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5 . 1 TV Ml* <• 7 1 I 1 ; 1 ' Financial | Dmmenrial| Entered according to Act of Concrre9s, In the year 1005. by Wrt,LiA\r B. D vva CoMPAVr, the otlioe of Librarian of ConeTftas, Washington, D. In SATURDAY. AUGUST 5 1905. NO. CLEARINGS— WEEK ENDING JULY CLEARINGS—EOR JULY 1905 AND 190-1. VOL. AM) 1906 1004. 1005. ii. / I York 6.839.032, 552 Philadelphia.. Pittsburgh Baltimore. Buflolo D4S.44U.0UI 21 1.230.5118,728 , 88,638,342 Washington Albanv 19,824.7 19,811.516 14,714 314 Kochester Scranton Syracuse 8.38 6,7 5.252.08' Wilmington Beading Wilkes Uarre... Wheelli g Blngimniton Greensburg Chester Erie Franklin Frederick Total Middle. Boston Providence Harttord New Haven Sprlngiield 6,005.7 1;- 8.61 1.910.333 1,9 2,. Jl 8,607 80.278.800 14.lU.73lj 10.4. .4 +-7 7,809,5% 03.981 18.628 2.093.2* Lowell 8,027,181 Bedford... 8,293,465 Holyoke l.!*'.',44- 4.500.54-- Grand Rapids.. Dayton Evans ville Akron 8.948.50* 7.177.6;i 7,381.046 2.352.100 3,346.330 8,764,821 8.075.6»o 2,471,460 1,739.140 Spring-Held. Ul.. Youngstown.. .. Kalamazoo Lexington Canton Bocktord 2.210.07' Ohio Bioomlngton QulncT Decatur Bpringlleld. 1.652,808 1,568.531 1,412.544 1.266.511 1.469.790 1.101.238 Mansfield Jacksonville. 111. Jackson. Mich... 970,70* 472.039 Ann Arbor 86.570,487 20,115.328 +13 2 13.200.600 4-13*8 13.443,827 11,047,926 15,037,472 6,486,667 5,150,023 1 m 31.473416 1,737.3i.j + 145 13,835,007 fl-6 6.770,05. 4,00.' 441 —4-3 +4-0 + 51-5 +2> 60,601.360,241 40.043,728,050 547,646,32 20.555,700 13.192.341 9.980.702 6,546,509 + 17-0 4,417,046.122 3.771.199,003 4-17-1 213.153,600 201.622,400 +6-0 97,493,492 82,550.92-, +18-1 00,0 17,630 68,658,541 +12-C 12-11 51,487,531: 45.913,600 45,491,505 ..4 080,257 4-30-1J 10-1 48,544.341 41,084,710 13"6 21,087,280 24.400,619 13,751,802 13,486,847 -hl-9 10,584,200 16-3 14,265,140 14,208.155 14,0.10.598 +1-7 MIT Cleveland +9-5 +152 -t-10-i 4-10-4 4-20-6 +21-4 +4-1 +06 -32 +311 +15* -I-34-4 +4 — 112 2.762.073 2,203,685 -211 1,941.747 -t-13-e 1,890,676 -l*t 1,376,224 +136 1,081,969 - -30-2 1,104.220 --I49 783.310 --90 1 834.40S +32'U 908.953 +7-5 883.619 +22-1: Detroit + + + + + «»£!!:::::: — - +0S 1 Louis urleans.... New 76.101 7 i. a LoulsvlUe 19,168 Houston 22.1 'lalveston 4-64*6 14.64 19.852.732 S.vannah emphls 18347.000 Atlan'a. NashTii'e... II. -6-. 015 13,827 12.54 10.* Norfolk Fort Worth Birmingham Knoxrtlie. 10.2i "' T20-1 5,07 .. " '.21 5.1 4,11 J.i7l..;*l 1.514.**.' l.'V .... Jacksonville. Fla Total 8outh.. Total all. S4.762 •• *to —1-4 4-7V9 +51:, +3.9 + 189 45, 11.247 29.2 34.4 18-2 *t 14. — .r* 88.99 . 11,0 84 571 81- +414 +2T1 343. viol 271914 29u,88t 295 O0O 261,220 230,047 175,000 209,332 260.000 174,013 Seattle Salt Lake City Portland. 91,041 78 562 256,510,428 33,500.571 'lacoma.. Helena Cargo Sioux Falls Minneapolis Omaha St. Paul St. Joseph.. Denver Des Moines Sioux City Wichita. Colorado Springs Oedar Haplds Kremont Total other West'rn -t. I...IIIS New "rleans 3.022,6'..: 'oil - —6-0 + 13-2 +26-0 + 195 -1. 562,1 t-14-7 +422 +7-0 +5-0 —32-0 —30-7 +7-3 — 28'8 -20 5 --41-3 - --135 5 --33 2 --11-7 +17-1 &05112 520,012 384 090 331.427 364,211 220.196 304.2: * 827.222 170,878 193.609 183.209 67,663 in to tal. in to tal. i +150 --21-t 233,172.687 29.814 180 5.213.960 4.510.293 2,788.070 22tf.960.130 +4-0 441.52-1 +340 315.505 221 830 25.616.502 3.804.275 3.442.007 8,574,905 2,819.615 1.412.160 1.271.463 559.700 852,616 226,539 --08 2 --93 5 -00 5 - --42 2,668.961 2,050.770 1.604.828 --36* --75'5 +35 5 49,060 500 42,770,062 18,167,788 11,414 789 3,930,5'.3 +40-0 +50 21,258,572 10.931.104 7,010,601 5,882,901 4,100.550 4,221.019 1,505,754 —58-7 875,171 1,152.721 1,614.513 642.5 12 900.957 673.140 991,711 426,50b 678,207 1,047,18 445,22513.81250 5308,401 332 1-i +02* + 11-- + /,-:- 764.405 470.668 000,000 139,051 120.112 +24-1 +20-. 58,780,71: 43.391,04 56,780.017 41,303.250 +59 +0 10,575,5-..- 0,87". 171 9 508 183 41,051.72* 10,088 001 6,836, 16t 4 801,787 k 00 1,828,60 2.3*7. .101 II 14,868 1,18 1 1,700,001 1 90 7 0,507,71. , 5.777,03 0, is 2.726. 5oi 4.288.18; 8.131,87 f-87-1 4-311 2.0.'. 3,575.913 ..615 ' 518 2.2' K : -11 1,88 1,711 1.7 1.306 1,868 53 1 '.".1 It'll ' 1,1 871 .757 --70. 698,16 --I.V 7 Charleston 1 a). + 52-:, 2.561,117 i 31 + 10 7 3.6'..- OOI 1 600.00' +54-.- 50.454.91' :., 6.392.642 4.015.813 3,806,361 1.788.765 1,151,883 1,171,273 .681 1 ill 10 . 5.924409 666,77 i Not Include •: 1,841 +0 6 +5-1 +3 . 4): lllO Aomista Little Hock 1 -r-38 +00-- 70.060,525 52,541,4010,00 -i,ii. 10,239 834 1.2 — 134,351 4.21 1". 51. 806.24 B.71 16 ,91 801 81 1 - -22-7 - 1,010 -20-. 11 5-1 1, . .. 1,0 .:..! 661 , ..InniOus, (Ja. 964 Total Southern 117,570.701 Total all 82276,11 7.250 Outside New Vi.rk.. 67. H 514 :.'... 32*. ••,..... 305 , 1 16- 846 38-1 1 in f lal. 85.4* . 1.775.5 . 7 15.201 7*4 Table (Irarlui* br Telegra»k and Canadian lr.nin«» ,>Hgri 33U Condition ot National llanki May '29, 1903. on I'm e .VV2. I 1,737.414 1,568.859 1,001,514 655. ..00 558.55* 556,234 669,998 401.595 408.932 423 105 327,74s 304,8*2 803,270 272.808 210.230 209.980 173.157 70,386 —3-* -16-6 133.207.201 152,985.008 18,252,550 15.101.042 10,087,402 6,147,563 5,370.179 3,014,200 8,177.557 2,404.002 1,701,706 1,416.144 857.503 560,000 651.393 500 831 4-22-1 4-14-4 2.5 Ille 2,401439 + 28-. —40 4 872,488 349.991 18,610.247 13,230.755 5.702,871 5.051,011 8.124.120 8 515,18.896.871 2.31 }07i ISIrnilngham 4,015.500 3,084.420 803.1190 46.635.411 6.640,50 rth 15.22s, -.'ill 9,271,377 6.075,221 6.355.541 4-41-i 1.400,439 1,305.573 824,816 22,730.771 15,143,000 9,398,605 0,266.915 4,313.489 5.536, 1-L 1,030.088 •l.i Memphis A tlu ota 5,337,700 2 510.108 1,040,800 1.408,348 03,471,027 .,.:!>-: Hlchmond. Sovannsb 130,4*5 07i 151 370.308 21,503,850 +io-* +01 600.683 051 117,528,644 227. -50 Mobile ; + 11-0 I 651.373 378.785 237 314 unooga :l\Tl2| 5 — 12-0 5.195,67" 3.56*. 765 2,257,007 2.433.483 2,000,00. 1.750.960 8.737.311 6.932,288 i .11 ville 5 —21 +18-2 +21-7 Macon 10,ea4,40H,az.i 15 +7-0 27,543,363 1,403,66.-. 30 7,661, Topeka Davenport 1 t- — 180 221.942.008 3,454,155 2.724.297 3,083,971 083,167 504,876 Spokane 14.4' 5il.*77.*Oi Onuide N. y -26 +40 4*0.484 321.144 1.314.215 1 240.007 1,374.103 500.871 400,30V 300.251 589.707 --Kit 177,871 150,6*2 Not incluoe 305,428 Not include Total Mid. Western ! rancisco 71.: - 070,31'.' San +210 136, 19 144,61 86,6 10 75.412.71 1.481,032 Wayne is-' 4.001.22J *.* 4-7-7 —5-4 +0-1 00,114.422 +15-1 142,692.425 86,616.611 6.7n ;.6i- r Chsrleston Beaumont ISO.780.16i ou Augu.'a Utile Hock Macon. Chattanooga 0*o 1,574.710,240 514,252,461 575.3:4.750 352.372.170 888.025.172 18 ,0s4.136 170.91 145,6-2.000 119,80 1. 000. 301. +20- 18,4( . 57.500 Richmond 201.908,10 + 12-1 68,139,789 +50-1 46,565.708 +5-3 2 301 350 2,214.690 South Bend + 1 Peoria Fort + + 6,195,84-. 3.700,000 8.243,517 2,003 040 1,7*0,76* 2.485.203 1,220,793 634,690 523.445 441.161 011,550 6 9,711 513,000 477,101 300,469 Decatur — 2-4 408,0111 4.060.75'. O +9-( +15-0 820.05 408.101 5.780.007 Bloomington 0O3.7.-5 315. ,.00 453.301 2,107.02' 2.023.011 4. 202,000 Oumcy 558.718 058.40* --45-1 --27-I --15-4 India'apolis Springfield. 13.064.557 12,038,676 12,200.582 9,983,006 8,221,712 5.743,015 16-8 6.550.591 6.345,767 +S-1 2.741,850 +23-6 818.377 + 12-* + 109-1 114.682.84J 5.875,801 445 000 741.67S 17.183,2.87 +3-7 +22-1 1.133 840 335 1,181.14:: 16,238,421' 4-19-8 17-4 +-30-4 120.421,199 Canton Kockiord —5'4 +204 111,051.380 5.153,200 2.0:o,8*0 1,743,886 1.230.00* 1,055,889 1 384,838 580,17* 144,303 412 24,122,450 12,208,020 9.001.005 5,406,143 4i2,140 3o5.*74 512 05. 284,585 1 1 —1-7 140.100.039 47*, 141 047,44'. t 1.477.217.129 185.179.206 42.123.o70 20.4;:.' 401 22.131. '.72 6,004,381 3.155.283 3,222.40* 3.406.021 3.H01.656 2.87-1. '-'57 2.310.35; 2.5*0.009 1 425., 3 1,275 807 1,05 7.500 1,202,187 1.32O.I20 1,470,451 +314 175.800,255 21,234,0.0 13.688,060 11,155,718 7,032,516 Youngstown Kalamazoo t 104.0-15 Columbus. Toledo Grand Hapids Dayton 1002. 1,232.400.734 2.2 lo 032 1,430 074 1,*: 1",02* 1,340,681 Milwaukee 15.23o.064 11,360,15* 12,602.44* 10.581. 131 9.204.596 9.537.241 7,052,496 6,878.540 3,387.673 tk 1,010,011,03' 131,488.388 7.028.90C 3,018 35S Total New England Chicago 5,088,737.774 5,060,307,102 704.022,900 708,956,900 444,752,740 306,30 1, 113 329,137,337 292,007,558 240,214.138 225.52-.603 102,321,070 179,555,340 150.770,300 187,561,200 113,926,635 91,683,000 87,782,359 76,752,230 60.841,428 56,000,005 49,422.940 50,873,290 47,672.446 39,460.653 15,428,300 17,062,700 23.604,434 21,038.467 18.53s.393 16,7 78,03t 23,782,162 21.232,686 19,948,576 20,667,568 + . Lowell +12 3 .. 1903. 104.338,631 45.911,39; 4-87-4 -f-31 29. .240.005.36!- +9-; +38 1905 29, 1902. 408.006 453.52407.102 100.163 47 7.271 440,240 449.553 391,446 Lii.ciunati 13-3 . spnimtield 5,004.9*9,091 1.304,637,040 -10 +201 1 4-15*1 137.263 420,915 101.005 Boston Providence -t-lo-o 1.1.6,307.093 1.067.O96.705 -HO'* 8,309,910,300 7,498,623.116 10-8 147,700.59V 183,352.201 1,003,611,602 850.773.51 --130 42, 76:1.584 27,095,844 +o7 o 269.058,067 195.702,604 --37 5 Seattle 27.720.111 17.834,039 +55-4 157,164 481 118,380,41" - -32-8 Bait Lake City... 17.906.779 12,862.635 +39* 105.898,917 83,708,704 --26 4 Portland 18.353,750 13.240.443 +380 123,360,910 96,774,610 --27 5 Spokane 13.065,602 9,529.819 -r-37-3 85,517,243 65,495,27* - -30-8 13.567 574 lacoma 7,652,587 +77 3 67,610,211 58,506,04* --497 Hel»n&. 3.165.964 2,932.345 +' 19,341,958 17,975,980 +7-0 19-2 Fargo 2.132.558 1.789.260 15,581,00 13,151.822 1S.5 Sioux Falls 1.1*8,429 1.050.669 +13M 7,937,079 7,422,881 +6 9 Total Pactflc... 287.5W0.U50 217.340,476 1-3 2 3 1,876.101.555 1,507,061,801 +244 Kansas City 96,908.321 69,503,800 +30M 653,306.135 585,535,255 +1T6 12-5 Minneapolis 68.63' >.**• 55.681,614 450, 697,470 15-5 398,195,216 Omaha 88.55 2-. 5 18.2 +35-1 250,402,98: 10-6 226,412,510 St. Paul 27.350.630 25,390,350 +7-7 180,637,14.170.138,037 +62 St. Joseph 18.295.192 14.736,261 +•241 136 946,985 136,626,860 +0-2 Denver 25,a«w,42* 16.940.424 1-527 183,27 0,030 ] 24,004,010 +478 De« Moines 11.3OO000 8.744,70* +2W2 77,511.1(57 67,261,720 + 152 6.798.701 4,216 815 +612 49,167,249 36,506,200 4-84-8 992,492 3.699,i>7o +489 27,893,190 86,898,590 +7 7 Davenport, 3.432.547 3.651.242 -3 3 20.141,113 26.241.045 4 Wlctnta 5,09 4,078.763 -I-24-9 32.0*4,070 31.930.805 -ado Spring.0.330 2.157.0L, -f-39'5 20.370.17. 14.859.911 +87-1 Cedar Haplds.... 2,0 1,792,070 +13 e 15.000,880 18.002,218 4-15-8 93 !.-<•. 1 Fremont |454"8 6,372 031, 5.221.64 4-82-0 To. other 5.361 108,741 +260 2,119,213,4.,! 1,863.886.034 137 Bt. Franklin Pa Total Middle + + — + 0.918.593 +O0 2.839,702 +5-4 1.954,167 +3-7 1,739,92* +31-1 2.336.619 —14-8 Total M. West. Ban Francisco... Los Angeles Kne "5 tR3 + 10 5.721.03; +20-3 2.93-5,074 Wliee.inu +99 14.222.10:. + 23-0 704.475.097 113.647.05o 50,140,940 45,055,167 30,4-2,719 87,684,116 17,754,200 13.761,157 9.077.252 8.597,205 6,798.401 5.593,007 2.429,800 2.907,780 2.057.324 11.0-1.7-;. 32.074.04- 89,014,81 B 22, 06,', 14,904.6011 670,88: 101,865 950 68,997,813 49.32 35,102.929 30,516,460 19,6"4. 700 16.618.3 Toledo Peoria —1-1 +5-3 34.415.570 32,539,900 6,083,009.530 701. '.'47. 2. Columbus +10 991,023 Cincinnati Indianapolis + 4.818,031 +51 13-4 3,879,96' 2,941,043 -HT* 1,843,701 4-35't 1,784,846 +9-1 -18*6 2,415. .0 8,098,459 t-iu-i +38-4 +31-7 1 + — Chicago Detroit 169.909.950 +23-4 + + 025.426,281 Cleveland 1, Philadelphia 1,1.0,150.151 4-2V9 14-4 706. 100.771' 018.082.849 193.27; 105 183.414,908 + 5-4 14S.256.519 19-7 1*3,806,735 121. 097,045 107.129.2113-il 85.621.71Vi 4-88-0 110,750,011 5... 332.683 58,858,061 +0-JI 37 773.382 +14-0 43,278,597 04, 15 1,-7. 729,512,04? Milwaukee 3 934,513,980 20.145.204 +9-; 17,686,60) r-13"0 19'4 16,176,368 1-2 14.8U4.434 7.668,322 +5-4 5.405.565 f-84-3 89,84 • 7.-25, V24.3M" Worcester Portland Total N. Eng. +84 Dec. * * t.402,125,71f 1,059 864.530 121,011, 9*f 91,880.382 48.114.531 89 00.1,0*7 18. 3OO.70' 20,509,691 6.228,80! 5,697,1 .:;-8.080,405 4,800.54 4,195,351 3,052,071 811'. 8,007 2.213.473 1,50". 16 1,088,710 058.007 1,168,798 993,48" 1,186,616 1.085.492 1,125,481 . l.o.l .o?l 845,69s 043.121 513 558 3-0.100 800,801 406,731 575,000 327.504 376,581 New York + 56 5 176.875.8M 4-194 1.436.014.681 0.-0. 863 Fall ttiver New % 53 •28.688,862 3 1,828,656,931 inc. «' 1004 1906. Dee. A?\D July tik eiutvny it Clearing! at 1004 1906. lee. + 3.2 71.20. Mentha. 1904, 1903 — 01 + 31-7 5,191, ALSO SAME WEEK IN 1904. Hcun July Clearings at New 2093. 81. ALSO SINCE JAMJARS O anil 5717 - 11, 1 THE CHRONICLE- 523 Great Thursday. everywhere expressed as Probably they tions. tinued war The body of mankind impulse of the great first A closer observation that view. Japan has peace. shows the moral weakness of contest by been driven into this Peace or con- urge the saciifice of every demand is to to secure found needful almost is the delibera- result of to the will be prolonged. the issue. is uncertainty encroachments the fighting for her life as a and nation, has that effort in the $2,151,032, $1,050,549 has been gratifying exhibit and cal no small part due in methods pursued efficient We road. is to the Thia economi- in the operation of the observe, for instance, that the freight trains earned $1 83 per mile run the last twelve months, as against only $1 77 the previous twelve months, and that the average train-load was raised from 224 229 to tons. of She has been Japan. that threatened the existence of Out of $1,180,400. appropriated for improvements and betterments. Those encroachments at length reached a point Russia. The previous year the excess was only for the dividend. peace conference between Russia and Japan next opens Vol. lxxxi. $2,151,032 surplus income in excess of the requirement THE FINANCIAL SITUATION. The I In whatever direction one looks, one meets with dences of an trade. and prosperous active evi- of general Railroad earnings are one indication of this, re- state and out of every position in turns of bank clearings another, while dwindling records Manchuria Korea which endangered of mercantile failures tell an equally eloquent story of and Southern Japan's safety. Moreover, the places held by Russia at the encouraging business conditions. According to the comstart and which she has lost did not belong to her but pilations prepared by R. G. Dun & Co., the number of driven Russia mainly to the sea oil China and were unlawfully taken possession of by Russia against the united voice of all the worlds' Powers. July 1905 was only 780, as compared with 1,107 insolvencies in July 1904 and 915 China was in indifferent to the while loss, other nations mercantile failures July 1903. in In amount of liabilities represented by stood idly by, unwilling to risk the complications which the disasters, the comparison forcing Russia to desist in her work of occupation would defaulted indebtedness footing up only $0,148,930 in the seemingly Under such circumstances eutail. Now was accomplished. dictate of common peace that the steal the cry, every is sense and justice requires such an end to the struggle as will cover Japan's expenses of the war month is the present year, against $8,812,097 in responding month last year and no in the more favorable, the yet same month of 1903. It less is the cor- than $10,751,245 necessary to go back recurrence of the situation she has, single handed, deliv- 1901 to find a July with fewer suspensions, while the amount involved, it is stated, was smaller this year than any year since the records have been compiled in this ered herself from. form, with the single exception of 1899. she has been forced into, and prevent any possible Avill to Bank A preliminary income statement of the Southern Rail- way Company for the year ending June 30 1905 has been issued the present week, and tention anew to the prosperity road system the which Our enjoying. is entirely familiar with it serves to direct at- important this rail- readers, of course, are great success which has at- tended the operation of these lines since their reorgan- that they show that business is, — same effect and growing in clearings furnish testimony to the active is According to the figures compiled by us, the aggregate of the bank exchanges at the various clearing volume. country was no less than 10,804 houses throughout the million dollars in July 1905, against 8,074 million dollars in July 1904, an expansion of over 2o per cent. Stock speculation, at least on the New York Stock Ex- ization in 1894, but with each succeeding year there are change, was more active this year in July than last year, manifold evidences of further progress aud development, but that that has been by no means the only or the chief making the record The remark factor in the enlarged results for the year- the fact that outside still more noteworthy. applies with particular force just passed. On to the top of the large gains previously made, was a further increase volume of cleanugs, is evident from New York the increase, while New York included, yet reaches of not so large as with sum almost 10 per cent. It may be urged that compariof $3,035,331, bringing the total up to $48,145,108— son is with diminished totals in 1904, both outside these figures covering only the Southern Railway system of New York and for the country as a whole. This is itself, not any of the allied properties like the Alabama true, but the significant fact is that the 1905 gain far exthere in gross earnings in the Great Southern, the Cincinnati Pacific, the Central of New Orleans Georgia Railway, etc. & Texas Of course the large cotton crop raised last season in the South was a favoring influence with the road, and so was the re- and steel trades, though this last presumably did not become much of a feature in the traffic of the system until the last six months of the fiscal year. Expenses were added to in a liberal way, consuming nearly two million dollars of the gain in gross, but this still left an improvement in net earnings in the sum of $1,008,283, which was further added to iu the sum of $217,059 by an increase in the income from investments and other sources. As against this improvement of vival in the iron In other words, the 1905 totals are much the largest ever recorded for the month of July. Thus, outside of New York the volume of exchanges at ceeds the 1904 compares with 3,480 millions in July 1904, 3,790 millions in 1903 and 3,577 4,025 millions Hence there was again in the the millions in 1902. ing is comes present year With New York included the showyear's gain closely analogous. In that case this after a loss in both 1904 and 1903, but both combined. In brief, it exceeds aggregate clearings for 1905 were 10,804 millions, as against 8,074 millions, 9,708 millions and 10,171 millions, respectively, in July ot the three years preceding. With regard $1,285,942 in net income, the increase in charges was only $314,710. loss. amount re- ing on to railroad earnings, to in the transportation world know what is go- one needs only consult maining over and above the fixed charges of almost a full the statement issued the present week for the month of million dollars that is, the surplus above charges in the June by that typical and representative railroad system late year was $5,151,G32, as against $4,180,400 in 1903representative of the country's industries we mean — The — per cent dividends on the the Pennsylvania Railroad. $00,000,000 preferred stock was only $3,000,000, showing burgh and Erie an increase 04. call for the five On is the lines east of Pitts- reported as compared with — - THE ATTG. 5 1905.] the same mouth last year in the sum of $1,690,200 with 8775,500 on the lines directly operated west ot Pittsburgh and Erie, making $2,465,700 together, Let the reader ponder what this means ot a further increase an increase of, roughly, 2\ million dollars lor a single mouth on one large railroad system. Nor does this cover even the whole ol that system, for it does not include a considerable number of lines controlled by the Pennsylvania Railroad but separately operated. In the matter of net earnings the showing is somewhat augmented expenses having consumed more than the whole of the gain in gross, leaving $46,000 loss in net on the Eastern lines and $94,100 loss on the Western different, That lines. fact, however, signifies nothing. indicative ot the policy pursued in the merely management Pennsylvania In the case cf the this property. It is 529 OiraONTCLE. ot Rail- reflect, among note cific payment other items, the $2,762,0 lor San Francisco $122,000 and hence ot from hither transfer the IS, of a Central Pa- New to Orleans $25,000. oi The market for money on call was a shade more active early this week in consequence of operations incident to the August settlements and also to the above-noted payment on Central Pacific account. The fractionally hig'nor however, tended rates then recorded, and the market ings, grew later to increased offer- Money on easier. call, representing bankers' balances, loaned on the Stock Ex' change during the week at 2§ per cent and at 1$ per cent, averaging 2J per cent; banks loaned at 2£ per cent trust companies, for the reason as- minimum, but as the On Monday signed last week, were out of the market. amounts are all the time being spent for im- loans were at 2^ per cent and at 1| per cent, with the provement and betterments and charged toexpeuses; bulk of the business at 2 per cent. On Tuesday transbut when traffic and earning-? are expanding the disposi- actions were at 2% per cent and at 2 per cent, with the tion to earry on work of this description is allowed majority at 2\ per cent. On Wednesday loans were at 2£ in a pretty per cent and at 1£ per cent, with the bulk of the business free play, and hence expenses run up When business reverses come then curtail- at 2 per cent. On Thursday and on Friday transrapid way. ment is again practiced. Indeed the result the present actions were at 2 per cent and at 1% per cent, road, large - year in the matter of expenses In last year. June the 11)04 just the reverse of that is road had suffered a amount re- with the majority were freely per cent. Time without much business, 2 at. offered, contracts except over-the-year maturities, and rates on good mixed were per for cent sixty and Stock Exchange then reduced expenses in still 2% attention only for wish direct to one cent ninety days, for four, We to per 34 3 $1,851,100. 3^3^ c ®3£ Commercial paper was other tact, namely that while this year's gain in gross for five and 3f for six months. duction in gross receipts in of §1,621,800, but it for larger amount, namely by amount earnings follows a loss in gross last year, the the present increase (for the combined exceeds by lines) In the following we $840,900 the 1904 compare the cross and net earnings falling off. for the last six years lines Erie the only portion of the system for which — operated east good demand at in day endorsed changed at 2£ per ol 1905. Ptttxl Net earntnss 1903. 1904. June. Gross earmnsa. 11.467,75!Oper'g expense? 7.810,960 3,656.799 1902. 1901. 1900. 9.777.559 10.S27.859 6.074.760 7,320,960 9.596,059 6,213,060 8,482,759 5,578,460 S 7,192,835 5,221.410 3.702.799 3.382,999 2.904.299 1,971,425 3.500.899 cent for per cent for good four to six months The Bank of England sixty East 4^'o)4^ per single names. we have the data for such a comparison. Lines per cent for sixty to ninety receivable, bills 4^5 and prime 4®44c of Pittsburgh and on the directly of collateral to The cent. ninety-day bank The open market Berlin and Frankfort cent. at remains un- of discount rate cable reports discounts of bills in London lf®l£ per rate at Paris is If per cent and 2£ per cent. According to cable from London, the Bank of England our special it is £1,137,255 bullion during the week and held £36; S84,155 at the close of the week. Our correspondent lost Jan. I to Jttn e 30. Gross earnlnas. 62.3S4.67f 56.695.676 60,155,276 53,419.876 48.451,476 40.821,311 Oper'g expense* 46.311.61. .41,877. 119 42,831.819 35,778.419 32,546.919 28,577.961 Net earnings- 16,073.057114,818.55; 17,323,457 17,641,457 15.904,557 12,243.350 I Sou.— These figures include the Burlalo & Allegheny Vailey Division for 1901, 1902, 1903, 1904 and 1905. In June 1901 the earnings of this division were, appro*, nurely, eros r SC78.724; net, $417,874. From January 1 to June 30 the earn, was due to exports of £80.000 (wholly to South America) and to shipments of £1,057,000 net to the interior of Great Britain. further advises us that the loss , inrs oi this -Jlvlsion in 1901 It will be spen were approximately $3,620,865 gross and $1,161,707 net. from the foregoing that for the six The foreign exchange market, after a sharp fall on Juno 30 1995 the improvement on the Eastern Saturday of last week, became dull, though with a firm lines amcmnts to $5,039,000 in gross and to $1,254,500 undertone. The easier rate for money, especially for the inntt. Adding to this the increase in the same six six months' period, is assigned as a reason for art months of $3,281,200 in gross and $507,100 increase in absence of offerings of months to finance net on the Western line, the total improvement up is brought $S,970,200 in gross and to $1,761,600 in net. Last year the loss in gross for the combined system was to only $4,834,700, but the loss in net was $3,894,900. contributed to the the renewal of week is said to have in part demand for sight exchange. Bankers which matured those bills; this report that there are indications in offerings of against drafts cial and Southern cotton cities of an commerby banks at some Western accumulation of such bills, There was no change in official rates of discount by any of the European banks this week, and compared probably the result of the marketing for export of cotton with of the staple; these bills are, however, offered at figures week the tone at London, at Berlin and at Frankfort was steady while that at Paris was easier. The striking features of the statement of the New York last Associated Banks last week were the unexpected gain of $5,942,700 in cash, the expansion 4S0,700 to within $1,141,800 of the maximum October 8 1904, and the increase dep 700. The surplus reserve 815,305,975. The bank in in loans sits of $18,- on record of $22,346,- was augmented $356,025, week should stateme.it of this to which was brought out during the recent which are regarded as too high in rise in the price view of the probthe new-crop sea- upon the opening of son there will be such an abundance oi cotton drafts deliverable upon contracts as to cause a decline in ability that rates. Therefore bills and which in noted will it is the epidemic at this month It may bo New Orleans will be readily obtainable. yellow-fiver linanco for the mature towards the end of September that expected that cover THE CHRONICLE. 530 does not seem to and have affected business at that centre, not apprehended that the movement of cotton it is through that port will be materially checked. however, the staple will doubtless be, volume from contiguous Gulf ports. Week ending Aug. lianke Interior Should it move in increased The fact that the outcome of the peace negotiations which were represented to have been expressed by M. Witte in an interview on the steamer be- by hiin, the exchange market, regarded as evidence that the until the negotiations progress to present demnity, it ceptible influence not is some clear France expected that there will be any per- upon the exchange or markets. Gold received at IS 1.164,000 20 918.01X1 Gain. U.216.000 amount of bullion in the Aug. 4 1904. SUner. Total. Gold. silver. X X £ X X 36.881,155 117.455.753 36.884,155 36,033,000 'lotaL £ 34.110.493 34.110.493 44,387,021 161.812,77; 108,001.968 12.011.000 48.044,000 33.263.000 6,847,000 I15.02y.000 93.602.000 45.036.810 153,128,481 13.0J9.000 46,302,000 8.634,"00 102.236,000 Aust.-Hun.t Spain 16.807,000 12.860.000 59,667.000 18.175.000 12.664,000 60.839,000 14,880.000 22.487.000 37,367.000 14.761,000 20,459.000 85,220,000 Italy 24,531.000 8,304,400 27,838.400 18.180,000 176.500 21,306,500 6.415.100 6,245.200 12,660.300 5.477 800 11.965.200 3.130,000 1,565.000 4.095.000 3,1)30.667 6.487 400 1,518,333 Netherl'df. Nat. Bel*..' to the in- 3. 4.555,000 Tot. week... 905,021,008 108,706,624 501,027.632 158 (517,628 111,015,049 169,662 677 Tot. prev .. .if IS 382.234 109.267.040 507,649.980 (64 610.010 111 135 399 175 752.339 the either Gain. $2,816,000 Loss. 1,600,000 Onld. 109,782,000 shall sufficiently indications as 25.7W.000 of Germany..* an indemnity has not yet been considered by ; tenders *4,248,OO0 Aug. 3 1905. Bank matter of peace between Russia and Japan or the payforeign bankers ieg:il Holdings. t7.oe4,ooo 24.100.000 The following table indicates European banks. England.... is as above iVet G7ianoe In Bank lianks. the principal arrival, nied of Total gold aDd and that were subsequently dehad not the least influence upon his ment movement Out of into Ranks. 4 1905. Sub-Treasury operations pessimistic views concerning the fore [Vol. lxxxl * The division (between gold and silver) given in our table of coin and bullion in the Bank ol Germany and the Bank of Belgium is made from the best estimate we are able to obtain; in neither case Is it claimed to be accurate, as those banks make no distinction in their weekly returns, merely European discount the Custom House during the week $97,043. [Nominal quotations for sterling exchange are 4 85£ for sixty day and 4 87£ for sight. Eates for actual business on Saturday of last week were, compared with those on the previous day, 10 points lower for long and short, at 4= 8480 @4 8490 for the former and at 4 8640® 4 8650 for the latter, while rates for cables were oft 20 points, to 4 8080©4 8070, and the market was weak. On Monday there was a partial recovery of 5 points in short, to 4 8645©4 8650, and of 10 poin ts in cables to 4 8670@4 8675; long was unchanged. On Tuesday the latter fell 10 points, to 4 8470® 4 8480, short rose 5 points, to 4 8650®4 8655 and cables 5 points, to 4 8670 ©4 8680; the tone was irregular. On Wednesday the only change was a rise in cables of 5 points, to 4 8675® 4 8680, and the market was quite dull, so continuing on the following day, when the only alteration in rates was an advance of 5 points in long, to 4 8475®4 8485. The market was quiet on Friday and 5 points higher all reporting the total gold and silver; but close approximation. we beUeve the division we make is a t The Austro-Hungarian Bank Statement is now issued in Kronen and Heoer instead of Gulden and Kreutzer. The reduction ol the former currency to sterling £ was by considering the Gulden to have the value of 50 cents. As he Krone has really no greater value than 20 cents, our cable correspondent tn London, in order to reduce Kronen to £, has altered the basis of conversion by dividing the amount of Kronen by 24 instead of 20. TEE PEACE NEGOTIATIONS. With the arrival of M. Witte at Xew York last Wednesday discussion of the peace conference, which opens next week Thursday, is fairly under way. We do not imagine, however, that any one knows any more as to in what the propositions and counter-propositions will be this matter than was known a week ago. Both sides The Japanese plengive out any public inter- are preserving a diplomatic attitude. ipotentiaries have refused to view on their plans or impressions, leaving all public and non-committal secretary. Therefore it is impossible to say, on the eve of the conaround. The following shows daily posted rates for sterling ference, whether Japan will or will not ask for an indemnity to the full amount of her war expenses, and what exchange by some of the leading drawers. DAILY POSTED KATES FOR FOREIGN EXCHANGE. cession of territory or agreement as to future occupation will be demanded from Russia. On the other hand, the FBI.. MON.. TrjES., Wed. Thctr. Fri., July 28. lulu 31. Aug. Aug. 2. Aug. 3. Aug. 4. Eussian envoys have done their best to spread the im85* 85* Brown 60 days 4 So* 85* 85* 85* that they are by no means coming to accept the pression 87* 87* Brothers & Co. (Sight.. 4 87* 87* 87* 87* 85* 85* Baring, 60 days 4 8514 85* 85* 85* inevitable, and that the terms of peace must be distinctly 87* Magoun & Co. (Sight.. 4 87* 87* 87* 87* 87* statements to a discreet 1, 5 5 Bank 60 days Sight Bank of 5 60 days Montreal (Sight.. Canadian Bank 5 60 days of Commerce. (Siaht.. Heldelbach, Ick- 1 60 days elheimer&Co. (Sight.. Lazard 5 60 days Freres (Sight.. MercDants' Bk. J 60 days ( Sivlit of Canada. British j No. America.. ( . . The market 85* 87* 4 85* 4 87* 4 85* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* h7* 4 4 4.-7* 4 85K! 4 87* 4 4 4 1 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* 85* 87* acceptable in order to be considered. 87j| 85* 87* 85* 87* 85* 87* 85* 87*85* 87* It is true that ment the cabled state- that he predicted of the Japanese peace conditions {i that M. Witte has denied they will be so intolerable as not to admit of He cussion." has also officially repudiated dis- another statement attributed to him, that he was merely the Czar, and that the settlement was abso- courier of the 8480®4 8490 for lutely in the hands of his Imperial master. It would, long, 4 8655®4 S660 for short and 4 8680®4 8690 for exceedingly bad taste for the enindeed, have been in cables. Commercial on banks, 4 8455®4 8465, and these have made statements officially, for the to voy documents for payment, 4 S3£®4 8480. Cotton for paysimple reason, as he himself points out, that he does not ment, 4 S3£®4 83J, cotton for acceptance, 4 8455® and cannot at this moment know what are the terms of 4 8465, and grain for payment, 4 8475®4 8480. Nevertheless, we prethe Japanese plenipotentiaries. The to closed on Friday at 4 sume following gives the week's and from the interior movements of money by the Xew York banks. talk, was Week ending Aug. Received by 4 1905. A'. Gold Total eold and legal tenders With follows. the . I'. Shipped bi Banks. X. Y. Banks. *6,175.0U0 $3,471,000 889.000 777.000 $7,064,000 $4, 248 000 Net Interior is Movement. that these purposely allowed to get abroad, and that the object to in statements had their origin in unofficial impress on the public mind the idea that Eussia no such straits as circumstances. In the to ensure her yielding under any movement to produce such an Gain. £2,701.000 112 000 Gain impression the Czar himself has joined. Gxin last $2,810 000 Sub-Treasury operations the result is week he " Eussia as ' At the end of replied to a memorial of the Eussian clergy: may rely on me. I shall never conclude a peace shameful or unworthy of the greatness of Eussia." ArG. Eveu THE CHRONICLE. 5 1905.] statement, this in terms it be obBerted, will ambiguous somewhat below what they feel end to grant. The rest of the negoti- discussions liminary what terms of peace empowered the Czar does not state ; is 531 in the would be unworthy of Russia. This is quite natural, ation hangs very largely on the ability of the conferrees. It has been our own opinion from the beginning of the since no steps could be more indiscreet on the part of the Russian Government and its envoys than to preclude negotiations that financial considerations will really settle the matter. Japan has shown that sinews ol war can itseli absolutely horn acceptance of given terms of peace be obtained by her for continuance of the struggle, but before it knew what these terms would be. We ty same apparent uncertain- she has also allowed it to be thoroughly understood that, means little more than haggling ou the proper terms, she is very desirous of ending the have no doubt that —which reality in over a bargain — this been convened on August of such mat- Memories and most people have 10. ters are proverbially short, the Paris conference to that ten after the conference has will continue the discuss forgot- terms of peace between the United States and Spain convened on October and did not reach first December decision until final its During that tenth. period, we were with reports of hopeless disagreement not at now those to was perfectly all favored dissimilar current regarding Eussia's attitude. known throughout well It that conference Russia's position war. willingness bo sure, from lias, to vances of such that admission of her is end the war would be superfluous. to money time She time obtained more ad- to from continental bankers, but on lately terms which had begun to suggest merely postponing the day. evil It is conceivable that terms which hardly these bankers refused to grant month ago would be a offered in case of rupture of the peace negotiations; and meantime the expedient of raising domestic loans Russia is an admitted We failure. in should say that the No one news of the coming conference will need to be read with Spain had no option but to yield. was seriously influenced by the talk of the weakness these points very carefully kept in mind, and with the ot the American military position in Cuba, concerning further consideration that, by all precedent of war, delay which much was heard in the despatches. The fact was of agreement until the fall of Vladivostock will properly that was beaten, and that she had to accept the add both to the necessity of peace for Russia and to the It was conceivable, terms which her victorious enemy may exact from best terms which she could procure. even then, that negotiations might have been broken off her. and the Americans invited to capture Cuba and the Philippines beyond Manila for themselves. This, we ANOTHER ANTHRACITE STRIKE BE UNWARRANTED. say, was conceivable, but, looked on in retrospect, it was so obviously improbable that the prediction would have As the time approaches when the period covered by amounted to absurdity. Such, in our judgment, is the the award of the Anthracite Strike Commission apnature of the present case. It is by no means beyond pointed by President Roosevelt in October 1002 (and that Spain WOULD the scope of the imagination that Russia, dissatisfied by railroad the of in the imaginable case of such demanded by crushing terms of the civilized world. that is March 1003) will ter- whether any exaction of such terms a question which must be judged The ress of the war. consider not case alone is is likely, in the light of One not entirely simple. the questions of the public, while the speeches part the which Presi- 7 Japanese character and Japanese policy during the prog- must in w ould dent Mitchell of the Mine Workers' Union has been protesting to making to the miners this week have not tended to relieve apprehensions. No mature person in this part the Japanese as on fighting by way force Russia to go to decision bid any such event, except As its Japan advance, if it will, up minate, there is considerable discussion of the possibility into Russia, and on such basis may carry of another strike. We need hardly say that the bare We wholly doubt, however, the possibility suggestion of such a thing creates a feeling of alarm on the terms of peace, on the war. may which rendered immediately country at least of the — — will readily forget the experi- ences of the latter part of 1002 and the beginning of 1003, and a repetition of these experiences would cer- and complacency. that the public would not tainly not be received with equanimity We are in safe saying, too, involved in the pending war, but the fact that Japan in assume the same attitude of easy tolerance towards such war by the an event as on the former occasion. If a strike shall be European Powers and that Russia, which had partici- hastily and heedlessly precipitated, the party responsible pated in the movement to restrict Japan, was the very for such a result, whether operator or miner, will have Power which itself slipped in to seize by fraud and chi- to accept full responsibility for the act, and answer for canery what it had prevented Japan from getting as the the same at the bar of public opinion. We risk nothing fiuit of an honorable peace. The Japanese would when we assert that whichever side shall provoke such a scarcely be human if they did not in one way or another contest is doomed to defeat in advance, for it will forfeit demand some reparation for this act of conspicuous bad the respect and sympathy of the commuity, without ISO j was robbed of the legitimate faith. made We think the present the exaction expenses of of the that war episode inevitable, an indemnity war. fruits alone, which of itself would fairly suffice to justify when which no struggle of that kind can be carried crisis this question of the and the to a sue cesslul issue. As proportioned to the Undoubtedly the peace negotiations will occur of a matter little difficult to rious talk ordinary layman of fact the about finds understand why there should a strike at all. other question of rendering Russia harmless hereafter on Strike terms of peace which are larger than her actual expectations. This is the usual custom of such times. The for Russian envoys naturally will pursue an exactly opposite policy, placing their maximum of concessions in the pre- whether the Miners' Union (The United be it a se- The Anthracite Commission made an elaborate investigation into the Chinese coast come up for discussion. We imagine the whole subject only about two and a half years agt>, that Japan will at the start make no extreme and and laid down with great clearness certain rules and unwarranted demand, but will, nevertheless, Bug c inclusions which it would seem ought to be controlling a long time to come. wages, of the America) question of was entitled It considered the question of hours to of work, the question Mine Worker* recognition, the question THE CHRONICLE. 532 [Vol. lxxxi. — whether non-union men could rightfully he excluded price of coal would mean therefore an additional burfrom the mines, and a whole lot of other grievances, real den on the consumer. There have been intimations that and imaginary, which had heen the cause of friction and a demand might be made for an eight-hour day instead Moreover it provided a method for settling of the existing nine-hour day. Mr. Willcox, in the arfuture differences and controversies in the establishment ticle referred to, shows that if such a demand be made it dispute. of a Conciliation Board, three members of which consist members of operators, there being will be simply with the of employees and three also a provision for the appointment in case of necessity but an umpire by one of the Justices of the United States Circuit Court for the Third Circuit. of Why should not this arrangement answer for the 'future as well as for the present? view The increasing wages. to employees are now working less than eight hours a day, their pay is graded on a nine-hour day that is — every hour they work for day's pay. hour they get one-ninth of a In the event of the establishment of an eight- day they would get for every hour worked one- cannot be the pur- eighth of a day's pay instead of one-ninth. This, it will Nothing could be seen, would be an important difference, and the conbe gained by that. Conditions have not essentially sumer of course would have to foot the bill. changed in the interval, and what reason could there be But is the consumer prepared to pay still higher pricea pose to try all hoping for lor It the old issues over again. a different decision now than before? It should be remembered that by the award of the Anthra- — — Commission the wage question which is always looked upon as the factor of greatest consequence in struggles between labor and capital was put on a broad and comprehensive basis. The miners were granted an advance in wages on top of a previous advance, and at the same time provision was made for further advances (by means of a sliding scale) as the selling price of coal should be raised. What, then, could the men hope to accite A complish by a strike? contest for recognition of the and would meet with the sweeping change in the attitude towards non-union labor would meet with equally little popular support and sympathy. It may be recalled that the Strike Commission laid down the rule that no person should be refused employment or be in any way discriminated against on account of membership or union would be futile A condemnation of the whole community. non-membership in any labor organization. Obviously a position that cannot be surrendered. The Com- this is mission expressed well the general sentiment on that point when it said that " the right to remain at work where others have ceased to work, or to engage anew in work which others have abandoned, is part of the per- for his coal after the large upon to We imagine that is of anthracite is knows that anthracite a great deal more than a few years ago. sons, already called where the rub will Every householder and every other con- pay. really come. sumer additions he however, appreciate how costing him Very few per- is largely the advances are due to the advances in wages secured during the last few years by the miners and the other workers at the mines. We have ourselves set out the facts in this regard on previous occasions, but Mr. Willcox has rendered an important service in presenting the situation in that regard in such a cogent way at this juncture. It should not be forgotten that in 1900, as the result of a general strike, wages in the anthracite industry were ad- vanced about 12 per cent. The Strike Commission awarded the miners a further increase of 10 per cent (they had demanded 20 per cent), figured on the previous increase, giving altogether an enhancement of 23*2. The Commission at the same time reduced per cent. the number of hours in a day for the other employees at the mines (amounting to about 55 per cent of the whole number) from ten hours to nine hours, which was equivalent to a wage increase of 11 1-9 per cent. The Commission further arranged, as already stated, a sliding miners and the "company men" sonal liberty of a citizen that can never be surrendered; scale so that both the and every infringement thereof merits and should receive stern denouncement." The subject is discussed at length in an article in the current number of the " North American Review," un- should participate in any increase in der the caption " Present Conditions in the Anthracite Coal Industry " by Mr. David Willcox. In this article in rates of compensation has Mr.Willcox reaches conclusions like those just expressed, der the sliding scale have added about 5.96 cents per ton conditions have been settled & making 30.77 cents together. It will be seen that in this Mr. Willcox is dealing entirely with the increases established by the Strike Commission itself. The earlier advance in wages, made in 1900, is not Applying the increase in the cost taken into account. of producing coal to the tonnage mined, some quite The total sum which was startling figures are reached. added in the year 1904 to the cost of the coal produced, Mr. Willcox computes, was about $13,200,000 by the absolute increases and about $3,200,000 additional by the must therefore sliding scale, or a total increase in cost of about $16,- saying, "All the existing to which the employees were parties, and machinery has been successfully provided through by arbitration, the Board the Conciliation tions. fully in for adjusting any future ques- The methods of transacting business have been investigated and have not been found objectionable any respect. What possible ground can exist for dis- turbing this situation and subjecting the country to the hazard of another anthracite strike ?" that Mr. Willcox is It may be urged the President of the Delaware Hudson Company, and that his remarks be taken as reflecting merely the operators' side of the These awards have been the price of coal. all carried out. Mr. Willcox says that comparing 1901, before the with 1904, after the strike, the absolute increase strike, added to the cost of produc- ing coal about 21.81 cents per ton, and the increases un- more, 400,000. It is pointed out that this increased cost was most part by the "prepared " or that it is in strict consonance with the facts that really domestic sizes because the small sizes compete with bituno other conclusion is possible, having regard to all the minous coal and their price must consequently be kept It was circumstances of the case and weighing the matter on substantially the same level with the latter. question, but the merit of Mr. Willcox's statement is necessarily borne for the — this increase in the cost of impartially. Another point should not be overlooked. in existing arrangements which would add mining coal would mean that much added Any change producing coal (together with the advance in the prices of material and labor gener- to the cost of ally) that led to the increase in the prices of the to the selling sizes, amoaitiug to about 50 cents per ton. domestic AUO. THE CHRONICLE. 5 1905.1 Supposing now day eight-hour of an would mean The result made the employees be i; be held • He miners. to President him to address a mass meeting Mr. 10. known, has great influence with the Any other course cannot but mistake to No franchise or right. of an mon railroads call of ipolies. a privil >ge del exclusive such right as is, fact, ol a guaranteed or indeed exercised by railroads, lakes extended common toothers, the possession and bearact a But monopoly implies the exercise haps should counsel them to abide by the award ot tbe Strike Commission. is It also that committing an Wilkesbarre on August at well is it It, desirable that stated that is invitation by tbe Mine Workers' Hoard ip. is these facts, and see sevelt has accepted the ot It ooal. to see their significance We of inexcusable folly. wages per hour ot add $4,350,000 to preventing them from thereby ing, the in would he more to the cost of producing the public should understand day— this a nine-hour instead of a further increase 12*5 per cent fixed on the basis wages should ho that 533 isolated in and seas So long instances. of a per- country remain, the railroa have not unrestricted control n as the great c Is transportation, o( railroads of the United States were one . if the homogeneou owned by one tem, under the control of one management, man, they would still not be a monopoly. As it is they are divided under many managements and owned by many men. Every line has practically been parall The strife for business is incessant. In much the same way that we have often done, the author urges that too great care cannot be exercised in result in great injury to all concerned. giving extraneous bodies authority over railroad prop- U I YA IE 1 M Nu . I I EMEU (/ 1 when the present time, in certain being seriously urged are islators G O VERS MENTAL 01 ItAILKOAES. VS. to erty. Nothing should be allowed to come between the owner and the public. Identity and association of interest are clothe a Govern- the owner's place. ment bureau with functions and powers over the railroads We ture on the subject. cause call a useful addition be- it brings out so clearly the economic 't aud governing railway operations. _ volume the bttle Kirkman has is to the litera- laws under- The title of "Basis of Railway Rates."* known been long Mr. an authoritative as writer on railway subjects and the present volume forms be comprised in the revised and one of the series to enlarged edition of his "Science of Railways." way tend in every to enhance In a preface to the book much has been while said It will and written out points that in regard to the railway problem, so far as rates are concerned there problem not known The same laws to and traders Answering the argument that the making of rates invites the Government, Mr. Kirkman special intervention of the asserts that in reality air not adjust themselves do no that govern manufacturers railways. water is every student of political economy. govern should not be allowed to hide this respect He business. —more The ment. lie should be directly to public opinion for the his latter so and manner in which he abnormally sensitive in is than the the Govern- officials of habitually shield themselves behind customs aud formalities of principles one can supply which they ascribe the to " necessities. I They envelop themselves which they are as in their prerogative, as in a shell, in inaccessible to attack or It is the other world. representatives of the they are creatures the criticism as same denizens of an- if As in every country. people, its the agents and protectors, of form, the apostles of prece- dence, the slaves of precedent. Their safety, convenience, his reputatiou. the author He himself behind a commission. amenable that experience teaches cannot safely be lodged in the same, a book fresh from the pen of Marshall M. Kirkman carries on come; as a welcome and a useful addition No necessary to the public good. quarters our leg- and prejudice are the measure dignity, interest Theirs duty. is 02 their They look at individual. The not a divided allegiance. the country as a whole, never to the They shield themselves The delay of business, the natural enemy. latter is their behind impersonal convenience laws. the of people, is as if were it not." Railways and more naturally than the public lose half their usefulness The value servants. when managed by of such property is so largely of railways adjust themselves to the vicissitudes of dependent upon the estimation in which it is held by the trade. Kates are governed by natural laws, by economic people that private owners are compelled to listen the same as the price of breadstuffs, and rail- attentively to every complaint, b3 it reasonable or not, . must carriers ire 1 of necessity adjust are perversions of ns and this themselves thereto. economic law they are one to a million compared as to the commerce of the country of leaving antrammeled except in this, that they the internal and to act promptly in providing a remedy. ment is not, for these reasons, a fit sub GovernIt is too . impersonal. Bat Government can with advantage and propriety exercise supervision — through a commission or Such a board, however, must not be upon provincial ideas or uy situations. Its not discriminate between shippers; shall not and m hip must not be apportioned beal rates nor allow rebates, and shall publish and the railway; and the public according to the r tarifls as the Government requires. by rail cannot be the same from month to month measure of their influence or respective wealth, or upon any more than they can be by water. any other assumed basis, but must be at once general, dignified and honorable. It mus be formed with of conflicting interests, of ince single purpose of accomplishing whatever measure of flue* nations. Those who advocate legislative interference railroads r similar hody. I I l .. ] • Id ' ral i " They would substitute for this chang world an artificial a, '1 • ' e evil I ment the instigator of • B B : —a world impossible it j with block the is good "I ciples "f business; t V«vTorkaadi day G iy —a board to ri the railroa jhts an 1 privil' that rec iguizes that rail a aid must be operated in harmony with Substitute automat,.: action lor geni rs. must be a board favorable and equally favorable to the other interests <i commercial enterprise, rather than ... restricted office renders p ily its D It ble. men, impracticable would make Basis or Bailwat EUTBsand Private Company. filled would sweep away that which has attended '•n one public good Publlah- to prin- a b »ard that reco mizes that railr adjust themselves tO'tha day, according they arise. 'al to the conditions of exigencies of tra bu THE CHRONICLE 531 Government management never may always from never expedient, upon depended be commercial affairs is effort Competitive wise. of to machinations of interested parties tin; operations. — sponsibility, great In the outlay. vate corporations a deficit free in Government mean lax remanagement of pri- a seiious matter, to be scru- is only an incident, to be looked upon with patriotic in- The owners dulgence. supervise properties their railroads find of it difficult to through the managers they employ, although constantly on the watch, and although one and are animated by the fear of personal loss. all How much more difficult, then, must it be for the people to do so who have neither direct interest or influence. As showing what shippers in the United States have gained through the specific reductions in rates made by the railroads without governmental interference or any kind, Mr. Kirkinan furnishes straint of ing illustrations. the from 3-642 cents in 1863 duction 1903) to some re- strik- Without intervention the roads have voluntarily reduced per ton per mile charged rates to 0-763 cents in 1903, a re- amounting (on the basis of the business for the enormous sum annually of $4,987,040,622. Mr. Kirkman finds that the total cost of the United States on company the railroads of June 30 1903 stood at $11,624,- stocks are also published weekly in another department of the paper, and 542 and 543. Shares. BANKS New York. will — — June 1905— sale. 205 380 90 K —Brooklyn. Hank TR1 10 Mechanics' 25 Farmers' Loan Last previous July 1905 July 1905 204 375 90 50 United National Bank BAH be found to-day on pages Price. ZlO Commerce. .National Bank of 12 (urn Exchange Hank arrogance and In the operation of governments tinized with sharpness. it is if left a people from But nothing can protect Government monopoly from the stupidity, ambitious ends of governmental servants. ownership and management everywhere its people a protect trust [Vol. lxxii, ft [PANY—New Trust Co 250 York. 1400 July 1905— 245 July 1905— 1470 i Sold at the Stock Exchange. — Mr. Arthur Terry has recently been elected Treasurer of the Title Guarantee & Trust Company, 146 Broadway. Mr. Terry was formerly connected with the firm of Messrs. Blair & Co., later becoming Trust Officer of the Manhattan Trust Co., and was then chosen Secretary of the City Trust Co. upon its organization. until the City Trust can Trust Guarantee in Greater He occupied the latter office was consolidated with the North Ameri- and Trust Company of America. The Title & Trust Company, with several thriving branches New York, is still making large additions to its banking business, its deposits having increased from §31,000,000 on June 30 last to over $33,000,000 the present During the past six months the institution has sold week. investors $44,854,000 in first mortgages on New York City real estate. Mr. Edward O. Stanley, Second Vice-President, has charge of the banking department. — It is reported that a membership Exchange was recently transferred in the New York Stock for a consideration of $80,000. — Mr. Carlton Godfrey, President of the Guarantee Trust Co. of Atlantic City, N. J., has been elected President of the New Jersey State Bankers' Association, to succeed the late Mr. Edward S. Campbell, whose death was announced columns on July 8. in these Accordingly he proceeds as follows. 475,533. ' It ap- pears from the foregoing that the public received a divi- dend in 1903 pared with cost of in the shape of reduced rates (as com- 1863) equal to 42-90 per cent of the total the of railroads the United The States. owners of the railroads, on the other hand, because of the reduction they had made way and dividends a return of only of interest on bonds in rates, received 3-74 per cent on the total cost of their property in the —a re- turn on capital invested that no manufacturer, business man, merchant or banker would consider adequate." Obviously, except for the reductions in rates, the tonnage could never have reached does not make its present proportions, but that the saving anv the less real. to the great reduction effected in rates which possesses a force. He The capital is $1,000,000, funds and undivided profits $4,342,595 (market value) and total resources $42,554,468. 10 per cent on the deposits. Mr. Kirkinan makes one other point with reference good deal of — The semi-annual statement of the New York Life Insurance & Trust Company, 52 Wall Street, for June 30 indicates the prosperity and substantial growth of an institution whose fixed policy it is to accept only private trusts and The deposits in decline all corporation and public trusts. trust, which were $26,676,027 June 30 1903 and $30,048,844 one year later, are now $33,912,888. In addition, the annuity fund amounts to $2,181,138 and the life insurance fund to $390,793. One of the interesting features of the assets as set forth in the printed report is a detailed list of all the bonds and stocks owned by the company, with the The par value of these securities at par and market value. present is $10,129,020 and market value $11,739,040. The cash held in the institution's vaults, $1,425,000, and cash in bank, $2,093,176, together constitute a reserve of over says that as every railway com- surplus —An order was granted by Justice Howard at Special last authorizing the receivers of the Term on Saturday pany naturally and properly seeks to maintain rates, the Merchants' Trust Co. of this city to pay a first dividend to fall in rates shows how futile such efforts are when condepositors of 40 per cent. It is provided, however, that ditions are averse. In other words, the rates of the rail- $18,000 of the amount now in the Receiver's hands must be ways are governed by economic laws, to which their set aside to pay a claim in suit. All of the securities held managers must conform and which they cannot ignore. by the trust company, except the Hudson Valley Ry. bonds, the Rutland Street Ry. bonds and a few minor items, have To substitute for this the judgment even the wise now been disposed of. The receivers have been restrained judgment of a Government bureau would be a danger- until after August 27 from selling the bonds of the Hudson ous departure, sure to be fraught with serious conse- Valley Ry. until final arguments have been heard upon the — — railway company's application to sue for their possession. quences. — ITEMS ABOUT BANKS, BANKERS AND TRUST —The public sales of bank stocks GO'S. week aggregate 82 shares, of which 72 shares were sold at auction and 10 shares at the Stock Exchange. Only one lot of trust company stock, amounting to 25 shares, was sold. The table below, given in our usual form, shows the actual sales of New York City bank stocks made during the week at auction and at the Stock Exchange. Extensive tables showing the bid and asked quotations, deposits, surplus, &c, of banks this As indicated would be the case in our issue of July 22, the stockholders of the failed Fredonia National Bank of Fredonia, N. Y., have been assessed 100 per cent. About $65,000 in value of the $100,000 stock has paid the assess- ment and suits will be brought against the remaining share- holders to compel payment. — Two Newport, R. I., institutions have changed hands, namely the First National Bank and the Coddington Savings Bank. The first-named institution has been absorbed by the Newport Trust Co., while the Coddington Savings Bank and trust companies in all important cities of the United has been taken over by the Industrial Trust Co. of ProviStates are published monthly in the Bank and Quotation Sec- dence. The shareholders of the First National Bank were tion ,the August issue of which accompanies to-day's Chronicle. offered $100 in cash for their stock and in addition all that Bid and asked quotations for all New York City bank and the assets of the bank may yield above that sum in liquida- . J , THE CIlKONrCLK Ar... 5 1906. The proposition to the trustees of the Coddington Tings Hank was that the whole property of t he institution tion. - among be divided stive interests the depositors iu proportion to their rethe depositors exchange their and that books of the Industrial Trust Hank A meeting voluntary liquidation upon the to vote called will shortly be of the institution, and the board of trustees of the Codding- bank books for participation of Stockholders of the First National (\<. ton Savings Bank has decided to dissolve the bank in accordance with the provisions of its charter. — Receivers Samuel W. McOall and Charles F. Choate Jr. of the Union Trust Co. of Boston have obtained a decree from Justice Barker in the Massachusetts Supreme Court permitting them to return the institution and its assets to the control of William E. Barrett and other stockholders. Dividends amounting in the aggregate to 70 per cent had previously been paid and the receivers had on hand $07,567 in cash to be distributed to creditors whose claims amounted Mr. Barrett, representing the entire stock and to 8179,337. a majority of the deferred claims, offered to furnish the balance of $111,770 to pay the claims, provided the institube turned over to him. As Justice Barker has now given the necessary permission, Mr. tion with the remaining assets The institution is not to before obtaining however, be allowed to receive deposits, the consent of the Savings Bank Commissioners. Barrett's offer will be accepted. — Mr. Oscar E. Weiss, formerly Auditor, pointed Assistant Cashier of the Farmers' National Bank of Philadelphia, to succeed T eiss has been in Eugene H. Austin. Mr. the bank for fifteen years. W — Mr. Esmonde H. Austin, Treasurer 535 The proposed change charge of the affairs of the institution. was referred to in these columns on July 22. the vice-presidency, takes H. of Mr. Mr. Rollins the lion The bank will remove some time in large and commodious rooms now being Piatt. S. October next to up made vacant by occupancy on the ground floor of the Conimmediately adjoining the quarters of the Continental Trust Co.. with which it will have close fitted for its Building, tinental business relations. — Mr. Thomas W. Pomeroy, formerly Cashier of the Hank of Tarentum has been elected an People's National Equitable Trust Co. of Vice-President of the additional Pittsburgh. —The Bank N. A., has completed extenand improvements in its quarters on Fourth Avenue, which now extend through to Third Avenue. of Pittsburgh, sive alterations The institution sent out very attractive invitations to its many and patrons requesting them to view the enlarged rooms on Thursday, the 27th ultimo. The invitation presented handsome views of both the exterior and interior of the bank's new quarters, and, judging from these friends photographs, the Bank of Pittsburgh most magnificent bank building. the possessor of a is — The shareholders of the Union National Bank of Pittsburgh on Tuesday ratified the proposed increase in the capital from $500,000 to $600,000. As was stated would be the has been ap- case, in our issue of July 8, the new stock is to be sold at & Mechanics' $1,300 per share, $1,200 of which will be added to the surthe late Mr. plus fund, bringing that item (including undivided profits) the service of up to about $5,000,000. — United Security Life Insurance & Trust Co. of Philadelphia, died on Wednesday at the age of 52 years. He had been in poor health for some time past, being afflicted with heart trouble, which was the cause of his death. of the —The Empire Title & Trust Co.— the new West Philadelphia institution to the organization of which we referred on June 17 opened for business on Tuesday of this w^eek The directors of the Provident Savings Bank & Trust Co. of Cincinnati on Tuesday decided to increase the capital the institution from $500,000 to $1,000,000. Of the $500,000 additional stock, $250,000 will be allotted to present shareholders at par, the remaining $250,000 to be sold to patrons of the institution. It is reported that the trust company contemplates removing its quarters further uptown and that several sites are under consideration. of — — Mr. Charles S. Andrews of Brazil, Ind., has been apand Lancaster Avenue. pointed permanent receiver of the Vigo County National The capital of the institution is 8500,000, and it will do a Bank of Terre Haute Ind which closed its doors on June 28 general trust company business. President, as noted in these columns at the time. Its officers are: Gustave Conzman, William Powers; Vice-President, P. J. McGarvey; Secretary the Cashier of the institution, who was arrested charged and Treasurer, Reginald B. Chase. with appropriation of the bank's funds, has been held in at the corner of Forty-fourth Street , — $10,000 . , bail. In a suit brought against the Maryland Trust Co. of Baltimore by the National Mechanics' Bank, also of that city, to recover the sum of $281,447 loaned by the bank to the trust company to pay for certain stock of the trust company purchased at the time of the absorption of the Guardian Trust Co. by the Maryland Trust Co., Judge Baer, in Cir . cuit Court No. 2, handed down a decision sustaining the claim of the bank. Judge Baer, in the opinion, said it seemed to be clear "that in the purchase of this stock Mr Ramsay" (President of the National Mechanics' Bank) is acting as the agent of the Maryland Trust Co., and that the agreement on the part of the bank was to loan the money with which to pay for the purchases." "The certificates of stock were deposited by Mr. Ramsay with the bank as collateral security for the payment of the loan made by the bank in advancing the money with which tin stock was purchased." Judge Baer orders, however, that the amount of the judgment is not to be paid the bank by authorized to receive deposits subject to check, although they may accept time deposits; that they arc required to procure certificates from the Auditor authorizing them to commence business; and that their authorized capital must the receiver of the trust be fully paid up. . have been paid company . . until all other creditors members to twenty-three, has decided to re-incorporate under the laws of Illinois, the name of the institution to remain as at present. The capital as indicated in our issue of July 22— is being increased from $200 ,000 to $600 ,000, and it is stated that the new stock has been fully subscribed. A meeting of the stockholders will be called for some time during the present month to ratify the proposed changes. — — Attorney-General the 31st ultimo, moved into Liberty and German streets. Baltimore on Monday, new home at Hopkins Place, The National Exchange is o of he banks rendered homeless by the great fire in Baltimore in February of last year, but which commenced Lmmedial the construction of a new building on the old site. The new its 4 used exclusively for the bank's purposes. It is built on a level with the street, the basement being fitted out with safe deposit vaults. Altogether the building credit to that new Baltimore which has arisen out of the ashes of the old. is Tuesday, the 1st instant, Mr. Thornton Rollic tired from the presidency of the Maryland National Hank of Baltimore, and his successor, all Mr. E. II . Thomson, assumed loan and trust companies in the State of subject to examination have been favored with a copy program of the of the fourth annual convention of the Colorado State Bank' Association, to be held at Greeley on Monday and Tuesday, the form of a bank -book with genuine leather covers, and pr an attractive and unique appearance. Several questions of inwhich should j1 will be discussed and Borne addn prove timely and Instructive. A round of nts and social function.-, including a banquet and re< August and 7 8. The program is in I i provided. i — On Mullan of Iowa has given an opinion Iowa are by the State Auditor, whether they do any banking business or not; that no trust company is that — We of of Chicago, being desirous of increasing its board of directors from eleven in full. —The National Exchange Bank structure — The Colonial Trust & Savings Bank — Receiver announces B¥adley of the i-ir-t Xauonal Banfc thai shareholder.- of the institution w ill TbfJeka "I a Aug. 7 One quarter of the too per cent on their stock. ind assessmehl is to he the amounl of the firsi pay the remainder, for which shareholders will be compelled to be ; , i THE CHRONICLE 530 give security, will be payable in instalments in thirty, sixty and ninety days. —A new banking institution for Memphis, Tenn., is being organized, the Realty Trust Co. on Saturday last having filed application for a charter. The new company is to have do a general banking and trust business. Its incorporators are: H.Smith, R. E. McGill, R. E. McGill Jr., R. M. Buck, J. W. Winkler, John B. Ross and C. S. Northrop. a capital of $100,000 and —The will organization of the Hamilton National Bank of Chattanooga, Tenn. to which we referred in these columns on June 17 has been effected, and Mr. T. R. Preston elected President; H. T. Olmstead.and G. H. Miller, Vice-Presidents; C. M. Preston, Cashier, and C. L. Knoedler, Assistant — — Cashier. The new capital of the our previous item — is institution —as noted in $250,000. — Meetings of the stockholders of the Canal Bank & Trust Co. and of the Louisiana National Bank, both of New Orleans, have been called for August 30, to vote upon the proposition to consolidate the two institutions according to Clearings at Montreal . _ Toronto Winnipeg. 1904. 25.590,640 20.230.581 16,666,741 6,719,042 1,723.401 2.235,488 1.796.142 1.806.454 15,:::,' Halifax ... Ottawa Quebec Vancouver. Hamilton.. Si. John... l. 2>,y,. <,>,:, Total Canada.. 60,504,255 ' 1903. 1902. 4-26.6 8.5 + 20.3 3.4 $ 19,125, 371 12,950, 913 147 1.4*2, 190 1,608, 421 20,588,754 1M.S03.381 3,569,290 1.4*0,923 ,057,568 2 1 .5 + 19.0 + 33.5 + 35.0 + 15.7 + 3.9 + 41.9 + 19.1 978,905 848,671 881,822 682,490 V ictoria 481 50,787,210 29. In. or De. + + 5,685,811 1,666,085 1.840.031 1,509,120 1.353,001 931 1,132.304 London 1 1.575, 978 1,450, 085 850, 000 1 .-'77.277 1.000,259 7'3,097 946 177 850, 000 642 431 797,522 650,000 504,089 45,415,719 46.188.160 — Clearings by Telegraph. Sales of Stocks, Bonds, &c. The subjoined table, covering clearings for the current week, usually appears on the first page of each issue, 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 1904, there is an increase in the aggregate of 39.4 per cent. So far as the individual cities are concerned, New York exhibits again of 56.0 per cent, Boston 26.3 per cent, Philadelphia 44.0 per cent, Chicago 4.5 per cent, Baltimore 363 per cent, St. Louis 4.5 per cent, and New Orleans 102.9 per cent. — Returns Clearings Bank been organized with a capital of $100,000. E. L. Grondahl has been elected President, John Erickson Vice-President and A. H. Soelberg Vice-President and Cashier. The old quarters of the Scandinavian-American Bank, at First Avenue and Yesler Way, are occupied by the new bank, it having opened for business on Monday of this week. Mr. Soelberg and President Grondahl were formerly identified with the Scandinavian- American Bank as Vice-Presidents. State Week ending July — 1905. the plan given in these columns on July 22. —The [Vol. lxxii by Telegraph. Week ending Aug. of Seattle has lately $1,342,280,934 Boston Philadelphia Seven Total Total + 56.0 + 26.3 69,815 +44.0 +36.3 5 days all cities, 5 days + 4.5 17,453,175 8,602,007 SI, 827,202.684 SI, 261,349, 241 299.984,718 265.4S1.927 S2, 127. 187,402 SI. 526, 831, 168 day + 4.5 40,7' 12,190 cities, All cities, 1 $860,544,557 97, -34.789 113,82 21,3: -7.106 Baltimore Chicago St. Louis.. % 1904. 1905. 5. New York + 102.9 + 44.9 + 13.0 + 39.4 + 39.7 368.643,227 all cities for week +39-4 SI. 790.724,487 S2.495.830.029 — As previously stated in these columns, the bankers of Our usual monthly detailed statement of transactions on Oregon on July 21 last decided to form an association similar the various New York Exchanges is appended. The reto the Washington State Bankers' Association, and accord, sults for the seven months of 1905 and 1904 are given below. ingly the Oregon State Bankers' Association was organized and the constitution of the Washington body adopted verSeven Months 1905. Seven Months 1904. batim as the constitution of the new association. The fol- Descript'n Par Value Actual Av'ag, Par Value Actual Av'age or quantity. Pru or quantity. Value. Value. Price. lowing were elected as the first staff of officials: President, 150,836,624 63,421,676 Mr. J. Frank Watson, President of the Merchants' National St'klSh's Jval S14011.286.275 312071,720,404 86.2 $5883, 155,525 $3490, 850,444 59.4 Bank of Portland; Vice-President, Mr. E. V. Carter, Cashier RR .bonds S529.708.900 $500,853,589 94.5 $369,530,700 S301.303.137t 81.9 ' i Gov.b'nds of the Bank of Ashland; Secretary, J. L. Hartman, Manager House; and Treasurer, William E. Grace, President of the Citizens' National Bank of Baker of the Portland Clearing State b'ds Bk. st'eks $303,900 $111,582,850 $524,500 $515.220110.0 S468.580 $2,939,700; $2. 527. 702 86.0 $939,967229.3 S410.000 Total $14653,520,425 512678.397,289: 86.5 $6256.510, 505$3802. 136, 536 60.8 288,690,900 Grain, bu. 285,662,930 98.9c. 357,746,800 324,385,590 905£c. | Tot. val City. $394,340 108. 4 $104,049,339 93.3 $1,379,617,263.0 I $4126,522,126 S12964,060,219 — Both houses of the Canadian Parliament recently passed incorporating the Monarch Bank of Canada — to The volume of transactions in share properties on the New York Stock Exchange each month since January 1 in 1905 which we alluded in these columns on July 8. The new inand 1904 is indicated in the following: stitution, which expects to locate in Toronto, will have an SALES OF STOCKS AT NEW YORK STOCK EXCHANGE. authorized capital of $2,000,000. Mr. T. Marshall Ostrom the is bill new bank. Limited, of London has promoting the organization of the —The 1905. 1904. National Discount Co., M'th Number Values Values. Number 01 01 issued its semi-annual statement covering the half-year Shares. Shares. Par. Actual. Par. Actual. ending June 30. The balance sheet shows deposits of $ $ Jan . 20,792, 55S 1,931,154 400 1,374,870, 487 12,262.624 1 ,159,581 975 666,948,926 $52,973,471 and re-discounted bills of $15,271,450. The Feb . 25,239,088 2,323,637 S50 2,014,562, 018 8.789.259J 793,179 950 500,002,419 Mar 29,138,838 2,708,955 975 2,178,193, 156 11.440,9561 ,053,978 950 654.008,461 gross profits for the half year were $512,818. A dividend at 1st qr 75,170,484 0,963,748,225 5,567.625,661 32,490,839 3,006,740,875 1,820,959,806 the rate of 10 per cent per annum was declared calling for April 29,298,456 2,789,542 050 2,670,498, 407 8,205,529 772,657 250 439,390,481 $211,666, and after other deductions a balance of $57,374 May- 20,517,560 1,911.014 550 1,758,624, 01S 5.290,110' 500.722 000 287,964,816 June 12,570,409 1.132,492, 100 999,484, 627 4,972,804 465,855 700 250.000,002 was carried forward to the next account. . 977,355,299 2d qr 62,392,485 5.833,049,300 5,428,607,112 18,468,443 1,738,734,950 Canadian Bank Clearings. —The Clearings of the Canadian Banks for the month of July 1905 show an increase over the same month of 1904 of 21.8 per cent, and for the seven months the, gain reaches 25.1 per cent. July. Clearings at Canada Halifax Ottawa Quebec Vancouver Hamilton St. John London Victoria July 13,273,655 1,214.488, 750 1,075.487 63112,462,394 137,679, 700 The following compilation covers the since January 1904. Dec % 113.116,636 85.204,165 31,900,o09 8,077,082 10,290,150 8,164,809 7.311.005 5,611,677 4,760,598 4.337,517 3,116,956 88,391,285 + 28.0 70,844,172 + 20.3 24,824,509 +28.9 8,279,231 —2.4 8,705,926 18.4 7,323,004 + 11.5 6,573,713 + 11.4 5,114,389 + 9.7 4,340,751 +9.7 4,054,214 + 7.0 2,950,272 + 5.6 + 1904. $ 740,266.885 5S7.628.188 172,105,891 50,101,382 66.161,222 48,657,482 45,756,802 37,152,507 29,104,662 28,238,962 20,941.938 clearings 798,315,105 698,535,339 by months 1. Clearings Clearings, Tttal All. In. 1905. 1 2, MONTHLY CLEARINGS. Seven Months. In. or — Winnipeg 745,475, S25 Month — 1905. Montreal Toronto 6mos 137562 909 12796 797 525 10996 232 773 50,959.282 4 190.-,. or 1904. % 1905. Outside New York. 1904. % Dec. % 561,776.602 + 31.8 450,918.214 + 30.3 149,689,656 + 15.0 49,817,324 + 0.6 58,786,375 + 12.5 43,032,001 4-11.5 40,379.054 + 13.3 32,763,191 + 13.4 27,879,452 + 4.4 25,276,765 + 11.7 18.677.860 + 12.1 Total Canada 281,896,964 231,402.066, +21.8 1,826.115,921 1.459,597.094 +25.1 The clearings for the week ending July 29 make a very favorable comparison with the same week of 1904, the increase in the aggregate having been 19.1 per cent. S Jan .. 11,845,618,812 Feb... 10,648,351,488 March . 12,915,789.511 $ $ $ 9,451,278,382 + 25.3I 4,110. 894. 257; 3,759,752.263 7,727,105,027 +37.8, 3,530.032.226 3,297,300,025 8,397,3S8,333 + 53.8 4,184, 3S1.014 3,593,385,343 1st qr 35,409,759,811 25.575,771,742 April.. 12,732,343,154 May .. 12,057,137,810 June . 10,812,576,013 8,324,005,741 8,229,870,056 S,072,011.137 2dqr 35,602,056,977 24,625.887,534 6 mo 71,011,816,78S 50,201,659,276 July .. 10,864,40S,323 + 38.4 11,825,307,497 + 53.0 4,051,546,694 + 46.5 4,173,090,393 + 33.9 4,077,265,894 + 45.9 12,301,902,981 + 41.0 24,127.210,478 8.674,171,836 +25.2 4,025,375,771 21,072,363,613 + 9.4 + 7.1 + 16.4 + 11.0 + 14.7 + 23.2 + 16.5 + 18.0 + 14.5 3,479,811,568 + 15.7 10,650,437,631 3,533,362,656 3,3S7,0o9,959 3,501.523.367 10,421,925,982 The course of bank clearings at leading cities of the country for the month of July and since January in each of the last four years is shown in the subjoined statement. * — THE CIIROXICLF, A.UG. 5 L906.] s^$$ss$J .kakincs i-i i< \ /on. ) rhk-i-o I'M 5.978 704 791 ;. ':"» ' 1903. 1904. 1905. (0OO.iHH>urn .-.In In lis 1 Hi Cln.-tmriM al 221 127 102 106 177 123 PI,,. Sin 532 503 Ph?|.\i. St 94 104 ,,,;,;, Smtand 1906 6.694 53.724 624 522 210 203 118 30 27 Provlcten na 3.771 3.190 1.150 651 Denver H 704 70s 709 619 5 544 throughout Europe thai 200 26 25 17 21 20 20 l.i 13 19 16 13 14 209 183 193 187 175 189 133 122 113 181 180 124 192 183 19 1" 10 151 143 IS 12 15 106 9.321 0,777 78,198 427 r-117 146 lis S3 115 85 85 84 85 9S :;.isi -• :i.iiii do1 is ii business for in war the Russo-Japanese London 55 policy combina- thai there will likely some time come. to broughl to an end there will But while the war probably be a recovery in the autumn. no; looked fur by the best lasts much increase of prosperity is informed all over Europe. Money is very abundant and cheap, and there is a large [f 209 201 the thai a greal the whole, then, there much improvement "' 378 320 301 2»2 226 240 29 s 451 :.7.-. 13 16 3,247 18 I and Germany in cheek. is go much political appreheu- be formed to keep Upon 698 some apprehension that quietly is Delcasse will be resumed M. tion will m 82 Is 13 over, there 1. 226 88 ' 1.042 1.436 1,004 81 27 IndtaW< 1.417 50 29 26 (8 Bufii Prance, while they clearly recognize thai the feeling of France towards Germany »is Car more hitter than it was. More- i. 1.69 98 56 44 45 33 29 i"> 1903 1904 34 3.934 107 7s 7.' 47 Juiu 31. to i 1.903 •"•> •'>' 1 Kptroll , 1902. ' Mlnnoaivi ins \iu\r. (i i.i l jiiiv 537 is of gold—over two at the present — on millions sterling time. It the way how much uncertain is to of this gold will go into the Bank of England, for the Paris exchange upon Loudon is at a figure where gold might almost The rates of interesl and discount taken from very low at presenl in London that the French banks lanci s they no :id\ an tage in retaining here th have been so long employing. No doubt rat arly as ," low in Paris as in London. Lch haul; can emI 176 3.790 /. is 3.577 58.876 24.552 2S.152 than there was the fortnightly settlemenl that lasl failures si week, would In l the stock mar- in new as little inclinatioD to engage in lere is jusl i \ndon, Saturday, July 22 1905. a better feeling I 67.593 24,088 67.031 25.356 was it oci money with r i more particularly greater profit in other directions, Then Italy. in impn Fore the general ri illy r< duce the balsion is that the French banks will they are employing in London, and that in doing so will buy up most of the gold offering in the open mark b. Moreover, business continues exceedingly good in Argentina and the prospects for the new crops arc promising. Thereit a very considerable amount of is anticipated that This gold will be shipped from London to Buenos Ayres. k a beginning of the shipments has been arranged for. Consequently it is probable that gold will be taken both Nevertheless some gold Paris and by Buenos Ayres. naturally that which has will go into the Bank of England been -hipped hither by the Indian Government. The India Council offered for tender on Wednesday 60 lacs of drafts and the applications amounted to over 545 lacs at Apprices ranging from Is. 4d. to Is. 4 l-32d. per rupee. plicants for bills at Is. 4d. and for telegraphic transfers at Is. 4 l-32d. per rupee were allotted about 8 per cent of the amounts applied for. The following return shows the position of the Bank of England, the Bank rate of discount, the price of consols, &c, compared with the last three years: . thai the hou however, This week an old established had been At one time it occupied a very imsuspend. Mtimi oil the Stock Exchange. But it has not : i fin po: E : 1 so active recently. It is now believed that develop and that in fact the hou heavily have been relieved by strong houses stocks the weak houses held without being failures will whi''h had lost able to pay for. far as the state of markets is concerned, then, there is no reason for further apprehension in the opinion of the ied. be-' But the political situation throughout Europe is regarded generally as very serious, and nobody, in ence, is inclined to engage in new enterprise. The urn illingness to act has been increased by the report of an interview granted by M. Witte. The interview, in reality, is not discouraging. M. Witte was sure to say that his inions did not matter that he was the Ambassador Extraordinary of the Czar and that he had to obey the Czar's instructions. There is nothing in all this to cause erioun disappointment. Yet both in London and in Paris the report did cause disappointment, making people fear that peace was not so probable as had previously been hoped, h spite of that, the best informed still hold to the idea th is certain. In fact Russia is in such a position that it is incredible her Government will persist in maintaining the war. As everybody knows, Russia some month- nzo endeavored to raise 32 millions sterling in the French bank- refused to lend. Since then — , — 1904. 1903. 1902. 1901. July 20. July 22. July 23. July 24. £ £ £ £ 28,601,3(15 29,408,090 7,238.163 41,244,279 29.649.990 11,651,651 39,445,653 16,986,460 26,881,395 26.404,100 38,279,100 30,179,355 10.215.218 39.647.358 16,204,899 20,558,095 25,271,494 37,675,849 51"^ 3 50^ 1905. July 19. £ 29.9S9.150 10,756,678 44,338.873 nim't securities. 16, 752, 444 securities 29,642,689 Reserve, notes&coin.26,736.492 Coin&bull., both dep 38,275,642 Prop, reserve to lia4S 7-16 p. c_ Bankrate p.c2\4 90 1-16 Circulation Public deposits Other deposits 7,042,301 40,844,216 16,403,766 25,211,552 24,331,331 34,482,696 15,3 12,840 26,016,874 25,262,601 38,555,691 50% 52 3 s2^pc 3 3 92 13-16 92 < 26 15-16d. 24%d. 25 5-16d. 27Kd. Clear.-house returns 259.447.000 216,260,000 174,145,000 154,740,000 165,614,000 88 11-16 26%d. Silver The O.v rates for money have been as follows: . June home, and home and abroad has sought to raise 15 millions sterling at When h\<" failed i so the credit' of Russia at much.it surpasses allowed to continue. Still, belief that hostilities will be the public large at is doubtful. Bank • — —3 months 4 months • months Trade bills— 3 months 4 months bills • • • 1-16 2K<" 'Sit 'ilt ill as tl negotiations is known, it is be an increase of activity, all the more ,w upon us and the weather is ex- of the making country or who can all away get leave for the By By . Joint-stock In anticipations. ! VA to 14 with to nsion, *"'' gh practically there is as 2j| 1 Hi and open markel rales at the follows:have b • cities July 22. Hank Itnhsol Interest at July f Market. 3 • 3 • 3 • 2'4 on am 2 IV. 3 iUtr • • • 2H 2M 3 -3 2\4 m .: • H 2 2 3-16 • • teen 4 Pixley I Open : 8 2 m 4 4 1 1. . nom. 4H i 2 2 Bank Rau 2K nom. noin 5V6 3 3 2Mi July s.Ttfl I <> 1: Paris much W* IK rate of discounl ( i Mows under & Abel! write dat July 20: lik me re to the future. gr pleased << |2M 2H<fh2H days Is e 154 1 Continental Germany in regard to .Morocco. careful. And the condition of Austrian Norway and - 13-16® VA 2%@2H 2', — ll-16@lJi \r.i'.\',-.s The Bank f 2K<' 2H ; discount-houses side. I 2M July 21. 14. 1 1 2(5 . m 2H 1%®1 13-16 • . July July 7. 30. 2H of England rate arket rates thi - lookii LI still Bu1 pn mlHiy. More over, the Mor< :i public w..y mon • business in thai country ined any advantagi bj • an incidi Fn fail h< r -ma Intel- rich. I attitudi , ii: luctuatlon h ivi bei n small. u ount. while Bali a trom Ami ilns with India l .„„ Tl • i I £17.000. :u tndl p w is i • . D< i] • i.i'-'.'iw THE CHRONICLE. 538 The quotations July July SILVER. July July London Standard. 20. 13. London Standard. 20. 13. d. tf. s. d. 77 9K 70 4'A German gold coin, oz_a76 4M French gold coin, oz.«76 4'A Japanese yen, oz a76 4'A Bar gold, fine, oz U. 8. gold coin, 3,623 — "The CHANGE National 3,163 —The Commercial National Bank of Omaha, Nebraska, was placed for bullion are reported as follows: GOLD. <>/.--- s. 77 70 «70 076 a70 d. 27 6-16 27 1-16 Bar Hllvcr, fine, oz.. " 2 mo. delivery.. Bar silver, containing 9>A 4\{ 4'A 4 'f 27 13-16 275f 27 9-16 27% 27« 27 7-16 29% 29 7-16 Norn. Nom. 5grs.gold,oz 4grs.gOld, OZ 3grs.gold,oz 4>i Cake silver, oz Mexican Dollars a Nominal. The following shows the imports of cereal produce into the United Kingdom during the season to date compared with previous seasons: IMPORTS. Forty-six weeks. Imports of Wheat, cwt Barley Oats Peas Beans Indiancorn Flour 1904-05. 1903-04. 90.810,200 19.010.SOO 14,081,900 SI, 34 4,230 28,976,126 13,376,804 2,111,050 1,945,758 41,829,507 17,581,743 1,028,018 1.866,870 35,881,350 9,872.920 1902-03. 73.044.974 23,712,100 1901-02. 02.102,084 13.sii7.252 15, 191,711 1,600,108 1,400,521 30,303,742 17,157,333 1,858,539 1,706,206 40,024,012 17,952,603 20,29.5,820 |YOL. LXVXI. OF TITLE OF NATIONAL BANK. Exchange Bank of Dallas," Texas, American Exchange National Bank of Dallas." "The to LIQUIDATIONS. voluntary liquidation July 22; to consolidate with the United Slates National Bank of Omaha. The Mechanics' National Bank of Boston, Massachusetts, was placed in voluntary liquidation July 29; to be succeeded by the Mechanics' Trust Company. in 932 — GOVERNMENT REVENUE AND EXPENDITURES.— Through the courtesy of the Secretary of the Treasury, we are enabled to place before our readers to-day the details of Government receipts and disbursements for the month of July. From previous returns we obtain the figures for previous months, and in that manner complete the statement for the seven months of the calendar years 1905 and 1904. For statement of July 1904, see issue of Aug. 6 1904, page 608. RECEIPTS AND DISBURSEMENTS (000 omitted). Supplies available for consumption (exclusive of stock on September 1): Wheat Imported, cwt Imports 90,810,200 9,872,920 13,498,141 of flour Sales of home-grown.. Total The following shows the quantities maize afloat to the United Kingdom: This week. 2,820,000 105.000 qrs. 1,020,000 Wheat Maize 62,162,084 17,952,003 22,208,651 22,373,140 of wheat, flour Last week. 2.835,000 110,000 925.000 qrs. qrs. 1903-04. 3,005,000 170.000 1,060.000 and 1902-03. 2,185,000 285,000 1,130,000 English Financial Markets Per Cable. daily closing quotations for securities, etc., at London as reported by cable have been as follows the past week: The London Week ending Awj. Sat. Mon. d. 27 3-16 27 5-16 4. Silver, per oz Consols, new. iy2 per cents.. 90^ Consols, for account 90j| French Rentes (in Paris) fr.. 99.40 Anaconda Mining Co.. 5% Atch. Top. & Santa Fe 90 Ateh. Top. & Santa Fe, pref 105% Baltimore & Ohio 118 Baltimore & Ohio, pref 101 Canadian Pacific 159% Chesapeake & Ohio 57 Chicago Great Western 20% Chicago Milwaukee & St P.. 186 Denver & Rio Grande 33 Denver & Rio Grande pref.. 88% Erie, common Erie, 1st pref Erie. 2d pref. 48% 87% 77 xl76% Central Louisville & Nashville. Mexican Central Illinois 149^ 22% & Tex 29% & Tex., pref 65% Nat. RR. of Mex 38 N.Y. Central & Hudson 151 N. V. Ont.& Western 54 Norfolk & Western 89% Norfolk & Western, pref... 96 Mo. Kan. Mo. Kan. Northern Securities a Pennsylvania.. 180 73% 54% 48 47% 32% 67% 34% aReading.com a Reading, 1st pref a Reading, 2d pref Rock Island Company Southern Pacific Southern Ry., com Southern Ry., pref Union Pacific, com Union Pacific, pref... U. S. Steel Corp., com U. S. Steel Corp., pref a Price per share. 6 Thwrs. 27H 90K 90% 101 160% 56% 20% 87% 77 150 22 30 66 23% 29% 66 39% 38% 53% 89% 73% 54 48 48% 47% 32% 67 34% 47% 32% 67% 34% 101 185% 32% 89 48 76% 29 05 39 29 65 39 152 23V4 151U 150% 54% 54% 89 96 180 89 96 179 73% 53% 48% 47% 31M 66% 35% 101 73% 54% 48% 47% 32% 66% 36% 101 101 133% 134% 101 36% 101 36% 106% 106% 20 42 20 20 20 September account, 87 22% 106% 41% 72% 48% 175% 100% 73% 32'A 89 76 100% 133% 36% 56% 20% 175% 149% 73% 53% 48H 47% 32 66% 34% 101 118 86% 54% 88% 100% 134% 36% 184% 33 96 180 54 101% 160% 89% 47% 86% 151 96 180 73% 105% 39 54% 88% 96 180 105% 117% 101% 159% 56% 29% 65% 150% 151 5% 89% 20% 76 176 150 23 179% 149% 179% 101 56% 20% 185% 33% 89% 48% 86% 76% 48%. 134% 101 159 56% 99.50 6' 117% 21 186 186 33 89 90 3-16 90 5-16 99.45 105 Fri. 2VA 89% 89% 105% 117% 101% 159% 118 101 20 Wabash, pref 42 Wabash, Debenture "Bs"... 73 Wed. 27« 89% 105% 134% 106% Wabash 90« 101 36% Tues. 27U 90 7-16 90J| 90H 90^ (6)90 9-16 90% 99.55 99.52% 99.45 6 6 5% 41% 72% 36% 107 20 41% 72% 41 72% x Ex-dividend. Commercial and ptxscelUiucous|>ciUB NATIONAL BANKS — The banks is following information regarding national from the Treasury Department: July 24 1905 to Men. April. May. June. Feb. Internal revenue. Miscellaneous Total receipts Receipts 1904 Capital, $25,000. Cashier; Seymour Vice-President. Total 7 m'lhs. July. ssssss 1905— Customs $ $ 22.304 21,582 24,003 20,041 19,65922,565 17,299 16,715 19,501 17,300 19,961 20,802 3,807, 0,311, 2,764 2,437 4,139 4,584 21,590 151,744 21,089 132,667 6,594 30.636 43.410 44.608 46.268 39,778 43,759 47,951 49.273,315.047 I ! ! | Customs 21,19020,79423,71121.07618,85122.591 16,40818,00818,30117,49518,657 21,101 19,484 147,697 20,234 130,384 3,930 7.033 2.689 2,959 4,180 4,524, 7,008 32,383 Internal revenue Miscellaneous Total receipts... 41,588 45,895 44,76141,53041,688 48,216 46.786,310.464 Disbursements 1905 Civil and miscellaneous 14,573 9,65510.85415,46311,209 9,110 a21,910 92,774 War9,901! 7,704 10,273 8,324 8,968 6,824! 12,686 64,740 Navy 9.181 8,088: 9,778 9.882 9,438 8,481; 10,755 65,603 Indians 1,5141 1,334 1,686 1,045 1.120 845 9,192 1,648 Pensions 10,289 13,01312,31510,31113.848, 9,656 12,101; 81,533 Interest 4,170, 1,607] 389 3.965 2,136 373 4.029 16,669 Total disbursed 49,628^1,461.45.295 48,990 46,719 35,289 63,129!330,511 Disbursements 1904 Civil and miscellaneous 15,30010,75311.16914,46359,474' 8, 521^16,564' 136.244 War 9,276 7,702; 8,955 8,87310.577 7,829 <zl8,484 71,696 Navy 8,553, 7,775 8,879 9,403 9,405 8.949 12,164 65,128 772 1,135 656 610 901 806 Indians 957 6.837 Pensions 10.25213,57411,824 9,68913,94510,404! 12,055 81,804 Interest 222 3.972 2,116 428: 3,970 16,642 4,219, 1,716, : Total disbursed Nat. Bk. Redemp. FundReceipts 1905 Receipts 1904 Disbursed 1905 Disbursed 1904 48,372[42,655 41,705 47,010 96,418 36,997 1,814 1,990 2.412 4,608 3.629 2,813 2,861 64,194,377,351 1,493 12,587 18,139 1,789 1,317 1,504 1.618! 3,050 2,985 3,303 2,887 2.827 3.045, 1,293 2,799 12,631 20.896 3,011. 2,099 a Includes expenditures and $4,716,822 In 1904. 956 1,479 2.495 1,881 854 1,441 works which were $6,251,032 for public In July 1905 — Note. Total disbursements under "Civil and Miscellaneous" In 1904 Include $54,600,000 paid on account of Panama Canal and loan to Louisiana Purchase Exposition Company. The last Instalment of the loan to the Louisiana Purchase Exposition Company was repaid to the Government on November 15 1904. TREASURY CURRENCY HOLDINGS.—The following compilation, based on official Government statements, indicates the currency holdings of the Treasury on the 1st of June, July and August 1905. Statement for corresponding dates in previous year will be found in our issue of August 6 1904, page 609. TREASURY NET HOLDINGS. June 1905. S 216,635,551 32,264,348 70,659 13,989,705 15,247,470 13,451,530 960,881 Aug. Total cash in Sub-Treasuries.. 289, 248, 071 Less gold reserve fund 150,000,000 292,620,144 150,000,000 301,034,309 150,000,000 Cash balance in Sub-Treasuriesl39,248,071 Cash in national banks 78,457,793 Cash in Philippine Islands 3,739,479 142,620,144 76,560,862 4,028,464 151,034,309 65,715,119 3,972,622 Net cash in banks, Sub-Tr.,etc.221,445, 343 liabilities. a 90,303,965 223,209,470 80,719,147 220,722,050 90,856,319 Availiable cash balance 142,490,323 129,865,731 Holdings in Sub-Treasuries Net gold coin and bullion — Net silver coin and bullion Net U. S. Treasury notes. Net legal-tender notes Net national bank notes Net fractional silver Minor coin, etc 1 1905. $ 218,172,921 28,341,182 33,709 14,396,323 13,968,127 13 503 ,978 831,831 , 131,141,378 July 29 1905. 7,840— The First National Bank of Ovid, New York. M. S. Sandford, President; Patrick Savage, Horton, Receipts Jan. Deduct current NATIONAL BANKS ORGANIZED Certificates Issued 000 omitted. 1901-02. .114,181.261 115,455,768 112,575,447 102,383,338 .. 32s. 2d. 28s. 3d. 30s. lid 26s. 6d. .. 26s. Id. 27s. lid' 30s. 8d. 27s. Id. Average price wheat, week Average price, season Flour, equal to 1902-03. 73,044,974 17,157,333 1903-04. 81,344,236 17,581,743 16,529,789 1904-05. Juhi 1 1 1905 $ 224,372,884 30,254,962 41,425 15,249,241 17,222,511 13,070,177 823,109 a "Chiefly disbursing officers' balances." BANK NOTES— CHANGES IN TOTALS OF. AND IN — TheW.Neoga National Bank, Neoga, DEPOSITED BONDS, ETC.— We give below tables which Capital, S25 000 H. Hancock, President; Wm. T. Vice-President; show all the monthly changes in Bank Notes and in Bonds L. A. Osborne, Cashier. Legal Tenders on Deposit. The statement for July 1904 7,842 — The First National Bank of Milburn, Indian Territory Capi- and $25,000. Jas. R. McKinney, President; T. E. Pendleton will be found in our issue of A ugust 6 1904, page 608. Vice-President; T. F. Allen, Cashier. 7,843 — The National Bank of Hampton, Iowa Capital Bonds and Legal Ten7,841 Illinois. Miller, tal, Citizens' T. J. B. Robinson, President; N. W. Beebe ViceW. L. Robinson, Cashier; Chas. Krag, Assistant Succeeds Citizens' Bank of Hampton. The St. John National Bank, St. John, Kansas. Capital $25,000. R. B. Temple, President; George Sill, Vice-President; J. D. Stewart, Cashier. Conversion of the St. John $100,000. President; 7,844 — Cashier. State 1904-05. Legal- Bonds. lenders. tenders. Total. Bank. First National Bank of Hendricks, West Virginia — The$50,000. Capital Bishop W. Jennings, President; Lewis C Dyer' Vice-President; Cashier, 7,846 — The First National Bank McCumber, North Dakota Capi, of H tal, $25,000. David N. Tallman, President: David Beecher and Napoleon B. Felton, Vice-Presidents; F. E. Wood Cashier. First National Bank of Pocahontas, Virginia. Capital, $35 000 W. R. Graham, President; Jas. H. McNeer, Cashier. 7,848- -The Hamilton National Bank of Chattanooga, Tennessee Capital, $250,000. T. R. Preston, President: H. T. Olmst'ead and G. H. Miller, Vice-Presidents; C. M. Preston, Cashier; C. L Knoedler, Assistant Cashier. 7 ?49 Berkeley National Bank, Berkeley, California. Capital, $100,000. J. W. Richards, President; Benjamin Bangs and Jno U. Calkins, Vice-Presidents; W. M. Roberts, Cashier. Succeeds University Savings Bank of Berkeley. — Circulation Afloat Under. Legal- Bonds. 7,845 7,847- ders on Deposit for Bank Circulation. $ Julv 31... June 30... May 31... April 30... Mar. 31... Feb. 28... Jan. 31.. Dec. 31... Nov. 30... Oct. 31... Sept. 30 .. Aug. 31... 476,938,290 468,066,940 461,150,290 452,855,790 449,009,890 441,788,140 439,529,040 433,928,140 431,075,840 426,544,790 424,701,490 419,683,940 $ 624 471 615,771 32 ,355,624 392 461' 669,414 33 ,050,392 420 456 239,096 32 .OS.s, 120 179 449 147, 766132 ,097,179 766 444 870,179 31 ,078,766 756 43S 370,084 30 ,833,756 952 435 807,901 31 ,614,952 32,952. 371 431 841,785 32 952,371 32,731 5701 427 947,505,32 731,570 32,750 919 1424 530,581 32 750,919 34,064. 693 422 014,715 34 064,693 35,136, 473, 417 380,300 35 136,473 32,355 33,050 32,088 32,097 31,078 30,833 31,614 1 1 • 503,971,395 495,719.806 488,327,516 481,244,945 475,948,945 469,203,840 467,422,853 464,794,156 460,679,075 457,281,500 456,079,408 452,516,773 II For full explanation of the above table see the issue of Dec. 14 1901, page 1232, first item in Financial Situation. — .. . //<"<" U.S. Bonds Bonds on l> July3\ 1905. '/('( Public July 31 1905 — Secure— to Bank Deposits DCVOS Circulation. in Ii auks. Total Held. — Receipts at 4 percts., funded, 1907 4 per >i-.. 1895 due 1925. 3 percts. .'98 due 1908 is 2 per cts., 1900 due 1930. Hist, of Col., 1924 iian Islands bonds. Philippine Loan Railroad and other bonds (1, 10,".. 300 40,629,900 1,321,000 S75.000 4.041.000 J. S14.I97.IOO it, 000 10,900 16,700 IS - II 4,257, io i IHiluth S47ti,93S,-J9() Cleveland Kansas City Tot. wk.n:, same uk. Same «k. — 348.205 340 272.305 "04 '08 $495,719,806 1 Total receipts of flour and grain at the seaboard ports for week ended July 29 1905 follow: Ball imore $503,971,395 deposit to redeem national notes July 1 1905 deposited during July.. of bank notes redeemed in July notes Aug. $33,050,392 $959,498 694,768 1,654,266 redeem national bank $32,355,624 1905 1 The portion of legal tenders deposited (I) by banks becom- by banks going into voluntary liquidation, by banks reducing or retiring their circulation, was as follows on the first of each of the last five months. ing insolvent, (2) and (3) Total week — Deposits by Insolvent banks, May 1. June 1. July 1. Aug. 1. o/— Total 31,078,766 32,097,179 32,088,420 33,050,392 32,355,624 _ a Act'of June 20 I I 1 THE COUNTRY.— — Aug. Held in Aug. 1 503.971.395 17.222.511 486,748.884 432,701.873 2.901.791.907 296,889,606 2,604,902,301 2,546.589,503 Gold certificates Standard silver dollars 559,039,217 Silver certificates Subsidiary silver Treasurv notes of 1»90 United States. notes.. Currency certificates . National bank notes. 1905. Railroad< (Steam). Maine, com. (quar.) <fc Maine, prcf Chi. St. P. Minn. A Om.. rora. Boston Bo«ton & Oct. Sept. Aug. prcf.. Sept Sept Sept. Oct. rig. iruar. (quar.) . -cet bett. (quar.*). pref. 'quar.j.. ir. .''1 ran.(mthly) 26c. Aug. rooklyn .. Twenty-the Trust Companies. Klr.^s ' n (quar.) II Ami Holders Holders 21 Mulders Holders 1 Holders of of of of of 1 1 1 Ml'.'. I. In 24 rec. rec. rec. rec. rec. to Aue. 1 Ulg. 1 Aug. 1 July 28 July 21 July 29 Aue. 1 July 26 Ml'.'. :;i Ho to Aue. ur.). 15 1 .MIL'. > '.'£., d Also declare i to Ml'. ft Ml.'. 16 to 16 t., 11 to to 20 Sept. I.i Mi". 22 18 prcf. (quar.; 1 dry. pref. (quar.) Air.'. Aug. Aug. Aug. 15 ::i MIL'. July H 196,906 Flour, Oats, Rye, bbls. bush. 1,415 bush. 100 1,578 12 519,748 135,628 47.142 95,171 4,902 176,122 12.873 29,935 2,857 14.035 2,762 3,053 18,619 2.429 30,195 750 991,586 293.894 73,690 157.281 34,038 159.838 Peasbush8,529 Parley, bush. 24,956 18.973 180 12 8,709 11,767 43,929 6.276 of these exports for the • • • week and since as below: 1 is ! Exports tor week since July 1 to July Week. July 29. — Week July July 29. 1905. bush. hush. bbls. Week Jvlv July 29. 1905. bush. I bush. 1 908,329 568,809 1,508.546 168,010 391,414 1,927,847 7,494 27.920 130,540 23,869 300 5,932 116,171 240,748 66,611 60,000 54,653 68,980 3.298 15,694 ~73,690 157.281 Since Since l 1905. bbls. Corn Wheat Flour- • Since Oct. " 325,407 300,748 1,076.345 991,586 3.601,085 510.664 775.282 2,250.772 293,894 2,052,039 An;;. i 1 1 bush Parley hush 22,000 Rye. Oats. bush. hush. 685.000 146.000 , 341,000 'i T.666 112.000 12,000 131.000 547.000 SO',666 77.01)0 49,000 Montreal "ninto I 13 oiio 1 leans iton July 31 Corn. bush 183,000 ' . Philadelphia Baltimore 1 Wheat. afloat Boston 9,000 53, 41,000 l.'C. 000 16.000 480.000 289.666 214.000 344.666 1.022,000 385,666 440.000 130,666 163,060 Vi.666 1.666 7*4.666 1.312,666 2,760,006 97,666 "1*2*666 10,000 11,11110 85*666 afloat Aug. 21 to I afloat Detroit " afloat Am:. ir, kgO 16 " 2*666 71.000 1,000 3.666 Yo.666 "57.666 6,000 oT2*666 9*3*666 6*7*666 385,000 260,000 21,000 afloat ukee Aug. -'1 I " afloat William Arthur i It 6 to Ml*. 12 to Holders of rec " 2,407.0110 605, Duluth 207 afloat Minneapolis Loull ... St. i 01)11 17,000 885*666 101 OIMI 79.000 3.000 afloat & Kansas City Peoria Indianapolis Son: .-, I 12 A Bureau Val.RB Corn Exch. Hank Peo. Co. 200 375 I $1,000 Columbus Gas Cm. 5s, 1932 • .'.. , mi MiwLwippi River On Lakes Stock*. 100 Wor, metery "..$100 lot „. „ ot Ml 2. Farmers' Loan: A Tr dty Corp 100 50 nite \ it Bull 90 .10 Mechanics Bk.of Hrooklvn 250 : 19,838 Total week 300.748 time. 1904... 775.282 11 Holi Auction Sales.— By Messrs. Adrian H. Muller ' bush. 84,004 New York 16 Sept. Sept Sept. Corn, bush. Same A ML'. 26 Ug. Aug. Aug. 'quar.) .. I>. to to to rec to to i.i. - ;oar.j Iron Wheat, The visible supply of grain, comprising the stocks in granary at the principal points of accumulation at lake and seaboard ports, July 29 1905 was as follows: 15 Holders of rec. Aug." 10 I * 103.990,441 Buffalo tr.) 1 162.428.798 30,717 12,060 S o. and Cent. America 16,569 West Indies 11.399 Brit. No. Am. Colonies... 1,588 other countries 1,357 ineovs. (qu I 86.412.893 United Kingdom Days Inclu 1 com. (quar.) Wctabach Co bush. 110.991. 598 Books Closed. • Amfrl'-an Radtt Anvil can 64,471,933 11,501.403 24,716.644 1,503.659 1,796,802 The destination lljnks. ,r.) compare 57,446,835 68,511.883 31,204.902 2,269.706 2.995,472 I'hiladelplha Raiiwa>5. Cal.Gas AElec.i to July 29 25,600,407 34.009,361 24.597.309 1. 686,563 519.253 Total Total 1904 When 1 bush. 14,318.446 bush. 65,323.059 ...bush. 26.901.343 bash. 4,246,835 201.915 bush. — Baltimore New Orleans Montreal Mobile eminent Payable. Orleans for foreign ports on 1902. 11,559.695 Boston and Per ... 4 New York 644,112,980 500,864, 129 70,581.561 459,521,910 94,577.050 12,550,766 331.679.234 Cent. 1.965 2.278 The exports from the several seaboard ports for the week ending last Saturday are shown in the annexed statement: 1904. S _. Company. of New 08,845 13.957 1903. 12,092,419 Total grain $ 650,616,580 493,437,879 73.586,898 458,518,951 101,437,759 9,123,575 331,431.775 DIVIDENDS. Xame 967.353 735.505 1 114,507.936 9.165.000 346.681,016 $ Gold coin and bullion. 1.368,427.343 Total.. — Treasury. S 199,398.794 24,974,090 19,302.319 7,631.049 13,070,177 41,425 15.249.241 States. Rye Exports irorn STOCK OF IN The following table shows the general stock of money in the country, as well as the holdings by the Treasury, and the amount in circulation on the dates given. The statement for August 1 1904 will be found in our issue of August 6 1904, page 609. — Stock of Money A ug. 1 1905 Money in Circulation In united 1,472.603 599.749 1904. 10,517,745 bbls. I 1874 and July 12 1882 MONEY 34*933 750 1905. 5,795.567 Flour... Barley $ $ $ $ 127,354 206,189 161,139 150,037 1S8.607 Liquidating bks, 13,957,635 14,407,761 14,185,059 15,713,001 15,286,256 Reducing under Act of 1S74. a 16,932,524 17,562,064 17,697,172 17,176,252 16,919,331 1,965 1,400 371,881 12,873 Total receipts at ports from January as follows for four years: Corn Oats 1. I I 66,965 93. SO,", a Receipts do not include grain passing through through bills of lading. Receipts bush. 107,442 27.858 88,000 10,900 991,803 1,144.800 166,570 224.099 Week 1904 Pye. bush 44.300 18,945 5,600 17.1,00 19,279 57,500 26,400 296.014 Parley. hush lis. 527 21,528 10,437 2,429 Wheat. April Legal Tenders. 127.2 IS 1 280, (ISO Oats. :, bank Amount Amount deposit to bush. 803,025 228,58 (ialveston Montreal Mobile Amount on Amount on Orleans. a Corn, hush 139. 200 bbls. 74,095 22,145 22,091 22,605 2,350 10,418 Boston New Wheat. Flour, — New York Philadelphia 1905 87,809 94.22 1 95,184 the 8,251,589 d-Tenilcr Notes — 2, 171), His 1 Richmond notes afloat Aug. 523,278 292,242 226,288 4,021.330 2.049.117 3.374.312 3,207.701 2,770.185 7.285. Oils 4,621,977 3.919,346 Receipts at $10,524,848 2,273,259 Rye. 1 — issued during July retired during July Barley. Since Aug. 1004-06... 17,060.868 218,646,796 191, 70S. ssi 165.636.347 65,870,686 6.671.652 1003-04. 10,259.953 220.288.126 171.474,053 15S.933.00S 05,40:1.498 7.749, 5s5 1002-03... 20.512.563 248,809,963 166,2 192,151,97 55,835,643 8,392,250 curity for deposits $73,754,300. The following shows the amount of national bank notes afloat and the amount of the legal-tender deposits July 1 and August 1, and their increase or decrease during the month of July. Total afloat <nal Bank Notes Amount afloat July 1 1905 .. l.ouis St. $546,735,590 The foregoing does not include the bonds held in the New York Sub-Treasury against deposits in banks. There were held on July 31 $3,957,000 bonds, making the whole amount at that date in possession of the Government as se- . Detroit l.oil ,000 Oats. i 1 Minneapolis rolodo 2,918,500 Corn. Wheat. bush Mi lbs. bush. 56 lbs. &».vA.32 Ihs. bush.is/hs. bU.bCtlbs 62,0110 1,91 1,800 169,780 127,488 1,602,810 1,940,250 128 700 14.100 65,600 9,600 105.000 89,760 34, 128 3,378 16,680 2,469 312,470 3. MO 1,099.150 69,600 131,420 83.000 11,500 5.000 54,010 32,368 116,968 56,289 72,145 180,430 I 162 i.i 1,310.953 98 349,125 1,760 6.000 40.765 i.i, 389,200 10.800 96,200 2,400 15,750 144,000 2,888,000 869,000 Chicago Milwaukee 876 IS..-,oo Hjiir. bbls. 1,321,000 $69,797,300 Total $22,858,000 9,639 10i362,740 494,719,650 164.089,750 .->:i9 Breadstuff s Figures Brought from Page 671. The statements below arc prepared by us from figures collected by The receipts at Western the New York Produce Exchange. lake and river ports for the week ending last Saturday and since Aug. 1, for each of the lasl three years, have been: following shows th<- amount of eacn class of bonds national bank circulation ami to scenic public against held moncvs in national bank depositories on July 31. The Amount bank . THE CHRONICLE. A.T7G. 5 190.5.1 Amount Amount . . ! la< 8 • On 1905. 13,364 000 1908 1.875 oixi 190 1903. 13 415.000 '.ug. 2 1902.21.07:1.000 1 I i :n i ion 0OO 405. (KM) 2 1.000 Canal and River. Total July 29 ruly22 Total July 30 Total Auk'. 1 89 ooo ) 649.966 181 100.000 161 5.311.000 5. I'll. ooo 5 H 19 , 7.'281 710.000 4. 808. 000 n ooo OOO nun ; , 2.375 iiiiii I mm ().-, 148,01 XI .'71 000 1.15.000 THE CHRONICLE 540 Banks,— Statement New York City Clearing Honse oondition for the week ending July age of daily 29, 1905, of based on aver- results. We omit two ciphers (00) in all cases. New York City, Boston and Philadelphia Banks.— Below of the weekly returns of the Clearing House Banks of New York City, Boston, and Philadelphia. The New York figures do not include results for non-member banks. is summary a We omit two ciphers (00) Capital BANK<v Surplus. Capital. Loans. Leyals. Specie. \Depo8iU Be- 00a omitted. Bk. of N. Y. Co Merchants' Mechanics'. Manh.-it. America Phenix City Chemical .. Merck. Ex . Gallatin .... & Drov Mech.&Tra. Greenwich Amcr. Exch Commerce.. But. People's ... ... N. America Hanover ... Irvine Citizens' .. Nassau Mar.cfe Fult. 8hoe.fcJ.thr Corn Exch Oriental . ... N.Y.Nt.Ex. Bowery ... N. Y. Co.. German Am Chase Fifth Ave.. German Ex. Germania .. L.135,5 8,468,4 3,847,5 218,8 17,480.7 7,688,7 365,8 2,234,4 119,9 372,9 554,8 3*00,0 First ham 2.604,3 2,559,8 2,000,0 :;, ooo.o 1,500,0 1,000,0 26,000,0 300,0 600,0 1,000,0 10,000,(1 Glial 4,20ii,0 12,113,0 4,371,9 630,4 1,045,5 429,7 2,021,8 0,001,5 1,088,5 034,4 315,2 1,385,8 429,1 3,301,0 1,114,7 6,718,9 7,324,7 109,0 3,015,9 1,619,4 15,914,3 883,1 771,0 729,5 1,000,0 250,0 200,0 750,0 1,000,0 100,0 200,0 200,0 54(3,4 4,399,5 1,769.5 728,6 876,8 1,42^,6 1,287,7 418,5 300,0 Garfield Fifth Bk. of Met.. West Side.. Seaboard .. latN.Hklyn Liberty N.Y.Pr.Ex New Amst. As tor 1,000,0 250,0 1,000,0 200,0 500,0 300.0 1,000,0 1,000,0 500,0 1,481,1 659,6 1,471,9 625,3 2,038,0 484,6 580,9 594,6 350.0 Total ... 3 $ $ 2,ooo,o 2,050,0 Imp. & Tratl Park East River Fourth Second Mercantile 18.915,0 26,276,0 14,441,1 22.118,0 25,517,2 5,372,0 200,515,9 25,50 1,1 6,069,0 8,675,3 2,102,4 4,972,0 3.960,5 28,995,0 162.39 l.c, 23,002,2 3,539,7 6,124,0 2,232,2 15,600,3 49,247,9 7,302,0 16,288,3 3,319,5 6,840,5 6,364,0 31,915,0 8,884,3 24,345,0 72,501,0 1,262.5 21,630,9 9,628,0 110,576,5 8,852,4 '3.310,0 5,029,2 4,355,6 50,180,5 9,951,9 2,929,8 2,646,9 12,^80,5 7,323,1 2,517,4 9,185,1 4.0*8,0 14,487,0 4,441,0 11,509,2 5,365,9 5,776,0 4,3s0,0 $ $ 3,197,0 1,680,0 19 -," 8,2 2, 2,999,9 8,620,0 1,596,2 2,260,0 2,489,3 289,0 P.O. $ 18,839,0 26-5 32.48. .0 32-9 18,060,1 -'!> -4 22,910,0 2.1-1 28,770,8 26-6 4,499,0 .'0-4 1,019,1 207.611,8 28-2 2iv6 1,876,5 24,21 636,0 6,825,4 J 0-8 600,7 6,82 1,0 26-4 2,748.* 23-8 64,9 5,010,0 24-3 602,0 433.7 4.201,1 i5-o 2,062,2 22,798,1 J 0-9 13,2,0.0 150,462,3 .'.;() 1,421,3 20.131,8 6*2 443,0 3,888,1 206 978,3 6,226,6 J 0-2 079,0 2,748,1 29-6 1,840,7 14,302,1 23-3 5,550,3 57,01':;. 249 534,4 6,894,0 24-2 2,192,3 20,515,4 Jb-6 425,4 3,879,1 J3-4 647,7 7,140.* 301 376,7 8,751,0 26-6 4,492.0 39,259,0 J.) -2 422 2 9,325,5 2 3 1,362,0 21,922,0 25-5 6,860,0 85,679,0 27-6 199,3 1,442,3 24-8 2,605,4 25,051,4 26-4 1,877,0 10,550,0 23-6 2,563,6 106,398,0 lo-Z 520,0 8,526.0 iii'i 238,0 3,715,0 20-2 454,5 5,933,4 22-9 4,219,1 22-8 191,8 1,928,5 59,793,6 253 402,5 11,191,6 26-0 890,0 3,742,2 29-2 644,7 5,379,7 20-7 2,728,1 14,132,6 2b -6 244,7 7,299,5 250 145,9 2,642,0 27-0 726,1 10,741,3 23'9 344,0 4,624,0 24-7 1,698,0 17,195,0 26-9 851,0 4,924,0 30-0 250,0 10,233,3 27 -8 436,4 6,160,1 261 794,6 6,803,8 23-4 262,0 4,280,0 2o8 5,105,,. 1,037,0 47,6 4.315,7 1,194,6 1,170,3 592,1 1 762.0 655,3 4,077,0 24,471.; 8,861,9 359,0 658,6 136,7 1,497,:; 8,850,9 1,138,4 3,070,2 1 485,-' 1,508,5 1,966,0 5,436,0 1,727,1 4,242,0 16,830,0 160,2 3,878,0 614,0 24,292,1 1,636,9 513,0 009,0 773,2 13,335,4 2,518,0 205,0 468,1 888,7 1,584,8 570,2 1,843,7 799,0 3,041,0 027.0 2,547,6 1,192,0 813,6 845,0 115,972,7 139,492.8 11448474 224,830,7 90,411,5 11997449 26-2 t t Total United States deposits included, .$8,456,900. Reports of Non-Member Banks. —The" following is the statement of condition of the non-member banks for the week ending July 29, 1905, based on average of daily results. We omit two ciphers (00) in all Loans & BANKS. Capi- /Sur- 00s omitted. tal. plus. NT. HANK* BwrplAU Loans. Specie. Leg. 1. N. Y. J'ly 8 J'ly 1 J'ly 22 J'ly 29 Man&Br'nx ... Chelsea Ex. Colonial Columbia .. $ 100,0 100,0 100,0 100,0 300,0 Consol. Nat. 1,000,0 Fidelity 200,0 14th Street. 500,0 Hamilton .. 200,0 Jefferson .. 400,0 Mt. Morris 250,0 Mutual 200,0 19th Ward . 200,0 Plaza 100,0 Biverside .. 100,0 State 100,0 12tk Ward . 200,0 23d Ward.. 100,0 Union Exch 750,0 United Nat. 1,000.0 Yorkville .. 100.0 300,0 Coal & 1. Nat Metrop'lit'n l.ooo.o 84th Street. 200,0 Borough CircuClearinr/s. lation. 1 : 1 1 ! Huh. J'ly 15 4'.', 139, 191,671,0 42,139,6 193,52 7, (I 42,139,5 193,034,0 jay 22 J'ly 29 19,194,0 19,1.17,11 18,453,0 6,677.( 232,933 6.963,0 227.19 1,0 7,058,0 223,052,0 $ 146,5 68,6 67,6 291,9 367,4 1,055,1 120,0 60,8 139,7 366,8 125,7 244,1 203,8 265,5 107,2 880,9 133,0 116,8 577,1 163,0 302,3 212,7 47,900,0 221,031.0 47,960,0 220,73 -.O 47.90,1',!, 220,895.0 64,811,0 66,498,0 07,597,0 20,0,0 205,0 3,180,1 6,051,0 3,910,4 796,2 4,443,9 4,121,6 3,054,9 2,618,2 3,347,7 2,427,5 3,560,0 1,491,0 9,046,0 2,034,0 1,636,0 6.227,5 2,195,6 2,017,8 2,637,7 2,907,1 1,190,6 $ 21,0 26,6 37,6 68,3 297,0 428,5 17,7 173,3 237,1 8,5 145,3 27,6 27,7 144,0 13,6 556,0 37,0 54,5 93,0 243,1 45,3 454,0 155,4 262,9 20,.',, 129,520,7 125,130,7 121,011,9 500.il 12,775.0 t Including fur Boston and Philadelphia the Item "due toother banks,." and al.so Government deposits. i-"or Boston these Government deposits amounted on July 29 to $1,431,000; on July 22 to $1,388,000. — Imports and Exports for the Week. The following are the imports at New York for the week ending for dry goods July 27 and for the week ending for general merchandise July 23 also totals since beginning first week January. ; FOREIGN IMPORTS. ' For week. 1905. General Merchandise Total. Since Jan. 1904. 1903. 1902. $2,606,737 7,704.939 $2,305,444 6,397,668 $2,440,323 9,552.901 $2,406 640 7.944,309 $10,311,676 $8,703,112 $11,993,227 $10,350,949 $80,470,161 323,026,250 $69,673,303 271,486,929 $78,328,577 271,54 0,432 $71,506,058 217,723.070 1. Dry Goods General Merchandise Total 30 weeks $403,496,411 $341,100,232 $349,875,009 $319,229,128 of dry goods for one week later will be found our report of the dry goods trade. The following is a statement of the exports (exclusive of specie) from the port of New York to foreign ports for the week ending July 31, and from January 1 to date. The imports in NEW YORK EXPORTS FROM For the week Previously reported.. Total 30 weeks FOR THE WEEK. 1905. 1904. 1903. 1902. $10,137,460 295,772,673 $8,361,276 269,718,365 $9,408,764 284.174,538 $7,003,578 270,906,772 $305,910.133 $278,079,641 $293,583,302 $277.910,350 Note. — As the figures of exports as reported by the New York Custom House from week to week frequently show divergence from the monthly totals, also compiled by the Custom House, we shall from time to time adjust the totals by adding to or deducting from the amount "previously reported." The following table shows the exports and imports of specie at the port of New York for the week ending July 29 and since Jan. 1, 1905, and for the corresponding periods in 1904 and 1903. EXPORTS AND IMPORTS OF SPECIE AT Gold. Deposit with Week. NEW YORK Imports. Since Jan. 1 Week. Since Jan. 1. Net Notes. $ 7,707,1) 262,986,0 12,738,0 J62,7«7,0 12,728.0 Exports. Specie. $ 738,0 924,5 580,7 15 7,077,1 112,531,5 131,43*,4 7.717,0 I'liiln. J'ly 15 J'ly 22 J'ly 29 Clear' ti Other Deposits Agent. Rks.&c Great Britain 24.1 33,8 18,3 292,6 227,0 68,4 37,2 213,7 158,1 135,8 95,2 286,9 229,2 180,0 111,5 278,0 198,0 100,-, 308,9 60,1 242,9 325,1 50,8 39,0 $ 92,8 46,8 42,0 363,7 486,0 332,1 $ 51,1 56,9 240,5 3,7 25,0 65,2 324,7 94,6 253,4 223,8 241,6 070,0 469,0 5,0 310,0 175,8 56,2 66,6 $ 629,7 843,8 678,8 3,840,9 6,428,0 2,318,6 765,8 4,945,4 4,638,1 3,118;2 3,252,8 3.542,8 24,4 o.rjo,;) 70,7 85,5 165,0 1,299,0 168,0 85,0 108,7 180,8 723,5 200,0 82,4 185,7 215,0 647,5 80,4 147,7 761,3 106,6 60,8 4,002,0 1,637,9 10,652,0 2, 538,0 2,054,5 6,394,0 1,239,2 3.051,7 3,698,2 2,794,3 1,269,4 -5 6 5,119,621 71,300 7,250,000 8.000 9,116 4,936 33.6HO 3,559 472,066 182,438 914,103 109.009 $5,000 $37,686,947 64,472,900 3,000 2,300 32,806,301 $51,216 30,392 20,797 $6,274,729 6,391,379 3,660,295 $449,894 $17,216,466 538,335 $6,747 12,892 109,981 4,000 687,499 9.057 23,879 70,621 4.207 $12,566 20 54,646 857,79* 1,206,933 19,804 : Total 1905 Total 1904 Total 1903 Silver. Great Britain France $5,000 Germany West Indies Mexico South America Total 1905 Total 1904 Total 1903 $449,894 $18,578,830 797,915 24,764,877 428,355 19,335,533 1,248 $106,702 88,053 64,254 $2,151,663 577,998 1,002,888 Of the above imports for the week in 1905, $200 were American gold coin and $5,455 American silver coin. Of the, exports during the same time, $5,000 were American gold coin and were American silver coin. Auction Sales. of $330,922 4,266,136 $1,500 25,236,520 Germany West Indies.... Boroughs of Century DepotltsA Legals. $ $ $ 9 255,466,6 11164585 210,071,8 86,562, * 1683051 48,859,9 1,099,689,1 266,465,5 L073081 220,102,1 89.115,7 1690182 19,157,1 1.722,5911,1 177.19-2 255,465,5 L263667 220.190,6 89.109,1 1,439.283,3 255,105,5 11448474 90,411,5 11907440 48,804,6 1,402,125,7 cases. Y. CITY. Wash. Hgts in all t/i?se /i'/ures. -I I've. 700,0 500,0 5,000,0 25,000,0 3,000,0 422,7 450,0 200,0 2,000,0 3,000,0 1,000,0 2,550,0 500,0 1,000.0 1,000,0 2,000,0 750,0 1,500,0 3,000,0 250,0 3,000,0 300,0 . [Vol. lxxxi, —See page preceding. Brooklyn. Boroush ... Broadway . Brooklyn .. Mfrs.'Nat.. Mechanics' Merchants'. Nassau .Nai Nat. City North .. Side. 17th Waril Union Wallabout . Jersey City First Nat... 200,0 150,o 300,0 252,0 500,0 100,0 300,0 300,0 100,0 100,0 100,0 200,0 100,0 106,2 1,954,8 362.2 2,600,4 109,5 1,699.4 607,8 3,667,0 530,9 10,081.7 77,5 1,716,2 806,2 5,093,0 598,4 3,450,0 183,8 1,328,0 199,8 1,761,4 712,4 98,4 184,'.' 3,178,6 925,3 102,6 24,4 14,1 133,1 188,9 110,8 291,7 349,7 64,9 11,2 219,0 152,0 21,4 78,8 152,4 426,7 340,7 594,7 150,7 865,9 1,271,8 125.0 173,3 507,0 1,309,0 322,0 557,0 94,8 53,0 134,8 308,9 11,5 56,7 75,5 132,2 200,0 39,3 316,0 50,0 67,2 119,4 2,173.4 2,890,1 49,0 2,000,6 399,8 4,622,6 247,5 12,293,2 87,1 1,981,9 5,895,0 306,6 4,235,0 389,5 1,688,8 112,0 2,185,5 159,9 840,9 912,8 4,356,5 148,1 1,046,7 400,0 1,118,7 4,457,6 168,3 250,0 250,0 200,0 663,4 122,4 3ul,4 2.311,4 900,5 1,537.6 93,8 61,6 41,3 315,1 1,873,3 1,313.0 80,6 23,9 77,5 312,2 172.8 390,5 262,9 22,3 25,0 2,265,0 110,0 125,0 546,3 169,2 2,592.1 1.418,0 183,2 39.7 19,9 49,8 189.1 382,9 92,6 2,748,5 Hudson Co National Second Nat. Third Nat.. . Ranking 1 1 05, 'J & Spencer Trask Co., Investment Bankers. We transact a general hanking business sell and purchase investissue circulars describing short-term and long-term high-grade bonds; execute commission orders upon the New York Stock Exchange and in the financial markets of the leading cities. We also have "special representatives in all of the principal cities. ; ment securities; 6,432,0 Branch Office, Albany, N.Y. 922.9 .1,426.4 Tot.J'ly29 116<70 134490 1231898 5.655,9 7 225,3 147530 9.008,6 1392051 Tot. J'ly 22 116370 134490 1232277 5,752,0 7,289,9 153574 9 646,2 1402680 Tot.J'lyl5 116370 134490 1242516 5,530,4 7,419,3 156812 9,771,8 1429031 William and Pine Sts., New York. Moffat 1,838,9 Hoboken. First Nat... Second Nat. HMfl ffitxatitial. 5 & White, Members New York Stock Exchange, - HANOVER BANK BUILDING, NASSAU STREET, .Dealers in Investment Securities. COMMISSION ORDERS EXECUTED FOR CASH ONLY. 7 Aug. '. THE CHRONICLE. 5 1905.1 tor Dividend* see page sjo. 1903.—3 P.M. \\.\M. BTREBT, FRIDAY, AUG. The Money Market and Financial situation. —The eenera] situation has changed so little during the week that whatI ever fluctuations have occurred in security values are attrib utable ehietlv to specific causes. The latter are iu some Cases quite obscure, notably that of Delaware Lackawanna & Wesfa in shares, which sold on Thursday of last week at 395 this week at 440, an advance unaccompanied by any developments or information affecting their value. Central of New Jersey and Minneapolis St. Paul & Sault Ste. Marie advanced 11 and 18 points, repectively, under similar conditions, while a large portion of the active list has moved within a narrow range. and 541 ' distributed throughout the week. As in the stock market, th^re is a noticeable increase in the proportion of industrial issues, including Central Leather. Colorado Industrial, American Ice, U. S. Reduction & Refining and Steel Corporation, the latter showing an advance of a point. Some of the low-priced bonds have been strong features. Central of Georgia 2d incomes and Mexican Central lsts are about 2 points higher and Colorado Midland 4s have moved up to 75. Other changes in the active list are less importa t. I i/lted Statea Bonds.— Sales of Government Bonds at the Board are limited to $6,000 3s, coup., 1908-18, at 104^, and *20,000 4s, coup., 1907, at 1C4}^. The following arc the daily c losing quotations; fur yearly range ste third page fotloici.-.g. registered 1980 2a, Interest July /trials 19 Q —Ian i(>:;-„ Jv ' >/ Any Aug Aug Aug 1 2 1 1 81 '103*8 «10o7„ 103 v io:i?H io;;-„ -103 6 Js, 1030 coupon q— Jan 6 «!();;> 103?* 8 The Government estimate of the cotton crop made up to 2s, 930, srnall.registered thau had generally been small coupon favorable exless 2s, was U'30, Julv 25th 10:;', in:;', Mi;,'., •103'i in:;', registered Q—Veto l03Vi 1918 pected and reports from private sources of damaging rust in 3s, Id.:'; cou poii Q—Feb •104 103 * »103 4 8s, 1918 104"H, spring wheat are again current. As it is yet too early to 3s, sis, srnall.registered Q —Feb L9 18, small coupon Q — i'<i> *io5" -ibs" *il03 •i'0'3"' io:i" *io.i" make a reliable estimate of either crop, however, these re- 3s, 104 '104 •104 '104 101 is, 1907 104 registered Q—Jan •1111 ports have had little influence upon security values. Of Is, u coupon Q —.Inn •km 104 101's 104 •131 *182 *131»4 K'.P', '132 M313.1 is, registered 1926 <J—Feb more importance at the moment is regarded the ap- Is, 1926 "132 coupon Q— Feb 193 a 132 r.\: 133 132 and the markets Portsmouth, proaching peaoe conference at * This is tho price bid at the morning board; no sale was made. for Russian and Japanese securities abroad have moved in Railroad and Miscellaneous Stocks —There was more to the probable prevailing sentiment as sympathy with the outcome of the conference. With the most vital interests than the usual activity for the season in the stock market on of the country and the world so largely problematical, it is Monday, when about 850,000 shares were traded in; but the not surprising that business in Wall Street is of a more or volume of business steadily grew smaller until to-day, and throughout the week price changes have been decidedly less hesitating character. The open market rates for call loan s on the Stock Exchange irregular in some cases sensational. Lackawanna sold at 440 on Thursday, an advance of 45 during the week on stock and bond collaterals have ranged from Vi to 2 34 p. c. To-day's rates on call were 1%(22 p. c. points within a week. Of the same group Central of New Prime commercial paper quoted at ±@i}4 p. o. for endorse- Jersey is 11 points higher, Delaware & Hudson 5 points, and Reading has been conspicuously active and at times strong. ments and 4L|@4^ p. c. for best single names. '•SooLine"commonhas advanced 13^pointsand Duluth South Bank of England statement on Thursday The weekly 7 *103' •103 1 • < • l 1 1 • 1 • ', • 1 1 1 I >., — of £1,137,255 and the percentwas 47 "45, against 48*67 last week, the discount rate remaining unchanged at 2 % per cent. The Bank of France shows an increase of 3,025.000 francs in gold. NEW TORE CITY CLEARING-UOUSF, BANKS, showed a decrease in bullion age of reserve to liabilities W inferences iyu5 July 29 1903 1904 July 30 from previous week Aug 115,972,700 115.972,700 134.323,400 139,492,800 Loans & discounts 1444,847,400 Inc 18,480,700 1,097.333,100 Circulation 108,600 38,962,900 48,804,600 Deo Net deposits ... •1,199,744,900 Inc 22,346,700 1,204,9(55.600 Specie 271,182,900 224,830.700 Inc 4.640,-inO Legal tenders.. 90,411,001' Ino 1,302,500 86,048,100 Capit.il Surplus Beserve held... 26 315,242,20C Tno 299,936,226 Inc p. c. ot deposits 357,231,000 301,241,400 5,942,700 5,586,675 1 $ 109,922,700 129,168,900 908,864,500 43,S62,8O0 909,857,700 170,733,300 80,786,200 251, 524,500 227,464,425 356,025 65.989,6001 15,305,975 Ino 24,060,075 Surplus reserve '.56,900 United States deposits included, against $8,526,500 last week and [(23.353.700 lie corresponding week of 1904. With these United 8tate< deposits eliminated, the surplus reserve -would be $17,420,200 on July 29 and .?17,0S1,575 on July 22. B >ie. Returns of separate banks appear on the preceding page. & Atlantic issues have beeu notably active at advancAtlantic Coast Line is nearly 5 points higher ing prices Southern Railway issues have been in request on the very favorable preliminary figures of the annual report, showing net earnings of about $1,000 000 in excess of previous year. On the other hand many prominent stocks, including Atchison, St. Paul, Erie, New York Central, Pennsylvania and Union Pacific have fluctuated over a narrow range and are practically unchanged or lower. Somewhat more interest has been manifested in the industrial list, with the result that several are substantially higher. Pittsburgh Coal preferred recovered 7 points of its recent American decline, not all of which has been retained. Smelting & Rafining has advanced 7 points, Anaconda 4, Air Brake 5, Pressed Steel Car over 5, Consolidated Gas 3 and American Sugar Refining 214 points. For daily volume of business seepage 5$9. The following sales have occurred this week of shares not represented in our detailed list on the Dages which follow. Shore t — — Foreign Exchange. The foreign exchange market, after a fall on Saturday of last week, became dull with comparatively slight fluctuations in rates and a firm undertone. To-day's (Friday's) nominal rates for sterling exchange were 4 85>£ for sixty day and 4 87% for sight. To-day's (Friday's) actual rates for sterling exohange were 4 8480 @4 8490 for long, 4 8655@4 8660 for short and 4 6680@ 4 8690 for cables. Commercial on banks, 4 8455@4 8485, and documents for payment, 4 83%@4 8480. Ck)tton for payment, 4 83%@4 b%% cotton for acceptance, 4 8455@4 8465, and grain for payment, 4 8475(34 8480. To-day's (Friday's) actual rates for Paris bankers' francs were 5 18^*@5 lfc^ for long and 5 16^f@5 16^ for short. Germany bankers marks were 94"%f^94% for long and 95 l-ie-aOj^t for short. Amsterdam bankers' guilders were 40 5-16f(?40 5-16 for short. Exchange at Paris on London to-day, 25 f. 15c; week's range, 25 f 15V£c high and 25 f 15c. low. The week's range for exchange rates follows ; . . •Lcng.bterling Actual 4 8480 — High.... I Low I 4 8470 H>(fh....| 5 Low 18V 5 18'i* ©4 8490 ® 4 8655 4 8480 4 8640 ® 5 18>s 5 6 a ® 9413 18 far i* Bankers' Francs— High....! Low | l).;34 94'i l9 U4»4 19 Amsterdam Bankers' Guilders— Hlirh....| Low Lew: *li«oil%. | t ® ® m of 1%. 1 ® ® 1 8660 4 8650 4 8680 4 6660 @ 4 . 8690 a 4 8070 16V ® 5 16*8 16V ® 5 16 7a 95i l9 @ 95V 95i a 5 18 3« Germany Bankers' Marks— | -Cables. -Short.- 40» 19 * I 4o>, | J 3 32 of x%. ® V 95 •3 40<s a le 40Bi 9 * Plus : 'i i I 18 or 1%. ** i 32 of 1%. The following were the rates for domestic exchange on New York at the under-mentioned cities to-day Savannah, : buying 50c. per $1,000 discount; selling 75c. per $1,000 premium; Charleston, 12J^c. per $1,000 premium; New Orleans, bank, 35c. per $1,000 discount; commercial, 60c. per $1,000 discount; Chicago, 25c. per $1,000 discount; St. Louis, 40c. per J1.000 discount; San Francisco, 50c. per $1,000 premium. State and Railroad Honda.— Sales of domestic State bonds at the Board include $3,000 Tennessee settlement 3s at 96 and $95,000 Virginia 6s deferred trust receipts at 13V to 14%. The market for railway and industrial bonds has been relatively steady and firm and the business pretty evenly STOCKS Week Ending Aug 4 Amer Beet Sugar, pref. Amer Woolen rights assoo Merchants 1st pn Sales for lfit 11,355 101 101 Cleve Lor & Wheeling.. ioe Det South TrCooertfs... 601' Pref trust receipts 4 Denv G, stmpd.. 200 Ft Havana Eleo By l.ltO W Preferred Keokuk & Pes Mo, N Y Dock Co, pref 1,100 pret N Y & N J Telephone ... 200 101 Northern Central Ontario SUver Mining... 34 101 10C fceourlties 111 Cent'i stock trust certificates 558 BB U 8 Leather Preferred Mange for week Range since Jan. 1. Week 84 Aug 2 84 Aug 2 20O.Ang 1 27>«cAug 2 993 «J'ly28 72 9 Aug 1 J'iy3) J'ly31 98\J'ly29 72 9 Aug I JUy31 85 Mar 27^cAug J ax, loo 72 Aug 90 Feb 77 8 Jan J'ne 11 42 J'ne Hi J'ly 39 J'ly J'ne 42 Aug Aug ? 72 Aug 2 44 Jan 74 J'ly 15 Apr 19*< Aug 18 Hi J'ly 29 lh 34Aug 4 50 J'ne 65 1« J'ly 64 Vi J'ly 3' 65 J'ly29 40 May 62'sMar 51 Aug 2 62 Aug 4 67 Aug 2 69 Jan 67 Hi J'ne 67 Aug 2 170 Aug 2 167 Jan 174 Mar 170 Aug 206 Aug 2 408 Aug 2 206 Aug 20S Aug 40 72 i 'i 1 Aug 4 1 Aug 4 1 95 Aug 1 98 Aug 1 92 13' <J'ly2t' 13><iAug 1 801 110>*J'ly31 llli2J'ly2B 1,190 20o. Aug 9« Aug 4 Feb Jan 98 Aug 14«8 Jan 11 Apr lOOTgJai: lllWly Outside Market,— Trading in the market for unlisted week, outside of the few stocks that have been supplying the bulk of the dealings for some time, has again been on a limited scale. Chicago Subway furnished one of the principal features, both as regards activity and fluctuations; in the early part of the week these shares advanced from 84 to 87,%, the highest price yet attained; but on Wednesday there was a break to 83j^; later there was a rally to 87, but to-day weakness again developed, carrying the price back to 83J^; the final sale was at 84 J£. This stock was under pressure in the Chicago market also, where the price dropped as low as 81}£. Interborough Rapid Transit continued its upward course, selling from 211% to 220^; the securities this close to-day was at 219. Northern Securities, in which interest has been decidedly light for some weeks past, to day displayed renewed activity and strength on transactions aggregating 3,300 shares for the week; the price of this stock rose 2% points to 177%, and closes at 177. The "Stubs" declined from 287^ to 2ti2J^. Bethlehem Steel common ran up from 32% to 34^, while the preferred g ined 2 points to After an advance of to S?6J6, Greene Consolidated Copper sank to 23% and clo3es to-day at 24!^. Greene Consolidated Gold dropped from 5 to 3% and ends the week at \}i; the an>. ^ nouncement that the company's mine had been shut down temporarily on account of the rainy season was responsible for the slump. United Copper common ran up from 31% to 34^, but subsequently reacted to 32j£; the preferred advanced 8^ points to 78, with the final sale to-day at 77/g. Outside quotations will be found on pagje 548s New Y ork Exchange— Stock Stock Record, Daily, Weekly and Yearly TWO PA(iKS OCCUPYING 8TOCKH—H1UHKHT AND LOW AST Saturday July ay Monday Wednesday Tuesday Aug July 31 Aug 1 8ALI: PRICKS triday Thursday Ann 2 STOCKS NEW YORK EXCHANGE Aug 4 : Kil 87*8 P8 102 V 103 160 160% 87V 88 102V103 159% 100 114V114% 114V •99 99'-. 09% (>9-'h 99934 6938 1 55% •34 V 79 20 •84 •63 •30 54% 55% 80% 36 38 80 V 81 20% 20 38 84 V 8 V 65 32 65 31=8 36 80 20 V 1 85 M 180% 181% 189% 181% 188 211 *235 •185 *190 •38 9% 188 212 241 195 200 18V 40 10 37 V 3 8 Hi *98 99 •118 120 27% 28 *69V 60 38", 38 193 V 194 405 410 *31V 32 Hi 86 Hi 86% *21 23 «93% 93 V 15% 15% 30 30 46% 47 V 84% 85 74% 75 *63 •85 287 65 90 287 23% 23V *85 *93 93 93% 174»4 175 V 27 28 1S7 1 V 40 V 9 86V 21 92 7» 15% 16% 31 34 843g 84=8 74=8 75 •63 65 *85 286 287% 23 23 V 93 90 *85 •93 21V 00 V 9334 54 4 36 V M)% 8 20 1 128V 21»8 149 60 93 125V 161V 29 V 643s 100=8 101 142 V 143 37V 37V 147% 61V 52% 147 *116 *83 •201 120 84 203 52V 52 V 86% 87 •92 94 204 205 95 95 •103 110 *93 96 142^4 143 -V 42 V 42 V "si" 81 V 20 20 V ' % 20 V 80 •85 64 04 34 l 31% mo •84 "03 31 87 66 92 179% 180 V 188 189 < 181V 189 214% 241 190 200 23% 23% 62 V 62 V 65 {118 33V 98% 65 V 118 33=8 98 V •98 100 34 V 34 V •128V 130 34V 34V 1 5 18V 4 P. ' 97 117 17 17 •77 69 183 80 23 88 93 23 94 93 533 82% 82 V «25 27 68% 33% 58 32 *41 65 118 65=8 98 34 127 98 34 129 34V 34V 90 20 "81 04 32 180 L86 214V -•_\;9 •188 •190 pref 3 4 81 V / Susqne, pref.. <fe <auadian Pacific 81% Do pref 20 V Chicago Great Western. Do 4 p. c. debentures 01 V Do 5 p. c. pref. "A".. Ii" 32% 4 p. c. pref. "B".. 180% 18l%|Chicas<oMilw. &, St. Paul. 20 V 85 Hi 01 82 180 Hi 186 215 242 190 209 Buffalo 158% Transit.. * 70 anada Southern 211 Central of New. Jersey.. 55 V Chesapeake & 0)110 393. Chicago <fc Alton 1 20 '4 84 •03 81 V 84 V Do 2 190 200 •17% 41% 9V 9% 39 •9 pref 218% Chicago & Northwestern 245 Do pret 1 239 185 *190 18 V 94 9334 170% 1713s 86 94 204 V 95 110 96 •40 42 23 93 93 85% 86% •92 94 204 204% 94 94 103 110 •93 V 95 142% 143 •39 42 *80" "s6" •75 79 105 105 •75 93 79 100 100V 103 V 105 V *93 94 104% 105% •75 100 80 102 104V 106% 93% 93% 91V 91V 91V 91V 30% 31V 31 31% 78 76 V 76V 76% 94 91V 91V 31V 31V 76 V 77 V Week H la test Lowest Lowest Highest Chic. St. P. Minn. Do pref & Om. 18 V Chicago Term '1 Transfer. 39 V Do pref 9 V Chicago Union Traction. 77%Msiv'J2 93% Mar 9 04 Feb 99 Jan 25 104%J'ne27 87% Jau 120 Jan 25 170 Apr 24 104 V Feb 4 1,200 100 V Jan 25 llSVJ'ly 13 7 2%.Mar 4('7 91 .Mar 9 99 '. Aug 2| M7% Feb 61,865 56% May2i 73V.Jly : 38 Feb 80 87% Jan 4 91% May 13 83 Nov 33,900 130 '4 Jan 26 156% Aug 4 1"9 V.Mai 67 V Jan 11 7.% Jau 31 1,60 64 Apr 2,860 190 May23 -'I Aug 4 154 V Feb 11,900 45 V May22 0OVMar2l 28% Mai 3,410 51 44 V Marl 5 83 Jan May2 3,50i 77 V Pne26 >-3 34 Apr 7 75 Jan 16,050 17% May 22 25 V Marl'- 12% J'ne 200 83% May2V 88 VMar 15; 80VJ'ly 400 00 J'ne 9 70 V Apr 17. 47 V J'ne 1,100 29 May23 37 V Apr 17 20 J'ih 58,200 108 V Mhv 187 V Apr 17 137 V Feb 41(i 182 V Jan IS i92V AprlT 173 Mai 13,700 1.21 11 10.10.' 1 1 21,83', al»0M)J'ue 9 249 100 234 200 150 Jan Jan 195 Jan loo 7% Jan 1,390 17 V Jan 31 101 13 205% Feh 1 207 6 4 30% J'ly'2'. 4,501 90 Jan 10",900 3,20( 225 17 230 5 20 4,100 2,100 J'l!<- Jan 2 I Nor Not Not Deo Oct Not 89 Aug 135 34 Oct 72 Not 194% Nov Not 47% Not 85% Jan 28% Not 90 Not 74% Not 39 V Not 61 177% Deo 1*5% Oct 214 V Deo Feb 237 Not Mai 160 Not VMar Jau 31 135 Jan 31 $165 Apr 192 J'ne'2>l 42 V JTy 5 13%Keh 64 S9V 104% "<5 V 105 V 96 V 70 V 2 Feb 3 Deo Aug 16% Nov V Aug 27% Not 4 J'ly 1 5 V Not 29 May 48 V Not 68 V May 93% Dec 5% 11 Mai 2 115%JTy26 121% Marll 100 Feb 115 Not 22 4 Jau 2i 30 V Apr 26 13VJ'ne 24% Nov L4 111 I ' 62 May 2 3 04 V Feb 10 48 J'ne 63 Dec 17,800 32 V May 40VAug 3 17%J'ui 37 V Not 11,110 178%.MaV2. 197% Aug 4 149 Mai 190V Deo 5,517 335 Jan iS 140 Aug 3 250V Feb 359 34 Deo 300 27% May 23 36 V Mai 14 18 Ma 35% Not 1,100 83 V May 1 91 Mario 64 V Feb 89 Dec 100 18 May22 28%Marl7 19 V Jan 27 Deo 2,650 76 V J an 2, 95 J'ne'22 60VJ'ne 79% Dec 11,414 11% May'2.1 17 V Jan 21 5VJ _ 14% Not 13,250 21 May 22 37 Jan 21 9% Aug 28 V Not 4834 Mai 11 21V Ma> 41% Not 66,000 37 V May 16,992 74%May2-2 85 J'Iy.7 55% May 77 Dec 19,170 55 V J an 3 75 V J'ly27 33 Ma) 68 V Deo 1,053 63 J'lv 72 V Aug 4 54 J'ly 67 Deo 90 Feb 28 90 Feb 28 72 Feb 83 Not 9,800 236 Jan 4 335 Apr 17 170 Mai 242 V Deo 83 Feb 16 90 Jan 13 70 Aug 86V Not Green Bay<fcW.,deb. ctf.A 100 17 May 2 2 24VJ'nel9 11 J'ne 20% Nov 23 23 Do deb. ctf. H 400 86% Jan 1» 99 Marll 60 Ma 93 94 Deo 93% Hocking Valley 665 90 Jan 18 96% Mar 13 77 Mar 95 Deo 94 94 Do Dref 12,100 152% Jan 25 175 -2 J 'ly 28 125 34 Feb 159 Deo 171 171% LJJinois Central., •2,600 24 28 V 29% cowa Central May21 32 Feb 3 14 J'ne 33 Not 2,300 60 May lo 08% Feb 3 32 Feb 59 a4 Not 54% 55 V Do pref •82% 83 KC.Ft.S.&M.,tr. cts. pfd 700 81% J'ne 19 84 V Mai 16 04 VJ'ne 83 V Not •26 200 22 V May22 34 Feb 14 16 V Feb 31% Not 27 ansas City Southern. 1,300 52 Jau 70 Febl4 31 Feb 60 34 Not 58 68 Do pief 33 35 Lake Erie <fc Western.. 700 28V ,1'neln 44VMarl4 26 Mar 43% Dec •92 V 97 91 J'uel 106 Marl3 85 J'ne 105 Oct Do pref 300 320 L. Shore & Mich. South'n 2290 Jau 20 $350 Marl3 i 245 Nov 3300 Deo •55 200 50VMay22 65 V Feb 3 46 May 62 V Not 58 Long Island 33,750 rl34VJan25 156V Apr26 101 Feb 148% Dec 146V 147% Louisville <fe Nashville. 700 161 May 1 175 Feb 9 13934 Mar 169 V Nov 166 V 166 V Manhattan Elevated... 91 Marl? 72% Mar 90 V Aug 8,100 73 Jau 82V 83% etrop. Secur., sub. reo. 42,920 114 Mayll 131 J'ly 5 104% Mar 13o% Oct 127 34 129 V Metropolitan Street 46,525 18% Ma> 22 26 Marl3 6 Apr 23% Not 22% 23 V Mexican Central 126 146 Michigan Central $130 J'nel4 U60 Febi5 $H9VFeb 160 Not 6.535 56 V Jan 12 70 Aug 4 40 J'ne 67 34 Jan 68 70 Minneapolis & St. Louis. 95 1,900 86 Jan 19 97% Aug 4 80 J'ly 96 V Sep 97% Do pref 132 V 138% Minn. S. P. & S. S. Marie. 10.420 89 V Jan 11 138 V Aug 4 55 Jan 95 Oct 2.200 148 Jan 13 169%Mar29 116 Ma) 150 Oct 162 V 165 Do pref 1,900 24 May 22 33 V Jan 18 14% Feb 28% 29 Mo. Kansas & Texas . 36% Nov 1,210 56VMay'23 69 Marl 3 32 VJ'ne 65 % Deo •62V 64 Do pref 82.650 94VMay22 110%Marl3 87 Feb 111 V Deo 100% 100% Missouri Pacific 150 151 Nash. Chatt. & St. Louis 1,425 137 Jan 12 158 Apr26 101 V Feb 147% Deo 2,000 33% May 8 45 Jan 16 34% Feb 45 V Not at.of Mex, non-cuni.pl *37V 38V •20 300 17 a4 J'ne20 24VJaulO 15% Feb 25V^ot 21% Do 2d pref 147 147% N. Y. Central & Hudson.. 16,900 13634 May22 167% Mai 14 112% Mai 145 V Deo 63 63% N. Y. Chio. & St. Louis... 7,810 42 Jau 20 55% Apr b 25 May 47 Deo •110 120 115 Marl 3 122 V Jan 30 101 V May 115 Not Do lstpref 600 74 May 4 85 Apr 60 J'ne 78 Dec 83 84 Do 2d pref • 201% 202 297 H94 May2'2 110 V Feb 4 HsSVMay 199 Oct N. Y. N. Haven & Hartf. 64 53 Mar3u 19% Mar 47% Oct 63V N. Y. Ontario & Western. 45,775 40%Jau 6 85 34 86 Norfolk & Western 12,800 76 Maylo 88 V Marll 53 VMar 80 V Dec -92 94 Do adjustment pref. 91 V Feb 24 94 V Feb 3 88 May 95 Deo 204 210 Northern Pacific 16,605 165 Apr 24 ^10 Aug 4 000 78 V Jau 17 98 V Feb 7 51 Feb 82 V Deo 94 94 Pacific Coast Co *103 110 100 Jau 3 108 Feb 95 J'ly 101 Sep Do lstpref •93 85 Jan 12 98 Feb 7 61% Jan 86 V Deo 95 Do 2d pref 3 142% 143 V Pennsylvania 165,650 131VMay2'2 147 4 Marl3 111 VMar 140 Deo *39 41 Peoria<fc Eastern 400 27 Jau 25 4834 Apr 3 17 Mar 32 V Dec 77 Jan 6 106 Febl4 74V J'ne 81 V Jan Pore Marquette Do pref 1,300 78%J'lyl2 87 V Feb 6 i 68 May 79 V Not •75 70 70 May23 8734 Marl3 55 Apt 80 Deo Pitts b. Cin. Chic. & St. L. 79 100 102 200 105 Feb 17 112 Marl3 90 Apr 107 Deo Dd pref 106 107 239,959 x79 Jan 13 108% J'ly 7 38% Mar 82% Deo Reading *9334 94 V 520 90 May 2 2 95 J'ly 8 76 Mai 92 Deo 1st pref Is; 92 92 2d pref 2.455 h4 Jau 5 96 J'ly 10 55% Feb 85 Deo 31,900 24% May22 37% Jau 18 19 VMar 3734 Not 31V 32% Rock Island Company 76% 7VV 4,276 71VMay22 85 Jan 4 57% Jan 86% Not Do pref 9 100 12 J'ne 2 17 34 Jau 31 Mar 18 Not O t. Joseph &Gr'd Island, 600 46VMay24 5834 Jan 21 35 May 60 Not Do lstpref 2o J'ne 16 30 Not 200 29% Jau 8 Feb 3 Do 2d pref 700 73%May22 SI %Mar 6 ?61 Mar 79% Deo 76 V 76V St. L.&S.Fr., lstpref.... 39% Jan 72 V Deo 6,100 61 May26 73 VMar 68V 68 V Do 2d pref 185 190 600 175 Jan 30 194VJ'uel2 150 Jan 185 Deo C.&E.I.comstocktrctfs 20 May22 27 24 4,450 Jan 9VJ'ne 29 Deo 20 V 24% St. Louis Southwestern.. 2,950 55 V May 1 66% Apr J 8 25 3e j'ne 00 34 Dec 62 V 62% Do pref 43,150 57% May 4 72% Feb 27 41 VMar 68 a4 Nov 64% 65% Southern Pacific Co 1,444 115 34 Jau 6 121% Feb 15 113 Sep 119 V Deo 117%118 Do pref 35 35 34 Southernv.tr. cfs. stmped 120,825 28 May 19 36 34 Mar 13 18% Feb 37 V Deo do 98 V 98% Do pref. 1,114 95 Apr2fe 100 Mar22 77 V Jan 97 V Deo 100 97 Apr lb 99% Aug 2 90 Feb 98 Deo M. & O. stock tr. ctf 3 . . 33% 33% I^exas <fc Pacifio 1,700 29 34 Apr29 41 Marl3 20VJ'ne 38 V Not Avenue 725 124 Apr 29 134% Feu 10 115 Mar 134 Oct 127 V 127 V hird (N. Y.)... 34 34 35 Toledo Railways & Light' 1.000 22V Jan 13 37%Aprl2 17VJ'ne 27 V Oct 1 1 », , n 23 77 23 •77 V 23 V V 23 V 80 68% 69 185V190 2 334 23% 24 61 60 60 64 V 64% 24% 62% 64% 65% 118V 118 33V 33% % 166 23 V 93 93 170V 171 27% 28 V 28V 28 V 53 34 533 53 34 64 V •82 V 83 •82 83 *25 •25 27 27 68% 58% •57% 58 H 34 33 35 34 •93 •92 V 97 97 •310 320 •310 320 55 V 65 V '55 58 145 V 146 V 146 147 V 166 166 166V186V 81V 81 4 81% 82 127% 127 % 126% 127% 22 V 22 V 22 22% •125 146 125 146 63 63% 63% 67 % 93 93 V 93 V 95 129 130 V 129 V 132 •160 162V 160 162 V 28 V 28 V *28 28V 564 64 *62V 64 99 V 100 99% 100% 142 145 146 V 149% *37V 38 V •37 V 38 V •20 21V •20 21V 146 V 147 V 146% 147 V 52 53 52 V 52% •116 120 116 120 •82 84 *82V 83 V •201V 202 •201V 202 62% 53 V 52% 53% •88 •93 42 80 V 69% 69 V 69 V 188 •179 184 23% 24% 62 V 63 *-s 15634 *70 70 71% 207% 209 V 21o 55 E V 66 87 35% 36% 81 l»n 69% 70% Brooklyn Rapid 70 91 V 81V I 1 loo •98 , 142% 143% 142% 143% 142V143 41 41 114% 39 V 101 62V 62V 68 *185 04O 190 200 '92V 97 •310 320 57 •54 59 146 145 146% 165V 165 V •165 166V 82% 83 81V 82% 127% 128V 127 V 128% 21V 23 22% 22 34 125 146 •125 146 60 62 63 63 V 92 92 92 V 94 126% 129 128 V 130 161V 162 V 162% 162% 28% 29 V 29 29 63% 64 V *63V 64 100% 103V 100 101% 144 144 •142 145 37% 38 V *38 38V 21 21V •20 V 21V 146V 147 146V147=8 51% 52 61 34 52 V *116 120 •116 120 •82 84 •82 84 202 202 2201V 202 V 52 V 53 34 62% 53% 85 V 86% 85% 86% 85% •92 94 92 •92 94 205 206V 205 205V 204 "94 96 -93 •93 96 *10.1 110 •103 103 110 "93 96 •93 *93 96 '4 78 V 69 V 190 2 240 190 190 V, 6 1 102 V 102 V 165 Range ror year 1U05 Range tor JFreciou$ On basis 0/ lUO-share ioU Year(iyu4> llrn:i il-. 80% 87V \tch. Topeka&Santa Fe Do pret 1Q3V 164V Atlantic Count Line lilt.. 114% 16% >altimore<fc Ohio 87 103 Hales 01 the Shares 8V 9 •38 37 40 37 Do pref 99 V 99% 99 7 Cleve. Ciu. Chic. & St. L. 99 99 99 34 '117 118 130 •118 120 Do pref 120 120 28 V 28', 28% 29 V 28% 29 3s Colorado <fc Southern 28% 29 V O'.'V Do 1st prelerred 62 62 •81V 62V 62 62 V 62 % 40 V 40 38 Do 2d preferred. ... 39% 393,, 39 V 40 V 39»4 40V 194 194% 193 195V 195 195% 19.0% 197% Delaware* Hudson 425 438 438 440 *430 440 elaw. Lack. & West'u. 421V 425 •31 32 Denver* Rio Grande "31 •31% 32 32 32 32 Do pref 86 V 86 V 86V 86V •88% 87 86% 8rt«i •15 •20 •15 23 •20 23 Des Moines & Ft. Dodge 23 23 923* 93 92% 93 V Detroit United 93 93 •92V 93 16% 16% Duluth So. Siiore & Atl. 15 15% 16=i 15V 15 V 15V *30 33 33 33 V Do pref 31 81 30V 31V 46V 47% 46% 47 H Erie 46V 46% 45% 46 34 84% Do 1st pref 84 83% 84 V 84 84% 83334 84 73 4 7413 74% 74% Do 2d pref 74 V 74 V 74 74 34 •63 65 •63 •63 65 Evansv. 65 72V & Terre Haute. 65 85 90 •85 •85 90 *85 Do pref 90 90 288 291% Great Northern, prel 287 287 2&7 287 288 V 289 39 V 330 79 80 * 74 79 79 V .105 112 •105 112 3 104% 105 V 104 4 105 93 's 9c «94 94 9234 92% 91V 92 31 31=8 31% 31% 76 V 76V 76V 76 77V 2! 3 1SV 41V 9V 9% 63 27 58 V 35 97 202 203 55 V 30 V *89 1 7n% 71 V 207 64% 51% 09% 3 91% 154V 165 V 155% 71V 154 203 1 1 •86 *8fi 174V 175 V X171V172V 28 28 28 28V 63 54 83 V 1 1 •65 145 82V 82% •125 60 •86 125 •160 29 V 64 V 32V 87 21 93 46% 47 310 *55 67 145 «« 146 166 166 128 9 76 30 V 62 V 52V *83 82% 83 27 27 V 68 V *67V 68 V •31 *31V 35 *92% •92 98 330 42 39 V 97 V 120 29 Hi 60V 83 39 40% 194 194 "4 420 V 4 25 V •2534 *310 18 V 38 97 117 28 •31 34 1 II •187 212 *235 190 •190 189 209 V 2 230 250 185 195 190 200 18 Hi 68% 09% 203 200 59 70V > 1< 201 55 "a I IV 1 4 =* }98% 98 1 80% 86 V 87 V 102% 10234 H02 160 162% 162% 1 3 % 14% 16 99'. }98% 99 68 V 68% 09 V 87 34 99 84 81 89 *88V 89 155 155% 165 V 156 < 70 •69V 70 *8»V •209 87 102% 102% STOCK 118 33% 34% 98% 98% •98 34 99 34 *127V 129 34 V 35 117% 118V 33% 3434 98V 98% 3 99% 33V 33V 99 4 127 127 34% 34 34 76 V 76 68V 185 24 68 190 24 61% 61% 64% 65 117V 118 V 34% 35% 98 V 98V •98 100 33% 33V 127 35 127 35 BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS Banks Bid Ask 177 V 520 Amer Exch.. 274 Astor 775 Battery Park 150 Boweryli .... 325 Butch's& Di 155 CenturyD 195 650 Chatham .... 320 ChelseaExcj, 170 American * 1 .. Ranks Chemical NEW YORK 530 278 825 160 Bid Ask 4300 4350 Citizens' Ctrl 165 City 280 Coal Iron. 230 Colonial U ... 575 285 240 & Bid Fourth 200 100 500 Gallatin Garfield Columbian .. 400 Commerce... 1204 Consolidated 150 Banks Fifth 340 First 730 14tlistreetD. 145 German Am1| 155 German Exl( 400 Ask Bid Banks InterboroTI.- 145 Ask 155 J50 Irving 234 238 155 215 Jefferson^... 177 V 185 425 Liberty Lincoln Manhattanli 165 Market <feFul 510 1500 1700 325 260 270 285 295 Banks Bid Metropoli'nU 170 Ask 175 Mt Morns'.. 210 300 Nassaul] New Amster New York Co N Y Nat Ex. New York... 205 195 475 510 1300 195 H)5 500 People'8H..., 290 190 Phenix 560 Plazali Prod Exchli 175 RiversideD .. 250 650 Seaboard 700 Second Shoe<fc Leth. 150 State' 1200 34th Street.. 200 12th Wardl 225 •23d Wardl ., 200 300 320 Mechanics' 19th Waul' 350 450 Mech & Trail 175 185 Discount^] ... 150 North Amer. 233 238 100 Greenwich Mercantile .. 260 268 235 250 East River.. 150 160 Hamilton^ .. 190 Northern 150 Merch Exch. 170 175 330 FidelityH .... 190 Oriental^, 255 270 Merchants'.. 170 495 505 Fifth A veil.. 3500 3750 Imp & Trad. 590 Pacific' 250 265 Metropolis ']. 400 Bid and aslced prices; no sales were made on this day. i Less uiau 100 suares. ; els ri^its. State d&uks. a tix dividend ami rimus. Sale at Stock Exchange or at auction this week, s Trust Co. certificates. n Sold at private sale at this price. A Assessment paid. 105 210 C'ruExchget t375 155 Germaiiia1| . .. . 1i 1 11 Bid Banks Park I Ask , b New 195 590 185 280 700 stuck. H Aug. 11 4 "a US* 98 l 130* ISO* is** . 70 24 24 62 19V 19 V 19* 19* 1"'. 40* 41 '.. 88 17 1 4 *4o 42 •2 93 24 1 6 88 •ai 1a '-. 80* •10 . 1 6 •50 51 3j 6 1 9L 1 v L9 •16 •89 S. Do U l V 2 lfl !.- 62 89 H 83 \ 08 30 129* • *39* •26 V 40* 30 90 4 4 Va "4% -. •17 •40 48 111 5 86 I 9% LIS 6 •24* 2;"« 12 1 m 122 i •1.1 •181 183 »1M 9 M38 s;i a" 38 26 V 48V 95 236 6 is WlieetiDR Do Do Lake iV vmral 1 •26V 17 V 139 189 9*8 V 97V 96 335 11 6 '. 4 •4 4 33* 23* 4 34 34* 24 •98V 99 124 123 •167 136 123* 183 105 102 4 122 V 123% •167 183 105 102 10 10V 10 41 41 142 V 143 V 142 V 138 V 140 •138 •137 110 137 139 97 97V 97 97 14 140 97 Anii-r iiiite 9 4 '-. 112 24 25 a 5 37V j8 1 1 1 $37 103 V 104 114 111 L86 194 •15% 16 •66* 67 44 44% 37* 103V 101 Twine .. prof Do prof Ann Tican hocOiiiolive... Do pref American Malting Do pre! Uay22 1,300 1,460 <-.M V Jan 26 Amor Smelters Sec pref B Amer. Smelt'gcb Kettn'g. Do pref American Snutl Do pref American Steel Foundr's. Do pref Relinin;: 1 *B15 Feb 14 10% Apr 18 60 V Jan 18 47 ' ', t 1-. . 1 -. . . : t . - S. _ • . •90 i . 52 - Ill 92 32', 68V 69 90 V 90'.. 33 V 34 68 V 69 91 91 33* 35S, 69 73 -90 34 V 92 35 "8*4* "84* 71* 72% 71 . luJ - 34 107 •M •190 a 43 245 168 195 ', S. 19-", 190 195 •190 195 1J5 • 190 200 •laO & Co 1 Union Tele'gph West'gh'seBlAMfg-assen 195 i 1 31*May2i 103* May ;;o J'ne "'25 235 Jan C Jan 621 92 2,200 152 est'11 Do 1 Feb 2s Jan 13 33* Jan 3 98* Jan 6 V lay2 . 90* May2« 18 35 -. Wells, Fargo Jan 77 1.401 1 Do -J '190 U s Realty A [mprove'm U s Reduction & Kettn'p pref 71V 12.700 52* United Slates Rubber 20,700 Do pref 111 2,210 United States 35 V Steel 162,930 Do prof 101* 1.40,680 Virgiuia-Caroliua CUem.. 3 1 4,406 Do pref 100% 2,242 Virginia Iron 42 V Coal & 51 V 52 V oVV 51 51* 51<V 52 », 52* 52 102*1 10 109*4 110 110 109 V 1"9-, •109VH1 35% 35 V 35* 34* 35 V 34% 35 V 35* 103*104 lo3* loiv 103 V 103% 103 V 104 104 31 84 33 V ;,.i S, 34% 34 33* 34 100% 106 lbC% 106 106 }106* 106 V 100% 38 43 4 •38 38 43 245 230 245 •230*" 245" •230 245 J235V 246 93 V 93 V 9 93 V 93 V 9.5 Sj 93 S» 93 V 93 V 16 171 165 10J •160 169 •166* 16-1 169 10 J'lK 37 J in 1st pref 1 5 8 17 May20 Feb 23 I'M) Deo I a ii Not N ->v 49* Not 82 26 220 Feb 350 Oct 6 Mai 21* Nov 7 72% Jan 14% J'ly 67 Jan 21% J'ut Nov 1 82% Deo 24* Deo 87 Deo 3.i V Dec 94* Deo 37* Deo Nov Nov 97 219 Deo 14 11* Deo 48* Dec 20* Nov 4 2 V Nor 36* Nor 105 Nov D»0 Deo 9 29 82 V Dec Oct 115 170 Nor 99* Nor 15* Dec 57% Dec 153 Nor 141 Nor 149* Nor 96 Deo 25 Nor 94% Deo 120* Nor 185 Mai 229 V Oct 5 J'ly 12* Dec 47' Feb 02% Dec J'lyll 105V J'ly 11 59 Mar24 105 Mar24 25 V Mai 58* Nor 63 Api 95 Deo 18 V Jan 30 8 J'ne 19 V Deo 214 Mar 3 185 Feb 220 Oct 22* Feb 7 9% Ma) 26 V Nor 79 Jan 10 05 Mai 82* Nor 47 V Apr 19VJ'ne 40V Deo 89 V Feb 27 82 Nov *3* Nor 128 Apr 7 43 V Nov 08 Deo 107*Apr 7 71 Nov 90 Nor 192 MarlO Cl51 J'ne 194V Nor 25*Marll 10 V May 25* Dec 82* Apr 100 64* Feb 79* Deo F'eb23 40*Feb27 88* Apr 14 34* J'ly 20 70 Apr 66* Apr 3 - 32* 68% J'ly VJ'ne 39 V Mar 43 V Feb 13 Mai 48* Aprl4 lo IV Apr 6 lis Apr 3 ly 19 ,i 37 31 J'lyll S, 93 i 1 ' , 1'.' l Nov Wot 32* Nov -i S, S, 30 32* Feb 14 V J'ly 1 l > 16*" M*a" . 36»8 103 V 115 V 187 *ir>V "56 V 43 34 S, 1)10 :: i 101 36* 36^ 36 V 37^ American Woolen 37V Do pref 103* 103 1033g 103* 103* 115 115 115 117 115V 115 Sj Anaconda Copper 11 V 1 116 V 187 194 1S7 187 191 184VMay22 194 195 195 Brooklyn Union Gas I0*.Ian 13 ""•ib'o 16 15V 15* 15* 15* runsw. Dookife C.Imp'i *15V 16V •15V 16 '56 4 57 56 J'lyl67 . *50V 57 Butterick Co 57 •56V 56V 4",459 41V J'ly 27 44 44 "j 43% 43* 43V 41V / 'em nil Leather 44 43* 104* 105 V l/o pret 3,050 103VJ'ly2l 104% 104 V 104-V 104* 104* 105 104 V 104S 1U4V IUj •45 Sj 46V 46 46 <u 4 0* 40 40% 46* Colorado Fuel & Iron.... 11,730 38 May 2 2 45 V 46% 45V 46 95 95 85 Feblo 95 95 95 Do pref 13% "13 •13 13 700 11% May24 14 1SV •is**" 13 V •is" 13V 13 "9 14 V Col. <& Hock. Coal & Iron. 3 192 192 192 3,700 184 V May 15 V 192 V 193 192V 192- Consolidated Gas (N. Y.)189% 18b * 189% 191 193 10 10 •10 10 Corn Products 2,325 10 8% J'ne 8 10 10 9% 9* •9 10V 10 •44% 47 •46 •44% 46 34 •44* 46 100 43 J'ne 8 47 45* 455b 44% 46 Do pref •42 43 42 V 42 V Distillers Securit's Corp. 43 2,292 ^34* Jan 25 42V 43 41V 42V 42* 42 V 42 *82 85 84 V - 89 lOu 76 May23 84 85 Klectric Storage Battery. 8.">V •82 83 V 83V -82 *llo 113 109 109 113 10o*loo* '.07-. 115 1,100 60 Jan 11 Federal 114 Mining & Smelt'g 110 92% 9-% 95% y6 a3 93 V 94 95 V 95% 9,100 75 Jan 5 95 Do pref 94 160 180', 180 34 181 178 17-% 178 178 General Electric 4,109 109 May2o 176 18o 179 179 Ill ll» 19 19 V 19 V 19 2,900 18V J'uelO 19V *19V 19V 19V 19* International Paper 78 % 18% 78 34 78 J4 *78V 79 78% 78% I Do pref 825 76 V Feb 6 79 »7SV 79 "57 -57 57 85 International Power 85 6o J'ne 3 B6 •57 85 85 85 '27 26 30 Internat'l Steam Pump.. •27 V 30 26 so * 30 '29 {26 30 36 27 J'ly 14 a 80 83 '80 V 83 •80 83 82 84 •to 83 78 V May 2 Do pref 33 V 33 33 V 33 V 84V 33* 33* 33* 33 e-K nickerbocker Ice( Cliic) 4,785 10 Jan 10 34 34V 60 Jan 9 Do pref 59 V 60 59 V 60 57 V 58V 57 4,755 54 V Jan 25 59V 5' 58 * 58 V 57V National Biscuit 114 114 114 115 115 115 115 115 115 112 '115 120 115 700 J'ly 20 Do pref 20 V 2 7 25 V 25% 25 23 25 23* Nat Enameling&Stamp'g 8,040 IS* Jan 20 , 24V 25* 24 •90 93 "89 33 04 90 V 90 V {92 83 92 88 210 86 J'nel9 Do pref 40 V 47- b 46 46 47 V 48% 51,250 24% Jau 24 47 V 48* 48V 4 9 Si 48* 49% National Lead lot 104V 104 105 105 105 105 Do pref 1,750 97* Jan 7 105V 105* 105 V 103 V 105 149% 150 152 162 V 165 158 154V 152% L63* *152V 153V New York Air Brake 4,750 140 May 2 2 99*100% 99 V 100* 99% loo v 100% 101 North American Co., new 100*101S- loovioi 6,250 97 V May 2 4:; 43 43 43 43 43 43* 43 l.lOo 33 May22 42 V 42V 43V 43 V pacific Mail 105*105% loSVloOV 105 V 106 V 105% 107 1 00% 107S, I eop. Gas-L.& C. (Chic.) 105 V 105 15,:i50 97% May 15 15 14 V 14% 15 V 16 15 15V 16 15 15 Pitt-ourgh 5,60u J'ly 19 Coal 12* V V Co 15V 13V 52 56 *54 oOSi 51V 56 V 57 V 55 Do pref 8,050 45 Ss J'ly 20 50* 57 V 54% 54* a 43 42 V 43 45 23,:")05 33 v Jan 31 40* 40% 42 43* 44 < 46 Pressed Steel Car 43 V •94 V 95 95 95* 95% 95 96 V 96* Do pref l,95u 87% Mar 95 34 96* 96V 96V 230'- 239 V •237 240 237 V 240 240 210 }240 240 238 240 Pullman Company 245 230 May 31 5>< 35% 35 V 36 V 36 36 35 S> 35 V 35* 35% 36 2,700 30 May 2 2 36V 1)ailway Steel Spring... •99 1U0 99 •99 9HV 99S, 100 100 •99 100 V Do pref 99* 100 300 93 Jan 25 21 21 V Republic Iron & Steel ... 10,700 15 Jau 23 2UV 21 21V 20"8 21V 20 V 21V 20 V 21 84 83V 84 b3V 83 V 83% 84 Do prel 83 83* 83% 84 15,500 67 Jau lo •35 *34 35-. 35 35 V 36 35 35 35 V •34 V 35 Si 35 V Rubber Goods Mfg 52o 24 Marl4 •104 loO •104 105 104 105 •104 105 104 105 104 105 Do prof 94 Jau 25 86 V 87% 86 V 86V 86V 85V 85 V 86* 86* 87% 87* Closs ShelUeld St. & Iron 60 Jau 25 ""•iY" 107*125 105 125 O Do pref 107 V 107 V •105 12o 100 100 Jan 13 J Jan 28 •*.. 1 IV Standard Rope &Twine.. IV 3,730 4 "8*""* 88 V 89 s *B~V 88 V 90*6 88* 89* 89* 90 Tenu. Coal, Iron & RR... 50,850 68 Jan 26 88* 89 43 43 41 43 43 •42 43 •43 43 44 Texas Pacific 400 43 V Land 43Sj V Trust 37Sj Jan31 10 lo* 10«s 10V lov -9V 10V *9V 10 V Uniou liag & Paper 89* 1,200 8* J'ne 73 V 73 V •73* 7.3 «.'2V 76 74 74 Do pref 73* 74 fan 10 490 08 31% 31^ 31m 31V 31* 32 V 31* 32 V 31* 32* 31* 31* fj. S. Cast I. Pipe <fc Foun. 10,445 19*Jan 3 93 • 82* 92 * 92 V 92 V 92 V 92=4 Do pref 92* 93 800 79 V Jau 3 naa 125 126 i'25"" 125 122 125 122V 126 • 122V 126 United States Express... 100 J120 Jau 9 38 •102% 104 09 i . 140 Amer. Telepli. & Tele«... 97 V Amor. Tobao. (new), pref. 97 20 45 V A pi 42 Feb 10 88% J 'III 97 l-i'i.j (209 V Jan 4 j;o 180 J'n< f»V J'neJ.j 11 Jan 4 5 Aiif 960 6 J'lie 7 HVJan II 601 2* Jau 3,410 34*j'ne24 55 V Marl? 11 V Jan 0,230 24* J'ly r. 27* Aug 4 16 V Jan l^ 22% Apr 17 J'ne 7 36 Jan 19 48 V Apr 17 22 V J'ne 14,101 Jan 35 01 V Apr 13 16 V Jan 800 io3%Jan 6 122% Apr 16 75 V Jan 4 V Auy: 8 8% Jan 14 1,425 2VJ'ni 1,200 20 J'ne 9 28* Mar T 16 J'ne 600 97*J'nel'. 99 Aug 1 267,200 79 % Jan V 128 V Aug 4 40 Feb 7,800 111 V Jau 13 127 Apr o 88% Jan 163 MaySl 183 Jan 21 110 Jan 99 Jan " 105VMay26 85 Jan 4,121 6*Jly2. 18*Mar20 3VJ'ni 5,388 :<5VJ'nei4 67 V Apr 4 26 J'ly 43,000 130 May22 149% Mar 2 122 V Mai 1:^3 MaylO 140 Mar 7 123 Jan 136*May21 148 V Jau 6 131 Feb 1,355 91* J an 25 99* Feb 8 85* Nov 7,955 20* Jau 26 40VAprl8 10 Jan 108 V Mar 1,620 93 Jau 69 Jan 15,200 lO0VMay22 130 Apr 13 61 Feb Leather 142* 143% American Sugar 138 Sj 140 Do pref 137 2,970 .Nov .Mar 31 I 31 oil A hum nan toe Securities a in 11 ii-au Linseed 122 V 123 183 1 U2 V 105 10 10 40 41V 41 ioan hi a^s aiiii-i TV i26% 128 V 142* 36 20 3 tot i . Mai 117 g86* l-i-b 9? 9 Feb 26 71 23* i-i-h May 23 18 Feb 23 May 1 19* Marl3 is Feb May May 28* Marl.. Apr 29 28* Feb 16 Jan 13 54 V Feb 17 14,2(10 prof Do prel American Express 167 10% V 9* 41 144 V 140 Do Foinnlr\ American Cotton 8 112 UV 80 900 I Aim -iicaii Car & >4 20 41 48* 4V 15 Wot Ant 1186 Not I J288 Jan 9 4250 Feb 7 lltVAne 13 May os Feb 17 46* May : lT'.v Jan 26 88* M' r 14 ImnlsamatedConper Aiiiii- Agiirult Chemical. •mo 20 Jan 2; 29 V Apr 16 Do prei 89V Feb 3 39 J Feb 10 Do •IT •40 112 V 4 7* 39* 27 V •23 V 34 99 99 125»8 126 V ' i 80 96 > •9 I '225 8 44 1 111 119 V ' 8% 4S% 1! Feb S7V Feb 'm-20 168 May23 17 V t "87* 37 99* 99 29 -ii Jli()hest * M ay 88 67 V Not Ang TO 89 89 1 .fan Id .My 7 36,100 pref l)o 83* 7 V 7V 39V 89V 26 26 V •17 19 V 19* 48* 112 186 105 138 97 V •40 49 V ^i< 89 :. 29 V 29-« •92 225 39 V 27 20 44 S9V 26% 4% 24* 34* 1-12 :39-_. 95 235 6* 112 167 102 99% 30* e .1 1 89 IS tllaoeU iVr II ' 04* 3,-100 prol Jan Si 1 .17 i-.iu'... I 2 : ( May 11 101* 90 5111 )>ri't 11-111 .Ian Apr 1 33 V Apr IS* Muy'.T loo 13 .lan 8 187* 2 80U prel Bxpreaa \ ilama - Ohalmers 2 15 L8V I 103 4,400 6.75 l-'ian 1st prel 2d Ho IS 36% 37 V 99V 99% 37 •7 123% 125% 122 V 124 245 18V 61* 81* 88* B4V 88* 23 81 34 W\ V 89 17* ^ -. 17 4 25 99 V 124 S i.;>* 183 lo5 1-13 -* 112 5 138 97 V "29 V -92 *7* 23.-) 1 1 iov 43 1 111 140V * 13$ 131) i 19* 49 V 140V 140% i j7 I'V 9V 4o •89 OS- 40 'S?* 80 V 296 4 •98 V 120 V 121 Si 167 102 36* 99 V 1> 62 37V 96 7V 245 '4 t-3'a -3.- OV b 17 84* 3S* 23V 93V 92 5* TV •7 *8 • o . V 9* 99% T- 9! >,_ 9 (1 37 37* 36* 36 Si 1 . 68 235 1 ', 362,'!'60 l.i •' ItuliiMriiil 16* 18% . Jan 36 ', 1 prof L)o 24* 24 I'ranslt 1.011. 'or Previoul $ar( v.K>t) Lowest 48* Apr May3S 1,100 B 16,630 106 in 11 11 Highest Lowest 7110 tr. ctf.s San > Meek iiri't Pnolflc Do prel pre I'm! Rysl nv't of Do prol I'mti ii it\ soi si Rang* >n batii Shares v. tr. k-U* vot. Kaiu/e for ) nr 1905 'i li/n-sharc lott ol the U.il'a.-iii 17 11 51V W. Rapid I'm im I'lty 21 V U .«> l>n>f. 11 S3* 23* 2.iV 49 •50 88% 87*4 r.'l. .-,7 9S'.j 86 V 68 V 88 10 iO* 40* •93 94 - 51* 40* 17 «17V 17V 40 V 40 S •J4 V •10', 41 51% 51% B •37 1 80 V 19* 17 41 543 2 Sales STOCK EXCHANGE 4 38 V V 116* 119 V •98 '-. Aug 67* S7V 1 3V 11 189 V 'So* 181V ISO 113% STOCKS NEW TOBK Friday 88 88 - 40% 41V •lfl V 93* SB 19 v 40 : l 8 88 57 •113* 113* 115 1 :: Aug 38 67 S 66 67% r.7 Ihursday Aug 3 WtdntsAckv I 87* 88 V 3fl 05 8? 81 * s Aug July 31 130% 131S li» Tvtsday Monday 38 V 88* 57 V 57 V 111 114% 1 , J STOCES— HIGHEST AXD LOWEST SALE PRICES Saturday July 29 5 2 Record— Concluded— Page SStOCk 1905. V 6 61 26 28 72 V Dec Mai 41* Nor 87 Nor Sep 71*Feb 8 Sep 12 V Oct 48 V Jan 66 Oct 36 Jan 59V Nor 120% MarlO 100* Jan 117 Nov 31 V Apr 5 14 Sep 23* Not 94 Apr 19 75 J'ly }87 Deo 51% Apr 7 14 V Feb 26 V Oct 11 1% Feb 20 80 V Jan 99V Deo '61* Apr 15 120 Feb 104 Nor 107 ApriT 80 Mai 107 Nor 49% Jan 4 24 Feb 55 Nor 115 21 V Apr 3 92% Mai 112V Dec Muylu 80 V May 15 46% Apr 14 24 V May 99* Apr 14 07 Mn> Feb 2c 209 Mai 40* Apr 17 16 Maj 03% Apr 15 71% Mai 24* Apr 3 6 Ma) 87 V Feb 23 37 Ma) 38 May 15 14% Api .09* Apr 1 74% Jan 18 V Fob 24 31* Jau 130 Feb23 77 Jau 3 Jan 3 % Mai 106 V Apr 4 31* Ma) 46VMar28 25 Ma) 15 V Apr 3 3* Aug 82 Apr 4 45 Feb 35* Apr 14 0* Mu) 97* Apr 17 40 Mai 134 Feb s 100 Feb 98 V Mario 43 J'ly 40 V Apr l» 73 Aug 2 36*" Nov 52 V J'ly 29 10 V Feb 1118 V Apr 7 41 Jau 38 V Apr 7 8* Ma) lo4* Apr 18 51% Ma> 39 Jau 3 22% J'ne 11 97 * Apt 2 V Feb-' 18 V Sep 200 Feb21 }200 J'ne 95 i5*J'nel9 85 May 184 Apr 6 L53 Maj An: 197 April ISO 44 V Oct 1 I Dec 92 244 35 !54 Not Nov Deo 18% Nor 94 Nor 29* Deo 73 V Deo 98 65* Nor Deo 5 Nor 77* Nor 39 V Nov 13 V Nov 75 V Nov 20 V Deo 81* Deo U28 Nov 84 V Nor 105 40 V Deo 34 V Dec Dec 100 33 V Deo 95* Dec 44 V Deo 116 Nor 44 Nor ::>o Aug 9 i •-.. Dec ec 185 i 198 V Nor BANKS AND TRUST COjIPANIES-BKOKEUS' QUOTATIONS Rink* Union ticli' Unite Bill 215 York. Broadway). Broo-. Bid. i20 .Manufactra'. 365 575 400 Mechanical Ask . 416 hi 315 ProapectPkl 135 17tli Wanl' Union* VVailabouf | 182 iommonw'tli ...... 560 arm \m & I Ask 880 230 1050 [4VT1 3 1 2 V n ir... ."Wo 175 i.itile 2 15 I- Tr 220 'rb'k'r Manhattan 380 blquita 200 160 Knlok : 150 m etropolitnn 816 SlortonTrtnl 925 Mul. Alliance 210 1 Trust Co* N Y Life<&Tr New York Tr Ask Bid 1025 1075 730 735 Seal i.m 325 llo StandardTr'l 890 ., u.fcTr 686 Bid A tie BROOKLYN 1 1 ' 1 • Tr Co of Am. Dion Xruni .",00 1. 900 is Mtg&Tr Unit Van 225 Trust Co's 767 1 .. 1 Klalbil.ill Hon 1500 6lo 193 Holii. 150 S NMi-ii Ii Washington Wiinlsor 115 210 l-'l.inklill '-. UO Brooklyn 75 125 2 290 130 250 Ulal LdfcTr. 1 270 'rt mab'g. inn asKwi price*ne* on ifiii 'lay. 1.--11 in. 1 t Sale at Stock tichan ge or at auction tlm weelc lir *tock dirlileuil. '1 1 Broad wayTr 158 • Bid Ave Tr 575 linarilian 520 'oloni.ii Co* TruMt liuaranty Tr 615 600 ' . . CITY Bankers' Tr Bowl'. Central Tr'ai L80 140 roodl ask ASK Bid. X. T. 290 120 Trust Cos. Fifth Nat City North 8iiteV. BHOOK1.TX B -routfhl... HmiLi BROOKLYN Home Bank* 125 t'O Wash-U'liis"" 210 West A ik 125 1 I 1 fc.t nghu. t Tr11.1l tj Now .illicit. Uo. oerliilc.iun. ami righta. mr*.) (rtttl 1 i>*r.igrapli l£x aiTldend .;i 1 (*]) ire State banka New York Exchauge— Bond Stock Weekly and Yearly Record, Friday OCCUPYING FOLK PAGES BONOS) STOCK EXCHANGE Wees Ending Ana 4 N. Y. n Week's Jlany or Government U. S. A I9i>V S 8s registered k L918 V S 3s Coupon U S :jh reg small bonds.. fcl91* U S 3s con small bonds.. A 191 ft.1907 y S 4h registered /ll907 US 4s coupon 926 S 4s U registered L92S U S 4s coupon QJ (3-j 3 b 3-E 1914-34 Fort'iBii (Government Japanese Govt 6s sterl'g.1911 A.O series Os ctts lull paid S, loan 4 4s ell's full pd.1925 Bepub of Cuba 5s exteii debl U 5 oi Mexico » u os oi isvui 2(1 . i Gold 4s of 1054 1904 Slut© Securities Alabama class A 4 too B6s C 4s Class Class Currency funding 4s Dlst of Columbia 3'65a I -D :; ., 101 4 101 99»8 loo 93 :os 100 > 99*4 Sal.. 92 V. Hale 91 laba Midi Hee 1900 100 lOlia 1901 100 109'., 1900 100 117 "96 ftlOOO W W W Pitts Clev & Tol 1st g 6s 1922 Pitts West 1st g 4s. ..1917 J P Co certts Bat Creek <fe s Hee Mich Cent Beech Creek See VC H Bellev Car Hee Illinois Cent Bklyn & Montauk Hee Long 1 Brims West Hee Atl Coast L Buttalo Y Erie Hee Erie Buttalo R P gen g 5s.. .1937 West 1st g 4s gu..l998 All Mah 1st gu g 5s.. ..1943 CI Roch <fe Pitts 1st g 6s. ..1921 Consollst g 6s 1922 Buttalo <fe Southwest Hee Erie Bull Susq 1st ref g 4s.rfl951 Bur Cedar B No 1st 6s. 1900 Con 1st & col trustg5s..l934 & M& N & & N & & & & 98 98 FA i I 4. J D *95'<8 J.J 141H- A-O A-O M-N 130 115 115 99'a 101 hi $6 '„ 90 to J-J y-J A-O 101 h 101 Vj 190b 2d 5s 1913 Registered 1913 Carb <fc Shawn See IB Cent Carolina Cent Hee Seab Air L Carthage <fe Ad See N Y C & H M-N 92 Hi 8 105 "a. 109 121 Hj. *99 M-S A-O . J-J 97 95 10 18% 10 96V.101 100 J-J 1141q. F-A 123 "-4. 125 ^ 123!4 J-D . 93Hl 97% 94 98 99% 99% 99%"99»b 99'a 99 »a 29 I00 34 103>a '04 103 Apr'97 124HjApr'05 126 Mai'05 98% 99 124^ 126 "a 124 34l26 25 llOHi IISHj lllH. 98 100^ 100 34 lOlHiJ'ly'O, 121 J'ly'05 102 >a llS 1 ol21 a 1 120'aMar'Ob 112 Hi Sep '04 108 102-2 103 108 110 02 » 8 102 H, 10S>a 108"a 106 Apr '05 102 105 1 .VI- 104'»4 4109 105% 106 Jan '05 94 94 108 34 110 112 119 "a J'ne'05 114 115 107 J*ne'04 119 113 12 1H; 116V, 127 90 98 551 67 87 52Hi 78% 94 108 34 Sale 120 'a 114 115 P-A 1945 M-N 1945 M-N pl945 Oct j?1945 uct pl945 Oct IOS34 98 96 >a 87 78 84 >a 75 >a Sale Sale 98 87 78*4 185 A-O 109% Sale 109% J-J J-J F-A con g\4ia8.193? Havana Elec -jonsol g\5s. 1952 Louis Ry Co 1st con g 5\s".i93u jttet St Ry gen col tr g oV.'iyy? Bway& 7tb Av Istcg5slaa4;i Col<feythAvlstgu g 58.1\yy;: *Ho price Jfrlday; latest pry oe 93 J-J 87*4 102% J-J F-A 8S34 106 109*2 109 Feb'05 93 93 J'ne'05 Sale 87 34 ( J-J F-A J-D 11434 .Vl-S 121 taia weeo. U634 . , . 95 95 109 115 108%11234 83*4 91*4 10838 108% 106 106 109 113*4 93*., 92 91% 96% 87 98 91 101 ia J'ne'00 94% J'ly'Oo 94« 33 92 111% 87% 87% 101% J'ly '05 95 2 89*4 269 108% May'05 4 * J-J Con Tr £&• ^ «t g 5s. ..1933 A-O Den Tram Co coVn gfo 1910 J-J Met Ry Co 1st gu\g 6s!!l911 J-J Is', 106 Sale 3 M-N J>en Det United 89 109% J'ly'Oo Mar'98 117 94% 96 % 92% 95 114 120 3 102 IOO 95»aSep 4 '4 119 *a 35 1 106*4 110 106 34 107*2 D»l% 101 97 98*2 113*4 113*4 J'ly'Oo 80 ,-o> 4 May'05 104*4 Apr'00 L03 J'ly'05 96*8 96*4 96 '« Feb '05 f 35 101 13 10'4 Jan '05 ol 34 J'ne'05 97 J'ly'o;, 06 4 J'ne'05 00 Apr '05 Sale ll3>a 114 97 107% 107 U8*al22 19*2.Uar'o5 119*2119*2 21*4 >a. 113*4 iO * Sale 12 10% 1 Apr '05 120 J'ly '06 J'ly'05 134 137 112 115*2 109"2lll 34 178 187 10934 11134 110% 87 Mar'05 11*2 J'ne'05 lOOig Ill Sale 110 96% 97 U 111 114^ 09*aJ'ne'04 97 97 16 34 Apr '05 118 ly% May'05 10& 34 114 38ll6i4 11 110*2 12 37 129% 113% 110*2 1 ia H6 34 120 111% J'ne'05 110 116 Mar'05 114 34 117*2 112 112% 4 J'ly '99 113*8 105 06% Apr '05 114 34 117 3a 109% 09 107's II4V4 109 34 08% J'ly '05 183% 185 115 115% 106% 106% 108*a 111*2 J'ly'05 115%116 34 16*a J'ne'05 12 ^ Apr '05 16*e Jan '05 125*2 130 27% May'05 108% 110 115*2 116% 112% 112% 116% 16% 126% 129% 106 05 34 J'ly'05 105 34 105 34 108 1 02%May'04 01 J'ly'05 03 Nov'98 18 17 J'ue'05 112*2.... Feb'05 10*aApr'05 110*2ll3l2 105 106 *2 11 04 101*a 04 99% 101*2 117*2118 117 117 110*2113 111 111 104 106*2 J'ly'05 % J'ly '05 Mar'04 112% 13*4 J'ly'05 111*2113*4 110*2 117-a 08 34 Jan '04 17 May'05 117 117 15*2 27% J'ne'05 U7 34 119% U5%115*2 Apr '05 128% '101*8 1907 Incomes 1911 Chic Rock Isl & Pao 6s.. .1917 Registered 1917 General gold 4s 1988 Registered 1988 1st & refunding g4s 1934 Coll trust Series C 4s .. 1905 His 1910 is 1915 1910 N 4s 1917 O 4s P- Is 1918 Chic R I <fc Pac RR 4s. .2002 Registered 2002 1913 Coll trust gold 5s Choc Ok & O gen g 5s .01919 Consol gold 5s 1952 Keok& Des Mist 5s 1923 19 ia May'05 Aug'04 Api '05 15% May'05 Si 113% 98% 99 116 34 06 85 8 121*4 15% 15 101*2 Convertible deb 5s 96% 20*4 J'ly'Oo 134^135 4; 34 C F & St Paul 1st 5s 1909 Winona & St Pet 2d 7s. .1907 L S & West 1st g 6s 1921 Ext & Imp s fund g 5s 1929 Ashland Div 1st g 6s.. 1925 Mich Div lstg6s 1924 103 98 106 108*2 111 34 114*8 194% 10734 133*2 138*2 12*4 J'ne'oo 121 Illinois 1st 5s.. ..1910 4 '4 100 100 104% 105\ 04% J'ly'05 38*2 J'ly'05 I3b% 104 95*a 96*8 :, 110*4 110*4 loli, 103% 106*4 108*4 106V, loo's L 4 118 ^6 83 tO 1 *4 79*4 h0*4 05 34 Aug'04 107 »4 107% 100 113 113 '04 80 Sale 108*, 1 16 '4 May'05 110 109*4 107*2 J'ne'05 'of, Mai 113 102 J'ly'05 98 J'ly'05 113*4 K<-0'o:, 1 Ott 104% 107 110*4 U0*4 127% 130 19*4 Nov'04 Feb '02 131 42 129% 31*2 Jan '05 101 103 121 121 105 34 Sale 105 97*2 Salt 03 09 *v Sep '03 121*8 23 May'05 05*4 105 o7 97 131*a 131*2 Apr '04 21% Jan '03 97^ 1 "2'y 120 34 126 123 123 104%107% 107 "95" "99**8 101*4 Sep '04 97 J'ly'04 98=s 97 96 34 96i2 96*4 82% Sale 95 93 94 90 8234 J'ly'05 May' 01 76'-, Sep 95 95 79 85 Dec'04 May'04 3** '04 iOO 91*2 94% '44 90ia 97% 110*8 Apr '05 110 11534 .15 115 115 Apr '05 110 J'ly'Oo 109 11034 94 4 Sale *106 14 112 :! 109% on Ne*t Page. Railway Ry—{ CcmjRef g 4s2002l A- 91 118 3 , LexAv&P Fist gug 5s 1993I.M Third Ave RR con gu Is 2000 Third Ave Ry 1st g J<. .1937 S El (Clue) 1st g 4s. 1938 Mil El Ry <& L 30-yr g 5s. 1926 MBrn St Kv 1st eon g 5s. .1919 St Jo Ky IA HAP 1st g 5s. 1937 St Paul City Cab con g 5s. 1937 Underground Elec Rys of Lon don Profit sharing 5s. ..1908 Union El (Cine) 1st g 5s. .1945 United RRs San Frsf 4s. 1927 United Rys St L 1st g 4s. 1934 Chic St 10-yr cons g 5s. 1930 W 35 115 10- 34 11 11714 122 6 14 116'4 1 Mil Met ; '». 04*2Nov'04 05*aMay'04 05 May'05 10*4 Mar'05 St 4 106 : 106*4 105 107 34 Met 10*4 Mav'O.- 106*4 10* 34 10214 DDivlst7s Street F-A F-A 96 LSuDivg5s....l921 MISCELLANEOUS BOAUS—Continued 1 115*a JTy'OP 100 4 M 90 1 v 3 106 110 85 "80" Sale 1st lien 3 "28... 1950 95% 66 94>a 97% 96 Not' 04 Wis* Minn Div g 5s.. ..1921 l 105 4 105% 126 102% 106% Mil <fe No 1st L 6s.. ..1910 104 JUy'o5 103 104% 1913 1st consol 6s 113>aJ'ly'05 105 114 &Northw cons 1915 Chic 7s 92 92 91 93 <a 1886-1926 Extension 4s 09% 100 98>aloi 1886-1926 Registered 92 4 92 >v 1987 91% 93 Hi General gold 3^8 92 e J'ne'05 92*8 92 4. Registered »1987 lOS'aJ'ly'OS 10812108^! Sinking fund 6s. ..1879-1929 109 Apr*05 109 109 Registered 1879-1929 1 9 'a Mar'04 Sinking fund 5s.. .1879-1929 100 J'ne'05 97 34 100 Registered 1879-1929 yy May'05 99 1909 99 Debenture 5s Registered 1909 1921 Debenture 5s 1921 Registered Sinking fund deb 5s 1933 Registered 1933 Des Mo & Minn 1st 7s. .1907 123 J'ly'05 1 19 "a 123 V, Milw& Madison 1st 6s. .1905 North 99 Sale 101-2102 .VI- Street Railway Brooklyn Rap Tr g 5s.. ...1945 1st refund conv g 4s 2002 BkCity 1st con 5s. 1916, 1941 -RkQ Co& S con gug os.1941 Bklyn- Uu El 1st g 4-53.1950 Kings Co --El 1st g 4s.. ..1949 Stamped ,%uar 4s 1949 Nassau El*;c gu g 4s 1951 Conn Ry& L\i 8 t& ref g4*as'51 97 I&D 95^4 % I 15 103 34 104*2 10li 4 102% 113Vj 1924 1910 1910 Extenlst7s 1908 1919 LaCrosse & D 1st 5s Mineral PointDiv 5s.... 1910 1910 So Minn Div 1st 6s 1909 Southwest Div 1st 6s J'ly'04 .:'. 104*3 Mar'05 101*4 J'ly'05 lOl-'* 119 111 101 98 Sou assu g 6s <fe 1 13 10934 & Mo Riv Div 6s. ..1926 1910 & Pac Div 6s 1921 Chic& P W let g 5s Dak & Gt So g 5a 1916 Hast<fe 1st 5s . 112 Si 119% 119% 119 116 Chic Chic Far ••. 112 110', 111 1950 D 5s 1905 1922 1949 Registered 1949 Gold 4s 1949 Iowa Div sink fund 5s. .1919 Sinking fund 4s 1919 Nebraska Extension 48.1927 1927 Regis tereii 1921 Southwestern Div 4s Joint bonds See Great North Debenture 5s 1913 Han & StJos consol 6s. .1911 Chic & E 111 1st s f cur 6s. 1907 1934 1st cousol g 6s 1937 General consol 1st 5s 1937 Registered Chic & Ind C Ry 1st 5s. 1930 Chicago & Erie Hee Erie Olnc In & Louisv ref 6s.. .1947 1947 Refunding gold 5s LomsvN A &Ch 1st 68.1910 Chic Mil & St Paul con 7s 1905 1914 Terminal gold 5s General g 4s series A..el989 Registered el989 General g 3^8 series B.el989 Chiccfc 98 l4l01'a . . .VI- 72 100 103Hi 49 94% 97 34 >4 Vi 1 P.. 135*4 J'ne'o.", 106% Registered Chic B & y— Ch & la Denver Div 4s IBinois Div3>2S 95 101 101 1 106 1 . M-S A-O 103*2 M 99k, 100 92 Hi Sale J-J y-j F-A Ced K la F & N Hee B C R & K Cen Branch U Plstg4s...l9l!- J-D Cen Branch Ry Hee Mo Pac N Cen RR & B of Ga col g 5s 1937 1st pref income g 5s 2d pret income g 5s 3d pref income g 5s 95% rvi-s 1st 5s 1st g 5s.. pi 945 103 97 Peb'05 0ct •:,- 1992 Registered 19 10 Craig Valley 1st g 5s A Div 1st con g 4s. .1989 2d consol g4s L989 Warm Spr \r al 1st g 5s. .1941 Greenbrier Ry 1st gu g 4s '40 ClllC<fe Alt RR ref g 3s... 1949 Railway 97 34 Oct '04 105 34 Sale 105 91 4 93 95>* CRIF&N Wlstgu 58.1921 A-O M & St L 1st gu g 7s 1927 J-D J-J Consol gold 5s Registered U4 l 112*4 R& a. 125 1gNov'03 112 88 Jan'04 9734 08*8 J.J J-J J.J J-D A-O 1934 A-O Registered 99 H, 100 101^ lOlH-J'ly'OO 113*8118 112>2Nov'04 lo2 Ji 102=8 10234 102% MS 112% 118 1 93 :::: 110*4 5S..192) l 92 High So Low Jlmh. 1 110*4 ft.1987 uii 1 99!aNov'04 9958 J'ne'05 99 'a Jan '05 98 "a Nov'04 97 Oct '04 *96<8 F-A | Imp "ry 1 ':, J'ly'05 104 11 5 ' - 95*4 Lit 95 99 58 May'05 *9738 *96'8 F-A F-A 02 97 97'' s 9 5 4 Salt FA S 1 & & Ga RR 106 1 Sale Sale geu'l A; '.- ioi^Sale' 103 34 104 4 114 101% 105 104 103 J'ly'05 100 >2 103 A-O J-D 102 Nov 97 Nov VI 99 V2 ./ Low Since < 16 <9 134%134'i 134 Le & Hud u gen gu •j.) l".". 7 h L-h <fc Wilks B :oal 5s.. 1912 L32% on exl guar 4 '-js '/I'll o \sj.\i 133 N Y & Long Br gen u ta 1941 109 110 Cent l'aciiic Bet So Pacific Co Chas«feSav SeeAtlCoasl Line Clies & Ohio g Os ser A..A1908 39 91 "alO^ia Gold 6s olOl 73 90>el03 1st consol g Os 939 1750 86 93^ Registered 1939 57 103i4 108 1992 General gold 4 >as 104 lo4 Jan '05 !, Bale' 991.^ m-j A-O Divlstg3%sl925 M-N P L E & Va Sys ref 4sl941 South w Div 1st g3%3...1925 Registered A1925 Mouou Riv 1st gu g 5s. .1919 Cen Ohio R 1st cg4%8.. 1930 of 14" N iJock Asl. HO'-, Ill '•, "i" 5 Registered Am :, ' -j & Xor 1 96 96 95 '2 I), c'04 90 4 J'ne'05 14 34 13 4 Sale" Bid 94 110> 2 aJ ol Range e/c's Range or Last .sale Aug 4 Gfl {Continued) On- pni mon 4s. 1951 Div 1-: .Mid Gadfc Atl DlV ".--. ..191. Mobile Div 1st v 5s 1946 i 'halt .Mac ;ent oi At Coast Bine Del& Hud 1908 1909 H 1910 1911 1913 East Okla Div 1st g 4s.. 1028 Atl Knox & .Nor 1st g 5s. .1940 Atlantic Coast 1st g4s./tl952 Charles & Sav 1st g 7s.. 1930 Sav F & 1st gold 6s.. 1934 1st gold 5s 1934 Ala Mid 1st gu gold 5s 1928 Bruns & 1st gu g 4s 193» SU Sp Oca & G gu g 4s 1918 Atlantic & Dauv Hee South Ky Austin & N Hee Sou Pacific Bait & Ohio prior 1 g 3 "as. 1925 Registered A1925 M94S Gold 4s Registered A1948 1911 Conv deb 4s Cent 106 Ity Series F Series G Series Series 1 Series K Canada South 104 Hee Registered & 10.!'., 105^8 1043, 105 H, Dec '04 103> 4 Dec '04 L36Hi J'ly'01 Mar'OC 120 100 Stamped /U995 .Vi-N Debentures 4s SeriesE.1907 F-A W High 10 lv Oct '00 L02>a Mar'02 Mar*02 11 U934 Oct '04 1021 Allegheny Valley WeePeun KB Alleg & West Hee Butt K & P /il995 Ann Arbor 1st g 4s Atch T & S Fe gen g 4s... 1900 Registered 1990 Conv g 4s (subscrips)..1955 Adjustment g 4s /I.1995 BJun&M '.j "a 10734 Sale 1117 100 .Sale 100 93 -a 933, 93 34 Sale liese are pr ices n the b Virginia fund debt 2-3s... 1901 6s deferred Brown Bros ctfs. Albany <& Susu j'ly'Ofl 107 J'ne'02 Kil'v Dec '04 V, 104 1D4 J'ni-'n.. 104 H P;l' H liiiv 132*4 132% J'ne'05 132 133 J 109 J'ne'05 A M-S /) -. 103 104 104 132 132 108 Small Alabama 1 i.ijw "a J^rtce stock exchange Webb Endow auo 4 -v y. 104 104^ -.1 1033., A-O I' '>>-. 103% 101 Hi Sale 1924 Louisiana new COUSOl 4s.. 1914 North Carolina cousol 48.1910 1910 6s 19»a So Carolina 4 *28 20-40 Tenn new settlement 3s. .101;; Railroad Cent Hee So '. High, No vriv 103*8 1041s ion 103% 101 i« hm Hi:ii 103 s!, mi 1 is. since Januari/ 1 S 2e cousol reg istei ed.c(1930 d 1980 8 2s consol coupon Philippine islands * Last Ask Low Hid V U BONDS Range Price Friday Aug * 91 % 91% J'ne'05 95% 95*4 Sale 117% W 91 120 96*4 118 L4 Apr'05 95 Feb'05 106 Oct '99 109% 42' 90 117 39 94% ... 94% 120% 97% 116i2ll8% 90 96 97 100% 106% luO^Nov'Ol '108 100 111%111'i 110 D 98% O" 90%Sal<- Sale 9S% J'ly'04 98»s 106', J'ly'05 J N 87*a 90% 90% 87*2 67% 99 Dec '97 10634 87% 91 85% 89% t Gas and Electric Light 116% 119% 118%12134 Atlanta G L Co lstg 5S...194'; .1-1 d Due Apr e Due ji»y jDuej'ne A Due J'ly a Due Aug oDue oct 116*4 J'ly'05 J'ly'05 120 a Due Jan. p Due Nov sOption sale J A i 1 ' BONDS Price STOCK KXillVNGE wrkk Ending acq 4 ChlcASlL ««Aklii,iNi* Cine St A N o s 111 Out JYulau Aug 4 N. Y. < Last Hi i' it \\ eon 6a. „193<i 8a reduced to 3 H»a. 193< Ch SI P a M in" I"' p6s 191 Nor Wuwoualn lei 8a. ..1930 St P A- s city 1st r 8a.. .1919 Chicago 1Vr it'"' s g4s...l941 i_ Cons Coupon Clue w .v est 1 mi gen a 6s o 1 J-D J.D ij-.M "94 115 JJ H .6 W an JJ Clev Clev Clev A A A AO AO 1990 Apr g 59.193:; d Lor A Wh con 1st i'wfenn RH Marietta Maliou Val g 5s. ..193s j.j Pitts See Penn Co 1947 Col Midland 1st g Is Colorado A Son 1st g 4s. ..1929 Colum A Greenr Set So Ry Col A Hock Val See Hock Vai Col Conn A Term See S A 90 . ;, 4 U4»aJ JJ FA J'ly A: Dak A 1 H A II ot 1882 1st 5s. 1913 deoraiaA Ala .sv. sea a Line 1.. Car A Nor S«* Sea A lane Vil ' 119 Oil iol', Hi 132^ 134" i"3*i 34 . 100'8 1()3-. "99»« "W*i ioi" 7-1 >4 100 Hi K13 Hi 102*8 102 112 UP, 1 1 4 l 4 121', i31 84 136*" 7 4', 118 116HiJan'O0 Hi alias A Waco See M K A T A Western 7s. ..1907 ' Essex 1st 7%. ..1914 1915 1st consol guar 7s Registered 1915 2000 1st ref gu « 3 His N Y Lack A~"W 1st 6s.. .1921 Construction 6s 1923 Term A improve 4s 1923 8tt Bing A N Y 1st 7s. .1900 Warren let ret gu g 3 "28.2000 Del A Hnd 1st Pa Div 7s. 1917 Registered 1917 Alt) A bus 1st con gu 78.1900 Guar gold 6s 1906 Rens A Saratoga 1st 7s. 192] Del Riv RR Bridge See Pa RR Denv A R Grist con g4s. 1936 Consol gold 4 His 1936 M-S J-D J-D J-D J.J FA M-N AO F-A M-S 9 1 Hi 74 '4 Sale Sale J.J J.J Improvement gold 5s...i92s J-D Bio Gr West 1st g 4s.. ..1939 J.J AO Consol and col trust 4s 1949 Utah Cent 1st gu g 4s al917 A-0 Rio Or So gu See Rio Gr So DesMoiAFtD SeeORAIP M A Minn See Ch A N W es Moi Un Ky let g 6a. .1917 Det M A Tol See L S A M So Det A Mack 1st lien g 48.1995 Eea Gold 4a M-N J-D 1990 J-D 1951 J-D Det Sou lstg 4s Ohio Sou Div 1st g 4s. ..1941 M-S Dul A Iron Range 1st 5s. .1937 AO AO Registered 2d 6s Dul So Shore 98 >4 134*s 102 134 149 103 U 10234 104 . 10234 . 139 *s. W Registered l 73 90 77 '-4 96 H> 108 HO', 120 129', A Atl g 5s. .1937 J.J 129*e 130 112*8 115 103 105 W W Erie* Pitts .See M-K M-N M-S M-S AO J-D M-S M-S 98 95 97 J'ne'Oo 1023, Sep '04 92 115 120ia 12Ha 120*3 108»a. Mar'05 97 84 96 Hi 116 IHH1II6 J'ne*05 . 132 96»2Sale 107»6 Sale 124>2 104 34 123 103^4 135->4 115 i« J.J 113^ M-N 117^2 J.J 116'4 F-A F-A 101 -.N 120 M-N A-0 J-D Penn Co 103 Hi 110 1093s lllHa. . 107Hj Gas Coii-tnmjas Detroit City lht g 6a a 5s. 1945 M-X AO 1947 ..1909 J -J 6eeBOACCo GasgSs 1923 J-J »- .,"*. V° con l 8 t«os...l91s F-A KdEUUhkn ieeKCoELAP *d L 1U i,ee a Y ii A E L H A P Kq Ij L.N Y 1« con g5s..l932M-S Eq G A Fuel See P G A C Co Ga*A h.lecl',ergCocg5s.l949 J-D » eL eb u .(H,» i'j Or ftapu DCo Istg6s...l915 fa Hudson Co Gas 1st g 6a.. 1949 M Kau city iMolGaa lstg 5s 1922 A-O : . 114*al]7Hi 101 Hi 103 133 137 103 *a 100 "j)!" "95" 93 »e 93 8 88 Nov'04 98*8 10 94*4 98»8 96 Hj 107 Hi 108 124 9534 111 1 26 H2 Mar'O". 126*al26Hi 110 Mai'u5 105 110 123 123 120 Hi 123 Hi 10234 105 104 104 134*3 130H; 134 Hi J'ne'05 118 J'ly'04 116 116 116 J'ne'05 117 117 117 J'ly'05 114*4 Ho 116 Apr '06 112 "j 104 104 J'ne'05 HI LOO 110 Hi May'05 117Hill7Hi 1 17 Hj Jan '05 1 HO'4 J'ne'05 108*aH0'4 109' e Jan'05 109' 8 109' B 113=a 68 175 Sale 113 69 171 101 I0O78 J'ly'O5 105 J'ne'03 112 /See iio" 99*a 18 118 66 73 175 69 92 102 Hi 106 *a . A N Y 1st guar g 4s. 1945 1945 E1C A N 1st gist pi 63.1914 Gold guar 5s 1914 Leh A Hud R See Cent oiNJ Leh A Wukesb *ee Cent of N J Leroy A Caney Val See Mo P Leh . 1st consol gold 4a 1st 6s lOl'i 102 7e 102*8 102 1, 187*4 99 98*4 iol in 102 *» l".r .'4 112 im" 109*2 110*4 J'ne'05 110*4 110*4 1 :; *a Mar'00 102 Hi 02 "a L02*a 94 Mar'o3 ioi h 101*2 May'Oo 70 Oct 'Oi io2"»a 1 -i ioi" IOIHiIOIHi 105" 108* J'ly'05 108 102 100 , li'3Hi. Oct 'oi lm; LOO'S J'ly u5 106 Hi Mai '03 96 107 123 .Maj ':i: SO 84 Jan '06 J'ly'05 84 96 Mar'05 95 Hi 90 . '^ . :•/»', . Hi.. 86 81 93 106 106*a "9434 "96 '*8 104 103 May'Ofi Hi 85*2 86 84 101*8 Oct '99 100 Nov'00 109's May'Oo 92H>.... 104*3.... 121 y4 103*2 123*6 .... 120=8---. 94=8 90 Nov'Os 124 J'ne'06 1193j Mat '04 110H> Jan '05 M-S 107 107 Mar'04 106 107 9934 IIOH1IIOH1 Nov'04 103 J-J J-J 123*" i'2*5" 93 38 M«y'04 .... 101 J-J 109*8109*8 122 122 J'ly'05 122 .... Hi Dec '02 99»8 100>a 119 122*9 100 103*4 70% 81 Il2*all6 86 88 9934 J'ly'05 121 Hi J'ly '05 1023, IO234 M-N 120 M-S 103 M-S 79 J-D iiS" 80 M-S 85 . 80 J'ne'o5 113 85 J'ly '05 72«8SaJe A-0 72«8 262 72*4 63 Oct '00 J'ly'05 11734 118 114Hill5 H434 A-O 117<*g 118*4 120 M-N *100 70 76*« 117*2 120 112«8 116i4 114 34 Feb '05 H7Hal20 J-J J-J 11038. 112 Hi J'ne'05 105 Jan '04 110*2112*9 120*4 ii'7*"ii9«" J-J 113^4 119*4 May'05 109*2 Oct "99 115 J'ne'05 . 99 M-S M-S A-O 106 A-O 104*8. Jan 99 . 116 99 115 99 '06 , , . 106 Hi Nov'04 V 114 100 A-O M-S Q-J Unified gold 4s 1940 J-J Registered 1940 J-J Coll trust gold 5s 1931 M-N 5-20-71 col tr deed g 48.1923 A-0 E H A Nash 1st g 6s.... 1919 J-D <;«•» nnd Electric Light Lac Gas Lof St L 1st g 5s.el 919 and ext 1st g 5» 193 Milwaukee Oa* L 1st 48.. 1927 B L H A f g 6a.. .1948 I'urchaae money g 4a. ..1949 Ed 1 H7Hi Apr'05 I17*f 117*9 101 106 100 78 1<»2*9 105 106 . . 101 Hj Jan 99*4 Oct H, '0.; . '04 100 Hi J'ly '05 110 J'ne'04 10234 102'e 100*4 103 112 106 107 H< 120 119*8 104 104*4 106 120 Mar'02 lll3g May'05 112*8 J'ly 05 1113a 111*8 106 '* 54 104*2l06*a 112*«H2i» J'ly'05 119 122 , 117 119*9 ll834 Ma>'0.r 104 Hi 143 L02*a 105*4 . 104 l01 78 J'ne'04 99 \ Sale 114«8 , 36 ioi '^'103*4 105*4 Mar'03 113*2 1113, 112*2 115 Apr'06 9934 903s 114*4 J'nu'05 107^1073^ 107 34 1O0H * ChG 1 00 loo 9 L27 »4 '"' ly'H.-. Id 110 91>9 n*i ', 106 105 116*9-... 101*9.... 114' 8 76 H5 • 97HilOO% 114*4 117 ; 1 ,; '.'..'. tfay'OS ly'o; ]07»4 1 Hi Mil Fuel a K68. 1941 use Lighting lal g renion '. & El 1st % 68.. I'.M'.i Weatcheater Ltght'a ! Due Feb I ii Due Apr eDueMoy ADuej'ly «DuoAng ' 19 *4 a*7Hi • Hi HIS 103 106 *a no 106 I Purclnfle . : I : 106*4 113*9 .T'lv'o'i 109 :.u a 109*4 105*2 100*8 92*« 92 111*9 8 IO734 1 I 105*4 110*4 *.| I 91 latgugS i, ' 109»* 'Tay'05 92«g l09'*4 ' I . . A-O A-O M-S 1.0111KV& Naaliv gen g 6s. 1930 J-D Gold 5s 1937 M-N ..-. t ' Apr '05 J-J J-J : BAM Blstcong5s 1935 Y A R B 1st g 5s 1927 Nor ShB 1st con ggu5s 01932 Louisiana A Ark 1st g 68.1927 Y .v I'.i-s ij <t B con g 68.1949 Peo .as A 1st con g Os. 19 Refunding KO id 6a 89 Hi b 3 109 J-D 101*2. M-S 101 98 J-D M-S 1023b J-D gold 4s M-S 102»« Mont lstg 6s. .1911 M-S 107'» 1911 M-S 104 <8 N* Nov'03 'ii.-. I7(J i'oo" 1938 1922 1932 1949 1934 1949 El 111 1st conv g 5s.. 19 10 1st consol gold 61 1995 )J lal eon g 581930 d RloJa 1. as lsi g 68.192] ! May*06 ». Lo6*aJ'ly'04 103 J'ue'Oi. 105 O-J ft.1931 General gold 4s Ferry goid4His Gold 4s Unitiedgold4s Debenture gold 5a N 1°1 S 101 107 Long Dock &ee Erie Long Isl'd— lstcong68.ft.1931 Q-J Guar ref Bklyn A IOP4 M W 1 99*a 108 »a 01 Hi Oct '01 91 J'ne'05 10734 Deo '00 109*9 Fell '1 100 89 LAN 6'ee A St L Knoxville A Ohio See So Ry Lake Erie A 1st g 5s . 1937 2d gold 6s 1941 North Ohio 1st gu g 6s.. 1945 L Sho A Mich S .See T Cent Lehigh Val(Pa)cons g 4s. 2003 Leh Val N Y 1st gu g 4 His. 1940 Registered 1940 Leh V Ter Ry 1st gu g 68.1941 Registered 1941 Leh V Coal Co 1st gu g 58.1933 r.i 89*4 fi" : L02*sMay'0f 1950 A-0 LAP 114 I U((SI»rv—4 ontinued on >ext 1'ase. J'ly'05 J'ne'05 El L& Pg6»...1937 A O 109 money i)«.. 19117 J'ne'05 Xd El II Rki, lal con « is 1339 AJ OJ 122 Hi 124 123 94 Hi Apr JMopnce Friday; latest bid and a* iced this week, a Due Jan KlxgsCo UOHi Llectrlc laulu It '-..ii io 3s. .1950 Registered MimiK I.I.A SEmiH Han nnd 108 34 107 98HjJan'04 9 3 76 Sale M-N .VI 117*812034 12034 110HaJ'ne'06 114 Hi J'ly'05 103 Feb '06 134Hitoay'05 130 Aug'03 101*4 10 3, 114 Si. 105 1 ' N II334 J 'iy '04 10834. I 101*4 10534 A'eeStLASF See M K A T Kentucky Cent Keok A Des Mo 95 70 90 114 10834 J'ly'05 114V '4 nnviJ'iy'O.-. '.".'.'.'.'. O g Registered 92 Hi 92 Hj 116^ 115 J'ly'05 116 \l.l 1 I 1 g 4s... 1932 M-S 5s.. .1951 J-D 1951 J-D 1951 J-D 1951 J-D Meiuph Div 1st g4s...l951 J-D KCAMKAB 934, 112»e. 24 I 106*4 II 110*a. * 1st 1/alAAGR 6e«LSAMS M 95*8 J'ly'05 8144 '-j 1 W May'05 Aug'01 100 1 104 102 1952 A-0 Kan C A Pacific Kan City Sou 1st gold F-A A-U J-D AO 1 St L Sou 1st gu g 4s.. ..1931 Ind Bl A West See C C C A St L 134 134H; Ind Dec A 1st g 5s 1935 1st guar gold 6s 1935 103*4 i03*4 Ind 111 A la 1st g 4s 1950 102 100*8 Int A Great Nor lstg 6s.. 1919 142 Hi 142 Hi 2d gold 6s 1909 3d gold 4s 1921 100 102 Hi Iowa Central 1st gold 5s.. 1938 Refunding g4s 108 109Hi 1951 Jeflersen RR see Erie 107 Hi 110 98 101 94*2 Ivan A Mich See Tol A O C 89 K C Ft S A See St L A S P 101 lOlHi 106»4 108 Apr '05 108 >ti 108 J'ly'05 100 Sale 99 Ha 100 90»4 9134 9134 J'ly'05 9334.... d7 Jan '02 lol'« Sale M-N A-0 96 J-J 1951 J-J l'.Cl J-J 1951 J-J 1951 A-0 1951 M-S 1952 A-O 105 Hi 108 142HiMai'05 J.J J.J J.J J-J J.J at LA Hi So Xlgin Jol A East 1st g 58.1941 Kim Cort A No See Leh A N V trie 1st ext gold 4s 1947 2d ext gold 6s 1919 8dext gold4Hi8 1923 4th ext gold 5s 1920 6 th ext gold 48 1928 let consol gold 7a 1920 let consol g fund 7s 1920 Krle 1st con g 4s prior. .1996 Registered 1996 1st consol gen lien g 48.. 1996 Registered 1990 Penn coll tr g 4s 1951 60-year conv 4s A 1953 Bull a Y A Erlel8t7a..l916 Butt A S gold 6s 1908 Clue A Erie 1st gold 5s.. 1982 Jell RR lstgug5s al909 Long Dock consol g 68. .1935 Coal A RH 1st cur gn 68.1922 Dock A Imp 1st cur 6s.. 1913 N 1 A Green L gu g 6s. 1946 N V Sue A 1st ret 5s. 1937 2il told 4Hia 1937 General gold 5s 194i Terminal 1st gold 5s... 1943 na 45,000 each. ..1943 aff.dfiB.OfNJ lstg 6s. 1910 Wlik A fc-a 1st gu g 5a. 1942 1 Chic St N Registered Gold 3H28 Registered 130 1 Ga gold 3*38 CarbAShaw 128% 13134 127 Feb '03 '04 Mar'O* 116 89 16 101*2 Sale 101*4 Sale A Tex gold 4s ...1963 M-N Registered 1953 M-N Cairo Hndge gold 4s I960 J-D Louisville Div gold 3*a8.1963 J-J Middle Divreg5s 1921 Omaha Div 1st g 3s 1951 St l.euis Div gold 3s 195] Registered 1951 Gold 3Hi8 1951 Registered 1951 Spring Div 1st g 3H28...1951 J-J western Lines 1st g 4s. .1951 F-A Bellev A Car 1st 6s 1923 J-D 116Hill6Hi 107 96H; 100 Sep inf. 100 6'ffSoPacCo Illinois Central 1st g 4s.. g 3*28 1st gold 3s sterling Coll Trusi gold -is 1937 1916 J.J ot Mlnn SeeatPMAM V"* XJaat Ten Va A See Ry A TexCeu lioiisl 101 71 a 84 15\ 110 Apr '06 I J AO AO l' Registered 101 \ Sale 105 h. Oi ll-l HAH I 98 21 Feb '04 109=8 108 Mar'05 126*4 126 76 126*4 J'ne'05 130 128 H2 J'ly'05 127 J'ne'05 100*3.... 127*al33*a 130 Hi J'ne'05 lllHa 112>8May'05 102=8 104 May'05 107 Sale 107 107 .M-S A-0 A-0 M-N J L JV 75 101 s'.c. J J l'.i'Jl 192] Q.J 11 -Is Regiatered J'iy*'05 112 i*a L2*a 1 I Extended 71'4 Sale .I'ne'ii.", in 1 '/iijH. 1. Ky t 90'4 100 A -Vi I' 1 D A 1 J"iy v05 HOHi lllltll C.'l JJ J Greenbrier Ky 8m Cbes O Hull A s 1st rel A K 6a ''l'.'.V- J-J s .j„ an A nff 15 C A || Q I • 011s. Home. Bet N Y N Hock Val 1 st consol g 4 His. 1999 J-J Reglatered 1999 J J Col A H V 1st ext 4a. .1948 oust E A Tex Set So Pac CM Moms A 1 1 104HiNov'01 4 /.OIK I20*a ill lie 1 I'ilcCo Set \ \ Cem Set Penn KK Set St i. S w ' 1st 100 A -(> A J-J .SlIICI' /anuary SM SO Nur uawegat Registered./! 1 121 >8 >v- a tnl Rap<S rut uray's Pi Derm .1 Nor—C HA- Q00U I til J'ly'05 102V,J'ly'0B 112»8J'ly'06 121-'4 J'ne'05 115 10.1 100 98H B"eb'05 a.ng'03 Jan I'll GA \' ,,iuv I 103K, loo'i J'ly '06 I00»a Mar'O. n'j'j.riy '05 100 6'M SO irifia I'.ieillc 103 *s 103 .... Atk or 1 i.ila 100*4 .... 100>4.... A Remgt i-K'S 1 si p 116 0." Pas Rivs 1st g 48.1943 A-0 A St I Gt So See Del Lack W I I W Conn 1- 1 . »'''. 1 QF Init Bl A- \v 1st prel 48.1940 A-0 \V 1st pt 5a...itl938 i^-J Ind 4s. ..1940 . 1 I 98 1 1 104 Hi Deo '03 113 Oot '00 May 'OB 110 . 100*4 99*4 100*4 94 Hs 104*9 106 101 S; 103 H L03 1 A l' 115 MN Cm Peo A Fast 1st con Income 4s '-j 1.3 w O 90 BR.H' 1934 94 115 i JJ Registered j- cons 6a 1st 11 1.(1 1 , in'.', Cm I 1 9ii>4 J'l> '06 1 cm 138 J'ne'OC L36 i'."' i - i.' T ,c general cold 5s 1941 Mt Vernon 1st gold 6s. .1923 sun Co Branoli lal g 6s. L93U . a ml si eon gug6s..l926 L'argo a So til* 'ii M A si r I imt a fere M St Pere Mai 1.1 1' A IVnm Set Sea Air .in. si U 1» Co 1st g 1 Ljs. 19il A- Den C 1st g 68 1921 \V A Km ur 1st l' Is. ..1928 ':il liar A > A See So PaO< 'Ofi Mar'i 100*4 103 000801 s t> koIii t>ea 1 Let 1st I M'l •a AO .1 i^'s.riy'o;. Deo'08 08 H> 131 L2S J 7a.. .1906 \ O 19S' JVI N Be.. .194 4a. 195a ra C 1 st L>iti' 6M C C C A St 1 St L Cin 8 A C SM C C Cleartiel.t A- Mali .S'r« Clev CA- SI liRena 4a 1993 J-D 1931 JJ Cairo i>iv 1st nolii 4a \V * M Div 1st g 48.1991 J J Bt L Div 1st Ml tr g 4s. .1990 1991 M-N Registered Bi<r* Col Div 1st ft 4S.. 1940 M-S VT Val Div Iatg4a...l94l J. C 1 St J. it c consol 6a.. 193U ,vvn fcl936 1st gold -Is fcl936 S-F Registered s >t ci eon 1st g 3s .1928 j.j consul 7s 1914 J-D .v 1914 J-D iol smk [unci 7s gold consol JJ 68.1934 General M Cin D A Cin ,i 136 Ts M-N Que A W m u'U >'< Pere Marq ChooOA Gull SM I'll lA P Cm t 1st ott 982 us v.i SwPennCi tta ug a .1 Low High Vo II Range /iH'ini /d.i <"<' Chit- 545 /Tied KK KN1HM1 ACI1 I I 2 STOCK i:\CHAXCK \. Y. Sine* J fin it Ask Low n'tu , BONDS H'ea*** Ku V j I Bond Record— Continued— Page 5 1005.1 . ' .112 a 1 In 1 : One Oct '4 I q Do • Bond Record— Continued— Page 546 ;;o.\i>s Price STOCK EXCHANGE Wkkk ENDING Aif) N. Y. 1 Loutsv Naahv—(Continued <fe > LCin & Lex goliUHzs.. gold Os. ...1930 J-J L930 J-J 2d (told 6a Pensacola Div gold 6s... 1920 M-S ftfl-S gold 1921 6a St L Div Ut 1980 M-S 2<1 gold 3a tsfgC 1.1933 Sendi c Bdgi Kent nek \ !en1 gold 4s.. 1987 J-J N M 0«fc 12 anhattan Ry consol 4s. 1990 1990 Registered Metropol El 1st g (is.. ..1908 Man S Colomz g 5s. ...1934 N A-0 A-0 J-J J-D Y Cent Metropolitan El See Man Ry gold 4s. .1911 J-J Mex Cent consol FA Mex Internatlstcon g 48.1977 1977 Stamped guaranteed Mex North 1st sold 68.. ..1910 Y Cent Mich Cent See N Mid of N J See Erie See Chic <fc N Mil L H & Mil & Mad See Chic & N & St P Mil & North See Ch Minn <fc St L 1st sold 7s. .1927 1901 Iowa Ex 1st gold 7s 121*2121 75 j'ne'02 118 Nov'99 JTeb'OS 96*! '-2 Mar'06 L12*2 Mar'05 ll."< '4 Mar'06 no Mar'03 90%j'ne'05 llfi 1st gold 6s. ..1921 South West Ex lstg 7s. 1910 1934 1st consol gold 5s 1st and refund gold 4s. .1949 DesM& PtD lstgu 4s.. .'35 L gu See B C R & N MStP&SSMcong4intgu'38 M S 8 M & A 1st g 4 iiit gu 192G Minn Un See St V M &M Mo Kan & Tex 1st g 4s. ..1990 104 Apr 'of> 106 109 J'ne'05 8 . KaAAO 2d gold 4s 1st ext gold 5s St L Div 1st ret g 4s.. ..2001 Dal <fe Wa lstgu g 5s.. .1940 Kan G& Pac 1st g 4s. ..1990 Mo K & E 1st gu g 58... 1942 1942 K & Ok 1st gu 5s K & T of T 1st gu g 5s. 1942 Sher Sh & So 1st gu g 5s. 1943 Tex& Okla lstgu g5s... 1943 1906 Missouri Pacific 3d7s 1920 1st consol gold 6s Trust gold 5s stamped. al917 Registered al917 1920 1st coll gold 6s 1945 40-year gold loan 4s Cent Br By 1st gu g 4s. 1919 Leroy&O V A List g 5s 1920 Pao B of Mo 1st ex g 4s. 1938 2d extended gold 5s... 1938 St L Ir M& Sgen con g 5sl931 Gen con stamp gtd g 5s 1931 M M & ref gold 4s. .1929 EiV& G Div 1st g 4s. .1933 1st g 5s. 1926 Verdi V I <fc Mob <fc Birm prior lien g 5s 1945 1945 Mortgage gold 4s MobJ&K C 1st cons g 5s. 1953 Mob & Ohio new gold 6s.. 1927 1st extension gold 6s..A1927 1938 General gold 4s Montgoni Div 1st g 5s. .1947 St L & Cairo coU g 4s..el930 1931 Guaranteed g4s & O coll 4s See Southern W Pitta .McKcfe vs 1st 158 Sale 77 78 22 16*3 Sale 13*8 24 *s tee 15°b 135 97*4 Sale 97 '4 00% 90% J My '01 u 19 11 26*2 17*8 94*3 99*2 122% V lstgu 68.1932 135*8 138 M 137 J'ne'05 108 34J'ne'05 137 120*4 Apr'05 113*4 Mar'05 114*4 J'ne'05 97 *a J'ly '05 96*2 96 120*4 122 113*4 113*4 114*3 117 34 »5*a 98*f 96 14 Sale J-J 137 lOS^lll'^ 2 J 100*3 101*8 101*8 101*8 103 Nov'01 J-J J-J 96 98*4 99 102 34 A-O M-N 102*4 3 100*2 104*4 102*4 Sale 102 86*4 Sale 88 34 100 P4 34 88 34 86 106*4 106*4 106*4 103 34 108 92*4 91*a J'ly '05 87 92 '4 105*4 Dec '04 108 Hi F-A A-0 112*4 114 1 9^ 93 i'6*4 J'ly'i'5 M-N M-S 107*8108 li)8 109 J-D l06'«8J'iy'05 105 108*1 106 J'ne'05 10434 104 34 J'ly '05 M-S M-N M-N M-S M-S F-A Sale I'.-A J-J J-J A-0 A-0 J-J M-N M-S J-J J 107*4 Sale 94*e 95°8 104«8 103 116*4 92*4 128 124 Q-F 90*3 J-J 99 109*3 107*9 10838 103 105*s U8 34 U5*8 119 96% 98 129 122 126 96*2 99 113 34 115% 95 95 114 34 Apr'05 95 Feb'05 101 Nov'04 toStPM&M Mont Cent Morgan's La & T See S P Co Morris & Essex See Del L & St L 1st 7s.l913 Nash Chat &gold 1928 5s 1st consol Jasper Branch 1st g 6s. .1923 McM M & Al 1st 6s.. 1917 T«feP Branch 1st 6s.. ..1917 Nash Flor & Shef See L & N Nat of Mex prior lien 4 Has. 1926 W A-0 120*2122 115*4 116 J-J J-J 117*8 113*8 121*8 121*8 115 J'ne'05 120*8 J'ly '05 117*4 Mar'05 J-J 112*2 113 J-J 1951 A-O New H & D teHYiNH&H N J June BB See N Y Cent New & Cin Bdge See Pen n Co NO&N E prior lien g 6s ^1915 A-O N Y Bkln & Man Bch See L N YCent<& H Biv g 3*2S. 1997 J-J N N Begistered J-J y0*4May'O4 , 118* M-N F-A F-A F-A FA ; 99'<s ibl 34*Sale" 101 38 90*8 Sale Sale 90 89*4 87^4 J-J J-J J-J 106*4 A-0 J-D 89 a J-J 99*2 99 V 99»8 23 6 4 W OInd & 107 125*3. 13134 Apr'03 '< 110 132 130 1] 105»s Sale 107*2107*3 104 106 104% 106% 103 103*aJan'05 103*3 103*a 111*4 Feb'05 111*4 111*4 1 33 Hi 1 33 *3 132*3 132 34 132*3 May'05 132*3 Dec '04 130% 103 103 99 34 J'ne'04 99*2 J My '05 100 104% 97 100% 97 Sale 93*2 97*2 1U6 34 109 Hi Feb'05 103 103 103 94*3 97% 109 Hi 109 H» 100 103 105% 106 J'ly '05 99*2 J'ly '05 104 34 100% 103 *2 105*4 75*3 78*e 74Hi 77 99*3 101 122%. 125*3 Apr '05 117*3. 111*3. 108 4 100*4. 92*3. I25*al26% 132 104*2 77*2 Sale 76*3 99 3 4l00'8 105% 106 H104% J'ne'05 77 77 78*8 J'ly '99 112*4 J'ly '03 109 J'ne 05 100*4 Apr '01 92*2 Apr'05 116% J'ne'05 ;, . 113%. See CCC& RR N &N 114%. 107 34 109 99% 101 92*3 92*3 115 116*a 18*4 Feb'05 ll*s J'ly '05 118*4 118*4 111*4 113*4 100*4 101*4 J'ly '05 113%115 114% J'ly '05 99*4100*3 112 115*3 104*4 102*2104*3 Ill . W 104*3 104*2 102 108*3. <fe 3 ) 90 3 115 2d7s 3d 7s Penn BB C guar D 4s guar E 113% 113% 1942 11134 194: 103\ 3*2 guar 107 104*4 * . 101% . *s 110 Jan 107 106 101*8101*4 101*4 107 '05 111*4 J'ne'05 . 114*a '02 ... 106 Aug'O:-: 101*4 101*4 101*4 104% 104*4 104 102 Nov'97 110 109 113 112*4ll334 112*3113 103 103 10 93 93% Mar'04 Apr'04 Feb'05 111*2 Sep '04 110 101 Iexlst gug4*3sl941 98% 117% 120 J'ne'05 121 119 107 119 *105 A1912 011 94 127% Oct BRR& GrR& 106 94 97 113 J'ne'O113*2 J'ly '0.= 112*aJ'ne'0£ 103 J'ne'05 93*-, 93*3 93*2 Sale 1st real est g 4s. 1923 Consol gold 5s 1919 1943 Consol gold 4s Convertible g 3*4S 1915 Convertible g 3*3S 191i Alleg Val gen gu g 4s... 1942 CI & Mar 1st gu g 4*3S..1935 Bge lstgu 4s g.'36 D Apr '02 106 J'ly '05 J'ly '05 96 Jan '04 102 Nov'00 98 34 Apr '04 97 97 104 1949 g W& C 1st 7s... 1912 1912 108*4 111*4 Jan '05 Nov'98 10S*4Aug'03 116*s 98*3 97*4 C Bdge gen gu g4*3Sl945 Series Series Series Pitts Ft 106 102 94 98 120 . PCC&StLgu4*2SA...1940 Series B guar 1942 Apr'02 108*3 J'ly '05 93*4. * 94*2 9o*4 119*8. & 98 34 100*8 99 100*2 103 *« Mar'04 133^ Jan '05 103 CI P gen gug4*2Sser A. '42 Series B 1942 Scries C 3*2S 1948 Series D3*28 1950 Erie& Pitts gug 3*28 B.1940 Series C 1940 105*8105*8 79 34 83*4 10 Mar'05 107*4 Feb'05 105 103 104% 104% 104 1921 Guar 3*28 coll trust ree.1937 Guar3*2SColltr ser B...1941 Tr Co certif'8 gu g 3*28.1916 C St L <fc P 1st con g 5s. 1932 Begistered 1932 107*2 J'ly '00 105 Oct '02 106 119% 101 105 1991 & . 106 117*2 104 St L hio River 1st g 58.1936 General gold 5s 1937 Ore <fe Cal See So Pac Co Ore RR & Nav See Un Pao Ore Short Line See Un Pac Oswego & Rome See YO O C F St P See C Oz'rk& Cher C 1st gu5s g.1913 Co 1st g 5s 194b Pac Coast ac of Missouri See Mo Pac Panama 1st 8 fund g4*2S..1917 . M-S 100 F-A 101*2 11(1*2 1937 Begistered certific's..l923 St Paul & Dul 1st 5s.. ..1931 2d 5s 1917 1st consol gold 4s 1968 Wash Cent 1st g4s 1948 Nor Pac Ter Co 1st g 6s.. 1933 Nor Ry Cal See So Pac Nor Wis See C St P & Nor & Mont See N Y Cent J-D A-O 105 11H 103 105 C B & Q coll tr 4s See Gt Nor St P & N P gen g 6s 1923 121 130 100*4 102% 90 97 9034 93 4 89 89 19 89 90 34 91*8 79 89*4 91*4 89% 90 J'ly '05 89 90 105 3e J'ly'05 105% 107 102 Mar'04 95 19*3 Mar'05 118S. J'ly 'Of, 1 Registered *•, . 105 113 34 Jan'02 lien g 4s.. 1997 Begistered 1997 General lien gold 3s o204 Begistered a2047 St Paul-Dul Div g 4s. ...1996 Begistered 1996 107*2. 101 90 105% Mar'05 1 Nor Pac— Prior N 99*-. 124 120 106 <fe 115 34. 99*4 124 119 106 1 <fe 117*4 117*4 07 124 Jan '08 . 101% CC&Tlstgug5s 1922 Scio V N E 1st gu g 4s 1989 North Illinois See Chi NW North Ohio See L Erie & W J'ly '04 105' 8 May'O5 105*8.... 82*2 E2*4 82*3 82 124 97*4. lstl& gen g4s... 1944 Pocah C & C Joint4s..l941 120*4 123 114*4 117 119 Maj'05 ().-) Div'l .... 110 110 Ill 111*3 Next Page Telegraph and Telephone Coal and Iron Trust Coctfs Col Induslst conv 5s gu A. 1934 1st conv 5s gu Series B. 1934 Contin'talC lstsf guosg. 19 V2 Gr Riv Coal<& C 1st g 6s.. 1919 Jeit & Clear C & 1 1st g 5s. 1926f 2d gold 5s 1920 Xan&HC<£; Cist sfg5s. 1951 Pleas Val Coal 1st g a f 5s. 19 2 8 Tenn Coal gen 5a 1951 . Tenn Div 1st g 6s a 1917 Birm Div 1st consol 6s.. 1917 Cab. C Co 1st gu g 6s. 1922 De Bar C & 1 Co gu g 6s. 1910 V Iron Coal <fc Co 1st g 5s. 1949 . . 74 <fe UlSCELl^ANEOUS BONUS— Continued Col Fuel Co gen gold 6s... 1919 Col F & I Co gen s t g 5s.. 1943 Convertible deb g 5s 1911 1951 1962 N Y & Greenw Lake See Erie N Y & Har See N Y C & Hud N Y Lack & W i'eeDLi \V N Y L E & W See Erie N Y & Long Br See Cent of N J NY&NE SeeNYNH&H New York New Hav & Hart Housatonic B con g 5s. .1937 N H & Derby con g 5s. .1918 N Y & North See N Y C & H N Y O W ref 1st g 4s..ffl99: Begis $5,000 only #1992 N Y & Put SeeH Y C&H N Y & B B See Long Island N Y S & W See Erie N Y Tex & M See So Pac Co Nor& South 1st g5s 1941 Norf & West gen g 6s 1931 Improvem't & extg6s..l934 New River 1st g 6s 1932 N & W By 1st con g 4s. 1996 1 Registered 1997 1934 Deben g 4s Lake Shore collg 3H2S...1998 Begistered 1998 Mich Cent collg 3 *3S.... 1998 Registered 1998 Beech Creek 1st gug 4s. 1936 Begistered 1936 2d gu gold 5s 1936 Beech Cr Ext 1st g 3 Has &1951 Cart & Ad 1st gu g 4s. ..1981 Clearf Bit Coal 1st 8 f 4s. 1940 Gouv&Oswelstgug5s 1942 Moh & Mai 1st gu g 4s.. 1991 J June R gu 1st 4s.. .1986 Y & Pu 1st con gu g 48 1993 1940 1940 Registered S 1st g 3*3S L& Penn Co— Guar 1st g4*2S. 1921 J-J M;i>'05 124 139 \pr'04 124 Feb'05 119 J'ne'o". 106 J'ly 106*3 Nov'Ot) . Sink fund subsidy g 6s.. 1910 W 102 99*3 1' 1*4 100 103*4 102 103*3 li M 93*4 93*4 95*2 100*4 125 34 Hi . 121 119 106 lli:il g" 125«8 93 34 94 108 1931 . 110% 116*2 11 1I)?-'V 114*4. 1st g 6a I91fi 1st consol 6s. 1909 B W&Oconl8text5s./il922 K 2d gu g 5s...el915 R W & O T B 1 st gu • 5a 918 Utica& Blk Biv gug Is. 1922 N Y Chic & St L 1st 4s. 937 107 104*2110 96*3May'05 112*3117 96 3a 114 108 Hi!** 11,2 2 ]i Oswe<fe 107*4 107*4 107 110*2 95*8 96*4 130 94 34 96*4 98*2 J'ly '05 98*2 95 93*4 Apr '05 98*2 OS's 98*3 130*2 125 34 J'ne'05 126 126 J'ne'05 M-S F-A 122 103*3 110 Mar'05 105- J'ly '05 1 18 34 J'ne'05 116*4116*2 116*2 116*2 109 34 Oct '03 93»4 94*8 93*8 94 * 95«4 96 95*8 95*8 102 112 lll*aMar'04 J-J J-D 122 108% 108 M-S F-A 111 104*8 106 107*2 104*2 103 34 121*2 106>3 1063s 122 108 % 94 114 J'ne'05 107*8 107*2 103 *3 J'ly '05 107*3 iVo" 107 lo««a 1934 Begistered May'00 1 122 1 120 , 102% Sale Bat C & Stur 1 st gu g 3s. 989 N Y <fe Harlem g 8*38.. .2000 2000 Begistered N Y & North 1st g 58.. .1927 138*3 108*8 110*4 1153s 97*2 100 Since January High Ao Low Hk]Il L07*a 108 10 i'v.riv'05 99*aJ'ne'0i 78.1906 1st g 3*48 73*8 79 Sale lOIJI-i gu C58.1938 Registered J Range g P 108% 109 *f u*&K"io9" 108 MoKeesA B V Mich Cent Ask Low Kit 1st 58.. 1934 2d guar 6a 99*4 Mohawk & Mai A'eeNYC&H Monongahela Biv See B & O •No price 1st li Mahon CM 104 107 104 104 106*8 109 2 4 * 8 Sale 105 J-D J-D A-O J-D M-N M-S J-D f/1990 F-A 1944 M-N M :; Week's Range or Last Sale 4 Bid 2861 1997 1997 5s 1°4 104*4 M-S M-S J-D St 1st consol 4s gold ! Registered 98*al0u»4 llo llo LU 97*4 96 114*2 1 16*, 112*2 113 115'4 116*2 W M Lake Shore Debenture ^ 4s Det Mon &. Tol 99*4 Aug 1st gu v 68.1916 lit 48 gu... 2361 Registered *a W W Unified Mont West Shore -Nor A. 121 HsMay' 5 104*4 Sale 77% 1st consol income g 3s.<xl989 J'ly 2d consol income g 3s..al939 J'ly 1919 A-0 Equip & coll gold 5a Coll tr g4*2S 1st Ser....l907 <si 109 130*3182 iTice tYiday Wkkk E.noi.vo Acq 4 N v Out & 11 r_(Contln 4a Mahon Minn Ki h 128*9 126*8 111 114 90 105 99*3 II 126*3 Feb'05 114 Apr '06 no 112% Low 1 109 J'ne'06 loo-%i May'Ofi 115*2 110*8 Ch See CI&L LKA4 Coal See L S A M S Ex 101 96 I I/O Mar'05 109 132 N. Y. January 1 io:»*4 ! I B V See liiiRi 129 1 100 946 M-S '-J* L& N <fc M A- M 48.1962 J-J L<fc N-South M N'Fla& s 1st gu b 5s... 1931 K-A Pens & Atl 1st gu g (is. .11121 K-A S «fc N Ala '-(.ii •-u g 6B-. L936 K-A 1910 A-0 sink tun. gold 6a L<fc Jcril ;dve Co gug 4s.. 1945 M-S 1st g 4 loini V Since or High Ash Low 112 122 '4 70 MS I Pacific Last Sale ' ( W& A tig 4 lei N04M McK'pt Range Bid M-N 109 BON ON STOCK EXCHANGE Kanye Week?* Friday LXXXL i'VOL. 3 105 101 103 94 733s Sale 71 Sale Am Telep & Tel coll tr 4s 107*2 Oct '04 103*4 J'ly '05 90 J'ly '05 87*2 Apr'05 73*4 75'8 32 70% 74*8 133 102 85 84 105*4 90 M 66*3 107%Dec'O4 89 *4 76*4 74% 102*4 J'ly '04 107 May'97 102*2 Oct '03 104*4 104*4 J'ly '05 105 Oct. '00 98*3 98 Hi 109*3 llo J'ne'05 110 113*4 112% J'ne'oo 102 Dec '03 104*2 107 1023,, iKiiiibo" 109*3 111 ' '•' 104% Mav'05 89 90 89 8934 Friday; latest bid and asked tuis week, a '4 U0 34 103 25 80 Due Jan Due 112% 105 1929 Cable Co 1st g 4s. .2397 ErieT<fc T col tr gsl 5s.. 1920 1918 MetT<& T 1st s f g5s N Y & N J Tel gen g 5s.. 1920 West Union col tr cur 5s. 1938 Fd and real est g 4*2S...1950 Mut Un Tel s fund 6s. ..1911 NorthwTel gut 4Hz»g..l934 Comm Manufacturing eb It 110*4 ivl-N "104*3 J-J *10034 1951 F-A 4s .lay g Dae . Oct 109*2 May'05 105*4 J'ly'03 IIO34 J'ly '05 103 Hj 98*a '99 109*2 109 H> i08%il3" 104*2 107% 110*4 110*4 J'ly '04 Industrial «Sr 1 Due , 96 Dec '04 J-J 110%112 106 M-X 106 Sale 106 110*4 Mar'05 M-X 107 t e 92 109 M-N 1915 Q-F Am Cot Oil ext 4*as Am Hide* L 1st s gOs.. 1919 M-S Aiuer Ice Seoul' deb g 6s.. 925 A-0 Am Spirits MIg 1st g 6s.. 1915 M-S Am Thread 1st col tr 4s. ..1919 J-J Am Tobacco 40-yrg 6s. ...1944 A-O 93*4 l 96% J'ly '05 J-J ue zi.iJue.jly 973s 93^ 98*2 Sale 79*4 Sale 89*a 115*8 Sale 75 Sale p Due .Nov 98% 97% 983,. 79 98 7:'*4 13. J'ly '05 89*4 J'ly '05 115% 74 s 1 98*2 46 . 9S%101 96*3 100*4 77 79HJ 94 87*3 lh2 110i4 116 76*. 706 71 Option . sale. 98 90 H8*4 77% Aug. W'KKK ENDING Al'Q gold4H»s •j,: 4 M 1st consul gold 100 W Hi oh Si Lcno i09 SsJ'iy'o;> Low w 1 iio'sisoiV'b'i V Jan 123 100 103 106 1* Si '0. ' 8 123', Apr 'OS U9Sj 123 121', 118* lUHl 113 J'ly'Ofi 115 J'lio'C". 114 .... 123 J'ly'04 L01 LOS I2P4 121-U ' 112 111 115 J4 Hee Penn Co <fe Pius Ft 19 Puts Juno 1st gold Os Pitts & L trie 2d g 6s... o 192,- 118 119 1* Apr'01 137 lSov'97 lib 1943 Puts a Weal .v< B a Pitts X A Ash 1st con 58.1927 199i Heading Co gen g 4s 119 S, 101 116 May'OB Lie IU2 3 1U0 T8 Sale 109 76 10(5 Si 76 75 S9 1940 Guaranteed Mar'05 109 J'ne'05 75 89 Jan 89 '05 109 77 89 See Pitts 1033« 1941 Rutland 1st con g 4Sis Knt-Canadlst gug 4s... 1949 Maru Pere 11 Hee Tus & Sag I Jo A lit Isl 1st g 48.. .194i bt Law <fe Adiron lstg 6s. 1990 199b 2d gold Os St L & Cairo bee Mob As Ohio May '04 lOmiNov'Ol 95 78 J'ne'05 93 Si 94 125 135 93 s St L«fc S RK cons g 4s. .'90 F Southw Civ lstg 1961 6-year gold notes 4 Si. .190b C Pt S A Jl cone tie. .1926 K C Pt S & Ky ref g 4s 1936 K 102 bb 34 Sale 102 J'ly'05 88 Si 88 76 .... 122 89 14 90 102 M XC<fcMR<fcBlstgu 68.1929 96 Lee '04 125 J'ly'05 89'* 79 89 s4 24 , Cent Bt Louis So St L S \Y 1st g 4s bd otls.1989 2d g 4s inc bond ctls...2>1989 193? Consol gold 4s Gray's PtTer 1st gug 6s 1947 Bt Paul & Dui Hee Nor Pacinc A Man 2d 6s.. .1909 St Paul 1933 1st consul gold 6s Hee Illinois 98 34.~. 84 84 Si 82 M Sale to gold 4Sis.. 1933 Registered. 1933 Dakota ezt gold 6s 1910 1937 Sloni ext 1st gold 4s Registered 193 £ Minn 1st div 1st g 5s. .190b Nor Dlv lBt gold 4s 194b 1922 Minn Union 1st g 6s Mont 1st gu g os 1937 Registered. 1937 1st guar gold 6s 1937 Will & S P 1st gold 6s.. 193s Bt P <fc Nor Pao bee Nor Pac 84Si 82 99 23 84 Si 1 82 S, 204 1093s 13b 14 Sale 113 J'ly'05 I38 l4 138 "4 140 May'02 11234 _ lllSi J'ly'05 UOSj. lieSsApr'Ol 110SiMay'O5 1933 Registered Reduced >4 9878 104 103^4 104 J'ly'05 106 May'01 104»4 Mar05 . . 120 136 124 May'05 135 Jan '05 134 34Leo'04 118 Si Feb '05 117 Jan*04 117Si. 121Si. StP&S'xCity i«CStPiliu LakeC 1st g sf 6s.. .1913 ble Pres & Pli 1st g 5s.. .1942 A a A P Hee So Pac Co I A N P 1st sink I g 68.1919 Sav P West Hee Atl Coast L sciuto Val A N F. See Nor A W Jan 109*8. J.J 108 May'05 Registered /cl94b W 1st gug 5s.. ..1941 N Cent Pac 1st rel AN W - -'"Id 108 103 8 107 Si. llOSi. 102 Feb '06 109 95 110 109SiMar'06 Jan Sale 94 34 sale 98»8 9B' 4 648 95 Si 98 Si 06*4 102 May'05 101 102 94 14 L»M< '94 92 '4 97»4 1003a 102 Si 99>4Mar'03 89 14 89 89 91 94 lOd^Hl 1 5 * 170 100V104 15 87 Si 90 IOCS. log's Mat '05 108S, 110's 108 103 115 Sep '04 Feb'05 113Sill5 107>8ll0 l(>7S3.rin-'n.-, 105 103 10714 1(p7'm110 1U5M07 Feb '06 103S«J'ly'04 112 ', J'ne'05 113 1 110 88 100 '(. 100 [ 4 ll'-i D-i j'ly'oe Pump ; u' . Stan itope &T income gold aal« 5.i. 1925 Iconv CorplO-60yr5 ;•-& J -J 1st g 6s. 6« ; m.'n .1. j J'ly'05 4 J ne'05 Mar'05 U'4 J'ly'05 Jau '05 Feb '05 09 Si 109S 123 Feb '02 11 '-'„ 1 110 114 Dec'04 110 114'a J'ly'05 114 Si J'ue'06 114 Si J'ne'05 U4Sl 115 J'ly'05 130^ 117 J'ly'00 Ul 112 120 14. 100 111 . *95 115 . . 107 Si 110 97Si 92 U 93 91 86 Si Sale 98 99 Nov'04 112>4 8Apr'06 J-J 117^118 IIO34 J'ne'05 114Sill6 3, 93 J'ly'05 913g 913s 117 90 J4 sale Si J'ly'05 120>4l23»4l 9334 102 95S, 98Sl Dec'03 112 U4SiApr'02 103 Si Sale 103 34 50 104S}104a« J'ly'05 118S1 109-s 107Sill2Sl 116 119Si 107 112H» 90 90 4 34 66 Si 103 Si Om Div 1st 1941 A-O g 3SiS M-S A-O J-D 1954 J-D West 1st g 4s... 1941 6s. 1908 Pitts Term 1st g 4s. 1954 Warren Hee Del Lac <& 110Sill2H: 112 Si UbSllK' na^ lOOS; 109 99 70 J4 Sale 102 92 Si sale Ill 90 Si bOSi 87 99 93 90 Feb'05 70 '4 71 34 103 J'ue'Oo 102 l'..i 92 92 92 Apr '05 111 111 109 a4 11 2 97 Nov'04 88 '8 88 Apr'05 86 97 M ay'05 95 98 H» 109SiMai'03 8834 45 86 Si 963* b7Si 45 7» 38 14 39 117 35 ' db 34 Sale 33^ Sl Sale Wash Cent Hee Nor Pao Wash O W Hee Southern <fe West Maryland lstg4s... 1952 A-O N Y <fc Pa 1st g 5s. .1937 gold 3-4s 1943 income 5s 41943 West No Car Hee South By VaCent& P lstg 6s. .1911 Wheel'gcfc L F 1st g 5s. ..1920 Wheel Div 1st gold 68..1928 Exteu<fc imp gold 5s... 1930 1st consol 4s 1949 20-year equip 3 f 5s ...1922 Wilkes A East See Erie A Sioux F See StP & Wis Cent 60-yr 1st gen 48.1949 est \\ Gen W RR M WH 88 883b A-O Nov 97 J-J 109 Hi Si A-O HIS. J-J F-A Ill Hi 111 93 14 M-S 88 Hi 119 j.j J.J 98 M 'a 27 93 111 112 Mav'Oo 114 34 Mar'05 L14HJ May'05 114 J'no'05 92 a 93 102 Jan '05 Si 8734 94 118 119»e 96 34 98 34 83 Si J'ne'05 98 S) J'ne'05 40 Mar'Ol 112 111 111 '4 114 Si 113 92 ' L02 M J-J 93 34 Sale 93 s4 94 104Hl 104H; 90 31 Si II434 114 Hi 114i 8 95 Hi 102 96 BONDS—Concluded. Adams Kx 90Hll<'l 20 Am 74 no 107 86 106»4 36 62 Hi 4 lio'i Bale 68 "78" 4 J'ly L22 llo 99 110 99 Hi 71 59 42 Hi <>.-, 1'4 :" 7 103 105* '4 Garden 1st g 6s. .1918 M-N Bob 11 <t Lgen a 48..1940 N'ewp If e ship As D D 5a <*1990 J -J N V Ij.i.k 60-yr lsl K-A PerryCo 5s : ' Lb loo'j J'no'02 49 Hi 52 J'ly'Ofi 71H) J'ly'06 80 1 ilad si| • 3 \ W 49' 15 105 105 M-N F-A 110 104 J'ly '05 9«Hil M-S ( Jo<S SI V.ii.l col g 58. 191.. J -J n.-i.M .V; m hi^r income*.. 1911 A O Hobo gold 5a... 1910 B'kl'n 77'^ jay '05 col tr g 4s 19 1Ini|i5s ,v, lent M .1 ool Va g 5a 1920 liKi 1 Provideni 8 LXer . 1 Si l.o:ui sue. Joseph sik -1 -i • l-ii ViIh lit 1 1 Sw. 1921 M-S Hia. 19. ai J-J 95 "96 >4 18 98 Si ba Kio ibo Cspplestitat'nd)' Prop a 4 '-jm 5-20 year.. 1917 J-I> Wui Oo eon g 6a.. 1928 J-J 2 96 "i , Registered 95ag sale Apr! Bp Val Wai Works 1st Bb. 1906 MS .7^-4 cw'h 14 Va-Cir '.h»m Cf>l ir 5s g..l9; "«><• H«le 160 L Oliwiffi IUO'4 'U^IUl-l 101 s< U 8 Redifc Itef 00 Hi J'ly '05 IIP[1HUIRIH.11)31 ] mi 8t K Os. 19.11 100 IIHI fWo price Friday; latest bid and asked, a Dne J an i/DueieO e Due Mar ((Due Apr A Due J'ly tbucAin. j.m.oct p Dae JN or 9 Dae Dec I i 110 112 96 Si 98ia 95 91 89 Si 91^ 86"» 83 98 Si 97 110»8 H3 96 '4 95>4 48 I04 s4 108 Si 103 Si 1001* 963 11278 138Si 1163a 187 34 102 104 124 127>a 117 Si 120 96 a4 ioi 96 Si V 1 98 34l01>« lll*8lllV M-N 130'a Sale 129»8 131 h 137 34 Apr*05 M-N 1033a J'ly'05 J-D 103 123% 126»8 J'ly'05 F-A 107 lllS,112Sl 123 121 123*4 95 95 106 Si 106 Si 106 Si Nov'04 86 85 98 J'ly'05 110 s8 J'ue'06 95 '4 oan '05 105 e 105«a 10376 105 34 J'ly'05 105 Si J-J J-J . 1 111 May'04 110 J'ly'05 97^8 97-8 . J.J J-J J-D J-D 114Sj114Si 97 97»4 L16 II6S3 123Sl 123 ' H414 A-O U4Sill7 123 123 99 Si J'ly'05 112SjJ'ly'04 . 123 114'8 114 97 a4 May'05 9434 H334 J-J 1939 ,V1-N 1939 F-A 1939 J-J 1939 J-J A 1 , U a i.e..thCo»tilebg6s..l9i:; ' 79 101 79 j.j lo-yr conv. Ua '13 J-J ier Ice (Chic; 1st g Lackaw Steel 1st g 6a... larch Mlg Co.-Vl-.s tit b 126 J MUwellaneoaa 100 100<% -.1 i 7 lieSillUSi 116 114 119 "a 122 Sj 114 116 121 7e 125 123"«127 114 34 118 112 112»8 96 Si 98 108 111 , '-', Cor con v i \-0 g 5 Paper Co let con g be. 191 - F-A "iiiv m In: PA 1951 Is lm A if S. J'ly'05 1 loo's Sale A-O J-D J-D OSSj »8Si 127SiFeb 02 123 .>I1M:KLI.AM:o| s Tobacco 50-j rg '.j J-J J-J J.J 117Sill8 May'05 May'05 s, m 114Si A-O J-D 118 118^8 OTSllOO'4 •8 J-J Series B 1st hen equip s fd g 5s. .1921 M-S 1st hen 50 yr g term 4s. 1954 j.j Det&Ch Fxt lstg 6s. .1941 J-J DesMoln Div lstg 4s.. 1939 J-J Wab '03 May'05 >a Feb '05 1 Lib 110 114 109 Si Sale F-A A-O 96 Sl 101 4 IS', J'ne'05 1 112 A-O A-O •10 99 Hi loo lib J'ue'05 18 Si Mar'05 tOSi Uec'04 loo FA 108 109Si 102Si102Si 112 li2Si LOSS] 111 117Sil21>4 100 3 1110', 1 , Mid See South Rv 1st gu 58.2003 J-J 1st gold 6s 2d gold 5s Debenture series 109 J 94 109 Sale ill''a J-J J-D Mai I08>8l0»N b 1)6 Pacilic 2d gold 4s 9G 34 110 laciarina iv lnda>atel Leather 20 A-fi >1 J-J W Un !•( 112 Si Feb '06 111 111 119 119 Si 110 Feb '04 Sale N St Chas Bridge 1st g 102 1.4 FA Tol& ChDiv 105 J'ly'05 gu g 4Sis..l943 North Hee Wabash Llli4May'03 , : Wiiiv la! g6a'30 92 104 34 109 Si 109 S. 109 Si 114 110 110 112 Si J'ne'05 110 Jan '05 109'-, 102'-. ii4siii~r>" W 108 . 4s nit guar. .1921 N 84 34 90 104 Si 104 Si 95 Mar'05 90 109 . HH-U Gal liar <fc S A lstg 6s.. 1910 2d itold 7s 1905 Mex dc Faclstg5s....l9;;i VG l8tgug6s.l9L'4 Hon.- k. Ac T 1st g 5s. 1933 uar 5s red 1933 H <fc 1 c 1st g6fl nit gu.. 1937 Consol g 6s lnt guar. ..191^ Wat., A 1043s97Si. 194y Mort guar gold3Si8../cl929 I 1 LOO 100«8Sale gu g 4s 1949 iiegistered J-J W irginia M A<fc M-N M-S Va & Southw't 90' h'sv 102«a.... 113 Si 115 120 '-2 122 113Sj 1-3 J-J Utica & Black R Hee N Y Cent Vandalia consol g 4s 1955 F-A Registered 1955 F-A Hee Mo P \J er Val Ind & <fc Seaboard Air Line g 4s ...I960 Coll tr ielundg6s 1911 Car Cent 1st con g 4s.. .194^ Pla Cen A Pen 1st g 6s. 191b 1st land gr ext g 6s. ..1930 Consol gold 5s 1943 Ga<fe Ala Ky 1st con 5s 01945 GaCar & No lstgngSs 1929 Beab &. Boa 1st 5s 1926 Bher Stir & So Hee K <fc T SU op Oca & Q Hee Atl Coast L Sod Bay <fe So 1st g 6s 1924 J.J So Car ic Ua Hee Southern bo Pac Co— RK 1st rel 4s. 1955 Coll tr g 4Sis 1905 Uold 48 (Cent Pac coll).A:1949 los-a ieh'o-l J'ly'05 Olr'e J-J WW 108 11734 4 108 U 09 Sj 1093a 102 '« 108 L06 1 Mar'ofi Dec'04 Bale 104Si 91Si Deo '04 S< 1 Si J 101 B8 16 114 119 115 05 7a A-O M fc fc 1st W & in I 15 ;;;'« loo J-J J-J J-J J-J M '04 '8 110 J-J ' Utah 110 101 103»8 113*a Nor lstg 6s. 1939 it. Ry <fc '« loo M-S j'ne'oS 89 119 '481110 A-O M-N M-N M-K M-S 1926 M-S 1936 M-N 1936 M-N 10434 110 gait L Ala Hee Falls loii No Low JUgh. 10s '4 Apr '01 loo s Jan '05 103 J'ne'of in J-J J-J J-J syra Biug <fe N Y Hee D L & 104\ I ^er A ot St L 1st g 4 Sas..l939 1 1st con gold 5s.. ..1894-1944 132 1953 Gen refund s t g 48 116 100 1< Bge Ter gu g 5s. 1930 St L 102 Tex <fc N O See So Pac Co 2000 88 >4 92^4 Tex&Pac 1st gold 6s ?2000 2d gold lnc 6s 1931 La Div B L 1st g 6s 124Sil26'4 Min W<fc N lstgu 5s '30 88 14 92 1935 ol & O C 1st g 68 Western Div 1st g 6s.. .1935 1935 General gold 6s 96Sil01Si Kan& 1st gug 4s.. ..1990 87 Si 84 1st gold 4s.. ..1917 8OS1 84S, Tol P & pr lien g 3Sis.l925 Tol St L<fe 1950 50-year gold 4s Tor Ham & Buff 1st g 48./U940 10838113 136 139 Ulster & Del 1st con g 5s 1928 1st refund g 4s 1962 1133, Un Pao RB & 1 gr g 4s ...1947 111 Registered 1947 1st lien convert 4s 1911 llOSi 1123b Registered 1911 103 105 Ore Ry & Nav con g 48.1946 Ore Short Line lstg6s.. 1922 104 34 104 34 1st consol g 5s 1946 Guar refund 4s 1929 124 123 Registered 1929 135 135 Utah <fc Nor 1st 7s 190b Gold os 1926 1181s 118S, Unl N J RR & C Co See Pa Rli Utah Central Hee Rio Gr Wes 102 104 129 Si 112H, 99 s4 101 lOO^May'06 6s. .1947 Betunding g 4s &N K-A M-S 1st cy gu 4s.. 1924 1st con g 6s.. 1914 J-J NC Stat lsl 127*4 113 38 114 1 '. 1 M-N 19:'.? E5s <fe Spok 1931 1931 General gold Os General gold 6s ..1912 A <> 1912 A-O J.J WO W 103 J'ne'05 104 is Feb '05 131 May'05 114 J'ly'05 A-O A-O 1.; 101'.' Sale lo., .1 MN West 103 103 .1 J-J B*. General 5s Guar stamped «fc J Since January 1 lll„n 122 IO0 . 1-2 Nov'04 Dec'04 Sep '04 Jan '01 1 108 89 J-J J .... '4 Llfi A-O g0s..l91 1905 Tex& N O 1912 Sabine Dlv 1st g Ba 1943 Con gold 5s 1994 southern — 1st eon g 5s 1994 Begistered Mob a- Ohio coll trg-4s..l988 Mem DlT lat g 4 H1-68. . . 1996 196] St Louis div 1st g 4s 191s Ala Cen R 1st e Os L948 Atl & Dauv 1st g 4s 1948 2d 4a Atl A Vad 1st g guar 4s. 1949 1916 Col <fc Greenv 1st 6s K T Va iS- Ga Uiv g 6s.. 1930 1950 Con 1st gold 5s 193s F Ten reor lien g 5s 1922 Gu Pac Ry 1st g 6s Knox <fe Ohio 1st g 6s.. .1925 1915 Richifc Dan con g 6s 1927 Deb 5sstamped Blob <fc Meek 1st g 48.. .1948 1919 So Car & Ga lstg 5s Virginia Mid ser C 6s. ..1916 1921 Series D 4-5s 96 101 JJ 1906-.. L931 Series L Iron Mount bee M P L K C A -N Hee Wabash BtLMBr 6'«TKKAolStL 8t L & S Fran 2d g Os CI B 1900 19oo 2d gold 6s Class C St 8t KM 100 08S1101 101 B KA P Home Wat & Og Hee N V Ceui A 10(> 7s Pen A RioGr iff Rio Gr Juno 1st gu g 5s. ..1939 1940 Kio gr So 1st gold 48 Hoch no 101 8 4 1>0 100 TtUt'OS 100 102=8 Sale 1997 Registered Jersey Cent coll g 4s... 1951 ^.' li ha bar BenaaelaerA Rich A Dan see South Ry Bicli Aj Meek Hee Southern 117Sil21 9b J'ly'Ha J'ly'97 121 lie's llss J-J ..190,; Mi':; 1st 1st 7s ASk Low Hid A-O 1>. .">s Stamped 120 Oct 112SiL>ec'02 SeaNYCen \ 1st g 5s.. .1940 KwUrWtst con guar g s Paeol N '01 . A ka LIB Si 1st Cb 1st consol gold 6s Aug 1 lsl gOss.nesf 1st g 6s series 1st gold os <fi Puis Mcki. - a PUla Sil A- L F mm kk 1 Wei luuuje or Last sal. i'rtita "/ Atra 4 soaUiern Pao i.\>—(co>umueit) Morgan's La a t 1st 7s. 1 91 s 1920 1st gold Ua No ol on 1st gu a 6a.. ..1907 988 Guaranteed gold 5s Ored CaJ lsi guar g 5s. 1927 8 Ad ^ Paaa Lai gug 4a. 1948 So P ol ai sii Lat g Ba...el909 <T91(i 1st guar g (is ail.si g o> aer B.1905 8 P ol lixoii io.;\ LOS v : Hj a « 1201-.. 1020 1939 58.1939 48.1981 ;">s January Priet STOCK i:\cllANQK N. T. 1 Pt Huron Kiv 1st g rus.v 11 1st mi k Sr< Penn Kit Plni'H A Phils A Heading cons 7s. 1911 Pine Creek reg guar 0a.. .1932 Pitts Cw<& si L see Penn Co lol See h .v Pitts Cleve \S 547 BONUM >i<7« Since p Last sate 113'* Bs 192 I'M gOa 1 lint a- 109 fin Range or ASK B\li &1921 W ' Week' JTice ridmy Aug 4 I I Penn KIWI iinttnuriU FtuiaHal& W 1st g 4s. .194:-. Sun A Lewis l8l g 4a.. .1086 VSJ KB A can gen is. 19 u Pensacola A Atl Sf« 1- A Nash Peo * Fast Hee C O C .fc St L. Peo A Pek Un l8t g Us.... 19-1 Pen Mara—Oli < i Bond Record— Concluded— Page 4 1W»6. .") BONDS BTOCB BXCHAKG H. Y. 7 ' 1 1 .1 i : ; huJ# . CHICAGO STOCK EXCHANGE— Stock Record-Daily, Weekly and Yearly STOCKS—HIGHEST AND LO WES'l SA LE PRICKS Monday Saturday July 29 Tuesday Aug. 1 July 31 •185 84 'v 83-'.j 25 64 65 *23k 64 65 84'6 43 k 43k - 23 • C i'.i *21k •62 43 65 70 65 *65 60 •62 *94k 95 •28 •98 49 . 49 28 28 -50 55 6k 6k 81k 87' 4 43 43 25 67 70 •65 * *21k * 96 *28 98 k 98is •50 Range Range /or Year lor Previous Year (1904) 1905 Week EXCHANGE Lowest il tares Highest Lowest Highest 100 180 Jan 5 199 Feb 1 155 Mai 190 Aug ':incConrtolTrac lOi Base J'-v *6 l4 *.->'< 6 C<6 Oak Park loo 6 100 J'ly 5 4 7 34 Jan t; Sep 6 8 Nov J'ly'05 Last Sa le 8 Do pref 100 10 J'ly 5 24 Jan 31 23 Sep 27 Nov 1 3 83 87 86 86 < Chioago Subway '4 100 16,176 53 Mai HI S7 4 Aug 1 J'ne'05 Chic Union Tract.... loo Last Hale ok 6kJ'ne28 13k Feb S 4 Feb 15 Nov Last Sale 26 J'ly'05 Do pref 100 26 J'ly 13 51 Feb 2 27 k Mav 45 Not *48 43 k 43 k Kans City Ry & Lt ..100 307 30 Jan 9 44 Be J'ne 2 28 k Dec 31 Deo 13k Last Sal' SSk J'ly'05 82 k Jan 4 89kMayl2 80 k Nov 85 Nov 2434 24 24 *8 M'iropol \V S Kiev. .ion 24 310 20 Jan 18 2534 J'ne23 15 Mar 26 Sep •64 k 200 59 k Jan 10 68 J'ne'22 41 Mar 68 Oct 66 Do pref 66 100 •00 •60 North Chic Street 70 100 112 55 J'ly 14 99 Feb 2 65 Mar 88 Sep 22% Northwestern Elev.. loo 210 21 May 28 24 k Jan 1" 15 Jan 26»4 Nov 21k 21k 22 k *0l 64 Do pret 6 60 Mar27 66 100 Jan 5 44 Apr 67 k Nov 95 95 k South Side Elev 96 130 90 k May 17 97 14 Mar20 90 Mar 98 k Nov 100 *28 *28 Streets WStuble C L 100 25 28 Feb 24 29 '4 Jan 4 28 Jan 34 Oct 98"6 98»8 •98 Do pret 175 37 Feb 3 J03kMar21 82 k Apr 103 J'ne 100 •50 West Chic Street 2 40 J'nel2 72 Feb 3 38 Api 100 56k Sep .. 95 95 *28 3 98 e 98% *50 55 Sales 0/ the KailroadH Mar'05 Chic City Ry Last Sale 196 24 43 k 25 65 70 '2112 k 60 3., 87 •23 34 • 65 - -' 1 8H 34 4 i- 187 k •186 • 8t; a Avf/. Friday Aug. 4 Thursday Aug. 3 Wednesday STOCKS CHICAGO STOCK Miscellaneous / loo Allis-Chalmers 11=4 69 68 68 •84 132 H 7e 68k 69 69 53k 40 110 54 •105 •52 •10 .. *129 53 k 53k 40 110 54 110 '52 *50 '10 .. *6 *6 *52 4 43 k 43 k * 1»E * •103 »103 104 140 140 140 •6 L a st Salt 4 135 • * M03 103*2 140 140 34 141 59k 59k 59k 34 k 34 k 58 5e 59 3 •114 .. 64 05 •117 120 ., . 114 65 117 6038 115 65 119 107kl07 34 108 108 bWe 1 J'ly 'Of. 158*4 Chic Edison 158 100 Chic Pneumatic Tool. 100 Sale 135 J'ly '05 Chic Telephone 100 103 k 103 k 10334 Chic Title & Trust... 100 100 141k 141k 141 34 Diamond Match *59 59 Illinois Brick t 100 Kans City Stock Yds. 100 45 Knickerbocker Ice. Apr '05 115kll6 65 *H5 •33 Ik Ik 10 Wl\ 34 34 34 Ik Ik 9k 10 34k 34k 34 4 79 k Deo 123 k Sep 40 k Deo 94 k Oct 198 May 40 Nov 110 Feb 1 4 pref '81 97 k swift&Co 109 86 07 3 Do 100 pref Un Stock Yds(SoOm)100 Dec '04 Union Bat 34k 100 The Quaker Oats Co. 100 , 35 31 34 Jan 4 Jan 18 1 Jan 20 7 Feb 20 140 Jan 7 52k Marl 18 Deo 62 Aug 123»4 Jan 10 k Nov k Nov 8 Feb Jan Feb J'ne 2 1 J'ne?8 7 Jan 25 172 1 6 32 153 May 173kNov 32 J'ly 36 Nov 125 May 4 143 k Feb 17 115 Mar 147k Nov 100 95 Apr 6 105 34 Mar 6 86 Feb 10 s Oct 1,148 134 k Feb 1 1423s Apr 15 126kFeb 142 k Nov 250 55 J'ne27 66 k May 25 160 50 Feb 6 34 k Aug 1 Feb 15 7334 Mar22 11 63 3.50G 879 44kMar27 48 Aug 2 Jan 30 54 Jan 25 05 34 99% Mayl8 11034 ni 34 41 195 110 2,275 5 3 10k Dec Apr 3 J'ly 19 120k Marie Jan 25 OTkJ'ne'-M Jan P 120 J'nel9 Apr 20 5 34Mayl9 Apr 8 182 loG Feb25 114 Jan 10 46 Jan 25 92 J'ly 10 320 86k Jan 4 98k J'ly 26 tj 12 52 20 7k Nov 9 Feb Jan Deo 1 34 2k Jan 10 k Nov Jan Aug Apr Nov 42 Jan 30 2 J'ne 50 17 Oct 25 Sep Jan 58k Dec 99k Jan 116k Nov 25 k Mai 46 k Deo 95 Jan 120 Sep 20 36 98 5e Feb 1 99 k Apr 116 k Nov 35 34 J'ne 47 k Jan 5 J'ne 87 Nov . & P Co ...100 100 Unit'd Box Bd & P Col 00 Do pref 100 Western Stone 100 t This is new stock. 64>4 82 34 J-vb-'l 3 Gas L<fc C'kelOO Pullman Co 100 St Louis Nat St'k YdslOO 108k 3 73kApr25 Jan 24 75 125 465 88 J'ne'05 People's Ik 10 34k 34k k Apr 25 J'nel2 40 Mar 133 J'ly 31 115k Jan Jan 19 57 Mar:;0 19 J'ne 100 98 k Jan 17 105kMar27 82 Aug 183 Mar 38 Jan 4 40 Jan 4 33 Nov 106 105 Marl 7 110 J'ly 31 1 00 34 Mar 50 J'ly 27 62 Apr 15 52 Feb 148 k Feb 23 150 Marl'- 120 J'ly 10 Jan 5 10 Jan 5 10 Oct 60 76 May'05 Page Woven Wire Fence Last Sale Last Sale 109 Do 11c; Do Ik 100 100 100 100 80 34 National Carbon 60 53 109 1 01 9 25 12 k Deo 10 - 59 k 60 •115 116 109 109 '•; ! . . Feb Jai: k Jan 684 100 pret Dec '04 48 48 Masonic Temple Last Sale 2 May'05 Milcfe Chic Brew'g Last Sale iO Nov'04 56»4 57 k 58 57k National Biscuit 115 114 k 115k 114 Do pref 60 116 63 117 59 116 60 116 Do 9k 1,685 J'ne'OI Last Sale 20% 10 31 100 100 > *43k 43 82k 82k 96k 97 9k Co & Clue Canal & DlOO Central Trust Bank. .100 Feb '0.r Chicaeo Auditorium J'ne'05 Chic Brew's & Malt'g. .. Last Sale r?k Last Sale 17 Last Sale 9 59 k 60 10838 108 & pref J'ly '05 Cal Last Sale V '158 158 43 43 k 135 Last 104 103k 141 141 k 59*8 59 • Do 110 Last Sale 10 43 • J'ly '05 Booth (A) -105 110 Last Sale 50 *3 *6 135 104 140 •105 •10 157k 157k •158 •155k 158 Do pret 100 100 11% American Can •68 k 69 Do pref 100 %'4\ J'ne'05 Amer Radiator 100 Do pref 100 Amer Shipljldg loo Do pref..; 100 198 May'04 AmerTit S Bank.. ..100 Ilk Last Sale Last Sale 40 40 110 55 * *3i *3 *34 105 k 105k * •10 68k •129 53 k 53 k 133 53 k 40 110 54 3-* Last Sale *86 *129 133 U 11"8 68 k 3 1- •S3 133 132 H4 ll n8 Ilk 11'8 7 k Oct 10 36 Dec pref 500 13e J'ly -Jo •J 35! 27 5 9k J'ly 29 14 23 -2 Apr k Apr 34J'iy 3 :; 7 J'ly Feb 15 3:-kAprl4 14 Sep k Nov 25 k Deo 3 20 34 Jan t Chicago Bond Record BONDS CHICAGO STOCK EXCH'GK Week ending august 4 =0 s» Price Week's Range Friday Aug. 4 Range or Since Last Sale January 1 Ask Low Bid 1910 F-A Amer Biscuit 6 s Amer Straw board 1st 6.s.. 1911 J-J 99k. Cass Ave & F G (St L) 5s. 19 12 J -J U03 Board of Trade 4s ...1927 Consol Br & Mlt6s Consol Trac4ks 1939 Edison debent 6s 1913 1st gold 5s J-D J-J J-D J-J /U920 A-0 Chic Auditorium 1st 5s. ..1929 Chic Dock Co 1st 48 1929 Chic Equi t Gas 6s 1905 Mil Chic & Elec Ry 5s . .1919 Chic Pueum Tool 1st 5s .al921 Chic Rock I & Pac RR 4s. 2002 Collat Trust g 5s 1913 Commonwealth Elect 5s. b 194 Illinois Tunnel 6s 1928 Kans City Ry & Lt Co 5s. 1913 Knickerb'cker Ice 1st 5s. 1928 1928 Lake Street El 1st 5s Income 5s 1925 Side El 1st 4s Metr 1938 Extension g 4s ..1938 North Chic St 1st 5s 1906 1st 5s 1909 Refunding g 4 ks 1931 No Chic City StRy 4ks.l927 KorthWest'n El 1st 4s... 1911 Ogden Gas 5s 1945 Pearsons-Taft 5s 1916 1920 4-40S B B B . . W 4'40s Series C 4*60s Series E 4-80s Series F People's Gas L & C 1st 6s. 1943 Refunding g 5s 1947 F-A A-0 J-J J-J J-J U03k 97 k 100k 70 98 70 79 80 Feb F-A J-J J-J J-J A-0 M-N M-S .... 99 k 94 k 95 87k t90 t90 100 96 34 99 k 101k 103 k 103 k 103 104 Chicago City Chicago National... Chicago Savings Commercial National.. 62 66 k 103 k 104k 104 10434 Continental National.. Cook Co State Savings Corn Exchange Nat. Drexel State Drovers Dep National First National 100 34 Nov'04 J'ly '05 68 80 Nov'04 -M-S Apr '01 M-S 106 107 106k 106^ J-D t 97k 97 k J'ly '05 M-N JlOOklOO'f lOOkFeu'05 J-J . Calumet National M-N A-O OutstandSurplus & In ing Profits Stock 1903 NAME High No. Low High Bankers National lOOkJ'ly'Of 103 k J'ly '05 104 May'05 103 Apr'04 00 64 k Apr '05 104kl'ne'05 104 104 104k 102 98 Feb '04 . Chic Clue Chic Chic Chicago Banks and Trust ComDanies 98 J'ly '05 99 k J'ly '05 16 May'05 94 7e 94k 87 k 87 k 97 J'ne'05 96 May'05 106 k 108k 95 k 98k 100% 100 k 97 98 k 97k 100 First Nat Engle wood. Foreman Bros B'k'g Co Fort Dearborn Nat Hamilton National Hibernian B'k'g Ass'n Home Savings Manufacturers Bank.. Milwaukee Ave State. Nat Bank of Republic. National Live Stock... 16 94 k 96 k North Side State Sav.. 80 90 k Oakland National Peoples Trust & Sav .. 95 100 94 99 k Prairie National 16 Prairie State... 90 $89 94 k Sale 90 Sale M-N J-D 100k M-S 99 k F-A 99k M-N We-—. M-N 100 A-0 123 123 \ M-S $106 IO6 3 J-J 107k J-D $ 109k J-J 103% 103 -V . J'ne'05 94k 94k 90 90 90 95 93 k 95 3, 88 96k Pullman Loan <fe Sav.. South Chicago Savings Bank of Chicago Stock Yards Savings State 99k Union Bank 99k 99 34 Union Stock Yds State 99 k 100 100 100 34 Amer Trust & Savgs.. 123k J'uo'05 123kl23 34 Central Trust Co of 111 2,000,000 200,000 105kl07<k Citizens' Tr & Sav Bk. 106 J'ne'05 , In Per 1904 iod 2,000,000 $1;065,962 100,000 31,067 13 200,000 11)8.801 8+5 1,000,000 1,423,345 15 12+3 k 500,000 fc 65,314 '12" 2,000,000 1.792,123 12 8 3,000,000 1,232,536 8 50,000 3,072 6 6 12 12 3,000,000 3,561,208 200,000 16,274 6 6 600,000 274,692 8 8 8,000,000 6,113,755 ||12 12 106,77i) 100,000 10 6+4 500,000 627,237 Priv ate Ba 1,900,000 251,614 6 6 500,000 141,896 1,000,000 1,049,404 "8 "if 100,000 155,785 10 10 200,000 11,589 250,000 263,154 "s "b' 2,000,000 952,610 6 6 1,000,000 1,302,966 15 12+3 50,000 6,034 6 50,000 49,530 "e 6 200,000 13,510 New Bank 250,000 59,596 250,000 73,721 "8 1J88 300,000 170,613 8 8 200,000 31,875 5 1,000.000 607,524 6 250,000 104,615 23,501 Began Mayl, 200,000 200,000 19,029 New Bank 99 k J'ne'05 99 34 J'ne'05 99'8 9978 100 58 J'ne'05 99 Diciilend Record 3,000,000 1,969,687 916,361 6 7 1 4 New b ank. .. 5 5 Chic Gas Lt&C 1st 5s.. 1937 107 34 108*8 Colonial Trust & Sav.. £200,000 fcl01,477 108k 108k 200,000 48,094 6 6 Consumers' Gas 1st 5s. .1936 107 May'05 106k 107k Drovers Trust <fe Sav.. 500,000 450,000 8 8 1924 Trust Co 103 k 103 k South Side Elev 4 ks Equitable 102»4 104 k 1914 J-J 103 103 J'ne'05 Swift & Co 1st g 5s 102k 103k Federal Trust & Sav.. 2,000,000 Merged wi ihAni. Trust 698,075 '16* 1945 A-O $106k Union El (Loop) 5s 105 k 107 First Trust & Savings 1,000,000 106k J'ly '05 12*+4 1911 M-N 114 Nov'04 Union Pacific conv 4s Illinois Trust & Sav.. 4,000,000 5,949,191 250,000 56,675 1910 M-S 81 J'ly '04 Jackson Trust & Sav.. U S Brewing 5s 200,000 14,244 Began Tan "3, cl963 M-N 88 Nov'04 Kenwood Tr & Savings U S Steel Corp 2d 5s 12 94 J'ly '05 1928 M-N Merchants' L'n&Tr Co 3,000,000 3,617,532 12 West Chic St 1st 5s 94 100 750,000 257,748 6 6 60 J'ne'05 1909 F-A Tunnel 1st 5s 60 60 M etropolitan Tr & Sav 8 8 90 Feb '05 1914 J-D Northern Trust Co Bk 7.-1 ,000,000 fcl.684.022 Debent 6s 90 80 500,000 447,335 6 6 80 78 J'ly'05 1936 M-N Consol g 5s 75 90% Royal Trust Co 577,970 1,000,000 87 92 88 J'ly '05 "West DivCityRy 4ks..l932 J-J 97 Union Trust Co 88 "6 187,170 1,000,000 "e" Jan Sav. 5-20 1 100 '04 Trust & Western West'rn Stone Co 5s. 909 A-O 13,9 64 Began Mayl, 200,000 Woodlawn Tr&Sav Bk Note. —Accrued interest mus t be added to all Chicago bo ml price s. Includes special dividend of SO.'i declared. Aug. 10, 1904. Also paid 12 >fl% in Dec, 1903, 111 stock of First Trust <fc Savings B.ialc, * Bid and asked prices; no sales were made on this day. $ No price Friday; latest price this week, b Due June, c Due April. a Due Dec. 31. A Due July. /c Capital and surplus to be increased. || 11 Last Paid o/n Q-J J'Jy Jan Ian J-J J'ly Q-J J'ly Q-J Q-J Q-J Q-J Q-J Q-J Q-J Q-J nk Q-J J'ly J'ly J'ly J'ly J'ly '05, 3 '05, 2 '05, Ik '05, 3 '05, Ik '05, 2 '05, 3 '05, J'ly '05, J'ly J'ly '05, 4 '05, 5 •05. 1 '05, 3 J'ly J'ly /'ly Q-F May J-J J'ly Q-J J'ly Q-J J'ly Q-J J'ly J-J J'ly Q-J Q-J Q-J 2 '05, '05, 8 '05, 4 '05, 3 i'ly J'ly J'ly Q-J J'ly 2k Ik Ik '05, •05, 3 '05, '05, 3 Ik '05. 2 '05. 2 •05, 1 '05, 2 19i Q-J J'ly Q-J J'ly '05, '05, Q-J Q-J Mar •05, '05, '05, J'ly J'ly 2 l\ Ik Ik 4 Sav. Bank Q-J J'ly '05, 3 i'90 o .V.- Q-J J'ly J-J J'ly y-J J'ly 3 3 F-A Aug '05, '05, '05, '05, Q-J '05, Ik 190 J'ly 5. 2 3 — < Aug. — 1 — 1 ' r>v.) <iilH Sin-uiiliex Business at Stock Exchanges ot Indiana Nat A is! 8a L908 TRANSACTIONS AT THE NEW YORK STOCK Wtik tndtng oad Bo At- iar value - Satuni.o 316 Mondaj 86 JaoksoD it Stat,- Xi- •,457 l.M.l L8 Bomis da 2,19 1,000 2,86 50,672,000 8,691,500 Bond* 82 i7,000 at January Aug 4 .;..... ,*2r..ooo A uo (o I a Pat f st 1908 1904 1905 i6.70U :.S00 .-'.Ton UllO 1 iharea, par.. 1 $52 $2,000 432,000 (26,000 Government bonds 2,4 14,468.500 mis. bonds 1 1 - i7,700 113,488,350 37 7.: 1 1 £65 L,06a L1.480 i.l Northwestern 1 90 125 ( ,1'isted shares Bond Listed Unlisted sales shares shares 3,562 25,869 13,037 8,0 v. 34,280 43.074 SI 53 loo LOO 120 1 1 1 1 1 13 t 10,838 21,728 9,844 15, 88 29,75 8 41,594 16.192 $3,000 19,000 4,971 11,767 LL5 1 387100 20.800 36,7 10,666 55 i, l L25 30 < > 1 1 1 " 10s. 1 83 Hi lm 10 r""" 26 70 Hj Bond 24 '« 1) N J 4s 1949 84,4 Havana Commercial. 100 oca i;n list 195 210 104 100 58 62 85 90 LOO 25 LOI J-D {74 H, 75 < 1 4297,600 11 11 . • 1 . a mo . H ., • '., W . . ' - 1 I . 1 ' • 1 '.)'.. 1.. • 1 1 1 ! 1 . ' 1 Houston 120 0.1 1925. .J -J Crosat'wn lat5s'33.J-D {108 Grand Raplda Ry....loo Preferred ii,i, lirand Uapida Oas Laki- 81 (Chic) EI '""see 11 Bayer pays accrued C interest. 1 40 . is ' ' : hlc.igo|liat 6a mil..:, Price per snare, HU....100 -t preferred LOO 2d preferred LOO LOO tSalo price, a Vo\& HO'. Ex rlghw. iEi 4 {102 Liealty Hi L03Hi 2 8 24 110 27 Lnternat'lBankingl 10IOO L58 12'. Marine. LOO 30 Preferred 100 79 Col tr deb 4 Hal922op'07 23 International Salt 100 64 1st gos 1951 International Silver. LOO 47 Preferred 100 1-1) {107 1st Os 1948 Japanese new 4 Vs i 88H2 Laos ion Monotype 20 r I4 a4 Lawyers Mori in.sur.loo ISO 45 Leh<fis Wilkesb Coal. 50 Lord & Taylor 100 109 Preferred 100 102 34 1,Lorillard(P)pref ...100 140 Mack iv Companies ..loo 40 Hi 74 Preferred 100 20 Madison Sq Garden. .100 2d 6s 1919 M-N 70 IIManhatt Beach Co. 100 2\ Manhattan Transit 20 t Mex Nat Construe. pf 100 11 Hi 6 Mitchell Mining 4 10 163 12 7, 30 80 25 09 > 4 9 50 ins 8 8 's 10 ] Monongaheia K Coal. .50 N Y 20 Biscuit 6s 1911.: Mtge& Security. 100 Ms NY UNew York Dock 100 loo Preferred N Transportation ...20 Nor Am Lum'r cte PulplOO 4 list 46 182 25 23 ST 3 130 08 07 8 II 3 13 117Hi 100 115 120 42 105 177 100 Hj 25 7 18 5 115 Nat Ena<fe Stamp See Stk Exch National Surety TINew Central Coal 74 90 13 26 14 26 Preferred 50 Montcfe Boston Consul .5 Mortgage Bond Co. ..100 M osier safe Co loo Nat Bank of Cuba loo 115 L05 100 41 8I4 l 4 l 3 2 UOntario SUver 100 55 58 Otis Elevator com loo Prelerred 1U0 100 107 3c. lc. Phoenix Mining 1 t Brewing Pittsburg 50 t 26 ?f 27 48 Preferred 50 t 47 Pittsburg Coal See Stucli Exch list 5 Pope Manufacturing. LOO 77 74 1st preferred ..100 21 17 loo 2d preferred Pratt 6c Whim pre!.. JOO 100 100 155 Kealty Assoc (Bklyn) LOO Kuyai Bak Powd pref.100 107 H 109 63 ol Russell 6c Erwin 25 Safety Car Heal & Lt loo 280 lioO 020 Singer Mtg Co LOO 25 lard Couplercom LOO Preferred 100 120 8 7 Standard Milling Co.100 32 28 Prelerred loo 79 76 5s Standard oil of JI.100 010 020 '8 Storage Power... 50 sm in & See Boston S1 k Exc h'ge e I N t 1 '.I .'li. ...J-J ...25 "31" 29 1 85 75 A-o }105 110 308 Title Ins in ol N ST. .100 187 H2 192 llHi 14 pah M in (Neva in 17 Trenton Pol teries com 00 96 Hi 'irii mi 95 Pi new 00 50 Prow Directory new.. LOO ", TiA.asA I' .. ,i 100 1 1 m II ( loppi 'I 10 1 y i'1-w 100 I 1 I 117 32 78 14 77 200 27 90 Pre* mil U 8. Casualty u s Envelope com ^Preferred Sfi '4 1 117 let preferred 2d preferred Untl' U 1°8 t eon v Hi 92 ration opl '11.. {112 not opt. { 1 I 2 [ndei 1.100 113'a I Col 1 : BTit on a 7 1 6 .100 LO CO. 175 168 k Be* 1 100 Ex list Willi.- Kn ' ')• 16 3 4 1'4 Preferred <» i) Worthing Pump pref.100 lid 1. I J-J 1 BO tNew alock. U SeLLs on Stock Exchange, but not it very actlre aeounty liockOo.ilA latgos 1917 div i 1 35 1 lii'lii-tiial. HOI 1915 Co Oas L09 H 25 2 100 100 Oil 1 1 Wayne M-N 1910 115s ', Kurt 105 27 38 81 Hoboken Land<& Imploo 200 i llo 7 Int'n'i Jlerc itK 'la list Co.. 100 loo Preferred 1st g 5s June 1 '22. .1-1) Hecker-Jones-Jew'l .Mill 1st Os 1922 M Herring. Hall-Marvin 100 1st preferred 100 100 2d preferred Hudson Ferry Companies ' lui, 100 Preferred Havana Tobacco 'J Bee Ph 4'.! 96 91 li Prelerred 24 4 6 I {94 So 12 30 25 35 80 Hi Y&N 11 ... 28s< unt % Is 62 op 12. ..J-J 100 Hall Signal Co ( . """.; 1 85 L05 , . L03 107 128 •] W 65 62 LOI 1 Preferred Outside . 12 80 101 Companies Preferred United Eleotriool i-1 . 107 126 1'clog. 51 Narrasan (Prov) El Co 50 S STAq El L&PowColOO ; 7 '. . 92" KnigsCoElL&PColOo ' I H. 1H. 19 27 17 'opper... 10 m. II. 'ulisol OoUl... 10 treene Gold-Silver.... 10 i ... 1 < ireene Con 7 80 t. I 1 '» ".; 1 Eleotro-Pnetun'ioTran 63 Ml 140 LOO ' 1 'a 1 30 5 3 Brooklyn Ferry stockloo B<& NY 1st Os 1911.J-J 100 70 loo 72 K Ferry stk. N Y<fc E 92 M-N 1st 5s 1922 93 N Y & Holicou 5s'40.J-D 5109 110 100 112 Hob Fylstos 1940 -M-N a Securities N J 1st 5s 1940. J-J {100 Market will be found on preceding a page. Outside N Y BLykn Ferry S1 o> So & Review & A Weekly 99 100 Traoasp 1st 5s iooo.m -N 40 60 lOlli <fe 23d Sts Entry 100 street Railways Street Hallways J 95 # i( Ask -1) { Bid ASk 1919. .. 9G raort 5s 1st 20 27 Louiav St 5s 1930.. J&J 1113 113% Union Ferry stock .100 SEW YOKK CITY Lvnn<fcBoslst58 24.J-L {110 112'v 98 M-N 96 IllSt 5s 1920 NewOrl Rysdi Li a lit.l00 31*4 31 -j 36 BleeckSt&FulFstk 100 34 :72 Preferred 100 73 ..J-J 94 'j Kuihoud 91 iuorl 4s 1950 89 Nt\v4HiS ?88 By 6c 7th Ave stk ..100 2T3 248 North CUic Street See Chicago List 107 Chic Peo & St L pref.100 id rnort 5s 1914 ...J-J 104 234 Lsch list Pub serv Corp of N Jloo 115 118 4 Deposited stock Con 5s 1943 See 2 34 09 70 Tr ctls 2% to 0% perpet 4 110 Undeposited slock.. B'way sun Is; 109 340 .100 Coll trust 5s gold notes Prior lieu g4H2s'30M&S 100 it'l Cross t'n stk. .100 91 M-N {96Hj 97 >* 1909 optional 94 121 Con mtg g 5s 1930. J&J ._ ...M-K U17 20 27 North Jersey St Ry 100 25 210 stk. ion Income 5s 1930 IJCeni'kN {77\ M-N stk 175 1st 4s 1948 St 100 185 Fort Worth loth 6c Denver <Chr't'r& 8-2 81 71 Cons True of N J...100 74 City stamped 100 9lh Ave 5s bee Stock Excl. list J-D {108 h> 109 Hi Northern Securities.. 100 176»8 177 1st 5s 1933 Drv UtlJi; B— 250 New'k Pas Ky 5s '30J-J {113 L14 114 202 H; 110 stubs 9t gold 5s 19.12.. .J-D 33 Rapid Tran St Ry..l00 255 37 Pitts Boss 6c L E -can 5s 1914 ....F-A 100 102 50 73 100 1st 5s 1921 A-O U09 Preferred 77 50 ith Avenue at. ..100 390 24 103 J C Hob<fe PatersonlOO .4 ....F-A Seaboard Air Liue 100 400 110 Isg 1949 101 M-N S76 Collu-5sl907 op... M-S 70Hv Ac Or -st F'y stk..lOo 50 7o So J Gas El & Trac loo 125 127 SeaboardUo See Ba It Exch list SI M .V; St NAT.. 100 50 107 uugos 1953 M-S !102 103H2 Va & Southwestern.. loo 1 1st inert 0s 1910 .Ms 12 No Hud Co Ry 6s'14J-J 80 tucotue 6s 1915 J-J 5s 1928 218 34 220 J-J li terborough Bap Tr. 100 Ext 5s 1924 M-N {105 Lex A v 6c p a v F 5s See Si t Exc 181 Industrial and .Uisccl Pat City con O.s '31. J-D a 24 kfetropol securities See Stk E x list 2d Os 1914 opt A-O {100 Meliupol street By See Stk b. x list Algoma Cop & Smelt ... So Side El (Clue) 200 See C hicago list Alliance Realty 126 Nintli Avenue stuck, loo 190 100 124 Syracuse Rap Tr 5s 1946 70 75 Second Avenue stockloo 206 210 IjAmer Bank Note Co. 50 Trent P <fe L05" 103 5s 1943J-JD {103 HH2 ll»4 American Can com.. .100 st mort 5s 1909 M-K }102 FA {115 116 United Rys Of StL OS's 08 Consul 5s 194Preterm! 100 30 1 Com vot tr ctfs 100 178 a Avenue stock 100 170 American Chicle Co. .100 125 128 80 Preferred 100 97 100 Sua Bualev 5s 1945. .J-J {102 100 Preferred 100 Men 4s 1934 SeeStk Exch list Am ice Securities So t'er 1st 5s 1919... A-O {105 108 See Stk E x list 102 UnitRysSanFran SeeStk Exch list Third Avenue See Stock Exch list Am Malting Os 19L4.J103 40 American Marble Tarry P A M 5s 192s }106 107 Wash Ry & El Co.. ..100 LOO loo Preferred 9 3 Hi 94 YkersSt K H 5s 1046A-O {106 1st conv g 5s 1014 .M-S 90'\ 4s 1951 J-D 5s '90 {112'-. 114 I 18th American Nickel li t lHi 50 100 enty-Th'd st 3 tk loo 398 415 Amer Press AssoC'n.100 95 102 H, 1 West Chicago St J-J 100 ..M-N 2 5s 1900 101 5s 1936.. Am Soda Deb IJCong Fuuii cum. .loo 4 Uli.ni Ry 1st 5s 1942 F-A {110 112 4 55 1st preferred 61 LOO ^Ye8tcheot 1st 5s '43 J-J {110 113 2d preferred 11 loo American Surety 50 L95 200 Gas Securities Am Tobacco (new) coin.. 275 485 NEW YOSK BROOKLYN Preld See Stock Exch List Cent Union Gas 1st 5s. {108 4s and Os list See Stk Exch Ave 5s 1909.. A-O {102 Con Gas (N Y") stk. see st k Exc h LU1 Am Typefo'rs com. ..loo 33 38 98 Don 08 g 1931 A-O 113 114 Conv deb 6s ctfs SeeStk Exch list Prelerred 100 100 See Stock Exc ..I 58 Mutual Gaa 4 100 280 Amer Writing Paper. 100 5 E 5s 1933. .A-O 100 101 BBA 29 30 new Amsterdam GUs— Preferred 100 stock... Brooklyn City L0 .11 1st Consul 58 1948. .J-J Sill's 113 87 5a 1919 j-.i 87 V, -lock Exci. Arizona Con 'I ining...50 f 29 V 30 N Y' 6c East River Oas— Bklu Crosstn 5s 190.-;. J -J 102 {113 114 liahloini 1st 5s 1944 2 5 A-O 104 Consol 5s 1945 J-J 17 H 22 H Barney & Sm Car ... ion .^eeStk Excli list lb N Y'JcRl. 125 130 Preferred in See Stk Exch list Nor L'n 1st 5s L927.M-> $105 Bl tlil'm Steel Oorp... loo 34 130 -0',, ..loo lo .-tain laid Oaa coin .. 1"" Prelerred LOO 1st cons g 4s 1948. .J-J 155 tr. tr. s.l.Os 1914.. Preferred 103 112 k c A N 6a L939.J-J 109 113 il-N 115 1st 5s 1930 Company cum 18 LoT 50 6r>t<fcNewlst5s'ui; fc'-A 100 torrea 145 50 L30 . .. l»t ei St 1st On 102 120 BonddB -Mtg Guar.... LOO OTHER CITIES Kings Co. Elevated— Borden's Cond Milk.. LOO 162 1st 4a 1949 See Stock Exch 03 Preferred 100 114 Amer Light <fc Tract. 100 Xassau Flee pre! 1 iji loo 104 British 'ol Copper 75 Preferred 7»8 5 A-O 110 113 8 68 1914 ani'lin Land Bay 50 ie 18 l»l4s 1951 .see St k Ext h list LOO .union .as 5s 1938 597 kltj Co ol Ann 136 LOS N wb'gA rut late 101 Brooklyn Union (.as deb o 100 L28 i;^2 Stein way 1st 0s 1922 J-J }119 0'i-nt Fireworks com 07....Ms 170 121 6a 20 Preferred 7 1011 Buffalo City ;as stockloo 68 72 Exch List ientral Voondry 1st os 1947 See Stock 4 3H LOO 0THBR CITIES 19 Consol Gas of N J .... 1 01 Preferred 21 Buflalo Street Ry— J-J 1st 919 op '01 m \ lat conaol 5» 1931. .FA Ml. I. Centra] Leather tuners' L h & Pow— Sei »112>s Ml 0.1 1917 \ .ry Realty i'»; r-D {110 L07 LOO L58 ?o City Hy 1-0 broogli m'iu Co LOO 440 Commons (O) St By.. 100 ti, Gaa 1. City ..... 5s 27 24 87 Atlantic 26 PaolflO Atlantic 25 II Southern & 9,991 141,192 $119,900 52,897 240.543 Coium Ky con 28 UackenaackMeadowslOO Hackeneaok Water co- LOO .no Chtoago Ellison Co See Listed H ' Match Gold inn Copper SO Philadelphia Boston Week ending ' 1 21 10 100 LOO L896 11. 1 15 1 & Electric Tota 1 7 1 100 100 Preferred liOniinral Chemical ..loo loo 1 Preferred la & Tens lopper 6 1 510.; 8,34<J,0<J0 Franklin Gold .t Stool os. L905 inlson River 1 elepli N Y'A N J Teleph... ' DAILY TRANSACTIONS AT CHI BOSTON A.VD PHILADELPHIA EXC HANG ES Frulay in ba Douglas 99', Telephone • B470 183,900 t $16,991,500 rotal bonds Thursday 1 steel 1 98 1 1 71 7 LOO secarii oil lopper 100 Ele( trio Boat 100 Preferred Electric Lead Beduo'n.50 Preferred 60 in Vehicle LOO Preferred 00 >« 1 12 1 Paa Gas<fi KleoLOO e 5a L949....M-8 L937.J-J .... Preterrou ' 'nil. ' 91 1 con 5.s rn . ' id 6 • Sat unlay 10 1 use lerTelegA Cable LOO Central A 80 Amer. 100 Commer Vu Tel in y'). ECmp A Bay State Tel 100 64,7 14,200,788,875 S6.018.10 1,075 BONUS lyuo :".> !106 in 11. 11. 1 : 28 78 Teli'Br iV L904 152,897,719 • -—•No. share.- 4 '1 . . 3 las stor '..ns i 20 07 I Kni.'". 1 71 L05 i .100 100 . Empire Steel angt Aug L08 in 96 80 24 Joseph 00 'k 40 LOU r-D Os L926 Ky il 1 }110 \ '. 1 l-t 'oil- 1 101 t 1 Stock KK. and 1 .1 ..ns ' t Poti 11 5s L938 0<S 11.10 N u a in • ' , ' 10 S-D 19 ts n B 5a No Hudson L $14,468,600 3.033.2 IS \ ( .I Car fur,' olid 1 97 i '.' 30 si ,l Newark Consol Gas., loo 1 1st 11 10 1 . ^ w nlis. n Gaa 6a L926. \r\\:ilk 0.1s r.s 1944 8,173,000 40,41 1,800 \ Co • 2,61 7,0 U 72,350 . ll.i'. ;.is Industrial and Hiscei Air . . LOO ..'.< oas LOO LOO Preferred l.aiavV' las] HI t.s'2 I. M N WabV 1st 6s'25.J-D $1,524,000 6 1,2 1 L937 Kansas City Gaa 1 25 50 61 6a L962 - si liXril.V.MiK WEEKLY AND YEARLY DAILY. Bid Oasm \ 111 DdlauapoUa oas ! - ' ' 1 THE CHRONICLE. 5 1905.] Volume 1 . 1 j.r loo BOSTON STOCK EXOMNGE-Stock Share Price*— Not Per Centum Prices Monday Saturday July 99 Ann (STOCKS Auy. H 2 87 Ha 87 7* 87 H; 8734 102 Hi 103 *102i4 102 34 •255 266 167 34 157 3 •242 243 • 179 255 , 1 4 265 l< MSA's 242 245 178 •177 24 76 30 76 "a 177 126 1 1 • 125 28 *807 •28 75 29 75 171 75 • 177 J 7s 177 178 /,ast sad 174 178 '307 29 H, 76 171 .! i 177 178 •307 •28 •75 80 76 171 126 * •125 fc ' •807 •307 •22 76 8714 87H •863s 86 88 *s<i 78 87 h *86 78 87 i *1H2>4 102 34 102 14 KI2 102% 102 Hi 102 14 102 266 256 256 266 265% 255 Hi 255 Hi 25 6 154 Hi 154H 154 154 Hi 154 154 164 < 21 '.li •248 245 245 J'ly'05 Last 8 a '4 J'ly'05 309 309 H 21) 75 hast Sale 1'7'i'" r\y"6i, '125 Last Sale 7&7Hi J'ly'OS Last .s a J'ue'05 165 '125 •125 1. Last Sale 140Hi *140 •140 86 86 92 »91 18 18 61 Hi 61 H 2214 U •21 • *... . •14 •50 •97 91 146 84 92 Hi 146 84 91 Hj 28 Hi 202 Hi 61 61 2214 22 Hi •22 is 23 202 Hi 202 Hi 202 Hi 206 •14 •50 -14 •60 16 97 98 99 114 16 *98 98 34 97 98 130i4 131 *98 98 3, •98 99 •98 1303813m 98 34 206 98 H, 202 202 Hj 99 206I42O6I4 * 98 79 79 •14 16 *50 98 98 * 77 Last Last Last Sale 5 J 99 J'ly'05 *98 98 9834 98 13138 98 34 984, 174Hi 174Hj J'ly'05 Last Sale 99 98 114 113%113Hi 206 14 130U 130 34 131 98 34 "97 202 202 Sale r6? 34 May'05 Sale MS Mny'05 206 '4 206 '4 206 Hi 98 97 Hi 97 H • 77 79 Sale 63 J'ly '05 Salt 15 J'ly'05 202 Hj •98 98 12934 130 Week A Santa FelOO 100 pref Boston & Albany Boston Elevated Boston & Lowell Boston <fe Maine 100 loo 100 100 Do pref 100 Boston* ProvnlencelOO Boston&Wor Elec Co Do pref ChicJuncKy&US 1100 Do pref ion Con& Mont Class 4.. 100 Conn & Pass Kiv pref 100 J'ly'05 Do pref Last Sale lb5H J'ne'05 Maine Central •17 Hi 18H Mass ElectncCos 17 h 17 Do pref 6l»4 61 34 61H? 00H1 Last Sale 20"a J'ly'05 Mexican Central 63 113 113 113 NYNH Northern loo loo 100 100 100 Hart.. ..100 Sc N H 100 Wor pref 100 Old Colony Pere Marquette 100 loo Norwich <fe Rutland pref 100 •Savannah Elec coin. .100 Seattle Electric 100 Do pref 100 Union Pacific 100 Do pref 100 Vermont & Mass 100 West End St 50 113 Last Sale i4% Last &at>e 43 hi Last Sale 147 lor Prexioui Year (1904) Lowest Lowest Jlit/hesl Highest ill o.'i il- Atch Top Do Range lor Year 1905 the Sharet M;n'05 Connecticut Kiver...lOO 147 FitchbuiK pref 100 86 «a Ry <fc Electric 100 2.95 146 •146 146'a 146 *84 h7 84 Hi *84 Last Sale 91 92 17Hi 18% •17Hi 18 "a 207 98 79 79 98 •98 Hi Last Last '206 207 98 79 130% 131V, • Hi 202 16 •98 18 61 61 202 H, 202 a4 • 87 92 18 •22 146 84 140Hi •84 *91 0/ EXCHANGE K:i Range Sales BOSTON STOCK Friday Auy. 4 Thursday Wednesday Tuesday Aug. 1 July 31 Weekly and Yearly Record, Daily, 430 77%May20 62 99 Hi Jan 25 70 254 Jan 3 80 il5i Jan 25 1241 May26 44 rl72 J'ne 2 Jan 6 Jan 18 171 6 305 6 13HiJaii 17 63 Hi Jan 150 Jan 16 124 Jan 1-6 Jan 160 Hi Jan 285 Jan 101 42 142 110 59 Hi 86 175 105 23J 17 13 12 13% Feb 11 55M Feb 11 1934 May 406 195HiMay23 165 Jan 19 232 .Ian 24 42 205 Hj Jan 5 20 79 Jan U 523 77 J'ne27 50 Apr 1 15 Jan 13 50 Jan 5 44 93 Hi Jan S 4,398 113 Jan 6 123 90 May23 Jan 18 Jan 3 Jau 3 21HiJau27 12 172 93 30 112 146 Feb 4 I8'.r>4 19 165 Hi Jan 3 Jan 16 Jan 4 Jan 24 Mai 8914N0T Jan 104 14 Not R Mar25 Apr 17 Feb 7 Marl 5 Feb Mai Ann Apr Feb 155 Hi 242 Hi 175 174 Hi Nov Dec Oct 303 Hi DfO Oct 154 J'ne 127 J'ne 186 J'ni rile; Hi 180 IXC Dec .I'm 254 1 >• 9 132 1 Mar '05 Wisconsin Central. ..100 Dec '04 Do pref 100 Apr '05 WoicNashife Roch.,100 93% Mar 9 64 104%J'ne28 88 261 Apr 4 158 Hi Apr 2S H37 249 Man 6 185 Hi Mai 14 158 175 Apr 166 810 Apr 25 295 35 Mai 22 82% Apr 18 Marl" 136 182 Dec Nov 160 Apr 295 276 Jan 148 133 J'ne 86 J'ly 29 24 Hi Jan 93 J'ne21 73 Jau 185%J'nelu 170 J'ne 23 Apr 3 HHiSep 70%Mar30 52\ Oct 5 Api 25% Marl 4 211 Apr 17 185 Hi May 162 Hi Jan 285 J'ne 142 Nov 57 l»c May26 159 May23 222 Apr 26 198 Feb 14 74 Apr Apr Apr 80 Hi Feb 79 Hi Not 167 3 4 233 212 102 87 72 17 Feb 6 Jan 19 137 Hi 175 100 J'ly 27 117H?Apr2* 25 Feb 23 Mar20 147 Mar2b 23 7 1 Hi Nov Oct Hi Jan 232 J'ly Mai Aug 73H4 Deo .... 40 Jan 87 Hi May Feb 25 Ki-IV20 Mai 2 24 Jan SOHjJan J'ne 207 ...» 10014 F-eb25 101% Dec Apr 199 Aut; 163 68 29 Mar20 55% Apr 18 88 175 42 Feb 95 H J'ly % m ai 116% Nov 86 L4 Mar 97 Hi Dec 160 May|173 Nov 89 Jau 93 Hi Dec 108 Jan 114 Dec 16 l4J'iy 17 Hi Feb 37% J'ly 43 Hi Deo 143 Dec 146 Hi Deo iHiHcellaneoiiH 23% •90 23 Hi 91 *6ia 7 26 Hi 27 140Hil43H> 138ial38H? 139 139 37 38 103% 104 92 •6ia • 23 90 233, 7 27^ 140%140 34 138^ 139 13834 139 38% 38 103 *37e 103 H> •116 117 •22ia 23Hi 6I9 *6 l4 *3% 117 117% *22 34 •6% 243»4 244 181 85 19 86% •190 195 86 195 • 1U 45 1H "•• 6H1 IHa 181 45 H> 86 195 lHi 13434 136 H? 134ia 13434 «1>8 23 24334 244 1773s 1781* 4oi« 453* •1% 2% 23 91 *6 Hj *12 2Hi • •6 t37% 108 108 108 26 *25 26 20 3H •3 107 68ia •32 3is 106 107 69 33 37Hi U03%104 *3 78 •117l4ll7»s 23 23 6H2 244 6Hj 245 181 45 14 8634 181 45 86 193 194Hi *1\» 135 •1% •12 •25 91 27 239 108 91 6H1 14 14 23 27 Hj 142% 144 14 139 140 139 139 14 240H, 240 Hi a288 238 • 913 10 •913 10 •12 23% 1% 135Hi 2Hj 14 240 *9H2 10 108% 109 Hi 3i* 106 34 68% 68ia 3238 32% 20Hj 21 25H: 25Hi *3 3H> IO6H1 IO6I4 68 Hi 70 32 14 32 Hi 23 91 23 •91 27 *25 142 14 142 14 99 * •83 •94 142HU43 139Hal40 13834 la9 37 37 Hi 103 Hal 0334 3% 116 24 •6 244 180 24 •84 95 6 6 28 Ht 28 Hi 8334 84 2ia • •75 18 813s • •60 2H> "90 18"* 31 Hi '621a S\ 8 670 670 2% •95 6°s 181a lOHi 2H -95 18>a 31% 31% •60 81s 675 99 86 100 84 94 28 34 30 '% 83 Hi 8434 10% 10 • 6% 99 86 100 -621s 8I4 675 6I4 6 3014 31 84Hi 63g •1% 135 IH2 136 *1Hj 12 2Hl 14 238 3 3 105 H2 106 14 70 7014 32i4 32Hi •60 22% 6U 22 -60 6 29 78 31 84 84 °b •25 -25 10 10 2% 2"ie 1 183s 18H) 31% 31H •65 -65 8W 838 680 7134 14 31Hi -65 8 8 L4 675 22 2 34 -95 18 18 3II4 •15 71 14 Hi •65 -15 •58 36 Hi 103 139 37 103 34 Last Sale Last/Sale *22°8 23 *6 63ft 71% 14H, 1131a •112 80 113 H 78 80 2ia 11 14 14 14 •78 •112 -a 7 2534 414 23 4 2ia H7is 7 e 26 A'!? 2334 9ia 9Ha •85 -87 Hi 2»4 •1 2 34 11», 7 is 2534 4% 2334 9% 2»4 1H •1 64 2 34 ll 7e 7% 26 Hi -15 Hi •58 3 11 34 7 4 ] 26 113Hj *112 3 3 1234 13 73s 26 ' e 22 Hi H •90 -90 1434 15H 53 Hj 5334 15 34 54 3 lHi 23 4 234 *1 IH2 28 Hj 29 100 100 Hi 26 26H 1 1 li4 108 108 107 108 .-B105 126 2% 7s8 126 73a 7% 8 Hi 9^, 833a 33»4 81 % 31 10 Hi 10 H 45% 46 4% 13 4% 13% 117Hill7% 2 2 3% 2i4 7% 3% 23e 8I4 12534 125 34 634 7% 9Hi 9% 31% 32 33% 34 IOH2 10H) 46 46 414 13 117 134 7 4 24 34 23 Hj 23 H 9 34 10 1 3Hi J 2334 « 78 414 '95 7ia ' 112 •95 3Hi 14 78H *77 414 28% 28 34 28% 28 't 100 100% 100 H 101 27 Hi 27 25% 26 •2 71i4 4«6 43b •87 Ha -87 1434 54 3 14% 14 34 54 71% 71% 4Hi 1314 117 2 3 •2 7% 106 314 2Hs 8H) 4'a 7./.6H2 *22 3 4 9 7s •85 23 6*4 -60 71 H. 14 78Hi 113Hi 3 1334 73s 26 43s 22 Hi 9's 14 34 16 63 2*8 25 Hi 26 H2 1 1 105 105 7'8 125 126 126 7 8 7 245 45 Hi J'ly'05 240 240 21 *25 8 106 21 21 Hi Hi 26 70Hj IO6I4 71Hj 32% 32 34 Last Sale Last Sale Last Sale 106 71 7e 33 314 'i\ 8 125 7 7e •18 19 West Telep & 98 98 •98 99 Do pref 83 85 84 Hi 84 Hi Westing El & Last Sale 92 Hi J'ne'05 18 18 6% 8 6 33Hj 34 35 84 84 '4 84Ht 84H 10" "ii"h "lOHi "lOHi 2 Hi 95 18 31 2 3, 2 34 18 31 4 •60 18 31 -80 8 Hi 675 15 20 2214 23 •59 676 ? 12 4 73 e 24 7e 9 Hi 2 7s 12 Hi 7Hi 24 Hi IH3 2S!4 21 34 9Hl -92 H. •92% 14 34 63 H 14% 53% 7 2 e 1H? 28 Hi 9«!4 99 26 Hi 26 7 e 1H» 104 3 2 734 123 7 lHi 104 33b 2Hj 7 34 123 7Hj 9 l4 1% 28 100 26 1*18 103 3 2% 734 "7" « 34 "§2% 33 ss 34\» lOHi lOHl 45 Hi 45 H 34 1% 118 2 2 4% 2 414 May22 Mur30 91 •40 16H;J'ne20 97 Hi 84 91 t 2 34 18 70 •25 3,325 1 •45 2,258 4 24%May22 J an 24 Mayll May 2 May25 8 Apr 24 35 Jan 25 Aug 1 10% 46 28 100 26 13 Aug 89% Apr Aug •25 103 3 2is 7 34 '"lK J'ne'05 "33" 34H 10 34 46 414 4S 12 H 120 11 4 14 ((3 a i 6 Aug Mar 2 75 43 Feb •75 Mar Feb 31H>Aprl2 15% Feb •25 Feb 3 Aug 4 12 3fJau 8 Feb 23 Marl •20 J'ly 7 Feb Mar May Mar 1 16%Mar22 26 Jan 4 6 Mar 14 8 Hj Jan lu •05 May 2 J'nel5 12%May22 1 Hz l» a4 10 650 9,985 •10 Mai-18 •15 Mar24 Jan 3 Jau 25 705 11 Hi Mar3o 60 JanlO 113 JanlO 20 100 100 12 2 645 136 •75 J'ly Mayll •75 14 Hi Apr Feb 6 78 J'ly •20 J'ly 7 Hi Apr Marl 4 38 Feb 10 34 Aug Hi Feb 15 40 J'ne '4 Mar3J 103 J'ly Mar25 3'4 Jan 13 1% J'ne 15 34 Jan 20 Aug 7% Aug 13 ! 4 2 2 34 Nor J'ne 7 7% Nov 1 21 Nov 82 34 Dec 1 Mar 14 Oct 29 34 Nov Nov Nov 22 H, Nov 3 38 4 Nov l 3 ie Nov 7% Nov 700 Nov •25 Nov 1 3234 Nov 10 May 3 lHi •75 Jan 14 Oct 74 Hi Nov 36 Jan 72 Jan 116 Nov 4 Nov 15 Hi Nov 5 u ieNov 1 2% Mai 20 Oct 34 Hi Dec 10 5 Deo Apr It •62 Hi Feb 2^ Jan 17 6 Hi May 3 5 Hi7 Nov 18 Hi Mai 13 d 3 Feb t9 e Dec 45 J'ly 1 Hi Jau 1l 2 Nov 15^4 Mail,. 0H1 J ne 11 Hi Deo 56 Hi Mar 34 Hi Feb 67 Hi Nov 30 '4 7 Hi Api I 5 Hi Jau 1' 1 Hi Jau JMay29 25 Old Colony 1,715 2 3 Hi May 1 29 Aug 1 1,278 88 Feb 9 103 Mail! Parrott(Silv& Copp) 10 1,210 22 J'nel- 30% Apr lo 3 4 Jan 14 1,«00 •50 J'ne22 150 95 May 4 118 Jani; 25 Quincy in- May 1 3 Hj J'ly 29 3,825 3 Jan 18 1 Hi May 8 Santa FelGoldcfe Cop) 10 1,330 6% Feb 6 9 Jan 3 8,129 235 101 Mu>2.. 140 J 8 Aug 1 2 Feb 13,908 24%j'ne2o 35 Jan 19 7% Jan 26 13 J8 Fob 1 9,475 9 MarlO 34 Aug 1 100 4,728 United Copper UnitedStates Mining 25 15,547 21 Jan 25 34 Hi Aug 4 9%iApr 6 ll J4Jan 5 315 Unit States Coal <fcOil 25 3,141 39% Mar 4 46HiJ'ne22 2 Mayl9 6 Jau 13 630 9HiMay22 15 Hi Feb 21 25 1,495 Winona 120 Feb 16 105 Jan 4 601 2% Feb 21 lHsJ'uel2 565 .. <( Oct Jan 83 18 86 117 l 10 Apr 1 5 J'ue21 25%, May.il 8 2 May2t> 320 8 Apr 29 5,655 5 Jan 4 6,468 7% 24 Hi Greene Consolidated. 10 22,643 20 34 J'nel3 3 Jan 4 Consol.. 5 250 Guanajuato 2234 Isle Royale (Copper). 25 1,930 17%May23 6 May 2 6 1,935 9Ht 25 1,330 •70 J'ue-7 -92 Hi Mayflower a 10 9 Hi Jan 6,895 14 g 25 4,250 48 May 1 65 J4 Mohawk lHi Jan 1 25 Granby Consolidated. 10 12 Hi 120 2 34% Jan 98 7eJan 5 Franklin 13 4\) 2 25 "23 78 12 J4 1214 118 Hi 118 14 31 J'ne3u ll 34J'ne 8 100 Ha Jan lo 300 276 300 MontanaCoal&Coke 25 Last Sale 24% 8=8 J'ly 26 May 2 3 -60 Cons Mercur Gold... 5 1,735 •30 12 25 Jan '05 Continental Zinc 3 70 4 Copper Range Con ColOO 58,431 64 69Hi ;, 21°e 22 18 25 Hi Jan 4 2 140i4 Apr27 118 Feb 141 Nov 2 34 Jan 9 4 Jan Hi Oct 8 Oct 17 Janlo 17 J'ly 208 Mar Nov 243 252H?Feb2» 6%Jan 10HiFeb23 9 Nov 114 Jan 5 1:9934 Mar 116 Oct 23 Jan 18 22 Dec 22 Hi J'ly 26%iJanl6 24 Hi Oct 26 Nov 2 Jan 6 Oct 4 Jan 6 115 Feb 20 95 Feb 113 J'ne 76 Aug 4 33 J'ly 8 6 Hi May 20 Hi Deo 14% Jan 16 lUH<J'ne26 77 Jan 103 Deo 48i4 J'ly 2o 10 34 Feb 34 Nov 117HiApr 7 40 Hi Jan 99 Hi Deo 38 H> Apr 7 8% May 33 Deo 104'sAprlb 5 1*8 May 95 Hi Deo 67 Hi Jan 20 •50 Apr •75 Jan 22 Hi Feb 6 6HiJ'ne 23% Nov 104 Feb 8 76 Mar 101 Deo 92 Mar 9 75 34 J'ne 93 Deo 99 Mar20 f 90 Hi Aug 100 Jan Bingham Con Min&S 60 2,766 28 May'22 35% Apr 17 19 Bonanza (Dev Co)... 10 700 •50 May 6 •85 Mail5 •39 6 BostonConC&G (rcts)£l 3,935 534 Jan 26 8 34 May 19 25 94 601 J'ne 7 695 Feb 20 435 Calumet <fc Hecla 14% 14H3 Daly-West Last Sale 79 J'ly *05 Dominion Coal Last Sale 116 J'ly'05 Do pref 2' 8 278 Elm River 3 I23e 73s 23 Hi •4 8 5 Sm. 25 •60 5Hi 32 14 32 H 12 Hi 118 Am Zinc Lead & J'ly'05 34Hj 43a Amer Gold Dredging Catalpa (Silver). "2234 84 •12 118 -65 8H. 675 <5Hj -60 70 71Hi 14H> 14Hj 1.486 13,877 Amalgamated CopperlOO 9,837 3 31H, •65 8H» 8H3 Last Sale 25 1,559 100 100 100 100 100 13,188 100 3,789 25 Teleg.100 99 100 18 Mfg.. . 50 5 1 ISHt Atlantic 33% 4Hj 165 10 J'ly '06 2?Hi ••90 -95 33»8 13 Feb 6 Febl7 1 Feb24 10 Jan 6 150 230 May23 8 Hi Jan 12 100 214 105 Feb 24 1 5 287 134 Mining 5 78 30Hj 9H2 10 H> 10 Hi 46I4 46I4 r Do pref U S Leather mis Do pref 4S\i U S Rubber Last Sale 109 h Do pref 34 34 36 35Hi 35% U S Steel Corp 3 103 4 104 104 Hi 104 H Do pref Last Salt •40 J'ne'05 West End Land 32 34 33 H» 33% *10Ha 11 46 46H 4 106 78 76 33 660 19ia Jan 25 29 H) Apr 15 12 Hi Apr 24 Hi Dec 74 86 Jan 3 93 Marl3 71 Jau 87 Deo 4 14 Apr 13 45 7% J'ly 7 3 Hi Feb 6% Nov 160 20 Jan 17 30 J'ne22 17 Feb 27 Hi Sep Mar 2 122 Hi Feb 152 Hi Nov 9,625 l30'4May23 149 303 1 32 May22 140 Hj Mar 7 122 Hi Jan 141 Nov 1,708 137 May23 148 Jan 4 119 14 Feb 149 Hi Nov 9 Feb 21 Hi Nov 720 21 Jan 23 40%Aprl8 68 Hi Jan 94 34 Deo 1,389 92i4 Jan 3 109 Mar31 3 3 14 Maris 4 4 j'ne 9 3 Nov 4 Sep 116 Wly25 124 Jan 6 112HiJan 12234 Deo 39 17 Jan 24 24% Marl6 7%i J'ne 1934 Nov 5 Hi Jau 6 Hi J'ly 5 7 Hi Deo 7 34 Jan 10 50 102 z242 J'ly 15 257 Apr 6 230 Feb 265 Aug 191 al51 J'ne Jan 17 194 Nov 187 169HiMav22 6,507 38 l4Jan 6 46% Aug 4 36 Dec 44 l4 Aug 3 1,404 8OH1 JanlO 88I4 Mayl2 77 4 Mar 8434 Oct 51 *tS5HiJ'ne20 206 Apr 29 173 J'ne 200 Nov 2HtMay25 Union Cop L'd & Mg. 25 420 United Fruit 100 833 103 Apr 29 Un Shoe Mach Corp. 25 7,823 57 J'nel5 J'ly'05 J'ne'05 J'ly'05 J'ly'05 i3Hi 9 13 117 21 Hi Torrington Class A.. 25 3 8»4 8H1 Pullman Co 100 Reece Button-Hole.. 10 Swift & Co 100 108i4l08 34 14 Hi 2 e 10 & Tel 100 23 241 63 7 •1 l\j 28 34 28 34 100i4 100 Hi 3H) 2Hj J'ue'05 Boston Land J'ly'05 Cumberl Telep 9Hj 10 •89 -89 63 246 100 pref Do pre! 50 26H 143 H, Amer Sugar Refin 100 Do pref 139 Hj 100 Amer Telep & Teleg.100 139 373* Amer Woolen 100 Do pref 100 103 Hj Last Salt 13 Last Sale 71* 37 14 103 675 675 *61b Do 6Hj Edison Elec Ilium.. .100 General Electric 100 46 h Mass'chusettsGasCoslOO 8634 Do pref 87 100 19434 194 34 Mergenthaler Lino. .100 •114 IHj Mexican Telephone.. 10 *lHt lHi 136 136 136 136 N E Telephone 100 Last Sali 2 16 May'05 PlantCom t'st stk com 100 Last Sale 2 •95 21% 23 6I4 -60 139 Amer Agricul Chem.lOO ; 6Hs 11 *6Hj •60 -60 •94 -25 675 2234 99 86 100 99 •83 •25 •65 26Hi 143 139 Hj 139 139Hj139H 23Hi 92 6H1 238 9 34 9 34 109 109 •20 25 26 *10 •15 22 34 •6 is 86 "91 244 24414 181 Hi 178 179 H? 45 14 45 Hi 453s 453,, S6«8 87 86 Hi 86 34 194 195 195 195 3514 * 85 100 23Ht •6 35% 35 14 35% 34 e 35 14 103^10334 103%103 34 10334 104 103H3 10334 ••50 -60 •50 -60 •50 -60 • •50 "60 18 19 •18 19Hi • 19% 1734 18 361s 36 "a 23 92 •2 Hi J au J'nt •uO 9 Hi 53 2i; :,4 ii-JU 80 6\ 2 Hi Aug Nov Feb Feb Feb 29 Hi Dec 98 Nov 33 Hi Nov Aug f5 Nov Feb 125 Nov 3 Nov 3 Hi Nov Aug 10 34 Nov 85 May 140 2s ov •25 J'ne 414 Nov 34 Nov 43 Hi Deo 3% Mar 18 Ha Nov Mai 6 6 Max 18 Jan 28^ Deo 8 Hi Jan 12J4 Nov 30 Jan 47 Nov Mai •50 1 H3 3 J'ne Hi 2% J'ne 5 69 •50 Feb e^gXov 13% Nov Nov 1 3 Nov Jan 110 Feb •Before pay'tof assess'tscalled In 1905. d Before pay't of assess'ts called in 1904. *Bid and asked. UNewstocs. tAss'tpaid. tEx-rights. aEx-div.& rights J ' A BUNDS B08T0N STOCK KXCH'GE SI BMDINS AUGUST 4 Price Aug — Am Am — 4 90% snu M 10J-4 87% Sale joint b. Chic Jo Kv Northern 6sl920 J.J 126&4 MA St 1" . Wis V iliv . Concord A- .Mom cons 4s.. 1920 I'.iss B 1st 2 4s... 1943 1927 Current Hiver 1st 5s 1st 4s... 1946 DetGr Bap A 1013 Dominion Coal 1st 0s 1900 Eastern 1st gold6s Fltchburi: 4s 1916 1027 4s Fremt Elk A- .Mo V 1st 6s.. 1933 1033 Unstamped 1st Os coU tr 4s 1021 Gt Nor BeKistered 4 s 1921 120 108 109 100 UB*Q 102 97% M-S M-S M-S 103% A-O A-O 139 130 lul 102 % ; v 1 1 106=11 J-J y-j satuj-ttav Monday July xy July 31 109 LOO lop, UU L26 L08 101 OS J'ue'05 140 Apr'05 130 136 140% 140% 101 98 101% 100'. 98 101% 02 V, 109% 1 03 Hi 103% 103% lor-', 10'i '('5 all Exchanges— Stock Record, Per Centum Prices Tuesday Aug ACTIVE STOCKS Thursday Wednesdati 1 Aug 25 04 OS 101 101 L02«b L03 1 KITH Kill'i 100 106% ^102% 102% 124 4 125% - I :, IOH'8103% 10 Mai '02 00 "a J'ly '05 105-'4 100% 105 \ 105'V 107 Feb 'OB T130 102% 100 94 »4 J'ly>0( 102 % J'ly '05 105 '4 J'ly '05 102% 103 'hMuj-05 102 104 4 ! 4 and asked. 103% io5% 10H ion '05 •iOi 1 1 1 111 % Apr '05 109%. % 102% 102% 105 s4 100% 104V»< Jan U'Jl '.02',' 07 Apr'O.i 104 U Sale 106% U18%1 107% 111% 11105% 130% J'ne'05 'h'i IOO 100 07 104%106 34 moo %.riy'(i5 TO0%Sale 100 111% oi % 1 1 % 1 Flat price. 1| Weekly, Yearly Daily, Range lor TYevious Year (1904) Jiaage lor Year Sales the 1905 Week Stocks see below) 4 TViv'rT" 00 >4 100 ol (For Bonds and Jnactire Friday A Ufl 3 •j 103 latest bid ; J'ly'06 't '. FA price Friday 102% 102% A pi '06 L06% Feb'u6 100 Deo '04 100 Deo ! 104% .I'm 'HI 12 H Jan '06 125% Mar'06 10 J % Apr 'o5 i. No N.iv'ir, lep 'hi LO8S4 A-o olil Is Mil Colony L924 FA Hie- By A Nav 0011 u'4s.. L946 J-U Oreg Sli Lino 1st 6a L922 FA Bepub Valley 1st B 6a... 1919 J-J Kutland 1st con gen 4 "98. 1011 J.J HuUantl-Canadian 1st 4s 1010 J-J sa van null Klec 1st cons 3s. 105 J-J Seattle Elec 1st g 6a L930 FA 1018 M-S TorrLngton 1st g5s U nion Pac RK&lgrg 4s 1047 J-J 1911 M-N 1st Lien conv 4s United Fruit conv son 5s 1011 s steel Corp lo-tio vr 5s 1968 M-N West End Street Ky4s... 1916 FA 1014 M-S GoM 4%s Gold debenture 4s 1916 M-N 1017 Gold 4s Western Teleph & Tel 5s 1982 J-J Wisconsin Cent 1st gen 4s 1040 J-J Wisconsin Valley 1st 7s 1000 J-J ISoston Bonds. Hoi's 102% Ang'04 MS LOO J'ly 1 ', May'06 Mny'04 97 % J'ly '03 07% 93 101% 101 J'ly '05 102 h J'ly '03 102% 'J 102 Hi ; KM : 101 t 126 in:; 25 Mar'OB 10 V Nov'04 75 J'ne'O,: t; 108% 108% 109% ; 114 'i '.' I V is % 1 ' '115 Kill 1 1 111. 98% , J'ly' LO !% 100 104% mi 120% 1 High 101% 102% .Vo 1 L04% L02% "77" "77% .'ice J'ly'05 J'ly 1 I 1 lanuuni J'ly '06 j'ne n J'ly '05 J'ly '06 J'ly 'OS 98% 911 '.'1 1906 J-J 1005 J-J 1st 7s u. Ills r 106% 108 004 100% 126% 126% J'ly'05 U)o% 100% N Eng i 140 Sale loir, IS 'k i2i loi Hi lnl'i 1906 A-O 1907 A-O 10OS A-O 6a 108 99 MS 6a 1 l"7 iua \ l New EngTeleph 107', 100% Sale — >ot Aug , 109 101 lii'l" JO \1 -,1 i !09%MaT'05 102% 102% 103% Apr'oa L06^ May '05 , 14H L908 1928 1st 7s.. 1st 8a Philadelphia and Baltimore Stock liaic Trices 1 vn >'oi't— Buyer pays accrued interest in addition to the purchase price lor • . ; 95% 90% Mar'05 OS 100 ...... s a Gull i-'t 1 N V.t 109% Mar'02 112% Jan 'on 102% Apr'i'5 J -I) A-O A-O A-O M-S W '06 V'J 126% Mar'05 Feb '05 126% c CUn a 8pr High 100% & S? /.in/' 1"1H. LOI L28 nl \ B.. 1 j'lyo. ioo . Conn a 1 , 81 21 107% 107% 9i'% loo A No Mich let gu 58.1931 M-N A W M Ion gen 5s. 192 J-D 108% . 1 I 1 •(..-i 107% Chic Chic 9 129 99 \ Apr 95% 96% 00 78 J'ly '06 Stk V.is ;>s 1916 J-J Cull trust refunding g 4al940 A-n Ch Mil A St P KuO D 68.. 1920 J-J .V- lO'.' 1 100%J'ly 100", Deo L00*a 1949 J-J I . ' FA .; ly '08 Mm lol lsi 5s... 192. o A-O i , a.si l Ask 10] 101 J An t io;;i Assented Income 5a A M By a Hi 5a L92U A-O KanC SI Jo a H 1st 7s.. 1007 J-J i. i; a Ft sin id gr 1st 7s... L905 J-J .Maine Cent inns 1st 7s. .. 101'J A-O Cons lsi -Is L912 A-O Maro Hough A Ont lsi 68. L926 A-O Mexican lem ral oona is.. 191 J-J Jan L939 J'ly 1st eons me 38 Jtl eons mo lis Jan 1939 Mieli Telep eons 6a tr roe. 1929 M lime Gen Klee eon g .">s L929 JJ 020 FA New Eng Col Vain 58 i J'ly •05 99% .» ii KanC J loi. ennvei delii'ii A BlOUX (' 181 ills Kan 106 J'uo •i'l 129 J'ne 06 lii'sJ'iy 'OS 87 B loo Sep '04 '06 loo 101=8 Apr 05 H'.'i j'ne '04 HIS. M-N 1921 M-S I Ch in-.".... I .11 I'. Kan C Ft Scott A M 6a Kan C M A It fCen is Mar 'o; 12% Jan '03 99% K — !>. 94.% Kol) '04 '0 i is !.l 101 1 — Nebraska Bxten B a S W - .Illinois Piv 'as N Ills I'cO •04 B9 7g Jan '02 FA loin Illinois Steel telien 6a 1 II Frtdav A up 4 --.- inn 87 •.'.->, 4 High 117 . .v. 100 ITIC- on stuck EXOH Wll.k F.MHMI AUGUST K'l% Apr '00 1907 J-l' 19 14 J-J Maine l %a ii A 1906 FA l in Post A Men 3d issue 7a... 1904 M-N Boston Terminal 1st ;!%.<. 1947 1918 J-J Bur A Mo Bit ex 6a 1918 J-J Kon-exempl 6a 1910 J-J siukin- mint -is A-O 191 Boston Lai 6a Butte Bap 4 Mo R l.-t 78.1916 M-N 1909 J-D 7s K ls..Mayl92U Cent Venn! 1-: J nd 48.1006 Chic Burl :.s A-O 1st 1919 Iowa DlT l»l« A-O Iowa Djt 1st 4a L913 M-.N Debenture 6a 1922 Denver Kxten 4s is I So Low Hitih 110 I ii tanuary JHy'06 102% 102 H 88% A-O J'ly 1996 V.v sot Light let 0a. 1008 M S M.S ConaoJ 5s Bostons! Lowell 551 BONDS Banff* Sine* .siiiV K'i'V 100 Bale tie 107 j.j ,VI-S la. .1996 Atchl'opA Slfegong Lust Ask Low Bid 100 jj 1808 Hell Telephone is Telep.fi Tel coil tr 4s. 1920 1908 7s.. 1st Ateh a N< 'i wk» M*>1 II Aaiif/e or fYida* WEKK ostment e 4» 1 Boston Bond Record. 5 1905. -;. i ' . 1 Lowest shares Highest Highest Lowest Baltimore •84 HO '25 * *.. . 85 *5 87% 103% 107 105% 107% 107 100% *24% 25 "24% •87% 88% *53 34 54% •53 14 14% 14% 87% •85 88 100% 104 25 25 101 25 80 -So -53% 54% 13% 13"-, 51% 51 "ii" 'u' Consolidated Gas 100 Northern Central 50 seaboard (new) 100 Do lstpref 100 Do 2d pref 100 United Ry & Electric. 50 Mayl6 90 May25 L10 100 83 09 3,833 314 1,315 86 Dec J'ne 109% Dec Apr 13 67% Jan J?eb24 71 21% Jan 16 26%J'ne30 83 Mar 2 3 00% J'ly 47% Jan 24 57 J'ly 10 12%Apr24 18 Mar 3 6% J'ne 15% Deo J'ne 51 Pliilndelphin 51% 23% 2Sh x>l-h 27^ II s* 11% 11-4 •51 11»B 45 10 103 • . 02\ 3* 3', 44 ln5 44<4 >, 45 8% &>* 27% 16 02% 03 3% 3 % 71% 71% 71i%e71"i.. llsj 51% 27% 11% 12% 51% •51% 27% 27 27% 11% 11% 11% 12% 27 \ 52%o2"i •10% 47 •46% 47 60% 00% 95% '-'S'V &% 27% 27<% - S2W M 4 47s -40% 47 •4ti ! 60% j 07 -4 I PHILADELPHIA 16% •la •103 62% 105 63 51' 104 % L05 hlSie 8'j. 8i% 9 Easton Con Electric {.60 Elec Storage Batt loo loo Indiana Union Tr 100 ln-ur.iuce 1.0 ol N A.. 10 Inter Sin PowAChetn.60 telephone ..50 Preferred 60 Ask 6% 6% "4-% 49% ''- Lit Brothers Little Schuylkill 10 S3 84 29 30 H..60 60 Nort!i Pennsylvania. .50 Penunylvania salt 60 Pennsylvania steel. .Ion Preferred loo PailaCo(Pittsj pref... 5n Traction vavx General Susqueh Iron <fe SI. ;,n 1 2 04% "97" Westmoreland • 99 loo 1% 1% 1% 2 J-l) 117 126 150% 50 Coneol lsi La '39 162*" Georgia Sou .... 72% 40 100 75 8 9 Anaooatta All ' * tin o( iinleOi 4s U yr Is 1025 Ball iO paid, 1st I' Tr.u: No Ball I!. lit ' • J.J 1 M-N .oi'. i un i os l-,t in I'll A.-0 5s. .'20 M-N Dlv68 1012 hi, ie 5a. '06 JK M-N Byoon6el032 m-.n KxtA Imp 6s. 10112 M-S i^ljpaid. | *10 paid, I 10(1 101 Norfolk St 1st 5s '44. .J-J North Cent4%s 1925 A-O Series A 5s 1020 series B 5s 1920 J-J Pitt Un Trac 5s 1007. J-J 118 05 108 114 117 1 10 13 1 1 $20 1 paid. A L06 South Houinl 110 i I 1 108% 108% 115H 116% 111% 111% 111 111% 122% 123% 114 62 30 104 117 116 115 62% 30% 106 81% 84% 95 93% 107 112 19 1 119 110 1 st 5-. . 111 1 90% ;,,, J 110% 118 \ 4%8'29M-N . 6a L906..M 8 2d series lis L911...M S 3d series lis 1916. -M > .M-a 4th si 8-4-6 si i 103% 111% 111% 11 1 l 12 ' i .".tii I .1 •'•" L6 Lai 1 B7 oi '.'.', i.,vl' lsi Kl 1st i Vn Mid 19 lea 5a L926.M-S 1 14% 5 % 1 1 1 10% :..l-.l IS 121 l-i, ,. 'i-l-l j 1914 J J J is' ' '! I 110 90 1 Un UvA 108% 1 \ lloan 6a L926.J Im 05 LOI % 1 106 l'olo Val 1st 5a 1011. .J-J s.ali 01% 106 117 116 106% .1 1 106% 102% L03% -J Pnndg 5s. L916 M-N hange3%s L930J-J A M-N gold iru-i cits. rtils 4a Ei-rigi. L BB481952M-8 Bait C Pass 1st 5s '11 ioi'" v-o 1 a cfc Atl Coast. L(( ;i )otta5a j.k <: PI... .- Pot 5s 1st 7. ..1907 J-J & Ch Allan Npt N&O P 1st 6s'38 M-N General 5s.... 1941 M-S sav Fla AWest 68 '84 Seaboard A L4a I960 Bonds 102% Bid ana asked prices; no sales on this day. loo 100 ioo G-B-B Brewing Mt Vernon Cot Duck JJ 1919... Var Md Bteel coi V '',,„ 7s '06.J-D .".s 5a '17 Tru-i 30 OS Fla...l()0 2d pref In 50 <fc 1st pref 90% Incomes i M-N Penn A Pa St N Con 5a 1039 Ii 85 100 00 118 114 114 105 116 lst6s.1916.I-J Consol Gas 6s...l01o JK 1939 J-D 5s Ga& Ala 1st con 5s '4 5 J -J Ga Car & N 1 st os g "29 J-J Georgia P 1st 0s..."22 J-J GaSo & Fla 1st 5s 1945 J-J 102% AtUu Coast LineRR.lOd 102% Allan Coast L (Oonn)lOO 400 440 .mum (Jo loo 02% 00 NoOhioTrae COn6s'l '.J-l No Penu lsi la '36.. M-N Penu gen 6a c 1910.. Vai i Col&Grnv - N Vl'liA No Phil Sub(Was)lst5s'48 Coal<feIRy lst5s'20F-A A; 100 BAl/riiHOKE 113% A 125 Ask Bid AiiautacV; Charlotte.. loo Wlks-B GAE con5s'55J-J 87% 89 1 CharlC&Aext5s.'09J-J 1910 A-O 2d 7s City & Sub 1st 5s. ."22 J-U City Dec 43% Oct 1 10% Deo 70 t Inactive Stock* Ua Cons Coalds Iion.lOo I'rel 100 Ry8Trctfs4s'49J<fcJ U Trac Pit gen 5s "J 7 J-J Welsbach s f 5s 1930. J-D KU', || 59% Deo 4 % Nov 8 Jan 19 Nov 10%.Mar 41% Deo 38 Mar 46 Deo 28 Mar 42% Dec 45% Jan 59% Deo .si Ma\ 08 Deo 19% Oct 22 J'ne 00% 97 85% 113% G-B-S Brew 3-4s 1051M-S 62% 03 2d income 58 1951 M-N Knoxv Trac 1st 5s '28A-0 LakeR El 1st gu58'42M-S .MelSti Wash ilst.".s'25 FA 60 71 .Mt Ver Cot Duck 1st 5s. 00 94 Un M-N Peo; 13 Coal.. ibo% Koch Ry& L con 5s '54 J-J U Trac Ind Ken 5sT9.J-J 33% Feb 2% Mar 55% Mar 37% May May 5 Clias City Ry 1st 5s "23 J-J El 5s '99 M-S Chas Ry G ioti" Oct 18% May 26% Dec 7% Feb 11% Nor 5% J'ly 14% Nov 20 Aug 44 % Nov BALTIMORE Ask Ry con 5s 1930 Rochester i is 2003. 1st La '29. J-D W & B col tr 4s '21. J-J 1' 109 > II Os M 4s g '47. A-O M ot 'S2 4s '37. J -J Terminal 68 g 1941. Q-E 50 r.ns j.k Pass eon 5 Penn 50 -,,, Steel'. 4 14% '- Ex Imp Con 119% New Con Qaa 5s 1% 14 -1 LQ 101 In< 90% 90 4%s g.l924.Q-l Newark 11 Bid -13 .; ... & E gen M 6 g '20. A-O Gen M 4sgl920..A&o Ph & Read 2d 5s '33. A-O Con M 7s 1911 J-D ConM Osg 1911. ...J-D LehiKhNav 4%8 T4.Q-J Gen cons I.eh V Trac 48 919 Ask i'02% 103% &A M 101% & Eq II Gas-Llstg5s 102s 11 A li Top con 5s "2 A Consol 6s 1923 i'0'7" Nevl Pitts.... 1st con 5s 1932 Con Trac of .N J 1st 5s. '33 E 1st os 1920 M-.N Elec Peo Tr stk tr ctfs Annuity Limed N J P.O. & (.'..101 269% Unit pow 4c 'trans 25 U 50 100 Pennsylvania RR 50 1'laladelp'a Co (Pittsb) 50 Philadelphia Electrict. 25 Phila Rapid Transits. . 50 Heading 50 Do 1st pref 50 Do 2dpief 50 Union Tracton 50 United Gas liupt 50 Welsbach Co 100 I ioi" 106 in 10 Preferred Ry M 100 100 Jan o 54% Apr 4 24% May 2 2 28% J'ly 28 10% Jan 25 12% Feb 20 21 10 Jan 9 17% Jan 27 180 38% ,]-,.. .01, 49 Jan 26 288 14% 1 25% Mar 4 1,295 100% J 110% Feb 14 1H.117 52% Jan 70 Feb 25 1,685 J'ne 1 5% Jan 17 14,181 65' 3 le May22 73% Mar 13 25.900 40% Jan 25 4S% Mar27 3,014 J'ne 5 12% Apr 2 7 8 0,285 tl7% Jan 4 i 36 Apr 17 44,767 39% Janl:-; 515,9 J'ly 7 44 45 May20 47 Feb 280 42 Jan 9 47% J'ly 10 782 68% Mar 9 03 May 19 13,918 90 J'ne 5 125% Apr 18 200 20 Feb 28 28 Jan 17 125 2,437 P Leh V C 1st 5s k '83. .JJ Leh Vext4slstl04s..l M-> 2d 7s 1910 % 10 'vater Steel Preferred Warwick Iron Bid Che A D Can 1st 5s TO J-J Choc & Mo 1st 5s 1949 J-J Chuk&G gen 5s TO J-J RP.s 4s g rman A NorTls.50 United Trac 40% 47 8i 3 i6 b l5 i« Al Val E ext 7s 1910 A-O AmRysconv5s 1911. J-D Atl City 1st 58 g '19. M.N Balls Ter 1st 5s 1926. J-D BergdtEUrw lat68'21 J-J Bethle Steel Os 1998. CJ-F Gen Steel.., of 71%7l'% 6 Indianapolis Ry 48.1933 Interstate 4s 1043 ..l-'-A 25% tr ctfs tr ctfs -i l9 Sl",« '» 50 Nor the in Central Tonopah Mining Gen Asphalt Do pref 64% 05% Lehigh Valley 3% 3% Marsden Co 04-4 PHILADELPHIA Col St KeysloneWai '.' 8' 3 13 45 50 50 America 10 100 10% 10 3 Lake Superior Corp L05% 105% 106 Lenigh C & Nav tr ctfs. 50 i(5-'4 3% 3% 71% 71% « 46% 46% 8' 3 I« Klectrie Co of --2 100 Indianapolis St A *41 '4 IV'., L 00 Harrison Bros pref. ..loo .-scluiyl 11% 27% 27% 27% 27% 27% 28 27% 2S', 53% 53% 52% 51% 52 % 62%« 5 3 4 4(i% 46% *40% 47 46% 46% •46% 47 -45% 46% 45% 15% 45% 45% •45% 40 60% 60% 60% 60% 60% 60^ 60% 60% 0s%100 96% 96\ 97 05% 96% 08% -22 25 20% 20 % 21 21 Preferred 50 Diamond State Steel.. 10 Preferred lo Iron 105 62 % 62% 6U% Coke, loo loo ConsolTrac Pitts 50 M.nehUl A 44 525 19 & Preferred 44% 16% 71%7Ua l6 Vl 3 ia 71% 44% 45 44% 46% Bid 10 50 Germantowu Pass 11 34 Jnnd- American Cement Bell Telephone Cambria Iron Central Coal Preferred 11 34 •12 16% 1(3% Inactive >tocks N Haven 52% American Railways.... 51% 51 3* •52 27% 27% Cambria Steel 27% 27% 4 18 16 •103 Hi 105 ii H, esVaC<S r wii A W( \\ 95% I 1 1 i 116 THE CHRONICLE. 552 [Vol. lxxxi ABSTRACT FROM REPORTS OF THE NATIONAL BANKS MADE TO THE COMPTROLLER W \Y V deposits to C g Capital 1905 Loam Massachusei Boston Rhode i Connectli Now 8,820,250 20,147,550 D o 113,767,670 England States. New Yolk City Albany Brooklyn 34,743,461 i5o,O00 1,250,001 in,;. 1 4 New 597 o Philadelphia -, 22,105,000 23,100,000 2,273,985 4,694,200 31 Pittsburgh 24 71 18 Delaware Maryland loin nibia ( 1 li . Washington City 1,29 Eastern States Georgia - Florida Alabama 05 Mississippi 26 ? 418 6 26 116 Arkansas Kentucky y Louisville 65 1,104 Southern States 317 Ohio 10 8 181 7 Indianapolis 332 Illinois 12 83 Chicago Michigan 5 Detroit..... Wisconsin 108 Minnesota Minneapolis St Paul 213 6 6 6 267 Iowa 3 4 3 Cedar Rapids Des Moines... Dubuque..... 82 Missouri ...... 6 Kansas City... 3 Joseph St 7 St Louis Middle "West. States.. 1,676 91 North Dakota 71 South Dakota 146 Nebraska Lincoln 4 Omaha 7 4 Wyoming 29 19 Colorado 62 6 New 23 Mexico Oklahoma 96 127 Indian Territory 850 Western States Washington Oregon 37 39 Portland 68 10 Los Angeles San Francisco 9 27 13 4 4 13 Idaho Utah Nevada...... Arizona Alaska Hawaii United States 19,, os, 9-1,9,11 1,188,000 095,000 1,017,000 732,660 2,617,565 2,107,000 2.036,72.- 38,437,459 10,745,591 4,190,000 3,143,396 781.000 4,724,935 1,923,000 9,683,042 12,675,000 3,047,538 1,115,500 2,558,610 1,022,500 1,983,5 1 2,302,083 1,140,000 3,903,u02 163,000 260,000 118,000 1,336,483 1,350,090 200,000 10,716,000 78,983,387 570,337 345,399 1,914,835 175,000 6yo,ooo 1,825,702 550,000 172,500 7i(O,500 247,750 1,155,676 1,120,000 282,150 400,801 975,891 11,276,540 223,700 5,000 13,310,992 86,000 1 3 635,000 SO, (Mill 1,502,787 13,1 9 99,7-5,100 67,957,881 30 .7 5 40 465,187 2,157,480 7,1 .'3,74., 8,47 7,280. 9 1 -.511,438 50,879,568 91, ,,00 3/1,877 05 ,23o 284,702 30,000 s5,575 79,831 1,141,118 . l,54o,53i 1.0)4,429 10,792,91, 381,281 61,625 24^,500 758,510 189,97a 1,406,669 21,654,400 14,596,897 13,209,956 31,379,306 3,891,833 17,313,644 44,149,030 3,110,603 3,539,088 10,377,770 6,441,197 31,474,932 30,700,390 0,430,340 12,358,715 12,020,270 217,000,048 205,000 267,622 268.000 72,928 S9o,640 868,070 23,000 92,000 436,312 121,912 32 1,340 1,083,355 163,559 248,564 50,820 5,lls,727 1,730,301 1,504,057 690,963 331,u32 1,447,297 1,020,097 4,422,526 1,149,888 658,462 625,620 693,188 820,815 406,000 242,572 900,897 1,263,981 38,000 685,218 243,003 928,221 122,458,815 44,250,375 45,770,906 12,350,3357,010,193 18,382,108 117,346,206 204,620,493 49,120,180 17,987,869 46,783,395 27,711,560 41,932,o73 24,981,752 18,014,998 64,997,435 3,737,054 5,840,652 1,979,615 18,437,361 39,635,301 6,848,013 98,540,761 1,088,749,447 2,01.,,. 3,475,834 14,637,421 5,753,o06 16,855,082 15,086,123 5,006,942 9,714,122 13,985.748 209,790,500 0l2,s57 2,532,243 1,203,550 3.203,101 9,954,918 2,045,848 1,419,767 1,721,290 1,130,465 1,540,939 1,081,740 1,778,876 1,778,662 162,145 240,4s7 180,629 583,032 877,752 425,525 2,204,020 41,699,376 - 388,909 3 7.512 6 1 3<" 1,211 .,..706 53,200 300,197 122,851 2-. ,,377 74,' (20 106,372 2oo,si 390,070 23,378 34,298 104,783 51,020 191.891 160,102 66,895 169,90b 179,084 2,057,704 07. ',994 4,90" 453.937 358,198 10,009 63,000 26,097 14,421 179.590 461,856 41,902 135,036 139,066 2,162.969 164,240 4,254/246 3,1 8u,127 2,52.<, "08 1,134.009 2,157.575 1,110,770 3,204,241 17,915,578, 1,354,824 1,282,255 1,177,917 2,301,047 766,7/9 521,760 716,251 1,633,309 32,820 392,020 48,200 497,666 965,800 338,086 7,171,335 64,719,681 60,522 260,844 139,85"17 7,359 1,781,542 194.069 348,42 8 296,317. 9,162,746 303,275 71,667 23,610 158,728 1-4,722 40,700 148,188 31,271 91,240 2.884 133,013 1,189,298 15,626 10,125 25,751 8,000 8,002 20,6o6 20,000 10,000 10,080 , 387,587 109,066 449,926 105,801 900,723 489,507| 80 ' 1,602,502 1,139,799 52,986 19,199 59,300 11,873 36,670 1,176 1,098,093 22 58,- ' 393,819 308,276 802,766 222,125 143,711 41,107 10,408 47,3"1 128,277 29,405 108,0'jO 2,070 1,051,570 104,215 5.000 169,215 759,041 254,920 271,508 2,001,197 42,987 214,411 15,0 -.243. 82; 78,366 189,471 103,891 5,593,376 5,357,167 24.578.101 120,854 69,093 1 ,4,891 60,558 195,8.13 145,315 207,620 35,800 6,900 81,350 70,770 1,011,130 40,210 4, 18o 131,510 loo 53,9oO 1 4,070,512 183,0;,6 14,2,)9 L49.650 2,053,160 88, (05 1,113.250 1,391,030' 145,934 189,010 423,160 22,221 45.732 201.SSII 214,29y I., 550 -o 20( 44:: 530,373 1,005,190 10,120,160 4oo,63o 34,268 310,378 171,020 452,805 30,300 121,817 522.7"! 103,448 33,258 20,000 144,140 6,622 867,248 3,2al,686 3-0,429 47 3,600 640,450 322.222 19,71 704,229 104,401 172,468 76,1 ,0 783,010 3-4,147 340,257 51,927 314,411 176,505 303,336 : . 23. .,122 150,73. 147,687 j 51 l,o 9. 86,901 , - 835,263 90,12s 64,508 92,105 132,237 98,2 69 95,03374,792 4,523,053 7,7- 4 ;--! 1,201,8:,', 7 s. 24 1,076,767 4SO.K48 5 335,262 101,825 88,170 123,8,0 122,050 3, 1 00 225,000 3003-70 45,000 99,500 318,490 23,100 456,060 439,000 50.220 2,042,092 214,35' 3 15,710 227,161 10,070,117 929,944 30,571 960,515 2,059 , 102,219 35 ,,., io 95,900 9,777,670 43,800,620 325,807 401,737 832,550 80,060 909,775 1,277,572 342,420 145,503 965,937 228,104 1,161,279 21,81' 1,453,736 31 ._ 3, ,3, 3>i,430 2,741,694 895,815 2,51 9,020 2,423,040 4,184,975 7,091,303 393,707 255,040 l,03S,O27 19,854,767 88,605,922 5,349.593 3,302,253 4,815,501 1,239,232 2,858,481 122,550 143,6i7,610 ;,079 1,404 320,997 882,120 2,433,140 1,164,050 461, 3s0 918,980 1,686,800 l,3u3,840 19,212,510 417,890 101,990 611,520 840,000 301,500 718,000 354,150 46o,59o 170,650 115,000 16,000 144,100 1,517,310 2,22 1,00s 24,901, 183 219,362 '.in 3,949,855 7 90,007 27,120,930 8.123.302 7,333,193 09 i7. 345,883 791,230 1,075,540 415,000 14,000 730,210 147,940 242,810 252,000 461,440 5,7 33,950 207,915 211,385 174,320 217,3,2 791,237 842,7 98 737,374 8,818,733 6,2i (9,305 .249 ,.00 6o7,119 14,. 50 70 ,372 5.29...802 3,785 18,2 70 197 8,089 105 75,298,344 3,929,537,794 187,135,053 193,003,0901 19,861,017, 79,574,7 il 169,629,979 ! ca *3 OS c TOTALS Fob Reserve $ S Bonds 11 Stocks, etc 15 li i : Silver Lesal tenders.. Other resources Totals | f Capital « Surplus '«g Undivid profits 3 50 14 K [ Totals 1 2 1 10S 4 21 5 63 1 11 287 1,530 28 14 8 *H ~T67 79 1 1 i 1 5. 25 7 3 2 ., 2 :;.,;; 23.., 1 1 1 2 1 4 8 1 1 13 13 1 2 1 3 287 1,530 3.7 25 353 235 3 1 * 10 is 1 3 1 1 3 7 1 , 1 1 1 3 3 1 1 3 2 1 1 •• 1 1 1 1 1 1 1 1 1 1 1 94 12 3. T 3 3 .. 4 2 1 5 3 25 2 42 20 2 39 15 4 38 1 i 1 4 20 8 1 2 1 2 1 7 11 15 30 31 94 39 3 39 15 30 38 12 3 3 86 72, fs * 1 I 1 1 1 1 2 2 2 2 1 2 1 •1 1 1 3 2 1 1 360 32 24 13 1 1 5 1 17 3. 5 4 1 1 1 1 2 1 1 • 1 I 7 V 1 I s - ft s ? *5° < Si 8 99 14 40 s 4 9 1 1 36 4 19 12 6 2 2 7 1 1 1 ^ 2 7 3 1 3 1 1 1 .. i 1 1 39 2 10 2 4 1 3 2 1 9 1 2 .. 1 -* 1 -- < -_" 1 , 1 4 13 170 10 7 9 13 4 5 19 142 16 29 19 18 2 3 2 2 1 2 1 24 13 36u 32 17 35 39 7 1" 3 Jl 6 12 1 2 74 67 40 31 1 -- 1 1 1 T 3 8 4 in :: 1 1 1 1 1 7 I .. 1 1 1 1 19 7, n 11 5 3 1 6 1 t 1 1 2 1 .. 5-1 li 1 1 220 340 66 529 * $ 201 11 304 66 344 330 570 670 150 84 478 1,007 7 268 29 18 70 380 99 33 63 170 30 55 117 25 4,038 3,290 7,32S 327 465 222 92 161 191 109 281 . 792 413 201 445 . 3 i 165 1,547 4 14 2 1,382 4 18 3 3 11 32 25 32 6 1,813 2,04 6 3,859 2 1 4 1 3 , •1 5 15 5 1 80 13 .. 3 1 1 5 5 14 1 I 4 12 10 16 2 2 1 1 .. 1 1 i 1 i 1 .. SO 13 8 38 16 1 187 1 States 2,093 1,837 3,930 16 5 4 2 12 United icr g $ * 8 9 Total Total 7- 4 187 1 1 v. 1 2 13 2 B i •f 4 S; •» 1 2" 10 18 1 4 1 1 , ;; 94 "5 l 1 1 4- 4 1 10 1 ~3 2 3 1 86 76 1 2 1 1 1 ~3 1 1 1 2 R si 1 • 2 S — Si -J Cities < 03 •p. • 1 7 SS CO a, f $ 12 18 205 1- 28 18 21 •> > 3 2 2 5 1 11 4 <> 3 16 2 3 3 1 1 1 1" 13 4 10 61 6 7 1 44 40 8 5 1 2 28 19 8 3 -2 2 2 10 • 550 21 5 133 50 687 12 15 154 104 ip r, 9 2 9 4 22 27 51 1 18 1 41 47 1 ^ O 5 $ * 129 10 "2 12 30 3v C e s s ,0 S * ?71 14 12 176 71 1 1 10 156 ;> 4 35 25 4 62 1-1 3 75 182 IS 15 8 Circulation 84 |2 Due to banks.. 141 Due depositors. a "5 Other liabilities 4 55 X § § % $ , e co 167 g Real estate, <fccc Due from banks b Cleari'g H exch e Nat bank notes Mold r-3 § -O 3 In Millions U ci •< (g s Cities, Etc. 1 **1 a s 3- K. "7 19 " • ..'SO .,9 (2 2.29.1,9 13 1 21 ( 200,290 31 18' 149,1, 4,121,686 36 1,33.. .30 26,904 2, -3,390 6,7i 7,500 3, 2.1,301 4,33 . 22,, 337,130 89,778 95.000 684,092 14,101,244 11,967,298 29,502,655 4,970,100 20,215,656 38,315,904 219,352 17,712 36,32u 167,310 35,000 ., 1.: 3,282,9 108,15. 2,195 342,170 275,210 i 3,200 159,145 39s,920,.,9o 62,000 100,000 74,997 4,819,508 237,1 6,798, ,48 1,661,077 223,843 280,051 920,729 170,962 97,900 212,905 67 1,3] 368,192 136,120 "2 11: 1,4; 780,159 1,73,,/. 1 495 94,154,752 126,023,520 5,8so,7i0 9,867,283 30,924,535 17,940,402 37,091.388 1,012,044 42" 1,46 071. 5A350 43,847,308 24,138,009 16,153,210 11,453,482 23,956,613 2,097,885 12,537,858 20,310,4010,120,022 10,129,044 21,600,782 84,04,,787 9,408,416 5 00 - 4 2 (7,020 8 1,031 1,7, -2,9_ 125,' 3,720,691 120, 193 1,1 • 50 6,6.-3,471 . 73 1,011,010 2,76 9,170 5, l.'o, 100 3 .100 1,635,] 129,70.', ,.; .' 897,427 2,595,24 26 :; .' 079,006 3,7 ! 4, 821, -.05 4,00 1,0 ! I 83 72 1,2 2/,: 2 228,727,161 650,070 139,6/3 442,003 205,220 179,959 132,300,848 34,910,813 30,3,8,520 13,939,172 71,239,092 17,578,683 132,901,253 140,749,604 60,719,11s 15,021,957 56,287,730 28,604,063 40,312,626 17,542,440 18,167,726 61,737,864 1,652,261 3,109,613 1,733,491 20,278,335 30,100,687 5,660,037 65,806,682 1,002,722,621 6,66s 791,567,231 413,436,140 3,783,658,494 1 3.4,20., 35,289,886 10,079,990 10,123,292 29,887,736 25,140,270 31,340,556 7,018,148 4,106,390 6,012,425 1,283,379 4,550,391 211,064 166,009,538 1,434,792 509,188 650,000 2,011,844 1,419,500 6,193,290 343,678 142,000 335,000 43,000 .5,11" ! 150,057,57.: 771,11 2,298,100 583,076 527,624 12 4 80,452,9^9 8,509,229 4,871,041 8,090,430 9,632,190 27,878,378 13,185,413 35.290,823 372,383,409 7,0,4,45:. 535, 000 100. 000 2 Island Possessions... 1,076,201 418, o ' 9.. i;; I 4,075,000 1,384,474 830,000 1,100,000 407,000 705,000 50,000 33,304,900 228 Pacific States 1,05.., $ 440,510 :;, 17,415,787 27,114,770 1,668,524,4-1 . 13,715,3o9 21,047,749 9, i81.807 9.689,457 2,6! ,,0 55,1 5 392,',0., 1 , 225,000 1,154, ,61 1,245,101 1 ;,..l. 2,321,25, 4,030,000 1,885,000 1,050,000 6,162,800 4,800,000 11,040,000 3 California 77. 3,345,000 2,735,080 7,350,500 000,000 3,2 50,000 9,297,500 750,000 500,000 2,895,000 1,085,000 3,673,500 3,000,000 1,341,800 3,705,000 5,381,280 48,915,600 2 Wichita , 41,085,498 23,949,810 13,180,544 9,637,58o 21,626,54 4,178,137 2,-32,718 1,453,200 30,646,900 10,850,000 9,400,000 2,850,000 15,124,750 4,500,000 24,13o,300 24,350,000 8,600,000 4,100,000 8,960,000 4,550,000 9,600,000 4,450,000 4,200,000 15,780,000 300,000 800,000 000,000 4,732,500 2,700,000 550,000 15,000,000 207,280,450 164 Kansas Kansas City 1, '40 103,1 4,48.1.051 2,973,000 5,613,500 750,000 2,712,170 5,892,575 3,020,000 1,830,000 2,000,000 27,054,096 1,560,000 1,600,000 1,460,000 2,595,000 9,934,400 4,945,000 7,875,000 101,660,715 6 1,598 7,09:;.:, 15 91 LI $13 1 . /. 1 2 92 652,130 2,700 503 1,707,782 1,203,000 282,39 ,l,i •! 14.1 1,1. '7,58/ 252,000 150,001 2,92. .,"0( 4,201 4,275,000 28',oo2,s3i 224,230,477 1,622,953,001 23 UO 7 5,0 101, 177,909 l let 166,535,196 ..!.; 18 201, 917,326 4,iHS,97-l Kort Worth 12,86 ' 12,1 22, /89,67 8,203,500 6,543, 600 Dallas 0,4.1 41,4,4.120 2 Texas 59,321 ; 29 New Orleans 187,557,533 0,401,800 49 2 371,o55,066 17,410,087 79,025,001 152, 1 1,808,650 li- 'i Tender 12.437,943 1 2,792,251 7.- Savannah "i 11 47,1 11,2 91 27,995,000 1,374,300 12, 0'.!(i,7nii 84 Virginia West Virginia North Carolina 1,47., 7u 5,0,S,01o 13,397.1. . 42,5 15, 'J 126,730,001 ll.o ,711 •• 37,5i 2,100,000 1 4,210,000 55,306, 1-7 L37 Jersey Pennsj h ania " 1 1,378,001 1,1 -.2,000 1 1 3,25 8,708,151 i 323 "',171 1 14, 167,501 26 ui District of 1,491,56 14,527,701 1 27 11,'.' It Ler/al fjilvt r Stiver $1,11 I 1,664,7 .-'<" 35,5 27,700,001 ts $3 800,37 * $3,0 5,330,000 6,180,000 tnd 1 plO.047,871 84 Gold i Hcates Ox erdi Other Maine New Hampshire gold and Gold Burp 1905. 2!) 3 41 51 1 11 71 41 SO 4,038 3,290 7,328 9 ... .. Aug. . 5 1 THE CHROXICLK 5 19U6.] Juucstmmt and 553 'jKailroacl intelligence. RAILKOAD GROSS EARNINGS. ss earnings of every Steam railroad from whioh regular weekly or monthly returns The following table shows the can be obtained. The first two colamns of figures give the gross earnings for the latest week or month, and the laal supplementary columns the earnings for the period from July I to and including such latest week or month. We statement to show the fiscal year totals of those roads whose fiscal year does not begin with July, but covers somo ol i - The returns period. railways are bro ol tlie street rnings ROADS WeeK lulj r separately on a subsequent page. Caust Qtom Earning* i ROADS Ciirrr-ut II wk July 63,607 Istwkjulj >, O X NO .v Vlcksb'ii IstwkJulj sb 8b & P. 1st wk July Allegheny Valley May 43,000 20.000 20,000 July 32,008 5.880.602 290.186 81,546 2,032.717 16,441 Ala Gt Southern A Ala N 3,1 .1-1 3dWB Aun Arl'or AtchTop A S & i l 182,361 I 15. Mob lack L'exa* Pacl I AtlHiita * 55, I Fe. lone har.. M.iv Bir.. May Atlantic A Ail coast Une... Bait a Ann S I-.. Fait A Ohio Bangor & Aroosi Bellefonte Cent'l Bndm * Baoo K. Bull Koch A ltBuriaio ASnaq... Cal North w'n Canadian North. Canadian Pacini Juno May i une : 5,768.10; June uiue April 4 hwkju'y May In . A ... 191,916 5.634 2,933 248.1S0 101. u- June 1 19.516 IthwkJu'y 126,700 4ihw«Ju'y 1.506.000 210,800 Ceut'l of (;por»(lH o.iwk July 2,113,292 Cent'l of N Jersey >iay July Sdwk 2,67 Chat ran South'n. i Chesap A 37,000 18.000 43,000 20 000 18,000 20,0 10 61,154 102.779 33.532 5,117,467 68,3' 5.835 •274. 176 3,388,31 5 919,381 54.710 1,764,190 22,209.901 1 5,20 1 150.438 5,381,89 67,689,997 156,365 2,159,06 56.94 1 4,653 37,958 2.8 20'.". L8 749,929 B4.332 1.028,880 138,130 1,541.199 395.100 108,300 1,368.000 4,548,000 606,550 174.800 1,924,915 20.6 73.5.: 6 2,965 0.S/4 1,737.716 20,724.370 956.16 11,797,312 613.492 180,945 ioo.Os 330,864 • 107.682 68,171.1 19 3,251,026 619.2 I i 20,5 1.074 152.494 1 65,071,0-0 2,015, 55 66,401 37,291 6 19. 105 B81.737 1,470.969 1 1 l 303.900 4.316,000 513,700 19,795,6-0 7,618 19,297.52 1 11,425.852 524.4 3 Olilo... Juno...... L 846,555 916,328 Chic A- Alton Rv. Jnn". ... 215,482 Chic Qt Western kthwkJu'y 306.099 109, Chic lud A l.'v... 3dwk July 3.900,554 3,531, 135 45,643, 189 II. 164,135 Chlo Mllw A Bt E May June 5,044,816 4.380,558 55,745,2 3 53,334 .'.;>:; Chic A North 989,946 851.691 11.925,996 11,438.287 &0. June Chic St 30.309 92.879 88,618 30.652 Chic Term Tr RK 3dwK July 372,0-5 374.1 12 130,036 131,332 Pac. 3dwk July CinN 22.372,311 June 21,069.953 1,928,578 2,038,743 CI Cin Chi Bt L. JIG. 7'.)-284.574 2,834,425 3,06'.l, 693 Peoria* East's June UhwkJu'y 161.31 -J 116,650 551,583 483,380 South Colorado A 210.303 216,872 18.485 14.266 Col Newb & Laa. May 562,729 466.453 53,079 1,979 Copper Range.... Mav May 6,612 68,422 89,803 21.083 Cornwall 256,099 222,827 21,121 33.359 Cornwall ALeb.. May Denv.&RioGr... nhwkju'y 473.800 418,500 1,469,400 1,237,900 990,552 981.313 86.960 86,305 Det <fc Mackinac. June. ... 29,336 1.335,309 1,392,947 38.520 DeQoit Tol. A Ir. 4tuwkMay 172,911 56.381 159,065 00.06-: DulSobh AAtl.. 3dwk July iMay 4.135.103 3,869.030 41.396.86J 41,108,528 Erie 'June 36,381 36,019 2,035 3.027 F'rchlld&N'r'e'n 81.257 76,736 8.206 9.298 Fanny & Powhat May iMay 647,850 50,691 611,438 55.325 Gl. Fon JohnstA 205,075 152,506 2,312,340 2,321,575 FtW ADenvCitj May [June. 191.681 158.627 2,481,205 2,418,282 Georgia RR 144.5U 134, 148 1.714,70- 1,693.541 Ga South A Fla.. •June Gr Trunk System Hawk July 633,860 671.816 2,081,658 2,066,339 2i,9.550 256.762 83,022 77,480 GrTr. West'n Jdwk July 96,44^ 95,601 30,931 33.019 DetGrUAM.. i3dwk July Great Northern.. June....... 3,560,9^5 2.933,517 41,608.431 38,643,428 Montana Cent'l June ...... 191 227 186,826 2,385,603 2.318,769 3,75'2,'l60 3,120,343 43,994.034 40.962.197 Total system. June 122,043 39,149 34.207 101,052 GutfAShipIsland 3dwk July June Hocking Valley.. 527.67 431,85- 6,013,213 5,725,481 Illinois Central.. June 1,110,69414,024,226 49,508,649 46,831.136 254.066 Illinois Southern j une 26,132 25,161 278,919 'June 1,793,65' 1,615,814 Ind 111 A Iowa 455,300 406,060 169,100 150.060 Int A GtNorth'n thwkJu'y 315.953 113,020 105,837 332,506 Jlnteroo(Mex)... 3dwk July AthwkJu'y 05,9-0 193,386 Iowa Central 21 3,03 58,900 Kanawha A Mid 'June 150,875 139,39. 1,764.17 1,657,665 Kan City South'n 'June 530,340 404,874 6,627,752 6,450.320 4,923,617 5.096.211 LakeEne&Westn [June May Lehigh Val RR. 2,781,731 2,514,006 28,238.375 27,086,112 Lexing A East'n June 469.46 s 44.315 43.317 603.970 Ir-C Long Island ... June Inc. 13.750 650,051 704,672 Louisiana A Ark. June. 844.535 79,001 60.795 Louis v A Nash v. :idwk Jul) 757.850 k 078.835 2.225.660 1.95-.1-0 132.428 Macon & Binn... June 8,929 132,075 8.753 376,289 Mania A No Kas ,a -v 39,959 396,188 35,59 ; June .Manistlque 76,289 14.112 8,11 39.04 5 306, 7: '5 Maryl'd A Penn.. June 26.0-sS 23,376 323,569 {Mexican Cent'l.. May 2,433,651 2.336,071 23,851,888 23.898,531 {Mexican litem. June 525,322 572,45c 6,572,071 6,932,-77 V*n {Mexican Ry J'ly 15 234,700 247,300 114.000 104,400 {MexicaiiSouth'L 2dwk Jul) 40,960 46,791 17,223 21,973 leu a So'w'n.. March.... 7,402 5,819 Mineral Range.. 3rtwk Jul) 35, 1011 12,452 4T.274 16,024 Mlnneap A Btl •it.IWi lu'> 246,815 291,236 81.265 98,194 Bt P <t S St M. 3 nvlt July 415,086 501,299 169,852 140,069 Mo Kan & 'lexa- 3dwK Juiy :;7o,757 307.-75 1,009.151 888,379 Mo Pac A Iron .M> 4 uwkJu'y 1,180.000 1,235,00 3,360.000 3,22;;.""!' Centra! Brand IthwK.i u') 123. ooo 164.000 61,000 54,000 Total tthwkj ay 1,241,000 1.289,000 3,52 1,000 3,340,000 PM OAT W St fcChlO 37,000 18.000 18,000 , 1 ' 1 M Mobile K C WkJuly Dlv Ohio .v A Nash Cb 3dwk . Nat Oal-Oregon Nevada Central. N V 04 Mud Km S V out A Weal N ^ >il.-ci A: \\ >.i wU 21. Ol 3,6 16 Jane 7,053,861 1 Hay cs 669.634 245.663 •lay 2,168,8 933,702 523.5H, 11167 759 •lay d't'iiu— EastPAl Mine Inc. 7 West P A E... June 237.091 Pere Marquette. 2d wk Mar 1,265,917 PhilaBalt&W'sh luuo I'lii'.a & Erie 732,709 May 2,241.342 Pittsb CO A St 1. iune (i Raleieh & 4,809 3,550,477 3,642,048 7.192,525 Feai April Reading Railway May viay Coal A IrCo Total Both Cos May Kich l-Vksb A P Rio Grande Jet.. Kio Grande So... . Rocklsl'd Sys.. ttutland RR AGrI St Jos St L A San Fran g St L Southwest .. Seaboard Air L.. & AN W July 3,498,374 June Juue 126;559 May 3,022, LS. .. May 1,221,59 AW Un Pac System AGGREGATES OK June . ... Missouri Pacific Central Branch TotaL '.National RR of Mexico New York Central 4th e West of P&E & Phila Baltimore Wash Philadelphia & Erie Pills Cin Chic St Louis Kio Grande Junction i-xas <fe 3d week May 4th week May reek June 2<i week June 3d week Jun«. 4th week June 1-t 1 >9,903 i- 12 ru 7. 6>. 7, -in 7.164.329 7,177,961 10 351,080 01.591 i i 1 1 16 n> KlSJ i'j (4 1 roads). 1 12,098. 198 f 7,601.132 7,936.328 roads) 7,91 1.463 13 ro *t-<k July 2d week July 3d week July 7.591.421 7.375,91 1 1 i 12,4 16 1,872 . Jan. Mar. Dec. Jan. Jan. Ian. Jan. Jan. Jan. Jan. Jan. Mar. Jan. Tan. Jan. Jan. Dec. Jan. Jan. & Pad tic *l MONTHLY SUM MARIES I I I i I to to to 1(1 to to to to to TO to to to to to to to to to to to to to to 379,556 604,537 2,082,164 3,312.635 4.311,158 345,082 153.698 5.921,096 162,270 7.868,335 423,324 154.807 6.085,119 173.484 8,670.24 Previous Current Year Period Jan. Jan. Jan. &E i May May May Int. $32 ),185 $944,116 $876,622 342,837 500,030 29,455 29,430 10.231.023 9,999,821 1,306,904 1,523,677 3,273,677 2,311,497 3,537,900 3.586,080 2,277.854 2,325,228 186,174 197.537 35.962 41.595 100,062 111,090 3,2 12.481 3,561,604 3.367,500 3,350,600 050,976 664,918 22,447,616 J2,778,911 926,250 929,973 June June June July July June May June June June July July July July July July 23,377,589 23,705.161 6,749,792 6,520,351 39,189,563 36.472,803 1,996,094 1,^78.494 62,384,676 56,695,676 Inc. 3.2 81,200 7,069,911 6,572,711 2,893.289 2,756.297 12.538,925 11.618,100 _i,2,610 260,034 6.434.600 6.19'. 1.832.352 1.775..; June June June June June to May to to June to July- til June Year May . outlily. Current YearJ'reviousy'ar Inc. or Dec. 9 10,152,570 7.396,318 42 Inc. or Dec. 9 week Apr. f40ro reek May reek May Current Year PrevioUSTwr i: 0. 564,347 Ian. Northern Central Pennay., East of P - 1 4.364,458 Jan. Jan. Jan. Jan. Jan. Jan. ; I 3.549.53ft VARIOUS FISCAL YEARS ;Mexican Railway M cxican Southern 21.212 : 312.86!^ 1 V. June....... ; < • 1 . I 93.481 13, 160 247.418 399.511 7,501 iads). 7, -61. 015 7.1'. 8,248,621 7,454 iri.> " 7.171.19.. 10.612,241 7,06 road-j. 8-21 !70 11,044 310.1 19 7- i.o ;:• July 19(11 (125 rds.) 132,212, 621 139,712,59:' Aug. 1904 (122 rdH.) 15,292, 193 1,558. 17:. Sept 1904 (12 nl.-.i 15l.4 75.o-Jl 17.33 Oct. 19(11 (12 rds.) 159,732,959 154,758,62^ Nov. l'.KII (1-1 rdn. 154,304.1 17 10,909,4 ' Dec. 1904 (123 rds. L 46.748,102 136,8 Jan. 1905 il 16 rds.) L27.073.053 19,220,07 Feb. (1 17 rds.) 113.71 I. 117.25 Mar. IU05 il 18 rd.-. 14:!, 622. -5 7 130 B79.54< Mouth Apr. I -t Month Month Month Month Month Month Month Month Month 7 1 10 65 owns i 2S.111 i:;o. ir. 406,62 124,19 11.922 518,445 10.90* 564,771 12.531 . i eai 354.151 594,899 Peoria A Eastern International & Gt North'n Interooeanic of Mexico Lake Erie & Western Manistee & North Eastern.. Manistique Maryland & Pennsylvania.. Mexican International .. .. i 417.624 140. 56 May May Atlantic A; Birmingham Belief onte Central Ul C. C. A St. Louis Currenl 417,308 676,495 2,00l,0r0 14,908 Allegheny Valley Atlanta & Charl Air Line / 330,098 43,117 47,131 686,937 Wm'sport&N.Br. Hay & Miss. lo i3,498 419,341 865,4 19 lo.i 13,055 10.200.022 215.537 639,4 7 620.88 1 '221,1-1 194,015 19.964 35.1.5 29,268 1.751 1.37 31,289.969 78,682,222 6,416.725 6,(110,110 570.19 2 10, 671 2. -5.707 2.398,279 1,975,911 14.089.258 J2.MiO.991 89 1,90 10,405,:' - 10,1 18,648 1,07 1,651 51,704.056 17,488,933 1- 2,765 Itfl 18,405 522.226 5,580,120 5,310.991 9,777,559 123834194 19166794 /«<. 3.91 2,100 75.50O 216,491 8,959,681 7,^20,042 1 1,100.74.) 13.598.549 1,206, 052,481 7,100,!'.;5 6,929,481 2.020,949 25,029.370 24,337,136 41.073 4,336 42,328 2,950,970 34,001,157 31,900,074 32,225.017 33,363,715 3,347,691 6,304 661 67,367.872 64,125.091 1,-7.55" 1,426.419 1,364,309 023,7;. 539,293 46,346 29.205 26.985 9,4 10 3.025,225 40.289,096 11,575,374 2,491.686 2,414.451 .'_".»9,031 1,314.220 95.201 2,042.320 35.319,4 -o 32.e74.767 670.181 641,981 2 13.803 1,056,860 12,439,403 11,720,213 103,305 l,380,32 r 1,290,045 3,876,218 95,515,170 J2.933.228 861.442 2,667,88: 2,512,160 24.468 9.00Z 41,037 759.240 802,391 273. 888 343,679 51,196 66,460 708,862 W Jersey A Sea'e June. Wheel A LE IthwkJu'y Yazoo 1 149,9S:» 159,270 lo.ooi 346.031 3,766,649 3,598,683 66,401 67,012 23,949 307.822 260,771 104,011 82,940 54,241t 663,038 657,957 58,577 5,219,759 4.617,363 59,324.947 55,279,230 Wabash IthwkJu'y West n Maryland May Wisconsin Cent.. Wrightsv A T'n.. > 317.6S9 22,759 Vandalia RR.— Bt. Louis Div. January... Terre H. A Peo January... Virginia & So Wn June KAKMNGS-Weckly and <;R<>ns 179,930 4thwkJu'y Tol Ohio Cent June Tol West .... 3dwk July Tol St L 4thwkJu'y Tor Ham A; Bull June PA 200,710 54,457 10,236 106,747,855,289 3dwk Jul) 920,858 16,053 3dwk July 4thwkJu'y 289,470 9,000 June . . TexS V May May 3dwk May June June Southern Ind So Pacitlo Co b... Southern Railw'y Texas Centra! Texas A Pacific. I LLKLY SUMMARIES 1- 1,451,073 16.981 May West.. Went Jersey & Seashore \\ 1.290 lane June Coast Co Pacific 1 830,610 217,842 ,Iul\ Norfolk A West'i June Northern Centra June Ni.rlh'n Paoltlo. luuo OhioRivA 1 I 10.34s 14,619 15 July (une si I,.. KB of Mex ;.Sa('l Previous Veaf Currgnt Year ,;., or Vonth I'.ir I II 1 i 1 i 1 f 1,136, 1 : i ' 97- 5-35 020 0-51 2-81 3-21 64 9-51 4 62 7-2U »80 6-58 .ul i I i > 1 .,1 l i 190.5 . 1 I Month May 1905 (118 Mouth Juue 1905 58 ( 127.23 129,712.73! I 1,1' 61,46 5 1,i:;9,im»5 5 rds.) 136,59 rds.) rds.) I 11-09 1-3,177, Inolades I Mexican '/ currency, 6 Includes the Ilous. A Ter. Cent, an I its I ibaid, UOM in both ye^n. e Uovers tines directly operated. the Chicago A Eastern Illinois In both years. k Atlanta Kuoxvllle A Nortnern Inoluded In both years since April 1; It had previously oeen Included In 1905 since Jan. 1. THE CHRONICLE. 554 Latest Gross Earnings by Weeks. [Vol. Lixii — For the third week and shows 10.65 the aggregate over the same week last Gross t am' os Current Year. $ of July our final statement covers 41 roads, per cent increase in Roads. System—Con. & Oliio.a-.June So. Ry. year. Mobile July 3d week of July. 1905. 1904. $ Previously reported (30 rds) Ala Great Southern. Cin New Orleans & Tex Pac Gulf & Ship Island Mobile Jack & Kan City Texas Central Total (41 roads) 7,986,893 03,007 130,030 39,149 a; 13, 083 10,053 7,216,122 55,443 131,332 34,207 X8.416 9,002 8,248,021 7,454,582 Net increase (10.65 p. c.).. Increase. $ 773,576 8,164 Decrease. 3,005 1,296 4,882 4,667 7,051 798,340 794,039 4,301 x Week ending July 23. — Net Earnings Monthly to Latest Dates. The table following shows the gross and net earnings of STEAM railroads reported this week. A full detailed statement, including all roads from which monthly returns can be obtained, is given once a month in these columns, and the latest statement of The this kind will be found in the issue of July 22 1905. next will appear in the issue of Aug. 19 1905. -Net EarningsCurrent Previous Year. Year. $ $ $ 5,117,467 xl, 692,810 xl, 509, 515 68,171,199x22,858,453x25,949,167 607,405 1,764,190 719,728 20,544,974 8,033,134 7,717,881 156,365 55,988 69,682 2,015,355 782,358 756,414 -Gross Earn'gsPrevious Current Year. Year. Roads. $ Atch Top & Santa FebJune 5,880,602 July 1 to June 30... 08,375,835 Atlantic Coast Line a. June 2,032,717 July 1 to June 30. -.22, 202,901 Bangor & Aroost'k.b.June 191,916 July 1 to June 30. . 2,159,069 Bos Rev Bch & Lynn .6 April 1 to June 30 .. 109,120 Jan 1 to June 30 278,053 July 1 to June 30 030,201 Buff Roch & Pitts, b. June 730,034 July 1 to June 30. 8,101,076 Canadian Northern. .June 388,900 July 1 to June 30... 3,871,800 Canadian Pacific. a. .June 4,430,026 July 1 to June 30.. .50,481,880 Ches & Ohio..b June 1,846,555 July 1 to June 30.. -20,724,370 Chic & Alton .a. June 916,328 July 1 to June 30. ..11, 797, 3 12 June 1,928,578 C C C & St L..b Jan 1 to June 30. ..10, 231, 023 Peoria & Eastern. b. June 216,798 Jan 1 to June 30. .. 1,306,904 Detroit & Mack.a..-June 86,365 July 1 to June 30... 990,552 Dul So Sh & Atl.b..June 255,036 July 1 to June 30... 2,706,935 Gulf & Ship Island. a.June 160,500 •July 1 to June 30.. _ 1,877,397 Illinois Central.a June 4,110,094 July 1 to June 30.. .49, 508, 649 Kan City South. a... June 536,340 July 1 to June 30... 6,627,752 Lexington & East. b_ June 44,315 July 1 to June 30... 469,468 Long Island, b June Inc. Jan 1 to June 30 Inc. Louisiana & Ark. a.. June 79,001 July 1 to June 30... 844,535 ^Mexican Internat June 525,322 Jan 1 to June 30... 3,242,481 Mineral Range, b June 56,257 July 1 to June 30... 683,298 M St P & S S M.b-.June 790,849 July 1 to June 30... 8,716,622 Nash Chat & St L.b .June 830,610 July 1 to June 30... 10, 113,055 t)Nat RR of Mexico. .June 1,010,715 Jan 1 to June 30.. . 6,110,345 Nevada Cent. & June 3,640 July 1 to June 30... 35,058 N.Y.Chic. & St. Louis.— Apr 1 to June 30... 2,147,518 Jan 1 to June 30... 4,342,909 July 1 to June 30... 8,651,045 Norfolk & Western. b. June 2,168,842 July 1 to June 30. .-24, 089,258 Northern Central. b. .June 933,702 Jan 1 to June 30.. . 4,996,094 155,527 18,992 12,095 10,315 255,933 6,893 589,742 60,055 64,518 088,830 298,325 309,367 7,529,957 3,102,265 3,121,149 297,600 89,300 134,700 3,124.800 1,260,900 1,006,800 4,410,865 1,502,933 1,449,911 46,409,132 15,475.089 14,213,105 1,737,716 713,096 607,339 19,297,524 7,473,404 6,514,334 956,168 275,039 265,028 11,425,852 3,849,649 3,561,254 2,038,743 525,709 565,071 9,999,821 2,234,320 2,226,916 284,574 50,013 08,419 1,523,077 271,682 353,245 80,900 20,710 21,887 981,313 284,979 307,778 228,275 63,325 74,705 2,524,611 854,230 775,156 146,378 50,812 34,795 1.829,814 480.154 600,579 4,024,226 1,132,275 1,224,474 46,831,136 14,396,943 12,095,454 464,874 100,105 86,090 6,450,320 1,580,462 1,750,887 43,317 13.848 19,749 603,970 151,997 171,512 Dec. 13,750 76,999 420,094 Inc. 243,896 60,795 33,870 23,242 704,672 328,118 214,400 572,458 189,356 235,193 3,561,604 1,230,868 1,506.338 55,194 9,339 11,760 589,799 160,842 75,201 651,829 376,323 317,308 6,993,499 4,214,015 3,246,719 865,419 108,700 236,937 10,206,022 2,560,405 2,624,992 936,472 341,851 303,720 5,899.467 1,988,029 1,878,553 1.829 1,751 def.618 29,268 13 ,905 3,713 2,256,198 4,337,237 8,599,598 1,975,912 22,800,991 892,902 4,878,494 376,085 790,571 1,759,104 886,334 9,474,824 194,315 651,584 510,551 925,810 1,832,197 823,601 9,127,662 290,715 940,384 Pennsylvania Lines directly operatedEast of P & E.g.Junell.467,759 9,777,559 3,656,799 3,702,799 Jan 1 to June 30- g. 62,384,676 56,695,676 16,073,157 14,818,657 West of P & E-.June Inc. Dec. 775,500 94,100 Jan 1 to June 30 Inc. 3,281,200 Inc. 507,100 Phila Bait & Wash. b. June 1,265,917 1,200,417 313,035 377,435 Jan 1 to June 30. .. 7,069.911 6,572,711 1,524,760 1,472,960 Pocahontas Collieries. June 20,840 Jan 1 to June 30 111,100 Rio Gr Southern, b. .June 28,930 37,942 1,327 14,686 July 1 to June 30 466,383 401 ,506 206,933 192,010 126,559 St Jo & Gr Island. b. .June 95,201 29,088 23.045 July 1 to June 30 1,299,031 1,314,220 304,034 237,576 699,458 St Louis So West. b. .June 557,898 193,227 93,473 July 1 to June 30 8,860,230 7,649,485 2,040,859 2,227,889 Southern Pacific.a... June 7,855,289 6,876,218 2,035,657 1,520,295 July 1 tc June 30.. 95,515,170 92,933,228 29,547,595 27,400;883 B Southern Ry System Southern Ry. a. -June 3,829,072 3,487,550 890,293 802,373 July 1 to June 30.. .48,145,105 45,147,479 13,062,593111,997,183 het Earnings Current Previous Year. Year. $ $ if/US Year. $ 699,262 627,206 195,350 139.004 June 30. . 8.267,601 7,739,706 2,016,716 2,339,795 CinNO&Tcx Pac.a June 621,706 573,886 137,099 135,527 July 1 to June 30... 7,358,619 6,768,744 1,717,772 1,597,421 Ala Gt Southern. 260,886 43,404 271,938 40,769 July 1 to June 30 001,326 624,925 3,308,300 3,099,446 Ga So & Fla.a 144,512 134,148 June 39,925 22,914 July 1 to June 30... 1,714,702 1,693,541 402,317 415,077 Union Pacific. a June 5,219,759 4,017,368 2,315,356 1,860,368 July 1 to June 30. ..59,324,947 55,279,230 27,462,233 24,781,789 Western Maryland. a. May 354,1.01 312,869 1/120,728 2/123,024 July 1 to May 31... 3,549,538 3,312,685 2/1,292,760 1/1,203,613 West Jersey & Sea. b. June 417,624 406,624 114,655 117,855 Jan 1 to June 30 1,832,352 1,775,352 310,032 248,032 Yazoo & Miss Val.a.June 564,347 564,771 26,501 69,778 July 1 to June 30... 8,670,245 7,868,335 1.917,982 1,772,717 1 to a Net earnings here given are after deducting taxes, b Net earnings here given are before deducting taxes, v These figures are in Mexican currency, and are convertible into gold at the current rate of exchange, g These figures include results on the Buffalo sion in both years. & Allegheny Valley Divi- x For June 1905 taxes and rentals amounted to $189,374 against $134,777, after deducting which net for June 1905 was $1,503,436, against $1,434,738. From July 1 to June 30 1905 net after deducting taxes and rentals is $20,638,206 this year, against $23,646,567 last year. y For May additional income and net profits from coal, etc., were $25,738 this year, against $40,954 last year; and from July 1 to May 31 $606,317 this year, against $604,143 last year — Interest Charges and Surplus. The following roads, in addition to their gross and net earnings given in the foregoing, also report charges for interest, &c, with the surplus above or deficit below these charges. — Roads. Bangor & Aroostook June July 1 to June 30... Boston Rev Beach & L. Apr. 1 to June 30 Jan. 1 to June 30 July 1 to June 30. .. CCC&St L June June 30 Peoria & Eastern.. June Jan 1 to June 30 DuluthSoSh&Atl.. .June July 1 to June 30.-. Gulf & Ship Island. .June July 1 to June 30... Louisana & Ark -June July 1 to June 30... Mineral Range -June July 1 to June 30-.NashChatt & St L.. .June July 1 to June 30... N. Y. Chic & St, L.— Apr. 1 to June 30... Jan. 1 to June 30. .. July 1 to June 30. .. Norfolk & Western. .June July 1 to June 30 Pocahontas Collieries. June Jan 1 to June 30 Rio Gr & South I.June 1 to June 30 July June St Jos & Gr Isl July 1 to June 30.. Jan 1 to . Int., Rentals, Current Year. $ 46.060 558,833 14,927 29,735 60,196 332,084 1,975,357 44,003 208,401 80.091 1,070,431 26,486 306,925 13,241 141,351 10.090 114,002 151,326 1,800,610 286,325 597,458 1.269.434 334,207 3,760,599 dl4,587 d93,772 15,033 213,095 21.350 255,886 etc. — Previous Year. $ 46,431 560,070 Bal. of — Net E'ngs Previous Current Year. $ 23,022 223,525 Year. $ "" 9,557 196,344 X7.425 xl,576 15,668 31,568 xdefl5, 195 xdefl4,035 63,269X18.242 X17.860 298,205 X221.804 X349.052 X313.048 X474.116 1,903,013 X26.047 42,376 5,410 X4.706 X89.332 265,358 95,032 xdfl5,562 xdfl9,343 1,070,089 xdf206,552 xdf283,449 21,400 X24.479 X14.376 X179.449 243,982 X368.398 12,397 X21.287 X13.497 124,614 X206.816 X113.971 9,982 xdef545 xl.877 X54.775 xdef38,186 114,375 83,514 153,423 17,374 1,809,163 759,795 815,829 308,485 632,669 1.313.216 291,995 3,300,799 18,375 216,614 20,327 234,473 99,169 212,232 515.342 552,127 5,714,225 6,253 17,328 xdef595 X14.008 7,738 48,148 210,405 315,805 567,810 531,606 5,826,863 xdf3 ,687 xdfl8.226 2,718 3,103 x After allowing for other income received. d Charges include sinking fund and preferred dividend. STREET RAILWAYS AND TRACTION COMPANIES. Latest Gross Earnings. • • • • Gross Earnings. • Albany & Hudson. American R'ys Co. Aur Elgin & Chi Ry Binghamton Ry Week or Month Current Year. $ June June June June . Boston & Worcest'r April Burlingt'n(Vt)Tr. June Cal Gas & Electric. May June Cent Penn Trac June &MilElec & Oak Parkrf. June Cin Day & Tol Tr. June Chi Chi Cin Northern Trac. June Citizens' Clev&SWTrCo.. June Clev Painsv & E.- June Detroit United Ry. 3d wk July Duluth Street Ry. 3d wk June East Ohio Traction May Elgin Ft to 1 latest date. 29,218 139,565 57,116 26,226 32,788 8,250 447,632 54,131 53,218 00,192 43,094 44,428 Previous Year. Current Year. Previous Year. $ $ $ 124,235 26,618 136,544 126,934 al,471,991 a 1,406, 965 181,320 237,915 44,118 24,665 123,503 113,603 26,523 7,950 37,229 35,320 329,077 2,160,535 1,531,272 246,372 48,823 264,937 211,972 163,251 40.838 406,312 384,651 61,830 Ry &L'ht (Mucatine.Iowa) June East St. Jan. • L& Sub.. June Aur & Sou.. June 10,527 48,558 23,941 108,109 14,418 20,097 108,240 40,333 7,868 44,132 22,304 94,585 13,475 19,753 116,108 39,944 85,499 V39.440 2/32,340 28,502 £10,993 43,030 84,614 19,031 30,178 16,440 35,137 72,614 17,556 58,124 237,375 99,416 2,647,148 349,189 77,852 638.567 214,217 47,435 204,753 94,760 2,355,237 334,402 70,496 594,216 213,838 426,156 117, 160 2/956,864 Wavne&Wab'sh Valley Tract ft.. Havana ElecRy Co June Wk July 30 77,117 Honolulu Rapid Tr May Co HoughtonCo St Ry May HoustonElecSt Ry May May Illinois Trac Co Indianap&East RyMay & Land 2/1, 370,975 • 132,273 41,325 135,337 72,975 439,074 83,156 382,000 75,675 .. .. Aug. —— — —— THE CHRONICLE. 5 1905.) Kant inns. Latest Gross ,kor Month. Earning*. II , Current I'ri ear. 1 1 pious fir. IndJanao 4 Martmsv Rapid ["rac April Indianap i Northwestern Traction June Intermit True Co System (Buffalo) April Jac&sonv Elec Co. Mav Kan City RyA Lt. June 9,984 417.0".)! 67,969 50.S70 . 1 "09.047 15. OHO 1 1,958,954 271,00-' 7,911 37,718 2,067 147,025 15,875 18,260 37,435 2.009 129,475 77,904 99,085 107,619 12,306 817.921 68,645 88,368 142,494 11,680 708,158 14,150 12,747 61,137 50,505 05,083 01,129 343,177 314,700 40,781 32,533 257,003 188,500 25,406 50,509 10,239 82,131 208,008 132,171 80,741 34,953 51,749 24,885 103,220 20,206 239,870 July 95,730 1747,104 555,513 20,132 43,471 24,502 45,481 222,286 204,134 June May Toledo & Western. May Toronto Railway.. July Twin City Rap Tr. 3d wk Un'dRvsofSt L._ June United of San Fran June Wash Alex AM t V. June Youngst' n-Sharon June i 134,259 2,256,615 326,629 397.085 268,938 741,751 497,782 28,866 4S.S03 39,014 May TolBowlGrA So Tr June Toledo Rys & Light June 1,276,51 51,468 425.47S 802,580 808,005 507,423 35,850 51,118 43.574 L 58 .320 264 ,058 1 ,029 200 232,610 •I 13.94o 85.163 57,849 104, CIS 124,425 10,934 12.102 9.5S0 April June 13,607 SO. 504 47,213 94,204 113,897 7.S70 11.620 17,701 19,950 70,598 197,848 108,343 72,084 32,573 40,037 23,545 148,635 18,254 211,755 86,677 927,732 518,995 18,145 37,342 l ,531 ,816 19,108 445,651 987,920 946,696 454,005 163,921 231,329 402,590 931,115 902,507 414,291 144,557 212,201 895,791 83,730 1,487,412 2,466,139 4,037,187 3,386,493 • 121,709 257,424 825,850 78,325 1.333,227 2,315,969 4,204,110 3,200,930 119,474 224,208 — Street Railway Net Earnings. The following table gives the returns of STREET railway gross and net earnings received this week. Roads. 9 9 Net Earnings Current Year. Previous Year. 9 S 34,025 55,097 28,687 45,575 Binghamton Ry b 1 Jan 1 Dunkirk & April 1 Jan 1 to June 30.. to June 30.. 68,296 122,087 Fredonia bJune 30.. June 30.. 10,923 18,866 to to Elmira Water Lt & RR.6 Apr 1 to June 30... Jan 1 to June 30... July 1 to June 30.. . Indianap Jan July Ft &N 1 1 W Tr..June to June 30 to June 30... Wayne A Wabash City 1 July 1 N Y to to 2,589 3,308 (Railroad Department only). 48,507 47,588 13.890 89,198 88,872 24.034 192,921 194,043 62.105 31,933 158,023 357,402 2,035 1,944 15,619 26,105 49,217 14,658 48.964 138,470 85,499 426,156 77.117 370,975 417,091 June 30... 2,256,616 June 30... 4,866,223 Ry & Jan 9,218 10,858 Lt.a.June 32,257 158,054 24.656 117,613 348,029 104.212 1,958,954 4,226,386 SSS.tiSO 134,283 697,548 1,621,934 2,036,384 221,097 350,371 73 195,232 314.X03 652,443 Oranee Co Trac June Jan 1 to June 30... July 1 to June 30... 12,102 51,118 119,729 ,620 4.030 48,803 113,630 12,001 1 1 1 84,400 112,451 290,515 35,387 99,674 120,049 284,388 3,043 7,339 27.110 Oswetro Traction b 12,242 20,717 49,572 12,450 20,210 47,007 15.707 13.856 Rap Tr.b..June June 30... 80,741 894,619 72,084 839,072 34,373 379,987 30,275 349.246 Fngland b— to June 30... to June 30... to June 30... 8,402 11,836 31,631 7.583 11,041 20,570 3.S.VI 3.199 4,163 10,799 7,110 1 Jan 1 July Syracuse July • Troy 1 1 A New April 1 Jan 1 July 1 to $ 21,570 20, 500 June 30 42.50.'. 39,731 0,147 8,170 1.250 2,963 12,029 25,874 51,046 12,861 25,129 Jan 1 to or. i ) — Nel E'nqs. Previous Year. 113,287 X13.0I1 19,146 .(7,174 A Fredonia Apr to June 30... Jan 1 to June 30 Elmira Water Lt <t Apr to June 30 Jan 1 to June 30 July 1 to June 30 Xl.4 11 .(5,02 ,T 1 5,472 11,305 RR— i 13,132 rl,712 X2.432 xl,312 x69 49,664 xl 1,872 j-34,563 X14.40-, 201,574 48.954 98,068 190,808 3,395 6,735 13,511 20,307 244,044 3,447 0,848 13,707 20,242 243,458 2,200 3,683 6,949 2,200 3,683 6,870 N Y & Queens Co.— Apr 1 1 1 to to to June 30 June 30. .. June 30 51,007 101, 70S Oswego Traction Co. Apr 1 to June. 30 June 30 June 30 July 1 June SyracuseRap Tr July 1 to June 30 Troy A New EnglandApr 1 to June 30 Jan 1 to June 30 July 1 to June 30 Jan 1 to to X53.120 X82.263 X9B.896 X98.983 750 590 1 def2,883 X2.267 14,000 135,943 10,033 105 787 df 1 ,85 xl99 1,059 999 480 def327 3,850 246 x After allowing for other income received. ANNUAL REPORTS. — Annual Reports. The following is an index to all annual steam railroads, street railways and miscellaneous companies which have been published since the last editions of the Railway and Industrial and Street Railway reports of Sections. Railroads. Etc.— Page. 505 QUI American Glue ulumer & Hecla Mining Cent. Leather (statement to N. Y. Stock Exchange) Creamery Package Mfg. (balance sheetNov.80) < Guffey Petrol (bal. »h. Jan. Gulf Kenning (bal. sh. Jan. 1) 1) 506 508 606 1) Pooe. (bal. sheet Deo. 3i) oceanic Steamship 506 606 Page Woven Wire Fence 505 United States Telephone. Ohio. ... 606 Uni'ed States Steel Corp. (quarter and half-year) ...50(5 (bal. Lyons Beet Sugar Kenning sheet Mar. 604 Railroads, Etc.— Nlles-Bement-Pond 594 Street Railways— W. India Elec. Co., Klngston.Jam. 605 Southern Railway Company. ( Report for the Fiscal Year Ending June 30 1905. J In advance of the pamphlet report, the figures for 1904-05 have been given out by the company as below: OPERATIONS. 190405. 7,199 1903-04. 190203. Miles of road oper.. aver... 7,164 7.129 No. of tons carried (excluding company 'a f reight) ... 20,973,564 20.733,019 19,197,484 No of tons carried 1 mile (excluding oo.'s freight). 3,365,362,765 3,218,263,980 2,954,717,921 Aver, receipts per ton per mile (rev. freight only)... 0*944 ots. 0-951 ots. 0933 ots. Frt. train earn, per train m. $1-83 $1-77 $1-79 Aver number tons in each train (tno. oo.'s freight) . . 22939 224*87 21805 194-30 189*80 188-14 Aver, number tons in each train (ezo. oo.'s freight).. INCOME ACCOUNT. 190304. 190405. Gross earnings from opera'n..$i8,i4".,l08 Operating expenses & taxes.. 35,082,514 1902 0?. $45,109,777 $12,354,060 33,115,467 30,989,140 Net earnings from operation. .$13,062,594 $11,994,310 $11,364,920 Income from other sources... 1,612,840 1,395,181 1,211,261 Total Income $14,675,434 and rentals ) Q ,„, gn , Other deauotlons from Inc.. ] »to*s,vvi $13,389,491 $8,962,329 256,763 $12,576,181 $8,446,041 287,664 Total deductions 89,523,801 Balance over Axed charges... $5,151,6*2 Dlvs. on pref. StOOlr (5 p. o.).. 3,000,00) $9,209,091 $1,180,400 3.000,000 $8,783,704 $3,842,477 3,000,000 Surplus over pref. dlvs $2,151,632 'pedal appropriations for Im- $1,180,400 $812,477 1,056, *i49 773,806 135,000 $1,035,033 $406,594 $707,177 Interest ( •; \ provements and betterm'ts not to be oapltallzad & loss. x For reductions of grades and curvature, elimination of grate new stations and other buildings, new bridges for use of heavy motive power, repiaolng others not requiring renewal, and mlsoeilaueous small Improvements not producing revenue. crus-tDgs, Thy increased exppnsps include: Increase in m ilntenance way, $736,024, or 12*86 p. c; increase in uuiatenaoce of quipment, $193,210, or 2 6*1 p. o; Increase in conducting transportation, $34-1,872, or 4*86 p. c; Jnornase in general ex- of to June 30... to June 30... to June 30... April — nr. i ) $ Bal. to credit of profit Queens Co b to June 30... Jan 1 to June 30 July 1 to June 30... A- April or. i>i Current Val- ley Traction Co.June Jan 1 to June 30 Kan • 02,979 112,271 —Bal. — This index does not include reports in to-day's Chronicle. silver. Gross Earn'gs Current Previous Year. Year. etc. Binghamton Ry to June 30 Apr Jan July a Figures here are from July 1. d These are results for main line. h These are the combined earnings of all the constituent companies. k Decrease due to a strike and boycott, x Decrease due to the fact that the Louisiana Purchase Exposition was open last year, y Spanish April i i , 195,511 1,170.1s? >.>> 18,867 15,730 176,045 279,048 55.163 .'is, Julv July Road*. 23,184 59,256 t ,215.158 June June Rvs Co Gen-Roads June June Lidit Co's Rochester Railway June Rockford Beloit & June Janesville St Joseph (Mo) Rv Lt Heat&PowCo June San Fran Oakl'd & June San Jose Ry Sao Paulo (Brazil) Tram L & P Co. Wk July 16 Savannah Elec Co. Mav Schuvlkill Rv Co. June Scranton Railwav. June RTRy.. 32,759 68,249 1,287,400 1,542,457 256,822 1,285,875 45.908 11,886 29,579 15,185 14.454 13,097 ;;> iV- Syracuse $ 178,229 67,881 June Tampa Electric Co May TerreHteT&LCo Mav $ Rentals, Pr< int.. Current ear. ) 204,093 72,800 159,843 April South Side Elev. 312,708 25.009 348,029 59.590 29.433 Nor Ohio Tr&Lt Co June Co May ear. — nous 158,023 330.27'.) LondonSt Ry(Can) May Met West Side Elev July MilElecRyA l.t Co June Mil l.t 11 .V It Co. June Montreal Street R\ June Mtnu'ii' Hartford 4 Seattle Electric 6,676 31.933 Lehigh V Trac Co Street Rv Dep. _ Mav Elec Light Dep. Mav June Lexington K\ Lima KlKv.V l.t Co Northern Tex Trac Northwestern Kiev Oakland Tt Cons. Clean SI Railway. Orange Co Trac Peeks Ltg&RR Co Pittsburgh M'Keesport Greensb'g Pottsv Union Trac i'ri Interest Charges and Surplus. . l>unkirk Elec Ry.. June Wayne Current 1 doit latest 1 • Ft to 1 ) $ S LakeSh Jan. 556 4 , 1 r. 1 4.037 4,881 a Net earnings here given are after deducting taxes, b Net earnings here given are before deducting taxes. perts, $179,493, or 12 73 p c— V. 8 1, p. 508, 156. Kungan City Railway & Light Company. ( Report for Fiscal Year hiding M»y SI 1905. J President B rnard;Oorrlgan under date of June 20 1905 says: General Rkbolts.— The gross earnings aggregate $4,440,1 14, hd Increase over last year of 11*70 p. o., while the increase In the operating expet,s-. was under 7 p. o resulting In net earnlugn from operation and other Income of $2,230,462, or an increase of 21 p. e. over . THE CHRONICLE. 556 From the net earnings from operation in deducted Interest and taxes amounting to $1,501,863, leaving a Barillas for the year of $728,600, or an increase over tne surplus of last year of about 35 p. o. This gratifying showing Is due to the growth of tlm city and its suburbs, and to the improved servioe given the public by the street railway and electrlo light oonupanles. [ The oapltal stock of these subsidiary oompanles is now all owned by the K. O. Ry. <v L'ght Co. Ed ] The prosperity of your properties is largely dependent upon the growth of this city and its suburbs, the population of whloh, based upon a very conservative estimate, shows an increase of from 30,000 to 40,000 during the past year, and all indications point to a continuance of this extraordinary growth. This is further illustrated in ths number of building permits ltsued; during the twelvemonths ending with M»y 1904 these amounted to 4,299 in Kansas City, Mo., and Kansas City, Kan., while duiing the twelve months ending May 1905 5,297 were issued, or an increase of 23 p. o. over the preoedlng year. last year. General Manager Charles N, Black says In substance: Improvements.— During the past fiscal year all the requirements of ! Vol. lxxxi. Pittsburgh Coal Company. {Report for Half-Year Ending June SO 1905. J President Francis L. Robbing, under date of Aug. issued a circular sayiDg in substance: 1, has Dividends.— Our business suffered considerably during the earlier months of this year on account of unprecedented competition in the bituminous trade, in whioh your oftioers had to meet very low prices made by competitors locally and in »dj fining tl-ids. These low prioes resulted in decreased earnings, so tha>. your directors felt constrained to defer payment of dividend on the preferred stook for the seoond quarter of the year. It was hoped that reoovery was near at hand, and that the earnings for the full half-year would meet the dividend requirements fur that period. These expectations were not real'zed, and, while an improvement in the situation is notloeabie, the progress toward better prioes and more satisfactory earnings has been slower than was anticipated. In the history of the oompany the earnings for the necond half of the year have always considerably exceeded those for the first half, and there Is no reason to expect that this year will be an exception. It Is recognlzsd that an lnoreased working oapltal Is deeirable, and your directors deemed lt therefore advisable not to draw upon the accumulation of previous years for dividends, but rather to devote the surplus earnings to working capital. Payment of Bunds —On July 20, out of the sinking fund there were purchased for (retirement 271 first mortgage bonds, which, together with 636 bonds so purchased on Jan. 20, make a total of 907 the franchises granted in the fall of 1902, pertaining to the reconstruction of cable Udss and various extensions, have been oom piled with, with the exception of the construction of the James Street line, running from James acd.Central streets, Kansas City, Kan , to the Btock raids. For this line the vladaot crossing the yards of the Missouri Pacific and the Union Pacific railroads will be completed by Deo. 1st. The lino to 8 wope Park, S 1^ miles, was opened in May. The new central power station at Seoond St. atd Grand Ave. has been operating in a most satisfactory manner, and contracts have first mortgage bonds now retired. Contract.—On April 20 a contraot was male with the Unitel been let for 5,000 K. W. additional machinery in the form of a steam turbine, which will be in operation by Deo 1st of this year, thus afford- States Steel Corporation and its subsidiary companies covering a pering ample power to meet the anticipated demands of the oomlng win- iod of 25 years, during whioh time they agree not to open any new mines and to discontinue the shipments from ooklng plants of coal to ter, both in the street railway and lighting departments. The plans be used for steam and gas purposes. This oontraot is one of great for a oar barn and car storage yard, to be located at Forty-eighth St. and Troost Ave., have been completed, and contracts for the work will mutual benefit; the Steel Corporation being assured of a supply of be let at an early date. This will enable us to abandon three of the coal of such quality and by such delivery as is required for its varied present car barns, and at the same time materially reduoe our fire Interests, ana, as the cost of mining depends largely upon the volume and regularity of operation of the mines, in securing such a large tonrisks. The sub-station located at the southeast corner of 15th and Walnut streets has been oompieted, and now has its full equipment of nage we reduce the oost of our entire output By reason of the fact maohinery. At Twelfth and Cleveland a new fireproof building, 113 that the Steel Corporation is this year taking a considerable quantity of its requirements of Pittsburgh ooal from our competitors under ft. long by 52 feet 6 in. wide, has been oompieted as a sub-station for both railway and lighting purposes, and its equipment is in partial contracts which had been made at the time our oontraot was dosed, operation. During the past fiscal year the com; any has Installed ap- we have not as yet entered upon the full benefits to be derived from proximately 64,404 duct feet of conduit, into whioh there has been the large and steady tonnage which this oontraot assures. The terms drawn approximately 51.270 feet of iead-oovered three-conductor of this oontraot are satisfactory to your offloers, and lt was authorized cable for transmitting the alternating current from the Missouri River by unanimous vote of your board of direotors. power house to the various sub-s cations. Tonnage and Earnings fob Half Yeab Ending June 30. Brieges and Viaducts.— At the foot ofjJames St. a most substantial combined railway and traffic bridge has been completed at an eleva- (Pittsburgh Coal Co. and all its subsidiary oompanles excepting Motion considerably above the high-water mark of June 1903. nongahela River Consolidated Coal & Coke :o.) Last fall the company entered into a oontraot with the Kansas Clty1905. 1904. 1905. 1904. Leavenworth RR. Co. to bring their oars from the oity limits at 18th Qen .Results— (6mos.) Prod'nin Ions— (6 mot.) (6 wu>«.) (6 mos ) St. and Central Ave., Kansas City. Kan., into the business center of Net earns... $1,136,334 $1,6K0,327 Pittsb'gh Dh*t.6.o7f>,946 4,9 16,524 Kai/sas City, Mo. In order to carry the heavy interurban cars of the Int.onlstM. Hooking Dint. 556.479 537,724 009,100 Not Kansas City-Leaven wot th RR. over the elevated structure, it was Sur.fordivs 527,234 reported. Coke 168,236 86,174 necessary to practically rebuild this structure, the Leavenworth ComDetailed Statement for Half-Tear Ending June 30, 1905. pany agreeing to bear one half the expense. This work was completed last January, and we now have what is equivalent to a new Profits incident to mining and marketing operations after deduction of a 1 expenses „ $1,475,733 structure, over which it is possible to operate the heaviest type of in£es«— Royalty allowance for depletion $276,«.60 teruroan oars. Addition to renewal fund 63,339 339,399 Cabs.— Last December the company purchased 40 of the cars used on the Intramural Railroad in St. Louis. In addition we purchased Net earnings $1,136,334 six 14-benoh open oars. $S09,100 Track.— During the past fiscal year the company has laid 148,854 Less—Inteiest on drst mortgage bonds.. Pref. stock dividend No. 21 514,915 (l^p. c.).„. $1,124,015 feet of single track, divided as follows: New girder rail work, 36,367 ft.; new T-rail work, 54,081 ft.; cable track replaoed by new girder rail, Undivlded earns, for first half of year 1905 $12,319 43,135 ft.; old Trail replaoed by new Trail. 15,271 ft. Cable Lines. -The Twelfth Street line is the only remaining oable Quick Assets June 30 1905. line which the company is now operating. The city has commenced (Pittsburgh Coal Co. and all its subsidiary companies, excepting Moproceedings with a view to condemning land on Twelfth St., providnongahela River Consolidated Coal & Coke Co.) ing for a tunnel and viaduct reaching from Broadway to the West Bot- Cash Current working balanoes $1,277,770 toms. When this land has been acquired it is expected that the com- Cash— In sinking fund for first mortgage bonds 562,725— $1,830,495 pany will be able to enter into a mutually advantageous arrangement Aooounts acd bills receivable 7,983,899 with the city for the construction of the proposedtunrel and vladuot, Mdse. at cost (principally ooal on North Western dooks).. 4,052,449 which, when oompieted, will enable the substitution of electrioity for cable power, thus eliminating the last oable road in the oity. $13,866,843 ' Below are the Less— Bond interest payable July 1 Accounts and bills payable two years: RESULTS FOB THE TEAB ENDBD MAT 31. results of operations for ^Street Rv. Cos.^ r-Elec. Lt. Cos.-, 1901-05. laOK-04. * 1904-95. 1903-04. * v e Totals. 1904-1)5. 1903-01. « . © Gross earnings Operating expenses 3,90K,?57 8,397,430 512,377 4S0,fi22 2,020,378 1,«30.0C8 214,882 2K),lf4 4,449,131 3,8:8,357 »,235,261 z,(.90,171 Net earnings Other income 1,866,379 1,617,428 16,589 5,689 2,213,874 1,?£8,186 16.V9 5,e89 Net quick assets ^ See V. 81, p. 512, 269. $609,100 9,998,050 10,607,150 $3,259,692 . Warren Brothers Co. (Bitnlithic Paying), Boston, Mass. {Balance Sheet of Dec. 31 1904J This company, Incorporated in West Virginia in February 1900, paid on August 1 1905 a dividend of 1 p. c. on its Gross income 1.BC2.968 1,523,117 327,495 270,768 2.230,4f3 1,793.875 common stock to holders of record July 25. This makes 3 Deduct— Taxes 318,010 278,685 23,700 21,8 341,700 310.535 On Dec. 31 1904 p. c, paid on the common shares this year. Interest 1,091,211 884,450 68.9S1 08,037 1,160,1^3 952,487 the capitalization was: common stock, $2,000,000, all issued; 1,409,2111,163,135 B2.651 89,887 1.601.868 1.963.0*2 preferred stock, 6 p, c. cumulative, authorized, $600,000, Neticcome 493.767 369,9?2 234,844 180,871 728,600 540,853 issued |530,800; 5 p. c. 20-year debenture bonds of 1902, $500Divs. paid by Kansas City Ry. & Lt. Co. onpref. Stock (5sO47M05(lWllB,5'4 000 authorized, outstanding $406,000. Par value of single Bond redemption 55,000 shares of stock $50. Surplus over dividends and bond redemptions 197.497 422,289 Early this year the unissued bonds and preferred stock STATISTICAL STATEMENT FOB FODB YEAB8. were issued for cash at par. In the month of May the stockholders authoriz9d an increase of $500,000 of preferred Street Ry. Companies— 1904-05. 1903 04. lfiOJ-03. 1901-02. Gross earnings $3,906,757 $3,397,436 $3,187,701 $2,«10.631 stock to be used in retiring bonds on tbe basis of the par Net earnings 1,886,379 1,517,428 l.!<75.34t 1.229,811 P. c. operating expenses to gross.... 6V7i% value of each. Since this meeting there have been delivered 56-85% 57-/4* 5b- H% Revenue passengers 77,223,357 66,99P,H33 62,881,081 57,148,083 and canceled $464,000 of bonds, and $164,000 of preferred Transfer passergers 32,494,088 29,242.368 X7. 1-42,47 6 27.112.016 earnings Gross per car mile stcck has been issued in its stead. The outstanding capitali20'8ec. 2t)-77c. 18 6CC. 18-21C. Net earnings per car mile 8-05 c. 10'07c. 9-28C. 769c. zation has accordingly been changed as follows: Miles of road 110-85 91-35 87-94 327,496 270,768 Miles of track 217*79 Ehctric Light Companies— Gross earnings $'42,377 Net 6b rnlngs 327,49b Operating expenses per cent 39 62$ Connected load— Equiv. 16-c. p. incandescent lamps.. 266,145 - 9396 180-90 .192-77 $3f0.707 204,253 47-72% 1316.418 157,410 50-20% 19P.565 149,991 K0.128 BALANCE SHEET KANSAS CITT BAILWAT & LIGHT 1905. 1904. t Assets— $ Stks,gold notes,&c.28,8l4,684 27,013,692 CO. MAT 1905. t Liabilities— Preferred stock (=97,977 Common Cent.El.Hy.Co.adv K.C.El.Lt.Co.adv. 11,376 183,474 93,217 232,642 1,850 ?1,050 18.243 183,461 1st lien bonas 7,325,000 Coll. 3-year notes. 3,000,000 Bills and accounts 283,200 977.920 820.200 1,000,120 ree'le.... xTreasury stock— .x payable stock 31. .. $ .12,5(0,000 12,600,0^0 7,125,010 Dividend 784,292 119.-26 Surplus 2rJ6,660 1,764,844 118,564 69,186 Held for acct.Met.Ry.— 2,695,000 2,696,000 1,836,50J 1,886,500 Total *- fSg-5* x The capital 864,400.- V. 79, ..86,444,928 34,077,598 stock in reserve p 2697. is: Total 86,441,925 84,077,593 Preferred, $2,978 200, and common, outstanding capitalization. Dec. 31, '04. p. c. bonds Pref. etook 6 p. o. cumulative Debenture 5 Common stock Total 1904. 12.E00. 000 12,6m >,000 Met.8tRy.Co.adv. 1,816,916 Accounts 17 2-83 $480,921 270,758 43-6«% $2. May 1. '05 Aug. J, '05. $36,000 $406,000 f 30,800 $500,000 600,000 2,000,000 2,000.000 1,055,450 2,000,000 $2,936,800 $3,100,000 $3,091,450 The company, we learn, now has under contraot approximately 1,100,000 square yards of paving, and additional conIt is expected that about tracts are comirg in rapidly. 2,(00,OCO square yards will be contracted for this year. The "Boston News Bureau" of March 28 had the following: Within the past five years there has been quietly organized in Boston the Warren Brothers Co., paving contractors, and a business of very large proportions has been built up. The nuoleus of the organization is seven brothers, sons of the late Herbert M. Warren of Newton, Mass., all of whom have been engaged, as their father and unoles were before them, In the business of refining bituminous materials from coal tar and asphalt and the laying of asphalt pavements. From its first organization the company has regularly paid Interest on its toads and l 1* p. o. quarterly dividends on its preferred stock, : Aug. J : . TIIK 5 1905.| CHRONICLE and a substantial sarplns has been accumulated and a dividend of I p c on the common stock paid slnoe Jan. 1 of this year. At th" meet com >auy deolared a dividend lrjg of the directors on the 22d Inst, the of'm p S ou Its preferred stock and an addlMonal dividend of 1 p. c. on Its ooinnun stock, dividends being payable April 1 to stockholders March 29. ....... The con piny has met with unprecedented snooess with Its bitnllthlo pavement, which combines the good qualities of asphalt and macadam roadway and eliminates their faults, especially the ellpperi ne?s of the (.inner and the unoleanllness of the latter, and lack of durability of both. The bltullthlo pavement Is a combination of varying slz-d p%rttoles of hard stone mlxoi In a heated ooudltlon with of record specially prepared waterproofing bituminous cements, In suoh proportions that the resulting oonorete. when compressed on the street, has the density of solid rook and a surfaoe, affording a good foothold. Tne following balance sheet has been filed oould obtain, viz., 450 thereby adding $15,0 "0 edness. The company's Investment In the not good, and $12, 6"(>8 h.is been oUrtr^.'d oil' tion. The other Investments, viz.. Pitcher Its $37,701 1 .' Common stock. Total 187.989 274,201 $3,891,907 Warrerj; Vice-Presidents, Albert C. Warren arjd George C, Warren; Secretary, R>»lph L Warren; Treasurer, Albert C. Warren. Office, No. 93 FederV. 77, p. 2103. al St., Boston, Mass shares at $72 50 (market value) $1 953,257 Go. Transportation IstM bonds 15,000 15/00 . ' tors." The estate of tbe late William Sellers, according to the inventory fi'ed last spring, incluied 2,467 shares ($246,700) of the Midvale Steel Co., whica was valued at $1,233,500. The following balance sheet was filed in Massachusetts BALANCE SHEET FEB. 27 1905. : Liabilities 244,2' procens 1,264,14!) Cash and debts recelv.. 1,051,555 — Capital stock A tween oost and present market value 22,029 31.80) 5.199 Total 499,057 $2,242,285 counts payable and losa, surplus 2,746,032 Profit Total S3,937,C0 3 Total $3,937,002 President, Cbarle9 J. Harrah Vice-President, James F. Sullivan Treasurer. John C. Dessalet. and Secretary. Hsnry vi. Deemer Directors Char'es J. Harrah, James F. Sullivan. John Sailers Jr., Charles B. Dunn and Axel A. Petre. Compare V. 79, p. 631. ; President Lyman Stewart, under date of Jan. 31 1905, said: Dividends.—The cash dividends paid to date amount to $1,515,074. The rate of dividend paid for some time past has been 2.7 c per annum (equal to 22ifl cents per share monthly) on the par valne of the outstanding stook. A resolution of the board of dlreotors has authorized the payment of fifty cents per share (6 p. o. per annum), on the twentieth of each month, commencing with February 1905. The board does not anticipate that the payment of this dividend will absorb more than one third of the company's net earnings. The surplus will be used for extension of plant. Our total capital stook, which for the last ha'f of 1901 was $5,853,800, will be, after the contract Is completed with the Union Stook <te Bond Co ,$6,479,500. Holdings of Oil Territory.— Frank A. Garbutt, manager of Field and Land Department, reports: " Some two years ago. the permanency of the oil business having been established beyond all doubt.it became advisable that oil rights should be held in fee instead of under lease. With this end in view, the company has purchased some 35,000 acres of land formerly held by It under lease, and its present holdings aggregate about as follows: mining claims, 7,000 acres; leasehold interests, 13,000 acres; land and oil rights owned In fee and under contracts to purchase, 150,000 acres; total holdings, 170,000 sir* Of this amount 75,000 acres have been acquired during the term covered p. by this report. " Santa Barbara County was selected, after some preliminary drilling as the point of centralization for drilling operations. In the brief time covered by this report there has been 50,000 feet of drilling accomplished. Fourteen weUs have b?en actually completed, of an average depth of 2,650 feet, and as most of the wells are flowing the oost of production has been reduoed to a minimum. The wells are good producers, and for staying qualities are second to none in the State. All of one Santa Barbara County property can be considered, as prospective oil property and valuable for oil purposes. In addition the company has extensive and productive holdings in Bakersfield, CoaUnga. and in Ventura and Orange coufltles " Pipe Line Extensions.— Pipe lines from the Santa Maria and Lornpoo oil dlstriots have been laid to Oroutt, a new station on the Paoifio Coast Railway, where your company has ereoted large storage tanks, pump station, repair shops, warehouses, eto. A pipe line 32 miles long has been laid from this point to Port Harford, where suitable terminal facilities have been provided. Union iransportation Co. Bonds.— The company's (liating debt becoming somewhat of an incubus, its Treasurer, J. S Torrance, negotiated In November last the sale of a sufficient amount of these bonds with an equal amount (in value) of tieasury stock, to pay off this floating indebtedness and to complete the pipe ltne extensions, etc, above referred to. The oompany, however, still holds quite a number of these bonds, and we do not hesitate to reoummend them to onr friends as being a good and safe Investment. These bonds rnn twenty years from Feb. 1 1903, interest 5 p. o., pavab e semi-annually, with a sinking fund of 5 p. o. per annum after live years They are non-taxable and their payment is guaranteed bv the Union OU Go. The total issue to date is $1,688,000. The properties under them are oarried on the company's books at an appraised valuation of $5,504,195. Under the terms of the supplemental trmt deed no more bonds can be issued except to the extent of 45 p. o of the oost of tbe proper1 , wbloh may be plaoed under them. Although developments on have only ralrly bezun, the capacity of its wells Is already more than sufficient to pay the interest on the entire amount of the outstannlng bonds. [The Mission de La Purlsima property here referred to is In Banta Barbara County and it is understood oo uprises about 13.500 aores. B*e Un. Transp. Co., V. 78. p. 1121, 705.— El.] ties $750,000 440,920 In ; : United Petroleam Co., Los Angeles, Cal. f Report Dated Ftb. 10 1905. President Lyman Stewart says: The stock of the Union Oil Co. of California being the prlnolpal asset of the company, Its clrcnlar letter of J*n. 31 1905 Is furnished herewith. [See ealrt ietier below.— Ed.] The United Petroleum Co. was Incorporated J.n. 2> 14,596 Oil Go. shares and Union Transportation bonds, being difference be- .$2,242,285 Total on Union {Report for Fiscal Year Ending Dec. SI 190 4 J H Stock Profit $1,500,000 225,753 2,879 Union Oil Company of California. Attention is drawn to this company by the success attending the first cffictal test of "Midvale 6 inch, face-hardened armcr plate, representing group A, consistiog of about 450 Idaho,' under contons of armor for the Mississippi' and tract dated D^c. 15 1903." This armor, the cfficiU report states, " passed a very excellent test under specification requirements at the naval proving ground, Indian Head, Md.," en July 26. The company was last spring the lowest bidder upon the 8 ( 00 toDsof armor for the battleships "North Carolina," ''New Hampshire" and "Montana," its bid being considerably less than the bids of the other companies, but, on the ground that the Midvale plant was not ready to make prompt delivery, it was awarded only 1,000 tonB of the contract. Toe company's contract of 1933 called for 6,C80 tons of armor at tbe rate of |398 for class A, delivery to begin by Aug. 15 1905; the Carnegie and Bethlehem companies bid $420 per ton. Tne contract of last spring was taken at prices ranging from $385 to $398 per ton, the prices of the Carnegie ami B^ihlehem companies being identical, and ranging from $400 to $420. The report made last Feoruary by the board of naval experts stated in part as follows the relative equipment of the three competing plants, much of the machinery for the Midvale being then under construction Xumber of— Bethlehem. Oarnegie. Midvale. Open-hearth steel furnaoes 16 6 Forge furnaces 10 7 8 Bendlrg furnaces 4 10 4 Treatment or cementing furnaces 14 12 16 Armor forge presses 3 1 2 Armor bend ng presses 1 2 1 "Of the six ODen-hearth furnaces of the Midvale Steel Co. one Is building, and of the cementing fnrnaoeo three are finished, six near lng completion and three yet to be built, The one armor forge press Is 9,000 tons; It is to bs used for both bending and forging." Those of the two other companies run as high as 12.000 and 14,000 tons. Tbe " Philadelphia Ledger " savo: " When tbe ideas of the engineers are carried out, the Midvale plant is expected to be able to produce as much armor as either of its competi- Machinery Merchandise payable Aocounts payable Surplus for sinking fund Bills -V. 78, p. 1114. ( Balance Sheet Ftb. £7 1905. $505,2i3 871, H25 i 2CO.00O Callfor. Industrial Co., 1,000 shares (oo-t)... Midvale Steel Co. ' (par) Union Stook <fe Bond Co., 150 shares (oost) J. — Assets— R-al eetate Liabilities— Capital stock Co.. 26,941 Pitcher <fc Garbutt OU Co., 198.909 sh (oost) Treasury stock Gash and on deposit. $3,891,807 Frederick OU Reserve*, eto lose was BALANCE SHEET. Union ana Co. $$16,970. $2 ,000.000 Pref stook 6 p. c. oum. 530.800 Accounts payable 83,321 Debenture 5 p. e. bonds or 1902. due 1922.... 406,000 Floating debt 409,496 Profit Independent OU & : Assets— 286,?52 Machinery 635.49 Cash and debts reoeiv. 169,126 MJrs. and meroh good-will Patentrlshw, 2,120,518 and trademarks Bonds or stock of sub643,718 companies shares (one third of wh'oh to the company's Indebt- as loss on that transacQarbutt (U22.029) and prospectively good for all they are California Industrial Co. ($15,000) \w\ a cost. Our present yearly Income Is Present rate of dividend of 50o. per share per month from Union OU Co., $16l,(>19; 6% Int. on 200 Union Transportation Co. bonds. $10,000; total annual income, $17 1, 649. Less secretary's salary, office rent, etc., $180; Interest for twelve months, $13,25.'; net lnoome (equivalent to 1076 p. o. on par value of Issued shares), $157,917; present rate of dividend (9.G p. o on par value of Issued shares), $110,947; net surplus, to go Into sinking fund, Union Liabilities - President, It for), with the Massa- BALANCE SHEET OF DEC. 81 1904. Total capital stook as has been paid chusetts State authorities Assets— Real estate ">o7 1899, wl'h a capitalization of $1,100,000, divict-ainTo i ,0'jO shares, of which 14,682 have been issued. Its officers are: Lyman Stewart, President; Frederick H. Rludge, VicePresident; J. E Mur-h. Secretary. The $<:oo.ooo Union Transportation Co. bonds were purchased In conrectmn with a ejDdlca'e or nve or six stockholders of "he Union Oil C". that purchased $750,000 of these bonds. There b oi.d- will probably be carried nntli they can be sold at a fair premium. When the Union Stock & Bond Co contracted recently to purchase a larve block of treasury »took of the Union OU Co , also a block of Union Transportation Co. bonds, at price- which Involved a sacrifice of real valaes, tbe board of oireotors of this company nonvli* to protect, In part, the Interest* of the stockholders by aubsorlblnif for as much of this traot Gbneral Conditions— Sufficient areas of productive oil territory have already been defined to supply the needs of this ooast probably f r the next fifty years, thereby praotloally assuring the permanency of the Industry. Of these defined areas this company probaby controls fully one-half, although not in the past producing over one-tenth of the supply. Th poiloy of thlseompany i.i the future will be. as it has been In the past, th it of an Independent producer wl'hout alliances; and In order to oorreot 09rtain current newspaper reports, It may be well to state here that the Standard Oil Go. has no Interest whatever ) Ul ion OU Co. of California, eli >i >r directly or lndlreotly. RESULTS OF OPERATIONS FOR CALENDAR TEAR 1904. $1-13,077 Net earnings six months to June 30 1904 377,762 Net earnings six months to Deo. 31 1904 In the Net earnings twelve months 1904 Total dividends paid twelvemonths 1901 (2.7 p. $i20.« 153.769 '.) o.) Balance surplus for year need for betterment and inorease 367.070 per month for depredation on plant, and also the actual depreciation In market value of stooks of oil on hand. There has also been charged off loss on sales or bonds. These three l'.ems ch*rged Into expense aooonnt for the twelve months of 1904 aggregate $112,875. Compare report for 1908 in V. 78, p. 701, and see United of plant Onr practice Is to charge off 2 p. o. Potrolentn Co. above.— V. 80, p. 655. THE CHRONICLE. 558 & Saco Petee Machine Boston Suburban Electric Companies.— Contract.— See Massachusetts Gas Companies below. V. 80, p. 1423. Shops. — (Balance Sheet April 20 1905. This company is now In effect the parent company of the important cotton machinery merger which was effected last spring. In the first plaoe, the A. T. Atherton Machine Co. of Pawtncket, R. I., was pnrchaaed by the Kitson Machine Co. of Lowell. Mass., on a basis, it is said, of $82 50 per share for the preferred stock. Then the Saco & Petee interests last April bought control of the Lowell Machine 8hop stock, which is held In trust for the Saco & Petee Co. by the City Trust Co. of Boston. Finally, the Lowell Machine Shop Co. last Jane bonght the plant, rights and goodwill of the Kitson Co., inoludinsr the Atherton purchase, for a sum said to have been $300,000. Oq June 8 1905 the Kttf-on Machine Shop was incorporated under the Massachusetts laws to take over t he business of the Kltson Machine Co. ; the capital, $150,000, the same as the old company, beiDg subscribed for as follows: President Robert F. Herrick, $149,800; Treasurer Haven C. Perham, $100; Alfred B. White, $100. BALANCE SHEET APRIL 1908. A S'<ft s 9> Real est., machln'y. 286,256 291, 236 Material & debts recelv. Secur. other cos Cash 572,836 561,800 1964. f 307.347 197,386 847,247 Accounts payable Float lnu debt Bonds "1,000 Total 29. LiabilitiesCommon stock Pref. stock 1,711,829 1,852,981 Proflt and Total 1905. 1904. * 800,000 393,600 800,000 "60 4&S,70n 417,00 103,229 loss 97,i!31 1.711,820 1,352.981 See Lowell Machine Shop below.— V. 80, p. 1366, Lowell (Mass.) Machine Shop. (Balance Sheet March 1905. Assets— Real estate $ $ 342,285 60,000 365.137 Machinery Merchandise, etc.... Cash & debts receiy. 1,000.426 6,nou Patent rights 10,000 Insurance Total 31, 342,286 60.HOO 289.228 970.760 6,0.0 8,000 1,782,847 1,675,263 1904. I 1905. 1904. Liabilities$ Capital stork 900,000 Accounts payable.. 18,115 Floating; debt 450,000 414,733 Proflt and loss Total 900,000 151,889 623.374" 1.782,847 1,678,263 President, Robert F. Herrick; Treasurer, Haven C. Perham, See Saco & Petee Machine Shops above.— V. 80, p. 1178. Globe- Wernicke Co., Cincinnati. (Balance Sheet. The following balance sheet was filed with the Massachusetts State authorities on July 18. The company's annual meeting was held on June 1. Real estate $621,280 Capital stock Machinery 402,575 Accounts payable Gash & debts reoelva'e. 456,508 Fnndeddebt Merchandise 274,103 Surplus Manufacture & mereh. 501,300 Profit and loss Patents, good-will and trademarks 532,190 Investments $2,463,000 64,464 87.000 90,625 218,395 85,548 Total [Vol. lxxxl $2,873,484 Total $2,873,484 of June 1 1903, V. 78, p. 286.— V. Compare balance eheet 80, p. 878. (hiciigo & Alton Ry.— Called Bonds.— Seventeen ($17,0f0) Mississippi River Bridge Co. bonds will be paid Oct. 2 1905 at the office, No. 120 Broadway. V. 81, p 30, — Chicago Bloouiington & Deeatur (Electric) Ry.— Mortgage.— A. temporary mortgage for $500 000, pending construction of the road, has been made as of Jnn^ 31 to 8. H. Ewing and James Tasker of Montreal, as trustees. The company was organized last April by William B. McKlnley and Hpsociates (see Illinois Traction Co. on page 2516 of Street Railway Section), with authority to construct a road, trom a point in or near Chicago, through the cities of Joliet, Morris, Pontiac, Bloomington and Clinton, to the city of Decatur, Construction is In progress. Officers: President, W. B. McKinley; Vlce-Pres., Chas. Z'lly; Sec, T. B. Macauley; Treas,, B. R. Stevens. Chicago City Ry.— Suit to Enjoin City.—The company on July 26 filed a bill in the United States Circuit Court at Chicago asserting the exclusive right under the 99 year Act to operate oars on its 119 routes and asking that the Court enjoin the city from carrying out the repealing ordinance cf March 20 1905, or disturbing cr prosecuting any suit denying the charter and ordinance rights of the complainant until full purchase of all its street- railroad property alter 1958. The object of the suit is to protect the company in its negotiations with the city and also to prevent encroachment by any municipal road such as Mayor Danne has projected, (V. 81, p. 210.) The bill therefore asks the Ccurt to decree That the city has no right to grant another oompany franchise to operate street oars over any of these 119 routes. That the city shall not authorized competing oompany to operate oars on Adams, Washington, Harrison, Desplalnes and Twelfth streets portions of Mayor Dunne's munioipal system. That the construction of a competing line Is an Impairment of the oontrait between the oompany and the State. That the oompany shall not be required to exchange transfers with the Mayor's line. That the city has no authority to subscribe for stock In or private corporation. any railroad The officials of the company say they have offered the city a fair proposition and that they are ready to negotiate with the city for the sale of the property, but that ttoey will not be forced to concede anything by the Mayor's threat to invade its territory with a rival line. Attorneys for the traction companies, it is said, will make an effort to obtain an advancement of the ninety-nine year case on the calendar of the United States Supreme Court, so that a decision may be had at the October term. (Compare V. 78, p. 2333; Vol. 80, p. 1058.)— V. 81, p. 507. Chicago & North Western Bonds.— The — Ry. Payment of Maturing Milwaukee & Madison Ry. Co. first bonds maturing Sept. 1 1905 will be paid on $1,600,000 of mortgage 6 p. c. and after that date at the office of the Treasurer of the Chicago & North Western Ry. Co., 52 Wall St., N. Y.— V. 81, p. 30. Chicago Union Traction Co.— Receivirt? Certificates to —Judge Grosscup has authorized the issue of receivers' certificates, maturing Feb. 1 1906. to refund the $100,000 first mortgage bonds of the Chicago Passenger Railway Co. which matured Aug. 1 1903. Suit.— Bee Chicago City Ry. above.— V. 81, p. 210. Replace Bonds & Vogel Leather Co., Milwaukee, Wis. (Balance Sheet. J The following balance sheet was filed with the Massachusetts authorities on July 8 1905: Pfister Assets — Liabilities Real estate $1,273,972 Machinery 869,872 Oaeh& debts reoelva'e. 2,643,292 Manufact'esA meroh.. 3,477,959 Accounts payable Float, indebtedness Surplus and recerve Profit Total V. 80, p. 1734. .$8,265,095 — Capital fctock and loss Total $3,915,000 170,442 1,643.003 1,997,529 539,121 $8,265,095 GENERAL INVESTMENT NEWS. RAILROADS. INCLUDING STREET ROADS. British Columbia Electric Railway.— Listed in London.— The London Stock Exchange has listed £90,000 deferred ordinary stock, also £90,000 preferred stock. The shareholders met on April 19 to vote on the following propositions: (1) An agreement for the electrification and working by the company of the railway line from Vanoonver to Steveston. Lulu Island; morease the capital to £1,000,000 by the creation of 150,000 shares of £1 each; (3 > to convert the preference shares and the (2) to new recently issued preferred ordinary and deferred ordinary shares imo stock, and (4) to subdivide the 8.f>00 unissued preference and the 5,000 remaining unisbued shares of $10 each into shares of £ 1 eaoh. The company on May 1 paid the same rate of dividend as in the previous year, namely 6 p. c. per annum, free of income tax, on deferred ordinary stock for half-year to Dec. 31 1904 (interim). In April last the Victoria Gas Co. was reported as purchased for $192,000.— V. 79, p. 150. Buffalo Rochester & Pittsburgh Ry.— Quarterly.— Results months endiDg June 30 for the quarter and the twelve 3 mos to Qross Net June 301905 1904 Year— 1904 earnings. 15 1,»65 1,859,241 $i!. 6. ...$8,134,055 1903-4.... 7.492,523 -V. 80, p. 2219. earnings. Other income. All charges. for divs. $789,197 706,914 $180,287 327,541 $162,815 453,838 $4*6,669 680,617 Balance $3,075,244 $147,022 $1,812,221 $1,410,045 3,083,718 357,434 1,700,276 1,740.876 Cleveland Cincinnati Chicago & St. Louis Rj.— ApplicaThe New York Stock Excbange has been requested to list $1,000,000 additional general mortgage 4 p. c. bonds of 1993, making the total amount $20,749,000.— V. 81, tion to List. — p. 264, 31. Dallas (Tex.) Electric Corporation.— New Stock.—The authorized lssne of preferred stock has been increased from $1,500,000 to $2,000,000. This is the only change in capltali- zition.-V. p 1191. Daluth Virginia & Rainy Lake Ry.— New Control —The Virginia & Rainy Lake Co, was incorporated in Minnesota on April 23 with $2,000,000 authorized oapital stook to take over, it is understood, the control of this company and the allied corporations, the Riiny Lake Co., which owed extensive timber lands located north of the Mesaba Range and tributary to the road; the Virginia Lumber Co. with its large saw mills, and the Minnesota Construction Co. The 76, officers of the new oompany are: H Cook, of President, William O'BrieD, of 8t. Paul; Vioa-Pres.. W. Dnluth; Seoretary, Granville G. Stone, of Waasan; Treasurer, Flower D. Stone, of Wauaau.— V. 74, p. 938. Fox River Electric By., Gtreeu Bay. Wis.— Consolidation. —See Oreen Bay Traction Co. below.— V. 68, p. 129. Green Bay Traction Co — Consoliialim,— This company was incorporated in Wisconsin in May last, wt'h $1,000,000 capital stock, as a consolidation of the Fox Rver Electric Ry. Co. and the Knox Construction Co. interests. See p. 2^28 of the Street Railway Section. The Fox River Railway is a new and distinct enterprise. Gaaynquil* Quito Ry. -Official Circular.— A circular dated July 18 has been sent to <he shareholders, saying in part: On July 8 this railway was completed and opened to publlo trafflo to the city of Rlobamb*. This city has about 40,000 inh*bi rants, la a business oenter of considerable proportions and oommmds tin trade of the extensive Chambo Valley. The oompany now has 151 miles of railway in operation. The construction of the railway from the city of Rlobamba to the oity of Ambato, a further distanoe of 3« miles, is nearlng completion. The rails, bridges and other oonstraotloa mate- : : A vis. ") TPIE CHRONICLE. 1905.] have now arrived at Guayaunll and will within few months be m place atd the r.illwav opened to public tratllo to Atnbato during the month of Ootober or November. The rails, bridges and other construction material necessary for the completion of the remaining 80 miles from Ambato to Quito are now in transit from New York to Guayaquil. Several tbonwaud men are at work grading the section of the railway between Anibnto nnd Quito, and it is expected that the entire line trom Guayaquil to Quito, a dls tanoe of 267 wiles, will be completed and opened for tratllo wltbln the first six or eight months of next year. The grots tratllo receipts from Jan. 1 to Die. 31 1904 were 600,000 snores, or JBSO.uoO. The gross traltlo receipts from July I 190* to June SO 1 905 were 800 000 euores, or £80,000 sterling. We expect a considerable Increase In business on opening the line to the city of Rio bauiba, and npon the completion of the line to Ambato within the next No charge few months we expeot a further large Increase In tr« til Is made for hanllrg from the coast the very large tonnage required for construction but the cost of forwarding all construction material Is charged to operating expenses. The cities of Rtobamba and Ambato may be oonsldered the gateways to the great plateau of Northern South America. This plateau extends from Riobamba about 1,500 miles to the olty of Bogota, the capital of the United States of Colombia. It has a large popilatlon. Is very fer tile, and will now be considerably developed by this railway connecting It with the Paolflo Ocean. The opening of the railway to Ambato will make possible the development of the vast rubber and bardwood forests of the east slope of the Andes Mountains, and a syndicate has been formed to develop this section. On acconnt of the large tonnage of construction material that had to be forwarded, the company has not been able to offer proper facilities to the Increased traffic from the oountry adjacent to the railway, but the Improvements in sections already open to traffio have continued, and sugar, rice, banana, 0000a and rubber plantations of considerable proportions are constantly being put under cultivation, and towns cf from 3,000 to 8,000 are springing up along the line, with a prosperous rial for this section .4 future In sight. Contracts have been placed for additional locomotives and Two locomotives were shipped on July 12 and the managers expect to ship from New York " from two to four new locomotives per month, also additional cars as rapidly as the factories can supply them, until the eqaipment of the railway is complete in every respect." V. 81, p. 507, 155. cars. — Hocking Valley By.— Listed.— The New York Stock Ex change has listed the $2,479,000 Columbus & Toledo extended mortgage 4 p. c. bonds of 1955.— V. 81, p. 507, 211. Hudson Valley (Electric) Ry.— Sale of Bonds Postpoind. —The sale of the $S61,000 bonds held bv the Merchants' Trust (Jo. as collateral for a loan of $746,862, which was to have taken plaoe this week, was postponed, the company havirg obtained a temporary injunction restraining the sale on the ground that under the agreement the securities cannot be eold befoie Mar. 1 1906. Dirtctots.— At the annual meeting on July 18 nine of the old directors were re-eleoted to represent the Colvin and Herbert interests and four directors were chosen at the suggestion of the Merchants' Trust Co., namely: with the Muncle Hartford & Ft. Wayne Traotion Co. It Is contemplated to lease the new line, and whenever consolidation can be made operative to purchase the same. Upon merger of the properties the $500, Of of stock of the B'nffton Ft. Wavne Traction Co. will be exchanged for $250,Fc. Wayne Ry. Co. 030 of stock of the Muncie Hertford Ri(,ht to Subscribe to Pool. —A pool has been formed with $100,000 capital to build the road of the Blnffton Ft. Wayne Traction Co. from Bluffton to Ft. Wayne in return for $500,000 stock and $500,000 bonds of that company, and has re-sold the bonds. Of the oapltal of the pool, one half la to be paid at once and the remainder if and as required, in The stockholders of the connection with construction. Muncie Hartford & Ft,. Wayne have the right to join the pool until Aug. 10, subscribing for 50 p. c. of the same to the extent of $5 for every share of stock owned by tbem respectively, of which $2 50 be paid on present call. At the distribution of pool assets the subscribing stockholder will receive his proportion of the unused oapltal fund and $12 50 Ft. Wayne Ry. Co. if of the stock of the Muncie Hartford merger is consummated as proposed.— V. 81, p. 31. & & & & Nallonal RR. of Tehmantepec— Construction— Steamship Aliiance.—See American-Hawaiian Steamship Co. under "Industrials," below.— V. 79, p. 628. North Pennsylvania RR.— Payment of Maturing Bonds.— The $1,203,010 collateral trust 6 p, c. bonds maturing Sspt, 1 1905 will be paid when due at the office of the trustee, the Guarantee Trust Co. in Philadelphia.— V. 78, p. 821. Ocean Shore Ry. Co., California.— New Stcck.— The shareholders will vote at 561 California St., San Francisco, on Sept. 28 upon a proposition to increase the oapltal stock to $4,000,000. . : improvements, betterments, new equip ent, etc., $365. OCO; (3) for extensions at $10,030 per mile, $439,000 -viz., $325,000 on account of 32 582 miles of the BDnnerville Southwestern RR. and $114,000 on account of 11*4 miles of the Tyronzi & Central RR. ISSUANCE OF $17,810,000 REFUNDING MORTGAGE 4 F. C BONDS. For the retirement of underlying bonds and for refunding purposes $3,286,000 For Improvements, betterments, new equipment, etc 1,997,500 In respect of additional lines, extensions, etc, at not exceeding $22,500 per mile (Including underlying liens) 876,500 For purchasing the securities of subsidiary companies 11,630,000 81, p. 212. Philadelphia Co. of Pittsburgh.— Earnings.— The earnmonths ending June 30, including controlled companies, were 6 mot. — Oross earnings. 1905 1804 $8,116,248 7,928,594 -V. 81, p. 503. Pittsburgh On August Wet earnings. Other income. $3,498,746 3.362,866 $211,042 221,834 All charges. $2,127,214 2,048,358 Balance Jor pre/. $1,682,674 1,538,902 Shawmut & Northern RR.— Receivership.— Justice Kenefick of the Supreme Court at Buffalo appointed Frank Snllivan Smith of Angelica, Acting President of the company, as its receiver, upon application of the Central Trust Co., as trustee for the bondholders, interest due Aug. 1 1905 on both mortgages being in default. An official statement says The default In interest and the receivership of the company has become necessary In order to effeot a reorganization of the financial plans, for the purpose of providing for the extension of the road to Pittsburgh, Buffalo and Lake Ontario, involving the construction of 300 additional miles of road, and the acquisition of additional coal 1 lands. The present mortgage of $15,000,000, it has been found, is entirely inadequate lor the purpose of extension and improvement, and with the underlying mortgages is to be supplanted by a larger single mortgage. It was tire thought that a general mortgage upon the property providing for the underlying mortgages might be practicable, but financiers object to what is termed a subordinate Hen, and therefore it has become necessary to revamp the flnanolal struoture; and to save time and expedite the plans, the company has consented to the receivership upon the appeal of a large majority of the bonds. Kansas City Fort 8cott & Memphis Ry.— Listed -The Stock Exchange has listed $957,000 additional guaranteed refunding mortgage 4 p. c. bonds, making the tot *1 listed to date $17,810,000. Of the additional bonds, there were issued (1) for retirement of equipment, bonds ($13 1,000) and other underlying bonds ($20,000), $158,0C0; (2) for Compare New York Compare V. ings for the six first Otto T. Bannard and Douglas Robinson (reoelvers for the Trust Company) and Dr John P Mann of New York (re-eleoted). and W11lard V. King of New York, Vice-President of the New York Trust Co., of whlob Mr Bannard la President. [Two vaoanoles remain, and these. It is said, win be filled by representatives of the receivers of the Trust Company.]— V. 80, p. 2621. .-,r><) i V. 81, p. 32. Pittsburgh Westmoreland & Somerset RR.—iVeie Company—Mortgage. A mortgage has been made to the N. Y. Trust Co., as trustee, to secure an issue of $700,000 bonds to — oover the proposed road (with its franchises, equipment, eto.) now under contract to extend from Ligonier on the Ligonier Valley RR. to a connection with the Baltimore & Ohio RR. Co. in Somerset, a distanoe of 30 miles. J. Henry Cochrane is President and L. H. Allen, Secretary. Qa'Appelle Long Lake* Saskatchewan RR. & Steamboat Co.— Interest Payment.— Chaplin, Milne, G-renfell & Co., — V. 81, p. S64. Limited, paid on Aug. 1 £1 Is. In cash In respect of interest Kaunas City Mexico & Orient HH.—New Concessions.— then due on the 6 p. c. first mortgage bonds, and issued cerThe Minietry of Communications and Public Woran of Mex- tificates for the balance of £1 19i. per coupon. These are the ico, it is annoutcfcd, has signed, by direction of President same amounts that were distributed last year.— V. 79, p. 904. Diaz, an amended concession for the road, viz St. Louis & San Francisco RK.— Listed.— The New York (1) The two concessions, one east and one west of Chihuahua, are Stock Exchange has listed $1,107,000 additional 4 p. c. reconsolidated. The time for the completion of the system, including funding mortgage bonds of 1951, making the total listed to neoessary branches, is extended to Aug. 1 1910. (2) The subsidy has been Increased In the mountain section of ISO date $60,229,000. Of the additional bonds, $1,000,000 was ismiles to 926,120 (Mexican) per mile, or a total of $*>55,010. sued on account of betterments, improvements, etc., and the The company has exbeen granted Import privileges, (3) special empting from duty all material for construction, operation and main- remainder for the retirement of underlying bonds, and the : tenance of the railroad for (4) five years. The Government agrees not to grant any concession for the con- struction of a parallel line within fifty kilometers on either side of the railway for a period of ten years. (5) The company Is also authorized to oonstruot any branch line It may deem neces-ary daring the term of five years and to make oonneotlon with any o.her railroad.— V. 80, p. 871. Kaneas City Southern Ry.— New Bads.— The company has placed an order for 12,500 tons of 85-pound steel rails.— V. 80, p. 2458. Luke Shore & Michigan Southern Ry.— Application to Int.— The New York Stock Exchange has been requested to list $10,000,803 additional 4 p. c. 20-year debenture bonds of 1928, making the total amount fSO.OuO.OOO.— V. 83, p. 2621. Ligonier Valley RR.— See Pittsburgh Westmoreland & Somereet RR. below. -V. 80, p. 711; V. 78, p 1(61. Moncie Hartford & Ft. Wayne (Electric) Ry.— Lease.— Mirger. — Tne shareholders will meet Aug. 9 to vote (1) oa leasing and operating the property of the Blnfftou & Fc. Wayne Traction Co.; (2) on consolidating that company purchase of 511 shares, beiog balance of outstanding capital stock, of Fc. Worth Rio Grande Ry. Co. & Guaranteed Bonds.— Bee Kansas City Fort Sootc & Mem- phis Ry. above. Earnings.— For the 11 mos. endiog May 31 earnings of the syetem, including Chicago & Eistern Illinois and leased and auxiliary companies, were: Charges. $11,010,913 But ,sur. $744,309 Rj.-Sdeof Lighting Business. llwio*. Gross. Net. Oth. inc. 1904-05. .$35,319,481 $12,305,812 $49,403 1903-04.. 32,874,768 11,382,012 1902-03.. 29,392,290 10,945,903 V. 81, p. 508,266. — San Diego (I al.) Eleetric —See United Lt., Fnel & Power Co. under Industrials below. Seaboard Company.— First Pre/. Stock all Taken— It is an- nounced that the privilege accorded to the Btookholders of the Seaboard Ry. Co. of subscribing to the first preferred stock of the new company expired on Jaly 28, and all of the firet preferred stock to be issued under the plan was The Issue eubecribed by the stockholders themselves. THE CHRONICLE. 560 had been underwritten by a syndicate composed largely interested in the property.— V. 81, of parties Brazos Valley By.— New Mortgage.—The comannounced, has canceled its outstanding bond issue of $1,850,000 and made a new first mortgage to the Old Colony Trust Co. of B iston, trustee, to secure an issue of 6 p. c. bonds limited to |30,0C0 per mile of railroad now owned I.aoy, it is or hereafter acquired, including the following lines definitely specified in the mortgage, constructed and to be constructed, Fort Worth, by way of Cleburne, Mexia and Houston viz The road, to Galveston; Mexia to Dallas and Fort Worth 8outhern on it in stated, was transferred to the Colorado Jnly 1. The work of construction, it is understood, has be gun, or is about to begin, on the extension from Mexia to Houston.—V. 80, p. 2622. : & Ltd.— Acquisition— The pur the Jamaica Eleotrio Light & Power Co., now in West India Electric Co., chase of process of completion, will result in no change in the capitalization of the West India Electric Co., either in stock or bonds. The new property will be a separate company, necessitated by local reasons, and the property itself will be leased to the West India Electric Co. The issue of bonds of the new oompany will probably, we learn, be £41,000, or $200,000. with nominal issue of stock, the West India Electric Co. owning the entire issue of stock. The deal, however, gives the West India Electric Co. the entire control of the electric traction and lighting in Kingston and St. Andrew as well as The price paid for the property is in th<vicinity of 1160,000, and $160,000 out of the issue of bonds of the new company will be used to pay for the property and the rtmaining $40,000 will remain in the treasury of the new company for Improvements. The President of the West India Electric Co. is James Hutchinson, Montreal.— V, St. Catherine. 81, p. 505, 265. & fering at 101 and interest $500,000 of this company's authorized issue of $2,500,000 5 p. c. gold bonds dun M*y 15 1951. of which $1,900,000 are now outstanding and $600,000 are reserved to retire Lehigh Traction bonds. See V. 78, p. 289. Earmngs.— For years ending May 31: 1901-05 1903-04 —V. Gross. Net. Interest. Bal., sur. $279,839 269,063 $151,761 135,103 $124,250 124,250 $<i7.f>ll 10,853 Wisconsin St Michigan By.—Mortgage.— A mortgage has been filed with the Equitable Trust Co. of Coicago, as trussecure $2,600,01)0 bonds.— V. 80, p. 2221. Zanesville (0.) Railway, Lighting & Power fo.~-Bor,di Caihd. The entire issue of 15-year 6 p. c, collateral trust bonds of 1900, fir $1,000 each, has been called and will be paid at 105 and interest on Sept. 1 at office of the trustee. International Trust Co., 45 Milk St., Boston.— V. 80, p, 873. — INDUSTRIAL, GAS AND MISCELLANEOUS. (N. R.) Allen Sons' Tannery Co. of Kenosha, Wis,— Incorporation Reported Hale. This oompany has been incorpor ated in Wisconsin, with $800,000 capital s'ocfe, to take over the large tannery of the Aliens at K>nosha, Wis., the incor porators being Charles W. Allen, Nathan R. Allen Jr. and Edward C. Thiers. Nathan R. Allen is quoted as saying that the stock in the company will for the present be held by C. W. Allen and himself, but that the Central Leather Co. would later have an interest in it. Alpha Portland Cement Co.— Status.— This company, mentioned below under the heading " National Portland C^m9nt Co.," was incorporated in New Jersey in 1895 with $500,000 of capital stock, which has since been increased to The company's works are at $1, 000,000, par of shares $100. Alpha, N. J., on the main line of the Lehigh Valley RR., 7'> miles from New York and 4 miles east of Easton, Pa. They were erected in 1891 and subsequently enlarged. No bonded debt at last accounts. Dividends paid quarterly at company's office, 460 Bourse Building, Pniladelphia. American-Hawaiian Steamship Co.— Contract uith Tehuantepec Read for Through Service. This company, n->w operating a fl -et of steamships from San Francisco and Ha waii to New York through the Straits of Magellan, has concluded a contract with the National RR. of Tehuantep^c for the operation of connecting steamship lines on both the Pacifio and Atlantic sides, and will use the seven vessels now in the service in addition to two new ships about to be built. The company expects to afford a service of 25 days by the new route as against the 85 or 40 d«ys now taken to transport freight bet ween New York and San Fraaoisco by way of Panama, The Union Iron Works of San Francisco (Bathlehem Steel Corporation) recently began the constru tiou of the two new vessels, which will have a cargo capacity of 12,000 tons of sugar each and a speed of 12}£ knots, and will — results follow: $54W.081 ittt),&Hl *63?.fi*l 4>-3,324 f?8i,g07 281,907 $1,203,761 $1,181,168 $5C3,«14 568,814 Year — 1»01 Or, 19^804 1,018.875 1,060,:576 The dividends on the common have been paid as follows: May —V. Nov. 1905, ]J^ p, c, (seml-an.); 81, p. 263. (1««) $81,013 ( ( ( %%) Bal., sur. »16-<7fll B5.108 166,311 W*)fl52 121 %%) 35,106 $K>5.S28 419,55 (cb-iiged as above) 1904, 1J^ p c (semi-an.); 1905, 1 p. c. (quarterly). stn.-ft 1 Aug. American Smelting & Ref'nin? Co.— Utah C<pperCo,— The American Smelting & Rt-fining int-r«s 8, it is understood, will shortly acquire control of the U>nh Copper Co. The option price is said to be $20 per fbare. The latter comf pany has authorized an iseue of $3 00^,000 convertible six per bonds to pay for extensive improvements. (Compare V. 79, p 906.) JSew President. -Diniel Guggenheim, it is expected, will shortly be elected President to succeed the late Edward cerjt W. Nash.-V. 80, p. 1973. American Steel Foundries.— New Pre.i 'ent.—A.t a meeting of the directors on Wednesday Third Vice- President WilI'am V. Kelley was elected President to succeed General Charles Miller, resigned. Mr. R>lley was formerly President of the 8implex Railway Appliance Co., which was purchased some time ago. General Miller continues as Chair- man of the hosrd. Bonds Underwi i tten.— The syndicate formed to take such bonds to be issued as may not be takea by the stockholders, has, it is announced, been fully «ub8Bxibed, the old officers having suoscrined liberally. The bonds, it is stated, will be offered to th« shareholders at 80 and the unsold portion taken by the syndicate at the same part, if any, of the $3,500,000 a commission. Compare V. 81, p. American Telephone & Telegraph Co 267, 33. - Output. -The output of instruments [each tele^houe being two "instruments", viz., one receiver andjone transmittei] for the month and six months ending June 30 w*s : . To June 30— Gross output (number) Net output (number) Total outstanding —V. Month. 1905. 1904. 120,555 8«,3l2 68,128 39,1:58 , 6 Months , 190i. 89.620 614,078 5,094,612 , 1904. 591,684 344.494 4,124,411 81, p. 33, 509. Burroughs Adding Machine Co.— Stock Distribution.— 78, p. 289. tee, to 1«>4 06 1»03 01 price, less TTilkesbarre & Hazleton BB.— Bonds Offered.— Rudolph Kleybolte Co., New York, Chicago and Ciuciunati, are of- Year— American L'ght & Trtctlon < o.— Report— The months and also the year end J nne 301905 0mo8— Earnings. Uetvroft.t.PJdir..(if. Com. <liv. for the six p. 32. & Trinity [Vol. lxjlsi. — — An txchaijge says "the tt icknolders received som-; weeks ago a stock dividend of 1,000 [yno (?,] p c. Toe capital was An increase of [no (?i] $5,00f',0no was authorized $500,000. and the stock distributed to holders. The stock is quoted around par. Before the increase it was quoted at 500." See V, 80, p. 1176. Central Leather Co.— Reported Acquiition.—Sde (N. R.) . Allen Sods' Tannery Co. above. Alliance D-nied.— Touching the report (based apparently on a misprint) that a deal is pending for an alliance with the American Hide & Leather Co., a promiaent director of the Central Leather Co. is reported as saying There is no connection between the two companies in contemplation or in negotiation, directly or indirectly. The Central Lea her Co. has no interest whatever in the Amerioan Hide & Leather Co.— V". 81, p. 501, 213. Chicago Pneumatic Tool Co.— Option -Probable Purchase. has obtained an optloo on th« plant of the McKiernan Rock Drill Co. of New York, thus opening the way to a rock drill department, a new departure for the com- —The company The 'Iron Age" says: While the McKiernan Drill Co. will not be formally taken over in its entirety until Oct i, pending final arrangements the 'ihtoago Pneumatic Tool Co. will oil jr to the trade a full line of the McKI m»n pneumatic rook drills. The plant of the McKiernan Drill o. ai Djver. N. J, is practloally a new one, having been built In 1900. It la fully equipped with modern cools.— V. 81. p. 33. pany. (O.) Gas Co.—Decine in Bonis.— The recent auction of several lots of the company's bonds, said to aggregate $250,000, precipitated a decline in the price from 108 in June to 91 at a reoent auction sale. The interest dlits Co. on July 1, on the bonds was paid through H. B. but it appears there has been some talk of defaulting, as it is claimed the company has not been earning the interest on The d ficiency has been the conds, which is $75,000 a year made good by the Columbus Gas L'ght & Heatitig Co., which owns the stock of the Columbus Gas Co. President Johnston of the holding company is reported as sayiag : Columbus trie-ring a.t H & I can almott certainly say that we will continue to operate the plant and will not give up the franchise. We hope to make arrangements by which this will be made possible, even though it does entail a heavy loss, UDtil such time as we may find some way In which to utilize the plant. Thattlme may come when itwl.'l be f und n^oessary to supplement the natural product by the manufactured article If there is aay io»s by reason of the continued operation of the plant, it will fall on the ho ding company. There are $1,5C0,000 of the bonds covering the property of the company, which includes Cjlumbus re*l estate valued at one time at $<>00,000.— V. 64, p. 1224. (olumbas (O ) Gas L'ght & Heating Co.— See Columbus oil for fuel. Recent advices state that the Tehuantepec Road, from Sa- (O.) Gas Co —V. 79, p. 2644, lina Crnz on the Pacific to Coatzscoalcos on th<- Gralf of MexConsolidated Anthracite Coal Co., Spadra. Ark.— New ico, 180 ml'8, is about completed, and it is thought that next Pretiient. A large interest in the stock of this company has spring the harbors and wharfage for the accommodation ot been acquired by Walter S. Bogle of Chicago, and he has steamers and transfer of freight will be finished, so that the been elected President of the company. Alexander CunCf ntract with the steamship company cin go into operation. inghame of Ciccinnati has been re-el«cted Vice-President, [See description of road in "Railroad Gazette" of July 15 and WalterS. Bogle Jr. has been appointed General Manl904.]-V-.78, p. 990. ager. R, D, Dunlapis Treasurer and C.E. Robinson Secretary. burn — — A ... i — TIIK CHRONICLE. 1905.1 5 & Co.. Chicago ard Cincinnati, recently if -red Danghertv $5CO,000 of the o< mpauy's stock at $22 50 per share, par va'ae $25, their advertlsem-nt giving the following information : Incorporated under laws of Arkansas In March 1904. with a capital of $5.000.00i', $2,000.00" of whloh has bee-i plaoed In the treasury for The stook now i d'ared Is oat of the Issued future de'velopment. capital of $4,000. ooo. The oompany has approximately 10.000 aces hard ooal land In and about Spadra. Ark; 4,000 acres cotton lands and Present mines dally oapaolty 2.000 tons •i 000 acres timber laDds. Mew mines belli* opened with additional oapaolty 2.000 tons. Output sold a year in advance nt average profit $1 pert >n f. o. b. m<ne*. The vein of ooal prorinces in* re than 5.00) tons of marketable coal per acre. The oouipany Is paying 5 p. o. (quarttrly) dividends for the past nine months, and it Is now earning lo p. o. There are no bonds, preferred stock or other obligations aside from the common stook The new stook Is Issued to bring the oapaolty up to 4,000 tons oer dav. Dlreotcrs: A B. Vonrhels. A. Ounlnghame, H. F Jergens, W. H. N. Rlx Hot P. Deppe, all of Cincinnati. O.; O Harrison and Spring", Ark W. D. Quilbert, Columbus. O R. D. Dunlap, Clarks< W f><> Co Oonneotlout Chair . Co., Ford A Johnson, Michigan City, Iud., i and the Cincinnati chair Co. The consolidation was underwritten by the Cincinnati Trnst Co. of Cincinnati. The general headquarters will be located at Chicago. Officers J. L. Ford, of Chicago, President; W. H. Johnson. Michigan City First Vice-President; A. D. Martin. Frankfort. Ky . Secnd VicePresident; W. F Johnson, Chicago, Treasurer; E. L. Sibley, Chloagoi Secretary; John K Walters, Cincinnati, Assistant Seoretary. Greenwood Coal Co.— Called Bonds*,— Nine ($9,000) of this company's flr8 r consolidated m »rtgage 6 p. o. gold bonds, dated June 1 1896 due June 1 1911. h+veb-en drawn for payment, viz Nos. 145. 170, 187, 152. 174 221, 167. 186. 237. and will he paid at par and interest on Aug. 25 at the New York Trnpt Co., trustee.— V. 80, p. 1732, 1115. , ; ; vllle, : Houston (Tex.) Oil Co.— Status.— Jnlius Ark.; Walter S Bogle, Ohloago, President. S. Bache, chair- of the stockholders' committee, states that 'he receivers Crown Columbia Palp & Paper Co., San Francisco.— man are now collecting upwards of $70 0' a month net for timFront Street. will meet at No. 707 shareholders Bonds. -The Sbd Francisco, on August 23, to vote on making a bond issue of $510,030. Ludwig 8ohwabacber, Secretary and Treasurer, returns without orange the following compiled from statements in the San Francisco newspapers: The oompany was formed last May with $1,000,000 of authorized capital stock (In sbates of $100 eaoh),as a consolidation of the Crown Paper Co. of San Franoi^oo (stook $750, OlO) and the Columbia River Paper Co. of Oregon City, Ore. The last-named oomp«ny reoentiy completed a new mill the total oapaolty of its plants being 60 tons of newspaper daily. Ths Crown company's mill makes wrapping paThe Preddent of the con soil »r. Its oapsolty being 20 tons dally. I ared company is 8. D. Rosecbanm of New York and San Franolsoo, Paper Co. of California, who is also President of the Florlston Pulp which mbkee wrapping and tissue paper to the amount of some 3o Co are looated at La Paper of the Columbia tons dally. The mills Camas and Warrpniale, Ore., and in connection i herewith are owned 25,000 sores of timber land in the eastern part of si ultnomah County. Tu-> Crown Paper company's mill Is situated at Oregon City, and this ocmpany also owned timber and water frontage lu the eastern part of Multnomah County and a bag faotory in San Franolsoo. & Cumberland Yalley Telephone C<>. ^ale of Guaranteed '--.— ^ee United Telephone and Telegraph Co. below. V. 79, p. 5:750. Edison Storage Battery Co.— Offtiial Statement —President Thomas A. Edls n is qaoted as Baying in snbstance By Ootober my light battery will be ready for the marker, and we : shall be ready to equip automobiles of all descriptions. For more than a year 160 delivery wagons in different parts of the country have been regularly driven by the new storage batteries. Many of these wa.ons are operated by an express oompany in Washington, and reports on their work and of the work performed by suoh vehicles In other cities show that the cost Is about 58 p. o. of that of horses. In all, we have mannfaotnred 14,000 of the new storage oelis, and we are now erecting a faotory at Menlo Park. 600 by 60 feet, and three stories high, especially for their manufacture.— V. 77, p. 253. Fall BiTer Electric Light Co.— New Stock— The Massachusetts U-as and Electric Light Commission has authorized the company to offer $350,000 new stock to its stockholders See V. 80, p. 2228. at $130 a share. Fran< hise Taxation in New York State.— Payments -n Jiu.e.— Toe collections in Greater New York on account of assessments and arrears of taxes, assessments and water rents durirjg the month of JuDe, and also during the year eLiling June 30 1905, show a great increase over the receipts for any similar period. Tue total for June 1905 wa« $9,252,121, contrasting with $1,593,835 in June 1904 and with $2 374,507 in June 1903. For the year 1904 05 the aggregate was $23,578,447, against $14,510,145 in 1908-04 and Of the total sum collected during the $16,511,956 in 1901 02. month of June 1905, about two-thirds was for special franchise tax. No money waB reoeived duriDg July on ac count of the special franchise tax, the sales for non payment having been ad j owned for the summer months; but beginning with September it is expected that both sales and payments will be resumed. table compiled by El ward A. Slattery, Collector of assessments and arrears, shows the total receipts from the special franchise tax during the month of June 1905, for the leading companies, as follows: A 1900. $ 279 160 Consol. Gas To.. N. Y Standard (;%•. LightCo.... 8P.879 N . Mutual Ga» h. Co... V. New Amsterdam (las Co.. New Yi rk Edls-.n To e 9,498 59.810 K. L.. li.4P.Co. 1902. $ M} Island A i.r. »-72 82,714 MMJl RR B.R.T. system-.. 145.408 Island 4 B fclvn KR.. 13.532 Total Brooklyn C. a N. KB Brooklyn Union Gas Co ' -•ib-<-.,moHniHs "I*-' - 16.370 172,005 ]-.' 7H 7,043 J<.0.. A Bl. I, P. Co.. -<: l.l.fo. B'kln. . » lo'al. t 83,555 B7.049 53,635 1"H,4:<4 .... 23,097 .. 21.016 22,435 1H.03S 5,932 957 891 88J 66 117,874 25.iio5 2*,>-30 53,194 53,127 12.722 74.217 21,767 23,252 1,4-«.1*6 81S.1M I,t88.808 ."."OS 5.033 111,115 18,288 i74.o«4 201348 176.126 170,852 1*015 11.471 n.44-1 165,022 16 800 7.480 0,404 5,055 180,448 1h,(j31 0,458 «,l»2 I24.mr, lO.O'O 6.K91 8,631 49,331 43.0^1 4» 81 ' 797 rVOiO'O. , ) i Houston Oil Co. are retired, when the entire ownership of the proper y »hall pass to the lessee. Holders of common stook, it is said, on the payment of $10 a share, for whloh they wUi be glren an equal amount in income bonds, would under the plan exchange th^lr stock, share for share, for the emmon stock of the new oompany, or, wi hout paying any each, exchange each five shares f ;>r ooe share of th* oommoa stook of the new company. Holders of the preferred Block would exchange at par and accrued dividends 'or preferred stook in the new oompany by paying $10 a share, for whloh they would recalve first mortgage bonds, or, without any cash payment, exchange share for share. ASSETS OP HOUSTON OIL CO. <>il and timber lanfls (a part in litigation) about «. d mineral rights (in litigation) about , 800,000 acres 1«5,0"0 acres large number Oi: lease* In the orsicuna "II Held The lee 'n land in the Nacogdoches oil field.. 3,500 acres Kim-one p <: nf -inline I'umm property. Thlslt-rnpertv embraces, ac witb Kev-ral miles of water front in the town of Sabine Hv? , JS.% $27, "80,000 L'npald balance on tlmoor contract with Kirby Lumber Co. .. . A i»,"46 Ill 9.039 31,969 '7,7 6 *&** J17.400 of which fl, 500. 000 1b 7 p. c. enmmativo bor ds) has taken over the followitg pinrits : Frarkfort (Ky Chair Co., Southern Varnish Co Kentucky Lumber Co., Kentucky Chair Co., Ford, ie Johnson, Chicago; Western Chair (r 5,000,(00 20,000.000 Th« Dew company is to acquire the treasury assets of the Houston Oil Co., suKjeot to the lien of the [$6,785,000] timber oertlfloates (V. 7\ p. 139). and will also secure a lease and onn^raet to pnrohase a-1 the oil and minerals on the lands of the Houston Oil Co. and the Kirby Lumber Co., subject to a royalty of 10 p. o on those produots r-'duoed. until the timber certificates and preferred stook of the ADDITIONAL PHOPEBTV WHICH COMPANY OWNS OB HAS THK HIGHT TO ACQUIBB. Timber certificates '22q'SS2 «"-*"° 1'52 Ford a J. hogon Co. (Chairs), Cincinnati.— Oonaolidation, This eomp»nv, incorporated under the 1>»W8 of Ohio on Jane 17, wit- 1,99-*, 176 Common stock amount 71, o I. $1,500,000 2,000,000 267, VB 8*1 90, p. -i.>;n. preft-rre ri Authorised. For assets, etc mortgage and collateral trust 5 p. o. 10year gold l»onds, surjsot to call at 105 $1,500/03 Oollatpral trust and income 20- year gold bds. 2,*0<\000 Preferred 6 p. o. cumulative stock 12,000.000 First Original am ant $30.8 a",000, on which |3,' 00,000 has been paid, the whole ;(5,000,000 feet of timber 12 inches in diameter and upward, estimated In I'.'Ol ;,- owned by the Houst' n Oil Company, but, the contract is up lo */MO,000.000 feet, or $;i8,25",0 in cash. 2ft. Hill .... i0,817 underlying Hens Mr. Bacoe adds that the company, In addition to its oil interests, "owns probably the largest virgin field of yellow pine timber in the United States, and its value is constantly 'ncreaslng, the demand for lumber at this time being very large." The claim of the Kirby Lnmber Co against the Houston Oil Co., amountirg to a large sam, is being contested in the United States Court at Houston, but Mr Bache and the couosel of the committee do not believe that the claim has any validity whatsoever, or that it is serious, thongb naturally it delays matters somewhat. Rco rganizati n Plan.— The plan of reorganization will probably be published soon after the determination of the exact amonnt of the floating indebtedness, which is to be paid in full with interest. All creditors have been notified to prove up their claims previous to Aug. 27th. The plan as approved by Judge D ohler at Baltimore on Jane 30 provides [subject to modification] for the formation •f a new corporation called the Southwestern Development Co,, with the following capitalization, of which the amounts shown in the second column are to be used to acquire the assets and lease below described and (as to first mortgage bonds) toward payment of floating debt of about $2f,ono.000: < 2.583 50.KI of which committee George jointly taken receivers' certifirateu in order to enable the receivers to take up all suoh OH 817 751 424 7.4->0 nmn»r certificates committee, W. Young is Chairman, have 37,o~0 106,400 18.898 44,im1 631 17).--16.168 7.0J3 BOH.OH6 11X.44S 174,1«8 3,77-! .... 18 H2 8.790 40,360 . Kioca Co. 1901. I 6Pf,8-0 T .tal Conjol. Ga« Co....53G.!'48 Cbl.lUS 2^3,0^1 Me' ropoluan Street Ky 81M62 Manhattan Uailwny 6e4,78J 629,208 594,306 Brooklyn Kapid Trar Br<>oklvn Height! UK 7.40 7,593 OMiiityHK Ujn Q. '..V ». RR HaMtU Klectric lilt 1903. 174,1"S N.Y.Gas.EI. U.H.&P.Co. 3,772 L'nlted Klec. I,t. A P. Co Brush Kiec. Ilium. ( o Conn. Tel. * hi. Sub. Co.. 33,857 Ams'dam 1901. * 407 720 ber cut, or between $800,000 and $900,000 a vear; that the mortgage debt, whi^h is known as the Kirby Lnmber Company timber certificates", amounts to about $400,000 a year, which leaves ov*r $400,^00 to apply on the principal of the mortgage debt. Daring the pa»t year, not only has the interest been paid on the mortgage debt, but v«-ry substantial payments have been made on th« principal. On a number of rccaf-ions it has been necessary to advance fnuds to the receivers to meet the interest on the timber certificates and accruing instalments of principal before the name could be collected in due course, and in everv such instance the stockholders' committee baa advanced the money "which has been and is being promptly repaid " During the receivership there has been no increase in the floating debt. There was a comparatively small amount of underlying liens upon the property, and the stockholders' committee, and the interest on the entire c-. i Preferred stook HigglDS Oil <fe Fuel Company's stock Southwestern Oil Oompany's stock , 'hni' v<Tr» jud.^u by formed An underwriting syndicate has been or is beiDg of St. Co. & Whitak^r J 8. Bache & Co. of New Y^rk and L^uis to furnish whatever cash is n»e'id and not supplied o.nd«-r the exchange plan.— V. 80, p. 23 3. Hudson Valley BrewerieB Co.— Mortgage.— This com- pany, recently incorporated with ffino.OOO e'ock, to take over Albany and Troy breweries, has made a mor'gag« to trie Knickerbocker Trust Co., trustee, to secure an lstue of several THE CHRONICLE. 5G2 $7,500,000 of 6 p. c. 50-year gold bonds. Directors: Gustave M. Fauser, Naw York; William Braoken, New York, and James E. Carhart, Albany. Ingersoll-Band Co.— Financing Consolidition.—The sharetL»e Ingersoll-Sergeant Drill Co. (the English company) met in London on July 16 and ratifipd the proposition to sell the property to the new Ingereoll-Rand Co. The financing of the consolidation is in the hands of W. R. Grace & Co., New York, and Grace Bros. & Co., Limited, London, who have agreed (a) To take unci) of the bonds of the new company as would acorne to the Rand Drill Company's shareholders, and so provide the cash they might require; (b) to advance suoh cash as tbe new oompany needs for organization C) to redeem the £250.000 debentures of the holders of : [Vol.' lxxxl Kansas, and Dallas, Texas. Slnoe beginning operations in 1930 has Increased the value of its permanent assets over $500,000, has regularly paid 7 p. o on Its preferred and 4 p. o. on its common s:ook, besides setting aside a large surplus for retirement of preferred stock, which, when done, must be at a premium of 10 p. o. above par. Operates with natural gas for fuel at low cost.— V. 78, p. 1277. Kenton Gas & Electric Co.— Change in Control.—The "Toledo Blaie" of July 14 said: The ofllolal transfer of the control of ths oompany to the Ksrlln Bros, of this city was made yesterday, the consideration paid by tie local oompany being $128,000. The present capitalization Is $200,000. Bonds will be Issued to the amount of $160,000, which sum the new owners will expend in improving the plant.— V. 72, p. 875. Kingston Lumber Co. of Laurel, Miss.— Bondi Offered.— The Interstate Trust & Banking Co. of New Orleans, the Ingers ll-8»rgeant Drill Oo. outstanding at 105, In aooordanoe with trustee, is offering for sale $100,030 of this company'e present the trust deed [the new oompany has the right to have the debentures redeemed not later than J nne 30 of next year]; (d) to prooure and issue of $200,000 1st mortgage 6 p. c. gold bonds, denominasell to tbe new company (the Ingersoll-Rand Oo.) at least two thirds of tion $1,000 each. Dated May 1 1905, due in series of $7,00 D the shares of the Ingersoll-Sergeant Drill Co. and the Rand Drill Oo. every six months beginning Nov. 1 1905. Interest payable and to offer the remaining shareholders exactly the same price as paid May 1 and Nov. 1 at offioe of trustee. Advertisement says: for the two-thirds interest. ; & to be paid to W. R. Grace Co. to cover the purchase of all the assets of both companies is $9 500,000, made np as follows : $3,000,000 of 5 p. c. bonds (f 3,000,000 authorized), $4,500,000 of 6 p. c. cumulative preferred shares ($5,000,030 authorized) and $3,000,000 of ordinary shares ($5,000,000 authorized). This amount represents the actual value of the assets of the two companies, as reported by the treasurers, and since justified by the following inde- The price agreed pendent appraisements Ingersoll-Sergeant Oo. Valuations. Philllpsburg plant $1,191,356 Lopatoong Water Co... 148.128 Easton plant 373,782 Philllpsburg and Easton machinery and Inventory (31- 2 '04) 4,388,891 Band Drill Oo. Valuations. Tarrytown plant $168,061 Painted Post 63,382 Tarrytown, Painted Post, Ossloing Foundry and Freeland Tool Works machinery and Ninth-avenue property 250,000 inventory 1,571,671 Cash 55,000 Cash 20,000 Bills and aooounts colBills and aooounts collectible lectible 989,000 601,000 Uoited States bonds 4,472 $7,396,157 693 shares Rand Drill Less accounts and bills Co. stock 103,950 payable 251,000 $2,432,736 Less aooounts payable. 86,187 Total Rand Drill Oo. values $2,346,549 $9,491,706 Within the past eight years the works of the IngersollSergeant Drill Co. have "first been doubled, and then doubled again, and shareholders had had their 10 p. c. dividend steadTotal Ingers oil - Sergeant Drill Co $7,145,157 Grand total both companies ily paid." The stock of the In gersoll- Sergeant Co. taken over on the following basis: (a) Every holder of a preferred share (par£l) to receive $7 50 of 6 p. o. preferred stock of tbe new company; (b) Every holder of an ordinary share (par £ I) to get $10 in preferred stock and $10 in common stock of the new company. The outstanding share capital of the English is company is exactly £300,000 common and £150,000 preferred, of which to July 16 the holders of 133,045 preferred shares and 141,710 ordinary shares— in all approximately 80 p. had accepted the plan of merger. c— Rand stockholders get for every $100 share: $41 33 in bonds; $86 08 in preferred stock; $60 75 in common stock. The new company takes over the running business of both companies as from Jan. 1 of this year and receives liquid assets representing in cash and collectible accounts $1,673,422, less substantially only the dividend of 6 p. c. paid to the Rand Cjmpany's shareholders and of 5 p. c. paid to the ordinary shareholders, and 8 p. o. paid to the preferred shareholders of the Ingersoll-Sergeant Drill Co. Dividends on the preferred of the new oompany aocrue as from July 1, the first dividend becoming payable on Jan. 1 next. The ordinary shareholders of the Ingersoll-Sergeant Drill Co. will not receive their usual interim dividend generally paid in October; but in lieu thereof they will receive 3 p. c. on $10 preference shares on Jan, 1, which will be in place of the October interim dividend, and their new ordinary shares, it is asserted, "will oertainly be earning a dividend from Jan. 1 1906. Messrs. Price, Waterhouse Co. have examined the Rind Company's books, and report the average yearly earnings during the past four years as over $159,000 a year. The earnings of both companies, with the eoonomles that will be effected through this combination, oan, according to Mr. M, P. Grace, "be fairly estimated at not leas than £130,000 a year," the managers estimating a saving in administration of the selliog agencies alone of fally £40,C00 a year. The factories, it is stated, are "running full," and the management has juet acqntred the exclusive right to manufacture the successf al & Secured by first mortgage upon 162,585,000 fee of yellow pine timber In Southern Mississippi, worth from $ J to $3 per 1,000 feet. The bond issue amounts to $i 25 in bonds against eaoh 1,000 feet of timber, so that the value of the timber alone Is twlca the mortgaee debt, not inolultng the saw-mill, logging equipment and railroad, which are also covered by the mortgage. Payment of bonds is guaranteed unconditionally, both as to principal and interest, by Alexander MoDonald, of Cincinnati, who was formerly a Vice-President of the Standard Oil Co. The mortgage requires the deposit with the trustee of $l 50 for eaoh 1,000 feet of timber out as a sinking fund for the retirement of the bonds and coupons as they mature. 1 ; A new management came into control on Mar. 31 19)5, the following officers being elected: E. K. Stalin, President; F. W. Pettibone, Vice-Pres. and Treas.; A. F. Harrington, Sec. Klotg Throwing Co., Fredericksburg, Md. (Silk Manufacturers).— Mortgage.— This company recently filed a first consolidated mortgage with the Knickerbocker Trust Co. of New York as trustee to secure $460,000 5 p. c. 25-year gold bonds, of which the present issue is $110,000. The bonds are dated March 1 1905 and are due Maroh 1 1930, but are subject to call 123,000 annually from March 1 1910 at par and Interest denomination, Of tl.nou; interest payable Sect, l and March 1 at office of the trustee. the total Issue. $<m>,000 are reserved to retire a like amount of first morteaae 6s dated Dec. 1 '900 and due Dec. 1 19*0. but subject to call on Dec. t 1W10. The mortgage covers all the company's properties and mills located at Carbondale, Scranton and Archbald, Penna.; Fredericksburg. Va„ and Cumberland, lid. All these proDerties -re owoed in fee, Tbe company was organized under the laws of New Jersey In October 1895. Authorized capital stock. $i.0u0,' Ou common and $500,OuO preferred n p c. cumulative (par of shares |10J); outstanding, all tbe common and $38",000 preferred. Dividends are paid annually. Dividend rate for year 1»04, 8 p. c; last dividend paid April 1. Officers: H. D. Klots, President: W.C.Stearns 1st Vice-Prest.; J. H. Britton 2d Vice-Prest.; George Klots, Treasurer; Marcus Frleder, Secretary. New York agents, Klots Brothers, 487 Broadway. ; La Belle Iron Works.—New Plant in Operation.—This company last week placed its new 84-in, plate mill in operation. See V. 80, p. 1365. Lake Superior Corpttration.—Status.— Francis P. Reeves, President of the Glrard National B *nk, one of the Philadelphia directors, is quoted by the Philadelphia News Bareau: Enough is known to enable the Oeneral Manager to report that the net earnings have been sufflalent to pay the year's fixed oharges and leave a moderate surplus. la view of the fact that the operations of the corporation for the first four months of its flsoal year were pracbecause of the extraordinary conditions confronting the after its reorganization, normal operations being therefore oonfined to eight months, this result is considered eminently satisfactory. Under present conditions, with the principal industries In full operation anl the product of the steel-rail ml Us sold ahead np to the tically nil, company of the current calendar year on favorable terms, it would seem that the holders of the bonds and stock of the corporation need entertain no apprehension in regard to its future success. end The place of N. W. Rowell as director has been filled by the election of Mayor Piummer of Sault Ste. M*rie on the nomination of the Canadian Government.—V. to, p, 2317, — Lancaster Water Filtration Company of Philadelphia Mortgage.—This company has made a mortgage to the West End Trast Co, of Philadelphia, as trustee, to secure an i3sue The mortgage covers, together with other of $250,0C0 bonds. property, the assignment of contract from the Pennsylvania Maignen Filtration Co. to build Lancaster's filtration The new company has $=5,030 capital, M. P. Qiinn is plant. Presi- dent and Clarence B. Kugler, Secretary. Marconi Wirwless Telegraph Co. of Can ad a. -St ock Offered— F. P. Ward & Co. are offering a blocK of this company's capital stock at $4 per share, par, $5, Total issue, §5,000,000, "full paid and non -assessable." No bonds and no preferred stock.— V. 80, p. 1482. Massachusetts Gas Companies.— Modid id Contracts Approved.—The Massachusetts Gas & Electric Light Commission on Aug 1 approved the contracts of this company's subsidiary, the Bostoa Consolidated Gas Co., viz as amended (1) to supply the Waltham Ga3 Light Co. with 9,C0D,000 cubic feet of gas a month, to be delivered in the latter's holder at 40 cents (not 43 cents as first proposed) per 1,000 cubic feet, and (2) to buy from the allied New E jglaud Gas Coke Co. 3,500,000 cubic feet of 18-candle-power unpurified gas daily at 23 cen's per 1,000 feet. All of the stock of the , " Temple" pneumatic electric drill. The new bonds ($3,000,000 authorized) are 5 p. c. gold, de & nomination $500 and $1,000, due Dec. 31 1935, but subject to call at company's option after Dec. 31 1910 at 105 and inter- Waltham Gas Light Co. is owned by the Bjston Suburban est; interest pavable Jao. 1 and July 1; trustee, New York Electric Companies V. 81. p. 268, 215. Trust Co. W. R Grace & Co. have agreed to deliver the Mexican Galf Coal & Transportation Co.-Sale.— At the $2,000,000 bonds by Oct. 31 1906. Cjmpare V. 81, p. 34, foreclosure sale the property, including, it 1s said, sevIcgersoll Sergeant Drill Co.— See Ingersoll-R md Co. eral large mines and 60 coke ovens at or near Howe, I, T,, above.— V. 81, p. 34. and 200 coke ovens at Alderson, I. T,, was acquired, it is lo!a(Kan.) Portland Cement Co.— Stock Offered— A. G stated, for $80,000 by the D>gnan & McConueli Coal Co., reThe Lund, 70 State St., Boston, recently offered at par (f2> per cently incorporated with a capital stock of $20 »,0 sale was made in foreclosure of a $200,000 mortgage, under share) a small block of the preferred stock, saying: which the Provident Savings Bank & Trust Co. of CincinCapitalization, $ ,500.000 preferred and $3,000,000 common stock — i Oapaoity over 1,000,000 barrels annually. Operating plants at lola, nati was trustee.— V. 81, p. 35. — Aug. THE CHRONICLE. 5 1905.| National Foldii g Box & Paper Co.— Mortgage— A inortgage has beer, filed with the Empire Trust Co. of New York, trustee, covering the entire property, to secure an Issue of bonds, dated Jnne 1 1905, doe June 1 f-3 0,000 5 p. c. gold 1925, but subj-ot to call at company's option on Jnne 1, 1915; interest paj^ble Dec. 1 and June 1; denomination, if 1,000 and $R00. President, D. S.Walton; Vice-Pres. and Spitptnry, T. L Cornell, New Haven. Conn.; Treasurer, D. S. Walton Jr. The company is a New Jersey Corporation, wih |760, 000 of t-utnorlzed capital stock, having mills at Bfllston Spa, N. Y., and factories: No. 1, Shelton, Conn.; Nrs. S and ?, N<-w Haven, Corn. An officer writes: This mortgage was plaoed for the purpose of building a large f ao- tory. covering an entire block, in the olty of New Haven. Onr buxl ness hart grr wo so. and our taotorlaa having br-en at a distance from each other. It was fonnrt i ecesr-ary to concentrate, savin* a large expense not only In pay-rolls but also In the expense account of running the business, a saving which is estimated at rrom $3o,o<o ro S^O.noo per year. The faotory is bounded In the olty of New Haven by Main. Jan «-s and Alton streets, and on the north by the old 8hore Line of the N. Y. N. H. A H. RR. Co.. thus giving us railroad facilities. As above, we cover ibe entire block, and expeottomove In by the ttrst of November at the latest. Oar company Is a dlvl tendpaying company. We Kive no notes for anything purchased, and our business Is Increasing all the time. Natioiml Lead Co.— Ir, create of Stock.— The company has Trenton. N. J., 8 certificate of increase of oanital filed at fnm $3l\roO,0CO to |50,0H0 000, of which $25,000,000 stcck to b»- preierred 7 p. c. ctimulative and $25,000,000 common. See V. is 81, p. 85. National Portland Cement Co.-Sale.— At the Sheriff's at Easton, Pa., on Jaly 29 the plant, which has never been operated, was bid in by A. F. Grerstell, Vioe-Presifiett of the Alpha Portland Cement Co. and President of the Marsale tin's Street bonds, etc., Cement Co., for $50,000, subject, it is said, to aggregating $1,400,957. A settlement was previously reached with George Barrie (who brought the injnr ticn proceedings) through purchase of his $41,000 bonds. Moi-t of the securities, it is said, are now owned by persons idertin'ed with the Alpha Portland Cement Co. (see that corrpany below).—V. 80, p. 2625. ( New Milf«rd (Conn.) Power Co.— Ntto Mortgage.—-The Connecticut Legislature has authorized this company to make a new mortgage to secure $2,000,0C0 bonds, of which $1,000,000 will be reserved to refund the present outstanding iesue and tbe remainder to cover the cost of improvements and adfurther empowers the company to sell or property and franchises and also to acquire or lease the property of any other electric-light, power or street railway corporation.— V. 80, p. 119. The dition s. lease its , bill 563 Estimate for 1005: Oross earnings. $49,000; net, $44,000; interest on bon'ls, $15,000; surplus applicable for dividends or extensions, $29,OOO. The new reservoir and pipe line, (not In operation last year) will enable the oompany to snpply a (arte existing demand. Property Includes: Watershed comprising 8.600 acres of timbered land, and all water iltihts for all time; two Impounding reservoirs In Sogarlte Oanon,7 miles from Raton, with oapaclty of 85. OOO, 000 gallons of fine mountain sprint; wither; seven miles of 1'2-lncli pipe ltne, dally capaolty 1,T»0,0 O gallons, more than double the present amount used; eqiallzlog reservoir, street mains, hydrants, etc San Francisco Breweries Co.— Payment of Arrears of Dividend, A divld-nd of 4 p. c. has been declared on tbe preference st^ek, payable Sept. 1. Also, in accordance with a resolution of the directors, the shareholders were to vote on July 28 on a proposition authorizing the payment on Sept. 1 of the balance of arrears of the preference dividend (3s, 2 2-5d. per share) by the distribution of £5 040 in cash and £15,120 m 6 p. c. income bonds, redeemable by five annual payments. It is proposed in future to set aside, after payment of the preference dividend, 10 or 15 p. c. of the total annual profits for the purchase of debentures. For the year ending Apr. 1905 tbe report, it is stated, shows : Sale of beer, 231,431 barrels, as oompared with 231,142 barrels sold last year, an Increase of 289 barrels. The net profit, aft* r making all neoessary reserves for bad and doubtful debts, agency properties, etc but without making any further provision towards the new brewhotise, is 427. M 6. Including £4,302 brought forward, the profits amount to £31,818. From this there was paid on iMarch 1 an Interim dtvldend of 4 p. o. on preferenoe shares. £\040, and tho directors now reoommend a further preference dividend of 4 p. o. (making 8 p. c. for the year), £5,040.-V. 69, p. 757. — Santa Crnz Portland Cement Co.— Bonds.— This company, incorporated in California on June 27 1905 with $5,000,000 of authorized capital stock, in shares of $100 each, has called a meeting of its shareholders for Aug. 31 at the Crocker BuildThe ing, San Francisco, to vote on issuing $2,000,000 bonds. company was promoted by Dr. Irving A, Bacbman of the Standard Portland Cement Co., and will build a cement plant on San Vincente Creek, 12 miles from Santa Cruz. Directors: W. C. Webb. Edwin Schwab, W. S. Diwninsr, W. N. Hohfeld and A. F. Morrison, all of San Francisco. Frank A. Losh is Secretary. Office, San Francisco. Snreveport Brewery.— Mortgage,— A mortgage has been the People's Bank of Mobile, ss trustee, to secure an issue of $125,000 bonds, denomination) $1,000 and $500 each, due in thirty years from June 1 19C5. filed to s lire report (La.) Gas, Electric Light & Power Co.— New filed a mortgage to the American Trust & Savings Bank of Chicago, as trustee, to secure $1,000,000 consolidated mortgage 5 p. c. gold bonds, of which $500,000 are reserved to retire at or before maturity a like amount of 5 p. c. botds authorized in 1902.— See V. 76, p. 162. Mortcage.—Th\8 oompany has North American Biscuit Co., Chicago.— New Stock.— This Jeraty corporation (oommonly known as the LooseStandard Telephone & Telegraph Co Doylf stown, Pa.— Wiles Co.) has called a meeting of its shareholders for Aug. Sole August 12,— This company's property will be offered for 15 to increase the capital stock from $1,500,000 preferred and sale at auction at the Bucks County Trust Co. on Aug. 12. $3,0C0,000 oommon to $3,000,000 preferred and $6,COO,000 under order of the Court of Common Pleas of Bnoks County. New , common. -V. 79, p. 631. ^orth Ame ican Co.— Bonds of Subsidiary.— See West Street Car Builders Consolidation.— Proposed Plan.— A. Kentucky Coal Co., below.— V. 81, p. 35. plan has been formulated for the consolidation of the leading Ogilvle Flour Mills Co., Limited.— Istue of Prefernd street car builders of the United States, namely: Stock.- Tbe new issue of preferred stock, being the balance J. G. Brill Co.. Philadel. (V. 80, 713), John J. Cnmrulngs Car Co.. Paris, III., of the |400,COO remaining in the treasury, it is announced, has all been taken up by the shareholders to whom it was offered the subscriptions being payable $25 a share on Jaly 27, $25 on Aug. 27, and the last pajment of $50 a share on 8epr. 27.— V. 81, p. 85. Ohio Fuel Supply Co.- New Sto:k.— The shareholders will meet in Columbus, O on Sept. 5, to vote on a proposition to increase the capital stock from $4,000,000 to $8,OCO,000. Toe increase, it is said, will be used in extending the mains of the company to Cincinnati and vicinity and also to purchase seme additional gas properties.— V. 80, p. 1061. , Omuha(Neb.) Water Co.— Injwncti on Denied.— Judge MonUnited States Circuit Court at Omaha on July 28. denied the application of the company for a temporary injunction to reetrain the City Water Board from enforcing an order reducing oerrain meter rates below the maximum prescribed in a certain ordinance of the city of Om^ha paea^d Jnne 11 1880- namely from 35 to 25 cents per 1,030 gallons for small consumers. The new rates affect meters only, and a minimum, of CO cents a month is established. One of the attorneys for the water oorupauy is quoted as saying: " There is no appeal from Jadge Monger's decision."— V. 76, ger, in the p. 1411. Rand Raton Co., KUzabeth, N.J. (V. 80. p. ^lfl). Laclede Csr Co.. St. Louis. Malleable Casting Co., St. Louis, Ameri'n Car Co., St. L. (V. 75. p. 1356), Cincinnati Car Co.. Cincinnati, St. I.OUls Car Co., Wason Mfg. St. L. V. ho. p. 189), Co.. Springfield. iss.. Osgood Bradley ( & M Sons, Worcester, Jewett. Cur C".. Newark, Ohio J. M. Jrnea Sons, Agents, Troy, N. T., Laconla Car Co.. l.aconia, N. H . McGuIre Cummings Mfg. Co Chicago, Pecsham Mfg. Co., Klrgstrn. N. Y , >Niles Car p. 018), Mfg. Co., Nlles. Ohio, (V. 76, Journal Bearing Co., St. Louis. Easy Access Door Co., Boston. Mass,, According to the plan as now contemplated, it is proposed to capitalize the consolidated company as follows: First mort. and coll. trust s. t gold 5 p. o. bonds, authorized issue $13,000,000 Of which present Issue $11,000,000 Reserved for future improvements and acquisitions 2,000,000 Preferred stock, 6 p. o. cumulative IB, 500.000 Common stook 27.50O.CO0 .. Note— The syndicate below referred to as in process of formation will, it Is stated, If ths present plan Is consummated provide $15,400,000 oash and receive therefor: 5 p. o. bonds. $8,6ro,0O' preferred stock, $10, 00,000; common sto?k. *6,30O,n00. Participants in the syndloate for each $100, COO In oash will receive approx'mately: Bonds, $56,1»5; pref. stock, $66,883, oommon stock, $40,909 The plant owners have agreed to accept a large part of the purchase price In oommon and preferred stook. . ; The average annual net earnings for recent years of the companies above named are stated as fl 233,391, and last year's earnings as $1,8£1,710. It is estimated that the for the first year will earn net about $2,400,000. new company Drill Co.-Consoi'cZa//o?i.— See Icgersoll-Rand Co. above.— V. 81, p. 36. (N. & & Co. of New York are the manawhich is underwriting the consolidation under an agreement dated July 24, and runniDg until Aug. 1 1»06, but subject to exteneion to Aug. 1 1907 at tbe option of Kean, Van Cortlandt gers of a syndicate M.) Water Works Co.- Bonds, Etc.— E. D. C>., York, hnve b<en placing at 98 and interest $300,000 5 p. c.*first mortgage bonds, dated Feb. 1 19(5, due in 30 years from date, redeemable at 105 after 15 \eirs; interest Feb. 1 and Aog. 1 a-, Manhattan Trust Co., Y. Capital stock, $310,000; bonded debt, authorized, $3*0,000 of which ist-ned for extensions, $100, 000 remainder, $300,. (00, iesned to retire first 6s called.for redemption Mar. 1 1905. This pl»nt has been in operation for some 13 years, and trie company haB always met Its obligations. circular says: The cctnpany owns all the water available or of suitable quantity cr quality to tnpply this growing seotlon. ai d also owns the land surrounding the eoorce of supply. The. well warer found at Baton is alkaline and ui fit for manufacturing or private uses. The business la th'ref ore a monopoly Being a gravity system the expense of operation Is small. Net earnings for year ending May 1 1905 $31. ISP. Shepard John Stephenson Car New N ; ' ' A A considerable amount of the underwriting, understood, is being taken abroad The underwriting, it is said, must be completed by Aug. 15. Q. Martin Brill, President of the J. G. Brill Co., is quoted as expressing his willingness to accept the presidency of the oompany as desired, provided certain conditions are complied with. The new company, it is said, will begin business with qniok assets consisting of cash, accounts receivable, raw materials and cars, etc., in process of construction, of the value of about $6,400,000. The production of the oonnoHdated plants is estimated at about $15,000,000, on which a savin*? of 10 p. c, or $1,500,0C0, It is thought should be made by the reduction of expenses. A number of the plants the managers. it is THK CHRONICLE. 504 are equipped for turning cut freight care. The promoters of the coneolidation are Eiward Harrison Power and William T. Van Brunt. Tribune Association, New York.— Mortgage,— A mort- gage has been mada to the Metropolitan Trust Co.. N^w York, covering the properties No. 154 to 158 Naseau St., No. 164 Nassau St., Nob. 5 ai.d 9 Frankfort St,, also leasehold property at No. 7 Frankfort St., to secure an issue of $1,500,000 of 5 p. c 40-year full registered gold bonds. association i«i organized under the laws of New York, its oapital belDK at last accounts $20 .000. The bonds are dated May 23 i905 and due July 1 1945. but subject to call at any time on 30 days' notioe at 105 and interest and, beginning July 1 1915, on any interest day, neon 6 months' notice, at par and interest. Denomination. $l,00o. Int. payable quarterly Oct l at office oi association, No. 154 Nassau 8t. The & Union Bug & Paper Co.— Bonds Offered.— Harvey Fisk Sons, having purchased the present issue, $2, 200, 000, of the first mortgage 5 p. c. gold bonds and haviog sold a large amount of them, are offering the remainder at 9834 and interest bv advertisement on another page. See V. 80, p. 2402, and V. [Vol. lxxii. Co. (V. 81, p. 289,) has made a mortgage to that $3,000,000, dated June 29 1905.— V. 81, p. 269. company for United Telepho ie & Telegraph Co. of Pennsylvania.— ndi Offered. -H P. Taylor & Co. of Pittsburgh art) offering (i) at 95 and interest $250,000 of this company's ou standiug ($l,7(6,0n.) first mortgage 5 p. c. 30-year gold bonds of 1901 (aee V. 78, p. 829 ) and (2) at 97}^ and interest $250,000 bonds of the Comberland Valley Telephone Co., principal and interest guaranteed by the United Telephone & Telegraph Co., of which $1,199, COO have been issued (see V. 79, p. 2752). The combined statement of earnings for the constituent companies for the four months ending April 30 1805 B f show: Gross, $160 196; net, $76,5*>5: fixed charges, f 53,635; balance, surplus, $22,920. See V. 80, p. 1427. Utah Copper Co. New Bond*—The directors, subject to tbe approval of the shareholders, have autioriz-td an insue of $3,000,000 bonds to cover the cost of building a new smelter and a railroad between the plant and the mines See American Smelting fining Co. above.— V. 79, p. 906. &R 81, p. 269. Wallharn (Mas*, Gas Light Co.— Contract,— See MassaGis Companies above.— V. 73, p. 856. j Union Oil Company, California.— Holding Companies.— See Uoion Provident (Jo. below and Uaited Petroleum Co. on chusetts West Kentucky Coal Co.— New Bonds.— This company, whose stock is owned by the North American Co., will issue Report.— See page 557 of this issue. $2,000,0 )0 25-year 5 p. c. first mortgage bonds, covering the Acquisition?.— Tbe company, it is announced, has purchased property recently acquired and referred to at length in the a controlling interest in the California Coast Oil Co. for a annual report of the North American Co. See V. 80, p. 2826. sum stated to be over $100,OCO.— V. 80, p. 655. This snbtidiary company will give the North American Co. Union Provident Co., California.- Holding Company.— an assured and economical coal supply for its St. Louis gas and steeet railway properties. Tne authorized issue of the A press dispatch from Los Angeles on June 21 1905 said: page 557. holding company to take over a majority of the stock of the Union Oil Co. and to carry out the purposes of that corporation has been Incorporated under the name of the Union Provident Co. The directors, all of whom are heavily interested in the Union Oil Co., are: Lyman Stewart, W. T. Botsford, Frederick H. Rindge, Giles Kellogg and Hughes of Los Angeles and J. 8. Torrance of Pasadena. The W. oapital stock ls$5,000,OuO, with $202,000 subscribed. The new company will seek to acquire at least 50,000 shares of Union Oil stock, which Is a majority at par value. bonds is $5,090,000, but only $2,000,000 will be required for the present acquisition. The North Amarican does not guarantee the bonds. V. 81, p. 36. This company's $5,0<»0.000 preferred stock has been listed on the Boston Stock Exchange. The preferred stock is entitled to 6 p. c. cumulative dividends, and may be retired on any dividend day at $125 upon three months' notice.— V. 81, ers, it A — West San Pablo Land & Water Co.— Mortgage —This G company has filed a mortgage at Mirtineze, Cal., to tne Union Trust Co., of San Francisco, as trustee, covering, It is said, 72 72 acres to secure an issue of $300,000 bonds. The company Compare reports of Union Oil Co. and United Petroleum was incorporated in 1904. The President is RibertS. Brown, President of* the Wiokersham Banking Co. of Petaluma. Co. on page 557. Wheeling Roofing & Cornice Co.— Bonis.— The stockholdUnited Copper Co.— Preferred Stcck Listed in Boston.— p. 216, 36. ia stated, have authorizsd the issuance of f 100,000 bonds to improve the company's plant at Stee'ton, The company was incorporated in 1900 with $50,001 capital stock, which in 1908 had bee'i increased to!$li!3,000, of which $7,000 was preferred. On Sept. I 19J3 it was voted to increase the capital stock to $200, 00. The company's plant is at New Martiosvllle, W. Va. President, A. W. Gnmu: Secretary and Treasurer, G. C. Jansen. Office, Chapline St.. Wneeling, W. Va. — Zoltner Brewing Co. —Mortgage. This company has made United Iilnm'nating Co. of Maine.— Status of Company. company was incorporated in Maine Nov. la 1904 a mortgage to the Manhattan Trust Co., trustee, covering with $1,000,000 of authorized capital stock, of which $510,000 property on 170th St., north side, 100 feet east of Third Av. was 6 p. c. cumulative preferred (par of shares $100), and (dimensions, 280ft.xl89x282xl87), to secure an issue of $250,acquired nearly all of the $145,000 common stock and $73,200 000 6 p. c. bonds, dated May 1 1995 and due May 1 1930, eubpreferred stock of the following companies, whose bonded j ct to prior mortgage of $70,000.- -V. 79, p. 23' 0. —This debt aggregates $74,500, issuing for that purpose its present capital, viz,: $133,500 common and $77,600 preferred stock Eastport (Me ) Electric Light Co. Farmington (Me.) Electric Co. Belfast (Me.) Gas <fc Electric Co. Fort Fairfield (Me.) Electric Co. Windsor (Vt.) Gas Co. N. Curtis Fletcher & Co., Boston and Providence, who offered the preferred shares at par, said : Provision has been made in the present issue to complete the purchase of the few remaining eh ires of the subsidiary companies which are now outstanding. The United Illuminating Co. guarantees the bonds of the subsidiary companies, both principal and interest. The gross earnings of the combined companies are $13,58*; net earnings of the combined companies are $13,649; interest on the bonos amounts to $3,725; earnings applicable to dividends are $3,924. The population served is 19,441. The property of the companies is valued at $29 2,700. The stock remaining in the treasury of the United Illuminating Co. is for the purchase of additional properties as rapidly as de- Fisk & Sons have purchased $2,2^0 000 of the mortgage 5 per cent gold bonds of th*> Union Bag & Paper Co., and, having sold a large amount of them, offer the remainder at 98}^ and accrued interest from July 1. The total amount of tuese bonds authorized is $0,000,100. and the amount taken by the bankers is the total amount issued. Tne bonds mature in 1930 and aresubjoctto redemption at The net earn105 per cent and interest on any coupon date. ings of the oompany for the Is a*; six years have averaged, it —Harvey first aanum. See advertisement page 269. — Messrs. Crane, Parris & Co bankers, of Washington, D C. have compiled a booklet containing a select list of marketsirable opportunities are presented. Direct rs- Chanes E. Ballon, Woonsocket; Henry G. Thresher,; Prov- able bonds. The selection comprises railroad and street railway All the idence; John A. Gale and George H. Poor, Boston; Philo E. Thayer, bonds, including some asking :on properties. Pawtuoket; Frederick N. Dow, Portland, Me.; N. Curtis Fletcher. essential details of these securities, with prices, are arranged United Light, Fuel & Power Co., San Diego, Cal New in a convenient form for ready reference. Copies of this Company —This company, incorporated in California on booklet may be had upon application at the firm's office?, Dec. 15 1904 with I5W.O0Q capital stock, of which $480,000 604 14th St., N. W., Washington, D. C. was subscribed for by John D. Spreckles, took over on Jaly 1 —Redmond & Co.'s monthly investment list is printed in tothe electric light business, whicn it recently purchased from day's Issue on pagu xiv. The list is male up from an assortthe San Diego EU ctric Railway Co. Officers ment of high-grade securities carried by the firm for investPresident, J. D. Spreckles; Vice-President and Managing Director, ors desiring only investments tnat can be recommended by a William Clayton; Secretary, Treasurer and Attorney, Harry L. Titus. firm doing an investment business of the first class. It conUnited Sheet & Tioplate £o.~Reorganzd Company.— sists of a good variety of steam railroad bonds with a This company was organized under the laws of Ohij un Jane sprinkling of other issue3 and should be carefully studied. —In the card of Ever?z & Company, Chijaso b*n8ers, In 6, with $7511,000 anthoriz d capital stock and an authorized issue of $3< 0,0(0 6 p. c. 20-year gold bonds, as successor of the last issue of the Railway and Industrial. Section, their the West "Virginia company of tha same name, a settlement New York offioe location was inadvertently omitted. This having been ff cted with its creditors. Directors: well-kc.own hous^ has had a branch offise in New Y >rk at W. S. Ravensoroft, President, RMgeway, Pa.; M F. Straus, Vioe- 111 Broadway for several months past, u dor the managePres., Philadelphia; D. O. Taylor, Cambridge, O.. Sec M. S KUne, ment of Mr. E, S. Ballavd, dealing in G wernment, railroad Ridgeway. Pa., Treas.; D. A. Garden, Steubenville. O., Manager; H B. and other high-grade investment securities. Stewart, Canton, O J S. Black, Cambridge, O., and J. E. Eller Canton, O. Office, Pittsburgh.— V. 77, p. 827. —Messrs. Crawford, Dyer & Cannon, 1 Nassau St., memCntted Shoe Ma hinery Corporation.— Amount of Stock bers of the New York Scock Exchange, have lately prepared Acquired— Time Extenaea.— This company, it is announced, a classified list of short-time investments which they are has acquired over 95 p. c. of the outstanding shares of the cff -ring to investors. The circular is for general distribuUnited Shoe Machinery Co. of New Jersey, and has expended tion. The firm will furnish a monthly list of current quotato Aug 19 1905 the time within which shares of the United tions on these securities to all those who desire them. TeleShoe Machinery Co. will be received per plan in V. 80, p. phone, 5,468 Cortlandt. 1862, 2463. —An analysis of the New York State law relating to savUnited States Express Co. -Mortgage Taken from Svbsid ings-bank investments has been prepared by Wnite & Kemiary Company — Tbe United States Express Rralty Co., the ble, 56 Ptae St. Price, $15. subsidiary company that has begun the construction of the Everez & Co. of Chicago have opened a New York office new 23-story office building for the United States Express at 111 Broadway. is stated, more than $^0^,000 per on another page; also Chb >NiCi.E July 22, , , W — : t - : , — — 1 AUG. — . — THE CHRONICLE. 5 1905. 5(i5 COTTON. £hc ©omnucmal limes. Friday Night, August 4 THE MOVEMENT OF THE CROP COMMERCIAL EPITOME. Friday Night, Aug. 4 1905. Receipts at — Thurs. Wed. Tues. lion Sat. given below. Aug. Lard S.L'iis r.'.'.iso bags bags 1S.000 3. 43'.', 734 mats 114,151 22,000 3.476.994 114.166 sucar .bags 384.350 121 1.34S.339 1.015,563 None None hogsheads - bags. etc. - -es, toreign - Hides Cotton Rosin - Spirits of. ..hogsheads --No. turpentine Rice. Kast India Rice, domestic Linseed - Saltpetre - 147.(108 19,994 455 82S bags pockets -bags bags Manila hemp. 3.200 43.000 None bales bales bales hemp Sisal 12.500 bales barrels barrels barrels Tar Jute butts Flour barrels & 3S3.733 370 None 337.406 350 5.800 40.113 17.555 1.600 2.571 1,500 40,000 None 248 548 51,955 64.700 i 19,900 125.452 13,411 1,140 1,059 3,000 50,000 47.042 1.689 None sacks 7.316 22 H in 2,321,305 106.366 413.753 339 6,329 2,318 1,932 None None 70,800 72,800 DAILY CLOSING PRICES OF LARD FUTURES IN CHIC\GO Mon. Sat. October delivery. 7.32^ 7.35 7.35 7.20 Tues. 7.35 7.40 7.20 Wed. 7.42M 7.37^ 7.52^ 7.50 7.47J4 7.60 Thurs. Jan ._ 1,282 ""73 "248 l",819 "905 f,ii6 10",219 388 388 57 2~,046 147 786 363 3", 10S 295 168 138 2~991 2~,228 2".i6I f.266 2~025 Charleston "38 "285 IS!) ~199 "253 Pt. Royal&c. Wilmington .. Wash' ton, &c "381 "699 "in "247 l",747 2~932 f,768 l",751 Norfolk Newp't News. New York Roston "57 Baltimore &c. Philaclel'a, week. Tot.il, "464 "450 ""77 ""82 0,500 15,350 "71 10,982 328 ""5 "85 27 1,399 27 12,291 13,738 74,337 153 12,476 2", ""5 404 The following shows the week's since Sept. 1 1904, and the stocks 397 fl 7.80c 7.45c. July total receipts, the total to-night, compared with last year. 1904-05. Aug. 4. Galveston Port Arthur, &c. New Orleans Mobile Pensacola, 320 2,339.596 290,604 13,241 ,826,808 328 200,429 220,178 902 373,078 122 776,374 27,321 33,407 79,666 61,741 13,576 104,029 2,361 1,996,507 630 200,028 132,853 558 1,144,586 120,760 "l 155,448 1,290 321,413 ,642,216 325,346 204,892 1,282 &c Wilmington .. Washington, &c_. 1,819 10,219 Newp't News, &c. New York Boston 388 57 1,399 27 Baltimore &c Philadelphia, 397 . Totals Since Sep 1 1904. This week. ,772,691 Brunswick, &c N'orfolk. Stock. 25,195 1,417 16,230 2,338 &c Savannah 1903-04. Since Sep 1 1905. This week. Receipts to 336 482,509 961 163 147 1905. 1904 84,223 3,929 61.248 3,715 30,882 358 44,495 3,257 4,711 12,668 ""548 6,673 289 "l9~,616 V.890 21,979 18,780 151,280 32,376 2,998 30,502 2,128 14,526 3,525 38.588 2.277 648 829 5,953 7,117,518 387,869 92,906 322 284 198 74,337 9,849,351 In order that a comparison may be made with other years, we give below the totals at leading ports for six seasons. 1905. Receipts at Galv'n, &c_ Mobile . Since Sept 1 1904. 26,612 16,230 2,338 13,241 1,282 NewOrleans good Cucuta and 11J4@11J^c. for good average Bogota. Savannah . Speculation in the market for contracts has been moderately Ch'ston,&c. W ilm'n, active and prices have advanced on comparatively light Norfolk &c Brazilian receipts and the firmness of the Brazilian market. N.News, &c All others.. Close was steady. Following are the closing asked prices: Aue 7.00c. Nov 7.30c. March 7.60c. Tot .this wk 7.10c. Dec 7.40c. May 7.75c. 7.20c. 18 5.639 4",004 Charleston Port Royal, Fri. 7.20 December delivery 7.10 7.17M 7.20 Pork has had a fairly good sale and prices have been firm, closing at $14@15 for mess. Cut meats have been quiet but steady. Tallow has been more active, advancing to 4j^c. Cotton-seed oil has been in fairly brisk demand and firmer, closing at 30@303^c for prime yellow. Butter has advanced, selling up to 22c. for best creamery. Cheese has been firmer, closing at lOJ^UHc. for State factory, full Fresh eggs have been steady. cream. Brazil grades of coffee have been firmer. Offerings of the 4 grades and poorer have been light, reflecting small stocks, and with an increasing trade demand prices have advanced. The close was firm at &%c. for Rio No. 7 and 9 l-16c. for Santos No. 4. West India growths have been in fairly active demand and at hardening values, closing at 9J^c. for Oct 13",241 2.825 1~,309 None Lard on the spot has been quiet, but there has been no pressure to market supplies and prices have held steady. The close was firm at 7.60c. for prime Western and 7c. for prime City. Refined lard has had a fairly good sale and prices have been firmer, closing at 7.65c. for refined for the Speculation in lard for future delivery has been tinent. moderately active, and on a decrease in the world's visible stocks, prices have advanced. |The close was firm on buying by packers and in sympathy with an advance in hogs. Septe'ber delivery 7.25 696 328 6.306 Brunsw'k, &C 1. .Total. 25.195 1.417 16,230 2,338 4.525 3", Savannah 1904. Aug. 1. ..tierces - Coffee. Brazil Coffee. Java, etc Coffee, other July 1. Fri. 4,285 1,417 1,923 1,287 1,615 Galveston Pt. Arthur, &c New Orleans.. Mobile Pensacola, &c. 1905. 1905. Stocks of Merchandise. by our For the telegrams from the South to-night week ending this evening the total receipts have reached 74,337 bales, against 97,193 bales last week and 104,182 bales the previous week, making the total receipts since tin 1st of September 1904 9,849,351 bales, against 7,117,518 bales for the same period of 1903-4, showing an increase since Sept. 1 1904 of 2,731,833 bales. is The condition of business has continued fairly satisfactory, there being a fair amount of activity for this season of the year both in thewayof new purchases and takings on outstanding contracts. The outlook for an active condition of trade during the fall season is quite generally reported as promising, and evidences are accumulating of buyers preparing to enter the market to cover their requirements for the As a general rule values for merchandise ason. reflect the healthy condition of business, they being well A special feature has been unusually free maintained. buying of copper, on which prices have been advanced. Pig iron has been reported in slightly better demand for delivery during the last quarter of the year. l'JU">. as indicated 1902. 1903. 320 1901. 2,361 436 540 2,285 2,382 630 558 4 61 402 225 1 194 1,038 55 1.566 5 1,362 11 66 83 11 1,654 6.546 444 673 529 18,002 4.515 44 19 125 2,208 370 2,517 74,337 5,953 1,599 11,946 388 3,555 4,843 35 1,275 2,249 8 961 163 951 1,819 10,219 1900. 458 9,849,351 7,117,518 7,636,328 7,449,025 7,523,346 6,537,016 Raw sugars have been unsettled, but the close was firm at 4 3-32c.for centrifugals, 96-degrees test, and 3 15-32c.for muscovado 89-degrees test. Refined sugar has been active higher, closing at 5.20c. for granulated. Pepper has advanced on shorts covering. atucky tobacco was quiet and the tone of the market unsettled. Seed leaf tobacco has been firm, but quiet, buyers waiting for offerings of new crop to come on market, they being due by the end of the month. OccaK iona of old tobacco have been made at full values. tra tobacco has been in moderate demand and firm. Havana tobacco has had a fair sale at full values. ly in the week price- for Straits tin were higher, but at prices were declining under profit-taking sales by interests, and quotations were 32.62Mi@32.87Mc. copper has been in active demand and prices have adclosing at 15.30@15.50c. for bake and L5.35S -. for electrolytic. Lead has been firm at 4.(>0f» ».7u<\ Spelter has advanced, closing at 5.60@5.70c. Pig iron has been in limited demand, closing steady at 815 7.", for No. 2 rthern and Sir, 50@$15 75 for No. 2 Southern. II fined petroleum has been in good demand and firm, 6.90c. in bbls, 9.60c in cases and \c. in bulk. idy at lie. for 71 degrees and Lc. for ,l "r balances have been steady, closing a1 L 1.27c. Spirit- turpentine has been in light supply and timer, closing at 62J$c. for machine bbls. Rosins were in fair d-rnand and Bteady at $3 ."" for common and d strained. Wool firm. Bops have sold at steady prii , I The exports for the week ending this evening reach a total of 62,967 bales, of which 46,188 were to Great Britain, to France and 16,779 to the rest of the Continent. Below are the exports for the week and since Sept. 1 1904: Week ending Aug From 4 1905. Sept. Exported to Exports from 1 Great Britain Fr'nee Continent. 1 1904 to Aug 4 1905. Exported to Total Great Week Brttaln. France | Contlnent. Total. • • Galveston Pt. Arthur. Ac. Orleans . Mobile New 859 214 8.073 1,201,492 284,532 656 4",808 19.364 1,102,911364.222 73,683 46,803 115,724 "22.172, 7.265 275.817 51,489 159.472 3.379 61,385! 11 Pensacola, 4c. Savannah 7.265 Brunswick Charleston Port Royal . ' Wilmington Norfolk 6 0,000 4G4 01)11 n,i VportN'ews.&c \>'.v York 21,2.'i . 5 5 B0 i Baltimore l 1,553 7. 2",272 5,853 8.176 667 007 I ran, Ac. Total 1003-04. I 331.037 100.166 138,320 9.654 14.110 61.62 62.8 ' 824.346 1.251,662 166,418 6 9 16 77,990 74.617 166,846 B, 359,048 107 I"" 624,046 39,854 I 1,769 5,624 66 I'lilladr-lphla .. San 182,5491 1,200 671.2002,217,284 102.29s 16 932,022 2,400.056 40, Iks 7,470 16 77!' 1.001 65 7 I 13 0.001 7,03 l i ' - [ ) - In addition to above exports, our teli fco-nigh.1 also give us the following amounts of cotton on hipboard, nol l. at the port- named. We add similar figun New York, which are prepared for our spei ial use by M Lambert & Barrows, Product E change Building. THE CHRONICLE. 50G On SMpbdard, Not Cleared for [Voi. FUTURES. — Highest, — LXXXI lowest and closing prices at New York. Aug. 4 Oer- Qrt ni at- liritain France many. Other Coast on wise. i i07i Leaving Total. stock ^ u- 2»S QWS 2~?2-2 2~: Qs:~ QWS'QSfS.SWl QW© 2^5 2»S o ~ c ~ s £ & o P £Lo k o & s Q P 3 o S o P £* O S O P £ o & s B5 o 5a 3S agB6"g53 53 5 55 ; New 5,650 3,416 2,660 25,080 Orlea Galveston Savannali Charleston Mobile Norfolk 186 6,021 398 1,695 267 4,755 1,300 1 4,215 I 1,01 46,334 36,010 38,980 1 18,213 5,515 ' 1,800 1,900 13,000 LOO ''-, m? 5~,666 3,500 coo 1 ,000 1 ,500 500 38,040 2,349 Total 1905.. Total 11101 Total 1903.. 9,666 105 3,904 20,595 1 ,448 3,673 300 8,088 617 19,553 2,718 ,850 400 1 1 ,8 1 Fair 95,942 201,027 7,237 85,669 9,827 202,874 Good Middling Tinged Strict Middling Tinged Middling Tinged Strict Low Mid Tinged off Low Middling Tinged off Strict Good Ord. Tinged off Middling Stained 1 .00 off Strict Low Mid. Stained 0.30 on Low Middling Stained official prices for a few of the c- Middling Fair Good Middling Good Middling Strict Low Middling Low Middling Strict Good Ordinary Good Ordinary Strict Good Mid. Tinged Strict 1.30 0.96 0.62 0.44 0.14 0.38 0.72 on on on on Even 0.06 off 0.12 off 0.34 off 0.50 off 0.84 off 0.50 off 1.06 off 1.50 off . | this basis the grades for the past week would be as follows: UPLANDS. Good Ordinary Low Middling Middling Good Middling Middling Fair GULF. Good Ordinary Low Middling Middling Good Middling ... Middling Fair STAINED. Sat. Mon. Tues. Wed. Thurs. 10.10 10.72 11.10 11.54 12.06 10.00 10.62 11.00 11.44 11.96 9.85 10.47 10.85 11.29 11.81 9.95 10.57 10.95 11.39 11.91 Sat. JYlon. Tues. Wed. Thurs 10.35 10.97 11.35 11.79 12.31 10.25 10.87 11.25 11.69 Sat. Low Middling 9.60 10.60 Middling Strict Low Middling Tinged 10.76 . 11.10 Good Middling Tinged 10.00 10.62 11.00 11.44 11.96 12.21 10.10 10.72 11.10 11.54 12.06 10.20 10.82 11.20 11.64 12.16 Mon. Tues. Wed. Thurs 9.50 10.50 0.66 11.00 9.35 10.35 10.51 10.S5 9.45 10.45 10.61 10.95 I 10.25 10.87 11.25 11.69 12.21 9.50 10.50 10.66 11.00 Fri. 9.70 10.32 10.70 11.14 11 .66 Fri. 9.95 10.57 10.95 11.39 11.91 Fri. 9.20 10.20 10.36 10.70 for middling upland at New York on 4 for each of the past 32 years have been as follows: 1897. c. 1889-c.ll 5-16 1905.c_10.70 1881. c_12 1-16 1896.. 1888. ..11 1904. ..10.45 1880. .11 9-16 7Vi 1887. .10 1895. 1903... 12. 75 1879. .11 3-16 7% 6 15-16 [1886. 1902. ..8 15-16 1894.. 1878. .11 15-16 9^ 1885. .10^ 1901... 8 1-16 1893.. 1877_ .1111-16 7Vs The quotations Aug. . 9Vs &Ys 6 1-16 1892.. 1891.. 1890.. 7% 8 12K 1 1884. .11 1883. __ 1034 1882... 13 1-16 MARKET AND 18761875. 1874. .12 -14^ .17 l« ® — I© -I _ —— -to — — — O ® % t 00 ~ — 01 —— I CO - I ~ ,-,- __ — 00 CIO / O' 10 I <o © — the market for spots and futures closed on Futures Market Closed. Closed. Sales of Spot Export. pts. adv. Steady pts. dec. Barely Steady pts. dec. Steady pts. adv. Steady pts. adv. Steady 30 pts. dec. Very steady. Saturday.. Quiet 5 Quiet Tuesday .. Quiet Wednesday Quiet Thursday . Quiet Quiet Friday Total 10 15 10 5 _,. — c -' -1 c— - r© I i © g © I ® I —^ A- li I© I© CO CO ~JtO c O cc OO CO CO OO CO -1 tax 00M ccco ti-O Consum* n. and Contract. Contract. Total. 25 25 30 1 1 ,800 11,830 10 31,200 31,210 85 85 "200 200 1,500 1 ,500 150 44,700 44,850 §Si I® — - I -y. 00 I '£"5 C_ C— CC) C = 00 ~JtO tnCn CO 000 i;c CO CO CO OO CO 00 en .990 CO cC-J -I © I© a 00 tiO 10 5- - to y. <o*- to 1 iit O'O ® § I I— >u I- CiCV< 00^1 — li lilC 5 ® I® I® I® I® I® I® s Ml- H-O H-HCO CO 00 00 o-o 00 co cc-o 00 OCT cox CChtoo u-1 - — oc 00 00 00 OO CO CO- OC CO - " •5=: i • n I0.~ OS cc too to CO -Jlv ccco 00 co to OS - ® I® ® I® O— CO O— OO too toco too 00 00 00 O^I 000 00 OS 00 00^1 00 OS SO o = i =, ® - cc CO CC CO 00 - CM O^J - CC CO 00HCO CSCn •? Si ; -ax 00 ^ItO 10 X o 1 '— a> f *.OS 00 CO CO cc OS CiCO OS CO J— to C4 (0 I® I® CO & o CSM OS OS tO -s- *.0O — OS ® CO >—IO , ® 3 ' CO CO OO CO cc cc OS CiOS - - *.*. V 00 o ecu xo 10 ® =s = X I® 8 X tOI o r5 _— Csos cc-i = -JCn I® X o ® 1 I OO OO CO ceo coo 00 toOS Cn J^ MO ceo % ccx OtOS I® 00^1 O^l c THE VISIBLE SUPPLY OF COTTON to-night, as made Foreign stocks, as follows. as well as the afloat, are this week's returns, and consequently all foreign figures are brought down to Thursday But to make the total the complete figures for evening. to-night (Friday), we add the item of exports from the United States, including in it the exports of Friday only. August A— 1905. 1904. 1903. 1902. Stock at Liverpool bales, 766,000 318,000 371,000 537,000 up by cable and telegraph, Stock at London Stock at Manchester is 17,000 52,000 28.000 27,000 16,000 36,000 18,000 835,000 14,000 227,000 3 ,000 373,000 41,000 109,000 4,000 106,000 4,000 35,000 15,000 18,000 423,000 34,000 114,000 4,000 98,000 3,000 17,000 19,000 16,000 555,000 20,000 73,000 5,000 106,000 3,000 32,000 14,000 9,000 369,000 332,000 305,000 262,000 Total European stocks 1,204,000 India cotton afloat for Europe. 142,000 Amer. cotton afloat for Europe 195,000 Egypt, Brazil, &c, aflt.for E'pe 20,000 Stock in Alexandria, Egypt 73,000 Stock in Bombay, India 730,000 Stock in U. S. ports 387,869 Stock in U. S. interior towns. _ 142,195 U. S. exports to-day 13,798 705,000 78,000 55,000 20,000 75,000 401,000 92,906 67,958 5,594 692,000 97,000 30,000 14,000 12,000 491,000 212,701 16,652 72 817,000 31,000 91,000 16,000 50.000 384,000 182,409 64.926 5,653 Total Great Britain stock Stock Stock Stock Stock Stock Stock Stock Stock at Hamburg at Bremen at Antwerp at Havre at Marseilles at Barcelona at Genoa at Trieste 1,000 88 ,000 3 ,000 24 ,000 9,000 Total Continental stocks. Total visible supply 2,907,862 1,500,458 1,601,425 1,641.988 Of the above, totals of American and other descriptions are as follows: American — Liverpool stock Manchester stock Continental stocks American afloat U. S. stock for 267,000 32,000 217,000 30,000 212,701 16,552 72 444,000 13,798 214,000 20,000 209,000 55,000 92,906 67,958 5,594 ,806 ,862 664,458 775,425 995.9SS 77,000 17,000 7,000 35,000 142,000 20,000 73,000 730,000 104,000 28,000 7,000 123,000 78,000 20,000 75,000 401,000 104.000 16,000 4,000 88,000 97,000 14,000 12,000 491,000 93,000 18,000 54,666 31,000 16,000 50,000 384,000 1,101,000 1,806,862 836,000 664,458 826,000 775,425 646,000 995,988 689,000 45,000 334,000 195,000 387,869 142,195 bales, Europe... U. S. interior stocks U. S. exports to-day SALES. same days Spot Market I© o — 00 Oi 1 '— 0; OS CO OO OO 00 too 5 - 1 £ ,._ 0-0 ® I f. 0i OS I H-_ 1" '<-• ±- I I In? TT T T r T P? ~~ 'f '— cb do bo —> — — W CO cb OSii -IC 35 CC OO CO CO CO CO CO so so o o XO 4-00 X 2to« X J" I t , how I® 1 tc I J r* 1010 I I 1 0; ! I I »o MH r-C OO CO — O CO CO C.1OO/ *--|OS OS »O — OO TOt I® a se liKpsjaQ® es SP^wP^w* Total American The total sales of cotton on the spot each day during the East Indian Brazil, week are indicated in the following statement. For the Liverpool stock convenience of the reader we also add columns which show London stock Monday C a 5 Speculation in cotton for future delivery has been fairl}' active, but there has been an easier turn to values, prices The indications for the week showing a moderate; decline. have been that the sentiment of leading interests towards the market have changed, they being inclined to take a The monthly report bearish view of the immediate future. of the Government's Agricultural Bureau made the average condition of the crop 74.9 and the various private reports on the crop condition were generally close to 75. Although this condition is generally considered low for the season of the year, it failed to stimulate the market, it being argued A that present prices discount existing crop conditions. had factor that received considerable attention, and great weight with the bears, was the announcement that withdrawn from the market as English spinners have buyers of cotton, they having sufficient supplies, it is maintained, on hand and under contract to cover their requirements for the balance of the calendar year. Continental and American spinners also are reported practically out of the market as buyers. Bear interests argue that there exists an unusually large invisible supply of cotton and that cottonplanters will carry over into the new-crop season from 500,000 to 1,000,000 bales of surplus cotton from last seaTo-day the market opened with only slight son's crop. changes in prices. Subsequently, however, under fairly free selling for the account of prominent speculative interests At the decline large Wall Street operators prices weakened. were reported buying, and this steadied the market, causing a recovery in prices. The close was very steady at a net Cotton on the spot loss for the day of only 3 to 5 points. has declined, closing at 10.70c. for middling uplands. The rates on and off middling, as established Nov. 18 1903 by the Revision Committee, at which grades other than middling may be delivered on contract, are as follows at a glance S» r.' 6,616 8,100 143,180 4,300 14,281 13,000 Other ports 1900.. 1899. 1898.. 89 •s'ffi , 4,711 New York On £9 1 vi '/. &c. — Manchester stock Continental stocks India afloat for Europe Egypt, Brazil, &c, afloat Stock in Alexandria, Egypt. .. Stock in Bombay, India Total East India, Total American &c 1 208,000 91,000 182,409 64,926 5,653 Total visible supply 2,907^862 1,500,458 1,601,425 1,641,988 6.02d. 5.87d. 6.66d. Middling Upland, Liverpool 4J|d. 9c. 10.45c. 12.75c. 10.70c. Middling Upland, New York.. 7%d. Liverpool 9-16d. 7 15-16d. 9 13-16d. 8 Egypt Good Brown, 7d. 10.50d. 9.00d. Rough Good, Liverpool 9.80d. Peruv. 4 9-16'L 5^d. 5 34d. 5l3-16d. Broach Fine, Liverpool 4^d 5^d. 5%d. Tinnevelly Good, Liverpool 5 9-16d. Continental imports past week have been 43,000 bales. © . — ' s . 1 . THE CHRONICLE. 50 7 lil'OTATIONS FOR MIDDLING COTTON AT OTHER AT THE INTERIOR TOWNS the movement — that the middling MARKETS. — Below are closing quotations the shipments the the week and since Sept. receipts .Southern and other principal cotton markets each the week and the stocks to-night, and the same items week: day out corresponding period of the previous year — Aug. 5 1W5.1 Is of for 1, for for Of tile set is in Monday. Tuesday. Sat' day. Qalvaston. .- 10 15-16 • \<-w Orleans s Mobile 10^ , Charleston .- Wilmington n O - — r 3 c — Eg r. -9 •3 J, 3 1 3 : * I « -IS 5' fc -3 . _ - - 1 1 11.35 10J* 1 ()'., I I I I I I i I — CO fete is _ 11.00 11.10 1054 10>4 A 10% 10K 1 ioy2 • 10>* - . 10 13-16 10", 10. No 10. SS 10.95 10.SS 11.20 1 1 1054 1 1 .00 • 10.75 10.95 .25 \0Vi 10 11-16 103^ \0% 10% 10 9-16 10 9-16 ion 10^ 105-ii ioH ION 10M 10H • • • 10% L-, 1054 1054 • • • ioh 10H • • • 1054|Natchez 10J4|Raleigh 103^ IShrevepor t... I 10H 10>i 10>i NEW ORLEANS OPTION MARKET.— The highest, lowft 5 3 3 and closing quotations for leading options in the New Orleans cotton market the past week have been as follows: est » • Sal' day. Mom/ay 29. July 31. , July ft** i July — tOOtCPtC CQ.'ny C. tO &. -1 -I O'l lJi CO -» to , Closing ugnst t '-OQMGff^O^ — 1 . -j to © © s^Sv^ x© >&- co oo' en _» to © en — to toi *. Cn © Cn 1 1 1 — enO' 1 co en t-» 05 4>- C»l ^. o* 1 00 COCn > >-i R » o 3 - — . as Range * Closing Time- o>. I Spot Options -i: I— CO © © to 30 to^-H-ii— OS — to 00 CO © CO © © ei^i^->5cn^-4A.tootocO' Cn050 0:00occnto-~JOOOO — -J Ct to -Clr.^OICKOOCfr*.! — to Cn OO Cn OC O — CnC '—> en 0-0 Cn — tocmcto — ooco — cocnen — — OO O Cn V"*. 00 O) -JOSOIvtc^ ^JCnO5C0C0COO5hb.00^J00CO L'::xxc~iXiCXCCCCieT OCtO^-JtOO^ttOCSCOCDO The above totals show that the interior stocks have tocoVj^c 1 1 —. "c. 1 de- creased during the week 18,005 bales, and are to-night 74,237 bales more than same period last year. The receipts at all the towns have been 30,894 bales more than same week last year. OVERLAND MOVEMENT FOR THE WEEK AND SINCE SEPT. — We 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 and since Sept. 1 in the last two years are as follows: August -1904-05Since Week Sept. 1. 6,743 612,757 Sh ipped — 4. St. Louis Cairo 488 Rock Island 150 Louisville 470 472 Cincinnati other routes, &c 1,327 -1903-04Since 331,684 53,019 102,842 60,415 353,466 total net a Including movement by 365 123 Aug. 4. .02 .89 10. 70-. 10. .87 11. 00-. 14 10.90-.05 10.71-.90 10.71-.86 10.64-.92 10. 42-. 69 11. 13-. 14 10.90-.91 10. 75-. 76 10.85- .86 10.68-.69 10.64-.65 Easy. Quiet. Ba'ly s'y Firm Quiet. Quiet Steady. Quiet. Quiet. Steady. Quiet. Steady. by telegraph from the South to appearing. this — Galveston, Texas. In general the crop of Texas is improving, but there are renewed and continuous complaints of boll-weevils from points scattered over the entire weevil district. Rain has fallen on one day of the week to an inappreciable extent. Average thermometer 84, highest 91, lowest 77. Abilene, Texas. Rain has fallen on two days of the week, to the extent of eight hundredths of an inch. The thermometer has averaged 83, the highest being 100 and the lowest 66. Brenham, Texas. There has been rain one day of the week, the precipitation being thirty-seven hundredths of an inch. The thermometer has averaged 86, ranging from — — 73 to 98. Corpus Christi, Texas. We have had no rain the past The thermometer has ranged from 74 to 96, aver96,184 week. 31.404 aging 85. 100.042 Cuero, Texas. We have had rain on one day of the past 227.630 week, the rainfall being thirteen hundredths of an inch. Average thermometer 88, highest 103, lowest 73. 904,554 Dallas, Texas. We have had no rain during the week. The thermometer has averaged 84, the highest being 98 and — — 2,015 5,911 1,229,143 rail to 13,731 121,821 32,220 196,042 951 3,331 3. 10. 57-. 3,454 1,132,184 285,040 3,739 overland a. 514,202 254,168 327 — Leving Sept. 1. 1,904 144 251 Total gross overland _ 9,650 1,514,183 Deduct shipments Overland to N.Y., Boston, &c 1,880 188,390 Between interior towns 109 36,601 Inland, &c, from South 1,750 60,049 Total to be deducted Week. "828 Aug. evening indicate that the weather has been favorable quite generally during the week. Improvement in conditions is reported from Arkansas, Mississippi and Tennessee, and on the whole the crop is doing fairly well. Picking is actively in progress in the earlier sections, and a number of bales of new cotton are us to Cn 1. 2. WEATHER REPORTS BY TELEGRAPH.— Advices r. - 01 ^|i Aug. — 10. 1— h— — to -1*- vjco — — * — 10 — en toenoocno^JCno^o *cn^ooootoeno30oo: — — »jstc«jMO"Jcnc". © .^ to ~. ONKOXik^coMaincaffiOWc. © © co oo a AVo'HVcnVaaob'u^VobtBs^VoiVeiVuViBMatVHoVo 'cicceo--~itoe^o — tooooocococoooocoo^JCntoco — toen ci ic ic i c: x i ic ci c o J — ocoooto-vi — — cn^j^jco — to 00 00 toes -j Wed'day, Thursd'y, Friday, 10.85 03-. 1 1 , 10. 45-. 3 C' Tuesday Aug. 1. — @ —— @ —— © — - @ - — @ — — A 10.80-.88 10.65-. 76 10.49-. 70 10.50 — 10.32- — 10.22-.33 Range 10.87-.88 10.55-.65 Closing 50 10.56-.61 10.39-.44 10.37-.44 September — 10.96-.01 10.75-.82 — @ — — @ — — @ — 1038-.51 Range 11. 04 10.75-.76 Closing 59 10.66-.71 10.49-. 51 10.50 October — 8510.95-. 10 10.6610.66- .80 58Range 10.35-.64 11.09-. 10 10.85-.86 Closing 71 10.80 10.63-.64 1059-.60 — December Range blto© Oo"cnx"coinVjo"coV)*."cfiO Vjcf.- coVl o, 50 — en OCn -g JwCOCnCT. -q^atococscn — — COrf*©-] C0©IC©CO(c — r \ia Via Via Via Via Via LOW I Colu'bus.Mlss... l CO, z 10M ioh \o% 1054 Louisville 10 (Montgomery 10^ Nashville Columbus. Ga... to—, h-coi-i o: to en "jo to i. — — Ct*1' 10 -• ioVs 10 The closing quotations to-day (Friday) at other important Southern markets were as follows: V ^w — to os * toes oa to >— oo so x — Vj to©' ^lC~CMCi4i'-0» — x cootoococoosQ' entOCnOCOO^COOU—O't'CO^CDO' oo>:o©tococo©oto^)toco.i*^i:S' — — to — — 10 — to to — o— i-co co — — oo ©to — toco ». - ©— -I s 10Ji I0>1 Friday. -i* to c Ml I i— CO-4 1— — ,- — — to — O <- 00 CC X to CO © >& Xi-O- CO to CO -q -4 — Cn>-00*.COtvOOOOCOCO-- »I to CO to ecaiiOoccna~4U^oc->Xi.ic^c oc-T-icMOooitnoe ;,-* 5 :i WA 11.00 .00 10% 10M 10H Houston 10^ Little Rock.. 10JI . 1 11.10 11.00 11.25 1094 10'A Louis St. —— O.— tO *-tO M »J-J»qtOtOOCO — OtOOtO lO to — CO — *- ~] to 3: ~ NJ.3MMCMCnOi © «JC*»<OOW»40lOC>!3oao*»en>-'OiCOCSCn«J — OSOOCCStCOCnOtnlOOS 35 C5 * ©<0-*aVl h- ;n©-OOoVl4k"to">— ©VjCOCOCn -fc-CiO:*— ~4C5CnO>00© to Cn ©^JC-i©~10C0*©:©--J--l<O^JtOCT>»$.Cn'— — --q,£.X^O;.U0C:C^ — COOi*. © ~1 © CO O CnO:©COtOCn©Cn>UtOCn4*gPt03>0»-0003»-CngO>-'© 00 to S 1 1.05 .00 1 . m 10H , Atlanta > 10'' - Boston Baltimore Memphis 5» <-• | Cotton Wed'day Thund'y \0H 10H 10^ 10« H III', 1 11.00 Augusta ST II' 7 10:',, Norfolk Philadelphia 8B K) 1 ' d 6s 9> , -I • £ *8.Bn -• . 2 {.-- ~ c > b x 1 10% Savannah '— M iddling for Week ending Aitij. 4. - Quota ions Closi t0 detail below. - cot- for toil at — Canada. The foregoing shows that the week's net overland move- the lowest 70. Fort Worth, Texas. It has rained on one day of the ment this year has been 5,911 bales, against 123 bales inappreciable extent. The thermometer has for the week last year, and that for the season to date the week to an — averaged 83, ranging from 70 to 96. Henrietta, Texas. Dry all the week. The thermometer has ranged from 70 to 101, averaging 86. 1903-04— Since Huntsville, Texas. Dry weather has prevailed all the Si pi. Wert: week. Average thermometer 86, highest 99, low r>\ 72. 5,953 7,1 17. .'.IS Kerrville, Texas. We have had rain on two days during 123 904,554 28,000 1,972.000 the week, to the extent of seventy-five hundredths of an inch. The thermometer has averaged 84, the highest being 34,076 9,994,072 L0] and the lowest 67. 56,356 a5,197 Lampasas, Texas. There has been heavy rain on one 28,879 day during the week, the precipitation being one inch and 10,050,428 live hundredth-. The thermometer raged 87, 7,799 2,102,378 ranging from 68 to 105. I.nnqview, Texas. We have had rain on one day the week, the precipitation being one hundredth or an inch. The thermomet* r ha B'i' om 72 to 96, averaging B4. li 7.. Luling, Texas. We have had rain on one day of the v 8.. 10,295,867 the rainfall A being -ixty-eisdit hundredths of an inch. 9.. 10 10.. 9,086,508 age thermometer 87, highest 101 and lowest 74. aggregate net overland exhibits an increase over a year ago of 324,589 bales. 1904-05 In Sight and Spinners' Since Takings. Week. Sept. 1. [its at ports to Aug. 4 74,337 9,849,351 and to Aug. 4 5,911 1,220,143 iern consumption Aug. 4. 44,000 2,064,000 . „ To'al marketed Interior stocks in excess Cam* into sieht during siijht Aug. 4 Total in . 124,248 13,142,494 al8,005 80,.",.V, 1 — — — . — week. 106,243 13,223,029 I North, spin's' takines to An?. 4 20,576 a Decrease during the week. Movement 2.297,512 — into sight in previous years. ,„"/<*• 1903— Aug. 7 24.944 1902-0:: -Aug. 1901— Aug. 1900— Au?. 9 10 43,192 1900-01— Aug. 36.693 1899-00— Aug. Bales. .Since Sept. 1 1901-02— Aug. — THE CHRONICLE. 568 — Dry Nacogdoches, Texas. all INDIA COTTON MOVEMENT FROM ALL PORTS.— receipts of cotton at Bombay and the shipments from all The thermom- the week. eter has averaged 82, the highest being 93 and the lowest 71. The Palestine, Texas. It has been dry all the week. thermometer has averaged 83, ranging from 72 to 94. Paris, Texas. have had rain on one day of the week, The the precipitation being forty hundredths of an inch. thermometer has ranged from 71 to 94, averaging 83. have had rain on two days of the San Antonio, Texas. past week, the rainfall being forty hundredths of an inch. Average thermometer 87, highest 102, lowest 72. Weatherjord, Texas. have had a trace of rain on one day of the week. The thermometer has averaged 80, the highest being 99 and the lowest 70. New Orleans, Louisiana. have had rain during the week to the extent of one inch and thirty hundredths, on two days. The thermometer has averaged 84. Shreveport, Louisiana. The rainfall has reached eight hundredths of an inch, on one day. The thermometer has ranged from 73 to 95, averaging 84. Crops generally are in need of rain, Helena, Arkansas. but are doing better. Rain has fallen locally on three days of the week, the rainfall being fifty-eight hundredths of an Average thermometer 80, highest 91, lowest 69. inch. have had a good week to cultiLittle Rock, Arkansas. Rain has fallen on vate crops, and prospects are improved. two days of the week, to the extent of forty-six hundredths The thermometer has averaged 79, the highest of an inch. being 89 and the lowest 69. Memphis, Tennessee. Weather has been favorable and There has been rain on two days' condition is improving. the past week, the precipitation reaching one inch and The thermometer has averaged thirty-five hundredths. 78 .9, ranging from 69.3 to 90.2. The week's rainfall has reached Nashville, Tennessee. The therthirteen hundredths of an inch, on two days. mometer has ranged from 64 to 90, averaging 77. — — We The India ports for the week and for the season from Sept. three years have been as follows: August — Wo — We — — We — — — The condition of the crop is generally Mobile, Alabama. favorable. Cotton is opening freely on uplands. First new Heavy rains confined to the coast. bale received to-day. We have had rain on each day of the week, the rainfall being Average therthree inches and forty-nine hundredths. mometer 82, highest 94 and lowest 72. Montgomery, Alabama. Crops are doing well and maturTwo new bales from Montgomery County ing rapidly. came in yesterday. We have had rain on four days of the week, the rainfall reaching one inch and twenty-eight hunThe thermometer has averaged 80, the highest dredths. being 95 and the lowest 72. Madison, Florida. There has been rain during the week to the extent of three inches and fifty hundredths, on three The thermometer has ranged from 70 to 88, averagdays. ing 79. Rain has fallen on one day of the week, Augusta, Georgia. Averthe rainfall being ninety-eight hundredths of an inch. age thermometer 80, highest 95, lowest 66. Savannah, Georgia. Rain has fallen on two days of the week, to the extent of one inch and seventy hundredths. The thermometer has averaged 81, the highest being 94 and the — — 1904-05. 3. Receipts at- Bombay. lowest 70. —We have had rain on one day Charleston, South Carolina. the past week, the precipitation being thirty-eight hundredths of an inch. The thermometer has ranged from 73 to 92, averaging 81. had rain on three days Stateburg, South Carolina, early in the week, the rainfall reaching one inch and fortyLatterly dry and cooler, and favorable eight hundredths. for work. The thermometer has averaged 78, the highest being 91 and the lowest 65. Conditions splendid; could Charlotte, North Carolina. hardly be better. There has been rain the past week, the precipitation reaching fifty-three hundredths. The thermometer has averaged 74, ranging from 63 to 86. The following statement we have also received by telegraph, showing the height of the rivers at the points named, at 8 a. m. of the dates given the last two years: Aug. 4 1905. Aug. 5 1904. — We — Feet. New Above zero Above zero Above zero Above zero Above zero Orleans Memphis Nashville Shreveport Vicksburg of of of of of gauge. gauge. gauge. gauge. gauge. Feet. 10.9 9.8 2.7 5.8 12.7 16.1 8.1 22.6 2S.5 Sept. For Exports from — Great Britain the report received cable to-night from Manchester states that the market continues quiet for both yarns and shirtings. The demand for yarn is poor. We give the prices for to-day below and leave those for previous weeks of this and last year for comparison. 1905. 8H 32.1 Cop. ings, 30 July 14 21 28 d. @9H 4 d. s. 4 8% s. @QVs 8% ®9H 8 8 4 d. 8H @7 8y2 @7 8H 8 S7 Mid 32s Cop. Twist. Up's. 5H@7 3H @7 7 17 9 9 814 Aug. common to ]incst. Twist. June 1904. Shirt- Cot'n lbs. d. 5.34 d. d. 8% 8% 8K ®9Vs 5.8718!^ ©9H 6.01 5191 6.01 S ®9H fl-16®9% 8H lbs. ing.':, Shirt- Cot'n common b. d. s. d. 10H@8 10 5 10 @8 9 5 11 ®8 10H 5 19M<«>8 9 5 9 ®8 7H 5-8 @8 7H 5 Mid Up's. to /inesl. d. 5.96 6.36 6.72 6.32 6.18 6.02 Sept. Great Britain. 1. 3,000 2,460,000 1 Continent. Total. 22,000 94,000 76,000 433,000 800,000 904,000 455,000 954,000 980,000 3,000 4,000 5,000 42,000 46,000 45,000 45,000 50,000 50,000 3,000 11,000 15,000' 38,000, 25.000 18,000 49,000 34,000 232,000 273,000 175,000 244,000 293,000 203,000 Bombay 1904-05 1903-04 1902-03 Calcutta 1904-05 1903-04 1902-03 • 16,000 1,000 11,000 17,000 1,000 . . 1,000 1,000 f,666 f,666 1,000 . . 1 1 ,000 . _ Madras 1904-05 1903-04 1902-03 All others 1904-05 1903-04 1902-03 _ 1,000 1,000 2~,666 2~,666 . . . 000 000 000 8,000 13,000 11,000 9,000 14,000 12,000 Total all— 1904-05 . 1903-04 . 1902-03 . 2,000 1,000 1,000 26,000 14,000 25,000 28,000 . . 15,000, 26,000 9,000i 12,000 20,000 28,000 . 40,000 129,000 118,000 1 1 722,000 762,000 217,000 1,346,000 149,000 1,267,000 According to the foregoing, Bombay appears to show an increase compared with last year in the week's receipts of 13,000 bales. Exports from all India ports record a gain of 13,000 bales during the week and since Sept. 1 show a decrease of 584,000 bales. ALEXANDRIA RECEIPTS AND SHIPMENTS OF — COTTON. Through arrangements made with Messrs. Choremi, Benachi & Co., of Liverpool and Alexandria, we now receive a weekly cable of the movements of cotton at Alexandria, Egypt. The following are the receipts and shipments for the past week and for the corresponding week of the previous two years. Alexandria, Egypt, August 1903-04. 1904-05. 2. 1902-03. Receipts (cantars a) This week Since Sept . To To To To a 3,000 6,233,043 6,460,062 73 5,741.556 1 This Since week. Sept. 1. This Since week. Sept. 1. 3,000 228,185 152,499 3",666 331,785 700 75,350 4,750 238,439 137,426 f,666 352,241 200 52,867 204,456 145,086 3,873 324,944 82,625 6,700 787,819 5,950 780,973 3,873 757,111 1 Exports (bales) This week. — Liverpool . Manchester Continent America Total exports. cantar is 98 lbs. Since Sept. 1 ' ' A COTTON CONSUMPTION AND OVERLAND MOVEMENT TO AUGUST 1.— Below we present a synopsis of the crop movement months ended July 31 for the month of July for three years. Gross overland for July Gross overland for 11 months Net overland for July Net overland for 1 1 months Port receipts in July Port receipts in 1 1 months Exports in July Exports in 11 bales. months Port stocks on July 31 Northern spinners' takings to Aug. Southern consumption to Aug. 1 Overland to Canada for 11 1 .. sight during July of crop in sight Aug. 1 sight balance season Average gross weight of bales Average net weight of bales — and the eleven 1904-05. 1903-04. 1902-03. 50,769 1,507,610 37,272 1,223,791 372,610 9,799,864 306,250 8,425,001! 392.535' 2,284,315 2,035,000 17,047 1,131,164 9,851 904,455 54,204 7,107,319 102,006 5,983,362 105,627 2,097,830 1,949,000 9,842 1,445,298 4,659 1,119,726 33,632 7,627,047 65,109 6,645,546 214,609 2,087,410 1,918,000 months (included in net overland) Came in Amount Came in by Week. Since September Total. for Since 1. 9,000 2,112,000 Burnt North and South in 11 months . Stock at North' n interior markets Aug 1 23.4 Sept. Week. Continent. Total crop MANCHESTER MARKET.—-Our Week. 1. 1 1902-03. Since 22,00012,658,000 — — 1903-04. .Since. Week. — We — [Vol. lxxxi. 114.186 115,297 82,850 268 26,738 2,947 7.768 11,324 4,275 540,243 186,555 189,503 13,153,655 10,021,274 10,620,985 137,341 102,412) 10,123,686; 10,758,326 506.50 506.19 513.01 490.78 485.56 485.27 The Lord & Nagle Company, Boston, publishers of the "Textile World Record," have furnished us a copy of the Textile World Official Directory of the Textile Industries of The the United States and Canada for 1905, just issued. work comprises 462 pages and 22 textile maps, showing the location of cities and towns, railroad connections and popuFull information is given in regard to the mills relation. ported names of officers, machinery capacity, class of goods made, whether they dye or not, kind of power used, who the The book is compiled from official selling agents are, etc. returns from the mills, and should be a valuable book of refIt is puberence to those interested in textile matters. lished in two editions; the Office Edition, printed on heavier paper and bound in stiff cloth covers, costs $2 50; Traveler's Edition, of smaller size, printed on thinner paper, and bound in flexible covers, costs $2. — — : Ave. 5 1905. — . THE CHRONICLE. | THE AGRICULTURAL DEPARTMENT'S AUGUST REPORT. — The following statement, showing the condition of cottOQ on July 25 was issued by the Department of Agriculture Aug. 3: The erop-estinuitine; board of the Bureau of Statistics of the Department of Agriculture tiiuls from the reports of the correspondents and U»ntS of the Bureau that the average condition of cotton on Jul July 26 1904, vu 74. 9. as compared with 77.0 on June 25 1005. 01.0 on The following 79 7 on July 25 1003 and a ten-year average of 82.6. of eacn table shows the condition of the cotton crop byStates on July ot the last three years, and that on June 25 1005, with the ten-year _'."> f>(»<) Quantities ot Uanutacturtt Cotton (colored and uiuotorcd) Exported to o}\ — yards 1005. 1005. 72 71 - S2 83 72 7S 75 73 83 79 Georgia Alabama. 60 79 68 66 80 82 -ippi South Carolina Arkansas Louisiana \ Carolina !i Indian Territory rennessee Oklahoma Florida Missouri una United States 82 79 so 83 80 83 85 S5 78 87 so S8 74.9 77.0 1004. 01 01 00 92 91 93 05 03 91 92 05 94 25 10-year 1003. Average. SO 82 77 86 70 88 83 82 76 83 76 83 Juli/ American Slates Honduras I Cuba Other West Indies and Bermuda Argentina 87 82.6 .\cres. 28.808,415 32,363,690 28,995,784 27,300,371 27,874,105 26,534,000 24,175,000 23,175,000 23,029,000 10,123,686 10,758,326 10,701,453 10,425,141 9,439,559 11,235,383 11,180,960 Condition. Permit. 74.9 91.6 79.7 81.9 77.2 76.0 84.0 91.2 86.9 30.094 4.478,625 502.730 981.057 2,339.702 897,032 9.282 Japan British Australasia. Philippine Islands . - . British Africa All other Africa , 1905-06.. 1904-05.. 04.. 1902-03 1901-02 1900-01 1S99-00 99.. 1897-9S 2::ii.osi Bongkong Other Asia and Oceanlca 79.7 2.929,279 275.793 2,106,831 2,340,099 308,831 797.137 9 IS. 580 1.059.913 520,372 502.807 53. 445.070 British East Indies S3 91.6 Yield. Bales. Colombia Venezuela Other Smith America Chinese Empire 86 88 86 so SO SO The August 1st averages in earlier years for all the States were, according to the Agricultural Department, as follows: B1.9 in 1902; 77.2 in 1901; 7(3.0 in 1900; 84.0 in 1899; 91.2 in L898; 86.9 in 1S97; 80.1 in 1896; 77.9 in 1895; 91.8 in 1894; 80.4 in 1893; 82.3 in 1892; 88.9 in 1891; 89.5 in 1890; 89.3 in sv.i; s7.3 in 1888; 93.3 in 1887; SI. 3 in 1886 and 96.5 in 1885. As a matter of interest in connection with the foregoing report we subjoin a statement showing for a series of years the acreage and yield, according to our compilations, and the condition on Aug. 1 (July 25) as reported by the Department Area. Chile 78 90 90 3,264.200 4,000 l(i. >.9r.:i 65.837 895,353 9.005.100 2,102.657 27,354.937 243.090 3,319.127 2.008,042 17,898,885 1,579.430 24,986,500 242.123 3.502.418 408.309 9,589.055 748.277 12.850,700 1,817.838 15,762.476 292.819 7,603,349 341,858 7.735,312 9.024,100 474.909.510 o.mo.o.vi 539,930 27.891 508,922 12.129 16.231.710 883,459 6,421,865 5S9.070 15.957.101 1.367,380 23.117,948 1,416,882 6.051.323 158,914 555.483 21.538.721 3,030,001 0.125.331 20,091,039 1.980,951 9,197,489 11.852.009 14.824.158 9.047.394 0.099.875 70.880.534 6,859.040 341.206 439.910 4.471,518 5,040,749 29.208,514 6.235.850 482.839 r 1, MI9. 155 2, I and Mexico 84 75 82 69 85 78 76 1903-04. ot.055 34.012 90,055 1.006,188 10,022.483 108,806 10,666 267,465 1,154,382 II July 25 June 25 Julu 25 1904-05. I Other Europe British North America avers 12 rum. tndinjj JwuZQ. 1904. 311. t'.St! Germany British tmliiiojii'i, 80, 1905. United Kingdom France Central Month [ Total yards of above Total values ot above Value per yard 76.381,780 $4,757,382 $0,023 Values ot Other Manufactures oj Cotton Exported to United I\ Ingdom 24,438,794 094,500.715 247,380.737 $1,503,508 $41,320,542 $14,696,199 $.001.-, $d594 $.0595 — $108,990 14.5S5 $92,207 37,795 Belgium France 1.710 Germany 32.448 907 6.443 195,684 _ Netherlands Other Europe British North America. .. American States Honduras Central British 208.578 $1,104,997 117,464 10,196 1,005,284 20.376 102,445 2.317.754 697,103 009.931 414.371 231,953 358,189 77,158 21,697 79,118 22.251 53.709 250.095 6,907 72,331 518,185 82,935 328,753 235.129 9.925 3.917 552.146 520,556 273,174 290,579 111,825 122.284 21,001 118,815 48.069 49,648 and 57.033 54.182 57.000 24.250 25.104 0.597 2.071 3,288 1,965 5,900 45,590 Mexico Cuba Other West Indies and Bermuda. Argentina Brazil Chile Colombia Venezuela Other South America Chi nese Kmpire British Fast Indies 48.801 47, 898 27.191 20,219 13,510 23,419 512 14.248 3,433 4,282 12.579 3.022 2,130 30.505 4.021 20,000 12,194 233 895 Hongkong 18,810 30,915 12,085 85,338 33.981 774 101 Brit ish Australasia Philippine 68,081 MIT 6,050 $1,092,322 104,010 17,348 591,255 35.391 84,595 2,340,240 Islands Other Asia and Oceanica British Africa All other Africa Other countries Total value other manufactures Total value all manufactures $839,079 $5,597,001 344 1S.04S 13,064 43,175 393,652 68,888 132.709 141,830 10,184 3,351 $696,420 $8,345,538 $7,707,514 $2,199,98S $49,000,080 $22,403,713 ,.< .; .t.i GOVERNMENT WEEKLY COTTON REPORT.— Mr. YELLOW FEVER AT NEW ORLEANS.— Latest adJames Berry, Chief of the Climate and Crop Division of the vices from New Orleans are to the effect that the yellow United States Weather Bureau, made public on Tuesday fever which broke out among the Italian population of the the telegraphic reports on the crop in the Southern States city has been practically confined to the section of the city for the week ending July 31. inhabited by those of that nationality. .Norr/i Carolina. — Cotton generally overgrown, fruiting poorly, damage Fifty-four new cases were reported yesterday. The total by rust and shedding increasing slightly. South Carolina. — Cotton improved on clay lands, where stalks are number thus far affected by the disease has been 432 and large, and deteriorated on sandy lands, owing to rust and increased the deaths have reached 84. The fact that there is no inshedding. the district Georgia. — Cotton growing and fruiting rapidly where sufficient rains fection in the modern section of New Orleans above Canal Street is considered a very hopeful sign, and fell, but suffering in other localities; plants wilting, shedding, and being damaged by rust and black root, opening southern half State. physicians refuse to believe that there is any chance of the da. — Too much rain over portions of north, where cotton was damaged to some extent by rust and shedding, and inadequate over por- disease assuming an epidemic form. tions of west, where some plants are dying; scattered picking of cotton Those in charge of the treatment of the disease state that has commenced. concealment until the cases were practically hopeless, and •ima. — Cotton continues irregular, about half of crop shows deterioration, with rust, spreading and shedding becoming general; scattered inadequate treatment during that period, are in great measure reports of other adverse conditions are received also; bolls opening slowly. responsible for the heavy mortality among the Italians. Mississippi. — Cotton improving slowly, early fruiting fairly watt, Modern treatment of the disease prescribes only liquid food some grown bolls south, much lowland cotton small and just beginning to bloom; laying by well advanced, some fields still grassy; complaint of during several days of the patient's illness, but inv< stigation blight, rust, and shedding increasing. shows that heavy food, such as macaroni and bananas Louisiana. — Ground too wet for cultivation greater part of week; meaning almost certain death has been eaten after the cotton improved in some localities, but much of crop foul, not growing; fever had developed. fruitine poorly, turning yellow; some lowlands abandoned; crop con- — — - — siderably below average. is. Weather favorable for cotton over most of State and crop improved somewhat; it is fruiting better in central counties and generally clean, but foul and unpromising in northeast; in localities cotton is growing rapidly and fruiting poorly; shedding is reported from many southern and central counties; picking in south central counties; boll-weevil and other pests doing damage, but damage lessened by dry weather. Arkansas. Cotton small, making too much weed; not fruiting well, and being injured locally by insects; but shows improvement and is making fair progress. Tennessee. Much cotton very unpromising; inclined to too much stalk; some shedding; fair crops in many sections. Oklahoma and Indian Territories. Daily showers caused damage to bottom-land cotton in the Indian Territory; cotton in Oklahoma improved, but growth too fast; not fruiting well; worms injurious in Indian Territory. ouri. Cotton making heavy growth; lowlands grassy; some rust. — — — SEA ISLAND COTTON MOVEMENT.— We 1904-05. — — These reports on cotton are summarized by the Depart- have re- ceived this (Friday) evening by telegraph from the various ports the details of the Sea Island cotton movement for the week. The receipts for the week ending to-night (Aug. 4) and since Sept. 1 1904, the stocks to-night and the same items for the corresponding periods of 1903-04, are as follows: Receipts to August 4. Since week. Sept. 1. Savannah Sept. Stock. 32.883 158 99.150 75.590 Total... '---- 1904. 1905. 1. "107 54,084 12. Is9 &c._ This week. 48.739 9.357 17.494 51 Charleston Florida, 1903-04. This 2.836 3.514 8,993 116 1.202 10.311 ment as follows: e improvement in the condition of cotton over most of Texas is indicated, and while too rank growth and unsatisfactory fruiting are reported from Oklahoma, Arkansas, Louisiana and Mississippi, a general, but flight, improvement is also shown in these States. In Alabama the generally deteriorated; in Georgia it is fruiting rapidly where sufficient rains have occurred, but in other localities of ain is badly needed, and shedding, rust and black root are prevalent. Too rank growth and shedding are also reported from Ti the CaroIlnas and Florida, in which States no impro cent on clay lands in South Carolina, while on sandy lands In that - The exports of 100 bales, for the week ending this evening reach a total of which 100 bales were to ('.real Britain, to France and to Bremen, and the to Northern mills has been 398 bales. exports for the week and since Sept. 1 in 1904-05 Week Emling Aug. Exports from — crop has deteriorated. STRIKE IN LANCASHIRE AVERTED.—Cable ad- 60,000 Lancashire cotton operatives hae been averted, the masters having granted the employees their demand for an advance of 5% in wages. EXPORTS OF OTTON MANUFACTURES — vDOMESTIC below a Btatemenl Bhowing the export- of dor Savannah Charleston. Florida, New 4c 4c \ "ioo Boston Philadelphia Total Total 1903-04... 4. Since Sept. for- 100 1 he I and 1903-04. northern 1904. \i Fr'net (treat Britain. vicea to-day are to the effect that the threatened rtrike of amounl warded Ac. 11 1I 11 11 •1 11 To 'a I. Total. 10,276 ' I.K.i. 1 1.742 398 8 398 59,629 1 . 1 56 2".999 [65 |,Ifl3 4,163 607 100 80,058 7.1' • 7.1 ( cotton manufactures for June and for the twelve months ended June 30 1905, and for pin comparison like if figures for the corresponding periods of the previous year are tic also presented. • • SHIPPING NEWS. Ab shown on a previous page, the week have exports of cotton from the United Statt the pa made up The Bhipmen reached 62,967 bales. from mail and telegraphic returns, are aa folio? I THE CHRONICLE. 570 Total bales. 3,454 Liverpool, per steamer Celtic, 3,454 To Manchester, per steamer Dahorne, 805 upland and 100 905 Sea Island 1,194 To Hull, per steamer Toronto, 1,194 __ 762 To Bremen, per steamer Main, 762 Zceland, 650 791 To Antwerp, per steamers British King, 141 To Liverpool—July 31— Str. Civilian, 14,556 14,556 -. 2,104 To Bremen—July 28— Steamer Indian, 2,104. 174 To Hamburg— Aug. 3 Steamer Madawaska, 174 900 To Trieste— July 31— Steamer Maria, 900... 1,630 To Venice—July 31— Steamer Maria, 1,630 To Liverpool— July 31— Str. Jamaican, 7,859.. 7,859 214 To Hamburg July 28— Steamer Georgia, 214 To Bremen—July 29—Steamer Voorburg, 6,265 6,265 100 To Hamburg July 29 Steamer Voorburg, 100 200 To Rotterdam—July 28— Steamer Patria, 200 500 To Malmo—July 28— Steamer Patria, 500 fVCL. LXXil. BREADSTUFFS. NEW YORK—To . . NEW ORLEANS— — — GALVESTON— SAVANNAH— — — — To Norrkoping—July 29 —Steamer Voorburg, 200 200 WILMINGTON— To Liverpool— Aug. 1—Str. Chatburn, 6,000. NORFOLK—To Glasgow—July 31—Steamer Hestia, 464 BOSTON—To Liverpool— July 29—Steamer Sachem, 1,365 July 31 —Steamer Aug. Ivernia, 3,081 2 6,000 464 — Steamer Canadian, 1,407 BALTIMORE— To Liverpool— July 28— Steamer Indore, 5,903. To Bremen— Aug. 2— Steamer Chemnitz, 2,272 SAN FRANCISCO—To Japan—Aug. 2—Steamer Coptic, 353 .. SEATTLE—To Japan—Aug. 1—Steamer Lyra, 4 Aug. 2— Steamer Iyo Maru, 310 314 62,967 Total The particulars of the foregoing shipments for the arranged in our usual form, are as follows: French Great Britain New York 5,553 NewOrl'ns 14,556 Galveston. 7,859 Savannah Wilm'gton -Oth .Europe Ger- 762 Japan. Total. &c. 791 2,278 2,530 214 "900 '-'.'-'. '-'-'-'- '.-'-'- 6~,bob 464 5.853 5,903 _ Baltimore. week — Mexico, many. North. South. ports. 6,365 Norfolk .. Boston 5,853 5,903 2,272 353 2,272 San Fran. 7,106 19,364 8,073 7,265 6,000 464 5,853 8,175 353 314 353 314 Seattle Total.. 46,188 11,891 667 62,967 1,691 2,530 to Japan since Sept. 1 have been 318,571 bales from Pacific ports and 10,570 bales from New York. Cotton freights at New York the past week have been as follows: Thurs. Fri. Man Tues. Wed. Sat. The exports Liverpool c. Manchester c. Havre Bremen c. c. c. c. Hamburg Antwerp Ghent, v. 13 15 13 15 13 15 13 15 13 15 13 15 16@17 16@17 16 Or 17 16@17 LOO' 17 16@17 19 19 19 19 19 22% 22 % 22% 22 Trieste 22 % 19 22% 12 18 12 18 12 18 12 18 12 18 12 18 28 32 28 32 28 32 28 32 28 32 28 32 25@26 25® 26 25@26 25@26 25(3! 26 15 15 25 Or 26 15 15 15 23 40 23 15 23 23 40 23 40 Ant. -c. Reval, indirect.c. Reval, v. Canal.c. Barcelona c. Genoa, July c. % c. 23 40 40 Japan, v. Suez.c. Quotations are cents per 100 lbs LIVERPOOL. — By 40 cable from Liverpool we have the folsales, stocks, &c, at that port: July 14. July 21. July 28. Aug. 4. lowing statement of the week's Sales of the week bales. 21,000 27,000 1,000 1,000 24,000 6,000 57,000 793,000 720,000 24,000 13,000 119,000 92,000 Of which exporters took. . 3,000 Of which speculators took Sales American..16,000 31,000 27,000 1,000 2,000 25,000 4,000 57,000 793,000 720,000 60,000 54,000 105,000 76,000 800 800 21,000 6,000 6,000 Forwarded 63,000 61,000 Total stock— Estimated. -.832, 000 766,000 Of which American— Est. 76 1,000 689,000 Total import of the week... 60,000 40,000 45,000 Of which American 22,000 Amount afloat 113,000 111,000 89.000 Of which American 90,000 The tone of the Liverpool market for spots and futures each day of the past week and the daily closing prices of Actual export spot cotton have been as follows: Spot. Saturday. Monday. Tuesday Wed' day. Thursday. Friday. Dull. Quiet. Dull. Moderate DuU. Quiet. Market, 12:30 P.M. demand. Mid. TJpl'ds Sales Spee.&exp. 6.03 6.09 6.01 5.92 5.90 5.87 3,000 300 (,.01)11 4,000 400 6,000 600 6.000 500 5.000 1.000 600 Friday, Aug. 4 1905. There has been a slight yielding in prices for wheat flour, and at the lower prices there has been more activity to the trading. Moderate sales of new winter straights have been made for export to Europe and the West Indies Local jobbers also have been hotter buyers and a moderate quantity of spring-wheat flour has been sold. City mills have had a moderate sale at slightly lower prices. Rye flour has been quiet but steady. Corn-meal has been in light supply and firmer. Speculation in wheat for future delivery has been quiet and there has been a fractional decline in prices. The crop news from the interior has continued promising. Harvesting returns from the winter-wheat belt have been quite generally favorable and the spring-wheat crop has made satisfactory progress, with harvesting started in the southern part of the spring-wheat zone. The movement of new-crop wheat to market has been on a liberal scale, the receipts at the primary markets running considerably in excess of those reported a year ago. Offsetting, however, to some extent the effect of the favorable crop indications of this country have been stronger European advices and reports of an unfavorable crop outlook in Russia. The spot market has been easier and business has been quiet, the sales reported made to exporters being unimportant. To-day the market was fairly active and firmer. Shorts were buyers to cover contracts, and crop-damage reports to the spring-wheat crop were received from the Northwest. The spot market was firmer but quiet. WHEAT FUTURES DAILY CLOSING PRICES OF IN NEW YORK. Mon. Tues. Wed. Thurs. Fri. Sat. 90 89% 89% 90% 92% Mon. Tues. 89% 89% 91% 89% 90% 89% 89% 91% 90% 91% May delivery in elevator 93 93 93% 92% 93% DAILY CLOSING PRICES OF WHEAT FUTURES IN CHICAGO. No. 2 red winter... f.o.b. 92% September delivery in elevator. 90% December delivery in elevator. 91 % 91 Sat. Wed. Thurs. Fri. 85% 86% May delivery in elevator 88% 89% 88% India corn futures have received only a limited amount of The outspeculative attention, but prices have advanced. 84% 85% 86% 89% 84% 85% 88% September delivery in elevator. December delivery in elevator. 86 84% 86% 89% 84% 86 look for the growing crop in this country has been'reported quite generally as promising; in fact, some interests are beOn the other ginning to talk of a record-breaking yield. hand, however, crop news from Europe has been less encouraging, it being reported that crop conditions in Hungary and Roumania are not satisfactory, owing to drought. The movement of old-crop corn has been light, the receipts at primary markets being limited and country acceptances have been small, foreshadowing a continuance of light receipts. The spot market has been firmer. A limited amount of busiTo-day the market ness has been transacted with exporters. was easier under larger receipts than expected and favorable crop reports. The spot market was quiet and easier. DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN NEW YORK. Mon. Sat. 2 Wed. Thurs. Fri. 62% 62 61% 61 MIXED CORN IN CHICAGO. 60% 59% 61% Tues. Wed. Thurs. Fri. 58% DAILY CLOSING PRICES OF NO. Sat. Tues. 60 f.o.b. 61 Cash corn September delivery in elevator. 59 Mon. 60 51% 52% 54% 55% 54 45% 45% 46% 46% 46 46% 45% 45% 45% 46 May delivery in elevator Oats for future delivery at the Western market have been quiet but prices have been steadier, they showing a fractional advance, largely in sympathy with an advance in September delivery December delivery 52% 45% 45% in elevator. in elevator. values for corn, although a fairly free demand in the cash market in part from exporters has had a steadying influence. The country acceptances have been fairly free and the crop movement has increased to full figures. The spot market has been fairly active but at lower prices. To-day the market was quiet and easier. DAILY CLOSING PRICES OF OATS IN NEW YORK. Mon Tues. Wed. Thurs. Fri. Sat. pt. decline advance. advance. opened, advance. .f.o.b. 32% 32% 32% 31% 31% 31% No. 2 mixed. Quiet at Barely st'j Steady at Steady at B'rely st'dy Easy at Market, 34 No. 2, white, clipped... .f.o.b. Nom. 34% 34% 33% 34 pts. 4 1@2 pts. unch. to 3 6@9 5@6 pts. 1@4 pts. 8 pts. advance. pts.adv'ce decline. decline. decline. P.M. decline. MIXED CHICAGO. 2 OATS IN OF NO. PRICES DAILY CLOSING Mon Tues. Wed. Thurs. Fri. Sat. The prices of futures at Liverpool for each day are given September delivery in elevator. 27 28% 27% 27% 27% 28 28% 28% 28% 28% below. Prices are on the basis of Uplands, Good Ordinary December delivery in elevator. 28% 28 29% 29% 30% 30% 30% 30 May delivery in elevator clause, unless otherwise stated. Steady Futures. Market \ unch.@l Firm at 3@4 pts. j Quiet at 6@8 pts. decline. Quiet at 6@7 pts. decline. Quiet at 3@4 pts. July July-Aug .. Aug.-Sept.. Sept .-Oct .. Oct .-Nov .. Nov .-Dec .. Dec .-Jan Jan .-Feb Feb .-Men Mch .. .-April- April-May. . May-June . Mon. July 31. Tues. Aug. 1. Wed. Aug. 2. pts. . The prices are given in pence and 100th. means 5 92-100<i. Sat. July 29. Quiet at 2@3 Thus: 5 92 Thurs. Aug. 3. Fri. Aug. 4. 12% 4 12% 4 12% 12% 12% 4 12% p.m. p.m. p.m. p.m. p.m. p.m. p.m. p.m. p.m. p.m p.m. p.m. d. d. d. d. d. d. d. d. d. d. d d. 5 92 5 91 5 97 91 91 5 97 89 85 88 91 5 97 84 93 5 99 90 86 91 94 6 00 87 88 96 6 02 93 6 03 97 93 89 04 98 6 04 90 90 95 99 6 05 99 91 6 05 96 912 00 6 06 96 97 6 06i6 00 92 Following are the closing quotations FLOUR. Fine Superfine Extra, No. 2 Extra, No. 1 Clears Straights Patent, spring.. @$3 $2 60 @ 3 30 @ @ @ @ 3 65 3 80 3 75 4 25 @ 5 60 20 3 60 3 75 3 90 4 25 5 10 6 55 @$5 Patent, winter.. $4- 90 City mills, patent 5 75 Rye flour, s'fine. 4 20 Buckwheat flour @ @ 25 6 40 4 80 Nominal. Corn meal Western, etc.. 3 15 Brandy wine.. 3 20 @ @ 20 25 GRAIN. — Wheat, per bush N. Dul., No. 1.. N. Dul., No. 2.. Red winter, No. 2 Hard " " Oats— Mixed, bush White No. 2 mixed No. 2 white c . f.o.b. f.o.b. f.o.b. f.o.b. 31 35 %@ @ c. 115% 110% 90% Nom. 33 39 Nominal. Nominal. Corn, per bush Western mixed. No 2 mixed No. 2 vellow No. 2 white Rye, per bush Western State and Jersey Barley Western.. Feeding — c. 57 @ f.o.b f.o.b. f.o.b. 71 @ Nominal Nominal Nominal c. 62 62 62% 62% 75 Ave. 5 l I REPORT. GRAIN — in the Ohio Valley the growth of com has been -.Mil. what lv K s checked by cool weather; but elsewhere in the principal com States this WINTER WHEAT.— ami New York. crop in Michigan , SPRING WHEAT.—-Spring-wheat harvest is in progress In Nebraska, Iowa, ami the southern portions of South Dakota ami Minneno rust damage being lis crop has made favorable progress, reported, except from scattered fields in South Dakota, where smul I. ate spring wheat was mateblight are also prevalent to some extent. riaUj damaged in Washington by hot winds of the preceding week, but Harvest is general in Oregon, with aboul the early crop escaped injury. the average yield ami quality. OATS.—Oats harvest has progressedufavorably and is now beci it ti the exception of some damgeneral in the more northerly States. age to harvested oats in Missouri, Oklahoma, Texas and Virginia, the repnits respecting this crop are highly favorable. I j i . — Wheat. Com, bb!s. Imsli. San Francisco. 33.191 Pugpt Sound.. 2,425 bush. 12,200 33.191 2,425 12,200 .50.315 IS. 000 Flour, — Oats, bush. Rye, Barley, bush. 450 11,600 450 11,600 160,000 bush. --- Total Total 1904 For other tables usually given here see page 539. THE DRY GOODS TRADE. Xcw York. Fndn ;, : Aug. 4 1905. Inquiries for cotton goods for immediate delivery again been on a large scale during the past week, but actual business has of necessity been restricted by reason of the Further advances have increasing scarcity of these goods. been recorded in certain lines, notably in bleach* d goods, and predictions are that the limit of higher prices has no1 been The more difficulty that buyers experience in reached. obtaining goods the more insistent they become, and the result has been numerous complaints that certain buv an- being discriminated against in the matter of delivery. There is probably some justification for this, and while si buy rs are doubtless willing to pay slightly higher prices than others in ord< r to secure goods,' yet the relations previ iusly existing between seller and buyer have a good deal to tin with the treatment accorded at the present time. A- a matter of fact, there are few buyers who raise an] stion as to price now as long a- they can gel the gooi have no difficulty in securing full asking prices. As far a- possible, they are apportioning their goods ding to the orders they receive, giving to each buyer a li than he would wish. This makes the scarcity all the apparent. Inquiries from China continue to some but little business lias been closed. Jobbers reporl a fair business so far, and expect a larger business during tie- coming week, when many buyers will be in town. There is no nut of speculation in purchases either at first or second Men's wear light-weight woolen and worsted g< hard-. have again been active and show an advancing tendency. i luoted number of buyers in town during (he past week has been the largest for some time, and as a result the business in men's wear woolen and worsted goods has been very active. There is a fixed idea in the minds of practically every one that prices will not remain long at the present level, and for this reason buyers are This is occasioning a placing their orders in large volume. good deal of anxiety in some quarters, where it is feared that, For this cancellations will be on a heavy scale later on. reason many agents have not hesitated to oversell their production, believing that a good many orders will never be Others, however, do not hold this view, or, if delivered. they do, believe that the increased purchases of some buyers In medium grade will offset the cancellations by others. lines worsteds are securing the bulk of the business, but the higher-priced trade is strongly in favor of woolens. A good deal of interest is being shown in homespuns by high-class merchants, and flannels also are attracting more attention than for some time. A feature of the season so far has been Mercerized worsteds the quick withdrawal of staple goods. continue to be very popular. Shepherd's plaid- are being Operations in neglected, as are all extreme styles of fabric-. the new season's dress goods are not likely to be active for Kverysome time, and little progress has so far been made. thing tends towards a worsted season, however, although rougher wool fabrics are likely to attract some attention. FOREIGN GOODS.— Imported woolen and worsted dress goods are still quiet, with practically nothing doing. Silks also are quiet, this being the between-seasons period. Ribbons are steady and in only moderate demand. Linens are firm and some good orders have been placed for spring Burlaps are firm. goods. DRY | ' i ! Importations and Warehouse Withdrawals of Dry Goods. The importations and warehouse withdrawals of dry goods at this port for the week ending Aug. 3, and since January 1, and for the corresponding periods of la.-t year, are as follows: M - o c o -. n a — '- - ^ —— i 5 a -* s —. exports of ids from this port for the week ending July 31 were 2.132 packages, valued at §162.700, their destination being to Intfi specified in the tables below: < 1! IVD Since Since York ' to July 31. rain European Week. 1!) 1 ll . . America Other Countries Total . 1 759 449 82,854 126 529 16,349 6,605 17,205 33 393 520 656 2,432 Week. . 250 :a CO Jan l Jon . 1 . 383 11 o 481 16,642 1,521 LOO 2 1 302 ;i C ' 3 a ° C ' -- r : ' ' ' \ \ \ \ \ ; : : : : i i 3 — ©10 © *" "*-bs Oi to tn toco to JO to*. GC-l "-) Oi OS -I -• © Ul Ww ac~i to ©© * £ OS u©Ol —* Z DO i-i IO 4» aorft, -/ 35 — i; — CO i:; IO IO co ." CO li CO / 10,646 905 *4! IS -1 • 11 189,1 I - 10 130.981 of these New York has since January '. $10,150,212. again.- 1 Sfc.OO'U.YJ the previous yi inquiries for heavy brown drills and Bheetings from the ae trade have not been large, but in somi irther ad' ave been recorded, and it i- ii gly difficult I i © — © © li cn — — -i •-' r. -© secure good-. Very little has ccomplished in the of export, a- agents :l r 'ted unabll to guai deliveries. It i- evident that many manufacturers of go suitable for export have over-old their output and v\i!l be unable to live up t,, their contract! etings, Light-wi from 4-yard upwards, are in mosl demand from the home trade and are being taken at full prices where th.y are to V. '- ~a Cnto H c— -i co © ii CO *— '-• _•/ 4- co — CO C. O. Cn Oi lili - ~ -l M - / CO CO •-. • : Z ill'' 1 1 1— (0 - 05 • —— C S S. Ol — li :• co — T. :: ~ — Z- -1 - -' O© C t'l I' — — i. i; i ii T. 30 j co - -.£ • . r. i i: - i ~ i: i ~ c • — ~ co © --• li -1 d— — CO i. z © r. -• ©00 - — ~ico J Ii — CO ©Co *. CO < 3 X ~i > * Ed i- 1 *. CO © Oi CO -7 DO -r —— — X to ©O OS - 1 *- 4~ CO Oi 4- 4CO i Oi to © -J © to 1 ii 'i _ li t--l © c©© i- — s. -. z © © 00 - 5 'rf>. o> — M oo — — *• Oi 00 Oi O OS rf>. — / CO 1> 00 CO ~ -• -Oi - / ~— © CO o — © co^j — ©© ii i: -' "-J — bi —— — — to oo -1 OS OS OOCOO)--! c; — — CO 4- 'I CO © / © — ii en © co -z i ~r. © :: © ©© -i 4i i — ~i-i cc© co'©—*—© —Cs- - z j, ' - -5 O- i 1 ' ©* © © -1 ~. CO li - M — © z / ii co -z r. — li — 4. li CO — — - s c Z ^) 01 to —*— 1 i ' to«eoi©oi •^'-1 — © C' — CO li — - xooootc _~ m— w —© z — b'?. co — ~ ; '— / 1 li - > -IM © S3 > r .oo ':. 1 • - tg O s -1 . -1 li Z C' — © i © o. '— — cob- — x ; — c c; i i: © co 00 o 2! • — t V 's. _ © ci Z — - 1 b - - Ci — -I C f - s I o 4l»0-. ©COOi'- K s W -1 - 2 -14- © — 31 ii — Oi© 1 COli — ~. — 1 i 3 -• - i — — Z - 1 / © — ©o© ©© i > 1 1 r co- — ^ : — CO i' — 1-1 - I - -ic- 1 ' 35 10 CO IC — — - --ICi C Z — o i ii. c r ©ic'/ i i; f' - — - - . - ' u © zl — CO -. — .— / — 10 - -• cc©--i- y - - © ;. "© -l J 1 1 - 4- 7i sillCi l M c '/ *- . _ ic 4- O. / - i — 31 -1 : i- :: -. i r. M ©©. r. •-• il M ; i — — - i:i ii ~ « - s ** — ; vsS.e;'; '< 5 - 1 c; Ol Ol *- CO o c 7. O i i -i © 7. -- K~ io c; ii — ii © i i 5C — C i i H - ' ' -1 --. -14- ii i 4k. to Oi 10 O —© li C CO© -1 "to*. oo co w - < i i tOCO 4»CO Ol to -r i i - o © ^J < li-l-l / : ! i i oc to — '. / CiC : ©M '- i_ WOc WC: » ; 2 i ii> iii v. ' o " — V— OiOi o to li h- *co -j . v: -j J- VS CO 1—i ! ; > = y. w CRCCtili ~ CO li 0"i Oi i— 4* ~J ii . i ' 5'! — _ * i s" • 1 — *k i ii" 2 2 3 ' i s c j: /. — t 1 1 1 - = 5 C - i i i ©— o - r~ ; - — 2 T 2 — S5 ~ii.ii —= 71 ,568 r. s - 3' CD "' C i i i i i I t* O — ; o", co 2 -: , ' ' ~ ; ©.— —/ -. ~- ' i P — 1 i : ' ~ : C ' • 2 ii H - - J,B>PSo s. © i ! The value way , H " —— - Z /. i DOMESTIC COTTON GOODS.— The 3\e. at WOOLEN GOODS.— The Exports of Grain and Flour from Pacific Ports. The exports of grain and Hour from Pacific ports for the week ending Aug. 3. as received by telegraph, have been as follows: From San Francisco, to various South Pacific ports, 840 bbls. flour, 125 bushels wheat and 300 bushels corn. Combining these figures with those for previous weeks, we have the following, which covers the exports to foreign countries for the period since July 1, comparison being made with the corresponding period of the previous year. Exports from 571 and the demand for these and .-heels and pillow cases is moderate. Colored goods in nearly all Instances are held at. Kid-finished value, ami the market is bare of spot goods. A fair business cambrics are in fairrequesl at recent figures. is being done in prints, with buyers unsuccessfully trying to Staple ginghams have purchase at the old level of prices. advanced, but line grades remain unchanged with a moderate business. A fair business has been consummated c. for 28-inch (i 1x00s. in narrow print cloths on the basis of 3 Wide goods are firm and unchanged and regulars are still Throughout the Atlantic coast excellent progress. In Tennessee, Arkansas, Indian Terrlt tricts a tine crop is indicated. aiul Northern Texas the condition of com is not so promts Threshing of winter wheat has been ii by wet weather in Southern Illinois and portions of the Missouri \ and Middle Atlantic states; Inn elsewhere tins work ha.-- advanced satisWinter-wheat harvest is finished, except a smalt part ol the factorily made crop has : be had. The scarcity, however, is interfering a good deal Prominent lines of bleached goods have with business. again been advanced during the week, and Fruit .if the Loom, Purl-l, is now quoted at Nc, with Lonsdal Ue QOl chases are not large for the reason that sizabl Wide sheetings have again been advanced, obtainable. Mr. James Berry, Chief of the Climate and Cron Division of the United States Weather Bureau, made public on Tuesday the telegraphic reports on the grain crops in the various States for the week ending July 31 as follows: . » rilK CllRONICLK. .»<>">. GOVERNMENT WEEKLY i 1 , ' • — / — liiO — CO - i z THE CHRONICLE. 572 Stats and Befawment. City MUNICIPAL BOND SALES IN JULY. bonds sold during the month of July— namely $10,071, 024— is smaller thanjthat of any month the current year, with the exception of February, in which month such sales aggregated $9,307,933. As always, we exclude temporary loans and Canadian issues from our totals, the former for July reaching $1,152,648 and the latter $528,- The total of municipal G36. exceptionally large issues were floated, Hudson County, N. J., with $888,000 ($750,000 public sales and $138,000 sinking fund takings), the State of Maryland with $666,000 and Milwaukee, Wis., with $465,000, making the largest No disposals. proved to be comparatively small the number of municipalities emitting bonds and the number of separate issues were quite large, these reaching during July 253 and 325, respectively. This contrasts with 285 and 384 for June 1905 and with 255 and 345 for July 1904. For comparative purposes we add the following table showing the aggregates for July and the seven months for a Although the aggregate of sales series of years. Month 1905 1904 1903. 1902 1901 1900 1899- For of July $10,071,024 33,233,254 15.670,240 12.X61.550 8,262,495 8,104,043 -- 18,613,958 Month the Seven Mos. 8123.121,0421 1898 " 171,102.409 1897 95,246,674 1896 100,489,945 1895 69,485,555 1894 86,047,708 1893. 81,959.334 1892 For of July. $7,868,563 17.389.859 5,313.495 15.374,660 8,253.237 1.691.600 4.139,100 the Seven Mos. $51,947,110 90.665.236 48.490,459 72,366,273 74,680,229 34,354,715 53,232,391 In the following table we give a list of July loans to the amount of $10,071,024 issued by 253 municipalities. In the case of each loan reference is made to the page in the Chronicle where an account of the sale is given. JULY BOND SALES. Name. Page. 224.. .Abbeville, La. Ohio... 277.. .Ada, 520.. .Ada Co. Sell. Dist. No. 45, — 4M Rate. 5 5 Idaho 277.. .Adams Mills S. D., Ohio. 5 5 520.. .Albany, Ga 4 278.. .Alliance, Ohio 4 278. .Alliance, Ohio 4 573. .Alliance, Ohio 4 573.. .Alliance, Ohio 6 224. .Alpha Sch. Dist., Cal 4 278. .Ansonia, Conn Wis 4 278. .Antigo, 5 573- .Ashland, Ohio 5 573- .Ashland, Ohio 6 520. .Assumption, 111 5 224. . Atchison Kan 5 520- . Avery ville, 111 . W2 520- .Ballard, Wash. 4 573- Bay City, Mich 574. .Bernalillo Co., N. 4H 278. .BertholdSch. Dist., N.D. 4 5 521.. .Bingham City, Utah 5 574. .Bird Island, Minn 6 .Bishopville, S. C 521. 3.65 574. .Blair County, Pa. , M 574. .Boston, Mass 3H 5 224.. .Bratenahl, Ohio -5 169.. .Bridgeport, Ohio 224. .Bronxville.N. Y. (2 is.).. 4 574.. .Brookings (S. D.) S. D.._ 5 4 278. .Bryan, Tex 5 574. .Bu'ford, Ga. (3 is.) 5 574. .Caldwell S. D.. Ida 5 278. .Central City, W. Va Sch. Dist., Cal... 6 .Central 521. 4 225. .Charleston, W.Va 574. .Charleston S. D. No. 34, • 1 Wash Amount. $40,000 5,000 100 104.10 dl910-1925 1906-1926 1906-1915 6,800 10,000 10,000 10,000 17,500 16,500 85,000 2,000 70,000 15,000 14,700 7,700 6,000 10,000 9,000 75,000 75,000 70,400 6,000 8,000 7,000 20,000 160,000 15,000 3,650 3,000 29,000 12,500 6,000 20,000 8,000 23,000 3,000 60,000 100 105.50 101.67 101.286 100.21 100 100 103.233 103.09 100.20 102.80 104 1925 1906-1908 1906-1908 1906-1910 1906-1910 1906-1929 1907-1921 1906-1912 1906-1912 1906-1908 1906-1915 1925 1925 1908-1913 dl925-1935 1925 dl915-1925 1925 dl925-1945 dl915-1935 1935 1906-1910 1910 dl915-1925 1930 1911-1930 dl915-1925 dl915-1935 dl925-1935 dl910-1915 6 .. 278. .Charlotte, Mich 521. .Chillicothe, Ohio 4H Iowa 5 521. .Clarence, 574. .Cleveland Hts..O.( 17 is.) 4}^ 4 225. .Clinton, N.Y 5 521. Clinton, Minn D., Mont 6 Cokedale S. 278. 521. Columbia Sch. Dist., Pa_. 4 170. Columbus (O.) Sch. Dist. 4 5 278. Cottage Grove, Ore 4 574. .Cook Co., Ill 5 574. .CookvilleS. D., Tex 5 225. .Cumberland Co., Tenn 4 521. .Dallas County, Texas 4 225. .Danville, Va 5 278. .David City, Neb... 4 Ohio 521. .Dayton, 4 .Dayton, Ohio 521. 4 521. .Davton, Ohio 5 574. .Delhi, Ohio 279. _Des Moines W. Des Moines Sch. Dist., la... 4 521. .Detroit, Mich 3H 3)4 521. .Detroit, Mich 5 279. .Dodge, Neb 5 279. .Dodge, Neb 3 522. .Douglas County, Minn (Wash.) D. S. .Douglas Co. 574. 6 No. 70 522. .Dravton Sch. Dist., N.D. .. 225. .Dunbar Twp S. D., Pa... 4H 279. .Dunkirk Sch. Dist., N.Y. .. 44 574. .Durham. N. C 6 225. .Dyer, Tenn 279. .Eastchester Sch. Dist. No. 4 2, N.Y 225. .East Palestine S.D., O... 5 : — Maturity 1910-1935 1925 1915 1909-1914 1905-1924 1925 dl915-1935 1925 1935 1906 dl915-1925 dl915-1925 dl910-1945 1935 1915 1909-1919 1910-1917 1910-1925 1925 dl910-1915 dl915-1925 dl910-1925 Price. 100'"" 108.344 102.31 100.095 100 100 100 103.571 100 100.007 100 101.29 102.566 101.67 106.80 100 100 101.52 106.30 100.756 3,000 2/100.50 99.197 35,000 18,000 104.18 101.808 5,500 101.276 90,665 100 7,000 6,000 100 2,000 30,000 101.666 25,000 107.20 101.062 20,000 250,000 100.004 4,000 100 25,000 103.569 151,000 100 74,000 100 100 3,000 15,000 102.03 20,000 102.356 20,000 103.167 114 3,000 40,000 150,000 100,000 2,000 8,000 8,000 100.255 100.25 100 1,000 8,540 100 1907-1931 32,000 18,000 50,000 2,500 101 1906-1920 15,000 19.000 Page. Nnmi Ra 225.. Elrnhurst 8. D. No. 46, 111 5 574.. Klimvood Place S. D., O. 4 225.. Elyria, Ohio 6 225. Fort Wash. S. D., Cal... 6 575. Franklinton (N.C.)S. D. 5 522. Freeport Sch. Dist. No. 145, 100 105.11 104.20 100.14 106.569 . Maturity. Amount. 1906-1909 1906-1925 1906-1915 1906-1910 1935 $10,000 111 Price. 7.000 14,500 2,000 10,000 101.80 101.60 103.76 103.60 105.55 66,000 101.038 21,000 9,000 40,000 30,000 50,000 1,500 14,500 10,000 102.395 105 102 105.776 100 101.40 101.283 100 575- Gallatin Co. (Mont.)S.D. No. 7 171. Gaylord, Minn 279. Gila Co., Ariz. 575.. Gloucester, Mass 279 Gloucester City, N. J 225.. Gratis Twp. .Ohio 522. Greene Co., I rid 171. Greer (S. C.) Sch. Dist. .. 522.. Grosse Point Sch. Dist. 4J3 5 5 4 5 4^ 5 575. 522. 279. 225. 279279171. 575. 225. 279. 522. 171. 171. 575. 575. 279. 522. 280. 575. 226. 171. 226. 226. 280. 522. Grundy Center (la.) S. Hackensack, N. J Hackensack, N. J Hamilton, Mont Hamilton, Ohio Hamilton Co., Ohio Hamilton Co., Ohio Hammonton N. J Hampshire, "l925 : " 5 4H 3H dl930-1955 D. 4J4 4 4 1915 4 1915 4 1918-1935 1907-1911 1910 15,000 100 3,500 102.62 122,000 101.125 13,000 10,000 yl01.57 105.057 7,000 100.056 50,000 103.59 6,000 Sch. Dist., 5 III Hancock Co., Ohio Handsboro, Miss Hanford High S. D., Cal. Harriman, Tenn Harrington S. D., Wash. Haverhill. Mass Haviland (O.) Sch. Dist.. Hazleton Sch. Dist., Pa_. Healdsburg S. D., Cal.. Hebron, Minn HoldregeS.D., Neb Hudson County, N. J Hudson County, N. J Hudson County, N. J Humboldt, Neb Huron Sch. Dist., Ohio.. Idaho Springs, Colo Independence Kan , — 5 .- 1915-1919 1925 5 5 4>£ 3^ 1906-1915 5 4 4 1927-1933 5 5 1906-1912 1925 1935 1935 4 4 .. '1915 5 dl915-1925 1906-1923 dl914-1919 1916-1925 1906-1925 4V2 5 '5 Indianola, Miss. (2is.) 5H Indianapolis, Ind 3H 5 Ironton, Ohio 5 Ironton, Ohio 5 Isanti Co., Minn Islip Sch. Dist. No. 2, N. 1915 dl915-1935 1906-1935 1930 dl908-1915 O1920 al913 dl915-1925 Mich 171. 279. 279. 225. 171. 225. 279. 522. dl915-1925 1915 1906-1910 4 Y 4 280. Jacksonville, Ohio 226. Jasper Co., Ind .226-. Jasper Co., Ind 172.. Jennings, La " City, Tenn. 280. Johnson 172. .Kewaunee, Wis 226. .Kingsbury Sch. Dist. No. 6 4J^ 4 5 5 4 1,N. Y 5 280. .Kings Mount., N. C 4J^ 575. .Knox County, Indiana 522. .LaddoniaSch. Dist., Mo. 4 522. .Laddonia Sch. Dist., Mo 5 5 575. .Lakewood, Ohio 5 575. .Lakewood, Ohio 4 Ohio 522. .Lancaster, 5 575. .Lancaster, Ohio 5 575, .Lancaster, Ohio 5 280- .Lankershim S. D., Cal 4 522. .Lasalle Co., Tex 172. .Lawrence Co., Ind 4H 5 280. .Lima, Ohio 5 280. .Lima, Ohio 4 280. .Little Falls, N. Y 575. .Liverpool Twp., Ohio 4H .. 522. .Lorain, Ohio D., N. C. 5 523. Louisburg Sch. Sch. Valley Nietos 280- .Los 5 Dist.. Cal .. 576. Lovelocks, Nev 226. McFall Sch. Dist., Mo... 6 172. McLeod Co., Minn. (3 is.) 6 4 523. Madison Co Tenn 226. .Mahanoy City S. D., Pa.. 3 4 523. .Mansfield, Mass 576. .Mansfield, Ohio (7 is.)... 5 7 226. .Maricopa, Co., Ariz 3>6 226- .Maryland Minn Co., 4J^ 226. Meeker 576. .Mendon (Mo.) Sch. Dist.. 5 Sch. Dist., 523. .Metropolitan — — . , Mich 6 172. Midland Park S.D., N.J. 576. Miles City, Mont 226. .Milwaukee, Wis. (5 is.).. 280. -Monroe, N.C 523. Montrose, Colo 576. Morehead, N. C 576. _Morganton(N.C.)S.D.__ 576. Morristown, Tenn. (2 is.). 523. Mt. Campbell Sch. Dist., 5 4 4 281. ..Pontiac, 111 r 173. ..Pontiac Twp. (111.) High Sch. Dist 281. .Port Clinton, O. (3 is.)... 281 ..Prairie City, Ore.. 227 ..Princeton, Ky *77 Putnam Co., Ind. 1925 1906-1915 1906-1915 1906-1915 1917 1906-1914 1907-1916 1907-1916 al925 1915 1909-1915 1906-1913 1935 1906-1915 dl915-1925 dl910-1915 1906-1915 1906-1910 1912 1906 1907 1910-1915 dl910-1945 1906-1925 1906-1915 1910-1934 1935 1907-1925 1903-1912 1908-1915 dl935-1945 1935 1925 dl914-1919 1915 1910 1910-1925 dl915-1920 1906-1925 5 5 5 5 5 6 Cal 523. Mt. Carmel, Pa 280. .Naponee Sch. Dist., Neb. 227. Nevada, Mo 280. New Bedford, Mass. (3 is.) 280. New Bedford, Mass 280. .Newberry, S. C 172. New Rochelle, N. Y 523 _ Nobles Co., Minn 523. No. Plains Twp., Mich.. 523. .Oberlin, Ohio 281. .Outside Sch. Dist., Cal... 576. .Orange Twp. Sch. Dis.,0. 227- — Painesville.Ohio 227. .Park (Tex.) Sch. Dist 227. .Penrvn Sch. Dist., Cal 576. .Peterborough, N. H 281. .Phillipsburg, N. J 576. .Pinole-Hercules S.D., Cal. 227. .Piqua, Ohio 576. Plymouth, O — dl910-1915 "l935~~ [Vol. lxxxi 4 5 4}£ 4 3H 4H 4 iY2 dl915-1920 1930 1925 1935 1910-1915 dl925-1935 dl910-1915 1915 1915-25-35 1925 1930 1910-1930 1908-1915 _. 5 8 4 5 5 5 1915 1915 1907-1910 1906-1910 dl920-1945 1906-1917 .. 4 5 4 5 5 5 5 6 6 1925 1906-1929 1925 1910-1921 1925 1910-1919 dl910-1920 1925 100.402 18,000 3,000 104.009 13,000 4,000 105.07 10,000 102.05 100,000 100 8,000 100 28,000 8,000 103.90 38,000 100 35,000 100 3,500 107.05 17,000 102.578 750,000 38,000 rlOO 100,000 rlOO 100 4,000 18,000 103.165 75,000 100 100,000 40.000 ylOO 103.21 45,000 104.31 6,100 104.31 4,200 104.45 5,800 . 11,500 900 15,000 19,500 35,000 10,000 8,000 8,000 15,000 3,479 2,000 1,000 32,5251 8,000/ 3,500 500 500 100.501 104 100.60 100.666 101.167 100 i/100.062 101.233 100.43 105 102.10 100.161 100.857 101.05 102.09 104.45 100 100.335 103.725 103.309 100 101.103 6,000 6,000 9,240 20,000 8,100 20,000 29,000 3,000 10,000 2/105.515 20,000 12,000 5,000 30,000 150,000 15,000 7,000 31,400 1,600 666,000 52,000 5,000 106.77 5,000 8,000 10,000 465,000 20,000 65,000 15,000 12,500 45,000 102.02B 100.288 101.40 104.40 101.065 3,000 50,000 3,000 10,000 107.62 103.50 100.333 102.75 193,0001 100,000/ 24,000 85,000 8,000 10,000 17,000 3,000 3,500 11,500 3,500 6,000 5,000 4,700 12,000 65.000 6,000 34,000 20,000 19,600 10,000 35,000 3,350 105.02 107.283 100.333 108.27 100.31S 117.50 100 104.24 104.20 105 104.079 100.833 103.705 100.70 101 107.059 10S.33 •] 100 102.50 100 • 102 106.71 101.816 106.712 112 108.08 103.17 95 106.42 100.522 : 1 Aug. THE CHRONICLE. 5 1905.1 Kate. Name, Page. -577. .Putnam Co., Iml <.'<>.. lml -;.7 7Putnam 577. -Qulncy. Mass. (2 Issues). 4 3.l j 577-.Quincy. Mass. 227 .Qulncy (111.) Seb.Dist... 5 Kantoul Sch. Dist., 111.. 4Js 577 5 523.. Rapid City, S. D 4\i Red BluffS. !'-. C.il 227 .•si .Richfield Spgs,, N. V5 Richmond Co., N. C 4 Roanoke. Va 3 Rockland, Me 677 173.. Rocky River S. D., Ohio. 5 5 .Rut lit on. Minn ;>7 7 Maturity. Amount. Price, LOO 568 101.171 1906-1930 1907-1914 14,500 3,500 10,900 27., 000 120,000 1910^1925 7.1.000 LOO 1907 1922 1915 1924 32,000 lo.;. 55 20.0110 100 . — - :;'_• Saginaw, Mich... Saginaw Mich. (2 is.)... 4 4 St. Albans, Vt 524 fl -St. John. Ore Sell. Ore.' Johns St. 6 Dlsl .No.2 5 .St. .Marys. Ohio N. Y 4 238 Salamanca, ;.77 6 Ohio Salem, 281. .Salt Lake County Sch. . - tf mi.;:, 1935 1920 000 107.07) 24.000 1103.50 2."., i 1,000 9,000 1 1 925 1,000 9 5 24,000 1 1906 1915 1925 1900- 19 15 107). 41 17). 001 7.000 10,000 10'. 100.625 loo 101.20 104.80 104.61 i Utah (5 is.) .'si san Bruno S. D., Cal Sandusky, Ohio 281.. Sandusky, Ohio... 5 5 4 Dists., .Sardinia. X. Y_. 281. .Sauk Centre, Minn Haven Schuylkill 4 Sh 4 .Scotia, N. Y.._ - otland Co., Mo Seneca Falls S. D., X. 578. .Sherburne Co., Minn 524.. Sheridan. Wyo 173.. Sherman, Tex .Sni-a-bar Twp., 314 4\i 4)4 Y. 3?i 5 5 5 Mo .Snohomish Co., Wash... 524. .Somerset Sch. Dist Pa.. 524. .South Bend, Ind .So.GreenBburgS. D.,Pa. 524.. So. Norwalk, Ct. (3 is.) , - - ..Springfield, 624. .Springfield way HI (111.) 10.000 21.000 100 1900-1922 15,000 17,000 100.60 100-588 cil910-1925 62,7.00 192;; 1906 1920 1910 1915 1908-1913 1915 108.21 20,000 9,000 5.500 106.30 11,389 10,000 100 100 4 ZH 4 4 5 4 4 c/1910-1935 1906-1933 41915^1925 1906-1929 dl910-1920 (/1915-1925 1935 1910-1912 c/1915-1935 1925 10,000 90,000 5,000 35,000 40,000 38,000 12,000 24,000 53,000 IS, 000 33,000 20,000 280,000 128,000 101.50 100 101.52 100.014 100.437 100.263 105.65 100 100 loY.363 107..SS.5 105.57 102.25 Drive- Dist 4 1906-1923 50,000 1/100.61 5 1930 8,000 5,000 105.783 6,000 8,000 100.137 100 5,000 100 6,000 116,000 100.43 30,000 100.025 101.815 40,000 3,000 100 8,000 100 110,656 xlOO 110 12,000 310,521 104.73 524. .Springfield Sch. Dist. No. 36, S. C 524.. Stephenson Twp., Mich. 229.. Sterling, 111 624.. Sterling, 111 578.. Sterling, Kan 578.. Stratford S. D., Iowa 174.. Sumter, S. C 282.. Taunton, Mass 524.. Teton County. Mont 229.. Theresa, N.Y 524..Timberhill Twp., Kan... 524. .Toledo, Ohio 282. .Tropica Sch. Dist., Cal... 229..TT0V.X. Y 282.. Trumbull Co. Road Dist. No. 2, Ohio 282.. Tuscarawas Co., Ohio 1 75.. Tuxedo (X. Y.)S.D. No. 6 524.. Union Twp. S. D., Iowa. 282..Utica, X. Y 2S3..Yicksburg, Mich .. 4)4 4 3 4 4)4 3)4 4Y* 4 4)4 4 5 4 5 6 4 4)4 4 4)4 579..Wakonda(S. D.)S.D... 5 525..\Yalden, N. Y dl920-1925 1915 1906-1929 1915-1925 1906-1907 1906-1925 1906-1915 1906-1911 4)4 4)4 dl906-1915 5 2S3..WardCo.,N.Dak.. 4)4 3)4 525..Waterville, Me 230. .WeatherfordS. D., Tex.. 5 230..Wellston, Ohio 5 579..Wellsville, Ohio 4)4 283..Westfield,N. 4 175. .West Hoboken.N. J 4 230.. West Homestead, Pa 4 230. -West New York, X.J 4Yi 176.. West Springfield. Mass... 4 579..WillitsS. D.,Cal 5 525.. Winnebago Co., Iowa 4 Y 230.. Woodville, Ohio 525.. Xenia, Ohio 176.. Yakima Co. (Wash.) Sch. Dist. No. 6 _ 176. .Yakima Co., (Wash.) Sch. Dist. No. 77 176..Yalabusher Co., Miss 525.-Yazoo-.Mississippi Delta Levee Dist 230..Yonkers Sch. Dist., N.Y. 525..Youni.'stown, Ohio 230._ZanesviUe, Ohio. 1907 1920 f/1925-1945 1915 1917 1909-1912 al913 1925 1935 dl915-1945 1906-1915 1925-1931 1910-1924 1925 1909-1933 1930 1906-1930 1906-1920 1907-1914 1925 1906-1915 1906-1915 4 525..Waldron, Mich... 525..Woodburv, N. J 1918-1923 1911-1918 4 5 102.256 100,000 102.347 25,000 102.22 20,000 15,000 2/100.666 100 41,843 102.50 7,000 5,000 """ 2,000 100 104.016 3,760 104.20 150,000 100.048 35,000 1,999 100 103.916 6,000 105.56 1S.000 101.666 15,000 100,000 103.03 100.143 70,000 108.278 150,000 104.547 50,000 104.166 12,000 10,000 lbY.312 20,500 102 20.557 101.846 38,000 1,200 100 4)4 dl906-1915 5 5 dl930-1955 1920-1922 1900-1910 4 1915 4 4 700 15,000 100 101.34 145,000 27,700 9,850 10,000 100 104.83 102.94 101.588 oAverace of dates of maturity. rfSubject to call in and after the earlier year and matue in the later year. feXot including 31,152,648 of temporary loans reported and which do not belong in the list. xTaken by sinking fund as an investment. yAnd other considerations. In addition to the above we have recorded during the month of July the following sales by municipalities outside the United States. BONDS SOLD BY CANADIAN MUNICIPALITIES. Page. .\ame. Rate. 224.. Calgary, Alberta (2 is.).. 5 279..Gananoqne, Ont 4 576...Maple Creek. X. W. T... 6 226. .Medicine Hat, Assa 5 280.. Mont real Catholic Sch. Dist., Que.. 4 227..Xutana Sch. Dist. 869, W.T T(J tal consummate the sale in which the reason may for the be found. Name of Municipality, Carrington, N. Dak. (May list)... 621.. Clinton, Minn. (May list). 52.3 .Louisburg Sch. Dist.. N. S. (May list) Miami. Fla. (March list) 226 227. Qulncy (111.) Sch. Dist. (June list) 228 Salamanca, N. Y. (May list) Amount 16,500 6,000 10,000 33,000 120,000 15,000 We have also learned of the following additional sales for previous months: Mnturitii Rate. Amount. Name. Price. Page. 224.. Aliquippa, Pa. (March).. 4Y2 224. -Aspin wall Sch. Dist., Pa.(2is.) 4Y2 224.. Augusta Water Dist., Me. 4 27s H:iv Citv Sch. Dist., Tex. 5 CliamllervilleS. D., 111... 5 224 6 225.. Grace ville, Fla 227. Hamburg, N. Y 4)4. .si 5 Cal above 1925 1906-1920 22, 000 228,000 21,000 8,000 5,000 22,050 107.25 100.44 100.50 103 100 1906-1910 5,000 100.50 1907-1913 1912 1906-1907 7,000 35,000 4,000 103.35 1934 <M915 1945 226..McKinley Sch. Dist. No. 5 18, Minn 227.. Mountain View Sch. Dist. f,)4 4 103.553 5,000 100 except as indicated are for June. These additional June issues (less the Quincy item referred to above) will make the total sales (not including tem porary loans) for that month $18,789,721. All the sales News — Items. — Philippine Islands. Bond Offering. Subscriptions will be received until 2 p. m. Aug. 25 by Capt. Frank Melntyre, Acting Chief of Bureau of Insular Affairs;, War Department, Washington, for $1,500,000 4 per cent coupon gold temporary certificates of indebtedness. Authority, Act of Congress entitled "An Act to establish a standard of value and to provide for coinage system in the Philippine Islands.!'. Date Sept. 1 1905. Denomination $1,000. Interest payable quarterly. Maturity one year. Securities are exempt from all taxation, either Federal, State or local. These certificates will be at once accepted at par by the Treasury Department as security for deposits of public money of the United States in national banks in substitution for State, municipal or Philippine bonds and certificates of indebtedness now held to secure such deposits; and in substitution for United States bonds now held as security for deposits, on condition that the Government bonds thus released be used as security for additional circulation whenever, in the judgment of the Secretary of the Treasury, it is desirable to stimulate an increase in national bank circulation. A certified check for 1% of the face value of the certificates bid for is required. Bond Proposals and Negotiations this week have been as follows Alliance, Ohio.— Bond Sale.— The $85,000 4% 1-5-year (serial) street-improvement bonds and the $16,500 4% 1-3-year (serial) sanitary-sewer bonds offered but not sold on July 10 have been disposed of to W. J. Hayes & Sons, Cleveland, at par and interest. Proposals will be reArlington, Neb. Bond Offering. ceived until 8 p. m. Aug. 22 by Thos. Fennell, Village Clerk, for $14,000 5-20-year (optional) coupon water-works bonds. Denomination $500. Date Aug. 1 1905. Interest semiannually in New York City. Bonds are exempt from village tax. Bids to be based on bonds bearing 4%, 43^% or 5 — — % Certified check for $150, payable to J. C. Blackburn, President Village Board, required. The village has no debt at present. Interest. Total bond'sales for July 1905 (253 municipalities covering 325 separate issues) fcS10,071,024 N. ._. 576. .Prin.. Albert, Sask 576. . Prince AlVrt. Sask 228.. St. Thomas. Ont. (3 is.).. our paper of the issue of failure to 227.. Pembina Co., X. Dak 280..Weedsport, N. Y Sch. Pa Hist.. 1906-1925 number 573 6 4)4 4'4 4'A Maturity. Amount. 1925-1935 868,000 118,500 1933 Price. 106.994 1906-1925 1925 8,000 25,000 100 101.08 1945 200,000 102.07 1906-1925 1 900-1935 1900-1915 7,0,000 9,000 2,600 47,636 107.833 9S.00 98.00 101.211 $528 ,636 REVISED TOTALS FOB PREVIOUS MONTHS. The following items, included in our totals for previous months, should be eliminated from the same, as the sales have not been carried to completion. We give the page Ashland, Ohio.— Bond Sale.— On July 10 the $14,700 5% (average) coupon street-improvement bonds were awarded to the First National Bank of Ashland at 102.80. On the same day the $7,700 5% 4-year (average) coupon street-improvement bonds were awarded to Elza McConnell at 104. See V. 80, p. 2634, for description of bonds. Avalon, Allegheny County, Pa. Bond Offering. Proposals will be received until 7:30 p. m. Aug. 10 by E. E. Custard, Borough Clerk, No. 418 Forest Avenue, Avalon, for the $3,500 Health Department, the $5,000 bridge and the $2,000 borough-hall improvement 4% bonds voted at the election held June 3. Denomination $500. Date July 1 4-year — — .Maturity 1905. Interest semi-annually, free from tax. $500 yearly on July 1 from 1915 to 1913 inclusive and $1,000 July 1 1934. Certified check for $1,000 required. Bangor, Pa. Bonds to be Issued. It is stated that this place will issue $30,000 building and bridge bonds. Bay City, Mich.— Bond Sale.— On July HI the $75,000 4% local-improvement debentures described in V. 81, |>. 520, were awarded to R. L. Day & Co. of Boston for 875,071 25. This disBells (Tex.) School District.— Bonds Voted. trict on July 26 voted to issue >>10,000 5% 3-40-year (optional) school bonds. So sale has Bennetts ville, S. 0.—Bonds Not Yet Sold. yet been made of the S">,000 4}4% 20-40-year (optional) We are inelectric-light bonds described in V. 80, p. 1747. formed, however, that negotiations arc ao* pending for the sale of these bonds. — — — — THE CHRONICLE. N. M. — Bond Town Clerk (P. 574 Bernalillo County (P. O. Albuquerque), Sale.—On July 24 the $70,400 20-30-year (optional; refunding bonds described in V. 81, p. 27*, wen' awarded to N. W. Harris & Co. of Chicago at par for 4*^ per cents. Bids wore also received from Spitzer & Co, of Toledo and from John Nuveen & Co., E. II. Rollins & Sons and !'. EL. Fulton & Co. of Chicago. Bird Island, Minn.— Bond Sale. —On July 2!) the $7,000 20-year water and light bonds described in V. si p. 521, were awarded to F. E. Magraw of St. Paul for $7,250. Blair County (P. 0. Hollidaysburg Pa. Bond Sale. On July 29 the $100,000 3.05% 10-30-year (optional) 5% not exceeding [Vol. lxxxi. O. Tamarack), for $3,500 20-year bonds at interest. Securities are dated July 1 6% 1905. — — Cleveland Heights, Ohio. Bond Sale. On July 25 the seventeen issues of 4}^ </l jment bonds aggregating $90,665, a description of which was given in V. 81, p. 169, were awarded to Lamprecht Bros. & Co. of Cleveland at 101.276. — — registered insane-building bonds described in V. 81, p. 278, were awarded to W. J. Hayes & Sons, Cleveland, for $11 Coal Township, Perry County, Ohio. Bond Offering. Proposals will be received until 12 m. Aug. 14 by John D. Martin, Township Clerk (P. O. New Straitsville) for $19,000 6% coupon road bonds. Denomination $500 except two bonds for $1,000. Date Aug. 14 1905. Interest semiannually on March 1 and Sept. 1 at the .Martin Bank Co. of premium. New , ) — — — , — Boston, Mass. Bond Sales. The following bonds were issued during the month of July to local funds: 310,000 3>i % 30-year park bonds sold at. par to the Public Library of Boston. Date July 1 1905. 5,000 3^2% 30-year park bonds sold at par to the Teachers' Retirement Fund. • Dale July 1 1905. • • Bridge ton, N. J .—Description of Bonds.—The $15,000 4% , Straitsville. $500.. Mar. 500.. Sept. 500...Mar. 500.. Sept. 500. .Sept. 500. .Sept. 500. .Mar. 500. .Mar. 500_.Mar. Maturity as 1008 1909 $500. .Mar. 500.. Sept. 1911 500...Sept. 1 1912 1913 1914 1 191(1 1 1917 1918 500. .Sept 500.. Sept. 500.. Mar. 500. .Mar. 500..Sept. 500.. Mar. 1 1 1 1 1 1 1 1 1 1 1 l 1 1 1 1919 follow.-: |500..Mar. 500.. Sept. 500. .Mar. 500.. Sept. 500.. Mar. 1922, BOO sept. 1924 500.. Sept. 1924 1,000.. Mar. 1925| 500. .Sept. 19 19 1920 1921 1922 1 1 1 1 1 1 1 1 1 19261 $500. .Mar. 1926 500.. Sept. 19271 500.. Mar. 1 1 1 1927 500..Sept. 1928 500.. Mar. 1928 1,000.. Sept. 1929 500.. Mar. 1930 500.. Sept. 1930 500.. Mar. 1 1 1 1 1 1 1931 1931 1932 1932 1933 1933 1934 1935 1936 Accrued interest to be paid by purchaser. Certified check for 1% of the bonds bid for required. Columbia, S. C. Bond Offering. Proposals will be rethe office of the City Treasurer. Maturity Sept. 1 1925. ceived until 2p.m. Sept. 1 by the City Clerk and Treasurer Bonds are exempt from taxation. Barton S. Sharp is City for $400,000 4% coupon water- works bonds. DenominaComptroller. tions 300 bonds of $1,000 each and 200 bonds of $500 each. Bristol County (P. O. Taunton), Mass. Bond Sale. On Aug. 1 the $30,000 4% 5-year building notes described in Date July 1 1905. Interest semi-annual. Maturity July 1 V. 81, p. 278, were awarded to Adams & Co. of Boston at 1945. Certified check for $15,000 required. 101.711 a basis of about 3.624%. Following are the The official notice of this bond offering will be found among bids: coupon refunding bonds mentioned in V. 81, p. 169, will be offered for sale about the middle of this month. Denomination $500. Date Sept. 1 1905. Interest semi-annually at — — — — — Adams & Co., Boston 101.711 Blake Bros. & Co., Boston Blodgct. Merritt & Co., Boston.. 101. 71 E.H.Rollins &Sons, Boston Cambridge Trust Co 101 .59 S. A. Kean, Chicago R. L. Day A Co., Boston 101.567 — 101.46 101.377 .101.30 | — Brookings (S. Dak.) School District. Bond Sale. On July 28 the $12,500 5% 10-20-year (optional) school-building bonds described in V. 81, p. 169, were awarded to Albert C. Case of New York City at 106.80 and interest. Following are the ybids: Albert C. Case, New York S13.350IN. W. Harris & Co. .Chicago 812,816 " R. Kieybolte & Co., Cincinnati . 13,151 Farson. Leach & Co., Chicago 12,750 F. A. Magraw, St. Paul 13,100 C. H. Coffin, Chicago 12,701 Minn. Loan & Tr. Co., Minn'polis.al2,935 And four others <_ S A. Kean, Chicago. 12,875 . And blank bonds. Brookside, Ohio. Bond Offering. Proposals will be received until 12 m. Sept. 2 by John C. Curtis, Village Clerk, for $1,250 water and $1,250 sewer 5% 10-year bonds. Denomination $250. Date Sept. 1 1905. Interest semiannual. Accrued interest to be paid by purchaser. Buffalo, N. Y. Bond Issues. The following issues of bonds have been authorized: a — — 3% judgment bonds dated July 24 1905 and maturing July 1 1906. Bonds to be taken at par by the New York Chicago & St. Louis Railroad Grade Crossing Bond Sinking Fund as an investment. 5,000 00 4% Department of Assessment bonds dated Aug. 1 1905 and maturing July 1 1906. Bond to be taken at par by the Bailey Ave. Sewer Sinking $1,883 83 the advertisements elsewhere in this department. — — Columbus Grove, Ohio. Bond Offering. Proposals will be received until 12 m. Aug. 29 by M. D. Long, Village Clerk, Denominafor $12,300 5% Sycamore Street paving bonds. tion $1,230. Date Sept. 12 1905. Interest annual. MatuAccrued interest to be paid by purchaser. rity ten years. Certified check for 4% of the amount of bonds bid for, paySuccessful able to the. Treasurer of the Village, required. bidder must furnish blank bonds free of charge. These bonds were recently awarded to P. S. Briggs & Co. of Cincinnati (see V. 81, p. 521), but were subsequently refused on the stated grounds of irregularity in the published notice of sale. — Cook County (P. O. Chicago), 111. Bond Bid.—The onlv bid received July 31 for the $250,000 4% 1-year bonds described in V. 81, p. 278, was that of the State Bank of Chicago, which institution offered $10 premium for the issue. Bond Sales Cookville (Tex.) Independent School District. On July 27 the State Board of Education purchased at par the $4,000 5% 10-20-year (optional) school-house bonds registered by the State Comptroller on July 21. Bonds are dated June 1 1905. — — Delhi, Ohio.—Bond Sale.—On July 31 the $3,000 5% 20-year coupon street-improvement bonds described in V. 81, p. 225, were awarded to the Cincinnati Trust & Safe Deposit Co. at 114 and interest a basis of about 3.979%. Following Buford, Ga. Bond Sale. We are informed that the $10,- are the bids: 000 light, the $6,000 water and the $4,000 school 5% bonds, Cincinnati Tr. & Safe Dep. Co. .S3, 420 00 Seasongood & Mayer. Cincin...$3,323 5 mentioned in last week's issue, have been purchased at par Weil, Roth & Co., Cincinnati... 3,365 00 W. R. Todd- & Co.. Cincinnati.. 3.255 00 Douglas County (Wash.) School District No. 70. Bond by the Robinson-Humphrey Co. of Atlanta. Denomination On July 22 $1,000 6% 5-10-year (optional) building Sale.— Interest January and July. $1,000. Maturity from 1911 bonds were awarded to the Spokane & Eastern Trust Co. to 1930 inclusive. Caldwell (Idaho) School District. Description of Bonds. at par. Denomination $500. Interest annual. Dover, Ohio. Bond Offering. Proposals will be reThe $8,000 5% school-house bonds recently sold to the State of Idaho at par (see V. 81, p. 278), are in denomination ceived until 12 m. Aug. 19 bv J. F. Defenbacher, City Audiof $500, dated Julv 1 1905. Interest semi-annual. Matu- tor (P. O., Canal Dover), for $3,200 5% 10-13-year (serial) paving and curbing bonds. Denomination $800. Date rity July 1 1925, subject to call after July 1 1915. Interest semi-annual. Accrued interest to be Oct. 1 1905. Carthage (N. Y.) Union Free School District No. 1. Bonds Not Sold.— All bids received July 31 for the $28,000 paid by purchaser. Certified check for 10% of bonds bid for, payable to the City Treasurer, required. high-school bonds described in V. 81, p. 521, were rejected. Durham, N. C.—Bond Sale.— On July 31 the $50,000 4}4% Cass County (P. O. Logansport), Ind. Bond Offering. Proposals will be received until Aug. 8 by the County 30-year school bonds described in V. 81 p. 279, were awarded Treasurer for $5,600 4*^% coupon gravel road bonds of to Estabrook & Co. of Boston at 105.11 a basis of about 4.20%. Following are the bids: Jackson Township. Fund 4% as an investment. Departmentof Public Works bonds dated Aug. 1 1905 and maturing Aug. 1 1906. Bonds to be taken at par by the New York Chicago & St. Louis Railroad Grade Crossing Bond Sinking Fund as an investment. 292,133 48 3y2 % 5-year tax bonds dated Sept. 1 1905. 16,457 90 — — — 1 — \ — — — — — — — — , — — — — $51,200 $52,555 00|O Connor & Kahler, N. Y Estabrook & Co., Boston Seasongood & Mayer, Cincin.. 52,137 00 Sanborn & Co., Port Huron.. 51,000 Union Sav. Bk. & Tr. Co.,Cin. 51,915 00 Central Trust & Safe Deposit _.. 50,975 Co., Cincinnati... Townsend, Scott & Son, Bait. 51,91125 F. L. Fuller & Co., Cleveland. 51.555 00 W. R. Todd & Co.. Cincinnati 50,750 50,142 N. W. Harris & Co., N. Y Hambleton & Co. and Baker, Watts & Co., Bait.. 51,392 50 W. J. Hayes & Sons, Cleve... 50,025 50,000 Weil, Roth & Co., Cincinnati. 51,211 00 Durham Loan & Trust Co - — Castana, Iowa. Bond Election. A special election, it is stated, will be called in this town to vote on the question of issuing $2,500 pumping-station bonds. Central Lake, Mich.—Bonds Defeated. This place recently defeated a proposition to issue $20,000 water and light bonds by a vote of 67 for to 102 against. Charleston School District No. 34, Kitsap County, Wash. —Bond Sale.—On July 25 $3,000 6% 5-10-year (optional) bonds of this district were awarded to Wm. D. Perkins & Co. of Seattle at 100.50 and blank bonds free of charge. Denomination $100. Interest annual. Chester Township School District, Burlington County, N. J.— Bond Sale. On Aug. 1 the $30,000 4% 4-18-year (serial) coupon bonds described in V. 81, p. 521, were awarded to the Burlington County Safe Deposit & Trust Co. of Moorestown at 101.116. Following are the bids: Burlington Co. S. D. & Tr. Co. ..830,335 H. L. Crawford & Co., N. Y §30,084 Harde, Bonner & Co., New York 30,240 Camden Safe Dep. & Tr. Co 30 078 Howard K. Stokes, New York.. 30,102 Sec. Trust Co., Camden 30,015 Clark, Maitkin County, Minn. Bond Offering. Proposals will be received until 2 p. m. Aug. 12 by S. W. Barott, — 1 — 00 00 00 00 00 00 00 Bond 12, Clay County, Neb. Offering.— Proposals will be received until 8 p. m. Aug. 11 by S. W. Christy, Secretary Board of Trustees, for $21,000 4J^% Edgar School District No. Date July 1 1905. Interest semi-annually at the Maturity $5,000 July 1 1910, the County Treasurer. $5,000 July 1 1915, $5,000 July 1 1920 and $6,000 July 1 Certified check for $500, payable to the District 1925. AsDistrict has no debt at present. Treasurer, required. sessed valuation 1904, $211,972. Elmwood Place School District, Ohio. Bond Sale. On July 28 the $7,000*4% 13-year (average) refunding bonds described in V. 81, p. 45, were awarded to Weil, Roth & Co. a basis of about of Cincinnati at 101.60 and interest 3.843%. Following are the bids: bonds. office of — — — Weil Roth & Central Trust Cincinnati Co., Cincin & Safe Dep. Co., $7,112 00 Seasongood | I 7,070 70) & Mayer, Cincin.. $7,055 00 Cincinnati.. 7,000 00 W. R. Todd & Co., — Aug. THE CHRONICLE. 5 19k5. I,—Bond Sale— On Englewood, N. 2 S7r>.000 Aiii;. I" school bonds were awarded to N. W. Halsey & Co. of New DenomiYork City at L03.058 -a basis of aboul 3.828' Maturity Sept. 1905. 1935. DateSept. nation 11,000. Minn. — Bond Offering. ProErskine, Polk County, by L. K. Larposals will be received until 7:30 p. m. Sept. funding bonds. Authson, \ ilhii^o Recorder, for $3,000 Denomination $500. Inority election held July 11 11)0"). Maturity SI, 000 in six, SI, 000 in eight terest semi-annual. and $1,000 in ten years. , . 1 I — 1 .">' j Essex County, Mass. — Loan Offering. — The County Com- missioners will receive proposals until Aug. 7 for $55,000 Authority Chapter 254, 1-year notes dated Aug. 10 1905. Laws of 1905. Fall River, Mass. — Temporary Loan. —The City Treasurer has borrowed §100,000 for four months from F. S. Moseley a Co. of Boston at about 3.37'"; discount. This Falls County (P. O. Marlin), Tex.— Bonds Voted. county has voted to issue bonds for bridge purposes. Fayetteville, N. C.—Bond Sale.— On Aug. 1 the $30,000 '-year eleetrie-light and funding bonds described in V. 81, p. -79. were awarded to Seasongood & Mayer, CincinFollowing are the bids: nati, at 100.40 and blank, bonds. >ogood * Mayer, Clnn.__a$$31.920|Sanborn A Co.. Port Huron... $31,201 John Nuvecn & Co., Chicaco.. 31,127 Bank of Fayetteville. Fayettevllle o 31.915 E. Seymour & Co.. New York. 30,993 F. M. Stafford .t Co.. Chatt 031,905 S. A. Kean, Chicago 30,960 31,8291 W. J. Hayes * Sons. Cleveland. 30,900 F. L. Fuller * Co.. Cleveland.. Kllenwood Hank of Fayetteville 31,800 Browne, & Co.. Chic. 30,703 3 1, 780 Southern Heal Estate Co Farson. Leach A Co., Chleasro.. 30,750 In. Saw Bk. ATr.Co.,( incin.. 3 1,626 W. R. Todd & Co., Cincinnati.. 30,500 Weil. Roth A Co., Cincinnati... 31.4751 Findlay, Ohio. Bond Offering. Proposals will be received until 12 m. Aug. 28 by W. Demland, City Auditor, for $14,000 5% Washington Street paving bonds. Denomination $500. Date April 1 1905. Interest semiannual. Maturity $500 each six months from April 1 1906 to October 1 1911 inclusive; $1,000 each six months from April 1 1912 to Oct. 1 1915 inclusive. Accrued interest to be paid by purchaser. Certified check for 3% of the bonds bid for, payable to the City Treasurer, required. Frankhnton (N. C.) Graded School District. Bond Sale. —The $10,000 5 r ; 30-year school bonds dated July 1 1905 were awarded on July 17 to the Citizens' Bank of Franklinton at 105.55— a basis of about 4.65^%. See V. 81, p. 171, and V. 80, p. 2635, for description of bonds. Gadsden, Ala. Bonds Voted. This city on July 24 authorized the issuance of $150,000 bonds by the following vote: — • 1 1 — — — — • — $100,000 water-works bond. Note 181 to 80. 30.000 seweraee bonds. Vote 216 to 43. 20.000 street-paving bonds. Vote 1S8 to 55. Galesburg, —Bids — rejected. All bids received Aug. 1 coupon building bonds were rejected. Denomination $1,000. Date Aug. 1 1905. Interest semi111. for the $70,000 4% annually at the First National Bank of Chicago. Maturity $17,000 Aug. 1 1910. $18,000 Aug. 1 1915, $17,000 Aug. 1 1920 and $18,000 Aug. 1 1925. — Gallatin County (Mont.) School District No. 7. Bond Sale.— On July 22 $21,000 4^% 10-20-year (optional) school-house bonds were awarded to Mason, Lewis & Co. Chicago for $21,503. Denomination $1,000. Date of Aug. 1 1905. Garfield, N. Interest semi-annual. J. —Bond Offering. — Proposals will be re- by Frank E. Kane, Borough coupon or registered bonds. Denomi- ceived until 8 p. m. Aug. 16 Clerk, for $74,000 4% nation $1,000. Date Sept. 1 1905. Interest semi-annually at the People's Bank & Trust Co. of Passaic. Maturity $15,000 in ten years, $15,000 in fifteen years and $44,000 in twenty 3-ears. Legality of issue D. Sullivan, Borough Attorney. be approved by Adrian on a State or national bank or trust company for 5% of bonds bid for, payable to the Borough of Garfield, required. The official notice of this bond offering will be found among will Certified check the advertisements elsewhere in this department. Gettysburg, Pa.—Bonds Authorized. —The Town Council, 4% stated, has authorized the issuance of $30,000 l-30-year (serial) sewer and $3,000 3.90% 1-30-year (serial) redemption bonds. Denomination of sewer bonds $500 and of redemption bonds $100. it is Mass.— Bond Sale.— On July 20 an issue of $30,000 4% water bonds was awarded to E. II Rollin Sons of Boston at 105.776. Denomination $1,000. Date April 1905. 1 Inter mi-annual. Maturity $1,000 yearly from 1906 to 1935 inclusive. Hailey (Idaho) School District No. 7. Bond Offering. The Board of Trustees is offering for Bale $5,000 school bonds. Denomination $500. Interest Jan. 1 and July 1. Maturity 1500 yearly on July 1 from 1906 to 1915 inclusive. •Hampshire, 111.— Bond Safe.—The $3,000 v, idewalk bonds voted at the election held April is 1905 have bi en sold to home investors. See V. 80, p. 2470, for description of bonds. Gloucester, . — — Haviland (Ohio; School District .—Band Sale.—This dis- has sold an issue of $8,000 school-house bondHazlehurst, Miss. Bonds Voted. This city on July 25 authorized the issuance of $10,000 school, water and Ugh1 bonds. trict •">' — . J — 575 Hollywood City School District, Los Angeles County, Bond Offering. Proposals will be received until 2 p.m. Aug. 22 by C, G. BLeyes. County Clerk, for the $7,000 5% Cal. — — bonds authorized at the election held July 8. Denomination $1,000. Interest annually at the office of the County TreasMaturity $2,000 Aug. 22 1910 and $5,000 Aug. 22 urer. 0% Certified check for or " 1( amount 01 bonds, pay1915. able to the Chairman Hoard of Supervisors, required. Hudson County (P. O. Jersey City), N. J. Bond Sale.— The Sinking Fund Trustees have purchased at par $3S,()()0 ' — 4% and 30-year road-depart meiit Paterson Plank Road bonds. Interest semi-annual. 1905. $100,000 4% 10-year Aug. Securities are dated — 1 — Idaho Falls, Idaho. Bonds Defeated. This city recently voted against a proposition to issue $37,250 water-worksiniproveinent bonds. Independence, Kan. Bond Sale. This city has sold an issue of $100,000 5%Uvater-works bonds toH. C. Speer & Co., Denomination $500. Date Aug. 1 1905. InterChicago. Maturity $10,000 est semi-annually in New York City. yearly on Aug. 15 from 1916 to 1925 inclusive. Jackson, Mich. Bond Offering. Proposals will be received until 5 p. m. Aug. 7 by Jode Harrington, City Kccorder, for $5,000 3J^% 6-year detention-hospital and $20,000 3J^% 7-year intercepting-sewer bonds. Denomination Date Sept. 1 1905. Interest annual. $1,000. Jersey Shore, Pa. Bonds Voted. This borough on July 27 by a vote of 323 to 25 authorized the issuance of $20,000 4% (optional) Allegheny Avenue Improvement 10-30-year bonds. Keyser, W. Va. Bond Election. It is stated that an election will be held Aug. 8 to vote on the question of issuing $20,000 paving and sewer bonds. Kewanee Township, 111. Bonds Voted. This township on July 25 voted to issue $15,000 library bonds. Knox County (P. O. Vincennes), Ind. Bond Sale. The $3,479 4}4% gravel-road bonds described in V. 81, p. 46, have been sold to the Second National Bank of Vincennes for $15 premium. Lakewood, Ohio. Bond Sale. On July 25 the following bonds were awarded to W. J. Hayes & Sons, Cleveland, for $25 premium: $8,200 5% 1-10-year (serial) W'agar Avenue paving bonds. 7,800 5% 1-10-year (serial)) Sloane Avenue sewer bonds. 5,850 5% 1-10-year (serial) Sloane Avenue water bonds. 3,000 5% 1-10-year (serial) Matthews Avenue sewer bonds. 2,750 5% 1-10-vear (serial) Matthews Avenue water bonds. 2,000 5% 1-10-year (serial) Edanola Avenue water bonds. 1,700 5% 1-10-year (serial) Edanola Avenue sewer bonds. 1,225 5% 1-10-year (serial)Park Row water bonds. 8,000 5% 1-5-year (serial) Lake Avenue grading bonds. Bond Offering. Proposals will be received until 12 m. Aug. 14 by Henry J. Sensel, Village Clerk, for $7,500 5% coupon general-improvement bonds. Denomination, $750. Date Aug. 14 1905. Interest semi-annually at the Cleveland Maturity $750 yearly on Oct. 15 from 1906 to Trust Co. Certified check on a Lakewood or Cleveland 1915 inclusive. bank for $500, payable to the Treasurer of the village of Lakewood, required. Purchaser must pay accrued interest. On July 15 the $500 5% Lancaster, Ohio. Bond Sales. 1-year epidemic bond and the $500 5% 2-year sewer bond described in V. 81, p. 46, were awarded to the Hocking Valley National Bank of Lancaster for $505.25 and $510.45 respectively. The $3,500 4% street bonds offered on the same day were awarded, as stated last week, to the Fairfield National Bank of Lancaster for $3,530. Lewisburg (Ohio) School District. Bonds Defeated. This district by a vote of 64 for to 108 against recently defeated a proposition to issue $15,000 school-house bonds. Lima, Ohio. Bids. Following are the bids received recently for the $20,000 5% Elm Street and $8,100 5% Jackson Street bonds awarded, as stated two weeks ago, to W. J. Hayes & Sons of Cleveland: — — — — — — — — — — — — — — — — — — — — $8,100 $20,000 Bonds. Bonds. $S.3fi8 00 $20,745 00 20.715 00 8,312 00 8,337 00 20.702 00 20,668 25 8,337 25 8,323 50 20,660 00 8,330 0O 20,625 00 20,601 00 8,302 00 (for both Issues) $28,302 W. J. Hayes & Sons, Cleveland... Well, Both & Co., Cincinnati Denison, Prior & Co.. Cleveland and Boston Seasongood & Mayer, Cincinnati. Xew First National Lima Trust Hank, Columbus Co., Lima <t Co., Cincinnati.. Bros. & Co., Cleveland W. K.Todd Lampreeht — — Listowel, Ont. Debentures Defeated. This place has voted against a proposition to issue $16,000 bridge debentures. — Bond Liverpool Township, Columbiana County, Ohio. Sale.— On July 31 the $29,000 4^% road-improvement bonds maturing $1,000 yearly on Aug. 1 from 1910 to 1930 inclusive and $2,000 yearly 1931 to 1934 inclusive were awarded to Ceo. A. Gaston at 101.103 and interest. These bonds were described in V. 81, p. 280. The following bids were received: Qeo. A. Gaston.. Seasongood A Mayer, Clncta 129.320 00 Union Sav. B* 29.310 00 Denison, I'rior and Boston. 1 I — a" A rt '"-..$29.290 00 ( 29,205 50 be reLowell, Mich.— Bond Offering. Proposals ceived until 5 p. m. Aug. 11 by Thomas A. Murphy, Village DenominaClerk, for $12,000 4% coupon bridge b emi-annually Intel tion $l,ooo. L905. Date Sept. Maturity $ 1.000 at the Old National Bank, Grand Rapids. mied from 1909 to L920 inclu yearly on Sept. check for $300 required. Presenl bonded debl $23,000. \ d valuation $0*0.000. Real valuation (est.) $900,000. will l I i THE CHRONICLE. 576 — — Lorain, Ohio. Purchaser of Bonds. We are advised that the Sinking Fund Trustees took the $3,000 sewer-repair bonds which we stated last week had been sold. Lovelocks, Humboldt County, Nev. Bond Sale. This place recently sold an issue of $12,000 water-works bonds. Madison, Wis. Bonds Voted. This city on July 25 by a vote of 2,478 to 2,191 authorized the issuance of $250,000 20-year high-school-building bonds at not exceeding 4% interest. Date of sale not yet determined. Manitoba. Debentures Offering. Proposals will be received until Aug. 20 by J. H. Agnew, Provincial Treasurer (P. O. Winnipeg), for the following debentures: — — — — — $10,455 4% 100,032 1 4% 1 1 1905. Maturity 1905. Maturity 1930. 47 debentures Sept. 25,000 Date Sept. debentures of Drainage District No. 3. Sept. or Date Sept. Drainage District No. 14. 1 1935. Maturity Jan. debentures of Central Judicial District. 1 1924. [Vol. lxxii 105— a basis of about Interest semi-annual. 4.688%. Date of bonds July 15 1905. — — School District No. 34. Bonds Not Sold. 6% 20-year building bonds offered on Aug. 1 were not .sold. The highest bid received was 109 from S. A. Kean of Chicago. See V. 81 p. 227, for description of bonds. Munhall (Pa.) School District. Bond Election. An election will be held Aug. 29 to vote on the question of issuing $15,000 school bonds. Napanee, Ont. Debenture Offering. Proposals will be received until Sept. 1 by W. A. Grange, Town Clerk, for $35,000 4% electric-light debentures, maturing part yearly Mullins (S. C.) The $10,000 — , — — — for thirty years. — New Castle County (P. O. Wilmington), Del. Bonds Proposed. The Trustees of the New Castle County Workhouse recently requested the Levy Court to issue $75,000 refunding and $65,000 improvement bonds. — Denomination $1,000. Interest semi-annually at the Union Bank of Canada, Montreal. New Hanover County (P. O. Wilmington), N. C. Bond Manitowoc County (P. O. Manitowoc), Wis. Bond Offering. Proposals will be received until 12 m. Aug. 30 by Proposals will be received until 1 p. m. Sept. 1 the Board of Commissioners, D. McEachern, Chairman, for Offering. by Edward Schaffland, County Clerk, for $150,000 4% $50,000 4% 30-year road-improvement bonds. Interest Denomination $1,000. semi-annually in Wilmington or New York City, at option of 3-20-year (serial) court-house bonds. — — — — Certified check for 5% of bid required. Grove, Neb. Bonds Voted. Bond Offering. Mankato, Kan. Bonds Voted. This place has voted to This village on July 24 by a vote of 97 to 34 authorized the issue $10,000 public-hall bonds. issuance of $6,000 5% 5-20-year (optional) light bonds. Mansfield, Ohio. Bond Sale. On July 29 the seven issues Proposals for these bonds will be received until 12 m. Aug. 24 Interest annually on Sept. 1 of 5% street and sewer bonds aggregating $31,400 were by S. M. Judson, Village Clerk. awarded to the Mansfield Savings Bank, Mansfield, for $100 Newton, Miss. Bonds Not Sold. No sale has yet been premium. See V. 81, p. 280, for description of bonds. made of the $10,000 5% street-improvement bonds offered Maple Creek, N. W. T. Debenture Sale. On July 24 the on July 15. See V. 81, p. 47, for description of bonds. $8,000 5% debentures described in V. 80, p. 1872, were Northumberland and Durham Counties, Ont. Debenture awarded to Geo. A. Stimson & Co., Toronto, at par. Secu- Offering. Proposals will be received until Aug. 15 by Neil rities mature part yearly for twenty years. F. Macnachtan, Treasurer of the United Counties of NorthMarion, 111. Bond Offering. Proposals will be received umberland and Durham (Post Office Cobourg), for $20,000 debentures. Date July 1 1905. Interest semiuntil Aug. 14 by C. H. Denison, Mayor, for $20,000 4% sewer-improvement bonds. Interest annual. Maturity, annual. Maturity June 19 1915. Present debt of the United Counties is $20,000; sinking fund, $15,506 50. Assessed $2,000 yearly from 1908 to 1917 inclusive. Certified check for Interest semi-annual. the County Treasurer, required. — — 3%, payable to purchaser. — — — — Newman — — — — — — — — 4M% — Marksville, La. Bond Offering. It is stated that proposals will be received until Aug. 29 for $15,800 water- works and electric-light-plant bonds. Mendon (Mo.) School District. Bond Sale. On July 20 the $5,000 5% 10-year school bonds registered by the State Auditor on July 5 were sold to G. W. Ingram. Denominations one bond of $1 ,000; eight $500 each. Date July 1 1905. Interest annual. Mentor (Ohio) School District. Bonds to be Issued. It is stated that this district will issue bonds for a school building. — — — — — No sale has yet been 5-20-year (optional) water bonds on July 11. Miamisburg (Ohio) School District. Bond Election. An election will be held Aug. 10 to vote on the question of issuing, the $50,000 school-house bonds mentioned in V. 8l', p. 280. Miles City, Mont.—Bond Sale.— On July 25 the $10,000 4% 10-15-year (optional) water-improvement bonds described in V. 81, p. 47, were awarded to W. B. Jordan of Miles City at 101.40 and accrued interest. Following are the bids: Merna, Neb. Bonds Not Vet Sold. 5% made of the $7,000 offered without success — — 101.40 Trowbridge & Niver Co., Chicago.. 98.00 alOl.01 Kane & Co., Minneapolis 92.50 100.00 W.B.Jordan, Miles City. H. Coffin, Chicago C. Halsey & Co., Chicago a And blank bonds. N. W. — — Mill Creek (Mich.) School District. Bonds Defeated. This district on July 22 by a vote of 11 for to 21 against defeated a proposition to issue bonds for a school house. Minot (N. Dak.) School District. Bond Election. An election, it is stated, will be held in this district to vote on the question of issuing $14,000 school-building bonds. — Milton (Boro.), Pa. —Bond Offering. — Proposals will be Miller, Town received until 8 p. m. Aug. 15 by Wm. C. Clerk, for $30,000 4% coupon funding bonds ("Series B") free from all taxes. Denomination $500. Date Oct. 1 1905. Interest semi-annual. Maturity $1,000 yearly on Oct. 1 from 1906 to 1935 inclusive. Certified check for 2% of the amount bid, payable to Edward Weidenhamer, President Borough Council, required. These bonds (but subject then to the four-mill State tax) were offered on July 25 but not sold. — Monroe, Mich. Bond Election. An election, it is stated, be held Aug. 15 to vote on the question of issuing $65,000 trunk sewer bonds. Morehead, N. C.—Bond Sale.— On July 3 the $15,000 5% 25-year coupon bonds described in V. 80, p. 2637, were awarded to the Browne-Ellinwood Co. of Chicago at 104.24. Morganton (N. C.) Graded School District.—Bond Sale. On July 27 the $12,500 5% 20-year school bonds described in V. 81, p. 47, were awarded to C. A. Webb & Co. of Asheville at 104.20 a basis of about 4.67J^%. Following will — — are the bids: C.A.Webb & Co., — valuation as equalized, $26,500,250. Orange Township School District (P. O. Leesville), Ohio. —Bond Sale.—On July 22 the $3,500 4% 2-5-year (serial) school-building bonds described in V. 81, p. 281, were awarded to A. N. Dutton at par. Paris, 111. Bonds Authorized. On July 17 the City Council passed an ordinance providing for the issuance of Denomi$5,000 5% coupon Madison Street paving bonds. Interest annually on May 1 at the office of nation $1,000. Maturity $1,000 yearly on May 1 the City Treasurer. from 1906 to 1910 inclusive. Pensacola, Fla .— Details of Bonds.—The $750,000 gold improvement bonds, the question of issuing which will be submitted to a vote on Aug. 22, will answer to the following — — • description: $250,000 250,000 150,000 75,000 25,000 for purchase or construction of water works. for system of sewerage and drainage. for paving and improvement of streets. for city hall building and site. for police station and jail building and site. Denomination $1,000, Date Oct. 1 1905 or later. Interpayable Jan. 1 and July 1. Matuest at not exceeding rity 30 years subject to call, $350,000 after 20 years and $150,000 after 25 years. 5% Peterborough, N. H. local investors an issue Pinole -Hercules — Note Sale. This of $5,000 notes. Union School town has sold to Contra Costa District, Cal—Bond Sale.— On July 24 $12,000 5% 1-24-year (serial) gold bonds were awarded to the Oakland Bank of Savings of Oakland at 106.71 a basis of about 4.30%. Denomination $500. Interest semi-annual. Pittsburgh Minersville Sub -School District, Pa. Bond An election will be held Aug. 22 to vote on the Election. Oscar question of issuing $300,000 school-building bonds. E. Adams is Secretary of District. Plymouth, Ohio. Bond Sale. The highest bid received July 25 for the $6,000 5% 5-16-year (serial) coupon waterworks and electric-light bonds described in V. 81, p. 173, was that of Denison, Prior & Co. of Cleveland and Boston, County, — — — — at 106.7125. — Proposals will be rePontiac, Mich. Bond Offering. ceived until 7 p. m. Aug. 9 by Joseph H. Thorpe, City Clerk, sewer bonds. Denomination $1,000. Interfor $3,000 Maturity $1,000 April 1 1915 and $2,000 est semi-annual. Certified check for $100, payable to the City April 1 1916. Treasurer, required. Debenture Sale. On July Prince Albert, Sask., Canada. 20 the $50,000 4*^% debentures maturing part yearly for debentures maturing part thirty years and the $2,500 yearly for ten years, a description of which was given in V. 81, p. 173, were awarded to the Imperial Bank of Canada Following are the for $49,000 and $2,450 respectively. 5% — — 4^% bids: Asheville $13,025 Denison, Prior & Co., Cleveland. .$12, 708 12,937 ISeasongood & Mayer, Cincinnati. 12,095 S. A. Kean, Chicago F. M. Stafford & Co.. Chattan... 12,9051 Browne-Ellenwood Co., Chicago. 12,683 Robinson-Humphrey Co.. Atlanta512,831| John Nuveen & Co., Chicago 12,027 1 — — Morristown, Tenn. Bond Sale. On July 15 $5,000 funding and $40,000 refunding water 5% 30-year bonds were awarded to F. M. Stafford & Co., Chattanooga, at $51,450|W. C. Brent, Toronto S50.028 Bank of Canada of Com.. Pr. Albert51,046 National Trust Co., Winnipeg. .. 50.200 50,121 Ontario Securities Co., Toronto.. 51,040 J. W. Nay, Regina. Wood, Gundy & Co., Toronto... 50,255 Aemilius Jarvis &Co., Toronto. .. 49,963 Imperial Canadian Bank Provo, Utah. —Bond Offering. —This city is offering at private sale the $35,000 water-works-improvement and the 10-20-year (optional) gold $56,000 electric-light-plant 4% — —— bonds voted at the election held July Form of bond and minor semi-annual. be to the left — ——— purchaser of the issue. Inter. sat 11 L906. details of the same Win. M. Hoylanee Mayor. is — Putnam County (P. O. Greencastle) Ind. Bond Sale. This county, it is stated, reeently awarded three issues of township road bonds as follows: , Wild A Co., Indianapolis, for $3,367 50. S3 350 township road bonds to J. P. 4o(H) tow nship road bonds to J !•'. Wild * Co.. Indianapolis, for J4,5'- 5 50. d'.SOO township road bonds to the Kiddoll National Bank of brazil for $3,541 00. > . — On July 29 the following loans Quincy, Mass. Bond Sal,-. were awarded to Jose, Parker & Co. of Boston: $2,000 bonds dated Aug. 1 1906 and maturing Aug. 1 1906; $8,900 4< bonds dated Aug. 1 1905 and maturing one bond $450 Aug. 1 1906; one bond $450 Aug. 1 1907, and one bond $1,000 yearly sewer on Aug. 1 from 190S to 1915 inclusive; $25,000 'i l bonds dated Sept. 1 1905 and maturing one boud of $1,000 I ;, A% yearly. Rantoul School District, Champaign County, 111. Bond school bonds It is stated that an issue of $4,500 Sale. — 4^% been sold. Redlands, Cal.— Bond Sale— On Aug. 2 the $100,000 4)^% 1-40-year (serial) gold street bonds, described in V. 81, p. 523. were awarded to E. H. Rollins & Sons of San Franlias eiseo at 106.067. Red Wing, Minn. Bond Offering. —The Finance Com- mittee and the Mayor have been authorized to sell at private Denomination sale $10,000 4% coupon refunding bonds. Date July 1 1905. Interest semi-annually at the $1,000. Maturity July 1 1921. office of the City Treasurer. Rio Vista (Tex.) Independent School District. Bonds Registered. On July 24 the State Comptroller registered an :e of $5,000 5% 10-20-year (optional) school-house bonds dated June 15 1905. Temporary Loan. The City CompRochester, N. Y. troller on July 31 awarded $349,000 renewal-water-worksimprovement notes to F. E. Jennison of New York City at 3^0' interest. The following bids were received: o3.S0'~c Goldman. Sachs Co., N.Y...3.97H% F. E. Jennison. New York Broo&waySav. Inst, (.for $100.000)3. "o% Bond,&.Goodwin,. Boston 4.12H% — — — — W. J. Hayes A Sons. Cleve...$15,180 001 M. Butmann Estate Second Nat. Bk., Saginaw... 15.150 00| Ucnry Owen (for$11.500) — — San Diego High School District, San Diego County, Cal. —Bonds Voted. — This on July 27 voted to issue bonds. $135,000 5% 6-20-year Sandusky, Ohio. Bond Offering. — Proposals be district (serial) will Garfield, 4% 10-year Campbell Street-paving bonds (city's proportion). 4% 15-year general-refunding bonds. Denomination $1,000. Date Aug. 1 1905. Interest semiannually at the City Treasurer's office. Certified check for $1,000 required, and bid must state amount offered for each $6,000 21,000 issue separately. San Mateo — We J., Coupon or Registered Bonds. Notice is hereby given that the BOROUGH OF GARFIELD, noon N.J..wul until eight o'clock in the after- the or SIXTEENTH KAY OF AUGUST, ULNDKED AND FIVE, receive NINETEEN sealed proposals at the office of the Borough Clerk In the t ouncil Cnsmber. situate in the engine house, corner of Midland Avenue and Somerset Street, in the Borough of Garfield, for the purchase of the follow. ng-describea bonds, that Is to say, seventyfour bonds of one thousand dollars each, said bonds to be dated September 1, 1906, and to be either coupon or registered bonds at the option of the purchaser, ard to bear Interest at the rate of four per centum, payable March tlrst and September first Of each year at the Peoples Bank & Trust Company, Passaic, New Jersey. Said bonds shall be so drawn that fifteen thousaud dollars shall mature at the expiration of ten years and fifteen thousand dollars at the expiration of fifteen years and the remainder at the expiration of twenty years from the date ot issue thereof. Said bonds shall be approved by D. sullivan. Bjrough Attorney, whose opinion as to legality will be delivered to the puicnaser of said bonds, together with a complete transcript of the proceedings had in connection therewith. The purchaser shall be required to accept and pay for said bonds at the Peoples Bank & Trust Company. No. 183 Main Avenue, Passaic, New Jersey, upon reasonable u< tioe that said bonds are executed and ready for delivery. The Council reserves the right to reject any and Adrian all A bids. certified obeck drawn on an incorporated State or National bank or trust company for an amount equal to five per cent of the amount of the bonds bid for, payable to the order of the Borough of Garfield, wl.l be required by the borough as a condition precedent to the filing of any bond. By order of the Mayor and Council. FRANK Dated Au.u-t i. E. KANE, Borough (New York ( 43 Exchange Place, New York. West Orange, N. SCHOOL BONDS. of J., City Columbia, of Bonds of the Town of West. Orange, N. J. Bonds to be of the denomination of $500 each, to be dated July 1st, 1P05. and to mature *500 in 8 years and $500 annually theraafter until all >-re paid. Interest pay able semi-annually on January let and July 1st. Both principal and interest payable at the United Staea Mortgage & Trust Company, New York ( ity. The bonds will be engraved under the suoervision ot and certified as to genuineness by the United Slates Mortgage A Trust Company. The proceedings relative to the Issue of the bonds have been approved by the Hon. Hubert H. McCarter. Attorney-Geueral of the State of New Jersey. Certified copies of the proceedings are on file at tbe office of the United States Mortgage & Trust Company. Bids must be 8. Carolina, WATER WORKS BONDS. by the Clerk of Sealed the Board of Education of the Town of West Orange. N. J., at West Orange, N. J., until 8 P. M.. AUGUST 15, 1905, for the purchase of $7,500 i% coupon School forms furnished by the Board. A certified check on a National Bank or Trust Company, payable to the order of Frank L. Baldwin, r>n accompany each bid. Bids will be opened in a public meeting of the B"ard of Education. 8t the High School, Gaston Street, West Orange, N J., at h 8u p. M. The right is reserved to reject any or all bids For blank form of bid and circular of information, address Frank L. Baldwin. District Clerk. West Orange, N. J., or United States Mortgage & Trust Company, 55 <"edar Street, N. Y. Finance Committee of tne(WM. BOLLINSON, Board of Education, Town < N. N. SMITH, ( KRANK L.BALDWIN of West Orange, N.J. and Treasurer, Office of the Cltv Clerk proposals will be received Columbia, South Carolina, August 1, 1905. Sealed proposals wil be received at t he office of the Citv Clerk and Treasurer in the 'ity of Columbia, South Carolina, until 1, 1905, at two o'clock P.M., for tbe purchase of the of four hundred thousand dollars of four per cent coupon bonds of said City issued for water works purposes. The bonds will be dated July 1, 1905, and will fall due July 1, 1945, and will be of the following denominations: three hundred bonds of the denomination of one thousana dollars each and two hundred bonds of the denomination of five hundred dollars each. Tbe coupons will be payable on the first day of January and July in each year. K'ich proposal must be accompanied by a certified check for fifteen thousand dollars, to the order of I SEPTKMBER WHOLE tbe undersigned No bid will be considered for less than par. Tne right is reseived to reject an\ and all bids. For circular of particulars, address the undersigned. GIKBES. Mayor of the T. H. Clerk, for $250 luust City of Columbia, S. C. DAY & : CO., BANKERS, 8 Nassau Street, 86 Congress Street, BOSTON. NEW YORK MEMBERS NEW YORK AND Perry, Coffin BOSTON STOCK EXCHANGES. & Burr, INVESTMENT BONDS. Stock Exchange, 60 State AND UIUU GRADE RAILROAD SECURITIES. «(TATE, MUNICIPAL, INVESTMENT BONDS. Street, BOSTON. INVESTMENT. SEND FOR Drexel Building, FULTON & CO., LA SALLE 8TREET, CHICAGO. LIST. DENISON, PRIOR&CO. Philadelphia. Municipal Bonds, 171 Town Philadelphia Stock Exchange. BONDS FOR F. R. LOANS. 8^400,000. Clerk. BANKERS, , NEW LOANS. ;9jo. ERVIN & COMPANY, M (Cal.) School District. Description of Bonds. are advised that the $30,000 4J^% school bonds H7,500 N. re- ceived until 12 m. Aug. 15 by Alex. M. Wagner, City Auditor, for the following securities: I Borough of $15,081 00 11.5J6 00 Salem, Ohio. Description of Bonds. We are advised that the $17,000 4J^% refunding bonds recently awarded to the Union Savings Bank & Trust Co. of Cincinnati were purchased by that institution on July 18 for $17,100. Denomination $1,000. Date Aug. 1 1905. Interest semiannual. Maturity $1,000 yearly. San Antonio, Tex. Bonds to be Issued. We are advised that this city will issue $300,000 bonds to refund the $300,000 six per cents called for payment July 22. No details of the new issue have yet been determined upon. a "All or none." «74,000 — 3.774%. <fe NEW 7 — '{ LOANS. 57 Rockland, M.e.—l><>n<l Salr. -This city has sold about $14,000 of an issue of $24,400 3% 15-year refunding bonds, the remaining $10,100 being still for sale Denominations Date July 1 1905. Interest $50, $100, $200 and $500. semi-annual. Ruthton, Pipestone County, Minn. Bond Sale. On July 27 the $4,000 5% 20-year street-improvement and water-extension bonds described in V. 81, p. 48, were awarded to F. E. Blagraw of St. Paul at 100.625 and ina basis of about 4.951%. terest Saginaw, Mich. Bond Sale. On July 31 the two issues of 4% sewer bonds aggregating $15,000, a description of which was given in V. 81, p. 524, were awarded to W. J. Hayes & Sons, Cleveland, at 101.20 a basis of about — NEW — — THE CHRONICLE. Aim*. 5 1905.! will —— — Blodget, Merritt & Co BOSTON. CLEVELAND. , BANKERS, AND CERTIFICATES BONDS STOCK Also Handsomely engraved . Congress Street, Boston. 30NA8HAU STREET, NEW YORK. 16 STATE, Ciff & RAILROAD BONDS. ; steel plate eflect. P»rtU the cheaper kind, partly lithographed and K>0 (; o r, iacal e,"- , printed from type. . „ ^,, BVi borders plate steel with engraved, I145- the latter |'i -^leganu Seal Press, *1 50; better finished, B. KINO & CO., 206 Broadway, N.Y. (Telephone.) Engravers and Lithographers. AXBEBT THE CHRONICLE. 578 to the Watsonville Ravings Bunk of Watsonville (see V. 81, p. 48), were disposed of to that institution on June 22. Denomination $1,000. Date July 1 1905. Ma- awarded turity $2,000 yearly. — 100 Citizens' HI., of Arrjuln (for 4^8) 100.228|S. A. Kc:tn (for Mb) Little 100 |II. J. \ alley CrtoBey, .lOO.Ki --4%s) — . , — 100 Schenectady, N. Y. Bond Issue. The issuance of $30,000 314% city-hall bonds has been authorized. These securities, we are advised, will be taken by the Sinking Fund as an Deinvestment. Authority, Chapter 230, Laws of 1905. nomination $1,000 Date Sept. 1 1905. Interest payable Maturity $2,000 yearly at the office of the City Treasurer. on Sept. 1 from 1911 to 1925 inclusive. Sedan, Kan. Bond Sale Not Consummated. We are adwater bonds awarded on July 6 vised that the $32,500 to Spitzer & Co. of Toledo were not satisfactory to that firm bids: H. W. Merriam, Bp'gfleld... $130,880 00 \\ W. Ilalsrv A: Co., C:hiea;:oS12 rJ,&71 36 Harris & Co.. Chicago 130,804 oo Kl< -ybolte & Co., Cincinnati. m,'J62 50 Farson, Leach & Co.. Chic. 130,278 40; N. — sale election will now — — Seneca Falls (N. Y.) School District. Bond Sale. On school-building bonds were awarded July 29 $35,000 Denominato the Seneca Falls Savings Bank for $35,005. tion $1,000. Date July 29 1905. Interest annually on Sept. 1. Maturity $2,000 yearly. Shamokin, Pa. Bond Sale.— On Aug. 1 the $45,000 4% fire bonds described in V. 81, p. 282, were awarded to Graham & Co. of Philadelphia for $45,600. Securities are dated Sept. 1 1905 and will mature in thirty years, subject to call $20,000 after five years and $25,000 after ten years. Shawnee, Okla. No Action yet on Bond Issue. We are advised that no action has yet been taken looking to the issuance of the $50,000 sewer bonds mentioned in V. 81, 3%% 4% — — p. 228. — — 5% Denomination $500. 7. Union Township School District, Floyd County, Iowa. Bids. The following bids were received on July 25 for the Aug. — MISCELLANEOUS. investments. JNVfc&TM£l\STS. Rudolph Kleybo!te&Co» BANKERS, Penobscot Bldq., Land-Title Bldq. Detroit. Philadelphia. The United STREET RAILWAY BONDS. 27-29 PINE STREET, NEW PUBLIC SERVICE CORPORATION BONDS. YORK. Time Deposits MacEonald, McCoy Co., 21 7 La Salle Street Chicago. La 171 Members New York Stock Exchange. IN THE CITY OF NEW YORK. John & Co CORPORATION Salle Street, Chicago. Established 18S5. President. Active and successful Agents who desire to aeonrlnsr for themselves not only an immediate return for th*ir work, but also an increasing annual tnoonie commensurate with their success, are Invited to communicate with E. 3d Vlce-I lestdent, at the Company's Office, 277 Broads ay, New fork City. & Company H. C. Speer Munn, M.D., Finance Committee: Leather JAMES ft. PLUM CLARENCE H. KELSEY.Pr.Tit.Guar.&Tr.Co. WILLIAM H. PORTER, Pres. Cnem. Nat. Bank RICHARD ROWnQ P ^™^°- P. make DIRECT CONTRACTS with this wellestablished and progressive Company, thereby BONDS. BANKERS, RAILROAD AND STREET RAILWAY AND MUNICIPAL & King, Hodenpyl AND States Life Insurance Co. MUNICIPAL MUNICIPAL, RAILROAD and 1905. 1850. W. NOBLE & COMPANY, H. DEALKH8 IN 7 Wall Street, New York. — Vandalia (111.) School District. Bonds Voted. Bond Offering. By a vote of 316 to 9 this district on July 9 authorized the issuance of $10,000 1-10-year (serial) building bonds. Proposals for these bonds will be received until Sherburne County, Minn. Bond Sale. It is stated that an issue of $40,000 5% 1-10-year (serial) drainage bonds has been awarded to Kane & Co. of Minneapolis at 100.4375 Interest Paid on Daily and — , Another therefore, consummated. be held to authorize these securities. was not, and that the W. Description of Bonds. Sterling, Kan. We are advised that the $5,000 water-works-improvement bonds, the sale of which was recorded in V. 81, p. 282, were taken by the Citizens' State Bank of Sterling at par. Denomination $1,000. Date July 1 1905. Interest 3%, payable semiannually. Maturity Jan. 1 1907. Bonds to be Offered Shortly. We are Steubenville Ohio. advised that this city will shortly offer $15,000 garbage-plant bonds. Stratford School District, Iowa. Bond Sale. On July 28 the $6,000 15-year school-building bonds described in V. 81, p. 282, were awarded to Geo. M. Bechte] & Co. of Davenport at part for four per cents. Troy, N. Y .—Bond Sale.— On Aug. 1 the $34,055 12 1-20-year (serial) registered local-improvement bonds described in V. 81, p. 524, were awarded to Harriman & Co. of New York City at 103.17 and interest a basis of about 3.634%. A bid of 102.73 was also received for the bonds from W.J. Hayes & Sons of Cleveland. — 4^% will South Bethlehem, if*,—Bonds Defeated. The proposition bonds failed to carry at the election held Aug. 1, the vote being 348 for and 411 against. Springfield, 111.— Bond Sale.—On July 27 the $128,000 20-year refunding bondds described in V SI p. 229, were awarded to H. W. Merriam of Springfield at 102.25 for four per cents a basis of about 3.838%. Following are the (for — | — Proposals to issue $25,000 sewer 100 100 I 1 Creek Township (Ohio; School District. Bond be received until 12 m. to-day (Aug. 5) by W. H. Watkins, Clerk of Board (P. O. Short Creek), for $2,000 0% registered school-house bonds. Short Offering. On July 29 the Sardinia (Town), N. Y. Bond Sale. $11,389 94 judgment bonds described in V. 81, p. 524, were awarded to J. 11. Brahancy of Four Mile, N. Y., at par for Z% per cents. Following are the bids: J.H. Brahaney (for 3Ms) Bank of II. lllani (tor Is) Bank of Gowanda (for4Ms) Geo. M. Halm (for 4Jas)_ [Vol. lxxii. COCHRAN, Assets over $9,000,000. Paid to Policynoiders in 1904, $1,204,321 76. R. A. Lancaster NO. 10 6c Sons, BANKERS, WALL. STREET, First CITY Nat Bank Building, Chicago. COUNTY VJ» AND TOWNSHIP NEW YORK, DEALKI18 IN INVESTMENT and MISCELLANEOUS SECURITIES. Southern J. G. WHITE & 43-49 Exchange Place, New 1st Electric Eailways, Electric Light and Electric Built. LONDON COREESPONDENTS; WHITE & Hill, CORDAGE. BOSTON, CHICAGO, Nat. Bank Bldg. 60 State Street. 65 Wall Street, York. Investigations and Reports on Electric Railway, Gas, Electric Light, and Power Transmission Properties for Financial Institutions and Investors. 22a College The American Mfg. Co. MANILA SISAL AND JUTE BONDS. CO., Power Plants Financed, Designed and Co. MUNICIPAL AND PUBLIC SERVICE Se<rartile« a Speelalty. Engineers, Contractors, J. G. Trowbridge* Niver CO., Limited, Cannon St. New York. HIGH GRADE INVESTMENT BONDS NO STOCKS CORRESPONDENCE SOLICITED Municipal & Q ecurities U T B. MUNICIPAL POTTER, and CORPORATION Company Corporation 172 Washington OF PITTSBURGH, PA. • CHICAGO, Paid up Capital $200,000.00 onMftQ DVINUO ' Street, - LIST ON APPLICATION. ILLS. — . Aug. $15,000 —— Geo. M. BeohteJ A Oo. o( Davenport: •> P. O'Brien >v ('•.. Boston Bechtel A Oo. Pawn- last .week, to \i s ' Sul5,100 00,.iolin r w --- di. >.i s " 50 S 1Mr , \ Sons, Clevs bonds, \'ui iiiank - No 1/ Nuveen A . Harris .v 115,100 00 Co., Chlca Co., Chli 021 00 15,186 no oertlfled obeck. as required, the advertisements elsewhere in this — 1 May years. ' 1925 and $2,500 yearly on June 1 I 1 1 Kountae Bros., New York $16 1,7 16 N. W. Harris A Co., N. Y... 161,437 N. \V. llalsey 4Co„ N. Y... 161,382 Estabrook & Co., New York. 161,128 Blodget. Merritl & Co., Bost 160,785 (ieo. \V. Youna & Co., \. \ 159,225 Fareoa, Leach & Co., N. Y._ 150,1 15 Hank Savings $27.072 50 162,345 00 Parkinson & Kurr, Boston 162,136 50 Sons. w.J. Hayes 4 Cleve.. 162,057 00 162,030 00 R. Kteybolte & Co., N 1 Rhoad Xew York- nil. <>70 on 161,805 00 Westchester Co. Sav. Bank. (for s- .v. Co., New York. West Orange Bond (N. J.) School District. Offering. City, The proceedings • j 5% — 50 Youngstown, Ohio. Bond Offering. Proposals will be received until 2 p. m. Aug. 21 by Wm. I. Davies, City Auditor, for the following bonds: 00 00 00 — 850 5 c i Jefferson Street sewer bonds maturing S570 yearly on Oct. 1 from 1906 to lino Inclusive. Lexington Avenue sewer bonds maturing S240 yearly on Oct. 1 from 1 200 5'i 1900 to 1910 inclusive. 2 S00 5% Market Street sewer No. 3 bonds maturing S5G0 yearly on Oct. 1 from 190Gto 1910 inclusive. S'2 Bonds arc dated Aug. 28 1905. Interest will be payable Pursemi-annually at the office of the City Treasurer. chasers must be prepared to take the bonds not later than Aug. 28 1905, the money to be delivered at one of the citibanks or at the office of the City Treasurer. A certified check on a Youngstown bank for 2% of the amount of bonds bid for, payable to the City Auditor, must accompany proposals, which must be made for each block separately. relative to the issuance of these bonds have been approved by the State Bids must be made Attorney-General as required by law. MISCELLANEOUS. Adrian H. Muller & Son INSURANCE. OFFICE OF THE ATLANTIC MUTUAL INSURANCE COMPANY, New York, January 20th, The Trustees, in Confcrmi'y irith the its AUCTIONEERS. Regular Weekly Sales OF 1905. Charter of the Company, submit the following statement o/ on the 31st of December, 1004; affairs STOCKS Premiums on Marine Risks from 1st January, 1904, to 31st December, 1904... $2,909,343 08 Premiums on Policies not marked off 1st January, 1904 724,151 84 Total Marine Premiums $3,633,494 92 off from 1st January, 1904, to 31st Deoember, 1904. Interest reoeived during the year $275,926 58 " " " Rent $333074 72 lessTaxes 107,143 14 Losses paid during the year whioh were estimated in 1903 and previous years Losses occurred, estimated and paid in 1904 $142,418 20 84,094 99 Returns of Premiums and Expenses, $405,721 91 [OHN M.. GILLESPIE, Room 226,513 19 Bills 1,020,087 28 Receivable hands of European Bankers to pay losses under policies payable in 241,710 47 351,301 69 foreign countries Ca8hln Bank $12. 63*. '243 «3 Aggregating A dividend of Six per cent interest on the outstanding certificates of profits will be paid to the holders 'hereof , or their legal representatives, on and after Tuesday, the seventh of February next. The outstanding certificates of the issue of 1 899 will be redeemed and paid to the holders thereof, or their lesal representatives, on and after Tuesday, the seventb of February next, from whioh date all interest thereon will cease. The certificates to be produced at the time of payment, and canceled. A dividend of Forty per cent is declared on the net earned premiums of the Company for the year endlne 31st December, 1904, for which, upon application, certificates will be Issued on and after Tuesday, the second of .flay, next. By order of the Board, G. STANTON FLO VD-JOMES, Secretary. FRANl BACON. BBA( H WILLIAM K. BOULTON VKBNON II. BROWN, WALDltoN P. BKOWN, JOSKI'U II. CHAPMAN. I CORNKL1I I.AHK. Ki.DKKT EWAI.Ii KI.El'l MA.N.N, HERBERT L. GEIG - CLEMENT ANSON A. VY. QBISCOM, MAitl). .Mi'RIUS K. JBSUP. THEODORE P. NICHOLAS E. PALMER, HENRY I'AIUSll. FREDERIC A. 'ARSONS. U.I. AS B. PRATT, GEORGH W. QUINTARD. A. A. RAVEN. JOHN L IUKER, I" 'COLAS ROBINSON, - IAV II BCHWAB, WILLIAM 0. 8TURGES I JOHNSON, LEWIS CABS I.KDVA Kl>, FRANCIS II. LKGGETT CHARLES I) LEVERICH, LEANDKR N. LOVELL. GEORGE II. MACY, UARX.E8 II MARSHALL, W. 11. II. MOORE. < A. A. KAVI.N, I> ' Pret idtnt. CORNELIUS ELDERT, THEO. P JOHNSON, ad JAS. L. NEW VORK. MUNICIPAL AND RAILROAD BO*DS. LIST ON APPLICATION. SEASONGQOD & MAYER, mercantile Library Building, CINCINNATI. R. T. Wilson & Co., YANKEES & COMMISSION MERCHANTS 33 WnU sirrpi, New York. HAND-BOOK OK Railroad Securities. Issued Seml-Annually by the Publishers TRUSTEES. OCsTAV AM8INCK. No. 518 Atlantic Building, e«51 Wall Street. *«3,o«9 08 The Company has the following Assets, viz.: United States and State of New York Stook; City, Bank and other Securities $5,243,600 52 Special dfpoplts In Banks and Trust Companies 1,417,543 97 Real Estate corner Wall and William Streets and Exchange Place... $4,289,000 Other Real Estate and Claims due the Company 75,000 4,364,000 00 J'lllN N. EVERT WEDNESDAY. No. 5 5 WILLIAM STREET Atlantic Mutual Insurance Company Scrip of All Years Uouglit and Sold. $1,090,082 27 In the BONDS $3,016,978 35 $318,124 29 771,957 98 Less Salvages Re-insurances Cash Office and Corner Pine street. Premiums marked Premium Notes and — Bonds Not Sold. All 5-20-year (optional) bids received July 22 for the $10,000 coupon water-works bonds described in V. 81, p. 230, were Securities will be re-advertised. rejected. which company will certify as to the genuMaturity $500 yearly on July 1 from 1927 inclusive. ! ' ineness of the bonds. 1913 to — Town Treasurer. gUBOD Winside, Wayne County, Neb. Proposals will be received until 8 p. m. Aug. 15 by Frank L. Baldwin, Clerk Board of Education, for $7,500 4% coupon Denomination $500. Date July 1 1905. Interest bonds. semi-annually at the United States Mortgage & Trust Co., New York 1. is 60 50 00 . . Interest annually on July — We Westchester County (P. O. White Plains), N. Y.—Bond .—On Aug. the $150,000 !•; 25-30-year (serial) regiscourt-house bonds described in V. si, p. 2s;>, were awarded. $25,000 due in L930, to tin- Portchester Savings k at 108.29 and the remaining $125,000 to Harriman & The sale was on a basis of of New York City at 108.23. Following are the bids: about' 3.53%. Harriman 1905. Wingham, Ont. Description of Debentures. are advised that no date has yet been set for tin- sale of the $12,000 ' water-works debentures voted at the election held Securities will be dated Sept. 15 1905 and will maJuly 5. They are exempt from ture part vcarly for thirty years. Present debenture debt, $117,531. I. B. Fertaxation. from to 1931 inclusive. Portchester 1 Wichita (Kan.) School District. Bond Flection. It is stated that an election will be held this fall to vote on the question of issuing $120,000 school bonds. Wellsville, Ohio.—Bond Sofa.—The $18,000 4} 1 i'' ( funding bonds described in V. SO, p. 2639, have been sold to \\ ..!. Roth & Co. of Cincinnati for 119,001. Securities 1 department. Union School District, Mendocino County, Cal. — Bond Sale.—An issue of si 2,000 5% L-15-year (serial) building bonds of this district was awarded some time since to the Hank of Willits for $12,5Q0. Denomination $800. Date Willits Wakonda (S. Dak.^ School District.- -Hand Sale. On Julv 1 15,000 ">',' school-house bonds wen awarded to TrowDenomination S'JOO. bridge A Niver Co. of Chicago. Interest semi-annual. Maturity L2 Date July 1 1905. mature $3,000 June 679 on blanks furnished by the Board. Certified check for $250. payable to Frank L. Baldwin, Chrk, required. The official notice of th\e hand offering will be found uuinmj bonds awarded, as stated sohool-building -', 1 1 THE CHRONICLE. 5 1905.1 l —— LIVINGSTON, Vite-tres't. Vict- -res' I. ?d Vice-lores' COMMERCIAL o.' the & FINANCIAL CHRONICLE.) JULY EDITION. T B It M M »'rl<e of Sin-:'** Copies. - $1 - lo Nnbacrlbera 01 the Chronicle, QO T* fo Bankers and Broken-, m quantmea. with iholr »peciai lards lettered in «llt ou tDe cover, m 1 WILLIAM B.DANA COMPANY Pine Street, coi. Pearl Street New Tor*. THE CHRONICLE. 580 [Yol. liixl' £vu&t Ca a l a nd s^ plu s ©tfmjrautjes. $10,000,000 Title guarantee andTRUST COMPANY ffi&P $12,000,000 00. 146 Broadway, New York. 175 Bemsen Street, Brooklyn. M'f'rs Branch, 198 Montague St., Br'klyn. INEQUITABLE JExamines & guarantees Ileal Estate Titles. Loans Money on Jiond and Mortgage, Furnishes Mortgages to Investors. Receives Deposits subject to check, allowing TRUST COMPANY OF NEW YORK Interest. Hoes all Trust Company business. TRUSTEES: Edward T. Bedinnl, Charles S. Brown, Julien T. Diivu's, William J. Easton, Charles K. Henderson, Benjamin D. Hicks, John D. Hicks, William M. IngTaham, Augustas D. Juilliard, Martin Joost, John 8. Kennedy, Matheson, Charles Matlack, William H. Nichols, James H. Ohphant, Robert Olypliant, Alexander E. Orr, Charles A. Peabody, Frederick Potter, William J. Charles Richardson, Sani'ord H. Steele, Ellis D. Williams, Woodbury LanjfUon, Louis Wlndmuller. CLARENCE H. K ELSE V, President. FRANK BAILEY, Vice-President. EDWARD Jlannjor O. STANLEY, 2d Vice-President. Banking Department. CLINTON J. business. CLEVELAND, every class of income; it pay taxes and insurance, It is sell it coupons and property and authorized by law to act as executor, administrator, guardian, or trustee under will or appointment of and at During your court. your death it will administer lifetime your it will act as your agent, estate. 15 Nassau Street, Equitable Building. Secretary. Ifttxatxcial. MONTGOMERY BARROW, WADE, GUTHRIE & Public Accountants. CO. CERTIFIED PUBLIC ACCOUNTANTS. (Pennsylvania) Stephen Glrard Building, (New York and PHILADELPHIA. Illinois.) Building:. WM. FRANKLIN HALL, NEW CHICAGO, SAN FRANC/SCO, Royal Insurance Building. Mills Building. YORK, 27 Pine Accountant, ^SaTatePstreJr will undertake the care and management of estates. LYBRAND, ROSS BROS & NEW YORK. your securities; will safeguard it of financial cheque, and to will collect bonds, rents, mortgages, interest, dividends, QctonutKUts. Wall Street Exchange your deposit account, subject allow you a fair rate of interest 5 ARTHUR TERRY, Treasurer. FRANK L. SNIFFEN, Mgr. Mnirs' Branch. Certified company embraces every function trust It will accept BUKDICIi, 3d Vice-Pres. D. WRAY The modern James D. Lynch, Edgar L. Marston, John Jacob Astor, Street. B0ST0N MAS& LONDON, ENGLAND, < Examinations and investlgatlons conducted with the utmost Books audited. 18 St. Suiithin's Lane, E. C, Cable, "Adorjest." care and efficiency. KERR, J. G. CERTIFIED PUBLIC ACCOUNTANT WASHINGTON LIFE BUILDING, 141 BROADWAY, TELEPHONE 6948 NEW CORTLANDT. OF PAPER GOOD THE WORLD OVER YORK. Wilkinson, Reckitt, Williams & Co., CERTIFIED PUBLIC ACCOUNTANTS, 52 Broadway, New York. PHILADELPHIA. <aNE PIECE CHICAGO """ W.F.WEISS, Are You a cney Order ank ? flexible WRITE TELEPHONE—8758-8759 CORTLANDT. I OR 313-310 West 59th 00., ACCOUNTANT8. 32 Broadway, New York. 234 LaSalle of York, New ORGANIZED 1897. NEW YORK: 43 Cedar Street CHICAGO. PHILADELPHIA. Street, Chicago. For Business Correspondence! AUGUST BELMONT, Bought and Sold. W. J. HAYES & SONS, CLEVELAND, OHIO. BOSTON. MASS. WILLI AM for letter written with your own hand, or bylthe typewriter, are UNBQUALED. Their quality Is assured and they have won highest honors at all the great World's Pairs. For high grade writing papers of all kinds, for bond papers, and for ledger Whether Acting President. MUNICIPAL AND PUBLIC FRANCHISE CORPORATION BONDS New York The Audit Company JAMES PARK & PUBLIC Street. WHITING'S PAPERS, Also at Calvert Building, Baltimore. CERTIFIED All are your BANKERS' MONEY ORDER ASSOCIATION, Bit -It ci Discount Building. Tel. 4958 Broad. ALFRED ROSE, use. PARTICULARS TO THE CERTIFIED PUBLIC ACCOUNTANT8 30 Broad Street, New York. CERTIFIED PUBLIC ACCOUNTANT. 56 Pine St., New York. medium of exchange in make to the publio charges you own profit. CERTIFIED PUBLIC ACCOUNTANT* 138 Broadway, New York. LOOMIS, OONANT & 00. The standard, uniform Money Order of the Bankers' Money Order Association is now a familiar feature of American banking. This is the only system at the service of banks absolutely Free of Charge. Orders can be issued payable at any point in the United States, Canada, Mexico, Cuba, Europe, Asia, North Africa and Australia. The most JOHN NASH, A GEORGE W. YOUNG, J. MITCHELL Vice- Presidents. EDWARD T. PERINE, Genl Mgr. and Treas. P. C RICHARDSON, Assistant Treasurer. This Company Audits and Investigates Accounts and makes Physical Examinations ot Properties. Its Certificates and Reports are Prepared In behalf of Merchants, Bankers, Corporations. Committees and others, in strict confidence. The Company also Devises and Install* Money-Saving Systems of Keeping Accounts, papers, Insist on having them made by the WHITING PAPER COMPANY, HOLYORE. MASS. New York. Philadelphia. Chicago.