The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
..
«
.
.
4
1
(7 V
3
1
s
1
4/^F
iranr al
'.
i
^Inminttnal^ronirlf
[Entered according to Aot of Congress, In the year 1900, by the William B.
VOL
Dana Company, In the offioe of the
SATURDAY, AUGUST
71.
4,
Librarian of Congress.]
NO.
1900.
1832.
CLEARING HOUSE RETURNS.
The week's total for all cities, shows a loss of 9 5 per cent
For the month of July the clearings make a slightly less from^l899. The increase over 1898 is 21*7 per cent and the
satisfactory exhibit compared with a year ago than in Juae. excess over 1897 is 28 1 percent. Outside of New York the
Contrasted with the month of 1699, the aggregate for the decrease compared with 1899 is 2-9 per cent, the gain over
whole country records a loss of 12 '3 per cent. For the six
1898 is 29'8 per cent, and the excess over 1897 reaches 39*1 p. c.
months the decrease is ll'l per cent.
Seven Months.
July.
Week, ending July 28.
Clearings
1900.
1899.
P.Ct.
1900.
1899.
at—
P.Ct.
1900.
1899.
1900
P. Cent.
1898.
1897.
$
3,551.7 H.934 4.420.356, 113
New York
Baltimore
Buffalo
Washington..
Alb in v
Rochester
Syracuse
nou
Scr
401,786 95
105.335 69
93,995. 470
20,382 464
10,363 ,848
10,114 l67
7,5«9 42
4,906 366
4,512 43*
3,883 495
!-8\646,89<
134,335,109
87,91 8,w05
91,433,516
10,229.524
ll.H0H.9y6
8,164,440
4,8oa,720
4,603,278
4,135,039
Philadelphia.
Pittsburg
Wilmington..
-19 7 30,065,9-5 052
—3 7
IS
6
5
+5 2
-1 S
+11 8
+7 6
-2 J
+2 1
+6 5
2.756.509 480
9 0,245 187
65' 1,370 361
147,613 081
79.615 471
82.816 860
63.798 296
34.312 0*0
33,819 35'
28,373, 813
12,155 500
1,7«0 >00 -2' 3
L720.500
Bingbauiton...
Total Middle C228.909.904 6,086,887,636 -169 34.905,514, 5 ix
Boston
481,653,114 621,914,777 -22-8 3.596,367, 595
18n,8rto, 700
27,871,400
26,309,400 +5-9
Providence...
12,307.51
12.W57.712 -6
77,700, X63
Hartford ...
7.609,711 -12-1
44,6 0, 680
6,6*5,939
New Haven..
39.249 117
5,723.767
10,294,855 -44*4
Springfield. ..
-15-2
38.225, 4 50
Worcester....
5/ 29,2718
6,641,682
31,595, 787
Portland
4.713,610
6,510,487 -27-6
3,019,202
24.416 4(13
Pall River....
8,222,372 -63
Lowell
New Bedford.
Total N. Bng
Chicago
Cincincati
Detroit
....
Indianapolis
Peoria
Toledo
Grand Rapids.
Dayton
Evansville.
Younestown
.
8pringHeld,Ill.
Lexington
Akron
Kalamazoo....
Saginaw
Rockford
2,779,730 -34'6
22,968,454
22,394,800
13.511,438
8 073,«48
9,708,912
5.154,*47
5.103,471
3,429,680
1.482,7w7
1,931,963
1.95H.000
1,915,400
1.612.557
......
M.West
816~813.403
85,082,631
9.X82.749
8,705,867
10,092,375
18.832,530
4,524,438
4,105,204
2,871.0
1,201,544
682,470
Portland
Los Angeles..,
Seattle
Spokane
Tacoma
Helena
Fargo
Sioux
Falls....
Total Pacific
Kansas
City...
Minneapolis...
Omaha
St.
Paul
,
Denver
,
St. Joseph....,
Des Moines
Davenport,...,
Sioux City
Topeka
Wichita.
Fremont
Hastings
,
Tol.oth'rW
Louis.
Orleans.
Louisville.
St.
New
Galveston
..
.
Houston
Savannah
Richmond....,
Memphis
Atlanta
Nashville
,
47.371, 713 +14-8
39.430, 627 4-295
25,580. 515 4-30
18,550, 788 4-12-7
14,440, 305 4-1* "4
14,968, 367 +208
5,895, 527 +0-4
3,579, 185 +20-7
3,536, ,686 4-14-1
2,383, 736 +63-6
2,012, 225 -0-3
633. 308 +2-1
535, 5r>9 +60 8
203,561,936
130,411.366
84,942,931
33.931,120
9.000.000
9.542,038
16,742,274
17,013,920
7,743,117!
6.037.617
5,434.839
5,868,6H8|
1
,
,
Norfolk
Augusta
Knoxville
Fort Worth..,
Birmingham...
Macon..
Little Rock..
.
Chattanooga...
Jacksonville..
145,430,928
54,374,608
51,051,098
26,336,384
20,913,754
16,227,159
18,076,000
5.921.935
4.819,783
4,034,763
3.898,778
2,005,153
514,241
858,290
3,196,730
2,180,111!
3,708.828
i
3.250,387!
2.700,000'
1,519,0971
1,168,051
178,818, 541
+ 16 «
130,951, 120
-0 4
26.904 316 +29 v
33,816, 073 +0
9,920, 850 -9
8,924, 2«6 +6
9,034, 496 +86'
13,984, 010 +21
6,776, 292 +14
5,507, 843 +9
5,5x5, 190 -2
5,567, 032 +5
3,673, 988 -13
2,^04, 117 —10
-8'
4.068, 21
3.144. 912 +3
1,809, 000 4-49'
1,356, 553 4-11 8
1,602, 603 +11
821, '360 +16 6
957,605
Total South
295,84 7,004 27 5,952, la6
Total all... 6,247.278 781 7,128,749.393
Outside N. Y 2.6957563,817 2,703,383. 280
Montreal
58,000,000
63.756 962
Toronto
44,400,181
40,569, 471
Winnipeg
9,895,425'
8.169, 59S
Halifax
7,1X4,7571
4,742, 142
Hmnilton
8,194,785;
3,304, 933
St John .......
8,684,135
2,753, 616
Victoria
2,989 456;
3.087, 93'
Vancouver..,.
4,286,189
3,355, 145
Tot. Can aria
iq3.134".918T 129.739.553
tW
+7 5
-12
—
0'
-9
403.808,884
310,134,045
182,051,397
138,234,439
124,612,616
125,296,141
43,896,691
26,244,616
33,182,942
20,523,121
15,093,616
4,181,447
5,219,998
s 19,357.793,183
Washington.
Albany
Rochester
Syracuse
Scranton
Wilmington
Binghamton
Total Middle
Boston
ll,3:il,300
New Haven
Springfield
Worcester
Portland
Fall River
Lowell
New Bedford
Total New Bng..
Chicago
519.291,808,131
413.781,140
+9' 4
294,564,8t7
+15 «
59/91.823
4-51
8|
43.024.23?
23,083,90»
19,986,87?
18.452,019
24.818.65S
4-2-6'
897.5K1 4«6
'6
-3 3
433 8
-3 21
+27
Table Clearings by Telearraph on pare
'.£15.
18,674,400
8,044,211
10,665,005
5,286,410
4.849,700
2.918,801
1,653,648
2,231,872
1,112,851
1.050.714
744.218
32M.569
Cleveland
Milwaukee
Columbus
Indianapolis
Peoria
To.edo
Grand Rapids
Dayton
Evansville
Youngstown
8pringfleld, 111
3
Lexington
23,69rf,H15
+10-7
27,799,306
16,555,478
14,30 i.670
3,695,60"
3,925.440
4-19-4
+24-0
+5-5
+13-2
+32-9
+19
+21
+15-9
+9*4
+2-7
4-22-8
4-88-1
+io-o
-34-9
--18-3
--10-1
--35-3
- -29-3
-5-1
+1-0
-40-5
-27-4
--31-7
-
--193
19-3
+11-6
—111
+1-3
457,433,369 —9-6
289,141,040 +1-9
61.419,241 +16-3
36,551,584 4-17-7
22,650, «08 +2-4
17.83S4.330
116 475,865
Cincinnati.
Detroit
Akron
Kalamazoo
+12
•18
18,798 574
2'>.2 64.053 4-225
914.00 I.49H -18
,
Saginaw
Rockford
Springfield, Ohio..
Canton
Jacksonville, 111...
Tot. Mid. West'n
San Francisco
Salt
Lake
City.....
Portland
Los Angeles
Sioux Falls
Total Pacific
Kansas City
Minneapolis
Omaha
St.
Paul
Denver
Joseph
Des Moines
DavenportSioux City
St.
Topeka
Wichita
Fremont.
Hastings
Tot. other West.
St. Louis
New
Orleans
Louisville
Galveston
Houston
Savannah
Richmond
Memphis.
Atlanta
Nashville
Norfolk
Augusta
Knoxville
Fort Worth
Birmingham
Macon
Little Rock
Chattanooga
4,504,6 16
2,037.114
2,20i.Xi6
1,317,641
1.000.W2
1.078 910
878 973
665
,
,
,
,
,
108.649,028
12.804.309
7.156 386
8.667.461
5, 100,81
5,( 04 900
2,3*8 623
1.641.727
2,874 941
1,110 808
1.068.5X5
837.870
2X3.377
417.259
339. »H7
378.800
339 2 17
488.517
471,70o
857.122
Publica' ion suspended.
277 380
27i.l98
298,460
220.310
274,907
200.977
131,481
118,138
Hamilton
St.
John
Victoria
Vancouver
Total Canada....
623 533,109
£0 654 521
—6R
64t.628.337
61,403,904
17,133 641
16,914,557
3,896,392
1,484 082
+21-7
1,479.142
-111
1,194,153
962 083
+9 9
+166
874,812
749.-10
319 900
74W.337 500
839,957
948.793
652.982
299.000
+307
+06
—87
+76
-5 4
—11-7
—25
6
—86
-6-3
-8-2
—800
—19 6
-36 5
-83 9
+17-8
-61-9
-26-5
+7 2
+6 8
+124
+23
2
+86
-81
+23
+0 7
-60
+02
—111
+448
—16 1
+439
+246
80.283.662
10.445 204
7,874.449
6.319.320
4.651.515
13.040966
9,100 9X0
6,117.853
4.823,363
8,463,538
3,722 H30
1,132,136
796,476
809 969
944 278
532 49"
90,742
176,374
44.750 773
27 904 201
7,186 884
6,597,656
9,427.600
2,462.665
8.4P3.128
3,262 109
1.714.754
1,116.378
1,036,682
1.802 712
729,748
486 6S7
874.324
872,991
639.0O0
862,370
366.318
208,763
l,451.1"6
916
72X
217
197
29.720.110
678
920
633
9*6
1,119424
1,055717
1.2a7,746
696,638
467,387
J
500,f
883 668
i
99,8o3,33a
87,510.843
99,283,666
SO 721.643
10 644.750
5 070,500
5,018,675
4,074,280
3,898.900
2,096.143
1.477,137
1,938.109
10,o62.i 60
6,900.454
6,323,130
4,086.988
8,7(16.800
2,708.0X8
1.214.477
2,097 619
230,4 18
+53
321,400
276,929
840 198
246,700
265,021
'+08
+34 6
+36 8
193,700
167,46
161,554
149,778
144,231
129.601507
117 118,856
14.064 985
1,445.926
1,382.101
1,054.814
99o,7l8
613,808
600.000
4M4.«05
15,089.716
1.494 039
8 J 6.988
1,003 475
724.344
547.918
424,344
426,000
—166
-8 3
28.542 874
1,140587
630 008
5 5.2I5
672,905
19 926 326
1,731. 7P1
148 722
87.077,879
4,298,100
1,745,663
1,183,534
61*0
16,620,761
1.400 0'
1.617.55H
2.899,302
1,1 86,6 28
1,072,846
616.988
213,530
716 838.231
87.092,084
4 124.900
2,092 798
1.244 29f
1,280,137
1,243.346
629.302
665.277
331 050
310,948
+11-8
+7-8
1,542,388
1.880.324
3.918,129
914,080
1,045,767
660,283
211 622
135.2H7
18,332,869
15.138.378
3,577,682
1,667,077
772 933
159.292,794
+10
2
+163
+63-3
—18-8
—2-5
+7
-0-9
-90
—67
+24-8
+1M-8
693
238.768
145405
150 000
68211
83.812
63,718
20,890 267
20 724117
9,631, '81
8.191,164
6,312.533
4.067.960
2,928.499
8,0 5,445
8/64.251
-005
3.657,0^4
1,240,408
585 06«
—91
5 301.563
6,220,831
8.524 978
2,686.209
2,451.661
818.013
486 1
+121
516 980
642 471
+59-4
471.403
515 101
80,042
90.762
823 089
375 026
79 988
81.849 039
23,043.375
6,498.842
26.168,311
5.931,734
2.038.060
1,909,078
6,639,840
1.428.750
1,539.143
1,678,124
1,947 233
722 045
592 3M9
525,853
126.350
108 000
40.017.918
27,345.188
6.111.740
6,358,412
1,962.950
8.354 509
2 034,002
2,^51.883
1,316 164
992 038
1,116 885
1,176,853
780.341
481.521
8 0,079
625,279
395 000
262,710
2P0.773
197 666
!,
Jacksonville
Total Southern..
63,884 720
57.156 986
Total all
1,316.696 467 1,454.585.315
Outside N. York.
532 916,967
578.619.230
Montreal
14 548 635
14,034 489
Toronto
8 99* 148
7 680 09*
Winnipeg
2,145 359
1.923 576
Halifax
-13-9
—4-1
171,679496
1614,873
,
Seattle
Spokane
Tacoma.
Helena
Fargo
875,916,085
83 814,760
24 807.12H
17,866,771
370,800
897,112,706 1.015.816 216
99 482,793 133,776.377
4,975,500
5.446.700
1,948.804
2.080,508
1,138,167
1,240 228
985 557
4,918 742
1,061,061
1,308,771
845 0<*8
1,330.444
80iJ,638
756 8 6
475.411
437,26 s
322,874
671,9*3
111,725,898
161,967,744
Providence
Hartford
388,276,080 +201
267,172,987 +16-1
161,184,894 +12-9
127,49 1, 73M +8-4
92.449,740 +348
86,lw5,951 4-45-4
43,021,025 +2
492,703,386
.047.l32.U6x
32,419.850
16.6X4,05?
4,53i 615
1.8H0 764
2,370,116
1,603 71
889,637
1.185,943
1,037,319
350,900
Buffalo
364,146,167
144,678,094
186.W22.700
81,845,742
51,381,040
55,038,227
48,366,129
44,457,118
27,148,046
21,073,395
16.924 .840
1,432,480,003 1,203,773,631
952,000,659
932,431,766
291,454,481
251,3B0,471
235,065,x89
257,253,096
88,314,050
85,955,775
91,6V)6,656
74,689,056
124,597,428
66,225,384
104,33w,8l7
94,859.263
76,657,848
68,887,413
62,186,015
44.128,752
42,821,744
38,444,930
48,275,068
34,211,637
31,l«7,3ll
24,110,111
16,379.612
17,261,386
27,573,952
27,302,971
25, 135,: 04
17,895,8018,398,000
14,431,000
14,212,197
10.791,224
11,791, 10«
9.888,890
7,913,208
6,632.282
2,279,8 '6,1471
042,523,948
80 397,293
Baltimore
7-3
9.480.0S9
8,639,366 +11-0
7-8
1,384,231
8,072,4X9 +126
9,088.725
1.036. 3; 4-16^8
8.273,012
7,297,267 +13- 4
750,248,979 4-8-9 5,745,050 ,321 5.385,635,343 +6-7
82,594,431 4-3-0
567,172 ,022
525,801,737 +7-9
9,783,345 4-1-5
65,548 ,477
62,356,*56 4-51
7,634,850 4-14-7
49,246,0X7 +169
57,b2l ,698
7,476,939 4-15-0
69,358 896
49,654,299 4-39-7
4-1088,791,153
71,784 133
45.949,016 4-56-2
—8-0
4,920,45'
-4-1
32,649 765
34,061,554
3,628,620 4-13-0
28,978 279
21.952,563 +320
3,605,630 4-10 2
17.lw7.208 +07
17,309 805
1.098,810 +9'4
9,383 456
8,369,553 +12-1
650,472 -10-6
4.416 049
4.031,254 +9-5
818.600~0~77
129,134 190 4-12-6
924,122,570
+12-9
1,276.731
1,199,906
,
753,779,5'
Philadelphia
Pittsburg
702,707,861 -21*5 4,070,953,900 4,677,824.33,
608,120.939 4-10-6 3,965,655 ,22(
.751,214,756
59,954,050 +1P8
471,853;,700
429.118,000
1-8*1
245,653, ,065
34,233,877
236,495,241
43,598,135 4-12-2
826,196 ,423
288,115,445
173,169 ,7^6
23,888,605 -3-8
161,667,810
156,278 400
21,772,100 4-2-8
148,612,000
13,241,454 4-20
92,360, ,759
88,100,467
8,275,428 -2-4
58,534, ,851
56,121,252
-17-6
11.774.809
63,807 35
61,916,058
4,548.803 (-13-3
36,969. 706
32,662 552
29,273,4X5
4,693,835 4-8-7
34,751, 097
24.6X0,608
3,796.125 -9-7
81,220, H35
1.526.85U -2-9
10,417, 0)8
10.380,821
1,721,117 +116
13,761, ,745
12,116,345
1,926,983 4-1-2
13,063 616
11,207,296
-1-4
1,933,100
13,526 700
11,95^,780
1.494,743 4-7-9
11,991, 067
10.257,301
661.725,606
561,226,453
66,701.950
San Francisco.
Salt Lake City,
Tot.
16,083, 130
12.789, 115
New York
Publication suspended.
1,34S,216
L347.044
Springfield
Canton
JU71&900
37,001,891)
48,^07,71*0
Cleveland
Milwaukee....
Columbus
2,403,886
2,467.126 —2-6
445.581,318
821,965,714
883,339,330
769,457,371
139,807,582
71,463,969
70.816,619
59,:i06,m4
34,335,741
81,338.380
25,348,900
1.220,351
644.832
603.904
8?8 705
1.C04.7H9
28 452 MI7
—82
+6-0
+1-8
+13
—282
+63-3
I+-11-8
+2
+27 6
+3-8
+24 8
+4 6
+717
1>0 1.796
+27-6
2,134,763
1,292.164
929.584
+30 2
+17 5
-7 2
+2-2
-6 5
+11
+5 3
+89 5
+36 5
+84-3
+40 7
+5-6
+10
-9-5
+171
+115
+19
3
-4-6-51
+525
—3.V4
825,100
499.137
403 295
80.173
23 381 319
5.097 633
913 450
845.518
912 867
898 842
846,930
676 637
4^0.971
640.147
864 556
342.000
209 158
236.913
If 3 913
197,264
874,626
815,472
4X3 554
330,873
4J1.C00
202.119
49 599
-2 9
—85
996 943
&<8190
141,234
47.666 182
4*
081.164 214
433 635 917
13.686 C43
7,164.481
1,197 Oil?
1,133 27 6
623 9? 6
652 t31
1
,027,788 203
404,256 114
11870 044
6 726
27
6
1.291.628
1.000/00
485 794
764 046
—49
+4-5
24 45X 279
22.137.72
THE CHRONICLE.
206
The Wall
THE FINANCIAL SITUATION.
[VOU LXXI.
Street market has remained in
same situation
as
in
No
previous weeks.
much
the
effect
was
was greatly observable following the assassination of King Humexercised about the grievous condition of officials and bert; neither did the more favorable news from Pekin
other foreigners in China, the public was startled by have more than a very temporary influence. Indeed,
the abrupt announcement on Monday of the assas the settlement of the 1 elations of China with the outsination the previous day of King Humbert of Italy, side world has not been materially, if at all, advanced
than whom there was no more exemplary ruler in through the latest disclosures. There will obviously be
Europe. One finds it difficult to account for such grave questions for settlement between China and the
an act other than as Lord Salisbury stated. "It Allies even when the ministers and their families have
was nothing/' he said, " but that morbid thirst for been released; and in the settlement grave differences
notoriety which is the plague and curse of modern are not unlikely to arise between the allied Powers as to
civilization and had time and again led men to the the character of the arrangement to be enforced.
commission of the foulest crimes/' He adds, with Until some of these matters have reached a satisfacreference to a remedy, that according to his own view tory solution, the tension the affair has caused can
" modern society has erred on the side of leniency." only be partially removed. Other than these foreign
There is no doubt a kind of sympathy for criminals issues and our approaching Presidential election,
On the which involves momentous financial and industrial
that is largely hysterical and not judicious.
other hand, an act so unprovoked, so brutal and so questions, the influences operating have all been of a
While the mind of the
civilized world
harmful to a nation and its people cannot help to make
one loathe the low nature that could perpetrate it
and to feel desperate and severely resentful. And yet
how it is wisest to treat the disease Lord Salisbury reObviously
fers to is to our mind by no means clear.
the way
out
of
the criminal in this case should be put
favorable character.
Of that description are many
the reports of earnings that have
the returns for
June
oome
of
in, especially
of the Pennsylvania Riilroad,
Chicago Burlington & Quincy, the Atchison, &c.
There have also been important dividends declared.
The more notable are the amounts declared on the
with the least possible delay and publicity. But that common stock of the Baltimore & Ohio and the Union
We have referred to these domestic developwill not cure a malady of which he is merely an in- Pacific.
further
below.
ments
tumescence through whom its fevered spirit has found
vent.
It was announced by the Bank of England on Friwith reference to the Minis- day that the institution would on August
7 receive
ters and other foreigners who have been so many applications for £10,000,000 3 per cent exchequer
weeks substantially imprisoned in Pekin and much of bonds, re-payable at par August 7 1903. The issue
the time under fire, has been relieved in large meas- price was fixed by the Treasury at 98. Messrs. J. P.
ure by quite full advices from several sources. It Morgan & Co. and Baring, Magoun & Co. of
appears that they were all alive the last week of July New York
and Drexel & Co. of Philadelphia
and that the attack on them by the Chinese Army had and Kidder, Peabody & Co. of Boston are authorAlthough many ized to receive and forward applications for allotbeen for the time being suspended.
of the uncertainties of the situation are thus re- ments of these bonds.
It will be remembered
moved and the massacre that was reported with so much that in the offerings last March of £30,000,000 bonds
detail has been proved to be wholly untrue, the about $12,000,000 of the bonds were awarded to
anxiety still iB great, for all the information goes to subscribers in this country and were widely distribshow that the situation is as perilous as ever, that the uted.
horrible death they were supposed to have met still
threatens, and that they are in grievous need of
The satisfactory results attending the operations of
As to the advance of the Allies on United States railroads during the fiscal year which
speedy relief.
Pekin, it is supposed to be under way, though there ended on June 30 are well illustrated by the action of
seems to be some confusion in the accounts. But the Baltimore & Ohio and the Union Pacific comSecretary Hay has in a brief, clear manner shown that panies in the matter of the dividends on their comthe blame for the advance, whenever it is made, rests mon shares.
Both stocks have been placed on a 4
wholly with the Chinese Government. In reply to per cent basis.
The statements submitted, too, show
the suggestion of the Chinese authorities that that the action in the one case as in the other has
the Ministers might be released if the Powers been conservative, liberal surpluses remaining on
march on Pekin,
he the operations of the twelve months.
would engage not to
The two
with
communication
our
"Free
representasays:
companies are reorganized properties, which, aftives in Pekin is demanded as an absolute right, and ter vigorous and
drastic reconstruction, physical
not as a favor. Since the Chinese Government ad- and financial, have entered upon a new era of prosmits that it possesses the power to give communica- perity. On Union Pacific common a previous paytion, it puts itself in an unfriendly attitude by deny- ment was made, but the new Baltimore & Ohio
ing it. No negotiations seem advisable until the Chi- common shares now enter the dividend ranks for the
nese Government shall have put the diplomatic rep- first time. It deserves to be noted that the Baltimore
resentatives of the Powers in full and free communi- & Ohio management have announced both semication witn their respective governments and re- annual dividends at the same time that is, 2 per
moved all danger to their lives and liberty.
We cent payable in September and 2 per cent payable in
earnestly
to
advise
Earl
Li
the
Imperial March 1901. The dividends being based on past rewould urge
authorities of China to place themselves in fries dly sults and not on expected future results, there is of
communication and co-operation with the relief ex course no criticism to be made on such a policy.
They are assuming a heavy responsibility The Delaware & Hudson has for years made
pedition.
in acting otherwise."
declarations in precisely that way, the diviits
The apprehension
felt
—
August
THE CHRONICLE.
4, 1900.]
dends being announced in advance and based on the
previous year's earnings. The income statement of
the Baltimore
& Ohio
for the twelve
months makes a
very satisfactory showing. After allowing $100,000
for betterments chargeable to income and $293,365
and commission on securities sold during
the year, and also $2,400,000 for the 4 per cent dividends on the preferred stock, there remains a surplus
for discount
of
4£
cent
nearly
million
dollars,
equal
to
lines Bast or
207
1898.
1000.
1899.
June.
Qross earnings....
Operat'g expenses
7.102.885
5,248.43
5,221,410
5,766,785
4,509,510
Net earnings..
1,971,425
1,257,225
1897.
1896.
1806.
5,186.335
5 105,599
4.988,299
4,020,410
3,864,110
4,117,86?-
4,027,468
1.228,025
1,321,225
987.781
980,831
PITT8BCTRQ.
$
$
f
9
Jan. 1 to Jun« 80
Gross earnings.... 40.831,311 33,148,011 31,863,311 29,589,511 30,305.275 29,558.775
Operat'g expenses 28,677,081 24,665,661 2,824,561 2l.108.16i <!2,793.71b 21.913,419
Net earnings..
12.243,350
8,483,350
8,538,750
8.481,360
7,512,556
7,645,356
almost
oom
There has been no change this week in the official
mon stock. As a matter of fact, $6,398,900 of rates of discount by any of the European banks and
the common stock is still in the company's treasury, the unofficial rates at all the centres remain firm. It
and will not be issued until October, while dividends, is noteworthy that though the open market discount
as we have already seen, are to be only 4 per cent. rates at London are higher than the Bank rate, there
A8ssuming that the semi-annual payment in Septem- does not appear to be any special urgency for gold
ber will be on $38,601,100 stock and that in March on the price of which has receded, bars and American
$45,000,000 stock, there will thus be left a balance of gold coin being on Thursday quoted \ of a penny
over 2f million dollars ($2,781,689) which, accord- lower than the price on the previous day, making a
ing to resolution of the board of directors, is to decline of l-\ pence since the Bank minimum was adThe report of the New York Associated
be appropriated for improvements, betterments and vanced.
equipment
of
the
and
property
Banks last week showed a gain of $4,871,000 in cash,
additions to the
of which $3,015,800 consisted of specie and $1,855,200
company.
Loans increased $3,247,800 and
In the case of the Union Pacific the results are of legal tenders.
Here, as already stated, one pay- deposits $5,667,700, while the surplus reserve was augequally striking.
ment has previously been made on the common stock, mented by $3,454,075, to $27,535,975. Another materbut the dividend last April was only 1| per cent, ial addition will be made to this total by the bank rewhile the dividend just declared and made payable in port of to-day. The applications for the exchange of
October is to be 2 per cent. President Burt is quoted fundable bonds for the new 2 per cents amounted at the
on Thursday to $322,113,100.
as saying that though the company has been "pour- close of business
the
new bonds by the
deliveries
of
ing money into the property and although it may The
seem to be in splendid physical condition, yet Treasury Department began on Wednesday, when
the management propose bringing that condition $100,000,000 had been signed by the Register;
That this is to be the policy is the deliveries hereafter will be prompt. The Bank
still higher."
evident from the moderate basis on which the of British North America has this week received ad10
per
on
the whole $45,000,000 of
Including the accounts of vices of the transmission of $500,000, the proceeds of
the Oregon Railroad & Navigation and those of the Yukon gold deposited for their account at Seattle and
Oregon Short Line, a surplus remains on the opera- at San Francisco. The Canadian Bank of Commerce
tions of the twelve months over and above the 4 per this week received $1,300,000 in drafts, representcent dividends on the preferred shares of $7,928,907. ing the remainder of the consignment of $2,800,Deducting the $3,348,220 required for the 3£ per cent 000, of which they had previous notice, and they have
dividends on the common shares, we still have a sur- been advised of the transmission of $1,000,000, to be
plus of $4,580,687 for use for improvements and in followed later by $500,000 more.
These bankers conother ways.
firm the report that the Canadian Government has
decided to establish an assay office at Dawson City
If railroad earnings are to undergo contraction, for the assay and exchange for drafts of gold produced
there is as yet no evidence of it in the returns of the in the Yukon.
The royalty on gold mined in that
Pennsylvania Railroad. That large and representa- region will be abolished and a charge of 3 per cent on
tive system has issued its statement for the month all gold passing out of the field will be substituted,
of June, and it shows an amount of improve- this charge to be collected whether the gold is assayed
ment hardly less marked than in the months im- at the Canadian Government office or not.
mediately preceding. On the lines directly operated
west of Pittsburg the increase is somewhat lighter,
Money on call representing bankers' balances has
net,
being only $362,400 in gross and $104,800 in
uniformly loaned at the Stock Exchange during the
but on the Eastern lines directly operated it is much week at ]£ per cent and at 1£ per cent, with the bulk
heavier, reaching no less than $1,426,100 in gross and of the business at 1£ per cent and the average about If
$714,200 in net.
On the combined system, therefore, per cent. Banks and trust companies have loaned at
there has been an augmentation for this one month
per cent as the minimum price, some, however, early
of $1,788,500 in gross and of $819,000 in net—the in the week obtaining 1£ per cent.
The business in
figures of the controlled lines separately operated time money is only moderate and the demand is chiefly
being excluded as heretofore.
For the half-year for long dates.
Quotations are 3 per cent for sixty
to
June 30 the
noteworthy days, 3£ per cent for ninety days, 4 per cent for four
gains
are
of
on months and 4@4| per cent for five to six months on
proportions.
to
Gross
added
has
been
the Eastern lines in amount of $7,672,400 and on good mixed Stock Exchange collateral. The market
the Western lines in amount of $3,698,100, making for commercial paper is quite narrow, and notwith$11,370,500 together; while the net has gained $3,760,- standing the comparatively large reserves of the
dividends
are
fixed.
H
and $761,000 respectively, making $4,521,000 banks these institutions are not buying freely. The
together. Here is a six- year comparison for the East- business reported by brokers is principally with Eastern lints the only portion of the system for which ern banks, though a few city tiust companies have
000
—
we have the data
for such a comparison.
I
made investments
of choice names.
The supply con-
.
THE CHRONICLE.
208
tinues
3
.
good and some very attractive Dames are
most daily
offered.
Bates are
4@H per cent for sixty
to ninety-day endorsed bills receivable,
4^@5
per cent
prime and 5{@Q per cent for gocd^four to
months single names.
for
The news from the
seat oi
al-
war
in
South Africa
six
in-
Oq Thursday
LXXI
[Vol.
the market became stronger, and while
there was no change in rates for actual business for
long, those for short ard for cables advanced one-
quarter of a cent, to 4
S7|@4
to 4 88$
@4
Friday,
and then there wa3
88
88$ for the latter.
The
cent for long.
the former and
tone was strong on
for
The
a rise of one- quarter of a
following shows daily posted rates
Boers surrendered for exchange by some of the leading drawers.
to General Hur ter early in the week, and later reports
FRLMOS_ Tna., Wid- THflL.
Jui'j 27.
J--.; 31.
were to the effect that detachments amounting al
54
4 MM
54*
If*
4 ---j
together to 4,000 Boers, with 1,200 rifles and an Arm- Brown Broe
5**
35*
s&*
I .-i:..
daring,
36
85
(60 day*. 4 -J
SB
85
the
of
strong gun, also surrendered. The movement
55-,
Maaonn k Co.. S.;r:36*
43»*
55*
88*
Back
B-t-.iah
(60
4
55
86
36
dan
86
be
Pekin
is
toward
Tsin
allied forces from Tien
No. Ajneric*.. JSurht-.. 4 55*
se*
55*
dicates that a force of about 1,000
J..;. i.
84*
-»
58*
|
86
•
5^
:5^«
|
:
lieved to have
The Bank of Engdiscount remains unchanged at
begun on Monday.
minimum rate of
per cent. The cable
land
4
reports
discounts of sixty to
bank bills in London i$&H per cent. The
open market rate at Paris is &} per cent and at BerAccording to our
lin and Frankfort it is 4 per cent.
special cable from London, the Bank of England lost
£606,126 bullion during the week and held £31,033,450 at the close of the week. Oar correspondent
further advises us that the los3 was due to the import
of £31,000 bought in the open market, and to shipments of £637,000 net to the interior of Great Brit-
Bank of
of
S.-i-...
i
Commerce.
)
Ee:de bacn. Ick
elhevmer & Co
ninety- day
486
)00 days.
Montreal.
raaadian Bank
Laiar d Frere*
I
«o days.
=urht_.
60 day..
-
'
;
-
Merchants' Bk.
of Canada....
.
ihu...
(60 days
7 8iCQt-
The market
88*
486
438
86
ss*
84*
88
88
85
86
54-;
45^
84*
58*
86
38
86
55*
55
55-.
36
SS*
485
36
85
-I
5c
96
488*
Ss*
86*
55*
486
4*B
56
36
38
86
85
88
c8
86
38
5^
55^
ciosed firm on Friday, with rates for
87|@4 88
for
and 4 8S|@4 8S^ for cables. Commercial on
banks 4 83} @4 83f and documents for payment 4 83
@4 84$. Cotton for payment 4 83@4 83$, cotton for
acceptance 4 83-£ @4 83f and grain for payment
short
4
84@4
84±.
The following
foreign exchange market
35
58*
84*
SB*
actual business 4 34 @4 84£ for long, 4
ain.
The
85
38*
484*
."-...
(60 day*.
.
86
4-5*
has been extremely
money
and generally steady, growing stroager toward
the close of the week. There i3 a very meagre supply
of bankers' bills, and though commercial drafts
against grain, cotton and other merchandise come
upon the market in about the usual quantity for the
season, they are so quickly absorbed that they 3eem to
make little or no impression upon rates. The market
to
the
gives
movements of
by Xew York banks.
week's
and from the interior
dull
'
TTma Zfvifv; a
3, 1900.
..•:
^urreney.
»Oid
Total roid and leeal tenders.
feeling the effect of
money here and the high discounts in London
make speculative transactions in bills, with the object
season,
quite
impossible.
The
drafts
firm
$3,790,000
411.000
Gala.
t2. 750.000
Gam.
411.
M^ouno
i»ain. $3 181.000
result
is
XX
as
follows
for
grain
.
With the Sub- Treasury operations the
The following
in the principal
M
Mi
the
or
>.:?-v
.V«:
fry
X. T.
sr.38-a.ac
a
".'
if
en
— j»4w
BmmkBoUUtm.
$7 St 2.000
22,'OD.OOO
!
of covering with cotton
flalpiii
!
r. Bank*.
16.570000
Chinese situation in the
TTmJc Ending Auyust S. 1900.
the
exports
to
China,
against
bills
of
offerings
lighter
B <nxs interior movement, as aboYej
shipments of cotton goods especially having been 5 :fr-Treasnry operat.ons
almost entirely suspended. The extremely low rates
Total gold and le£a tender?
is
Received b*
-V.
i.
:•:•:
m
$24,201,000
130,192.000
table indicates the
Gatn.
tSULOOS
Gain
234.006
Gain.
f&JBLMt
amount
of bullion
European banks.
later in the
tone for
A
ex-
change which generally prevails seems to be attributable to the fact that almost every banker ia short of
the market. There was no export of gold to Paris
this week, and none is expected to be made to London
unless inducements shall be offered by the Bank of
England which will make such movement profitable or
unless rates for sight exchange should further advance.
It may be noted that the consignment of gold in
sovereigns which was announced las: week as having
arrived at San Francisco by the Alameda from Sydney, N. S. W., proved to be 12,700,000, instead of
The Mariposa, which
$2,500,(00, as first reported.
left Svdney August 2, has #1,750,000 gold consigned to
San Francisco. Canadian bank3 have this week
shipped to Canada $300,000 gold, the largest amount
being sent by the Bank of Montreal.
Nominal rates for exchange have been 4 ^4^ :o
4 85 for sixty-day and 4 68 to 4 83i for sight during
Rates for actual business opened on Monthe week.
day unchanged for long, compared with those at the
These
close on Friday of last week, at 4 83j@4 Si.
for short and for cables, however, were reduced onequarter of a cent, to 4 87j(£M 87| for the former and
f
Tne market was dull
to 4 S8@4 88$ or the latter.
and steady, though with a firm undertone, and it so
continued on the following day and on Wednesday.
sari 2
NT.
&o-i.
.**#«•*
Ir-X,
Mai
S,
189a
5».-~
e^uL
r.-:i~
1
31033.450 S3 214 4*4
907 133.784.123 76.785,401 44i.219.79J 125 OX
28 39L0O0 i4.asa.ooo 43,013 000 17.417.000 14.123 000 *L£40.0
78 930.000 7.551.000 67.431.000 94.896 000
:: : - : xc
81033.450
88 373 216 45
inaland
'ranee
Germany
inasia
:
Honr'y.
A. as.
4".
4000
37.740.000
*pam
13.ft9.000 16.900.000
italy
15.4Sl.O00
1.639.000
4371.000
:.ooo
letliliriinds..
N'at-BeUnr...
I
5.-1
47.554.00a 30.440.000
30.589.000 12 860 000 13.717;
17.120.000 15.623.000
10331.000 2 744.000 6.0B6
]
UBS
::
17 447 OOC
:. r i?.:i.c
wee. 9f2^95 666 103290907 *»^56.573296 803,873 101445782 398249.767
prer. wl 303 914 6X1 l-i4:>vi ^:'7.: i3l4-2 2v6.-»a^lr 101ftjQ757 3M7.7Sa.27
."outfcls
rot.
:
NATIONAL TUBE CO MP AX T REPORT.
It is
evident that in considering the value of the
securities
of
the newly-organized incustrial under-
takings which have been such a feature of the history
of the last two or three years, a sharp distinction must
be made between those having merit and those withXor can the character of the manout that quality.
agement and those backing the enterprise be ignored.
These
suggested by the appearance of
Tube
the first annual report of the National
Company, an advance copy of which was kindly
This is one of
furnished us yesterday afternoon.
the most important of the larger new undertakings,
and one which was promoted by the firm of J. P.
-
'
reflections are
Morgan & Co.
It
was the
last of
the great organiza-
August
to
pects.
209
H. Coster, wno was National Tube Works Company, which corporation is
speak in most enthusiastic terms of its pros- owned by the National Tube Company. The Tube
The report now at hand shows that this en- Works Company has current assets of $5,203,938 with
tions periected by the
wont
THE CHRONICLE.
4, lfiOO,|
late
0.
Indeed, the report is a
thusiasm was fully justified.
perfectly marvelous exhibit in its showing of profits
and strength of financial condition. And the meth
ods of management and treatment of the accounts are
such as to commend themselves to conservative people
and furnish models which may be copied with advantage by other companies.
As the reader knows, the National
Tube Company
wrought-iron pipe
is
and tube manufactories in the United States. The
list of plants owrjed is given in the annual report and
Suffice it to
is too extensive for enumeration here.
say that the company manufactures all sizes, styles
and qualities of tubular goods 'required for the production and utilization of light, heat and water, and
many specialties, such as shrapnel cases,
also
war
forgings
and
other forms of
projectile
the
material
of
material.
About four- tenths
which is finished and shipped in tubular form,
manufactured
by the
is
the report tells us,
such
process
entailing
company direct from the ore,
the smeltiDg of the ore into pig iron, the conversion
of the pig iron into steel, the blooming of the steei
into billets, the rolling of the billets into strips, from
which tubular goods are directly made. The company has no outstanding bonds and no mortgages or
liens of any description upon any of its properties. In
other words, there are no securities except the $40,000,000 of common and the $40,000,000 of preferred
liabilities of
current
only $810,410.
Hence
for the
two companies combined net current assets are over
Messrs.
twenty-two million dollars $22,114,624.
—
Jones,
Caesar
& Company,
chartered accountants,
have audited the books and accounts, and certify to
their accuracy; they also certify that full provision
has been made for depreciation of buildings, plant,
and machinery.
a consolidation of the leading
stock.
CONTINUED GROWTH OF THE BUSINESS
OF TRUST COMPANIES.
The check
trust
in the expansion of the business of the
companies of
New York
State, noted at the time
the filing of their returns for the 1st of January
In the
1900, proves to have been only temporary.
period that has elapsed since then growth has been
of
resumed and in a more striking way than before.
While the totals have been of large proportions for
some time they are now assuming marvelous dimenIndeed, theg owthand expansion which have
sions.
occurred within a few years constitute one of the most
noteworthy developments of recent times.
The trust companies are required to make semi-annual returns for January 1 and July 1 to the Superintendent of Banking at Albany. From advance copies
of these returns for July 1 1900 we were able to give
in the Chkosticle of last week the figures for all the
trust companies in this borough and Brooklyn in comparison with the corresponding figures at the two previous semi-annual dates.
We devoted five full pages
Under very conservative methods of accounting the to a presentation of these exhibits pages 186 to 191.
profits are extremely large.
Heavy expenditures have In the present article, however, we shall not confine
been made for maintenance and improvement and ourselves to the companies in these two boroughs,
—
charged to the cost of manufacturing, but in addition
a further allowance of $500,000 has been made for depreciation this is a special appropriation, the report
says, against which no commitments have been made;
another reserve of $175,000 has been set aside to pro
vide for possible loss in the collection of outstanding
accounts, though these accounts are believed to be
absolutely good; $108,119 of premium on securities
purchased has also been charged off. After all these
deductions, profits of $13,878,364 still remain for the
twelve months.
The dividends of 7 per cent
on the preferred stock take $2,800,000 and the
6 per cent dividends on the common stock take
$2 400,000, making $5,200,000.
Over and above
the dividend requirements, therefore, there is a
surplus in the remarkable sum of $8,67S,364.
The report reveals some unique features hardly
paralleled in the case
any other company.
of
For instance, during the year the company had
an amount of cash on hand greatly in excess of
its mercantile needs. Hence $2,800,000 was employed
in the purchase of gilt- edged investment bonds, which
aTe now held in the company's treasury.
A premium
of $108,119 was paid in the purchase of these bonds,
which premium, as already stated, has been charged
agairjst the earnings of the year.
The current assets
of the company aggregate $21,279,532, while the
current liabilities, including the reserve for dividends on the common stock, amount to no more than
;
;
$3,558,436; $5,353,727 of the assets are in actual cash
but shall deal with the results for the entire State.
The totals in official form for the State as a whole
have not yet reached us, but the "New York Times'
last week published a dispatch from Albany giving an
abstract of the same,
and we
shall
use these figures
throughout the present discussions, comparing them
with corresponding data for previous periods in order
to bring out their bearing and significance.
AVe have referred to the check in the upward movement which was disclosed in the returns for the first
of the curreLt year.
This was practically the only interruption that had occurred since the operations of
these institutions began to attract attention because
of their rapid expansion.
The reason for the falling
off was explained in our issue of February 17.
It was
the result of perfectly obvious causes, mainly the
monetary stringency which prevailed and which made
it possible for depositors to earn a better return on
their money than what they were receiving from the
trust companies.
It will be remembered that the deposits of the New York City Clearing House banks
were also heavily drawn down during the same period.
The decrease in the case of the trust companies was
emphasized because it was coincident with the opening
up
decline
came
at
— that
many new institutions
a time when there was
of a great
is,
the
a great inpatrons of
crease in the facilities for catering to the
this class
Owing to the unfavorable
some contemplated new organizations were
of institutions.
conditions,
abandoned and others concluded to merge with existand $2,800,000 consist of the Government, State, ing concerns. The set-back, as already stated, it is
municipal and other bonds already referred to. More- now found, was only temporary, the whole of the
over, these figures do not include the accounts of the loss of the last six months of 1899 having been re-
—
THE CHRONICLE
210
covered in the
addition
first
made which
six
months
of 1900
places the total
and a further ent
way ahead of ary
[Yot LXXI.
trust companies Janu-
total of $640,837,145, the
1 1897
had deposits of but $305,354,637,
anything previously recorded.
seen by the following.
There are two ways of measuring the operations
the deposits and the aggregate resources. Consider-
July
1,
Jan.
I,
as will be
AGGREGATE DEPOSITS OF THE NEW YORK TRUST COMPANIES.
July
1900
1900
1, 1899
1, 1899
1. 1898
1,1897
Jan. 1, 1896
Jan. 1, 1895
Jan. 1, 1894
Jan. 1, 1891
Jan. 1, 1892
Jan. 1, 18al
$640,837,145
523.541,570
594,462,705
$3 7,351,893
fc85.74l.794
266.092.955
264/295,048
234,466.697
211,320,275
467.184,'2f>8
ing the latter first, it is discovered that while the con- Jan.
Jan.
5>83,32*,725
roughly,
Jan.
traction the last six months of 1899 amounted,
305,354,637
With such large resources and deposits the trust
to 50 million dollars, the increase the first six months
In other companies are necessarily becoming growing factors
of 1900 reached over 124 million dollars.
words the total now exceeds that of a year ago by 74 in the money market. Conditions the present year
million dollars, and then it had already attained ex- have manifestly not been favorable to the placing of
traordinary dimensions.
Under the
further expan-
money
Yet the loans
at profitable rates.
the trust
of
companies on July 1 1900 were within 8 million dollars
sion aggregate resources of the New York
panies now stand but little less than 800 million of the total recorded twelve months ago that is,
On January 1 1897 the
dollars ($796,483,877), which will serve to give the were 370 million dollars.
reader an idea of the magnitude of the business of loans were less than 170 million dollars.
trust com-
—
these institutions.
The following
furnishes the record
LOANED ON COLLATERAL BY TRUST COMPANIES.
July
1900
1900
back to 189 L:
Jan.
AGGREGATE RESOURCES OF THE TRUST COMPANIES OF MEW YORK STATE.
$392,630,0 6
.$796,483,877 Jan. 1, 1896
July 1, 1900
365,419.729
6/2,t90,t>72| Jan. 1,1895
Ja^ 1,1900
July
1,
1,
1,
Jan.
Jan.
Jan.
1,1898
1,1897
1899
July
t.
Jam.
1,1899
July
1,
18 L 8
Jaa. 1,1898
JM.
1,
1897
72^,3*^,523 Jan. 1, 1894
579.205.442 Jan. 1, 18«3
527 084.533 Jan. 1,1892
483,739 926 Jan. 1,1891
39b.742.948
|
I
I
I
34t.466.01l
3<5,7o7.780
300.76^
280,6b8,769
55
|
1,
1899
1899
$370 483 337 Jan. 1,1896....
328.143.5h8 Jan. 1, 1*95
b78,21H,69H Jan. 1, 1894
283.402,8-2 Jan. 1,1893
230.581,708
169,894,933
j
|
Jan. 1, 1892
Jan. 1,1891
$169,161,349
148,°53,820
147,794,024
19t>,32L,422
17d,552,829
163.685,758
Collateral loans are the favorite form of investment
with the trust companies. The other classes of investment also show increases, but not in such a strik-
aggregate re- ing way. We bring together here the leading items.
STOCK INVESTMENTS OF TRUST COMPANIES.
sources J anuary 1 1891, it will be seen, were only
July
1,1900
$178,789,114 Jan. 1,1896
$104,512,839
But let us compare with a more recent Jan. l,19i)0
$280,688,769.
168,195,642 Jan. 1,1895
9 ,555,798
1,1899
14*,971.045 Jan 1,1894
65.998,230
Oa July 11898 the total was $527,084,533. July
period.
136.56i.066 Jan. 1.1893
Jan. 1,1899
57,185,649
1,1898
113,525,793 Jan. 1,1892
51,132,239
Hence in the brief space of two years there has been Jan
Jan 1,1897
101.983,600 Jan. 1,1891
47,180,478
CASH ON HAND AND ON DEPOSIT.
an addition of 269 millions, or over 50 per cent, and
$131,388.f81 Jan. 1, 1896
July 1,1900
$50,804,137
this on an already large total. Since January 1 1897, Jan. 1.1900
81,366/288 Jan. 1,1895
61,206,703
As against $796,483,377 July
1 1900,
a period of three and a-half years, the total has more
July 1.1899
Jan. 1,1*99
Jan. 1,189*
Jan. 1.1897
93,604.261
71,734.621
55,034,451
54,642,344
Jan. 1,1894
Jan. 1,1898
Jan. 1.189*
74,365,761
35.033,016
33,942,847
26,564,971
1896
1,1895
1,1894
1,1893
1,1892
1,1891
$29,369,703
22.791,215
22,636,957
19,> 98,925
17,210,145
9,755,b43
than doubled. Of course the number of institutions
Jan 1,1891
HOLDINGS OF BONDS AND MORTGAGES.
has greatly increased, but let it not be supposed that
July 1,1900
$25,114,077
$ 8.790,72<? Jan. 1, 1896
the growth has come alone or mainly from that source. Jan. 1,1900
38,143 145 Jan. 1,1895
21,569,504
July 1,1894
37,139,510 Jan. 1, 1894
17,451,674
The older institutions obviously had augmented com- Jan
1, l-<99
34.855,» z$ Jan. 1, 1893
15.062,290
32.H24,9^5 Jan. 1,1892
1.1,373,463
It is evidence of their strength and Jan 1,1898
petition to meet.
Jan. 1,1897
28,692,428 Jan. 1,1891
17,637,01)8
LOANS ON PERSONAL SECURITY BY TRD8T COMPANIES.
the excellence of their management that they have
—
been able to extend their business and operations as
a rule very materially, too notwithstanding the ad
vent of the newcomers. Not all the older concerns
.show quite as large totals as they did twelve months
ago, but that does not signify much in view of the
marvelous antecedent expansion; on the other hand,
several excel even their phenomenal record of
Take the United States
July of last year.
Trust Company, which i3 the largest of all the com-
—
panies.
Its
resources
now
are
$85,802,301, against
only $64,302,289 on January 1 1900 and $77,286,772
July 1 1899. The Union Trust Company's present total
$59,437,743, against $44,445,173 last January and
$50,649,509 the previous July. The New York Security
is
Trust Company has been in existence a much briefer
period of time than these old landmarks, but has also
made very important additions to its totals, which
stand, $21,352,982 July 1 1900, $18,883,331 January
Among the
1 1900 and $17,147,497 July 1 1899.
newer concerns, the Trust Company of America re-
&
ports resources of $16,151,650,
while the
Morton
Trust Company appears in the list with an aggregate
of no less than $34,217,014.
Passing to a consideration of the deposits, the record
The last six months of 1899 they
is much the same.
fell off 71 million dollars, the first six months of 1900
they expaLded 117 million dollars. The total of the
deposits of the trust comranies of the State is new
We may compare this with
over 640 million dollars.
the aggregate of the deposits for all th a New York
City Clearing House banks, which on June 30 1900
July
1,
1900
Jan. 1,1«*00
July
1,
1899
Jan. 1,1899
Jan 1,1-98
Jan. 1,1897
$47,937,934
31,101,271
39,865,910
29,930,376
31.183,292
25,788,188
We would make
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
1,
comment with reference
to only one of the foregoing items
we mean the
holdings of cash. If in the money loaned out on collata word of
—
eral the trust companies have played and are playing
an important part in the money market, it is obvious
that through their large holdings of unemployed
cash they possess the means of exerting a still more
important influence. For it appears that the uninvested cash, on July 1, 1900, was almost 132 million dollars ($131,888,581), against 81$ millions last January
and 93£ millions last July. This is proof of the difficulty experienced in finding satisfactory employment
It remains to add that of the
for their funds.
$131,888,581 of cash, only $10,820,407 was in their
own vaults, all the rest being held in the baaks.
SOME IMPROVEMENTS IN BUILDING
CO NSTR UC FIONAS RESPECTS FIRE.
In previous articles we have urged the need, steadily
becoming more strenuous, of reforming the annual
lire waste in this country, as shown by the unimpeachable statistics of loss and of the burden beneath which
underwriting staggers.
The
latter
might prosper
as
a business, under suitable conditions, if it collected
double the present rates; for example, in that way
lossts and expenses remaining unchanged, dividends
could be ample, surplus could accumulate, and a fine
were reported 888 million dollars. As against the pres- prosperity ba had. Yet in such case, as we have
.
AUGUBT
tried
THE CHKONinLE.
4, 1900.]
make
to
clear, the
realizingly
improvement
not insurance, but
waste of property by fire—the great balk of it pre
ventible is the burden and the evil.
Most of the changes during the last thirty years
would be only
for
superficial;
—
have made the conditions more unfavorable. Thus,
city buildings have become higher and larger; they
have larger undivided areas, are penetrated by more
vertical openings, and have a greater concentration of
value in contents. New materials, new processes of
handling, and a wholly new and mysterious agent,
electricity, responsible for
an unknown but certainly
come in. On the other hand,
been made a study. One
has
extinguishment
fire
reason why the automobile engine as first introduced
was abandoned was that the time required for proSo
ducing a working pressure could not be spared.
the same current that gives the alarm releases the
horses, which rush to their places and the harness
almost adjusts itself upon them; the men slide down
a pole from their sleeping room partly dressed, and
finish as they ride; ready fuel in the boiler is lighted,
and the water, previously kept warm, is at a working
heat when the scene of action is reached. The time
between the alarm and the first stream is reckoned by
large destruction, have
Now
2H
come in a new ap plication of in s s^ine
the form of a wire, which is itself a con-
there has
principle in
tinuous thermostat and has the great advantage of
serving other purposes as well. Blectrioity acts only
from one battery pole back to
the other, thus requiring two wires, which are commonly laid side by side, suitably insulated, often covered with one external wrapping so as to look like a
Except in lighting, the
single thick cord or cable.
"open" circuit is nearly always used; pressing a button closes a gap left in the circuit and the current flows around and does its appointed work.
This "new- application" cable contains two wires,
The central plain wire, forming one side
like others.
in a circle or "circuit,"
of the circuit, has a thin coating of soft metal ; then-
comes the usual insulating coat, different, however, in
being impregnated with a flux; wound spirally around
this are about a dozen fine wires, which form the
other side of the circuit; then an outer insulating
wrapper covers the whole. The cable looks like any
other coated wire of like size and insulation,
and
it
conveys current for call bells, telephone, gas lighting,
burglar alarm, and all the varied work of electricity in
domestic and general service, electric lighting excepted, the wire used being too small for that particu-
*
minutes, and there is strife to lop off seconds; the lar purpose; as soon as electrical connection is made
speed and the effectiveness of the system are the ad- between the central wire and any one of the others, tha
miration of Europe. Nearly the sole retarding force
upon fire has been along the line of extinguishment,
but and this should be clearly noted it has reached
—
—
its limit;
no further material development
is
possible.
Better construction, better habits of occupancy, so
bell rings.
Ordinarily this connection
is
made by the
voluntary act of some person, as by pressing a button; the automatic action of the cable itself in detecting and reporting
fire
is
its
beautiful
and novel
feature.
be less frequent, and
It may have been doing ordinary work for years,
quicker discovery of them when they do start these but a few seconds after heat equivalent to that of a
are the leading directions improvement must take. match reaches the cable the soft metal coating on the
It moves slowly, yet there has been some progress, central wire fuses, and, according to a natural law,exand we wish to direct attention especially to three or pands; having no room for expansion otherwise, it forces
four comparatively recent steps of very great prac- itself through the insulation and necessarily touches
tical value.
some one or more of the other wires; this makes
The first principle of extinguishment is that fire electrical connection between them, closing the cirshould be attacked and throttled at the start, while it cuit by what is technically called "short circuit," and)
that
starting
of fires shall
—
One
quite old and approved device for
used in mills, as under the Factory Mutual system of Massachusetts, is the " sprinkler."
A
system of water pipes is carried along ceilings, provided with sprinklers at regular distances, each capa
is
feeble.
this, largely
ble of wetting a circle of definite size.
The
the bell sets up a ringing
which oontinuea until
somebody stops it. Should a burglar find the cable
and try to avoid it by cutting it, he inevitably makea
this same short circuit by crushing the outer wires
against the central one, and the bell rings for hin*
sprinkler also.
Moreover, if this cable is carried near electrichas a head or cap, held on by an easily-fusible alloy. light wires or any others which may accidentally get
The heat of an incipient fire fuses this, the water "crossed" by wires which transmit currents of higher
pressure pushes off the cap, and the wetting begins, power, any fire that may be started by such wire
the fire thus extinguishing itself. The drawbacks crossing or by defective insulation (these being the
are that sometimes the sprinkler cap sticks, or the usual causes of "electric" fires) is detected and resmall holes get clogged by dirt, or the water proves ported in the same manner as a fire started by any
not to be " on " when needed. There is also an inci- other cause. Electricity, the undoubted cause of not
dental water damage, no means being provided for a few fires, may thus be made to give the alarm in*automatically stopping the flow.
Nevertheless the stantly for its own mischievous work.
device
"sprinkled risks" are
One application of this cable is that a reel of it may
the installation is well be unrolled at night and laid on or near any goods, or
done.
carried to any place desired, and may be re- wound in the
The thermostat for detecting fire uses the same de- morning. The exact place where the fire is may be
vice of easily fusible metal or else that of expansion shown by an annunciator in the familiar manner.
under heat. This little instrument also is usually The wire is sensitive equally through its entire length,,
placed at the ceiling, and it rings a bell electrically as so that it is in effect a continuous thermostat, as we
soon as the temperature rises above a fixed point. Its call it ; normally, it operates for common purposes*
is
so valuable
desirable ones
thus
that
far
if
operation
is simple and sure, if properly installed, un- exactly like any other wire, but when fire heats it atthe wire gets broken or the current gives out.
It any point the wire feels "burnt" and immediately/
sometimes gives a false alarm, but that is only because cries out an alarm on its own account ; the spotthe acting temperature has been set a little below the touched by heat is destroyed for any further service
less
maximum
of the room.
by the fusing, but
it
transmits the current back tothe
—
THE CHRONJCLE.
212
the Maine, Iowa and Brooklyn, and the effect of taking inflammable material into action was shown at
Manila and Santiago, as well as in the Japanese war
could not serve as a prompt
fire detector if it were hidden away from the first heat
tinder floors and within walls, and it should be purposely carried to the places where fire is most liable
to start. It may be placed unobtrusively on special
mouldings, or laid about as one pleases, removable at
bell
from that point.
[Vol. LXXI.
It
and can be had in an outer wrapping to match
Thus it is as
costly hangings in style and color.
with China in 1894.
Giving only a single paragraph to fireproofed wood
does not suggest its comparative importance, but
means only that there is little about it to describe.
Unlike the other two devices, this one ia not applica-
readily applicable to old buildings as to new.
ble to old construction, but surely
will,
The Factory Mutuals found by
ought to come
The term "fireproof"
it
into exclusive use for new.
has
come into derision by misuse, so that the cynic
fire-stop at a doorway is a well- joined wood
covered, preferably double with an air space between. says the only fireproof structures New York has are
Sometimes, where it is desirable to keep the door always the bridge towers and the water reservoirs. In a
open, it slides to close by its own weight instead of building thoroughly such, a fire might be kindled in
by swinging, and the fire releases it by fusing a soft- a room and left to itself, when it might destroy contrial
that the best
door, tin-
metal catch. Such a safety door within the party tents but could not penetrate walls or floors and must
There are just
wall kept the Rogers, Peet & Co. fire from going down die out for lack of matter to feed on.
Warren Street, as already stated. But window open- enough such buildings to serve as examples to show
ings are more numerous, and another of the devices that this supreme test is possible; ordinary construcreferred to aims to prevent fire from spreading tion is inflammable, filled with connecting flues in
through them from building to building and room to
room. The familiar iron shutter has many defects
it is unsightly, it is often a hindrance to firemen, it is
liable to be left open, and it does not keep out fire
The improvement makes the glass itself firewell.
proof.
A wire netting, of a diamond-shaped mesh a
the air-spaces of floors and walls
s
—stoves
uffed with fuel and awaiting the torch.
in effect,
The prob-
should be most clearly understood, is not to
build of materials which fire cannot injure, for there
are no such, good brick coming nearest to that; the
lem,
it
problem
—
make
construction slow-burning to
square inch in area, is imbedded in the centre of a use materials and methods which will cause fire to
plate a quarter to three-eighths thick.
The wire struggle for progress, not such as feed it and hurry it
would quickly perish under fire if the glass did not along.
protect
it
The
in place.
yield;
from the
even
if
is
and in turn it holds the glass
It is the part of underwriters to further this conbecomes white-hot, but does not summation of inconsiderable fire waste by making
glass
wetted while hot,
still
it
keeps
is
its
penetrated
insurance rates so as to encourage prevention devices.
It is the part of intelligent capitalists to study the
facts and the principles involved, until they see that
all
integrity as a
—which should be what
solid," the glass being cast and the wire
a single operation— has about the same
Ordinarily, this glass
known
as
**
imbedded at
to
air,
over by fine cracks, yet
whole.
is
commonly used
there
is
a better
way and are ready to save
property and their lives
their
—both constantly at peril —by
adopting it. Invention will not lag upon demand.
but it can be made clear by surface grinding.
It is always better to proposes specific practical remedies
There have been two notable instances here of the than to deal out general complaint and lamentation,
behavior of the modern tall building under "ex- and so we have described those which are at present of
posure" test. In 1897 the Nassau Chambers burned the greatest potential value. At the foundation there
and heat from an extension penetrated the unpro- must come a clear recognition that there is an evil
tected windows on several floors of the Vanderbilt condition, and therefore we have tried to exhibit the
Building, consuming doors, partitions and contents condition, Which is bad indeed and growing worse.
in tiers of offices and skinning floors and walls of all
combustible matter. In December 1898 the many
FEDERAL RAILROAD RECEIVERS
plain windows of the Home Life Building overlookST A TE LA WS.
ing the Rogers, Peet & Co. fire were penetrated and
several floors were similarly eaten out.
A case recently decided by the United. States SuAmple test
has shown that this wire glass in non combustible preme Court gave opportunity to the Court for sumframing would have kept the fire out of these two marizing succintly the duties of railroad receivers
buildings, at a saving of a quarter-million.
Like the appointed by the Federal courts as regards State laws
cable described, this improved window can be applied and regulations, and the methods of enforcing reto old buildings; with that in place fire may beat sponsibility under them.
No new principles were
harmlessly upon brick walls and the "exposure" risk announced, but with great precision the rules applicabe very largely removed. In the New York down-town ble in such cases were set out by references to predistrict alone how many exposed ordinary windows are vious decisions, where the points raised in the case
now waiting for fire to break through them ?
under review had been considered and decided.
The other device is that of fireproofed wood. The
The suit was that of Morasch vs. Erb, the receiver
idea of impregnating wood with chemicals is not new, of the Kansas City Wyandotte & Northwestern RR.
but it is only about five years since a process was Co. The parents of Irene Morasch, an infant about
found which ia effectual without injuring the wood or twenty-two months old, brought an action in the DisThe treated wood looks like trict Court of Wyandotte County to recover damages
losing efficiency in time.
any other and is not changed appreciably except that for the death of their child, caused by a passenger
Uuder prolonged fire it chars on train negligently operated, as claimed, by the engineer
its grain is closer.
The accident occurred
the surface, but neither flames nor burns, leaving all and trainmen of the receiver.
below the outer skin unchanged. All the Unittd within the corporate limits of Kansas City, Kansas,
States war ships built since this latter process became aud the allegation was that it was due to neglect to
known use only wood fireproofed by it, among them observe a city ordinance regulating the speed of runtranslucency as that
in office doors,
|
AND
August
THE CHRONICLE
4, 1900.J
218
ning trains. Judgment was rendered for $1,020, and
Under those circumstances a difference of regulathe case passed through the various courts until finally tion as to the matter of speed would be perfectly
it reached the United States Supreme Court on appeal legitimate, and it could not be held that the classifrom the Supreme Court of the State of Kansas.
fication was arbitrary or without reasonable reference
It will not be necessary to go at length into the to the conditions of the several roads.
With the*
various defenses set up by counsel for the receiver. presumption always in favor of the validity of legisSuffice it to say that numerous errors were alleged and lation, State or municipal, if the ordinance stood by
objection raised to an action in a State Court against itself the courts would be compelled to presume, he>
a Federal receiver, besides which the validity of the declares, that the differing circumstances surrounding
city ordinance involved
was called in question. the tracks of the respective railroads were such as to>
Justice Brewer, in delivering the opinion of the justify a difference in the rule in respect to the speed
0". S.
Supreme Court, does not feel called upon, of their trains. It is pointed out, however, that ia
as already stated, to do more than indicate the prin- the case under consideration the court was not left to
ciples which must be accepted as governing in such any mere matter of presumption of this kind.
The>
instances.
He says that while in the briefs many testimony disclosed that the Inter- State Rapid Tranmatters are discussed with fullness and elaboration, sit Railway was simply a street railroad connecting
the questions of a Federal nature involved in the the cities of Kansas City, Missouri, and Kansas City,.
present record are few in number and practically de- Kansas.
It was operated at the time of the passage
termined by previous decisions of the Court.
ordinance
by steam power, but with that power
of the
He cites several cases to support the opinion used only in dummy engines, while at the time of the ac(1) that a receiver appointed by a Federal court to cident involved in the suit it was operated by electricity.
take charge of a railroad must operate the road accord- Thus it was a totally different kind of road from the
ing to the laws of the State in which it is situated. Kansas City Wyandotte & Northwestern. This disNumerous authorities are also named sustaining (2) tinction was clearly brought out in the opinion of the
the conclusion that a receiver is liable to a suit in a Court below, where it was shown that the Inter- State
court other than that by which he was appointed, Rapid Transit Railway was a street railway operating
even in a State court, for disregard of official duty a line for the carriage of passengers only ; whereas
which causes injury to the parties suing. Further- the Kansas City Wyandotte & Northwestern RR. was
more, the doctrine is held to be well settled (3) that a an ordinary railroad for the carriage of both passen»
city, when authorized by the legislature, may regu- gengers and freight.
late the speed of railroad trains within the city limits.
Justice Brewer refers to the fact that there was
Numerous references are given where this doctrine testimony that at or near the place where the accident
has been upheld. Justice Brewer says that such a happened, parties thought the operation of the Btreefe
regulating A.ct is, even as to inter- State trains, one railroad, which was thus apparently given exceptional
only indirectly affecting inter- State commerce and is privileges, was more dangerous than the operation of
within the power of the State, at least until Congress the railroad in the hands of Receiver Erb, and against
shall take action in the matter.
which the present suit was brought.
The Court
But a further question had been raised with refer- brushes this testimony aside and says it can be given
ence to this regulating Act. The ordinance, besides no weight in determining the point at issue. For the
making it unlawful for any person having in charge a validity of such an ordinance is not determinable by
railway engine or a train of cars to permit the same individual judgment.
It is not a matter to be settled
to be run aloT?g any track in the city at a greater by the opinions of witnesses, and the verdict of a jury,
speed than six miles an hour, excepted from the pro- as to whether one railroad in its operation is more
visions of the ordinance the Inter-State Kapid Transit dangerous than another.
All that is necessary to upRailway company, though not as to funeral or other hold the ordinance is that there is a difference. Given
processions.
It was contended that the exception the fact of a difference, it is a part of the legislativehere named created a classification which is arbitrary power to determine what difference there shall be in.
and without any reasonable basis, and therefore oper- the prescribed regulations.
Accordingly Justice
ated to deny the equal protection of the laws. This Brewer could see no reason why the judgment of the
last proposition seemed to Justice Brewer the only Supreme Court of Kansas should not be affirmed.
matter requiring anything more than a declaration of the law and a citation of decided cases.
ITEMS ABOUT BANKS, BANKERS AND TRUST CO'8
He could see no merit in the argument. If there
The sale of bank stocks ihis week was limited to 50
were nothing in the record beyond the mere words shares of National City Bank stock, sold at auction for $335
—
of
the
ordinance,
sustained,
because
reflection, that
the
it
contention
could
not
was obvious, on a moment's
the tracks of different railroads
traverse the limits of
be
a
city
may
under circumstances
so
essentially different as to justify separate regulations.
One road may
pass through crowded parts of the city,
crossing or along streets constantly traveled upon by
foot passengers and vehicles, while other roads may
pass through remote parts of the city where there is
little travel and little danger to individuals or car
Ooe road may pass through such portions of
the city as will prevent its tracks from being fenced
in, while another may
pass through portions which
permit of the fencing of the tracks, and where, in
riages.
fact, the tracks
may be
fenced.
per 6hare. Two lots of trust company stocks aggregating
33 shares were also sold at auction.
No sales of either class
were made at the Stock Exchange.
Shares. Banks— yew York.
Price.
60 City Bank, National
335
Last Previous Salx.
June 1900— 349
Trust Companies— New York.
25 America, Trust Co. of
June 1900— 199*8
204%
8 N. Y. Life Ins. & Trust Co. .1401
Feb. 1800—1425
—National bank circulation still keeps increasing underthe operation of the new financial law. The Government
for the first of the month shows a net addition duiing July
to the volume" of outstanding notes of $1.0,455,637. This»
added to the increase of $9,070 830 in June, $.5,210,563 ia
May, $14,325,258 in April and $21,518,190 in March, makes a
of over $70,000,000. The
outstanding is $320,015,356, against
total for the five
months
amount
of
$M9,434,notes now
878 on March 1. The funding operations have progressed
pretty rapidly as far as the banks are concerned. Not counting $14,072,600 of bonds held in the Sub-Treasury in this city
THE CHRONICLE.
2!4
[Vol. LX2I,
—The Cleveland Clearing House Association is considering
Government held on July 31,
bank
new
for
rules governing the collection and handling of out-of$384,751,010 of bonds altogether, either as security
circulation or against Government moneys in the banks. Of town checks. It is proposed to charge yz of 1 per cent on the
against public deposits, the
amount, no less than $296,346,000 consisted of the new 2
per cents. Of the remaining $88,000,000, §10,922,550 consisted
of the extended 2 per cents, which have been called for payment in August, and $17,832,250 consisted of the 4 per cents of
1925, which are not fundable under the new law; of the other
issues held, $6,385,^500 were 5s due 1904, $31,859,650 were 4s
due 1907 and $21,330,060 were 33 of 1908.
this
—Government
holdings of cash in Sub-Treasury vaults
aggregate of
checks payable in the States west of the
O'aio River, and south of
Pennsylvania and Delaware, and in the Dominion of Canada
(except those payable in St. Paul, Minneapolis, St. Louis,
Wheeling, Louisville and Baltimore), which may be deposited
in any one day by any person, firm or corporation not engaged in the business of banking, and not less than 15 cents
in any one case.
This appears to be as yet only a tentative
suggestion, it being fouad that a change in the constitution
and by-laws will have to be made before any such rules can
be adopted. According to the Cleveland papers, a committee
has been appointed to draft a new constitution.
all
Mississippi River, south of the
were increased nearly four million dollars daring Jaly. This
may seem strange in view of the fact that Government expenditures on account of the heavy disbursements made at
the beginning of the fiscal year exceeded Government revCivil service rules are applied in the management of the
The explanation is found in the fact that a call for
enues.
the
during
New
fell
due
York City banks, and when one of the higher officials
depositary
banks
upon
the
$5,000,000
$98,were
1
drops
out, or a new position is created, some capable and
month. The deposits in the banks on August
584,698, against $101,879,520 July 1 and $111,322,418 June 1. faithful man from a lower position is advanced to fill the
The reduction during the two months correspDnds very vacancy. We are persuaded that this policy accounts for
—
closely with the total of the three calls for $5,000,000 each
made in this period. As announced two wasks ago, no fur-
ther calls are intended. The Secretary has accumulated
ample cash to provide for the $19,625,90) of extended 2 per
cents still outstanding, and which are to be redeemed on the
18th. The total of cash held in Government vaults August
1 was $283,555,660, against $263,831,054 on June 1, so that
20% million dollars wa3 withdrawn from market supplies
during these two months without having any effect on
money
rates.
—
From time to time Mr. James Stillman, President of the
National City Bank, has bought more or less of the stock of the
Lincoln National Bank of this city, as it was offered, thereby
establishing close business relations between his bank and the
Lincoln. Recently, when the trustees of the estate of the
late Cornelius Vanderbilt came to consider what disposition
to make of the block of stock of the Lincoln which had been
owned by the deceased, opportunity was offered Mr. Stillman
to increase his holdings of the stock, and he took advantage
of the opportunity. Consequently Mr. Stillman's holdings of
the property have become quite important and, as a matter
of course, the business relations of the City with the Lincoln
Bank are even closer than they were before. The Lincoln,
which was organized in 1892, is a valuable property, as is
indicated by the fact that its stock is quoted at 775. It has a
capital of $300,000 and a surplus of $590,100, while its deposit
line is more than $12,000,000. The bank is admirably located
for business in the immediate vicinity of the Grand Central Station, and as a Vanderbilt institution, which it will continue to
be
prominent members of that family still being largely interested therein— it has commanded, and it will continue to
command, the confidence of the business community. There
will be no change in the executive management. The President
is Thomas L. James, who, it will be remembered, was Postmaster at New York during General Grant's second term
and the first term of Mr. Hayes— 1873 to 1881—and Postmaster-General in General Garfield's and General Arthur's
cabinet. Among the directors are E. V. W. Rossiter, William R. Grace, F. W. Vanderbilt, Noah Davis, M. C. D.
Borden, C. C. Clarke, Marcellus Hartley and James D.
—
Layng.
In acquiring a large interest in the Lincoln Bank Mr.
Stillman has pursued the policy which he adopted soon after
his assuming the Presidency of the City Bank, of broadening
the sphere of influence of his institution through the acquisition of interests, either individually or through his board of
directors, in banks and other financial corporations, not only
in this city but in various cities in the country. In this way
he has practically established branches of his bank in important business centres, greatly to the advantage of the
City Bank and of benefit also to the institutions which he in
part or entirely controls through stock ownership. Thus,
within a comparatively recent period he has secured the
Second National, the Bank of the Metropolis and now the
Lincoln National Bank, and shortly there will be organized
in the interest of the City Bank another institution, the Fidelity Bank, on Madison Avenue. Besides these the City
has intimate relations, through stock ownership, with the
United States Trust Co., the New York Security & Trust Co.,
and with other trust institutions in this city, as well as
with banks and trust companies in the interior.
much
of the success that has attended the operation of the
larger institutions.
A short time ago the
Hanover National
Bank made Mr. William Halls Jr. formerly Cashier, Viceand moved the whole long list of persons in the
,
President,
succeeding grades one step forward, resulting in the appearance for the first time in the printed list of officials of Mr.
Alexander D. Cambell, a peculiarly loyal and devoted employe, who had through this action been raised to the position of Second Assistant Cashier.
This week we see the same policy illustrated in the case
of the Chase National Bank. Mr. John T. Mills Jr., the
Cashier, having resigned his position, Mr. E. J. Stalker, the
former Assistant Cashier, has been promoted to the position,
while Mr. W. O. Jones has been appointed an additional Assistant Cashier. Both are highly capable men, and the interests of the bank are conserved through their appointment.
Mr. Stalker has been connected with the Cnase National
since January 1882— a period of eighteen years— and before
that had been, for a period of seven years, with the American
Exchange National Bank of this city. He passed successively through all the various grades— check clerk, bookkeeper, discount clerk, auditor, chief clerk and Assistant
Cashier. Mr. W. O. Jones has b9en in the service of the
Chase National in various capacities for over eleven years,
and before that time was connected with Western banking
interests; he was also for several years private secretary to
the General Manager of the Northern Pacific Railway. The
Chase National is one of the largest banks in the city, and
now has four Assistant Cashiers, namely, S. H. Miller, H. K.
Twitchell, W. O. Jones and C. C. Slade. Mr. H. W. Cannon
is the President and A. B. Hepburn the Vice-President.
The Industrial Trust Company of Providence, R. I., held
its thirteenth annual meeting on Tuesday, July 31.
A stateof
the
business
for
ment
the fiscal year was submitted, showing net earnings for the twelve months of $143,473 29. Oat
of this dividends of $61,000 were paid (namely, 2^ per cent in
February on $1,000,000 stock, and 3 p.c. in August on $1,200,000 stock) and $82,000 carried to the surplus fund. The
Treasurer's report showed deposits on July 30, 1900, of $13,879,188, an increase over the figures for July 26, 1899, of over
President Samuel P. Colt, who presided at the
$6,000,000,
meeting, referred in his report to the purchase by the
company during the year of the Third National ^and the
Roger Williams National banks of Providenca, the Pacific
National and First National banks of Pawtucket, the National B .nk of Rhode Island, Newport, and the Woonsocket
National Bank. Branches of the Industrial Trust Company
were established, it will be remembered, in the cities of
Pawtucket, Newport and Woonsocket to take the place of
the banks absorbed. Mr. Colt said that these branches were
all in a prosperous condition.
—The Atlantic Tru3t & Deposit Company of Baltimore'
which was organized last year, but which never really became a going concern, this week defaulted in the payment
of interest on the first and second mortgages on its building
It is understood that steps will be taken to wind up the company's affairs.
—Mr. H. S. Newbury, who has been with the Savings
Trust Company of Cleveland for the last ten years, has bee
elected Assistant Secretary and Treasurer of that well-know
—
».'-
i
nstitution.
.
August
THE CHRON1CL&
4, 1900.]
—The Bank of England under date of Aug. 3 announces
an issue of £10,000,000 Government Exchequer bonds, bearing three per cent interest and maturing August 7, 1003.
The
.
price of the issue is fixed at 98.
Our usual monthly detailed statement of transactions on
the various New York Exchanges is appended. The results
for the seven months of the calendar year are given, and for
purposes of comparison the figures for the corresponding
period of 1899 are also presented.
Applications, accompanied by a deposit of £5 per centum,
will be received at the Chiefj Cashier's Office, Bank of Eng
The
be opened on Tuesday, the 7th of
August. In case of partial allotment the balance of the
amount paid as deposit will be applied towards the payment
of the first instalment. Should there be a surplus after
making that payment such surplus will be refunded by
check. The dates on which the further payments will be required are as follows £20 per centum on August 15, £25 per
centum on September 14, £ 15 per centum on October 15, £23
per centum on November 15.
Messrs. J. P. Morgan & Co. and Baring, Magoun & Co.,
New York, Drexel & Co., Philadelphia, and Kidder, Peabody
& Co., Boston, are authorized to forward applications* for
land.
will
list
:
allotments of the bonds.
Edward Erie Poor, who until May last was President of
the National Park Bank of this city, died in Liverpool, Eng.,
215
Seven Months, 1900.
Par Value
Actual
or Quantity
Value.
Outrtption.
Goods Bank and was in the directorate until its voluntary
liquidation. He was made a director in the National Park
Bank in 18S8, succeeding Arthur Leary as Vice-President in
1893 and succeeding Ebenezer K. Wright as President in
Actual
Ater'gt
Price. or Quantity
Value.
Price.
Aver'ge
72.317.616
n^okiSh'i.
8took{ Val 16974,411 912 $4951(01,441 71-0
1805,065,300 $245,265,682 80-4
BR. bonds
16,223,054 117-1
$5,816,210
Sor't bonds
$1,113,435 745
$1,404,100
State bonds
$143,883 160-2
$75,650
Bank stocks
109.8tl.4ffl
1
01226 06650 {8489219609
$5652016,655
Total value,
79 9
$502,444,800 $50«.Vfl4,12fl 856
$7,135,820
18,06 1.2U4 113-0
$1,687,800
$1,129,522 66-9
$317,950
1736,463 231-6
11224382620 $9,006110'24
Total... $7286.353,172 $6208*47,496 71*4
448.26H.C6u 74 9-32c 611,273,8*5
603,610,930
378,666,079
Grain, bush,
740.
l$9,S84S76«08
The volume of transactions in share properties on the New
York Stock Exchange each month since Jan. 1 in 1900 and
1899 is indicated in the following
SALES OF STOCKS AT
—
on Sunday. Mr. Poor was born in Boston, Mass,, February
5, 1837, and after graduating from the public schools of that
city he was employed in 1851 in the dry goods commission
house of Read, Chadwick & Dexter, remaining with that
concern until 1864.
He then removed to and engaged in
business in this city, and in the following year consolidated
his house with that of Denny & Jones under the firm name
of Denny, Jones & Poor. In 1869 the firm style became Denny,
Poor & Co., continuing as such until 1898, when Mr. Poor
retired.
Mr. Poor was one of the organizers of the Dry
Seren Months, 1899.
Par Value
:
NEW YOHK STOCK EXCHANGE.
1900.
Month.
1899.
Value*.
Number
of Shares.
Par.
Values.
Number
of Shares.
Actual.
Par.
Actual.
*
$
$
687,243,018 34,251,983 2.360,845.651 1,619,620,838
718,677,567 16,106,235 1,536,370,600 1,190,899,103
Peb... 10.196,392 976,723,926
March. 14,446,7(2 1,409,938 650 1,101 ,018.407 17,742.390 1,705,438.450 1,376,266,851
Jan....
$
946,681,49"
9,843,716
1st qr 34,485,890 3.333,238,962 2.606.938,992 58,100,608 5,592,664.600
May....
June...
1,186,686.786
9,619,473
903,288,900
977,081,461 16,993,626 1,675,038,650 1.431,785,17$
610,4(1,418 14,956,899 1,467,583.850 1.234,986,630
7,808,687
704,924,650
455,C82,364 10,903,793 1,066.613,050
April... 14,772,978 1,434,106,700
927.954.406
2d qr. 81,601,133 3,041,830,250 ?,04 2,665,24 3 12,853,818 4,209,115,460 3,594.676,109
8
mos.. 66,087,02? 6,S74,t69.212 4,649,594.235 100953926 9.801,770.050 7,780,361,896
July....
599,842,700
8.280,493
401,407,206
8,387,530
708,857,714
820.926,600
The following compilation covers the clearings by months
January 1,
since
MONTHLY CLEARINGS.
above noted, in May last in consequence
of ill- health. Mr. Poor was a member of the Chamber of
Month
Commerce for twenty- eight years. He was a director of the
American Surety Co., of the American Audit Co., of the
Consolidated Coal Co., of the Denver Union Water Co,,
January
of the National Park Bank, of the Mount Morris Bank, of February
Marsh
the Plaza Bank and of the State Trust Co.
—The Produce Exchange Bank, which now occupies of- 1st qmar.
fices in the Produce Exchange Building, has purchased the April
May
plot Nos.JlO and 12 Broadway and Nos. 1 and 2 Beaver Street,
June
on which it will erect a banking building containing also
1895, resigning, as
Clearings, Total All.
—A
$
new
State financial institution, to be
Bank, with a capital of $100,030
surplus of $25,0?0, began business on Wednesday at the corner
of Third Avenue and One Hundred and Forty-eighth Street.
The officers are Frederick L. Eldridge, First Vice-President
Knickerbocker Trust Co., President; Valentine P. Snyder,
President of the Western National Bank, Vice-President, and
Thomas E. Lyons, A, Foster Higgins, Oakleigh Thome and
William H. Z^ltner, directors. The business of the Washing,
ton Bank will be cleared through the Western National.
Clearings by Telegraph.— Sales of Stocks, Bonds, &c*—
The subjoined table, covering clearings for the current week,
usually appears on the first page of the Chronicle, but on
account of the length of the other tables is crowded out
once a month. The figures are received by telegraph from
the leading cities. It will be observed that as compared with
the corresponding week of 1899 there is a decrease in the
aggregate of 15-7 per cent. So far as the individual cities are
concerned, New York exhibits a loss of 24'4 per cent and
Boston 14*9 per cent; Philadelphia 2*3 per cent and St.
Louis 10 4 per cent. Baltimore records a gain of 14 3 per
cent, Chicago 1*8 per cent and New Orleans 17*1 per cent.
Week Ending August
.Return* by Telegraph.
1900.
7,629,066.659
8,737.489,875 —12'7
2,798,609,224
2,835,404,896
21,694,833,328 24,231,854,840 -10-6
8,248,285,649
8,088,380,354
+1-9
8.291,784,464 —101 2,789,817,45V
8,338,637,830 -12-4 2,828,516,54*
7,606,67 7,34t
Ill 2,779,644,710
2,714,872.628
2,813,979,534
+0*8
+0*5
2,726,466.277
+2
2d quar... 21,415,681,079 24.137.099.6E3 —11-8 8,347.978,"1E
8,255,348,434
+11
-10 9 16,698,244.284
16,343,788,788
+1-5
2.703,383.280
—0-3
7,456.064,401
7,305,763,627
6,653,853,051
July
6.247,278.781
(975,882.284
188,798,461
$1,206.105 679
175,047,961
—19
$1,164,690,745
210.774,443
$1.380, 15S.6J0
250,742.347
—16-8
-15 9
$1,875,455,188
$l,630.895.t87
-15*7
16.116 027
Seven cities, 8 days
Other cities, 6 days
Total
all cities,
6 days
All cities, 1 day
Total
all oltles
,
for
week
-24-4
-14-9
-2-3
+143
$
2,440,684,622
-
-128
7,123,749.893
2,695.663,847
The course of bank clearings at leading cities of the country
for the month of July and since January 1 in each of
the last four years is shown in the subjoined statement.
BANK CLEARINGS AT LEADING
1898.
(000,000*
1900.
1899.
omitted.
9
*
*
3,552
4,420
2,977
483
561
339
130
134
88
85
67
54
35
34
624
508
404
131
419
407
290
109
82
75
59
53
42
24
29
26
32
>
8Tew York...
Chicago......
Philadelphia
Louis....
Pittsburg..
Baltimore...
San Fran'oo.
St.
Olnolrmatl...
K.ansas City
New Orleans
Louisville...
Minneapolis.
Cleveland...
Detroit
Provldenoe..
Milwaukee..
Banalo
Columbus...
8t. Paul
51
40
37
28
23
26
21
22
105
94
83
60
47
27
34
39
44
34
26
24
26
20
22
19
CITIES.
1897. 1900. 1899. 1898. 1897.
%
9
$
9
9
2,834 30,066 36,446 22 882 16,992
462 3,596 4,145 3,029 2,^76
364 3,966 3,751 3,111 2,3*2
265 2,757 2.822 2,095 1,759
103
88
72
61
53
36
24
28
27
26
25
23
21
20
17
16
14
12
10
29
21
20
25
16
952
950
650
567
472
404
291
257
310
325
246
190
171
182
148
156
138
78
125
932
883
769
526
429
336
251
235
267
288
236
137
1«2
161
140
147
127
82
822
567
533
457
381
3 22
256
204
232
216
196
150
151
170
121
120
l'l
75
85
758
467
432
396
361
298
225
184
180
176
163
154
132
128
113
106
91
74
73
13
14
16
14
12
11
5,917
6.818
4,789
330
306
232
4,601 i 16,997 J >3,414 36.286 5 59,510
208 2,361 2,079 1,769 1,440
Total all... 6,247 7.124 5.020
OutsideN.Y. 2,695 2,704 2,013
4,809 4 9.358 I .5.493 33,055 5 9,950
1,975 19,292 19,047 15,173 13,058
Denver
21
12
16
Total
Hartford
P. Cent
107.033.528
24,535.187
5,840.151
89,783,161
71.660,464
Louis
1899
$874,674 909
105,581.040
73.345,529
14 101.482
105.096,650
27,389.849
4.986 521
1660,913,783
Philadelphia.....
4
P.Ot.
+6-6
+1-7
-1-6
f
Clbarings.
1899.
2.812,310,838
as the
and a paid-in
York.
6,428.007.389
7,637.759.375
6 months. 43.110.514.402 48,368,953,993
known
1900.
New
$
$
8,503.060,612 -10-2 2,973179,980
6.991,303,863 -8-1 2.481,476,310
offices.
Washington
St.
p. a.
1899.
1900.
.
business
Clearings Outside
Other oltles..
92
+18
— 10*4
+17-1
+7-9
DEBT STATEMENT JULY
31 1900.
of the, public debt and
Treasury cash holdings of the United States are made
up from official figures issued July 31 1900.
The following statement
.
—
.
THE CHRONICLE.
216
INTEREST-BEARING DEBT JULY
HtU
of
Loan—
Intere*t
payable.
Fund. loan, 1891.
Continued at 2 p. c.
*)4s.
Loanof
,
Total.
Coupon.
Registered.
issued.
260,000,000
'
1P.625.900
318,308.460
6x.699.800
198.7U2.640
740,918,050 289,417,560
40,012,760
162,316.400 120,866,200
100,000,000
27,645,850
19,626,900
3*),687,h60
$7,319,100
66,MK),K40
59.442,250
820,fl8V,55d
"
126.636/40
848,8 9.810
36,170
162,315,400
44,071 ,600
4i',450.2o6
16,425,350
Agg'te Int. -Bearing Debt.1.812,726.890 820.528.150 191.567,840 1.021 126.160
Note.—The denominations of bonds are as follows: Two per cents (registered
•nly), $60, $100, $S>00, $1,000, $5,000, $10,000, $20,000, $50,000; 4s of 1907, registered, $50, $100, $600, $1,000, $5,000, $10,000. $20,000, $60,000, coupon, $50, $100,
1600, $1,000: 4s, refunding certificates, $10; 6s of 1904. registered, $50, $100,
fl.ooo, $10,00o. coupon, $50, $100, $l,0i 0; 4s of 1925 registered, $5", $100, *500,
11,000, $5,000, $10,000. coupon. *50, $100, $500, $1.0u0; 3s of 19081918 registered.
•20. $100. $500, $1,000. $5.00o, *10,000. coupon, $20. K100, $5'0, $1,000; 2s of 190019S0, registered, $50, $100, $500, $1,000, $5,000, $10,000, $60,000, coupon, $50, $100,
•500, $1,000.
DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY".
June
July 81.
30.
$76,260 0"
1,100,070 26
$76,250 00
1,100,060 26
Debt on which interest has ceased
$1,176.320 26
Bonds issued to Pacific railroads matured but not yet presented; Union Pacific, $13,000
Central Pacific,
$1,000;
Kansas Pacific, $5,000 total
$1,176,310 26
Funded Loan of 1891, matured September 2 1891.
Old debt matured prior and subsequent to Jan. 1 '61
.
.
;
$19,000 00
DEBT BEARING NO INTEREST.
$346,681,016 00
63,847 60
S3,89o,751 00
$15,264,924 41
8,376,984 00
.
6.878,<>90 41
United States notes
Old demand notes
National bank notes— Redemption account
Fractional currency
Less amount estimated as lost or destroyed
Aggregateof debt bearing no interest
..$386,901.604 91
RECAPITULATION.
July 31 1900.
Claudication of Debt—
Interest-bearing debt
Debt, interest ceased
Debt bearing no Interest.
June 30
Inc. or Dee.
1900.
$
386,004,604 91
1,023,478.860 00
1,176.320 26
888,761,782 41
Dec. 2,353,700 00
10 00
Dec.
Dec. 1,857.127 60
Total gross debt
1,400,206,076 17
Cash balance in Treasury*.. 299,869,865 18
1,413,416.018 67
306,705,654 78
Dec. 4.210,837 60
Dec. 5,846,899 66
.
. .
.
Total net debt.
.1,021,125,180 00
1.176,310 26
.
.1.109,346,710 05
1,107.711,257 89
Inc.
1,635,462 16
• Including $150,000,000 reserve fund.
The foregoing
(Interest-bearing
and a net debt
figures
show a gross debt on July
and non-interest- bearing) of
31 1900
$1,409,206,075 17
(gross debt less net cash in the Treasury) of
$1,109,346,710 05.
—
Pacific Railroad Debt. At present the only bonds not
paid or in some manner settled by the companies are the
Central Bianch Union Pacific and the Sioux City & Pacific
We consequently omit the others from our table. Any
reader desiring the details with reference to all the issues
will find the facts in the Dabt Statements for March 31 1900
and previous dates.
UNLIQUIDATED BONDS ISSUED TO PACIFIC RAILROADS-THEIR
STATUS AUG. 1, 1900.
Name of Road.
•Central Branch Union Pacific
Wioux City & Pacific
Total.
...
Principal.
Interest.
$1,600,0<0 00
$2,147,958 90
Total due,
V.S
$37<7W6890
1,628,32000
2,586,84976
4,194|l697tt
$3,228,82000
$4,713,809 66
$7^949,128 66
Treasury Cash and Demand Liabilities.— The cash holdings of the Government as the items stood July 31 we take
from the Treasury statement of that date. The net cash
balance and the reserve fund of $150,000,000 have both been
deducted above in reaching the net debt.
CASH IN THE TREASURY.
Reserve fund—
Gold coin and bullion
Trust fundsGold coin
.$150,000,000 00
.$229,000,179
419,158,000
4,271,314
e0.2e6.686
.
.
2.680,000
,
Stiver dollars
Silver dollars of 18W.
Silver bullion of 18-0.
United States notes..
General fundGold coin and bullion
Gold certificates
Silver certificates
Silver dollars
Silver buliioD
United States notes
Treasury notes of 1890
Currency certificates
National banknotes
Fractional silvercoin
Fractional currency
Minor coin
Bonds and interest paid, awaiting reimbursement
national bank depositaries
To credit of Treasurer of the
United States
To credit of United States disbursing offloers
.
00
00
00
00
00
724,371,179 00
$52,170,«O6 86
2i,*8n,770 00
8,596,7600
8,217,66000
169.291 hO
26,0»-P,065 00
6£2,0e000
8,998.72807
7,'<36,870 66
126 31
461,732 47
80 865,606 65
6,729,091 72
280,643.005 66
1,105,014,184 66
$2 '9,000.179 00
419,153,0'
00
v,fl80,000 CO
0000
Treasury uotes of 1890
73,538,
National bank S per cent fund
Outstanding checksand drafts....
Disbursing officers' balances ....
Post Office Department account..
Miscellaneous items
12.451.870
7.8*3.876
62,99 ."16
4,309,086
$724,871,170 00
62
55
69
28
M.lS-,61142
80.783,640*44
Reserve fund
Available cash balance
$805,154,819 44
,
16",000,000 00
149,869,806 12
2l)3,P59,366 12
Total
Cash balance in the Treasury June 30. 1900, exclusive of
serve and trust funds
Cash balance in the Treasury July 31, 1900. exclusive of
••
serve and trust funds
Decrease during the month.
London, Saturday, July 21.
Markets have been in a very depressed state this week,
partly due to the fear of dear and scarce money, but chiefly
owing to apprehensions respecting China. Thac the task of
restoring order will be difficult and will involve the borrowing of a considerable sum is obvious; but the market seems
to take a very exaggerated view. It argues that our own
Government will have to borrow on account of South
Africa. When the Chancellor of the Exchequer took the
vote for the South African expenditure, he expressly stated
that a certain portion was to be paid out of the revenue of
the year, and that the vote he asked for only covered operations till the end of September, and did not include the cost
of bringing home the troops. The revenue has come in more
poorly than the Chancellor anticipated. The war, the rise
in prices— especially in the price of coal and iron— the famine
in India and the disturbances in China have all had a greater
effect upon trade than the Chancellor of the Exchequer
made allowance for; and consequently he will not be able to
pay for as much as he estimated. On the other hand, the
bringing home of the troops will have to be provided for.
Upon the whole, as nearly as can now be estimated, it seems
likely that he may have to ask for an additional sum of about
10 millions sterling on account of South Africa. That, it
may be hoped, will cover all the outlay. Of course much of
the outlay will be got back by and by. The maiket, however, has jumped to the conclusion that a much larger sum
will be required.
How much will be needed for China nobody knows. It
has been stated that the first 10,000 men sent from India to
China will cost very nearly a million sterling. Another
So that it seems safe to
10,000 are now to be despatched.
estimate that at least two millions will be required; and
then there will be the keeping of the army in Cnina during
the time hostili'ies last. It seems safe, therelore, to conclude that at least five millions will be required on account of
China, which, added to the ten millions sterling required on
account of South Africa, would make a total additional loan
of about 15 millions sterling. The market, though, looks
for at least twice as much. Then it is obvious that France,
Germany, Italy and Austria will all have to borrow, as all
are sending out troops; and it seems clear that Russia will
have to borrow a good deal, for an invasion of Russian territory has actually taken place, and Russia may nave to despatch very large forces to protect Siberia and make good her
footing in Manchuria. It looks at the present time, in short, as
if the greater part of the fighting and the expenditure would
Russia, fortunately for herself, has a
fall upon Russia.
large gold reserve upon which she can draw. Probably she
will have to send a very considerable portion of it to London,
Paris and Berlin to meet her obligations. In the long run,
however, she will have to borrow; and already there is an
anticipation in Paris that two Russian loans will be introduced, each amounting to 20 millions sterling and bearing
interest at 5 per cent; but it is thought that the borrowing
will not take place until the British Government has ended
For, as is justly observed, Russia would sufits operations.
fer if she were to come into the market to compete with a
Government
of so
much
better credit.
of all this kind of reasoning, there has
been active selling, both of consols and of the war loan during the week. The first of them has been at times during
the week about 2% under par, and the second as much under
Part of the selling of course has been
the issue price.
speculative, part of it has been by holders who borrowed on
it and who fear that if they hold longer they may lose more.
Other securities likewise declined, though not to anything
like the same degree as British Government stocks; and there
is an entire unwillingness to engage in new enterprises. The
new companies that have been brought out during the week
have not been subscribed; either they have had to be taken
up by the persons interested or underwriters will have to
As a consequence
$1.10\014,1>4 66
re-
$155,706,664 78
re-
140,8 9,865 18
$5 846,289 66
Bank
of England on Thursday raised
from 3 per cent to 4 per cent. For
some time there has been a steady dram of gold from the
Bank to Paris; and as the reserve of the Bank was not satisfactory, the directors have thought it wiser to take measures
The general hope is that the drain will
to check the drain.
be stopped. Indeed, in Paris a belief to the same effect is
held; aud as the great Paris bankers do not desire any dis-
The directors of the
their rate of discount
$134,058,307 19
96,684.698 37
certificates
Sllvercertiflcates
Currency certificates
[From oar own correspondent.]
pay up
40,789 63
•Sn
Gold
LXXI
1900.
$
n
v
f
)
lt'00-1930
fc.of 1008-1918....
As, Funded loan, 1907.
4s, Refund'g certifio's
4i, Loan of 1926
Be. Loan of 1904
2g,
31
Amount Outstanding.—
Amount
[Vol.
turbance in the London market, it is obvious that they will
do all they can to prevent such a disturbance. At the same
time the Bank of France will take what measures may be
required to attract gold. For, large as its present holding of
the metal is, it wishes to make it stronger still. The impression in Paris is that a good deal of gold will be obtained
Much more is expected from Russia.
from New York.
For the reasons given above, it is thought likely that the
Ru-sian Government will have to send a good deal of gold to
London, Paris and Berlin. In Paris and Berlin the gold is
required only for paying interest on the Russian debt held in
France and Germany and for such supplies as may have
been bought in those two countries. In London the money
partly to pay for supplies bought here or
is required
abroad and partly in order to remic to the Far East. The
greater part of the gold, therefore, will come to London; and
August
1900.
4
THE CHRONICLE
|
it is possible that the
Russian Government, forced by the
situation on the Amur to make extraordinary efforts to increase it* forces on the Pacific coast, may have to send to
London such an amount of gold as will greatly relieve the
money market by and by.
Meantime money continues very easy anfl abundant in
India; and as the monsoon rains are now falling very well,
the hope is strongly entertained that the famine within the
next month or two will come to an end. It is reported that
everywhere the crops have improved greatly. The India
Council offered for tender on Wednesday 25 lacs, and applications exceeding 163% lacs were received. The whole amount
offered was disposed of at prices ranging from Is. 3 29 32d.
to Is. 3 31-32ci. per rupee.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, <ftc
July 18
A
28 R72.380
&
Circulation
PnbliC deposits
Other deposits
Government
securities
securities
other
Beterve of notes and coin
Coin A bullion, both departm'ts
Bank
2*
M?er..
:?:.
8,3<'l.«r6
40.420.072
18.(8^.622
32,6o7.32l
2O.04W.&SH
32.818.981
&H
*4
percent.
rate.
Consols.
80.352.456
10,514.893
8H.917.7N2
20.^76.690
28.40'.647
18,910,9*0
31.488 375
liabilities.. d.o.
.......
July 20
Ju'y2\
*
*
27,868.715
7,4«1.132
47.2S7..H8
13.79l.6a0
83.917.687
26.176.138
27 921,166
7.9i6.4i3
42.803 H3
IS
46%
5j9-w
2H
1117
2
112 13-16
27 7-18d
16
87 7-16d.
172.69i.ouO
204.7>.o.i)00
Sm-
36.21 .>-53
116
HKt
,
i9237.66>'
25.72i.H64
8«i>42.81»
3H
107
185.67a.000
Oleaiine-Honse returns
• July 19.
1897.
431 J -16
97 15-16
28Md.
per cent.....
1898.
1899.
July 19
1900.
Prop, reserve to
165004.OI
The Bank rate of discount and open market rates at the
chief Continental cities have been as follows:
July
Rates of
Interest at
Julu
20.
Bank
Open
Rate. Market
Paris
Berlin
3
6
Hamburg
5
Bank
\
July
1'.
Bank
Open
Rate. \Market
2%
4
4
4
June
8.
Open
Rate. Market
29.
Bank
Open
Rate. Market
3
5
5
5
2}*
4
3
2%
3
5%
4Wi
5)4
4
5)4
4)4
5)4
4
5)4
4H
5)4
3
3)4
SH
3)4
WA
Frankfort
5
Amsterdam
8«
Brussels
4
3*8
4
3H
4
3H
314
4
Vienna
414
4
4
4J6
4)4,
*M
St. Petersburg..
5^
3%
6*
3%
4H
b%
6^
514
m
V4
Sii
3)4
3)4
3)4
3%
3%
6
6
6
6
6
6
6
6
Madrid
Copenhagen
Messrs.
....
&
Pixley
6)4
217
Sat.
Mon.
28ii«
28 k
London.
Silver,
per ounce
d.
97\
Consols., new, 2% p. ots.
83
903s
90
28k
2734
Paul...
Rio Gr., com..
do Preferred.
Den.
Do
Brie,
&
common
Central
Do
do
lorthem
Pacific,
for bullion are reported as follows:
19.
12.
a,
d.
Bar gold,
77 10
76 5
U.
Germ'n goldooln.oz. 76 5
French gold ooin.oz. 76 5
Japanese yen
oz. 76 5
flne....oz.
S. gold coin.. .oz.
July
19
July
d
d.
d.
t.
12.
7710% Bar silver, fine. oz. 28?i„ 287 16
76 5% Bar silver, oontaln'g
76 5%
do 5 grs. gold.oz. 8"n 28>6,6
76 5%
do 4 grs. gold.oz. 8k 2-%
76 5%
do 3 grs. gold.oz. 8",, 28»i«
•ou u
303s
Mexican dollars. oz. -7 k 27k
. .
The following shows the imports of cereal produce into the
United Kingdom during the forty-aix weeks of the season
compared with previous seasons:
IMPORTS.
1899-00.
ilk
33k
17k
xll9k 119k
72k
73k
1896-7.
1897-8.
Importsofwheat,owt.56.732,36o 56.719,250 57,100,010 59,748.650
Barley
14,26: ,9
21,538,243 18,757,404 19,7^0.250
Oats
le.ea-.soo 13,377,420 13,274.4*0 15 85 ,980
Peas
2,962,035
2,306,740
2,102.150
2.117,885
Beans
2,464,2t*0
1,455,420
1,889,5
2.214,550
Indian Corn
5°,249,400 50,061,860 47,710,««0 57,73t>,640
Flour
19.029,000 20,080,605 18,166,170 18.005.080
Supplies available for consumption (exclusive of stocks OS
September
1):
1899-00
1898-9
1896-7.
1897-8.
Wheat Imported, owt.5 6,732,300 56,719.250 67,100,010 59,748,650
Imports of flour
19,029,000 20,080,605
Bales of home-grown. 32,266,422 3 1 ,56o,2 18
Total
108,027,722 108,360.073
1899-00.
1898-9.
Aver.prlce wheat, week 28s.
Average price, season. 26s.
7d.
Od.
25s.
26a.
5d.
2d.
The following shows the quantities
maizo afloat to the United Kingdom:
__
wheat
qrs
l
Flour, equal to qrs. \
Maize
qrs..
This week.
9 > 31
*innnn5
2
°.°0O
810000
\
Last week.
2,085,000
"315,000
715,000
18,166,170
12,843,073
88,'
18,005,080
22,785,308
09 253 100.539 038
we
378.
3t>s.
Id.
5d.
1896-7
29s. 2d
28b. 8d
of wheat, flour and
1898.
1899.
2,390,000
2,27'S,00l
00
265.00C
620.00*
295,<
745.00O
1
London
week ending Aug. 3.
daily closing quotations for securities, etc., at
reported by cable as follows for the
33
3.-U*
32
132
73k
6558
A
&
73k
10k
3184
131S4
3OS4
2034
VOk
34
80
33 k
80
52
73
65 k
20 k
3a34
889
85s
32
80
52
73 k
65 k
10 k
sm
13134
21
34
80
8234
90k
28
U4k
18k
6734
ilk
33k
17k
119
73k
10k
31k
13134
2lk
33k
80
52k
73 k
52k
73k
65*4
6534
858
8k
30k
14%
34k
884
8k
303a
303s
30k
1434
1434
34 3g
1434
1434
I434
34 k
3b 8
3334
34 k
53 k
533b
533g
5^
5238
59
58%
77k
18k
33k
77k
18k
59k
77k
18k
5338
603a
77 k
18k
18k
33
33
Ilk
Ilk
outh'n Railway, com..
Preferred
nion Pacific
Preferred
Wabash, preferred
Deb. "B"
e-noe oer snare
10k
Ilk
33k
17k
119
119
73
72*8
52k
73k
65 k
523a
17k
175a
18k
71
76
59k
77k
l*k
33k
30 k
Uk
Ilk
33 k
3234
30 k
Uk
ilk
60k
77
k
*25,0u0.
W. E.
Capital,
A C
Buswell. Cashier.
5,394— The Second National Bank of Culpepper. Virginia Capital,
$25,000. C. J. Rlxey, President; Eppa Rixey, Cashier.
O. Ross, President;
Certificates Issued June 4.
5,395—Th« First National Bank of Selma. California. Capital, $50,
000. M. Sides, President; D. S. Snodgrass. Cashier.
5,396— The First National Bank of Carrollton, Ohio Capital, $35,000. Junius Fer rail, President; George S. Tinlin, Cashier.
5,397—The Superior National Bank, Superior. Nebraska. Capital,
$25,0oO.
J. 8.
Wm.
Johnston, President;
L. Wilson, Cashier.
5,398—The First National Bank of Rossville, Illinois. Capital, $35,000. Samuel Collison, President; George E. Cravs, Cashier.
5,399— The First National Bank of Moulton, Texas. Capital, $25,000;
President; J. L. Hudson, Cashier.
5,400— The Partington National Bank. Hartinetm, Nebraska. Capital,
$40,000. Levi Kimball, President; A. M. Merrill, Cashier.
,
Certificate Issued
5401— The
June
5.
Bank of Nowata, Indian Territory. CapiJohn E. Campbell, President; Herbert C. Camp-
First National
tal. $25,000.
bell, Cashier.
June
6.
5402—The
First National Bank of Lost Nation. Iowa.
Capital, $25,000. A. H. Gish, President; A. L. Cook, Cashier.
5403—The Ocean Grove National Bank, Ocean Grove. New Jersey.
Capital, $25,000. William H. Beegle, President; T. A. Miller. Cashier.
5401—The Cott >n National Bank of Oakland, Indian Territory. Capital. $£5.000.
President; Frank T. Miller,
,
Cashier.
5405— The First National Bank of Cloquet, Minnesota. Capital. $50,0J0. R. M. Weyerhauser, President; O. Dixon, Cashier.
Certificates Issued June 7.
5,406—The First National Bank of Winnebago City, Minnesota. Capital. $J5,000.
G. D. Eygabroad, President; N. C. Petersen,
Cashier.
New York. Capital,
Crieasey, President; Erie H. Sample, Cashier.
5.408—The First National Bank of Fessenden, No- th Dakota. Capital,
$25,000. A. H. Biroh, President; W. 8. Birch. Cashier.
5,409—The First National Btnk of Mount Vernon, Texas. Capital,
iJMO.OO >. J. M. Fleming. President; A. J Patton, Cashier.
5,410—Farmers' National Bank of Taylorville. Illinois Capital. $100,000. Albert G. Barnes, President; Joshua B. Walker, Cashier.
5,407—The First National Bank of Falconer,
E.
B
Certificate Issued June 8.
5,411 -The First National Bank of Mamaroneck. New York. Capital,
tal, $50,000.
Bradford Rhodes, President; Reuben G.
Brewer, Cashier.
Certificates Issued June 9.
National Bank of Chelsea. Iowa. Capital. $25,000.
Daniel O. Wilcox, President; Jacob W. Shabr Cashier.
5,413—The Rawlins National Bank, Bawlins, Wyoming. Capital,
$S0.000. I3aac C. Miller, President J. A. Reuclle. Cashier.
5,414 -The First National Bank of Woodsfleld. Ohi
O-tpital, $50,000.
Thos. B. Rouse. President J. W. Alder ton, Cashier.
5,412—The
Nirst,
;
1897-8.
English Financial markets— Per Cable.
The
675e
119
103b
80k
pref.
com.
Phila. A Bead
Phila.
Bead, ,1st pref.
Phila.
Read., 2d pref.
o n them Pacific
$2?' ,000.
1898-9.
18k
67k
ilk
18k
Certificates Issued
London Standard.
6758
11
Certificates Issued June 2.
5,393— The First National Bank of Blue Earth. Minnesota.
York. £173.000; West In ales, £20,000; total, £1^ 3,000.
Mexican Dollars— There have only been a few transactions in dollars, and the price remains steady at 27 kd. buyers. Arrivals: U. S. A.,
£43,900.
Silver.
London Standard.
11378
80
28
93, 6
NATIONAL BANKS ORGANIZED.
1
July
273a
1135s
90
9k
national banks
for Paris, and also on account of a South American coinage, has been the f-ature during the week, and account for
the disappearance of all the Australian and South African arrivals.
The ri«e in the Paris cheque on the 17th stopped the export of gold in
that direotion, and today the rise in the Bank rate here has cheeked
all other inquiries, and we quote not better than 77s. lOd. The Bank
lost £150,000, of whioh £111,000 was in French coin, and has bought
In bar gold £ 9,000. Arrivals: Soutn Africa, £126,000; West Indies,
£17.000; total, £143.000. Shipments: Hong Kong, £6,500.
Silver- Silver did not long maintain the reoovery which the French
Mint order caused, and with a dispositiou to take profits on the part of
speculators for the rise, coupled with sales from New York, the prioe
gradually receded to 28 3 i^d., which is the closing price to-Dight. At
this rate there is a fair inquiry from India and China. Arrivals: New
July
82k
71k
78k
83k
763s
-,
National Banks. — The following information regarding
is from the Treasury Department.
3*
3H
Abell write as follows under date of
Gold.
71
26k
11234
ilk
Preferred
Pennsylvania
'
2b 34
884
27 k
1838
6b34
8
& Nashville.
Mo. Kan. A Tex., com.. 1« 3g
31%
Preferred
». Y. Oenfl & Hudson.. 132 k
20*4
*. Y. Ontario A West'n
Norfolk & Western
34k
Louisville
26k
8*84
333a
1758
1st preferred
2d preferred
Illinois
H4k
114k
18k
67
97"i 6
27l5i,
97», 6
97I3, 8
-17k
71
82k
83
St.
e
Frt.
71k
858
2668
70»4
7534
Canadian Pacific
Chesapeake & Ohio
A
2715 l8
975 6
9,58
100- 2 5
834
71k
76k
Ohio. Mil.
28
975
834
Preferred
Baltimore A Ohio
Preferred
Fe..
283 ia
970, „
9715,
27 k
26k
7ik
76k
A.toh.
TKun.
9975 100 10 00-12
7ik
71
7034
71k
Spanish 4s
Anaconda Mining
Top. A Santa
97ii, 6
9711,.
9734
99*95
For account
BYoh rentes (In Paris) fr
Wed.
Tuet.
&0mrajetxtal atidUXiscjellatijeottsgletxrs
July 19:
Gold— The demand
The quotations
'
'
..
.
;
Certificate Issued June 11.
First National Bank of Durand, Miehigan. Capital. $25,000. Luther Loucks, President; Jefferson D. Leland, Cashier.
5415—The
June 12.
Carlstadt. New Jersey. Capital,
$30.0u0. John Zahn, President; Adoiph Kruter, Cashier.
5417—The Fiist National Bank of Roff, Indian Territorv. Capital,
$25,< 00. E. D. Ninis, President; P. A Janeway, Cashier.
5418—The First National Banit of Okmulgee, Indian Territory. Capital, $25,000.
Geo. McLagan, President; W. A. Saunders,
Cashier.
Certificates Issued
5416— The Carlstadt National Bank.
THE CHRONICLF.
218
Certificates Issued June 13.
First National Bank of Loomis, Nebraska. Capital. $25,C00. E. L. Kiplinger, President; F. W. Kiplinger, Cashier.
5420- -The First National Bank of New London, Iowa. Capital, $25.000. Robert 8. Gillie, President:
, Cashier.
5421- The First National Bank of Frederica, Delaware. Capital,
$<!5,000. Thomas V. Cahall, President; John W. Townsend,
5419-
The
fa
ft
Vi
i
p t*
5422- -The First National Bank of Bartlett. Texas.
J. L. Bailey,
,
Certificates Issued June 15.
National Bank of Neoga,
Capital, $25,000. Samuel F. Wilson. President;
5426— The Cumberland County
Illinois.
,
5427—The
City National Bank of Tiffin, Ohio.
Capital, $100,000.
Robert Miller, President; Dallas J. Osborne, Cashier.
5428— The First National Bank of Sisseton, South Dakota. Capital,
$25,000. J. A. Riokert, President; Henry 8. Morris. Cashier.
5429— The First National Bank of Meshoppen, Pennsylvania. Capital, *25,000.
Frank M. Vaughn, President; John G. Hahn,
Cashier.
Certificates Issued June 16.
First National Bank of Fowler, Indiana. Capital, $25,000
John Bond. President;
Cashier.
5431—The First National Bank of Chickasha, Indian Territory. Capital, $25,000.
C. B. Campbell, President; H. B. Johnson,
Cashier.
5432—The First National Bank of Owensville. Indiana. Capital, $25,000. Columbus B. Smith, President; Alexander Emmerson,
Cashier.
New York. Capital, $200,000.
Fred. C. Eddy, Cashier.
5,466 —The First National Bank of Sonora. Texas. Capital. $50,000.
Edward R. Jackson, President; William L. Aldwell, Cashier.
5,485 National Bank of Syracuse,
John Dunn,
Certificates Issued
5,472-
5,474-
5,475-
5,476-
Ca phier.
;
;
M
Certificates Issued June 19.
5,439— The Grapevine National Bank, Grapevine, Texas. Capital,
$25,000. G. E. Bushong. President : R. E. Morrow, Cashier.
5,440- The First National Bank of Elgin, Nebraska. Capital, $25,000.
T. F. Memminger, President
E. C. Million,- Cai-hier.
5,441— The First National Bank of Masontown, Pennsylvania. Capital, $25,000. Alexander Mack, Pi eeident; David R. Anderson, Cashier.
5,477-
$25,000.
.
President; T. M. Dickey, Cashier.
5,444— First National Bank of Bath. Pennsylvania. Capital, $^5,000.
W. L. Odenwelder, President; Jacob H. Seem, Cashier.
Certificate Issued June 22.
5,445—The Citizens' National Bank of Havre de Grace, Maryland
R. C. Hopkins, President;
.Cashier.
Certificates Issued June 23.
5,446- -TheFirt Bank of Tigerton. Wisconsin. Capital. $25,000, W.
K. Rideout, President; Charles J. Wojahn, Cashier.
5,447- -The First National Bank of Cherokee, Kansas. Capital, $25,000. Asburj C. Graves, President; George W. Pye, Cashier.
Certificates issued June 25.
5,448- -The Commercial National Bank of Upper Sandusky, Ohio.
Capital. $?>0,000.
John R. Dayton, President, Jonas J.
Hulse. Cashier.
5,449- -The Shenandoah National Bank of Woodstock. Virginia.
Capital, $25,000. E. D. Newman, President; M. Cuffman,
Capital, $7 O.OOo.
Cashier.
5,450- -The First National Bank of Morganton, North Carolina.
Capital, $^5,000. Clement Geitner, President;
.Cashier.
5,451- -The First National Bank of King's Mountain, North Caroolina.
Capital. $25,000. W. A. Mauney, President; R. L.
Mauney, Cashier.
5.4525,453-
5,4545.4555,4565,4575,458-
5,4595,460-
Certificates Issued June 26.
of Somerset, Pennsylvania. Capital. $50,000. H.L. Sipe, President; Henry F. Barrow, Cashier.
•The First National Bank of Ada, Minnesota. Capital, $25,000.
Henry Keller, President; Chanes J. Lofgren, Cashier.
The Freedom National Bank. Freedom, Pennsylvania Capital
S5 0,000. Joseph W. Craig, President; Charles H. Bentel,
Cashier.
The National Bank of Lakota. North Dakota. Capital, $25,000,
A. O. Whipple. President; R. J. Drake. Cashier.
The First National Bank of Long Beach, California. Capital,
$25,000. J. M. Elliott. President; C. L. Heartwell, Cashier.
The First National Bank of Weslev, iowa. Capital, $25 000.
Nathan Studer, President; Stitzel X. Way. Cashier.
The Marine National Bank of Milwaukee. Wisconsin. Capital,
$300,000. Washington Becker, President; A. H. Lindsay,
Cashier.
The FraDklin National Bank of Philadelphia, Pennsylvania.
Capital, $1,000,000.
Henry Tatnall, President; J. R. MoAlllster, Cashier.
The First Nat. bank of Blaokwell, Oklahoma Territory. Capital, $^ 5,000.
W. H. Barks, President; G. E. Dowls, Cashier.
Certificates Issued June 27.
The Farmers' National Bank
5,461- The First National Bank of Gladbrook. Iowa. Capital, $50,000. William Mee. President; Martin Mee, Cashier.
5,462- -The Lexington National Bank, Lexington. Oklahoma Territory. Capital, $25,000. Robert F. Grow, President; Arthur
Perdue, Cashier.
5,463-The First National Bank of Clarendon, Texas. Capital, $50,000.
Henry W. Taylor, President; William H. Patriok,
Cashier.
M
29.
Certificates Issued June 30.
The Montesano National Bank. Montesano, Washington. Cap$25,000. F. L. Carr, President; F. A. Tarr, Cashier.
First National Dank of Hennessey, Oklahoma Territory.
Capital, $25,0u0. G. H. Block, President; M. W. Chamness,
Cashier.
The First National Bank of Ponca City. Oklahoma Territory,
Capita), $^5,000.
C. De Roberts, President; E. R. Peery,
Cashier.
The First National Bank of Plainview. Texas. Capital, $50,000. Lytle Alexander Knight, President; John Henry Slayton, Cashier.
The First National Bank of Boswell, Indiana. Capital, $25,000.
Job. H. Van Natta, President; James S. Bradley,.
Cashier.
The First National Bank of Centerville, South Dakota. Capital, $25,000. James Mee, President; R. W. Sayre, Cashltr.
The
Certificates Issued July 2.
5,478—'The First National Bank of Tahlequah, Indian Territory*
Capital, $40,0u0. James S. Stapler, President; Leon C. Rose>
The
First National
Bank of Ayrshire, Iowa.
Capital, $25,000.
Barringer. Cashier.
5,480- The First National Bank of Kemmerer, Wyoming. Capital,
Patrick J. Quealy, President; Frank Pfeiffer,
$25,000.
Cashier.
5,481-'The Farmers' National Bank of Emlenton, Pennsylvania.
Capital, $50,00u. James Bennett, President; W. C. MoKee,
Cashier.
5,482- The First National Bank of Yale. Michigan. Capital, $35,000.
B. R. Noble, President; E. F. Fead. Cashier.
5,483- The First National Bank of Wylie, Texas. Capital, $25,000.
T. H. Leeves, President; B. C. Barrier, Cashier.
5,479-
M. L. Brown. President; E.
P.
Certificate, Issued
5,484-The
July
6.
National Bank of Cameron. Texas. Capital.
Hilliard Fort Smith, President;
W. L. Baird,
Citizens'
$50,000.
Cashier.
;
Certificates Issued June 21.
5,442—The First National Bank of Armstrong, Iowa. Capital, $50,000 B. F. Robinson, President; L. P. Gjermo, Cashier.
5,443— The First National Bank of Wickliffe, Kentucky. Capital,
June
ital.
5,473-
,
First National Bank of Granite City. Illinois. Capital,
$25,000. Fred. Kohl. President; Joseph F. Keshner, Cashier.
5434— The Fayetteville National Bank. Fayettevilie, West Virginia.
Capital. $25,000.
Morris Harvey, President; J. S. Hill,
Cashier.
Certificates Issued June 18.
5,435—The Greensburg National Bank, Greensburg, Indiana. Capital, $50,100.
James M. WoudfilJ, President; Joseph B
Kitchin, Cashier.
5,436 -The National Bank of Commerce of Stillwater, Oklahoma
Territory. Capital, $25,000. H. E. Hand, President Frank
J. Wikoff. Cashier.
5,437— The American National Bank of Mar- hfleld, Wisconsin. Capital. $50,000. William u. Connor. President
Oscar G. Lindermann, Cashier.
5,438— The National Bank of Orange, Virginia. Capital, $25,000. T.
W. Bond, President;
G Field, Cashier.
Jr.. President;
5,467- •The First National Bank of Delta, Colorado. Capital, $30,000Henry Kohler, President; A. H. Stockham. Cashier.
5,468- The Somerset National Banking Company, Somerset. Kentucky.
Capital, $50,000.
Geo. W. Wait, President; R. G. Hail,
Cashier.
Capital,.
5,469 The First National Bank of Shawano, Wisoonsin.
$50,000.
W. C Zuchow, President; Frank W. Humphrey,
Cashier.
5,470- The First National Bank of 8t. Anne, Illinois. Capital, $25,000. Wm. Sievert, President; D. T. Allard, Vice-President
and Acting Cashier.
5,471- The First National Bank of Southern Maryland of Upper Marlboro, Maryland. Capital, $25,000. R. N. Ryon, Vice-President; Wm. h. Hill, Assistant Cashier.
5430—The
5433—The
lxm,
Certificates Issued June 28.
5,464- The First National Bank of Garden Grove, Iowa. Capital,
$25,000. Clary 8. Stearns, President; George M. RusseD,
Capital, $25,000.
President; Chas. C. Bailey, Cashier.
CertificaUs Issued June 14.
5423- -The Martin County National Bank of Fairmont, Minnesota.
Capital, $25,000. A. L. Ward, President; A.C. Frey, Cashier.
5424- -The First National Bank of Guthrie Center, Iowa. Capital,
$.0,000.
President; Carl H. Lane, Cashier.
5425 The First National Bank of Ada, Ohio. Capital, $25,000. Justin Brewer, President; Clyde Sharp, Cashier.
rvoL,.
Certificates Issued July
7.
First National Bank of Port Arthur. Texas. Capital, $50,000. George M. Craig, President; Frank Cummins, Cashier.
Capital,
5,486- The Trigg National Bank of Glasgow, Kentuoky.
$50,000. H. C. Trigg, President; T. P Dickenson, Cashier.
5,487- The First National Bank of Carlsbad, New Mexico. Capital,
$25,000. H. J. Hammond, President; A. J. Crawford, Cashier,
5,485-
The
Certificates Issued July 9.
5,488- The First National Bank of Harvey, No. Dakota. Capital, $25,000. Robert W. Akin, President; August Peterson, Cashier.
5,489- The Exchange National Bank of Leon, Iowa. Capital, $35,OoOi
E. D. Dorn, President; W. A. Boone, Cashier.
Capital,
5,490- The Capital City National Bank of Atlanta, Georgia.
$250,000. Jacob Haes, President; A. L. Kontz, Cashier.
Certificates Issued July 10.
The Lockhart National Bank, Lockhart, Texas.
Capital, $25,Cashier.
5,492- The Arkansas Valley National Bank of Pawnee, Oklahoma
Territory. Capital, $5o,000. George W. sutton, President;
Robert Chasteen, Cashier.
5,493—The Home National Bank of Baird, Texas. Capital, $25,000.
T. E. Powell, President; Fred Lane. Cashier.
5,491-
000.
V. Ellis, President;
,
Certificates Issued July 11.
5,494—The Shepherd National Bank of Lovington,
Illinois.
Capital,
$25,000. M. T. Shepherd, President; J. M. Shepherd, Cashier.
5,495—The First National Bank of Roscoe, Pennsylvania. Capital,
$50,000. John W. Ailes, President; Oliver J. Miller, Cashier.
Certificates Issued July 12.
5,496—The First National Bank of Mllford, Pennsylvania. Capital,
$25,000.
William Mitchell, President; Robert W. Reid,
Cashier.
5,497—The First National Bank
Capital, $35,000.
Cashier.
of Brockwayville, Pennsylvania.
R. L. Buzard, Piesident; C. H. Marshall,
Certificate Issued
July
14.
5,498— The
Citizens' National Bank of Emporia, Kansas.
Capital,
$100,000. F. C. Newman, President; L. L. Hallock, Cashier.
Certificates Issued July 16.
5,499—The Valley National Bank of Seymour, Connecticut. Capital,
$50,000. W. L. Ward, President; C. S. Boies, Cashier.
5,500—The First National Bank of Minnewaukan, North Dakota.
Capital. $/5,000.
Charles H. Davidson,
Jr.,
President; O.
L
Hegge, Cashier.
Certificates Issued July 17.
5,501— The People's National Bank of Grove City, Pennsylvania.
Capital, $25,OtO.
O. W. Forrest, President;
,
Cashier.
First National Bank of Leechburtr, Pennsylyania. Capital.
$25,000. Alfreo Hicks. President; C. F. Armstrong. Cashier.
5,503—The Fort Collins National Bank, Fort Collins, Colorado. Capital, $50,000.
P. Anderson, President; G. A. Webb, Cashier.
5,502—The
Certificate Issued July 18.
5,504— The Citizens' National Bank of McGregor. Texas. Capital,
$25,000. J. R. Smith, President; John P. Cooper, Cashier.
Certificates Issued July 19.
5,505—The First National Bank of Ooonotnowoe, Wisoonsin. Capital^
$50,000. Gustav Melssner, President; Charles D. Probert*
Cashier.
August
THE CHRONICLE.
4, 1900.1
Capital,
5,506- -The First National Bank of Havensville, Kansas.
$40,000. Obil Beach, President; T. J. Richardson, Cashier.
5.507- -The Citizens' National B^nk of Cedar Falls, Iowa. Capital,
$S0,< 00
Severn, President; W. N. Hostrop, Cashier.
L.
5,508- -The First National Bank of Mangum, Oklahoma Territory.
R. C. Neal, President; H. Mathewsou,
Capital, $iS5,000.
Cashier.
Certificates Issued July 20.
H
5,509- -The BellevueNational Bank, Bellevue, Pennsylvania.
$* 0,000.
William Jenkinson, President; Ira C.
Capital,
Harper,
5,510 -The Woodford County National Bank of El Paso, Illinois.
Capital. $25,000. Spencer H. Ferrell, President; James A.
5,511
The
First National
Bank
of Mineral Wells, Texas. Capital,
Harvey N. Frost, Cashier.
Cicero Smith, President;
$25,000.
Certificates Issued July 23.
5,512- Albany National Bank, Albany .^Georgia. Capital. $"0,000. S.
B. Brown, President; A. P Coles, Cashier. Conversion of the
Albany Trust & 8avlngs Bank.
5,513 -The first National Bank of Rosebud, Texas. Capital, $35,000.
George
Riddle, President; T. O. Martin, Cashier.
5,514- The First Naiional Bank of Coon Rapids, Iowa. Capital, $25,000. A. Dixon, President; John A. Dixon, Cashier. Conversion of the State Savings Bank of Coon Rapids.
5,515- The First National Bank of Sarcoxle, Missouri.
Capital, $25,000 John Harlan, President; H. B. Boyd, Cashier.
5,516- The Home National Bank of Caney, Kansas. Capital, $25,000.
Harvey A. Truskett, President; E Gwynne Allen, Cashier.
Certificates Issued July 26.
5,517- The First National Bank of Lenox, Iowa. Capital, $30,000.
Phil. Ridgeway, President; W. S. Bennlson, Cashier.
5,518- The First National Bank of Forest City. Pennsylvania. Capital, $25,000.
V. L. Peterson, President; T. A. Surdam,
W
Cashier.
Certificate Issued July 27.
5,519-'The Commercial National Bank of Chatsworth, Illinois. Capital, $25,000. Stephen Herr, President; George W. McCabe,
Cashier.
Certificates Issued July 28.
5,520-
The
5,521-
The
First National Bank of Crowley, Louisiana. Capital, $50,000.
Thomas J. Toler, President; Percy L. Lawrence,
Cashier
Citizens' National
Bank
W. Montgomery, Mark Storen, John W. Allen, and Warren A. SmithBlanks sent to Soott County Bank at Soottsburg, Indiana.
Approved May
Vice-President;
Capital,
Charles A.
Best, Cashier.
CORPORATE EXISTENCE OF NATIONAL BANKS EXTENDED.
First National Bank of New Hampton, Iowa, until May
2,588—The
Institution, Littlestown. Pennsylvania*
into the First National Bank of Littlestown. Capital. $2\OO0. W*
R. Robinson, Treasurer of the Littlestown 8avings Institution.
Approved June
2,48 4 -The First National
Muse and
others.
Approved June
Bank of Marengo. Iowa, until May 25, 1900.
until
May
31, 1920.
2,481— The National Bank of Rising Sun, Maryland, until June
2,
1920.
2488— The First National Bank of Saint Paris, Ohio, until June 15,
1920.
2,486— The Milmo National Bank of Laredo, Texas, until the close of
business June 26, 1920.
2,487— The First National Bank of Middleburgh, New York, until the
close of business July 1, lv*20.
2,490 -The First National Bank of Pensaoola, Florida, until the close
of business July 10, 19-0.
AUTHORITY FOR CONVERSION TO NATIONAL BANK APPROVED.
Approved May
1.
Rawlins State Bank, Rawlins, Wyoming, into The Rawlins National
Bank, Rawlins, Wyoming. Capital, $5o,000. Blanks to J. A. Rendle,
Cashier.
May
Approved
14.
Citizens' Bank of Emporia, Kansas, into The Citizens' National
Bank of Emporia. Kansas. Capital. $100,0j0. G. W. Newman, J. 8.
Kenyen. F. C. Newman. R. J. Edwards and L. L. Halleok. Blanks
Bent to The Citizens' Bank of Emporia.
The
Approved May
15.
The Iowa Savings Bank of Ruthven, Iowa, into the The First National Bank of Ruthven, Iowa. Capital, $25,000. Dr. G. Baldwin, AL. Furlong, John Ruthven, John B. McCenty, Hull Hoagland and M.
L. Brown. Blanks sent to J. H. Thatcher. Ruthven, Iowa.
The Citizens' Bank of Stillwater, Oklahoma, into the National Bank
of Commerce of Stillwater, Oklahoma. Capital, $25,000. Frank J.
Wikoff, Stillwater, Oklahoma; H. E. Hand, Henry M. Hand, C. H.
Wikoff and C.
J.
Benson.
Approved May
18.
The Commercial Bank of Berkeley. California, Into The First Na.
tional Bank of Berkeley. Capital. $100,000. A. W. Naylor. Berkeley
California; J. R. Little, W. B. Rising, J. W. Havens and C. M. Gayley
'
#
Approved May
22.
The People's State Bank of Madison, Kansas, Into "The First
National Bank of Madist n," Kansas. Capital. $25,000. A. Wehrman,
William Fooht. A. E. Focht, A. B. Wood. S. Brumbaugh, and others.
Blanks sent to the People's State Bank of Madison.
The Ban* of Syracuse, New York, in the " National Bank of Syracuse." New York. Capital, $ 00,000. F. C. Eddy, Cashier of the
Bank of Syraouse, New York, John Dunn, Jr., L. C. Smith, Charles
Hubbard, John S. Kaufmann, and others.
The Cherokee State Bank, Cherokee, Kansas, into The First National
Bank of nCherokee. Kansas. Capital, $25,000. George W. Pye,
Cashier of The Cherokee State Bank, Cherokee, Kansas; A. C. Graves.
Joseph Lucas, John W. Kelso and A. B. Cockerill.
Approved May
,
Approved June
The Commercial State Bank
Approved May
24.
The People's Bank of Gainesboro, Tenn., into The First National
Bank of Gainesboro. Tennessee. Capital, $.25,000. Clav Reeves,
Cashier of the People's Bank of Gainesboro, R. V. Brooks, M. G. Butler,
F. Sadler. L. S. Anderson, and others.
The J aokson County State Bank of Lakefleld, Minnesota, into The
National Bank of Lakefleld, Minnesota. Capital, $25,000. M. H.
Evans, Lakefleld, Minnesota, L. J. Britsoh, C. M. Gage, D. Crawford,
w
F.
L Leonard and
Calvin Young.
Approved May
28.
The Soott County State Bank of Scottsburg, Indiana, into the First
National Bank of Scottsburg. Capital, $50,000. W. M. Whitson, R.
7.
Michigan into The Comof St. Joseph. Michigan. Capital $50,0 0. J.
M. Ball. M. W. Stock, E. F. Piatt. Mattie M. Marble and A. L. Heartt.
Blanks sent to A. L. Heartt, St. Joseph, Michigan.
of St. Joseph,
Bank
mercial National
Approved June
9.
The Houston County State Bank of Caledonia. Minnesota, into The
First National Bank of Caledonia. Capital, $2^.000. Walter Goergen,
Caledonia, Minnesota; W. E. Beddow, John H. Thornton. J. H. Dorival and T. A Beddow.
Approved June 14,
of Otterbein, Indiana, into The First National Bank
of Otterbein. Capital, $25,000. J H. Van Natra. Otterbein, Indiana,
F. M. Maddox, I. E. Switzer, and John W. Seppington.
The State Bank
Approved June
27.
The Idaho State Bank of 8t. Anthony, Idaho, into the First National
Bank of St. Anthony. A. K. Steunenberg. Caldwell, Idaho, John C.
Rlee.
Approved June
29.
The Commercial Savings Bank of Milford, Iowa, into The First
National Bank of Milford. Capital, $35,000. P. Rasmuesen. President of The Commercial Savings Bank, Milford. Iowa; H. S. Abbott, 8.
O. Pillsbury, H. H. Shipman, Carl Torstenson, W. F. Pillsbury, James
M'Elroy, and
C. E.
Abbott.
Approved July
13.
The State Bank
of Medford, Wisoonsin, into The FirstNational Bank
of Medford, Wisconsin. Capital, $25,000. Blanks sent to C. L. Alverson, Cashier, State Bank of Mediord.
Approved July
14.
Omro, to the First National Bank of Omro, Wisconsin.
Capital, $25,000. Blanks sent to P. A. Wheeler, President.
Approved July 19.
The Bank of Hinton, West Virginia, into The First National Bank of
Hinton, with capital stock of $50,000 Blanks sent to Azel Ford,
The Bank
President,
of
Bank
of Hinton.
resumption.
1,122— The Canajoharie National Bank, Oanajoharie, New York, which
was declared insolvent and plai ed in the hands of a receiver
January 25, 1900. has been restored to solvency, and was on
May 15, 1900, permitted to resume business as an active
national banking association.
LIQUIDATION.
514—The Blaokstone National Bank
of Boston, Massachusetts, has
gone into voluntary liquidation by resolution of its stockholders dated April 18, l ,j 00, to take effect immediately.
1,405—The Greenwioh National Bank of East Greenwich. Rhode
Island, has gone in'o voluntary liquidation by resolution of
its stockholders dated Apiil 30, 1900, to take effect immediately.
1,532—The National Bank of Rhode Island of Newport, Rhode Island,
has gone into voluntary liquidation by resolution of its stockholders dated
May
3,
1900, te take effect immediately.
4,530—The Equitable National Bank of B-ltlmore. Maryland, has
gone into voluntary liquidation by resolution of its stock-
May
1900, to take effect immediately.
of Lyons, Iowa, has gone into voluntary liquidation by resolution of its stockholders dated
June 4, 1900. to take effect June 11 , 1900.
543—The City National Bank of Philadelphia, Pennsylvania, has
gone into voluntary liquidation by resolution of its stockholders dated June 26, 1900. to take effect immediately.
2,641—The First National Bank of Provo, Provo City, Utah, has gone
into voluntary liquidation by resoluton of its stockholders
dated June 16, 1900, to take effect June ?0 1900.
584—The Mechanios' National Bank of Newburyport, Massachusetts, has gone into voluntary liquidation by resolution of its
stockholders dated July 17, 1^00, to take effect immediately.
1,058— The Woonsocket National Bark, Woonsocket, Rho> e Island,
has gone into voluntary liquidation by resolution of its stockholders dated July 19, 190v, to take effect immediately.
holders dated
4536— The
1
Citizens' National
7,
Bank
POST-OFFICE ADDRESS.
of The First National Bank of Dike, Iowa,
No. 5,372, will be for the present Grundy Center, Iowa. M. A.
Buchan, Cashier.
The post-office address
RESERVE
CITY.
The Comptroller's
certificate declaring Los Angeles, California, a
reserve city, under the provisions of sections 5,191 and 5.192 of ihe
Revised Statutes of the United States, has been issued upon the application of ail the national banks in that city.
5,
CHANGE OF TITLE.
354-The Chandler National Bank, Chandler, Oklahoma Territory,
to The First National Bank of Chandler, approved May
22, 1900.
23.
The Lexington State Bank, Lexington, Oklahoma Territory, into
The Lexington National Bank, Lexington, Oklahoma Territory. Capital, *25.000.
A. M. Perdue, Cashier of the Lexington State Bank;
R. F. Grow and P. H Milner.
6.
The Merohants' & Farmers' Bank of Jeannette. Pennsylvania, into
The Jeannette National -<ank. Capital, $5< 000. Charles O. Spillman,
Jeannette, Pennsylvania; W. C. Zellers, Leonard Keck, Samuel Huff.
Frank Metoalf and others.
3,
2,483—The Watsontown National Bank, Watsontown, Pennsylvania,
1.
& Savings Bank into The
Albany National Bank,
Albany. Georgia. Capital. $50,000. A. P. Coles, Cashier of Albany
Trust & Savings Bank; S. B. Brown, D. H. Pope, E. Simkins, A. W.
The Albany Trust
1920.
2,479—The Second National Bank of Warren. Ohio, until May 1 0, 1920.
2,480— The People's National Bank of Bellefontaine, Ohio, until May
22, 190.
2,482— The Commercial National Bank of Youngstown, Ohio, until
Mav 22, 1920
29.
The Llttlestown Savings
of Oconto, Wisconsin.
A. H. Luckenbach,
$50,000.
219
CORRECTIONS.
728—The Oxford National Bank should be The National Bank
of
Oxford.
First National Bank of Lexington. Nebraska, M. Temple,
President, should be. H. V. Temple no change having been
3,292—The
made.
5,419—The First National Bank of LoOmis. Nebraska,
T. L.
Doherty,
Cashier, should be. Assistant Ca-hier.
5,465—Syracuse National Bank should be National Bank of Syracuse
Imports and Exports for the
Week.— The
following are
the imports at New York for the week ending for dry goods
July 26 and for the week ending for general merchandise
July 27
;
also totals since beginning first
week January.
.
.
.
THE CHRONICLE.
220
New York City Clearing House Banks.— Statement of
condition for the week ending July 28, based on average of
daily results.
We omit two ciphers fOOj in all eases.
FOREIGN IMPORTS.
For week.
Dry Goods
Total
Since Jan.
$1,818,504
5,898,199
$1,804,065
5,531,381
$2,251,753
7,497,004
Gen'l mer'dise
1897.
1898.
1899.
1900.
$2,525,538
4,658,462
$9,748,757
$7,335,449
$7,716,703
$7,184,000
$72,036,263
249,305,271
$59,803,213
241,108,795
$55,119,004
199,149,894
$89,535,558
232,107,356
1.
Dry Goods
Gen'l mer'dise
Total 30 weeks 9321.341,534 9300,912,008 $254,268,898 $321,642,914
The following is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
week ending July 30, and from January 1 to date.
EXPORTS FBOM HEW YORK FOB THE WEEK.
specie)
BANKS
Capital. Surplus.
Bank of N. Y
2,000,0 2,158,8
Manhattan Co... 2,050,0 2,203,6
Merchants'
Mechanics'
2,000,0
2,000,0
1,500,0
1,000,0
City
10,000,0
Chemical
300,0
Merchants' Ex..
600,0
Gallatin
1,000,0
Butch.A Drov'g'
300,0
Meoh.A Traders'
400,0
Greenwich
200,0
America
Phenix
Leather M'f'rs..
For the week..
99,305,395
338,884,759
Prev. reported
State of N. Y....
1899.
1898.
1897.
$9,468,669
260,270,587
$9,058,305
279,592,756
$7,926,790
228,078,146
American Exch.
Commerce
Broadway
Mercantile
Pacific
Total 30 weeks $348,190,154 $269,739,256 $287,651,061 $236,004,936
The following table shows the exports and imports of
specie at the port of New York for the week ending July 28
and since January 1, 1900, and for the corresponding periods
in 1899 and 1898.
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
Imports.
Exports.
Gold.
Since Jan.
Week.
West Indies
Mexico
$6,5C0
2,600
1,700
All other countries.
Week.
1.
Since Jan. 1
Republio
Chatham
People's
North America
Hanover
.
Irving
Citizens'
Nassau
Market <& Fulton
Shoe & Leather.
Corn Exchange..
Continental
Oriental
Imp't'rs'&Trad.
Park
$3,652,400
15,655,574
4,500,709
1,877,148
92,660
3,697,228
173,186
$93,996
254,760
325,884
214,708
190,051
353,999
62,625
$777
1,821
9,800
7,300
East River
Fourth
Central
Second
Ninth
First
N.Y.Nat; l'Exch.
Bowery
N. Y. County...
Total 1900
Total 1899,
Total 1898
$19,f98
$10,800 $29,648,905
508,411 25,783,312
14.000
4,689.597
59,974.
1,856
$1,496,023
8,117,131
69,001,707
Since Jan. 1.
Week.
$938,700 $28,346,025
428,556
4,100
279,142
725
Germany
West Indies
Mexico
55,314
6,880
All other countries.
Total 1900
Total 1899
Total 1898
$3,173
30,154
1,503
$939,425 $29,120,017
725,035 28,043,397
1,208,198 25,576,948
..
$34,830
139,191
4,013
Since Jan.l
$59,514
965
2,628
126,120
1,588,080
514,287
31,084
$2,322,678
2,244,503
1,427,109
Reports of Non Member Banks.—The following is the
statement of condition of the non-member banks for the
week ending July 28, based on averages of the daily result.
We omit two ciphers (00 ) in nil cases.
BANKS.
Capital
(00s omitted.)
Starplus.
Invest- Specie.
Leg. T. Deposit, with
Net
&B'k. Clear'g other Deposit*
ments.
Notes. Agent. Bks.&c
Loans
St
Colonial
Columi la
Blerenth Ward.
Fourteenth Street.
Ganeevoort
Hamilton
. .
Mount Morris
Mutual
Nineteenth Ward.
Plaza
Riverside
State
Twelfth Ward
Twenty-thlrd W'd.
Union Square
Yorkville
Borough of
1
$
100,0
300,0
100,0
100,0
200,0
200,0
250,0
200,u
100,0
100,0
100,0
100,0
200,0
100,0
200,0
100,0
112,5
212,7
126,6
68,0
16,4
109,1
61,8
134,1
46,0
162,6
126,6
199,4
52,5
67,1
337,7
188,1
%
%
I
1222,5
17,6
91,5
1740,0
86,0
62,0
1057,9
68,8
58,4
1225,1
45,1
37,6
671,7
3,6
41,9
1398,1
60,9
92,9
1700 8 104,7 108,7
1268,4
35,1 134,1
1185,4
15,0 121,0
1875,0
65,0 195,0
944,9
13,6
62,2
3(133,0 2f6,0 102,0
1115,0
22,5 167.0
864,4
48,1 100,1
2108,4
52.4 209,1
1594,6
87,6 101,7
121,4
164,0
168,8
43,3
63,6
61,6
492,0
406,6
203,6
693,8
592,7
120,9
130,2
64,4
12,3
1091,6
1359.6
1328.3
310,6
650,5
722,2
2408,3
2827,9
888,0
3888,0
2671,0
761,5
860.3
641,9
418,0
1079,2
448,3
608 3
648 P
426,3
Tsl.
Isl.
26,0
100,0
67,2
81,2
576.7
662,2
Other Cities.
1st Nat., Je-. City
Hud. Co. Nat., J.C
3d Nat., Jer. Cliy..
8dNat., Jer. Cltv..
1st Nat., Hob' ken.
2d Nat., Hob ken
400,0
250,0
260,0
200,0
110,0
125,0
817.3
546,6
363,2
222,4
467,4
102,4
Broadway
Fifth
Avenue
Kings Countv
Manuiact'ra' Nat'l.
Mechanics
Meoh's'
&
Traders'
Nassau National..
National City
North Side
People's
Schermerhorn
Seventeenth Ward
Sprague Nati< >nal
Twenty-sixth W'd.
Union
Wallabont
Merchants'
.
$
298,1
150,0
286,3
208,5
36,9
102,1
349,0
197,1
224,5
113,0
81,8
60,0
81,0
85,6
423.3
106,2
76,1
233,0
64,9
58,0
45,7
15.9
13,6
88,1
15,1
29,0
88,3
88,3 173,9
105.6 214,4
40,7 171,8
26.4
38,3
27,9
57,0
28.1
89,1
186,2 646.0
196,8 172,6
62,6
69,9
369,0 743,0
248,0 401,0
62,8
61,6
62,3
69.7
30.8 106.3
35,0
55.1
10,0 330,7
23,1 118,0
5i>,3
61.6
62 3
18,9
46,0
45,8
283,5
191,7
14,7
212,0
140,0
14,2
32,2
20.9
7,8
100,1
10,2
20.8
40,7
5,2
Borough of
Richmond.
Bank
f Htaten
l8tNat.,8taten
<
Legal*.
$
S
$
14,616
2,478,0
20.806,0 5,627,0
13,79 *,2 3,199,9
12,149,0 3,399,0
21,563,3 4,273,6
4,739,0 1,234,0
96,494.0 33,486,5
24,307,3 3,984,1
4,702,3 1,056,8
8,891,4 1,054,7
1,052,8
240,8
2,158,0
196,0
905,1
114,7
3,729,5
666,6
3,619,1
611,6
4,633,9
279,8
27,739,0 2,948,0
61,322,6 6,698.7
6,592,1
983,2
13,341,8 2,298,6
2,793,6
226,7
19,767,1 4,358,2
6,221,0
679,4
2,107,0
198,7
13.651,0 2,746,0
42,784,0 11,889,8
4,364,0
872,8
3,113,6
603,6
2,673,9
388,0
6,300,1 1,527,6
3,761,2
845,9
19,190,6 2,803,0
4,961,5
920,0
l,980,i
247,0
24,610,0 5,979,0
44,310,0 11,075,0
1,247,0
229.6
24,725,6 4,492,6
11,186,0 2,971,0
8,552,0 1.732,0
2,198,0
834,8
40,415,9 8,796,9
2,888,7
642,8
3,304,0
392,0
2,991,1
864,3
602,1
3,340,6
36,817,4 8,782,9
8,513,4 2,105.6
2,508,9
187,8
401,2
3,092,6
10,481,0 2,284,1
6,032,8 1,630,7
2,148,6
898,6
6,854,2 1,167,8
2,566,0
395,0
10,724,0 1,464,0
37,155,6 9,259,3
4,075,0
738,0
5,948,4 1,419,3
3,950,2
687,9
4,903,4
598,8
3,746,4
775.4
2,486,2
562,8
£%»
Deposits
P.O.
1,433,0 14,707,0 26-5
2,986,0 25,674,0 _
335
1,716,7 17,017,8i 28-8
361,0 12,911,0' 290
2,114,6 24,681,4 258
178,0
5,056,0 27-9
5,710,0 118,099,4 33-1
3,207,1 24,352,0 29-6
690,0
6,549,1 29-6
964,6
7,498,41 26-9
51,6
1,018,7 28-6
251,0
2,200,0 196
218,2
.
887,6 37-4
216,8
3.418.7 25-7
22-7
4,826,2'
482,1
413,5
3,878,5; 17-8
1,961,0 20,843,0 23-5
6,384.2 60.762.3 25-7
428,9
6.786.8 24-4
1,476,6 13.964.4 27-0
613,8
3,363,0 249
1,234,6 22,167,9 25-2
996.2
6.317.4 24-9
703,5
2.830.9 31-8
1,074,7 15,316,7' 24-9
2,719,3 49,274,0 29-6
761,7
5,143,0 31-7
195,7
3.223.6 24-7
345,2
3.069.7 23-8
698,1
7,047,3 31-5
30^,0
4,238,3 27*1
2,887,0 22,614,6 25-1
567,0
6.906.2 25-1
351,0
2.010.0 29-7
1,740,0 25,923,0 29-7
6,698,0 56,555,0 29-4
164,4
1.384.1 28-4
2,072,5 26,411 9 24'8
1269,0 14,998,0 28-2
716,0
9,433,0 25-9
318,6
2.836.0 40-6
1,786,1 41,382,0i 25-5
259 9
3,162,61 285
1
342,0
432,2
258,2
209
320
263
278
3.506.01
4,042,6!
3.264.5
45,096.7;
3,9^9,3
364,4
795,2
391,8
762,3
9.642.3 25-6
3 102,3 31-6
4,246,8' 18-6
12,135,6 25-0
7,005,1! 27-5
298,6
162.5
681,3
365,0
2.213,0
2,434,4
1,049,0
375,0
375,7
1,126,0
245,8
254
239
2,203,8!
7.295.2
2.958,0 25-8
I3.262.0i 27J
45,075,0' 25-9
4,984.0 35-8
6,178,2! 29-0
3.509,9 27-7
6,007,7i 28-6
3.982.4 26 6
1,923,2 328
78,2
New York City, Boston & Philadelphia Banks.— Below
we furnish a summary of the weekly returns of the Clearing
House Banks of New York City, Boston and Philadelphia.
Banks.
Capital A
Surplus.
Loans.
N. Y.*
$
July 7.. 164,693,4 802,889,
"
165.257,7 801,235.
21.. 165,267.7 797,863,
28.. 165,257,7 801,101,
14..
Deposits.*
Legals.
Specie.
$
1653139
1697006
1713817
1743976
70,737,5 881,848,8
71.131.8 883,489,1
73,243,7 882.174.0
75,098,9 887,841,7
14,665,0
15.152,0
15,104,0
9,001.0 205.638,0
9,421.0 204,900
9,592,0203,849,0
Ctrc'l'n. Clearing*.
$
$
23,191,8
23.478,6
24.226.7
25,268,0
933,138,4
865,930,9
785,578,1
763,779,5
$
Bos.*
150,0
100,0
300,0
100,0
100,0
160.0
262,0
600,0
100,0
300,0
300,0
100,0
100,0
100,0
100,0
200,0
100,0
100,0
100,0
100,0
Brooklyn
Eighth Ward.
Specie
74,222,7 91,035,0 801,101,7 1743975 75,098,9 887,841,7 28-0
Total.
July
•
I
1433 8
500,0 2164
1344,4
1424
721 8
89,9
1604 7
61,0 2400 1
25,0 1346,»
1,3 1679,1
1935,0
934,9
137,0 3333.0
170,0 1708,6
136,7 1119.8
2647,7
75,0 1673,0
Brooklyn.
Bedford
200,0
802,0
300,0
890,1
Garfield
200,0 1,073,6
Fifth
200,0
359,1
Bank of Metrop.
300,0
963,6
West Side
200,0
409,1
Seaboard.
600,0
748,7
Western
2,100,0 1,696,4
1st Nat., B'klyn.
300,0
528,3
Liberty
500,0
535,8
tf. Y. Prod. Ex..
1,000,0
374,9
New Amsterdam 250,0 411/'
Astor
350,0
231,8
Hide <ft Leather
500,0
302,1
"
"
New York
City.
Borough of
Manhattan,
Fifth Avenue...
German Exch...
Lincoln
Silvet
Week.
German Ameri.
Chase
1,206,4
2,293,0
3,011,1
274,0
6,278,6
6,964,0
228,5
1,850,6
89,4
114,8
176,3
600,0
606,6
300,0
223,6
636,6
1,200,0
5,000,0 2,848,6
10,000,0 7,029,3
1,000,0 1,647,8
1,000,0 1,232,8
422,7
493,9
1,500,0 1,143,2
450,0 1,000,7
200,0
325,2
659,6
1,000,0
3,000,0 5,014,1
467,0
500,0
600,0
420,5
500,0
274,8
900,0 1,020,0
211,2
1,000,0
1,400,0 1,840,1
510,6
1,000,0
300,0
406,6
1,500,0 6,160,1
2,000,0 3,306,2
250,0
162,9
3,000.0 2,376,0
1,000,0
539,9
300,0
799,0
750,0
162,8
500,0 9,117,0
300,0
103,0
250,0
708,8
200,0
375,8
750,0
350,1
1,000,0 1,994,6
100,0 1,287,0
200,0
614,7
Germania
Imports.
Export*.
Loans.
$
Seventh
1900.
[Vol. LX2I.
22.4
20,0
15,6
39,8
768,2
17.9
65,4
103,9
62,3
6
87,6
12,d
28.6
90,9
116,6
30.0
77,0
818,7
142,7
63,0
98,5
28.
"
"
1486
1413
22,0
....
*
+
35,345,4 152,020,
189,100,0 7,569,0 85,193,0
59,713,0
36,346,4 163,164,
188.100,0 7,603,0 86242,9
68,948,0
28..
35,345,4 153,690
186,983,0 7,651,0 80,397,3
57,699,0
We omxt two ciphers to. all these Howes.
Including for Boston and Philadelphia the item " due to other banks."
Auction Sales.— By Messrs. Adrian H. Muller
Stocks.
Life Ins.
Tr.
8 N.Y.
&
Co.1401
20 Home Insurance Co
205*2
25 Trust Co. of America.. ..204%
By
287,0
626,8
809.2
3111,5
3010,4
918,2
4451.0
2937,0
1500,2
9»4,2
680,6
436
646.0
738,0
93
& Son
:
Stocks.
Messre. R. V. Harnett
&
1
|
10,000 Lady Helen Copper
5o. per share
Mining Co
50 National City Bank.,....335
Co.
Stocks.
60
1,500 International Zinc Co., Limited
768.8 5766,1
135.7 1686.8
1061,4
32.3
915.2
139,7 1804
65.1
5,202.0 122.626,5
6,214.0 108.725,1
5,306,0 99,482,8
21.
1266.5
gim&ttifl
Spencer
2T
&
atxxX ffitratictal.
Trask &
BANKERS,
PINE STREET,
29
Co.,
....
NEW YORK
Transact a general banking business, act as Fiscal
Agents for corporations, and negotiate security
Execute
issues of railroads and other companies.
commission orders and deal in
INVESTMENT SECURITIES.
Member*
N.
Y
Stock Bxotaanjre
Branch OIBce. «7 State
Moffat
St..
* ibany
ALEXANDER M. WHITS, J«
OBOROB BARCLAY MOFFAT.
&
White
BANKERS,
,3
Totals July 28.. 7262,0 8443.8 6945.^,5 2843.0 3*32 7 8371 9 4128,3 '17917,2
Totals July 31.. 7262.0 8443 8 69863,2 28433 3HH1.4 8124.9 4617.9 >188ft9 2
Totals July 14.. 7262.0 8331.2 60053.7 29) 1,24301.3 9059.6 4530,9 70430,3
1
"
57.651.9 185,039,
57,651,9 184.403
57,651,9 184,225,
Ph1la.«
July 14..
1073.0
1,1
608,5
11.7
640.7
113,4
729,1
....
422,6
72.6
127.9
83.3
14..
21..
8,6
184 8
4476,7 241,2 204,6 859.8
1935.9
71.9
64.7 199,8
1264,6
618 22,6 219.6
944.6
30,6
61,4 164,9
198'>,9
100,0
"
...
NEW
INVESTMENT SECURITIES.
Members New York Stock Bxobanjre,
No.
1
NASSAU STItKKT,
YORK.
—
.
August
THE CHRONJOLK.
1900.]
4.
%nnktxs
Dl
Name
<'lilc. St.
P.
&
Minn.
&
2t
2
O., pref....
com..
St. L..
Norfolk & Western, adj. pref....
St Louis & San Fran., 2d pref..
Union
-
Pacific,
"
When
com
pref
Street Hallways.
Boston Elevated
Metropolitan St., K. C.Mo.
Twin City Rap.Tr..Mlnne's,
to
Aug. 16
to
Aug. IB
to
Aug. 7
to
Aug. 11
to
Aug. 1
to
Aug. 28
Holders of reo.
Solders of rec.
Sept.
Sept.
3V> Aug.
1^ Sept.
2
Aug.
1
Sept.
Oct.
Oct.
2
2
•
1
2
July 26
5
Aug. 10
2*4 Aug. 15 Aug.
(qu.)
com
Aug.
lis Aug.
1*4
1
Aug. 10 Aug.
1
4
4
Aug. 12
Sept.
3
Aug. 2S
Sept. 4
Aug. 2
Aug. 2i
The following were tne rates of domestic exchange on
at the under-mentioned cities to-day: Savannah,
buying 1-16 discount, selling 1-16 premium; Charleston,
buying par, selling % premium; New Orleans, bank, $1 00
premium; commercial, 50c. discount; Chicago, 10c discount; St. Louis, 50c. per $1,000 premium; San Francisco,
12%c. per $100 premium.
United States Bonds. Sales of Government bonds at the
Board are limited to $10,000 4s, reg., 1907, at 115%. The
to
Aug.
Holders of rec.
to
Aug. 21
Cons'd Rubber Tire, pref. (quar.)
Aug. 7 to
Denver Gas & Electric
Aug. 15 to
People's Gas Ltjjht & Coke (qu.)
to
July 21
Aug.
3
Rochester Gas & Electric, prtf
to
1
Aug. 15 Aug. 2
St. Paul Gas Li«ht (quar.)
1% Sept. ) Aug. 16 to
United States Envelope pf. (q'D
t Also 2 per oent payable March 1, 1901.
1
—
following are the daily closing quotations; for yearly range
se<- seventh page following
9
Aug. 15
Sept.
i
20
26
31
15
Sept. 5
Aug.
Aug.
July
Aug.
July
Interest
Periods.
i
Aug. 15
Aug. 1
Aug. 15
50o. Sept. 1
Ha Sept. 1
l»a Aug. 20
;
lia Aug. 2
.
Sept.
Sept.
to
to
to
Banks.
of the Manhattan Co
tfltsrellaiieoiis.
Bethlehem Steel (quar.)
Bank
221
New York
Books closed.
(Days inclusive.)
Oent Payable
pref
Oleve. Oin Chlo
©alette.
Per
of Company.
"
y
VIDEND8.
Railroads (Steam).
& Ohio, com
Baltimore
:
-Mch.
-Feb.
-Feb.
-Feb.
-Feb.
-Jan.
-Jan.
-Feb.
-Feb.
-Feb.
-Feb.
reg.
coup.
3s, 1918, small.reg.
3s, 1918, small.. o'p.
reg.
4s, 1907
coup.
4s, 1907
reg.
48,1925
coup.
4b, 1925
reg.
5s, 1904
coup.
58,1904
•
t
July
31
Aug.
1.
104*3 *104i2 '104 12 *104
*100 *100 *100 *100
Aug.
Aug.
2.
3.
*104
*100
*
2s, 30-year, ref'd'gt
a8« ...«••.»»»> 165.
38,1918
3s, 1918
July
30
2*.
103^
100
*109% *109S» *109% *109»« * IOHI4 *10938
*110'2 *110l2 "llOhi *x09»i *109i4
l
10938
109"
»110 *iio
*110 '109
*115% *115% 115% *U5ia *1153e "11538
*115% *115% *U5h *115^ '1153s 1153s
*110
*1326h *132ifs '132"* *132<>8
*1335g *133»8 *133&8 *x32»b
-11310 *113is "11312 *U3*4
*114% *114% *1143» *xl3»«
"1323*. •13289
*132"* H32S8
*113i< *113l4
*113i4 11314
the price bid at the morning board no sale was made.
Prices are quotations in "Unlisted Dep't" for bonds "when issued."
This
is
;
WALL STREET. FRIDAY, AUG. 3. 1900.-5 P. M.
Coins. Following
The Money Market and Financial Situation.— Not often coins and bullion
in recent years have the security markets been so neglected
Sovereigns
$4 87
and devoid of interest as this week. As an illustraton of Napoleons
3 86
the fact, we refer to the market for Government bonds, XXReichmarks. 4 75
4 "8
sales of which at the Stock Exchange were limited to one 25 Pesetas
—
are the current quotations in gold for
:
<
Historians will record several events of international importance and political significance, including
the assassination of the King of Italy, the murderous assault upon the Persian monarch in Paris, developments in
connection with the Chinese situation, etc.; but if these
events have had any effect in Wall Street it has been to
turn attention away from financial matters and add to the
dulness that has heretofore prevailed.
We are informed by a prominent official of one of the
most extensive granger systems that the effect of a short
spring-wheat crop upon railway earnings will be, to a considerable extent, offset by the steadily increasing general
The latter, he explains, is the result of diversified
traffic.
agricultural and commercial enterprises and of other recent
additions to the resources of the Northwest. An increase
of the dividend rate on Union Pacific common stock to four
per cent and announcement of the first dividend on Baltimore & Ohio common, since its rehabilitation, at the same
rate, attracted some attention in railway circles.
The conditions governing the foreign exchange market
are about as heretofore reported, and although rates are
somewhat firmer, no shipments of gold have been made
sale of $10," 00.
this week.
Span. Doubloons.15 50
Mex. Doubloons. 15 50
Fine gold bars... par
— 6118® — 62*3
Mexican dollars. — 48*4 ©—4914
— 44 ® — 46
Peruvian sols
English silver.... $4 84 ®$4 88
U. S. trade dollars — 60 @ — 70
®$4 89
®
©
@
Fine Silver bars..
Five francs ...
3 89
4 80
4 P3
—95 ® — 96ifl
.
®15 60
©15 60
©^prem.
—
State and Roil road Bonds. Sales of State bonds at the
Board include $23,000 Virginia fund, debt 2-3s of 1991 at 89%
and $60,000 Virginia 6s deterred trust receipts at Q% t° ^ X/LThe transactions in railway bonds at the Boa'd were exceptionally limited in volume and fairly well distributed.
The market was almost featureless and changes in quotations are insignificant. Union Pacific 1st 4« were firm in
sympathy with the shares, and a few other issues were
relatively strong, including Central of Georgia, St. Liouis
Southwestern and Wisconsin Central.
Atchison, Baltimore & Ooio, Central Pacific, Chesapeake
& Ohio, Norfolk & Western, Northern Pacific, Reading,
Union Pacific, Southern Railway and Western New York &
Pennsylvania bonds were notably active.
—
Stock and Bond Sales. The following shows the volume
of business in stocks and bonds on the New York Stock Exchange for the past week and since Jan. 1
Sales at
^Week end. Aug. 3.—.
Jan. 1 to Aug. 3.
-*
1900.
JV. F. Stock Exch.
1900.
1899.
1899.
$5,;il4 710
Government bonds
165.900
$10,000
$7,195,020
—
.
1,526.900
bonds
1.000
87,500
1,687,800
The open market rates for call loans on the Stock Exchange State
807,617,800
RR. and misc. bonds....
4,411,500
10,674,500
699,890,600
during the week on stock and bond collaterals have ranged
Total
$314,4^8,910
$608.7' 3.420
$10,741,400
$4,509,000
from \\i to 1% per cent. To-day's rates on call were 1*4 to Stocks— No. shares
72.-76 423
l.llw.841
2,749,758
111,309,780
Par value
$6,890,506 512 $10,805. a3,260
$103,482,050 $266,0.11.000
Y% per cent. Prime commercial paper 4 to 5 per cent
shares, par value.
$75,660
$317,95$
The Bank of England weekly statement on Thursday Bank
showed a decrease in bullion of £606,126 and the percentWe add the following record of the daily transactions:
age of reserve to liabilities was 35'39, against 38*76 last week;
Week ending
Slocks.
Railroad, Ac. State
U.S.
Aug. 3, 1900. Shares.
Bonds.
Par value.
Bonds.
the discount rate remains unchanged at 4 per cent. The
Bonds,
Saturday
90,112
$217,000
$2,000
$8,793,200
Bank of France shows an increase of 26,600,' 00 francs in Monday
259.760
24.605,750
772.500
26.000
Tuesday
211.053
20.5W.750
28t)C0
gold and a decrease of 5,0J0,000 francs in silver.
860.000
$10,000
Wednesday
197.143
687.000
2,0<'0
19.161.800
The New York City Clearing-House banks, in their state- Thursday
172.353
16.HC8250
929.500
30,500
189.423
18 674 300
946.600
ment of July 28 showed an increase in the reserve held of Friday
$4,871,000 and a surplas over the required reserve of
Total.
1,119.844
$108,432,050
$4,411,600
$-(7,500
$10,000
$27,535,975, against 824,081,900 the previous week.
The sales on the Boston and Philadelphia Exchanges were:
1
,
1900.
July 28
Differen'sfr'm
Prev. week.
1899.
1898.
July 29.
July 30
-Boston.Listed Unlisted
shares. shares,
Saturday
Monday
Capital
Surplus
74.222,700
91.035.000
Loans &dlso'nts. 801 101,700 Inc 3,247.800
Circulation
25,258,000 Ino 1.032.300
Net deposits
887.841,700! Ino 5,667.700
Specie
174,397.500 Ino 3,015.800
Legal tenders
75,098.900 Ino 1,855,200
Reserve held
249,496,400 Ino 4,871,000
Legal reserve
221,960,425 Inc 1,416,925
,
59,022,700
75,231,900
759.509,100 636,766,700
13,575,800 14,391,900
862,142,700 74l.K80.l00
169.412,400 166505,100
56,931,400 60.819,400
58,922,700
77,382600
226,346,800 227,324,500
215,535,675 185,420,025
Snrplns reserve 27,535.975 Ino .3,4*4,075 10,811,125
Noth.— Returns of separate banks appear on page 2 10.
41,904.475
—
Foreign Exchange. The market for foreign exchange has
been steady to firm on a limited volume of business.
To-day's actual rates of exchange were as follows: Bankers' sixty days' sterling, 4 84@4 84J^; demand, 4 87%(»4 88;
cables, 4 88^@4 8»%; prime commercial, sixty days, 4 83V£@
4 83%; documentary commercial, sixty days, 4 83@4 84*4;
grain for payment, 4 84@4 84 l4 cotton for payment, 4 83
@4 83^; cotton for acceptance, 4 83%@4 83%.
Posted rates of leading bankers follow:
;
August
Demand.
Sixty days.
3.
Prime bankers' sterling bills on London. 4 84i«a>4 85
Prime commercial
4 S3V04 83%
Documentary commercial...
4 83 -84 8414
1
Paris bankers' (francs)
5 15<»8®5 15*
Amsterdam
(guilders)
bankers
Frankfort or Bremen (reiohmarks) b'kers
* Less ii
S
.
5
18i«®17V
40
®40l!«
949.,,'®
948s
88
@4
88 1s
40>4ft40&ie
95ie»953,„
Tuesday
Wednesday
Thursday
Friday-
Total
Philadelphia.-
Bond
2,239
6 539
7.067
7.837
8,146
10.393
4,461
9.594
8,741
6.892
3.576
4.207
sales.
$3,000
43.100
25,200
38 000
49,125
22,000
42.241
37,471
180,485
Listed Unlisted
shares.
shares.
Bond
7,000
8.578
2 322
1,035
1,8 1
sales.
$35,300
186.800
170.025
122.500
147,100
60,600
33,040
23,302
728.335
2,033
8.651
6,126
7.954
4,">72
4,131
5 365
Railroad and Miscellaneous Stocks.—The st^ck market
has been of the same dull and professional character as for
some time past. Transactions at the Exchange steadily declined from about 260,000 shares on Monday to 172,350 on
Thursday, and averaged only a little over 200,000 shares per
day.
Notwithstanding a somewhat better tone to-day
the tendency of
prices
was. with few exceptions,
downward, the local traction issues leading in the movement. Of the railway list almost the only noteworthy features were Baltimore & Ohio and Union Pacific, each of
which was exceptionally active and advanced about 3
points on dividend announcements.^ The grangers were
rela ively strong, indicating that the probable effect of a
short spring-wheat crop has been fully discounted.
Speculative interest centered largely in the miscellaneous
list.
American Sugar Refining was weak on rumors that
trade competition is to be again active, and closes with a
net loss of 4% points. American Tobacco also declined
sharply, showing when at its lowest a loss of nearly 6 points.
Continental Tobacco issues were weak in sympathy, and
the iron and steel stocks declined an average of about 2
points. United States Rubber was the only strong feature
in this group, showing a net gain of 2% points.
%
•
.
..
.
.
.........
.
..
.
t
.
THE CHRONICLE-STOCK PKIOES (2 pages)
222
New York
Exchange— A
Stock
Tuesday,
•15
40
18
43
261
•IB
•40
36
8f%
68*
6V%
74% 74*
69
•80
I'
58% 6C%
58
....?
•
120
•107
•87
•15
18
43
26
69
80
180
•120
185
11
11
83% 83%
•68* 70
•33% 35
•33% 24
87%
49
50
103*
....
•130
11
83
•68%
•32*
»J3
54
95
U5
57
58
•107
189
120
89
Ml
....
129
84
70
35
34
55
•107
87
103*
95
125
•120
22
24
54
88*
69% 70%
74% 75*
95
135
130
•120
95
125
11
11
pref.
71*
35
275
......
New
of
Jeriey . .
48,749
Burl. A Qulncy
Chicago Consol. Traction.
.
.
A Halt. Illinois .
Do
pref.
Ctaloago Great Western .
Do 4 p. 0. debenture!
Do 6 p.o. pref. "A"..
Do 4 p.o. pref. "B"..
Chlo. Indlanap. A Loutsv..
Do
pref.
Ctaloago
23
52
23
1,860
.
11
8
.....
880
10 J'ne
81 J'Le
6P%J'lv
30 J'ne
14 Jan
1,0*10
56
1
•
•
205
300
400
• a a
t
s •
•8
6*
•41% 42
6%
6%
6%
41 42
16
18
17
118% 110% 113*
6%
6*
41
42
6
•41
17
16
17
•16
Colorado Mid., Tot. tr. otf s.
.••«•
6
Do
6%
•8
a a •
41
•16
•40
•16
43
17
43
17
60 174 Jan
610 16%Jan
64*J'ne
18 J'ne
.
,„?.
•10%
•82*
•IB*
•43%
11%
33*
17%
45
84
^80
151
101
10%
12
11%
6
6
35
lb
•
45
84
•41% 45
•80
151
34
•47
48
18
•16
•46%
14%
15
84
153
153
•••
33%
153
••••••
61
4
15%
2%
14*
20
20
47
4
15% •14* 15*
•26
28
88
94%
194%
94% 193% 93%
•60
70
•60
70
180
38
80
•12%
12%
*3
3%
•105
,....,
56% 58*
•98
•38
•185
79
11%
30%
4«%
37%
•185
•30% 30%
•189
•210
187
814
30% 20%
•33
33%
•76
78
50% 51*
71%
71%
•74
3
14%
S*
15%
37% 38
9«% 94*
70
3
• •
55* 55%
71%
90%
155*
31*
3%
93
95
21
60
•19
•59%
10%
3
5
%
J
89
189
129
18
10
30
•92
•18%
•59%
10
30%
49% 50*
37* 37%
186 189
'37%
•93
•309
•60
•73
•30
79
32
•73
•132
•210
137
814
•133
•310
80
S3
20%
30
19% 80
33
33
32% 33
78% •78% 78*
50% 50% 50% 51
71*
71% 71%
76*
54
83
m%
64
•53
•84
68
137% 138% 187
•8
4
•5% 7%
•88% 88%
50
60
•50
•81
56%
•
88
8
5%
82
55
158
30%
•79
13%
156%
31%
80
13
3%
•3
54
135
814
•138
33
79
80
31*
7'*
19* 12*
78*
58
•83
•88
88
60
53% 63%
79
79%
23*
•99
•55
80
62% 62%
•74
81
ao
sales
1
•22
56
Street Railways.
NBW YOBK CITY.
Bid.
31
30
10
31
•37*
•185
139
Ask.
Id oslnt as rental. 1905 1103
Central Crosstown— Stook 865
$125
1st
6s 1938
Can Pk N A H Blv— Stock 198
Oonsol 7g 1908
JAD 106
105%
MAN
80
1st.
117
180
800
107
79
33
Minn.
135 •138
1810% 310% •210
135
814
30% 21%
33% 34
30% 90%
33
33%
•76*
J77% 79
51%
71% 71%
51* 53)4
71% 72%
51
•53
•83
•69
38
55
75
•58
•83
•68
138
64
88
64
47% J an
a*
70*Aug
84
900
300
A 8. 8. Marie.
pref.
A Texas ......
pref.
a a a %
N
Do
Do
Y. Laok.
A Western.
A
Do
pref.
Nor. Pao. By.. T0t»
tr. otfs.
Do
pref.
1%
7%
88
55
60
55
80
11 2* J at
5
78%Apr
43 Mar
31
Dec
50%Jau
3
88
170
3
13%Apr 37
39*Apr 37
66%Mar 30
lll*Mar89
a a a a a a
Apr 27
Apr 19
12% May 3
• a a *
21
6,098
3,160
105
19,044
3,598
9
46 May
83 May
......
57 May
S5.766 185 J'ne
605
l%Feb
pref.
A St. L.
Do
J'ly
37*J'ne
6 Oot
16%Deo
63
pref
300
495
Deo
18*Deo
8 Apr
7% J an
30%Jan
03* Aug
85%Aug
44%Sep
19 Not
58%Not
I36%8ep
179
173
Sep
Sep
310%8ep
133%Jan
128*8ep
185
Sap
85*Mar
56*Mar
64%Not
Da*
16* Jan
49*Deo
n%Dao
10
Deo
8B*Apr
Apr
80
8 3% Jan
Not
17*Not
8
6
v Jan
48
Jan
1
87%Deo
15*Deo
38%Jan
Mar
46*Not
Jan
98*Sep
36
70
Aug 85 Jan
Apr
Feb 30 Mar
174% Jan 8 142* Jan 195 Mar
58 Mar 29
49%Jan 61% Jan
8 Mar 27
9*Oot
May
41%Apr 21 83 J'ly 37%8ep
67%Apr 5 63*Dec 66*8ep
120*J'ly 83 105*Deo 1S13 Jan
20*J'ly 80
10%Mar 15%Aug
58 Mar 30
40 Deo 63*Aug
18 May 4
7%Jan 15 Mar
3l%Mar 37
17%Apr 19
a *• aiaa •aaaaa 1111
43%Apr 3 •aaaaa ease •aaaaa
3* May 34
8 May
*
»*b
17%Mar 27 10 Mar
&**
34%Apr 9 14% J'ne 34 Deo
100 Apr 8
60 Jan 85 Deo
818%May 28 196* Jan 308 Jan
89 May 5 45 Dec 85 Apr
87%Apr 2 63 Mar 88%Oot
101 Feb 14
85*Dec 133%Apr
182 Feb 13 147 Deo 369 Mar
37*Apr 5 13%Aug 29*Nov
82%Feb 14 44*May 83 Not
l7%Apr
14% Apr 18
8 Jan
5 Mar 17
6%8ap
1 Jan
19
14
14
3
* t
a
•
110
39
54
13
J'ly 83
4
8
6
87*Jan
10 66%Jan
37 148* Apr
11
May
9*Mar 86
89*Mar 37
87
J'ne 19
Jan 89
4
1
31
J'ly 85
68
J'ne 86
94
Jan
Feb
9%Deo
88%Deo
Aug
99*Nov
37*May
78 May
14% J an
45*A-og
Deo 53%Apr
38 Jan a8 Aug
176 Jan 1187 Nov
180 Deo l44%Mar
ll*Dee 19*Jan
65 Mar 80 Oot
89 Deo 41 Jan
1360 Jan 1390 Mar
139*Jan US8*Mh
1198 Jan 1888 Apr
18% J an 88%Mar
83
17%Mar 88%Auf
74%Aug
57%Aug
61%Jan
48%Jan
68 Deo
J'ne
68%J'ne
38 May
8a*Apr
58*J'ly
81*Jan
68 Jan
77% Bap
04 Nov
90
Fab
68*Nov
188% J an 148 Jnn
7%NOT
1 Jan
Mar 31
80*Jan 8
55*Jan
64
78
Jaa
Oot 116
78
35*Jan
73*Jan
8%Jan
8
4
May
7%N«T
43 May 88 Jaa
80 Fab 100 Asp
Less than 100 shares.
Bid.
1
.
.
AvA Pav F 5s-S«« Stk Hxch
. .
195
l
7
consecutive pages).— SIREET
Ask.
185
1st
136
118
101
400
109
405
68
116
101
ist
900
Wtreet Railways.
Second Avenue— Stook
Bid.
Ask.
197
300
1st mort 5s 1909. .MAN *107*
Oonsol. 5S, 1948.. .FAA U17*
800
Sixth Avenue— Stook.. . .
Son Boulev 5s 1945. .JAJ «110
So Fer 1st 5s 1919. .AAO «108
Third Avenue— Set Stock Bxoh
Tarry
W PAM
Yonkers
38th
St
RR
A 29th 8U
5«.1988
5s
1st 5s.. '96
Twenty-Third St— Stook.
JAJ
Deb os 1906
Union Ry 1st 5s '48.FAA
108
105
{119
400
105
113
109
119
810
114
* •
V
83
80
Do
1
Feb 80 157 Jan I94*0ct
39 85 Jan 31
20 40*Mar 89
16 S430 J'ly 13
18 U35 Mar 10
I310*j'ne20 131 5% Jan 8
18*J'ne 80 88%Mar 38
83%Jan 10 40%Apr 18
67 Jan 8 81 Apr 38
48 J'ne 38 6 3* Apr 4
69%J'ne 85 78*Mar 38
5
Plttsb. Oln. Ohio.
Jai.
13 2% Sep
42*Jaii
94 Ma 108
28
72
75 J'ne
99 J'ne
1400 May
1130 Jan
86
A H vans v.
J'ru
7%Jan
31%Deo
pref., vot. tr. otfs.
Deoatur
Nov
6% Nov
J
31%Dm
114*Dec i49*Feb
35 Dec 88%Apr
59*Jai ioo*sep
15
87
\r.RR.AN.Co.Tot,tr.ofs.
Peoria'
94
1
23*Ma
9
8
J
83
•53
•75
85 Feb
97 Jan
5
U83%Janl9 189* May 4
135% J'ne 35 189% Apr 4
11 J'ne 30 14%Mar 89
a« •••
3,727
. ,
N. T. New Haven A Hart
Western.
N. T. Ontario
7
36
8
2%J'ne 35
1104 Jan 33 1113 Feb 3
45*J'ne 18 69%Mar 38
87*J'ne 18 97*Apr 6
16 Jan 3 27 Apr 24
50 Feb 5 69 Apr 24
10 Jan
5 12%Mar28
88%J'ne 35 40%Apr 17
6l*Apr 16
3 8% Jan 11
35 J'ne 35 48%Apr 2
»
100
Feb 87
10* Jan
1,375
13,775
100
1st pref.
3d pref.
1
J'ne 35
76
500
•
138%
.
— Stook.
pref.
54
1%
Railway.
—
3d
.
4
144%May 14
34*Jan 39
50
Louis.
88
64
•6*
38
60
55
88
I
St.
Do
79
Chrlst'p'rAlOth 8t-8took 175
ColA 9th Ave 5s-Sm 8took Hxch
Dry D H B A Bat— Stook
130
1st gold 6s 1933... JAD 1115
Scrip 5s 1914
FAA 98*
Blghth Avenue Stook.
392
Borlp6s 1914
105
48d A Gr St Fer—Stock.
399
43d St Man A St N Ave..
65
1st mort 6s 1910.. MAS 119
3d lnoome 6s 1915. JAJ
98*
Lex
St. P.
Do
Mo. Kansas
H
79
33
Ninth Avenue
• a a
5,592
10 010
6,060
189* VT T. Central A Hudson..
T.Ohio. A St. Louis...
•11* 11%
(Given at foot of
Street
110 J'ly 80
35 J'ly 7
34
15 Feb 3
700 20% Mar 16
48 J 88%Feb 3
10 1197 Jan
3
reots...
89
189
•70
•30
wars made on this day.
87
108
340
100
113
mort 4s 1950.. .JAI
60
J'ne 22
Jan 2
7%Jan 81
•••*
a«tt
200
60* 50%
39
189
53* 59* •53
80
35
A Fu) F— Stock
100
'way A 7th Ave— Stook 383
lstmor Cs 1904... JAD 1103
Sdmor 5s 1914.... JAJ 110
Con 5s 1943— See Stook Bxohl
*wavSur 1st 5s gu. 1934 {115
Bieeok St
33
48
1,950
tr.
8
J'ne 85
3%May
.
55* 56* Minneapolis A
Do
94* 94*
10
31
•69* 64* •82%
127% 128% 138* 138% 197* 138*
9
•1% 2
3
11%
•1% 8
7% •6* 7% •5% 7% •5* 7%
33%
• a
lvA-etropolltan Street ....
Met. West Side HI. (Chlo.)
Do
pref.
\J Do
54
88
84
• a
pref.
3% Mexican Nat'l
•3
Jan
10
pref.
Lake Sh.
i
7
ll%Jan 13
.
90* Manhattan BleT.,oonsol
1E8
•18
49% 50*
•70
•80
90
155
209
70
«1
69
83
dar
81«Aw
85 4N0T
De- 137 Apr
1
175
68 {Aug
S0*Mrr 59 Ifov
May 1)3 Dee
84%Ma 99% Way
46%D«c "70 Jan
29
36
13
10
5*J'ne 36
800
125
A Western....
Brie
Do
•58* 60
10%
•128*139
•11* 13
61%
71% 71%
•52% 54
87
64
188
Bid and asked prices
M
pref.
Do
I ake
*-*
95
18
10
Feb
11 186
30% Jan 10
....
•10
31
76
33
61
OUT8IDE 8ECURITIE8
1st
IMMI
668
A Mloh. South.
71% 71* Louisville A Nashyllle....
60
70
71* 71*
90% 91%
•187
30%
78%
•93
1309
95
Ma
39
4
5
J'ne
53* Mar
1,075 58
5,453 110
••••• Kan. City Southern (w. 1.)
Do
•••
pref. (w. {.).
4
Keokuk A Des Moines. ....
•3*
•U* 15* •It* 15*
•37* 88
27* 27*
•87
39
189
sea
4
•18* 80
•58* 60
30% 30%
49% 50%
•185
• •
/
•53
•84
•63
Do
17
60%Jat
43%J'n
67%J'n
19
Apr 16
7* J an
6 3% Apr 4
31 Jar
25 136% Apr 4 113 Dec
18 174%Mar 21 165 Dec
25 187%May 33 141*JaL
9 300 Mar 28 188 Jar
25 114%Mar 28 100 Dec
12 123%Jan 31
91 Fet
695 144* J'ne 38
19*
19
•46
••••••
56% 58%
93% 94*
58
94
21
60
10
128% 129% 128% 129
•11
12
•11% 13
79
137
914
93
81
60
10
56
••
»• *|
••»•*• ••••(
•105
80% 30*
•138
•810
80
19* 19*
•2*
4
80
•8
55% 56%
•59)4
•10
79
•3*
••«••!
•78* 80
li% 12% 13% 13*
13%
3
129% 129* 128
•11
•11% 12
•70
• • • i •
80
70
380
80
105
11
39
189
*
70% 71% 70%
89% 90* 90*
154*
154% 156* 153% 156
•30* 31* •30
•30
32
92
19%
31% 31%
50^ 50%
19%
19
•46
70% 70%
89% 9t
95
21
•19%
•59% 60
•10
•6)
16
a a a •>
. .
••••I •••••*
..••• ••••••
•2*
4
•36
•30
'
•
.
28
156% 158
.
46
47
46
46
47
Do
pref.
16% •14* 16* •14% 16% •14% 16% •14* 16* 17 ana wha A Michigan
15
•16
•15
•15
17
•Van.
16
18
P.
16*
O.
17
A Gulf, tr.reo.
47
•26
•90
70% 7i*
91
91%
pref
110% 10%
11%
•3Ss% 33
AJ Do
•38% 33
1st pref
•15% 17% •15* 17*
Do
3d pref
•4<% 45
•43* 45
•42* 45 Bvansv. A Terra Haute
•80
•80
84
*8J
84
84
Do
pref
CH.W. A Den. 0., stamped
115% 16%
-T t. Worth A Rio Grande.
5153* 153* •153 153* •153 154 ( ^.reat Northern, pref.
••••I Mllll
•eases ••••#•
*••••• •••••! VJr'nB.AW.,deb ofs. "A"
Deb. otfs. "B"
*-»-
Api
Ma:
24%Mar 26
18 76*Mar 26
90 19 Mar 26
4 J'ne 12
6*Mar 5
12 J'lr 5 17%Mar 5
275 10%J'ne 21 14%Mar 27
23-31* Jan 9 4 3% Apr 4
15% Jan 10 23%Apr 4
40%Jan 5 54%Mar 15
84 J'ly 18 94*Apr 19
15 14* Apr 4 15*May 22
34
61
8«
1,180
18
33% 34% 33* 34% 34* 35*
•60
•61
63
6»*
61% 63
118% 119% xU6%H6% 118*116* 116*116*
34
•••••• teats
•2%
•14%
Do
....
•10*
•10% 11
»3i% 31%
5* 17% •15*
80
63% 63% 61% 63%
119% 119% 118% 119)4
•20
30%
20% •20
•14% 16%
10%
32,
32
15%
•••••• •#••*•
•84
10%
32)4
33
42%
12
•18
Apr
14
3
3
8
29%Mar 21 15%J'ly 87 Sep
1,300
7%Mar 22
5%Jan 39
4%Sep
8%Jan
100 38% May 15 47%Mar 87
85 Deo 53*Mar
100 14%Jan 6 30%Mar 31
12* Dec 35 Mai
258 110 J'ne 88 11 9* Mar 88 106*Jan 185*Apr
81
• a a a a a
<
12
Jan
Jan
9
pref. Tot. tr. otf s.
Do
lit pref.
do
Do
3d pref. do
•110% 113% 112*112% 113*118% UU%111%
177 •177 179 •175 180 •175 179 •175 179 •176 179% J-' el. Lack. A Western.
18
18* Denver A Bio Grande. . .
17% 18 •17% lt-% •17% 18 •17 18 •17 18
•65% 66% •65)* 86% 66* 66% 566* 66% 66% 67
•66
Do
67
pref
•13
•13
•13
15
15 Dee Moines A Ft, Dodge.
13
15
•12)6 18
15
•13
15
8* 4% •3% 4% •3% 4* 3% 4% •8% 4*
•3%
4%
•16
•111
1177
I9*oot
48* Oot
34%Feb
36
10%Dec
17
23
.
•6
•41
Highest.
3
89
15
4 5* Jan 24
.
•••It
Lowest.
15* Apr
18
19
1.190
50* 51* 61
50%
111% 111% 110% 111% 11 % 110% 110% 111% 110* 111% 111*112* Chloago Mllw. * 8t Paul. 88,866 108*J'ne
•171
2 6 169* Jan
H7I*
173
171% 172 173
17 <% 173*
Do
•170% 173 •l'O 178
pref.
158 Ctaloago A North Weitern.
1,360 150*J'ne
158
157
157
158 158* 157% 157% 157 157% 158 158
200
••••
a*
•••• i97
Do
195%May
iee- si
pref
9,835 102 J'ne
106% 107 Chloago Book Isl. A Pao.
ioe% 106% 105% 106% 105% 106% 108 106% 105* 106
•110
114 Chlo. St. P. Minn. A Om.
•110 114 •110 114 •110 114 •110 114 110 114
112 May
•160
180 160 180 •160 180 160 180 160 180
•160 180
Do
172 Feb 8
pref.
•10
400
•10
•10
11
10
11
Ohio. Terminal Transfer.
•10
11
9
10% 10
11
9 Jan
9
•30
500 30%J'ne 25
30
33
83
31
31
31% •31* 38
•82
31
Do
33
pref.
360 55 J'ne 19
58% 58% 58% 59
•58* 59* •58* 5% Oler. Oln. Ohio. A St. L.
•59
58% 59
60
100 l03%J'ne 1
106
106
Do
106 •103 106 •103 106 103 106 •103 106
1106
pref
•80
•30
•20
•20
30
30
80
30
Oler. Lorain A Wheeling..
14% Jan 10
•64
•64
•64
•84
•64
69
68
68
•64
68
68
Do
68
46 Jan 2
pref
•52
90
i
49 J'ne 3C 80*Apr
53 Feb 37 70* Mar
98 Jan IE 115 Apr
85*J'ne 35 99%Feb
4 7% Feb 87
58*Apr
91*Feb 26 93 Feb
115 Jan 6 163*J'ly
84 J'ne OS 33%Apr
119%Jan 10 133%Apr
37 Apr 85 39%Jan
88 Jan 31 109 Mar
120 Jan 17 134 Jan
•
8,7tiu
•88* 71
•42* 34
'is
• •
195
83% 84*
85
58* Jan
55*Jan
78*Jan
.
Do
126% 127* Chloago
10%
•32
Santa Fe.
i
130
Mar
Apr
29%Apr
74%Apr
89%Apr
18
48
£
40*J'ly 34
18% Jan t
12,155
A
44,318
Do
pref.
L»alt.AOhlo,vot.tr.oertfs. 83,08
l» Do
1,303
pref
101,686
Brooklyn Rapid Transit.
Buffalo Booh. A Pittsburg
81
....
Highest.
Lowest.
pre*.
Topeka
27* 27%
•
previ-
ous year (1899).
Week.
Sharei
16%Mar
Do
ton.
87% 88*
88*
*
23
52
A
36% A
•107
Range for
for year 1900.
On basis of loo-sh're lot*
of the
Railroad Stocks.
18
43
{30*
STOCKS.
Y. STOCK EXOH.
•48* 48* •48% «r%
10j*
103% •
129* 129* 199% 13* Central
•
189
•
N.
3.
57* 58%
120
11
•23
53
15
•40%
38% 26* 27* 2?% 27*
126% 125% 126* 125% 126*
...
11
18
43
81
10* 10% 10%
83% 84% 83* 84% 83
70
•88%
70
71* •68*
•32% 35
•32%
•33* 35
11
Friday,
57% 59
Range
Sales
Aug.
26% 26*
69% 69*
74% 78%
48% 48*
•
138
95
•125% 126
•
40%
25% 28*
69
69*
6
Zi«
I *
80* 8"*
80
"10?
15
18
•40* 43
5«% 67%
.......
•
•15
18
63% 69%
74
74%
Z**
80
58*
65
120
Wednesday Thursday,
Aug. i.
Aug. 2.
*i0% 43
3)% 26*
88* 87*
49
•48%
103% •
138% 188* 138
36* 3«% 26*
9614 37
1269* 187% 135% 1369t 125)«
§88% 88*
•48* 49*
108H
•138% 139*
•
9*
7fe%
81
•56
•107
July 31.
July 30.
[Vol. LX*I,
1.
Weekly and Yearly Eecord.
Daily,
8T00K8-HIQRB8T AND LOWEST SALS PBIOBS.
Saturday,
July 28
Page
RAILWAYS,
Street Railways.
Westohest 1st 5s '43.. JAJ
BBOOKLYrT.
1909.AAO
AAO
Con 5sg 1931
Impt 5s— See Stock Hxo
Atlan. Ave., 5i
AW.B. 5s 1938. AAO
list.
B. B.
110
107
114
410
108
115
Brooklyn City—Stook
Cons St— See Stock Bxc
BklynCro**tn5sl9o8 JAJ
BkLnHgtslst 6s 1941AAO
8'kynU Co.A Sub— See St
Bklyn Rap.Tran.— Sm 9t<.
<f&
,....
.
August
THE CHRONICLE -STOCK
4. 1900.]
8T00KS—HIGHEST AND LOWEST SALE PRICES.
Saturday, Monday,
July 23. July 30.
Tuesday,
July 31.
Wednesday Thursday,
Aug. 1.
Aug. 2.
48
48
48
•13
10
10
•18*
9*
••67
9
78
67
88* S3*
10*
86* 86*
88% 38*
"10* 11
62* 08
•10
10
10
•33
•10
43
16
9*
67
33
10*
80* 26*
38* 38*
10* 10%
51* 58
14* 14*
•109
118
•34
•13
•9
•66
44
•38
•38
44
15* •12* 15
Friday,
'32*
70
•65
33
•33* 38*
10* 10*
io*
io
25* 26
82* 33*
11
9*
9*
9*
11
65*
68
41*
14*
.»?.
•66
63
L> ending, voting tr. otfi.
I-» lit pref., vol. tr otfi.
3d pref.. rotlng tr otfi.
M 2*
ii
52*
51* 51* 58
14* 14* 14* 14*
108*119* 110 110 109
110
109
109
hlrd
Toledo
•80
30
••••••
Do
••ft
,
-•••••
•
57
58* 58* 59* 68*
75*
75* 75* 75* 76
6* 7* 8* 6* 6* 6* 8*
•17*
18
17*
17*
16*
•17|J <8* •17* 18*
8* 8*
8% 8*
9* 9*
§*
,£*
r§»
46 48 •46 48* 46
•46
•46
49
49
24
84
123* 23* 33* 23% 23*
94
84
•14
14* 114* 14* 13
14* 13
14
14
37 39* 38
39
87* 37* 37
88* 39
57% 57%
76% 70*
•6* 7*
125 126
(125
125
135
14* 15* 15 15
15
63
63
•68* 63
63
162* 62*
33* 35 •33* 35
•84
34
85
34
•89
91
88* 91
•89
91
•86* 91
•25
25 28 •25 28
•86
28
88
•103 153 •153 158 1156 157 1155*155*
35 37
87
37* 37* 37% 36* 37*
67 69
•68
70
68
69
68* 67
18
13*
10* 11* •K* 11* 11*
»56
(57
57
•65*
•06
56*
06*
56*
•183
10
130
10
154
19
80
•66
69
34* 34*
78* 73*
134
8*
19*
131*
187
•90
•41*
178
96*
48
•170
90
95
33
78
97
21*
78
92*
142*
43
170
170
7
•S3* 34*
•110
135
13% 15*
179* 180
86
29*
79* 79*
38* 84*
65
65
139
129
53
•61
32* 83*
125
*13* 16
179
179
24* 25*
78* 79
100
102
100* 100
H03
•23* 23*
«5* 60*
74
95
•52*
76
100
•10
17
131* 31*
87
(87
•19
30*
•96* 97
•24
84
•0*
.!?,*
•83
•128
!2*
•19
65
»?
19
96*
190
12
65*
35
55
76
100
17
20
97
*
44
90
37
188
7
30* 80*
97* 98*
41
41*
19 80
34* 65*
5*
70
•45
47
65
47
16
12*
185* 66*
•45
10
'182
1S8
•78* 80*
*
'122
B.,
new
86*
20
'180
(15
125
168
•154
97
66
69
63*
Do
91
28
Do
pref.
pref.
Amerloan Dlitriot Tel ....
Amerloan Rxpreii....
36* American loe
Do
69
pref.
1 * Amerioan Linseed........
158
67
.
68
67
Do
67
pref.
<43
43
(90
90*
33
144*
138
79* 79*
•5*
30
7
30
97* 98*
41
41
97
•43* 44*
96*
31a
•84
89*
•33
180
15
15*
5*
6
7
9
3*
40*
74
183
•45
47
•45
73
182
•122
128
79* 79*
•128
>.
Ask.
330
103
100
kB'kC.ANew5s'39.JAJ 114
100
105
81
75
110
85
H«wWmb'gAFllitex.4*8 100
B t«tnwaylit6il988.. j&J 1117
117
i'oV
80
114
88
105
118*
•45
47
90
35
187
89*
33
180
88
69
7
'123
•6
7
31
31
99
73
73
184
Do
„
Do
pref.
New CenCCoal (new itook)
9*
Do
38
93
pref.
Do
pref
Bullion Certlfi....
loss-Sheffield S. & I ....
Do
pref
5* StandardiRope A Twine.
20
66
69* Tenn. Goal Iron A RB .....
15* Texas Pacific Lard Tiust.
Bag A Paper
11* Union
Do
ee
47
pref.
United State* Bxpreii. ..
10* United States Leather. .
68^ 68*
132
......
Pullman Company
RepublloLronASteel...
62* Silver
10
69
87
.
Ontario Silver
,
Paolflo Mall
eopTiGas-L.AO.(Chio.)
Pressed Steel Car
27
96
138
.
Do
pref
United States Rubber
Do
Weill, Fargo A Oo
79* 79*
t Bz 100
I Leu than 100 iharea.
79* 79*
pref.
National Tube Co
52
45
47
138
National Steel
N. Y. Air Brake
98*
39* 89*
73
182
27* 87
96* (98* 96*
128
90
35
137
79* 79%
pref
eit Union Telegraph
p. o.
8
Bid.
Col 8t
OTHBR
C1TIH3.
Buffalo Street Ry— Stook. 100
lit oomol 5i 1931. FAA
1108
Deb 6s 1933
Stock.. 247
Chicago City
34*
Indianapolis Street Ry....
100
Cleveland City Ry
Cleve Clty-lst 5s '09. JAJ 102*
87
Cleveland Hleotiio Ry....
RR—
MAN
me*
14*Mar
85(
1,270
MAS 106
Con 5s 1913
87
Columbus (O) St Ry.,,.,.
Pref erred
9*Apr
34*Apr
ll*Mar
58*Apr
33*Mar
20*Mar
27
27
36
Apr
2
57
88
.*••«.
350
•
••••
101
600
1,100
550
20
104
88
107*
89
«5
25*Jan
6
3
3
6*Jan 30 18*May
40*Feb
Jan
90*Not
7*Doo
86
88*Apr
38*Mw
44
55
18
Not
Jan
Oot
14%Feb
75*Jan
44%Jan
18*Aug
40*Ang
44*Not
14*Oot
68*Not
25%Mar
8%Jan
6*Deo
May 85*Apr
7%Deo 13 Aug
19
45
Dec
21*Deo
13* May
40
Dec
79*J'ne 18
18*J'ne 11
1,370
1,049
May 17
J'ne 23
79*J'ne 28
40%J'ne 25
88*May 14
e • * • •
35
95
30
-
400 110
May
May
54*Apr
92*Apr
37 Apr
5
150
1
6%J'ly
25* J'ne
92 Mar
S9*Aug
i",8i'6
7,688
1,400
8* J'ne
Aug
49
370
1,335
7,185
876
9,763
11
9
3
25
1
62 J'ne 26 104
t
Feb
l6*J'ly
85 Feb
19
10 J'ne 18
56*May 9
(45 Mar 12
7*J'ne 25
65 J'ne 25
21 J'ly
6
•••••
1.611
31%Ma*
68*Sep
46 Not
97%Oot
52*Mar
(160*A.u
6p
£i*!Sep
85
16*Not
Deo
37*Jan
87*Jan
59 Apr
94*Apr
61
4S*Not
86*Sep
73
May
106*Mar
182 Mar
123 Mar
105 Apr
52*Apr
99* Feb
229* Apr
150 Mar
70 Apr
160
Mai
30*AVK
W
a9HSep
EM
84
130
21*Sep
223*Mar
65%Apr
103%Ang
101 Aig
130*Oot
75 Apr
93* Air
•
••••!'••
133
110 Jan
117* J'ly
68*Jan
95 Jan
36
Feb
63*Feb
84
85
Feb
Deo
102*May
5
4
Oot 43 Jan
Deo 230 J'ly
6%Jan 17*Nov
6 Mar 10*Apr
35 Deo 55 Jan
90*Deo 129* Apr
44*J'ne 61 Aug
70 Deo 91 Sep
106 Jan 407* Oot
16*Deo 33%Sep
60*Deo
08*Deo
79 Aug
60 Apr
6*8ep
15*Nov
36
Jan 136
11
SWEET RAILWAYS,
Bid.
hlla.
Alk.
list.
110
16*
80
W
•
!•«•
f*
tract tt-ailways.
New
Orleans City Ry
Preferred
North Chloago— Stock. .
JAJ
lit 5s 1908-16
North Jersey St.— Stock.
.
Bonds
St (Chio)Blev-stock
10* Pat Ry oon 6s 1931 .J&D
deb 5s 1938
AAO
JAJ
Gen 6s 1914
94
95
Looliv St Ry—6 p o bonds (118* 119* rov A Pawt'ck-llt5i '33
Common.
•••••••
78
loohester Ry
,.
79
Preferred
.AAO
no
Oon 5s 1930
LynnABoi-lit 5s '84.JAD {113
JAD
2d 5s 19S3
•*•
<*'Tin«»»n at Rv-*o"IQ T*.T »1"7
to»
J*
»
Nov
76*Mar
Jan
Nov
17*Deo
71 Deo
77* Feb
(49*Mar 81 {40 Deo
19 Jan 3
5*J'ne
77 Jan
64*Deo
44 Jan
37%Dec
90 Feb 27 104* Jan
99* Deo
120 J'ne 1 (129*Feb
120 Deo
77*J'ne 22 88*Jan
82 Deo
13* J'ne
328
Dec
Ang
36
30
J'ne 7 110
59*Jan 16
10 19*J'ne26 22*J'ne 15
400 59*l'ne25 85*J'ly 88
4*Mar 6 10*Jan
850
9,576
ino
9
30 Deo
70 Nov
51 Mar
95*J'ly
5
9 Feb 2
47*Jan 2
lll*Apr 2
58*Jan 17
88*Jan 17
189% J an 19
27*Peb 6
70*Feb 6
80*Mar 8
7
470 72 J'ne 23
716 176 J'ne 25
3,760
1,977
Deo
59
(119 Feb
31
15%Mar 26
13*Jan 23
1,050
17
62*Dec
Jan
33%Sep
21 Not
64
39 Apr
Deo 62 Jan
96 Feb
89 Deo 107* Jan
28*Feb
82*Deo 40*Jan
106*Feb 20 1 03* Dec 115 Jan
53*Feb 6 31* Deo 83 Apr
97 Feb 6 85 May 99*Aug
23 J'ne 21
640
308
SO
540
2,300
300
Crosst'wn— lit 5s....... 1108
C Hob A Paterson
16
4igN>v 1 1949.. MAN 79
Kansas City
6s
(108
Guar 4s 1938
..JAJ i 88
Lake
2
26
58 Mar 6 70*Feb 6
24 J'ne SO 30*J'ly 14
3* Aug S 10%Jan 26
2« J'ne 29 40 Feb 13
52*J'ly 21 66 Feb 8
65 May 10 80 Jan
96 Jan 11 100 Jan
J
Ill
20 Jan:
Sep
15*Jan
45 Mar
89 Mar
60 Jan
40%NOT
84*NOT
07
131
Apr
J'ly
180*Se*
88*Ja n
itook dlT.
Street Railways.
Ry— Con 5s.— 35 P
Ask.
15* Dec
42*Dec
22*Deo
85*Jan
.
(Given at *oot of 7 oonsboutivb pages).—
Street Railways.
Highest
24S 111 Jan 2 (130 Apr 30 (108 Jan
581 12* Jan 10 18 Feb 7
10*Deo
63i 57*J'ce25 67%Apr
01 Deo
800 30 J'De25 37*Apr
30 Deo
90 Jan 8 100 Apr
88*Jan
2 4% Jan
4 33*Jan
30 Oct
60 (142 Mar 6 159 May
133 J'ne
1,650 27*j'ne 26 49*Apr
31 Deo
380 80*J'ne 19 78*Feb
72* Deo
75t
6*J'ne 83 16* Feb
8*J'ne
50 49*J'ne 35 60 Feb
44*J'ne
800
3 J'ne 12
7*Jan 2
6*Deo
100 18%J'ne 27 31* Jan 2 24 Deo
45
34* J'ne 18 43%Feb 6 30 Deo
300 85 J'ne 25 93 Mar 24
77*Deo
2,890 17 J'ne 25 50*Feb 6
24 May
300 66 J'ne 25 86 Feb e
70 May
83,566 28*J'ne 25 59%Apr 2
32 Deo
1.190 69*J'ne25 95 Feb 1
84 Deo
224,51) 95*Mar 3 137* Jan 4 114*Deo
23'! 107 Mar
2 118 J'ly 14 110 Jan
(94 Deo
•••••• 190 J'ly 23 (98*Jan 13
1,880 18 J'ne 25 36** eb 7
20 Deo
840 70*J'ne 25 84*Apr 9 74 Deo
49,076 84%j'ne 25 lll*Feb 14 t78*Dec
128 May 17 140 Feb 15 121 Deo
• ••••
37*J'ne 85 54%Apr 3 31*Dec
13,58;
2 175 May 81 130 Deo
10 140 Jan
9*May
6*J'ne 25 16*Jan 25
10C
l*May 7 2*Apr 10
l*Jan
29*J'ne
18
30*Feb
1,596
51*Apr 2
120 J'ne 8 131*Jan 17
88 Jan
ll*J'ne23 21 Apr 2
6*Feb
4,786 I7l*j'ne86 199 Jan
3 163 J'ne
9,70: 21*May 21 38 Jan
3 20 Deo
16,07f 70 May 12 89*Jan
3
71 De
500 90* Auk 2 98*J'ne 14 63 Jan
101 Jan
3 122*Feb 23
92*Jan
39*Deo
35,20 c 8S*J'ne 25 57*Feb 6
60*J'ne 26 77* Feb 6 67 Deo
2,06
300 64 May 17 81 J'ly 17
95*Jan
50( 120 Jan 10 140*Apr 19
44 May 15 58* Feb 5
87 Deo
31(
98 Jan 2 101*JFeb 1
95 Deo
10(
108 J'ne 25 115*Jan 11
97 Jan
pref.
15* 15* North AmerioanCo.
15*
10* 10*
10*
16
J'ne 25
J'ne 18
46*J'ly 13
21*J'ne 18
13 J'ne 3'
37 J'ly 8
17
23C
110
910
pref.
Do
84* 84 a 84*
44* 44%
30* 30*
98* 98*
39* 89*
30*
Jan 16
6* Mar
250
466
National Lead..,.,,,
20
97
24
84
181
9*
10*
9* 9*
51* 50* 60* •50*
•61*
62* •61* 62
19 20 120 20 19* 20* 19*
•64* 65* 65
•64* 65* 65
65
•5
5
5
5* 5
5* 5*
67* 69
68* 69* 69* 89* 69
15 18 15 16 15 16
IE*
13* "H
UK 11H •11* 18 •a* 66
64 65
64*
65
185* 65*
Street Railways.
Bid
Ooney Island A Brooklyn. 326
lit Oi 1903
JAJ 108
lioertfslndbtl908.JAJ
19
97
25
45
37
185
80
98
40
19
119
Bid and asked prions bo sales on thti day.
9r.8t.ANew lit5i'06AAO
9'P't A Lorlmer St. 1st 6s.
Kings Oo. {novated.—
lit 4s 1949
Nassau Kleo pref
611944
AAO
lll4ilM8
JAJ
86* 86* (87* 87*
20
97
24
89% 89*
30
Do
6
35*Ai.r 6
60 Mar e
93 Mar 22
6*J'ly 88
Lowest.
343 Feb
Jan 39 Apr
Jan 45 Deo
6 1* J'ly 5 68*Jan 24
38 Jan 78 Apr
136 Jan 8 143 Apr 12 118 Jan 141 Feb
153,938 44*Jan 10 60% Apr 4
38*J'ne 5l*Deo
10,63* 70*J'ne 23 78* Apr i
66*Deo 84*Jan
pref.
84fc Amerloan Cotton OH
4
20
35
lit pref.
Colorado Coal A I. Dev't
olorado Fuel A Iron. . .
23* 23* 23*
83* 84* •83* 84*
9
9
5
1,150
A damsBxpreii.,
fa-merloan Car A Foundry
189
15
38*
*
28
U* U* n
86*
(86
(20
49 Jan
36 Jan
31*Apr
66*Apr
Range for prevxous year (1899)
May 24
3*J'ne
88%May 26 49%Jan 2 38*May
200 ll*J'ne26 16* Feb 5
9 J'ne
200
8%J're25 12 Mar 31
8*Dec
180 66 J'ly 12 72*Mar 30
64 May
775 31*J'ne23 39 Mar 30
28*Deo
1,150
e*J'ne 20 13*M«r 26
6*Jan
4.820 21%J' D e28 34* Apr 16
17 Jan
15,060 30%J ne 18 43 Mar 27
37 Maj
930 10*J'ne25 15* Mar 27
10 May
1,78<
49*Jne25 6l*Mar 27 40%Jan
1,526 13*J'ne25 81 Apr 17
12*Deo
750 45*Mar a 135*Jan 3 117*Deo
Do
3d pref.
wnoon. Central, new
Do
J'ne 20
80
3*
(97* 97*
16
1,350
87C
. .
.
OUTSIDE SECURITIES
F
A L.
33*
32* 82* 33
Do
•115
125 115 126
135 115 125
pref.
14* 15 •13* 16 13* 15 Col. A Hook. Coal A Iron.
•13* 14
179 179* I179f2 179* 178 179* 178 178M ConioUdated Gai (N. Y.)..
25
25
24
24* 24* 25 Continental Tobaooo
24* 25
Do
74* 77
pref.
78* 79
76* 77*
77* 78
Detroit City Gai
90* 91
Brie Telegraph A Teieph.
31* 38* 81% 32* 33* 38* federal Steel
31* 33
65
65
oref.
65
184% 65* I Do
64* 65* 66
76% 76% 78% 76* Gas & Bleo. of Bergen Co.
77* 77*
129 129* 130 130 ISO 130 130* ISO* General UUeotrio
58 53 Gluooie Sugar Refining.
58
52
53
51* 51* 51
Do
98 99* J9 100
LOO 100* 10J 100
pref.
H.B.ClafllnCo
103
;....
22
32
International
22
23
Paper
188
88
22
83
.
Do
•64* 65* •65
66
85* 65* 65* 65%
jret.
29
29* 88* 29* 89* 29* Iot« ua tonal Power
128* 29*
5
3* 3*
3* 3*
3* 8* tuiernttbiuucu ouver
,
Knickerbocker loe (Ohio.)
•20
23
Do
•50
55
pref.
74
74
74* •74
76* 74
75
74
Laolede Gai (St. Louli).
Do
•95
93 98* 96 100
(95
95
100
pref.
•14
•14
14 17 14 15 Manhattan Beaoh Co .....
17
17
•30
30* 30* 30* •80* 31* 31
31* National Blioult........
85
19
for year 1900.
43*Jan 27
pref.
Wheeling
14
39
88* 33* (33* 33*
10* 10* 10* 10*
68* (68* 68* •68
* 68
.22*
2
135
25
34* 26* 28* 28* 28*
•93
95* 96
§96
95H 195* 95*
i2* 12*
9
14*
33J,
115
73* 73* 73
183* 183* 183 184 181
10* 10* (10
10*
9
154
64* 53
53
49
•61* 62* 61* 62* •61*
5*
48
•18
•37
40r
11,491
700
•
223
2.
Ilncellan'e Stocks.
.22*
67
69
•t6
.22
•73
74
71* 68
•15* 16* 15
12* 11
!ii
•64
71
66% 66%
32* 33*
573
73*
33
128 133 130
i6« le* (15* 15* 15
•33
•128
•71
04
62
20
„B
5
30* 30*
(86% 86*
•6*
74
183
•61*
74
95
14
X44
2£* 2~*
.??
?s*
•41
43
•71
100*
33* 21*
83* 84
20
84
46
87
138
115
15
'5*
7
183
12
•03
129
53
23* 21*
66
65*
29* 29*
29* 29*
•3
:2* „ 5
20
30
25
•62* 55
91
33* 33*
65
65*
129
58
Do
33* 38* 33* 33 Anier. Steel A wire (new)
25% 73
Do
73* 73* 78*
74
pref.
119*121% 121*123* 181 121* Amerioan Sugar Refining.
124* 120 124
Do
116
118
pref.
116*118*
{115*
115*
1117*117*
118
•90
90 95 90 95 American Teleg. A Cable.
•90
95
95
95
22* 23* 23
22* 2oft American Tin Plate
81* 21* 21* 28
Do
77* 79 •77* 79
78 79
78 -78
pref.
78
Amerloan Tobaooo. ..,,,,,
9 2*,22*
91* 94* 92* 91
97
22* ,22*
Do
•128
133
•138 133 128
133 128 133
pref.
43* 44* 44* 45* Anaoonda Copper.
42* 41* 42* •42* 43
Drooklyn Union Ga«
•169 175
(168
168 168 178
174 168 174
•1
7* I>runiw. Dook AC.Imp't.
8*
7* 7* *6* 7*
•115
91
...pref.
Wabash
Do
•46
•28*
Br
Paolflo
i
I
Do
pref.
{56* 56* •156*
06*
3* 4 Amerloan Malting
3* 3* *2* o 4
3* •3* 4
19 1»>»
Do
19 30
80
pref.
19* 19* 19
20
liner. Smelting A Refining
87
*2 6 *
37* 36* 37* •36* 37* 37
22
Do
•87*
88*
88*
88* (87* 87*
pref.
87* •87* 88*
Amerloan Steel Hoop
•18
19
17* 19
19
19
19
|f 8 18*
36*
87*
18*
68* 67
33* 34*
7a-* 78*
1117* 117* •l«6
1
9
49
24
38
pref.
pref.
Unlon
Do
7*
8*
T.l...
Central. . .
Do
76V.
•6*
Avenue J N.
A Ohio
Twin City Rapid Tranilt.
lllll>
17% 18k
14* 15*
2!* (63*
2?
34*
35
34*
89 91 88*
25 28 •25
H«
•3*
4
•19* 20
•37
37*
•87* 88*
t
•35%
.2*
135
1135
15
163
••••
59* 60*
59*
76%
7*
17*
58* 57*
74% 75*
Range
aio Grand* Weitern
3d pref
Do
82* 88* 133* S3*
10* 10% •10* lOfc 3t Louis South weitem...
Do
pref.
26* 87
36* 37
33
33* 83* 34H Southern PaolfloOo
Southern,
TOtlng tr. otfi.
11
10% 10% 11
Do pref., vot. tr. otfi
58
53
51* 52J,
14* 14* 14* 14* rexasA Paolflo
25* 26*
38* 33*
Page
STOCK8.
\% the On basis of soo-sfi're lots
STOCK EXOH. g^Si, Lowest.
Highest.
pref.
Do
90
7
St. J. AG. III. TOt.tr. oti.
lit pref
Oo
«1*
3d pref.
Do
14*
- 9 >» it. L. A 8. Ft., Tot. tr. otfi
Do
1st pref.
70
•8*
9*
•9
N. Y.
3.
16* 16*
59* 60*
88* 89
44
15
•12*
(2 pages)
Sales
Aug.
•16* 17* •16* 17* •16* 17
16* 1R* •16* 17
60
69* 59* 69* 69*
59* 69% 58* 69* 59
38* 28*
88 89 38 89 33 39 •28* 89
69*
59* •
•
69*
•
...
90 *
90
90
•
90
90
•6*
7
6* 6* •6* 7
6* OK
6* 6*
PRICES
.
1
,.
&c.
.
2
1
.
8
N
I
791
8
9
'
THE CHRONICLE -BOND
224
BONDS
H.Y.BTOCK EXCHANGE
Wbbk Ending
Alabama Cent.
Aug. 3.
See 80 Ry
.
1905
Ann Arbor Utg U
Atch T A 8 Fegen g 4s.. 1995
108
03
+
£o
A-O
101*
1995
84"
1905 NOTt
Registered
Adjustment g 4s
Last
3.
M-N
SeeCenofNJ.
I.
Range or
1995 NOTt
Registered
Equip trser A g 5s.... 1902 J-J
Chic A St Lou 1 st 9s. 191 e M-8
Atlanta A Char. See Son Ry.
Atl Knox A No 1st g 5s 1946 J-D
1*
Sale.
Ask Low. High. No.
Bid.
labama Mid 1 it g u g 1 828
Albany A Susq. Set D & H
Allegheny Val. SeePennCo.
Am Dock &
Aug.
J'ne'00
BONDS.
K. Y. HTOCK EXCHANGE
Jan. 1.
Week Ending Aug. 3.
Low. High
Chic Milwaukee A 81 Paul—
MAStP— lst7sfgRD.'02 J-J
108* 105
1st 7s 4 gold RD.... 1902 J-J
since
Gen gold
08* 103
99 100*
78* 85
101* 849
99* Mav'uu
aVa
84
83*
79* Deo '99
Bale
lstCAM7s
1903
Chic Mil A 8t P con 7s.l 905
Terminal gold 5s
1914
94*
90
9
93
93
101
Sale
Sale
106
105* 100
Apr '00
100
100* J'ne'00
J'iy'00
111"
May'00
111
111
101
8*
11
J'ne'09
Brtins&West. Se^SavFAW
Y & Brie. See Brie.
1937 M-8 112*
BuffRAPgeng5s
»*•»»»
Debenture 6s
1 947 J-J
CI A Man 1st gug5s... 1943 J -J
Rocta A Pitts lstg 6s. .1921 F-A 125*
J-D 124
A-O
A-O
J-D 108*
RAN
A-O 117
A-O
OBIFANWlstg5s.l921 A-O 112*
M AStL 1st gug7s.... 1927 J-D
1922
Consol 1st 9
Buff A Southwest. See Brie.
Buff A Susq lstgold5s..l913
1913
Registered
Bur C
1st 5s
1906
Con 1st & col trg 6s.... 1934
Registered
1934
1913
1918
J 'ly '00
ib's"'
Apr v97
* a * a a
129
124
127
100
109
114*
•••• •••••
129
134
J'ly'00
J'ne'00
131
124*
Nov'99
108*
117
115
105
Sale
See
BCBA
N.
Oen Branch C P lstg 48.1948
Central Ohio. See Bait A O
11
100
50 115
115
108k
117
May'00
Jan.'99
109*
108*
M-e 10S*
M-8
109
117*
115
tlllll aaaaa
109W
11
108*
t
Apr'00
104
J-D
67
88
90
OenRR A B of Ga— Col g 5s'37 U-N 90
Cent of Oa Ry— 1st g 6s. 1945 F-A* 110
Registered
1945 F-A1
91*
1945 U-N
Consol gold 5s
Registered
1945 M-N
105
100
104
108*
109*
104
lit pref income g 5s ..1945
2d pref Income g 6s ... 1 94 5
8d pref income g 5s ... 1 94 5
194<
letgSs
45*
12*
Oct.*
Oct.*
Oct.*
MANDlv
J -J
J -J
119
91*
97*
Sale
12*
1 94
5s.
g 5s. ... 1 946 J -.1
Oantof N J-lst cons 7s. 1902 M-N 107*....
122
133)4
198' l-J
General gold 5s
Registered
198 Q-Ji •131* 132)4
Convertible deb 9s. ...1908 M-N
Dock A Imp Co 5s. 192 J-J 11*4*
Mobile Dl v
1
.
.
st
Am
'.'.'.'.',
i
LeAHud Rgengng5s.'2C J-J
w BC5s
1912
M-N
Con ext guar 4*8...191(
Cent Pacitto See 8<- Pao Co
y-Mii
LehA
Charles
01*
102
105
A
ser
A
,,,,1908 A-01
1911 A-OI
193V U-N
Gold 9s
1st con g 5s
1939
Registered
1992
Gen gold 4*s
Registered
1992
Craig Valley lstg 5s.. 1940
DiT 1st con g 4el98v
198V
2doong4s
Warm8pr Val lstg 5s 1941
Kill Lex & BSgug 58.1002
Ohio A Alton sink fd 9s.. 190:Lou A Mo RIt 1st 7s . . 1 000
1900
2d7s.
Miss BIT B 1st if g 0S..1 91
Chlo Bar A Q—
Con 7s
1908
1901
Sinking fund 5s
Chic A Iowa Div 5s.. . 190;
192i
Denv Div 4s
Illinois Oiv g 8*s ...1949
Registered
1949
Iowa Dit stnk fd 5s . . 19 1 v
1919
4s
Nebraska Bxten 4s. . . .1927
1927
Registered
South western Dl v 4s. 1 92
1903
Convertible 5a
RAA
.
.
J'ly '00
J'ly 00
Dec '99
l
8.
J 'neW
P
10*5" ibe'
107* 111*
19 117* 125
13 110 122*
I
130
J'ly'00
130
112*
J'ly '00
118*115*
'"O
Apr'00
101*
inn
se
IK
*
119* J'ne'00
117* iai
117* J'ly '00
116*116* 116* 116*
1
130
10s
100* 101*
U-N
117
"9e*SaYe
VI-
J-J
105* 109%
J'ly'00
06*
98
100
U-8 100
U-8 103
U-N
F-A
"ii
May'Ou
09
100
J -J
9
J'ne'00
99*
U-8
J -J
115
....
01*
'Vo
1
02*
•02*
A-O 116
A-O 105*
I
5*
103
J'ly '00
105* J'ly'00
111
U-N 110*111* III
lll*J'ne'99
U-N
M-S*
108
103
29
Railways.
B7neuaeRap.Tr., 6a. 1946
union Trao (Chlo) Com.
Preferred
United Rys (St
Preferred
{
Bid.
Ask
90
99
90
0«*
14*
57
L Transit)
4s.
Dn'd TrABlea(Prov)-8t'k
West Chicago «i.,
MAN
Con i 5a 1930
Worcester (Maaa)Tr-Com
Preferred
15*
67H
8C* 21
06* 67*
85
109
103
86
ill
104
10S* '08*
80
105
. .
Mm
81
AD const 7s
2d gold 4*s
Cln D A 1 1st gu g
1905
1937
J-J H8*
J-J 119
J-J 118
J-D 118
J-D 119
117* Jan.'00
1
103
107
108*113
US
115
117
115
105* 108*
111* 117
100
113
A-O
M-8
U-8
.U-F
M-N 122*
107
116*
99*
u-e
F-A
M-N
J-J
J-J
NAW
CM
»)l»s
May'00
Mar'00
08*
1
Nov'88
May'00
115* May'00
117
100
J'ne'00
•
188
107
109*
117
116* 119
138
119
J'ne'00
117* Feb'0*
J'ly
^ t
108
104
s
Nov'99
127*
Dec '89
'39* Apr'00
1
189* 189*
J'ly'00
106
105
189
134
Nov'mm
29* J'ly '00
28* J'ly '00
106* 107
187
108 103*
Apr'00
May'00
88*
90
'"5
86*
9bj» May'00
....
....
140
J'ly'00
131
136*
May'00
May'00
136
140
130*
J'ly '00
133
140
137
•
9**
93*
10
Oot.'00
99*
103
120
114
• • • « »
118
118*
Oct. 99
t s
J'ne'09
Jan.'00
108
97*
103*
Oot.'97
Apr'00
96*
Sale
87*
94
28
MM
07
J'ne'WH
•
87*
J'ly '00
93
102
89
'.'.'.'.',
•«•••
Bale
115*
186*
a •
• a •
136*
10
88
74
82* 88
iiiiii
105*
• •
.
IM*«|
188* 187
• < a * •
8"*
87*
4-
84* 98*
34
84*
100
109*
J'ly'00
74*
74*
84*
74*
98
115* IIS*
185* 186
108* F«b V99
180
j
J'ne'00
l08*Jly'OO
109
j-j
F-A
106
.
86*
37* SO
98
MIMI
aaaaa ••••*•
• •••I tilin
aa •
128* J'iy'OO
',',',',',
a a a a •-*•
Nov'00
» • s
130*
106"
1
May'00
inn
135*
* a * a *
103
100* 104*
105* Apr'00
H2*
tntii
j'ij'00
••••••
83
104
91
••!»•»
190
113* 114
ttm
87
138*
Aug'99
114
»
"95"
85
aa*
aaaaa
iii»«
• 1
,
i«mi<.
13S*
118*
112
• a • •
114
132
140
93*
110
107
99
:
a t a a a
108
J-Jd
188*
108*
80* 86*
107'
May'00
100
«
•*•«••
24
140
r.\D
1
•
103* 108*
35* May'00
1
92* 94
A-O
J-J
•
112* Apr'00
112* Apr'00
111* Apr'00
.'<2*
133*
105
118
D
'
•
118* 133
00
119*Deo'98
•130*
J-J
M-N
*a««*
".',','.
110
135
•
110
108
»....
•••
107
88
J-D
U-N
J-J
A-O
«a
119*
113* 117
105* Mar 0v
107* J'ly'00
105
Deo "00
107
96
A-O
A-O
A-O
J'ne'00
103
118
99
£1
H
Feb On
110
107
Bale
99
85
1990
Inoome4s.
CI Lor A Wb oon lat 6s 193.
Pa
BR.
See
Clev A Marietta.
Clev A Mahon Val g 5a.. 1938 j -j
1938 yu-j
Registered
Ry.
lolum A Greenv. Bee Bo By.
Val.
Val. See Hook
Col A
lol Conn A Term. Bee
Conn A Paa Blvs 1st g 4a. '43
A8tr.
OakAGtSo. See
May 00
22
'41* J'ly'00
08* j'ly "00
106* J'ly '00
131
131
189
128
107
1
jolA9thAv. 8m M et St
120
05
113
lib'
j.
Apr'00
121* J'ne'00
119* J'ly'00
120 May'00
137
J -J
J -J
J -J
J -J
J -J
J'ly'00
J'ly'00
HI* Feb '00
135*
121*
139*
U-N
F-A
l-J
s
110*ll«i
103* Feb '00
103
102
113
118
113
180*
123
37* J'ne'00
100
up*
F-A
J-J
.
O Ind AW latpf 5s.. .1038
Peo A Baat lat oon 4a. 1940
118
188
17
1
May'00
138
J'ly'00
J'ly'00
08
130
79*
71* 80
88
85
87
A-O
A Waoo. 8eeMEAT
tBonds due July. tDueNov. iDueJune. IDueJan. IDueMay. aOpUoaaale*. ODueAug. eDue April. dDuaOoa.
(»hs 8ecurltl«a.
Bid
Auk
(.in.
NEW
Wecurltlea.
Ask.
Bid.
Baat River Gaa—
JAJ 1111
lat 5a 1944
JAJ 105
Conaol 5a 1945
108
Nor Dn lat 5a 1937..
118
107
104
140
180
140
118
•J
Y A
Deb
5s 1908.
quit Gaa—
Con. 6s 1938
MAN
90
92
MAS
«118
800
110
810
lat 5a
Mutual Gas
Amsterdam Gas—
latoonaol5a
i*ref erred
.....
»105fc 100
Y.8tk. Kxch
N V Bleo Lt Ht A Pow—
Gold 6s— Bee N. V. Btk. Bxoh. List
1930
OTHER
MAN
1116
t
Bait. Lis
1*
Boston DnitedGas Bonds- Bost
Buffalo City Gas— Stook.
1st 5s Bonds
lat 5a
4
•
04
i
1*
nLi»
«*
05
J*'
19be
O msol Gaa
CITIES.
Baltimore Consolidate— Be
Bay State Gas—
atk
Bid.
Was *«ourtilr>».
Chicago Gas— tie* M V dto ok Hz
Hnolnnatl Ga* A Coke
199H 300
50
iol Gas L A Heat—Com.
44
Preferred
70
78*
lat 5a 1933
JAJ ;102* 106
23
80
maoltd Gaa (N J)—Stck
•
YORK.
MAN
Gas— 1st 5a $108 108
Oon Gaa (NYJ— 8took-N YStk Bxoh Standard Gaa—Common. 130
Cent Union
N.
'",'.'.
U-J<
1980 M-N
Registered
Spr A Col Div 1st g 4a 1 940 M-8
Val Div lstg 4s. 1940 J-J
C 1 St L A C oons 0a.. 102 M-N
1936 u-F<
lstg 4s
Registered
1939
Cln 8 A CI eon lstg 58.1938 Sfj
j
consol
1
7s
...10
C
CC A
J-D
1914 J- L.
Consols f 7a
Gen consol gold 0a. . 1 93 J -J
1934 I -J
Reglatered
C*81st MCOOAI7S.10O1
118* 118*
114* Apr'00
137* J'ly '00
119
98*
8tLDIvlstcoltrg4s 1990 M-N 108*
WW
130
1
140
U-N
117*117H
J'ly'00
J'ly'00
120
117
123
?-D
I-D •108*
F-A •109*
F-A
M-N '109*
Q-N
A-O
A-O
A-O
A-O
M-N 109
M-N
A-O •iVo*
A-O
J -J
ClnWAMDivlstg4s.l991 J-J
196
13 112*
109 118
t
....
....
....
....
....
109*
Cairo Div 1st gold 4s. 1939
Clev A Pitta. Btt Psnn Co.
Col Mldl'd— lat g3-4a... 1947
latg 4s. ...... .........1947
•••• ••••••
1939
Col A Sou lstg 4s
183*138
10
117
.1941 [U-N
5s..
108* 169
172*179"
'
100*
(Given at foot of 7 consecutive pagbs).— GAS 8BCURTTIE8, 6*
OUTSIDE 8ECURITIE8
•o Bide Bl (Chlo)— Stock.
17"
116*
108 " 103"
120* 138
108* 113
119 133
118 118
Jan. 00
J'ly '00
1
latest bid andaaked this week.
103!*
104»4
104*
100* 102*
100* 105*
"
-J
-J
. . .
99*
Of* 113*
101
,
1
Registered
Extension 4s.... 1 886-1 92«
Registered ....1886-1826
Gen Gold 3*s
1887
Registered
1887
Sinking fund 6s 1879-1920
Registered
.1879-1 929
Sinking fund 5s.. 1879-1 929
Registered
.1879-1929
25-year debenture 5s. .1909
Registered
1908
80-year debenture 5s.. 1821
1821
Registered
Sinking fund deb 5s ... 1 933
Registered
1933
Des Mo A Minn 1st 7s. 1907
Escan A L Sup 1st 9s.. 1801
IowaMldland 1st 8s.. .1900
MllAMad 1st 9s
1905
North Illinois 1st 5s.. .1910
Ott C F A 8t P 1st 5s .1900
Winona A 8t Pet 2d7sl907
M11LSAW lstg 6s... 1921
Ext A Imp s f g 5s. 1929
Mich Div 1st gold 6s 192 4
Ashland Div lstg 6s 1925
Convertible deb 5s. .1907
Incomes
1911
Chic Rock Isl A Pao— 6s. 1 91
Registered
1917
General gold 4s
1988
Registered
1988
Des M A Ft D 1st 4s.. .1905
1st 2*s
1905
Extension 4s
1905
KeokADesM 1st 5s. .1923
Small
1923
Chlo A 8t L S«>f Atch T A S Ft
Chic St LA NO. See 111 Cent.
Chlo St LA Pitts. See Pa Co.
Chic St P M A O oon 0s. .1 930
1st 0s.. 191
Ch St PA
Nor Wisconsin 1st 0s.. 1930
St P A 8 City 1st g 0s. .1918
Chlo Ter Transfer g 4s.. 1947
Ch A West 1 lstsf g0s.. 1919
1932
General gold 0s.
Chlo A West Mich Ry 5s. 1921
Coupons off.
1921
Choc Okla A G gen g 5s. 1 9 1
106
105
J-J 109* .... 110 J'ly '00
A-O 102*103 102*
-, J'ne'00
F-A 102
104*
1* Apr'00
F-A 100 .... 102* J'ne'00
I
101
100* 108
100*
101* 102&
i0r* J'ly '00
102* J'ne'O
106* Feb '99
,
•Moprtea Friday
1913
ChioA N 'west—Con 7s.. 1915
Gold 7s
1902
117*
93
103
103
M-N
A-O
i
Sale
I.
Low High
105* Feb 'km
115*119* CIStLAC. SeeCCCAStL.
115* 121* Cln SAC. See C C C A St L.
Clearfield A Mah. SeeBRAP.
117
117
95* 100* ClAkACeqA3dg8s...l930 F-A
43
90
C C C A St L—
1993 J-D
Geng 4s
100 100
J'ly '00
Apr '89
1913
5s.
5s. .1921
1st consoles
ClnH
M-8 126* .... 125*
U-N 110
110
....
138
182
Han A 8t Jos oon 9s.. .1911 U-8 131
OhlcA H 111. lstsf our 9s. 1907 J-D 113*114 114 J'ly'00
1907 J-D
Small
lstoongOs
1934 A-O 183 137* 134 J'ne'00
115
M-N 116 115* 115
1st
1937
oon
Ss.
Gen
116 May'00
115
1937 M-N
Registered
109 J'ly'00
Ohio A Ind C By 1 st 5s 1 939 J -J •106
Chicago A Brie. See Brie.
113
118*
J'ly'00
J-J
Oh In A Louis— Refg9s.l047
101
J'ly '00
947 J-J 103
Refunding g 5s
LoulsvN A A Ch 1st 9s. '10 J-J 118 115 118* J'lv'00
Debenture
tre>e>l
82* "43*
102
May'00
107* May'00
28* 123M
181* 121*
100*
Sale
88* 90
60
91%
Oct.'90
Sav 1st g 7s.. .1936 j -j
Ones A Ohio—
G6s
i
118* 120
45*
95
97
92*
91
J'ly'00
J'ne'00
44
Sale
,5
87* 90*
88
92*
•
Hid Oa A Atl Div
Wis A Minn Dlvg
MUANolstM L 6s. ..1910
.
109*
-J
113*
Carb A Shawn. See 111 Cen.
Car Cent. See 8eab 1 Roan.
Carthage A Ad. SeeNYCAH
R la F A N.
80 Minn Div 6s.... 1810
8outhwest Div 6s..l 800
. . .
Buff N
2d5s
HO*
J-J 10b*
1910
190'.
M
Registered
1st
1st
86* 91*
86" *9l"
8?* 190
86*
86*
97* 102*
ion* 173
loo
NTC4H
1st 5s...i90(- J
J-J
J-J 165*
J-J Hi*
.
5s.
tine*
Jan.
190* J'ly'00
172* Apr'00
170* J'ne'00
187* 197*
112* Ujjh
195*
•i65*
•165*
lstIADExten7s
1908 J-J
1st La Crosse A D 5s.. 1918 J-J
Mineral Point Div 5s.. 1810 I-J
92* 97*
188
94*
94*
Samft
is
Ask. Low. Sigh. No.
,
See Illinois Cent..
K AT
Boonev Bridge. See
BwayA7thAv. See Met 8 Ry
Bklyn A Montauk. See L Isl.
Canada South
Last Sale.
3.
,
.
.
A Car.
Avg.
,
103
lxii
Week
1980 J-JJ
Registered
[yoc.
Range or
ChloALSu Divg 5S..1921 J-J 117
Chic A Mo Riv Dl v 5s 1 926 J-J 119
ChlcAPacDlv9s
1910 J -J 117
Chic APW lstg 5s... 1921 J -J 118
Dak A Gt So g 5s
1916 J -J 113
Far A Sou assu g 9s.. 1924 J -J 112
1st Hast A D Div 7s.. .1910 J -J 123*,
•»••§ •!•••
Atlan A Danv See South Ry
Atlan A Tad. See South Ry
Austin 4 NW. See. SoPao.
Creek A 8. See Mich Cen .
Bat
94* Sale
alt & O prior 1 g 3*s.l925 J-J
J
1925 J
Registered
A-Ot
ibo"
Sale
1948
Sold 4s
1948 A-Ot
Registered
80* Bale
Boutbw Div lstg 31*8.1925 J -J
Registered
1925 J -J
PJunAMDiv lstg 3*sl935 M-N "so" "86k
-Ft
Registered
MononRiv Istgug5s.l91fe
Cen Ohio R 1st o g 4*s 1 930 M-S
1990 A-O
WVaAPlstg4s
Bel
1.
Price
Friday,
Bid.
4s series A.. .1989 J-Jl
Registered
1989 Q-JI
Gen gold 3* s series B. 1 989 J -J!
.
Beech Creek. See
Pag.
(5 pages)
Range
Wcek't
Price
Friday,
PRICES
*
.
(
Ptttai. ...
Pref
Bonds 5s
'wmni Gas
80*
too'
.
(J
City)— 8U
IstOs
And
60
60
Interest
MAN
tPrire
108
1104
>er
88
• a
aa
118
00
100
sb are.
31
August
w
THE CHRONICLE -BOND
4, 1900.]
Price
Friday,
BONDS.
N.T. STOCK EXCHANGE
Week Ehdiko Aug. 3.
Del LMk * WMtero 7e..l907 M-S
Morris A Buai lit 7l 1914 [TIN
1871 -JS?i A-O
7|
litoon guar 7i......l»i5 J-D
191? J-D
BegUtered
NYLaokAW lit 8I..1931 J -J
Aug.
Wcek't
Range
Range or
tince
Latt
3.
Jan.
Sale.
Bid. Atk.
•184
138 140
10 *106*
109
Low. High.
T
128J4 Apr 00
I869i
J'ly'00
,
F-A
M-N
TermAlmpt 4i
120*
A-O
71.1906
Syr Bins * NT lit
1900 A-O
Warren 3d 7i
Del AH— tit Pa DIy 71.1917 M-8 •iVs"*
M-S
Begiitared
wJSil A-O 119
Alb*Saslst0ongu7sl906
117
1906
A-O
RegUtered
1906 A-O 118*
Guar gold 6l
1906 A-O 118*
Registered
1921 M-N 148
Rem A Bar lit7i
1921 M-N
Registered
Del Ri v BR Bga. 8m Pa BB.
Den * BOr lit gold 7i. .1900 M-N
140
136
J'ne'00
Oou'9*
May'00
Mar'OO
Feb '00
Aug'98
146* May'00
143 May'97
118 J'ne'00
122 J'ne'99
1933
118*
118
148*
148*
Gold
148
J'ne'00
J'ne'00
J'ly'00
.
J'ly '00
102* 104*
96* 99*
107 107*
101* 106
97*
97*
107* J'ne'00
J'ne'00
101%
.
J-D
Det AMaok
1995 J-D
Gold 4l
Dnl A Iron Range litSi.1937 A-O
1937 A-O
Riglitered
1
92
83
it lien g 4 1.1995
1916 J -J
3d6i
Dul Bed
A 8 lit g Si 1928 J -J
Dnl So Shore AAtg 5i 1 937 J -J
East of Minn. SuBtPMAM.
aitTVaAGa. 8m. So Ry.
Hlgln JolAB 1st g 5s... 1941 M-N
W
•••»
.
Lex A B 8. JSmOAO.
Him Oort A No. Ste Leh AN Y.
1947
Brie lit extg4i
2daztgold 5i... ...... .1919
1923
Sdaztgold 4*s
111
1920
1928
Sthextgold 4i
1st oomol gold 7I.....1920
lit oomol gold fd 7s. -1920
Brie lit oon g 4i pr bdi 1996
ResrUtered
oon genllen g
lit
it.
.
J
1996 J
..1996 J
1996 J
-J
-J
-J
-J
8S
J-D
Mid BBofNJlitgOi.. 1910
J-J
M-N
A-O
A-O
M-N
J-J
M-N
M-N
A-O
W
N Y S A W— lit ref
1937
1940
general g Si..
Terminal lit g Si.,.. 1943
Regis $5,000 each . 1 943
WllkABailst go « Si 1 942
A
Brie
Pitts.
See
RscanAL8up.
,
,
130
131
,
J-J
•
'l
a.
i
t • * l
••••is
140
Feb '99
118
106
Deo '9»
no*
••••••
139
86* J'ne'00
116
106
118
•••••
•••••
Oot.'98
109
109*
98*
*
..
97*
• • • I
•108
9f»
•
J-D 104
I • •
••
a
104* 104
••
F-A 60
1921 J-J 188
By * T H lit oon 6i
1st general gold Si. ...1942 A-O 107*
1923 A-O 102
Mt Vernon lit 6i
96
Sail Co Br' oh Iitg5e..l930 A-O
1933
By AIndlit oon gu g 6|. .1926
Fargo A Bo. SuChMAStP.
Flint A Pore M g 6i. ...1920
let oomol gold 5I....19S9
Pt Huron DIy lit g 5s. 1939
Fla Can A Pen lit g Si .1918
lit land gr ext gold 5s. 1980
J-J
A-O
M-N
A-O
Ft 8 A V B Bga. 8m StLASF.
Fort St U D Co lit g 4*sl 94 J -J
Ft
A D O— lit g 4-6i 1921 J-D
Ft
A Bio Or lit g 3-4i. 1 938 J -J
Gal Bar ASA. 8m S P Co.
W
W
HAH of '82 lit 5a.l91 A-O
120
Sale
'102
111
99*
97*
98
92
95*
108* 113
IIMII
104
104
•128
..
•104*..
107%
*•••••
••••*•
••••••
«•••••
109
•1
•
•
133*
109*
J'ly'00
107* May'00
101 Mar'99
•Ml
05
••*•••
• ••• • •
•
•••
Sale
88
68
103
....;
103*
10-vi
«...
•••«
•••§.
...... •><(
74*
103
104*
Deo 9«
Feb '00
99*
Jan-'OO
•
I
•••
...
• •
89
•
60
.
.....
89
99* 99*
Hock Val
lit
BegUtered
Col
Houit B A
W T lit g Sa.1933
Horn A Tax Can. 8m Bo P Co.
lit gold Si sterling.... 1961
Registered
1951
1952
Coll Trust gold 4s
Registered
1952
L N O A Tax gold 4i 1953
Begiitared.... ...... 1953
Cairo Bridge gold 4i 1950
Registered
1950
LoulSYUle D1t g 8*s 1953
Registered
1953
Middle DlYreg Si
1921
1951
8t Loull DIy g Si
Registered
1951
•
No price Friday; these
10096
04
104*
J'ne'On
J'ly *00
115
116
J'ne'00
114*
113* Mar'OO
US*
105
103*Apr.'98
104* 106
A-O 104*
M-N 104
Pilnols Central1951 J -J
lit gold 4i
Registered
1951 J-J
1951 J-J
lit gold 8*1....
Registered ..........1951 J -J
106
M-N
M-N
I
106
Bale
M-8
M-8 •••••a
A-O 101
A-O 100
Detroit
uu-au
m ? Bxc
a.
102
10134
6sgl949
lit
811908
Gas—
MAN
MAN
DadianapoUs Gas— Stock
-J
90*
lit
611980
100
105
J'ly'00
Jan.' 9
•
98
101*
Jan/Oo
101
98
104
98
101*
J'ly '00
100
108*
138
May'99
••••• •••••
90*
9C*
60
4
General gold 4i
Louisville
180*
119*
87* J'ly'00
5o* May'00
113
J'ly '00
73
J'ly'00
73
m«
11?* i!o
lis"
ibo"
"93"
M-8
J-D
g4i
BegUtered
1907
B H A Nam litg 6a.. .1919
LOtnALexg 4*
1931
NaihADeolit7i
1900
98*
•••••• ••••••
••••••
91* 98*
J'ly'00
•
106'
Hi*
112
•••
181* J'ly'00
•••
9«*
99*
106"
7
J'ne'00
11.6
is*
120
•
Ve" iba""
97* 105
WIS
99* 103* May'00
94>,
94* J'ly'00
I
108
105
Sale
110
....
109
118
116
110
10
110
May'00
ire
106
«• ••••••
• •• •
'
1980
Sink fd (BAN A) g 61. .1910
Bentuoky Cent g 4i. 1987
LANAMAMlitg 4*1.1946
..1937
...... ••••••
May'00
105
108
63
J'ly '00
J'ly '00
61
71
8
J'ly
4*
00
116
7
39
106* 109*
96* 100
•••»<•
111*114*
103*103
187^ 1»9
SmOIAL.
MahonCoal. Set L SAMS.
anbattan By con 4s. 1990 A-O
101
A-O
J-J 114*
J-D
1990
g 6a. . .1908
WOolonugSi. 1934
KeK'pt A B V. SmP MCKAY
titropolltan Bl. 8m Man By.
8
con Income g8i...l939
Id oon lnoome g 81 . , , . 1939
quip A eoU g Si
1917
4ox Internat 1st oon g 4i.'77
lex Nat lit gold 61
1937
1st
!*?%
A-O
M-8
J-D
J-D
J-D
1910
4loh Cent. Sm N Y Cent.
Aid Of N J. SMBrle.
Apr'OO
'
117
liS*
iiS
107
111
Deo '99
110
J'ly '00
96*
107*
109*
95*
tS
107* 107*
Jan.'OO
J'ly'00
109
101* 101
101*
114* 114*
i'l4*
78
,
!••••<
21
45
J'ly '00
H
36*
1S&
J'ly'00
ere*-
••••••
86*
108* Apr '0C
46
86
itmpd.1917 M-g|
id lnoome gold 61 B..1917 An.!
lex North lit gold 6i..l910
117
HO*
96* O0U'99
78*
36*
J'lyl
J'lyl
J'ly'00
Feb.'00
133
88
110
189
107*118*
96* 101*
109* Noy'9m
110* J'ly '00
97
no
105
Jan.'99
137
117
66
•••4
107
too
118
M-S
F-A 109*
M-8 124
M-8 60
F-A 107
A-O 108
J-J 98*
M-8 109
F-A 109
M-e * 94
hum
l01*Sep.'99
•
BAN AeongugSi.... 1986
BegUtered
109*
108* Noy'99
6*
J -J
J -J
»nsAAtllstgug6s.l921
BtLdlYlltgei.
1991
ACp
'.'.'.'.',
•»••*
106^110*
J'ly'00
Oct.'99
,
lit g 6r .....1980
Id gold 6i
,...1980
Peniaoola <Uy gold 6i. 19S0
l it
.....
,
Ceeel Br 7i
BegUtered
112*
Aug'98
111
111
M-N Hi*
98*
J-J 98* Sale 98*
J-J
M-N 108
109& J'ly'00
99
A-O 9iH
99
109
N0T*97
M-e 102
113*
J-D 118*113
M-N 112 •••••' >03 Jan.'98
•• !••»' 108 May'00
J-J
Coll trust g6i
1931
Col tr 5-20 g 4i ....1908-18
8dg8
116*138
108*119
110* 118*
U5
113
94
106
1980
1937
1940
1940
Unified
tdlno6i
79
68
120*
'..!!!
107*
1948
General gold 61
Sold 61
watropol Bl
•••••• •if!*
108* tea* J'ly'00
108* NOV'99
106
?3*
ANashYUle—
100
71
9
103
100
81
Apr'OO
18*
J'ly'00
May'00
105
31
I • • •
•
•••
99
106
118
117
70
81
8*
?S*
84*
108
81
88
108.
81
17
13
105
..
ionc
4LSAW. SMUhloANW
A Mad. 8m Ohio A N W
"i*North. SMOhMAStP
93* MUAStP.
Aik
40
48
66
108
61
40
65
90
thU week,
t
Bond! due August.
SMChMABtP
*
Due
April.
I
Due January.
1
Due
October.
(Given at foot of 7 consecutive pages).— GAS, TEL.
littm Hernrlttea.
100
Kansas City Gaa
AAO
5s 1933
Laclede Gaa— N
Lafayette (bad)
ilt 6i 1934
Y
Bid
I
Ask L
40
99* 101
Stock Bxoi.
Gu-
<ia« Hecn rltles.
Bid. Aik
"hto* indCtnNatADl88
83
OhloAInd— 1st 6s '26 JAD
88* f3*
Peoples Gas 4 Coke— N Y 8 too* BXOD
MAN
61
08
Philadelphia Co— Set Bos ton L
ProYldenoe Gaa.
50 t 94*
St Joseph (Mo)
80
JAD
Madison (WU) Gaa—Stok
60
70
68
75
5s 1937
8: Paul Gas— Stock
'105
1189
66
. . 1 00
107
Loganipt A Wab Val—
lit
611925
lit 6s
1936
AAO
Newark Gaa 6i 1914
Newark Conaol Gaa
JAD I-.08 103*
100* 101* New Bng Gaa A O—BmBo tonL 1st.
87
70
100
117
110
106
Mex Cent oon gold 4i... 1911 J-J
104*
101*
•••«•«
106* 110*
•100
99
108
98
116
103
101
•
104*105
104*
May'00
ISO*
120
114
•••••
••
Sep.'99
104*
Man
.....
100
...
101* 109*
61
88
66
O
108
105
113*
186*
411
119
us
siex A Hudson Gaa
Fort Wayne (Did)
88
Iit6i 1995
J4.1
60
Grand Ray ids— 8tock
100
1st 5s 1915
FAA 1118
Hartford (Ctl Gaa L... 95 + 48
Hudson Co Gas
86
Indiana Nat 4111
105
are Uteit bid and asked
BIQ
A
103
100
107
OUT8IDE SECURITIES
8>i 8eem ii ie»
31
•••••*
•101
J-D
J-D
J-J
J-J
F-A
J-J
98* 108*
10C* 100
100
Sale
87
50
M-8
......1945
Gold guar 5i. ,,,.,,., 1914
Leh A Ht d R. See Cen of N J.
Leh A Wllknb. 8m Cent NJ.
Leroy A Oaney Vai. 8m Mo P.
Lex Ay A PF. 8m Met St By.
Long Dock. 8m Brie.
Long island—
litoong Si
1931
litoong 4i
1931
General gold 4i
1988
Ferry lit gold 4*
1922
Gold 4i
1982
,
Unified g 4i
1949
Debenture gold 5a... ..1934
Bklyn A Mon lit g Bl. 1911
1st 5s
1911
NYABBlltgS
1927
LNAAa
oon g 4*s.l999 J-J
1999 I-J
NY Cent.
L A JeffBgeOo gug4i.l945
SeeStLSW
AH V lit ext g 41.1948
Set
NFlaASlitgugSi
A St J. 8I.0BAQ
Han
ousatonlo. 8m NYNHAH.
104
J-J ne*
'20*
J-J 115 .... 115
A-O 110*113* 112*
M-N •102
104
. .
VGA
Gray'iPt Term
W
NO AM
70
55
6
06
89
110
.....
Mar '98
71* "lO
58
71*
104
*••••• •••••
•••••• ••••••
190
102
105
1
9794
•••
*••
123* J'ne'00
73
lit pf g 51.1945 A-O •106
1945 J-JH • 06
lit oomol g Si
Ga Car A No lit go g Si.1929 J -J •101
Georgia Pacific Set So By.
Gila
Nor. Set So Pao Co
Grand Bap A Ind. Set Pa Co.
•
•
110
108
71
Ga A Ala By
4 130
14 103
100
•••I
ill*
106
•««
195
••••at ••••*«
ShORI a P.
NYBAMBoong5i..l936
Nor Bhb lit con g gu6i..'S3
La A Mo BIT. 8m Obi A Alt
•••••
125* L B A St L Oon en g 5i Tr oerti
J'ly'00
105
108
Not'97
180
<06*
105
l-J •104
J -J 100
1943 J -J • 98
ConsolgoldSs
66
1
•
ne* 120
Pa Co.
8i.
• • • • •
M
Apr'uo
113
130^
BlCANlstglitpf8a.l914 A-O no'
• •
«••*•
••••• ••••
119*131
Dec'99
Feb '00
108
Reglitered
117*
114
135
108
107
••••a •••«•
136* 139*
MMII
196* May'00
104*
67" "75*
18 114
l'l9" J'ne'00
109* J'ly'00
99* J'ne'00
106
118
lit g5i.l937
2d gold Si.
1941
North Ohio lit gu Si. .1945
<
115
105
133
•118"
F-A
F-A
M-N
M-N
69* "s
69*
<•••••
111
191
Voy'98
102
•
116* 118
106* Apr'»»
ISt* J'ly'00
<43
Deo 'w»
88
88
93* May'9H
•••
•
106* Ang'99
100
Leh Val (Pa) oollg 5I..1997
BegUtered 6i
1 997 M-N
119*119*
US* 116% Leh V N V lit gug4*a.. 1940 J-J
Begiitared
1940 J-J
133* 123*
Leh V Tor By litgu g 5H941 A-O
187" H2'
RegUtered
1941 A-O
L V Coal Co lit gug 5s.. 1933 J-J
RegUtered
30
..1933 J -J
37* 93
Leh A N Y lit gu g 4i. ..1945 M-8
117% J'ly'00
119* Jan.'00
116* J'ne'00
128* Mar 00
SmCANW,
Bureka Springs lit g
al
....
Bale
51.1987 J -J
2dgold4*i
,
"68* "69*
RegUtered
Buff N Y A Hrte lit 71.1916
gold 6I....1908
Buff AS
Small
1908
Chic A Brie lit g Si... 1982
Jeff BB lit go gold Si. 1909
Long Dock oon gold 6i. 1 936
Coal A RR lit o go 81.1922
Dock A Imp lit our6s.l918
N T A Green Lgug Si. 1948
1946
Small
118*
122*
117*
139*
109*
138*
J'ly V0*6
99* 108*
O0t.'99
|>alAAGB. SmLSAMB.
L8AM8.
M-N
M-8
M-e
A-O
J-D
M-8
M-8
113*
Lew. High
• •
ioT
8m LAN.
KnoxYllle A Ohio. 8m So By.
107*118
109* J'ly'00
Dae '99
9f>
99
W
LakeiBrleA
108
J'ly '00
95
121
Sale
100
125
a Great Nor—
114* Kaok A Dai M.
110
J'ne'00
101*
101*
I.
•••••«
1st gold 6i
1919
2d gold 5s.
1909
8d gold 4a.
1921
Iowa Central litgoldSe.1938
Iowa Midland. Sm Cta A N
Jefferaon BB. St* Brio.
Bentuoky Cant.
92* Fab.'9fl
114*
Bill
4th ext gold Si
Int
line*
Jan.
Atk. Low. High.
131
Van A Mloh. St* Tol A O C.
76* 82* K C A MBAB lit gugSi.1929 A-O
KC PAG trots lit g 61
A-O
107 110
Kan O A Pao. 8m M K A T
Kama! Mid. Bt* BtL AS B
:i»«*
114
.
Latt Male.
3.
...... .....
83
109
109
Aug.
Range
Wcek't
HI*
108* 109*
J'ne'00
Range or
101*108
108* May'00
96
•107
8*
W
I
DetMATol. fle#LSAM8o.
(Con)
1951
1951
St. L. Dly.
225
2.
Price
Friday,
Bid.
Can.
111
LAN
1049* Apr'OO
1936 J. J
97* Bale
litoong 4s
1936 J -J 106
lit oon g 4*i
100
J-D
5i.l928
Improvement gold
R A P.
Dei 11 * Ft D. 8e«
Dei M A Minn. S«»Ch*N W.
Dei M Un By lit g 5i. 1917 M-N 106
Page
(5 pages)
Reglitered
Spring DlT lit g 8*1.1951
1951
Reglitered
• •
••
••••••
133 137*
Weitern Line lit g 4i. 1 95
116 120
1951
BegUtered
105 108
BelleT A Oar lit 6i. . . . 1933
122 122
CarbASlltg 4i
1982
Ohio St
Og5i..l951
Registered
1951
146*148
Gold 3*
1951
118" 120*
BegUtered
1951
Mem DIy lit g4i... .1951
Reglitered.
1951
119*115
Bt L Son lit gu g 4i. . . 1931
112* 113
148S<
Ind Deo A
147*
lit g 5l. ...1936
lit guar g 6i
1936
148* 148*
Ind 111 A la lit refg 6i. .1948
119
106
182
108
Construction 6I.....1933
1.
104* 107*
188 141*
J'ne'00
m* 133
140
FRIGES
.
BOND8.
N.T. STOCK EXCHANGE
Week Ending ado. 3,
Low. High
193 12S*
105* JMy 00
138
1.
.
6a 1948
Oomol
JAJ
(
6i 1944 ....MAS
i
Syraome Gas—Stock. ..
lit 5i 1946
JAJ
Weitern Gaa (Mllw)
» s-Sm
N Y Bt Bx
Hit.
93
48
79*
10
87
99
lit.
40
95
51
81
14
90
T4
I
Due July, a Optional
A TELEPH., dc
am Aik.
Teleg. oV Teleph.
l'alea. dk iticru
Anerloan Diet Tele— NY 8toc>
118* .. .. %
Bell Teleph, of Buffalo.
106
Central A South Amer. .. 10X
86
C tea A Poto Teleph— Stk ei
•••••>
JAJ 104
5i 1909-89
.
•
O
mmeroial Cable
O 'mmer Union Tel (NT).
B
i
plre
A Bay
State Tel
186
no
75
170
115
•••••*
ne Teleg A Telep— See 8 tekBx List
48
48.
•
Ffanklin
{And interest. tPrioe par so a e.1
5
.
.
THE CHRONICLE -BOND
226
BONDS.
W.Y. STOCK EXCHANGE
I
Week Ending Aug. 3.
M ut 4 8t L— lit g 7l 1927 J-D
Iowa ex lit gold 7i. ..1909 J-D
Sooth Weit ex lstg 7s. '10 J-D
Pacific ex lit gold 8i 1931 A-0
as
^
. .
.
Week's
Range
Range or
since
Last Sale.
Jnn.1.
Price
2T
Friday,
Aug.
a.
117
126
119
127
188
138
May'00
v
1920 M-t*
1917 M-S1
1917 \1-S192C F-A
1920 F-A
oon g 6s
5f
Registered
116*1169,
97
*YNH4Hart
97
Regis 95,000 only... 199;
NY4RB.
NY84W.
93*
92* 98*
88
1
76
83
102
118
106
J'ly '00
Small
-J
1945
194S
Small
Mob 4 Ohio new gold
6s.. '27
1st extension gold 6s. 1927
j-j
J-D
»
1938
MontgomDlv lstg 5s. 1947 F-A
St L 4 Cairo gu g 4s .1931 J -.1
General gold 4s
• •
i-j
105*
110
110*
110
1
10
J'ne'00
79)4
79*
79*
110*
J'ly '00
Registered
20 180
188*
2
1901
-J
J-J
126
1
1928 A-C
1917 J-J
lst6sT4Pb
4 Al. 1917 J -,
1st 6s MoM M
1st gold 6s Jasper Boh.1923 J -.'
Nash Flor 4 Shef Sm L 4 N
W
128*
100*
106*
104*
•
•
•
•••
Deo'99
linn mill
••
109
• • • •
J'ly '00
J'ne'00
niiti 111
•sees
1
J'ne'00
iiiiii
Deo'99
113
.
J Juno RE.
See
New401nBdge. SMPennO^
Registered.
Registered ... .1884-1904
5s of . . . 1889-1904
Debenture g4s.. 1890-1905
1890-1905
Registered
Debt oerts ext g 4s. ...1905
1905
Registered
Lake Shore ool g 3*s.l998
1998
Registered
Mloh Cent ooU g 8*s..l998
Registered
1998
Beeoh Ore. 1st gu g 4s. 1936
Registered
1936
1936
2d gu gold 5s
1936
Registered
Cart 4 Ad 1st gu g 4s. 1981
Clearfield Bltum Coal Oorp
May'00
108* J'ly '00
109* 109* J'ly '00
113* Apr'99
108
Registered
.
.
Registered
Consol2d7s
Registered
Gold 3*s..
Registered
J-D
M-N
M-N
F-A
F-A
F-A
F-A
J-J
J-J
J-J
J-J
'
97
'
86*
108
Mloh Oent— 1st oon 7sl902
1902
1st oon 5s
6s
1909
5s.
1931
1931
Registered
Registered
lstg 5s. .1927
NT* North
R W 4 Or oon lstext 5s.'22
• I I I • I
101*103*
101
60
til*
4
98
95
98
95* 98
••I
109*
10S*
96* "99
94
3 108
J'ly '00
97
110*
J'ne'98
CI
mill
96
Jly
107*
107*
105
108
iiiiii
* Sale 111* 111*
111 HI* Ul% H *
108* J'ne'Oo
J-J
J-J
M-N 107
M-N 108*
M-S 130*
M-8
106* 107*
108
M
A-O
;
i
Intematton Ocean
Mexloan TelegTaph
Mixlean Telephone— See
New Bng Telep— Sm
Bost
Northwestern Telegraph
J Telephone...
...M4N
Is 1920
NY4N
Atlantlo
Providence Telephone.
Southern 4 Atlantlo.
. .
Bid.
116
90
116
116
315
Bosto
oo list
132
160
109
75
95
96
1
101* May'00
•
11
•
J'ly '00 lilt
J'ly "00
110
110
no* Mar'00
108* Deo '97
U8* J'ne'00
103
J'ly '00
131
128
127
121
May'00
Deo'99
106
108
Jan.'00
Jan.'9H
•••••I
i'9'5"
138
110
129
180
J'ne'00
18i*
J'ne'00
Aug'«>-
101
Feb'9"
101
J'ly *00
108*
"3*
65
,
133
88* 93
117
Sale
91
latest bid
Ask.
117
183
186
118
107
Aug'98
OS
and asked
to
95
75
J-J
1932
1900
May'00
week,
t
mist.
Consol Electric Storage.
Bddy Bleotiio Mig Co.. 26
Bdlson Bl 111 Oo NY— N Y
Bdlson Bl III Co Brk— N Y
Bdlson Ore Milling Oo...
Blectro-Pneumatlo Trans
Wayne
Series A
Bleo. Co.. 8
,
69
68
65
b7
68*
131* 188*
88* 88*
117
117
130
J'ly '00
109
95
60
110
95
97
Feb '00
Apr'00
117*
104* 110
14
101
103
...... ......
Ill* 116*
111*111*
••Ml
..••«•
181
131
103
108*
103* Mar'00
117* Feb '00
117*1178
101* May'00
101* 101*
119
»101*
101*
•••Ill •••••
•••••I •••••
•••lie ••••!«
101
101
116* 116*
116* J'ne'00
114
117
113
109
.....a ••••••
Apr'00
101
109* Apr '97
116*
lie*
99
101
*
113*117
Not'98
Apr'00
106* 109
100 101*
135 189*
101* J'ly '00
139* May'00
186
181
108
May'87
111
111
186
181
186
134
108
109
111
117
117
100
99
101
I I • I
III
88
Mar'00
J'ly'00
112* Mar'00
4s.
.1936
J-J
103
Not'97
117
May'00
May'00
100* Apr'00
101
33
130
Jan-'OO
98
J'ne'00
187
NOT'97
*
Due July.
165
170
41
46
18
80
9
14
t
Stock Bxeh
Stock Bxoh
9
11
8*
• « •
86
100*
M
180* 180*
130* Mar'00
.
107* OOV98
.
(lllll
I
Due June.
I
Due May.
1
Due Nor
Companies. Bid. Ask.
General Hleotrlo On— N Y Stook Hxoh
Do pref.— Set Boston L 1st.
•
Hartford (Ct) Bleo Lt Co. 160
19
Mo Bdlson Hleotrlo ....... 17
68
69
Do preferred.
Narragan. (Prov)BlOo.50 t 91*
I
Rhode Island Bleo ProOo. 119
80
United Electric of NJ...
78* 74*
4s 1929
United Bleo Lt4P Co pref SMBal toliat
11
Balto
St.
4*4 i989— See
99
98
Not'98
131
90
IIIIII
J'ne'99
116*
116*
87*
Jan.'00
J'ly'00
J'ne'00
Vb"
•
101
118
88
87*
84* Deo '89
88
"wii
98*
97*
86* Mar'00
B* S
101*
I
Woonsooket (R
I)
N r A N
J
Ferrv— Stock.
H iboken—Stook
1
l
sales.
FERRY
N Y 4 B R Ferry— 8tock
Bonds 5s of 1933.M4N
•
99*101*
a These are option
Brooklyn Ferry-8took
Bonds 5s— See Stook Hx
Metropolitan Ferry—6s
•
113*116*
99*
100
Ferry Co- •»• les.
Kerry Companies.
Electric
>
9*
•
131
Due Jan.
• •
118*
'106
(Given at joot of 7 consecutive pages).— TEL., BLEG.,
EleotrSo Companies.
Allegheny Co Light Oo...
Brush bleotrlo Co
100
103
Brans DlT lstg6strreo.'80
Bid. Ask.
Telec. eV Teleph.
Teleg Telep 4 Cable— Sm Phlla list
West'n Union Teleg— N Y Stock Hxoh
Fort
f 7s.
Q
1
136*
180
118
236
197
168
113
100
108
i
66*
88* May'00
95
75
fltts0ln48tL. Bee Penn Oo,
* O O 4 St L. Bee Penn Oo.
Pitts CleT4Tol lstg6s. 1922 A-O
189* 1399 PlttsFtW40h. Sm Penn Co
1922 J-J
105* 1099 Mtts Juno 1st g 6
108* 1049 mts 4 L Brle-3d g 5s . 1938 A-Ot ••••• ••••••
138
119* 181
•ltts MoK 4 Yo— lstgu 6s.' 82 J-J
1984 J-J •138 ......
Sd guar 8s.....
128
128
MoKee4BV lstg 6s. 1918 J-J
1916 J-J
90
MttsP4F 1st g6s
105 105
*lttsSh4LBlstg6s..l940 A-O 114
1943 J-J
1st oonsol gold 5s
110* 115* ltti 4 West 1st g 4s.. .1917 J-J 100
100
••••• •••••
J P M 4 Co oertfs
Mtts Y 4 Alhlltoon 5sl987. M-N
4
.1997
Oogeng
s..
186 139*
J -J 87* Sale
lading
1997 J -J
Registered
leniselaer 4 8ar. 8ee D 4 H.
Ulh4Dan. 8** South Ry.
104* 108* Bio Gr West 1st g 4s. .. .1989 J-J
98* Sale
nt.ah Cent 1st go g 41.1917 A-Ot
108* 105
88
93
Apr'99
this
188
183
104* 147 103*105*
104* 25 01 1068
J'ly '99
117
110
A-0
M-B
2d g 5s tr reo 1st pd.. 1926 M-N
100* 102*
"•o
4Bast.
Sm
O
O
O
StL
4
111* 116*
Ul* 114* No4PikUnlstg6s...l921 Q-F
tdg4*s
Feb., 1921 M-N
109* 111*
HO* 110* 'Uie Creek reg guar 6s 1932 J-D
119
••!••
J'ly '99
I
114*
90* "»9*
87* 97*
97*
J'ly '00
66* May'00
131* May'00
. .
'lOfl* J'ly'00
OUT8IDE SECURITIES
Hudson River Telephone
Sale
Sale
Sale
DRRR4Bgelstgu4sg.'36 F-A
AUegh Yalgengug4s.l942 M-8
102
110
84 110
MCI 100* 103*
115* May'00
«ia"6"
A-O* 126
No prioe Friday then are
Stock
1
III!
UNJBB40angen4s.l944 M-S
115* *insaoola4At. BeeL 4 Nash
114
'•o Deo4B lstg6strreo.'30 J -J
4
129* Apr'00
105* J'ly'00
t*
I
Sun 4 Lewis lstg
111*
107
•to* •••«««
Registered
4s
J'ly '00
Feb '00
113
.OS
Cong
ll 1
RW40TRlstgug5s.l8 M-N
Utloa 4 Blk RIt gu g 4s. '22 J-J
N Y Ohle 4 St L lstg 4s. 1937 A-O 107*
1937 A-O '105
Registered
Telea. aV Teleph.
•
1919
1943 M---N
GrR4I exist gug4*s.l941 J-J
014 Mar 1st gu g 4*s.l935 M-N
'98
iiiiii nit'
*•••*- iiiiii
Oswe4R8dgug5s..l815 F-AI
4
in*
•••It ••••••
BatO 4 St 1 st gug 3s. '89 J-D
N Y 4 Harlem g 3*s 2000 M-N
2000 M-N
Registered
Paolflo
• • •
J-D
1940
J
1940 J -J
4s
Bonds
J'ne'00
106
>
Mahon O'l RR 1st 5S.1934
4
97
98
95
106*
Cln4 SlatgLS4MS7s'0l A-0
Det Mon 4 Tol 1st 7sl906 F-A 116*
Gold
103* 108
105* 107*
J'ly '00
106* May'00
109* Bep.'97
101* J'ne'00
102*...., 104* F*b.'99
102*
108 J'ne'00
102*
102* J'ly '00
96* Sale
96*
98*
2361 J -j
I960 J-J
1900 Q-Ji
1903 J-D 112 115
1903 J-D 118
1997 J-D 109
1997 J-D •••III I • ••
KA4GR 1st go 58.1938
• I I I I
ISO
A-O
M-N
Series B
1942 A-O
Series C 3*s
1948 M-N
lrle4Pittgug3*sB.1940 J-J
SeriesO
1940 J-J
N4CBdgegengug4*s.'45 J-J
Pitts Oln 4 St L lit 7s. 1900 F-A
Registered
1900 F-A
P 004 St Loon gug 4*s—
Series A.
1940 A-O
Series Bgnar
1942 A-0
Series Oguar
1942 M-N
Series D 4i guar
1945 M-N
Series E guar 3*s ..1949 F-A
Pitts Ft W«
-*01st7i .1912 J-J
J»G 71* iiiiimiminilvl« J-J
•
%
••••fMIXllt'li A-O*
PinnRR 1st real es g 4s. 1983 M-N
Oonsterilngg 6s
1905 J-J
Con ourrenoy 6s reg.. .1905 Q-Mil
Oon g 61
1919 M-S
1986
Lake Shore oon lst7i
114*
130*
133^
117*
97*
87*
mil
Sale
65*
Gengug4*sser'sA.1942 J -J
113
108*111
111*
107*...
NY4Putlstoongug4s.'9S A-O
Nor 4 Mont lit gu g 5i.'16 A-0
West Shore lit 4s gu. 2361 J -J
*
107
ivr
1
109
111
107*
J-D 102*
1st 4s. 1986
Registered
134
.
Registered
109
107*...,
lstsflntgug4sserA.'40
Small bondi leriei B. .'40
Gout 4 J>iwe lit gu g 5i.'42
Moh 4 Mai 1st gu gis.1991
NJJnnoRgu
106
Oswego 4 Rome. Be* N Y C
36 1 90
100* 100* 0CF4StP. SM04NW
104* 107* PaoOoastCo— 1st g 5s. 1946 J-D 108 109 107* 109
aeof Missouri. Bee Mo Pao
MUM Mill Panama
Istsf g 4*s....l917 A-O 108*
103* May'00
••••II •••••
8isubsidyg6s
1910 M-N
Penn Oo— Gu 1 st g 4 *s 1 92 J-J us* !!!'.!! lie* ite*
Registered
1931 J-J
•en iiiiii 111* Jan.'00
Gtd8*sooltrustreg.l987 M-B *••••! linn 103 Not'9«
C StL & P 1st oon g 5s. 1932 A-O 130
131 J'ly'00
OeT 4 Pitts cons
108
108
109
Debenture 5sof .1884-1904
Reg deb
114
.....8047
General gold 5s. ....... 1987
•>m 4 8tL lstg 4s
1901
Ore 4 Oal. Sm So Pao Oo.
Ore Ry 4 Nav Sm Un Pao
Ore RR 4 Nay See Un Pao
Ore Short Line See Un Pao
4-01
1903
1997
1997
Registered
113
104*
Oihlo RlverRR lit g 5sl936 J-D
1.
G3*s
106
114
J'ly '99
•
NY Oent.
NO&NB prior lie ig 6s. 1915
N Y Bkln 4 Man Bh. Bee L
N Y 0ent4 HR Ist7s..l903
Jan.'00
.
NewH4D. S««NYNH4H
N
114
118
Ind4W. S«eCOC4 8tL.
87
109*
Bee St
1st 7s. '13
>
Nor Wis. SM0StPM40.
Nor 4 Mont. SMN.Y.Cent,
138
MonongahelaRlv.
lit oon gold 5s
II
130
135
132
104
Wash Oent 1st g 4s. 1948
Nor Pao Ter Oo 1st g 6S.1933
Nor Ry Oal. Be* 80. Pao.
180* 136
83
107
• I
90
106
101
P gen g 6s... 1823
Registered otfs
1923
110* 110*
120i*
188
S3
W
.
124*
120*
185* 190
185
189*
..
97*
Small
Mohawk4Mal. S«*NY04B
St L
Nash2d0hat4
6s
5s. ...1941
Solo
.
8«B4C
P M 4 M.
Mo at Cent.
Morgan'sLa4T. SmSPOo.
Morris 4 Hssex. Sm Del L4W
lstg
North Ohio. 8*4 L Brie 4
Northern Paolflo—
Prior lien r 4 1 g g 4s. . 1997
70 109* 113*
Registered
1997
110 110*
General Hen g3s
8047
"i 77* 84*
84* 84* 84* J'ly '00
107* Sale 107* 107*
Apr'00
101*Not'98
199<- A-O
4Tls gug 5s.. ..1932 J-J
Y4N Blstgug4s.l989 M-N
105* North Illinois. SM0&14NW.
"*98*
••••• .....
120*
188
.
III* tliili
126*4 Sale
189*
136
117
114
110
106
4 Weit— Gen g 6s. 1931 M-N
New River 1st g 6s .... 1 988 A-0
Imprvmt4ext g 6s.. .1984 F-A
N 4 W Ry lstoong 4s 1996 A-O
Registered
1996 A-O
BtP*N
••••••
Oet.'*>'
J'ly'00
J'ne'00
VI-S
Norf
118*118
,
Sale
M-N
M->
J-J
}
190
Sss Long III.
SssHrle.
4 South
Nor
"93*' "94
,
.
Mortgage gold 4s
96"
102* 04*
..
189
NYTeiiM. Sm 80 Pao Oo
116*
114* 121*
94 101*
•»»••• •*••*.
Leroy40VALlstg5s'26 J-J
Pao Rof Mo lit ex g4i. '38 F-A 106
2d extended gold 5i 1938 J-J 109
St Louis 4 Iron Mount—
Oenoonrr41dgrtg5i'3l A-( 110*
Genoonstampgtdg5s'31 K-r 107
1929 J-J
78*
Unlf 4refg4s
Yerd V I 4 W 1st g Ss. .'26 M-e
Mils KivBdge. Sm Ohio 4 All
Mob&Birm prior lien g 5s. '45
j ••••••
ShNTOiE
NY4Put.
93* 94 J'ly '00
94" J'ne'OO
105* Jan. '00
112* Apr '00
9094
J-D
A-C
1
1
IstoollgcMS
Reentered
lstreg4s.'08
1st 6s
190f J-.
88* 93*
70* N Y 4 North. SmNTOsH
65
95* N Y O 4 W Ref 1st g 4H992 M-B
89
U6*
116*
Y4Har. SssNY0
.
36
3h
1.
Low. High
Ask, Low. High.
Bid.
.
6
11
tine*
Jan.
Last Sale.
Bet Brie
Convert deb oerts 91,000
Small oertfsflOO
Housatonie R oon g 5s. 1987
N H 4 Derby oon 5s. . 1918
NY4NBlst7s
1906
44
Range
Week's
Range or
3.
4Hud.
ULaokiW, SuDLsW
8m Brie.
SY4NB. Bee NYNH4H
*
. .
lit
Price
Friday,
Aug. 3.
EXCHANGE
Y 4 Green w Lake.
[Vol. LX2I.
3.
4YLB4W.
128
. i . . . .
Timtg
Page
(5 pages)
Week Endino Aug.
111*116*
99*
98
193i
5i
and refund. 4s. ...1949
Mln * St L«u. SmBOR&N
.
BONDS.
Jan.'90
M-N US 114 114* J'ly '00
m-B 97* Sale 97* 97*
M A P lit 5i it 4s lnt gu..'36 J-J
......
M S8M4A lit g li lnt gn.'26 J-J
J-J
4.
intgu'38
M StP4SBM oon g
MmnCn. S«#BtPM*M.
91
Mo Kan 4 Tex— lstg 4s. 1990 J-D 90* 91
90*
67 Sale
1990 F-A(
67
67
2d gold 4s
1944 M-N
90* Sale 90
lit exten gold 5i
90*
Bo >nev Bdg Oo gu g 7s '06 M-N tea its sum 100*Nov'99
Dal4Wa 1st gu g 5s. 1940 M-N ••«••• •••«, 94 Deo '96
92
MK4TofTlstgug5s.'42 M-S» 90
91
91*
98 Sale
98
8herSh4Son istgug5s.'48 J-D
97
80
1990
F-A
81
80
K 4Pao lit gfo....
80
Tebo 4 Neosho 1st 7s. 1908 J-D
Mo Jt4Blstgug5s...l942 A-< 103 .... 10F* 10"*
190b M-N 113
Mo Pao— !d7s
118 J'ly '00
oom gold
lit
lit
PRICES
N. Y. STOCK
Low. H%gh
143* 161
122* 123*
Ask. Low. High.
149 May'00
182* May'00
Bid.
142
1
.
1st 01 • .................
Bid.
17*
lAna
|
Interest.
ask
80
list.
108
•••!••
106*
106
67
•
66
94
67
llll
93
Bi Oo.
do
tPrloe per sh
•' •
70
US
98*
an
A
Awoust
4,
7
THE CHRONICLE -BOND
1900.]
BONDS.
K.Y.BTOCK EXCHANGE
Week Ending Acq.
Price
Friday,
Week's
Range
Range or
since
Aug.
Latt Sale.
3.
Bio Gr Juno lit gu r 51.1939
,...
77* 78
RloGrBolstg3-4s.....l940 J-J
Roch ft Plttl. S«BR* P.
Rome Wat. ft Og See NY Cent
-J
Salt Lake CI it g if 6s. .1913 J
tloftGIlstg 8-4s...l947 J -J
St L ft OaL See Mob ft Ohio.
Bt L ft Iron Mount. See M P.
Bt L K O ft N. Bee Wabaih.
Jan.
Ask Low. High.
Bid.
103
J-D
3.
105
1.
BONDS.
Wkik Ending Aug.
77*
71
81
Southern— (Con)
Virginia Mid ser
81
Small
85
Series
Series
ft Ban Francisoo—
190H M-N
3d gold 6s Class A
1906 M-N
3d gold 8s ClailB
M-N
1906
8dgold6sClaisO
ft 0..1919 F1st g 8s Pierce
...1931 J-J
General gold 6l
1931 J-J
General gold Si
1987 A-O
1st trust gold 5s
Southw
DW
lit g Si.1947
1929
Cent I)l* litg 4i.
Ft BAVBBdglStg 61.1910
..1937
Kaniai Mid lit g 4s.
.
Bt
L
Bo. Bee Illlnoli Cent.
112
112
112
110
Noy'99
IIIMt 112
111*
J'ly'00
J'ly'00
122
J'ly'00
••••*!
e • e « •>
131
128
ll)8* 109
100
....
80
82
100*....
J-J
A-O
A-0
A-0
J-D
M-N
98*
89 Bale
59* Bale
Sd g ii lno bond otf s ..1989 J-JI
Gray's Pt Ter litgn g 5i'47 J-D
124*
Bt Panl ft Duluth lit 51.1931 F-A
1917 A-O 113*
2d 6l
1968 J-D 100*
lit 00 g 4i
116
......
Bt Paul M ft Man 2d 6i.l909 A-O
1933 J-J 184
lit oomol gold 8l
1933
J-J
Reglitered
Red coed to gold 4*s 1 9 3 3 J-J 114
1938 J-J
Reglitered
Dakota ext gold 6i... .1910 M-N 118*
Mont Kit litgoldti.. 1937 J-D •103 103*
1937 J-D
Reglitered
BtLBW Iitg4sbd0fs.l989
M litdlr litg6l.,.1908
1908
Registered
Nordlv
lit g4i.... 1940
1940
Reglitered
Minn Union lit g 6s.. .1922
MontC lit go g 6S....1937
1937
Registered
1937
lit guar gold Si
1937
Registered
Will 48 F 1st g 5s... .1938
1938
Registered
Bt P ft Nor Pao. 8ee Nor Pac
ItP ftS'xOltr.SssOStPMftO
giePw ft Ph lit g 51.1942
8A&AP.
A-0
A-0
A-0
A-0
•»*••• eseeee
• !*•••
IMItl
J-J
J-J 180*
J-J HIM
J-J 116
J-J '119
•
108*4
104
l rfi
100
93
105
81*
J'ne'00
J'ly'00
Oot,'97
89*
59*
89
58
120
110
%
Apr '00
81*
140
137%
114
-•••*
118
11894 J'ne'00
93
86
A
Registered
1949 FMort guar g 3*8..., 1929 J-Dt
Registered
1929 J-Dt
126*
J'ne'00
Jan-'OO
128
Deo'99
85
Salo
Registered
1938
108%
108
.
No prloe Friday
1
82
82
ferry Companies.
4 23d
„ 1st mort
Sts Ferry
5s 1 9 1 9. . J4D
.
Onion Ferry—Stock
1st 5s 1920
M4N
Bid.
70
{105
33
i 96
•
t
Sale
Bale
* » s • • •
Am Agrlcul Chem— See
a
Amer Bank Note Co...
Amer Blcycie-Oom. 50
Preferred.
Bonds
,
5s
M48
l-
t
Aik.
85
108
84
97
t
128
129* 134*
118*
60
8%
84
83
••••
1.
NO Low. High
O0t.'99
••*•••
•••sis ••**••
•••••I •••••«
109
Jan.'90
110
111
87
J'ly'00
J'ly'00
J'ly'00
109
108
87
117*
J'ly '00
114*119
117
J'ly'00
117
112*4 j'ne'99
114* J'ly'00
Jan-'OO
Ul
111
105
106
••IS
111*
111
87
117
0reRy4Naylitif g6sl909
"i
114*114*
111
105
105
111*
111*
68
8
2o
110* 116
53
69
14
105
105
95
114*
May'00
51* Not'99
115
113
100
HI
112
112
99
90
81
J'ly'00
99*
J'ly '00
99
Ang'9U
1C6
J'ly'00
113
108*
84* 90
J'ne'00
130* J'ne'00
78
110
130*
103
107
84
104* 105% 298 101*4 106%
105* J'ne'00 "4 103* 105*
Bale
no
J-J
Ore RR 4Nay oon g 4s. 1 946 J-D •102% 103, 102*
Ore BhortLlne 1st g 6sl922 F-A 12S* 128 128%
131
Utah 4 Nor 1st 7s
1908 J-J
102
Gold Si
1026 J-J
Ore Bh L— 1st oon g 5i.l946 J-J 112* Sale 113
Non-cum lno A 5s. ..1946 Sep.*
106
Non-ca mo B 4 ool tr 1946 Oot.t
75*
DnlNJBR400o. SssPaRR
no
110
102%
7
J'ly'00
110
100* 104*
136% 180
Mar'99
May '97
110*116*
112*
J'ne'00
Oot.*99
106
106
W
118*4 Utah Central. Btt Rio G
Utah 4 North. Sss Ore 8 L.
Utloa4BlaokR. Sss NY Cent
Val Ind 4 W. Sss Mo P.
Ver
irglnlaMid. Sss South Ry.
M-N 116 116*
F-A
101*
J-J ••••• *7U
J-J 32* 32*
112 118
lstg5sDet40hBxt.,194l J-J 109 ....
125* 126*
Des Moln Dly Istg4s.l939 J -J
00
....
StChas Bridge litg6i. 1908 A-O 111*....
Warren RR. Bet Del L 4 W
85
85
Wash Cent See Nor Pao
Wash 04 W. 8e$ Southern
WestNY4Pa lstg 5s. 1937 J -J 118% 118*
Geng3-4i
1943 A-0
03* Sale
1st
gSs
116*
101*
Sss
,
92*
•
80
Not.
116*4
103*4
J'ne'00
11
8
32% "29
118*
98* 104
94*
80
48*
113
83
32
110
91
J'ly'00
• a a a
108
Apr '00
• a » •
91
111
May'00
118*
3 110
118*4
98*
82*
34
109*
94% 117
1
38*
118
98*
U8_
120
68* 96*
22* 85
NY Cent.
85* WVa4Pltts. Sss B 4 0.
W Ya Cent 4 P 1st g 6s. 191
07*100% Wheel'g4L 1 1st con 4s.'49
1926
99* 99* 1st g Si
Wheel D1t 1st gold 5s, 1988
81
86*
Brten 4 Imp gold Si. .1930
78
J-J
VI
118
88
87% 88
S
A-O 108
J-J 102*
108*
.....
Jan.'99
88
10
108*
3
88
107
89%
110%
III
99*105
98* 100
J-J 87* 88 87* 88
D8.
1945 A-O 103 104 103
103
Atl Ay Bklyn imp g 5sl934 J-J
110 Jan.'99
BkCltylstoon 5s.l916.'41 J-J 110
116 Not'99
BkQCo4Scongug5s. .'41 M-N
99* 9»* J'ly'00
90
Bklyn DnBl 1st g 4-5sl 950 F-A
02
05 J'ly'00
City 4 8 Ry Bait lstg 5s 1922 J-D
Oen Oon Tr Co lstg Ss.. 1933 A-O
96 J'ne'00
Den Tram Cooon g 6s. 1910 J-J
Met Ry Co 1st gu g 6s. 1 91 J-J
Louis Ry Co lstcon gSs.1930 J-J
100 Mar'98
iarket Bt O Ry 1st g 6a.l918 J-J
let St Ry gen o tr g 5s.. 1997 F-A 116*117* 117*
120
Bway47thAylstog 5s. 1943 J-D .,.... 121 120* J'ly'00
Registered
,...1943 J-D
Ool*9thAy 1st gix gSs.1993 M-8 186 ....
185 J'ly'00
Registered
1993 M-8
L*xAT4PFlstgng6i.'93 M-8 124* 125* 125" 126
Registered
M-8
MetW 8BI (Chic) lstg.4s. 1 938 F-A *' 96* 07* 98% J'ly'00
Registered
1938 If(11 ttl Ry 4 L 30-yr g 5s. 1026 F-A
106 Oct.'09
Clnn St Ry 1st oon g 5s. 1919 J-J
109
Oct.'99
<t Paul City Cab. og 5s. 1937 J-J
112 115 115 J'ly'00
Guaranteed gold 5s. ..1937 J-J 111
Third At 1st gold Si.
1037 J-J 123 124* 124 J'ne'00
Dn Bl (Ohio) 1st gSi....l945 A-O 108*4
Deo '99
W Chic 8t40-yrlstonr5s.'28 M-N eeeea* aeaae 100*
aaaat
aaai._
40-year oon g 5i
1936 M-N see aea •••••« 99 Deo'97
GAS 4 BLBOTRIC LIGHT BON Da
Atlanta G L Co lit g 5s. 1947 J-D
Bos U Gas tr otf s s fg5s..'39 J-J
91% Oot-'98
Bklyn U Gas 1st oon g Si.. '45 M-N
U5* 115 J'ly'00
CnGL4CCo. SssPG4COo
Columbus Gas lit g Si 1932 J-J
49
87
Detroit City Gas g 5s.. .,1933
31
F-A
110 110* Wllkes4Baat. SssNY84W
106* 106* WU 4 81oux F. Sss St P 4 M
108
98*
07
J'ly'00
J'ly'00
• 4
•
M
88
98*
102*4
109" ill*
111*4113
88 „
87
120* 120*
99
99
78
80*
38 101
"4 110
109
104*
114*
110
111*112
117* 119
106* 105*
25 104* 109*
95
99*4
10 116
100
116*
41
Wlnona4BtP. SssOftNW
WlsCent50-yr lstgen4s..'49
Its*
8TRBBT RAILWAY BON
Bklyn Rap Trg 5s
5
110
90 106
11
109* Apr '00
US*
108*
108* 109*
107*4
112* Aug '9
* • • • »
99* 108
109*' May'00
115 Jan.'OO
116
103* May'00
101* 108*
114% 117
May'00
115
120
4 114
108*112
. .
23
May'00
180*
101*
J'ly '00
J'ly'00
119
101
108
105
Deo'99
•••••• eeeee
J'ne'00
108
126
101*
109
Ask.
Miscellaneous. Par.
58*
75
Preferred
American Ginning
&.mer Graphophone... .10 t 11
10 t 13*
Preferred
• • • • •
70
•
18
30
85
'37
Kings Co Bl L4Pg5s
Purchase mon 6s
1997
Kd Bl II Bkn-lstoon g 4s.' 39
lstg 5s
1940
IDueMaroh.
T
J- J
Miscellaneous. Par.
American Surety
50
vmer Strawboard.,.,100
Bonds 6s
FftA
*m Typefo'rs— Stock. 100
Amer. Woolen—Com.,,.
Preferred
16
85
85
100
8
117*130*
118*138*
183
136
138" lis
95* 98%
111
115
117* 135*
••••
aaeatff
MMM
••••41
114
118
94
100
Preferred
5
42* Asphalt of Amer.
10*
Bu P
tMII
111
lltts*
....
...
Mar'99
...... tuttt
MIHI »•»•»*
...... >!••«
.•••<
Dae Nor. a These are
I
huh
option sales.
FERRY & MISGELU8.
Bid.
Ask.
805
31
Miscellaneous.
Barney
58
13*
14
71
ft
4
hlla.Il St.
SmCar
Bng Br
Par.
Bid.
100
.....100
1st 6s. .
90
a Ik
16
98
95
Biiss Company—Com.. 50
«8% 70
60
82* ......
Preferred
*ond ft Mort Guar... 100 310 815
British
90
75
ft
Preferred
Bergn
54
118
8
17
73
99* Not'99
97* Oet'99
•
800
80
100
70*
95
94
Sale
08
•
A-O
A-O
J-J
A-O
A-O
<mer Wringer oom... 100 107
Amer. Writing Paper....
94
F-A
Due Jan.
Pref
250
Amer Shipbuilding ..100
100
Preferred
Am Soda Foun—Com. 100
100
lit preferred
100
3d preferred
97*
. .
at foot of 7 oonseotjtivb pages).—
American Chicle Co
97
95
OonGaiOo. SssPGftOOo.
iDneJuly.
Bond* dae Amg.
92
•
t
Det Gas Co oon lstg 5s.. 1918
124
*• *a at
98% 104
.
119* 184* 8d Bl Dl Bkn. See K Co BL4P
Bd B111L See NYG 4 BL H4P
118 124
184* May'00
98*
101% 106*
• • • •
'
108%
t
•eeeea
1939
1089
Debenture series A.. .. 1939
Series B.
1939
106*4
this week,
J-J
2d gold 5i
108
Amerloan Sorew
List
S3
51
Amer Press Aisoo'n. .100
46
•;6
S
128
Amer Mutoscope
• to
«)4
MIIH
108*
115* 116*
111* Jl'y'00
since
Jan.
•**••»
W
Registered.
and asked
Miscellaneous.
AOker.Mer 4 Con 6s 1903
98
Amalg. Copper— See Bost on Ll»
***•
Aug' 99
OUTSIDE SECURITIES (Given
19th
108*
•
96
seeeei
latest bid
i*08%
98* 100%
99* J'ne'00
85
117
>
•
s t * •
sees
33
J-J 115*....
M-N 115 115*
M-8 110*111*
M-8
J-J 120 ....
J-J 120* 121*4
J -J 120 ....
M- 8 100 ...,
fund g 5s. 1909
Deb 5s stamped
1927 A-0
Bo Oar ft Ga lstg 5s.. 1919 M-N 104
Atl ft Tad 1st g gu 4 s. 1949 A- O
B«.ulp link
102* 105
79
Noy'99
78*4
106
BT Va*Galst7s....l900 J-J
Ga Pao Ry lstg 6s.... 1922
Knox ft Ohio 1st g 6s 1925
Rich ft Dan oon g 8s. .1915
L 4 N.
1935 J-J 113
West'ndly lstg Si.... 1935 A-O 111
99*
General gold 5s
108E J-D
Kan ft M 1st gu g 4s. ..1990 A-0
81
litgold
J-J
Peo
41.1917
Tol
ft
TStLftKO Istg6str.l916 J-D
Tor Ham 4 Buff 1st g 4s. 1 946 J-D* 06
lster4 Del IstogSs. 1928 J-D 105
Uln Pao— BR 4 1 gg 4il947 J-J 105%
Reglitered.
1947 J-J
Weit No
West Shore.
Mem D1t lstg 4-**-5il996 J-J Htm
Registered
1996 J-J
AlaOenR lstg 6s. ...1918 J-J
Air
AtlftCh
Line lno. 1900 A-0 »• aee*
Atlan ft Dan lstg 5s. 1950 J-J
Col ft Greeny 1st 5-6s.l916 J-J
1930
1956
Bee
Si. ...April, 1943
Oar. Sss South Ry.
1
g 4-5s.l938
lie*
118*121*
May'00
1
DlTiilonalg 5
15 iia*
Apr '99
GalHarft8Alstg8s.l9lo P-A 108*112 110 May'00
>dg7s
1905 J-D
106* Feb '00
MexftPaolitg....5i'31 M-N
99
99%
Hous*TOlstWftN7s.'08 J-J .-t«.« seeees
•110
lit g Clint gtd
1937 J-J
il'6" J'iy V00
112 112
Oongdilntgtd
1912 A-O •
112
83
Geng4i tntgtd
1921 A-0 • 81
84* J'ly '00
Morgan'sLaftTlstg6s.'20 J -J 123
120* Feb '00
lit 7i
1918 A-0 186
134 Noy'99
NYTAMexgulstg4i.'12 A-0
"99" J'ly'00
*
98
99%
OreftOal lstgtdg 5s. 1927 J-J
75* 75* 75*
8 Aft APanlitgug4i.'4S J-J
75*
TexftNO 1st 7s
1905 F- A
116 Deo '98
BablnediT 1st g 6s. .1912 M-8
106*Noy'97
Con g5s
1943 J-J 102* Bale 102
102
BoPof Argnlstg6s.'09-10 J -J|j
112*4 J'ly'00
BPof Cal lit g6i.. 1905 A-0 109
109
109*4
lit gold 6nerB..1905 A-O 109*
1st gold 6
1906 A-O 111
111* J'iy'00
1st gold 6s
1912 A-0 118
119 J'ly'00
1st oon guar g 5s.. 1937 M-N
105* Jan-'OO
Stamped
1905-37 M-N
07* Sale 107
107*
A ft N W lit gn g 51.194 J - J 97% sale 97*
97*4
76
B PCoait 1st gng4s.. 1937 J-J
B Pacof N Mex 1st gBs.'ll J-J 116
Sale 116
116
GllaVG&Nlstgug5sl924 M-N 105* 106* 105* J'ly'00
Oon 1st g5s
B Ten reor lien
4 N Ala.
Inoome
98% Bale
97%
81* 88
J-J
111*
97* 10C*
117* 121
137
142*
109
104*4 r«b.'98
78%
Gold 4i Cent Pao ooL.1949 J-Dt
1949 J-Dt
Re. litered
1994
S
Spok Falli4Nor lstg 6s.l939
Snnb 4 Lew— See Penn RR.
Wabash
112
5s
102
•iseee
•e*«*fl ••••«
seeees •••••
.
Apr '00
131
Apr'97
F
Low. High
Ask,
TolftOO IstgSs
103
106*4 Noy'99
SssSoPacCo
BFft N P 1st if g Si.. .1919 J -J 109
BbtFA W litoon g 61.1934 A-0 •iai
1934 A-O
lstg5i
90
Bt John's Dlv 1st g 4I..1934 J-J
82
gn
1
Brans ft W lit
g 4s. 938 J-J
Boioto Val ft N B. See Nor ft W
1926 J-J
Beabft Boa 1st 5s
Car Cent 1st oon g 4s. 1949 J-J
Bber Bhr ft So. ShHEiT
8odBay ft So 1st g 5s... 1934 J-J
Bo Car ft Ga. See Southern.
Southern Pacific Co—
Registered
5s
A 6s. 1906 M-8
1911 M-8
1916 M-S
1921 M-S
1921 M-8
1926 M-S
1928 M-8
1931 M-S
* • i ,
Jan.'99
128
180
115
Last Sale.
3.
• •
106* Mar'98
118* May'00
108% Apr "00
Aug.
Range
3.
113* Stat III Ry 1st gug4*s.l948 J-D • ••Ml ••••*!
BjraBlngftN 7. SssDLftW.
103*104
1*
Per A of St L lstg 4*s.'S9 A-O ••••a
2
79
84
I Istoongold5s.l894-1944 F-A •U4*
98* 100
8t L M BgeTergug5s.l930 A-O •HI*
91
95
Tex ft N O. Sss So Pao Co.
TexftP Ry B dly lstg 6s. 1905 M-8 105 .....
2000 J-D 111% Sale
lit gold 5i
58
58
18
3d gold lno. 5s, Deo... 2000 Moh.
85
93*
trust
otf
Bng
Co
97
s.
,
53* 65*
J'ne'00
Feb '99
114
103
104
125
Week's
Range or
106
100* J'ly '00
117* J'ly'00
M-8
NoofCallstgug6s...l907 J-J
Guaranteed gold 5s..l938 A- O
Southern—
IstoongSs
1094 J-J
i'2'2"
Feb'*99
J-D
J-D
i
111*113*
Price
1936 M-N 109 111
Gen 5s
1936 M-N 110 111
Gtd stamped.
W 04 W lit oygu 4i.l924 F-A 80 91
Weit N C lit oon g 81.1914 J-J 115*
118*
111
Apr '00
ISO
CPaolit efgng 41.1949 F-
B
Small
Bt Louli
8tL*8FRRg4s...
6s
8erleiD4-5i
82*
82*
gtLUBr. SwTRRAofBtL
.199(1
B
227
4.
Friday,
Bid.
Series
84
.
Page
(5 pages)
N.Y. STOCK EXCHANGE
SerlesC 6i
83
'
Low. High
Noy'99
77*
PRICES
A
11
.
Columbia Copper
i:
H«
98
100
94
jelluloldCo
•0
17
Tent Ftrew'rks—Com.100
60
100
5?
Preferred
{ And Interest, t Price p er ska re.
s
S
9
3
.
.
THE CHRONICLE -BOND
228
BOND8.
K. Y. STOCK EXCHANGE
Week Ending Aug. 3.
Price
Friday,
Week's
Range
Range or
$ince
Aug.
Last Sale.
Bid.
»qGasLNYlstcong5s..'32 M-8
BqGAFuel. 8««PGACCo.
'Gas ABleo BergCo c ng 5s'49 J-D
Jan.
Low Biah
115% 115%
104* 108%
115%
Q-F* 105%
103% 110%
120%
J'ne'00
5
. . . .
MAN'F'G A INDUSTRIAL.
Am
Cot Oil deb g 8s. . 1900
m Spirits Mfg Istg6sl915
Thread 1st col tst 4s 1 91
Bar ABCarCo lstg6s ..1942
Grameroy Sug 1st g 6s.. 192
1910
111 steel Co deb 5s
Non-oonv deben 5s.. .1913
nt'l Paper Co 1st oon g 6s.' IS
Knlok Ice (Chic) lstgSs.1928
Nat StarchMfg Colstg6sl92D
•Procter A Gamb 1st g 6s. .'40
Stan Rope AT 1st g 6S.1946
1946
Incomeg5s
EnveiCo 1st s f g6sl918
8 LeathCo s f deb g 6s. 1
.
Am
US
Qu-F
M-8
J-J
A-O
J -J
A-O
F-A
A-O
M-N
J-J
101
101% 100%
75
89
J -J
•
'
105
92
105
Sale
J-J
J
2397 8 J
J'ly'00
Bid.
so
13
'
Ones A O Grain El—lno.
70
340
4s
Ouesebrougb Mfg Co. 100
Chicago A Alton RR 3s...
ChlcAAlRyS%s w. 1.1
Com stock wh issued)
Si*
83
Pref (when issued)...
60
Cfanln (HBj-latprei.100 101
100 101
3d preferred
(
Common— See St.F.x. list
Col A Hock C al A
lstg 5s 1917
80
85
50
fd.
I,
JAJ
Oonsolld Car Heating. luO
Consol Flrew'ks-Com.100
Preferred
100
73% 78
10*
9*
104% 103
»%
118
116%
2!
108
105
Preferred
Kle itrlo Vehicle
Preferred
Empire
,
Preferred
A Western Trans. 50
Fidelity A Dep (Bait).. 50
le
t
General Carriage....
Qeneral Chemical. ....100
Preferred
100
Oorham Mfg Co-Corn. 100
Preferred
100
94%
¥*
n
70
103
103
60
90
80
122
16
19
85
28
60
3
11
6%
95
100
87*
4?^
75
55
85
10
20
Hoboken Land A lmp't
110
106
6s
Internat'l
too
62
1%
1*
\
••••••
Pump—Com...
J
9*4
20*'
Preferred
65* 06*
Enternat Silver— See Stk. Bxon. Hat.
Do
do
pref.
85
37
Do
do bonds.
98
98
inter-State Oil
53
63%
100
iron Bleamuuat,
8
4
1901
JAJ 45
John B Stetson— Com.100 06
Preferred
100 116
130
I
•
Journeay A Burnham.100
Preferred
100
Lanston Monotype.... 80
100
Lawyers' Surety
Lawyers' Title Ins..,. 100
LorUlard (P)— Pref... 100
Madison Sq. Garden— 100
3d 6s 1919
MAN
'Markeen Copper
Slex Nat Conetruct'n, pfd
Minneapolis Brew 1st 7s.
8
80
18
106
160
100
6
•
•••
13*
170
103
7
40
6
s*
118
.
80
110
10
115
t
41
Union Steel a Ohain pref
Union Switoh A Signal. 50
10%
40*
43
19
10**
48
109
May'00
•••
inn
-
113% 118%
09% 114V
105% 106%
109
112
103% 105
ion* 100%
108% 118
109 118%
May'00
100% Apr'00
104
110
J'ly'00
J'ly'00
108% Hill
114
114
10
109
109%
J'ly '00
Aug'9»
Sep.'Ss
J»n.'00
121
Apr'00
107%
J'ly
1378
188
12% H6*
113% 118&
1
bond »"w hen
105
108
102
117*
116W
182% 187W
Q-J
it sued."
1
97%
696
108% 116%
108
108
iii" iai"
106% 108%
0"
109%Feo.'9«
106* 106%
106% J'ne'00
J-J
A-O 187%
J-J 115
J-J
J-J
J-J 89%
J-J
Preferred
16%
18
80
Nat Enamel'g A Stamping
•
••
31
74
36
Preferred
Gramophone. ... 100
U. S. Cast Iron Pipe.,.,
Preferred
78
40
Banks.
Brokers'
Preferred
100
3d preferred
100
Singer Mfg Co
100
Standard Oil of N J.. 100
Stand Und'rg'd Cable. 1 00
Sloss-Sheffleld See Stook
Southern Cotton oil. .60
8tandardCoupler.com. , .
Preferred
,,,
•
RT
••
Isl
1st
1st 5s 1910-1914..
•
Feb 'Oh
Mar'00
138
s • • •
ISO
I
96% J'ne'00
86% J'ne'00
39*4
89%
95
90
6%
23
7%
ISO
ea
96 s
130
94
91
85
93%
6%
80
10
Kxch
t
08
40
188
107
95
50
....
171
500
300
•
••••
Domes. Bxoh 100
Bast River.. 140
11th Ward*. 15U
>
• • » •
310
281
103
174
1700
160
German Am*
German Bx*
835
985
120
i60
89
78%
67% if*
87% 39%
list.
Hano'r(new)
'Ml
Hide A Lath 130
Imp A Trad. 515
183
Irving
leather Mfr. 210
310
775
Llnooln
Manhattan* 265
Market A Ful 215
65
16
103%
Mechanics'.. 195
Susq Coal 6s 1911
Meoh A Tra*
96
190
Mercantile
185
Meroh Bxoh.
Merchants'. 170
Metropolis*.. 550
485
580*
190
280
430
s
• • •
100
180
180
Ask,
83
65
87
S3*
38%
101
6
36
1949
MAS
5s
Westingh Air Brake. .50 tl80
Worthing. Pump, pfd. 100 105
e
40
181
110
.
Bank*.
Brokers
S Glass— Common. .100
100
Preferred
Va. Coal Iron A Coke. 1 00
Bid.
Bid.
Qu
135
355
100
19th Ward*..
33
Ninth
North Amer. 300
......
Wallabout*.. 106
130
.
Trust Cos.
N. Y. CITY.
85
'•••••
800
130
150
188
170
410
Park
Peoples'*.... 235
Phenix ...... 100
475
Plata*
Prod Bxoh*. 185
Republlo .... 315
Riverside*... 210
Seaboard .... 290
800
Seoond
180
Seventh
Shoe A Le'tb 100
300
State*
Paciflo*
AtlantloTr
180
335
.
806
300
BAT
350
300
Central Tr'si 1950 3050
860
Olty Trust. . 300
330
345
Colonial
Continental 376
• •••
Farm Ln ATr 1403 1486
Ave Tr 485
Guaranty Tr •iOO
Fifth
•
•••
100
115
••••••
675
Knlok'rb'ok'r 100
Manhattan
Mercantile
23d Ward*... 100
Cnion Sq*.... 235
West Side*.. 375
115
Western
Yorkvilla*.. 385
350
.
800
300
.
Merohants'
Metropolitan 135
450
465
MortonTrust 435
N Y L I A Tr 4'il
*
N Y 8ec A Tr F760
400
^orth Amer. 3
145
Produce Ex.. 130
Heal Est Tr 300
1
StandardTr't
Tr.Co.of Am.
Tr.Co.ofN.Y.
Nassau ...... 385
365* no
Nat City
170
• • •
North Side*..
305
195
People's* .
Kings
.
•
165
am
334%
•
•••••
*
195
Union Trust. 1300 1400
400
470
Tr.
U 8 Mtg A
330
Bedford*.... 310
Broadway* . 240
Brooklyn* . .. 110
8th Ward*... Hill 85
110
5th Ave*.... 100
First
•••••• 300
Hamilton*... 110*
Kings Co*.... 100
Manufaot'rs. 380
Mechanics*.. 300
Meoh A Tra*. 370
100
Merchants
Soherm'rh'n* 150
17th Ward*. 110
304
Bankers' Tr
Bowl'gGreen
CtLBlty
106
State of NY* 139
12th Ward*.. 100
•
ns.
otati
200
26th Ward*.. 140
136
Onion*
8 pragae
175
Bid.
Qu
Brokers
otatio
140
Oriental*
Bank*.
Ask.
Unit. States.. 1800
Washington U90
BR'KLYN.
Brooklyn Tr, 414
Flatbush .... 160
306
Franklin. .
.
.
Co....
365
340
L ATr.
.'40
Hamilton...
L
Isl
Manufaot'rs
107
Nassau
85
330
People's
415
WUllamsb'gb 185
«
••••
338
300
pay t
Banks marked with an aster 1** (*) are State banks, i Purohaser alsoweak
sals at Stook Bxoh. or at auction this
toarwtAlaU t Prioe per share
*
1
Morris*.. 180
111
180
4
34
U
100
Pref
1
.
Mt
8
Miscellaneous Par,
U 8 Envelope— Com.. 10.
BR'KLYN.
Germania*... 375
Greenwich*.. 165
Hamilton* .. 145
no
.JAJ 101
108
j«j 116 131
Texas A Paolflo Coal. 100
75
85
1st 6s 1908
AAO *107*
Title Guar A Trust.. .100 880
410
Trenton Pott^-Com..l00
8
7
Preferred
,...,,100
60
63
Trow Directory-New. 100 60
60
Unicn Copper
8
»M
Union Steel A Chain
8
»
345
Fifth Ave*.. 2400 2900
285
3600
165
1 4th Street*. 146
170
400
Gallatin
Gansevoort*. 60
As..
36
N Y Nat Ex..
New York....
• • • • •
.
in
.
t
••
& MISCELL'8.
New Amst.*.. 375
NewYork Co. 1500
188
*335
270
Colonial*
Columbia*... 190
Commerce. 473
Continental 130
Corn Bxoh*. 345
v/ity
85
«0
t
t
• •
Mutual*.
Nassau*
Ohemlcal..... 3900
148
Citizens'
185
100
140
100
550
530
189
6s'13AAO
3d 5s 1936
JAJ
Stlllw-Bieroe A Sm-V.100
Storage Power
14
Swift* Co
ino 101
Stat
Chatham
78
• • • • r
•
.
65
116
Ask.
otati ons.
500
290
Broadway.... 840
Butoh'sADr.. 86
80% 27%
76* 78
t
Qu
Am Bxoh....
Preferred
Peck, Stow A Wilcox. .35 t 87
Pennsylvania Coal
50 410
Pitts Bess
50 t 81
88%
Pittsburg Brewing
50 t 83% 23H
Preferred
50 t 43
44
Pittsburg Coal
100
84% 84%
Preferred
.100
78% 79%
Pitts Plate Glass...,. 100
159
40
Planters' Compress ..100
19
Pratt A Whitn— Pref . 100
45
50
Procter A Gamble. ...100 430
450
Preferred
100 303
410
1st 6s— See Stook Bxoh ust.
RoyBakPowpf
90
93
Preferred
Russell A Brwln.
35
Safety Car Heat A Lt. 100
Seiooast Packing Co
Preferred
Simmons H'rdw-Com. 100
Bid.
N. Y. CITY.
America* .... 450
28% 39%
86% 87%
Rubber Goods Mfg
50
Bid.
•
Union Typewr— Com.100
1st preferred
100 109
3d preferred
100 118
100
ALB
85
50
66
t
Otis Elevator—Com
J*
XJe-'g-Hall-Mar(asst p'd)
Preferred (asst p'd) 100
191
Miscellaneous. Par.
Ask
10%
40%
t
National Saw— Pref.. 100
89
National Salt
83
Preferred
60
63
National Surety
100 150
170
National Tube SeeNYStk txch. list.
National Wall Paper. 100
62
75
N. B. Eleo. Veh. Trans.. 10 t 4
4%
N Y Loan A Imp
70
100
85
N Y Blsoult6s 1911. MAS 118%
New Jer Zinc A Iron.. 100
7
N. Y. El. Veh. Transp .100
8
N icholson File Co
50 t 64
45
90
80
18
40
50
Monongahela Water... 35
Mosler Safe Co
100
National Carbon
100
Preferred
100
Nat'l
110
130
Preferred
Beok-Jones-J MlU-Pf.l00
1st 6s 1932
MAS
Illinois Ele o Veh Trans. 1
((International Elevat.100
Preferred
90
0%
Havana Commercial
i'i6%
106
UNLISTED BONDS.
111
Bid
30%
L
iV6%
sted lieparVm ent " for
(Given at foot op 7 consecutive pages).— BANKS
Monongahela River Coal
«0
17
80
360
16
t....
.
Small
,
Virginia fund debt 2-3s.l991
Registered
,
6s deferred oertfs
,,
84
71
111
As «
65
7
85
Steel
Tenn—New settlem' 1 3s
•!«•«
I
Co. Of America
EJeJtrto Boat
1919
So Carolina— 4%s 20-40.1933
H6% 87%
Feb"o-'
J'ly '00
109
110
108* J'ne'00
116% 1U% 116%
15%
115% 1151* 116 J'ly'00
132% isr 13?% J'ly'00
138% I33»i 134 J'ly'00
113* 113% 113% J'ly'00
113% 113% 114 J'ly'00
,
Small...,
6s
1
•
1
10
.
Pref
84
24
"
* •
113%
109% 109% 110%
Class B5s
1906 J-J 109
Class C 4s
1906 J-J 100
Currency funding 4s. ..1920 J -J •104
Dlst of Columbia— 3-6 5s. 1 9 2 F-A 128
Louisiana— New oon 4S..1914 J-J 107%
Small
106*
Missouri— Funding. .. 1 894-95 J-J
Nortn Car—Consol 4s...l910 J-J 105
107%
68
...
109%10«%
STATE SECURITIES.
Alabama—Class A 4 to 5. 1906 J-J
87% 95
72*
8%
3% 104%
100
"
1
Small
•••••
Nov'96
Oot.'9P
098%
8 of Mexico s f g 5 1 of 899
96-t
b These are prices on the basis of Ave dollars to the pound.
105
105
the
••••II
»•••»
101
«•••#.
Atch Col A Pao 6s tr ctfs. ...
66% NoV99
100
103
101* May'00
101% 108% Atch J Co A West 6s tr otfs.
64* Nov'99
••••• •Mill
01 FAb '98
70
06
Ban City So 3s (wh issued*.
66 J'ly'00
bid and asked this week, t Due July * Due May. I Due April. Bonds due January. 1 Due August. aThese are option sale*.
55
Consol Rubber Tire..
5
Praf
80
Corbin Cabinet Lock. 100 335
Corbln (P. A F.) Co... .25 t 80
Cramps' Sh & fiu Bldg. 100
75
Diamond Match Co. .100 130
Distill.
U
89% 89%
13
made in
FOR'GNGOV. SECURITIES.
Aor'P7
87* May'00
ln
1918
t Prices are
109
33
US
106* 104% May'00
OUTSIDE SECURITIES
Miscellaneous. Par,
no
105
j'-ji
lno 5s ....1907
1st g 4s... 2397
Chateaugay Ore* Ir 6s 15
118
109
103
105
104
32
•
'••••#,
.Hill
Sale
Sale
••
•
(For iailv record see seventh vn oe v receding.)
U S 3s reg small bonds.1918
U 8 3s oou small bonds.1918
U 8 4s registered
...1907
U S4sooupon
1907
U S 4s registered
1925
U S 4s coupon
.....1925
U 8 5s registered
1904
U 8 5» coupon
,.1904
113V* J'ly '99
F-A
•Mo prioe Friday; these are latest
E
15
•
40
••••
J-J
.'04
GOV. SECURITIES.
U8 3sooupon
108" 103
90
95%
Jan.'00
106
S.
. .
2s 30-year refundlngt....
8 2s registered.... Optional
8 3s registered
1918
U
58
58
103
Jan.'99
Northwestern Tel 7s.
U
100% 103%
'
Registered
103
J'ly *00
M-N 114 ..... 114
114
MISCELLANEOUS BON D8.
Col
trg4s.l948
Hi—
104%
104
104*
104*
M-8
Adams
mDkAImpSs. SeeCenNJ
82*"
86*- J'ne'00
con g 5s'48 F-A
Bkln Kerr jCo 1st
k'n W A W H lst5s tr ctfs.
75 Sale
75
7a%
BtYd
col
5s.l915
J-J
g
UX Apr'00
Chic Jo A
Non-cum
Com Cable Co
105
100% 104
63
85
99
70
95
103
U.
89% Feb '00
90
109
US
• • • •
105
109*
105% 105%
» t
•
PropCo lstg 4%s 5-20 yr*17 J-D
Yuba Wat Co oon g 6s. .'33 J-J
8p Val Wat Works 1st 6s. '06 M-8
Vermont Mar 1st s f 5s. 1910
West Union— Ool tr our 5s.'3R J-J 110%
Fdand rea est g 4%.. 1950 M-N 136*
Mut Un Tel s fa 6s... 1911 M-N
19
•
95%Jan.'97
113
90
1.
Loxo High
118" Nov' 9
8
107
105
103
Jan.
Ask Low. High Yr
31
324 31
109 OoV99
Bid.
.*
11
tin.
Last Sale.
3.
f"
. .
«
Aug.
ye
tine*
Week's
Range or
113
7
111
106*-
EXCHANGE
Webs Ending Aug. 3,
Det MAM Id gr 3%s 8 A.1911 A-O
Erie TATooltrgsf 5s... 1926 J-J
Gr ttir Coal AC 1st g 6s. 1919 A-O
.
,.
..
.
[Vol. LXXI.
5.
Price
Friday,
3ti
Ha ok Wat ReorlstgSs. 1920 J-J
He id B Co 1st sfg 6s.. .1931 M-S 110
HonokenL Alg 5s
1910 M-N
I on Steamboat Co 6s... 1901
106 111
J-J
Mad 8a Gard lstg 5s... 1919 M-N MMtl
Man Bcb.HALgeng4s.1940 M-N
103*- 110
Met TATlstsf g 5s.l918 M-N
94% Nut Un Tel Co. See Wn Un.
91
etvptNews SAD D Ss.1990 J-JI
108 110
YANJTel geD g 5s oy '20 M-N
117% 120
S
A Ont Land lstg 6s. 1910 F-A
107
107
No Westn Teleg. See West.Un.
108% 106
St L Ter Cupples 8tatlon A
120* 127
13
116
107%
N Y G B L H A P. .g 58.1948 j-n 106% 107 107
194? J-D
Registered
93
1 94 9 F-A
91% Sale
91
Pu rebase mon g 4s
108* 109* 108*- J'ly'00
Bid El 111 1st oonv g 5s. .1910 in11*% J'ly'00
1995 j-j 118 ...,
1st con g 5s.
107 J'ly'00
Peo Gas A O 1st gu g 6s. .1904 M-N
1904
103%
103* 104
J-D
8d gtd g6s
1948 A-0 1*0%
188* J'ly'00
lstoonsolg6s
1947 M-S
106 Deo'98
Refandingg5s
1947 M-8
Registered
107*
107 J'ly '00
Ch G-LAOke lstgug 5s'S7 J-J
105 J'ly'00
ConGOoofCblstgug5i'36 J-D
103 May'00
Eq G A F Ch lstgug6s.'05 J-J
103 J'ly'00
105
Mn Fnel Gas 1st gti g 5. 1 947 M-N
103
Deo*99
Trenton G& El 1st g 5s.l949. M-8
5«...'38
105*" J'ne'00
M-N
Westn Gas Co ooi tr g
BOND8.
IRON
GOAL A
Coal Mln. See T C 1 A RCan
learf Bit Coal. See NYCAH
103* J'ne'00
Col C A 1 1st con g 6s. 1902 F-A 100
58 Feb '00
ColOAIDevCogug5s..l909 J-J ••*••
1909
off.
Coupons
103 Jan.'OO
Col Fuel Co geD gold 6s. 1919 m-n 102
89*" 91
BO*
93
Col FAICogensf gSs.1943 F-A
De Bardel C A 1. See T C A I.
107 May '97
JeffA01earOAIlstg5sl926 J-D
1926 J-D
80 May'97
3dg5s
RochAPitCAIpurm5sl948 M-N
Sun Ck Coal 1st g s f 6s.. 1912 J-D
TennCoalTDlv Istg6sl917 A-Oll 105 Sale 104}{ 105
106 J'ly '00
Birm Dlv 1st con 6s. 1917 J-J 105
105 Feb '00
Cah C M Co 1st gu g 0s.. '22 J-D
De Bar C A I Co gu g 6s. '10 F-A 98 101 104 J'ly'00
32 Jan-'OO
WhLB APCCofst g 5s.*19 J-J
i
1.
Page
(5 pages)
BONOS.
10
115%
PRICES
9
...
.
N. Y. BTOOK
Ask. Low. Hiph No.
115%
Gen Blec Co deb g 5s... 1922 J-U 115
Gr -iapGLCo 1st g 5s. .1915 F-A
K C Mo Gas Co 1st g 5s. 1922 A-O
I^ac Gas-L Co of 8t,I.l stg 5s'19
Mot Fuel Gas Co See PeopGas
3.
3
4
......
.
Al-cjust 4
J
.
t
Saturday,
July 28
Wednesday Thursday,
Tuesday,
Monday,
July 30
Aug.
July 31.
33
350
350
350 850
148
143
143*
•148*
343 312
•313
.....
•943
•189
190
189 189
•189 190
iso* 137% 135% 138* 125* 186
136
186
136
136
•185 13«
»
135 133 185 •123 135
M
80
30
40
40
•i87
137
187
•186
187
*
t
•
76
•18
18%
13
81
51*
84
76
12
83
•88*
•71% 78
80S
61
93
88
8%
33
250
33
349
33
349
313
190
943
189
'342
UK
76* 75*
87*
•87
89%
ll-ie
•14*
14*
•
75*
37
37
•
•
• a I
84%
97% 97*
•8* 8*
•39% 29*
•14* 14%
58% 59*
76
76*
37
37
37
93* 93*
91
94
93* 93*
•86* 37% 86* 87*
•33* 25*
•23* 85
75* 76
•75* 76
86
33
87
33
78
3
88* 86%
33* 2i*
75* 75*
(••III
93* 93*
134* 188*
75%
2
2
3
8
3
395
899
394 897
63
83
63
63
735 740
710
744
xt«%
17
16% 17
•55
55
55
55
38* 3 J* •38* >8f 38*
•95
96 97
93
98
83* 38*
•83% 34* 33
53
53
58*
897
63
744
17
55
911
9%
9H
97* 97* *J6
-
•
9*
396
63
710
297
•#•«
'735
18* 16%
38* 38*
97
83* 32%
7,065
50
(Boston).... 100
(Phila.) .... 50
"
•
••••
34
75* 76
2
3
3
133*
117
144
181
133
•116
117
10%
143* 144*
10% 10%
300
65
•735
16* 16
54* 54
40
40
•98
96
308
65
745
801
61
740
•16*
40
96
33* 33*
Amer. Agrtcul. Chemical
"
"
IT..
Preferred T
....100
....100
50
....50
American Alkali
(Phlla.)....
"
Preferred, 9 10 paid
American Sugar Refining 1. (Boston).. ..100
"
....100
Preferred*
"
....100
Amer. Telephone &Tel.Co.f
(Phtla.)lO paid
Asphalt Co of America
...(Boston).... 35
Boston 4 Montana
"
....
Butte 4 Boston
"
....
Calumet 4 Heola
16* Cambria Steel, 84% paid . . . ( Phila. ) . . . 50
51 Consolidated Gas
(Bait.) ....100
40
...(Boston)... .100
Dominion Coal
97* Brie Telephone
"
....100
10
25
.
.
38% 32%
53
9%
Federal Steel
Lehigh Coal 4 Navigation. .
"
....100
(Phlla.) .... 50
.
"
....100
9% Marsden CoT
New Bng. Cotton Yarn, pref .(Boston) .... 100
131
"
138 136
New England Telephone
....100
19
18
18
13
"
18
18% 18% 19* 19* Old Dominion Copper t....
.... 25
3
3*
8* a«
3* 2*
2* 3*
3* 3*
8* 3* Philadelphia Bleo. T 2* paid (Phlla.)
1T5 115* 114% 114% 115*115* 115 115
"
115* 115* 115 115
United Gas Improvement H.
.... 50
•18* 19
18* 18* 18* 13* 18* 18* 18* 1854 18* 18* United States Oil....
.(Boston).... 25
185
•18
9
9
97
97
98
18
9%
98
124
19
125* 133* 123* 184
96
98
121
93
181
•J6
134
. .
.
•
•
••••••
•43
46
63
•
63
63
•Bid and aikedprloes
INACTIVE STOCKS
.....
'
63
63
Bid.
MISOBLL.—Concluded.
VawEugGs&C t (Bost) ....
"
100
15
63
"
100
"
100 160
"
100 370
OonaolTrPittaT(PhU) 50
• •• ••
"
50
PreM
a a a a
100
(Bait)
40
South
Fla.
4
da
"
93
100
1st pref
-'
100
70
8d pref
B'rmant'n Pass(PhU) 50 148
"
50
49
Hestonv
4T
50
Pref
78%
"
100
Inds Street
FtS4M..(Bost)100 15
"
80
Pref
100
Little Sehuylk.(Phll) 50 ••••••
Main* Central. (Bost)lOO 160
MlnehUl 4SH.(PhlO 50
54
Nesquehon'g Y. "
50
50 105*
North Penn.... "
Pere Marqu'te.(Bost)l00
32%
"
Pref.
100
68*
Phil Germ * *».(PhU) 50 154
Rys Co General 1 "
8*
Seaboard w.l. (Bait)
8
Pref w. L.....
33*
United N J... (Phil) 100 871
CnPow4 Trans "
85
38
United Tr of P. "
50
a I II
"
Pre!
50
West Bnd pref. (Bost) 50 113
s
a
94%
WestJer4SS.(Phil)
"
"
Pref
84
••*••
113%
66
48
13o
11%
7%
••
Baltic Mining.,
Beth Steel
(Phil)
Boston Bleo Lt-(Bost) 100
Cambria lion.. (Phil) 50
Canton Co
(Bait) 100
Centen Mining. (Bost) 35
"
Central Oil
25
Con. Lake Sup. (Phil)
Pref
"
Danv.Bessemer "
"
Dlam State St
Domln Coal pf .(Bost)100
BdlsonB! 111... "
100
Hie Co of Ami. (Phil) 50
franklin Mln'g.(Boet) 85
General Elect. . "
100
Pref
"
100
Gen El Auto-M7(Phtl) 50
Ind-Hgry Comt(Bost)100
IntButH48M "
10
laleRoyalet.... "
85
Maneiac Rub.. (Phil) 50
Pmi
"
50
Mary landBrew. (Bait) 1 00
"
Preferred...
100
Margenthaler (Bost) 1 00
Hex Telephone
10
169
37*
98
Ilk
171
J 4.1 {
{
!
3
35
30
24
Curr't Riv 1st 5s.'87
{"97"
•
8%
30*
.39
9
3
10
26*
IH
37
a a
•
*
107"
IUln Steel oonv 5s.'10 J4J
i
113
99
87*
93
98
Debenture 5s.l9l3A40
{
8%
•
ei •
• •it
3
4
13%1 16
184
185
3
3*
KCM4Blst4s..'34M&8
Inoome 5s
KC4MRy4B5s.'29 A40
KC8tJo4CB7s.'07J4J
L Rook4F S 1st 7s. '05 J&
LB4StLlst5s 1939...
M&Gen 4s 1943.,
Mar H 4 Ont 6s...' 25 A40
Mex Cent 4s g. .1911 J4J
1st oon lno 3s g non-oum
3d oon lno 3s non-oum.
1st 6s tunnel 1911..J4J
Bal Trao 1st 5s.l929M4N
98
64
3103
May
May
Jan.
38* July
29%
15
29
Jan.
Jan.
Jan.
Apr. 37
Feb. 14
Feb. 15
79%
10%
14* Mar. 19
82* June 28 100 Jan. 29
is* j in e 33 63* Apr. 4
1,701)
70* June 85 77* Apr. 13
45 303 Jan. 13 309* May 1
1,774 63* June 37 71* Apr. 5
1,851
75
43S
89
550 95 Jan
2 99
Feb. 6
60 8 l-l« June20 10 9-16Apr. 5
4,900 24 9-ltt.lan.iO
600 13 Jan. 10
7,300 14% Jan.
9
509
416
873
70* June 25
35% May
33* Apr.
17% Apr.
5
Apr. 4
Apr. 4
Mar. 31
Mar. 80
May 8
Mar. 9
60%
78
40%
19*
34 Jan.
37*
159 91* May 29 94*
391
200
84
5,807
15% Jan.
9
8
9
81*
Jan.
97* Apr.
20
70
June 2;
i5
May
1% Aug
%
i)3
80*
8
l
1*
Jan* 15
Mar. 9
2
Jan.
5
Mar. ,21
Jan. 19
Jan.
3
Jan.
4
Jan. \o
80,926 95*
137*
133 107 Mar. 2 118
789 140 June 2H 15. May
3,595
»3% May 14
4% Feb.
328 251 Jan. 18 330
Apr.
285 43 Jan. 2 85* Apr.
13 695
May 39 770 Feb,
3,63^ 14* June 86 ?'% Feb.
195 50 Mar. 5 62* June
Mar.
632 38* Jane 35 51
83 95 June 89 133
Feb.
1,687 29* Ju e 25 57% Feb.
8
43 Jan.
54% May
3,085
6* Mar. 8 13 Jan.
110 98* J.ly 16 103* Mar.
99 122 July 18 140 Jan.
215 14 Mar. 14 34% Apr.
3 July 30
17,184
6* Jan.
379 U07 Mav 18 160* Jan.
48C 14* June 31 35 Jan.
40 Jan. 6 50 Mar.
• • t • ••
40 Jan. 12 43* Apr.
Mar.
5 «6
31 61
Jan.
t «50 paid in. I S 5 paid.
19
5
1
BONDS
Bid
8
8
16
3
18
SI
38
6
18
93
97
8
4
9
11
8
27
35
88
Ash.
WestVaC4Plst6g.'l 1J4J
Wil 4 Weld Ss. 1935 J&J
.
112
115
Bonds— Philadelphia
AlleVyBext7sl910A&O 138
Asphalt Co 5s tr otfs. ....
78%
Atl City 1st 5sg..'19
M&N
•
Ter 1st 5s. 1936 J&D
Berg&BBrewlst6s'31J4J
Mill
•
• a
116%
Mill
98
94
51
a a
117%
Mill
Ext 4 Imp 6s.l901M4S 103
No BaltDiv 5s.l942J4D 117*
Conv'rtlble 5sl906M4N
Central Ry 6s.. .1913 J4J
Consol 5
1933
100% Mill
116*
Mill
Ext 4 Imp 58.1933M4S 117%
• • a • »
Chas City Ry 1st 5s '83J&J
City48ub(Wash)lst5s'48
Col4Grnvlst5-6.1917J4J
Consol Gaa 6s.. 1910 J4D
5s
1939 J4D
104* 105*
a
GeorgtaPlst5-6s 1923J4J
GaSo4Fla lst5s.l945J4J
Greater Seaboard otfs....
a •
a
US
Mill
114
113
113%
103*
• a a a a
103
108%
KnoxvTrac lst5s '38A40 98 100
Lake R El lst«u5s'43M48 U7* a a 1*
Maryland Brewing 6s ...
66* 67*
MetSt(Wash)lst5s'25FA 133 134
New Orl Gas 1st 5s...Var • a a a a Mill
a
•
NewpN40Plst5s'38M4N
••••*»
Norfolk St 1st 5s '44.J4J
North Cent 4*s.l 935 A40
6s 1900
A40
6s gold 1900.
J4J
108*
6s 1904
J&J
Series
5s 1926.... J4J
Series B 5s 1926... .J&J
Pitt Un Trao 5s.l997 J4J
108
•
Mill
Mill
Mill
HUM
119*
119*
110
98
.111*1
'Mill
'••••I
a •*••
PotomVal lst5s.l941J4J
8ecAvTn(Pltts)5s'34J&D 118* Mill
Sav Fla 4 West 5s 34 A40 113% a a *
Seaboard loan certfs ..,,. 117
118
Seab & Roan 5s.l«28 J&J 104* 106
UuBl L.4Plst4*s'39M4N
90
88
Un Ry * Bl lst4s'40.M4S 98% 99
Inoome 4s 1949....J4D 71% 71%
Vlrg Mid 1st 68.1906 M&8 110
3d series 6s.. 1911 M48 180
a ••••
3d series 6s. .1916 M4S 119
4th ser 3-4-5S.1931M4S no
•
"es"
*
H8
3104
106
1118
{ 79
80
26* 87*
12* 13*
5th series 5s.l936
M48 113*
Va (State) 3s new.'32J4J
Fund debt2-3s.l991J4J
90
89
•
118
108
106
Milt
•
•III
•M||
l'S% 104
117
ISO
122% 183
128
188%
New'kConGas5s'48J&D 108% Mill
Newark Pass oon 5s. 1930 mii: ail* I
NYPhU&Norlst4s '39J&J
ail
"ST
80
Inoome 4s. .1939 M&N
M*N
No Penn 1st 4s..'36
>•«•
1903J&J 109% m aa
GenM7s
Penn gen 6s r... 1910 Var 136
Consol 6s
J&D
•
•
• • a
Consol 6s 0.... 1905 Var 112
Consol 5s r ... 19 1 9 Var
•
a
mi
90%
•
.
91
Penn 4 Md Steel oon 6a.
Pa 4 N Y Can 7s..'06 J4D 117
A40 no*
A40
Penn Steel IstSs.' 17 M&N
Cons 5s
Cons 4s
1939
1939
People's Tr tr certs 4s.'43
Bleo gold trust otfs
Trust certfs 4s
PhUa
113
•
{
73
Mill
•
109*
•
110%
1910 M&S
1923 J&D
2d 7s
108
.
131
•
Inoome 5s.... 2862 A40
Bq 111 Gas-L 1st g Ss.1928
Hestonv M 4 F oon 5s.'24
H4 B Top con 5s.'35 A tu
Indianapolis Ry 4s.. 1933
E C Sub B 1st 6s..'20 J&D
Lehigh Nav 4*s. .'14 Q-J
1914 Q-F
RR4sg,
Gen M 4%s g.. 1924 Q-F
Leh VC'llst5sg.'33J4J
Leh Yal ext 4s.. 1948 J4D
Annuity 6s
105
117
Ga 4Alalstpf5sl945A40 105
GaCar4Nl st5s g. 1 939 J4J 103
A
98* 99*
99
99*
KCC4 81st5sg.'35 A40 99
K C Ft S4G 1st 7s.'08 J4D {113
KCF S4Mcon 6s.'28M4N 3110*
Jan.
'
•
3
)3%
"
*
80
50
1 •
115
3U8
13
130
138
116
103
86
Apr. 9
Feb. 5
Apr. 18
Jan.
4
139* July 8
Cambria Iron 6S.1917J&J
Ches&D Can 1 st5s. 1 6 J &.)
ChooOk&G gen 5s'19J&J
a a a «
{100*
A40 i 90
15% DGR4Wlst4s.'46 A40 i 97
89
Domln Coal lst6s.'13M48 {III
6
Bast'n 1st M 6s g.*06 M43 4114%
Fr Elk4M Y 1st 6s '33 end {187
1HS
•»
Unst'p'd 1st 6s.'33 A40 {136*
3%
118
805
•
99% 100
9»% 100*
83* 84
"47"
5
a
133* Apr.
142
127
35
45
Mar.
Balls
Balt&Plst6sml 1911A40
M4N
• a • • a
• a a • • a
2103
WM
Chi 4
gen 5s.'31 J4D
Con. of Verm't 4s.'13 J4J
16
17
37%
39"
•
3II8
2106
{100
88
18
30 3* Jan.
BBoroGaslst58.'38M&^
•
AT4SFgeng4s.'95A40
71* 78%
aa
105
ChasRyG4B15s'99M4S
98
CharlC4A ext5s.l910J4J 105*
3* 3
38* 89% City4Sub lst5s.l922J4D 115% 116*
85
BosUnGaslst5s.'39J4J
1939 J4J
3dM5s
Bur4 Mo Riv ex'pt 6s. J 4.1
Non-exempt 6s. '18 J4J
Plain 4s
1910 J4J
Ch Bur 4Q4S.1983F4A
IowaDiv 4s. 1919 A40
Chicago Juno 5s.l915J4J
Ch 4 No M gu 5s. '31 M4N
U4%
• •
Jan.
Jan.
Apr.
Jan.
a a a
• a
37
"
•aaaaa
•
13
17
•
1
Bonda— Boston.
a a a a
Cll.lll
119*
July
July
145* Apr.
249 Apr.
Baltimore— Couoiu'd,
WestN Coon 6s. 1914 J4J 116%
1103% 104*
1 64
65
{100
3103
84*
254
105
105%
Bonds— Baltimore.
Anacostia 4 Pot
MM,
5s 100* 101% Cit'8*8tRy(Ind)con 5s.'33
Atl 4 Ch 1st 78.1907 J4J U5*
Colum St Ry l8toon5s.'3ii
1
AtlG-Llghtlst5sl917J4D 108*
Con Trac of N J 1st 5s..*33
III
187'
Atl Coast L otfs 5s J4D
Del & B Bk lst7s.'05 F&A 116
a«a«t
••
Bait Beit 1st 5s. 1 990M4N
at
Hill Bast&A 1st M 5s. '20 M&N 113%
BaltCPaslst 58.191 1M4N 109*
"Ml
Edison Elec 5s stk tr otfs.
Bait Fundg 58.1916 M&N 135
28
Bleo4 Peop's Tr stk tr otfs "99% 100
•aeata
Exchange 3*s.l930J4J 111% Mill Elm&Wilm 1st 6s. '10 J4J
38*
93
29
Adjustment g 4s.. 1995 i
Boston Term'l 3*s. .1947 |ll4
30* 80%
3* 4
33* 34
80* 81
14%
Axoadlan
(Bost)
Arnold Mining. "
"
Atlantic Mtn'g.
*9*
i
Wolverine Min.
J4J
1.
Rutland 1st 6s.. '03 M4N 3108
Torrington 1st 5s 1918.. <
West End St 5s. .'03 M&N 3103
4*s
1914 M48 I
Deb 4s
1916 M4N {
. .
USPHorseCol.(Phli)
Utah Mining.. (Bost) 4-85 "88*
Warwick I 4 8. (Phil) 10
7%
Welsbaoh Coml " 100 a a aa
"
PrefT
100 Mill
Westm rel Coal "
50 an ia
AmBeilTel4s..l908
37
Amer. Dementi (Phil)
*
8%
"
1st mort6s.. ..1905
rights
135
8
196
Winona Mlnlng(Bost) 85
125
Alloues Minlng(Bost)
138
s
14%
13
100
Wor Nash 4 R. " 100
MISCELLANEOUS,
. .
8*
41%
• a a a a a
UnBiL4Pow pf (Bait)
23* Un Shoe Maoh..(Bost)
"
59*
Pref....,
•••••«
Wis Cent, new. (Bost) 100
5a
.
US Mining....
N BCotYarn 5s 1929F4A
NB Gas 4 Cist 5s.. 1937
s
New Bng Tele 6s.'99 A40
1907 A40
67%
6s
N Y4N Eng 1st 7s.'05 J4J
41
•••••
,,,,,
16
67
"
Tidewater St.
Torrington "A" (Bost)
"
Pref
CnCopL4M'g "
.
68*
850
Ask.
Bid.
"2*
2
a
.
162
iEx
BONDS
5
50
50
....
....
"
Boston— Concluded.
NewEng con gen5s'45J4J
• • • • a •
"
"
TelepTel4C..(Phtl)
•
(Boston)
. .
Ask.
15
5
Dredg(Bost) 10
85
• •
*
M
•
So AmG
Bid.
S.(Phll)
80
••••••
a
KG
NewHavI4
35
Old Col Mining.
25
Osceola Mining.
Palmetto Co.... (Phil) 35
Parrott Sil4Cop(Bost) 10
Penn Bleo Veh. (Phil) 50
"
50
Pref
Pennsyl Salt... "
50
Pennsyl SteelU. "
"
PrefT
100
Qulncy Mining. (Bost) 85
Rhode Isl Mtn. (Bost)
Santa Ysabel G "
9usqueI4 8U..(PhU)
Tamarack Mtn. (Boat)
16
65
00ira4Passum
Oonn River....
(Phila.)....
4 Mfg.
i
STOCKS BONDS
305
Welsbaoh Light T
West ingh. Blectrto
Preferred
a 39 9-16 39 i-16
3.
;
45
83
63
63
Ask.
163
Central Mass...
Pref
WestNY4Pa.
63
no sale »a made.
RAILROADS.— Price* Aug.
All 4 Oharlotte(Balt) 100 lib
Bos4Mainepf.(Bost)10C 160
100 303
Boston 4 Prov. "
1,153
Highest
Mar.
Mar.
85 13l
3 122
100 89
20 39
137 110
Miscellaneous Stocks.
(Boston).... 100
89* Arialgamated Copper!
53
«%
....100
....100
"
....100
"
....100
....100
"
Gulf.. (PhllaJ.... 50
23
76
89
•33
75«
54*
55
•96
24
31
75
63
55
97
33
5 $*
25* *5% Lehigh
87%
87
23*
299
56
39*
25*
2)
1%
1«*
•29% 30* Choctaw Oklahoma 4
•39% 40* Preferred
137 187
Fitchburg, pref
.... 1 00
"
"
"
. .
•
8
399
61
740
•63
•735
143
318
Lowest.
333 $3
87 338
129 1 95
10 341
10 187
•
133H 119* 121% 131
117
116
116* 117
144* 144 141
143*
10* 10* 10* 10* 10*
118
.
.
130
117
144
1311* 13496
116% 116*
144* 145
144% 145
10* 10% 10* 10*
•117
1%
Shares
8<
16* 16*
16* 16*
U Indicates unlisted.
349
345
Range of Sales in 1900.
of the
Week.
Valley
Massachusetts Elect. Cos. T.(Boston)....100
'*
....100
78* 76* 75<
Preferred*
•12
13
12* 13* Mexican Central
"
....100
87
(Bait.) .... 50
37* Northern Central....
87% 87%
5i
(Phlla.) ....100
51
51% 51% Northern Paolflo
•71* 71* •71% 73
"
....100
Preferred
(Boston).... 100
205 805 2)5 207 Old Colony
61
(Phlla.).... 50
84* 64* 64* Pennsylvania
"
98
.... 50
97% 97% 98
,
Philadelphia Traotion
"
.... 50
8* •8% 8* Reading Company
•
•29% 89% 29 13-18 3U 1st preferred.
"
.... 50
14 7-16
14 1-18
"
.... 50
3d preferred
(Boston).... 100
58% 59* 59% 60* Union Paolflo
76
76* Preferred
"
75* 76
....100
87
37
87
87
Union Traotion, * 1 7% paid. (Phlla.).... 50
16* 16* United Ry 4 Eleo. Co
(Bait.) .... 50
a aic •••itt
36
"
.... 50
• * * •
linn 35
Preferred
94
...(Boston).... 50
93* 93* •93
West find Street
84
16* 18*
Sales
ACTIVE STOCKS.
Rallrond Stocks.
33* Amerloan Railways 1........ (Phila.).... 50
(Boston).. ..100
Boston & Albany
32
348
137
23
12
a a I I
Daily and Yearly Record.
Boston Elevated, full paid
Boston * Lowell
189 189
190
Boston & Maine
128* 128* 137* Chlo. Burl. & Quinoy
'135
136
136
Chlo. Juno. * On. Stook Yds.
'124
125
135
Preferred
•25
87* 87%
51* 51*
16
14*
57* 68*
75* 75J4
137
•71* 71*
14*
57
57
75
87
5<
125
40
137
18
63% 61*
97* 97*
8
•135
25* 25*
23* 21*
76
76*
•8894
63* 64
133
125
40
137
50% 50% 50 * '50%
•7'* 71* •71* 71*
205 205
305 305
•37% 98
8% •3% 8*
39 11-18
•14*
•57% 57%
189
135* 136* 126
•185
•133
12
12
2.
229
Exchanges— A
Friday,
Aug. 3.
xl41*14l% 141* 141* 143
25* "85%
24
24*
76
76*
35* 85%
34
76
805
64
33
349
38
*......
A ug.
1.
•
•26* 85%
•88* 35
78
33
350
33
» . a
.
THE CHRONICLE.
1900.
Boston, Philadelphia and Baltimore Stock
sii are Prlcea-Not Per Centum Price*.
'
a
106%
1C0*
65*
sail
HUM
•
•
Mill
Mill
•
•••I
ailM
sum
Ph&Br gen M 5g.'20 A&O 181
Gen M 4s g. .1920 A&O 109
Ph & Read 2d 5s.'33 A&O 138
Consol M 7s.. 191 1 J&L 139
Con M 6s g... 1911 J&L
BxtImpM4sg.'47 A&( 105*
Con M of '82 4s.'37 J&. 104*
Terminal 5s g.1941 Q-»
134* 135
P Wll & Bait 4s. 1 9 1 7 A&o
CoUattrust 4s.l921 J&J 108*
Pitts C48t L 78.1900 F* a 103%
a a
ill
Mill
Read Co gen 4s, 1997 J&J
ill
Rochester Ry oon 5s. 1930 107%
an**
SohRBSldelst5sg'35J&D 110
a
SoranTrao 1st 6s '32M&N
Union Term'l lit 5s. F&A
United N J 4s. .1944 M&c
UnTracPltts gen5s'97J4J
lAnd
interest.
.
Mill
116
113*
Sill*
llllt
t»l'B- paid,
•Prioe includes overdue OOUDO ns.
....
4
..
..
.
2
THE CHRONICLE.
230
[Vol. LXXI.
nn& Railroad %n\zl\i%zntz.
RAILROAD EARNINGS.
[mrjestrnjeut
The following table shows the gross earnings of every Steam railroad from which regular weekly or monthly returns
oan be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the last two
columns the earnings for the period from January 1 to and including sach latest week or month.
The returns of the street railways are brought together separately on a subsequent page.
Latest Gross Earnings.
ROADS.
Week or Mo Current
Year.
Adirondack
Ala. Gt. South..
Ala. Midland...
Ala.N.O.ATex.
N.O AN.E...
Ala.AVicksb
Vicks.Sh.AP.
Allegheny Val.
Ann Arbor
An.Was.ABal..
Ark. Midland...
May
3d wk July
May
Jun"
lstwk July
IstwkJuly
lstwk July
June
3d wk July
May
May
At.Vald'staAW June
Austin AN'west May
A Lehigh. May
A Ohio.... June
Bal.AO. Sou'w 4th wk J'ne
Bang'rAAro's'k May
BathAHam'nde May
Bait
Bait.
May
Benn.A Rutl'd. April
Brans w'k&W st May
Buff. R'ch.A Pitt
A
to
Latest Date
Previous
Our rent
Previous
Year.
Year.
Year.
14,123
36,891
63,168
74.739
1,092,241
405,054
77,842
1,003,932
320,878
4thwkJuly
813.553
26,000
25 000
975,964
353,15*
9.000
375,224
9.000
324.897
8.000
318.629
8 000
284.101
265,714 1,636,751 1,444,163
855.000
27.896
917,413
26,424
4.577
19,0 9
28.54 8
4,832
53 453
41,527
7,804
8.9*4
3.846,136 3.219,914 22,703,880 19.425 868
712,420
173,394 158,159
852.350
177,449
32 196
196,050
30,767
252,176
48,803
293,478
49,240
107.373
44,528
16,787
9,480
53,094
12.830
11.004
62,779
11,610
10.8*4
3.095,628 2,556,30 7 17.822,347 13,896,123
176.137 168.X96 3,460,093 3,177,437
507,62b
400,025
107,032
86,301
9,248
1,814
9,200
1,867
11,701
3,934
20,397
2.229
2^,352
72,022
83.457
18.807
275.976
251,156
57,433
53,313
153,942
86,668 3,193,350 2,065,161
46.382
298,682
352,49
57,833
76,474
84,184 2,486.05 1 2,435,495
531,000 543,000 15,842,798 14,320,362
8usQ June
Bur.C.Bap.AN. 3d wk July
Canadian Pao. 3d wk July
Cedar Rapids
10.517
Garner & N'w. April
12,741
2,572
1,734
134,565
Cent, of Georgia 3d wk July
97,728 3,293,849 2,898,973
55.774
312,0.16
339,851
Central N. E... June
64.508
1.353,21- 1,250,656 7,389,591 6,771,459
Central of N. J. June
1,420.707 1,412,911 6.736,941 6,380,909
Central Pacific May
830,628
Charlest'n&Bav May
63,957
357,854
70,916
2.438
Chattan'gaSo.. 3d wk Tuly
54,367
40,850
1,819
Ches. AOhio.... 3d wk July
271,711 249,597 7,288,956 6,466,161
625.852 517.756
Chio. & Alton.. May
3.994,910 3.761,825 22.023,743 20.077,231
Ohio. Bar. AQ. June
91.241 2,754,129 2,497,912
Chic A East. 111. 3d .vk July 108,364
123,480 103,434 3.584. *42 3.2i8,957
Ohio. Gt. West'u 3d wk July
74,322
Chlc.Ind.AL... 3d wk July
78,3y7 2,238,505 1,931,123
Chio.Mil.&St.P. 4thwkJuly 1,110,024 1,025,546 22,518,668 21,364,752
Chic A N'thw'n. une
3,688,173 3,635,305 .20,066,048 18,499,375
Chlo.Peo.&8t.L
June...
90,469 103,723
708,074
581,749
St.L.C.ASt.P.
Chlo.R'kl. A P. June
2.001,489 1,772,529 10,994,731 9.602.052
788,4o5 860.083 4,501,722 4,595.866
Chlo.8t.P.M.<feO June
28,049
Chlo.Ter.Tr.RR 3d wk July
702.836
24,632
688,6*4
*236,000 *102 000 *1,314,435
Choo.Ok.AGuli July
*880,168
93,112
Cin.N.O.AT.P. 3d wk July
87,207 2,793,386 2,47t,304
Cln.Ports.AVir. June
33.024
27,085
175,147
140,699
Cl.O.Oh.ASt.L. 3d wk July 297,301
289,569 9,019,868 7.804.>21
Peo. A East'n. 3d wk July
35,437
88.267 1.309.999 1,038,811
3*5,213
Cl.Lor.AvVheel. 3d wk July
36,367 1,198.394
929,308
Col. Midland.... June
192,793 184,944 1,107,338
£0l,<;71
Colorado & 80. May
328,672 322,454 1,668,268 1,478,673
Col.New.A Lau May
12,461
10,727
78,669
69,185
21,649
Col.Sand'yAH. 2d wk July
19,493
590,062
386,137
Corn-wall ALub. May
24,843
19,277
127.071
87,729
CumbTd Valley May
74,239
73,047
368,046
323,936
Denv.ARioGr.. 3d wk July 212,700 147,300 5,544,9.25 4,836,568
DenverASo'w'n May
209,988
183.516 1,049,494
796,799
Det.AMackinao May
84.055
388,257
66,533
293,991
DuluthS.S.AAtl 3d wk July
51,472
56,424 1,397.664 1,189,607
E. St L. A Car.. Jane
13,062
11,846
79,593
67,574
ElginJol.&East June
161,761
144,039
989,146
856,912
Erie.
May
3,151,117 2,992,759 14,606,965 13,157,726
Eureka Springs Mareh
8,867
4,646
Ev'ns.AIncTplis 3d wk July
6,080
7,456
172,517
185,761
Evansv.AT.H. 3d wk July
25,293
28.189
744.627
727,053
Find. Ft.W.AW. June
7,700
10,260
47,282
48,804
Fla.Cent.APen. Mdwk Mar.
50,157
49,832
581,9*6
556,476
Ft W. A Den.
125,669 132,228
May
600,925
604,067
Ft.W.ARioGr.. 3d wk July
6,841
248 467
7,517
253,117
Gads. AAtt.U.. June
1,392
837
7,188
4.2*7
Georgia RR
8dwkJuly
28,115
24,715
906,009
850,960
Georgia A Ala.. lune
87,729
82,630
639,969
577,931
90.103
Geo. So. A Fla. June
88,033
594,513
467,237
GllaVal.G.AN. May
45,617
42,694
155,504
181.6b0
Gr.Tr'nkSyBt'm 3d wk July 425,540 420, 38 12,086,718 11,282,214
Det.G.H.AM. 2d wk July
19,980
20,635
485,072
481,800
Buffalo
C
i
GreatNorth'n—
St. P. M. A M.. June
East of Minn June
Montana Cent June
Tot. system. June.......
G'lfB'mntAK.C May
Gulf AInter-S.. March
Hooking Valley 4thwkJuly
Hoos.ATex.Cen May
Illinois Central. June
IndDee. A West March
Ind.Ill.AIowa.
May
Iowa
4thwkJuly
In.AOt.N'rtb'ii 3d wk July
llnteroo. (Mex.) Wk July 14
Central...
Iron Railway.. June
Kanaw'aAMloli 8d wk July
K.O.F.So'ttAM. 3d wk July
K.O.Mem. A Blr. 3d wk July
June
Kan. C. N.
Kan. City A Om. 4thwkMay
Lehigh A Hud.. June.......
Lehigh Val.RR. June
Leb. V. OoalOo June
W
.
Latest Gross Earnings
Roads.
$
13,557
35.285
68,909
Pao.
Atoh.T.AS.Fe. June
Atlanta & Char. April....
Atl. Knox. A No June.....
Atlanta AW. P.. May
Bellefonte Cen.
Jan. 1
1,874,168 1,692,658 10,519,082
385,732 229,550 1,660,198
153,982
2.413,882
22,571
15.765
86,192
234,320
2,601,672
59,846
99,535
64,408
71,700
55,122
5,160
16.249
96,015
30,790
27,656
7,855
39,438
2.265,077
1.823,506
8,895,605
1,105,741
155,251
922,252
910,234
2,077,459 13,101,507 10,911,580
25,675
109.473
113,223
39,593
72,873 2,579,7^6 1,750,664
231,710 1,339,161 1,268,497
2,328,794 16,060,916 13,714,934
46,416
161,126
129,490
496.90H
86,102
425,121
64,001 1,895,095 1,937,284
69,300 2,215,600 2.139,900
63,64
1,225.527 2,212,130
5,385
36.290
27,601
10,223
440,074
345.372
85,080 3,010,569 2,512.011
21,491
925,793
767,453
27,674
180,588
150,161
6.252
97,350
92.586
42.535
239.516
242.707
2,074,519 12.122,284 10.376.270
1.551.704 8 516.265 7.9f>7.700
V!
Weekor Mo Current
Year
May
Jan. 1
to
Latest Date,
Previous
Current
Previous
Year.
Year.
Year.
21,077
135,282
91.205
489,507 1,928.221 1,907,145
lune
520,441 1,994,271 1,984.242
June
*7,167
9,160
47,975
3d wk July
31.432 1,058,011
88i,786
7
3d wk July
343.19
13,144
311,719
3d wk July
504,940 15,044,397 13,352,516
6,281
40,833
Maoon A Birm.. June
30,814
June
64.194
8.691
Manistlque
42,281
307,324 9,875,729 8,257,844
J Mexican Cent. 3d wk July
862.043 2,232,558 1,894,332
Mexioanlnter'l. May
126,847 4,465,0*2 3.789731
J Mex. National. 3d wk July
26",427
Mex. Northern. May
66.586
355.059
80,6 )0 2,519.200 2,483.000
JMexloanRy... Wk July
2d wk July
481,791
14,066
Mexican So
425,356
52,813 1,479 805 1.421,173
Minne'p.ASt.L. 3d wk July
90,337 2.647,416 2,175,497
M.St.P.AS.St.M 3d wk July
210,298 6,124,030 5,«40.i93
Mo.Kan.ATex. 3d wk July
478.000 15,228,032 13,879,951
Mo.PacAIr'nM 3d wk July
25.00
677,518
Central Br' oh. 3d wk July
597,226
3d wk July
503,000 15.905,550 14,477,177
Total
1,081
73,662
2,731
Mob.Jao.AK.0. Wk July28
39,290
June
Mobile & Ohio
e462,500 e386,039 e2,890,994 e 2,276,271
696.727
108,783
91,193
626,762
Mont.AMex G'f June
496,209 460.407 3,242,897 2,902.047
Nash.Ch.A8tL. June.
May
1.698
12,765
3.072
Nevada Central
8,791
4,526,262 4,377,715 26.031,282 28,718,868
N.Y.C.AH.R.. June
3d
wk
2.512,707
July
98,651
103,955
2,461,080
N.Y.Ont.AW..
970,207
162,189 183,647
932,001
N.Y.Susq.AW. May
3d
wk
July
7,935,460
277,244
245,401
Norfolk A West.
6.569,207
June
3.799.894
584,502
3
652,102
148,194
North'n Central
North'n Pacific 3d wk July d622,297 572,<>27 dl55398<8 13.336252
3d
wk
72«,968
July
33.690
25,535
561.890
Ohio River
2S3.394
299,049
54,323
58,405
Ohio Southern. April
794,186 711,182 4158,620 3.604,864
Oreg.Sh.Llne... June
Pao. Coast Co... April
366,348 407,334 1,462 306 1,493,519
May
352,197 303.937 1,644,541 1,519,190
PaoifloMail
7,192,835 5.766.735 40,821,311 33,14 8,911
Pennsylvania^ June
Pere Marquette 3d wk July 145,816 131,044 4.227,122 3,787,889
501.384
16,065
16,806
Peo. Deo. A Ev. 3d wk July
438,722
552,540 454,476 2.074,923 1,658,296
Phila. A Erie... May.
2,329,242 1,899,702 10,699,751 8 989,929
Phila. A Read.. May,
1,817,801 1,449,570 8,916,958 9,087,149
Coal A Ir. Co May.
4,147.043 3,349.272 19,616,709 18.077,078
Tot.both Co's. May.
1,018,217 945,817 5,439,111 4,995,011
Phil. Wilm.AB. June
Pitts. C.O.ASt.L June.
1,528,787 1,457,389 9,383.514 8,116,259
58.316
59,220 1,129,568
782,887
Pitts.Bes.AL.E. 3d wk July
76,584
17,139
18,196
Pitt. Ch.AY'ny. May
63,008
29,003
4,809
4,088
Pitts.Lisb AWn June
22,854
179,692
43,873
Pitts. Sha.ANo ADril
35,206
38.388 1,184,679 1,038,675
Pitts.AWest'n. 3d wk July
20,002
21,104
688,914
542,358
Pitts.Cl.ATol. 3d wk July
10,110
263,246
Pitts. Pa. A F. 3d wk July
10,66
223,143
65,318
70,154 2,154,651 1,810,180
Total system 3d wk July
123,040 112,505
436,307
Rioh.Fr'ksbAP. May
378,115
192,143
40,394
37,963
Rio Grande Jot. May
136,297
Rio Grande 80. 3d wk July
281,193
9,843
6,604
247,027
94,700
64,900 2,493,352 1,822,443
Rio Gr'de West. 3d wk July
42.609
35,755
749,817
740,305
St. Jos. A Gr. I. 4thwkJuly
7,000
8,552
47,500
St.L.Ken'etASo June
43,988
931,466
161,036
147,900
St.L.Van.AT.H. June
836,261
160,404 123,185 4,284,572 3,894,282
St.L.A8anFran. 8dwk July
113,600 103,800 3,006.035 2,912,787
St.L. Southwest 3d wk July
137,939 154,461
625,891
St.PaulADul... May
637,279
147,889
722,310
136,508
San.Ant. AA.P. May
662,037
425,003
414.352
95,555
90,240
SanFran.AN.P June
18,592
562,495
16,466
486.952
S.FePres.APh. id wk July
350,608 323,074 1,993,829 1,565,247
8av.Fla.AWest. May
173,082
9,439
9.465
8her.8hrev.A80 4thwkJ'ne
150,254
122,312
30,053
29,034
133,220
SiLSprs.O.AG. May
16,794
14.675
128,383
110,589
So. C.& Ga.Ext. June
3.941
2,860
15,020
80. Haven A E.. May
11,756
12,215
81,546
9,867
55.098
80. Miss. A Ark. June
5,062,276 4,931,524 24,892.448 22,747,084
So.PacifloCo.ft. May
1,420,707 1,412,911 6,736,941 6,380,909
Cent. Pacific. May
513,016
560,168 2,550,491 2,350,257
Gal.Har.AS.A May
566,135
Louls'a. West. May .......
107,682 109,694
597,625
552,843 570,536 2,742,727 2,815,317
Morgan'sLAT May
22,329
20,524
109,298
102.669
N.Y.T. A Mex. May
172 980 164,485
830,356
Tex.AN.Orl.. May
798,058
1,390,265 1,270,437 7,041,849 5,903,129
So.Pao.ofOal. May
302,565 301,697 1,632,874 1,454,500
So.P'cofArlz. May
174,441
861,478
824,501
So.PacofN.M May
177,927
Southern Ry.... -<dwk July 588.453 527,230 16,979,754 14,997,727
2,160
2,371
7.074
6,427
StonyCl.AC.Mt May
127,529 117,306
TerreH.AInd.. June
778,577
675,231
39,801
33,775
230,785
180,655
TerreH.APeor. June
7,108
4,547
176,497
145,021
Texas Central. 3d wk July
TexasAPaoitic 3d wk July 180,828 132,506 4,418.971 4,110,392
7,000
5,000
46,580
Tex.8.V.A N.W. June
28,650
47,078
37,586 1,357,448 1,005,830
Tol.AOhloCent 3d wk July
3d
wk
July
26,468
19.211
685,203
51»,797
Tol.P.AWest...
37.225
42.036
965,729 1,038.170
Tol.StL.AK.C. 3d wk July
June
1,898.383 1,762,754 10,531,825 9,296,184
Union Pao. RR..
4thwkJuly 462 217 446,245 9,141,434 8,259,037
Wabash
June
326,324
294.124 1,401,152 1,224,252
W.J'rseyASea'e
133,714 116,004
515,639
W.V.Cen.APitt May
692,667
'May
53,186
273,659
55,481
310,337
Western of Ala.
wk
3d
July
82,300
1.818.9S9
76,700
West.N.Y.APa.
1,961.456
47.479
48,432 1,106,779
907,559
Wheel. A L. Erie 4thwkJuly
24,950
403,782
20,170
467,498
Clev.C.ASo.. 4th wk J uly
4thwkJuly
72,429
68,602 1,563,765! 1,311,341
Total
Wisconsin Cent. 4thwkJuly 139,392 156,273 3,046,648 2,965,399
11,455
62.0S9
Wrlghtsv.AT'n. June
10,462
79,594
290.752 304,054 2,287,030 2,152,260
YazooAMiss. V. June
30,785
7,771
7,264
York Southern.. May
35,336
Lex'gtonA East
LonglslandRR.
Long Is. System
Los Ang. Term.
Louis.Ev.ASt.L
Lou. H. & 8t. L.
Louis. A Nashv.
June
1
31.876
477.548
504,733
12.215
33,641
13.637
516,225
7,003
14,904
287,541
451,680
137,3*6
56,240
76.400
15,26
57,149
82,427
217,742
540,000
31,000
571,000
s
.
Figures from June 1 are for the railroad only. \ Mexican ourrenoy. 5 Covers results of lines directly operated east of Pittsburg,
Includes Chesapeake A Ohio So'western, Ohio Valley and Chloago and Texas for both years.
b Does not Include the Austin A Northwestern, the San Antonio A Aransas Pass or Houston A Texas Central system.
* Results on Montgomery Division are inolnrte* in 1900, but not for 1899
d Includes St. Paul A Duluth from July 1, 1900.
*
t
——
.
August
...
THE CHRONICLE.
4, 1900.J
1900.
Previously rep'd<55 r'ds)
Burl. Ced. Rap. & North.
Olev. Cln. Chlo.
Peoria
&
&
St. L..
Eastern
Shore & At...
Duluth 8o.
Kan. City Ft. 8. A Mem
Kan. C. Mem. ABlrm
Louisville Hend. & St. L.
Northern Pacific.........
Pere Marquette
Pittsburg <k Western
Santa Fe Prea. & Phoenix.
Texas Central
West N. Y. & Penn
Total (68 roads)
Net Increase
(6
54
7,352.436
76,474
297.301
35,437
51 472
96,015
30.790
13.637
1899.
Increase.
145.816
65,318
18.592
6.889,920
84.184
289,569
38,267
56,424
85,080
21,491
13.144
572.027
131.044
70,154
16,466
7,10j
82,300
76,700
8,894,993
8.349,017
622 297
9
616,493
Decrease.
9
153,977
7,710
.
„._
2,830
4,952
10.935
9,299
493
50 270
-
«.
*
4,836
2,126
4,54:
2,561
5,60(
720.281
545,976
o. o.)..
• >»•>*••
174,305
........
Net Earnings Monthly to Latest Dates.— The table following shows the grass and net earnings of Steam railroads
reported this week. A full detailed statement, including al
roads from which monthly returns can be obtained, is given
onoe a month in these columns, and the latest statement of
this kind will be found in the Chronicle of July 21, 1900
The
next will appear in the issue of August 25, 1900.
Net Earnings.
Gross Earnings.
Current
Previous
Ourrent Previous
,
Roads.
>
.
New Eng
..June
Tear.
Tear.
Tear.
Tear.
$
$
$
$
55,774
64,503
9,497
13.933
95,202
339,851
55.181
312,036
Jan. 1 to June 30....
209,235
678,628
146,117
704,094
July 1 to June 30....
392,148
414,843
Chesap. & Ohio a. .June 1.273/61 1.085,975
Jan. lto June 30 ... 6,533.774 5,751,140 1,895,691 1,755,775
July lto June 30.. ..13,402,070 12,009, 839 4,314.4dl 3.932,455
Ohio. Burl. AOuin.t June 3,994.910 3.761,825 1,363.410 1,311,769
Jan. lto June 30.. ..22,023,743 20,077,231 7,141,204 6,980.092
July 1 to June 30.. ..47,535,420 43,389,424 17,718,582 16,843,: 94
974,620 1,130,523
Clio. M.&St. P.a. June 3,419.205 3,395 980
Jan. 1 to June 30... 19,298,343 17,9£0,284 5,295,803 5.843.555
July 1 to June 30.. ..41,884,692 38,310,632 13,463,855 14,347,796
Cnlo.R.I.&Pae.a...June
2.C01.489
1,772,579
Jan. lto June 30.... 10,994,731 9,602,052
Apr. 1 to June 30.... 5,557,276 4,896,817
411,576
400,488
Oln. N. O. & T. P. •..June
Jan. 1 to June 30.... 2.518,967 2.22U.479
1
to
June
July
30.... 5,124,241 4,691,232
Cl.Oln.Chic.&St.L.aJune
1,459,804 1,354,242
8,130,141 6,936,114
July 1 to June 30
16,806,851 14,719,363
Peoria&East.'n a June
201,189
174,690
Jan. 1 to June 30.... 1,198,348
924,010
July 1 to June 30.... 2,356,416 1,903,217
Del. Lack. & Western b—
Apr. lto June 30.... 1,970.693 1,851,208
Jan. 1 to June 30.... 3,412,627 3,340,577
Syr. Bing. & N. Y.fo—
Apr. 1 to June 30 ...
261,194
272,687
Jan. 1 to June 30....
453,356
448,925
71P/39
Den. A R. Grande, t June
917,052
Jan. 1 to June 30
4,928,725 4,397,368
July lto June 30.... 10,246,080 9,270,248
ElPaso&No'esst-'n. June
Jan. 1 to June 30...,
Georgia. a
June
117,460
105,907
Jan. 1 to June 30....
824,Sv.O
775,906
July 1 to June 30.... 1,658,339 1,634,342
Lehigh Valley RR. a June 2,265,0 ?7 2,074,519
Jan. lto June 30.. ..12,122,264 10,376,270
Dec. 1 to June 30.. ..14,209,658 12,273,733
Lehigh V. Coal Co.a June 1,823,506 1,551,704
Jan. 1 to June 30..
8,516,265 7,957,700
Dec. lto June 30... 10,342,332 9,740,290
Mexican Central... June 1,511,795 1,248,440
Jan. 1 to June 30... 8,979,974 7,369,434
Jan. 1 to June 30
947,162
1,571,018
1,971,425
1,257,225
Jan. 1 to June 3o....40,'821,'311 33,148,'911 12,243,350 8,483,350
West of Pitts.&F. June
101,800
Inc.
Inc. 332,400
Jan. lto June 30
761,000
Ino.3,698,100
Inc.
Pere Marquette.a.May
120,963
135,275
593,278
579,804
691,948
2,852,012
Phil. Wilm.&B»lt.l) June 1,018,217
298,535
318,335
945,817
Jan. 1 to June 30.... 5,4^-9,111 4,995,011 l,4>>6,960 1,391,860
Nov. 1 to June 30.... 7,350,373 6,660,173 2,136,859 1,891,259
Bio Grande South, t June
14,720
4i.737
17,* 07
34,397
Jan. lto June 30....
106,412
109,383
252,627
225,650
July lto June 30....
237,236
247,542
491,265
529,205
Bio Grande West. b, June
119,256
201,467
455,361
302,431
6)9,6: 8
Jan. 1 to June 3u.... 2,249,252 1,626,243
839,390
July lto June 30.... 4,510,603 3,352,988 1,794,595 1,268.463
Jan. lto
,
May
648,315
31.... 3,175,897
1.261 060
586,785
3,520,236
7,226,662
18,020
109,622
1,762,754
J),296,184
20,516,038
294,124
1,224,252
after deducting taxes.
b Net earnings here given are before deducting taxes.
* After allowing for other income received net for June was $67,901, against $77,084, and from July 1 to June 30, 1900, was $632,100,
against $614,179.
t For June, 1900, taxes and rentals amounted to $135,500, against
$130,595, and from July 1 to June 80 $1,826,293, against $1,669,210,
after deducting which net for June, 1900, was $1,449,483, against
$1,061,098. From July 1 to June i0, 1900, net after deducting taxes
and rentals Is $16,884,286, against $11,237,607.
Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing, also report charges far interest, &c, with the surplus
above or deficit below those charges.
Int., rentals, etc.
<-Bal. of Net Earn' s.—k
—
.
>
Ourrent
Previous
Tear.
Tear.
9
$
]
'Jlev
June
30
ifln.Ch.&8t.i..June
July 1 to June 30
Peoria & Eastern. June
July 1 to June 30
Del Lack. & West.—
Apr.
1
to
313,000
939,000
224,313
2,866,538
35,625
442,500
325.627
976,883
216.556
2,873,710
36,799
441,369
598,804
619,249
June 30....
Syr. Bing. & N. Y.Apr. 1 to June 30
A Rio Gr'n>. June
0« n
.
July 1 to June 30
May
Marquette
Jan. 1 to
May
333,634
327,913
44,905
66.883
44,905
123,967
191,234
182,481
{132 217
169,199
2,358,744 2,333,495 11,494,462 {1,336,729
Jan. 1 to June 30
75,000
Norfolk & Western. June
187,655
July 1 to June 30.... 2,273,639
Pei e
Previous
Tear.
9
«
523,410
468,811
7,638,532 6,728 300
226,996
159.977
536,539
397,389
231,186
144,942
2.191,049 1,200,098
9,409 def.1,404
345,656
12,469
Tear.
840/00
842,958
Ohio. Bnrl.A Quinoj June
10,080,000 10,115,494
July 1 to June 30
Ohio. B. Isl. & Pao
Apr. 1 to June
Ourrent
190,701
2,241714
110,139
543,700
16,802
213.602
8,750
105,000
31
109,197
540,147
17,093
212,642
8,750
87.5C0
95,695
358,404
3,316,270
25,136
145,248
97,392
1,646,322
11,766
39,657
def.2,373
24,594
11,797
186,573
STREET RAILWAYS AND TRACTION COMPANIES.
932.438
1,508,521
Pennsylvania5,766,735
9
20,547
1 18.344
113.832
274.073
325A86
242,t 08
252,997
1,488,186 1,351.028
3,290,719 2,885,471
4,529
def. 461
80,813
24,980
764,025
787,709
4,169,290 3,485.980
9,724 685 8,574,015
100,155
92,555
284,032
271,032
24.? 80
485/04 Rio Grande South. June
539,996
1,005
3,372.285 3.042,278
July 1 to June 30....
33,940
1,475,539 1,374,272
St. Jos. & Gr. Isl'd.. June
15,630
118,212
105,912
July 1 to June £0
220,286
715,347
616.413
1,421,659 1,585,006
{ After deducting $15,000 for Renewal Fund and Bond Conversion
361.498
455,499
in June, 1900. and the same amount in June, 1899, the surplus for
2,247.491 1,809,6*4 the month is $117 217, against $54,199 a year ago; from July 1 to June
5,057,587 4,073,808 30, 1900. the surplus, after deductions for these funds, is $l,314,4b2,
35,395 against $1,156,729.
45.034
225.H79
416,873
453,838
788,156
166.137
111,783
246,720
197.950
250,474
329,398
1.705,018 1,515,-86
3,760,241 3,559,897
31.124
170,695
"17,536
*8,353
227,925
241,919
*493,b43
*541,112
381,H9
417,043
1,605,070 1,495,605
2,013,027 1,846,295
1,904
def.64,072
de 456,293 de.260,197
de.440,083 de.342,: 02
395,456
604,'?43
3,140.073 2,403,772
Minn. & St. Louis.a. June
77,355
258,049
83.891
217,624
430,371
Jan. 1 to June 30
492,925
1,315,899 1,259,112
977,^99
July lto June 30... 2,863,308 2,500,005 1,163,924
288,093
Norfolk &West'n. a. June 1,310,888 1,010,684
546,059
Jan. 1 to June 30
7,15j,610 5,886,632 2,803,205 1,811,697
July lto June 30.. ..14,091,005 11,827,140 5,589,909 3,888,036
136,615
Northern Central, b June
171,715
652,102
584,502
653,284
Jan. lto June 30.... 3,799,894 3,148,194
992,784
Lines direotly operated
East of Pitts. &E June 7,192.835
Tear.
9
112.832
608.227
.
Net Earnings.^—*
Current Previous
.
Tear.
9
9
Roads.
Atoh.Top.&S.Fe.b June 3,846,136 3,219,914 tl,584.9S3 11,191.693
K
Jan. 1 to June3o.. ..22,703,880 19.425,868 9,367,898 6, 17,537
July lto June 30.. .. 46,232,079 40,513,499tl8710.579tl2906,817
Canadian Pacific. a. June 2,612.760 2,362,278 1,057. f 06 1,023,060
Jan. lto June 30 .. 14,167 798 12,688,362 5,277,947 5,022,253
Central
*
a Net earnings here given are
14,772
w -
Roads.
Jos. & Gd. rsl.a. Juno
110,270
643,390
Jan. 1 to Juno 30....
July 1 to June 30... 1.404.C95
641,941
St. Louis&San Fr.b.June
Jan. lto June 30.... 3.828,792
7,983,246
July lto June 30
22,958
Tdxae Central. a... May
131,696
Jan. 1 to May 31
'nlor Pao. Ry.a... June 1,898,383
10,531,825
Jan. 1 to June 30
23,046,907
July 1 to June 30
326,324
V. Jersey* Seash.b June
1,401,152
Jan. 1 to June 30
St.
7,732
PM
Oross Earnings.
Ourrent
Previous
Tear.
Tear.
.
over the same week last year.
ot July.
231
—
The latest weekly earnseparately
summed
up as follows:
ings in the foregoing are
final statement covers
|S For the third week of July our
<58 roads, and shows 654 per cent increase in the aggregate
"Latest Gross Earnings by Weeks.
3d week
—
.
The following table shows the gross earnings for the latest
from which we are able to obtain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads that is, the
first two columns of figures give the gross earnings for the
latest week or month, and the last two columns the earnings
for the calendar year from January 1 to and including such
latest week or month.
STREET RAILWAYS AND TRACTION COMPANIES.
period of all street railways
—
Latest Oross Earnings.
Gross
Earnings.
Amsterdam
St.
Ry
Jan. 1
to Latest
Prev'us Current
Week or Mo Our'nt
Tear.
Tear.
Tear.
Date
Previous
Tear.
$
. .
Atlanta Ry. <fe Power.
Ballston Terminal .
Blnghamton St. Ry..
Br'klyn Rap.Tr. Co.
Chioago & Mil. Elec
Chloago Union Tract.
Oln. Newp. & Gov. .
City Elec (Rome.Ga.)
Cleveland Electric..
Cleve. Palnsv. & E...
Col. Sp'gs Rap.Trans.
Ool ambus (O.) Ry
Consol. Trao. (Pitts.)
.
April....
4,465
4.295
44,396
June
44 923
May.
2,906
17,201 '16,488
June.....
242,179
March...
June
June
June
June
June
June
4.297
13,850
614.952 639.165
73,947 63.141
3,005
2,754
172,542 t83,387
13,833 11224
May
16,441 12,219
June
90,166
June
247,95 217,657
Dart.&WportSt.Ry. June
7,709
8,577
Denver City Tram.. . June
114,868 105,938
Detroit Citi'ns'Bt.Ry. ithwk J'ne 40,325 34.399
Detroit Elec. Ry-.. 4th wk J'ne 13.119 10,083
.
18,7
Detroit Ft. Wayne
& Belle Isle
4th wk J'ne
Total of all
4th wk J'ne
Det. Rooh. Ro. & L.O. July
uuluth St. Ry
May
Easton Consol. Elec. June
Galveston City
May
Grand Rapids Ry
lune
Harrisburg Traction. June
Herkimer Mohawk IIion& F'kfortEl.Ry. June...
Houston Elec. St. Ry. March.
1
17,404
213,218
82,520
72,797
2,596,194 2,437.526
19.587
53.187
3,551,286 3.437,730
369.9 8 325.592
12,570
19,203
964.519 824.489
58 248
60,42
462,676
60623
43,23'/
39,098
569.637
614,876
206,530
602,390
721,765
268.79*
45,893
5,919
5,266 112,230
59.363 49,748 1,102,793
8,291
23.558 "ii'243 106,662
23,830 24,766 119,15?
85,142
18.545
48,885 44.241 238,270
31,248 31,752 159,867
95,541
916,947
25,944
20,954
47.9«6
4,177
17.456
3,404
16479
48 947
81,476
207.689
140,235
6
.
...
J
3
THE CHRONCCLE
232
Earnings.
Our'nt
Week or Jfo
Tear.
to Latest Dai*.
Jan. 1
Latest Oross Earnings.
Gross
203,389 189,428 1,007,489
915,297
66,802
85,839
54 953
Newbnrg
St.
Ry
15,7:'
13604
4.621
7,845
7,264
17,228
•
.
12 365
6 665
5,814
9,480
June
Lehigh Traction
Lima Railway (Ohio) une
London St. Ry. (Can.) May
Lorain & Cleve
Lob Angeles Tract..
Mass. Eleo. Co.'s
Metro.(Elev.)Chioago
Metrop.St.Ry.(N.Y.)
Montreal Street Ry..
Muscatine St. Ry
14,316
April
March.
June
June
June
June
514,774
123.309
1937586
168,244
May
May
May
5,334
7,9b4
New Castle Traction.
New London St. Ry.. June
April
New Orleans City
Olean
11,445
5.837
109.404
88.293
8,080
2,140
4,318
June.
Ry. & Bridge
Philadelphia Comp'j June.
Pottsv'e Union Trac. June.
Richmond Traction. June.
19,871
154,263
13,928
19,016
Northern Ohio Tract. June
Norwalk Tramway June
Ogdensburg St. Ry.. June
.
May
8t. Ry
Omaha & Coun. Blufl
28
6.561
ft
67,939
28 265
26,748
8
3K,44<)
4,913
48,rf99
52 774
8,53^
22,445
23 131
4.740
5,352
22* 41*6
23 803
7,047
37,891
48 837
13,014
462,167 2,275.682 2.017,426
80H.659 682,907
1198811 7,108,431 6,5*0.686
795,598
156,858 839.067
4,874
36",980
27.386
7,668
38.098
46.112
12,033
22,243
21,548
6.774
434 929
108.123 489.4.M
163,487
30,0ti0
188,843
26.582
28.866
7,8 '4
8,b07
8,977
1,981
17,138
18,626
3,680
946,790
55.138
77,772
180,162
237,049
151.585
215,040
126,640
96,566
48.147
599.867
Sacramento Electric
Gas&Ry
Soranton Railway -.
Southwest Mo. Elect.
Southern Ohio Tract.
Staten Island Eleo..
Toronto Ry
Twin City Rap. Tran
Union
(N. Bedford)..
29,936
June..
June..
June..
J une.
April.
June..
J une.
June..
June..
*5i!,873
21,997
25,818
13.842
122 68*
21,377
United Traot. (Pitts.) June..
United Traot. (Prov.) June.,
*
Figures rrom
Soranton
t
May
7,250
5,738
..
..
6,070
22.396
2i",59*4
&
Plttstont
& Carbondale and Carbondale Railway,
June
1 to
2t>,
Net earnings
Taxes and rentals
$18,710,573
1,826,293
$12,906,817
1,669,210
$10707,764
operations... $16,884,286
$11,237,607
$8,992,100
Income from
1899.
about
Balanoe
Dividend on
this week. In reporting these net earnings for the street
railways, we adopt the same plan as that for the steam
roads that is, we print each week all the returns received
that wee*, but once a month (on the third or the fourth
Saturday), we bring together all the roads furnishing returns, and the latest statement of this kind will be found
in the Chronicle of July 21, 1900. The next will appear
In the issue of August 24, 1900.
*- Gross Earnings.
/—Net Earnings.
Current Previous
Current Previous
—
Roads.
Grand Rapids Rv...June
Jan. 1 to June 30
Herkimer Mohawk
& Prank. El
Tear.
Tear.
9
48,885
238,270
9
9
44,241
207,689
25,905
103.782
4,177
25 944
51.202
8.080
28.866
3,404
20,954
42,178
7,834
26,582
def.1,839
7,54 8
Tear.
9
15,313
84,010
Tlion
K\ .June
Jan. 1 to June 30....
July 1 to June 30....
Norwa k Tramway June
Jan. 1 to June cO...
ANNUAL
1.741
10,341
20,784
3,708
6,898
19,788
2,995
7,906
F REPORTS.
Baltimore & Ohio Railroad.
(Approximate Statement for Year Ended June 30, 1900. J
The income account of the Baltimore & Obio RR. Co., including the operations of the Baltimore & Obio Southwestern
RR. Co. (month of June estimated), is as follows:
Gross earnings
Operating expenses
$42,020,349
27,538.555
Net earnings
$14,481,794
Miscellaneous Income (including Schuylkill River East
Side Railroad net earnings)
1,070,282
Total
Estimated betterments
$15,552,076
100,000
Net income
Fixed charges, taxes, general interest and discount
$15,452,0"0
8.3o5,000
Balance
Preferred dividend, 4 per cent on $60,000,000 stock
$7,147,076
2,400,000
Balance
Discount and commission on securities sold during the
$4,747,076
293.365
year.
Surplus
Dividend, 4 per cent, payable 2 p. o. on Sept. 4, 1900,
and 2 p. o. ou March 1, 1901, on $38,601,100, oommon
stock
$4,453,711
1,544,044
$2,909,667
*The $6,398,900 common stock subscribed for in May, 1900, being
part of the $45 ,000,000, it was piovided should not reoeiveauy dividends for the y«-ar ending June 30, 1900, but this restriction may
perhaps he modified as regards tbe 2 per cent payable March 1, lyoi.
Should the entire $4ft OOn.OOO oommon participate in that distribution, the amount required for the year's dividends on the common
stock would be about $1,672,000, and tbe surplus from the year's
operations, after payment of the same, would be about $2,782, Out).
As to
the dividend declaration, see a subsequent page.— V.
71, p. 181.
7,155,511
$9,684,286
prei. stock.... (5%) 5,700,000
$4,187,999
1,427,071
$1,836,589
none.
$3,984,286,
$2,760,928
$1,836,58»
Chicago Burlington & Qaincy Railroad.
(Statement for the year ending June 30, 1900.
Following is an official statement for the system, including
all
controlled roads:
1899-1900.
Earnings—
1898-99.
1896-97.
1697-98.
$
$
30,543.640
Passenger
10.384.408
Mail and miscel..
4,593,013
29,270,942
9,463.018
4,646,465
4,103.480
24,007,848
7,226.266
4,292,573
Gross earns.. 47,53^,420
Operating exp... 29,816 838
43,389 425
26,545,630
42,800,162
26,272,218
35.526,186
21,203.916
Net earnings 17,718,582
Fixed charges... 10,08i ,000
16,843,795
10,115,495
I6, R 27.944
14,322,270
10,514,422
$
$
32,557,999
8,15:-t,0i2
10,445,151
Bal. fordivs.
7,638,582
6,728,300
6,082,793
3,807,848
Div'ds, approximatein'99 '00.(6)5,830,000 (6)5,238,371 (4ifl)3,6f 126 (4)3.280,112
Surplus
—V. 71, p. 181.
527,734
2,392,666
1,489,929
1,808,582
Cleveland Cincinnati Chicago & St. Louis Railway.
(Report for the year ending Jum 30, 1900. J
A comparative statement of earnings, operating expenses
and deductions from income for the years ending June 30 is
:
1899-00.
Earnings—
Freight
1897-98.
1898-99.
$
$
,...10,«67,502
9,226,534
4 653,224 4,245,036
628,894
600,715
332,172
33/.172
325,059
314,95
Passenger
Mail
Express
Rents
Total earnings
Operating expenses
Car service
Insurance
1896-97.
#T
9,23 ,507
3,8-0,126
598,526
332,132
301,803
$
8,254,873
3.665,193
580,276
332,173
284,596
16,806,851 14,719.363 14,320,094 13,117.111
10,820,342 9,659 434 9,921,007 8,898,261
321,337
372,639
404,751
337,900
21,895
44,492
48,^38
34,380
582,690
579,104
598,118
579,666
Taxes
Total oper. expensee.ll ,749.264 10,645,555 10,968,368
5,057,587 4,073,808 3,351,726
9,864,664
3,25^,447
2,672,544 2,70^,691
201,166
196,333
2,687.049-
Net earnings
Deduct'sfrom income
Interest on bonds
Rentals
—
2,661,441
205,098
196,877
Tot. deduct'ns from inc. 2,866,539 2,873,710 2,90%024 2,883,926
Bal. to oredit of income.. 2,191,048 1,200,098
368,521
446,702
Dividend on preferred.. (5)500.000(5)500 000(33i)375,000(3%)375,000
Dividend on common... (3) 839,fc34
V. 71, p. 134.
—
Denver & Rio Grande Railroad Co.
(Statement for year ending June 30, 1900.
The following is from an official statement for 1899-00:
1899 00.
18P8-9.
1897-8.
1836-7.
Gross earnings..$10.246 080
Oper. expenses..
6,485,839
99,270 248
5.710,351
$8,'42,P26
5,017,5^9
$6,945,114
4,075.336
Net earnings. $3,760,241
$3,*59,897
110,327
$3,325,326
64,919
$2,869,778
51,682
Total net inc. $3,853,205 $3,670,224
Deduct—
Fixed charges.inc.
taxes
$2,358,743 $2,333,495
Renewal fund....
60,000
60,000
Bond conv. fund..
120,OoO
120,000
$3,390,246
$2,921,461
$2,491,743
$2,417,265
Int. rec'd, eto
92,964
Sur. for year.... $1,314,462
Div.
on pref.
stock
$1,156,729
30 00
20,000
<
$848,502
$504,195
(4%)946,000 (4%)946,000 (2J«%)591,250 (2%)473,O0O
Remaining sur.
$368,462
$210,729
$257,252
$31,195
From the surplus of 1899-00 and 1898 99, as above, is alsodeducted cost of new locomotives, viz.: 10 in 189J 00, $130,161. and 16 in 1898-99, $177,590, leaving balances of $238,301
and $33,139, respectively.—V. 71, p. 135.
Mobile Jackson & Kansas City RR.
(For the year ended June SO, 1990.
President Frank B. Merrill says in substance
The general business of the company has increased over 100 per
:
*
Surplus over dividends, but see foot note
7,0t9, 08
Surplus
.
Tear.
7,200,000
<!
— V. 71, p. 83.
as follows
Street Railway Net Earnings.—The following table gives
the returns of Street railway gross and net earnings received
1,715.664
Charges, less mlsoell. income
Int. 132
1 cover Scranton Railway, Soranton
Strike in Cleveland from
100,599
111,93/
20,413
004
879
633,760 605,630
116,787 110,436
794 013
171.244 148,182 910,375
211,347 175.617 1,076 642 919,614
Int. 23,
S
Winnebago Traction. tfay
Worcester* Marl'b'h May
49 022
683,616
239 405 201,1*67 1,325,799 1,151,355
United P. & Transp..
United Traction— ) June..
Albany City
25,669
* 48,409
21,019
21,316
14 300
109 063
Gross earnings
Operating expenses
1897-'98.
1899'00.
1898-'99.
6.936
7,342
7 033
$46,232,0:9 $40,513,499 $39,214,039
28,506,335
27,521,510
27,606, 682
Average miles operated
Freight
17,685
92,352 1,440,463
62,650
11,917
97,071
16,848
LXXL
fVoL.
9
Internat'l Traction—
May.
(Buffalo)
Interstate Consol. of
North Attleboro... May
Johnstown Pass. Ry. June
Kingston City Ry.... June
Lebanon Val. St. Ry. July
:
Atchison Topeka & Santa Fe Railway.
(Statement for the year ending June 30, 1900. J
The following is a statement for three years past
Previous
Tear.
Prev'us Current
Tear.
Tear
J J
cent during tbe year, and this in tace of the faot that the traffic of
the road was hampered by quarantine restrictions in Ootober and November, 18H9. by hi«h water in the Pascagoola during April and by
heavy rainfalls during June. During the year there have been purchased three engines, fifteen box oars, fifty flat oars and five cabooses
and work cars. There are in operation on the line of the road between
Mobile and Merrill, a distance of 50 miles, eleven saw-mills, and the
product of twenty-two turpentine plants is handled by the road. The
road is beins rapidly settltd up and there are many promising towns
along tbe route where two years ago, when the line was opened, there
was not a village or a hamlet. The purchase of ICO flat cars and at
least 10 b»x oars is recommended; as is also the extension ol tbe road
to Hattiesburg. The extension, It Is hoped, will be accomplished In
the course of another year.
J J JJ
2
August
:
THE CHRONICLE.
4, 1900.]
Earnings and expenses compared with 1898-99 have been:
1898-9918„9J9 c
Earningsn
$41.T86
.
Freight
Passenger
Mail, express, etc
••
Total
Operating expenses
Netearnlngs
BALANCE SHEET JDNE
:
*2l'825
2 1^2
±,u£
10,373
1,330
$114,363
57,373
S53.489
26,679
$56,980
$26,810
30, 1900.
.$1,000,000
Road and equipment... $2,052,6C0 Stock
Bonds
3
1
Materials, eto
Agents
Cash
Miscellaneous
Bills
l.*gf
1.084
Proiit
1,000,0'
payable
Current aco'nta, int., &o.
and
33,752
14,5' 9
18,84b
loss
Total
$2,067,107
Total
—V.
?'n
^
l.O^g
$2,067,107
70, p. 687.
& Western
Railway.
( Statement for year ending June 30, 1900.
Results for three years have been as follows
EARNINGS, EXPENSES AND CHARGES.
Norfolk
1898-1899.
1,561
Average miles operated
1897-1898.
1.570
a
$14,091,005 $11,827,139 $11,236,123
way and struct. $1,558,803 $1,536,633 $1,542,977
1.8'" 8, 72 6
1.727,898
2,034, "83
equipment
Maintenance or
Maintenance of
Conducting transportation
General exp., including taxes...
Total expenses
3,920,291
653,453
$8,501,096
$7,939,103
$7.S86098
5,5s-9,909
(60 p. o.)
2,2: 3,6; 9
3,8-58 036
(«7 p. e.)
3,350.(24
2, 241 , 714
2.23M34
Prop, of exp. to gross earnings..
Fixed charges....
1
640.750
(7- 1 p.
c
)
$3,316,270 $1,646,322 $1,110,591
(4%)909,716 (4%)909,364(2%)454,198
Surplus for dividend
Dividends paid onpref
—V.
3,9-4,4
4,210,175
697,735
Netearnlngs
71, p. 135.
Oregon RR.
&
Navigation Co.
June 30, 1900,
ending
year
(For the
The statement issued this week compares as follows:
1898-99.
1897-98.
$7,005,980
4,288,273
$tf,895,393
$3,610,4'
Net receipts
62,278
Income from invest's, &c...
$2,717,707
73,107
$2,789,333
77,866
$3,672,690
1,062,000
$2,790,814
1,137,988
$2 867,199
$2,610,690
Balance
Dividends onpref. stock.... (4%)440,000
Dividends on common stock
$1,652,826
(4%) 440,010
$1,753,856
$2,170,690
$1,212,826
& taxes.
Total income
Charges
Surplus
-V.
4,l0o,060
(5<>/
K50,orO
(1%) 240,000
$963,856
$7,577,108
4,751,620
$4,402,298
2b9,014
$2,825,487
$2,79 8,598
437,to49
198,9o4
$4,671,312
1,964,000
$3,263,136
1.963,8s 3
$2,927,5«2
1.9b4,108
$2,707,312
952,890
$1,299,253
952,890
$963,474
804,480
$1,754,422
$346,363
$158,094
1898-99.
1,481
1,438
$8,557,570
Grose earnings
Operating expenses and taxes 4,155,272
Netearnlngs
Other lnoome
Total
Fixed charges
Balance
A and B
bonds
8uiplus
—V.
7o, p. 176.
Ig98 99.
$1,261060
1899-00.
Gross earnings
$1,404,695
Operating expenses and taxes. 1,079,409
Netearnlngs
Fixed charges
Surplus
Dividend on lstpref
Balance
986,987
$274,073
87,500
$408 633
$220,286
(3%)164,928
$186 573
(3%)164,928
$33H,633
(5%)274,8»0
$55,£58
$21,645
$63,753
70,000
Lonis & San Francisco Railroad.
(Earnings for year ending June 30, 1900.)
St.
Gross earnings
Operating expeases
Netearnlngs
Otherincome
as follows for three years past
1897-98.
1898-99.
1899 1900.
$6,>-86,467
$7,226,662
$7,9*3,246
4,0o0,l09
4,692,527
4,841,191
$3,290,719
118,002
$2,885,4"1
77,160
$2,856,358
69,760
Total net
$2 926 118
$2,962,632
$3,408,721
Taxes, rentals and charges.... $2,434,463
$2,239,673
$^,377,832
Dividend on $5,u00,0t0 1st
preferred stock
(4%) 200,000 (4%) 200,000 (4%) 200,000
Dividend on $16,000,000
preferred stock
Balance, surplus.
—V. 71,
p. 85.
59,077
40,294
38,909
$56,899
$8 ,775
22,240
M
A sSCtS
1,
$59,535
1900.
Liabilities
—
Railway and appurt's...$2,612,000 Capital stock
22,440 First mortgage
Cash to pay coi.pons
297,643 Equipment; account
Duf by Plant Invest.Co.
35 138 coupons due Jan. 1
Cash
6,703
10,249
Unpaid vouchers, eto
Profit and loss
100. ooo
22,440
6,'.
..
87
243,447
$2,984,173
1292.
Union Pacific Railroad.
(Advance Statement for year ended June SO,
The following approximate statement is issued
fiscal
$1,500,000
1,112,000
Total
$2,984,17 3
Total
—V. 70, p.
year
1900. J
for the late
:
Union
Oregon
Pacific.
Short Line.
1,438
Average miles operated...
Oregon RR.
& Nov.
Total
system.
2,927
1,131
5,<96
$
$
qg
22,977,831 S.^T^O 7,702,806 39,238,208
taxes... 13,349,764 4,155,272 4,092,394 21,597,431
ifi
Gross earnings
Operating exp. &
from invest's and
int.
Balance
Dividends,
9.628.067 4,402.298 3,610,412 17,640,777
2,215,995
269,014
62,278 2,547,288
11,844,062 4,671,312 3,672,690 20.188.065
3,890,000 1,964,000 l,0S2,0tO 6,916,000
7,954,062 2,707,312 2,610,690 13,272,065
etc.. viz.:
Oregon KR.&N.4% on pf
Or. Sh. L.A&B incomes
440,000
440,000
952 890
952,890
Un. Pac. paid Apr. 2,iqoo:
Preferred (2 p.o.)
1965,268
Common (lifl p. o.).... 1,434,220
Total above deduot'ns.
Surplus
Dividends Oct. /,noc, viz.:
Pref. stock, (2%)abour..
Common stock, (2%) abt.
Total, about
Pacific proper
piled as follows:
$325,286
105 000
$12 .858
Balance, surplus
1.965,268
1,434,220
3,?99,488
952,890
440 000
4,554,574 1,754.422 2,170,690
4,792,378
8,479,687
1,985,000
1,914,000
1,995,000
1,914 000
3,899,000
655,574 1,754,422 2,170,690
3.899,000
4,580,687
A comparative statement for two years
71, p. 183.
The company reports
Netearninga
on 1st
Interest
BALANCE SHEET JAN.
Union
1897-98.
$1,232,499
823.866
rharges.
Operating expenses
$138,674
Gross receipts
Balance, about
St. Joseph & Grand Island Railway.
(Statement for fiscal year ended June 30, 1900.
The comparjy reports as follows:
-V.
3,635
1,165
Mails, etc
Other receipts
Fixed charges....
1897-98.
1,430
$6,317,058
3,588,4t0
189900.
Average miles operated
Interest on
$18,897
114.977
Passenger earnings
Freight earnings
Total income.
1900.
$172,338
103,557
84,774
83,389
:
Inc.
statement shows:
ings.
$300,9^9
2.3,099
178.440
184,970
A statement for the six months ended Dec. 31, 1899, and
the balance sheet follow
EARNINGS AND EXPENSES FOR SIX MONTHS.
Expenses—
Earnings—
Netreceipts
Oregon Short Line Railroad.
(Statement for the year ending June 30,
earnings.
1899
1M98
1897
1896
1,113,343
70, p. 176.
An advance
:
Supplies
Due by agents
1899-00.
$7,702,8C6
4,092,394
Gross earnings
Operatingexpensee
for the years ending June 30
Oross
Net earnSur. above
The company earned
pfs seTge?!mail and express.... $2,241,258 $1,981399 $1,832,419
9,403,7i 3
9,845,740
11,849,747
Freight.
Total earnings
Operating Expenses—
4 locomotive engines, 6 passenger coaches, 2 baggage, mall
and express oars, and 17 freight and flat care. The road Is now operated by the Piant System, and since about Jan. 1, 1894, that part of
the road between Juliette and Inverness has been used in connection
with the Plant System roads north and south for through business.
The principal tonnage of the road is phosphate, lumber, fruits and
sifts of
vegetables.
:
1899-1900.
1,551
Silver Springs Ocala & Gulf Railroad.
(Statement (f Jan. 1, 1900. J
The New York Stock Exchange recently listed the company's $1,107,000 bonds, being the entire issue, less 13 bonds
canceled for the sinking fund. The bonds are secured by a
first mortgage, maturing July 1, 1918, to William Man and
the City Trust Co. (substitute trustee for S. Van Rensselaer
Cruger, deceased), both of the City of New York. An official statement says
The railroad company owns 74 mlleB of track, Including phosphate
spurs, extending from Ocala southwesterly to Inverness, with a branch
from Dunnellon to Homosaesa on the Gulf of Mexico. Th> gauge is 4
feet. 8^ inches, with 56-lb. steel rail for G4 miles of Its track, and with
4o-lb. steel rail tor the other 10 miles of track. The equipment con
:
Liabilities—
Assets
2?3
and also
all lines
s-TTnion Pac. proper.1899-00.
1898-99.
Average.
2,^27
past, covering the
inthe system,
2.422
.
is
com-
Entire system.
1899 00.
5,4i<6
—
1K98 99.
4.W26
Gross earnings
22,977,831 19,811.641 39.238,208 34,394,729
Oper. exp. and taxes.. 13,349,764 11,412,168 21,597,431*20.452,061
Netearnlngs
Other income
9.628,067
2,215,b95
8,399,473
1,218,736
17,640,777 13.942,668
2,547,288 1,729,522
Total net Income.. 11, 844,063
3.S90.000
9,618,209
3,830,000
20,188,065 15,672.190
6.9D,0t0 6,931,871
Fixed charges
JJalance, surplus... 7,954,062 5,788,209 13,272,(65 8,740,319
*Iooludes #1,926,3*7 expended by the three companies for permanent improvements and new equipment.
The company furnishes the following statement of cash
and land assets as of June
Cash and cash items
Land notes and cash
SO, 19l0:
of the land department
Appraised value of unsold lands and lots
Total
The three companies
$8/95,188
6,296,124
5,S70,7t4
$20,062,056
also have on hand bonds and stocks
and miscellaneous securities, par value, as follows: Union
Pacific, 182,795,550; Oregon Short Line, $3,656,403; Oregon
RR. and Kavij^a ion, $3,126,958.
2d
(2%) 320,000 (1%) 160,000 (1%) 160.C00
The Union Pacific RR. Co. owns 2,871 miles of road, of
which
1,038 miles are not covered by the first mortgage, or
$326,445
$454,258
$224,800
by any mortgage or lien. The Oregon Short Line RR. Co.
3
.
8
-;
.
THE CHRONICLE.
234
owns 1,518 miles of road, of which 37 miles not covered by
any mortgage or lien. The Oregon RR. & Navigation Co.
owns 1,134 miles of road including 66 miles not covered by
any mortgage or lien. —V. 71, p. 85.
West Jersey & Seashore Railroad
Co.
(Report for the year ending Dec. 31, 1899.)
Statistics.—The earnings, expenses and charges, and the
balance sheet, have been:
,
Earnings—
1899.
1899.
1897.
1896.
3i>2
312
312
312
$
1,940.480 1,660,943 1,580,384
726,007
764,551
892.975
244,549
256,630
280,736
Passengers
Freight
Miscellaneous
The earnings, etc., are reported as below :
Earnings
$2,028,402
Dividends on pref. 1, 2 and 3 (5^%)
$823,812
Dividend No. 4 on pref., payable Mar. 15 (1%%). 293,125
1,116,937
Balance to profltandloss
$911,465
sheet, exclusive of plant and equipment, is as
follows
ASSETS AND LIABILITIES MARCH 1, 1900.
The balance
:
Assets
—
Liabilities
Cash and c<» eh Items...
Accounts receivable..
EARNINGS, EXPENSES, CHARGES, ETC.
Miles operated.
[V«L. LXXI.
l.Fgs.eis
70S»,520
246.787
S< ed, oil, oilcake,
pack-
ages, eto
9,024,771
TreKSury stock, market value
Nat.Lin.bds.fcrrede'n.
Other stocks and securities
Total
2,550,940
2,682,124
3,114,191
2.554.920
Expenses—
Maint'e way & structures.
Maint'e <f equipment
447,800
449,173
479.860
555,892
346.777
331,594
327,927
378,127
1,127^68 1,119,918
Conducting transport'n.. 1,256,027 1,142,0'
53,535
50,582
51,847
General....:
51,906
Total
Net earnings
Add miscellaneous
Total
Deduct—
2,241,952
872,239
25,217
2,001,647
680,476
11,370
1,959,017
591,923
7,875
1,968.030
586,890
23.571
897,456
691,846
599,798
610,461
270,462
18,144
255 233
280,130
11.758
67,8^8
252.698
15,248
Rental
159,464
Taxes, miscel. & ext'y
Dividends
t253,8<>7
Extraordinary exp. fund. 150,000
Interest
831,217
66,239
Total
Surplus
i
6 p.
c.
1,856
60,428
t235,620
IS 3,956
t235,650
Dividends Nos. 1,2 and
3,paid
Miscellaneous
Total
—
Underwriters' work$5,000,000
ing capital
5,101,813
Notes payable
118,861
Current accounts
Estimated depreciaexcess
157.500
40,259
what has been ob'rgd
677,866
to profit and loss for
ordinary repairs....
tion
in
of
Earnings
50,000
2,028,402
823,813
87,059
.$12,299,076
$12,299,076
Total
-V. 70, p. 741.
American Ship-bnilding Company.
(Report for 15 months enied June 30, 1900. J
At the annual meeting last week President Brown said:
"We have secured seven new contracts of late, all for goodsized ships. Dming the year the company built twenty- nine
steel boats, with a total carrying capacity of 179,000 net tons,
and we are still engaged in completing work on sixteen
more, with a total carrying capacity of 92,000 net tons. The
new contracts have not been commenced."
The earnings and balance sheet follow:
553,137
658,212
33,634
$758,873
728,936
250,675
46,661
Net earnings from April, 1899, to June 30, 1900
Dividend 7 per cent on $7,600,000 preferred stock
$1,100,666
532,000
on common.
on special guaranteed and 5 p. c.
GENERAL BALANCE SHEET DEC.
Assets—
Road and equipment.
.
Stocks of other cor's..
Due from other ooo
panies, &c, other
than traffic balances
Due from agents, &o.
Miscellaneous assets.
Materials on hand....
Cash
Total
),947,384
472,868
31,729
160,481
2,834
101,4-1
921,409
.$11,638,137
BALANCE SHEET OF JUNE
Liabilities—
Special guar, stock...
Common stock
FuE'd debt(see Supp.)
Pay-rolls & vouchers..
Net traffic balances...
Due controPd
$104,000
4,9-1,3^0
4,993,400
262,231
115,506
cos.oth.
Int.
than traffic balances
accrued on bonds.
488,000
93 416
Miscellaneous
Extra' ry exp. fund...
Bal. to pro tit and loss.
150,000
473,975
Total
6,2'
$11,638,137
-V. 70, p. 896.
Massachusetts Electric Companies.
(Report for 9 months ending June
30, 1900.)
President Gordon Abbott at the meeting on Monday said:
"The first fiscal year ends Sept. 30, and before'the.annual meeting on
Nov. 7 a full report of the year's operations will be sent to all the
shareholders; meantime a few figures as of June 30 last may be of interest. When on that date a year ago the trustees organized, they received either all or a controlling interest in the shares of thirty-one
corporations, two of which were lighting companies. Since then four
other companies have been acquired, including the South Shore &
Boston and the Lowell & Suburban, whose acquisition you are asked
to-day to approve. Twenty of the companies controlled by you have
been merged into the other companies, leaving 15 the shares of which
are held or proposed to be purchased by your trustees.
"The results of operation of companies in which you are
Suburban and
interested, excluding as before the Lowell
Bedford, Middle
the South Shore and Boston, and also
&
New
boro& Brockton, which company had not been
acquired by
the trustees at this time last year, are as follows, comparisons being made with same period of the fiscal year 1899:
Gross earnings
•Operating expenses
Net earnings
$568,666
Balance, surplus
31, 1899.
1900.
1899.
Increase.
$3,102,518
2,132,679
$2, c 09,466
2,087,898
$293,053
44,781
$969,839
$721,568
$248,272
"The operating ratio in 1900 was 68*75 per cent.
"For the same period of nine months ths net divisible income, after deducting all interest and other charges, has
increased by $207,893. These figures do not fully represent
the improvement in the net divisible income. The several
companies mutually established at the beginning of the
present fiscal year a general fund as an insurance against
losses caused by accidents to persons, and now make quarterly payments thereto of a percentage of their gross earnings.
The balance to the credit of this fund on Jane 80 was $117,But while they have been making the payments to the
000.
new fund they have been at the same time obliged to settle a
number of claims antedating the establishment of that fund
therefore, in making a strict comparison of the results it
would be proper to add the balance of this acoident fund to
the increase in net divisible income, making the total increase
$324,893."— V. 71, p. 182.
AssetsPlants and property.. $14,076,726
Improvements
638,177
Material
633,519
Acots. >eceiv. & cash..
858,485
Work & construe, bal.
earned and due us.
1,352,708
.
30, 1900.
Liabilities—
Stock, preferred
$7,900,000
7,600,000
Do common
Accounts and bills
payable
Undivided profits or
1,490,949
568.666
surplus
Total
Total.
.$17,559,615
$17,559,615
of directors now includes:
William L. Brown, H. H. Porter Jr., H M. Hanna, L. C. Hanna, B.
L. Ireland, Robert Wallaoe. James C. Wallace, Luther Allen, L. M.
Bowers, J. A. MoGean, W. E. Fitzgerald, Andrew M. Joys, A. McVittie, W. C. McMillan, W. T. Coleman Carpenter.
Messrs. Bowers and McGean, it is stated, represent the
Rockefeller interests.— V. 71, p. 183.
The board
Boston &
New York (Independent) Telephone &
Telegraph.
(First Annual Report.)
President Charles E. Adams, at the recent annual meeting
said, in substance:
During the past year a large amount of preliminary work has been
accomplished forithe establishment of a telephone exchange in Boston
and other cities and towns in Massachusetts, together with the construction of a toll line between the cities of Boston and New York.
Contracts for over 5.500 subscribers, covering a period of five
years, to the exchange system now being constructed in the city of
Boston have been received, and as a large proportion is for commercial use it is a strong indication that business men believe that
the very best telephone service can be secured at much lower rates
than now exist. The main exchange builrting that has been secured
for the use of your company is a six-story substantial business structure looated in the congested commercial portion of the city and admirably adapted for telephone purposes.
The underground work has been constructed with a view to permanency, and over 100. 000 feet of duct has been laid up to the present
time in the business section of the city. Rights of way have been secured from Boston to New York for the purpose of building a toll
ling embracing the best construction together with the latest improvements known in telephony. We have secured telephone franchises and rights of way in 55 cities and towns in Massachusetts and
a model exchange has just been constructed in •stoughton, Mass.,
whioh will be followed by other telephone plants in communities adjacent to the city ot Boston.
The establishment of a telephone business as contemplated by the
company requires for present construction and future growth a very
large expenditure of money, but every financial emergency has been
met, and the business energy .together with the strong aggregation of
capital that has been added to the company's resouroes during the past
year, makes the possible future look even more satisfactory than the
most enthusiastic in the early history of our company predioted.
The directors and officers are:
Directors— Chares E. Adams. Boston; Oakas Ames. Boston; Frank
A. Cutting. Boston; W. H. Eokert, New York; H. E. Gawtrv, New
York; William F. Hallstead, Scranton, Pa.; Z. Swift Holbrook, Boston;
William J. Latia; Philadelphia; Martin Maloney, New Yorfe; Joseph
B. McOall, Philadelphia; Charles W. Morse. New York; Arthur 8.
Temple, Boston; Frank Tllford. New York; J. L. Wolcott, Dover.Del.
Officers— President, Charles E. Adams; Secretary, John B. Stauffer;
Treasurer, Oakes
The
Ames.— V.
69, p. 1150.
capital stock is $2,500,0C0.— V. 70, p. 1251.
William Cramp & Sons' Ship & Engine Bnilding Co.
American Linseed Company.
(For the year ending March 1, 1900. J
" The company
annual statement says
(Report for year ending April SO, 1900.)
Telegraph" gives substantially as fol"Philadelphia
The
controls lows the report presented at the recent annual meeting:
The first
about 85 per cent of the linseed business of the country, and
The growth of your business imperatively requiring enlargement of
the statement shows that it has paid 7 per cent on its $16,- plant, a property owned by the Lehigh Valley RR. Co. contiguous to
ship-yard on the south and southwest, and containing ll * acres,
750,000 of preferred stock and earned 5-44 per cent on the the
was purohased lu your interest. Ob this property a machine shop Is
All
stock.
the
common
repairs,
of
betteramount
same
in course of erection, 332 feet long and 140 feet wide, containing
ments, etc., which usually appear in statements of this about 85,000 square feet of floor space, and equipped with the most
maohlnery.
character have been charged off to profit and loss, and the modern and improved
A pnwer-hbuse is also building whioh, when completed, will be the
supplies have been put in at figures much below the market most perfeot of Its kind, being praotioally fireproof and built w1"i a
values."
view to eoonomy in distributing the power to the var ,ous shopsj Two
:
1
J
:
August
THE CHRONICLE.
4, 1900.1
new
slips and three piers have been completed on the river front of
this property, and «n the slips are building the two ships for the International Navigation Co. now under oontraot. Between these slips
a large Gantry crane is in process of erection.
When
these improvements are completed the extent and arrange-
of your plant will not be equaled by any on this continent and
few in tlie world, and the economy of manufacture will be greatly
ment
by
increased.
In addition to the above, the ship-yard formerly operated by the
Charles Hiilman Ship & Engine Biilding Co. was acquired in your interest. Title will betaken in the name of the Kensl gton Ship yard
Co , which will operate the yard, but a 1 of the shares of the capital
stock will be owned by your company. This yard adjoins on the north
your basin dry dock and marine railway, and its operation in connection therewith will afford an urgently needed increase of facilities for
repair work.
235
system by extending its Conroe Branch easterly about 60
miles. The purchaee embraces a majority of the capital
Ttiere are outstanding $750,0u0 each of first and
stock.
second mortgage 6s due Aug. 1, 1913. An extension of the
G. B. & K. C. is under construction from Rogan to San
Augustine, 61 miles, under the charter of the Guif Beaumont
& Great Northern Ry.— V. 71, p. 83.
Baltimore & Ohio RR.— dividend on Common StockStatement.—The directors on Thursday declared the
regular semi-annual dividend of 2 per cent on the preferred
stock and also declared "from the net earnings of the fiscal
year ended June 30, 1900, a dividend of 4 per cent on the
common stock of the company, 2 per cent thereof payable on
Official
The surplus of assets over liabilities is stated as $1,848 044.
The contracts on hand aggregate $20,341,000, of which $12,- Sf.pt. 4, 1900, to the stockholders of record at the closing of
212,000 represents the amount unfinished. The work in hand the transfer books on Aug. 15, 1900, and the remaining 2 per
or on the books includes, with other vessels, the following cent on March 1. 1901, to stockholders of record at such date
steamships
Gfoss
N. Y. & Cuba Mail S3. Co. (WardLine), two, each
"
"
Morro Castle
International Navigation Co., two, each
totxs
4,"v00
8,0
12,000
Ooeanic SS. Co three, each
6, 00
3,250
Wm. P. Ciyde & Co., two, average
U. S battleships Alabama and Maine, Russian battleships Retvlzau
,
and Variag.
Several of the above are about completed.
The results of operations are stated as follows:
1899-00.
$7,79l,f>t0
Gross earnings
Operating expenses
Netproflts
Fixed and other charges
Balance
Dividends
Surplus
directors are:
Clement A. Griscom,
1898-99.
$5,300,000
6,878,560
(?)
$913,f 00
(?)
376,738
(?)
$536,262
(5%)242,4C0
{2h) 21.200
$293,862
$210,050
$331,250
Charles H. Cramp, Thomas Dolan,
H>nry Seligman, William H. Barnes,
B>nry W. Cramp, Samuel Dickson, Morton McMichael and
Edwin S. Cramp.— V. 70, p. 1099, 999.
The
National Tube Company.
(Report for the year ending June 30,
The first annual report will be found in
1900.
full on
pages 240
and 241.
The profit and
eration of National
Tube Works Co.
$14,047,116
614,368
$14,661,484
783,119
Net profits for the year
$13,878,365
Dividends on preferred stock
,...$2,800,000
Reserve for dividends on common stock for
the year at the rate of 6 per cent per annum. 2,400,000 5,200,000
Surplus after providing for dividends per balanoe sheet
$8,678,365
1151.
International Steam
,
& Albany RR.— Action on
Lease by Massachusetts
Gazette" states the action of
the Massachusetts Legislature on the lease of the road to the
Reserve for depreciation of buildings, plant
and machinery
$500,000
Reserve for possible loss in collection of outstanding accounts
175,000
Premiums on bonds purchased
10^,119
— V. 70, p.
;
Legislature.
after de-
Total
sidered by the management.
In explanation of the manner in which the common stock
dividend is payable, it should be observed that the preferred
stock is entitled to preferential dividends of 4 per cent out
of the earnings of the fiscal year hence it is thought that the
dividend on the common should be declared after the full 4
per cent out of earnings of the fiscal year has been declared
on the preferred. This is what has been done. If the full
4 per cent declared on the common were paid on Sept. 4,
then the common stock, it is stated would have to wait a
year for a further distribution, which would not be as desirable to most holders as receiving semi-annual payments by
the method which has been wisely adopted.
The preliminary statement of operations for the late fiscal
year will be found on page 232.— V. 71, p. 181.
Boston
loss account for the year shows:
manufacturing and commercial
business, including profits derived from op-
Profits of the
ducts g all expenses
Dividends and interest
as the Board of Directors mav direct the books shall be closed
for the payment thereof." This action is in accordance with
the policy announced by us three weeks ago (V. 71, p. 83).
The $6,398,900 of new common stock offered for subscription
last May, being part of the authorized issue of $45,000,000, it was provided, should not be " entitled to dividends
if any are declared upon the common stock for the year ending June 30, 1900." (V. 70, p. 738 ) While such is technically
the case, we understand that the question as to whether this
new stock, to be delivered Oct. 1 to the subscribers under the
advertisement of April 11, shall be permitted to receive the
$2 per share payable March 1, 1901. will be shortly con-
Pump Company.
("Report for year ending March 81, 1900, J
The full text of the statement made by President John W.
Dunn follows
Messrs. Deloitte. Dever, Griffiths Co., the chartered accountants of
the company, have now submitted the balance sheets, showing the
trading profits covering a period of one year ending March 31, 1900,
except as to the Geo. P. Blake Manufacturing Co. and the LaidlawDunn-Gord<>n Co., the accounts of which oover a period of only 11
months ending March 31, 1 900.
The net pr< fits of the company and its constituent oompanies for
this period are stated by the accountants at $1,813,907, after first deducting $l6-f. 53 for depreciation on plants, buildings, etc Having
regard to the faot that these accounts cover a period when the work
logs of the company were largely embarrassed by organization and
the adjustment of its business to changed conditions, the direotors
feel tha r the result is most gratifying
This will enable them to carry
to reserve from the profits for the period above named a sum upwards
of $1,000 000. after the payment of all fixed charges and dividends of
the preference shares, equal to net earnings of upwards of 8 per cent
upon the outstanding oommon stook. The net liquid assets last year
amoun ed to $5,414,000 and now amount to $6,357,190.
Under the new management, expenses of administration have been
greatly reduced and improvements made in the way of new machin:
1
—The "Railroad
New York
Central as follows
The B ston & Albany asked for
:
ratification on Jan. 10. The railroad committee gave 15 hearings on the matter, and finally reported
a bill specifically affirming the right of the Commonwealth to supervise the affirs of the railroad and to revoke the lease for violations
of its pto visions, and containing a provision that the New York Central should not oharge higher rates on export freight to Boston than
to New York. A question arose as to the constitutionality of this
latter provision, and the Attorney- General held that the provision
was not constitutional, but that by putting the bill in the form of a
oontraot between the State and the New York Central Road, this provision might be made a condition of the contract.
The bill was
changed to meet this opinion of the Attorney-General, and on July 16
signed
the
by
Governor on the following day.
it was enaoted, and
As it passed the bill contains a provision for the expenditure of
$2,500,000 for the improvement of docks and terminal lacilities at
East boston (SSOO.OIO acnually for 5 years). This includes a sum for
double-tracking and separating street grades <n the Grand Junction
branch, which is the line leading to Ea>-t Boston. The lease will not
go into effeot until about Oct. 1. It is not believed that stock-holders'
meetings will be necessary. During the progress of this measure, its
success was threatened by a large number of petitions and bills, providing for State ownership of the road either by taking or purchasing,
and also providing for the reference of the lease question to the voters
of the state at the election in
November. The railroad committee
re-
ported adversely on all these propositions, and after long debates
they were killed.— V. 71, p. 1»1.
Boston Elevated RR.— New Bonds on West End Street
Ry.—The Massachusetts Railroad Commission has authorized
the issue by the West End Street Ry. Co. of the balance
the bonds approved in 1897 and the issue of $1,930,000 additional bonds [against $1,950,000 proposed] for improvements made during the year ending Sept. 30, 1899, under terms of lease. The new bonds will probably be 15-year
4 per cents.— V. 71, p. 83.
($73,574) of
Boston & Maine RR.— To Ratify Purchase.—The stockholders will vote Aug. 23 to ratify the purchase of Central
Massachusetts preferred stock at |65.— V. 71, p. 134.
Buffalo Hamburg & Aurora Ry.— First Car Run.— On
July 5:9 the first car ran from the power house at the Buffalo
ery, lessening the cost of production. The benefits of these reductions Rochester
Pittsburg crossing to Webster's Corners.
and improvements are expected to be reflected in the earnings of the
Canadian Northern Railway.— New Bonds.— Subscriptions
current year. The business done for the term above stated (which
was less than a full year) was about 40 per cent more than the aggre- wero received recently at the Bank of Scotland, Edinburgh
gate business of the various factories and agencies during the pre- and London, and at the Canadian Bank of Commerce, at 90,
ceding year of 12 full months. The actual orders now on hand in the
of an issue of £1,191,500 30-year (Ontario
various factories are estimated to be at least 50 per cent more than at for £700,000 4^8
the same time last year. The outlook for the current year is most en- Division) first mortgage debenture bonds; interest guarancouraging. The detailed reports of the auditors are on file in the teed by the contractors, Mackenzie, Mann
Co., of Toronto,
office of the company. Their inspection by the shareholders
is inCanada, during construction and for one year after the line
vited.— V. 70, p. 10d8.
An advertisement says :
is open for traffic.
The bonds are a first mortgage on the Ontario division from Port
An bur to the point of crossing the Rainy River at the western boundary of the Province of Ontario, 290 miles, and upon its terminals at
Port Arthur, and will be a first mortgage upon 550,000 acres of land
grant, and, subjeot to first mortgage charges, created or to be created,
RAILROADS. INCLUDING STREET ROADS.
not exceeding $10,000 per mile on the various branches of the Ontario
division, and on the Winnipeg and Saskatchewan divisions and the
Atchison Topeka & Santa Fe RR.— Purchase Effected.— branches
thereof, the bonds constitute a general charge on its whole
The company has purchased control of the Gulf Beaumont & undertaking from Port Arthur to the Saskatchewan River. The bonds
Kansas City Ry. extending northerly from Beaumont to are repayable on June 30, 1930, and the coupons are payable halfin either case will be made
Rogan, Texas, 64 miles, with 11 miles of small branches. yearly on Dec. SO and June 30. Payment
either at the Bank of Scotland, London, or at the fixed rate of $4 86*66
The Atchison proposes to connect the road with its main to
the £ at the Canadian Bank of Commerce, Toronto, Canada, at
&
&
GENERAL INVESTMENT NEWS.
—
— —
—
THE CHRONICLE.
236
—
—
[Vol.
LXXI*
—
Lake Side Street RR. of Fort Wayne, Ind. Receiver.
holders' option. Trustees for the bondholders, The National Trust
Company, Limited, Toronto, Canada.
The
Knickerbocker Trust Co. has brought sait in the United
The company has issued on its Winnipeg and Saskatchewan divis- States Court asking for
the foreclosure of this company's
ions 4 per cent 30 year gold bonds at the rate of $-,000 per mile,
which may be increased to $iO,Oi0 per mile, as above mentioned, mortgage and for the appointment of a receiver.
which bonds are guaranteed, principal and
interest,
by the Govern-
ment of Manitoba. In addition to said guaranty the Dominion of
Canada gave the company a land grant of 6,400 acres per mile on the
main line in Manitoba and of 12,800 acres per mile on the main line
in Saskatchewan; also a grant of $tf,40o per mile ca»h towards construction on 208 miles of the Ontario Division and $3,200 per mile on
63 miles thereof. The Province of Ontario also made a grant of $4.' 00
per mile cash for the.same purpose on 271 miles passing through that
province, and the Dominion of Canada, for the transport of mails.
men, and supplies, etc., agrees to pay to the company for twenty years
the sum of $80,0 j0 per annum.
"The Canadian Northern Railway system connects the
Great Lakes at Port Arthur, via Winnipeg, with the Great
Saskatchewan River, at a point west of Cedar Lake. The
main line is about 800 miles in length, exclusive of some 120
miles of branches. Of the main line, 423 miles (including 36
miles of the Manitoba & Northwestern, over which the company has full running power for fifty years from O 'tober,
1896), are ready for traffic, and it is expected that 200 miles
Lehigh Valley
the company's
to Jersey City.— On July 23
from Newark iuto Jersey City across
RR.— New Line
new
line
Newark Bay was opened for freight traffic. The '• Newark
Advertiser" says:
Whether the company will use these tracks for passenger trains
through Newark instead of over the Pennsylvania is not known, but
the construction of the through tracks will afford the Lehigh Company
an opportunity to offset any unreasonable demands that might be
made by the Pennsylvania for the use of its tracks.
The new line connects with the Communipaw terminal
which the decision rendered last November (V. 69,
p. 1103,) has made available.— V. 70, p. 1095.
property,
Louisville
&
Atlantic Ry.
Consolidation.
—Press
reports
company has absorbed by consolidation the
Beattyville& Cumberland Gap RR., B-attyville Junction to
state that this
miles.—V. 70, p. 1291.
Massachusetts Electric Companies.— Purchase, Etc., Au~
thoriztd.—The stockholders on Monday voted to purchase
the Lowell & Suburban road and to ratify the purchase of
the South Snore & Boston Ry. on the basis stated last week
(page 182) also to pay the semi-annual dividends on the preerred stock in July and January, instead of in June and December as at present. The next dividend on the preferred
stock, due Jan. 1, will be 2% per cent, or seven months' dividend
at 4 per cent.
For statement of earnings see page
Eleven
first mortChicago & Alton RR.— Called Bonds.—
gage bonds of the Mississippi River Bridge Co., viz., Nos. 10, 234.— V. 71, p. 182.
Metropolitan Street Ry. of New York.— Storage Battery
26, 63, 223, 228, 230, 343/448, 536. 553 and 560, have been
drawn and will be redeemed Oct. 1, ]900, at the office of the Cars on 34th St. Four cars, with electric- storage battery
motors, were put in operation on July 28 on the 34th Street
Chicago & Alton Railway, 120 Broadway.— V. 71, p. 134.
Chicago Great Western Ry.— New Debenture Stock— Im- Cross-Town line.— V. 71, p. 135.
Missouri Kansas & Texas Ry.— Extension Completed. The
provements.— It was recently reported on "cffijial" authority
Sherman Shreveport & Southern Railway recently put in
that the company intended to appropriate §3,000,000 for im
proving the system and that the plans contemplated the ex operation its new line from Jefferson, Tex., to Shreveport,
penditure of §1,003,000 on new equipment, principally in the La.— V. 71, p. 135.
freight department. Replying to our inquiry as to the
Moore County & Western Ry. Bonds Extended— Interest
accuracy of this statement, Secretary R. C. Wight merely Paid. The company's $350,000 bonds matured on March 1,
says: "The amount of debenture stock outstanding i a the 1900, and the coupons due at that time ware paid, but the
hands of the public on June 30th, 1900, was $16,673,600, of pajment of the principal was postponed until September 1
which |866,800 was sold in June, 1900, to provide for addi by the consent of a majority of the owners. The statement
tions to the property."— V. 71. p. 179.
last week was due to a misunderstanding of the brief
Chicago Milwaukee & St. Paul Ry.— Trackage.— The but official data furnished in response to our inquiry. The
company is negotiating with the Northern Pacific Ry. Co. companv has 8 miles graded, but as yet has no road in operafor the use of the latter's tracks from St. Paul to Duluth. V. tion.—V. 71, p. 182.
70, p. 39.
New Orleans & Western B.R.— Plan Modified —The Reorganization Committee,' Stephen Peabody, Cnairman, and A.
Chicago & South Side Rapid Transit (Elevated) RR
Sale Confirmed.—In the stockholders' suit at Chicago on M. Poole, 36 Wall Street, Secretary, has adopted certain
July 31, the branch Appellate Court affirmed the decree of changes in the reorganization plan of Aug. 1, 1899, as pubthe Circuit Court, under which this property was foreclosed lished in the Chronicle, V. 69, p. 440. Holders of bonds of
In 1896 and transferred to the South Side Elevated RR. Co. the railroad company who have not deposited them with the
The court finds no evidence that the "foreclosure proceedings Colonial Trust Co. of New York are requested to do so unwere fraudulently begun or conducted."—V. 70, p. 1248.
der the plan as amended, on or before Sept. 3, 1900, and those
Chicago Union Traction Co.— Subways. President Roach who have already deposited their bonds, if they so elect, may
on July 25 submitted to the Chicago authorities detailed withdraw the same on or before Sept. 3, as provided by the
plans for the construction of a down-town subway system agreement, upon the payment of their pro rata share of the
to be used by all the traction companies of the city. The expenses incurred by the committee. V. 70, p. 381.
plans provide for twelve miles of subway, six loops and a
Newport News & Old Point Railway & Electric Co.
tunnel under the river at Dearborn Street. The estimated Stock Increased. The stockholders on July 29 voted to incost is $24,000,000.— V. 71, p. 179.
crease tne capital stock by $200,000.— V. 70, p. 946.
Columbus & Northwestern Ry.—Sale.—See Detroit &
New York Central & Hudson River RR. Co.— Boston &
Lima Northern below. V. 69, p. 591.
Albany Lease Bill. See Boston & Albany above.— V. 71, p. 84.
Detroit & Lima Northern Ry.— Sale Aug. 31 of Columbus
New York Susquehanna & Western RR.— Col ed Bonds.
& St. Mary's Extension.— The Columbus & Northwestern The following first mortgage bonds of the Susquehanna
Ry., commonly known as the Columbus & St. Mary's exten
Connecting RR. have been drawn for the sinking fund:
sion of the D. & L. N., is advertised for sale Aug. 31 at Belie
Nos. 49, 58. 67. 78, 79, 92, 97, 108, 109. 120, 204, 328, 332, 351, 354,
fontaine, O.. under order of the United States Circuit Court 355, 357, 366, 377, 378, 397, 423, 427, 478 and 485.
for the Northern District of Ohio. The upset price is $200,They will be redeemed by the Metropolitan Trust Co.,
000.— V. 71, p. 182.
Trustee, Nos. 37 and 39 Wall Street, New York, at $1,050
Gulf Beaumont & Kansas City Ry.—Sold.— See Atchison per bond, on Sept. 1, 1900, at which date interest will cease.
V. 69, p. 489.
Topeka & Santa Fe Ry. above.— V. 71, p. 135.
Norfolk & Western Ry. Usual Divi tend. The directors
Havana Electric Ry. New Mortgage.— The stockholders
will vote Aug. 30 on a motion to issue $1,000,000 second on Wednesday declared the regular semi annual dividend of
mortgage bonds. A. Marcus is Treas.— V. 69, p. 1300, 1345. 2 per cent on the preferred shares, but took no action as to
Hocking Valley Railway.— Car Trust Called,—Forty- a dividend on the common stock. The income statement for
seven Columbus Hocking Valley & Toledo Railway Co. Car the late fiscal year is given on page 2 ^3 See also V. 71, p. 135.
Improvements President He-nry Fink is quoted as saying
Trust Series "A" of 1894 have been drawn by lot for redempthat
earnings continue large and promise well, but that imtion at par and accrued interest on Oct. 1, 1900, at the At
lantic Trust Co. No. 61 William St., New York, after which provements call for large disbursements. He says
This year, probably, we shall spend even more than we have in other
date interest thereon will cease. V. 70, p. 1291.
years. The main line has been put in good condition, but the branohes
Houston East & West Texas Ry.— Guaranty— Right to need attention. In particular, the old Lynchburg & Durham, the
Call.— Of the $2,700,000 first mortgage 5 per cent bonds, Winston & 8 ilem, the Clinoh Valley and other linns have considerable
trestle work, which has about reached the end of its lite, and needs
$2,178,000 (by arrangement with the holders, having been prompt renewal. These structures we shall, of oourse,
not rebuild,
stamped with an agreement making them subject to call at but replace permanently, either with new bridges or by tilling them
in, wherever ttiat can be done.
105 and interest on any coupon day after six months' notice)
Such work requires muoh money, and my own opinion is that, as it
have been guaranteed by the Southern Pacific Company by adds
nothing to the revenue-earning power of the company, the oost
shown
in
V.
endorsement as
70, p. 841.
should be provided for out of earnings. We have been making renewThe right to stamp and guarantee will continue until Dec. als of this charaoter. but not on as extensive a scale as will now be
The aforesaid $2,178,000 stamped and guaranteed required. Part of the cost has heretofore been charged to improve81, 1900.
ment
but no new capital has been aotually issued for such
bonds have been admitted to dealings on the New York work. account,
We are now ohargtng to expenses some classes of work that
Stock Exchange, the amount of unguaranteed bonds on the were formerly made a charge against capital, and we can afford to do
more In this direction.— V. 71, p. 135.
list being reduced correspondingly.
Earnings.— For the 11 months ending May 31:
Northern Pacific Ry.— Trackage.— See Chicago Milwaukee
Net.
Gross.
Charges.
11 months—
Surplus
&
Sr. Paul Ry. above.— V. 71, p. 30.
$254,132
$723,802
$12.4.750
1899-00
S13(X3S2
Omaha Council Bluffs & Suburban (Electric) K y.— Sold.—
223,849
123,750
645,646
189899
100 u99
—V. 70, p. 841.
George Townsend and W. S. Reed, have sold their holdings
more will be ready for traffic during this year. The remainder will be completed by Dae. 31, 1901, by which date
the contractors have undertaken to have the whole line
fully completed, equipped and open.
" When the main line is completed to the Saskatchewan
River the company will have earned on it and on its branches
now constructed a land grant from the Dominion of Canada
of 2,455,466 acres."
Beattyville, Ky., 7-7
;
1
—
—
—
—
—
—
—
—
—
—
—
—
—
:
—
— ——
August
— ——
:
—
THE CHRONICLF.
4, 1900.J
237
Vera Cruz (Mexico) Railways, Limited. New Company.
England on July 6 by Norton & Co., 67^ Old Broad Street, London, E. C, with a capital of £375,UU0 in £10 shares (12,500 preference and 25,000
ordinary), to acquire, by purchase or ctberwise, the railway
the city of Vera Cruz to the town of Alvarado, the
from
Omaha Street Ry.— See Omaha Council Bluffs & Suburban same being 46 miles long; another railway from San Juan to
While unwilling to state the price
to C. W. Wattles.
paid, Mr. Reed said he turned over stock amounting to
$1,000,000 and first mortgage bonds to the amount of $600,The purchase is believed to have been made in the in000.
terest of ha Omaha Street Railway Co.— V. 70, p. 1150.
—This company was registered in
I
Ry. above. -V.
67, p. 843.
Juile, 18 miles in length the street railways in the vicinity
of Vera Cruz, and a fleet of steamers and other vessels
lately purchased from the Vera Cruz River Navigation Co.;
also certain lands, piers, etc. The directors are: W. D.
Pearson, Bart., M. P., L. Camacho and J. B. Body. Registered office, 12 Victoria Street, S. W.
;
Peoria Decatur & Evansville RR. Purchaser in Possession.— On Aug. 1, under order of Judge Allen, of the
United States Circuit Court at Springfield, III., this company's property wa9 turned over to A. H. Joline for the I'lim.is
Central RR as already announced. The Mattoon & Evansville RR. Co. has been incorporated to hold the Evansville
division.— See V. 71, p. 135.
Appeal —Judge Allen has also allowed the appeal of certain stockholders of the Peoria Decatur & Evansville RR Co.,
who are attempting to reopen the foreclosure suit.— V. 71,
,
p. 135.
Railways Company General.— Sale.— The company has
&
sold its holdings in the Philadelphia
Bristol Passenger
Railway Co. to parties supposed to be interested in the New
Jersey & Philadelphia Street Railway Co.— V. 70, p. 1049.
Louis & San Francisco RR. Colled Bonis.— Five
mortgage- bonds dated July 29, 1879, issued on the former
Missouri & Western Railway, Peirce City, Mo. to Oswego,
Kan., viz.: Nos. 126, 202. 217, 274, 474, have been drawn
for payment on Nov. 1, 1900, at the Mercantile Trust Company, 120 Broadway, at 105 and interest". Interest will cease
on Nov. 1, 1900. The preliminary statement of earning*,
charges, etc., for the late fiscal year, is given on page 233.
Winchester Avenue RR. of New Haven.— Directors.— At
the annual meeting on July 30, notwithstanding formal protest by the Kelsey interest, the stock in litigation was voted,
a beard of directors being elected to represent the Fair
Haven & Westville control.
Suit.— Vice-Chancellor Stevens in New Jersey has dismissed the petition for a temporary injunction asked for by
Israel A. Kelsey to prevent the sale of the control of the
company to the Fair Haven & Westville, but the suit involving the alleged option on the stock, it is stated, will be heard
on its merits in the fall. See V. 71, p. 65.
St.
first
,
—V.
71, p. 85.
Salina
Pacific
& Southwestern
Ry.
Foreclosure.— See
Union
RR. below.
Silver Springs Ocala & Gulf RR.— Guaranty.— The folis the form ( f guaranty by the Savannah Florida &
Western Railway Co. endorsed on $1,120,000 of the bonds
of the Silver Sprirjgs Ocala
Gulf RR. Co.
For valne received, and under the provisions of the agreement men-
lowing
&
tioned in the certificate following this endorsement, the holder ot the
within bond agrees that from July 1, 1892, and until maturity thereof,
it ehall bear interest at the rate of 4 per cent per annum, payable
semi-annually on the first days of January and July in each year, instead of at the rate of 6 per cent. In consideration whereof, and for
other valuable considerations, the Savannah Florida & Western Railway Co. hereby guarantees the punctual payment in gold by the Silver
Springs Ocala & Gulf KR. Co. of the principal of the within bond and
interest thereon, commencing with that which will be due January 1,
1893, and until the maturity thereof, at the rate of 4 per cent per
annum, payable semi-annually as aforesaid in gold, as the same shall
respectively mature.
Land Grant. —Regarding the land grant, etc., a statement
to the New York Stock Exchange says:
The bonds are limited to $15,000 per mile and cover the railroad
and the real estate, structures, franchises and equipment owned or
hereafter acquired, and also 4, 00O acres per mile of road, or as much
thereof of the lands which may enure or come to the railroad company under the special jirant of the State of Plorlra to the said road
made March 12, 1*79. and thereafter. The proceeds of the sale of
these lands must be used by the trustees exclusively for the retirement of bonds; 300.000 acres of land, being all the and subject to the
mortgage at this time, have been deeded to the trustees.
See also statement under "Annual Reports."— V. 70, p. 1292.
Solomon RR.— Foreclosure.— See Union Pacific RR. below.
South Side Elevated RR. of Chicago— See Chicago &
South Side Rapid Transit RR. above.—V. 70, p. 1250.
Toledo St. Louis & Kansas City Ry.— Transferred.— See
Toledo St. Louis & Western Ry. below.— V. 71, p 183.
Toledo St. Louis & Western Ry.— Possession Taken.—The
property of the Toledo St. Louis & Kansas City Ry. was turned
over to this company on Aug. 1, Benjamin Norton is President and General Manager.— V. 71, p. 183.
Union Pacific RR.— Common Stock on 4 Per Cent Basis.—
The directors on Tuesday declared semi annual dividends of
$2 a share on both the common and preferred stocks, payable
on Oct. 1. The transfer books close on Aug. 25. The first
dividend on the common stock was 1% per cent, paid in April
last.
The present declaration places that stock on a 4 per
oent basis, as foreshadowed in the Chronicle of July 14.
President Burt is quoted as saying:
We have been discussing the details of expenditures for the current
year, but have not arranged for anything out of the ordinary. A great
deal of money h« s all eady been put into the property, and although
it may seem to be in fine condition,
we propose to bring it up still
higher. The outlook for business along the Union Paoifio system is
very bright. While the cions have not been extra large, thev are very
satisfactory and a large tonnage is assured. The Union Pacific's relations wiih the Northern Pacific and other lines In near-by territory
are harmonious.
The preliminary report for the late year is on page 233.
Sale.— Judge Sanborn, of the United States Circuit Court,
at Leavenworth, Kan., on July 20, issued decrees for the
foreclosure sale of the Salina
Southwestern Ry. aod the
Solomon RR. to satisfy claims of $1,175,201 and $739,339,
respectively. The S.
S. W. extends from Salina to McPherson. Kan., 35 miles, and the Solomon RR. from Solomon to Beloit, Kan., 57 miles.— V. 71, p. 85.
&
&
Yelasco Terminal Co.— Sale Ordered.—The District Court
at Angelo. Texas, has ordered the sale of this property on
Sept. 4. The upset price is $50,000
amount
Claims class
tc $49,000
class B, $9,000; class C, $14,000; unpreferred
claims, $50,000.—V. 69, p. 284.
A
;
INDUSTRIAL. GAS AND MISCELLANEOUS.
American Air Power Co. Meeting Postponed.—The
meet-
ing to vote on dissolution has been postponed until Aug. 30.
-V.
71, p. 86.
—
Co. Listing of Extended Bonds.
On Aug. 1 $1,200,000 of the $3,000 000 debenture bonds due
Nov. 1, 1900, extended to Nov. 1, 1915, at 4% per cent, were
admitted to the list of the New York Stosk Exchange, the
amount of the unextended bonds being correspondingly reduced. The remainder of the issue will be included with the
extended bonds as notice is given from time to time of their
extension. No change is made in the debenture bonds except in the rate of interest and the date of the maturity
thereof. The first coupon of the extended bond is due and
payable on Feb. 1, 1901, and the succeeding coupms on May
Extensions may be
1, Aug. 1, Nov. 1 and Feb. 1 thereafter.
made up to Sept. 1, 1900; thereafter the privilege will be
subject to the decision of the directors. See also V. 70, p. 843.
American Cotton Oil
American Enameled Paper Co. of Ellington, Conn.—
Mortgage.— The company has made a mortgage to the International Trust Co. of Boston, as trustee, to secure $100,000'
twenty-year 5 per cent bonds. The proceeds are to be used
for additions and improvements.
American Sugar Refining Co.— Discount. Arbuckle
Brothers on Tuesday gave notice that "a trade discount of
1 per cent will be allowed on all purchases of sugar, to be deducted from invoice." This discount is in addition to the
fifteen- point and 1 per cent discount allowed by the various
companies. (See V. 71, p. 136.) While the other refineries
have not cpenly offered the same discount, it is thought they
may be giving its equivalent in some form.
Old Plant in Operation.— On July 25 the company's refinery
in South Boston, formerly owned by the Continental Sugar
Refining Co., was put in operation, producing, it is said,
1,800 barrels of sugar daily.— V. 71, p. 136.
—
American Sulphur Co. of New York.— Incorporated.—
This company has been incorporated in Wtst Virginia;
authorized capital stock, $5,000,000. Incorporators -W. E.
Spier, T. S. Coolidge. A. N. Burbank, H. D. Selleck, E. L.
Ashley, all of New York City
E. Ashley, Attorney, New
York City. The company, it is stated, will operate sulphur
deposits in the Tacorab Mountains, on the boundary between
Chili and Peru, the sulphur being in sight in large quantities
and easily mined.
American Tobacco Co. Net Earnings. The company reports its net earnings as follows, after deducting all expenses
and charges:
;
—
1900.
$1,532,429
3,075,279
Quarter ended June 30
Hall-year ended June 30
— V. 70, p. 1096.
Atlas Tack Co.— Officers.
H. H. Roger* H. H. Rogers,
,
Trea?.),
Changes.
1899.
$1,140,193 Inc. $392,236
2,041,019 Ino. 1,034,260
—The directors are
Jr.,
:
Urban H. Broughton (Seoretary and
John Bushnell, G.W. Weymouth (President'.— V. 71,p.l36.
—
Bethlehem Steel Co.— Con tract. The company has received a contract from the Russian Government for 2,000
tons of Krupp armor to be delivered in 15 months. — V. 70, p.
1251.
Birmingham Realty Co.— See Elyton
Co. below.— V. 70,
p. 232.
Boston Electric Light Co.— Annual Report.—The report
ended June 30, 1900, shows:
for the year
Tear.
1899-00
18^8-99
— V. 70, p.
Gross.
$990,797
910.892
Net
Interest.
$459,470
305,920
$91,958
53,522
Dividend.
$184,724
143,908
Surplus'
$182,788
108,490
843.
Brooklyn Wharf & Warehouse Co.— Withdrawal of Leased
Property.— Justice Hooker, of the Supreme Court, brooklyn,
on Thursday granted permission to Francis Beard, William
Beard and Jeremiah Robinson Beard, as trustees undi r the
of William Btard, to begin summary nroceedings
will
against the receiver to recover the property of the estate
Warehouse
operated under lease by the Brooklyn Wharf
Co. and its receiver. The property is described as including
&
——
— ——
THE CHRONICLE.
238
"the entire Erie Basin, with the exception of that part of it
occupied by the old Anglo American warehouses and the dry
docks, all of which are owned by the John H. RobiDs CoThere are two grain elevators with a capacity of 2,500,000
bushels." William Beard is quoted as saying
The original lease of the property was broken when the warehouse
company went into the hands of a receiver. Then a temporary arrangement was made for six months, and this terminates on Aiik. b.
We will also do a grain business if we can get ir, but there is little
grain storage on the ooast any more, most of it being stored in railroad
elevators.
The rental for the Beard property prior to the receivership
was §225,000 annually, under a 20 year lease.—V. 70, p. 1197.
California Products Co.— Incorporated.—This company
was incorporated at Trenton, N. J., on Wednesday with
$5,000,000 of authorized capital stock, of which one-half is 8
per cent cumulative preferred, to manufacture oils from
seeds, olives, etc., and to deal ia fruits and cream of tartar.
Incorporators: George A. Helme, Fred J. Stinson, E P.
JohnsoD, Victor Hungerford and Samuel Thorn Jr., of
Jersey City.
Central Hudson Steamboat Co.— New Acquisition —The
company has secured control of the Newark and New York
line of boatp, four in number. See V. 68, p. 771,— V. 69, p. 1195.
Central Oil Co.— Purchase.—The company has purchased
for cash the remaining nine-tenths interest in the Old Colony
Oil Co. for about $1' 0,000. The property acquired is located
6 miles south of St. Mary's, West Va., and its production is
said to be about 200 barrels a day, raising the Central Com
pany's output to 1,000 barrels a day. The new property, it
is said, will be paid for out of the net earnings.— V. 70, p. 1093
Chambly Manufacturing (Electric Co.) of Montreal.—
Contract— See Royal Electric Co. below.
Chicago Packing & Provision Co.— Protective Committee.
In view of the proposal to liquidate the English Company,
holders of 4,500 shares of common stock met in Chicago on
July 30 and appointed the following committee to look after
their interests: John F. Jelke, A. C. Terrv, Charles Henrotin, Charles Crawford, E. R. Dillingham— V. 70, p. 1293.
Columbia Straw Paper Co.— Forecl sure.— Foreclosure of
the company's property was ordered several weeks ago by
the United States Court for the Northern District of Illinois,
and an ancillary decree has recently been entered in WisconThe foreclosure suit was brought by the Northern
sin.
Trust Co. of Chicago, as trustee, under a $1,000,000 mortgage
made in 1892, aud long in default. The validity of the mortgage was called in question, but was upheld by the courts
The company's property is said to include plants at Lafayette,
Ind.; Clarksville, Mo.; Elwood, 111.; Enon, O., and a fifth
plant in Ohio that has been partially destroyed by fire.
Commercial Cable Co. New Cable. The new cable be-
—
—
tween Fayal (Azores) and New York via Canso(Nova Scotia),
owned by the company, has been laid, and was opened Aug
1 for telegraphic service.
— V. 70, p. 948.
Bankrupt. —This
Elyton (Land) Co. of Birmingham, Ala.— Receiver.—
Chancellor Carmichael at Birmingham on Aug. 1 appointed
capital stock.
Continental Tobacco Co.— Net Earnings.—The company
reports its net earnings as follows:
',0,
p.
1900.
1899.
$1,004,572 $1,273,073
2,277,644
F. M. Billings of Montgomery receiver of the company on
application of one Morris, holder of stock and dividend trust
bonds of the Elyton Co. of the value as stated of $20,000, who
is seeking better terms for his holdings than was accorded
the securities that assented to the reorganization plan (V. 68,
p. 1180) under which the Birmingham Realty Co. was formed.
Appropriate proceedings have also been tak^n to protect the
security holders of the latter company.— V. 69, p. 1303.
Empire Consolidated Quicksilver Mining Co. Consolidation.
This company was incorporated recently uu^er the
laws of New Jersey with authorized capital stock $5,000,000,
par value of shares $10, to acquire California quicksilver
properties, aggregating, it is said, 3,884 acres, as follows:
Sulphur Banks Quicksilver Mining Oo., Lake County, Oal.; Abbott
Quicksilver Mining Co Lake County, Oal Empire Quicksilver Mining
Co., Colusa County, Oal., and Central Quicksilver Mining Co., Colusa
County, Cal.
—
;
,
The
company are
Wm. Henry Dowe, of the law firm of Dowe & Hartridge,
New York; First Vice-President, Henry H. Adams, President H. H.
Adams & Co., New York; Second Vice- President and General Manager, Riley A. Boggess; Treasurer, Wm. H. Kimball, President Seventh National Bank, New York; Thomas H. Williams, Vice President
A. A. Gnffing Iron Co., Jersey City, N. J.; Fletchers. Heath, VicePresident Seventh National Bank, New York; William Sherer, Manaeer New York Clearing House; Hon. Warner Miller, New York; Col.
Albert A. Pope, Boston, Mass.; Robert Ansley, American News Co.,
New York; Isaac Fromme, Register of the County of New York.
The stock was issued in payment for the properties named
directors of the
:
President,
and
is
outstanding; it is described as full-paid and nonThe par value of shares is $10, but a limited
was lately offered for subscription at $7 a share.
all
assessable.
amount
The office
is at No. 35 Nassau St.
Equitable Illuminating Mas Light Co. of Philadelphia.—
Output. The statement filed with the City Comptroller of
Philadelphia showing the gas consumed in the quarter ended
June 30 compares with the two correspondiug periods of
—
1699
and 1898
as follows
:
190 °-
30—
Quarter ended June
Cubic feet
Gross revenue
Ten per cent to city
871.260,690
$871,261
87,126
1899
-
1898
-
782,864.730 719,486,070
$782,865
$719,486
78,286
71,948
—V. 70, p. 232.
Herring- Ball-Marvin Safe Co.
—
Reorganized Company.
This company was incorporated yesterday at Trenton, N. J.,
with $3,300,000 capital stock, as successor per plan in V. 68,
p. 232, and V. 70, p. 639, of the Herring HaH -Marvin Co.,
foreclosed. Of the total capital stock. $1,650,000 is common;
$600,000 is 7 per cent non cumulative first preferred, and $1,•50,000 is 7 per cent non-cumulative second preferred. Each
$100 of the $1,500,000 old common stock paying assessment of
$6 will be exchanged for $50 new common and $6 first preferred. Each $100 of the old 8 p. c. preferred paying assessment of $12 will be exchanged for $50 new common, $12 first
preferred and $50 second preferred.—V. 71, p. 185.
•
Continental Iron Co.
company, operating mills at Niles, Ohio, and Wheatland, Pa., has filed a
petition in voluntary bankruptcy. The action was precipitated by a suit for $225,000 and interest amounting to $18,000 instituted by Rogers, Brown & Co., the Tennessee
Iron & Railway Co. and the Virginia Iron Co. The Continental Company was organized last August with $200,000
Quarter ended June 30
Hall-year ended June 30
[Vol. LXSI.
certificate of incorporation amended to embrace the additional powers granted by the incorporation law recently put
in tfftct.
The stockholders on Wednesday approved the
change.— V. 70, p. 632.
:
—V.
—
Changes.
Deo. $*68,d02
1051.
Danville- Bessemer Co.— Site Authorized.—The stockhold
ers on July 30 voted unanimously to authorize the directors
to sell all or any portion of the plant and to distribute the
Eroceeds, together with any moneys in the treasury, to stock
olders of record at the time cf distribution. Canadian interests, it is stated, are negotiating for the purchase of the
steel plant and rail mill. The quick assets are reported as
aggregating $240,791, including .$218,000 ea«h in bank drawing 2 per cent interest. The materials on hand are valued at
$83,294, making the total floating assets, including miscellaneous, $350,520
Bills payable, $19,406; net, $331,114.
The
—
International Packing Co. Debentures Purchased. The
" Chicago Economist" says
The companv has bought in more than $600,000 of its 6 per cent
debentures. The Wabash Avenue property and the remaining half
of the old Jones & Stiles property at the Stook Yards were lately sold
for about $100,000, but other money as well has beer> applied to the
purchase of debentures. There are now outstanding in the hands of
the publioless than $1,900,0 Oof these securities, of whiob $2,500,000 were originally issued. Of late the debentures have sold as low
This inas 45. No interest has been paid on them since Ma>
1898.
terest is cumulative. The purohased securi lies, therefore, carry over
1
percent interest. The purchased debentures are held in the treasury uncanceled at present, and may eventually be retired. The company is now the largest of the smaller Chioago packing concerns. It
has sold none of Its productive property. Besides the plant at the
Union Stook Yards in this city it has an establishment at Sioux City,
which is running. In addition to its plants the company had $1,065,f>25 working capital at its last statement. There is no money for the
company in the packing trade ct present; but the property has no
fixed charges and seems to be in a position to endure a long term of
:
,
depression.— V. 70,
p.
897.
Jasper County Oil & Gas Co. Purchase.— A press dispatch states that the company has completed the purchase of
all the leases of the New American Oil & Mining Co. InterState Petroleum Oil & Gas Co. and State Oil Co., thus ac,
" Philadelphia Financial News" says
The entire plant at Danville originally oost $800,009 and the present quiring over 8,000 acres of oil and gas territory in Starke,
company paid $600,000 for it; $<s75.000 has been expended in im- Jasper and Pulaski counties, Ind.
provements. This makes the entire cost $875,000. President WhittJefferson & Clearfield Coal & Iron Co.— Dividend.— The
man states that the plant is a good one, but that it oannot compete at
present prices. The management has reduced expenses. The General first dividend, 2 per cent, on the common stock is payable
Manager has retired, and the President will sever his connection with Aug. 15, and at the same time will be paid the regular semithe company Sept. 1.
of 2^£ per cent on the preferred. The BafThere are outstanding 240,000 shares of stock, par value $5 annual dividend
falo Rochester & Pittsburg Ry. Co. at last accounts owned
full paid.— V. 71, p. 137.
all of the $1,500,000 common stock and $300,000 of the $1,Daylight Prism Co. of Pennsylvania.— Merger.— The 500,000 5 per cent non-cumulative preferred stock. There
stockholders on Wednesday voted to merge the company in are also $2,000,000 of first mortgage and $1 000 000 of second
the Daylight Priem Co. of America. The holders of the mortgage 5 per cents of 1896 due June 1, 1926, interest J&D
Pennsylvania C )in pany's $i00 000 common stock, it is stated, at the Guaranty Trust Co. See full statement on page 157
will receive $80 new common for each share ($50) of the old; of Investors' Supplement for October, 1897.— V. 71, p. 185.
the $75,000 preferred is to be exchanged phare for share. See
Lowell Electric Light Corporation.— New Stock.— The
also V. 70, p. 741 and V. 69, p. 90S,— V. 70, p. 1150.
Massachusetts Gas & Electric Light Commissoin has auDe Long Hook & Eye Co.— Listed in Philadelphia.—The thoriz-d $100,000 new stock (par $100), to be offered to stockcompany's $950 000 capital stock, par $10, full paid, has bpen holders at par in proportiou to their present holdings. The
listed on the Philadelphia Stock Exchange.
See V. 70, p. 688 stock on July 1, 1893, was $300,000; bonds, $1S3.000.
Electric Storage Buttery Co.— Extended Powers.— This
Magnus Metal Co.— On Curb.— This company, whose
company, already a New Jersey corporation, is to have its shares began this week to be traded in on " trie curb,*' was
:
—
Auqcst
—
—
THE CHRONICLE.
4, 1900.J
described in V. 70. p. 282.
beatings and journals.
The company's products are car
Maritime Canal Co.— Property Seized.— A cablegram announces that on Ang. 1 the Government of Nicaragua took
possession of the property of the company, and removed the
cars, rails, etc to the interior from Greytown, under Article
54 of the concession. The company's concession was declared
forfeited by the Nicaragaan Government on Oct. 10, 1899,
on the ground of non fulfilment within the 10-years' term
stipulated in the contract. The Maritime Canal Co. lodged
a protest against this action, but on Thursday of this week,
before the National Congress. President Zelaya of Nicaragua
announced the termination of the concession arid formally
proclaimed the existence of the Eyre-Cragin canal conces
The facts regarding
sion.
(V. 70, p. 844; V. 69, p. 1197.)
the Evre-Cragin concession were in the Cuhonicle of Dec.
,
239
Shelby Steel Tube Co.— New President.— C. T. Boynton
has been elected President to succeed W. E. Miller, who
accepted the presidency temporarily last spring.— V. 70,
p. 949.
Structural Iron & Steel Co. of Baltimore.— Increase of
Stock.—The company has issued $100 000 6 per cent preferred
ptock,
making the
The company
and purchased the
total capital stock $200,000.
was incorporated in Delaware June
property of the Structural Iron Co.
4,
The
directors are:
President, William T. Stlllwell; Vice President & General Manager,
Jules W. Leroux; Secretary <fc Treasurer, Charles N. Boulden, and
Lawrence B. Kemp and Frederick Snare.
Topeka Water Co.— Negotiations for Sale of Property to
City.—The directors on July 20 approved the agreement
between President Street and the Waterworks Committee
This agreement was adopted by the
of the City Council.
10, 1898, page 1208.— V. 70, p. 897.
City Council July 7 and provides that the value of the
McLean Arms Co. Neiv Company.— This company was in- company's plant shall be fixed by engineers to be appointed
corporated in New Jersey on July 21 as successor of the by both parties; if they cannot agree they shall select a
McLean Arms Co. of Ohio. The capital stock is divided into third engineer to confer with them, the decision then reached
$2,500,000 7 per cent preferred stock and $3,5(10 000 of com- by a majority as to the value of the plant to be regarded as
mon stock. All the common stock and $2,000,000 of the pre- final. It is stated that there is a general disposition on the
ferred stock, it is stated, will be sold. Tde incorporators are: part of the members of the City Council to favor the purM. Hartley, C M. Dally, J. W. Cowles, H. W. Kltohen, M A. Bradley, chase of the old works rather than the building of a new sysS. N. McLean, J. J. Astor, W. D. Condit, O. R. Flint, W. G. Montgomery.
tem. An important consideration in favor of this settlement
National Roofing & Corrugating Co. of Wheeling, W. Va. of the difficulty is the favorable effect which it will have on
Incorporated.— This company has been incorporated in the credit of the city, through conserving the company's
West Virginia to effect, it is said, a consolidation of the con- vested interests in place of destroying them by establishing
cerns represented by the incorporators. The capital sub- an independent plant. V. 70, p. 636.
scribed is n' urinal, hut the privilege exists of increasing the
Trenton (N. J.) Milling Co.— Stock.— The Union Trust
same to $5,000,000. The shares are $100 each and are held by Co. of Philadelphia lately offered for sale $30^,000 of the
G. E. Needham, Cleveland; E. Langenbach, Canton, O. A. company's 5 per cent preferred stock, redeemable Jan. 1,
J. Hyndman, Cincinnati; Frank G. Caldwell, Wheeling, and
1911, at par, and $401,01)0 of its 7 per cent common stock, reR. T Scott, Cambridge, O.
deemable Jan. 1, 1926. The stock to be sold only in the
Oakland Gas Light & Heat Co. Control of Rivil Com- proportion of three shares of preferred stock and four shares
pany.—Manager John A. Britton, it is stated, has acquired of common stock or any multiple thereof. Prospectus says:
—
;
practically the entire $200,000 capital stock of the Oakland
Equitable Gas Co., which was irganized about two years
ago, and built an opposition plant.
Omaha Water Company.— Called Bonds.—The company
The purpose of the new issue is to increase largely the milling capacity by ereoting additional buildings and machinery, to form an increased working oapital and to increase more than sevenfold the
The works of the
profits shown by the daily output of 100 barrels.
company have been in successful operation during the last 30 years,
turning out flour of the highest grades.
has called for payment the $188,000 City Water Works Co.
first mortgage bonds, and will pay the same, principal and
The company is a New Jersey corporation, and its total
accrued interest, at the office of the Farmers' Loan & Trust capital stock is $750,000; par value of shares, $100; "no
bonds; no debts." The "principal of both preferred and
Co. The interest ceased Ang. 2, 1900.—V. 69, p. 131.
Osborn Mills of Fall River.— Sale of Stock.—The $150,- common stocks at par, and regular dividends at fixed dates,
000 new stock authorized on April 24 was sold at auction on are guaranteed by the Union Trust Co. of Philadelphia."
Jnly 13 at par, to the company's Treasurer, Joseph Healey, actTroy Steel Co. Suit. Attorney- General Davies at Albany
ing, it is supposed, for directors of the company.
The stock- on July 26 gave a hearing on the petition of Alfred J. H.
holders generally preferred the cash dividend of 25 per Swett of Troy that an action be brought by the State to
cent to taking the company's new stock and it was therefore dissolve
Benjamin E. Da Groot, as
the
company.
thought best to dispose of the stock at auction.—V. 70, 948.
counsel for Mr. Swett, alleged that the company is indebted
People's Gas Light & Coke of Chicago.— Earnings.— For to Swett for $4,181, that the property is not sufficient to pay
the quarter ending June 30 the sales of manufactured gas to the debts of $2 000,000 with overdue interest, and that it has
private consumers, as indicated by the company's payment not been opiated in two years and has no income. Julius S.
to the city, aggregated $1,506,882, an increase of 15 per cent Workum of Reed, Simpson, Thacner & Barnum of New
over the corresponding quarter last year. Following is a York, representing the company, declared that the company
comparison with previous years:
has leased one of its plants and is carrying on business. The
If 00.
1899.
1898.
Attorney- General gave counsel until Sept. 15 to submit
Three months ending June 30
$1,806,882 $1,302,543 $1,181,462
briefs.
Six months ending June 30
-.3,287,618
2,847,754
2,617,688
f
-V. 71, p. 33.
Union Stock Yards Co. of San Francisco.— Sold.— "RoPhiladelphia Electric Co.— Instalment Called— The as- deo," established by the company in 1892 at a cost, it is said,
sessment ot $2 50 per share has been formally called; $1 25 is of $700,000, was sold under foreclosure on July 16 to the
to be paid Nov. 21, 1900, by holders of record at 12 m. Nov. Great Western Smelting & Refining Co. for $23,000. The
10 and $1 25 on Jan. 21 by holders of record at 3 p. M. Jan. decree of foreclosure was granted to the California Safe Da10.-V. 71, p. 185.
posit
Trust Co., as trustee, under a mortgage upon which
Royal Electric Co. of Montreal.— Contract— Earnings, $380,844 was due for principal and interest. The proper ty as
sold, it is stated, embraces about 30 acres of land on San
Etc. An exchange eays
This oompany, which manufactures eleotrioal machinery and sup- Pablo Bay, 7 buildings, ice plant, machinery and fittings for
plies light, power, etc., has contracted with the Chambly Manufactur- meat packing and a wharf and railroad tracks.
On account
ing Co. for all the power produced by the latter during the next 50 of the low price it was thought the sale might not be conyears. At the end of the 50 years the plant used for the distribution
firmed.
o" this power is to be handed over to the Chambly Company in good
condition. The Chambly Company is to erect a building for the genUnited Stales Flour Milling Co.— George W. Ballou, Seceration of power and a sub-station in Montreal. All the Chambly retary
of the committee, says: " The reorganized company
contraots are taken over by the Rojal. The Royal will pay the Chambly $li per annum per horsepower for the first 15,350 horse power, will have fixed charges amounting to only $355,000 annually.
and $10 per horse power for all in excess of that amount. It is calcu- The records of the earnings of the mills show that they cen
lated that the loss in transmission will be 12 per cent. Senator Forget earn
$700,000 under adverse conditions."— V. 71 p. 185.
Is
—
'
'
&
—
:
President of both companies.
,
For the year ending May 31, 1900, results were
Gross revenue $1,519,912; net $597,931; intf rest and fixed charges
$41 ,239; balance Det irofit for the year $556,692, including $3 0.000
realizpd out of the investment in the Chambly Mfg. Co. Dividends
(8 p. o. per annum) called for $157,026, leaving balance $-199,666.
The capital stock on May 31, 1900, was $2,260,000; debentures outstanding $56>,560.-V. 69. p,757.
:
Rubber Goods Manufacturing Co.— Earn ings.— For the
months ended June 30 the earnings were $1,208,487, which
six
equal to over 6
United States Pneumatic Horse Collar Co.— Committee,
—The stockholders on Tuesday appointed the following committee to examine the books of the company in the interest,
of the stockholders and to formulate a plan to finance the
company: C. W. Van Houden, Edward H. Cloud. Theodore
F. Humphrey, G. S. Van Pelt and J.
Welsh.— V. 71, p 140.
H
— The new school of practical
agriculture and horticulture
on the common stock after allowing at Briarcliff Manor, on Putnam Division of the New York
for the six months dividend on the preferred stock.— V. 70, Central & Hudson River RR,, is the subject of an interestp. 1099.
ing folder just issued by the road's passenger department.
Schoenhofen (Peter) Brewing Co.— Liquidation.— The Briarcliff Manor is reached by 16 trains per day from New
P'oposition to wind up the English company was carried at York; commutation ticket fare, 14 cents per ride. The new
the preliminary meeting of the shareholders last week in botanical gardens and museum in Bronx Park, on the Harspite of the opposition of minority holders.
Legal proceed- lem Division, are the subject of still another circular.
ings to prevent the liquidation are threatened.—V. 69, p. 1298.
— Portsmouth, Va., thirty-year 4 per cent funding bonds
Schuylkill Brewing Company.— Sale.—The sale of the are offered for sale by Rosenberger & Livermore. specialists
stock of this company, which controls 13 breweries in in Southern and Western bonds. See their advertisement on
Schuykill, Montour and Northumberland counties, it is page 254.
understood, has been arranged to a svndicate represented by
list of choice mortgage bonds and guaranteed stocks
A. J. Kile. Walter Lyon and George M. Hosack, all of Pitts- for "August Investments" is advertised on page viii. by
burg, tor $4,000,000.
Redmond, Kerr & Co.
is
p. c.
—A
)
:
,
THE CHRONICLE.
240
[Vol.
LX3f
%zpoxts un& ^otxxmmts.
NATIONAL TUBE COMPANY.
ANNUAL REPORT- FOR THE FISCAL YEAR ENDING JUNE
FIRST
Financial Offices, 26 Cortlandt Street,
New
To
York, August
Tube Company
the Stockholders of the National
The Directors submit herewith
and statement of accounts for the
1st, 1900.
their first annual report
year ending June
fiscal
30, 1900.
About four-tenths of the material which is finished and
shipped in tubular form is manufactured by the company
direct from the ore, such process entailing the t melting of
the ore into pig iron, the conversion of the pig iron into
steel, the blooming of the steel into billets, the rolling of
the billets into strips, from which tubular goods are directly
made.
30, 1900.
The Company manufactures directly from pig metal and
scrap a large portion of its iron products in its rolling mills,
The amount of the Capital Stock issued and outstanding is. the capacity of which is not only sufficient to utilize all of
the steel made from the ore, but enough to furnish a large
$40,oro,OGO
Common Stock
40.c00.000 portion of its iron strips including an extensive forge and
Preferr. d Stock
iron bloomery in which is made all grades to the highest of
Of this there is held in the Treasury Department for the charcoal iron for locomotive boilers, etc.
benefit of the Corporation
The Company has no outstanding bonds and no mortgages or liens of any description upon any of its properties.
37 Shares Preferred Stock.
SHARE CAPITAL.
1,396 Shares
Common
Stock.
PREFERRED STOCK DIVIDENDS.
During the past year, and at regular quarterly periods,
The properties owned by the National Tube Company may dividends at the rate of seven per centum "($2,800,000) were
foe briefly described as follows:
distributed to the Stockholders of this class from the cur-
THE PROPERTIES AND FREEDOM FROM
LIEN.
Acres of
Loealion.
tiround.
rent earnings.
Plant.
McKeesport and
PiUBburg. Pa. ...90
Oohoes.N.
Y
Syracuse, N.
lCs
Y
3
Pa
Pipe and
other Tubular Specialties.
National Galvanizing Works— Galvanizing,
Kalameining, Tinning .and other anti corrosive treatments.
Syracuse Tube Company— Special high-grade
Locomotive and Marine Boiler Tubes.
Pennsylvania Tube Works— Lap and ButtWeld Pipe Works, manufacturing Gas,
Water and Oil Line Pipe and other Tubular
Specialties, in sizes is" to 28" inclusive,
both black and galvanized.
30-92 Ohio Tube Company— Pipe Plant for Black
Warren, Ohio
and Galvanized Merchant Pipe.
Philadelphia, Pa... 4*2 Allison's Manufacturing Company's Boiler
Tube Works.
New Castle, Del.... 66
Morri9, Tasker <& Co. and Delaware Iron
Worts— Electric Light, Telephone & Telegraih Conduits, Poles and other Tubular
Pittsburg,
15
Specialties.
Chester,
Pa
15-4
Oil City,
Pa
10-2
Chester Pipe & Tube Companj's Oil Well
Tubing, Casing and Line Pire Works and
lease of Tidewater Rolling Mill.
Oil City Tube Work's Oil Well Tubing, Casing, Line and Merchant, Black and Galvanized Pipe Plant.
Youngstown, Ohio.10'94 American Tube & Iron Company's Lap-weld
Pipe and Tube Plant for regular and speoMiddletown, Pa
Pittsburg,
—
Pa
Wheeling. W. Va.
Benwood, W. Va.
one and one-half
centum was declared on the Stock of this class, payable
August 15th; the sum of $2,400,000 (equal to six per centum
15th, a quarterly dividend of
per
of the Common Stock) being segregated from the earnings
of the last year as a provision for distribution to Common
Stockho ders in quarterly payments during the present fiscal year, as dividends may be declared.
>
SPECIAL WORKING CAPITAL INVESTMENT ACCOUNT.
The amount of $2,908,119 20 from current earnings was
applied to the purchase of investment bonds of a par value
of $2,800,000. These bonds are all of the first class and
yield a yearly income of $87,250 00. They are taken at par
only, the premium ($108,119 20) having been charged off to
Profit and Loss, and not added to the investment value.
CONDITION OF PLANTS AND DEPRECIATION ACCOUNT.
During the past year a large amount was expended for the
maintenance and improvement of the properties, which has
been charged to the cost of manufacturing. Although we
believe that our buildings and machinery have been kept up
to the highest possible standard of efficiency, there has
been reserved for "Depreciation" the further sum of
$500,000.
RESERVE FOR COLLECTION OF OUTSTANDING ACCOUNTS.
To provide for possible loss in the collection of outstanding accounts, the sum of $175,000 has been specially set
aside.
INSURANCE.
iailong lengths.
& Iron Company's Pipe
Tube and Galvanizing Plant.
1425 Oil Well Supply Company's Elba Ironworks
12-23 American Tube
68
Steubenville, O..)
-Rolling Mills
Oil Well Supply Company's Continental Tube
Works.
Riverside Iron Works, Bar and Guide Mills—
Blast Fur ,,aces. Steel Works. SSelp Mills
Galvanizing Works, Naii Factories, Tube
Works, Coke Plant and Coal Properties.
The Coal properties owned are located as
follows:
Steubenville, O.. 77 acres; Wne<-1Va., 200 acres; Benwood, W. Va.,
328 acres; Fayette Co., Pa.. U9< aores
This latter tract is a part of the CoDnellsville coking coal. Total, 1,*)01 acres.
Pittsburg Tuoe Works' Pipe Plant.
ing.
Pittsburg,
COMMON STOCK DIVIDEND.
On May
Ha Cohoes Tube Works-Bedstead
Pa
Versailles,
National Tube Worts, comprising—
National Pipe Department.
Boston Iron & Steel Works,
National Rolling Mills.
MoLongabela Furnaces,
Monongalrela Steel Works,
Republic Iron Works
U. S. Seamless Tube Works,
McKeesport Connecting RR.,
National Transportation Co.
Pa
4
W.
The Company manufactures a range
goods, 1-16 in to 36
All the properties are fully insured.
NET PROFITS FOR THE YEAR.
The net
profits
for the fiscal year, after deducting exand reserve, were $13,878,364 6S>.
penses, depreciation
NUMBER OF STOCKHOLDERS.
The number
of stockholders has
more than doubled.
TREASURER'S REPORT AND AUDIT.
The report of the Treasurer and the Audit of the Chartered
Accountants, Messrs. Jones Caesar & Company, is herewith
submitted and made a part hereof.
of sizes of tubular
employing three distinct processes,
viz.: Butt Weldmg, L^p Welding, Solid DrawiDg - Seamless.'
The principal purposes for which these goods are used are:
Steam Heating, Plumbing and Gas fitting Water, Gas,
Electric and Compressed Air Conduits; Air Cylinders';
Water Tubes and Boilpr Tubes for Steam Generation; Water
Grafts, Grate Bars, Hand Rails, Hollow Piles and Structural
Material Hollow Axles
Square, Rectangular and other
special shapes for agricultural purposes Trolley and Electric Light Poles
Hollow Shafting Artesian Pipe Tubing
and Casing; Drive Pipe; Tubing and Casing for Oil Production and Transportation Subway Pipe Galvanizing, Kalameining and Tinning.
Aside from the sizes, styles and qualities of the tubular
goods required for the production and utilization of lit>ht,
heat and water, the company also manufactures many specialties, such as shrapnel cases, projectile forgings and other
forms of war material.
in.,
To
and Board of Directors.
Gentlemen:—
the President
;
;
;
;
;
;
;
;
;
I
herewith submit ray report of the resu^ of the Corpora-
tion's business operations for the twelve months ending
June 30th, 1900, and of the amounts and items of its assets
and
liabilities as
they appear on the Balance Sheet as of
that date.
The accounting is now complete. All Mill Departments
and Sales Agency books have been properly closed and new
The figures in every instance have
balances extended.
been examined and their correctness atfirmed by Chartered
Accountants, and their certification accompanies the Statement.
The new Balance Sheet and a Statement
Genera 1
proven and
of the
Profit and Loss Account of all the Properties, as
certified to, are as follows:
—
—
August
THE CHRONICLE.
4, 1900.]
BALANCE SHEET,
30 TH JUNE, 1900.
00
vestments in securities were authorized to the par value
of $2,800,000. The bonds purchased cost $2,908,119 20, of which sum the entire premium has been charged
out of the profits of the year. The securities forming this
asset are herewith given in detail:
43
74
00
Bond Investment account.
amount
Liabilities.
CAi'irxi.
Stock:
$40,000.000 00
40,000,000 00
Preferred
Common
$80,000,^00
1,158,4*6
1,496 66&*. 0,000
Aocounts Payable
National ru*e Works Company
Reserve for Depreciation
Reserve for Dividends on Common
Stook for year ending June 30, 1900.
Soeplos:
_ ^
, ,
Profits for year per Profit and Loss
13,878,364 69
Aooount
T
pea
2,400,000 00
DETAILED STATEMENT.
$94,233,469 86
1928
S»«
3*4
11*15
3^
1921
100 000
Co.
City of Pittsburg, Pa...
City of Pittsburg, Pa ...
Illinois f^en. RR., Louisville Div
Illinois Central
3*2
1953
100,000
3*s
5
1951 First Mortgage.
1994 First Cone. Mtg.
3**
1949
5
4
1941 First Mortgage.
1941 First Mortgage.
3hi
1948
$94,233,4 69 86
PROFIT AND LOSS ACCOUNT
Foe the Year Ending 30th June,
Profits of the
1900.
Manufacturing and Com-
mercial Business, including Profits derived from operation of National Tube
Works Company, after deducting all ex-
$14,047,115 87
6.4,368 02
penses
Dividends and Interest.
$14,661,483 89
Reserve for Depredation of Buildings,
Plant and Machinery
$500,000 00
Reserve for possible loss in collection of
175,000 00
outstanding accounts
Premiums on Bonds purohased
108,119 20
783,119 20
Net profits for the year
$13,878,864 69
Dividends on Preferred Stook
$2,800,000 00
Reserve for Dividends on Common Stook
for the year at the rate of 6 per cent per
annum
2,400,000 00 5,200,000 00
Surplus after providing for Dividends per
Balance Sheet
$8,678,364 69
We have audited the
books and accounts of the National
for the year to 30th June, 1900, and we cer
tify the above Balance Sheet and relative Profit and Loss
Account to be correct.
Full provision has been made for depreciation of Buildings, Plant and Machinery, and for possible Bad Debts.
Tube Company
Jones, Caesar
54
New
Ohio RR.
Prior Lien
RR.,
St.
Louis Div
00,000 Southern Railway Co
150,000 Chicago Burlington
...
J
QutnoyRR. Co
150,000
Elgin Joliet
&
...
&
.
Wall
Street,
York, 31st July. 1900.
&
Co.,
Auditors.
Tbe items on the Balance Sheet may be commented upon
briefly as follows
OF THE LIABILITIES.
1925
First Mortgage.
Illinois Div.
Mtg.
Eastern
Railway Co
Assets.
Real Estate, Buildings, Plant, Machinery and other
$72,953,937 36
permanent investments
1,255,41147
Bills Reoei value
5,0 5,012 33
Accounts Receivable
5,801,6^0 74
Merchandise, Materials and Supplies
768,^12 47
Prepayments on Ore Contracts
225,078 33
Miscellaneous Investment
U. S. Government, State, Muniolpal and Railroad Bonds
2,8^0,000 00
(cost $2,90H,119 20) at par
5,353,727 16
Cash
Due.
3*a
10' ,000
8,678,364 69
Rate.
State of Massachusetts,
Registered
Baltimore &
100,000
5,200,000 00
Name.
Par.
$100,000
100,000
•
Dividends on Preferred
$2,800,000 00
Stook
Reserve for Dividends
on Common Stock out
of Profits for year to
2,400,000 00
date
241
150,000 Onion Pacific RR
200,000 Cleveland & Pittsburg
RR. Co
Gen
Mtg., principal
and
inl.
guaran-
teed by Penn.
Co.
200,000 City of Providence, R.
"Water
RR.
I.
Loan
Northere Pacific Ry Co.
Prior Lien
United Stat es 2 per cent
] ,000,000
Consols
3
1930
4
1997
250,000
1930
$2,800,000
It will be seen that the current assets of the Company
amount to $21,279,532 50, and the current liabilities, including the Reserve for Dividends on Common Stock, amount to
$3,558,436 43, leaving an excess of current assets over current liabilities of $17,721,096 07. It is of interest to state
that the books of the National Tube Works Company
which Corporation, as stated, is owned by this Company
show current assets of $5,203,938 86 and liabilities of $P10,410 02, leaving as the net current assets of that Corporation,
$4.393,528 84. The net current assets therefore of the com-
bined Companies were $22,114,621 b7.
All purchases of material, supplies, etc., are paid for in
cash, and every possible advantage taken of discounts for
such settlements. The company is entirely free of indebtedness of every nature other than that for current accounts,
as shown in the balance and previously referred to.
The Colonial Trust Company of New York has registered
For all
all certificates of stock issued and all canceled.
certificates issued, duly assigned certificates covering an
equal amount of capital stock have been surrendered and
The Transfer Department has been coninvalidated.
ducted under the immediate supervision of our General
Counsel.
Respectfully submitted,
A. F. LUKE, Treasurer.
IN GENERAL.
six months of the period covered by this
report, the demand for Wrought Tubular Goods continued
very active, with the highest range of prices known for ten
years. The following six months, covering the last half of
this period, showed a decrease, both in demand and prices ;
but this statement is probably applicable to all other industrial forms of business
During the
first
Accounts payable represent accounts in process of audit
While we are curtailing our manufacturing operations
-June 30th, 1900, practically all of which have since been somewhat at the present time, the stocks of our line of
paid.
goods in tbe hands of jobbers and large consumers are very
The liability to the National Tube Works Company ap- light, and we see no present reason why the demand for our
pears in full as an asset on the books of that Corporation, goods during this second fiscal year should not be sufficient
and as this Company is the owner of the capital stock of to operate our leading works.
the National Tube
account.
Works Company,
Believing that the financial success of our Company depends largely upon economy of operation, the attention of
Expenditures for alterations and improvements at the our manufacturing department has been steadily directed
various Mill Departments were charged into the cost of to the perfecting of the efficiency and the enlargement of
goods and so absorbed. The sum of $500,000, set aside for the capacity of our best manufacturing properties and the
Reserve for Depreciation is in addition to all such expendi- concentration of the manufacture at the best-equipped and
tures, and is a special appropriation against which no com- located plants.
mitments have been made.
Our exports have been the largest in the history of the
The Reserve for Dividends on Common Stock— ($2,400,- corporations whose properties have been acquired by this
000—is self-explanatory, and is in ca?h on deposit in baDks. Company, notwithstanding that the war with South Africa
has considerably curtailed one of our most important fields.
O'F THE AS8ETS.
Bills Receivable and Accounts Receivable are all good as Special attention is still being given to the further extenfar as known. The item of $5,075,012 33 is the net amount sion of our Foreign department.
New specialties are being developed and new outlets are
after allowing $175,000 to cover any possible shrinkage in
beb g found, with a view of so broadening our markets as
the collection of the accounts.
The inventory appraisals of Merchandise, Materials and to counter balance the effect of temporary local depressions
^
Supplies were made under the instructions of the First Vice- in trade.
While competition is and has been active, there have not
President, and upon valuations furnished by him. They
been
more installations of new competitive machinery than
were thought to be conservative, in most cases being taken
at less than cost, and were based upon price levels lower has marked all of the past eras of great activity in the iron
and steel business.
than current.
The work of systematizing such a large aggregation of
Pre-pay ments on Ore Contracts cover the cost of th«
separate
corporations and firms, with a view of concentragreater part of our ore supplies to December, 1900, and
were made in order to obtain the cash discount allowed on tion and economies of manufacture and distribution, has
been very great; and while many of our expectations in this
such pre- payments.
direction
hnve been fully realized, we have every reason to
Miscellaneous Investments covers sums invested in Corresults
porations handling in part the material and products of believe that the coming year will show even better
this
it is
in reality a contra
Company.
During the fiscal year as the cash on hand of the Corporation was found to be in excess of its mercantile needs, in-
in that direction.
For the Board of Directors,
EDMUND
C.
CONVERSE,
President.
. ..
THE CHRONICLE.
242
[Yol. LX2I,
COTTON.
Friday Night, August
EPI TOMIeT"
"CoTlOrErRcTAL
Friday Night, August
3,
1900.
With
the approach of the fall trade business conditions in
some lines have begun to show signs of improvement. Jobbers have been slightly better buyers, although, as a rule,
their purchases have been of moderate lines, only such supplies being ordered as have been needed to fill out stocks.
The failure of the iron and steel manufacturers at their conference last week in Chicago to reach an agreement has been
a disappointment to many; still there has been a l»rger volume of business transacted in these markets, but at low
prices. The situation in China has continued unfavorable
and has been a disturbing factor in some branches of trade.
Weather conditions in the West and South have been favorable for the growing crops and the outlook for good crops is
now reported promising.
STOCKS OP MERCHANDISE.
Aug. 1,
1900
Stocks of Merchandise.
Fork
Lard
tea.
Coffee, Brazil....
Coffee, other........
Coffee, Java, Ac...
Sugar
Sugar
Molasses, foreign
15,57*
370.777
137,517
163,046
None.
None.
No.
20,900
bales.
bbls.
bbls.
bbls.
28,331
36.44f
2,451
1,39€
18.50C
8,000
Spirits turpentine
Xar
Rice, E. I
Rio©, domestic
bags.
Linseed
bags.
bags.
bbls.
Saltpetre.......
Jute butts
Manila hemp....
bales.
bales.
bales.
hemp
Flour
bbls.
and sackn
None
10 205
748,118
145,406
115,163
413
367
21,442
None.
22,700
52,735
15,153
50,757
None.
1*,900
145,908
23,052
1,676
)02
16,000
7,500
None.
11,000
None.
5,614
13,8'6
2,032
22,000
10,000
None.
8,000
None.
7,538
9.265
8,000
100
4,150
7,124
73,700
76 000
6*.1<
Lard on the spot has had only a small sale, but as offerings
have not been excessive prices have held steady, closing at
7 15c. for prime Western and 6-500, for prime City. Refined
lard has been advanced slightly, but business has been quiet,
closhg at 7 50c for refined for the Continent. Speculation
in lard for future delivery has been only moderate, and no
important price changes have occurred, closing steady.
-
DAILY CLOSING PRICES OF LARD FUTURES.
Mon. Tues.
Sat.
Wed. Thurt.
July
7-10
707
August
Fr\*
717
7-15
7-22
720
The demand for pork has continued to drag, but prices
have held steady at $12 75@13 75 for mess. Cut meats have
been in fair demand and steady for pickled bellies. Tallow
has been quiet and unchanged at 4>£c. Cotton- seed oil has
had a
better sale for export, but at easier prices, closing at
35^c. for prime yellow. Butter has had a fair sale and
prices have improved slightly. Cheese has been in fair demand and firmer. Fresh eggs have been steady,
Brazil grades of coffee have had only a small distributing
sale, and, awaiting development, business from first hands
has been small.
Owing to the dulness of trade prices have
sagged, closing quiet at 9J^c. for Rio No. 7.
There has
been a hesitating market lor West India growths, but as
there has been no pressure to sell prices have held steady at
10% c. for good Cucuta. Eist India growths have been firm
but quiet. Speculation in the market for contracts has been
slightly more active as a result of more aggressive selling by
the leading bear interests, and prices have declined.
European markets have been weaker, but Brazil markets have
The
held fairly steady.
prices were -
Aug
7-750.
7-75o.
7-85o.
Sept
Oot
close
was
easier.
I
Nov
Deo
Jan
7-90c
8-OOo
8 00>
March
April
May
Mon.
Sal
Bab. Pass, Ac.
New Orleans..
Mobile
Pensaoola, Ac.
•savannah
rn.
Thurt.
Total.
165
452
106
7
439
1,318
1,578
933
824
1,196
61
329
49
6
4,146
1,577
480
•
72
606
4,112
......
659
••
Brunew'k.Ac
Wed.
Tuet.
149
Galveston
Charleston....
Pt. Royal, Ac
2
1,025
606
338
158
29
151
299
832
••*
......
Wilmington....
Norfolk
1,063
News, Ac.
New York
liiM1
N'p't
8'15o.
8-SOo.
8'25p.
>
30
137
,„,,.
Ac.
5
10
2
109
week
4,327
3,946
3,202
693
Philadel'a,
10
118
»••
Boston....
Tot. this
638
109
408
200
522
Baltimore
529
278
441
159
567
2,766
5
131
3 151
16692
......
1.373
387
641
711
704
The following shows the week's total reoeipts, the total since
and the stook to-night, compared with last year,
Sept. 1, 1899,
1898-1899.
1899-1900.
Receipts to
Aug.
3.
iJalveston.
Sab. P., Ac.
New Orleans
Thit
week.
1,318 1,701,192
•** 87,345
4,146 1,858,107
P'eacola, Ac.
Savannah...
Br' wick, Ac
Charleston.
P.Royal.Ae
Wilmington.
Wash'n, Ac.
Norfolk
N'port N. Ac
New York..
,
Baltimore .
Philadel.Ac
198,642
152,095
4,112 1,078,556
606 121,831
338 262,471
1,235
279,691
2,766
799
407,240
387
641
711
704
131
33,675
80,135
118,810
101,589
49,038
1900.
419 2,299,299
76.370
4,989
3,024 2,208,176
44,339
4,243
19
1,044
1899.
9,203
..
249,905
243,077
142,531
5,548
MM
...
272 1,080980
274,286
14 371,168
15,523
7,348
2,662
6,010
23,424
291,691
1,351
684,833
34,646
120,469
315,718
64,619
52,175
3,432
1,250
27,303
3,000
2,967
2,132
145,069
4,500
5.627
5,557
7,031 8,392,187
115,121
368058
9
583
241
86
988
249
83
16,692|6,532,50l
Totals
Stock
Since Sep.
1, 1898.
Thit
week.
Since Sep.
1, 1899.
832
Mobile
....
3,275
9,171
.....
......
27,694
In order that comparison may be made with other years,
totals at leading ports for six seasons.
we give below the
at—
Receipts
Galves'n.Ae.
1,318
4,146
mobile
Savannah...
4,112
Cbas'ton, <tc
338
832
1897.
1898.
1899.
1900.
New Orleans
419
467
3 024
3,648
19
272
14
9
583
199
366
4,464
1896.
621
964
20
447
2,137
Wilm'ton, Ac
Norfolk
2,766
N. News, Ae
All others..
241
2,450
75
2,793
1.309
2,069
wk.
16,692
7,031
10 534
4.052
4 9S0
387
283
300
80
134
771
8
315
8
41
45
100
101
6
1895.
1,008
3,262
49
31
28
179
103
Tot. this
I
price, for granulated.
Glucose has declined.
Other groceries have teen well held.
Kentucky tobacco has had a limited sale and prices have
been fairly well maintained. Seed leaf tobacco has been
quiet but about steady. Sales for the week were 1,400 cases.
Business in the market for Straits tin has been qaiet and
prices have further declined, closing barely steady at 32@
3225c. Ingot copper has been quiet and unchanged at 16 50c.
for lake.
Lead has been firmer, closing at 4*25c. for
domestic. Spelter has held steady at 4'20<a4'25c. for domestic.
Pig iron has had a better sale, but at lower prices, closing nominally at $i3@18 for domestic
Refined petroleum has been steady, closing at 8-05c. in
bbls., 5 50c. in bulk and 9 35c. in cases. Naphtha unchanged
at 9-55c. Crude certificates have been neglected. Credit
balances have been unchanged at $1 27. Spirits turpentine
has been quiet and the close was slightly lower at 44@44J^c.
Rosins have not changed, closing steady at $1 55 for common
and good strained. Wool has had a slightly better sale at
irregular prices. Hops have continued to move freely on
contracts and prices have been well maintained.
list
.
Receipts at—
Final asking
Raw sugars have weakened slightly, reflecting easier
European advices. The close was steady at 4^c. for centrifugals, 96-deg. test, and 4%c. for muscovado, 89-deg. test.
Refined sugar has been quiet, and some refiners allow an additional rebate of 1 per cent from their list prices, closing at
6-10c.,
evening the total receipts have reached 16,692 bales,
against 27,954 bales last week and 40,879 bales the previous
^eek making the total reoeipts since the 1st of Sept., 1899,
6 532,501 bales, against 8,392,187 bales for the same period of
1898-9 showin g a deorease sinoe Sep.l 1899. of 1,859,636 bales.
this
Wash'ton.Ac
9,814
17,855
625
None
1,
1899.
6,924
9,950
15,000
394.829
141,925
170,006
>
bids.
bags.
bags.
mats.
hhds.
bags, Ac.
hhds.
Hides
Cotton
Rosin
Aug.
1,
1900.
bbls
Tobacco, domestic
Bisal
Jvly
3, 1900.
The Movement op the Crop, as indioated by our telegram*
from the South to-night, is given below. For the week ending
7
115
668S008 5215,868 7867.827
for
the
week
ending
this
evening reaoh a total
exports
The
Sinoe Sept. 1 6532,501 8392,187 8615,459
of 54,366 bales, of whioh 34,709 were to Great Britain, 6,891
to France and 12,766 to the rest of the Continent. Below
are the exports for the week and sinoe Sept. 1, 1899.
Week Bndint Aug.
3,
1900.
Wrom
Great
France
Brit'n.
Conti-
nent
1, 1899, to Aug.
Exported to-
Sept.
Exported tv—
ExvorU
from—
Qreat
lotal
France
Week. Britain.
Continent.
1900.
3,
Jotml.
3,770
600.457 362.206
622.351 1,486,018
3,124
Mobile
12.144
8,187
683,423 232.116
101,312
Pensaoola...
Savannah....
60.788
16,247
62,831
87,162
720.972 1.638.611
31,692
133,004
66.H90
132,426
181,474
39,8*8
499,908
Jalveston..
Sab. Pass, Ac
New Orleans
9,370
6.428
720.704
67.666
16,626
83,891
Charleston..
Port Royal-
60,059
112,847
178,906
Wilmington.
Norfolk
44,659
830,079
9,233
274.738
1,894
18,877
637,916
142,640
191.947
7.043
Brunswick
.
•
Ac
N'port N.,
New York....
Boston
Baltimore
615
12.196
465
3.302
5,912
515
15,903
5,932
8.706
2,570
9,876
30.489
24.483
218,598
130 011
68,584
Philadelphia.
7.043
San Fran., Ac.
10.398
Total.
Total, 1898-99.
S7.896
881,927
8,177
137,188
3/2}
177.327
39.668
187.728
84.: 09
6,891
12,766
64.366 8,290 523 691,866 8,868.876 5.846.058
13.007
7,673 73,920
31.6C0 3,602,726 soo.is^^es.isi 7.271.336
.
August
THE CHRONICLE.
1900.]
4,
.
,,
.
In addition to above exports, our telegrams to-night also
give us the following amounts of ootton on shipboard, not
add similar figures foi
oleared, at the ports named.
Hew York, whion are prepared for our special use by Messrs,
Lambert & Barrows, Produce Exchange Building.
We
Futures.
243
— The
highest, lowest and closing prices of
are shown in the following table.
New York
Futures at
c
MayJune—
April—
March-
January—
Closing
February—
Closing
December-
NOVEMBER—
II t»BMttP"»B7
OH SHIPBOARD, NOT CLEARED FOR—
Aug. 3 at
New
04
Leavint
Other
Great
Britain. France. Foreign
Orleans...
7,651
220
Charleston
Mobile.........
Norfolk
Other ports
Total 1900...
None.
None.
None.
None.
2,000
3,000
12,871
None.
None.
None.
None.
None.
None.
None.
None.
Ooaet-
161
None.
None.
300
None.
2,000
None.
None.
2.573
None.
None.
None.
None.
None.
1.300
1,0 JO
None.
33,954
4.7f9
15,523
2,302
4 243
1,432
24 009
8,624
220
None.
300
None.
2.000
3,300
4,000
20 205
00
|
1
e>
1
1
1
1
1
.
8.190
7,590
88
None.
15.124
21,485
334,858
213,462
30,4 5
Speculation in cotton for future delivery has been more
active, but it has been at the expense of prices, particularly
for the near-by deliveries, which have declined rather
sharply. The continued dulness of the demand for actual
cotton, an unsatisfactory condition of the cotton goods trade
here and in Europe, a material improvement in the crop outlook the past month, free issuing of notices for the delivery
of cotton on August contracts, and the receipt of advices
from Texas saying that the indications were that Southwest
Texas could deliver 30,000 to 40,000 bales of new crop in New
Orleans for delivery on August contracts, should the recent
prices be maintained, offset the strong statistical position
and has prompted selling by longs to liquidate their
The buying has come almost exclusively
accounts.
from shorts to cover contracts, with the result
that prices have steadily sagged; the new-crop deliveries also
have been easier; sympathy with the decline in August, the
favorable weather conditions in the cotton belt and the improved crop outlook prompting freer selling. To-day the
dowDdard tendency to prices continued. There was further
liquidation of August contracts, and these coupled with disappointing foreign advices and continued favorable weather
conditions in the South for the growing crop, prompted general selling. The close was at a net loss in prices for the day
of 18 points for August and 8@11 points for other months.
Cotton on the spot has been weaker, closing at 9%g. for
middling uplands.
The rates on and off middling, as established Nov. 15, 1899,
by the Revision Committee, at which grades other than
middling may be delivered on contract, are as follows.
Fair
..o. lie on Strict Good Mid. Tinged. o. 3, 6 on
Middling Fair
% on Good Middling Tinged
Even
J* off
Strict Good Middling
'i 6 on Middling Tinged
Good Middling
Strict
Low
5 ieon
Low Middling
3i 6 ofl
Middling
8triot
Striot Middling Stained....
Low Middling Tinged
140ft
B i, ofl
7 16 ofl
Middling Stained
Low Mid. Stained.. . 1 ofl
Uieoff Low Middling Stained
19s ofl
'igoff
Good Ordinary
h
Good Ordinary
off
Striot
On this basis the offioial prices for a few of the grades
the past week— July 28 to Aug. 3—would be as follows.
UPLANDS.
Good Ordinary.
9
Low Middling..
9
988
lO^ie
Middling
Good Middling.
10h6 10
105,6
103a
1013, e 1013, „ 10l3 le 10*4
GULF.
Mod Tues Wed
Sat.
Good Ordinary.
Middling..
9H
7
9H
9*4
103s
1058
1083
in,e
111,..
1Ui«
Good
Middling.,
Middling Fair ,.
STAINED.
>
8H,e
Middling
Striot Middling
Good Middling Tinged.
93a
2
9*8
101,6
913 le
101,0
9*16
934
101 ifl
lOifl
9i3„
l
Tk. Fri.
81B,,
I0» l6
11
105,a
8»lie 85a
99,6
93a
9 3, 6 9%
10i,« 10
;
8 9 i«
93 16
9»8
915 le
1038
10%
"813^6
97,«
9 78
103 18
103b
83s
95,6
9**
9%
..0.
98s
8H
9*,6
93s
988
6^8
1890
1889
1884.
1883.
1882.
1881.
1880.
..0.11
,...10i«
,...13
,...1218
.119, 8
1876....0.12
1875
145s
17
1874
1873
205a
1888.
.10 5 18
21 1*
1872
1887.
19%
.10
1879
11
1871
6 78
1886.
20
99 18
1115,6 1870
1878
716,8 1885.
3334
.lOHi
1869
1877
ll^a
Note.—On Oct. 1, 1874, grades of ootton as quoted were ohanged.
Aooording to the new classification Middling was on that day quoted
Ho. lower than Middling of the old classification.
|>
12>4
115, 6
.
MARKET AND
Spot Market
Closed.
Saturday .. Dull,
Monday.... Quiet
Tuesday... Dull
Wednesday Dull ati„ dec.
SALES.
Futures
Market
Closed.
Quiet
Quiet <fest*dy
& Contract
Ex-
Oon-
Con-
port.
tump.
tract.
2,450
> •
•
•
523
27 <
186
.
Total.
523
POO 3,5*3
4,000
4,186
B'rly steady.
Thursday., ateady at J4 do.. Quiet &st*dy
Friday
Quiet at *8 aec. tiuiet
Total.
Sales of Spot
710
710
39
1.517
1,556
2.489
3,209
4.800 10,498
•
•
•
$
w
1
©
'
tO
00
ibto
°?l
tO
vl©
9
1
&
00
1
1
M
©
,
1
°°l
1
to
©
00
00 00
00,
to'
to to
to
en
coco
9
1
1
§
1
00
00 00
til
NIK)
to
CO
00
0000
m'
MtO
CX©
00
.
1
9
°?l
'
K)
9
«|
to
CO
•
to ti
to
MM ©
9
1
'
M>-<
0000
1
to to
©M ©"
ION)
COCO
00 00
00 00
or 00
yir'
tOM
©00
10 to
9
1
1
9
1
0000
to to
00 00
0000
0000
t-'t-'
r-M
©05
9
1
00,
O N>
00
MtO
COM
o
©
9
$9
MCO
00 00
0000
0000
MtO
1
1
coco
*-CO
CO to
9
9
1
1
1
9
1
9
1
0000
9
1
0000
00 00
0000
0000
MM
5005
00 00
00 00
00,
— 00 o
woo CO
1
«JM
1
00 00
91
00 00
1
9
1
1
«JtO
°°
m'
M
9
!
1
00
1
1
1
1
00
1
.
9
°?
1
00 00
00
to to
9
1
0000
°?
— CM o
©
©tO
en
00
M"
mCO
1
9
00 00
CO -D
tf-M
o©
^100
(SO
""l
to
1
9
0000
»0<l
1
M
M
9
°P
to
to
•
1
©
to
9
»
1
1
1
°?
©
CO
9
9
1
©©
MtO
cr.ao
00©
©W
to 10
en en
CO©
CCU
9
1
1
9
1
1
1
9
woo
w©
9
1
9
1
1
1
1
1
?
CO
9
COCO
<]Q0
9
1
1
°°
°°
1
9
©00
<=©
©05
1
1
<o
9
1
°?
°°
©
©
9
°?
1
9
1
00 00
10 to
1
9
1
1
1
1
1
9
1
a
§
00©
©00
a©
coco
wto
©00
en en
1
9
i-'r'
CO©
MOD
tO«J
°°
M
O
1
1
1
1
1
9
1
*
1
*
to
09
9
1
1
to to
00 00
1
1
1
tOlP-
9
1
1
©to
1
[
1
1
«JOO
©w
1
9
© «o
OCO
»»
1
9
1
©CO
1
1
9
coco
°°
1
1
CO©
M^l
**
1
9
©©
00 00
9
<100
1
0000
coco
©to
©to ©o
©©
-JO ©0 coo MO
-J CO
en en
1
1
©00
©M
© »M
«4
O-a
ccco
toco
^1
MKi.
WW
©CO
00.5
9
coco
-vlCJt
1
©0
©©
©© ^JCO
©©
coco
MCO 00
1
1
!
00©
9
°?
*»
°?
©©
oen
00 ©©
©00
©© ©O
o© o©
©00
SM MO
©CO WM
1
CO©
WW ©©
wex
WW
©tc
00©
MtO
©«J
00 00
00 00
©>-
M
-J
9
1
0000
M»C"W
9
9
or 00
to en
l&lffc
0000
1
1
to
©CO
00 T-
9
9
©
1
MVJ
CD 00
1
oVen
»0-J
©to
C3©
©to
~Jt»
0000
CO©
OM
9
9
©O O©
enex
©M
OS**
9
00 00
CO to
©© a©
1
~a©
00 en
1
00 CO
Q0 00
©en
.
.
©co
iWto
coco
0000
MtO
°?
.
.
•
ODOO
°°
1
1
coo
9
.
to to
COCO
coco
coco
.
.
©©
9
1
.
05©
©c*
9
toco
•
1
.
00 00
»»
1
1
fljtj
00 00
0000
en -a
.
9
a©
WW
tn
•
•
©©
©->
w©
00 c©
0000
M tO
1
MM
©W
1
MtO
©to
0000
00©
1
•oco
9
9
Ml-
'
O
00 CD
9
00 CO
00 00
9
9
M
©
0000
1
to to
to to
00 00
1
9
00 00
°°
to
to
1
1
ooen
9
00.
MM
©oo
MM
©to
00 00
00 00
'
10 tO
0000
9
1
00 00
1
00 00
M
00
1
00 00
CO©
1
00 00
1
1
M
to to
1
03
to
05
$
1
9
1
°?l
.
R
I
1
1
1
1
I
1
1
8
WR
M«
^^
el
•8
5
7
s
.
H 8•
JS
tOM
1
9
1
9
00 CD
en©
1
|
1
1
*» 5.
"
a
©<
ifeOO
1
1
°°
t»
1
1
M
1
°°
9
1
m
to
©
®
©
en
9
1
*
to
to
CO
©
en
M
CO
M
©
made
ap b
to-mgnt,
as
The Visible bUPPLY of Cotton
cable and telegraph, is as follows. Continental stocks, as weI
as those for Great Britain and the afloat, are this week's returns, and consequently all European figures are brought down
to Thursday evening. But to make the total the complete
figures for to-night (Aug. 3), we add the item of exports from
hI
©
1
1
1
1
tO
03
1
1
10
1
•
M
1
1
1
to
1
1
1
1
1
1
05
the United States, including in
it
1
1
1
1
ob
the exports of Friday only,
1897.
1898.
1899.
909.000 670,000
Stock at Liverpool
bales. 304,000 1,017,000
6,000
3,000
Stock at London
7,000
10.000
Total Great Britain stock
314,000 1.054,000 91^,000 676,000
24.000
Stock at Hamburg
20,000
32.000
23,000
107,000
Stock at Bremen
116,000 226,000 220,000
Stook at Amsterdam...
2,000
1,000
......
3,000
200
Stock at Rotterdam
200
300
200
9,000
8tock at Antwerp
6.000
4,000
3,000
126,000
Stook at Havre
176,000
196,000
115,000
5,000
Stock at Marseilles
4,000
6,000
3,000
Stook at Barcelona
64,000
70,000
92,000
76 ,000
Stock at Genoa
35,000
34,000
49,000
29,000
19,000
Stock at Trieste
19,000
7,000
2\000
Total Continental stocks.
372,200 633 300 544,200 3^7,200
Tetal European stocks
646,200 1,687,300 1,456,200 1,073,200
3i,000
India ootton afloat for Europe
59,000
22.000
39,000
Amer. ootton afloat for E'rope.
16,000
73,000
87,000 115,000
T
Egypt, Brazil,&o. aflt.f or E pe
15,000
18,000
13,000
13,000
Stock in United States ports.. 115,121 368,058
92,416
243,937
Stook In U. 8. interior towns..
28,640
119,857
49,473 230,613
841
3.074
United States exports to-day..
16.316
4,239
Total visible supply
9st>,110 2,457,210 1,973,068 I.4B0 037
Of the above, totals of American and otner descriptions are as follows;
1900.
American—
for
1892. ...0. 73b
1891
8
1
to to
Wc«!
,
Tk. Fri.
middling upland at New York on
for eaoh of the past 32 years have been as follows.
The quotations
3
8"u
93, a
Hon Tues Wed
Sat.
Low Middling...
1900.
1899.
1898.
1897.
1896.
1895.
1894.
1893.
Tk. Fri.
9 '8
9'3 l€ 9 9 I6
» 8
9*8
10 5 e 10 ''18 10 5 16 10 >4
10
Middling
Aug.
816 16
99l6
938
98b
lOhfl
1038
10%
Middling Fair..
Low
Nod Tues Wed
Sat.
for
1
1
00 00
94,916
33 200
9,800
1,400
00 00
°P
to
OS
1
I
Total 1899.
Total 1898...
.
.
10.385
2,461
4,873
.
1
•
.
.
ttoek.
Total.
voite.
•
•
Liverpool stook
Continental stocks
baleB.
American
afloat for Europe...
United States stock
United States Interior stooks.
United States exports to-day..
Total American
East Indian, Brazil, deLiverpool stock
Londonstook
Continental stooks
India afloat for Europe
Egypt, Brazil, Ac, afloat
Total East India, &o
Total American
Total visible supply
Middling Upland, Liverpool..
Middling Upland, New York..
Egypt Good Brown, Liverpool
Peruv. Rough Good, Liverpool
Sroaoh Pine, Liverpool
Tinnevelly Good, Liverpool...
The imports
215,000 972,000 825,000 554,000
337.000 561,000 4*2,000 312,000
16,000
73.000
87,000 115,000
243,937
92,416
115,121 368,058
119,857
28,640
49,473 230.613
3,0?4
841
16,316
4,239
819,910 2,250,910 1,746.868 1,003,897
84,000 116,000
89,000
75,000
6,000
3,000
7,000
10,000
85,200
72,300
62,200
35,200
31,000
59,000
22,000
39,000
15,000
18.000
13.000
13,000
169,200 206,300 22^,200 216.200
819,910 2,250,910 1,^46>6'< 1,003 897
989.110 2,457,ii0 1,973,068 l,2oO,097
57 ie d.
338 a.
3ie 3!s d.
6' 160.
49 3 od.
8o.
95gc.
6i«d.
588i.
5Si6<J.
6?8 a.
3isd
47 lR d.
7^d.
5\d.
3», 6 d.
4J4d.
416 18 d.
8i*d.
35 16 d.
6%d.
into Continental ports the past
6i4d
44d.
week have
been 29,000 bales.
The above figures Indicate a decrease in the cotton In
itght to-night of 1,468,100 bales as compared with the same
late of 1899, a loss of 983,958 bales from the corresponding
date of 1898 and a decline of 270,987 bales from 1897.
..
THE CHRONICLE.
244
At the Interior Towns the movement—that is the receipts
week and since September 1, the shipments
week and the stocks to-night, and the same items
for the
for the
for the
Quotations por Middling Cotton at Other Markets.—
Below are closing quotations of middling cotton at Southern
«nd other principal cotton markets for each dav of the week.
corresponding period of 1898-99— is set ont in detail below.
Week ending
Aug. 3.
Pes
H
5
2.
CLOSING QUOTATIONS FOB MIDDLING OOTTON
o
s
Mobile
Savannah...
9%
9\
9\
Charleston..
9!fl
a:
!
*»ooto
cota!
«©•
oo;
i^bocoi
<»;
w
:
en©, wt-ito-
m
cow
ppw
opp
v^VHwaooxfttoo^an^utou^wMisi^ooiHtctuODUaU
......
--•••
934
9\
9>s
934
9»«
10
Philadelphia
.
Louisville.
.
101; 6
10
10
105, 6
105 16
105,fl
9 7s
9%
9\
938
9*
10J4
9 78
934
934
934
938
9V
9?8
9%
938
9»«
9 78
9 78
101 16
934
934
938
913
9 1*
9 78
9 78
-
.
•
•
f
o;
:
:
;
;
co;
oo;
.
•
<©;
-q
tow*-';
ocunf>,
e>
!
I
>u
©
03
M
co
•
co-
'03'
1
Athene
m; com;
to
OS'
Ul»'
«4C0CO
l^«0©<l:CCOb3i^<l;J'il*©W>-'*-05a©©***»l(nj"QriC5©tOC!i#'^ltO
,
Co;
•
©;
;
•
(OMMKHKIM;
*-o
to
-©
to
to
oocoeor-a toe*; »HOt»aaoN!
©rv^ja. to . GCO W CO COtO©~4r*OOOC*.
c>
m«3hi
©I
<-•
o
h-
.
•
.
'
p
od
^ao;
ifconyi;
CUtOl^tX
or
to© w
—
©
I
p
Viw
co?
ft
croiTo
Is
1
5Qft
00
&C3
CPCOlf.
en
© MtS©<! COi-'i^M^fcO
wwtoww
wa© waotoc CO to-J co#- w-J Mo *O
W OS Ol U> V © W b<
©
w O © ©y occs ooot-'coooocowi-'wco^'w
00(~>
f-*
I- h- CO
o>
CJ<
<-•
at other important
9
9
I
9^
I
Columbus.Miss
Euf aula
9%
Little Rook....
914
Nashville
9*8
Natchez
9 15 i8
Raleigh
Shreveport
9»s
which continues to show improvement quite generally. Our
correspondent at Columbus, Mississippi, and Memphis state
that cotton is steadily improving, and from Vicksburg we are
informed that the crop is doing well. Along the Atlantic a
better condition is indicated, and Selma advices are to the
effect that cotton is fruiting well. Texas reports are quite
pwj^*^tsp
;
9^8
9 1*
9*8
weather has been very satisfactory as a rule during the week.
Rain has fallen in most localities, and our reports /denote
that on the whole it has been to the benefit of the plant,
>
!
9*9
9 78
S'ha
—
3
1st
CO<-*.
00<
9k
9»8
S
<-•
i->
9n,»
9 78
9 78
934 a'B
Montgomery
9^
9h
Weather Reports by Telegraph. Advices to us this
evening by telegraph from the South indicate that the
0000
-4co«v<ci'<v3t>,c-.ots>toO'W©<jco©oora«jt3
9*8
9'i, e
934
Atlanta
Charlotte
'ct©s^-q»-'k5<iH'05r'Oi<ico^-co*w©to»
;
10
10
10
95l
<0ft
CO
wS
M
V
IOH
H
t3
OOOJOOOOW^M*- tOtOtOWOXyif *3mO< WWCnOUKJCOWOOOOOSij^ jc wp <i oop * Mpp vHoeoMt-'Cw^-oocnw co<i o-joo — enoxi
r-"to*wloVi b>6 -a "in © -^-•oo"-" ce"*>-"a <i asbi oolc O If VftHoiiiVoi
00.
to
co
«:
CO©M. ©CO- O30D|ft.«<©CH»^l©CO©t0l-©vI<IO3WtSt0l^
»
I
tO!
©
CJtOt-
;
©w;
—
;
1
©
r1
w©a#-©to©.
©.
o
w:
totootow
oo
<*:
:
^
M M 04 trfOH
M
tO
M'
KO^aou^
O ©maiCD
to!
-a
*»wco«a<t;©y<io«3too5^i©~3©©©i^«a©.
CO
p
CO
•
oow^^jio
OO
aoj
cs;
CO.
*-©eo
»j
-'©;
•
•••
V
.
9««
Southern markets were as follows.
£*
Columbus, Ga.
ao
S»8
lOifl
9 78
10
10l 16
10l le
Louis....
Cincinnati
9ifi
938
10*8
-••1
,
ooa>co^ooMeo*'0'>-'Co«<jxtoaiifkf-oooa)0~'oo>-OU"toto«o
9\
9»4
9»9
9\
9%
The closing quotations to-day (Friday)
^
O>lt»*.a0»O{0K-W*-K>©a»J0>WW<l*-0iMO<pp.'V<CiOCiWt0t*050i>«<i© jo^i o> a
<j*^<iw<i<i woo
to *^*> to pcx cppotsco
wlo*.loco%VjW'lreoVb>*M"a.wlooow"t -no5yiWi«lo»s*» I^Vco**-
939
10>4
10
Houston
-OS
Fri.
9%
9\
10
Memphis....
I*
to
Thurs.
lOVi
10
St.
Wednes.
ON—
lOH
10
Augusta
Tues.
98s
1014
Wilmington.
Norfolk
Boston
Baltimore
.
0»*
«o;
Mon.
Satur.
Galveston...
New Orleans
?
[Vol. LXil,
i-1
The above totals show-that the interior stocks have decreased during the week 3,935 bales, and are to-night 181,140
bales less than at same period last year. The receipts at all
towns have been 442 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 up from telegraphic
reports Friday night.
The results for the week ending
Aug. 3 and since Sept. 1 in the last two years are as follows.
good.
Galveston, Texas.— Southwest Texas reports the plant in
hearty condition, with better tap root than last year and
ground has plenty of moisture to withstand several weeks
drought. North Texas reports plants small with good tap
root and well fruited. Worms have no shade from plant to
work in. Rains have been a little excessive at some points.
Rain has fallen on three days during the week, the precipitation reaching two inches and sixteen hundredths. The thermometer has averaged 80, the highest being 88 and the lowest 72.
July rainfall eighteen inches and twenty-five hundredths.
Abilene, Texas.—
week, to the extent of
We
have had rain on four days of the
two hundredths of an inch. The
thermometer has averaged 78, ranging from 64 to 92. July
rainfall two inches and sixty- five hundredths.
Brenham, Texas. It has rained on three days of the week,
the rainfall reaching one inch and fifty-two hundredths.
The thermometer has ranged from 70 to 90, averaging 80.
Month's rainfall six inches and sixteen hundredths.
Corpus Christi, Texas. There has been rain on three
1899-1900.
1898-1899.
days of the week, the precipitation being eighty hundredths
Since
Since
of an inch. Average thermometer 83, highest 90 and lowest 76.
Week. Sept. l.
Week. Sept.
1.
Julv rainfall one inch and ninety hundredths.
Cuero, lexas.—We have had rain on two days during the
2,074
855,33^
1,118 P40.826 week, the precipitation reaching thirty-eight hundredths of
60 226,709
523 407.1H0 an inch. The thermometer has averaged 83, the highest
13li.egf'
20 280
being 90 and the lowest 76. Month's rainfall five inches and
12,810
42,96?
We
fifty-
—
—
August
3.
—
Shipped
Via at. Louis
ViaCalro
Via Paduoah
Via Rook Island
,
Via Lonisvllle
Via ninolnnati
Via other routes, &o.
736
25
3,332
Total gross overland. .... .....
Deduct shipments—
Overland co S. v., Boston, Ac.
Between Interior towns........
Inland, Ac, from South
Total to be deducted
*
211,854
135.554
319,947
6,227 1,773,893
3,338
S3
1,603
207,*67
179.317
218,678
6.E0- 2,016,915
930
349.S72
78,053
97,216
1,406
131
1,521
552,981
50.74b
103,285
5,078
524,841
3,058
707,012
2,187
1.956
Leaving total net overland*.
1,154 1,249,052
Including movement bv rail to Canada.
3,750 1.309.S03
The foregoing shows that the week's net overland movement
this year has been 1,154 bales, against 3,750 bales for the
week in 1899, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 60,851 bales,
1899-1900.
Taktngs.
Week.
Receipts at ports to Ang. 3
Net overland to Aug. 3
Southern consumption to Aug.
3.
Total marketed
Interior stocks In excess.
Game Into sight during week.
Total In sight Ang. 3
Since
Sept.
1.
16,692 6,532 501
1,154 1,249,0 2
32,000 1,461,000
Week.
Since
Sept. 1.
7.03> 8,392.187
3,7.'
1.309.903
26,000 1,258,000
49,846 9,242,ft53 36,781 10960090
•3,935 U93.710
6,8k:3
126.494
45,911
29,958
9,048,843
—
—
—
sixty-five hundredths.
1898-1899.
In Sight and Spinners'
forty-one hundredths.
Temple, Texas. There has been rain on two days during
the week, to the extent of one inch and thirteen hundredths.
The thermometer has averaged 78, ranging from 62 to 93.
July rainfall two inches and forty eight hundredths.
Dallas, Texas. There has been rain on one day of the
week, to the extent of one inch and seventy- three hundredths.
The thermometer has ranged from 67 to 92, averaging 80.
Month's rainfall six inches and forty-six hundredths.
Henrietta, Texas.— It has been dry all the week. Average
thermometer 80, highest 95, lowest 64. July rainfall two
inches and seventeen hundredths.
Huntsville, Texas. There has been rain on three days of
the week, the rainfall reaching one inch and sixty-eight hunThe thermometer has averaged 82, the highest
dredths.
being 92 and the lowest 72.
July rainfall five inches and
11086584
Worth'n spinners tak'gs to Aug. 3
2,193,002 13.591 2,230,379
* Decrease during week.
t Less than Sept. 1.
In 1898 the week's movement into sight was 82,884 balesin 1897 reached 9 858 bales; in 1896 was 16 818 bales and
in 1895 was 9.026 b^les. The totals since Sept. 1 in the same
years were 10,969 680 bales in 1897-98; 8,369,031 bales in 1896-7
6,976,211 bales in 1895-96 and 9,740,177 bales in 1894-95.
•
Lungview, Texas.— We have had rain on three days of the
week, to the extent of one inch and twenty- seven hundredths.
The thermometer has averaged 83, ranging from
70 to 95. July rainfall three inches and thirteen hundredths.
Paris, Texas. We have had rain on one day during the
week, the precipitation reaching three hundredths of an inch.
The thermometer has ranged from 67 to 95, averaging 81.
San Antonio, Texas.— We have had showers on two days
during the week, the precipitation being twenty-two hundrtdths of an inch. Average thermometer 82, highest 93,
lowest 72. July rainfall, three inches and sixteen hun-
—
dredths.
New Orleans, Louisiana.
have had rain on one day
during the week, the precipitation being seventy-four hundredths of an inch. The thermometer has averaged 88,
Shreveport, Louisiana.— It has rained on two days of the
week, the rainfall being twenty-two hundredths of an inch.
The thermometer has averaged 81, ranging from 71 to 92.
— We
.
AUGUST
.
THE CHEON1CLE.
4, 1900.]
245
Alexandria Receipts and Shipments op Cotton.—
Columbus, Mississippi.—Taere has been a favorable change
weather and crops ate improving. We have had rain Through arrangements we made with Messrs. Davis,
on three days of the week, the rainfall reaching forty one Benaohi & Co., of Liverpool and Alexandria, we now
hundredths of an inch. The thermometer has ranged from receive a weekly oable of the movements of cotton at
Alexandria, Egypt. The following are the receipts and
71 to 92, averaging 79.
Greenvile, Mississippi.— Rain fore part of the, week, but shipments for the past week and for the corresponding
week of the previous two years.
sunshine the latter portion.
Vicksburg, Mississippi. The weather has been favorable
Alexandria, Egypt,
1898-1899.
1897-1898.
1899-1900.
and the crop is doing well. We have had rain on three days
August 1.
reaching
two
inches
precipitation
and
the
week,
during the
eighty-eight hundredths. The thermometer has averaged 80, Receipts (oantars*)...
the highest being 92 and the lowest 69.
6,434'6b"6
5,58^000
6,514,000
Little Bock, Arkansas.— We have had rain on two days of
IMS
This
Since
Since
This
Since
one
inch
and
fifty-eight
hunthe week, the rainfall reaching
week. Sept. 1. week. Sept. 1. week. Sept. 1.
dredths. The thermometer has ranged from 68 to 89, averaging 78.
Exports (bales)—
398.000 3,000 333.000 2.000 344.000
To Liverpool...
Helena, Arkansas. Crops continue to improve. Rainfall
2,000 410,000 2,000 371,000 6.000 459,000
for the week one inch and forty-nine hundredths, on two
Average thermometer 79, highest 91 and lowest 67.
days.
2,000 803,000 5,000 704,000 8,000 803,000
Month's rainfall three inches and sixty hundredths, on nine
A oautar Is 98 pounds.
days.
Of whloh to America In 1899-1900, 70,048 bales; In 1898-99,
Memphis, Tennessee. The weather has continued very fa- 50,369 bales; In 1897-98, 52.483 bales.
vorable duriDg the week and the crop condition is steadily
Manchester Market.— Oar report received by cable
improving. The first open boll was received to-day from C. to-night from Manchester states that the market is quiet for
P. Smith, Bolivar County, Miss., the same planter who fur- yarns and dull but steady for shirtings. Stocks of both
nished the first open boll last year, three days earlier. We yarns and goods are accumulating. We give tbe prices for
have bad rain on two days during the week, to the extent of to-day below and leave those for previous weeks of this and
eleven hundredths of an inch. The thermometer has aver- last year for comparison.
aged 7*-9, the highest being 91 and the lowest 68. Month's
1899.
MOO.
rainfall two inches and fiffty-six hundredths.
8*4 lbs. Shirt Oott'n
Nashville, Tennessee.— July rainfall two inches and eighty8H lbs. Shirt- Oott'n
32* Oop. ings, common Mid. 32* Oop. tngs, common Mid.
seven hundredths,
Twist.
Twist.
lipids
to finest.
to finest.
Uplds
There has
Mo'rile, Alabama.— Crop reports are favorable.
been rain on five days during the week, the precipitation
d.
d.
d.
s.
d.
s.
d. s. d.
d.
s.
d.
d.
d.
The J'e 29 3 ®8 7a7 5 4!«®7 lOJs 538 5i3
16 -6H 16 4 3ifl®7 lia 3Bi«
reaching two inches and twenty- seven hundredths.
5i3
-6li
527
Us 311.3
6 3*8 ©8 s 5 44®7 10
16
32
ie 4 3»a»7
thermometer has ranged from 72 to 94, averaging 81*5. July July
529 32 5i3 16 -6li u 4 3*2$7 l*s 3 5 i«
" 13 83i6®S15j 6 5 4»aa7 9
rainfall four inches and thirty-three hundredths.
5l3
-6il
527
" 20 -t>4 ®9
9
5 4>a»7
1*4 33«
l6
32
16 4 34)S>7
" 2 7 8*8 »9
5 4 161 8
5% 5l3 )a-6li 16 4 3ifl»7 1% 338
Montgomery, Alabama.— We had rain on four days in the
7
5i3
-6ll,g
7>j
57j«
4 4 ®7 2
338
1g
®8 8 5 3 97
early part of the week, but since the weather has been dry Aug. 3 3
and very hot. Crops continue to improve and are doing
Egyptian Crop. Mail advices to Mr. Fr. Jac Andres,
nicely.
The rainfall reached one inch and forty-three hun- Boston, of date Alexandria, July 14, are as follows:
dredths. Average thermometer 83, highest 95 and lowest 71.
Reports from all over the Delta state that plants are in good condiMonth's rainfall four inches and fifty- three hundredths.
tion and not backward. It is claimed that if no fogs appear the qualSelma, Alabama, The crop shows further improvement, is ity will turn out satisfactory. All provinces are irrigated for six
is stopped for nine days. Market here at
fruiting well, and we now look for a fair average crop days, and then watering
is guided by crop news from your side.
should present conditions continue.
We have had rain on present
domestio Exports op Cotton Manufactures.— We give
three days during the week, the precipitation being two inchoelow
a statement showing the exports of domestic cotton
es and forty hundredths.
The thermometer has averaged
for June and for the twelve months ended
manufactures
84, the highest being 93 and the lowest 72.
and
for purposes of comparison like figures for
June
1900,
30,
Madison, Florida. There has been rain on six days of the
week, to the extent of two inches and ten hundredths. The the corresponding periods of the previous year are also
oresented:
thermometer has averaged 84, ranging from 72 to 95.
Savannah, Georgia, There has been rain on five days durquantities of Manufactures of Oot Month ending J 'ne 30 12 mos. ending JTne 30
ing the week, the precipitation reaching one inch and twelve
ton (colored and uncolored)
hundredths. The thermometer has ranged from 70 to 92,
1900.
exported to—
1899.
1899-lfcOO.
1898-99,
averaging 81.
289.172
yards
6,0f<9,<)29
iJnlted Kingdom
255,036
9.661 404
Augusta, Georgia.— We have had rain on two days of the /ranee
3h.411
1,500
1.3.b
24,131
"
14,40*
46,223
217.350
Germany
257.146
week, the rainfall reaching twenty-eight hundredths of an ither
"
l,0i'3.i.'92
oountrtes In Europe
67,147
75,098
1,270,813
"
inch. Average thermometer 86, highest 93, lowest 70.
8,8k)4,i>3S 17,li4,475
785,970
712.81C
British North America
"
1.114.8 9
1,305,184 i5,H&4 86J 13 5*7 417
Stateburg, South Carolina. Cotton is generally improving. Cent. Amer. & Brit. Honduras "
620,13:401,<'4b
9,937,518
'IOJlIOO
8,399.834
"
U4O.730
Earliest corn much damaged but late doing better. Tuere aanto Domingo
9^3,393
1,894.256
4.444.898
"
129,945
1,916.99'
7,307.199
,...
9,001 836
has been rain on six days of the past week, the rainfall being ;uba
"
2,329.95"
1,134.721
5.514,440
Rioo
*uerto
3.852,681
one inch and forty-one hundredths. The thermometer has Other W. Indies & Bermuda.. "
1,41.2,073
1,774,8»2 20,l*d.4i« 18,748,726
"
130/72.1
208,216
1.827 "37
Kepublto
argentine
2^35.517
averaged 79-9, ranging from 70 to 92. Month's rainfall two Jratil
"
3l0,9n8
6,878 121
798,318
9,3*8 179
"
inches and eighty- seven hundredths.
360.277
1,021,320
4.876 626
8,3*5 980
Onlted States of Colombia...
"
2.178,455
i,70i,7arf 22,116 5»1 31,762,828
oountrtes
>ther
In
S.
Amerloa
Greenwood, South Carolina.— J uly rainfall three inches Ohina
"
^
ib
9,927,3
35,316,2
182.023.681 221.043.612
"
and eighteen hundredths.
3 0,232
45,257
9,304 827
British East Indies
5,547.691
"
511(15
82.791
312.43d
578,001
Kong....
Hong
Columbia, South Carolina. The temperature was above Japan
"
4*3,wo8
16,810
3.902
529,479
311.325
6^0
the normal and the rainfall below the average during the B-it. Posses'ns in Australasia "
110,267
3.125
2.427,900
"
1.2,483
3,*475w4
180.227
Hawaiian
Islands
2,811,826
month of July, but both were very favorable to crops. Philippine lslanus
"
73.720
3*7,67
22,728
3,197,443
Month's rainfall four inches and thirty-five hundredths.
2,975,471 36.5»3,*19 3.1,433,383
Other A.S1U ana oceanica
"
830,838
8,421.108
Africa
1,342,471
9,696.474
Holland, South Carolina. Cotton has improved wonder- Other countries
"
2,947
40,699
77,577
fully as a result of the more favorable conditions the past
24,488.009
1,02^
362,194.989
53,3
412.004,055
Total yards of above.
two weeks. July rainfall three inches and forty hundredths.
Total values of above.
$1,398,151 $2,416,034 118,088.934 $18,989,897
The following statement we have also received by telegraph,
$•0513
$'0459
$-0460
10571
showing the height of the rivers at the points named at Value per yard
in the
—
—
t
—
—
—
—
—
—
J
—
—
1
3 o'clock
August
2,
1900,
and August
3,
Aug.
New Orleana...
Above zero of gauge.
Memphis. ............. .Above zero of gauge.
Hasnville
Snreveport....
vlogaburg
I
Above zero
of gauge.
..Above zero of gatge.
Above zero of gau^e.
Values of other Manufactures
Cotton exported to—
1899
2, 'OO.
Feet.
Aug.
3, '99.
Feet.
5-2
5-7
105
146
11'2
8-2
4-2
110
154
20
New York Cotton Exchange.— The appointment of a
new committee, consisting of five members, to further consider ths project to establish a clearing house system for the
purpose of clearing future contracts, was decided upon at
the regular monthly meeting of the managers of the New
York Cotton Exchange, held August 2. The petition of
members relating to a change in the hour of opening the
Exchange was referred to the by-law committee.
New Georgia Cotton.— The first bale of new cotton'.raised
in Georgia was received at Savannah Saturday, July 28,
from Albany, Ga. The bale weighed 359 pounds.
The
r£P°rt of the Classification Committee
showed that it found
the bale "to be of this season's growth and remarkably dry
and well ginned for so early in the season." Last year tbe
first Georgia bale reached
Savannah on July 28, in 1898 oq
July 29, in 1897 on August 2, in 1896 on July 28 and in 1895
on August 12.
United
oj
Kingdom
Other eountrles In Europe
$95,460
1,407
3H.182
13,5^7
British
IB
sTranoe
Germany
Cent'l
North Am«rtca
Amer. & British Honduras.
dexico
Santo Domingo
Cuba
fuerto Rico
Other W. Indies and Bermuda
Argentine Republic
4,4 A
4*0
United States of Colombia
Other oountrtes in 80. Amerloa
Ohina
British Bast Indies
Hon* Kong
2,069
3,218
5,«..',7
4,5*8
'
1,4
787
British Australasia
44,514
Hawaiian Islands
6,8
Philippine Islands
oountrtes
6
8,291
Brazil
Other
>,051
17,741
33,027
3,818
9,749
in
-anlca
Asia
36,573
63
$757.27«
12,921
10,3o7
360,83
1^4 65'
167,2*5
32,717
38.4H7
1,2
1
1*,28«
6,761
18.415
2,872
2,096,116
4.60^
1,721
*"
8W
16.H7M
19,847
*6 4?3
2,)8i.8i
I
421 968
48-.4J8
3' >,65 j
167."*?
8191"
14S.435
17.2' 5
42 004
47.671
70,297
21,644
6,2i 5
10,-;
24
341.307
398.887
C56
925
10.287
8,700
2,124
111
7,594
101,778
51.481
and
Africa
Other oountrtes
Total value of other manufao
tures of
Aggregate value of al 1 ootton good »
$501,264
B
$1.«S-9.1
11.6H7
10^
924t
$412,288 $5.eii.0f7
$2.*5V'9
$130,973
9.113
203,846
99,774
1,939,9*3
232 896
401 982
26 205
112,680
*8.*83
136,236
6.1.484
41.657
46,798
52.404
21.312
2,386
1H.0H3
197 780
324.206
1.J37
80,446
11P.498
5,907
$4,597,017
«£•> fi««
P14
Nile Floods and the Monsoon Rain —Mr. Fr. Jac.
Andres of Boston in his circular dated July 81 refers to the
relation between the Nile floods and the monsoon rains of
India as follows:
,
:
THE CHRONICLE.
246
The relation bet ween the Nile floods and the mon«oon rains in India
has been investigated bv Mr. John Eliot themeteorolngical reporterni
tweutyIndia. He ga< her* from statistics and conditions for the last
was
flve years that during six of these year», when rain'all in India,
normal, the Nile had also a blah fl -od. Facts are sufficient to indicate
that the^e two agricultural countries which <<ei>end almost entirely
for their prosoerity on the distribution and amount of rainfall, are
*""
similarly affected by general meteorological conditions. I* 18 . 811
gesten that the coincidence is due to the fact that the rainfall ° r J ne
period June to September, or October in At-yssina, tbe Soutti Arabian
highlands and Northern India is derived from a common source. Abe
whole of the regions mentioned heoame intensely heated in MaT.
when practically no rain falls there. The solar action during that
month, h> argues gives rise to meteorologioal chanties which prepare
for the advance of the monsoon currents, but do not primarily and directly induce the currents. If the currents are deflected by local conditions, or if tbe southeast trade winds are weaker than usual,
drought in I- dia and small rainfall In the Abyosian Highlands results.
Last year the currents in question were defleoied to South Atrica.
After June the monsoon ourrent practically collapsed in the Arabian
Sea, and during Jnlv, August and September the atmospheric move
ments were little different from those ot May. and little aqueous vapor
was brought up by them from the Indian Ocean.
—
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 following telegraphic
reports on the crop in the Southern States for the week ending July 80:
Virginia. -Drought broken by fine rains; vegetation revived and
advan tng rapidly.
North Carolina. —Drought thoroughly broken by copious rains,
which, with cloudy weather and moderate temperature, greatly re
vived crop; entire cotton crop now in fairly good condition.
South Oabolima.— Copious showers and favdrable temperature
caused material improvement In cotton, which, although small ard
late, is growing and fruiting normally, with some rust, shedding and
premature opening; sea island cotton blighted.
Geohgia.— Crops generally benefited »>y recent rains; cotton blooming, taking forms and growing where proper >y worked.
Flohida —Frequent rains unfavorable for cotton, which has been
damaged by rust; poor bottom crop; picking commenced on uplands.
Alabama.- Rainfall excessive iu some places, not enough in others;
cotton fruiting more freely; few full-grown jbolls, none open; condition still low.
Mississippi. -Conditions have been quite unfavorable; rain oaused
further injury to crops; cotton growing stalky, is small, shedding ana
fruiting poorly.
Louisiana. -Too much rain retarded growth and cultivation of
crops; cott' n damaged by rain, fruiting slowly, shedding and very
grassy.
Texas.— Showery throughout week; cotton genera ly laid by in good
condition, growing rapidly, fruiting well and promisingin many localities, but some complaints of too rank growth and light crop of bolls.
Mexican weevil and boll worm reported in few sections, early ootton
1
maturing.
Arkansas.— Rainfall general; cotton improved and promises good
yield • xoept in lowlands, where mm-h has been abandoned.
Tenne8Ske Mood rains tb.rougho.it State greatly revived vegetation and generally Improved growing crops; ootton small.
Missouri.— Timely rains; cotton doing well.
Oklahoma and Indian Territories.— Rains have improved late
crops; coti on making rapid growth, boiling and blooming and in excellent condition.
—
Thei-e reports on cotton are summarized by the Depart
as followOver the eastern and western portions of the cotton region there
has been a material improvement in the condition of cotton, but in
tbe central distrlcs it has suttured further from continued rains. In
Texas the crop has been generally laid by in good condition and is
promising in many localities while oouo.plaiu.ts of too rank growth,
light boils, weevil and boll worms are repoited.
ment
Cotton Consumption and Overland Movement to Aug. 1.
—-Bel >w we present a synopsis or our overlani movement
receipts, exoorts, spinners' takings, &c, for the month of
July ai d for the eleven months of the season to Aug. 1,
for the years 1897-93, 1808-99 and 189vt-190
).
3 'at
was
100 bales, against nil at the corresponding date in
amount afloat reaches nil, against 23,578 bales
1899, and the
last year.
—
Shipping News. As shown on a previous page, the
exports of ootton from the United States the past week have
reaohed 54,366 bales. The shipments In detail, as made up
from mail and telegraphic returns, are as follows:
Total bain.
Liverpool, per steamers Caledonian, 1,705
Cuflc, 1,039. ...Georgic. 8.^02
11,346
To London per strainer Minnehaha, 850
8*0
To Havre, per steamers Alex. Bisio 400... 8t. R«gulus, 65
465
To Bremen, per steamer Frledricti der Grosse, 2,578
2,578
New York—To
To Antwerp per steamer British Empire, 419
To Copenhagen, per steamer NUolalll 105
To Genoa, per steamer Vicoria. 20tt
New Orleans— To Liverpool— July 31— Steamer
bales.
Gross overland in July..
Gross overland in 1 1 months
Net overland in July
Net overland In 11 months
Port receipts in July
Port receipts in 11 months
Exports In July
Exports in 11 months
Port stocks on July 31
Northern spinners' takings to Aug. 1
Southern spinners' takings to Aug. 1
Overland to Canada for 1 1 months (included in net overland)
Burnt North and South in 11 months.. ..
Stock at North'n interior markets Aug. 1
Came In sight during July
Amount of orop In sight Aug. 1
Came in sight balance season
Total orop
Average weight of bales
Jute Butts, Bagging,
the week under
41,240
1898-99
57,772
2,011,854
32,546
1.306,733
74.3 18
8,387.89
196,754
7.248.575
392,366
2,223.610
1,772,S28
18,636
1,218,98 +
114,615
6,527,28*
137,462
5,812,233
133.494
2,199,118
1,443,000 l,240,0t>t
103,544
91,043
15,541
1.906
1997-98
3,770
Aug.
anian. 3,300
review at
unchanged
2— Steamers Bernard
9,370
To Havie-July 27— Steamer Sardinian Prince, 3.894
Aug. 4— Steamer ImOerial Prince. '^,532
To Rotterdam -Aug. 1 -Steamer Sanna. 250
To Barcelona July 27—Steamer J. Jover Serra. 2.S74
Galv <;8Ton— To Bremen -July 31—Steamer Borknm, 3,270
To Rotterdam— July 28—Steamer Peerless. 500
Newport News—To Liverpool—Aug. 2—Steamer Knignt Errant. 515
;..
Boston -To Liverpool—July 27— Steamers Sachem. 607; Turcoman, 3.961
Ju.y 28—Steamer Iberian, 1.9^4
Baltimore— To Liverpool— July 28 -Steamer Rowanmore,
6,426
2%0
2,874
3,270
500
515
5,922
6,706
6.706
2,074
To Bremen— July 27— Steamer Hannover. 2,0 7 4...._ ..._
To Hamburg— July 26— Steamer Brisgavia, 150.... Aug. t—
Steamer
346
Oriel,
Total
496
—.
„.—-,...
..
..
54.366
The particulars of the foregoing shipments, arranged
in
jur usual form, are as follows.
Great French Qer- ^Oth.JFrope—* Mexico,
Brit'n. ports. many. North. South.
<te.
Japan. Total.
200
(few York. 12,196
465 2.578
524
15,963
N Orleans. t*,370 6,426
250 2,874
18.920
Galveston.
500
3,270
3,770
N'p't News
515 ...
515
uston ....
5.922
5,922
ialtimore.
6,706
2,570
9.276
Total.... 34.709
6,891
1,274
8,418
3,074
54,366
To Japan since Sent. 1 shipments have been 18,076 bales
from New York, 5,050 bales from Baltimore, 43,240 bales
from Galveston, 35,359 bales from New Orleans, 9,650 bales
from Pensacola, 14,352 bales from Savannah and 172,002
iales from Pacific Coast.
To Cuina, 8,132 bales from New
York, &c.
ootton freights at
New York
the past
week have
been
iS follows.
Satur.
Mon.
Hum.
Liverpool
c.
Havre, asked.. ..e.
25
30
25
30
25
30
Bremen, Ag.-Sep.c.
32i<)
32i*
Hamburg
Amsterdam
30
33
33
40
30
33
33
40
c.
c.
Rotterdam
c.
Reval, v.Br-Hamc.
Do
Do
Wedna. Thurs.
Fri.
30
25
30
32if)
32>a
32*3
32*9
30
33
33
40
30
33
33
40
30
33
33
40
30
38
83
40
40
38
38
25
25
SO
v. Hull... c.
40
40
40
31®35
31®35
31»35
40
30
40
30
40
30
v. St. Pet.c.
Genoa
c.
Trieste, asked... c.
Antwerp
...e
Ghent, v.Antw'p c.
31935 31935 31935
40
30
40
30
40
30
S6I4
3612
36>«
9***
36ifl
36>s
(Quotations are cents per 100 lbs. or fractions of a penny per lb.
.
— By cable from Liverpool we have the follows
mg statement of the
week's sales, stooks, &o,. at that port.
July
1,822,222
19,496
1,22?, ^48
44,911
8,60i,795
93,803
7,426.2 4
2 i4,073
2,173,069
1,039,000
111,941
2,948
10,776
117,407
8,096
6,800
20>,251 167,2i9
9,028,253 11065632 10940443
169,761
240.517
11235383 11180960
50328
509-59
50681
&c— Bagging
_
Eleotrioian,
Hall, 2,3 jO; Louisi-
37,192
has been inactive
quotations, viz: 7 3^c. for 1% lbs. and 8c. for 2 lbs., standard
fades. Car- load lots of standard brands are quoted at 8@8^c.
Jate butts still very dull and
o. b„ according to quality.
nominal at l%c. for paper quality and 2%c. for bagging
quality, new crop. From Messrs. Ira A. Kip & Co. 's circular
we ascertain that the deliveiies of jute butts and rej-ctions
at New York and Boston during July were 38,387 bales,
against £4,837 bales for the same month last year, and since
January let the deliveries have reached 236,258 bales, against
228,795 bales in 1899. The aggregate stock in the hands of
Importers and speculators in New York or Boston on Jnly
during
4i9
105
200
..
,
Liverpool.
l899-'00.
[Vou LXXI.
Sales of the
week
bales.
Of which exporters took...
Of which speculators took.
Sales American
. ..........
13.
46,000
1,000
July 20.
20.000
1,000
July 27.
19,000
2,000
Aug.
_
3.
19,000
1,000
33,000
3,000
59,000
368,000
267,000
25,000
14,000
33,000
24,000
15*,ob0
17,000
16,000
3,000
5,000
5,000
Forwarded
39,000
31,000
48,000
Total stook— Estimated
334,000 318,000 304,000
Of which Amerloan— Est'd.
242,000 227,000 215,000
•27,000
28,000
Total Import of the week
20,000
24,000
Of which Amerloan.........
15,000
17,000
53,000
Amount afloat
39,000
46,000
47,000
Of whloh Amerloan.........
29,000
40,000
* Including 3,987 bales Amerloan from Japan.,
The tone of the Liverpool market for spots and futures
eaoh day of the week ending Aug. 3 and the daily closing
prloes of spot ootton, have been as follows.
&.otual
export
Sat'day.
Spot.
Market,
Very
{
little
Monday. Tuesday. Wed'day. Thurtd'y Friday.
Quiet bat
Qnlet.
Dull and
l:45 P. U.\
doing.
steady.
«id. Upl'ds.
525 sa
52» 39
5H, a
519 3S
2,000
4,000
3,000
3,000
Ipec.
A exp.
easier.
Very
little
QulN.
toiug.
5'ie
4,000
2,000
200
500
Futures.
Market,
Quiet at
{
1:45 P. m.J
Market,
4 P.M.
I
$
1-64 «* 2-64
Quiet
Steady.
decline.
Quiet but
steady
Easy
at
1-64® 8-64
Steady.
decline.
Qnlet.
Barely
steady.
Quiet.
$->\l (4
«t
1-64
Irregat
•artially
decline.
1414 adr.
Barely
Easy.
rte*Uy.
The prices of futures at Liverpool for eaoh day are given
below, Prioes are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
—
Avowr
THE CHRONICLE.
1900. J
4,
The price* are given in pence and 6Uht.
64<t..
and 5
01
Xhut
4 68 meant
:
meant 5 l-64d.
Tnea.
ITIoll.
Sat.
Jvly 28. July 30. July 31.
Wed. Ttanm.
Aug:
Aug.
1.
2.
Fri.
Aug. 3.
1:45 4 1:45 4
1 1:45 4 1:45 4 1:45
P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.
4
12ifl
d.
d.
5 36
S
3
5 30
July-A.ng..
Aug. -Sept... 14
Sept.-Oot.... 4 S7
i
14
57
July
!">
Oot-Nov
>30
4
Jan.-Feb.... 4 34
Feb. -Mob... 4 32
431
d.
d.
d.
5 36 5 34 5
5 1 5 29 5
5 14 5 13 5
4 57 4 56 4
4 45 4 44 4
4 39 4 33 4
4 36 4 35 4
4 .-(4 4 33 4
d.
d.
d.
d.
d.
29
d.
d.
U1513
5 20 5 155 13
5 08 5 04 > 03 5 01 5
5 21 522
10 5 0^ 5 09
54 4 54 4 54 4 53 4
26
42 444 142
37 4 36 4 37
4*9
34 4 «4 4 34
43
32 432 4 32
4 31
4 33 4 32 431 4 30 4 30 4 30
4 31 4 31 4 30 4 29 4 2d 4 29
4 4 v 4 45
Nov.-Deo... 4 39
4 36
Deo.-Jan
Mob. -April..
50448
1
00
47 4 46
4 41 4 39 4 38 4 37 4 36
4 36 4 34 4 32
4 33
431
431 419
4 2*42-
4 29 4 27 4 25
4 2s 4 26 4 25
4 25 4 25
33
29
4 27
1 26
4 26
4 24
1
.
431
;
NEW
f.
o.
b
Sept. delivery In elev
Oct. delivery in elev
luet.
82%
82*3
8I&3
80i«
8058
815a
8o>a
SO^
80%
Wed.
82
Thurt.
8138
80%
79 7s
8158
813a
82*a
8.5a
DAILT CLOSING PRIORS OF NO. 2 SPRING IN CHK'AOO.
Sot.
Hon. Tuet.
Wed. Thurt.
7414
74 78
73 7a
74
Aug. delivery In elev
74H
7l 7s
75*4
75 1*
75
75%
S.«pt. delivery In elev
7568
7658
Oct. delivery in elev
Deo. delivery In elev
Indian corn futures have received only a limited
Frt.
81%
80^
82*8
Fri
743s
75*4
76*8
ported only very moderate, and it is still some time before
the new orop will come on the market or is in fact assured;
country acceptances also are reported as light, owing to
the reaction in prices, and these factors have had a tendency
to hold the selling in check to some extent. Today the market was quiet and easier. The spot market was fairly active.
The sales for export here and at outports were 410,000 bushels.
DAILY CLOSING PRIOEB OF NO. 2 MIXED CORN IN
YOHK..
Fri.
Wed. Thurt.
Bat.
Mon. Tuet.
44D8
4378
Cash corn f. o. b
44 78
45»8
45%
455s
42 *
Sept. delivers In elev
4414
44 *a
4.-»8
44*4
44
3938
Deo. deli very in el ev
41ifl
41^
41*8
40
40'a
DAILY CLOSING PRIORS OF NO 2 MIXED CORN IN CHICAGO.
Fri
Wed. Thurt.
Sat.
Mon. Tuet.
36'8
August delivery in elev.. 3t 7s
37»«
38 7a
39
37 78
Sept delivery in elev
37»«
3 78
3858
33
383a
385a
NEW
37>a
Mon.
Tuet.
Wed.
No. 2 mixed In elev
8To. 2 white in elev
27i*
27 ^
26*«
25i*
27i*
Sept. delivery In elev
Oot.lelivery in elev
22i«
2l 7s
2138
Thurt.
Fri.
26
26
28
27i*
29
28 1*
29
DAILY CLOSING PRICES OF NO. 2 MIXED OATS IN CHICAGO.
Wed. Ihurt.
Mon. Tuet.
Sat.
Fri.
21i*
21 1«
20 7s
20%
20%
AngnBt delivery In elev.. 22
21H
21*4
213s
21^
2138
and at the lower prices renewed inbe shown by exporters. Barley has
211*
Rye has been easier
terest is beginning to
FLOUR.
Patent, winter. ...93 90 94 10
$2 40 «2 55
City mills, patent.. 4 50 94 70
Superfine. .... .... 2 50 tt>2 55
Ryeflour,superfine 3 00 93 70
2 70 *2 75
Extra, No. 2
Buckwheat floor
9 ....
2 50 92 80
Bxtra.No. 1
Corn meal—
2 90 ®3 .^0
Olears
Western, eto
2 40 92 45
3 65 93 90
Straights
Brandy wine .... 2 50 92 55
4 00 94 75
Patent, spring
(Wheat'flour in saoks sells at prices below those for barrels.)
GRAIN
o.
Corn, per bush.—
o.
o.
e.
Wheat, per brum.—
Western mixed.
Hard Duluth, No.l 8458»86i*
417s944
No. 2 mixed.
41 78*44
N'thera Dal., No.l 8'3a8*84i4
420b*44i*
Western yellow
Red winter. No. 2. 79 78 »S1%
Western white
N'thern N.Y. No.l. 80% a^
43«fe«45 1«
Rye, per bush>ats— Mix'd.p.bush. 25>s«23
2'/ 1*a3l
531*9561*
Western
White
State and Jersey
52 957
26 927
No. 2 mixed
Barley— Western.
48 953
28 929
No. 2 white
Feeding
45 949
—
—
Government Weekly Grain 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
tbe grain crops in the various States for the week ending
July 30 as follows :
Weather.—The drought prevailing at the close of the previous week
in the Atlantic coast districts has been wholly relieved by local rains,
exo» pt in Southern Florida, and the week, a* a whole, in the districts
east of the Rocky Mountains has been one of highly favorable temperature conditions, with generally abundant moisture.
On the
Pacific oo •« t the conditions were also generally favorable, although
the eastern portions of Oregon and Washington experienced very high
temperatur»s.
Cokn—The corn orop has made splendid .progress during the week.
All report' f om tbe st-ttes of the oeutral valteva Indicate th-tt It has
made rapid growth and that the early planted is nearlng maturity
over tbe southern portions of the principal corn States. Some early
corn In the Carollbas and Virginia has been per uanently injured by
drought, but late corn in these States is promising.
Winter Whbat. Winter-wheat harvest is practically completed,
except where delayed by rains in some districts over the northern
portion of the winter- wheat region. Threshing has b«en quite generally delayed in the oe tral valleys as a result of rains andiDJaryto
wheat in shook is quite extensively reported. Harvesting continues
on the Pacific coast.
Spring Whbat.— Spring- wheat harvest Is now general in the northern portion of tne Red River Valley and is progressing favorably in
the southern portion of tbe sprng wheat region. The dry, warm
weather has rapidly matured the orop in North Dakota, where, owing
to short straw, much had to ba mowed. In Southern Minnesota a
large par of the crop Is in shook, and in the northern portion of the
State the wheat heads are reported as well filled. In South Dakota
fair to good yields are indicated in the extreme southeastern co"nties,
the crop being poor to fair elsewhere, but generally of good quality.
Oats.— Rains have caused some further delay in the oais harvest,
which, however, is neany fioisbed in the mor<< northerly sections.
Some damage to oats in shook is reported from West Virginia, Indiana
•
—
and
Illinois.
The movement of breadstuffs to market as indicated in the
statements below is prepared by us from the figures colle ;ted by the New York Produce Exchange.
The receipts at
Western lake and river ports for the week ending July 28,
ind since Aug. 1, for each of the last three years have been:
amount
of speculative attention and prices have continued to sag.
The principal factor has been the improved outlook for the
crop. Weather conditions in the corn belt have continued
favorable and predictions of a yield of 2,000,000,000
bushels from the growing crops have been quite freely
made. Speculative holders, owing to the changed crop
outlook, have continued sellers to liquidae their contracts,
and there also has been some selling in anticipation of a
further shrinkage of values. The principal sustaining factor
is the statistical position.
Supplies of tne old crop are re-
Oct. delivery in elev
NEW
Sat.
Pine
*
Mon.
wh
4 24
Friday, Aug. 3, 1900.
experienced for wheat
be
A dull market has continued to
favor. Demand from
buyers'
in
tendency
the
flour, with
the local trade has been at a minimum, as with the downward
tendency to prices for the grain, jobbers have been more
anxioue to work off their present holdings than to make additional purchases. The export business also has been doll;
consequently to move supplies of importance sellers have
found it necessary to name low figures. Rye fl"»ur has been
The dequiet, but prices have been fairly Wrll maintained.
mand for corn meal has dragged,and price9 have weakened.
Speculation in wheat for future delivery has been moderately active but the tendency of prices has been downward.
The European advices have been easier, reflecting favorable
and improved crop prospects abroad, and the export business
has been lignt. Tne movement of the wintei- wheat crop,
while showing a small shrinkage, ha nevertheless continued
Advices from the primal markets, however,
fairly heavy.
have reported active buying by millers, with the result that
there is no excessive acu ovulations in the visible supply.
On Wednesday advices were received from California reporting dipappointiug threshing returns, and this had temBuyers, however, have not
porarily a steadying inflaence.
been disposed to be aggressive, with longs as a rule inclined to take advantage of rallies to liquidate their
Tnursday the
accounts rather than bull the market.
feature was the character of the crop news from the Northwest. Advices were received saying that the yield of the
spriug-wntat croo was turning out in excess of expectations
and of desirable quality this prompted renewed selling, and
as the buying was scattered, prices declined rather sharply.
Business in the spot market on the seaboard has been limited,
as expoitf-is have been only very moderate buyers and prices
have declined. To day there was a quiet market early, but
during the late trading prices advanced on a revival of the
export demand. The spot market was active; sales for export here and at outports were 8ll0,000 bushels.
YORK.
DAILY CLOSIMO PRICKS OF NO. 2 BED WINTER IN
Sat.
free, and with only a limited demand prices have declined.
To-day the market was again easier. The spot maraet
steady; the sales for export were 60,000 bushels.
YORK.
DAILY CLOSING PRICES OF OATS IN
continued neglected.
Following are the closing quotations:
BREADSTUFFS.
5
247
4 28
4 v6
4 24
4 24
,
Cash wheat
:
.
c6%
363a
Oats for iuture delivery in the Western market have been
moderately active, but at lower prices. The pressure to sell
has become more pronounced, as generally favorable crop in
dicatioLs, together with free acceptances by the country, have
prompted liquidation on the part of speculative holders, and
also have incused freer selling by bear operators.
The local
spot market has been weaker. Offerings have been fairly
«t—
4««4>t*
Wheat.
flour.
Corn.
Oat*.
Barley.
ai-
Bbu.imib* BtMh.60ib< Buth.bOlbt BtUh.S2tbt ButhASlb* 8u.66Ifa.
182.617
69,8.5
iiiwankee..
ilnneapolli.
1,593,745,
995.2 4
53,928
103,200
31,460
134,110
64,000
7,130
1,837.000
215,900
124,835
69.740
361.796
183,306
220,884
363.945
110,400
258,000
721,792
110,600
90.000
170 869
6.000
1,067 4 n0
17,138
426,691
47.009
6,800
lev eland
it.
Louli
Gmiai
...
13.658
46,866
....
22,836
1,172.917
11,600
18.000
City.
7,000
18,861
2,580
10,020
l.HC
14.288
76C
4,200
74,816
69,668
131,672
37,144
168.406
2:9.205
309,20n
54,000
Tot.wk.1900
368.788
6,164,214
3,470,649
2,133,619
tame wk.'89.
iame wk.'»8.
874.885
5,048,979
6,490,401
3.208.952
101.758
171,831
211,608
3,696,634
2.643,922
2,191,069
85,049
Hnce
A tii.
1.
899-1900....
1898-1899....
897-1888
81.173.4S8 22">,«25.505 226,769 031 166.818.314
16.6*0.231 .'b6 914,851- 226,688,627 176,344.633
1
.8*6.480 3 6.084,136 •34 '.681 ,74 6 l8l.715.OTO
1
,319.849 6,143,812
o„.674.>-63 10,692,926
35«00 FHS
Tne receipts ot dour and grain at tbe seaboard
-he week ended Jnly 28, 1900, follow
loiton
Montreal
Philadelphia
laltlmore
Uohmond
<ew Orieam*
-""oort
Four,
at—
ti*crtrtt
<ewYork
Newt
N3rfolk
bbl».
„
126.M93
49,768
I7.h48
68,031
7o 924
1,975
12.319
19.4
6.b74
i-iTeiton
'or Hand,
21,189
8.S00
Me
Total week
•e* 1899
Wtoat,
bush.
59 '075
Corn,
buth.
1,93*425
225,907
X14.H20
168,513
663.H0J
17.636
69,000
73
191/'
t!
68,9^6
61)0.367
503,»76
640.074
34,i76
ISV'OO
_
107.143
8).748
Oatt,
1" 027 70S
ports for
£«ri««
buth.
bu$h.
By*.
buth
818,700
340,6 '0
65 900
153 000
41,235
93)91
44619
800
3.V30
5 800
'
8,874
"2.887
11,313
46."25
50,000
"*4,066
6.686
71,150
"i.7,142
9tt,712
370,337
412,030
2.113.913
4,039.613
4.6'6,53fl
167U63
163 930
53 386
«ja*,8 105,160
* Keueipts do not lnoinde grain patting through «««r Orieaai for ro retro
»oru on through bill* 01 lading.
4.771.1U0
1,690, o31
©
*
THE CHRONICLE.
248
Total receipts at ports from Jan. 1 to July 28, compare at
follows for four years:
1897
1R9H.
1899
RtcHtu or—
1900.
Flour...
12,0c 3,299
11,777.812
10.685.921
9,400.728
60.«12,62l
127 51».«63
87.751.88*
108.127.1 7«
64.563 'OS
107.611 7 6
9VW67
•••••a bbli
Wheat.
•'
Oat*
"
...
4260
Total grain....
6,263.90
"
210,993,006
225.996.C60
269,068,339
190.515.29
several seaboard ports for the
bush.
200 142 1,475 882
Boston
23i."70
00
....
2*0<M
Orleans..
128,177
—
72
Norfolk
Newp'rt News
3?6.4"0
Montreal
504,(00
Oalreston
Oat*.
bush.
516,412
bbls.
lf'7,143
676.606
.
60.000
979 285
197.644
239.611
Week
747,183
A
West Indies
Br.N.Am Colo's
Week
1,1899.
July 28
39.7S0
8,439
81.S61
2.91*
64,656
168.262
week and
.
—
197.644 14."92.669
239.611 15.950,614
1,680,841 80.887.332 3 937.' 85 178.883.P95
1,067.273 llw.30o,6."4 4,169,761 162.4*1,532
1
8 pis
3 ,681
2 >.»4tf
18.7 ta
1,400
670
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, July 28, 1900, was as follows:
In
store
at—
New York
Do
afloat
299.3
'
0VOO
1,149,000
295.000
423,000
30.000
401,000
80,000
84.000
722.000
76 <.000
6 000
149 000
5,000
2,000,000
100
16,000
24.00
10 0C>
108.00'
553,000
546,66b
"si'oob
10,000
162,000
233,000
"4.000
6,000
10,618,000
3,530,666
1,693.00*6
302,000
122,006"
1,0(0
afloat
1.00C
afloat
afloat
....
Mllwaokee
afloat
Do
rt-WUl'mAfuArtnur
Dnlnth
966,000
130.0CO
1.274,000
9.087,000
424,000
82,000
'irbbo
'83.666
68,000
323,000
2,000
5.006
2,000
iis 6*66
"
ll.fiO*
'45,00
afloat
9.663000
Minneapolis
St Louis
Do
413.066
hus&
138,000
afloat
Chicago
Do
146,000
4 9 uoU
Barley,
buth,
301. J00
669
Detroit
Do
871000
Oats,
bush.
570.000
1,026,000
Toledo
Do
bush.
1.W9000
Buflalo
Do
Corn,
bush.
743 000
2 9.000
Montreal
Toronto
Do
Wheat,
1,812,000
Boston,
Philadelphia
Baltimore
New Orleans
Galveston
1,006,000
afloat
Kansas City
Peoria
Indianapolis
1,474,000
9 000
336,000
On Mississippi River
On Lakes
On canal and river.
. .
„ ....
Great Britain
Other European
China
[ndla
Arabia
49
6
4
103
1,654
135
636.000
42,000
8,'66b
23.000
108.000
95,000
21.000
2,251.000
748.6*00
662,000
194,100
7.
'10,66c
"«0
2000
2,000
5.69J 000
28. 1900* 45 889 000
11 69! 000
557000
618 000
TjIb/ July vi 1900* 45.631000
13 5^6 000
6 *28 O'O
61 1 000
696 OHO
Total Jnly 29 lt-8tT 38,132 000
11,846 000
3 79* 000
6*7 000
6 2 000
*»"000
Tots July 80, 18»>-T 9,093.000
17.6 6 000
o
3
305 000
343
T" Julv 81, 1897+ 17.814 000 16.69i.001 6.62S0O0 1.7<2.000
8*5,000
» Includes stocks in private elevators at Milwaukee.
t Stocks in private elevators at Milwaukee uui in mdeil
jxiin. Bea iiniuK July I, 1899, toe New Vork Produce Exchange has changed
Its VisiD e Suppiy Statement by inclu .ing stocks at New Orleans, Galveston,
Ft. William and Pt. Arthur (previously omitted) aud leaving out Albany
Oswego and Cincinnati, formerly included.
844
53
57
504
15
10,567
19,104
2,702
6,581
28.3S6
5,195
3,665
265,440
Mexico
Other Countries.
310
744
169
3,381
231,893
1,315
626
159,438
1,646
The value of the New York exports for the year to date has
been $9,887,775 in 1900, against $9,460,156 in 1899.
Wide sheeting* have been reduced from 15 to 20 per cent
during the week in all lines. Buyers were looking for a decline in these goods, and have since placed more business
than before. Bleachtd cottons have sold to a fair extent on
moderate-sized orders. Prices are steady and stocks are
generally limited. Cotton flinnels and blankets are dull and
unchanged. The heavy brown goods market is irregular,
8nd for goods in stock tending downwards the demand rules
slow in all weights. Fine brown sheetings also in favor of
buyers but fine grey goods firmer. Denims and ticks are
dull and prices favor buyers; other coarse, colored cottons
slow, with easy sellers. Kid -finished cambrics inactive.
The demand for prints shows some improvement in both
staple and fancy lines, with prices steady. Ginghams are
quiet and unchanged throughout. The print cloth market is
firmer, with some business in both regulars and narrow odds
in Fall River at full quotations.
Regulars, 2^c. Wide odds
are firm.
Foreign Dry Goods.—The demand for foreign merchandise continues quist throughout.
Dress goods show some irregularity and in silks fancies are weak. Ribbons dull and
unchanged. Linens quiet at steady prices.
Burlaps firm
with moderate sales.
Importations and Warehouse Wlthdrawali of Dry Good*
The importations and warehouse withdrawals of drj goods
at this port for the week ending Aug. 2, 1900, and since
January 1, 1900, and for the corresponding periods of last
4 1*
o
Flax
4
o
SUk
Cotton
Wool
»
5
»
-t
Mleoellaneo
-
Manuiaotur
:
l—
B
0
...
5*
GD
•
a
•
I
1
1
f
5
t
n
•
1900.
<0
1
CO
'
SO
Farther progress has been made in the readjustment of
prices this week in both cotton and woolen goods. In the
former by a wholesale reduction in quotations for wide
sheetings, and in the latter by the opening of the American
Wor len Company's lines for spring. The majority of cotton
goods appears now to have reached a fairly steady basis, and
the latest reductions in bleached cottons last week and wide
sheetings this have brought a somewhat fuller request. The
general demand has not expanded to any material extent and
buyers are still operating conservatively. Reports from outof town points indicate a fair distribution in progress, but
still speak of considerable stocks in second hands.
Until
these are moved a liberal business at first hands can hardly
be expected, but general replenishing requirements should
insurw a steady demand of at least present proportions in the
meantime. Tbe woolen goods situation is in strong contrast
witn tr at existing immediately after last season's opening.
Then the demand was very active; now it is quiet in all descriptions and generally regarded as disappointing.
Woolen Goods.— The event of the week has been the
opening if the American Woolen Company's new lines for
spring. These show the piece-dyes, clays, serges, etc., from 5
to 10 per cent higher than a year ago, and irregular advances
Compared with the top prices of
in fancies op to 10 per cent.
the past season there is, however, a material decline. Tne
trade- has not shown any eagerness to place orders on the
new bai-is, and the business done has been quiet. Where
other lanes have been opened prices show about the same
O-.rO
m 0000
W05
— c
(T)
—
O
ivj
a
,
I^C*
COtO
WW
05<Ct
to
c
1
05>O>0 05*.
U'COrOOi*'
QC». tO^l
M(OI->
r0C5©O(0
ia.31 31
v
§1
— Oi
CO
i
to 05 31
coco
05
H"
M
PI
-a
*>-to
91
to
CO
K
coco
1
If"-
CO
<oo
~i
CO
mM
ow
r>
©CO
l-4
IO
«
XI
05 35
05
COCO
<1
en to
30
M*^>V 00 CO
cocsto—
CO
tO
<l
00
•Hi
X
-1
at-'
•
coco - rooo
•
•
CO
CO
«jtj
Kicn
<-»
o *-
at
o.
If-
K)
*H-
00
05-"
"to
WOO
—
—
on
u
e>.
9
n
- 05
00 -J
C0l^
00 Jl
*n
Wi»
00 J>
iii
f -+
(O
©CO
05
en
lb ^J
—
H-©
«'*!-'
0-
©CO
CO
<1 n
C0t9
in
00
to
K>
M
lf»
Co"<l(Olf 05
05© " 1^05
w
00
05
©
m oaeo
-00 -3®
— CTltOWtO
coyi — -co
*.
O © ^J
—
1-»
coco
-.
05
H
M
(-•
cObO^J^-cO
—V
*J<
toco
J>
CO
~JCO
O
—
h-M
coco
©
o
— — toco —
O" 05 — © -1
»- «J<k UO
-*
O-.
ib
if*
«:»«M
to
j'
Co CO -J
00—53
—
D
—©
l^to
©to coco
OC0 00 —
<!*.© — to
to*» •'"COOO
lb O; 05
U3
© 05
<i --Io'tco
<1 vj to CO o
lb en
©
iv,
M
p —© 9.*»toa
|b »1
©
co en co cn
05
O
9
't-upvoen©
CO~J—
CO
^jencoeneo
—
00© »^)05
cji
to
© a <j
00CO©to
»
05 to »J CO
oo to en ib to
«pi
vJtO
a
•
>
>
r
X
H
_
>
St
00
ib CO
CO
CO
—
lb —
(-•
en
©en
s
en
-co
en 05
j
©
-j —
CO J0
MOJ
CD -r
r<
-J!
»
5&
i
SI
H
Q
.1
71
*
^0
aoocoxco
*B
"co
MHiOB'-Cn
*»
4J
coLenenOifk
a
X
-
00 tO 05
©05 -
— ~J
1—
M—
— CO — en
O
-a
•—
H
—
8
enooto»vi05
ib-q -
M
CO
3
05
X vO -b
»•» x*.
te o; co vj
CO
05
«k
cte en x
mi— — CD 05
JO
© 05 CO ©
-v'
—
s
©
OS
©
—
lb
CO
u
3)
K
*
T
*
R
1
B— -J
^xenuoto
CO
05
CO
CO
"
-J
CD
4£ aa
-
— ibCOtO
ccc^jcn *v
CO ~ X
^J
- 1
tiCOvO* 'CO
h-»s <v)Cocn
-jx
en
^
t.
*
s
.
e
co5
IT
PJ
©-
<
—
—
to
.b ib en
to
C;
ooo©xu
en cr
en
8
1—
2
—
—
CO
~
— — — CO —
en ^ co © a
*©—
ft
©
— T tC © tO
©lb — X©
en — to —
K)
co eo to
^) w «.
-^
c©
CI.
—
ib
c
J>
S3
t.
O
Oocoenoo
1— — |b©00
coo — 05 en
CO
s
5
B
sc
to
3R
»—M
co
N
05
to
B
C
H
©CC^
05
O
©
tr-
enenoflci
oojop^M
©05
Men
"hi
— toiAcoeo
©©coco —
P,~P.-~—
"toxo — to
»J — > 05 lb
©en *. 05 to
^enjb^to
SO
M
05 ib
-
p
^n
©
r.
00 CO
Lb
CO
05
ib.
loco — COP—
CO to
00 <1
--^1
~j
1
HM
i—
00
CO—
coco
1—
CO
CO
«1
en
1
«
w
J*
•
a
to
M
<-*
—
s
CO
05 tO
f»
to
en
>
50
O
a
Or
ib©
©
en
a
t
•
s
K
n* en
00
J>
B
i
lib
i&
00
IIS
|
9
O- — — tO COM
© — « T tO -O
oen — -vltO^J-vl
lv tO
tOOibtOCO
o — en© -oco
CO
00
t-Oit>- ti 05
«3j ;i
** CO
rx CO iv. if
CO v©5SO<
i* in
.
IO CO
CO 05 00 -4
J
s-
0.
<j%co1o"d
-»*
JJ
•«
a
H>
M
J!
03
X 05
JOtStSS
U> CO
Vi (j<
|
ta
CD
Mcoeo#>.to
H.
Si:
—
O O©
.- en "^ *3
l-i
•
lit
ffl
Oi*CO
SO
to
OS—
05©
COO
OOi—
D
05
1
1
•
.
m
X 5""
(0*<O*:* Ui OS
oococo nco
i
...
05
CO
CO
XJ
.
Manuiaotur
•
a
P.n o — a
B t>
g
8: : t : S
Cotton
I
til
o
Silh
Flax
Mlaoellaneo
•
•
H
to
i
• S3
••(K
CO
THE DRY GOODS TRADE.
3,
IB
30
I
.
York, Friday, P. M., August
29 880
1,224
9
13
year are as follows:
TotaUnlr
New
946
2639
15,684
1,961
7,187
26,394
5,377
Total
Since Jan. 1.
Week.
1.
1,3P0
1,185
138,450
8,407
23,259
184
23
C$rn.
r—
Weik Sines
9,363,W49
2.166,022
1.01' ,602
1,800.9" I
179.416
881.870
1
bbls.
1899.
30.
since
Sept.
Bine* Sept.
July 28.
1, 1899.
1, 1899.
"i»9/i.
b«»*>
busA.
but*.
827.474 49,266,135 1.612,505 8\991.822
743.K18 80.6S7.m70 2,86 -.190 94,06 .820
296.1
177
19,6*0
6,055
72
872
28,7 17 1,063.359
3 000
481,921
9,000
610,665
29 598 1.7 » 7.3/3
28.
bbls.
Other countries
Totai
Total 1898-99....
Sines Sept.
July
,
B.
8,060
62,321
8.210
-Whtal.
-flour.-
8ept 1 to—
to July
Week. Since Jan.
106
181, .69
:
1900.
Nkw York
66,696
17,249
destination of these exports for the
September 1, 1899, is as below:
C. America.
bin*
1.791
96.712
10t,2f7
below
points specified in the tables
Sarlty
Peas,
bush.
hush.
31.481
The
Umteo Kintidom
week
Domestic Cotton Goods.—The exports of cotton goodi
from this port for the week ending Jnly 30 were 3,381
packages, valued at $159,290, their destination being to the
Africa
Total week 1,680 641 8 937.585
Same time '«9. 1 967.273 4.16u.7nl
Continent.
<
the annexed statement:
46,847
87.610
6,586
84.U50
89.120
1.849
6.874
19.430
5.172
290.4-8
17.1*8
872.K4*
929.6*5
8 '.618
86,748
1.150
Mxportt for
meek and sines
unchanged.
t ,9*6.938
Mxportt from- hush.
New
9i8
>60
Haw York
40.i
•i,n6t
**9
3.8^9745
28, 1900, are shown in
Flour,
Corn,
Wheat
Portland, Ma.
Philadelphia.
MS
7.467 866
1.674.134
3.13'
comparisons as above and the same kind of a reception at
the hands of the trade. The heavy-weight reorder business
has been quiet at irregular prices. For overcoatings and
f W6
43.81ft
10H
"
The exports from the
ending Jaly
46
,868
[Vol. LXXI,
cloakings a quiet demand only is reported in an easy market.
Dress goods are in favor of buyers as a rule, with only an indifferent business doing. Flannels and blankets quiet and
69.1'(1.H69
2.047.1 67
»
my....
Baltimore
—*
*
5
OP
»
S
i
f
i— **
co* en
a>«j© tocn
05C © X. 08
o; ©en et ©
*
^
p
s
—
V X
r*
OS
CO
CO
CO
J
August
.
THE CHRONICLE.
4, 1900.
249
already in, the indications are that an increase of
from 40 to 50 millions in the valuation may be expected, thus placing the city far within the limit of
TERMS OF SUBS CRIPTION.
indebtedness.
will
furnished
be
Supplement
without
Investors'
The
The number of municipalities placing bonds and
extra charge to every annual subscriber of the Commercial
the number of separate issues for July 1900 are reand Financial Chronicle.
The State and City Supplement will also be furnished spectively 165 and 211, as against 204 and 256 for
without extra charge to every subscriber of the Chronicle.
The Street Railway Supplement will likewise bt fur- June 1900. In July 1899 the number of municipalities
nished without extra charge to every subscriber of the was 202 and the number of issues 238.
Chronicle.
In the following table we give the prices which were
The Quotation Supplement, issued monthly, will also be
subscriber
of
the
furnieh-d without extra charge to every
paid for July loans to the amount of $7,461,543,
Chronicle.
TERMS for the Chronicle with the four Supplements issued by 137 municipalities. The aggregate of sales
above named are Ten Dollars per year within the United for which no price has been reported is $561,700, and
States and Thirteen Dollars in Europe, which in both cases
In
the total bond sales for the month $8,023,243.
includes postage.
loan
reference
each
is
made
of
to
the
page of
the case
Terms of Advertising— (Per Inch Space.)
where
a
full
account
Chronicle
of
is
sale
given.
(13times)..$2900
Three
Months
the
Transient matter (ea<-htime)$4 20
(26times).. 5000
SixMonths
STANDING BUSINESS CARDS.
July Bond Sales.
$22 00 Twelve Months (52 times). 8700
Two Months (8 times)
Bale.
Maturity.
Location.
Amount.
Price.
Page.
MUNICIPAL BOND SALES IN JULY.
The municipal bond market during the
past
month
has been rather quiet, the aggregate of the sales being
only $8,023 243. This total is not only far less than
that recorded for the
126), bat
it is
month
of
June 1900
also less thaDJthe average for
previous eight years, which
is
($19,670,-
July of the
$9,830,559.
The
July 1899 was $18,613,958, but this included
bonds amounting to over ten millions issued by the
The
New York.
month was that made by
Boston on July 24, when $1,582,000 3^ per
piincifal sale
the city of
of the
cent 30 year and $250,000 3| per cent 40-year bonds
were awarded to Harvey Fisk & Sons and Vermilye &
New York
on an interest basis of about
A large part of these bonds was
3 ll£ P er cent.
originally offered on July 5 as three per cents, but the
low rate of interest failed to attract any bidders, necessitating their being re- offered at an increased rate
Co.,
City,
-
of interest, with the result given above.
The
Cleveland is experiencing some difficulty in disposing of her bonds at a price deemed satisfactory by the city officials, they rejecting all bids
city of
received at the last two offerings.
The
city
had been
bonds for some time past on an interest basis
ranging from 3*08 per cent up, but bids received in
response to the last two advertisements were on a
selling
basis of over
330 per
cent.
The
reasons given for
drop in the price of the bonds of the city of
Cleveland is, that with the addition of the new issues
Cleveland's bonds would no longer be a legal investment for New York's savings banks the indebtedness of the city, less its water debt and sinking fund,
being thereby increased to more than 7 per cent of
the valuation for purposes of taxation.
While the
Ohio statutes also fix Cleveland's debt limit at 7 per
cent of the assessed valuation, deduction is allowed
from the total indebtedness, not only of the water
debt and sinking fund assets, but also of special
street-improvement notes (issued in anticipation of
the collection of special taxes), which on July 1
—
aggregated $1,359,160.*
The condition here referred to is not likely to continue
for any length of time, as the decennial appraisement
property is about completed, and City Auditor
Salen is authority for the statement that from reports
of
The
2X?.,
l'!
ooo
within
the
now
New York State limit
preucribtd by the Ohio .Legislature.
4*2
4
4
Addyston, Ohio
5
.Akron, Ohio
.Akron (O.) Sch. Dist.. 4
4
AlKonac, Mich
.Anaconda) Mont.) Sch.
5
Dist. No. 10
4
96. Athens, Oa.
198. Atlantic. City, N.J... 4
5
147. .Aurora, 111
5
147. Rarberton, Ohio
.
251. .Belleville (N. J.) Sch.
4ia
Dist
147. .Bernalillo Co.,N.Mex. 4
413
2M. .Blackford Co.. Ind
147. .Blanchester (O.) Sch.
Dist
251. .Boise (Ida.) Sch. Dist.
iss.).
iss.).
.Bristol, R.I. (2 issues)
251. .Brookings
Dist
199. .Buffalo,
199. .Buffalo,
)99. .Buffalo,
199. .Canton,
199. Panton,
and $1,^09,160 within the limit
319
313
3i2
9.000
36,611
25.000
25,000
23.000
10,000
20,iOO
1901-1926
1920
1930
1901-1905
1910
1911-1930
19SO
1910
5
Y
N. Y
N. Y
313
313
V.
101-50
19011920
3,500
178,500
25,015
1902-1929
15,000
11 3'15
1930
IK 40
1930
U910-1920
1920
19 O
1920
O. (5 issues).
4
1901-1910
Ohio
4
1910
.Carbon Co., Wyo
96. .Cedar Falls (Iowa)
100-80
107-477
250,000
130,000
108817
31.644 106-365
15,988 106-315
lo.lOO 10038
9,000 104-64
14,400 101-146
412
4
Ind. Soh. Dist
Dist
199.. Colchester (111.) Sen..
Dist No 6
199. .Commaok (N. Y.) Sch.
Dist
251. .Coraopolis, Pa
251. .Cor opolis, Pa
47. .Corydon, Iowa
97. .Coshocton, Ohio
97. .Dayton, Ohio
97. .Denver, Colo
97. .Dover (N J.) Sch Dist.
199. .East Orange, N.J
Iv9. .E. Peoria (ill.) S. Dist.
148. .Eddyviile, Iowa
97. .Elida. Ohio
251. .Elliott, Pa
.Escamiiia Co., Ala
97. Essex Co, N.J
1910
1901-1920
1902-1918
19*0-1930
1919-1929
4.500 102-625
12,000) 105-57
6,000 5
12,000 100
4
4
4
6
4
11910- 920
1
4
1H01-1912
1901-1^03
119 0-1915
4
1901-19.il
4
1940
1901-1913
1902 1911
1920
1910-1930
1901 1h 20
19<8
1930
1910
1901-1910
tl9 5-1920
1901-1905
11910-1920
5
5
6
River, Mass
199. .Fall River, Maes
251. Findlay, Ohio
199. .urauby(Mo.)Sch Dist.
47. .Grand Rapids. Mich..
199. .Great Palls, Munt.....
97. Green Baj Wis
148. .Gieenport, N.
47. .Green s burg, Pa. (2
sues)
47. .Greenville, Ohio
4
6
4
5
310 1S03-1922
11218
5/00 lOo
12,0
103-45
100.00
21,000 101-76
40,000 112-729
6,5"0 100
7,000 10J-P25
4.000 129-375
23,000 10316
17,000 102 941
500.C00 116-144
20,000 107 046
14,000 102-593
2ft, 500
100-12
10,000 105
100,000 10136
103-44
2 ft, or
11.500 102-&0
5,000 100
1
is-
199. .Hagerstown, Md
252. Hallock, Minn
1*8 Holyoke, Mass
Ohio
148. Hurtcon Co., N. J
148.. Hudson Co., N. J. (2
issues)
4
5
4
413
4
4
313
3ia
98. Iola, K*n. (2 issues).. 5
252.. Iowa City (Iowa) Ind.
Sch Dist
252. Iowa City (Iowa) Ind.
Sch. Dist
4
200...Irvlngton, Ind
5
11920 1930
1905
1904-1908
38,000 111
10,000 106
0-408
*nnn51'
000
5
U02-60
15/00 100
'
1920
19o0
1930
1915
1901-1910
19.0
Dist
200. .Jefferson Co., Ohio
1<9. Juiniijgs Co Ind
149. .Joliet (111.) High 8ch.
,
Dist.
107-386
28,00011100
2,5i».i
105,000 Ifl 00
100
feO.000
U905-1910
65,000 §101-38
16,f 00 §100-75
8,000
109-40
41a
* 9c6
1901-1920
30 000
10,000
13,180
101-50
104-72
102-50
3ia
1905-1914
50,000
104105
1910
4
5
1906-1911
(Mo.) Sch.
149. .Lake Co Tenn
149. .Lbnoacter, N. Y
98. .Lansingburg, N. Y
252. .Laurence Co.. Ohio...
149. .Leominster, Mass
.Lincoln, Neb. (2 issues)
149. .Lincoln
1)7135
St',000
48...Ishpeming(Mich )8ch.
98. .Kirkwood
Dist
115-387
103 07
4
5
Y
40,000
10931
5.90O 104-24
3i«
3ia
313
,
101 01
1902-1907
4
l!-9. Fall
30,000
36,500
7,600
6
4
.
.
105-265
11,500 105 57
125,8 4 10H-345
.
City,
96
100-34
5,000
1,582,0
251. Conneaut, Ohio. .....
5
47. .Cbillicothe. O
4
47. .Chillicothe (O.) Sen..
Home
lOi-.O
§100
D.) Sch.
(S.
2-.1.
200..
101303
90,(00 110
8,000 113-75
15,000 107-51
1901-1915
1920-1923
11920-19^0
102-KO
102-10
105 60
107
17/00 105-36
80,000 10-30
11910-1920
1901 19*0
6
No.30.
193. .BostOD, Mass. (3
19*. .Boston, Mass. (2
,
fity has
re-advertised one of the offerings (namely $521,city lioims) for sale on August l^.but has not again offered the
$->0O,<0 park bonds, bids for which were rejected on July 12. In a
ciroaUr letter under aate of July 30, 1900, Coas. P. S-ilen, City Aud
nor olHiius that as the park bonds have not been issued, ihe, bonds
r " a,H nn An ««8t 13 will, when Bold,
still leave the city $50.-
ooo
5
.
1J>9.
this
*
.Ada, Minn. (2 issues).
.Adams Co. 1ml. (2 iss.)
.Aridystoo, Ohio
.
total
for
city of
iy8.
250.
250.
2 e>0.
198.
147.
19*.
250.
(Wash.)
Son. Disk No. 14....
4
6
31a
4
4
31a
4
U910 1920
11910 1950
1905 19^5
19;0
1904 1903
lfcOa-1910
11910-1919
10 000 102-60
100,000 106
4 .000 100-24
25 000 11103
lO.t 00 103 90
28,500 102 422
100
176,600
I
100-04
Co.
5
i$l,OOOy'rly-1920
20/00 5101*035
—
Bale.
Location.
98. .Little Lake (CaL) Sob.
6
Dint
4*2
200. .Lockland, Ohio
3*a
98 Madison, N. J
200 Madiwonville (TexaB)
6
•*eli. Dlst
3*2
200. .Milwaukee, Wis
Maturity.
Page..
200 Milwaukee, Wis
149. .Morgan Co., Inrl
200. .Mount Pleasant (N. Y.)
Sch. Dist....
Mount Vernon, N.
Y..
$1,500 10«93
10.000 102-2*5
60.000 101 062
905-1 9?0
19O1-1920
3,400 100 c
150,000 l()2- >69
50! 00 102 449
28,000 102-44
3*2
1901-920
4^
1901-1920
4
1925-l c 26
3»*
19-^fi
1927
1947-1948
1905
1901-1914
1902-1909
.
149. .New Castle (Pa.) Sch.
3*2
Dist....
252. .Newman Grove (Neb.)
Poh. Dlst
201. .Newport, R.I
201. .Newport, R. 1
201. .Newport, R. 1
149. .New Rochelle, X. Y...
149. .New Rocneile, N. Y...
149. .Newton, Mass
North Bend, Neb
4
3
5
Sh
.
1901-1914
1901-1910
1910
•1912
1920
t!910-1920
U920-1930
1915
issues)
51. .Winchester, Va
101. .Winona. Minn
255. .Winona,Minn
101. .Wooster, Ohio
101. .Worcester, Mass
101. .Worcester, Mass
101. Worcester, Mass
255. .Xenia. Ohio
255. .Yabima Co. (Wash.)
Sch. Dist. No. 51...
101. .Yonhers, N. Y
101. .Yonkere, N.Y
101. .Yonkers,N.Y.
101. .Youngstown.Ohlo
255. .Youngstown.Ohlo
255. .Youngstown.Ohlo....
59,
>
10-55
These additional loans
adjournment
Be it enacted,
40,000
10191
June
Boston, Mass. Bi I to Limit Debt and Taxation.—The
following bill was passed by the State Legislature before it*
K'311
100 125
the total sales
1900 amount to $19,670,126.
An Act relative
10^-8 6
make
(not including temporary loans) as reported for
105-07
ll«-75
14,000
8,000
will
TiXM
CHAPTER
399.
to the iimit of the municipal debt and the
kate of taxation in the city of boston.
etc.,
as follows:
Section 1. Section one of Chapter three hundred and twelve of the
Acts of the year eighteen hundred and eighty-five is hereby amended
by striking out the tirst four lines of said section and iuserting in
place thereof the words
The taxes assessed on property, exclusive
of the State tax, o »unty tax and sums required by law to be raised on
account of the city debt, shall not exceed in any year in the city of
Boston ten and one-half dollars, and in any other city,— so as to read
a* follows: Section, i. The taxes assessed on property, exclusive of
the State tax, county tax and sums required by law to be raiedon
account of the city debt, shall not exceed in any year in the city of
Boston ten and one-half dollars, and in auy other city twelve dollars,
on every one thousand dollars of the average of the assessors' valua:
1,800 102-91
50,000 101-419
5 ,000 10-527
18,000 11K-57
10*00 103 47
104-.0
35.000 1T100
3,t>00 100-55
45,0'
7,000
10,300
If) ,000
10 i.OOO
50,000
8,000
20,000
3,000
40,500
15.0
12,000
6,000
112.27
107-30
108-54
115-282
109 077
100-187
102-285
H4416
100 12
100
106
tions of the taxable property therein for the preceding three years, the
valuation for each year being Urst reduced by the amount of all abatements allowed thereon previous to the thirty-first day of December in
the y< ar preceding said assessment, and any order or appropriation
requiring a largtr assessment than is herein limited shall be void.
Section 2. Chapter one hundred and seventy-eight- f th»- Acts of the
year eighteen hundred and eighty-five and Chapter two hundred and
eighty one of the Acts of the year eighteen hundred and eighty-seven
are hereby repealed.
Section 3. This Act shall take effect upon its passage. [Approved
June
sb, i goo.]
11910-1920
2,000
100-15
207 900
10021
4
4
1920
1920
tl9K'-1920
1903 1914
1901 1909
1930
1930
1901-1910
5
1904-1910
2,500
4
5
1901-1920
1901
1901-1920
1920
1919
1920
1920
20,0^0
3,500
21,000
70,100
4,000
3,i00
10
7,900
65,000
7,500
18,000
106-23
100
100
101-66
107 08
40,000
5U.000
107-447
106
— At the
22,000
104-032
1901-1904
1901-1920
1910
4
4
"1929"
1901-1920
3^
4
4ifl
11910-915
5
1903-1911
8
U905-1910
1910&1915
6
5
6
5
6
1915
1910
1903-1910
Optional
5%
4
4^
3 *
1
3*e
4
5^
5H
3*8
3**
8*2
3*2
6
tl9f>5-1920
Optional.
19021911
4
203. .Waynesburg, Pa
150. .Waynesburg (Pa.)Soh.
Dist
51. .White Plains, N. Y...
51. .White Plains, N. Y. (3
4,000
60,000
20,000
[Vol.
be seen that the above Act repeals Chapter 178,
of 1885, and Chapter 281, Laws of 1887.
The two
Acts thus repealed are related laws, Cbapter 281 of the
Laws of 1887 merely amending Chapter 178, Laws of 1885, in
one particular. This last statute, however, was an important
one. It was a special Act, placing the limit of indebtedness
of the city of Boston at 2% of the assessor's valuation for the
preceding five years. As the law now passed contains no
reference to the debt limitation, it becomes important to
know whether the city of Boston is any looger subject to
any limitation.
are advised that the effect or" the repeal
is to bring the city of Boston under the provisions of Section
2, Chapter 312, Laws of 1885, which places the debt limitation at 2%% of the average assessors' valuations of the taxable property for the preceding three years, the valnations
for each year being first reduced by abatements. Reference
is made to this chapter in our State and City Supplement
for April, 1900, on page 16.
Chicago, 111.— Bond Election Illegal.— Press dispatches
state that Judge Tnley on Ang. 2, 1900, granted an injunction restraining the issuance of $2,500,000 bonds voted at the
election held April 3, 1900. Wnile a majority of the votes
cast on the bond question was in favor of the is ue, the
proposition did not receive a majority of all the votes cast
at the election, and on this ground the injunction was
granted. See Chronicle July 14 1900.
Detroit, Miun.— Bond Issue Temporarily Enjoined.— A.
temporary injunction has been granted in a suit Drought to
prevent the issuance of the $15,000 5% 15-year gold electriclight bonds advertised for sale on July 21.
3**
100. .Washington
51. .W^useon, O
1910-1932
1»20
U910-1920
,
Port Huron, Mich
19101919
3i«
3*a
,
202. .Portsmouth, Ohio
25*. .Putnam Conn
150. .Rosendale, N. Y
202. .Sao City, Iowa
203. .SlelbyviUe.Ill
150. .Shoshone Co. (Idaho)
8ch. Dist. No. 6
254. .Sisseton.S. Dak
99. .Blayton, Minn
99. .Southern Pines, N.C..
150. .Spencerville, Ohio....
9*. .Spobane, Wash..
laO. .Spokane Co. (Wash.)
Dist. No. 102..
203. .Springfield, 111
254. .Staples, Minn
lf>0. .8tevens Point, Wis...
100. .Sjraouse, N. Y
10o. .Syracuse, N. Y
203. .Thlladega, Ala
203. .Taunton, Mass
100. .Toledo, 0. (4 issues)
203. .Truro (la.) Ind. Soh.
Diet
100. .Tuxedo (N. Y.) Soh.
Dist. No. 6
203. .Utlca, N. Y
150. .Wabpeton, N. Dak
254. .Waltbam, Mass
2f>4. .Wall ham. Mass
254. .Watbam, Mass
254. .Waltham, Mass
51. .Warrun Co., Miss
19'0
1915
1933
19
3\
3^
253. .Norway (Mich) Sch,
6
Diet...
5
149. .Norwalk, Ohio
5
99. .Park Ridge, N.J
6
202 .Passaic Co N.J
4
149. .Paterson, N. J
4
253. .Pemiscot Co. Mo
4
149. .Petoskey, Mioh
202. .Pleasant Ridge, O. (2
5
issues)
202. .Polk Co., Minn.
4*a
5
99. .Pontlao. Mich
6
149. . Port Gibson. Miss
253
U910-1920
5
Price.
Amount.
1P03-1907
1910) 929
1920
tl
201. .Mount Vernon, N. Y.. 4
201. .Mount Vernon, N. Y.. 4
4*3
149. Murpbysboro, 111
4
98. .Newberry, Mich
149
—
THE CHRONICLE.
250
48
—
:
4
4
1930
3»a
4
4
3 1*
4
4
3ia
3^
3^
4
1907
1925
1912-1928
1901
tl90S 1915
1910
1930
1930
1920
1910
6
3ifl
1906-1909
3**
3»«
190*1911
1905
5
5
5
1901-1903
1901-1905
Total (137 municipalities, covering
separate Issues)
101291
00 102-26
10,000 105
12,'
40,000 104-50
8,900 101
18,000 107 04
8,5^0 104-41
15,000 J10311
lf\000 )08-o3
20000 100
8,0>
61,867
106-531
100
H'l 389
100
102-66
103-55
60,' 00 100
40.000 116-666
27,359 10034
9.000
12,000
85,000
54,000
24,'
100
105 05
104-S3
104-83
104-89
106
100
00 102-75
32,000 101-25
7,400 100
01-61
6.250
10,-
00 10405
20' .0
li
9-25
250.000 109 25
30,000 101086
1,500 103-66
31,"00 101-79
30,000 102-20
2,500 101 :-0l
1,425 103 23
1,4(0 103
2,550 103-53
Total bond sales for July 1900
Laws
We
North Carolina.— Constitutional Amendment Voted Upon.
election held August 2 the citizens of this Scate
voted upon an amendment to the State Constitution regulating the qualifications of a voter in the State of North
Carolina. Acci rding to newspaper reports, the amendment
carried by a large majority.
Wallace County, Kan. Notice to the Holders of Funding
Bonds. -The holders of funding bonds of this county issued
some eight or ten years ago are requested to correspond with
Messrs. Kelly, Foote
Co., Topeka, Kan. Interest on these
bonds, it is stated, has been in default for some five years.
&
Bond Proposals and Negotiations
this
week have been as follows
Adams County, Ind.—Bond Sale.— On July
:
27 the $36,611
A.%% gravel-road bonds were awarded to the Old Adams
County Bank of Decatur at 102-10. Following are the bids
Premium
Premium.
Old Adams Co. Bank, Decatur.. $772 00 Feder. Holiman A Co.,Cvocln... 690 00
61000
W. B. Todd & Co.. Cincinnati.... 8 0(0 Spltzer A Co., Toledo
183
Aggregate of sales for which no price has
been reported (28 municipalities, covering 28 separate Issues)
It will
$7,461,543
:
561,700
1$8,023,243
Lamprecht Bros.
W.J. Hayes A 8ou«. Clere
P. S. Briggs
Denison. Prior
&
Co.. Cleve. .. 794 45
Co., Cincinnati... 750 Oo
&
40700
Co., Cleve.... 869 60
Securities mature part each six months for twenty years.
For f nrther da«cription of bonds see Chbonicle July 14, p. 96.
Addyston, Ohio— Bond Sale.— On July 14 the $25,000 At
investment. § And other considerafi Taken by sinking fund as an
20- year sidewalk and $25,000 4£ 30-year street-improvement
tions.
bonds (one- half of each issue to be delivered immediately)
Id the Chronicle of July 7 1900, page 45, a were awarded to W. R. Todd & Co., Cincinnati, at 105'bO
At these prices the bonds will net
list of Jane bond sales amounting to $19,619,826 will and 107, respectively.
3'60^£ and 36 17^ interest. Following are the bids
be found. Since the publication of that statement
$38,000
$26.0'
Sidrw Ik Bonds
Strtet lioniis.
we have received the following additional reports.
$jjh,
Cincinnati
ikiOi
$v.'6,750 00
W.R.Todd A Co..
80.125 00
feasonnood A Mayer, Cincinnati
*5,876 00
Additional June Bond Sales.
2f\875 00
fcfo.ex
60
Feder. Hol/.man Jt Co., Cincinnati
* Average of dates of maturity,
t Subject to call in and alter the
earlier year and mature in the later year. INot including $2J<8,000
of temporary loans reported and which do not belong in the list,
:
Location.
Paae.
97. Coshocton. Ohio
97 Fayette Co.. Ohio
99
Peoria. Ill
99. Peoria, 111
99 Statesboro,
Ga
101. Windsor, Colo
Rate.
Maturity.
6
1901-906
4
6
1901-1904
1902 1910
1912-1905
1005-1W20
1lal0-l9l5
5
5
Total additional sales for June
Amount. Price.
2.K
107-14
105 031
8,200
20,000 100125
12.0oO 100-875
10.000 101
3,000
95
$50,300
W.J.Hayes* Sons. Oiev. land
26,60700
26.800 00
l'0
P. S. Brings A Co., Cincinnati
25,2
26.166 09
H. KleyboJte A Co., Cincinnati
6. 132 00
For desciiption of bonds see Chbonicle June 23, p. 1260.
Anaconda School District No. 10, Deer Lodge County,
Mont.— Bond bate.— On July 28 the $17,(00 5% 10-20-year
(optional) relundinsr bonds were awarded to N. W. Harris &
Co., Chicago, at 105*36 an interest basis of about 4 334£ if
v:
—
:
AUCTOBT
——
—
—
J
:
——
——
THE CHKONICLE.
4, 1900.
251
Cass County, Ind.— Bond Offering.— Proposals will be rebonds are called at their optional date and 4-588# if they are
ceived until 11 A. M., August 6, by J. G Powell, County
allowed to run their full time. Following are the bids
Auditor, for $'95 ^4" 4%<t gravel road honds as follows
$17.426 00
N. W Harris A Co.. Chicago. $17,911 00 C. H. Coffin, Chicago
:
:
I
M
00
Far«»n l,e»':h A Co.. Chic... 17.42S60
00
17,425
Union B'k & Tr. Co.. Helena.
Duko
Karson Chicago
1";.j8">
...
Trowbridge a NiverCo..Cbic. 1735100
|
"onague A Co., K. City. 17,2750'>
W. J. Hayes & Sons, Cleve.. 17,170 00
Apple River (HI.) School District.— Bond Sale.— This
districc has sold an issue of $1,500 5# 2-4-year (serial) school
bonds to the Bank of Apple River. Securities are in denomInterest will be payable
ination of $5*0, dated July 2, 1900.
annually.
Appleton, Swift County, Minn.— Bond Offering,— Proposals will oe received until 8 P. M., August 18, by Edward
Lende, Village Recorder, for $9,000 4%% bonds. Securities
were authoriz-d at the election held July 20, 1900. They are
R. V.
I
Interest will
in denomination of $1,000, dated Sept. 1, 1900.
be payable aniually on Sept. 1 and the principal will mature
$1,000 yearly on M^y 1 from 1902 to 1910, inclusive.
Atlanta Township, Rice County, Kan. Bond S< le.— L. A.
Bigger of Hurcbimon, Kan., has become the purchaser of
$18,000 bonds of this township.
Atlantic City, N. J.— b ond Offering —Proposals will be
Heston, City Comp
received until 12 m., August 27, by A.
troller, for $200,0ou 4% 30 year gold coupon water bonds.
Beaver, Wis.— Bond Election Proposed.— The question of
issuing bonds to tbe amount of $77,120 to refund otheis now
outstanding and $26,000 bonds to take up the floating debt
will probably be tu omitted to a vote of the people at the No-
M
vember
election.
B.lleviiie (N.J.) School District.— Bond Sale.— On July
27 tht $3 50u 4}/2 % gold improvement bonds were awarded to
Co., New York, at 101-50. Following are
Walter S anton
the bids
101-33
10V50 Jno. D. Kveritt A Co.. N. Y
Walter Stanton Co.. N. V
"V T>0
W.J. Hayes A Sons. Cleve
&
I
St,
Townsh'p bonds, in df nominations of $50n and $3' 0.
»'-,3*0 Tiptou T> wusbipbon ts. In denom nations of $f 0» and »S3.
owi ship bonds, in denominai lon» ot ttoo and $832.
ngton
Wash
49,280
28.V<2<- beer Creek Townsbln bono>, in oenomiuaiioi s of $ Oo nnd $.13.
2tf','i20 Clinton Township bonds, in denominations of $500 and $108.
Bonds will be dated Aug. 6, 190U. Interest will be payable May 15 and November 15 at the office of the CouDty
Treasurer. Principal will mature one-fortieth of each issue
each rix month from May 15, 1901, to Nov. 15, 1920, inclusive.
Each bid must be accompanied by a certified check for 3% of
the par value of the bonds, made payable to tbe Board of
Commissioners of Cass County. Eacb bidder must also file
an affidavit that he has not entered into any collusion or
agreement with any person or persons in reference to such
bidding. Proposals are to be made on blank forms, which
$32 000 Jackson
1
'I
be obtained from the County Auditor.
The above offerirjg takes the place of the
on July 24 which was withdrawn.
may
sale advertised
Celina, Ohio. Bids Rejected.— All bids received July 18
for the $i5,H00 3% light-plant bonds were rejected, the highCo., Cincinnati, who offered
est being that of P. S. Briggs
to take the bonds at par le»-s $3,( 00 discount.
Chaves County (P. O. Roswell), N. Mex.— Bond Offering.
Proposals will be received until 1 p. m., August 29, by F. P.
Gayle, Probate Clerk, for $5,(00 Q% 10 20-year (optional)
bonds. Interest on these bonds will be payable semiannuThese bonds to the amount of $4,000 were offered for
ally.
sale on July 21, but the sale was postponed to the date given
above and the amount increased to $5;000.
Cincinnati (Ohio) School District. bends Authorized.
The Board of Education has decided to issue $50,0011 3% school
&
—
—
bonds.
Columbia, Boone County, Mo. Bond Offering.—PropoAugust 7, by the City
be received until 1 P. M
Securities will mature $1,000 in each of the years 1920,
Council— John S. Bicknell, Cleik— for $l«,500 4% 5 15 year
1921 and 1922 and $500 in 1923.
(optional) sewer bonds. Thirty four bonds are in denominaBenton and Inverness Townships, Cheboygan County, tion of $'00 and fifteen of $100 each, all dated Aug. 1, 1900. InMich.— bona Sale.— On July 20 the $8,0* 2 9-year (serial) terest will be payable semi annually at the office of the City
bonds of these townships were awarded to Dcvitt, Tremble Treasurer. A certified check for $500 will be required with
& Co., Chicago, which firm bid on a 5% bond. For descrip- each bid.
tion of bonds see Chronicle July 21, p. 147.
Conneaut, Ohio.— Bond Sale— On July 13 the $3^,500 5*
Birmingham, Ala. Bond Offering.— Proposals will be re- street-improvement borjds were awarded to W. J. Hayes &
ceived until 12 M., August 11, by W. M. Drennen, Mayor, for Sons, Cleveland, at 109 31. For description of bonds see
the $269,000 30 year bonds mentioned in the Chronicle last Chronicle June 30, p. 1303.
Coraopol
Pa.- Bond Sale.— On July 23 the $12,000 4%
week on page 198. Securities are in denomination of $1,000, funding andis, $6,000 4% sewer bonds were awarded to The
dated July 2, 1900. Bidders are requested to bid on 5% bonds, Lamprecht Bros. Co., Cleveland, at 105-57. For lull descripfor which a premium must be offered, or else to name the tion of bonds see Chronicle July 14, p. 97.
Coshocton, Ohio.— Bond Sale.—Oa July 20 the $25,500 4)4%
lowest rate of interest at which they will take the bonds at
1-15-year (serial) street- paving bonds were awarded to a local
par.
bank. For description ol bonds see Chronicle July 14, p. 97.
The official notice of this bond offering will be found among
Cuyahoga Falls, Ohio. Bond Offering. - Proposals will be
received until 12m., August 15, by C. A. Weidoer, Village
the advertisements elsewhere in this Department.
Blai kford County, Ind.— Bond Sale- On J uly 10 $2\015 38 Clerk, for $5,0C0 5% water- woiks bonds. Securities are in
4.%% Hairicon and Washington Township road bonds were denomination of $1,000, dated April 1, 1900. Interest will be
awarded to the Citizens' State Bank of Hartford City at payable semi-annually at the Society lor Savings Bank, Cleve100-34.
Securities are in denominations of $ 21 and $520 42, land. Principal will mature one bond each six months from
dat«-d May 15, 1900.
Inteiest will be pavab-e semi annually April 1,1910, to April 1, 1912, inclusive. Accrued interest
at Winslow, Lanier & Co., New York City.
Principal will must be paid by the purchaser of the bonds.
DangYille. N. Y.— Bond Sale— The $4,000 14-year streetmature $641 42 each tix months, leyinning May 15, 1901.
improvement
bonds offered for sale on July 23 have been
Boise Citj school District No. 30, Ada t ounty, Idaho.—
awarded
to
J. Hayes & Sons, Cleveland, and $9,000 5- 22W.
Bona Suie - Oo July 18 the $5,000
awardgold bonds were
ed to the Capital State Bank of Boise at 100-80 and blank year (serial) water bonds to Geo. C. White Jr., of New York
City. For description of bonds see Chronicle July 21, p.
bonds. Fo lowing are the bids
I
stated was not accompanied by a certified check and therefore
was not consul ered.
*
Bid.
It 1h
sals will
.
H
:
Capital Stat e Bask, Boise.
*
. .
.*$C,040 00
15.055 f0
of Commerce, Boise
Union Bank & i r. Co., Helena.*6,000 00
Bank
i
And
blank bonds.
Secuii, n a luature in five years,
subject to call $1,010 yearly
after two years.
Bristol, R. l.-Fond Sale.-On July 31 the $55,000 3%% 30year sever and $75,0(0 3%% 30- year refunding gtld bands
were awarded to W. J, Hayes
Sons, Boston, at 105-265— an
interest basis of about 3-225#. Following are the bids
W.J. Haras A Sons. Boston.... 105-285 Industrial Tr. Co., Providence.. 103-80
Parkinson A Burr. Boston
104*83
E. H. Kollins & Sons, Boston... 103-291
&
:
Blodget MerrutA Co.. Boston.. U4 51
For description of bonds see Cbronicle July 21, p. 147.
Brook h g» (S. D.) School District.— Bona Sale.— On July
27 the $11,500 5% 10 20-year (optional) bonds were awarded to
Rudolph Kleybolte & Co., Cincinnati, at 105-57— an interest
basis of atiout 4309$ if bonds are redeemed at their optional
date and 4-572* if allowed to run their full time. Following
are the bids
R. Kleybolte & Co., Cincln.... $12,141 00
Minn*
\ Tr. Co.. Miun'lis..* 2.C87 00
First Nat. Bank. Brookings.. $11,710 00
R.V. Montague & Co. K.City. Ii,7o6 00
L. Jones. Madison
12,<>6fl 00
11.025 00
Duke vt. Karson, Chicago
N.
Harris A Co., Cnieago.. 11,99100 Chas. H. Coffin. Chicago.. .. 11.63100
Farson. Leach ACo.,Chic... 11,817 50 C. C. Gowran&Cc.G'd K'rks.*ll,540 70
W.J. Uaje» a, sons. Cleve... 11,800 00 Denison, Prior A Co.. Cleve.. *li,506 00
Jonn
U
W
*
And blank bonds.
For oesci lotion of bonds see Chronicle July 14, p. 96.
Butler (Pa.) School District.— Bond Offering.— Proposals
will be received until August 15 for $40,000 3%% bonds. Securities are in denomination of $1,000, dated August 1, 1900.
Inter* at will be payable semi annually and the principal will
mature as follows
$8,000 August 1, 1910; $13,0u0 August 1,
1920, and $ 9,000 August 1, 1929.
Carbon County, Wyo— Bond So le.- On July 23 $14,400
4%i refunding bonds were awarded to E. H. Rollins & Sons,
Denver, at 101-146. Followirg are the bids
B. H. BoDlne & *ons, Denver.$14.566 ro N.
W. Harris & Co., Chicago. $14,400 CO
Season*., oa a Mayer, in..
J4.482 00
Bonds are dated August 1, 1900.
:
:
l
i
. .
I
148.
Kd wards County, Kan. Bond Sale.— Bonds to the amount
of $15. (00 have been purchased by L. A. Bigger of Hutchinson, Kan.
Elliott, Pa. Bond Sale.— On July 13 this borough sold an
iseue ot $23,0<>0 4% street- improvement bonds to W. R. Williams
Co., Pittsburg, at 103-16. Secuiities are in denomination of $1,000, dated June 1. 19U0. Interest, will be payable
semi annually at the West End Savings Bank, Pittsburg.
Principal will mature $3,000 on June 1, 1910, and $5,000 on
June 1 of each of the years 1915, 1920, 1925 and 1930.
Elyria, Ohio.— Bond Offering —Proposals will be received
until 12m., August 28, for the $300,000 water bonds voted at
the election June 16. W. H. Park is City Clerk.
Ferry County, Wash.— Bond Otfering.— Proposals will be
received until 10
August 11, by the Board of County
Commissioners, for $60,000 10-year funding bonds. Securities are in denomination of $1,000 and the interest will be
payable semi-annually at the State fiscal agency in New York
Citv. S. I. Spiggle is County Auditor.
Fin (11 ay, Ohio.- Bond Sale.— On July 26 the $25,500 3%%
street improvement bonds were awarded to Denison, Prior
Co., Cleveland, at 100 12. For full description of bonds see
&
am,
&
Chronicle July 14, p. 97.
Floyd County, Wa.— Bond Election.— An.
election will be
held in the fall to vote on the question of issuing $50,000
bonds to take up outstanding warrants issued eight years ago
in building the court house and improvements added thereto
since that time. The law requires that in order to authorize
the bonds the votes in favor must be equal in amount to twothirds of the vote cast at the last general election.
Oreene, Iowa.— Bonds Voted.— This place has voted in
favor of issuing bonds for the construction of water works.
Proposals will be
Greene, County, Ohio.— ttona Offering
received until 1 p. m., August 8, by the County Auditor, for
$10,000 5* bonds. Securities are in denomination of $500,
—
—
—
—
:
—
1
THE CHRONICLE.
252
dated August 20, 1900. Interest will be payable semi annu
ally at the office of the County Treasurer. Principal will
mature $2,500 each six months from Sept. 20, 1902, to March
20, 1904, inclusive.
Greenfield,
Ohio.— Bond Sale.— On August
I
the $25 000
.
[Vol. LXXI.
Lee County, Iowa. Bid Rejected.- Only one bid was received on July 18 for the $55(i,000 3^1 refunding bonds of
this county and this bid was rejected by tbr board of Supervisors.
as given in the
full description of these bonds
A
Chronicle June
2, p. 1113.
Lesterville, S. Dak.—Bond Offering.— Proposals will be
4i sewer and street-improvement bonds were awarded to
Feder, Holzman & Co., Cincinnati, at 10055— an interest received until 1 P. M., September 1, by J. J. Wagoer, Town
Clerk, for $2,000 6% bonds. Securities are in denomination of
basis of about 397#. Following are the bids
$500, dated September 1, 1909; interest payable annually on
00
Feder. Holzman & Co.. Cin. .125,188 00 Highland Co. B'k, Greenfield.$25,050
Principal will mature
Seasongood & Mayer. Cincln. 215,100 26 Farson. Leacb & Co., Chic*.. 2p,' 45 00 August 31 at Lesterville State Bank.
Denison. Prior & Co.. Cleve. 25.169 50 W. J. Hayes & Sons, Cleve,. 25,030 00 August 31, 1905.
Lima, Ohio.— Bids Rejected. Following are the bids reFor description of bonds see Chronicle, July 21. p. 148.
ceived
July 30 for the $32,OoO %%% East Market Street paving
Bonds
Sale.—
Bond
Kan.—
Grove" Township, Reno County,
of this township to the amount of $15,000 have been taken by bonds
Atlas Nat. Bank, ClnciD
.132.000 oo
$32,085 00 City Nat. Bank, Lima...
L. A. Bigger of Hutchinson, Kan.
32,000 00
Hallock, Kittson County, Minn.— Bond Sale.— On July 23 First Nat. Bank, Lima
the $15,000 4*4% 20- year water bonds were awarded to StodWe are advised that the bids received for the work of pavdard, Nye & Co., Minneapolis, at par. Securities are in de- ing were rejected and that the same action was therefore
nomination of $1,000 and the interest will be payable semi- taken on the above bids for the bonds. The bonds will be
:
.
.
.
.
—
:
I
annually.
re-advertised,
Hartford (Conn.), Southwest School District.—Descrip-
Bonds.— We
are advised that the $10,000 school-honse
bonds mentioned in the Chronicle July 7 will bear 4% interest, payable in gold on March 1 and September 1 at the ConSafe Deposit Co. of Hartford. Securities
necticut Trust
will be issued in denomination of $500, dated Sent. 1, 1900.
Principal will mature In 25 years, subject to call after 10
years. The date for the sale of these bonds has not yet been
tion of
&
fixed.
Highland (Kansas) School District.—Bond Offering.—
Proposals will be received until Aug. 20 by the Board of
Education for $4,^00 5% gold school-house bonds. Securities
will be in denomination of $500, dated Aug. 21. 1900. Interest will be payable at Highland. Principal will mature $500
yearly from 1901 to 1908, inclusive.
Hillsboro, Texas.— Bonds Defeated.— At the election held
July 24 to vote on the question of issuing $6,000 electriclight-plant bonds, the proposition was defeated by four votes.
Homestead, Pa.— Bond Election.— On September 18 the citizens of this place will vote on the question of issuing $20,000
street improvement bonds.
Homestead (Pa.) School District—Bond Election.—An
election will be held September 18 to vote on the question of
issuing $20,000 bonds for school purposes.
Ilion, N. f. Bond Offering.— Proposals will be received
until 2 p. m., August 15, by C. S. Jepson, Village Treasurer,
for $30,000 4% electric-light bonds. Securities are in denomination of $1,000, dated Aug. 1, 1900. Interest will be payable semi-annually attheliion National Bank. Principal will
mature $1,000 yearly on Aug. 1 from 1901 to 1930, inclusive.
A certified check or bank draft for 10# of the amount bid
will be required with each proposal. Accrued interest must
be paid by the purchaser. These bonds were authorized at
the election held March 6 by a vote of nearly four to one.
Iowa City (Iowa) Independent School District.— Bond
Sale.— The $65,000 5-10-year (optional) school bonds mentioned in the Chronicle July 7 have been awarded to Devitt,
Tremble
Co., Chicago, at 101 38 for 4% bonds. The same
firm has also purchased $16,000 4% refunding bonds at 10075,
they to furnish blank bonds free of charge in both cases.
Irion Comity, Texas.— Bonds Approved. The AttorneyGeneral has approved the $20,500 court-house bonds mentioned in the Chronicle June 23.
Irwin, Fa..— Bonds Voted. At the election held August 1
the proposition to issue $30,000 sewer and street improvement
bonds carried by a vote of 268 to 60.
Jamestown, R. I.— Loan Authorized. The Town Treasurer has been authorized to borrow $L0,000 for two months.
King County (P. 0. Seattle, Wash.) School District No.
1.
Bond Offering, Proposals will be received until 2 p.
m., Aug. 20, by Charles F. Whittlesey, County Treasurer,
for $200,000 bonds. Securities will be issued in denominations of not less than $100 nor more than $1,000, at option of
purchaser. They will be dated $50,000 Nov. 1, 1900; $50,000
Feb. 1, 1901; $50,000 July 1, 1901, and $50,000 Nov. 1, 1901.
Interest, at a rate not exceeding 4%%, will be payable semiannually at the office os the County Treasurer.
Principal
will mature twenty years from date of issue. A deposit of
1 per cent of the par value of the bonds bid for will be required with each bid.
The official notice of this bond offering will be found among
the advertisements elsewhere in this Department.
&
—
—
—
—
Lakeview, Ore.— Bond Sale.— On July 19 the $10,000 6#
10 20-year (optiooal) gold water and electric- light bonds were
awarded to the Bank of Lakeview. For description of bonds
see Chronicle April 21, p. 807.
Lawrence County, Ohio.— Bond Sale.— Oo July 26 the
$10,000 4% turnpike bonds were awarded to the First National
Bank of ronton at 103*90— an interest basis of about 3>4
Following are the bids
%
l
:
First Nat. Bunk. Ironton
Lamprecnt Bros. Co., Clove
]o:riK)
lOVrfH
Feder, Holziuau & (Jo.. Cincin.. 101 "fO
10. »J7
Dentson, Prior & Co., Cleve
10l\>«8
Seasongood & Mayer, Cincln
.
—
1904.
R. Kleybolte & Co.. Cincln
VV. .). Bares & Sons. Cleve
Centerville National Bank
second Nat. Bank, Ironton
nn-65
10V17
l0r02
IO00O
mature $1,C00 each six month?, beerinniner March
For further description of bonds see Chronicle July
Secuiities
1,
.
21, p. 149.
Lncbland School District, Hamilton County, Ohio.—
Bond Offering.—Proposals will be received until 12 M.,
Blackwood, Clerk of the Board of Educa4%% bonds. Securities are issued under
authority of sections 3991, 3992 and 3993, Revised Statutes of
Ohio.
They are in denomination of $100, dated Ojt. 1,
1900.
Interest will be payable semi-annually at the First
National B nk of Lockland. Principal will mature $1,000
yearly on October 1 from 1901 to 1910, inclusive. Bidders
are required to bid unconditionally and must satisfy themProselves as to the legality of the bonds before bidding.
posals must be accompanied by a certified check for $1,000,
drawn in favor of the Board of Education on some bank in
Cincinnati or in Lockland.
Lorain, Ohio.—-Bond Offering. Proposals will be received
until 12 M., August 20, by J. J. Mahony, City Clerk, for
$ 9,000 4% sewer bonds. Securities are in denomination of $500,
dated August 1, 1900. Interest will be payable March 15 and
September 15 at the Chase NaUonal Bank, New York City,
and the principal will mature $2,000 each six months from
March 15, 1901, to March 15, 1905, inclusive. Authority for
the issuance of these bonds will be found in sections 2704,
A deposit of
2705, 2706 and 2708, Revised Statutes of Ohio.
$500 in either money or a certified check on some bank in
Lorain must accompany proposals. Bids must be made on
blank forms furnished by the City Clerk.
Meade Couuty, S. Dak.— Bond Sale. An issue of $7,000
bonds has been purchased by the Permanent School Fund of
South Dakota.
Nelson, British Columbia.— Debenture Offering.—Proposals will be received until 12 m., September 15, by John Houston, Mayor, for the following debentures
August
27. by J.
tion, for $10,000
—
—
:
$16,0'
for extending the water-works system.
me
lft.oOO lor extending
electric light system,
20,<ioo for exteoding the eewer system.
2o,00>) for street improvements.
6,000 for a
road-making plant.
Securities are dated Oct. 1, 1900, and run for twenty years.
Interest will be at the rate of 4%, payable semi-annually at
the Bank of Montreal, Nelson, B. C. The assessed valuation
of Nelson is reported $2,065,000 and the population is estimated at 6,0C0,
Nevada (Mo.) School District.— Bond Sale —This district
has sold to Mason, Lewis & Co., Chicago, an issue of $17,500
4% refunding bonds. Securities are in denomination of $500.
dated July 1, 1900. Interest will be payable semi-annually
Principal
at the Hanover National Bank, New York City.
will mature July 1, 1920.
New Bedford, Mass.—Bond Offering.— It is stated that proposals will be received until 7:30 P. m. August 6, by the City
Treasurer, for $200,000 Z%% 20-year school and $48,000 Z%%
30 year water bonds.
New Haven, Fayette County, Pa.— Bond Offering.—^Proposals will be received until August 6, 1900, by the Town
Council, for $5,000 bonds. Securities are in denomination of
$500. Interest will be payable semi annually and the principal will mature $500 yearly on July 1 from 1902 to 1911, inclusive. The total indebtedness of the borough is $7,051 37
and the valuation of taxable property is $451,866.
Newman Grove (Neb.) School District. Bond Sale. On
July 23 the $1,800 5% 10-year gold school bonds were awarded
to the First National Bank of Fremont at 102 91. The only
other bids received was one from Chas. S. Kidder & Co.,
Chicago, at par and one of 102 made by the First National
—
Bank
of Barnesville, Ohio.
Rochelle, N. Y.— Bond Offering.— Proposals will be
received until 8pm., Aug. 7, by Andrew J. Selz, City Clerk,
for the following securities
New
$34,778 94 3)4% sewer bonds, in denomination of $1,000, except one bond which
Securities are issued under authority of
will be lor I1.778 94.
Secton 200, Chapter 128, Laws of 1889, and will mature $2,000
j early, beginning Aug. 1, nun.
00 3>^% bonds in denomination of * 1,000. Securities are issued under
authority of Section 871&. Chapter 449. Laws of luOO.aud will mature »2,0\>O yearly, beginning Aug I, 1910,
40
21 889
6% sewer cortiticai ea of indebtedness, in denomination of $1,000, except one certificate, WDlOb will oe for $1,389 4'. Securities are
lamed under authority of Section 209, Chauter l2->. Laws ot 1899.
Principal of these oerl itioates is subject to call at any time.
5n, 000
All the above securities are dated Aug. 1, 1900. Interest
will be payable semi-annually. A ceitihed check for 81,000
must accompany proposals for each of the above issues.
New Whutcoiu ( w ash.) School District.— Bonds Voted.—
School bonds to the amount of $30,000 were authorized at
the election held July 28.
——
:
August
4
,
:
THE CHRONICLE.
1900.]
Norfolk, Va.— bond Offering.— Pioposals will be received
until 12 m., Aug. 10, 1900, by H. 8. Herman, City Treasurer,
for $270,000 4% 30 *ear coupon bonds issued for the following
purposes
refundii g bonds will be in denomination of $1,000 and
the street and school bonds $500 each, all dated Sept. 1, 1900.
certiInterest will be payable semi annually in Norfolk.
The
A
check for 1 per cent of the par value of the bonds bid
for, payable to H. S. Herman, City Treasurer, must accompany proposals. Upon notification of award the successful
bidder will be required to make a further deposit of 4% of the
par value of the bonds, and upon these deposits the city will
allow 4% interest until the delivery of the bonds.
The official notice of this bond offering will be found among
the advertisements elsewhere in this Department.
Norway (Mich.) School District.— .Bond Sate.—This district has sold an issue of $7 000 6# 1 14-year (serial) bonds to
fied
Hayes
&
Sons, Cleveland, at 112*27. Securities are
in denomination of $500, dated March 1, 1900.
Interest will
be payable semi-annually.
J.
253
ceed 4?) will be pa v able February 1 and August 1 at the District Treasurer's ( ffice or other convenient place to be designated by the purchaser. Accrued interest from August 1 to
be added to the price offered. Principal will mature on
$1,000 in 1901, $2,000 in 1902 and $3,000
August 1 as follows
Proposals must be accompanied by cash or certified
in 1903.
check for $500, payable to the District Treasurer. The school
district comprises the whole town of Pelbam and the official
circular states that it has no bonded indebtedness at present.
The assessed valuation is $2,067,407. S. Gregoor is District
Clerk.
Pemiscot County. Mo.— Bond Sale.— On July 28 the $8,000
10 20 year (optional) jail bonds were awarded to Trowbridge
& Niver Co. Chicago, at 100-187 for 4% bonds. Following
are the bids
:
$20,000 for school,p"rposes in Bramb'eton Ward.
50.00" for the inrtirovemfnt of streets.
2oO,OUO to ref una bonds maturing Sept. 1, 1900.
W.
—
:
O'Fallon (111.) School District— Bonds Voted.- At an
—
—
Ottawa County, ¥ an. Bond Sale. L. A. Bigger, Hutchinson, has purchased an issue of $76,000 bonds of this county.
Pel ham (N. Y.) Union Free School District No. l.—Jttond
Offering.- Proposals will be received until 7:30 P. M., Aug. 7,
by the Board of Education, for $6,000 registered school-house
improvement bonds. Securities were authorized at an election held Jnlv 10; they are in denomination of $1,000, dated
August 1, 1900. Interest (to be named by bidder, not to ex-
NEW
•1300,000
'For b% Bonds (Cont.)
Fn r i% Bonds.
Trowbridge & Niver Co., Chic. $8,015 00 John Nuveen & Co.. Chicago... t8,325 00
G.M. Rrtnkerhoft. 8pr'gtleld... 8.<i67 60
For iH* B-'TWJj".
f,25l 00
Trowbridge 4 Niver Co.. Chic. 8,337;. 00 Chas. H. Coffin. CbiCHgo
Gaylor-d. Bl«sslne &Co.. St. L. 8.200OO
for 5% Bonos.
8.2UOOO
Little* Hays Inv. Co.. St. L... 8,710 CO W.R.Taylor. Farmington
Donaldson Bond & Stock Co.,
Trowbridae * Niver Co.. Chic. 8,601
St. Louis
8,160 00
Devitt, Tremble & Co Chic. 8,600 00
h.410 00 H. Russell. Denver
8.060 00
J. Haves * Sons, Cleve
00
8,360
James G. Cahlll, St. Louis
'
,
W
.
Securities are dated July 1, 1900. and the interest will be
payable semi-annually.
Pittsfleld, Mass. Bond Offering. Proposals will be received until 3 P. M., August 10, by E. H. Kennedy, City
Treasurer, for $118,000 %%% gold school bonds. Securities
are issued under authority of Chapter 163, Laws of 1900.
They are in denomination of $1,000, dated August 15, 1900.
Interest will be payable semiannually at the National Bank
of Redemption, Boston. Principal will mature $4,000 on
August 15, 1901, and $6,000 yearly on August 1 from 1902 to
—
election held July 28 the issuance of $10,000 5% school-house
bonds was authorized. Securities will mature $1,000 in five
years and $3,000 in ten, fifteen and twenty years.
Oklahoma City, Okla. Bonds Votea. At the election
held July 24 the propositions to issue $100,000 water, $30,000
city-building and $20,000 sewer bonds were favorably voted
upon.
,
1920, inclusive.
The
official
notice of this
bond
NEW
LOANS.
of Norfolk, Va., Kins:
30TEAR H COUPON BONDS,
$1,000 AND 8500 EACH.
The City of Galveston offers for sale Three Hun$270,000 Due SEPTEMBER 1st. 1930.
dredThousand i$3oo.oo") Dollars 5 per cent twenty- Interest Payable March 1st and Sept. 1st.
OF
14, 1900.
forty sewerage bonds of the denomination of $1,000
each.dated AugU3tl,1899. Interest coupons are made
payable semi annually in New Yoik or Galveston
at option of holder.
These bonds have been approved by the A ttorney- General and registered bv
the Comptroller of the State of Texas.
suit was
brought to enjoin their sale and delivery and to
have them canceled, and the Supreme Court of the
State of Texas has recently and finally decided the
case, sustaining the val idity of the bonds. This renders them very desirable, as their legality cannot
now be questioned. Sealed proposals for the purchase of the above bonds for cash will be opened
A
by tbe Major and Committee on Finance and Revenue of the City of Galveston at noon on Wednesday. August 15, 1900. Each bid must be accompanied by a certified check for $5,000 as a guaranty
of good faith, o be returned if the bid is not accepted, and the sale must be lully closed up and the
entire amount paid within not more than 15 days
SEALED PROPOSALS
office
until
will
be received at the
CITY TRKASURElt of Norfolk, Va.
12 o'clock M., FRIDAY, AUGUST 10th, 1900
of the
FOUR (i%) per cent semi-annual Thirty
year Coupon Bonds, issued for the following
purposes:
For the purchase of property to be used for
public school purposes in Brambleton
for $270,000
(30)
Ward
$20,000
For improving
streets
and to meet certain
appropriations
50,000
For the purpose of redeeming Bonds maturing Sept.
1st, 1900
200,000
Total
$270,000
Bids may be for the whole or part of the said
Bonds, and must state price and accrued interest.
Bends issued in denominations of $600 for $70,000
and $1,000 for $200,000, and all dated September
•.
t
after the acceptance of the bid. The right is reserved
to reject aiy a* d all bids. Proposals should be en
dorsed: "Bids for Sewerage Bonds," and addressed
to
THEO. K. THOMPSON.
City Auditor,
Galveston, Texas.
$18,500
MILTON, PENN.,
SCHOOL DISTRICT SCHOOL BONDS.
The President and Secretary of the Board of
School Directors of the Borough of Milton, Penna„
Invite sealed propos-ils for
EIGHTEEN THOUSAN D
FIVE HUNDRED DOLLARS
Coupon Bonds bearing
4jt
of School District
interest, payable *emtState tax. Denomina-
annually. Purchaser to pay
tion $600. Suoject to call at the option of the
Board of School Directors. $1,000 matures January
1st, 1902, and $i,m
on January 1st of each year following. The right is reserved to reject any or all
1st, 1900.
Bonds and
interest payable in Norfolk.
Proposals will be received until 7 P. M.
15tb, 1900.
certified cheek payable to the
President for 5* of the amount bid lor must accompany all proposals.
A
Attest:
WILLIAM
B.
C.
BUDD CANNON, Secretary.
DICKBRMAW,
President.
Washington,
County,
SCHOOL BONDS.
Notice is hereby given that School District No. 1,
King County, State of Washington, oilers for sale coupon bonds of said district
to the amount of two hundred thousand ($200,000)
dollars, said bonds to be of the denomination of no
less than one hundred dollars each nor more than
one thousand dollars each, at the option of the purchaser, and to be payable twenty years after date at
the office of the Treasurer of King County, State of
Washington, or at the office of the fiscal agency of
the State of Washington in the City of New York,
n the State of New York, at the option of the purchaser, the interest to be paid semi-annually, and
evidenced by coupons payable at the said Treasurer's office or at eaid fiscal agency at the option
of toe purchaser.
Sealed bids for the purchase of said bonds will be
received by the County Treasurer of King County,
State of Washington, up to O'clock P. M. on Monday. August 20th. 1900, at the office of the said
County Treasurer, in the City of Seattle, State of
Washington, at which time said bids will be considered as required by law.
Bidders must specify flat price for bonds with accrued interest from September 1, 1900. Delivery
will be made by Board of Directors in sums of
in the City of Seattle,
't
bonds to be issued as coupon bonds, but purchasers to have privilege of having same registered.
Bidder* to enclose checkfor l percent of par value
of amount bid for. Immediately upon notification
of allotment a further deposit of four per cent of $50,000 as follows: $60,000 November 1, 1900,
$50,000 July 1, 1901, and
$50,000 February 1, 1901
par value of amount allotted shall be made.
Four (4) per cent interest will be allowed successful $50,000 November 1, 1901.
All persons bidding for said bonds except the
bidders on the five (5) per cent paid in, from time of
receipt of the four (4) per cent until bonds are State of Washington are required to deposit with
the said County Treasurer one (1) per cent of the
ready to be delivered.
The remainder of the purchase money to be paid par value of the bonds when depositing with said
immediately after purchasers are notified that bonds Treasurer their bids.
No commission will be allowed on the sale Of said
are ready for delivery.
Checks to be drawn on some State or National bonds. The directors reserve the right to reject
Bank, certified and made pavable to order of H. S' any and all bils.
Dated at Seattle, Washington, July 17tb, 1900,
Herman, City Treasurer of the City of Norfolk, Va.
CHARLES F. WHITTLESEY,
The right is resreved to reject any or all bids.
As Treasurer of King County. Washington.
NATHANIEL BEAMAN,
Chairman Finance Committee Common Council.
CHARLES H. CONSOLVO.
E.
Chairman Finance Committee Select Council.
All
;
H.
Teste :-
H.
S.
HERMAN,
City Treasurer.
proposals.
August
LOANS.
$200,000
City of Galveston, Tex., City
Galveston, Tex., July
among
Port Huron, Mich.— Bond Sale.— On July 20 $6,000 4%
building bonds were awarded to Farson, L>ach & Co., Chicago, at 104 "291— an interest basis of about SA8i%. Following are the bids
S^70,000
SEWERAGE BONDS.
offering will be found
the advertisements elsewhere in this Department.
CLINTON GILBERT,
2 Wall Street,
New
BANK AND TRUST
CO.
York.
STOCKS.
INVESTMENT SECURITIES.
ROLLINS & SONS,
BANKERS.
Bonds for
Permanent Investment
19 Milk Street,
Denver.
BOSTON.
San Francisco.
—
:
THE CHRONICLE.
264
W
Farson, Leach & Co., Chica«o..$6,267 50
6.1P1 oo
OenlB.n., Prior & Co.. Cleve
Soutar. atrt.. Pt Htnvn.. 6,160 26
Ge-. W. Meore. cashier, Pt.
6.10600
Huron.
J.
Bayes A
«nna. Cleve.
..
Kane
&
>
Sewer and Water Commissioners, H. F. Thomas, Clerk, will
issue of i>i5,sell at public auction at 11 a. m., August 15, an
are issued
Securities
bonds.
extension
000 4* water and sewer
under authority of Chapter 721, Laws of 1900. They are in
denomination of $500. Interest will be payable March 1 and
S ptember 1 at the Citizens' National Bank, Saratoga Springs.
Principal will mature $5,< 00 yearly on September 1 from
1902 to 1906, inclusive. E*cb bidder will be required to
make a deposit in cash of 2% of the amount of the bid.
Sisseton, S Dak.-Bond Sale.-Oa July 27 the $15,000 6*
are the bids
Accrued
Interest,
I
Co., Minneapolis.. .-*tnV60 00
H. ^°ffln. « b caso...... 16 161 OO
C C. Gowran A Co..U'd Forks.*i5,lte 00
and blank bonds free of charge to the town.
mature $8,(00 on August
1915. For further description
August
1,
iclb July 21,
1910,
1,
LOANS.
$1 18,000
105*0J
]04*81
1' 4*835
14*35
Estabro<.k& Co. Boston
E H. Rollins & Sous. Boston
R. L. Day * Co.. Boston
Jose, Parker & Co Boeton
W. J. Hayes & Sons. Boston
Blake Bros. & Co.. Bos. on
Adams & Co.. B.> ton
C. S. Cummtngs & Co., Boston
104HO
104*80
I"4*7e67
104*597
104*66
104*545
104-68
10**14
103*79
101-6-67
104*327
104*^96
104*546
104*63
PRINCIPAL AND INTEREST PAYABLE FURNISHED FOR THB PCRCHA8B, SALE OB
RXCHANOE OF ABOVK SECURITIES.
IN GOLD.
L.I8T8 ON APPLICATION.
omcs of tub City Treasurer,
,
i!
N.
W. HARRIS &
BA
MASSAC
SI
demption,
in
>
The
right is reserved to reject any or all bids.
may be obtained of the undersigned, to whom proposals should be addressed,
indorsed, "Proposals for School Bonds."
K. H. KENNEDY, City Treasurer.
High
City of Birmingham,Ala.
BONDS.
The City ef Birmingham, Ala., will receive sealed
bids for $269,0 of b >nds of said City, in denominations of $1, O each, dated July 2, 1900, and running
30 years, principal and interest payable in gold.
Bids to be placed in the hands of tbe undersigned
by 12 o'clock n<-on on August llth, 1900, at which
time the same will be opened and acted on. Bidders
are requested to make offers for bonds bearing 6 per
cent Interest, in which event a premium must be
offered: or the bidders must name the lowest rate of
interest e will take n a par valuation of the bonds.
The right to reject all bids is expressly reserved.
Adore s bids to tLe undersigned and for further
information write to the undersigned.
<
W. M. DRKNNKN, Mayor,
Birmingham, Ala.
July
31. 190*.
104*:
14*897
97
101*6048
101*646
104*53
104*11
1c8*79
101*56
104'546
104--8
Io4*o8
1l8*79
10379
NKERS,
Grade
§
Bonds.
LISTS.
Exchange Place, Boston.
121 Euclid Avenue, Cleveland.
Investment Securities
FOR
SAVINGS BANKS and TRUST FUNDS
6*
WE OFFER
BONDS A SPECIALTY.
EDW. C. JONES
NBW YORK.
PHILA.,
-
-
A
^50,000
CO.,
ThirtyYear!4 Per Cent Funding Bonds
NASSAU STREET.
-
1
-
112 SO.
FOURTH
ST.
ADAMS & COMPANY,
BANKERS,
of
PORTSMOUTH,
R0SENBERGER & UVERM0RE.
Specialist* in
DEALERS IN
31
INVESTMENT BONDS.
Members of Boston StockSBxchange.
No. 7 Congress and 31 State Streets,
BOSTON.
MASON, LEWIS &
CO.,
MUNICIPAL
RAILROAD
CORPORATION
Choice
00 DcTon.hlre
& NIVER CO.,
MUNICIPAL BONDS,
Bank
CHICAGO.
First National
*-*'
I
sues.
Street Railway and Gas Companies
LIST ON APPLICATION.
BIdg.,
MUNICI PAL BOND8.
St.
BONDS.
»^ * w
New York.
TROWBRIDGE
BOSTON,
Uonadnook Building.
Wriien
Southern and
Bonds,
Nassau Street,
BANKERS
CHICAGO,
VA.
Legal opinion and price furnished.
>
>
10-.-.9KI
1'4*(>8
SEND FOR
ST. (Bank of Commerce Bids.
Further information
$269,000
104W
10r738
14 80
DEALERS IV
CO.,
Boston. Mass.
If deeired, Registered bonds may be issued in sums
of $l,ooo or $6,o0. each, at the option of the holder.
10»*89
104"8«
1"4*786
104*8*
104 1667
OENISON, PRIOR & CO.
1
interest payable in gold coin of the present standard
of weight and fineness, at the National Bank of Re-
Water
Bond*.
nd«.
104-8
INVESTMENTS.
INVESTMENTS.
Government and
Municipal Bonds
City of Pittsfield, Mass.,
BOUGHT AND SOLD.
3M* SCHOOL BONDS.
APPRAISEMENTS MADB OR QUOTATIONS
Pittsfield, Mass July 27, 1900.
Pursuant to order o the City Council, approved
by the Mayor July 11, 1900. and under authority
granted by Chanter 163 of the Acts of the General
Court of Massachusetts for the year lHW.the undersigned. Treasurer of the City of Pittsfield, will receive until Friday, August 10, 1900, at 3 P. M.
sealed proposals f er the whole or any part of One
hundred and eighteen $l,0< Coupon Bonds.
Said bonds wiU be dated August 15, noO, to be
payable as tollows: $4,i 00 on the 15th day of August, 1901, and $6,000 on the 5th day of August in
each year thereafter, to and including the 15th day
of August, l92o, to bear interest at the rate of 3%
per cent per annum, payable semi-annually on the
16th days of February and August.
Principal and
B
Bnruit.
104**3
10»*86
Blodget, Merritf& Co., Boston
Parkinson & Burr, Boston
N. W.Harris & Co.. New York..
$10,000
1, 1900, as are $3,000
of the drainage bond*: tbe $4,000 drainage bonds due in 1919
are dated July 1, 1899. The water bonds are dated April 1,
Chron
p. 150.
NEW
$9,000
Druinngt
Tbe Fcbool bonds are dated July
and $7,000
of bonds see
$4,000
Drainage
Bonis.
Kane A
Securities
9,00*
:
$70,000
School
water bonds were awarded to Jefferson & Kasson, St. Paul,
Folat 103-11 and blank bonds free of charge to the town.
bids
the
lowing are
M
bonds)
,
•
Trowbridge & MverCof.C hlc.*16,466 Ou
Chas. H. Coffin (for 6«* bon««)..«9,15«
Denis, n, Prior & Oo. Hot 6J£$
—
semi-annually. Principal will mature August 20, 1930.
Board of
Sarat. ea Springs, N. Y.—Bond Offering. -The
Cbas
$9,125
9.4*7
9.100
—
Rockford, 111 .— Temporary Loan—This city has borrowed
temporarily the sum ol $38,000 from local parties.
Council
Salt 1 ake City, VUb.-Bonds Authorized.- £he
s^&u,tne
ot
issuance
the
has passed an ordinance authorizing
becurl16.
held
July
election
the
at
000 water bonds voted
dated August
ties will be in denominations of $500 and $1,000,
exceeding
4*. payable
not
rate
a
Interest will be at
20, 1900.
I
Co. (for i]4% bonds)
For description of bonds see Chronicle July 14, p. 99.
Summit, N. 3.— Bonds Voted.— At tne election ht-ld July
31, $130,(00 sewer and $10,000 fire department bonds were
authorized by a vote of lb3 for to 33 against.
Topeka, Kan. Bonds Authorized.— The City Council has
authorized the issuance of $31,^82 96 5% paving boDds.
Union Township, Rice County, Kan.— Bond Sale. Bondi
to the amount ot $18,000 have been sold to L. A. Bigger,
Hutchinson, Kan.
Taldota, Ha.— Bond Offering.— Proposals will be received
until 12 M., Aug. 15, by C. R. Ashley, Mayor, for the $25,000
5g 3 >-year gold sanitary sewerage bonds, vott-d at the election held June 18. Securities are in denomination of $500.
Interest will be payable Jan. 1 and July 1.
Wakefield, Mass.— Bonds Authorized. At a special town
meeting held Julv 30 it was voted to issue $25i ,000 sewer,
$15,000 school and $15 000 fire station bonds.
Waltham, Mass.— Bond Sale.— On July 30 Blodget, Merritt & Co., Boston, were awarded $70,000 8%i school bonds
maturing July 1, 1920; $4,000 %%% drainage bonds maturing
July 1, 1919; $3,000 3}4% drainage bonds maturing Jaly 1,
1920, and $10,000 3^$ water bonds maturing April I, 1920,
at 105-05, 104-83, 10483 and 104-89, respectively. Following
,
Jefferson* Kasson. 8t Paul*$16,46fl 50
16.526 00
Ouie
I arson, Chicago
&.
W. J. Hayes A Sons (for 6* b'ds)
Commercial Hank (for b% bonds)
bid of $6,200 was received from Rudolph Kleybolte
Co., Cincinnati, after the bids bad been opened.
July 1,
Securities are dated July 1, 1900, and will mature
Hanover
the
at
annually
semi
Interest will be payable
1910.
,
National Bank, New York City.
Putnam, Conn.-Bond Sale.-ThiB city has sold aVprivate
sale to D.nison, Prior & Co., Boston, an issue of $10,000 6%%
street-improvement bonds at 105. Securities mature July 1,
1929
A
[Toi« lxxi.
Staples, Minn.— Bond Sale.— On July 21 the $9,000 30 year
bonds were awarded to Kane & Co., Minneapolis, at 101*384
for 4%% bonds. Fol'owing are the bids
f 6,131 00
Seasoneood A Mayer. Cincm.. e,09616
A. I'. Bennett, cashier. Port o,f oo
oo
.
H uron
E. J. 8cho'6iciraft. Port Huron. 6,1 00 00
.
Wm
*
:
John
Nuveen
&
Co.,
INVESTMENT BANKERS,
1st
National
Rank Building,
ChlcJigo.
Correspond en oe solicited.
Reference, Fxrit
Natumal Rank, Okitngc
——
August
:
THE CHK0N1CLE.
4, 1900.J
Jose Parker
Interest will be payable semi-annually at the Boston
Trust Co., Boston. They are all in denomiDeposit
Safe
nation of $1,000.
Wapakonetu, Ohio.— Bond Offering.— Proposals will be
received until 12 M., August la, by Joseph Myers, Village
Clerk, for the following bonds
$14 600 4% Amelaieo Street improvement bonds, in denomination of 1730.
36,'2UO_4* West Auglaize Street improvement bonds, in denomination of 91,310.
1900.
E.
&
Uay 4
li.
255
* Co.. Boston.. $6n.7l 4 00
Co., Montreal... 60,676 00
I
Farson. Leach
&
York dehveiy>
|
(New
Co.
$60.1:600
be noticed that the firms bidding for the above
securities are all United States bouses, the firm of E. H. Gay
& Co. of Boston, New York and Philadelphia having recently
opened a branch in Montreal.
Winona, Minn.— Certificate Sale,— This city on July 5,
It will
:
1900, sold to local investors $7,400 4% certificates of indebtedness. These certificates are part of an issue of $20,000 in anticipation of special assessments made for thecoustrnctionof
Sewer System No. 2 in Sewer District No. 2. The remaining
$12.6(0 will be issued from time to time as the money may be
needed. The certificates are in denomination of $200, dated
Julv 5, 1900. Principal will mature July 5, 1901.
Xenia, Ohio.— Bond Sale.— On July 27 the $30,000 4% 20Co.,
year sewer bonds were awarded to Farsm, L'-ach
Chicago, at 101 '086— an interest basis of about 3-92j^. Fol-
securities are issued under authority of sections
2705, Revised Statutes of Ohio. They are
Interest will be payable semi-annually
dated Aug 1, 19t0
at the office of the Village Treasurer. Principal of eacb
issue will mature one bond each six months from Feb. 1,
Separate bids must be made
1901, to Ang. I, 1910, inclusive.
for each issue, and each must be accompanied by cash to
to the amount of $1,000. Each bid must be unconditional, the
bidder having satisfied himself as to the legality of the
bonds before bidding. Accrued interest must be paid by
Tbe above
1263, 2264
:
and
&
lowing are the bids
Farson. Leacb & Co.. Chic... $30,326 00 Lamprecht Bros. Co.. Cleve.. $30,160 00
K0.105 50
8 Kubna Sons. Cincinnati.. 80,.il5o<i P. h. Brlges & Co.. Cincln
S0."26 00
New 1st Nat. B'k.Columous *0,8*6 75 N. W Barns & Co.. t hie
30.225
tO
W.
Cleve.
J.
Hayes
Sons,
Cleve.
Prior
Co..
4
&
30,607 60
Denison,
Securities are in denomination of $500; iatereit will be
pavable semi annuallv.
Yakima Couuty ( Wash.) School District No. 51.— Bond
Sale.— Od Jaly 27 the $1,500 10 year bonds were awarded to
Wm. D Perkins of Seattle at 103 66 for 6< bonds. The following bids, all for 6£ bonds, were received for the securiI
the successful bidder.
Watertown, Mass. Bond Offering,— Proposals will be received until 3 p. M., August 9, by Chas. W.Stone, Town
Treasurer, for $2 »,000 3%% coupon notes. Securities are dated
July 1, 19(0, and will mature July 1,1910. Interest will be
payable semi annually.
Waynesburg, Pa.— Bids.— Following are the bids received
July 14 for the $18 000 4% bonds of this borough :
Farson. Leach & Co., N. Y... $19,274 40
Lamprecht Bros. Co.. Cleve. 18.243 80
J. Hayes A Sons. Cleve.... 19,168 u*
W.
I
Denison. Prior & Co.. Cleve. .$19 116 60
Farmers' 4 Drov. Nat. Bank. 19,u05 00
Citizens' National Bank
I*,0u0
stated last week, bonds
Co., New York, at 107 08.
Bond Offering.— Proposals
Wavnesville, Ohio.
ties
received until Aug. 18 for the $22,000 water and $8,000 electriclight plant bonds, mentioned in the Chronicle July 21
Securities are in denomination of $500, dated July 18, 19 0. Interest will be payable March 1 and Sept. 1 at the WaynesPrincipal will mature in 1925, subject
ville National Bank.
to call after 1905.
.
Co.,
MUNICIPAL
AND OTHER HIGH-GRADE
BONDS.
Cleveland, Ohio,
197 Superior Street.
-
BASTBRN BRANCH:
New York
City.
58 Broadway
All securities having a Cleveland market bought
and sold.
LAMPRECHT BROTHERS
Olney
A Co
& Burkhard
$1,616
1,510
$2,660
Sewer Bd$.
Oradiim Bonds.
$i,44aoo
$2,63100
2.M500
1,435 00
1.427 70
t,r%33V
8,66600
1,40000
For description of bonds see Chronicle July
14, p. 101.
^jynscELj-^
MISCELLANEOUS.
London and Paris Geo. D. Cook Company,
INVESTMENT SECURITIES.
Exchange, Ld
,
Bankers and Exchange A gents.
HEAD OFFICE:
24 Throgmorton St., London, E.
C.
Business undertaken in all Securities
quoted on the London and Continental
Exchanges.
CORRESPONDENCE RE TERMS
CO.,
Sc
Spokane
Firemen's Pension Fund
Crogban Bank & -avines Co., Fremont
R. Mc< urdy, YouTigslown
Lamprecht Bros Co,, Cleveland
:
Bros.
E. Bell.
R. V. Montague
$1.5S5
1,636
1,631
,
:
July 20 the |6J,000 4% 50 year debentures, bearing date Aug.
1, 1900, were awarded to Jose, Parker & Co., Boston, at
101 -19. Following are the bids
The Lamprecht
. .
$1,400
Winnipeg (Man.) School District.— Debenture Sale.— On
INVESTMENTS.
|
AH bidders off -red to furnish blank bonds free of charge.
For description of bonds see Chronicle July 21, p. 151.
Youngstowo, Ohio.— Bond Sale.— On July 30 the $1,400 5%
grading bonds were awarded to the Firemen's Pension Fund
at 103 and the $2 550 5% se*er bonds to the Crognao. B*nk &
Savings Co., Fremont, at 103-53. Following are the bids
be
will
I
Perkins, Seattle
H. B. Noble
W.
.
.
:
Wm. D.
>
were awarded to Farson, Leach
As
&
|
I
INVlThD.
Members New Y»rk and Chicago Stock Exchanges.
238-240 La Salle Street,
CHICAGO.
New York Office, 52
Broadway.
MUNICIPAL BONDS
S%
Securities Netting from
to «£
ALWAYS ON HAND.
Blodget, Merritt
&
Bend for our Investment
Co.>
BANKERS
16
DEALERS
Congress Street, Boston.
15 Wall Street,
Mew York.
Whann &
Charles
MUNICIPAL
DUKE
BROADWAY
71
•
[Menbers American Bankers' Ass'n.J
Commercial Paper, Mortgage Loans,
Local Stocks and Real Estate.
Act aa agents for non-resident property owners and
investors.
T\ B. POTTER,
MUNICIPAL and oriKinc
oUNUb,
CORPORATION
CHICAGO,
-
-
ILLS.
Banker,
15 Dearborn «ir««i
BANKS^
RAILROAD
Canal Bank,
NEW ORLEANS, LA.
NEW YORK.
(Successor of N. O. Canal
& Banking Co.*
CAPITAL, 81.UUU.UU0.
F.
R.
FULTON & CO.,
171
la salle street,
C HICA GO.
J. C.
MORRIS,
James
N.
Brown &
President.
EDWARD TOBY, Vice President.
EDGAR NOTT, Oasbier.
Correspondents — National Ciiy Bank, Nationai
Bank
ol
Commerce, New Yerk
;
Boatmen's Bank, St.
Merchant,
Louis. N. W. National Bank. Chicago
National Bank, Boston.
....
PROFITS,
Co., SURPLUS AND
Bankers, 62 Cedar Street,
-
81,000,000
8300,000
Transacts a General Banking and Foreign Exchange
Business. Collections receive Special Attention.
DEALERS IN
OFFICERS
BlGBLOW, Pres't.
Wm. Bigelow, V.-Prest.
F. J. Kip», Cashier.
Camp, Aes't Caakier.
F. Q.
T. E.
Investment Bonds and Stocks
San Francisco.
UNLISTED SECURITIES.
LIST ON AP PLICATION.
MUNICIPAL BONOS.
E. C.
121
STANWOOD &
Co.,
BANKERS,
Devonshire Street-
BOSTON.
;
FIRST NATIONAL BANK
OF MILWAUKEE.
CAPITAL,
HIGH-GRADE
172 Washington Street,
1
{1HIOAR4.
Municipal Bonds,
DEALERS IN
FARSON.
IN
BANKERS AND BROKERS,
DULUTH, MINN.
M.
Municipal Bonds.
SECURITIES.
STATE, CITT & RAILROAD BONIH
A.R.Macfarlane&Co.
and
Co.,
Circular-
WM. FRANKLIN
HALL, The
Accountant,
ng
B
a
EX
53 StKe Streit
Books audited.
'
BOSTON, MASS
Examinations and investiga-
tions conducted with the utmost
care and efficiency.
First National
Bank
OF SAN FRANCISCO, CAL.
UNITED STATES DEPOSITARY.
Surplus, 81.000,000
Capital, 81, 500,000
OHsbieT.
S. G. Mt'RPHY, President. Jas. K. Lvnch.
James Mopfttt, V. Pres. J. K. MoFPlTT. AsslXaslu
I
General Banking Business. Accoucta Solicited.
Commercial and Travelers* Credits issued, availa-
ble In all parts of the world.
:
THE CHRONICLE.
256
^Bankers and JBtroUers ©tit uf
Hew
ffork.
CHICAGO.
CHICAGO.
PHILADELPHIA.
Edward
Schwartz, Dupee
& Co.,
&
Bartlett, Frazier
Mew
CHICAGO.
CHICAGO.
New
Co.,
PHILADELPHIA.
WESTERN UNION BUILDINQ,
-
&
Smith
BOURSE BUILDING.
STOCKS AND GRAIN.
9 Board of Trade*
Street,
B.
BANKERS AND BROKERS,
Co.,
Stocks, Grain and Provisions,
7
LX2I
[Vol.
Members
Phila.
and New zone stock Exchanges.
W.
E.
&
Clark
Co.,
BANKERS AND BROKERS.
York.
No. 139 South Fourth
PHILADELPHIA.
PRIVATE WIRES.
St.,
Allow
Transact a general bankii g business.
terest
EDWIN L. LOBDELL,
Stocks and Bonds,
Members of the Philadelphia and New York Stock
Exchanges, and connected by priv te wire with New
York.
Co.,
BANKERS AND BROKERS,
MEMBER NEW YORK STOCK EXCHANGE.
CHICAGO STOCK EXCHANGE.
G. Hopper,
h. 8 Hopper,
Members of Philadelphia Stock Exchange.
W.
Wm.
LA SALLE STREET,
CHICAGO, ILL.
115-117
C HIC AGO, ILL..
••The Rookery,"
&
A. O. Slaughter
In-
on deposits.
G. Hopper
Co.,
6c
STOCK AND BOND BROKERS,
Members New York Stock Exchange, Chicago
Stock Exchange and Chicago Board of Trade.
28 Sonth Third Street, Philadelphia.
Investments receive onr special attention. Information cheerfully furnis'ied regarding present
holdings or proposed investments.
PITTSBURG.
CINCINNATI.
W.
E.
&
Hutton
Sproul & Co.,
PITTSBURG, PA.
Co., Henry
CINCINNATI, OHIO.
MEMBERS
DIAL IN
Barney & Smith 6% Bonds,
Columbus By. Co. Stocks.
AND ALL ISSUES
Columbus St. By. Bonds.
Irwin, Ballmann
NEW YOBK
&
Co.,
Brokers and Dealer* In
37 East Third
St.,
Cincinnati, Ohio.
&
Seasongood
S.
W,
Mayer,
Corner Third and Walnut Streets,
CINCINNATI, OHIO.
MUNICIPAL BONDS.
City, County, Town and School Bonds
Issued in leading prosperous Stales of the Union,
especially adapted r< r safe and permanent investment ior Estates and Trust Funds.
High -Grade
Members Philadelphia Stock Exchange-
PHILADELPHIA /
Stock
CHICAGO
f Exchanges.
PITTSBURG
)
AND
CHICAGO BOARD OF TRADE.
Cincinnati Bonds and Stocks,
&
SOUTHERN.
William Wilson & Sons,
Wilson, Colston & Co..
Exceptional
Hinby
St. Goab,
Edward Pollixj
Members Stock and Bond Exchange.
403 California
Street,
SAN FRANCISCO. CAL.
Ladd
&
Til ton,
Stephenson,
Members N. Y. Stock Exchange.
UENERAL BANKING, COLLECTIONS,
PORTLAND, OREGON.
ESTABLISHED IN 1859.
Transact a General Banking Businens.
Collections Given Special Attention.
ST. LOUIS.
Whitaker
&
chaklbs Hodoman.
Richardson
Company
of Philadelphia.
310 Chestnut
St.,
Pald-Up Capital,
•
Philadelphia.
-
8800,000
This Company undertakes the negotiation and
issue of loans and capital of Companies on the New
Fork or Philadelphia Market and will make ad
Tanceenpon approved Coiporate, Personal or Ileal
Estate oecurlty.
Under Its oharter rights it will act as Trustee
Agent or Manager for the control of corporation*
or for the construction of public or private works.
1860.
Correspondence solicited and information tarnished about Southern Si ate. Municipal and Railroad Investment Securities.
Reference— Bank of New York. N. B. A.
BOND AND STOCK BROKERS,
IfttrattctaX
Investment
Davenport & Co.,
BANKERS AND BROKERS,
RICHMOND, VIRGINIA.
Hodgman, Mottu, de Witt
300 North Fourth
&
Co.,
Bankers and Brokers,
Street,
&
NORFOLK, VA.
SOUTHERN INVESTMENTS.
Clark,
BANKERS,
25 Exchange Street. Providence, R.
I.
Transact a general banking business.
Bonds,
Stocks and Local Securities.
Commercial Paper
bought and sold on commission. Private wires to
New York, Boston and Philadelphia.
A. G. Becker
TA.
York.
KSTABLISHBD
ST. LOUTS.
The
RICHMOND,
Southern Securities,
Virginia-Carolina Chemical Co. Stock.
REFERENCE—Mechanics' Natunal Bank, New
INVESTMENTS.
Edwards Whitakeb.
classes of
Securities
Boiling,
BANKER,
FOURTH AVENUE.
BANKERS,
all
Collateral
Wyndham
1871.
T. Mellon & Sons' Bank,
Edward Pollitz & Co.,
PITTSBURG, PA.
STOCK AND BOND BROKERS,
Hawaiian Sugar Stocks a Specialty
dealings in
Loans on
negotiated.
PITTSBURG, PA
Oldest Pittsburg
facilities for
Southern Bonds.
Bank of New York, N. B. A.
First National Bank of Philadelphia.
No. 209
reel, Baltimore.
Investment and Miscellaneous Securities a specialty, and whole issues handled
CORRESPONDENTS
&
Co.,
BANKERS,
216 East Baltimore S
PITTSBURG, PA.
Whitney
&
Members of Baltimore Stock Exchange,
BANKERS,
ESTABLISHED
Established 1808.
"
1967.
Wilson, Colston
Sons,
BANKERS AND BROKERS,
PACIFIC COAST.
BANKERS AND BROKERS,
104 SOUTH FOURTH STREET,
PHILADELPHIA.
)
N. Holmes
John H. McQuillen &Co.
&
Co.,
[INCORPORATED.]
COMMERCIAL PAPER,
199 La Salle Street, Chicago, I1L
John W. Dickey,
BROKER,
AUGUSTA, GA.
SOUTHERN SECURITIES.
Greater Seaboard Securities
DKALT
GEO.
N.
IN
BY
MACKENZIE &
CO.,
BANKERS AND BHOKEttS,
300 Water St., Baltimore, Md.
@FedFRASER