111
........ 107 J ’ l y ’ 98
Con 1st A c ol tr g 5 s ... 1934 'A - O lO o
R e g iste re d ....... 1879-1929 A - O ' ..................... 107% J’ ly ’ 98
100
100
R egistered...................1034 A - O i ........ .
119
Sinking fu n d deb 5 s . .. 1 9 3 3 1M -N *119
110 % 119
M A St L 1st gu g 7 s . . 1027 J - D .........
117 M a r ’ 98
R e g iste re d ................... 1933 m - N i ----108
D e c '9 7
C R I F A N W 1st g 0 s .. ’ 20 A - O *107
25-year deben tu re 5 s . . 1909: m N *109 110% 100 A u g ’ 98
1st gold 5 s ...................... 1921 A - O 10514
105 J a n .’ 98
109% M a r ’ 98
R e g is t e r e d ................. 1900 14-N
105 105
110
a n a d a 3 o u th 1st 5 s ...l0 O 8 i.I - J
109%
109%
80-year deben tu re 5s.. 1921 A - O 116 Sale 116
107% 111%
110
2d 5s............................. 1013 3 1 - S 109% .
110 A u g ’98
117% F e b .’ OS
R e g iste re d ................... 1021 A - 0
105 111
R eg istered....................... 1913! M - 8
106 J a n .’ 97
E x ten sion 4 s . . . . 1880-1926 F - A
105%
105%
CarbAShawn. SeeStLAA TH .i
R egistered....... 1880-1926 F - A
103 J ’ n e ’ Ob
Carthage A A d. S e eN Y C A U .
Gen g o ld 3% s................. 1987 M -N
103% 103%
103%
O B I l f i S . S « B C 8 iS .|
R egistered.................. 1 0 8 7 lo - N
Central O hio. See Balt A O.—
Escan A L Sup 1st 0s.. 1901 j _ ,J
107% M ay’ 9b
Cen R R A Bkg Co o f G o.—
Des M o A M inn 1st 7s. 1907; F - A
Collateral g old 5 s .........1037 M -N , * 92
......... ! 92)$ J ’ n e ’ 98
Iow a M idland 1 s t 8 s . .. 1900!A - O
87
03%
C e n t o f Ga R y — l s t g 5 s ..1945 F - A t ’ 115
114)$ J ’u e'08
W in o n a A St Pet 2d 7s. 1W07 jM - N
114
110 %
R e g is t e r e d ................. 1045 F -A l
117 117
117 J a n .’ 98
Mil A Mad 1st 0 s ......... 1905 M - S
90
90% 90
Consol gold 5 s................1945 M -N
109 109
90%
41
34% 92%
109 M a r’ 98
O tt C F A St P 1st 5 s ..1900 M - S
R e g is t e r e d ......... .. .. 1 9 4 5 M -N ......................
105 105
105 A p r.’ OS
N orth Illinois 1st 5s.. .19 1 0 S t -S
71
1
1st p ref Incom e g 5s. ..1 9 4 5 Oct-4
41% 42)$ 41%
132% 137
44%
Mil
L
8
&
W
l
s
t
g
0
s
..
1021
M
-N
136%
186%
36
..
42%
2d p ref in com e g 5 s .... 1045 Oct. t ......... 14% 14 A u g ’ 93
C on vertible deb 5 s .. 1907 F - A
105% F e b ’ 0 "
10 % !5 % l
3d p ref Incom e g 5s. ...1 9 4 5 O ct.t!
0
7%
113% 118
0%
0%
E x t A Imp s f g 5 s ... 1929 F - A 115 118
118
118
4%
8%
M A N D lv l a t g 5 S ....1 9 4 6 J - j *......... 05
133 134
92 J a n .’ Wb
M ich D lv 1st gold 08.1924 ( j _ j
134 M a r’ 98
92
92
M obile D tv l s t g 5 s .... 1046 j - j
95
......... 00 J ’ l y ’ 98
133 135
A sh lan d D lv l s t g 0 s l0 2 5 L M -t
133 M ay’ 98
05%
M id Ga A A tl D lv 5S ..1947 J - J ,* ......... S7
112 113
I n c o m e s ............. . . . . . 1 0 1 1 1M -N
112 A p r.’ OH
C e n t o f N J — 1st con 7s. 1899 Q -J l 1 0 2 % ......... 1 0 3
127% 132
A u g ’ 98
A u g ’ 96
103 104% C hic R ock I A Pac 6 s ....1 9 1 7 j - J 131% .
131
1st con v ertib le 7 a ../..1 9 0 2 | M -X i ...................... 1 1 3 % D e c ’ 97
128 131%
R e g is t e r e d ................. 1917 J - j
130 A u g '9 8
130
.
C on vertible deb 0 s — 1908 M -N ...................... 1 1 2 % J ’ l y ’ 0 8
104% 108
D ebenture 5 s ........... ...1 9 2 1 |M-8
107 J ’l y ’ 98
107% .
G eneral gold 5s............. 1987 J - .1 114
Sale 114
114%
R e g is t e r e d ................ 1921 m - S
R egistered...................1987 O -J t 1 1 3 % .......... 1 1 3 %
102% 105%
113%
G eneral g o ld 4 s ............1 9 8 b '.j _ j 104% Sale 104%
105
L eh A W B C con as 78.1900 q -MI, 102 Sale 101%
103% 105%
102
R e g iste re d ................. 1 9 8 8 | j - j
105% A u g ’ OS
5 s ...................................1912: M - N ....................... 9 1
85
94
J ’l y ’ 98
Des M A Ft D 1st 4s. .1905 J - J
94
A u g ’ 98
04
A m D ock A Im p Co 5a. 1921 J - J ..................... , 1135$ A u g’98
69% 70%
1st 2 % s........................190 5;J - j
70 F eb .’ Ob
N J South int guar 6a. 1899 J - J j ......................
E x ten sion 4 s ............ 1905 J _ J
83
M ar’ 9’
Central P a cific—
1
103 109
108%
108%
K eok A Des M 1st 5a.. 192S| A - O
Speyer A C o c t fs dp A . 1 8 9 8 ........ *103
.1 0 3
F e b .’ BH
100 A p r ’ 9^
103
Sm all...................................... A - O
103
Speyer A Co c tfs BCD. 1899 ........ *103
.'1 0 3 F e b .’ 08
Chic A St L. See A t T A S F.
;! 1 0 3
103
Speyer A Co c t fs dep E .1900 ........ *103
1 Chic St L A N O. See 111 Cent.
Speyer A C o c t f B’GLII.l 9 0 1 J........ * 103
........
..........
Chic St L A Pitts. See P a Co.
Ban Joaquin Br % 6s. ..190 0 A - O * 102 ......... T 9 2 % J ’ n e ’ 98
11 120% 188
Chic St P M A O con 6s. .1930 J - D 186
136k
11 0 2 % 1 0 5
Sale 130
G uaranteed g 5 s ......... .1 9 3 9 A - O .M 02
.............
128 134
Ch St P A Min 1st 0 s . . 1918 M -N
134 A u g ’ 98
Speyer A C o eng eta......... ...........,*102
.......... . . .
Nor
W
isconsin
1st
0
s
..
1930
J
j
.
Land grant gold 5 s -----1900 A - O * 1 0 2 )$ ........... ,102 M a r ’ 98 . . . . '1 00% 102
120
182%
St P A S City l s t g 0s. 10101 A - O ♦182
1 8 7 * 182 A u g ’ 98
O A O D lv e x t g 5s. ...1 9 1 8 .1 - J ,*102
101 J a n .’ 98 . . . . I; 101 101
79% 9 0 %
Chic T e r T ran sfer a 4s . .19 4 7 J - J
90?* 169
9 0% Sale
HU-X
W estern Pacific g 0 s .. 1899 .1 - J * 1 0 2 )$ .......... T 0 4
J ’ n o'98 . .. .1 1 0 1
104
Ch A W est I 1st a r g 0 8 .1919 M -N
106 J ’ n e ’ 97 . . . •
N o o f Cal 1st gu g 6 s . . 1907 J - J ..................... |...........
2 117% 1 2 2 %
120
.........
G eneral gold 6s............1 0 3 2 q - I )
120 Sale 120
G uaranteed gold 5s. 1938 A - O ' ..................... 1103%
103%
103% Chic A W estM ieh Ry 5 s.l92 1 | j - D
24 100
Cent W ash 1st g 6s tr c t fs 1 9 3 8 !........
73
........ . 40 F e b .’ Wb
40
C oupons Off.................1921 ............
I 40
C laries A 8 a r 1st g 7 s .. 1936 J - J ......................
Ola n 4 D co n s f 7 s . . ..1 9 0 5 A - O
119 Oct.*97
Ohes A O - g . 6 s s e r . A . . .1 9 0 8 A -O tj 119% 121
110 J ’ l y ’ 98
2d gold 4 % s....................1937 J - J
103% O ct.’ 07
118
120%
107% 111%
G old 6 s ............................1911 A -0 7 119% 122% 12(>% A u g ’ 9H
C'.n D A I lBt gu g 5s. .1941 M -N
111
111
.1 1 1 5 % 120%
l s t c o n s g 5 s .................. 1939 M -N 1 1 5 )$ .......... 115%
115%
0 l St L A C. See C C C A St L.
° i1
111
*’
117
R eg istered ...................19891M -N ....................... <114 F eb .’ Ob
113
114% 01 n 9 A C. See C C C A St L. |

A

.....

C

N o price Friday; th ese are latest bid and asked this w eek,

OUTSIDE S E C U R IT IE S (G iven
Bid. A s » . 1
S tr e e t R a ilw a y s .
Prov A Paw t’ c k - ls t 5s ’ 33 $195
100 |
Rlchm RyA E le c -1st 5s’ 20 i 78
8! |
0
t l% !
Con 5s 193 0 ........... AAO
» 0 % 98%
Scranton T ra ction ........ 50 t 12
15 1
106% 107k|
'’ o 81de El (C h ic)—S tock.
60
60
Twin City R T r—C o m ....
20
10
100
72
Un’ d T r A E lo c (P r o v )-S t’ k
70
1st 5s 1<>33
- .-..M A S 3108
109 |
93% 94 % j
,<Jon 1 9 3 5 ......... ...M A N

t Bon ds d u e July,

at foot of

G n a .S e c u r i t i e s .
W est E n d —See Boston
W o rce ste r (M asa)T r-C om

Bid.
15
93

N E W YORK.
Central U nion Gas—
1st 5s 192 7...............JAJ 3104
Con Gas (N Y )—S tock —N Y Stk
100
E q u lt G a s .............................
1st Os 1 8 9 9 ............. FA A 3 1 0 1
3111
M utual Gas........................... 300

t Bonds d u e N ov.

|| B on ds d u e Jun e.

T Bon ds d u e Jan.

$ B on d s due May.

7 consecutive pages).— GAS SECURITIES, &c.

Ask.
10%
96

104*
E xch
110
102%
110
830

G a s H e cu ritle s .
N ow A m sterdam Gas—
C o m m o n .............
P r e f.......................
1st con sol 5 a ....
N Y A East R iver Gas—
1st 5 b 1 9 4 4 ..........
Consol 5a 1 9 4 5 .,
N or Un—
1st 5s 1927...........
C om m on...............
D o p r e fe rr e d .. . .
1st 5s 1 9 3 0 ........

Bid.

A sk.

30
30%
70
71
3 1 0 2 % 102%
110% 112
107
100
90

05

139
150
3 110

142
155
1 13

G a s H e cn rltle e .

BROOKLYN.
B rook lyn U » Gas—N Y St
1st co n 5s—N Y Stock
W illiam sburg Gas—1st 6s
O T H E R C ITIE S.
B altim ore C onsolldat— Se
Bay State Gas—N Y Stock
I n c o m e s ...................... .
B oston U nltedG as B on dsBuffalo City Gas—S to ck ..
1st 5s 1 9 4 7 ............. AA O
B urlington (la )G a s — Stck
$A nd interest. tP rlce

Bid.

A sk .

ock E xch .
E xcb.
3101* 102X
e Balt. List,
E xch .
-B osto nL lst
28« 24*
86*
3
per sh aie._

THE

412

BONDS.

:

lY tce
F r id a y ,
A u g. 26.

C H R O N IC L E .—BOND PRICES (5 pages) P age
W e e k 's
R ange or
L a s t S a le.

R ange
| fro m
: J a n . 1.

[Vol, LXVII

BONDS.

j

H r ic e
W eek* a
R ange
1 ?v.* c>
s
F r id a y , J 2*an gc o r
fro m
i C A u g . 20.
! N.Y. STOCK E X C I I i
L
a
s
t
S
a
le
.
J
a n . 1*
1 ji
] I !
W e e k E n d in g A u i
H ig h .. aY o . L o w . lHgh\\
i f id .
A tk . L ow
R id .
A s k . L o w . U ta h . N o . L o w . B i g k
lint A P ore M g 0 s . . .. 1020 A - O 117 Sale 117
City A S R y E
117
1 no
117 %
1st co n so l gold O n .... 19 39 M -N
Cloartteid A ■
05
95
95 Sale
85
05
A!
P t H u ron Dtv l s t g 5», 1089 A - O * »!»
01 A k A 0 vvj
1 83
95%
.......... 95% A n g ’ 98
i - .1
A n g ’ OSj
..........
05
| 70
C l*
. . . . I............ .........
l « # « 73% Fla Cen A P en 1 st g 5a.. 1 9 18 J - J *103
82
82
i 82 J'llO'Wt<|
l i t land gr e x t g o ld 5a. 1030 .1 - J
C C C A S t i r —Go n ii 4i»..,100:J J - D * SiJ
2j
‘
00
J
J
«
j
S3
0014
1931j
90
J
100
Consol gold 5 s . . . . . . . . . 1043 J - J • 95
Cairo D lv le t S’old 4 * .!
00-111 30, 00% u r n Ft S A V ft Bge. See St LAS F.
09% &vie j 99%
8 t L I>iv I s t c o l1IT g 4ft. 109*j M- N
00
98
HC M « ’ W . . . .
,1001 i M- N
Fort St U D C o l st g 4% s 10 1J ! j - j
Il 05 105
Re*iS stcrcd ...
M-•
tii*
79 Sale
Ft W A D C— 1st g 4 - 0 a .1021 ! J - D
79%
6pr A G o! D iv 1*t|54vl 1941j
78
79% 100 ( 65
i 80
88% Ft W A Itlo Gr 1st g 3-4s. 1928 . J - J
42
6 ! % Sale
54% 64
W W V al D lv l St g 43. 194*j J - .1
i 89 J ’ iio ’ 98
61%
03%
90% Fulton K iev. See K ings Co El.
90% j " f l { 1 89
Ctn W A M D ir I s i s 4s.. 109 l J - .!
9()% Sale ) W0H
......... ! 0 0 % May* u s j
101
Ctn X Si I. A C 1i t & 4)*. 1030 Q - M 101
H iir A S A . See S P Co. I
VJ al Id A Cl o f *82 1at 5s. 10 18 A - O i 90
10
95%
Regtstervd ............. . 1086 Q -F t
88% 96
Ga A A la Ry
p f g 5a. 1945 .A - O ■104V
103
C onsol 6 s .........
l u iu .U-N
92 J 'ly ’ 98
in
O ct.'S 1;
92* ‘ *92*
Ga Car A N o 1st gu g 5s. 1 9 2 9 1J - J ■ 00
Ctn $ A Cl c o n l s i g 5s. 1928 -I * J
............ .
G eorgia Pacific. See So Ry.
Ind B! A W l * t pr 7 a .. 100' J - J
107% F eb 07
Grand Rap A Ind. See Pa Co.
O ln d A W 1st PI 5 a ...l» 3 i O- J i
5b
70
80
79
80
an A St J . See C ft A Q
i
P * o A E ast U t co n 4a. l in A - O ; VH si Ub
2*
14
20
A p r * 20
......
I n c o m e 4a...........
10P
19%
20
ou saton lc. S /^ N Y N IIA H t 102 105%
94
lO t
10-1
H o u s t E A W T 1st g 5 s ,1 0 8 3 M -N04% Sale
88
94&
94%
0 1 C C A Ind 1st a I 7 » ...1 8 u M
. -N ................ .
C on sol 7 » ...................,,.1 0 1 4 J - D ; ...................... 135% J ’ly ’ 98
131% 137 | H oua A T e x Con. See So P Co. |
C onsol sinking f d 7a.. . 1 0 14 |.l - O .....................
llincos Cent 1st g 4 s . , .1051 J - J 110%_ ..........,100% A u g*98
109% 115
R e g iste re d ................. 1 9 5 1 1J - J
. 108% 109%
127% 127%
G eneral con sol g o ld da, 1934 J - J
..................... 127% M ay’ 98
1 0 9 % .........109% J ’ly'»08 *
R e g is t e r e d .................1034 J - J .......................
1st go ld 3 % s..................1051 J - J
105 105
...................., jl 0 5 M a r 'l l
IQ7% O ct.’ 97
CAS 1st M C C C A 1 7a. 1 0 0 1 iA - O .........
R e g is te re d ..................1051 J - J 1 09 103
101 102%
lO 2% A p r.*08
i o o ” id s
103 M ay’fiS
Cl L o r A W h co n 1st 5s. 1933 A - O •101
1st gold 3s sterlin g. ...1 9 5 1 , M - S
d e v A M arietta. See F a l i f t :
1
R e g iste re d ...........
1 9 5 1 1M - S
21 i
100 104
Olev A M ahon Y a l g 5s,. 1038. J - J
Coll Trust g o ld 4 s ........195S|A - O 102 104
102 % J ’ l y ’ 98
3 1
R e g iste re d ...................1952; A - O ..................
103 103
R e g is t e r e d ................ 193 8Q tt-Ji
103 A p r .’ OS
97% 102%
I S O A T e x gold 4 s .. 1953 M - N ..........102%! 101%
C lev A P itts. See P en n C a |
101%
05
101 101
50
R e g iste re d ...................1953 M - N
Col M id l'd — 1st g S-3-4s. 19-47'J - 3 1 30
101 M a r’ 9b
5S
37
57% . . . .
....
06
60
l s t g 4 a . . ........... ............ 1047 J - J;
00
Coll tr 2-10 g o ld i s . . . . 1904; J - J
66
99
Sap.’
O?
......................
R e g iste re d ..................1004 .1 - J
C ol A 9th A v . S « M o fc S t R y .
101 105
W estern L in e 1st g 48.1051 j F- A
C oium A G re e n r. Nra So Ry.
103% A u g '98
0 c t .’ 97
O ol H V A T o l - C o n g 5s. 1031 M - S
R e g is t e r e d .................1951 F - A
75
9 2% 94%
J P M A Co tmg cfa $ 6 5 pd J - - . *- 1 825,' Sale
L o u isv ille D iv g 3% s . 10531J - J
93% .
82
* 04 j i A u g ’ OS
82M 28i 7054 82^4
G eneral g old 6a............1004 J -D|
R e g is t e r e d ............ 1053 J - J
54
58
......... 61 F e b .’ 98
61
80
80
G eneral lieu g old 4 a ... 1990 d - J
S t L o u is D lv g 3 b .......... 1951 J - .1
80%
80
R e g is t e r e d ..................1 9 5 1 J - J
R e g is t e r e d ................ .19 9 6 J - J
9 2 % 94%
Col A Cln Md. See B A O.
G old 3 % s ...................... 1951 J - J
9 4% A u g ’ 98
82K .
Col Conn A Term . Set N&W
R e g is t e r e d ...............1051 J - J
87
.
Cairo B rid ge gold 4 s .. 1950 J - 1 )
C on n A Pas R lv s 1st g l s . ‘ 43 A - O
R e g is t e r e d .................1950 J - I>
T A a k A G t So. See C M A StP.
X J alius A W a c o . See M K AT.
M id dle D lv reg 5 s ....... 1021 F - A
Gal L a ck A W estern 7s.. 1007 M - S
Spring D lv 1st g 3%S. 1951 J - J
122 128
122 A p r.’ 9 8
125% 120
R e g is t e r e d .................1951 J - .J
Byr B in g A N V 1 st 7s. 1900 A - O i a a j i ! ! ! ! " 126 J ’ly ’ 98
M orris & E ssex 1st 7 s . 1914 m - n
123 A u g ’ 98
137% 144
115% 123%
Chic St L & N O g 5s. .1901 J - D
140 A u g ’ 98
7 s ............................. . ..1 9 0 0 J - J i ’0 3 107
R eg istered ................. 1051 J - D
109 N o v ’ 97
118% A p r '0
7 s ......................... 187 1-1 901 A - O * L12 ......... 110% J ’n e ’ 98
G old 3 % s .......................1951 J - D
107 113%
1st c o n guar 7 s .......... 1915 J - D
136 142%
R e g is t e r e d ............... 1951 J - D
139 J ’n e ’ 98
M em D iv 1st g 4 s . . . .1051 J - D
103% 103%
R e g is t e r e d ........... ,,1 9 1 5 1J - D
103% J a n /0 S
N T L a ck A W 1st 6 s .. 1921 J - I
R e g iste re d .............. 1 9 5 1!J - D
1 3 8 « J ’iy *98
136% 138%
117%
. . . . . . 118% N o v ’ 07
C on stru ction 5 s .........1923 F - A *114
B e lle v & Car 1st 6 s . . . .1 9 2 8 J - D
04
W a rre n 2d 7 s ..................1900 A - O ...................... 108 A u g ’ 98
6t L Sou tat gu g 4s. ..1 0 3 1 M - S
90 N o v ’ iE
108 108
D ei A Ht>d 1st Pa D lv 7s. 1917 M - S *144
......... 145 A u g ’ 08
91
Carb & S 1st g 4a......... 1932 M - S
143 145
Reglfrt *red ....................1917 M - S
143 M ay’ 97
Ind ftl & W . See C C C & St L.
104
A lb A S *b 1st c o n g a 7a1.906-A - O * I 2 2 « ......... 12S A u g ’ OS
1 2 0 % 1 2 5 % Ind D ee A W 1st g 5a— 1935 J - J 1 0 1 % 1 0 3
101% A u g ’ 98
88
R e g is te r e d ................... 1906 A - O
Ind HI & l a 1st g o ld -la.. 1939 J - D 1 94 ........
86 Jan.'OS
G old 6 s .........................190 6 A - O ♦ i l s i f !!!!!* . 115** J ’n e ’ 98
1st e x t gold 5 s ............... 1943 M - S
’l l 6 “ i i s %
110 123%
I n t A Gl N o 1st g o ld 6s. 1919 M -N 121
124
R e g is te r e d ................1906| A - O
117 117
117 F e b .’ 98
120% A u g ’ 98
......... 148% A u g ’ 97
78
92
91
93
R en s A Bar 1st 7 s .......... 1921 iil-N *143
2d gold 5s.........................1909 M - S
91
01
44
60
R e g is t e r e d ........... 1921■ M -N
'1 4 0
......... 141 M ay’98
3d gold 4s.........................1921 M - S
5 8% 58% 53% A w g’ OS
97
105
104% 105
Iow a Central 1st g o ld 5 s.!9 3 S J - D
D el R iv R R Bge. See P a HR.
105 A u g ’ 98
D e n Con T r Co 1st g 5 s ..1 9 3 3 A - O
Iow a M idland. See Ch A N W .
D e n Tram Co c o n g 6S.1910 J - J
Jefferson l i l t See Erie.
M et R y Co 1st gu tr 08.1911 .1 - J
a l A & G R . N ecL S & M S .
3 108 11114
an & M ich . See T o] & O C.
D e n A R G r 1st g o l d 7 s .. 1900 M -N u i M ......... m %
h im
12
1st c o n g 4 s . . . . ............ .1936! J ' J
90 ........
......... 9S-si 98
S7% 0S% K C & M R & B 1st g u g 5 s .lfi2 9 A - O
98%
5
Im p rov em en t gold 5 s . 1928 J - D
94
......... 6 4 «
7 0% Sale
81%
85% 94% K C P & 6 1st & co l g 5 s .l9 ‘2 3 A - O
76%
78% 124
am
Kan C A P a c. See M K & T.
D es M i F t l ) . See C R & 1 P.l
K ansas M id. See St L A S F
D es M A M inn. See Ch A N W .
.......... 99% J ’ n e ’ 98 . . . .
D es M U n R y 1st g 5 s . . .1017 M -N 103
K en tu ck y Cent. See L & N.
97 100
K eok & D es M . See C R I A P.
D o t M A T ol. SeeL S A M So. |
K ings Co E l ser A 1st g 5s ’ 25 J - J
85
D e t A M ack 1st lieu g 4s. 1995! J - D
.........
60
57%
57%
50
.........
Ful El 1st g u g 5s se r A . ’ 29 M - S
G old 4 s ........................ ..1 9 9 5 J - I >
45
49 J ’ l y ’ 98
D a l A Iron R a n g e 1st 5s. 1937 A - O 106% Sale 100%
106%
104 110% K n o x v ille A O hio. See So R y.
ake E r ie A W 1st g 5 s .l9 3 7 J - J
R e g is te r e d ...................... 1937 A - O
116
Sale 116
117
2d g o ld 5 s................... 1941 J - J
2d lie n m ortg age 6 a .. .1 9 1 0 J - J
104
Sale 103
104
D a l Red W A S 1st g 5 s . 192 8 J - J
N orth O hio 1st gu 5 s .. 1945 A - O
9 2 % F e b .’ 98
9 2% 92%
103% 101 A u g ’ 98
D a l So Shore A A t g 5s. 1937 J - J 112 Sale 112
L a k e Shore & M ich South112
101 112
ast o f M inn. SeeStPM &M ,
D e t M on & T o l 1st 7s. 1906 F - A
121 A p r .’ OS
Lake Shore d iv id 7 h. . . 1899 A - O
ast T Y a A G a. See. So Ry.
104% A u g ’ 98
C onsol 1st 7 s ............. 1900 J - J *105% .
B l i z L e x A B S . See 0 A O.
1 05 % A u g ‘ 08
E lm C ort A N o. SceL eh A N T .
R e g is t e r e d ............. 1900
*105 % ,
105% J ’ ly ’ 98
C on sol 2d 7 s ........... ..1 9 0 3
n i7
.
B rie 1st e x t g 4 s . . . . . . . . .1947 M -N 113 .
US
J ’ l y ’ 98
112
no
117
117
0 d e x t g o l d 5 s . . . . . . . . . . 1919 M - S f i i 8 % .
R e g is te re d ........... . .1903 J - D *117
119% A u g ’ 9 8
116% 119%
115% J ’ n o ’ 98
3d e x t g old 4 % s ........... 1923 M - S 1 1 2 % .
G
old
3
%
s.....................
1997
113
113
106
J -D
108 113
100%
1 0 «%
R e g is te re d ................1997 J - D
4th e x t gold 5 s . . . . . . . . 1920 A - O
117 J ’ n e’ 98
113 118
105% A u g ’98
5th e x t g o ld 4 s . . . . . . . . 1928 J - D 103
104% J ’ n e ’ 98
..
Cin ASp 1 st g u L SAM S 7s 01 A - O
104% 105
108% D e c ’ 97
1st con sol g o ld 7 s . , . , . 1920 M - S 1 4 8 ^ ..
K A & G R 1st gu cos. 1988 J - J
145 A u g ’ 98
138 147%
M ah on Coal R R 1s t 5 s,’ 34 J - J
l i t con sol gold frf 7 s .. 1920 M -S
140 M ay’ 98
140 148
125 D e a 197
L on g D ock c o n g o ld 6a. 1935 A - O
L e h V a i (P a ) c o il g os .1997 M -N
188
138
104 104
133% 189
104 A u g ’ 98
R e g iste re d ......................1997 M -N
B u ff N T A E rie 1 s t 78.1916 J - D
133 J ’ n e '9 8
133 138
L e h V N Y 1 s t g u g 4 % s .. 1940 J - J
104%
1 IBuff A S W gold 6 s . . . . 1908 J - J
09
102 A u g ’ 98
R e g is t e r e d ..................... 1940 J - J
i ; Sm all ..................................... J - J
L e h V T e r R y I s t g u g 5s 1941 A - O
is Jeff K R 1st g u g o ld 58.1909 A -O i
108 F e b .’ 98
107 112%
106
106
111
A u g ’ 98
C hic A E rie 1st g 5 s . . . 1982 M -N
R e g is t e r e d ................ ...1 9 4 1 A - O
■ 113% 113 A u g 198
109% J ’ l y ’ 97
108 1X3%
Coal A R R 1st c gu Os.1922 M -N
L Y Coal Co 1st gu g 5 s ..1988 J - J
95
92 % *92%
92% M a r ’ 98
R e g iste re d .................... 1988 J - J
D ock A Im p 1st c u r 6 s .l9 1 3 J - J
L eh & N Y 1st gu g 4a. ..1 9 4 5 M - S
N Y A G reen L g u g Oe.1946 M -N
105% O ct.’ 97
92
91% ,
91
91 A u g ’ 98
R e g is te re d ......... ............ 1945 M - S
’Small.........................................
El C A N l s t g 1st p f 0s. 1914 A - O
94
B r ie 1st co n g 4s pr b d s.1 9 9 6 J - J
"98%
' 94%
8 4 % 94%
G old guar 5a................ 1914 A - O
R e g is tered ......... . .. .. 1 9 9 6 J - J
101 8 e p .’ 9 ?
L e h & W ilk esb. See C en t N J .
74% Sale ..74
l i t eon gen lie n g 4s.. /.1 996 J - J
66
76
................. 4%
R eg is te re d ................... 1996 J - J
L e ro y A C on ey Y a l. See M o P.
N Y S A W — 1st r e f 5a. 1937 J - J 107
107
107
99 10894 L e x A v A P B\ See M et St Ry.
2d g old 4 % s ................. 1937 F - A ' 93
92%
84 % 92% L ltc h Car A W l s t g 0s, .1916 J - J
95% 92
G eneral g 5 s ................1940 F - A ■ 89
L ittle R & M o m la tg 5s 1937 )
89%
83
98
80% 89
T ru st C o c e r t f s . J
T erm inal 1st g 5 a ....1 9 4 3 M -N
109% J ’ ly *98
1 0 9 % 11 1%
L o n g D ock . See Erie.
R egis $ 5,000 e a c h .1943 M -N
W llk A E a s la t g u g 5 a l9 4 2 J - D 100
100
03 % 101% L on g Island—
Sale 100
1st co n g 5 s .,..................1931 Q - Ji
124
M id R R o fN J l s t g 0sl91O A - O 120
114% 121
120% A u g ’ 98
110% J ’ n e ’ 98
117 120
1st c o n g 4 s ....................1931
B*can A L Sup. See C A N W .
60
65
E u rek a Springs 1st g 6 s. 198 8 F - A
G eneral g o ld 4 s . . . . . . . 1988 T - i J
65 N o v ’ 9'
90
90 J ’n e ’ 98
F erry 1st go ld 4 % s .. .. l 9 2 2 M - S
114
J ’ ly ’ 98
B r A T H 1st c o n 6s....... 1921 J - J
112
118
80
86% A p r .’ 98
G old 4 s .............................1932 J - D
1st gen eral gold 5 s . . . . 1942 A - O
85 A u g ’ 98
82
86%
D eben tu re go ld 5s........1984 J - D
M t Y c r a o n 1st fl» ., . . . . 1928 A - O
N Y A R B l s t g 5 s . . . . 1927 M - S
Sail C o B r 'c h l s t g fls..l 980 A - O
100 M a y !97
2 d i n c o m e ...................1927
B v & tn d lu t con gn g 6 s .. 1920 J - J
80
80
A u g ’ 98
7 7 % 88
N Y B A M ft c o n c 5 s .. 1 035
F a rgo & g o . See Cli M A St P.
107% D e c ’ 97
H .Y . 8 T O G K E X C H A N G E
W fifcK E n d i n g A c g . 2 6 .

"; rk

*5*9

F

H
i

K

L

E

n!

S3

l°R

' N o price Friday; th ese a rc latest bid and asked this vreek.

t B on ds d u o A u gu st.

£ B o n d s d u e A p ril.

]| B on d s due Jan uary.

£ B on d s due July.

O U TSIDE S E C U R IT IE S (G iven at foot of 7 cojrsECUTivE pages).— GAS SECURITIES, (So
A sk . [1
Bid.
G » h S e c u ritie s.
18
Consum G as iJ C ity)— Stk
75
1st 0 s ......................... M AN 101
104
Detroit. G as—
N Y S to c k L ist.
cic Ex on.
1 C onsol 5s 1918— See N. Y . Ex,
C icero Gas C o 1st 6 s . ..
90
X 9 4 « j D en ver C on solidated G is
OindnnaM Gas A Coke
su
Fort. W a yn e (In d )—Sto :k * 7 8 ”
O lty Gas (N o r fo lk V a ).
! ^7
1st 6 s . . ....................
105
1st 08 1 9 2 5 ................JtcJ
1 98
80
88
1
C olu m b u s (O ) Gas—Stock
85
80
! G rand Rapids—S to c k ........
1st 5s 1915.............. F&A { 1 0 0 ) i
102
1st l e 1 8 3 2 ...........
{ 99
B ali L 1st- 1 H a rtfo rd (C l) G a a L ...2 5 t 4 2
■tdai Gas (B a
54
C on solid Gas (N J )—Stck
21 j I lu diatm Nat A 11} Gas—Stk
18
ftp
83 11 l « f f t o i o o 41 . . . . . . V .VM’ *T1
44a » S «*c«l-irP -M .

C 'i«*f‘ 6 s t o u

1 Bid.

C ) G a s ..

Chart!era V a lley G as,

.....................

G a n S e c u r it ie s *
A sk. ji
78 ; | Indianap olis G as—S tock .
103 |i‘ 1st 0e 1 0 2 0 ............. MAN
Jersey City Gas L ig h t ...
L i s t I L a cle d e G as—N Y Stock
Ii L a fa y e tte (In d ) Gas—Stk
95
1st 0 b 1 9 2 4 ............. M AN
‘ 77*‘ |!1L o g unapt A W a b Y a l—Stk
89 | 1st 6s 1925 ............. J&D
83
1
i L o u isv ille Gas L i g h t ........
102
jI M adison (Wta) G as—Sfcck
45 i|! 1st 0s 19'»h ..............A&O
j M em phis G as....................
56
f»n 1Qin__. .M t73 i*1 -*•

(Zati

Bid.
115
105
190
E x ch .
75
89
53
72
......
60
{ «8>4
«io**

Aek. [|
G a s H e cn rltle a ,
125 : | N ew O rleans Gas L ig h t ,.
100
O hio A Indiana—S t o c k ...
1st 0 s 1026 ............. JA D
P e o p le s G as A C oke—N Y
78 i P h iladelph ia C o . . . . . . . . 5 0
92
P ittsb u rg G as................,50
55
N ew 5 s . . . . . . . . . . . . . . . . . .
74 1 P o rtla n d (M e) G as L ...5 0
90 I St Joseph ( M o ) , . , , ...........
05 i
5s 1 9 3 7 .......................J&J
100 «l| St P aul Gas—S t o c k ,. . . . . .
C onsol 5s 1944 ....M A S
f. Atlrl
105
1

Bid. A s k .:
100J4 n o w
54
57
69
72
Stock E x ch
t l8 5
105
106
f 85
90
34
88
90
92
44
50
? 82
86
n«^\" *h ar<>

THE

BONDS
s. 2
K .T . STOCK EXCHANGE £ £
W e e k E x d is q A u g . 26.

P r ic e
F rid a y ,
A u g . 2t>.

B id .
A sk .
L o n g Island (C on .)
_
B k lyn A M on 1st g 6s. 1011 3 1 - ft
1st 5 s ........................... 1911 31- S
N or S h b l s t c o n g g u 5 s . . ’ S2 U - O
N Y B ay E x K l s t g u g 5 s ’ 43 J - J
M ontauk E x gu g 5 s . . .19 4 5 J - J
L a & M o R tv. See Chi A A lt.
L E A S t L C o n c n g 5 s .l 9 3 9 . )
T r C o ce r ts ............................. > ••••• * ......... 40
G eneral g old 4 s ............. 1943 3 1 - 8
L o u A; Nash—Cecel Br 7 s l9 0 7 3 1 - 8
.........
N O A M l s t g 6 s ......... 1930 J - J 123
.........
2d g o ld 6 s .....................1930 J - J 106
114
.........
E H A Nash l s t g 0 s . . .19 1 9 J - D
G eneral g old 6s..............1930 J - D ......... 1 1 9 ^
111
P e n sa cola diy g old 6 s .1920 3 1 - S *106
f it L d ir l s t g 6s........... 1921 3 1 - 8
2d g o ld 3 s .....................1980 3 1 - 8
N ash & D eo 1st 7 s ........1900 J - J
S ln k fd (S A A ) g 6 s . ...1 9 1 0 A - O
B A N A c o n g u g 5 s .. ..1 9 3 6 £ - A *......... 102
.........
G old 5 s ............................ 1937 M -N ♦101
90*6 Sale
U nified g 4 8 ...................1940 J - J
R e g is tered ...................1940 J - J
P en s A A t l 1st g u g 6s. 1921 F - A * 1 0 4 « .........
104
C oll trust g 58................1931 M -N *103
L A N A M A M ls tg 4% s. 1945 M - S
N Fla A 8 1st g u g 5s ..1 9 3 7 F - A
91
.........
K e n tu ck y Cen t g 4 s . . . 1987 J - J
L C l n A L e x g 4 % s ....l 9 8 1 M -N 1 1 0 X .........
L A Jeff B ge C o g u g 4s. 1945 3 1 - 8
L N A A C . S e s C lA L .
..........
L o u is R y C o 1st con g 5s. 1930 J - J 112
ahon Coal. See L 8 A M 8.
05*6 Sale
anhattan R y c o n 4s. 1990 A - O
.........
M etrop ol El 1st g 6 s .. .1 9 0 8 J - J 117
2d 6 s ............................. 1899 M -N
103*6 1G4%
M an S W C olonlz g 5 s . .. 1934 J - D
M arket S t C R y I s t g 6 s . l 9 l 3 J - J
M o K ’ pt A B V . SeeP M cK A Y .
M etrop olitan El. See Man Ry.
. . . . 114
M et St R y gen c tr g o s .. t9 9 7 F - A
1 2 0 % .........
B w a y A 7 th A v ls tc g 58.1943 J - D
......... 122*6
R e g is t e r e d .................1 9 4 3 | J -D
Col A 9th A y 1st g u g 5#. 1993 M - S 122*6 Bam
R e g is t e r e d .................1 9 9 3 IM -S
L e x A y A P F l s t g u g 5 s.’ 9 3 ;M - >S 1
.........
R e g is t e r e d ...........................M - 8
M ex C en t co n gold 4 s . . . l 9 1 l J - J
1st co n Incom e g 8 s . ..1 9 3 9 J ’lyt
2d con in com e g 3 s . . . . 1939 J Tyt
E quip A coll g 5 s ......... 1917 A - O
M ex Iu tern at 1st co n g 4s.’ 77 iM - S
78 Sale
M ex N at 1st gold 0 s ....... 1927 J - D
2d Inc 6s A Cp st m p d .1 9 1 7 ;M-S*
2d yscom e gold 6s B . . 1917! An.*
M ex Worth 1st g old 0 s .. 1910 J - D
R e g is t e r e d ..................... 1910 J - I>
M ich Cent—1st con 7 s ..l 9 0 2 '3 I - N j 1 1 3 % ..........
1st co n 5 s ........................ 19021 M -N
0 s ....................................... 19(i0 M - 8
5 s .................................................... 19313I-8|
R e g is te r e d ................. 1931 Q -M I
4 s ....................................... 1940 .1 - J
R e g is t e r e d ............... 1940 J - J
B a t C A Stur 1st gu g 3s *89 J - D
M id o f N J. See N Y Sus A W
M il El R y A L 80-y r g 5 s . 1920 F - A
M E S A W . See C h ic A N \VI
Mil a M ad. See C h ic A N W
MU A N orth. See Ch M A .St P
Mil A St P. See Ch M A 3t P
M in a St L gu. See B C R A N
141
.........
M inn A St L— 1st g 7s ..1 9 2 7 J - D
1st cons g old 6 s ............1934 M - N 108
.........
Iow a e x 1st g old 7 s . . . 1909 J - D
South W est e x 1st g 7 s .’ 10 J - D
P acific e x 1st gold 6s . 1921 A - O ..........130
M A P 1st 5s st 4s in t g u ..’ 36 J - .J
M SSM AA 1st g 4s int g u . ’ 2fl J - .1
M 8 t P A S 8 M c o n g 4 iln t g u ’ 38 J - .1
M ian 9 t R y 1st con g 5s. 1919 J - J
M inn Un. See St P M A M.
M o K an A T e x — l s t g 4s. 1990 J - D
01
Sale
2d gold 4 s .......................1990 F -A I
65 % Sale
1st ex ten g old 5s......... 1944 M -N
M K A T o f T l s t f f u g 5 a . ’ 42 M - S ’ 8 8% B a le '
K C A P a c 1st g 4 s . . . . 1990 F - A
75
76
Dal A W a 1st gu g 5s. 1940 M -N .......... 84
B o on ey B d g C o g u g 7 s . . ’ 08 M -N
T e b o A N eosho 1st 7s. 1903 J - D
M o K A E 1st gu g 5 s . . . 1942 A - O 101
........
M o P a c—1st con g 6s. ..1 9 2 0 M - N 100% Sale
8d 7 s .................................1906 M -N 111% Bale
T ru st g 5 s ......... ............. 1917 M -8t
86*6 Sale
R e g is te r e d ................. 1917 M -8 t
1st eoll gold 5 s ............. 1920 F - A
> 80 Sale
R e g is t e r e d ..................1920 F - A i
P a c R o f M o 1st e x g 4 s .’ 38 F - A 102 105
2d exten ded gold 5s. 1938 J - J
V erd V 1 A W l s t g 5 s . . ’ 20 3 1 - 8
L e r o y A C V A L l s t g f i s ’ SO J - J
8t L A I M t 1st ex t g 4% s.’ 4? F -A I ......... i i o
107 t .........
2d e x t g 5 s..................1947 M -N
A rk Branch e x t g 5 s . 1935 J - D . . . . . . 108
G en con ry A l d g r t g 5s *81 A - O
99% Sale
G e n con g ta m p g td g 5 s’ 3 r A - O
M l8 sK trB d g e. See O hio A A lt '
M ob A Blrrn prior Uen g 5s.’ 46 J - J
Sm all..................................... J - J
In com e gold 4 s............. 1945 J - J
Bm all.................................................
M ob A O hio new gold 6 s . . ’ 27 J - D 122
.........
.........
1st exten sion g old 0S.1027 Q -J * *114
G eneral gold 4 s ............1938 M - S
80*6 Bale
M ontgom D ly 1st g 5s. 1947 F - A 102 Sale
.........
8 t L A C airo gu g 4s . .1931! J - J • 84
M ohaw k A Mai. SeeN Y C A H
M on on gab ela R ly. See B A O
M ont Cent. See 8 t P M A M.l

M

C H R O N I C L E . — BOND PRICES (5 pages) Page 3.
W e e k ’s
R an ge or
L a s t S a le.

L o w . H ig h . N o .

40 A u g ’ OS
9*6 A u g ’ 97
106
N o v ’ 97
122% A u g ’ 98
108 A u g ’ 98
115 A u g ’ 98 : : : :
119 A u g ’ 98
103*6 S ep.’97
121 J ’ ly ’ 97
105

J ’ l y ’ 98 . . . .

100% A u g ’ 98
104*6 A u g ’ 98
90*6
90% ‘ 18
103%
104
109*6
97
91
103

A u g ’ 98
104
J ’ l y ’ 98
97
A u g ’ 98
J a n .’ 98

109

M a r’ 98

05%
90*6
117
117*6
103% A u g ’ 98

4
5

13
7

113%
114
..
120% A u g ’ 98 . .20
18*
120
03

la s fc

16

J ’ l y ’ 98 . . . .
A p r.’ 98! . . . . j

......................... ......
77«
78 1 16,
13
97

J ’ ly ’ 97
F eb *97

115
105*6
122
121%
125%
106
108

A u g ’ 98
A u g ’ OS
F e b .’ PS
J ’ n e’ 98
J a n .‘ 08
F e b .’ 98
J a n .’ 06

143
138

J ’l y ’ 97
108
’ Vi

121% A u g ’ 97

.........................
83
9 0%
01%
65
65*6 240
8 8 A u g ’ 08
20
88
89
75 A u g ’ 98
83
84
101
106*6
111%
80

102
107*6
m %
87

80

80

::::
3|

18
4

103% A u g ’ 98
100% J ’ l y ’ 98 ! ! ! !
108
107%
105%
190%
100

M ay’ 08
J ’ ly ’08
J ’l y ’ 98
100
A u g ’08

44

122
122
1
119 D e c ’ 07
80%
81
*84
102
102
10

* N o price Friday; th ese are latest bid and asked this w eek,

OUTSIDE S E C U R IT IE S (G iven
B id.

B onds
S old .

A ugust 27, 1898.]

R ange
fr o m
Jam . 1.

10%

I**.sf

W e e k E n d i n g A u g . 2 6 . 3 A*
B id .
A sk,
tfon tauk E x t. See L on g Is.
vforgan’ s L a A T. See 8 P Co.
liorris A Essex. See Del L A W
\T ash C hat A St L 1st 7 s . ’ 13 J - J *130*$ •
lt
2d 6 s .......................... 1901 J - J
1st co n go ld 5 s .............. 1928 A - O 102*6 •
.
1st 6s T A P b ................1917 J - J ♦108
108
.
1st 6s M cM M W A A 1.1917 J - J
.
38
40
1st go ld 6s Jasper B ch .192 3 J - J *108
Nash F lor A Shef.. See L A N
N ew H A D . S eeN Y N H & H
120% 124*6 N J June R R . See N Y Cent.
106 108
N J Southern. See C en t N J.
113
117
N e w A C in B d g e . See P en n Co
110% 120*6 N O A N E prior lien g 6s. 1915 A-OY
N Y B A Man Bch. See L I.
N Y Bay E x te n R R . See L I.
N Y C en t A H u d R —
116
105 105
........
1st 7s............................... 1903 J - J
R e g is te r e d .................1908 J - J 1 1 5 % ........
........
94
io i
D ebenture 5 s o f . 1884-1904 M - S I l l
........
R egistered ....1 8 8 4 -1 9 0 4 M - S 108
100*6 104*6
........
83
91%
R e g deb 5s o f .. .1889-1904 M - S 108
D eben tu re g 4 s . . 1890-1905 J - D
1 0 4 * 6 ........
1 0 4 * 6 ........
R e g iste re d ....... 1890-1905 J - D
90*6 109
101*6 108%
D ebt certs e x t g 4 s . .. .1905 3 I-N 1 0 4 % ........
108 109%
R e g iste re d .................. 1905 M -N 1 0 4 * 6 ........
87*6 98
G 3 * 6 s...............................1997 J - J
107*6 Sale
........
85
91
R eg istered.................. 1997 J - J T 0 6
103 103
95 8a!e
L ake Shore col g 3 * 6 s .l9 9 8 F - A
95
R e g is t e r e d ................ 1998 F - A t
M ich Cent co ll g 3*6s.. 1998 F - A ‘ 94*6 8ale
103 109
R e g is t e r e d ................ 1998 F - A
H arlem 1st 7 s ...............1900 3 I-N 107*6 . . .
R e g is te r e d ................. 1900 M -N 107 107*6
90
98%
N J June R gu 1st 4s .19 8 0 F - A
114*6 il9 * 6
101
105
R e g is te r e d ................. 1 9 8 0 iF - A
W e s t Shore 1st 4s g u . 2361 J - J 109 8ale
R e g is te r e d ................. 2361 J - J 1 0 8 % ........
B eech Crk 1st gu g 4s. 1986 J - J
..........109*6
R e g is te r e d ................. 1986 J - J
2d gu gold 5 s.............1936 J - J
i o 8h i i b h
114H 12 2 5 *
R e g iste re d ..................1936 :J - J
Clearfield B itum Coal Corpl
93
96
l s t s f i n t g u g 4 s s e r A . ’ 4 b iJ - J
iio
i'2 3 %
Small bonds series B . .*40 J - J
G ouv A O s w e l s t g u g 5 s . ’ 42 J - D
117
i'2'3 %
K W A O g c o n 1st e x t 5s.’ 22 A-O * 1 2 5 " 127*
03
00%
N or A M on t 1st gu g 5 a .’ 16 A - O
R W A O T R l s t g u g 5 s . 18 M -N
Oswe A R 2d gu g 5 s .. 1915 F-AS
U tica A Blk Riv gu g 4 s .’ 22 J - J
70% 78 j M oh A Mai l s t g u g 4s. 1991 M - 8
Cart A A d 1st gu g 4s. 1981 J - D
N Y A P u t l« t c o n g u g 4 s .’ 9 3 'A - 0
N Y A N orth iB tg 5 s .. 1927 A - O 124 127
N Y C h ic A 8 t L l s t g 4 8.1937 ;A - O 106 Sale
Registered ..................... 1937 A - O
iio
i l 5 % N Y A G reen w Lake. See Erie
102*6 1 0 0 % N Y A H ar. See N Y O A Ilu d .
122 123
N Y L ack A W . See D L A \V
121
127
N V L K A W . See Erie.
125% 125*6 N Y A M an Bch. See L o u g I s .'
100 100
N Y A N E. See N Y N II A H
108 108
N V N H A H art l s t r e g 4 s .’ 03 J - D
C o n v e rt deb certs $ 1 ,0 0 0 .. A - O 1 0 0 * 6 ........
Small c e r t f s $ l 0 0 ............. ...........
..usatoxilc R c o n g 5s. 1937 M - N 120*6 Bale
N H A D erby c o n 5 s . .. 1 9 1 8 !M -N
N Y A N E 1st 7 s ......... 1905 J - J
120*6 .
.
1st 6 s ............................1905 J - J 114
N Y A N orth. See N Y C 4 H . |
|
N Y U * W co n l s t g 5s. 1939 J - D l 1 107*6 Sale
R e fu n d in g 1st g 4 s . . . . 1992 M -Sf 1 0 1 * 6 ........
R egis $5,000 o n l y ... 1992 M -S,
100% 108%
N Y A P u t. See N Y C A U . I
N Y A R B. See L o n g 1*1.
\ Y S A W . See Fr
N Y T e x A M. See So P a c Co.
North Illinois. SeeC bl A N W .;
N orth O hio. See L E rie A W.I
N orthern Pacific—
G en 1st R R A L G s f g 0 s .'2 1 J - J 1 1 2 % 1 1 0
R egistered.................. 1921 J - j
118 115
82% 92*6
8 t P A N P gen g 6 s . . . 1923 F - A 1 * 9 * 6 ........
57
07%
83 % 88 1
R egistered c t fs ......... 1923 Q - F
80
89
P rio r lien r A I g g 4 s . . 1 9 9 7 . - J 100*6 Bale
71
76
R eg istered................... 1997 o - J
10016 100*6
75
84%
G eneral lien g 8 s ......... 2 0 4 7 Q - Ft
07% Sale
R e g is t e r e d ................. 204 7 O-BT
N or P a c T e r C o 1st g 08.1983 J - J 112 113*6
Nor R y Cal. See C en t Pac. I
93% 102
93
107% N or W ls. See C 8t P M A O. I
103% 112 | N or A 8outh 1st g 5 s . . . . 1 9 4 1 M -N *102
125
« 5 % 87% N or A W est gen g 0 8 . .. . 1931 M -N 122
N ow R iver 1st g 6s. ...1 0 3 2 A - O •121 124
Im p rvm t A e x t g 0 s ... 1934 F - A
60
80
C O A T l s t g u g 5 s . . . . 1922 J - J *105 ........ .
8 c lo VA N E i s t g u g 4 s .l 0 8 9 M -N • 0 0
.........
io o
100
N A W R y l s t o o n g 48.1906 A - O
105% 109
80*6 Sale
R e g is t e r e d ..................1000 A - O
S m a ll............................ 1090 A - O
107% i i o % Nor A M ont. See N. Y.G’ ent.
g A L Ch 1st co n 6 s . . 1920 A - O
102% 107%
102
108
In c o m e .......................1920 A - O
In com e sm all.......................... A - O
80
100%
86
100
O I n d A W . S eeC C C A S t L .
O hio A Miss. See BAO SW .
O hio R iv e r R R 1st g 5 s..l 936 J - D
104
G eneral g o ld 5s............. 1937 A - O • 87
O hio Southern 1st g 6 s ..1921 J - D * 87
10
G eneral gold 4a............ 1921 3 I-N
Eng T r C o c e r tfs ................
10
118% 123
Om A St L l s t g 4 s ......... 1901 J - J • 78
85
*70** "81** Ore A Cal. See So P a c Co.
07% 102
Or® R y A N av 1st s f g 0s. 1909 J - J *114
110
Ore R R A N av co n g 4 s .. 1946 J - D
99*6 Sale
Ore S hort L ine 1st g 0s. 1922 F - A
128
Utah A N or 1st 7 s ....... 1908 J - J
G old 5 s . . ..................... 1926 J - . I
L o w .H ig h .

.......

418

W e e k 's
R ange or
L a s t S a le .
Low .

R ange
fro m
J a n . 1.

ll

H ig h . N o .

L o w .H i g h ,

181 A u g ’ 98
105% N o v ’ 97
103*6 104

128

131*6

100

105

115%
115%
115%
115%
111
111
110% J ’l y ’ 98
109*6 S ep.’ 9 ?
105 A u g ’ 9S
104% F e b .’ 98
104% J ’l y ’ 98
104% J ’n e ’ 98
107*6 107*6
104 % J ’l y ’ 98
95
95%
94 A u g ’ 98
94*6
94*6

113%
113*6
100
100

119%
119
112
111%

102
104%
100*6
104
105%
104*6
94
94
91*6

105
104%
105*6
105
107%
104%
90%
95
95

107*6 J ’ n e'98
107%
107*6
103 M ay’ 97

107*6 109%
107*6 109%

109*6 109%
109
109
108*6 N o v ’ 97
100 J ’n e ’ 98

102% 110*6
101*6 H O

95

106

100

J ’ l y ’ 98

124*6 A u g ’ 98

119*6 124*6

1 *0 7 ’ * A u g ’ 98

107

107

123
106
104

123
100
104

120
107%
104

J ’ n e ’ 9S
107
A p r .’ 9S

104*6 O ct.’ P
100
A u g ’ 98
158%
158%
120*6 120*6

145 100
145 158*6
126*6 126*6

120*6 A u g ’ 98
114 A u g ’ 98

119 120*6
113*6 l 14

100 %

106
00

109
102%

113
112
124
124%
90*6
93
57

119%
119
130
127
101
100%
07*6

101*6

107%
102

114
116
130
127
100

A u g ’ 98
J ’ n e ’ Oa
180
J ’ ly ’ 9s
2(»9|
101
1 0 0 % 100 % 251
00
47% 909

...6

112*6

112*6

10 104

113%

02
22
24
17
01
91*6
85 %

J ’ n e ’ 98
A u g ’ 98
A u g ’ 98
F e b .’ Oa
F e b *0’
A u g ’ 9i
87

102
120
118
117

105
125%
124
119%

82
74%

48

91*6
87*6

O

t B on ds d u e Jan.

at foot of

A sk . I
Bid.
T e le g . A T H e p b ,
71
17% Erie T e ie g x TeJepnone..
88
W estern Gas(M ll w )—Stck List.
G old & S to ck .............. .
110
B o n d s .................................
S s -S e e N Y Stock E xcb
90
n u d s o n R iv e r T elep h on e
75
T e le g . A T e le p h .
A m erican Diat T e le —NY Stock E xch In te m a tio n O ce a n ............ 107
A m erican T el A Cab—N Y Stock Exch M exica n T elegra p h ........... 200
Central A South A m er—
106
M exican T e le p h o n e .... 10
108
Che* A P o to T e leoh —Stk
N ew Eng Telep— See Boat C2 list
45
Eond 5 m. . . . . .................... 103
100
N orthw estern T elegraph . 1 1 0
C om m ercial C a ble............. 180
135
N Y A N J T e le p h o n e .... 140%
C om m er U uion T el (N Y ). 112
115
5s 1920 .................... JAJ 110
E m pire A Bav State T e l..
78
1 Pacific A A tla n t ic ...........
70
G a » S fc n H lifs .
Syracuse Gas—S to c k .......

BONDS.
N.Y. STOCK EXCHANGE

P r ic e
F r id a y ,
A u g. 26.

i Bon ds due Ju ly.

|| B onds d u e Ju n e.

102
85*6
8
10
80
112

»»v.

121
102

102

A u g ’ 98
A u g ’ 98
J ’ n e’ PH
A u g ’ 98

80
8
10
75

85J4
15
14M
82

111
89
118
121

110
10 0 %
128
121

A u g ’ 98
10 0 %
128
J ’n e ’ 98
M ay’ 07

$ B on d s due M ay.

33

1 B on d s due N ot .

7 consecutive pages).— TEL. & ELECTRIC,

A sk.
72

T e l o g . iSc T s l s p h .
Bid. Ask.
Southern A A tla n tic ......... —8^— ” 00—
W est’ n U nion T e le g —N Y

118
78
110
205
•75
115
150*6

E l e c t r ic C o m p a n le a .
A llegh en y Co L ig h t C o ... 130
Brush E lectric C o .............
85
Br’ dgprt (Ct) HI L t C o.25 + 82
Conaol E lectric S torage..
18
E ddy E lectric M fg C o..25
E dison HI 111 Co N Y —N Y
Edison El 111 Co Brk—N Y
Edison Ore M illing C o...
11
21
E dison Storage C o ...........

140
45
37
20

14
23

E le c tr ic

102

J a n .’ 96

C o m p a n ie s .

E lectro-P n eu m atic............
F o rt W ayne E lec. Co ..2 5 t

die.

Bid.
1
2

Ask.
4

G eneral E lectric Co—N Y Stock E x ch
Do pref.—See B oston L ist.
125
H a rtfo rd (Ot) K le c I /t C o . 115
7
H a r tf’ d(C t) I.t& Pow C o25 + 4
14
12
42
44
D o preferred....................
Narragan. (P roV )K l Co.50 t 8 8 * 87
180
N ew H av (C t) E lec L t Co 170
t Prtr#* Per MhHre.

414

THE

C H R O N IC L E .— BOND PRICES (5 pages) Page 4.

[V o l.

LAV.

IS?

W ea k 's
R an ge,
R ange
W eek ’s
BON OS.
|p | I £ 8 *
BONDS.
! § 4 F Pr irdi caey ,
23
fro m
B angs or
fro m
R ange or
• T .T .W O C K E X C H A N G E i t
l u g . 26
N.Y. STOCK EXCHANGE; i t
J a n . 1.
L a s t S a le. 1 1
A u g . 2ti.
/ o h . 1.
L a s t S a le.
W s k k E n d i n g AU G . 2t> , • $£
W kkk Kndm q A ua . 2ti. >?£(
B id
A s k . L o w . B i g h . 1iYo. L o w . H ig h
B id .
A s k . L o w . B i g h . N o.' L o w . B e g K
m ci
i e#
i. , 18 j j cirt insnv
O re S.h l r —1st oon s 5*... 1046 J - J
1 0 § # iSav F A W 1st co n g 6 6 ,1934 A - O j
108
1 0 ? # 108
1 0 4 # Oct.*07
N on -com la c A 5 * ........1046 Sep.*
XI
8 1 # | l s t g 3*............................. 1034 A - O
Sale
80#
SIM 07
58
Non-eu lue B A c o l tr. .1 0 4 6 O ct.t
Sale
5 8 # .S cioto Val A N K. See N or A W
S7H
3 * k 112
O tw ago A H om e, Sec N Y C
Saab A lto a 1st 5 s ........... 1026 J - J i
104#104#
1 0 4 # F e b .’ 08
O O F 4 St P. Sec C A N W
Jj
Sea A B Bdge. See B k lyn El.
ac C oa st Co— 1 st g 5s.H U G J - D
106 Sale
3, 102 1 0 6 # hod Bay A So 1st g 6 s . .. 1024 J - J
a c o f M issouri. See M o Par
So C ar A Ga l s t g 5 s ___ 1010 M -N
98#
90
00 Sale
93
99#
P a n am a I s t a f g - l # s , . . . 1 9 1 ? A - O . . . . . . . . . . .
Southern P a cific C o S f su bsidy g tf* .. . , , , , 1 9 1 0 M -N ................
Gal l i a r A B A 1st g 69.1010 F - A
107 107
107 J&n.'WS
P en n sylva n ia C o—
2 d g 7 s ........................... 1905 J - D 105
105 J'Jy *98
100 1 0 5 #
48
108
114
118
A u g '9 6
114
P e o n C o g o le t g 4 # s .I 9 2 1 J - J ;* 1 1 8
98
M ex A P a o d lv 1st g 5s.’ Sl M -N
02
98
07#
98
!n o
110
110 J 'ly ’ 98
R e g U tered .................. 1981 J - J
....
H ou# A T C 1st \V A N 7s.*03 J - J
G t d S # s e o l trust r e g .l 037 j M - S * 00
1st g 5s Im g t d ........1037 J - J
111#.
111
A u g '98
107# 111#
P C C A 8 t L con g o g 4145—;
C on g ti* int g t d ........1 0 1 2 A - O ! 1 0 8 # .
105 110
109 A u g ’98
10Q # l i d
UOW J ’n o ’ 08
Series A ........................m 0 | A - O
US
83#
83#
G en g is m t g t d ........1021 A - O ;
76# 83#
1108 118
110 111 J ’n e'96
...i.
Series B g u a r .............1 9 4 8 ' A - 0
118
M organ’s La A T l s t g 6 s .’ 20 J - J
1 2 O # F o b .’08
#
#
Series C g u a r . . . . . . . . 1042 M -N j -----1st 7 s ............................. 1018 A - O ........
127 127
127 A p r.’08
Series I) 4* g u a r........1946 M - j f *108
.,
102 O ct,‘ 97
N Y T 4 M o x g u l s t g 4 s . ’ 12 A-O ......
1 0 6 # 108
P itta O ln A St L 1at 7ft.l9 0 0 IF - A ! ..............
108 J ’ n o ’ 08
75 Jan.''98
Ore A Cal 1 st g td g 5s. 1927 J-J| ......
75
76
R e g is te r e d ......... ........1900 F - A
. . . . . . ..
100)4 A p r '97
8 A A A Pass 1st gu g 4 s .‘ 43
5 5 # 71
70#
09# 69#
140
140 M ay’ 98
140#
T e x A N O 1st 7 s .......... 1005 F - A ........
P itt* F t W 4 C 1st 7 s . 1919) J - J | ..............
110 M a r ’ 08
140 140
8 0 7 * ............................. 1012..! - . I j ...............
140 A u g ’ 98
S a b in e d iv 1st g 0 s .. 1 0 1 2 M - S' * 105
1 0 6 # N o v ’ 97
100#
101
C on g 5s ......................1043 J - J
3d 7a...................«.........XOlifi A -O i! ..............
9 6 # 101
.........
0 St L A P 1st eon g 5s. 1 9 8 2 1A - O 1 1 7 # . .
U 2 # A p r '9
So P o f A r g u 1st g Os.'09-lO J -J| *105
109
109#
100#109#
R e g is t e r e d ................. 1932 A - O . . . . . . .
10 6 # n o #
8 P o f Cat l s t g 0 s . ’ 05* 12 A - O
1 1 0 # A u g ’ 98
100
1U2#
O»or A P itt# c o n a t 7 s . 1900 M -N 107% 1 0 9 # 107 M ay'98
1 st con gu ar g 6s. .1037 M -N 1 0 2 # Sale 1 0 2 #
9 2 # 102#
G en gu g 4 # » s e r ’s A .1 9 4 2 J - J
........
SO #
86#
A A N W 1st gu g 5s. 194 1 J - J ' 8 5
81# 87#
S en e* B ....................1942 A - O
8 P C oast 1st gu g 4s.. 1087 J - J
G r K A I e x 1 it g u g 4 # « .1 9 4 lM - J
1 0 0 # Sale 109%
105# n o #
109#
8 P a c o f N M e x 1st g 6 s .’ i 1' J
A lleg h V a l g e u g u g 4 s . l U 4 2 M - S
South R y—1 st oon g 6 s .. 1994 J - J
9 8 # Sale
97#
102 N o v '9 7
98#
87
08#
& C B d g eg on gu g 4 # s . ’ 45 J - J
R e g is te r e d ...................1094 J - J
104# .
P en n R R 1st real e s g 4s. i 028 ,U-N
108 J ’l y ’ 98
108 M ay'97
Mum D iv 1st g 4 -4 # - 5 s l9 9 0 J - J
103
108
R e g is t e r e d ............. ..1 9 9 6 J - J
C on sterlin g g 0 s . . , . . .1 9 0 0 J - j
Con cu rren cy 0s r e g .,.1 0 0 5 Q -M t
E T en reor lieu g 4-5s. 1038 M - 8
100 A u g ’ 98
00 100
C o n g 5 s , ........................ 1019 M - g
R e g is t e r e d ...................1088 M - S
A la Con R l g t g 6s. ...1 0 1 8 J “
R e g is te r e d ......... . .. .. 1 9 1 9 o - g
1 1 2 # A u g '9 7
A
O
A tl A Ch A ir L in e in c . 1900
C o n g 4 b .......................... 104 8 M -N
Ci A M ar 1st gu g 4 # s . l 0 3 5 M
Col A G reen y 1st 5-0S.1916 J
119 D e c ’ 97
1 0 5 # ........ L 0 6 #
U N J R R A Can gen 48.1944 j l i - S
106#
115# 115#
E T Y a A Gft 1st 7 s .. . . 1900 J - J
1 1 5 # F e b .’ 08
1 0 5 # 108
114
115
D ivision al r 5 s .......... 1930 J - J
D R R R & B g e l s t g u 4 s g .* 8 0 F - A
112#115
1 1 4 # A u g ’ 98
. 3 107 113
lis
P en sa cola A A t. S « L A Nash
C on 1st g 5 s ................ 1056 M -N l IS Sale 118
98
P e o D e c A E I s t g O s t r r e c .'2 0 J - j
1 0 1 # A u g ’ 08
101#
G a P a c R y l s t g 5 -6 s .. 1022 J - J ........ 122
118 123
119 J’ ly *98
93
E v an s D ir l s t g 6s t r r e c .'2 0 M - g
115#
115#
96
K n o x & O h io 1st g 6s . 1025 J - J
112 1 1 7 #
90 J ’n e ’ 98
121 125
2d g 5s tr r e c 1st p d ,.1920 M -N
18#
R ich A D an c o n g 6s. . U U 5 J 1 8 # J 'n e '9 8
118 1 2 5 #
1 2 2 # A u g ’08
Pet> A East. Set C O C A Ft I,,
E quip sink fu n d g 5s. 1909 M - S *100
101 N o v '9 7
107
P e o A P ek D n la t g 6 s . , .1921 Q - F
90 J ’n e’ 98
120 M a y ’ 98
120 120
D eb Os s t a m p e d ...,, 1927 A - O 102
95
96
2 d g 4 # s ............... Feb. ,1 9 2 1 M - N
8 5 # M ay’ 98
108
85# 80#
V irgin ia Mid g e n 5 s . . .19 3 0 M -N 107
100 108
L 0 7 # A u g ’ 98
108
102 107
137 N o v ’ 97
Gt d stam ped........... 1930 M -N 107
P in e Creek reg gu ar 6 s .. 1982 J - D
107 J ’ n e '9 8
90
90
P itt# Cin A St L. Sec P e n a Co,
W O A W 1st oy gu 4s. 1924 F-A
8 7 # 90
114
P C C A S t L . Sec P en n Co,
113#
113#
W e s t N C 1st c o n g 0S.1914 J - J
ilO # 110#
. 107#
S A N A la . Set L A N.
P itts C lev A T o l I s t g O s .. 1922 A - O
P itt# A C on n ellsv. See B & O.
Spok FalisA N or l s t g 6 s .l9 3 9 T - J
Stat Isl R y 1st gu g 4 # 8 .1 9 4 3 J - D
P itt# F t W A Ch. Sec P en n Co.
P itt# J u n o 1st g 0 s .......... l u t z J - J
Sunb A L ew tstn l s t g 4s. 1930 J - J
Byra B ing A N Y . Sec D L & W ,
P itts A L E rie—2d g 5a .. 1928 A-O 5
, 114
rp e r A o f St L 1st g 4 # s . ’ 39 A-O
P it t s M eK A Y o— l a t g u 6 s.’ 32 J - J
1 1 2 # A u g ’ 98
109 1 1 2 #
2d guar 6 s ...................... 1934 J - J
no
J ’ ly ’ 98
L 1st co n g o ld 5S.1804-1944 F - A ♦ 1 0 7 # ,.
105# n o #
St L M B g e T e r g u g 5s. 1930 A-O
M cK e e A B V 1st g 0a. 1918 J - J
LOS O c t .’ 9 7
Terre H a u te E lec R y g 0 s .'14 Q -J ?
P itts P A F 1 s t g 5 s ........ 1916 J - J
, 1 0 9 * 109
104 1 0 9 # T e x A N O. Sec So P a c Co.
P itts 6h A L E 1st g 5 s . . 1940 A - O
109
1 107
1 st co n s o l g o ld 5 s .........1948 J - J
10$
108
T e x A P R y E div 1 s tg 0 b. 1905 M - S 1 0 8 # . . . .
98 J ’ ly ’ 97
18
02
30
107 1 0 7 # t07
P itt# A W e s t 1st g 4 s . . .1 9 1 ? J - J
Sale
107
91
1st g o ld 5 s . ........ ............ 2000 J - D
92#
0 gH 107#
76#
50
4 8 # Sale
G old 5 s .................. 1891-1941 M -N
5 2 # 50 A u g ’ 98
45#
5 0 # 3028 28
2d g o ld inc. 5s, D e o .. .2000 Mch.
39
50#
Third A v 1st g o ld 5 s___ 1937 J - J
117#124
P itts Y A Asli 1st oon 5s 1027. M -N *111
1 2 2 # J ’n e '9 8
104
.
885$ Sale
105
7 7 # 8 7 # Tol A O C l s t g 5 s ....... ..1 9 3 5 J - J
T > e&dlng C o g e n g 4 s ., , 1907. J - J
38#
84#
102 105
W e s t’ n d iv 1st g 5s — 1935 A-O 1 0 4 # .
X%» R e g is t e r e d — . . . .. 1 9 9 7 J - J
103 105
A u g ’ 98
G eneral g o ld 5 s ......... ..1 9 3 5 J - D
R en sselaer A Sar. Sec D A H .
K an A M 1st gu g 4a. ..199 0 A - O
R ich A D an. Se« S ou th R y .
76
82#
80 A u g ’ 98
40
9 0 # Sale
75
77
Tol P eo A W I s t g o ld 4*. 1917 J - J
78#
01
R io G r W e s t 1 s t g 4s ...1 9 3 9 J - J
91
69
78
A u g ’98
92
........
88
J ’ ne*9S
91
9 4 # T S t L A K C l s t g O str.1916 J - D
8 5 # 90
R io G r Ju n e 1st gu g 5 s . 1939 J - J >
90 A u g ’98
08
.........
98
100 # 100 #
p s w r A D el 1st o g 5 s .l9 2 8 J - D
54
60
RiO G r So 1st g 3 * 4 s '...,. 1940 J - J
98
104
J ’ n e ’ 98
R o c h A P itts. See B R A P.
J d o n E l»v . See B k lyn Kiev
Un E l (C h ic) 1st g5 a — 1945 A- O
R o m e W a t. A O g S e c N Y Cent
9 8%
00#
98% Sale
alt L ake C l s t g si 0a. ’ 03-13 J - J
Un P a c—B R A 1 g g 4a. 1947 J - J
88# 99#
30
80
Sale
98% 98%
95#
98%
81
R e g iste re d ......... . . .. .. 1 9 4 7 J - J
6 8 # 81
t J o AG 11 st p 2-3-4#.. 1947 J - J
80
9 8 # 99
T r Ob c tfs x 4 # s .........1918 M -N
8 t L A A T H . See Illinois Cent.
44
59#
59 J ’l y ’ 93
7 7 # Sale
TJ P D A G 1st o g 5 s t r r c . ’ 3 «
4 8 # 79
Bt L & Cat. See M ob A Ohio.
7QH
79
Cnl N J R R AC Co. See Pa R R
St L & Iron M ou n t. Set M P.
Utah A N orth. Set Ore S L.
Bt L K C A N. See W abash .
U tica A B lack R . Sec N Y Cent
8 t L M B r. Set T R R A o f StL
e r Val In d A W . See M o P.
Bt L ou is A San F ran cisco—
2d g old 6s Class A . .. .19 0 0 M -N 115
J ’ ly ’ 98
1 14
irginia M id. See South Ry.
115
104#112#
115#
1 15
ab R R Co l s t g 5 s .. 1939 M -N 112 Sale 112
2 d g o ld 0s Class B . . . . . 1906 M -N
U g#
89
Sale
1 14
2d g o ld 5 s ............. 1989 F - A
2 d gold 6s Class C .........1006 M -N 115
74# 91#
8S#
89#
A u g ’98
1st g 6s P ie r c e C A 0 ..1 9 1 9 F - A
D e ben tu re series A . . . . 1939 J - J
985
34 Sale
1 2 0 # Sale 119%
G eneral gold 6 s . . 1931 J - J
114 1 2 0 #
Series B ........... .............1989 J - J
21
34
29 %
31
120 #
1 0 5 # 107
l s t g 5s D et A C h E x t . .1941 J - J ♦104 106
106% ' 106%
97 1 0 5 #
G eneral g o ld 5 s ..............1931 T - J
1 0 4 # A u g ’ 98
9 8 # 106#
96
........ 100 J ’ ly ’ 98
9 2 # 100
S tC has B rid ge l s t g 6a. 1008 A - O n o
1 0 8 # 110
1st tru st g old 6 s ............ 1987 A-O
110 J ’ n e ’ 98
F t 8 A Y B B d g l s t g 6 s , 1910 A - O
W arren R R .
See D el L A W
105 O ct.’ 97
W ash O A W . See Southern
K an sas M id 1st g 4 s . .. 1937 J - D
8 1 # Bale
107 109
8 2 # W est N Y A Pa— l s t g 5s. 1937 J
81#
1 0 8 # J ’ ly ’ 98
St L A S F R R g 4 s , . . . 1996 J - J
82#
97
98
58
59#
58 Sale
G en g 3 -4 s....................... 1943 ASouth vr D i^ 1st g 5s.. ,1947 A-O
97#
4 7 # 59#
97#
97#
15# 10# 10#
In co m e 5 s ....A p r il , 1943 N ov.
10
16#
Bt L Bo. See Illin ois Cent.
Sale
W est N o Car. Sec S outh R y.
S t L S W l s t g 4s b d e fs , 1989 M -N
81
70
79»
8 0 * 141
W estern P a c. See Cent Pac.
Sale
85
25
192
34
8o
2d g 4s Inc b o n d c t fs . .1989 J - J i
W C hic S t4 0 -y r 1st c u r 5s. *28 M -N
00 N o v ’ 97
St P aul C ity Cab. c g 5 s . 1937 J - J
40-year oon g 5 s ............ 1936 M -N
G uaranteed g o ld 5 s . . . 1987 J - J
99 D e c ’ 97
115 117
W est Shore. Sec N Y Cent.
Bt P aul A D u lu th 1 s t 5 a .l0 3 1 F - A ..........1 1 8 # 117 M a r ’ 98
107
W V a A P itts. See B A O.
105 109
2d 5 s ..................................1917 A-O 100
1 0 6 # J ’l y ’ 98
120 122 # W V a Cent A P 1st g 6s. 1911 J - J
Bt P a u l M A M 2d 6 s , . . . 1909 A - O 123 1 2 4 # 1 2 2 # A u g ’ 98
W heelin g A L E l s t g 5s. 1926 A-O
. 109
D a k ota e x t g o ld 6 s . .. .1910 M -N 1 2 2 # . . .
12 2
A u g ’ 98
10 0 # 1 0 1 #
1 1 8 # 123
1 0 1 # M a r ’ 98
T rust Co certificates— . . . .
131 te . . .
128 IS O #
100
108
1st co n sol g old 6 s........3 988 J - J
LOO M a r ’ 98
1 3 0 # A u g '0 8
W h eel D iv 1st g o ld 5s. 1928 J - J
9 0 # 108 A u g ’ 98
R e g is t e r e d ..................198a J - J
90 108
E x te u A Im p g o ld 5s. .1930 F - A
02# 92#
1 0 8 # A u g ’ 98
105#108#
R e d u ce d to g o ld 4 # g 1933 J - J ♦ 10 8#
0 2 # M a r’ 08
-J
Cotjso! g o ld 4 s ................1 9 j 1 0 6 # M a r’ 98
35
35
R e g is te r e d .........
1933 J - J
35 J ’l y ’ 98
101
101
9 3 # 1 0 1 # WilkeB A E ast, See N Y S A W
M on t E x t 1st gold 4 s .. 1937 J - D
Wil A Sioux F. See St P M A M
96
90
90 F e b .’98
R e g is te r e d ....................1937 J - D
1 2 2 # 1 2 2 # W inona A St P. Sec C A N W
M in n U n ion 1st g 6 s ... 1022 J - J
1 2 2 # J a n .’ QS
181
Wl8 Cen t Co 1st tr g 5a .. 1987 J - J
118#132
34
N o v ’ 97
M o n t C 1st gu g O s .... 1987 J - J ♦129
1 2 7 # J ’ l y ’ 98
E n graved tru st certificates. . . . . .
5 3 # Sale
3 3 # 55
52#
54#
R e g is t e r e d ......... . . . . 1 9 3 7 J - J
115 A p r ’ 97
In co m e 5 s -..........
1 0 3 7 A -0 4
6
4
1 0 9 # M ay’ 08
107 1 0 9 #
1st guar g o ld 5 s . . . . . 1937 J - J
5 # A u g ’ 98
7#
R e g is t e r e d ...................1937 J - J
E M in n 1st d lv l s t g 5S.1908 A - O 111 % •
1 0 5 # 1 1 0 # M ISC E LL A N E O U S BO N DS.
1 1 0 # A u g ’ 98
dam s K x—Col tr g 4s. 1948 M-S 1 0 2 # 1 0 3
102
P -egistered ...................1008 A - O
9 S # 102
102
m C ot Oil deb g 8 a . . . 1900 Qu-F ......... 108
W ill A 8 F l s t g 5 a . .. . 1038 J - D 113
102#109
113 118
Sole 118
113
107
107#
Am D k A Im p 5s. See Con N J
R e g is t e r e d .................. 1988 J - D
Am Spirits M fg 1st g 6 s . 1915 M -N
05
84
88 #
Bt P A N or P a c. Sec N o r Pac
8 8 # Sale
88 #
A tlanta G L Co 1st g 5 s.1 04 7 J -D
BtP A S’ x c it y . See CSfcPM AOl
ar A S Car Co 1 »t g Os. 1942 J - J
B A A A P. See So Putt. Co. \
os U Gas tr c tfs 8 f g 5 s .'3 9 J - J
8 F 4 N P 1st i f f 5 * ,..1 9 1 9 , J - J *108
J 0 0 # O ct.’ 97
9 0 # J a n .’ OS
9 0 # 01

P

120 120

# no#

......

S

Y
W

los no
le#

A

B

* N o p rice Friday; thesQ are latest bid and asked this week,

O U TSIDE S E C U R IT IE S (G iven
E l e c t r i c C o n u p n n l c * . Bid. Ask.
120
R h o d e Island E lec P r o Co. n o
T o r o u t o (C an) E lecL t,C o. 1 3 0 * 1 3 0 #
100
T h om -H ou st W eld in g Co.
18
12
O nitetl B leoL W cP Go pref
83
85
B o n d s ...................... .
no
W o o m o o k e t ( R I) El C o., 100
F e r r y C e m p a u le * .
2 fk ly n A N Y F erry-S u bs. 112
3 7 « 88
N ew s to c k ........... ..
B o n d s ..................... .
5 » « « U7V4
92
H ob ok en F erry—S t o c k ...
91
i s t 5« 1 9 4 6 ............. MAN | i o o « 108
1 08
no
V p irn n n lllsn
0«

t B on d s d u e Ju n e.

at foot of

F e r r y Conipaniea.
N J & N V Ferry—S to c k ..
1st 5s 1 9 4 8 ............... J&J
N Y A E R Ferry—S tock .
B on ds 5» o f 1 9 3 2 ...........
N Y & S B Trans A Ferry
B on ds, 5s, o f 1 9 0 6 ........
10th A 23d Sts F e r r y ........
1st m o rt Cs 1 9 1 9 ...JA D
U n ion Ferry—S t o c k . .. .. .
l i t 6« 1020........... .M A N

Rn! Iron da.

A to Col A P 1st 0s tr c o cts
A t. .T

aA W

1 af. As t r c o nt.s

B id.
1100
70
$ 97
25
5 90
72
{ 98
43

{101
68
68

Ask.

101
73
100
30
95
80

101
43#
103
72
72

4 B on d s du e Ju ly .

II B on ds d u o M arch,

7 B on d s d u e J a o .

{B o n d s duo N o v

7 cokseootive pages).— FE R R Y & RAILROADS.
R a ilr o a d * .
A to h & P ik e ’s P e a k 1st 6s
A t e T& 8 F e gu f d 6s notes
A tl'ta A Ch A ir L I at 7 s ’ 07
At.l A P cts o f dep gu 4s at‘ d
B A O 3 # s , w hen issu ed..
D o 4s
“
D o p ro f
“
“
B oat A N Y A ir L in e —Com
P re fe rre d —See N Y 8 to
C a liforn ia P a cific 1st 4 # a
Do
2d m o rt gu ar
Ch Mil A 8 t P D ub D iv ’ 20
Do
WIs Vnl d iv 0s ’ 20

Bid.

101

Ask.

101
117
6
I 95#
S 92
02 H

95%
92%
03

ok E x ch.
98
95
{1 2 0
{1 20

R r t ilr o a d s .
Ch AN W i s t 7a M ad e x t ’ l l
D o M en om in ee e x t ’ 11
C h lcA T om ab 1 st 0 s l 905
N orth w U n . 1st 7s 1917.
F rem E lk A M oV al lsfc’ 83
Do
u n stam ped
W ln & S tP 1st e x t 7a ’ 16
Ch A E ast 111 sink fd c o l tr
CinA Bpgf 2d 7s gu C C C&l
J ack L A Sag l e t e x t 5a ’ 0.1
KlngBtou A P e m b I s t M . .
L N A A Oh 1st 0s C AI D iv
{A n d Interest,
tP rioe

Bid,
{1 3 0
{1 3 0
{1 0 9
{1 3 2
{ISO
{1 2 9
{1 3 0
104
103
113
per eh

142

A ugust 27, 1898 J

THE CHRONICLE.—BOND PRICES (.5 pages)
P rice
F r id a y ,
A u g. 26.

BONDS.

*-•2
t f . Y . S T O C K E X C H A N G E •2 S
W e e k E n d in g A u g . 26 .
B ’ klyn U Gas l s t c o n g 5s. . ’ 45 M -N
3 r 'k ’n W A W H ls t g S s .1 9 4 5 F - A
ah C oal Min. S w T C I & R .
G L A C C o. SeeP G A C C o.
C h ic J c A St Y d co l g 5a.. 1915 J - J
C learf Bit Coal. See N Y C A H
Col C A I 1st co n g 6 s . .. 1900 F - A
C ol C A I D ev Co gu g 5 s .. 1909 J - J
C ol Fuel Co gen g old 0s. 1919 M -N
Col F A I C o geu s f g 5 8 .1943 F - A
C olum bus Gas 1 st g 5 s .. 1932 J - J
J
Com Cable Co 1st g 4a .. .2397
R eg is te re d ......................2397
J
Con Gas Co. S et P G A C Co.
e B ardel C A I . See T C A I .
el A H Can. See R R bonds
D etroit City Gas g 5 s . . . . 1923 J - J
D et Gas Co con l s t g 5s.. 1918 F - A
D «t M AM Id gr 3% s S A .1911 A - O
d El 111 1st c o n v g S s.1910 M - S
1st con g 5s.............. 1995 J - J
E d El 111 B ’klyn l s t g 5s. 1940 A - O
R e g is te r e d ................................ A - O
Brie T A T col tr g s f 5 s .. .1926 J - J
Hq Gas L N Y 1 st con g 5s. . ’ 32 M - 8
S q G A Fu el. Set P G A C Co.
r 'i en E lec C o deb g 5s. .19 2 2 J
v J r R iv Coal A C l s t g 0 s ..’ 19 A - O
Gr R ap G L Co 1 st g 5 s . 1915 F - A
ack \Y reor 1st g 5s.. 1920 J - J
end B Co 1st s f g 0s. 1931 M - 8
£11 Steel Co deb 5 s ........... 1910, J - J
N on -con v deben 5 s . . . . 1913 A - O
I r o n S team boat Co 0 s . . .1901 J - J
Jeff A Clear C A I l s t g 5s 1926 J - D
2d g 5 s ..............................1920 J - D
K C M o Gas C o l s t g 5s. 1922 A - O
L a c G as-L C o o f S t L ls t g 5s’ 19 Q -FJ
Small b o n d s ............................ Qu*F
Mad Sq G arden l s t g 5s. 1919 M -N
M e t T A T 1st s f g 5 s ... 1918 M -N
R e g is t e r e d ..................... 1918 M -N
M ich P en Car C o 1st g 5 s .’ 42 M - S
M ut Fuel Gas Co See P eopG as
M at D a T el C o. See W n Un.
Nat Starch M fg C o l s t g 0 s ’ 20 M -N
N w pt N ew s S A D D 5s. .1990 J - J§
N Y A N J T el gen g 5s c y . ’ 2 0 M - N
N Y A O n tL a n d l s t g 08.1910 F - A
W oW estn T eleg. Set W est.U n.
? e o Gas A C 1st gu g 08.1904 M -N
2d gtd g 6 s ..................... 1904; J - D
1st con sol g 0s...............1943 A - Oj
R efu n d in g g 5s............. 1947 M - S
R eg is te re d ..................1947 M - S
C h G -L A C k e l s t g u g 5s’ 37:J - J
O o u G C o o f C h l8 t g u g 5 s '3 0 J - D
Eq G A F Ch 1st gu g 0s. *05 J - J
M u Fu el Gas 1st g u g 5 .1 9 4 7 ‘ M - N

B id .
115
92

W e e k 's
R ange or
L a s t S a le.

D

E

H

109% F e b ’ 97
100
104
80

95

J a n .’ 98
M ay’ 98

100
80

101% A p r.’ 98
104 F e b .’ 98

94% Sale
93
05
17% 18%

112

....

......... 118

102
104
84

101% 105%
104 104

94
94%
9 4 A u g ’ 98
17
18
112
112
117% 117%
113% J ’ n e ^
98% M ar ’ 98

. 108% 108 A u g ’ 98
95 % J a n .’ 97
.................. I l l

B id .
r*eoriaW a t C o g 6 s .. 1889-19 M -N
PI V a lle y Coal 1st g 0 s .. 1920 M -N
P ro cte r A G am b 1st g 0s. . ’ 40 J - J
St L T e r Cupples S tation A
P rop Co l s t g 4% s 5-20 y r ’ 17
-D
8 Y u ba W a t Co co n g 0s. . ’ 23
- J
Sp V a l W a t W o rk s 1st 6 s .’ 06i M - S
Stan R o p e A T 1st g 6 s .. 1946I F - A
In co m e g 5 s ....................1946
Sun Ck Coal 1st g s f 6 s ..l9 1 2 J - D
T e n n C o a lT D iv I s t g 6 s .l 9 1 7 A -O II
Birm D iv 1st c o n 0 s . . .1917 J - J
Cah C M Co 1st gu g 0s..’ 22 J - D
De Bar C A I Co gu g 0 s .’ lO F - A
U S L ea th Co 8 f deb g 6 s . ’ 13 M -N
V t M arble 1st s f 5 s ........1910 J - D
W e s t U nion deb 7s. .1875-00 M -N
R e g iste re d ........... 187 5-1900 M -N
D ebenture 7 s .. . 1884-1900 M -N
R eg istered........1884-1900 M -N
Col tru st cur 5 s ............1938 J - J
M ut U n T el s f ’ d 6 s . . .1911 M -N
N orthw estern T el 7 s . . . . ’ 04 J - J
W e stn Gas Co c o l tr g 5s... ’ 33 M -N
W h L E A P C Co 1st g 5 s .’ 19 J - J
W h ite b rst F ge n s f 0 s .. 1908 J - D

109% 109%

100

89
95%
90 103
10% 19
108 112%
114% 119
98 %
90

98%
108

U. S. GOV. SE C U R IT IE S.
U 8 2s registered — O ptional
U S 4s r e g iste re d .......... .1 9 0 “
U S 48 c o u p o n ....................1907
U S 4s re g iste r e d ..............1925
U 3 4s c o u p o n ................... 1925
U S 5s re g iste r e d ..............1904
U S 5s c o u p o n ...................1904
U S 6s c u r r e n c y ................1899
U 8 4s registered certs
o f in d ebt (C h erok ee) 1899

A u g ’ 97

! !! .* . !* 70 “ A p r ’ 97
.1107
.1 80
, 105% 104%

M ay’ 97
M ay’ 97
105

k100

105%

! ! ! ! ! ! ! i o 8 * , j ’i y v97
85
108

..........;107%

J ’ n e’ 97j
107% ;

105

108

...................... I l l
N o v ’ 97 . . . .
......................1107% J ’ ly ’ 98 . . . . 102
117%
117% ;
8 115
•......... 120

109
120

. .

....................1105%
100
........ 105 (104 J ’ly ’ 98
....................102% J ’ ly ’ 98

• N o price Friday; th ese are latest bid and asked this w eek.

O U TSIDE S E C U R IT IE S

102
101
102

P r ic e
F rid a y ,
A u g. 26.

BONDS.
N . Y . STO C K E X C H A N G E
W e e k E n d in g A u g . 2 6

H ia h . N o . L o w H ig h
2 109% 115%
115
60
92
91% 100%

A sk . Low .
..........115
Sale
9 1%

C

R ange
fro m
J a n . 1.

Page 5.

100%
100
108

7

t B on d s due M ay.

A sk . Low .

H ig h , N o .

101

R ange
fro m
J a n . 1.
L o w H ig h

......... 97%
93% Sale
83
116
104
104
104
104
111%

........
........
........
........
112

103% .

113

F e b ’ 97

79
Sale
23% Sale

495
79
24% 2302

79
24%

92%
99%

92%
98

J a n .’ 9S
A u g ’ 98

83

105% F e b .’ 9S
105 M a r’ 98

105% 105fc
105 105*i

112

111

112
M a r ’ 98

105
111

112
111

101

M a r ’ 98

101

101

see seventh ?a
98 A p r .’ 98
111% A u g ’ 98
111%
111%
12 7% A u g ’ 98
127%
127%
112
112
113% J ’l y ’ 98
102% A u g ’ 98

109
105
105%
98

........
........
Sale
70%
Sale

M ay’98
A u g ’ 98
A u g ’ 98
A u g ’ 98

108% 109
105
108
105% 105%
98 100

116 J ’ l y ’ 98
104 J ’ l y ’ 98
100% M a r ’ 98

115
100
98

110
104
100%

101

J a n .’ 98

101

101

128

F e b .’ 98

128* ’ 128*

93
88
74

93
J ’n e'98
A u g ’ 98

8%

87
87
65

8%

1000

.

9 8%
88
74

4%

\ B on d s d u e January.

RRs., BANKS, MISCEL.

R a llr o a d t.
Bid. |A sk. 1
B id IAsk.
M in c e I In n r o u H .
M is c e lla n e o u s .
B id.
M is c e lla n e o u s .
F idelity A D ep ( B a l t ) . . 50 140
N Y E id e b 5s gu Man R y .
98
T e x a s A P a cific C oal. 100
45
00
Schw arzchlld A Sulzb.100
50
145
G alveston W h a r f— 1st 5s.
No Pacific M o D ir 1st 6s. 105%
1st 6s 1 9 0 8 ............. A A O 102
101
103
S em et-Solvay deb 5 s ..
99
100
P lttsb A C on n ellsv 1st 7s 105
Sim m ons H ’rd w -C om .100 105
G enesee F r u it............. 100
......... T itle G uar A T r u s t... 100 *80
G erm an A m Real E st.100
D o c o n 0s g u by B A O 115
T re n to n P o t t —C om . .100
P r e fe r re d ....................100 116
7
120
30
23
Bt P E ast A G r T r 1st 6s.
P r e fe r r e d ................... 100
G lu cose Sug R ef-C om .100
Singer M fg C o ............. 100 410 (425
58% 59%
34
P r e fe r r e d ................... 100 x 0 «% 107%
gu by M llw L S A W est.
Standard O il..................100 422
422% T ro w D ire cto ry -N e w . 100
35
G o o d ye a r Shoe M ach. .25
37% 39%
04
T en n C IA R y c o n 6s 1901
Stan. Dlst. A D is.—C om ..
24% 25% U nion Sw itch A S ignal.50
G orham M fg C o-C om .100
D o So Pittsb 1st 1 9 0 2 ..
P r e fe r r e d ..........................
P r e f e r r e d ..................... 50 110
90
" 3 | 75
P r e fe r r e d ................... 100 110
T lck sb A M eridian 1st 0s 103
Stand U nd’ rg’ d Cable. 100 111
U nion T yp ew r—Com . 100
10
100
114
115
M i s c e l l a n e o u s . P a r.
Sloss IAS 1st 0s 1917; FA A
1st p r e fe rr e d ............ 100
G reat Falls Ic e ............. 100 110
99
88
125
A ck er Merrall A C on . 100
H a rtfo rd Carpet C o .. 100
03
Southern C otton O il.. .50
08
101
2d p re fe rr e d .............. 100
85
8<»
Am A ir P ow er o f N Y . 100
17
18
H eck-Jones-J M ill-P f.1 0 0
27%
Stat Isl R T 1st 0s’ 13A AO 107
U 8 G lass—C o m m o n .. 100
50
54
A m e rlc’ n A x e A T o o l. 100
13* 27*
P r e fe r r e d ................... 100
1st 0s 1 9 2 2 ..............MAS
70
02
2d 5s 1 9 2 0 ................. JA J
95
90
70
A m er Bank N ote C o . . . 50
40
80
70
41% H e r ’g-H a ll-M ar-C om . 100
StiUw-Bierce A Sm -V .100
U S P r o je c tile C o ........ 100
Am erican Brake C o .. 100
00
03
P r e fe r r e d ................... 100
W a gn e r P a lace Car. ..1 0 0 175%
8
101
S w ift A C o ..................... 100 100
5*
A m er. C aram el—C om —
45
50
H ob o k e n Land A I m p 't .. 100
1st 08.................................
W estln g h A ir B r a k e ...50 830
P r e fe r r e d ..........................
5 s ......................................... 105
9 7 * 100
Susq Coal 0s 1 9 1 1 ___ JAJ 115
W illlm a n tic L in e n C o ..25
Internation al E le v a t.1 0 0
A m er G ro c—1st p r e f.1 0 0
0
75
80
I T erm W areh—S t o c k .. 100
W o o l E x c h ’ ge o f N Y .1 0 0 110
10
A m er M alt’g C o—C om —S t Stic E x l ’t Internation al N a v ig ..l0 0
24
1st 0 s .................................
W o r th ’t ’ n P ’m p-C om .1 00
62%
. 70
90
P r e fe r r e d ................... in n
P referred —See S tock E rch. 11 St.
In tern ation al P a per 100 > See St o ck
.1 70
D ebenture 0 s ...................
Am P n e u m a t T o o l C o. 10
P r e fe r r e d ...............100 )
E xch list.
A m er P ress A s s o c’ n . .l 0 0 100
B on ds 0 s ............................ 110
110
112
B id. A sk .
B u n ks.
B id.
B an ks.
Bid. A sk.
B anks.
A m erican S crew ......... 250 115
140
Internation al P u lp ... 100
A m Sm okeless P o w d .1 0 0
Iron S team boat..........1 0 0 f
N. Y . C IT Y .'
K ings C o * ....
M erca n tile .. 107
A m 8 od a F ou n —Com . 100
4
8
6s 1 9 0 1 .......................JAJ
55
M an u fact’ rs. 250
A m e r ic a * ___ 350
. i M erch an ts’ .. 150
1st p referred ....... ...1 0 0
47
53
J o h n B S tetson —Com . 100| 45
M echanics*.. 225
A m E x c h .. .. j 165
M erch E xch . 110
21 p r e fe rr e d ..............100 j 15
25
P r e fe r r e d ....................100 100
110
i A s to r .
M ech A Tra*. 245
• M etrop olis*..
A m er Steel A W ire. >
Jou
rn
ea
y
A
B
urnham
.
100
12
17
St’ ck E x l ’ t
N
a s s a u ......... 200
M
t
M
orris*..
A
s
to
r
Place*
220
i.........
P r e fe r r e d ...............J s e e
P r e fe r r e d ....................100
70
80
B ow ery
Nat C ity ....... 385
100
300 "M u tu al*
A m erican S u rety ......... 50 100
170
K n ick erbock er I c e -----1001 87
N orth Side*.. 160
B roadw ay__ 230
240 (N a s s a u *......... 150
A m T y p e fo 'r s —Stock. 100
3 8 * 10
Bon ds 5 s ............................
90
101
P e o p le ’ s* — 190
B u tch ’sAD r.. 00
'N ew Arnst.*.. 250
L aw yers' S u re ty..........100 100
110
S cherm ’rh ’ n* 140
C e n tr a l......... 170
|N ew Y o r k .... 285
A m e r S t r a w b o a r d ....l0 0
2 9 * 80
100
L a w yers’ T itle I n s .. . . 100 153
17th W ard*. 100
C h a s e ............ 260
N ew Y o rk Co. 1000
A m e r W rin ger c o m .. .100 104
L orlllard ( P ) —P r e f.. .100 110
118
Sprague ........
C h a th a m ----- 290
800
IN Y N at E x ..
P r e f ........... ...................... I 114
M adison Sq G— Stock. 1 0 0 1
5
20th W ard*.. 185
N in th .............
C h em ical....... 3700
A m e r G ra p h op h on e— 10 1 2 7 * i 3 2 * :
35
2d 0s 191 9............. MAN
25
U nion*...........
C itizens’ ....... 125
19th W ard*.. 100
P r e fe r r e d .....................
130
137 j M aine 9 S.......................... 50
40
C i t y ................
W a lla b o u t* ..
N orth A m er. 130
A n d erson (J o h n ) T ob . 100
10
1 2 * M erch A M in ers’ 8 S__ 50 120
C o lo n ia l* ___ 147
"O riental* — 140
A u to m a tic V e n d in g ... 10
25
20
12
M ech ’ m cal R u h -C o m .1 0 0
T r u s t (J o s .
C o lu m b ia * ... 150
'P a c if ic * ......... 180
B a rn eyA 9m Cair-Com. 100
10
P r e fe r r e d ....................100
32
18
40
N. Y . C IT Y .
200 " P a r k ...............
C o m m e r c e ... 204
P r e fe r r e d .................100
55
M ergenthaler L ln o t—Set Bosto n list
A m D ep A L.
P eo p le s’ * . . . . 200
C on tinental . 125
135
0s 1 9 4 2 .....................J AJ
07
100
60
M eriden B ritannia Co. .25
55
A
tla n tic T r . . 135
90
270
P
h
e
n
ix
.........
Corn
E
x
ch
*
..
800
B erg n A Eng Br—See Phi .lis t .
M ich-P en Car—Com ..1 0 0
12
8
Central T r ’st. 1350
East R iv e r .. 125
Plaza*............
1st 0 s ................................ 105
110
P referred —Set N Y S to c k K xc h.
110
C
o
lo n ia l....... 192
118
11th
W
ard*.
I
P
rod
E
x
ch
*..
2
2
0
23
................M
AS
1
st
5
s
1
9
4
2
90
92
\ 10
C on tinental . 187
F i f t h ............. 220
R ep u blic . . . . 155%
110
125
M in neapolis Brew 1st 7s. 102
C onsolidat'd,
F ifth A v e * .. 2500
R iv e r s id e * ... 185
P r e f e r r e d ..................... 50 1 0 2 * 110
105**
M osler S afe C o ........... 100
Farm L n AT r 900
First
1Seaboard — 170
B on d A M ort G u a r ...1 0 0 190
M onongah ela W a t e r ...25
86% 37%
F ifth A v e Tr 340
First (S t Isl)
; S econd ......... 450
C arter-C rum e—P ref. .100
55
70
N at Biscuit—See N Y Sto c k Ex ch.
150
G uaranty T r 425
F o u r t h .......... 170
; S even th ......... 120
C ellu loid Co................... 100
04
68 |
P re fe rre d —Set N Y 8to c k E x ch .
K utck’ rb’ ck’ r 240
93
98
175
14th
Street*.
S
hoe
A
L
e
’
th
Cent A m erica T r ’ nslt.100
80
N ational Casket C o . .. 100
00
*
M a n h a ttan .. 100
Franklin
" S i x t h ............. 250
Cen t F irew ’ rks—Com . 100
2
25
N ational Saw—P r e f . . 100
M e r ca n tile .. 400
G allatin .
" S t a t e * ...........
300
P r e fe r r e d ................... 100
40
202
50
N attonal S u r e t y ...<..100
M etropolitan 800
103
({State
o
f
N
Y*
G
ansevoort*.
..
C hateaugay O reA Ir 6s ’ 15
40
75
N ational W all P aper. 100
05
N Y L I A T r 1200
G arfield......... 950
' iT rad esm en ’ s
Ches A O G rain E l—I n c ..
10
50
1 7 * N Y L oa n A I m p ......... 100
N Y Sec A Tr 370
G erm an A m * 112
! 1.2th W ard*..
4s..........................................
67
03
115%
N Y B iscu it 0s 1911. MAS 114
N
orth A m er.
200
23d
W
a
rd
*
...
G
erm
an
E
x*.
C h esebrongh M fg C o. 100 350
370
N ew Je r Z in c A Iro n .. 100 100
P rodu ce E x . 202
U nion............. 225
G e rm a n ia * ... 300
Claflln (H B ) - l s t pref.10 0
00
90
N Y A ir B ra k e -S e a N Y S tock K xch .
Real
E st T r ’ t 200
175
105
Union
8
q
*
....
G
reen
w
ich*..
2d p re fe rr e d .............. 100
88*
N ich olson File C o......... 50
48%
State T ru st.. 195
W cetera
H a m ilto n * ... 105
C om m on —See N Y Stock E xch .
1*6”
N icaragua C on stru ct. 100
8
U nion Trust. 1040
W e st S ide*.. 275
H a n o ve r....... 390
lark M ile End T h r’ d.100
75
Peck, Stow A W i lc o x ..25 t 1 »
U S Mtg A Tr. 290
95
Y o r k v ille * .. 170
H ide A L ’ ath
OMllna C o ....................... 100 113
P ega m oid (£ 1 shares)
Unit. States.. 1180
155
H om e*...........
C om stock T u n —1st I n c ...
2
4
104
P e n n sylva n ia Salt M fg.50 102
W ashington. 225
B R ’ KLYN.
H u dson Riv* 140
C on solld Car H eating. 100
82
8 8 * Penn. Steel 5.n 1 9 1 7 .M AN
BR’ K LYN .
215
B
e
d
fo
r
d
*
.
..
Im
p
A
T
rad
.
480
C on sol F lrew ’k s-C om .100
12
10
Pen n. W ater—C o m — 50
10
B rooklyn Tr. 390
200
B ro a d w a y * .. 190
Irving......... 147%
P r e fe r r e d ....................100
40
142
P h il A W ll Steam boat. 50 132
132% F r a n k lin ........ 225
Brooklyn*
L ea th er M fr. 170
C on K an C Sm elt A R ef.25
2
P n eu m atic G un Car’ ge. 10
85
H a m ilt o n .. ..
95
8th W a rd * ...
L ib e r t y ......... 140
C on sol R ollin g S tock. 100
17
20
4
P ratt A W h itn —C om ..100
K ings C o....... 280
107
5th A v e * .. .. 104
L in c o ln ......... 750
C ram ps' 8h A Hr: Bldg. 100
78
77
50
P r e fe r r e d ................... 100
40
L Isl L A T r. 220
390
380
200
F
irst...............
240
M
an
h
a
ttan
*.
D iam ond M atch C o ... 100 u o * 141
P ro cto r A G a m b le .... 100 245
M anufact’ rs. 237
200
180
F
u
lton*.........
235
M arket A Ful
E a s le y L a n d . . . , , ...............
105**
20c.
P r e fe r r e d ................... 100 100
N a ssa u ......... 159
100
G er A m e r* .. 90
M echanics’ . . 170*
H ppens 8m A W ie m ..1 0 0
10
75
R .I.P e rk in s H o rse Sh.100
P e o p le ’ s ------ 250
105
I
H
a
m
ilt
o
n
*
.
•
100
M
ech
A
Tra*
■ a stm a n K odak C o ...100
95
40
100
P r e f e r r e d ...................100
B rie A W estern T r a n s .50
05
80
t P r ice p S
R ussell A Erw in............. 25
* Banks m arked w ith an asterisk (*) are State banka.
F id elity A Casnalty. ..1 0 0 250
S afety Car H eat A L t.100
{ P u rch a ser also pays accru e d interest.

1100

83

111% 110

101

i B on d s d u e A p ril.

c o n s e c u t iv e p a g e s ) . —

is

!” ” !

(For daily record
Q -M
98
..........
Q-Jt I l l 119
Q- -J t. 111% 112%
Q - F ; 127
128
Q - F ; 127 128
Q - F l 112 113
Q - F 112 113
J - J; 102% . . . .
M ch

W e e k 's
R ange or
L a s t S a le.

113

8 T A T B SE C U R IT IE S.
108
Alabam a—Class A 4 t o 5.1900 J - J
108
Sm all.............................
Class B 5s........................ 1900 J - J 100
90
Class C 4s......................... 1900 J - J
90
Currency fu n d in g 4 s ...1920 J - J
D ist o f Colum bia—3 * 65 s.l924 F - A 117
L ou isiana—N ew c o n 4s.. 1914 J - J 103
S m all............................
M issouri—Fu nding. ..189 4-9 5 J - J
N orth Car—Consol 4 s ... 1910, J - J
Sm all.......................................... I J - J
0 s . . . . v............................... 1919 A - O 125
So Carolina—4% s 2 0 -4 0 .1 9 3 3 J - J 103
T e n n —New se ttle m ’t 3 s . 1913 J - J
93
Sm all.......................................... J - J
75%
V irgin ia fu n d d e b t 2 -3 s .l9 9 1 J - J
J -J
R e g is te r e d ........................ .
0s d eferred b o n d s .................
T rn st ranoirif® stnmnfld

t Bon ds due J u ly .

(G i v e s a t foot of

io s

415

|A s k
55
*90
10
39
45
05
115
12 %

102

98
28
80
100
170%
810
120
28
Q8
A sk .

101
255
345
175
195
150
105
215
145
100

198
950 ”

........

........
........

I*

•so*

205

soo"
405
235
238

101
258

THE

4 16

C H R O N IC L E .

[Vol. LXVI1*

Boston, Philadelphia and Baltimore Stock Exchanges -A Daily and Yearly Record.
r y
M a lu n U iy ,
A u g . 20.

s’ h i t r e P r i c e * — S o t P e r C o u t u m
M onday,
A u g. 22.

T u esd a y,
A u g. 23.

.
71% •......... 72
33%
23 % 23%
83 %
23 % 23%
*..........24 o
285
j
0S
09
68%
*
•225
836 226
o
165% 10fl
105%
1 1 1 9
117
126% 180% 195%

71%
23%

o

“

: * r
• s o n .........
' 1

o
S
;
.- : :*
I 66% 06%
- ~
I a

U 2 % 113%
26% 30%
41% 42
51% 5 t%
104% 104%
•39
40
91
91
s iis
OJt

a lit
5H

8 7% 38
T8M 77
•198
195
35
35
5 9% 59%
94% 04%
9 15-16
S*9s 3*W
2BH
0S«
2 1%
8 7iJ

23%
05J4
a :%
«7V.

282 284%
140% 141%
115% H 5 %
227 228
■4SH 2 5 ) .
590
500
0 6% 60%
28
23%
84% 34%
41% 41%
74
74
09
70%
♦21H
5%

5%

72
«3 %
285
08%
105%
118
125%

112
112%
20% 20%
42
43
104
•39
91

101
40
91

31M 21%
0
0
•80% . . . . . .
SfM S T «
70
* ...
104
59%
94%
9%
22%
•11

5*j%
94%
22%

28%
«• »« «;>»*
■20M 21%
S7M s t m
284
1 3 8 -s
115%
327
21M
590
60
22%
41
73
69
*21%
5M

0

28
28%
28
29
2 1 ^ 22%
a iM 2 m
121% 122% 120W 121%
l o H 15%
15M 10%
50
50
50
50
•1
1
1
'H
31% 32
MM s i«
*
•57%
58
oS
* B id and asked prices; n o mile was

INACTIVE STOCKS B id .
R A I L R O A D S .—P r i c e s | A u g .
A t T o p A S F e . .{B o s t HOG­
AN A C h a rlotte(B a lt) 100 114
B alt & O h i o . . ..
“
100J 16
B o s & M ain e p f.(B o s t) 10C 153
B oston A P ro v , “
100
C a ta w lssa......... (P h il) 50
53
1st p r e f . . . . , . , '**
So
Central M o s s ...(B e s t ) 100
54
P r e f....................
“ 100
30%
Central O h io ...(B a lt ) 50
C h ic & W M ich .(B e s t) 100
Ctt’ s St o f I n d s t (P h il) 100
C ity A S u b u r b .. (B alt) 50
C on n A P a ss u m (B os t)1 0 0 153
C on n R i v e r . .. .
“
100 255
F lin t A P ere M . “
100
39
P r e f....................
“ 100
G ’rm an t'n P ass(P h U ) 50
‘■40* ’
H e s to a v M A T
“
50
P r e f .................
50
10
H u n t A B roa d T "
50
P r e f ...................
“
50
10
K C F t S A M ..( B e s t ) 100
45
P r e f ...................
“ 100
L ittle S c h a y lk .(P h ll) 50
M aine C e n tra l.( B oat) 100 182
M etrop ol Str . .. ( P h i l ) 100 106%
M lnetnll & S H .
“
50
55
N e sq u eh on 'g V . “
50
35
N ew E n g la n d ..(B o s t)1 0 0
P r e f ...................
“ 100
N orth P e n n — (P h il) 50
50
N o & W Branch
50
P en n A N W . . .
“
18
50
P h i! A E r i e .. . .. “
50 135
P h il G erm & N . “
100 256
U nited N J ........ “
50
1AM
U nited T r o f P . 11
50
P r e f ................. M
AAM
W e s t End p ref.(B oa t) 50 105
W e st Jer & S S .(P h il) 50
84 H
50
W ea tN Y A P a .
“
W iaoon Central(Bosfc)100
2
100
3
P r e f ................
“
LUO 125
W o r Nash & It
“
M ISC E LL A N E O U S .
A llo o e * M lnlng( B ost) 25
4M
2
A m R y El L t .l.( P h i l)
A n a co n d a M in . ( Boat) 26
A n n iston L and. “
100
A rn o ld M ining. “
25
A sh Bed M in 'g. **
25
28
A tla n tic M in’ g . “
25
19
B altic M in lD g.. “
05
B a lt W a r e h o W B a lt ) 20
21
B ay S tate G n»T. ( Boat.) 5 0
60
Berg& Eng B r 'w (P h h ) 100
P r e f . . . . ......... “
100
B o s to n E lec L t ( B o s t ) 1 0 0 148
4
B oston L a n d .. . *' • 10
B o y lston St L ’d ”
15
52 U
C am bria i r o n . . (P h il) 50
78%
Canton C o......... (B a lt) 100
C en ten M in in g .(B o s t) 25
24
Central T ra n s. . f Ph il) 38
D om in Coal p f.(B o B t) 100
100 183
E d ison Kl III
25
F t W a yn e E lec?
14
25
Franklin M in’ g.
5
F ren ch B a y M u
100
G eneral E le c t ..
97
100
P r o f .................

11

14%
13% 200
40

07%

1%

20%
1

41

72
•S;iM

72
23%

A C T IV E

F r i d a u,
Aug. 2d.
•70%
2J%
SSM
235
fill
•223
105
n sm
125%
•123
113
at) ,
AIM
SIM
•104
All
92
72
SIM
0

R a ilr o a d

0%
•144
27M
21M
120
10
■>*M
*1
*31%
58
m ade.

7HM
09
21M
m
21M
131
16M
■UMi
5Vs
S«M
58
tT r.

N orth ern P a o ltlc .
Preferred .

In t B u tH & S M

B id .

A sk.

2

3

P re f.
P a rro tt SQ&Cop
P eu nsyl S a l t .. . ( ]
P eu n svl S teel?.
P r e f ? ..............
P h il’ delphla Co(J
P u llm an ’s P a l . .
Q iuucy M in ing.
R e e c e B u ttonh .
Santa Y sabel G
T a m arack Min.
U nited El S e c ..
P r e f .................
W a te r P o w e r ..
W elsb ach ComT(;
P r o f ? .............

....... i d o
57% 58
22
23
l S ) f L»M
42
to
36
37
190
189
119
119%
11% 12
0
5^1
174
175
.........
•%

i
20

70
27
1%

27^4

I5 ou d «—B o s to n
A m Bed T e l 7s. 1898 FA A >101%
1 93 m
| 72%
B & M 3d is 7 s .’ 02-07 M&N
B o sto n T e rm ’ l 3% s. .1947 a l0 9
100
B os UnGtts l s t 5 s / 3 9 J&J ! 93
97
2d M 5 s ..........3 939 J&J | 79
Bnt-& M o R lv e x 'p t 6s.J&J f 119
N o n -e x e m p t 6 s ."18 J&J f i o ?
P lain 4a......... 1910 J&J 1 98
Ch B u r& N l s t 5 s / 2 6 A AO |lO0%
2d M 6a......... 1918 JA D | l04
15
AAM Ch B ur A Q 4 s . 1922 F A A «100
Io w a D iv 4 h. 1919 A A O { 98
100
Ch Icago J u n c 5s. 1915 J AJ 111 4
Ch A N o M gu 5 s . ’ 31 MAN a 58
*i
Chi A W M gon 5 s .’ 21 JA D } 70%
3
Con. o f V e n n ’ t 5 a / 13 J&J * 73%
5
Curr’ t R lv 1st 6s.’ 27 A&O 3 75
D G R & W l s U s / 4 0 A&O { 87
4 MS D om in Coal Iat6fl/13M & 8 ,}.........
8H Eaat’n 1st M Os g /0 6 M AS i ll S M
F r Elk AM V 1st 6 s '3 3 end 1137
U nst’ p 'd 1st 0s.’ 33 A&O l l 3 7
U lln Steel c o n v 5 » .’ 10 J&J i 97%
17
D ebenture 5s. 1913 A & o 1 98
.3
K C C & 8 1 s t 5 mg .’ 25 A&O ...........
K C F tS & G 1st 7a.’ 08 JA D {1 1 5
K C F S A M con 6s.’ 28 MAN 1108
K C M & B 1st 4 s ./8 4 M AS ! 81
In co m e 5 a . . . . . . . . .
3 37
E C & M Uy&B 5a,'2 0 A&O |101
K 0 8 t J o & C B 7 s /0 7 J&J ?120
L a m s’n St’re S 6 8 /0 9 M AS J.........
L R ock A F S 1si 7 8 /0 5 J&J §103
L E& St L l « t 6 a g /2 0 A&O ♦ 40
2d M 5-0 g ....l 030 A&O
74%
20 % M ar n A Ont 0 S ../2 5 A & 0 $ n o
M e x Central 5 s.l91 7 A&O $.........
4s u ...................1911 J&J $ 85
la t c o n IncSe gn on -eu m
12%
2d c o n tn c 3s rion-curo..
14% N ow Eng T e le O a/99 A&O $100
R s.................... 1907 A&O
4 1 % N VAN Eng lid 7 s /0 5 J&J
1st ranrt 6?.. ..1 9 0 5 J&J i l i a
99

29
19%

9394
111
94
80

107
104%

60
80
87%
l iio
98%
97
85
104
30

4%
53

iii
05%
13%
0

%

iiT '

00 Jan. 4 7 5 ^ F eb . 11
21$* A p r. 20 2 4 1* F e b . 14
2 Ilk M ar. 1 2 1 24$* Fab. 23
317% M ar. 29 250 A u g . 9
52& M ar. 20 09*4 A u g. 26
215 A p r. 2 220 A u g. 18
100 Mar. 12 1711* Jan. 7
85M Mar. 20 110*4 A u g. 18
102 Mar. 14 120% A u g. 18
105 Mar. 12 121 A u g . 22
83% A p r. 21 I U W AUg. 26
9 F eb . 25 27 A u g . 24
2 7 ?f Jan.
4 42% A u g. 26
37 J an. 3 53 A u g . 11
98 M ar. 28 106 A u g . 9
274* M ay
9 42 A u g . 26
84
M ar 25 9 2 % A u g. 25
55 M av 3 731* A u g . 25
195* Ju ly 22 20% Jan. 3
0% Jan. IS
4W A p r. 6
70*6 Jan . 5 4 83 J u n e 30
19 F eb . 24 41 A u g . 20
5 7% M ar. 26 78 A u g . 26
0
1855* M ar. 10 105 Ju ly
1951 18 J an. 4 35 A u g . 13
I.
374 12 0 0% F e b . 7
55% Mar.
J.
425 25 94«* A u g. 2Z
77
Mar.
6
i,02O
13-10 M ar25 11H Jan.
L,785 181* Mar. 20 27 1-10 Feb. 3
d io
9% Mar. 25 14 9-10 Feb. 5
>,207 1056 M ar. 25 32% A u g. 2 5
>,998 47 M ar. 25 (579* A u g. 26
1,728 12% Jan . 3 213* A u g, 22
i,1 0 I 78 M ar. 25 879* A u g . 11

, (P h ila .) .

O regon Short L in e ,.....................
“
P e n n sy lv a n ia ............................ (P h ila .) ..
P h iladelph ia T r a c tio n ...........
“
R ea din g C om pany.......................
“
1st preferred ..............................
“
2d p re fe rre d ..............................
“
U nion P a c i f i c . . . . . . ..................(B o s t o n ) ..
“
P r e f e r r e d ...................................
U nion T r a c tio n .........................( P h i lo ,) , .
W esfc End S treet............ .
(B o s t o n ),.
M is c e lla n e o u s S t o c k s .
283
283% 283% A m erica n Bell T e le p h o n e ... (B o s t o n )..
283
A m erican Sugar R ed n in g V..
“
141% 143% 14AM 1A7
“
115% 115% i ISM 1 ISM P r e f e r r e d ? ...........................
220%
22S
2S8M 2 - 9
•- am 25 lB u tte Sc B oston^ ..
m i a iH
*
ooo
585 5 8 5
65M 60
65% «5 H
22% 22% D om in ion C o a l....................... (B o s t o n )..
2 iH
34£( 34-'t( E le ctric Storage B a ttery V .. ( P h i la .) ..
35
42
P r e fe rre d ? .....................
“
41M AIM *41
........... .. ( B o s t o n ) ,.
73
73%
78M 74M rie T e le p h o n e .
70
70%
60
70
2 1H 22
a iM 21%
37%
37*1 38
0«
8M
AM
6M
. ( B o s t o n ) . ..
•111
♦HO
145
20% 29%
28% 20%
Pa.
M
fg
.
L
ig
h
t
A
P
o
w
e
r
?
..
.
(P h ila .) ..
21% 2J!>s
SIM SIM
120 121
U nited Gas I m p r o v e m e n t? ..
“
118M 120
16%
1 States O il......................(B o s t o n )..
16
113M 1TM
ach Light ? ......................( P h i l a .) ..
*50
51
4SIM 51
1
1 W e s t E n d L a n d ....................... ( B o s t o n ) ..
•1
m
“
32%
•S'.
Sa W estin gh . E lectric & M fg - . .
58
58
P r e f e r r e d ....... ............................
“
♦57% 6SM
T r, reel s. ? E x rights.
receluta; al Ml natal paid.

W o lla s to n L 'd .
167%

S tock s.

71%
23%
s ,M
235
B o sto n & A lb a n y .................... (B o s to n ).
BUM,
225 1B oston A L o w e ll. . .
105 !
“
h u m Chic. Burl. A Q u in cy ........... .
125% C h ic. June, & U u .S to c k Y ds,
*'
Pr e f e r r e d .
.
124
...............
“
114% Chic, M ilw aukee A St. P a u l. ( P h ilo .' ..
41
a ti« C h octaw O klahom a Si G u lf ..
“
ASM P re fe rre d ....... ..........................
"
SAM; mtsol. T ra ctio n o f N. J , ? . ..
104% F itch bu rg, p r e f.......................(B o s t o n ) ..
AS Ga. Southern & F lorid a ......... (B a lL ) ..
92
1st p r e f e r r e d ...,,........... .
"
72%
2d p r e f e r r e d ...........................
“
SIM L eh igh V a l l e y . , ............. (P h ila ,) ..
0 M exica n C en tral......................( B o s t o n ) ..

240
2 40
240
240
08% 03%
ASM «*?*
•235
•325
•105
100
107
100
llS h
117M 118% 117
•125% 126
12 5% 120
123% 123%
112% 112% 11SM n a i <
■J8«l 27
a?M 20
4ia$ 41%
4in< 42%
51% 51*4
51M S 1*1
104
104
104
10 i
•39
• . M 42
92
92%
93
92
72% J 73% 7S%
71
2IM a iM
21% 21%
0
0
0H
5M
*80% 82
*80%
40
4!
STM SSM
S»M SUM
775* 78
7I3M 77M
76% 77
»
* ...
*103
193%
195
195
35
35
35
*33
35
•33
59% 59%
59% 5914
SUM su m
92% 92%
94% 04%
STM 94%
9 13-10 OT*
9$*
m
9% 9 0-10
22 9-10 22*%
22 MIS
22M 22M
11
11
i : 1-16
11% 11% i i
29 ?i 32%
29
aoM
28T^ 29%
05->* 07 H
04% 05%
05
»SH
2m
2QK
20% 2094
SOM
so m
87
87
87% b 'in
STM s t m

73%
09
2 1%

^ d t fA* „
.. „.
o f (h e R l*n £f6 o f S a le s t « 1 8 9 8 .
W e e k . '--------------------------------------------- \S h a v en
L o w e s t.
| H ig h e s t .

STOCKS.

11 l a d l e u t e a u n lis t e d .

182
155
2S0

&

10%

72
23%

Ask.H STO C K S -BONDS

14 2(14%.

56

23%

284
288
2S3%
141% 1 4 0 % 1 4 t%
115% 11SM 115M
227
227% 220
25M
SSM 24%
•
590
BOO
00
65M 06
23
22%
M
41
VIM
69
22

P r ic e * .

W ed n esd ay T h u rsd a y,
A u g . 24.
A ug. 25,

B id . 1A s k
BONDS
R o s i o n —C on clu ded .
Ogd & L C c o n 0 s /2 0 A&C ♦ 95
2d 5s...............18 9 8 F& A
W e st Enu St o s . . ’ 02 M AX
4 % s ................ 1914 M AS
G o ld 4 s ......... 1910 MAN
4s .................... 1917 F& A

$100
107
$100
107
$105
« ..........
$104%
ao*M

100
100
100
25
25
25

100
100

100
100
100
100
50
50

100
100
25

50
50
25
5
25
50
50

Mar. 12 285
Mar. 20 147
M ar. 25 110%
4 220%
Jan.
12 28%
3 000
489 Jan.
52M Jan24%
14 Mar.
37%
1 8% Mar.
42%
21 Mar.
75
59}* Mar.
44 }* Mar.
70%
20
Mar.
43%
37 J u ly
5 M ay
144
. . . . . . ! 120 Mar.
32%
1 7 ,248 21 J* Jan.
42,269!
6 A p r.
12,370 9 7}* Feb. 24;124
5.249. 10% Feb.
33% Feb.
200
l
Jan.
050 20 'A Apr.
226 50 Apr.
187 238
86,613! 1079*
5 68 H 03
3 ,184 149}*

A u g. 15
A u g. 20
J an. 6
A u g. 10
Feb. 2
A u g. 1 8
A u g . 18Ju n e 8
A u g. 2
A u g. 2
A u g. 10
A u g, 22
June 8
Jau. 7
Jan. 1L
A u g. L
Mar.
A ug.
A ug.
A ug.
Ju ly
Jan.
Aug
Aug

66%

H‘%
22%

20

BONDS
B a l t i m o r e — C o n e lu ’ d.

2%
s2&
58%

1 B id .

W e s t N C c o n 08.1914 J&J I
W e s t VaCA P I stOg.’ l 1J&J I
W ilC o l& A u g 0 8 .1 9 1 0 JA D
W il A W e ld o s . . 1935 J&J

Ask

114% 115
108%
....
115

R o n d s — P h ila d e lp h ia
A t l City 1st 5 s g . / 19 M AN
B uffalo R y c o n l s t 5 s , / 8 1
Cataw issa M 78.1900 F A A
52
B o n d s —B a l t i m o r e .
58
Ches&D C a n ls t 5 s /1 6 J& J
A tl A Ch 1st 7s.190 7 J&J 119
C h oc OkJa A G p rior lien 0s 107
A tl G -L lght 1stos 1917.1 AL
103*'
G eneral 5 s . . . . 1919 J&J 102
Bait Beit lst.5s.t90O.M AN 10054 101
C ft’s ’ St R y (In d Icon o s /3 8
79%
Bui tC Pus 1st 5s. 1911 MAN 1 1 5 m
Colum St R y la t c o n o s /3 2
B ait F u n dg 5s. 1910 M&N 122
123
C olum O Crosst l s t 5 s ./3 3
E x ch an ge 3 % s.l9 3 0 J A J 107
107% Con T r a c o f N J 1st 5 s ./3 3 100 % 107
B alt& O bio 4 s g . 1985 A& 0 117
D e l& B Bk I s t T g /O o F A A
E ast A A 1st M 5 s /2 0 M AN
Stat Isl 2d 5 fs. 1920 J&J . . . . .
E d ison E le c 5s stk tr cti’s.
5.........
E lec& P e o p ’ s T r 'stk tr e tfs
95%
E lm A W ilm 1st O s/10 JAJ
In co m e 5 s... .2 8 6 2 AA O 105%
E q 111 G as-L 1st g 5s. 1 OSS lOOifi
5 ......
B & O SW lB t4% g.1 990J&J 10 L 102
H e sto n v M & F co n 5 s /2 4 114
B alt& P 1st6sm 11 0 1 1 A AO
H A B T o p c o n 5 s /2 5 A vO
In te rn e t N av 08........1906
Bui T rac 1st 5s.1029.MAN 115
K C Sub B l s t 6 s . / 2 0 JA D
E x t & Im p 0s. 1901 MAS 105M 10534 K C P & G 1st 5 s ./2 3 A A O
78
N o Balt Div 5s.l912.JA D 115% 116
110 % :
L eh igh N av 4% s. / 1 4 Q-J 110
102% 104
R R 4s g ..........1914 Q -F
CapeFA Ysr A 6g. 1910 J AD
C on sol 7 s.......1911 J&D
71M 75
44
1st 6s ser B ..1016 tr rec
50
G en M 4 % s g . . 1924 Q-F: 102%
1st 0s ser C.,1910 tr rec
44
4.7
L e h V C’ l 1st 5s g / 38 J&J
95
Cen t O hio 4% s g / 3 0 M&S 104M
L e h V al e x t 4s.. 1948 J&D 111 %
.
T
t
y
Centra] R y 6 s ... 191 2 J&J
2d 7 s . . ........... 1910 M AS 127%
Consol 5 b . . . . 1932 M&N i i 7 %
C onsol 6s.......1923 J&D
117
Ext. & Im p 5S.1932M &3 115
116
A n n u ity 0s......... ...J & D
CliarlCA A extOs. 1910 J AJ 108
109
114*
N ew ark P osb c o n 5 s .l9 3 0
Chesap Gas 0 s .. 1900 J A D 1 0 1 M
N Y P h & N o r ls t 6 s /2 3 J&J
115
N o P e n n 1st 4 a ./3 0 M&N
C ol& G rnvlst 5-6.1917J&J 118-M 117M
G en M 7a........190 3 J&J
115
113
C on sol Gas 0 s . . 1910 J& D 117M
P en n ge u 6s r.. .1910 V ar
5s.................... .1 0 8 0 JA D 110
C on sol 0a c . . . . 1905 V ar
G a &Aialst,pf5sl945A&<_> 104M 105
Consol 5s r . . . . 1919 V a r
.-H« M
; 1 ..."
'.'V" 1
C o lla tT r 4% s g / 1 3 J&D
»1M 95
SeorKtaPIfltS-Os 1 H22J&J U 0M 120% P a & N Y Can 7 s ./0 6 J&D
Q»8o&K!tt Jst. 59.194 5.) AJ 100% 10694
Cons 5 s ......... 1939 A&O
L a k e R El lstgu 5s'42 M & S U 4 « 11 DM
Cons 4 s . . . . . . 1939 A & 0
Mac&N 1st 4 %s. 199 0MAS
P en n Steel la t 5 s /1 7 M&N
90
M etSt( W ash) 1st 53*25 FA 118
HUM P e o p le ’ s T r tr ce rts 4 s /4 8 105%
N ew Orl Gas 1st 5 s ... Var 100
P erk iom ls t s e r 5 a /1 8 Q -J
N orthC ent 4%a. 1 9 2 5 A & 0 112
104
......
P h ila E le c gold tr a s t c tfs
0s 190 0.................... A&O 105
P h& E r gen M 5 g /2 0 A & O
6s gold 1900 ............ JAJ 104
G en M 4s g . .1 9 2 0 A&O
6s 1 0 0 4 ...................... J&J 1 12
Ph A Read 2d 5 s /3 3 A&O
Series A 5s 1920...... J&J 117
C onsol M 7 s .. 1911 J&D
Con M 6s g . .. 1911 J& D
125
Series* I! 5s 192 8...... K U 117
E x t Im p M 4s g / 4 7 A& O 103%
Oh lo&M 1st7ST> 100 5M &N 107M 108
Pitfs& C on 1st-7s 1898 J&J 108
Con M o f ’ 82 4 b/ 37 J&J
P itt U a T r a c 5s. IHUT.l.t.l 104
105
10-yr b f 58 g.1 0 0 2 F&A
PotornV ul 1st 5a. 10 41 ,JA J ■•••»•
Term inal 5a g.1941 Q -F
3 e c A v T n (P llt s )5 s ’ 34J&D 118
P W il & B u ll 4s. 191 7 A&O
104
C ollet tru st 48.1921 J&J
Pitta C & S tL 7s. 1900 F&A
V irg Mid 1st 0s, 1906 MAS 110
Read Co gen 4s, 1997 J&J
2d aeries Ga.. 1911 MAS 119
83% 8 3%
3d series 0 a ,. 1910 51 A> 117
1 17M R o c h eat e r R y c o n 5s. 19 3 0
96
S ehR E S ldelstA a g ’ 35J& D 105’ * 106 ”
4th ser 3-4-58.1921 M&S
U nion T e rm 'l lat-Oa.FAA
6th series 5s. 1920 M&8 105
M
83
V a (S tate) 3s n e w /8 2 J & J
United N J 4 s .. 1944 MAS
75 % 7 0 « U n T ra cP itt«g e i)5 s ’ 97J&,l 104% 105
Fund deb»2-38,1091 J&J
101
SAnd accrued Interest.
3s....................... 1900 J&J
’■Price tncnidea ove rd u e coupo|na.

100%

77^

ii7*

102
103H

122

?Unli sted.

A ugust 27, 1898.]

THE

C H R O N IC L E
R o ad s.

% n m s tv a m t

§LaxXr0axl

W eek orM o

A.VD

RAILROAD EARNINGS.
The following table shows the gross earnings of every
‘STEAM railroad from which regular weekly or monthly returns
can be obtained. The first two columns o f figures give the
gross earnings for the latest week or month, and the last two
columns the earnings for the period from January 1 to and
Including such latest week or month.
T h e r e tu r n s o f th e str ee t r a ilw a y s a re b r o u g h t to g eth er s e p ­
a r a t e l y o n a s u b seq u en t p a g e .
L a te s t G ro s s E a r n in g s .

J a n . 1 to L a t e s t D a le

R oads
W eek orM o]

1898.
$
I S ,145
3 3 ,4 2 2
6 8 ,4 9 3 ,

1897.

1898.
$
I
1 0 9 ,0 6 1 1
1 ,0 6 8 ,1 6 4
4 0 6 ,7 9 0

1897.

$
1 3 ,2 3 2
A d i r o n d a c k ........[ J u n e ............
1 0 0 ,3 3 0
3 0 ,8 2 1
A l a . G t. S o u th ..i.-< d w k A u g .
9 7 1 ,0 6 3
A l a . M id la n d .. . . ; J u n e ...........
4 9 ,7 5 5
3 3 5 ,2 3 7
A l a . N . O .T e x . A P a o . J u n e .
N O rl. A N. EJ J u l y .............
1 0 9 ,4 8 5
9 8 .1 6 3
8 0 0 , ,216
7 1 5 ,7 0 5
A l a . A V io k s b . J u l y ............
3 9 .1 3 6
4 3 ,8 7 6
3 7 8 , ,4 8 8 '
3 1 5 .7 5 2
V i c k s . S h .& P . J u l y ............
4 4 ,7 9 0
3 9 ,1 8 5
375, 4 6 5 1
2 9 0 ,3 1 0
218 .082 | 1 .4 8 3 , ,179 1 ,3 6 9 ,8 1 6
A l l e g h e n y V a l . . J u l y ............
2 1 9 ,5 5 7
2 5 ,6 5 6
A n n A r b o r .......... 3 d w k A u g .,
2 5 ,4 7 3
908, 798
7 9 8 ,5 3 6
8_ .3 0 1_
A r k . M i d l a n d . . . I u n e ..........
5 ,9 5 0
55, ,0 6 8 1
4 4 ,4 6 7
A t c h . T . A S .F e .e J u l y ............ 2 ,7 6 6 ,9 9 3 ,2 ,5 9 4 ,2 3 1 2 1 ,5 5 5 ,.3 3 6 1 8 ,6 7 5 ,2 3 1
M aa yy ............ 1 1
4 ,5KOn
90
A t l a n t a * C h a r .;M
'2
r>A
1 2 1 ,4 2 5
668 2971
6 8 2 ,9 5 4
A t l . K n o x . * N o .'J’ u l*y
2 4 ,2 1 8 ]
2 4 ,5 ^ 8
176 , 4 6 1 1
1 4 9 ,8 1 1
3 9 ,4 9 0
3 7 .7 5 9
A t l a n t a * W . P . J u n e ..........
2 7 3 ,128
2 6 4 ,0 3 5
1 1 ,4 2 4
A t la n . & D a n v . .; 2 d w k A u g .
1 1 ,1 4 9
344! 0 2 8
3 2 4 ,7 8 1
9 ,5 4 2
A u s t i n A N ’ w e s t ' M a y .............
1 0 ,9 1 4
52 , 3 8 0 !
7 5 ,2 1 1
B a it . & O h io ___ '.J u ly ............. , 2 ,3 0 5 .9 9 1 2 ,2 4 5 .4 9 2 1 5 ,9 14, 3 7 0 1 4 ,3 1 4 ,2 6 1
1 4 2 ,3 3 1 , 1 33 ,(4J2 4 ,2 9 7 , 8 3 1 3 ,3 9 3 ,8 2 4
B a i. * 0 . 8 o u ’ w . 3 d w k A u g .
--------1 ,4 5 9
B a t h * H a ru ’ n d s J u i . e ___ _
1 ,5 8 6
,037
1 0 ,1 8 1
1 .5 9 2
B lr . A A t l a n t i c . J u l y .............
1 ,5 6 0
14, 3 4 6
1 1 ,9 7 9
6 1 ,5 0 2
B r u n s w ’ k * W e s t J u n e ..........
293, 242
4 8 ,8 9 6 '
2 7 3 .8 0 6
7 3 ,2 2 3
B u ff. R o e h .A P it t 3 d w k A u g .
6 6 .0 8 1 2 ,3 6 9 , 3 2 8 1 2 ,0 7 7 .0 4 3
5 2 ,7 1 6
B u ff a l o * S u s q .J l u n e ..........
48,8671
268, 8 0 2 1
2 7 0 ,0 0 9
8 8 .2 3 4 !
B u r .O . R a p . * N. 2 d w k A u g .
7 8 ,0 0 6 2 ,4 0 6 , 4 6 3 ! 2 ,3 1 3 ,9 2 3
4 9 1 ,0 ' 0
C a n a d i a n P a c if ic 3 d w k A u g .
5 0 3 ,0 0 " 1 5 ,0 6 1 , 0 1 9 1 3 ,3 1 0 , 9 6
O a r . M i d l a n d . . . . 'J u l y .............
5 ,7 8 8
33. 634
9 ,3 5 8
3 0 .2 3 2
C e n t .o f G e o r g i a 2 d w k A u g .
f 8 6 ,5 6 3 3 ,0 7 8 , ,763< 2 ,9 1 2 .5 1 0
8 T .5 9 6
C e n t r a l o f N. J . .. J u n e . . . . . . 1 ,0 5 4 ,0 6 8 1 ,0 2 6 ,0 8 3 • 5 ,7 4 7,,8 1 7 5 ,5 2 6 ,5 9 8
C e n t r a l P a c i f ic . M a y ............. 1 ,4 7 4 ,3 3 5 1 ,0 4 4 ,8 1 7 6 ,0 3 2 , 41 rt 4 ,7 2 8 ,3 5 7
6 2 ,2 7 5
5 6 .1 3 4
C h a r le s t ’ n A S a v J u n e ..........
336, 552j
3 4 9 ,6 3 1
C h a s ’ n & \V.Car. M a r c h ........
8 7 ,5 2 9
7 9 ,5 6 4
260, 4 5 7 1
2 4 1 ,1 8 8
C h a tta n ’g a S o .. 2 d w k A u g .
1.52*1
1 ,3 8 4
42. 85 51
4 6 ,4 1 1
C h e s . * O h io — 3 d w k A u g .
2 5 8 ,5 5 1
2 2 4 ,1 4 6 7 .3 6 6 , 1 1 5 6 ,9 7 9 ,7 8 9
C h ic . B u r . * Q .ft Ju n e
3 .1 9 2 ,9 1 9 ,3 .0 2 2 .1 3 3 1 9 ,8 5 1 , ,751 1 6 ,9 4 1 ,*<47
O h io . <fc E a s t . i l l . , 3 d w k A u g .
1 0 2 ,9 0 0 ]
7 7 ,5 0 0 1 2 ,5 9 0 , ,322 2 ,4 0 3 ,9 6 1
O h io . G t. W e s t 'll 3 d w k A u g .
1 2 5 ,1 8 9 1 1 1 8 ,0 0 5 3 ,3 1 2 , 15 f 2 ,9 8 1 .0 9 9
C h ic . I n d . * L . . 3 d w k A u g .
6 7 ,6 1 1
7 1 , 1 9 0 2 , 022 ,,228! 1 ,8 9 3 ,2 1 6
C h i c . M I L * S t .P . 3 d w k A u g .
6 5 2 ,6 7 1
6 1 9 .3 1 6 2 0 ,1 9 5 2 1 3 1 8 ,2 6 ^ ,6 5 9
C h ic .A N ’ t h w ’ n . J u l y ............ 2 ,8 1 9 ,2 8 4 2 ,9 4 4 ,0 1 3 1 9 ,3 1 3 , ,9 3 9 1 7 ,2 8 0 .8 2 2
C h ic . P e o . & S t. L . J u l y .............
5 0 ,8 7 3
5 3 ,7 1 9
466,9 0 8
4 5 8 ,7 1 6
C h l c . R ’ k I. * P.. J u u e
1 ,5 7 6 ,7 0 9 ,1 ,3 8 5 ,0 1 5 ' 9 ,3 5 2 , 6 3 6 7 ,8 6 2 .3 7 6
6 1 4 ,1 4 1
C h io .S t .P .M .& O J u n e ...........
6 3 5 ,5 3 8 , 3 ,7 2 1 , ,546 3 .4 4 6 ,8 6 5
C h l o . T e r . T r .R R - .l d w k A u k .
2 2 ,7 5 s | 2 1 ,5 3 9
7 3 0 , ,805
6 6 8 ,6 0 8
C h ic . * W . M ic h . J d w k A u g .
3 9 ,5 1 9
3 0 ,5 6 5
C h o o .O k .& G u l f. J u n e ..........
9 8 ,4 2 J
6 0 ,8 4 6
4 7 7 ,4 4 5
7 3 4 ,3 7 3
O ln .G .A P o r t s ’ Lb J u l y ............
5 ,4 8 8
3 2 ,4 4 4
5 ,5 7 7 !
3 3 ,4 2 7
C in .N . O . * T . P . J u l y ............
4 0 0 ,5 3 9
3 1 2 ,6 0 2 2 ,5 8 9 ,0 2 1 2 ,0 3 1 ,8 3 9
C in .P o r t e .& Vrir . M a r c h .........
2 2 ,7 1 6
1 9 ,4 1 2
5 2 ,2 8 3
81,4(H |
C l e T . C a n .A S o . . 2 l w k A u g .
1 1 ,6 6 2
4 2 0 ,6 5 9
1 0 ,4 5 3 3 7 3 ,0 2 3
< Q L C in .C h .A S t.L j 2 d w k A u g .
2 7 9 ,4 7 3
2 7 7 ,7 8 0 8 ,5 8 s i l l
8 ,0 8 2 ,9 0 8
P e o . A E a s t ’ ll. T t h w k J u iy
4 L ,006
4 0 ,0 5 3 1 , 0 3 6 , 4 5 4 1 9 2 7 ,9 0 1
C L L o r. A W h e e l. S d w k A u g .
3 0 .8 3 5
2 4 ,3 1 0
9 2 9 ,2 8 8 !
7 5 8 ,2 9 8
C o L M i d l a n d . ___ J u ly .......... ..
1 4 0 ,9 5 8
9 1 0 ,1 6 9
1 4 3 ,5 0 7
9 3 8 ,6 4 9
C o l. H . V. A T o l . J u l y ........ ..
2 0 2 ,5 1 6
1 5 5 ,9 8 6 1 .4 2 7 ,0 6 5 1 ,2 7 1 ,1 0 6
O oL S a n d ’y A H . 3 d w k A u g .
2 2 ,1 7 0
9 ,0 4 4 !
4 2 9 .1 4 5
5 1 6 ,4 8 3
1 ,3 0 0
C o l u s a A B a k e .. J u l y
...
9 ,8 5 0
1 0 ,9 5 5
2 ,1 5 5
.C r y s t a l.................. J u n e ............
868
1 .2 1 5 ;
7 ,1 0 6 ,
5 ,6 5 8
7 6 .4 1 1
G u m b T d V a lle y J u n e ...........
3 8 8 .7 2 1
8 2 .7971
3 6 0 .2 2 6
D e n r . A R io G r. 3 d w k A u g .
1 6 8 ,1 0 0
1 5 1 ,5 0 0 5 ,0 4 5 ,1 5 7 4 ,2 9 3 ,3 5 5
D e a M . N . A W .. J u l y .............
3 5 ,0 6 7 ;
2 2 8 ,4 5 2
3 5 ,4 8 5
2 9 4 ,0 8 6
D e t .G .R a p . A W . 2 d w k A u g .
2 8 ,8 1 5
2 7 ,2 9 5
B e t . A L im a N o . 3 d w k A u g .
8 ,1 3 4
7 ,2 0 7
1 4 4 ,4 3 1
265, 855
D e t . A M a c k i n a c J u n e .......... | 4 9 ,^ 1 0
2 6 4 ,2 8 9
5 0 ,4 4 9
281, 524,
D u lu t h S .S .A A tl 2 d w k A u g .
4 0 ,2 5 8
3 4 ,3 8 4 1 ,1 0 3 , 7 3 9 !
9 3 4 ,8 7 7
E l g i n J o i-A E a e t . ■
J uVl y ............ ;, 9-8 ,8
6 5 4 ,7 8 6
9 0 ,0 3 7
. 14 ,
851. 948
B r ie .
M a y ............. 2 ,8 2 6 ,3 2 8 2 ,7 1 6 ,8 7 5 1 2 ,7 6 6 ,6 9 8 1 1 ,9 8 9 ,3 1 1
E u r e k a S p r in g s . J u n e ■ ■
4 ,3 3 8
25, 924
4 ,0 7 6
2 8 ,7 9 8
B r a n s . A l n d ’ p lis 3 d w k A u g .
8 ,7 2 9
186, 643
7 ,7 6 8
1 7 9 ,2 6 8
B r a n s r .A T .H . 3 d w k A u g .
2 6 ,0 0 3 !
6 6 9 ,7 7 1
7 4 3 , 896i
2 6 .6 8 8
T l t o h b u r g ............ J u n e .............
5 6 4 ,6 6 3
600,437 3 .3 9 2 . 613 ! 3 ,2 7 8 ,3 6 0
F lin t A P. M arq. 3 d w k A u g .
0 1 ,3 4 9
5 2 ,3 8 1 1 ,8 1 6 . ,090! 1 ,6 8 6 ,7 3 1
.F la .C e n t .A P e n . 2 d w k A u g .
0 0 ,4 9 2
3 3 ,4 8 7 1 ,9 1 7 , 141 1 ,4 3 4 ,5 3 1
F t . W ’ t h A D e n .0 . 2 tw k A u g .
2 0 ,8 7 8
6 4 2 ,5 1 4
776, 378
2 5 ,2 /8
Ft. W . A R io G r . 3 d w k A u g .
6 ,3 4 0 ]
270 , 384
5 .0 2 3
1 7 0 ,» 5 7
G a d s . A A t t . U . J u l y ............
624!
5 ,1 0 3
4, ,266
723
G e o r g i a R R ........ 3 d w k A u g .
2 6 ,4 1 7
9 0 2 ,8 1 5
9 2 5 , ,243!
2 4 .3 1 9
G e o r g ia A A l a . . Is tw k A u g .
2 7 ,3 9 4
5 9 2 ,2 4 3
7 1 0 , ,0 8 4 '
1 7 ,5 4 8
G a .C a r ’ l a A N o . J u n e ...........
5 2 ,9 1 9
4 2 7 ,6 0 9
4 0 3 , ,494
5 7 ,5 3 3
G e o . S o. A F l a . . J u l y ............
4 8 3 ,5 4 9
8 8 ,4 3 3 ]
5 7 0 , ,652
7 6 ,6 2 2
G r. R a p . A I n d ..; 2d w k A u g .
4 6 ,7 9 9
4 2 ,5 1 4 1 ,2 6 0 , 8 1 3 1 ,1 5 1 ,0 1 7
0 1 n . K . A F t . W '2 d w k A u g .
9 ,6 2 4
2 4 1 ,7 2 1
2 6 9 , ,596,
7 ,9 3 4
T r a v e r s e C it y . | 2dw k A u g .
681 [
2 3 ,6 5 1
25, , 1 1 8 1
845
M u s. G . R . A I. 2d w k A u g .
2 ,6 6 4
6 7 ,3 2 9
73 , ,9 5 5 1
2 ,4 5 0
T o t a l ll i n e s . 2*"
* A* u g .
dw k
5 3 ,7 4 3 1 ,6 3 5 , ,481 1 ,4 8 3 ,7 1 4
5 9 ,7 6 8
G r . T r ’ n k S y s t ’ rn 3 d w k A u g .
4 0 2 ,7 9 4
4 8 7 ,0 9 3 14,57<>, 2 0 4 1 3 ,8 1 2 ,0 6 4
C h ic . A G r . T r . I s t w k A u g .
5 0 ,6 5 7
5 8 ,5 2 1 ' 2 ,1 8 9 . 8 6 3 1 ,7 5 2 ,3 5 7
D e t .G r .H .A M . I s t w k A u g .
5 5 8 ,3 7 0
520, 7 9 3
2 0 ,6 4 4
1 8 ,2 4 0
G r e a t N o r t h ’ n—
S t. P . M . A M . J u l y .
1 ,4 1 0 ,3 7 5 1 ,4 4 7 ,0 0 2 9 ,2 6 9 ,1 4 8 7 ,5 7 5 ,0 1 5
E a s t o f M in n . J u l y .
8 3 5 ,5 5 4
9 3 0 ,2 2 2
1 0 5 ,5 8 9
2 1 3 ,3 4 6
u l„y .
___
M on ta n a C e n tJ
1 0 6 ,2 2 9 ! 1 ,1 0 4 ,0 0 3 1 ,1 2 7 ,5 8 8
1 6 5 ,2 9 0
T o t . s y s te m . J u ly
1 ,7 8 9 ,0 1 1 1 ,7 7 8 ,8 2 0 1 1 ,3 6 3 ,3 7 3 9 ,5 3 8 ,1 5 7
7 1 ,4 1 3
1 2 ,8 0 2
G * lf B ’ m n t A K .C . J u l y ............
9 8 ,2 5 6
1 7 ,9 4 1
G u l f A C h ic a g o . J u l y .............
2 3 ,5 4 8
2 6 ,2 8 9
2 ,8 5 1
2 ,8 1 9
2 9 ,6 2 5
H o o s .T u n .A W lL J u l y ............
2 8 ,8 6 6
5 ,2 2 6
4 ,4 3 9
H o u s .A T e x . C e n M a y
1 7 9 ,2 2 7 1 ,1 0 8 ,8 5 7 1 ,1 0 2 ,7 7 3
1 7 8 ,3 3 9
I ll i n o i s C e n tr a lf Ji u l y ............ 1 2 0 4 3 0 5 0 1 1 9 8 4 0 7 5 1 1 5 2 7 3 5 7 5 t 1 2 0 8 5 7 6 9
1 3 7 ,4 8 4
1 4 0 ,3 6 3
J n d .D e o .A W e s t . A p r ll..........
3 2 ,2 1 8
3 5 ,7 5 0
I n d . 111. A I o w a . J u n e ..........
3 9 3 ,0 7 2
4 4 4 ,4 8 3
5 2 ,5 0 4
5 8 ,2 5 3
I n . A G t. N o rth ’ n 3 d w k A u g.
5 4 ,7 5 4
6 1 ,4 5 4 1 ,9 8 6 ,1 3 6 1 ,9 3 9 ,7 9 7
l u t e r o o . (M e x .) W k A u g . 6
4 8 ,7 5 0 1 ,9 1 8 ,0 0 0 1 ,5 8 7 ,1 6 0
5 5 ,7 0 0
9 9 7 ,0 5 6
o w a C e n t r a l . .. 3 d w k A u g
3 9 ,5 0 7 1 ,1 6 0 ,8 1 0
4 5 .8 9 9
I r o n R a i l w a y . . . J u l y ............
2 0 ,2 5 0
2 8 ,8 0 6
2 .2 3 7
3 ,0 6 4

10

i

417
L a te s t G ross E a r n in g s .

J a c k . T . A K . W j u n e ...........
K a n a w ’ a A M ie n 3 d w k A u g .
K .C .F . S c o t t A M . 2 d w lc A u g .
K .O .M e m .A B ir . 2 d w k A u g .
K a n . C. N . W .. . . J u l y ............
K a n . C it y A O m . 2 d w k A u g .
K . C. P it t s . A G . 3 d w k A u g .
K a n .C .S u b .B e lt . 3 d w k A u g .
K e o k u k A W e s t .c I s t w k A u g .
L . E r ie A W e s t. 3 d w k A u g .
L e h ig h A H u d . . J u l y ............
L e h ig h V a l. R R . J u n e ...........
L e h . v . C o a l C o . J u n e ...........
L e x ’ g t o n A E a s t . J u n e ...........
L o n g l s l a u d R R . J u l y .............
L o n g I s . S y s te m . J u n e ...........
L o s A n g . T e r m . . J u l y ............
L o u is .E v .A S t .L , 3 d w k A u g .
L o u . H . A S t. L . . 2 d w k A u g .
L o u is v .A N a s h v . 2 d w k A u g .
M a c o n A B i r m . . J u l y .............
M a n i s t i q u e ........ J u l y .............
I M e x ic a n C e n t .. d w k A u g .
M e x i c a n I n t e r ’ 1. J u n e ..........
t M e x . N a t io n a l 3 d w k A u g .
M e x . N o r t h e r n . M a y ............
tM e x ic a n R ’ w a v W k A u g . 6
M e x ic a n S o ........ I s t w k A u g .
M in e r a l R a n g e . J u n e ..........
M iu n e a p .A S t .L . H lw k A u g
M.
S t-P .A2Sd.Swt k
.MA. u g .
M o . K a n .’A T e x 3 d w k A u g .
M o .P a c .A I r o n M 3 d w k A u g .
C e n tra l B r ’ eh . 3 d w k A u g .
T o t a l ............... 3 d w k A u g .
M o b ile A B i r m .. 3 d w k J u l y
M o b ile A O h io .. J u l y .............
M o n t .A M e x .G ’ f. J u l y ............
N a s h .C h .A S t .L . J u l y ............
N e v a d a C e u t r a l. M a y .............
N . Y . C . & H . R , . J u l y .............
N . Y . O n t . A W .. 3 d w k A u g .
N . Y . 8 u s q . A W . M a y .............
N o r f o lk A W e s t. 2 d w k A u g .
N o r t lie s ’ n f G a .) . M a y .............
N o r t h e ’ s ’ n fS .C .) M a r c h ........
N o r t h ’ n C e n t r a l. J u l y ............
N o r t h ’ n P a c i f ic . 2 d w k A u g .
O h io R i v e r .......... 2 d w k A u g .
O h io R iv .A C h a s . J u l y .............
O h io R i v . A L . E . M a y .............
O h io S o u t h e r n .. J u l y ............
O m .K a n . C .A E . 2 d w k M c h .
O r e g .R R .A N a v . 2 d w k A u g .
O r e g . 8 I1. L i n e . . J u n e ..........
P a o . C o a s t C o . . J 1111c ..........
P a c if ic M a il........ J u n e ...........
P e n n s y lv a n ia }.. J u n e ..........
P e o n a D e c .A E v . 3 d w k A u g .
P e t e r s b u r g ........ J u n e ...........
P liila. A E r i e . . . 1 u u e ..........
P h ila . A R e a d .. . M a y .............
C o a l A I r . C o . M a y ............
T o t . b o t h C o ’ s. H a y .............
P h il. R . A N . E . J u n e ...........
P h iL W ilm . A B. l u u e ..........
P it t s .C .C .A S t .L . J u l y .............
P it t s . L is b . A W n J u l y ............
P i t t s .B e s .A L .E . J u l y .............
P itts . A W e e ’ n . . 2 d w k A u g .
P it t s . Cl. A T o l. 2 d w k A u g .
P it t s . P a . A F . 2 d w k A u g .
T ota l sy stem . 3 d w k A u g .
P i t t s b .Y o . A A . . J u n e ...........
R lo h .F r ’ a s o A P. J u n o ..........
R i c h . * P e t e r s b . l u u e ..........
R i o G r a n d e J e t . J u n e ..........
R i o G r a n d e S o’ d 3 d w k A u g .
R i o C r 'd e W e s t. 3 d w k A u g .
S t. J o s . A G r . I . . . 3 d w k A u g .
8 t. L .C h i.A S t.P . J u l y ............
S t .L .K e n ’ e t A S o J u l y .............
S t .L .A S a n F r a n . 3 d w k A u g .
S t.L . S o u t h w e s t . 3 d w fc A u g
S t .P a u l A B i l l . . J u l y ............
S a n . A n t. A A . P M a y ............
S a n F r a n . * N .P . J u l y .............
S. F e P r e s . A P h . 2 d w k J u ly
S a v . F l a . * W e s t . J u n e ...........
S h e r .S h r e v .A 8 0 . 4 t h w k J u ly
SU. e p r s . 0 . tK 0 . J u n e ..........
S i l v e r t o n ............ J u l y .............
S i o u x C. & N o r . J u n e ..........
S o .H a v e n & E a s i J u n e ...........
8 0 . P a o tttc C o . G a l.H a r .& B .A M a y ............
L o u is ’ a. W e s t . M a y .............
M o r g a n ’ s L & T . M a y .............
N .Y . T . & M e x . M a y .............
T e x . <fcN. O r l.. M a y .............
A t l . P r o p ’ te a .n M a y .............
S o . P a o . o f O al. M a y .............
S o .P a o .o f A r iz . M a y .............
S o .P a c .o fN .M . M a y .............
N o r t h e r n R y . . M a y .............
P a o iilo s y s t e m M a y .............
T o t a l o f a l l . / M a y ............
S o u t h e r n R y ,g .. 3 d w k A u g .
M e m p h is D lv . 4 t h w k J ’ u e
S t o n y O l. & C .M t. J u n e ..........
T e x a s C e n t r a l .. I s t w k A u g .
T e x a s & P a o i fl o . 3 d w k A u g .
T e x . S.V.tfe N .W . J u l y ............
T o i.& O h lo O e n t . 3 d w k A u g .
T o l. P . & W e s t .. Is tw k A u g .
T o l .S t . 1*. & K .O . 3 d w k A u g .
U n io n P a c . R R . . J u n e ..........
U n .P .D e n .< fe G .. 2 d w k A u g .
W a b a s h ................ J d w k A u g .
W a o o & N o r t h w . J u n e ..........
W . J e r s e y & a e a ’ e J u n e ..........
W .V .C e n .& P lt t s J u l y ............
W e s t V a .A P it t s . M a y ............
W e s te rn o f A l a - J u n e ..........
W e s t. N .Y . & P a . I s t w k A u g .
W h e e l. & h . E rie 3 d w k A u g .

1898.
$
3 0 ,6 5 3
1 0 ,7 5 6
8 1 .0 5 8
2 L ,I3 7
2 1 ,7 5 4
4 ,7 6 1
7 1 ,5 1 1
’ 1 0 ,7 3 5
1 0 ,3 6 0
7 1 ,1 4 6
3 1 ,7 9 7
1 ,4 9 2 .6 5 9
1 ,1 5 5 ,9 5 0
1 7 ,7 3 7
5 2 8 ,4 7 0
4 8 1 .7 9 9
1 0 ,4 1 6
3 2 ,8 3 4
8 ,5 7 1
3 8 3 ,5 5 0
4 ,2 8 0
1 2 ,1 6 3
2 2 6 ,2 3 5
2 7 1 ,9 2 9
1 0 5 ,4 1 1
4 4 ,3 5 2
7 7 ,5 0 0
1 1 ,3 5 0
1 5 .7 4 8
4 6 ,5 9 7
6 7 ,1 1 7
2 0 9 .9 4 8
4 9 3 .0 0 0
2 7 .0 0 0
5 2 0 .0 0 0
4 ,2 8 2
3 3 9 .7 0 0
1 0 8 .7 0 0
5 4 9 ,5 3 1
6 ,1 6 3
3 ,2 9 8 ,2 1 7
8 2 ,2 2 1
1 8 5 ,8 5 0
2 2 7 ,0 5 4
4 ,2 9 4
5 0 ,2 3 0
5 3 0 ,8 1 5
4 2 1 , if 6 0
1 8 ,9 8 7
1 2 ,9 2 3
2 ,8 0 0
4 5 ,2 2 0
1 4 ,2 4 6
1 2 8 ,2 7 4
6 0 1 ,3 0 3
4 3 9 ,1 3 1
4 0 6 .4 0 9
5 ,2 4 8 ,4 3 5
2 3 ,2 0 4
6 0 ,4 2 7
3 6 8 ,2 1 8
1 ,6 9 7 ,5 4 6
1 ,8 0 2 ,8 5 1
3 ,5 0 0 .3 9 7
5 8 .3 4 8
8 9 6 ,7 1 7
1 ,2 3 1 ,8 9 2
3 ,3 7 8
1 4 6 .2 0 1
3 5 .5 2
2 1 ,3 2 4
8 ,8 7 7
6 5 ,7 6 7
1 4 8 ,8 8 5
8 8 ,6 6 9
3 7 .7 7 4
3 7 ,0 6 5
1 0 ,1 0 0
5 6 ,6 0 0
3 1 ,5 2 8
2 7 ,9 9 8
6 ,6 7 7
1 2 0 .6 9 9
9 3 .9 0 0
1 2 5 ,0 8 3
1 2 9 ,2 0 9
8 5 ,4 9 2
1 5 ,0 7 2
4 8 2 ,2 3 7
6 ,9 9 8
2 7 ,8 1 6
1 ,4 0 0
1 0 ,9 5 5
3 ,1 0 0

1897.
$
2 3 ,6 3 3
1 0 .4 7 0
8 7 ,8 9 9
1 8 ,8 7 5
2 5 ,7 7 5
5 ,5 8 3
7 1 ,9 9 8
* 9 ,0 40
1 3 ,3 7 0
7 3 ,9 5 2
3 6 ,6 3 2
1 .4 1 8 ,1 8 6
1 ,2 3 3 ,5 2 0
1 8 .8 4 9
5 2 5 ,9 2 5
4 7 2 .6 3 5
1 1 ,4 1 9
2 9 ,6 7 6
1 0 ,3 9 1
4 0 0 ,1 1 7
4 ,5 5 6
1 5 ,8 7 9
2 1 6 ,9 7 6
2 3 6 ,8 2 9
1 0 1 ,8 0 3
4 8 ,7 1 5
7 4 ,5 0 0
1 4 .2 6 3
1 3 ,3 8 6
4 8 ,5 1 9
6 2 ,5 2 1
2 2 3 ,3 9 3
5 3 4 .0 0 0
3 3 ,0 0 0
5 6 7 .0 0 0
5 ,1 8 7
2 9 9 ,1 4 3
1 1 2 ,9 0 0
4 8 0 ,2 7 8
3 ,7 7 7
3 ,6 3 2 ,2 5 0
8 9 .6 8 3
1 8 1 ,9 2 2
2 6 0 ,6 8 5
3 ,8 3 3
4 5 ,8 7 0
5 4 7 ,6 * 7
4 0 4 .8 1 6
2 0 ,2 5 9
1 2 ,6 6 5
1 ,9 0 1
4 8 ,3 8 1
1 1 ,5 3 3
1 2 0 ,4 9 6
5 8 6 ,4 7 9
3 1 1 .9 0 8
3 9 3 ,1 3 2
5 ,1 8 5 ,3 3 5
2 2 ,9 2 1
5 2 ,1 4 9
3 7 3 .5 5 5
1 .6 1 3 ,1 0 2
1 ,0 3 7 ,6 0 9
3 ,2 5 0 ,7 1 1
5 0 ,8 5 2
7 5 2 ,4 1 7
1 ,1 7 1 ,2 4 5
2 ,6 4 8
6 0 ,9 0 3
3 3 ,2 1 1
1 7 ,6 0 2
7 ,8 7 9
5 8 ,6 9 1
1 8 2 ,5 2 0
6 6 .1 8 2
3 1 ,2 5 4
2 8 .6 1 3
7 ,3 7 7
6 5 .6 0 0
3 2 ,3 6 5
2 2 ,6 5 9
6 ,1 2 6
1 2 5 ,7 6 2
8 4 ,2 0 0
1 2 6 ,1 8 3
1 4 4 ,8 5 8
8 7 .6 8 4
1 3 ,2 2 0
3 2 6 .3 8 4
5 ,8 4 2
1 3 ,6 6 4
6 ,0 5 4
2 0 ,7 6 3
2 ,5 3 5

J a n . 1 to L a t e s t D a ta .
1898.

1897.

i$
1 8 8 ,0 3 6
3 4 1 ,6 4 7

$
1 6 5 ,3 1 1
3 2 5 ,6 1 7

1 9 5 ,1 8 1
1 8 7 ,0 1 3
1 4 8 ,2 0 0
1 4 5 ,0 7 9
1 .9 9 7 ,3 9 1 1 . 2 / 9 , 6 1 3
" 2 9 7 ,8 4 4
* 2 2 7 ,3 2 2
3 1 6 ,7 35
3 1 5 .9 4 5
2 ,1 1 5 ,2 3 3 2 ,1 1 7 ,7 8 6
2 1 0 ,0 9 4
2 0 0 ,5 4 7
8 ,4 2 9 .5 8 7 8 ,1 4 2 ,5 2 3
6 ,4 9 1 ,1 2 7 6 ,3 7 8 ,0 7 5
1 0 5 ,8 0 2
1 0 4 ,8 1 1
2 ,3 6 6 ,0 1 2 2 ,2 0 7 ,7 9 8
1 ,9 3 6 ,9 8 2 1 ,7 9 4 ,7 4 0
4 9 ,5 0 6
5 1 ,1 6 8
9 3 8 ,4 9 7
8 6 5 ,3 8 4
2 9 7 ,8 4 4
2 7 5 ,2 9 3
1 3 ,5 0 7 ,8 6 7 1 2 ,3 8 0 ,9 0 4
3 0 ,4 2 3
3 2 ,6 7 3
7 1 ,8 1 6
7 6 ,1 9 7
8 ,4 4 9 ,5 2 7 8 ,1 7 6 ,5 4 3
1 ,6 6 5 ,9 7 2 1 , 5 4 2 ,7 6 6
3 ,8 4 6 ,3 1 5 3 .7 6 6 ,8 1 3
2 2 8 ,7 9 3
2 7 1 ,7 4 9
2 ,4 8 0 ,1 0 0 2 ,2 3 6 ,0 0 0
4 0 6 ,5 7 2
4 3 4 ,5 9 6
1 ,2 8 5 ,5 1 5
2 ,2 5 3 ,4 2 4
6 ,3 2 1 ,4 8 8
1 5 ,6 9 0 ,1 1 4
8 2 5 ,3 5 4
1 6 ,5 1 5 .4 6 8
1 9 6 ,3 3 7
2 ,4 1 1 ,6 4 4
6 7 0 ,8 8 9
3 ,2 8 5 ,2 5 1
2 0 ,3 3 8
25 .4 7 0 ,6 4 0
2 ,3 3 9 ,3 0 4
8 6 3 ,2 5 0
6 ,7 3 7 ,3 3 8
2 8 ,9 2 4
1 6 2 .6 7 6
3 ,5 4 3 ,3 0 9
1 3 ,0 1 6 ,0 0 5
5 4 6 ,3 2 2
1 1 2 ,9 7 1
1 2 ,2 5 5
3 6 0 ,1 8 3
1 5 8 ,5 5 Z
4 , 0 5 0 ,5 0 6
3 ,0 5 3 ,4 5 3
2 ,7 3 1 ,6 4 3

1 ,2 1 9 ,1 4 2
2 .0 5 3 ,3 3 3
6 ,3 5 6 ,1 2 9
1 4 , 0 5 7 ,3 1 2
6 5 4 ,4 9 6
1 4 ,7 1 1 ,8 0 8
1 6 6 ,2 4 7
2 ,1 7 6 ,4 7 2
7 8 3 ,1 9 0
3 ,0 3 0 ,3 7 8
1 3 .6 4 2
2 4 ,9 7 3 ,9 2 6
2 ,4 3 8 ,4 7 4
8 2 6 ,6 6 3
6 ,4 5 7 ,8 4 0
2 3 ,8 0 4
1 6 0 ,1 5 9
3 ,5 7 4 ,0 8 8
1 0 , 2 4 9 ,8 5 7
5 4 7 .2 5 8
9 9 ,3 2 6
1 0 ,8 0 9
3 5 8 ,0 5 2
1 1 4 ,7 5 4
2 ,6 2 7 ,1 0 5
2 ,7 0 6 ,0 0 5
1 ,6 0 8 ,5 9 5

3 1 ,3 6 3 ,5 1 1 2 9 ,5 8 9 .5 1 1
5 4 4 ,3 4 1
5 6 2 ,2 6 9
3 4 3 .9 3 7
3 1 1 ,7 1 3
1 .8 8 3 ,2 2 2 1 ,8 6 4 ., jl0 7
8 ,2 8 0 ,4 0 5 7 ,7 1 9 ,9 0 1 •
7 ,9 3 1 ,5 6 8 7 ,1 8 6 ,3 6 2
1 6 ,2 1 1 ,9 7 3 1 4 ,9 0 6 ,2 6 3
3 0 4 ,6 3 2
2 8 7 ,8 5 9
4 ,6 4 1 ,1 8 3 4 ,2 7 6 ,0 8 3
8 ,7 7 1 ,1 7 5 8 .0 0 9 .4 1 8
2 5 ,4 7 6
2 5 ,4 8 6
3 2 6 ,0 0 2
6 4 3 ,7 3 6
1 ,0 7 3 ,3 6 4 1 ,0 2 4 ,1 8 2
6 4 6 ,5 3 6
5 0 4 ,6 9 1
2 1 2 ,1 1 1
2 0 0 ,3 7 1
2 ,0 0 4 ,6 6 4 1 ,7 9 3 ,0 5 0
7 1 4 ,3 8 7
5 8 3 ,8 1 3
4 4 5 ,0 8 7
3 7 2 ,3 4 7
2 0 4 ,1 2 4
1 7 8 ,5 2 0
1 7 5 ,5 6 2
1 3 3 ,4 6 3
2 8 6 ,4 5 2
2 2 7 .2 5 9
1 ,9 9 1 ,2 5 8 1 ,6 4 3 ,8 9 4
7 3 1 ,4 2 1
6 6 8 ,2 3 0
1 8 6 ,7 3 9
1 6 4 ,9 5 1
3 1 ,1 1 8
3 6 ,1 3 5
4 ,1 7 5 ,9 9 8 3 ,7 6 2 ,5 0 5
3 ,0 2 9 ,8 2 7 2 ,6 1 8 ,4 6 1
7 7 8 .3 6 0
8 1 1 ,5 6 7
7 6 1 ,5 8 2
7 7 7 ,2 5 4
4 2 2 ,3 1 3
4 5 4 ,4 2 3
3 6 8 .6 2 6
4 2 2 ,4 4 8
1 ,7 3 4 ,7 0 4
2 ,0 6 1 ,3 1 3
1 4 1 ,3 7 0
1 4 5 ,2 6 9
1 0 0 ,5 8 9
1 3 2 ,4 4 0
i i i ', 9 8 i
1 2 ,4 5 4

1 0 0 .8 7 1
1 0 ,7 8 8

1 ,8 1 0 ,5 7 4
3 3 7 ,9 3 7 2 ,2 4 9 ,9 0 9
4 7 4 ,4 4 1
4 0 6 ,3 4 0
5 0 6 .9 5 2
7 0 ,9 4 1
9 9 ,8 3 2
2
,0 7 6 ,9 5 4
2
,5
2
4
,5
7
2
3 8 3 ,2 7 3
4 9 0 ,3 3 0
1 1 8 ,7 5 1
1 2 5 ,5 1 6
2 3 ,3 4 1
2 2 .4 9 5
6 3 4 ,2 8 5
6 5 7 .8 4 8
1 1 8 ,9 5 7
1 3 3 ,2 6 4
9 4 4 .5 6 5 6 ,1 7 7 ,9 6 9 5 .1 2 8 ,0 6 8
1 ,2 3 5 ,3 7 0
3
,7
5 3 ,9 3 6
7 8 9 ,2 7 0 4 .5 3 2 ,0 2 9
9 4 5 ,8 3 5
1 ,4 7 0 ,6 3 1 1 ,0 6 2 ,8 1 7
2 1 2 .8 3 8
2 8 8 ,3 2 3
5
7
6 .0 0 7
7 3 4 ,3 7 8
1 2 6 .8 7 0
1 6 1 .6 9 9
7 8 7 ,7 6 1
8 8 4 ,2 6 8
1 7 2 ,7 2 2
2 0 2 .8 0 0
1
2
,2
2
0 ,8 0 7
3 ,5 1 1 ,7 3 7 2 ,6 5 1 ,2 3 8 1 5 ,4 8 7 ,9 9 4
4 ,9 5 5 ,9 1 5 3 ,8 0 7 ,3 0 7 2 2 ,9 7 1 ,0 9 8 1 8 ,6 0 9 ,9 3 0
1
2
,0
1
7
,9 7 9
1
3
,4
0
9
,5
8
3
3 9 5 ,9 9 1
4 4 0 ,3 1 4
6 3 1 ,2 9 2
7 3 8 ,1 9 4
3 1 ,4 5 5
3 2 ,1 7 5
9
,8
14
9
,7
9
4
3 ,7 8 9
4 ,1 3 7
1 2 6 ,5 3 9
1 5 2 .4 0 7
4 ,2 * 7
4 ,9 5 3
3
,8
7
1
.0
5
3
4
,3
2
1
165
1 2 3 .0 1 9
1 2 0 ,2 9 8
1 8 ,1 5 4
2 4 ,9 7 1
2 ,9 6 0
4 ,1 9 8
9
9
0
.3
6
0
l
,1
2
2
,i
0
5
2
2
,5
8
7
3 4 ,8 5 4
5 0 7 ,6 0 4
5 5 » ,2 9 3
1 7 ,1 1 3
1 7 .9 0 0
5 2 ,1 4 4 1 ,3 5 5 .3 9 3 1 ,3 7 4 ,9 5 1
5 1 .0 5 8
1 ,3 8 5 ,4 4 5 1 ,2 6 0 ,9 3 1 7 ,6 7 0 ,5 7 9 6 ,7 3 6 ,8 3 2
6 4 ,0 6 8 2 ,2 3 1 ,1 2 6 1 ,9 9 4 ,4 3 5
6 7 ,4 6 2
2 8 4 ,9 4 6 8 ,3 0 2 ,2 1 7 7 .1 7 4 .4 1 8
2 8 9 ,7 3 3
9 7 ,5 1 8
7 8 ,7 5 1
1 2 ,1 3 6
9 ,2 2 1
2 2 5 ,2 o 5 1 ,0 5 8 ,7 5 1 1 ,0 2 7 ,1 2 8
2 2 9 ,9 2 4
6 5 4 ,2 6 6
6 7 3 ,3 6 9
1 0 0 ,2 0 9
9 7 .4 9 5
1 5 1 ,7 6 5
1 5 0 .5 5 9
3 3 ,8 2 3
3 1 ,3 0 7
3 0 0 ,6 5 4
3 0 3 ,2 0 8
4 3 ,4 8 4
4 3 ,4 7 7
6 3 .6 0 0 1 ,7 2 1 ,1 1 3 1 ,6 2 5 ,4 6 6
6 4 ,8 0 0
6 1 0 ,5 7 8
9 0 2 .6 7 6
1 7 ,5 8 9
3 1 .0 9 5

118

THE
L a test G rose E a rn in g s.

Roms,

W eek o r ite ,

1898.
9

1897

1 to
1893.

Jan.

C H R O N IC L E

L a test D a te

1897.

~ ¥ ~

34,497
Wlik«t..A East. April.......
27,433
WB.Col.A- Ails March.....
09.270 58,180
186,357
205,092
95,404! 96,220 3,010,533 2,630.999
Wisconsin Corn 3dwkAug.
5,364
5,826
Wriehtav.ATen. Juno.......
*11,072
38,931
York Soothern Juno.......
5,231
35,285
31,057
5.7S6I
a These tigixree Include results on leased lines, t> includes earnings
from ferries, etc., not given separately.
e Includes Dos Moines it
Kansas City for all periods, d Inaltules operations of the Clilc. Bur­
lington & Northern in both years.
e Includes results on A. T. & 8 .
Fe, Gulf Col. & s. Fe. S. Fe Pacific -old Atlantic A PaoHloi and 80.
Cal. Ky.
f Includes the Pacido system, the Atlantic properties and
the Houston A Texas Central system, j; Beginning July, earnings of
Memphis Division and Mlddlesborough & Aiken branches arc included
for both .rears.
* Results on Kansas City A Independence Air Line are not Included
for either year.
t Includes Chesapeake A Ohio So*western for both years, but Ohio
Valley and Chicago -ud Texas for 1898 only
t Mexl can c urrenoy,
I Covers results of lines directly operated east of Pittsburg.

Latest

by Weeks.

A la b a m a G t. S ou th ern .
A n n A r b o r . . . . . ----- . . .
B a lt, a O h io S o u t h w e s t..
Buff. K och. A P itts ...........
C an adian P n olU o.. . . . . . .
C hesapeake A O h io ..........
Ohleatto A E ast. I llin o is .
Ohio. G reat W estern........
C h ic.In dta n ’ lis A L on lsv .
C h ica go M ilw . A S t. P aul
Chie. T erm . T ra n s fe r
C lev. L orain A W h eel’# . .
C ol. S an d usk y A B o c k ’ g .
D e n v e r A R to G r a n d e ...
D e t. A L im a N o rth —
B v a n s v . A In d ia n a p olis.
B v a n s r. A T e rr e H aute.
F lin t A P ere M a rq u ette..
F t.W o rth A B io G ra n d e .
G e o rg ia ...................
G ran d T ru n k ...................>
Chic. A G ran d T ra n k >
D e t. G i H . A M ......... j
In te rn a tio n a l A Gt. N o ..
I o w a c e n t r a l .....................
K a n a w h a A M ic h ig a n ...
K a n . C ity P ltts b . A G u lf
• K a n . C ity Sub . B e lt ........
L a k e E rie A W estern —
L o n ls v . E v a n s v . A St, L
M e x ica n C e n tra l...............
M e x ica n N a tio n a l............
M in n eap olis A St. L o u is .
M o. K a n s a s A T e x a s ........
M o. P a o iflo A Iron M t___
C entral B ra n o h .............
M. Y . O D tarlo A W estern
P e o ria D ee. A E v a n s v ...
P itts b u rg A W estern ........
B io G ran de S o u th e rn ___
B io G ra n d e W e stern ........
8 t. J o s e p h A G d. Isla n d .
St. L o u is A San F ra n .......
Bt, L ou ts s o u t h w e s te r n ..
S ou th ern K a liw a y .. . . . . .
T e x a s A P a o ltio.................
T o le d o A O h io C e n t r a l...
T o le d o St. L. A K an.C ity.
W a ba sh ............. ...................
W h e e lin g A L a k e E r i e ...
W iscon sin C e n tra l---------

Ti.tal (51 roads)------Net. Increase (2*68 p. o.L

1898.
S
33,422
25,975
142,331
73,222
491.00C
258,551
102,90C
125,188
67,631
e.->2.674
22,758
30,835
22.170
168.100
8.134
8,729
26,003
01,349
0,340
20,417
462,794
54,754
45,899
10,756
71,511
10,735
71,146
32.834
226,235
105,411
46,597
£09,948
493,uoc
27.000
82,221
23,204
65,767
10,100
50,600
31,52*
126,699
93,900
440,314
120,298
34,854
61,058
289.733
31,695
95.404

1897.

In crea se.

8

8

30,821
25.656
133,062
66.0S1
505,00C
224,146
77,500
118,005
71.190
619,316
21,539
24.310
9,644
151,560
7.207
7,768
26,688
52,381
5,623
24,349
487,093
61,454
39,507
10.470
71,998
9,040
73,952
29.67B
218,976
104,808
48,519
223,393
534.000
3 3 ,00 c
89,683
22,924
58,691
7,377
65,600
32,365
125,762
84,200

395,991

123,019
22,587
52,144!
284,946
17,589
96,220

5,775,727 5,624,770
......... ! ..........

F o r th e se c o n d w e e k o f A u g u s t o u r fin al
77 ro ad s, a n d s h o w s 1 # per o e n t in c r e a s e
a v e r t h e s a m e w e e k la s t y e a r .
2 d w eek o f

Mitg u sl.

1898.

E a r n in g *

1897.

8
9
5,330,278 5,234,043
It,149
AtlantioA Danville..
11,424
78.0061
88,234
Bnrl. Ctrl, Bap. A No,
86.563
Central ol Georgia,..
87,596
30,565i
39,519
10,458
11,665
277,781)
279.473
28,815
27,2951
Duluth So. Shore A Atl
34,381
40,258
33,487
06,19*
25,278
20,878
Grand Trunk— ......... /
469,029 j
Chicago AGr’d Trunk I439,519
Det. Gr.Hav. A Milw. j
87,8991
81,058
Kan. City Ft. 8. AMem.
21,137
18,875
5,583
4.761
30,299
28,810
02,521
67,117
Minn. Bt. P. A 8. Ste. M.
200,685
227,051
Norfolk A Western.......
401.8101
421.360
Northern Paoiflo..........
20,2591
38,987
Ohio Hlver..................
120,496
128,274
Oregon 3R. A Nav.......
130,830
127,335
St. Louis & San Fran...
64,063
07,482
Dn. Pao. Den. A Gulf--13,820
32,9231
Wheeling A Lake Erie..
7,670,421 7,528,187;
Netlnarease (1*89 p. o.L.

2,60]
317
9.269
7,142

34.405
25,400
7,184
33.356
1,219
6,525
12,526
16.60C
927
96 1

_t

8 .9 6 b

D ecrea se.

S

14,000
3,559

685

717
2,068

6,392

24,299
6,700

n o n t l i l v t o L a t e s t D a t e s .— T h e

s h o w s th e g r o s s a n d n e t e a r n in g s to la t e s t d a te s
ra ilro a d s fu r n is h in g

m o n t h ly s t a t e m e n t s .

in clu d es e v e r y r o a d f r o m w h ic h w e c a n g e t

The

of

tu r n s ar

f o llo w in g
a ll

Steam

c o m p ila tio n

r e tu r n s

ch a ra cte r a n d in th a t f o r m is g i v e n o n c e a m o n th .

of

th is

E a r ly re ­

p u b lish e d f r o m w e e k to w e e k , a s so o n a s i s s u e d , b u t

f o r th e c o n v e n ie n c e o f

o u r re a d e rs a ll t h e r o a d s m a k in g

re ­

tu rn s are b r o u g h t to g e th e r h e re in th e w e e k in w h ic h w e p u b ­
lish out m o n th ly a r tic le o n n e t e a r n in g s — s a y on or a b o u t th e
2 0 th o f th e m o n th .
B e sid e s th e reads fu r n is h in g m o n t h ly
r e t u r n s , w e h a v e ad d e d th is t im e th e r o a d s w h ic h m a k e
q u a r t e r ly re tu rn s .
The re tu r n s o f th e s tr e e t r a i lw a y s toe g i v e b y th e m s e lv e s
u n d er a s e p a r a te h e a d a t the e x t r e m e e n d o f th es e t a b u la t io n s
— see p a ge ,;?/.
G ro s s E a r n in g s ^

1897,
1893.
S
9
S
13,145
13,232
def.23
309,061
100,330
42,7b8
A la b a m a G t .S o u t h .a J u l y
133,357
131,911
41,834
970,332
878,410 246,701
63,493
Alabama Midland, b lune
49.755
9,569
406,790
Jan. 1 t-o June 30__
335,237
72,900
July 1 to June 30__
766,274
671,455
143,679
Allegheny Valley.b. July 219,557
218,082
90,647
Jan. 1 to July 31__ ,483,179 1,369,816
580,136
Ann Arbor............. June 113,480
100,911
27,108
730.380
Jan. I to June 30__
629,010
183,191
5,950
8,301 def.7,050
Arkansas Midland.bJune
Jan. 1 to June 30....
55,063
44,467
623
Ateh.Top. AS.Fe.b.'July 2,766,998 2,591,231
479,692
Jan. 1 to July 31....21,555,336 18,675,231 4,960,067
23,350
Atl. Knoxv. A No...June
22,418
2,954
Jam 1 to Juue 30__
125.253
152,243
32,427
AtlantaAW. Point. b j une* 39,490
37.759
8,385
Jan. 1 to June 3 0 __
2 .’ 3, L23 284035
91,796
575,262
July 1 to June 30__
554,148
227,497
Atlantic* Danv’e.bJune
43,501
1 0 ,0 0 0
42.214
Jan. 1 to June So ... 280,312
280,244
75,476
July I to June 30__
561,191
156,363
537,375
9,512
Austin A Nortw’n. b .May
10,914
def.824
52,380
Jan. l to May 31__
75,2 LI def.6,675
Balt. A O h io S o u tlL b J u n e 523,010
531,420
104,645
Jam 1 to June 30 ... 3,387,2-18 2,967,974
854,120
July 1 to June 30__ 6,885.028 6,140,000 1,996,237
Baltimore AOhio.b June 2,408,371 2,208,798
603,237
Jan. 1 to June 30__ 13,628,370 12,068,769 3,483,599
July 1 to Juue 30__ 27,659,753 25,532,120 7,383,663
R oads.

....... June
Jan. 1 to June 30__

A d ir o n d a c k a

tir o s * E a r n la g s
— T h e la t e s t w e e k ly e a r n ­
in g s in th e f o r e g o in g are s e p a r a te ly s u m m e d u p a s f o llo w s :
F o r th e th ir d w e e k o f A u g u s t o u r p r e lim in a r y s ta te m e n t
to n e r s 51 ro a d s a n d s h o w s 8*68 p er c e n t in c re a se in th e
i g g r e g a t e o v e r th e sa m e w e e k la s t y e a r ,
3 d n e c k o f A u g u s t.

N et

[Vol. LXVII.

1898.

1897.
8

def.323
32,983
43,770
208,415
7,325
-19,800
111,652
95,3 89
528,765
36,501
209,917
do£.6,373
def.7,389
464,757
3,595,539
3,813
23,107
11,901
97,422
219,8297,060
65.324
133,094
1,132
18,575
189,594
857,294
1,882,69 6
502,544
2,185,214
5,570,030

201.972
179,370
Apr. 1 to Juno 30__
92,648
63,773
377,910
Jan. 1 to June 30__
374,338
158,209
139,241
487 Bath A Hammonds..J une
1,459
1,586
def.316
def.727
Jar. 1 to June 3o__
10.037
10,18L
830
410
2,806
39,553
38,465
Jnly 1 to June 30__
19,608
17,510
3.158
Bennington A Rutland—
9,259
54,552
57,982
603
Apr, 1 to June 30—
18.121
13.566
July 1 to June 30__
107,777
100,287
21,197
1,922
10,658
13,445 Birin. & Atlantic, b.. May
1,752
1.984
91
13
41,000 ^ Jan. 1 to May 31—..
11,169
8,797
889
958
6,000
tv Julyl to May 31—..
25,736
22,154
5,754
5,299
7,459 Boston & Albany, b—„
280
Apr. 1 to June 30. —. 2,208,380 2,375,258
700,834
656,291
7,076
Jan. 1 to June 30.... 4,331,460 4,403,974 1,502,016 1,420,930'
2,723
9,000 Boston & Maine.b—
Apr. 1 to Juno 30--- 4,737,917 4,904,670 1,490,378 1,495,910
837
937
Jan. 1 to Juue 30.... 9,087,003 9,L43,44i 2,o97, 710 2,760,901
9,700
4
Brldgton A Saco Rlv.—
44,323
April 1 to June 30... • 7,809
6,580
3,890
2,633
2,721
13,461
12,721
Jam 1 to June 30__
5,650
4,646
12.267
61,502
48,896
28,054
Brunswick
A
Wont,
b
June
20,482
1,086
298,242
273,806
69.058
Jau. t to Juue 30__
85,706
4.737
605,042
575,216
July 1 to Juue 30—
181,913
398,264
14,106
336,245
326.557
bum
Kooh.A
Fitts.
b.J
uly
124,445
116,153
816
Jan, Ito July 31.... 2,142,494 1,878,799
770,945
600,697
287,779
136,822 Biiilalo &Su9tmeh.a.June
52,716
43.867
19,379
19,913
263,802
150,957
270,009
Jan. 1 to Juue 30—
94.951
122,407
625,692
July 1 to June 30—
579,798
261,942
293,173
301,321
340.417
61,949
88,536
s t a t e m e n t co v e rs Burl. Ced. R. & No a June
iJan. 1 to June 30.—. 1,928,513 1,848,832
596,473
588,346
in th e a g g r e g a t e
Canadian Paoltio.a.June 2,138,110 2,000,577
817,395
886,127
Jan. 1 to June 30 ... 11,596,019 9,712.694 4,153,677 3,667,194
9,3*8
Carolina Midland.....July
5.788
5,435
2,661
33,634
30,232
7,5S 6
Jan. 1 to July 31---7,148
80,073
Oent.o f G eorgia. a..June 356,255
331,757
70,899
*
661. i97
Jan. 1 to June 3 0 --. 2,464,053 2,380,535
701,643
237,206 140,976
July 1 to Juue 3o..«, 5,507,069 5.280,695 1,350,629 1,823,13c
276
440,873
Cent, of N. Jersey.a.June 1,05 1.068 1,023,083
3 74,29 1
10.228
Jan.
1 to June 30.... 5,747,617 5.526,598 2,043,599 1,809,35 B
1,033
1,474,335
1,044,817
624,340
410,020
Central
P
a
o
ilie
.
b
—
M
ay"
8.954
Jan. 1 to May 31---- 6,062,410 4,728,357 2,300,456 1,041,83 2
1,204
62,27b
1,693
22,219
56,134
11,511
Char. &Wavanuab.b .Tune
1.520
349,631
Jau. 1 to June 30.... 386,552
100,276
124,087
5,874
582,207
July 1 to June 30 —.. 637,170
110,001
165,412
33,005
5,928
6,836
259
374
Ohattan’ga Soutli’u.June
4 ,4 0 0
34,204
36,017
do f.364
3,184
Jan. 1 to June 30.—.
333,814
861,527
280,138
A Ohio a ...... June 1,000,978
19,510 Ohes.
Jan. I to Juue 30__ 5,740,795 5,349,651 1,773,239 1,580,743
July 1 to June 30. ...11,788,557 10,708,183 3,806,250 3,421,414
6,841
Onto. Burl.AQuln.hSJuue 3,192,949 3,022,133
2,2621
951,381
899,151
J a n . 1 to June oO__ 19,851,751 13,941,847 6,812,025 6,278,69 u
""8 2 2
July 1 to June 30 ..12,800,102 35,526,186 10,527,914 14,322,270
1,438
4,596
273,876
131,623
103,884
Chicago A East.IU,bJunc 321,008
33,631
935,438
Jan, 1 to June 30__ 2,320,132 2,193,770
886,868
'16.544
1,816,434
1,692,579
July 1 to June 30---- 4,231,438 3,927,UU
"1/272 Ohioago Gt. West’m.Junc 472,890 389,273
132,013
112,021
£. 7,778
726,056
610,709
J a n . 1 to Juno 30.... 2,594,561 2,280,912
” 3,495
91,934
80,747
3.394
Ohio. tnd. A Lonts.a. May 274,152 200,910
324,004
298,801
19,103
jam 1 to May 31....... 1, 59,767 1,138,218
880,796
700,057
J u l y 1 to May 31....... 3,043,160 2,021,682
354,669
212,435 Ohio. M. A St. P.a..July 2,535,193 2,713,394
852,521
949,83 8
142,234
jam 1 to July 31....18,291,575 16,461,878 6,337,532 6,074,191
286
1.695

THE

A ugust 27, 1898. J
- G j' o s s

R oad s.

C hic. R I*LA Pac a J u n o
A p r. L to J u n e 30 . . .
Ohio. T erm . Trausf. b J im e
J u ly L to J u n e 3 0 . . .
Ohio. A W est M iob . Tune
J a n . i t o J u n e 30 . . .

C H R O N IC L E .

419

E a r n in g s

1897.
1898.
1 898.
1897.
$
$
$
$
1 ,5 7 6 ,7 0 9 1 .3 3 5 ,0 1 5 k 3 9 3 ,7 3 4
lc 3 8 7 ,3 4 3
4 ,3 9 3 ,1 3 0 3 ,9 0 3 ,0 6 4 k 1 3S 5 922 k 1 0 2 4 ,2 )9
7 4 ,8 2 6
5 6 ,9 6 3
9 6 ,1 8 6
4 2 ,9 4 8
7 3 6 .6 7 5
1 ,1 1 4,72 6 1 ,0 3 8 ,3 5 3
6 7 8 ,4 3 2
L35.760
1 ,7 4 3
142 .67 6
17,3 61
7 5 3 ,5 0 9
1 5 1 ,49 9
1 3 4 ,9 1 4
3 6 2 ,3 9 1

1 89 8 .

a r n m g s . ------, ------- S’e t E a r n m i j s .------- -

1 897.

I U n o is C en tra l, a .. JJ u n e 2 ,1 3 7 ,5 8 4 1 ,7 9 3 ,4 5 4
Jan . 1 no June .50___ 13,2 30 ,5 1 9 1 0,7 0 1 .6 9 4
J u ly 1 to J u a e 3 0 ...2 7 ,3 1 7 ,3 2 0 2 2 ,1 1 0 ,4 3 7

1898.
S
5 9 0 ,7 4 1
4 .0 4 2 ,0 3 1
8 .6 6 2 ,3 3 0

2 1 9 iS 7 4
2 .9 5 5 ,1 0 5
6 ,1 7 5 ,0 5 3

R oads.

$

•S

1897.
4!

Ind iana 111.A l o w a b l u n e
J an . I to J u n e 3 1 . . .
J u ly 1 to J u u e 30 . . .

5 3,253
4 1 4 .4 3 3
8 0 9 ,3 9 9

5 2 ,5 0 9
3 0 3 .0 7 2
7 3 3 ,2 0 L

19,3 16
177,3 33
2 0 3 ,8 9 1

5 ,5 7 4
1 2 4 ,2 7 9
1 9 5 ,0 7 8

6 0 ,3 4 6
4 7 7,4 45
7 3 9 ,6 6 6

2 8 .2 3 3
2 4 6 ,5 9 3
3 3 4 .0 0 0

12,013
1 0 7 ,5 3 1
2 0 1 ,0 33

Io w a C e n tr a l-b . ...J u n e
J an . 1 to J u n e 3 0 . . . .
J u ly 1 to J u u e 3 0 —

157 ,85 0
“-9 7,6 05
1 ,8 7 4 ,4 1 0

134 ,71 7
7 5 1 ,4 1 6
1 ,5 6 5,42 3

4 4 ,3 8 3
2 5 5 ,4 2 3
5 9 9 .6 6 1

41,9 35
2 1 4 ,5 5 4
4 7 0 ,2 6 4

3 1 2 ,6 0 2
1 0 0 ,5 3 9
C in .N .O .& T ex. P a c .a J u ly
5 5 ,8 7 8
64.7 19
C lev e. O auton & So J u u e
3 1 1 ,3 0 2
3 3 6 .2 1 4
J a n . 1 to J u n e 30 . . .
6 3 7 ,9 5 8
692.23L
J u ly I to J u n e 3 0 . . . .
Cle v. Oln. C .A S fc.L .a .J une 1 ,2 0 9 ,2 1 5 1,11 T, 622
J a n . 1 to J u n e 3 0 . . . . 6 ,8 9 9 ,2 5 2 6 .4 2 7 ,6 8 9
J u ly 1 to J u n e 3 0 ----- 1 4 ,3 2 0 .0 9 4 1 3 ,1 1 7 ,1 1 1

1 4 3 ,2 9 3
1 1 ,3 0 6
44,11-5
1 3 1 ,3 4 9
2 7 8 ,2 95
1,054,341
3 ,3 5 1 ,7 2 7

1 0 1 ,3 0 3
8 ,0 9 7
4 1 ,7 9 6
1 1 2 ,6 5 1
2 3 7 ,3 0 4
1 ,5 7 4 ,3 1 0
3 ,2 5 2,44 7

Iron R a ilw a y , b ....... J u n e
J an . l t o J u 6 3 ' . . .
J u ly 1 to J u le 3 0 . . .

1,044
2 5 ,7 4 2
4 7,^ 76

2 .4 8 3
18,013
3 7 ,8 3 6

1,440
9 .5 1 5
1 5 ,8 9 4

715
4 ,3 3 7
8 ,5 6 2

Jack. T a m .A K .W .b lu n e
Jan . 1 to J u n e 30 . . .
A pr. 1 to J u n e 3 0 . . .

3 0 ,6 5 3
1 3 3 .0 3 0
9 2 ,0 1 3

2 3 ,8 3 3
1 6 5 ,31 1
77,7 30

2 ,8 2 9
33,L S5
1 4 ,7 7 7

363
2 6 ,3 1 5
12,5 26

1 2 9 .3 8 4
162 ,00 3
P e o r ia A E a s t ’ D .a .J u n e
7 9 7 ,7 2 6
9 3 0 ,8 0 3
J a n . 1 to J u n e 3 0 ----J u ly 1 to J u n e 3 0 . . . . 1 ,3 8 3 ,1 0 6 1 .6 3 1 ,1 0 2
119 ,09 9
1 0 5 ,13 8
C lev. L or. A W lieel.a M a y
4 7 7 ,0 4 0
6 0 3 ,2 2 7
J a n . 1 to M ay 3 1 ----J u ly I to M ay 3 1 . . . . 1 ,3 3 2 ,6 6 6 1 ,0 7 5 ,5 3 5
1 5 7 ,50 3
1 3 0 ,2 3 0
C o lo ra d o M id la n d . .J u n e
7 9 5 ,1 4 2
7 6 9 ,2 1 6
J an . 1 to J u n e 3 o . . . .
J u ly 1 to J u n e 3 0 . . . 1 ,7 3 1 ,4 4 5 1 ,6 7 1 ,5 4 5
C ola m b . N ew b . A L a u r.—
1 3 2 ,1 9 3
1 2 8 ,2 3 5
A p r. L to J u n e 3o . . .
2 3 0 ,3 4 6
2 3 7 ,6 1 9
J a n . 1 to J u a e 3 0 ___
6
4
,6
-0
Col. Sand. A H o ik ’ g .M a y
2 9 7 ,1 7 1
1 ,2 1 5
363
C r y s t a l ................... J une
5 ,6 5 3
7 ,1 0 6
J an . 1 to J u n e 3 J . ~ .
3 2 ,7 9 7
7 0 ,4 1 1
C u m berla n d V a l.b ..J u n e
3 6 0 ,2 2 0
3 3 3 ,7 2 1
J an . 1 to J u n e 3 J . . .
D ela w a re A H u d son C anal—
R enn9. A S a ra toga b —
5 7 6 ,4 4 1
5 7 9 .4 0 6
A p r. 1 to J u n e 3 0 . . . .
J a n . 1 to J u n e 3 0 . . . . 1 ,0 8 7,70 3 1 ,0 6 2 ,8 2 3
N. Y . A C an ada b —
2 3 2 ,2 0 7
2 2 8 ,9 7 0
A p r. 1 to June 3 0 . . . .
4 2 1 ,4 7 1
4 L 0.368
J a n . 1 to J a n e 3 0 . ...
A lb a n y A Susq. b —
8 7 3 ,1 1 6
9 2 2 ,5 0 4
A p r. 1 to J u n e 3 0 . . . .
1 ,8 0 4,16 0 1 ,7 2 1 ,2 7 7
J a n . 1 to J u n e 3 0.
D e l. L ack. A W estern—
N. Y . L a ck . A West’ n b —
A p r. 1 to J u n e 3 0 . . . . 1 ,640,488 1 .5 7 6.83 8
Jan . 1 to J u n e 3 0 . . . . 3 ,0 6 2 ,8 8 4 2 ,8 1 2 ,3 6 4
S yr. B in g. & N. Y . b —
2 0 5 ,7 0 3
A p r. l to J u n e 3 0 . . . .
2 2 3 ,3 8 1
3 7 3 ,0 3 7
Jan . 1 to J u n e 30 . . .
3 8 5 ,3 4 6
6 1 6 .8 1 6
D en . A R. G ra n d e, b. J u n e
7 1 1 ,7 2 1
Jan . 1 to J u n e 3 0 . . . . 3 ,3 6 7,45 7 3 ,1 7 5 ,6 5 5
J u ly 1 to J u n e 3 0 ___ 8 ,3 4 2 .9 2 6 6 ,9 4 5 ,1 1 4
3 1 ,7 1 6
3 5 ,5 5 1
D es M oines N o.AW . b 4pr.
161.253
1 2 3 ,6 6 9
Jan . L to A p r. 3 0 . . .
1 1 0 ,6 9 0
1 0 3 ,1 7 5
D et. G d. R ap . A W .a. Ju n e
7 1 0 .0 3 6
6 0 0 ,8 0 5
J a n . 1 to J u n e 3 0 —
5 0 ,4 4 9
D e tro it A M aok’ o .a . J u n e
4 9 ,5 1 a
2 6 4 ,2 8 9
2 8 1 ,5 2 4
Jan . 1 to J u n e 3 0 . . .
4
8
1
,4
6
7
4 0 6 ,6 9 9
J u ly 1 to J u n e 3 0 . . . .
D u lu th So. S h .A A tl.—
4 9 1 ,2 1 6
3 7 7 ,4 1 8
A p r. 1 to J u n e 3 0 . . . .
6 9 2 ,5 9 1
8 1 9 ,3 6 5
J an . 1 to J u n e 3 0 . . . .
1 1 1 ,2 6 9
1 0 1 ,77 1
E lg in J o lie t A E ..a . J u n e
7 5 3 ,1 3 1
5 6 1 ,7 4 9
Jan . I to J u n e 3 0 . . . .
J u ly 1 to J u n e 3 0 . . . 1 ,3 9 1 ,2 9 9 1 ,1 8 4 ,6 1 6
E rie, a ........................... M ay 2 ,8 2 6,32 8 2 ,7 1 8 ,8 7 5
Jan . l t o M a y 3 1 . . . . 12,7 66 ,6 9 8 1 1,939,311
J u iy 1 to M ay 3 i ... .3 l , 0 0 7 ,6 6 L 2 8 .5 J 0 .2 3 4
E u rek a S p rin gs . . . J u n e
4 ,33 9
4 ,6 7 6
J au . 1 t o J u n e 3 0 . . . .
2 5 .9 2 4
2 3 ,7 9 3
F a ll B ro o k b —
f A p r. I to J u n e 3 0 . . . .
1 1 8 ,2 2 8
1 4 1 .79 6
<Jan. 1 to J u n e 3 0 . . . .
2 7 2 .3 0 0
2 7 2 ,4 2 1
F itch b u rg , b —
A p r. 1 to J u n e 3 0 . . . . 1 .7 3 6 ,9 5 9 1 ,7 4 4 ,3 5 5
J a n . 1 to Tune 3 0 . . . . 3 ,3 9 2 .6 1 3 3 ,2 7 8 ,3 6 0
F lin t A P ere M arq.a. J u n e
2 3 4 ,4 6 6
2 1 8 ,32 0
J an . 1 to J u n e 3 0 . . . 1 ,4 2 8 ,3 4 0 1 ,3 1 8 ,4 3 9
F t. W. A D en . C ity b. J u n e
9 3 ,3 9 0
8 3 ,0 0 4
J au . 1 to J u n e 3 0 . . . .
6 4 1 ,0 2 0
4 9 2 ,8 2 3
F t. W orth A R io G r ..M a y
3 0 ,1 2 3
1 9 ,0 2 6
Jan . 1 to M ay 3 L . . .
1 9 9 ,6 3 9
1 2 2 ,9 LI
G a d sd en A A tt. U n . .J u ly
624
723
J an . L to J u ly 3 1 ........
4 ,2 6 6
5 ,1 0 3
1 1 5 ,3 1 4
1 0 0 ,1 9 2
G e o r g i a . a . . . . ............ J u ly
J an . L to J u ly 31 . . .
8 4 9 ,1 1 9
8 2 7 ,6 5 2
G eorgia A A la b 'a .a .J u n e
8 8 ,0 0 2
7 6 ,1 3 4
J an . 1 to J u n e 3 0 . . . .
.593,405
4 9 6 ,6 4 4
J u ly 1 to J u n e 3 0 . . . . 1 ,2 2 6,38 8 1 ,0 2 1 ,8 3 7
G a. South. A F la .a . J u ly
8 8 ,4 3 3
7 6 ,6 2 2
J an . 1 to J u ly 3 1 . . . .
5 7 0 ,6 5 2
4 8 3 ,5 4 9
G d. R apids A I n d .a .J u n e
2 15 ,64 8
196 ,44 7
JaD. l t o J u n e 3 0 . . . 1 ,2 6 7,88 8 1 ,1 4 9 ,7 4 7
G r .T m n k o f C an ada..M ay 1 ,571,581 1 ,4 7 5 ,5 7 8
Jan . 1 to M ay 3 1 . . . . 7 ,5 9 6 ,4 6 ! 6 ,9 4 7 ,3 4 9
J u ly 1 to M ay 31 ...1 8 ,5 3 2 ,1 9 3 17,0 41 ,8 5 1
Ohio. A G r. T ru n k . M a y
3 0 0 ,1 6 7
2 2 6 ,i6 6
J a n . 1 to M ay 3 1 . . . . 1 ,542,761 1 ,1 9 0 ,8 3 0
D e t. G r. H. A M il..M a y
6 0 ,1 9 8
7 3 ,5 5 8
Jan . L to M a y 3 1 . . . .
3 5 3 ,4 3 9
3 8 4 ,1 8 4
G u lf B e a u m 't A K. C .—
7 1 ,4 1 3
9 3 ,2 5 6
J an . 1 to J u ly 3 1 . .

8 ,4 8 0
2 1 3 ,4 0 4
4 5 6 ,7 8 1
2 9 .3 8 2
1 6 0 ,3 4 0
4 0 4 ,6 0 0
2 7 ,5 7 7
1 1 1 ,9 0 2
34 4,344

32,823
162,971
3 4 2 ,3 1 6
2 7 ,9 9 6
1 32 ,17 5
2 8 4 ,31 5
6 0.7 62
1 7 9 ,3 6 9
3 3 5 .3 7 6

K a n a w h a A Mtoh b J u n e
J an . 1 to J u n e 3 0 . . .
J u ly 1 to Ju u e 3 0 . . .

47,9 68
2 6 8 ,5 7 4
5 6 0 ,0 4 0

4 2 ,1 5 5
2 1 3 .6 3 7
4 3 1 ,5 8 1

12,698
6 6 ,5 2 4
1 5 3 ,9 5 0

1 3 ,2 2 9
5 5 ,8 6 3
1 1 9 ,9 1 1

9 7 .7 9 8
7 3 9 .7 2 3
1,5 7 4,00 5
4 .3 3 9
1 9 8 ,8 5 8
3 3 2 ,5 0 9

1 0 0 ,6 0 4
6 8 5 ,3 0 8
1 ,4 5 3 ,3 5 9
3 ,2 7 7
1 1 1 ,5 0 8
3 1 5 ,1 8 3

3 3 ,9 4 3
6 2 ,7 6 5
4 ,7 0 6
2 3 .H 0
d e f-123
3 .5 06
3 0 ,2 2 1
9 9 ,3 7 9

29,3 70
54,751

776
2.884
3 5 ,3 26
9 8 ,1 9 4

1 4 6 ,9 1 2
2 7 1 ,9 6 5

1 6 5 ,1 9 4
2 9 6 ,1 0 9

7 5 ,2 6 6
1 1 4 ,2 0 0

51,8 73
101,047

3 2 4 ,2 9 1
6 6 6 ,2 3 1

3 0 5 ,8 3 2
6 5 0 ,5 3 5

5 3 5 .2 6 5
1 ,0 4 0,09 1

6 30 .80 8
1,0 8 2.63 5

1 0 1 ,14 3
1 4 0 ,2 7 5
2 8 3 .9 1 3
1 ,5 3 3 ,6 8 1
3 ,3 2 5 ,3 2 7
1 1,9 82
5 7 ,0 6 L
1 3 ,9 2 5
1 62 ,11 8
1 8 ,2 3 9
1 2 3 .91 4
1 7 0 ,3 2 0

8 9 .2 8 2
1 55 ,44 9
2 7 7 ,4 " 9
1 ,3 3 3.30 9
2,8 0 9,77 8
2 ,4 2 2
2 8 .5 7 8
18.447
137 ,40 6
10,081
71.4 10
96,9 00

1 70 ,65 3
2 9 1 ,8 0 9
3 5 .0 8 7
3 0 0 ,e 5 8
5 0 1 ,6 7 3
7 2 1 ,0 3 4
2 ,6 5 2.^ 7 7
7 .7 6 3 ,6 42

100 ,72 0
103 ,74 5

K an. C. F t. 9. A M .a. J une
3 6 5 ,5 7 5
3 8 5 ,0 43
Jan . 1 to J u n e 3 9 . . . 2 .4 3 7 .4 4 7 2 ,2 6 3 ,2 9 8
J u ly l t o J u n e 3 0 ___ 5 ,9 8 3 ,3 7 2 4 ,6 1 3 .4 5 4
3 2 ,7 9 0
K a n . C .M e m .A B .a . J u n e
1 0 1 ,39 4
J an . I to J u n e 30 . . .
7 6 3 ,2 2 5
58 4.339
J u ly 1 to J u n e 3 0 . . . . 1 ,4 0 9,49 8 1 ,2 4 1 ,3 9 3
K a n . C ity A N o rth w .—
6 9 ,5 4 5
A pr. 1 to Ju n e 3 0 . . . .
7 7 .2 S 0
J au . 1 to J u n e 3 0 . . . .
1 7 3 ,4 2 7
1 6 1 ,2 6 8
K. C A Sub B elt ....J u n e
3 8 ,1 4 4 i n 4 7 ,0 3 3
393.2L 3
J u ly 1 to J an e 3 9 . . .
5 1 2 ,1 5 0
4 6 ,3 2 3
K eoku k A W e s t .b b . J u a e
3 9 ,3 5 4 ,
J an . 1 to J u n e 3 0 . . . .
2 6 7 ,2 3 9l
2 5 7 ,9 5 2
L. O ham pl. & M o ria h —
........ ..
A p r. 1 to J u n e 3 0 . . .
4 ,9 6 0 1
J au . 1 to J u n e 30 . . .
1 8 ,0 7 9 )
...............
L ake E rie A W e st.b . Juno
2 5 2 .1 8 7
2 9 3 ,1 7 9
Jan . 1 to J u n e 3 0 . . . . 1 ,6 1 3,7S 0 1 ,6 3 5 ,7 4 1
L a k e Sh. A M ich . S o .b —
A pr. 1 to J u n e 3 0 . . . 4 ,9 0 8 ,S 2 9 4 8 7 8 ,6 7 3
J an . 1 to J u n e 3 0 ___ 1 0 ,1 0 9 ,6 0 9 9 ,6 2 0 ,8 5 0
L eh igh A H u d so n , b —
A p r .l to June 3 0 . . . .
83,3 21
7 3 ,4 0 9
L ehigh V a lle y R R ...J u n e 1 ,4 9 2.05 9 1 ,4 1 8 ,1 8 0
Jan. 1 to J u n e 3 0 . . . , 8 ,4 2 9 ,5 8 7 8 ,1 4 2 ,5 2 3
D eo. 1 to J u n e 3 0 . . . 9 ,9 6 3 ,6 9 8 9 ,6 0 3 ,8 6 2
L eh igh V al. Coal Co J u n e 1 ,1 5 5 .9 5 0 1 ,2 3 3 ,5 2 0
Jan . 1 to J u u e 3 0 ___ 6 ,4 9 1 ,1 2 7
6 ,3 7 8 ,0 7 5
D eo. 1 to J u n e 3 0 . . . 8 ,0 0 >,104 7 ,8 3 7 ,8 3 3
18,849
L e x in g to n A E a st.b . J u n e
17,737
Jan . 1 to Ju n e 3 0 . . .
1 05,802
104,811
4 2 6 ,7 5 1
L o n g Isla n d R K b . . J u n e
4 4 1 ,2 0 2
J an . l to J u n e 3 9 . . . , 1 ,8 3 7 ,5 4 2 1 ,6 8 1,87 3
J u ly l to J u n o 3 0 ___ 4 ,3 3 3 ,1 9 4 3 ,9 5 4 .8 6 8
L on g le l’ d R R Sys b J n n e
4 8 1 ,7 9 9
4 7 2 ,6 3 5
J a n . I to J u n e 3 0 ___ 1 ,9 3 3,98 2 1 .7 9 4.74 0
J u ly 1 to J u n e 3 0 . . . 4 .6 8 3 ,9 5 6 4,3 2 9,57 1
3 8 ,3 0 2
L ouis. H e n .A 3 t.L .b . J u n e
3 3 ,1 1 2
J a n . 1 to J u n e 3 0 . . . .
2 3 7 ,2 2 8 !
2 1 1 ,5 9 3
4 4 5 ,8 3 0
J u ly 1 to J u n e 3 0 . . . .
5 2 3 ,2 4 5
L ou lsv. A N a s h v .b .-J u n e 1 ,8 8 0.35 9 1 ,6 6 0 ,6 5 0
Jan. l t o J u n e 3 0 ...1 0 ,9 2 2 ,8 3 7 9 ,7 7 9 ,3 8 8
J u ly 1 to J u n e 3 0 ___ 2 1 ,9 9 6 ,8 5 2 2 0 ,3 7 2 ,3 0 7
3 ,6 7 1
M aoon A B ir m ln g ...J u n e
2 ,8 7 1
2 8 ,1 1 7
Jan . I to J u u e 3 0 ___
2 6 ,1 4 3
6 1 ,9 7 1
J u iy 1 to J u a e 3 0 . . . .
65,1 31
1 5 ,9 0 0
M a n lstiq u e .................J une
1 0 ,0 4 9
6 0 ,3 1 8
J an . I to Ju n e 3 0 . . . .
5 9 ,6 5 3
M ex ica n C e n tra l___J u n e 1 ,1 0 4 ,2 5 7 1 ,0 8 0 ,8 0 5
J an . 1 to Ju n e 3 0 . . . 6 ,7 3 3 ,2 9 3 6 ,5 6 7 ,7 5 3
2 3 6 ,8 2 9
M ex. In te rn a tio n a l.J u u e
2 7 1 ,9 2 9
J a n . 1 to J u r e 3 0 . . . . 1,6 6 5,97 2 1 ,5 4 2 ,7 0 6
144
4 7 9 ,6 4 9
M ex ica n N a tio n a l...J u n e
5 0 5 ,1 7 7
J au . 1 to Ju n e 3 0 . . . . 3 ,0 3 5 ,0 9 8 2 ,9 9 9 ,0 2 4
4 8,7 13
M ex loa n N o rth e rn ...M a y
4 1 ,3 5 2
2 7 1 ,7 4 9
Jan . 1 to xMay 3 1 . . . .
2 2 8 ,7 9 3
5 6 8 ,0 3 8
J u ly 1 to M ay 3 1 , . . .
5 0 1 ,0 0 1
194 ,50 7
Minn. A St. L o u is .a . J u u e
175 ,17 3
9 0 9 ,3 5 0
Jan . 1 to J u n e 3 0 . . . . 1 ,0 0 2 ,9 4 5
J u ly 1 to J u u e 30 . . . 2 ,2 1 6 ,5 7 6 2 ,0 0 6 ,5 0 4
3 L 2.664
M lnn.St.P .A S.Sto.M J u n e
3 1 7 .4 5 9
J an . 1 to J u n e 3 0 . . . 1 ,8 2 6,38 3 1 ,5 9 3,22 7
J u ly l t o J u u e 3 0 . . . . 4 ,1 3 2 ,7 0 0 3 ,5 9 8 ,3 6 4
6 4 5 ,7 1 5
Mo. K a n sa s A T e x .a June
065,721
J an . 1 to J u n e 3 0 . . . . 5 ,0 0 2 ,7 0 6 4,9 29,295
........
J u iy 1 to J u u e 3 0 ....1 2 ,0 4 7 ,2 3 7
2 2,7 57
2 3 ,4 0 9
Mo b ile A B irm ’ gh ’ m. J u n e
1 5 0 ,62 3
1 82,033
J au . 1 to J u u e 3 0 ___
3
5
8 ,3 3 1
J u ly 1 to J u n e 3 0 . . .
3 0 0 ,2 9 5
3 0 1 ,5 6 7
M ob ile A O h io .a ___Ju n e
3 0 3 ,0 0 4
J an . 1 to J u n e 4 0 ___ 2 ,0
. 7 1 ,9 1 4 1,8 7 7,32 9
J u ly 1 to J u u e 3 0 . . . . 4 ,2 0 7 ,3 1 9 3 ,8 6 7 ,3 5 3
1 1 7 ,6 7 1
M on tereyA M e x .G ’ f.M a y
1 2 7 ,8 7 8
5 8 0 ,01 1
6 5 3 ,2 1 6
Jan . 1 to M ay 31. . . .
549 ,53 1
N ash. Ch. A S t . L .b .J u i y
4 8 0 ,2 7 8
3
,0
3 0 ,3 7 8
J an . 1 to J u iy 3L
3 ,2 8 5 ,2 5 1
3 ,7 7 7
6 ,1 0 3
N eva d a C en tra l......... M ay
1 3 ,6 4 2
Jan . 1 to M ay 3 1 . . .
2 0 ,3 3 8
3
5 ,8 8 7
J u ly 1 to M a y 31 . . .
4 3,9 16
|N ew b . D u toh ess A C on n .—
2 9,9 31
2 9 ,4 6 9
A p r. l to J u n e 3 0 . . . .
5 8 ,2 0 4
Jan . 1 to J u n e 3 0 ___
5 7,5 09
N ew E n g la n d b —
A p r. 1 to J u n e 3 0 . . . . 1 ,3 6 9 ,4 3 4 1 ,3 7 0,29 3
Jau . l t o J u n e 3 0 . . . . 2 ,0 2 2 ,0 5 7 2 ,5 0 6,91 3
N. Y . Chic. A St. L .b —
A p r. 1 t o J u n e 40 . . . 1,4 1 2,84 7 1,2 4 4,25 3
Jan . 1 to Juue 3 0 . . . . 2 ,9 8 2,20 5 2 ,5 5 5 ,2 3 7
349 ,67 3
3 1 5 ,7 3 4
N. Y. O n t.A W est a . Ju n e
1 ,7 3 2,05 4 1,707,698
Jan . I to J u n e 3 0 ............
3
,8
9 4,40 3
294
J u ly 1 to J u n e 3 0 . . . . 3 ,9 1 4,03 5
N. Y. A R ook. B e a ch —
44,6 28
A p r. 1 to J u u e 3 0 . . . .
4 0 ,2 5 7
5 6 ,3 3 0
Jan . 1 to J u n e 3 0 ___
54,6 09

9 8 .4 2 9
O a oota w O kl. A G .b . J u n e
7 3 9 .3 7 3
J an . 1 to J u n e 3 0 . . . .
N o v .I to Ju n e 3 0 ___ 1 ,0 5 3,07 7

34,724

9 ,4 6 7

1 9 8 .0 5 4
412,581
710 ,33 5
2 .5 3 2 ,4 0 L
7 ,3 1 8 ,2 1 0
I,
9 ,4 7 5

5 2 ,3 8 4
1 0 6 .00 3

66,0 91
112,475

813

4 0 5 .9 8 0
8 4 1 .2 6 1
56,8 83
3 15 ,98 9
14,149
85,2 74
8,886 d e f. 1,050
1 3,4 80
6 7 ,5 8 4
302
161
1.966
1 ,3 3 2
g 2 .0 3 8
{518.177
l o 9 ,5 4 4
i.53,553
12.578
1 3,1 66
1 0 1 ,2 1 8
1 3 7 .3 3 7
2 34 .05 5
3 5 0 ,4 6 0
29,850
3 2,7 36
1 4 6 ,3 6 4
1 6 8 ,0 8 7
3 7,4 88
3 5 ,4 9 8
2 7 5 ,8 3 1
2 8 4 ,5 0 7
5 52 ,10 0
6 0 9 ,2 4 0
2 ,3 6 1 ,4 6 4 1 ,9 2 1 ,8 3 4
6 ,3 1 4 .6 0 3 4 ,9 2 0 ,2 0 7
4 2,1 59
7 3 ,0 4 8
1 3 7 ,2 0 3
3 1 7 ,5 2 6
1 0 ,9 9 1
1 0 ,8 6 3
6 2 ,8 2 2
6 8 ,1 8 1
4 2 1 ,7 0 1
8 7 3 ,1 3 3
6 0 ,2 6 7
3 3 0 ,92 1
2 6 ,2 1 4
2 1 1 ,3 4 2

4 7 ,0 9 5

31,661

G u lf A C h ic a g o .b .. J u n e
Jan. l t o J u n e 3 0 . . . .

2 ,3 5 2
2 3 ,4 7 0

2 ,4 7 3
2 0 ,6 9 7

d e f.8 1 3
4 ,3 6 7

d e f.2 4 3
2 ,5 9 0

H o o s a c T u n . A W il..J u n e
J a n . 1 to J u n e 3 0 . . . .

4 ,7 6 3
2 4 ,4 2 7

5 .0 5 4
2 1 ,3 9 9

d e f.2 ,2 6 0
6 ,6 2 0

1 ,9 0 6
II,

H o a st. A T e x . C en t..M a y
1 7 8 ,3 3 9
J a n . L to M a y 3 1 . . . . 1 ,1 0 8 ,8 5 7
J u ly 1 to M ay 3 1 . . . , 2 ,9 9 8 ,0 3 6

1 7 9 ,2 2 7
1 ,1 0 2 ,7 7 3
3 ,0 2 9 ,9 7 2

1 7,2 5 4
2 2 5 ,0 2 5
1 ,0 1 4 ,9 8 3

d of.4 0 1
1 6 6 ,3 4 3
1 ,0 1 9 ,0 6 8

8 ,1 9 4
d o t e ,9 1 8
3 5 ,8 4 9
2 3 ,9 5 8
1 1 ,0 2 0 i n 1 0 ,4 8 9
2 3 7 ,2 1 7
1 1 8 ,7 8 6
5 ,6 6 2
8,5600 4 ,3 3 9
5 8 ,7 9 8
1 ,158
4 ,5 7 9
7 2 ,3 2 8
6 1 3 ,3 0 2

1 1 1 ,9 4 6
6 3 7 ,8 9 5

1 ,6 1 9 ,7 7 0
3 ,5 7 3 ,8 7 0

1 ,7 5 8 ,4 1 8
3 ,5 6 9 ,6 8 5

3 6 ,9 9 0
3 1 0 ,9 7 5
1 ,8 3 9 ,6 1 4
2 ,3 0 3 ,6 9 6
d f. 110 ,47 4
d f.3 3 2 ,4 5 0
d f .4 4 1 ,8 4 5
5 ,2 0 3
3 4 ,9 2 8
2 0 0 ,6 9 0
4 2 5 ,2 8 9
1 ,3 4 3 ,8 2 1
2 0 8 ,6 4 0
4 1 7 .6 7 9
1 ,4 4 9 ,5 9 4
7 ,3 9 1
5 2 ,4 2 4
1 2 6 ,8 6 4
5 2 1 ,4 0 7
3 ,2 6 4 .5 3 5
7 ,0 7 4 ,9 2 2
d e f.1 ,2 5 3
d e f.3 ,4 7 8
d e f.1 2 ,3 8 0
5 ,0 2 9
2 5 ,4 8 3
3 8 2 ,2 6 2
2 ,1 8 1 ,2 4 0
1 1 1 ,21 5
6 3 7 ,7 0 7
c 2 3 0 ,5 6 7
c l , 3 7 6 ,6 1 6
2 4 ,5 5 8
1 23 ,2 23
2 8 1 ,3 1 4
5 9 ,1 5 8
3 5 5 ,8 6 9
8 7 8 ,0 6 2
1 2 9 .5 2 7
7 9 3 ,3 1 0
1 ,3 9 4 ,9 9 3
1 2 0 ,91 0
1 ,1 3 2 ,5 5 0
3 ,3 0 4 ,8 1 9
2 , LOO
4 4 ,8 7 4
6 6 ,7 0 0
5 8 ,1 1 0
4 3 1 ,9 7 1
1 ,2 9 9 ,7 4 5
3 4 ,7 8 5
2 6 1 ,2 7 3
2 1 9 ,8 9 0
1 ,1 4 3 ,2 0 9
3 ,8 4 9
8 ,5 0 0
13,9 23

3 5 ,9 6 0
2 4 4 ,7 0 1
1 ,3 9 4 ,3 7 3
1 ,7 5 1 ,2 9 9
d e f.3 ,0 7 3
d f.2 6 1 ,8 6 0
d f.2 9 1 ,4 3 0
7 ,4 5 2
3 4 ,4 4 3
1 8 1 ,6 3 5
3 6 8 ,3 9 5
1 ,2 2 5 ,9 1 6
1 9 7 ,5 5 7
3 4 7 ,5 79
1 ,2 9 7 ,9 3 1
6 ,5 1 3
3 7 ,0 9 5
1 0 5 ,9 9 0
4 9 0 ,8 6 7
2 ,9 9 1 ,8 3 5
6 ,5 2 3 ,0 8 9
def. 4,202
d e f.1 4 ,0 1 1
d e f .2 1 ,0 8 5
9 ,9 5 1
1 9 ,4 5 3
3 1 5 ,7 2 5
2 ,1 9 1 ,5 1 6
8 7 ,9 6 9
5 8 8 ,7 7 5
C 22 3 .2 4 7
c l , 4 4 0 ,7 2 5
2 7 ,6 3 4
1 5 1 ,77L
3 0 6 ,5 6 4
6 5 ,3 2 2
3 1 4 ,9 9 1
8 0 7 ,3 8 8
1 2 3 ,8 0 4
5 7 3 ,2 8 4
1 ,4 3 9 ,0 6 9

6 ,3 9 3
1 3 ,2 9 7

2 ,3 2 9
2 1 ,9 5 4
8 9 ,0 9 6
8 68)63
5 1 9 ,7 8 5
1 ,2 8 3 ,8 9 6
5 7 ,0 9 1
2 3 1 ,4 9 0
1 8 0 ,6 5 9
1 ,0 8 1 ,7 0 9
1 ,2 9 1
2 ,0 1 6
8 ,6 1 5
2 ,0 7 0 "
4 ,5 3 5

3 3 7 ,12 4
5 7 5 ,0 1 0

4 3 9 ,9 1 8
6 70 ,52 0

251 ,77 3
5 0 7 ,61 1
8 3 ,0 1 0
4 1 1 ,5 1 7
1 ,1 1 2,99 2

2 4 6 ,1 3 9
4 5 9 ,2 1 5
92,2 88
4 1 7 ,3 8 9
1 ,1 1 3 ,9 0 0

4 ,1 0 2
d ef.1 ,0 2 8
d ef. 5 ,7 5 1 d e f.2 1 ,7 5 7

42C

THE
- O r o n X tim in g s
1 89 3 .
1897.
9

9

P e o r ia Geo. * Er. b. A p r.
J a n . 1 to Apr. 3 0 ___
Petersburg, b ........ 1une
Jan . 1 t o J u n e 3 0 . . . .
J u ly 1 to J u n e 3 0 ___
Phila. A Erie.b.........J u n e
Jan . 1 to June 3 0 ....

6 S .76 7
2 7 8 ,9 5 3
6 0 ,4 2 7
3 4 3 .9 3 7
5 9 6 ,1 7 3
3 6 3 ,2 1 8
1 ,8 8 3 ,2 2 2

6 1 ,4 9 6
2 7 8 ,9 0 4
5 2 ,1 4 9
3 1 1 ,7 1 3
5 5 9 ,2 9 2
3 7 3 ,5 5 5
1 ,8 6 4 ,1 0 7

P h ila . A R e a d in g b .. M a y 1 ,6 9 7 ,5 4 6 1 ,6 1 3 ,1 0 2
J a n . 1 t o M a r 3 1 . . . . 8 ,2 8 0 ,4 0 5 7 ,7 1 9 ,9 0 1
J u ly 1 to M a y 31 ....2 0 ,1 6 6 ,5 7 0 1 3 ,9 3 7 ,4 6 4
C o a l A I r o n C o ..b ..M a y 1 ,8 0 2 ,8 5 1 1 ,6 3 7 ,6 0 9
J an . 1 in M a y 3 1 . . . . 7 ,9 3 1 ,5 8 8 7.L 3 8 .3 32
J u ly 1 t o M ay 3 1 ....2 1 ,3 1 4 ,4 5 0 1 9 ,5 4 7 ,7 9 0
T o t a l b o th C o 's .b .M a y 3 ,5 0 0 .3 9 7 3 ,2 5 0 ,7 1 1
J a n . 1 to M a y 3 1 ....1 6 .2 1 1 ,9 7 3 1 4,9 0 6 ,2 6 3
J u ly 1 t o M a y 3 1 ....4 1 ,4 8 1 ,0 2 0 3 3 ,4 8 5 ,2 5 4
.............
R e a d in g C om o’ y b ..M a y
........
J u ly 1 to M ay 3 1 . . . .............................................
T o ta l all ComD’ s .b . M ay
........ .............................
..............
J u ly 1 to M a y 3 1 ............................

$

9

8 8 .2 4 1
3 6 3 ,0 3 1
9 2 9 ,1 5 6
2 0 1 .9 1 3
1 ,3 8 3 .9 33
2 ,6 3 1 ,2 7 5
7 43
5 ,7 3 1
2 0 .4 9 6
1 6 8 ,2 5 3
9 7 8 ,4 6 8
4 2 4 .8 6 7
1 ,0 8 6 ,0 2 3
..............
2 7 .4 7 9
1 3 9 ,3 4 0
d e f.2 7 *
1 0 ,0 9 9
5 8 ,3 0 3
* 1 6 4 ,3 3 0
*0 5 3 ,3 1 8
e l , 9 5 7 ,4 1 4
3 1 3 ,5 0 8
1 ,2 2 2 ,8 0 6
2 ,2 4 3 ,8 6 9

1 ,2 2 8 ,0 2 5 1 ,3 2 1 ,2 3 5
8 ,5 3 8 ,9 5 0 8 ,4 3 1 ,3 5 0
D ee. 3 5 5 ,7 0 0
In o.
1 1 ,5 0 0
3 ,2 8 0
5 7 ,4 5 7
2 9 ,6 7 4
1 3 3 ,9 5 9
3 0 1 ,0 8 3
8 5 ,4 1 8
4 4 3 ,2 9 7

1 ,0 3 8
5 5 ,9 2 4
2 5 ,2 5 4
1 5 4 ,0 6 1
2 8 1 ,0 3 8
9 4 ,3 3 4
1 7 7 ,4 9 6

5 8 8 ,26 1
6 3 1 ,1 0 9
3 ,2 6 3 ,9 2 9 3 ,1 1 1 ,4 5 0
8 ,8 2 1 ,5 5 7 8 ,2 8 7 ,4 4 1
d e f.4 7 ,2 5 2 d e f.9 0 ,2 8 0
d f.2 4 8 ,7 0 9 d£.5 9 3 ,8 1 0
1 3 7 ,2 1 9
5 6 9 ,4 1 3
5 8 3 ,8 5 7
1 9 7 ,9 8 1
8,020,220 2 ,5 2 0 ,6 3 1
9 ,3 9 0 ,9 7 0 8 ,4 0 4 ,6 6 3
2 3 ,1 5 7
3 4,9 57
3 1 4 ,0 0 9
3 1 0 ,9 1 9
5 3 2 .9 3 8
6 0 7 ,3 1 1
9 ,7 0 1 ,8 8 9 8 ,7 1 8 ,6 7 2

P h il. R e a d . A 17. B , . Tune
J a n . 1 to J u n e 3 0 . . . .
J u ly 1 t o J u n e 3 0 . . . .

5 8 ,3 4 3
3 0 1 .6 3 2
6 8 1 ,6 1 1

5 6 ,8 5 2
2 8 7 ,8 5 9
6 4 7 ,4 7 6

19,3 73
7 7 ,5 9 7
2 1 3 ,5 2 9

19,7 07
9 6 ,4 7 8
1 9 7 ,0 5 3

F h ila .W ilra. A B a lt .b J ’ ne
J a n . 1 to rune 3 0 ___
N o r . 1 to J u n e 3 0 . . .
P itts . C h a ctle r sA Y ’ li’y —
A p r. 1 to J u n e 3 0 . . . .
J a n . 1 to J u n e 3 0 ___
P it ts . C. C. A St L .a . July
J an , 1 to J n ly 3 1 . . . .
P itts . L is . * W e s t ...J u n e
J an . 1 to J u n e 3 0 ___
P it ts b u r g A W est’ n b M ay
J an , 1 to M ay 3 1 ___
J u ly 1 to M ay 3 1 . . . .
P itts . Y ou n g s. A A . J u n e
J a n . 1 to J a n e 3 0 ___
P ro s p . P k .A C o n e y Is l.—
A p r. 1 to J u n e 3 0 . . . .
J a n . 1 to J u n e 3 0 ___
B io h . F red . A P o t ...J u n e
J a n . 1 to J n n s 3 0 ___
J u ly 1 t o J u n e 3 0 . . . .

8 9 6 ,7 1 7
4 ,6 4 1 ,1 8 3
6 ,1 1 0 ,1 4 5

7 5 2 ,1 1 7
4 ,2 7 6 ,0 8 3
5 ,6 2 1 ,1 4 5

2 5 9 ,6 8 5
1 ,0 2 i,994
1 ,4 1 7 ,5 9 3

1 5 0 ,0 1 5
8 3 8 ,0 U
1 ,2 2 7 ,5 9 3

2 5 ,7 5 0
5 1 ,9 8 9
5 0 ,7 7 7
8 8 .5 7 6
8 3 ,9 9 1
39,4 18
1 ,2 3 1 ,3 9 2 1 ,1 7 1 ,2 4 5
3 6 0 ,0 2 8
8 ,7 7 1 .1 7 6 8 ,0 0 9 ,4 1 8 2 ,0 1 0 ,8 6 2
3 ,6 2 7
618
3 ,3 3 4
2 2 ,3 3 8
5 ,6 1 2
2 2 ,0 9 3
8 8 ,9 5 4
3 0 7 ,3 2 8
2 6 4 ,7 3 5
1 ,2 3 1 ,2 1 6 1 ,0 3 1 .6 15
3 5 2 ,3 8 5
8 5 1 ,0 1 9
2 ,8 9 2 ,3 9 4 2 ,1 5 6 .8 2 3
1 8 2 ,5 2 0
56,0 28
1 4 8 ,8 8 5
7 1 1 ,3 8 7
5 8 S, 313
2 1 9 ,2 7 4

2 2 ,1 3 2
3 4,7 61
3 8 2 ,2 0 5
2 ,1 9 5 ,1 1 8
712
6 ,9 6 5
7 7 ,9 3 7
2 7 2 ,4 6 6
7 7 6 ,1 5 0
8 3 ,8 29
1 9 5 ,3 5 9

B lo k . A P e te rs b u rg . J u n e
J an . 1 to J u n e 3 0 . . . .
J u ly 1 to J u n e 3 0 . . . .
K io G ran d e J a n e t ...J u n e
Jan. 1 to June 3 0
D eo. 1 to J u n e 3 0 . . . .
B io G F n d e S ou th , b . J u n e
J a n . 1 to J an e 3 0 . . . .
J u ly 1 t o J u n e 3 0 . . . .
B io G ra n d e W e s t.b .J u n e
J a n . 1 to J u n e 3 0 . . . .
J u ly 1 t o J u n e 3 0 . . . .
at. J o s . A G d . Is l.._ a .J ’ ue
J a n . 1 to J u n e 3 0 ___
J n ly 1 to J a n e 3 0 . . . .
S t, L o u is * Ban F r .b Tune
J an . 1 to J u n e 3 0 . . . .
J u ly 1 to J u n e 3 0 . . . .
S an A n t. A A r a n .P b .M a y
J a n . 1 to M a y 31 . . .
J u ly 1 to M ay 3 1 . . . .
S an F r. A N . P a n .a J u ly
J a n . I to J u ly 3 1 . . . .
S a n t a F e P res. A P li.M a y
J a n , 1 to M a r 3 1 ........
J u ly 1 to M a y 3 1 ........
B a r. F la . A W e st. b .. J u n e
J an . 1 to J u n e 3 0 . . . .
J u ly 1 to J u n e 3 0 . . . .
S llr e r S p .O o a la A G .b Tune
J an . 1 to J u n e 3 0 . . . .
J u ly 1 to J u n e 3 0 . . . .
S llr e r t o n ...................... J u n e
B io a x C ity A N orth J u n e
J a n . 1 to J a n e 3 0 . . . .
S o u t h H a r e n A E . b . .A p r ,
Jan . 1 to A p r. 3 0 . . . .

[V ol , LXVII.

-Y et M a rn in g i. 1898.
1897.

J t.T .S ua. A W e a t .b d M a y
1 8 5 ,8 5 0
1 8 1 .9 2 2
S 4.74 3
8 2 6 ,6 3 3
3 8 0 ,4 1 7
J a n . 1 t o M » y 3 1 ........
8 3 3 ,2 5 0
J u ly I w M ay 3 1 ........ 2 ,1 1 9 ,1 8 3 2 ,0 3 3 ,2 3 7
8 7 1 ,8 8 6
N o rfo lk A W e s t 'u .» J u n e
8 3 1 ,7 7 1
812.3(11
2 0 1 ,07 1
J an , 1 to J u n e 3 0 . . . . 5 .1 0 3 ,9 0 7 5 ,1 2 0,1 1 1 ,4 8 5 .7 3 7
J u ly 1 to J u n o 8 0 ....1 1 .2 3 0 .1 3 3 lt>;a37.723
---------- 3 ,3 5 0 ,0 3 1
N o rth e a ste rn o f G a ,. M ay
4 ,2 9 1
3 .8 3 3 < tef.l,S 5 2
J a n . 1 to M a r 3 1 ___
2 8 ,9 2 i
2 3 ,8 0 1
d u f.7 8 0
J u ly 1 to M a y 3 1 . . . .
0 3 ,7 7 0
6 0 ,9 2 7
1 5 ,7 5 3
1
8 3 .4 3 7
N orth ern C en tra l, b . J n ly
5 3 0 ,3 1 5
5 4 7 .6 9 7
J a n . 1 t o J u ly 3 1 .__ 3 ,5 1 3 ,3 0 9 3,(574,083
8 3 3 ,9 1 7
N o r t h e r n P a c lU o b .. M a y 1 ,9 1 8 ,1 9 1 1 .4 7 0 ,0 1 4
7 9 3 .2 1 7
tan. 1 to M ay 3 1 ___ 3 ,5 7 3 ,7 4 3 6 ,0 8 3 .5 2 3 3 ,6 8 1 .3 1 9
J u l y 1 to M ay 3 1 ....2 1 ,9 4 9 ,1 0 1
1 0 ,7 8 8 ,8 4 1
O h io R l v e r . b . . . .......J u n e
8 0 ,7 3 3
7 5 ,9 3 6
S 3.46 5
J a n . 1 to J u n e 3 0 ___
4 3 0 ,7 1 5
1 1 1 ,1 0 3
4 2 2 ,3 4 5
O M o K Iv e r A o iia s -b J u n e
11,3 89
11.5 53 d e f 2 ,2 0 )
J a n , 1 to J u n e 3 0 . . .
1 0 0 ,0 4 8
86,6 61
1 4 .1 6 8
J u ly 1 to J u n e 3 0 . . .
190 ,65 5
1 81 ,35 2
3 3 ,3 3 8
O regou R R . A N a v ..J itn e
519.*T>7
4 1 7 ,2 2 2
6 2 3 4 ,5 8 1
J a n . 1 t o Ju n e 3 0 . . . . 3 ,2 5 3 ,0 1 3 1 ,9 7 8 ,0 7 2 e l . 1 5 8 ,30 3
J u ly 1 to Ju u o 3 0 ___ 6 ,8 9 5 ,3 9 2 4 ,6 3 9 ,6 2 1 £ 3 ,9 0 5 ,0 1 7
O r e g o n S h ort L tu e.n J u n e
6 0 1 ,3 0 3
5 8 8 ,4 7 9
3 1 9 ,3 0 5
a a J » n 1 t o J n u e 3 0 . . . . 3 ,0 5 3 ,4 5 1 2 ,7 0 6 ,0 0 5 1 ,4 2 2 ,1 9 4
J u ly 1 t o J u n e 3 0 . . . . 6 ,3 1 7 ,0 5 8 5 ,7 2 6,24 S 2 ,7 2 8 ,5 9 8
P e n n s y lv a n ia —
L in es d ir e c t ly o;
R a e t o f P i t t a .iB .J * n e 5 ,2 4 8 ,1 3 5 5 ,1 8 5 ,3 3 5
J a n . 1 t o J u n e 3 0 . . . .3 1 ,3 6 3 ,5 1 1 2 9 ,5 8 9 ,5 1 1
W e ste r p u ts.& E. June
D oe.
3 7 ,4 0 0
J an . 1 to J u n e 3 0 . . .
I n c . 2 ,0 8 3 ,8 0 0

C H R O N IC L E .
(tr u m p s .—

1897.

R oads.

$

S o u th e rn P a oltio—
U a l.U a r.A .9(1 i A b M .iy
33 7.937
J an , 1 to .May 3 1 ___
1 ,8 1 0 .5 7 4
J niy 1 to M a y 31 . . .
4 ,4 8 3 ,7 4 1
L ou isia n a W est b . M ly
70,9 41
J an . i to M a y i t ___
4 0 3 ,3 1 0
J u ly 1 to M ay 3 1 ___
’ 9 1 2 .8 3 7
M 'ga n ’ a L a .A T e x .b M a y
3 9 3 ,2 7 3
J a n . I to M a r 3 1 . . . .
2 ,0 7 6 ,9 5 4
J n ly 1 t o M ay 3 1 . . . .
6 ,1 1 8 ,2 8 2
N. Y . T e x . A M b .. M ay
2 3 ,3 1 1
J an . 1 t o M a y 3 1 . . . .
1 1 6 ,7 5 1
J u ly 1 to M a r 31 . . .
3 2 0 ,2 3 0
T e x a s A N. O r l.b .-M a y
1 1 3 ,95 7
J a u . 1 to -May 31 . . .
6 3 4 ,2 3 5
J u ly 1 to M a y 31 . . .
1 ,3 9 7 ,2 2 3
A tla n tia P F p ’ t’ sbIIM ay 1 ,2 3 5 ,3 7 0
944 565
J a n . 1 to M ay 3 1 . . . . 6 ,1 7 7 ,9 6 9 5 ,1 2 9 .0 6 8
J n ly 1 to M a y 31. ...1 2 ,6 8 4 ,8 1 5 1 2 ,1 7 8 .1 5 2
So. Pan, o f O a l.b .M a y
9 1 5 ,8 3 5
7 8 9 ,2 7 0
J an . 1 to M a y 31 . . . 4 ,53 1,029 3 ,7 5 3 ,9 3 6
J n ly 1 to M.ay 3 1 ...1 0 ,3 0 7 .4 1 8 8 ,8 0 3 ,9 9 6
So. Pao. o t A r ia .b .M a y
2 3 8 ,3 2 3
2 1 2 ,8 3 3
J an . 1 to M a y 3 1 . . . . 1 ,4 7 0 .6 3 1 1 ,0 6 2 ,8 1 7
J u ly 1 to M a y 3L . . . 2 ,7 9 0 .1 7 6 2 ,1 7 9 ,3 5 7
So. P ao. o f N . M b .M a y
16L .699
1 2 3 ,8 7 0
Jan . 1 t o M ay 31 . . .
7 3 4 ,37 8
5 7 6 ,0 0 7
J u ly 1 to M a y 3 1 . . . . 1 ,3 8 3 ,0 1 0 1 ,1 4 3 ,8 0 2
N orthern R y. b .. .M a y
2 0 2 ,8 0 0
172 ,72 2
J an . 1 to M ay 3 1 . . . .
8 8 4 ,2 6 3
78 ?,7t31
J u ly 1 to M a y 3 1 . . . . 2 ,1 9 6 ,9 1 6 2 ,0 3 0 ,6 9 4
Paoltlo S y s t e m .b ..M a y 3 ,5 1 1 ,7 3 7 2 ,8 5 1 ,2 3 8
J a n . 1 to d a r 3 1 ....1 5 .4 8 7 ,9 9 4 1 2 ,2 2 0 ,3 0 7
J u ly 1 to M a y 31 ...S 5 .2 9 4 .i 0 9 2 9 .0 7 3 ,4 3 7
T o ta l o f all. b . l __ M a y 4 ,9 5 5 ,9 1 5 3 ,9 0 7 ,3 0 7
J a n . l t u M ay 3 1. ...2 2 ,9 7 1 ,0 9 3 1 3 ,6 0 9 ,9 3 6
J u ly 1 to M ay 3 1 ....5 1 ,4 4 1 ,6 1 4 4 5 ,1 0 2 ,6 2 3
S in th a rn B a U V y .a . lu ly 1 ,9 7 1 ,1 7 3 1 ,6 0 7 ,6 7 4
J au . 1 t o J u ly 3 1 ....1 2 ,1 1 3 ,7 1 0 1 0 ,3 4 b ,537
M em p his D i v .a ... J a n e
1 0 3 ,4 4 9
1 0 0 ,0 3 0
7 1 3 ,1 9 4
J a n , i to J u n e 3 0 . . . .
6 3 1 ,2 9 2
J u ly 1 to J u n e 3 0 . . . . 1 ,5 5 2 ,5 0 1 1 ,3 8 0 ,6 0 2
S taton Isl. R a p . T r .b —
A p r. 1 t o J u a e 3 0 . . . .
1 5 3 ,3 9 5
2 0 0 ,6 1 8
J an , 1 to J u n e 30 . . .
3 1 3 ,1 7 3
2 8 3 ,7 0 0
S ton y Gi. A O . M .. b .J u n e
4 ,1 3 7
3 ,7 3 9
J au . 1 to .June 3 0 ___
9 ,0 9 4
9 ,3 1 4
J u ly 1 to J u n e 3 0 . . .
3 1 ,9 7 3
3 8 ,3 7 7
Syracuse, G en . A C o r n .b —
A p r. 1 t o J u n e 3 0 - - . .
1 5 8 ,9 2 7
1 4 0 ,7 0 7
J a n . 1 to J u n e 3 0 ___
3 0 9 ,3 9 1
2 3 5 ,4 1 0
T erre H a u te A I m P p o li s A p r. 1 co J u n e 3 0 ___
Jan. 1 to June 30 . . .
St. L . Y'an A Perre H .—
A p r. 1 to J u n e 3 0 ___
J un. 1 to J un e 3 0 ___
T erre H a u te A L o g a n .—
A p r. i to J m b 3 0 ___
J a n , 1 t o J u n e 3 0 ___
In d ia n a & L ik e M io h .—
A p r. 1 to J u n e 3 0 ___
J a n . 1 to J u n e 3 0 i . . .
T e rr e H a u te A P e o ria —
A p r. 1 to .! un e 3 0 . . .
Jan. 1 to June 30 —
E i s t St. L. A C a r o u d ’ t—
A p r. 1 to J u n e 30 . . .
J a n . 1 to J u n e 3 0 ___

5 3 8 ,6 9 7
3 ,5 2 3 ,1 1 1
1 8 ,1 0 4
1 7 7 ,3 3 6
4 0 2 ,6 4 8

3 9 5 ,3 7 0
2 ,9 4 2 ,3 5 9
2 1 ,1 9 5
1 1 3 ,0 7 7
3 3 5 ,0 9 7

6 6 ,4 1 0
1 3 0 .5 1 2
1 ,2 5 9
d e f. 1,129
7 ,8 6 5

9 4 .3 0 2
8 3 ,4 1 3
d ef. l $ 3
0

1 3 ,1 1 4

2 1 ,9 1 1
6 3 ,1 1 9

1 6 ,0 3 2
5 8 ,5 3 5

9 7 ,3 5 4
1 8 3 ,5 3 5

7 7 ,7 7 1
7 6 ,9 5 8

1 6 0 .1 7 4
3 0 9 ,0 2 1

1 4 5 ,8 1 5
2 7 5 ,5 0 0

2 2 ,9 6 3
5 1 ,4 6 7

2 6 ,8 7 3
4 9 ,1 7 8

1 6 ,3 6 1
3 3 ,4 3 7

1 6 ,0 8 3
3 1 ,9 5 2

d e f.4 ,7 4 3
d e f.4 ,3 1 4

d e f. 1 ,8 7 5
d e f.3 ,6 4 7

1 0 3 ,00 1
2 1 5 ,6 9 3

7 9 .9 5 0
1 6 9 ,SSO

2 8 ,0 7 8
5 4 ,6 2 0

1 9 ,1 8 6
3 6 ,5 1 7

10,5 11
1 8 ,9 2 0

2 ,9 2 4
1 1 ,2 7 4

1 6 ,3 8 7
8 7 ,2 8 3
2 ,0 0 5
1 5 ,1 9 4
1 5 1 ,8 0 9
8 2 5 ,0S1
1 ,7 5 0 ,5 7 0
6 9 ,8 0 1
4 9 0 ,4 9 1

1,748
2 3 ,5 5 0
8 .1 1 1
5 5,918
2 5 1 ,7 9 1
5 3 3 ,9 1 9
1 5 .2 2 5
1 4 1 ,7 5 6

460
6 ,4 7 3
353
6 ,2 6 0
4 4 ,4 2 5
2 3 4 ,3 2 8
4 6 5 ,7 0 7
1 3 ,6 8 7
1 2 7 ,7 3 3

5 3 1 ,5 1 5
1 ,0 3 9 ,3 2 4

7 1 ,0 7 5
1 3 6 ,0 8 4

0 8 ,5 3 *
1 4 9 ,6 9 6

3 4,4 97
WUkoBb’r e A E i s t . j . .A p r.
4 3 2 ,0 0 4
J u ly 1 to A p r. 3 0 . . .
W lsoonsiu C entral In­
j u n 1 t o .1une 3 0 . . . . 2 ,3 3 5 ,7 4 5
J u ly 1 to J u a e 3 0 ----- 1 ,9 3 9 ,7 2 5
5 ,3 6 4
W riglitsv . A T e n n ..,J u n e
4 1,0 73
J au . 1 to J u n e 3 d ___
9 0 ,4 3 4
J u ly l to J u n e 3 0 ___

6 ,9 4 0
2 0.7 03
1 0 0 .9 7 L
1 ,9 0 2
6 ,7 0 7

360 ,’l 5 6
6 9 1 ,8 1 1
7 8 ,1 3 3
2 5 7 ,9 0 9
8 2 0 ,9 4 6
1 ,4 1 4 ,2 1 0
5 ,7 7 7 ,2 7 5
1 4 ,7 4 7 ,1 3 2
1 ,8 0 0 ,2 49
7 ,9 9 6 ,2 6 6
2 0 ,0 1 2 ,0 9 1

3 6 0 ,2 5 3
7 0 2 ,9 3 8

5 ,8 9 0
6 5 ,7 4 4
9 1 ,2 7 0
4 ,0 0 5
3 ,1 2 9
d e f.4 46
d e f. 3 9 0
d e f.1 .1 9 0

3K 3S

8 ,8 8 8

4 0 ,5 48
1 0 2 ,0 6 3
3 8 ,4 8 8
2 2 1 ,3 4 7
4 9 4 ,1 0 6
1 8 0 ,4 1 0
1 .3 4 4 ,8 9 7
4 ,1 2 4 ,7 6 9
3 1 6 ,2 0 5
1 ,3 5 3 ,0 5 9
3 ,1 8 2 ,1 2 8
7 1 ,6 2 4
3 2 8 ,1 5 5
3 9 6 ,4 3 4
6 7 ,6 1 4
2 9 1 ,9 7 1
5 4 4 ,5 1 0
4 4 ,0 3 1
1 7 6 ,2 9 0
7 4 5 ,4 1 5
1 ,0 0 9 ,8 7 5
4 ,0 7 3 ,1 7 3
1 0 ,7 4 2 ,5 5 3
1 ,1 9 5 ,9 2 9
5 ,6 4 7 ,7 5 3
1 6 ,0 8 0 ,8 6 0

4 1 6 .1 8 1
S u l ,404

12,034
6 3 ,2 2 2
1 0 5 ,7 2 8
Z 8 .5 8 4
f 4 0 ,0 3 7
f 4 3 ,9 3 9
1 4,7 23
6 7 ,4 8 3
1 7 4 ,4 3 9
1 1 4 ,6 9 2
4 2 3 ,5 2 1
8 6 3 ,9 6 0
894
1 1 4 ,4 7 0
1 8 1 ,9 3 1
1 3 8 ,8 1 2
1 ,0 9 8 ,3 1 2
2 ,5 0 9 ,7 0 7
9 ,5 2 8
1 2 3 ,7 5 9
0 6 5 ,9 5 5
4 2 ,3 0 1
1 2 3 ,3 8 3
3 9 ,8 2 9
1 4 6 ,9 7 0
3 1 4 ,0 3 4
1 13 ,01 5
5 3 4 ,8 6 2
9 0 0 ,9 9 2

16,7 43
7 8 ,1 7 5
1 1 8 ,2 1 7
2 ,0 5 0
d ef. 1 ,195
12,543
370
420

25,878

1 7 1 ,2 5 8
3 3 5 ,4 9 5
6 3 ,2 2 3
5 0 5 ,7 8 6
1 .7 1 4 .5 2 5

5 4 ,5 3 5
1 2 5 ,4 0 1

3 1 ,2 5 4
3 7 ,7 7 4
14,148
1 7 3 .5 2 0
2 0 1 .1 2 1
7 0 ,3 5 9
3 6 0 ,7 1 1
3 3 8 ,2 0 5
1 2 4 ,33 8
2 8 ,6 1 3
3 7 .0 6 5
/1 1 .1 1 9
1 33,463
1 7 5 ,56 2
/5 2 ,6 6 8
/G 2 .7 8 0
2 0 9 ,2 6 9
1 5 6 ,4 6 5
3 5 ,6 8 1
2 0 ,9 5 3
3 9 ,3 3 5
1 7 5 ,5 1 1
2 1 7 ,4 0 1
1 13 ,85 1
4 0 4 ,2 2 3
4 2 9 ,9 0 8
2 0 0 ,2 7 2
2 5 5 ,5 2 9
1 1 7 ,2 3 7
3 0 5 ,1 1 2
5 1 9 ,7 6 7
1 ,5 6 2 ,0 5 8 1 .1 7 3 .9 9 4
3 ,3 6 2 ,2 8 8 2 ,4 6 8 ,5 0 4 1 ,2 9 3 ,1 1 1
6 5 ,6 1 3
12.9 03
7 8 ,9 4 3
5 7 2 ,8 5 7
5 0 3 ,1 2 2
1 6 0 ,0 9 0
9 3 9 ,0 8 7
4 2 1 ,4 6 9
1 ,2 3 2.49 9
4 0 8 ,4 8 9
5 0 8 .7 7 9
1 7 3 ,3 8 2
3 ,2 7 6 ,7 2 0 2 ,8 7 2 ,3 9 9 1,2 45,664
0 ,8 8 8 ,4 6 7 5 ,9 9 3 ,3 3 6 2 ,8 5 6 ,3 5 3
1 29 ,20 9
1 4 4 ,9 5 3
5 ,0 9 9
7 6 1 ,5 9 2
7 7 7 ,2 5 4
1 1 8 ,2 4 9
1 ,9 1 0 ,2 8 9 2 ,0 7 9 ,1 5 6
5 2 3 ,4 3 2
8 5 ,4 9 2
8 7 ,6 8 1
3 8 ,8 1 5
4 2 2 ,3 1 3
4 5 1 ,4 2 1
1 4 1 ,07 3
7 4 ,0 9 0
0 5 ,9 0 8
41,1 08
2 8 1 ,8 -19
3 2 4 ,6 1 3
1 7 6 ,0 1 7
5 9 1 ,0 7 0
6 8 8 ,7 9 0
3 7 8 ,2 4 3
3 2 0 ,3 8 4
1 9 5 ,3 7 5
4 9 2 ,2 3 7
2 ,0 6 1 .3 1 3 1 ,73 4,704
6 0 9 ,6 2 8
3 ,7 6 2 ,9 6 5 3 ,3 8 0 ,7 2 1 1 ,0 1 7 ,6 4 3
1 3 ,6 6 4

8

4 8 ,9 4 9
3 5 9 ,1 5 1
1 ,3 5 5 ,0 4 3

1 1 1 ,1 5 8
1 8 4 ,2 3 5

4 ,3 0 5
942
5 ,8 4 2
1 2 2 .0 9 *
2 3 3 ,4 5 2

2 7 ,8 1 6
1 3 2 ,4 4 0
2 2 3 ,1 0 0
3 ,2 1 0
1 6 ,9 5 5
1 1 1 .98 1
1 ,9 9 8
7 ,4 9 *

1 0 3 ,7 1 8
5 8 4 ,0 6 0
1 ,3 9 9 ,8 7 1
4 8 ,8 1 2
2 3 3 512
4 1 3 ,3 7 7
1 6 9 ,3 0 2
8 4 8 ,3 0 7
1 ,5 6 7 ,5 2 8
8 ,3 8 0
5 1 ,7 5 5
1 7 9 ,3 3 9
3 5 ,2 0 5
2 0 6 ,2 5 3
4 7 6 ,4 4 0
3 0 5 ,8 5 1
1,9 40,987
4 ,0 9 2 ,5 9 1
3 0 1 ,9 9 7
1 ,6 7 5 ,2 5 2
4 ,3 9 6 ,2 4 4
1 3 0 ,1 7 4
5 3 2 .6 7 3
1 ,0 4 0 ,0 3 8

3SS5T

2 7 1 ,4 8 ?
5 3 5 ,3 3 0

T exa s C e n t r a l.a ........M ay
1 8 ,0 2 0
Jan . 1 to M a y 3 1 ........
1 1 0 ,53 6
T ex. Sab. V. A N. W .J une
2 ,9 9 5
J an . 1 to J u n e 3 0 ___
2 0 ,7 7 3
T oledo A O h io C e n .b .J ’ne
1 5 6 ,86 9
J a n , 1 to J u n e 3 D ....
8 7 3 .1 3 3
J u ly 1 t o Ju n e 3 0 ___ 1 ,7 7 9 ,0 1 5
T ol. P e o ria A Wes t . b Ju lr
7 1 ,2 1 9
Jan . 1 to J u ly 3L . . .
5 3 3 ,3 3 7
T o l. St. L , A K a n . C i t y .a A p r. L to J a n e 3 o . . . .
5 3 7 .5 5 0
J an . 1 t o J u n e 3 0 ___ 1 ,0 2 8 ,4 8 9
U lster A D e la w a re —
A p r. 1 to J u n e 3 0 . . .
9 7 ,5 1 0
J an . 1 to J u n e JO___
1 7 3 ,3 3 5
U nion P ao. R v .a u . J u n e 1 ,3 8 5,44 5
J an , 1 t o J u n e 3 0 ___ 7 ,6 7 0 ,6 7 9
Un. P. D. A G u lf.b ..J u n e
2 8 2 ,3 8 8
J an . 1 to J u n e 3 0 . . . . 1 ,8 1 6 ,6 2 5
W a b a a h .b ..................Ju n e 1 ,0 8 1 ,1 6 0
J a n . 1 to J u n o 3 0 ___ 6 ,3 8 4 ,9 3 3
J u ly 1 to J u n s 3 0 ....1 3 ,1 9 8 ,4 5 9
9 ,2 2 1
tfa c o A N o rth w ’ n .b .J u u e
Jan . 1 to J u n e 3 0 . . . .
7 8 ,7 5 1
W. J e rse y A S o a s 'e .b J ’ ue
2 2 9 ,9 2 4
J a n . 1 t o J u n e 3 0 ___ 1 ,0 5 8 ,7 5 1
W est, o f A la b a tn a b Ju n e
4 3 ,1 7 7
J au . 1 to J une 3 0 . . .
3 0 3 ,2 0 8
J n ly 1 to J u n e 3 0 ___
6 0 3 ,6 3 1
West. Va. C ent. A P ltts. J u ly
9 7 ,4 9 5
W .V lrg ln ta A P H tsb b M a y
3 1 ,3 0 7
1 5 0 ,5 5 9
J a u . 1 to M a y 3 1 ----3 5 9 ,4 1 7
J u ly 1 t o M a y 3 1 ___
W est.N . Y. A P enn , b . June
2 5 0 ,1 8 1
J an . 1 t o J u n e 30 . . . 1 ,3 9 9,11 3
J u ly 1 t o J u n e 3 0 . . . . 3 ,2 4 5 ,9 3 7

3 3 .6 0 9
4 4 ,7 7 2
8 8 ,6 6 9
4 4 5 ,0 8 7
7 7 0 ,7 2 6

189S.
8

3 3 3 ,8 4 1
0 1 7 ,2 7 3

3 ,0 4 4
d ef. 1,859
11,1 30
1 7 2 ,1 2 9
3 0 2 ,0 1 7

4 4 ,4 3 1
5 6 ,5 3 8
6 6 ,1 8 2
3 7 2 ,3 1 7
6 3 0 ,7 6 2

— X ct E a rn i

1 0 1 ,8 0 8
1 6 8 ,5 3 6
1 ,2 6 0 ,9 3 1
6 ,7 3 6 ,8 3 2
2 7 0 ,5 9 4
1 ,5 8 4 ,2 0 1
9 4 3 ,9 1 0
5 ,3 9 2 ,7 2 5
1 1 ,5 2 6 ,7 8 5
1 2 ,1 3 0
9 7 ,6 1 8
2 25,285
1 ,0 2 7,12 8
4 3 .4 3 4
3 0 0 ,6 5 4
6 3 6 ,5 3 4
1 0 0 ,2 0 9
3 3 ,8 2 3
1 5 1 ,7 0 5
3 5 0 ,9 u l
2 2 8 .2 7 3
1 ,2 8 1 ,6 3 7
2 ,9 5 4 ,7 7 4

d e f.4 ,2 4 2 d e f.1 5 ,1 8 9
3 ,4 9 3 d e f. 1 3 ,1 2 2

1 8 ,6 8 3
2 7 ,7 5 1
3 4 ,2 4 1
3 9 ,5 8 0
3 8 2 ,2 0 0
6 2 2 .7 3 6
3 ,1 3 6 ,1 6 1 1 ,9 7 9 ,0 9 9
5 7 ,8 8 4
3 1 ,9 7 0
5 6 4,012
4 0 3 ,3 7 9
2 9 7 ,1 6 0
2 6 7 ,7 8 8
1 ,6 0 0 ,2 6 9 1 ,6 4 8 ,8 8 6
3 ,8 0 3 ,6 8 0 3 ,5 1 7 ,6 2 0
3 ,6 9 7
883
2 2 ,4 2 3
3 4 ,3 4 0
5 0 ,7 5 5
4 8 ,8 7 8
1 7 5 ,1 3 0
1 7 8 ,0 3 3
13,9 61
1 3 ,2 1 4
9 9 ,4 9 1
1 1 5 ,5 6 6
2 1 4 ,4 4 1
2 5 3 ,0 6 0
3 1 ,9 7 5
2 9 ,7 0 8
9 ,7 9 4
1 5 ,7 6 1
6 7 ,5 5 1
6 1 ,5 7 5
1 6 6 ,5 2 4
1 7 6 ,1 4 8
8 1 ,2 5 0
3 6 5 ,4 0 6
279,'627
1 ,1 0 3 ,1 3 4
9 1 1 ,8 2 8

2 7 ,4 3 3
3 5 7 ,4 5 6

1 6 ,3 3 3
2 2 0 ,0 9 5

9 ,7 7 9
1 6 8 ,5 8 9

1 ,9 4 5 ,3 7 1
4 ,1 7 9 ,9 i 1
5 ,8 2 6
3 8 ,9 3 4
8 7 ,1 0 0

8 4 7 ,3 2 0
1 ,9 1 8 ,9 1 9
d e f. 191
3 ,4 5 8
2 9 ,7 3 3

6 0 5 ,9 9 0
1 ,1 0 5 ,7 7 6
1 ,1 7 8
9 ,8 9 9
3 4 ,2 1 1

THE

A ugust 27, 1898.]
-G r o s s E a m x n g s . —
1898.
1897.
$
$
5 .7 8 6
5 ,2 3 1
3 5 ,2 8 5
3 1 ,0 5 7
7 4 ,3 5 7
6 9 ,5 2 0

R oads.
T o r t S ou th ern b ...J u n e
J a n . 1 t o J u n e 3 0 __
J u ly 1 to J u n e 3 0 . .. .

C H R O N IC L E .

—M et E a m x n g s .-----1898.
1897.
$
8
1 .8 9 2
1 ,4 4 6
1 2 ,6 3 9
9 ,2 1 4
2 8 ,0 4 5
2 6 ,4 6 2

a N e t e a r n in g s h e r e g i v e n a r e a f t e r d e d u c t i n g t a x e s ,
b N e t e a r n in g s h e r e g i v e n a r e b e f o r e d e d u c t i n g t a x e s ,
c D e d u c t in g o t h e r e x p e n d it u r e s f o r r e p a i r s ,r e p l a c e m e n t s aDd g e n e r a J
e x p e n s e s , n e t i n c o m e a p p li c a b l e t o i n t e r e s t o n b o n d s in J u n e w» •
$ 9 4 ,6 6 3 , a g a in s t $ 9 7 ,8 5 u l a s t y e a r , a n d f o r J a n u a r y 1 t o J u n e 3 0
$ 5 5 3 ,8 3 8 , a g a in s t $ 7 6 5 ,5 2 1 .
T h is is t h e r e s u l t in M e x i c a n dollar*t r e a t e d ( a c c o r d i n g t o t h e c o m p a n y ’ s m e t h o d o f k e e p i n g it s a cco u n t* -)
a s e q u i v a l e n t t o 8 0 c e n t s i n U n it e d 8 t a t e s m o n e y — t h a t is , d e p r e c a tio n b e y o n d 2 0 p e r o e D t h a s a l r e a d y b e e n a l lo w e d f o r .
d I n c lu d e s th e o p e r a t i o n o f s e v e n m ile s o f S u s q u e h a n n a C o n n e c t in g
road.
e N e t e a r n i n g s h e r e g i v e n i n c lu d e m i s c e l la n e o u s i n c o m e ,
f T h ir t y p e r c e n t o f g r o s s e a r n in g s .
S A f t e r a l lo w i n g f o r o t h e r i n c o m e r e c e iv e d , t o t a l n e t f o r J u l y 1 8 9 8
w a s $ 4 7 ,7 2 5 a g a in s t $ 3 1 ,5 8 6 .
l i I n c lu d e s r e s u l t s o n D e s M o in e s & K a n s a s C i t y f o r a l l p e r i o d s .
1 I n c lu d e s b e s id e s t h e e n t i r e P a c if lo S y s t e m a n d t h e A t l a u t i o p r o p e r ­
t ie s , t h e H o u s t o n A T e x a s C e n tr a l, A u s t in A N o r t h w e s t e r n , O e n t r s l
T e x a s & N o r t h w e s t e r n a n d F t . W o r th A N e w O r le a n s .
j E a r n in g s a r e i n c lu d e d i n t h o s e o f t h e N e w Y o r k S u s q u e h a n n a A
W estern a b o v e .
I t N e t e a r n in g s h e r e g i v e n i n c lu d e o t h e r i n c o m e r e c e iv e d ,
m F ig u r e s f o r 1 8 9 7 i n c lu d e r e s u l t s o n K a n s a s C i t y a n d I n d e p e n d ­
e n c e A i r L in e , b u t t h o s e f o r 1 8 9 8 d o n o t .
n E m b r a c e s o n l r e a r n i n g s o f r e o r g a n i z e d lin e s ; e a r n i n g s o f C e n t r a l
B r a n c h n o t i n c lu d e d .
* F ig u r e s b e g i n n i n g w it h J u l y . 1 « 9 7 . in c lu d e A t T . & S F e , G u lf C o l.
A S a n ta F e , S a n t a F e P a c i f i c (o ld A t l a n t i c A P a c if ic ) a n d S o . C a lifo r n ia
R y ., b u t n o t S o n o r a R y . a n d N . M . A A r i z o n a , w h ic h p r e v i o u s t o J u ly
h a d b e e n i n c lu d e d .
t F o r J u ly , 1 8 9 8 , t a x e s a n d r e n t a l s a m o u n t e d t o $ 1 4 7 ,3 3 5 , a g a in s t
$ 1 3 6 ,2 8 2 , a f t e r d e d u c t i n g w h i c h , n e t f o r J u l y , 1 8 9 8 , w a s $ 3 3 2 ,3 5 7 ,
a g a in s t $ 3 2 8 ,4 7 5 .
J I n c lu d e s C h e s a p e a k e O h io A S o u t h w e s t e r n f r o m J u l y 1 , 1 8 9 7 . O h io
V a ll e y f r o m A u g u s t 1, 1 8 9 7 , a n d C h ic a g o & T e x a s f r o m O c t o b e r i ,
1897.
^ I n c lu d e s C h ic a g o B u r l i n g t o n A N o r t h e r n f o r b o t h y e a r s .
IKK I n c l u d i n g i n c o m e f r o m f e r r i e s . A c .

^Miscellaneous Companies.
$
B u ff a lo C it y G a s ___ J u ly
O ct. 1 to J u ly 31 —
C o lu m b u s G a s C o . . . J u l y
Jan . 1 to J u ly 3 1 . . . .
A p r . 1 t o J u ly 3 1 —
C o n s o l. G a s C o .,N .J ..J u l y
J a n . 1 t o J u l y 3 .1 .—
E d is o n E l. II.C o . B k n A p r.
7 3 ,5 9 0
Jan . 1 to A p r. 3 0 ....
3 1 0 ,3 6 9
1 9 6 .4 0 0
E d is o n E l. II. C o .,N . Y .. J u ly
J a n . 1 t o J u l y 3 1 ___ 1 ,7 3 8 .1 2 3
G F d R a p . G a s -L . C o . J u ly
J a n . 1 t o J u l y 3 1 . —.
J a c k s o n G a s -L . C o . . . J u l y
Jan . 1 to J u ly 3 1 . . . .
M a r . 1 t o J u l y 3 1 ___
K a n s a s C it y (M o .) G a s M a y 1 t o F e b . 2 8 ........
L a c l e d e G a s -L . C o . . . J u l y
J a n . 1 t o J u ly 3 1 . . . .
M a d is o n G a s & E le c . J u l y
{J a n . 1 t o J u l y 3 1 ____
A p r. 1 to J u ly .3 1 . .. .
M e x ic a n T e le p h o n e . J u n e
1 1 ,3 2 0
J a n . 1 t o J u n e 3 0 ___
6 6 ,9 7 5
M ar. 1 to J u n e 3 0 . . . .
4 4 ,9 4 9
P a c if lo C o a s t C o . a . J u n e
4 3 9 ,1 3 1
J a n . 1 t o J u n e 3 o . . . 2 ,7 3 1 ,6 4 3
D e c . 1 t o J u n e 3 0 . . . . 3 , 0 8 1 ,4 9 9
P a c i f ic M a il. .............. J u n e
4 0 6 .4 0 9
M a y 1 to J u n e 3 0 . . .
7 4 1 ,8 0 6
S t .J o s e p h G a s L . C o ..J u ly
J a n . 1 t o J u l y 3 1 ___
S t. P a u l G a s -L t C o ...J u l y
J a n . I t o J u l y 3 1 ........
T e n n . C o a l I. A R R .. J u l y
* J a n . 1 to J u ly 3 1 . . . .
W e s t e r n G a s C o .—
M ilw ’ k e e G a s -L .C o .. J u l y
J a n . 1 to J u ly 3 1 —

$

6 7 ,9 8 5
2 9 3 ,2 8 0
1 6 2 ,4 5 3
1 ,3 9 1 ,2 1 9

........

1 0 ,6 5 6
0 2 ,9 8 7
4 2 ,1 1 5
3 1 1 .9 0 8
1 ,6 0 8 ,5 9 5
1 ,8 6 5 ,5 4 1
3 9 3 ,1 3 2
7 5 1 ,3 1 6

$
7 .9 3 3
2 7 7 ,5 5 1
3 ,8 9 6
6 6 ,0 5 5
2 5 .0 5 9
1 0 ,6 9 0
1 9 .6 9 2
3 1 ,4 1 3
1 4 3 ,0 8 4
6 6 .5 5 2
7 5 1 ,7 6 0
8 ,2 0 8
7 1 ,1 0 2
1 ,4 5 6
1 3 ,5 6 1
8 ,9 3 3
2 6 7 ,7 2 0
5 3 ,5 9 6
5 0 4 ,5 9 4
2 .6 7 0
2 5 ,7 4 6
1 2 ,1 1 8
4 ,8 0 5
2 5 ,0 1 0
1 7 ,0 7 8
'9 5 ,4 9 8
6 3 1 .5 5 2
7 0 5 ,0 0 3
1 0 3 .2 0 1
2 0 0 ,2 0 9
3 ,4 7 0
3 3 ,0 5 5
1 6 ,9 4 1
1 4 8 ,8 4 9
5 0 ,0 0 8
4 6 6 ,3 3 2
3 0 .2 9 1
2 5 9 ,7 8 1

2 ,7 4 4
63 ,6 tto
2 3 ,7 5 4
9 ,9 4 1
1 7 .1 /7
3 0 ,8 6 8
1 3 8 ,5 5 0
5 9 ,0 1 4
6 3 0 ,7 4 9
5 ,9 5 8
6 8 ,7 5 1
1 ,3 7 4
1 1 ,4 4 3
7 ,2 9 9

5 2 .8 0 0
4 5 4 .0 4 1
3 ,3 5 9
2 8 ,6 3 7
1 4 ,1 7 4
4 ,1 3 3
2 1 ,7 8 7
1 5 ,5 7 2
64
2 2c 103
2 d b ,o u U
6 0 ,* 0 6
1 8 9 ,2 3 2
2 ,8 7 2
2 4 ,1 3 5
1 6 ,2 9 9
1 3 4 ,0U5
3 6 ,7 8 6
3 0 3 ,7 9 0
2 8 .6 7 4
2 5 9 ,5 9 6

Interest Charges and Surplus.—The following roads, it
addition to their gross and net earnings given in the fore­
going, also report charges for interest, S o., with the surplu £
or deficit above or below those charges.
l n l R e n t a l s , d c .— * - B a l . o f N e t E a m ’ q s . 1898.
1897.
1897.
1898.
R oads.
$
9
9
C h ic . B u r l.A Q u in c y . J u n e 1
8 9 0 ,0 0 0
7 5 .1 6 G
8 7 6 ,2 0 1
9 ,4 5 1
J u l y 1 t o J u n e 3 0 . —. 1 0 ,6 8 0 ,0 0 0 1 0 ,5 1 4 ,4 2 2 5 ,8 4 7 ,9 4 4 3 ,8 0 7 ,8 4 8
C h io . A E a s t. 1 1 1 ....J u n e

1 2 6 ,2 7 2
1 ,5 2 7 ,3 3 2

1 2 4 ,7 3 4
1 , 4 3 2 ,5 9 1

* 1 0 .6 7 7
* 4 5 5 .3 8 8

‘ 6 ,5 2 8
* 4 1 7 ,7 0 0

3

3 2 2 .8 5 2
9 6 8 ,5 5 6

3 4 2 ,5 0 1
1 ,0 2 7 ,5 0 4

7 0 .9 3 2
4 1 6 ,4 6 6

4 4 ,9 4 7
d e f .3 ,2 0 5

O h io. T e r m . T r a n s f . .J u n e>
J u ly 1 to J u n e 3 0 .—.

5 3 ,3 4 1
6 3 5 ,8 3 4

3 ,6 2 2
1 0 0 ,8 4 1

O h io. A W . M i c k ......... l i m e
J a n . 1 to J u n e 3 0 ___

3 3 ,2 9 4
2 0 9 ,7 5 6

3 3 .5 9 0 - d f . 3 1 , 5 5 1 * d f . l 6 , 2 2 9
2 0 7 ,0 9 5 * d f ,5 4 ,7 4 l * d f .7 1 ,* 6 3

C h o o . O k la . A G u lf.. J u n e
N ov. 1 to Jun e 3 0 ....

2 0 ,0 0 0
1 5 8 ,0 0 0

1 9 .0 0 0
1 5 2 ,0 0 0

O le v .C in .C h . A S t. L .J a n e»
2 4 8 ,9 4 0
J u l y 1 t o J u n o 3 0 . . . . 2 ,9 0 5 .0 2 4
P e o r i a A E a s te r n J u n o
3 6 ,8 0 1
J n ly 1 to J u n e 3 0 . . . .
4 4 1 ,6 1 9

2 4 9 ,1 2 3
2 ,8 8 3 ,9 2 6
3 6 ,8 0 1
4 4 1 .6 1 9

D e n v e r A R i o G r ’ d e .J o n e>

2 0 1 ,1 1 7
2 ,3 6 5 ,5 8 2

A p r. 1 to J u n e 3 0 ..

2 2 5 ,2 1 0
2 ,4 7 6 ,6 2 4

8 ,2 3 3
2 2 6 ,6 0 0

d e f .6 ,9 8 7
4 8 ,0 6 3

2 9 ,3 5 5 d e f . l 1 ,8 1 9
3 6 8 ,5 2 1
4 4 6 ,7 0 3
d e f .3 ,9 7 8
d f .2 8 ,3 2 1
d
e
f
. 9 8 ,7 7 3
1 5 ,1 6 2
6 3 ,7 3 8
8 4 8 ,5 0 3

7 6 ,2 9 2
5 0 4 ,1 9 6

421

R oads.
D o t. G d .R a p .A W e s t .J u n e
J a n . 1 t o J u n e 3 0 ___
F itc h b u r g A p r. 1 to Ju n e 3 0 , . . .
Jan . 1 to J u n e 30 . . .
F lin t A P e r e M a r q . .J u n e
J an . 1 t o J u n e 3 0 . . .
G e o r g ia A A l a b a m a —
J u l y 1 t o J u n e S O .. . .
K a n a w h a A M i c h ___J u n e
J u l y 1 t o J u n e 3 0 -----

■Tut., r e n t a l s , <£c.— % *—B a l. o f R e t E a r n s
1898.
1897.
1898.
1897.
$
$
1 3 ,3 6 7
1 5 ,8 9 1
x5 5 8
* 2 ,5 5 6
1 2 4 ,3 2 2
1 2 1 ,1 3 4
* 4 4 ,7 6 4
* 1 8 ,6 8 4
4 0 2 ,0 6 4
7 9 5 ,0 7 3
5 3 .7 3 0
3 2 1 ,1 7 7

4 0 6 .6 4 3
7 9 6 ,3 6 0
5 3 .4 5 3
3 1 9 .0 0 9

3 0 3 ,0 1 7
1 2 ,3 6 7
1 3 9 ,5 6 2

2 7 2 ,1 0 0
1 0 ,5 3 4
1 2 3 ,0 5 9

K a n s a s C it y (M o .) G a s M ay 1 to F eb. 2 8 ...—
1 5 6 ,2 5 0
K a n . C. F t. 8. A M .. J u n e
1 2 0 ,2 1 5
J u l y 1 t o J u n e 3 0 . . . 1 ,4 1 6 .2 6 2
K a n . C. M e m . A B i r .J u n e
1 1 .4 6 2
J u ly 1 to J u n e 3 0 . . . .
1 9 8 ,0 3 5
K a n s a s C it y S u b . B e l t —
J u l y 1 to M a y 3 i . . . .
1 8 5 ,3 0 6
L. E r i e A W e s t ’ u . . . . J u n e
6 0 ,2 3 7
J a u . 1 to Ju n e 3 0 . . . .
3 6 1 ,0 7 7
L o n g I s la n d R R ___ J u n e
1 0 3 ,6 2 2
J u l y 1 t o J u n e 3 0 . . — 1 ,2 2 9 ,8 1 5

1 9 .6 3 7
6 ,5 3 7
9 ,7 4 1

d e f, 6 5 6
4 7 ,9 0 1
3 ,4 3 0
d f. 3 ,0 2 0

4 7 ,4 4 3
. *321
* 1 4 ,3 9 4

1 1 ,9 5 5
* 2 .6 9 5
* d e f .3 ,1 4 8

8 3 ,0 6 0

...............
1 1 1 ,4 7 0
...............
1 1 8 ,5 8 3 d e f .2 2 ,4 4 9 d e f . 1 7 ,9 7 9
1 , 4 0 3 ,0 2 6
1 5 7 ,7 4 3
5 0 ,3 3 3
1 2 .9 0 5 d e f .7 ,1 2 3
d e f .9 ,6 2 8
1 9 8 ,0 3 5
* 1 9 5 ,6 7 2
* 1 4 2 ,8 8 0
...............

4 0 ,3 9 1

6 0 .2 2 8
1 2 ,0 4 1
3 5 9 ,0 4 4
2 5 2 ,2 8 5
1 0 3 ,8 2 3
* 1 1 8 ,5 7 4
1 ,2 3 8 ,5 5 6
* 2 4 3 ,8 7 5
1 1 4 ,9 0 5
* 1 1 5 ,2 1 6
1 ,3 7 1 ,7 7 5
* 2 1 3 ,5 6 9
...............d e f . 1 6 4 ,6 2 9
...............
4 3 7 ,6 7 9
1 2 6 ,3 0 1
8 9 ,5 5 6

...............
5 1 ,6 1 8
2 7 8 ,8 5 8
* 1 0 6 ,9 6 $
* 1 0 2 ,2 0 5
* 1 0 4 ,8 0 5
* 4 1 ,0 5 1
...............
...............
5 4 ,3 5 8

L o n g I s la n d R R . 8 y s . J u n e
1 1 4 ,9 2 4
J u l y 1 t o J u n e 3 0 . . . . 1 ,3 6 5 ,8 9 4
M o. K a n s a s A T e x a s ..J u ly
2 8 5 ,5 3 9
J u l y 1 t o J u l y 3 1 ........ 3 , 4 2 7 , 1 7 0
N a s h v .C h a t . A S t. L. J u l y
1 3 0 ,3 3 1
P h il a d e l p h i a A R e a d in g —
A ll c o m p a n ie s . . . . M a y
7 4 5 ,0 0 0
............... d f .1 3 7 ,6 8 6
...............
J u ly 1 t o M ay 3 1 —
8 ,1 9 5 .0 0 0
............... 1 ,5 0 6 ,8 8 9
...............
P itts . O .C . A 8 t . L . . . J u l y
2 3 6 .8 9 9
2 2 7 .1 4 6
7 3 .1 2 9
1 5 5 ,0 5 9
J a u . 1 t o J u l y 3 1 ------ 1 ,9 3 0 ,4 1 1
1 ,8 4 1 ,9 0 3
3 0 ,4 5 1
3 5 3 ,2 1 0
R io G ’•and© J n n o t . J u n e
7 ,7 0 8
7 ,7 0 8
3 ,4 1 1
876D eo. 1 to J u n e 3 0 . . .
5 3 ,9 5 3
5 3 ,9 5 8
8 ,8 2 2
d e f .7 ,0 1 9
R io G r a n d e 8 o n t h ’ n . J u n e
1 7 ,8 9 3
1 4 ,1 6 5
3 ,0 5 5
557
J u l y a t o J u n e 3 0 ____
1 9 2 ,6 3 4
1 7 0 .9 6 8
7 ,5 8 8
3 ,4 7 1
S a n F r a n . A N o . P a o . J u iy
1 8 ,9 0 8
1 9 ,0 0 4
1 9 ,3 2 7
2 3 ,2 9 7
T e n n . C o a l I. A R R . . J u l y
4 7 ,4 7 9
4 7 ,7 7 7
.2,552# d a f .1 0 ,9 9 1
J a n . 1 t o J u l y 3 1 ........
3 3 2 ,3 5 3
3 3 4 ,4 3 9
1 8 3 ,9 7 9 d e f .3 0 ,6 4 9
f a l e d o A O . C e n t . . . .J u n e
3 4 .4 9 4
4 0 .3 3 1
* 1 6 ,7 5 6
* 4 ,S 0 O
J u l y 1 t o J u n e 3 0 ____
4 6 4 .5 3 9
4 6 7 ,4 7 7
'7 9 , 6 3 5
* 6 ,4 3 7
T o l . P e o r i a A W e s t ...J u l y
2 2 ,4 2 L
2 2 ,8 7 3 d e f .7 ,1 9 6
d e f .8 ,6 8 6
Wtett. V a . C. P i t t * . . . . J u l y
2 2 ,6 0 0
2 1 ,9 9 2
9 ,3 7 5
7 ,7 7 6
* A f t e r a l lo w i n g f o r o t h e r i n c o m e r e o e l v e d .

STREET R1ILW 4.Y3 AND TRACTION COMPANIES.
The following table shows the g r o s s earnings for the latest
period of all street railways from which we are able to ob~
tain weekly or monthly returns. The arrangement o f 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
or the calendar year from January 1 to and including such
latest week or month.
STRE ET
G

R A IL W A Y 8

AND

T R A C T IO N

Latent G ro s s E a r n in g s .
ross

EA&KING8.

W eek o r M o

1898.

1897.

C O M P A N IE S .
J a n . 1 to L a te s t D a t e .
1898:

1897.

A k r o n B e d f d A C le v J u l y —
11,304 1 2 .6 2 4
5 1 ,0 2 9
5 4 ,8 7 5
5 4 ,-3 3 46,4 31
A l b a n y R a i l w a y .......... J u n e . . .
4 ,918j
4 .1 7 0
A m s t e r d a m S t. R y . . . J u n e . . .
26,101
2 2 .4 4 {
12,361!
9 058
A t la n t a R a il w a y ___ _ J u l y ___
57,4 03
5 0.0 38
2 2 9 ,46 5 2 2 7 .3 6 0 ,3 4 3 ,1 8 2 1 ,3 1 3 .7 8 3
B a lt im o r e C o n . R y .* ... J u l y —
1,932
1,721
B a th S t. R y . (M a in e ). M a y .............
7,541
7 ,0 1 3
9 .9 1 5
9,093
B a y C itie s C o n s o l ___ J u l y . . .
48,3 23
4 6 ,7 3 1
18 975 17,435
B in g h a m to n 8 t . R y . . . J u l y —
90 551
8 2 ,7 7 8
3 7 ,8 1 8 3 3 ,0 1 4
B r id g e p o r t T r a c t i o n . J u l y . . .
199 ,90 5
1 8 0 ,9 5 5
B r o c k t o n C o n . S t. R y . J u l y ............. 34.5571 3 3 ,2 9 3
190 ,47 0
1 8 4 ,5 7 4
1 4 8 ,00 0 120,000
B r o o k ly n E l e v a t e d . . J u l y ----B r’ fclyn R a p . T r . C o .—
B r o o k ly n H e ig h ts \
5 7 2 .1 1 6 4 8 9 ,46 3 3 ,4 3 9 ,4 7 1 3 ,0 7 0 ,5 1 8
B ’ k ly n Q ’ n s A S ub. $ J u l y ..
C h a r le s t o n C it y R y . . J u l y . .
1 7 ,5 1 8 15.8 27
1 0 1 ,6 7 2
1 3 ,4 6 1 1 0,5 52
C in . A M ia m i V a l.. .. J u l y . .
C it iz e n s ’ S t .R y .J n d p . A p r i l
7 9 ,9 0 2 68,031
3 1 5 .3 9 5
2 8 3 ,6 2 6
2 6 ,7 4 5
5 ,327
O itlz n s ’ (M u n o ie I n d .) M a y . .
5 ,6 7 1
2 2 ,8 7 2
1 3 ,8 3 5
2,181
2 ,7 4 1
C ity E le o . (R o m e .G a .) J u l y . .
1 3 ,0 2 4
9 7 1 ,1 2 8
1 4 7 ,9 6 8 143,200
C le v e la n d E l e c t r i c . . . J u l y . .
9 2 2 ,9 8 6
'J u l y . .
C le v e . P a in s v . A E .
5 5 ,3 3 6
9 ,185
1 3 ,9 6 9
4 5 ,3 8 8
C o lu m b u s S t. R y . (O .) ■ J u ly ..
3 8 4 .5 8 7
6 0 ,1 9 8 5 1 ,7 3 5
3 3 4 ,6 3 5
C on s o il’ d T r a o . (N . J .) (A p ril.
2 5 2 , 29U 238 ,81 3
9 6 5 ,2 4 5
8 8 3 ,5 4 0
D a n v . G a s E l. L ig h t &
S t r e e t K v ................... J u n e ...........
8 ,2 0 6
8 ,1 3 8
5 3 ,0 0 8
5 0 ,8 3 1
6 ,3 6 4
D a y t o n & W e s t T r a c . J u l y .............
D e n v e r C o n . T r a m w .. J u l y ............
6 9 ,1 1 5 6 7 ,4 4 1
4 2 0 ,7 5 2
4 0 6 ,8 5 3
D e t r o it C it i’ nB’ 8 t .R y . 3 d w k J u l y
2 4 ,9 7 2 2 4 ,4 2 2
6 2 9 ,8 6 8
5 8 4 ,0 6 7
D e tr o it E le o . R y .......... J u n e ........... 3 2 .1 2 3 3 3 ,7 9 zi 1 9 3 ,6 8 5
1 9 9 ,8 9 0
1 7 .7 9 6 1 8 ,4 5 0
D u lu th S t. R v .............. J u l y ............
1 1 2 .4 1 9
1 0 8 ,0 0 2
E r ie E le c . M o t o r ......... J u n e ........... 12,212 1 2 ,7 3 6
6 3 ,6 7 0
6 3 ,2 8 3
F t. W a y n e A B e lle .
I s la n d ( D e t r o i t ) ___ ! J u n e ..........
1 5 ,1 4 0 1 3 ,9 6 7
8 7 ,6 7 7
8 0 ,3 1 0
H a r r is b u r g T r a c t i o n . J u l y ............. 2 7 ,2 3 8 2 3 ,2 1 0
1 4 6 ,0 6 1
1 2 5 ,4 5 4
H e r k im e r M o h a w k II-1
i o n A F ’k f o r t E l. R y .! J u n e .
1 9 ,4 5 8
2 ,7 9 9
2,868
2 0 ,4 3 5
H o u s t o n E le o . S t. R y . 1J u n e .
8 8 ,8 5 8
1 7 ,1 5 1 1 7 ,0 4 7
9 1 ,5 1 7
I n t e r s t a t e C o n s o l. 0 1 1
2 6 ,8 4 3
2 7 ,8 0 1
N o r t h A t t l e b o r o ___ ' iVfaroh........ 1 0 ,2 9 7
9 ,5 2 3
3 0 ,3 3 4
K in g s t o n C it y R y ___ J u l y ............
5 ,5 1 6
38,6 67
9 ,290
5 9 ,7 9 3
53,676
L e h ig h T r a c t io n ........ J u l y .............
9 ,143 1 0 .8 5 7
3 3 ,9 5 2
37,6 24
L o n d o n St. R y . (C a n .). May.........
7 ,7 1 4
7 ,8 9 4
2 4 3 ,3 9 2
256,035
L o w e l l L a w . A f l a v . . J u l y ............
5 5 ,'/7 9 5 0 ,5 2 3
M e tro p . (K a n s a s C ity ) 2 d w k A u g . 41.253 3 7 ,8 0 1 1,222,2.87 1 ,0 9 5 ,7 4 6
612 ,41 8
M e tro . W . S id e (C h io .) J u n e ........... 97,8 19
2 1 ,5 8 2
22,738
5,478
5 ,500
M o n t g o m e r y S t. R y . . M;iy.......
7 68 ,33 8
838
,93 8
129
,24
6
143,987
M o n t r e a l S t r e e t R y . . . J u l y ............
2 9 ,7 8 0
31,7 76
4,278
4 ,6 7 3
M u s c a t in e S t. R y ........ J u l y ............ I
N a s s a u E le o . ( B ’k lyu ? J u l y ........... 233 ,08 8 218,508 1,2 2 8,42 4 1 ,0 0 0 ,1 1 8
4 4 ,6 8 0
46,5 75
L I.564 10 598
N e w b u r g S t. R y .......... ;-Tul y .........
21,104
1 9 ,8 7 1
5,20J
6,059
N e w L o n d o n 8 t . R y . . J u n e ........
7 5 8 ,6 3 2
92,315
N e w O r le a n s T r a o tio D J u l y .......... 112,163 104,063
83,8
47
96,951
15,770
19,799
N o r f o l k S t. R y ............. J u l y ..........
N o rth O hio. S t. R y . . . J u l y .......... 2 6 3 ,c0 3 258,483 1 .670.946 1,5 8 4,63 9

THE

422
L a te s t O r o t t S a r n i n g t .

GBOS8
E

a r n in g s.

N o rth S h o r e T r a o t lo n
O g d e n s b u r g S t . R y ...
F a s e r a o u R y ...................
R ic h m o o d T r a c t i o n . .
R o x b ’ h C b .H .A N o r ’ n
S c h u y lk i l l V o l. T r e e .
S c r a n t o n A O a r b o n d 'e
S c r a n t o n A P it t a t o n .
B o n u u o n R a i l w a y ___
S y r a c u s e R a p . Tr. K y.
T o r o n t o R y .....................
T w i n C it y K a p . T r a n .
T Jnloo (.8. B e d f o r d ) . .
B u t t e d T r a c t . (P itta .)
U n it e d T r a c t . ( P r o v .)
U n it . T r a o . i R e a d in g )
W a k e U c lil A S t o n e . . ..
W aterbu ry T r a o t lo n ..
W est C h ic a g o 81. R y .
W h e e lin g R a i l w a y . . .
W ilt-ca ll. A W y . V a lle y

W eek orM o
June _
J u ly ...
J u ly ...
J u ly ...
J u ly ...
J u ly ...
J u ly . .
J u ly ...
J u l y . ..
J u ly ...
J u n e ..
J u ly ...

July...
J u ly ...

J u n e ..
J u ly ...
J u ly ...

1898

I 1897.

C H R O N IC L E .

J a n . X I o L a t t t t / M e*

1898.

1897

«
*
|
S
1
*
6 1 9 ,9 5 1
6 3 3 ,5 8 4
1 3 7 ,1 6 1 1 3 0 ,2 2 8
9 ,9 9 5
9 ,6 7 3
2 ,6 3 2
1 0 ,4 3 2
2 0 9 ,1 1 0
1 9 2 ,2 5 8
3 7 ,4 2 7 3 4 ,0 0 2
7 1 ,9 i l
) 3 ,0 2 2 i 1 5 ,0 0 4
83 0 9 -:
4 5 ,2 0 4
5 9 .9001
M 2 0 2 1 1 ,0 9 2
3 2 .0 3 8
6 ,6 7 0
3 5 ,2441
7 ,1 1 6
20,02
8 .3 4 3
6 ,0 7 '
3 4 .2 8 0
1 96 .09 1
2 3 ,3 3 9
3 4 ,3 3 0 : 3 3 ,2 5 1
2 4 1 ,1 6 5
2 6 4 ,4 4 3
4 3 .2 9 9 : 3 8 ,7 0 0
1 72 .38 6
5 3 1 ,3 3 3
9 3 . 7 0 1 1 9 2 ,0 1 6
1 0 0 ,5 1 6 1 8 4 ,7 in 1 ,2 0 1 .5 5 0 .,11 5 ,1 1 3
1 2 5 ,"8 9
106 356
1 9 ,0 8 9 2 2 ,4 8 0
8 6 9 .0 7 7
140 561 1 1 7 ,3 1 3
8 0 6 .9 5 7
8 1 7 ,7 7 4
1 4 8 ,9 6 4 1 4 6 ,0 4 3
1 0 9 .1 8 6
2 1,947 2 3 .4 4 4
3 2 .2 8 9
3 2 ,9 5 4
7,88*1
7.5H 3
1 42 .17 0
1 5 5 ,4 0 3
2 6 ,5 1 8 2 3 , 9 4 "
4
05 ,62 1
7
6
,8
8
8
2
,4
7
2
,3
1
9
.21 8 0 ,7 3 a
3 6 .5 3 2
3 9 ,2 7 6
1 2 , 4 5 " 1 2 .4 4 4
2 7 2 .1 9 5
2 7 9 ,2 7 3
4 5 .2 2 2 4 4 ,4 3 4

116,718

J u ly ...
W it A u g
M arch
J u ly ..
• I n c lu d e * B a lt i m o r e T r a o t l o n a n d C i t y A B u b n r b a u f o r b o t h y e a r a .

Street K i t l i r . i r Net E a r u l a g s . —In the following we show
both the gross and the net earnings to latest dates of all STREET
railways from which we have been able to procure moutUly
returns. As in the case of the Rteam roads, the returns of the
different roads are published by ua each week as so )n a< re
ceived, and once a month (on the third or the fourth Satur­
day of the month) we bring all the roads reporting together,
as is done to-day.
.— O r o t t E a r n i n g s . —
,— -.Y e/ E a r n in g s .
1898.
A k r o n B o d . A O le v .. J u l y
J a n . 1 t o J u ly 8 1 . . .
A m s te r d a m 8t. R y .J u n e
Jan . 1 to J u n e 3 0 —
A t l a n t a R a i l w a y ........ J u ly
J a n . 1 t o J u ly 3 1 . . . .
B a t h . S t. R y . {M a i ae) M a y
J a o . 1 t o M a y -31 — .
S a y C i t i e s C o n .8 t .R y ..J u l y
J a n . 1 t o J u l y 3 1___
B in g h a m to n B t R y ..J u ly
J a n . 1 t o J u l y 3 1 ___
B r d e e p o r t T r a o t’ n ..J u ly
J a n . L to J u ly

1897.

1897.
4 ,9 28
1 3 ,4 2 6
928
3 ,9 1 4
2 .5 0 7
1 2 ,6 2 6
214
1 ,4 4 1
4 .2 9 7
1 4 ,5 1 2

1 1 ,3 0 1
5 1 ,0 2 9
4 . 9 18
2 5 .L 0 1
1 2 ,3 8 1
5 7 ,4 0 3
1 .9 3 2
7 .5 4 1
9 ,9 1 5
4 9 .3 2 3
1 8 ,9 7 5
9 0 ,5 5 1

1 2 ,6 2 4
5 4 ,8 7 5
4 170
2 2 ,4 4 1

3 7 ,8 1 8
1 9 9 ,9 J5
3 4 ,5 5 7
1 9 0 ,4 7 J

3 3 ,0 1 4
1 9 0 .9 5 5
3 3 ,2 9 3
1 8 4 ,5 7 4

5 ,3 7 5
1 4 /2 3 6
1 ,2 4 8
5 ,3 3 0
6 ,3 2 0
1 5 ,8 2 0
846
994
4 ,0 7 7
1 5 .6 1 2
1 1 ,7 6 3
3 5 ,8 5 9
1 9 ,3 8 6
9 1 ,3 9 8
1 1 ,7 7 1
5 4 ,9 8 1

1 ,1 7 9 ,5 5 2
2 ,1 3 9 ,2 5 5

5 4 7 ,2 9 5
9 0 7 ,7 5 4

5 1 3 ,0 6 6
8 2 7 ,8 2 1

1 0 ^ ,1 2 5
1 6 1 ,1 9 9

9 4 ,0 7 6
1 4 1 ,5 8 3

1 4 2 (1 5 6
3 0 1 ,8 9 7

1 5 * ,2 5 1
3 0 8 ,8 6 4

B r o o k t o n C o n . S t .R y . J u ly
J a n . 1 t o J u ly 3 1 -----B r o o k l y n H e ig h t s —
A p r . 1 t o J u n e 3 0 . . . . 1 , 3 4 5 ,7 1 0
J a n . 1 t o J u n e 3 0 ___ 2 ,4 0 3 ,8 7 9

9 ,0 5 8
5 0 ,0 3 8
1 ,7 2 1
7 ,0 1 3
9 ,0 9 3
4 6 .7 3 1
1 7 ,4 3 5
8 2 ,7 7 8

B 'k l y n Q u e e n s C o . A S u b ,—
1 9 5 ,1 9 9
2 0 3 ,2 1 0
A p r. 1 to J u n e 3 0 . . . .
3 6 5 ,8 7 3
3 5 0 ,1 2 6
J an . 1 to J u n e 3 0 . .. .
B u fla lo R a ilw a y b —
3 0 8 .3 3 1
3 1 5 ,1 7 8
A p r. 1 to J u n e 3 0 . . .
6 3 3 ,2 5 4
J a n . 1 t o J u o e 3 0 ___
6 3 3 ,5 3 1
C e n t r a l C r o s s t o w n (N. Y . l —
1 4 9 ,9 5 0
1 4 7 ,7 8 3
A p r. 1 t o J u n e S 0 ,._ .
2 8 3 ,3 5 0
2 8 1 .2 6 0
Jau . 1 to J u n e 3 D ....
1 5 ,8 2 7
C h a r le s t o n C it y R y . - J n l y
1 7 ,5 1 8
1 0 1 ,6 7 2
1 0 ,5 5 2
1 3 ,4 6 1
O in . A M ia m i Y . T r . b J u l y
5 ,3 2 7
C lt .B t .K y . M n n .(I n d .) M a y
5 ,6 7 1
2 6 ,7 4 5
2 2 ,8 7 2
J a n . 1 t o M a y 3 L ____
2 ,7 1 1
C i t y E lo o H R o m e ,G a b J u l y
2 ,1 8 1
1 3 .0 2 4
1 3 ,8 3 5
J a n . 1 t o J u ly 3 1 . . . .
1 1 3 ,2 9 0
1 4 7 ,9 3 8
C l e v e l a n d E l e o t r l o . .. J u l y
9 2 2 ,8 9 3
9 7 1 .1 2 3
J a n . 1 t o J u l y 3 L ___ _
9 ,1 8 5
O le v . P a ln e s v . A E . J u l y
1 3 ,9 0 9
5 5 ,3 3 6
J a n 1 t o J u ly 3 i . . .
4 5 ,3 8 8
C o h o e s C ity R y . (N . T . ) —
8 .6 7 4
5 ,7 0 6
A p r . 1 t o J u n e 3 0 ____
1 4 ,0 6 0
J a n . 1 t o J u n e 3 0 ___
9 ,7 1 9
8 0 ,1 9 3
5 1 .7 3 5
O o ’. n m b u s lO .lB t . R y . J u l y
3 8 4 ,5 8 7
3 3 4 ,6 3 5
J a n . 1 t o J u l y 3 1 ___
< J o a s o l.T r * o t ’ o , N . J . b A p r.
2 5 2 ,2 9 9
2 3 3 ,8 1 3
8
8 3 .5 4 0
J a n . 1 t o A p r . 3 0 ___
9 3 5 ,2 1 5
J u l y 1 t o A p r . 3 0 . . . . 2 ,5 0 1 ,3 3 1 2 ,3 8 0 ,8 1 5
O r o s s t o w n S t. R y . ( B n lla lo )
1 1 6 ,2 9 2
1 1 4 ,8 6 2
A p r. 1 to J u n e S O .,..
2 2 8 .4 5 2
2 2 1 ,6 2 5
J a n . 1 t o J u n o 3 0 ___
D a n v . G a s E L - L & 8 t .R y . J u n e
8 ,1 3 8
8 .2 0 6
5 0 ,8 3 1
J a u , 1 to J u n e 8 0 . .. .
5 3 ,0 0 3
6 7 ,4 4 1
D e n v e r C o n .T r a m w . J u l y
6 9 ,1 1 5
4 2 0 ,7 5 2
J a n . 1 t o J u ly 31 —
4 0 0 ,8
D a y t o n A W e s t .T r a o J n ly
0 ,3 6 4
D a t r o i t C it U e n s ’ St. R y .J u n e 1 0 3 ,8 1 7
9 5 .0 2 7
5 1 0 ,2 2 2
J an . 1 to J u n o 3 0 ....
5 5 3 ,9 7 4
3 2 ,1 2 3
3 3 ,7 9 2
D e t r o i t E l e o t r lo R y . J u n e
1 9 9 ,8 9 0
J an . 1 to J a n e 30 . . .
1 9 8 ,6 9 5
D u lu t h S t r e e t R y ___ M a y
1 6 ,6 0 0
1 5 ,8 3 2
7 0 ,8 2 0
7 4 ,3 2 0
J a n . 1 to M ay 3 1 , . . ,
J u ly 1 to M ay 3 1 . . . .
1 8 5 , L3J
1 8 5 ,8 5 4
1 3 ,9 6 7
F t . W ’ n e A E I .R y ( D e t .) J a n e
1 5 ,1 4 0
J a u . 1 t o J u n o 3 0 ___
8 7 ,6 7 7
8 0 ,3 1 0
G a lv e s t s s C ity K y ..M » r .
1 4 ,5 5 9
1 5 ,8 8 8
2 3 ,2 1 9
H a r r i s b U i f T r a o t ’ n . . J u ly
2 7 ,2 8 8
J au . 1 to J u ly 3 1 . . . .
1 4 6 ,0 6 1
1 2 5 ,4 5 1
H e r k i m e r M o h a w k I li o a
dc F r a n k . E l e o ,R y ..J u u e
2 ,7 9 9
2 ,8 0 3
w
J a n . 1 to J u o e 3 0 .—.
2 0 ,4 3 5
1 9 ,4 5 8

.... ...

I n t e r - S t a t e C o n s o l. St r e e t
3 R y . (N o . A t t l e b .) ..M a r .
. » . J a n . 1 t o M a r. 3 1 -----© h igh T r a c t i o n — J u l y
J a u . 1 to J u ly 8 1 ..- ,
L o n d o n 8 t . R y . ( 0 a n .) . M a y
J a il. 1 t o M a y 3 1 . . . .
L o s A n g e le s T r a c t i o n —
D e c. 1 to M ay 3 1 . . . .

1898

1 0 ,2 9 7
2 7 ,8 0 1

9 .5 2 3
2 0 ,8 4 3

9 .1 4 3
5 3 ,8 7 6

1 0 ,8 5 7
5 9 ,7 9 3
7 ,7 1 4
3 3 ,9 5 2

7 ,8 9 4
3 7 ,8 2 4
4 9 ,2 4 1

1 0 ,6 7 3
2 9 ,9 4 0
1 5 ,7 9 7
7 0 ,1 9 5
7 .6 5 5
■15.537

5 0 ,3 3 8
9 1 ,1 1 6
8 ,6 8 5
3 2 ,5 6 1
7 ,2 1 4
2 ,5 0 8
1 3 ,3 7 9
686
2 ,1 0 4
5 5 ,6 1 1
3 7 0 ,3 3 0
9 ,1 6 4
2 4 ,0 5 9

2 ,5 4 0
1 0 ,0 -7
584
3 ,1 9 2
4 9 ,8 2 0
3 0 7 ,1 2 8
6 ,5 8 1
2 L .5 3 7

1 ,1 1 5
d e l . 1 ,1 5 8
3 0 ,3 4 8
1 9 7 ,7 8 3
1 2 8 .3 9 0
4 7 8 .7 9 4
1 ,3 0 9 ,1 4 3

d e f .7 2
d e l . 3 ,7 4 8
2 6 .4 3 3
1 7 3 ,6 3 1
1 2 6 ,3 2 2
4 4 2 .0 8 4
1 ,1 7 9 , 5 8 2

4 2 ,6 6 0
7 7 ,8 2 5
3 ,5 7 5
2 3 ,9 2 9
2 2 ,9 9 0
1 5 8 ,9 8 3
3 ,7 9 0
5 3 ,8 7 5
2 6 2 ,8 7 2
1 0 ,1 0 8
0 4 .8 8 1
8 ,9 3 4
3 7 ,1 6 9
9 0 ,9 7 4
6 .1 7 6
8 4 ,1 1 3

4 1 ,0 0 9
7 4 ,0 2 2
3 ,2 2 0
2 2 ,9 9 3
2 5 ,4 1 2
1 6 7 ,6 3 3

d s f.5 l

4 4 ,0 0 1
8 L .4 6 7
7 ,7 5 2
. . . . ....

4 8 .3 1 7
2 3 3 ,0 1 0
1 1 ,1 6 3
6 3 .8 1 9
7 .9 3 3
2 8 ,5 3 1
8 3 ,6 8 6
5 ,0 4 7
2 7 ,5 7 0

1 4 ,6 7 8
7 3 ,s i y

3 ,7 1 8
1 0 ,2 1 9
5 1 ,0 1 9

1 ,2 2 1
9 ,0 9 0

1 .1 0 7
9 ,7 2 7

2 ,0 9 1
2 ,2 2 8
4 ,3 8 0
1 9 ,6 1 8
2 ,4 7 7
1 1 ,7 9 1

1 ,4 7 2
1 ,9 6 5
6 ,3 5 3
2 3 ,4 1 3
3 ,0 8 5
1 1 ,1 5 7

1 4 ,1 0 9

iv o l

------ O r o t t K a n u n t / s .1898.
1897.
*
5 5 ,7 7 9
L o w e l l L i w r 'o o A H . J a l y
5 0 .5 2 3
J an . 1 to J u ly 31. . . .
2 5 8 ,0 1 5
2 4 3 ,3 9 2
M a n h a tt a n E l e v a t e d (N .\M b —
A p r . I t o J u n e S O .. . . 2 ,1 8 6 ,8 1 6 2 ,3 3 2 ,7 4 8
J a n . 1 t o J a u e 3 J . . . 4 ,0 1 6 ,1 1 7 4 ,7 2 1.252
M e t r o 'u 8 t . R y .. K . C .J u ly
1 8 1 .0 1 0
1 0 3 ,9 8 7
J a n . 1 to J u l y S i ___ 1 ,1 4 0 ,8 0 3 1 ,0 2 1 ,8 4 7
3 2 9 ,9 2 5
J u n e l to J u l y 3 1 . . .
3 1 3 .0 (2
M e t r o p o li t a n (N . Y .l b —
A p r . 1 t o J u n o 3 0 . . . . 3 , 2 3 0 ,7 6 3 2 ,3 8 0 ,4 7 8
J a n . 1 t o J u n e 3 0 ___ 5 ,6 5 4 ,0 1 8 4 ,4 7 8 ,9 4 0
9 7 .8 1 9
M e tr.\ V .8 !d e E t ,C h l0. J u n o
J a n . l to J u n s 3 0 . . .
6 1 4 ,4 1 8
8 1 6 .0 5 1
N ov. 1 to J u n e 3 0 . . .
5 .5 0 9
5,47.0
M o n t g o m e r y Sc. R y S la y
J a n . 1 io M » y 3 1 ___
2 L .5 I 2
2 2 ,7 3 0
4
.6
7
3
M n s o i t l n o 8 t R y ___ J u ly
4 ,2 7 8
3 1 ,7 7 6
2 9 ,7 8 0
J a u . 1 to J u ly 31 . . .
R oad#,

5 7 0 ,9 5 3
9 3 0 ,3 1 0
1 1 ,5 8 4
4 6 ,5 7 5
0 ,0 5 9
2 1 ,1 0 1
1 1 2 ,1 8 3
7 9 2 ,3 1 5

S e w L o n d o n 8 t, a y .J u n e
Jan . 1 to Ju n e 30 . ..
N e w O r le a n s T r e n t ..J u l y
Jan . 1 to J u ly 3 1 . .. .
N o r t h S h o r e T r a o t 'n . J u n e
1 3 7 ,1 6 1
6 H .9 5 4
Jan . ' to Ju n e 30 . . .
9 8 0 ,4 9 1
O o t. 1 *0 J u n e 3 0 . . .
O gdan sbu rg S treet R y .—
4 .7 3 1
A p r. 1 to J u n e 3 0 . . . .
3 7 ,4 2 7
P a te r s o n R a i l w a y .. .. J u l y
2 0 9 ,4 3 0
J a n . 1 to J u l y 3 1 . . . .
R1 o h m find T r a c .b . . .M a y
1 9 ,1 7 4
1 1 ,2 3 2
R o x b 'g h C h e s .B ll A N J u l y
5 9 ,9 0 0
J a n . 1 t o J u l y S I ........
7 ,1 4 6
S o h u y l. V a l. T r a o . . . . J u l y
3 5 2 44
J a n . I t o J u l y 3 1 ........
3 ,3 4 i
S ora n ton A O tr b o n .J u ly
2 0 ,0 2 3
J a u . 1 t o J u l y 3 1 ___
S o r a a t o n R a il w a y . . J u l y
3 1 ,3 3 0
2 L 3 .3 3 9
J a o . 1 t o J u l y 3 1 ___
6 .0 7 L
S o r a n t o n A P it r e t o n .T u ly
3 1 ,2 3 1
J a n . 1 to J u ly 3 1 . . . .
T r o y C it y R R b —
A p r. 1 t o J u n e 3 0 ___
13 2 ,7 4 3
2 1 8 ,8 1 3
J a n . 1 t o J a n e S O ___
1 9 6 ,5 1 3
Tw in C it y R a p id T r .. J u ly
J a n . 1 t o J u l y 3 1 . . . 1 , 2 0 1 .5 5 0
1
4 0 ,5 6 1
H a lte d T r a o . ( P it t s .). J u ly
8 6 9 ,6 7 7
Jan . 1 to J u ly 3 1 . . . .
2 6 ,5 1 8
W a t e r b a r y T r a o . O o ..J u l y
1 5 5 ,4 0 3
J a n . 1 to J u ly 31 . . .
2 2 4 ,52d
O o t. 1 t o J u l y 3 1 ____
W llk e s b . & W y .V .T r .. J u ly
4 5 ,2 2 2
2 7 9 ,2 7 8
J a n . 1 t o J u l y 3 1 ........

•Ye/ E a r n i n g t .—
1898
1897.
*
$
2 1 ,7 2 1
2 0 ,9 0 1
9 1 ,0 0 9
9 0 ,6 3 4
8 4 4 ,4 9 3
1 ,9 1 2 , U 9
8 0 .7 3 2
5 0 6 ,2 3 4
1 0 4 .7 7 5

9 7 6 ,2 2 4
2 ,0 2 4 ,7 3 8
7 6 ,5 1 3
4 4 5 ,0 0 0
1 4 0 ,4 6 5

1 ,6 0 2 ,1 0 4
2 ,6 9 0 ,1 0 6
3 9 ,2 7 9
2 3 5 ,3 4 7
3 2 3 ,2 5 4
3 ,2 9 1
1 L ,5 i8
1 ,9 1 3
9 ,7 0 5

1 . 1 2 6 ,9 2 1
2 ,0 7 3 ,9 8 1

5 0 7 ,0 7 0
8 4 1 ,0 1 0
1 0 ,5 9 8
4 4 ,6 8 9
5 ,2 0 1
1 9 ,8 7 1
1 0 4 .0 3 3
753 632
1 3 1 .223
6 3 3 ,5 8 4
9 5 1 ,5 0 2

2 1 1 .8 5 0
3 3 3 ,3 ) 2
7 ,2 9 0
2 0 ,1 0 3
2 ,8 5 7
4 ,o to
3 5 ,2 7 9
3 0 0 ,8 5 9
6 0 ,0 3 6
2 3 3 ,3 0 2
3 6 3 ,9 8 5

2 2 7 .6 1 6
3 1 0 ,0 5 5
5 ,2 8 0
1 7 ,8 8 4
1 ,8 2 0
3 ,7 3 4
2 3 .7 1 0
2 4 7 ,8 2 7
5 3 ,5 3 7
2 3 1 ,0 0 3
3 5 1 ,9 7 6

4 ,3 9 8
3 4 ,0 0 2
1 9 2 .2 38
1 3 ,1 3 3
1 1 ,0 9 2
4 5 ,2 0 4
6 .6 7 0
3 2 ,0 3 3

2 ,3 3 3
1 8 ,4 0 5
9 0 , 0 £4

2 ,0 1 5
1 6 ,2 1 5
8 5 ,3 2 1

1 2 ,7 3 7
8 ,1 2 5
2 3 ,1 0 1
3 .4 0 5
9 ,3 £2
1 ,7 7 8
9 ,1 3 7
1 8 ,4 2 4
1 0 4 ,0 4 3
2 ,3 2 3
1 0 ,1 0 3

5 ,6 )7
5 ,3 3 1
1 5 /2 3 5
2 .3 2 8

.... ...

N a s s a u E l e o t r lo R R . b —
A p r . 1 t o .Tune 3 0 ___
J a u . 1 t o J u n e 3 0 ___
N e w b n r g S t. R y ..........J u ly
J a n . 1 t o J u l y 3 1 ___

jjx v n .

3 3 .2 5 1
1 9 6 .0 9 3
...............

2 .5 4 7
9 ,9 1 7
1 ,2 6 9

, . . .
1 7 ,2 2 5
9 3 ,9 6 3

1 3 3 ,4 1 7
2 4 1 ,6 4 7
1 8 4 ,7 1 9
1 ,1 1 5 ,1 .4 3
1 2 7 ,3 1 3

0 7 ,4 2 9
1 0 7 ,8 0 8
1 1 0 ,0 5 3
6 1 5 ,8 0 3
8 1 .9 0 5
4 6 3 /2 5 7

8 7 ,5 1 1
1 0 3 ,9 3 9
9 6 ,3 2 6
5 3 2 ,9 4 2
7 1 ,6 7 9

2 3 ,9 1 9
1 4 2 ,1 7 0
2 0 3 ,5 0 1
4 4 ,4 8 4
2 7 2 ,1 9 5

1 1 ,6 1 0
6 7 /2 1 0
9 8 ,4 6 0
2 5 ,5 3 7
1 5 3 ,7 3 3

9 .7 7 8
6 0 , 3 57
9 0 .9 1 0
2 5 .2 6 9
1 4 6 ,5 9 2

a N et s a r n ln e s b o re g iv e n a r e a ft e r d e d u c t in g c a r e s ,
b N a t e a r n in g s b o r e g i v e n a r e b e f o r e d e d u o o t u g t a x e s ,
e N a t e a r n in g s a r e a f t e r d e i u o t m g t a r e s a n d a r e a n d a o o l d e n t I n s u r
anoa.
I n te r e s t C h a rg e s a n d S u r p lu s — T h e fo llo w in g S t r e e t
r a ilw a y s , in a d d it i o n t o t h e i r g r o s s a n d n e t e a r n in g s g i v e n in
t h e f o r e g o in g , a ls o r e p o r t c h a r g e s f o r in t e r e s t , & o ., w it h t h e
s u r p lu s o r d e f ic it a b o v e o r b e lo w t h o s e c h a r g e s .

R oads.
A t la n t a R a il w a y . . . . J u l y
J au . 1 to J u ly 3 1 . .. .
B r id g e p o r t T r a c t io n —
J u l y 1 to J u n e 3 0 ___
C o n s o l. T r . o f M. J . . A p r ,
Jan . 1 to A p r. 3 0 . . .
D e n v e r C o n .T r a m w J u n e
J a n . 1 to J u n e 3 0 —
P a t e r s o n R a i l w a y ,. . J u l y
J a n . 1 to J u ly 31 . ..
R o x b ’ g li C h e s . H ib feN .J u ly
T w in Ci t y R a p i <1 T r . J u ly
J a n , 1 t o J u l y 3 1 ........
U n it e d T r a o t . ( P i t t , .) J u l y
W a t e r b a r y T r a e t 'n J u l y
O o t. 1 t o J u l y 3 1 —

—I n i ., r e n t a ls , e t c .------>r - B a l . o f ITet E a m ' s . —
1898.
1897.
1898.
1897.
$
$
8
8
1 ,2 5 0
5 .0 7 0
1 ,2 5 0
1 ,2 5 7
8 ,7 5 0
8 ,7 5 0
7 .0 7 0
3 ,3 7 6
8 5 ,9 5 0
1 1 5 ,4 7 1
4 6 1 ,8 9 6

8 4 ,1 5 0
1 1 1 /2 2 8
4 4 1 ,8 3 0

1 3 ,1 5 7
1 1 2 ,5 5 3
9 ,1 2 5
6 2 .7 5 0

1 8 ,7 9 7
1 1 1 ,6 59
9 ,0 )0
6 3 ,3 2 4
1 ,8 7 0
6 2 ,9 3 8
4 5 0 ,6 1 8
3 8 ,0 1 1
3 ,1 1 0
3 7 ,0 0 2

2 ,2 2 3
6 5 ,5 1 2
4 5 6 ,4 0 7
5 2 ,2 7 4
3 ,3 0 7
3 5 /2 4 8

6 9 ,2 7 1
1 2 ,9 1 9
1 6 ,8 9 8
8 ,7 1 5
2 3 ,4 8 3
9 ,2 * 0
2 7 /2 7 4
5 ,9 0 3
4 4 ,5 4 1
1 5 9 ,3 9 6

4 3 ,6 7 7
1 5 ,5 9 4
248
7 ,4 3 6
3 0 ,0 0 2
7 .2 2 5
2 1 ,9 9 7
3 ,5 1 1
3 3 ,3 8 8
8 2 ,3 2 4

2 9 ,6 3 1
8 ,3 0 3
6 3 ,2 1 2

3 3 ,6 6 8
6 ,6 6 8
5 3 ,9 0 0

ANNUAL REPORTS.

Annual Reports.—The usual index is omitted this week,
but that published in last w e e k ’ s C
covers all re­
ports published to Aug. 18 inclusive.
Dourer & Rio Grande R ailroad.
h r o n ic l e

( R e p o r t f o r the y e a r e n d in g J u n e 3 0 , 1 898. J

The annual report has bean issued in pamphlet form for
the year ending June 30, 1993, The remarks of President IS,
T. Jeffery will be found in f u l l , toge.her with valuable tables,
on page3 '129 to 431 of this issue.
The following comparative statistics have been compiled
for the C
:
h r o n ic l e

OPERATIONS, EARNINGS, ETC.
1 8 9 7 -9 6 .
1 8 9 6 -9 7 .
1 8 9 5 -9 0 .
1,688
1 ,0 8 8
1 ,6 6 3
M ilo s o p o r a t o d ( a v e r a g e ) ..
E q u ip m e n t—
207
293
* 292
Locomo.(8t. and nar.gauge)
3 ,3 5 0
3 ,3 5 0
3 ,3 5 0
Frelghtcars (stand, gauge)
4 ,2 5 1
4 ,2 0 8
4 ,3 2 7
Freight oars (nur. gauge)..
82
82
82
Pass, cars (stand, gauge)..
138
138
139
Pass, oars (nur. gauge)....

1 8 9 4 -9 5 .
1 ,6 5 7
291
2 ,5 6 7
4 ,4 3 1
82
140

THE

A ugust 27, 1898.J

C H R O N IC L E

1 8 9 6 -9 7 .
1 8 9 7 -9 8 .
O p e r a tio n s —
$
$
5 3 4 ,2 3 9
P a s s , c a r r ie d ( n u m b e r ) . . . . 5 5 6 ,9 9 6
F r e i g h t c a r r ie d (t o n s ) — 2 ,5 9 6 ,0 2 9 1 , 7 3 1 ,6 9 4
$
E a rn in gs fr o m —
$
E r e i g h t ....................................... . 6 ,1 8 1 ,7 7 7 4 ,8 9 4 ,6 1 2
P a s s e n g e r s ................................ 1 ,3 6 0 ,7 1 6 1 ,2 4 7 ,9 9 1
8 0 2 ,5 1 2
M is c e l la n e o u s ........................ . 8 0 0 ,4 3 3

1 8 9 5 -9 6 .
$
6 3 5 ,1 2 9
1 ,9 6 6 .1 3 1
$
5 ,1 7 9 ,0 5 0
1 ,4 7 8 .9 1 1
8 9 3 ,2 2 6

1 8 9 4 -9 5 *
$
5 1 3 ,3 8 0
1 ,9 9 2 ,7 6 4
$
4 ,8 1 9 ,9 0 5
1 ,1 8 3 ,2 7 0
9 1 3 ,6 6 5

T o t a l e a r n i n g s ................ 8 ,3 4 2 ,9 2 6
E xp en ses fo r —
M a i n t e n a n c e o f w a y .......... .. 1 ,0 0 5 ,1 7 6
M a i n t e n a n c e o f s t r u c t u r e s 2 2 1 ,4 5 6
M a in t e u a u e e o f e q u i p m ’ t . 5 6 9 .3 4 0
C o n d u c t in g t r a u s p o r t a t ’ n .2 ,7 9 5 ,5 0 3
E x p r e s s e x p e n s e s ................ . 1 5 9 ,6 2 9
G e n e r a l e x p e n s e s ............... . 2 6 6 ,4 9 6

6 ,9 4 5 ,1 1 5

7 ,5 5 1 ,1 3 7

6 , 9 1 6 ,8 4 0

8 7 6 ,7 7 1
1 5 6 ,0 6 6
3 7 8 ,1 9 2
2 ,2 1 5 .8 5 7
1 7 2 ,8 5 2
2 7 5 ,5 9 9

9 7 8 ,6 4 1
8 2 0 ,7 2 0
1 8 5 ,7 4 3
1 4 4 .1 3 7
4 2 3 .7 5 5
3 9 8 ,3 1 0
2 , 3 0 2 .1 4 5 2 ,1 8 8 ,7 6 3
1 8 8 ,2 3 7
1 7 5 ,6 2 3
2 7 0 ,2 dO
2 6 3 ,6 5 8

T o t a l e x p e n s e * .............. . 5 ,0 1 7 ,6 0 0 4 ,0 7 5 ,3 3 6
N e t e a r n i n g s ............................ 3 ,3 2 5 ,3 2 6 2 ,8 6 9 ,7 7 9
60*14
5 8 -6 8
P e r c t .o f e x p e n s ’ s to earn s.
INCOME ACCOUNT.

4 ,3 4 8 ,7 8 1
3 ,2 0 2 4 0 6
*5 7 5 9

3 ,9 9 1 ,2 1 2
2 ,9 2 5 , 6 2 8
57 70

1 8 9 7 -9 8 .
R ec e ip ts —
$
N e t e a r n i n g s . ........................... 3 ,3 2 5 ,3 2 6
6 2 .4 0 3
O th e r i n c o m e ......................... .

1 8 9 6 -9 7 .
$
2 ,8 5 9 ,7 7 9
5 1 ,6 8 3

1 8 9 3 -9 6 .
$
3 , 2 0 1 ,4 0 6
5 7 ,3 3 4

1 8 9 4 -9 5 .
8
2 ,9 2 5 ,6 2 8
1 4 ,6 0 0

T o t a l ................................... 3 ,3 8 7 ,7 2 9 2 , 9 2 1 ,4 6 1
D is b u r s e m e n t s —
I n t e r e s t o n b o n d s ..................1 ,9 9 7 ,9 5 0 1 ,9 9 7 ,9 5 0
In te re s t, d is c o u n t & e x c h
3 5 1 ,9 9 1
T a x e s a n d i n s u r a n c e ........ . 3 6 2 .0 9 3

3 ,2 5 9 ,7 4 0

2 , 9 1 0 ,2 2 3

1 ,9 9 7 ,9 5 0

1 ,9 9 7 ,9 5 0
1 ,1 3 6
3 4 2 ,2 5 6

D iv i d e n d s o n p r e f . s t o c k . .
M is c e l la n e o u s a n d r e n t a l s

5 9 1 ,2 5 0
1 2 9 ,1 7 9

4 7 3 ,0 0 0
6 7 ,3 2 3

__

3 5 / .7 8 R
1 4 3 ,5 6 8
4 7 3 ,0 0 0
7 4 ,0 4 6

T o t a l ..................................... 3 . 0 - 0 , 4 7 7 2 , 8 9 0 ,2 6 4 3 , 0 1 1 ,3 5 0
3 1 ,1 9 8
2 1 8 ,3 9 0
S u r p l u s ...................................... .. 2 0 7 ,2 5 2
BALANCE SHEET JUNE 3 0 .
A.88Ct8—
C o s t o f r o a d a n d b r a n c h e s ..
E q u i p m e n t . ..................... ............
M a t e r ia ls a n d s u p p l i e s ..........
A g e n t s a n d c o n d u c t o r s ..........
B i l ls r e c e i v a b l e ........................
In d iv id u a ls a n d c o m p a n ie s
S e c u r it ie s in t h e t r e a s u r y .. ,
S p e c i a l r e n e w a l f u n d ............
M is c e l la n e o u s a c c o u n t s ........
C a s h ..................................................

7 0 ,1 9 6
2 ,4 1 1 ,5 3 8
5 2 8 ,6 9 0

1 0 9 ,4 7 6 ,8 4 7 1 0 9 ,0 2 5 ,1 7 5 1 0 3 ,9 4 2 ,6 5 9
T o ta l.
L ia b ilitie s —
C a p it a l s t o c k , c o m m o n ...................... 3 8 ,0 9 0 ,0 0 9 3 8 .0 0 0 ,0 0 0 3 8 , 0 0 0 ,0 0 0
C a p it a l s t o c k , p r e f e r r e d .................. 2 3 , 6 5 0 ,0 0 0 2 3 .6 5 0 ,0 0 0 2 3 .6 5 0 .0 0 0
6 .3 8 2 .5 0 0
1 st m o rtg a g e b o n d s, 7 p er c e n t ..
« .3 8 2 ,5 0 0
8 .3 8 2 .5 0 0
0
1 s t c o n s . m o r t . b o n d s , 4 p e r c e n t . 2 8 , 6 5 0 ,0 0 0 2 8 .H 5 0 .0 0 > 2 8 .6 5 0 .0
8 .1 0 3 .5 0 0
Im p r o v . m o rt. b o n d s , 5 p e r c e n t .
8 , 1 0 3 ,5 0 0
8 .1 0 3 .5 0 0
4 3 9 ,4 8 6
4 3 7 ,5 1 7
R e n e w a l f u n d .........................................
4 5 3 ,0 7 0
V o u c h e r s ....................................................
1 7 5 ,8 8 6
1 4 0 ,9 2 1
1 6 7 ,2 4 3
3 0 2 ,9 4 2
P a y r o l l s .................... - ................. ..
3 5 9 ,9 1 4
3 1 7 ,9 1 8
9 9 .5 5 6
T r a f f ic b a l a n c e s .....................................
4 3 ,2 5 9
1 0 8 ,2 2 7
1 0 8 ,2 2 7
A c c r u e d i n t e r e s t o n b o n d s ............
1 0 8 ,2 2 7
6 0 8 .3 4 0
6 0 9 .2 2 3
• C o u p o n s .....................................................
6 1 4 ,9 5 8
2 3 9 ,1 M
2 3 7 .4 1 4
M i s c e l l a n e o u s .........................................
3 > 4,215
2 3 6 ,8 2 0
D i v i d e n d s ...........................
3 5 4 ,9 1 0
2 3 6 ,6 5 0
2 ,0 5 6 ,4 1 8
2 ,0 4 9 .7 9 9
B a la n c e t o p r o f it a n d l o s s ..............
2 ,2 7 6 ,4 0 8
T o t a l ..................................................... 1 0 9 ,4 7 6 ,8 4 7 1 0 9 ,0 2 5 ,1 7 5 1 0 8 ,9 4 2 ,6 5 9
—V . 67, p, 319.

Buffalo Rochester & Pittsburg Railway.

("R ep o rt f o r the y e a r e n d in g J u n e SO, 1 8 9 8 .)

The remarks of President Arthur G. Yates are given on
pages 432 and 433 of to-day’s C hronicle .
The statement of earnings, expenses, balance sheet, etc.,
has been compiled for four years for the C hronicle as follows:
OPERATIONS, EARNINGS AND EXPENSES.
1 8 9 5 -9 6 .
1 8 9 1 -9 5 .
1 8 9 7 -9 8 .
1 8 9 6 -9 7 .
R o a d o p e r a t e d ........ .
336
339
340
336
E q u ip m e n t—
142
132
142
141
L o c o m o t i v e s ..............
54
53
53
53
P a s s e n g e r c a r s ..........
F r e i g h t e a r s ................
7 ,0 5 0
7 ,1 9 6
6 ,8 5 0
7 ,2 4 8
250
243
231
233
S e r v i c e c a r s ..................
O p e r a ti o n s —
7 4 2 ,7 0 2
7 4 2 ,1 0 2
P a s s e n g e r s c a r r ie d .
7 1 4 ,8 2 7
7 3 3 ,2 0 8
P a s s , c a r r ie d 1 m ile . 1 6 , 2 5 5 ,1 6 0 1 5 ,3 7 4 ,6 3 4 1 6 ,0 5 5 ,8 9 9 1 5 ,4 1 0 ,6 6 8
'2*18 c t s
2 1 6 cts.
R a te p e r pass. p e r m .
2 1 6 cts.
2*18 o ts .
4 ,0 9 2 .8 5 0
2 .4 3 3 ,1 6 5
2 ,5 3 5 ,0 j 8
T o n s o f b it . c o a l oa r .
2 ,9 4 9 ,5 8 2
2 5 9 ,4 2 5
T o n s o f c o k e c a r r ie d
5 4 8 ,2 3 1
4 3 1 ,2 1 8
3 6 7 ,2 7 5
3
, 7 5 4 .9 4 6
3
,7
7
5
,5
0
4
T o t . t ’ n s ( a l l f r 't ) c a r
5 ,8 7 4 .1 7 3
4 ,3 7 3 ,1 8 8
143*0)
A v .d i s .h a u l 1 t o n m .
12503
131*52
143 70
F r e i g h t (t o n s ) 1 i n .. 7 3 4 ,4 7 1 ,6 5 6 5 7 5 ,1 6 9 ,4 6 5 5 4 2 ,5 5 7 ,0 6 3 5 3 6 ,9 6 8 ,4 5 9
0 4 6 ots.
0*4 2 c t s .
0 4 7 cts.
R a t e p e r t o n p e r in..
0 4 8 Cts.
$
E a r n in g s —
*
$
$
3 7 5 .0 2 6
3 8 9 ,5 0 4
P a s s e n g e r .....................
3 9 4 ,6 7 5
3 7 1 ,7 7 3
2
,
7
4
7
,7
2
2
2
,6
4 7 ,6 7 8
F r e i g h t ...........................
3 ,2 8 1 ,7 9 4
2 ,9 3 0 ,9 8 7
5 ,5 1 2
M is c e l la n e o u s ............
7 ,1 2 1
4 ,6 0 3
9 ,0 0 6
3 ,3 1 1 ,7 6 6

3 , 1 4 1 ,8 8 9

BALANCE SHEET JUNE 30.
1898.
A s sets—
$
C o s t o f r o a d & e q u i p . 2 1 ,7 6 0 ,6 0 5
C o s t o f p r o p ’ t 'y r d s . . 1 ,5 1 7 ,9 4 9
I n v e s t m e n t s ................... 1 ,0 0 3 ,6 7 0
C a s h ....................................
2 3 ,4 6 6
B ills r e c e i v a b l e ............
1 1 2 ,9 2 0
M a t e r ia ls o n h a n d ___
3 3 2 ,0 2 5
A g en ts & co n d u ctors.
3 4 0 ,0 1 1
In d iv id u a ls a n d c o s . .
1 7 3 ,5 6 0
M is c e l la n e o u s ........................................

1897.
1896.
$
S
2 1 ,0 * 7 ,9 7 0 2 0 ,^ 8 3 ,1 6 0
1 ,5 1 1 ,8 2 0
1 ,5 0 3 ,7 7 5
1 ,0 0 3 ,6 7 0
1 ,0 0 3 ,6 7 1
1 0 9 ,3 7 8
6 1 ,0 5 4
2 9 2 ,0 0 0
3 0 4 ,0 0 0
2 9 7 ,8 9 0
2 4 5 ,8 1 4
3 1 5 .6 8 4 )
4 1 8 ,5 1 7
2 0 3 ,4 8 1 C
1 1 0 ,2 7 1
1 0 0 ,5 4 1

1895.
$
2 0 ,6 2 5 ,4 5 1
1 ,4 9 7 ,9 3 2
1 ,0 0 3 ,6 7 1
4 1 ,1 9 7
5 8 6 ,0 0 9
2 6 1 ,9 8 5

T o t a l ........................... 2 5 ,2 3 4 ,1 9 3
L ia b ilitie s S t o c k , c o m m o n ........... 6 ,0 0 0 ,0 0 0
S t o c k , p r e f e r r e d ........ 6 ,0 0 0 ,0 0 0
B o n d s (s e e S u p p . ) ___ 1 0 ,6 2 9 ,0 0 0
C a r t r u s t s .......................
7 8 6 ,0 0 0
3 0 4 ,0 0 0
R e a l e s t a t e m t g s .........
B o n d s o f p r o p r i .r d s ..
3 7 0 ,0 0 0
In t. a c c r u e d n o t d u e .
1 3 1 ,3 9 2
P a y -r o l ls a n d v o u c h ..
3 9 6 ,3 5 9
B ills p i y a b l e .........................................
D u e t o i n d i v 's & c o s . .
5 3 ,3 5 7
M i s c e l l a n e o u s ..............
5 ,4 5 5
5 8 8 ,6 3 5
P r o f it a n d l o s s ............

2 4 ,9 3 2 ,1 6 4

2 4 ,4 8 1 ,3 4 2

T o t a l .........................2 5 ,2 6 4 ,1 9 3
— V. 67, p . 3 16 .

3 6 7 ,8 6 8
9 7 ,2 2 9

2 4 ,6 2 0 ,5 3 2

6 ,000,000

6 , 0 1 0 ,0 0 0
6 , 0 0 0 ,0 0 0

1 0 , 6 2 9 ,0 0 0
5 2 7 .0 0 0
3 0 1 ,5 0 0
3 7 0 .0 0 0
1 3 0 ,1 8 5
5 2 6 ,4 4 0

6 , 0 0 0 ,0 0 0

9 ,6 2 9 ,0 0 0
6 6 3 .0 0 0
3 0 1 ,5 0 0
3 7 0 .0 0 0
1 3 0 ,9 2 2
3 4 2 ,4 3 8
7 6 2 .0 0 0
2 1 5 ,0 8 4
1 6 ,1 7 9
1 8 5 ,1 2 8

9 ,3 1 0 ,0 0 0
8 0 8 ,0 0 0
3 0 6 ,5 0 0
3 7 0 ,0 0 0
1 2 6 ,7 8 7
4 2 0 ,8 3 8
8 7 8 ,9 7 0
1 3 3 ,0 9 4
2 9 ,2 8 0
6 7 ,8 7 3

6 , 000,000

2 6 ,2 6 9
5 ,4 5 5
4 1 6 ,3 1 5
2 4 ,9 3 2 ,1 6 4

2 4 ,9 2 0 ,5 3 2

6 , 000,000

2 4 ,4 8 1 ,3 4 2

Chicago Great Western Railway.
/ ' R e p o r t e r th e y e a r e n d in g J u n e 3 0 , 1 8 9 8 .)

1898.
1897.
1896.
$
$
$
1 0 1 ,1 5 6 ,5 6 4 1 0 1 ,1 5 6 ,5 6 4 1 0 1 ,2 3 1 ,6 2 7
4 ,1 3 5 .1 4 1
4 .1 3 5 ,1 4 1
4 ,1 3 5 ,1 4 1
3 2 7 ,4 6 6
3 1 7 ,1 0 8
3 9 4 .3 9 7
2 2 6 ,8 8 6
2 1 0 ,2 7 6
2 1 0 ,7 1 4
............................
2 5 ,0 0 0
2 5 ,0 0 0
1 9 0 ,7 4 7
1 0 6 ,6 9 9
1 6 3 ,9 5 6
.
2 . 0 1 7 ,3 5 0
1 ,9 2 0 ,0 4 2
1 ,7 2 9 ,9 8 6
453 070
4 3 9 .4 6 6
4 3 7 ,5 1 7
1 5 8 ,4 0 9
1 3 0 ,9 2 2
8 * ,9 8 4
8 1 1 ,2 1 4
5 8 3 ,* 5 6
5 2 5 ,3 3 6

T o t a l .....................
3 ,6 8 3 ,5 9 0
E xp en ses—
T r a n s p o r t a t i o n .........
1 ,2 4 3 ,3 7 6
M a ia t . o f e q u i p ’ t___
5 9 7 ,0 1 0
M a in t . o f w a y , e t c . .
4 3 3 .0 2 5
G e n e r a l ..........................
9 3 ,0 0 5
T a x e s ..............................
6 2 ,3 0 3
E x t r 'd i n a r y A; i m p ’ is
1 3 2 ,8 5 3

42 3

3 .0 2 8 ,2 1 6

1 , 1 4 4 ,0 23
6 0 2 ,8 7 0
4 0 7 ,0 0 3
9 8 ,9 5 9
7 6 ,7 0 4
2 0 ,0 8 4

1 ,1 6 9 ,0 6 8
5 5 7 ,1 0 1
8 7 9 ,7 1 9
9 4 ,8 3 0
6 3 ,6 4 2
2 0 ,5 5 3

1 ,1 9 6 ,7 2 9
5 5 1 ,5 3 8
3 3 6 ,3 5 8
8 7 .8 0 3
5 9 ,7 2 8
3 9 ,1 3 1

2 ,2 8 4 ,9 1 3
8 5 6 ,9 7 6
(7 2 -7 2 )
3 7 ,8 8 9

2 ,2 7 1 ,2 8 7
7 5 6 ,9 2 9
(7 5 0 0 )
3 8 ,2 2 5

T o t a l ........................
N e t e a r n i n g s ...............
P . c. op . e x . to earn s.
O t h e r i n c o m e ..............

2 ,5 6 1 ,5 7 2
1 ,1 2 2 ,0 1 8
(6 9 54)
2 2 ,5 1 4

2 ,3 5 0 ,2 4 3
9 6 1 ,5 2 3
(7 0 -9 6 )
3 5 ,5 1 0

T o t a l ........................
D is b u r s e m e n ts —
I n t . o n b ’d s <k c a r t r .
In terest on b on d s o f
p r o p r ie ta ry r o a d s .
R e n t a l s .........................
M is c e lla n e o u s i n t . . .
D iv . o n p r e f . (2 p .o .)

1 ,1 4 4 ,5 3 2

9 9 7 ,0 3 3

8 9 4 ,8 6 5

7 9 5 ,1 5 4

6 4 7 ,0 6 6

5 7 9 ,8 7 7

5 8 5 ,0 0 1

5 7 7 ,3 7 1

1 8 ,9 0 0
1 2 1 ,9 3 1
4 ,2 6 4
1 2 0 ,0 0 0

1 8 ,9 0 0
1 2 0 ,6 6 5
4 6 ,7 0 5

1 8 ,9 0 0
1 2 7 ,4 6 0
4 5 ,8 6 0

1 8 ,9 0 0
1 2 4 ,9 6 0
3 1 ,2 5 2

T o t a l .......................
S u r p l u s .................

9 1 2 ,2 1 1
2 3 2 ,3 2 1

7 6 6 ,1 4 7
2 3 0 ,8 8 6

7 7 7 ,2 2 1
1 1 7 ,6 4 4

7 5 2 ,4 8 3

The remarks of President Stickney, from the annual re­
port, giving much valuable information regarding the prop­
erty, are given on pages 438 to 435.
The following comparative tables have been compiled for
the C h r o n i c l e :
EARNINGS, EXPENSES AND CHARGES.
1 8 9 7 -9 8 .
E a r n in g s —
$
P a s s e n g e r s .................................. 1 ,0 7 5 ,8 4 6
F r e i g h t ......................................... 4 ,1 0 2 ,5 1 7
M a il, e x p r e s s , e t c ........ .......... 2 0 7 , 6 8 1

1 8 9 6 -9 7 .

1 8 9 5 -9 6 .

1 8 9 4 -9 5 .

9 3 8 ,5 9 2
3 ,5 4 9 ,0 1 1
1 9 3 ,2 5 6

9 7 2 ,0 6 6
3 ,5 4 3 ,0 9 7
1 9 4 ,6 5 7

8 3 7 ,0 7 2
2 , 5 7 9 ,1 9 4
2 1 9 ,8 3 2

T o t a l e a r n i n g s .................5 ,3 8 8 ,0 4 4
O p e r a tin g e x p e n s e s —
M a i n t e n a n c e o f w a y ........... 6 5 3 ,5 6 4
M a i n t - n a n c e o f e q u i p ........ 6 0 0 ,2 4 6
C o n d u c t in g t r a n s p o r t a t ’ n . 2 ,0 0 0 ,9 1 4
A g e n c ie s a n d a d v e r t i s in g . 1 9 2 ,5 9 2
G e n e r a l e x p e n s e s ................. 3 3 0 ,0 5 7
T a x e s ............................................ 1 7 3 ,0 0 0

4 ,6 8 0 ,8 5 9

4 , 7 0 9 ,8 2 0

3 ,6 3 6 ,0 9 8

6 7 6 ,0 2 6
4 6 6 ,9 9 7
1 ,7 8 8 ,3 9 4
1 7 9 ,5 5 7
3 1 6 ,6 1 3
1 5 3 ,0 0 0

6 4 3 ,5 3 8
5 3 1 ,8 5 9
l,6 1 x ,2 3 j
1 8 3 ,8 4 5
3 0 2 ,7 6 8
1 4 4 ,0 0 0

4 7 9 ,5 2 0
4 2 0 ,0 7 0
1 ,4 8 9 ,0 3 9
1 3 8 ,5 7 3
2 8 9 ,5 4 7
1 2 0 ,0 0 0

T o t a l ................................... 3 ,9 5 0 ,3 7 3
N e t e a r n i n g s .............................1 ,4 3 5 ,6 7 1
D ed u c t—
R e n t a ls ( in c l. e q u i p m e n t ) . 4 4 8 ,6 1 3
I u t e r e a t p r i o r t y l o a n ........... 1 4 1 ,1 5 7
I n t e r e s t —s t e r li n g & t e m ­
p o r a r y l o a n s ......................... 1 1 1 ,0 6 2

3 , 5 8 0 ,5 8 7
1 ,1 0 0 ,2 7 2

3 ,4 5 4 ,2 4 3
1 ,2 5 5 ,5 7 7

2 ,9 3 6 ,7 4 9
6 9 9 ,3 4 9

4 3 4 ,2 0 7
1 4 1 ,1 5 8

4 3 6 ,6 0 2
1 4 1 ,1 5 8

4 4 8 ,6 1 6
1 4 1 ,1 5 8

6 9 ,5 9 4

4 5 ,3 3 4

2 6 ,3 6 2

T o t a l .....................................
7 0 0 ,8 3 2
6 4 4 ,9 5 9
6 2 3 ,0 9 4
6 1 6 ,1 3 6
S u r p lu s o v e r m a n d a ­
6 3 2 ,4 S 3
t o r y c h a r g e s ................. * 7 3 4 ,8 3 9
4 5 5 ,3 1 3
8 3 ,2 1 3
* O u t o f t l i e $ 7 3 4 ,8 3 7 s u r p l u s in 1 8 9 7 -8 t h e r e h a v e b e e n p a i d t w o s e m i ­
a n n u a l d iv id e n d s o f 2 p e r c e n t e a c h o n th e 4 p e r c e n t d e b e n tu re s to c k
w h ic h , u n d e r t h e a r r a n g e m e n t e x p l a i n e d in t h e a n n u a l r e p o r t o f 1 8 9 4 ,
is e n t i t l e d t o d i v i d e n d s I n c a s h a m o u n t i n g t o $ 3 9 6 ,5 2 4 ; in a c c o r d a n c e
w it h th e a r r a n g e m e n t o f 1 8 9 4 , t h e d i v i d e n d s o n t h e b a l a n c e o f t h e
t fe b e n t u r e s t o c k h a v e b e e n p a i d w it h s c r ip , c o n v e r t i b l e i n t o d e b e n t u r e
s t o c k a t p a r , a m o u n t i n g t o $ * < 8 ,8 0 0 ; t h e d i v i d e n d s o n t h e $ 1 7 7 ,0 0 0
d e b e n t u r e s t o c k , is s u a b le u n d e r p l a n o f r e o r g a n i z t t io n i n e x c h a n g e
f o r fir s t m o r t g i g e b o n d s , h a v e b e e n p r o v i d e d f o r , w it h s c r ip , c o n v e r t ­
i b le I n to d e b e n t u r e s t o c k a t p a r , $ 7 , 0 8 0 ;
l e a v i n g fin a l s u r p lu s ,
$ 2 4 2 ,4 3 5 .
GENERAL BALANCE 8HEETS, CAPITAL ACCOUNTS, JUNE 30.
1898.
1897.
1896.
$
$
$
C o s t o f r o ll i n g s t o c k o w n e d .................. 2 ,4 8 4 ,5 6 7 2 .3 8 5 ,9 3 2 2 ,3 7 2 ,8 7 2
C o s t o f r o ll i n g s t o c k l e a s e d ................... 1 ,8 7 0 ,1 9 1 1 ,7 8 4 ,6 3 9 1 ,6 4 5 ,8 2 5
C o s t o f r o a d , i n c lu d in g t e r m i n a l s ___ 5 2 ,8 8 8 ,5 8 9 5 2 ,0 0 9 , 0 7 0 5 1 ,3 1 3 ,0 7 6
O e lw e in s h o p s ............ ...................................
7 8 ,1 4 3
...............
6 6 ,5 0 0
F o u r p . o. d e b e n t u r e s t o o k in t r e a s u ’ y
7 7 ,1 0 0
6 6 ,5 0 0
8 6 ,4 5 0
O th e r t r e a s u r y s t o c k s ...............................
9 2 ,7 4 2
1 0 0 ,6 8 2
5 0 ,8 2 8
I n t e r e s t in C h ic . U n io n T r a n s f e r R y .
5 4 ,8 2 8
5 2 ,8 2 *
6 6 5 ,6 7 8
S to c k s a n d b o n d s o f o th e r c o m p a n ie s
6 8 5 ,2 7 2
6 7 9 ,2 5 9
1 7 4 ,1 6 4
C a s h in b a n k s a n d in L o n d o n ...............
4 8 4 ,3 9 3
1 0 9 ,6 2 8
1 0 9 ,6 2 9
A c c o u n t s a n d b i l l s r e c e i v a b l e ............
9 0 ,3 6 9
1 1 6 ,5 8 7
* 6 8 0 ,3 4 7
M i s c e l l a n e o u s * . . . . . .....................................
* 2 8 0 ,4 9 1
* 3 8 1 ,5 6 5
T o t a l ............................................................. 5 9 ,0 8 6 ,6 9 0 5 7 ,6 3 6 ,6 9 0 5 7 ,1 6 5 ,3 6 9
L ia b ilitie s —
P r i o r it y lo a n C . S t. P . & K . C . R y . . . . 2 ,8 2 3 ,1 5 0 2 ,8 2 3 ,1 5 0 2 , 8 2 3 ,1 5 0
E q u ip .,le a s e ,w a r ’ t s .C 8 t.P .< fcK .C .R y .. 1 ,2 1 3 ,3 0 9 1 ,2 2 7 ,1 7 8 1 ,2 0 7 ,4 0 5
D e b s t o c k ,i n t e r e s t p a y a b l e in c a s h . . . 9 ,9 3 5 ,2 0 0 9 , 8 3 3 ,0 0 0 8 ,1 2 1 ,3 0 0
D e b . s t o c k , in t . p a y a b le in d e b . s t o c k . 2 ,2 2 0 ,0 0 0 2 ,2 1 7 ,5 0 0 3 , 5 0 9 ,8 0 0
6 5 ,8 3 9
7 6 ,8 7 3
5 9 ,5 1 8
S c r ip r e d e e m a b l e I n d e b . s t o c k ............
F i v e p e r c e n t p r e f e r r e d s t o c k A .......... 1 1 ,1 6 0 ,0 0 0 1 1 , 1 5 7 ,0 0 0 1 1 ,1 5 6 ,4 0 0
F o u r p e r c e n t p r e f e r r e d s t o o k B ........ 7 .4 4 4 ,1 9 0 7 .4 4 4 ,1 9 0 7 , 4 4 4 ,1 9 0
C o m m o n s t o c k .....................
. . . . 2 1 , 2 0 0 , 1 4 5 2 0 ,8 8 0 ,2 4 5 -2 0 ,8 0 9 ,1 4 5
9 6 9 ,6 9 6
S t e r lin g l o a n s ............................................
2 ,5 5 4 ,5 4 5 1 ,4 2 0 ,1 2 1
4 0 .0 0 0
40000
D u e o n s t o o k C h ic . U n . T r a n s f e r R y . .
4 0 ,0 0 0
8 0 ,9 6 4
4 6 ,6 1 4
C u r r e n t b i ll s p a y a b l e .........................................................
7 4 ,9 3 8
2 2 1 ,4 4 9
T e m p o r a r y lo a n f r o m r e v e n u e a c c t s ..
1 5 6 ,1 4 1
* 3 8 1 ,5 6 5
* 6 8 0 ,3 4 7
I n t e r e s t w a r r a n t s r e d . in d e b . s t o c k . . * 2 8 0 ,4 9 0
4 1 .0 0 0
5 9 ,0 0 0
B a l. s u b . t o D e K . & G t. W . s t o c k ...............................

. ___-i

4 2 ,6 7 1

5 9 ,0 8 6 ,6 9 0 5 7 ,6 8 6 ,6 9 0 5 7 ,1 6 5 ,3 6 9

T o t a l.

N o t e .—I n a d d it i o n t o t h e a m o u n t o f s t o c k s h o w n a s o u t s t a n d i n g
t h e r e w a s i s s u a o le J u l y 1, 1 8 9 8 , i n e x c h a n g e f o r s e c u r it i e s o f th e C. S t.
P . & K . C. R y . C o . w h ic h a r c s t ill o u t s t a n d i n g , t h e f o ll o w i n g , w h i c h a s
. . . .*

.

.

.

^

i i . , ................ .

r o m ...

-Kvr.-.. m i n t

/i A l i fl n -

r I n 1 8 9 8 t h e $ 2 3 0 ,4 9 0 , in 1 8 9 7 th e $ 3 8 1 ,5 6 5 a n d in 1 8 9 6 th e |$680,3 4 7 a r e o n a c c o u n t o f s u n d r y h o ld e r s o f 4 p e r o e n t d e b e n t u r e s t o c k
a n d 5 p e r c e n t p r e f e r r e d s t o c k A w h o d id n o t m a k e a c a s h s u b s c r ip ­
t io n o f 12 4j p e r c e n t o f t h e i r h o l d i n g s o f t h o s e s t o o k s , a n d t h e r e f o r e
w ill r e c e i v e d e b e n t u r e s t o c k a t p a r u n t il t h e y h a v e s o r e c e i v e d l - 1^
p e r c e n t o l t h e i r h o l d i n g s in f p a y m e n t o f in t e r e s t a n d d iv i d e n d s aa
t h e y m a t u r e .— Y . 6 7 , p . 2 1 9 .

THE

124

C H R O N IC L E

Chicago & Eastern Illinois Railroad Company.
( Report for the year ending June SO, JS9S.)
President M. J. Carpenter sava in substance :
The Stoss receipts for the fiscal year increased 7'4S per
cent [$298,887], notwithstanding the severe losses attending
the coal miners’ strike that lasted from July 1 until Sept. 15.
The expenses increased 7 (SOper cent, as follows :
M a i n t e n a n c e o t w a y a n d s t r u c t u r e s .................................
$ 5 2 ,6 3 0
M a i n t e n a n c e o f e q u i p m e n t , .......................................................... 8 0 ,1 1 1 "
11%
C o n d u c t in g t r a n s p o r t a t i o n " .......................................................... 6 2 ,2 7 5 "
5%
T a x e s i n c r e a s e d ................................................................................... 2 5 ,7 1 1 " 1 3 " 6 “ 6

[V ol, LXVII.

1898.
-L ia b ilitie s —
#
C o m m o n S t o c k o u t s t a n d i n g ............. 6 ,1 9 7 .8 0 0
P r e f e - r e d s t o c k o u t s t a n d i n g .......... 5 , 8 3 0 .7 0 0
B 'd s .V o a r tr. n o t e s ( s e e .S r i -'r .) . . . 2 1 , 1 3 5 , 0 1 4
l o t , d i v , r e n t a ls , t a x e s . A c ............
5 9 2 ,1 7 7
P a y -r o lls , v o u c h e r s , A c .......................
4 0 5 ,7 3 3
B o n n ( a d v a n c e o n p r o p e r t y ) .....................................
E q u ip m e n t r e p l a c e m e n t f u n d .................................
O t h e r l i a b i l i t i e s ...............................................................
I n<cho-1m6e% a c c o u n t ....................................... 1 ,3 0 8 ,0 5 1
T o t a l l ia b il i t i e s ............................... . 3 5 ,5 2 9 , 7 7 5
— V . 67 , p . 176.

1897.
$
6 , 1 » 7,8 0 0
-1 ,3 8 0 ,7 0 0
2 0 ,9 1 1 ,1 6 4
4 3 0 .5 9 5
S 6 6 ,o 0 7
...............
5 1 ,7 4 0
1 7 0 ,2 9 6
1 ,6 5 7 ,4 4 9
3 4 ,6 1 9 ,1 1 7

1896.
$|
6 .1 9 7 ,8 0 0
4 ,8 3 0 , 7 0 0
1 9 .1 5 4 , 0 0 0
3 9 5 ,8 9 5
3 0 4 ,7 6 5
1 5 0 ,0 0 0
2 2 2 .1 5 7
3 0 7 ,2 5 5
1 ,5 2 9 ,5 9 4
3 2 , 0 9 2 ,1 6 6

Wisconsin Central Company.

•Of the Increase In cost of transportation $10,207 was caused by in­
C A d v a n c e s ta te m e n t f o r th e y e a r e n d in g J u n e SO, 189S.J
creased cost ot coal for locomotives.
The Chronicle has been favored with the following ad­
It will bo noticed that taxes were over 5 per cent of the vance statement:
entire receipts of the company and 33 per cent, of all re­
.-------- ------------------- T e a r ------------------------------,
1 8 9 7 -9 8 .
1 8 9 6 -9 7 ,
1 8 9 5 -9 6 .
ceipts after paying operating expenses and fixed charges.
r o s s e a r n i n g s .......................................... .$ 4 ,9 3 9 ,7 2 5 $ 4 , 1 7 9 ,9 7 1 $ 4 , 3 9 9 , 5 1 1
There was an increase in freight receipts o f $364,313, equal G
O p e r a t in g e x p e n s e s ............................... 3 ,0 2 0 ,8 0 6
2 ,7 7 -1 ,1 9 5
3 ,0 0 8 ,3 1 7
to 8'-19 per cent. The number of tons carried one mile in­ T a x e s ..............................................................
1 6 5 ,4 6 3
1 6 0 ,2 1 0
1 5 0 ,3 5 3
creased 7-SO per cent, but, the average rate received per ton
N e t e a r n i n g s ..................................... $ 1 ,7 5 3 , 4 5 0 $ 1 , 2 4 5 , 5 6 5 $ 1 , 2 4 0 , 8 4 0
per mile was 5-12 mills, against 5'9 mills last year.
O t h e r I n c o m e . . ..................................... .
1 5 4 .4 1 0
1 5 6 ,7 4 5
2 5 1 ,1 6 1
p h y s i c a l C o n d i t io n .—Of the new track acquired and built
in the previous year, 51 miles has been ballasted with gravel
T o t a l I n c o m e ......................................$ 1 ,9 0 7 ,8 6 0 $ 1 , 1 0 2 , 3 1 0 $ 1 , 4 9 2 , 0 0 1
and 5 33 additional miles of sidings constructed. The bal­ —V . 6 7 , p. 2 7 6 .
ance of this property is being ballasted as rapidly as possi­
Rio Grande Western Railway.
ble. The physical condition of the road has been kept at a
( R e p o r t f o r th e y e a r e n d in g J u n e 3 0 , 1S9S.J
high standard. The sum of $303,000 has been charged to
The following statement of earnings and expenses for the
profit and loss on account of the depreciation of equipment,
which was on hand at the time of the consolidation in 1887, late fiscal year has been compiled for the Chronicle:
1 8 9 7 -8 .
1 8 9 8 -7 .
1 8 9 5 -6 .
1 8 9 4 -5 .
and carried on our books at cost. Other facts of interest ap­
$
$
$
$
pear in the following :
G r o s s e a r n i n g s ......................3 , 3 6 2 ,2 8 4 2 ,4 6 8 , 5 0 4 2 ,4 5 7 ,3 5 9 2 , 1 8 9 ,6 9 1
2 1 - 0 3 m il e s o f n e w e i g h t y - p o u n d s t e e l r a i l w a s l a id , d i s p l a c i n g
l i g h t e r s t e e l; 1 , 3 9 1 lin e a l f e e t o f t im b e r t r e s t l e s w o r e r e p l a c e d b y
s t e e l g i r d e r s , a r c h c u l v e r t , o r e m b a n k m e n t . T h e lust, w o o d e n s p a n
b r i d g e o n t h e m a in l in e — a 1 1 1 - f o o t H o w e tr u s s , w it h t r e s t l e a p ­
p r o a c h e s —is n o w b e i n g s u p e r s e d e d b y t h r e e 6 0 - f o o t d e c k g i r d e r s p a n s
o f s t e e l. T w o n e w i n t e r l o c k i n g p l a n t s h a v e b e e n e r e c t e d . A s id e
t r a c k l e a d i n g t o t h e S o l d i e r s 'H o m e a t L a n v in -.., I l l i n o i s , w a s b u i l t ,
a n d n e w m in e t r a c k s a t C l i n t o n , C o a l B l u f f a n d L e a t l i e r w o o d , a g g r e ­
g a t e 8 -;i6 m il e s
A r e s e r v o i r w a s c o n s t r u c t e d a t a o u s t o f $ 2 ,5 0 0 a t
V i l l a G r o v e , o n t h e S t. G o a ls d i v i s i o n .

JS'eic S to c k ,—In

accordance with its articles of consolida­
tion, this company is authorized to issue $10,000 of preferred
stock and $15,0 0 of common stock per mile of subse­
quently acquired road.
In compliance therewith it has
issued," since the Iasi report, $1,221,800 o f preferred stock,
and $1,832,700 of common stock, on account of 122'18 miles
of main line south of Shelbyville, Illinois, for which no stock
had heretofore been issued. Thi3 stock is held in the treas­
ury with the exception of $1,000,000 of preferred stock,
which has been sold and the proceeds expended in general
improvements of the property, including the substitution of
steel for wooden bridges, the improvement of the newlyacquired property, application of air brakes and other stand­
ard appliances required by the Inter-State Commerce Com­
mission, and the payment of car trust notes assumed in the
purchase of the Chicago Paducah & Memphis Railroad.
S t a t is t ic s . —Operations, earnings and charges are shown
below for four years :
1896-97.

1895 9 6 .

1894-95.

M il e s o p e r a t e d ...........
6-18
64$
522
522
O p e r a ti o n s —
P a s s . c u r r ie d , N o . . .
‘J .7 9 6 .4 fir, 3 ,0 0 5 ,4 5 6
3 , 6 0 5 ,4 2 1
3 ,1 9 5 ,6 3 4
P a s s . c a r . o n e m il e .. 1 4 .7 9 7 ,7 7 0 4 1 ,2 8 0 ,6 9 3 4 7 ,3 6 1 5 1 6 4 3 ,2 8 1 ,6 0 4
R a t e p e r m is s .p e r m .
1 -56 e t s .
1 -5 3 ota .
1-54 e l s .
p a lle ts .
Kr’ g h t t t n .ir ) o a r r 'd . .
4 ,7 8 1 375
1 5 8 2 ,6 6 8
4 ,1 3 7 .2 9 0
3 ,7 8 2 ,8 9 6
F r V b t U n iis iv u r . 1 m . 6 6 i>, 1 4 3 ,1 0 8 6 1 2 ,3 6 8 ,:M 5 5 8 3 ,^ 0 8 ,7 9 2 4 8 8 .6 3 8 ,0 8 3
B a te p er to n per m .
O o lg c t s .
0 -5 0 9 o ts .
0 -5 I e t s .
0 -5 9 etg.
E a r n in g s—
*
•a
*
P a s s e n g e r s ..................
7 0 0 ,3 1 3
6 7 7 ,2 6 2
7 2 7 .4 1 4 .
6 8 7 .2 0 9
3 370,10*2
F r e i g h t ...........................
8 , 1 1 5 ,1 1 6
3 ,1 5 1 ,6 1 2
2 ,8 7 6 ,2 3 4
1 3 2 ,5 6 8
1 3 2 ,6 3 3
1 3 5 ,2 3 2
M a i l, e x p r e s s , e t c . . .
1 0 4 ,4 2 0
T o t a l ........................
E xp en ses—
M a i n .o f w a y <fcstruc.
M a in , o f e q u i p m e n t .
C 'o n d . t r a u s p o r t a l 'n .
G e n e ra l e x p e n s e s ...
T a x e s ................. ..............

•1,221,438

3 , 9 2 7 ,6 1 0

• 1,0 14,6 24

3 ,6 6 7 ,8 6 9

3 7 8 ,9 8 3
4 0 0 ,7 1 7
1 ,4 0 8 ,1 5 3
1 2 7 ,1 5 1
2 1 4 ,6 2 8

3 2 6 ,3 5 2
1 3 0 .5 7 6
1 ,3 4 3 ,8 7 7
1 3 2 .2 2 6
1 8 8 ,8 8 4

3 1 5 .9 1 6
4 4 6 ,4 4 0
1 ,3 5 7 .5 7 3
1 2 8 ,3 3 2
1 8 5 ,6 2 7

3 0 3 ,0 8 9
4 8 7 ,3 8 2
1 ,4 2 6 ,3 0 5
1 1 7 ,9 4 0
1 7 3 ,5 5 6

T o ta l e x p e n s e s ..
N e t e a r n i n g s ...............

2 ,4 3 3 $ 8 8
1 ,5 8 0 ,7 3 6
60*82

2 ,5 0 8 ,3 7 1
1 ,1 5 9 ,4 9 8
6 8 -3 8

1 8 9 5 -6 .

R e c e ip t * —
N e t e a r n i n g s ................
O t h e r I n c o m e . . ...........

2 .6 1 0 ,6 3 2
2 ,1 2 3 ,0 1 5
1 ,5 0 3 ,6 9 5
1 , 6 0 1 ,8 0 6
6205
6 1 -7 1
INCOME ACCOUNT.
1 8 9 7 -8
1 8 0 0 -7 .
*
$
1 ,6 0 1 .8 0 6
1 ,5 0 3 .0 9 5
1 6 6 ,2 8 6
1 5 7 ,7 1 2

1 ,5 8 0 ,7 3 6
1 5 4 ,6 4 4

1 8 9 4 -5 .
$
1 ,1 5 9 ,4 9 8
1 6 9 ,6 5 3

T o t a l .........................
D e d u c t—
I n t e r e s t on b o n d s .* .
R e n t a l s ...........................
6 p , c . o n p r e fc s t o c k
2 1* p . e . o n c o m . » t 'k .

1 ,7 6 8 ,0 9 2

1 ,6 0 1 ,1 0 7

1 ,7 3 5 ,3 8 0

1 ,3 2 9 ,1 5 1

1 .0 8 3 ,0 5 2
2 2 9 ,0 5 1
2 8 0 .8 4 2
1 5 4 ,0 1 3

1 ,0 0 2 ,5 5 3
2 1 1 ,1 5 6
2 8 9 ,8 4 2

0 6 8 ,0 0 5
2 3 4 ,1 7 8
2 8 0 ,8 4 2
...............

9 6 2 ,0 0 1
2 3 4 ,0 5 0
2 8 9 .8 4 2

1 ,7 5 7 ,4 9 0

1 ,5 3 3 ,5 5 1

1 ,4 9 3 ,3 1 5

T e r c t. e x p . t o earn s.

........

.JUNK 30.

1898.

$

Assets—

R o a d a m i e q u i p m e n t ............................. 3 0 ,5 6 7 ,1 1 3
B o n d s , M o c k s a n d o t h e r i n v e s t s . . 2 , 7 4 8 ,2 5 6
S in k in g f u n d C . A E . I. H K ...............
3 2 8 ,5 9 1
S i n k i n g f u n d a * w. i . K t : ..............
3 0 8 ,7 5 7
B i l ls a n d a c c o u n t s r e c e i v a b l e .........
3 2 4 ,5 4 0
M a t e r ia ls a n d s u p p l i e s ........................
1 9 0 ,1 4 3
O t h e r c a s h a s s e t s ...................................
3 6 6 ,0 0 0
............................................................. - .............................

T o ta l a ssets.

6!
,3 5 ,5 2 9 ,7 7 5

1897.

S u r p lu s .................................
— V. 66, p. 1090.

2 3 1 ,1 1 1

1 , 1 9 9 .3 9 7

1 ,4 4 6 ,2 4 3

8 6 3 ,9 6 0
7 3 2 ,0 8 9
...............

9 5 7 ,9 6 2
7 1 6 .5 2 4

7 4 3 ,4 4 $
7 0 3 ,1 8 5

1 3 1 ,3 7 1

2 4 1 ,4 3 8

4 0 ,2 6 3

Kansas City Fort Scott & Memphis Railroad.
("R esu lts f o r y e a r e n d in g J u n e 3 0 , IS O S .)

The following is a c o m b in e d statement for the year ended
June 30, 1898, of the company and its associated lines—the
Kansas City Olinlon & Springfield Ry. Co. and the Current
River RR. Co.
1898,
8
G r o s s e a r n in g s ......................... 5 ,0 * 3 ,3 7 2
O p e r a t in g e x p e n s e s ........ 3 , 5 0 9 ,3 7
E x p e n s e s p . e. o f e a r n i n g s . <09*03)

1897.
$
4 ,6 1 3 , 4 5 4
3 ,1 6 0 ,0 9 5
(6 8 -4 9 )

1896.
$
4 ,5 3 3 ,6 7 0
3 , 1 2 4 ,9 4 6
<68 8 6 )

1895.
$
4 , 5 4 2 .1 6 3
3 ,1 3 2 ,1 6 6
(6 8 -9 6 )

N e t e a r n i n g s ......................1 ,5 7 -1 ,0 0 5
C h arges—

1 ,4 5 3 ,3 5 9

1 ,4 1 3 ,7 3 3

1 , 4 0 9 ,9 9 7

Miscellaneous int. paid.

B o n d and n o te in t e r e s t .. |
S in k in g f u n d s ..................... ) 1 ,4 1 6 ,2 7 2
T r a f f ic c o n t r a c t K . C . [
M . & B . R R . C o ...............

2 5 ,1 0 0
2 3 ,1 8 4
|r
| 1 ,8 2 6 ,5 8 1 . . 1 ,2 8 8 * 3 5 5
1 ,4 0 3 ,0 2 6 1
2 6 ,5 0 0
1 2 .0 0 0

J

T o t a l ..................................... 1 ,4 1 6 ,2 7 2
B a la n c e , s u r p lu s ..................... 1 5 7 ,7 3 3
— Y . 6 5 , p . 1 ,2 2 0 .

1
1 ,4 0 3 ,0 2 6
5 0 ,3 3 3

1 5,714-

1 7 ,7 1 9

1 ,3 9 0 ,9 3 3
2 2 ,8 0 0

1 ,3 4 3 .1 7 4
6 0 ,8 2 3

("E a rn in g s f o r y e a r e n d in g J u n e SO, 1 S 9 S .)

The earnings for the late fiscal year compare with previous
years as below. Interest on the" income bonds for the past
year was declared this week, being 'i % per cent payable
Sept. 1, as against 2 per cent payable Sept. 1,1897.
1898.
1897.
o»
Y ea rs e n d in g J u n e 3 0 $
G r o s s e a r n i n g s . .......................... 1 , 4 0 o ,4 9 S 1 , 2 4 1 ,3 9 3
O p e r a t in g e x p e n s e s «fc taxes. 1 ,0 3 7 ,9 8 9
9 2 6 ,2 1 0

1896.

3 0 ,5 4 8 ,5 6 4
2 , 7 5 3 .8 6 4
2 9 6 ,4 6 6
2 7 4 ,2 4 3
3 0 0 ,9 3 3
1 3 3 ,1 4 4
8 2 ,0 0 0
2 2 9 ,9 0 3

2 4 1 ,7 3 5
3 1 0 ,2 6 4
1 5 0 ,0 5 9
1 5 0 ,0 9 0
1 2 0 ,7 2 5

3 4 , 6 1 9 ,1 1 7

3 2 ,0 9 2 ,1 6 0

1896.
8
1 ,1 8 9 ,6 5 1
9 6 5 ,8 9 0

1S95.
8
1 ,0 3 5 ,6 0 5
8 7 2 ,5 7 8
1 6 3 .0 2 7
5 1 7 ,7 1 8
\ 6 ,9 4 2

N e t e a r n i n g s ................
3 6 2 ,5 0 9
T r a f .g u a r .f r o m K.< 1 F .S .& M .
M is c e l la n e o u s i n c o m e . . ......... ■ * 3 1 ,2 4 8

3 1 5 ,1 8 3

2 2 3 ,7 6 1

2 5 ,7 9 0

2 5 ,7 4 9

N e t I n c o m e .............. .............
I n t e r e s t o n b o n d s .......................

3 4 0 ,9 7 3
1 9 8 ,0 8 5

2 4 9 ,5 1 0
1 7 6 ,9 6 5

1 8 7 ,6 8 7
1 4 5 ,3 1 5

B a la n c e . B u rp lu s ................... 1 9 5 ,6 7 2
1 4 2 .8 S 8
I n t e r e s t o n i n c o m e s ...( 2 i a % ) 1 5 6 ,9 2 5 < 2 % ) 1 2 6 7 4 5

7 2 ,5 4 5

4 2 ,3 7 2

B a l a n c e .......................................
—V . 6 5 , I>. 8 2 0 .

3 9 3 ,7 5 7
1 9 8 ,0 8 5

3 3 ,7 4 7

1 6 ,1 4 3

Cleveland Cincinnati Chicago & St. Louis Railway.
("R e p o rt f o r the y e a r en d in g J u n e SO, 1 S 9 S J

A comparative statement o f earnings, operating expenses,
operating cost and deductions from income for the years
ending June 30 is as follows :
E a rn in g s —

T o t a l .........................
1 ,4 8 7 ,7 0 2
B a l a n c e ...........................s u r . 1 0 , 6 0 2 e a r . 1 2 7 , 8 5 0 s u r .2 4 .2 ,0 6 5 d e f . 1 5 3 ,5 5 1
BALAN CE SH EET

1 ,6 0 4 ,5 4 4

N e t e a r n i n g s .....................1 ,2 9 4 .1 1 1
In t. ch arges, ta x es, e t c
7 3 8 .0 0 0
D i v i d e n d o n p r e f e r r e d ........ 3 2 5 ,0 0 0

Kansas City Memphis & Birmingham. IIR.

O P E R A T I O N S A N D .F I S C A L R E S U L T S .

1897 08.

O p e r a t in g e x p e n s e s ............2 , 0 6 8 ,1 7 3

F r e i g h t ..........
P a ssen ger...
M a l l . . . . ..........
E x p r e s s ...........
K e n t s ..............

1 8 9 7 -8 .
$
9 ,2 3 7 ,5 0 7
3 , 8 5 0 ,1 2 6
5 9 8 ,5 2 6
3 3 2 ,1 3 2
3 0 1 .8 0 3

1 8 9 6 -7 .

1 8 9 5 -6 .

8 ,2 5 4 ,8 7 3 8,576,700
3 ,6 6 5 ,1 9 3 4 ,0 3 5 ,3 2 6
5 8 0 ,2 7 6 )
3 3 2 ,1 7 3 S 8 4 7 ,9 8 2
2 8 4 ,5 9 6
2 5 2 ,3 1 9

1 8 9 4 -5 .
$
8 ,7 8 3 ,0 2 9
3 ,7 8 5 ,4 1 0
8 1 5 ,3 1 7
2 6 3 ,7 4 4

T o t a l e a r n i n g s .......... 1 4 ,3 2 0 , 0 9 4 1 3 ,1 1 7 ,1 1 1 1 3 ,7 1 2 ,3 2 7 1 3 ,6 4 8 ,4 0 0
O p e r a t in g e x p e n s e s ........... 9 ,9 2 1 ,0 0 7 8 ,8 9 8 ,2 6 1
9 ,3 1 7 ,8 0 4 9 , 3 6 1,0 1 5
C a r s e r v i c e ...............................
1 0 4 ,7 5 1
3 3 7 ,9 0 0
3 4 2 ,1 8 9
3 0 9 ,2 3 6
I n s u r a n c e ................................
4 4 ,4 9 2
4 8 ,8 3 8
5 1 ,6 0 1
4 1 ,5 2 3
T a x e s ........................................
5 0 8 ,1 1 8
5 7 9 ,0 6 6
5 8 2 ,1 0 9
5 3 9 ,2 7 4
T o t a l o p o r . e x p o u 9 e B .1 0 .9 0 8 .3 8 8 9 ,8 6 4 ,6 6 4 1 0 ,2 9 3 ,7 0 3 1 0 , 2 5 4 ,0 6 8
N o t e a r n i n g s ......................... 3 ,3 5 1 ,7 2 6
3 , 2 5 2 ,4 4 7 3 ,4 1 8 ,6 2 4 3 ,3 9 4 ,3 3 2
D e d u c t'n s f r o m i n c o m e —
■
.<■
I n t e r e s t o n b o n d s ............. 2 ,7 0 8 ,0 9 1
2 ,6 8 7 ,0 4 9 2 ,6 3 9 ,8 6 3 2 , 6 4 2 ,1 5 9
R e n t a l 8 ..................................
1 9 6 ,3 3 3
1 9 6 ,8 7 7
2 0 4 ,6 4 7
2 0 2 ,5 4 7
T o t . d o d u o t 'n s f r 'm l n o . 2 , 9 0 5 , 0 2 4
B a l. t o cred it, o f I n c o m e . *> 0 ,4 4 6 ,7 0 2
—V . 6 7 , p. 3 1 9 .

2 ,8 8 3 ,9 2 6
3 6 8 ,5 2 1

2 ,8 1 4 ,5 1 0
5 7 4 ,1 1 4

2 ,8 4 4 ,7 0 6
5 4 9 ,6 3 6

THE

A ugust 27, 1398.1

Peoria

&

C H R O N IC L E .

Eastern Ry.

( F o r th e y e i r e n d in g J a n e 3 0 , 1 3 9 8 .)

A comparative statement of earnings, operating expenses,
operating cost and deductions from income for years ending
June 30 is as follows:
1 8 9 7 -8 .
E a r n in g s —
F r e i g h t ................................. ................ $ 1 ,3 0 5 ,7 3 0
..................
4 7 1 ,5 1 6
P a s s e n g e r ..........................
6 2 ,9 8 9
M a i l ....................................... .................
4 0 ,7 4 0
..................
E x p r e s s ..............................
2 131
B e n t s ................................... ..................

1 8 9 6 -7 .
$ 1 ,0 9 5 ,^ 4 2
4 2 9 ,5 8 5
6 3 ,0 2 0
4 0 ,7 4 0
2 ,0 1 6

1 8 9 5 -6 .
$ 1 , 2 8 4 ,1 5 9
5 0 1 .9 9 7
7 3 ,8 7 6
4 0 ,7 4 0
1 ,5 5 3

T o t a l e a r n i n g 3 ........
O p e r a t in g e x p e n s e s . .
O a r s e r v i c e ...................... ..................
I n s u r a n c e ......................... ...............
T a x e s .................................. ..................

$ 1 , 6 3 1 ,1 0 3
$ 1 , 1 8 0 ,4 9 7
2 0 ,4 = 9
4 ,1 7 7
8 3 ,1 2 3

$ 1 , 9 0 2 ,3 2 5
$ 1 ,3 2 3 ,8 3 8
2 3 ,9 3 9
3 ,« 8 2
9 2 ,7 6 7

1 8 ,5 2 4
4 ,0 0 4
8 1 ,7 5 6

425

1 8 9 7 -8 .
E xp en ses—
$
M a in t e n a n c e o f w a v ...................... 7 3 ,6 7 2
M a in te n a n c e o f s tr u c tu re s . . .
5 ,6 8 ^
M a in t e n a n c e o f e q u i p m e n t ___
2L^96
C o n d u c t in g t r a n s p o r t a t i o n ___ 1 0 8 .6 7 1
G e n e r a l e x p e n s e s ............................. 1 9 ,0 0 7

1 8 9 6 -7 .
$
7 3 ,5 2 6
6 ,7 3 9
1 8 ,1 s t
1 1 0 ,6 1 2
2 9 ,4 2 *

1 8 9 5 -6 .
$
8 3 .2 26
1 0 ,7 3 8
2 3 ,5 1 0
1 1 7 ,4 7 0
2 0 .0 6 4

1 8 9 4 -5 .
$
5 6 ,4 * 2
8 .9 6 5
1 7 ,7 0 3
9 8 .3 3 2
2 0 ,3 2 0

T o t a l e x p e n s e s ......................... 2 2 9 ,6 3 4
N e t e a r n i n g s ............................... 1 9 7 ,6 3 0
F e : c e n t . o l o p e r a t i o n s t o e a r n s . 5 3 -7 5

2 2 9 ,7 8 9
1 7 1 ,4 4 9
5 7 -2 7

2 5 5 ,0 0 8
2 3 4 ,2 2 6
5 2 -1 2

2 3 1 ,8 0 2

INCOME ACCOUNT.
1 8 9 7 -9 8 .
N e t e a r n i n g s ...................................................$
. .. $ 119977 ,,6
6 3 00
I n t e r e s t r e c e i v e d .................. . .

1 8 9 6 -9 7 .
$ 1 7 1 ,4 4 9
2 ,9 8 9

1 8 9 5 -9 6
$ 2 3 4 ,2 2 6
1 ,3 7 6

$ 1 7 4 ,4 3 3

$ 2 3 5 ,6 0 2

$ 3 3 ,9 * 0
1 3 5 ,3 0 0
1 ,6 8 7

$ 3 1 ,5 9 4
1 3 5 ,3 0 0
2 ,0 0 2

$ 1 7 0 ,9 6 7
$ 3 ,4 7 1

$ 1 6 8 ,8 9 6
$ 6 6 ,7 0 6

1898.
A ssets—
$
. 9 ,0 2 0 .0 0 ^
H o a d a n d e q u i p m e n t .............................9
9
M a t e r ia ls a n d s u p p l i e s . ......................
4 0 ,3 3 9
9
,
7
6
s
A g e n t s a n d c o n d u c t o r s ..........
M i s c e l l a n e o u s ..............................
6 ,8 5 8
C a s h ........................................................
. 1 3 3 .2
,2 1 7

1897.
$
9 ,0 2 0 ,0 0 0
5 1 ,7 0 8
1 0 .8 7 2
2 4 8 .7 2 0
1 2 1 ,3 9 8

1896.
$
9 ,0 2 0 ,0 0 0
5 2 ,7 3 7
1 3 .9 8 5
4 4 0 ,7 0 0
9 7 ,8 7 5

Total
. 9 , 2 10 ,1 8 0
L ia b ilitie s
C a p it a l s t o c a ...................... .................4
. 4,5
, 5 '0 , 0 0 0
F i r s t m o r t g a g e g o l d b o n d s ................ 4 ,5 1 0 ,0 0 0
V o u c h e r s ..........
2 5 ,4 4 3
P a y - r o l l s ...........
1 4 ,5 3 0
F o r e ig u ro a d s
6 ,3 7 4
E q u ip m e n t r e n e w a l f u n d ...................
13,
..
1
3 .9 9 3
.
2 2 ,1 5 9
A c c r u e d t a x e s ........
9* .2 0 0
A c c r u e d in t . o u 1 s t m o r t . b o n d s . . ..
M i s c e l l a n e o u s ................................... .
3 ,5 0 7
JBal. t o c r e d i t o f p r o f i t a n d lo s s
1 3 ,9 7 4

9 ,4 5 2 ,6 9 9

9 ,6 2 5 ,2 9 7

4 ,5 1 0 ,0 0 0
4 ,5 1 0 ,0 0 0
1 3 ,0 8 4
1 5 ,2 5 6
6 .5 3 8
1 2 ,7 2 3
3 5 ,9 7 2
6 7 ,6 5 0
1 9 4 ,2 0 6
8 7 ,2 6 8

4 , 5 1 0 ,0 0 0
4 ,5 1 0 .0 0 0
1 3 ,1 8 5
1 7 ,2 6 9
3 .2 7 6
3 ,4 6 9
3 1 ,5 9 4
6 7 .6 5 0
3 8 5 .0 5 6
8 3 ,7 9 8

9 , 4 5 2 ,6 9 9

9 ,6 2 5 ,2 9 7

$ 1 ,2 S 8 ,2 5 6
$ 3 4 2 ,8 4 7

$ 1 , 4 4 1 ,4 2 5
$ 1 5 7 ,S 9 9

. .. $ 2 0 0 , 2 7 2
L ess—
. . . $ 3 3 ,1 9 7?
T a x e s . ................................................................
In te r e s t o n fu n d e d d e b t
..................
. . . 1 5 7 .8 5 0
1 ,6 3 7
I n s u r a n c e ........................................

$ 4 1 ° ,1 2 0
2 2 ,5 0 0

$ 1 1 9 ,1 2 0
2 2 ,5 0 0

. .. $ 1 9 2 , 6 8 4
S u r p lu s t o c r e d it o f p r o f i t & lc s s .
$ 7 ,5 3 8

$ 4 4 1 ,6 2 0
T o t a l d e d u c t , f r o m i n c o m e . $ 4 4 1 ,6 2 0
d e f .$ 9 S ,7 73
B a la n c e to c r e d it o f in c o m e ..s u r .$ 1 5 ,1 6 2
— Y. 63, p. 556
N e w E n g la n d R R .

$ 4 4 1 ,6 2 0
s u r .$ 1 6 ,2 7 9

T o t a l o p e r a t i n g e x p e n s e s . . $ 1 ,4 2 6 ,3 2 5
N e t e a r n i n g s .................... .................. $ 4 5 6 ,7 8 2
D e d u c t i o n s from . i n c o m e —
I n t e r e s t o n b o n d s ........ .................. $ 1 1 9 ,1 2 0
2 2 ,5 0 0
R e n t a l s ............................ ..................

( S ta tem en t f o r

th e y e a r e n d in g J a n e 3 0 , 1 8 9 8 .)

In advance of the pamphlet report, the earning3 for the
late fiscal year compare as follow s:
EARNINGS, EXPENSES, ETC.
1 8 9 7 -8 .

$

1 8 9 6 -7 .

$

1 8 9 5 -6 .

$

G r o s s e a r n in g s ........................................... 5 ,5 7 0 ,6 4 1
O p e r a t in g e x p e n s e s ............................... 4 , 2 2 7 ,9 9 6

5 .2 3 7 .1 9 0
3 , 9 9 7 ,8 7 3

5 ,9 4 4 .0 7 9
4 ,2 9 7 ,9 6 8

N e t e a r n i n g s ............ .......................... 1 ,3 4 2 ,6 4 8
O t h e r i n c o m e .................. .......................... ” 1 1 4 ,5 1 7

1 ,2 3 9 .3 1 7
8 9 ,8 4 6

1 ,6 4 6 ,1 1 1
2 5 ,0 4 5

T o t a l n e t - - ........................... - ............. 1 ,4 .5 7 ,1 6 5
1 ,3 2 9 .1 6 3
I n t e r e s t o n l a n d e d d e b t , e t c .............i
C
9 9 9 .1 7 6
R e n t a l s . . . . .....................................
^ 1 ,5 5 9 ,0 2 0 <
308 865
T a x e s ................................................................)
(
2 6 3 ,2 1 7
D e f i c i t .....................................................

1 0 1 ,8 5 5

1 .6 7 1 .1 5 6
l ,0 0 8 ,6 3 4
3 3 6 ,4 4 7
2 1 1 .0 0 0

2 4 2 ,0 9 5 s u r . 1 1 5 ,0 7 5

* I n c l u d e s n e t e a r n i n g s f r o m N o r w i c h l iu e s t e a m e r s .

2 0 0 ,9 9 6
5010

HEET JUNE 3 0 .

T o t a l l ia b il i t i e s ..........................
V . Go, p . 3 0 4 .

Brooklyn Rapid Transit Company.
COfficial S ta te m e n t a s o f J u ly S I, 1 8 9 8 .)

CONDENSED GENERAL BALANCE SHEET JUNE 30.

A t onr request President C. L. Rossiter has made the fol­
lowing statement Begarding misleading figures recently pub­
lished purporting to show the condition of the company’s
finances:
“ Confusion sometimes arises in the minds of persons look­
4 8 1 .2 0 8
2 9 6 ,3 8 9
ing at the reports o f the constituent companies comprising
1 2 7 ,6 8 5
the Rapid Transit system because of ignorance of the rela­
9 7 ,2 4 4
tions between the various companies. The Brooklyn Rapid
3 7 9 ,9 4 6
Transit Company is not a railroad company, but a business
corporation, owning the stocks and securities of street rail­
road companies. It is of course primarily dependent upon
these operating railroad companies for its revenue, but not
4 2 , 6 3 1 ,1 7 9
T o t a l .......................................................4 2 ,4 0 4 ,8 8 9
L ia b ilitie s —
wholly so. For instance, it owns the construction account
C a p it a l s t o c k ( s e e S u p p l e m e n t ) . . 2 5 , 0 0 0 , 0 0 0 2 5 ,0 0 0 .0 0 0 2 5 , 0 0 0 ,0 0 0
of the Brooklyn Heights Company against the Brooklyn City
5 ,0 0 0 .0 0 0
5 ,0 0 5 ,0 0 0
C o n s o lid a t e d m o r tg a g e b o n d s —
5 ,0 0 0 ,0 0 0
R R. Co,, payable at the termination of the lease and amount­
1 1 ,5 0 0 ,0 0 0
M o rt. d e b t N . Y .
N . E n g . R R ___ 1 1 , 5 0 0 ,0 0 0
L o a n s a n d b i ll s p a y a b l e .....................
1 0 0 ,0 0
ing on June 30th last? to $+,125,357.
Interest on this ac­
1 00 ,0 00
3 1 8 ,3 7 3
A u d it e d v o u c h e r s a n d a c c o u n t s . . .
5 7 7 ,2 0 3
3 2 7 ,3 7 3
count to the amount of $177,823 was paid by the Heights
2 8 ,-4 0
W a g e s a n d s a l a r i e s ................................
983
3 2 ,4 1 9
Company to the Rapid Transit Co. during the fiscal year,
2 7 8 ,2 4 9
N e t t r a ilic b a l ’ c e s d u e o t h e r c o m p ’ s.
2 9 2 ,2 4 4
2 5 7 ,7 1 4
and appeared in the Heights Co.’s fixed charges, to addition
3 3 0 .0 0 0
I n t e r e s t d u e J u ly 1 ................................
3 8 5 ,5 2 0
475
3 ,3 0 0
C o u p o n s n o t y e t p r e s e n t e d . .............
to this revenue the Rapid Transit Co. received $112,68+ in
6 ,1 3 4
I n t e r e s t o n r e a l e s t a t e m o r t s ., e t c .
interest
on securities owned by it. Therefore, without con­
1 5 ,0 0 0
I n t e r e s t a c c r u e d .......................................
5 1 6 ,1 2 5
3 3 ,9 8 4
sidering the net profits of the operating companies at all it
1 2 .8 9 4
O t h e r i n t e r e s t a n d r e n t a l s ................
X 1 2 ,0 2 5
2 8 2 ,8 5 6
C r e d i t b a l a n c e s .........................................
had as a credit to its own interest charges on Brooklyn
7 ,3 2 6
P r o f it a n d lo s s , s u r p l u s .....................
Rapid Transit Bonds $290,307, while the interest charges on
the B. R, T. bonds were only $310,750, leaving $20,4+3 to be
T o t a l ....................................................... 4 2 ,4 0 4 ,8 8 9 4 2 , 6 3 1 ,1 7 9 3 1 ,3 8 7 ,4 7 2
required for this purpose from the net profits of the operat­
- V . 67 , p . 126.
ing companies. As a matter of fact the operating companies
Rio Grande Southern Railroad.
made net profits of $186,000, part of which was charged off
on account o f old damage claims accruing in previous years,
( R e p o r t f o r fiscal y e a r en d ed J u n e SO, 1898).
another part of which was turned over to the Brooklyn
President E. T. Jeffery says :
Rapid Transit Co., and the remainder of which was retained
E a r n in g s .— “ F o r t h e fir s t f iv e m o n t h s o f t h e f is c a l y e a r t r a ffic w a s
by the operating companies. The surplus to the credit of
l i g h t e r t h a n f o r th e c o r r e s p o n d i n g p e r i o d o f t h e fis c a l y e a r w h ic h
the Brooklyn Rapid .Transit Company’s income account for
e n d e d .Tune 3 0 , 1 8 9 7 . a n d t h e in d i c a t i o n s w e r e n o t v e r y e n c o u r a g i n g ,
that year was something over $70,000.
h u t c o m m e n c i n g w it h D e c e m b e r a n i m p r o v e m e n t s e t in w h ic h c o n ­
t i n u e d t o t h e c l o s e o f t h e y e a r , s o t h a t t h e r e v e n u e o f th e c o m p a n y
“ These figures were based mostly upon operation prior to
f r o m t r a ffic w a s , a s a l r e a d y s t a t e d , 6 5 p e r c e n t m o r e t h a n f o r t h e
the crossing of the bridge and prior to the opening of new
p r e v i o u s y e a r . U n le s s s o m e t h in g u n f o r e s e e n h a p p e n s , in c r e a s e s m a y
lines like that to Coney Island, both of which ventures have
b e e x p e c t e d d u r i n g t h e e n s u i n g s i x m o n t h s c o m p a r e d w it h t h e c o r r e s ­
been exceedingly profitable. Moreover, since the close of
p o n d in g s i x m o n t h s o f 1 8 9 7 .”
S e ttle m e n t w ith D e n v e r di R io G r a n d e .—O n J a n u a r y 1 , 1 8 9 8 , t h e
the fiscal year the company has disposed of $2,000,000 out of
c o n t r a c t o f F e b r u a r y 2 7 , 1 8 9 5 , w it h t h e D e n v e r & R i o G r a n d e R R .
the $3,255,000 Brooklyn Queens County & Suburban first
C o . , w h e r e b y i t g u a r a n t e e d th e n o t e s o f t h e R i o G r a n d e S o u t h e r n
consolidated mortgage bonds which it owned, at a price
C o . c o v e r i n g its f lo a t in g in d e b t e d n e s s , m a t u r e d , a n d tlie fin a l p a y ­
m e n t s w e r e m a d e t h e r e o n b y t h e D e n v e r & R io G r a n d e C o ., a n d t h e
which has enabled it to pay off all the debt incurred on ac­
R i o G r a n d e S o u t h e r n C o ., a s r e q u i r e d b y t h e c o n t r a c t , p a id o v e r to
count of the purchase of those bonds and to net a profit to
th e D e n v e r & R io G ra n d e C o. th e a m o u n t s ta n d in g to th e c r e d it o f
the
company of about $240,000, so that in its balance sheet
p r o f i t a n d l o s s D e c . 3 1 , 1 8 9 7 , a m o u n t i n g t o $ 8 3 ,2 3 8 . Y o u r c o m p a n y
of July 81st the company does not show a dollar of indebted­
Is n o w f r e e f r o m f lo a t i n g d e b t , a ll its b ills w e r e p a i d a t t h e c lo s e o f t h e
f is c a l y e a r e x c e p t th e m o n t h o f J u n e , w h ic h w e r e p a id d u r i n g th e
ness other than its bonded indebtedness, and has a surplus to
s u c c e e d i n g m o n t h in t h e u s u a l w a y , a n d t h e r e w a s a b a l a n c e s t a n d i n g
its credit of $368,000. The value of the new extensions of
t o t h e ci e d i t o f p r o f it a n d l o s s o n J u a c 3 0 o f n e a r l y .$ 1 4 ,0 0 0 .
the company in increasing the revenue has been shown very
T i c s — D u r in g th e y e a r 7 7 , 6 0 0 c ro sB t ie s w e r e u s e d , b e in g 2 3 ,2 3 1
m o r e th a n in th e p r e v i o u s y e a r , a n d 5 5 , 5 7 « a d d it i o n a l t ie s w o r e r e ­
clearly m the earnings since March 1st, which have shown
c e i v e d a n d p a id f o r , a n d w il l b e p l a c e d in t h e t r a c k b e f o r e n e x t w in t e r .
an increase to date of nearly $100,000, or over 14 per cent.
The earninga and expenses, and the charges, and the bal During the last three months our increase has been nearly
auce sheet for two years, were as follows.
20 per cent.
“ While all of this very high rate of increase is not likely
EARNINGS AND EXPENSES.
to be maintained during the year, on account of the Coney
1 8 9 4 -5 .
1 8 9 7 -8 .
1 8 9 6 -7 .
Island business dropping off in cool weather, yet the increase
Earnings—
$
$
$
of over Sl.OOO a day which we had prior to the beginning of
3 1 0 ,0 0 0
F r e i g h t ................................................... 3 2 6 ,1 2 4
2 9 2 ,3 8 3
3 7 7 ,3 3 2
9 2 ,4 8 3
P a s s e n g e r ............................................
6 5 ,4 3 4
7 4 ,0 5 4
7 4 ,2 8 3
the Coney Island season and prior to the beginning of opera­
1 0 ,3 1 5
3 7 ,6 1 9
E x p r e s s , m a ils , m is . a n d r e n t s . 3 5 .7 0 6
3 4 ,8 0 2
tion over the bridge, together with the steady increase re­
sulting from operations over the bridge will make a very
4 0 2 ,7 9 8
4 2 7 ,2 6 4
4 0 1 ,2 3 9
4 8 9 .2 3 4
Total earnings.

1898.
A ssets—
$
C o s t o f r o a d a n d e q u i p m e n t ............ 2: ,2 6 0 ,5 0 4
U n d e r ly in g lie n s N Y . <fc N. E . R I M ,5 0 0 ,0 0 0
5 0 0 ,2 5 6
C a s h .................................................................
D u e fro m a g e n ts a n d c o n d u c t o r * ..
8 0 ,8 6 9
2 10,881
D u e f r o m c o m p a n i e s a u d I n d iv id 's .
7 6 .1 4 6
N e t tr a llie b a l 's d u e f r o m o t h e r c o ’ s.
4 5 8 ,5 8 5
M a t e r ia l s a n d s u p p l i e s ........................
0 5 0 ,0 0 0
S t o c k s a n d b o n d s o f o t h e r c o ’ s ___
Exjk ndlturee andiet rlbutod..........
3 3 7 ,6 4 8
P r o f i t a n d l o s s , d e f i c i t ...........................

1897.
$
2 7 ,7 6 8 .1 7 2
1 1 ,5 0 0 ,0 0 0
9 0 4 ,3 1 6
2 1 8 .2 5 8
10S.X 5H
6 4 .1 4 7
3 6 9 . s |o
l ,3 3 3 0 0 0
1 2 9 ,5 9 4
2 3 4 ,9 9 6

1896.
$
3 0 ,0 0 5 ,0 0 0

THE

42 6

C H R O N IC L E .

substantial showing-, so that the average increase for the
entire fiscal year will probably be somewhere between 10 and
20 per cent.
“ W e eonld have made very much more favorable reports
had we not nudertaken to maintain onr track aud equipment
in the very best possible manner. We expended during the
last fiscal year for maintenance of equipment alone over
$137,000, all of which was charged into operating expenses,
and much of the work thus done was work which might
properly have been charged against betterments if we had
merely desired to make a good showing in onr operating
statements. My relations with the persons representing the
largest interests in the company have convinced me that they
are in the company to stay, to build up the property, and to
put it in a condition where it will have the most substantial
and permanent prosperity. Certainly that is their policy as
it has been outlined to me, and that is the policy under which
the system is being operated.
“ The income account of the company for the last fiscal
year showed a surplus of $70,30$. For the first seven months,
however, of the present calendar year the income account
is as follows:
ST A T E M E N T O F B R O O K L Y N K A M I ) T R A N S IT F O R
endixo .ict.v 3 t , 1898.

R ec e ip ts —
In terest
on
s e c u r it i e s
o w n e d a n d o n e q u i t y in
B 'k l y n C it y c o n s t , » c o . $ 1 6 6 , 4 9 9
B . H . B i t . C o . n e t p r o d s . 1 0 0 ,0 0 0
P r o tit o n p u r c h a s e a n d
s a le o f B .Q .C .& S .b o n d g . 2 3 9 .4 3 3
T o t a l ................................... $ 5 0 5 ,9 3 2

SE V E N

MONTHS

D e d u c tio n s —
I n t e r e s t o u m o r t . b o n d s . . $ 1 8 9 ,5 0 4
4 2 ,6 3 0
I n t e r e s t o n l o a n s . ..............
T a x e s ..........................................
6 ,8 8 1
E x p e n s e a c c o u n t s ...............
3 ,4 8 9
S u r p l u s ...................................... 2 6 3 ,4 2 8
T o t a l ..................................$ 5 0 5 ,9 3 2

“ To the above surplus of $363,438 it would be fair to add
the surplns of the operating companies not turned over to
the Brooklyn Rapid Transit Co, during said period, namely,
$35,591, making a total surplus for the period, if all of it had
been turned over to the Brooklyn Rapid Transit Co., of
$299,019.
"The combined statement of the operating companies for
the seven months of the present calendar year, and also for
the fiscal year ending June 30, is as follows :

rvoi.. L x v i r

American Telephone & Telegraph.—American Bell Tele|phone.—In c re a se o f S to c k . —The stockholders of the American
Telephone & Telegraph Co., the company controlled by the
American Bell Telephone Co , and owning that company's
long-distance telephone system, will vote Sept. S upon a
proposition to increase the capital stock from $30,000,000 to
$25,000,000.—V, 67, p. 72,

Appleton( Wise.) Water-Works Co.—New England WaterW orks. -D iffic u lt!/ A b o u t R e c e iv e r s h ip . —Hermau Erb, cash­
ier of the First National Bank of Appleton, was recently ap­
pointed under a bill filed by the Central Trust Co, receiver
of the Appleton Water-Works Co. in the United States Court,
while J. M. Baer, also of Appleton, was appointed in the
Ontagamie County Circuit Court, under a creditor’s bill.
Before either receiver eonld take possession, however, the
New England Co. seized the plant under a tax title.
Both receivers and the New England Co. have now been
ordered to appear before Judge Seaman in the United States
Court on Aug. 29 to determine which of the parties is right,
fully entitled to the possession of the property.—V. 67, p. 221Astoria & Columbia River RR.— C o n tr a c to r ’s S u i t .—
Suit has been brought at Seattle by three contractors against
the Northwest Construction Co., Astoria & Columbia River
Railroad Co. and Central Trust Go. of New York, for $241,488, and $15,000 attorneys’ fees. The principal amount is
claimed to be the balance due for materials supplied and
labor performed in the building of the road. The Central
Trust Co, is trustee under a mortgage the lien of which the
plaintiffs asks the court to hold inferior to the lien of plain­
tiffs.—V. 66, p. 1000.

Atlantic Snwanee R iver & Gulf R y .— S a le o f B o n d s .—Of
this company’s first mortgage 5 per cent 50-year sinking fund
gold bonds due Jan. 15, 1945, interest payable January 15
and July 15, $101,000 were sold at auction this week, due
July 15, 1898, with coupons attached, for 5 per cent of their
par value.
Atelusou Topeka & Sauta Ee Ry.—California & Oriental
Steamship Co.—S te a m s h ip L i n e to C h in a a n d J a p a n . —In
accordance with the announcement already made, the Atchi­
C O M B IN E D STATEM EN TS O F T U E O P E R A T IN G CO M PAN IES.
■—1 m o s . e n d . J u l y 3 1 .—, /—F i s .u r .e n d . J u n e S O .-^ son Topeka & Santa Fe has entered into a close traffic con­
tract, covering both freight and passenger business, with the
1898.
1 8 :-7 .
1898.
1897.
G r o s s e a r n i n g s ............ $ 3 , 4 4 2 ,1 6 5 $ 3 , 0 7 0 ,4 3 7 $ 5 ,6 7 5 ,7 6 6 8 5 , 3 1 8 ,1 2 8
California & Oriental Steamship Co,, a new American corpo­
O p e r a t in g e x p e n s e s . . 2 ,1 7 3 ,2 7 1
1 .9 4 6 ,5 3 0
3 ,5 6 7 ,3 0 8
3 ,3 8 2 ,2 8 3
ration with a capital of $5,000,000, Sailings will be made
every 25 days from San Diego for Yokohama and Hong Kong,
N v t e a r n i n g s ........ $ 1 , 2 6 8 , 8 9 4 $ 1 , 1 2 3 ,9 0 7 $ 2 , 1 0 8 ,4 5 8 $ 1 ,9 3 5 ,8 4 5
O t h e r i n c o m e , T..........
9 4 ,7 6 1
1 0 6 ,3 0 3
1 8 5 ,4 5 9
1 8 4 ,8 8 4
touching at Honolulu. The officers of the steamship com ­
pany are: A. H. Butler, of San Diego, President; M. Stanley
N e t I n c o m e ............ $ 1 , 3 6 3 , 6 5 5 $ 1 ,2 3 0 , 2 1 0 $ 2 , 2 9 3 , 9 1 7 $ 2 ,1 2 0 ,7 2 9
Tweedie, of the Tweedie Trading Co , New York. Vice Presi­
P l x e d c h a r g e s .............. 1 ,2 2 3 ,0 6 4
1 ,2 0 7 ,0 4 0
2 ,1 0 7 ,0 5 6
2 ,0 6 3 ,3 5 1
dent; L. B. Stoddart, of the firm of Bowring & Archibald,
S u r p l u s ...................... $ 1 3 5 ,5 9 1
$ 2 3 ,1 7 0
$ 1 8 6 ,8 6 1
$ 5 7 ,3 7 8
steamship agents, 9 Stone Street, New York, Treasurer. The
“ The foregoing shows that for the seven months ending July company has one boat ready for service and is arranging to
31, 1898, the increase in gross earnings as compared with the purchase in England two fast freight and passenger ves­
same period of the previous year was $371,728: the increase in sels.—Y. 67, p. 271.
the net earnings for the seven months was $144,987, and the
Baltimore & Ohio RR.—S e co n d I n s ta lm e n t o f A s s e s s
increase in the surplus over all fixed charges $113,421.”
m e n ts P a y a b le o n o r b e fo r e S e p t. 9 .—The reorganization com­
B A L A N C E SH E E T OP B R O O K L Y N RAPID T R A N S IT C O . J U L Y 31, 1898.
mittee has called for the second instalment, being $1 per
A s sets—
L ia b ilitie s —
share of first preferred stock deposited, and $10 per share of
I n v e s t m e n t a c c o u n t . . $ 2 2 , 3 3 0 , 2 9 3 C a p it a l s t o c k ................... $ 2 0 ,0 0 0 ,0 0 0
second preferred stock and common stock, payable on or
T r e a s u r y b o n d s ........ ..
4 1 7 ,0 0 0 M o r t g a g e b o n d s ........................................ 7 ,0 0 0 ,0 0 0
.....................
1 4 ,0 0 0 before Sept. 9, at the Mercantile Trust Co. of New York.'
B . Q. C. & 8 . b o n d s . . . .
2 5 5 ,0 0 0 C o u p o n s .
A r e n a 'l l i n t e r e s t o n
B . 0 . R R . C o. c o n ­
S a le o f P r e fe r r e d S t o c k . —It is understood the Eutaw Sav­
b o n d s ............................
1 0 9 ,7 1 7
s tr u c tio n a c c o u n t ...
4 , 1 7 5 ,3 5 7
ings Bank and the Savings Bank of Baltimore, the largest
S ea V ie w R R . C o. s to c k
V o u c h e r s ...........................
390
individual holders of the second preferred stock, have sold
aD d b o n d s ......................
5 3 ,4 2 6 S e a B e a c h R y . c o n ­
S ea B r a c k B y . s t o c k ..
1
t r a c t .................................
1 their holdings for a sash consideration, $22a share being men­
C a s h .....................................
4 8 ,3 8 5 T a x e s ...................................
8 ,c O I
tioned as the price, to Speyer & Co., of New York, represent­
C o u p o n d e p o s i t ...........
7 ,5 7 5 P r o t i t a n d l o s s s u r ­
ing the reorganization syndicate.
p l u s ...................................
3 6 8 ,6 7 6
In t e r e s t r e c e iv a b le ....
1 9 ,2 6 6
2 3 ,0 0 0
D e w F r e i g h t C a r s . — Within the past 60 days the
B i l l s r e c e i v a b l e ..............
1 9 0 ,0 0 0
In d iv id u a ls a n d C o s ..
4 ,9 8 2 !
receivers have ordered almost 6,000 new freight car3, of
which the Pullman Company is building 1,000 box and 1,000
T o t a l ............................$ 2 7 ,£ 0 1 ,2 8 5
$ 2 7 ,5 0 1 ,2 8 5
drop-end gondolas: the Michigan Peninsular 3,000 box cars,
N o t e .—A s e x p l a i n i n g th e a b o v e b a l a n c e s h e e t , t h e f o l l o w i n g f a c t s
and the South Baltimore Car Works 200 box cars, 500 Hopper
a l r e a d y In p a r t r e f e r r e d t o a b o v e a r e a p p e n d e d : T h e p r o p e r t y o f t h e
R a p id T r a n s i t C o m p a n y i n c lu d e s (1) t h e le a s e o f t h e B r o o k l y n C it y
coal cars and 15 four-wheel cabooses, makiug a total o f
R R ., (2) t h e e n t i r e c a p i t a l s t o c k s o f t h e B r o o k l y n H e ig h t s R R . ($ 2 0 0 ,- 23,735 freight cars ordered in less than two years.
These
0 0 0 ). B r o o k l y n Q u e e n s C o u n t y A S u b u r b a n R y . ( $ 2 , 0 0 0 ,0 0 0 ) , S e a B e a c h
cars are all of modern construction, are fully equipped with
R y . ( $ 6 5 0 ,0 0 0 ) a n d S ea V i e w R y . ( $ 1 9 0 ,7 5 2 ) ; (3) a g u a r a n t e e f u n d
air brakes anil automatic couplers, and average 60,000 pounds
o f $ 1 , 0 0 0 ,0 0 0 d e p o s i t e d t o s e c u r e t h e p e r f o r m a n c e b y t h e B r o o k l y n
H e ig h t s C o . o f Its c o n t r a c t w it h B r o o k l y n C it y R R . (4 ) O w n e r s h i p o f capacity.
It is estimated that fnlly 85 per cent of the B. &
t h e a c c o u n t a g a i n s t t h e B r o o k l y u C it y R R . C o . f o r i h e c o s t o f a ll e x ­
t e n s i o n s a n d im p r o v e m e n t s o n Its l i n e s , p a y a b le a t t e r m i n a t i o n o f O. freight cars have air brakes and automatic couplers in
accordance with the Inter State Law.—Y. 67, p. 369.
l e a s e a n d a m o u n t i n g J u n e 3 0 , 1 8 9 8 , t o $ 4 , 1 2 5 ,3 5 7 . (5 ) O w n e r s h i p o f
v a r io u s b o n d s o f th e r a ilr o a d co m p a n ie s c o m p r is in g th e sy s te m .
Brooklyn Elevated R R.—D ifficu lties o f P r e s e n t M e t h o d o f
BA L A N C E SHEETS O F O P E R A T IN G C O M P A N IE S JUNE 3 0 , 1 3 9 8 ,
O p e r a tio n .— The question having arisen how nearly the road
These were given fully in the C h r o n i c l e of Aug. 13, page is deriving its full benefit from the use of the New York &
817.—V. 07, p. 316, 318.
Brooklyn Bridge, we have made inquiries aud secured the
following facts :
B ridgport Traction Company.
The Brooklyn Elevated trains crossed the Bridge for the
/'S ta t e m e n t f o r th e fis c a l y e a r e n d in g J u n e SO, 1 898, J
first time on Saturday, Jnue 18, 1898. On July 1, 1898, the
Brooklyn “ L " commenced to operate the local railroad of the
The following statement has been issued:
Bridge under the contract made in June, 1898, with the Com­
1 8 9 7 -8 .
1 8 9 6 -7 ,
In c. o r P ee.
missioner of Bridges. The service during the month of June
G r o s s e a r n i n g s ..................................... $ 3 3 3 ,4 0 9
$ 3 1 8 ,9 7 4
I n o . $ 1 4 ,4 3 5
O p e r a t in g e x p e n s e s ............................ 1 7 8 ,1 8 8
1 9 1 ,1 1 7
D e f. 1 2 ,9 5 9
was only a partial service, and even to-day the service of the
Elevated is of necessity limited, and will remain so until the
N e t e a r n i n g s ..........................................$ 1 5 5 ,2 2 1
$ 1 2 7 ,8 2 7
I n c , $ 2 7 ,3 9 4
All charges.............................. 85,050
84.150 Inc. 1,800 two main lines, to wit, the Lexington Avenue division and
the Fifth Avenue division, are electrically equipped. A t
S u r p l u s ...................................................... $ 6 9 ,2 7 1
$ 4 3 ,6 7 7
l n o . $ 2 5 ,5 9 4
present the Elevated operates only the Lexington Avenue
—V. 63, p. 836.
division over the Bridge, and that only during “ rash hours,’’
viz,, on a three-minute schedule from 6 a . m. to 10 a , m, and
from 4 r. M. to 8 P. M. on week days, On Sundays in the
GENERAL IN V E ST M E N T N E W S.
summer time the Coney Island division is the only route the
Reorganizations, Etc.— D e fa u l t s , R e o r g a n i z a t i o n P la n s, cars of which cross the Bridge.
E t c .— -The usual index is omitted this week but that cov­
Passengers for the Fifth Avenue division, Ridgewood and
ering the items published to Aug. 13 inclusive, will be found Broadway divisions are given free transportation on the local
in last week’s^issue.j
railroad of the Bridge and transfer to their respective trains

AUGUST 27, i8 ‘«'8.j

THE

C H R O N IC L E .

427

at the loop station at High Street. The reason only one stockholders have the option of taking either 55 percent, in
route is operated through to New York is that it is thought the new preferred stock or 25 psr cent in the preferred and
preferable to give a full service on one line than a partial 15 per cent in cash. A new mortgage will be authorized to
service on two or more lines.
secure $8,000,000 of 5 per cent bonds, of which $7,263,000 to
The local Bridge railroad is operated at all hours of the day be reserved to provide for the existing bonds’ of the con­
and night as heretofore. The headway varies from 2 ^ stituent companies, leaving $732,000 to be issued for future
minutes in the rush hours to 4 minutes in the non-rush hours requirements. Mr. Emerson McMillin will be President of
and 6 minutes from mid night to 5 a . M. On Sundays there the consolidated company.—V. 67, p. 124.
being no rush hours the headway is 4 minutes until midnight
Buffalo Kenmore & Tonawanda E lectric Tty.— S o ld . —At
and 6 minutes thereafter until 5 a . m . Monday.
the foreclosure sale on Monday this line, 5 miles long, was
The difficulty under which the company is operating is sold to Morris Cohn for $63,147 in the company’s bonds, and
obvious. A train comes to Bridge Street drawn by a steam also it is stated the amount of the claim of the assignees
locomotive; the locomotive is detached and an electric motor $18,000.—V. 67. p. 27.
car substituted. The latter, which carries no passengers, owing
Buffalo & Susquehanna R R.—Addison & Susquehanna
to the shortness of the present electric line hauls the train to
the tilting sheaves of the Bridge where the other four cars of R R.—L e a s e .— A special meeting of the stockholders of the
the train by means of grips take the cable and are hauled to Addison & Susquehanna RR. Co. will he held Sept. 19 for the
Manhattan Borough. On returning the same operation vice purpose of considering the lease of the railroad to the Buffalo
& Susquehanna RR. Co. for the term of twenty-five years.—
v e r s a is renewed. This causes detention o f from 1 to 3
minutes each way and necessitates bringing trains to a full Y. 63, p. 1043; V. 67, p. 26.
Cambria Iron Co.—Cambria Steel Co.—Nuts C o m p a n y to
stop. In the interest of safety the management deems it
wise not to better the headway until electricity shall be fully L ea se the P r o p e r l y a n i S u p p ly A d d it io n a l C a p ita l — R ig h t
installed and every train, whether on the Bridge or along the to S u b s c r ib e .— The Cambria Steel Co., it is announced, is
routes of the Elevated, can be operated with one form of about to be organized with probably $34,0)0,009 of capital
motive power, and be under the full control of one man with stock, to lease the Cambria Iron Co. at a rental of 4 per cent,
assistants. This is stated as the chief incentive which will yearly on the Iron Company's $3,099,00) of cip itil stock.
lead to the early adoption of electricity on the roads of the The stock of the new corporation wdl be offered to the stock,
holders of the Iron Company, the instalments to be called
company.
E le c tr ic il E q u ip m e n t . —Plans are prepared and as soon as from time to time as fresh capital is required.
Vice-President John Lowber Welsh of Philadelphia is re­
formal action is taken by the directors and Reorganization
Committee contracts will be made. It is hoped to have all ported as saying:
“ The Cambria Iron Co. has been in existence nearly fiftv
the contracts awarded before Sept. 15 and the routes men­
tioned under electrical operation before the dawn of the new years, originally as a manufacturer of pig iron and iron
year. The approximate cost of the third rail bonding and rails. It now makes steel rails, structural work and mis­
wiring, the motors and electric controllers, together with the cellaneous steel work o f all kinds. It has a capital of
necessary new equipment, is estimated at $300,000, but this $3,009,000 and assets, at current low valuations, of $30.000,00).
does not provide for power house, engines and generators. The works have really outgrown the capital, owing to the
The funds for the equipment are in hand, having been pro very conservative course always pnrsuei by the managers
of not dividing all the profits, but using them for the con­
vided for in the reorganization agreement.
Power, etc., can be provided in one of two ways—first, by struction of new plants.
“ With a view of providing necessary capital it is proposed
leasing power ; second, by disposing of a part of the surplus
to form a company to be called the Cambria S;eel Co., with
securities reserved under the reorganization agreement.
The adoption of electricity will not only permit the ele­ acapitalof $34,00) 009, which will lease the Cambria Iron
vated to operate through trains of all its routes so equipped Co. at a rental of 4 per cent per anuam on the present capi­
across the Bridge at all hours, but will permit of the opera­ tal of $3,090,009, making $339,000 per year, the surplus reve­
tion of single cars or short trains in the non rush hours on nue to go to the new Cambria Steel Co. Tae shareholders
very short headway. It will also change the method of of the Cambria Iron Co. will have the privilege of sub­
illuminating cars and stations from what now is rather un­ scribing to the stock of the Cambria Steel Co. if the capital
satisfactory to most modern and approved method of light­ of the new company is fixei at $34,009,009, on the basis of
ing. With the advent of the new year it is thought the three shares of new stock for oae of the old. Tae new capi­
Brooklyn “ L ” will give full through service over the Bridge tal will be called only as required, possibly from $1,000,0'0
to $1,250,000per year, for the next four or five years.”—V.
and be an electric elevated railroad.
R e m i t o f B r i d g e C o n n e c tio n .—No figures, we believe, have 67, p. 177,
heretofore been issued to show the effect on the traffic of the
Carolina A Cumberland Gap Ry.—Southern Ry.— L ea se.
Brooklyn Elevated of the through service to New York. —The Carolina & Cumberland Gap Ry., 241^ miles in length,
From Feb. 18 to June 18, 1898, the surface lines were fur­ from E Igefield to Aiken, S. C.. has been leased by the Sonthnishing the through transportation at five cents a head, while ern Railway Co. for thirty-seven years, effective July 1, 1893,
the passengers of the Brooklyn Elevated were obliged to at a rental of $9,250 per annum, This affords the Southern
change cars and to pay two fares in order to reach Manhat­ Company an entrance into Aiken. S. C., a winter resort of
tan. Consequently the traffic of the elevated fell off heavily importance.—V. 67, p. 124, 366, 373.
durinfi' this period. On June 18 the elevated trains began to
Catskill E lectric R y.—In c r e a s e o f S to c k . —The State Rail­
use the bridge, and on July first the bridge cable railroad road Commission has authorized an increase of the company’s
passed under the control of the Brooklyn Elevated Com­ capital stock from $30,0'0 to $100,00). The road, originally
pany’s receiver. The effect of these changes, as will be seen only about two miles in length in Catskill Village, is to be
from the following table, was notable :
extended to Windham, Cairo and other villages in Greene and
B R O O K L Y N E L E V A T E D R A IL R O A D — PASSEN G E RS C A R R IE D .
adjoining counties, making a line 16 mile3 long. Daniel F.
(B rid g e s e r v ic e b ega n o n J u n e 18, 1898.]
Lewis, formerly President of the Brooklyn City Ry., is in­
M onth—
1 89 8 .
1897.
M on th —
1898.
1897.
terested in the proposed road. Louis F. Roberts is President.
J an u a ry . .
3 .0 1 1 ,3 8 5 2 ,7 8 1,39 9 M a y ..................2 .3 3 7 ,4 0 7 2.794.971
Central Fireworks Co.— A n n u a l D i v i d e n d .— The company
F e b ru a ry .
2 .5 7 1 ,2 7 7 2 ,5 7 1 ,2 8 0 .Tune................ 2 ,1 7 8 ,1 1 6 2 ,5 3 7,60 4
March......
2 ,5 1 5 ,8 2 1 2 ,8 8 2 ,1 3 5 July...............8,248,128 2 ,269,778 has declared its second annual dividend, viz., 7 per cent on
April........
2,4 1 8,50 1 2 ,8 8 2 ,0 0 4 A u g . (12 d ’y s) 1,2-19,475
900 ,48 0 the preferred stock, payable Sspt. 1, 1898. The company’s
For the month of July the gain in passengers, as compared office is corner Green and Grand streets, Jersey City. T. J.
with the same period of 1897, is 43 psr cent. For the first Scharfenberg is Treasurer.—V. 67, p, 274.
twelve days of August the gain wa3 38 per cent. Additional
Central Ohio RR.— S u it F iled a t C o lu m b u s .— George K.
points of interest affecting the property w ill be found in an Nash, as attorney for the company as reorganized, has filed
editorial article in the current issue o f the S treet R ailway an intervening petition in the United States Court at
S u p p l e m e n t , which accompanies the present number of the Columbus, O., in the case of the Mercantile Trust Co. against
Chronicle.—V. 67, p. 175.
the Baltimore & Ohio REt., to recover about S i.000,00) rental
Bell Telephone Co. o f Canada.—In c r e a s e o f S t o c k . —The alleged to b ) due it for the use of the line and rolling stock
directors, it is stated, have decided to increase the capital under the provisions of a lease executed Dec. 1, 1866. V.
66, p. 1236.
stock from $3,168 00) to $3,909,000.
Central Stamping.—C r e d ito r s ' M e e t i n g .— A t a meeting of
Brooklyn Rapid Transit.—Official E x p l a n a t i o n —At oar
request, President C. L Rossiter has made an explicit state­ the company's creditors this week Alfred R Tarner, Jr., the
assignee,
submitted a statement, showing liabilities $390,9)2
ment regarding the company’s finances. This statement, with
balance sheet, income account, etc , will be found under the and nominal assets $535,209. Of the assets, $345,633 was in
heading “ Annual Reports.” lathe carrentissue of theSTREET machinery, the balance being in merchandise, materials, out­
The live a3s3ts
R a il w a y S upplement , also, is published an editorial article standing accounts and bills receivible.
regarding the company’s increased traffic as derived from the were estimated at a’oont $340,000. The five concerns men­
line across the Brooklyn Bridge. This article, it should be tioned last week as absorbed in 1831 were acquired, it seems,
said, was in type before President Rossiter’s statement under lease and after ten years Lalance & Grssjean, the St.
reached us, and it should therefore be read in the light of Louis Stamoing Co. and Frederick Haberman & Co. with­
the new facts which Mr. Rossiter presents. We are told drew.—V. 67, p. 370,
Chicago Burlington & Q liney RR .— Sa nd s C a lle d .— F oot
the effect of the improved transportation facilities is already
seen in Beasonhurst and other suburbs of Brooklyn in the p s r cent bonds due Sept. 1, 1921, to the amount of $68,000
sudden inertase in the number of dwellings under construc­ have bsen drawn for payment and will be paid at par on
presentation to the trustee, the New England Trust Co., 85
tion.—V. 67, p. 316, 818.
City
Co.—
M erg er. Devonshire Street, Boston, on Sept. 1, 1893.—V. 67, p. 370.
Cattle
Co.
I n c o r p o r a t e d .—
been organized
Gas

Buffalo
Gas
People’s Gas of Buffalo.—
Loan
or Chicago.—
—The long pending negotiations for the merger of these Chicago
under the laws of West
companies have been concluded on the basis fully described This company has
Virginia
to
loan
money
particularly
upon live stock. The
in our Issue of July 16, page 124. The Buffalo City
Co.

428

THE

C H R O N IC L E .

capital subscribed is §300,000, paid tip §030,000, with the
privilege of increase to §3,000,000. Incorporators:
FHfL D,
i ! S w i f t , . NV
n M >rri*kL « v l II. I J > « , A n lersort V n l '
©ntiisv Frwl «rick >. \Vm *1 >w. Juim A - S|i u«r « a d A lb e r t IJ. V e o to r o J OhlofljtpWUItaakG S^w«3I o f CamtIon. N. .1 ; C h am icev M. f)opew an l W illiam 1>.
G otbrii? o f N ew Y ork City amt Nathaniel T h a yer, Fro lorlck 11. P rice . G e o rg e
H . G ardn er and W alter S. F r iu o f B o s to n .

Detroit & Lima Northern Ry.— T h r o u g h L i u ? D e t r o i t t o
Coltunbtut , —This company has put in operation its new line
from St. Johns to Peoria, Ohio, 41 miles. A t the latter point
a traffic arrangement made with the Toledo Ss Ohio Central
for Columbus gives the Detroit & Lima Northern a through
line from Detroit to Columbus. An extension from Sfc»
John’s to St. Mary's 20 miles is about completed.—V, 66, p.
610.
Detroit Utica & Romeo Ry.— AVir E n te r p r is e .—This com­
pany has been organized with a capital stock cf $100,000 to
build an electric railway connecting the towns mentioned in
the company's name. The incorporators are Alex. McYifcte.
Frank E. Kirby, Frank D Andrews, E. G-. Stevenson and
Leo M. Batzel, of Detroit; George P. Davis, of Utica.
Municipal bonuses aggregating $45,000, as also most of the
franchises and right of way, it is stated, have been secured and
it is hoped to have cars running by January 1. The motive
power will be either electricity or compressed steam.
Flour Consolidation.—P r o p o s i t i o n , —Thomas Mclutyre, of
New York City, was in Minneapolis this week to advocate
a plan for the consolidation of the Washburn Crosby,
Northwestern Consolidated Milling, and other flour making
companies of Minneapolis, Duluth and New York City.

[vot„ Lxvir.

F i n a n c i a l R e s o u r c e * .—T h e c o m p a n y h a s a v a i l a b l e w o r k i n g c a s h c a p ­
ita l o f o v e r $ i j i o o . o n t i , ivnd o f t h e a u t h o r i z e d s t o c k t h e r e r e m a in s
u n is s u e d am i c o n s e q u e n t l y s u b je c t n> i s s u e a m t s a le a t p a r 4 4 , 6 9 3
s h a r e s o f p r e f e r r e d s t o c k . 6 4 ,5 9 7 s h a r e s O f e o a it h o n n o o k a n d o f t h e
fir s t c o n s o l id at «*d m o r t g a g e 6 p e r c e n t g o l d b o n d s $ 8 2 3 ,o n » o f w h ic h ,
h o w e v e r , $ 5 0 0 *0 0 0 a r e r e s e r v e d e x p r e s s ly f o r th e p u r c h a s e o f r e a l
p rop erty .
Dtr>idcnds.-I)\vU\<sn<\* o n th e p r e f e r r e d s t o c k a r e c u m u l a t i v e a n d
p a y a b l e q u a r t e r l y in J u l y . O c t o b e r , J a u u a r y a n d A p r i l , a t t h e r a t e o f
6 p e r c e n t p<*r a n n u m . T h e t ir s t , o f l *a p e r o e u r. d u e in J u l y , w a s p a i d
J u ly i i , i s p s , o u t o f th e e a r n in g s o f th e c o m p a n y ,le a v in g a la r g e s u r ­
p lu s o f n o t e a r n in g s a v a ila b le f o r fu t u r e d iv id e n d s .
O fficers, D ir e c t o r s , etc. —T h e o U lcer* a n d d i r e c t o r s a r c :
P resident, H u sh J. C hisholm : First. V ice -P re sid e n t. A.. N. B u rb an k; S o c o n 4
V lee-P resident. W illiam P. D illon; S ecretary. W arn er M iller; Treasurer, W in .
IS. Spier.
D ir e c to rs .- HiiBh J C hisholm . A . N. Burbank, R. P. F low er, D. O M ills, T . 8 .
Cooltdge, A . P itgensteoher, II. M. K now les, F. H . Parks. W arren Curtis, G. H .
B u rleigh . W illiam A. Bussell Jr., W illia m E. Spier, W . B, D illon.
G eneral Offices o f the C om pany. N o. 30 Broad Street. New Y ork. T r a n s fe r
A g e n t, Secretary o f t he C om pany. No. 30 Broad S treet, N ew Y ork. R e g is tr a r ,
M etrop olitan Trust Co.. No. 3? W all Street, New Y ork.
S e c o n d D iv i d e n d .—A t th e a n n u a l m e e t in g a t C o r in t h , o n W e d n e s d a y ,
th e s e c o n d re g u la r q u a r t e r ly d iv id e n d o t l h p e r c e n t u p o n t h e p r e ­
f e r r e d s t o c k w a s d e c l a r e d , p a y a b le O o t. 1 .—-V . 6 7 , p . 3 7 1 .

Jasper Town & Lands.—Beaeitr.r A p p o in te d .— This Eng­
lish company, which was organized in ISJOtoacquire §400,000
of the §500,000 capital stock of the Jasper (Ada.) Land Co.
and 9,000 of the 10,000 shares of stock of the Corona Coal &
Coke Co. of Alabama, has beenplacedi athe hands of J. W.
Bnrke of Mobile, Ohio, as receiver. Charges of misrepre­
sentation and mismanagement are made against the Masgrove interests formerly in control of the property. The
company has issued 188,183 shares of ,£l each, on which 16
shillings was paid in, and also £20} founders’ sliare3. J. H.
Bartlett was recently made receiver of the Corona Coal Oo.
and his removal is sought.
Kansas City Memphis & Birmingham Ry.-—In terest on
In com es .—
The directors have declared an interest payment
of 2\.{ psr cent on the income bonds, payable Sspt. 1, at the
Merchants’ National Bank, Boston. Last year 2 per cent
was paid. The annual statement appears aider the heading
“Annual Reports.”—V. 65. p. 820.

Fnlton W all & Cortlandt Street Ferries R R .-S o l i .—
After many adjournments the foreclosure gale of this com­
pany’s franchise, etc., took place on Thursday. Joseph D.
Donald was the purchaser for $35,000 over incumbrances,
amounting to $596,276, making [total price $621,276,—V.
65, p . 1173.
Hawaiian Commercial & Sugar Co.—M eetin g O ctober 13 to
a u th o rize new st ick .—The stockholders will vote October 13
Lake Shore &Michigan Souther n.—Qnarfer^.—Mamings
on the proposition to increase the capital stock from $10,0 0,for the quarter and the six months ending June 30have been
000 to $15,000,000.—Y . 67, p. 371.
reported:
Illinois Steel—Minnesota Iron—Lorain Steel—Elgin Jol­
3 m o$ e n d ’g
G ro s s
N et
O th e r
In terest,
iet k Eastern RR.—
Chicago Lake Shore k Eastern HR.—
-tu n e 30—
e a r n in g s .
ea rn in g s,
in co m e,
t a x e s , etc.
B a la n c e .
P en d in g C on solid a tion .— T h e negotiations which have been 1 8 9 8 ............... . . $ 4 , 9 0 8 , 8 2 9 $ L ,6 1 9 ,7 7 0 $ > 6 ,1 6 7 $ 9 8 1 ,1 6 7 $ 7 3 4 , 7 7 0
1 8 9 7 ..............
4 ,8 7 8 ,6 7 3
1 ,7 5 8 ,4 1 8
1 7 ,7 1 7 1 , 0 5 2 , 7 1 7
7 2 3 ,4 1 8
pending for some time looking to a consolidation of the Illi­
6 m os —
nois Steel and the Minnesota Iron companies, it is under­ 1 8 9 7 -8 ................ 1 0 , 1 0 9 ,6 0 9 3 , 5 7 3 , 8 7 0 1 7 9 ,4 0 7 1 , 9 4 9 ,4 0 7 1 ,8 0 3 , 8 7 0
stood, have been practically completed, but no official state­ 1 8 9 6 -7 ............... 9 , 6 2 0 , 8 5 0 3 , 5 0 9 ,6 8 5 1 0 0 ,7 2 9 2 ,L 7 0 ,7 2 7 1 , 4 9 9 , 6 8 7
ment of the terms of the merger can be obtained as we go to —V . 6 6 , p . 1 2 3 7 .
NewEngland RR.—Q u a rterly. —Earnings for the quarter
press. Reports#re to the effect that the consolidated com­
pany will have a capitalization of $200,000,000, of which one- ending Jnne 30 have beenreported :
N et
O th e r
In terest
B a la n c e ,
half preferred.—V. 67, p. 371; Y. 66, p, 709; Y. 65, p. 461: Y. 3 m o n t h s c 'id - G r o s s
m g J u n e 3 0 . e a r n in g s .
e a r n in g s .
in c o m e ,
ta x e s , e tc. s u r . o r d e f .
64, p. 422.
1 8 9 8 .'............. . . $ 1 , 3 6 9 , 4 3 4
$ 3 3 7 ,1 2 4
$ 4 2 ,7 5 7
$ 3 8 6 ,5 9 4 d e f . $ 6 / 7 l 3
International Paper Co.— Official S ta tem en t .—The follow­ 1 8 9 7 ................... 1 ,3 7 6 /2 9 3
4 3 9 ,9 1 8
6 9 , 0 9 6 3 9 8 ,0 8 7 s u r . 1 1 0 ,3 2 7
ing official statement has been issued:
The figures for the fiscal year ending June30.1893, aregiven
O r g a n iz a t i o n a n d S t o c k . - T h e c o m p a n y w a s o r g a n i z e d u n d e r t h e under “Anuual Reports” on apreceding page.—V. 67, p. 123.
la w s o f th e S u ite o f N e w Y o r k . J a n . 3 1 . 1 8 9 8 . I t s a u th o r iz e d c a p it a l
s t o c k is $ 2 5 ,0 0 0 ,0 0 0 c u m u l a t iv e s i x p e r c e n t p r e f e r r e d s t o c k a n d
$ ‘2 0 ,0 0 0 ,0 0 0 c o m m o n s t o c k . T h e a m o u n t- o u t s b i n d i n g i s $ 2 0 ,5 8 0 ,7 0 0
p r e f e r r e d s t o c k a n d $ 1 3 ,0 4 0 ,4 0 0 c o m m o n s t o c k .
N a e M o r t g a g e —T h e c o m p a n y h a s m a d e a n i s s u e o f $ 1 0 ,0 0 0 ,0 0 0 llr s t
c o n s o l i d a t e d m o r t g a g e 6 p e r c e n t g o l d b o n d s , o t w h ic h , p u r s u a n t t o
t h e t e r m s o f t h e m o r t g a g e , b o n d s f o r t h e a g g r e g a t e p r i n c ip a l s u m o f
$ 1 ,3 0 1 .(>00 h a v e b e e n r e s e r v e d , a n d a r e h e l d b y t h e U n it e d S t a t e s
T r u s t C o. o f N e w Y o r k , as T ru s te e , f o r th e p u r p o s e o f p a y in g a n d r e ­
t i r i n g p r i o r l ie n s , a s s t a t e d I n t h e m o r t g a g e . T h e r e m a in d e r o f t h e
t o t a l a u t h o r i z e d is s u e , $ 8 ,6 9 9 ,0 0 0 , h a s b e e n e x e c u t e d b y t h e c o r p o r a ­
t io n , c e r t i f ie d b y t h e t r u s t e e , a n d r e t u r n e d t o t h e c o r p o r a t i o n , w h ic h
t h e r e fr o m h a s n e g o t i a t e d a n d d e l i v e r e d t o t h e p u b l i c (o r h o l d s a w a i t ­
i n g c o m p l e t i o n o f c e r t a i n t r a n s f e r s ) b o n d s f o r t h e p r i n c ip a l s u m o f
$ 8 ,0 7 6 ,7 4 7 , l e a v i n g i n t h e t r e a s u r y o f t h e C o m p a n y f o r f u t u r e n e g o ­
t i a t i o n b y t t b o n d s f o r t h e a g g r e g a t e p r i n c i p a l s u m o f $ 6 2 2 ,2 5 3
P u r c h a s e M o n e y L i e n s —C e r t a in p a r c e l s o f t h e p r o p e r t y a l s o a r e s u b ­
j e c t t o t h e p a y m e n t o f p u r c h a s e m o n e y l ie n s t h e r e o n a s f o l l o w s :
H u d « o n R iv e r P u lp & P a per Com pa n y’s « p e r c e n t bond s, due Jan. 1,
IV18. b u t s u b je c t t o red em p tion on th e first day o f an y Jan uary or
J u ly a fte r th e y e a r lflC7 at 105 per cen t, s a id b o n d s oehig secured b y a
lie n o n o n property situ ated at P alm ers' Kails, New Y ork . ................ ,$1,500,000
In tern a tion a l P aper C om pany » 0 per c e n t bonds, paya ble Feb. L. 11*1*
secu red "by a Hen u p on property at W a tertow n , N ew Y ork, acquired
fro m th e O ntario P a per C om pa n y................... . — ................................... . 150,000
P r o p e r ty A c q u ir e d — T h e c o m p a n y h as a c q u ir e d b y p u rch a se (p a y in g
t h e r e f o r In t h e b o n d s a n d s t o c k o f t h e c o m p a n y ) t h e m a n u f a c t u r in g
p l a n t s , w a t e r p o w e r s a n d w o o d la n d s o f t h e f o l l o w i n g n i n e t e e n c o r p o ­
r a t io n s a n d t h e c a p i t a l s t o c k o f t w o c o r p o r a t i o n s ( P i e r c e f l e ld P a p e r
C o . * n d St M a u r ic e L u m b e r C o .) , l o c a t e d in N e w Y o r k a n d t h e N e w
E n g l a n d S t a t e s , i n w h ic h S t a t e s th e b u l k o f t h e n e w s p a p e r m a n u f a c ­
t u r i n g i n d u s t r y is l o c a t e d .
T h e p r o p e r t ie s a n d c o r p o r a t io n s p u r c h a s e d w e re :
(lie n s Falls P a per M ills Co.,G lens Falls, W e b s te r P a per Co., O rono, M e.
P lattsburg P a per Co.. C a Jyvilie, N, Y.
N. V.
H u d son R iv e r P u lp A P a p er Co., P a l­ N iagara Falls Paper Co., N iagara Falla,
m ers, Falls. N. V.
O n tario Paper Co.. W a te rto w n , N. Y.
H erk im er P a p er Co.. H erkim er. S . V.
P iercefleld P a p er no., P iercefleld. N, Y. L ake G e o rge P a per Co., T ieon d oroga ,
F a11 M ountain P a p er CO-» B ellow s
W lnnlpiseogee P a per i Co., F ran k lin
F alls V i.
Falls, N. 11.
G len M anufacturin g Co.. B erlin, N. H .
Ot Is Fails Paper Co., Chisholm , M e.
F a lm ou th P a per Co.. Jay, Me.
Rum ford Falls P a p er Co., Rum fort! U m bagog P u lp Co., L iv e rm o re Falls,
Me.
Falls Me.
M on ta gu e P aper Co., T u rn ers Falls, Bussell P a per Co.. L a w ren ce, Mass.
H averhill Paper Co., H averhill, Mass.
Maas,
St. M aurice L u m b er Co.* T h ree R ivers. T u rn e rs Falls Paper Co., T u rn ers Fulls,
Mass.
Q u ebec, Canada.
T h e m ills o f t h e s e c o m p a n i e s i n c l u d e t h e p r i n c i p a l n e w s p a p e r m il l s
in t h e t e r r i t o r y m e n t io n e d , a r e f o r t h e m o s t p a r t n e w a o d o f t h e h i g h ­
e s t t y p e o f c o n s t r u c t i o n a n d m a c h i n e r y , a n d p r o d u c e f r o m 7 < j t o '8 0
p e r c e n t o f a l l t h e n e w s p a p e r m a n u f a c t u r e d in t h o U n it e d S t a t e s . T h e
w a t e r a n d s t e a m p o w e r d e v e l o p e d I n a ll o f t h e s e m ills is e q u a l t o 1 4 3 ,5 0 0 h orse p o w e r , p r o p e llin g :
320 pulp grinders, p rod u cin g 1,10 0 ton s o f ground w o o l pulp p^r day.
41 ftul dilfce digesters, p rod u cin g 275 ton s o f su lph ite oulp per day.
100 paper m ach in es, p rod u cin g 1,475 to n s o f new s and printing paper p e r ’ day.
T h e c o m p a n y h o i d s th e t it l e t o m o r e t h a n 4 5 0 . 0 0 a c r e s o f s p r u c e
w o o d la n d s , l o c a t e d in t h e S t a t e s o f N o w Y o r k . N e w H a m p s h ir e , M a in e ,
V e r m o n t a n d M ic h ig a n : a ls o t h e G o v e r n m e n t l i c e n s e t o c u t t im b e r
o n 1 ,1 3 2 ,0 0 0 a c r e ? o f w o o d la n d s In t h e P r o v i n c e o f Q u e b e c , C a n a d a .

Litchfield Carrollton &Western RR.—F orecloru rs D ec re e ,
—At Springfield, 111., Aug. 19, Judge Allen of the United
States Court enteredan order for the foreclosure sale of the
property, the upset price to be $140,000.—V. 62, p. 949.
Louisville A St. Lonis RR.—Louisville Evansville & St.
Louis RR.—P ossession Taken A ug. 1 5 . —The Louisville & St.
Louis on Aug. 15pissed into the possession of the Louisville
Evansville & St. Lonis, The purchase was arranged last
Jnne, as stated in the C h ro n icl e of June 4, p. 1089,—V. 66,
p. 1089.
Menominee (Mich.} Gas Light & Fuel.—R eceiver N o t
A p p o in ted . —A press dispatch from Menominee, Mich., Aug.
18., says: The case of Gustave A. Blesch, et al. against the
company for the appointment of a receiver has been satisfac­
torily settled out of court. A motion for the appointment of
a receiver was heard last month, but it now appears H. H.
Hyde of Saginaw has bought up the company’s bonds, paid
all the court expenses, and so secured possession of the gas
plant and other property.
North Carolina Midland RR.—C on stru ction . —The South­
ern Railway report published last week said :
“ F o r r o a s o u B s t a t e d lu t h e L is t a n u u a l r e p o r t , i t w a s ( I s o l d e ! b y t h e
b o a r d o t d i r e c t o r * t o s e o u - o th e c o n s t r u c t i o n o t a l i n o o f r a i l r o a d b e ­
t w e e n M o o k s v ille a n d M o o r e s v I U e , N. C ., a d i s t a n c e o t n e a r l y 3 0 m ile s .
T ills c o n s t r u c t i o n w a s s u b s t a n t i a l ly o n m n le t o a t t n e c l o s e o t t h e y e a r .
T lie S o u t h e r n R a il w a y C o . o w n s a c o n t r o l l i n g I n t e r e s t i n t h e s t o c k a n d
a ll o f th e b o n d s o f t h e N o r t h C a r o l i n a M id la n d R a i l r o a d C o ., w h i c h
c o m p a n y c o n s t r u c t e d a n d o w n s t-ho lin e .

Ohio River A Charleston Ry, —
N otice to B on d h old ers. —
Holders of coupon bonds secured by deed of trust of July
27th, 1897, are notified to present the same for liquidation
and cancellation to George I. White, special inHter, care
George I. White, Cashier Commercial Bank, Marion, N. C.—
V. 67, p. 375.
Pennsylvania Steel.—Septem ber C ou pon s to he P u d in
S crip . —Idle coupons due September first will b9paid in scrip,
as werethose whichmatured March1ult., as state! inV. 63, p.
427. Under the terms of the mortgage all future coupons
must be paid in cash. In the la3t six moaths.it is stated,
there was an increase of several hundred thousand dollar? in
gross earnings as compared with the same periol of 1897,
andsomething wasearnedfor interest on the bonds as against
a deficit in manufacturing cost, ahead of fixed charges, last
year.—
V. 67, p. 117,
f3f~ F o r o t h e r I n v e s t m e n t i t e m * » e e p a t e 4 3 5 .

A ugust 27, 1898.]

THE

C H R O N IC L E .

Jtepcrrts and 30crcum cuts.
T H E DENVER & RIO G R A N D E R A IL RO A D
C O MPA NY.
T W E L F T H A N N U A L R E P O R T — F O R T H E F IS C A L Y E A R
E N D E D J U N E 30, 1898.

To the Stockholders o f the Denver & Rio Grande Railroad C o :
T h e in c o m e o f y o u r C o m p a n y f r o m a l l so u r c e s , e x c lu s iv e
o f a c c r e tio n s t o t h e R e n e w a l F u n d , d u r in g th e fis c a l y e a r
e n d e d J u n e 3 0 , 1898, i n c lu d in g $ 6 2 ,4 0 2 91 in t e r e s t o n se c u ri­
t i e s , e t c ., w a s $ 8 ,4 0 5 ,3 2 8 9 5, a n in c r e a s e o f $ 1 ,4 0 8 ,5 3 1 6 8
c o m p a r e d w i t h t h e p re v io u s y e a r .
T h e g r o s s e a r n in g s fr o m
t h e o p e r a tio n o f t h e r a ilr o a d w e r e $ 8 ,3 4 2 ,9 2 6 0 4 , b e in g a n
in c r e a s e o f $ 1,3 9 7 ,8 1 1 5 1 . T h e o p e r a tin g e x p e n s e s w e r e
$ 5 ,0 1 7 ,5 9 9 3 8 , a n in c r e a se o f $ 9 4 2 ,2 6 2 89. T h e n e t e a r n in g s
f r o m tr a ffic w e re $ 3 ,3 2 5 ,3 2 6 6 6, b e i n g $ 4 5 5 ,5 4 8 6 2 m o r e th a n
f o r th e p r e v io u s fisca l y e a r .
T h e in c r e a se in g r o s s W arnings
w a s 2 0 T 3 # ; in e x p e n s e s , 2 3 T 2 f , a n d in n e t e a r n in g s , 15'87^ .
T h e n e t in c o m e a ffo r d e d a s u r p lu s o f $ 25 7 ,2 5 2 31 a f t e r p ro­
v i d i n g f o r in t e r e s t o n f u n d e d d e b t , t a x e s , in s u r a n c e a n d a ll
o t h e r c h a r g e s a g a in s t i n c o m e ; a ls o t w o s e m i-a n n u a l d iv i­
d e n d s a g g r e g a t in g
u p o n th e p r e fe r r e d s to c k a n d c o n ­
t r ib u t io n s o f $ 3 0 ,0 0 0 t o th e R e n e w a l F u n d a n d $ 2 0 ,0 0 0 to a
s p e c ia l f u n d e s ta b lis h e d fo r m e e t in g t h e e x p e n s e s o f c o n ­
v e r t i n g th e o u t s t a n d in g 7 £ b o n d s , a s h e r e in a f te r e x p la in e d .
F o r d e ta ile d in f o r m a t io n y o u are r e fe r r e d to th e ta b le s a n d
s t a t is t ic s p re p a re d b y t h e C o m p t r o lle r a n d t h e A u d i t o r , a n d
s u b m i t t e d h e r e w i t h f o r y o u r in f o r m a t io n .
C u r r e n t a s s e ts s h o w a n in c r e a s e o f $ 4 5 1 ,6 7 2 34 a n d cu r re n t
lia b ilitie s a n in c r e a s e o f o n ly $ 19 1 ,45 9 9 4 , f r o m $ 1 ,7 4 9 ,9 1 0 01
in 1897 t o $ 1 ,9 4 1 ,3 6 9 95 in 1898.
O n J u n e 3 0 , 189 8 , th e c u r ­
r e n t a s s e ts e x c e e d e d th e c u r r e n t lia b ilitie s $ 2 ,1 6 8 ,7 0 9 38, an
in c r e a s e o f $ 2 6 0 ,2 1 2 4 0 f r o m J u n e 3 0 , 189 7 , w h e n th e e x c e s s
o f c u r r e n t a s s e ts o v e r c u r r e n t lia b ilitie s w a s $ 1 ,9 0 8 ,4 9 6 98.
T h e u n p a id v o u c h e r s a t th e c lo se o f th e fis c a l y e a r , p a y a b le
i n t h e u s u a l c o u rse o f b u s in e s s d u r in g th e s u c c e e d in g m o n th ,
a m o u n t e d to $ 1 7 5 ,8 8 5 8 5 , w h ic h is le ss t h a n th e a m o u n t th a t
w a s a u d it e d fo r th e m o n t h o f J u n e . T h e r e is n o f lo a tin g in ­
d e b te d n e s s o f a n y k in d w h a te v e r .
Y o u r C o m p a n y h a s in i t s tr e a s u r y b o n d s a n d s to c k s a g g r e ­
g a t i n g a t p ar $ 5 ,9 5 5 ,8 7 0 , a p p e a r in g on th e b o o k s a t $ 3 ,0 1 7 ,3 5 0 2 0 , a n d in a d d itio n i t h a s in its S p e c ia l R e n e w a l F u n d
a n d S p e c ia l B o n d C o n v e r s io n F u n d c a s h a n d se c u r itie s a t
p a r $ 6 1 2 ,8 9 2 2 9, c a r r ie d o n t h e b o o k s a t $ 47 3 ,0 6 9 7 1 , t o ta l o f
a l l b e in g a t p a r $ 6 ,5 6 8 ,7 6 2 29.
F o r t h e fis c a l y e a r c o v e r e d b y t h i s re p o r t t h e re v e n u e s
f r o m f r e ig h t tr a ffic w e re $ 6 ,1 8 1 ,7 7 7 34, a g a in s t $ 4,8 9 4,6 1 1 61
f o r t h e p r e c e d in g y e a r . T h e p a sse n g e r r e v e n u e s fo r th e y e a r
j u s t c lo se d w ere $ 1 ,3 6 0 ,7 1 5 8 4 , a g a in s t $ 1 ,2 4 7 ,9 9 1 29 fo r th e
p r e c e d in g y e a r .
I n c o n f o r m i t y w i t h th e p r a c tic e o f t h e C o m p a n y a c o m ­
m i t t e e w a s a p p o in te d a t th e a n n u a l m e e t in g o f th e sh a re ­
h o ld e r s in O c to b e r , 1897, t o s e le c t a n e x p e r ie n c e d a n d d isin ­
te r e s te d p e rso n t o e x a m in e o n t h e ir b e h a lf th e a c c o u n ts , an d
v e r i f y t h e m i f fo u n d s a t is fa c t o r y . T h e c o m m it t e e a g a in
s e le c t e d M r. W a r r e n G . P u r d y , n o w th e P r e s id e n t o f th e
C h ic a g o R o c k I s la n d & P a c ific R a ilw a y C o m p a n y , w h o
k i n d ly c o n s e n t e d to a c t , a n d w h o . a f t e r a c a r e fu l e x a m in a ­
tio n in D e n v e r o f th e b o o k s a n d a c c o u n t s , v e r ifie d th e m .
H i s c e r t ific a t e is h e r e in a fte r s u b m i t t e d f o r y o u r in f o r m a ­
t io n .
O f th e in c r e a s e in O p e r a tio n E x p e n s e s o f $ 9 4 2 ,2 6 2 8 9, c o m
p a r e d w i t h p r e v io u s y e a r , $ 5 7 9 ,6 4 5 21 w a s in c o n d u c t in g
tr a n s p o r ta tio n , a n d w a s c a u se d b y th e la r g e r v o lu m e o f
tr a ffic t o b e h a n d le d a n d t r a n s p o r te d ; th e in c r e a s e in M a in ­
te n a n c e o f E q u ip m e n t w a s $ 1 9 1 ,1 4 8 5 7 , a n d w a s d u e to th e
s a m e c a u s e ; th e in c r e a s e in M a in te n a n c e o f W a y , $ 12 8 ,4 0 5 11, w a s m a in ly c a u s e d b y th e u se o f a b o u t 5 ,30 0 to n s
m o r e n e w ra ils th a n w e r e u se d in th e p r e c e d in g y e a r , an d
b y in c r e a s e d tr a c k fo r c e s ; a n d th e in c r e a se in M a in te n a n c e
o f S tr u c tu r e s , $ 6 5 ,3 8 9 8 4 , w a s la r g e ly d u e to th e r e p la c e m e n t
w i t h h e a v y sp a n s o f ste e l o f s e v e r a l im p o r ta n t b r id g e s o n th e
s t a n d a r d -g a u g e m a in lin e , w h e r e th e o r ig i n a l s tr u c tu r e s
w e r e b u ilt m a n y y e a r s a g o , s o m e o f w o o d a n d s o m e o f iron ,
o f l i g h t d e s ig n , a n d in a d e q u a te fo r th e w e ig h t a n d sp ee d o f
y o u r s ta n d a r d -g a u g e t r a in s . T h e p e r m a n e n t w a y w a s s u b ­
s t a n t i a ll y im p r o v e d a n d th e r o llin g s to c k w a s in c r e a s e d in
e ffic ie n c y d u r in g th e y e a r o n b o th th e s ta n d a r d a n d n a r r o w g a u g e s y s t e m s ; a ll th e s ta n d a r d -g a u g e m o t iv e p o w e r h a s
b e e n a c t i v e l y e m p lo y e d , a n d th e n a r r o w -g a u g e to a g r e a te r
e x t e n t th a n s in c e th e p a n ic o f 1893.
I n p u r s u a n c e o f t h e p o lic y h e r e to fo r e e n te r e d u p on o f
s t r e n g h t e n in g t h e t r a c k t h r o u g h o u t th e s y s t e m , 7 ,87 0 to n s
o f n e w 8 5 -p o u n d s te e l r a il w e r e la id b e tw e e n D e n v e r a n d
C o lo r a d o S p r in g s , w h ic h c o m p le te d th e w o r k r e fe r r e d to in
f o r m e r r e p o r ts, o f r e p la c in g a ll th e 6 5 -p o u n d r a il w ith 8 5p o u n d in th e s in g le m a in tr a c k , 92 m ile s , b e tw e e n D e n v e r
a n d P u e b lo . I t is p ro p o se d t o r e -la y w it h 8 5 -p o u n d ste e l
d u r in g th e e n s u in g y e a r th e 28 m ile s o f d o u b le t r a c k b e ­
t w e e n th e se p o in ts , a n d h a v e a ll th e m a in tr a c k s o f th e F irst
D is t r ic t o f th e F ir s t D iv is io n , D e n v e r to P u e b lo , a d is ta n c e
o f 120 m ile s , w h e r e th e tr a ffic is th e h e a v ie s t , la id w ith th is
w e ig h t o f r a il; a n d in r e n e w in g r a ils in f u tu r e o n o th e r
p a r ts o f th e s ta n d a r d g a u g e m a in lin e th e s a m e p a tte r n o f
ra il w ill be u se d . T h e s e c o n d -h a n d ra ils re le a se d in th e se
r e n e w a ls are laid o n o t h e r p a r ts o f th e s y s t e m in p la c e o f

429

ra ils o f lig h t e r w e ig h t , a n d th e e n tir e c o s t o f r e p la c in g th e
lig h t r a ils w ith h e a v ie r o n e s is c h a r g e d t o O p e ra tio n E x ­
p e n se s. T h is p la n h a s b e e n f o llo w e d fo r s e v e n y e a r s , a n d
a c c o m p lis h e s th e d o u b le p u rp o se o f r e n e w i n g w ith h e a v y
r a il t h e s ta n d a r d -g a u g e m a in lin e , a n d s t r e n g t h e n in g th e
n a r r o w -g a u g e m a in lin e s w i t h g o o d s e c o n d h a n d r a il o f
la r g e r s e c tio n th a n t h a t w i t h w h ic h t h e y w e r e o r ig in a lly
co n stru cte d .
D u r in g th e y e a r f o u r h e a v y t e n -w h e e l s ta n d a r d -g a u g e l o ­
c o m o t iv e s w e r e a d d e d to t h e e q u ip m e n t, o f w h ic h tw o w ere
b u ilt a t th e sh o p s o f th e C o m p a n y in D e n v e r a n d th e o th e r
t w o w e r e p u r c h a s e d . T h e y a r e o f th e s a m e t y p e a s th o s e
d e s c r ib e d in th e la s t a n n u a l r e p o r t, e x c e p t t h a t th e c a p a c it y
o f th e te n d e r s h a s b e e n in c r e a s e d to 5 ,5 0 0 g a llo n s o f w a t e r .
A b o u t fo u r -fifth s o f t h e c o s t o f th e s e e n g in e s w a s p a id f o r
o u t o f th e R e n e w a l F u n d a n d th e r e m a in d e r w a s c h a r g e d to
M a in ta in e n c e o f E q u ip m e n t . S i x m o r e o f th e s a m e c la s s are
n o w u n d e r c o n t r a c t a n d w ill b e r e c e iv e d a b o u t th e e n d o f
A u g u st.
T h e g r a t i f y i n g in c r e a s e in e a r n in g s w a s c a u s e d b y a
m a r k e d im p r o v e m e n t in b u s in e s s c o n d itio n s , n o t o n ly in
C o lo ra d o b u t t h r o u g h o u t th e c o u n t r y g e n e r a lly .
B o th th e
lo c a l a n d th r o u g h tr a ffic o f y o u r C o m p a n y s h o w s u b s t a n t i a l
g a in s o v e r th e p r e v io u s y e a r , b u t t h e y w e r e m a i n ly in f r e ig h t
tr a ffic , a s w i ll be o b s e r v e d b y r e fe r e n c e to fig u r e s h e r e in b e ­
fo r e g iv e n .
N e a r ly a ll in t e r e s t s s e r v e d b y y o u r lin e s — -the
m in in g , th e m a n u f a c t u r in g , th e c o m m e r c i a l a n d th e a g r i­
c u lt u r a l— y i e ld e d la r g e r v o lu m e s o f tr a ffic , a n d th e o u tlo o k
a t p re s e n t is e n c o u r a g in g . T h e a g r ic u lt u r a l v a lle y s tr a v e r s e d
b y y o u r lin e s g i v e p r o m is e o f g r e a te r c r o p s t h a n th o s e o f
1897, w h ic h w e r e th e la r g e s t h a r v e s te d to t h a t t im e o n f a r m ­
i n g la n d s t r ib u t a r y to y o u r r a ilr o a d .
I n v ie w o f t h e f a c t t h a t t h e S e v e n P e r C e n t F ir s t M o r t ­
g a g e B o n d s o f th e D e n v e r & R io G r a n d e R a ilw a y C o m p a n y ,
a m o u n t i n g to $ 6 ,3 8 2 ,5 0 0 , w ill m a tu r e o n N o v e m b e r 1, 1900,
y o u r D ir e c to r s b e lie v e d i t p r u d e n t t o p re p are fo r r e f u n d in g ■
th e m a t a lo w e r r a te o f in t e r e s t , a n d t h e y a r e p le a s e d t o be
a b le t o in f o r m th e S h a r e h o ld e r s t h a t a s a t is f a c t o r y a r r a n g e ­
m e n t to t h a t e n d h a s b e e n m a d e .
U n d e r t h e te r m s o f th e
G e n e r a l M o r tg a g e n o g r e a te r a m o u n t th a n t h a t o f th e o u t ­
s ta n d in g S e v e n P e r C e n t B o n d s c a n b e is s u e d in e x c h a n g e
fo r t h e m , so t h a t it w a s n e c e s s a r y t o f i x s u c h r a te o f in t e r ­
e s t fo r th e n e w b o n d s a s w o u ld a ssu r e r e f u n d in g a t r e a s o n ­
a b le c o s t t o th e C o m p a n y .
A f t e r c a r e fu l d e lib e r a tio n y o u r
D ir e c to r s d e c id e d u p o n
p er ce n t p er a n n u m , an d a c o n ­
t r a c t h as b e e n e n te r e d in t o w it h re s p o n s ib le p a r tie s fo r
r e f u n d in g th e S e v e n P e r C e n ts o n th i s b a s is . A s th e m a t u r ­
i n g b o n d s are a first m o r tg a g e u p o n a b o u t 296 m ile s o f th e
m o s t v a lu a b le p a r t o f th e ra ilr o a d , th e ir lie n u p o n t h a t
m ile a g e w ill be r e m o v e d w h e n t h e y are r e tire d a n d th e F o u r
P e r C e n t G e n e r a l M o r t g a g e B o n d s , to g e th e r w i t h th e N e w
F o u r a n d O n e -h a lf P e r C e n ts m e n t io n e d , w ill th e n b e c o m e a
first lie n u p o n t h e e n tir e p r o p e r ty o f y o u r C o m p a n y .
S a tis­
f a c t o r y p ro g re ss h a s a lr e a d y b e e n m a d e in th e r e f u n d in g ,
a n d w h e n th e tr a n s a c tio n is c o m p le te d th e a n n u a l in t e r e s t
on th e fu n d e d d e b t w ill b e a b o u t $ 16 0 ,0 0 0 le ss t h a n h e r e ­
to fo r e .
In th e ir a n n u a l re p o r t fo r th e fis c a l y e a r e n d e d J u n e 3 0,
1895, y o u r D ir e c to r s e x p la in e d a c o n t r a c t e n te r e d in t o w ith
th e R io G r a n d e S o u t h e r n R a ilr o a d C o m p a n y , w h o se p ro p ­
e r t y , o w in g t o a d v e r s e b u s in e s s c o n d itio n s a n d c o n s e q u e n t
in a b ilit y to m e e t o b li g a t io n s , h a d b e e n p la c e d in th e h a n d s
o f a R e c e iv e r . I t w a s s ta te d t h a t a n a r r a n g e m e n t h a d b e e n
m a d e w h e r e b y y o u r C o m p a n y a d v a n c e d to th e R io G r a n d e
S o u th e r n $ 16 9 ,8 3 9 10 in c a s h a n d e n d o r s e ! t h a t C o m p a n y 's
n o te s t o th e a m o u n t o f $ 57 3 ,49 8 2 5 , t h e n o te s r u n n in g fo r o n e ,
tw o a n d th r e e y e a r s , in e q u a l a m o u n t s , w i t h in t e r e s t a t th e
r a te o f 6 p e r c e n t p er a n n u m to th e s e c u r e d a n d 4 p er c e n t
to th e u n s e c u r e d c r e d ito r s .
A s p a r t c o n s id e r a tio n th e R io
G r a n d e S o u th e r n C o m p a n y a s s ig n e d to y o u r C o m p a n y
$ 67 1 ,0 0 0 o f i t s F ir s t M o r t g a g e B o n d s , w h ic h w e r e h e ld a s
c o lla te r a l b y th e s e c u r e d c r e d ito r s .
In a d d itio n t o th is
and
u n d e r th e
gen eral
p la n o f s e t t le m e n t t h e
R io
G r a n d e S o u th e r n s to c k h o ld e r s w e r e t o tr a n s fe r to y o u r
C o m p a n y , fr e e o f c o s t , o n e -h a lf th e c a p ita l s to c k o f th e ir
Com pany.
T h e b o n d h o ld e r s w e r e t o c a n c e l a ll u n p a id c o u ­
p o n s u p to a n d i n c lu d in g J a n u a r y 1, 1895, a n d th e in t e r e s t
on th e b o n d s w a s t o b e r e d u c e d f r o m 5 p e r c e n t p e r a n n u m
to 3 p e r c e n t p e r a n n u m f o r th r e e y e a r s fro m th e first o f
J a n u a r y , 1895, a n d 4 p er c e n t t h e r e a ft e r d u r in g t h e life o f
th e b o n d s . I n th e ir a n n u a l re p o r t fo r th e fis c a l y e a r e n d e d
J u n e 3 0 , 1896, y o u r D ir e c to rs s ta te d t h a t e v e r y b o n d h o ld e r,
s to c k h o ld e r a n d c r e d ito r h a d a s s e n te d to t h e p la n , a n d t h a t a
m a jo r it y o f th e s to c k o f t h e S o u th e r n C o m p a n y h a d b e e n
a s s ig n e d t o y o u r C o m p a n y . T h e la s t o f th e n o t e s h e re in r e ­
fe r r e d to , e n d o rse d b y y o u r C o m p a n y , m a tu r e d J a n u a r y 1 ,
1898, a n d w it h its p a y m e n t th e e n tir e tr a n s a c tio n w a s c lo se d .
T h e b o n d s o f th e S o u th e r n C o m p a n y n o w b e a r in te r e s t a t
th e ra te o f 4 p e r c e n t p e r a n n u m , a n d th o se h e ld b y y o u r
C o m p a n y a ffo rd a s a t is fa c t o r y in c o m e u p on th e in v e s t m e n t .
A s th e a r r a n g e m e n t re q u ire d th e S o u th e r n C o m p a n y to p a y
o v e r to y o u r C o m p a n y Its su r p lu s , i f a n y , s ta n d in g to th e
c r e d it o f P ro fit a m i L o s s o n D e c e m b e r 3 1 ,1 8 9 7 , th e S o u th e r n
C o m p a n y o n t h a t d a te p a id to y o u r C o m p a n y th e s u m o f
$ 8 3 ,2 3 8 10.
.
,,
T h e e a r n in g s o f y o u r C o m p a n y o n tr a ffic t o a n d f r o m th e
R io G r a n d e S o u th e r n R a ilr o a d d u r in g th e fis c a l y e a r w ere
$ 35 1 ,78 3 7 5 , a g a in s t $35 1 ,23 9 78 fo r th e y e a r e n d e d J u n e 3 0,
1897. T h e g ro ss in c o m e o f th e R io G r a n d e S o u th e r n f r o m
a ll so u rc e s d u r in g th e y e a r w a s $42 9 ,90 5 7 5, a n in c r e a s e o f
$ 25 ,6 78 02 c o m p a r e d w ith th e p re v io u s y e a r . T h e N e t R e v e n u e

430

THE

C H R O N IC L E .

afforded a surplus of $7,587 74 after providing for interest on
funded debt, taxes, insurance and other charges against
Income. For further information regarding the operations
of the Rio Grande Southern you are respectfully referred to
the annual report of that Company for the fiscal year just
closed.
With their accustomed faithfulness and intelligence the
officers and employes generally have seconded the efforts
of the management in behalf of your Company, and they
are with pleasure accorded their due share of credit for the
improved results that are herein submitted.
By order of the Board of Directors.

IN C R E A S E I X S O N S C O N V E R SIO N F U N D ,

A

( A s p e r C o m p a r a t i v e B a l a n c e S h e e t .)
n e w fo n d p r o v id e d fro m tn o o m e c o m m e n c in g w it h
M a y , 1 8 9 8 , f o r m e e t in g t h e e x p e n s e s o f c o n v e n i n g th e
o u ts ta n d in g s e v e n n e r c e n t b o n d s In to fo u r a n d o n e -h a lf
p e r c e n t b o n d s ........................... ......................... ; ..................................... $ 20,000 0 0
IN C R E A SE IX R E N E W A L F U N D .

( A s p e r C o m p a r a t i v e B a l a n c e S h e e t .)
B y B a la n c e a t C r e d it o f R e n e w a l F u n d
dune 30. 1898.
............................................... $ 1 5 3 ,0 8 9 7 1
B y B a la m o a c c r e d i t o f R e n e w a l F u n d J u n e
3 0 , 1 8 9 7 ..................................................... .. ............... 4 3 9 , 4 6 0 2 4
I n c r e a s e f o r t h e y e a r . . . . .............................................................

E. T. JEFFER Y,

Presiden t.
Denver, Colorado, August Id, 1898.
C E R T IF IC A T E
OF
THE
E X A M IN IN G
A U D IT O R
SELECTED B Y T H E STO C K H O LD ER S U N D E R
A R T I C L E 13 O F T H E B Y - L A W S O F
THE
COM PANY.
d- Bio Grande Railroad Co.:
I h a v e t h e h o n o r to r e p o r t t h a t in c o m p lia n c e w i t h t h e
r e q u e s t o f th e C o m m it t e e a p p o in t e d a t t h e A n n u a l M e e tin g
o f t h e S to c k h o ld e r s o f y o u r C o m p a n y h e ld in D e n v e r in
O c to b e r , 1897, 1 h a v e m a d e a t h o r o u g h a n d e o m p lo te e x a m ­
in a tio n o f th e G e n e r a l B o o k s a n d A c c o u n t s o f th e D e n v e r &
R io G r a n d e R a ilr o a d C o m p a n y fo r t h e f is c a l y e a r e n d i n g
J u n e 8 0 , 1898.
I fin d th e G e n e r a l B a la n c e S h e e t, S t a t e m e n t s o f E a r n in g s
a n d E x p e n d it u r e s , I n c o m e A c c o u n t , a n d a ll o t h e r s t a t is t ic a l
in f o r m a t io n c o n ta in e d in t h e A n n u a l R eport, f o r sa id fisc a l
y e a r to b e a c t u a l a n d tr u e s t a t e m e n t s o f t h e a ffa ir s o f y o u r
C o m p a n y a s o f t h a t d a te .
T h e s y s t e m o f a c c o u n t i n g e m p lo y e d b y t h e D e n v e r & R io
G r a n d e 'C o m p a n y , a s w e ll a s t h e c a r e f u l a t t e n t i o n w h ic h
th e A c c o u n t s a n d R e c o r d s r e c e iv e f r o m t h e P r e s id e n t a n d
c h i e f a c o u n t i n g o ffice rs o f th e C o m p a n y , r e fle c t g r e a t c r e d it
u p o n th o se o ffic ia ls , a n d to t h e m I a m u n d e r o b li g a t io n s fo r
a ll p o s s ib le a s s is ta n c e r e n d e r e d m e in m a k i n g t h i s e x a m i n a ­
t i o n . V e r y r e s p e c t f u lly ,
W . G . P U R D Y ',

I n c r e a s e f o r t h e y e a r ....................................................................

TH E COM PTROLLER.

T h e D en v e r & R io G rande R ailroad C o .,
)
N e w Y o r k , A u g u s t 10, 1898. )
M r . E . T . J e f f e r y , President.
D ear Sir : I b e g t o p r e s e n t h e r e w i t h m y re p o r t o f th e
C o m p a n y ’s fin a n c ia l c o n d itio n J u n e 8 0, 189 8 , c o n s is t in g o f
t h e a d ju s t m e n t s m a d e in t h e G e n e r a l P ro fit a n d L o s s , R e ­
n e w a l F u n d a n d Bond C o n v e r s io n F u n d A c c o u n t s , d u r in g
t h e fis c a l y e a r th e n e n d s d , t o g e t h e r w it h C o m p a r a tiv e B a l­
a n c e S h e e t , S u m m a r y o f its fin a n c ia l o p e r a tio n s o u ts id e o f
its I n c o m e A c c o u n t , b a se d o n s u c h c o m p a r is o n , a n d T a b u la r
S t a t e m e n t o f S e c u r itie s o w n e d b y th e C o m p a n y a t t h a t
d a t e , a r r a n g e d in th e o r d e r n a m e d .
A n n e x e d h e r e to is th e re p o r t o f t h e A u d i t o r , e x h ib i t in g in
d e ta il t h e E a r n in g s a n d E x p e n s e s , a n d o t h e r s t a t is t ic a l
in f o r m a t io n fr o m th e r e c o r d s o f t h e C o m p a n y fo r t h e s a m e
p e r io d . V e r v r e s p e c t f u lly ,
S T E P H E N L I T T L E , ComplrolLr.

T h is s u m Is a c c o u n t e d f o r a s f o l l o w s :
INCREASE OF ASSETS.
M a t e r ia ls a n d S u p p li e s ..........................................................................
C a s h ....................
I n d iv id u a ls a n d C o m p a n ie s ............................................................
A g e n t s a n d C o n d u c t o r s ........................................................................
U . S. G o v e r n m e n t ........ ...........................................................................
P u e b lo U n io n D e p o t S in k in g F u n d ..............................................
R io G ra n d e S o. R R . C o. F ir s t M o r t B o n d s to T r e a s u r y ..
R i o G r a n d e S o , R R . Go. C a p it a l S t o c k in T r e a s u r y ..............
C a s h ito b e i n v e s t e d ) S p e c i a l R e n e w a l F u n d .........................
C a s h — S p e c ia l B o n d C o n v e r s i o n F u n d .....................................

T r a ffic B a l a n c e s ........................................................................................

STATEM EN T

AY,.

I n G eneral F u n d .

21
65
83

T o t a l D o o r c a s e o f A s s e t s . ................................................................ $ 5 8 6 ,7 2 3 4 4
INCREASE OF LIABILITIES.
V o u c h e r s ........ .................................................................................................... $ 3 1 ,9 6 3 8 7
P a y R o l l s ..........................................................................................................
4 1 ,9 9 6 4 7
E x p r e s s M o n e y O r d e r s ..............................................................................
1 0 ,8 9 1 0 1
F i r s t M o r t g a g e B o n d s , C o u p o n s d u e a n d u n p a i d .......................
3 ,< 3 0 0 0
F i r s t O o u s . M o r t g a g e B o n d s , C o u p o n s d u e a n d u n p a i d ..........
7 «0 00
I m p r o A - e m e n t M o r t g a g e B o n d s , C o u p o n s d u e a n d u n p a i d ..
1 ,5 2 5 0 0
S u n d r ie s ...................
8 ,4 5 9 3 9
E q u ip m e n t R e n e w a l F u n d .......................................................................
2 0 ,8 9 1 6 5
A c c r u e d T a x e s ................................................................................................
3 ,7 8 5 11
A o o r u e d R e n t a l o f L e a s e d L i n e s ............................... . . . .................
2 ,7 7 4 4 0
D i v i d e n d s o n P r e f e r r e d C a p it a l S t o c k ............................................ 1 1 8 ,2 0 0 0 0
T o t a l I n c r e a s e o f L i a b i l i t i e s ........................................................... $ 2 4 7 ,7 5 6 9 0

BY

C O M P A N Y ’,

TH E

F a ce V alue.

B oole V a lu e.
$ 1 ,3 1 0 ,3 0 9 2 0
2 2 5 ,5 6 0 0 0
2 1 7 ,5 0 0 0 0
8 7 ,0 0 0 0 0

8 ,1 2 0 CO
1 6 8 ,8 6 1 0 0
$ 2 ,0 1 7 ,3 5 0 2 0

i n S p ecia l R en ew a l F u n d .
266
505
58

R i o G r a n d e S o u t h e r n R a il r o a d
C o. F ir s t M o r tg a g e B o n d s o f
$ 1 ,0 0 0 e a c h . . . . ................................
$ 1 6 6 ,0 0 0
D e n v e r <fc R i o G r a n d e R a il r o a d
C o. Im p t. M o r t, 5 % B o n d s o f
$ 5 0 0 e a c h .............................................
2 5 2 ,5 0 0
D e n v e r & R io G ra n d e R a ilr o a d
C o. F ir s t C o n s. M o r t, 4 % B on d s
(5 6 o f $ 1 ,0 0 0 e a c h a n d 2 o f
$ 5 0 0 each )
...............................
5 7 ,0 0 0
C a s h t o b e i n v e s t e d _______ _______
1 7 ,3 9 2

B ond

00

$ 1 7 2 ,9 0 0 0 0

00

2 1 4 ,5 7 1 1 7

00
29

4 8 ,2 0 6 25
1 7 ,3 9 2 2 9

$ 5 9 2 ,8 9 2 2 9

$ 4 5 3 ,0 6 9 7 1

C o n v ersio n F u n d .

C a s h ( t o w a r d s m e e t in g e x p e n s e s
o f c o n v e r t in g F ir s ' M o rt. 7 %
B o n d s , m a t u r in g N o v 1, 1 9 0 0 ,
i n t o F i r s t C o n s . 4 % % B o n d s ) ._

$ 20,000 00

$ 2 0 ,0 0 0 0 0

T o t a l a m o u n t ................................................... $ 6 , 5 6 8 , 7 6 2 2 9

$ 2 ,4 9 0 ,4 1 9 91

R E P O R T O F T H E A U D IT O R .

Denver & R io G rande R R . G o ,,
Denver , C o l ., A u g . 5 , 1898.
Mr .

S t e p h e n L ittle , C o m p t r o l l e r :
D e a r S i r : I b e g to t r a n s m i t h e r e w ith t h e t a b u la r s t a t e ­
m e n ts , s h o w in g th e o p e r a tio n s , fin a n c ia l a n d s t a t i s t i c a l, o f
th e C o m p a n y ’s lin e s fo r th e fis c a l y e a r e n d e d J u n e 3 0 ,1 8 8 8 .
V e r y r e s p e c t f u lly ,
E , R . M U R P H Y , Auditor.

DECREASE OF ASSETS.
75
00

S E C U R IT IE S O W N E D
JU N E 30, 1898.

$ 5 ,9 5 5 ,8 7 0 0 0

R esourcss to be A ccounted fo r , thus :

S t a t e a n d C o u n t y W a r r a n t s ...................................................................
$265
B i l l s R e c e i v a b l e ............................. ...........................................................
2 5 ,0 0 0
B o n d s a n d S t o c k o f th e R to G ra n d e S o. R R . O o. a c q u ir e d
u n d e r n g r e e t n e n t o f F e b r u a r y 2 7 , 1 8 0 5 (e r e b a l a n c e sheet) 5 5 9 ,4 6 1
S u n d r i e s .............................
635
R i o G r a n d e S o . R R . C o .'s N o te s S p e c ia l R e n e w a l F u n d ........
1 .3 6 0

OF

R io G ra n d e S o u th e rn R R C o. 1 st
M o r t . B o n d s o f fl.O u O e a c h . . . $ 2 ,0 1 1 , 0 0 0 0 0
2 2 ,5 5 6 ; S h a r e s R i o G r a n d e S o u t h e r n
R a i l r o a d C o . C a p it a l S t o o k ,
f a c e v a l u e $ 1 0 0 p e r s h a r e ......... 2 , 2 5 5 , 6 0 0 0 0
3 ,7 5 0 S h a re s R i o G r a n d e
As S a n ta
F e R a il r o a d C o . C a p it a l S t o o k ,
f a c e v a l u e $ 1 0 0 p e r s h a r e ____
3 7 5 ,0 0 0 0 0
1 R 'o G r a n d e G n n .R y .C o . 6 °4 B o n d
1 0 0 ,0 0 0 0 0
811 b S h a r e s C a p it a l S t o c k o f
th e
P u e b lo U n io n D e p o t a n d U R .
C o ., f a c e v a l u e $ 1 0 0 p e r s h a r e
8 ,1 2 0 0 0
O t h e r s e c u r i t i e s ..................
1 , 2 0 6 ,1 5 0 0 0

Or.

,fc

5 6 ,2 9 6 9 6

2 ,0 1 1

B y B a la n c e S u p lu s J u n e 3 0 , 1 5 9 7 ..................
$ 2 ,0 4 9 ,7 9 8 61
B y S u r p lu s f o r th e y e a r e n d e d J u n e 3 0 ,
1 8 9 8 ,3 5 p e r I n c o m e A c c o u n t .........................
2 5 7 ,2 5 2 3 1
T o A d ju s t m e n t s d u r i n g t h e y e a r t o t h e
d e b i t o f P r o l l t a n d L o s s d i r e c t . $ 3 1 ,2 0 2 2 5
L e s s A d ju s t m e n t s s a m e p e r i o d
t o c r e d it P r o H t an d L o s s d lr c o t
5 5 8 87
------------------- $ 3 0 ,6 4 3 3 8
T o B a l a n c e .................................................................... 2 , 2 7 6 , 4 0 7 5 4
$ 2 ,3 0 7 ,0 5 0 9 2 $ 2 ,3 0 7 ,0 5 0 92

49
19
92
74
94
00
20
00
30
00

G r a n d T o t a l A c c o u n t e d f o r ....................................................... $ 1 , 0 9 4 , 6 9 2 7 4

I ti Special

B y B a la n c e a t c r e d i t o f P r o f it a n d L o s s
J u n e 3 0 , 18 0 8 , as p e r C o m p a ra tiv e B a l­
a n c e S h e e t ................................................................
$ 2 ,2 7 6 ,4 0 7 5 4
S U M M A R Y O F F IN A N C IA L O P E R A T IO N S
o r th e D bnvj r
R io G ran u b R ail r o a d Co m pa n y , from J une 30,
1897, to -Tone 30, 1898, O utside o f I ts I n c o m e a - count .

$ 1 0 ,3 5 8
2 2 7 ,2 5 0
8 4 ,0 4 7
1 6 ,6 1 0
7 ,5 8 8
800
4 3 1 ,2 0 9
2 2 5 ,5 6 0
1 4 ,9 6 4
2 0 ,0 0 0

T o t a l I n c r e a s e o f A s s e t s ................................................................$ 1 , 0 3 8 , 3 9 5 7 8
DECREASE OF LIABILITIES.

G E N E R A L P R O F IT A N D LO SS A C C O U N T .
A d ju s t m e n t s t h e r e in J u n e 3 0 , 1 8 9 7 , t o J u n e 3 0 , 1 8 9 8 . ]

D r.

$ 2 2 6 ,6 0 8 9 3

G r a n d T o t a l t o b e a c c o u n t e d f o r ........................................... $ 1 ,0 9 4 , 6 9 2 7 4

To Ihe Stockholders o f the Denver

On Behalf o f the Stockholders.

$ 1 3 ,6 0 3 4 7

INCREASE OF PROFIT ANI) LOSS.
(As per Comparative B a la n c e S h e e t .)
B y B a la n c e a t C r e d i t of Prollt a n d Boss
J u n e 3 0 , 1 8 9 8 . .............. - .................................. $ 2 ,2 7 6 , 4 0 7 5 4
B y B a la n c e a t C r e d i t o f P r o f it a n d L o s s
J u n e 3 0 , 1 8 9 7 ......................................................... 2 , 0 4 9 , 7 9 8 6 1

C h i c a g o , I l l s . , A u g u s t 11, 1898.

REPORT OF

[VOL. LXVII,

E

ST A T E M E N T O F E A R N IN G S A N D E X P E N S E S
FOB THE FISCAL YfSAIt ENDED JUNE 30, 1898,
C o m p a r e d w it h Y e a r E n d e d J u n e 3 0 , 1 8 9 7 .
1 8 9 7 -9 8 .
I n c . o r D ec.
1 8 9 6 -9 7 .
jE
a rn in g s—

F r e i g h t ................................... 6,181,777 34
P a s s e n g e r ........................ 1.360.715 84
E x p r e s s , M a il" , M is c e l ­
la n e o u s a n d R e n t s , . . . .. 8 0 0 ,(3 2 86
T o t a l E a r n i n g s .......... 8 , 3 1 2 ,9 2 6 0 4
E xp en ses—
M a in t e n a n c e o f W a y . . 1 , 0 0 5 , 1 7 6
M a i u t e n a n e e o f S t r u o t V 2 2 1 ,4 5 5
M a in t e n a n c e o f E q u lp ’ t, 5 6 9 ,3 4 0
C o n d u c t in g T r a n s p o r ’ n . 2 ,7 9 5 ,5 0 2
E x p r e s s E x p e n s e s ........... 1 5 9 ,6 2 8
G e n e r a l E x p e n s e s ..........
2 6 6 ,4 9 6

18
66
17
59
59
19

N e t E a r n i n g s ..........

8 0 2 ,5 1 1 6 3

$

I n c . 1 , 2 8 7 ,1 6 5 7 3
In c.
1 1 2 ,7 2 4 5 5
D eo.

2 ,0 7 8 7 7

6 ,9 4 5 ,1 1 4 5 3

I n c . 1 ,3 9 7 ,8 1 1 5 i

8 7 6 ,7 7 1
1 5 6 ,0 0 5
3 7 4 ,1 9 1
2 , 2 1 5 ,8 5 7
1 7 2 ,8 5 1
2 7 5 ,5 9 8

I n c .,
In c.
In c.
In c.
D ec.
D eo.

1 2 8 ,4 0 5
6 5 ,3 8 9
1 9 1 .1 4 8
5 7 9 ,6 4 3
1 3 ,2 2 3
9 ,1 0 2

9 4 2 ,2 6 2 8 9

07
82
60
38
64
98

4 ,0 7 5 ,3 3 0 4 9

In c.

0014

58 68

In c,

3 ,3 2 5 ,3 2 0 6 6

2 ,8 0 9 ,7 7 8 0 4

In *.

T o t a l E x p e m e s ____ 5 , 0 1 7 ,5 9 9 3 8
P e r c e n t a g e o f O p e r a t 'n .

$

.1 ,8 9 1 ,6 1 1 61
1 ,2 4 7 ,9 9 1 2 9

11
84
57
21
05
79

1 -4 0
4 5 5 ,5 4 8 62:

A ugust

TH K

27, 1S98.J

C H R O N IC L E ,

4 31

IN C O M E A C C O U N T F O B T H E F IS C A L Y E A R E N D E D J U N E 3 0 , 1S 9 8.
G r o s s E a r n in g s f r o m O p e r a t i o n .......................
O p e r a t in g E x p e n s e s ................................................

B r o v g h t f o r w a r d ................................................................................................... 898,302 3

$ 8 , 3 4 2 ,9 2 6 0 4
5 ,0 1 7 ,5 9 9 3 8

B e i n g a n I n c r e a s e o f $ 3 9 4 ,3 0 6 4 3 o v e r s u r ­
p lu s o f p i e v i o u s y e a r , o u t o f w h ic h w e r e
d e c la r e d tw o d iv id e n d s o n th e P r e fe r r e d
C a p it a l S t o c k , v i z .:
N o . 1 3 , o f 1 r>er c e n t , p a y ­
a b le J a n . 1 5 , 1 8 9 8 ............ $ 2 3 6 ,5 0 0 0 0
N o . 1 4 , o f 1* 9 p e r c e n t ,
p a y a b le J u l y 1 5 , 1 8 9 8 . . . 3 5 4 ,7 5 0 0 0
T h e r e w a s a ls o s e t a s id e f o r
R e n e w a l F u n d .............................. $ 3 0 ,0 0 0 0 0
B o n d C o n v e r s i o n F u n d ..........
2 0 ,0 0 0 0 0

P e r c e n t a g e o f o p e r a t i o n ........................................
60*14%
N e t E a r n in g s f r o m O p e r a t i o n ..................
$ 3 , 3 2 5 ,3 2 6 6 6
A d a I n o o in e f r o m
I n t e r e s t o n S e c u r it ie s O w n e d .........................
$ 5 5 ,8 4 9 2 0
6 ,5 5 3 7 1
6 2 ,4 0 2 91
I n t e r e s t , D i s c o u n t a n d E x c h a n g e ...............
T o t a l N e t I n c o m e . ......................................
$ 3 ,3 8 7 ,7 2 9 5 7
L ess—
I n t e r e s t o n F u n d e d D e b t ......................................$ 1 ,9 9 7 , 9 5 0 0 0
I n s u r a n c e .......................................................................
O t h e r R a i l r o a d s .........................................................
S u r p lu s f o r t h e y e a r .........................................

1 9 ,6 8 6 5 0
3 3 ,3 8 6 't H

2 , 4 8 9 , 2 2 7 26
$ 8 9 8 ,5 0 2 31

BALANCE

SH EET

JU N E

2 ,0 1 7 ,3 5 0
4 5 3 ,0 6 9
2 0 ,COO
6,4 0 0

$ 6 4 1 ,2 5 0 0 0

30,

$ 2 5 7 ,2 5 2 3 1

1898.

L IA B IL IT IE S .
B y C a p it a l S t o c k , C o m m o n ...................... $ 3 8 ,0 0 0 ,0 0 0 0 0
C a p it a l S t o c k , P r e f e r r e d ..................... 2 3 ,6 5 0 ,0 0 0 0 0
$ 6 1 ,6 5 0 ,0 0 0 0 0
1 s t M o r t . B o n d s , 7 p e r c e n t ...............
6 , 3 8 2 ,5 0 0 0 0
1 s t C o n . M o r t . B o n d s , 4 p e r c e n t . . 2 8 , 6 5 0 ,0 0 0 0 0
I m p t . M o r t . B o n e s , 5 p e r c e n t ........
8 , 1 0 3 ,5 0 0 0 0
P a y - R o l l s ........................................... ............................................
A c c r u e d I n t e r e s t o n B o n d s .................................................

2 2 6 ,^ 8 ^ 42
1 9 0 ,7 4 6 ^6

S e c u r i t ie s in t h e T r e a s u r y ...................................................
S p e c i a l R e n e w a l F u n d ( s e e c o n t r a ) ...............................
S p e c i a l B o n d C o n v e r s i o n F u n d (s e e c o n t r a ) ..........
? u e b l o U n io n D e p o t S in k in g F u n d ................................

5 0 ,0 0 0 0 0

j R e m a i n i n g S u r p lu s c a r r i e d t o c r e d i t o f
P r o f it a n d L o s s ........................................................

ASSETS.
O r ig in a l C o s t o f R o a d ...........................$ 8 3 ,9 8 4 ,9 5 2 8 6
C o n s t r u c t i o n o f B r a n c h e s . . .............
7 ,9 9 6 ,9 1 4 56
9 , 1 7 4 ,6 9 7 0 7
B e t t e r m e n t s ................................................
---------------------------- $ 1 0 1 ,1 5 6 ,5 6 4 4 9
E q u ip m e n t ........................................... ......................................
4 ,1 3 5 ,1 4 1 12
E x p r e s s E q u i p m e n t .................................................................
5 0 ,0 0 0 0 0
A g e n t s a n d C o n d u c t o r s .........................................................
I n d i v i d u a l s a n d C o m p a n i e s ................... .........................

$ 5 9 1 ,2 5 0 0 0

A c o r u e d T a x e s ...........................................................................
A c c r u e d R e n t a l o f L e a s e d L i n e s .....................................
E x p r e s s M o n e y O r d e r s .........................................................
T r a t fic B a la n c e s .........................................................................
S u n d r ie s ...........................................................................................
D iv i d e n d s o n P r e f e r r e d C a p it a l S t o c k ........................
E q u ip m e n t R e n e w a l F u n d .................................................

20
71
00
00

4 3 ,1 3 6 ,0 0 0
1 7 5 ,8 8 5
3 5 9 ,9 1 4
1 0 8 ,2 2 7
6 1 4 ,9 5 7
1 8 7 ,3 6 3

00
85
22
08
50
67

3 4 ,8 6 5
4 3 ,2 5 9
2 9 ,8 9 5
3 5 4 ,9 1 0
2 0 ,8 9 1

29
32
37
00
65

11.200 00

T otal L ia b ilitie s .................................................................... $ 1 0 6 ,7 2 7 ,3 6 9 9 5
R e n e w a l F u n d ( s e e o o n t r a ) ...............
B o n d C o n v e r sio n F d . (see c e n t r a ).

4 5 3 ,0 6 9 7 1
2 0 ,0 0 0 0 0
4 7 3 ,0 6 9 7 1
2 ,2 7 6 ,4 0 7 5 4

B y B a l a n c e t o C r e d it o f P r o f i t a n d L o s * ..........
$ 1 0 9 .4 7 6 .8 4 7 2 0

$ 1 0 9 ,4 7 6 ,8 4 7 2 0

C U R R E N T A S SE T S A N D L IA B IL IT IE S , JU N E 30, 1698.
#
ASSETS.
M a t e r ia l s a n d S u p p lie s o n h a n d .....................................................
C o u n t y W a r r a n t s ( fa o e v a l u e ; .........................................................
C a s h .................................................................................................................
A g e n t s ’ a n d C o n d u c t o r s ’ b a l a n c e s , d u e a n d in t r a n s i t . . .
P u e b l o U n io n D e p o t S i n k i n g F u n d . , ...........................................
R . G . S o . R R . C o . F i r s t M o r t . B o n d s i n T r e a s u r y ................
R G . G u n n is o n R y . C o . F i r s t M o r t. B o n d i n T r e a s u r y . .
R . G . S o. R R . C o . C a p it a l S t o c k In T r e a s u r y ..........................
R i o G . di S a n t a F e R R . C o . C a p it a l S t o c k in T r e a s u r y .
P u e b lo U . D . & R R . C o . C a p it a l S t o c k i n T r e a s u r y ............
O th e r S e c u r i t ie s ..................... ................................................................
S u n d r i e s .............................................................................................. .........
A

ccounts

$ 3 2 7 ,4 6 6
2 ,2 3 7
8 1 1 ,2 1 2
2 2 6 ,8 8 6
6,4 0 0
1 ,3 1 0 ,3 0 9
8 7 ,0 0 0
2 2 5 ,5 6 0
2 1 7 ,5 0 0
8 ,1 2 0
1 6 8 .8 6 1
4 .6 8 3

L IA B IL IT IE S .
V o u c h e r s ............................................................................. $ 1 7 5 ,8 8 5 8 5
P a y - R o l l s ............................................................................ 3 5 9 ,9 1 4 2 2

21
90
49
42
00
20
00
00
00
0 »
00
45

$ 5 3 5 ,8 0 0 0 7
1 4 ,8 2 2 5 0
C o u p o n s F i r s t M o r t . B o n d s .....................................
C o u p o n s F i r s t C o n s . M o r t . B o n d s ....................... 5 7 8 ,6 * 0 0 0
C o u p o n s I m p r o v e m e n t M o r t . B o n d s .................
2 1 ,4 7 5 0 0
A c c r u e d I n t e r e s t o n I m p r o v e m e n t M o r t.
5 % B o n d s ...................................................................
A c c r u e d In te re s t o n F ir s t M o rt. 7 % B o n d s .

2 4 0 ,7 7 2 95
enew al

F

und

3 3 ,7 6 4 58
7 4 ,4 6 2 5 0
1 0 8 ,2 2 7
3 5 4 ,9 1 0
3 4 ,8 6 5
2 9 ,8 9 5
4 3 ,2 5 9
1 8 7 ,3 6 3

D iv i d e n d s o n P r e f e r r e d C a p it a l S t o c k .
E x p r e s s M o n e y O r d e r s ............................... .
S u n d r i e s ...............................................................
T r a flio B a l a n c e * .........................................
A c c r u e d T a x e s ................................................. .
A c c r u e d R e n t a l o f L e a s e d L i n e s ............
E q u ip m e n t R e n e w a l F u n d ............. .........

C o l l e c t ib l e :

U . S. G o v e r n m e n t .....................................................$ 5 0 ,0 2 5 9 9
I n d iv id u a ls a n d C o m p a n ie s ............................... 1 9 0 .7 4 6 9 6
S p e c ia l R

6 1 4 ,9 5 7 5 0

:

R e p r e s e n tin g th e I n v e s t m e n t o f R e n e w a l F u n d a n d
c o n s i s t i n g o f t h e f o l l o w i n g s e c u r it i e s :
D . «fe R . G . I m p t . M o r t . B o n d s .......................... $ 2 1 4 ,5 7 1 1 7
D . <fc R . G . F i r s t C o n s . M o r t . B o n d s ...............
4 8 ,2 0 0 25
R . G . S o. R R C o . F i r s t M o r t . B o n d s ............ 17 2 ,9 0 0 0 0
C a s h ( t o b e i n v e s ’ e d ) .............................................
1 7 ,3 9 2 2 9

08
00
29
37
32
67

11.200 00
2 0 ,8 9 1 6 5

T o t a l C u r r e n t L ia b ilit ie s .

$ 1 ,9 4 1 ,3 6 9 9 5

B a la n c e , C u r r e n t A s s e t* In e x c e s s o f C u rre n t
L i a b i l i t i e s ................................ ...................................................... 2 , 1 6 8 ,7 0 9 3 8
4 5 3 ,0 6 9 71

S p e c ia l B

ond

Co n v e r s io n F

und

:

R e p r e s e n t i n g C a s h o n h a n d , t o w a r d s m e e t in g e x ­
p e n s e s o f c o n v e r t i n g D . & R. G . F ir s t M o r t . 7 %
B o n d s , m a t u r in g N o v e m b e r 1 , 1 9 0 0 , i n t o D . A R . G .
F ir s t C o n s . M o r t . 4 *a % B o n d s ................................................
$ 4 , 1 1 0 ,0 7 9 ? 3 ‘ j
C L A S S IF IE D

F R E IG H T , T O N N A G E

AND

REVENUE,

FOR

$ 4 ,1 1 0 ,0 7 9 3 3

THE

F IS C A L

YEARS

ENDED

JU N E

II

1 8 9 7 -9 8 .

30,

1898,

AND

1897.

1 8 9 6 -9 7 .

C l a s s if ic a t io n .
TOH8.
M e r c h a n d i s e ...............................................................................
B i t u m i n o u s C o a l...........................................
A n t h r a c i t e C o a l ...............................................
P r e c i o u s O r e .......................................................
H a y ........................................
G r a i n ....................................................
F l o u r .............................................................
O th e r M ill P r o d u c t s .....................................
F r u it s a n d V e g e t a b le s ...........................................................
S t o n e , S a n d , e t c .......................................................
C e m e n t , B r i c k a n d L i m e .................................
o c k ...................................................
C h a r c o a l ..................................................................
C o k e ...........................................................................
H id e s a n d L e a t h e r .................................................
W o o l ................ ...............................................
P e t r o l e u m a n d o t h e r O i l s ....................
D r e s s e d M e a t s ...........................................
O t h e r P a c k in g - H o u s e P r o d u c t s ....................
P o u l t r y , G a m e a n d F i s h .....................

1 9 4 ,4 3 1
1 0 0 ,7 2 8
7 5 0 ,7 1 3
4 6 ,4 1 8
4 0 4 ,9 6 3

G r a d in g O u t fit .............................................................................

2 1 ,0 5 9
1 2 ,3 4 6
8 1 ,5 6 8
1 3 5 ,4 7 4
2 1 ,6 2 6
7 9 ,0 0 2
736
1 4 4 ,8 9 2
2 ,2 7 2
7 ,9 6 3
2 8 ,2 6 0
3 ,9 8 3
1 3 ,3 4 5
1 ,5 0 2
3 ,6 6 6
2 0 ,0 8 1
3 ,7 4 5
27 A 67
2 7 ,7 3 5
2 2 ,9 6 9
5 ,4 3 0
6 ,0 9 2
2 5 ,6 4 8
4 ,5 1 3
2 3 5 .3 3 7
6 1 ,5 7 9
458
4 ,0 0 9
49

T o t a l . .........................................................................................

2 .5 9 6 ,0 2 9

S u g a r .......................................................
I r o n , P i g a n d B l o o m .................................................
I r o n a n d S t e e l R a i l s .............................................
O th e r C a s t i n g s » n d M a c h i n e r y ............
B a r a n d S h e e t M e t a l...............................................
A g r i c u l t u r a l I m p l e m e n t s .....................................................
W a g o n s , C a r r ia g e s . T o o l s , e t c ...........................................
W in e s , L i o u o r s a n d B e e r s ..............................
H o u s e h o ld G o o d s a n d F u r n i t u r e ....................................
I r o n O r e ...................................
B u ll i o n .........................................
W a t e r ..................

P e r C ent.

R ev en u e.

7*49 $ 1 ,1 ^ -7 ,4 7 1
1 9 7 ,8 1 7
3*88
2892
8 7 7 ,6 8 6
1- 7 9
1 1 5 ,8 2 4
15*60
1 ,2 8 7 ,5 0 6
6 5 ,2 4 1
0 -9 6
177
2 2,1 8 7
28 5 ,5 4 2
0 -8 1
0 '4 8
3 4 ,5 0 5
32 5 14
9 ,5 1 0
5 -2 2
7 9 ,7 7 1
0 -8 3
v 6 ,4 5 8
3 04
2 9 3 ,6 5 0
1 ,4 0 6
003
2 4 8 ,1 6 7
5*58
1 6 ,0 8 4
0 09
6 1 ,8 7 8
0*31
8 6 ,6 0 9
109
2 1 ,0 6 4
0 -1 5
6 6 ,6 7 0
0 -5 1
6 ,5 3 4
006
1 0 ,5 4 1
0 -1 4
52^ 951
0 -7 7
3 .4 8 4
0 -1 4
2 7 ,5 5 0
1 -0 8
1-07
9 8 ,3 2 8
3 3 ,0 8 4
0 -8 9
2 6 ,2 5 7
0 -2 1
3 3 ,2 2 4
0*23
1 2 7 ,3 0 9
0 99
2 3 ,5 8 9
0*17
3 0 9 ,4 5 8
9*07
2 3 1 ,0 4 1
2 -3 7
66
002
3 ,1 7 2
0*15
126
000
10000

P er C en * !
49
14
54
3G
79
26
95
10
26
50
20
79
71
38
55
24
43
41
01
67
86
07
87
45
41
85
87
32
20
69
24
99
59
00
98
17

$ 0 , 1 8 1 ,7 7 7 3 4

T on s.

P e r C e n t.

R even u e.

P e r C en t

04*20
1-29
0 -4 3
4 -7 5
0401
0 -2 6
100
10*3 4
1 -0 8
O il
0*17
0 -8 6
006
0 -4 5
1 -5 9
0 ‘53
0 -4 2
0 -5 4
206
0 -3 8
501
3 -7 4
000
0 -0 5
000

2 0 ,4 5 4
596,9 2 0
3 1 ,9 5 7
8 2 ,2 3 0
1 5 ,7 7 1
6 1 ,1 6 8
o4 ,0
l 85
90 9 °7
i ;3 8 8
4 ,7 9 8
2 41 0,7 6 9
2 ,2 8 6
6 ,3 0 5
652
3 ,3 2 1
2 8 ,8 1 9
1 ,2 2 3
16^ 259
1 5 ,8 1 7
1 0 ,0 2 4
2 ,3 6 3
2 ,1 7 1
1 9 ,9 6 7
3 ,6 4 8
6 7 ,7 7 6
3 4 ,9 1 1
887
8 ,1 1 2
147

801
4 -3 4
3 2 -9 2
2 -2 6
1 5 -7 8
121 -1 8
01-85
4 -7 5
0 -9 1
3 '5 3
0 -2 4
5*25
0 -0 8
0 -2 8
1 -2 6
0 -1 3
0 -3 6
0*0 4
0 -1 9
1 -6 6
007
094
0 -9 1
0 58
0 -1 4
0 -1 2
1 15
0 -2 1
3 -9 1
202
0 -0 5
0 -4 7
001

$ 9 8 8 ,4 8 8 3 4
1 4 8 ,9 9 6 3 7
7 2 1 ,8 7 4 1 8
1 0 2 ,4 2 7 5 7
1 ,1 4 2 ,0 5 0 8 4
6 550,1 7 9 7 7
1 0 373,3 1 5 6 9
8 8 ,0 6 5 7 4
3507,8 7 4 51
1 1 1 ,5 5 5 0 8
4 8 ,5 5 6 1 2
3 1 ,9 8 3 9 6
2 4 6 ,1 9 2 4 3
6 ,2 0 7 6 3
2 1 0 ,7 1 4 9 0
1 4 ,8 2 7 12
4 4 ,6 5 4 4 4
8 3 ,9 7 6 5 7
1 2 ,2 8 2 2 0
3 8 ,8 7 9 69
2 ,8 8 1 5 6
9 ,2 1 4 8 0
6 7 ,0 2 6 2 6
1 ,0 6 2 91
1 1 ,9 9 7 01
7 3 ,2 1 8 9 5
2 1 ,1 7 2 8 6
1 4 ,6 7 7 5 9
1 3 ,2 1 5 9 7
1 1 7 ,3 5 0 25
1 8 ,3 0 6 12
1 4 1 ,0 3 7 2 9
1 4 9 ,1 5 9 6 9
81 79
8 .7 8 3 1 0
322 31

2 0 -2 0
3 -0 4
1 4 -7 5
209
2 3 -3 3
12 - 19
1 -8 0
P '6 3
2 -2 8
0 -9 9
0 -6 5
503
013
4 -3 1
0 -3 0
0 -9 1
1 -7 2
0 -2 5
0 -7 9
006
0 -1 9
1 -3 7
0 -0 2
0*25
1 -5 0
0 .4 3
0 -3 0
0 -2 7
2 -4 0
0 -3 7
2 -8 8
3 ’0 5
0 -0 0
018
001

10000

1 ,7 3 1 .6 9 4

10000

$ 4 ,8 9 4 ,6 1 1 61

10000

193 -2 0 1
1 4 -2 0
1 -8 7
20-

1 3378 ,7 0 9
7 5 ,1 2 6
5 7 0 ,0 3 5
3 9 ,2 2 7
2 8733 ,2 1 7

2 -7 9

33

THE

432

C H R O N IC L E .

[VOL. L X V l l

S T A T E M E N T O F A P P L IC A T IO N O P N E T IN C O M E A N D R E C E IP T S F R O M A L 1 , O T H E R S O U R C E S . F R O M
J U L Y 12, 183 6, T O JU N E 30, 189 8,
S h o w i n g p a r v a l u e o f s e c u r it i e s s o l d , ttud I n c lu d in g i n e x p e n d i t u r e s t h e d i s c o u n t t h e r e o n .

R E C E I P T S I H O il A L L S O U R C E S .

E X P E N D IT U R E S .

A s s e t s i n E x c e s s o f L U ib liit le s J u l y 1 2 ,
1 8 8 0 , f r o m R e c e i v e r o l d c o m p a n y ...........
R e c e iv e d
fro m
R e o r g a n is a t io n
C om u t ie r .
C a p it a l S to o ls , C o m m o n ............................
C a p it a l S to o ls , P r e f e r r e d .......... ...................

# '1 1 9 ,0 5 0 0 0
2 ,0 3 1 , 7 9 2 0 0

C a s h ...................................................................

1 ,1 0 5 ,0 4 0 0 2

# 5 1 6 ,1 8 0 2 0

3 ,3 5 8 ,8 9 1 0 2

R e n e w a l F u n d p r o v id e d fro m In co m e
(s e e c o n t r a ) ........ ................................ ..................
B o n d C o n v e r s io n F u n d p r o v id e d fr o m
I n c o m e (s e e c o n t r a ) ..........................................

;

E q u ip m e n t , a s p e r B a la n c e S h e e t ............... $ 4 , 1 8 5 ,1 4 1 12
L eas th a t a c q u ir e d fro m th e o ld oom p a n y ......................................................................
2 , 7 3 5 ,2 7 5 9 2
L e a v in g N e t I n c r e a s e o f E q u i p m e n t .........
E x p r e s s E q u i p m e n t ............................................

C o n s o l i d a t e d M o r t. 4 p e r c e n t B o n d s
i s s u e d . . ........................................... ...................... . $ 6 , 0 7 5 ,0 0 0 0 0
I m p r o v e m e n t M o r t. 5 p e r c e n t B o n d s
I s s u e d ......................................................................... 8 , 1 0 3 ,5 0 0 0 0

S u r p lu s J u n e

C o n s t r u c t i o n o f B r a n c h e s ...............................
$ 7 ,9 9 6 ,9 1 * 1 5 6
B e t t e r m e n t s — G r o s s c h a r g e s t h e r e t o ........$ 1 0 ,3 5 0 ,1 6 7 3 3
LCsa A m o u n t p r o v i d e d f r o m I n c o m e . .
1,17 * 1 ,7 7 0 2 6
9 ,1 7 * 1 ,6 9 7 0 7

1 -1 ,1 7 8 ,5 0 0 0 0

4 5 3 ,0 6 9 7 1
4 7 3 ,0 6 9 7 1

2 0 ,0 0 0 0 0

Real Estate.....................................................

1 , 3 9 9 ,8 6 5 2 0
5 0 ,0 0 0 0 0
1 3 ,1 6 2 2 6

B a la n c e C u r r e n t A s s e t s in E x c e s s o f
C u r r e n t L i a b i l it i e s i n c lu d in g t h e r e in
# 4 5 3 ,0 6 0 7 1 S p e c i a l R e n e w a l F u n d
(s e e c o n t r a ) a l r e a d y I n v e s t e d , a n d
$ 2 0 ,0 0 0 S p e c i a l B o n d C o n v e r s i o n F u n d
( s e e o o n t r a ) ...........................................................

2 ,1 6 8 ,7 0 9 3 8

2 , 2 7 6 ,1 0 7 5 4

30. 1898

$ 2 0 ,8 0 3 ,3 4 8 4 7

B U FFA LO R O C H E S T E R & P I T T S B U R G
R A IL W A Y C O M PA N Y.
T H IR T E E N T H

ANNUAL

REPORT

FOR

THE

YEAR

E N D I N G J U N E 3 0 , 1898.
T h e D ir e c to r s o f
th e B u f fa lo R o c h e s t e r &
P it t s b u r g
R a i l w a y C o m p a n y s u b m i t to th e s to c k h o ld e r s th e f o llo w in g
r e p o r t f o r th e y e a r e n d i n g J u n e 3 0 , 1898 :

$ 2 0 ,8 0 3 ,3 4 8 4 7
P A S S E N G E R E A R N IN G S .

T h e a v e r a g e r a te r e c e iv e d p e r p a s s e n g e r p e r m ile in c r e a s e d
3 -1 00 o f a m i ll, b e in g 2 1 01-1000 c e n t s , a s a g a in s t 2 158 -1 0 00
c e n ts a y e a r a g o .
T h e a v e r a g e d is ta n c e e a c h p a s s e n g e r w a s
c a rrie d in c r e a s e d 66-100Jof a m ile , b e i n g 2 2 1 7 -1 0 0 m ile s , a s
a g a in s t 21 5 1-100 m ile s la s t y e a r .
T h e in c r e a s e d n u m b e r o f
p a sse n g e rs c a r r ie d , w ith th e s m a ll a d v a n c e i n t h e a v e r a g e
ra te a n d d is ta n c e c a r r ie d , i n c lu d in g s m a ll in c r e a s e s in m a i l
e a r n in g s , e t c ., p r o d u c e d a g a in in r e v e n u e o f $ 2 2 ,9 0 2 40.
T h e i m p r o v e m e n t , t h o u g h s li g h t , d o u b t le s s m a r k s th e
c lo se o f a p e r s is te n t d e c lin e t h a t h a s b e e n in p r o g r e s s e v e r
s in c e th e W o r l d ’s F a ir b u s in e s s o f 1893.

G r o s s e a r n in g s .......................................................................................... $ 3 ,7 0 6 ,1 0 4 63
A g a in s t last year_____ ______________
3,347,276 03 P a s s e n g e r s c a r r i e d ................................................................................. 7 3 3 ,2 0 8

L a s t y e a r ........................................................- ............................................ 7 1 4 ,8 2 7

An Increase of 10’72 per oent, or.............................—

$358,828 60

A n I n c r e a s e o f 2 - 5 7 p e r c e n t , o r .............................................

O p e r a t i n g e x p e n s e s ........................................................................................$ 2 , 3 6 6 ,4 1 5 0 5
A g a i n s t l a s t y e a r . ....................................................
2 ,2 5 3 ,4 5 4 1 7

1 8 ,3 8 1

EXPENSES.

T h e o p e r a tin g e x p e n s e s , n o t i n c lu d i n g $ 13 2 ,8 5 8 48 e x t r a o r ­
e x p e n s e s a n d im p r o v e m e n t s , in c r e a s e d 5-01 p e r c e n t ,
or $ li 2 ,9 6 0 8 8 , o f w h ic h $ 9 8 ,7 5 2 52 is f o u n d in c o n d u c t i n g
Net earnings.................... . . . ____________ _______ __________ $1,339,689 58 tr a n s p o r ta tio n a c c o u n t , a r is in g f r o m t h e in c r e a s e d to n n a g e
A g a i n s t l a s t y e a r ............................................................................................. 1 , 0 9 8 ,8 2 1 8 6
o f th e y e a r .
An Increase of 22-48 peroent, or........................................... $245,867 72 T h e a v e r a g e n u m b e r o f t o n s c a r r ie d o n e m i l e p e r tr a in
m ile w a s in c r e a s e d 3 0 , b e in g 320 n o w , a s a g a in s t 2 96 a y e a r
C o s t o f o p e r a t i n g , n o t i n c l u d i n g $ 1 3 2 ,8 5 3 4 8 e x t r a ago.
i o r d i n a r y e x p e n s e s a n d i m p r o v e m e n t s ...........................j— 6 3 -8 5 p e r c e n t
T h e a v e r a g e c o s t p e r to n p e r m ile w a s 2 62 1 00 m i lls , b e i n g
A g a i n s t l a s t y e a r _______ _________ ________________ _____________6 7 -3 2 p e i c e n t
52-100 o f a m ill le ss t h a n la s t y e a r .
T h e im p o r ta n t- im p r o v e m e n t s m a d e in t h e p h y s i c a l c o n d i­
A d e c r e a s e o f ...................................................................................... 3 -4 7 p e r o e n t
tio n o f th e r o a d a n d its e q u ip m e n t h a v e b e e n t h e c h i e f f a c ­
F r o m t h e n e t e a r n in g B ............................................................................$ 1 ,3 3 9 ,6 8 9 5 8
to rs in a t t a i n i n g th e s e r e s u lts .
are to b e d e d u cte d :
T h e n e w v i a d u c t o v e r th e C a t t a r a u g u s C r e e k , o n th e B u f ­
I n t e r e s t o n f u n d e d d e b t ........................................... $ 6 6 5 ,9 6 5 5 6
f a lo D iv is io n , w a s c o m p le t e d d u r in g t h e y e a r .
Its to ta l
I n t e r e s t o n f lo a t i n g d e b t .........................................
4 ,2 6 5 7 2
E r i e R R . C o . — R e n t a l o f t r a c t .............................
3 5 ,4 6 4 0 3
c o s t, $ 1 0 4 ,3 8 4 04, w a s c h a r g e d to e x t r a o r d in a r y e x p e n s e s a n d
O le a r D e ld & M a h o n i n g R v . O o .— R e n t a l o f
im p r o v e m e n ts .
t r a c t .........................................'......................................
7 1 ,5 1 6 6 7
B e s id e s s h o r te n in g th e m a in lin e 4 -1 0 0 o f a m ile th e g r a d e
M a h o n i n g V a ll e y R R . C o . — R e n t a l o f t r a c t .
1 5 ,0 0 0 0 0
w a s r e d u c e d f r o m o n e p e r c e n t t o s ix -t e n t h s p e r c e n t , th e
T a x e s ...... ............................................................................
6 2 ,3 0 3 0 4
E x t r a o r d i n a r y e x p e n s e s a n d i m p r o v e ’ t s . . . 1 3 2 ,8 5 3 4 8
c u r v a tu r e le s s e n e d 146 d e g r e e s a n d a s tr u c t u r e p r o v id e d
c a p a b le o f c a r r y in g o u r h e a v ie s t r o lli n g s t o c k w i t h s a f e t y .
T o ta l d e d u ctio n s
9 8 7 ,3 6 8 5 0

An increase of 5-01 percent, or............................................. $112,960 88 d in a r y

ROAD
P r o f i t . .............................................................................................................
A g a i n s t l a s t y e a r .....................................................................................
A n I n c r e a s e o f 5 2 -5 9 p e r o e n t , o r.

$ 3 5 2 ,3 2 1 0 8
2 3 0 ,8 8 7 1 3
$ 1 2 1 ,4 3 3 9 5

A f t e r m e e t i n g th e fix e d lia b ili t ie s o f t h e y e a r , e x p e n d in g
$ 1 3 2 ,8 5 3 48 fo r e x tr a o r d in a r y e x p e n s e s a n d im p r o v e m e n ts ,
a n d p a y in g t w o d iv id e n d s o f o n e p e r c e n t e a c h , a m o u n t i n g
t o $ 1 2 0 ,0 0 0 , on th e p r e fe r r e d c a p ita l s to c k , th e r e r e m a in e d a
s u r p lu s o f $232,321 08 to b e c a rr ie d to the. c r e d it o f p ro fit a n d
lo s s a c c o u n t .
F R E IG H T E A R N IN G S .

T h e a v e r a g e ra te r e c e iv e d p er to n p e r m ile d e c re a se d
5 7*100th s o f a m i l l , b e i n g 4 2 3-100 m i lls , a s a g a in s t 4 8 0 - ’ 00
m ills a y e a r a g o .
T h e a v e r a g e d is ta n c e e a c h to n w a s h a u le d
d e c r e a s e d 6 49-100 m ile s , b e in g 125 03-100 m ile s , a s a g a in s t
131 5 2-100 m ile s la s t y e a r .
N o t w it h s t a n d in g th e s e a d v e r s e
c o n d i tio n s , th e r e w a s a g a in o f $ 8 5 0 ,80 7 01 in t h e g r o ss fr e ig h t
r e v e n u e , a r is in g fr o m th e in c r e a s e d t o n n a g e , w h ic h m o r e
t h a n o ffs e t t h e lo ss in r a te a n d t h e s h o r te r d is ta n c e c a r r ie d .
T h e r e v e n u e to n n a g e m o v e d w a s :
B i t u m i n o u s c o a l .................................................................
L a s t y e a r ..................................................................................
A n i n c r e a s e o f 3 8 * 7 0 p e r c e n t , o r .........
C o k e ............................................... ......................................... .........
L a s t y e a r ..................................................................................
A n in c re a s e o f 27*14 p e r c e n t, o r . . . . .
O t h e r f r e i g h t .........................................................................
L a s t y e a r ............................................................................... .. .........

1 ,1 4 3 ,2 6 8
5 4 8 .2 3 1
1 1 7 ,0 1 3
0 9 2 ,3 8 8

A n I n c r e a s e o f 2 4 2 6 p e r o e n t , o r ........
G r a n d t o t a l t o n n a g e ......................................................... .........5 ,8 7 4 ,1 7 3
B a s t y e a r ................................................................... .............. .........4 ,3 7 3 ,1 8 8
A n I n o r o u s e o f 3 4 - 3 2 p e r o e n t , o r ...................

2 4 0 ,7 0 4

OPERATED.

1898.

1897.

M ile s .
M a m l in e o w n e d .....................................2 3 6 5 6
B r a n o h e s o w n e d ..................................... 1 4 -5 0
T h r e e p r o p r i e t a r y r o a d s ..................... 3 0 9 3
T w o le a s e u r o a d s ..................................... 2 7 - 7 6
T r a c k a g e r i g h t s ....................................... 2 6 - 2 0

M ile s .
2 4 0 09
13"6 8
3 0 -9 3
2 7 -7 6
2 6 -2 0

L e n g t h o f r o a d o p e r a t e d ..................3 3 5 -9 5
S i d i n g s ........................................................... 1 6 3 1 2

3 3 8 -6 6
1 4 3 -8 8

T o ta l i u lle s o ft r a c lt «x »c r-..4 8 9 - 0 7

482*54

T o t a l m l l e s l a i d w it h s t e e l r a i l s . . .4 6 4 - 0 7
T o t a l tu lle s l a id w i t h i r o n r a i l s ___ 2 5 - 0 0

4 5 4 -5 4
28*00

In-

De-

crea se.
...........
82
...........
...........
...........

crea se.
3 -5 3
...........
...........
...........
...........

...........
9 -2 4

2 -7 1
...........

6*53
9 -5 3
----------

T h e d e c re a s e in th e le n g t h o f r o a d o p e r a te d a r is e s f r o m t h e
s tr a ig h te n in g o f t h e a li g n m e n t a t L a n e s M ills , P a ., a n d
C a tta r a u g u s V i a d u c t , N . Y .
T h e s id in g s w e r e in c r e a s e d 6 -4 2 p e r c e n t , or 9 -2 4 m ile s ,
m a k in g th e r a tio o f s id in g s to r o a d o p e r a te d a t p r e s e n t t im e
45-58 p e r c e n t , a s a g a in s t 4 2-49 p e r o e n t la s t y e a r .
C O N S T R U C T IO N .

T h e f o l lo w i n g a m o u n ts w e r e c h a r g e d t o t h is a c c o u n t :
F iv e n e w b r i d g e s ...................................................... . .................................
$ 3 ,1 1 9 11
F illin g e l e v e n t r e s t l e s —t w o - t h i r d s c o s t ...........................................
4 ,!) 4 2 5 6
R e - la v in g t r a c k w it h h e a v y s t e e l r a i l s .............................................
2 0 ,6 8 1 6 5
L a n d a n d l a n d d a m a g e s ..........................................................................
1 2 ,5 9 1 3 2
N e w p a s s e n g e r a n d f r e i g h t s t a t i o n s ..................................................
2 ,7 7 9 15
N e w t u r n t a b l e s a n d s h o p s t o r e h o u s e s .............................................
6 ,( 5 1 7 9
O th e r b u i l d i n g s ...............................................................................................
3 ,6 6 0 5 3
N e w s h o p s , t o o l s a u d m a c h i n e r y .........................................................
3,-<95 1 3
A d d it i o n a l f a c i l i t i e s —B u ffa lo d o c k s a n d t r e s t l e s .....................
1 1 ,7 5 9 5 4
S id in g s a n d y a r d e x t e n s i o n s ................................................................
4 7 ,3 5 9 51
O u b ort' H u e — L a n e s M ills . P a .................................
1 7 2 ,2 1 4 7 3
O v e r h e a d i - r n s s i n g - B i i f f a l o T e r m i n a l B y . —W e s t S e n e c a ,
N. Y.. one-half c o s t ...............
18,459 59
S u n d r y u iiB e e lla u e o n s i t e m s .................................................................
2 ,3 9 1 3 2

1 ,5 0 0 ,9 8 5

T o t a l ..................................................... J...................................................... $ 3 0 9 ,9 0 4 9 3

B i t u m i n o u s c o a l a n d c o k e fu r n is h e d 7 9-01 p e r c e n t o f t h e
to ta l to n n a g e .
L u m b e r , g r a in , p ig ir o n , s a lt , m e r c h a n d is e a n d ore l a r g e ly
in c r e a s e d ; w h ils t v e g e t a b le s , f r u it s a n d b r ic k s l i g h t ly d e ­
c r e a s e d — t h e n e t r e s u lts g i v i n g a g a in o f 2 4-26 p e r c e n t in
o t h e r f r e ig h t .

D u r i n g th e y e a r 49 2 4-10 0 m ile s o f m a in t r a c k w e r e re la id
w ith s ta n d a r d r a ils , w e i g h i n g 80 lb s . t o t h e y a r d , m a k in g a
to ta l m ile a g e o f 225 8 8-10 0 m ile s , o r 7 2-92 p e r c e n t o f th e
to ta l r o a d m ile a g e o p e r a te d , e x c lu s iv e o f t r a c k a g e r i g h t s ,
n o w e q u ip p e d w it h t h e h e a v y r a il, a s a g a in s t 5 6-53 per c e n t
la s t y e a r .
T h e v a lu e o f th e d iffe r e n c e in w e i g h t o f th e n e w

THE

August 27, 18t8,j

C H R O N IC L E .

Tail

4 33

o v e r t h a t r e p la c e d w a s c h a r g e d t o c o n s tr u c tio n a c ­
c o u n t , t h e r e m a in in g c o s t b e i n g d e b it e d t o o p e r a tin g e x ­
p en ses.
B e s id e s r e d u c in g th e g r a d e s , c u r v e s , a n d e li m in a t in g lo n g
t r e s t le s , t h e m a in lin e w a s s h o r te n e d 3 4 9-10 0 m ile s b e tw e e n
F a lls C r e e k , P a ., a n d L a n e s M ills , P a ., b y t h e c o m p le tio n o f
t h e c u t -o f f lin e a u t h o r iz e d la s t y e a r .
B y a n a g r e e m e n t , y o u r ro a d w a s e le v a te d a t W e s t S e n e c a ,
N . Y . . t o cr o ss t h e T e r m in a l R y . o f B u ffa lo o v e r -h e a d , e a c h
ro a d b e a r in g o n e -h a lf th e e x p e n s e . T h e g a in to o u r c o m ­
p a n y is i n t h e s a v in g o f a g r a d e c r o s s in g a t a b u s y p o in t a n d
a d e c id e d b e t t e r m e n t o f th e lin e .

A $ 2 ,5 0 0 00 m o r t g a g e w a s a s s u m e d i n t h e p u r c h a s e o f
la n d s d u r in g th e y e a r .
T h e n e t r e s u lt is a n in c r e a s e o f $ 26 1 ,50 0 00 in th e b o n d e d
d e b t o f th e c o m p a n y .

E Q U IP M E N T .

R O C H E S T E R & P IT T S B U R G C O A L & IR O N C O M P A N Y .

D IV ID E N D S .

D iv id e n d s o f o n e p e r c e n t e a c h o n th e p r e fe r r e d c a p ita l
s to c k w e r e p a id o n A u g u s t 1 6 th , 1897, a n d F e b r u a r y 1 5 th ,
1898.
S in c e th e c lo se o f th e fis c a l y e a r y o u r B o a r d o f D ir e c to r s
h a s d e c la re d a n o th e r d iv id e n d o f o n e p e r c e n t o n th e p r e ­
fe r r e d c a p ita l s to c k , p a y a b le A u g u s t 1 5 th . 1898.

T h e r e w a s e x p e n d e d fo r n e w r o lli n g s to c k a s f o l l o w s :

T h e o p e r a tio n o f t h e R o c h e s t e r & P it t s b u r g h C o a l & I r o n
T w e l v e l o c o m o t i v e s ..................................................................$ 1 2 4 ,9 1 1 4 8
C o m p a n y fo r th e fis c a l y e a r , a f t e r d e d u c t in g $’5 6,9 9 9 96 b o n d s
F i v e h u n d r e d a n d fiv e f r e i g h t c a r s ......................... 3 1 8 ,3 2 7 6 3
th a t w e r e p a id o ff o u t o f t h e n e t e a r n in g s , s h o w s a p ro fit o f
T e n C o m p a n y ’ s s e r v i c e c a r s . . . ...........................
1 0 ,5 2 9 0 5
$ 16 4 ,58 4 3 2, a g a in s t $ 1 7 8 ,98d 10 o f la s t y e a r , a d e c r e a s e o f 8 ’ 04
A ir -b r a k e s , a u to m a tic c o u p le r s a n d o th e r b e t ­
t e r m e n t s _________________________________
3 0 ,9 1 1 7 1
p e r c e n t, or $ 14 ,3 95 78. A g a i n s t t h is p ro fit th e c o m p a n y
---------------------- $ 4 8 4 ,5 8 9 8 7
c h a r g e d $ 16 3 ,97 8 71, b e in g th e e n tir e a m o u n t e x p e n d e d
O f th e a b o v e e q u ip m e n t, five f r e i g h t c a r s a n d
d u r in g th e y e a r fo r m i n i n g m a c h in e r y , b u ild in g s , e q u ip ­
n in e s e r v ic e c a r s w e r e b u ilt a t th e C o m p a n y ’s
m e n t , a n d t h e d e v e lo p m e n t o f m in e s , le a v in g a b a la n c e o f
s h o p s.
$605 61, w h ic h w a s c a r r ie d t o th e c r e d it o f its p ro fit a n d lo ss
T h e a c c o u n t w a s c r e d ite d w ith th e fo llo w in g
a c c o u n t.
it e m s fo r e q u ip m e n t c h a n g e d , so ld a n d d e s t r o y e d ,
T h e th a n k s o f th e B o a r d a r e e x te n d e d to th e office rs a n d
c h a r g e d t o o p e r a tin g e x p e n s e s :
e m p lo y e s fo r t h e ir f a i t h f u l a n d e ffic ie n t s e r v ic e s .
T w o l o c o m o t i v e s ....................................................................... $ 1 4 ,8 7 0 0 8
S t a t e m e n t s a n d s t a t is t ic s o f th e o p e ra tio n s fo r th e y e a r
T h r e e h u n d r e d a n d f o u r f r e i g h t c a r s ............................ 1 0 1 ,6 3 4 2 4
are s u b m i t t e d h e r e w ith [in p a m p h le t re p o r t].
T w o C o m p a n y ’ s s e r v i c e c a r s .....................................
1 ,5 2 5 0 0
D e p r e c ia t io n in c h a n g in g c a r s fr o m a h ig h e r
T h e B o a r d r e g r e ts t o a n n o u n c e , s in c e th e c lo s e o f th e y e a r ,
t o a l o w e r c l a s s ................................... ........- ..................
3 ,8 3 0 0 0
th e d e a th o f M r . J a m e s A . R o o s e v e lt , fo r m a n y y e a r s a d i­
----------------------- 1 2 1 ,8 5 9 32
re c to r, a n d w h o a lw a y s to o k a n a c t iv e in t e r e s t in th e a ffa ir s
M a k in g a n e t in c r e a s e o f ..........................................................................$ 3 6 2 ,7 3 0 5 5 o f t h e c o m p a n y .
B y ord er o f th e B o ard ,
I n c lu d e d in th e a b o v e are t w o h u n d r e d a n d f o r t y -f i v e c a r
ARTHUR G. YATES,
t o r n d o w n a t t h e c o m p a n y ’s sh o p s.

President,

D u r in g th e y e a r 519 c a r s w e r e fu r n is h e d w i t h a ir -b r a k e s
a n d 1 ,2 4 2 c a r s fitte d w i t h a u t o m a t ic c o u p le r s.
C O N S T R U C T IO N A N D E Q U IP M E N T .

T h e t o t a l c h a r g e t o c o n s tr u c tio n a n d e q u ip m e n t a c c o u n ts
f o r th e y e a r w a s a s f o llo w s :

CHICAGO

Co n s t r u c t io n :

B u ff a l o R o c h e s t e r & P i t t s b u r g R y . — p r o p e r . ................................... $ 3 0 9 ,9 0 4 93
P r o p r i e t a r y r o a d s ............................................................................
6 ,1 2 9 74 S I X T H
C le a r f ie ld & M a h o n i n g R y ..........................................................................
6 ,8 1 7 0 0
E q u i p m e n t ...............................................................
3 6 2 ,7 3 0 5 5
T o t a l ..............................................................................................................$ 6 3 5 ,5 8 2 22

T h e fo llo w in g fu n d s w e r e p r o v id e d to m e e t th e s e e x p e n d i­
tu re s :

G R E A T W ESTER N
COMPANY.

ANNUAL

REPORT— FOR

E N D IN G J U N E

THE

RA ILW A Y
F IS C A L

YEAR

3 0 , 1898.

To the Shareholders:
T h e D ir e c to r s , in p r e s e n tin g th e s i x t h a n n u a l re p o r t c o n ­
t a i n i n g th e a c c o u n t s fo r th e fis c a l y e a r e n d i n g J u n e 3 0 ,1 8 9 8 ,

C a r t r u s t s s o l d ...........................................
$ 3 5 3 ,0 0 0 0 0
2 , 5 0 0 0 0 c o n g r a tu la te th e p ro p r ie to r s u p o n th e im p r o v e d c o n d itio n o f
M o r t g a g e a s s u m e d o n r e a l e s t a t e p u r c h a s e d ...............................
R e f u n d o f a d v a n c e s m a d e f o r c o n s t r u c t i o n o f C le a r fie ld
th e r a ilw a y a n d tfie b e tt e r re s u lts fr o m o p e ra tio n .
& M a h o n i n g R y ...................................................................................... 1 1 7 ,0 8 8 0 2
D u r in g th e y e a r th e C o m p a n y h a s o p e ra te d 9 2 9 ’51 m ile s ,
F r o m s u r p lu s r a i l r o a d e a r n i n g s ....................................................... 2 1 2 ,9 9 4 2 0
T o t a l ............................................................................................................$ 6 8 5 ,5 8 2 2 2

w h ic h is 1’49 m ile s m o r e t h a n in th e p r e c e d in g y e a r , a n d th e
fig u r e s o f th e la s t y e a r a r e g i v e n f o r c o m p a r is o n :
T h is Y e a r .
$

P r e c e d in g Y e a r .
$

In crea se.
$

.5 ,3 8 6 ,0 4 3 7 9

4 ,6 8 0 ,8 5 9 5 1

7 0 5 ,1 8 4 2 8

. 3 ,7 7 7 ,3 7 2 7 0

3 ,4 2 7 ,5 8 7 8 6

3 4 9 ,7 8 4 8 4

g
1 ,6 0 8 ,6 7 1 0 9
, 1 7 3 ,0 0 0 0 0

1 ,2 5 3 ,2 7 1 6 5
1 5 3 ,0 0 0 0 0

355 399 44
2 0 ,0 0 0 0 0

.1 ,4 3 5 ,6 7 1 0 9

1 ,1 0 0 ,2 7 1 6 5

3 3 5 ,3 9 9 4 4

C L E A R F IE L D & M A H O N IN G R A IL W A Y .

T h is c o m p a n y , a t a m e e t i n g h e ld A p r il 1 4 th . 1898, a u th o r ­
iz e d a n in c r e a s e o f its c a p ita l s to c k fr o m $ 6 5 0 ,0 0 0 00 to | 7 5 0 ,000 00. T h e n e w s to c k w a s so ld o n J u n e 3 0 th , 1898, a t 120
p e r c e n t , r e a liz in g $ 12 0 ,00 0 00.
A f t e r th e r e p a y m e n t o f
$ 11 7 ,08 8 0 2 , th e a m o u n t a d v a n c e d b y y o u r C o m p a n y fo r th e
c o n s tr u c tio n o f th is lin e , th e e x c e s s a m o u n t , $ 2 ,9 1 1 9 8 , w a s
r e s e r v e d to a p p ly o n fu tu r e a d v a n c e s .
T h e a n n u a l r e n t a l o f t h is r o a d w i ll n o w b e $ 7 7 ,5 0 0 00 per
a n n u m , in s t e a d o f $ 71 ,5 00 00 a s f o r m e r ly , y o u r sto c k h o ld e r s
h a v in g , a t a sp e c ia l m e e t in g h e ld A p r il 1 4 t h , 1898, a u t h o r ­
iz e d t h e g u a r a n t y o f d iv id e n d s a t th e r a te o f 6 p e r c e n t per
a n n u m o n th e a d d it io n a l issu e o f $ 1 0 0 ,0 0 0 00 o f s to c k .
A L L E G H E N Y & W E S T E R N R A IL W A Y .

O n J a n u a r y 3 1 , 1898, a c o n t r a c t w a s e n te r e d in t o t o lease
th e lin e o f th is c o m p a n y fr o m P u n x s u t a w n e y , P a ., to N e w
C a s tle , P a ., a b o u t 98 m ile s .
T h is c o n tr a o t w a s r a tifie d a t a
s p e c ia l m e e t in g o f y o u r s to c k h o ld e r s h e ld a t R i d g w a y , P a .,
A p r il 14, 1898.
T h e ro a d is b e in g b u ilt u n d e r th e su p e r v is io n o f th e B u f ­
f a lo R o c h e s te r & P it t s b u r g R a i lw a y C o ., a n d its c o s t is to
b e re p re s e n te d b y 503 o f t>% s to c k a n d 50< o f 1 0 0 -y e a r first
m o r tg a g e i% b o n d s . A c c o r d i n g t o t h e t e r m s o f th e le a s e ,
th e d iv id e n d o n th e s to c k , a n d th e p r in c ip a l a n d in t e r e s t o f
t h e b o n d s , p a y a b le in g o ld , a r e t o b e g u a r a n te e d b y th e
B u f fa lo R o c h e s te r & P it t s b u r g R a ilw a y C o . o n w h a te v e r
a m o u n t o f e a c h w ill b e is s u e d t o p a y fo r th e c o n s tr u c tio n
a n d e q u ip m e n t o f th e ro a d .
T h e a m o u n t o f b o n d s to b e g u a r a n te e d is lim it e d to $ 2 ,5 0 0 .0 00, t o be issu e d o n ly a f t e r t h e p r o c e e d s o f a c o r r e s p o n d in g
a m o u n t o f s to c k a t p a r h a s b e e n e x p e n d e d o n th e ro a d .
T h e A ll e g h e n y & W e s t e r n R a ilw a y C o . so ld $ 2 ,5 0 0 ,0 0 0 o f
its 6 p e r c e n t sto c k a t p a r , a n d th e s a m e a m o u n t o f 4 per
c e n t b o n d s a t 90 per c e n t , t o b e p a id f o r a s re q u ir e d f o r th e
c o n s tr u c tio n o f th e ro a d .
T h e r i g h t t o su b s c r ib e t o f o u r sh a r e s o f A ll e g h e n y & W e s t ­
ern R a ilw a y C o . s to c k , fo r e v e r y tw e n t y -f iv e sh a re s o f
B u ffa lo R o c h e s te r &
P it t s b u r g R a ilw a y C o . s to c k , w a s
offe re d to y o u r s to c k h o ld e r s a n d la r g e ly a v a ile d o f.
T h e ro ad is e x p e c te d t o b e o p e n fo r b u sin e ss in th e sp rin g
o f 1899. I t w ill a ffo r d a W e s t e r n o u t le t fo r c o a l a n d co k e ,
b e sid e s in s u r in g re tu rn lo a d in g o f m is c e lla n e o u s fr e ig h t .
BONDED

DEBT.

$ 94 ,0 09 00 C a r T r u s t b o n d s m a tu r e d a n d w e r e p a id o ff.
N e w s e rie s N o s. 13 a n d 14 w e r e a u t h o r iz e d f o r $ 3 9 0 ,0 0 0 0 0 ,
a n d .$257,000 00 issu e d .
In a d d it io n , th e r e w e r e issu e d
$ 96 ,0 00 00 o f se rie s N o , 1 2 , a u th o r iz e d in 1895, m a k i n g a n e t
in c r e a s e o f $25 9 ,00 0 00 in o u t s ta n d in g c a r tr u s t b o n d s.

The

O p e r a t in g

.
O p e r a t in g E x p 's , p e r m i l e . .
T a x e s p e r m il e ...............
.
N e t E a r n in g s p e r m ile .
.

5 ,7 9 4
4 ,0 6 3
186
1 ,5 4 4

50
83
12
55

7 0 * 1 3 p . 0.

92
44
86
62

750 58
3 7 0 39
21 26
358 93

7 3 - 2 3 p . 0.

D e o . 3 1 0 p . o.

5 ,0 4 3
3 ,6 9 3
164
1 ,1 8 5

T h e G r o s s R e c e ip t s h a v e in c r e a s e d 1 5 ’ 07 p e r c e n t .
T h e N e t E a r n in g s h a v e in c r e a s e d 3 0 ’ 48 p e r c e n t .
T h e F r e ig h t E a r n in g s h a v e in c r e a s e d $ 55 3 ,5 0 5 0 8 , or 1 5 '5 9
p e r c e n t.
T h e P a s s e n g e r E a r n in g s h a v e in c r e a s e d $ 13 7 ,25 3 5 9 , o r 1 4 '6 2
p e r c e n t.
T h e o th e r e a r n in g s h a v e in c r e a s e d $ 1 4 ,4 2 4 6 1 , or 0 ’ 74 p e r
ce n t.
T h e e a r n in g s o n “ f r e i g h t fo r w a r d e d fr o m a n d r e c e iv e d a t
C h i c a g o ” in c r e a s e d $ 11 5 ,1 2 8 3 2 , a n d th e “ o th e r fr e ig h t e a r n ­
in g s ” in c r e a s e d $ 43 8 ,37 7 76. O f th e in c r e a s e in th e p a s s e n g e r
e a r n in g s , $ 6 9 ,2 0 4 42 w a s f r o m c o u p o n tic k e ts a n d $ 68 ,0 49 17
fr o m lo c a l tic k e ts .
T h e p o lic y o f m a k in g lib e r a l e x p e n d itu r e s u p o n th e .p e r m a n e n t w a y a n d t h e r o llin g s to c k h a s b e e n c o n tin u e d .
E v e r y tie m t h e w h o le lin e
a n d a b o u t 95 p e r c e n t o f
a ll t h e b r id g e s h a v e n o w b e e n r e n e w e d , a n d in th e r e n e w a l
m o re th a n h a lf o f th e b r id g e s h a v e b e e n m a d e p e r m a n e n t
w ith e a r th o v e r s to n e a r c h w a t e r w a y s .
D u r in g th e y e a r 226 f r e i g h t c a r s h a v e b e e n p u rc h a s e d to
m a k e g o o d th e c a r s w h ic h h a v e b e e n d e s tro y e d a n d o th e r ­
w ise g o n e o u t o f s e r v ic e s in c e th e o r g a n iz a tio n o f th e c o m ­
p a n y . T h e e n tir e c o s t o f th e s e 226 c a rs is in c lu d e d in th e
o p e r a tin g e x p e n s e s o f t h e y e a r .
A l l th e lo c o m o t iv e s a n d a ll th e c a rs, b o th p a sse n g e r and.
fr e ig h t , h a v e b e e n th o r o u g lv re p a ir e d a n d p u t in first-c la ss
c o n d itio n .
T h e e x p e n d itu r e s fo r O p e r a tin g E x p e n s e s h a v e b e e n :
T h is Y e a r . P r e c e d in g Y e a r .
In crea se.
F o r M a in t e n a n c e o f W a y . . . $ 6 5 3 ,5 6 3 6 3
$ 6 7 6 ,0 2 5 9 5 (let'.$ 2 2 ,4 6 2 3 2
1
3 3 ,2 4 8 6 4
4>
6
,
9
9
'
3
8
F o r M a in t e n a n c e o f E q u i p . . 6 0 0 ,2 4 6 0 2
2 1 2 ,5 1 9 9 4
F o r C o n d u o t ’g T r a n s p o r t 'n .. 2 ,0 0 0 ,9 1 4 4 1 1 ,7 8 8 ,3 9 1 4 7
F o r T r a f f ic A g e n c ie s a n d A d ­
1 3 ,0 3 4 5 7
1 7 9 ,5 5 7 21
v e r t i s i n g .................................... 1 9 2 ,5 9 1 7 8
1 3 ,4 4 4 0 1
3 1 6 ,6 1 2 8 5
F o r G e n e r a l E x p e n s e s ........... 3 3 0 ,0 5 6 8 6

THE

134

C H E O N I OLE.

D u r in g th e y e a r th e r e h a v e b e e n p u r c h a s e d 74 b o s c a r s
a n d 1 0 0 sp e c ia l b a lla st c a r s .
A i r b r a k e s a n d a u t o m a t ic
c o u p le r s h a v e b e e n a d d e d t o 700 f r e ig h t c a r s , a n d th is w o r k
Is n o w p r o g r e s s in g a t th e r a te o f a b o u t 2 5 0 c a r s p e r m o n t h .
T h e t i m e lim it c o n t a in e d in th e A c t o f C o n g r e ss w it h in
w h ic h r a ilw a y c o m p a n ie s a r e re q u ir e d t o th u s e q u ip t h e ir
f r e ig h t e a r s lia s b e e n e x t e n d e d t o J a n . 1. 1900. A t th e e n d
o f t h e fiscal y e a r t h e C o m p a n y h a d 5 0 p e r c e n t o f a ll its
c a r s t h u s e q u ip p e d , a n d it w ill e a s ily c o m p le te th e w o r k
w it h in th e p r e s c r ib e d p e r io d .
T h e to ta l e x p e n d it u r e s o f th e y e a r fo r a d d itio n s t o t h e
e q u ip m e n t a m o u n t to $1$5,6S'7 18.
I n 1895, th e C o m p a n y b e g u n a c o m p r e h e n s iv e p la n o f i m ­
p r o v in g th e tr a c k a n d p e r m a n e n t w a y b y c u t t i n g d o w n
g r a d e s , w id e n in g a n d s t r e n g t h e n in g th e b a n k s , in c r e a s in g
sid e t r a c k s , m a k i n g p e r m a n e n t w i t h e a r th , sto n e a n d s te e l
i t s b r id g e s , a n d th o r o u g h ly b a lla s t in g t h e tr a c k .
S in c e th e n th e w o r k h a s p ro g re sse d s y s t e m a t i c a lly , a n d th e
p r e s e n t s u m m e r w ill n e a r ly c o m p le te th e w o r k th u s p la n n e d
T h ere h as been e xp en d ed u p on th e p erm an e n t w a y :
La
In
In
In

th e
th e
th e
th e

Ils e a l
tlBcul
tls e a l
tls e a l

year
year
year
year

1 S 9 5 ................................................. ..........................
1 8 9 6 ............................................................................
1 8 9 7 ................................. .........................................
1 8 9 8 ............................... ............................................

$ 1 7 0 ,6 5 3 5 6
3 6 3 .8 G -1 1 8
5 2 0 ,4 4 9 3 5
5 6 5 ,3 2 2 6 6

|VOL. L X V I I ,

N u m e r o u s g a n g s o f m e n a n d t e a m s a r e a t w o r k w id e n in g
jth e c u t s a n d s t r e n g t h e n in g th e e m b a n k m e n t s , a n d b a lla s t,
n s o m e p la c e s o f g r a v e l, a n d in o th e r s o f c r u s h e d sto n e is
’ ’e in g p u t u n d e r t h e tr a c k at th e r a te o f a b o u t tw o m ile s p er
day.
E x t e n s iv e fire p ro o f sh o p s b u ilt o f s to n e , s te e l a n d b r ic k ,
ro o fe d w it h tile , a n d e s t im a t e d t o c o s t § 2 5 0 ,0 0 0 , are in
c o u rse o f c o n s tr u c tio n at th e to w n o f O e lw e itt, w h ic h is th e
ce n t re o f t h e s y s t e m .
T h e m a c h i n e r y w ill b e in s t a lle d w it h
e le c t r ic a l tr a n s m is s io n o f p o w e r , a n d it is e x p e c te d t h a t
t h e y w ill be r e a d y fo r o c c u p a n c y e a r ly in 1899.
*

It

*

#

“

#

#

B v o r d e r o f th e B o a r d o f D ir e c to r s .
A . B. S T I C K N E Y ,

«

President,

T A B L E 1 .— D E T A I L S O F G R O S S R E C E I P T S .
T ea r e n d in g
T ea r e n d in g
P .O .o f
E a r n in g t—
Jun e 30, ’97.
J u n e 3 0 ,’ 9 S .
In crea se In crea se.
15*59
F r o m F r e i g h t .......... $ 3 , 5 4 9 , 0 1 0 6 2 $ 1 , 1 0 2 , 5 1 6 7 0 $ 5 5 3 ,5 0 6 0 8
9 3 8 ,5 9 2 1 9
1 , 0 7 5 ,8 4 5 7 8
1 3 7 ,2 5 3 5 9
1 4*6 2
F r o m P a s s e n g e r s ..
F r o m M a l l .................
1 0 1 ,3 1 5 12
27 24
02
1 0 1 ,2 8 7 8 8
8 1 ,0 0 0 0 0
E r o m E x p r e s s .........
7 7 ,7 0 0 0 0
6,7 0 0 0 0
8*11
5 ,2 1 3 6 9
9 ,4 7 4 3 7
F r o m R e n till s ...........
4 ,2 6 0 6 8
81*72
F r o m M ia c e l l a n ’ s . ,
9 ,0 5 5 13
1 2 ,8 9 1 8 2
4 2 *8 7
3 ,8 3 6 69
T o t a l .....................$ 4 , 6 8 0 , 8 5 9 5 1 $ 5 ,3 8 0 , 0 4 3 7 9 $ 7 0 5 ,1 8 4 2 8

T o t a l ......................................................................................................$ 1 ,6 2 0 , 2 8 9 7 5

A s t h e fisca l y e a r e n d s J u n e 3 0 th , in th e m id d le o f th e
s u m m e r s e a s o n , w h e n o n ly w o r k o f th i s n a tu r e c a n be p ro se ­
c u t e d , it is d iffic u lt t o s p e c ify t h e w o r k d o n e in t h e fisca l
y e a r . I t is p a r tic u la r ly d iffic u lt w i t h th e w o r k w h ic h is
g o i n g o n th e p re sen t se a so n , w h i c h is o f s u c h a c h a r a c te r
t h a t , w h ile e a c h p iec e is in p ro g re ss, b u t l it t le is c o m p le te d .
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140 o r d in a r y p ile b r id g e s , 20 im p o r ta n t tr e s tle b r id g e s f r o m
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6 7 6 ,0 2 5
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TABLE III.
IN C O M E A C C O U N T F O R T H E T E A R
O p e r a t in g E x p e n s e s a n d T a x e s ...........................
S( 1 ,9 5 0 ,3 7 2 7 0
R e n t a l C h ic a g o T e r m i n a l s ......................................$ 1 8 6 ,6 2 0 6 4
R e n t a l D e s M o in e s T e r m i n a l s ...............................
1 2 ,2 0 1 5 2
1 9 8 ,8 2 5 .1 6
R e n t a l D u b u q u e B r i d g e ........................................... $ 3 0 ,0 0 0 0 0
R e n t a l o t L e a s e d L i n e s .............................................. 1 3 1 ,7 6 9 0 2
------1 6 1 ,7 6 9 0 2
I n t e r e s t o n E q u i p m e n t L e a s e W a r r a n t s ........
8 8 ,0 1 7 75
I n t e r e s t o n O . S t. P . & K , C . 5 p e r o e n t S t e r ­
l i n g P r i o r i t y L o a n ..................... ........................... 1 4 1 ,1 5 7 5 0
I n t e r e s t o n t h is C o m p a n y 's p r o p o r t i o n aa
j o i n t o w n e r o f t h e B o n d s is s u e d b y t h e S t.
P a u l U n io n D e p o t C o ..............................................
2 ,9 1 7 8 5
I n t e r e s t o n t h is C o m p a n y ’s p r o p o r t i o n a s
j o in t o w n e r o f th e B o n d s is s u e d b y th e
M in n e s o t a T r a n s f e r R a il w a y C o .....................
5 ,6 0 0 0 0
I n t e r e s t o n S t e r l in g L o a n s f o r c a p i t a l i m ­
p r o v e m e n t s ..................................... ............................. 1 0 2 ,5 4 5 1 4
3 4 0 ,2 3 8 2-1
S u r p l u s o v e r a ll c h a r g e s p r i o r t o D e b e n t u r e
S t o c k .................................................................................
7 3 4 ,8 3 8 67

E N D IN G J U N E

30, 1993.

F r e i g h t E a r n i n g s ..................................................... $ 4 , 1 0 2 , 5 1 6 7 0
P a s a e n g e r E a r n i n g s ............................................... 1 ,0 7 5 , 8 4 5 7 8
M a il E a r n i n g s ......................................................
1 0 1 ,3 1 5 1 2
E x p r e s s E a r n i n g s .....................................................
R e n t a l E a r n i n g s ........................................................
M is c e l la n e o u s E a r n i n g s .......................................

8 4 ,0 0 0 0 0
9 ,4 7 4 3 7
1 2 ,8 9 1 8 2
$ 5 ,3 8 6 ,0 4 3 7 9

$ 5 , 3 8 6 ,0 4 3 7 9

$ 5 ,3 8 6 ,0 4 3 7 9

T h e r e h a v e b e e n p a i d t w o s e m i- a n n u a l d i v i d e n d s o f 2 p e r
c e n t e a c h o n th e 4 p e r o e n t D e b e n tu r e S to c k w h io h u n ­
d e r t h e a r r a n g e m e n t e x p l a i n e d in t h e a n n u a l r e p o r t o f
189-1 is e n t i t l e d t o d i v i d e n d s i n o a s li, a m o u n t i n g t o .......... $ 3 9 6 ,5 2 4 0 0
I n a c c o r d a n c e w it h t h e a r r a n g e m e n t o f 1 8 9 4 t h e d i v i ­
d en d s o n th e b a la n c e o f t h e D e b e n tu r e S to c k h a v e b een
p a i d w it h a'orlp, c o n v e r t i b l e i n t o D e b e n t u r e S t o c k a t p a r ,
a m o u n t i n g t o ................................................................................................
8 8 ,8 0 0 0 0
T h e d i v i d e n d s o n t h e $ l 7 7 / ' 0 0 D e b e n t u r e S t o c k , is s u a b le
u n d e r p l a n o f r e o r g a n i z a t io n In e x c h a n g e f o r F ir s t M o r t ­
g a g e B o n d s , h a v e b e e n p r o v id e d fo r , w it h s c r ip , c o u v e r t i b l e i n t o D e b e n t u r e S t o c k a t p a r .....................................................
7 080 00
S u r p l u s .......................................................................... ..................................2 4 2 ,4 3 4 6 7

S u r p lu s o v e r a ll c h a r g e s p r i o r t o D e b e n t u r e S t o o l t .................$ 7 3 4 ,8 3 8 6 7

373 4, ^ 3 8 6 7

$ 7 3 4 ,8 3 8 6 7
T A B L E TV.
G E N E R A L B A L A N C E S H E E T , R E V E N U E A C C O U N T S , .1 O N E 3 0 , 1 8 9 3 .
T e m p o r a r y lu a n t o c a p it a l a c c o u n t s .................
S u n d r y R u sp on s o a c c o u n t s , D r ............................. $ 1 8 5 ,2 2 2 0 4
S u n d r y s u s p e n s e a c c o u n t s , O r ...............................
1 99131
—
C u r r e n t A c c o u n t s R e c e iv a b le .
D u e f r o m a g e n t s a n d c o n d u c t o r s ......................... $ 7 5 ,1 0 8 13
D u e f r o m I n d i v i d u a l s ................................................ 1 3 8 ,7 0 6 12
D u e f r o m o t h e r r a i l w a y c o m p a n i e s ....................
5 8 ,9 0 1 2!)
I n t e r e s t a c c r u e d o n s e c u r it i e s o w n e d ...............
1 ,9 7 9 5 0
B o n d s M in n e s o t a T r a n s f e r U y . C o ......................
3 ,3 3 5 5 7
C a s h o n h a n d ...................................................................
8 7 ,1 5 4 2 8
S u p p l y o f fu e l a n d m a t e r ia l o n h a n d ................. 2 6 5 ,1 8 1 1 0
C a s h In s u s p e n d e d b a n k ............................................
1 8 ,2 3 7 5 5
C a s h In L o n d o n t o p a y I n t e r e s t o n C . S t. P .
A K . C . 5 p e r c e n t S t e r l in g P r i o r it y L o a n , . $ 7 0 ,5 7 8 7 5
C a sh d e p o s ite d t o p a y d iv id e n d o n 4 p e r o e n t
D e b e n tu r e S t o c k , p a y a b le J u ly 1 5 , 1 8 9 3 .. 198, 7 0 4 0 0
-------—
C a s h a n d s c r ip i n L o n d o n t o p a y d i v i d e n d s
fro m J a n . 1 5 ,1 8 9 3 , to J a n . 15, 1 8 0 8 , o n 1
p e r c e n t D e b e n t u r e S t o c k , y e t I s s u a b le in
e x c h a n g e f o r lir s t m o r t g a g e b o n d s .................

$ 1 5 6 ,1 4 1 9 8
1 8 3 ,2 2 8 73

6 1 8 ,9 8 6 5 4

2 6 9 ,2 8 2 7 5

3 3 ,9 4 0 0 0

C u rren t A cco u n ts P a y a b le.
I n t e r e s t m a t u r in g o n b o n d s M in n e s o t a
T r a n s f e r R y ..............................................................
R e n t a l a c c r u i n g t o N o r. P a c . B y . C o ............
T a x e s a c c r u in g , e s t im a t e d .................................
P a y - R o ll s ..'- - .............................................................
it .'.,
V ou ch ers,
C o u p o n s o n C . S t. P . tfe K . O. R y . C o .’ s F i r s t
M o r t g a g e B o n d s , u n p r e s e n t e d . .................
A c c o u n t s P a y a b l e ............. ............................. .
M ile a g e t i c k e t s o u t s t a n d i n g . .............................
I n s u r a n c e c o l l e c t e d n o t e x p e n d e d .................
I n t e r e s t m a t u r in g o u S t e r l in g L o a n s . . .........

# 2 ,3 8 1 3 4
1 1 ,9 8 9 0 3
6 7 ,2 8 8 0 7
2 2 3 ,7 8 3 5 4
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I n t e r e s t p a y a b le J u ly 1, 1 8 9 8 ,
c e n t S t e r l in g P r i o r i t y L o a n .............................
♦ D iv id e n d , p a y a b l e .1 u l y 1 5 , 1 8 9 8 , o n 4 p e r
oent, D e b e n t u r e S t o c k o n w h i c h d i v i ­
d e n d s a r e p a y a b l e in c a s h ...............................
D iv i d e n d s d u o J a n . 1 5 , 1 8 9 3 , t o J a n . 1 5 ,
1 8 9 8 , o n 4 p e r c e n t D e b e n tu re S to c k (n o t
v e t is s u e d , b u t is s u a b l e u n d e r p l a n o f r e ­
o r g a n i z a t io n iu e x c h . f o r 1 s t M . B o n d s ) .
♦ D iv id e n d s p a y a b l e J u ly 1 5 , 1 8 9 7 , p a y a b le
in D e b e n t u r e S t o c k a t p a r o n 4 p e r c e n t
D e b e n t u r e S t o c k , is s u e d a n d is s u a b le
u n d e r p la n o f r e o r g a n i z a t i o n , in e x ­
ch a n g e fo r F ir s t M o rtg a g e B o n d s . . . . . . . .
I n c o m e a c c o u n t .........................................................

$ 1 , 2 9 6 ,5 7 9 9 8
•P a id J u l y 1 5 , 1 8 9 8 .

$ 7 0 ,5 7 8 7 5
1 9 8 ,7 0 4 0 0
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4 35

T A B L E V.
G E N E R A L B A L A N C E S H E E T C A P IT A L A C C O U N T S, JU N E 30, 1S98.
ASSETS.
C o s t o f R o l l i n g S 'o c k o w n e d ...........................$ 2 , 4 8 4 ,5 6 6 5 4
C o s t o f R o l l i n g S t o c k l e a s e d ........................... 1 , 8 7 0 .1 9 1 17
$ 4 , 3 5 4 ,7 5 7 7 1
C o s t o f R o a d ,i n c l u d i n g T e r m i n a l s ,t o J u n e
5 2 ,8 8 8 ,5 8 9 0 5
7 8 ,1 4 3 5 1

3 0. 1 8 9 d .............................................................

O e lw e in s h o p s n o w u n d e r c o n s t r u c t i o n .
F o u r p er ct. D e b e n tu r e S to c k in T re a s u ry
F i v e p . c t . P r e f e r r e d S t o c k A in T r e a s u r y
F o u r p. ct. P r e fe r re d S to ck B in T re a s u ry
C o m m o n S t o c k in T r e a s u r y ............................
D e b e n t u r e S t o c k S c r i p in T r e a s u r y . ........

$ 7 7 ,1 0 0
7 9 ,$ 0 0
9 .6 0 0
1 ,9 7 2
1 ,3 7 0

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1 6 9 ,8 1 2 5 0

M in n e s o t a & N o r t h w e s t e r n F ir s t M o r t ­
g a g e B o n d s i n T r e a s u r y . . . . .........................
O u r in t e r e s t i a C h ic a g o U n io n T r a n s f e r
R a i l w a y ....................................................................
S t o c k o f D e K a lb & G r e a t W e s t e r n R y . . . .
S t o c k s o f O t h e r C o m p a n i e s .............................
C a s h w it h L o n d o n F in a n c e C o m m it t e e . .
C a s h l o a n e d o n d e m a n 1.....................................
C a s h d u e o n s u b s c r i p t ’ n s t o S t e r l in g L o a n .
A c c o u n t s R e c e i v a b l e ...........................................
S u n d r y h o ld e r s o f -4 p e r c e n t D e b e n t u r e
S to c k a n d 5 p e r c e n t P r e fe r re d S to c k A
w h o d i d n o t m a k e a c a s h s u b s c r ip t i o n
o f 1 2 *ji p e r c e n t o f t h e ir h o l d i n g s o f
t h o s e s t o c k s a n d t h e r e f o r e w il l r e c e iv e
D e b e n tu r e s t o c k a t p a r u n til t h e y h a v e
s o r e c e i v e d 1 2 ^ p e r c e n t o f t h e ir h o l d ­
in g s in p a y m e n t o f D iv i d e n d s a s t h e y
m a t u r e .............................................. S e e C o n tr a

5 ,5 1 2 5 0
5 4 ,8 2 7 7 7
1 1 1 ,7 5 3 6 3
5 6 8 ,0 0 5 9 4
$ 3 -> o ,/0 1 3 8
1 0 0 ,0 0 0 0 0
3 3 ,6 9 6 9 7
4 8 4 ,3 9 8 3 5
9 0 ,3 6 9 9 2

2 8 0 ,4 9 0 0 0

L IA B IL IT IE S .
5 % S t e r lin g P r i o r i t y L o a n , C. S t. P . & Iv.
O. R y . C o . ................................................................ $ 2 , 8 2 3 , 1 5 0 0 0
| 7 % E q u ip m e n t L e a s e W a r r a n t s , C. S t. P .
& K . C R y . C o ....................... ......................... 1 , 0 4 2 , 9 " 0 5 9
! 6 % E q u ip . L e a s e W a r r a n t s , C .G .W .R y .C o .
8 0 .0 0 0 0 0
; 5 % E q u ip . L e a s e W a r r a n t s , C .G .W .R y .C o .
9 0 ,3 VS 9 2
-------------------------- $ 4 , 0 3 6 ,4 5 9 51
F o u r p e r c e n t D e b e n t u r e S t o c k o n w h ic h
D iv id e n d s a r e p a y a b l e i n C a s h .................. $ 9 , 9 3 3 , 2 0 0 0 0
F o u r u e r c e n t D e b e n t u r e S t o c k o n w h ic h
D iv i d e n d s a r e p a y a b l e In D e b e n t u r e
S t o c k a t p a r ........................................................... 2 , 2 2 0 , 0 0 0 0
D e b e n t u r e S t o c k S c r i p o u t s t a n d i n g ............
5 9 ,5 1 8 9 9
1 2 ,2 1 4 ,7 1 8 9 9
F i v e p e r c e n t P r e f e r r e d S t o c k A o n w h ic h
D iv i d e n d s a r e p a y a b le i n C a s h .
:
$ 8 ,0 3 1 ,4 0 0 0 3
! F i v e p e r c e n t p r e f e r r e d S t o c k A o n w h ic h
D iv i d e n d s a r e p a y a b l e i n D e b e n t u r e
S t o c k a t p a r ........ ................................................... 3 , 1 2 5 ,6 0 0 0 0
1 1 , 1 6 0 ,0 0 0 0 0
F o u r p e r c e n t P r e f e r r e d S t o c k B .................
7 ,4 4 4 ,1 9 0 0 0
C o m m o n S t o c k .........................................................
2 1 ,2 0 0 .1 1 5 0 0
6 % S t e r lin g L o a n , d u o in 1 9 0 1 .. . £ 2 0 0 , 0 0 0
$ 9 6 9 ,6 9 4 9 6
6 % S t e r lin g L o a n , d u e i n 1 9 0 2 . . . £ 1 0 0 , 0 0 0
4 8 4 ,848 4- t
5 % G . N o t e s , d u e i n ’ 0 3 S t e r l in g .£ 1 8 5 ,6 2 >) 1,1 O .oOOOO
U. S C u r r e n c y . $ 2 0 6 .< 0 0 5
2 ,5 5 4 ,5 4 5 4 2
D u e o n S t o c k C h ic . U n io n T r a n s f e r R y . . .
4 0 ,0 0 0 0 0
T e m p o r a r y L o a n fr o m R e v e n u e A c c o u n t s .
1 5 6 ,1 4 1 9 6
D iv id e n d W a r r a n t s r e d e e m a b l e in D e b e n ­
tu r e 8 to o k , is s u a b le in p a y m e n t o f
D iv i d e n d s o n 4 p e r c e n t D e b e n t u r e
S tock a n d 5 p er ce n t P re fe rre d S tock A .
a s th ey m a tu re , t o h o ld e r s o f th o s e
s to ck s w h o d id n o t m a k e a c a sh su b ­
s c r ip t i o n o f 1 2 »fl p e r c e n t o f t h e i r h o l d ­
in g s o f t h o s e s t o c k s u n d e r t h e t e r m s o f
r e s o lu t io n s a d o p t e d a t a m e e t in g h e ld
in L o n d o n o n A p r i l 2 4 , 1 8 9 4 . . See O o n lr a
2 8 0 ,4 9 0 0 0

$ 5 9 ,0 8 6 ,* 9 0 8 8

$ 5 9 ,0 8 6 ,6 9 0 8 8

N o t e — I n a d d it i o n t o t h e a m o u n t o f S t o c k s s h o w n a s o u t s t a n d i n g , t h e r e is is s u a b le , in e x c h a n g e f o r s e c u r it i e s o f th e C. S t . P . & K . C. R y .
C o ., w h ic h a r e e t ill o u t s t a n d i n g (s e e T a b l e X l i n p a m p h l e t ) :
F o u r p e r c e n t D e b e n t u r e S t o c k .....................................................................................................$ 1 7 7 ,0 0 0 0 0
2 1 2 ,4 0 0 0 0
F i w p e r c e n t P r e f e r r e d S t o c k A .......................................................... .....................................
F o u r p e r c e n t P r e f e r r e d S t o c k B ........ ............................................................................................
4 5 ,0 0 0 0 0
C o m m o n S t o c k ........................................................... ............................................................................. 2 2 6 ,5 7 5 0 0
w h ic h a s is s u e d w i l l b e c h a r g e d t o c o s t o f th e p r o p e r t y .

Petersburg Electric Ry.—Piedmont Traction.—Fare—The Upper Appomattox Co. and the F a r m e r s ’
Loan & Trust Co., it is understood, have united in an a p p lic a ­
tion for a decree ordering the sale of the P e te r sb u r g Electric
Street R y . The mortgage indebtedness is said to be $ 30 ,0 0 0 . At
the sale It is expected the property will be purchased b y the
Piedmont Traction Co. which has just obtained a fra n ch ise
for an electric road through the c ity . W. P . M c R a e is re ce iv er
of the Petersburg Street R y . —V. 66, p. 901.
Rio Grande Western RR.—Dividend on Common Stock
Payable in Preferred Stack.—The company has declared a
dividend of 2 per cent on its common stock, payable at its
office, 11 Broadway, New York, on Sept. 30th, in p re fe rre d
stock at par, to common stockholders of record Sspt. 20
The annual statemsnt is publishsd on a preceding page.
A circular to the stockholders says :
lomre Sale.

.

T h e n e t e a r n i n g s t o r t h e l a s t f is c a l y e a r s h o w a s u r p l u s o f $ 2 2 0 ,0 0 0
b e y o n d th e f u l l 5 p e r c e n t p a id u p o n t h e p r e f e r r e d s t o c k . W h ile th e
e x p e n d it u r e s u p o n t h e p r o p e r t y d a r i n g t h e p a s t y e a r s h a v e b o o n
l ib e r a l , b o t h f o r c u r r e n t m a i n t e n a n c e a n il f o r I m p r o v e m e n t s a n l
b o t t e n n e n t s . l t Is d e e m e d b e s t t o m a k e f u r t h e r o u t l a y s f o r I m p r o v e ­
m e n t s . T h e d i r e c t o r s h a v e t h e r e f o r e d e c i d e d t o m a k e n o c a s h d iv i s i o n
t o t h e c o m m o n s t o c k h o l d e r s , b u t t o m a k e a d i v i d e n d o f 2 p e r c e n t,
p a y a b le in p r e f e r r e d s t o c k a t p a r , a n d s o p r o v i d e
o f cash
t o w a r d s u c h b e t t e r m e n t o u t l a y s . A f u r t h e r s u m o f $ 5 0 . 0 'm Is d ir e c t e d
t o b e c h a r g e d t o p r o t it a n d l o s s f r o m th e b a la u o e t o o r e d it . m a k in g a
t o t a l a m o u n t f o r b e t t e r m e n t s o f $ 2 5 0 ,0 0 0 . O f th is .$ 0 7 ,0 0 0 h a d b e e n
e x p e n d e d u p t o J u n e 3 0 , a n d a p o r t io n o f th e r e m a in d e r h a s b e e n a u ­
t h o r iz e d t o b e e x n o n d o 1 d u r i n g t h e o n r r e n t lls o n l y e a r . — V. 0 6 , p.
1090.

$200,000

Saginaw Consolidated Street Ry.—Union Street Ry.—
—A t Detroit, on petition of th e B u to n
Safe Deposit & Trust Co., mortgage trustee, foreclosure de­
crees have been entered in the United S ta te s C ir c u it C o u rt
against both these companies. The amount due un d er the
mortgage of the consolidated company is sta te d as $-233,719,
subject to receiver’s certificates for $30,000, and u n d e r the
Union Street Railway mortgage as $361,150, s u b je c t to re ­
ceiver’s certificates for $59,000.—V. 65, p. 572; V. 64, p. 1043.
St. Louis Avoyelles Southwestern RR.—Sold.—T h e
properly was sold on Aug. 20 by order o f th e U n ite d
States Court, and was bid in by Emile Cahlback fo r $ 11 0 ,00 0
—V. 62, p, 1179.
St. Paul Union Stock Yards.—Additional Bonds Author­
—At the annual meeting held June 8 ,1 8 9 8 , it ap p ears th a t
Article 4 of the articles of incorporation w a s amended to read
as follows : “ The highest amount of indebtedness o r lia b il­
ity to which said corporation shall at any tim e be s u b je c t is
the sum of $2,000 000.” Mark D. Flower is P r e sid e n t and
A. A. M’Kechnie Secretary of the company.
Staten Island Rapid Transit Rll.—R- orqonization Notice.
—H. L. Horten, Ernst Thalmann, James M. Davis and O. S.
Wood, committee of bondholders, give notice to holders of
income bonds and stock that the time to deposit their bonds
and stock with H. L. Horton & Co. will expire on Sept. 15.—
V. 67, p. 368, 372.
Tarrytown White P lains* Mamnroneck Ry.—New Bonds.
—The Knickerbocker Trui.t Co., the mortgage tru ste e , ad­
vertises that it will pay the interest due S e p t. 1 on th e 5 per
Foreclosure Decree.

&

iz e d .

c e n t first m o r tg a g e g o ld b o n d s d u e M a r c h 1 , 192 8 .
The
lo a n is $ 3 0 0 ,0 0 0 , o f w h ic h $ 1 5 0 ,0 0 0 o u t s ta n d in g .— V . 67, p . 75.
U n i o n P a c i f i c R R .— U n i o n P a c i f i c L i n c o ln & C o lo r a d o
R y .— Sale.—A t th e fo r e c lo s u r e sa le o f th e U n io n P a c ific L i n ­
c o ln & C o lo ra d o R a ilw a y o n A u g . 20, th e p r o p e r ty w a s p u r ­
ch a sed b y F ir s t V ic e -P r e s id e n t C o rn ish a n d A t t o r n e y G r e e r
f o r th e U n io n P a c ific R R . , f o r th e s u m o f $ 1 ,3 0 0 ,0 0 0 .— V . 6 7 ,
p . 3 72, 1 79.
P a c if ic D e n v e r & G u l f R y .—Rumors Regarding
a n n o u n c e m e n t o f th e r e o r g a n iz a tio n p la n is e x ­
p ec te d in th e c o u rse o f th e n e x t te n d a y s.
C u r r e n t go ssip
sa y s th e s to c k is to be asse sse d $ 10 f o r a p o r tio n o f w h ic h
p re fe r re d s to c k w i ll be g iv e n
T h e p re se n t m a r k e t p ric e r e ­
fle cts th e tr e a tm e n t th e c o n s o l. 5s w i ll r e c e iv e . T h e n e t
e a r n in g s are e s tim a te d a t $ 9 ,0 ,0 0 0 to $ 1 ,0 0 0 ,0 0 0 .— V. 6 5 , p,
1190.
U n io n

Plan.—T h e

W a l k e r C o m p a n y .— Foreign Contract.—The c o m p a n y c o n ­
firm s fo r us th e re p o r t th a t it h as re ce iv e d a c o n tr a c t to Eend
to P a ris 1,00 0 m o to r s , 1 ,0 0 0 c o n tr o lle r s a u d 5 00 tr o lle y s , w it h
a u x ilia r y a p p a r a tu s .— V . 6 6 , p . 336.
C e n t r a l .— Forecl mire o f Vnierlying
Mort­
to re o rg a n iz a tio n , a n d in a c c o r d w ith th e
p la n s o f th e R e o r g a n iz a tio n C o m m itt e e , p ro c e e d in g s h a v e
been b r o u g h t in th e D is t r ic t C o u r t a t S t. P a u l to fo r e c lo s e a
m o r tg a g e m a d e b y th e M in n e s o ta , S t. C r o ix & W is c o n s in
R R . C o . o n te r m in a l p ro p e rty in S t. P a u l, d a te d F e b . 1,
1885, fo r $ 40 0 ,00 0 .
C h a rle s F . R a n d o f N e w Y o r k w a s m a d e
re c e iv e r o f th e p ro p e rty c o v e re d .— V . 67, p . 276.
W is c o n s i n

gages.— P re p a ra to ry

— M r. H u m p h r ie s M ille r , o f th e P itts b u r g S to c k E x c h a n g e ,
is is s u in g an in te r e s tin g w e e k ly c ir c u la r r e g a r d in g th e s e c u r ­
itie s d e a lt in o n th e P itts b u r g m a r k e t.
A m o n g th e se are
th e sh ares o f th e v a r io u s W e s t in g h o n s e c o m p a n ie s , th e le a d ­
in g g la s s c o n c e rn s o f th e c o u n tr y an d th e P itts b u r g tr a c tio n
a n d g a s c o m p a n ie s . T h e c ir c u la r , fo r w h ic h n o c h a r g e is
m a d e , w ill b e a p p re c ia te d b y a ll w h o h a n d le s e c u ritie s o f
th is d esc rip tio n .
— T h e B in g h a m t o n ( N . Y . ) R a ilr o a d C o m p a n y has issu e d
fo r th e y e a r 1898 a h a n d s o m e ly p rin te d an d p r o fu s e ly i l l u s ­
tr a te d “ s o u v e n ir ,” d es c rip tiv e o f th e a t tr a c tiv e c ity o f B in g ­
h a m to n an d its su b u r b s , an d a lso o f th e p ro p e rty an d e q u ip ­
m e n t o f th e ra ilro a d c o m p a n y .
A d e c id e d ly p le a sin g im p r e s ­
sion is o b ta in e d b o th o f th e m u n ic ip a lity an d its stre e t r a il­
w a y b y a p eru sa l o f th is u n iq u e co m p ila tio n , G . T . R o g e r s is
P re s id e n t, J . P . E . C la r k e G e n e r a l M a n a g e r a n d J o h n B .
R o g e r s T re a s u r e r o f th e c o m p a n y .
— O n th e la st p a g e o f th e Street R ailway Supplement,
issu ed w ith th is n u m b e r o f th e Chronicle, ap p ears th e a n ­
n o u n c e m e n t o f G u s t a v u s M a a s, w h o m a k e s a sp e c ia lty o f
o u tsid e or m is c e lla n e o u s s e c u ritie s, in -w hich lin e he ran k s as
an a u th o r ity .
— T h e A t la n t ic T r u s t C o m p a n y h a s a p p o in te d M r . Benja''m in S tr o n g , J r ., a n A s s is ta n t S e c re ta ry . M r . S tr o n g w as
fo r m e r ly c o n n e c te d w ith th e b a n k in g h ou se o f M essrs. C u y le r, M o r g a n & C o.

THE

436

C H R O N IC L E .

[Vol. Lxvn.

gltc CommcmaX jinxes.
C OMM E R C I A L

C

O

T

T

O

N

.

F r id a y N ight, August 26, 1898.

EPI TOME.

F r id a y N ig h t , Aug. 26, 1898.
A s a rule business conditions have been reported as fa irly
satisfactory, and merchants in most lines of merchandise
have continued to note a gradually expanding trade, and
confidence in the prospects for a good fa ll business continue
to be quite general. The activity and higher prices for In ­
dustrial shares in the stock m arket is also taken as evidence
showing improved business conditions. A report at the close
of the week that the President bad chosen the Peace Com­
m issioner was a topic of some interest.
Lard on the spot at the Western market ha3 been in fairly
active export demand, but at lower prices. Refiners have
been slow buyers. The close was steady at 5'40c. for prime
Western and 5c. for prime C ity. Refined lard has had a
moderate sale at a decline in values, closing at 5'70c. for re­
fined for the Continent. The speculation in lard for future
delivery has been moderately active. Prices have declined
under general selling prompted by fu ll receipts of swine and
in sym pathy w ith an easier market for corn.

T he Movement of the Crop, a s in d ic a te d b y o u r t e le g r a m s
fr o m th e S o u t h t o -n i g h t , is g i v e n b e lo w . F o r th e w e e k e n d i n g
th is e v e n in g th e t o t a l r e c e ip ts h a v e r e a c h e d 4 0,2 7 3 b a le s ,
a g a in s t 8 ,8 7 2 b a le s la s t w e e k a n d 3 ,88 7 b a le s th e p r e v io u s
w e e k , m a k in g th e t o t a l r e c e ip ts s in c e t h e 1 s t o f S e p t ., 189 7 ,
8 ,648,471 b a le s , a g a in s t 6 ,7 4 5 ,0 7 8 b a le s fo r th e s a m e p e r io d o f
1890-7, s h o w in g an in c r e a s e sin o e S e p .1 ,1 8 9 7 , o f 1 ,9 0 2 ,7 9 3 b a l e s ,
R eceipt* a t—

Sat.

G a lv e sto n .........
T e r . C ity , A c.
N ew O r le a n s ...
M obil© ...............
F lo r id a ,.- .........
S av a n n a h .........
B rtm ew ’ k.&o.
P t. R o y a l, &o.
W ilm in g to n ..,.
W ash’ ton, Ao.
N o r fo lk .............
STp’t N ew s, <feo.
N ew Y o r k . . . . .

T uet.

M on.
963

176

......

......

89
Q

......

1 ,540
1

638
......

Wed.

F ri.

t o t a l.

3 ,6 6 8

1,478

3,01-1

1 0 ,2 3 7

......

......

......

589

Thun.

130
4

178
14

24
32

2 ,5 5 0
54

......

77

400

447

35

498

331

1 ,788

3

498

7

11

34

553

4

1

1

8

17

a .....

2

......

......

......

582

337

..........

..........

416
94

65

B a l t i m o r e ......
PliHadel’ a, &o,.

......

100

1 ,0 0 0

T o t. this w eek

1.415

4 .5 3 8

159

......

1
......

125

151

182

..........

..........

32

48

98
61

26

26

1 ,5 9 2

..........

416
337
61
2 ,7 4 4

2 ,5 3 6

4 ,0 2 9

3 .9 7 1

3 .7 8 4

2 0 ,2 7 3

—

D A IT .T CLO SIN G P R IC K S O P L A R D P U T O K E S .

S a t.
S e p t e m b e r d e l i v e r y ____o . H o L

M on.
5*37

T u es.
5*3 5

W ed .
5*40

T h u rs.
5 37

F rx.
5 35

Pork has had only a lim ited sale, but values have held
steady, closing at $9 50@$10 for mess, $ 11 50@|12 25 for fam­
ily and 811 50<g$13 00 for short clear. Cut meats have been
in fair demand for p ickle ! bellies and firm er, closing at 6 V4 @
TIgC. for pickled bellies, 14@10 lbs. average, 7^@7}£c. for
pickled bams and 4@ lf^c. for pickled shoulders. Beef has
sold slow ly, but prices have not changed, closing at
$9 50(g$9 00 for mess, $9 00®89 50 for packet,$10@$ 11 for
fam ily and
for extra In dia
mess. Beef hams
have been steady at $22. Tallow has been quiet but steady
at 8 3 sc. Oleo stearins has had a lim ited sale and prices have
advanced slig h tly, closing at 5c. for prime C ity. Lard steariue has been easier at O'.'c. for prime C ity. Cotton-seed oil
liad sold slow ly and pi ices have weakened to 23c. for prime
yellow. B ntterh ashad a moderate sale at steady prices,
closing at 14}i(ti 19c. for creamery. Cheese has been quiet
and easier, closing at 6® 8 c. for State factory, fu ll cream,
Fresh eggs have advanced, closing at 15c. for choice Western.
B ra zil grades of coffee have had a fa irly active distrib­
uting sale, an upward tendency to prices stim ulating a de­
mand. Frost reports from Santos and the continued moderate
movement of the crop have been the principal strengthening
features. The m arket for invoices has been fa irly active and
firmer, closing at 6 J£c. for R io No. 7 on the spot. West
India grow ths have been in moderate demand and firm at
9}}c. for good Cncuta. East Indian growths have been quiet
at 24;\ @25c. for standard Java. Speculation in the market
for contracts has been moderately active and at higher
prices. Europe has been a buyer, and there has been some
local buying for investment account. The close was steady
Follow ing are final asking prices:
A u g ........................... 5 -7 0 o . I N o v ........................... 5-KOo. I M a r ...................... 6 2 5 o
S e p t .......................... 5 -7 0 o . D e o ........................ 6 0 0 e . M a y ...................... fi-3 5 e O c t ......................
5 '8 C o . I J a n .................... 6 0 5 e . I J u l y ...................... 6 '5 0 o .

R a w s u g a r s h a v e b een in

dem and

a n d s p a r in g ly o ffe r e d ;

p rices h a v e a d v a n c e d , c lo s in g a t 4 5 -1 6 c . f o r
d e g . te s t a n d 3 1 3 1 6 c . f o r m u s c o v a d o

c e n tr ifu g a ls 96-

8 9 -d e g . te s t.

R t fined

c lo se d a c tiv e a n d s tr o n g ; g r a n u la te d w a s u n c h a n g e d a t 8 % e .
M o la s s e s , s y r u p s a n d sp ice s h a v e b een fir m . T e a s a n d ric e
h a v e b e e n q u ie t.
K e n t u c k y to b a c c o h a s been in s m a ll s u p p ly a n d fir m ly
h e ld . S e e d le a f to b a c c o h a s b een q u ie t b u t s t e a d y .
S a le s
f o r th e w e e k w e r e 1 ,3 0 0 cases.
B u s in e s s in th e m a r k e t fo r S tr a its tin h a s b e e n m o d e r a te ly
a c tiv e , b u t p ric e s h a v e w e a k e n e d s lig h t ly in re sp on se to
e asie r fo re ig n a d v ic e s. T h e c lo se w a s s te a d y a t 1 0 -2 5 @ 1 6 ’3Oe.
I n g o t co p p e r h a s c o n tin u e d in fa ir d e m a n d a n d firm at
fo r L u k e . L a r d h a s h a d a fa ir ly la r g e sale and
p ric e s h a v e a d v a n c e d to 4 15c. f o r d o m e s tic .
S p e lte r h as a d ­
v a n c e d , o w in g to lim it e d o ffe r in g s , c lo sin g £ i r m a t 4 '7 5 @ 4 ,80c.
f o r d o m e s tic .
P ig iron h a s c o n tin u e d to h a v e a fa ir sa le a t
fir m p r ic e s , c lo s in g a t $9 7 5 @ $ 1 1 50 f o r d o m e stic .
R e fin e d p e tr o le u m h as been s te a d y , c lo s in g a t 6 '5 0 c . i n b b ls .,
4 c . i n b u lk an d 7 1 5 c . in c a s e s ; n a p h th a u n c h a n g e d a t 6c.
C r u d e ce rtific a te s h a v e been firm e r, c lo s in g a t 9 9 > ^ c .; c r e d it
b a la n c e s h a v e a d v a n c e d to $ I. S p ir its tu r p e n tin e h a s been
s te a d ie r b u t q u ie t, c lo s in g at 2 8 :V '@ 2 9 l-fc .
R o s in s h a v e b een
q u ie t a n d u n c h a n g e d a t $1 3 0 @ l 35 fo r c o m m o n a n d g o o d
s tr a in e d . W o o l h a s so ld s lo w ly b u t p ric e s h a v e h e ld s te a d y .
H o p s h a v e b e e n firm e r o n re p o r ts o f d a m a g e to th e S ta te c r o p .

......

1,516

T h e f o llo w in g s h o w s t h e w e e k ’s t o t a l r e c e ip ts , th e t o t a l s in c e
d e p t. 1 ,1 8 9 7 , a n d th e s to c k t o - n i g h t , c o m p a r e d w i t h la s t y e a r .
R eceipts to
A u g . 26.

1897-98.
T his
w eek.

1896-97.

S ince Sep.

This
week..

Stock.

S in ce Sep.

1898.

1,1896.
1,1897.
Galveston... 10,237 1,925,038 10,034 1,360,778
26,333
112,751
Tex.C.,Ao,
98,068
NewOrleans 2,550 2,686,604 20,354 2,112,009
53,685
54 363,115
73 291,545
2,779
Mobile.......
118,433
Florida.......
88,525
8avaimah...
8,637
1,788 1,190,253
785 843,238
Br,wiok,<feo.
269,720
177,266
134 398,675
Charleston..
3,651
553 471,994
75,877
P.Royal,Ac.
73,595
17 323,730
Wilmington.
36 234,678
5,963
Wash’n, &o.
1,280
857
Norfolk...... 1,516 588,464
371 704,972
6,030
25,602
19,176
N’portN.,Ao
18
416 121,617
New York...
48,695
53,429
337 224,910
Boston.......
394 162,551
4,700
61
Baltimore..
76,539
3,044
63,405
52,981
Phtladel, Ac. 2,744
87,222
489
10,244
Totals...... 20,273 8,648,471 32,718 6,745,678 183,498

......

1897.
10,275
12,017
1,337
7,706
813
1,163
355
682
37,295
2,00 0

361
2,422
76,426

In o r d e r t h a t c o m p a r is o n m a y b e m a d e w i t h o t h e r y e a r s ,
we g iv e b e lo w t h e t o t a ls a t le a d in g p o r ts f o r s i x s e a s o n s .
Receipts a t 1897.
1898.
1896.
1895.
1894.
1893.
Galves'n.Ae. 10,237 10,061 29,45»
1,602
9,8 L8
4,122
2,550 20,354 14,174
New Orleans
4,044 10,253
3,358
54
73
Mobile........
1,308
358
65
872
Savannah...
364
1,788
735 14,611
s.o :o
7,223
Ohas'ton, Ao
553
131
4,968
82
80S
305
17
Wilm’ton, Ao
36
1,94b
45
10
41
1,516
Norfolk......
1,947
371
51
167
480
19
N. News, Ao.
139
124
22
3,558
All others...
883
8
585
582
1,211
Tot. this wk. 20,273 3 2,71 ft 68,557
6,803 25,173 17,634
Since Sept. 1 8643,471 6745,678 5337,756 7880,494 5981,698 5124,476
T h e e x p o r ts fo r t h e w e e k e n d i n g t h i s e v e n in g r e a c h a t o t a l
o f 21,963 b a le s , o f w h ic h 2 0,2 8 4 w e r e to G r e a t B r it a i n , 137
to F r a n c e a n d 4 ,5 12 to th e r e s t o f th e C o n t i n e n t .
B e lo w
are t h e e x p o r ts fo r t h e w e e k a m i s in c e S e p t. 1 ,1 8 9 7 .
Exports
from —
(Salves t o n .......
T e x . City, &o..
New O rle a n s,.
M obile..............
P e n sa cola.......
Savannah........
B ru n sw ick . . . .
C h a r le s to n ....
Port R o y a l. . . .
W ilm in gton ...
N orfolk ............
N’ port N., &e..
New Y o r k .......
B a ltim o re ,...
P h iladelphia..
Ban Fran., &o.

Week E n din g A ug. 26 , 1898.
E x p orted t o —

From Sept. 1,1897, to A u g. 26,1898.
E x p o rted to—
Great
C onti­ fa ta l
Great
C onti­
France
France
lo ta l.
B rtt’n .
nen t. W eek. B ritain .
n en t.
200

......
.........
4,714
2,076
300
1,000

T o t a l............

20,284

Total. 1896-07.

6.765

707,900
0,868
12,518 1,138,836
154,401
73,888
73,740
157,269
100
100
84,123
...... ......
57,834
117,689
100
100
60,051
13,705
2,887
7,768 373,812
1 2,077 306,911
300
600
94,368
1,600
18,SOI
9,534
954

il.C fll

137

.......
.....
137

200

209,362
122,754

32,517

200
53,798
6,020

439,727 1,506,989
24,896
34,753
816,065 2,378,007
73,574 227,975
39,535 113,423
627,721 784,008
89,756 247,027
236,713 320,830
8,000
05,834
180,367 298,050
41,874 110,025
6,175
20,080
322,537 760,227
125,281
1,650
138,253

224,089
19,954
147,787

4,042 24,903 8,521,825 813,681 3,178,700 7,513,700
18 333 8,021.318 607.201 2.242,225 5 961.247

223 11.355

THE

A u g u st 27, 1898.J

C H R O N IC L E .

I n a d d it io n t o a b o v e e x p o r t s , o u r t e le g r a m s t o -n i g h t a ls o
g i v e u s t h e f o llo w in g a m o u n t s o f c o t t o n o n s h ip b o a r d , ne t
c le a r e d , a t th e p o r ts n a m e d .
W e a d d s im ila r fig u r e s f o r
N e w Y o r k , w h ic h are p re p a re d fo r o u r s p e c ia l u se b y M e s s r s .
L a m b e r t & B a r r o w s , P r o d u c e E x c h a n g e B u i ld i n g .
ON S H IP B O A R D , NO T C L E A R E D F O R —

A u g . 28 at

O th e r
G re a t
B r ita in . F r a n ce . F o reig n

C o a s t­
w is e .

T o ta l.

3 ,3 7 8
1 1 ,8 4 0
N one.
N one.
N one.
N one.
1 ,2 3 l
1 ,0 0 0

N one.
100
N one.
N one.
N one.
N one.
625
N one.

3 ,1 1 8
100
N one.
600
N one.
1 ,0 0 0
1 ,8 0 0
800

N one.
250
N one.
150
N one.
2 ,0 0 0
N one.
N one.

6 ,4 9 6
1 2 ,2 9 0
N one.
750
N one.
3 ,0 0 0
3 ,6 5 6
1 ,8 0 0

5 2 ,1 8 9
1 4 .0 4 3
8 637
2 ,9 0 4
2 ,7 7 9
3 ,0 3 0
4 9 ,7 7 3
2 2 ,1 5 1

T o ta l 1 8 9 8 ...

1 7 .4 49

725

7 ,4 1 8

2 ,4 0 9

2 7 ,9 9 2

1 5 5 ,5 0 6

T o t a l 1 8 9 7 ...
T o t a l 1 8 9 6 ...

3 .2 S 6
2 7 ,7 7 7

2 ,6 2 6
8 ,1 5 4

549
7 ,3 7 5

603
6 ,5 4 4

7 ,0 0 6
4 9 ,9 5 0

6 9 ,3 6 0
1 4 7 ,6 5 8

S p e c u la tio n in c o t t o n f o r fu tu r e d e liv e r y h as b een o n ly
m o d e r a te ly a c tiv e a n d t h e te n d e n c y o f v a lu e s h a s c o n tin u e d
d ow n w a rd .
E a sie r E u r o p e a n a d v ic e s a n d s e llin g f o r fo r e ig n
a c c o u n t h a s b een th e p r in c ip a l d e p r e ssin g fe a tu r e .
The
w e a k n e s s in th e f o r e ig n m a r k e t s , it is s ta te d , h a s b e e n ch ie fly
d u e to th e f r e e r o ffe r in g s b y th e S o u th o f c o tto n f o r sh ip m e n t.
C o n tin u e d g e n e r a lly f a v o r a b le p ro sp e c ts f o r th e g r o w in g
crop h a v e also h a d a s im ila r in flu e n c e .
S a tu r d a y w as
o b se r v e d as a h o lid a y b y th e C o tto n E x c h a n g e .
N e v e rth e le s s
th e re w a s so m e “ c u r b ” tr a d in g a n d p ric es f o r J a n u a r y d e ­
c lin e d 5 p o in ts u n d e r u n e x p e c te d ly w e a k e r a d v ic e s "from
L iv e r p o o l.
M o n d a y th e
m a r k e t w a s w e a k a n d lo w e r .
F o r e ig n a d v is e s w ere d e c id e d ly e a sie r, d u e . i t w a s sta te d to
g e llin g a g a in st firm o ffe r s o f c o tto n f r o m th e S o u th .
T h e re
w a s a ls o a m o d e ra te a m o u n t o f s e llin g in th e lo c a l m a rk e t fo r
fo r e ig n a c c o u n t. T ir e d lo n g s to o w e r e se lle rs t o liq u id a te
a c c o u n ts, p r o m p te d b y th e w e a k e r fo r e ig n a d v ic e s and
f a v o r a b le
cr o p
p ro sp e c ts
a t th e S o u th .
The
close
sh o w e d a d ec lin e
in p ric e s
of
13
to
15
p oin ts
as
c o m p a re d
w ith
la st F r id a y 's
fin a l
fig u re s.
T u e sd a y
th e m a r k e t w a s ste a d ie r.
F o r e ig n a d v ic e s c a m e b e tte r th a n
e x p e c te d , an d th e r e w a s m o d e r a te b u y in g b y b o th lo c a l an d
fo r e ig n sh o rts to c o v e r c o n tr a c ts . T h e r e w a s a lso so m e b u y
in g fo r in v e s tm e n t a c c o u n t, a ttr a c t e d b y th e lo w prices
w h ic h , d u r in g M o n d a y ’s d e c lin e , to u c h e d th e m in im u m record
m a d e fo r th e cr o p of 1 8 9 7 -9 8 .
W e d n e s d a y th e m a r k e t w as
a g a in easier. T h e re w as r e n e w e d g e llin g fo r fo re ig n a c co u n t,
re p o rte d as b e in g a g a in s t fir m o ffers f r o m th e S o u th , and
lo c a l lo n g s w e re se lle rs to liq u id a t e a c c o u n ts. T h e b u y in g
p o w e r la c k e d fo r c e , c o m in g a lm o s t e x c lu s iv e ly fr o m sh o rts
to c o v e r c o n tr a c ts.
T h u r s d a y th e r e w a s a q u ie t m a r k e t and
c h a n g e s in p ric e s fo r th e d a y w e r e u n im p o r ta n t, as neither
b u y e r s n o r se lle rs w e r e a g g r e s s iv e .
T o -d a y th e m a r k e t
o p e n ed a t a s lig h t d e c lin e in re sp o n se to e a sie r f o ie ig n a d ­
v ic e s .
S u b s e q u e n tly , h o w e v e r , r e p o r ts o f h e a v y ra in s in the
A t la n t i c S ta te s s tim u la te d s o m e b u y in g .
T h e clo se sh ow ed
p r ic e s 3 to 4 p o in ts h ig h e r fo r th e d a y .
T h e sp o t m a r k e t d e­
c lin e d %o. on M o n d a y .
T h e clo se w a s ste a d y a t 5 % c . for
m id d lin g u p la n d s.
O n t h e b a sis o f th e r a te s o n a n d o ff m i d d li n g a s e sta b lish e d
b y t h e R e v is io n C o m m i t t e e , th e p r ic e s fo r a f e w o f th e
g r a d e s w o u ld b e a s f o llo w s :
U PLANDS.

S a t,

G o o d O r d i n a r y .................................
L o w M i d d l i n g ....................................
M i d d l i n g ...............................................
G o o d M id d li n g ..................................
M id d li n g F a i r ..................................
GULF.

S T A IN E D .

T n en

W ed

T h .

F ri

4 i*

48l
5<he
.5%
6
6 V

4>*
5 5 ,«
5%
IS
6 7 ,«

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6
6 7 ,.

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5 5 ,,
54,
6
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1*1O il T u c m

5%
6
6L«

B
S a t.

G o o d O r d in a r y ............. .................
L o w M i d d l i n g ....................................
M id d li n g ...............................................
G o o d M id d li n g ..................................
M id d li n g F a i r .......... .....................

n o n

«s

W ed

T il.

F r l.

4%
5®1,
«
64,
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5 * ,.
6
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617,5
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44!
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o
S a t.

L o w M id d li n g ....................................
M i d d l i n g .............................................. r io i i S t r i c t M i d d l i n g ................................. d a y .
G o o d M id d li n g T i n g e d .................

4*8
5 5 ,*
5 113 ,
5%

4 i*
55 ,6

4 i«
55
5 '7 ,
54,

5%

T h e q u o ta t io n s fo r m id d li n g u p la n d a t N e w Y o r k on
A n g . 28 fo r e a c h o f th e p a st 33 y e a r s h a v e b e e n a s fo llo w s .
1 8 9 8 ....0 .
1 8 9 7 ...........
1 8 9 6 ..........
1 8 9 5 ...........
1 8 9 4 ...........
1 8 9 3 ..........
1 8 9 2 ...........
1 8 9 1 ..........

54,
8 l,6
83,
714,9
7
7 i0
7*8
8 1 ,6

1 8 9 0 . . . . 0 . 1 l 3 l6
1 8 8 9 .......... l l ^ a
1 8 8 8 .......... lO^s
1 8 8 7 ........... 913,6
1 8 8 6 .......... 9 %
1 8 8 5 ...........1 0 5 16
1 8 8 4 .......... 1034
1 8 8 3 ...........10*8

1 8 8 2 ....0 .1 2 1 5 ,,
1 8 3 1 .......... 1 2 ia
1 8 8 0 .......... 12
1 8 7 9 .......... 12
1 8 7 8 .......... 1 2 1 ,6
1 8 7 7 .......... 1 0 I5 16
1 8 7 6 .......... 121
1 8 7 5 ...........1 4 ru

1 8 7 4 . ...0 .1 6 4 ,
1 8 7 3 .......... 2 0
1 8 7 2 .......... 2 2
1 8 7 1 .......... 19
1 8 7 0 .......... 19%
1 8 6 9 .......... 3 4 %
1 8 6 8 .......... 30
1 8 6 7 ...........27>a

M AR KE T AND SA LE S.

Sp o t M a r k
Clo sed.

M o n d a y .. .
T u esd ay...
W edn esda y
T h u r s d a y ..
F r i d a y ........

et

Q u ie t a t 1 9 d e c . .
Q u i e t ......................
Q u i e t .....................
Q 'ite t A s t e a d y .
Q u ie t A s t e a d y .

T e t a l ........ ...................................

F utu res
M arket
Closed.
................ H o l
E a s y ................
S t e a d y ..........
Q u ie t A s t ’ d y
s t e a d y ..........
S t e a d y ..........

Sa l k s o p S p o t & C o n t r a c t .
E x­
p o r t.

io o
100
1 ,1 7 0
240
550
2 ,1 6 6

F u t u r e s . — T h e h ig h e s t ,
lo w e s t a n d c lo s i n g p r ic e s
F u tu r e s a t N e w Y o r k are s h o w n in th e f o l l o w i n g t a b le .

O onsum p.

C on­
tr a c t.

805
428
520
910

io o
100
100

1 ,1 0 5
628
1 ,7 9 0
1 ,1 8 6
851

2 ,9 9 4

400

5 ,5 6 0

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of

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L e a n in g
s to e k .

N e w O r l e a n s . ..
G a l v e s t o n ..........
S a v a n n a h ...........
C h a r l e s t o n ........
M o b i l e .................
N o r f o l k ................
N e w Y o r k ..........
O th e r p o r t s ___

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up b y

oable an d te le g r a p h is as f o llo w s . C o n tin e n ta l s t o c k s , a s w e ll
as th o se fo r G r e a t B r ita in a n d t h e a flo a t a r e t h i s w e e k ’s r e ­
tu rn s an d c o n s e q u e n tly a ll E u r o p e a n fig u r e s are b r o u g h t d o w n
to T h u r s d a y e v e n in g .
B a t t o m a k e th e to ta l th e c o m p le t e
figu res fo r to -n ig h t ( A u g . 26), w e a d d th a it e m o f e x p o r ts f r o m
th e U n ite d S ta te s in c lu d in g i n i t th e e x p o r ts o f F r i d a y o n l y .
1898.
1897.
1898.
1895.
8 -.oak a t L i v e r p o o l ......... b a l e * .
8 1 4 ,0 0 0
5 2 9 ,0 0 0
5 1 5 .0 0 0 1 ,2 2 9 ,0 0 0
8 -,03k a t L o n d o n ............................
6 ,0 0 0
4 ,0 0 0
3 .0 0 0
1 2 ,0 0 0
T o t a l G re a t B r ita in »t o o k .
8 2 0 ,0 0 0
5 3 3 ,0 0 0
5 1 8 ,0 0 0 1 , 2 4 1 , 0 0 0
3 1 .0 0 0
3 3 .0 0 0
2 4 .0 0 0
S tock a t H
a m
b u r g 20, 000
2 0 4 .0 0 0
9 7 .0 0 0
8 1,000
8 S ock a t B r e m e n ........................ .
1 6 3 ,0 0 0
6 ,0 0 0
1 4 .0 0 0
1,000
3 c o o k a t A m s t e r d a m ..............
1 ,0 0 0
200
200
200
8 cook a t R o tte r d a m . . . . . . . . . .
200
1 8 .0 0 0
6,000
2,000
S tock at A n tw e r p .. . . . . . . . . . . .
6 ,0 0 0
3 4 8 .0 0 0
9 1 .0 0 0
1 5 0 ,0 0 0
S t o c k a t H a v r e ...............................
1 5 0 ,0 0 0
4 ,0 0 0
6 ,0 00
5 ,0 0 0
5 c o o k a t M a r s e i l l e s ......................
4 ,0 0 0
6 0 ,0 0 0
8 2 .0 0 0
6 0 .0 0 0
S t o c k a t B a r c e l o n a . . . . .............
5 7 ,0 0 0
4 0 .0 0 0
2 4 .0 0 0
3 5 .0 0 0
2 7 ,0 0 0
S t o c k a t G e n o a .......... ...............
3 8 .0 0 0
3 7 .0 0 0
1 6 .0 0 0
S t o c k a t T r i e s t e .............................
19 ,0 0 0
4 1 7 ,2 0 0
3 1 8 ,2 0 0
4 1 9 ,2 0 0
7 5 9 ,2 0 0
T o t a l C o n t i n e n t a l s t o o k a ..
9 3 7 ,2 0 0
8 5 1 ,2 0 0
1 ,2 6 7 ,2 0 0
3 6 .0 0 0
2 5 ,0 0 0
2 5 ,0 0 0
3 9 ,0 0 0
I n d ia c o t t o n a f lo a t f o r E n r o p e
1 9 .0 0 0
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S * y p t , B r a z il, A c . ,a t t t .f o r E ’ p e
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9
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S t o c k In U n it e d S t a t e s p o r t s .
3 4 ,7 8 2
1 L 0 ,1 8 1
3 6 ,9 4 1
1 0 1 ,4 6 1
S t o c k In U . 8 . I n t e r io r t o w n s . .
9
7
2
53
0
.6
2
3
U n it e d S t a t e s e x p o r t s t o - d a y . _____________________________________________
T o t a l v i s i b l e s u o p l j ............ 1 ,6 7 3 ,7 8 2 1 ,0 3 5 ,6 2 0 1 ,3 1 9 ,8 6 1 2 . 3 9 4 , 7 3 8
0 1 the a b o v e , t o t a l s o r A m e r i c a n a n d o t h e r d e s c r i p t i o n s a r e a s f o l l o w s :
A m e r t ja r . —
3 8 7 .0 0 0 1 ,0 9 4 ,0 0 04 1 9 .0 0 0
L iv e r p o o l s to c k . — . .. b a l e ? .
7 3 1 .0 0 0
3 0 3 .0 0 0
6 6 2 ,0 0 0
2 4 2 .0 0 0
C o n t in e n t a l s t o c k s . . . ...............
3 8 5 .0 0 0
4 6 ,0 0 0
1 9 ,0 0 0
2 9 ,0 0 0
A m e r lo a u a f lo a t f o r E u r o p e . .
5 8 .0 0 0
1
9
7
,5
0
8
2
9 0 ,7 5 6
7
6
,4
2
6
U n it e d S t a t e s s t o c k ...................
1 8 3 ,4 9 8
1 1 0 ,1 8 1
3 4 ,7 8 2
3 6 ,9 4 1
U n it e d S t a t e s i n t e r i o r s t o o k a .
1 0 1 ,4 6 1
...........
972
53
U n it e d S t a t e s e x p o r t s t o - d a y .
9 ,6 2 3
8 0 3 .4 2 0 1 ,0 4 4 ,6 6 1 2 , 1 0 0 , 5 3 8
T o t a l A m e r l o a n . . ................ 1 ,4 7 0 .5 8 2
E a s t I n d i a n , B r a z i l , <6a.—
1 3 5 ,0 0 0
1 2 8 ,0 0 0
110,000
L iv e r p o o l s t o c k .............................
8 1,0 0 0
12,000
3 .0 0 0
4 ,0 0 0
L o n d o n s t o c k ...................................
6 ,0 0 0
9 7 ,2 0 0
1
1
6
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0
0
7
6
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0
0
C o n t in e n t a l s t o o k e .......................
6 2 ,2 0 0
3 6 .0 0 0
2 5 ,0 0 0
2 5 .0 0 0
Cndla a f lo a t f o r E n r o p e .......... .
3 9 ,0 0 0
1 4 .0 0 0
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P alestin e, T exa s. — W e h a v e h a d h e a v y r a in o n t w o d a y s o f
th e w e e k , th e r a in f a ll re a c h in g o n e in c h a n d s i x h u n d r e d th s .
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th e w e e k , th e p re c ip ita tio n b e in g n in e ty -e ig h t h u n d r e d th s o f
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W C ’i - l O J C O O < H« © M PC
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’ n a s t y e a r ’ s f lc o r e s a r e t o r C o lu m b ia , 8 . 0 .
an in ch . A v e r a g e te m p e r a t u r e 8 1 , h ig h e s t 98 a n d lo w e s t 69.
San A n to n io , T a m s .— W e h a v e h a d r a in o n t w o d a y s o f th e
C o t t o n C r o p C i r c u l a r ,— O u r A n n u a l C o tto n C ro p R e v ie w
p ast w e e k , th e p r e c ip ita tio n r e a c h in g t w e n t y - f o u r h u n ­
w i ll h e r e a d y in c ir c u la r f o r m a b o u t T h u r s d a y , S e p t. 8.
d re d th s o f a n in ch .
M i n i m u m t e m p e r a t u r e 72.
P a r tie s d e s ir in g t h e c ir c u la r in q u a n tit ie s , w it h th e ir b u s in e s 3
Luling, T exa s. — W e h a v e h a d n o r a in d u r in g th e w e e k .
T h e th e r m o m e te r h a s a v e r a g e d 8 5 , r a n g in g f r o m 70 to 1 0 ).
c a r d p r in te d th e r e o n , s h o u ld se n d in th e ir^ o rd e rs as so o n as
Colum bia, T ex a s. — T h e r e h a s b e e n g o o d r a in o n th r e e d a y s
p o s s ib le , t o en su re e a r ly d e liv e r y .
th e p a st w e e k , th e p r e c ip ita tio u re a c h in g th ir ty - e ig h t h u n ­
d re d th s o f a n in c h .
T h e t h e r m o m e te r h a s r a n g e d f r o m 71 to
O v e r l a n d M o v e m e n t f o b t h e W e e k a n d S in c e S e p t . L —
W e g iv e b e lo w a s t a t e m e n t s h o w in g t h e o v e r la n d m o v e m e n t 90, a v e r a g in g 81.
C uero, T exa s.— I t h a s b een s h o w e r y o n o n e d a y o f th e
fo r th e w e e k an d sin c e S e p t. 1, as m a d e n p f r o m te le g r a p h ic
w e e k , t h e r a in f a ll re a c h in g on e h u n d re d th o f a n in o h . A v e rr e p o r ts F r id a y n ig h t .
T h e r e s u lts f o r th e w e e k e n d in g
a g e th e r m o m e te r 8 5, h ig h e s t 97 a n d lo w e s t 72.
A u g . 2 6 a n d sin c e S e p t. 1 in th e la st t w o y e a r s a r e a s f o l l o w s .
B renham , T exa s. — T a e r e h a s b e e n r a in o n on e d a y d a r in g
1 8 9 6 -9 7 .
1 8 9 7 -9 8 .
th e w e e k , a n d th e r a in f a ll re a c h e d f o u r h u n d re d th s o f a n
Audits! 20.
in c h . T h e th e r m o m e te r lias a v e r a g e d 8 5 , th e h ig h e s t b e in g
/Sin ce
S in c e
W e ek .
W eek .
100 an d th e lo w e s t 69.
S e p t. l .
S ep t. 1.
C orpus Uhristi, T exa s. — N o ra in th e p a s t w e e k . T h e t h e r ­
S h ip p e d —
m o m e te r h a s a v e r a g e d 83, r a n g in g f r o m 73 to 92,
1 ,6 4 4
5 6 2 ,8 3 4
v i a B t. L o u i e . . . . . . . . .
3 ,7 0 8
8 7 5 ,8 4 7
W ea th erford , T ex a s.—T h e r e h a v e b een s h o w e r s o n th re e
211
2 7 4 ,1 5 9
V i a C a i r o ..........................
3 ,9 3 1
4 0 0 ,1 3 6
d a y s d u r in g th e w e e k , th e p re c ip ita tio n r e a c h in g f o r t y -e ig h t
189
3 2 ,6 8 1
V i a P a r k e r .....................
2 3 ,6 9 3
4
6
,9
4
1
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1 3 ,9 5 1
h u n d re d th s o f a n in c h .
A v e r a g e te m p e r a tu r e 8 4 , h ig h e s t 100
416
1 3 3 ,8 4 1
12
1 3 7 ,0 3 7
V i a L o u i s v i l l e ................
a n d lo w e s t 68.
3J8
1 5 5 ,9 0 0
38
1 5 1 ,3 7 6
V i a O l n o l n n a t l ..............
New Orleans, L ou isia n a .— W e h a v e h a d ra in o n t w o d a y s
49
1 ,3 6 3
1 0 6 ,2 4 2
2 00 ,6-47
V la o th e r rou ted , & o.
d u r in g th e w e e k , to th e e x te n t o f tw e n t y -o n e h u n d r e d th s o f
2 ,1 4 3 1 ,2 6 9 ,2 9 2
T o t a l groBB o v e r l a n d .................
9 ,8 3 0 1 ,8 4 5 ,9 9 3
a n in c h .
T h e th e r m o m e te r h a s a v e r a g e d 91,
D ed u c t s h ip m en ts —
S h reveport, L o u isia n a . — R a in h a s f a lle n o n t w o d a y s o f th e
5 X 0 ,2 8 8
883
3 ,5 5 8
3 2 7 ,6 1 3
O v e r la n d t o N . Y ., B o s t o n , & o .
4 4 ,6 2 6
w ee k , t h e p re c ip ita tio n b e in g one in c h a n d t w e n ty -th r e e h u n ­
3 ,8 3 5
23
5 ,1 6 1
B e t w e e n I n t e r i o r t o w n a ...............
5 8 ,1 9 2
2 ,1 2 5
749
7 5 ,1 4 1
I n l a n d , <Sto., f r o m S o u t h ...............
d re d th s, T h e th e r m o m e te r h a s a v e r a g e d 8 3 , r a n g in g f r o m
70 to 93.
8 ,1 4 2
6 1 3 ,0 9 6
2 ,0 3 1
4 0 7 ,9 1 5
T o t a l t o b e d e d u c t e d .................
Colum bus, M ississippi.—T h era is c o n s id e r a b le c o m p la in t
1 ,6 9 4 1 ,2 3 2 ,8 9 7
112
L e a v in g to t a l n e to v e r la u d *
8 6 1 ,3 7 7
o f s h e d d in g . T h e th e r m o m e te r h a s r a n g e d f r o m 74 to 1 0 0 ,
a v e r a g in g 88.
* lu o lu d ln g m o v e m e n t b y r a il t o C a n a d a .
Leland, M ississip p i. — C ro p s, it is c la im e d , h a v e b e e n d a m ­
T h e f o r e g o in g s h o w s t h a t t h e w e e k ’ B n e t o v e r la n d m o v e m e n t
a g e d f o r t y p er c e n t th e la s t th r e e w e e k s b y b o ll w o r m s a n d
th is y e a r h a s b e e n 1 ,6 9 1 b a le s , a g a in s t 112 b a le s fo r th e
sh a rp sh oo te rs.
A verage
th e r m o m e te r
8 0 ’9 , h ig h e s t 9 3,
w e e k In 189 7 , a n d t h a t fo r th e s e a s o n t o d a te th e a g g r e g a t e n e t
lo w e s t 69.
o v e r la n d e x h ib i t s a n e x c e s s o v e r a y e a r a g o o f 3 7 1 ,5 2 0 b a le s .
L ittle B od e, A rk a n sa s. — I t h a s ra in e d o n o n e d a y o f th e
w ee k , th e r a in f a ll re a c h in g t h i r t y -s ix h u n d r e d th s o f ‘a n in c h .
1 8 9 7 -9 8 .
1 8 9 6 -9 7 .
T h e th e r m o m e te r h as a v e r a g e d 83, r a n g in g f r o m 69 to 98.
I n B ig h t a n d S p in n tr t '
S in ce
S in e *
T a k in g e .
H elena, A rk a n sa s. — C r o p s are s p o tte d . S o m e are g o o d ,
W eek .
W eek .
S e p t. 1 .
8 t p i . 1.
b u t th e s ta lk is m o s t ly to o la r g e a n d th e r e is li t t le f r u it . T h e
first bale a r riv e d on S a tu r d a y la s t. R a in h a s fa lle n h e a v i l y
2 0 ,2 7 3 8 ,6 4 8 ,4 7 1 3 2 ,7 1 8 6 ,7 4 5 ,6 7 8
R e c e ip ts a t p o r ts to A u g . 26
1 ,6 9 4 1 ,2 3 2 ,8 9 7
112
on one d a y o f th e w e e k , to th e e x te n t o f o n e in c h a n d f i f t y 8 6 1 ,3 7 7
B e t o v e r la n d to A u g. 2 6 —
9 5 1 ,0 0 0
S o u t h e r n c o n s u m p t i o n t o A u g . 2 6 2 1 ,0 0 0 1 ,1 1 0 ,0 0 0 1 5 ,0 0 0
on e h u n d re d th s . T h e th e r m o m e te r h a s r a n g e d f r o m 68 to
89. a v e r a g in g 78 8.
4 2 ,9 6 7 1 1 0 0 0 3 8 8 4 7 ,8 3 0 8 ,5 5 8 ,0 5 5
T o t a l m a r k e t e d .............
Nashville, T ennessee.— N o r a in th e p a s t w e e k . A v e r a g e
657
* 7 ,3 9 7
5 6 ,3 8 5
1 8 3 ,6 5 3
I n t e r io r s t o c k s in e x c e s s .
th e r m o m e te r 8 1, h ig h e s t 9 4 a n d lo w e s t 06.
4 8 ,4 8 7
C a m e i n t o s i g h t d u r i n g w e e k . 3 5 ,5 7 0
M em phis, T ennessee.— C r o p s are g e n e r a lly d o in g w e ll. T h is
11056753
8 ,4 7 4 ,4 0 2
T o t a l I n s i g h t A u e . 2 6 ................
h a s b een th e h o tte s t w e e k o f th e se ason .
T w e lv e n e w h a le s
re c e iv e d to d a te .
R a in h a s fa lle n o n o n e d a y o f th e w e e k , t o
N o n h ’ n g p i n n e r e t a k ’ g s t o A u g . 2 6 1 7 ,7 2 3 S2 ,2 1 5 ,8 7 2 1 6 ,8 4 1 1 .7 8 2 ,6 2 5
th e e x te n t o f s ix t y - t w o h u n d r e d th s o f a n in c h .
T h e th e rf L e s s t h a n S e p t . 1.
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m o m e t e r h a s a v e r a g e d 8 3 -4 , th e h ig h e s t b e in g 9 4 '8 a n d the
l o w e s t 73.
Mobile, Alabama.— C ro p re p o r ts in d ic a te c o n tin u e d in ju r y
f r o m r o t, r u s t a n d s h e d d in g . ,(P ic k in g is m a k in g f a ir p ro g re ss
in s o m e se c tio n s, b u t w ill n o t b e co m e g e n e r a l u n til a fte r
S e p te m b e r first. T h e r e h a s b e e n ra in o n five d a y s d u r in g
th e w e e k , th e p r e c ip ita tio n b e in g o n e in c h a n d th i r ty -f o u r
h u n d r e d th s .
T h e th e r m o m e te r h a s a v e r a g e d 8 3 , r a n g in g
f r o m 7 2 t o 94.
Montgomery. A labam a—R e p o r ts f r o m th e cro p s are con c o n flic tin g ; b o ll w o r m s are r e p o r te d ; s u n sh in e is n e ed e d .
A
f e w n e w b a le s a r r iv e d a ily . T h e r e h a3 b e e n ra in on fiv e d a y s
d u r in g th e w e e k , to th e e x te n t o f n in e ty -o n e h u n d r e d th s o f
a n in c h , a n d th e w e a th e r is th r e a te n in g to -d a y .
T h e th er­
m o m e t e r h a s r a n g e d f r o m 71 to 9 3 , a v e r a g in g 82.
Selma, A l a b a m a .— S h e d d in g a n d r u st c o n tin u e . T h e crop
is o p e n in g r a p id ly .
T h e r e h a s b e e n r a in on t w o d a y s o f the
w e e k , th e p r e c ip ita tio n r e a c h in g fiv e h u n d r e d th s o f a n in ch .
A v e r a g e th e r m o m e te r 8 6, h ig h e s t 9 7 . lo w e s t 72.
Maaison, Florida .— R a in h a s fa lle n o n fiv e d a y s o f th e
w e e k , to th e e x t e n t o f t w o in c h e s a n d e ig h ty -fiv e h u n d re d th s.
T h e t h e r m o m e t e r h a s a v e r a g e d 8 3, th e h ig h e s t b e in g 92 an d
th e lo w e s t 74
Leesburg, Georgia .— C o tto n is r u s tin g a n d d y in g , I t has
ra in e d th e p a s t w e e k t o th e e x te n t o f f o u r in c h e s.
T h e th e r­
m o m e t e r h a s a v e r a g e d 80. r a n g in g f r o m 68 t o 92.
Savarnah, G eorgia.- T h e r e h a s b e e n ra in o n f o u r d ays
d u r in g th e w e e k , th e p re c ip ita tio n b e in g th ir t y -e ig h t h u n ­
d r e d th s o f a n in c h .
T h e th e r m o m e te r h a s r a n g e d f r o m 73 to
9 2 , a v e r a g in g 82.
Augusta, Georgia . — B a i n h a s fa lle n o n th r e e d a y s o f the
w e e k , th e p re c ip ita tio n b e in g fo u r te e n h u n d re d th s o f a n in ch .
A v e r a g e th e r m o m e te r 8 2 , h ig h e s t 93 an d lo w e s t 70.
Charleston, South Carolina. — W e h a v e h a d ra in on five
d a y s d u r in g th e w e e k , to th e e x te n t o f e ig h ty -o n e h u n d re d th s
o f a n in c h .
T h e th e r m o m e te r h a s a v e r a g e d 8 1 , th e h ig h est
b e in g 88 a n d th e lo w e s t 73.
Greenwood, South Carolina.— T h e r e h a s b e e n ra in o n tw o
d a y s th e p a st w e e k , th e p r e c ip ita tio n r e a c h in g e ig h ty -e ig h t
h u n d r e d th s o f an in c h .
C o tto n sq u a re s are d y in g a n d leaves
t u r n in g y e llo w .
T h e th e r m o m e te r h as ra n g e d f r o m 71 to 93,
a v e r a g in g 82.
Wilson, North Carolina.— I t h a s ra in e d o n f o u r d a y s o f the
w e e k , th e r a in fa ll r e a c h in g tw o in ch es a n d se v e n ty -fiv e h u n ­
d re d th s. A v e r a g e th e r m o m e te r 8 3 , h ig h e s t 94 a n d lo w e s t 74.
A l e x a n d r ia

R e c e ip t s

A le x a n d r ia , E g y p t,
A u g u s t 24.

and

S h ip m e n t s

1 8 9 8 -9 7 .

1 8 9 7 -9 8 .

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a o a n t a r lB 93 pou n ds.
♦O f w h ic h t o A m e r l o a l n 1 3 9 7 -9 3 , 5 i ,768 b a l e s ; In 1 8 9 8 -9 7 , 6 0 ,8 5 6
b a le s; In 1 89 5 -9 8, 5 9 ,1 0 3 b a le s .
Ma n ch ester
\ I v r x e t . — D m * r e p o r t r e c e iv e d
b y c a b le
t o -n i g h t f r o m M a n c h e s te r s t a t e s t h a t th e m a r k e t is q u ie t fo r
b o th y a r n s a n d sh ir tin g s .
O r d e r s a r e c o m i n g in m o re f r e e l y
f r o m th e L e v a n t .
W e g iv e th e p ric e s fo r to -d a y b e lo w a n d
le a v e th o se I jt p re v io u s w e e k s o f th is a n d la s t y e a r fo r
c o m p a r is o n .
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b u t d a m a g e b y b o l l w o r m s d e c r e a s i n g , a ls o l e s s c o m p l a i n t o f g r a s s y
fie ld s ; p i c k i n g b e g u n and. s e v e r a l b a l e s m a r k e t e d .
T exas .—W a r m and. n o r a i n d u r i n g t n e w e e k , e x c e p t s h o w e r s in
s o u t h p o r t io n ; c o t t o n s u f fe r i n g f r o m d r o u g h t e x c e p t i n s o u t h e a s t p o r ­
t io n , w h o r e c r o p is c le a n b u t v e r y i r r e g u l a r a n d g e n e r a l l y l a t e , s h e d ­
d i n g i n m a n y l o c a l i t i e s , b o l l w o r m s a n d c a t e r p i l l a r s d a m a g i n g c r o p in
m a n y s e c t io n s , a id e d i n s o u t h e r n p o r t i o n b y M e x i c a n b o l l w e e v il ;
n e v e r t h e l e s s in s o m e s e c t i o n s c r o p is v e r y p r o m is i n g , p i c k i n g p r o ­
g r e s s in g in s o u t h e r n p o r t i o n a n d c o m m e n c e d i n n o r t h e r n p o r t io n .
A rkansas.—Warm, dry weather, favorable t o cotton, which is be­
ginning t o open rapidly, picking has commenced, some damage by boll

worms, caterpillars, rust and blight, some upland cotton continues to
shed.
T ennessee — E x c e p t r a in s , s o m e h e a v y , m id d le o f w e e k , g e n e r a l l y

w a r m s u n s h in e p r e v a i l e d , g r e a t l y i m p r o v i n g c o n d i t i o n o f g r o w i n g a u d
m a t u r in g c r o p s ; c o t t o n o p e n i n g w it h s c a n t f r u it a g e .
O k l a h o m a . — C o t t o n c o n t in u e s t o i m p r o v e a n d is g e n e r a l l y v e r y ttne
v e r y f e w i n s e c t s o n p l a u t s a n d b u t l it t l e s h e d d in g .
M issouri.—Dry weather needed for cotton.

T h e s9 re p o rts o n
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T w ist.

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d.
s.
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G o v e r n m e n t W e e k l y C o t t o n R e p o r t . — M r . W . L . M o o re,

C h ie f o f th e W e a t h e r B u r e a n o f th e A g r ic u lt u r a l D e p a r t­
m e n t , m a d e p u b lic o n T u e s d a y th e fo llo w in g te le g r a p h ic
re p o r ts on th e c r o p in th e S o u th e r n Stat©3 fo r th e w eek
e n d in g A n g . 2 2 :
V i r g i n i a .— S h o w e r s a n d s u n s h in e c o m b in e d t o p r o d u c e fin e g r o w t h
o f v e g e ta tio n .
N o r t h C a r o l i n a .— C o n t i n u a t i o n o f r a i n y w e a t h e r i n ju r i n g a ll c r o p s ;
c o t t o n d e t e r io r a t i n g , s h e d d in g a n d r u s t in c r e a s in g , a n d e v e n h a lf
g r o w n b o l ls d r o p p i n g : i t is o p e n i n g m o r e r a p i d l y in s o u t h , s o m e p ic k e d .
S o u t h C a r o l i n a . —E x c e s s i v e m o is t u r e i n ju r e d c o t t o n b y c a u s i n g i n ­
c r e a s e d s h e d d in g a n d r u s t ; c o t t o n l o o k s p r o m is i n g , b u t is d e t e r io r a t ­
in g , b o l ls o n r a n k g r o w t h r o t t i n g t o s o m e e x t e n t ; p i c k in g f a i r l y b e g u n .
G e o r g i a . — F r e q u e n t s h o w e r s k e e p la n d t o o w o t t o p l o w a n d a d d t o
t h e d a m a g e t o c o t t o n ; c o t t o n s h e d d in g , r u s t in g a n d o p e n i n g p r e m a ­
t u r e ly , m u c h c o m p l a i n t o f b o l l w o r m s , p i c k i n g c o n t in u e s .
F l o r i d a .— R a in s e x c e s s i v e o v e r g r e a t e r p o r t i o n o f S t a t e , d a m a g in g
c o t to n on lo w la n d s .
A l a b a m a . - F a v o r a b l e w e e k ; c o t t o n c o n s i d e r a b l y d a m a g e d b y r u s t,
r o t , a n d s h e d d in g in s o u t h e r n c o u n t i e s , b u t g e n e r a l im p r o v e m e n t
n o t e d : in n o r t h e r n c o u n t i e s c o t t o n v e r y p r o m is i n g , is o p e n i n g r a p i d l y
a n d p i c k in g is b e c o m in g g e n e r a l i n s o u t h e r n c o u n t i e s .
M i s s i s s i p p i .— W a r m a n a d r y ; f a v o r a b l e w e e k f o r a ll c r o p s ; c o t t o n
i m p r o v in g , o p e n i n g r a p i d l y a n d p i c k i n g b e c o m i n g m o r e g e n e r a l , fir s t
b a le s r e p o r t e d in n e a r l y a ll s e c t i o n s , f e w e r r e p o r t s o f s h e d d in g a n d
w orm s.
L o u i s i a n a .— S lig h t l y w a r m e r t h a n u s u a l, w it h r a i n f a ll g e n e r a l l y
t ig h t , w h ic h w a s f a v o r a b l e f o r c o t t o n ; r u s t a n d s h e d d i n g c o n t in u e ,

c o tto n are s u m m a r iz e d b y th e D e p a r t­

I n th e C a r o lin a s , G e o r g i a a n d F l o r id a c o t t o n h a s c o n t in u e d , t o s u f fe r
i n ju r y f r o m e x c e s s i v e r a i n s a n d l a c k o f s u n s h i n e , a n d c o m p la in t s o f
s h e d d in g a n d r u s t a r e g e n e r a l in th e s e S ta te s , p r e m a tu r e o p e n in g
b e in g r e p o r t e d fr o m G e o rg ia . T h e re ha* b e e n a d e c id e d im p r o v e m e n t
in t lie c o n d i t io n o f c o t t o n in t h e C en traL G u l f S t a t e s a s a r e s u l t o f f a ir
w e a th e r a n d fa v o r a b le t e m p e r a tu r e c o n d it io n s .
In T e x a s c o tto n has
s u ffe r e d f r o m d r o u g h t e x c e p t in t h e s o u t h e a s t p o r t i o n o f t h e S t a t e ;
t h e c r o p is c le a u , ir r e g u la r , a n d g e n e r a l l y l a t e ; i n m a n y l o c a l i t i e s i t is
e h e d d iu g a n d s u ffe r in g f r o m th e r a v a g e s o f i n s e c t s , w h ile in o t h e r s e c ­
t i o n s t h e c r o p is v e r y p r o m is i n g . P ic k in g is b e c o m i n g g e n e r a l o v e r
th e s o u th e r n p o r t io n o f th e c o t t o n r e g io n .
N ew
E ngland
C otton
M il l
S i t u a t i o n . — T h e C hace,
S a n fo r d a n d W a m p a n o a g m ills o f F a ll R iv e r , re p re s e n tin g in
a ll 2 5 5 ,0 0 0 sp in d le s , a r e id le th is w e e k an d th e M e r c h a n ts '
M a n f . C o ., 1 25 ,0 00 s p in d le s , h a s p o ste d n o tic e s o f a tw o
w e e k s’ s h u t-d o w n , b e g in n in g n e x t M o n d a y , A u g u s t 29.
The
S a g a m o re N o . 2 , C h a c e a n d S ta ffo r d m ills w ill b e id le n e x t
w e e k , a n d th e G r a n it e is to clo se f o r th e w e e k b e g in n in g
S ep t. 5.
J ute B utts, B agging, & c.—T h e m a r k e t fo r ju t e b a g g in g
h as been s te a d y th e p a s t w e e k .
Q u o ta tio n s th is e v e n in g are
OVgC. f o r \% lb s . a n d 6JoC. f o r 2 lb s . o f sta n d a rd g r a d e s . C a r­
lo a d lo t s o f s ta n d a rd b r a n d s are q u o te d a t 6 s , f o r \% lb s. and
6J£c. fo r 2 lb s ., f . o . b. a t N e w Y o r k
T n e m a r k e t fo r ju t e
b u tts h as b een q u ie t.
Q u o ta tio n s are n o m in a lly -8 0 s. fo r
p ap er q u a lity a n d lV £ c. f o r m ix in g .
S h i p p i n g News .— A s s h o w n o n a p re v io u s p a g e , th e
e x p o r ts o f c o tto n f r o m th e U n it e d S ta t e s th e p a s t w e e k h a v e
re a c h e d 24,9 5 3 b a le s. T h e s h ip m e n ts in d e t a il, a s m a d e up
fr o m m a il a n d te le g r a p h ic r e tu r n s , a r e a s f o llo w s :
T o ta l b a le s .
N e w Y o r k —T o L i v e r p o o l , p e r s t e a m e r s B o v i c , 2 , 3 6 2
C u fie ,
4 ,5 1 4
8 7 3 ___ S o m a , 1 . 3 0 0 ...................................................................................
T o H u ll, p e r s t e a m e r B u ff a lo . 2 0 0 .......................................................
200
T o H a v r e , p e r s t e a m e r C a p r iv i , 1 3 7 ...................................................
137
T o B r e m e n , p e r s t e a m e r s H . H . M e ie r , 1 , 8 2 8 ___ T r a v e , 2 0 1
2 ,0 2 9
T o A n t w e r p , pier s t e a m e r N o o r d la n d , 1 0 0 ......................................
100
T o O p o r t o , p e r s t e a m e r D o n a M a r ia , 2 0 0 .........................................
200
T o G e n o a , p e r s t e a m e r s K a is e r W illie lm I I . , 4 5 8 ___ T a r t a r
P r in c e , 1 0 0 ......................................................................................................
558
N e w O r l e a n s — T o L i v e r p o o l — A u g . 2 0 —S t e a m e r C r a ft s m a n ,
4 , 8 6 i ___ A u g . 2ti— S t e a m e r s M e x i c a n , 5 ,0 0 1 ; T a m p ic a n ,
1 ,7 0 0 ................................................................................................................... 1 1 ,5 6 4
T o H a m b u r g —A u g . 1 9 —S t e a m e r G r a n g e w o o d , 2 0 0 .........
A u g . 2 2 —S t e a m e r C o n s t a n t in , 7 5 4 ...................................................
954
G a l v e s t o n —T o H a m b u r g —A u g . 2 2 —S t e a m e r A r i o s t o , 1 0 0 ........
100
T o R o t t e r d a m —A u g . 18— S t e a m e r R o b e r t A d a m s o n . 1 0 0 . . .
100
C h a r l e s t o n — T o H a m b u r g —A u g . 2 6 —S t e a m e r D a lm a t i a , 1 0 0 .
100
N o r f o l k —T o H a m b u r g —A u g . 2 6 —S t e a m e r ------------ , 1 0 0 ..............
100
B o s t o n —T o L i v e r p o o l — A u g . 1 7 —S t e a m e r s C e s t r ia u , 1 , 7 5 7 ___
A u g . 2 3 —S t e a m e r S a o lie m , 3 1 9 ...........................................................
2 ,0 7 6
T o Y a r m o u t h —A u g . 2 3 - S t e a m e r Y a r m o u t h , 1 ...........................
1
B a l t i m o r e — T o L i v e r p o o l —A u g . 2 4 - S t e a m e r V e d a m o r e , 3 0 0 . .
300
T o B r e m e n —A u g . 2 4 —S t e a m e r R o l a n d , 3 9 0 .................................
300
P h i l a d e l p h i a — T o L i v e r p o o l — A u g . 1 7 — S t e a m e r R h y n la n d ,
1 , 0 0 0 ___ A n g . 2 4 —S t e a m e r B e l g e n l a n d , 6 0 0 ..............................
1 ,6 0 0
T o t a l .......................................................................................................................

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T h e p a r tic u la r s o f th e f o r e g o in g s h ip m e n ts , a r r a n g e d in
o u r u s u a l f o r m , a r e a s f o llo w s .

8 1* l b s . S h ir t- O itt’ n

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439

N ew Y ork .

O re a t F r e n c h . Q e r - ,—O th. TTr o p e —. M e x ic o ,
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p o r t s , m a n y . N o rth . S ou th .
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b a le s fr o m P a c ific C o a s t, 8 ,7 0 0 f r o m N e w O r le a n s , 2 6,0 2 9 b a le s
fr o m G a lv e s to n . 7,10 0 b a le s f r o m P e n s a c o la , 4 ,5 0 0 bale’s fro m
M ob ile a n d 2 9,0 2 4 b a le s f r o m N aw Y o r k .
C o tto n f r e ig h t s a t N e w Y o r k th e p a s t w e e k h a v e b e e n
as f o llo w s .
S atu r.
L iv e r p o o l...........
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A m ste rd a m ........ .c.
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Do
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D o v. H u ll.. .c.
R o tte r d a m .........
G e n o a .................
T rie ste......... ..
.d .
A n tw e r p .............
G h e n t,v .A n tw ’ p.d.

M on.

Tues.

15t

151

W ednes.

Thurs.

F ri.

15!

15t

151

b

b

22t
251
30

221
25t
30t

22t
25)
301

>4
22t

30t

....
.... ■

....
....

—
....

...»
....

30t
321

331
30!
30!
32t

33t
301
30t
32t

33!
301
301
32!

331
30t
30t
32t

33t
so t
80t

%
532

*8
532

*6
5.32

*8
632

hi
532

151
b

b

b

221
25t
30 1

221
25i
301
....

331
SOI

t C e n ts n e t p e r 1 0 0 lb s .

2 5 f*

321
hi

THE

440

C H R O N IC L E .

L iverpool .—By cable from Liverpool we have the follow
ing statement. of the week’s sales, stocks, &o., at that port.
; A u p . 12.

A u g. 5.

4 3 ,O 0 o !
1 ,2 0 0
500
4 0 .0 0 0
5 ,0 0 0 !
4 4 ,0 0 0 !
9 0 9 .0 0 0
8 2 5 ,0 0 0
9 ,0 0 0 ;
8,0001
4 5 ,0 0 0
4 0 ,0 0 0 1

g u l e s o f t h e w e e k .............b a le s .
O f w h lo h e x p o r t e r * t o o k . . .
O f w b lo t t a p e c a L u o r s t o o k
8 » e * A m e r i c a n ............ ................
A o t u a e x p o r t .................................
f o r w a r d e d ........................................
T o t a l s t o c k — E s t i m a t e d ............
O f w h lo h A m e r i c a n —E n tm 'd
T o t a l I m p o r t o f t h e w e e k .........
O f w h lo h A m e r i c a n .................
A m o u n t a f l o a t . ...............................
O f w h ic h A m e r i c a n .................

A n y . 19.

5 8 ,0 0 0
900
800
5 4 ,0 0 0
3 ,0 0 0
5 5 ,0 0 0
8 7 5 ,0 0 0
7 8 9 ,0 0 0
2 4 ,0 0 0
1 4 ,0 0 0
3 3 ,0 0 0
2 9 ,0 0 0

5 4 ,0 0 0
2 ,2 0 0
1 ,6 0 0
5 0 ,0 0 0
4 .0 0 0
4 9 ,0 0 0
8 4 1 ,0 0 0
7 6 1 ,0 0 0
2 2 ,0 0 0
1 8 ,0 0 0
2 8 ,0 0 0
2 2 ,0 0 0

A u g . 26.
3 2 ,0 0 0
800
3 0 ,0 0 0
5 ,0 0 0
4 1 ,0 0 0
8 1 4 ,0 0 0
7 3 1 ,0 0 0
1 0 ,0 0 0
1 2 ,0 0 0
3 1 ,0 0 0
2 4 ,0 0 0

LVOL. L X VII,

cover contracts stimulated by firmer foreign advices and a
moderate crop movement, Subsequently there was increased
pressure to sell, and as the demand had subsided prices re­
acted. The close showed prices :,a@?6'c. lower for the day.
The spot market was quiet but steady. The sales for export
here and at outports were 80,000 bushels.
D A IL Y CLOSING P R IC E S OF N O . 2 BH D W INTER WHEAT

Sat.
fct
b
a

.o.
S ep tem b er d e liv e r y
o.
D e c e m b e r d e l i v e r y ........ o.
C.
M a y d e l i v e r y ........

T iles.
68%
6 «-%
esq

M on.
67%
66%
67%

W ed .
68
66
67%

T h u r t.
6«%
66%
67%

F r i.
6H %
66
67%

There has been only a limited amount of trading in the
market for Indian corn futures, and prices have declined
ua ier favorable weather conditions for the growing crop,
free selling by the country and a large crop movement.
The tone of the Liverpool market for spots and futures Early in the week the downward tendency to values was
eaoh day of the week ending Aug. 21 and the daily closing most pronounced, prices on Monday showing a decline of
prices of spot cotton, have been as follows.
7g@lc. A slight recovery followed in response to firmer ad­
vices from the West, where there was some buying by shorts
S a t'd a y . M o n d a y . T u e s d a y . W e d 'd a y . T h u r s d ’ y F r i d a y .
S p o t.
to cover contracts. Subsequently, however, the market
again turned easier under free offerings from the country.
M a rk et, (
M
od
erate
M
oderate
Q
u
iet
and
Easier.
D u ll.
To day the market advanced early in sympathy with the rise
Q uiet.
firm.
dem and.
1 :4 5 p . M .j
dem and.
in wheat, lat-r reacted, and closed % C . lower for the day.
The spot market was moderately active. The export sales
3^18
M id . TJpl’ d s .
3 5i «
3‘ n
3&ie
S i's a
3<q8
were 175,000 bushels.
6 ,0 0 0
7 ,0 0 0
7 ,0 0 0
7 ,0 0 0
6 ,0 0 0
S a le s.............
4 ,0 0 0
S pec. * exp .

M a rk et,
4 . r . M.

{
S

500

400

F u tu r e s .
M a rk et, )
:4 5 P. M, i

'

300

B r’ly st'd y Steady ai
partially
2-64 de­
1-64 dec.
clin e.

Q uiet.

S teady .

S teady.

300

300

V e ry
s te a d y .

Q u iet at
1-04 d e ­
c lin e .

Steady

B a re ly
s te a d y .

Steady.

Q u iet a t
1-01 de­
cline.
Steady.

The prices of futures at Liverpool for each day are given
below. Prices are on the basis o f Uplands, Low Middling
olause, unless otherwise stated.
H P " T h e p r i c e s arc. g i v e n i n p e n c e a n d 64 th s .

3 63 m e a n s

Thus :

D A I L Y CLO SIN G P B IO E S O F N O . 2 M I X E D COHN.

600

S 63-64d,, a n d 4 01 m e a n s 4 1-64<I.

i f on. T u es .
34%
344

S a l.
to
b
K

September delivery___ o.
December d©livery ....o .
May delivery................e.

34%
....

34%
36%

W ed .

T h u rs.

34%
34%

34%
34%

....

F r i.

34%
34%
—

Oats for future delivery have been dull. Early in the week
prices weakened slightly in response to easier advices from
the West, where there was slightly increased pressure to sell.
Sympathy with the decline in corn also had a weakening
effect upon values. The cash trade has been only moderate,
as neither shippers nor the home trade have been extensive
buyers. To-day the market was quiet and unchanged. The
spot market was steady. No export business reported.
D A IL Y C L O SIN G P B IO E S O F NO . 2 M IX E D O A T S.

M on.

S a t.
A u g . 20 to
A u g . 26.

T u es, 1 W ed .

T litir * .

F r l.

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 l. P.M. P.M. P.M. P.M. P.M. P.M. P.M.
12 ^

1

S e p te m b e r d e liv e r y ....e .

R at,
H o i.

M on.
24%

T iles.
24%

W ed .
24%

Thun,
24%

F r i.
24%

Rye has been more freely offered, and as the demand has
been limited prices have declined. Barley has been quiet
d.
but steady.
August........ 3 U 3 14 3 12 3 34 3 13 3 15 3 14 3 13 3 14 3 14 3 13 3 14
The following are closing quotations:
Aug,-Sept... 3 12 3 V i 3 10 3 12 3 11 3 14 3 12 3 11 3 12 3 13 3 12 3 13
d.

d.

8 ept.-Oot....
Oet.-Nov___
Noy-.Deo. ..
Dec,-Jan___
Jan.-Feb___
Feb.-Maroh.
Moh.-April..
April-M ay..
May-J une...
June July ..

3
3
3
3
3
3
3
3
3

09 3
OS 3
OS 3
OS 3
OS 3
00 3
09 3
10 3
11 3

09
08
Os
Oa
08
09
09
10
11

3
3
3
3
3
3
3
3
3

03
07
06
06
06
07
08
08
09

d.

3
3
3
3
3
3
3
3
3

10
08
08
03
('8
08
09
10
11

d.

3
3
3
3
3
3
3
3
3

08
07
07
07
07
07
O'
09
09

d.

3
3
3
3
3
3
3
3
3

10
09
09
09
09
09
10
11
12

d.

d.

3
3
3
3
3

09
08
08
03
08
1 08
3 09
3 10
3 11

3
3
3
3
3
3
3
3
3

09
07
07
07
07
08
09
09
10

3 10
3 08
3 08
3 08
3 08
3 09
3 09
3 10
3 11

d

d.

d.

3
3
3
3
3
3
3
3
3

19
09
OS
08
08
09
10
10
11

3
3
3
3
3
3
3
3
3

09
08
07
07
07
09
09
10
10

<t.

3 11
3 09
3 09
3 09
3 09
3 09
3 10
3 11
3 12

FLOUB.
3>23 5 Patent, winter....... $3
4
S 2 40 C i t y m ills , e x t r a s
Extra, No. ........
R y e flo u r , s u p e r f in e 2
E x tr a , N o . 1 ............. 2 7 0
S 3 0 0 B u ok w h eat flo u r ...
Corn mealC le a rs - - - - - ____ . . . 3 2 5 S 3 6 5
S t r a ig h t s ...................... 3 5 0 a 1 35
Western, e t o ...... 2
B r a n d y w in e , . . .
‘’ a te o t, S p r i n g .......... 4 5 0 S 4 9 0
F ine ............................. $ 2 3 0
l a p e r f l n e ........ ......... 2 3 0

2

2 50

®2 80

85

S 4 25
70 ® 5 00
40 ® 2 95
...........

15

0 3 25

2 30

[Wheat flour In saoks sells at prloes below those lor Darrels.;
G R A IN .

W m at—

BREADSTUFFS.
F r i d a y , Aug. 26. 1898.
Business in the market for wheat flour has been quiet
Demand has been slow from both the home trade and ex
porters. Bayers generally have been slow in placing orders
their purchases having been confined to peddling lots, a
with few exceptions they have been holding off for lower
values. Prices have shown some irregularity. In the main
they have held to a steady basis, but here and there conces.
sions have been obtained. Choice old crop wheat floor has
been in light supply and well held. Rye flour has had a
limited sale at steady prices. Corn meal has sold slowly, but
offerings have not been excessive and values have held to a
steady basis.
Speculation in wheat for future delivery has been on a
moderate scale only. Early in the week prices were depressed
by dull and easier foreign advices and a large crop movement
iii the Northwest. Subsequently, however, there developed
a steadier tone on a falling off in the crop movement and a
more active shipping demand. The statistical position also
had a strengthening effect upon values. Saturday was a
holiday in the local market. There was. however, some
“ curb ’’ trading and prices for September declined l?jjc. to 68c.,
ih response to weak and lower foreign advices. Monday the
market was easier under weaker foreign advices, a large
movement of the crop in the Northwest and favorable
weather conditions at the West for harvesting the crop.
The close showed a decline in prices o f ’*j®l%c as compared
with
Friday’s
final figures.
Tuesday there was a
steadier tone to the market and prices advanced
The buying was principally by shorts to cover contracts
stimulated by an improved shipping demand. Advices
received from the West stating that only a small
supply of wheat arriving was grading contract also had its
Anfluence in hardening vatnes. Wednesday the market was
firmer daring early ’Change on crop damage reports from
Eastern Russia. Subsequently, however, there developed in­
creased pressure to sell prompted by weaker foreign advices,
and prices declined, closing :1S i?Kc. lower for the day. Thurs­
day prh es were lower early in response to foreign advices.
Later there developed a demand from short3 to cover con­
tracts and as offerings were limited prices advanced and
closed % " vgc. higher for the day. To-day there was a
firmer mtrket during early ’ Change on buying by shorts to

Hard Duluth, No. 1.
Red Winter, No. 2..
Hard Man,, No. 1..
Northern, No. I . . .
0 >ts—Mix'd, per bsh.
White......................

73% » 74%
7l%» 7 4 %
Nominal.
71 <* 72%
26 ® 29
2 1 ® 38 %

N o. 2 m i x e d ............... 2 7

No. 2 w h ite........ .

0.

0.

®

3 l% a

23

S2%

Corn, per hash—
e.
o
Western m ix e d .......... 34
No. 2 mixed.............3 4 % * 3 6 %
Western Yellow.._ 3 4 % *36%
Western W h ite .... ....3 5 ®3<l%
Rye—
western, per bash ...4S 3i 9 5 0 :U
State and Jersey.........45 * 4 1 %
Barley—W estern...........50 ®55
Feeding.........................34 ®36

The movement o f breadstuffs to market as indicated in the
statements below is prepared by us from the figures col­
lected by the Yew York Produce Exchange. The receipts at
Western lake and river ports for the weekending Aug. 20, and
since Aug. 1, for each of the last three years, have been as
follows:
R eoeijtts a t—

F lo u r .

W h e a t.

C om .

'

O ats.

B a r le y .

B ye.

B b ls .lM lb a Bush.Q O lbs B u sh .b M b s Bush.32UiS B u sh A ftlb s B tt.60 lbs.
62,041
2 ,628,833
460 m
2,324,642
103,700
80,034
O h l a a p o . . .. . .
48,95
94.000
2 0 0 ,3)0
375,000
10.800
M i lw a u k e e ..
28,200
101,140
60,200
31,148
£4,1 98
267
1.331,640
I
85,
LO
C
1,8L3
3 64,420
M in n e a p o lis ;
110.390
524.072
111,082
9,884
88'
T o le d o .......
2 8.020
675
41,121
01,068
21,771
5,6(jQ
O e t r o i t ..........
81,59
202,5 t
285,559
..............
C le v e la n d . . .
•
...
. . . A ----348,934
938
347,206
750
3t.'4ir>
3 00,570
S t. L o u is . . . .
18,3
l
O
200,8 0
200,550
7 ,5 ,0
2 ,400
36,000
P e o r ia . . . . . . .
830,000
78,00
5
93,00.0
K a n s a s C it y , i

„„ ,,,

T o t .w k .’ 98.
S a m e w k .’9 7.
S a m e w k /0 0 .
S in ce A uq . 1.
1 8 0 8 ...............
1897 ............
1 893_____

200,640
248,603
238,290

3,008,113
5,269,149
4.137,033

3 ,6 0 1 .8 )2
5,988,132
3 .3 0 1 ,0 )6

4,206,082
6,812,178
3,178,083

1 29 ,09 2
333,301
146,913

108.325
4 3 2 ,2 0 4
204,706

808,468
708,34V
836,75*'.

9,191,567
15,278.080
11.772,995

10,787,265
17,440,408
18 4 "4> :77

9,935,390
17,07 L 9 8 2
9.(588,15*

250,810
089,558
5 9 7 .' 55

585,141
1,082.406
4 5 7 ,4 7 6

The receipts of flour and grain at the seaboard ports for the
week ended Aug. 20, 1898, follow:
Floury
bbls.

2.300
0,t»UO

N ew port N e w s ...

Corn,
bush.
416 525
135,419
796,075
711,003
04-1.220
21,053
21,000
00,000

...........

2.310,820 8,814. m
3,040,003 3,714,274

062,479
1,870.900

Wne/it,
(tush.
732,750
204,391
34*,291
121.200
300.320
11,896
74.900
H.Ourt
280,000

...
W oe k lS O T ... . . . . .

376.274

Oats.
bm h.
36 >,400
204,812
81.3 JO
plt.lML
150,245
10.300
18,146

B arley.
bush.
10,725

Rye,
b u sh .
15,000
071

40,098
800

40.306
714

21,000
l U>Y>
34,1*5

104.377
m i,a a r

* R e c e ip t s 49 n o t I n c lu d e itraln p a j»tn * th r o u v a N ew O rle a n s f o r toreiK O
o rts on Ltaroueh m ils o f la d iu a

A ugust

27, 1898.]

THE

C H R O N IC L E .

Total receipts at ports from Jan. 1 to Aug. 23 compare as
1898.
11.863,245

1897.
10,058,520

1890.
4,959,931

1895.
9,879,076

W h e a t ...................... . .h u s h . 87.419,305
“
135.901,538
C o r n ......................... . .
“
02,368,350
O a t s ...................... . .
•*
3,060,193
B a r l e y .....................
.
"
9,330,503
B y e ...........................

38,150,857
118,526.054
43,980,724
7,125,022
0,008,917

33,989.976
52,180,034
42.432,154
4,764,302
2.033,592

21.205,775
26,757,090
25,072,632
1,448.799
243,942

135,408,058

74,7 31 ,84 4

R ec e ip ts o f —

T o t a l g r a in

...b b ls

“

278.079,894

219,091,034

coatings and cloakings only a slow trade is reported, without
change in quotations. Flannels and blankets are quiet but
firm. Dress goods have been under the influence of the auc­
tion sale, and close the week more or less unsettled.
Domestic C otton G oods.—The exports of cotton goods
from this port for the week ending August 22 were 1,267
packages, valued at $64,190, their destination being to the
points specified in the tables below :
1898.

The exports from the several seaboard ports for the week
ending Aug. 20, 1898. are shown in the annexed statement:
W h ea t,
E s p o r t s f r o m - b u sh .
N e w Y o r k ........ 773,618
B o s t o n ............... 210,214
P o r t la n d ..........
—
P h il a d e lp h ia .. 125,730
B a lt i m o r e ........ 740,031
N e w O r le a n s .. 197,822
N o r f o l k ............
24,000
N ew p ’rt N ew s
8,000
M o n t r e a l . . . . . 202.630
G a lv e sto n —
440,380

626,073
188,224
533.202
595,713
30,253
60,000
510,560
,574,027
,331,259

P eas,
bu sh .
7,941

F lo u r,
bbls.
67,194
23,368

O ats,
bu sh .
430,304
30,925

' 12.819
43,681
4,193
214
0 ,' 00
12.994
1,429

9,780
315
..........
.......... .
144,941

43.275

10,510

171>92
299,873

642,205
.876,729

128.4-15
205,778

18,451
50,722

R y e,
bush.
70,559
..............
* 8 ,5 7 1

..............
..............
..............

B a rle y ,
bush.
337
..............

.............
.......
..............

337
9,780

The destination of these exports for the week and since
September 1, 1897, is as below.
< --------- F lo u r.-------------, r—------ W h e a t .---------- , -------------- C o r n .-----------W eek
S in c e S ep t.
W eek
S in ce S ept.
E x p o r ts f o r
W eek
S in c e S ep t,
A u j . 20.
L 1897.
A u g . 20.
1 ,1 8 9 7 .
w eek a n d s in ce A u g . 20.
1 ,1 8 9 7 .
b u sh .
bush.
bu sh .
'b u s h .
bbls.
S ep t. 1 t o —
bbls.
1,070,004
9 L,431,900
07.559,440
703.092
9.548.430
U n it e d K in g d o m 102.341
1,433,212 1,900,050 5 0 .w l9 .8 l8 1,403.670 1OO.S80.58O
C o n tin e n t.. .......
18,929
3,145
102,293
873.937
2,010
906,295
8 . & C. A m e r ic a .
2 3 .8 11
1»',340
1,490,083
1.375
1.0C 4.995
W e s t I n d i e s .........
14,051
15,7b0
478,314
2,700
241,060
B r. N . A m . C o l o ’ s
vs,039
5,116
1,450,488
1,113,559
20,200
341,707
O t h e r c o u n t r ie s ..
10,128

441

1897.

N e w Y o r k t o A u g . 22.
W e ek .

S i n c e J a n . 1.

W e ek .

S in c e J a n . 1

66
212
2 ,8 2 0
615
15U
t5
434
307
151
719
63

3 ,2 6 7
2 ,4 8 7
9 7 ,5 7 4
5 ,9 8 7
1 6 ,3 4 9
1 3 ,7 0 2
9 .5 8 8
2 ,2 5 5
5 ,5 0 2
3 2 ,6 0 5
3 ,2 8 2

G r e a t B r i t a i n ...............................
O th e r E u r o p e a n .........................
C h in a ................................................
I n d i a .................................................

12

A f r i e a ...............................................
W e s t I n d i e s ...................................
M e x i c o .............................................
C e n t r a l A m e r i c a ........................
S o u t h A m e r i o a . . . , ...................
O t h e r C o u n t r i e s .........................

4
344
45
319
422
120

2 ,2 8 8
786
1 1 6 ,4 9 1
9 ,6 5 7
2 3 ,2 1 2
8 ,8 5 0
9 601
2 ,8 0 8
4 .9 3 5
3 2 ,1 9 1
1 2 ,9 3 9

T o t a l .........................................
C h in a , v i a V a n c o u v e r ^ ___

1 ,2 6 7
4 ,4 3 7

2 2 3 ,7 5 8
1 3 ,9 6 0

5 ,4 0 2
2 ,2 1 6

1 9 2 ,5 9 8
1 4 ,5 6 6

T o t a l .........................................

5 ,7 0 4

2 3 7 ,7 1 8

7 ,6 1 8

2 0 7 ,1 6 4

1

* F r o m N e w .E n g la n d m i l l p o i n t s d i r e c t .

The value of the New York exports for the year to dale
has been $7,834,812 in 1398 against $7,461,707 in 1897.
Although agents refuse to sell heavy-weight sheetings and
drills for prompt delivery at lower prices than before, the
raw cotton situation inclines them towards an easier attitude
T o ta l
............171A02 13,535.705 2.751,932 120,470,829 2,574,027 195.3P9.004
on forward contracts. Light-weight brown and grey goods
T o ta l 1897..... . 299,873 11.807,835 2.935,310 C4.055.265 3,361,259 171,440,737
have sold more freely, and in sympathy with Fall River are
The visible supply of grain, comprising the stocks in occasionally steadier. Bleached cottons in moderate request
granary at the principal points of accumulation at lake and throughout and prices unchanged. Wide sheetings quiet and
seaboard ports, Aug. 30, 1898, was as follows:
showing symptoms of weakness in some quarters. Cotton
B a rie v
O ats
R y t.
C om ,
W h e a t,
flannels and blankets firm. Denims inactive and weak.
bu sh .
IrUSh.
bush.
b ush.
I n s to r e a t—
6,000
0,000
30,000
431.000
Other coarse, colored cottons dull at previous prices. Dark
N e w Y o r k ................—
9.000
a f l o a t ............
Do
fancy prints continue good sellers and other printed calicoes
.'*0,000
fO.uOO
A lb a n y ..
110,000
1
.
0.000
10.000
637,000
B u ffa lo ...
in average request without change in price. Ginghams in
Do
afloat..........
*” 2,00*0 both staples and dress styles steady, with fair demand. There
412.000
74.666
5,918.000
C h i c a g o ..
Do
a flo a t.........
has been a slight curtailment of production at Fall River
2.000
**13.000
M i l w a u k e e ....................
this week which promises to become more general next month
a f l o a t ............
Do
22.iiv- and the demand for cloths has improved considerably, a large
’ 23.000
***9.666
1,217,666
D u lu t h ...
Do
a flo a t..........
business being done. A t the close the tone is very firm with
130,000
30,0 00
196,000
153.009
T o le d o
a floa t...........
Do
sellers indifferent on the basis of 2c. for extras.
2 0 ,0 10
4,000
52,000
37,000
D e t r o it..
afloa t.........
Do
F o r e i g n D r y G o o d s . — There has been a good demand in
O s w e g o ..
the way of small orders for general lines of fall merchan­
7,0C 0
2,000
223.000
S t . L o u is
Do
a f lo a t ............
dise, and in these the market shows no special feature beyond
2,000
* ‘25.666
C in cin n a ti
sellers’ efforts to close out stocks of fancies. Business for
3 i,0 0 u
255 OOO
64.000
Boston........
10.000
T o r o n t o ..........
11.000
next spring continues backward.
19 0 JO
487,000
10.066
M o n t r e a l____
£8.000
P h ila d e lp h ia
14.000
P e o r i a ...........
I n d ia n a p o lis
471.000
K a n s a s C it y .
300.000
B a lt i m o r e ........................
326.000
M in n e a p o lis ............... 1.736.000
O n M is s is s ip p i H i r e r .....................
O n L a k e s .........................
8:*3.000
O n ca n a l a n d riv e r. ..
3J.000

53.000
126.000

*’ *7*000

27.000

15,009

1 , 201,000
0,000

133.000
9,000

3.480.OOO
2,098,000
16,123,000
16.017,000
21.953.000
14,104,000
5,2*7.000

2 ,910,000
3 081.000
8.005.000
0,907.000
3.710.0G0

401,000
4 49,000
1,075.000
1.070,000
390,000

40.000
245.000
213.000
812.0 0
708,000
40.000

I m p o r t a t io n s a n d W a r e h o u s e W i t h d r a w a l s o f U r i 8 « o i l ■

The importations and warehouse withdrawals of dry goods
at this port for the week ending Aug. 25, 1898, and since
January 1, 1898, and for the corresponding periods of last
year are as follows :

t

SE

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© . .

THE DRY GOODS TRADE.
N e w Y o r k . F r id a y , P. M., Aug. 26, 1898.
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The most prominent feature in business this week was the
auction sale of 75,000 pieces of dress goods, the production
of the Arlington Mills, Lawrence, Mass. At agents’ prices
these represented a value of about $1,250,000, but at the
prices realized at the sale but little more than $809,003. The
competition was very irregular, and where plain goods de­
clined on an average 20 per cent fancies fell off fully 40 per
cent. It was hardly expected that the sale wonld prove an
unqualified success, but the result was even more unsatisfac­
tory than anticipated. As a test of conditions actually pre­
vailing in dry goods this sale can hardly be accepted as a fair
criterion, but it must be admitted that it confirmed what has
been stated from time to time in these reports regarding the
generally conservative disposition of the trade in face of pros­
pects such as might be expected to tempt them into some
freedom of action. Even at the low prices the largest houses
bought sparingly. In the regular market, conditions have
not undergone any material change. The demand for cot' on
goods is considerable in the bulk, but there are very few
transactions noted of individual volume and sellers, while
filling orders readily at previous prices, generally refuse to
make concessions. Woolen goods continue dull and unsatis­
factory.
W o o l e n G o o d s . —There have been no encouraging devel­
opments in the woolen-goods division this week. The de­
mand for new spring woolens and worsteds for men’s wear
continues disappointingly conservative, as in only a few lines
are buyers placing orders for other than sample pieces.
There has not been any change in prices, but a disposition
to curtail production is growing more noticeable, and several
mills have shut down during the past week or two. In over­

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0.000
1 O.000
110 .0 0 0

M a n u fa ctu re s o f —
W o o l ...........................
C o t t o n .......................
S i l k ..............................
F l a x ............................
M i s c e l l a n e o u s ..........

1,000
9 ,000
0 \ o tO
32.000

71.000
73.000
234.000
015,000

T ota l m ark eted ...

A u g .2 0 , 1398. 5 850,000
A u g . 13. 1398. 0.897,000
A u g . 2 1 . 1897.10,729.000
A u g .2 2 1890.45, 39.000
A u g .S i, 1895 35.0.-9,000

1 1 1,000

T o t a l w it h d r a w a l s
E n t’d lo r oon su m p .

T ota l
T ota l
T ota l
T ota l
T ota l

45,000
309,000

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4 42

THE

C H R O N IC L E .

(You LXVII.

$ W £ AND C ity D£P^DTM£flT,

" ’ ill be for 18 months4 interest: the balance of coupons will
be due yearly thereafter, Ttie village will b - free from in­
debtedness on March 1. 1809. and the assessed valuation of
TERMS OF SUBSCRIPTION.
property in the corporate limits exceeds SlOOjO *.
Almond, ff is . — B o n d s A u th o rize !„—It is reported that
The I nvestors ’ S upplement will be furnished w i t h o u t $20,000 railroad aid bonds have been authorized
e a t r a ch a rg e to every annual subscriber of the C o m m er c ial
Ann Arbor (M id i.) School District.— B n B a le.— On
and F in a n c ia l C hr o n icle .
August 15, 1898, $14,000 4 school bonds were awarded to the
The S tate and C it y S upplement will also be furnished State Savings Bank of Ann Artror at 103’ 148.
tottho t r e x t r a c h a r g e to every subscriber of the C h r o n ic le .
B elleville ( 111.) School D istrict .— B o n d C o !,'.—Oa August
The Street R a i l w a y S upplement w ill likewise be fur­ 19, 1898, the $17,.300 47 refunding hoods were awarded to
nished w ith o u t e x t r a c h a r g e to every subscriber o f the West & Fink. Belleville, at 1 4'25. Following; nre the bids :
Ch r o n ic l e .
The Q uotation S upplem ent , issued m onthly, w ill also be
firn ish ed w i t h o u t e x t r a c h a r g e to every subscriber o f the
C h r o n ic l e .

W o»t

&

F i n k . B T le r U le .

C h ristopher S c b a e fq r .S e lle r .
M ason. Lewis jt Co.. C h icago.
Scoeonjtood & M uter. Cim-tn.
N . W . Harris & Co.. Ch ic a g o ..
First Nat. ILiitk. BelloviJK* ,.
B elleville S a r.B k ,, BeU ovllle.

K U 3 75 T row briiige,
M acD on ald &
(H) <0
$17/0(1 00
S Ivor C o.. ChtatpM..........
n
Faris n. L ea ch i « o .f$ l? .o o o ) i2,367 00
17 >23 _
D tm *ld*oa B on d & Stock Co.
17 .763 40
($ 1 2 .0 0 0 )............ .................
12,169 TO
17
j W e rn se & O ie cfctn n $ 1 2 /0 0 ) 12.00250
17
X) i W . J. 1 1a re ? A Son.1*, C l e v o ... 17.500 00

01

TERMS for the Chr o n icle with the four Supplements
Principal will mature September 1. 1918 For description
above named are Ten Dollars within the United States and of bonds see C h r o n i c l e August 6. 1893, p. 234.
Twelve Dollars in Europe, which in both cases includes
BelleTiic, Pa . — B o n d S a le .— On August 23, 1898, $48,000
postage.
__________
4? sewer bonds were awarded to William M, Bell Ar Co.,
Pittsburg, at 103 08. Bonds mature on October 1 as follows:
Terms o f A dvertising—(P e r inch space.)
$2,000 yearlv from 1914 to 1920, inclusive; $8,000 in 1931,1922,
T r a n s i e n t m a t t e r t e a c h t l m e ) $ 3 5 0 I T h r e e M o n t h s ( 1 3 t i m e s ) . . $ 2 5 0 0 1923, and $10,000 in 1924,
St a n d i n g b u s i n e s s CARDS.
S ix m on th s
(2 0 t im e s ) .. 4 3 0 0
Boonville. Mo.— T e m p o r a r y L o a n . —The city has negotiated
T w o m o n t h s iS t t m e a )............ I S OO 1 T w e l v e M o n t h s ( 5 2 t i m e s ) . 5 8 0 0
a loan of $0 0 with local banks. Lian matures Jan. 15, 1899.
Braddock. Pa.—Roads V o t e d .— By a vote o f 215 to 13, the
Cincinnati. Ohio .— B e f u n d i n g B o n d A g r e e m e n t E n j o i n e d . borough on August 23, 1893, authorized the issuance of over
— On August 18,1898, Judge Spiegel granted an injunction $80,000 water-works and street improvement bonds
restraining the Sinking Fund Trustees from entering into a
Brazoria County, Texas.—Ronds -A pprored . - On August
contract with Roberts & Co., New York City, to refund $15,- 16, 1898, the Attorney-General approved for registration
615,000 outs' anding 77 railroad bonds at 3)4 '! . According to $ 0,000 bridge bonds.
press reports, the Court held that there was no competitive
Bnffalo, N. Y.—B o n d O ffe rin g .—Proposals will be received
bidding and that the Trustees failed to exercise good discre­ until 12 m., September 6, 1898, hv Erast us C. Knight, Comp­
tion in accepting the terms of the contract.
troller, for $466,003 54 3' registered tax loan bonds, as au­
New York City. T a x L e v y f o r 1 8 9 S — B o r o u g h s o f M a n ­ thorized by Section 113, Title 4, Chapter 105, Laws of 1891.
h a tta n a n d The B r o n x .— Oa Aug. 23,189S, the Municipal A s­ Securities bear date August 15, 1898. Interest will be pay­
sembly confirmed the tax rate o f $20 10 per $1,000, as reported able February 15 and August 15 at the office o f the City
by the Finance Committee last week. The assessed valuation Comptroller, or at the Gallatin National Bank, New York
of real estate as reported for 1899 is $1,856,467,923 and the City. Principal will mature August 15,1903. A certified
personal estate $509,022,449. a total of $3,365,-19 ,373
check for i f of the amount of bonds bid for, payable to the
The total taxes to be raised in 1898 are $47,356,863 13, of City Comptroller, must accompany proposals. Check must
which $46,402,743 16 represents the budget adopted December he drawn on some incorporated bank or trust company.
23, 1897. and given in detail in the State and" C it y S upple ­
Bunker H ill, 111.— B o n d S a le . —The city sold last month
ment , and $954,119 97, the amount added for deficiencies.
to N. W. Harris & Co,, Chicago, the $6,900 5 ; 5-15 year
The tax rate of $20 10 per $1,0 0, on the real and personal es­ (optional) electric-light plant bonds which were recently
tate subject to taxation for all city and county purposes, authorized by the City Council.
amounting to $3,290,945,396, will yield the sum of $46,048,Burlington, Y t .— L oa n W i l l N o t B e N e g o t i a te d , —W e are
002 45, and the tax of 1 7558 per cent on the valuation of the advised that the $10,(00 loan which was recently authorized
personal estate of corporations, exempt from taxation for was found to he unnecessary, and the money" will not be
State purposes, amounting to $74,514,976, will yield $1,303,- borrowed.
860 63, making the total of $17,356,863 13.
Caldwell County ( P. 0. Kingston), Mo.— C o r r e c te d B o n d
The foregoing figures all relate to the boroughs of Manhat­ O fferin g .— In the C h r o n i c l e of August 13, 1898. p. 335, we
tan and The Bronx, consiituting the old city before consoli­ stated that this county would offer for sale oa Sep-ember 5,
dation. For the coming year money will have to be provided $18,fOO 6,T court-house bonds. W e are now advised that the
for the entire consolidated city. This budget, as prepared by amount of bonds to be offered for sale at that time has been
the Board of Estimate and Apportionment, amounts to $77,- reduced to $13,500, the -8-1,500 bonds maturing on May 2, 1899,
551,222 07. The net budget, after deducting the general fund not being offered for sale.
of unexpended balances amounting to $5,040,90 ) 44, is $72,Cambridge, Ohio.—B o n d S a le . —The following bids were
510,321 63. The tax levy (which will not be made until next received on August 22,1893, for $7,413 5 ) 0 sewer bonds ;
year) for this latter sum will, of course, be on the entire „ „
P rem iu m . T
Prem iu inproperty of the city, including Brooklyn, Queens and Rich­ S. K u bn & Sons, C ln oim ia ti....... $304 37 i S e a so n go o d & M ayer, C in tin . ...$335 * 0
W
.
J
.
H
ayes
&
Sons,
C
le
v
e
la
n
d
,
3S
000
s.
A
,
K
ean
.
C
h
ic
a
g
o
....
.
.
. 2 2 2 40
mond boroughs.
T h e L am pracht-.B ros.C o-.Clave. 363 60 I B riggs. S m ith <fe Co.. C inetehati. c-7 00
B o n d L i t i g a t i o n .—The action brought in the Supreme
Bonds mature one-tenth annually. For further description
Court to prevent the delivery of the $12,688,992 36 S 1 0 bonds of bonds see C hronicle August 6, 1898, p. 284.
to the Produce Exchange Trust Co,, to whom they were
B o n d O ffe r in g .— Proposals will be received at the office of
awarded by Comptroller Coler, came up for hearing on T. R. Desehn, City Clerk, until 13 M . Sept. 24, 1898.fo r $9,009
August 33, 1898. As stated before, the suit was entered to 4)£7 sewer bonds and $9,00.) 4) .<7 street-paving bonds. Secur­
enjoin the award to the Trust Co. on the ground that their ities of both the above issues will be in denomination of $1,000,
bid was not the highest. The Comptroller, on the other dated Sept. 1, 1898 ; interest will be payable semi annually.
hand, claims that the bid of Vermilye & Co. was a conditional Principal will mature Sept. 1, 1923. Bonds are issued pursuant
one and therefore not legal. Judge Cohen has reserved his to sections 2835 and 2837 of the Revised Statutes of Ohio and
decision.
of ordinances passed Aug. 8, 1898, authorizing the issuance of
Another suit has been brought by Zimmerman & Forshay, said bonds. The two issues must be hid for separately.
who bid in $1,000,000 of the above bonis, to compel the
Camden School District No. 1, Oneida County. N. Y.—
Comptroller to show cause why the bonds should not be B o n d S a le .—On August 23, 1898, the $8,C00 47 bonds were
awarded to them, claiming that the city would lose a quarter awarded to the D. G. Dorrance Estate, Camden, at 102‘0625.
of a million dollars by not accepting the bids of those offer­ Following are the bids:
ing to purchase in small amounts. Judge Cohen has re­ D .G . D orruceo
linden W .U W 0 0 1 C. H . W h ite A O d „N e * r Y o rk .*8,045 00
Oswegh Co. S»v. Bk., O sw e g o ., 8,100 80 ] B en w ell & K v cr itf, N ew York. 8 / 1 4 40
served his decision.
l.*aao W . Sherrill. P o 'fco o p s io .. * ,1 1 / on S. A . K ean, C h ica g o................... 3,010 00

Bond Proposals and Negotiations this

week have been as follows:

Aberdeen, S. Dak .— B o n d O fferin g ,—Proposals will he re­
ceived until 12 m , September 12, 1893, for $23,010 57 refund­
ing sewer bonds, Securities will be in denomination of
$1,000, dated October 1, 1898; interest will be payable April
1 and Oct. 1 at the Chemical National Bank, New York City.
Principal will mature October 1, 1918, subject to call $1,000
each year, commencing October 1,1899. Bonds are Issued
under authority of Chapter 140, Statutes 1895. The purpose
of this ietue is to fond a like amount of sewer bonds of 1888.
W e learn from the printed circular that there is no contro­
versy or litigation pending or threatened affecting the valid­
ity of tb m- tends." J. A. Schlueter is the City Auditor.
«■» A lexis(V illa g e), 111.—B o n d O ffe rin g .— Proposals will he
received until 12 M., September 1, 1898, by Ohns. E. Johnson,
for $3 000 67 coupon water-works improvement bonds. Secur­
ities will be in denomination of $500. Principal will ma­
ture $500 yearly on March 1, from 1900 to 1905, inclusive,
The first coupon on each bond will be due March 1, 19C0, and

C. <
R . B . M nltb & Co.. New Y o r k .. 8,07500 |\V. H olm an Cary. New Y o r k ..

00

Bonds mature $1,000 yearly on September 15, from 1S99 to
1906, inclusive. For further description of bonds see C hron ­
icle August 20, 1898. p. 387,
Canyon Creek. Lewis and Clarke County (Mont.),
School District No. 3 0 . - B o n d O ffe r in g .— Proposals will be
received until 10 a m., September 7, 1898, by the School
Trustees of this district, at the office of the County Treasurer
for $800 fi)f coupon bonds. Principal will mature in 1918
subject to call after 1903,
Carthage, Mo.—Rond O a ring.—Proposals will be received
until 12 M-, September 10, 1898, by R. Lundy. City Clerk, for
$25,000 refunding court house bonds. Securities' will be in
denomination of $500, dated Angust 1, 1S93 ; interest will be
payable February 1 and August 1 at the Continental National
Bank of St. Louis. Principal will mature August 1, 19U,
subject to call $3,000 yearly after August 1, (903, and $10,000
after August 1, 1908. These bonds are issued under the pro­
visions of Section 835, Article 1, Chapter 21. Revised Statutes
of Missouri, amended in 1897, page 39, Laws of 1897. We are
advised by the City Clerk that there is no controversy or liti-

AUGUST

THE

1898.J

C m tO N IO L E .

143

stated, that the city was being bonded for more than 5,7 of
the assessed valuation, the legal limit.
Fresno County ( Cal.) Bowles School D istrict—Bond S a le.
—The district has awarded to P. T. Bowles $1,500 6,7 gold
bonds at 102. Securities are in denomination of $300 and
mature one bond yearly from 1900 to 1904, inclusive.
jESst&Troo’£ k i . o - B i i t o n . , . . , , — U S '£1 B a m p reeM B r o s . Co., C levelan d .1 1 3 -0 5
Fresno County (Cal.), Fresno Colony School D istrict.—
A d a m s k Co.. B o s t o n .................... 113*So D enison . P r io r k C o .,C le v e la n d ..H o 2 ?
G erm an 2sat. Bank. C in c in n a ti.. .1!3*7-. ■S eason g 00& k M ayer, C in c in n a ti 107-52
B o n d S a le .—The district recently sold $5,000 77 bonds to the
E d did A ~ e S. s: B . C o., C l e v e .... 113*13 i
First National Bank o f Fresno a"t 1(7 038. Bonds are in de­
Principal will mature October 1, 1925. For description of nomination of $500, and mature §1,000 yearly, from 1905 to
bonds see Chronicle .July 16. Ir93. p. 137.
1909, inclusive. Principal and interest will be payable in gold.
Col umbos, Ohio.- B o n d I m t e R e c o m m e n d e d .—A t a meet­
Fresno County (C al.) Herminghaus School District.—
ing of the Board o f Public Works ordinances providing for B o n d s N o t I s s u e d .—W e are advised that the $1,500 bonds of
the issuance of 15.500 Third Avenue improvement bonds and this district recently authorized were not legally prepared,
$3,50 t Marshall Avenue bonds were recommended favorably and the bonds were canceled,^
to Council.
Galesville, Minn.—B o n d i V o t e d . —By a vote of 108 to 25,
Crafton ( Borough), Pa .— B o n d S a le —On August 23,1898. the citizens of this place have authorized the issuance of
Ihe $16,<00 41 coupon funding bonds and $3,390 \% coupon $3,000 water-works bonds.
sewer bords were" awarded to Robinson Bros., Pittsburg, at
Gaylord, dlinn . — B o n d S a le .— O n August 16, 1893, the
102-03. Following are the bid s:
$5,0(0 65 electric light bonds were awarded to the Minnesota
3L B ell 4 C 0 - ........................_100*T7
SobiUSb.n B ros.. P i 't s b n r s .......... 102*03 j
Loan & Trust Co., Minneapolis, at 106-052. Bonds mature
M etroiX 'fifan X a t. B k .-P lttc im r ". 102 00 >M erca n tile T ru st C o .,P ittsb n rg .I•>j'275
$500 yearly on September l , from 10)1 to 1910, inclusive.
Jam es C areutilers. Pittsburg-.. .101*10 f
For
further description of bonds see Chronicle, July 30.
Bonds mature 82,000 on September 1 of the years 1901,
19(4. 1907,1910, 1913, 1916. 1919, 1933, 1925 and $1,500 Sep­ 1898. p. 240.
Grand Rapids (T illa g e ), Minn .— N o B o n d I s s u e . —This
tember 1 , 1928. For further description of bonds see C hkosvillage has had under consideration the issuance of $20,000
IC X E Angus’ 13, 1898, p. 835
Danville, >"a.— B o n d S a le .—As stated in the C hp.oxicle I of binds, bnt we are advised has finally concluded not to
at the time, the city on February 23, 189S, sold to Sperry, j issue them.
Great fa lls , Mont-— B o n d O ffe rin g .—This city will sell at
Jones & Co., Baltimore, at private sale, $100,001 4)47 SO year
bonds at 101 85. These securities are issued for municipal public auction at 10 a . m. on September 22, 1893, $375,00) 5%
purposes, ana are son-taxable. The bonds were delivered coupon water-works bonds. Securities will be in denomina­
$85.(00 on March 31. $5.(00 on May 11 and $10 000 on July 1. tion of $1,000; interest will be payable at the office of the
The sale recently alluded to in some of the papers was this City Treasurer, or at the option < f the holder, at some bank
in New York City, to be designated by said City Treasurer.
last deiiv ery of $ 0,C00.
W ith the amount $100,01 Co received from the above sale j Principal will instore^12-5,090 on July 1 in each of the years
and that from the sinking fund the city retired the follow­ 1908, 1913 and 1913. Etch bidder is required to deposit with
the City i reasnrer a certified check or cash to the amount of
ing bonds:
§8,750. C. H. Clark is the City Clerk,
fit Si-WOTh^v
- Jnr n- "T "fiffon
ta
Ga.— B o n d O ffe rin g . —Propo­
: - *> TaiL-'-wi ■
c:- Xo. I>ar;-v
sals will be received until 10 a. in. October 8 , 1895, by the
6S 7sq. D&o 'rBtebSids Ce^^-SSelSiSit;;
-Secretary arid Treasurer, tor 31-).((I) fiy water-work-: bonds,
Dayton- Ohio . — B o a d Oftexrin g.— it sport® state that pr:
Securities are in denominations of $.59 j and $1,00 ). dated N o ­
sals will be re<’weired until 12 M. . September 2f; t 1: j :-.
vember 1. 18-3 Interest will be payable January 1 and July
j 4•S U tiee bonds an d $50,i >o j 0
storm water se1 at the Mayor's effite. Principal will matare $1,000 yearly
on November 1, from 1906 to ’.9)7. inclusive, and $2,900 on
De Sol;5. Mo. —B o n d s Proj.ro rn d .- -The City Council has
Jao. 1, 12®). A certified cheek for 5 j o f the amount of bid
cle-' esjnsu
must accompany proposals. These bonds were authorized by
1
" :i n d fa r tb& tp f r,
Ot £7.0, 0 :
maturing O:
a rote of 177 to 06 at the election held August 9 1898, James
ing o f *he•rv-mn
the ei ry
B. Williams Is the Mayor of Die city.
Ei%ria. Ohio . — Bin > S 1<
August 24. 1838 W.
Grove City (B orough). Pa ,— B o n d Stic,—This borough re­
Hayea- &
C level arsi. ’iYexe s ,Trardad the % 1"0, v0r* 5
cently sold the 613,0 -0 4 : w : :er bonds to Parian, L -ash &
water' works c ‘j nstraction be
108**3 and the#45, 'J b
Co., New York City, at par. Interest will bs payable semi­
water-wor*5 purchase b o m - at l l i ’S-c, Folluwisg ax—
annually »t the First National Bank o f Grove "City, and the
bids c
principal wisi mature $3,' 0) in 1918, $1,0.0 in 191 j, $4,000 in
1923 and $4,000 in 1933.
Hoboken, N. J . — B o n d S a le .—On August 24, 1698. 850.000
47 30-year paving bonds were awarded to N. W . Harris &
Co., New York, at 1(6-43. Following are the bids:
RaO'.n-h Klevr,
t r. .. r-.ri.ftik.il
(>.•
In-'- I v . W . H a n ts A O -., ;f» s r T<-,r5r~!'X--43T E d w . C .J -ja e- Cu.. X « jr V o r i ___105-878
C .H . W o l e X C<>, .New Y ork ............................
k *."«a»
s.-.-iw J Fars-n, Lus*fa k Co . New Tori..L'-"5*C»5 J NewJersey Title Guarantee A

gation, pending or threatened, affecting the validity of this
issue.
Cleveland, Ohio.—Bond S a le .—On August 2 2 , 1593, the
figo \fOO 40 water-works coupon bonds were awarded to Estabrook & Co.. Boston, at 113-91. Following are the bids:

Beaws;!; ± Brens, t, St;?r Y o r k ... 10*5*05

S e a s o a e o o d k M s v ^ r .'c in e in n a t L ? ^ r ..^ !!I !* l'!!!'" ......'

0 127

S-- 1

T r a s : r >......... ............. .............. . 103*56

Holyoke, Mass.—7 e m p y r a r y L o a n —The city has negoti­
ated a 6 moiiT: T loan o f $50,000 at a little above 37.
. l
'
- fS
'
Houston, T e x a s — N ew s R e g a r d in g B o n d s .— We are ad­
W h m n n k - r b iesin g »r. S e w Y o r k ______" . . .
*45*5
2 * o
I. W . S h er r ill V m g h k e ez > * ie,,............
£So
V - ’ 7 vised that the issuance of - 5 . 5,000 bonds for street improve­
First XafiOD-sl Bank, C clu rctisn ____. . . . . . . . . . . ____
£- 2:1 >
\
ment and school purposes is merely being considered. The
.The $150 0v .>bonds mature $10.0)) yearly on July 1 from* motion was made by one of the Aldermen and referred to the
1909 to iti-iS, includve, and the $15,0)0 bonds mature $10,0)0 j Finance Committee, which committee has not yet reported in
yearly on July 1 from 1924 to 1927, inclusive, and $5 0(0 July |the matter.
1: 192-8. For further description of bonds see Cheojucxe
B o n d S a le .—On August 20, 1698, the $101,000 57 40-vear
Ang, 0. 1898. p 2;5.
street-improvement bends were awarded to W . 3 . Hayes &
Fayette County (P . 0 Lexington), Ky .— B o n d E le c tio n .— j Sods, Cleveland, a: 105-317, Following were bids received :
A t an election to be held in November, 1898. the question of
ic S or= , CiewG.
106*3171 D enison . P r io r k Co.. Cl e r e . . . .101*370
10£* i0 Spit ie r ic CeMT o ie d © .,............... lo*~25Q
issuing StOO.u,) 47 county bonds will be submitted to a vote Lam precD t B ros. Co., c ifc v t
Hudson, N. T .— B o n l S a le .—On August 22, 1893, the $10,o f the people. Interest will foe payable in New York City.
0(0 47 10 year refunding water bonds were awarded to the
The date of issue and other details are not yet determined.
Fayetteville. Tenn .— B o n d E le c tio n P o s t p o n e d . —Local Hudson City Savings Institution at 105-15. For description
of
bonds see C hronicle August 6,1893, p. 385.
papers state that the election to vote on the question of issu­
Hudson County. N. J .— B o n d S a le .—On August 19,1893,
ing $30 090 5 : 10 2-1-year notional, water-works bonds has
been postponed until after September 1, 1803. The election the §25,050 4 7 new bridge bonds were awarded to the Provi­
dent Institution for Savings, Jersey City, at 103-29. Follow­
was originally called for August 27, 1898.
Freeburg. III .— B o n d S a le .— The city has sold the $60) 5 $ ing are the bids :
Stanton & Co..N e w YoFir. 101*90
water-works oonds, recently authorized. They are in de­ P r.j". In*, fo r- S ar.. J e rs e y C- ity-. J03*2 3 ' W e lte r [arris
Yw .
.101*55
nomination of $100.
T>anl A- M oran k Co , Sttvr York. 102*01) S. A K&yh is o erieok ...................103*00
Fremont. Ohio .— B o n d O ffe rin g .—Proposals will be re­
Bends mature $2,000 yearly from January 1, 1800. to Jan­
ceived until 12 M. September 5, 3696, by the Finance Com­ uary 1, 1912, inclusive. For description of bonds see Chron­
mittee of toe City Council for not more than $5,009 4.7 street icle, August 13. 1-393, p. 335.
improvement bonds. Securities are in denominations of
Hyde Park, Mass.— B o n d O d e r ir-.g. —Proposals will be re­
from *100 to *560 dated September 1, 1898. Interest will be ceived until 7:30 p. ii , August 29, 1898, by Henry S. Banton,
payable April 1 and October 1. And the principal will ma Town Treasurer, for $15,00) 47 Library Building bonds. Se­
tare as follows: $400 April 1. 1899. -6100 October l. 1899. and curities are dated May 1, 1S98: interest will be payable May
$85 1 each April 1 and October 1 from April 1, 1900, to Oeto- la n d November j. Principal will mature yearly on May 1
ber 1 , 190 i, tncltxaive. A d-posit of $150 in money or by cer­ as follows: $2,000 from 1699 to 1903, inclusive, and $1,000
tified check will be required with each proposal. Securities from 1904 to 1918, inclusive. These bonds have been examined
are issued pursuant with sections 2704 and 2705 of the Re­ by Messrs. Storey & Thorndike, and the validity o f the issue
vised Statutes of Ohio.
confirmed.
Freeport, il l.—B o n d s B e a t m r d e d . —On August 13,1898,
Jersey City, N. J .— B o n d O fferin g .—Proposals will be re­
the ci r re-aw ardeth e $35, ’ 55 57 i 1rear city hall bonds to ceived at 1 p. 3i.. September 7, It 96, by the Clerk of the Board
Mason. Lswis 6c Co., Cnicago. at 113. These bonds were of Finance, in open meeting fo r $150,0-047 gold coupon free
originally awarded to the German Insurance Co. of Free­ public library bonds. Securities are issued pursuant witn an
port, as stated in the C hro .victe August 13,189$, but were A ctor the Legislature approved April 1, i - t i , and supple­
-afterwards refused by that company, on the ground, it is ment and amendments thereto approved March 21, 1805,
N. W. Hsrrl--Jfe fv-., Chi-bago

.-

2 7"± '

444

THE

C H R O N IC L E .

March 10, 1893, and April 13,1897. Bonds are dated April 1,
1*98, and are to lie delivered to purchaser October 1, 1893,
Interest will be payable April 1 and October 1, and the prin­
cipal will m ature'April 1,1928. A certified check drawn
upon an incorporated bank or trust company to the order of
the City Treasurer of Jersey City for 2 t of the par value of
the bonds bid for must accompany proposals. Bonds are
exempt from taxation.
Jewett (Leon County, Texas), School District.—Bonds
A p p r o v e d . —The Attorney-General on August 19, 1898, ap­
proved for registration $3,000 school house bonds.
Johnston, N. Y.— B on la V o te d —At the election held
August 25, 1898, the issuance of $75,000 bonds was authorized
for the payment of claims for damages sustained years ago,
when the city built its water-works.
Jones County. Texas.—A g r e e m e n t in R e g a r d to B o n i s . —
The matter of the $10,030 funding bonds of this county has
been settled by an agreement which was made last month
between the county officials and the holders of the bonds, the
Matagorda County School Fund. Tire latter agreed to re­
tain the bonds and credit 1? interest on each coupon, thu3
making the securities bear 5-i interest instead of 6£. See
C hronicle May 7,1898.
Joplin (M o.) School D istrict .— B o n d Fate.—The district
has awarded to Seasongood & Mayer, Cincinnati, the $2,500
6; 5-20 year (optional) bonds at 106'48.
Keesville (V illage). N. T .— B o n d O ffe rin g .—Proposals will
he received until 4 p. m . August 30, T888, by C. M. Hopkins,
President, fo r a $1,000 4, semi-annual coupon bond dated
September 1, 1898, payable to hearer September 1, 1908, both
principal and interest being payable at the Keesville National
Bank. This bond is issued for the purpose of refunding
water bond No. 12, maturing September 1, 1898.
Kingwood, W. Ya .— B o n d Sale.—On August 18, 1898, the
$10,000 5 : side-walk and electric-light bonds were awarded to
the Board of the School Fund of West Virginia at par and
accumulated interest. Other bidders at par were S. A. Kean,
Chicago; W. J. Hayes & Sons, Cleveland, and Kane & Co.,
Minneapolis. Principal will mature August 5,1923, subject
to call after August 5, 1908. For description of bonds sse
C hronicle July 30, 1898, p. 241.
K noxville, Pa.—B o n d s V o t e d .—At the election held A u­
gust 23, 1893, the issuance o f between $10,000 and $14,000
water-works bonds was authorized.
Lake Odessa, M id i .— B o n d s V o t e d . —By a rote of 204 to 29,
the citizens of this village, on August 16, 1898, voted to issue
bonds for water works.
Lanesboro, Minn.—B o n d S a le , —Oa August 17, 1898, the
$7,000 5£ water-works extension bonds were awarded to J, D.
Cleghom & Co., Minneapolis, at 103 071. Following are the
b id s:

J . D. Clej?liorn & n o .,M iim e,lis.$7,215 00
M ason, L ew is & C
C o ic a u o -. 7,234 25
N at F a rm era’ Bk.. O w aton n a . 7,115 00
F a rson . Leach k C o., C h icago. 7.103 0*1
J. C. N orton . St. P a u ............... . 7.032 25

K ane & Co., M in n e a p o lis ....... $7,075 00
M in n eapolis Loan & T rust Co.,
M in neapolis ............................. 7,037 50
S. A , R eam C h icago ............... 7,008 75
W . J . H a y e s & Sons (less $05).
Par

Interest will be payable at ths Village Treasurer’s office,
and the principal will mature $1,000 yearly on July 16 from
1904 to 1910, inclusive.
Laurel, Md.— L o a n N o t A u t h o r i z e d .—It has been reported
that this city was authorized to borrow $1,000. ITpon inquiry
we learn from Mayor Phelp3 that the report is incorrect.
Leonia (B orough), N. J . — B o n d O ffe r in g .—Prop asals will
be received until 8 f . m . September 7, 1893, by C. Christie,
Mayor, for $3,500 5% coupon fire department bonds. Securi­
ties will be in denomination of $00 ): interest will be payable
March 1 and September 1 at Citizens' National Bank, Engle­
wood, N. J. Principal matures $500 yearly from 1903 to
1909, inclusive. Bonds are authorized by special election and
by Borough Council. The borough has no other debt. As­
sessed valuation for 1898 is about $600,000; population about
809.
Le Roy (N. Y.) School District No. 1.—Bond O ffe r in g .—
Proposals were asked for until 7 p . m. yesterday (Aug. 26,1898),
by the Board of Education at the office o f the Clerk, Harry H.
Falkner, for $8,000 V bonds. Securities are in denomination
of $1,009; interest will be payable May 20 and November 20.
Principal will mature $2,000 yearly on the 20th day of No­
vember from 1900 to 1908, inclusive. A t the time of going to
press the result of this sale was not known.
Liacolu, Neb.—B o n d S a le .—As recentlv stated in the
C hronicle , $15,000 of the issue of $139,500 4 Vpi refunding
bonds were sold to private parties at par. We are now ad­
vised by the City Treasurer that he has sold $33,000 more of
this wane, also at par.
Los Angeles, Cal. — B o n d O ffe rin g .—Proposals will be re­
ceived by C. H. Hance, City Clerk, until 10 a . m . September
19, 1898. for $150,000 Fire Department bonds, $28 000 bridge
bonds, $10,000 park bonds and $169,000 tunnel bonds. The
Fire Department bonds are to be serial and are to be divided
into five blocks of forty bonds each, the bonds of three of
said blocks to be for the sum of $1,000 each, the bonds of one
of said blocks to be for the sum o f 8509 each and the bonds of
the other of said blocks to bB for the sum of $250 each. One
bond of each block will be due and payable annually. The
bridge bonds are to be in one block, forty in number and
serial in character, each for the sum of $-575. One of said
bonds will be due and payable annually. All of above bonds
will bear date of July 1, 1899, and interest at the rate of 4 %
per annum, payable in gold coin January 1 and July 1 at the
office of the City Treasurer.
The park bunds are to be in one block, forty iu number,
serial, each for the sum of $250. Oae of said bonds will be

[Vol, l x v h .

due and payable annually. S lid tunnel bonds are to be 160
in number, serial, and are to be divided into four blocks o f
forty bonds each, said bonds to be for the sum o f $1,090 each.
One bond of each block will In due and payable annually.
All of the above park and tunnel bonds are to be dated
August 1, 1898, and to bear interest at the rate of 44 per
annum, payable February 1 and August 1 in gold coin at the
City Treasurer’s office.
Proposals will be received for the entire issues of each of
said kinds of bonds or for one or more of the blocks of sai l
bonds. Each proposal must be accompanied by a certified
check payable to the City Treasurer and in an amount equal
to 3:2 of the total amount bid.
Los Angeles County (Cal.), San Fernando School Dis­
trict . — B o n d S i t e —Tne district sold last mouth to the Oak­
land Bank of Savings $1,50!) 67 1 5 year bonds at 102‘83S.
Lufkin, Texas.—B o n d s R g i s te r e d .— Oa August 19, 1893,
the Comptroller registered $10,001! water-works bonds.
McKee’s Rocks, Pa.—F a r t h e r D e ta ils R e g a r d i n g B o n d s .—
The $40,000 of bonds which we noted as authorized in last
week's C h r o n ic l e are for the following purposes: Sewer
bonds, $10,000 ; street-improvement bonds, $15,000, and re­
funding floating debt, $15,000, Securities will bear o% in­
terest, payable at United States National Bank of Pittsburg.
Malta (V illage), Ohio . — B o n d S a le .—Oa August 20, 1898,
the $10,000 5% street-improvemont bonds were awarded to J. C.
Bolen, Zanesville, at 102 51, Following are tha bids:
•1. C. R o la n ,Z a n e sv llle ............ *10,251 00 |S. A . K ean, O h io a ff o .............. .*10,101 25
W . .1. H ayes & Sons, C lo v e ... 10,572 00 A . O fford, M cC o n n e lsv llle (2
E, M. Stunborrr, M eC onneU v. 10,351 00 | b o n d s ).................................... 1,005 00

The bonds were awarded to Air. Bolen, as bis bid was the
only one according to specifications. Principal will mature
$500 each six months from March 1, 1995, to Sept. 1, 1914.
For description of bonds see C hronicle July 16, 1898, p. 138.
Manitowoc, Wis.— B o n d S a le .—Oa August 15, 1998, the
$15,009 4147 harbor improvemmt bonds were awarded as
follows: Farson. Leach & Co., Chicago, $12,500 at 104*02 and
Fred. Schutte $2 509 at an average price of 105*708. Follow­
ing are the bids:
Farsou, Leach & Co.. Now York 104’ 03 I K a n e A C o., M in neapolis ............. 102*20
Mason, Lewis A Co.. Chicago...... 103'93 S. A. K ean. C h icago .......................102*00
W. J. Hayes & Sons, Cleveland. .103*81 1S p itz e r & C o .. T oledo..................... .101-31
Liinorecht Bros. Co., Cleveland.103*52 I C. H . Co din, C h ic a g o .......................
Par
Manitowoc Saving* Bank ($,500)..103-40 H, Staize, M a n ito w o c ($1,000) ...103 75
N. W. Harris & Co.. C hicago.____ 103*30 |
'$ 500........
10740
W. Hoi man Cary. Boston__ ____ 101*02 I
5O0.................106*55
500.............. .105*70
Briggs,Smith & Co.. Cincinnati.. 103*03 F red. S c h u lte .......
Denison, Prior & Co.. Cleveland.102*711
500 ...............104*86
Rudolph Kloybolte & Co., Clncin.102’03 |
500................ 104*03Trowbrl ige. MacDonald &, Nlver
F . C. B u erstu tte, M a n ito w o c
102*25
CoMCincinnati ................. .......102*47 I ($500)..........

Bonds mature January 15, 1906.
Mansfield, Olilo .— B o n d O ffe r in g .—Proposals will be re­
ceived until September 12,1898, between the hours of 10 a . m .
and 2 p. m ,, for the following bonds:
*7,800 6$ L o x ln g to n A v e n u e im p ro v e m e n t bond s. S ecu rities w ill be in d e n o m lnation s o f fro m $1,000 to $200 e ach , principal t o b e p a ya b le in five a n ­
nual inst-ilm ents.
4,800 6$ East J o h n ’s Street Im provem en t bvnd s. Secu rities w ill b e in d e n o m i­
n a tio n s o f fro m f 1,000 to $200 e ach , principal t o b e p a ya b le in live an­
nual instalm ents.
750 6% M arion A.venue sew er b on d s. Secu rities t o b e in d e n o m in a tio n s o f
frm n $200 to $50. principal to b e payable iu t w o an n u al instalm ents.
250
W ise A v e n u e s ow er bond s. S ecu rities w ill be in den o m in a tio n s o f
fro m $100 t o $50 each, principal to b e payable In tw o annual in stalm en ts .

All of above bonds are to ba dated September 12, 1898, and
are issued by authority of sections 2703, 2704, 2705, 2706, 2707
and 2709 of the Revised Statutes of Ohio, and in pursuance of
the several ordinances to improve the streets above named.
Each bid must be accompanied by a certified check on either
of the local banks, payable to F. M. Renay, City Clerk, in the
sum of 10j( of the amount of bonds bid for. Bidders are re­
quired to use tbs form of bid furnished by the City Clerk.
Mason County, Ky.— B o n d E l e c t i o n .— An election will be
held to vote on the question of issuing bonds to pay for turn­
pikes.
Massachusetts.— B o n d S a le .— On August 22, 1893, the
$1,000,000 3* bonds were awarded to R. L. Day & Co. and
Blake Bros. & Co., B)3toa, bidding jointly at 101*3)9 and the
$3,990,000 'V /ph bonds to the same firms at 110*459. Bonds
mature as follows :
*1,000.000 3* bon d s due April 1,1928. |*1,500,000
b o n d s due M ay 1, lf-23,
300,0008 ) « bo n d s flue A pril 1,192-i. I 1.100,0003sa* ban ds d u e Ju ly 1 ,1 8 3 9 .

For farther description o f bonds see C hronicle last week,
p. 389.
Mayville, N. Y.— B o n d S a le . —The Farmers’ & Mechanics’
Savings Bank of Lockport has been awarded $1,200 4% water
bonds at par.
Meadvilie. Pa . — B o n d O ffe r in g ,— Proposals will be re­
ceived until 8 i*. m . Aug. 31, 1893, by the Sale *t and Common
Councils for the whole or any part oE the $L53,000 4;{ bonds is­
sued by the city for the purchase of the plant, works and
property of the Meadville Water Company. Securities will
be in denomination of $1,090, dated October 1, 1898. interest
will be payable April 1 and October 1 at the office of the City
Treasurer. Principal will mature October 1, 192 subject to
call after October 1, 19 )3. These b on is are duty authorized
by acts of Legislature of 1874, 1889 and 1891; also by city
ordinance No. 554; and are free from State tax. The city
has made provision for the payment of the principal and in­
terest of this issue by the passage of an ordinance providing
for an annual tax of five, mills, beginning on the first Monday
of April, 1899. E, W. McArthur is Mayor of the city.
Mercer County, Ohio.—Bond S a le ,— Spitzer & Co., Toledo,
have been awarded $14,501
roa l bonds at 110*151.
Mercer, Pa.—B o n d s V o i d . —At the election held August
23, 1898, the issuance of $3,000 sewer bonds was authorized
by a vote of 186 to 17.

A ugust 27, lea s.]

THE

C H R O N IC L E .

445

Missonri.— B on d s R e g is te r e d .—The State Auditor recently Clerk, for $40,000 i % i bridge bonds. Securities are in de­
nomination of$50 interest will be payable semi-annually at
registered the following bonds :
the office of tbe City Treasurer or at the Bank of New York,
$200 S3 b o n d * o f P u la s k i C o. S c h o o l D is tr ic t N o . 6 , 3 6 ,1 3 . d a t e d A u s . 1, l H9 a.
700 63 b o n d s o f J a s p e r C o. S c h o o l D is t r ic t N o. 3, 30, 32 a n d 33. d a t e d Ausr. 1,
N. B. A., New York City. Principal will mature 30 years
1*98.
from date of issue, subject to call after 20 years. Certified
4 ,000 63 b o n d s o f M m a t M aria.li S c h o o l D is t r ic t , H a r r is o n C o ., d a t e d A u g . 10,
cheek for $1,000. payable to the City Treasurer, must ac­
500 3 ? b o n d s o f H e n to n C o . S c h o o l D is tr ic t v o . 3, -10. 20 . d a t e d A u g . 15, 1*98.
300 6f- a n d 8.5 b o n d s o f B e n t o n C o . S c h o o l D is t r ic t N o . 2 ,1 1 , 20, d a t e d A u g . 9,
company proposals and must bs unconditional. A ll bids
must be made on blanks furnished by City Clerk.
3,250 63 b o n d s o f B a r r y C o . S c h o o l D is t r ic t N o . 2, 22. 28. d a t e d A u g . 1 .1 8 9 ? .
15 0 63 b o n d
A d a ir C o . S ch o o l D is t r ic t N o . 5. 63, 7, d a t e d S e i r. 1, 1898.
New Sharon, Iowa.— B o n d S a le . —An issue of water-works
700 63 b o n d * o f J a c k s o n C o . S e h >ol D is t r ic t N o . 3. 4 ", 3*2. d a t e d A n : . 20, 1898.
bonds recently voted, has been sold.
400
b o n d s ->f G 1 t r y C o . S c h o o l D is t r ic t N o. 1, 62, 31, d a e d S e p t 1, 1898.
500 K'i n o n is o f O r e g o n C o . > c h o <1 n i s t r i c t N o 3 , 2 3 . 8 . d a t e d A u g . 8 . l^OS.
Nobles County (M inn.) School D istrict No. 10.—B o n d
200 6)4% b o n d s o f A d a i r C o . S c h o o l D is t r ic t N o . 2, 6 3 .1 7 . d a t e d S e p t. 1 ,1 8 9 8 .
S a le . —Oa August 15, 1893, the following bids were received
M itchell County, Iowa .— B o n d S a le —On August 20, 189S, for $3,000 5% 15 year bonds of this d istrict:
U . M . S t o d d a r d , M in n e a p o lis , o a r , $50 p r e m iu m a n d b la n k b o n d s f r e e t o d i s ­
the Osage National Bank were awarded the §10,0i 0 4% fund.
iing bonds and $ 8.0i;0 4% refunding bonds at 100-813. Fol­ t rJi c. tC.
N o r t o n , St. P a u l, o a r a n d $37 5 0 p r e m iu m .
K a n e & C o ., M in n e a p o lis , p a r a n d $ 7 50 p r e m iu m .
lowing are the bids :
O s a g e " N a t io n a l B a n k f o r $28,000 43 o p t i o n a l b o n d s a t p a r a n d $216 p r e m iu m .
G e o . M . B e c h t e l f o r 1 28 ,00 o o p t i o n a l b o n d s a t p a r a n d $101 p r e m iu m .
M a s o n . L e w s & C o ., C h ic a g o , f o r $ - 8 , 0 i 0 6 H% o p t i o n a l b o n d s a t p a r, le s s $280
f o r b la n k b o n d s .
N. W . H a r r is & C o ., C h ic a g o , f o r $ 27,500 4% o p t i o n a l b o n d s a t p a r, le s s $22 f o r
b la n k b o n d s .
W . J . H a y e s k S o n s , C le v e la n d , f o r $28,000 4 ? o p t i o n a l b o n d s a t p a r, le s s (1 3 5
f o r b la n k b o n d s .
J . O. F a ir le le b f o r ( 2 8 000 o p t i o n a l I t b o n d s a t p a r.
S. A . K e a n . C h ic a e o f o r *2 8 ,non « o p t i o n a l b o n d s , p a r, le s s 2 * f o r b la n k s , e t c .
K a n e & C o .. M i n n e a p o lis , f o r $ 28,000
b o n d s , d u e in t e n y e a r s , o p t i o n a l
a f t e r fi v e y e a r ., a t p a r a n d p ’ e m t u m o f $280,
D e n is o n . P r i <r & C o , C le v e la n d , p a r f o r $;8,O0O I f b o n d s , t o r u n t e n y ea rs.
C h r is tia n \insert, a p r e m iu m f o r (t'.COO5 ? b o n d s , o p t i o n a l f r o m d a te .
J o h n S ’ ruber: . p a r f o r $ ,u l) i f b o n d s , o p t i o n a l f r o m d a t e .

T r o w b r id g e , M a c D o n a ld & N iv e r C o ., C h ic a g o , p a r , le s s $50.
S. A . K e a a . C h ic a g o , p a r f o r 6 s.
iV . J . H a y e 3 Sc S o n s. C le v e la n d , p a r, le s s $a2.
J . D. C l ig h o r n & C o ., M in n e a p o lis , p a r a n d b la n k s f o r o ^ s .

Norwalk, Conn.—Rond S a le .— On August 25,1898, $3C0,000
funding bonds were awarded to Farson, Leach & Co.,
New York, at 101 TO. Bonds are dated September 1, 1898,
and mature September 1, 1918.
Oakland, Cal.—B o n d E l e c t i o n .— A n election will be held
October 29. 1898, to vote on tbe question of issuing $320,000
i% 20 year park bonds.
Oakiuont (B orough), Pa.— B o n d s A u t h o r is e d . —At an
election held August 16, 1898, the Borough Council was au­
thorized to issue the following bonds : $41,000 sewer, $16,000
street improvement and $3,000 for redemption of present out­
standing bond*. Details of the issue have not yet been de­
cided upon. The assessed valuation of the borough is $1,842,000.
Ocala, Fla.—B o n d I s s u e . —The Council has directed the
Trustees to issue $1,500 bonds to improve the electric-light
plant.
Oil City (Pa.), School District.— B o n d O ffe rin g . —Pro­
posals will be received until 6 p. m. September 16, 1898, for
$45,000 4% coupon bonds of this district.
Osceola (Wds.) School D istrict No. 2 .— B o n d S a le . —W eare
advised that the State School Trust Fund will take the $4,000
loan recently authorized, to bear 4% interest.
Otoe County, Neb.—B o n d S a le . —Mr. H, R. Christy, Coun­
ty Clerk, writes us that the county had arranged with N. W .
Harris & Co., Chicago, for the sale of $100,000 4% 20 year re­
funding bonds and $55,000 4% % 15 20-year (optional) bonds,
but that the State Board of Lducatioual Lands and Funds,
which held the original issues, refused to accept the money
for them, but took the new bonds at the same figures offered
by the Chicago firm, which they had a right to do under the
law.
Owosso, M ich.—Bond S a le . —It has been reported that the
city has resold the $35,000 paving. $15,000 bridge and $1,000
sewer bonds which were awarded on June 30 to Mason, Lewis
& Co., Chicago, but the sale was afterwards declared off. In
reply to our inquiries, Mr. John L. Ash, City Clerk, informs
us iliat tbe Ways and Means Committee think they have
made a sale of the bonds, but the matter is not yet settled.
Paterson, N. ,1. — B o n d S a le . —It is reported that the city
has sold to the Provident Institution for Savings, Jersey City,
$15,000 4 t 20 year school bonds at 107T7.
Perhum, Minn.— B o n d s V o te d . —By a vote of 131 to 19, the
village electorn recently authorized the issuance of bonds for
water works and electric lights.
Pomeroy, Ohio.— B o n d S a le . —On August 18, 1899, the
$7,000 refunding bonds were awarded to Briggs, Smith &
Co., Cincinnati, at 105'704 for 4
bonds, Following are the
bids:

For description of bonds see C h r o n i c l e July 23,1898. p. 191.
Montgomery Co. ( P. 0. R ockville), Md.—F u t u r e B o n d I s
s u e . —By an A ct of the last Legislature the County Commis­
sioners were empowered and directed to construct a turnpike
from Washington, D. C., to Rockville over the bed o f the
old Georgetown turnpike. The Commissioners were em­
powered to bond the county for not more than $25,000. The
lowest bid that the Commissioners have received for the
work was $37,770 from a firm in Washington. The Commis­
sioners were assured by competent counsel that the direc­
tions of the Legislature were obligatory, that it was their
duty to build the road, and that their best plan was to raise
the additional $12,770 by levying a tax upon the county. We
are advised by the County Clerk, W. W. Welsh, that the
$25,000 of bonds will probably be issued in the future, but
that no details have been determined at the present time.
Mount Healthy (V illage), Ohio.— B o n d O ffe rin g . —Propo­
sals will be received until 12 m. September 12, 1898, by W. B.
Jones, Village Clerk, for $1,500 6£ (village's proportion) and
$1,043 10 (property owners’ proportion) street improvement
bonds. Securities will be in denominations of $150 and $104 31
respectively. Interest will be payable semi aur ually at the
Fourth National Bank, Cincinnati. The $1,500 bonds bear
date September 1, 1898, and the $1 043 10 August 17, 1898.
Principal of each issue matures one bond yearly. Securities
are issued pursuant with sections 2,334a, 2,334b and 2,334c,
Revised Statutes of Ohio, and were authorized by ordinances
Newark, N. I . — T e m p o r a r y L oa n —Press reports state that
the city has negotiated a $009,000 loan. The city is a con­
tinual borrower of short time loans, in anticipation of taxes
and of payment of paving and eewer assessments, and the
transactions are usually private.
New Orleans, La.— P r o p o sa ls f u r L iq u id a tio n o f C la im s .—
In tbe C hronic'j e August 13, lMH, we stated that proposals
were invited until August 9. 1893, by the Board of Liquida­
tion o f the City Debt for the sale of claims evidenced by
financial ordinances and judgments against the city for debts
incurred between 1879 and 1895. inclusive. W e are advised
by Mr. R L. Tallis. Secretary to the Mayor, that all proposals
were rejected by the Board of Liquidation, and that there
will be a new advertisement for other proposals, which will
be acted upon by the Board on October 11, 1898. It is the in
P r e m iu m . ,
P r e m iu m .
b o n r ls ).$ i0 3 50 N e w F ir s t N a t . B k . ( 5% b o n d s ) . .$515 75
tention of the Board not to exchange the bonds for these B rlg g a , S m ith & C o.
K le v b o lt e & C o . (5 *
I N e w F ir s t N a t . Bk. (*16% b o n d s ) 75 50
claims, but to sell the bonds and apply the proceeds to the R ub do onlpd hs ...............................
............. 710 59 F a r s o n . L e a c h & C o . (5% b o n d s ) . 357 0 0
payment of the claims. The Constitutional provision limits Sea-G M tfood A M a y e r ('<% b o n d s ) « 6 S 0 0 W . J . H a y e s & S o n s (416 b o n d s ) . 29J 00
b d s .) 387 25 1
the issue of binds to $259,000, while the outstanding claims S e a s o n g o o d & M a y e r
Principal,will mature September 1, 1918. For description
amount to more than $300,000. We append herewith a copy
o f the article of the new Constitution providing for the issu­ of bonds see C h r o n i c l e July 30, 1898, p. 242.
Pomona. Cal.—No B o n d Iss u e a t P r e s e n t. —The City Clerk,
ance of these bonds:
Clarence H, Lee, writes us that it has not yet been decided
A r t i c l e 313. A ll su r p lu s r e v e n u e s o f t h e c i t y o f N e w O r le a n s fr o m t h e y ea r
1879 t o t h e y e a r 1895. b o t h in c lu s iv e , e x c e p t t h e s u r p lu s r e v e n u e d e d ic a t e d t o
to submit the question of issuing sewer bonds to a vote of the
p e r m a n e n t p u b lic i m p r o v e m e n t a n d t o s c h o o ls , b y A c t N o. 110 o f 1890, d e r iv e d
people.
fr o m t h e 1 p e r c e n t t a x le v i e d u n d e r s a id A c t . s h a ll b e t u r n e d o v e r b y t h e c it y
t o t h e B o a rd o f L iq u id a t io n o f t h e C it y D e b t . S a id B o a r d sh a ll r e d e e m all
Pomona Township (111.) School D istrict No. 1.— B o n d
c la im s e v id e n c e d by fin a n c ia l o r d in a n c e o r J u d g m e n t a g a in s t t h e c i t y o f N ew
O rle a n s , f o r d e b t s a r is in g a n d in c u r r e d b e t w e e n t h e y e a r s 1*7“ t o 1895, b o t h i n ­ S a le .— This district has sold the issue of school bonds which
c lu s iv e , p a y m e n '- o f w h ic h lia s n o t h e r e f o l o r e b e e n p r o v id e d l o r o u t o f t h e
was
recently authorized.
r e s e r v e a n d p erm a n en t, p u b l ic I m p r o v e m e n t f u n d s o f t h e c i t y fo r t h e y e a r s
Prescott, Ariz.—B o n d A g r e e m e n t. —An agreement has been
1893 t o 1898, b o t h I n c lu s iv e , e x c e p t i n g t h e r e f r o m t h e c la im s f o r s c h o o l te a c h e r s
f o r t h e y e a r s 1880 t o 1881, p a y m e n t o f w h ic h h a s b e e n a u t h o r iz e d b y Act, N o . 110
entered into between the city of Prescott and Hoadley, Turno f 1890, a n d is n o w b e in g p r o v id e d f o r b y t h e c it y , s a id c la im s o r J u d g m en ts t o
bull & Co., brokers for the sale of th e$150,000 0$ 50-year gold
he p u r c h a s e d o n t h e m o s t r e a s o n a b le te r m s o ffe r e d b y c r e d i t o r s w ith in th e
p e r io d o f e ig h t e e n m o n t h s s u c c e e d in g t h e d a l e o f t h e a d o p t io n o f th is C o n ­
water and sewer bonds which were offered for sale on June
s t it u t io n . thH s d d B o a r d t o in v i t e p r o p o s a ls b y p u b lic a d v e r t i s e m e n t , t o b e
20, 1898, but for which no bids were received. Under the
m a d e b i-m o n t h l y ; p r o v id e d , a n y a n d all b id s m a y b e r e je c t e d . F o r t h e p u rp o s e
o f s u c h r e d e m p t i o n t h e c l t y o f < e w O rle a n s , t h r o u g h t h e B o a rd o f L iq u id a tio n ,
contract tbe above firm is given 60 days in which to sell the
Is h e r e b y a u t h o r iz e d t o is s u e b o n d s t o t h e e x t e n t o f t w o h u n d re d a n d fift y
bonds at par, for which they are to receive a commission of
t h o u s a n d d o lla r s , b e a r in g f o u r p e r c e n t p e r a n n u m in te r e s t , p a y a b le sem i
a n n u a lly in s u c h d e n o m in a t io n s ns m a y b e b y s a id B o a rd d e t e r m in e d u p o n ,
5'L they to pay all expanses relative to the issuance of the
m a tu r in g In fift y y e a r s f r o m t h e d a t e o f is su e , b u t s u b je c t t o r e d e m p t io n b y sa id
bonds.
B o a r d in t h e r e v e r s e o r d e r o f t h e ir is s u e a t a n y t im e a ft e r s i x t y d a y s 1 n> t ic e .
S a id B o a r d Is h e r e b y a u t h o r iz e d in Its d is c r e t io n t o e x c h a n g e sa id b o n d s f o r
Ramsey County, Minn.— B o n d S a le . —Forty-two bids were
s a id cla im s a g a in s t t h e c i t y , e v id e n c e d b y fin a n cia l o r a in a n t e s o r ju d g m e n t s , o r
received on August 20, 1898, for the $50,000
bonds. The
t o s e l l sa id p o n d s a n d w it h t h e p r o c e e d s t h e r e o f p u r c h a s e ►aid c l a i m s ; p r o ­
v id e d t h a t n o s a le o f sa id b o n d s sh a ll b e m a d e f o r less t h a n par.
State Savings Bank was awarded $14,100 r e m a i n i n g after
Said B o a rd o f L iq u id a t io n sh a ll, a t a n v t im e it m a y b e jn e o e s a a r y , s e ll a s u ffic­
the allotment of $35,900 to individuals, all at par. Bonds
ie n t n u m b e r o f t h e C o n s t it u t io n * ! B o n d s o f t h e c i t y o f N ew O rle a n s , n o w tin
s o ld , o f t h e is s u e p r v ld e d f o r b y A ct N o . 110 o f t h e G e n e r a l A s s e m b ly f o r t h e
mature September 2, 1908. For further description of bonds
y e a r 1890. a n d b y t h e a m e n d m e n t t o t h e C o n s t it u t io n o f t h e S t a te s u b m it t e d t o
t h e p e o p le b y sa id A c t a n d a d o p t e d a t t h e g e n e r a l e le c t io n in 1892, t o p r o v id e
see C h r o n i c l e August 13, 1898, p. 337:
f o r t h e p a y m e n t o f l n t e re s t o r p r in c ip a l o f t h e b o n d s h e r e b y a u t h o r iz e d t o be
Rankin (B orough), Pa.— B o n d s D e fe a te d . —On August 23,
is s u e d . W h e n e v e r t h e sa id B o a rd o f L iq u id a ilo r i sh a ll h a v e r e c e iv e d fr o m t h e
s u r p lu s r e v e n u e s o f t h e c i t y o f N ew O rle a n s , a s p r o v id e d h e r e in , s u ffic ie n t
1898, the borough voted against the issuance of $2o,000 sewer
fu n d s t o m e e t t h e Issu e o f b o n d s h e r e b y a u t h o r iz e d in p r in c ip a l a n d in te r e s t ,
bonds. The vote was 63 for to 77 against the issue.
t h e r e m a in d e r o f t h e s u r p lu s r e v e n u e s s o t u r n e d o v e r t o t h e s a id B o a r d sh a ll
r e v e r t t o t h e c it y .
Ross County (P . O. Chillicothe), Ohio. — B o n d s R e ­
Newport News. Va. — B o n d O fferin g .—Proposals will be re­ a w a r d e d .— T h e $28,000 6# bridge bonds which were awarded
ceived until 12 M. September 6, 1898, by J. A, Massie, City to the New First National Bank of Columbus on July 18,

4-16

THE

C H R O N IC L E .

1*93, were refused by them on certain technical grounds
The bonds have since been awarded to the Central Bank of
Cbillicothe at 107 007. The County Treasurer. Harry S.
Adams, writes ns that the Court decisions on record are all
opposed to the positiou taken by the Columbus bunk. Securi­
ties mature $\000 each sis months from January 15, 1901, to
January 15, 19 *3, and $3,000 Jnlv 15, 1903. For description
of bonds see CHRONICLE July 9, 1893, p. 89.
Saddle River Township School
(P . 0. Rochelle
P ark), X. J .— B o n d S a le.-— On August SO. 1898, the $8,500 5£
school bonds were awarded to D.m'l A. Moran & Co., New
York, at l'l'O.i
Bonds mature $500 yearly on September 1
from 1908 to 1909. inclusive. For further description of bonds
see C hronicle , August 20,1898. p. 390.
Sandusky, Ohio.— B o r.d O ffe r in g , —Proposals will be re­
ceived until September 10, 1898, for $17,000 A.%'1 refunding
sewer and paving bonds.
Interest will be payable at the
office of the City Treasurer. Principal will mature 89,000 in
1905 and $8,000 in 1912. A. W . Miller is the City Clerk.
Shamokin, Pa.— B o n d s \~oted.—At the spscial election
held Angast 23, 1898, the issuance of $65,000 street-paving
bonds was authorized by a majority of 1,783.
Sharon (Town), Mass.—B o n d s A u t h o r iz e d .— This town re­
cently authorized a loan of $3,000, which is to he called the
Sharon Road and School Loan ; 85,000 for road and $3,000 for
school purposes. Interest at the rate o f 4% will be payable
March 1 and September 1 at a Boston bank. Principal will
mature $1.(100 yearly on September 1 from 1899 to 190), in­
clusive. Date of sale has not yet heen decided upon.
Slieradeu, Pn. —B o n d s V o l e t —The borough recently, bv a
vote of 157 to 61, authorized the issuance of $30,000 improve­
ment bonds, according to local papers.
South Omalm. Neh.— B o n d s P r o p o s e d . —An ordinance is
being considered providing for the issuance o f $930 bonds to
pay for the grading of H Street.
Sparta (St. Louis County), Minn.— B o n d O ffe r in g .— P ro­
posals will be received until 2 p. m., September 9, 1898, by
Clyde Bender, Village Recorder, for $1,75) 0;? gold water­
works bonds. Securities are in denomination of $250, dated
August 12, P-98. Interest will be payable semi-annually at
the First National Bank, Duluth, and the principal will ma­
ture August 12, 1908.

District

Sea*onsoo<l & Mayor* Olne'.n f :<,:*\ •:*n I Now First. N'nt. Ilk., C olum bu*$27t757 50
W . J. H utch A S m s . c l o v e .. . fl*,*-*r> <»0 i R u d dph K la y b o »to & C o .,C io . 27.750 00
.......... 28,198 do | Briggs, S m ith & C>..OinPin -. 27,750 00
S p ltior & Co., T o le d o
Beu isou. Prior Sc C o.. CU?v.»
2S,«»55 75 I Citucona' Snv. Bk.. M um tleld. 27 .'0 2 50
M an sfieldS a v. B k ..M *n stL Id 2s.0)J O-h Lnmpreaht lim * . c*<t, C love . 27.500 50
Chos. salts. Tiffin ..................27,0 *3 0 1 1 A tla s Nat. Bank, C in o ln o a tl. 27.500 00
Tiffin Savings B a n k .T iffin — 2*.b93 00 i Carson, L o a ch jc C o .,C h ic a g o 27,207 00
C om m erc u\ Bank. T iffin
. 27,K00 00 I

Principal will mature September 1, 1908, For description
of bonds see C h r o n i c l e August <i, 1898, p. 23*.
Tivo Harbors, Lake County, Minn. —B o n d O ffe rin g . -P ro­
posals will be received until 3 p. m. September 12. 1898, by
W. A. Djerr, Village Recorder, for $8,000 Or electric light
bonds. Securities are in denomination of $1,000 and mature
$3,0' 0 yearly from 1900 to 1903, inclusive. Interest, will be
payable semi-annually.
Vfttlsbnrgli, N. J.—Bond S a le . —On August 21, 1893, the
$40,000 -ri Ji water plant bonds were awarded to R B. Smith
ft Co., New York, at 106'87. Following are tli - bids :
R . n . S m ith & C o .. N . V .............. 1 on-87

Bonds mature $20,000 in 15 years and $20,000 in 30 years.
For further description of bonds see C h r o n i c l e August 20,
1S9S, p. 390.
Visalia, Cal.— B o n d s P r o p o s e d . —The issuance of bonds to
lui.ld water works is under consideration. The matter, how­
ever, has not yet assumed any tangible shape
>Vadley (Tow n). Ga .— B o n d E l e c t i o n .— An election will be
held August 29, 189-*, to submit to the people the question of
issuing $7,000 school bonds. These bonds, if authorized, will
be coupon in denomination of $510: interest at the rate of Gjf
will be payable annually at the office of the Town Treasurer.
Principal will mature $500 10 years from date of issue and
$509 yearly thereafter. George Gf. Johnson is the Town Clerk.
W alker (V illage), Minn.—Bonn! O ffe rin g .— Proposals w ill
he received until September 4, 1898, at the offics of the V il-

§ 7 5 0 ,0 0 0

N O T IC E OF RED EM PTIO N .

M o b i l e , A la ., A u g. 5th, 1898.
Sealed proposals f o r th e p u rch ase O f $?6t).f000
W a t e r W ork s anil Sew erage B o n d s o f th e c ity o f
M obile, o r a n y portion o f sa id issue, w ill be re ce iv e d
b y th e undersigned until t w e lv e o ’clock , n o o n , oil
S eptem ber l f t b , 1808, at w hi h tim e th e y w ill b e
p u b licly op en ed and read.
T h e se c o u p o n b on d s w ill b * in th e sura o f on e
th ou sa n d dolla rs each, t o th e am ou n t o f 8700.000.
and o n e h u n dred dolla rs each t o t h e am ou n t o f
$50,000, and w ill be dated N ovem ber 1st. 18- 8, pay­
a b le N ov em b er 1st. 1938. w ith in terest a t fo u r and
o n e -h a lf per cen t, paya ble sem i ann ually on th e first
days o f M a y an d N ov em b er in each year. P rin cip al
and Interest w ill b e paid in la w fu l cu rre n cy o f th e
U nited States o f A m e r ic a at th e Chase N ational
B ank, in N ew Y o rk City, and a t th e F irst N ational
Bank o f M obile, A labam a.
T h e issu ance o f these bon d s Is au th orized by S e c ­
tio n 21 o f t h e Charter o f th e C ity o f M obile (A c t s o f
A laba m a , 1896-7, pages 511-80) by a v o t e o f th e p eo­
ple o f M o b ile at a special electio n held on A u g u st 2d.
1807, and b y resolu tion o f the G eneral C ouncil o f the
City o f M obile, a p p roved M ay 17th, 1898.
A il bids m u st bo a ccom p an ied b y certified checks
f o r 2 per ce n t o f the am ounts bid fo r.
T h e rig h t is reserved to r e je c t an y and all bids.
JO H N C R A F T,
A . S. LY O N S,
F in a n ce C om m ittee o f th e G eneral C ou ncil o f the
C ity o f M obile. A labam a.

X 2 , 0 0 0 t o 5$ X 5 , 0 0 0
■17 S T R E E T I M P R O V E M E N T B O N D S ,
B O R O U G H O P H A H U R O U C K H E IG H T S ,
S E A L E D P R O P O S A L S will be re ce iv e d at th e o f fi<:<‘ o f the B O R O U G H C L E R K u n til T U E S D A Y ,
S E P T E M B E R 0, 1608. fo r th e purchase o f §12,000 to
$15,000 4 p e r c e n t 18 to 3i) y ea r bonds, den om in ation
f 1,000. B o n d s w ill bear date S eptem ber 1, 185)8; In­
terest payable sem i-ann ually.
Eucb bid rou st b e a ccom p an ied b y a certified ch eck
f o r $300, t o b e draw n t o th e o r d e r o f th e M a jo r and
C ou n cil, B orou g h o f Iln sb rou ck H e ig h t". D ep osits
will be returned t o u n su ccessfu l bidders.
A D bids m u s t b e sealed an d m arked "B o n d B id .”
e n clos ed in a secon d en v e lo p e , add ressed to the
Clerk.
Bonds aw arded m os t b e taken im m ediately a fte r
n o tice th at th ey are re a d y f o r d eliv ery.
Circular con tain in g fu ll in form a tio n u p on a p p li­
ca tion .
T h e rig h t is reserved to r e je c t any aud all bids.
G . H . K A IU S D E N ,
B orou g h C ork.

LAKE CITY.

T h e City T rea su rer w ill pay at his office, S eptem ber
first, 1S98, th e en tire issue o f $500,000 Salt L a k e City
b o n d s o f 1888. Interest ceases Setem her 1.
Ordered by th e C ou n cil, A u g. 16, 1808.
L e g a l n o tice in Salt L a k e Papers.
G. H . B A C K M A N ,
City R ecord er.

§ 3 5 ,0 0 0

INVESTMENTS.
UN ITED STATES
3^o Bonds
B O U G H T AN D SO LD.
R. L. D A Y & CO .,
40

4a$

L o r a in C o u n t y , O ..

(E lyria C ounty Seat)
C H IL D R E N S ’ H O M E BO N D S.
A sse sse d v a lu a t io n ........................... .............$18,900,000
T o ta l d e b t (th is issue o n ly )....... . ............
35,000
P op u la tion , 00,000.
P rice aud p articu lars upon application.

BRIGGS. SM ITH & CO .,

3 5 E a s t T h ir d S t r e e t ,

! W tia n ti & ScliIeslU R U r. X . V ......... 101-07

Farson. Loach & Co.. N. Y ........ 105*518 ! I. W . Sherrill. Pmnrtilv.ee p ile ___ 108*977
Benwell A Everitt, New Y o r k ..105*13
NT. W . H arris .V Co., N ew Y o r k ..108*82
E dw . C. .Jones Co.. N ew Y o r k ..104*215
D. A. M oran .t Co., New Y o r k .. 103*00
L . W. M orrison, N ew Y o r k ....... 104*1141 |S e y m o u r B ros v Co . N. Y . . . . 102 114

NEW LOANS.

Water*Works and Sewerage Bonds.

L X VII.

Tarentum, Pa .— B o n d O ffe r in g .— The city will sell on
August 31, 1893, at 6 p. si,, $15,1)1)0 5-f sewer binds an 1 $9,009,
5< paving bonds. In-erest will be payable at the National
Bank of Tarentum. Principal will mature Saptembar 1, 1928,
subjpet to call after September t, 1903.
Tiffin, Ohio . — B o n d S id e .—On August 20, 1398, tha $15,000
Or refunding bonds were awarded to Seasongoid & Mayer,
Cincinnati, at 113 05 Following are the bids:

N E W LO A N S.

MOBILE, ALABAMA, SALT

[Yji .

-

C in c in n a t i, O h io .

$175,000

Los Angeles Ti action Go,
1 s t M o r t g a g e 6 £ 2 0 - y e a r G o ld B o n d * .
T otal issu e $250,000.
F irst M ortg age a t $14,000 per m ile.
Not earnings f o r 28 m o n th s o f operation , $09,986 09
equ ivalen t to 12# on th e total isbuc o f bond s.
P o p u la tio n o f L o s A n geles 103,070.
Send f o r fu ll descrip tion o f property.

E. H. RO LLIN S & SONS,
1 9 M il k S t r e e t , B o s to n , M ow *.

M A S O N , LEWIS <& C O ,,

W a te r S tre e t, B oston .

1 B roa d S tr e e t, N ew Y o r k .

ADAMS & COMPANY,
BANKERS

D E A L E R S IN

INVESTMENT BONDS,
M em bers o f B o sto n S to ck E x ch a n g e .

No. 7 Congress aud 31 State Streets,
BOSTON

Government and
Municipal Bonds
BO U G H T

AN D SOLD.

\ P l1R A IS K M E N T S M A D It O R Q U O T A T IO N S
IU R N 1S 1IE D F O R T U B P U R C H A S E , 8 A L B , O R
S X C H A N G B OB’ A B O V E S E C U R IT IE S .

BAN KERS,

6 7 M ilk Street, Boston,
171 La Salle Street, Chicago,

L IS T S ON A P P L IC A T IO N .

N. W. HARRIS & CO..
H A N K E R S ,

OFFER FOR S A L E :
S t a t e o f M u M H n c liu s e t t * ....................................
E m it eh e n t e r , N , V ................ ................................. .4 m
i •I ststou h ri r y , (J o ilt l....... ...................................... .4 8
S t o w e . V t .......................................................................4 n
R e n o C o u n t y , K a n s a s ....... ................................4 K i
L a k e C o u n t y , I n d ...................................................5 »
M o r a e u c e , 111................................... ........................ 5 m
A n d O th er D esirable Securities.

31 N A S S A U 8 T , (B a n k o f C o m m e r c e R ld g .)

Blodget, Merritt 8c. Co.*
BANKERS,

16 C o n gre ss Street, Boston.
C H R O N IC L E V O L U M E S F O R S A L E .
W I L L I A M B. D A N A C O M P A N Y , 76

P in e S A .N .Y

' STATE, CITY & RAILROAD BONDS

THE

27

aug u st

C H E0N 1C LE.

lage Recorder, M J. Qnam, for $6,COO water-works bonds.
Interest will be payable semi annually. Bonds will be issued
in denominations to suit purchasers, and principal will mature
in 1908.
Warren Township (P . 0. B arnesrille), Ohio.— B o n d Sale.
—On August 23, 1898, $5,000
road improvement bonds
were awarded to Henry E. Alexander, at 102'52. Following
are the bids:

Youngstown, Ohio.— B o n d O J e r i n g .— Proposals will he
received until 2 p. M., September 5, 1898, at the office of the
City Clerk, F. C. Brown, for $950 5% Park Place sewer bonds
Interest will be payable semi annually at the office of the
City Treasurer, aud the principal will mature $200 October 1
1901, and $350 yearly on October 1, from 1901 to 1903, inclue
sive. Purchasers must be prepared to take the bonds noe
later than September 10. 1898. The bids must be for each
block of bonds separately. Bonds are advertised in accord­
ance with the ordinances passed in Council authorizing the
sale and issue of s lid bonds.
Proposals will also be received until 2 p. m., September 19
1893, By F. C. Brown. City Clerk, for the following 5% bonds:

H e n r y E. A lexan der,S t.C lairsi S e a so n g o o d A M aver, C in cin .. $5,07(5 25
v ille ............................... ............. $5,126 00 ! L a m p re ch t B ros. Co.. C le v e .. 5,002 50
F irst N ai. Bank, B a rn e s v ille .. 5,LCP on |W . .J. H ayes & Sons. Cleveland 5,05*4 00
S. K uhn & Sons, C in cin n ati___ 5,083 75 |Briggs, Sm ith & Co., C in cin — 5,O il 50

Securities will be in denomination of $500 ; interest will be
payable March 1 and September 1. Principal will mature
$500 yearly on September 1, from 1899 to 1918, inclusive.
Wellston, Ohio.—B o n d s to B e I s s u e d .— The city will issue
about $8,000 street-improvement bonds in October.
W inona (M inn.) School District,—Road O ffe rin g .— Pro­
posals will be received until 7:30 p . m. September 2, 1898 by
the Board of Education, for $15,000 44 city school bonds. Se­
curities will be in denomination of $1,0 0, dated September
15, 1898; interest will be payable March 15 and September 15
at the office of the City Treasurer. Principal will mature
$5,000 yearly on September 15 from 1915 to 1917, inclusive.
Each bid must be accompanied by a certified check or its
equivalent in the sum of $500. The bids are to be opened at
the regular meeting of the Board of Education in the High
School Building at the above hour and date. James M. Cole
is Clerk of the Board.
Woodson County, Kan.— B o n d s D e fe a te d . —At an election
held August 16, 1898, the proposition to issue $10,000 court­
house bonds was defeated. It is stated that petitions are
being circulated calliug for another election.
Worcester, Mass.— L o a n N e g o tia te x l —This city recently
negotiated a $200,000 4% street au l bridge loan with W indow
& Allen, of Worcester, at 106'25 and accrued interest. Prin­
cipal will mature April 1, 1907. No circulars were issued
calling for proposals for this loan. It has been reported
that the city had also sold an issue of $150,000 water bon is to
the same firm. The City Treasurer, Win. S. Barton, writes
us in reply to our inquiries, that he has received no instruc­
tions regarding tmir negotiation.

IN V E S T M E N T S .
#

C it y

5

0

of

l M

i 0

0

C in c in n a t i

3 y2%20-40 Year

Water-Works Bonds

4 47

$20,000 f o r p avinv o f S co tt S treet. P rin cip al w ill m ature $3,000 vearlv on
O ctober 1. from 1900 to 1909, in clu siv e .
’
yeany on
1,500 fo r grading and im p ro v in g S eneca Street. Principal will m ature *300
yearly on O cto b e r 1, fro m 1900 to lu o i. in clu sive.
*
400 f o r con stru ction o f a sew er o n EEosrue Street. Principal w ill m a t u r e
$100 yearly o n O cto b e r 1, fro m 1901 t o 1903, inclusive

Interest on all of the above bonds will be payable semi­
annually at the office of the City Treasurer. Securities will
be dated September 24, 1898. The bids must be for each
block of bonds separately. The city reserves the right to
issue a less amount of bonds if the above amounts be not
needed. Bonds are advertised in accordance with the ordi­
nance passed in Council authorizing the sale and issue of said
bonds.

Bond C alls and Redemptions.

Clackamas Conuty (P . O. Oregon City), Ore.— W a r r a n t
C a l '.-J a m b Shade, County Treasurer, has called for pay­
ment all warrants endorsed prior to August 10, 1895.
Fort Morgan, Col.— B o n d s R e d e e m e d .— O n August 18,
1898, the Board of Trustees redeemed §8,000 bends issued bv
this town in 1889.
White County, 111— Rond C a l l .—The County Clerk has
given notice that the following bonds are called for payment
Ootober 1, 1898, at the American Exchange National Bank,
New York City.
* 50,000 r e f u n d i n g b o n d * d a t e d J u ly 1. 1885, is s u e d o r ig in a lly iu a id o ' t h e
S p r in g fie ld & I ll in o i s S o u t n e i s t e r n R a il r o a d .
10 \0 0 9 r e r u n n in g b o n d s p a t e d J u ly 1 ,1 8 8 5 , is s u e d o r ig in a lly in a id o f t h e E v itn s to n & s o u t h e a s t e r n R a ilr o a d .
8
—
82,000 b o n d s is s u e d in a id o f t h e C a ir o & V i n c e n n e s R ailroad, d a t e d S e p t . 10 ,
1872, a n d D e c . 2, 187.2.

IN V E S T M E N T S .

IN V E S T M E N T S .

W. Hampton Wade,

Whann & Schlesinger,

A T T O R N E Y -A T -L A W ,

M UNICIPAL BON DSr

S1VANXAH,

G E O R G IA .

P r ic e a n d f u l l p a r t i c u la r s o n a p p lic a tio n .

—

N ine years practice in Alabam a.

FOR SALE BY

Kudolph Kleybolte & Co.,

71 BROADWAY, NEW YORK.

S ix y ea rs in G eorgia.

Corporation L a w a Specialty.

BAN KERS.
3 5 N as sa u Stree t, N e w Y o r k .

PUBLIC SECURITIES
S U IT A B L E

FO R

SAVINGS BAN K AND T R U S T
FUNDS.
LISTS MAILED ON APPLICATION

Farson, Leach & Co.
CH ICAGO.
1 0 0 Dearborn S t .

NKW Y O R K
.35 Nassau St.

E D W A R D C. J O N E S C O .
DEALERS IS

M unicipal, Railroad,
Street Railway and Gas
BO NDS.
S y r a c u s e . N. Y „ R a p id T r a n s it R » w o y 3 s .
NEW YORK.
1 N ASSAU STREET.
P H I L A D E L P H I A - 121 C H E S T N U T ST.

M U N IC IP A L BONDS.

£. O. STANWOOD & CO.
n tilK E R S ,

121 Devonshire Street.
BO STO N.

Francis Ralston Welsh
INVESTM ENTS.
Municipal, Railroad and othe>

BO N D S.
828 C H E S T N U T S T R E E T

P H IL A D E L P H IA .

F. R. F U L T O N & CO.,

TR O W B R ID G E ,
Ma c D o n a l d
& N iv e r C o .
M U N IC IP A L

BONDS,

1st Nat. Bank Bldg.

M. A.

- - CHICAGO

Devitt & Co.,

M U N IC IP A L B O N D S,
F ir s t N a tio n a l B a n k B n tid in g ,

M u n ic ip a l

B onds,

171 LA S A L L E S T R E E T

CHICAGO. ___

W . J. Hayes & Sons,
B A N K E R S,

D EALERS IN MUNICIPAL BONDS
Street Railw ay Bonds, and o th e r h igh -grad e In­
vestm ents.
BOSTON, M ASS.,
C le v e la n d , O h io ,
r .Y c h A n g e Piece.
3 1 1 -3 1 3 S u p e r io r
rtdi/r A M r m . " K l i X X B T II."

VIUNICIPAL BONDS.
Securities Netting from

to 6#

A L W A Y S ON H A N D .
Send f o r ou r In ve stm e n t Circular.

DUKE M. FARSON, Banker,

Municipal B onds.

1.S 2 D e a r b o r n S t r e e t
C H IC A G O .

_________ C H I C A G O ._________
GOOD

INVESTMENTS

N E T T IN G 5 TO S P E R C E N T.
W a s h in g to n W a r r a n t s , B o n d s a n d S e c u i i
t i e s o f a i l k i n d s B o u g h t a n d '8 o ld .

C A L V IN PHILIPS,
307-8-9 C A L IF O R N IA B U IL D IN G ,
TACO M A,
W A S H IN G T O N .

CHOICE MUNICIPAL BONDS
from SOUTHERN & WESTERN States,
yielding 4 to
ROSEN BERGER & LIVERMORE,
F o r t y W a l l S t r e e t , N e w Y o r k . ________

William E. Nichols,
13 W A L L STR E E T,

-

NEW

FORK

MUNI CIPA L W A R R £ WT S .
SEND

FOR

L IS T S !

44b

THE

C H R O N IC L E

^iixaacial.

I n s u r a n c e .

Financial.

1850.
O F F IC E O F T H E

A T LA N T IC M U TU AL
INSURANCE CO.
NEW Y

o rk

, J a n u a ry 2 1 ,1 8 9 8 .

T h e T r u s t e e s , i n c o n f o r m i t y w it h t h e C h a r te r
o f t h e C o m p a n y , s u b m i t t h e f o l l o w i n g s ta te r n o n t o f i t s a f fa ir s o n t h e 3 1 s t o f D e c e m b e r .
1897:
P r e m i u m s o n M a r in o R i s k s f r o m
le t Jan u ary, 1897, to 31et D e­
c e m b e r , 1 8 9 7 . . . . . . . . ...............
$ 2 ,8 4 4 ,0 3 8 6 1
P r e m iu m s
on
P o licie s n o t
m a r k e d o ff 1st J a n u a r y , 1 89 7.

1 ,0 4 7 ,9 5 5 3 1

T o t a l M a r in o P r e m i u m s ............... $ 3 ,8 9 1 , 9 9 3 9 2
P r e m iu m s m a r k e d o ff fr o m 1 s t
J a n u a r y , 1 8 9 7 , to 3 1 s t D ecern h e r , 1 8 9 7 ............................................. $ 2 , 6 5 3 , 6 5 3 0 9

1S98.

The United States Life
Insurance Co.
IN T H E C I T Y O F N E W Y O R K .

A c t iv e a n d S u c c e s s fu l A g e n ts , w is h i n g to r e p r e ­
s e n t th is C o m p a n y , m a y c o m m u n ic a t e w ith
R I O FIA R D E . 0 0 0 H R A . y ts il V ic e -P r e s id e n t ,
a t th e R o m e O ffic e , 20 / B r o a d w a y , R e w Y o r k .
o f f ic e r s :

GEOIIDE H. B U ItF O R D ............... President

GKO. G. W I L L I A M S ............ .................. V ice-P resid en t
C. P. F R A L E I G H ...... . .......................2d V ice-P resid en t
R IC H A R D E. C O C H R A N ............... 3d V ice-P residen t
A. W H K E L W R I G H 1 \ ...........................
Secretary
J L. K K N W A Y .................. ............ Assistant Secretary
W I L L I A M T. S T A N D E N ................................... A ctu a ry
A R T H U R C. P E R R Y . . . . . ............................ .....C a s h ie r
JO H N P . M U N N .
..................... .M edical D irector
FINANCE COMMITTEE •
G E O . Gt. W I L L I A M S , . . . . . — P re s. C h e m , N a t . B a n k
J O H N J . T U C K E R . . . . , . , ........................................B u ild e r

E. H. P E R K IN S . J R ..,P r e s , Im p. & T ra d e rs 'N a t. B k.
JA M E S ft. P L U M .,..................................... ......L e a t h e r

B A N K IN G

R e tu rn s o f
P r e m iu m s
& E x p e n 's . $ 6 8 4 ,9 3 9 3 9

1 ,1 5 7 , 0 0 0 0 0

R e a l E s t a t e a n d C la im s d u e t h e
C o m p a n y , e s t im a t e d a t . .............

1 , 1 2 1 ,5 0 0 0 0

P r e m i u m N o t e s a n d B i l ls R e ­
c e i v a b l e ...............................................
C a s h i n B a n k .......................................

1 ,0 2 6 ,6 0 5 9 7
2 8 6 ,4 2 4 1 2

A m o u n t ............................................$ 1 0 ,9 2 2 ,4 2 5 08
S ix p e r o e n t in te re s t o n th e o u ts ta n d in g can
tifie a t e s o f p r o fit s w ill b o p a id t o th e L o M e *
t h e r e o f, o r th e ir le g a l r e p r e s e n t a t iv e s , o n a n i
a f t e r T u e s d a y , t h e fir s t o f F e b r u a r y , n e x t .
T h e d im in i s h e d i n c o m e y i e l d e d o n i n v e s t m e n t s
i n r e c e n t y e a r s m a y in t h e f u t u r e r e n d e r n e o e s s a r y a r e d u c e d r a t e o f i n t e r e s t o n c e r t i f ic a t e s .
T h e o u t s t a n d in g c e r tific a t e s o f t h e is s u e o f
1 8 9 2 t r il l b e r e d e e m e d a n d p a i d t o t h e h o l d e r s
t h e r e o f, o r th e ir le g a l r e p r e s e n t a t iv e s , o n a n d
a f t e r T u e s d a y , t h e f ir s t o f F e b r u a r y n e x t , f r o m
w h i c h d a t e a ll i n t e r e s t t h e r e o n w i l l c e a s e . T h e
c e r t i f ic a t e s t o b e p r o d u c e d a t t h e t im e o f p a y ­
m e n t, a n d c a n c e le d .
A d i v i d e n d o f F o r t y p e r c e n t is d e c l a r e d o n
t h e n e t e a r n e d p r e m iu m s o f t h e C o m p a n y f o r
t h e y e a r e n d i n g 3 1 s t D e c e m b e r , 1 8 9 7 , f o r w h ic h
c e r t i f ic a t e s w i l l h o i s s u e d o n a n d a f t e r T u e s ­
d a y , t h e th ird o f M a y , n e x t.
B y o r d e r o f th e B o a rd .

J . H . C H A P M A N , S e c r e ta r y .

B oston, 85 State St.; P h iladelphia, 402 W a ln u t St,
E x e cu te orders In Stocks, Bonds, Grain, C otton
and P rovision s on t he New Y ork, P h iladelphia, B o s­
ton and C h i' ago Grain and Stock E xch anges f o r In­
vestm ent o r to be carried on m argin o f 3 to 5 per
cent at m o d e ra te rates o f interest and 1-10 com m ia
Bion. In terest a llow ed on m argins and deposits subJect to ch e ck at sight.
D E T E R M IN IN G T H E F IN A N C IA L R E .
S P O N S IB 1 L 1 T Y O F T H E F IR M W IT H
W H IC H Y O U D E A L IS A S IM P O R T A N T
A S S E L E C T IN G T H E R IG H T S T O C K S ,

H e n r y E . H a w le y ,
J o h n D . H e w le tt,
C h a r le s D . L e v e r t e h ,
L e a n d e r N . L o v e ll,
Jam es L ow ,
W .H . n . M oore,
C h a r le s H . M a r s h a ll,
G eorg e H . M aey,
F r e d e r ic A . P a rson s,
G e o r g e W . Q u in t a r d ,
J o h n L . P .Ik er,
A . A . R aven,
N . D e n t o n S m it h ,
L a w r e n c e T u ru u re,

P a u l L, Th ebaud,
H o ra ce G ra y,
C h r is t ia n d e T h o m s e n ,
A n so n W . H ard.
G u sta v H . S ch w a b ,
C liffo r d A . H a n d ,
W i ll ia m H . W e b b .

A. A . RAVEN, P r e s id e n t .
F. A. PARSONS, V ic e -P r e s 't.
CORNELIUS KLDERT.-a* T U s e -V r a fi.
THEO P. JOHNSON.yd t U e - P r e s 't ,

OF NEW YORK,

Equitable Bulltling, 1-0 Broadway.

W . n . P A ft SON r.
F. S. P B A R S O N .
C h ie f o f C orps o f K ng’ rs. S ecretary and T reasurer,
H E N RY 13, S E A M A N .
E D W A R D T . F E R IN E .
D IR E C T O R S :
A u g u s t B e lm o n t,
A . J . C a s s a tt ,
M a r c e ll u e H a r t l e y ,
F r e ffe r io P . O lo o t t ,
C h a r le s R . F l i n t ,
J a m e s S t illm a n ,
G e o r g e C o p p e lL
W illia m A . N a s h ,
G. B. M. H arvey,
J o s e p h S. A u e r b a c h ,
J oh n I. W a terb a ry ,
G eorg e G . H a v e n ,
G eorge W . Y ou n g.
A D V I S O R Y C O M M IT T E E
o f S to c k h o ld e r s :
W. B a y a r d C u ttin g ,
T . J e f f e r s o n O o o l i d g e , jr
W a lt e r G . O a k r n a n ,
C h a r le s S. F a ir c h i ld ,
A . D . J u i l li a r d ,
G u s t a v E . K is s e l ,
H en ry W . P o o r,
I s a a c N . S e llg m a n ,
L o u is F i t z g e r a ld ,
R o b e r t M a o la y .
T h e A u d it C o m p a n y e x a m in e s a n d r e p o r t s
u p o n t h e a c c o u n t s a n d f in a n c ia l c o n d i t i o n o f
c o r p o r a t io n s , c o p a r t n e r s h i p s a n d i n d i v id u a l s ,
an d e x a m in e s a n d r e p o r t s u p o n t h e p h y s ic a l
c o n d i t i o n o f r a i lr o a d , m a n u f a c t u r i n g a n d
jt h e r p r o p e r t ie s .
I t s s e r v i c e s a r e o f v a l u e t o I n v e s t o r s , f in a n jla l i n s t i t u t i o n s , b o r r o w e r s o f m o n e y , d i r e c t o r s
>f c o r p o r a t io n s , m e r c h a n t s , f ir m s a n d p u r ­
ch a se rs o f p r o p e r t ie s .

The

B r a n c h O ff ic e , 1 1 3 3 B r o a d w a y , N e w Y o r k .

SO U VH EJK JV

IN V E S T M E N T S .

Exchange Banking &Trust 06.
CHARLESTON, S. C.
Cable A d d re ss,

C od e Used.

TCXBATCO, C H A ltL E ST O N .”

-

P a id -U p C a p i t a l,

-

-

$ 8 0 0 ,0 0 0

T h is C om pany u n d ertak es th e n e g o tia tio n and
issue o f loan s and capital oX C om panies o n tlie New
York or P h ila d elp h ia M arket an d w ill m ake a d ­
vances u p o n app roved C orporate, P erson al o r R e a l
Estate ecu rlty.
U nder its ch a rte r rig h ts it w ill a c t as T ru s te e ,
A gent o r M anager fo r the c o n tr o l o f co r p o r a tio n !
or fo r th e co n stru ctio n o f p u b lic o r p riva te w ork s

Fred. H

$ 1 0 0 ,0 0 0 0 0
3 0 0 .0 0 0 0 0

Offers its services to investors for the pur­
chasing of sound, dividend-paying Municipal,
Industrial and other good Bonds and Stocks.

Also Farming and Timber Lands, Mill
Sites Water Powers, Hotel Sites, Resi­
dences, Building Lots,etc., la t h e S ou th ern
States. C orresp on d en ce invited.
GEO. B. E D W A R D S .
W. K. M r n o W K L L .
K.

of

“ A . B . C .”

C A P IT A L P A ID U P, - D e p o s its S u b je c t t o C h e ck

R.

Company

Investment
Philadelphia,

;{Sl> C liestiiH i S t., P lii la d e lp lt la .

P riv a te w ires to ,B o s to n , Philadelphia and C h icago

P re a id e n ?
Casr ter.
M T I C K K N P U S . s e c r e ta r y and T r e a s u r e r

So. 8

Smith,

BKOAD STHEKT N E W Y O R K .

STOCKS AND BONDS.
ka h o i k

a o

o onrrrs

s o l i o i t s d

.

IN T E R E S T AT,T,OWED ON B A L A N C E S .
M arket L e tte r on A p p lication .
C o rre sp o n d e n ce
In v ite d . Established ISdS
All o la.sas o f U nlisted S ecurities aud Traction
Stock* B o u g h t and Sold-

Wisconsin T rust Co.
M I L IFJL U K V I S ,

TRU STEES:

D og root,
E. D o d g e ,
F razar,
F lo y d -J o n e s ,

OF

53 B R O A D W A Y , N E W Y O R K .

L oa n s secu re d b y S tock s a n d
o t h e r w i s e ____________ — ------------

W i ll ia m
W i ll ia m
E v erett
E d w ard

H O U SE

H A IG H T & F R E E S E ,

T h e C o m p a n y h a s th e fo llo w ­
i n g A s s e t s , v i z ,:
U n it e d S ta te s a n d C ity o f N e w
Y o r k S h ook : C ity B a n k s a n d
o t h e r S t o c k s . ................................... $ 7 , 3 3 0 , 8 9 5 0 0

I he Audit Company

Al l PoHcien n o w Isaiied by UiU Company
Extract from By Laws of the Audit Company
contain the lolltnvlne emu huh:
“ A f t e r one v e a r lrorn the date of I hmuc , t h e
of New York,
liability of t h e Company under thin policy
shall not be dlNputed.”
“ T h i* policy contains no restriction w h a t ­
A o tin a P r e s id e n t .
V ice-P resid en t,
e ve r upon i he Injured, In respect eith er ol
A U G U S T B E LM O N T ,
W IL L IA M A. N ASH .
tr a v e l, residence or occupation.”
Al l Death Cl a im s paid W I T H O U T D I S ­
M anager.
C h ie f C on snltlnp A u d ito r
ST E P H E N L I T T L E .
CO U N T as soon as satisfactory proofs have , T H O M A S L . U R K B N E .
been received.
C on sulting En gin eers.

l o s s e s p a id d u r in g
t h e s a m e p e r io d .$ l,4 2 5 ,6 3 0 20

G u s t a v A m s iu o k ,
J o s e p h A g o s tin i,
V ern on H . B row n .
W a ld r o n P. B r o w n ,
W i ll ia m B . B o u lt o n ,
F r a n cis M . B a con ,
C h a r le s P . B u r d e t t ,
G e o r g e C o ji p e ll ,
J osep h H . Chapm an,
J a m es G . D e F orest,

[V o l. L x m

C a p ita .

-

-

-

W IS .

$ S 5 0 ,0 0 0

B A J K K U l& S ,

00

Transacts a General Trust Business.
I n v e s t m e n t S e cu riliC H F o r K ale.

Robert R. Lockett,
A U S T IN , T E X A S ,
A T T O R N E Y -A T -L A W ,
D oes a gen eral practice in all the h igh er cou rts o f
Texas, an d b e fo r e the different departm ents o f the
State G overn m en t. B on d, in su ran ce and C orpor­
ation litigation , Charters and co rp o ra te perm its
cu red. C ou nty an d m unicipal bonds exam in ed,
regular bond Issues a dju sted. Law corresp on den ts
in every city and to w n in T e x a s. T rivia l business
n o t solicited .

Theodore Leonard,
A T T O R N E Y -A T -L A W ,

Investments and Corporations.
R e fe re n ce , F irst N ational Bank.

COLUM BUS, O H IO .
W hagier Bldg.

18

W ALL

STREET,

NEW

YORK

E s t a b lis h e d 1 8 6 8 .
M EM BERS OF NEW YO RK S T O C K E X C H A N G E
A llo w Interest on d e p o s its s u b jo c t t o s ig h t c h e o *
Buy and sell on com m ission stocks and b o n d s eitn er
for cash o r on m argin, and deal In

Investment Securities.
B . J. M o u se . C u

as

.

d

.

s ia h v in

. W . M .K i d d e r

^SECURE B A N K V A U LTS

GENUINE
WELDED CHROME STEEL ANDIRON.
R o u n d and Fiat. B ars and 5-ply Plates an d A n gle s
F O R SA F E S , V A U L T S , Ac.
Cannot b e Saw ed, Cut, o r D rilled, find p o s itiv e ly
Burglar P ro o f.
CH ROM E STEEL W O R K S,
K en t A v e., R e a p & H o o p e r Sts.
Sole M a n T e r s in the U. S.
B R O O K L Y N , N. Y