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o i n n u 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 5.0tO 878,133 6,020 575.040 77,597 3,600(209 41359 282 1898. » 6,74 7,817 1897. * , 5.520.598 1898. * 2.043/99 3.087,708 410,366 1,804,100 + 0 0 9 /2 8 424.471 1. 21,277 27+965 114. 00 €0 ,284 —136,430 J a c. o r D ec• 2.185.214 +1,208,385 -3 ,1 7 4 +80,031 0 I +120,576 +439,030 +180,328 + 5.359 +4,185 + 3,000 -3 1 & 1 4 6 -*-48,306 + 5 7 /0 0 +11,500 h -34,199 M,70O,612 b -109,778 5195,359 1+23,915 1,046,8+} +13,388 857.294 1,571,310 163,9-1 2,53 ,101 1,021,934 137.203 63,82*2 3,50+685 1,74H,00-1 7,187,016 + 9,215 8,4-1,350 6,840,000 5477,496 39,307.801 + 1 /9 + 4 8 + 1897. In c . o r D ec. * * +800,350 +234.243 2*10,109 101,047 050,535 —24,114 +13,153 +15,699 THE A ugust 27, 1898,J 1897. $ 1898. r A n th r a c i t e C o a l .y t jo n .) L e h ig h V a lie v C o a !... C o a l A I r o n a ............... t T o t a l ( 1 3 r o a d s ) . . . 4 0 ,2 2 6 .2 7 S M id d le S t a t e s A l l e g h e n y V a l i e v ......... B a t h A H a m m o n d s p .. B u f f A S u s q u e h a n n a .. F a l l B r o o k ......................... N e w b . D u tch . A C o n n . N o r t h e r n C e n t r a l ......... S t o n y C ’v e A C a t .M t s . W e st Jersey A S eash . W e st. N . Y . A P e n n ... Y o r k S o u t h e r n ............. + 1 ,0 1 0 .9 2 8 In c. o r D ec’ 1893. 8 1 8 3 .1 9 1 fl0 8 .» 1 0 3 2 4 ,0 0 4 151,49-* 4 4 .1 1 3 1 0 0 .3 4 0 1 0 2 . '1 8 1 2 3 914 3 0 0 .5 5 8 3 3 0 .9 2 1 2 0 4 .5 ' >7 4 .0 1 2 .0 0 1 1 7 7 ,3 * 3 9 ,5 1 5 6 0 .5 2 4 013 302 2 5 .4 8 8 1 7 ,1 5 7 3 9 .4 1 8 5 .0 4 2 3 5 2 .3 8 5 421 1 * 4 ,2 3 5 1 8 3 .5 3 5 5 1 ,4 0 7 d e f . 4 ,8 1 4 3 .4 9 3 1 8 ,9 2 0 2 5 4 .7 9 1 1 2 6 531 1 3 6 ,0 8 4 2 0 9 .9 4 7 7*- 2 ,9 8 4 2 9 8 .8 0 1 1 3 1 ,9 1 4 4 1 .7 8 0 1 3 2 .1 7 5 1 3 7 .4 0 3 7 1 .4 1 0 1 9 0 .0 5 4 3 1 5 .9 8 9 2 7 5 .8 8 1 2 ,9 5 5 ,4 0 5 1 2 4 ,9 7 9 4 ,8 8 7 5 5 .* 0 2 0 37 8 9 5 1 P .4 5 8 5 5 .9 2 4 3 4 ,7 0 1 6 .9 6 5 2 7 2 ,4 0 7 d e f - 1 .1 9 6 1 2 5 .4 0 1 7 0 .9 5 8 4 9 .1 7 8 d e f . 3 ,« 47 d e f .1 3 .1 2 2 11.2 71 2 3 4 ,3 2 8 1 1 4 ,'H 7 1 4 9 ,0 4 0 * — 2 6 ,7 5 0 +20+26 + 2 5 .2 0 3 + 16 5“ 5 - 2 .3 2 7 + 2 8 .1 6 5 + 2 4 ,0 5 9 + 5 2 .5 0 4 + 1 0 2 .5 4 + 1 4 .9 3 2 + 8 ,6 2 0 + 1 ,0 8 6 ,6 5 0 + 5 3 .0 7 4 + 4 ,6 2 8 + 1 0 ,0 0 2 — 2 1,5 33 + 0 .0 3 ') + 1 .5 3 3 + 4 .0 5 7 -1 .3 2 3 + 7 9 .9 1 8 + 1 .0 1 0 -* -$ 8 * 3 4 + 1 (^ 5 7 7 + 2 ,2 -* 9 -1 ,1 6 7 + 1 0 .6 1 5 + 7 .0 4 0 8 -2 0 .4 0 3 + 1 2 .4 8 4 — 1 3.6 12 S I , 1 0 3 .5 2 0 2 7 ,6 4 7 ,3 8 7 8 ,2 1 2 .8 1 2 7 ,6 1 0 .2 2 7 + 1 .7 0 2 ,0 1 5 1838. * 1 .9 2 ‘ , 5 ' 3 1 9 ,8 5 1 + 5 1 2 ,5 9 4 .5 1 4 1 .*>.751.3 82 1 3 + 3 0 .7 9 1 1 6 1 .2 5 3 8 1 9 .8 0 5 8 9 7 00.5 2 0 7 ,2 3 9 1 ,0 0 2 .9 4 5 1 .0 2 0 .3 * 8 111+81 2 .3 3 5 .7 4 5 1897. * 1 .8 40,83 4 1 * .9 4 1 ,8 4 7 2 .2 4 0 .9 1 * 1 8 ,7 4 1 .4 4 4 l l . 3 8 3 .4 * 8 12*609 0 * 2 .3 9 1 7 5 1 ,4 1 4 2 5 7 .9 5 2 909.3-*0 1 ,5 9 3 .2 2 7 1 0 0 .8 7 1 1 .9 4 5 ,3 7 4 1898. * * 9 6 .4 7 8 0 ,8 4 2 ,0 2 5 7 2 4 ,0 5 4 5 .4 5 5 ,0 1 1 4 ,2 0 3 ,8 4 5 6 7 .0 4 1 2 8 1 ,-0 9 2 5 5 ,4 2 3 6 4 .3 3 9 3 5 S 1 09 7 9 3 .3 1 0 1 2 .5 1 3 8 4 7 ,3 2 0 T o t a l C13 r o a d s ) . . . 6 1 .5 1 8 .0 2 2 1898. S o u th w e s te r n — A r k a n s a s M i d l a n d ... 5 5 .0 0 8 . 1 8 ,7 * 1 .3 3 4 739+73 7 C 9 .2 I6 7 .1 4 0 . 3 ,3 0 7 .4 >7 E u r e k a S p r in g s .. 2 >+24 0 4 1 .0 2 0 i 19P+39 2 ,4 3 7 .1 4 7 1 7 3 .4 2 7 K a u . C ity N o r th w e s t. R io G ra n d e J u n c tio n . 1 7 5 ,5 0 2 21 ,4-»4 7 0 1 ,5 3 2 1 8 -'4 .0 1 3 8 t . J o s . Sc G d . I s l ’ d ___ 1*72,857 8 t . L o u i s Sc S a n F r a n . . 3 .2 7 0 .7 2 0 1 1 " .5 0 4 T e x a s C en tra la ___ T e x . S a b . V . Sc N . W 2 0 .7 7 3 U n . P ac. O e n -A G u L . 1 .8 1 6 + 2 5 W a c o A N o rth w e s’n .. 7 8 .7 5 1 C o l o r a d o M id la n d .. C r y s t a l ........................... 3 5 + 0 0 .0 2 8 5 2 ,5 8 7 ,0 L3 I** 7 . 44+67 1 6 ,0 8 1 ,O'M) 4 7 - .4 I 5 7 9 5 ,1 4 2 6 .4 5 8 3 ,1 7 5 .0 5 5 2 8 .7 0 3 4 ) 2 ,6 2 1 122+H 2 .2 3 * 2 9 8 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 5 0 3 ,12 i 2 ,8 7 2 ,3 9 9 8 7 ,2 - 8 1 5 ,1 9 4 1 .5 8 4 .2 0 1 9 7 ,5 1 3 3 0 .1 3 4 . 14 1898. 1847. -3 * - C a n a d i a n P a c i f i c ......... 1 1 ,5 0 6 .0 1 9 9 ,7 1 2 .0 9 4 N e v a d a C e n t r a l a ......... 2 "+ 3 3 1 3.0 42 “ .5 7 3 .7 1 3 N o r t h e r n P a c ifi c ,® .... 0 .O 3 -,523 O r e g o n R R . Sc N a v . . . 3 .2 5 3 .0 1 2 1 .9 7 0 .0 7 2 O r e g o n S h o r t L in e ... 3 .0 5 3 ,4 6 3 2 .7 0 .O "5 P a c i f i c C o a s t ................. 2 ,7 3 1 .6 4 3 1 ,0 0 8 .5 9 » R i o G r a n d e W e s t e r n .. 1 ,6 0 \053 1 ,1 7 3.9 04 30-3.032 3J41.0 i'J 2 2 ,9 7 1 ,0 9 8 18 0 0 9 + 3 0 ; 6 2 .2 1 0 + 0 ) 6 1 .8 1 0 .5 7 4 L o u i s i a n a W e s t ’ n .® . 6 5 0 6 ,9 5 2 6 4 " 0 ,3 lO M ’ g a n s L a . Sc T e x . ® 6 2 .5 2 1 ,5 7 2 6 2 ,0 7 6 + 5 1 6125+10 N . V . T e x . Sc M e x . a . 6 1 1 - .751 T e x a s Sc N . O r l ’ n s . a . 6 6 . 7 .8 4 8 6 0 ) 4 .2 3 5 P a c i f i c S y s t e m . ® ___ 6 1 5 .4 3 7,9") 4 6 1 2 .2 2 0 ,8 0 7 U n i o n P a c i f i c ................ 7 .0 7 0 ,6 7 9 6.736.3H 2 P a c ific C o a st— T o ta l (1 5 r o a d s )... Stouthem . R oa d s— A l a . G t . S o u t h e r n ___ A la b a m a M i d l a n d .... A t l a n t a K n o x . Sc N o r . A t l a n t a Sc W P o i n t . . . A t l a n t i c Sc D a n v i l l e . . B i n n i n g . Sc A t l a n t i c . ® B r u n s w’k Sc V e s t ’ n . . C a r o l i n a M i d l a n d ......... C e n t r a l o f G e o r g i a ___ C h a r . Sc S a v a n n a h ___ C h a tta n o o g a Sou* h ’ n . C h e s a p e a k e A O h i o . .. C in . N .O .A T e x .P a c .® C o l. N ew b . A L a u ren s G a d s d . A A t t . U n io n .. 0 1 .8 0 0 .8 7 5 1898. * 8 3 0 .4 * 5 4 0 0 .7 9 0 1 5 2 .2 4 3 27 3,1 <8 2 1 0 ,3 1 2 ’. 1 .1 1 9 2 9 8 .2 1 2 2 1 .2 7 0 2 .4 0 1 ,0 5 3 3 8 0 ,5 6 2 8 4 .2 0 4 5 .7 4 0 .7 9 5 1 + 7 7 .1 9 5 2 7 ,6 1 9 3 .0 4 2 4 0 ,9 0 0 .9 2 2 1897. $ 7 4 6 .4 9 9 3 8 5 .2 <7 1 2 5 .2 5 3 2 0 1 .0 3 5 2 0 0 . 44 8 .7 9 7 273+00 2 4 .4 1 4 2 ,3 8 0 .5 3 5 3 1 9 .6 3 1 3 0 .0 1 7 5 .3 1 9 .0 5 1 1 .4 1 9 ,9 0 3 2 3 0 ,8 4 1 4 .8 8 0 2 0 .5 5 1 .1 0 9 1898. 3 ,8 9 7 ,7 5 0 8 + 9 . C0O + 5 0 .1 1 4 +■420 + 1 6 1 ,9 5 0 — 9 7 .? Id + 1 .3 8 5 —a 4 «7 -4- 7 0 ,100 6 + 1 6 .0 ' 6 6 -2 + O L + 8 .7 6 -3 — 159.724 + 1 3 2 .9 0 0 +371 + 1 \534 — 5 ,3 3 9 + 2 .9 0 3 +85+79 -4-3,425 1897. * 0 2 9 .0 1 0 1 .9 1 9 ,8 9 4 1 ,1 2 0 .2 1 6 7 5 3 .5 0 9 3 1 1 ,3 0 2 4 7 7 ,0 4 0 6 0 0 .8 0 5 2 6 4 ,2 8 ) 5 6 4 .7 4 9 1 ,3 1 8 .4 3 9 1 ,1 4 9 ,7 4 7 1 O ,7 "1 ,0 9 4 3 9 3 ,0 7 2 1 8 .0 1 3 2 4 3 .6 3 7 1 ,6 3 \ 74 8 6 0 .3 1 8 2 7 8 .9 0 4 8 3 ,9 9 1 2 2 .9 3 8 1 ,0 3 9 ,6 0 5 6 .7 0 7 5 3 5 .3 3 0 7 0 2 ,9 8 8 2 7 5 .5 0 0 3 1 .9 5 2 1 6 9 ,8 8 0 3 0 ,5 1 7 8 2 5 .0 * 1 4 2 0 .0 8 8 1 ,0 3 9 .3 2 4 1898. M id d le W e s t e r n — T o t a l (2 1 r o a d s ) . . 8 ,5 2 3 .7 8 4 1897. 1898. 1897. § * * 32+88 4 2 .7 8 8 1 ' 0 .3 3 0 4 8 3 ,4 8 9 4 3 3 .3 7 5 1 ,1 5 1 ,7 3 4 *3o 410 1 0 ,1 8 1 6 4 6 ,5 0 0 4 8 1 .5 4 1 1 .5 5 2 .2 4 2 2 7 0 .0 0 9 9 4 .9 5 1 1 2 2 ,4 0 7 99+79 9 8 .4 9 1 3 0 ‘ .2 2 0 1 1 2 ,4 7 5 1 0 6 ,0 0 8 2 7 2 ,4 2 1 4 1 7 ,0 7 9 3 4 7 .5 * 9 . 1 ,7 9 * .7 4 ) 6 5 6 .3 3 0 6 d e f + + * l !> d e f.2 ].7 5 7 6942 65-*,538 6 d e f . l ,8 5 u 4 535 5 8 ,2 0 4 1 3.2 97 8 1 2 , 2 '9 3 ,0 2 0 ,3 9 1 0 5 2 ,4 9 5 1 .0 2 ,9 9 4 4 ,2 7 6 ,0 8 3 8 8 8 .' 94 9 .« 1 4 d e f . '. 5 0 0 d e f . l . i 2* 5 8 .5 3 5 2 3 5 .4 4 0 0 9 .1 1 9 3 9 ,5 8 0 1 08 .53 0 3 4 .2 4 1 1 7 8 .0 <3 1 7 5 .1 3 0 1 ,0 2 7. 1 28 279 627 3 6 5 .4 0 0 1 .2 3 3 ,6 3 7 3 1 .0 5 7 1 2 .6 3 9 9 .2 1 4 4 3 .9 4 1 ,7 9 7 9 ,5 4 5 ,7 1 2 — 42,591 — 15,174 + 4 4 5 ,2 3 1 — 12(».59( — 5 .8 2 + 1 7 , 33S + 1 5 4 ,4 7 9 -♦-345.107 4 ,2 3 7 ,2 0 9 A n n A r b o r ......................... 7 3 0 .3 8 0 C h ic. A E a s t’ n I llin o is 1 ,9 9 9 .1 2 4 1 ,2 5 9 ,7 8 7 C h ic . I n d . A L o u is v .® . 8 0 2 .3 9 1 C h ic. A W e s t M ic h .... C l e v . C a n t o n A S o ......... 3 3 6 .2 1 4 . 6 0 3 .2 2 7 C l e v . L o r . A W h e e l ’*?® D e t. G r. R .A W e s t .... 7 1 0 .0 9 6 D e t r o i t A M a c k in a c ... 2 3 1 ,5 2 4 E lg in J o ii e t A E a s t ’n . 7 5 3 .1 3 4 F l i n t A P e r e v la r q .. 1 ,4 2 8 .3 4 0 G r. R a p id s A I n d ia n a . L 2 0 7 ,8 8 8 I l l i n o i s C e n t r a l <■........... L3,2 3 0 ,5 1 9 I n d i a n a 111. & I o w a . . . 4 4 4 ,4 8 4 I r o n ......................................... 2 5 ,7 4 2 K a n a w h a A M i c h ......... 2 6 8 . 5 '4 L a k e E r ie A W e s te r n . 1 , 6 4 8 . '8 ' M a n i s t i q u e ..................... 5 9 .6 5 3 P e o . D e c . A K v a n s v .r . 2 7 8 .9 5 3 P it t s b . C h a r .A Y o u g h . 8 8 .5 7 6 P it t s L is b o n A W e s t . 2 2 .0 9 8 P i t t s b u r g A W e s t ’ n .® 1 ,2 3 1 ,2 * 8 S o . H a v e n A E a s t’ n c. 7 .4 9 4 T . H a u t e A I n d ia n a p .. 6 4 7 .2 7 3 S t. L . V a n . A T . H .. 8 0 1 ,4 0 4 T . H a u te A L oga n sp . 3 0 9 ,0 2 4 I n d . A L . M ic h ig a n .. 3 3 ,4 3 7 T . H a u te A P e o r ia .. 2 1 5 .0 9 6 E . S t . L . Sc C a r o n d .. 5 1 ,0 2 0 8 7 3 .1 * 0 T o l e d o A O h io C e n t... T o l. P e o r ia A W e s t ’n . 4 0 2 .1 0 3 T o L S t. L . A K . C it y .. 1 ,0 2 8 ,4 8 4 N o r th x o e s te m — ? 1 5 .6 7 8 .1 7 3 T o t a l (1 9 r o a d s ) . . . 1 6 , 7 5 3 ,1 2 ) B u r l . C e t l. R a p . & N o . . ■ C h ic . B u r l . Sc Q u i n c y . . C h ic . G r e a t W e s t e r n .. C h i c . M U . Sc S t . P a u l . . C h ic . & N o r th W e s t .a D . M o in e s N o. W e s t c. D u lu th S o. S h . A A tl. I o w a C e n t r a l ................... K e o k u k Sc W e s t e r n s . . M i n n e a p . St S t . L o u i s . M i n n . S t . P . Sc S . 3 . M . . S io u x C y. A N o rth e rn W is c o n s in C e n t r a lc .. I n c . o r O ec. 1897. $ 1 .0 4 0 ,0 9 1 1 ,0 8 7 ,6 8 5 2 ,8 1 2 .3 0 4 1 4 0 .2 7 5 1 5 5 .1 4 9 3 7 3 ,0 3 7 1 .8 3 9 ,6 1 4 1 .3 9 4 .3 7 3 8 .1 4 2 .5 2 3 6 .3 7 8 .0 7 5 d e f .3 S 2 .4 5 0 d e f . 2 0 l + 0 ) 4 1 1 ,5 1 7 4 1 7 ,3 8 9 1 ,7 0 7 ,0 9 8 003. 64 3 * 0 447 f2 \ 6 * 3 3 ,1 1 4 ,4 5 0 3,2-18,929 7 ,7 1 9 ,9 0 1 7 .1 8 6 ,3 6 2 d e f . 2 4 8 ,7 0 9 d e f .5 9 3 ,8 1 6 3 ,< m ,8 S 4 3 8 5 .3 1 6 S .4 2 9 .5 S 7 6 ,4 9 1 .1 2 7 1 ,7 3 2 .0 5 4 * 0 3 ,2 5 0 8 ,2 8 0 ,4 0 5 7 ,9 3 1 ,5 5 8 1893. $ 10P.061 1 .2 6 •‘,6 2 2 1 0 ,O'* 7 1 + 0 8 .2 4 9 2 6 8 .8 0 2 3 8 9 .7 2 1 272 300 1 ,9 3 \ 9 S 2 6 5 4 .0 6 9 6 1 4 ,7 7 2 5 7 .5 0 9 3 ,0 1 2 .4 9 4 4 ,6 4 1 .1 9 3 9 .7 9 4 3 0 9 ,4 9 1 1 7 3 ,8 1 5 1 .0 5 8 ,7 s i 1 ,3 9 9 .1 1 3 3 5 .2 8 5 1893. * 1897. -f-3 39 ,45 3 I n c . o r D ec. 1897. I n c . o r D ec. * * + 3 ,1 3 2 5 3 3 .3 4 6 6 ,2 7 * 0 9 4 + 5 0 3 .3 2 9 0 1 0 .7 6 3 + 1 1 5 ,2 8 7 5 .1 2 1 ,3 * 3 + 3 3 0 ,6 5 3 4 .1 1 5 L94 + 1 18 .67 1 28+78 + 2 8 ,1 8 .3 + 1 1 0 .0 0 1 1 6 5 ,7 4 5 2 1 4 .5 5 4 + 4 0 .8 0 9 + 7 .5 4 0 5 1 .7 9 3 314+91 + 4 0 .3 7 ■ + 2 2 " .O 2 0 5 7 3 .2 8 4 + 1 2 .9 8 9 d e f . 414 0 0 5 ,9 9 0 + 2 4 1 ,3 3 ) 1 8 ,0 7 6 .-4 7 1897. + 1 ,8 7 4 ,2 6 2 I n c . o r D ec. 024 4 ,4 8 0 ,3 7 5 2 1 6 .5 9 3 1 1 1 .9 0 2 3.***0 1 .5 3 8 .0 8 1 9 ,4 0 7 2 1 1 .3 1 2 « 7 .5 8 l 7 3 9 .7 2 2 3 5 .3 4 0 62+0 H 1 1 3 .8 5 1 11 * .2 1 9 1 7 0 ,0 1 7 1 0 1 .0 9 0 1 ,2 4 5 .0 0 4 23+5 1 3 .9 0 3 5 0 1 ,0 1 2 2 2 ,4 2 3 d e f . 7 .3 8 9 3 ,1 3 0 ,7 * 2 107,581 1 7 w.* 0 9 2 .8 -G 1 ,3 3 3 ,3 0 9 P .1 7 5 8 5 .2 74 1 3.1 80 0 8 5 ,3 ' 8 2 3 .5 * 8 4 0 ,0 3 7 07.44*2 1 2 3 .7 5 9 146+70 1 1 4 .4 7 0 1 ,0 9 8 .3 1 2 0 .4 7 3 0 .2 3 0 4 0 3 .2 7 9 3 4 .3 4 0 + 8 .0 r + 1 . 34 9 ,59 3 + 1 3 9 ,9 1 2 — rt7,4**7 +■•82 + 2 0 5 .3 7 2 9 ,9 3 7 .2 1 1 7 .8 * 5 .1 5 3 + 2 ,3 3 2 .0 7 1898. $ 4 .1 5 3 .0 7 7 8+00 3 .0 8 1 .3 1 9 1 ,1 5 8 ,3 0 1 1 .4 2 2 .1 * 4 0 3 1 .5 5 2 5 9 9 707 1 0 5 .2 3 8 7 + 9 0 200 6 5 8 4 ," 0 0 6233+13 6 * 1 * .3 0 7 6 1 ,7 5 5 6 2 W .253 6 4 .7 7 7 ,2 7 5 3 .1 3 0 , 01 2 2 .8 9 2 .9 7 7 1898. S 2 0 4 .9 2 7 7 2 .9 0 0 3 2 .4 3 7 9 1 .7 9 0 7 5 ,1 7 0 839 0 9 ,0 5 8 2 ,1 5 1 65I.4M 7 1 0 0 ,2 7 6 d e f . 304 1 .7 7 S .2 <9 5 9 7 .1 8 0 0 2 ,7r 5 1.111 + 1 2 0 .0 0 0 + 5 4 .1 0 1 + 5 1 .4 U -t-1 2.2 51 + 1 2 .0 1 + 4 0 ,3 0 9 —5+10 + 2 8 .-7 7 -*-51,0 40 + 1 4 7 .3 2 + 1 7 . 0 7? + 2 .7 0 8 + 1 6 0 .0 3 3 — 11+17 1 8 9 7 . I n c . o r D ec* 1 * 8 ,0 0 7 ,1 9 1 + 4 8 0 .4 8 3 + 0 ,4 * 4 2 .0 1 0 1 ,0 8 6 ,0 0 + 1 9 0 5,29 3 -t-50 4.4 5-. 0 5 3 .8 4 3 + G 9 . 188 1 .2 2 2 + 0 0 22*1.103 + 4 0 5 .4 4 9 423+21 + 1 7 0 ,2 1 0 + *1.150 8 1 .0 * 2 + 2 ,3 5 4 .5 LO 5 .0 1 1 ,7 0 6 v-2 24 ,0 ‘ -9 6 3 5 9 , *51 6 7 1 .2 5 8 6 + 6 2 ,2 5 1 6 2*2+21 6 5 0 5 ,7 8 6 6 + 1 1 .2 ’7 6 4 0 , >48 6 2 2 1 .3 1 7 6 -1 5 + 9 4 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 . I n th e m a t t e r o f b r id g in g , b e s id e s 151 w o o d e n c u lv e r t s a n d 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 18 to 70 fe e t h ig h , b e in g n e a r ly a ll t h e b r id g e s o f t h a t c la s s o n t h e w h o le lin e , are b e in g m a d e p e r m a n e n t b y b e in g fille d w i t h e a rt h on sto n e a r c h e d w a t e r w a y s ’ a t a n e s t im a t e d co st o f §3 0 8 ,1 7 3 . 15*07 T A B L E I I .— O P E R A T IN G E X P E N S E S . T h e f o llo w in g is a s t a t e m e n t o f o p e r a tin g e x p e n s e s c o m p a r e d w i t h th e p r e v io u s y e a r : P . O. O f T e a r E n d in g Y e a r E n d in g O p tr a V g E x p a n ses. J u n e 3 0 , 1 8 9 7 . J u n e 3 0 , 1 8 9 8 . 95 38 47 6 5 3 ,5 6 3 6 3 6 0 0 .2 4 6 0 2 2 ,0 0 0 ,9 1 4 4 1 In crea se o r D ecrea se. $ D .2 2 , 4 6 2 3 2 £ 1 3 3 ,2 4 8 6 4 2 .2 1 2 ,5 1 9 9 4 21 85 1 9 2 ,5 9 1 7 8 3 3 0 ,0 5 6 8 6 £ 1 3 ,0 3 4 5 7 2 .1 3 ,4 4 4 0 1 T o t a l s ..................... 3 ,4 2 7 ,5 8 7 8 6 3 ,7 7 7 ,3 7 2 7 0 £ 3 4 9 ,7 8 4 8 4 M a la te n . o f W a y 6 7 6 ,0 2 5 M a in t e n . o f E q u i p . . 4 6 6 .9 9 7 C o n d u c t in g T r a n s p .1 , 7 3 8 , 3 9 4 T r a ffic A g e n c i e s a n d A d v e r t i s i n g ............. 1 7 9 ,5 5 7 G e n e r a l E x p e n s e s . . 3 1 6 ,6 1 2 In c. o r D ec . D . 3*3 2 1 .2 8 *5 3 2 . 11*88 1 .7 ". 1 . 4*1 £10*20 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 kC 5 8I1 Qtlfi 9 9 6 QQ 88 75 00 2,34.4- 59 1 1 .2 6 8 2 6 4 ,2 0 2 5 6 2 8 ,8 (3 3 2 3 $93 i,189 50 per 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 -------- 2 6 9 ,2 8 2 7 5 3 8 ,9 4 0 0 0 4 7 ,9 4 0 0 0 6 ,2 2 7 7 3 $ 1 ,2 9 6 ,5 7 9 9 8 A ugust 27. 1S9S, J THE C H R O N IC L E . 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 00 00 00 50 00 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 ,« 4L j 5 5 ,„ 54, 6 6 7 ,. 48> 5 5 ,, 54, 6 07,3 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, a n ,. 4% 5 * ,. 6 OH 6U |» 44, 5 “ ,e 6 6 >4 6H , „ 44, b » ie 6 61* 6 u is iH o n T o e * W ed T h . F r l. 4% 5 6 ,0 5 1,3 1 54, 4*8 55,, 617,5 54, 44! 5 'i e 6 6U 6 > -t « «e 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 0 301 T otal. of QD om S ows qw ; owjgw^QSdSQsijosjsofsooKiaasj o g 1, o g B o * % o £ S s g » o g 5 Y g q o g 2 s S < o o 5 l &S i s.g I ag P s.g g ag § a^ > ag s a | g ag » ag 1|B§ & ■ to f i.® 5 ? S ? 5 ? 'I ? 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 ___ 4 87 : ■j ■ • i ■\ : : • i : i T : ■ ? : • I i • » : : w: | I : : : i 1: l I : g pi o^ • A Y an O H 1 8 1 9 1 1 1 a mm < l-j ccc* 1 8 11 co 1 e «C05 1 9 uxtm 0D » *3 ChOt 1 8 1 9 I ^ ■ 00 © 1 <J 1 © 1 81 mm ©05 - l ce 1 $ ? 1 < 11 mm © -j 00m mm OStfc* 1 9 mm mm <1<! co»19 mm 1 mm <i - j CP CD -i-i <**-© -3 -1 O © mm mm -j-i coco -i© © JO 1 d <J<1 mm © © © d CO r - mm mm am l ^ 1 & mm mm 0 0 CO m© a-C O © © -3 © me* mm mm mm <1 0 0 < i ‘. ►-© 1 « <1 - 1 1a or CD Onv j mm -4 © p--3 l 9 mm <1 ► — * <1 © d d 1 1 .- .I <£> -•J m toco CD —1 ■i 1 «c 1 9 -4 © me d 1 0 mm -1-3 ©m to o I 0 mm ecoo co to CD ' © mm mm ©— 3 1 9 mm mm - im 1 9 mm mm M© 19 1 ? ' a CO 1 ? ' © *-> mm mm to © mm mm a *9 mm mm 1 9 1 © 0 0 <3 mo« d i fl 0 -3 T 8 mm mm mm mo« j m ' <1 © mm ©© mm dm 1 « mm 1 * mm a © mm dm © 1 9 mm d d t-*© CO- 4 mm mm 1? 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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 4 6 ,0 0 0 2 9 ,0 0 0 5 S ,0 0 0 I m e r .o o t fc o n a f lo a t f o r E n r o p e 1 4 .0 0 0 3 ,0 0 0 1 7 ,0 0 0 1 5 ,0 0 0 S * y p t , B r a z il, A c . ,a t t t .f o r E ’ p e 2 9 0 ,7 5 6 1 9 7 .5 0 S 7 6 ,4 2 6 1 8 3 ,4 9 8 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 ,2 0 0 7 6 ,2 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 1 7 .0 0 0 3 .0 0 0 S g y p t , B r a z i l , A c . , a f l o a t ......... 1 5 ,0 0 0 2 3 2 ,2 0 0 2 7 5 ,2 0 0 2 9 4 ,2 0 0 T o t a l E a s t I n d i a , A c .......... 2 0 3 ,2 0 0 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 i c a n ..................... 1 ,4 7 0 ,5 8 2 T o t a l v i s i b l e s u p p l y . . . . . . 1 ,6 7 3 ,7 8 2 1 ,0 3 5 ,0 2 0 l ,3 1 9 p i t f l 2 , 3 9 4 ,7 3 8 4®32d. d. 45,32d, d i d d l in g U p la n d , L i v e r p o o l . . 3 ^ a<?, S o. 8 1i« o . d i d d l in g U p la n d , N e w Y o r k . 5^o 6& ied. 5 le d . S g y p t G ood B row n , L iv e r p o o l 4 5 ifid. 63|ed. 5 9is d . 6*4 d. P e r u v .R o u g h G o o d , L i v e r p o o l 6 78<L 3 J ° ie d . 4 732<L 4 J ied. S r o a o h P in e , L i v e r p o o l ............. 3 i 532<J* 358d. 4 9ayd, 4&32d. O n n e v e H y G o o d , L iv e r p o o l.. 36Sod. 863i |a°: W T h e im p o r ts in to C o n tin e n ta l p o rts th e p a st w e e k h a v e been 2 9 ,0 0 0 b a le s. . .. . T h e a b o v e fig u re s in d ic a te a n increase i n th e c o tto n i n to -n ig h t o f 6 31 ,1 82 b a le s a s c o m p a r e d w it h th e s a m e o f 1897, a g a in o f 353,901 b a le s o v e r th e c o r r e s p o n d in g o f 1896 a n d a d ec re ase o f 720,956 b a le s f r o m 189 5 . , , , s ig h t elate d a te i'H E C H R O N IC L E . 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E'hUadeli>hi» 4 agu sta — . viein ph L ls.... St. L o u i s ___ H o n s t o n ___ ^ n o in n a t i.. L o u i s v i l l e . .. « O 5! pi C otton a t B e lo w a r e c lo s in g q u o ta t io n s o f m id d li n g c o t t o n a t S o u t h e r n a n d o t h e r p r in c ip a l o o tt o n m a r k e t s f o r e a c h d a y o f t h e w e e k . W e ek e n d i n g A ttg . 2 d , o [ V Ol , L X V I1 . A t h e n s ................. A t l a n t a . . . . ___ C h a r l o t t e ___ _ O o lt u n b n r . G a . -t s CD* Sw g s r « £ *; 6 50 50 50 1 C o l u m b u s , M is s | E u l a u l a . . . . ____ 1 L i t t l e R o o k ___ 1 M o n t g o m e r y .. . 5 5 50 538 N a s h v i l l e ___ _. N a t c h e z .......... .. • R a l e i g h ........... .. . S h r e v e p o r t ___ 53s 5 3 ,8 53, 5*78 W eather R eports by Telegraph.— A d v ic e s to u s b y te le g ra p h th i s e v e n in g f r o m th e S o u t h in d ic a te t h a t th e w e a th e r h a s b e e n f a ir ly f a v o r a b le a s a ru le th e p a s t w e e k . A t pa. s o m e p o in ts th e re h a s b een r a th e r m o r e m o is tu r e th a n d e £ sired , but- g e n e r a lly th e p r e c ip ita tio n h a s b e e n m o d e ra te . O COtS-'d’ t- O'- OCOCO'OCO^OCOCfcOOCKO i n o i o c n o c c o j T e m p e r a tu r e h a s b e e n v e r y s a t is fa c t o r y . F r o m A la b a m a *-*»<lC00Q; CO—*; Or* tococ O CCMCO© ©/-* © © CO-4 M/ - OSCO0» s «■ & I^ C O O > COO*. t0<JOCD(fKOO<J^-*^N5 0C<£5<10lt0H-|h-|fri-*0’ an d M is s is s ip p i th e r e are c o m p la in ts o f d a m a g e by ru s t, sh e d d in g , w o r m s , e t c ., an d i n j u r y is a ls o re p o rte d f r o m a f e w p o in ts in th e A t l a n t i c S ta te s . R e p o rts fr o m T e x a s co n ■ m cc ■ m to h - t o t o O — <-* •-> CO* tin u e g o o d . P ic k in g is m a k in g g o o d p ro g re s s in th e e a r lie r ; C*. to tUQDtOj CO| OOOlC^ OW W W O © r-*M 101 fcOCOM O^O *qO -vJC0O t0Cn«5 • uiCO-0 • C O ( & - 0 0 * 0 . t o CO CO CO se ctio n s. G alveston, T ex a s. — 'I h e re h a v e b e e n s h o w e r s o n th re e d a y s g» CO O* W CK I-1 tOM rd u rin g th e w e e k an d th e r a in f a ll r e a c h e d t w e n t y h u n d r e d th s it*cc ;» ca to © ^ b o to cncnorjoit^c^coo © a ^ Q o w c ic a o Q c n a jW M p p p p p f - p o ^ j p p 'D tfa!-L-q tfi. COCOCO- OlftHffiMp .o p p o i o f an in ch . 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 , th e h ig h e s t o o w a jV © V w b V c o b V ^ H V c /< iV (fc w © « V M ® V c o V fc M w a OCDMOC<1 M*sa01-4 t- O W*-l -3 CO<1i“ >£a10 MO <0COCO(P- i&-i^OM CD CD«a b e in g 90 a n d th e lo w e s t 76. tpaCOOl^OOQOn OM CDtO© CRfiDOO H © »- VCOCEOCDMMCl SOt^CCM 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 . T h e th e r m o m e te r lia s a v e r a g e d 8 2 , r a n g in g f r o m 88 to 96. I 5 s 13 M M M O H * CD M ® ! ! : 00* to; M to o h m w o w ocm h ! ! c o i c » : o -M O i coco! t o ; o » © cn co i 3i-5 'a H u ntsville, T exa s. — T h e r e lia s b e e n r a in o n o n e day, d u r in g C O CPC* © COMCJ>CP!i#*■ •if*©©- Cct-OO&OOQ* *4W» OtO-4<3 i ‘___ U 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 a n in ch . 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 9 7, a v e r a g s ». ■? s in g 83, i-* CD ■ CO<JCO<I M co co » C O ^ M tO tO ^CDODOCi. -1 to. C5I- J-*C*C*Cn MM CD00 © torf*. CO>-3 COWCO) , t a » D allas, T ex a s.— T h e r e h a s b e e n ra in on o n e d a y d u r in g th e W C ’i - l O J C O O < H« © M PC COCO CO »■»©>■-') M M Q (S H w e e k , th e p r e c ip ita tio n r e a c h in g th i r t y -n in e h u n d r e d th s o f ’ 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 V ia B o o k I s l a n d ........... 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. * D e cre a s e d a r in g w eek . >-* to CO co '«0•-*•M © &3 03 ‘ ‘i- b d 'c CO S i C O i - J i - O ^ o a O ' OOOiOCOiSkO- WtO M ■ a to co O O C a tD V ttn tO ^ O C O ; W O - M fcO' *-»<»• < » M M 1 C tW . COCn; O O O -J , m M CntO*- OOiCO- C*£«*© * g | ]§ I? A ugust THE 27, 1898 | C H R O N IC L E 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 . R e o e lp ts (o a n ta rs* )___ m i s w e e k ........... S in ce S e p t . 1 ............... 3 ,0 0 0 6 ,5 1 9 ,0 0 0 | 1895-96. 4 ,0 0 0 5 ,7 9 9 ,0 0 0 w eek. S e p t. 1. | w e e k . S e p t. 1. e x p o r t s (b a le s )— T o L i v e r p o o l ____ __ T o C o n t in e n t !. . . . . . . 2 ,0 0 0 3 4 8 .00 0 3 ,0 0 0 4 8 2 .00 0 5 000 5 ,2 1 0 ,0 0 0 | S in c e 1 T h is 1 S i n c e T h is C o t t o n .— of | T h is S in c e w e e k . Sept. 1. “ 1 .0 0 0 339,0001 2 .0 0 0 4 0 8 ,0 0 0 336.000 1 ,0 0 0 341.000 T o t a l E u r o p e _____ 5 ,0 0 0 8 3 0 ,00 0 ! 3 ,000! 7 4 7 ,0 0 0 1 ,0 0 0 6 77,000 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 . 1898. 1 897. « . . . |8H l b s . S h ir t- Cfott’ n fw * "- 1 d. d. is. d , s. 0**06 5^18 ®67j8|4 O^jO S 5®b ®6T10|4 0 1 * 0 6 5 n ,e 9 6 i8 4 1 ® 6 59i6 * 6 % 4 O h s»e 5ki ® 6510|4 0 0 6 J ’ l y 2 r 5^16 ft6'ie| 4 ’ • 29 Aus?.f .. 12 “ 19 " 26 com m on to fin e s t . d. 7*2 7i* 7 1* 7b 7 6*s M id . U p ld s 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 m e n t as f o llo w s : T w ist. d. d. d. s. 313,a 4 315,2 4 315,, 4 31, 67(8 ® 7 V 4 34s 630 ® 7 7 1(1 4 35,8 6 ?t8 07^8 4 to f i n e s t . d. s. 2 06 2 06 21*06 2 i* O 0 2 06 2 ©« d. 7*a 8 8 8 8 7b M id . U pld s d. 4b 49.-,a 4*^2 4 73J 4 333 45,2 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 ....................................................................................................................... 2 4 .9 6 3 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 3 2 » O op. in g t , com m on 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 , B riV n . p o r t s , m a n y . N o rth . S ou th . A c. J a p a n . 4 ,7 4 4 13 7 2 ,0 2 9 100 7 0 S ............................. N. O rleans. 1 1 ,5 6 4 1 2 ,5 1 8 G a l v e s t o n ...................... 100 100 .................................... C h a r le s t o n ........................... 10 0 ........................................... .. N o r f o l k ............................ ICO ................................................... 2 ,0 7 6 ........................................................... 1 ........... B o s t o n ___ B a lt i m o r e . 300 ... 300 ................................................... P h ll’ d e l p 'a 1 ,6 0 0 ........................................................................................... 200 10 0 100 2 ,0 7 7 600 1 ,6 0 0 2 0 ,2 8 4 137 954 T o ta l. 7 ,7 6 8 .............................................. T o t a l.... ... 3 ,5 8 3 200 758 1 ........... 2 4 ,9 6 3 T o J a p a n s in c e S e p te m b e r 1 s h ip m e n ts h a v e b e e n 1 32 ,5 16 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........... H a v r e .................. B re m e n ............... H a m b u rg ........... A m ste rd a m ........ .c. R eval, v . H am b .c. Do v .B r e m ’n.c. 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 I ! &S-*!!&! Si : B © . . THE DRY GOODS TRADE. N e w Y o r k . F r id a y , P. M., Aug. 26, 1898. © 00 M © © © © ca © c*© toot ©CO — *-to COM — to — to — X © © © •*■ co 0 *a — © juifk ©a COJO—"-3 to -1 CO00 © © o» -4 *4 a © to ^ a ** © to co M © 0 © to ©CO —— ©^ 10 <] o»o« COH 1— X »4 O* © © <3X©C* 0 O © CO00 © 'J O ' J O ' - © to M to © © © 0* M c — bo © — to 0 1© — bo GO e© to to to to if* © © © © *4 <3 © *0 © 00 © © 00 © © © — COCO •4 ©10 © *4 © © —©<1 m o» m O '© co a* m co to o» © rf* a co to © X if* CO*4 #a© M V CO COX <1 © © co to — X -4 © M IOC* <1 - tD 0- 0 1© © © CO © 00 X © M © to O' © © X M — — •4 M © to o< >f* 00 © O' c o© OOCO CO M tO <3 01 to to M © © -J © © ©a *k © £k to -si*-' 00 -o * -M © © © CD^3CO-4 **■ *4 c i x ic to © toot ©o» to © o x GOCO ©£b»*k COC1 a© coo to 0 rffc. CO ci oi © co t o — © 0 5 CO M © O' C* O' M *4 © tO© M tO M © *k-4j4 <100c t ©00 ©w © X COM © O' Mj4 ©© to to cs© © © 1 9 9 3 ,7 6 2 l l , 0 0 9 ,5 3 6 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 © 00 o« 0« © T o ta l 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 g CD Q ® & Rrils j 0 ;i •fi; 1 R 0 : i ; I O' oa to a M iU X M O' a> ; J | a jj|T © K © #k x M M CO*4 O' <3 © © tOtO tOM COtO M CO*4 COO' a. x a m x-ee Sl04MCD<k —a © © X to © if- M M tOM M©rf*©Ot © a co - 1'to © -4 M COCO to O' © **■© CO © © 0 O' to *s. #»•© a x <3 <3 COMOO ^3 © © CO© XM X©© MMjOtOM M <3 to o l© <3 co 0 to X £*<3MCOOt © X M O' M -4 © —M © © x to © O' O' to ©CD to M m ©CO O' COM CO ~-i <j to if» x © x© oco —© coto MOlVcOOT <3 fOX © Ot — © ^3 X © *6 € 00 'S g •*. to#— to CO© <3 © O' <3 M <1 O' X — X X ©© ©© <Y© <3X X .f* to M to to x c o © — cn © © © to© M -4 COr- CO ©x ©a x M ^ to O' M COM if©pipi©oo-6& « CO05 to < GO 03 tO M ^ tO COt o o © © © tox o© lo co © to XX mm M|f* © c o <3 a © to© O'CD© O' X O' *4 O' X*4 *4 COCO ©<1 ©CJi© 03 tOt- CO OX © © M © tO •4 to ©M o»x < j© M© CD© ©© M toco#*-© x rf^© © X M© X © X ©XX©© <[ #»•© lo a m ©a © m >T. Its. <1 © -4 00 COCO 00 03 01 to CO© o to CO© coot H M H H tO © JO © © M H‘ 05M©*^ © 0 0 © C D ©-66 < © "4 MCO O' W t0© b«© *4 tf**© #»•m O COto COto ©fej c* 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