The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
.
.
,
pnanrial
mmi^^
Rotation Supplement
Street KailwaySiippIement
(Monoiiy)
nvestor6 Supplement (Quamriy)
ntered according to Act of Consress, In the year 1903, by
VOL.
State and City
William
H.
Dana Company,
SATURDAY, AUGUST
77.
Supplement (^emiAnnuaiip
in the office of Librarian of Congres.s, Waaliinetton, D. C.
NO. 1992.
29, 1903.
11 eeli
(£hxonxclt.
'^Ixe
Clearings at
^iniAnnuaii/)
enUitio
—
1903.
1902.
I lit,.
Aug'nt 22
Ol
1901.
Dec
1900.
PUBLISHED WEEKLY.
Terms
ol
Subscription
—Payable
in
Adrance
or One
or Sii
Year
$10 00
Months
6 00
uropean Subscription (inoluding postage)
13 00
nroptan Subscription Six Months (including postage)
7 50
nnual Subscription in London (including postage)
£2 14s.
IX Months Subscription in London (including postage)
£1 lis.
Above subscription includes—
Bajtk and Quotation Scpplement
street Eailway Supplement
LN^TSTORS' SirpPLEMENT
STATE AND ClTY SUPPLEMENT
Temis
of Advertising'
—Per
Inch Space
$4 20
22 00
29 00
50 00
87 00
\»'IL.1.IAM B. DANA COMPANY, Publishers,
Pine Street, Corner of Pearl Street,
Box
OBt Office
New Haven
1,77:!,039
l,5ll,7.S2
1,394:70
Sprinufleld
1,230,1,89
Portland
Fall Kiver
1,452,243
620,600
1,491,121
1,320 187
1,199,781
NEW VORK.
itiS.
Week Endino Avgust
ew York
1903.
29.
oston
hiladelphia.
88.169,632
altimore
bicago
14.49.3,919
124,650,653
35.718.196
8.407,786
Seven
cities, 5 days....
Total
11
all cities,
cities, 1 day
Total
all cities
P. Cent.
7.223..582
—36-2
—9-0
+11-7
—13-5
+6-3
—3-3
+16-4
§1,063,760,745
253.011,917
for week.
-27-2
+9-9
$1,691,811,321
350,176.418
—22-2
—27-6
§1,574,696,080
5 days.
$1,461,613 903
230.197.418
$1,316,772,662
257.923,418
ther cities, 5 days
.$2,047,987,739
-231
The full details for the week covered by the above will be
iven next Saturday.
cannot furnish them to-dav, clearigs being made up by the clearing houses at noon on Saturay, and hence in the above the last day of the week has to
e in all cases estimated, as we go to press Friday night.
We present below our usual detailed figures for the previous
reek, covering tlie retm-ns for the period ending with Saturay noon. Aug. 22, and the results for the corresponding
reek in 1902, 1901 and 1900 are also given. Contrasted with
tie week of 1902 the total for the whole
country shows a loss
f 11*1 per cent. Outside of New York the increase over 1902
5"1 per cent.
We
>
ew York
Mladelphia....
ittsburah
altimore
ulTalo
•'ashington....,
,
Ibany
ochester
tica.
,.
ranton-.
racuse
ilminston....
ilkes Barre_.
heean;
1902.
$
_
ngham'on
...
•eensbur^
lester
-ie
•anklin. Pa...
rotal Middle.
1.105,338,488 1,375,5.58,456
101,072,498
108,116,.50fi
44,154,989
37,762,998
19,621,369
2.3,884,697
6,639,673
5.700.291
3,564,730
2,81.5,819
3,340,888
2,701,375
1,035,670
1,866,09"
2,565,748
2,155,186
1,432,153
1,2.39,964
1,200,077
1,210,592
1,240,748
954,026
828,845
557,034
628.622
768,883
inc. or
%
—19-6
—5-8
+16-9
—17-8
1
v;,.141i
144,913,038
19,751.900
15.960.800
Columbus
3.610100
3,330,389
2,769,763
1,858,601
1,493,050
3,836,300
3.078,810
2,518.642
1,580,908
1,420,180
1,042,827
600,000
502,835
618,532
+8-9
+4-4
—8-9
+11-6
+16-9
+32-9
-5-9
+8-2
132,156 840
16,378,150
14,661,907
10,658,094
0,143.110
3,503,348
3,027,300
2,133,009
Cleveland
Detroit
Milwaukee
India"apolis
Grand Rapids
Dayton
EvansviUe
Akron
111
Youngstown
Kalamazoo
Lexington
Canton
Rockford
O
San Francisco
Los Angeles
Seattle
Salt Ijake City
Portland
Spok.ana
Tacoroa
Helena
Farao
Sioux Falls
Total Pacific
Kansas City
Minneapolis
Omaha
St.
St.
Paul
Joseph
Denver
Des Moines
Sioux City
Topeka
Davenport
Wjchita
Colorado Springs... „
Fremont
Total other West'rn
St. Louis
New Orleans
Louisville
Houston
Galveston
Richmond.
Savannah.
Memphis
Atlanta
Nashville
Norfolk
Fort Worth.
Birmingham
1900.
964.502.079
671,308,012
127,226,5.58
3l.836,7,S6
19,129,43:3
73.857,4<i0
21.46.5.4,57
14,793,S59
4.455,739
1,430.406
2,019,723
1.342,071
-(-S-7
5,470,570
1,717,771
2.660,409
1,434,362
+19-0
+15-3
l,20i',389
1,027,736
1,024,725
869.429
787,440
809,987
749,017
-I-26-6
+23-7
-0-9
+30-0
-)-48-3
—18-2
—17-3
Macon
Chattanooga
Beaumont
4-16-5
291.500 -f-261
363.781
+9-7
—2-6
379,626
Not include d in to
'ri.6')9 Not Include d in to
l..56rj..326.8:31
1
63«,a
157,840,268
20,015,250
14,542,059
9,001,883
7,647,404
5,834.050
Cincinnati
Augusta
22.
1901.
Dec.
367,600
399,173
369,76
410.827
1,295.499,040
1,
128.941,110
Little Rock.
190.3.
1.2li5.402
+21-1
—208
i-4-4
Knoxville
Week ending August
CUaringi at
+17-3
-6-5
—7-2
130,075,090
New England.
Bloomington
Quincy
Decatur
,118.439,115
86,067,914
78,951,399
16,754.872
117,232,728
36.944.299
7.S.313.163
Lonia
ew Orleans
5,218,200
1,783.129
1,333,071
1,421,811
135 S50,566
Total
Springfield,
1902.
$714,001,396
S.
114,9.37,178
—70
—91
+66
Bedford
Holyoke
The following table, made up by telegraph, etc., indicates
Mansfield
dat the total bank clearings of all the clearing houses of the Jacksonville
Fnited States for the week ending to-day, August 29, have Jackson
Ann Arbor
een $1, 574,696,080, against ^1,866,814,548 last week and
Total Mid. Western
2,047.987,739 the corresponding week last year.
Clearings— lieturns ay 'felearaph.
847.091
+4-6
+ 11-4
—5-8
9. (WO
LoweU
New
Springfield,
CLEARING HOUSE RETURNS.
.
2,0(; 1,894
Worcester
Peoria
:
Messrs. Edwards <fc Smtth, 1 Drapers' Gardens, E. C, will take snbsnptioDS and advertisements, and supply single copies of the paper at Is.
ich.
114,899,602
5,399,000
1.942,241
Chicago
ransient matter per inch si)ace (14 agate lines)
(Two Months
(8 times)
Three Months (13 tunes)
Six Months
(26 tunes)
Twelve Mouths (52 times)
L OKDON A GENTS
120,149,853
6,011,000
Toledo
|
|
Boston
Providence
Hartford
5:19,765
280.100
.398.100
362 891
270,101
277.82G
238,098
tal.
tal.
1.1.59
Jacksonville
Charleston
Total Southern
Total all
Outside New York.
804.205.554
993,79'
629,700
635,625
521,117
606,932
571,851
532,67"
339,980
374,108
291,711
311,570
226,130
182,182
215,049
158,789
64,279
t.")M,7--iO
.•,."i'.l,Ui(i
3
1
8,6.54,752
6,543,217
4,390,56."^
-100
l,305.i>10
-r5-l
1,123,178
824.401
624,000
—4
+4-9
+26-5
15
540,300
401.034
502 984
+20
383, 145
373,272
433,707
323,702
+53-1
+22-8
+4'9
+49-4
+30-4
397,300
296,465
309,192
283,622
252,402
223,015
2.50,981
223,874
197,240
229,810
193,517
184,162
144,369
72,555
27,707,217
4,482,756
3,837,710
2,164,713
2,834,784
1,949,866
1,700,000
440.958
512,575
247,890
4-57-8
—1-6
-5-9
+16-8
+11-4
+7-9
23,566,322
4,163,914
3,505,952
-fl'
4-7-7
-1-7-6
—39
3,5,88,361
20,072,501
10,151,243
6,574,101
5,414,681
4,153,431
4 319,725
651,049
494,637
587,872
123,522
60,007,774
45,282,673
11,829,.347
8,508,963
5,101,239
2,604,500
3,413,492
1,924.597
2,230.308
1,906,591
2,770,779
1.287,309
1,421,972
922,621
1,000,000
522,529
708,557
561,000
725,000
400,000
538,341
750,666
18,932,355
2,521,257
3,318,972
2,002,460
996,006
992,794
538.980
248,831
177,400
18,044,513
1,903,321
2,181,762
1,926,323
1.859,661
1,042,641
1,010,000
487,675
198,887
126,682
33,127,348
28,781,455
17,478,7
11,239,408
5,848,378
4,079,163
4,803,584
15,246,784
9,426,969
5,640,901
4,175,052
3,723,473
3,815,546
972,349
982,891
969,335
838,028
524,009
3,398,^2''
+640
21,719,940
11,548,37!
6.843.037
5,492,413
4,171,080
4,398,504
1,11.5,036
171,183,001
-33-4
45,878,475
215.878
+8-2
+13 8
+4-1
+1-4
+0-4
+1-8
1,465,995
— U-5
1,193,156
838,979
550,936
960,0! 1
154.897
-43-4
-0-8
—6-4
1,501 2U3
1,123.634
699,933
558,707
552,609
161,482
+6-4
—23-5
+4-9
57,195,208
39,467,503 +12-2
+21-9
9,701.301
+1-0
8,488,181
0,140,308
2,874,000
3,850.000
2,799,339
1,722,577
1,804,041
1,527.575
1,360,774
1,342.491
982,496
927,84"
4,'200,l-28
-Hi-6
1,851.89-
1,058,25!)
Not include
40,425,272
39,731,809
28,107,688
5,405,101
6,078.970
2,000,000
2,050,500
8,07 L211
7,871,921
4,340,440
2,860,500
2,806,927
2,171,141
1,930,473
— 16-9
-8-4
— U-4
93,719,838
86,213,743
1,806,814,548 2,099,742.2.38
1,443,62'^
1,4-20,070
1,104,47"
1,155,524
786,581
2,.526,645
2,932,436
1,445,496
l,07S,r33
1,' 20,692
992,660
080,020
717,015
567,657
619,871
539,650
728,000
381,930
-I-6-0
+31-8
+86-6
713,456
373,715
446,000
355,581
289,49(
+6
1
103,875
53,861,036
—31-3
+29-5
+22*5
+81-4
—5-4
+5-9
-6-1
+7-9
69(>,151 —25-0
—12-2
806,368
529,000
550,000
325,000
288,071
439,400
353,214
281,170
373,146
294,684
221,760
223,234
336,068
132,451
210,000
198,234,108
+108
+14-8
41,387,815 +10-9
119,892,679
13,869,100
9,968,951
7,122,097
5,149,827
2,834,479
2,392,000
2,087,255
1,952,871
1,084,457
938,929
714,526
70,066
130,103
130,000
+20-5
+36-7
2,352,251
1,420,326
1,534,38^
661,743
312,081
446,267
249,001
250.504
99,835,372
90.000
161,319
151,896
48.478
+100
218,543,045
884,190
2,152,201
+17-5
—
235,858,855
l,974,52ti
584,488
381,396
207,711
,897.080
5.52,974
179,600
5.59,947
in to tal.
+8-5
78,893,911
58,330,254
—11-1 1,652,342,978 1,208,760.918
761,476,060
724,183,782
+51
687,840,899
537,152,906
20,474,348
14,315,692
3,146,296
1,663,978
2,391,512
1,874,754
1,369,124
23,483,809
15,747,679
—12-4
—9]
15,759,763
10,746,083
3,624. .522
-13-2
+10-3
2,.332,602
12,693,180
7,565,190
2,164 021
1,419,838
Canada—
Montreal
Toronto
Winnipeg
Halifax
Ottawa
Quebec
Vancouver
Hamilton.
St.
John.
London
Victoria
284 805
427,042
508,173
340,279
87,910,964
4,716,100
1,724,798
1,107 492
1,084,845
895,338
Total Canada
1,44 .5. ,564
1,507,589
2,109,238
1,270,912
1,085,508
858,182
1,0;50..505
832,:382
772,541
659,788
700,000
49,164,102
51-885,294
065,43;3
-I-13-4
-1-47-5
-26-2
--68-4
-
26-2
10-4
—0-8
-5-2
1,400,000
1,117,019
998.936
678,935
881,352
955,405
642,684
697,475
519,008
689,364
34,433,698
26,827,157
THE CHRONICLE
420
usual
THE FINANCIAL SITUATION.
to
of
classes
LXXVII.
[Vol.
payments slmnltaneouBly
begin
Furthermore,
stock.
the
on two
full
7
per
Oar stock market has for the time being taken on
a mere stable and lees nervous aspect than it wore a
few weeks ago. There is, though, itlU evident a lack
of assurance in the future of industrial affairs. That
cent
on
once
instead
due not alone to trade
or crop conditions, nor even to the monetary dis
criminations as they exist to-day alljof which have a
temporary element of uncertainty about them bat
largely to the fact that investors have lost confidence
In their own judgment and the judgment of others as
Ootober 16. The company is controlled by the
Canadian Pac'fic Hallway, which owns a little over
half the total of common and preferred stocks outstanding.
The shares held by outsiders, however,
have been actively d ealt in on the Stock Exchange
for a long time, and within the last eighteen months
to the course of future events, because of the recent incorrect forecasts as to the extreme limit of the declines
have made very substantial advances.
state
is
quite reasonable.
It is
—
—
which subsequent develop
ments proved were possible. There Is consequently a
T«gue fear of a potent agency working against values
which has not yet been fully disclosed or explained.
A thought of the return of the situation prevalent a
few weeks since or of a situation even worse is encouraged by this fear and keeps the public mind in a
highly secsitlve state; hence an attacking party can
on the most idle of rumors easily depress the market
after any rise in values until perhaps the sales develop a scarcity in stocks afloat^ and then the sellers,
with a few of the more hopeful investors, turn to buy
Ing, and the market again advances.
That represents about the coursej of Wall Street
No new development of
affairs the current week.
moment in trade or crops or in the monetary sltna
In making that statement we
tion has occurred.
it is especially difficult this season to
should add that
sift and get at the truth the reports contain respecting
our staple products. There is so much of speculation
mixed up in current transactions, and consequently
in Stock
Exchange
prices
stalments.
the
preferred
of
In
Common
shares
quarterly
or
stockholders
is
made
was
— that
is,
The common
mcved up from 36^ January 1900
November 1902;
The preferred
58.
the closing sale yesterday
to 81 in
January 1902
at
semi-annual Insimultaneously
are to receive % per cent on the same date
stock for instance
all
to 139
stock moved up from 90
September 1902 and closed yes-
terday at 129.
The
road's earnings have been growing very rapidly,
particularly during the last
enjoying
marked
two years, and
prosperity.
The
it
has been
dividends
are
stated to be out of the Income of the calendar year
The company's fiscal year, however, ends on
Jane 30. The report for 1902-3 is not yet available,
1902.
even
on
the basis of the preceding fiscal
year, that is the twelve months ending June 30
1902, the dividends now paid would have been
fully warranted.
For that year the surplus above
expenses and charges was reported $1,586,501. Out
but
was appropriated for purchase of new
equipment and for cost of improvements, leaving a
remainder of $1;286,601.
The 7 per cent dividend on
the $7,000,000 of preferred stock would call for $490,000, which, deducted, gives $796,501 for the $14,000,000 of common stock, equal to over 5^ per cent on
bias, that even an ordinarily truthfal the same.
These figures, as already stated, are for
so much of
man is in danger of letting his self-interest twist the year ended Jane 30 1902. The showing for 1903
recognizable shape what
he sees and seems likely to be still better. For we know from
out of
If one were to
believe the
worst that the monthly returns of gross and net earnings
hears.
this week with reference to the cotton that gross for these twelve months increased fully
has been said
plant, half a crop would be a large estimate of the a million dollars over the preceding twelve months
prospective yield ; on the other hand if the favor- and net earnings Increased $236,582. In a statement
able reports were accepted and the unfavorable to the New Yoik Stock Exchange the company says
excluded, the development made could hardly be that beginning with $660,880 surplus on hand Jane
The known facts as to cotton are, (1) that 30 1900, the amount up to June 30 1903 had been inbetter.
we have passed throusch July and August without a creased to $4,239,762; deducting $289,022 for Imdrought anywhere; (2) that the crop as to maturity provements on constructed lines left a net surplus of
$3,960,730; advances for construction on new lines
is still very backward ; (3) if we except the boll-worm
and toll-weevil the latter of which is as yet a factor and for new equipment (pending the issue of bonds)
there is at took $1,923,027. It is also stated that actual cash
of uncertain force as a destructive agent
—
moment
of this $300,000
—
June 30
1903, after payment of fixed charges,
little but excessive rains in some
consequent luxuriant growth of leaf were $1,893,626, and that other current assets er
to the detriment of fruit, about which complaints are ceeded current liabilities In amount of $530,708.
made ; and (4) that hot weather, such as has prevailed
We have often directed attention to the marvelous
in most sections In August, and a late frost were
never more needed than they are this season; and if grcwth which has occurred within recent years in the
The fact should not
those conditions are secured, a pretty full crop would trust companies of this State.
be overlooked that the neighbouring State, New
seem to be a fair conclusion.
Jersey, is establishing much the same kind of a record
Shareholders of the Minneapolis St. Paul & Sanlt for Itself. By this we do not mean that the aggreSte. Marie Railway received a surprise this week in gates have attained the size of those in this State,
the announcement that dividends were to be begun on but that considering the small basis from which the
both classes of shares. Of course the fact was well start was made the growth has been proportionately
known that the company's earnings were such as to even more rapid than in this State. The matter
by the appearance of the
fully warrant a distribution, but dividends have been is brought to mind
delayed so much longer than expected that it had be- half-yearly statement of the New Jersey companies
come almost a settled belief that there were to be brought down to June 30 1903. The number of Innone. The company has not previously paid any- stitutions covered by the return is reported^as^67.
thing on either class of shares, and it is rather nn- This is an Increase of two since the first of the year
the
very
sections, with a
assets
I
August
THE CHRONICLE.
29, 1908.]
and compares with only 34 companies on January
1
of last year, showing an addltlan daring the eighteen
months of 23 to the number of such Institutions.
Aj^gregate resources of these New Jersey trust com-
panies
sum of $133,468,963. On
corresponding Item was only $113,the
now reach
January
1 last
the large
previous January
was $74,001,865,
and as recently as January 1898 the amount was only
$26,269,730, there being at that time but 23 institutions, lu other words, in the period of five and a-half
years the number of New Jersey trust companies has
risen from 23 to 57, and their resources from no more
392,760.
The
$-i6,259,730
than
to
It
$133,468,963.
Even
deposits
itand close to 100 million dollars (being $97,443,928),
and if the amount due to banks and other trust com
added, the total runs considerably
above 100 million dollars. The capital stock paid in
1b $11,676,000, where on January 1 1898 It was but $2,Surplus and profits amount to $17,662,602;
435,000.
January 1 1898 the amount was no more than $1,546,panies ($3,882,022)
We
446.
is
fiad, too, that
the Jersey trust companies
on June 30 1903 reported $2,216,786 of actual cash on
hand. This is not a very large item by itself, but it
shows one of the ways in which sums of money are
being held outside of our
own Clearing House
insti-
tntions.
421
companies loaned at 2 per cent as the mimlmum.
loans were firm early in the week and though
later there was an easier tone to the market, rates
were not materially changed; the offerings were largely
of sixty to ninety-day contracts by foreign bankers
and in a few oases loans were placed for six months by
trust companies on choice collateral at concessions
from those ruling for mixed security. Quotations on
ordinary Stock Exchange collateral were 5@5i per
trust
Time
cent for sixty* to ninety days, 5 J per cent for four
per
cent
for six months.
months and 5^ (^6
Commercial
paper
firm
at
6
were
per
sixty
ninety- day
endorsed bills
cent
for
to
receivable, 6(^6^ per cent for prime and 6^(^7
per cent for good four to six months single names*
There appears to be very little paper offering on the
market, merchants, as has been heretofore noted, re*
Brokers are of
sorting to their banks for discounts.
the opinion that there has been much less borrowing
by mercantile houses this season than formerly, be*
cause of prompt collections, and there is little pressure of notes upon the market, indicating that what'
ever accomodation is needed is extended by the commercial banks. One feature this week was the purchase of choice grades of paper maturing in November by some of the foreign exchange houses, who
rates
negotiated the transactions through sterling
There was no change in
any of the Earopean banks
official rates of
discount by
week, and open market
or unoffioial rates were firm at the chief centres. The
foreign security markets continue to be nninfiuenced
by the situation in Macedonia. The striking feature of
the statement of the New York Associated Binks last
week was the Increase of $9,599,300 in loans; the
greater part of this was recorded by one o£ the larger
down-town banks, due, it was reported, to the loaning
of deposits made with the bank by a trust company.
The cash reserve of the banks increased $2,106,400
net and the deposits were augmented $10,446,700.
The reqilred reserve was increased through the
higher deposits by $2,611,675, and consequently
the surplus reserve
was reduced $595,275, to
$21,068,300.
Calculated upon the basis
of deposits, lesi those of $37,271,000 public funds, the
surplus is $30,376,050.
The bank statement of
this week should
reflect
the receipt of
$917,000 Assay Office checks, representing Klondike gold
which was deposited at Seattle, AVash,, and also the
transfer of $140,000 gold hither from San Fraacloco
and a transfer of $200,000 hence to New Orleans early
in the week.
It is
this
reported from Washington that in case the
money market conditions
shall
become such
require relief from the Treasury, Secretary
as
Siaw
to
will
place in the depository banks the accumulations of
revenue collections, which have been set
apart irom other funds since the beginning of the
Internal
fiscal year, amounting to $38,458,641, and divert into
the banks such addlcional collections as will make the
Increase in such
This
course has, however, not been positively decided upon,
but the Secretary is said to be willing to adopt it if it
total
shall
deposits
$40,000,000.
become necessary.
Money on
call, representing bankers' balances, has
loaned at the Stock Exchange during the week at 2
per cent and at 1^ per cent, averaging If per cent,
and the rates each day were at these extremes, while
the bulk of the-business was at If per cent. Banks and
rates
at
bills
somewhat lower than those ruling
and
in the
market.
England minimum rate of discount remains unchanged at 3 per cent. The cable reports
dtscnunts of sixty to ninety-day bank bills in London
per cent. The open market rate at Paris is 2f
(^2^ per cent, and at Berlin and Frankfort it is 3^ per
cent.
According to our special cable from Lmdon
the Bank of England gained £363,750 bullion during
the week and held £36,101,547 at the close of the
week. Our correspondent further advises us that the
gain was due to imports of £42,000, of which £32,000
from the Cape and £10,000 from other countries, to
exports of £150,000, of which £100,000 to Egypt,
£40,000 to Bucharest and £10,000 to other countries,
and to receipts of £472,000 net from the interior of
The Bank
of
H®H
Great Britain.
There were quite notable fluctuations in tae foreign
exchange market during the week, resulting in a decided reversal of conditions from strength to weakness.
The firm tone for sterling at the close of the
market
last
week continued to prevail until Tuesday,
inflaenced by a
for
demand
to remit for securities
sold
European account in the previous week, and also
This movement carried
rates to figures which made it advantageous to draw
finance bills, and these drafts were freely offered on
Wednesday and thereafter, resulting in a sharp decline in the market by Thursday to the rates ruling
on Saturday of last week. The tone then became
a shade steadier, though without any material change
in quotations.
Some bankers' bills were drawn
against securities which were bought for Earopean
account, and a few drafts were made against .'purchases of commercial paper; but the principal offerings were finance bills which it Is expected will be
profitably covered as
they mature.
Commercial
drafts continue scarce and it is thought that fetv of
to cover
short contracts.
those against cotton will
come upon the market
be-
fore the middle of Ootobar; bills for delivery in that
.
.
.
.
,
THE CHRONICLE.
422
not pleatlfal aud they command good
Though grain Is moving fraaiy, the supply of
month
:ire
prices.
The
la only moderate.
Assay OSBce paid $850,761 70 for domestic bullion.
Qold received at the Custom House during the week,
[Vol. LXXVII.
With the Sub-Treasury operations the
result
is
as
follows.
drafts against these exparts
$57,836.
Nominal
quotations
exchange
sterling
for
are
84@4 84i for sixty day and 4 86i®4 87 for sight.
Oa Siturdiy of last waelc the mirkat was active and
Week ending Augtut
23, 1003.
Banks Interior movement, as above
Sub-Treasnry operations
Total gold and legal tenders
Out of
Into
Banks.
Banks.
«5.109.000
lo.ajo.ooo
$4,000,000
124.309,000
128,700,000
18,700,000
Ifet
Change in
Bank Holdings,
Gain. (1,109,000
Gain.
600,000
Gain.
1,009.000
4
higher and rates for actual business advanced 15
points for long, compared with those at the close on
the previous day, to 4
8340@4
8350, short rose 5 points,
COTTON CORNER— ITS NATURE AND
INFLUENCE.
A
question of morals and of legitimate business
enterprise has been raised this week by the continued
8690@4 86 and cables 10 points, to4 8635@4 8650.
On Monday the tone was strong with long 10 points serious effects of the corner in cotton on the price of
that staple and on the spinning industry of the world.
higher, at 4 8350® 4 8360, short 25 points better, at
In our view nothing can be said that will justify the
4 8615@4 8625 and cables rose 15 points, to 4 8650@
to 4
On Tuesday
4 8665.
long
fell
the tone was a shade easier and
5 points, to 4
8345@4
8360, short 5 points, to
''squeeze" which has been in progress during the
greater portion of the current season, growing in Intensity as the months have passed.
Without follow-
8610@4 8620 and cables 5 points, to 4 8650@4 8660.
The market was weak on Wednesday, influenced by ing
4
and long
20 points, to
4 8325(^4 8340, short 16 points, to 4 8595(^4 8605 and
The tone was
cables 26 points to 4 8625@4 8640.
steadier on Thursday, with long and cables unchanged
offerings of finance
bills,
fell
The
and short 5 points lower, at 4 8590@4 80.
points lower
market was dull on Friday, with long 16
and short 10 points and cables 5 points higher. There
was only a slight alteration in rates for marks and
guilders during the week and the fluctuations in
francs were within a narrow range.
The following shows daily posted rates for sterling
exchange by some of the leading drawers.
no.,
dug.
484
86M
(60 days 484
B«rlnff,
HacouiACo.. tSlfflit.. 4 80M
Bank BrlU«)t
(60 dan 484
No. Amenoa. {Slsht.. 4 8eK
4 84
Bank of
5 60 days
60 days
iSlRht..
Brown Broi
5
Montreal
iSUht..
Canadian Bank < 60 days
4
4B6)i
484
of Commerce. JSljfht.. 4 86^
Heldelbaeb.Iok j 60 dari 484
k Co.
•Ikelmer
Lacard Frerei
.
iSlRht..
(eodara
(SiKht..
Mom..
SI. .4U0. 24.
4 8ei4
4 84
4 0flH
MerokanU' Bk. 60 days 484
iSisht.. 4 88«
Of Canada
(
Tubs.. WTO., THT7B., FBI..
AU0. 26. Avg. 80. Aug. 27. Axtg. 28
66X
88H
8«H
88J<
84
84
84
84
86X
86^
sex
9e«
84
84
84
84
84
H^
84
e6}4
84
86^
88J4
8e«
84
84
84
8e«
86«
eex
84
84
84
84
84
88H
86«
BOH
8««
8««
8«
84
86}<
84
84
84
86H
84«
86«
84^
87
87
i?«
86^
84»
84
mi
86^
8iH
87
87
amount
27. 1908.
£
£
Attouit 28, 1902.
81,247.000
lotoL
Gold.
Silver.
lotal.
£
£
£
£
36,101,547
102.246,886 44.869.688
86,118,000 12,689.000
Q«nnan7
37.928,188
14,231,000 19,560,000
16.106,000 2,085.200
87.928,188
147,106,473 104,996,867 44,901,914 149,898.271
48,801,000 87,623,000 13.918,000 61,539,000
90,023,000 74.661.000 8.920,000 83,481,000
68.267,000 45,142,000 12,569,000 67,710,000
Bnaala
Aos.-Uang'y
Spain
46.4'J8.000 12,83U000
14.624.000 20,145.000
34,769.000
Italy
19.196.000
2,808300
21,494.800
8.942.600
6,191,000
10.433.500
4,741,800
8.940.667
1.470,388
4.411,000
8,170,667
Netherlands
Nat.Bels'm..
8.778,000
Toutbla week 341.880,599 109567721
Tot,preT. w'k 340.484.786 109812609
The following
6,681.600
1,685.838
38,791,000
18,190,200
11,373.400
4,766.000
*61,407,8iiO 388,498,962 110168047 418,667.009
449.6i<7,896 336,490,180 10976B711 446,254,891
gives the week's movement of money
by the New York banks.
and from the
Interior
Wuh
to
of bullion
of
36.101.547
28, 1908.
endimi Awrutt
BteHvedby
BhAweAbv
N. r. Bamlc. y.Y.Banki.
Ovrrenoy
Gold.
Total ROld and legal tenders
sacrifices in the effort to
condemned by the moral
meet
this necessity, stands
There is only one plea
of any plausibility, so far as we have seen, which has
been used to palliate the act in this case, and that is
that the purchasers of cotton stand between the producer and the consumer; that the sellers of the commodity In question are all the time trying to
break the market, and so deprive the planter of a
good part of the actual worth of the commodity he
has spent his year In raising, and the people who are
law.
which he would otherwise lose.
do not propose to answer this claim by showing
that even-handed justice could not in any degree be
the result of a corner and that the undertaking in
profit,
We
84
8ej<
86K
following table Indicates the
in the principal European banks.
Bnglaad
Franc*
combination for the purchase of the marketable supply of a commodity with
the purpose of forcing other parties, who must have
the article, to suffer great losses and make serious
mate
87
S4
The
Stiver.
it is
engineering this corner are saving for him his legiti-
84^
87
84
,
Gold.
of the discussion,
87
84
84»
87
84
.
AfMnut
side
84^
B4H
The market closed at 4 8310^4 8326 for long,
4 86@4 8610 for short and 4 8630@4 8645 for cables.
Commercial on banks 4 82j@4 83 and documents
for payment 4 8ai@4 83f Cotton for payment 4 82i
^4 82f cotton for acceptance 4 82|@4 83, and grain
for payment 4 83i@4 83|
Bank
in detail the ethical
sufficient to say that every
Net Interior
MovtnieHt.
$4,816,000
804.000
•8,876,000
624,000
Gain.
Gain.
t889,000
270,000
16.100,000
14,000,000
Gain.
1,109,000
is not a charitable work in behalf of the
but a selfish method the combination has
adopted for its own aggrandizement a plan for getting rich or adding to
riches quickly.
That
branch of the subject we, however, pass to-day ; the
reply we desire to make only relates to the producers'
interests, and those we believe can not be served,
but will be materially harmed, by the work of
the combination. Of course it is evident that the
body of producers of the old crop could have gained
little or nothing from the corner, as the pressure required to secure its object could not be exercised
until the crop was nearly marketed, when the planters
had parted with their product. It is the producers
of the crop now growing that are to be benefited
if any considerable advantage is gained. We are aware
that many in the South look upon the transaction favorably, assuming It will produce higher values for
That conclusion
the staple during the coming year.
Is against the natural order of events.
If the current
year's crop is a short one, prices would of course, as .a
necessary consequence of that fact, even had there
been no corner, rule high. But granting the yield is
normal on the acreage planted, and the new supply of
the staple is thus not inadequate to meet a normal
demand, the average return the producers will get for
their crop cannot fail to be less than It would have
been had no artificial demand deranged values.
This conclusion Is for several reasons evident. The
high price for the raw material has everywhere
question
planter,
—
August
THE OHKONICLE.
29, 1903.]
checked the manufacture
of
goods, and hence the
diminished ail
over the world. To just the extent this has been
done that Is, to the extent the buying of cotton by
spinners has been checked by the corner there will
be a left-over stock of the old crop to be added to, and
therefore marketed with the new supply which the com
Ing season produces.Other conditions being unchanged,
this feature would of Itself necessarily reduce price.
A fact also to be considered in connection with the
foregoing is the circumstance that cotton manufacture in all parts of the world having been deranged
and checked, the rapid consumption of the staple and
the rapid distribution of goods made from it, having
been arrested, cannot in the nature of such affairs,
even when the strain to get cotton is over, be resumed
spinners'
demand
for cotton has been
—
—
once at the rate of progress when interrupted.
The truth of that statement may be better seen when
one considers the cause of the stoppage. Mills suspended work because they could not make consumers,
even in the United States although In other branches
of trade prosperity has been uninterrupted pay the
higher cost of production. Moreover, In all countries, especially in India, China and the like, consumption of cotton goods always increases and decreases according to the price of the raw material.
With the staple at 9 cents, a smaller digtribution of
goods is always to be expected than|at 6 cents. More*
over, with a partial stop put to the takings by the
mills and a period of economizing in the use of
goods entered upon by the people, not only lower
cotton but a certain length of time during which
the lower values prevail are elements in the recovery of the former freer consumption.
Nor are these the only unfavorable influences of an
abnormal price for American cotton which the corner
seeks to induce. It will operate in several other ways
so as to enlarge the supply, and this is a change which
in some particulars may be more or less permanent.
Of course the abnormal values in the United States
add to the market price of all sorts of cotton,
at
—
—
423
experiments proves nothing of moment appliThe commercial world
cable to the industry to-day.
has widened since India failed to respond to such
of those
It is well enough also to remember that the
time was when the wheat-grower talked in the same
At all events the higher price
strain of Indifference.
which has ruled so long Is pretty certain to give spinners the next two years from all the old sources of
supply as much cotton as the available acreage and
the weather conditions can produce.
The foregoing details are not new, but they express
labors.
and explain the truth, and repetition seems necessary,
as the judgment of so many is under bondage
to the belief that values once up means always up.
The controlling fact, on the contrary, is that cotton
goods are a cheap fabric, and the large consumption is in good part due to that circumstance.
Raise the price of labor unduly, then raise the price
of the staple correspondingly, and the condition
which finds a use for the world's enlarged supply of
the cotton staple and calls for a farther increase is
reversed.
In the light of such a basis for the fullest
development of this great Industry, it will be hard to
wrest any beneficent influence out of the present cotton corner.
FEATURES OF THE CROP SITUATION,
There are certain peculiarities In the situation of the
grain cropa the present year which should not be overlooked by those nndertaking to estimate the probable
extent of the harvests.
if
These
peculiarities, moreover,
borne in mind, will serve to explain certain appar-
ently conflicting statements which otherwise
it
would
Our remarks have particular
wheat and corn. The wheat crop has
be hard to reconcile.
reference to
—
been in large part harvested almost entirely so far as
the winter variety is concerned and to a great extent
even in the case of the spring variety but as to the
corn crop, much will depend upon future conditions.
This latter crop, over a large portion of the country, was late in starting on account of excessive rains
and BO stimulate production of cotton in every coun- and other drawbacks, and ever since it has been
try that raises or can rais^ that staple.
One way this planted there has been an almost continuous lack of
result is secured is that the higher price brings a good the warm weather so much needed in ripening this
deal more land within reach of a market.
That is an grain. The crop, therefore, is several weeks late, and
evident result. Indeed, it is always found that in such frost must hold off much longer than usual if the
countries as India when the price goes up unexpectedly whole of the crop is to be brought to maturity. Forthe world's supply from even the current India crop tunately, within the last few days we have had some of
is larger than estimated, cotton having reached a the hot weather so much needed.
Bearing on that
market which In a lower condition of values it would point we notice that the Weather Bureau at Washnot have paid the producer to ship. But a more per- ington, in its weekly summary issued on Tuesday,
manent influence is possible through an enlarged stated that the corn crop as a whole had made favoracreage which the advance encourages, and also able progress during the preceding seven days,
through the efforts making by European spinners to especially over the central and western portions of
increase the world's supply by enlarging the facilities the corn belt, the most decided advance being renot only in countries which already contribute to the ported from Nebraska and Kansas. The Bureau also
world's product, but In securing new sources of pro- stated that its reports indicate that early corn will be
duction. Oar readers know what has been recently safe from frost by September 16 to October 1, and
and is being done in that way in Egypt. Experiments late corn from October 1 to October 15. Of course,
are likewise making in South Africa, and reports say no one would venture the assertion that premature
with good promise of favorable results; if they really frosts are not within the range of probabilities. Still,
succeed, English spinners stand ready to embark their as the weather has thus far been exceptionally cool, it
capital to any amount necessary in the scheme.
would appear from the law of averages that the chance
This latter procedure may be looked upon as a re- of such a visitation was rather smaller than usual.
mote contingency so remote as not to be heeded.
It is not, however, this feature of late maturity (a
Our producers of cotton have been made callous distinction that the growing cotton crop shares with the
to any danger from new sources of supply, because corn crop) to which we desire to make special referpast expenditures in that interest have failed to raise ence.
The lateness of the crop is quite generally
up a rival to the American cotton grower. The failure known everywhere^ and proper emphasis has been
—
—
THE CHRONICLE.
424
given 10 that point In
There
private.
not so widely
Is
public and
the reports,
all
one other circumstance which
known
is
much
very
better
Some
in parts of the corn districts than In others.
States
indicate
We
or so generally recognized.
refer to the fact that the ontlook
quite
favorable
is
prospects, though
others are certain to experience a falling
In
pro
IVOL. LXXVII.
tbe Agricultural Bareau at Washington, in its report
for the first of August, gave the estimated yield per
acre for Indiana only 100 bushels as against 15*0
bushels last year; for Ohio, 13 7 bushels per acre
as against 16 bushels; for Nebraska, 16 4 bushels as
against 22-0 bushels,
against
and
18 2 last year.
for Missouri, 8 1 bushels as
We
difference arises out of the vagaries of
have several times expressed the opinion in these columns that the total
the season and the unusual character of the weather,
which proved more detrimental in one place than
winter-wheat crop in the United States the present
season was certain to ba larger than the yield of last
The
duction.
another.
The
contrast with last year
Is
o£E
made
all
the
more striking because in 1902 conditions generally
were almost phenomenally good nearly all over the
country,
leading
to
an
extraordinary
yield
that
season.
'
Still,
even
last
season there were some exceptions
to this rule of favorable results, particularly in the
been forgotten.
—
a
fact
year pretty generally record
condition.
cas*^
which seems to have
These Southern States the present
of the Southern States
much
higher averages
of
It follows that the gain in these cases will
serve as an offset co the losses which
may be
incurred
How,
year.
It
will be asked, is this
statement com-
patible with the low averages of yield in the States
jast cited?
In reply it should be stated that in the
there are 4^ million acres more under
wheat this season than the area harvested last season,
iud in the second place that the yield In a number of
States contiguous to those mentioned above is much
first
place
and higher than it was last year.
The latter remark applies particularly to the Southwest.
Thus, for Texas the estimated yield of wheat
better
per acre this season
bushels; for
is
13*4
Oklahoma
bushels as against only 9
14*6 bushels against 11 6;
and
Texas furnishes a notable Instance of this for Kansas 14 bushels as against only 87 bushels per
kind. If we take the Washiagton figures for compari- acre in 1902.
The difference in the last- mentioned
find that the average of condition for corn State, namely Kansas, is particularly striking and imson we
The Kansas Board of Agriculture places
In that State on August 1 1902 was reported only 38. portant.
The present year the average on the same date was as the Kansas yield even larger than does the National
high as 95. As Texas last year raised, roughly, 45 Agrlcaltural Bureau, reporting the product as 15*2
million bushels of corn, in spite of its very low aver- bushels per acre, which would give a total crop for the
age of condition, the much higher average the present State of 90,270,000 bushels, or just about double
he State's
production
year evidently means a considerable increase in the
last
year as then reported from Washington.
slza of the crop of that State.
This would
make a
larger total even than
Similarly we find that for Alabama, where the coD'
that of two years ago,
dition last year in August was 53, the average the which was estimated by the State Board of Agripresent year is 96; for Mississippi, where it was 55, it calture at 90,045,514 bushels, though the Washlng'on Bureau placed the yield then at 99 million bushis now 92; for Louisiana, where it was 63, it is 96;
els. Neither fig are has ever been surpassed by any other
for Tennessee, where It was 78, it is 85, and for
Georgia, where it was 76, it is 88. Of course these State. The State B)ard points out that in the three
Southern States do not rank with the larger corn- years 1900, 1901 and 1903 (that is, excluding 1902,
producing States of the Central Belt, and yet the^ which was a poor year), Kansas has raised winter wheat
The yield aggregating (according to its figures) a total of 257
raise considerable corn in the aggregate.
Western Kansas seems to have been
in the five Southern States enumerated, exclusive of million bushels.
Texas, was in 1902 172,842,281 bushels. That the particularly favored. The Kansas City "Star" says that
aggregate the present season for these States will be what is called the Seventh District raised 42 million
very much larger follows from the much higher aver- out of the 90 million bushels produced altogether
ages of condition already cited. la the great corn belt In 1903. At 60 cents a bushel, which seems to be the
average price in Kansas at present, the 90 million
of the Middle West, comprising say Ohio, Indiana
Illinoii, Iowa, Missouri, Kansas and Nebraska, the aver- bushels would represent ^ money value of 54 million
The Texas papers speak in an equally enages the present season on August 1, according to the dollars.
Washington returns, varied from 67 to 75, as against couraging way of the wheat yield in their State, the
averages running from 91 to 103 on the first of estimates of the Texas wheat crop running all the
August last year. A material reduction from the ex- way from 16 million bushels up to 20 to 25 million
ceptional yield of last season in this section of tht^ bushels, which compares with an actual production
country hence seems inevitable, even if a prematarr^ In Texas last year of only 8,633,277 bushels.
The situation, then, is that the Southwest will have
frost should not damage a large portion of the crop. But.
as jast shown, partial compensation for the loss here a very much larger aggregate of wheat, but that on
will be found In the better results and improved yield tbe other hand the Middle Western States, like Ohio,
The general belief still Indiana and Illinois, have fared poor and will have a
In the Sauth and Southwest.
(vheat yield smaller than the average. The conclusion
yield for th*
is that, barring premature frost, the
stands, however, that the total winter-wheat crop will
United S'.ates as a whole, while perhaps 300 to 400
This is the result even on the
million bushels below the extraordinary yield of last be above that for 1902.
season, will be of average proportions, and run above oasis of the figures furnished by the Washington
Bareau, which make the average of winter wheat for
2,000 million bushels.
In the case of wheat the distinctions between the the whole United States 12*4 bushels per acre, as
For on that basis the total
different parts of the country are still more marked. against 13*8 bushels.
For instance we see by press dispatches that the State winter-wheat crop, after allowing for the 4^ million
Board of Agriculture of Illinois has jast estimated additional acres under wheat, works out some 20
the wheat crop of that State at;i6,118,000 bushels, or million bushels in excess of that of 1902. With this
only about one-half the yield of last year. Moreover increase In the winter-wheat yield there can be, of
elsewhere.
I
AuGtrST
THE CHRONICLE.
29, 1903.1
coQTBe, a loss in spring wheat of equal amonnt, becanse of the poorer condition figures on that crop,
and even then the combined yield of winter and
spring wheat would be equal to the total crop of last
year— a crop which, while 78
million bushels
less
425
and now shares with England a reundesired and unsought by ourselves,,
world-politics,
sponsibility,
for the peace of the world.
And
there was In Lord Salisbury, as there
is
in Sec-
which
In each there has been
retary Hay, a quality of honesty In public life
than the extraordinary yield of 1901, ranks as one of it is a pleasure to recognize.
no admission of the old saying that language is given
the very best crops on record.
Whatever the International
to conceal thought.
policy of either country.
LORD SALISBURY.
Lord Salisbury last Saturday removes
to be abandoned
a most interesting and picturesque figure. Character
The death
It is
discoverable in
its
ac-
tions and fairly to be trusted from its declarations.
The assurances and demands of either are not made
of
;
its
word
is
given to be kept.
As
to courage, conservatism and honesty. Lord Salishe was also bury represented modern diplomacy at its best, and
as shown
attractive as a type of English perpetuity, so to speak, nothing worthier can be said of him as he passes Into
which has not, as yet, any parallel in the United history.
While agreeing with Tennyson's ballad in deStates.
EARNINGS
RAILROAD GROSS A ND
claring that the original pair, bending down from the
FOR THE HALF-YEAR.
sky, "smile at the claims of long descent,'' it is Imisterically
English, even In
his
especially in his later
personal appearance,
portraits,
NET
and the
clear
opportunities and obligations of a long family
line,
possible not to recognize the quasi
title
The summaries we have published from month to
month the present year had made it pretty evident
Lord Salisbury In large that net earnings on the railroads of this country were
measure, for he was a direct descendant, in the tenth not gaining in proportion to the Improvement in gross
generation, from Lord Burleigh, the famous Minister revenues.
The showing as to the net, therefore. In
name, if It had no other the exhibit for the half-year which we present in
of Qneen Elizabeth, whose
reason for remembrance, might survive in a curious extensive compilations to-day can hence be no surpunning epigram, attributed to her, about him begin- prise it merely bears out anticipations. The increase
ning, **ye be burly, my Lord of Burleigh."
in gross earnings is found to be of striking proporMinister of Victoria, whose ancestor held tions, while the addition to net is comparatively modThis Prime
indeed, would be very small except
that relation to Elizabeth three centuries ago, died erate in amount
where he was born and had lived, but cot as his that one group of roads, for a reason peculiar to Itself
original position by birth indicated, for he had the as we shall presently show, was especially favored In
prospects of a younger son, and although patrician to the particular in question.
the backbone earned his own living when young,
On the roads contributing returns to our tables the
partly because then somewhat In disfavor with his Increase in gross earnings for the six months reaches
father.
He had the mental power and the equipment $90,232,528. Bat this was accompanied by an augthorough education to do this, and he did It well.
mentation in expenses in the large sum of $70,465,of
In 1870 it was written of him that while It is rare 298, leaving a gain in net of only $19,767,230. That
to find a peer who inherits his rank and has known even this much improvement should have been estabwhat working for support is, perhaps not more than lished in the net is noteworthy considering how many
one of whom this Is true was then living Lord and how varied have been the factors tending to inSalisbury could feel ''that circumstances cannot ruin crease the operating cost of the railroads. Perhaps
him ;" though a revolution should sweep away estates the most Important element in the augmentation in
and even the House of Lords, ''his abilities as a pop- expenses was the higher wages so generally paid.
ular writer will earn him his living as they did be
Another factor of the same kind was the enhanced
and these certainly
fell
to
—
—
—
fore."
He
has
now
died, just a half-century
after
prices of a great majority of the different items enter-
member of
the House ing into operating accounts, particularly materials
view of the and supplies, and also fuel.
of
later discussions of economic policy in Great Britain,
As it happens, however, the anthracite coal roads
to recall that he then publicly said to his constituents really played an unusually prominent part In making
that he did not appear as a protectionist, because the showing as to net greatly more favorable than It
that party was at an end; that he had hoped the coun- otherwise would have been.
These roads during the
try would retrace Its steps from the policy of Sir six months of 1903 turned out and shipped extraordiKobert Peel, but saw the country must accept free nary amounts of coal to make up for the deficiency in
trade.
supplies occasioned by the miners' strike of 1902, and
Beginning with Indian affairs in 1866, he did not which lasted from May 12 to October 23. Higher
leave public life until the conclusion of the late prices for coal were obtained as partial compensation
His administration of for the increase in the miners' wages which ware the
struggle In South Africa.
foreign affairs was conducted with prudence, caution outcome of the strike, and this made transportaand in the characteristically English way of olrcum- tion charges to some extent higher, since such
ipection over the entire world, counting B a gland and charges are in most cases based upon the price of
her Interests as centre. We Americans should think coal. Furthermore In 1902, during the pendency of
kindly of him, at least for his conciliatory attitude in the strike, while gross revenues were being so seriousthe Venezuelan affair in 1896 ; and indeed we cannot ly decreased, the companies did not fiad it possible to
As a reforget that during his career the two countries have reduce expenses in a corresponding degree.
been drawing together In the sense of kindred Interests, sult these roads last year suffered a heavy redaction
and a friendly, informal alliance. It is a fact, to be of their net earnings, and to that extent the gains In
recognlKed somewhat reluctantly rather than afl&rmed net the present year do not really constitute aa inhis entrance into public life as a
Commons, and
boastfully,
it
Is
Interesting,
in
that this country has been drawn into
crease,
but mark merely a recovery of what was
lost
THE OHBONICLE.
426
The anthraoite
last year.
coal group recorded a quite
decided decrease at that time, and the decreaso,
moreover, extended to gross and net alike being $2,100,832 in the former and 13,188,996 (nearly 22 per
per cent) in the case of the net. Tbe present year
this same anthracite group records an increase of
112,619,169 in gross and an Increase of $8,906,676
(over 76 per cent) in the net.
The reasoas governing the Improvement in the antracite roads having been so exceptional, it will be interesting to see what the result would be with that
group eliminated entirely from the totals. Reducing
the increase in gross receipts by $12,619,169 and the
Increase in net by 18,906,676, we get for the remaining roads an increase of $77,613,359, with an addition
to net of only $10,880,564.
The showing In that way
gives a better idea of the prominent part played by increased operating expenses in the affairs of the roads.
Gross receipts moved up in a very satisfactory manner,
—
as
evident
is
from
the
addition
of
same, but owing to the great
increase in expenses only about lOf million dollars
lion
dollars
to
the
—
was saved for the net hardly sufficient, we should
judge, to pay a fair return on the new capital expenditures incurred in providing the extra facilities needed
move the
to
shows the
larger
volume
totals of gross
for the six
months
The following
expenses and net
of business.
earnings,
and
of this year
reporting, and also the mileage
last
on the roads
represented.
It will
be seen that the length of roads contributing returns
is 145,418 miles, which is 1,792 miles more than the
mileage operated by the same roads in the six months
of last year, the ratio of gain being 1-25 per cent.
Increase in gross earnings
is
The
14*15 per cent, the in-
crease in expenses 16*04 per cent and the increase In
net earnings 9*97 per cent.
InertoMt.
I to Jvne 30.
(159 rood*.)
Janxtary
6ftriiiiiini.
Operating expenfea...
Nnteamlnss
The
1
46,418
143,626
1.792
Per Cent
1'28
<
-f-90.232.588
609.908.811
I
637.699.839
439.448.013
+70.498,298
14"16
18-04
2 I8.r 24,056
198.25'<.8'«
-4-19.767,2.80
997
t
787.932.367
causes that operated to swell the gross revenues
in such a striking
manner were
to less than 7f million dollars.
What kind
an exhibit as to net was customary in normal years
is evident from the results for 1901 and those for
1900.
In 1901, with not quite 58 million dollars gain
in gross receipts (we mean on the roads furnishing re-
of
turns), the
Improvement in net was, roughly, 26| mil-
with 70| million dollars
gain in gross,earnings there was an addition of considerably over 26 million dollars to the net.
The
following shows the half yearly totals for each year
back to 1893.
lion dollars. Similarly in 1900,
Qroit EarningB
Ttar 4
So.oS
Tear
Tear
road*.
Given.
Preceding.
Net Barninti.
tncreate or
Decrease.
Tear
Tear
Oiven.
Preceding.
Inereaae or
Decreate.
Jan. 1
to Juii« 30.
t
98(176)
80.110.885
'94(172)!
83l,803.3«7
96(169)
S6l,3W),733
•96(174)
•97(170)
3S4.020.832
406,003,731
•88(179)
400.628.130
•99(165)
480.609.765
677,149.661
01(172)
638.831.794
'09(154)
670.395,926
•08(159j
737,932.337
415,749.931 -(-14,360.465 124,108.151 193,876,793
-(-882,301
369.884.117 -67.475,761
94,109,4^5 117,670,919 -88,461.464
849.169,986 H2.800.74- 106.106.819 99.614.637 -1-6.491.182
866.812,74s -(-17.207,5S4 112,697.935 108.148,221) -(-4.655.768
—
407,164.i6S
2.160.737 L31.059.33C 116,4!7,818 -(-5.63*.002
410,596.441 4-49.931.689 189.;85,717 121.895.68? -(-17,690,085
401,993,053 -(-27.51rt,712 160.599.074 140,645,685 -HO.053,539
603,398,345 -f70,783.816 180,718.437 155,591,46 -(-26.126,969
580,4'il,e5(< -t-57.9 18.881? 206,218,380 179,495,140 •(-2B,723,180
63]. 494.287 f3>i.»04 639 J09,H78.703 208.260.7t)7 -(-7.722.906
037,699.839 +90,232.5-28 218.021,036' 198,256,826 -1-19,767,230
KoTB.—We no longer Include the Mexican roade or the ooal-mlnln^
operations of the anthracite coal roads in our totals. Figures for
previous years have been revised In accordance with this change.
Iq the case of the separate to^di thd higher operating expenses are seen refiacted in abundant cases. The
Pennsylvania Eiilroad that well managed and typical
system on the lines directly operated east and west of
Pittsburgh succeeded in adding almost 10 million dollars ($9,950,200) to its gross earnings of the preceding
year.
Higher operating expanses wiped all this out
and left a loss of $545,700 in the net. The Lake
Shore & Michigan Southern is another instance of
the same kind, that road reporting $451,778 loss in
net coincident with a gain in gross of $2,766,742. The
New York Central makes a much better showing, and
yet even it has only $834,053 gain in net, with $5,593,
102 in gross. Southwestern and South Pacific roads seem
to have been particularly unfortunate in this respect,
probably because it was not possible in that part of
the country to advance rates to the same extent as
elsewhere.
Thus the Atchison Topeka & Santa Fe
with $2,396,614 increase in gross has $766,110 decrease in net, and the S)uthern Pacific System (the
figures on it being for the five months to May 31,
the June returns having not yet been received)
with $1,127,257 gain in gross has $861,298 loss in
—
—
-
Amount.
Miles of road
Orofls
1903.
leos.
LXXVII.
amounted
•00(170)
mil-
77f
[Vol.
set oat at length in
our issue of July 11, when we
presented early preliminary figures of gross for the
same period of six months. Suffice it to say here that
practically all the leading influences affecting railroad
gross earnings during this period were favorable. net.
Trade prosperity continued uninterrupted notwithThe roads which have done well in net are mainly
standing the numerous labor troubles in different lines the anthracite coal roads, though three or four other
of industry and in nearly all parts of the country. The lines in other parts of the cauntry are also distinsplendid harvests of 1902 were of great advantage to the guished in that way. Thus the Lehigh Valley (we
agricultural classes and also brought a large increase are dealing simply with the railroad operations, not
in the volume of the grain tonnage both in the West the coal mining business), reports for the five months
and in the Eist. The contrast with the previous year to May 31 (the Jane figures not yet having been rein these respects was particularly marked as the ceived) $3,557,951 gain in gross and $3,414,281 gain
harvests of 1901 had been exceptionally deficient. in net. The Philadelphia & Raading for the same
Besides that, railroad rates in 1903 were higher In a five months shows $3,048,859 increase in gross and
number of instances, railroad managers having taken $1,605,659 Increase In net ; the Erie, which is a large
carrier of anthracite though grouped with the trunk
this means, wherever possible, to offset the great in
lines, reports for the six months $1,171,175 addition
creaae in operating expenses already referred to.
somewhat unsatisfactory in to gross and $1,948,079 addition to net. We bring
Net earnings had been
1902, too, making the further setback in that regard together below all changes for the separate roads,
Oar tables for the whether gains or losses, exceeding $100,000 in
in 1903 all the more noteworthy.
The disparity besix months of last year showed an addition of, roughly, amount, in both gross and net.
39 million dollars in gross earnings, notwithstanding tween the gains in net and the gains in gross are well
the great falling off in agricultural tonnage and the Illustrated by observing that as regards the gross
poor crops of 1901, bat the Improvement in net then there are only two roadi with decreases of 07dt
an
article published in
;..
August
1
.
.
THE CHRONICLE.
39, 1903.]
427
$100,000, while in the case of the net there are eleven
in net large, either in
systemB so dlstingaished.
Southwestern
raiHCIPAL CHAlfOKS in
GROSS
Increases.
BARNIMOS fOH 6 ITIONTHS*
Increases.
Pennsyl. RR. (8 r'de)t $9,9^0.200
S.593,102
N.Y.OentnU
4,171,17ft
Erie
Toledo A Ohio Cent...
Pere Mariinettel)
CanadUa
MInn.St.P.
3.83S.9615
e3,ft57.9RI
Paoltlo
LehlKh Valley RR.'...
3,391,149
Baltlmort^ A Ohio
Phils A Reading RR.: t»3.048,359
2,943.090
IlllnolA Oentral
MIoROurl Paoltlo Sys. )
2,915,230
(Central Branch). S
Lake Shore A .Mich. So. 2,786,742
.
Hocking
8teM..
& Lake Krle...
Wheeling 4 L. Erie....
N Y. 8uB. A Western.
Ohio. Oreat Western..
Bt»9^.
Ctn.
NewO.A
Yazoo
Peoria
A
A
Tex.P..
Miss. Valley.
Eastern
N. Y. Lack. A Wf«t.
STrao. Bin. AN. Y.
Union
Paoltlo
)
J
System.
Louis A San P..
Chicago & E. min.
8t.
Cent, of
2,241.954
2,176,577
3,045,786
/
1,994,838
v1
,933,848
i
New Jersey...
el,S84,933
MIcblKan Central
1,639,42()
Ol6ve.C?ln.Chlo. A 8t.L.
1,414.185
1,384,423
Boston A Maine
1.257,894
Chlo. Mil. A St. Paul..
1,164.269
Waba«h
Bonthern Pao. System. pl,127.257
N. Y. Ont. * Western. 1,119,350
Chesapeake A Ohio... 1,077,075
Chlo. Ind'B
Ga. South.
Colorado
A
A Loulsv..
A Pla
Southern.
K-tnawhaA Mioh
Lake Erie & West
Wisconsin Central
Denver A Rio Qrande.
Dnluth Ml98. ANorth.
Sviuchern Indiana
Alabama
Georgia
Gt.S'th'D....
RR
Guir A Ship Island....
W. Jersey & Seashore.
St. Louis Van. AT. H.
Ann Arbor
Jos.A Grand Isl'd..
947,600 Kansas City Sonthern
918,349 TerreH. AInd'poUs..
Northern Central.....
Nash. ChaU. A St. L..
Atlantic Coast Line....
&43,184
823.993
802,192
774,139
772,600
N. Y. Chic. A St. L....
Central of OeorRla
Buff. Rooh. A Pitts....
Phil. Bait. A Wash....
A Hudson —
Albany A Susque.
lue,.)
N. Y. A Oanan;
m...[
4ll.8'<6
403,931
375.731
r862,76l
345,932
343.657
334,177
332..^34
LonUvlUe A NashvlUe 2,420.352 Cnmheriand Valley...
2,396,M4 Paoltio Coa.st
Atoh.Top. ASanta Fe.
Qr. Trunk ^ys. (3 r'de) 02,278,002 Lons: Island
irortolk A Western
Southern Railway
453, CfO
445.377
Vulit-y
.feS
$161,731
St.
326,930
t)323.560
31P,633
o256,799
247.683
322,530
217,789
208,978
i>l
9 8 ,92
^192,398
190,598
174,020
173,359
166,362
158.328
1 47,100
139.227
133,476
119,259
110,270
103,659
Total (representing
78 roads)
$88,469,561
amount or in
ratio.
For the
group we have a loss
roughly, $300,000 on an addition to the
in net of,
& South
Pacific
The following
gross of 9^ million dollars.
results
by groups for the
two
last
low we give a detailed exhibit classified in the same
way, showing the figures for each road separately.
nUHABT BT
OBOin>S.
Net BarningM.
Orois Earnings.
SKCTION OB
GEOtrP.
1803.
1 to
New
$
Del.
P. Ct.
I
19.480.602
16,869.480
4,888,716
4,730,884
+96.83?
803
?67,416,60» 228,f-90.788
78,285,968
30.648. I8«
68.167,576
+4.068,381
+8,906,676
76-51
Bngr(l..(e)
rmnk lines. (14)
t
Inc. or Dec.
«
Junt 80
Jan.
1908.
1903.
1908.
».nthr. Coal.(lO)
6B.S01.lflS
39,681,994
81,163,92f
Mtd. St«tos.(2e) 26.176,8ti0
Mid. West'n.(87) «9,0H8,745 68.084,824
Northweit'D (13i 41,697.178 89,316,648
Worth P80lfl<(4) 47,001,069 41.686,476
South weit. 3t
South Pao.(3l) 12fl.078.4e6 116.576,717
Southern.... (28) 99,374,756 86.481.643
$
l],6H,45e
3-97
«-71
C,600 146
6,103,863
16,880.r8.1
18,H67.960
14,975,089
18,587,935
16,967.771
16.679,834
86.840,058
87,042,311
-202,253
0-56
2».187,73-;
26,239,044
+8.918,688
ll-]>
+415,777
+1,005,554
+370.025
+1.888,647
1878
8'7a
888
997
Total (lS9r'd8) 787,932 367 e37,609,88() 818.024 066 198,850,826 +19.767,230
Hexloan
88,016,93^
(S)
ir,643,31«
6,703.156
1703
+176.288
5.787,938
MiLBAOB.— The mileagre for the above groups is as follows: New
England, 3,038 miles against 2,985 miles in 1901 Trunk lines. 28,374
•gainst 28,372 Anthracite coal, 4,665 against 4,665 Middle States.
8,792 against 3,780 Middle Western, 14,500 against 14,484; Northwestern, 12,835 against 12,762; Southwestern and South Pacific,
37,003, against 35,976; North Paoiflc, 13,589 against 13,480; Southern,
27,622 against 27,122; grand total. 145,418 against 143,620. Mexi;
;
Decreases.
are the
Further be-
years.
;
;
599,529
Rens. & Saratoga
oga.)
Chicago A Alton
Seaboard Air Line..
Mo. Kans. A Texas..
561.923
544.990
498,295
Minn. A St. Louis.
Iowa Central
9311,471
112.658
Total (representing 2 roads)...
$424,129
Does not Inelado resalts for Lehigh Valley Ooal Company.
t Covers lines directly operated east and west of Pittsburg and Erie.
The gross on Eastern lines (Including Bafi'alo & Allegheny Valley
Division) increased $6,735,400 and the gross on Western lines
*
increased $3,214,800.
These figures are for the Railroad Company the Coal A Iron Compaay for the five months reports an Increase of $2,659,479.
a Covers six months on Grand Trunk proper, but Ave months on
Grand Trunk Western and Detroit Grand Haven A Milwaukee.
can, 5,182 against 4,889.
As already pointed out, the increase in gross earnings for the six months on the roads represented in
our compilations reaches 190,232,528, and the increase
These figures, as shown above,
in net $19,767,230.
In our early preliminary statement of the gross given on July 11, we
estimated that if we could have returns for the whole
United States system of railroads, comprising say
V For Ave months to May 31.
Includes Lake Erie A Detroit River Ry. In both years.
200,000 miles, the gain in gross would be found to
PBIKCIPA.L CHA.NOES IS NET EABNINGS FOR 6 mONTHS.
reach from 95 million dollars to 100 million dollars.
Increases.
Increanes.
Lehigh Valley RR.*.. $3,414,281 Toledo A Ohio Central
$200,007 We are now Inclined to set the increase higher than
Baltimore A Ohio
2,224,271 Chicago A Alton
176,564
We
1.948,079 Ohio. Great We,stern..
164,652 this, placing it at 110 to 115 million dollars.
Lack. A West.
N. Y.
Chlo. Mil. A St. PaiU..
133,044
1.852,687 Seaboard Air Line
Syrac. BlBg.AV Y.
128,855 have previously estimated the increase in gross for the
PhlL A Readlmr RR.t e 1,605,6.^9 Hooking Valley
120,728 six months of 1902 at 50 million dollars ; the increase
Canadian Paoiflc
115.897
1,185,588 Southern Indiana
Ho. Pao. A Iron Mc.
Nash. Chat. A St. L.
1 14,733
for the first half of 1901 at 70 million dollars ; that
1.180,506 Chicago Ind. ALouisv.
Central Branch...
v 114,530
Illinois Central
851,584 Boston A Maine
107,094 for the six months of 1900 at 90 million dollars ; that
N. Y. Cent. A Hud. R x
834.053
Cent, of New Jersey.
v833,314
Total (representing
for 1899 at 42 million dollars, and that for 1898 at 68
St. L. A San Fran... >
36 roads)
$22,822,124
p782,113
Chic. A East. III... {
million dollars.
The result is that for the six years
relate to 145,418 miles of road.
;
:
II
.
i
.
Norfolk
A Western
727,242
702.918
643.070
578.245
450,339
848,986
311,861
Louisville A Nashville
N. Y. Ont. A Western.
Atlantic Coast Line.
Buffalo Roch. A Pitts.
.
Chesapeake A Ohio. ..
Pere Marquettell
A HudsonAlbany A SuFque. )
N. Y. A Canaua... >
Rens. A Saratoga. )
N. Y. Susque. A West.
Del.
.
289,693
«267,972
240,145
284.414
Southern Railway....
Missouri Kan. & Tex..
Decreases.
©$864,298
766,110
545,700
fennsyl.RR (2r'd«)t.
454,778
L. Shore A Mich. So...
275,551
Kan. City Southern...
Minn A St. Louis
161,419
145,193
Ft. W. A Denv. City..
121,733
Yazoo A Mlss.VaUey.
121,521
St. Louis Southwest...
105,136
Terre Haute A Ind..
Southern Pacific 8y 8...
Atoh. Top. A Santa Pe.
.
Total (representing
11 roads)
$3,561,439
'Does not Inelude results for Lehigh Valley Ooal Co.,whieh latter
for the five months shows $1 514,051 Increase.
Covers lines directly operated east and west of Pittsburg and Erie.
The net on Eastern lines (including Buffalo A Allegheny Valley
Division) decreased $317,900 and the net on Western lines decreased
from 1897
to 1903 there has been
gross earnings of United States railroa(3s in this period
of six
months
months to May 31.
* KarLlngs for June were partly estimated.
II
For
five
Includes Lake;Etle
amount
A
June (the returns
of several of the anthracite coal
roads being missing in this last Instance), as will
When
the roads are arranged in groups according
to their location or the character of their traffic, the
be
seen by the following.
0B08S XSD NET KARNINOS.
Net Earnings.
Wth
1
19C8.
190}.
Increase. P.O.
19t3.
1902.
Increase. P.
C.
i
$
t
»
+27'',406 0-93
92,230,710 +8,810.267 9-83 80,021,883 29.746,477
+961,987 4-16
80,898,616 (-10461981 13-93 84.115.381 23.153,394
Mar .106.308,702 91.841,676 +146d7l2r 16-02 83,400,751 28,846,90b -1-4,559.843 15-81
April 107.517.310 94,173.4^1 +13344880 14-17 33,893,999 29.788.830 f4,I0i.l6v 13-78
May.ll03.S82.990 90,800,791 +13082199 14-41 38.980,675 28,937,381 +5,043.194 17-43
$
Jan.. 100.840,997
Feb.i 91,3HO,58o
Detroit River Ry. in both years.
of 430 million
There was no month in 1903 thai did not record
large gains in gross, but the improvement in net was
very small In January and February and again in
Oroes Earnings.
These flgnres are for the Railroad Company; the Ooal A Iron Com"
pany for the live months reports an increase of $2,110,779.
V
In the noteworthy
dollars.
$227,800.
;
an addition to the
J'ne.
81,063.177
$
70.48E.64f ^10617531 16-07 23,938.925 22,108.804 +1.662.181
8-51
showing is precisely the same. In other words, we
Note.—The number of roads included
have large and satisfactory improvament in the gross, la February 106; in March 107; in April 1C9; In May 101; in
June 86. Tht Mexifan roads are not included in any of the above
but relatively small gains in net oatslde of the- coal eompariiont, nor are the coal-mining operations of the anthracite
group; in one instance (the Southwestern & South coal roads included.
Pacific group) there is actually a loss in nel-.
In no
The following is the detailed statement for the
in January was 105;
case
except the anthracite ooal group
is
the Increase
half-year referred to above.
a
)
THE CHKONICLE.
428
A.RNINGS OF UNITED STATES RAILWAYS JAN.
1903.
190S.
Wmo Eiijhind—
$
r 7 78,704
BanK. Jt Aroostook. b.
Boaton A Muine.b.
10.U4.784
Boo. Kev. B.
Brtci>:ton
Eii>;l;iu>lb.
New LondOQ
Morth.b
Total (d roads)....
4.i»0.Ml
36S,7SS)
488,866
def.S9,ti;4
88,7(>6
A Saco Kivb
New
r)850.«100
10,801
e,844
8«.50a
I.Tim.b
,v
16,!9ak),480
4.886,716
1908.
1:^,480,008
$
1903.
$
.si.7>io.9»a
28,389,848
11,683,070
ClOT. Cln.Ch. A St.Ua 10.127,658
Peoiia A EUsleru.a. 1.:^.'7 >56
8,713,467
1.19ft,M88
3,196,798
291.618
1908.
I
Trunk Hnt$—
BalUm're Ohio.bx
B. 4 O. Southwb..
Jfc
19.571,889
Grand Truuka
Or. Trunk Wesfn.ii
Det.Gr.U. A Mllw.a
Lake Sh. A Mli-h. So.b
11.5<58,e«9
..
Id
m00.6o-l
17,0*1,081
So.a 10.799,000
'
<:
Kb
»N.Y.i
l..b..
N.Y.I,
Penn.— E.iji V. X K.b.
West Hitts.A Erie.
WabasD.b
88.rt3a,«82
4.185.068
fl0.155,?7fl
t'l.W-,691
ti44a.83U
14,264,139
9,0>«.674
3S.039.1M)
3.3ei.tf6i
63.4111,876
3;l,nU.H00 ••^.WlO.OiO
10.350,137
11.115.80«
TotaUli roads)... 867,41 5,609
1903.
Middle States-
A An. .SLort Linea
Bath A Hammonds. b.
B.
Bellefonte CentraLb..
A
l.Sfll,388
A Pittsb.b
8usquelian.a..
3.726.733
495,368
46,676
188,829
884,804
189,616
Cornwall a
Cornwall A Lebanon..
Cumberlau-i Valley.b.
Dunk. All.Vall. A P.b
.
Genesee A WjomV.b
Greenw. A JobnsoQ.b
Lehigh A Hud. Kiv.b.
Lone
1903.
$
67,'03
18,425
S7.126
L. Erle.a.
Koch.
Buff.
Baff.
lsland.b
Maryland A I'enna...
Newb. Uut. A Conn.b.
New YorkAOttawa.b
New Y.rk A Peun.b..
Northern Central. b...
Phila. Bait. A
—710
+1.«07
+iy.9'io
-08,430
-f 05.888
Inc. or Dec
$
9,467,799 +a,S34,871
Wash.b
»<0.S35
39.265
233.201
2,897,169
l3.*,719
88,047
52,759
63,80J
5.040,194
6,624.011
FouKhk. A Bastern.b
8i).484
Staten Inland Rv.b..
Staten Isld Kap. Trb
Ulster A Delaware. b..
W. Jersey A Seash.b.
Wm'spt. 4 No. Br'h.a
89.616
324,567
3i9,l84
8.0rt2,«5«
3,Slii.470
t'302,810
v9i!.46K
4.33-l,»ol
1.8<il,000
ii,2sa.>«m
9(31.037
l",323,5o7
7.972.200
3,0»4,0ol
8.10-<.330
288,137
6.114.P80
S.764.071
11334,816
t>l(i7,0<l3
4,793,729
1.830,326
10.453,813
937,fl&5
17,«* 1.457
•8,800,000
+88,453
+3,476
+1,948,0 9
+4!),799
-S2,eo«
-14,600
— 454,7 7H
+2<,4<!9
-817,900
—887,800
8,IS(t,817
+4,06j,3^4
68,197,576
1901.
1903.
1908.
Inc. or Dec.
$
l'8,8iJ5.074
+838.314
3«8.000
870,040
1,075,^57
8,94 <, 1 66
331.148
291,878
811,184
911.243
1,2»8,833
123.379
+93,1 '3
r4,t^97,265
H87,>'56
t)692.363
ul,vi8i.H84
344.786
rl24,390
+143,070
+2d7,972
v3,099,2S8
+S8.856
+134.7lft
+1,644,923
+20
,764
+3,414,
'HI
«8,093.065
t)4,457.40(J
+1,6.15,169
39.681.994
20,54ai32
11,641,436
+8,903,676
1908.
1903.
1908.
S
51,582
11.911
2-<,i53
1,452,435
3.953,594
402,863
50.fll9
147.065
657.874
128,273
68.393
28,788
1S4,604
2.580,536
133,641
81,372
47,103
44.695
4,098,:94
6.851,411
32,781
79,106
884.12 J
S
$
19.066
4.040
13,968
555,722
1.689.096
l»6,7-<8
5.978
62.100
148.525
31,596
40.6H5
11,458
104.780
510.856
86,069
18248
der.4.eii
18.1X0
1,098,384
1,719,860
l,5i6
def.5.654
Ine or Dec
t
12,62 ^
1,813
10,719
4 7.638
1,138,757
167,379
2 1,349
«4.f80
198,310
28,489
41,229
7.888
85,711
585.083
29,636
15.372
def.6.369
def.7,198
1,121 8S4
1,726.S60
7.117
+6,439
+2,327
+3,349
+78,080
+160.339
+ 39.409
—14,271
—2.830
— 54,7f5
—6,894
-r"44
+3.570
+ 19,0H9
+748
+20,385
—33.500
-6,30
1
— 5,6iil
—5,4«S
t)70,6d4
95,lb6
264,182
v3,738
def.188
113.314
76.188
290,932
rll.113
—16,06
+18.6 9
—26,800
-7,87
Totalise roads)... 85.176.880
21.163.926
6,609,115
6,193,368
+415.777
1908.
1902.
I
$
029,531
4,333.313
«1.8a3.029
»537,687
468,939
1903.
<
843.014
1.368,375
1.186,811
t'7:.2,H71
t)637.841
S235.714
168,397
S235.920
181,398
409,586
1 ,005.686
6,117.661
326.905
17,820
103,019
675, ins
5,720
83,664
26.4 53
12,617
Middle WesternArbor.b
Cblcaito A Alton a....
Ohlc md. A Loulsv.a.
Chic. Terml Transf.b
Detroit A M*cinac.a.
Elsln Joiet A KasUa.
Ann
1.784,852
1,068,097
4.881,236
i-2.079,h28
»576,530
527,947
1.160.566
Hockinc Valley.a
3.06^,709
Illinois Central.a
83,129,091
Indiana 111. & Iowa. a.
865,143
Iron.b
46,682
Kanawha A Mich. a..
762.062
Lake Krle A West'n.b S.447,744
71.S16
Manistei! A(;r. Uap.b
Manistee A No.EasUa
Manlsttque.b
Ohio River 4 WesUb.
PeonsTlTanla Co.—
O.Kap. Alud »ys.—
Or. Kap. A lnd..a
Mus. G. R. A Ind.a
Traverse City.a..
an. R. A Ft. W.a.
Cln. Leo. ANor.a...
Cln. 4 Musk. Val.a.
Cleve. Akr. A Col.a.
Loftansp'tft Tol..a
A V.a.
4 T. H.b
T.
4 Indianap.a.
T. H. 4 Lortan8p't,a
T. Ilante 4 Peorlab
Tol. Peo. 4 West..a
Pitts. Cbar.
St. L.Van.
H
Warnesb.4 Wash.a
WheerRTermlnala
18.t.574
29,080
94,733
1,6F^5,068
71,2^8
86.083
28^,029
142,iifl4
3»«,617
776,048
9-<.241
183.348
1,211,690
959.965
545.838
803.O69
623,269
6<l,789
98,511
6,3-2.679
lndiana.b..
493.^69
Soutbom
Toledo A Ohio CenUa 1.848.789
1.497.771
Tol. .8t. L. 4 Went
Wbeeilne 4 L. Erieb.. 2.184,140
Pere Marquette.a
.
.
Total (87 roads)...
59,063,74.-.
1903.
Northweitern—
t
Chic. Great Wesln.b. 3,866,170
Chic. Mil.ASt. Paul.a 22,484,767
«l. 0,866
Copper lUnae-a
Dill. 4 Ir .n Kanee.a„
Dnlnth Miss. 4 No.a.
Dnl. 8o. 8h. 4 Atl.b..
Palrcbild 4 No. East.
Iowa Central. n
Mineral Ranee.b
2,465.441
1.868.273
1,.?41,210
19,688
1,155,25»
1,081.961
2,618,338
20,18<J.001
831.416
43.017
544.273
8.238.766
57 064
172.236
61.855
88,596
1,486,247
78,507
27,373
283.969
00.980
284,125
656,111
88,368
164,670
1,072,010
852,257
492,543
2J3,759
547.«70
70.903
86,574
4,929.599
319.319
9M53
3HI,2'i8
1.186,414
0.969,215
851.888
20,785
113,8 18
672,250
747
86,006
708
82.616
293,180
13,301
8.157
23.219
39,246
684-6
22 -.280
def.10.174
90,802
807,a=,7
2)11.572
72.998
8.877
91,461
16.9*7
66,906
1.44:1,813
1.372.058
1.241.779
1.748.418
251,771
458,467
846.210
503.692
53.084,324
16,880,583
1002.
t
3,520,?38
1903.
$
1,215375
1908.
825,838
25,912
6.04S
67.565
9.915
36,189
171,353
def. 12,934
67,7aO
310,128
3ul,'<6><
61.497
4,381)
93,032
20.58J
56,2H
1,131,M53
135.874
868.460
319.830
41 ?,:{36
14.975.08^
1902.
$
1,031,228
6.323.7 1
2l,22'<,873
t)W5,S42
6,4fi6.765
I)70.ft87
ij33,313
2.372,126
l.«62 680
1,810,137
1.328,779
1,291,963
1.103,570
8 1.327
1,267,912
280,913
1,687,852
l,114,>-08
4-0.800
4.487
219.788
50.013
48j,ul8
l,S0l,7o2
201.040
899,841
I
l%e. or Dec
S
2!J5,112
401,96)
10,0^4
287,603
47,661
647.837
1.341.488
197,721
Atch. Top.
+18.803
+176. 5H4
+114.5 <0
Cmc"'!*
St. L.
+ 2,:i42
—25,745
+19.969
—32,102
-12,611
+3,114
—85,3i6
+29.331
+.S0.297
+57.9 !7
+-,760
+28.6 2
—32.871
—101.09')
ll.n01
+
+4.4-7
+ 1.429
—8.648
+1,6«0
+311.-61
+115.S97
+300.007
7iS2.»09
603,160
Wisconsin Central.b. v2.62S,He
rj2,489,195
1)807,408
+01.-349
Total (13 roads)~. 41,697.178
30.315.548
13.957.980
13,687,935
+370,025
1908.
t
17.605,503
1908.
t
7,010,861
1918.
842,0-<6
t
»
v2,106.362
21,019,432
t;1.7-'l,7»2
1I9,.523
t) 461, .59 7
t)303.."i2H
+1,185.688
+3-,218
+14K.069
82,056,194
0,355,990
0.189.318
—83.328
Tot«l(4 roads).... 47.004.060
41.636.476
16.067,771
15.6/9,'224
+1.288,547
Paclflc C>,ast.a
Cnlon Pa iac8rs.a..
6,855,073
81.3 5
1)2,476,848
»-0,><24
1,12«,087
129,379
146,3«6
178,3rtl
18>*,990
10.^.320
H 6.251
8.044,671
7,038,718
2,034.401
7,440,118
656.895
1.787.571
931.946
1,563,157
+224.4U
17,808.251
70,778
17.8>8
15,635
6,174,468
81.073
6,333
6,717
4,e93,9&«
87,073
+1.180.606
+4,000
4670
+763
—947
t)216.195
1)87,741
St)64,867
874.031
119,068
181,115
V18.W7 fiS8 «11,86»,840
e4,64P,000
818,028
s27.3i8
62,281
«3,818,887
ti8,026.944
t)8,89 1,342
531,133
^
.„,
\
Southwestern.b
3,415,086
8,418,429
s768,"70
A Ar. Pass.a *784,164
San Krau ANo. Paca
579,301
503.960
aouth'u Pac. Syst.a..Po4.084,8rte t)32,967,012
Texas Central.a
265,680
231,714
San. An.
Total(31 roads).. 126,078.466 116,676,717
Southern Roads—
1903.
t
1,406,805
153.^27
Ala. Gt. Southern.a...
AtlttUtlcA Birminsh.
!'57.472
Allan. Knoxv.A No.a
Allan. Coast Line.a.v. 10.8H9.'i84
Ciine Belt.b
80.8-6
..
Central of Georitia.a,. 4,49\881
61,5^6
Cliattaii.Southern.il..
Chesapeake A Ohio.a. 0,121,807
Cln. N.O.ATex.Pac.a 8,847.000
Col. Xew.A Laurens.b
99,821
Farrav. A Powhat.a..
37,836
Geori{ia.a
1,124,175
H65.370
Oa. Southern A Fla. a
Gulf AShlp Island.a..
883,274
Lexington A Kast'n.b
298,264
289.517
Louisiana A Arkan.™.
396.950
Louls.Hen.ASt. L.b .
Louisv. A Nashville. b 17,961.183
68.656
Macon 4 Birm'Khaiub
22.136
Milieu 4 Southwest. a
Nashv.Chat. ASt.L.b 4,094.849
Norfolk A Western.a. 11,128,000
d618.466
Rich. Fred. A Pot
Seaboard Air Line a.. 6.603,774
Southeru Railway.a.. 21.033.070
320.873
VlrBinla A Southw.b..
80.223
Wrii-'htsv.&Tenuilleb
Yazoo 4 Miss. Val.a.. 8.510,445
Total (28 roads)...
9i»,:^74.756
1902.
$
1,233,626
79,569
312,778
0,391.450
"84.308
3,593,698
50.5S6
8,044.732
2,9')3,843
+48,666
—145.193
-8.922
—876.561
0,664
039,548
(70,775
7K.5U
77,460
46,858
3i».840,058
+2,884
-18.047
+738,113
—181.621
—43,489
-16,830
—864,898
+80,608
87.043.311
-202,863
Inc. or Dec.
S
1903.
1902.
t
340,760
66.089
$
386,111
83,616
l'i7,603
4.068.2.56
infl.«97
-t-006
8.490,011
13.181
-1-678,246
def. 35,326
655,280
4,118
3.145,316
781,10
22.040
04,005
40.1*0
def.219
968,118
247,824
617,643
181,628
706,946
317,181
227.236
115.242
244.074
88.864
888,8»4
94,U0
15,540,831
5,623,217
61.642 def.18.124
19.640
6.173
4,076,600
1,232,225
8,880,056
4,403,817
«532.425
1-189,478
5.9i7,784
1,731,029
18,857,303
6,001.986
840,408
113,790
24.464
68.363
3,17t»,268
651,551
86,481,648
201.559
—« 5,931
20.167,783
662,674
8,614
2,796,830
699,631
+6.740
+82,478
—48,507
—7.886
+1,598
+348,086
-|-81,479
-6,815
—5,876
-48,185
+67,074
Sl7,856
6,157
290,940
U3,5S1
242,173
93,296
88,997
^-76.000
4-81,94«
8').403
+13.716
+702.918
—8,788
4,92 ',819
def.8 388
5,706
1,117.402
8.676,606
ii 208 100
-188
+377
19.442
778,284
+114,783
+727,248
—18,684
+128,856
+840.146
+85.751
+5,028
-131.733
26.839,044
+8.018,888
1.50 M74
4.761.141
8 ',"30
Grand total, 15 9 r'd3)787,932.367
687,699,839 818.024.056 108.256,836 +19.767,830
1903.
1902.
190J.
Inc. or Dec.
$
«
$
$
3.315,107
3.182.782
+32.416
12,616,806 10.346.669
.^730,648
8,110.714
1,469.535
1,199,204
+260,331
-1-688.477
5.747.S80
4,386,933
2.028,433
1.345,946
1903.
Mexican Roads ~
Mexican Central
•Mexican luterual'l..
National of Mexico..
Total (8 roads)..,. 28.015,238
17.643,316
6.708,166
6,727,088
+075,283
a Net earain^s
here f;iven are after deducting taxes.
ifiven are before deductlne taxes.
These 6i;ures are half the total of earninfrs reported for the
b Net earnings here
*
months of
foil
twelve
lOoa,
Including Rio Grande Western.
The Coal & Iron Comt Th«He Hcures are f ir the Railroad Company only.
pany rep irts cross for five months of 1903 of $l3,682,1'i', asdiust tll.O 2,5i8 In
1902, an increase of $3.6->9,479, and net, »2.448.135 In 1903 agst $ <37.351 In 1903.
the Lehigh Valley Coal
§ These tluu res are for the Railroad Company only;
Company reports net earnings of 91,306,150 for the five months this year,
against deficit t23',8n5 last year.
iid Net Ugurea are thirty per cent of gross earnings.
9 Figures nre for four mouths ending April 30 In both years.
t) Figures are for Uve months only in Doth years.
X Includes results of the Pittsburg A Western System.
V Includes Sav. Florida A Western for the fall six months In both years, but
Florida A South'n and Sandford A St. Peterab. only since April 1 ia both years.
• U'leares Inciude Boston 4 Aloany.
Ti
THE STORY OF A GRAIN OF WHEAT*
an Interesting book on an interesting sabThe author, Mr. William 0. Ecigar, the editor
ject.
of the " Northwestern Miller/' is well qaallfied to
deal with the snbjact, and he has brought together in
this book a great mass and variety of information
bearing upon the nature, the growth, production and
development of wheat. He has explored history, both
Ancient and modern, in tracing the origin of this food
staple, and has made a minute study of wheat culture.
No one who reads the sketch can fall to be impressed
with the thoroughness of his knowledge and the
Thli
la
extent of his researches.
The
Jim. or Dee.
1903.
North PaeiU—
%
Canadian Paciflc.a.... 81,442.468
North Shr.re.b
8061837
tiB.390,717
2.985.815
1-6,621,617
strain in
+86,356
Gr. lsland.b
2.88^H18
1902.
Ine. or Dec.
$
t
11.753,174
-786.110
-91,911
766,698
«
which the book is written is well illus<
trated in the picture he presents in one of the para+1,905,554
graphs of the opening chapter of the work of a modern
Inc. or Dec.
t
*'Five thousand
field of wheat just ready for harvest.
+164,6.58
+133,014
acres given over exclusively to wheat raising. Stretch+37.874
+36,816
+11,328 ing in every direction as far as the eyeoan see, one nn-14, IM
—6.607 broRen, waving m%88 of grain.
The sight Is glorious
+ 18,2Hrt
+8,2m and inspiring, and when the mind recalls the little
—161,410
+57.204
patch of doubtful grain brought from the soil by
+3,338
+)i6.?80
28i,038
1.376.881
8.241,6<0
4
10.937,064
674.7S7
S. Ke.b.. 80,65•^.818
^Ill'lnoU.
1903.
28,358,828
v,763,ll5
r6,439.810
60S.835
1,119,5P5
t
,„„
Central Branch.... 5 W.123,481
Nevaila Cal. A ()re.a«
84.a38
Nevailrt Central
18,485
Pine Bluff Ark. Riv.b
17,308
RU) (irande.Junct'nd
«J85.774
Rio Grande South'n.b
247,884
®
-Net.-
1902.
(
-306
-12.895
—78.322
+I20.7i8
+851,684
+24.177
+3,505
+11,199
—2.915
—4.973
Minneap. 4 St. La...
Minn. 8t.P. 4 S..S.M.b
Ht. Jos.
A
1903.
Colorado A South'n b
Den.A Rio Grande.Tb
Denver A 8oathw.a..
rt. W.A Denv. Clty.b
Gill Val. Globe A N.a
Kansas City South.a.
Mo. Kansas A Tei.a..
Mo. Pao. A Ir Mt.b. >
—54,228
+6.534
+2.176
273,618
1.577.752
v46,169
.
Sonthwestem and
South PacHle—
-M.386
+831.053
—4i,16<J
72.885.959
.
Total (10 roads}... £8,331,163
Bessemer A
$
+31.514
+107.0^4
1902.
SS.'^.WO, 783
Ant)tracite Coal—
t
$
CeDt. of N. Jersey. a.. iS.S36,89« i'6,4ll,96S
Delaware A Uudson 1,338,401
Kens. Sara.A Adlr.b 1.519,846
H58.447
640.846
N. Y. A Cauada.b.
2.125.853
Albany A Susq.b-.. 2 4*6,936
3.S69.9J*
Del.Lack A West.b.. 5.8i9.48l
46rf.337
625,696
Srra. Bini.-. A X. Y.b
Lehljjh v.iiiev.b J....tJl3.36><,t6l f9,810,510
2.364, *72
K.T. Ont. A \Ve.sfn.a 3.483.822
W. Y. SiiSH. A West.a. ?1.S83.2«3 til,"30,632
Phlla. A Readln};.b.t.t'ir>.2s8.945 1)13.210,086
.
4,730,884
Inc or D«e.
S
Brte.a..
Bilch.C'i •
190)!.
*
t
4.373,6*7
11.611
4.^37
67.634
.
.
»
r76S,4«l
lo.ltW.30l
[Vol. LXXVII.
— (jross.—
TO JUNE 30.
1
•yet.—
-tnrost.-
Ceut'l
J
1
. ..
.
.
arduous, nnintermittent, unintelligent labor; dwarfed,
insignificant, harried and threatened, and yet pathetically
precious to the peasant wheat-growar of the
" The story of a Grain of Wheat," bj Mr. William O. Edgar, Editor
"Northweitern Miller," New York. D. Appleton & Go. Frloe, $1 00
net.
Postage, ten oents additional.
August
THB CHRONICLE.
29, 1903.]
black-bread period, the aonl Is lifted np and the
glorloaa atory of a grain of wheat is told wlthont
words In a pictare painted by the hand of a gracloas
Almighty, who, through the ages of oppression and
fear, has brought forth his people to be witnesses of
his greatness through the hand of man and the
bounty of Nature."
Just now an Important topic is as to the damage to
which growing wheat is liable from one cause or anIn the spring-wheat sections of the North
other.
west more than the ordinary amount of injury has
been done in this way the present season, aa is
eyident from the recently Issued report of the
Mr. Edgar devotes considAgricultural Bureau.
erable space to showing how science has come
to the assistance of the wheat grower, and he indicates
fect
is
how same
of the difficulties in the
wheat can be overcome.
"The
way
of per-
family of wheat
not only subject to disease and sickaess, but
an army of enemies ready at
all
favorable opportunity to attack
it
has
times to seize upon a
and
if
possible
over-
Grasshoppers, chinch-bugs, army worms and
it.
and Heaalan flies are its most destructive ravagers. Here again science has interposed to good effect
between wheat and its insect enemies. The deadly grasshopper is kept within bounds and outbreaks of this
kind are far less numerous and ruinous than In former
Large areas of wheat are saved by means of a
years.
machine termed in America the 'hopperdozer/ This
rakes over the ground^ collects the grasshoppers and
introduces them to kerosene oil, which destroys them.
When the eggs of the grasshopper have been laid, the
land is ploughed and the egg-case is inverted, conse
come
frit
not able to make its way
The ploughing of land infested with
into the world.
grasshoppers haa proved to be the moat effectual way
quently the infant insect
is
enemy. Solentiats have experimented
with the introduction of fungus diseases among grass
hoppers. Inaecta, like animals of higher order, are
of fighting this
subject to disease.
Some
of these sicknesses are para-
form, and if
germ of the disease can be
introduced and spread abaut in the fields, the healthy
grasshoppers soon become diaeaaed and die. The
sitic in
the
ravagea of the chinch-bug have, under favorable circumatances, been held in check by this method of
treatment."
Mr. E jgar la not a believer in the theory of a wheat
429
ply of wheat will Increase,
and that
extenaively used in the dietary than
it will
it
be
more
has been dur-
ing the past forty-six hundred years of its history."
The point here made is further emphasized in the
chapter devoted to wheat production in the United
This country now occupies, he declares, the
States.
stage of the world's theatre as the greatest wheat-pro-
ducing country on the face of the earth, and if we
may judge by the average yield per acre, which is far
less than that of many other and older countries, it is
capable of producing, if the need exists, very much
larger crops than even those of its record-breaking
year, which was 1901, when it raised 748 million
This need, in order to stimulate Americans
bushels.
greater results, must express itself in the form
to even
usually best appreciated by them the almighty dollar.
In other words, if a continued shortage in the world's
wheat supply should occur, it would of course lead
This premium would
to a material advance in price.
bring out the best America could do in the way of a
crop of wheat, and no one can accurately estimate
what that would be. The effect of higher prices on
wheat production is the unknown factor which throws
the wheat-famine prophets out of their reckoning and
—
brings their pessimistic forecasts to nothing.
The author furnishes an amusing illustration of the
made by one of the earlier of these prophets.
mistakes
"According to the very exhaustive and perfectly
logical reasoning gof
many
of these gentlemen, the
consumption of wheat should have caught up with
The
the supply in the United States some years ago.
statistics they presented certainly proved their case,
and their deductions Ewere entirely reasonable and
quite convincing.
Figures ought not to lie, bat
nevertheleaa they very often do, and are caught at it.
Nearly fifty yeara ago a worthy gentleman, who was
at that time an authority on American wheat, predicted that the limit of the area capable of producing
wheat in the United States had been reached. He
was quite certain that Ohio was the western extremity
of the wheat-producing region, and in his excellent
book, The Wheat Plant, may be found arguments,
based
the
of
oif
soil
facts
in
regard
to
the
character
of
necessary to wheat-growing and the nature
the country west
of
his
limit,
which actually
proved the logical 'correctness of his statements. He
denounced as vain boasting the claim that the United
States could feed the world from its surplus of wheat,
and, while admitting that 'in a country so extensive as
ours we need not fear a failure,' he declared, that, 'beyond feeding our great and increasing population we
shall not generally have any great surplus/
Ha predicted that the tide of population then moving westward must quickly stop, as it would shortly reach the
verge not only of the wheat region, but of the limit of
agriculture as well.
Then 'it must soon return eastward in search of the wheat-prodaciog region.' He
therefore advised the Ohio farmers, who occupied the
western wheat limit, to preserve their lands, husband
famine from exhaustion of the soil and other causes.
He states that a careful examination of the facts does
not warrant such a conclusion. In his estimation
there is no more danger of a whaat famine than there
is of a grass famine, to which family wheat belongs.
Extensive wheat-fields in the Canadian Northwest are
now coming into cultivation and producing wheat in
quantity and quality far beyond the most; sanguine
anticipations, from a source which only a few years
ago was considered unproductive. Large tracts of
land in the United States suitable for wheat-growing
are atlU uncultivated.
In addition to theae resources,
and the poasibilities of Argentina and other wheat- their resources, and stop the deterioration of the soil
producing countries, there is an enormous area in by the liberal application of manure and by better
America formerly wheat- producing and now utilized tillage."
for other and more profitable crops, which merely
Mr. Edgar is not inclined to think that the Euroawaits the atimulua of a greater demand and conae- pean consuming countries can depend to any extent
quent higher price to revert to wheat production. upon Russia for their needed supplies. He points
While such conditions exist, he well says, it is impoa out, what may not be generally known, that Busala is
Bible to eatimate how long it will be before the limit fully up to America, Fraoce and Bagland in ohe dis" There semination of official accounts relating to crops, stocks
of the world'a wheat production la reached.
B every reason to believe that in the future the sup- and prices.
"Every week there is published in St.
THE CHRONICLE.
430
Peteraburg what la called the 'ilaaaenger of Finance/
an official organ which gives a weekly record of commercial and agricultural mattera. Not only are all
the local markets reported, but volumlnoua reports of
foreign market
movements
are also given."
theless In his opinion the export of grain
mean
Never
from Russia
[Vol. LXXVII.
Bkaret. Tbubt OOMPiunES— X.
10 Bowllna: Green Trust Co
12 United Btatea Trust Oo
T
Last previotu $al€.
Aug. 1903— 218
July 1903-1578
Price,
2l5it
1490
—Next
Saturday, September 6, will be observed as a holithe principal exchangee. The Governing Committee of the New York Stock Exchange has voted to close
on that day, so that no bnsiness will be transacted on the
floor from Friday the 4th, until Tuesday the 8bh, the Monday
intervening being Labor Day. The New York Cotton and
Coffee Exchanges and the Boston and Philadelphia Stock
day by
all
but the
parting of food needed to sustain life at home.
Furthermore, he states that *' as long aa the mlr exists, Exchanges will also remain closed on the same days.
as long as communal cultivation remains an institn
—Tne flftietli anniversary of the New York Clearing
tlon of Russia and the peasants grow wheat on ground House occurred on Thursday the 37th inat., but no formal
not iudividnally theirs, so long will they continue to celebration was made of the event. On August 27, 1868,
scratch the earth's surface in a desultory, primitive certain New York bankers met to arrange for the establishfashion, and be satisfied with returns dependent al- ment of the Clearing House; the committee appointed to
formulate the plan reported two weeks later, the opening
most entirely upon Nature's moods. Under such contaking place on October 11 of the same year. For the period
ditions it seems improbable that Russia will be able to between that date and January 1 last the total clearings have
compete successfully with the United States and amounted, it is stated, to $1,009,000,000,000.
does not
the export of a
surplus,
Canada In the world's markets. She will doubtless
—No decisive action has yet been taken by the directors of
export more or less of her wheat crop, but for her per- the Trust Company of America and the North American
manent granary Europe must needs look elsewhere." Trust Company, both of this city, in the matter of the proThe final paragraph of the book emphaalzea Mr. Ed- posed consolidation of these institutions. The proposition
was
have received consideration at a meeting of the direcon the IGth inst., but the question went over to the
wheat famine, taking the world as a whole. This 26th, and has now again bean postponed— this time until
paragraph is worth quoting in full as follows: "Viewed September 8.
from any standpoint, the international contest for the
It was reported on Thursday that the New York Stock
gar's conclusions that there
is
little
likelihood of any
to
tors
—
Exchange seat of H. B. Coombs bad been transferred to
basket is an intensely interesting one. The great W. T. Hyde, and the membership formerly held by John D.
centres of demand stand still while the centres of sup Slaybiok had been transferred to Howard Story Gray. The
consideration in each instance was said to be |60,000,
ply retreat; modern transportation systems supply the
—Mr. Carl Rudolph Schult^ was on Wednesday elected
connecting chain which keeps the world from going
President of the Equitable National Bank, located at 805
hungry. Of this there is no danger, for Nature, to
Broadway, this city. Mr. Sohultz ba? for some time been a
the confusion of the speculator, has arranged a wheat director of the bank, and had, prior to his election to the
calendar whereby during every month of the year presidency, been one of its Vice-Presidents. He la but
somewhere on the earth's surface a crop of wheat is twenty-seven years old.
—Plans for the new building of the International Banking
January, Australasia, Chili and
harvested.
In
Corporation of this city were filed on Thursday. The propArgentina; in February and March, Eist India
erty is at 60-63 Wall Street, and extends through to Pine
and Upper Egypt; in April, Lower Egypt, Asia
Street, where the numbers are 63 to 67. The Wall Street
Minor and Mexico; in May, Algeria, Central Asia portion of the building is to be fourteen atoriea high, while
China, Japan and Texas; in June, Turkey, Spain, the Pine Street side will reach a height of twenty- six stories.
Southern France, California, Tennessee, Virginia, The buildings will be leased by a corporation known as
Kentucky, Kansas, Utah and Missouri; in July, Ron- Sixty Wall Street to the International Banking Corporation,
mania, Austro Hungary, Southern Russia/k Germany, and both the latter and the International Bank will occupy
part of the structure, conaiderable space in which will be
Swiizarland, France, Southern England, Oregon, Ne
divided into offices. That the company intended to locate
braska, Southern Minnesota, Wisconsin, Colorado, on this site has been known for some months, and mention
Washington, Iowa, Illinois, Indiana, Michigan, Ohio, was made of the fact in theae columns early in May. It is
New York, New Eagland, Eistern Canada; in Au- anticipated that the quarters will be ready for occupancy
gust, Holland, Belgium, Great Britain, Denmark, some time next summer, if no delay is encountered in construction.
Pjland, Western Canada, the Dakotas; in September
—According to the statement filed this week, the liabilities
and October, Scotland, Sweden, Norway, North Rusof Messrs. Sharp & Bryan of this city are placed at $5,747,339,
sia; in November, Peru and South Africa; In Decemnominal assets at $11,268,064 and actual assets at $4,947,876.
ber, Burmai and Argentina.
Thus the year around The amount due secured creditors is given as $4,162,377.
seed time and harvest succeed each other, and some After paying these creditors in full, there will remain actual
where wheat Is always coming into market. Wheaten assets amounting to $785,598. The total due unsecured credibread is the universal food of civilization, and what tors figures out $1,585,062. The failure occurred on the 5th
inat, as was noted in our issue of the 8th inst.
ever happens in the race for ascendancy in the world's
—The Bankers' Trust Company, which opened at 143 Libmarkets, this seems assured: the Anglo-Saxon poserty Street, this city, on March 30, has leased for a term of
sesses the key to the world's wheat supplies at pres
years the first floor of the building at 7 Wall Street. The
ent, and is apt to hold it against all comers, at least cffices are exceptionally desirable, fronting aa they do on
three of the most important thoroughfares in the financial
durirg the twentieth century."
district— Broadway, Wall and New streets.
position of
purveyor-in-ohief to the world's bread-
llTMS ABOUT BANKS, BANKERS AND TRUST GO'S
—
bank stocks this week aggregate 123
The
sharee, of which 108 shares were sold at auction and 15 at
the Stock Ezchauge. The tranaactions ia trust company
public ealea of
stocbs, all auction sales, reach a total of 22 Bhares.
ings in either
bank or
trust
the "curb" market.
HAartt.
EkSK^—lfev) Fork.
8 Leather vifra' Nat. Back
*15 North America, Nat. Bank of..
100 Phenix National Bank
No
deal-
company shares have occarred
in
—
Three new trustees have been elected to the board of the
American Institute of Bank Clerks to fill vacancies caused by
the resignation of Mr. A. C. Anderson, Piesident of the St.
Paul National Bank of St. Paul H, L, Burrage. President
of the Eliot National Bank of Boston, and J. G. Cannon,
Vice-President of the Fourth National Bank of this city.
The appointees are Mr. Caldwell Hardy, President of the
;
:
Price.
30II4
200
110
Lail previout
sale.
May 1903— 3i9^
May 1903— 225
July
1903— 105
A. H. Wiggin, ViceNorfolk National Bank of Norfolk
President of the National Park Bank of New York, and
Joseph Chapman Jr., Cashier of the Northwestern National
;
.
Adgcst
THE CHRONICLE.
39, 1908.J
The officers remain the same as last
George E. Allen of New York has saoyear, except that Mr.
ceeded Mr. A. O. Kittredge as Secretary.
Bank
of Minneapolis.
—Under date of Augnat 31, formal notice is given of a
special meeting of the stockholders of the Wevstern National
Bank of the United States in New York, to be held on Sept33 for the purpose of authorizina: the voluntary liqnidation of the bank and the sale of its assets, according to the
consolidation plan arrived at with the National Bank of
ember
Commerce
in
New
York.
report of the Naveaink National Bank of Red Bank,
which went into receivership on the 14th Inst., was
The
N.
J.,
public yesterday. Total ageets (including $61,725 designated as worthless and $93,714 estimated doubtful) are stated
as $491,545. Total liabilities are placed at $463,993.
made
—The
voluntary liquidation of the Massachusetts National
Bank of Boston (consolidated with the First National) went
into etiect on the 5th inst.
—The Home Trust Company of Pittsburgh, one of the
youngest financial institutions in that city, has decided to
add to its capital, and will increase the amount from $500,000
The selling price will be at the same figure as
to 1836,000.
that paid for the original stock issued— namely, $125 per
share. It is stated that present stockholders have been asked
to waive their rights to the proposed new stock.
431
—The Foreman Brothers Banking Company of Chicago has
declared aggregate dividends during the fiscal year just ended
The stock of
of 37 per cent on its capital stock of $500,000.
favored few, and is seldom offered for
this bank is held by a
sale.
—With the advancement of Mr. H. C. Bostwick from
the cashiership to the office of an additional Vice-President of
the South Omaha National Bank of South Omaha, Neb., Mr.
C. B. Anderson has become Cashier.
—
An amalgamation of interests, or "affiliation plan," between the Germania National Bank and the Inter-State
Trust & Banking Company of New Orleans, La., has been
arranged, and will shortly be submitted to the respective
etookholdera. No consolidation is contemplated In the project
—simply the harmonizing of interests of the two institutions.
A transfer of the general banking accounts of the Inter State
will be made to the Germania, in return for whioh the Germania will divert to the Inter-State such savings, safe deposit and trust business as may be possible. The capital and
surplus of the institutions will, both be changed, the Germania increasing its capitalization and the Inter-State reducing the amount. A meeting of the stockholders of the
latter has been called for September 24 to consider the questions of reducing the capital from $1,500,000 to $750,000 and
the surplus to $125,000, "and with the fund so produced to
acquire shares of the Germania National." The meeting of
the Germania's stockholders will be held on September 28.
Action will then be taken on a resolution to increase the capital from $700,000 to $1,500,000, the increase to be issued at
& Trust Company, located
and Qrandview Avenue, Pittsburgh, has purchased the building at Shiloh Street and Virginia Avenue, to
which it will remove when remodeled. Mr. C. C. Boehmer $150 per $100 share. Amendments to the articles of association relative to organization and provision for additional diis tha President and Mr. William K, Frank the Cashier of
rectors will also come up for consideration at the meeting.
the company, which is owned, as we have previously stated,
by interests identiflad with the Federal National Bank of The present book value of the Germania National (with
$700,000 capital and $350,000 surplus) is figured at 150,
Pittsburgh.
while the book value of the Inter-State (with a capital of
—The opening of the Farmers' Deposit Savings Bink of $1,500,000 and surplus of
$500,000) is figured at 133>^. InterPittsburgh occurs to-day the 29 :h inst. The bank was
State shareholders in the process of reduction of the Interchartered several months ago as an adjunct of the Farmers'
State capital and increase in the capital of the Germania are
National Bank, but when the consolidation embracing the
—The
Mt. "Washington Savings
at Shiloh Street
—
American Trust, Colonial Trust, Fcirmers' Deposit National
and several other institutions was arranged, there appeared
to be some doubt as to whether the project to establish this savings
bank would be carried out. All details have now been completed, however, preparatory to
beginning business. The bank makes its quarters in the
Farmers' Deposit Building at Fifth Avenue and Wood
Street.
—The statement
made that minority shareholders of the
National Bank of Pittsburgh (the Colonial Trust of
Colonial
is
Pittsburgh is the principal owner) have been offered Colonial
Trust etock in exchange for their holdings in the bank at the
rate of 1 '47 shares of trust company stock for one share of
bank stock. Theee two institutions are to be included in
the general consolidation which has been freqaently referred
to in these columns, and which has partly been consummated.
—The
organizition of the First National
land (whose couBolidation with the Coal
Bank
of Cleve-
& Iron National
has been completed with
the election of officers, who consist of Gen. James Barnett,
President; Thomas H. Wilson, F. M. Osborne and A. B.
Marshall, Vice-Presidents; J. R. Geary and J. H. Caswell,
went Into
effect
on the 17th
inst.)
Caehiers.
—The
death
announced of Mr. Ernest
is
W.
Radder, Secre-
Compmy
tary atd Treasurer of the Central Trust
of Cleveland. Mr. Radder was born in Cleveland thirty-eight years
ago.
He had been ill
— No successor
but a few days.
George E, Hardy as Vice-President
of the Michigan Trust Company of Grand Rapids has yet
been appointed. Delay is caused just at present by the annoying injury recently sustained by President Withey in an
automobile accident, which prevents his attendance at board
meetings. Mr. Hardy will assume his new relations Sept. 1
with the New York firm of Hodenpy), Walbridge & Co. at
7 Wall Street.
—As stated
the
in
cew Cashier
to Mr.
our issue of July 11, Mr. Frank Welton is
of the National City Bank of Grand Rapids,
Mich. Mr. Welton was for several years offi3ially connected
with the First National of Traverse City, Mich. President
Wylie of the National City Bank reports business conditions
in Grand Rapids as favorable and prosperous.
two shares of Inter-State stock surrendered at 183}<^ (making 266^3 for the two shares) one share of
reorganized Germania stock at 150 and one share of reorganized Inter State stock at 116%
to receive for every
—Unanimous approval was
given by the stockholders of
Orleans to the several propositions presented at the meeting on the 18th inst. One of these
was the amendment providing for the change in the name of
the institution to the Teutonia Bank & Trust Company.
Equally important was the decision to increase the capital
from $100,000 to $200,000. These 1,000 new shares will be
put out at $130 per share, resulting in an addition of $30,000
to the surplus.
The bank bailding will shortly undergo exthe Teutonia
Bank
of
New
tensive alterations and improvements to accommodate the
increasing basiness in general, and in particular the trust
department about
to be installed.
—Mr. John H. O'CJonnor, who
resigned the Presidency of
Orleans a year ago on
health, died in Canada on the 24th inst.
Bank
the State National
account of
ill
of
New
— Application has been made
tution styled the
La,
Bank
for a charter for a
of Orleans, located at
Mr. Peter Hellwege
is
new
insti-
New
Orleans,
one of the principals In the
baLk's organization and interested with him as directors are
Messrs. Eugene H. Roberts, Alfred Le Blanc, Charles Dittmann, Charles A. Pardue, Charles Marshall, Horatio S.
Weston, Cartwright Enstis and Jules Mazerat. It is the
intention to avail of the powers of a savings, safe deposit and
trust bank.
The
capital of $100,000 is divided into $100
shares.
Bank & Trust Company of Fort Worth,
announced, purchased the Farmers' & Merchants'
Bank of Boyd, Texas. This acquisition by the Fort Worth
Company, a comparatively new institution, is doubtless in
pursuance of its policy to open a number of offices throughout
the State, which it is empowered to do by its charter.
—The Equitable Savings Bank of Los Angeles, Cal., has
been organized out of tha Equitable Loan Society. The
present intention is to enter the commercial banking field
to a very small extent only sufficient to accomodate savings
bank customers who might desire commercial accounts. The
management is composed of Mr. W. J.Washburn, President;
J. A. Muir, Vice-President; and P. F. Johnson, Cashier.
—The
has,
Continental
it is
—
:
THE OHKONICLE.
432
—Mr. A B. Jone«, who had held the office of Assistant
Cashier of the Southwestern National Bank of Los Angeles,
Cal., has been elected Cashier.
The position of Agsistant
Cashier remains nnfiUed.
stockholders of the California Title Insurance &
Trust Company of San Francisco, Cal., on the 17th inst^
voted favorably on the proposition to increase the authorized
—The
from $250,000 to $1,000,000. Bat 3,500 new shares are
to be issued at the present time, which will increase the
paid-in amount to $500,000. The privilege has been accapital
corded present stockholders to subscribe at par for all of the
new capital except 22J^ shares, which are to be sold at a
premium, pretnmably
to outsiders.
IFrom oar own oorr«aponaent.J
LONi>ON, Saturday, August 15, 1903.
There is a decidedly better feeling than there has been
recently, owing to the more favorable reports now being
received from New York. There is very large buying of
and particularly of first-class American
The leading members in the American
department of the Stcck Exchange say that the individual
purchases are small, but that in the aggregate they mount
np to a large total, indicating that the baying is by the general public, which has stood aloof from markets for so long.
They know that the resources of the United States are
American
securities,
shares, jnet
now.
almost unlimited, and after so great a fall they evidently
tH'ik securities cheap, and are now -buying on a scale that
is telling upon markets.
The great financial houses ate not doing much, probably
because of the political apprehensions that exist, especially
the spread of the insurrection in Macedonia, the unsettled
state of the whole Balkan Peninsnla, the troubles in Russia
and the arnachy in Austria-Hungary. Just when the out
flow of money from the great centres to the agricultural districts is beginning at both sides of the Atlantic, the existence of so many political anxieties naturally makes the
great financial magnates desirous of keeping their funds in
as liquid a state as possible.
In Paris exceedingly little is doing. French investors for
some reason do not care for American shares; but they are
eagerly watching the American market in the expectation
that the prices of bonds will fall still lower; money is so
abundant in France that it is difficult to employ it advantageously. Still, French investors are not satisfied with the
yield that the bonds give them at present, and they are
waiting to eee if there will not be a further fall. If there
should be a material fall, the belief of the best informed in
Paris is that French buying of American bonds will be on an
enormcuB
::
scale.
In Qermany also not much is doing for the moment. The
outflow of money to move the crops makes Itself felt in Germany earlier than either in this country or in France. Already the Berlin money market is feeling the consequences.
Besides, the holiday season has taken away holiday-making
mcst persons who can afford to go. In Germany, moreover,
the political anxieties are no doubt affecting markets. Both
In Paris and in Berlin as well as in London it is believed that
the Czar is honestly desirous of maintaining peace. That
he is resolved, therefore, to continue to work in harmony
with Austria-Hungary, and that consequently somehow or
other the Macedonian business will be patched up without
causing formidable hostilities. How it is to be done nobody
professes to be able to explain, but the confidence is very
strong all the same, while the condition of the Balkan Peninsula, the unrest all over Russia and the recent murder of
the Russian Consul at Monastir all have their eSeot in deterring people from engaging in new risks. Over and above
this, the negotiatiors for a new commercial treaty between
Germany and Russia are beginning, and if we may judge
from the comments of the Rust'ian newspapers, Russia is
prepared to drive a very hard bargain.
As said above, the more favorable reports now receive 1
from New York constitute the principal reason for the bitter feeling that now exists in London. There is, howe'/er,
in addition a very strong hope that the labor difficulties in
South Africa are very nearly over. Evidently the long depression in all kinds of business in the Transvaal wb'^h has
been caused by these labor difficulties following upon the
war have brought nearly everybody into a frame f mind In
which he is prepared to accept almost any solutif j that will
make business active once more. Evidently the fo midableopDoeition to the employment of Asiatic laborers s very much
weaker than it was, and it looks as if it would' break down
altogether before very long.
There is, in coEsequence, a much more chf,erfnl feeling in
the market for South African gold shares. Indeed, the bestinfornaed are looking forward to a considera'jle movement in
that market as soon as the holiday months are over, They
argue that the apprehended stringency in /Slew York, due to
the moving of the crops, will be over earl;/ in October, that
the weather will then prevent active hosti ities in the Balkan
Peninsula, and that the pinch of distress' .vill have overcome
the last opposition to the importation r f Asiatic labor into
'
[Vol. LXXVII.
South Africa
Therefore they look for an end of the labor
troubles, or at all events to the adoption of plans which will
terminate them some time in October or November.
The rates of interest and discount are slowly moving up in
London. The general belief is that as the New York sterling
exchange is steadily falling, gold will be shipped to New
York before long. If gold shipments to New York begin,
nobody is able to estimate what they may amount to; and
therefore there is a disposition to pat up rates so as to divert
rhe demand from London to Paris. In Paris money is so
abundant that the great banks do not know how to employ
it advantageously.
Even at present they are again bnyipg
sterling bills on a large scale, and therefore it seems evident
that if rates were to be raised here to 8 per cent or over, a
good deal of French money would be attracted. If rates
went to S}4 per cent or 4 per cent, it is generally believed
that most of the demand for gold would be altogether diverted from London to Paris. Therefore the money market
is in a sensitive state just now.
If the New York sterling
exchange continues to fall, rates will gradually harden. If
gold shipments begin, they will rise rapidly. Apart altogether from the possible American demand, there will be
gold required, as always at this time of the year, for Argentina
and Egypt. It is estimated that the Egyptian demand will
amount to about 4 millions sterling.
portion of that will
be obtained in France beyond question, for there is a very
large amount of gold now held in the South of France. Some
gold coming from Australia also will probably be stopped in
Egyp' and retained there; but a good deal will have to be
sent from this country. As for the Argentine demand it is
quite impossible at present to estimate what it may amount
During the agricultural year now drawing to a close
to.
the Imports of gold into Argentina have amounted to nearly
nine millions sterling. In consequence rates have fallen so
that bankers complain that they cannot employ the whole of
their money profitably. Yet if the crops are good again in
the coming year, there is sure to be more gold shipped, for
the value of the exports from Argentina considerably exceed
the value of the imports into that country at present, and
therefore If the crops are again good, there will be a large
surplus which must be liquidated by the shipments of gold.
The India Council offt-red for tender on Wednesday 50 lacs
of its drafts and the applications exceeded 308 lacs at prices
ranging from Is. 8 31-82d. to Is. 4 l-32d. per rupee. Applicants for telegraphic transfers at Is. 4 l-32d. per rupee
and for bills at Is. 4d. were allotted about 20 per cent of the
amounts applied for.
The following return shows the position of the Bank of
fiogland.the Bank rate of discount, the price of consols, Ac
A
cjompared with the last three years
aiTOVlBtlon.
20594.115
.
Public depoilti
6 556,614
41.179.P61
16,64»,841
Other depoilti
aoTemmeDiieonrltlef
Oth«rieonrltlef._
Kctarre Of notei and ooln
OolnAbaillon.botbdepartiD'tl.
Prop.reierra. ollabliitlei.p.o.
Bank rate
percent..
aonaoli. 3M per cent
SUTer
S8.'.53,309
8S.278.514
48^
IS.
Auo. U.
SO.lflO/SO
9 603,360
88.H64 488
801S5610
10 43<!.298
39 187.229
4^061,110
l6 982,S3fl
ie,49H,wie
%!0
26.858.462
24 ec6.7i3
86.900.763
8«.018.0-<8
se,:i59.9Z0
SO 105 001
18 382,854
87.720,630
50 i5-ie
30.b69,»)9
Avg,
eos-lO
&
8
8
953-16
84Ma.
Aut.
168,525.000
0-<7,S60
86^
94^
or>
IS.
80.251,985
8 120,880
8
15-16
866-16(1
198,493.000
Hearins-Hoai* retnrni
Messrs. Pizley
86 5-8,19
IBOC
1901.
1903.
1903.
Alio. 13.
4
WH
881-led"
87 18-ied.
153 398.oo(j l78.670,OOo
Abell write as follows under date of
August 13
Gold— Althoneh the market has been less free, the Continental inquiry has suffleeri to aUsorb all the BuppUeR. At the moment of writing there la rather more demand and there are also Inquiries for
America. At the Bank of Eouland £12,000 has been received and
£25,000 has been taken out for the Continent. For the week— ArOape Town, £205,000; Australia, £15,000; West Indies,
total, A251.000
Shipments: Bombay, £4S,000. For the
month of July- .Arrivals German v, £2,000; France, £46.000; South
Africa, £1,141.000; East Indies, £224.000. Shipments: Germany,
rivals:
£31,000;
:
£810,000; Prance, £827,00O; South Africa, £50,000; Bast Indies,
£165.000 Austria, £185,0(0;
Silver- Qr.otations have fluctuated within narrow limits. In the
absence o: Indian buying orders and with very moderate selling,
prices fell to 2.'i 6 gd. Yesterday, with some special orders, the market be me much firmer and to day the price has advanced •4fid. to
26i«d. for spot and 25B]Rd. for forward. The spot m»rket closes very
Forward silver is
flrn» with buyers for India for shipment next weeli.
For the week—
ra. her neglected. The Indian qnocatlon Is Rs. 64et
/.rrivals: New York, £154,00i); Australia, £7,000; West Indies, £18,Singapore,
000; total. £179,000. Shipments: Bombay. £35.000
£10.000 Hong ICong, £22,612 total. £h7,612. For month of JulyArrivals
Frtncn, £3,000; U. S. A £'^35,000. Shipments France,
£209.000; China. £32.000; East Indies, £465.000.
Mexican Dollars — ouch small parents as have come on the market
have been taken for the Straits and the quotation has advanced to
2511, d. per oz. The coar«e of exchange has not allowed of dollars
being exported from Mexico. From New York, £4,000. Shipped to
:
;
;
;
:
:
,
the Straits, £77,500.
The followlngahows the imports Of cereal produce Into tte
Kingdom during the forty-nine weeks
compared with preylous seasons
Qnifced
of the season
IHPOBTB.
1899-00.
1900-01.
1801-02.
Imp'tsof wheat, 0wt.79.701,262 67.078,746 65,800,100 59,896,100
24.588,379 20,452,710 19,052,000 14.533,600
darioy
15.«44,602 16,153,546 21,912,300 19,374,600
JtktB.
2,428,640
2,315.030
1,794,966
1.948.467
Pe»B
1,520,320
Beana
^ 1.462.380 1,752,144 1.727.840
39,749,903 44,108,364 52,251,«00 53,887,400
(ndlanoorn
18.199,242 18,812,936 21,658.200 21.345.700
rionr
1902-03
Supplies available for consumption (exoluslye of stoobs
OD September 1):
1899-00.
1902-08.
1901-02.
1900-01
Wheatlmported.owt. 79,701,252 67.073,746 65,800,100 69,896,100
imports of flour
lalesof
18,199,242
18,812,936
21,658,200
home-grown 22,888,861 22,620,990 22,894,242
Tot»l
21,345,700
30.510,263
^^120/788,868 108,607,672 110,152,542 111,762,053
J
August
'
MarK***— Par Ombl*.
L0III>OH.
Mai.
d.
Ulyer. per oanoe
OoruBOl8.,new,3% p.ots.
For Mjooant
25 1«
Wtd.
2SB8
Vr'ohrent«8(lnParlB)tr. 97-56
84l"s
89
Pftolflo
X i27»e 126"8
34
341a
35
17%
148%
144 >s
25^8
79>«
30>«
146^)
145
25%
25
25>«
80
3138
80
30 >s
79ifl
so-'e
es
68%
6»%
68%
691a
52
52
64
64
137i«
107 ^i
52%
2478
79 >«
^~
291a
a
136ifl
137>«
i07
I6J4
108
15
2088
4S>a
20 14
43
201a
43 >4
41
126
23 »8
•-9
124I4
41 1«
41'fl
42%
42
20H
H
•<
H
o
pref.
Seoorltles....
89
90
124%
248,
65
90
91
241a
64I4
28%
41%
35
35
35
4688
S3^l
46St8
22%
Union
Preferred..............
Paolflo
7688
23>8
87i«
7788
Preferred
C. 8. Steel Corp., oom..
88>fl
86
72
72>«
22
Pwo»
|>«T
148,500
30,640
26,080
178.«96'
161850
670,2)ol
800
41,882
100,485
122,184'
I
I
14,829
34,641
...'
46.893
606 668
3,900
Cleveland
St. Louis
Peoria
Kansas
6.700
...
3T8.700'
28.000
1,393.200
303,400
83,8.0
419.483
418 878
"Ziso.eos
2,313.847
4,140.524|
6,416.686
1,224.9:6
420,029
6,962,971
2,860,5441
'
Same wk. '02.'
Same wk. '01.
7,800
8.800
4,614,816
317,825
463,322
4.363,863
841,060
118,356
216,848
459,827
764.967
887,314
460,234
744,929
1,411.616
1.343.666
.
1
1.804,176
!
1
1,655.14'?
i.esa.ois
The reoelpts of flour and grain at the seaboard porta
week ended Aug. 22, 1908, follow:
for
the
kufh.
kbii.
»^
179.025
.«..
138,490
6,408
.^^
150,'<44
23,832
271,044
26,'
22.1,871
60,140
47774
4«WD0rtN«ira
24.000
k«Mk.
976
11.802
"8,806
14,063
136.408
800
8\885
126,638
.'.'.'.'.'.'.'.
46.)i58
85,1'<6
17,300
OSi
Norfolk
«aiT«iton...
Portland, Ma
6ij''.500
1.147
2,084
;<0.0J0
4S.O0O
3.685
465.101
1,738,472
4.894.857
1,203.673
176.985
Uobila
61
62,H6e
64,371
38,278
16.400
BO.OuO
870000
2,860
496,900
484
2fl6,&H
72,«15
60
640,918
26,rttl0
Bmritr,
kuik.
0«t(,
kufH.
Osrik,
'•uth.
358.100
/i»ur.
«M«i»(fatNtwTork.
1,644
11,645
9.706
Total week....».
ahAr*
82,600
180,600
6,331,612' 10,656.348
12,019,980
2Se8J,474| 5.851,170' 17.913.9 Jl
2<}.S'i9 0B4 10..S43.80d' 18.028.189
City.
Since Aug.
1903
190i
1901
332,080
282,600
312.000
85,4t-e
35%
8.800
23.642
81,710
6,453
110,470
236,745
157.88J
ditkmond
<«w OrlMni*
23
33,955
885,290
Biiitlmors
72%
81.700
.Minneapolis.!
86
73
22
87
61
loe.eoo
4.786
PilladtlpMa
2358
Ry*.
Toledo
Week
-
13,800
I
Bolton
89
Barley.
Buih.48Ibi Bu.5e ibt.
2,138,335
114.400
34,160
1,213,850
94,ieo|
Montreal...
33I4
S7ia
61
.
774.044
68.828
23
76%
23
61
138.684
..'
Chicago
Mlliraakee
Dilnth
4688
871a
72%
2814
S5is
"B"
41
35
X76B8
87
231a
35
61
911a
281a
OaU.
BmKOO Ibt Biwh.66 Ib< .fflMl^.3aib<
22"'e
87ifl
89
23
'
Oom.
Wheat.
#lour,
BkU.19eu»
46
78
89
22S8
Do
do
pref..
Wabaah
..^
Do preferred
91
2838
«0ia
36Vi
41)fl
4538
43
124%
41^
Paoltio
15
6488
90
92
at—
Tot. wk. 1903
1061a
24'78
28>4
27'e
137
15
125
24 >6
64 V|
S3
91
64)4
liiceipti
Detroit
145
42i«
O
O
do
I7I4
17»«
i3e>«
106i«
15»«
OQ
A Tex.,oom..
Deb.
89
I714
Soath'n Railway, oom..
Do
81%
129^8
1-2938
91i«
841a
34
*PhUa. AKead
•FhUa. <k Read. .1st pref.
•Fhlla. A Read.,2d pref.
Soathem
64
911a
433
Bread8tvff8 Flfures Brongrbt from Page 461.—The
etatemente below are prepared by us from fignree oolleoled
oy the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending Aug. 22,
tnd since Aug. 1, for each of the last three years have been:
64%
64>fl
92
85
89
171*
Preferred
Rational RR. of Mex.—
1st preferred
a. Y. Cent'ldk Hadson..
m. T. Ontario A West'n
Vorfolk <b Western
Do
Vorthem
26 1«
00»i«
33\
iBt preferred .........
8d preferred...
nilnolB Central
LoolBTlUe A Nashville..
Mexloan Central
Mo. Kan.
89
128 '-a
OlieeapeAke A Ohio....
Ohio*. Great Western..
Ohio. Mil. A St. Paal...
Oen. A Rio ar.,ooaL....
do Preferred.
Do
oomnion
4
6iSg
9iaa
8418
62 ««
91 \
Top. <k 8»nt» Fe..
Preferrsd
Baltimore A Ohio
Preferred
A.tob.
S5i~>,«
900,6
90e,fl
90»,«
90"s
^7 6<!>« 9767*« 97-50
418
4»4
43)8
901Bi6 90''8
97-72»« 97-67 »«
naoonda Mining
#rt.
90-^«
26
90 •'s
Tkun.
263,8
Hon.
Brie,
.
THE OHKONIOLB.
29. 1903.
ilal
0»nMll»n
.
.
1008
49i:,806
B25,4<!l
l,64U,;i98
'a«o«iptt do not ln«iad« Krsinvastms throask oawOrlaani tor foratvn
Dsrtson throQKh bills of adlna
I
Cvommevclal and IHlscclUmcoits jjlcurg
Stock of Money in Country.— The following table
shows the general stock of money in the country, as well as
the holdings by the Treasury, and the amount in circulation
on the dates given. Jhe statement for July 1, 1903, will he
found in the Chronicle of July 11, 1903, page 72; for
that of Aug. 1, 1903, see Aug. 9, 1902, page 274.
^Stoeh of Money Aug.
^Monevin Oireulation.—
fHeld in
1903.
101.679,100
18,958,000
846,681,016
Treasury notes of 1890
United States notes
1,
680,879.790
1902.
t
631,166,483
8I4,7rt4,0ia
72.598,354
24fl,8fc0
88.906.485
447,446.642
86.222.459
lb,4M7.578
836.196.666
837.428.608
I
218,4ii9.879
87,968,217
464,8n8,w3i5
*81lTer oertiacates
Subsidiary silver
82
9,438.786
88,428
ll,4£6,46l
28.68ft,585
June 8, '72
National bank notes
417,846.487
401,397,600
15,948.987
816,046,965
8.695,410,174 313,421,676 2,38?,018,498 2,260,606.187
Total..
*
Aug.
1,
886,3(49,399
»
•Cnrr'cy cert.. Act
Aug.
Ireasury.
States.
Sold coin (Inc.bul'nln Tre&s.)1.866,719,0e8
•Gold certlflcates
e6;,488,603
Standard sliver dollars
For redemption of oatstandlnt;
certlflcates an exact equivalent In amount
is held in the Treasury, and is not Included
Of the appropriate kinds of money
tn the account of money held as assets of the Government.
t This statement of money held in the Treasury as assets of the Government does not Include deposits of public money In national bank depositaries to the credit of the Treasurer of the United States, and amounting to
•144.04rt.H">«4
D IV ID
Name
B, ft
Per
of Company.
SttHpt of—
Whaat
OS.
bnsh. 64,497.506
"
71,735,743
Jorn
When
iye.
"
TotaUraln
BooTcs Closed.
(Days Inclusive.)
Railroads (Steam).
Chic. <fc a. 111., pf. stk. tr. ctfs. (quar.).
Tex. Pac., pt. iquar.)
Cin. N. Orleans
lis
1>«
1»4
&
Delaware & Hudson (onar.). ...... ......
Grand Trunk, euar
do
ist pref
do
2d pret
do
do
K. C. Ft. So. & M., pf. stk. tr. ctfs. (qu.)
Minn. St. P. & Sanlt Ste. Marie, com..
do
do
pret..
do
8cre«t Railways.
South Side El., Chicago (quar.)
miseellaneoas.
Alabama Con. Coal & Iron, pref. (qa.).
American Chicle, com. (monthly)
American Shipbuilding, com. (quar.)...
Butte Klec. & Power, com
Continental Tobacco, com. (quar.)
do
do
pref. (quar.)
Kings
Co. Eleo. Lt.
New Central Coal
&
Power
(quar.)...
"United States Envelope, pref .........
United States Leather, pref. (quar.)....
Anetlun Hales
10 Sep
1
1
15
1
Sep 17
Aug 25
Aug 87
Sep 10
Oct 1
to
to
to
to
Aug 81
Sep 16
a
2>a
1
7
16 Oct
16 Oct
1
1
to
to
to
Sep 80
Oct 16
Oct 15
1
Sep
80 Sep 20
to
Sep SO
Augaa
to
to
to
Sep 1
Sep 16
Sep 1
Sep
Sep
1
Sep
l^a Sep
4 Oct
'2* Oct
Sep
Sep
2
2I9 Sep
1\ Oct
1
1
Sep 17
16 Sep 11
1 Aug 19
15
1
2 Holders of reo. Oct
Oct 1
a Sep 20
to
Aug 31
1 Aug 22
to
Sep 1
1 Aug 29
to
1
I
Holders
of rec.
— By Messrs, Adrian B. Muller & tion
Sep 18
.
Stockt.
100 Amer. OhloleCcpref... 80
100
do
do
oom... 97
273 National Wall PaperCo..
deb. stook. 67ia paid
In liquidation
$155 lot
25 Golf L.acd Oo. of Ea-1
eex County, N. J
$1,900
$1,000 Essex Co., N. J.. \ lot.
Country Club Ist Rs j
60 MqbIc Hall Aasoolatlon
of Orange, N. J
25
62 Amer. Traning Co.. pref. 25
81 Amer. Trad. Co., com.. $21 lot
25 New Amsteidam Cas1
ualty Co
55
4 Laoka.vanna Steel (Jo .. 71
12 United States Tr. Co.. ..1,490
100 Pbenlx i^at'l Bank
llO
104,163 498
90,740.713
51,812 585
60 781,760
122,801.314
48 520,708
7.615,498
1.761,996
119,764.881
179,703.168
8,173853
8.697,5j8
241.414,359
852.587,208
the several seaboard ports for the week
•ndlng Ang. 22, 1908, are shown in the annexed statement:
Oats,
By4,
Barm,
fVksat,
0«rn,
ZIour.
Saiaorti f r»M- bulk.
»li(k
bush.
hu»\.
kuik.
bbii.
NawYork
181931
26.060
Cortland, Ma.
Pklladalpkla
Mwn'rtNaWI
Montreal
jairaiton
6O.70S
4,645
100.266
1*7
77,i42
149.741
lu.l»6
Saltlmora
211,680
NairOrlaant.. 391,676
Norfolk
63,128
102,164
6,498
4\003
84,907
25,660
20.000
Soston
1,574
484
86849
8.22T
45
«85
24.000
363,287
868,800
60.000
387,035
Mobile.
9.705
42.7U1
6.072
2,034
8,685
26,568
90.026
18,800
....
Total weak 1,B7P,850 83H,620 258,536
163,682
125,818
1.574
87,027
6ti,463
71,999
jama time '08, ,8 938.887
80,173
313,164
62,300
The destination of these exports for the week and since
July 1, 1908, is as below:
,
Mmporti for
TTeeh S<n«« Julv
w**k and since Aug. 22.
I. 1003.
July 1 to—
bbla.
Jnltea Kinsdom 150.800 1,277,883
Whsat.
.
Week
Aug.
a
bush.
1,854,287
Total
Total 1001-08....
a02.7O5
12U,120
17H.365
17.Hoa
74,741
710,700
5.181
258536
Vest Indie
lr.M.Ain.Colo'1
>ther aonntrlei
80,018
21,247
24,543
2,166
23,708
3,041,476
2,299.575
1,979,850
3.933.327
843,164
676
8in«« July
1,
1908,
btMh.
0,095 953
Week
Aug.
Oorn,Bints Jniv
28.
IOCS.
biMk.
1,
70,568
897,437
848.484
135
16,733
8.917
6l9:d3
3.385,063
4,6J2,ae0
10.321
235,392
3^,397
503.421
14.684,577
22,110.280
823.620
80.173
8,771,863
4,608,608
3.564
647 863
The
Oct
Oct
Oct
2
1000.
13.555,090
The exports from
Continent.
A O. Amerloa.
Sep
Oct
Sep
Sep
"
"
Barley
i.
2
88.803.478
2,406.611
3.259.776
-Flour.
Cent Payable
Atlantic Coast Line Co. (quar.)
•
«..
1001.
14.006.314
76,864,ero
18,072,093
88.005 075
l,608.O88
1.916,550
bbli. 18,327.407
Oata.
to Aug. 22 compare as
1
190B.
18.837,686
1903.
rioor
1.—.
190».
In tfte Onited
Total receipts at porta from Jan.
follows for f onr years:
8 Leather Manafaotnrers'
301 ^a
National Bank
4 JoUet & Chicago By. C0.I8O
3 The LUe Association of
America
$25 per share
100 United Copper Co., pref. 60
6 Old Dominion 88. Oo....l20i«
10 Bowling Green Trust Co.215ifl
Bonds.
Commerce building fund bond. $505
$1,000 Chamber
of
$6,000 Haverstraw Light &
Fuel Gas Co. 58, 1949
10
$5,000 Mechanical Rubber
Uo. iBt 6s, 1918
95
$2,000 Empire State Sugar
Oo. Ist 6s, 1915; July,
1903, coupon on.
$110
lot
visible snpply of gram, compriising the stocks in
granary at the principal points of accumulation at lake and
*eaboard ports, Aug. 22, 1908, wae as follows
fVhtan.
i»«tar««t—
few York
Do
hiish.
607.000
afloat..
'oledo
612,000
70.0C8
Do afloat
Do afloat
*etroit
Do afloat
laiaago
Do afloat
KUwankee
DO afloat
108.0(1.
aolntk
Mtll,
SU*k.
26.000
'4,060
1,000
23,000
3,000
20.0M
184.«o6
227.000
1,000
864.000
67>66
iie.obo
881,006
061,00c/
"6,6^0*0
101,600
23,000
8,863,000
2.836,6oi
MS.b^OO
"7,600
'70,996
l87,ooo
68,000
i.oss.ooo
2.853.00C
1.000
2.606
273.000
afloat. ...»
KaniaiOlty
Peoria
ladianapolli
in MUilaslppl BlTer .
)B Lakes
.
Barit*
kw«k.
100,000
lOO.UtO
167.000
136,000
174,000
6(,onr
14.000
67,000
"7,600
afloat
oaaanalandrlrar.
ua»a,
tiusk,
897,000
107,000
Ulsaeapolis
8t. Lonll
Total
Total
Total
Total
Total
0"'"
i,844,ouc
n.will'mAPt.Arth'r
_ Do
>>u<k.
228
34.000
iOStOn
272.UUU
^^^
Pklladalpkia
*^ 261,000
laltimore
895.00C
isoooo
i<ew orleana...^..«M
JaiTOiton .........^. 1,314,000
Montreal
loO.oou
««..«««
.^oronto.„
3.000
iQflalO
675,000
.«.,
Do
oom,
28,000
84,000
'sVlooo
162,m6
m.'o'do
83,000
"4.6ib
"28.066
34.000
88l.ouv
9,000
507,ooo
6O.000
24tJ.'d6b
87,000
73,000
"26,000
885.0UO
88,000
8-22.000
iJyja!66o
526,000
873 066
108.000
'29.006
6,447,000
6.904,000
516.000
6,t?59,ixi0
«, 002,000
501,0)0
«»H,000
3,i23,000
12,206,000
7,430,000
1,000
5.>>14.000
l,06;.oOO
8.068,000
734,000
125,000
317,000
517,000
248.000
Ana. 82, 1803... 18.600.000
Ann. 15. 1903...12.63H,000
Aug. 23. 190 i... 20 680,000
Aner. 34, 190l...86.i)07.OOO
Aug. 25, 1900... 49.960.000
2.072.000
81.000
4.000
"1,066
40.000
:i9
.^97,000
5
q
.
THE CHKOKICLE.
434
New York City Clearing House Hanks.— Statement of
condition for the week ending Aug. ~2, 1903, based on average of daily residts.
We omit two ciphers (OO) in all casfs.
—
New York
City, Hoston and Philadelphia Banks. Below
of tlie weekly returns of the Clearing House
Banks of New York City. Boston and Philadelphia. The New
York figures do not include results for non-member banks.
summary
a
is
10 omit two ciphers (00) in
BANKS.
I
ui'ilal.
.^/IfCIt'.
Li'tins.
Lfi/a^s
'
Oe/H'sttis'oc.
Bk. of N. Y
MuiiluU. Co
Mttiliiuts'
...
City
Chemical
..
Meroli. Ex
Gallatin
Bnt
l>n>v
A-
U'
Li
1.407.2
12.263.0
ll.,S.i0.i
2.51.1.0
l,41,s,U
12.3.l).0 31-7
19.^90,9
3.5,>;.-..6
2.235,3
21,099 9 20-8
3.i0.9
4.0«.><,0
6S4.0
15.>;-'S.4
7.4.-9.1
139.448,6
23.140.6
J. 045,8
7.764.1
2.097,8
4,024,0
2.181,0
4.423.9
28.906,0
73.465,0
23,102,1
3.217.6
6.003.0
2.353.9
23..-i83.5
,,
Amer. Kicli.
Commerce..
Mercantile
.'..OiKt.O
10.00(.».0
3.000,0
422,7
.
Pacini
Cliatlmm
...
4.">0.0
People's ...
N. .\uienca
200.0
2.000.0
Hanover
3.0(10.0
...
l.imo.o
Irvinn
CitlEens'
l..i.-)0.0
..
Nass.iu
.'lOO.O
Mar..fc Full.
Shoe A:Ltlir
1,000.0
Coru Kxch
2.000,0
Orieutal
l.OOO.cl
.
600.0
...
1.500,0
Imp. it Trail
Paik
Ea.st Kiver
Fourth
Central
J. 000,0
250,0
3.0(K>,0
1.000.0
300,0
Socmiil
First
10.000,0
N.Y..\t.Ex.
Bowerv
1,'
N. Y. to...
Oarniau Am
Cha.se
Fifth .We..
German Ex.
Gemiania ..
I.inniln
Gartielil....
Firth
Bk. otMet..
We.st
.Siile..
Seabo:ir<l ..
Ist N.°klyn
Liberty
N. Y. Pr. Ex
New
.\tiist.
A.stor
Westeru
Total
100,0
250.0
200.0
750,0
1,000.0
100.0
200.0
200.0
300.0
1,000,0
250,0
1,000.0
200.0
500.0
300.0
1.000.0
1,000.0
500.0
350.0
10.000,0
...
:'.
111.6
360,S
515.7
554.3
'
1(1
.
1,^.S94.0
336.0
2 14"^
:fiHi
~
1,719,0
2.099,0
1,149.0
F.C.
$
15.433.0 260
36-1
23.48S.0
13.772.6125-7
3.573.5
1.000.0
Ml-
.•n
2,299.0
6,397,0
2.400.2
lilHt.li
.
f!
2.7t;.s5
2,000.0
2.050.0
2.000.0
2,000.0
1.500,0
1.000.0
25.000.0
300.0
Meiiiaiiios".
America
Pho«nix
S
16.726,0
*
2.405.5
2.376.9
••?
3.781.4
8,067.2
4.459.0
588.6
1.079.2
393.6
2.070.6
6.398.8
1.072.6
671.0
304.9
1.211.7
363.2
3.320,8
842.8
6.026.6
6.867.4
156,9
2,964.5
611,2
1,281,6
13,174.1
886.0
773.7
635,0
493,8
3.690,5
1.643.1
65,S.s
849,8
15..->29.8
43.312.8
6.236,0
7.314.8
2.749,2
6.099.5
5.148.0
25.022,0
5.363.0
22,303,0
56,182.5
1,143,2
15.746,0
8.8h5,0
9,239,0
74,778,9
6,4 77,0
2,765,0
4,310,5
3.474,6
36,369,6
8,439,2
2,871,4
2,944,9
1,2S4.!
1,301,3
10.4 24.4
375.0
2.3-.ls,3
1,413,0
7.355,2
3.j50,0
11,873,0
4.079,0
509.6
1.313.0
57,5.9
1.H5S.0
486.5
.592.0
.508.4
3,267,5
6,861,5
9..^>55,9
4,243,5
5,7j3,9
4.767,0
66,062,0
305,0
3.722.0
7,984,1 121.S-57.3
1,983.2 2l,.855.('
563.1
5. 107.2
665.0
5.092.9
42,6
2.430,2
390.0
3.930.0
3.9.iS,6
872,1
789.2
537,5
294.0
332.6
699,7
5,349,0
9.913.6
2.653.8
286.0
^49.3
275,8
399.1
26-5
2.J-0
2il
.'6-5
26-5
23-8
1.-3
1.7.^7.7 .i4-0
4.218.0 260
1,969.0 24,022.0 30-4
5.693.3 59.52.S.1 26-2
1,322.6 18.698.0 21-2
454.1
3.674,1 JO-1
9(»7.2
6,148.4 28-5
40S.5
150,1
2.437.0 22-9
l.SSl,7 1,606.3 12.861,7 2i-i
10,713,7 6,776.9 54,151,5 32-2
.-..357.(1 22-;
846,4
371.0
559..->
1,277.4
7,767.9 23-6
21-3
305,7
330,2
2. 983.
6.1H9.0 27-7
651.2
1,054,6
167.2
5,934.1' 24-9
1,316,2
4,506,0 3.261.0 30.072.0 25-8
470,4
818,8
4.81U.2 26;)
3,946,0 1,178,0 19.612,0 261
12.238,5 4,744,7 63,-85,5 26-8
144.2
158,2
1.208.0 260
2,492.5 2,944,0 17,846.4 30-4
659.0
1,533.0
9.699,0 22-6
1,310,0 1.167.0
9.781,0 25-3
14,546.3 2.574,1 61,710,8 2V'7
1,055,8
458,4
5,635,6 26-8
361.0
250,0
3.06J.0 200
767,6
383,7
4.679.5 24-5
685,1
188,0
3.390,7 25-7
13,564,1 2,377,2 47,494,5 33-5
192,0
2,389,4
9.352,9 27-5
185,0
585,0
3,241,8 23-7
7*:i,9
419,1
4,737,8 24-2
417,0 " 2.'2,0 10,855,9 24-9
295,9
1,358,6
6.677,6 24-7
409,3
142,5
2.361.2 23-3
394,0
1,511,2
8,242.7 23-1
549.0
320,0
3.511.0 24-7
2,369.0 1,56.5,0 13,977,0 28-1
391.0
834,0
4,359,0 28-1
-'40,0
1,841,9
7.776.5 26-7
4.20i;.8 27-6
9U0,4
261,7
853,5
393,2
5,81.0.8 21-3
830,0
240,0
4,678.0 22-8
16,290.8 3.3JO.S 71.859,6 27 3
110,422,7 129,661,2 917,944,9 174,179,2 75,324,6 19137820 27-3
...
1
t
Total United States deposits included
.ii37,27 1,000.
Reports of Non-Member Banks.—The following is the
statement of condition of the non-member banks for the
week ending Aug. 22, 1903, based on average of daily results.
We omit two ciphers (00) in all. cases.
JJepos
B.\NKS.
Capi-
Sur-
OOa omitted
tal.
plus.
Loans
<jC
Jnvestmeiits.
Specie
t
ABanU
A'otes.
Net
Other Deposits
Agent. liks.Jtc
Clear'
ManJtHrnx
Colonial
Colunihia ..
14th.street.
Ganaevoort.
Hamilton ..
Mt. Morna
Mutual
19tli
Ward
.
Plaza
Biverside ..
State
12th Ward
.
23d Ward
..
Yorkville
..
Fidelity
Vanck
Jefterson
..
Century ...
Waah. H»,t.s
.*
100,0
300.0
100.0
200,0
200,0
250,0
200.0
200.0
100,0
100.0
100.0
200.0
100.0
100.0
200.0
100,0
4OO.0
«
207,4
271,5
102,6
57,1
120,8
112,5
191,7
194,6
239,4
108,3
492,4
99.1
93,6
265,2
113,2
60,4
239,6
10(1,0
53.2
100,0
TJiuted Nat. 1,000,0
116,6
20^,6
23.4
118.7
116,9
23,5
27,9
192,0
* o
200.8
108,0
67,5
107,7
83,4
76,9
193,7
117,6
178.0
11,4
63,5
417,0
45,0
238.0
181.0
130.9
179,6
.$
1,926,0]
3,356.0
1,511,9
1,733,8
2.239,8
2,016,6
2,210,2
1,271,8
2,779,0
1,109,6
6,710,0
1,483.0
1.222,0
1,814,2
61 2.4
.837,1
1,802,1
351.4
576,2
1,946.7
.
40,3
154,0
80,1
52,5
33.3
9,3
4,9
38,6
59,8
65.7
17,5
5.2
5,1
$
255.9
242.0
305.5
A
237,4
97,1
ii,i
100,0
54,2
199,6
133,8
130,6
346,1
216.0
56.9
97.0
86.0
139,5
183.0
40,9
72,7
180,2
11,0
184,9
•23,4
6.5,6
4-2.3
57,3
151,6
58,5
34,3
77.3
417.5
42,9
344,0
218,0
60,2
70,0
51,9
310,4
211,4
39,8
425.4
319.4
111.6
693.0
l,79i),7
i'26,6
45,6
381,0
40, 7
1,8
31,6
5
92,4
11,8
82,7
3,0
2,410.6
3,338.0
48,1
1,844,9
2,515,5
2,502,0
2,302.6
1,572,0
3,042,0
1,122,6
7,177,0
1,838.0
1,498,0
1,901,2
544,8
868,5
1,409,7
356,7
442.0
1,127.7
Brooklyn.
.
Brooklyn ..
8th Ward...
MIr«.'-Vat..
Mechanics'
Merchants'.
Nassau Xat
Nat.
(;ity ..
North .Side.
Peoples
17th Ward
SpratcueNat
.
Union
Wallabout
Borough ...
.
4.5,9
2.022,5
1,448,2
344,4
2.926,8
5,415.8
880,1
653,9
3.607,1.
.59.5.0
268,2
122,3
70.3
86,4
2.901.0
864,0
1,263,4
612.0
912,3
1,322,2
782,9
978,7
75.6
106.4
400,0 1,039,8
115,0
300.0
100.0
252,0
500.0
100,0
300,0
300,0
100,0
100,0
100,0
200,0
200,0
100,0
200,0
316,9
25,0
100,0
16.5,0
20,0
531,3
391.7
165,7
160,9
8.5,0
4,1
347,6
144.2
9,3
200,0
141,0
11,5
49,0
7.8
108,0
43,5
34.2
9.6
h7,0
26,5
49,0
540,9
727.5
22,0
35,6
15,0
10,0
4,299,6
178.8
449.1.
41.9
85,6
71,0
183,7
68,9
44.^2
67,3
26,2
6.0
2,153.1
1,519,7
Other Cities.
lstNt.,J.C.
Hu'lHon Co.
Nat. J.C.
2rtNat.,J.C
N. Y.
2.50, i;
3(1
200,0
'{d
125.0
Nat., J.C.
1st Nt., Hob
Nat., Hob
Tot.
Tot.
Ang22
Aug 15
TobAoK
110,(.
639.2
290,0
270,5
622,7
142,8
2,340,4
1,153.5
1,073,9
2,5»W,9
1.077,5
909,857.7
912,272,5
903.335,3
913,782,0
Clearings.
S
43.862.0 1,240,665,4
43,916.9 L,249,434,'.J'
43,930,3 1,145.184.0
43,968,0 1,105,338,5
>\-
BOM.
.^»e:
.\\ta\
8
52,322,0 184.618.0
.52,32'>,0 185.084.0
52,322,0 183,286,0
.\u!;22
Piiiln.
.Viii;
8
.\\i!:15
.\na22
6,330,0 203.657,0
6,053.0 201,648,0
6,900,0 198,620,0
1,5.942.0
15„>^S0.O
14,637,0
44.764.0 183,278.0
44.764.0 188.674.0
44.764.0 182.851.0
125,212,0
125,563,3
120,149,9
203,286,0 11,306,0
204,780.0 11,327.0
205.125,0 11.315,0
49,803,0
62,270,0
53,103,0
6,597,0
6,625,0
6,658,0
111,254,3
97,196,3
101. .863,5
Boston and I'hiladolphiu the item "duo fo other banks,"
and also Government deposits. For Boston these Government deposUs
auioiinted on Aujiust 22 to ,$6,338,000 on August 16 to .$6,320,000.
t
lucludiuii; for
;
—
Imports and Exports for the Week. The follovring are
New Y''ork for the week ending tor dry goods
Aug. 20. and for the week ending for general merchandise
Aug. 21 also totals since beginning first week January.
FOREIGN IMPORTS.
the imports at
;
J-
or week.
1901.
1902.
1903,
Dry Goods
General Merchaudise
1900.
Jan.
.Since
$2,614,^50
9.5S7.800
^2.050,517
8.529.057
.$2,310,755
6.684,498
$2,083,230
7.696.535
!j;l'J,15-2.656
Total
$11,180,174
i}:8,995,253
$9,779,774
.$89,406,681
305. 120.772
.f81, 852,887
$09,131,182
295.136.588
$80,109,553
277,346.115
1.
Dry Goods
General Merchandise
Total 34 weeks
280.(>24.605
$394,527,453 .$362,477,492 $364,207,770 .$357,455,068
of dry goods for one week later will be found
our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the por<^ of New York to foreign ports for the
week ending Aug. 24, and from January 1 to date.
EXPORTS FRO.M NEW Y'ORK FOR THE WEEK.
The imports
in
1903.
For the week
Previously reported..
Total 34 weeks
1902.
1901.
1900.
$9,073,315
311,027,043
.$9,136,381
297.553.267
$9,908,914
332.112.641
$13,135,690
341,480,380
$320,100,958 $306,089,048 .$342,021,555 $354,622,070
Note.— As the flgiires of exports as reported by the New York Custom
House from week to week fre(iuently show divergeiico from the monthly
totals, .also compiled by the Custom House, we shall irom tune to time ad,ju8t
by adding to or deducting from the aniouur "previously reported."
tlie totals
The following table shows the exports and imports of
specie at the port of New York for the week ending -'Vug. 22
and since Jan. 1, 1903, and for the corresponding periods in
1902 and l901.
EXl'OHTS A.XD IMPORTS OF SPECIE AT
K.KPORIS.
Gold.
Great Britain
Fra u cc
Geniiauy
1.
$20,289,!r8^i
3,076,535
1,?31,980
43,537
Indies
ii\,ObO
NEW
Y'OUK
IMPORTS.
Since Jan.
W'eelc.
7,66.s,312
Week.
Since Jan.
Total 1903
Total 1902
Total 1901
Silver.
Great Britain
$11,050 $32,820,651
510,785 2.5,506,495
3,260
29,205,781
82,929,154
$15,371
16.874
56,581
$3,710,088
1,598,230
20
151,362
173,786
412,707
43,059
1,818,54'J
$44,000
$350,225 $17,536,105
1,870,069
Franco
Germany
West Indies
1.
39
20
4.380
544
10,388
10.300
All other countries
526
•2,000
sit'T
148,621
Atexico
South America
]"i';5;8'2(';
All other countries
"$i;089
6,972
•iaVs'T
809,264
880.460
Total 1903
Total 1902
Total !901
•
351,122 $20,609,681
604,:-i70
'.il. 578. 606
665.950 31.058,835
600
-173,938
3,464
$8,061
4.451
SI,059. 679
48.519
845,952
2.432.390
Of tlie al)Ove imports for the week in 19U3, $4,280 were
American gold coin and §1,014 American silver coin. Of the
exports during the same time SLl,Or)0 were American gold
com and $
were American silver coin.
Auction Sales.
414.0
40,0
10,0
23,0
124,0
2ll,5
62,5
19,4
78.0
128,5
41,2
30,0
6,194,0
956,2
4.081.0
3,271,0
947,5
—See page preceding.
^uniuug and
584,8
94.5,0
1,337,0
756,9
870,1
24,5
603,9
756,9
291,2 1,349,9
345,1
60,6
160."
58,5
1,889,7
60,6
55,3
129,2
28,3
17,4
114,
10,3
81.2
•20.1
169.5
69.6
26,2
11.4
30,3
NEW
INVESTMENT SECURITIES.
9H1.0
476,.".
Co.,
A: PIIMK STKKKTS,
YOUK.
Transact a general banking; business; act as Fiscal
Agents for corporations, and negotiate security
issues of railroads and other companies.
Execute
commission orders and deal in
\VII.I.IAITI
5,641.0
71,1
H^'iiuiucial.
Trask &
BANKERS,
Spencer
1.303,1
75,8
194,7
2.36;(,5
31.8
80.786.2
77.813.3
76.760,5
75,324,6
•1!
1 239.091,6 908,864,5 170,738,3
8 240.083.9 912.697,1 171,841,9
.\uk15 •J40,083.9 908.345.6 170.630,9
A\ic22 240,083,9 917,944,9 174,179,2
Members
250,0
Circulation.
3,^2(;i.5
Boronijh of
Jiichiaond.
Bk. of St. Is
l8tNat..S.I.
De.
posits, f
.'Specie.
Mexico
South America
9i
Borough ol
Broadway
Loa^is.
all these rit/ures.
Legals.
d-
Aug
Aug
West
N. Y. CITT.
Boroughs ot
Capital
BA.NKS
with
Leg. y.
LXXVII.
[Vol.
...-^
1.474,9
Moffat
Itlfimberit
1.094,4
Branch
N. V. Stock KxcbaiiKe.
Office,
65 8tate
St..
Albanf.
& ^A^HITE,
New York
Htock ExchanKe.
NASSAU STXtEET. CORNER WALI..
Dealers in Investment Securities.
1
8,612,0 101133 77 582.3 3,341,5 14.411.4 8 726.0 2,417,9 83.016,7
8.612.0 10113.-! 77.824,7 3,364.6 4,609.5 ,8.606,6 2.383,2 83,489.5
4.31-2,1 9.676,4 •2,270,1 84,458,6
8 »,«12,0 101133 77,959,1 3,269,0
I
TeL
5b2C •5821 CorllanJL
Telepbone !$:ock« a Spedaltr.
—^
-
August
THE CHRONICLE
29, 1903.J
^anUers^
I^ JHfitUndt se* pagt
(Saj^ettt*
./jj.
FUIUAV. AUG. 'iiS. lW03.-a f. m.
and Financial Situation—The volTlie Monay Market
ume of busiuess at the Stock Exchange has been so small
and the movement of prices so unimportant that a record of
WAL.1. etTKEBT.
the transactions in detail is likeljr to attract but little attenThere has been a tendency towards equilibrium in the
tion.
case of a few issues recently more or less erratic in move
ment, but otherwise the markets have been practically featureIn these particulars there is a sharp contrast between
less.
this and previous records for some limepis*, and brokers and
others, instead of being called hurriedly from summer resorts
to look after important interests in Wall Street, have had
little in the way of business to prevent their viewing the
International yacht races or indulging in other recreations.
There has been no news that apparently aflfected sentiment one way or the other, unless it was a statement made
public late yesterday that the Secretary of the Treasury had
a plan to relieve any money stringei cy that may occur later
in the season. This is said to have been the cause for a firmer
market tone to-day. The foreign exchange mar net has been
dull and somewhat easier, with a slight falling off in rates.
The money market is practically unchanged.
The oi>en market rates for call loans on the Stock Exchange
during the week on stock and bond oolla'erals have ranged
from 130 to 2 per cent. To-day's rates on call were IJ^ to
2 per cent. Prime commercial paper quo'ed Mt 6 per cent for
endorsements and 6@6J^ per cent tor tne best siogie namt-s.
The Bank of Englana weekly stiicement on Thursday
showed an increase in bullion of £363,75) and the percentage of reserve to liabilities was 48 25, against 47 16 last week,
the discount rate remaining unchang'-d »t 3 per cent. The
Bank of France shows a decsrease of 1,325,000 francs in gold
and
2,750,000 francs In silver.
The New York City Clearing-House banks in their statement of Aug. 23 showed aa increase in the reserve held of
$2,108, 4U0 and a surplus over the required reserve of
$21,058.3)0, against $21, 56-5,575 the previ .us
}9t)3
C«p«al
Surplus
THfftr«nc$s
Aug S3
prtviofis tot*lt
week.
1»02
Aug. 23
from
100,073 70(
110,423.700
129.661,200
Aug
9i
81.722 700
96,061.700
837,837,400
29,007,600
968,149,600
182.936,6)0
77,268,900
Specie
Iiegal tenders
174,179.200 Ino
76,324. eOOjDeo
8,648,300
1,441,900
114,637,101
918,887,9J0
32.414.900
948,269.800
171,662 200
75,348,600
Beserroheld
26 p. o. ot deposits
249,603.800 Ino
228,446,600 Inc
2,106,400
3,611,673
237,067,450
260,185,600
242,037,400
Sorplna reserve
21,058,800 De«
606,276
9,743,360
18,148,100
&
(tisoonnts
IiO«ns
Olronlation
Net deposits
917,944900 Ino 9,699,300
37,700
43,968.000 Ino
•913.7S2,000 Ino 10,446,700
246,810,8011
•87,371,000 United States deposits included, against S37. 235. 600 last
W*ek. With these United States deposits elimiaated, the surplus reserve
woold IM S30.376.050 on Aagust 23 and $30,872 4<0 on August 16.
KOTB.— Beturn.s ot separate banks appear on the preceding page.
—
Foreign Exchangee. The market for sterling exchange was
strong edrly in the week, but it grew easier after Tuesdaj%
influenced by offerings of finance and security bills; it
closed steady.
To-day's (Friday's) nominal rates for sterling exchange
were 4 84(3 4 84)^ for sixty day and 4 86i^@4 87 for sight. Today's (Friday's) actual rates for sterling exchange were 4 8310
@4 8325 for long, 4 86@4 8610 for short and 4 8630v§4 8645
for cables.
Commercial on banks, 4 82%@'k 83, and docnments for payment, 482i^@4 83?^. Cotton for payment, 4 82^^
@4 82%; cotton for acceptance, 4 83^4^4 83, and grain for
payment,
83i^@4
4
835^.
To-day's (Friday's) actual rates for Paris bankers' francs
were 5 19%@5 IS^^* for long and 5 173^@5 16;gt for short.
Germany bankers' marks were 94^@94 15-16 for long and
95%@95 7-16t for short. Amsterdam bankers' guilders were
40@40Tr for long and 40i^Tr@40 5 16t for short.
Exchange at Paris on London to-day, 25 f 143^c. week's
range, 25 f. 15}^ c. high and 25 f. 14}^ c. low.
The week's range for excharge rates follows
.
;
:
-Long.-
aurling Actual—
High... 4 8350
9 4 8360
Low.... 14 8310
-9 4 8826
4 8615
I
JParit B»nktrt'
Hl»h... 6 1938
-CmtU$.-
-Bhort.-
o
4 8590
9
5 16Tgt
Franet—
4 )<626
4 86
I
957, at
1
9538
6
\9%\
AmtUrdam
High...
I<M8:
*
9
4 8665
4 8610
-» 95Ti,t
I
®
5 18>4*
-a 6
il7»a
li'^i
0«rmai%« Banlurs' Maria—
94T,
Hl«h...
® .941*..
94T»
Uaw....
® 94i»i«
I*w... .
4 8625
«6 16T»t
« 6 16^8*
9 95T,e
I
Iioir....
4 8660
I
I
»
Banlctri" fh^ildiert—
•
«
40
40
»ie 01
1%.
t
4011
4011
ist ot
40i«Tl
I
40'«
I
1%.
*
9
40 "411
:
11
State and Kallroart BondH.— No sales of State bonds have
been reported at the Board this week.
Infrequently of late have the sales of railway bonds during
a five hours' session of the E.xchange been less than $1.000,
000 par value. On Tuesday they amounted to only a little
over $S00,0l)0 and for the entire week have averaged less
than $1,100,000. Add to this the further tacts tliat in only
two or three cases does the change in quotations amount to a
full point, that these changes are about equally divided as to
higher and lower prices, and it may readily be .seen how narrow and devoid of interest the market has been. Wabash
debenture Bs recovered over a point of their recent heavj'
decline. Pennsylvania convertible 33oS,Third Avenue cons. 4e,
Burlington & Quincy joint 4s, Union Pacific convertible 4s and
United States Steel new 53 have been relatively strong. In
addition to the abo^e, Rock Island, Reading, Baltimore &
Ohio and St. Louis & San Francisco issues have been some-
what
active.
United Stitpn BoinlH— Sales of Government bonds at the
Board include $13,000 5s coup., 1904, at lOlJ^; $1,000 3s, reg.,
1908-18, at \0^%, and $300 3s, coup, (small bonds), at 106^.
The following are the daily closing; quotations; for ytixrly
r :nO' »ee. t^itr<^
oaae foliovunQ.
Aug
Aug.
H4
96
ii6 ol
1%. •*
i»s ot
1%.
The following were the rates for domestic exchange ou
New fork at the under-mentioned cities to-aay: Savannah,
buying 50c. per $1,000 discount, selling 75o. per $1,000
premium; Charleston, buying par, selling $1 per $1,000
premium; New Orleans, bank, 7oc. per $1,000 discount;
commercial. SI per $1,000 discount; Chicago, lOo. per
$1,000 premium; St. Louis, par® 15c. per $1,000 premium;
San Francisco, 1%<2. per $100 premium.
Aug
P»ricAt
Aug.
3H
Q—Jan
Q—Jan
106 »« *106»« •106 "g •106"^ 'i06V*ioe»4
>ioe>* *106»s •106 >Q '106<^ 106V'106»«
Q— Feb
Q— Feb
Q— Feb
small
coupon Q— Feb
registered Q— Jan
coupon Q— Jan
registered Q— Feb
coupon Q— Feb
registered Q— Feb
coupon Q— Feb
*106»a •106 >a •106 >a *106>3 •106>a 106»4
-106 la •106 >a •106i« •106 »3 -106 >« •106>»
Int*r$at
registered
28, 1930
coupon
in, 1930
>8, 1930 .smaJ.registered
coupon
18, 1930 .small
registered
88, 1918
coupon
1918
88,
38, 1918, small.reglBtered
Aug.
I
1918,
48,
48,
48,
48,
58,
Aug.
lie
ibes •ibeJ* •106»« 106 H) •106 la
•109
•109
•109
•109 '108
1907
•109
•109
-109
'109 109
1907
•134
•134
•134
•134
134
1926
'134
•134
•134
•134 134
192S
1904
•101>s •lom •lOlij •101\. 101 »a
lOlVj •iom> *101»i •101 ij IOII3
68.1904
•This 18 tbe price bid at the morning board; bo Mt« was made
38,
*108»a
•109 >4
•109>4
•13394
•134
•lom
•101 V?
Railroad and Wls«ell<ueonp Stocks.— The stock market
has been exceptionally dull and narrow. The trinsactions,
which on Monday aggregated less than 300,0')0 shares,
steadily diminished until on Thursday they were only about
one-half that amount; and the total for the week is the
smallest in recent years. To-day's market had a firmer tone
and closing quotations show a small net gain in most cases
With few 'exceptions, price changes are wholly without
Canadian Pacific made a further recovery
significance.
of 2J^ points from the decline noted early in the month.
North West, also moved up 3 points on the sale of a few
shares, but is still over 100 points below the high record of
The " Soo Line" preferred advanced a point, but the
1902.
common was weak notwithstanding the fact that a dividend
of 2 per cent has been declared. New York Central has been
weak. Atchison advanced, and Pennsylvania closes over a
point higher than last week.
The miscellaneous list has been more irregular. Anaconda
Mining fluctuated over a range of 14 points and closes with
a net gain of 10. Colorado Fuel & Iron covered 7^^ points on
limited sales. United States Realty preferred suffered a
further loss of nearly 4 points and Virginia-Carolina Chemical over 2 points. United States Steel issues. American Sugar
Refining and General Electric relatively steady.
J'Vm' aaily volume of &u8i-)„c.M> see page 444,
The following sales have occurred this week of shares ntt
represented In our detailed list on the pages which follow
dTOCKS
WteK Ending Aug. 28
Amer
Steel Foundries...
OhlcInd(& liOnlsvlUe...
Consol Gas rights
Homestake Mining
Nat Enam <& -tiamp
Preferred
NY
Lack <S> Western....
Northern Central
Standard Mining
Ont»ide
Haiti
for
Jtange Jot Wttk
B»ng» «<iM«
J'a*. 1.
fVeek
100
100
25,098
100
100
76
100
160
100
Aug25 10 Ang2B
Aug27 73 Ang27
10
73
10 J'ly 20 Jan
73 Aug 73 Aug
I'eAug
2'aAug
66 Aag}8
66 Aug 65 Mar
25 Aug22
20 Aug 36 Mar
SSiiAngSx
86 J'ly 93 Mar
133 Ang27 183 Aag27 138 Ang 188 Feb
190 Aug 28 190 AngJ8 190 Aug 190 Aug
TgAug27
I
3-.^0
Ang26
Mark -it. -Extreme
2>2Aug28
56 Aag28
25 Ang22
88>4Ang28
2-60
Ang26
2-60
Aug
8-50
Mar
dulness has prevailed in the
market for unlisted securities this week, and the tendency of
prices generally was downward until to-day, when slight
improvement was shown. Dealings in Northern Securities
stock have been very light, total transactions amounting, it
is estimated, to only about 4,500 shares.
The price moved
up irregularly from 8734^ to 89-3^. Seaboard Air Line com-
mon
declined \\^ points to 21, but rallied to 21^^ at the close
to day; the preferred dropped from 35 )4 to 34. American
Can preferred advanced
points to 44, but subsequently reacted to 43; the commoa ranged from 4 to 4^,
closing to-day at the high figure.
Consolidated Lake
Superior issues declined on reports of proposed heavy assessments on both the common and preferred stocks.
The
common fell off from 2V^ to Y^ and closed to day at 15-16,
while the preferred sank from l\i to 5^. Standard Oil adElectric (w. i.)
vanced from 607 to 625. United Gas
moved up from 15^ to 3^, and closed to-day at %%. The
advance in this stock was attributed to the report that a very
considerable amount of the stock of the Bay State Gas Co.
had been deposited under the plan which provides for taking
it over by the United Gas
Electric Co. International Mercantile Mai ine common declined from 43^ to ?>%; the preferred dropped from 173^ to 14, but rallied to-day to 15; the
underwriting certificates sold on Thursday for the first time
at 95. Greene Consol. (Jopper moved down from 1934 to 18%.
Outside quotations will be found on page 444.
2%
&
40*16*
«M ol 1%. Plus
436
&
.
.
New York
Saturday
A.u,j.
SS
*6T
S3
60
6l\
60V,
•86 S» 87V,
44
44>,
Mtyniia\
I'uesaai/
Aug. 24
-.'J
Aug. So
•SO
•57
ec-j
88»i
125
61
165
33
".J
•21
•63
JJ^j
65
«
20i»
•115
140
85
60
61 Sf,
el's
.""S"-
8S4
^l•^^
•Se'-j
82
43»4
44
135
160
62^
SI 34
133
140
124
•60 >5
•159
82 Kj
•30
•57
S3
60
»s
.s7
.^9»«
82 -'4
86 4 86 4
4534
44»4
•133
Wednestlay
Aug.
•30
•57
62 4
89
82 4
}^7'4
89-4
87V,
17
16'2
•.s4>-j
•7-J14
"4i«
\<o^i
85
73
73
•28'2 30
16=11
174
'I6I4
17'4
-71=8
734
*29
1404142
173
165
-172
165
173V,
•118
•160
118
150
127
170
118
160
126
170
10
10 S.
21
6
•4Vj
*19>-j
73 ^a 73^4
'105 110
13-«
13',
•50 Vi
5l>..
22>-j
•2l^j
1«4
•76
•17
134 144
•51
52
29
29
39 Tg 14034
172
663<
lifo^
•50
•49
•78
•45
»165
•68
•78
132 "a
20
52
65
82
GO
180
79
24
72
82
132 Si
21
>s
•29
•68
22
32
70
22
*37<a 40
•20
30
•44
55
•28
34
•93 110
•60
67
•10
19
•68>4
69
•10
•12
124
•10
12 4
66
66^4
*49 4 514
•48
49
•78
82
•45
60
•165 178
78 '4 78 '4
•67
71
•78
82
132 4132 4
"21
22
SS
38
•38
•20
•44
•27
•95
-60
70
22 >4
39 '4
30
45
33
110
66
103^104
1034104
133 U
133
133'-.
774
T9
1134113»4
•20
25
60
•59
15
14'8
•120
•59
•86
135
133 4
80
111^4 113
•20
25
59 66
77
144
120
14*^
120
62
92
."17 4
60
129 129
19->4
•19
414 414
92 ag
94
100
40
•22'% 25 4
•92
40
77
•16
57
57'»4
I28I4 129
19 4
19
41°s 42
9l»a 93
163
34
22
65
200
140
•n
*U
2914
19
154
30'
66 4 67^4
51^4
48
•78
•45
170
521,
124
2934
67
10
IS-s
-10
•14
14
30 14
66
674
514 52 4
'4
•48
82
60
175
11
19
19
50
*45
160
70 4 70*4
•80
82
133 1334
•20
21
38
38
67
•21
'38
•20
•44
•28
•95
71
23 4
39 »4
26
45
33
110
60
66
103410434
134 I35I4
•77
78
112 112 4
•20
25
•59
06
14'4
14=8
•120 ....
•58
62
•86
92
67 '4 574
•129 130
1934
20
42
42 ^4
94 14
924
•92
'60
•95
78
•66
•80
133
21
50
82
60
175
67
71
124
154
14
2938
29 V4 30
66»8 67 14
51
514
45
•160
674
5138
49
•78
•45
•160
50
82
60
175
48
73
71
824
133^4
21
394 394
•29 4 334
-'67
23
38
25
•44
•27
•95
7934
2
394
254
45
30
110
2T^
634 644
644 644
•9
11
•9
11
•9
11
•36
•14
40
-35
•14
40
•36
•16
68
10434 105
•60
17
Do
•67
•21
&
Quinoy..
Chicajcoifc Kast.
111.,
pref.
&
Pacittc
Do 2(1 pf. vot. tr. ctfs.
Delaware Hudson
cfc
74
Detroit United
124 Duluth
15 4
Do
So.
Shore
Atl..
<8:
pref
30^% L^rie.
J-iDo
67*4
1st pref
pref
Do 2d
52 4
5034
Kvansv.
Do
82
60
175
& Terre
Haute..
pref
Ft. Worthifc Den. C.,stinp.
Great Northern,
78
113
•20
•59
71
i)ref
78
113
25
66
•28
•95
63
98
264
'28
Do
7734
•60" '63" '62" '62"
•95
70
•95
66
99
•68
99
284
65
6834
26'%
6434
65
6834
2734
6434
70
2634
•38
•14
16
16
65
-9
'36
•14
39
28
65
•104 12
104 104
Erio<& Western...
pref
Shore
77'4 iTXetrop. Secur., sub. rec.
11241144
Metropolitan Street
Met. West Side El. (Chic.)
•20
63
99
27Vi
17
Lake
. .
77
•112Vi 11334
-20
25
25
•59
•59
66
66
144 1434
144 144
14 4 14 4
120 129 •120 1203. •120 136
58
62
•58
61
62
61
•86
•88
92
•88
92
92
58
59
58
5759 57'%
58
129 129
129 129
129 129
19 4 204 -194 204 •194 204
42
•4134 42
42
42
423s,
934 94''a 934 9334 931% 9478
•92
•92 100
98
•92 100
•404 4138
41
414 404 41
•68
70
Keokuk & Des Moines...
Do pref
26
60
33
105
54-% 5578
55\ 564 544 5538
564
•784 704 •784 794 •784 794 •784 794
•68
Kansas City
<fe Mich. South'n
•60
67
Long Island
104 4105 4 Louisville <fc Nashville...
1344134-8 il /[ anhattan Elevated
67
77
ctf.A
C.Ft.S.<feM.,tr. cts. pfd
So. vot. tr. ..
Do pief. vot. tr. ctfs.
2234
394 394
•20
•44
40
12
16
Lowest
Year (iy02)
Highest
Lowest
Jiigheat
Do
pref
Mexican Central
Michigan Central
Minneapolis
Do
<fc
Louis.
St.
pref
& S. S. Mane.
Do pref
Mo. Kansas & Texas
Minn.
Do
S. P.
pref
Missouri Pacific
Nash. Chatt. <fe St. Louis
at.of Mex. non-cum.pf
Do 2d pref..,
N. Y. Central & Hudson..
N. Y. Chic. €& St. Louis...
Do Istpref
Do 2d pref
X. Y. N. Haven & Hartf
N. Y. Ontario ct Western
Norfolk <& Western
,
,
Do
atljustment, pref.
Pacific Coast Co
Do Istpref
Do 2d pref
Pennsylvania
Peoria <fc Eastern
Pcre Marquette
Do
May23 41
33
60
54
J'lyiO
33 Feb 48*4 May
63 Jan 77 4 May
744 Jau 96'% Sep
95 4 Jan 106 4 Sep
92 's Dec ll84Sep
69
4,48li
Aug 1(1
37-6
Dec
it2
714Febl7
99
Sep
Nov 7238 J'ly
8 150
Feb 9 110 Apr 128 Aug
145 Jan 1(1 160 Feb 9 139 Apr 1 45 Sep
2i',3ti'6 1174J'neI0 138*4 Feb 10 1124 Jau
1454 Sep
300 58 Aug 6 "84Jan 5 71 Dec 97 May
156 4 J 'ly 27 190 Jan 19 165 Nov 198 Jan
i'.ilO 27 4 Aug 6 534 Jan 19
4 2 'g Dec 57 4 Sep
1,925 19 Aug
374 Jan 5 29 4 Dec 4 5'% J'ly
61 Aug 1(1 73 4 J an 7 68 Nov 79 J'ly
5170 J'ly2y J184 M:!U-12 n91 J'ne {205 Jan
105 J'ly25 1384 Jan 29 l;!6 4Sep 151 J'ly
1,874 13 Aug 6 29'% Jan 9 22 Dec 35 Aug
466 So Aug 5 90'8Janl3 89 4 Nov 95 4 J'ne
500 71 May2() 85 4 Jan 9 hi 4 Dec 904 J'ne
100 26 4 Aug 6 46^8 Feb 5 33 Dec 51*4 Aug
I08,;!io 13 4 Aug
183 4 Jan 7 1604 Jan 19834 Sep
600 168 AugH 1944 Jan 9 186 Jan 20034 Sep
881 ir)4 4Aug 8 2244.'anl4 204 4 Jan 271 Apr
10 190 Aug 8 -'50 Jan S 230 Jau 274 4 Apr
200 124
.•1434
J an
t'l
))ref
Chicago Burl
Do
del), ctf. B
704 Hocking VaUey
•804 82
Do pref
133 133^8 illinois Central.
«204 204 owa Central
-384 40
Do pref
I
-294 34 Kanawha <& Michigan..
10441044
13441344 134 134
40
16
Now Jersey...
•67
-67
71
81
§81
132 41324
•20
214
•38
40
•294 34
*67
71
•20
2234
•38
394
25
25 4
•44
60
•27
30
•«5 110
Kanffe lor J^revioui
t>
Chesapeake A Ohio
Chica.tjoife Alton
L.
•60
•61
•95
64 4 64*4
26*B
...
Green BaycfcW..deb.
62 '8 62 •'h
•95
99
54 >« 54'h
"7s4 81
•68
70
26>3 27 14
63
98
&4V. 55
81
«81
•68
694
prel
Central o(
165
•92 100
100
40
40
40 >4 404
•22^4 254 •23
25
244 244 244 244 ?26
26
1 -.'134
121^4 122^4 120 'a
119'!8l214 12041214 12038 12034 12034 122
•23
25
•23
•23
25
25
•23
26
4 25 '4 25 >4
25
26
•100 110
100 110 •100 110 •100 110
•100 110
*100 110
-58
•58
•58
-58
•58
61
62
62
62
•56
65
63
195 198 •195 198
•195 198
•195 198
*1947el99 •195 198
22''8 23
22^4 23 V,
23 4 2334
2334 24 4
231% 23 7^
2339 2334
6234 63
62
62 4
62 4 62 4
634 63 4 62 4 62 4 6258 63
•86
•86
•86
89
89
•86
•86
89
89
•86
89
89
•45
•45
•45
•46
•46
48
48
48
47
•46
47
47
•85 105
•85 105
•85 105
•85 105
'85 105
•85 105
»52
•63
•53
•52
60
•52
58
58
58
•52
59
59
1231412334 122'% 12334 1234124'% 12334 124'b 123 124
123412434
•21
•21
•21
•21
53
24
25
•21
25
21
21
23
•
•70
79
...». 79
724
77^8 77^8
7734 7734
•95
:>auta
<fi!
184
Kaiif/e /or Year IHOH
basis 0/ 100-sfiare lots
On
Jan 10
Jan 21
Fe 160,50(
Auf;l(i 89^8 Jan 10
1.536 84-'ViA«Klt' 103 4 Jan 10
18,628 774 Aug
104 Jan 9
460 82J| .Tlv2^ 163, Feb 11
elaw.
& West'n.
22" "26" Denver Lack. Grande....
Rio
78
78
Do pref
164 16 4 Des Moines & Ft. Dodse.
104 10 >" Detroit South. vot. tr. ctfs
184 18-%
Do pref. vot. tr. ctfs.
25
77
•294 31
•67
20
Do
&
^ Do
•214 224
H65
164
245
11
294
Topokiv
Do prot
Rock Isl'd
22'-"
161
•235
18
69
28^%
Oaltuuore.fc Ohio
127
170
224 224 •214
IS
»08Vt
16
83
87
200
Chic.
•118
•150
*10
•67 Hj 69
•10
12 '2
•13
16
28'4 29 4
173'4
•77
794 •77
184 •15
17
•16
11
•10
104 11
76
.\tcli.
1634 17
Clucaffo Ureal Western..
•85
86
Do 4 p. c. itebeutures
•71
73"%
Do 5 p. c. pref. "A"..
•28
30
Do 4 p. c. prof. "B"..
14038 1 42 »4 Chicago JJilw. & St. Paul.
172 172
Do prof
166 166 Chicago & North Western
16541654
165
Ann Arbor
Do pret
63'^
S9Vi
118 127 Chic. St, P. Minn. & Om.
-150 170
Do pref
10
IIW 114 114 •104 114 10
114 Chicago Tenu'l Transfer.
20
21^4
21
22
•20
22
19 4 22
Do pref
•4 '8
5
5
5
5
•4^8
6
6
Chicago Union Traction
•30
•30
35
35
•30
35
30
35
Do pref
73 's 7334
73 14 734
72
734 71
73 Cleve. Cin. Chic. <fc St. L
105 110 •105 110
'108 110
•100 110
Do prof
•14
144 144 144 •14
144 •1334 144 Colorado & So., vot. trust
•51
52
52=8 52»8 *52
53
52 4 53
Do 1st pf. vot. tr. el's
214 214 ^224 224
76
734
1
165
165
164. 167
166 166
'235 245
•235 245
•235 245
23^4 2334
2438 "2438 •24 4 26
lii4
245
25
78
19
Ms
ii7"'i26
150 175
•71=8
35
62
&
lii'-i
the
tVeek
Sliares
Knilroailn.
pret
4534 Brooklyn Kiipid Transit..
134^8 135
Bultalo Koch.
Pitlsb'g.
140
Do pref
126 4127 4 (Canadian Pacilic
60
6O34
-'anatla Southern
853,
30
l'.n)4 141^4
16^4
•844 85
STOCK
EXCHAXU E
454
44'e
85
*S4 4 85
73
73
•29
30
163
5
44'>8
133 135
140
126V,126»4
173
•73 Sj 74
»105
8.>Ja4
82
^2^4
•86 '4 87 »4
44 V( 45^8
•28
30
13f -sUm. 13S>>8141
173
172 Sj
*lT2>-jl73'^
163 163
•162Hil<i5
{207 207
11
•57
6238
89 4
8238
87
125 4126
126 127V4
60 "e 60 '» " tiO^i 61
'59^» 60 4 •59^4 604
'159 163
164
•159 163
159 163
i:>9
3-234 334
33J4
32
334 33<^ 33
33 >4
•Ll'4 22
22
23
22
23
21^8 21 '„
•J2
•62
•62
65
•62
65
65
•62 4 ^o
•62
170 ....
'170 200
•170 200
170 200
170
110 130
'115
130 •115 130
120 135 •120
S>5
21
5
88^4
82 '»
•30
35
60
62 Sh
i:.S
:_"•:
•84
11
•19>a
Auy. 27
•30
•57
62
35
60
63
STOCKS
XEW YOKK
fridav
Aug. 2S
Thtirstiai/
j
\-Zi\ 125'e
•16^1
128
170
\
:i6
135
160
140
.
Stock Exchange-Stock Record, Daily, Weekly and Yearly
<»rcui'Yix<; TWO »'a»;ks
AND LOWKUT SALK PRJCES
STOC£S-JiJGJl£ST
2
.
1
>'
147
117
J'lv20 -'u04Jan 9 l.->2 Jan 206 Sep
J'ly 14 162 Jan 21 140
Feb 1 70 4 Apr
Miiyll 194 Jan 5 194 79 Nov 210 Apr
s Aug 5 19 79 Jan 9 15 Doc 2478 Aug
2,000
2,600 17 Aug y 36 Jan S 29 Dec 44 Sep
400
3
Mfty23 174 Jan 12
1034 Jan
23 Apr
30 Mfty.'2 5034 Jan 14 4434 Mar 60 Apr
1,200 66 .\uglO 9939 Jan H 93 Nov 10838 Aug
1134J'ne 8 119 Jan 27 lis Jan 124 4 Sep
1,000 10 J'ly 24 3l4Jan 10
14 4 Jan 3534 J'ly
410 44 4 Aug S 72 Jan 9 594 Jau 79 4 Aug
250 17 Aug 5 48 Jau
28 Jau 5379 Sep
720 149 AuglO 1834 Feb
153 4 Nov 184 4 Jan
230 J'ly 24 276 4 Jan
23 1 Nov 297 Feb
"ibo 20 Aug 111 43 Feb
35 4 Dec 51*4 Aug
500 72 Aug 6 90 4 Feb
86 4 Dec 96*4 Aug
100 15 4 J'ly 25 47 4 Jau
,i5
Dec )3<%J'ly
320
734 Aug 6 2038 Jan
13 Feb 25 Sep
825 1559 Aug (i 3934 Jan
26 Dec 484 Sep
U434 J'nelO 90 Jan
75J'ue 97 Sep
7
Aug 5 194 Feb 16 10 Jau -'4 Aug
11 4 Aug 8 2939 Feb 16
1859 Jau
3534 Apr
114,695 23 Aug 8 42 V Jau 9 28!% Dec 44'>8 Jau
16,904 62 4 Apr 13 74 Feb
604 Dec 7534 Jau
2,900 44 J'ly 24 64 'g Feb
41 4 Dec 6334 Jau
600 39 4 J'ly 27 72 4 Jan 8 50 Mar 743^ Mar
78 AugU 91 Jan 8 .S2 May 10434 Feb
50 J'ly 24 7434 Feb 24 30 Jan 67 4 Deo
170 Aug 5 209 Jan 22 181 4 Mar 203 Dec
77 Marl2 85 Jan 9 70 Jan 90 May
10 Augll 27 4 Jan 5
9 Jan 29 4 Oct
200 6534 Aug S l064Feb20 66 Jau 106 Aug
20 79 Augll 994 Mar
814Jau 9839 Dec
2,674 1254J'ly If. 151 Jan 10 137 Jan 173 4 Aug
410 16 J'ly 27 48 Jan 12 354 Dec 5134 Aug
825 31 4 Aug 6 773i, Janl2 65 Nov 9038 Apr
27 J'ly 25 47 4 Jan 6 3379 Jau 504 Aug
64 AuglO 8234 Feb 26 75 Dec 88 Aug
200 18 J'ly 24 364 Jan 12 19 Jau 39 Aug
300 32 4 AuglO 614 Jan 22 44 Jan 62*4 Apr
500 25 Augl8 40 Mario 13 Jau 41 Sep
48 J'lyir. ?55 Apr 23 45 Jau 84 Apr
25 Aug 8 53 Jan 8 40 Dec 71 4 Jan
94 J'ly 24 118 Feb 6 120 Oct 138 Feb
334 4 Jan 5 334 4 Jau
325 A-^ir 340 Apr
57 Aug 5 83 Jau
72 4 Nov 9 178 May
_
3,900 98 4 Aug 10 130 4 Jau 8 102 4 J an 1594 Aug
2,505 1274 AuglO 1554Jau 14 128 Mar 158 Nov
tiOO 70 4 J'ly 24 12878 Jan 6 109 4 May 1344J'ly
5,000 108 AuglO I427gjau 6 135 Oct 174 Feb
22 4Mayl9 38 Jau 8 35 Dec 43 Jan
88 Jan 20 88 Jau 20 89 JMar 91*4 Mar
3,350 11 J'ly 24 29 J\Iar23 2058 Dec 31 4 Mar
100 102 May20 135 Jan 15 J150 Mar 192 Apr
200 49 AuglO 110 Jan 9 105 Jau 115 Apr
85 Aug o 118 Feb 27 1184Jan 12734 Apr
3,950 42 Aug 7 794 Feb 16 364 Jan 84 Nov
1,200 109 4J'ne 2 1324 Feb 17 90 Jan 139 Sep
1,040 16 Aug f) 30 4 Jan o 22 4 Dec 3534 Sep
1,610 354 AuglO 63 4 Feb 10 51 Jan 6934 Sep
67.830 8534 AuglO 11578 FeblO 963* Mar 125 4 Sep
90 J'ly 24 114 Febie 80 Jan 122 Apr
'iieso 344 Mar 2 47'%May27
31*4 Dec 4538 Map
190
400 2134 AuglO
284J'ne30
33,550 112^8 J'ly 15 156 Jan 10
210 20 AuglO 45 Jau 7
105 J'ly 15 118 Jan 16
58 Aug 1
87 Jan 19
n87 4May25 2254 Jan 9
8,100 lO^sAug h 354 Feb 5
1,865 564AuglO 764 FeblO
85 AuglO 93 4 Feb 2
41 Aug 6 72 Jan 10
80 J'ly 30 100 Feb 13
504 Augll 76 Jan 2S
40,389 118 4 J'ly 15 l57'58JanlO
200 15 J'ly 24 39 Jan 8
200 74 J'ly 27 91 4 May 7
pref
Pittsb. Cin. Chic. <& St. L.
200 57
pref
Reading, vot'g tr. ctfs..
pref. vot. tr. ctfs...
Ist
2d pref. vot'g tr. ctfs.
Bock Island Company
Do pref
Rutland, pref
t._Joseph cfcGr'd Island
Do Ist pref
Do 2d pref
O
4A«s
5 Vi.
c'«n
974Augl»
Da
68,510
20
500
58,200
1,930
100
'506
7
Nov 168 79 Jan
Nov o7''% Aug
1104 Nov 124 4 Jan
80 Nov 100 Aug
209 4 Jan 255 Apr
25 4 Dec 37*% Sep
147
40
55
Jan
8O34 Oct
Feb 98 J'ly
65 Dec 81 4 Sep
100 4 Jan 106 Mar
72 4 Dec 8434 Sep
147 Jau 170 Sep
30 Nov 47 4 Apt
71
Feb 85 4 Sep
80 May 93 Sep
90
804Jan 1054 Sep
115 Jan 17 113 Mar 128 Maj
4138J'iielO 69 4 Jan 2 524 Mar 784 Sep
79 4 AuglO 8976 Feb 6 7979 Mar 904 Sep
60 J'uelO 81 Jau 6 60 Jan 80 79 Sep
194 Aug 6 53«8Jan 9 33 4 Dec 50 4 Deo
664 AuglO 86 Jan 9 71 Nov 854No^
30 Augll 72 Jau 28 644 Dec 125 Apr
9 J'ue 9 154 Jan 2 10 Dec 244 Aug
33 Aug 7 58 Jan 5 4934 Doc 81 4 Sep
14 AuglO 24 79 Jan 19 244 Nov 42 Sep.
BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS
Banks
Baiikn
mw
YORK Bid Atk City
America .. 525 650 ColoniaMi
1j
Amer Exch. 210
750
...
370
Batch's <fe Dr 140
Aittor
Bowerjr^i
Central...
im
Century'.
:i40
Equitable
360
1
Bank.<(
14thStreet11.
Fourtli
GhiUatln
Gan.sevoortlj
Gartield
305
190
Bid
300
205
185
360
'200 '!
3700 4100
JefTersonll...
Greenwich 11
i<300
310
Hamiltonll
170
-.
140
Ask
150
Leather Mfr. t3014
600 650
Liberty
1000 1050
Lincoln
220
410
170
Hanover
540
Imp cfc Trad. 6(;0
Bid
Bnnkn
Ask
140
500
German Ami! 100
German Ei1| 400
Germaniall .. 600
100
...
Fe<ler«T[....
rideUtyli ....
Fifth AveD..
Fifth
First
Ask
270
MauhattanlU 310
Market <feFul 240
340
255
Mechanics'
25 .i
155
.
245
Mech ic Tra'i 140
Mercantile .. 240
Merch Kxch. 160
Merciiauts'.. 170
.
260
170
:
Banka
Bid
New York Co
N y Nat Ex.
New York...
165
375
600
j
'i
"i
Ask
tuo
190
Plazall
550
Prod Exchll
..
500
170
275
625
600
Leth.
1.50
1500
KiversideU
230
285
Bid
Itanlis
Phenix
290
Mutualll
180
Nassaull
New Ainster 500
Seaboard
295
.Secouil
SlioeiSs
Stateli
19th WardT). 150
Ask
600**
190
675*'
17(5"
700
North Amoc. 290
Northern
150
170
34th Street.. 210 216
130
12tli Wardll. 120
Orioutalll
240 250
200
23d Wardll.. 120
Pacilleii
106
iM)
United
Park (new).. 415 435
210
Varick
People'sll
280 300
New stock,
uaaks> a Ex dividend an d rights.
Metropnewl; 400 500
040
Irving
630
220 230
MtMorris^.. 220 240
I
Bid anil aoKed pnces; no sale.i were made on ilii.-i day.
.State
Les4 ta*n li>0 siiare.n. i lix rigiin.
Sale at Stock bxchange or at auction this week, s rrost Co. certillcated.
c Includes, prior to .Vlay 17, dealings in old
4000 4276
CtUzena'
•
...
CulunibiaTi ..
230
1000 Commerce...
Consolliiated 175
390
C'ruExchgel, 350
155
Eaul River.. 160
167
175
700
Cha.s()
Bid
262
405
375
'
1|
.'VIex.
N at.
<;
trust receipts.
s
.
.
August
Stock Record— CoiK)luded—Pag6 2
89, 1903.]
STOCKS— JiJOH£ST AND LOWEST SALS PRICES
Saturday
Aug. SJ
•69
50
74
51
100
*ltl
44
604
49»4
33
44 Hi
•08
72
M55
16\
•21h
«84'g
34
}72
334
44
44^4
"^
>.
•45 Vj 40
•2m 22
34»4 35
•16
18
•48
52
•26>a 30
19
19
40
40
•222
•5
•4
•15
•24
84
30
90
30
188
10
44
17
20
30
184 184
•!S4
"3
154
85
ll'O
88
1143+115
•1174119''-
•
10
•05
•74
•64
•40
•48
14=4
•179
10
78
78
7
50
143.
1794
•103i« 1U4
2734 2734
•70
80
r
3434
17'-.
16
52
30
19
-48
•27
19
39
•384 41
184
39
82
S4
294 30
•ISO
•8
•4
•15
«6
25»4
•914
•32
19
190
10
44
17
"5 '4
11
36
193.
'6'4
52214
•9'4
•32
19
•9934 100
16
85
1204 1264
20 14 204
•93
944
43
42
•80
82
•218 220
•2334 24
•78
824
•U
11^8
•644 654
•1414 144
6934
•33
•24
41
28«8
0934
34 4
3
41V
28\
4'4
8334
833,
118
23'
•17
•27
•91
92%
159
70
"
i'5
75%
4
40
•'2'8
fio'i
18
50
30
32%
83
304
24
12
•0
4
•334
70
72
•180
•64
•40
•45
•14
178
103
27
•76
119
194
•84
17
'8»4
70
7
50
16
178
103
27
7934
*75
•43
46
14
•176
1604 105
I214
•66
•35
•3434
•70
•8
124
•64
7
•43
51
...
494
200
7
53
16
178
'103 104
-27
29
*78
80
•204 23
163 163
•12
13
29
40
22'>-
634
Do
374
23
163
12'i
Do
98
94
583%
•12
40
2139
•3
814
Do
pref
82
200
*04
Brooklyn Union Gas
unsw. Dock & C.Imp't
7
Butterick Co
5434 Clolorado Fuel
524
•95
•14
173
cfc
Iron...
^ Do
pref
15 14 CoL & Hock. Coal & Iron.
179 Consolidated Gas (N. Y.).
103% 103% 51044104% Continental Tobacco, prei
»27
•76
•35
74
*8
11
11
35
28
29
8
45
37
74
11
28
Corn Products
•35
International Power
Intemat'l Steam Pump..
Do pref
Manhattan Beach...
45
36
78
•3434
.
•70
11
.'
84
BO'S SOi«
6^8
738
3934
40
43
22
2134
2234
2238
7038
24
93
95
124 13
69^
244 244
•200 225 ^215
83 4 834
•101 175
•170 175
215
7%
•105
7%
7%
Bid
S
5108
734
7%
39 14
3334
7%
394
13%
Bid
Banks
.
Sep
SO
81% Sep
41% Aug
984 Apr
93 Nov
Sep
Fob
Sep
33% Oct
4934 Sep
5434
134
38
129 Aug
159 4 Fob
Aug
Aug
24% Oct
0(i
Nov
38% Sep,
54 4 Sep
113>4
95
Doc
Doc
21% Jan
37 Dec
17 Jan
494 Jan
28 Jan
19 % Jan
39 4 Jan
30 '4 Sep
20
60
Apr
6t>
42% Sep
31 Aug
57% Aug
64
5%Feb26
5
21
37
J'ly27
S.
Cast
7%
110
8
8
81%
81
634
7
7>4
I.
Pipe
U S Realty&Construction
36
175
175
160
*170
175
175
West'gh'seEl &M Ig assen
Do Istpref
9838 Jan 20
10 12934 .J'ly 14
8 J'ly 28
68% J'ly 2^
8,S0U 64 J'ly 24
ISO AuglO
200
310
6% J'ly 14
200 40 AuglO
3,130 40 J'ly 27
90 AuglO
100 114 Aug
5,565 164 AuglU
230 9434 Aug
300 22 4 Aug (!
2U0 75 Aug
350 20 J'ly 24
1,150
1,200
1,100
148%Auglu
200
734J'lyl(i
9
J'ly 28
60% J'ly 27
37 Aug
344 Aug 6
29
Jau 101
85
000
100
3234
22
68
7
5(1
3,502
378
11,240
11,027
40
95
Mayl4
J'ly
7
Augl9
Aug
S
034 J'ly 25
74
Augll
64Aug21
160
165
J'ly 30
J'ly 30
Oct:-
Nov 135% Mai
"->
AuglO 68%Mar21
"
AuglO 4034 Jan
44 J'ly 25
Sep
Jan 122 Aug
169 Feb 18 16034Jan 186 Apr
14% Feb 25 12 Dec 17% Jan,
80 Jan 31 73 Apr 80% Sep
1254Feb25 80 Dec 146 Feb
225 Jan 21 210 Jan 253 Aua
15% Jau 29
7% Dec 14% Api
55 Jan 6 41 J'ne 53 Sep
82 4 Jan 6 7334 ,\ug 1104 Apr
122 Jan 3 §130 Jan §140 Mai
22% Feb 18 14% Jan 24% Oct
222 Jan 7 205 Dec 23034 Apr
119 Jan 2 114 Dec 120'2J'n«
35 Mar23 20 '1 Dec 38% Mai
85% Jan 19 79% Dec 90 Ma«
3434 Jau
27 Dec 33 Dec
204 Feb 10 01704 Oct 334 Apr
10 Dec 23% Mai
19% Jau
70 Dec 77% Jau
74% Feb
73 Jan lit 49 Dec 199 Apr
40 Dec 57% Mai
46% May
89 4 Jan 12 82 Dec 95 Oct
9
Oct
8% AuglO 13 MaylS
140 334 AuglU 47% Feb 1
40 Nov
110 98%J'ne 9 106%Mayll 10134 Dec
200 11% J'ly 27 29 4 Feb
154 Jan
300 80% J'ly 24 95 Feb 10 78% Jan
200 111 AuglO 177 Jan 2 148 Mar
2,150 70 J'ly 25 1244Jau 7 88 Jan
200 17 Aug
4234 Jau
37 Nov
2,030 89% Aug
108% Feb 10 98% Jan
930 34 AuglU 0534 Jan 26 39 Jan
20 78 AuglU 95 Feb 20 8234 Feb
100 196 J'ly 15 23534 Jau 14 215 Jan
340 21 4 AuglO 37 Feb 9 24 Apr
200 774Augl2 90 Feb 25 80 Apr
500
9% Aug 6 22% Feb 18 15% Jan
4,000 59 Aug
80% Feb 18 68 Jan
4,376 12 J'ly 25 30 Feb 16 17% Feb
810 60 J'ly25 844Febl7 63 J'ly
26 J'ly 24 72 Feb 25 294 Jan
79 J'ly 24 974 Feb IS 80% May
200
134 J'ly 8
4 Jan
64Febll
6,970
May
Nov 49% May
87 4 Not 100%J'na
404 Jau 135 Oct
10S%AnglU 134% Jan 8 113
200 116 Aug
122 Feb 13 115
& Foun.
pref
United States Express...
United States Laather
Do prel
Aug24
74
Jan
Jau
Jan 19
7934 Jan 8
15 Feb20
55 Feb25
150% Feb 4
15 '4 Febll
9634 Mayl2
28 4 Jan 2
73 Jau 2
19% Feb 10
58 FeblO
39% Feb 5
8934 Jan
66% Feb 19
1284 Feb 18
39% Feb 25
3334 J an 9
81 Jan 19
2494 Feb 6
93 Jan 14
221 Jan 7
224 Jan 7
15
19 Apr
53% Mai
109 4 Apr
32
96
196
134
Sep
Oct
Apt
Sep
Mai
1094 Sep
634 Oct
964 Oct
250 Apt
384 Sep
90% Oct
4939
2434 Sep
8338 Sep
2538 Apr
74% Mai
83
Sep
494 Dec
954 Sep
8% Apr
74% Apr
Jan
44i->Feb
35
II4N0V 18% Apr
72
Jan 85
17
Mayl 59
Jan 160
104 May
42
97
>
104Deci
79% Jan
20 Not
644 Not
14
Jan
Apr
Oct
Sep
Aus
15% Sep'
91% Sep
Oct
32
754 Oct
19% Oct
494 Dec
2934
79
54
120
64 Mai
Dec 4634 Jan
Dec 9734 Jan
Dec 76% Apt
Dec 134% Sep
294 Not 334No^
784 Oct 81 4 Deo
§185 Jan §255 Aug
8434 J'ly 97 4 Aug
169 4 Jan 233 Sep
180 Jan, 234 Apt
AND TRUST COMPANIES— BROKERS' QUOTATIONS
Ask
BROOKLYN
Manufactrs'. 350
Mechanics'i 210
Merchants'.. 115
80% J'ly
39" Aug
80% Mai
244 Jan 10
52% Feb 17
86 4 AuglO 99 4 Feb 16
300 90 Aug 5 126 Mar 4
15
Do pref
36 Aug27
39% 3734 3334
•1234 13% *124 13
United States Rubber
830
7 J'ly 27
124 134 124
404 42
42 14 §40
•404 42
40>4
40
Do pref
135 30% J'ly 2 7
30,407 20% Aug 5
22% 22% 22% 23
22% 2234 224 22% United States Steel
70'4 7034
Do pref
70% 70% 6934 704 6934 71
28,635 67 Augld
23
23% Virginia-Carolina Chem..
23
23
4,020 19%Augl7
22% 224 •224 24
*93
93 95
Do pref
93
95
80 Aug 4
95
•23
25 Virginia Iron Coal & Coke
20 Aug 5
Vulcan Dettnning
300 23 J'ly 22
24% 24%
Do pref
100 76% J'ly 17
76% 76%
200 240 Wells, Fargo & Co.
llu }191 J'ly 14
200 250 200 240
210 240
est'n Union Tele'gph
468 81% Aug 8
$84% 84% 834 834 834 834 8334 833j
39
160
170
Ask
103
108
*80% 81% §81% 81%
BAJS^KS
Wa8h.H'htsT 200
WestSide'^.. 560
Western new 220
Yorkville', .. 375
115
24 Mario
'ai'u
S7
§1333413334 Amer. Telepli. & Teles...
*834 10
American Woolen
G8 78
Do pref
83
8634 Anaconda Copper
52
S3
•95
•14
151.
al7234l734
45
40
Banks
"
1,100
5,600
43
3434 37
•724 73
116
7% 8
80% 81
(i
374J'ly24
*180
76
•105
64 "2 Jan
3234
6,028
2,172
200
•3434
115
J'ly27
174 Aug
29% Aug
Refln'g.
*64 7
434 44
•180
•72
38
69 S4 70^.
23 4 24
95
v. tr. ct.s.
pref. vot. tr. ctts.
American Maltinj;
5
1174119%
10
•334
45
37
76
10
374
35
"96" "90" American Snuff
Do pref
115411034 American Sugar Refining
98
94
•684 74
69
40
36
39 H
124|
•93
Erie...
§16
•llS'a 119^4
•60
8
834 AuglO 95% Feb 11
13 .I'nold 22% Jan 13
Feb 27
55% Feb 24
12 J'ly24 27 4 Feb 9
45%,I'ly27 02 Mny22
201) 24
Aug 7 384 Feb 10
925 15 J'ly24 29% Feb 9
600 35 Augll 55 4 Feb e
Wisconsin Cent.
Lake
10
Do pret
444 444 "444 45 Amer. Smelt'g &
•89
904 90
90%
Do pref
69
•35
80(
Do Istpret
Do 2d pref
537% 38H National Biscuit...
§994
Do pref
154 154 National Lead
*80»4 86
84
*80%
85
85
86
86
Do pref
'120 127
127 127 •120 127
•120 127 *120 125 New York Air Brake
7734 7734
74
744 75
78
774 North American Co., new
76
764 77
•204 2134 •204 224 '204 21% 20% 2134 Pacific Mail
•93
*4
9434 9434 *94
94
95
95
944 95
eop. Gas-L.<fe C. (Chic.)
42
42^8 421* •414 424 543% 43% §4134 4134
42 Pressed Steel Car
*80
-804 814
82
*804 814
81
814 ?S1% 82
Do pret
'217 220
220 220 Pullman Company
•218 220
'218 220
•218 220
24>4 24^
24
24
«25
25
25 ^ 2434 2434 fjailway Steel Spring...
24
2823* 8234
78
5814 8I34 iVDo pref
824 784 784 784 82
'11
12
11
114 11% 12
11% 114 114 114 Republic Iron & Steel ...
'66
6534 •654 67
65
6434 66%
64% 60 14
Do pref
67%
14J4 14's,
1434 14%
164 18 Rubber Goods Mf g
14% 15% 15% 16
71
70
75
70
71
71
71
71
70
71
Do pref
•324 34
•324 344 •324 34% 324 344 '324 34 SlossShellield St. & Iron
Do pref
•24 3
24 24 Standard Rope <fe Twine..
2% 2% •24 a
42
43 Tenn. Coal, Iron & BR...
40
42
4034 42 14
414 414 414 42
'28
29
•274 30
•27% 30
•27% 29
29% Texas Pacific Land Trust
29
74 74 Union Bag & Paper
Do pref
•105
8>8
8
7M
&
98,520
225
600
1,900
5,210
pref
Wheeling
37% 37% •374 3734
•99341004 9934 1004
100 100
•144 164 •144 164 '144 17
*144 16
•361a
115
804
Paolflc
prof
WiibaaU
:!0%
Do
8
•80
CI
Unit Ryslnv't of San Fran
Do" prof
>4
V.
'105
t r.
794
794 72
Do pref
224 Distillers Securit'3 Corp.
224 224 *21
162 162% 1634164 General Electric
13% 13% International Paper
13
13%
67
63
68
66% 66% 66
Do pref
794i 80
12%
10
69
80
•14
177
15
181
n0441044
*27
119
"ibo
I
l.-r
85 '-.J'ly
90 J'ly
(
19
1164 115411534
•834
79
94
35
5
90
100
94
69
79
180
200
•64
3
11534
10
'180
5
1834
90
100
94
694 694
751,
-0
•23
36
19
85
154
•134
12
*18»4
10
200
15
56
•23
19
118411S4 118
93
87
3%
4
15
6
25
•9
•3
Lisrht
5,100
90 4Keb2'l 5534 Jau
88 F<'b2<! 77 Dec
1(1
4234 .\uB
7S Feb 2
65 4 Doc
150 J'ly2T 170 J'ly
12 Aug (. 30 Jan 7 '2i4lVfV
24 AuglU 66 Jjiii 7 5f)'4 Mai
39% Aug
08% Mnrl'.i 50 l)c(
1 7 % -Vug 5
30% Jan
28 Dec
76 Anglo 90 K.'li
8934 Dec
85 J'nt'ld 90 4 Mar 3 90 Mi>\
20 >4 AuglO 43%FpI(1i
37 Dei'
1114J'ly21 128% Jan 2 122 Jan
32''. Nov
20 J 'nolo 37% Jan 1
1
Aug 1 31% Jan 9 18 4 Jau
25 .r'ly25 48 Jan b 35 Jan
87 4 Aug 8 122% Jan 23 107 Jau
155 J'lie 2 159 Jan 12 150% Auy
0534 Aug 8 104% Jan 9
93 4 Dec
50 §204 .Tan 30 235 Feb 11 §193 J'ly §240 Oct
153,415 3534.ny24 75%Marl2 53 Nov 79 Feb
0,J<'0 30
J'ly24 4134 Jan 19 28% Apr 37% Oct
cfc
llu 81% Aug
93 Jan
85 % J an 93% Oct
1,055 25 '4 Aug
46% Feb2(i '30 4 J an 5734 Apr
82 J'ly27 98 Feb 13 86 Feb 99 4 Apr
30 American Dist.Tolej;rapli
25% Aug
41 4 Jan 2 32 4 Jau 42% May
190 American Express
25 171 AuglO 235 Feb
210 Jan 265 Aug
12
American Grass Twine ..
6 J'ly2!l 29% Jan
27 Dec 02% Aug
'
'596
3 Aug
1334 Oct
Anier Uide & Leather
1 1 % Jan
334 Dec
300 14 Aug
lo
3738 Jau
De pret
34 Dec 434 Sep
105
7
5 .riy23 1134 Jan
American Ice
94J'ly 31% Jan
25
200 20%J'ly24 42% Jan 30 32 J'ly 67 Jan
Do pref
13>4 American Linseed
5
.riy25 1934 Jau
1 ,245
14 Dec 28 Apr
30
400 25 .J'ly25 48 4 Jan
Do pref
39 4 Dec 58 Mai
19 '4 American Locomotive...
2,095 15% Aug 6 31% Feb 17 23 4 Dec 36% Apr
80 79 4 Aug 6 9534 Feb 17 89 Jan 100% Apr
8.} '4
Do pref
•6
12
•25
•154 17
45
454
11. sou
Highest
Lowest
Ifinhest
J'ly25
AiiRlH
IiulimtrinI iV: i>lisceU
Aii;inis Kxpro.ss
•24
§190
30
200
11
5
754 Union
Do
'8
it \V. V.
Lowest
36
68
484 50%
iiialj^iiiiiated Copper...
32% 33% American Car
Foundry
•82
82
84
84
Do pref
30% 30% •29 4 304 American Cotton Oil
;to
90
•SO
8G
Do pref
180
7
2,50(1
2U,8S,-)
10
40%
222
36
119
908b
40
22
200
1,000
535
I,,
19
19
40
1,810
t.s
Tol. St.
18
52
30
474 48%
32% 32%
90
28
17
16
27
100
50
Do pref. vot. tr. ctfs.
Twin City Rapid Tr:iu8it.
Do prof
80
11
•48
18% 18%
40
'a
2"%
35%
18
51
29
36
114^81154
90
93
87
'10
•48
28
•224 25
•3
444 444
40
214 21%
34% 35 14
21K)
4>,
580
•14
40
154
A
Raniie lor Year 1U03
Range tor /^revtovt
basis oi liiO-sliare lots
yeardyuj)
On
Week
1,155
ilo
Toledo Uuilwiiys
15.i
i73%
87
•86
•14
46
5225
49
t
7534
•32
16
16
45
454
S9
90*a
92 100
88
95
115^8116
153,
234
29%
prof.
*
lis
24
•17
23
27 31
92 4 93
90
159
'
Do
M.ifc O. slock tr. otf 8...
IMcillc
'IVxn.s
I liinl AviMuu' (X. Y.)...
'113
•2134
23
31
Do prof
453« Southern PiicUlc Go
22-4 Southern v.tr. cfs. stmped
35',
20%
26
L&SFr.JPM&Coctls
Do Ist prer
Do 2il pref.
St.
83
90
8334
25 4 20
'114
lis
7
22>4
11
'9 '4
>«
•89
2034
•834 844 «8S% 83% •834 85
1534
334
22
18% 18%
•384 41
•15
«7
33 '4
4434
19
32 4
83
30 14
•86
•25
180
•0
44%
10%
the
437
Share.i
C.& E. I. com stock tr otf
Louis SouMiwostoin
105
10
4434
•16
•48
•27
32
324
{84 14 84^4
30>4 30 >4
•86
90
•24
23
180 200
12
*o
•4
44
•15
17
50% 504
'lOO
1C34
22%
.
314 32
•
75
!>•>
18
49
30
'222
'222
'222
40>8 47»8
40=6 48^8
4734
162
16
•81
35%
35',
•60
Sales 01
KXCHANCiK
'JS
St.
8434
"
'114
IKS
'22
24
•18
23
•28
27
30
924 92 4 92%
139
"75 '8
74»4 70
•86
87
87
15% 1538 •14
45 'a 457s,
46
2138 22
22 4
162
•12
•08
•35
45
3434 37
•72 4 70
•8
11
•3714 3788
20't,
All;/.
22',
8434
•26"
114
22
15
204
12 14
09
224
85
20 'a
«224 224 '204 23
102
334 34
4434 454
•31
45 »4
33^,
*48
*27
6
lo^a
43-8 44 »4
•90
91
-90
34^4
15
'154
32^4
•94 104
•32
34%
1534
22:'4
44:V
22 '4
84^4
,
404 48
32
•83
30
•86
•24
•180
15 4 "is-V
4508 450s
2114 21'j
16»<
6l>4
1534
STOCKS
NEW YORK STOCK
fYiday
I
75
50
101
4934
1014 101
•15S
10
•65
75
60
lill
10
33
«3 4 S3 4
84 H:
•89
90
25^^ 20',
•25 Nj 20 Sj
•114 lis •113 lis
23
•23
23
24
j-"»i2 22 "a •15
23
•27
30
«27
30
93
*U24 94
i)3
159
.159
76>* "74" 74T,j
74
•85 4
•85 4
lei-j
494 504
101
10
21^4
•65
74
100
1534
33>4
2-2^
Wednesday T/iursday
Aug. S6
.( (((/. 3T
Tueadau
Aug. 35
Monilati
Auii.
1
360
220
Trust Cos.
Bid
Ask
K. Y. CTTY
Bankers' Tr. 300 325
Bowl'gGreen 12154
BroadwayTr. 150 155
525
C'lR'tyB&Tr
2250
Central Tr'st
Trust Go's Bid
Exchange Tr
Ask
Farm Lo&Tr 1400 1450
Ave Tr 580 600
Fifth
Trust Co's Bid ASk
Mut.Alliance 240 260
N Y Liie&Tr 1150 1200
NYSec&Tr 1300 1350
North Amer. lib 290
Real Eat Tr't 390 410
StandardTr't 325 350
Tr Co of Ajn. 260 270
35
TrCo of Rpbc 25
Union Trust 1400 1425
Trust Co's Bid \Ask
215 230
Windsor
BROOKLYN
Brooklyn Tr 420 430
Guaranty Tr
725
190 200
Flat bush
Nassau
Guardian Tr
360
170
Franklin
350 370
BROOKLYN
Nat City
Knick 'rb'k'r 890 900
305 315
310
Hamilton
Atlantic If... 105
North SideH. 215 220
Lincoln Tr... 360 375
410 435
Kings Co
Boroughli
125
People's^
350
City Trust...
McV'ck'rRty 240 250
215
305
Broad wayti . 300
L IslL&Tr.
17th WardTi. 140
345 355
Jlanhattan .. 500
Colonial
250
Brookljmli .. 135
Nassau
Sprague
Continental 625
Mercantile .. 1000 1100 USMtg&Tr 450
2104
360 380
People's
1
Con'vI&BB' 140
Stuy v't Htsli 175
Eastern Tr.. 130 150
Merchants'.. 225 240
Unit States tl490
8th W?rdT .. 80
Unionl]
150
Empire State 160 170
Metropolitan 585 610
Van N'denTr 215 225 Williamsb'g. 200 275
First
380
Washington. 400
WaUaboutli 140
MortonTrust
Equitable Tr 700 715
1000
• Bid and asked prices; no sales ou this day.
i Bis rlgUts.
d J. P. Alori^au & Co. certificates,
§ Less than 10(J .snares,
1 Sale at StObs Exchange or at auction this week.
Ex stock dividend, s Trust Co. osrtiticites.
Bauks marked with a paragraph (U) are State banfes
.
I
.
11
,
S
New York
Exchange— Bond
Stock
IFeoJf*
STOCK EXCHANGE
Wekk Ending acqcst 28
». Y.
S. <<ovemmrnt
cousol registereil.fUOSO
cousol coupou
(iHK?0
cousol reg small..iJl','oO
cousol coup small. (i 1930
registered
ArllUS
Ask Low
BtU
Uigti
January
con pon
t li> 1
M
Si
QJ
J
Ao Low JJigh
Us
us
u s
us
Us
Us
ica
/iliHlT
coupuu„
Sale
lOoH.
y
J
109 '4 110
U9'4 110
109i-.<Aug'03
134 14 J'ly'03
133»4
134 135
137'-jMar'03
101 ^2 102
lOlViAug'OS
101 >a 102 >-j 101\; I0II2
1904
1904
107
Hi
vi-F
1311...
«-,
106*4 108>i
13414136H1
136 137 Si
lOlSilOlio
12 10138 1033)?
Foreiarii (>overiinieiit
90
FraukiurCrH>u-Ma\u :>S>s ser 1.. M-S
J7use are uriee s on ihe t>a sis
U S of Meiioo s t j; 5s of IS'jy Q-J 94
190ti
lyoii
FA
J-J
Iturtli CoioUua cousol 4s. 1910 J.J
1919
6a
So Carolina 4 Sjs 20-40
19oa J.J
Tenu utiVT settlemeut 3s..l913
Small
1112
11
the b
1-2
Mar'02
Mar'02
111
121 Mar'03
106 Apr '03
109>-2Feb'99
120
18y4-l'.i'J5
{uiiiliu?
104 Nov'02
1361a J'ly '01
120 Mar'OO
AG
94i2Aug'U3
94'4May'03
98 S: Oct
941a.
'
Vir^iuia fuuiUlebt 2-33. ..1991
Kesistereil
'tis
Uruwu Bros
uelerred
7'6J'ne'03
ct(s.
Unilroad
Alabama Ceul Ace So Ry
la ba Midi
t>te Sar Fla <& \V
Albauy \: Susq See Del d: liud
Allegheny Valley jSiCcPeuu ilU
AUes d: West See BuU li d; 1*
Am Dockd: Im SeeCeutotSJ
Ann Arbor Isi g 4s
/il995 QJ
AtcU X iV S he gen g 4s... 1995 A-O
Kegislered
199 J
Adjustuieuc g 4s
M995
Kegistered
/tl995
Stamjied
7tl99o
Chic 6i SI Louis Isl OS. .1910
All Kuox^ d; Is'or 1st g5s.. 1940
Atlautic Coast 1st fi 4s.7il9J2
Atlantic & Danv See South liy
Atlantic d: Yailk aee South Ky
AustUJ <ii S \V Hee Sou Pacihc
S Hee Mich
Bat Creek <$;pnorlgaias. Ceul
all ik Ohio
1925
A-O
Nov
Xov
.\1-N
,VI-S
J-D
M-S
J-J
/tl925 y-J
/il94S A-O
/il948 y-J
Kegistereil
UoIil4s
Begistered
Couv (teb48
1911
PJun&M Div 1st g 3 11281925
Kegislered
MS
.M-N
W-F
4sl941 M-N
90
75
SGii's?"
?2
Sale
9934 Sale
96
Belle V
Bklyu
Bruns
d:
d:
dc
Buttalo
9413
88
eiee
N
V C
dc
K ik No
g 4s.(21951 J-J
(il951 J-J
Ist 5s. 1900 J-D
1st A. col trustg58..1934
108
Fd;
JN'
CarohaaCeul
•
•S'eeSeabd:
Ad
CedKIaF&N
i,ee
Central Ohio
KK d: B
Ga
114
114
103 Apr '97
124»4J'ne'03
118
1253a Jan '03
103
J'ne'02
01 1« Aug'03
121 Apr'03
I0II4.
1
120'2Mar'0o
118 Jan '02
103
1027gl03'4 10234
107 ....
107
107
102'%....
107 Aug'03
Koau
S V C d; H
KK
Kegistered
Consol gold 58
Registered
MN
Oct
Oct
104 12 105
74
29
75
30
1911 Sale
J-J
J-J
1940 J-J
AO
.St I'.v
.
Pac Div 6s
&
12712
126
109
'a
127
104 14
104 "2
lOoHjSep'Ol
7512 Aug'03
30
30
IO4I2IO7S2
122 S2 122 Si
IOHj
12 102
109
68
24
18
80
W^
92 Aug'02
108i4Sep'02
102 J'ne'99
103 J']y'03
127 "2 128
127 Aug'03
109 Aug'03
H48
M4s
N4s
P4s
3976
27
103
I26I4 134
126 133
108i4ll3Si
'.J
M-N
A-O
121
102
1
'98
1
Si
102's 127
Apr'Ol
Mav'03
2
98
110SiH£
U01-JU4
11 114
>-2
9!>
1-
10
97SiJ'no'03
106 Hi Oct 'O:
Sli^SaJc
Si
119*4
J'ue'Ol
103
81 14
81
H,
73 Si
73
io6>-j io6*4
112 112
97 78 104
93
98
43
S.
80
83 Hi
.A.-0
J-J
J-J
FA
FA
J-J
J-J
A-O
A-O
M-N
M-N
"731^
;;!;;!
Y6K 'W>i
S334 Apr '02
104*4 .\ur' 00
101
98»a..
90
S91,
100 101 "a
89 '2 97
J'ly'03
90 14
..
..
109
101
102
109'8..
lOlis..
MS
102
M-N
M-S
J-D
103 '8
114'8
1057«
.M-N
109»8lll9l8
10419
101
'8
102Hil08'4
100
114 Si Sale
,
AO
J'ly'03
100
105
114
105
128
J'ly'03
J'ly'u3
104*8 108
113 11778
105 1 10*8
128 136H!
113 121=8
Jly
'Oi
J'ly '03
114
114Si
M-N
120
J-J
120=8
.126
*108
I24I4
J'ly'03
7
1
M»y'03
103
103
111
.
....
J'ly -03
HI
i"osi4
Dec '02
Feb '03
108
124>4
108
108
170
108
103
90 »t.
109 Is
Aug'03
Si Aug'03
lO9HiAug'01
lOl'-ig..
i
IOOHj
120
120=8
124' 1 130*4
108 113%
107=8111*8
170 178
111
111
103 112
104*4
J-J
J-J
113
.
115
11934
.
Apr'03
Aug'Ob
116 S2
J'ly'03
111
112
109
HI
.
1 16 Si
11334 118'-B
11334
112 Aug'03
109 Aug'(i3
137S2J'ly'9y
116 Aug'03
107*8 Aug'02
183 Feb '03
115 May'03
113
110
126 "-a.
.
.
lliiH.
104'8.
112
Dec '02
Jan '02
11 6 Si
113*4
Q-J
.
10538.
UO's.
117Si
lllHi
iie" 11934
183 185
114 115
105 '4 IO5I4
10514 J'ly '03
110*4 Aug'03
109^8 Aug'03
112 J'ly'03
.
113'a
10978 113 Si
112 117
113 113
.
109*4
113
112
116 119
8 I3OI4 134
101
104 Si
.
.
113 May' 03
116 J'ly'03
I3OS2 130Si
104 Si May '03
106*8 Oct '02
95»8 95 Si
95 Si
103 Nov'ys
112 May'03
113Sj.
J-D
J-D II6I4.
Q-F 130 Si.
F-A 102
F-A
.M-N
(^-F
.\
O
A-O
A-O
A-O
M-N
M-N
A-O
A-O
M-N
M-N
FA
.U-S
J-J
108 '4....
J-J
112
ll()S,110i«
109
106
106*4 107
10378 109
Si
105 Hi 112
m'^iVs'i-i
May'Ol
123
Si
110
I0OI2
128=8
107Sj
12108
Nov'02
Oct '02
105=8 May'03
111=8 Aug'03
127 Is Aug'03
115 Aug'03
142H2Feb'02
128=8 Aug'03
106
108
105=8 105=%
11 1=8 115*8
27 H, 132=8
1
II4S2I25
128=8 13318
107 '8 Feb '01
114i4Sep'02
121=8
121 le 122
100 Sale
J-J
121=B
120 Si J'ly '03
99^8
100
107 Jan '03
36
Aug'03
98
121i4l27Hi
120Sj]27
yyi^ios
107 107
98
98
9978J'no'02
99 Hi J'ly '02
9938J'ne'02
Aug'03
72=8
74 319
88 '4 J an '03
74
75 Si 233
9/ May'03
93 Jan '03
94*4 Jan '03
87
73
Si
Sale
M-S
74*4 Salf
J-J
J-J
J-J
90
88 Sj
90
Keok & DesM I8t5s....l923 A-O 102
ChiCikStL 6ee Atch T & Sa Fe
71
Hi
97
92
89*4
9838
S2
93
943^
105
105 '2 J'ly '03
L N O See 111 Ceul
L Pitt* See Penn Co
P M & O con BS...1930 J-D 128
Ch St P& Miiiu IstgOs 1918 M-N 122
82 Hi 95
72 Hi 89
88 14 8S'4
'2
94»4
108 Hj
<fe
<fe
Nor Wisconsin lHt6s...l930 J-J 123
8tP<fc SCity Ist g 6s. ..1919 A-O *122
73
Chicago Ter Trans ;; 4.s . . 1 947 J-J
75
.
BON D;S—Continued
on >ext
13018 136=8
132 J'ly'03
131 14 May'03
137 S. Sep '02
124 J'ly'Oo
75
75
131 14 137
i23i4 i26=8
71Hi 86
I'liicc.
107 Hi
Itnilwny
.Met St Ky—COon^Kef g 4.h2002
Col<fc9tliAvl8lgug 5m. 1993
,-,.1905
J-J
102
106
103
102
102
108
110
108
Jan '99
Aug'03
Aug'03
"97hI"98'
85
100
97 Hi
98
85
85
85 Hi Jan '03
102
110
102 Hi
104 '4
89 H:
85 Hi
LexAvdjPFlstgug5.s 1993
Third Ave RK con gu 4s 20(»0
Tlurd Ave Ry Istg 58.. 193"
.MelWS El (Chic) Istg 48. 1938
Mil El Ry <fe L 30-yr g 58.1926
60
1
108
98
97
83
85 H2
.Minn St
96
997eOct '02
95
103
J'ne'OO
Nov'Ol
Ry
89
117
93
115
118'
94
118
Ist con g 58..1919
Jo Ky Lt H&P l8t g 58. 1937
St Paul City Cab con g 5s. 1937
Uuion El (Chic) Ist g 5s. .1945
United RRs San Frsf 48.1927
United Kys St L 1st g 48.1934
W Chic SI 40-yr cons g 5s- 1936
Aug'03
89
S.
1 1
7
Hi
J 'ly
89
96 Hj
117 '-.,121
116 121^4
9334
93
122
11 5
99Hil02H!
'O:
nii Jly '03
93
94
115
115
99 '2 Mar'03
106 Oct '99
110 J'ne'02
.St
i'o'iiu
109
79*8 Sale
Hi
>2
10914113
Apr'03
Dec '99
77
79*fe
84%J'no'03
99 Dec '97
14:
76
84
8014
SoTg
Kiiiiid.s Ky lal g 5o.. .alUlO J-D
l<ouu Ky Co Ist con gas.. 1930 J-J
109 Mar'98
i>as and Electric Liglit
Market StCKy lat g 6.'i..l9i:; J-J
Met St Ky gen col tr g 58.1997 J'-A
112 Hi Aug'03
112
HI Hi 120 Atlanta G L Co Istg 58. ..1947 J[-D
II2I4II7
113 Aug'02
Bway<&7th Av Istcgo.i 194.''. J-0 *112>all3 ll2HiADg'03
112Hill7»4 Uklyn U Gas Isl cou g 58.1945 M-N lis
•JTo pnce Friday; latest price this week, a Dae Jan d Due Apr e Due .viay gDtio.luo ADueJ'ly fc Dae Aug p Due Nov ^Due Deo sOptiou aale
Gr
Si
'01
114S2Aug03
105
104
95 si 10 i'
112
Aug'03
Mar'03
Oct
114
M-N
1910 M-N
1915 M-N
191(i M-N
MN
M-N
MN
108
106*4
F-A
M-N •107 S; 109
J-J
J-J
60
104*8 i05S2 IO4I4 104 14
105 Si Dec '02
108 Aug'03
M-S 105*4
M-S IO5I4
M-N 111=8
M-N 12718 129S,
F-A 115
MS
11(11.;
Hole May'03
4s.. .1904
1918
Chic R I <fc Pac KB 4s.. 2002
2002
Resristered
1913
Coll trust gold 58
1905
DesM & FID ist 48
1905
l8t2S28
1905
Extension 48
Chic St
Chic St
Chic St
103
B
1143.1
102*4 Sale
MS
1921 J-J
J-J
J-J
J-J
J-J
J-J
J-J
J-J
J-J
J-J
J-J
am
94 14
J-J
J-J
1910 J-J
Souassu g 6s
115
110S2 110 Si J'ly'03
1 10 S2 Aug'03
Sale 115
115
J-J
5s. ..1926 J-J
Chic& P Wlstg5s
Dak do GtSogSs
iiosi
sUtreet
Bk g Co& S congug 58. 194 II M-N
Bklvi: Lii El Istg 4-58.1950 F-A
K.i
lbtg48....1949 F-A
gu g 4s. ...1951 J-J
N..
City — -- ..., .;alt Istg 58.1922 J -Ji
Conn li«y <fc L I.1I &reIg4Hi8'51 J-J
Den Con Tr Co Ist jr 5h...1933
;-i.. 1910 J-J
Den Tram C
-..1911 J-J
Mel Ky Co .
(.-It
MoRiv Div
1916
1924
1910
92
95
Hasl<fc DDivlsl7s
1910
lsi5s
1908
I<fc D Exlen Ist 78
1919
Lacrosse & D let 5s
1910
Mineral Point Div 08
95 14
1910
So Minn Div 1st 68
1909
94
9 4 Si
Southwest Div Ist 6s
1031.2
1921
\Vis& Minn Div g5a
993b
1910
10018 1025^
Mild; No IstM L 6s
1913
97 106
Istconsol 6s
1915
91
Cluc<fcNorthwcons7s
88
1886-1926
Extension 4s
1886-1926
Registered
94 S2 97 S.
1987
General gold 3S2S
86 S2 89*4
Registered
^1987
Sinking luud 68. ..1879-1929
1879-1929
Registered
Sinking lund 5s. ..1879-1929
Registered
1879-1929
1909
Debenture 5s
1 909
Registered
1921
Debenture 58
1921
Kegislered
114 llSSi
1933
Sinking luud deb 5s
1933
Kegistered
DesMo&Minu Ist 7s.. 1907
12414 128
125 12588
MUwdt Madison 1st 6s.. 1905
1910
North Illinois 1st 5s
Ott C F & St Paul 1st 5s 1909
Winona & St Pel 2d 7s.. 1907
100*4 105
MU L S <& West 1st g Os 1921
120 122
Exl<& Imp stand g5s 1929
Ashland Div Ist g 6s.. 1925
I2OS2I2OS
1924
Mich Div lstg6s
Convertible deb 5s
1907
1911
Incomes
102 105 Si
10514 lOS^B Chic Rock Isl <fc Pao 6s. ..1917
Kegistered
1917
IO4S2IO7
1988
General gold 4s
Registered
1 988
Knilway
Brookiyu Rap Tr t 5.s
1945 A-O
Atl Av Bklyn imp g 58..1934| J-J
BkCity lstcon5».1916, 1941' J-J
Del
Chic<fc
&
MS
L,SuDivg5s....l921 J-J
Cliiccfc
Far
nilSCEI..l..A>i£OUa>
!>treet
9234
92
122 12 Jan '03
J-D
Mobile Div Istgos
Cent 01 N J geu'l gold 6s. 1987 J-J
Kegistertil
/il 987 H-J
Am Dock & Imp gu 58. .1921 J-J
J'ne'03
104114 J'ly'03
FA
^194" F-.\
1945 .\I-N
1945
pl945 Oct
1st pre( income g 5s
pl^iii
3d pret UiCoiue g 5g
pi 945
3d pre t income g 53
Ctialt i>iv piir moil g 4».1951
Mac <& isoT Diy 1st g 58.1940
MKt Gadt Atl Div5s....l947
92
.'...1922
Chic
75
75
84
AeeBCKdciV
See Ualti & Ohio
ol Ga col g 58 1937
Ist g 5s..j>1945
Registered
1992
1940
Craig Valley Ist g 5s
K & A Div 1st con g 4s.. 1989
2d cousol g 4s
1 989
Warm Spr Val 1st g 5s. .1941
Greeubrier Ky l8tgug4s '40
Chic & All KK ref g 3s.. .1949
Registered
1949
Railway 1st lien SSjs... 1950
1950
Registered
Chic B & Q— Cli <fc laD 58 1905
Coll trust Series
Cen Branch U Pl8tg4s...l94» J-D
Cen Branch Ky &e«MoPac
o(
41
1927 J-D
C
Cen
Sep
11734
A-O
Canada South let 5s
190» J-J
'2d 5»
191i M-S
Registered
1913 M-S
Carb dc Shawn &ee 111 Cent
d;
115
Wl8tgu5s.l921 A-O 107
M dc St L Ist gu g 7s
Carlhagfc
114
1934 A-O
Kegislered
Cent
94 S, Aug'03
S7»2
88
90'4J'ly'02
114i4J'ne'02
H
Ui
Bur Cedar
I
88
Car mee lUiuoisCuui
Bull d: Susij 1st rel
Uegistereil
CK
36
Moutauk aee Loug I
West iiee Sav Fide W
X V 4; Erie .See Erie
FA
Con
'11
6U
92
94i-xJau'03
100 i53
993e
102i2M.ay'03
97 Aug'03
88
ne do Liar.
96 Sj 98»8
0/ $5 to &.
9734 102»s
86 S2 923j
91^
95>2
Sale
/tl925
1st gu g 5s. .1919 ^;i
1st cg4'28..1930 M-S
P gen p 53.. .1937 M-S
Alldc West Islg 4s gu.. 1998 A-O
Cl<fc Mah 1st gu g5»
1943 JJ
Koch <k Pitta 1st g Os...l921
Cousol Ist g 6s
1922 J-D
BuUalod; Southwest 6'ee Erie
BuHalo
87
114i2 0ct '02
923*
9234
88
'87iii
Kegistered
Cen Ohio K
Beech Creek
86*4
J'ly'03
&
1949
1949
Registered
lowu Div sink fund 5s. .1919
1919
121 121
Siiikiugfuud48
106 106
Kebiaska Exteusiou 4s. 1927
1927
Regisleretl
1921
Southwestern Div 4s
Joint bonds <See Great >;ortli
1913
Debenture 58
Han <S; StJos consoles.. 1911
94
97
Clucfc E mists t cur 6s. 1907
9414 94 14
1934
1st cousol g 6s
General consollstos
1937
1937
Registered
716 12
lud C Ky 1st 5s. 1936
Chic &
Cliicago cS; Erie iS'ce Krie
Chic 111 ik Louisv ret 6s. ..1947
1947
Refunding gold 5s
Douisv N A&Chl8l6s.l9J0
c;liic Mil & St Paul cou 7s 1905
1914
Terniiual gold os
Goueral g 4s series A..el9sy
Registered
e 1 989
12 9313 9GI4
General g 312S series B.el989
124 9814 10278
el989
Registered
9934
99 ^
9734 J'ly'03
"1
8834
90
Sale
9234 Sale
94
Charles
Denver Div 4s
Illinois Div 3SjS
Jjl925
P L E d: \V Va Sys ref
South w Diy Ist g3'2S...1925 J-J
Uouon Hiv
93 12
03 -2 Sale
99=8 Sale
to o
Apr '03
98
104^8 Sep '02
I0914 Oct '00
J.J
J-J
lyoo J-J
lo o
Currcucy (uuiliug 4s
ly.'O J.J
Dist of Columbia LJ-Oos
11124
Louisiauu new couaol 4s..lU14 J.J
Small
Missouri
9513 Feb '02
01 lour marks
I hfse are pr ices
State Secui-itics
AUbauia class A 4
Class B5s
Class C 4s
1
106 Hi 109
107 J'ue'O"
IOC's 106V>
111 J'ly'03
ly-ii
6il
106\,
See So Pacific Co
Sav Ist g 78
1936 J-J
Ches & Ohio g Os ser A..A1908 AC
GoldOs
al911 .\-0
loesiiosi-j
1st cousol g 53
1939 M-N
109 IIII4
Registered
1939 M-N
10914 112
General gold 4ia8
1992 M-S
lOO^j
10634
100 Si 107 >a 106»2Aug'03
19.5
1
:
qv
Ali'OT
resristered
lOG
106
JSange
Cent Pacihc
I0li»4
ai bouiis..fci'.ns
lK)uas..*:iyiS
10634 107>-.: 106^8 Aug'03
lOU'i 107 H; 106*4 J'ly '03
M'eek's
lianye or
STOCK EXOH.\NGE
Since
=
Last Sale 5
.-ttifiiist 38
January 1
WKKK EXDINU ACGUST 28
Ask Low
M lyh i\W Low JJig/i
Ceuti'ai ot M i— (Continued)
IB Id
Ledb liud K geugugds 1920 J-J
LeU & WUks B Coal 08..1912 M-N 100
00 S Aug'03
100 Si 104
]013j 101»8 Aug'03
Con ext KUiir4S2S
(/1910 Q-M 100
100 I02I2
N Y & l>ongBrgt>ns4s 1941 MS
N. y.
.
S
U
U
AuguU S$
Siiice
5.®
31
KOXOS
Sange
JCanye or
Last Sale
Weekly and Yearly
i'a<;es
3
BOND!*
US
us
V s
Us
us
us
Record, Friday,
FOLK
UCCU»'VIN(i
!
August
Bond Record— Continued— Page
29, 1903.]
•3
BONDS
J^ee
STOCK EXCHANGK
Week Ending august 28
August JS
Cm H
D
Cm
Ulv Ist
C'luro
A
Ciu \V
St
L Dlv
101
104
isolil -Is
UK'S J-D
UK)'.' J-J
J-J
MN
MN
MS
I '.''-HI
W
Ill'; 111'4
'.19
101
Keiiistere*!
&
it
l'.K<4
K;
ruc'03
101
103
102
U
95
103
96
Oct
Dec
100
104
J'ue'03
95
48. ..1940
A-0
1990 Api
II4I4II4'.;
120
120
J'ly'03
i2'7'>-2Aug'03
120
i27'-ji3"3"C
[nconie4s
<fc Wh cou l8l g uS.193;i A-O
Clev & .Miiru'tta SeetennKK,
Ckvi- Mahou Val g5s...l9oS J-J
llegis terui!
1 9:!S Q-J
Clev <fc Pitts Hee Peiiu Co
1947 J-J
Col Midland 1st g 4s
Colorado & Sou 1st g43... 1929 FA
Coluni et Ui-eeuv Ht^ So Ky
Col <fc Hock Val See Uock Val
Col Coun & Term See X <fc
Coun & P;is liivs 1st g 4s. 1943 A-O
See C JI & St P
I \ak dt Gt So
I 'aUas <fc Waco
See
K <fc T
Del Lack * Western 7s... 1907 M-S
CI lx)r
104>-aNov'01
95
63
95:<.
iy-'i
"
62
110
62
Aug' 03
72
84
Sale
J'ly'03
100
82
110
J'ne'02
70
07
93
55
110
95^4
12S
831a
84
70
28
80 7e
831-2
941-2
W
M
Moma<S; Essex
M-N
lst7iJ... 1914
JD
1915
Istconsol guar 7s
1915
Kegislorcd
2000
1st vvt gii g AHlS
N Y Lack<fe VV l3t63...19-Jl
1923
Construction 5s
1923
Term & improve 48
114
130
.
Oct
]17
I2OI4
J'ly '03
140
V.Vii^2
1301-2 1341-.
'98
Regist ered
126
10834 115
Carb
103
CliiC
1(.93,
l]33y
102
136
102
137 Is
MS
1917
Kegislered
&
Sus lslcongu7s.l9O0
Registered
1900
Guar gold Oa
1900
1900
Kegisteied
Alb
Kens
A-O
A-O
A-O
A-O
Saratoga Isl7s.l92] M-N
Registered
1921 M-N
Del Kiv RR Bridge ieePaRR
Ueuvdj R Grl8tcong4a.l930 J-J
Cuusol goUMSjs
1930 J-J
Improvement gold 5s.. .1928 J-D
PiioGrSogu A«e Rio Gr So
Den <fc S West geu s 1 g 5s 1929 J-D
'.
Feb '02
9814
105
99
106»8May'03
105
105
106
60
A-O
A-O
J-J
East let g 5s. 1941
ElmCort<fc2«o iSeeLeh&NY^
Erie Ist est gold 4s
1947
2nextgold5s
1919
3d est gold 4123
1923
4th ext gold 53
1920
6th ext gold 43
1928
Ist consol gold 7s
1920
Istconsol g mud 7s
1920
Erie 1st Con g 4s prior. .1990
Registered
1990
Istconsol gen lien g 4s.. 1990
Registered
1990
Penn coll tr g 4s
1951
Bna\N
<fc
Y&
Erie 1st 7s. .191(5
S WgoldOs
1908
Small
1908
Cliic & Krie 1st gold 5s. 1982
Bufl<fe
M-N
M-S
84
107
88
110
114'-2
30
93i4l00'-2
y3i-j
01
109
Aug'03
754 85
02
89
1031^114
115
J'ne'Oo
11138 115
10
Aug'03
11434 114
II3I2
J-J
J-J
9034 Sale
J-J
101
82»4 Sale
82
"»
101
1321-2
135
'8
9534
003j
97
9;>
8.S
794
82'.
F-A
1940 FA
Termmal 1st gold 5s... 1943 M-N
Regis •?5,000 each. ..1943 M-N
WUkife Ealstgug5s.l942 J-D
Erie <fe Pitta See Penn Co
EviUis & T E 1st cons 6s. 1921 J
1st general gold 5a
1942 A
Mt V'ernon 1st gold 6s.. 1923 A-O
90
89
125 4 J'ne'03
89
90
12612
119
12934
4 Aug'03
117
.
106 Aug'02
134 4 J'ly '03
'.
11334
110
108
10133 May'03
99 Aug'03
108 May'03
107
9734
98
nils
0-1
14
13015.
11741214
130
1314
110
108
1124
115
119
121
J'ne'03
J'ne'03
J'ne'02
104
112
106
114
9734 10::
99 lOO-e
117
1074112
122'.
106
A-O
Ev<fc Ind 1st con gug6s..l926 J-J
So 6'e« Ch
<fc St P
t^iargo
lintA PereM See Pere Marl
M
107
May'02
115
and Klectric L^iglit
Gas Ist g 58
1947 A-O
Ch G L, & C Co &e« P G & C Co
Con Gas Co See P G <fc C Co
Detroit City Gasg5s
1923 J-J
Del Gas Co con 1st g 5s... 1918 F-A
(anM
Buftalo
EdEUllBkn &e«KCoEL&P
Ed E 111 See N Y G E L H & P
Eq G LN Y Ist con g 5s. .1932 M-S
Eq G & Fuel iJe« P G da C Co
75
74
J'ae'OS
95
105
Aug'O.S
J'ne'03
105
934
797,
114
No price Friday;
latest bid
4 Oct
N Y 1.SI gu g4 4S.1940
10534
J-J
J-J
J-J
J-J
105
...
03
M-8
M-S
A-O
A-O
M-N
M-N
J-D
104 4
1054..
85 14
85 14
10734
Dec '00
..
105
A-O
A-O
,118
105
1 1834
Aug'03
93 14 May'03
1044 104
95
and asked this week.
104
J'ly '02
85*4
105
112141134
112'4Mny'03
113 4Mar'00
102 May'03
94 Mar'03
103 >4
104
102
103
"99"
10134 102
I0214IO4
1064Mar'03
J'ly'03
Oct
94
>4
'01
i()l
41034
100
J'ly'03
4106 4
104'-rtiMay'0'.
J-J
J-J
92 14
99
99
123
May'O!)
'
8534
91
94
Aug'O
97
J'no'03
853*
1'24
10738 111
May '01
90
„
Nov'OS
100
125
106410618
Mar'02
101
.M-S
10741074
104
10745tar'03
107 4 Deo '02
98 4 J'ly '03
1184.
118 4 Aug'03
9Gi<
96 14
96
734 74i4Feb'03
J-J
J-J
J-J
.M-N
M-S
3.1-
108'
J-D
4125 4
12 5 4 Jan '03
12:(ii4 Nov'02
-'8
104 Apr '02
1064 Jan '03
118
J-D
J-D
J-D
J-D
J-D
J-D
97
97
101 4 Oct '90
100 Nov'OO
10738 May'03
JJ
99
'91
M-S
OS4I02
llsu, 1-2318
95
70
lOS
91
1084Aus'03
92
9i
1 00
75
115 '-2
03 4
67
Sale
6658
63
67
Oct '00
30
654 71%
116
.
1154120
Aug'08
Jue'03
109
111
no
1104.
A-O
11358
1144
1104Feb'02
103 4.
M-N
Axis'03
111
116
J-J
J-J
M-N
10641084
100 4 Aug'03
109 4J'ue'
11 3=8 J'ue'03
] 00 4 Oct '99
108 4 Sep '02
95
J'ne'03
93 4 97
100
Mar'03
106" loo'
118
Jan
EIC&N
& Hud R See Cent of N J
& Wilkesb See Cent of N J
Lferoy & Caney Val See Mo P
Leh
Leh
Istconsol gold 4s
General gold 4s
Ferry gold 4 4s
.Gold 4s
Bklyn<fc
Mont
193^ J-D
1922 WI-S
193 J-D
1041
1st
9934
98 H.
;>yi-s
107 4
1934 J-D
g 6s. .1911 M-S
191]
M-S
A-O
19'..
1st 5s
'03
Sii
118
118
ftl93] Q-J
.M-S
N YB<&MBlstcong5sl93o
N Y& R B 1st g5s
&
Nasliv gen g t(8.193o
103"
Gold 5s
Unified gold 4s
1940
Registered
1040
Coll trust gold 5s
1931
CecUian Branch 7s
190
E H<fe Nasb 1st g»6s.... 1919
L Cin & Le.xgold44s...l931
lstgold 68..:. 1930
N O di 2d gold Os
193(1
00 14
99*4
100 4 J'ne'03
100 Oct '00
OO'sJ'ly'Oy
111 Jan '02
9914IO214
1004102
9778
Mar'02
112
1124 Jan '02
1124 Apr '02
no
lU
J-D
M-N
111
98 4 Sale
J-J
J-J
M-N
M-S
J-D
M-N
08 4
100
083^
Jan '02
'4
101;
.J'ly
Dec
128
111
110
'03
'00
12 'J
112
9741014
1134
11141144
112 14 .\in;'03
108 14 Jan '03
108 '4 108 '4
125 120
Mav'03
124-'a
,
1144118
116
Aug'03
!"!;!ii24 112
II2I4.
J-J
J-J
1004
1051410514
IO514 Jlar'O
Nor Sh B 1st con g gu5s ol932 Q-J
Apr '02
<>as and Electric lii£;ht
See Peop Gas
Newark Cons Gas con g 5s 1948 J-D
5s.. .1948 J-D
Purchase monev g 4s. ..1949
Ed El 111 1st conv g 58. .1910
Istconsol gold 5s
1995 JJ
Mnt Fuel Gas Co
103"
103 58
89 4 Sale
104 14
FA
MS
d>;
'01
..
851.
FA
LacGasLo(StLl8tg5a.el919 Q-F 104
Milwaukee Gas L Isl 4s.. 102" M-N
"
100
NT&QEl l.dfcP 1 con g 5sl930 F-A
Paterson
P G E g 58.1949 MS
Peo Gas & C Ist gu g 0S..1904 M-N
Dec'02
117
61
F-A
J-J
J'ue'03
891-.
106
1194 114
103
101
'
.«t
J-D
MN
"!!"i03'4 100
Registered
NYGELH&Pg
99
105
dfc
Gaa<& Elec BergCoc g58.1949
Gen Electric deb g 343. .1942
Or Rap G L Co Ist g 53...1915
Hudson Co (.ias Ist g 5s. 1049
Kings Co El L & P g 08. ..1937
Purchase money 68
1997
Ed El II Bkn Istcon g4s 1939
A-O
BONDS*—Continued on ^ex^ Pas
74
95
1094
J-J J 05 106
1040 J-J
Leh V Ter Ry 1st gu g 5s. 1941 A-O 114
Re.gistered
1941 A-O
Leh V Coal Colscgu g5s.l9
J-J lbs'
Registered
1033 J-J
Leh & N Y Isl guar g4s..l94r M-S '90'
Registered
194r .M-S
Isl g Ist pf6s. 1914 A-O
Gold guar 5s
1914 A-O
Leh Val
Sro&M
M
l>llS»CEL.L.AKEOU!S
104
1950 A-O
Unified gold 4s
120
103
lC4'f
105
94 4
89
10 102^8 10614
<fe
Loiiisv
IO6I2IO712 107 4 J'ly '03
104
A-O
Kan C & Pacllic See M K T
Kan City Sou lstgold 3s.. 1950 A-O
Debenture gold 5s
108
104
J-J
J-J
Long Dock See Erie
Long Island l8tcong5s.ft.193] Q-J
Apr'02
Oct '98
109
110
108
Sale
87
1254
Dec '02
1181-2
no
18
1027^,
M
Erie <fcWlstg5s.. 1937
2d gold 5s
1941
Kortli Ohio 1st gug 5s.. 1945
Sho & Mich S /Se« N Y Cent
L
Lehigh Val (Pa) coll g 5s. 1997
Registered 58
1007
J-J
J-D
J-J
J-J
1051
1051
Gold34s
Registered
1951
Mempli Div Isl g 4s... 1951
Registered
1951
1031
St L Sou Isl gug4s
Ind Bl & West See C C C & St L
Ind Dec&
Isl g 5s
1935
Ist guar gold 5s
1935
1950
Ind Hide la 1st g 4s
Intdi GreatNorlatg6s..l910
2d gold 5s
1909
3d gold 48
1921
Iowa Central 1st gold 5s.. 1938
Refunding g4s."
1951
Jefierson RR See Erie
See L
Kal A & G R See Tol SdscfeOM S
an & Midi
C
K C Ft S &
See St L <fe S F
K C & R <fe B 1st gu g 5s. 1929
Iake
J
130
130
10278
Kentucky Cent See h& S
Keok & Des Mo iSee C R I & P
KnoxviUe & Ohio See So Ry
114 111
II3I4II3I4
112 112
10l7eJ'ne'03
134 J'ly'03
130 Aug'03
963.,
003
97 May'O;
134 4 135
130
5s. ..1051
874 05
102^8 Sale
6.s
O g
Registered
1121-2115
114 May'03
113i4May'0:
112 Aug03
117 Dec '02
1111-2.
Shaw
M
8934 May'03
J-D
M-S
M-S
W
&
75
A-O
General gold 5s
Ist g 5s. 1930
9934
104 14 107
105 108
60
<&
St L de N
Registered
170
92
89 4 Aug'03
OO^s
1951
W
Feb '01
100 12 J'ly '03
91 J'ly'03
75 12
75 H-
.M-S II3I2.
M-N
JeU
1st gug5s....al909 A-O
Long Dock consol g 6s.. 1935 A-O
Coal&RR 1 St cur gu 68. 1922 M-N
Dock <& Imp 1st ciir 6s. .1913 J-J
N Y & Green L gu g 5s. 1940 M-N
MidRRofX J IstgOs.lOlO A-O
N Y Sus &
Ist ret os.l937 J-J
2d gold 448
1937 F-A
SuU Co Branch
100
M-N 111
.
RR
"14
J-J
Eaatof Miun i>eeStPM&M
ast Ten Va & Ga See So Ry
Elgin Jol
99
9714
Aug'03
111
60
J-D
J-D
MS
10514105
981-)
98»4
W
1995
Gold 4s
1951
Det Sou Ist g 48
Ohio Sou Div 1st g 48... 1941
Dnl<& Iron Range l8t5s.. 1937
Regislere*
1937
1910
2d 6s
Dul So Shore & All g 53. .1937
1084:11114
143»4 Nov'02
1471-2 J'ne'02
<fc
Des .Moi & Ft U See C R & X P
Ues M <fc Minu See Cli & i4
Des Moi Un Ry Isl g 5s. .1917 il-N
Dot M & Tol See L, S <fc M So
Det <fe Mack Isl Uen g 4s. 1995 J-D
J'ly '03
J-ne'99
IO5I4 J'ne'03
io5»4
1311-2
Aug'Ol
149
109
122
lU'->8
10834
'4
85
IO6I4IO931
107 1104
107
FA
FA
1923 J-D
Ist g 48. ..1932 MS
Registered
Bellev it Car 1st
1004 lor.
11234
80
Sale
1921 FA
1951 JJ
1951 J-J
1951 J-J
1951 J-J
Spring Div 1st g 34s. ..1951
Western Lines Ist g 48. .1951
102
120»4 128
10S»8
92
LN
126^4 Aug'03
108^4 Aug'03
J-J
FA
r-j
192] Q-J
Apr'(>3
105
104
10014 Aug'o:
J'ly'03
.
1044.
192
W
102^4 1021^ Aug'03
M-N
10934 J'ne'03
S>T 15ing..V; N Y 1st 73.. 1900 A-O 110!4
102 Feb '03
Warren 1st ref giigS'as.SOOO FA
136'o J'ly '03
ISO's.
Del <fc Hud 1st Pa Div 78.1917 M-S
ij.
105
llock Val Istconsol g4 4s. 1990
1000
Registered
Col di H V 1st ext g 4s.. 104,-Tex See So Pac
Houst E <fc
Honst & Tex Cen See So Pac Co
Central Ist g48..1951
Illinois
1951
Registered
1951
Lstgold 34s
1951
Registered
1951
1st gold 3s sterling
1951
Kegist ored
1952
CoU Trust goUl 4s
1952
Registered
O & Tex gold 4s.... 1953
Registered
1953
1950
Cairo Bridge gold 4s
Louisville Div gold 3 4s. 1953
195:!
Registered
Gold 34s
113
J'ly'03
1303i A«g'03
.
J-J
J-J
103
80
M»r'08
104
Aug'03
103
J-J
A-O
Ao Low High
"00
10(';'4Feb"'0'i
104
78
SeeC
Han .t St JoSe«N Y H & Q H
N Hcfe
ousatouic
Registered
J-D
J-D
tr 48
Middle Divreg5s
St Louis Div gold 3s
lisag.
12958
130^4
JJ
JJ
J-D
Greenbrier Rv See Chos & O
Gult.t S I Istref di t g 5s 61952 J-J
iboi.l iiu'
iV4'.I,i''ne''03
93
60
110
.
L'anije
Since
5:^ Jaiiuam 1
Uiyli
Sop
100
Rapifc Ind See Veau RU
Term See St L S \\
Registered./t
95
J
W 1st pref 48.1940 A-O
W l8l pf 5s...iil9SS Q-J
.
Gt Nor— C B&ii coll
103
126'-:
Pen
Gray's Pt
May '03
H eelc's
Kan ye or
Last Sale
Low
A
1st g 58...191.'* J J
1st land gr ext gold 58. .193(1 J-J
Grand
lOO^B 103
'0
'0
95
FlaCen
W
W
(>.
Oct
I'rice
t^iiiaii
Atijjusl '-S
STOCK E.XCHANGE
WEKK ENDINU AUGUST 28
1043
Consol gold 5s
Fort St iJ D Co Ist g 4 4s. 104
Ft
A Den C Ist g 68. . 102
Ft
di Hio Or Ist g 3-4m. 192,<
' al Har di S A
See So Pac Cu
/
V Tal H tfc H ol 1882 1st 5s. 1913
Ga & Ala Ry 1st con 5s..ol945
Ga Car * No 1st gu g 5s. .1929
Georgia Pacific See So Ry
Gila V G .fc Nor See So Pac Cn
Gouv & Oswegat See N \' Cent
io'.i
111>4115
A«g'(i3
J-lv'O
93
CCC
Kl
ii)7'"
Ang'03
96
96
95 >4
100
^"l'.<3l'. Q-F
Kegjsterod
Cln S ct CI cou l8tg58..i;f2.S J-J *110
120
1014 J
tfe I consolTs
120
1014 J
CoDSolsiiik fiiiulTs
127 H;
Genenil cousol gold Cs. liC4 J
Ind
.Mar'Of
111 "-J Dec '01
113 Oct '00
•
Sur* Col IMv 1st g Is.-lttlO
W Val DiT 1st g4s...ltl40 J.J
C I St titfc C oonsol 0s..l9'J0 M-N
...fcl ',):?(; Q-V
1st gold 43
Iiirt
Hiyh No Low Hi(/h
iimiiios.
lO'.t
J-J
^t l>iv 1st g Is. lit'.U
1st col tx g Is. . HHHI
Peo<& East Isl con
1
St Loius
ifc
Kegislorcil
O
Janxiani
lH'-2J'ly'03
109 Apr"02
09
AO
D cousol s t Ta-.-lltO;')
iy:H7
JdRoUl 4S33
Cin D & I 1st gu g OS. ..1911
C I St L da C 6'f « COO* St L
Ciu S & C See V C C St L
Cleartlelil & iMali Atso U K <& P
<fc
Chic
L'levelaua
lieoeiul c 4s
105 V
n
JJ
ife
SaU
Last'
439
N. Y.
Si nee
.
2
m>M>.s
Kange
Ask Low
BUI
M
West Ind Ren jr Os qWS-2
Cliio<Si West Mich Ky 53..19i;i
Choc Ok & ii geu g 5s ...oliUii
Chic
UVCtf'S
J\'anye or
Fridaii
N. Y.
S
1
1
'
8514
105
103
90
'(.
2^.
J'ly'03
Aug'((3
J'ne'03
102 4112
9714
87
104 107
114 119
102 1074
<£;
2d guar gold 6s
1st con gold 6s
Refunding gold 5s
1904
1043
1947
1937
J-D
A-O
M-S
117
119
ChG-L&Ckelstgugos
J-J 10358-Con G Coof Chlstgug5s.'30 J-D
Eq G & F Ch 1st gu g 63.1905 J-J ibi"
118 125
93 14 96 4
Mu Fuel Gas lat gu g 5s. 1947 M-N
108 4 Syracuse Lighting 1st g 5s. '51 J-D
Trenion G <fe El Isl g 58. .1949 M-S
101
100
116
105
100
105
102
104
1014J'I.V'03
10034
IOOI4
'.'.'.
100
117
J'ly'03
Aug'03
10514 Apr'03
10434
1043j
105 J'ne'03
103 J'ne'03
105
Peb'03
109
1034
1024
1254
1074
109
1084
I0314
105
Feb '01
104
aDaeJan 6DueFeb dDncApr eDueMay ADueJ'ly fcDueAug oDueOct jDueDec
£
Option sale
—
—
7
440
Bond Eecord— Continued— Page 8
L<oui.»v »v Nashv i Coiitinueii
PeH5.iii.lii Div Kiihies... 19-20
8" > i-t »;i>lil 68
llf.M
^
I'.tSli
ytsi.
l.ote
Kani/e
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l-S
r
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liK'>'J J-J
s ist i<u(r6s...u>:;, K-A
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S A- X Ala con an i: 5s. .l-.-.." FA
Sink tiiuit jrolil lis
is'li' A-O
NoT'99
97>-jJ'nc'03
jU)7Si J'ne'dS
its
97<-<l()n
S5
Aua'03
10741071-.
92
84
113
110
115
110
100
J'lV '03
iV3"il43,
Aug'03
Dec -01
Mar'03
Mar'Ol
110
101 Hz 1013
1037eDic'0-.
t;4\
Kia
A-
llOHj
lOlf-.
L*Jert KaseC0KUR4s..llll M-S
1. N A it CU
Sen C I it L
Malum
Coal
LS&
tiee
M
McK'iu
H V
A-
.)««
Metrupoiitau tl
Mex
A-0
10134 Sale
J-J
i"os\i!I!I!
IWv A-O
Ki'u^islereil
36 100
113
u6"'iii"
.-5
anliutiau Rvci)nsoUs.li>iH>
JfitinH.l Kl 1st i; tls
Man > \V Culoiiu a 5s
I'.KK
1U;)4
108>8Aus-03
lll»a
N Y Cent
Man Kt
1
(M
M*r*et» i^i'lil OS
Coll tr i: l>-js 1st Ser
IVUl-
1907
74
lOK
lO^j
9>a
17»6 4':6
10»t 124
93'
17
10
93i4Aug03
Sale
A-O
A-O
FA
Alex Inrernat 1st con s4s.l977
Stauipi'il uiiarantoeil
1977
J-D
80
12'.2
28'.,
8
18^.,
92
97
sold Os
.>f f Is
1U1(
May'Oo
105
V Cent
N J Hie Kriti
MU L, S & \V See Clue & N \\
MU & Mad 6><; Chic & N W
St
Mil & North Hee Cli M
Bat C
Minn
L 1st goUl 7a. .19-27
19liH
1st moUl 7s
1st irolil 0s...l9-21
South West Ex 1st g 7s. 1910
19;5-l
let con sol aolilos
1st and retuuil poUl 4s..l9-l'.i
St
it
lo«a Ex
Paciiic
Ex
J-D
J-D
A-O
J-D
M-N
M-S
143
114
llO^s
143
143
115
11634 11634
I23>2l23'2
Jan
121
Sale
'02
112
98
112
97 "a sale
97
11-2
MSSM
A
<fc
4 int jru 1920 J-J
1st
Mo Kan & Tex
i09" 1205^
97
98
J-D
FA
2dc:old4s
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St L Div Ist ret g 48. ...-2001 A-O
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Kan C Pac Ist g 43... 1990 FA
M K A Tot T Istgng5s.l94-J .M-S
<fc
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Mo K A
19-;2
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gn
g;-s
Missouri Patilic 3a 7s
Ibt uousol gold 6s
t, l.-t
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19-jii
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ol917
19-20
Ist coU cold 5s
Cent Br Ky Ist gu g 4s. 1919
L«rov A- C V A L 1st g 5s 1920
Pac K of Mo l8t ex g 4s.l93S
2d extended gold 5s... 193b
Sgen con ir 5sl931
St L It
Gen con stamv gtd g 5s 1931
.M-b.
ref gold 43.-1929
M&
A
"Unified
FA
FA
96>2
77
98
86
106
82
90
lOJ'e
10134
77 >i
102
Oct '02
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Mav'03
lu2^
101 »2.
102
92
100
903^
19
101
J'ly'03
A-O
A-O
iliiisale
11034
J-J
KsiaSsUe
J-J
112
89
122 14 Sale
123
>•.
Apr '03
FA
.115
MAO
lU
102 J'ly'02
122 14 122 14
1243* Apr '03
114 Mar'03
93 Feb '03
lOlHjJ'ne'02
124
110
113
116
111
W
J'ne'03
J'ly'02
Dec '99
lOliQAug'03
77
76'a
98
73
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i\
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L
1
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roU g3»33....199«
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.1
1930
1936
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F-A
F-A
J-J
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9934 100*8
99 Dec '02
100 100
"o9>^ioo" 100»8Apr'03;
10038 lOO'ii
99 >2 Nov'02
8HSs 10 87' "'94^8
89
89
87'2 88»4Ang'03
86'4 91
86 41.
8612 Aug'03
86
92 ^8
85
91 Jau'03l
91
91
107 '4 108
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117
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102
06
105
105 IO6I4
10334 105
101
1
100
106
130
May'03
"97" Sale
1 00
May'03
17
114
130
12s
132
.132
89
May '03
'.1
100
101
.100
Feb '03
132'.,
Jan
114 U5'4
130 133>a
128 128
132 132»4
47 96 lOl'Jg
93
93
87 "a 94
Apr '03
9634
"98
10084 Sale
71
Sale
'03
97
Aug'03
93
89
12
89
9712
103 "a
J'ly'Ol
9712
97
IOOI2 1003, 121
lOO^e Aug'03
86
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71
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71
99
100"% 101
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101
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121
121
127
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J'ly'99
II214 J'ly'03
108
107
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110
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101
121
132
98
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9612 Mar'03
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94 '2 Feb '02
111 Aug'03
110
1161a
114'2May'03
114
114«a
10212
101
111
Apr'03
Apr'02
102
102
111
J.J
J-D
A-O
108 12 J'ly'02
J-D
IO214 Sale
102)4
102
102
106
10734 110
106 lOOHj
10734 J'ly'03
Mar'03
Nov'98
Mar'03
106
102
96
95
.
1.12
4.
Feb '03
97
96
95 >«
95
I22I4I23
108>4 Aug'03
92
93 "a.
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I22I4
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108 '4 10814
102
.
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Series
Series
Series
Series
Pitts Ft
B gnar
C guar
D
E
W
1942
1942
48 guar
1945
3 "2 guar g
1949
A C 1st 78.. .1912
1912
RR 1st
„
/11912
A-O
M-N
10978
106 14
96
.M-N
F-A
J-J
J-J
1
110i4ll4>a
A-O
H0'8ll2
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Nov'02
Jan '03
96
Jan
95 '2 Sale
128
}21
100
'03
130 Apr'Ol
102 12 Aug'03
102
96
128
104
27 "b Oct '02
1'28
roil est
Nov'OO
110'.i J'ne'03
110'>»J'ne'03
-
ll()i2
MS
...
55
112
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91
112
112
9978 105
120 76 '2 963j
95 »4
37
9534
93''6l07>s
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A
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Q-J
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1918 M-N
T Istsf g58
A
Un Tel Co
N Y A N J Tel
See
Wcstn Un
.VTut
gen g 5s.. 1920
No Westn Teleg See West U n
West Union col tr cur 5s. 1938
Fd and real est g 4 "as. .. 1950
Mut Un Tel « fund 6s.. .1911
1904
Northwestern Tel 78
103 la
]i;9
Feb'OoL
99
7»
105
100
75
32
J'iie'03|.
91
1103
1073.1
J'ly'03
1,10518
112
,
.
98
75
Aug'03].
75
Jan
'00
.
91
102^1
81
.11.
a Due Jan
b
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9612 96>a
12 Apr'02
100i2Oct '00
109 Oct '99
114 Nov'02
961s 100
4s.. 2397
May'97
May'97
J'ly'03!.
9612 Apr '03
Tel coU tr 48 1929 J-J
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Erie T A T col tr g
J'ne'0-ji..
91
103
Xopnc«])'nda]r; late«t bldandaakedtblsweek.
Telep
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Nov'OO
Apr'03
Aug'03
106 '4 Feb '02
105 Oct "00
01917 A-O
.-,u.'«)16s..l917
I.
112
J'ne'02
BUNU.S— Continued on Next Pa«e
"Vl-N
Cah C M Co iHt gu g 6«. 192-.:; J-D
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Va IronCoal&C iHt g 58.194;tiM-6
124
139
Telegraph and Tclcplionc
9713 99 4 103
7834 79
79
108 115
102 '2
107
lOiia
80
;9.jl,J.J
124
139
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&
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I
I
1
95
g 48. 1923 M-N
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1905 J-J
1912 .MN
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Con currency 6s reg...{^1905 Q..M
(oTi=ol 'j-old .'r
1919
191-.'
Coal and Iron
Can Coal Mm SeelCl&R
Col C A I Dev Co gu g 58.1900 J-J
Col Fuel Co ut-n gold 6«...1«10 M-N 109
105 la
105
J-D
A-O
1 932 A-O
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3d 78
nil.SCELJ.AA'EOL'S
Col
MS
CI A P gen gug4'2S80r A.'4'4 J-J
Series B
194'.i A-O
Series C 3*28
1948 M-N
Series D3I2S
1950
Pitts gu g 3 128 B 1 940 J - J
Erie
1940 J-J
Series C
Penn
J
96
105
110 Dec'Ol
106i2Nov'00
1921 J-J
LA
A-O
-D
J-J
98
Jan -03
Feb '02
Nor
3128 coll trust reg.1937
Guar3i2«colltr ser B...1941
Tr Co certtf's gu g 3 i28.19i6
P Ist con g 5s. 1932
est
2d-78
1992iSepl
i
10514
103^8
101 ^8
101
100
9934 J'ue'03
J-D
l8lgug4s..l99)|M-S
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104
95
100
81
109 "a Sep '97
98''8
10034 103Sto
101
10234
Aim'O:'
J'Iy'03
May'03
123i2Mnr'03
101
A-O
10312
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79 'e Pennsylvania Company
Guar Isl g 4128
1921 J-J
A-O
lOlSg.
101 14.
1-.
127
Ist 8 lTxn<lg4'2S.. 1917
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)
1
See Gt
NYC
W
110
Dec '99
I
_,
C B A Q coll tr 4s
Guar
95 14.
95
lllia
112
120%...
lieu g 4s.. 1997 Q-J
Registered
1997 Q-J
General lien gold 3s
a2047 Q-F
Registered
a2047 Q-F
Panama
100
76 "2 Sale
111\
106
101
11214...
QM
Y O A W ref Ist g 4s..vl992 M-S
Vl992 M-S
X Y A Put .See N'Y C A' H
N Y A R B see Long Island
X Y S & W See Erie
X' Y Tex A M
See So Pac Co
Xor A South Ist g5s
1941 M-N
Xorf A West gen g Gs
1931 M-N
Iiiiprovem't A ext g 6s. .1934 F-.\
New River Istg 68
1932 A-O
N A W Ry Ist con g 4s. 1991! XO
Kegistered
1996 A-O
Pocah C A C )oint4.s..l941 J-D
CCAiTl8tgug5s
1922 J-J
Scio V A N E Ist gu g 4s 1989 M-N
North Illinois See Clii A N W
North Ohio See L Erie A W
9112
iS'
J-J
d
19a7 J-J
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!)
18H4-1904 M-S
i;.^.^. ..;d
M-S
M-S
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-V Y & Har
6ee N Y C A Hud
X Y Lack AW See D L A W
X Y L E A W See Erie
XY'^&LougBr See Cent of N J
X Y A N E See N Y N H A H
Xew York New Hav A Hart—
Housatonic R con g 5s. .1937 M-N
N H A; Derby con g5s..l9]S M-N
N Y A N E 181 7s
1905 J-J
l8t68
1905 J-J
X Y A North See N Y C A H
W
IIB
110
10634
107
107
lOl's Aug'03
M
W
I.
193
St Paul-Dul Div g4s
199(;
Registered
1996
St P A N P gen g 6s. ...192
Registered certi(ic'8..1923
St Paul A Dul Ist 58. ...1931
2d 5s
122 127'2
1917
12438 12512
Ist consol gold 4s
1968
9134 971Wash Cent Ist g 48
1948
114 11512 NorPacTerCo 1st g 6s. .1933
Nor Ry Cal See So Pac
93
93
Nor Wis See St P
AO
Nor A Mont See N Y Cent
See
C C A St L
OInfl &
hio Kiver RR Ist g 58.1936
General gold 6s
1937
Ore A Cal See So Pac Co
Ore RR A Nav See Un Pao
12234 124
Ore Short Line See Un Pac
110 116
Oswego A Rome Sec
C F A St P See C A N
Coast Co Istg 5s.. ..1946
Pac of Missouri See Mo Pac
ac
84
M
I
1.2
113
115
111
112
110
1111.2
913^ Aug'03
Q-F
1931 J-J
coll 4s Ae« Southern
Mohawk & Mai See N V C A H
Monongahela Kiv See B A O
Mont Cent See St P
A
Morgan's La & T See S P Co
Morris A Essex See Del L &
^T ash Chat A St List 78.1913 J-J
192» A-O
1st consol gold 5s
Jasper Branch Ist g 68..1923 J-J
Mcil M
A Al 1st 68.. 191 J-J
Branch 1st 6s. ...1917 J-J
Naah Elor A Shef See L A 2s'
Nat of M ex prior lien 4 i-js. 1 926 J-J
1st consol 43
1951 A-O
107
94 12
Jiig/i
i24"'yan''03
139 Jan '03
Nor Pac— Prior
111 Aug'03
S4>a
bo's
93
la
10138 105 '4
llO^J'ly'OO
93 Apr '02
Guaranteed g4s
New HAD Aee N Y H A U
N J June KP. See N Y Cent
New A Cin Bilge See PennCo
NOA X E prior lien g 6s pl915
N Y Bkln A JSlan Bch ^ee L
N Y Cint A a P.iv g 3H!3.1997
87 '2 90
97 105 "2
1<I5'2 106
107 111 '2
118 122
22 10234 10738
Mav'Ol
lOlSsAug'Oo
<fe
TAP
loo's
85
104 lo
l('7l2lll
Aug'03
100
1st exlousion gold 63.. /i 1927 q-3
193S .M-S
(ieueraigold 43
MoDtgom Div Ist g 53. .194
M
95
75
98
96>2
1021-:. 106
Aug'Oj
108S2lOiiH2 IO8I2 loSio
107
107
107
IIS'2...
118 Aug' 03
105 ...
10434
lu5
J-J
FA
ios'
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96 Vz 97
77 "iz Sale
99 "2 Sale
Low
0512 Nov 'oi
i
98
105
114
X'
M-b
Verdi V 1 & W 1st g OS. 1920 MS
Mob it Biruii>rior lieu g 53 1945 J-J
Mortgage gold 4s
1945 J.J
Mob Jack K C l8t g 5s. 1946 J-D
Mob A Ohio new gold 63. .1927 J-D
St LA: Cairo coll g 43..el93U
103'4
Nov'Ol
Apr'Ol
103
J-J
Ist g 4s. ..1990
4^1990
1453«
143
Fob '03
123>2Apr'03
11634
Minn it St L ku 6«« B C K <k .V
M<t F l8t 5ssti>d4sint!iu 19:iii J-J
K
M St PA- SS JI Conp4iutgu'i!b
Minn Uu Hee St P M <tM
1951
A Sturlstgu g38.19.^9
Registered
1'
<fc
.\o
'02
109" Aug'03
107
102
102
N V A Harlem g 3128... 2000 M N
Registered
20(i() M-N
N \' A North 1st g 5s. ..1927 A-O
R WAOcon 1st ext 58. 1922 A-O
Oswe A R -Jd an g 5s...el91,' FA
R W A OT K 1st gu g 5s.llil,s M-X
UticaA Blk Rivgug4s.l922 J-J
X Y Chic A St L 1st g 4s. 1937 xo
Mill of
i05'
HIS
/»
90<>8J'ly'0J
.VI-S
LASlslg3'28
J
.\l-S
Mex Northlst
...
65
81
Hii/li
Oct
105
'.
1940 J-J
1940 J-J
Resristered
72
J-J
Ask Low
lUU
103
Since
./aniiary 1
BV Istg6sl918 JJ
48
1
"ly
ily
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1
Jlich Cent 1st consol 68.1909
OS
l'J31
Registoreil
1931
*V<?
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Mich Cent
McKeesA
104 Hi
108
FA
FA
Ka n(/e
ireefc's
AiK/ust S8
JD
K»-^i5ierfil
N
1st 4S...19S6
LXXVU.
Han ye or
Last Sale
Fi~itiav
9S6
N Y it Pu 1st con gug4s 1993 A-O
Nor it Mont 1st gu g 5s.l91('> AO
West Shore 1st 4s gu... 2361 J-J
Rfgistored
2361 J-J
Lake Shore consol 2d 7s. 1903
Kegisterod
1903 J-D
Goid3i2S
1997 Jl)
Registered
1 <nt7 Jl)
Det Moil A Tol 1st 7s. 190(; FA
Ka A A G R Ist gu c 5s. 193S J-J
Mahon C'l RK ist 5s.. 1934 J-J
Pitts MoK A Y Ist gu 6s. 193 J-J
2dguar6s
1934 J-J
Jne'lli
75
n;<
June R gu
Resist ered
l'25>-2A«st«-;
MS
MS
/Vice
N. Y.
NJ
116^Mai'CJ
M-S
HO.N 1>S
STOCK E.XCHANGK
Sale i=5ic
Week ExniNu Avoust 2s
Hi'i/'i Ao Low Mlgh
N Y' Cent A H l^—( Continued j
Last
AiiijKgt 'JS
\Biii
,
"S-a
]zt
\
Frida u
Ss*-
»eek-s
JiaiKie or
I'riee
STOCK EXCHANGE
Week k.m>in« acovst 'JS
N. Y.
[Vol.
M-N
J-J
10534....
105
105 Ang'03
102
103
107'2J'ne'03
IO5I4IO8I4
IO514 J'ly'03
>
M-N 103
M-N 106
....
107
'2
110
105
10712 109
105
23 102
J-J
&
Industrial
Maniifacturini;
Bicycle s f debeu 5s 1919 .M- S
1915|Q-F
Am Cot OU ext4'3H
Amer
Am
Am
Hide A L Ist s g68..1919;M-S
Siurits .Mfir Ist i-6s.. 1915IM-S
t
eDaeMay j/DueJ'ne
A.
Due
J'ly
34
95
83
p Duo Nov
34
42'a
9378 101
Peb'03
9373 Aug'03
S3
87
8334
24
J'ly'O.i
fOptionsale.
83
85
98
9414
—
1
August
J
—
.
ausuf>
Price
tYiiiau
STOCK EXCHANCiK
Wkek Kndix<j AconsT 2>*
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.4
uoust
^f)
Jiani/f
Jiani/e or
Sale
106
100
103
106
Coiisol jiolil Is
1943
AUfi; Vai ki-u hu g 4s...liU'J
Clct Mar 1st iia i;4Sj3..iy3J
DKi: Hi\; Uis'i" Isi Ku4sK.'oi;
Gr li Jfc 1 ex 1st xu S 4 >-jS 1 94
108 »u 109 "4 106
4s.. .193(1
Ren 43. 1944
117
VS
Lewis
KK
J
A-
Ist
Can
lO'J
Pi'tisaiola it Atl Hei! Life >.'«.sli
Pf«i i\L Kiist *V« C C O <& St L
19--'l
P>'o A I'oL Uu 1st gtjs
i)19Jl
•Jd i.-oM4'-jS
Huron
l>t
Cm
O.'i
19o9
jfiiar
123
W
1181*
X
M
114
94 Tg Sale
Cent coU
Dan
tr
Sar
<te
1997
1997
4s... 1951
^Vf
D
it
U
South Ry
Meek See Suutbeni
BioWr West 1st k48
1939
Consul ami col trust 4s .1949
Utai; Cent 1st ^i s 4s.al91
Bio lit June 1st gu g 53... 1939
Bioei So lslgoUl4s
1940
Giiarauteeil
1940
Bicli it
Bicli it
d.-
SeeU
Pitts
H&P
Bonie Wat A; Og See N
Butland 1st con g4'2S
Rut-Cauail 1st Ku
Cai: Tus
H
it
12412127
9.-.
95
J-iio'(
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[116
Auk03
107
106''4
110634
121
111
Oait Lake C
AC
113
90
A-O
J-D
.
IOOI4IOUI4
98
1001.1
r20»QDec'02
9334
ii5
146
96 1^ J'ly '03
91 >2
91 Hi 'I6
984
d6
90
snw,
J-J
J.J
Ang'03
Jan
961
96
94
88
J 'ly '03
75
75
92
99
92
nolo
Con
Aug'03
Mar'03
1941 J-J
lOHiNov'Ol
96
88
May'03
94
87
M
M
104
104
104!% Aug'03
109 'a
81
113
W
94^4
95
8912
72 V2
68% Sale
M
6712
7334
6934
63 7e 85 lo
86
66
113i2Feb'03
II318II312
12714I3514
95
IIOI4.
12714
127 12 J'ly '03
140 May'02
107
107 Aug'U3
116isApr'01
IIOI4....
110 ^ J'ly '03
100 IOC's IOOI2 10012
106 May'Ol
103
104 Aug'03
KcKistercd
1933
Bediu-ed to gold 4>2S..1933
Resiistered
1933
Dakota ext gold 6s
1910
Mont est 1st gold 43
1937
Begistered
1937
EMiau Istdlv Ist g 5s.. 1908
1908
1948
19-2-2
1937
Ktgistered
1937
1937
1st guar gold os
WiU Jfc S F 1st gold 58. .1938
St P <fe Nor Pac See Nor Pac
128
134
115
126>a.
IIOI2
W
Scioto
Val
&NE
See
Xor <fc
W
Seaboard Air Line g 48 ...1950
CoU triefund g 5s
1911
Seab & Roa 1st 5s
1926
Car Cent Ist con g 4s. ..1949
Sher Slxr & So See
K&T
M
IIII2
IIOI4II4
100 104
103
105 12
Apr '02
Mar'03
Apr'97
134
134 14
105
.
77^2 3316
Dec '01
77
78
FA
GalHar& S A 1st g 68.. 1910
2d gold 78
Mexife Pac 1st g 5s
W
MS
J-J
JJ
MX
MX
MX
Nor
<fe
103'-.
N J KR & C Co
North See
<fe
See
Un
10534
IO4I4 104 i*
10.-3j l()li4
1194 1193+
119 11934
110 110
106 411(»
108'4 112
May'(.'3
A«g'03
J-J
J-J
MN
'O'^
Apr'O
113:^
U3
iim Au-'O:
92 4
9612
112
94
120
1114118M
1 1
1
89
974
11241134
94
984
1
"8
4 Apr '03
Aug'03
95
93
105
101
30
i)3
112
J-J
J-J
AO
May'02
108
10.')
93
112
J-J
JJ
A-O
J-D
J-D
J-J
J-J
M-N
M-N
J-D
FA
J-J
P-A
Pa RK
Rio Gr
iSee
103
Feb '03
Mai'03
III4OCI
105
11338 Sale
J-J
1908 J-J
1926 J-J
1st 7s
SC4
71
IIIOI4 110'4
'111
1114
10834 J'ne'03
M-S
J-J
Registered
1 94 7
1911
IstUen convert 4s
Begistered
1911
Ore Ry <fe Nav con g 4s. 194(5
OreSliort Line 1st g 6s.. 1922
1946
Ist cousol g 5s
1927
4s & participating
Utah
11:
1.,
1
Dec '02
Mar'Ol
Sep '02
11184
11618Mhv'03
116 Sale 116
liG
IIOI2 114 Jan '03
118 ....
122 Mar'03
116 ....
1244Feb'03
120
1154
...
1144
....
113
100
115
114
lU
122
123
10 114
101 14 J'ly '00
IO9I4 J'lv'03
lOOia
109
92 Sep '02
103
103
123 Feb '02
112 Feb '03
115 Jan '03
108
110 11114 ^..„ Aiig'Oo
110 113 4-Miiy'03
"8i"
93 Feb '03
11214
115 4 Mar'03
103
117
11534
124
1244
118
11134
103" io8"
Sale
125
1104
1194
112
115
los
112
115
1164
1134113*8
93
115
93
1154
J'ly '00
95
104 4 Sep '02
105
110
107i4J'ly'03
11218 Aug'03
115 J'ue'03
W
TolStL.fcWprlieng3i2S.1925
1950
50-year gold 4s
Tor Ham & Buttlst g 48./11946
Ulster<fcDell8tcong5s 1928
nPacRR& lgrg48..1947
»
111
11234
95
Mid
irginia
m
102
115
11434
J'nc'03
81
1184
1084 Aug'03
99I4 10368
99^8 1034
90 "s IO7I4
105 14 IO5I4
10514 Jan '03
9734 "25 97
97=8
15 120
120
120
97=8 Sale
123
,
1104
89^8
115
1104
102
100
1084 111
110 113
1104 113
107 107
90
97
92
88
8334 86
7038 80
98
98
lOS IIOI4
81
110 J'lv'03
110
110
107 Feb'03
90 4J'lv'03
1
88
88
8ih 85 4 J'ly '03 "2
72
71
7218 72
98 Apr'03
108 J'ly '03
153
9973 Sale
9958 100
9978 Aug'03
94S(, 339
"94-^SiUe" 94
110
90i4Sale
106
103
117''8
102
113
May'03
11414
IO7I4 11234
II24II8
1
9OI4 145
109
8734
102
1274
114
98 14
.Nov'02
1144Apr'02
Wes
Pacific
W
iS'ee
9612
40
75
IIII4IIII4
95iij 95 12
A
1939 J-J
Series B
1939 J-J
1st lien equip s fdg5s..l921 M-S
Det
Ext 1st g 5s.. 1941 J-J
Ch
Des Moin Div Ist g 4s. .1939 J-J
&
843s,
lOOmOSSa
South Ky
South-w't 1st gu 5s. 2003 J-J
193;; M-N
Wabash 1st gold 5s
2d gold 5s
1939 F-A
Debenture series
95 la Feb '03
OmDiv
1941 A-O
T0I& ChDiv 1st g4s... 1941
St Chas Bridge 1st g 6s. 1908 A-O
Istg 312S
MS
100 1014
114i«114i4
104 105
97
6O34 Sale
1034
101
114
101
114
1044 105
1014 Apr'03
574
19 100
3
3
103>a
1134118
1034111
100
52
101 '8
107
109^8
81
6O34 i9(i
85 4
8434
1044 Dec' 02
V.'.'.V."8i'
107
97
84
98
J'ly '03
May'02
J'ne'03
Mar'02
1.094 Mar'03
II5J4
iSee Del Lac & Wes
Wash Cent 6'ee Nor Pac
Wash O W See Southern
lbs" i09»i
114
Warren
102
Jan '03
102
102
<fe
9714
86
9734
86I2
105
97>2Sale
84 >8 Sale
FA
1905 J-D
1931 M-N
GUa VGcfeX Ist gugos. 1924
Hous E &
T 1st g 58.1933
1st guar OS red
1933
10012
103
102
.Miiy'Oll
9>4
119
110
108
J-J
AO
Va &
10114 IOII2
11 II4 May'03
QO'-i.
W
Mort guar gold 3'2S..fel929 J-D
Registered
A:1929 J-D
KR
Nov'02
Seu'02
106 4
105
112
904 944
Utica & Black R See N Y Cent
See Mo P
\} er Val Ind <fc
128 Oct '02
123 Dec '99
95 14 No vol
111 Apr'03
87 Aug'Ol
95 14 May'03
M-N 101^2
J-J
J-J
Penn
&
Utah
W
1949
M-N
M-N
HI
11014 .\pr'0;;
1 1 1 '2 Aiu'o:'
103 '4 J'IV'03
104 '4 Mav'(l3
1 1
January 1
108'4 112
Mar'(i3
102 J'ly '03
113 Jan "01
1 05 4 Xov'dl
75
774
AO no
A-O
FA
195i:
Gold 5s
Aug'Ol
11334
J-J
J-J
A-O
See
100
110
Texcfe Pac E Div 1st g 6s ..1905 M-S
2000 J-D ll4i4Sale
1st gold 5s
75
90
92000 Mai
2d gold inc 5s
1931 J J
1084
La DivB Llstg 08
1935 J-J 107
Tol
O C Ist g 5s
110 Sale
Western Div Ist g 5s. ..19
IO7I2
1935 J-D
General gold 5s
92
Kan<fe AI 1st gug 4s.... 1990 A-O
* 874
T0IP& Wist gold 48.. ..1917 J-J
IIOI2II8I2
IIII2
111
J-J
M-N
& Lew
X'tah Central
A-O
SU Sp Oca & G 6'ee Sav F &
Sod Bay & So 1st g 5s
1924 J-J
So Car & Ga See Southern
So Pac Co— CoU tr g4>28..1905 J-D
Gold 4s (Cent Pac coU).A:1949 J-D
Registered
fcl94'J J-D
A <fc X Ist gu g 5s. ...1941 J-J
Cent Pac Ist ref gu g 4s 1949 FA
Begistered
106
9712
Uni
W
1934
St John's Div 1st g 48.. .1934
Ala Mid Ist gu gold 58.. 1928
1st gug 48. .1938
Bruns*
SU Si) Oca & G gug 4s. .1918
A O
Miiy'()3
130
122
102
102 la 106
103
110
W
Sunb
125 12 Feb '02
StP&S'xCity 6-eeCStPM<feO
SFe Pre3& Ph Ist g 58.. .1942 M-S
S A <fc A P See So Pac Co
S F & N P Ist sink I g 5s. 1919 J-J *105»9.
Ist gold 68.. ..1934 A-O
Sav F <fc
'St gold 58
129
72 'u Sale
St Paul Ac Dal See Nor Pacific
St Paul
& Man 2d 6s.. .1909
1933
1st cousol gold 68
Xor Div 1st gold 4s
Miuu Union 1st g 6s
Mont C 1st gu g 68
120
108 12
92
100
'.'.'.'.'.
A<>
Au«'03
92
an fie
Siiuie
Av Low High
127 4 Feb "02
1121a
J-J
.\-o
115
Sy ra Bing <fc N Y See D L &
95 12 'Pebo&N 6-«eMK&T
100 J'ne'03
1 erAof StLlstg4i2S..1939 A-O
100
82^8 205 7834 91^8
1894-1944 F-A
Sale
81
1st con gold 5s
118 J'ne'03
BgeTergu g 58.1930 A-O
118 124
St
"21 79
7934 7913
80
88 12 Tex & N O iSee So Pac Co
93
Giavsi'tTerlstgugSs 1947
Begistereil
IO312IO6
i25"
Hiiih
111
111
1
89^4
1(15
LM
1936
St Loius So See lUinois Cent
Ist g 4s bd ctfs.1989
St L S
2cl g 4s ino bond ctls...i>19S9
Consol (told 43
1932
104'% 106
104VAiig'03
121 Aug-ua
109 hi 109 hi
92 Atig'03
120^2
1
"77 4 Sale
104
Equip sink fund g 5s. .1909 M-S
1927 A-O
Deb OS stamped
Uichife Meek 1st g4s...l94M AIN
5s.... 19 19 M-N
SoCar<fc Ga 1st g
Virginia Mid ser C 63...191(i M-S
1921 M-S
Series D 4-5s
192(; M-S
Series E5s
1936 M-N
General 5s
l!)3(i M-N
(juar stamped
Ist cy gu 4s. .1924 F-A
O <fe
WestNC l8t con g68..1914 J-J
S <fc N Ala See L & N
Spok FaUs & Nor 1st g 6s. 1 939 J-J
Stat Isl Ry 1st gu g 4H.S..1943 J-D
W
M
100
SS
JJ
JJ
ifc
g4 '•J3.1949 J-J
«
I:
2o
J-J
190
1st gold 5s
J-J
1938 M-S
E Ten reor Ueii g 5s
1922 J.J
GaPac Ry lstg6s
Knox & Ohio Ist g 68... 1925 J-J
191
Dan con g 6s
Rich
J-J
75
92
75
92
Ace Pere Jlarq
1st g s t 1)3. .1913 J.J
Registered
193
Sahiuo Div latg 68.. ..1912
1943
Con gold 5s
1 994
Southern— l8t con g 58
1994
Resistered
Mob<fc Ohio coUlrg4s.. 193s
Div Ist g 44-58. ..199('
Mem
1951
St Louis div Ist g 4s
191
Ala con R 1st g l5s
1948
Atl <t Danvlst g4s
Atl <fc Yad 1st g guar 48. 1949
1916
Col<fe Greenv 1st 63
E T Va €& Ga Div g 58.. 1930
112'-.
V Cent
St Jod: lir Isl Ist g 3-48. .1947 J-J
8t LRWifc .\>Urou 1st g OS. 1990 J-J
•2(1 gold lis
1996 A-O
Si L it Cairo See Mob <& Ohio
St L <t Iron Mount See
P
St L K C <fc N See Wabash
St L
Br iee T KK A of St L
ST L ifc S Fran '2il g 6s CI B 1906
•2<1 gold 6s Class C
1906
tfeiieral gold 6s
1931
General gold os
1931
St L<fc S F RK con3g4s..'96
Div 1st g OS. .1947
Southw
RetuDiliiig g 43
1951
K C Ft S&Mcong63.. 19-28
Ry ref g 48 1936
C Ft S &
K
P Coast l8t gug48
Tex it N O 1st 78
'0'.
112Vi UO'-iFeb'OS
.
ct
S
11634 1171,
94
90
5s. 1927
K&
107 "a Oct '98
117
941a.
W
Cal Isl guar g
1st gug4s.l9-i:
Ist K 68.. .cTJOO
clOlO
1st guar g lis
1905
S Pof Cal Ist g 68
1905
Ist g 68 series H
latg (is series C <fc D...19(Hi
F...19r
Ist g 6s series
191
1st gold 68
193
1st con guar g 5s
1905-. .193
Staiuiied
.191
S PacolN Mex 1st g 63.
>•.
ASk Low
1071-2
1)8
gold 4s
SAit A Pass
So P of Argu
I
JMV(I3
Week's
Kantje or
Last Sale
Bin
gulstg48.1912 A-O
1907 J-J
.Noof Cal Isl gu g6a
1938 AO
Guaranteed iroUl os
!>tie
J.J
i.
CmUinued
YT&Mex
.N
100>4 Fell '03
&
K.'V-ist erect
Jerst-y
May '00
n7'4J'ly'03
9S J'ly "97
98 Aug'03
1st K 5s... 1940
ReaiUuK Co ireug4s
BensseUer
Consol g
]04ial06
Price
triiiiiii
August I'S
A TClst
II
Hen
J'Jy'03
(
gfisint gu..l937 J-J
ml guar. ..1912 A-O
iiit guar.. 1921 A O
WacoA N div 1st g (is '30 M N
Morgan's La Jb T Ist '7s.l91S A-O
1920 J-J
1st gold 68
106
120 Oct '01
112»2Dec'02
.
Pac Co
.•southern
Co
Co
&
Kt
192-'
Jiiuc 1st iloUX lis
Krie -Jil g os...al9'Jti
iV L
Y Ccn
.McKees it V See
L K
1
«5
STOCK EXCHAXOE
Wkek Exuinq August 28
i37"'Nov'97
GS...1932
L
See i'emi
it St
.t Tol Ist K lis. . 19-.>2
.»<• I'cuii
i-li
A-
116
107
106^4
lOCi-j
1943
1st cousol goUl 5s
1917
Pitts Jc West lst!r4s
<& Co lertJs
J P
Pitts y
.\sh 1st con 53.19-27
BtK-h
118
117
106
iis.l9-.'o
Clev
!ili
106
1
124«2Apr"03
i)iv l8tp58.19;Hi
1st IfltK 48.1931
PiDf Creek rea
Pitts
Pitts
Pitts
Pitts
Pitts
Pitts
106
Nov-97
H
Sa:.Tu.SiVj
Pui.-i
Jautiarii
Hiah Ao Low
iV2\ Alar'OO
IS
Poro .Mani— K <V P M g
Isl colisol uoUtSs
441
Y.
•V.
.S'liici"
Last Sale
Low
I
vl:
7
Bond Recoi-d—Concluded -Page 4
29, 1903.J
N. T.
Suii
S
)
1
971Q
8573
95i2lODi«
9216
84
971-;
8618
95 Apr '02
105 12 Feb '03
9738
98
99 14 Mar'03
84
IO512IO5I2
96 102
99I4
8812
99I4
8418
82
103
,106
110 '4 Feb '03
105 Feb '03
IIOI4II2
109^8 Jan '03
,107
107 Is 1097,
IO9I2IO9I2
105 105
105
109 12 Feb '03
105 May'()3
102 12 Dec '02
105
WestN Y<fe Pa
5s.. 1937 J-J
gold 3-4s
1943 A-O
Income 58
dl943 Nov
West No Car See South Ry
West Shore See Y Cent
Va Cent & P 1st g 6s..l911 J-J
115
"30" I""
II514
964 J'ly '03
W
Wheel'g
<fe
LE
105
A-O
1st g 58... 1926
Wlieel Div 1st gold 58. .1928 J-J
Exteuife Imp gold 5s. ..1930 F-A
l8t consol 4s
1949
Wilkes & East See Erie
Wil & Sioux F See St P
&
Winona <fe St P See C <fc N
Mar'Ol
40
MS
106
Sep '02
Mar'03
90
113
110
"90"'IIII
90
1164
110
86
J'ly '03
11 24 J'ly '03
108
112
108
1124
1184
96^2 101 Ja
N
110
9334
M M
Wis Cent
.11.
Istg
Gen
W
50-yT 1st gen 43.1949 J-J
89%
8934
IO4I4
8934 Sale
1044
11
86
9213
.UlSCEIXANEOLs BON Us>—Concluded.
Btanulncturing &. Industrial
AmThrt-ad l&tcoltr4s...l919 J-J
Bar d: > car Co 1st g 68. ..1942 J-J
Con.>..i ro'iacco50-yrg4s.l951 F-A
Distil Sec Cor conv Ist g 5s. '27 A-O
Distill of Amer coll trg 53.1911 J-J
HI Steel Co deb 5s
1910 J-J
Nou-conv deben 5s
1913 A-O
Int Paper Co 1st con g 68.1918 F-A
Knicker Ice (Chic) 1st g 5s. '28' A-O
Lackaiv Steel 1st g os
1923!A-0
)iat Starch Mf g Co 1 st g 6s 1920' M-N
4at Starch Co s f deb 5s..l92ol J-J
%tan Ropei Tlstg68...1946IF-A
Income gold 5s
1946j
LeathCo srdebg63..1913,M-X
S ShipbldgcoU & mge 58.'22 P-A
V
1st s I 03 g "A"
1932 J-
.^lisceilaiicous
78
57
594
93
95
.105
S Steel Cofpcoltr2d5s.d'63|M.N
s&i&ei(..Ofpcoitr-.idos.(t'63m.Xi
•No price Friday;
latest bid
564
59
100
99
100
78
J'ne'03
Jan
92
70
48
574
60
3011
15
Mar'03
Jan '99
May'o2
1084 Aug'03
93 Feb'03
44 Sale
110
95
70
46
44
108 4
and asked.
0I34
6734
Mar'03
70
J'ly '03
44
1084
Jan
59
9834
84
oDueJan bDueFeb
1
77
00
Adams Ex col tr g4s
1948 M-S 1044.
Am Dk & Imp 5s See Cent N J
Am SSCool Va g os 1920 M-N
W
FerryCo Ist
93
95
94
68
40
93
100=4 J'nc'02
J-J
AO
1004.
80
Man Bch HcfcLgeng4s..l940' -M-N
N e Ship & D D 5s dl990
N Y Dock 50-yr 1st g 4s.. 1951
974 Newi)
J-J
95
F-A
c
80
68
Mar'03
Mar'Ol
SO
89
103
106
73
76
Feb '02
M-N
M-N
4 904 904 Aug'03
Joseph Stk Y'ds 1 st 4 4s. 1930 J-J
St L Ter CuppiesStat'n* Prop
Co lstg448 5-20 year. .1917 J-D
34 13 4
12
....
4 108 4114 4 S Yuba Wat Co con g 6s.. 1923 J-J *104
Sp Val Wat Works 1st 6s. 1906
1014-..91
91
...j
23
80
V S Red <fe Ref 1st s f g 6s. 1931
12
73
111
80
50
F-A
IJ'kl'n
cons g 5s '48
Chic Jc <fe St Yard col g 5s. 1915
DetM&Mlrtgr incomes.. 1911
iloboken
1 gold 5S...1910
Mad Sq Garden 1st g 5s. .1919
L&
10534 110
'03
254 J'ly '03
79I4 496i| 76I4
791.
014
784
91
7878Sale
80
'00
9534 Aug'(i3
90
69
40
Us
U
\j
Sale
Sale
78
105
75" "954
89 4 95
St
MS
87S8
87=8
Due Mar d Due Apr
104
J'ly '03
104
104
79
85
1134 J'ly '00
79
Aug'03
|_
ff
Due J'ne
ft
Due J'ly
fc
Duo Aug p Due Nov
? Dae
Dec sOptionsalb
4
1
BOSTON STOCK EXOHANGE-Stock
Share
Pricei*
— Not
.STOCKS
60!^
8! 'Si
60T»
60<\i
S.'»v
60\
6118
2jO
IM
•249
137
360
•2i:sJVj240
'•>:i5
•170
•174
172
175
•2t»5
300
170
•174
•295
240
170
175
300
•349
•
61V,
884 88 4
249
138
340
170
176
300
249
13S
IS'
•2;f5
170
•174
»295
Aufftist ~'6
'
Auijiist
'
624 63
89
249 250
62
•5878
34>'
138
240
168
138
138
'137
240
170
'167
240
300
240
168
Last Sale
17-.
63
•89
249
137
6'
894
249
'238
'167
300
•J98
Z7.5
-293
3iiO
Last Sale 140
'120
191
•lot!
191
191
191
..195
•Ititi
•is:;'
••J75
ass"
l.s:>
•375
•134
•40
134
'40
•175
43
•166
•IBB
13.i
i84" 134
•40
45
45
2134
80
79>->
>*ii
•US.
196 V
15>-.-
14's
10-<
'
•_>-J5
•
147,
'
75'*
•15
78
74 '^
•f»;-.';
170
73Tg
•85^
SOV,
•109'-. Ill
16S
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91
85
71
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1634 J'ly 23 26-''8Janl5
38 4 J'ly 23 52 Jan 15
150 Jan 14 150 Jan 14
99
31
Jan 254
Jan 175
Jan 238
J'ne
Mar
Apr
Jan
Apr
Dec 217 Apr
Mav 85 4 Sep
Mayll i)S
Jan 9 79 4 May
Jan 20 Ol'sDec
7
Jan 12 25 Nov
75 Jan
8434 Jan 10
58 Jan
Vj Jan
94 J'ly 22 104
6 103 Oct
6('>34Aug 8 104 4 J an 9
93=8 Dec
8334 Aug 1( 95 Jan 27
SOSg Mai170 J'ne22 178 Feb26 172 Jan
Aug 7 97 Feb 10 92 4 Oct
87 4
Do pref
Amer Pneu Serv
Do pref
100
60
730
lis
20
5(1
100
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91
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1254 -\pr
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90 May
110 Mar
113 Aug
94 4 Aug
178 J'ly
99 Mar
1114Dec 117 J'na
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3938 Jan 55 4 Sep
145 Nov 152 4 May
2,006
110
518
375
150
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10
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100
United Fruit
100
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95
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26
100
100
100
100
100
100
25
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100
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50
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14
Do
82
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pref
Aug'03 Westing El &
Do pret
Aug'03
Jan
'.
Feb 11
26
8(3
Mar
Mar
7
24
19
Dec
764 Dec
4 Feb 1
2
4
4
21
Jan
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116 Augll 122 4 Feb Ih 115 Jan
127 AuglO 169 4 Feb 18 155 Mai
84 AuglO 14"8Feb24 12 Dec
68 4 Aug r, 79 4 Jan 22 73 Apr
34J'ly
534 Jan 22
334 May
117 Aug ( 127 Jan 6 122Vj.\pr
8 Aug i 62 4 Jan 2 25 Jan
6 J'ly 13
834 Jan 23
7 Nov
225 J'ly 24 310 Febl7 244 Jan
149V2AuglO 204 FebK; 17134 Oct
30 J'ly
4834 Feb 20 364 Nov
74i4J'ly24 88 '8 Feb 17 82 Nov
164-»4 AuglO 190
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I'iAug 6
2 4 Jan 29
1^8 Dec
2434 J'ly 10 86 Jan 2 87 Nov
123 J'ly 27 139 Jan 2 135 Jan
9 Apr 24 20 Jan 6 21
Dec
197 J'ly 15 237 Jan 9 216 Jan
9 Mar27 10 Feb 13
6 Jan
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25 J'uell 2684 Jan 15 26 Oct
28 J'ly 8 2934 Jan 6 28 Jan
.
134 Jan 12
5
Apr21
1 4 Aug
91 Augl3 111 Jan 10 85 4 Jan
44 J'nell 53 Jan 2 46 Jan
27 Augll 31 4 Feb
29 Jan
7^8 J'ly 22 15 4 Feb 11
114 Jan
:
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184 Feb IG
95
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204 Aug 6 39^8 Feb
67 4 AuglO 89 =8 Jan
50 Jan 14 80 Mar
7
80 4 Jan
13 4 Jan
49 Jan
32 4 J'ly
91 J'ly
934 May
3734 May
1354 Mai
123 Sep
18538 Apr
174 Jan
Jan
4VjMay
13034 Apr
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79 7g Alia
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33234
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87 4 Oct
190 Sep
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151 Apr
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250 J'ly
104 Oct
177
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Sep
574 May
33VjApr
154 Sep
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79 4 Dec 97 Vj Jaa
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3
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91 Feb
86 4 Jan
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9
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t
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100
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45 15---8J'ly24
21
25
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14-I^'ly24
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200
134
25
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50
25
8 J'ly 20
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25
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55
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10
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.
25 10,178 12 J'ly 24
21
214 Centennial
6I4 Jan 31
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50
25
100 •26 J'uel8
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14
13 Feb 10
25
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15
6534
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100
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78
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12
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25
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84
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4
54
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109
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100
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Angoa N E Cotton Yarn pref 100
125
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100
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220 PuUmanCo
100
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104
Swift <fc Co
100
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Aug'03
Do pref
25
534
5
22
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139
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127
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165 May 16 173 4 Mar 3 170
229 J'nel3 232 Marll 230
196 Aug h 212 4 Feb 13 200
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Aug'03 U S Bnbber
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22 14 22',
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22's U S Steel Corp
70
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704
Last Sale 70
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•
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100
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78
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28
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64 E.ast Boston Land
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170 J'ne 6 177 Apr 22 171
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134 J'ly 14 157 Jan
150 Sop 172 Mar
115 J'ly 17 125 Jan 2 123 Nov 136 Mar
80 190 J'ly 8 l96 4Mar->4 196 Nov 202 Jan
160 Jan 5 170 Mario 160 J'ne 106 4 Feb
270 Aug 7 286 Feb 19 280 Oct 295 Feb
131 J'ly 20 1434 Feb 10 141 Dec 148 Mar
42 Mar 9 42 Mar
47 J'ly 50 J'ua
1 73 4 May 1
180 Fob 10 172 Jan 178 Vj J'ly
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100
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100
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95
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76 4 754
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100
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70
694
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54
54
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10
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100
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100
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100
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135
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89 ^V
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100
249 Boston ct Albany
100
13>!
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100
2 to
Boston cfe Lowell
101
168 Boston ifc Maine
100
Aug'03
Do pret
10(
300 Boston it Provulenceloi
Aus'Oii Chic June Ry .6 U S VIOO
1904
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195 '4 195 4
73
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168
225
196
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195
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lor Previoui
Year
U-ffK
EXCHAXOE
Aupiist i'S
Range
1903
KnilroiKU
89
174
V7
Jiange tor Year
Sales.
Of til,
BOSTON STOCK
fViiiai,
August 35
Ausrust 34
Weekly and Yearly
Record, Daily.
Per C'ontuiu Price*
Sa'iiriiau
)
1
7
4
Guanajuato Cousol.. 5
Isle Boyale (Copper). 25
54 Mass Consol
2';0
265
670
26
Last Sale nia Aug'03 -Afaytlower
25
190
s
Michigan
25
8
84
84
4:J4 44
25 1,810
4334
44 Mohawkf
Last Sale
Aug'03 M ontana Coal & Coke 25
••7 J
-874 *-75
5
750
•b7 4 Montreal* Boston..
Last Sale 75
25
May'03 National
•1
250
25
Old Colony
14
1
\
10 '4 10 14
525
10
104 Old Dominion (Cop).. 26
01
25
725
614 61
62 Osceola
•21
22
631
Parrott(8ilv& Copp) 10
22
22
'5
64
25
195
54 Phoenix Consol t
54
•'JO
100
5
90
25
100 Qnincy
LastSale
25
Aug'03 Rhode Island
13,
100
'I'b
Santa Pe(Gold <fe Cop) 10
11
10 2,700
114 1034
Shannon
11
105 105
40
25
110 Tamarack
100
LastSale •50
25
Ang'03 Tecuraseh
Last Sale 33
25
J'ly '03 Tennessee
261
942
Trmiountain
804 81
804
81
25 12,529
frinily
7
74
7«8
8
Last Sale 254 Aiig'03 Unite<l Copper
100
•204 UnltodStatcs Mining 25 2,260
W'b 20
20
345
114 114
Unit States (Joal&OU 25
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274 •27 4 27^;
-34 4
•334
26
280
Victoria
4
25
730
9
9
834
9 Winoua
215
•73
25
73
73
7334 Wolverine
298
25
14 1'4
14 Wyandot
1
J'ly
-
54J'iyl5
84 Mar
75«8
1
4
2
Aug
4 Nov
14 Nov
9
2
434
Marl2
53
78''8
l'"eb
10
Mar21
MiU
Feb
Apr
6
314Feb2J
334
21
Dec 164J'Jy
Nov 35 Jan
Fob 9
3 4 Jan 134 Mar
•95
Mario •37 4 Dec
1
Jan
14 4 Fob 10
6 Dec
9 Deo
123,1
6 '8
39 4Fi!blO
90
20 4 Jan
3934 .\pr
Marl 8 •40 J'ly II20 Mat
Feb 3
5 4 8cp 10 4 Mat
Marl2 420 Dec 050 Feb
•10 Fob 11 •10 Apr 12
Jau
Sl^sFehlO 11 Jan 28 Mar
834 May
9 4 J'ly 3
64 Dec
•36
Feb 19 25 Apr
2 Jau
8
651
1^7-2
16
75
Jan
2
13„
Mar24
Feb 13
48 4 May 7
131'eJan 10
ll84Feb
Jan 12
174 Fob
15
24 J'ly
9
6
193.,
J'ly
Mar 654 Oct
184 Mar 56 J'ly
54 Jan 1464 Sep
6 113
Marl7
14 Feb 9
5 4 Apr 23
5
3
Jan
Oct
4-334
24
934
Jan
Dec 119
4 Jan
7 4 Dec
1
Dec
Dec
124 Dec
5 4 3f ar
1534 Feb
5 ''8 Jan
'
26
21'
4
Feb
Feb
M ay
3 "h Max
2 4 Jan 23
1 h Sej)
5''8'''ly24 1 Vj Feb 9
7 Nov clVi 4 Mar
31 J'ly 24 58 Feb 13 £t27 Jan 49' Sep
'4
34 Aug 5 8 Maris
3 J'ly
„
6 Oct
70 Aug 6 288 Jan 10
4^'4 Mar
1^8 J 'Jy
Mayl4
.75
134 Jan
1
Jau
14 Jan 23
•50 J'nel9
2 4 Feb 9 •75
4V2Mai
Dec
J'ly 27 23 4 Feb 9
9
Feb
14 4 Nov 25
4;} I2 J'ly 2.1
79 Feb y 47 4 Nov 8934 Feb
16 J'ly 24 34 Feb 10 21 Nov 34 Feb
awjAugio
7 4 Feb 11
5
May
3
Dec
83 J'ly 27 1264 Feb 6 100 Nov 147 Feb
14 J'ly 22 4 Feb 10
14 J'ne 34 Mar
J'ly 21
1
3 Jan 23
4 Feb
14 Sep
9 J'ly 16 14 '8 Apr 23
8 Nov 18 May
J'ly 24 190 Feb 6 140
75
Dec 281 Feb
3 '2 J'ne
•40 J'ly 16 l»ieFeb 9
50 Jan
1734 Jan '28 33'i4 Marl 2
1338 Mar 184 J'ly
Aug 8 106 4 Feb 20 d34 Jan 125 Feb
78
44 J'ly 24 14 Feb 9
« Dec 18 4 Mar
14 Aug 4 3134 Jan 2 27 Sep 3539 J'ly
104 J'ly 24 27 4 Feb 9 134 Jau 23 De«
0nj|J'ly27 17 Mario
13 Nov 184 J'ly
22 Jan 24 33»8May23 19 4 J'ly 274 Feb
3 J'ly 24
9
Feb 9
7 Oct
4 Dec
64 J'ly 24 tl4'4Marl6 d\ Jan
6 Anc
J'ly 28 77
01
Marl 2 42 Jan 65 Deo
Jan 8
13^ J'ljr
1
27gMarl7 •60 Nov
3
1
J'ly 24
Aug 1
18
-I
1
-1
1^\
14
1*%
1»8
13e 14
>£«torepaynotaMe0s't«caUedLnl9O3. <( Before pay'totaaseas'tscalleU in 190X *iliaaod asked. jNewatock. tAas'lpaid. tEx-nghts. ai£x-div.Arlghta
14
4
5
5
August
B<INU!S
Wkkk Knding AVGUST
23
1908 J-J
J-J
Telephone 4»
Kapi Mo K
Jiange
Since
January
Low
Jliuhi A<Ot'!'-..
28
9(3^'
9i;
94
lu
Feb '(13
IKli-j
3
Sj 1
97
88 4
80 '8
104
?>9
Apr '00
>-j
1
921-j
Feb '03
113
99^8
101
II3I"
1023^,113
90 Hi Fob '03
Aus'03
111
105
80
91
ill
115'>(,
4 J'ly '02
9 9 '4
99 S; Miiy'03
100 J'ue'Ol
99 io
132>4 iVliU'03
i32'ii32-4
1909 J-1)
U7»4 Feb '03
1
Ceut Vermt 1st e48..Mayl920
1903
Chic Burl A Q 1st 73
1919
Iowa Div 1st 58
1919
Iowa Dir 1st 4s
1913
Di-lieuture 5s
Kxten 48
1922
Deuver
1927
Nebraska Exteu 48
s I 4s
1921
E .t S
lUiuoisDiv 3'2S
1949
Joint bonds i-ee Gt Xortherii
Chio Jc K V iV- Stk Yds 5s .1915
Coll trust refuuding i; 4sl940
Ch Mil * St P Dub D lis.. 1920
Ch M & !*t P Wis V div 6S1920
Chic ifc No Mich 1st jtu 5s. 1931
Midi pen 5s.. ..1921
Clilc<i;
Concord .t Mout cons 4s.. 1920
CoDU A.- Pass K 1st p 4s. ..194
Current River 1st 5s
192
Det Or Kap A:
Ist 4s... 1940
Doimnion Coal l.st (3s
1913
Eastviu 1st gold (is
1900
1904
ritchl)urs4s
4s
1927
8U4
75
A-O
M-N
99
102
FA
W
104
J-J
J-J
J-J
Sale" 100
98
97"
A-O
M-S
M-S
M-S
'-I
10534
100
't.
99
98 >o
12s
125
Note— 15uyer pays accrued
127'i>
107
107
102
Hi
Ann list 22
»65
66
Aufftuit
213*
00
35
11
August
101
21
2134
343b
lO's
344
10^8
Per Centum
'io
»99
101
21
87
Os
10^4
214 214
*34'« 3434
lO^e 10^8
1034
•1034
00
I"l8
0-8
•09
•40
"2
7
71
0l"861i»ie
22
09
40
69
4U
22 ^
1^8
68
22
69
22
2
7
54
674
2I18
7
22
40's
3934
i)"i9
6"ie
0>*ie
14
14
-40'.2
41
•34
35
•43 "s 44
S3'8 84
14
27
'39
'34
034
14>4
"s
277ie
4 40
44
84
35
44
84
44
44
11
110
107 14
F-A
A-O
"
No
M-N
M-S
M-N
Friday
August 28
Stocks see below
•044 05
100
619i6 62
40
40
<s
397g
6=8
I4I4
038
I4I4
278ie
*39>4
•3414
43-8
28
3934
3434
44
84
03b
14'4
27^8
401,
35
43 ''8
84I4
phUiAdelphia
-68
40
2
70 Lehigh Coal &
40 '8 Lehigh VaUey
4 3 '8
•84
20
43
'8
Union Tracton
Gas Impt
WelsbachCo
8434 United
20
25
Belhle Steel 6s 1998. Q-F
Ry Ist con
5s 1932
1st 5s. '33
58 1920 M-N
Elec Ai Peo Tr stk tr ctfs
Elm
1st Os '10. J-J
Eq II Gas-L Isl g 5s 1928
ife B Top con 5s '25 A-O
Col St
ConTracof N J
E & A 1st M
14
& WU
'8''-4
110 1104
104 '4
10334
112
1144
10034
H
IniUanapolis Ry 4s. 1933
Interstate Rys—
3-3 4-4s 1943
10
434
Korth Pennsylvania. .50
107
Penni-ylvnnia Salt
50
Peuu.sylv.iuia Steel. .100
Preferred
100
Phila Co (Pitts) pret... 50
Newark Pass con 5s 1930
]Sr Y Ph & No l.sl 4s '39 J-J
7934
Phila Traction
50
'Railways General
10
t>us(iueli Iron & Steel..
Tidewater Steel
10
XJniledN J RR<feC..100
Unit Pow ifc Trans
25
"United Trac Pitls
50
Preferred
50
V.*arwick Iron <fe Steel. 10
\Vo8t Jersey & SeaSh.50
Deben6s 1905
M-S
Penn gen Os r 1910..Var
14
Consol 6s c 1905. ..Var
Con.sol 5s r 1919. ..Var
Penn <fe Md Steel con 6s.
20734
'<
Bid ana asked prices no
;
11234
No Peun
95'j
"Westraorelai.d Coal. ..50
sales
M
W
.
Income 4s 1939... M.N
Ist 4s '30. .M-N
434 44
PhilGerman&Norri8.50
A&O
m
1144 110
113
Pa ifc N Y Can 7s '00. J-D 107 ib84
Con 5s 1939
..A-O 10934 111
Con 4s 1939
..^..O
Penn Steel 1st 5s '17 .MN
People's Tr Ir certs 4s '43
P Co Istifc col tr 5s'49 .M-Si ib94
on this day.
ll
Lowest
is
Atl Coast L(Ct)clf s 5s J-D
Ctf s of indebt 4s
J..J
Ball C Pass l8l 58 '11 M-N
Ball Fundg 5s. 1916 M-N
Exchange 3 4s I930 J-J
Refunding 3 48 1952 JJ
Ball & P 1st 6s
I'll A-O
Isl 6s tunnel. .1911 J-J
Ball Trac 1st 5s.. '29 M.N
No Bait Div os 1942 J-D
Convertible os.'oe M.N
Central Ry 6s... 1912 J J
Con.sol 5s
1932 M-N
ex-dmdend.
t
Ext & Imp 5s. 1932 M.S
CityRy Isl 5s '23 J-J
Clias
Es-righta.
111
100
105 4 108
10234 102^4
102 104 '4
90 4105
J'ly '01
1i
11441144
Trust Co.
ctls.
Year (1902)
72 4 Jan
Is
1I16
5
90
Aug
04
G
Aug27
3(1
Aug
7
980 37 "s Jan 3
l=sAugl2
ii8J'nel5
^4J'ue 8
59 J'ly 15
3738AuglO
Aug
5
10>4J'lyl5
2
2
23 May 294 Sep
Dec 30 Apr
33 Dec 80 '4 Apr
05 Nov 7934 Sep
2 9 '4 Nov 384 Dec
2034 Jau 5
9«ie Jan 2
4934 Jau 2
7934 Feb 5
45 '^g Jan 30
4 Jau
4 Feb 18
2^8
^4
Feb 10
Jan
Feb 10
9 J an
17^8 Jan
*16
Feb oiijaOci
Aug
43 4 Dec
85 Sep
50^8 Apr
8
34 Jan
94 Sep
5
Sk'J'ue
18^8 Oct
Bid
Ry G & El 5s '99 M-S
Charl C <fe A ext 58. '09 J-J
106
123 '4
2d 7s
1910 A-O
City & Sub Ist 5s.. '22 J-D
Sub(Was)lsl5.s'48
Col&Grnv lst68.1916 J-J
Consol Gas Os... 1910 J-D
5s
1939 J-D
Ga & Ala Ist con 5s '45 J-J
Ga Car & N 1 st os g '29 JGeorgia P 1st 6s. .'22 J-J
GaSo & Fla Ist 5s 1945J-J
Cityife
12034
104
105
104
.
1104
59
V
150
200
97
45
98
73
11
14
38
96
90
IO6I4
1214
1094
G-B-S Brew 3-4s 1951M-S
2d income 58 1951 M-N
KnoxvTrac 1st 5s '28A-0
LakeR El 1st gu5s'42M-S
MetSt(Wash)lst5s'25FA
Ml Ver Cot Duck Ist 5s
Incomes
New Orl Gas 1st 5s.. Var
Npt N&O P Ist 5s'38 M-N
Norfolk St Ist 5s '44. .J-J
North Cent 4 4s 1925 A-O
J-J
6s 1904
Series
Series
Pitt Un
A
B
J-J
5s 1920
58 1920.... J-J
Trac 5s 1997.J-J
Polo Val Ist 5s 1941. .J-J
Sec Av T( Pitts) 5s '34 J-D
Sav Fla (fewest 5s '34 A-O
Seaboard A L 4s 1950 A-O
Scab & Koau 5s 1920. .I-J
South Bound Ist 0S..A-O
UElL&Plst44s'29M.N
Un Ry & El lst4s'49 M-S
Income 4s 1949
Va Mid
112
112
34 J'ly
134 J'ly
Oct
7334 Jan
BALTIMORE
Chas
04
115
116
J-D
Ist Os 1906.. M-S
2d .series Os 1911. ..M-S
3d .series 6s 1916. .M.S
4lh ser 3.4-5s 1921. M-S
iis"
olh series 5s 1926. M-S
Va (State) 38 ne.w '32. J-J
Fund debt 2-38 1991. J-J
West N C con 6s 1914 J-J
110
104
WU & Weld 5S..1935.J-J
116
102
5.'>4
Jau 2 26 '4 Mar 3!)3i6 Sep
394Aug25 441I16 Feb
40 Mar 45 '8 Sep
30 Jan W"' 16 Oct
32 4 Aug
404 Jan
4734 FoblO 32
Jan 4834 Feo
42 4 Aug
80 Aug
1104 Jau 31 101 4 May 120 May
20 Aug28 31 Marll 24 Jan 40 4 Sep
9334
110
85
Apr
3434
2034 J'nelO
Ask
Bid
17
Aug
Aug
Mar
4 Sep
1
(litest
1
3
23 •'8 Doc
40 '4 Dec
13 Oct
7834
4734
I
62 14 Jan 74 ig Sep
5
12 104 Jau 125i4J'ly
sJaulO
Jan 10
J'ly
H
Lowest
Jliyhest
Augl4
20
Allan CoaslL (Conn)lOO
LeliighNav 44s '14.QJ
Canton Co
100
92 4
RRs 4s g
1914. Q-F ibo'
Georgia Sou & Fla...l00
40
ib2"
Gen M 44s g.l924.Q.F
1st pref
100
95
LeU V C 1st 5s g '33.. J J i094 10934
2d pref
100
08
Leh V ext 48 Isl 1948. J-D
G.B.S Brewing
100
10
2d 7s 1910
M-S
Ml Vernon Col Duck
1
Consoles 1923
J-D 118 119
Unit Elec L & P pret. 50
35
Annuity Os
J-D 135 137
Leh V Trac 1st 4s '29. J-D
70
Bonds
Anacostia & Pot Ss
Nat Asphalt 5s reels
92 4
ib?" Atlife Ch Ist 7. ..1907 J-J 107
New Con Gas 5s 1948 J-D
50
50
K
M
M
BALTIMORE
Inactive Stocks
Atlanta & Charlotte. 100
FA
Little -ichuTlkill
50
Mineliill dr Scliuyl H..50
Ke.s<|iiehoning
50
Haven lr<>n<fe steel.
Phil Elec gold trust ctts.
Trust certif 8 4s
P <fc E gen 5 g '20. A-O
Gen
4s g 1920..
Ph & Read 2d 5s '33. A-O
Con
7s 1911
J-D
CouM Osg 1911.... J-D
Ex Imp 4s g '47. A-O
Con
ot '82 4s '37. J-J
Terminal 58 g 1941. Q-F
P
& B col tr 4s '21. J-J
Rocliester Ry con 58 1930
S R E Side 1st 58 g '35 J-D
U Trac Ind gen 5s' 19. J-J
U Trac Pit gen os '97 J-J
Welsbach s f Ss 1930. J-D
M
M
107
107
"--e 101 14
il2''s 100
liange lor Wrevious
65
50 3,410
50
023
25 9,148
50 1,120
oU 26,205
lOS
50
50
004
50
50
328
100
100
PHILADELPHIA
Ask
Bid
7'
Che & D Can 1st 5s '10 J-J
Choc & Me Ist 5s 1949 J-J
CU Ok & G gen 58 '19 J-J
50
50
01 Tg 625ie Penusylvania RR
40
40 Pluladelp'a Co (Pitta b)
0^16 Philadelphia Electric.
0=i.i
14 Phila Rapid Transit ...
14
2738 28iia Reacting
40
Do 1st pret
40
^34 4 35
Do 2clpref
944 904
1021-, lOfi
lyun
50
Nav
119
119
Weekly, Yearly
254 97 4Aug28 118 Jan
520 18 AuglU 28i4Jan
430 33 Aug 10 45 Jan
350 10 4 J'ly 24 14i4Jau
MarsdenCo
100 1,4:0
Nat .\sphaltTr Co reels 50
Do jiref Tr Co reels 50
Sonds
Sm Pow & Cliem.50
Preferreil
40
74 Al Val E ext 78 1910 A-O 1174
AmRysconv 5s 1911. J-D 99 '994
"4634 4
Atl City 1st 5s g '19. M-N 109 112
BaUs Ter 1st 5s 1920. J-D
93
47" Berg&EBrw 1st 0s'21 J-J
'404
Preferred
Lit Brothers
62
7J4
Easton Con Electric. ..50
Electric ot America.. .50
Elec Storage Ball
100
Preferred
100
Geriiiantowu Pass
50
Hani.sou Bros pref... 100
Indianapolis St
100
. .
70
40
"3
102
Hi 1
1
100 '4
ami asked.
Lowest
pret
50
50
729
Cambria Steel
Cousol Lake Superior.. 100 3.5,018
0^4
Do pret
lOU 14,769
34
20
10
75
Jiange lor Year
the
22if,
534
7834
02 '01024
100'h10«18
Week
50
974 974 Northern Central
-21
100
214 Seaboard Air Line
*34
Do pret
100
344
•1034 11
United Ry & Electric. 50
118
15 1023, 100
1014 10334
114H:.'Vpr'03
•Shares
Baltimore
Consolidated Gas
99
15
10
20
97
102
J-J
J-J
Sates
ol
Hi
l'J4'4
75
100
Daily,
104
112
70
.l-J
14
130
US
'4
F-A
87
100
mi 4
123 '4 123 14
102 102
Apr'03
10234 Apr'0.<
102 J'lv'03
price Friday; latest bid
C lor Bonds and Inactive
Apr 'O;'.
119 J'ly '03
105 Oct '02
100 J'ne'02
102 Mar'0'2
94H2-Tly'03
102 Hi Aug'03
107 Feb'.):<
18 '8
987f:
93 '8 Aug'03
100
100
100 Sop '02
101 Oct "OJ
105 Hi J'ne'03
M-N
M-S
M-N
1914
1910
Gold debenture 4s
Gold 4s
1917
Western Teleph & Tel 5s. 1932
Wiscousiu Cent 1st gen 4sl949
Wisconsin Valley 1st 7s.. 1909
J'ly '03
J'ne'03
lOOHi Jlar'03
1023,
103
lOlHi 101 i-i
112 May '01
100 '8 Oct '02
10234 103
lOl^a
M-N
Exchanges— Stock Record,
h
1
6I16
2
44
Uiaiiioud State Steel
•
J-J
A-O
A-O
A-O
.
94
S2
»22
22
*69
68
41
Ask
Bid
Inactive Stocks
Aiuencitu Cement
10
Amer Iron ifc steel
50
American Rail ways... 50
Bell Telephone
50
Cambna Iron
50
Camden <fc Trenton
10
Central Coal <fc Coke. 100
Prelerred
100
Consol Trac Pjtts
50
Preferred
50
DanviUe Bessemer...! '2
Keystone Telephone
5I4
844 844
PmL.4l>KLPHIA
Inter
"16
67f
•40
0134 62li6
62
3934 3934
3973
6=8
034
6%
•14 "4 I434 *14
273827l5i6 271I16
394 394 3934
•34
*34>4 35
40
22
IB16
1
394 40
014 62
4">
27318 27Ji6
l(i;<H
Do
2134
l^s
O's
2
404
lo3a
1
lliull.
HO
91
100>8 losHj
1 08 Hi Ill's
101
104
10
l()s
10 Aug'oii
75 J'ne'O;:
104 JIar'()2
97^2 Aug'03
102 J'ly '(13
105 Feb'02
102 Hi .'\.ub'03
J-J
1911
United Fruit conv gen 5s. 1 91
Venuonl & Mass 5.s
1903
West End Street Ry g 5s. 1 902
Philadelphia
American Alkali
•)•)
71
FA
ACTIVE STOCKS
65
100 100
•2058 Sli^
101
7o:i8
Gold4'-2S
Thursday
August 27
Wednesday
August 26
J-J
1 90-.
Low
95
A-O
A-O
A-O
J'ly
J'ly
Since
Janiiaru
97 >o
97
130
100
110
115
J'ly '03
iofi^!"!." 1()8
102
101
1 23 "4
102
lis
J.J
J-J
Isl lienconv 4s
Price."*
•644 654 •644 654
65
65
—Not
Tuesday
24
1 st
Si
115
115
90
90
80 Aua'03
1O018.Mhv'O3
Union Pac KR<felgrg4s.l947 J-J
lOO'g Mar'02
IIII4 May'02
87)o Ang'03
112
110
llullanil.Canailiau 1st 4sl949 J-J
Ist cons 58. 1952 J-J
seatUe Klec 1st g 5s
1930
Torriugton Ist g 5s
1918 M-S
95HjlllO
100
105
1
1
interest in addition to the purchase price for all Boston Bonds.
Sliare Prices
.ytonday
Aug'03
JI)
M-X
M-S
Spl
A-O
Savannah Elec
112'4ll2l4
100 U)3'-i
Philadelphia and Baltimore Stock
Saliirdau
J'ue'03
111)
Hut land
125-
100
100
1351.2 J'ne'03
ElkA-MoVlst6s..l933 .\-o 135
135>.jl3.S
Unstamped Ist fis
1933 A-O 135
137 Mar'03
137 1371..
Gt Nor C B cL- y coll tr 4s 1 921 J-J
90
91 >« Sale
9m. 01 87 14 941-:
1921 Q-J
Feb '03
FA
FA
Freiut
RpRistered 4s
Aug'o;!
Old Colony gold 4s
1924
()!•<•« Kv& Nav con K4s..l94t: J-D
Oreg Sh bine l.sl g Os
1922
liepub Valley Ist s I Os...l919 J-J
90»-j
90
108
103
105 14 Aug'03
MS
!»8
.v"Yife'N"EuV'l8t"7's.'"!!!.'l905 J-J
l.sl OS
1905 J-J
103 Wj 10734
II2I4 Jan '03
ibo" lOlHi J'ly '03
98
98
105
i
ss
101 '4
98
90
102 Auc'03
109 14 Mar'02
J-1)
1 1
102 h
1053.)
9734 .Vui''o3
125 J'lv'03
125 "a .^pr'03
A-0
.\-o
'4
99
Aug' 03
125
100
100
M-N
J-D
W
SI
I4
100
104
A-0
W
811,
98 S: Miiy'03
90 Aug'03
J-J
7
Apr'Ol
J'ly '03
10534 Fob '03
99'4 .\iig'03
Dec '02
101)
M-N
M-S
1
J'ne'ii3
100
110
99
xo
97
130
100
1
101
Hijih .Vo
J-J
1
113>.i
Ask Low
A-O
A-O
A-O
1
Apr'Ol
99-8 Jan '02
101
Mar'03
113>.j Jan '03
*$
Last Sale
la
1013,
M-N
Isl7s.l91f.
7s
1910
deben 59
Non-convert debeu 58...1913
Falls* iSioux C 1st 7s. .1917
KauCl'liUifc Spr 1st 5s...lil25
KanCFt S Ailiiilt 1st 78.. 1908
928
K an C Ft Scott <k M Os
93
K an C M ct H srcn 4s
Ma r 934
ncouio 5s
Kail C A; M Ky ifc Br Ist osl929
Kan est Jo it C B 1st 7s.. 1907
1, 1; JiFt Sui Idpr Ist 7s... 1905
.Maine Cent cons Ist 7s. ..1912
1912
Tons Isl 4s
Marq HouKlut Out 1st Os. 1925
Mexican Central cons 4s.. 1911
Jan 1939
Isl cons inciis
Jan 1939
Jdconsiuo 38
M ich Telop cons 5s tr rec.1929
Minne Gen Elec con a on 1929
Xew Ens Col Yaru 53
1929
1900
New Eng Teleuh Os
1907
Os
1908
Os
?-,n
1915
^
Jia Hf/e
Illinois Steel
Uj
1 ;{
)Ve«k's
Hanye or
Bid
121)34
111
/Ticti
tYiday
Avtiust 3S
BOSTON STOCK EXCU'GE
WkkK ENDINU AUGUST 28
99 '8
90
93 Hj 98^,
1 1
443
Jlii/h
98I4 .\u--03
Sale
87
1944 J-J
..1905 FA
IluiuoVelneiH 4s
Bust iV .Moll 3(1 issue 7s... 1904 .M-N
Bostou Tenuiual 1st 3'-<8.1947 F-A
BostUui;»«lst58triects-1939 J.J
1939 J-J
2il 5s trust receipts
1918 J.J
Bur Jfc Mo Uiv ex bs
1918 J-J
Nouexoiupt t)S
1910 J-J
Sinkmp luuil 4s
1917 A-0
Bulti* Bostou 1st lis
•J.l
Sale
Maiue4'us
.fe
Low
94 >4 Sale
Nebraska
1st 7s. .1908
A.tili T<ii> .t S Ke gcu t' 4.S. . 199:> .\-o
J'ly 1995 Nov
Ailjustiueiit g 4»
Bo.Htou it Lowell 4s
1907 J-1)
Oilur
/!»*•
9i>
Am TeleixS: Tel coll tr 4a. 1929
B(>.-t..u
Week's
N-.
A'anye or
3-5
Last ^iaU «<
Price
Fridaii
Aiiyuat 3S
I.
Htu
Atcli Ai
J
1
Boston Bond Eecord
29, 1903.]
BOSTON STOCK EXCH'GE ^
A.IU Bell
j
'
103 4
WesVaCifcPlstOg'll J-J
Ask
82
95
110
1124
112
114
95
98
112 4 114
10834 109 14
110 11034
10534 100 "^4
107
106
118
109 4
HI
484 49 4
314 32 14
101
1024
117
117
073,
14
98
105
106
103
119
68
IG
105
110
112
105
110
117
110
77'*
77
108 '4 116
100
8-^4 84
92^ 93
03 14 03 4
105 4
108 'b
115
113
109
88
90
893, 90
112 114
10934 110'4
115
117 4
——
—
.
THE OHRONIOLB.
444
Volume
Business at Stock Exchanges
ol
Stocks
Kailroad *e
Par
Shares
1S6.566
288,996
243,283
202,242
169,488
292,469
Satnrrtay
Monday
£ond*
$601,000
$12,718,500
27,639,600
23.492.750
fl2,300
14,670,500
27.870,800
"i".oo6
1,823.083 $125,864,850
$6,246,900
$13,300
Wednesdiiy
TharstlAT
Frtday
Total
SaUs
19.472,701)
Week ending August 38
at
Janxtary
1 to
August SS
S«*c York Stock
Kxchanye
1902
1903
1902
1903
118.325,296
1.323.033
5,074.035
110,825.767
Stocks— No. shares
$125,864,850 $474,662,850 $10,372,948,400 $11,199,427,025
Par Talae
$434,050
$1,500
Bftnlc shares, par..
$409,700
BOjnw
€k>ver ument bonds
State trands
BR. and mis. t>ond8
2461 900
$64,500
56.000
19.675.000
$9,190,550
362,600
440,386.500
$652,800
1,598,200
604,252,500
$6,260,200
$19,795,600
$449,939,650
$606,503,500
$13,300
6.
Total bonds
DAILY TRANSACTIONS AT THE BOSTON AND PHILADELPHIA
EXCHANGES
August S8
1903
LisUd
DnlisUd
Bond
share'
shares
sales
Listed
shares
7,000
12,500
32,035
41,500
1,934
3,062
5,220
2,560
1,438
6,060
$14,000
30,750
12,000
2S.200
22,000
15,000
$176,535
90,447
19,274
$116,950
$14,500
Thnrsilay
Friday
2,384
5,701
6,052
6,261
2.814
10,582
Total
129,820
34,794
Monday
Tuesday
We<lne8day
.
sales
6,964
17,971
18,838
24.951
13.937
13,786
8,032
12,606
33,367
32,787
21,332
21.697
Saturday
Bond
Dnlisted
shares
69,OtlO
Ask
Iniliisii-iiil
and
.>liNoel
fiiil
65
106
\
)
Outside Securities
A
Weekly Review
of Outside
Street Rixilwnys
NEW YORK CITT
Bleeck St & Fol F stk 100
lilsl morl 4s 1950 ..J-J
HB'y <fc 7tU Aveslk ..100
TJlstniorlSs 1904 ..J-D
f2dmort 58 1914 ...J-J
Con 5s 1943 Hee Stock
B'way Surf 1st 5s (fu 1924
2d OS int as rental 1905
UCent'l Crossl'u stk..lOO
UlStM 68 1922 ...M-N
Market uriU
£,(j
Ask
•
^CenPkN & EUslk.lOO
f^Chrt'r* lOthSt stklOO
Coldc 9tU Ave 5s See Stock
Dry
DKB
B—
<fc
1932.. .J-D
flScrip 5s 1914 ....F-A
lilSC gold 5s
HEighth Aveuuest...lOO
liScrii) 6s 1914 ....F-A
1l42diGrStF'y 8tk..l00
fl42d 8t
M
<fc
StN AvlOO
Jlst morl 6s 1910 .M-S
1l2d income 63 1915 J J
Lex Av & Pav Fos See Si
Metropol Securities See
Metropol Street Ky See
Ninth Avenue slock. 100
Second Avenue stocklOO
lllst mort 58 1909 M-N
FA
ConsolSs 1948
f Sixth Avenue stock 100
Sou Iloulev OS 1945. .JJ
So Fer 1st os 1919. ..A.O
Tliinl
Avenue
WP&
Tarry
i'ee
M
Stock
59 192b
YkersStUa5sl946.\.0
28tli<fc
29th Sts l8t 5s '96
UTwenty-Th'd St stk 100
J-J
Deb OS 1906
Union Ryl.si OS 1942 f.A
We8tchesllst5a'43J-J
33
99
242
100
Exch
Excli
5
Brk C * N 58 1939.J J
GrSt.fcNewl8t5s'06F-A
Or'pt <&Lorimer St lat Us
iUngs
1st 4s 1949 See Stock
10<J
Nassau Elec pref
5iom2
5114
5116
K.'
Exch
10
35
81
6H2
102»a
117
118
list
12
95
17
i
40
83
100
20
74I2
5124
5100
7 oh
128
81
97
99^8
list
5102
95
5100
18
67
Exch
Exch
105
97
102
19
68
list
list
UK
9
38I4
i
39
72 Hi
55
71
45
80
5104
861a
106
k Exc hlist
2 '4
• >
107
list
List
Exch
Ist 58 1944
J-J 5109
Consol 58 1945
J J 5105
Nor Un 1st 5s 1927. M.N 5103
IJStandard Gas com ..100 130
liPreferred
100 150
Ist 68 1930
M-N 5113
hO
410
100
115
106
list
112
108
106
140
160
116
OTHER CITIXS
95
113
102
105
Amer Light* Tract.lOO
Exch list
Sav 84
Chic Uiiiou'J'r;ic.Se«Sl'cli Exch
loo
Cleveland City Ky
Cleveland Electr Ry.lOO
6'J'4
(O) St Ry..lOO
100
58
Preferred
100
S9
Baltimore Oonsolldal See Bait
Bay State Gaa
50
h,
BiuKhamton Gas 5s 1938 5 93
Biittalo City Gas stocklOO
4
Ist 58 1947 See Stock Exch
Chicago Gas See N Y Stk Exch
Cincinnati Gas <& EleclOO
94 H,
Col Gas L <fe Heat com 100
Preferred
100
94
Consol Gas (N J) stk. 100
30
Ist 68 1936
JJ
86
Consum Gas
113
107
170
list
72'-.
87 Hi
lol
Colum Ky con 5s See Ph Ua
(J
&
IjGas & Kl
6s 1925..J J
108
list
3.
16
Fort
Wayne
llBt
list
95
94
97
do
62
Bergen Oo 100
Grand Kaplds Gas
lilsl 68 1915
F-A 5102
Hartford (Ct) Gaa L...2
48
Hudson Co Gas
100
58
66
See Stock
1
Price per
stiare.
Gas—
.M-N
t
Exch
LE
Am
. .
104
I
58 g 1949
B& NY
1
6
City)—
109 >2 Indiana Nat <& lU
Ist 68 1908
list
interest.
65
93
1st Os 1904
M.N 5100 ;a2
TJDetrolt City Gaa
60 t
Essex
Uuil.son Gas 100
8912 90
llni
Ky««Stk| Exch
Bayer pays accrued
18»s
74I4
73 hj
6
l8t consol 5s 1948. .J-J 5104
38.i
Buffalo Street Ry—
Istconsol 58 1931..P-A {111
Deb 6« 1917
A.O 5104
Chicago City Ky stk. 100 165
CroMt'wnl8t5s'33-I-D
list
N Y G EL HtfcP See Slock
N Y & East River Gas—
OTHKB CETUtS
i
1949... M-N
St ( Chic) E 1 stk . 1 00
PhUa
ITn
102
N
Detroit United
48gNovl
64
90
EquitGa8Con58l932 See Stk^E xlist
HMutual Gas
100 290 316
New Amsterdam Gas
A-O 110
6s 1944
See St k Ei<' h list
Ist 48 1951
Wb'gtfe Flat latex 4 >i>8 102
Bteinway 1st 68 1022.J-J 5116 118
Preferred
Preferred
Indianapolis St Ry See
Hob & Pater8on..l00
J
Lake
Ask
Bid
100
100 X 80
104
Co. Elevate<l
Columbus
Kail'wnys
l8t58 1928
JJ
110
ITLouisv St6sl930..J<ftJ
J 98^ 100 >« Lynn<fc Bos Ist 53 '24. J-D
Mlnueap St Ky 58 See Stk
265 266
100
5121 122
New Orl Kys Co
205 210
Preferred
100
181 IBS
J-J
4>2S 1952
Esch Use
North Cliic Str stock. 100
l8t 58 1909
J-J
114 116
North Jersey St stocklOO
103 103»2
4s 1948
M-N
406 410
Pat Ry con Os 1931.. J-D
2d 6s 1914
A-O
105 109
Rochester Ry
410 415
100
100
70
75
Preferred
Con 6s 1930 See Phila
108 109
2<1 58 1933
J-D
96 loo
k Exc list
So Side El (Chic) stk. 100
Stk E X list Sjrracnse Kap Tr 5s 19411
Stk K X list Unit Bys (St L Trans) 100
Preferred
190 205
100
Gen 48 1934
213 215
SeeSlk
UnitRysSanFran Se«Stk
5104 105
Wash Ry & El C0....J.OO
5113 114
175
PrefeireU
100
180
48 1951
J-D
5108 109
51o5 108
Ti West Chicago St .... 100
Exch list
liCong 08 1936. ...M-N
107 108
lorf
109
Gas Securities
112
NEW YORK
402 410
102 103
Cent Union Gas Ist 08...
115
116
Con Gaa (N Y) stk. See St
108 K; 109
Righta
6«e Stk
See Stk
J-J
Kef K 4s 2002
UConeyls. ifcBklyn ..100
iBt cons g 48 1948.. J -J
S«treet
4106
BB& W
Bklyu P^p Tran
found on a preceding page.
Grand Rapids Ry
100^2
102V 105
Exch Ust
B&00KL.TS
Atlan Ave 58 1909. .A.O 5102
A-O 110
Con 58 1? 1931
Impt 5s See Stock Exc h list
E58 1U33..A-0 101
Brooklyn City stock... 10 235
Con OS See Stock Excli list
Bkln Crosstn 5s 1908. J -J 103
Bkn Hgtslstos 1941 A-(J 105
BkinQCo&Sub
35
100
245
be
60
list
63
Sale price.
Ask
,
y&N
Philadelphia
Boston
fFeek ending
.io
m
1,166.500
832,500
1,243.400
1,139,500
1,264,000
Tu«>8<tay
Bill
103
'
V S
Bonds
State
Bonds
valrte
<Jiis Seciiriliew
ndianapoli.s Has stock 50
l.st 6s 1920
.M-N
Consol Tobjicco
100 225 275
Continental 'I'obac ileb 7s 5100
102»4
Jackson Gas i.;o
50
81
Cramps' SlicfcEn BldslOO
20
30
.18 11 1937
A-O }100 10.<
llCrucible st i>el
100
9^ 10
Kansas City Gas
100
17
70a« 7059
-t>0
llPrelerred
100
ll.'is 1922
A-t) 5 98
lOl)
11 Diamond Match Co. 100
134 136
DLacledo Giis
lOli
Dominion Securities. 100
.>
15
UPreferred
100
85 Kj
EU'Ctvio Boat
100
15
17
Lafay'eGaslst 6s'24.M-N
60
65
Prolerretl
1 00
38
45
Losf&WabVlst6s'25.J-U
51
Electric Lead Keduc'u.50
1»4
110'
Mailisou (ias (>s 1926. A-O }106
Preferred
50
l>a
Newark Gas Gs 1944. Q-J 5135 137
Electric Vehicle
1 00
4^4
7
Newark Consol Ga,s..lOO 72'- 73»2 Preferred
1 00
8
11
5a 1948 .Vfc Stock Exch list
Electro-Pneiun'icTraulo f
^i
•a
HO&IndCNatcfc 111 .100
8
12
Empire Steel
100
10
Ist 68 1926
J-D
60
54
Preferred
100
46
Providence Gas
50 t
106
Fuel Oil Power
100
St Joseph Gas 5s 1937. J-J
92'" 95
llGeueral Chemical ..100
63
67
StPaulGas Gen 58'44M-S
88
90
100
98
II Preferred
100
Syracuse Gaa 5a 1946. J-J
94
96
Gold Hill Copper
1
>«
h
8I4 Gorham Mfg Co com. 100 125
United Gas & Eleo(w i)l(»
3
United (^aaJtElecNJ lOO
40
Preferred
100 125
Preferred
90
100
Greene Consol Copper.lO t ISh 18^
Guggenlieim Kx]>lorati'n 115 125
Televr iSc Telephone
5I4
Hackensack Meadows 100
6
AmDe For't WirolPsslOO
Hall Sisiial c;o
1 00
90
llAnierTeleg it Cable lOo
79
Havana Commercial. 100 22
28
BellTelepU of Hnttalo 100
98 li'O
Preferred
100
47
llCentral & So Amer .100
95
99
Havana Tobacco Co. .100 24
28
Cliesifc PotoTeleph..lOO
35
Preferred
100
30
50
68 1909-29
JJ 104 106 Hecker-Joues-Jew'l Mill
^IConimerclal Cable ..100 145
167
IsHis 1022
M
95 lUO
Comnier Un Tel (N Y).25 112 120
Herriug-Hall-MarvinlOO
1
3
Emp <fe Bay State Tel 100 75
85
1st preferred
SO
100
40
Franklin
100
47
53
2d preferred
100
4
8
IIGoldtfc Stock
Hoboken Land<& ImplOO 200
100 115 122
1f5s 1910
114 "as, 1905
M.X 5103 106
Hudson RiverTelephlOO 80
90
Houston Oil
100
4
7
"
Marconi Wireloss 'IVlo?
3
Preferred
2S
100
4Vj
35
IINorthwestern Teleg. 50 120 125
Hudson Realty
100 120
1IN
158
Interboro K T (full iiaid)
J Telepho .100 150
97
99
58 1920 See Stock Ex Chang e list Internat'lBankinuColOO 140
a.
Pacific & Atlantic
70
3
25
80
Int'n'l Merc Marine. 100
4
Providence Teloplioue. 50 t
Preferred
100
15
16
97 13 100
Col tr deb 4 S2l922op'07
liSouthei-n <fe .\tiaiitic 25 100
103
Tel Tel & Cable of Am .15 t
International Salt
5
100
9 Hi 11
1st g 58 1951
39
41
Electric Coinpaiiiea
International Silver. 100
8
Chicago Edison Co.. .100 146 148
Preferred
30
35
100
Edison Kl lU Brk 4s N V Stock Rxch
l.St 6a 1948
J-D
89
Gen El deb g 3138 iSeeSt'k Exch Ust John B Stetson com.. 100 160
Hartford (Ct) Elec Lt 100 225
Preferred
100 150 160
>•
17a
KitohenerGold Min'glOO
^
1i KiugsCo El L&P Co 1 ou
Narragaii (Prov) El Co 5<t
Lack Steel 5a See Stock Exch Ust
NY & Q El L&PowColOO 00 45 Lanston Monotype 20
71-2
8
Preferred
100
65
75
Lawyers Mort Insur.lOO 160 170
Rholsl ElecProtecColOO 130
Lawyers' Title Ins. ..100 295 305
33 'v 34
U nited E lectric of N J 1 00 15
LightFuel&P of WValOO
16
48 1929
ULorUlard (P) pref ...100 115
J-D i 64I2 65
Madison Sq Garden. .100
10
30
Ferry Companies
2d 6s 1919
M-N 60
Brooklyn Ferry stocklOO
1'4
2
3
oki Manhattan Tr.insit
20
Mex Nat Conatruc.i>tlOO
6>4
1st 6s 19X1. J J 106
109
5
Con 58 1948 See Stock Exch list
Monougahela R Coal. .50 i 103* 11
Preferred
N Y & E R Ferry stk.lOO 80 85
50 t 37 Hi 38
Ist 58 1922
'..M-N 5 90
92
Mosler Safe Co
100
102 Hj
N Y <fe Hobcon 58'46.J-D 102 103 National Carbon
20
100
22
88
Hob Fy l8t 58 1946 M-N 5105 109
Preferred
91
100
N Ytfc N J 1st 5s 1946. J-J 98 104 UNat Euam <fc Stamp 100 22 26
lOth & 23d Sts Ferry 100
50
60
h5
UPref erred
100
90
1st mort 5s 1919. ..J-D
National Surety
90
98 102
100
NewBrunsCauiielCoal 10 t
TiUnion Ferry stock .100
34
37
4
50
UNew Central Coal
20
47
M-N 93
95
lllst 53 1920
New Eng Consol Ice. 100
5
Kailrond
N Y Biscuit 6s 1911. M.S 112 116
Chic Peo cfc St L pref. 100
4
N Y Mtge & Security. 100 120 130
8
15
Prior Hen g4'28'30M&S 5106
100
25
108
UNew Y'ork Dock
Con mtg g 58 1930.j€fcJ
90
liPreferred
100
46 >2 65
95
Income 5a 1930
22
N Y Transportation... 2( t 434 6^
26
Ch R I <fc Pac 5a See Stk Exch Ust Nicholson File Co
100 159
Erie conv4sAprl'53A*0 5 86
Nor Am Lu m' r & Pulp 1 00 t
88
3
10(1
4
24
26
llOntario Silver
liNat BR ol Mex 2d pt( wi)
32
Northern Securities.. 100
8914 89^4 Otis Elevator com
35
100
Preferred
90
93
Pitts Bess<&
34
100
50 t 31
Preferred
Pittsburg Brewing
50 f 2934 30
75
50 t 71
Preferred
50 t 44 H. 4434
30
Va<fc Southwestern..! 00
20
32 14 32i%
Pittsburg Coal
100
Industrial and Itliscel
H3
Preferred
100
84
Alliance Realty
Pitts Plate Glass
100 123
103
lOO
12J2 Pratt & Wliitn pref.. 100
10(i
96 100
TlAllis-Chalmers
ll"^
Procter <fe Gamble
100 350 360
liPreferred
loo
80
Preferred
100 201
HAmer Bank Note Co. 50 t 50
55
43.
Realty Assoc (Bklyn)lOO 105
Amencau Can com. ..100
110
4 k.
98 101
Preferred
100
44
44 >2 Royal Bak Powd pref. 100
Russell & Erwin
American Chicle Co.. 100 loo 110
25 t 61
63
Preferred
Safety Car H eat <fc Lt 100 160
170
100
80
88
Seminole Mining
American Elevated
h 1
t
120
Amer Graphophone...lO
3h 4>-2 Suumons Harilw com 100
Preferred
Preferred
734
100 ...... 129
9
10
125
2d preferred
100
Amer Press Assoc'n.lOO 86
95
35
Simpson Crawford Co 100
28
Amer Shipbuilding... 100 37
40
Deb sf 6s '24 op '05.. J-J 75
85
Preferred
97
100
100
Singer Mfg Co
100 330 360
Soda Foun com.. 100
2
4
Standard Milling Co. 100
4
5
Ist preferred
70
80
100
20
19
Preferred
100
17
2d preferreil
100
15
65
70
American Surety
50 160 170
5s
Standard Oil of N J. .100 620 626
98
Am Strawboard 68...F.A i
37
Amer Tobacco com... 50 225 275 Standard CoupleroomlOO 30
Preferred
100 125 VJ5
liPreferred
100 134
J4
50
21)
Storage Power
Typofo'rs C5om...l00
Am
32
%
)-8
Preferred
Swift <fc Co See Boston St k E.xc h'goi
loo
93
3I4
lat 5s 1910.1914. ...J-J 5IOOH, 102
Amer Writing Paper. 100
3^2
25 t 28
30
Preferred
100
14 hi I514 Tennessee Copper
98
90
58 1919
71
IITexastfe Pacific Coal 100
JJ 69
A-O 5105 107l«
25
1st 68 1908
1IBamey& Sm Car ...100 17
Title Guar & Tr (new) 1 00 430
450
100 122 130
1j Preferred
152
Title Ins Co of N Y..l(n
Bliss Company com
50 140 160
TrentouPotteries com 100
13 Hi 16
Preferred
50 140 160
100
80
Preferred new
86
Bondifc Mtg Guar.... 100 290
Trow Directory new. .101
70
75
Bordeii's Cond Milk.. 100 112
116
Cojiper
Id t
Union
IM
Preferred
100 105 110
'f
>4 Union Switch <fc Signal 50 t 85
Camden Land
3 t
h
Preferred
50
105
Celluloid Co
100 112 115
Union Typewr com.. 100 100 106
20
12
Cent Fireworks com. 100
1st preferred
100 108 116
62
100
65
Pref erre<l
2(1 preferred
100 110 115
2
3
Central Foundry
100
100
2
13
U S Cotton Duck
1
Preferred
9
100
6:1
20
U S Envelope com. ..100
Deb 6s 1919 op 'OlM-N 55
70
liPreferred
100
115
100 100
Century Realty
US Light & Heat.... 10 t 6Hi 6>9
Cnesebrough Mfg Co 100 440 460
60
58
Chic Pneumatic Tool. 100
1j U S Red & Refining. 100
lOOj
liPreferred
90 100
1}Claflin(H B) Ist pref 100
90 100
100
fl2d preferred
liU S ShipbuUding...lOO
100
97
liPreferred
85
100
itConimon
Bonds— iS'ee Stock Exc hlist
60
65
Col A Hock Coaltfe I pf 1 00
89
86
J-J 5 84
U S Silver Corp 6s
l8tg68 1917
1
U .S Steel Corp new 58 See Stk E xllst
Compressed Air Co. 100
70
60
Col tr 58 Ser B & D 1951 107
ConsoUd Car Heating 100
IHl
Universal Tobacco... 100
25
35
Hi
llCons Firew'ks com .100
5
100
2
Preferred
65
65
100
1[ Preferred
Gu 160 170
384 West & Bronx T <fe
Ltg&Refrlg.lOO
Cons By
IV2 W(-.stiiigh Air Brake. .50 H42
Consol Rubber Tire. .100
lOHi 1213
9>12 White Knob Mining. 100
Debenture 4s
Worthing Pump pref 100 110 120
10
Cons Storage Battery iou
[
TKA2fSACTIOXS AT THE NEW YORK STOCK KXCliANGE
DAILY. WEEKLY AND YEARLY
August JS
[Vol. liXXVII.
53
M
.
a Kx rights.
1i
Sells on Slock
Exchange, but not a very active
seotirity.
.
AUOVST
.
.
.
.
.
.
.
1
THE OHKONIOLE.
29. 1908.]
445
luuestmcttt and ?E>aiIvoa(l JntclligencCc
'
RAILROAD GROSS EARNlNOa
shows the Rross earnings of evei-y Stf^^ui railroail from which regular weekly or monthly returns
can be obtained. The tii-st two colnuins of ligures give the gross earnings for the latest week or month, and the last two
columns the earnings for the period from July 1 to and including such latest week or month.
The returns of Vie street raUxoays are brought together seimraielii on a subitequeut uage.
The following
table
Latest Gros*
BO ADS
nreic
nr .Uunth
Ala Gt Southern. 2 1 Wk Aug
Ala N O * iexae I'acillo.
N Oit NoErtst. July
Earnings
Vurrent
Year
54,072
luly
I^evioiif
Tear
47,217
1
to Latest
Current
Year
Latest Cfross Aar«t/»y.s
Date]
ROADS
/"rewiotn
H-cc/c
Year
352,593
rM-
Month
Current
Year
s
9,120
293,440 .Manlflttque
July
Penn.. July
III
l^evious
Year
200,304
84,760
94,440
NY
PM
Wn
.
.
.
.
.
AN W
W
.
W
. .
\
lu
iMir.si
Uale
t^irinus
).;,r
*
15,330
22.555
28,030
Mary I'd A
176,008 t.MoxicanCont'l.t 3d wk Aup 398.074 340.48t)
176,068
72.534 t Mexican I-itern. July
54 2,888
527,770
84.700
72,534
July
Ala* Vlcksb'g
80,004 t Mexican Ry
9-1.140
86,604
Wk Aug 8 108,500 105,800
Vicksb Sh \- V. JlUv
Inc. 632.419
Inc. 86.244
10.435
10,940
;MoxicauH()Ulh'ti IstwkAut
Allegheny Vallpy luue
275,946
233,772 .MlUen A So'w'n. Inne
3.212
3.210
34.402
31 wk Au»r
36.104
Aim Art'or
10.375
5,380.51)3 4,596.708 5,386,593 4,590,708 .Mineral Range.. 3d wk Auu
10,703
AtohToii AS t> .July
58.694
73.34>«
253,0!)8
225,049 3,168,028 2,929,824 •Mlnneap A St L. 3d wk Aug
Atlanta A CUar.. Juno
02.949
56,7 .">4 M 8t P A 8 8t M 3d wk AuK
132.515 117,513
02,!)-i9
56,754
AtlKuoxv & No. July
270,112
147.470 ,Mo Ivan A; Texas :>d wk Aug 325,484 323,415
15.913
20.200
Atlantic <fe Biriu Jun^
n7y!),703 41682182 /19,070740 (17,639008 Mo Pac&IronMi 3d wk Aue 802,000 689.000
All Coast Line... June
i27,48s
100,525
14,236
9,509
31,000
23.000
Central- Branch 3d wk Aug
Bait i Auii S L.. June
5,802,580 5,170,025 5.802,580 5,176,025
)uiy
3d wk Aui! 833.000 712.000
Total
Bait A Ohio
Aroosi May
155,390 140,337 1,039,010 1,508,431 Mob Jack A KC. Wk Aug. 1
3.703
8.080
Banjfor A
33,430
34,525 •Mobile A Ohio... July..
2,251
1,641
610.352 555.202
BatliAHamMsp't June
5,879
4,943 NashCh AStL.. 3d wk Aug 193,195 172,187
5,879
4,943
Bellefonte Ceufl luly
49,417
40,780 INat'l RRof Mex 3d wk Aug 196,721 157,723
5,133
3,091
BridKt A Saco R. June
144.982 1,218,238 1,047.033 Nev-Cal-Oregon July
17,542
14,853
Butt Roch & "lets 3d wk Aug 162,975
835,748 Nevada Central.. June
79,816
63.591 1,000,752
3,553
3,607
Buttalo ASiisq... June
254,800
132,300 N Y C A Hud RIv luly
80,900
49,700
0,849,464 6,030,838
Canadian North.. IthwkJuly
642,705 262.045
Canadian PacUli 3d wk Aug 920,000 791,000 6,048,000 5,581,020
Out A; West. June
174,713 S Y Suaq A West July
205,800
15,272
15,208
264,716 129,373
June
Cane Belt
Cent'lof Georgia 3d wk Aug 150,300 147,025 1,171,475 1,115,540 Norfolk A West'u 3d wk Aug 426,470 383,900
1,748.007 1,196.124 16,001,720 15,131,843 Northern Central June
872,702 611,602
Cent'lofN Jersey May
1,888,001 1,712.012 19,179,148 18,500,829 .Vorth'n Pacltlc.. July
4,119,423 3,850.370
Central PaoUio.. •May
17,533
19,082 Nor Shore (Call.. June
v,'k. Aug
2,089
2,667
76.462
63.980
Chattau South'n. 3d
1.525.050 1,194,023 16,711,601 16,524,378 Ohio Rlv& West.. June
18,298
14,507
Chesap A Ohio... June
952,907
800.474 Pacific Coast Co. May
952,907 800,4:74
467,364 395.933
Alton Ry. July
Chic A
959,614 ePenn— EastPAE June
10827859 9,596,059
Chio Gt Western 3d wk Aug 150,417 142,637 1,070.950
793,386
687,073
Jiic. 88 8.900
98,421
Chlcind AL'v... 3d wk Aus 110,902
eWestP AE.... June ......
4,050,923 3,873,717 7,602,737 45,613,125 Pere Marquette 10 3d wk Ang 238,557 224,596
Chic Mllw A 8t r June
1:4760402 3,982,050 4,700,402 3,982,050 PhilaBaltA;W'8h June
July
1,176,217 1,041,017
Chic A North
951.872
895.250 Phlla A Erie
951,872 895.250
AG. July
June
679,896 509,001
ChloSt
203,456
204,009 Pine Blf ArkR.. June
3-Z,938
2,188
33,306
1,524
Chlo Term Tr KK 2d wk Aug
2,165,231 1,825,005
ClnNO ATPao. 2d wk Aug 123,014 111.372 873,928 690,437 Plttsb C C A St L July
2,039.013 1,658.090 20,390,761 18,717,071 Raleleh & C Fear July
5,039
ClClnChA 8tL. june
PeorlaAUaafii June
280,409 204,943 2,947,237 2,518,750 Reading Railway May
3,295,110 2,2'5i,7l6
920.895
906,376
2,952,838 1,100,813
May
Colorado A South 3d wk Aug 123.520 153,440
Coal Air Co
192,922
180,595 Rich Fr'ksb A P May
153,600 139,900
13,339
11,576
Col Newh A; Lau. June
353,251
182,486 Rio Grande Jet.. May
39,204
24.019
51,545
47,282
Range.... May
Copper
94,732
114,225 Rio Grande So... 3d wk Aug
June
11.487
9.355
10,486
11,453
Cornwall
253,859
332,849 Rocklsl'dSyst'm May
»3196735
Comvrall A Let).. June .,..-.
25,306
25,193
190,604
100,957 Rutland
48,932
190,604 100,957
47,439
CumlHsrl'd Valle\ July
3d wk July
June
102,867 110,817
Deny. & Rio Gr. ( 3d wk Aug 373,300 355,800 2,562,900 2,544,900 St.Tos AGrI
92822405 92354661
Rio Gr. West, i
3tL ASan Frani; July
953,707
862,192 St L Southwest
63,834
82,520
3d wk Aug 138,115 122.342
Det<& -Mackinac June
239,234
201,615 StLVan&TH.. July
31,509
32,634
199,117 185,793
Detroit Southern. 3d wk Atig
442,148
447,041 San Ant A A P.. April
61,786
61,162
230,965 247,620
DulSoSh AAtl.. 31 wk Aug
223,343
171,161 SanFran AjNP.. July
16,026
22,005
141,391
123,727
East A; W. of Ala. May
July
4,428,252 3,188,828 4,428,252 3,188.828 Seaboard Air L.. 2d wk Aus 214,310 201,282
Erie
69,157
65,953 Southern Ind
7,952
Evansv & Ludian 3d wk Aag
9,295
July
.^
97,630
65,309
261,579
251,411 BoPaclticCo6... May
39,445
Evansv A TH... 3d wk Aug
40,919
b 6,975,280 6,390,045
2,950
2,950
F'rchUdAN'r'e'E July
2,729
Paoiflo. May
1,883,001 1,712,012
Central
2'Z^2
V.481
77,227
76,336
Farmv & Powhal June ......
7,343
601,699 550,949
Gal Har ASA. May
220,588 221,259 2,494,586 2,262,121
116,423
23,389
FtW AOenvCitj June
Gal Hous A No May
June
164,858 137,919 2,308,299 1,986,758
12,463
Georgia RR
GulfWT AP.. May
18,004
132,783
115,385
132,783 115,385
Hous E & «V^ T. April
70,515
50,266
43a South A Fla.. July
326,825
34,531
375,366
GUaValG A N.. June
31,970
19,551
Hous A Shrev. April
15,197
413,593 369,265
Gr Trunk System 3d wk Aug 747.402 622,407 5,340,695 4,408,435
Hous ATex Cen AprU
037,102
522,681
GrTr. Weat'n. :^d wk Aug
78,871
152,242 186,120
85,665
Louls'a West.
May
154,310
133,515
DetGr H AM.. 2d wk Aug
27,802
25,505
Morgan's L A T May
379,361 425,335
3,400.095 3,301,963 3,400,095 3,301,963
N Y T A Mex May
Great Northern.. July
35,607
33,777
185,929
157,882
Montana Cent'l July
185,929 157,882
Oregon & Calif. May
353,033 317,670
Total system. July
3,580,024 3,459,845 3,536,024 3,459.845
So Pac Coast... May
93,832
78,533
225,454
195,431
GuUAShlpIsland WkAagl5
36.475
30.420
So Pac RR Co.. May
2,591,025 2,331,389
9S6,49'Z
928,007
Hocking Valley.. 3d wk Aug 128,760 127.402
TexANOrl
May
256,928 262,013
Hous A Tox Cent April
413,593 369,265 4,557,687 4,452,234 Southern Rallw'y 3d wk Aug 867,586 820,884
Illinois Central.. July
3,805,203 3,348.770 3,805,203 3,348,770 Terre H A Ind .
July
170,099 141,212
Illinois ^^outhe^r July
12,754
12,157 Xerre H A Peor.. July
12,754
12,157
48,207
45,001
Ind 111 & Iowa... June
128,828 127,941 1,716,717 1,680,182 Texas Central ... 3d wk Aug
9,210
8,502
562,346 Texas APacittc. 3d wk Aug 178,246 164.344
672,555
Int A GtNorth'i) 3d wk Aug
86.344
84,799
579,500
557,280 TexS V
tlnteroc(Mex)... Wk Aug 8 104,200
84,720
9,000
8,000
.. July
352,196 Tol & Ohio Cent 3d wk Aug
Iowa Central
336,373
3d wk Aug
50.121
53.012
75,642
57,263
82,023 TolP A West
Iron Railway
June
86,703
6,266
3d wk Aug
24.922
6,688
22,130
102,356 TolStL A
Kanawha A Micl 3d wk Aug
12.686
219,908
31.416
3d wk Aug
06,981
62,472
825,237 Tor Ham A: Bull 1st wk Aug
Kan City South'n 3d wk Aug 120,071 125,910
888,105
10,021
7,714
372,000 Un Pac proper. IstwkAug 703.122 658,678
LakeEne&WestD July
407,475
407,475 372,660
Lehigh Val RR.. May
24,007,394 23,694,728 Un Pac System.. June ..
2,714,709 1,790,464
4,501,172 3,860,440
Lexlng A J£ast'n. June
424,400 Wabash
574,785
64,770
39,418
3d wk Aug 484,661 423,713
Long Island
Inc. 557 ,385
Jersey A Sea'e June
June
Inc. 31 ,428
380,924 350,024
Lou Hend A St L. June
696,065 Wheel A
58,200
808,547
65,331
3d wk Aug
83,098
97,358
Louisv & Na.shv. 3d wk Aug 672,095 628,33o 4,903,525 4,591,075 Wm'8portA;N.Br. May
13,013
10,984
Macon <feBirm... July
9,970 Wisconsin Cent.. 3d wk Aug 142,000 126,087
11,081
11,031
9,970
Man'tee A Gr. Rap June ......
1 40,486
121,550 Wrightsv A T"n. June
11,344
8,564
10,921
9,599
Mania & No East June ......
326,463 Yazoo &! Miss. V. July
350,762
28,156
23,372
470,494 441,060
200,30-1
y
Current
Year
LE
9.120
28.030
3,310,()(r2
542.888
560,500
101,920
40.799
83.332
420.782
954.537
2.229, 4.-)4
5.573,000
221,000
5,794.000
35,592
010,352
1,373,500
1,539,599
17,542
40,076
0,849,464
6,176,513
264,716
3,158,461
9,404,343
4,119,423
587.172
197,674
5,028.154
15.336
22.555
2,001.141
5-.i7,770
550,000
95,051
38,829
74.999
523.614
872.221
2.190,339
4,978.000
100.000
5,138,000
19,912
555,202
1,235,876
1,120,980
14,853
38,480
6,036,838
5,456,696
129.373
2,636,070
8,408,348
3,850,370
491,453
180,218
4,551,914
119398494 106298194
inc. 5,H
00,000
1,653,043 1,504,428.
13,169,449 11,925,7497,012,778 6,823,394
35,703
34,245
2,165,231 1,825.005
......
5,039
29,104,891 27,316,49ft
20,098,906 26,327,767
1,192.248 1,042,040
533,719
537,982
82,642
89,234
1)41473542
150,173
138,739
1,388,162 1,349,790
32,822,405 flr2,354,661
945,948
884,256
199,117
185,793
2,141,276 2,172,830
141,391
123,727
1,433,889 1,334,475
65,309
97,630
80,067,782 76,685,556
19,179,148 18,500,829
6,259,733 6,621,003
381,734
1,081,210
142,962
151,110
777,807
756,377
198,477
192,282
4,557,087 4,452,234
1,727.810 1,781,789
4,398,013 5,132,327
428,842
343,839
3,626,535 3,189,362'
832,604
868,070
28,013,.579 26,555,834
2,861,528 2,720,548
6,003,354 5,652.873
141.202
170,099
48,207
45,601
60,131
48,980
1,315,918 1,206,407
9,000
8,000
556,305
428,936
185,340
J57,051
439,650
421,216
53,975
41,418
3,396,274 3,010,749
47,500,279
51,075,188
3,A20,O43 2,993,4.55
4,040,958 3,703,758
562,277
693,124
119,400
166,235
893,135
1,023,533
143,018
174,599
441.060
470,494
VARIOUS
BO ADS
Gross Earnings
Current Tear
FISCAI. Y£ARS.
Previous Year
KOADS
Gross Eanmings
Current Year Previous Year
Alleghenv Valley
Inc.
$366,823 JMexican Railway
$3,302,000 $3,024,500
Jan. 1 to June 30
Jan. 1 to Aug. 8
351,045
Atlanta &Charl AJrLine.. Apr. 1 to June 30
354.544
676,138 {Mexican Southern
$763,603
Apr. 1 to Aug. 7
Belief onte Central
5,413,913
tNational RR of Mexico.
33,396
7,280,979
43,005
Jan. 1 to Aug. 21
Jan. 1 to July 31
4.092,594
Canadian Northern.
824,611 Northern Central
5,040,194
Jan. 1 to July 31
1,435,125
Jan. 1 to June 30
193,365
Chicago & North Western. June 1 to July 31 119.563,131
243,003
7,982,418 N orth Shore
Mar. 1 to June 30
Cliic St P Minn & Omaha.. Jan. 1 to July 31
60,155,270 53,419,876
6,300,450 ePennsy., East of P A; E.
6,548,889
Jan. 1 to June 30
Cumberland VaUev
3,214,800
Inc.
658,831
eWestof
Jan. 1 to July 31
1,075,408
Jan. 1 to June 30
International & Gt North'n Jan. 1 to Aug. 21
0,434,027
7,035,722
2,833,520 Pere Marquette
3,182,402
w Jan. 1 to Aug. 21
Lake Erie & Western
7,795,773
8,734,373
2,611,426 PhUa Baltimore & Wash.. Nov. 1 to June 30
Jan. 1 to July 31
2,915,219
Manistee & North Eastern Jan. 1 to June 30
3,018,421
3,608.005
172,236 Philadelphia A; Erie
189,574
Jan. 1 to June 30
Manistique
12,604,379
14,040.076
66,591 Pitts Cin Chic & St Louis.. Jan. 1 to July 31
Jan. 1 to July 31
38,800
Maryland Ai Pennsylvania Mar. 1 to July 31
202,822
209,035
112,004 Rio Grande Junction
131,249
Dec. 1 to May 31
Missouri Pacific
1,004,904
1,787,076
25,055,39i<
21,716.612 St L Vandalia & Terre
Jan. 1 to Aug. 21
.. Nov. 1 to July 31
Central Branch
1,272,584
1,433,223
630,259 Terre Haute & Indianap . Nov. 1 to July 31
Jan. 1 to AuK. 21
813,765
TotaL
399,616
449,803
Jan. 1 to Aug. 21
22.346,871 Terre Haute A; Peoria
25,869,104
Nov. 1 to July 31
fMexican Central t
6,424,840
6.901,439
Jan. 1 to Aug. 21
12,846,310 Texa.s Ar Pacific
15,886,307
Jan. 1 to Aug. 2
Mexican International
1,577,752
1.724,852
Jan. 1 to July 31
3,038.484 West Jersey A; Seashore... Jan. 1 to June 30
4,263,436
t Results on Monterey &
Includes tran.s-MisBourl lines
Mexican Gulf are lucludi d from March i, 1 02.
{Mexican currency.
II
In 1903, making length of road on which earninss are reported 7,357 In 1903. against 5.876 miles in 1902.
b Does not include the
Houst. A Tex. Cent, and its subsid. lines for May either this year or last, but these lines are included for 10 months to April 30 in both years,
e Covers lines directly operated.
(/Includes the Chicago A Eastern Illinois In both vears.
< Including Sav. Flor. & West, and also Florida
Southern and Sanford A St. Peteisburg Rys. in both years.
w Inv Other income not included in the gross either for month or from July 1.
cludes Lake Erie & Det. Riv. By. from Jan. 1 both years.
* Approximate for June.
.
.
P&E
H
.
.
.
—
,
THE CHRONICLE.
446
Lat«et (j^ross Earnln^fl by Weeks.— In the table which
follows we sum up separately the earnings for the third
week of Angnst. The table covers 43 roat^ls and shows 10'45
per cent Increase In the aggregate over the same week last
year.
3<l
MM* of
1903.
1908.
A.u9\ut.
S
Ajin Artwr
Bnff&lo Rooli.
A Plttab'g
Canadian Paoltlo...
Ontral of 0«orirtft
Otoattanooga SouUiem...
ChloaKo Grt>at Western
Ohlc. Inrtlan'll8& U)ul8V.
Colorado
&
Soathern
Denver <k Rio Grande
Oolntb 80. Shore A At..
'
Rvannvllln .t Indlanap..
Erans. A Terre Hanut. ..
9,29.^
i0.919
.
Lools.
Minn. Bt.P. 4 8. 8te.M..
Mo. Kansaa & Texas
Mo. Paoiflo A Iron Mt....
Central Branch
Haahv. Chat. A St. L«ala.
National RR. of Mexico.
Norfolk A Weatem
......
Pere Marquettet
Rio Grande sonthera. ..
Louis Boaihwestem.
Bonthem Railway
Texafl C**ntT^i
,
..
rexaa A Padnc
Toledo A Ohio Central..
Toledo Peoria A West'n.
.
ToL
Bt.
L.A Weat
Wabaah
Wheeling A LakeKrle...
WlBOonaln Central
Total :43 roads)
net iBcreaae (10-45
18,6*00
62*4
1,343
1.474
628,407
./
Tear.
Net
Ear nings.
Current
137.402
84.799
58,012
13,636
125.910
688.335
340,486
10,375
73,368
117,513
323,415
689,000
23,000
172,187
157,723
3S8,906
224,596
11,453
122,342
820,884
8,502
164.344
57,263
22,130
6».472
423.713
83.098
126.037
1,858
1,545
8.066,966
p.o.).
t
2.891
18,730
••• --••
43,760
67,688
6.839
328
14,674
16,002
2.069
113,000
8,000
21,008
38,998
37,564
13,961
34
16.773
46.702
-••••«•*••• >••
••*•...•
Year.
Hoads.
Loa. Hen. A Bt. L.bJune
July 1 to June 80....
$
$
$
68,381
68,200
12,828
808,647
696,066
231,693
Maryland A Penn..July
9,S44
22,666
28,680
Mar. 1 to July 31
131,249
112,604
39,159
c Mex. [rtemat'l...July
642,888
527,770
204,176
Jan. 1 to July 31
4,263.436 3,638,434 1,663.710
Mexican Tel'phone. June
22,695
20,117
11.303
Mar. 1 to June SO
90,225
78,647
43,781
Nev.-Cal.-Oregon.a.June
17.376
16.169
6,318
Jnly 1 to June 30....
196,056
69.313
86.678
Apr. 1 to June 30
239,984 def.l 1,407
358,883
36.052
July 1 to June 30
990.463
974.862
12,409
72.836
N. Y. Bus. A West.a July
264.716
129,373
119.539
38.E88
Pere Marqnette.a..Jaly
221.905
11963.681
11869.302
11329,616
Jan. 1 to July 81
116.346,360 115,798,901
1.772,829 1,363,267
Pltts.C.C.ABt.L.aJnly 2,165,231 1,825,005
489.957
682,667
Jan. 1 to July 31.... 14,046,076 12,664,379 3,384,927 3.832,309
Ponghkeepsle * East.bApr. 1 to June 30....
17,314
21,159
1,676
9,063
July I to June 30 ...
59,418
81,912
8.101
712
Staten Island Railway b
Apr. 1 to June 30
50.308
46,654 def.2.525
14,168
Jan. 1 to June 30....
def.186
89.615
79.106 def.5.654
July 1 to June 30 ...
183.685
167,769
9,827
11,393
Staten Isl'd Rap. Tr. b—
Apr. 1 to June 30...
176,628
163.434
54.670
61,168
Jan. 1 to June 30...
284,120
324,867
96,158
112,214
624.166
535,453
Joly 1 to June 30 ..
232,322
213,347
Texas Central.a... July
34,148
26,567 def. 8,291 def.8,839
Ulster A Delawareb —
194.173
163,005
62,202
Apr. 1 to June 30
66.882
319.184
273.612
Jan. 1 to June 30...
95.166
76.636
700.117
651.904
July 1 to June 30...
217,446
210.260
426.039
338,922
WheeL AL. Erie. b. July
126.096
78,511
1903.
1902
b Net earnings here given are before dedaotlng taxes.
890,966
842.008
9
8,891,586
64,672
2,709
123,014
86.476
8,821
Gt. Bonthem..
ChatTanooga bonthem...
Oln. N. 0. A Texas Pao..
Gulf A Ship Island
Seaboard Air Line
Texas Central
Total (49 roads)
201.282
7.705
9.331,087
Alabama
8,003,702
47,217
2.619
111,372
30,420
214,310
PreviouBly rep'd i43r'd«)
$
8,404,817
p. 0.)
Incrt€ue.
9
912,593
7.456
48,948
A
Detroit
24,709
90
616
24,709
NetEai nings.
Current
Year
>
Previous
Year.
Tear.
Eoadt.
Alabama Qt.B'th.a. Jnly
Atch.T.A8. Fe.b. July
Atl'ta A Char. A. L. a J une
Jnly 1 to June dO
Baltimore A Annapolis
June
Short Line. a
July 1 to June 30 ...
BnO. R. A Plttbs. b. Joly
I'ear.
9
$
$
243,849
202,440
85,258
6.386,598 4,596,708 tl,963,236
253.098
225,649
89,612
3.168.628 2,929,824 1,058,742
60,048
1 1,666,305
69,811
14.236
9,509
127.488
106,625
717,385
612,087
714,975
677,871
Oent. of Qeorgrla.a.July
9,739
Ohatt'n'ga Bonth.ajnly
11,222
952,907
806,474
OhicaKO A Alton. a. July
634,888
478,080
Oln. N. O. A T. P. a July
h 19,846 h 19.740
Col. A Hook. C. A If. July
li50,312
li79,997
Apr. 1 to July 31....
190,604
100.957
Ctimoerland Vai.b July
668,831
Jan. 1 to July 31.... 1,075,408
Dunk'k All. V.A Pltts.b76.575
70,109
Apr. 1 to June 30
139,616
128,273
Jan. 1 to June 30
295,224
805,098
July 1 to Jane 30....
June 4,393.929 3.247.969
Erle.a
16,830,413 40,8^4,434
4,428,252 3,188,828
2,729
2,950
Falrohlld A N. East. July
34,531
31,970
OllaVal.GlobeAN.aJune
375,366
3^6,826
July 1 to Jane 80...
569,388
525,168
Hooking Valley. a.. July
Lake bh. A Mich. Bo.—
Apr. 1 to June 30.... 8,710.834 7.403,242
Jan. 1 to June 30.... 17,020,881 14,2.^4.139
July 1 to June 30. ...33,216,033 29.836,595
904.-.£82
3.866
41,606
860,078
118,646
1.787
30,371
277,389
190,624
373
346,159
822
137.428
16,812
66,378
54,167
197,692
307,961
123,676
17,177
36.434
33.739
232,049
17,889
17,492
21.696
38,489
49.920
96,072
1,800,601 1,450,758
15,096,203 12,717.834
l,*:i23.580
916,282
428
1,479
19,018
23,443
193.328
200,421
216,363
207,764
1.768,217
4,33-«,961
8,803,841
In/..
Rentals,
etc.
— ^lial. of Net Eam'gs.—^
.
2,407,854
4,793,729
9,449,671
Previous
Current
Previous
Year.
Year.
Year.
$
Roads.
9
statement, including all
roads from which monthly returns can be obtained, is given
once a month In these columns, and the latest statement of
(his kind will be found In the Cbboniole of Aug. 22,
The next will appear in the Issue of Sept. 19, 1903.
1908.
— Gross Earnings. —
Current
Previous
.
Tear.
A full detailed
,
Loterest Charges and iiarplas*—The following roads, In
addition to their gross and net earnings given In the foregoing, also report charges for interest, &o., with the surplus
«bove or deficit below those oharges.
Current
Net EarniHgg Monthly to Latest Dates.—The table followand net earnings of Steam railroads
ing shows the gross
reported this week.
e These figares are In Mexican oorrenoy, and are oonvertdble Into
gold at the current rate of exchange.
li Net receipts from coal sales, etc., before deducting general expenses.
t For July, 1903, taxes and rentals amounted to $189,966, against
$189,737, after deducting which net for July, 1903, was $1,773,270
agalust $1,476,568.
y Inclades Lake Erie A Detroit River Railway for both periods.
Decrea$e.
11.642
6.055
13,028
951,479
926,770
||
a Netaarnlnga hereglven are after deducting taxes.
708
For the second week of August our final statement coyer s
49 roads, and shows 11*03 per cent Increase in the aggregate
over the same week last year.
2d VKek of August.
$
16,036
180,295
6,419
80,484
195,637
1,391,841
10,866
87,575
8,517
63.712
.
18.902
18,379
2.798
4.509
60.948
14.260
16.913
Inolades Lake Erie
v
Previous
Year.
Year.
11
124,996
* Inolndes Rio Grande Weatem.
River Ry. for boUs, years.
Met Increase (11-03
— Gross Eo rnings. —
Current
Previous
New London Northern84,920
8.898.978
KansaaClty Bonthem...
LonlBvUle H NaanvlUe
Mexican Central
Mineral RanKS... •-..••-
Bt.
••••••••
22
7.780
12,481
128.760
86.344
50.121
31.416
120.071
672,096
898,074
10,703
58.691
132,516
325.484
802,000
31.000
193.195
196,731
426.470
238,657
11.487
138.115
867,586
9,210
178.246
75.642
24,922
66,981
484,661
97,358
142.000
Gt.No..
dt 8t.
9
1.762
17.993
135.000
3,276
747,402
Fowa (Antral
Kanawha <9z MlcMi;an...
MlnneapoUs
9
1
Grand Tmnit West .. >
r)et.Gr.Hav.&Mllw.i
.....
Boeklng Valley
&
84.402
144.982
791.000
147.025
2.667
143.637
98.421
153,440
856.800
61.786
7.952
39.446
HtCTtatt.
,
||
Or'nd Trnnk of Canada
lnT«mational
S
36.164
162.975
936,000
150.800
3,689
180.417
110.902
139.530
373.800
61.162
lner%a»t.
[Vol. LXXVII.
$
$
$
Dnnklrk All. V. & Pitts.—
*14,?)38
Apr. 1 to June 30
2.603
6,340
11,549
* 15.407
•18,859
6,278
9,660
Jan. 1 to June '-iO .,
3u ..
*36.620
•79,860
July 1 to June
18.629
16.728
ailaVal.Globe A N.June
116.992
12,026
July 1 to June 30
110,046
1I»3,282
'155,726
•184.606
Hooking Valley
Joly
83,101
70,915
Lake 8h. A Mich. Bo.—
*758,217 •1,777.854
Apr. 1 to June 30
1,426,000 1.020,000
2.820.000 8,010,000 *2,358,951 •3,568,729
Jan. 1 to June 3U
July 1 to June 30
6.006,660 4,086,652 *5,530,748 *6,954,432
2.876
2,875
Maryland A Pei)n..July
6,369
3,544
Mar. 1 to July 31
Nev.-Oal.-Oregon
June
July 1 to June 30
. .
14,376
2,192
24,464
14,378
1,875
25,037
34,784
C4,126
Ctil,214
16.109
cS,6t3
cj8,676
New London NorthernApr. 1 to June
Jnly 1 to June
Pere Marquette
Jan. 1 to July
30
30
July
31....1I
Ponghkeepsle A East.Apr. 1 to June 30
July 1 to June 30....
Staten Island RailwayApr. 1 to Jime 30
Jan. 1 to June 30
July 1 to June 30
Staten Island Rap. Tr.Apr. 1 to June 30
Jan. 1 to June 30
July 1 to June 30
July
Texas Central
Ukiter A DelawareApr. 1 to June 30
Jan. 1 to June 30
62,259
254,087
11167,635
68,692 *df.67.692 *df.23.864
262,280 'df. 8 7592''df. 171751
1
11136,037
11919,249
11171.981
11739,954
1186,868
11434,008
900
900
"1.041
8.600
8,221
•612
•8.892
-def.463
1,032.875
7.548
16,096
32,921
52,071
102,357
201.555
2,683
45,801
86.947
•11.469
8,782 * def. 4. 090
17,560 'df.10.125 'det.6,026
*98
•def.876
34.537
•14,327
62,649
•17.160
102.998
•77.164
202,196
2,523 def.10,874
40,228
80,808
•27.887
•82.683
•88.892
def.6.362
•16,911
•16,294
•10,323 •def.8,017
After allowing for other Income received.
figures Include $685 appropriated for betterments and
additions to properties and equipment In June, 1903, and $7,683
from July 1 to date.
c A-djastmentH for Hopplementary expenses for year 1908 amount
to $ '.»51 agalust $13, 39n iu 1902, leaving surplus for this year of
$58,263 aKaluBi $26,279 last year.
Inolades Lake Erie & Detroit River Railway for both periods.
•
f These
II
STREET RAILWAYS AND TRACTION COMPANIES.
The following table shows the groa» earnings for the latest
period of all btbbet railways from which we are able to obtain weekly or monthly returns. The arrangement of ttoe
cable is the same as that for the steam roads that Is, the
drst two columns of figures give the gross earnings for the
latest week or month, and the last two oolumns the earnings
(or the calendar year from January 1 to and Including suob
latest week or month.
—
—
. ..
.
August
8
..
,
THE CHKONICLB.
29, 1903.]
8TRKET RAILWATB
AJBTD
EARNUfGS.
Week or Mo
B'ys.
Co
PrtT^us
Year.
Tear.
Tear.
Tear.
Aar.KU-ln&CblcRy WkAUK.23
July
Blnghaiiiton RR
BurllrKt'n (Vt.)Trao. July
Cal. CtH8 A Eleotiio.. Jane
CUlo»tfo A Mil. Eleo. Jnly
Cln. Dayton A Tol.Tr. July
cm. Nbwv. & Coving.
Lltrht A Traction... June
Cltlzenii' Ry. A LUht
*
143.037 120.290
12,887
S6,202 '23",269
8,773
8,184|
222,287
29.529 23,590
51,637 60,525
S
744,189
S
628,585
lis! 387
42,142
117,779
37,729
123.250
284,958
162,629
261,563
573,384
519,841
May
91,131
6,514
35,695
80,761
12.448
12,655
3,062
April. ..^..
238,863 214,986 1,318,35C 1,170,544
June
240,638 tl56,934
July
43,692 t2x..S42
117,819
107.711
26.416 23.567
July
76 313
70,530
19.430 17.603
July.
Detroit UDltPd Ry..ii Sdwk.Ang 98.933 86,247 2,744,218 2,438,433
298,039
61,112 52,632 35^,803
Dulnth-8np. Tract... July
17,949 18,739
87,617
81,490
Eaet-Ohto Traction.. .lune
211,119
186,456
42.575 33,874
EUgln Aurora A Sou. Jun«.
212.733
237,622
45,476 41,867
Harrleburp Traction. June
Havana Flee. Ry.Co.l Wk Aun.l6 129.242 \ 24,226 1782,505 1664,795
23,467 14,831
HonoluluRaptdTran. June
16,41- 16,008
Houjfhton Co. St. Ry. June
87.237 31,899
Houston Eleo. St. Ry. June
16.781
Indlanap. AKHSt. Ry. July
Internat'l Tract. Co
823,098 271,246 1,805,029 1,534,349
Sysb-m (Buffalo).. June
11,671 11,416
Jnne.
Ithaca Strtet Ry116,576
92,886
JaokeonvllleElec.Co. June
20,359 16,784
103,373
23,626 20,411
82,992
.May
KnoxvUle Traction
327,089 249,655
67,186 49,122
L*ke ybore Eieo. Ry July
c58,474 c57,747 C457,41H C 43.'i,292
Lake Street Elevated July
14.477
77.424
60,652
Lehigh Traction
July.
7,170
Lehigh Val. Trao. Co.
July.
82,882 72,987 454,P93 384,567
Street Ry. Dep
89,002
76,071
11,645
7,118
Kleotrlo Light Dep. July.
165,b52
32,72s 29.815
141,186
Lexington Ry
Jnly.
93,886
81,401
XjOndonSt Ry.(Can.) July.
18,317 16.337
10,180
45,574
Mad. (WiB.) Trswtion July.
8,754
62.33
... July.
708,324 650,073
Mass. Electric Co
Metrop. St. Ry.(N.Y.)
(Muscatine, Iowa)..
City F.l«>o.(Rome,Ga.)
Cleveland Electric...
Cleve. A So. W. Xr.Co.
Cleve. PatuBV. A E.
port St. Ry
Dart. A
w
6,993
3,173
.
.
j
Includ. 3d Ave.
RR. July
1,868,601 1,742,314
1
Met. West Side Elev..] July
168,188 151,790 l,189,e99 1,088,403
Mil. Eleo. Ry.A Lt.Co July
268,975 235,360 1,699,161 1,503,099
187,015
49,382 38,669 229,038
Mil. Lt. Heat A Tr. Co. July
Montreal Street Ry. Wk. Aug. 9 45,955 44.241 1,314,152 1,217,393
I
|
Mask. Tr. A Light. Co
Street Ry. Depart.. July.
Electric Light Dep. July.
Gad Department... July,
Sew London St. Ry. July.
If or. OhloTr. A Lt Co Jnly.
northwestern Elev.. July.
Oakland TraDR. Con? July
June
Clean St. Railway
Orange Co. Traction. June ...
Wat. Po. A Ry. April....
Greg.
.
.
I
Peek8.L't'K<6RR.Co.i June...,
Philadelphia Co and
Affiliated Corpor's. July.
PottBV.
Pueblo
1-41,807
rl3,867
rl5,888
r44,509
rll,495
rl8,328
2Z,843
17,084
400',667
d86,795
662,385
627,860
25,625
42,311
40.373
8,951,147 7,961,804
93,197
106,817
Stiborbui
Jnne.
Tract ALlgbt'gOo.
Bv8 Co.Gen.— Roads.
LlghtCo'8
,..
Boohester Railway .
Bookford Belolt A
41,867
37,153
1.895
114.784
July..
July..
Jaly
.
JanesvlUe
Jaly
Lotus Tran Bit
July
8ao Paolo (Brazil)
Tram. L't A Po. Co. June
232,950
178.452
12,943
716,120
147,541
11,664
626,625
14,454
74,779
639,704 576,173 4,106,168 3,589,760
St.
Savannah
Elect. Co. July.,
Seattle Electric Co. . June.
South Side Eievated. July.,
Syraonsf Bap.Tr Ry. June
Tampa Eleclric Co... June,
Terre Haute Elec. Co. June
Tol.Bowl.Gr.A8o.J.T May
Toledo Ryu. * Light. Jane
Toledo & Western.... July
'Toronto Railway
WkAug.22
Twin City Rap. Traa 3d wk.Aug
Union (N. Bedlord)
July
Union Trao. ol Ind.. July
United RR's of San
Pranolsco
July
United Trac.— (Alb.) [July
Wash. Alex. * Mt V, July
West. Ohio RR
.Vuly
Toungstown -Hharon
By. A Lt Co
July
102,600
60,312 46,551
176.513 161,317
118,166 10:1,639
65,643 60,863
25,553 18,897
38,486 25,135
.
632,364
989,457
900,451
381,542
848,651
822,007
346,6X3
Biagbamton Ry.b..July
Jan. 1 to July 31...
Oct 1 to Jnly 31...
141,545 122,682
671,284
17,152
42,163 86,445 1,264,555 1,058,825
82,631 72,604 2,523.334 2,217,675
183,307
41,085 37,0071 206,814
102,414 86,182 604,490 425,249
i
i
'
I
I
500,107 467,065 3,466,778 3,014,216
145.268 139,679 d&2,l28 868,967
20,112 16,298
24.506
293,478
47,296
Spanish silver.
These are results for propertieB owneo.
c Results for main line.
d Figures here are from July 1.
o These eamlngB Include the Detroit United By., Detroit A Port
Huron Shore Line and the Sandwich Windsor A Ajnherstbarg By.
r These figures are from Mar. 1 to July 81.
t Figures for 1902 cover only the Clev. Elyria A Western Ry.Co.
California
Gas
A
Tear,
Tear.
$
^
$
C>irrent
Tear.
Previous
Tear.
$
10.436
44,297
16,883
39,987
177,179
35.314
159,269
66,637
Tract Co.—Bee onder Mlsoellaneoas on page 897.
American Light A
Anrora Elgin A Chica-
«y
July
26,202
135,387
185,56S
a3,26<)
117,779
166,088
14,913
60.864
81.667
68,856
12,071
47,883
71,286
1,203,545
3,808,072
112,566
397.037
23,590
102,529
95,556
21,006
74,880
ledo Tiaction.b....Itily
61,637
98,133
284,958
60,525
91,110
261,563
25,496
48,226
119,227
27,427
47.436
104,244
573,384
3,173
12,448
26,416
117,819
*91,131
*619,241
3,063
12,665
23,567
107.711
45,167
234,420
111
696
14,668
50,162
*40.204
•222,256
43,692
240.638
x28,542
X166.934
21,153
97,119
Xl4,950
X66,124
Onrrolt United Ry.n (all
properties) .a
July
452.677
377.400
Jan. 1 to July 31
2,464.165 2,183.628
0«lnth-Sap. Trao.. July
61,412
52,632
355,fe03
Jan. 1 to Jnly 31
298,039
East Ohio Tract. a June
17,949
18,739
87.517
Jan. 1 to June 30....
81,490
Elgin Anro. ASo.b.June
42,575
83.874
Jan. 1 to June 30
211,119
186,456
Harrlsb'g Traot.a.. June
45,476
41.867
Jan. itoJimeSo
237,622
212,733
Honolnla Bapld Transit
201,465
995,464
33,305
154.165
6,536
28,837
19,767
86,123
15,564
82,052
164,765
931,986
27,647
140,640
8,193
31,585
14,441
74,856
18,582
81,939
—
June
July 31....
July 31
Jan.
•Cln. Newp.A Gov. Light
June
A Traotlon.u
Jan. 1 to June 30....
1 to
1 to
01tyEleo(Rome,Ga)Apr.
Jan. 1 to Apr. 30....
Oiev.Palnesv. A E... July
Jan. 1 to July 31
Cleveland Southwestern
Traction Co
July
Jan. 1 to July 31....
—
June
A Land
Houghton County St. Ry.
(Hancock, Mich.) June
June 3u
Houston Elect. Co.. June
July 1 to June 30....
Ind'p'Us A East Ry. JiUy
International Tract Co.
July
1 to
16.004
56,891
<lef.573
583
13,213
47,070
23,467
14,831
11,668
6,965
16.417
182,576
37,237
398,220
16.731
16,008
168,680
31,899
822.660
6,851
61.374
15.261
152,004
8.202
6,556
68.185
15,22S
134.82;
323.098
271,246
146.163
123,632
1,805,029 1,584,349
791.060
6.58.»71
Jtily 1
3,728,173 k4566,502 1,714,549 k2312,418
Ithaea Street Ry....June
11,671
11,416
5.889
1,094
23,011
Apr. 1 to June 30
21,239
def.5,382
7,874
July 1 to June 30
82,825
79,632
20,249 def. 16.065
Jaoksonv. Eleo. Go. June
20,359
16,784
7,512
7,547
Jan- 1 to June 30....
116,576
92,886
38,346
31,193
July 1 to June 30
223,464
69,614
Ejioz vllle Tract
23,526
May
20,411
11,523
9,246
103,373
Jan. 1 to May 31
82,992
45,911
29,318
Lake 8h. Eleo. Ry.aJuly
67,186
49,122
32,125
23,161
Jan. 1 to July 3i
827,089
248,555
107,662
89,643
Oehigh Traction.. .July
14,477
7,170
8,706
1.908
Jan. 1 to July 31...^
77,424
60,652
31,976
21,919
Lexington Ry. b...July
32,725
29,815
14,284
14.429
May 1 to July 31....
86,653
78,058
36,507
35,828
Lond.8t.Ry.(C;an.)aJuly
18,817
16,337
7,408
7,040
81.401
Jan- 1 to Jvily 31
93,886
81,742
28,937
Madison Traction.. July
10,180
8,754
5,452
3,921
Jan. 1 to July 31
52,335
45,574
21,234
14,140
.Ian.
June 30
to June 30
1 to
—
Milwaukee Eleo. Ry.
A
235,360
1,508,099
138,874
834,846
124,432
779,869
Traction Co.b
July
49.382
38,669
Jan. 1 to July 31....
229,038
187,015
Montreal St Ry
July
216,236
198,656
Jan- 1 to Jnly 31..., 1,256,631 1,164,666
Got 1 to July 31.... 1,788,178 1,643,836
New London St. Ry. July
11,863
10.952
N. Y. A North Shore b—
Apr. 1 to June 30
31,040
38,098
29,129
108.672
100,079
460,686
678,368
6,825
19,895
73,518
104,689
511.114
702,977
6.572
10,321
12.449
July
268,975
Jan- 1 to July 31.... 1,699.161
Milwaukee Light, Heat A
New York A Queens
Co.b
Apr. 1 to June 30
July 1 to June 30
North. OhloTrao. &Ll(rht
Oo.a
July
Jan- 1 to July 31....
Oakl'd Trans. Cons. July
Jan. 1 to July 3l....
Olean Street Ry
June
Jan. 1 to June 30
Orange Co. Tract. Jane
Jan. 1 to June 30
.
.
Jan. 1 to Jaly 31
Boekford Beloltft Janes-
169,764
612,346
160,261
543.016
79,264
248,862
77,428
231.380
95,766
484,748
94,205
636,793
7,435
38,482
9,098
44,421
81,130
400,067
78,374
527,860
6,049
25,525
10,623
42,311
47,796
214,984
45,402
307,662
3,519
18,814
2,356
10,734
40,542
174.117
31.945
203,298
1.994
10,869
5,318
13.421
8,157
17,139
10,887
27,904
40,373
60,671
8,696
10,045
43,162
106,757
861795
ee statement on page 398.
4.848
17,621
41,867
232,960
114,784
716,120
34,188
'30,403
7,026
99,205
626,625
58,509
361,961
Jan. 1 to July 31
A P.b—
Apr. 1 to June 30
July 1 to June 30
go
Tear.
222,287
29,629
123,250
—
Soads.
Albany A Hud Ry.
Year.
Elec-
. .
Previous
.
June
Corp.a
Ohio. <& Milw. Elec July
Jan. 1 to Jtily 31
Clnolnnatl Dayton A Totric
Street Railway Net EarnlH^s.— In the following we Oregon Water Power A
show both the gross and the net earnings to latest dates of all
By
Apr.
Jan. 1 to Apr. 30
Street railways from which we have been able to procure
monthly returns. As in the case of the steam roads, the Peekskill Lt Ai RR June
July 1 to June 30....
returns of the different roads are published by us each week
ae soon as received, and once a month (on the last Saturday Fhlladelphla Company—
of the month) we bring together all the roads reporting as Is Pueblo A Suburban Traction ALlghtVCo a June
done to-day.
Jan. 1 to June 3u....
Boohester Ry. Co.bJuly
Xet Earnings.f— Gross Earnings. —
Current
Xet Ear ni)igs.
rrevious
Current
Brooklyn Heights b—
Apr. 1 to June 30... 3,858,350 3,054,664 1,876,367
July 1 to June 30... 12.357,040 11,525,201 4,803,101
Bklyn Queens Co. A 8b.—
229,840
217,854
Apr. 1 to June 30....
115,363
858,090
826,860
July 1 to June 30
423,889
Light Co..b
108,257
772,178
24,77f'
]
.
3l,47S
1,648
99,205
—
I'revious
Tear.
8ystem(Buiralo)b.June
484,748
715,020
636,793
38,482
44,421
60,671
dl06,757
1,222,680 1,111,888
Union Tract July.
A
13,993
2,157
2,587
10,952
81,130
86,970
78,374
5,049
10,623
10,887
13,514
2,543
3,223
11,863
95.766
92,059
94,205
7,436
9.09S
17.139
10.U46
Kariiiii(/.t.
Tear.
.
.
— QrosH
Current
Roads.
Current Previous
104,244
Jnly
0-
.
Bamings, \Jan.l to Latest Datt-
Our'nt
i~
Ameiioan
447 .*S
XBAGTION OOMPANISB.
Latest Qro»$
QROB8
.
14.454
74,779
8,069
36,485
Sao Paulo (Brazil) Tramway L't A Pow. Co June
Jan- 1 to June 30....
Savannah Electric. July
Aug. I to July 31
102,500
632,364
50,312
603,280
70,000
437,348
23,118
206,618
50,107
287.162
vllle
July
46,551
461,010
64.284
826,787
22.102
185.766
——
.
— Gross
Current
/,"
,
Year.
Koads.
armiifff.
—
>
I'rtri'iiis
346,(513
750,716
85,553
38,485
410,346
.
690.151
18,897
25,136
307.824
24.778
108.257
141,545
122,682
Toledo Kya.&L'ht a June
772,178
671,284
Jan. 1 to June 30
337,453
364,471
Xwln Cltv Rap. TT.b July
Jan. 1 to July 31.... 2.283,124 2,003.891
139.679
145,2c>8
United Tr. (A.lb'y»b. Jolj
952,128
863,967
Jan. 1 to Jidy 31
24,506
Western Ohio Ry. July
Tonngstown-Sharon Ry.
47,296
July
& Lt. Co.a
293,478
Jan. 1 to July 3l
May
31
—
.
.
26.0 r>3
150,634
305,886
8,081
5,409
43,214
9,649
40.151
69,739
370,972
200,4^4
1,196,718
62.542
300,452
18,729
57,540
318,903
195.083
1,081,152
60.t-67
262,105
are after deducting taxes.
are befor* dednotlnsr toxee
k Inclndes In thl.< year earnings of Pan- A.morloan Exposition period.
nTbege earnings Include tbe Detroit United Railway, Detroit &
Port Hnron Bbore Line and the Sandwich Windsor A Amherstbnrg
etc.
— ^lial. ofXel Earn'gs —
.
Apr. 1 to June 30
July 1 to June 30
—
Bklyn Queens Co. A 8.—
Apr. 1 to Juno 30
Jnly 1 to June 30....
California Gas A ElecJune
tric Corp
Cincinnati Dayton A ToJuly
ledo Traction
June 1 to July 31
Jan. 1 to July 31
Oln. Newp. & Cov. Light
June
(fe Traction
—
Jan. 1 to June 30
Detroit United Ry. n (all
properties)
July
Jan. 1 to July 31
Dulnth-Sop. Tract.. Jnly
Jan. 1 to July 31....
Slgln Aurora & 8o. June
Jan. 1 to June 80
—
Honolulu Rapid Transit
June
A Land
Houghton County St. Ry.
(Hancjck, Mloh.) .June
July 1 to June 30
Elect. Co.. June
June 3o....
1 to
A East.Ry. July
International Tract. Co.
Ind'p'lls
Current
Previous
Tear.
Year,
rear.
$
Brooklyn HelghtB —
Previous
Tear.
Hoadn.
$
$
20,349
129,777
1,072,879
4,268,760
99,525
384,756
93,152
372,419
16,083
32,153
111,965
16,379
32,709
20,927
126,255
84,621
575,386
15.876
82,388
8,333
49,999
542,9 iO
14,685
77.528
8,333
49,999
June3u
to
May
KnoxvUle Tract
Jan.
1
May
to
Lexington Ry
May
31
Jnly
July 31....
L0Bd.8t.Ry.(Can.)..July
Jan. 1 to July 31....
Milwaukee Eleo. Ry. A
July
Light Co
Jan. 1 to Jnly 31....
lillwankee Light, Heat*
Jnly
Traction ';o
Jan. 1 to July 81
Montreal St. Ky... JtUy
Jan- 1 to Jnlv 81.
Oct. to 1 July 31....
N. Y. <k North Shore1 to
Apr. 1 to June 30...
New York A Queens Oo.
Apr. 1 to June 30....
July 1 to June 30
34,746
6,204
30,959
5.412
16,236
2,812
15.100
75,383
499,828
•22,136
48,422
•19.97b
•26,40S
9,413
16,072
7,262
11,048
14,727
21,272
126,965
24,240
108,165
18,932
96,290
79,287
•119.599
•445,534
17,429
71,777
11,424
36.124
•99,273
•416,958
12,962
63.112
6.108
24,857
8,699
2,969
2,929
33,200
6,713
77,840
3,333
•312.868
•209,995
*735,582 'df.l29156
80,107
65,449
130,528
System (Buflalo)..June
767,697
Jan. 1 to June ou....
1,638,484
July 1 to June 30
1,804
Ithaca atreet Ry. .. June
5,218
Apr. 1 to June jO
22,127
July 1 to June 30
2,996
Jacksonv. Eleo. Co. June
1
•3,4.')8 •df.22.716
40,080
144,418 *df.23,a87 *df.79,576
1,099,639
4,189,907
2,604
28,310
6,260
3,922
28,174
8,648
3.951
39,875
8,970
74,764
4.869
126,141
748.671
1,548,960
1.965
5.720
22,844
3,12ft
6,174
30,869
4,321
13,483
2,311
15.904
67.989
467,541
15,635
23.363
176.065
4,086
•9,282
*25,185
4,516
34,868
5,319
14.952
8.872
20,271
8,196
16.642
•65,015
•843,181
def.2,509
det89,70i)
11763,458
def.871
•def.6,279
•def.7,453
4,422
3,072
def.1,551
10,108
22,345
4,729
13,033
•58,459
•331,830
15,438
93,618
24.696
139,887
189,363
63.602
19,930
119,691
164,229
•13,706
•15,083
75,383
320.799
489.005
391,423
538,748
9,013
9,586
•1,586
•3,197
46,568
191.198
45,268
181,761
•35,912
•64,240
'33,819
•65,065
22,807
154,831
3,122
12,927
4,297
27,816
25,896
178,938
16,766
119,821
1,686
8,180
24.989
60,153
23,777
84,796
•10,221
•9,948
84,759
July
Light Co
Jan. 1 to July 3l
Clean
St.
Ry. Co. .
. .
June
Jan. 1 to June 30
RR. June
Peekskill Lt.
A
Jnly 1 to June 30....
Boehesier Ry. Co.— July
Jan. 1 to July 81
24,857
173,464
2,500
17,500
to July 3
Savannah Electric. July
Aug. 1 to July 31
Jan.
1
9,831
9,583
115.600
24.052
160,010
20,217
230,901
Seattle Electric Oo. June
Jan. 1 to June 30 ..
Syracuse Rapid Tr.June
July 1 to June 30
Tampa Elect. Oo... June
Terre HauteElect..June
July 1 to June 30
Toledo Rys. &Lt....June
Jan. 1 to June 30
Twin ony Rap. Tr.. July
Jan. 1 to July 3i
United Trac. (Alb* y) July
Jan- 1 to July 31 ...
Western Ohio Ry
July
$
21,557
184,651
19,025
228,246
1,885
6.279
68.759
87,854
227,033
t76,233
t532.766
28,866
166,646
2,135
6.569
78,069
41,185
242,070
t78,437
1548.755
25,382
174,950
10,625
. .
6.569
18,985
13,287
12,519
90.118
33,915
20,428
119,307
100,221
7,416
7,038
100.414
80,772
8.070
6,191
7,659
def. 872
62,399 def. 25,645
28,604
19,636
188,902
91,870
121.997
118,849
647,960
648.386
•37.800
•27,331
*130,308
•99,989
8,108
After allowing for other income received.
Includes Pan-A.merlcan Exposition period.
1 Fixed oharges Include dividend on preferred stock.
n These earnings Include the Detroit United Ry., Detroit A Port
Huron Shore Line and the Sandwich Windsor A Amherstburg Ry.
k
Annual Reports.—The following
an index to all annnal
reports of steam railroads, street railways and miscellaneona
companies which have been published since the last editiona
of the Investors' and Street Railway Supplements.
This index does not include reports in to-day's Chboniolb.
Agrlc. Chemical
American Glue (atateiu't May
American Thread
Bo-ton & Maine
Buffalo Koch. & Pitts.
Buffalo A Susquehanna
397
306
6,887
1,399
15,937
•88,090
2,189
•176^56
•26,616
•116,744
is
Page.
399
31). 296
193
347
RAILROADS. Etc.—
Pane
NewBnK.Cot.yaru(bal.8h.June87) 848
New York Ont. i Western.
..
898
Norcross Bros. Co. (statement
847, 5*63
Railroads. Etc.—
Amer
Norrolk & Western..
Pacific Mail Steamship
Peoria A Eastern
Rcpub. Ir. & St,oel(« mos.to J'ne 80)
Ht. Joseph & Grand Island
Seaboard Air Line
SouLhern Indiana
Syracuse Ltc
J48.
Union Iron &Steel(»tatem't J'ne 1)
Union PaolHc.
United States Knvelope
U. S. Realty A Construction (9
846
Calumet & Hecla Mining
Canadian I'uciflc
Central Foundry
193
347
247
347
295
Col. Spr. & CriD. Creek Dist. Ry.... 347
Consolidated T.ake Superior
193
Eviinsvllle& Terre Haute
296
Gulf & Slup Island
898
Illinois Brick (xtatement June 30) 296
Interurb. Kap. Transit (bal. sheet
.lune.SO)
898
Loaiivillc & Nashville
847
Manhattan lly
84$
Missouri Kan'<as & Texas
898
Montreal Llaht Heat ft eower
194
Nashv. Chat. & St. Louis
296
Nat. KnumolinKA Stamping
899
New England Brick
248
Central of Georgia
Clev?. Cin. Chic. A St. Louis
Juue.SO)
raos. enfilng
June
2ti6
848
396
848
39S
847
<96
899
898
8»«
399
897
194
30)
Virginia-Carolina Chemical
Street Railways—
Blnghamton (N. Y.) Ry
Boston & Worcester
ance sheet July 1)
389
847
St.
Ry. (bal-
86
IniernationHl Traction (Bnffalo).. 296
Interurban St. Ry., N. Y. (balance
Sheet March 81)
SS
Brookljn Rapid Transit Co.
year ending June SO,
f Statement for the
1903.
resnlta for the fiscal year, as reported to the
York
State.Board of Railroad Commiesioners, compare as follows
1900-01.
190203.
190102.
Gross earnings
fll,52ft,202
$12,357,041
$11,^47,760
Operating expenses
7,5.53,939
7.717,129
7,131,281
New
The
:
Netearnlnga
Other Income
$4,803,102
222,889
$3,803,073
331,524
$4,616,479
311.401
Total income
Fixed charges
$5,025,491
4,289,907
$4,189,597
4,268,753
$4,927,880
4,660,662
Balanoo, snrplas
76, p. 704, 652.
8nr.$735,584
def.
$199,156
eur.
$267,218
-V.
Erie Railroad Company.
^Preliminary statement for the year ending June
The
from operation of
30, 1903. J
"all lines" of the company
are officially reported for the last two years as follows :
1901-02.
1902 03.
7n«. or Dee.
Miles operated
D.l
2,1S3
2,154
arosH earnings
$15,830,413 $40,894,433 /.$4,935.979
Working expenses and taxes. 29,925,758
27,927,098
/.1,998,660
results
'
Netearnlngs
15,904,655
Other Income, including coal
$12,967,335
7.$2,937,319
1,430,230
425,551
7.1,004,679
$17,834,885
$18,392,886
7.$3,941,999
bonds (feslnk'g fond). $8,901,618
803,452
$8,758,707
249,502
7.$142,9ll
7.558,950
Balance
$4,384,677
$7,624,815
Dirld'dson Istpref. stock. (3i«) 1,676,234 (3)1,436,772
7$3.240,138
COS. (less lnt<& sink. fnnd)..
Total
on bonds,
on Penn. col-
I?e(iM«t— Interest
lateral
Additions and Improvements.
Burplns
Northern Ohio Traction
A
July
vllle
etc (less Int.
9,69 i
$
A Janes-
ANNUAL REPORTS.
Current
Albany & Had. Ry. <t P.—
Apr. 1 to June 30....
July 1 to June 30
-Hal. of Net Earn'gs.-^
Cn rrhi t Previous
Year.
Year,
Covington Ry
,
Rentals,
Rockford Belolt
& Western Ry.
Interest Charges and Surplus.— The following 8tbbs»
railwajs, in addition to their gross and net earnings given in
the foregoing, also report ohargea for interest, &o. with the
lorplus or deficit above or below those oharges.
Int.,
—
Previoris
Year.
•
a Net earnings here given
/
Year.
.
23,037
116,588
&
I!enlals,etc.
Jioads.
41,985
234.871
h Het earnings here tjlven
Ballway.
X Figures for 1902 cover only the Cle7. Elyrla
* Results for 1902 are for Olnoinnatl Newport
III!..
Viirri'iit
$
57,967
269,317
27.633
162,649
328,754
10,206
14.118
130,458
161,317
848.651
60,863
S81,f<43
Byraonse Rap rr.bJune
Jan. 1 to June 30
JnlT 1 to June SO
Tampa Elect. Oo. June
Terre Haute Elect.. June
July I to June 30
Tolerto Bowling Green
& Ponth'n TraoT .May
—
Yeai:
Year.
LXXVIl.
[Vol.
Set Kar
Vurrent
rrevioun
Year.
989,457
65,618
.
Jan. 1 to
-
$
175,M3
Seattle E leotrto Go June
Jan. 1 to June 30..
July
J
.
THE OHBONICLE.
448
Houston
June
1
.
$5,948,581
$2,947,905
7.239,462
7.$3,000,676
be observed that the interest for the year on the
Pennsylvania collateral bonds, issued to acquire the Pennsylvania Coal CJompany, together with the payments into the
sinking fund provided to retire them, has been deducted in
both years from the income of the coal companies, included in "other income," and is not embraced as in the last
annual report with the other charges of the Erie Company.
The gross earnings as above oomoare with $39,102,302 in
1901 and |38,293,031 in 1900. The annual report, with tabulated statements, will be published at au early date.— V. 77,
It will
p. 196.
—
August
J
J
J
THE CHRONICLE.
29, 1903.]
STATEMENT FOB THB YEARS INDINO JUNE
& North Western Kallwaj.
for the year ending May Jl, 1903 J
Chica^ro
("Report
1899-00.
5.760
5,219
43,226
346
333
9^0
Operations—
PaaaTs oArried. 20.152 311
PM8'rmilo»Ke. 602,594,208
Rate p. pa'^sea2 ote.
«;erpermlle..
FrelBht
1,060
18.648,845
16,944.372
483,273.243
2 01
2*01 ots.
1-98
25,442,219
25,271,723
29,321,538
4029,840.841 4129,440,480 3701.417,722 3849.367.760
mileage
0-81 ocs.
085 ots.
RAtep.toup.in.
087 ote.
083 ots.
Av. train load
249-65
832-37
231-78
235-55
(rev'na.^)ton8
Kama. p. freight
train mile....
$208
Earns. p-^r pass.
train mile
Orossearn.p.m.
$0-99
$0*94
97.87140
$ j,098 49
$
Earnings—
$1-98
$1-96
$0-95
$3-03
92
tO-95
$8,230 30
32,00S.684
1.939,433
42,950,805
$7,8'^5
$
10.fl86.139
33.4?{6,892
etc.
$
12.036.277
35.171,064
2,63^,440
2.321,091
Totftl earns.
49,342,731
46,6ii.l22
43.098.687
Ma'D.ofway&O
6,247,400
Maint.ofeqilp.
Cond'gtr'nsp'n
19,199.174
$
9.718,191
31,334,945
2.015,451
Passenger
Freight
Mall,
exp,
9,002,6-^8
Expenses.
973,900
1.807,845
1.40t*^241
33,260,113
30.005,«43
5,0n,795
(Janeral
TaxeScfcBtamps
Total
P.o.exp.toeam.
Netearnlnge...
8,540,099
6.138,171
4,733 527
16,895.220
829,483
(66-73)
3.8fS5,974
15,046,731
27,229.988
(6318)
15,868,589
16,638,479
4.350,-rf25
15,591.535
861.082
1.378.309
(64-33)
16,582,668
5,592,176
26,994,013
(6285)
15,906,792
785,177
1,219,604
INCOME AOCOUMT.
1902-03.
190001.
$
1901-02.
1899-00.
ReeeipU—
Net earnings...
$
$
16.582.688
InTeaimenta...
677.030
16.698,479
577,080
15,868,589
577,080
16,445,669
16,486,582
6.406,038
6.324,752
6,069,386
17,169.748
Totol
Dish urse ments
Netlntondebt.1T 6,540.170
Int. on bds. paid
5,316
In advance*..
Dlvs. on com... (7) 3,060,414
DiVP. onpret... (8) 1,791,600
225,000
Sinking f and. .
—
Ap'roprtat'ilfor
I* H A 1
fiStfttA
oonstruo'n.&o.
(7)
(8)
9,195
2.737,868
1,791,598
(6)
(7)
225,509
4,697,055
5,013,413
74,630
2,346.744
1,567,648
226,000
$
153,140
2,346,744
1,567,648
(6)
(7)
4,169,526
202,500
4,542,041
1003.
(
2,0fl0,ono 9,000,000
Uondod debt
Roud interest
Pay rolls
1,514,000 1,514,000
13,6(12
l.S,81«
4,>.3;}
6.149
47,188
aO.dOt
4,100
178,020
V()U(^hers
r'urraiit
looa.
«
«
apital stock
6,8'>2
accounts
24,841
6.329
980,076
Hc3(!rvo fund & mis.
Protlt & loss, bal
Total
3,838.522 3,783,Si89
3,866.628 3.783,8Sa
h'ih.Q
San Fraacisco & North Paclflc Railway.
f Statement for the year ending June 30, 1903.
results for the fiscal year compare as follows:
190203.
$1,290,279
949.002
Balance, surplus
77, p. 197.
$1,039,000
701,421
$308,265
$199,493
25,000
$387,579
$199,513
25.000
$86,630
Net
Fixed charges
Sinking fund
1901-02.
$1,132,579
824,314
$350,277
$238,647
25,000
Gross earnings
Expenses and taxes
$83,772
$113,066
190001.
-V.
iSBoelated Merchants' Company.
(Report for the half-year ending August 1, 1903,
President John Claflin says:
During the half-year thirty-tive shares of
first preferred stock were
converted into second preferred stock and ten shares of first preferred stock were converted into common stock. Apart from the operations of the company, the offioers of the company effected an Important and suooessf al negotiation, wherein the company assumed no
liability. This negotiation resulted in a profit whioh Is now Inrested
in 2,000 shares of the common stock of O G. Gunther's Sons. The
prodt 80 evidenced was tnrnel over to the A8800iat«d Merchants' Oo.
and is now its property. The plant of H. O'Neill & Oo. Is In process of
radical Improvement, and before winter it will transact its business
under favorable conditions The Associated Meroliants' Oo. has no
indebtedness. [O. G. Gunther's Sons is a New Jersey corporation with
capital stock reported as $1.000,000.— £o.]
Besnits for three successive half-years have been:
15,956,792
629,790
17,215.559
8,516,890
10,801
10,601
7,002
3,14a
0,982
816,7oS
75, p. 840.
ots.
(tons)
30,450,955
26,iM6
'257.405
Total
16,637,811
454,614,457
ots.
H,14;{
30.
rAablUtiea—
$
14,071
7.IW8
I'urront aCL-ouuts
-V.
.541,676,123
Intereil.
1902.
$
Roadway and oqulp..3,616.8 12
Due from H»;onts ... 81.162
Cash on hand
923
41.464
332
Net.
BALANCE SHEET JDNE
1003.
Koal estate
Sinkinitfund
Material * supplies.
(tons)
moved
FreUht
1,060
939
41,474
332
1,070
1.933
1,100
50,763
Pa«sen>cr-r oars.
FreUUt oars...
Wors oa<-8. etc.
6,507
80.
Surplus
$141,078
$185,745
190803.. $326,825
$76,700
$110,046
189,916
1901 02.. 375,387
185.452
75700
109.752
170,811
195,025
1900 01.. 365,836
75,700
119,326
151.512
221.537
873,049
189SJ00..
76.700
145.337
Paid 4 per cent (-$80,000) dividend In Jan,, 1901 and 1902.
Aisets—
OPEBATIONS AND FISOAL HBSnLTS.
190102.
1900 01.
1902-03.
6.332
Op. exp., taxes, ete.
Grosf.
The remarks bearing on the resalta and financial opertttions of the year, from the pamphlet report, will be published
in extenso in next week'n issue.
The oomprtrative tablei for foar years, compiled for the
Chronicle, are as follows:
Av. mtlea oper.
Jinuipnienl—
LocomotlTes...
449
to
6 mos.
Aug. 1,
6 mot.
to Feb. 1,
6 mos.
to
Aug.
1,
1903.
1903.
1902.
$514,022
$543,500
123,462
151,650
$512,788
124.963
150.045
$263,387
stock.. .$239,088
stock.. .(3i«%)175,472(l?i%)87.727
$237,780
$63,616
701.538
$180,660
520,879
$237,780
283,093
$765,185
$701,539
$520,878
Aug.
Aug.
Net earnings
Six months' int. (2l«o^) on Istpf.atk. 123,231
Six months' int. (3%) on 2d pf. stock 151,702
Remainder for common
Dividends on
common
Remainder
Brought forward
Present surplus.
BALANOB SHEET.
Tot. dlsborse'ts. 16,635,918
523,830
Bal'oe, surplus.
15,867,254
1,348,305
14,708,302
1,737.367
14,881,461
1,605.121
interest paid in advance of maturity onl bonds refunded
into i^ ner cent bonds of 1987.
IT Thla 18 Inreresc on bonds leas dividend on "Om^^ha" stock— $842.600 in 1900-01; $342,600 in 1901-02 ; $935,800 In 1902-03.
•This
Is
OBNSB^L BALANCE SHEET MAT^31.
1903.
1902.
1901.
1900.
AtBciM^
$
S
£
ft
Road Aeqnipment.x220,376,196 193,377,159 184,310,654 182,061,95 7
General assetsBon<i8. stoobsand
advances
..2/*19,949,438 38,393.749 32,830,320 31,707.477
Agents * oond'r 8... 2,205,872
2,241,910
2,216,452 ,2,301,781
283.838
304,488
328.^08
U. 8. Oov't
230,353
Various persons....
166,689
117.070
155,425
117,775
Bills receivable
182,357
207.701
84,379
132,483
MaierlaJs, 'nel.&c
2,36 1, 550
3.678.920
2,330,226
2,826,922
Cash on hand
8,411,102
4,847,599
2,407,171
4,587,640
Sinking funds
9,369.157
7,647,714 10,179,724
9,768,216
282,902,175 246,999.627 234.463,023 233,385,496
Total
Liabilities
Stock, common
50,674,476 41.448,365 41.448,365 41,448.366
Stock, preferred.... 22,398,961 22,398,954 22,398,956 22,398,955
Bonded debc
162.310,500 154,585,600 145,264,000 144.833,000
DlvldeLde declared. 2.139,380
2,180,359
1,565.285
1,565,285
Sinking fund-
&
pal<i
bills,
7,647,715
10,179,725
9.768,215
9,369,157
3,547,745
146.221
3.603,633
157,630
Dri38,i64
5,179,399
158,584
1.740 748
11«,605
626,786
8.028,966
1,773.681
242.893
136,222
6.291.598
pay-
rolls.etc
3,994,020
143,363
Unool. ooapons, etc.
Ooneol. Coal Co
Accrued and accru-
Dr.zSb.yoo
ing Interest
Mlseel liabilities...
1.665,095
38,000
1,989,574
9,901,098
Land Income aoot...
KB. Income acooont
Total
1,
1903.
$1,788,088
& Go. and 12.000
shares pref. stock Adams Dry Goods Co.,
representing $3,000,000 tangible assBts
3.000,000
Stewart & Co, or Bait., Md.. with work'g cap.
representing $1,000,000 tangible assets
1,000,000
•5.000.000
45,001 shares of stock H. B. Claflin Oo
Contracts, leases. good-wi>l, eto., of constlt.
cos, and of Ass'd March's' Oo. and 6.000
shares Adams Dry Gds. Co.oom. stock [and
In 1903 2,000 sh. com. C. G. Gunther's Sons].
5.000,000
$1,543,796
3,000,000
1,000.000
5.000.000
5.000,000
$15,788,068 $15,543,796
Total
Liabilities—
First preferred capitalstook
Second preferred capital stock
Common capital stock
Int, accrued on 1st and 2d pref. stock
Surplus
Total
*Book value Jan.
1,
1902.
$4,927,500
5,05-*,500
5,014,000
22.912
765.155
$t,998,000
5,002,000
5,000,000
22.917
520,879
$15,788,068 $15,643,796
1.
1903. $5.116,028.-V. 77, p. 402.
American Locomotive Company.
(Report for year ending June 30, 1903, J
President S. R. Callaway says in substance
General Results —The gross earnings were $33,105,725, an
:
acoretiOB 8 thereto
Current
Assets—
Cash
Business of J. McOreery
1.820,975
272,064
1,329,149
9,377,268
Br. 16,644
262.902,175 246,999,627 234.463,023 233,385,496
Consists of C. & N W. Ry. deb. of 19nP. $10,000; M. L. S. & W. Ry. ext. and
impt. bonda. ttn.ooo So. Iowa Ry. l8t M. bonds, t4»i,0U0: c. N. & W. Ry. 3Ji
per cenc, .jeuaral M. bonds of 1987, $i,038.i)00
suadry boads fundable for C. &
N. W. Ry. 3hi per cent general M. bonds. *130.ixjh; 8t'>ck Cb. St. P. Mi in. & Om.
Ry., 10,u 0.000; common stock and scrip C.& N. W. Ky. Co., t2,3ai.«b8; preferred stocli. and scrip C. A N. W. Ry. Co., 3,sa5; advances and securities sun*
;
;
dry companies. ti.^<ii.Q''o.
X Increased $13,10rt.7-.S by "taking in" Fre. Blk. & Mo. Valley RR.
V Decreased Jl^.aie.oOO tjy transferriner that amount of Fre. Elk.
secuTities and stock to Road and Equipment."— V. 76, p. 1245, 1247.
& Mo.
Val.
•
GJla Tulley Globe & Northerm By.
(MaUment for the year ending June 30, 1903.
We have received the following statement, as it will appear
in the Sonthern Pacific report:
In-
creaee of $6,707,331, or 25-4 per cent, over those of the period for
the 121a months ended June 30,1902, as shown In the last report.
The earnings included the revenue derived from the sale of new locomotives and extra parts, the repairing of old locomotives, and sundry
miscellaneoas sonrces of income.
The expenses were $28,t 52.315, an increase of $4,761 098. or20-4%
over those of the preceding fiscal period. They Included, no only the
first coit of raw material, the direct expense of mannfaoture, the
maintenance and betterment of property, the local and general admlnisirative and Incidental diabureements. taxes, etc., but a so 20 per
cent written off' from the ^ook value of patterns and drawings, and a
charge of $484,370 representl g positive addiiions to the company's
property. As was the cat>e last year, the combined disbursement for
renewals, replacements, betiermentfl, and addltlcns thus obarKCdto
the current expense aoconnt is decidedly more than would bo required
to be written oflf upon a theoretical percentage basis as depreciation.
Out of the re!-ulting surplus earnings the required annual dividend
of 7 per cent on the preferred stock has been paid, amounting to
$1,760,000, and leaving a surplus of $3,055,253 to be carried to "profit
and loss" account.
The increaFe in the gross earnings Is attributable to a much larger
product rather than to higher proportionate prices. The oflaoers have
avoided any advance in the selling price of engines other than such
fcs became absolutely necessary in order to meet the higher cost of
labor and of raw material.
It is the company's Intention to make a premloent feature of the
general overhauling and extecsive repairing of locomotives and the
:
.
THE OHKONICLE.
^50
new psrte; bence It Is gratlfyins: to be able to report the
BODftiiDtUl growth in ihU department duvlnk the year.
The Increase In expenses has not been In proportion to that In earnings, lna*njueh as the eoonomies of the past two years are now beginning to bear fmlt; these, however, do not show to their full extent, as In pur->nanoe of the oompiny's liberal polloy. Touohlng npke«p and betterments, the ohart?es to proiluotive cost for maintenance, renewals and replacements werd aonble those of the preoedlnj;
ye*r.
enpplj-lutf of
A DPiTioxs —In-order to take advantage of the exceptional and
widespread demands for new looomotlveR during the past two yearR.
extensive pnrohases of land have been made, capacioua new shops of
the most modern deslen have been erected and equipped with the
latest and must etliolent machinery and tools. Old shops have been
remodeled and re-eqalpped, with the result that the luannfaotnrlnK
capacity of the company has increased fully 60 percent. Ills expeotoil
that the Improvements authorlz?d by the board will be completed
during the tlgoai year now opening. During the past fiscal year the
sum of $ l.ti2'.30'2 has been expended for additions as indtoaterl above,
which, tosrether with the sum of f 1.629, 228 announced In the last
aonaal re port, makes An airi^regate expenditure of $3,256,53), thu-ifar,
all of which will be paid f jr out of the current Incline. The profl'; on
the Incieaaed ontput, which was alone made possible through these
•ddltlous. has yielded a highly eatlsfuotory retnrn on the investment.
All thlo h.as been accomplished withoat tncTcaslngthe capital account.
Contracts.— The company now carries on its books blndlnir contracts ioT a Urk;e number of locomotives for delivery as late as the
sauuuer of 1901.
A
improved, more than $1,000,000 having been expended during the
pastyear In repairs and improvements and charged to operating expensHs, »nd over $675,000 having been expended In new construction
and charged to plant account during the sarae period. The present
condition of the business of the company la satisfastory and gives
encouragement for the coming year.
The earnings and balance sheet follow:
BABNINOS, BXPEN8BB AND CHAROE8.
1902-03.
1901-02.
s
s
1902-3.
1901-2.
(12^»iO».)
(12 mos.)
Gross eamlnes
$33,105,725
Mannfaoturing, maintenance and administrative expenses
28,052,315
Net earnings
$26,398,^91
28,291,217
Net.
3,613,461
Taxes, insur. and Int.... 1,082,927
Balance
Divs. on pf, stock, 6
Surplus for year
Pievious surplus
Total surplus
p. c.
2,901,195
1,003,740
3,125,876
842,302
2,580,534 1,897,455 3,054,390
1,344,402 1,344,402 1,344,102
2,283,574
1,314,402
1,186,132
4,073,011
553,053
3,519,937
1,709,988
1,810.000
939,172
870,828
6,259,173
4,073,041
3,519,938
1,810,000
1902,
1901,
BALANCE SHEET JDNB
1903.
105,865
$i,805,253
1,750,000
$3,001,312
1,750,000
Common
First mortgage bonds
Divisional mortgasre bonds
Snrplns
Additions to property
$3,055,253
1.142,932
$1,251,312
1,027,077
Balance
$1,912,321
$224,235
COHDBNSED OENEKAL BALANCE SHEET
t
900,000
118,000
.-aiidry securities
e.4'-3
11«.COO
37,526
.
Rlrhm.Loc.iMach.
Cash
1.163,-55
:,048.13a
5.593,40»
4,255,721
3.108,497
2,187,540
Contract work... y3.977, 107 y2.8i4,lt7
Unclaimed
Accts receivable
Blat'al & SQpplles.
Dividend payable
American i ^„_,
Profit
620
g,9S5
437,500
July
and
60,758,878
stock
Preferred stock
58,500,482
17,442,800
22,406,700
9,866,000
17,442,800
22,406,700
9,866,000
3,087,500
1,256,486
68,731,162
3,023,00i)
Notes and accounts payable
2,405,637
Accrued Interest, taxea and water
rents not due
850,668
Surplus
6,259,173
:
17,442,800
22,40'i,700
9,866,000
3,191,500
1,818,788
363,016
455,386
4,073,041
8,919,988
.60.753,878 58,500,482
Total
68,731,162
-V. 75, p. 1205.
GENERAL INVESTMENT NEWS.
Inter-
437,500
224,235
est
In
Total
Liabilities—
1902.
lAabUitiei—
$
stock.— 25,000,000 25,000,000
Preferred stock. 25,0l 0,000 26,C00,00)
Bonds of co'istituent comp'ies. .zl,512,500 zl, 512,600
Accounts payable 2.>-22,lia 3,824,908
Bills payable .... 3,415,00j
1,700,000
Common
900,000
Wnrlis consols..
JITNB 30.
1903.
1902.
$
1903.
AMseU-
Cost of prop'ty.x45,97-A8e0x45,432,28S
Amer. tocomot'e
Co. pref. stock
$
41,925,446 41,251,235 41,586,966
4,015,044
3,980,433
4,101,723
SecnrltleH of sundry corporations. 5,6 21,487
5,477,523
4,810.163
Land rights and water powers....
104,727
104,502
100,493
Patents
12.000
12,000
12,000
Furniture and fixtures
87,003
39,840
41,028
Sinking ftmds
39,000
Cash
848,606
566,107
448,030
Accounts and notes receivable
4,492,611
3,816,588
3,031,388
Inventories of mdse. on hand and
advances for wood operations. 3,696,956
3,752,751
4,660,371
Woodlands
2i8,157
Profit available for dividend
Dividend on preferred stock at 7 p. c
SO,
Mill plants
$3,107,177
oompan-
1899-00.
3,961,657
907,267
$5,053,410
Interest on bonds of oonetitaent
ies, bills payable, etc
1900-01.
s
%
Gross Income
20,142,771 19,719,420 20,711,903 18,707,685
Cost of raw materials,
manufacturing, etc. ...16,629,310 16,818,225 16,750,245 16,681,759
anmmary
of the operations for the fiscal year ended
June 30, 1903. aa compared with those of the twelve and onehalt months ended Jaae 30, 1902, is as follows:
LXXVII.
[Vol.
loss... 2,138,664
BAILB0AD8. INCLUDING STREET B0AD8.
Burlington (Yt.) & Hinesbnrgh (Electric) tij.—New
—
Name. bee Burlington & Southeastern Ry. below.
Barlington (Vt.) & Southeastern B,Y.—Sueceaaor Com
Total..
57,20»J,128
.. 60.324,48i
Total
.60,324,488 67,209,128
pany — Tiiis company has been organized with $3,030,000 of
T S'250.000 each of common and preferred held in trust.
atithorized capital stock, and has taken over the line of the
X Including all the capital stock of the Richmond Locomotive Works. ManBurlington & Hinesburgh Ry. Co., 6 miles completed. Extenchester Locomotive Works and American Locomotive Co. of New Jersey,
y In course of constractijn (based upouexantcbarKesas the work proceeded),
sions aggregating 144 miles are projected and a bond issue
Bonds
Ix>coin
z
.
>
f^ftl
»
v2O0,O0O
v200,000
I
assamed.
See
full description in
V.
75,
p 60,1.— Y.
76, p. 1109,
United States Glasg Compaay.
fStatement for year ending June JO,
&
1903. J
President D, C. Ripley says
my last annnal report an increase was shown in sales over 1901
of 13^ per cent, with a loss, on account of bad debts, of one fifth of 1
percent. This year shows an Increase of sales over 1902 of 10>4 per
oeBt, a lose of one-twelfth of 1 pet- cent on account of bad accounts.
Oar manofactnred stock on hand 1« larger than usnal, which will
:
In
enable us lo fi.l orders t>romptly. We are unable to see anything in
the f Qtnre that does not indicate Kood trade, although business la a
little slow at present
We are, however, runniuK all of oar plants
night and day. We are now erecting a tank furnace at Oas City, Ind.,
which will increase the output there 25 per cent. Onr London and
Australian olllces continne to show increased business and are now on
a paying hai>l8. The Qlassport Lani Co. during the year has sold
$102,770 worth of property. Deducting this amount from the appralsen.ent made last year, which amounted to $1,016,140, we have
»6 13.370 worth left, without counting any Increase in valae duilng
the y«-ar.
The re-adjnstment plan from the report was given
last
week,
FISANCIAL STATEMENT JUNE 30, 1903,
Otirrentatgetg Glass and materials
Accounts receivable...
Bills receivable
Cash
Current
$575,853
364,465
liabilities
AooountB payab.e
Bills payable
2,934
61,154
Total
Total
$1,001,406 Net quick assets
Cost of works exolaslve of Olnssport
Glis.Hport Land Co., net investment
Total assets in excess of liabilities
Net gain for year to Jane 30, 1903
—V.
—
$150,862
175,000
$325,862
$678,544
2,352,900
371,031
$3,402 475
$251,871
77, p. 404.
International Paper Company.
f Report for the fiscal year ended June 30, 1903 )
President Chisholm says
The gross earnings Increased $123,350 and net earning:) increased
$6i3,o78 over the preceding year, th^ aniountcarrled to surplus, after
expendlturec, Inclndln^' dividends, being $l,l86,13i. The company Is now receiving to quite an extent the benefits of the large expenditures ui^e on lis plants dorlng the last three years, and to these
expenditares is principally due a large Incrt-a^e In prodaotion, to
which in tnrn is mainly due t^ie gain in eamlcgH noted. Bad it been
•11
mn
ha9 been authorized to cover the cost of the new construction and to provide for the retirement at or before maturity
of the t25M,000 of 5 p, c. gold bonds of the Burlington
Hinesburgh, which are dated July 1, 1898, and are due in
pos«ible to
the mills as in the years precedluK 1902, before the
nonrs of labor were Hhortened, ih(» production would have been considerably larger than the result obtained. Also the product of your
company b^ been sold to better advantage.
Ih'- statement of assets and Uabllities following shows that while
the company has made a large gain In active assets over last year. Its
cnrrent liabilities have a'.so Increased owing to the large production
hereinbefore mentioned. In oonformtcy with the oomp»ny'H policy
the physical condition of the mills has bean carefally maintained and
1926.
H, D. Clark is President; Robt. Avery, 309 Broadway,
Vice President; E, C. Mower, Treasurer; F. O. Sinclair,
Secretary.
Canadian Pacific By.— "0</ter Income, "—See Minneapolis
&
Saulc Ste. Marie Ry. below.
the month of July the land department sold 267.647 acres at an average of |3 81 per aore,
contrasting with 155,344 acres for $3 63 during July, 1902.
St. Patrl
Land Department.— Daring
The total receipts amounted to $1,020,404, compared with
$563,878 in July, 1902. The proceeds from the sale of land
are not included in the road's income account, but are kept
separate in order that the land-graat bonds may bs canceled
as they mature.~V. 77, p. 348, 347.
Chesapeake
Exchange has
& Ohio Ry.— Listed. — The New York
Stock
lifted §239,000 additional general mortgage 4
p. c. bonds of 1993, miking the total amount listei to date
The bonds now listed were sold, in connection
135,073.000.
with 22,608 shares of the company's capital stock, for the
purpose of acqairing |2,260,300of the $2,336,950 capital stock
of the Maysvilie & Big Sandy RR Co., whose line extends
from Ashland to Covington, Ky., 143 miles.
Following is a summary of the purposes for which the
general mortgage i% per cent bonds have so far been issued:
Corporate purposes
$1,600,000
1,560,000
Rf-tiiement of oatstanding bonds, equipment notes, etc...
Kxchange of drsr, and second preferred stock
12,660.000
Acquisition or conetrucilon of branch lines, seoaritles of
17,703,000
other companies, equipment, etc
1,650,000
New second track
Total
$35,078,000
-V. 76, p. 381.
Cincinnati Dayton & Toledo Traction Co.— Contest.—The
annual meeting will be held on Sept. 1, and proxies are being
asked by Cleveland parties to be voted by M. J. Mandelbaum,
F. T. Pomeroy and H. C. Lang. "Cincinnati Enauirer" says:
Interests In Olncionatl hold 25,000 of the 35,000 shares of stock and
will vote to move the main oflice to this city or to Hamilton. In
addition, the prcHent oflioers are to be retired and the personnel of the
will undergo an entire change. While Cleveland will have representation, the majority of the directors and othoers wlU represent
Cincinnati Interests.— V. 76, p. 653.
board
—
The City
Cincinnati luterterminal BB.— Franchise.
Council of Cincinnati voted on Aug, 24 to grant this company a franchise for its proposed double-track elevated rail-
:
ACQTJST
road from the C. H.
streets to the C.
strpets.
p. 400.
THE CHRONICLE.
29, 1903.]
&
& D.
at Fifth and Baymiller
bridpre neir Third and Mill
'-Enqnirei" of Ang. 25; also V. 77,
RR. depot
O. Railway
See Cincinnati
451
40-foot private right of way between Kokomo and Marlon and has
the franchises and permits for the occupation of such portion
of the Ighway as Is nect^Hsary In enterlns the towns and villages on
the routes, i'he road has exceedingly light gradlngs and but one small
bridge. Sever. ty-pound " T" rnlls aro laid on standard ties stone ballasted 17ifl iiillet grartlnjt completed; 10 miles of riklla laid. I Ine will
be In operation about Oct. 1 from Kokomo to Qreentown. Estimated
popnhitlon per ml'e. Including township, ?,0 "5. This road forms an
Important link between the Union and Northern Traction companies.
V. 76. p. 1143.
I
;
;
C< Inmbns (0.) Kailway & Light Co.—Neiv Lightirg Com
pany.—See Indianola Heating & Lightirg Co. under "Industrialb" below.— V. 77, p. 35.
—
Luke Street Elevated RR.— Deposits.— The protective
Luckawanrn & Western RR.—Hob ken Ferry.—
Dtlaware
committee, consisting of E. A. Dicker, R. H. Donnelleyi
The binking Fond Commission of New York City recently
Colvin, C. F. Gray and James Bolton, has received
granted the company a franchise for a ferry from a point W. H.
the foot of very considerable deposits of stock and reorg^nizttion-combetween 22d and 33d streets, North River, to
at the Federal Trust & Savings Bank in ChiFerry St., Hoboken, this ferry to replace that to 14th St., the mittee receipts
cago, and, it is said, lacks but little of representing a majorThe company has
franchise for which was annulled.
of the entire share capital. A member of the committee
increased the number of boats in service on its Hoboken ity
F^rry (lately purchased) from four to five on the Barclay St.
line and three to four on the line to Christopher Street.
Improvements.— The Improvements which have been in
progress in Newark. N. J., for the last 18 months, and which
when completed will represent an expenditure of $3 000,000,
irclude a viaduct, eliminating 27 grade-street crossinge; also
the depreseion of tracks from High St. west to the city limits,
on the main Hue and Montclair branch. The elevated and
depreseed lines will be for three tracks, including one track
for fast suburban express trains in and out of New York.
A double-deck draw bridge Is to be built at the Paesaic
River, allowing passenger trains to pass on the upper deck
and freights on the lower. The draw span will be 221 feet
inlergth.— V. 76, p. 1029.
Denver H SooiliTvestern
RR.— Earninga.—The
earnings
for the half year ending June 30 are reported to the Chronicle as follows: Gross in 1903, |531.434, against |503,825 in
19o2; net over operating expenses, $129,379, against |60,824
in 1902.— V. 76, p. 702.
says:
We reek
an early straightening out of the affairs of the road and will
helping In the situation. It Is a mistaken Idea
that thiscommlt'ee is neoessarlly Inltuloal to the plan to be brought
forward by the reorganization committee.
The plan of the Higinbotham committee is not expected to
be made public under several weeks.— V. 77, p. 250, 147.
do
all
we can toward
—
Lake Shore & Micliigan Sontiiern Ry.— Balance Sheet.
The balance sheet of June 80, 1908, as tiled at Albany, shows
an increase in the holdings of stocks and bonds compared
with Dec. 31, 1902, of $26,055,579 (viz., from $34,237, .552 to
$60,293,131), and loans and bills payable aegiegating $31,950,000, as against $5,000,000 on Dec. 31, 1902. The acqui.'ition of Reading stock and the issue in connection therewith
of $25,000,000 of 5 p. c. one-year notes (V. 76, p. 159, 102,)
accounts, of course, for most of these increases.— V. 77, p.
89, 36.
Minneapolis St Paul & Sanlt Ste. Marie Rj.— Dividends
Begun on Both Stccks, — The company has'.declared a dividend
of 7 p.
c.
oa the preferred shares and a dividend of 2
p. c.
on
Grand Trunk Railway of Canada.— iVew Stock Author- the common stock, both payable Oct. 15 from the earnings
ized.— The shareholders, at the meeting in London on Aug. of the calendar year 1902 to shareholders of record Sept. 30.
The dividend on the common stock is not officially termed a
24, unanimously approved the recent Aot of the Canadian
distribution, though generally assumed to
the beginning of such payments. The Canadian Pacific Ry. on July 1, 1902, owned $3,533,400 of the $7,000,000
preferred and $7,066,600 of the $14,000,000 common stock,
from which it will now receive through the aforesaid divi-
Parliament in authorizing an increase of the 4 per cent guaranteed stock from the present authorized amount ($26,100,(Compare V. 76, p. 919, 973 )
000) to $50,000,000.
S~x Months' Statement.— Snhz^ct to audit, the results of
the accounts for thchalf-year ending June 30, 1903, are cabled
semiannual
as follows:
dends $888,670.
Status.— In view of the dividend declaration the following has been communicated to the New York Stock Ex-
6 mot. end.
Gross
earnings,
Net
Ifet
Balance,
surplus
'earnings,
charges. Advancet.
Jvne 30.
1903 (esr.)
£2,778,000 £783,000 £514,000 £14 400 £254,600
14,746
247,427
773,589
511,416
1902 (actual).. 2,377,201
The surplus as above in 1903, together with the balance of
£4,000 remaining Dec. 81, 1902, is sufficient to pay the full
dividend for the half-year on the 4 per cent guaranteed stock (£104,396) and also a dividend of i^ per
cent on the first preferred stock (£85,421) and in addition a
dividend of 23^ per cent on the second preferred stock (£63,210), leaving a balance of about £5,600 to be carried forward.
The same dividends were paid last year, leaving a balance in
1902 of about £3,6C0.— V. 77, p. 400, 2.50.
(Electric) Rj.— Injunction Denied.— On
Aug 20 the loan of f400,000 obtained tor the construction of
the Saratoga extension fell due and the $500,000 bonds and
$100,000 stock pledged as collateral were nearly all promptly
taken up by the underwriters on the basis of 80 for the bonds.
Underwriters of $70,000 of the bonds and $14,000 of the stock
sought to et join the enforcement of their eubscriptions, on
the ground that the rate of intereet was usurioup; but their
application for a permanent injunction was denied by Justice
Stover at Amsterdam on Aug. 23.— V. 77, p. 349.
Hadgon Valley
Illinois SoQtliern Ry.—Purchaae.-The shareholders will
vote on Oct. 15 (1) upon the purchase of the railway prop
erty, corporate rights and franchises of the Southern Missouri
Railway, a line just completed from Little Rock Landing
to Bifmarck, Mo., 43 miles; (2) upon tne creation of $5,000,000 of 4 per cent 50-year coupon mortgage bonds (covering
all property now owned or hereafter acquired), for the purpose of funding outstanding indebtedness, paying for con
structicg, completing, equipping and maintaining the rail
road, and paying for the railroad and property of the Southern Missouri Railway Co,, and (3) upon increasing the capital stock from $2,000,000 to $5,000,000, $1,0.00,000 of which
increase to be preferred 6 percent cumulative.— V, 75, p. 549,
V
KnoxTille& Ohio BR.— Sa/e.— See Southern Ry. below.—
77, p. 349, 298.
Kokwmo Marlon & Western Troction Co.— Bonds Offered.—
A. W. Thomson and Newton Todd, both of Indianapolis, are
offering at 95 and interest, with $300 stock twnus to each
$1,CC0 bond, |250, 000 of this company's first mortgage 5 per
cent 30-year gold bonds, dated July 1, 1903. The interest is
payable January and July at the office of the Security Trust
Co., Indianapolis, Ind., trustee. The total authorized bond
issue is $1,000,000, of which |250,W0 is reserved to retire
Kokomo Railway & Light bonds and §750,000 for the construction of an interurban railway between Kokomo and
Marion, ltd,, a distance of about 30 miles, with 11 miles in
Kokomo, making a total of 41 miles of lines ; $500,000 of
the bonds have been sold. An advertisement says
These bonds are secured by a first mortgage on the road and equipment as above mentioned and are also a second mortgage on al the
railway and electrlcllght plant of the Kokomo Railway & Light Co.,
whose capital stock Is owned by the Traction company. The latter Is
organ'zed under the Interurban railway laws of Indiana and all the
franchieeB were given for a term of fifty years. The company owns a
mark
change:
'
Beglnnlne with surplus of $660,880 on hand June 30. 1900.
we have
t^ June 30, 1903, $4,239,752. From this
we have deducted $289,022 for Improvements to constructed lines,
leaving net surplus of $3,950,730. We have advanced for construction of new lines and for new equipment (pending Issue of bonds),
$1,923,027. We had on hand June 30, 1903, after payment of fixed
charges, cash assets. $1,893,625, and In other current assets over current liabilities, $530,708.— V. 75, p. 730.
earn^-d. Including surplus
up
Minnesota & International Ry.— Mbrf gogre .— This company, belonging to the Northern Pacific Railway system (see
V, 73, p. 610) has made a mortgage to the Minnesota Loan
& Trnst Co., as trustee, to secure bonds issuable at not
exceeding $15,000 per mile of single track and $10,000 per
mile of second track, completed and ejiuipped. The bonds
now certified, $3,145,000, cover the line completed from
Brainerd via Bemidji, Minn., to beyond Black Duck, 143
miles; and further amounts can be issued at the aforesaid
All the outstanding bonds, being
rate on future extensions
5 per cents, due July 1, 1923, are pledged as part security for
the prior lien bonds of 1896 issued by the Northern Pacific.
An extension to the Canadian Boundary is under construction.
The company is successor of the Brainerd & Northern
Minnesota.
,
Montreal Street Rj.—New Stock.— The shareholders will
vote Sept. 10 on a proposition to increase the capital stock
from $6,000,000 to $7,000,000. The new stock was to be offered
at par to shareholders of record on Sept. 30, the first instalment of 10 p. c. being payable on Nov. 1. The proceeds wiir
be used for new cars and other additions as required. V. 77,
—
p. 299, 251.
Nashville (Tenn ) Railway & Light Co.— Called Bonds.—
Five ($5,000) Cumberland Electric Light & Power Co. first
mortgage 6 per cent gold bonds of 1892, Nos. 3, 301, 208, 306
and 394, have been drawn by lot for redemption at 104 per
cent and interest at the office of tbe Metropolitan Trust Co,,
No. 37 Wall Street, on Sept, 1, 1903.—V. 77, p. 89, 37.
National BR. of Mexico.— 06/ecf of Oovemment Control'
Mexico, at a dinner in
— Minister of Finance Limantour of
London
recently, said in substance:
of the purchase of securities of the Interoceanic Railway
In the first plaon, and afterwards by obtaining the control of the Na-
By means
RH. of Mexico and of the Merioan Icternational, the Mexican
Government can exfrolse a preponderating Influence over more than
tional
3,500 miles, without including In that figure the Tehnantepeo Ballway, which Is exclusively the Goverument's property.
With these holdings our position is Hufflclently strong to prevent
the very great evils which were to be feared from the possibility of
a trust or combination uniting all the elements of transportation In
the country. The Government, in my opinion, does not need to go
much further in that direction, but It oaght to be satisfied, at least for
the precent, with the purchase of the securities In question, a purchase which will not be a burden because we shall soon receive In
dividends from the railroads mentioned a sufficient amount for the
payment of Interest and of the sinking fund of the sums invested in
(
their secaritles.
The Government is far from purposing to intervene in mere admin,
istratlve matters of the railway companies ; on the contrary, It wlH
leave the respective companies in entire liberty to assure the goo^
—
—
:
TFB OHKONTCLK.
452
working of the lines. We ar« persuaded that the hour will not come In
Mexico for many years for the railways to be A<lTantai;eon8iy worked
by the piihlio a-lmlnlstratlon. Sow that the (^oTernment has this vreponiler.itlDi: luflaence In the largest system of railways, all the other
[N0U8TRIAL.
(JiAS
LXXVU.
AND MISCELLANEUdH.
Alaska Packers' A<*8oclation.— T/itu Year's Pack.—The
"San Francisco News Bureau" has the following:
trans port atl on Interest* In the country should oouelder themselves
better rrotectel than ever before, as they will be sure that the Government eannot and ought not to be boatlle to anybody.— Y, 77, p.
aai. 196.
A representative of the company says that the salmon canners of
the Pacltlo Cuast packed last year a total of about 4.260,000 cases;
this year the tot*! pack Is estimated at from 3.000.000 to 3,250,000
oases. In 1900 the total pack was a, 000,000 cases. la 1901 the pack
Jumped to 5,000,000 oases. The total consumption of red salmon for
the past twelve months was 4,000,000 oases. This year the supply of
red salmon win probably be about 2,000,000 oases. The pack of pink
salmon In Alaska and elsewhere will probably be about 1,000,000
oapes, or about the same as last year. Tnore are large quantities of
pinks still unsold all over the Coast.— V. 77, p. 252.
Sew York Central & Hadson River BR.— iVetr Bonds.—
The New York Stock Excbange haa listed |5,g43,000 addllonal 8J^ per cent bonds maturing in 1997, making the total
ontptandtrp $70,857,000, and has authorized the listing of a
further $658 000 when exchanged for prior bonds. The mortlimited to flOO.OOO.OOO, of which $15,000,000 was
reserved for improvements, additions, etc., after
Dec. 81, 1908. The remainder of the authorized issue included two items, viz.: $70,877,333 to take up a like amount
of bonds of prior issues (since reduced to $18,850,317), and
$14,622,687 to meet any premiums which might be paid
In order to effect the refunding, or, at the discretion of the
oompiiny's directors, for additions and improvements. The
bonds just listed are from this last-named block; their proceeds, it is stated "are not and will not be required for redemption of outstanding bonds nor for premium on suoh
bonds." There are now reserved for premiums only $392,109
of bonds- V. 77, p. 350, 89.
gage
[Vol.
is
Albion (Mich.) ^as Light Co.— Bonds OJered.— Edward
M. Deane & Co. of Grand Rapids., Mich., are offering at par
$20,000 of this company's first mortgage 5 per cent gold
bonds; Michigan Trust Co., Grand Rapids trustee. These
bonds are dated Nov. 1, 1902, and are due Nov. 1, 1917. Interest payable May 1 and Nov. 1. A circular says
flT)ecifically
:
Capital stock, fully paid. $60,000. Bonds authorized, *79,ooo; reserved for future extensions, $15, 00r> present Issue, $60,OOo. Net
earnings for six months ending June 30. 1903. $3.H9, against $2,272
for same months In 1902; Increase, 38 per cent. The increased earnings to be derived from the extensions and Improvements are
not shown, the flgurea being based on resnlts obtained with the unim;
proved plant.
Compare Alpena Gas & Fuel Co. below.
Alpena (Mich.) Gas Light & Fuel Co.— Bonds O^ered.—
Edward M. Deane & Co. of Grand Rapids, Mich., is offering
for sale a block of bonds of the Alpsna Gas Light & Fuel
Co., a company organized under the laws of Miithigan to
acquire the franchise and property of the Alpena Gis Li£ht
Northern Pacific By.— Subatdtary Company.— See Minnesota & International Ry. above,—V. 77, p. 196, 147.
Pan- American RR.
Incorporation.
—This company,
with
$350,000, OiH) of authorized capital stock, has filed articles of
incorporation in Oklahoma. The company is empowered to
build a railway from Port Nelson, Hudson Bay, southerly,
passing near Winnioeg, and through North Diikota, South
Dakota, Nebraska, Kansas, Oklahoma and Indian Territory,
toGalveeton, Texas; thence through Mpxioo. Central America,
the United States of Colombia, Ecuador and Peru to Buenos
Ayres also branches from Peru southeasterly to Rio de
Janeiro and southerly to Valparaiso. The incorporators are
W. H. Dodfre, Stephen A. Sheldon, W. J. Pendleton, Eldredge G.
Phelps of Shawnee, Oklahoma, and C. £. Wells of Lincoln, Neb.
Allied enterprises are the American Townsite Co., of
Oklahoma, with $10,000,000 authorized share capital and the
Canadian American Construction Co. Among the directors
of the latter are said to be Charles F. Baach Jr., London,
England; M. L. Muhleman, New York; Charles M. Rawlins,
New York; and Charles B. Williams, City of Mexico. M. L,
Muhleman, 214 West 112th St., this city, is quoted as expressing surprise that he had been elected a director, for so far as
be knew nothing concrete had been done in connection with
the scheme,
Co.
A circular says
:
Capital stock, $100,000. Bonds, 20-year first mortgage 5 p. o. gold
bonds, dated Aug. 1. 1903, due Aug. i, 1923, subject to call at 105
and Interest after Aug. 1, 1908; denominations, $^00 and $1,000;
authorized, $10 »,000; reserved for future extensionH and betterments, $2.^,000; Issued for purchase, betterment and extension of
property, $75,000. Gross earnings of Alpena Gas Light Ca. for the
year ending May 1, 1903, $12,490; expenses, including maintenance.
;
Insurance and taxes (also amount expended for extensions and services), $8,060; net earnings, $4,390; Intereston proposed issue of $75,000 of bonds at 5 p. c, $3,750. The company's present basluess can
be doubled as soon as the capacity of the plant Is Increased and the
service's placed, the capacity of the present plant having been reached.
The Albicm Gas Light Co . a oompany operated under the same management as the Alpena Gas Lleht & Fuel Co., serves a population of
only 5,500 (against 15,0U0 In Alpena), and reports for the six months
of 1903 an output of gas of 4,076,300 feet, contrasting with 3,394,000
feet In Alpena; sales of gas, $5,2i7, against $t,105 In Alpena; meters
in use. 596, aealnst 485; miles of mains, 10, agaiost ti^
The Alpena
Gas Li ght & Fuel Co. operates under a very f a.vorable franchise for the
sale of gas and its by-products, which runs for
manufacture and
thirty years from IV 00. The present price of gas for lighting Is $1 50
net and for fuel $1 net.
The bonds were issued at par, with a bonus of 50 p. c. in
stock.
8an .'intonio & Aransas Pass Rf.—Neu} Control— A statement filed with the Texas Railroad Cammission shows that
American Bicycle Co.— New Stock Trust Certificates Ready.
the 49,270 shares of stock which were held by Henry Rah- —The Central Trust Co. is now prepared to issue trust cerlander of New York for the Southern Pacific have been trans- tificates represeuting stock of the Pope Manufacturing Co.
ferred to William H, Mclntire.— V. 77, p. 401, 351.
exchange for the certificates of deposit for debenture
bonds and preferred and common stock of the American
Bicycle Co. per plan in V. 75, p. 1401, V. 76, p. 267.
Hale.- At Syracuse, N. Y., on August 26, George Pope,
son of Col. A. A. Pope, bought at receivers' sale the property
in
Seattle Electric €o.—Ouaranteed Bondtt.—See Puget Sound
Power Co. under "Industrials" below.—V. 77, p. 251
Soathern Ballway Co.— Consolidation.— Ttie shareholders
will vote at the annual meeting on Oit. 13 on a proposition
for th>i acquisition by Southern Riilwa7 Co., by purcuase or
consolidatioa of th'^ railroads, properties and franchises of
its leased line, the Kuoiviiie& Ohio RR. Ci. (V. 77, p. 349,)
and also the Knoiville & Bristol Ry. Ca.-V. 77, p. 403, 299.
of the
—
American (Bell) Telephone & Telegraph Co.— iVetc Stock
Listing.— The New York Stock Exchange has been requested
to list the $21,950,200 new stock, the rigbt to subscribe for
which expired on Aug. 15. The subscriptions are payable in
instalments beginning Sept. 22, with the option to pay in
full on that dav, in which case the new certificates will be
Issued as of Oat. 2. Compare V. 76, p. 1856.— V. 77, p. 402,
299.
Amesbnry & Salisbury (Mass.) Gas Co.— Bonds —The
Massachusetts Gas and Electric Light Commission has
authorized the issue of $60,000 thirty year five per cent
bonds for "new construction and extension of mains."
Capital stock, $60,000. President, C. W. Morse; Treasurer,
tantlally the entire Krade between Indianapolis and Tipton Is completed. The traiks In the streets of Tipton and NoblesvlUe are down.
We hope to begin the operation of oars between Indianapolis and
Tipton very early In October. The work north or Tipton Is being
pushed. We hope to be operating oars to Kokomo early in November.
Work on the bridges over the Watiash River at Logansport and Peru
will be riegoD wltnln a few days. The material for the entire work is
on the ground, ^e hope to be operating cars from Indianapolis to
LoKaoHport and Pern both by Christmas. It Is absolutely impossible
to fix a speeldo date upon which the couHtruotlon of 110 miles of railroad will be finished and put In operation. The cars will be the
handsomest and most substantial yet put In service on any laterurban
road. Thee are designed on the lines of the Pullman Company's oars.
John Cushman.
Battle Creek (Mich.) Gas Co.—JVew S^ocA;,— The authorized capital stock has been increased from $100,000 to $200,000;
—V. 77. p. 90.
Yirglula Paasenger & Power Co.— Richmond Strike Ends.
The street railway strike in Richmoad was formally declared off on Aug. 24. The strike resulted in tne loss of two
lives and, according to a newspaper estimate, cost the
—
company $125,000, the strikers $50,000, the State $75,000 and
the city for special police, &c., $5,000. Such estimates, it
will be remembered, are usually much too high.— V. 76,
p. 655.
Yonogratown-Sharon Railwaj
&
&
in that city for $42,000.— V. 77, p. 351.
American Oxalic Acid Co. Mortgage. This Maine corporation, with plant at Salem, N. H,, has made a mortgage
to the Federal Trust Co., of Boston, as trustee, to secure an
These
issue of $100,000 8 per cent first mortgage gold bonds.
bonds are for $')00 each, dated July 1, 1903, and due July 1,
1913, but are subject to call at any time at par and interEdward Moll is President and Sigmond Saxe Treasurer.
est.
Office, room 605, No. 185 Summer St., Boston, Mass.
Toledo (0.) Railway H Terminal Co.— Construction,— The
completion of the lower river bridge finishes the ooamany's
line encircling the city except for a small amount of ballasting.
The Cherry St. extension has been laid as far as Elm
St., and is expected to be completed about as soon as the
Cherry St. depot is ready for occupancy.— V. 75, p. 1855.
Toledo St. Lonis & Western RR.—New Directors.— Elwin
Hawley and H. E. Huntington have been elected directors
of the company.— V. 76, p. 655.
Union Traction Co. of Indiana.— (7jn«<ruc<to».— President
George F. McCuUoch is quoted as follows:
We do not care to make any statement as to the exact day oars will
be operated on the Indianapolis Northern line. The distance from
Broad Bipple to Tipton is 32 miles. About 16 miles of this track has
already been laid. The bridges are In coarse of constractlon. Sab-
town Consolidated Gas
below.— V. 76, p. 104.
company
Light Co.— See Youngs-
Electric Co. under " Industrials"
I
No bonds
$19^,000 is now outstanding; par of shares $100.
outstanding. President, E. Henning; Sec, S. L. Frazer;
Treas. and Gen. Man., D. Henning Frazer.
Bay Cities Water Co., California, —P»*oposttion to City of
Oakland, Cat. —Ttiis company has offered to establish and
sell to the oity for $3 750,000 a reservoir for the storage of
8,500,000,000 gallons of water, with water rights capable of
yielding that amount of water annuiUyandan adequate pipe
line to the southerly limits of Oakland, and at that ooint a
pumping plant, with pipe lines to reservoir. Mayor Olney
favors the company's proposition provided that th-i title to
its water supply is good, and that the company puts up a
million dollar indemnity bond. It is not thought likely that
the Contra Costa Water Co. will take any notice of the city's
offer to purchase a portion of its plant.— V. 76, p. 920.
:
AVQVST
THE CHRONICLE.
39, 1903.]
Bay State Has Co.— Certificates in Litigation.— The committee consisting of Titus Sheard, C. S. Drummond and W.
J, Arkell, annonnces that it will not accept the deposit of
the stock certifioatea, which are now the subject of litigation
between the receiver and J. Edward Addicka. (Compare
V. 77, p. 402). A bid of }i for 5,000 eharea was made on the
cnrb this week subject to the stipulation that the certificates
mu=t be dated not later than April 39, 1908.— V. 77, p. 403.
Boarne Mills, fall RlTer.— iVeuj Stock.— The shareholders
voted Aug. 17 to increase the capital stock from |4(10,000
to $1 ,000,000. The 6,000 additional common shares are offered
pro rata to stockholders of record Aug. 30 at par, subscriptions being payable 88)3 p. c. on Sept. 16, 1903, and the remainder
—
Sept. 30, 1903.
The oorpor»tlon doubled Its capacity a few years tkgo and leaned
$400,000 of 6 p 0. debentare bonds, due In 1910, but euhjeot to call In
1905. It DOW liaa 87.176 spindles and 2,800 looms. The dividends
paid have aRKregated 231 per cent In 18 years, or an averasre of las*
per annam. The dividend rate for some time past has been 1 per
monthly. The product Is satlnes and plain goods of medium
oonnts The President Is Stephen A. Jenks; Secretary and Treasurer,
George A. Ohaoe.
p. c.
o«iit
Buffalo & Sasqnehanna Iroa Co.—Sto^us—See item under
News " on page 455. V. 76, p. 596.
Chicago Pnenmatic Tool Co.— Reported Purchate of Stock.
A circumstantial report has been current this waek to the
effect that, through the purchase of stock of Max Pam, and a
few of his friends, Charles M. Schwab has become the largest
shareholder in the company, and with I. T. Matthiesen is in
control. An cffioial statement regarding the transaction will,
V. 76, p. 1145.
it is said, be iesned next week.
Cincinnati Telephone Co.— Increase of Stock. This company has filed at Columbus, O., a certificate of increase of
capital stock from $50,000 to $1,000,000. Par value of share?,
$100.
R. C. McCracken Jr. is President and Robert W,
Seebaam, Secretary. The company has not as yet obtained
—
" Miscellaneous
—
—
—
a franchise.
453
Various guesses have been made as to the probable
exchange of old for new shares, one for Instance
being that the present preferred shveholdera will reciive 53
p. c. in new common and the present common shareholders
capital.
basis of
0. in new common, but, as already stated, the details of
the plan have not yet been definitely fixed.— V. 77, p. 851, 868.
Contra Coata Water Co.— 0/^er of Rival Company.— See
Bay Cities Water Co. above.— V. 76, p, 1303.
16 p.
William Cramp & iSons Ship & Engine Bnlldin; Co.—
Engraved Certtflcates Readij,— The holders of temporary
voting trustees' certificates can now exchange them for the
regular engraved voting trustees' certificates of stock of the
at the office ot Drexel <& Co. in Philadelphia. The
5 per cent collateral trust notes, aggregating ,$5,000,000, have
also been delivered to subscribers, who, it is stated, get them
at 90, with a bonus of 30 p. c. in stock trust certificates.— V.
company
76, p. 1410.
Cnmberland Coal & Coke Co.— Mortgage.— This company
has mortgaged its property in Fentriss and adjoining connties, Tenn., to the Mississippi Valley Trust Co. of St. Louis,
as trustee, to secure $1,300,000 bonds, viz. $300,000 prior lien
bonds and $1,000,000 second lien bonds, of which $300,000 reserved to retire prior lien bonds. Further facts follow:
The bonds are all 6p c. sinking fund gold bonds of $1,000 each,
dated April 1, 1903. and due April 1, 1918. but subject to (^all at any
interest date (March 1 and Sept. 1) at par and interest. Sinking fund
from proceeds of sulea or leases of lands, ties and timber will be applied ttrnt to redemption of prior lien, then of second lien bonds. The
mortgage covers 200,000 acres of coal and timber lands In Cumberland,
Fentress. Van Buren, Bledsoe. Overton, White and Morgan countieB,
enn Capital stock, all outstanding, $2,000,008, in $ 00 shares. The
:
1
'
reorganization has been oorapleted, the old mortgage of Sept. 15,
1899, retired, receiver discharged, and new securities issued. The
company was Incorporated in New Jersey In .lane, 1899. President la
K. A. Paulhaber; Secretary and Treasurer, Henry Semple Ames. Office, Homestead Balldlng, Nashville, Tenn.
The Cumberland Company also owns 40 per cent of the
stock of the North American Coal
Coke Co. (see below),
and this stock is covered by the mortgage for $1,800,000 to
the Mississippi Valley Trust Co.— V. 75, p. 983.
&
Compatin^^ Scale Co. of America (Dayton, 0.)—Status.—
A block of this company's 20-year collateral trust first mort
DedhamA Hyde Park (Mass.) Bag & Electric Light Co.—
gage coupon gold bonds was offered some time since by the
American Industrials Co., 35 Broad St. The bonds are dated New Stock.— The Maesachusetts Gas & Electric Light ComOct. 25, 1901 and mature Oct. 35, 1921; interest payable mission has authorized the issue of 800 shares of new stock
April Ist and Oct. Ist at Knickerbocker Trust Co., the at par ($50) to pay floating debt and cost of extension in
mortgage trustee, New York City. Denomination of bonds, Readville. This increases the stock to $130,000. There are
$800 and $1,000. The interest has always been promptly paid also outstanding first mortgage 5s due April 1, 1918. V. 69,
and the enterprise is reported in a flourishing condition, A p. 1195.
circular issued in connection with the offering says in part:
Deerlntr Harvester Co.— See International Harvester Co.
Authorized capitalization: bonds, $600,000; 7 p. c. cumulative pre- below.—V. 75, p. 344, 293.
ferred stock, 81,500,000; common stork, $2,000,000. Present Issue:
Dominion Iron & Steel Co. Committee Managing.—Dibonds, $557,000; preferred stock, $1,189,000; common stock, $1,435,000. Registrar and transfer agents. Keglatrar & Transfer Co.. Jerssy rectors William McMaster of Montreal, Frederic Nichols of
Olty N. J. Constituent companies: Oomputtng Scale Co., Dajton, O.; Toronto and W. B, Ross of Halifax have been appointed a
Moneywelght Scale Co., Chicago, III.; W. P. Stlmpson Co., Elkhart, Ind.; committee to manage the affairs of this company and the
Stlmpson Compnilng Scale Co.. Detroit, Mich.; Computing Scale Co. of
Canada, Ltd. ;^The capital stock of the first-named of these oonstltn- Dominion Coal Co. pending the negotiations for a re-adjustent companies Is $160,000; of the others $100,000.— Ed.]
ment of the existing operating agreement. V, 77, p. 403, 353.
The manufacturing and sale of oompatlng scales, beginning about
E. I. Dapont de Nemoars Powder Co.— Basts of Mergereleven years ago, has developed rapidly and, being protected by
patents. Its prosperity Is assured. The rapidity and accuracy of these
The basis on which the control of the various powder com"
machines In computing the money value of purchases make them a panics is to be taken over are stated to be aa follows
Pre"
neeebSlty to all retailers of goods sold by weight The new company
f erred 5 per cent stock for net assets (assets less liabilities),
—
—
—
:
purchased the entire capital stock of each of the constituent comSanles. all of which has been deposited with the Knickerbocker Trust
o. to secure the bonds.
The net tangible assets of the oonstlluent
companies are largely in excess of the issue of bonds, without placing
value upon the patents, trade-marku and goodwill, all of which
any
are of great valne. The active management Inolades all the men who
BO sncceasfally developed the business. As a sinking fund the company Is rtqalred to pay to the Knickerbocker Trust Co. $20,u00
annually for the purchase of thelbonds at not exceeding 105 p. c. and
Interest; or after Oct. 1, 1906, If anparohaeable, todrawthem by lot at
•aid maximum price. Treasury securities: bouds, $43,0U0; preferred
Btook. $311,000; common stock, $515,000. It Is the Intention not to
issue these secnrlties except for the acquisition of other properties.
The net earnings of the constituent companies for the year ending
Oct. 1, 1902, aggregated $212,161. The sales of scales for the first five
months of this business year were at the rate of an increase of over
f'O p. o. over the same five months of last year.
The fixed charges are
$136,650, viz 6 p. 0. interest on $557,000 of bonds. $33,420; sinking
tund, $20,000; 7 p. o on $1,189,000 pref. stock. $83,230. The officers
expect that a sufficient surplus will be aoonmulated by 1904 to justify
the beginning of regular dividends at the rate of at least 6 p. 0. per
annum on the common %tock. On Deo. 1, 1902, the company began
paying quarterly dividends, at the rate of 7 p. o. per annam. on the
preferred stock, appropriating a full year's dividend for that purpose.
The dividends are payable December 1st, Maroh 1st, Jane 1st and
September Ist of each year.
:
The
directors, excepting that Nicholas Lenssen, of Engle-
N J., and Edwin H. Spear, of New York, have succeeded Geo. B. Hanford and Samuel B. Liwrence, are as
given in V, 73, p. 1013, 1210.
Consolidated Lake Saperlor Co.— Plan Fails— New Plan—
Assfssment. —The bond-issue plan (V, 77, p. 91, 149) has been
abandoned, the subscriptions for the $13,500,000 bonds
offered to the shareholders at 60 having aggregated only between $3,000,000 and $4,000,000. A new plan is therefore
being prepared, Edward J. Barwind of Pniladelphia and
Alvin W. Krech, President of the Equitable Trust Co. of
this city, actively co-operatiag in arraoging its terms, which
are as yet in the formative stage.
It is understood that the property will be sold to a new
company, possibly entitled the Lake Superior Co., with
capital stock probably not exceeding $40,000,000, contrasting
with the $102,000,000 (28>^ millions preferred) of the existing
company.
The shareholders of the Consolidated Lake
Superior will, ic is reported, be allowed to exchange their
shares for stock in the new company only on payment of an
assessment of $3 per share (8 per cent), which, when underwritten by a syndicate, would yield about $8,6i)0,u00 for the
payment of the Speyer loans ($5,050,0j0) and for working
wood,
common stock on a 12^4% basis of net earning power,
dividend on preferred stock. The California Vigorite Co,
having increased its net assets by calling an assessment of $1
a share, it is stated, will receive for its 50,000 shares of $10
each $5 in preferred stock and probably from $3 to $4 in
common stock.
Thirty thousand shares of Vigorite
stock are reported to have been deposited with the DonohoeKelly Banking Co. of San Francisco under the agreement
with Mr. Dapont.
Oncers.- The election of the following officers and diand
less
rectors is
announced
President, T. O. Dupont; Vice-Presidents, Alfred I. Dupont; Francis
I. Dapont. Victor Dupont Jr., J. A. Haskell, head of the Laflln & Rand
Powder Co. (capital, $1,000,000), which was organized under New
York laws In 1869; A. J. Moxham and H. M. Barkagole Treasurer,
P. S. Dapont; Seoretarv. Alexis Dapont.
Directors: T. C. Dapont. P. 8. Dupont, Alexis I. Dupont, E.Dipont
2d. A. J. Dupont, Victor Dapont, Francis I. Dapont, J. H. B. Beilly,
A. J. Moxham and J. A. Haskell.— V. 76, p. 1251.
;
Edison Electric Illaminating Co.ofAltoona, Pa.— Ca/Zed
first mortgage bonds, dated July 1, 1895,
have been called for payment at 105 and interest on or before
Bonds.— Eighteen
Bank of Altoona. W. C. Qerst,
Capital stock at last accounts, $800,000.— V,
Sept. 30 at the First National
is
Treasurer.
71, p. 344.
Equitable Gas Light Co., San Francisco.— Pwrc/iase ComThe purchase of this company's entire capital stock
for the San Francisco Gas and Electric Co. was completed
on Aug. 17 by payment, through certified check for $600,000,
of the remainder of the contract price. The shareholders of
the Equitable were to vote Aug. 21, 1903, upon selling the
property to the S. F. Gt. & E. Co. Compare V. 77, p. 91.
Hadson River Water Power Co.— Completion of Spier
Falls Dam, The great dam at Spier Falls was completed on
Aug. 20. The delivery of power from the plant will begin
shortly, three of the ten large generators planned for being
pleted.
—
—
already in place. The reservoir, now full, is nearly 5 miles
long with average width of nearly a third of a mile; maximum depth 135 feet. On Sept. 17 the company expects to
begin sending electricity to the Schenectady works of the
General Elactric Co., under contract No. 3, the transmission
of power from Meohanicville to Schenectady under contract
No. 1 having begun April 18, 1902. The Hadson Valley
Railway, operating between Lake Qdorge and Troy, it is
;
:
THE OHXONICLE.
454
stated hag praotioall7 closed with the Power Company for
3,000 horse power to be delivered at its Glens Falls station, the
atf'am plant to be closed except for an emergency station.
(Compare V. 75, p. 137; V. 76, p. 161.)— V. 78, p. 161.
Illinois Telephone & Telegraph Co., Chicago.— iVeio Oeneral Manager. H. H. Robinson, General Manager of the
United States Telephone Co.. has resigned to become GenTelegraph Co.
eral Manager of the Illinois Telephone
Plant, The company's switch-board will be entirely auto
matic. Mr Robinson is qnotei as saying:
A year ago I was probably tbe strongest opponent of the automatic
system of t«ilephony In the ooantry, not beo4u«« [ doabtrtd the mechanical pprfeotlon of the d«vtoe, bus beoauiie [ did not brtlleve that
the public woald approve of it. With the oompletioa of the exchange
at Dayton, Ohio, however, t have been forced lo ohant^e my views. I
made a tboroai;h inve<«tii{atiou of the entire eyBtem, and hs a result of
what I saw I aoot<pteit my new position with the Illluola Telephone A
Telegraph Co. Surely that is the beat evidence of the fact that I was
mistaken. I really be'ieve that another ten years will see the last of
the maniml switchboard In all of the large exchanges. It Is derided
by the manufacturer of the manual boards, but even the Western
Glfctrlo, an American Bell concern. Is working on an automatic t^ystem and has been for several years.
Telegraph
See also Inter-State Independent Telephone
—
&
—
&
Co. below.— V. 77,
p. 199.
Indianola Heatingr & Ligbtingr Co., Colambas, O.-Fran
chite.— The city of Colnmbns has granted this company a 25year franchise for the furnishing of electricity, steam and
hot water. The rates for electricity are limited to 10 cents per
1,000 watts for lighting and 8 cents for power. The "Ohio
State Journal" of Aug. 17 contains the ordinance in full. The
oompany was incorporated in West Virginia last November,
the organizers being William H. Sharp, A. S. Green. J. K.
Henry, J. E. McCarty and George H. Bulford. The property
of the Indianola Land & Power Co. was taken over. The
laying of mains for the heating plant began last spring and
preparations were begun for the construction of a 1,000horse- power plant on King Ave.
International Harrester Co.— Pjtrc^iase.—The company,
reported, has purchased all the Mesabi ore properties of
the Deering Harvester Co. (see V. 75, p. 293), The "Eagineerlng & Mining Journal" says
The Aanew mine at Hibbing (a 25o. lease) has now In sight over
it is
:
6.000,000 tons of ore, half Beasempr, and running about 61 per cent
The
It la an undergroand mine and li shipping steadily.
Hawkins (a 20o. lease), in Section 81 and 31, T. 57, R. 22, has some
10.000,000 tons of about 56 per cent ore, largely non-Bessemer. It Is
being stripped for miilini^an't aconalderable ionna>!els being shipped
though not so much as wa* expected. For th-iae two properties and
some small explorations at Crystal Falls, together with the only mine
vet opened in the Baraboo, Wis., range, the International Oo. pays
$3,500,000 la cash or Its equivalent.— V. 77, p. 254.
Iron.
,
Internutlontil Steam Pnmp Co.— See United States
below.— V. 77, p, 145.
Pump
& Supply Co.
Inter-State Independent Telephone
—
— Burton
& Telegraph
Co. of
General Eastern Agent of
the company, Hartford, Conn,, has been offaring a block of
this company's authorized issue of |59,000,000 first mortgage
5 per cent gold bonds of $1,000 each, at par and interest
mortgage trustee, American Trust & Savings Bank, Chicago.
A circular issued several months ago says
The company now operates about 8,000 telephones. Its line? cover
InK towns, cities and farming commnnitles throughout Illinois and its
Illinoia.
•Sfaitia.
HilJs,
:
truck
liver, ei
tending to
St.
Lonis and into Iowa. Indiana, Wleoonsln
and Minnesota, with connections
to far points in all directions
and
to
be connected July 1 into Chicago with the conduit system of the
Wheeler synfiloate (20 ra'les of conduit 7 to 14 feet diameter now flnInhed),
which under the name of
Illinois
Telephone
Ci). is
now pushing
the work of installiog 100,000 telephones in Chicago. Ihe ktoss
earnings for the year 1901 were $32,025; net, $18,687; for 1902,
S101,220; net, 853.960; tor three months ending ivlaroh 3'. 190^,
gross, $35,424; net. .$2 1,908. Capital stock outstanding. $676,000
President, Senator H. H Evans. Aurora, III.; Vlce-PresliJent, Frank
Tracey, dpringfleld. 111.; Treasurer, A. B. Oonklln, Aurora.— V. 74,
p. 940.
W
National Car Line Co.— CorwoZidafton,— This company,
with nominal ($100, COO) capital stock, was formed in
Chicago on Aug, 12 by consolidation of the refrigerator car
lines of theHimmotd Ri-frigerator Co., the Anglo-Ameiican
Refrigerator Co., the Kansas City Refrigerator Co
the
Omaha Packing Co. and the St. LoU'S Dressed Beef & Pro,
vision Co. The cflaoers are
President, J. P. Lyman; VlcePreeldent, 8. A. McClean; Secretary and Treasurer, J. D,
Standish. The lines referred to were owned by the National
Packing Co., and as a matter of economy and convenience
in operation the National Car Line Co. was orgaoized to do
thebueinees of the several companies wnich will be dissolved.
The stock of said National Car Line Co. is principally
:
owned by
the National Packing Co.
the Rooktry Building at Chicago.
The main
office is in
National Novelty Corporation.— Jfor/srafifP.— A mortgage
has betn filed to the North American Trust Co. of this city,
as trustee, to secure |l,8f-0,000 first mortgage 6 per cent 30year sinking fund gold bonds dated August 21, 1903, and due
in 1933, but subject to call, in whole or in part, after three
year?, at 110; interest payable January and July; denomination, |5C0.— V. 77, p. 403.
National Packlnj Crt.—C'»n9ohViaiion or Oar Line*.— Sae
National C^r Line a'jove. — V. 76, p. 1353.
NeiT Century Light k Power Co , Colorado.— iVew? Enterprise.— Thia Colorado corporation has Increased Its authorized capital stock from .$100,000 to $4,000,00'). The company
planning to build In Grand C.unty, Col a large powtr
plant. Including dam across the Grand River near Hot Sulphur Springs, President is B. G. Munn and Secretary is R.
L. Parker.
la
,
[Vol.
LXXVII.
New York & flobokeu Ferry Co.— See Delaware
& Western RR.— V. 76, p. 923.
Lacka-
wanna
Norcross Brothers' Co.— Plan Approved,— The reorganization plan having been accepted by ail, or substantially all, of
the creditors, Judge Brown, in the United States Circuit
Court at Boston on Aug. 27, authorized the transfer of the
assets to the Reorganization Committee.
Insurance for ^=500,000 on the life of Orlando W. Norcross
(age about 64) will, it is said, form part of the security for
Compare V. 77, p. 899, 403.
North American Coal & Coke Co.— Sf a f us.— This company
owns about 60,000 acres of coal and timber lands in Cumberland County, Tenn. The authorized capital stock is $2,000,the proposed bond issue.
which $1,000,000
is 7 p. c. cumulative preferred; out$500,000 cf each class; par of shares, $100. No
bonded debt. Forty per cent of the stock is owned by the
Cumberland Coal
Coke Co.. which see above. The President is Eugene D. Hawking, New York; Secretary and Treasurer, E. A. Faulhaber, Nashville, Tenn.
000, of
standing.
&
Penn Gas Coal Co.— New Stock.— The shareholders will
meet at the cffice in the Empire Building, Pittsburgh, Pa.,
on Sept, 12, 1903, for the purpose of voting on an increase in
the capital stock from $1,500,000 to $2,000,000, W. H, McClelland
is
Secretary.
Penngylvania Furnace Co.— Ab Sale.— The "Boston News
Bureau" says
The negotiations looking to a sale of the property for $325,000 have
The property Is closed down and there Is In the
treasury between $40,000 and $50,000, and no deb; s. A director -states
fallen throuuh.
were the siockholders to contribute $250,000 for working capital,
the furnaces could be made to yield substantial net profits at the prescnt market price of pig iron. The New England people who bought a
third interest in the company for $550,000 were tod that the plant
could make pig Iron for $7 per ton. The oost was later found to be
about $18 per ton. The oompiny Is simply waiting for a bidder.— V.
that,
75, p. 80.
Plttsfleld (Mass.) Electric Co.— New Stock.—The Massachusetts Gas Commission has been requested to approve an
Increase of the capital stock from $100,U00 to $150,000, to provide for Improvements. Dividends have been paid annually
on Sept. 1 as follows: 1892 94, $5,000; 1895-97, |6.000; 1898 99,
$7,000; 1900-03, $8,000; Sept. 1, 1903 (to be paid), $8,000 (8
Par of shares, $100. There are $100,000 of 4^ p. c.
p. c).
bonds outstanding, dated May 1, 1899, and due May 1, 1909.
President, Alexander Kennedy; Secretary, William L. Adam;
Treasurer, William A. Whittlesey.
Pope Mannfactaring Co.— New Certificates Ready.— See
American Bicycle Co. above. —V. 77, p. 352, 160.
Pnget Sound Power Co.— Ouaranteed Fonda.- This company's mortgage to the Old Colony Trust Co., as trustee,
secures an Issue of 5 p. c. 30-year first mortgage gold bonds,
dated June 1, 1903, and due June 1, 1933, but subject to call
as an entire issue on any coupon day and to meet linking
fund requirements, at 110 and interest. Authorized issue,
$4,000,000; issued on execution of mortgage, $3,000,000; reserved for future additions, improvements, etc., $1,000,000;
interest payable June Ist and Dec. 1st at (ffice of trustee.
Sinking fund commencing March 1, 1906, of 1 p. c. per annum
The guaranty endorsed on the
of amount of bonds certified.
bonds follows:
For value received, the Seattle Electric Co., a corporation organized
under the lawr* of the state of Washington, hereby guarantees to the
holder for the time being of the within bond payment of the ptinclpal
of the withic bond and of all Interet^t thereon, and payment of the
annual amount to the trustee, commencing with March 1, 1906, In
said bond mentioned; and tbe Seattle Electric Co. further covenants
with the holder for the time being of the within bond that In case It
ehall make any inortgage upon its property In addition to the one now
existing, that tbe holder of the within bond may surrender the same
to the oompikny, and receive in exchange therefor a bond of like
amount seourea by such new mortgage, and for this purpose bonds
scoured by such new mortgage to the amount of $4,000,000 face value
shall be held In escrow by the trustee under such new mortgage only
to be certified and delivered by the trustee from time to time In exchange for the bonds of which the within bond la one.
Capital stock authorized $3,000,000;
V. 77, p. 254.
istned, $1,000,000.—
Pallman Company.— 2ittmor«. — The marked advance
in
the price of the company's shares has been cononrrent with
rumors of an approaching extra dividend in stockr or cash.
These rumors began as far back as 1899 (see V. 68, p. 198),
when we were officially informed that as the company had
shortly before divided its surplus, there were no further
"melons" to cut.
On July 31, 1899, the total surplus amounted to $3,792,183;
it has since been increased from current revenue to $10,778 030 on July 31, 190:;i, and to probably at least $13,000,000
at ihe present time.
lu Oct., 1898, the Supreme Court of Illinois decided that the
company had no right to hold real estate other than as required for its works (V. 67, p. 957). The company was ordered
to dispose of its outside holdings, valued at some milHons of
dollars, but what progress has been made or steps taken in
that direction are not definitely known, though it was recently rumored that a sale including. It was claimed, 4,000
On the other hand, officials of
city lots) had been effected.
the company are quoted as stating that the Western lines
need more Pullman oars and that the company will probably
ficd it necessary in a short time to increase its supply of rolling stock by from 25 to 40 p. c. The time within which the
real ettate was to be disposed of, as ordered by the Court,
it is understood, expired or will expire this year.— V. 75,
p. 905.
J
August
THE CHRONICLE.
29, 1903.]
Republic Iron
&
Steel
Co.— Capacity.— In connection with
the semi-annnal report, which was cited Aug. 15, ia given a
summary of the company's properties, from which the following is taken:
Orb Fropebties.
Northern—
Cambria and
Tons.
.
Llflle
ore mines (Marquette
Total tons.
"1
1
Tliwge)
I
Franklin Group, Pettlt 1
and Kinney mines
Ujiiesabe Range).. ^0.000,000
Mahoning;'
and Union mines
Int. In Antolne mine (Menominee Rwge)
Term contracts for Bessemer ores
Bouthern Properties -26,000 acres Bed and
Interest In
—
. .
Brown
I
V
90,000 000
|
70,000,000
He win remain a
director and probably. President Roberts
will be elected a member of the finance committee.
Rumors of dissensions are denied.— V. 77, p. 352, 255.
J
SHj-s,
Coal Propertikb.
HoTtliern—
Oonnellsv.oolrtngooalprop'i's.. 14,000,000
i ^ ^'^|> "«"
Pltteb. steam coal property... ..12,50t),000
Soutiieni ooal properties
'.
?
^
i
^a soo ooo
^^.ovv.wu
76,500,000
50,000,000
BoLLiNo Mills.
Annual
capacity, tons.
800,000
60.000—860,000
Northern
Sontliern-Alabanaa
& Birmingham rolUng mills
Blast Furnace Pbopertibs.
Northern— 4 furnaces In Mahon'g & Shenango vals.. 370,000
230,000—600,000
Soathtrn-3 Pioneer furnaces
Stebl Plants.
Northern— Bessemer steel plant at Youngstown, O.. 400,000
35,000-435,000
Southern— Open-hearth steel plant
The Southern properties are all in the Birmingham district,
Alabama.— V. 77, p. 348, 353.
St.
Cloud (Minn.) Water Works Co.—Foreclosure.— A de-
cree has been entered in the United States Court at Fergus
Falls, Minn., ordering the foreclosure sale of this property
under first mortgage of $130,000, of which the Industrial
Trust Co. of Providence, R. I., is trustee. The last coupon
paid was that of Jan. 1, 1901.
- San Francisco Gas & Electric Co.— Option Cloa;d.—See
Equitable Gas Light Co. above.— V. 77, p. 404, 254.
—
Seacoast Canning Co.— First Dividend, A. semi-annual
dividend of 8 per cent will be paid Sept. 1, 1903, to preferred
stockholders of record Aug, 25.—V. 76, p. 977.
Seattle (Wash.) Iron
&
Co.— Bond O^eringr.— The
Steel
company
is offering its first mortgage 6 p. c. gold bonds at
95 per cent of their face value, a bonus of 100 p. c. to be
given with each bond; denominations of bonds, $100, &c.
The company proposes to establish a great iron and steel
plant at Seattle. James D. Hoge Jr. is Treasurer. Offices,
634 635 Lumber Exchange, Seattle.
—
Silver Spring Company.— Sfoius. This company was re
cently organized under New Jersey laws with $500,000 stock,
The property
all owned by the United States Finishing Co.
Dyeing Co., bleachers,
of the Silver Spring Bleaching
dyers and printers of cotton-piece goods, whose plant at
Providence, R. I,, had a capacity of 150,000 pieces per month,
was bought for $1,100,000, includiug real estate, buildings,
machinery and all personal property except book accounts
and cash. The purchasers paid down $100,000; assumed existing mortgage due Oct. 1, 1910, $500,000, and gave $500,000
new short-term gold bonds, series A, secured by mortgage to
the Industrial Trust Co., Providence, as trustee, and guaranteed by the U. S, Finishing Co. The bonds issued or issuable under the new mortgage are described as follows:
Bated Aug. 10. 1903; subject to call at any Interest Idate at par and
Interest: denomination. $i.,000. Amount ontstandini; at one time
limited to Si.COO.OOO, viz.: Scries A— $500,000 6 p. 0. bonds, payable
at various dates from Dec. 31, 1903, to Jan. 15, 1908; interest payable Nov. 1 and May 1. Series B -$500,000 5 p. o. bonds, payable
Aug. 1, 1918; interest payable Pab. 1 and Aug. 1 (reaerved to take up
ouistanding bonds of the Stiver Spring Bleaching (& Dyeing Co.), and
Series C— $500,000 5 p. o. bonds, payable Aug. 1, 1918; Interest payable Feb. 1 acd Aug. 1. Issuable only after all bonds of series A are redeemed and canceled.
J. H. Wright is President; J. Hunt Smith, Treae.; Albert
S. Bard, Secretary.
Main office, 820 Broadway, New York,
&
Union Electric Light & Power
Co., St.
—
Louis.- Consoli-
dation of Controlled Companies. The stockholders of the
Missouri Edison Electric Light Co. and the Union Electric
Light Co. will vote on Sept. 9 on consolidating the two companies.— V. 77, p. 302, 40.
Enion Ferry Co., New York.— Part Payment.—The company has paid to the city $50,000 on account, pending a settlement of the dispute touching the terms on which its franchise, which expired in May 1, 1901, should be extended.
Djok Commissioner Hawkes contends that the company is
liable to the city for 7^ percent of the gross annual receipts,
in accordance with the terms of the old franchise and from
its expiration.
In November, 1902, the D:ck
Commiseioner claimed that the company owed the city
the date of
$76,003.
The
city's suit against the
this fall.— V. 73, p. 1064.
In the meantime an agreement as to the sale of box-board
has been reached between the company and several of its
strongest competitors, and similar arrangements are pending
with other independent mills.
liew Treasurer.— State Senator Stephen B. Fleming of Indiana has been elected Treasurer to succeed Eagene M. Ashley, who resigned "because of the pressure of other business
interests." Mr. Aahley is quoted as saying :
I am still the largest Individual stockholder and Intend to remain
Idenilfled with the oonipany. I accepted the ollloe on the understanding that I should remain Treasurer only till the company was in
working order. It is now possible for me to be relieved, and so I have
resigned.
J
ores
456
company
is
expected to
come up
United Box-board & Paper Co.— Further Consolidation
Conteviplated.—Ch&ileB R. Flint, who is seeking to perfect
the control of the box- board output, is quoted as saying
It Is our intention to combine only the most profitable of the independent concerns. The plan is far-reaching and includes the virtual
coneolideitlon of independents with the United Box-board and Paper
Co., which win control about 90 per cent of the entlra output. Those
companies not workinir on a paying baals will not be Included in the
merger negotiations. The name and capitalization of the new concern
have not been decided upon.
:
United Copper Co. of Montana.— O'ifpwi.— The following
has been officially confirmed for the Chronicle:
The company's production for the first half of 1903 was 12,600,000
pounds of refined copper, or at the rate of 25.000,000 pounds per annnm. Since Aug. 1 the output has been Increasing, and the officials
expect that the total for the year will amount to fully 30,000,000
iiounds, as last year. The capacity of the concentrating plant at
Basin is being enlarged from 1,000 tons dally to 1,600 tons (dally),
but the work will not be fully completed before Sept. 1. The production for October, it is predicted, will be 4,000.000 pounds, or at the
rate of 48,000.000 pounds annually. The Mlunie Healy Mine is turning out 1 ,000 tons of ore dally and is employing 400 men. All the refined copper which the company can turn out can, it is claimed, be
sold at 18S|i cents.— V. 76, p. 927.
United Lead Co.— Merger,— The United Lead Co. was
organized several months ago with the intention of merging
the entire lead manufacturing business of the United States,
including the National Lead Co. That project tell through,
but the new company will soon begin operations, having
acquired the following lead manufacturing plants.
Chadwlok Co. of Boston, the Markel Lead Co. of St. Louis, American
Shot & Lead Co. and Raymond Lead Co of Chicago, Union Lead & OH
Price Co. of Cleveland, MoDougall Co.
Co. of Brooklyn, tbe Gibson
of Buflfilo, Howe Metal Co. of St.. Louis and Pitcher Lead Co. of JopUn. [Tatham Brothers of New York and PhiUdelphla are also expected to join in the merger .]
<fe
$12,000,000 in b3nds and $15,000,000 in comfor the con=itituent companies will be
made largely in bonds. It is said that there is an arrangement which amounts to practically a guaranty of these
bonds by interests identified with the American Smelting
Refining Co. The cash needed in financing the deal is provided by a syndicate which agrees to take up $5,000,000 in
bonds at about 80. It is believed in trade circles that the
new company will work in harmony with the other lead in(Compare V. 76, p. 1147.) -V. 77, p. 302.
terests.
The
capital
is
mon stock. Payment
&
United States Finisliing^ Co.— New Company.—The Silver
Spring Co. has been incorporated in New Jersey with $500,000 capital stock to take over the plant of the Silver Spring
Bleaching & Dyeing Co., which was recently purchased by
the United States Finishing Co. See Silver Spring Co. above
and V. 77, p. 302, 255.
Urbana (0.) Water Worlis Co.— iJeceiver. —Judge Albert
C Thompson, at Cincinnati on Aug. 20, appointed Robert W.
Kirby receiver for this company upon the petition of the C.
H. Venner Co., a large stockholder and holder also of a
confessed judgment for $10,108. It is claimed that the waterworks are being run at a loss. The City Council has refused
to pay the company anything for fire protection for four
vears on account of the alleged failure to give sufficient pressure. The company claims that about $25,000 is due from the
city.
At last account there was outstanding $100,000 stock
and $113,000 8 p. c. bonds.
Yoaogstown Consolidated (ilas & Electric Co.— Increase
of Stocle.-ThiB company, controlled by the YoungstownSharon Railway & Light Co,, has increased its capital stock
from $955,000
—As
the
to $1,055,000.-7. 71, p. 1023.
first
edition of the
pamphlet " Concerning Iron
Making" by Elisha Walker has been exhausted, Fisk &
Robinson of New York and Boston have just issued a second
new illustrations of the works of the
Buffalo
Susquehanna Iron Co. at Buffalo, N, Y. This
plant Is now nearing completion and will go into operation
within a few months. The work on the ship canal between
the property of the Baffalo
Susquehanna Iron Co. and that
of the Pennsylvania RR. Co. is being pushed forward rapidly.
Upon the completion of the plant the ore steamers will come
via this canal and unload directly at the company's wharves.
The iron ore mines of this company in the Mesabi range at
Hibbing, Minn., and in the Menominee Range at Iron Mountain, Mich., and its coal fields in the Reynoldsville Basin at
Sykesville, Pa., are being rapidly developed. The shafts are
sunk the required distances and the machinery is being assembled. Tne Iron Mountain Mine is already shipping ore.
edition with several
&
&
&
—The investment banking house of Edward M. Deane
Co., Ltd., at Grand Rapids, Mich., although but six months
old, has successfully promoted several gas-light and electric
companies, which is their specialty. The latest companies of
this class financed by this firm are the Albion Gas Light Co.,
of Albion, Mich., with $60,000 capital stock and an authorized
Fael Co.,
bond issue of $75,000, and the Alpena Gas Light
of Alpena, Mich., with $100,000 capital stock and $125,000
bonds. Mr. E. M. Deane is President of the Wagner Watchman's Clock Co., of Grand Rapids, and Secretary of the
Rapid Hook
Eye Co., of Grand Rapid^, and of the Michigan
Lime Co. of Petoskey.
&
&
,
.
THE CHRONICLE,
456
COTTON.
^Ixc Coiunxcrcial ^imjcs^
COMMERCIAL EPITOME.
Friday Niqht, August
A satisfactory condition
most
of
Friday Nioht, August
bnsiness has been experienced
lines of trade.
Business in the cotton goods trade has continued to be ad.
versely influenced, especially as regards contracting for
from the South to-night,
is given below. For the week ending
evening tne cotai receipts have reached 2,138 bales,
against 2 821 bales last week and 1,113 bales the previous
week, making the r.otal receipts since the Ist of Sept., 1902,
7,641,600 bales, against 7,653,875 bales for the same period ot
1901-2 showing id inoreftse since Sep. 1,1908. of 87,725 bales.
at—
Seceiptt
Sat.
close
was steady
at 8'50c. for refiaed for the Continent.
Speculation on lard for future delivery has been quiet, but
owing to comparatively email receipts of hogs, prices have
been well maintained. To-day the market was firmer.
Tues.
ifori.
wed.
Thurs.
Total.
FiH.
1
OalvestoD
59
21
02
162
298
12
84
213
64
IB
644
1
.
Mobile
4
271
%
Sab. Pass, &c.
New Orleane.
8
20
PeBsacola, Ac.
Sivannah
8
27
7
53
1
10
9
20
5
100
111
......
7
Brunsw'k, &c
Charleston .. ..
163
71
168
48
15
623
60
......
Pt. Royal, &c.
forward deliveries, due to the "corner" in the raw cotton
Wilmington
market. The feature of the crop news for the week has been
Waah'ton.&o.
more encouraging reports relative to prospects for the Norfolk
N'p't News, &c.
making of a good corn crop.
New York
Lard on the spot has had a limited sale, principally to ex
Boston
jwrters, and prices have advanced slightly. The close was
Baltimore
firm at 8 20c. for prime Western and 7@7'50c. for prime City. Phlladelp'a, &o
Refined lard has been held for higher prices, o^ing to the adTot. this week.
vance in values for the raw product; business has been quiet.
The
28, 1903.
The Movement op the Crop as indicated by our telegrams
this
28, 1908.
There has been a steady broadening
of the demand as reflected in the volume of new business
transacted, and there has been an increasing call from jobbers and dealers for the delivery of merchandise on ontstand
ing contracts. A more active condition of trade has been
noted in tbe iron trade, the indications being that prices have
finally settled to a basis which is cooaidered by buyers as
safe and they have been accordingly operating more freely.
in
LXXVII.
[Vol.
6
1
31
40
9
3
378
7
160
65
S07
"78
623
63
2.138
1.221
The following shows the week's total receipts, the total since
1, 1902, and the stocks to-night, compared with last year.
Sept.
1902-03.
Receipts to
Aug. 28
TMs
1901-02.
Since Sep.
1, 1902.
week.
TMs
week.
Block.
Since Sep.
1, 1901.
1903.
1902.
DAILY OLOaniO PBIOKB Of LABD VDTOBBS Uf OmOAOO.
Sat.
Septomber del'v.. 8-25
7-65
October del'y
Mon
8-221^
7-67i«
Tuei.
g-20
7 60
Wed.
8-20
7-673«
r*uf».
8*25
7-57>«
fri.
Galveston...
298 2.0^2.635
Sab.P.,<feo.
154,105
2,309,320
214,987
166,038
1,297,310
130,622
209,726
8-32i4
7-tfO
New Orleane
644
20
Pork has sold slowly in the local market and quoted prices Mobile
have been lowered to $14 75@15 26 for mess, $14 25@17 25 for P'f acola, &o.
Savannah...
short clear and |17 25@18 for family. Cut meats have been Br'wick, &o.
quiet and easier, closing at 6c. for pickled shoulders, 12^o. Charleston..
for pickled hams and 83^@103^c. for oickled bellies, 14@10 P. Royal, &o.
Beef has been firmly held, but at the close
lbs. average.
business was quiet. Mess was quoted at $8 50@9, packet at
$9 60@10 60, family at $10@11 and extra India m^ss, in tcs.,
at |13 50@16. Tallow has been firm but quiet at 4^^o.
titearines
have been quiet and sligbtly easier,
bid.
at 93^c. for lard stearine and TOTJ-^c. for oleo stearlne.
Cotton-seed oil has been quiet and steady, closing at 4l@41^e.
Butter has been steadier on speculative
for prime yellow.
buying, closing at 15@19%c. for creamery. Cheese has been
in full supply and prices nave weakened sli&;htly, closing at
8@10>^c. for State factory, full cream. Fresh eggs have
been in limited supply and firmer, closing at 21c. for best
Western.
Brazil grades of coffee have been quiet, the trade genfrappearing to be well supplied. Receipts have been
heavy, stccbs increasing, and the undertone of tbp market
has been easy, closing at 5i^c. for Rto No. 7 and 5Jq@6c. for
Santos No. 4. West India growths have been quiet and
easy, closing at 'I@7\^c. for good Cucuta. East India growths
have beld steady. Speculation in the market for contracts
has been fairly active. Liquidation by longs in the near by
deliveries has been the feature, and prices have weakened
slightly.
The close was steady. Following are the closing
ally
asked ptioee:
Angnst
Sept.......
Oct
8-800.
3-80C.
3-900.
Wnx^^.,........ 400e,
D«0..^..^..^ 4-350.
4-450.
Jan...
Feb...^....^... 4'55e
March
Mar
demand and
4-600
4-75e
prices
Raw sugars have been in fairly active
have advanced to 3^c. for centrifugal, 96-deg. test, and 3%c.
for muscovado, 89-aeg. test.
B-^tioed sugar has had a fair
call; prices have been unchanged at 5@5-15c. for granulated.
Spices have been well held. Teas have been quiet.
Kentucky tobacco has been in fairly active demand and at
firm prices. Seed-leaf tobacco has continued to receive close
attention from buyers. It is figured that one-half of the 1902
crop Connecticut Havana seed has been marketed and that
the entire production of broad leaf has been sold by first
hands. Prices have been firm. Havana tobacco has been
fairly active and firm. Sumatra tobacco has been quiet.
Spot supplies of Straits tin have increased and under freer
offerings prices have declined, closing weak at 27'4'5c. Ingot
copper has been held at higher prices, but demand has been
less active, closing at 13-75® 13 87^c. for Lake.
Leal has
been in limited spot supply and firm at 4'25c. Spelter has
been unchanged at 6c. Pigiron has been in slightly better
demand and ste-idy at $17 6<)@18 for No. 1 Northern,
Refined petroleum has been firm, closing at 8'55c. in bbls.
lOSOc. In cases and 6-65c. in bulk. Naphtha has been unchanged at 12'40c. Credit balances have been steady, closing at |1 58. Snirits turpentine has advanced, closing steady
at 57@.57J^c,
Rosins have been In fair dem-iud and firmer,
closing at |2'@2 05 for common and good strained. Wool has
been fairly active and firm, Hop-j have been sparingly
offered and prices have shown an advanciag tecdency.
53
20
111
WllmlnRton.
Wash'n, Ac.
Norfolk
N'portN.,&c
New
837
329,807
387
509.401
71
25,618
88.633
98,961
48.378
27.340
163
York...
72
623
63
Boston
Baltimore...
Philadel,&o.
2.138 7,e41.«00
Totals
28,a62 2,08ft,-278
••••
94,761
6.714 2.271,472
924 155,099
648
1,017
35.717
13,882
32,494
42
1,748
2,678
17,556
148
2,791
318
8,291
121
1,901
141,517
284
819
55,015
4,600
1,000
2.291
164,126
148.399
-
14,458 1,153,256
140,267
2,658 275,242
• ••>•
1,577
9.e02 280,680
882
459,876
487
39,822
112,348
119,972
101,164
86.175
62
102
.
-
227,504
1.198
•&
58,110 7,563,875
•«•«*«
3,300
In order that comparison may be made with other years,
we give below the totaln at leading ports for six seasons.
~~
1901.
1900.
1898.
Receipts at—
1903.
1902.
1899.
298
644
20
63
20
111
Galvcs'n, &o.
New
Orleans
Mobile
Savannab
...
Chas'ton, Ac.
Wllm'ton, &c
N. News, &c.
All others...
6,714
924
14,458
2,663
2,602
1,198
71
163
768
wk.
28,2tt2
2.138
Norfolk
Tot. this
27.737
11.409
1,338
12,233
3,722
1,692
1,738
19,198
5,287
1,108
39,495
9,728
58
1.264
3,018
21
2,193
4.962
1,845
64.8:il
32.250
6,919
5,586
882
7,031
1,126
943
487
SOT
6.033
97
569
58,110
51.818
24.961
355
3,848
952
190
1,188
Since Sept. 1 7«41.600 7r63,876 7004,465
The exports
week ending this evening reach a total
which 8,490 were to Great Britain, 598
for the
v>f
9,188 bales, of
to
France and 100
<ire
ITtik
week and since
Oreat
Brxt'n.
lialyeston
Sub. PMt, AcNew Orleani..
Mobile
Penwtoola
SsTftnnah
Brnniwlok...
Charles ton...
Port Boyal...
WUmlnirton...
Norfolk
N'port N., Ac.
New York
Boston
Baltimore
Ending Aug.
Kmnrteit
ExporU
from—
^
in
98, 1903.
—
1
lotal
Great
__,„,
nent.
Wfek.
Britain.
1
^
I'^*""
87.108
611
698
a
061,684 8e3.8''6
40.143
69.0.S9 12,488
196.941
60.664
1C6,719
Contir
nent.
88,
1903
^ ^
^"^^
,
6<1.960 i.088,446
76,781
118,880
794.811 8,112.281
66.476
104,618
68,261
144.788
753.456 9»0,96I
6.880
ll.S,679
88.523
16,560
104.088
183.703
100
187.624
324.668
18,485
14.084
41,246
11.444
8,477
100
S.842
13,787
...
066
750
18.150
160,169
17,659
212,216
4P9.044
148.489
71.636
8,183
87,009
150,622
6,000
118,540
46,877
8,490
698
100
12,67 8
1.860
2a,t98
8,0.S6
48,868
86B04
Philadelphia.
4an Fran., Ae.
Total lMOl-02.
1, 1908, to Aug.
ExporteA to-
Sept.
ContU
France
8.477
Total
From
t«j6,4W» ait8,Uw7
18
Below
the rest of the Continent.
Sept. 1, 1902.
to
the exports for the
128.85-*
lfl4.0«»8
8.U6I.4'.i8
» 684,263
»,18H a Ii4'.0f9 786 731
89.1ii7 8,04)i
126 761.171 8,846.46:4 8.688,769
.
.
August
In •daitiou totkoove exporci,oar leiegram* to-uit^oi also
give ai the following amoantt of ootton on shipboard not
cleared at the ports named. We add similar flgarei for
New York, which are prepared for our special use by Mesare.
Lambert * Rarrows. Pro<1aoe Exohanjre RnUdintr
OB 8HIFBOA.RD, HOT OLBARBD »OB—
Aug. 28 at—
Othtr OOOMtBritain ^r'net many. For'gn un$e.
(hrtat
New
570
Orleans.
Galveston.. ..
Savannah..
373
"35
12,R0ti
125
I
I
2,ti7H
I
19
I
II
II
I
II
II
«
I
148
42
«
II
2^300
2',306
4.721
10,688
17,122
372
25
2,870
9.609
6.368
9.817
7,281
1.835
8,209
232
1.261
3.082
33.210
42,062
I
I
160.627
3.499
I
115.189
195,553
Specnlation in cotton for future delivery has been more
No inoreassd trading, however, has been reported
for outside interests, the operations being principally for the
account of ball interests and buying by short to cover
Reports have been freely circulated that the
contracts.
boll-weevil and boll-worm are doing extensive damage to
the crop in Southern Texas, and prices for the new-crop
deliveries have advanced on this information assisted by
manipulation from the bull interests. Wnile it is gt^nerally
conceded in the cotton trade that the cotton crop in Southem Texas is being damaged by the boll-weevil, well informed
Interests, as a rule, state that their advices indicate tbat the
reports which have been current of extensive damage from
Osving to the lateness of the
this pest are exaggerated.
crop, only a small quantity of new-crop cotton has been
marketed during tbe past week, and it has been taken largely
by the Southern mills. It is expected, however, that the
crop movement during the coming week will show a subThe demand for actual cotton. at current
stantial increase,
prices has continued light, the purcnases made by spinners being strictly of a hand-to-mouth character, and (^xporters have continued indifferent. To-day prices showed an ad
vanciug tendency during the early trading on buying by
operators who were understood to be working in harmony
with the bull interests. Subsequently, however, under reports of favorable weather for tbe opening of the new crop
and increasing receipts of new cotton at interior points, part
of the advance was lost
Notices were issued during the day
for the delivery of 4,000 bales of cotton on August contracts.
The close was steady at a net gain in prices for the day of 1
Cotton on the spot has been quiet and unto 9 points.
changed at 12 75c. for middling uplands.
The rates on and oti middling, as established Nov. 80, 1903
hj the Be vision Committee, at which grades other than
inlddling may be delivered on contract, are as follows.
Valr ^
^^^e. 1-80 on Good Mlddll&g Tinged ..o. Evei)
BClddllBg Fair
096 on Strict Gtood Mid. Tinged.. 0-80 on
0-62 on Strict Middling Tinged..... 0-06 ofl
trlot Good Middling
0-44 on Middling Tinged
Ck>od Middling
OlS ufl
—
Low Mid. Tinged... 084 ofl
0-50 ofl
Middling Stained
Btrlet Good Ordinary
Strict Low Mid. Stained... 106 ofi
€K>Od Ordinary
1-60 00
Low Middling Stained
Onthls basis the official prices for a few of the grades fot
the past week— Aug. 22 to Aug. 28— would be as follows.
Middling
Low Middling
014
ofl
0-38
0-72
1-00
off
off
ofl
etrlot
UPLANDS.
Sat.
Good Ordinary
Mon Tnea Wed
1175
11-75 11-75 1 1 75
12-37 12-37 12-37 1237
12 75 12-76 1275 12 7'>
1^ 19 1319 16 19 13 19
13-71 13-71 13 71 13 71
Low
Middling
Middling
Good Middling
Middling Fair
GULF.
Sat.
Good Ordinary..
Mon Tuea
Mlddllni^.
Good Middling..
Middling Fair...
STAINED.
Sat.
Low Middling.
Middling
Strict Low Middling Tinged...
Good >DdillLng Tinged
Til.
Frt.
75 11-75
12'37 12 87
12 75 12-75
113 19 13 19
Il3'71 13 71
11
I
•
I
I
I
I
12 00
12-62
13 00
44
m
13'9B
12 00
12-62
13 00
13-44
13 1^6
ISon Tnes Wed. Th. Frt.
i
I
1275 12-75
SPOT BiAEKIT
Olosbd.
BfABSHT
CIX)SBD.
.inlet
12-75 12-75 12-75 12-75
.iolet... .......
. .
1&I.BB
COHTBAQi
€on-
Don-
rump
iroct
ata
.
586
586
7,087
8.19^
2,111
6,384
3,700 10,787
900 4.097
7C0 2,811
100 2 485
2,600 9,984
2.000 20.760
8.000 30.760
8'rly steady,
any steady.
steady
dk
a*-
Firm
Gaav.
OV SPOT
«ort.
<r«ady
steady
Wednesday Steady
Thursday.. .jaiot...
Friday
steady
Total
FUTUBM
1,000
1,000
l,3iJ6
IS OC
03U)
I
I
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09
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©
Thb Vibiblb bUPPLT OF UOTTOR to-nigut, SLts made ap Dj
Able and telegraph, la as follows. Foreign stocks, as well
«3 the afloat, are this week's retorns, and consequently all
CO
d
I
d
I
I
id
Id
CD
I
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d
M
©
d
M
IS
I
(
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'4
I
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'
foreign figures arre brought down to Thursday evening.
But to make the total the complete figures for to-nlghl
(Ang 28), we add the item of exports from the United Statei,
Inoludlng in it the exports of Friday only,
1902.
1901.
1903.
1900.
dMck hi Liverpool.._«balef. 244,000 436 000 396 OOO 272 000
stock at London
19 000
8 000
10 000
22,000
.......
total Ureal Brlt»ln stock. 266.0U0
45 000 404 000 282 000
41ook at Hamburg.............
20 000
19 000
34 000
18 000
ttook at Bremen .... ..........
66 000
70 000
61,000
58 000
Itook «t Amsterdam.... ......
nook at Rotterdam
Itook at Antwerp ....... .......
8.000
jtook at Havre.... .............
68 000
itmok at Marseilles.... .........
4,000
Itoek at Barcelona............
10,000
itook at Genoa....
15000
..
>took at Trieste....... ........
12,000
'
Total Continental stocks.
216 000
48^000
3000
85 000
2 000
32 000
14 000
9 000
-226 dOO
681.000
vOO
3 000
90 000
SOOO
23
10
15
229
633
26
91
000
000
000
2"0
300
000
000
000
000
000
200
3,000
73 000
3.000
33 000
14 000
6 000
208 200
490 ;^00
41 000
Amentan—
11-30 11-30 1130 11-30 11-30 11 30
12 30 12-30 1230 18-30 12 30 12-30
12 46 12-46 1246 12-46 12-46 12 46
I
Monday
nob
QD
I
CO CD
3^,000
65 000
32,000
59.000
31000
12 000
13
9,000
11,000
11,000
18,000
63
41 000
331 (JOO 3l9
Stock In Bombay, India....... 404.000
263.000
nook in United States ports., 164.126 14S,399 237,615
87 862
61.721
131 040
itoek In D- B. interior towns..
11,809
44.864
3.34S
1.335
2 73?
7043
Inlted States exports to-d»y..^
Total risible supply ......^1.180,270 1,346,468 1.546 588 1,016,959
01 the above, totals ol American and other descriptions are as lollows:
for middling upland at New York on
Aug. 23 for each of the past 33 years have been as follow s.
1903.... 0.12-75
1896....0 She
1887. ...c. 9i3i8 1879. ...0 121*
12^9
1902...... 9
1894
1886
1878
9\
e-'e
1901...... 8>«
11
1898.
1877
1885
.. ?!«
lOSiB
1900.....: 988
Ili5ie
1892..... 7>«
1884
1876
lO's
10i«
1899
6>4
14%
1875
1891....^ 8^
1883
1898
1890...„lli«
1882
5H
12i5ie 1874
]6''e
20i«
1897
8ii8
1878
1889.....11ifl
1881
12%
1896...... 8
21%
1888
1880
12
1872
10%
MARKET AND SALES.
Tuesday
Id
coco
oo
«
11
II
I
I
II
Id
«
I
I
I
II
I
WCO
00^
.
The quotations
..
I
00 00
Total European stocks....'
,ndla ootton afloat tor Europe
kmer cotton afloatf or B'rope.
•rypt.BraiiU.&caflt.for E'pe
Stock In Alexandria, Egypt...
W^ed Tb. Frl.
12-00 1200 12-00 12 00
12-62 12-63 1262 12 62
1300 1300 13-00 13 00
lvi-44 lJ-44 Id 44 13 44
3-96
13-96 13-96 18-96
lx)w Middling...
Saturday
*l
00
«C0
o
1^*.
active.
Low
o
139.217
......
Total 1903..
Itrlet
*l
121
.
Total 1901..
II
8»2
..
Total! 902..
—Highest, lowest and closing prices at New York.
Futures.
itoek.
1,074
132
100
457
^
Liawini
rouu.
Oharleston...
Mobile
Norfolk
New York...
Other ports
.
THB OHHOMCLB.
29, 1908.]
>Jverpool stock....
.bales.
X>ntlnental stocks
imerlcan afloat for Europe...
Jnlted States stock.......
Jnlted States Interior stocks,
7nlted States exports to-day.
Total American
,.
Ma$t Indian, Braail, de.—
lilverpoo 1 8tocK....M .........
uondon stock....
..............
160 000
131000
32.000
164,126
11,809
1,335
61.721
3,348
8U0.270
800,4tl8
84 000
22 000
85 000
65 000
Jontlnental stocks.... .......
India afloat tor Europe ....»
9,000
gypt, Braill, &c., afloat
11 000
Itoek
Alexandria, Egypt.,
404 000
fteok In Bombay, India......
esu.ooo
Total East India, *e..«i«
600,270
Total American...........
1,180.-170
Total risible supply..
Clddllng Upland. Liverpool..
6-86d
12*750
«lddUn«r Upland. New York.,
{
igrpt Qbod Brown, Uverpooi
f*em r. Bough Good, Liverpool
3roaeh Fine, Liverpool......
rtnnevelly Good. Liverpool...
352.000
176 000
59 000
148 349
lOBied.
9'OUd.
6d.
67ied.
294 000
164,000
91,000
237,615
131,010
189 000
178 000
31,000
87 862
44,854
2.733
7,043
9^0 3d8
637,759
88 000
84.000 102 000
10 000
19 000
8,000
6S200
30 200
50.000
41,000
26.000
S2,0U0
18 000
11,000
12 000
41000
63 000
18 000
849 000 263 000
831 000
54«,000 t26 200 479 200
800,4h8 920,3^1
537,759
1,346,468 l,646,-'88 1,016,959
5ls2<l>*C
7iii6d.
7d.
4iiied.
411i6d.
5^.S2<1
ft^so.
52332!.
S<^0.
63ied.
e^A.
'd.
77i6d'
69,6d.
68i8d.
4i732d,
41B32d.
Continental imports pist week have been 43,i»00 bales,
«hove flgares for 1903 show a decrease from last week
of 145,313 bales, a loss of 166,318 bales from L902, » decrease of
366,318 bales from 1901 and a gain of 163,311 bales over 1900.
T*^*'
.
.
1
THE OHRONICLK.
458
At the Intekiob Towns
the
—that
movement
Is
the reoeipte
week and since September 1, the ahipments for the
week and the stocks to-night, and the same items for th«
for the
—
oorrespondinK period of 1901-02
i
a
Bv->
»
"
9 irc^itH^
2
...I
3:
:
:
:
:
:
3f.-«:
12il«
:
1214
.
Memphis
w!
>-:
«»:
AO>
00
to:
:
OlM<
da
;
ana-
12»16
12ia
12
11
IS
Oiaolnnatl..
Uttle Rook.
1H«
Oi'm Xijka^bo'octo*
MO
wosmIoww
M»>'<S--II^VX<X!b3KaOeO>^OOU<M<0««Db9h'COl^'>3eOif^tO<ktoto
aDi->a^^^oW(e^o»aoMai-'«<^>4^i^<ocDae(x><oto>4Mc>^
H
^*
m: o!
00*
•
:
Qi-
o>*
Mto —
•
«okD:
coAM'
k-*
o"
ooi
;
U-'H'
Mi->
^^^^
k3
»o
oo-J-^^JmOm oooi w» tocitoi^o
^d^fkOi^a^toc^oao waB>Koa:o<OC^03
Oi-*>
'
0>->''coa
wav
a: n! oi3oei»co»ioao>ouo>>JM to! oi Oto«4coao9aoto
—
o- O" to^a>-ioa*4aDa^wCNm9CD'
00
to
^
cor»
to
to
12
11
12
11
12
11
11%
11%
11%
Enianla.
I^asbvllle
.
12%
Natchei
^^it
Louisville
I
I
New
Monda^
Aug.2i
Bat'day.
«•
Aug. 22.
W
Range.... 12-98f>
Closing... 12-9SO
-
uetday, Wed'day, Thurtd'y Friday,
25. Aug. 26. Aug. 27
Aug. 28.
Aug.
12-96 » -00 12-909-00 12-939 05 12-899-00
12-969-98 13-909 96 13 -90 9 -OS 12-909
—
SbiTber—
irS'
— •—
—
12-909
1 0-93 » -97 10-96® 19 ll'109-3fi 11-189-35 ll-10O-:30 11179 84
Closing... 10-96»-97 ll-16a>16 11-249-26 11-229 23 11-109
11-199-20
Range
m
—
OOTOBBK—
a
oia<3<OA^cocoo<<lo^>-'
aDo<cD9i — -Jtska>->K:oao«4^~JW>-'
oiaD»-^cotO"Oo«owt»j^to*> -J VI 00 to o> w^ w w w_w to ex m ta so
Oi «0"J M V nK «Vi"Viio M w o o M^a a w <iVoV o o^ w« o » X »«
^^-cDto — OiO'toccic-atoaicoc^^i.to^O'C^oiwtowi-'CD^ooaoi
xw5D^ooaoo*'-ooos-jt-'>-wcDco»jcow>-i^<j>-to
'e
12%
Oolambns.MlBB 13
August—
'.
12%
Raleigh
12'e
Montgomery... 12%
Shreveport
13»ia
ORLEANS Option Market.—The highest, lowest and
closing quotations for leading options in the New Orleans
cotton market the past week have been as follows.
H";
to; '9\
129,8
129ia
12%
13%
Columbus, Oa. 13%
CO
W,
13
13%*
11>11
r»
to
00
12-75
13
11
Atlanta
Charlotte
aap-i-'(OMaD*JOMMO>-coto^ai^ao9ao
o
a
....
NomlnaL
12%
12ifl
Attaens........
eoa'^»ON"-'M>-'eo»3aio)»
Mfcoo
12%
Nominal.
The closing quotations to-day (Friday) at other important
Southern markets T^ere as follows,
5S
to
12%
12%
Nominal.
12%
129l8
Fri.
•New.
>-•
— ewoVj'.- obi "mx'c^
Lools....
Houston
'?
I
M
OD
M
(0
^
N
a X A • -c a A M »o wot * ® ooj;-i<>.w^ 00 cj^ >- a_c qb oo w<j is.
»'!-'»
.'CO
-J
Thurt.
121%
I2i«
1214
li9ie
121^
St.
to:
WedneM.
T%ua.
1210
1288
Charleston .. 12^
1214
1214
121«
Wilmington. Nominal. Nominal Nominal. Nominal.
Norfolk
12%
12%
12»a
121s
Boston
12-75
12-75
1275
12-76
Baltimore .
13
13
13
13
Philadelphia IS
13
13
IS
i^ugnsta
13
13
13
13
rB
M
12B,
M<m,
Nominal. Nominal NomlnaL NomlnaL
Savannah.
o
o
sal
- « - -
l2ie
Mobile
»i^
«^ 6
12%
New Orleans
o
.^s
CD
Batur.
Salveeton...
2.3."-
O
3
0LO8IHO QCOTATIOIfS TOR MIDDUHO OOTTOH OM-
Week ending
Aug. 28.
§5.3
t
(^DOTATIONS FOB MiDDUNO COTTON AT OTHEB MARKETS.—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
set out in detail below.
is
SD9 2a:
fVoL. LXXVII.
9-85»-89 9-90®l.'5 10-169 95 10-1C9 30 10109-28 10-14929
Range
Closing... 9-8ti«-87 10-119-16 10-249 2S 102:39 21 10-109-11 10-22938
»->
Dbc'bbb—
Range
oaooto^oi—
9-63«-67 9-709-96 9-959-14 9-979-10 9-899-06 9-949-07
9-949-95 10-039-04 10-019 02 9-909 91 9-99900
Closlnn:... 9-65'»-66
Januakt—
S*4
•0'
^'
00*
Od;
ce'
5:
aio- o!
tOOD'
Range .... 9-8S»-67 9-749 -9 S 9-979-17 10-00911 9-939-08 9-979 '07
Olosmg... 9-67'»-68 9 97«-99 10069 07 10 049 05 9-939 -94 10-02903
M
<1« tiOOM Of-'*'
CCMCO M
;
-4M00C— ©^•tO too to; 00aDO'00~3r-'C»«»«»i^
eu<otoa«Dccfiaao(»>jav< auoOaMVH^u'i^to
">-
TOHB—
Spots
Cl
ots'
Vt
kj
••
>->a>
I
-a
to
;
-
M^cotsi-*
•
«]eeoi«4eoooMto
©•
^•l
^OOttOWWOOCO
<Xi«#kt3>}l^!
cocnto
MOH'tatOrf't-'^-OOODeOOO
i->co9<o>-'toa>->
aitou>aox^> ^vio<ac/<*'a^i^toOu-4i->uo-J-^vaoto
Options...
11
to If
to ••
The a Dove totals show that the interior stocks have dtereased during the week 1,384 bales, and are to-night 49,912
toles less than same period last year. The receipts at all the
towns have been 51,380 bales less than same week last year.
Overland Movement for the Week and Since Sept. 1.—
give below a statement showing the overland movement
for the week and since Sept. 1, as made ap from telegraphic
The resnlts for the week ending
reports Friday night.
Aug. 28 and ainoe Sept. 1 In the last two years are as follows,
We
IfCCA.
8Hif
116
la St. Louis.
Via
Via
Via
Via
Via
Via
Cairo
Paduoah
Rook Island
2,198
29.605
Louisville
Cincinnati
other roat«8, &o.
50
Total ^os8 overland....
758
Interior tonma
Inland, &o., from South......
Between
Total to be dednoted.
5,508
total net overland*
movement by
*
InoladlnK
t
Deduodon greater
rail to
1
868.647
153,154
1,192
35
100
1,298
162,472
37,101
260,092
166 1,448,247
Dtduet BKxpmentt—
Overland to N. Y., Boston, *o..
Leaving
90S
241
748,375
208,404
Hintt
Mtvi.
33,093
194,950
91,560
854,202
2,896 1,696,798
211,307
50.102
86,487
164
370,659
584
63,071
69,262
347,896
748
902,992
2.14811,193,806
15,337 l,100,35ll
Canada,
tlian overland.
Tbe foregoing shows that the week's net overland movement
year baa been
bales, against 3,148 bales for the
In 1903, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 93,455 bales.
khij
week
1903-08.
1901-03.
In Might and Bpinneri
TtUeingi.
Wt4k.
Reoelpto at ports to Aag. 28
Net overland to Aug. 28
Boathem consumption
to
Aog. 28.
Total mark'^ted
intAiior Btoflka In exeess. ......
Came Into
sliht during week..
Total In Blgbt Aug. 28
Min$t
Savt
ir««k.
1
Hinet
Mtpt 1.
2,138 7,e41.600J 58,110 7,653,875
2,148 1,193,808
J5,337 1.100,351
30,000 2,038,000 40,OOO 1,885,000
36,801 10779951100.258 10632681
* 1.864
t61.2e9|
6,367 167,544
25,437
Firm.
Steady.
Quiet.
Steady.
Basy.
Easy.
Steady.
Steady.
Weather Reports by Telegraph.— Reports to us by
telegraph from the South this evening indicate that, except
in the Southwest, dry weather has been quite general during
tbe week and where rain has fallen the precipitation has as a
rule been light. Some of our correspondents report that
cotton is growing rapidly and that the crop is in fine condition.
From Texas, however, there are claims of damage by
boll-weevil and other pests, and from points in Alabama and
a few distiicts along the Atlantic, worms, shedding and rust
are complained of.
Oalveaton, Teajcw.- Picking has commenced in scattered
sections. The crop continues very late.
Boll weevil and
other pests are doing much damage in many localities.
have had rain on two days during the week, the precipitation being seventy-one hundredths of an inch. The thermometer has averaged 81, the highest being 88 and the
lowest 74.
Abilene, Texas.—
have had a trace of rain on one day
during the week. The thermometer has averaged 88, ranging
from 70 to 96.
Brenham, Texas.—
have had rain on two days of the
week, the rainfall being twenty hundredths of an inch, The
thermometer has ranged from 70 to 91, averaging 81.
Corpus Christi, Texas,— There has been rain on two days
of the week, the rainfall being thirty-three hundredths of an
inch. Average thermometer 85, highest 96, lowest 74.
Cvero, Texas.— There has been rain the past week to the
extent of forty-three hundredths of an inch, on three days.
The thermometer has averaged 82, tbe highest being 93 and
the lowest 70.
Dallas, Texas.— Dry all the week. The thermometer has
averaged 81, ranging from 63 to 98.
Henrietta, Texas.— We have had a trace of rain on two
days of the week. The thermometer has ranged from 63 to
We
1901-02.
190S-03.
August 28.
Firm.
Firm.
Steady.
Steady.
We
We
averaging 83,
HuntsvUle, Texas.—There has been rain on two days during the week, the precipitation reaching thirty- nine hundredths of an inch. Average thermometer 83, highest 92,
lowest 71.
Kerrville, Texas,
We have had no rain during the week.
The thermometer has averaged 75, the highest being 90 and
the lowest 60.
Lampasas, Texas.— We have had rain on one day during
the week, to the extent of twenty-three hundredths of an
inch. The thermometer has averaged 78, ranging from 60
103.
—
to 95.
106,525
— We
have had no rain the past week.
69 to 96, averaging 83.
North's plniMra' tak'ga to Aag.2» 18.228 2,110.689 28.902 2,318,619
Luling, Texas. There has been rain on three days of the
* Deoreaae dnnnc; week.
t Less than Bept. 1.
t Deduction.
week, the rainfall being thirty-eight hundredths of an inch.
Movement into eight in previous years.
Average thermometer 81, highest 92, lowest 69.
Bules.
aine* Bept. 1—
BaUi.
Wt*k—
Palestine, Texas.— There has been rain the past week to the
76.599 190O^l-Aug. 30
10,477,516 extent of forty hundredths of an inch, on three days. The
1901- Aug. 30
37,848 1899-00- Aug. 31
1900- An«. 31
« 9,154,531 tbermometer has averaged
80, the highest being 90 and the
97,338 1898-99- Sept 1
1899- Sept 1
10738682
10566137
Longvieio, Texas.
The thermometer has ranged from
—
1898-S:ept.
2
._
59,000
1897-98-8€pt 2
lowest
70.
I
August
THE (CHRONICLE.
29, 1903.J
Paris, Texas,— Dry weather has prevailed all the week.
The thermometer has averaged 80, rangiog from 64 to 95.
San AntoJito, Texas— We have had rain during the week
to the extent of four hundredths of an inch, on two days.
The thumometer has ranged from 70 to 97, averaging 85.
Weatherford, Texas.— We have had a trace of rain on oae
day of the week. Average thermometer 82, highest 98,
lowest
68.
New Orleans, Louisiana.— We have had rain on three days
during the week, the precipitation being four icches and
seventeen hundredths. The thermometer has averaged 79.
^hreveport, Louisiana.— We have had rain on two days
during tne week, the precipitation reaching forty-three hundredths of an inch. The thermometer has averaged 81, rang-
ing from 70 to 93.
Le.iand, Mississippi.—fWotvaa have appeared in several
places in the county, but no damage as yet. There has been
no rain daring the week. Average thermometer 78'1, highets 00, ktwest 65.
hear of no complaints from
Little Rock, Arkansas.—
any source. We have had no rain during the week. The
thermometer has ranged from 67 to 92, averaging 80.
have
Helena, Arkansas.— Cotton is growing rapidly.
had no rain the pasv week. Average thermometer 83, highest
94, lowest 66.
Memphis, Tennessee.— B.ot, dry, forcing weather the past
week. Rain would be desirable, but the crop is not suffering.
The thermometer has averaged 81*4, the highest being 90*6
and the lowest 66 '8.
N-jshville, Tennessee,— The first new bale arrived this week.
We have had very light rain the past week, the precipitation
reaching one hundredth of an inch. The thermometer has
We
We
459
Cotton Crop Circular.— Our Annual Cotton Crop Review
form about Friday, September 4.
will be ready in circular
their
Parties desiring the circular in quantities, with
business card printed thereon, should send in their orders as
soon as possible, to ensure early delivery.
India Cotton Movement from all Ports.— The receipts
of ijutton at Bombay and the i^hlpmenr.s from uli Indltt ports
for the wook ending Aug. 27, and for the season from Sept, 1
to Aug. 27 for three years have been as follows:
1903-03.
1901-02.
k«otipt$ at—
Sinet
If MAC.
Bombay
9intt
Stpt. 1.
Wttlt.
atpt. 1.
9»pt. 1.
For th$ Wttk.
Qrtat
Britain.
OontiHtnl.
6,000 i.e^eooo
4,000 2,131,000
3,000 2,475.000
ilKPord
/row*—
1900-01.
ginet gtpiKmltfr
Total.
Qrtai
Britain.
I.
OONiintnl.
'Hoiai.
Bombay—
5.000
1,000
a.ooo
5,000
2,000
77,000
9,000
58,000
2.000
8,000
1,000
2,000
4,000
1,000
5,000
4,000
4,000
52,000
52,000
48,000
67,000
56,000
52,000
2,000
2,000
4.O0O
1,000
2,000
6.000
1.000
9,000
6.000
8,000
3t,000
20,000
22,000
40,000
25,000
30,000
2,000
4,000
4,000
6,000
6,000
9,000
39,000
9.000
195.000
130,000
234,000
139,000
1903-03..
1901-02..
1900-01..
1,000
925.000 1,002,000
496.000
505,000
570,000
628,000
Oaloutta—
1902-03..
1901-03..
1900-O1..
iladraB—
1903-03..
1901-02..
1900-01..
Ulothora—
1908-03..
1901-03..
82, ranging from 67 to 97.
1900-01..
2.000
7,000
9,000
17,000
143,000
160,000
Motkle, Alabama.— Cotton has deteriorated materially the
total aU—
past week. There are complaints of parching winds, rust,
18,000
15,000
1902-03..
2,000
130,000 1,203,000 1,833,000
shedding and worms. Picking is progressing in some sec1901 -02..
7,000
13,000 20.000
27,000
698.000
725,000
but the crop is about three weeks late. There has
tions,
1900-01..
1 .000
2,000
13.000
87,000
783,000
870.000
been rain on one day during the week, the precipitation
Alexandria Receipts and Shipments of Cotton.—
reaching ten hundredths of an inch. The thermometer has
Through arrangements we made with Messrs. Davis,
ranged from 73 to 91, averaging 82.
Cotton has commenced to open Benaohi & Co., of Liverpool and Alexandria, we now
Montgomery, Alabama.—
receive a weekly cable of the movements of cotton at
rapidly, and a few new bales have been received. Rather
Worms webbed up. Alexandria, Egypt. The following are the receipts and
too hot for cotton the last few days.
There has been no rain during the week. Average thermom- shipments for the past week and for the corresponding
week of the previous two years.
eter 83, highest 97, lowest 70.
8elma, .<lZa6a77wt. —Condition continues very favorable.
Alexandria, Egypt,
1901-02.
1902-03.
1900-01.
Cotton is opening rapidly, and seven new bales have been
Aug. 26.
received. There has been no rain the past week. The thermometer has averaged 85, the highest being 97 and the low- Receipts (cantarB)*—
This week
6,000
2,000
8,000
averaged
1
est 72.
SlnoeSept.
Madison, Florida.— Frequent showers followed by hot
ann is causing shedding and blight, It has rained on three
days of the week, the precipitation reaching sixty-six hundredths of an inch. The thermometer has averaged 87,
ranging from 76 to 98.
Augusta, Georgia.—Crops are developing rapidly under
higher temperature and promise large yields should conditions continue favorable.
We have had no rain during the
week. The thermometer has averaged 83, the highest being
and the lowest 69.
Savannah, Oeorgia.—There has been rain on one day during the week, the precipitation reaching seven hundredths
of an inch. The thermometer has ranged from 72 to 98,
98
averaging
84.
Smyrna, Georgia. —Crops are doing well, but need rain.
Dry weather has prevailed all the week. Minimum temperature 68, highest 93, average
We
Aug. 27,
of gauge.
of gaage.
of gange.
of eaa«re
'03.
Aug. 28, 03.
FMt.
Feet.
5-7
11-2
2-8
2-8
5-4
180
108
19
7-8
18-7
New York
vote the
Cotton Exchange.— By an almost unanimous
members of the Exchange decided upon Saturday,
an extra holiday.
Impobtations of American Cotton— Arrivals of American cotton from abroad this week have been 9,523 bales from
Liverpool and 71 bales from Havre.
Sept.
5,
as
5,471.000
(bales)
tMt
Sinet
IKxt
Sinet
v>e»k.
Exports
Sine*
9tpt, 1.
wetk.
Htpt. 1.
v>t%h.
Stpt. 1.
—
To Liverpool....
To Continent t..
355,000
1,000 403,000
323.000
2.000 521,000
2,000 323.000
3,000 366,000
Total Europe
1,000 758,000 2,000 844,000 5,000 689.000
poands.
f Of which to America in 1902-08, 84,102 balea; li; 1901-08, 104,216
bales: in 1900-01, 56.653 bales.
*
A eantar Is 98
Manchester Market. — Our report received by cable
from Manchester states that the market is firm
for yarns and steady for shirtings. The demand for both
India and China is improving.
We give the prices for
to-day below and leave those for previous weeks of this and
to-night
last
year for comparison.
1903.
—
Maw OrleaiiB..^ .—^ .Above lero oX gftuge.
6,475,000
Thii
80.
Stateburg, South Caroiina.— Rain has fallen on one day of
the week, the precipitation reaching eighteen hundredths of
an inch, but since then the burning sun has caused plants to
shed and wilt, especially on light soils. Bolls are opening
here and there. The thermometer has averaged 83. ranging
from 69 to 96.
Greenwood, South Carolina, The condition of crops is
still good and early cotton is beginning to open.
have
had no rain the past week. The thermometer has ranged
from 78 to 89, averaging 80.
Charleston, South Carolina.— There has been but a trace of
rain daring the week. The thermometer has averaged 83,
the highest being 97 and the lowest 72.
Charlotte, ^orth Carolina.— The past week has been intensely hot, with some little shedding reported. Things continue very fine, but continued hot weather will force maturity.
There has been no rain all the week. Average thermometer 82, highest 96, lowest 67.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named, at
3 o'clock Aug. 27, 1903, and Aug. 28, 1902.
Bf«mptala....^..^..^.Above lero
aahvllle..^..^ ......Above zero
Blireveport..^ ..~ ....Above sero
lekaboTg
.^ ......Above lero
6,744,000
1...
1908.
SH Ibt. Shirt- Oottfn
32« Ovp. ingt, common Mid. S2« Oop. 8H Ibt. Shirt Ooten
ingt, common Mid.
Iwitt.
Twiti.
to finest.
Upldt
to finett.
Upldt
d.
d.
s.
d.
B.
d.
510 98 7i«
09>« 610 98 71a
31 9
Aug. 7 8i5iet»9Jfl 5 9 98 7i«
'• 14 9
99^ 5 9 98 7)3
" 21 81B,«99>fl 5 8 98 6
" 28 81h8^99ig 5 8 98 6
J'y24 9
•
f>9i«
d.
6-60
6-60
6-66
6-84
6-70
6-86
d.
d.
73i6 98
7
9713,6
6lBig'»7%
7
97%
7118 w^'a
73,8 *»8
A.
2
1
8.
d.
d.
97 9
4273J
97 7^ 4%
4'%
97 6
0i«»7 7
1 07
1»3'»7
427s2
7ifl
8
GOVERNMENT WEEKLY CoTTON REPORT.— Mr. James Berry,
Chief of the Climate and Crop Division of the U. S. Weather
Bureau, made public on Tuesday the telegraphic reports on
the crops in the Southern States for the week ending Aug. 24,
summarizing them as follows:
Cotton has suffered materially from heavy rains and lack of sunshine over a large part of the central and eastern districts of the cotton region, where, as in the previous week, rapid growth, and in some
localities too much stalk, excessive shedding and rust are reported.
The plant, however, is generally well fruited throughout the belt. In
Texas the boll weevil is doing much damage, except In the northern
counties, and boll worms are more numerous and destructive. A little picking has been done throughout the southern portions of the
belt, but this work is not yet general.
Egyptian Cotton.— The following of date Alexandria,
July 31, has been furnished to us by Mr. Fr. Jac. Andres of
Boston:
We are still of the opinion that the damage caused by the cool
weather is not of great Importance. The complaints of the bad eifeots
which the cool weather had on the plants are reaching us mostly from
localities where replanting was done to a greater extent at the beginning of the season, and therefore the plants are backward and less
vigorous. It may be true that in such localities damage has been
done not only by the cool weather but also by the worms, but in general our crop stands well and the damage done by the cool weather
has been repaired by the favorable temperature we have had during
the past two weeks. Worms have appeared In most districts, but only
Blight damage is reported.
r
.
—
3
THE CHRONICLE.
4b'0
Ac—
nally unchanged at S^^c. for P<^ lbs. and 60. for 3 lbs., standard grades. Jate batt3 contmne at 1}'^@1%C. for paper
grades and 2@31.4O. for bagging quality.
—
SHiPPiNa News. As shown on a previous page, the
exports of cotton from the United States the past week have
reached 9,1SS bales. The shipments in detail, as made up
from mail and telegraphic returns, are as follows:
Total bales.
Liverpool, per steamers Bovlo (aflclltlonal),30
... Celtic. 3.l02....0ymrlo. 1, 3 ».... Victorian, 4,000....
8.473
4
To Maucliester. per steamer Tintoretto, 4
Kiw O&LKANS To Liverpool— Auc. 25— 8tr. Loaislanlan, 18...
13
New York— To
To Havre -Aag.52fl— Steamer Cordoba. R98
B08TOH - To Yarmouth— Aug. 26—Steamer Prince Artbur, 100.
698
100
TotaL
9.188
The particulars
of the foregoing shipments for the
arranged in our usual form, are as follows.
Great French Oer- -—Olh.S'rope—^ Mexico,
Brii'n.
CTOw XOrK.
R. Orleani
ports,
•••
0,4T7
13
many. North. South,
«••.•
•••..•
Japan.
Total.
.•..
tic.
Cf^ti
•«•«•
.....a
week
611
100
698
100
Boitan
Total
593
100
9,198
8.490
£lxport8 to Japan since Sept. 1 have been 138,858 bales fron.>
the PaciSc Coast, 6,360 bales from New York and 400 bales
from Norfolk.
New York
Cotton freights at
as follows.
the past
week have been
Wednei Fhurt.
Batur.
Hon.
Tuea.
1.
Mancheeter
Havre, asked. ...e.
18
12
20
12
12
20
12
13
20
18
12
20
12
12
20
20
Bremen
e.
171*
IIH
17i«
171*
171s
Hamburg
e.
17 >1
171*
e.
21ifl
171a
211a
17 »•
Ghent
171a
21i«
17>«
171*
2II9
Atwerp
e.
16
28
80
28
20
27
16
28
SO
28
20
27
15
28
Liverpool
..c.
21>s
16
28
20
28
20
27
16
28
Beval, Indirect..
Beval, via C&nal.e.
Baroerna,lnd'r't.e.
30
28
Ctenoa
c.
17i«
Trleate
e.
27
is-aso
(via 8nez).e
16
28
30
28
20
27
45a>50
4";'a>50
*W.
12
12
211a
SO
28
20
27
46950 46*50 45950
—
LivKRPOOL. By cable from Liverpool we have the following
statement of the week's sales, stocks, &c., at that port.
Bales of the week
bales.
Of whi h «xport«<r8 took.
Of which syeeulacors took.
Bales American
Awfir.
26
21
37.v»ut.'
8,on<
9,000
2,000
1 8.00c
32,000
290,000
198.000
lO.OOO
20.000
7.000
8,00c
20.00C
4,00c
267,001
42,00(
16,00<
20.00<
7.00<
at
Of which American
a3
20,00ti
13,00C
37,000
329.000
227,000
7,000
Aug. 28
3,000
29 000
2,000
25,0O<
19,00<
4l,00<
37l.00<
Of which American
htl
14.
81.0U-
Actnal export
Forwarded..
Total stock- Estimated
Of which Amerloan-Eat'd
Total import of ih« week
Amount
Aug.
>>•
iju\i
3,00<
Friday, August
Some
...
3,000
1,000
24,0Oi
23.00C
3I.00C
2«4 00C
160.000
8,000
2,000
21,000
10,000
demand and
firm.
Speculation in wheat for future delivery has been fairly
active. Early in the week there was an easier tendency to
values. The movement of the winter-wheat crop was on a
more (liberal scale and there were moderate receipts of
wheat in the Northwest. Cable advices were received predicting more favorable weather on the Continent, and there
was moderate selling to realize profits. Durine; the latter part of the week the market again turned firmer
and more than recovered the decline.
Weither conditions in the Northwest were a bullish factor, rains
being reported, they delaying harvesting, and it is feared
will do iujury to the wheat in sh^ek.
Cjld, wet weather
has been reported from the United Kin<a;doai, unfavorably affecting the Eoglish crop prospects. Receipts of winter wheat
were smaller, and considerable talk is heard to the effect
that both winter aad spring- wheat farmers are holiin? their
crops for higher prices. Eirly in the week exoorters were
moderate buyers in the spot market at a slight decline in
prices.
Subsequently, however, when values improved, the
demand fell ofl:. Today the market was quiet and slightly
easier.
Cable advices from Argentine repjrted an Increase
in acreage of twenty per cent, The sp^t market was quiet.
OlILTOLOIIHa PRIOBS OF HO. 8 BID WWTBB WHBAT Uf NB VT
gat.
Oash wheat
f.
0.
fwef.
W'.d.
r^iff.
96^
8i%
b
ATOM.
8714
86%
8778
8718
83 >4
prices of spot cotton, have been as follows.
Sat'day
Market, (
12:30 p. M.^i
Motutay. Tuetday. W*d'day
More
demand
rawrtd'v
FHdav
Moderate Moderate
demand. demand.
,
^
Unlet.
Quiet.
Quiet.
Mid. Upl'ds
6 76
6 74
678
6-76
6 80
6 86
Sales
Spec.
3.000
5 000
l.COO
4 000
too
6,000
l.COO
7 000
7000
too
600
<b
,
exp
aOO
Futurtt.
Market
opened.
M&rkat
T f.
^ P
M
«.
n«ad7
}
/
(
)
«ii
Irreg. at Brlytt'dj steady at Steady
ojp-rtv
1 Pt
.dyanoe nncnanK a adyanoe. advance.
\
steady a' Steady at Steady at Unlet a<
^'** P^*- H(§.5« pt8 6(all>4 Pts idt'i Pt«.
«jyance aOTatiCe. »dTanoe. deollpe.
I
334 pU.
advance.
Unlet at
2a6^
2d3
Indian corn futures have received only a limited am^nat
Dariag ch'^ first half of the week,
of speculative atteatlon,
based on Improved prospects for the growiag crop, rett^jting
the more favorable weather conditioas, there was iacreased
disposition shown by recent speculative buyers to liquidate
and take profits. Reports of freer couatry oif wrings of oldcrop corn also had a weakening infiaeace. Liter in the
week the pressure to sell from longs subsided, aad following
an up-turn to values for wheat, aul on reports of exvJasaive
raios Id some sections of the corn bait, prices rallied. The
•Cincinnati Price Current" ia its weekly review of the crop
eituation says that corn is moderately itnpro>/ed and a yield
of two billion bushels or more is uow pro laole.
The spot
market has been quiet and slig;htly easier. To-day the market weakened sligmly. The spot market was dull.
OAILT OU>SinO PKIOBfl Ot NO. i MtXBD 00 Id IB iVlBtV rOHLK,
1fKur$.
Wtd.
tv««.
rri,
JfOH.
Sat.
lOH Pts ad.
prices of futures at Liverpool for each day are given
Prices are on the basis of Uplands, Good Ordinary
clause, unless otherwise stated.
pncei are .
given in .
pence and lOOtA. Tkut: 5-67 meant
I^T TM .
__
67-lOOd.
>
Sat.
Aug. 22
noB.
Aug 24
I
'
6914
5938
57%
68
67%
.57%
67i«
68%
60^8
Aug 26
Aug. 27
Axig. 28.
12ia| 4 t2ia' 4
12>«| 4 12i«{ 4
P.M. P.M. P.M. P.M. p. M. P. JI. p. M. P. M. p. M.'P. M. p. M. P M.
124'
ft.
1
d.
I
]
d.
4
12ia|
(I.
(J.
\
d.
tl.
'I.
d.
d.
ti 47iti 47 a 48 a 4R 65l|6ftf
48 6 «H e&4 e 03 6
Angnst
Qg.-8ept . je 40'6 40 6 41 641 6 45 6 4' 6 44 6 43 6 49 6 48 6
September. U 40 6 40 6 41 641 6 4rs'6 4-: 44 6 43 6 49 8 48 6
5fe9 5 89 5 69 5 92 5 99 6 03 aoiifcOl 6 07 <; 06 6
Sept. -Dot.
I5
5 f>2 5 .%5 5 64 5 bt 5 64 5 *A b 70 5 6. 6
f>\ 5 6
Got. Nov...
54 6 te s 53 6 63 5 60 6 5fi 5
Nov. -Deo... 5 40 40 5 41 5 45
Dec-Jan... 5 35 5 S-" 5 36 5 40 5 49 5 51 5 48 5 48 5 54 51 5
•i
.
fS
ft
ft
Jan.-Feb... 5 84 6 34 6 35 5
Feb Mch .. 6 as 5 33 5 34 6
Mbh.- April. 6 3315 38 5 34 5
6
April-May
39 5 48 5 49 547 5 47 5 52
38 5 48 5 4S< s 47 5 47 5 52
38 5 47 5 4& 46 5 46 5 51
37 6 47 6 4% 5 46646660
'>
5 60 6
d.
I
d
60,6 64
M'6f 4
611« ."4
OH 6 09
06 5 67
:)^i5
.-6
49 6 61
4S 5 49
5 4Cf f> 47'6 48
5 4^ 5 46lft 47
5 48 6 45 6 46
69''8
59>fl
68ii
58i8
57%
57%
59>«
5736
5714
'don.
Vutt.
Ved.
5138
61'a
^
«ept. delivery in elev
D-o. lellvflr? in slnv
May delivery lu elov....
51i«
5II4
SI'S
50>s
60%
8914
OJBIOAOO.
TAuri.
Wri,
50%
50%
50
61
50%
50^8
61%
52
50%
mirket have been
Oats for future delivery at the Western
Speculative holders were sellers duriag the first half
quiet.
Subof the week to realize profits, aul pi'icea wara ei^ier.
sequently, however, there developed au active demanl for
cash oats from large consumers and this buying turned the
market firmer, most of the early loss in prices being recovered. Locally the spot market has been fairly active and
steady. To day the market held steady.
61>4
51«8
OAILX UJUOaiBO PBIOBfl OV OATS IH
Mon
Sat.
.10.
NBW YORK.
Tuet.
Wed.
38is
38I4
38I4
42
42
PH.
Thurt,
38
42
8 mixed In elev
8 white In elev
42
88
42
88
42
OalLT OI.OBIHO FBIOBB 07 HO. 2 MIXHD OATB IB 0HI0A6O*
Ihurt,
Fri.
Wed.
Mon.
Tuet
Sat
34S8
34i«
84'^8
35
34«8
^ept. delivery in elev.... 34it
36i«.
36i8
SSOs
36
8( '4
Deo. delivery in elev
36%
38i6
37i«
88
37'8
ST's
May deUvery In elev
37''e
IToiiowuig arb the closing qaotations:
Wed. Tknra.
Tnes.
Aug. 25
o.
57i«
Maydellverey Inelev
57
UA.ILT OLOSINQ PBIOBS Ot MO 2 MIZBQ OOBM IN
to.
The
i.
delivery In elev
Deo ftellvepy In elev
do to
below.
May-ione.
lash corn
"^ept.
Veryst'dv
pti. 2 pts
ftdvaDoe.
a*.
pts.
decline.
Wri.
87%
87>«
86
86 >«
87«4
87i«
88ia
8tS>4
86%
87%
87%
May delivery lu elev
87"*
Si"*
SB's
88%
89
83%
OtSLT OLOBma PB10B8 OV NO. 3 BPBmO WHBAT IB OHIOAGO.
Sat.
fMeir.
OfoH.
Wed.
Thurt.
tri.
8li«
Sept. delivery in elev.... 79%
8038
8009
79%
81
82i«
80''9
82ie
n«o. delivery in elev
81
SZ"*
Si's
88i>8
8414
May ina very in aie7.... 83
83
Si's
84
Sept iieiivery In elev
Deo. delivery In elev...,
Sat.
The tone of the Liverpool market for spots and futures
each day of the week ending Aug. 38 and the daily closing
Spot.
28. 1908.
irregularity in prices for wheat fljur have been
noted. Owing to the continued hand-to-mouth policy of
operating pursued by most buyers, a fair stock of flour has
accumulated in sellers' hand and to market these surplus
stocks there has been cutting of prices to attract buyers,
At the concessions fairly good-sized sales have been made.
Mills have continued to hold for firm prices for supplies to
come forward. City mills have had a fair sale. Rye flour
has been firm but quiet. Corn-meal has been in moderate
YORK
Quutfttlons are cents per 100 iba.
Aug. 7
LXXVII.
[Vol.
BREADSTUPPS.
Jute Butts, PAOGiNa,
The market for jate bagging
has shDwn no aotlvitv daring the week and prices are nomi-
Japan
.
^Uie...to. •••. tfaM.*(aperfi.Ti«.,
•
....
^^ ^^ $2
JtUOVtl
....
90 03 00
....^,3 00 03 10
txtra, :'• .3.
extra, Ii>. 1,. ...^« 3 10
94 30
96 26
9i 60
Patent, winter
«4 10
Olty mills, patent. 4 86
Bye flonr.sapertlnc 3 05
Nominal
• 3 25
Buckwheat floar..
Oorn meal—
jlears...^.M..»...» 8 50 04 10
Western, et«...^ 8 25 «3 30
ttralgbts.... ...... 8 76 94 90
36
Brandy wlnf
3 30
'ateot, evrtnt;. ... 4 76 f>& 45
(Wheat flonr in BBOko aella at prlaes below those lor barrela.)
«3
OBAUI.
Wneat, per Dusn
a,Diil.,Kij.
iNew
Dal., Au.i
Bed wintei. No. 8
V'ttieri^
Mort'n I>nl. No. 8.
>ai»— Miz'd,p.baah.
White
.^..
No. a mixed. ......
No. 8 White... .^...
0.
0.
oorn, per Dash.—
e.
e.
t.o.b.9714
Western mixed
67i3»69i4
I.o. b.95^
to. b.87%
No. 8 mixed..,
No. 2 yellow
No. 2 white
Bye, par bash—
1.0. 0.6914
f.
o.
b.94ii
«40
045
•39
41%*43
37
40
88
f.
^
o.
b.6l
f.O. b.89J4
'
»
54i«»58i«
Western
State and Jer8e7..~..6 4 oS4i«
Barley— WeBt
FeedlBK
-.68 1160
«...60>«f»61i«
I
M
1
August
Exports of tiraiu and Floar from Paclfle Forts.—
Telegraphic reports indicate that there have been no exports
of flour and grain from Pacific porta for the week ending
August 28.
The exports to foreign countries for the period since
July 1, I9(i3, and like figures for the corresponding period of
19C3 are t;iven btljw.
Flmtr,
from—
bbli.
Wheal,
busK.
58.445
30,716
137,339
10l,tJ43
Ban Fran.
PngetS'd.
76
Portland..
69,099
4«.->
2*7.^07
Corn,
Oats,
buth.
3 016
biish.
Barley,
bush.
198
Rye,
bu*h.
92,746
461
woolen and worsted dress goods is being helped by the opening of new lines and comes forward to a satisfactory extent
in a generally firm market.
Re-orders for fall dress goods
are fully up to the average for the time of year and, with few
exceptions, at full prices.
Domestic Cotton Goods.- The exports of cotton goods
from this port for the week ending Aug. 24 were 2,660
packages, valued at |172,909, their destination being to the
points specified in the tables below:
34
216,500
3,018
360
332
9?.746
454,364 2.033,144 76,365
aiflftt
1903.
1808.
Week iineeJan.l
Nkw Yobk
Tot 1903. 400,000 2,000,000
Total....
o
THE CHRONICLE.
29, 1903.J
MsporU
O
.
Week. MineefaHA.
to Aco. 24.
Britain..
QovEBJJMENT WEEKLY Qbain REPORT.— Mr. James Berry,
Chief of the CiimHte and Crop Division of the U. S. Weather
Bnrean, made public on Tuesday the telegraphic reports on
Other aiope»D. «».
China
.......
...
the grain crops in the various States for the week ending
Aug. 24, ae follofvs :
Corn.— On th« whole the corn crop has made favorable profrretiB.
especially over th« central and western portions or the cora belt, the
mpst decided advance bt-lng reported from Nebraska and Kansas. In
the upper Ohio Valley corn Is •nffering Strionsly for r*la, wUloh Is also
needed in portions of Illinois and Missouri, and much of the iatfl crop
In Iowa win cuffrtr unless rain falls soon. The reports Indicate that
early corn will be sitfe from frost by September 15 to October 1,
and late corn from October 1 to 15. (Dates by which It Is estimated
the crop In the rinolpal corn States will be safe from frost are given
in detail In \ht< aooompanylnf; State summaries.)
Spring Wheat.— Considerable spring wheat remains to be oat In
Nortn Dakota. t)Ut harvfsting is practically ttoished elsewhere In 'he
spring-wheat reglOD, and thrnshlng is In progress. In Southern Mlunesota much grain In chock is damp. In South Dakota, Nebraska and
Kansas the weather has been highly favoi able for stacking and thrashing. Harvesting Is nearly tinlsbed in Oregon, and advancing rapidly
In Washington, the grain being ot superior quality.
18
114
9
8
4frlea
.._
India.............
111.222
9.728
28,739
7.809
19.498
2,069
7,746
40,574
7,224
97
801
101
81!
934
272
Blazloo...... ........ ...
Centrftl Amerloa. ....
loath Amerlo*.......
otherOoontrlei. ..h..
.
1,420
4,601
88,626
14.975
13,446
998
Ar»bl«
West Indies...... ....
88
67
1,400
"648
S69
72
140
6,658
16,786
1,642
5,961
1,186
33,44»
611
236,70r
Tot»l.
S68
1,287
9.231
191,808"
17764
I
The valne of these New York exports since Jan. 1 to datei
has been |10,469.S97 in 1903, against $8,841,216 in 1903.
With the continued absence of an export demand of aijy
moment, business in heavy brown sheetings and drills has
been dull. The home trade have bought moderately of 3'50yards and lighter sheetings. Prices are steady, supplies being kept well in hand by shortened output. A quiet market
at full prices is reported for duobs and brown osnaburgs.
Exports op Brkadstuffs, Provisions, Cotton and Bleached muslins are in limited supply and very firm in price
PsTROLEaM, —The exports of these articles during the month in all grades. Wide sheetings also are scarce and very firm,
of July, and the seven months, for the past three years as are sheets and pillow cases. Buyers experienced much
difficulty in placing orders for denims for quick delivery, but
have been as follows:
are not making forward contracts. Tickings are scarce and
Other coarse, colored cottons are quiet
in moderate request.
1901.
1903.
1902.
Exports
but firm. Advances of J^c. per yard in a number of staple
from V. S.
July.
7 Month*.
July.
7 Months
7 Month*.
July.
lines have been the feature in prints.
Staples are in a strong
position.
Fancy prints are quiet and unchanged. The deQuantities.
Wheat.bush. 8,884,972 42,081,14) 8,401,458 61,674,88.' 18.388.414 95,886.374 mand for ginghams is on a moderate scale, but prices are de1,283,191 10,495,83U
1,300,241
9.088,311
11,064,583
1,660,94
Flour. ..bbls.
cidedly firm. Regular print cloths have sold at 330., an advance of i^c, and are very firm thereat. Odds are strong in
..bu.
9,569.831 89,310.181 14,319,53; 102.472,282 26,387,64* 145.616,787
Wheat..
narrow makes but quiet for odd goods.
439, iwe
6,171,621*
6,9i8,71e 87,781,999
5.155.671 e6,:69,934
Corn... bush
i
Tot. bush..
14.'25,00i 166.077,091
14,801,783 108,643.911
Valuu.
Wh't & flour.
7,943,»f5
73,''02,9lf'
Corn & meal.
3,286,14*^
88,904.35-
433,C08
Rye
79,133
1.293.900
161.9;if
1,057,849
Oats <fc meal
Barley
68.131
1,173.200
385,040
2.16S.787
69,322
8S9.36'*
61.5 8
918.924
Br'd stuffs....
Provisions ..
t
$
11,806,899 118,865,771
15,880,614 114.041,03S
$
11,469.97<
«
80,4ei.»33
4.703,96.''
5.089,077 184,633.011
5,834,454 129.639,32:
Petrorm„tc
6,192.968
5,551.86'
Tot. value
I^For
mA'9.3l>>> 419,975,44W
•tta«r tat>l«a
<
$
19,013.719 III, 35 J, 004
42,578,012
990 78*
193.265
3,689,94
1,248,3-7
a2,76P
8,258,871
731.821
13,t 03,460 89.340,161 24.168.0r6 163,937,598
14,768.63t IU.760,0 8 19,163.4»'; 130.<144,668
Cotton
37,625,634
32,381,362 253,893,726
38.574,&75
33.648,317 .=)P9.214.78l
anally k1t*h h«r*
••
10,246.918 14«,238,8>'2
6,231.726 £0,805,731
Foreign Dry Goods,— The advances in imported woolen
and worsted drees goods previously noted are fully maintained and a fair demand comes forward thereat. Business
in silks and ribbons has been quiet but prices ars steady.
Linens are firm, with moderate sales. Burlaps firmer ou
,
foreign advices.
Importations and tVarebouse \¥ltlidra^vals ot Dry Goods
The Importations and warehouse withdrawals of dry goods
at this port for the week ending Aug. 37, 1903, and since
January 1, 1903, and for the corresponding periods of last
year are as follows:
sg.sio.aK *78.3e6.l87
IS.«
to
«aK« 433.
THE DRY GOODS TRADE.
New
York, Friday, P. M., August
i
irregularity in prices.
Woolen Goods. — There
B!
St
!
P!
a!
i
S
I
Ss
28, 1903.
The market at first hands has not changed in any of its
leading characteristics this week. There has been more
business doing, but the increase has not been material. It
comes from a greater number of orders received for quick
deliveries of limited quant ities, and not from any greater
disposition to anticipate needs than before. Ready eupplies
continue restricted in volume, and buyers are finding it increasingly difficult to cover their current requirements in
many lines of cotton goods. The strength of ttie market is
pronounced, and higher prices have been quoted for sundry
lines of prints and for print cloths. In other directions sellers
are exacting previous extreme prices for spot goods, and are
reserved over forward contracts, even at current quotations.
There has been but a moderate business during the month in
cotton goods at first hands, but owing to the curtailed pro
duction sellers have been able to advance prices on most de
scriptlcns and to realize the advances. This week has shown
a large number of buyers in the market, and as a result the
jobbing trade has benefited considerably, business with the
jobbers being on a liberal scale in all departments. The
woolen and worsted goods division has ruled quiet for men'swear fabrics, with a fair trade in dress goods. An auction
s^le of 5,000 pieces of silks was held this week, showing great
S s
mT o >-|,
Si
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has been no improvement in the
demand for worsteds for men's wear in either staple or fancy
lines, and this division of the market is in an unsettled and
unsatisfactory condition. There are no indications of buyers
favoring worsted goods to any extent and as a rule mills on
Si
these fabrics are materially short of orders and pressing for
business at unstable prices. Woolen goods, on the other
hand, have secured at least an average volume of business in
the aggregate, with a number of leading lines well sold for
the season in cheviots, homespuns and fancies. Prices of
woolen lines are generally well maintained. Overcoatings
are in irdifferent request in most descriptions and not selling
up to expectations. Cloakings are quiet and without special
feature of importance. The demand for spring lines of
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—
FHE CHRONICLE
462
[Vol.
LXXVII.
lage Treasurer, for $100,000 gold street-improvement bonds.
Denomination, $1,000. Date, Oct. 1, 1903. Interest (rate to
be named in bids) Jan. 1 and July 1, at the United States
Mortgage & Trust Co., New York City, which company will
Calls and
certify as to the genuineness of the bonds. Maturity, July 1,
Connecticut.— Boncfs Purchased.— St&te Treasurer Gallup
recently purchased at 101 $200,000 of the 8* war loan bonds 19C8. Bids are to be made on blank forms furnished by the
of 18S5, which would not have matured until Oct. 1, 1910. Village Treasurer, Certified check for 2% of the bonds bid
The bonds were canceled, thus reducing the outstandiog for, payable to the Village Treasurer, required.
bonded debt of the State to $1,128,100, of which $1,128,000
The official notice of this bond offering will be found among
carries S% interest. The remaining $100 has ceased to draw
the advertisements eU-ewhere in this Department.
interest, having matured in 1885.
Sew Hanorer Conatj, N. i\—Bond Call.—D. McEachern,
Canton, Ohio.- Bond OJfcrinf/.— Proposals will be received
Chairman Board of County Commissionera, calls tor pay- until 12 M., September 21. by A. Ashbrook, Citv Auditor, for
ment August 31, at the Ailantic National Bank of Wilming- $7,000 i% refunding bonds. Denomination, $1,000. Date,
ton, bonds Nos. 31 to 32, inclusive, of $100 each, and Nos. 13, Sept, 1, 1908. Interest, semi-annual.
Maturity, Sept. 1,
Bonds are all dated 1919. Each bid must be made upon a blank form furnished
14, 20. 22. 25, 28. 29 and 32 of $600 each.
Jan. 1, 1883.
by the city, and must be accompanied by a certified check
on the First National Bank of Canton in the sum of $300.
The purchaser will be required to supply blank bonds.
Proposals and Negotiations this Canton (Ohio)
Union i!ichool District.- Bond Offering.—
week have been as follows :
Proposals will be received until 13 M,, September 1, by S. J.
Ada, Ohio.— Bond Offering,— PTopos&\8 will be received Harmonnt, Clerk Board of Educition, for $10,000 school and
until 12 M.. Sept. 17, by W. F. Hufford, Village Clerk, for for $10,000 funding bonds at not exceeding 5% interest. Au1^3 000 6% 1-10-year (serial) paving bonds. Denomination, thority, Section 2834a, Revised Statutes of Ohio. DenomiDate. Sept. 1. 1903
Interest annually on Sept. 1 at nation. $1,000. Interest semi- annually at Kountze Bros.,
§1.000.
New York City. Maturity of school bonds, $5,000 in 1910
Deposit of $500 required.
ofiBce of the Village Treasurer.
and $5,C0a In 1911, and the funding bonds $5,000 in 1918 and
Allentuwn, Pa.— Bond Election Froposed.-An ordinance
has teen introduced in city councils providing for the sub- $5,000 in 1914. Bids are to be made on blanks prepared by
mission to a vot? of the people at the fall election the ques- the district. Certified check for $1,000 on the First National Bank of Canton, payable to the Board of Education,
tion of issuing $125,000 bonds.
required with bids for each issue. Successful bidder must
Anthon, Iowa.— Bond Offering.— R. R. Raessler, Mayor, in furnish blank
bonds.
our advertising columns elsewhere in this Department, calls
Caujoti City (Tex.) Independent School District.— Bonds
Voted.— This district has voted to issue S13,0i0 6% schoolfor bids until 6 p. m. September 15 for $4,500 5% water-works
house bonds. These bonds, we are advised, will mature in
bonds.
AppanooHe Connty (P. 0. Centerrllle), Iowa.— Bond 40 years, subject to call at a date not yet fixed. Interest will
O^tTtny.— Proposals will be received between hours 1 and 4 be payable annually in Canyon.
Canyon County (Idaho) School District No. S.—Bond
p. M., Sept. 8, by J. T. Sherrard, County Treasurer, for
Sale.— Oa July 20 this district sold an issue of $6,500 5^ 5 184% funding bonds. Date, Sept. 10, 1908
$27,000
loterest
year (optional) bonds to the State Land Board. Denominasemi-annually at office of County Treasurer. Denomination,
tion, $500.
Date, Aug. 1, 1903, Interest, semi-annual.
Maturity, Sept. 10, 1918, subject to call after Sept.
$1,000.
Cape Charles, Ya.—Bond Offering.— Propos&ls will be re10, 1908.
ceived until 8 p M,, Sept. 14, by the Town Council, at the
Athens, Ohio.— Bond Sale.— On August 25 the $15,000 5%
oflBce of M. H. Stevenson, Mayor, for $10,000 4% sewer bonds.
electric-light bonds were awarded to the Security Savings
101-50.
Denomination, $1,000. Date, Denomination, $500. Date, Sept. 1, 1903. Interest annual
Bank of Athene at
Bl/ilft 7^1MD
CiTY 33i:f>^PTM£NT,
Bond
Redemptions.
Bond
Interest, semi-annual. Maturity, $1,000 yearly
on September 1 from 1905 to 1919, inclusive.
Bond p^erincf.— Proposals will be received until 13 m.,
Sept.
1903.
1,
W.
B. Golden, Village Clerk, for $10,000 5% re
Denomination, $1,000. Date, Sept. 1, 1908.
Maturity, $1,000 yearly on Sept. 1
Interest, semi-annual.
from 1908 to 1915 inclusive. Certified check for $1,000, pay able to Village Clerk, required.
Atlanta, tta. Bond Issue.— hoc&l papers state that the
City Council has authorized the issuance of $30,000 water
and $67,000 sewer Q^^i gold 30-year bonds. These bonds are
to be taken by the sinking fund at par.
Bagley SchocI District No. 22, Clearwater C'^nnty, Minn.
—Bond Sale.— Oa August 22 the $8,000 6% 15-year school
bonds dated Sept. 1, 1903, were awarded to C. A. Boalt &
Co., Winona, at par. Interest will be payable annually.
BatesYllle, InH.— Bonds proposed. This place proposes to
issue $3,000 bonds in the near future.
Bedford Townsliip, Cuyahoga County, Ohio.—Bond O^erinf?.- Proposals will be received until September 22 by J. D,
Griest, Township Clerk, for $5,000 5^ bonds. Denomination,
$1,000. Interest, semi-annually on April 1 and October 1 at the
Produce Exchange Banking Co. Maturity, $1,000 yearly on
October 1 from 1905 to 1909, inclusive. Certified check for
$•50 required.
BelieTllle (Tex.) School Dlstrlet-Bond SdZe.—The $7,000 bi 5 20-year (optional) school- building bonds, registered
by tha State Comptroller on July 17, were sold at par on
Sept. 22, by
funding bonds.
—
August
12.
BlanchardTllle (Wis.) School District.- BoTids Voted.—
This district has voted to issue bonds for a new brick school
building
Bremen, Fairfield Connty, Ohio.— Bond O^erinfli.— PropoSeptember 15, by E. B. Con-
sals will be received until 12 m.,
ner, Village Clerk, for $5,000 public-hall bonds at not exceeding 6^ interest. Authority, Sections 2835, 2836 and 2837,
Revised Statutes of Ohio. Denomination, $250. Date, Sept.
Maturity, $250 Sept. 15, 1905;
Interest, annual.
15, 1908,
$500 yearly on Sept. 15 from 1906 to 1914, inclusive, and $250
Sept. 15, 1915. Accrued interest is to be paid by purchaser.
Certified check for 10^ of the bonds bid for, payable to the
Village Treasurer, required.
Cameron, Marshall County, W. Ya.— Bond OJ'eHng.— Proposals will be received until 7:30 p. m., Sept. 15, by the Commissioners of Street Paving and Sewerage Bonds, for $10,000
Denomination, $100. Date,
0% paving and sewer bonds.
Interest, annually, on Sept. 1. Maturity, "on
Siept. 1, 1903.
or before Sept. 1, 1933," Nos. 1 to 33 being payable at the
First Citizens' Bank of Cameron, Nos. 34 to 67, mclusive, at
the Bank of Cameron, and Nos. 68 to 100, inclusive, at the
First National Bank of Cameron. Bruce Crow is Town Recorder.
Canandaigua, N. Y.— Bond Q^erinflr.— Proposals will be
ii., Sept. 8, by William H. Townsend, Vil-
received until 12
at the ofBoe of the Town Treasurer.
Maturity, 20 years; subject to call after 5 years. Certified check for 1% required.
Purchaser must pay accrued interest.
Cheraw,
Attorney,
annual.
S.
is
C.—Bond Offering.— EAw&rd Mclver, Town
offering for sale $8,000 5% 30 year bonds. Interest,
—
Chick asha, Ind. Ter.— Bonds Disapproved, The Secretary
of the Interior has disapproved the issuance of the $135,000
5% 80-year bonds voted by the people on May 23 and referred
to in the Chronicle June 13. The reason advanced for the
Secretary's veto was that the total amount of the proposed
bond issue is greater than cities having the population of
Chickasha are allowed under the law. The bonds were for
the following purposes $75,000 for water, $25,000 for sewer,
$10,000 for streets and $35,000 to pay off present indebted:
ness.
Bond Election.— The City Council has decided to submit
the question of issuing $75,000 water and $18,000 sewer
bonds to a vote on September 21. It is understood that the
Secretary will approve bonds to this amount.
Clarion, Iowa.— Bond O^eringf.- Proposalswill be received
until 5 p. M., Aug. 31, by F. W. Walker, City Clerk, for
Denomination, $500. Interest
$6,000 5% electric-light bonds.
semi-annually in Clarion. Maturity, 20 years; subject to call
after 8 years. Bonded debt Apr. 1, 1903, $4,500; floating debt,
Assessed valuation, $1,550,000.
$5,500.
Columbus, Ohio,— Bids Rejected—Bond Sale, All bids received Aug. 21 for the $60,000 4% work- house, the $50,000 4%
sewer, the $50,000 4% water and the $40,000 ii library bonds,
described in V. 77, p. 362, were rejected. The bonds were
subsequently sDld, however, to the New First National Bank
of Columbus at par and interest.
Cook County, 111. —Bond Subscriptions.— Vp to August 82
public subscriptions were made for $74,500 of the $"500,000
3^4^ building bonds, the price in each instance being par.
As stated in the Chronicle August 1, the time for receiving
subscriptions has been extended to Sept. 8.
—
CoTington, Ohio.— Bonds Voted,—Th\B village, according
bonds for a waterworks
to local reports, has voted to issue
system.
Delraj, ULich.— Bonds Not Sold. This village, according
to reports, failed to sell the $85,000 5% 80-year sewer bonds
Date,
offered on Aug. 20. Denomination of bonds, $500.
Sept. 1, 1908. Interest, semi-annually in Delray.
Denver, Colo.— Pate of Charter ,B;ec<ion.— September 22
has been fixed upon as the day on which the new city charter
will be submitted to the voters of the city and county of
Denver for approval. See comments on the new charter on
page 412 of the Chronicle August 22,
Detroit, MIcb.— Bontf« JVbf So/d.— No bids were received
August 25 for the $150,000 33^^ 80-year water bonds described
in V. 77, p. 263.
Dexter, Mich.— Bond OJ'erinflf.— Proposals will be received
until 7:80 P. M., September 2, by John W. Barley, Village
Clerk, for $8,910 i% electric-light bonds. Authority, vote of
—
—
—
;
August
—
THB CHRONICLE.
29, 1908.]
178 to 30 at election held March 9. Denomination, ?500, except one bond of $410. Date, Sept. 16, 1903. Interest semiannnallv attbe Dexter Savioi^s Bank of Dexter. Maturity,
J410 in tive years and $300 yearly thereafter. Certified check
for $200, payable to tue Village Clerk, reqaired. Successful
bidder to furnish blank bonda.
DoDgrlaa County No. I and Todd County No. 2, Joint
School District (P. 0. O^akfs), Minn. -Bond Sale.— Oa
August 23, $6,000 oi bonda of this joint district were awarded
to Stoddard, Nye & Co., Minneapolis, at 101*583. Denomination, $1,000. Date, Sept. 1, 1903. Interest, annual. Maturity,
$1,000 yearly from 1907 to 1913. iLclusive.
Donirlaa Conuty ( Wash.) School District No. 7'>.—Bond
Sale.- On August 15 this district sold au issue of $1,000 il^i
8-10-year (opiional) fchcol-hcuse bonds to the State of Washington at par. Denomination, $5(0. Interest, annual.
Donglas County (Wash.) School District No. 77.— Bonds
Not 6'o/d.— This district cfiEered for sale on August 8 $850
bonds. These bonds, we are advised, were not sold, as the
"directors failed, on account of unavoidable circumstances,
to be present at date set for sale."
Eafct Palestine, Ohio.— ^orid Sa/e.— The Village Council
has awarded an issue of $30,000 fi% street- paving bonds to the
First National Bank of East Palestine at 101.
We are informed
Eaist Syracuse, N. Y. Bonds Awarded.
that the $55,000 sewer bonds offered on August 13 were
awarded to Isaac W. Sherrill of Pougbkeepsie at par for 4^
per cents, although it seems a bid of 102' 173 for 4>^^ bonds
Co., New York City.
was sutmitted by N. W. Harris
understand that a taxpayer has brought suit to restrain the
village cfficials from delivering these bonds to Mr. Sherrill,
on the ground that the bid of the New York firm was the
These are the bonds awarded last June to Isaao W.
beat.
Sherrill, but technical errors prevented this sale from being
consummated. Bonds mature $2,600 yearly on July 1 from
1908 to 1929, inclusive, all bonds unpaid, however, being sub-
—
We
&
ject to call after 15 years.
East Waynesbufg', Pa.— Bonds Not Sold— Bond Offering.—
sewer bonds described in V. 77, p. 863, were
$8,000
not sold on r» ugust 15, the day on which bids were to be
opened. Proposals are again esked for these bonds, this
time until September 7.
Elizabeth, 111.— Bond SaZe.- On Aug. 4 $5,500 5% waterworks bonds were awarded to C. M. Ellin wood & Co., Chi-
The
H
cago, at par.
Elkhart School District, Tex.— Bonds Registered.— A.n
issue of $1,000 5% 20 year school-house bonds, dated Aug. 1,
1903, was registered by the State Comptroller on August 20.
Ellendale, Minn.— Bond Sale.—Oa August 24 the $6,000 5%
gold water bonds described in V. 77, p. 413, were awarded
Co., Chicago, at 100'066. Following
to Dnke M. Farson
&
are the bids
OnkeM. Farson* Co..
C.
M. EUinwood
i,
Chic... 16.004 00
Co.. Cnic... e.OOO 00
I
S.
A.
Kean
(for 69)
$8,000 CO
1
Elf ria, Ohio.— Bond O^ertngi.— Proposals will be received
until 12 M., September 15, by Frank R. Fauver, City Auditor, for $13,000
bridge bonds. Anthority, Sections 2885,
2836 and 2837, Revised Statutes of Ohio. Denomination,
Date, July 1, 1903. Interest, April 1 and October 1
11,000.
at the United States Mortgage & Trust Co., New York City.
Maturity, $1,000 yearly on October 1 from 1918 to 1927, in-
a
clusive; $2,000 Oct. 1, 1928, and $1,000 Oct. 1, 1929. Accrued
interest to be paid by purchaser. Certified check on a local
bank for $500 required. Bids to be made on blanks prepared
by the city. This offering is in addition to the .?25,000 bridge
bonds described in V. 77, p. 363, bids for which will be
opened on the same day.
Fenelon Falls, Oat.— Debenture Sale,— On Aug. 12 the
$37,500 i% water and light debentures were awarded to the
Dominion Securities Co.
at 97 '50.
463
GraceYllIe, Big Stone County,
Minn.— Bond Sale.— The
$5,000 refunding bonds offered but not sold on July 15 were
awarded on August 15 to the Royal Trust Co, of Chicago at
100*50 for 5 per cents. Denomination, $1,000. Interest, semiannual. Maturity, Oct. 1, 1913.
Grafton (W. Va.) School' Di8trict.—Bo?id« Not Sold.— The
'l}4'i school bonis offered on August 20 were not sold.
UreenTllle, Ohio.— Bond* Authorized.-The City Council
on Aug. 3 passed an ordinance providing for the issuance of
$55,000
$5 OCO 5% l-5year street- improvement bonds.
Hancock County (P. 0. Flndiay), Ohio.— Bond Offering.—
of County Commissioners will offer for sale at 12
Dduomination. $500.
Sept. 12, 15.000 5i pike bonds.
Date, Oct. 1, 1908. Interest semiannually at office of County
Treasurer. Maturity, $'3,O0O yearly on Oct. 1 from 1904 to
1910, inclusive, and $1,000 Oct. 1, 1911. Certified check for
$500 required. John A. Sutton is County Auditor.
Tbe Board
Ji.,
Harriet8town(N.Y) Union Free School District No. 1.
—BoT.d Sale,— The $10,000 1-20-year (serial) school bonds,
bids for which were received and rejected on July 7, were
awarded on August 18 to Goo. M. Hahn of New York Ciry
at 100 068 lor 4>^ per cents. For description of bonds, see V.
76. p. 1421.
HawkinsTille, Ga. Bond Election.— An election will be
held Sept. 14 to vote on the question of issuing $40,000 vraterworks and sewer bonds.
•
Honolulu.- Loan to be JP'/oa^ed.- Despatches from Honolulu, dated August 23, state that Governor Dole and other
territorial officers have decided to try and float the $2,000,000
loan authorized by the last Legislature. It is thought that
the local banks will take the entire issue. An exhaustive
statement has been sent to President Roosevelt In response
to his request for information before approving the loan.
Houston, Tex.— Bond Election, The City Council has decided to submit to the voters the question of issuing $750,000
sewer, paving and school bonds.
HoTland (Town), Cook Gonuty, Minn.— Bond Offering.—
Proposals will be received until 10 a. m., September 19, by
the Board of Supervisors— AdolphS. Carlson, Chairman— for.
$15,000 Qi 20 year road, bridge and town-hall bonds. Au-
—
thority,
Chapter
36,
Laws
of 1903.
—
IndiauBpoIis, Ind.— Bond* Proposed, The Mayor recommends the issuance of $66,000 bonds to build a bridge over
the Fall Creek.
lonft (So. Dak.) Scliool District.— Bond Election,— An
election, it is stated, will be held Sept. 4 to vote on the question of issuing school-building bondsKanosh (Utah) School District No. 3.— Bond O^erzngf.—
Proposals will be received until 6:30 p. m., September 5, by
Benjamin J. Roberts, Clerk.Sohool Beard, for $7,000 5^ 15year gold bonds. Denomination, $500. Date, Sept. 15, 1903.
Interest, semi-annual. Certified check for 5% of bid, drawn
on some Utah bank, required.
King County (Wash.) School District No. 71.— Bond
Proposals will be received until 2 p. m., SeptemOffering.
ber 5, by J. W. McConnaughey, County Treasurer, for $12,COO i^ 6-20 year (optional) coupon school-building bonds.
Authority, election held Aug. 1, 1903. Denomination, $1,000.
Date, Oct. 1, 1903. Interest, annually at office of County
Treasurer or in New York City. No bonded debt at present.
deposit of
The assessed valuation is $243,856.
of bonds
—
H
A
required.
King County (Wash.) School District No. 121.— Bond
0#erinfir.— Proposals will be received until 2 p. m , Sept. 5,
1903, by J. W. McConnaughey, County Treasurer, for a 1790
10-year coupon school-building bond at not exceeding 6i interest.
Authority, election held Aug. 1, 1908. Date, Oct. 1,
1903.
Interest, annually at office of County Treasurer or in
New York City. No bonded debt at present. Assessed valudeposit of 1% of bonds required.
ation is $79,119.
A
La Grauge (Ohio) School District.- Bond O^eringr.— Pro-
Fort Benton, Mont.— Bonds Not Sold,— No satisfactory posals will be received until 12
bid was received Aug. 20 for the $12,500 5% refunding bonds
described in V. 77, p. 313.
Fort Collins, Colo. Bond Sale.—
are informed that of
the $175,000 10-15-year (optional) water bonds offered as 48
on August 3 but not sold. $150,000 have been disposed of as
4}4 per cents to William E. Svsreet & Co. of Denver.
^alTeston County, Tex.— Bonda Regio^ered.- On Aug. 22
this county had registered in the office of the State Comotroller $249,700 i% 20-40-year (optional) additional sea-wall
and breakwater bonds, carrying date July 1, 1903.
Up to date $535,000 of these eea-wall bonds have been delivered to their purchasers. This is $145,000 in addition to
the amount reported in V. 76, p. 771.
Gardner, Mass.— Bond Saie.-Aji issue of $14,000 4:i sewer
bonds has been awarded to N. W. Harris
Co. at 101.
Girard, Ohio.— Bond 0#ering.— Proposals will be received
until 12 M., Sept. 22, by E. L. Hauser, Village Clerk, for
$2,500 5% 2-6 year (serial) crosswalk bonds.
Authority, Section 2885 Revised Statutes of Ohio.
Denomination, $500.
Date, Sept. 1, 1908. Interest, semi-annual.
Glenyllle, Ohio.— Bond O^ertngr.- Proposals will be received until 12 M,, Sept. 28, by B. F. Davies Jr., City Auditor,
for $55,000 St. Clair Street west sewer bonds. Date, Aug. 1,
1603.
Denomination, $500. Interest (not exceeding 5}4%)
payable annually at the Village Treasury. Maturity, $5,5C0
yearly on Sept. 1 from 1905 to 1914, inclusive. Certifitd
check for $1,000 on a bank in Cleveland or Qlenville, payable
jointly to the Treasurer of the village of Glenville and the
Garfield Savings Bank Co. is required with bids. Purchaser
pays accrued interest.
We
m,, September 1, by A. J.
Lewis, Clerk, for $8,000 5% bonds. Authority, Section 2834a,
Revised Statutes of Ohio. Denomination, $500. Date, Sept. 1,
1903.
Interest semi-annually in La Grange. Maturity, $500
yearly on March 1 from 1904 to 1919, inclusive. Deposit of
$50 required. Bonded debt, $8,000. Assessed valuation,
$200,000.
Lake Mills, Wis.- Bonds Voted,—Thia village has voted to
issue $8,500 water and street bonds.
Lakewood, Ohio.—Bonds Authorized.— The Village Council
has authorized the following bonds
92,361 27
3,357 72
30.951 66
4.MH5 60
8,031 30
7,411 03
&
,
:
5^ Cook Avenue asaessment bonds.
5S St. Charles Street assessment bonds.
S^Lake Avenue assessment bonds.
5% Warren Koad assessment bonds.
b% St. Cbarles Street assessment bonds.
5% Warren Koad assessment bonds.
One-tenth of each issue will mature yearly, beginning
Interest semi-annually at the Cleveland Trust
5, 19C4.
Oct.
Company.
Lancaster School District, Fairfield County, Ohio.—
Sale,— On Aug. 15 the $75,000 5^ l-lG-year (serial)
school-extension bonds described in V. 77, p. 315, were
awarded to the Hocking Valley National Bank of Lancaster
—Bond
at 102'442.
Larue, Marlon County, Ohio.— Bond O^erinflf— Proposals
will be received until 12 m., Sept. 7, by J. S. Myers, Village
Clerk, for $2,400 &% street-improvement bonds. DenominaDate, Sept. 3, 1903.
tion, $500, except one bond for $400.
MaInterest annually at the office of the Village Treasurer.
turity, $5(0 yearly on Sept. 3 from 1904 to 1907, inclusive, and
—
THE CHKONICLE
464
f40O 8«pt.
3,
1908.
The
village has
no debt.
Assessed val-
natiOQ, $165,200.
L«wi»town, Mont.— Bond O^ermflf.— Proposals will be re
ceived until 3 p. M., Sept. 80, bv Albert Pfaus, City Clerk (at
which honr the bonds will be put up at anotion) for $10,000
10-20 year (optional) gold coupon bonds issued for the pur-
W
poee of procuring an additional water supply and to complete
Dduominatioa, |1,000.
the water and sewerage systems.
Date, Nov. 1, 1903. Interest semi-annually in Lewlstown or
elsewhere at option of buyer. Certified check for $1,000,
payable to (Gordon O Shaft-r, City Treasurer, required.
The
official notice
of this bond offering will be found
among
the advertisevients eUeu-here in this Department.
Liberty Township, Ohio.— Bond Sate.— On August 26 $10,000 5? road bonds were awarded to John Baumgartner of
New Wa!>hipgron at 103 50. Following are the bids
JohnBauuicartiier
$10, '600)1 P H. Brleaa & Co.,Clnolnn»tl.$in,OflB 00
10,2:7 no F. L. Kuller A Co., Cleveland. lO.oo? ,so
Mar sHria -»T. B«nk
:
|
J.Shoftz. .New WashlUKton.
Lamprecnt Uros.Cu., CioTe..
lo.i547
00
S. A..
10,101 00
|
Kean,
Otiicatfo.
deasouk'ood
& Marer,
10,000 00
CIn.... 10,000 00
.
D-^nomination, $500. Date, S^pt. 1, 19i33. Interest eemiannually at the office of the trustees. Maturity from five to
nine years.
Lima (Ohio) School District.- Bond Sale Not Consum
mated.— We HTB advised that 8f>a83ngood & Mayer, Cincinnati, have failed to tafee the $75,000 5% high school bonds
awarded to them on May 18. Oar informanc aUo adds tbat
the bonds will probably be offered again, bat it is not certain
when, as tbere is litigation still pending.
Lia<oln Poftsh, Li.—Bond Sale. The Lincaln Parish
Bank of Raston has purchased at "62 bank disoonnt " 110,060 court-house bonds. Securities are in denommation of
$4,45), and will mature one bond yearly from Jan. 1, 1904, to
Jan. 1, 1012, inclusive.
—
Ohio— Bo?ii Offeryesterday ( A.ug. 28), by
F. E. Millig-in, Coanty Auditor, for the following bonds:
Logaa Cjontj (P.
ing.
5
0. Bellefontalne),
—Proposals were
asftf d for until
$9,00) 5« pike bonda issued under authority of Sactlon 4StS, Revised Statutes
of Ohio. VlMturliy, $L,000 each bIx months from Jan. 1, 1904, to Jan. 1,
Wh H Incluilve.
20,000 5»dl'ch bonds ijisned under authority of Sections 4481 and 4«82. Revised Statutes of Ohio. .Maturity, f5,UU0 each six monltH
Jan. 1,
HiOl. to July 1, lHu7. inclusive.
MKn
Denomnation
[Vol.
LXXVIl
cast for bonds, so the Council called off the election, it is
stated, in order to prevent a defeat.
Monnt Vernon, 111. -Bond Sa^e.— On August 20 the $7,000
fi%
bon Is described in V. 77, p. 265, were awarded to H. C.
^pear
Co., Chicago at 103'214.
Bids were also received
from Thomas J, Bolger Co., Royal Trust Co, and Farson,
Lench
Co., all of Chicago.
&
&
MoQiit Teroon Township (111.) High School District.—
BO'id (Offering —Proposals will be received until
Aug.
81 by Rufus Grant, Clerk Board of Bluoation, for Hi'S.OOO 6%
5-14-year (serial) building bonds. Date of bonds, Aug. 1,
1908,
D -^nomination, $500. Interest, annual. Purchaser to
furnish blank bonds. No other debt against township. Assessed valuation, $540,000. These bonds were offered as 4
per cents on Aug. 8, but no bids were received at that rate.
New burgh, N. \.— Bonds Authorized.— The issuance of
$5,000 4<{ sewer bonds has been authorized. Date of sale not
8pm
yet dett^rmined,
New York State.— Bond jESecfton.— John F. O'Brien, Secretary f State, gives notice that at the coming general election Nov. 8, Chapter 147, Laws of 1903, will be submitted
to a vote of the people for approval.
This chapter provides
for the issuance of $101,000,000 bonds for th'j improvement of
Erie, Oswego and Champlain canals. Interest is limited to
'd%, payable semi-annually in New York City.
Maturity not
more than 18 years. Bonds are to be sold at various times,
but not more than $lO,0O0,0nO during the two years next
ensuing after this Act takes effect.
majority of votes cast
will authorize the bonds.
OakdalP, iNeb.- Bonds to be 0/cred.—This village will
shortly offer for sale $7,000 6^ 5-20 year (optional) waterworks bonds. These securities were authorizea at an election held Aug. 18, 1903.
(
A
Oldham loanty, Tei.— Bonds Approved.—The AttorneyGaneral has approved $9,000 Ai 2-20-year (optional) refunding
bonds of this county, dated June 10, 1903.
Oregon City, Ore. -Bond U^ering.— Proposals will be received until 4 P M., September 2, by the Fin-ince Committee,
care of Fred. J, Meyer, City Treasurer, for $7,685 22
sewerimprovement bonds. Denomination, $500, exo^p"; one bond
for $'85 22
Date, Sspt, 1, 1903. Interest semi-annually at
the office of the City Treasurer. Maturity, 10 years; subject
to call after one year.
Certified check for 5% of bid, payable
to the Mayor, required.
Orleans Coanty, N. Y.—D.'scription of Bonis.— We are
advised that the ti65,000 ii jail and almshouse oonds recently
awarded to the Mechanics' Savings Baak of Liokport at par
are in denomination of $1,000, Date, Aug, 4, 1903. Maturity,
H
of bonds, $500. Date Aug. 28, 1903.
Interand July 1, at office of County Treasurer, Tl^ese
bonds were offered as 4s on Aug, 8, but not sold. Tne result
of the present offering was not known to us at the hour of
$5,000 yearly.
going to press.
Otero County (P. 0. Alamogordo), N. M.— Bond Offering.
Luraiii, Ohio.— Bond Sale.— On August 25 $32,000 5% pav
—Proposals will be received until 10 a, m,, August 31, by
Ing and $14,000 5;^ sewer bonds were awarded to the Mans- W. K. Stalcnp, Clerk Board of County Comm esioaers, for
field Savinas Bank for $1 premium.
$2,500 6% court-house and jail bonds. Denomination, $503.
Louisville, Wa.— Bonda Not Yet Sold.— We are advised Date, Nov.
Maturity, Nov. 1, 1923, subject to call
1, 1903.
tliat the $iO,000 fi% 20-year water and light bonds offered, but
after Nov. 1, 1913.
Bonded debt, $50,000. Assessed valuanot sold, July iiS have not as yet been placed, although nego- tion, $1,500,000,
tiations are pending for the sale of the bonds orivately.
Ottawa, Ohio.- Bonds Not SoJd.— No bids were received
Lnierae Gonntj, Pa.— Interest Rate to be Inereased.—lt is August 25 for ihe $50,000 4^ water bonds described in V. 77,
stated tbat the rate of Interest on the propos-d issue of
p. 314.
$817 000 court-house bonds will be raised to i% and the bonds
Padacah, Ky.— Bond Election.— The City Council has
re off-red. These bonds were advertised as 334 Psr cants on passed a resolution to submit the question of Issuing $6 ),000
July 29 without success.
street, $25,000 hospital and $25,0110 market-house bonds to a
Madison, Wig —Bonds Proposed.—The issuance of $30,000 vote of ttie people at the coming November elecion.
water and $18,000 street bonis is being considered.
Palatka, Fla.— Bonds to be Sold at Private Sale.— We are
Maaasqaaa, N. J. -Bonds Not Sold,— The $35,003 4| 30- advised that the $175,000 5% water, sewer, paving and refundyear water bonds offered on August 25 ware not sold. Sse ing bonds offered, bat not sold, on August 4 will probably be
V. 'il, p. 4 '4, for description of bonds.
disposed of at private sale. Sea V. 77, page 161, for descripMansUtlJ, Ohio.— Soad Sate.— Oj August 27 the $15,009 tion of bonds.
il4'i pcQOJl bonds described in V. 77, p. 414, were awarded to
Paolding, Ohio. Bonds Defeated.—This placejon August
the Mansfield Savings Bank for $15,304 50. Bonds are dated 19 vot'd against the issuance of refunding funds.
Aug. 27 1903 Following are the bids
Philippine IilAnii».—Certifieate tiale.—B.*rvey Fisk &
Man>fle1d Savings Bank
$15 3 U 50 Rod(fer9iSons,Cha(rrin Falls. 116,087 00
Sous, Now York, submitted on August 25 the only bid for
T. L. KQiler t Co.. Cleveland. 15,'-io5 00 Keder, Kolzman «Co.. Cln... 15.047 5)
Lamprecbi BroB.C»..Cleve.. 16,161 uo Well. Both St Co., Cincinnati. 15,040 00 the entire $3,000,000 ii temporary certificates describcid in
Se»8on<o')d 4 vi«yer, Cln.... IB.OOi O'l
Dcauon, Prior a Co., ClereV. 77, p. 162, and they were awarded the S'^carities. The
15.16200 S. A. Keaa, ChtoaKO
Und and Boston
1S,U03 00
1&,13S 00
price bid was 103'24. The following bids were r-'ceived
B. Kl«TDoite A Co.. Clnci 3
Son8.f3,oO0,0O0.. 102-21
Puget Sound Savings
Marathon (Iowa) ludependeat School Digtrlct.— Bond Hsrvey Flsk 4 B'i,
lOu,' 00,.101-11
Bank
$20,000 .100-00
Nat Excha'ge
est,
Jan.
1
:
.
:
. .
f
Sale.-Od Aug.
6 $15,000
(i%
baildiog b wi^, dated Juae
6-10-year
190J,
at 107*10.
1,
(optional)
were awarded
schoolto the
Baltlrnore
K.
L.
Holizcuau
W.
VVice
>
lOO.OUO.IOrOl
Exchange Bank.Albany.
50,UOO.. 102-00
E
J
8.1)00.. 100 -02
J.
H.
Filzuerald
flchrlver
lo,000.. 10000
B.oOO.. lOOO)
4,000. .100-00
21,000.. 100-00
H. U, HiKBtins Jr....
Marathon Savings Bank
Plato !«chool District No. IS, McLeod Connty, Minn.—
Marehall, Mich.— »ond Sa/e.— On August 24 the $20,000
refunling bonds described in V. 77, p, 414, were awarded to Bond OJferiMg.— Proposals will be received until 7 p, m. Aug.
Maturity, $600
31 by A. Minder, Clerk, for $4,600 5% bonds.
the Commercial Savings Bank of Marshall at 98 50 and inter
A bid of par, less 2^%, was received from July 1, 1904, and $1,000 yearly on July 1, from 1905 to 1908,
eat for 4 per cents.
Kean of Chicago.
Martlnitbarg. W. Y&.—Bond Sale.— On August 20 the
l0-a3 year (optional) water bonds, described in
$33,000
V. 77, p. 264, were awarded to local investors at par.
Meadriile, Pa.— Bond Q^eri?iflF,— Proposals will be reSept. 2, by A. C, Pardee, City Clerk, for
ceived un',11
$35 000 4i water-works improvement bonds. Danomination,
|500. Dat*-, July 1, 1903. Interest, January 1 and July 1 at
the office of the City Treasurer. Maturity, 30 years; subjact
S. A.
a
8pm,
Bands are free from taxes. Certified
to call after 15 years.
check for 2% of the amount bid required. These bonds were
offered on Aug. 19 but evidently were not sold.
Miioltrle, Ha.— Bond {Election Not Held.—The notice of the
election whica was to have been held August 23 to vote on
the queatlon of issuing $15,000 academy anl $35,000 sewer
bonda was rescinded by the Mayor and Gouacil. There appears to have been little interest manifested in the election
and no prospects that a sufficient number of votes would be
inclusive.
Pieugantrille, N.Y.— Bond Sale.— Oa August 24 the $3,850
and the $2,000 water bonds described in V. 77, p. 415,
were awarded to the Sins Sing Savings Bank, at Ossinlng, as
iH ver cents.
Port of Portland, Ore.— Bond O^ering.— Proposals will be
rec-ived until 4 p. m., September 21, by Dan J. Muher, Clerk,
Denomination, $1,000.
for $315,000 i% gold dry dock bonds.
Date, July 1, 1903. Interest semi-annually at the office of
the Treasurer. Maturity, July 1, 1933, Certified check for
6% of the par value of bonds bid for, payable to the Treasurer
of the Port of Portland, required.
street
Bahway, N. J.— Bond Offering,— PropoBala
will be received
by Howard B. Bunn, Clerk and Superintendent, Board of Water Commissioners, for $30,000 i%
water bonda. Ddnomlnation, $1,000. Date, Nov. 1, 1903.
until 8 P. M., Sept. 2,
Interest semi-annually at the Mercantile Trust Co,,
New
August
York
official
notice of this bond offering
teill
be
found among
the advert isevienis elsewhere in this Department.
Renrllle, Minn.— Bfwd Sale.— On Aug. 8 the $10,000 5*
15-year gas-plant bonds, dated July 1, 19)3, were awarded
to the Mionesota Loan «fe Trust Co., Minneapolis, at par.
These are the bonds referred to in V, 77, p. 163.
Rice BiYer(P. 0. BIgfork). Itasca County, Minn.— Bond
O^ertng.— Proposals will be received until 3 p. M Sept. 13,
by E. L. Shultls. Town Clerk, for $3,400 6;^ coupon bonds.
Interest annnally
Denomination. $l( 0. Date, Aug. 1, 1903
at the First Natimal Bank, Grand Rapids, Minn. Maturity,
|1,200 on Aner. 1. 1908, aud |l,200 on Aug. 1, 1913. Thtse
bonds were offered but not sold on Aug. 4.
Riverside, Cal.— Bond Election Proposed.—
are advised
that th*-re is talk of calling an election to vote on the ques
tlon of issuing $15,000 park, $35,000 fire department and
$60,G0O street bonds, but that nothing definite has as yet been
done in the matter. These proposed issues ^were referred to
in the Chronicle June 87.
St. B>Tn«i<l Parish (P. 0. St. Bernard), La.— Bond Offer
ing.— Proposals will be received until 12 M., September 7, by
Alcide Qntierrtz. Secretary of Police Jury, for $50,000 5^ 40
year road and street t)onds. Denomination, $500. Certified
check for 6< required.
Salem, Masn. -Bond Sale,— On Aug. 19 580,000 bonds
were awarded the Naumkeag National Bank of Salem at
par and interest. The bonds are as follows
,
We
:
•30.000 4<(1-10 Tear (serial) street pavliic boods, dated June 1, 1903.
8,000 i% l-8-ycar (serial) street extension bonrtg, dated July 1, 1903.
IS.OCO 3H* 4-17- year (serial) sewer bonds, dated March 1, 1903.
,
NEW
LOANS.
J^S6,000
light-plant, $13,000 school, $30,000 city-hall and $8,000 firedepartment bonds will be held September 28. Bonds are to
be dated Nov. 1, 1903, and the interest is to be 4i^ii. The
light-plant bonds are to mature $3,000 yearly and eacti of the
oth-r issues, $1,000 yearly.
Scanloa, Minn.- Borid OJ'ertng. —Proposals will be received until 7:30 P, M., Sept. 14, by C. H, MoNie, Dep. Recorder, for $6,500 b% village-hall and jail bonds. Authority,
election held Aug. 4, 1908. Denominations $1,000 and $500.
Interest, semi-annual. Maturity, $1,000 yearly on July 1
from 1904 to 1909, inclusive, and $500 July 1, 1910.
Seaford, Del.— Bond* Not Sold.— No bids were received
Aug. 20 for the $10,000 i% 10-30-year (optional) electric-light
bonds described in V. 77, p. 265.
Seattle, Wash.- Bond Election.—The City Council has
fixed upon Oiitober 81 as the day on which the question of
issuing $140,000 city-hall site and $500,000 city-hall-building
bonds will be submitted to the voters.
Seattle School District No. 1, King Goonty, Wash. -Bond
Proposals will be received until 8 p M,, SeptemOffering.
ber 12, for the $400,000 school bonds voted at the election
held July 18, 1908. Rate of interest to be named in bids.
Bi nds to be delivered $100,000 on Oct. 1, 19ii3, and a like
amount on April 1, 1904, apd Oct. 1, 1904, and April 1, 1906.
Certified check for $2,000 required with bids for each
—
Securities are all in denomination of $1,000. Interest,
semi annual.
Salem, Ohio.— Bond Safe.— On Aug. 30 the $37,000 5i 1-27
year (serial) refundinsr bonds described In V. 77, p 315, were
awarded to W. J H^yes & Sons, Clevland, at 103-666.
Sandy Hill, WHShington Coanty, N. X.—Bond Offering.—
Propot^' Is will be received until 1 p. m Sept. 1, by D. J. Sullivan, Vill«Be Clerk, for $55,000 registered paving bonds at
NEW
$100,000 lot.
Shelby, Ohio.— Bond O^eringr.— Proposals will be received
by H. A. Tucker, Village Clerk, for the
following boncis:
until 13 M,, Sept. 21,
NEW
LOANS.
GREENVILLE,
J.,
WATER BONDS.
PROPOSAI^S FOa BONDS.
Sealed bids will be received at tbe office of the
Board of Water Coromissior ers, Rahway, N. J.,
until 8 o'clock P. M., September 2d. Iw08, for
,
THURSDAY, SEPTE.>IBER
At 4
Sd, 1903,
o'clock P. M..
THIRTY THOUSANDJIDOLLARS
of
of
Rahway City Water Bonds, of the denomination
One Thousand Udllars each, dated November
Ist, 1103,
redeemable Nove nber
bearing
Interest ai the raie of four per cent per annum, payable seojl-annually on tue first days of May and
Ist.
1933,
November.
These Bonds are issued In accordance with the
provisions of an Act of the Legi-lature of the State
New Jersey. Chapter 51. session of
"An Act. to enable cities of tne third
of
SSA.dOO 00 Bridee Bonds,
For the tale of
for
the re-bnildlLe of the Draw of the Bridge Street
Bridge, over the Passaic River, between the Counties
of Hudson and Essex. N. J., to be issued in accordance with an Act entitled "A further supplement to
an Act entitled 'A supplement to an Act in relation
to Countj exoenditures' " (Laws of 1900, p. 68).
The above Issue to be four (4) per cent per annum
Reslaiered Bonds, to bear date the first dny of
Sepiembpr. 1 903. to run twenty years, interest
payable semi-annually in gold, and to be sold for not
less than par and accrued interest.
Each proposal or bid must be enclosed In a sealed
,
envelope, endorsed "Proposals for Bonds," and to
be accompanied by a cpriifif>d check enclosed
therein, drawn to the order of Srephen M. Ettan.
Coanty C'oHeclor, on some National Bank or
Troat CoinpHny for five per cent of the amouct
of the bonds biJ for.
Bidders may bid for the whole or any part thereof.
The Board reserves the rieht to reject any or all
bids, if it be deemed for the best interest of the
Connty so te do.
P.
EGAN,
Clerk.
Sio,ooo
LEWISTOWN, MONTANA,
WATER BONDSOn WednesJay,
Sealed bids will be received by the undersigned
until the tenth day of September, l«n.H, for Forty
Coupon Bonds of the School District of the city of
Greenville, S.C, of t he denomination of flvn hundred
dollars, payable twenty years after dale with interest from date, at the rate ol 6
er Cent per annum,
payable semi annual y.
A cert'ded check for $500 required to be deposited
with each id as guaranty of good faith
The right to reject any or all bldi is hereby reSM-ved.
T. Q DONAL SON,
P. T. HAYNE.
i
H.
Sept. 3Cth, lt03. at 2 o'clock p.m.,
the City Council OJ Lewistown, Montana, will geli at
public anctiou at the City Hall to the highest bidder
(sealed bids will b» received), at not less than par,
no.COO twenty-year Ave percent gold coupon bonds
of the det-ominatlon of H.000 each, redeemable
at
par in ten years from date of issue. Nov. let. 190',
Interest payable eemiaDnnally st Lewistown
or
option of buyer. Said bonds are Issued for the purpose of pr curing an additional water supply and
completing tbe construction of a water and sewerage
system
^*''' ^"^ *^-°''° payable to Gordon O.
sh^f^ifriM,*"^ Treasurer
must accompany each bid.
TT.tr® -il"^' jejHCi
">
any aiid all bids is reserved
^^A^,1f5' and
AU bids
corr6spondtnc« to bo addressed to
ALBERT PFAUS,
City Clerk. Lewistown. Mont.
J.
HAYNSWORTH,
Committee.
1898, entitled
class in this
State to improve and repair waterworks, extend the
water supply and to issue Bonds for the payment
thereof."
Interest payable at the office of the Mercantile
Trus' Company of the City of New Yotk. These
Bonds are clear of all taxes whatsoever.
1 he right is reserved to reject any or all bids.
Bids should be marked "Prop'sal for Water
Bonds," and addressJ-d to the undersigned.
HOWARD
B BUNN.
Cierk and Superintendent
Board of Water Ctmmiesioneri,
K ah way, N. J.
j$100,000
CANANDAIGUA, N.
TOWN
K. R.
and
will
certified
i Tru.'>t CompHuy.
Stales Moritjage
The bonds
be engraved under the supervision
:is to genuineness by the United
be sold to the person or persons
at the lowest rate of interest. A
certified check for 2% o' the amount of the bonds bid
for must accompany -ach bid.
Bids should b marked "Proposals for Bonds," and
be addressed to W. H. Townsend, Village Treasurer,
Canandaigua. N. Y.
Ko'- further information and blank bid address thp
Village Treasurer or United States Mortgage &
Trust Company. 55 Cedar Srreet, N. Y.
who wil
will
t>ike
RAESSLER, Mayor,
VESTMENT BONDS
OF
Y.,
New York Cuy.
The bonds
of
Bonds.
Anthon, Iowa.
I IVi
Sealed proposals will be received by the Trustees
of trie Villai^e of
anandaigua N. y.. until 12 M.
September 8. for the purchase of all or any part of
$loo.(0 Registered Gold Street-Improv-ment Bonds
of said VillaBC. t-onda to be dated October 1, )90ii
and to mature July 1. 19 8; to be of tne denomination of »l,oOO each, interest payable semi-annually
lA.,
Seated bids to be in handsof theMayorbyCo'clock
P. M., September 15, 190<. Privilege rese ved to reject any or all bids. For lnfr>rmation address,
municipalities,
Street-ImproTement Gold Bonds.
In
OF ANTHON,
5% Waterworks
Railroads
and
Corporations,
Suitable for Savings Banks, Estates, Trust
Funds and conservative private investors.
'
JOHN
C,
S.
SCHOOL BONDS.
GOLD BONDS.
By Tlrtne of resolutions of the Board of Chosen
Freeholders of the County of Hudson. Stale of New
Jersey, passed at a meeiine held Thursday, August
1903. sealed bids and proposals will be received
and opened at a Meeting of said Board, to be held in
the Court House, Jersey City,
LOANS.
^so,ooo
#30,000
RAHWAY, N.
HUDSON COUNTY
465
not exeeding i% interest. Denomination, $3,200. Date, Aug.
1,1903. Interest semi-annually at the Uuited States Mortgage & Trust Co., New York City, which company will cerMaturity, $3,300
tify as to the genuineness of the bonds.
yearly on Aug. 1 from 1908 to 1933, inclusive. Certified check
for $1,000 on a national bank, and made payable to W. Clark
Higley, Village Treasurer, required. The legality of the
bonds has been approved by J. H. Caldwell of New York
Accrued interest to be paid by purchaser. Proposals
City.
to be made on blanks furnished by the Village Clerk. Present debt, $85,458. Assessed valuation, $3.O64,07f>.
Santa Ana, California —Date of Bond Election.— Th& election in this city to vote on the question of issuing $GO,000
Maturity, Nov. 1, 1933. These bonds ;are clear
Authoiity, Chapter 51, Laws of 1896.
City,
of all taies.
The
THE OHRONICLE.
29, 1903.]
Write for Circular.
MASON, LEWIS
&.
CO.
BANKERS.
Boston.
Cblcago.
Pbtladelpbla.
them
C
J.
ANDRUSS.
WIL'Canandaigna, N.
Y.,
Rudolph K ley bolte& Co.
BANKERS,
DKALBKS IX
Village President.
E. .MARTIN. Village
August )8, 1903.
Clerk.
MUNICIPAL, RAILROAD and
STREET RAILWAY
$10,000 SHERMAN, TEXAS,
6%
WATER
offered at an attractive price.
This city has an
assessed valuation of over $5.O0O,OCO.
UARRY
B.
BONDS.
BONDS,
POWELL &
W«*dBt«olr, Vermont.
1
NASSAU STREET, NEW YORK.
CO.
Interest Paid on Daily
and Time Deposits.-
TBB CHRONICLE.
466
f 1.374 Si
S.0OO
9.f
1.000 5*
Walnut Street assessmeut brinda, raaturiaj; oue bond of $276 yearly
on March 1 from 190* to lri07, incluytve. and $874 on March 1, lUOe.
Waltiat Street bonds ^Tlllaue's proportion), maturing one bond of
$4(Ki yearly on March 1 from 1005 to 190.*, Ineloslve.
prison bonds, maturing one bond of (iOO yearly on Sent. 1 from 1906
only regular bid received.
All the above bonds are dated Sept. 20, 1903. Interest,
Accrued
1 and Sept. 1 at oflBce ot Village Treasurer.
interest to be paid by purchaser. Certified check on a Shelby
bank for $100 required.
Shelby County (P. 0. Sidney), Ohio.— Bond Sate.— On
August 04 the 131,500 5% road-improvement bonds described
in V. 77, p. 315, were awarded to the First National Bank of
Sidney at 101 '855 and interest. Following are the bids :
Mar.
$31.^75 00
I
Citizens'
Bank
$81,500 00
& Co., Ctnotn.... 81,678 75
Sioax Couter, Sioax County, Iowa.—Bond Sale.— On Aue.
34 the $4 5C0 5f 10-year gas-plant bonds, described in V. 77,
p 366, were awarded to C. M. EUinwood & Co., Chicago, for
Duke M. Farson & Co., Chicago, also put in a bid
$4,515,
for the bonds, oflfering $5 premium for the same.
Spartanbarg, 8. i^.— Bonds Proposed. It has been reported that this city proposes to issue |!00,000 improvement
bonds. In reply to our inquiries we are advised that the
question is one for the future to decide, as nothing has been
accomplished up to the present time.
Sprlnjcfleld, III.— Bonds Authorized.— It is stated that an
issue of $75,000 p^rk bonds has been authorized.
Sterling SchODl District, Texas.— Bonda Registirei.—The
State Comptroller on August 19 registered an issue of $2,000
fit 10-20-year (optional) school-house bonds, dated July 1, 1903.
Stockton, Cal.— Bond 0;^eriTjflf.— Proposals will be received until September 14 by George S. Wheatly, City Clerk,
for the :j;l60,000 i% gold electric-light-plant bonds voted at the
Date, July 1,
election held May 27. Denomination, $500.
1903,
latereat. annual. Maturity, July 1, 1943, Deposit of
5t required with bids
Bonds are exempt from State taxes.
R. Kleybolie
I
—
—
Stoneham, Maos.—Bond Sale. An is?u'^ of $3,000 4% sewer
bonds, it is stated, has been sold to .Blodget, Merritt
Co.,
Boston, at 103'17.
&
STrarthmore (Borough), Delaware County, Pa.— Bond
Sale.— On August 24 the $20,000 10 29-year (serial) streetimprovement bonds were awarded to Heyl & Major, Philadelphia, at par and interest for 4 per cents. This was the
FARSON, LEACH &
00.,
MEW YORK.
R.
^\
Oorporation
Traders' National Bank. New York City.
20,000;00 4% so year sanitary bonds, dated Aug. 10, 190a.
Denomination,
^1,00'. Interest semi- annually at office of City Treasurer.
11,107 12 4* sewer bonds, maturine part yearly from 1M(13 to lv'ii8, inclnsiye.
DenomiQHtions. nine lor $l.li5 and one for P'i \2. Date,Jaly21,
lW)iS.
Interest Bemi-anunally at office of City Treasurer.
Certified cheok, "drawn without condition as to payment,"
for 5^ of the par value of the bonds required with bids for
each issue. Accrued interest to be paid by purchaser.
Trenton, Mich.— Bond* Defeated.— This oity has voted
against the ifsuance of $8,50') bonds.
Tyrone, Pa. -Bond Sale.-On Angust 24 the $10 OOO 4;^ 20year paving bonds described in V. 77, p 417. were awarded
to the First National B^nk of Tyrone at 100-30,
&
MISCELLANEOUS.
Burr,
BOSTON.
CORDAGE.
San Francisco.
FULTON & CO.,
SEND FOR
LIST.
WAS AWARDED AT THE PARIS EXPOSITION TO
PRIOR Sb CO
BOSTON.
CLEVELAND.
MUNICIPAL BONDS.
ILLS.
OM APPLICATION.
&
R. A. Lancaster
E. C.
Sons,
121
BAKKERS,
NO. 10 TC'ALL
DMAL.XWS IS
INTESTMENT
and
MISCELLANEOUS
SECURITIES.
Soutkern 8«carltlea a
STANWOOD &
Co.,
BANKERS.
Devonshire Street,
BOSTON.
STREET,
NEW YORK.
PRIX.
street,
172 Washir^ton Street,
L.IHT
FHE GRAND
York.
INVESTMENT BONDS.
DVJINU^, OENISON,
•
New
63-65 Wall Street,
GHiOACG.
T. B. POTTER,
MUNICIPAL and onKinc
CHICAGO,
The American Mfg. Co.
MANILA, SISAL AND JUTE
Street,
la salle
E.H.ROLLINS & SONS,
CORPORATION
$300,000 CO'aii% 20-year general fund refunding bonds, dated Got. 2, IflOS. Denomination. »l.coo. interest, semi-annually at the Importers'
Municipal Bonds,
(71
BONDS.
Chleago.
Toledo, Ohio.— Bond O^ertng.— Proposals will be received
until 7:30 P. M., September 23, by R. Q. Bacon, City Auditor,
for the following bonds :
BOSTON,
AMD
Denver.
1910.
1903.
60 State
B08T0II.
MUNICIPAL
Service
1,
Tofle (Town), Cook County, Hinn.— Bond Offering.— FroposaU will be received until 10 a m., September 19 by the
Board of Supervisors— C. A. A, Nelson, Chairman -for |35,000 6% 20-year road bonds. Authority, Chapter 36, L-twa of
Perry, Coffin
PHIIiADELPHIA.
Public
Sept.
INVESTMENT BONDS
Public Securities,
CHICAeO.
Thermopolis, Wyo.— Bond 0/?'«r»ng.— Proposals will be
received until 8 p. m., September 7, by Ira E. Jones, Mayor,
for $30,000 6% 10-30-year (optional) water bonds. Dauomination. $500.
Date, Sept. 1, 1903. Interest, semi annually at
the Hanover National Bank, New York City, or at the First
National Bank of Chic*igo. Authority, election held May
13, 1903, the vote being 119 for to 5 against.
The town has
no outstanding indebtedness. Assessed valuation, $190,000;
real val ue about |400,000.
Certified check for $500 required
Tifliut Ohio.— Bond O^ering,— Proposals will be received,
until 11 A. M., Sep^ 9, by the Finance Committee of the City
Council at the office of John E. Diemer, Clerk of Council,
for $5,500 4% Hall Street improvement bonds. Denomination, :f500.
Date, Sept. 10, 1903. Interest, sem-iannually on
March 1 and September 1, at the office of City Treasurer.
Maturity, $500 Sept. 1, 1904, and $1,000 yearly from Sept. 1,
1905, to Sept. 1, 1908, inclusive; $500 Sept. 1, 1909, and $500
INVESTMENTS.
INVESTMENTS,
For description of bonds, sea V.
77, p. 368.
to lyiO, inolnslve.
First Nat. Bank. Sidney
LXXVII.
[Vol.
MacDonald, McCoy & Co.,
9UKICIPAL MMD CORPORATIOf
WHITING'S STANDARD
PAPERS.
They are the only American papers which hare
ever received this— the highest honor that can be
conferred.
It means they are the most perfect
made. Ineiat on havlnK them for your fine corre«pondence and yonr oflHce stationery. Are yoa lutiiff
WhltlnK's Ledger Papers bi your Blank-Bookl.
Samples and booklet free.
WHITING PAPER COMPANY,
HOL.YORE, MAHS.,
New York.
And 150 DuANE Street
SECURE BANK VAULTS.
Sjpeclalty.
BONDS.
Blodget, Merritt
&
Co.,
BANKERS
16
Congress Street, Boston.
3« MA88AD 8TKEET,
MEW YORK.
8TATE. CITT k RAILROAD BOND!^.
I7Z
La Salle
Street, Chicago.
GENUINE
BOSTON.
WELDED CHROME STEEL ANDIRON
4 State Street,
nan and 5'PIt Plates
FOR 8AFB8, VAULTS, Ac.
Sound and Flat
Kansas Municipal Bonds
BouKht and Mold.
D. H. MARTIN, Topeka, Kan.
Oannot be Sawed. Cut or
Drilled,
and Aiuil*
and poiltlTSlr
Borslar Proof.
CHROME
STEEL.
WORKS,
Kent Are., Keap and Hooper Sta.,
BROOKLYN, H. T.
SaleUan'f'erilntheC.S
August
THE CHRONICLE.
29, 1903.J
Waco, Texas.— Bonds Voted and Defeated.—The election
held July 28 resulted in favor of issuing the $500,000 water
bonds and against the issuance of .the $100,000 electric-light
4i 30-year boncJs.
WakeHeld, Mich.— Bonds Defeated.— We are oflacially advised that the election held recently to vote §10,000 lightingplant bonds resulted against the bonds and not in favor, as
was
offerings were
tisements.
at first reported.
Bonas.—We are advised that the $63,500
funding bonds awarded on August 17 to N, W. Harris «fe Co.,
Cflioago, at par for 43^ per cents, are dated Sept 1, 1903, and
Description of
WellBVille (Mo.) School District— Bond* to be Issued.—
This district will shortly offer for sale $9,0(J0 i% bonds. Denomination, $500. Interest semi-annual.
Whitewright, Tex.— Bond Offering.— Wm. Payne, Mayor,
is offering for sale $8,000 6% 5-4U year (optional) water bonds,
dated Aug. 1, 1903. D<^nomination. $500. Interest annually
at the National Park Bank, New York City. Bonded debt,
$1(1.000.
Assessed valuation, $895,687.
Whitney (Tex.) Independent School District.— Bonds
Toted.- This district has voted to issue $8,500 school-building
semi-annual.
Wapabuneta, Ohio.— Bond O^ertngr.— Proposals will be receivea until 13 ji September 7, by Charles E. Fieher, Village
Clerk, for $16,800 5^ sewer district No. 3 bonds. DenominaDate, Sept. 1, 1903. Interest, January 1 and
tion, $840.
July 1. Maturity, $840 each eix months from Jan. 1, 1904,
to July 1, 1918, inclusive. Cash deposit of $800 required
,
with bids.
Also at the same time and place for $3,500 5;^ street improvement bonds of $5D0 each. Date, Oct. 1, 1903. Interest,
semi-annual. Maturity, $500 yearly on April 1 from 1905 to
bonds.
Winnetka School District No.
Bond Offering. — Proposals will be
Cook Gonnty, III.—
received until 8 p. m.
August 31, by Morris L. Greeley, President Board of Education, for $16,500 5% bonds.
Denomination, $500, Interest,
semi-annual. Maturity, $3,500 on Sept. 1 of the years 1906
1911, ic elusive.
Bond Offering,— Propo3&la will be received until 12 M.,
Cotober 1, by Charles E. Fisher, Village Clerk, for the following bonfis
$1,500 5% Wood Street sewer bonds of *:100 each. Date, Oct. 1, 1903. Maturity,
from 1904 to
ia08, Inclusive.
Cash deposit of
required
3.600 6% East Benton Street sewer bonds of $520 each. Date, Oct. 1, 1903. Maturity, one bond yearly on Jan. 1 from 1904 to 1908. inclusive. Cash deposit (if tioo required.
2.800 6» South Blaclfhoof Street sewer bonds of 1580 each. Date, Sept. 1, 1903.
Maturity. »5(5o yearly on Jan. 1 from 1904 lo lb08, inclusive. Cash deposit f »150 required.
2,400 6» West Pearl Street sewer bonds of 1480 each. Date, Sept. 1, 1908.
Maturity, I4S0 yearly on Jan. 1 from 1904 to 19l8, iiiclusive. Cash deposit of $1< required.
2,500 5* Bellefontaine Street sewer bonds of I50n each. Date. Oct. 1. 1903.
Maturity, one bond yearly on J»n. 1 from 1901 to 1908, Inclusive. Cash
deposit of 1100 required.
,
Winnsboro, Tex.— Bonds iiffli tsfered.— School-house bonds
amount of $15,000 were registered by the State Comptroller on Aug. 21.
Date, Aug. 1, 1903. Interest, 4^. Mato the
turity, 40 years, subjt ot to call after 20 years.
«
Wyandotte County, Kan. Bonds Registered.— The State
Auditor on August 21 registered $115,000 refunding and
$128,000 funding bonds of this county.
Wyoming, Olilo.— Bond* Not Sold.— We are advised that
the $5,000 4^ refunding bonds described in V. 77, p. 164, were
not sold on August 18, all bids received being irregular.
"Bonds will be re-advertised later on."
Interest, semi-annual.
Accrued interest to be paid bv
purchaser. The above offering supersedes that for Sept. 7
published on pege 867 of the Chronicle Aug. 15. The earlier
INSURANCE.
MISCELLANEOUS.
1850.
3(>,
to 1911, inclusive, and $1,500 Sept. 1, 1912. Certified check
for $200, payable to the President of the Board of Education,
required.
:
1
of errors in the adver-
rejected.
mature Sept. 1, 1933, subject to call after Sept. 1, 1913.
Interest,
Denomination, $1,IJ00, except one bond for $500.
will
one bond yearly on Jan.
withdrawn on account
Warren, Ohio.- Bond* Authorieed.— The City Council,
according to local papers, has authorized the issuance of
$1,600 School Street and $8,700 Harmon Street paving bonds.
Warwick, N. Y.—Bond Sale.— On Aug. 17 the $23,000 i%
water bonds described in V. 77, p. 316 and 267 were awarded
to the First National Bank of Warwick at 100'066. Bonds
are dated Oct. 1, 1903.
WellstOD, Ohio.— Bida Be/ecfed.— All bids received August
19 for two issues of school bonds, aggregating $17,000, were
Walla Walla Coonty (Wash.) School District No. 1.—
ST.'i
467
1903.
The United
States Life
Insurance Co.
ATLANTIC MUTUAL INSURANCE COMPANY,
New York, January 20th, 1903.
_,
_
^
„
The Trustees, xn Conformity with the Charter of the Company, submit the foliowmg statement of
its affairs on thejist of Decent 6"e r, iqos
Premiums on Marine Risks from l6t January, 1902, to 3l8t December, 1902... $3,293 079 76
Premiums on Policies not marked off 1st January, 1902
791,851 53
.
;
THE CITY OF NEW YORK.
IN
John
P.
Munn, M.D., President.
Total Marine FremiumB
Premiums marked
Finance Committee:
off
WILLI AJVI H. PORTER, Pres. Cliem. Nat. Bank
"
"
establlehed and profrresslve Company, thereby
securing for themselves not only an Immediate
return for their work, but also an Inoreaslijg
Income
commensurate
with
at the Company's Oflice, 277 Broadway,
York
their
Invited to communicate with
E. COCHRAN, 3d Vice-President,
are
RICHARD
—
Losses paid during the year which were estimated
in 1901 and previous years
$288,529 63
Losses occui-red, estimated and paid in 1902
1,258,611 19
Active and successful Agents who desire to
make DIRECT CONTRACTS with this weU-
annual
from 1st January, 1902, to Slst December, 1902
$3,284,527 73
$293,165 92
"
less Taxes
122.523 04
$415,688 96
Interest received during the year
JAMES R. PLUM
Leather Rent
CLARENCE H. KELSEY,Pr.Tit.Guar.&Tr.Co.
enccess,
$4,034 931 29
New
City.
Assets, over $8,600,000.
Insurance in Force over $45,000,000.
$1,547,140 82
Less Salvages
Re-insurances
$118,295 96
83.905 68
Returns of Prendums and Expenses, $477,850 08
$1,344,939 18
The Company has the following Assets, viz.:
United States and State of New York stock; City, Bank and other Securities
$5,391,199 00
Loans eecured by Collateral, and special deposits in Banks and Trust Company 1,497,088 76
Real Estate corner Wall and William streets, cost
$2,667,000
Advanced on account of Real Estate and Lien held thereon
300,000
Other Real Estate and Claims due the Company
75,000 3,032,000 00
Premium Notes and Bin Receivable
Cash in the hands of European Bankers to pay losses under
The Investment
Company
•
$2,0(10,000
Profits, $1,000,000
This Company andertakea the negotiation and
laane of loans and capital of Companies on the New
York or Philadelphia Market, and will make advanees upon approved Corporate, Personal or Real
Istat« seCTuitr.
Cnder Iti charter rights It will act aa Trnstee.
Ajcent or Manager for the control of corporations or
tor the construction of pabllc or private works.
Allanllo Itlataal Inaorance Company Hcrlp
of All Years BonKht and Sold.
JOHN M
G.
E. DODGE,
CORNELIUS ELUERT.
RAVEN, President.
A PARSONS.
49-51 Wall Street,
NEW
YOBfi
Review 1875-1903.
The 29 annual issues. Price, $43.
Since 1885. $2.
WILLIAM B.
76!^
Pine
Single issues
CO.,
cor. Pear!, New York.
DANA
St.,
VICKER8
&
rice-Pres't.
PHELPS,
New Yorif.
INVESTinENT BROKERS,
aiQHKST GRADE RAILROAD
29 Wall Street
BONDS.
Secretary.
W. H. H. MOORE,
LEVI P. MORTON.
HENRY PARISH.
FREDERIC A. PARSONS,
DALLAS B. PRATT,
GEORGE W. QUINTARD,
A. A. RAVEN.
.TOHN L. RIKER,
DOUGLAS K0B1N80N.
GUSTAV H. SCHWAB.
WILLIAM C. STURGES.
CLEMENT A. GRISCOM,
ANSON W. HARD,
JOHN D. HKWLKTT,
LEWIS CA9S LEDYARD,
FRANCIS H. LEGGETT,
CHARLES n. LEVERICH,
LEANDER N. LOVELL,
GEORGE H. MACY,
CHARLES H. MARSHALL.
(
A. A.
STANTON FLOYB-JONES,
TRUSTEES.
EWALD FLEIT.MANN.
GaSTAV AMSINCK.
JOHN N. BEACH.
FRANCIS M. BACON,
WILLIAM K. BOULTON.
VERNON H. BKOWN,
WALURON P. BROWN,
JOSEPH H. HAPMAN,
GEORGE C. CLARK.
JAMES G. DB FOREST,
WILI>IAM
GILLESPIE,
$11,430,060 56
interest on the outstanding certificates of uroflts will be paid to the holders
thereof, or their legal representatives, on and after Tuesday ,"the third of February next.
The outstanding certificates of the issue of 1897 will be redeemed and paid to the holders
thereof, or their legal representatives, on and after Tuesday, the third of February next, from
which date all interest thereon will cease. The certificates to be produced at the time of
payment, and canceled.
A dividend of Forty per cent is declared on the net earned premiums of the Company
for the year ending Slst December. 1902, for which certificates wiU be issued on and alter
Tuesday, the fifth of May next.
By order of the Board.
No. 513 Atlantic Bnllding,
Financial
188,675 59
262,607 84
Six per cent,
F.
Eoom
payable in
Amount
Horth American Bldg., Pliiladelphla.
Capital Stock,
1,058,489 37
policies
foreign countries
Cash in Bank
of Philadelphia,
Sarplas&UndiTld.
202,201 64
CORNELIUS ELDERT, 2d Vice-Pres't.
THEO. P. JOHNSON. ?rf Yice-Pres't.
J^owcst Prices for
Good Work.
STOCK CERTIFICATES-'\^,Tt,\U2l
SkiI. Prf.s.vra $1
50
;
with lock and key
i-i
50.
p/j iun C—Engraveil mid
OUnuM LithfiKriptied LithOKraphed, or partly
and partly type printed.
A
large aasortment of bo^der^', tint^ and vignettes.
AI.BEKT
B.
KING
«k CO..
Engravers and Lithocrapbera.
(Telephone Connection.) lOa William St.,
N.Y.
THE CHKONICLB,
468
©ompanitB.
Svtist
BEAUMONT
FIDELITY TRUST
TRUST
COMPANY,
CO.,
BEAUMONT, TEXAS.
New York
•2'i
BL
NEAVARK,
Pine Street.
139 Cannon
St.
Chlcaco,
L.a Salle Street.
BARTON. Vice- PreildenU
Hon. R. C. duff. Vice- Presldenl.
JASON C. MOORB, Treaiurer.
HORACE H. LANKY, Secretary,
ALFRED n. EVANS, A«st. Sec
eompanles.
CONTINENTAL
BANK & TRUST CO.,
FORT WORTH, TEXAS.
Crartxrkd, July 26,
1870.
Transacts SKeneral banklns; business, nccepti and
pays Interest on savlnKS deposits, acts as aKent for
any approred Hnanclal business, manaKes and sells
real estate, looks after estates, makes real estate and
other loans and investments tor clients, oondncts
mortKaRe foreclosures, takes charise of lltiRatlOB
and aoes a general fldnciary and trust business.
G.
OFFICERS AKD DIRECTORS:
WILKINSON, President.
D. T.
BOMAR. Ist Vlce-Prealdent.
D. B. KEELBR, 2d Vice-President.
A. M. YOUNG, Cashier.
K. H. Carter.
Morgan Jones,
Geo. Thompson.
E. P.
W.
Bomar,
J.
B.
OFFICERS!
W. FlonmoT
A. H. Rntherfoord.Traas
H.P.Paffe.BecAAndltor
Hathaway, General Manager.
J as.
W. Alexander.
Jamea H. Hyde,
Leslie D. Ward.
Edaar B. Ward.
Railways and Light Co.
of America,
MA2
t
DIRECTORS:
HARRY RUBBNB,
GRAEME STEWART
Rednond.
S.
Charles A. Felek,
BARLING.
MAX PAM,
CHA8. T. BOYNTON,
P. A. VALENTINE,
A. J.
Bernard Stranss,
JohnC. EUele.
^Vm. B. MaintTre.
Wtlllan Scheerer.
Anthony R. Kuser,
Schuyler B. Jackson. Henry R. WInthrop,
Mark T, Cox,
Uxa.i H. McCarter,
Jerome Taylor.
Henry m. Doremns,
Was. N. Color Jr.
Otto H. Kahn,
Wlillain H. Staake. Jacob E. Ward,
Robert H. lYIcCarter,
Forrest F, Dryden.
Thomas N< McCarter.
THOMAS
FRANK O. LOW DEN,
8ANKINQ,
B,
LYON
ALEX. H. REVBLL.
CHARLES Q. DAWBS.
SAVINGS AND
DEPARTMENTS.
TRUST
,
Maryland Trust Co.,
W. Corner Calvert
nnd German Streets.
BAIiTIITIORI<.
CAPITAL, - - $2,125,000
SURPLUS, - - $2,437,500
N.
The Merchants*
Loan & Trust Companyt
Chicago.
BSTABLISHBD
1867.
AND SURPLUS, 80,000,000
GENERAL BANKING.
CAPITAL.
Accounts
,
B. C.
Henry
John F. Drrden,
DAWBS.
President.
Vice-President.
A. UHRLADB, Vice-President.
liAW^RBNCB O. MURRAY, Secy 4 TrnslOffloe?
WILLIAM R. DAWES. Cashier.
L. D. SKINNER, AssU Casbiet
MALCOLM MoDOWBLL, Asst. Secretary,
PAM, General Counsel.
a.
W. IRVING OSBORNB,
Aaat. Sec. St Asat. Treaa.
DIRECTORS
94,000,000
1,000,000
CHARLB8
UZAL H. ItloCARTER
Prealdent
JUUN F. DKYUEN,
VIee-FresldenI
JEROME TAYLOR
Trnat Offleer
PREDERICK W. EGNER. See. and Treaa.
JAUES U. SHACKLETON,
V. Goode.
C. Stripling.
Wm. Middendorf Pres.
E. L. Williams, Vice- Pres.
J.
Capital,
Surploi,
89,000,000 00.
D.
ILLINOIS,
CHICAGO
Profits
over
Doe* a General Trust Company, Fldaol•ry and Banking Bnslnees, and has special
facilities, botli here and abroad, for handling
Railroad and all other Good Seourltle*.
Executes trusts of every description, and acts
as fiscal agents and registrars for approved
J.
OF
J.
& Undivided
Capita/, Surplus
W. THOMPSON, Prealdent.
J. H. BAILKT. Vlco-Pregident.
I.
N.
CENTRAL
TRUST COMPANY
London, England,
City,
1S9
[Vol. LXXVII.
Solicited,
Tnut Department,
A
Legal Depository for Court and Trust Funds.
SAFE DEPOSIT BOXES KOR RENT.
Acts as FinaDcial Agent lor States, Cities, Towns,
Rallioads and other Corporatons. Transacts a
general trust buiiines!). l^ends moHey on approved
security. Allows interest on spedal aepi>sUs. Acts
as Trustee under Morticaees. As^lenments and Deeds
of Trust, as Avent for ihe Transfer or Keslstratlon
of Stocks and Bonds, and for the pajmeut of coupons, interest and dividends.
J WILLrox BROWN. President.
UENRY J BOWDOIN,
Foreign Department,
Savings Department,
Safe Deposit Vaults,
Iti rectors:
Wm. A. Marburg, J.WillcoxBrown, J. A. Tnmpklns,
B. N. Haker.
H. J. Bowdoia,
S. Manddbanm,
Leopold Strouse, Kred'k W.VVood John Pleasants,
llenry Walters,
And rewD. Jones J. L. Bl'.ckwell.
B.Brooks Jr., JoshuaLeverinu Geo. C. Jenkins,
John S. Wilson,
LIuyd L. Jackson, James Bond,
O.A. vonLlngen. J. S. Lemmon,
H A. Parr,
DIRECTORS:
Field,
Gyms H. McOormick,
Marshall
Albert Keep,
A. H. Burley.
Ellas T. Watkins,
Enos M. Burton,
B. D. Hulbert,
KXIOITTIVI OWWICMB
COMTIMBMTAL. TRUST BUILDING.
1st v ice-Presldont.
LLOYD L. JACKSON, 2d Vice President.
A LLAN McLANB. 3d Vice-PresldenL
CARROLuVAN NKS3. Secretary ft Treas.
L. S. ZIMMERMAN, Asst. Secy ft Asst.Treas.
High Grade Bonds,
Lambert Tree.
W
Krskine M. Phelps,
J. VVeatworth,
Moses
K. H. Gary,
Orson Smith.
Clayton C.Hall,
L. F. Loree.
BALTIMORE, MD.
FJnanoei, Bnilds, Purchases Eleotrlo Bailwayi
Miectrio Lighting Properties, Waterworks.
Im
Plants, etc Examinations made and reports fir
alahed on all classes of tndnstrial properties.
EXECUTIVE OFFICE,
59
CorreapoDdenoe Solicited
Bureau
Acts as Registered Acrent
and
of
Expert Investigation & As
Construction.
Tho
Inyestlgatlon of properties, franchises, patents,
•ta. Tests, plans and specifications,
Superylsion
Of oontracts and management of properties.
35
NASSAU STREET. NEW YORK.
Telephone 8214 Cortlandt
RANGE OF PRICES
WOH go
CEDAE STREET, NEW YORK.
02.
OUR ANiniAL
THE FINANCIAL REYIEW
eiTSt a monthly ranee of St^jck and Bond Prlcei
for Are years.
C. C.
WM.
lasne gUea
Issue gives
Issae gives
Issne gives
1888-1867
1888 1882
CUYLiER,
Cnyler.
Morgan 4 Company.
COLONIAL TRUST COMPANY,
Broadway, New
Paul
lH98.1>-e7
PER COP7.
ST..
NEW
VORK..
York.
Bnlldlng, 222
Capital, Surplus
and Undivided
Profits,
$2,400,000.
Transacts a General Trust and Banking Basiness.
Alloirs Interest on Daily Balances.
OFFICERSi
E.
BORNE,
President
RICHARD DELAFIKLD,)
CORD MKYKR,
^ Vice-Presidents.
JAMES W. TAPPIN.
)
ARPAD S. GKOSSMANN, Treasurer
EDMUND L. J UD80N, Secretary.
PUILIP
S.
BABCOCK, Tmst Officer.
TRUSTEES!
Ifce8-190«
DANA COMPANY,
B.
70^ PINE
Jersev
OSCAR Li. GUBELMAN, Treasurer Commercial Trust Company of New Jersey.
JOHN W. aAKDENBKKGU, President Commercial Trust Company of New Jersey.
ROBERT W. ROSS, Vice-President Commercial Trust Company of New Jersey.
W1M,IAM C. SHERWOOD, Vice President of the Company.
EDItlCND W. WAKE1..EE, Treasurer of the Company.
GEOKGB W. YOUNG, President United States Mortgage 4 Trust Company,
JAMES C. YOUNG, President National Realty Company.
JOHN
$2
New
AND
Transfer Agent and Registrar for Corporations of all States.
NEW JERSEY OFFICE, 15 EXCHANGE PLACE, JERSEY CITY.
DIRECTUHS.
St.
PRICE.
in
New York
TBJLMB.
188 3—19
laes
1898
1888
leoe
Corporations
for
Henry O. Havemeyer, Daniel O' Day,
Percival Kabne,
Anaon R. Flower,
I^owell .M. Palmer,
Frank Cnrtlna,
John E. Borne,
Vernon H. Brown,
Richard Delafleld,
Seth in. lYIUIIken,
W
Cord .Meyer,
Ferry Belmont,
Wm. T. Ward well,
Henry
N.
Theo. W.
Sewrira Webb
Whitney,
IVlyera,
Li.
C. Desiiar.
Geo. Warren Smltk
John S. Diokerson.
Jamea W. Tappln,
Geo. W. Qulntard.
@FedFRASER