Full text of Commercial and Financial Chronicle : August 8, 1896, Vol. 63, No. 1624

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

f E n te ra l ;w * jr d iB * w A ot o f e<ra?reM. in the y e a r 1899, b y the W t u d j o t B. D x H a O n

s m it

, In th e o ffice o f the L ib ra ria n o f C ongress.]

'vOL, 63.
SATURDAY, AUGUST 8, 1896.
3?he (£ h co m clc.
PINE STREET, N. W. OEWME«SOF PEARL STREET, N. V.

The week’s total fo r s ll cities shows a loss o f 16 2 per cent
from 1395. The excess over 1894 is 2‘ 8 per cent an i the de­
cline from 1893 is 10'9 percent. Outside o f New Y ork the de­
crease compared with 1893, is 13-9 per cent, the decline from
1891 is 2-4 percent, and the increase over 1893 reaches 1'3 p. c.

CLEARING SOUSE RETURNS.
Far tile month o f July and the w ren months the exhibit
is as follow s:

July.

$em% M&nth**

1195,

fP.Cfc

NO. 1,624.

tFer* fwtina luo. 1.
fn M eim i oft—
N e w Y o r k ............
P h ila d e lp h ia ----P U t s b e r * . . , .........

1899.
iU .7 S l.tlU :

4»,S»i.0d2j

ti.ms.mw

Baltlm or#.-.,.*.,-

Baffaio.*......,..VYajhlaKtoQ.,,#

isas

5*2.7Ht 214
?LB$a,9ftu
14.3S3.7S**
15,1 ; h, 470:

p !fm f
—18*1
-31*2
-5 1

—10-0
—5*0
*,v*«y.n>8
1.801,034 —lira
l,S#4,415, -1 7 *»
1,078,253- -37 8
792,k94; S-22-4
767.474
t 1t
-7*7
3535400

1304
412. 155.,S27
57,773.628

11.366.720

•ssifta

1S83
65.1,05.! 110

etsoo.iiT

11,581.610
U.MSJB9

8.7115,837

1-584.14 !
l_5H.SU
!
*
I
I
—l * 9 | w . T i f i
-fi*o timhmtmr.».., %,
M47,$r9
*,*67.787
K-\ms\
9toJKt,to7, —»l*9| 14»o?,fl9l.4tsl i,v-**.*2<4t m —4*1 Bfrmmts.
781.705
410tOK«5,73l
S59,?0l{
d0.7Vi.oOl —luj
Scrantoa. mmm-,...
40f,
'61,7.
5
4#i
m,¥7if
TU?!
4t7.9tr.#0J!
6
4
.
W
l
WHmmrUya........
64lftM8t^
95V.9W
1
m&jm
2d.37K.ir©.!
122,711.$3> ■fft ft Biturhamton. ..
3,17» » )
-m y ; 60.145^31]
•H-VI
S..2^t,4S«:
@55.0O5,H5i?' —X» i 5®S,8«.«8i M9.831 5S0
4a.s#,Af? ♦«*$ Totel Middle...
rt.wlt.V4d? t i i !
~td.im.3tfl
4,3*f
—
iy
|
WM&Mz
4.41
75,733J t 7
9*M§0,307 -«r s
87,908:497
........
St,064.700 d*io*6 fkatoa-..,..
S.4«
, — I 3.#41.2*0
4,977,4*00 —14 3 i n
—4)-| ProvUltmee.
21, tHA.rAS,
3-2»0.#i0l
WUmiMgiou.
—128
i , < n M3
U T iH l
S M
itertfflSi*.
• ..*• ••*•
-7-0;
lO
.ljN
S
t.fV
®
>
!
io
^
iaow
IWHm;
U^.40»
Binghamton,.:
—U*0
1.24.*.966
1.433.489
H#w Havea.,..,.,.
l,0*M,A2«>
-tvs t ftnatieid.........
—tl\ mMk. imjMsn
!,9frt„4$8 -14 6
Torn} Middle ' dwnumU'^t
R8£S
—3*0
1,206,124
iM
s
n
l
\
1
M M tt.
1,11.1,533
o#ee»fctr..
1.342..*^! —1*5
t,?*#%
7TS,t»¥S| —%’% p o r t la u d .......... .
LSVlUlS
{ 3»7.4:«*5.24‘» *if,K-9,3*a| -ISA
511,033
052.6Y5} - i t X
i&Nmr ¥^K —%% F a ll R » » e r ..........
5B9 p i
*S%3?
Providence,,,.. SSTTO.ISW 23M&MI,to*4 “d*Sf UJJWM*
tiS
>
«
l
—
1
8
6
M
vjOM
662.666
1
j
o
o
M
M
tS.KM
,9M
n'
907.838
H artford.— ,|
lr*:iW0it ....
—
TTl
-m
_3 ^ 0 6 »
447.38!
S38.820
7*3W,;'-H
#%W0.tia' 4^*3 Hew Bedford.-----107.824
N«W
4t»S*ftl.8»r.* —r »
ft.vfTjflO -l#
1 *!
Sjm sfdeid „..#J
—
a
t**5
#2.017.2*#'
.
99,0.11.001
^SIIG ' 0 4 8 H 1 Total He w R o*.. ■
A2 J.I'M *f7*lf
t-rii
-f-5
-7
S,l*f #60
Ptwrelaiid,f
i-3 0
.413,100
S7*i?2,@5l| 81,733,17!*
m itKIlt 3,217*73#
28.*’W<
T* » ObSM«d«.,♦,*.**..-*•
- M
Fail m v © r....j
12 712.1 0 - 2 2 9
lit? 0 6 0
Claetaaaili.... -... --.
IS.11 ',1 7'.* - I S
3.1ftI JETSj
bOwt&i
6,7*2.847 —i8 i
i-«44,l«
m
Detrtrtt..»».
........
li.Ot».l90
f
IfTl
ia.ilf
t
*-S£o
24f
'
I J N M ii
Hew Bedford.
62*-2.«405 ft,i;sa,r*9i -Hft*4
Clefetaad.. ...... .
7-ad
71,2.10 «37
—i'4^4 t.'#fV.as0,»U7
4.142660
:
Total N. l a f :
Miiwaaitee,.-.-. **■
8 UU.H.di
8 , 1 1 1 m -|
8,216.7'«*
Giiaa&a*.... .*».,■
43rd
1.440 830
3.047.3.2.L-!.
M*A%ttflM —
1,361.789
fadyma^U®
.......
C&lMyKCL™»*«*.!
&• T4i4s**i —
^S,'S2S).$’9i
^ a.
l#43.i?3
1.682.144 -28*1.
U felik
Cincinnati.. s,.tim -,...* ........
1,540,084 —22 7
tjm iwd
i:$.#n9TX
lt»^T8#7»| —.**«' TPm
OetrotL. ...... s 22^4011*111# SU.flft *a»4 —I f f
o le d o ..................... .
.
—
1
2
*4
ISMtSf J i l l 418 t Gr»:ad B#l4i ... ■
fe^*4U4l
IS 75.511
778.378
Cleveland
—
-2 5 3
It?,-*>1.01-1 4** 1
JUKI§01*1
491,696
.
841,144
80,gS!.10O|
!«> - '
Milwaukee ....
245,836 -TI3 4
—1*7
196,072
lo4.ssa5.vatj 44 7 hBXlngido.
lrtd.'«73 ? «*
lft*.4M*KSik
Colanabii#.
K
aUumoo .... *f
—
15
l
242,518
A?
4'7
217.024
« 5 «0 r*
A11l*,5Srt3!
i
UiilaoapOjIf,...
k r o n ............ ........
—•*5t‘S
i3.HWru* i
6ikS:1,77V.
202.643
!
319.598 —SlU*
M"t ABay
P e o r ia .
a
ty
,„,
...
—
—J*X
152.0 O + 18 I
f 1,707.4M
181,597
n fjiM !
4.3SH1JM0
3J06AA5 - U'"i
Qr*ti<3 R a p id * ,
R«dC (M ...
—38 :
145.571)
137,545!
XO^bSl.*7**1—13 I. 0primrdeld,
- ir s
xtwntm....1
Ohio...
#,*0 %<k«a
184.338 —31*4
U U , W i t-7*7
« '
6440,.«,j
Cattloo
.
.
.
.
.
.
.
.
-*.J,36>*,ISV
7.52-1 US
AwtyKil!
-■-. 1
ttkx.TSw'
Akrrm............
#,ll«,loS|-1 # » Dayton*........— •
Ijftid.f -* —#1*4)
- 1*0 H ® w
« » r City........
1 0 ;,(.8 t oio
■Wk¥ft,m3i
—ft'l
«,c.6rt till Arw Tm. Mid. wmt*n6 7*«lfft5
Bodkf’*rd.....
■37?J0M6|
5,640.*7
5,2 «,?
i“» *
$prtxj|fS©S<J. ,,,j
13,070.* 5 )
W 0 3?Ji 14.383,010!
ijfS-tJuj —;*» San Franeitco . . . .
—it* i
730*1fct#|
fdflKt. «3>$|
Canton.
i Tiauuf
0ii.l3*l
14 W 40|
l.f»C 6 H*!
626 6
life —s 7 X^MIl,swi-0S'*.1,029.W-i
tVb Salt
1,080,130
P o r t la n d ,. ............
et’Msaf 18)54,1*8 —»4 4
WW.4W
hm
Aiureie*....
..
—7*4
S
S
7,7®
?‘
»
0
i
'
-f* hi
408 76 ?
676,423
3f>f$j»4»
4if.4251
mMmM*
Sat* F?mast*e©J
ila la n a .,* . .«* .....
—4M#
~§*r(M
ati® 7.7* a
1 4-12**
Sf7,3S£
4
301.072
I
-I*.St L a k e C lt ji
T
a
co
m
a
........
. .*
$.«*r#r-v4 -HtM
5AH7,4Hj —3"l» Settle..............
530,(400 4-5’0:
i t #0 2043
406,726
Portland.., , ,. s
4-iw
i
1#4S,*1
*
94.0rS>;fi>j
-rr»
SHti.lta
2)5.114
“ * f{ *
Jrte A *»*•!#*,, *
S
pok
ane....
S~Pk* 0
i*»>
14M9MMK —US
119,608
46,022
v\i 4t,«t#
*d.<WV»WT
itl
@
3
3
Helen*;
j
*rll'4
—1-5
i%7d |,3?(
—**» 8¥mm*»***
1 1 0 ,2 1
tjm j.% i
180,810
Tacoma
lo«x
Falla..*......
'14.8W
o.l9fc!
+
h
r
l
B iiU S t..,,
16.0U8.416
18,7^.285
19^4,345
t
i
r
*
Total
PeetSd.--..
*-niu
1.67$. »?d
USfiAA***
S ^ k a n e . f
tr»,i/H#
##,747 t-15 V
ft,O06,4S.l
Wjawo. .....»#»I
-31*3
8.971 280
7.773^02
».887,4?4
4.011,069
v „&vkj
f V*#«$T7(
3 * ;^
fir s Raima# C ity ,,,,,..
SiOBX F * ll»....
4,66S,94o
Tl?l
4.916804
5,757,2 * 1.
MmneapoHi*.......
4 2 -*
—AM
+
8 **8
8.176,875
4«M»1.745
4 t'4 i h) 9
3
.*®
?.4
S
-<
S
Total PaetSei 70^74#f7;
m
m
Onukk....
—
6‘8
4,069,856
f,7
8
W
,*M
6
|
9200 89'*
2,874.058
f®0,2W9,wi —1*1 m » P a o L ...........
4*Jk»f,«34 - W
2.105,9*21 —2 SM
1,73l , « y
v1,1s>7,831
m
& *# «*• Cit-JfW
Deoaer.............
171.431-410. HSU ft*
-31*
U*
24.378
aB6#WMMT f i n
i»S,7r3.77S
i.166.000
Minneapolis,,.;
Jo##pb ........
ISt^SWWH
131,4*),- 16
695.115
i n *M0*
6w7.SOW —10*0
@«M«4
9 a »»«,. .
Dei
M
aw
i........
-26
9
-l-s
-IU4H.9.7- 6
353.1173
&7H, t»2
190.233.1H! 4-10*2
281.631
St. Pan!...
,, —
—82
S»,0 .illvS^ 5 —5*P lAu&i\n. «.«**'**.
»>* 8 SI6
•
-7»i
• 10.46k
Dense?..
v**.
*.&ri0.00rt
M,740:,Qtrt
49X9.SL4M -4T8 Widiilia*
+ I4,9
c m %* m -»$*H
368.77"*
.M
381.836
8*0 152
St. *foaep$r ...
+0*6
•f4
T
*J
—3
~7
StOBSl
857rH4»]
666 712
368,34
0 « Mai AM. .
............
:l$,*7'©,»«j 4*1*1 Topeka.
—59*^
i? * * . iv6 - T l
08 901
ld,4Vi.«*ft
8iosx City ...
Ihrets#®’
!
.*
***»
***■
*.•
-7*»
9,ieO,4«t
10.4&4.12fc—t t 'l
68.9641
1.43?,
97.0*0
48.00,1
63
9-?!
Lincoln _____
n f»jjsaJ — t-% HatMilirf....
1# <U&*J*0,
1 ^ 7 . *71 Tfst'l
lIMMKwM
w iehte*.,.. ..
2H.S»-3.78
"5335I3S
3M“
5
9
»8*6
i
.37,88ft,0«7
—
7
*
m
[
Tot,
©t.h©r
W
m
t
H,671Ji7»
—ut4
L-VshA ^ wlft i
YOEwSka__ __
firt.OOC*
-4**
fjMMHvj —IfFremont.,
10.80.1,,.-,7
17,939,3661 ilJNOW —|8*4f 21.796 «S1
1.700.141! 4*10*© 9t-ton i*...........
B a # tia «# ,.—
#2-3
0.2.4,324
He w O r le a n s ........
-16*7
5.791.000
ae^-.ovj;
im 7
SMPMf
um
M*'
Tot. oih'r W.
I,<ml#rt1 !e„.........
l,6 l$ ,« 0 2
■##*9
1,43$-ISO
1.677.SO0
1,447.408
Otlrurtott...........
l«&00«04>kj —2*6j U H . t e i
1 45»*,000
M60,82»
94iiHUwrf
IttflNM.TTSl
St, U o a S i . ,
Hoa*Wn,.
012.515
— 2 1 *8 ;
—1*71
4*rs SayannAfe,.... ......
13 92,432
1 ,20i,.S3«
■
New Orleans,,
I 17«,*>«.3»4»| l»5!.«70rA*ii — #«*8
.21 A §, sr?
2,013,546!
2,348,35?!
2,100 «00
LrratawIBsu....
t. ........
a«
—
m
a\
1.039.0
Hi
t—
7,¥&.,*&*u
'
8 QIJBW
Memphis....
.
7,*s
l9w. miil&Mi ij
899,060; -21
918 073
ri
704.066
Honafctm ......
3
Slil.l - 441*7
-1*7 Atlnot*..#»«**#* ....
070 6*6!
. .7. -------1 .0 *1 ,8 0 1 ]
970,080
Savannah. - ,
*71—18*11 #7^09*714
87J 616
##2,6581 4*18*8!
TM9tr7XSI —0*5 Dalla#...................
i*\m*jm*
716.168
iMfiftlMOd ....
Na*hrille,,
........
M $.254
747,760;
SB8.640! —10*0
4irs Norfolk,... . .......
M o m e n t * .,.,,,,
iti.vm —28*2
H7,4&'V-£3»1
474 >97
*•49X519:
1
I»
Atlanta ......
W a o o ....,,.. ......
522,498'
l,V'.:
- •' J
649,463
D iiiu .......
Foil..
Worth........
—
ft’ft
afc,«as,ii
8
430,900
%$}QftQu
W»4*IVT{il«.....
flS/100
■
,,
...
.....
8 S,dfl>aA
18;,1S6
a'2,7#i
80.12*.*17^
i,4fl
Sl».34ft! —Jrt'21
266,73$!
4
Birmingham, ......
• - asss-ui'i
17
ITS]
838,613f -16-0
wmjn'
IM & M K
iMti# Ho<t:k.....-2.47v.S«]
—fi*6 (
*8.3©>.'->*>1
£83,804
310 m
<694^1?!
2 1 M l*
$u,tm
Fort Worth.,Jaokf€»nif'l!;
l
#
...
..
188,850
217,8 >4
- r i|
tii.orto
5G1
230,711
;
Amm#ta._____■
C'hattanooea. .......
1,544.4^»|
1^99*^9851 10,3
Blrtmnjfhatt..
336,783
Ksnivtlli* .........
ijssdWS?;L ittle Hock.
89,896, «69
■^47*5^0,106
—HPM
41,370,062
T
otal
Sou
t
hern..
IQ.740/11
1,1*7 297'
!.*?». I9H
'
rt.HU.27w
Chattfth'hoka., 1
026,870 455
—«!• «!
Total a ll.......... #24.681,01# D#!,0®&,3s3

Haw York. ....
Philadelphia..!
Plttafeark...,-J
Baltimore
Buffalo.
Wat®Woifto®..
Rochester
,.... |

t

WWM^tX

Total Sonth, ■ mid S w i i 2?20 2 ie 2rt*
4,$#2,7*17 6*41
Potal all..... i
Dntslde if. t . i
U,7Pd#»7:
Montreal ,.J
..... | 30,104,76*
Halifax ... ...
$.463.A4*-:
bjm t mt>Winnipeg,....
lUmUton., .
C'**-c.nM,.

gv? H«/'.£.*)■ W
•

M ontreal.,...,...,
ToftNlto. .........
Halifax. .........

0

4 04i,t*d|
3^.07't,4 ft,'
01/^7-59

Wiouipe*.. ... -•H am Uton. ...

T otal Canada. .
!1

I

“44 | P l l

Ontaide N. York,

f
0 ,0 O
2 ,mi
®0180 2 0 '
907,0621
1 .oTirgdi
$$4.490
■

• Not Included in total#.

0,2@04f3
5,818 212
1.2 U . 264
017,35?
644,423
17,«H). MS

—i i 9 j

b iw m

- 2 2;
4*1 » !
—25Ti
4*17*3;
-11 0
-g 1

12 8’ 7,(I'll
6,8)11.471
1.581,568

1)59.(81

720 811
~~gn.80U.tiU3

206

t h e c h r o n ic l e .

[V o l .

LXiir.

per cent, in the net over 16 per cent.
Th e’
amount of the net for the late year was $l,293rAn event this week which, according to the earliest 869. The charges were $1,059,632, leaving a surplusreports, appeared to threaten wide consequences 3nd of $234,237. The company paid for new equipment,,
very disturbing results wa3 the announcement of the including the principal of car trusts, $143,645, and
failure of the Moore Brothers of Onicago.
The news deducting this there is left a balance over and above
was accompanied by the closing of the Chicago Stock E x­ disbursements and charges of $90,592. In the previous1
change, with the statement that the liabilities of the firm year the outlays for new equipment were somewhat
would roach $20,000,000 and that the affair would seri­ larger (amounting to $186,557), while the surplus over
ously involve many Eastern as well a3 Chicago banks. the fixed charges was very much smaller— only $31,149
Conditions are ripe now for making the most out of against the $234,237 for the late year— and the
every unfavorable circumstance, and it is no surprise result was that in that year there was a deficiency of
that these suggestions and surroundings should have $105,408 after allowing for the equipment payments,
encouraged an attack on the New York stock market against the $90,592 surplus now found for 1895-96.
on Tuesday, and that it was followed by sharp de­ The report says that all expenditures on account of
clines. I t seems that the reason for the suspension was betterments and improvement have been charged to
the inability to carry through engagements with operating expenses, and hence the exhibit is a very
reference
to the
stocks of
two
industrials, encouraging one.
the Diamond Match and the New York Bis­
I t is almost superfluous to say that our statement of
cuit Company, which have been speculated in bank clearings for July shows a falling off as compared
largely at the Chicago Exchange and prices put up to with the same month last year. The conditions were
at least double their real value. Tnis sort oE manipu­ not such as to permit of any other result.
The action
lation disturbed confidence not only in these collat­ and platform of the Democratic Party in National
erals but in the companies themselves, and the institu­ Convention assembled, tended, a3 is well known, to re­
tions at Chicago and at Boston that had made advances press enterprise and restrict activity. Under the cir­
on the stock or loaned money on the paper of the cor cumstances it is perhaps encouraging to find that the
porations became alarmed, and the failure was the falling off has been comparatively so small— only 4'4
result. As we write, the Chicago Stock Exchange has per cent, including N ew York, and 7‘5 per cent out­
not been opened, but President Jamieson states that side of New York. This appears all the more true
the sub-committee appointed to investigate the afE airs when we remember that the showing last year in that
of Jthe Moore Brothers is making good progress; that month had been exceptionally good (the increase then
the work involves the examination of much property having been nearly 22 per cent without New Y ork
not in the best shape, which cannot be done thoroughly and almost 30 per cent with New Y ork included), so
in two or three days; that the prospects are favorable that comparison is with heavy totals. Tne f blowing
for a speedy settlement of the trouble.
gives the comparative figures for each month of the
Another conspicuous incident has been a very mate­ year, both with and without New York.
M O N T H L Y C L E A R IN G S .
rial rise in cotton. This was no surprise to those who
have watehed the current statistical position and the
Clearings, Total A ll.
Clearings Outside New Y ork.
M onth.
large Europsan consumption in progress. A sensitive
1895.
1890.
1895.
P .C t.
P . C t.
1896.
market is inseparable from such conditions. No won­
$
$
$
*
der, then, that Government reports of very hot and in J a n u a ry .. 4,609,107,199 4,402,668.909 +4-7 2,046,753,791 2,007,996,494 + 4 -9
F e b ru a ry
4,101,712,40/ 3,407,662,173 +20-4 1,728,720,777 1,543,220,947 4-12*0
important sections very dry weather should have dis­ M
a r c h ........ 4,128,070,254 4,034,435,895 +2-3 1,811,813,600 1,793,694,879 + 1 -0
turbed the confidence of .those short of cotton, and led
1st q u ar.. 12,838,950,160 11,844,766.977 + 8 4 5,587,238,168 5,344,912,320
them to cover, or that the professionals should A p r il.......... 4,288,851,967 4,255,595,350 +0*8 1,895,396,642 1,882,116,371 + 0 ’7
4,236,515,724 4,858,278,208 -13*0 1,886,423,931 2,024,431,568 - 8 * 8
for the time being take a turn on the long side of the JMuanye.............
............ 4,293,121,197 4,396,191,417 -2*3 1,878,740,458 1,915,355,365 -1 * 8
market, especially as just now the political situation
2d q u a r... 12,805,491,888 13,510,067,975 -5 * 2 5,860,561,031 5,821,903,304 —2*8
is generally believed to be assuring.
It is easy 6 m o n th s. 25,647,442,048 25,351,834,952 + 1 -2 11,247,819,199 11,166,815,624 + 0 *7
to conceive a possible state of
supply which J u ly ............ 4,363,259,083 4,562,547,644 - 4 ‘ 4 1,882,869,393 2,035,280,148 -7 -5 would warrant higher prices than have been ruling.
The decrease from last year has been pretty general
Taking the acreage as about the same as in 1894 (which at the leading points, but the two groups of places
is a fair assumption) and comparing with the yield in which have suffered the heaviest declines are the N ew
that year, when the weather averaged as near perfect as England and the Southern. In the first mentioned
it ever can be, it would seem as if the supply present section the contraction in the volume of clearings has
and prospective did not to-day promise to be excessive. been 10’3 per cent (Worcester, Portland and New
A t the same time under existing circumstances it is Bedford being exceptions to the rule, and recording
reasonable to look for a sensitive mar ket, going down gains), and in the Southern group the decrease is 9’8
or up as the political outlook and the weather reports per cent, all but four out of the nineteen points con­
affect men’s minds.
tributing to the falling off. In the Middle Section, in­
With great promptness the Mobile & Ohio has fur­ cluding JNew York, the decrease is 2-7 per cent, in the
nished a preliminary statement of its income for the Middle Western 6-7 per cent. On the other hand, the
fiscal year ending June 30. And the security holdsrs “ other Western” group actually records an increase
can contemplate the results with considerable satisfac­ of 1 4 percent, several of the points in that group, and
tion. We know that the South had a short cotton notably Omaha, having very large gains. The explana­
crop last year and that the cotton traffic is an import­ tion in this case no doubt is that the heavy grain move­
ant item of freight with the Southern roads. In face ment increased the volume of the exchanges. Full de­
of that fact the Mobile & Ohio is able to show an in­ tails for the month appear in our clearings page (the
crease over the year preceding of $349,082 in the page preceding this article on the Financial Situation),,
gross earnings and an increase of $178,366 in the net but we furnish below a four-year comparison for the
earnings. The ratio of gain in the gross is about 11 leading cities.

THE F IN A N C IA L SITUATION.

fH E

A u g u s t 8, 1896.]

CHRONICLE

B A X K C L Z A R W G S A T L E A D IN G OITXKS.

------ - — J u ly . ----------

-—

Ja n u a ry i
1896. 1395.
$
3
16,830 16,715
2,647 2,640
2.619 2,709
1,907 1.989
676
724
384
387
402
429
459
419
359
387
266
256
290
287
137
138
170
137
130
123
176
179
199
171
131
103
153
156
131
161
75
99
120
133

to J u ly 3i.—
1991. 1993.
*
*
13,792 20,760
2,404 2,925

Hew Y o r k ...
Chicago........
B oston.........
Ph iladelph ia
81. L o u is . ...
Ban Fran oo.
B a ltim o r e ...
P itts b u r g .. .
C incin nati...
N ew Orleans
K ansas C ity.
M ilw a u k ee..
L oo Ia v illa ...
BaO alo.
D e t r o i t .......
M inneapolis.
O m aha........
Providen ce..
C le v e la n d ...
D e n v e r .........
St. P a u l.......

1996. 1395. 1394. 1393.
1
*
$
*
2,1 SO 2,527 1,343 2,393
351
323
403
375
332
374
397
418
305
250
281
271
83
92
88
103
46
50
55
59
61
64
61
65
56
69
70
57
47
59
57
53
29
27
27
29
27
41
36
37
21
21
21
IS
22
26
21
28
20
21
19
13
25
25
30
23
23
30
26
20
22
19
14
19
20
22
25
24
29
22
23
28
9
11
10
10
22
21
14
18

T o t a l........
O ther cities..

4.142
221

4,330
233

3,313
209

3.958 23.397 28,332 24.281 33,641
199 1.614 1,595 1,509 1,760

T o ta l a U ...
O i u l d e JT.V.

-4,363 4 ^ 6 3
1.8S3 2.036

3,522
1.879

4,155 30,011 29.917 25,790 35.401
1.762 13.131 13,202 11,999 14.641

(O J O . O O O s
o m itte d .)

2,378

1,710
645
370
392

2 ,9 03

or

STO CK* A T T a » H I *

711
432
434

381

435

374
247
263
125
194
110
160
154
145
131
134
80
97

412
305
303

241
217
137
203
201
197
188
175
140
139

Y O R K S T O C K K X C IIA K O K ,

1398.
M o a t*

Jan ..
F eb .;
M a rch

S u m bw
o r S k o r.t

4.335,61*
5.203,00*
4.500,579

p. r

*
417.aoi.55t.
402,613,7 Od
SW.9M.OOO

1*4 «*r l M S M t *
A p r il..
M a y ...
J a n e ...

1896.

Voluto.
|
A tlu a L

4.058.6111 572,065.175
3.799.615! 965.70*^50
4.970.7801 417,271.560

f d q r . ll.25H.992 1.065.129,20*

Sum ber
o f S k o ru

Vatu**.
Par

A ctua l.

1
518.422,500
900.314,750
499.445.HUO

180,100.306
901.200.171

60*900.471 11.296,470 1.118.185,060

O0O.OlO.Mfl

\ 036,710
8,852,707
6.090,415

271,71 L290
465408.575
510,670,724

*
$50,445,086
K 8.M 9.19P
2M.ft85.807
966,100.075
I05.O 0M Q *
296.66o.0l5

5.243.9<tt
3,02 4,032
5.1S» .MO

482.488.3 V.
869.lflJ.9S8
57V.442.HfH)

9
192.080.

k

$

? 4 0 .< > *U »

19.999.852 1.921.07 4,12k* 1.054.270.589

e B a t . . 2a.SM .2M U M V I . M B . 2 X 1 . S S 1

41.590,7*J* 5.099.157.903 1.734.281.153

J a lr ...

* .* 4 » , a s i

3s t .o n 1 .3 s 3

5.8*0.40*

M l . 2 9 0 4 *0

the Union Pacific Denver & Gulf 815,980 increase in
gross, $29,356 increase in n e t; the Western New Y ork
& Pennsylvania $21,815 decrease in gross, $1,178 in­
i' crease in net. In the following we compare the gross
and net of a number of companies for four years.

2,1T9

As far as the operations on the Stock Exchange may
have had an effect on bank clearings, it is proper to
say that while under the decline in prices which oc­
curred there was a little more activity, yet the aggre­
gate of the transactions did not reach very large pro­
portions. The sales of stocks amounted to 5,555,981
shares in July 1896, against 5,819,166 shares in July
1895, but there were evidently more high-priced
stocks included in the transactions the present year,
since the market value of the shares sold was 351 m ilion dollars in 1896, against only 312 million dollars in
1895, as will appear by the following.
S A LK S

207

S42JI47.800

The Erie makes a very favorable return of earnings
for June, showing $167,680 increase in gross and
$195,866 increase in net. On the other hard, the
Norfolk k Western, while reporting very heavy gains
in gross (comparison being with the time of the coal
miners’ strike on the line in 1895), reports a still larger
augmentation in expenses, leaving the net less than in
the same month last year; in brief, with gross in­
creased $330,316, eipensea
were added to in
amount of $331,665, leaving $1,319 diminution
in the net. The Southern Pacific for the same
month reports $160,276 decrease in gross, $112,036 decrease in net. The Louisville & Nashville
has added $101,070 to its gross, $19,119 to its net.
The Mexican Central has gained $5,010 in gross but
Uses $30,821 in net. The Denver k Rio Orando, has
$76,571 increase in gross, $18,906 increase in n e t; the
St. Louis & San Francisco $73,681 increase in gross,
$6,511 increase in n e t; the Mexican National $12,623
increase in gross, $11,179 increase in net; the Burling­
ton Cedar Rapids & Northern $51,719 increase in gross,
11,712 increase in n e t; the Buffalo Rochester & Pitts­
burg $21,025 increase in gross, $58,821 increase in not;

1890.

Same o f Road—
B uffalo R o c h . Sc. P i t t s . . . . . .
N et
B a ri/ C ad . R ap . it N o r t h .,..
N et
C h ica go A W e s t M ic h ig a n . .G ro s s
N et
D e tr o it L an s. St N o rth e rn .. .G ross
.Net
D e n v e r it R io G r a n d e ...........G ross
N et
L o u is v ille it N a s h v ille ----- .G ross
N et
N et
M e x ic a n N a tio n a l................. .G ro s s
N et
N et
K lo G ra n d e W e s t e r n ...........
N et
N et
T o le d o & O h io C e n tr a l....... .G ro s s
N et
W e s te rn S . V . A l f a ........ .. .G ross
N et

4
285,359
90,888
351,857
87,118
127.981
12.305
94.933
7,703
050,147
277.300
1,548.337
478.512
730.901
251.585
38J.700
157.457
945,114
18.»,45S
907,513
73,740
524.618
104.888
147.951
37,041
250,531
U 7,512

-------- June E a m in os .-—
1895.
1894.
1

201.931
38,084
297,188
85,400
130.203
9.030
92,230
18.045
579.573
258.400
1,547.317
429,003
731.801
2*5,107
340.143
143.288
014,798
103,807
200.077
70.511
460.804
15*374
141,385
41.487
278.340
103.334

3
119.850
def.10,381
273.683
38,030
125.708
31.279
85,779
13,350
601,809
150.849
1,514,809
401,593
092.740
827.207
347,894
139,812
910,114
285,490
177,130
49.0 1
445,898
155.970
107,683
10.473
230.975
43.074

1893.
*
303,958
119,436
319.853
54.909
160,480
26,163
99.307
16,062
747,18a
310,00}
1,713,84 4
499.904
682.235
233,099
331.180
111,013
829.395
21W.S60
219,323
83,474

145.931
38.17 0
318.494
91.713

L w t week’s bank statement showed a reduction of
$1,701,000 in loans, following a loss of $5,301,000 in
the previofls week, making $10,005,000 in the two
weeks. The deposits were reduced $8,311,200 last
week and $12,632,900pn the "previous week, m iking
$20,977,100 in the two weeks, and the surplus reserve
was $17,728,600 against $17,005,975 April 4, the low ­
est of the year. This low condition of the banks,
before the demand from the West and South for crop
purposes has fairly begun, naturally tends to make bank
officials very conservative, and hence they are husband­
ing their resources, declining to make new loans, and they
are as rapidly as possible getting into a position to meet
the requirements of their correspondents and other
customers.
Bank officers say that interior banks are
drawing their deposits quite freely in anticipation of
crop movements and the proceeds of re-discounts, which
are this week not quite so large from Southern banks
but are increasing from those in the Middle Western
States.
There was more or less of an unsettled feeling in
the call loan branch of the market on Tuesday, and
during the day the rate for money was marked up to
3$ per cent, closing, however, at 2 per cent. On
Thursday lower prices for American stocks in London
again gave the bears an opportunity to raid the stock
market, somewhat disturbing loans, and the rate ad­
vanced to 3£ per cent in the afternoon, closing at 1^
per cent. Yesterday, with a farther shifting of loans,
the rate on call advanced to 6 per cent, and it closed
at 5@6 per cent. The range for the week has been
between 1| and 6 per cent, averaging about
per
cent. Banks and trust companies quote 3 per cent
as the minimum. There is very little disposition to
make time contracts and even the high rate of 6
per cent bid for all periods fails to induce offerings,
though on choice collateral some little business is
done for four months. The feature of the commer­
cial paper market, as reported by the brokers, is that
notwithstanding the high figures ruling for the best
names, no paper is moving, indie Ring that buyers are
entirely out of the market. Mercantile borrowers arc
supplied to a moderato extent by their banks but the
majority of the merchants seem to be getting along
without pressing their applications and few are in ­
curring new obligations. Rites for paper are nom­
inally 5J@6 per cent for sixty to ninety day endorsed
bills receivable, 6@7 per cent for four months’ com-

THE CHRONICLE.

208

mission house and first-class single names, 6@7 per
cent for prime and 7@8 per cent for good four to sis
months’ single names.
There has been no special feature in the European
financial situation this week except a steady demand
in London for gold at 77 shillings, 9$ pence per
ounce.
The Bank of England minimum rate of dis­
count remains unchanged at 2 per cent.
The cable
reports discounts of sixty to ninety-day bank bills in
London at J of 1 per cent. The open market rate at
Paris is I f per cent and at Berlin and Frankfort it is
2 f per cent.
According to our special cable from
London the Bank of England lost £736,995 bullion
during the week and held at the close of the week
£47,143,147. Our correspondent further advises us
that the loss was due to £871,000 net shipments to
the interior of Great Britain and to imports of £134,000, of which £75,000 were from Australia, £50,000
from Egypt and £9,000 from Portugal.
The foreign exchange market was quiet and strong
until Wednesday afternoon, when it grew easier, in­
fluenced by the offering by the Syndicate of a fairly
large amount of long sterling and cable transfers, but
rates, except for sixty days, were not changed, and on
the following day the market was quoted steady.
Bankers report no new feature in the market. With
operations in exchange entirely controlled by the com­
bination it is not to be expected that details of the
movements will bo disclosed.
The market opened
firm Monday, with no change in nominal rates, but
those for actual business were advanced one-quarter of
a cent, compared with the close of Friday of last week,
to 4 88@4 88f for long, 4 89@4 89£ for short and
4 89^@4 89£ for cable transfers. On the following
day the tone was strong and Brown Bros, advanced
the sight rate half a cent, while Heidelbacb, Ickelheimer & Co. moved both long and short upward half
a cent. On Wednesday the market was strong until
the afternoon, when Brown Brothers reduced the
short rate half a cent, and the tone wa3 easier at the
close in consequence of the offering of Syndicate bills
above noted. Rates for actual business were main­
tained by the c >mbination, though some of the Cana­
dian bankers reported long bills at one quarter of a
cent below. On the following day the market was
quoted steady by all drawers. Yesterday it was easier
on dearer money here, and rates for actual busi­
ness were reduced one-quarter of a cent for all
classes of sterling bills. The following table shows
the daily posted rates for exchange by leading
bankers.
D A ILY POSTED RATES FOR FOREIGN EXCHANGE.
F B I.,

M o n ., T u b s .,
W e d .. T h o r ..
Frl,
8. Aug. 4. Aug. 6. Aug. 6. Aug. 7.

July 31. Aug.
B ro w n B ros........

88
80«

88*
89*

B a rin g.
(6 0 d ays.
M a g o u n A C o.. ( S i g h t - . .
B ank B ritish
(0 0 d ays.
N o . A m e r ic a .. 1 S ig h t....
B an k o f
(0 0 d ays,
M o n t r e a l ........ \ S ig h t....
C an ad ian B an k (6 0 d ays.
o f C o m m erce.. { S ig h t....
H e ld e l bach, Ic k - (6 0 days,
e lh e tm e r A Co. \ S ig h t....

8S%

88*
89*

L a z a rd F r e r e s ... { g jL | j{f5 '
M e rc h a n ts ’ B k . ( 6 0 d ays,
o f C a n a d a - ..... 1 S ig h t....

8 »X

88*
89*
88*
89*
88*
89*

3g
88*
89*

§8*
89*
88*
89*
88*
89*
88*
89*
88*
89*
88*
89*

88*
90
88*
89*
85*
89*
68*
89*
88*
89*
89
90
88*
89*
88*
89*

88*
90-89*
88*
89*
88*
89*
88*
89*
88*
89*
89
90
88*
89*
88*
90

88*
89*
88*
89*
88*
89*

88^
89*
88«

38
§8

88

89
90
88*
89*
88*
90

Ita
88*
89*
89
90
88*
89*
8 «*
90

The market closed easy on Friday at 4 88^-@4 89 for
sixty day and 4 89£@4 90 for sight. Rates for actual
business were 4 87|@4 88 for long, 4 88f@4 89 for
short and 4 89@4 89^ for cable transfers. Prime com­
mercial bill) were 4 87^@4 87£ and documentary 4 86#
@4 87.

[V o l . LXII1.

The following statement gives the week’s movements
of money to and from the interior by the N- Y . banks.
W eek E n d i n g A u g .

7,1896.

Currency..... ...................................
Gold ..............................................
Total gold and legal tenders......

R eceived b y I S h ip p ed b y
N . F. R i n k s . AT. T . B a n k s.

N e t In te r io r
M ovem en t.

$4,356,000 $3,799,000 Gain. $557,000
25,000
407,000!
382.000 Gain.
$1,788,COOl *4,181,000 Gain.

$582,000

Result with Sub-Treasury operations, etc.
W eek E n d i n g A u g .

7,1896.

Banks* Interior movement,as above
Sub-Treasury operations...............

In to
B anks.

$4,763,000
15,600,000

Out of

N e t Change i n

B anks.

B a rik H o ld in g s .

$4,181,000 Gain. $582,000
16,350,000 Loss.
750,000

Total gold and lega l tenders..... $20,363,000 $20,531,000 Loss. 5-168,000

The following table indie ites the amouat of bullion
in the principal Eiropean binks this week and at the
corresponding date last year.
Aug.

Bank of

England.......
France........
Germany. .
Aust.- Hung’y
Spain..........
Netherlands
Nat.Belgium.

6,1896.

Aug.

8. 1895.

G old .

S ilver.

T ota l.

Odd.

S ilver.

T o ta l.

£

£

£

£

£

£

47,143,147
47.143.147
82,951,550 50,088,950 133.040,500
30,211,867 14,755,933 44,907,800
27,496,000 12,895,000 40,391.000
8,406,000 11.320,000 19,726,000
2,631.000 8,915.000 9,549,000
2,574.067 1,287,383 3,862,000

38,096,054
88,096,054
82,013,800 50,379,667 132.393,467
34,834,804 16.012,196 50,897,000
20,521,000 13,330,000 33,851,000
8,004,000 12,120,000 20,124,000
4,283,000 6,961,000 11,214,000
2,770,067 1,388.333 4,165,000

Tot.this week 201,417,231 97,262,216 298,679,447 190,579.325 100191190 290,770,521
Tot.orev. w’k 201.783,370 97,87l.302'299,654,732 190,535.431 100315182 290.850,013

INSURANCE P O L IC IE S AND FREE S ILV E R .
The- more the question of free-silver coinage is
studied and probed, the wider and deeper are seen to
be the ill effects it would produce and the
greater the harm and injury to be wrought
by it.
To the superficial and unthinking it may
seem that the influence of free silver on insurance
policies is a matter regarding which the public need
not give itself much concern— that at the most only a
few rich people will get hurt. Y e t the executives of
several o f the larger companies have deemed the sub­
ject important enough to merit the sending out of le t­
ters or circulars to the policy holders to indicate how
very serious would be the results to them should the
policy advocated by the Democratic Party and platform
by any possibility receive the support of the voters at
the polls. We have in mind more particularly the
circular letters issued by Colonel Jacob L. Greene, the
President of the Connecticut Mutual L ife Insurance
Company, and by Mr. John A . McCall, the President
of the New York L ife Insurance Company. Both are
notable contributions and both deserve wide circula­
tion.
The truth is, as in everything els9 connected with
this momentous question of monetary standards, the
interests involved are on examination found to be
larger even than those pretty well informed had im ag­
ined. The consequences to flow from free silver coin­
age threaten to be almost appalling in their magnitude.
How many persons for instance have a proper concep­
tion of the extent of insurance of the various kinds
written in the United States. Here are some figures
from the last report of the Insurance Department o f
this State which will help to enlighten the reader on
that point.
December SI, 1895.

Risks in Force.

Fire Companies.......................
§17,737,281,047
Marine Insurance..............................................
203,415,990
L ife Companies.................................................
5,611,497,447
Casualty.............................................................
2,597,298,295
Total............................................................ §26,149,492,779

We take this statement just as it appsars in the re­
port of the Superintendent.It will
be seen it covers

A ugust 8- 1896.]

THE CHRONICLE.

the underwriting business done Oy fire insurance, life,
casualty and marine companies. It embraces the oper­
ations not only of the New York companies but also
of the outside companies doing business in this State.
Both classes of companies write policies all over the
United States, and yet the totals must be considered as
falling short of representing the full amount of insur­
ance outstanding in these lines in the whole country,
since more or less business must be done in the several
States by exclusively home companies not included in
the list.
But the table serves at least to indicate how enor­
mous is the aggregate amount involved. The total of
risks outstanding reaches $26,149,492,779.
Over
twenty-six thousand million dollars of insurance con­
tracted to be paid in gold at 100 cents on the dollar,
but under free silver to be paid in silver dollars worth
only fifty-three cents— can any one fail to understand
what this means or fail to comprehend the mag­
nitude and significance of the change?
Of the total, 17,737 m illiois represents fire iu3ur
ance, and no doubt it will be claimed that fire insur­
ance policies hardly belong in the same category with
life insurance policies.
In a certain sense that is
true.
The nature of the policies of course is
totally different. Fire insurance policies do not cover
past accumulations and savings, like life insurance.
They represent, too, merely short-term contracts, and
the adjustment to the new standard will not involve
such serious consequences to the insured as in the
other css<*. It will however involve a loss neverthe­
less, and produce great disturbance. Suppose a man
holds a three-year or a five-year policy (favorite forms
of policy, both of them, because under them the an­
nual charge is less), he would find in the case of the
adoption of free coinage that the amount of his policy,
paid in silver dollars worth 53 or 54 cents, would
cover only about half the co-t of his property, and he
would have to buy new insurance to the amount of
the difference for the remainder o f the term. This of
course wnild entail an additional expense to thatextent*
and an expense that he had not at all calculated on.
The argument applies likewise to one-year policies;
when they expire they will have to be renewed
for a much larger amount, if the owner would
have his propertv protected to the
same ex­
tent as before. And the small land holder and
the small business man— the head of a family who has
just built himself a house, or the small trader who holds
a meagro stock of goods— would suffer no less than the
large latd owner and the great capitalist. Neither the
house nor the stock of goods could under silver values
be replaced for the same amount of money, and ac­
cordingly the insurance would have to be increased.
Larger insurance means larger expense, and hence we
see one of the ways in which expense accounts would
be add»d to with free-silver coinage in active operation.
Undoubtedly, however, it is the holders of life in
suranee policies who would suffer most severely from
the descent of the country to a silver basis. Such pol
icies are nothing more nor less than investments made
out of past earnings for use and protection in the fu­
ture. Under tree silver these investments would,
through no fault of the insured, be shrunk nearly one
half. This branch of the subject, therefore, deserves
special consideration. Pr< sident McCall gave some
statistics relating to the matter in the circular already
referred to, but the subject will bear further elabora­
tion.

209

In the table above the amount of the life insurance
policies outstanding is given as 5,611 million dollars.
But this embraces only the contracts of the regular
life companies, together with the so-called “ indus­
trial
risks.”
It does not cover
the business
of the assessment companies— the co-operative and
fraternal
associations which
are
so numerous.
In order to afford an idea of the aggregate extent of
the life insurance contracts of all kinds in force, we
have taken this 5,61^1 million dollars (separating, how­
ever, the industrial risks and the regular life policies)
and added the figures for the assessment companies.
We also indicate the number of policies outstanding
of each kind, as it is desirable to know how many
people are interested in life insurance and how many,
therefore, will be adversely affected by free-silver coin­
age. It is proper to say that in the case of the assess­
ment companies the report of the Superintendent of
Insurance does not give the aggregate of the insu-ance
outstanding, and we have made np our figures from
the returns of the separate companies, some of the
smaller of which do not give this item, so that our
total does not show quite the full amount of the in­
surance of that class of companies.
Here is the table, as prepared on the basis outline 1. It
is subject to the same qualifications as the table further
above, that while it doubtless comprehends by far the
greater portion of the insurance contracts in the
United States, it does not embrace them all, since the
totals are based only on returns made to the Superin­
tendent of Insurance here in New York. With reference
to tbe fortign policies included in the amounts of some
of the companies, these may, we think, be disregarded
in view of the fact that, for the reasons stated, the
totals fall short anyway of showing the wpole a uount
of insurance in force iu the United States.
Number o f
Policies.

Amount o f
Insurance.

..

6,674,632

$79 3,326,502

..

1,064,752
813,056

2,992 .0 86,733
1,826,084,213

1,877,808

#4,818 ,1 70,945

658,987
1,201,448

1,489.909,806
2,178,810,574

1.855,435

# 3 068,730.380

December SI, 1995.
Industrial

K i s k a ........................

Regular Life —
New Y o r k 8 true C o s ........ . .
Olh» r States C o s ......................

Assessment Companies—
C o - o p e r a t i v e ...............................
F r a t e r n a l . . ................................... . . .
T o t a l ....................................... . . .
G ran d

t o t a l ............................ ..

..

10,407,875

$9,280,217,827

Thus it is found that altogether there are almost 10£
million policies outstanding, the exact number b-ing
10,407,875, this agreeing with the total reported by
Mr. McCall. The aggregate amount of insurance c ntracted to be paid to these holders we make over 9^
thousand million dollars— $9,280,217,827. O f course
some persons may hold policies in two or more com­
panies, but allowing for this the number of people con­
cerned in this matter of life insurance is seen to be
extraordinarily large.
A study of .the figures reveals other striking features.
Look at the first line in the table, snowing the indus­
trial risks. The amount is much smaller than in the
other cases, being only 793£ million dollars, but observe
that the number of policies in force reaches over 6 f millioi 8— 6,674,632. Just think of cheating these 6§ mil­
lion people out of one half of what they have under­
taken to buy, by enforcing payment
in
de­
preciated silver instead of in gold.
The aver­
age of these “ industrial” policies, it should be
noted, is less than one hundred and twenty
dollars. It is the kind of insurance that only the

210

THE CHRONICLE.

poorer class of people buy, the premiums being met by
the payment weekly of some very small sum— five cents
or ten cents, or possibly twenty five cents. The mea­
greness of the weekly contributions shows the hardship
involved in making them. The policies are taken out
to cover the life of a child or a parent, or a husband or
wife, the beneficiary stinting himself (or herself) in
order that in case of sickness and death it may be
possible to defray the cost of medical services and
provide for the loved one a decent burial. By reason
o f the expense in making collections in this small way,
the premiums are necessarily very high.
Is it not heartless to deprive this class of the
population of one-half of that to which they are en­
titled and for which they have paid >o dearly.
The
matter is made all the worse by the fact that if the bene­
ficiary is so fortunate as to have a little money laid up
in the savings bank, that will be cut in two in the same
way. Moreover, with the provision for the future re­
duced one-half in this fashion, very likely the poor wageearner (for these people are all wage earners) would
find that his wages in silver were very little higher
than they previously were in gold.
Take now the regular life policies to the number of
l j millions and involving 4,818 million dollars of in­
surance. Consider the effect on them of the free-silver
policy. The gold value of these policies would of
course likewise be reduced one-half. Some may be in­
clined to associate these regular life policies with the
rich. I t may be a surprise therefore to hear that the
average amount of all the policies in force is less than
$2,600. N or must it be supposed that these policies pro­
vide simply for the contingency of death. During the
last twenty years a great many new forms have
been devised, and payment of a policy no longer
depends entirely upon the death of the insured. Many
policies have been taken out to provide a competency
or annuity in old age, others have been taken out so
as to provide a fund to use in business, still others to
furnish an education for a son or a daughter or to
give them a start in life. Whatever the object, wheth­
e r to take care of the family after death or to provide
fo r one’s self or one’s family before death, the plans are
all upset by free silver, and the allowance reduced onehalf.
Nor will most policy holders find it possible to make
good the loss by taking out additional amounts of
insurance. They have very likely been paying their
premiums for a great many years and have now
arrived at an age where the companies would be very
reluctant to take them at all as new risks, or if they
were willing, the premium, by reason of the age,
would render the operation out of the question. A t the
same time, in very many cases the income of the in­
sured would not permit any further expenditures of
this description, the income having been reduced or
cut off altogether because of age or incapacity, or
being inadequate because of the growth of the family.
So the policy holder is helpless, and would simply have
to endure the loss.
But can not the companies make payment in gold
anyway ? Before attempting a direct reply it is to be
said in the first place that the silver advocates do not
desire that payment shall be made in gold. Their
platform declares against gold contracts, and they
demand legislation that shall prevent the making of
such contracts.
I t would, however, be impossible in
any event for the companies to undertake to fulfil
their contracts in gold.
Ool. Greene of the Con­

[VOL, L X III,

necticut Mutual demonstrated this very clearly in a
letter which he wrote to one of the policy holders of
the company in response to some criticisms made by
this policy holder. Said Col. Greene: “ When the plat­
form which permits free coinage, forbids gold coin con­
tracts and promises the reorganization of the Supreme
Court and short terms for its Judges, is made effective
in legislation, the gold will go and the legal tender silver
and greenback will remain to take its place. We shall be
compelled to take them as dollars in payment of our
loans and investments and the interest thereon, and
from our policy holders as premiums. They will be just
as effective for the legal discharge of these various con­
tract obligations as if they were worth a hundred cents
apiece, and we cannot help taking them, and what we
have to take for a legal dollar our policy holders will
have to take for a legal dollar. We can no more pro­
tect ourselves against it than we can protect ourselves
against the act of God. We have no way of changing
its value any more than you have.” * * “ We are all
in a boat together in this country, and have got to all
take the same medicine. I f we come upon a silver
basis, there will be no exceptions to its effects.”
I t is easy to te3t the truth of these statements by an
analysis of the assets of the companies. The gross
assets of the life companies on December 31 1895
amounted to $1,142,419,926. Of this total $402,301,939 consisted of real estate mortgages. I t is the de­
clared purpose of the silver advocates to have all mort­
gages paid in a depreciated silver dollar, in order to
ease the burden on the debtor class. Besides these
mortgages the companies hold $473,189,533 of securi­
ties, consisting of United States bonds, Scate, city,
county and town bonds and railroad and miscellaneous
bonds. As to the United Statesbonds the platform of
the Democratic Party demands that holders of the obli­
gations of the United States shall be deprived of the
option of choosing the kind of money in which they
will receive payment, which means that the Government
would pay in silver instead of in gold, as heretofore.
Municipal bonds are only in special instances payable
in gold, and these, therefore, would also be paid in the
prevailing currency after free coinage— that is,
silver.
As to railroad bonds, some of these are doubtless
gold obligations, though we have no idea how many.
The railroad industry, however, it can not be denied,
will suffer more severely than any other in the case of
the adoption of free-silver coinage, and there is only
too much reason to fear that in numerous instances
the companies would not be able, therefore, to fulfil
their agreement to pay in gold. There remain the
real estate holdings of the companies to be considered.
Supposing the real estate to advance in the event of
our passing to a silver standard, here is a way in which
compensating advantage might be found. But as it
happens the real estate investments form only about
11 per cent of all assets held. As far as the assess­
ment companies are concerned, they of course have
little or no assets, and depend mainly on their assess­
ment calls to meet their claims. But here, too, the
members would lose the benefit of all their past gold
payments.
Thus it is seen to be clearly impossible to prevent pay­
ment in silver in the event of a silver standard. The
effect on the policy holders, as we have seeD, would be
irjuriousin the extreme. Moreover, from the stand­
point of these policy holders the free-silver proposition
has utterly nothing to recommend it. They can in no

A ugust 8, 1896.]

THE CHRONLCLE.

211

said that Customs daties could not but be small whil&
consumption is so contracted that our own manufac­
turers are in most cases reducing their output and in
many departments stopping work. Tnis, however, is
the period of the year when under ordinary circum­
stances merchants are making provision for the fall trade
and imports are usually large. Hence, the contraction
in imports indicated by the existing situation reflects
truly the State of trade. In the last month, July,,
the duties collected aggregated $12,157,00(1; in Jaly
1895 they were $14,077,000; for the four months in­
TEE TREASURY D E F IC IT AND T E E GOLD cluding April to July they averaged in 1896 only
$11,431,000 against $12,823,000 in 1895. Ia January
HOLDINGS.
The monthly Treasury reports issued the first of they were over 17 million dollars both years, being
August are more than usually interesting. Several $17,375,000 in 1896 and $17,606,000 in 1895. The
changes have occurred in the volume of the Govern­ foregoing facts warrant the conclusions ( l ) that both
ment income in July. A satisfactory one is that al­ branches of the Government revenue are now much
though general business has been very dull and has restricted, and (2) that the productiveness of existing
contracted as the month progressed, the aggregate re­ tax laws might increase materially were business to re­
ceipts from all sources is a trifle larger than in June vive.
But the most striking feature of the exhibits for last
and much larger than in May. The total reaches
(including the National Bank Redemption Fund) $29,- month is the very large excess of outgoes over income
899.000, against $29,108,000 in June and $23,469,000 which the figures show. This is precisely as we antici­
in May. Looking at previous months’ returns we find pated. W riting with reference to the exhibits fo r
the aggregate in Jaly is the largest since January 1896, Jane (July 4 1896, pages 5 and 6), we stated that
when the receipts reached $31,375,000; excepting that July receipts and payments would “ show a very large
total and the total for October 1895, no month’s figures adverse balance.” We further added that “ we should
have equaled the July total since January 1895. It not be in the least' surprised if the total deficit were
should be said, as in some measure an explanation of to reach considerably more than 10 million dollars in
these larger figures, that there is a particnlar class of the single month of July.” That seeim to have been
income which always falls due the last of June, that is an accurate forecast. The total receipts in that month
with the close of the fiscal year. We refer to special (including the National Bank Note Fund) were $29,licensee, all of which eipire on Jane 30th. Probably a 399,000 and the total disbursements made up in the
considerable portion of these are renewed in June. At same way were $42,871,000, showing » deficit of $13,all events the amount paid on that account in July 472,000, or nearly 134 million dollars; stated without
could not have been large, as the total income from the Bank Note Fund, the form in which the Govern­
“ miscellaneous sources” that month is given at only ment figures are made up, the deficit is $$L3,059,000.
$2,569,000. Income from the same “ sources” reached
I f we are not mistaken, that is the largest deficit the
$3,090,000 in June against $734,000 in May.
Treasury has had for considerably over a quarter of a
O f the July receipts the most conspicuous feature is century. The result is easily explained. I a the main
the internal revenue item. It is to the enlargement of the explanation is to be found in the single item o f
that source of income that the increased aggregate for disbursements under the head of “ ordinary." Th at
the month has been mostly due. The total was $14,- item is given for Jaly at $22,277,000, against $13,687,303.000. A further fact of importance is that there is 000 in June and $18,485,000 in July la3t year. T n e
no total for this class of revenue so large as that for fact that “ ordinary” disbursements were large, too, last
July since August 1894, when and for several months Jaly discloses a usual state of the Government finances;
previous the revenue from that source was largely that month is the first month the new appropriation
swollen, as will be remembered, by payments in antici­ bills become operative, and ia almost always conspicuous
pation of the increased whiskey tax, which went into for larger disbursements than the average. This year it
effect August 28 1894. We know no reason that will also covers a special drain— the demand on account
account for the large figures in July 1896, while general of the sugar bounty claims, to meet which must have
business was so contracted, except the change by the called for several million dollars. Besides those items
last Congress in the internal revenue law by making the interest payments are always larger in July and
spirits used in the arts and manufactures subject January than in any other months. About 7| million
to the existing tax imposed on spirits otherwise con­ dollars of interest falls dae in Jaly, but only $6,710,sumed. The total internal revenue from all sources 000 appears to have been called for during the last
in July was, as stated, $14,303,000, which shows an in­ month.
crease of about one million dollars over the Jane total,
Besides these changes in the Government receipts
and is over 3 million dollars larger than the average and disbursements the money holdings of the Treasury
for the previous five months. I f our surmise a3 to the cover important transactions ia July.
Of course the
source of the increase be correct, the exhibit affords an month’s deficit reduces the money in sub-treasuries
encouraging result as to future revenue. Coming and increases the money afloat.
This has b3en one o f
months will determine what value our suggestion has. the movements which have prevented the bank
Certainly it is natural that the productiveness of all reserves from recording the full los3 suffered by gold
internal taxes should be abnormally low so long as gen­ exported and hoarded, and which have helped to keep
eral business is, as now, not only contracted but con­ the rates for call money low. The holdings of cash in
tracting.
sub-treasuries on Jaly 1 were $288,679,727 and on
As to the other large class of revenue, the receipts August 1 the similar total was $279,387,589, showing
are of course at a minimum. It hardly needs to be a loss during July of cash in sub-treasuries of $9,event gain anything from it. They can only lose
through it.
How, then, can they escape the ruinous and disastrous
results which must inevitably follow from the change of
the monetary standard from gold to silver. There is only
one wav, and that i3 by the defeat of the Free-Silver
Party at the polls. I f every one who holds a policy for
himself or for some member of his family will vote to
keep the existing standard inviolate, the result cannot
be doubtful.

212

THE CHRONICLE.

292, 138 ; Government cash in banks during the same
period decreased $870,441, and the amount which went
out of the Treasury and into the hands of disbursing
agents increased 11,111,046, the three items aggregat­
ing U ll,273,625, which represents the loss during July
in the actual cash balance of the Government.
But the most important changes in the cash items
have been in the gold holdings. The transactions
affecting those holdings are fresh in the minds of
our readers, for they have been fully recorded
from week to week during the month in these
pages. We need not repeat the facts here, especially
as we have made a brief resumb in our Q u o t a t i o n
S u p p l e m e n t , issued to-day, of the outflow of gold, of
the influences operating to produce it, and the action
of our banks and bankers to replenish the reserve and
check the exports. I t is sufficient to add that the
month began with the net gold in the Treasury at
$101,699,605, that on July 23 it had been reduced to
$89,669,975 (the lowest figure according to the official
statements), and that on August 1 the net holdings
reported were $110,718,746.
Below we give our usual table of Government cash
holdings ofi the 1st of August and on three previous
monthly dates. These are the figures we have referred
to in the above remarks, except the receipts and dis­
bursements, which will be found in the Commercial
and Miscellaneous News Department:
M a y I, ’98. J u n e 1. '90. J u l y 1. ’96. A u g . 1, >98.
H o ld in o s in S u b -T r e a s u r ie s —
?
$
$
$
N et «old coin and bullion.......... 125,393.900 10S,345,234101,693,605 110.718,716
N et silver coin and bullion........ 23 223,421 28,864,054 36,724,949 38.606,051
Net U. 8. Treasury notes........... 32,148,255 33.304,774 34,465.919 34,394,748
Net legal-tender notes............... 77,401,635 87,688,261 89,389,658 67,730,478
N et national bank notes............ 7,587,158 10,002,335 10,668,620 11,933,422
N et fractional silver................... 15,459,003 15,637.424 15.730.976 16.004,144

Total cash In Sub-Treas’s net,28L,2l3,372 283,842,132 288,679,727 279,387,589
Amount in national banks...... . 26,698,591 20,952,972 16,857,355 15,986,914
C a «h In banks & sub-treas..307.911,963 304,795,104 305,537,082 295,374,503
D ed u ct other liabilities, *net.. 36,821,302 37,601,893 38,104,935 39,216,031
A c t u a l cash balance..........271,090,661 267,193,211 267,482,097 258,158,472
* “ Chiefly disbursing officers’ balances.”

MORTGAGE EQ UITIES AND SURETY
BONDS.
Rather an important legal question was determined
last month by the United States Circuit Court of
Appeals for the Sixth Circuit in a case involving the
Louisville St. Louis & Texas Railroad. The Court
has decided definitely that where sureties go on
appeal bonds for railroad companies before any default
in the interest on the mortgages, those sureties will
not be allowed, after insolvency of the railroad,
to claim payment in preference to the bonds. Mis­
taken ideas had prevailed as to the position of mortgage
equities in such a contingency, based upon an errone­
ous construction of a decision of the United States
Supreme Court in another case, and it is well to have
the point authoritatively settled.
The importance of the decision to mortgage bond­
holders may be judged from the fact that according to
the opinion of a very eminent firm of lawyers, if the
Court had decided the other way it would have been
practicable for a railroad company to prefer floating
debt to mortgages by merely allowing the creditor to
get a judgment, takiDg an appeal and giving bond.
The case was that of William E. Wniteley versus Cen­
tral Trust Company of New York, and it reached the
Circuit Court of Appeals on cross appeals from
the United States Circuit Court for the Dis­
trict of Kentucky. It appears that in 1892 W. E.

[V ol . LXILI.

Whiteley, at the request of the Louisville St.
Louis & Texas Railway
Company, became its
surety upon a supersedeas bond. The company had
been sued in a circuit court of Kentucky in an action
for damages for breach of covenants contained in a
conveyance under which it had acquired a right of way
through the lands of one E. P. Taylor, situated in
Daveiss County, Kentucky. The circuit court ren­
dered judgment against the company for the sum of
$6,406 55, with costs and interest from October 29
1892.
In order to obtain a review of this ju dg­
ment in the Kentucky Court of Appeals an
appeal was prayed and allowed, and a supersedeas
bond executed on which Whiteley became bound
as surety. This judgment was affirmed by the Court
of Appeals in December 1894. The company, pending
the appeal, became insolvent and passed into the con­
trol and management of a receiver appointed by the
United States Circuit Court for the District of K en ­
tucky, under proceedings instituted iu that Court by
general creditors. Subsequently two foreclosure bills
were filed by the Central Trust Company of New
York, as trustee,' under two mortgages covering the
entire road and its equipment, and the former receiv­
ership was extended to these suits.
By reason of this subsequent insolvency, Wniteley, as
surety, was oblige! to pay in discharge of his liability
$8,158 10. He therefore intervened in the foreclosure
suits, claiming that the circumstances were such a3 to
entitle him to payment out of the corpus of the mort­
gaged property in preference to the mortgagees. The
decree of the Circuit Court gave him a priority as to a
large part of his claim, ou the theory that the debt
paid was purchase money for land and therefore
a prior equitable lien. From this decree both Whiteley and the Central Trust Company perfected appeals,
and the case reached the United States Circuit Court
of Appeals ou A pril 22 1896 (coming up before C ir­
cuit Judges T a ft and Lurtou and District Judge
Hammond), and was decided July 8 1896.
Judge
Lurton delivered the opinion of the Court. The case
was argued for the Central Urust Company by Mr.
E. F. Trabue, of Louisville, K y .
Two theories were advanced as furnishing ground
upon which priority of payment should be accorded
the claim of Wniteley. Tae first was that his act as a
surety on the supersedeas bond operated to keep the
property together and to keep the railroad as a going
concern, and that the mortgagees were indirectly bene­
fited and their rights should accordingly be postponed
until after he had been paid.
In arguing this
point counsel for Whiteley laid great stress upon the
decision in the case of Union Trust Company vs.
Morrison, 125 U. S. 591, et seq. Bat Judge Larton
points out that when Whiteley became surety on the
supersedeas bond he did so at the request of an appar­
ently solvent company and presumably as a matter of
accommodation and upon the personal credit of the
comp my. When one becomes a surety under such
circumstances, says Judge Lurton, he is presumed to
have trusted his principal and not the property, and
ia no State is this obvious principle more positively
recognized than in the State of Kentucky. In M orri­
son’s case he did not trust his principal, but took a
chattel mortgage upon four engines.
Moreover, when Morrison stepped in and prevented
a levy upon and sale of the railroad equipment, the
railroad company had been long in default upon the
interest on its mortgage debts. The mortgagees had

AoaCST 8, 1898.]

THE CHRONICLE

an existing right to take possession of the mortgaged
property, or to hare secured the appointment of a
receiver. They had done neither, bat had suffered the
railroad company to continue in the possession and
management of its prooerty. In the present case the
railroad company was not in default as to its interest
and was rightfully and legally in the co nplete control
and management of its property. Tae mortgagees had
no right to interfere with that management and no
right of foreclosure.
Another circumstance that distinguished the present
case from the Morrison case wis that after a receiver
had been appointed for the company in whose behalf
Morrison became surety, the receiver applied to the
Court for permission to protect Morrison and others who
had become sureties under like circumsta ces, by paying
out of current income the debt3 upon which they were
bound. An order was accordingly entered to that
effect, and the mortgagees, though parties, made no
objection. Noauchcircumstances existed in Whiteley’s
case, and altogether Judge Lurton found himself ob­
liged to agree with .Judge Barr in the lower court that
no relief could be accorded Whiteley on the ground
mentioned.
The second theory advanced on behalf of Wniteley
was that the covenants in the deed of conveyance of a
right-of way from Taylor to the railroad company con­
stituted the consideration for the conveyance, and that
the judgment for damages for breach of those covenants
fixed the money value thereof, and although no express
lien was retained, an equitable lien was implied, which
must be discharged in preference to mortgages subse
quently executed with record notice of the existence
of the covenants set out in the title of the company.
This part of the case has not the same general interest
as the other, as epecial facts necessarily control in each
instance. Judge Lurton, however, goes into the mat­
ter at great length. He says the covenants were
undoubtedly the principal consideration for the con­
veyance. Judge Barr had held that part of the
covenants ran with the land, and that only so much
of the judgment as was for damages for breach of that
part of the same constituted a vendor's lien, entitled
to payment out of the corpus of the mortgaged prop­
erty in preference to the mortgages. This did not
suit Whiteley, who wanted the whole judgment placed
on this basis, and it did not suit the Central Trust
Company, which contended that no part of the judg­
ment could come ahead of the mortgages. Hence the
cross appeals by both parties.
A fter citing numerous authorities Judge Lurton
reaches the coaclusion that the covenants were too
indefinite to entitle Whiteley to the relief asked for.
“ The deed itself does not expressly state 'what part of
the consideration remains unpaid.' Prom it a creditor
or purchaser might learn that the consideration con­
sisted in covenants, some of which were per­
petual, while others might last for several genera­
tions. The purpose of the statute was to give
definite notice to creditors and buyers of the
extent to which
the purchase price remained
unpaid.
Tho judgment in Long vs. Burke seems
conclusive. I f a covenant to pay all the debts of
the vendor due on a certsia day was too indefi­
nite to stand as a compliance with this statute, it is
difficult to see how indefinite, continuing covenants,
such as those found in this deed, can be held to be a
definite statement of the part of the consideration
remaining unpaid.”

213

DEBT STATEM ENT J U L Y 31, 1S96.
The following statement of the public debt of the
United States on July 31, 1896, is made up from
official figures issued ou that day. Lower down we
give an interesting exhibit of the bonds is3uel in aid
of the Pacific R lilroads, and the Treasury cash holdings,
all of the same date.
IN T E R E S T -B E A R IN G

Interest
payable.

T itle o f Levin—
4}4.s F u n d ed loan, 1801
C o n tin u ed a t 2 p. c ..Q .—M .
la. F u n d e d lo a n . 1907. .Q .— J.
4s, R e fu n d 's c e r t ifie d . Q — J.
6s. L o a n o f 1904
L— "F.
F.
4s, L o a n o f 1925.......... (,
T o t a l. <
1‘ ac.'
H R B o n d s ............................

DEBT

A m ount

issu**t.
$
‘250.0u0.000
740.699.100
40,012,750
1 0 n.oo 0 .ooo
102,315,400

JU L7

31.

!8 8 «.

-----------.1 m ount outstanding. ----------

Registered.

Coupon.

lo ta L

490,842,050
................
59,124.850
90.740,900

$
25,304,500
09 295,100 559.037,750
...............
40600
40,>75.15O 100.000.000
71,574.500 102.315.4C0

1,293,227.250 605,372,900

181.744.750 847,304,250

I/' >0

D S B T O N W H I C H I N T E R E S T H A S C E A S E D S IN C E M A T U R I T Y .

June 30.
F u n d e d I^oan o f 1891. m a tu re d S e p te m b e r 2 .1 8 9 1 ..
O ld d e b t m a tu re d p n o r an d su b seq u en t t o J an . l . ’O L

$S89,150 00
1.247,740 20

D e b t o n w h ic h in te r e s t hae c e a s e d ......................... $1,636,890 20

J u ly 3 L
9388,160 00
1,245,490 20
11,633.040 20

D E B T’ B E A R IN G N O IN T E R E S T .
U n ite d S ta tes n o t e * ........................................................................................ $340,681,010 00
O ld d em a n d n o te s ...........................................................................................
54.347 50
N a tio n a l B an k n o t e * —R e d e m p tio n a c c o u n t ..................
1P.08S.546
50
F ra c tio n a l c u rre n c y ............. .............................................. $15,207,118 14
L e w a m o u n t e s tim a te d os lo s t o r d e s t r o y e d .............. 8.375,934 00
--------------------6,891,184 14
A g g r e g a t e o f d e b t b e a rin g n o m e r e s t ...................

....$373,315,094 14

R E C A P IT U L A T IO N .

J u ly 31,

June 30,
1890.

Increase or
Decrease,

D o b M u t i r i i t i: osmul..........
1 .0 3 3 .0 4 0 20
D eb t b ea rin g n o I n t e r e s t ... 373.3l5.v94 14

Intcrest-bAuing debt...... 047,361.250 00

847.303.800 00
1,630.800 20
373,728,670 14

In c. 360 OO
D ec. 3,250 00
Doc-.413.470 00

T o t a l g r o w d e b t ............1.228.312.984 40
Cash b a la n c e m T r e a s u r y .. 250,158,472 40

1,222,7 *20.350 10
267,432,000 70

D ec.4 lo.3 ro 00
D e c .i 1,273,024 30

956,297.253 70

In c . 10,857.258 30

1800.

ClassitealUm o f Debt

T o t a l n e t d e b t.................

The

$

9

900,154,512 CO

fo r e g o in g fig u re s

s h o w a g ro ss

$

d e b t o n J u l y 81, 1890

( i n t e r e s t - b e a r i n g a n d n o n i n t e r e s t - b e a r i n g ) , o f $1,22 2 ,3 1 2 ,9 8 4 4 0 ,
and

a

net d e b t

(g r o s s d e b t

le s s n e t c a s h in

th e T r e a s u r y ) o f

$900,154,512 00.

Pacific R a i l r o a d b o n d s a r e n e v e r i n c l u d e d i n t h e official
total o f t h e G o v e r n m e n t d e b t . T h e s t a t u s o f t h e s e o b l i g a t i o n s
to-day is as f o l l o w s .
M e th o d s o f b o o k -k e e p in g m a k e th e
official r e c o r d u n i n t e l l i g i b l e t o m o s t r e a d e r s , a n d h e n c e w e
have b r o u g h t t o g e t h e r in o u r c o m p i l a t i o n t h e l e a d i n g f a c t a
relating t o t h e s u b j e c t .
BONDS

Sam s
o f RaUmas.

IS S U E D I N
A ID O K P A C IF IC R A IL R O A D S .
r-H oii/f* issued and— ----- BontU paid, or tints o f m a tu rity . ------ s

accumulated h it.
P rin c ip a l. Interest,

ft
$
C on trol Pacific.... 2 6 3 » .120 35.060.276
K « a w P a c ific ... rt.3 U3 .0uo 6.500,553
U n ion P ortflc.
.27.2W .M 2 8»,2<6.90!l
( ’mat. Br. 17. P . . . 1,000.000 2,132.723
W e s te rn P a c ific .. 1,970.500 3.195.9 1 u
9 9 m * C ity ft P o r . 1.02M 90 2,487.718

Al*muly Due Jan. Due Jan. Due Jan.
paid.
1,1897.
1 , 1HDK.
1, 1890.
m 4 , 000 2.112,000 10,614,1*0
2.080.000 2,800.000 1,422.000
4.330.000 3.840,000 15,019,512
640.060
040.000
320,000
............
JKO.OOO
............
..............................
1,028,320

9,107,000
............
3,167,000
..........
1,650.60$
............

T o t a l ................. 04,023,512 79,021,092 11.002,000 9.712,000 2 9 .0 0 4 ,0 5 2 14,004,500

T h e earth h o M in ^ t* o f t h e G o v e r n m e n t a s t h e it e m s s t o o d
J u l y 81
we
tak e fro m
th e T r e a s u r y sta te m e n t o f t h a t
d ate.
T h e net c a s h h i l a n c e g i v e n b e l o w is t h e s a m e a s d e ­
d u c t e d a b o v e in r e a c h i n g t h e net d e b t .
C A S H IN T H E T R E A S U R Y .
G o l d - C o i n ..........................
9110.371.f83 51
B ar*
040.041 22-9150.012.224
S ilv e r —O o l U n ................................................................ 3 7 9 .8 5 2 ,2 4 4 00
S u bsidiary c o in .........................................................
10.004.144 53
„ B a m . ...................................................................... .
118.763 758 4 2 - 514,610,146
P a p e r - U n it e d S t a t e * n o te s ....................................... 1 09,270.478 t o
T ro o a u ry n o te * o f 1890..............................................
34,391.748 00
G o ld c e r t io r a t e * ......................
1.301.710 00
9 1 n | « P t a i « ...................
12.876.883
i
12.876.833 00
C e rtific a te * o f detKM it ( A c t Ju n e 8 . 1872)
010,000*M
N a tio n a l bank n o te *.
............................................
lL9.i3.421 7 9 - 100.978,190
O f w r B a u d *, tm e re a t a n d c o u p o n * paid, a w a it­
in g re im b u rs e m e n t....................................................
llR M p fli
M io o r c o in an d fr a c tio n a l cu r r n w r . .
..............
I,10u,ft7l 99
D o post ta to n a t 'I ban k d e p o * l t a r t e » - g c n ’l a cct..
12,674,041 55
D isbu rsin g o ffic e r * ’ b a la n c e s .....................................
3,311,972 » 2 17,203.184
A g g re g a te .

Gold certificate- .
8*Ivor
_
. . . certificates
„

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

73
96

70

90

1861.868.747 87

DEMAND LIABILITIES.
.....................

C e r tific a te * o f dd ei*o*it actJ u n e 8 ,1 8 7 2 ..................
T r e a s u r y n o te * o f WOO.................................................
F u n d fo r r e d e w p . o f BPW r m i i n o i l ban k n o te s
O u tsta n d in g c h e c k s a n d d r a ft * ........................ ...
. m . ^ r 4’ b a la n c e * .....................................
A g e n e y nemmin te, A c .................................................
G o ld r e s e r v e .................................... tlW .OO'VX'O 00
N e t cash b a la n c e .............................. 154.UH.i72 40

940.C87.189 00
f c f t . O t M * 00
42.i&o,ooo 00
138,848.280 n o - 1555.212.078 00
8,u»9.647 28
3.4117,673 I m
2 l.i>- . 1
.
4,5V5.rti7 98 40,492,301 97
........................25d.158.472 40

A g g r e g a t e ........................................ ............... ...................................... | fM .r 8 L L 7 4 7 3 7
N e t cash b a la n ce In t h e T r e a s u r y J u n e :w, lKOfi.. .......................... 1367.432,000 70
N o t '-ash b a la n ce in th e T r e a s u r y J u ly 81, 1*90.................................. 366,158,472 40
D ec re a s e d u rin g ♦ h e m o n th ....... ....................................................... 911.273,024 30

Clearing* by Telegraph.—Sales of Stocks, Bonds, <ke,-r
Stock Exchange Clearln<-ilun->o Trail-actions.—The sub­
joined statement, covering tho Clearings for the c u r r d week,
usually appears on the first page o f the C h ro nicle , but
on account o f 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 CHRONICLE.

214

the corresponding week of 1895 there is an increase in the
aggregate of 2'0 per cent. So far as the individual cities are
concerned New York exhibits an increase of 2-7 per cent,
and the gains at other points are: Baltimore 1 per cent, St.
Louis 3’1 per cent and New Orleans 4-4 per cent. Chicago
records a decrease of 3*0 per cent, Boston 6'2 per cent and
Philadelphia 7'9 per cent.
Week E nding August 8.

O L11.R IN O S.

Returns by Telegraph.

P e r Cent.

1895.

1890.
$418,891,658
68,213,645
45,019,993
10,943,035
60,015,470

4 -2 7
-6 -2
-7 9
+ 1 -0
-2 0

$ 4 0 7,720,350
72,728,876
4 8 ,878,300
10,330,369

19,888,520
5,694,370

07,972,507
19,282,825
5,454,575

$645,267,191
123,984,629

$ 0 3 2,873,802
120,102,461

+2 0

T e t a l a ll c it ie s , 5 d a y s . . . .

$ 7 0 9,251,820
148,479,208

$752,976,263
140,384,315

+ 2 -2
+ 1 -4

T o t a l a l l o lt le s f o r w e e k . .

$917,731,088

$399,300,578

+2 0

N ew

O r le a n s ......................... .

O .R e r o u t e s , 5 d a y s ..................

+ 3 -1
+*•*
+32

Another table, our usual monthly detailed statement of
transactions on the various N ew York Exchanges, has also
been crowded off of the first page. The results for the seven
months of the current year are, however, given below and
fo r purposes of comparison the figures for the correspond­
in g period of 1895 are also presented.
Seven Months, 1895.

Seven Months, 1890.
D escription.

P a r Value
or Quantity

Actual
Value*

Aver'gc P a r Value
Price. or Q uantity

A ctu a l
Value.

( Average
• P rice.

37,245,774
31.110,202
j 1903007143 60-0 j *3.000,495456 }2077129012 57*7
1 . “ : 1287? 504 ?J>3
*291,989.070 *201,073,170 69-0
R E . bcmds.. *213,0w7.67O *154,198,895 72-2
*5,501,060
*0,395,488 115-0
G o v ’ t bonds *20,095,750 *23,9-.5.0 lu 110-9
*870.335 54-3
*1,048,070 37*0
*4,454,000
*1,013,000
S ta te bonds
*333,260
*040,822 171*0
*550,2?1 108-9
*374,800
B a n k stock s
T o t a l . . . . *3118945878 *2,033338285 06'9
24,499.700 $872,138,820 *37-11
O o tto n ..b ls .
G r a in , bush. 633,900,215 *4X7.009.891 05fcc.

*3,903,834041 *2,287402027 58-0
21,428,100 *890,742.185 *32-52
1,839,212,091 *9u9,114,359 00 2-5c.

I'lSSISSAflOStl

T o t a l va lu e .

*3,893258571

The transactions of the Stock Exchange Clearing-House
from July 27, down to and including Friday, Aug. 7, also
the aggregates for January to July, inclusive, in 1890 and
1895 are given in tabular form below.
STOCK EXCHANGE CLEARING HOUSE TRANSACTIONS.
— Shares, both sides.— , ,-------- Balances, one side------- , Sheets
Cleared. Total Value.
Shares. V alue Shares. Cash. Cleared.
$
1S95$
$
1.091.000
Januarv.. . 13,593,600
890.200.000
63.700.000 1.483.100
0,434
762.100.000
55,000,000 1,133,500
997,500
February. . 12,030.000
6,615
1.493.000
85.400.000 1,920,400
March — . 19,057,700 1,207,500,090
0,540
1,710,500
A p r il..... . 15.799.200 1.004.800.000
94.500.000 1,399,300
6,434
3.151.900 102.900.000 2,157,200
7,391
M a i ....... . 28,220,100 1.003.400.000
2,070.100 114.500.000 1,544,000
June..... .. 17,365,000 1.101.200.000
6,402
2.345.900 132,400,500 2.101.100
J u ly....... . 22,270,400 1,457,975,000
0,939
7 mos...,.
1 S 9 «January.. .
February .
lC&rch.... .
4.prU----May....... .
June., ... .
July...... .

128.337,100 8.033,175,000 12,860,500
937,700,090
1,008,000,000
1,060.600,000
984.900.000
750.800.000
1.132.400.000
1.393.500.000

1,014,200
1.905.500
1.031.500
1.089.100
1,122,000
1.594.100
1,908,000

7 mos..., 110,580,100 7,308,000,000

12,460.000

15.293,500
17,004,900
16,675,000
14,642,200
10,291,000
15,189,000
2t,168,300

71)8,400,500 11,745,200
88.400.000
100.300.000
91.000.
99.000.
09.100.000
95.900.000
107.500.000

45.055

1,445,000
1,364,400
000
1,452,800
000
1,233,300
923,800
1,325,500
1,806,200

6,876
0,201
6,811
6,463
5 732
6,307
6.990

057,800.000 9.011,000

45,511

,— Shares, both sides.— .
Cleared. Total VaJae.
$
J u ly 27. .1,005,500 66,800,000
“ 28. . 495,200 36.200.000
" 29. . 899,200 59.600.000
41 30. . 905,700 60.100.000
“ 31. . 643,200 44,000,000

--------Balances, one s ide.------- , Sheets
Shares. V a lu e Shares. Cash. Cleared
$
$
86,200 5,000,000 81,800
321
47.600 3.300.000
41,309
265
70,100 4.100.000 102,900
303
67.600 4.300.000 83,100
299
51.600 3.300.000 69,200
285

T o t. w k. .3,948,800 266,700,000
W klastyr5,157,200 312,500,000

323,100 20,000,000 378,300
550,100 32,400,000 519,700

A u g . 3. . 906,100 67.300.000
. 443,100 32.900.000
“
5.' . 860,200 59,000,000
6 .. 560,903 37,500,0)0
«
7. .1,019,800 61.700.000
T o t . w k ..3,790,100 258,400,000
Wklaetyr3,639,800 261,600,000

66.300
37,000
58.300
48.300
84,700

4.300.000
2.400.000
3.800.000
2.800.000
4,200,000

1,473
1,636

52,000
41,400
78,200
30,500
88,100

298
265
297
278
309

294,600 17,500,000 290,200
377,500 22,800,000 352,800

1,417
1,501

The stocks cleared now are American Cotton Oil common
American Sugar common, American Tobacco common, Atch ’
ison, Central of N. J., Chesapeake & Ohio, Chicago Burlington
<fc Quincy, Chicago Has, Chicago Milwaukee & St. Paul com
mon, Chicago & North Western common, Chicago Rock Island
& Pacific, Delaware & Hudson, Delaware Lackawanna &
Western, Distilling & Cattle Feeding, General Electric, Lake
Shore & Michigan Southern, Louisville & Nashville, Manhat­
tan, Missouri Kansas & Texas preferred, Missouri Pacific, New
York Central, New York Lake Erie & Western, New York &
New England, New York Ontario & Western, New York Sus­
quehanna & Western preferred, Northern Pacific preferred
National Lead common, Philadelphia & Reading, Southern
Railway common and preferred, Tennessee Coal & Iron, Texas
& Pacific, Union Pacific, United States Leather common and
preferred, United States Rubber common, Wabash common
and preferred, Western Union and Wheeling & Lake Erie
common.

[Vol. Lxm

[Prom our own correspondent. 1
L ondon , S a t u r d a y , July 25, 1896.
The chief influence upon the markets here this week has
undoubtedly been the impression made by the extraordinary
strength of the Silver Party. People here are of course unable
to form any very good opinion as to the probable results of
the election, but that so very large a proportion o f the American
people as was represented at the Chicago Convention should
have adopted the resolutions there agreed to has made a pro­
found impression. A certain number of professional opera­
tors, among whom, it was said, were some who had made
large fortunes in South Africa, had bought on a considerable
scale for some littie time before, and especially under the im ­
pression that Mr. M cKinley would be elected. The fall that
has occurred since the Chicago Convention has inflicted heavy
losses, and so has added to the extrem e dulness that has ruled
here for some time past.
The weather, too, has been exceptionally hot, and large
numbers of people in consequence are absent from the city.
The condition of Crete, the anarchy throughout Turkey, the
movements in the Balkan Peninsula, the discussions about
the maintenance of the Triple Alliance and the resistance
offered by the Matabeles have all combined to deter people
from entering into further risks. The market in consequence
has been exceedingly dull. Rarely has there been a week of
so little business, taking the whole Stock Exchange together.
The railway dividends announced so far are very good ;
some of them surpass the expectations o f the most sanguine.
The traffic returns are most favorable. The state of trade is
decidedly enoouraging. In spite of all, however, the market
for British railway stocks is inactive. The public is holding
completely aloof from the American market, unable to judge
what w ill be the outcome of the elections, and the inter­
national department is likewise neglected.
Oa Wednesday a million sterling of the money held in the
Bank of England to the account of the Japanese Government
was paid out, and increased so largely the supply in the open
market that bankers have since found it difficult to lend on
almost any terms. Although trade has been steadily im prov­
ing for nearly two years, the trade demand for banking ac commodation is small. As said above, there is hardly any
speculation going on, and there are no great foreign loans;
consequently, the demand is unusually small while the sup­
ply is exceptionally great, and in all reasonable probability
rates w ill continue exceedingly low for the rest of the year.
It is true that a Russian loan for 100 million roubles, or near­
ly 16 millions sterling, is about to be brought out in France,
Germany, Holland and Belgium by the Messrs. Rothschild,
and it is expected that gold w ill be withdrawn from London
for the purpose of floating this loan ; but the loan w ill not b e
offered in London, and it is not likely that many applications
will be sent from this country.
The gold taken w ill therefore be by the large French banks,
who always bold a very considerable amount of sterling bills.
But the amount so taken w ill not ba sufficient to affect the
money market for any length of time, and after a while most
of the money w ill come back again. On the other hand,
mining in the Transvaal is being actively pushed forward;
railway rates have been reduced; coal is decidedly cheaper,
and labor is so plentiful that many of the great employers
are reducing wages. I t is consequently expected that the
out-turn for the month of July w ill be the largest in the his­
tory o f the Randt, and that for the second half of the year
the exports of gold to London w ill be far iu exoiss of any­
thing yet seen. Gold, too, is coming in large amounts from
Australia.
Several of the Australian banks have so far recovered as to
be able to pay off considerable amounts of the fixed deposits,
and it is said that the insurance companies are w ithdraw ­
ing money from Australia, which cannot be profitably em­
ployed there. The result of all the movements is likely to be
a continued plethora in London for a long time to come.
The silver market is steady, and the India Council con­
tinues to sell its drafts very well. The 3 per cent rupee loan
for 4 crores offered in Calcutta this week has been taken
at an average price of somewhat over 103. It is the first 3 per
cent loan ever brought out by the Indian Government. A n ­
other notable incident in connection with Ia d ii is the offer
this week of 200,000 shares, of £10 each, in the Burmah RvJ

THE

A u g u s t 8, 1896.]

CHKONICLE

Co. by the Messrs. Rothschild,
The company has been
formed to acquire the existing Burmah lines for the State,
and to complete the system of railroads in Burmah.
The rates fo r money have been as fo llo w s :

215

E n g lis h

F in a n c ia l

L ondon.
Interest allow ed
to r deposit* b y

Open M arket Rate*.

i
London.

3

-*

Jane W «
32
“
10 2
*• 17 t
24 2

July

Trade B id *.
o a e ’e H 'u
J o in t
At 7toU
F
o
u
r
S
ix
Stock
Three
Three
Four
S ir
M o n th * ' Months M onth* M ontht Months 1M onth* Bank*. Call. Day*.
Bonk

Bill*.

k-13-ts 54-13-16 54-13-1# 1V8U4 Xk®H*11)4*144
1 j 144
0-10
0-16 11-10
H
k ilV I W v U *
44181
H
H
0-18
H
%
U-18-41
14*»U4;
1'4*1>4
1
1 ! 1)4
H
H
1 11-18
44

H

44
44
44
44

44'

44

*

*

44
44

44
44
44

H

The Bank rate o f disoount and open market rates at the
ohief Continental cities have been as follows:
J u l y 24.

Rate* o f
Interest at

P a rt* .................
B e r l i n - ..............
H a m b u rg......
F r e a k fo r t .........
A m a te r-la m ....

Brussel*-----...
V ie n n a ..............
S t. P e te rs b u rg .
M a d r id .............
O o p e n h a g e n ..

Bank
Rate.

Open
Market

Bank
Rate.

3
3

m
244

8
3
3
3
3

3
3
3
3
4

244

2*
2*4

3
S44
e
6
8*4

Open
Market

Rank

Open

Rank

R a te.

Market

R a te.

open
Market

ik

8
3

244

8
3
3
3
3
3

IH

244
244
244
24t

a

I
4

J u ly 3.

J u l y 10.

J u l y 17.

*44
2)4

2*4
244

8

4

8k
6
5

3k
6

ik

3
8
8

244
244

3
4

2

244

M a r k e t * —P e r

C a b le .

The daily closing quotations fo r securities, &c., at London
are reported by cable as follows for the week ending Aug. 7:
S a t.

M on.

Tre e l.

Tues.

S ilver, p e r ou n ce...... d. 31%
31%
1135,8
Consols., new. 23ip.uts. U 3 7 ie
F o r a c c o u n t............... n s * , *
113%
F r ’ch rentes (in Paris) fr. 10 1-6 0 101-70 01-97%
Ateh- Top. A- Santa F e . 1 1 %
:
n
C anadian P a c ific .......... 58 k
59k
Chesapeake & O hio...... 1 3 k
13k
Chic. M tlw . A- St. Paul. 70 k
67 k
42 k
D e n v . A R io G r., p r e f..
42k
:
E r i e , c o m m o n ..................
13 k
13k
28
1 st p r e fe r r e d ............. 28%
I l l i n o i s C eu tra l.............
92%
93k
L a k e S h o r e ................... 145%
147,k
15k
L o u i s v i l l e & N a s h ville .
44
07
M exlea n C en tral, -ts .. 67 k
M o . K a n . & T e x ., c o m . . 1 0 k
10
N . Y . C en t'l A Hudson. 94
93 k
*
N . Y . O n t a r i o *fc W e a t ’ n 13%
12 k
10 %
N o r f o l k A W e*t n, pref.
10 k
a
N o r t h e r n Pa cific, p re f
12 k
12 k
51k
P e n n s y l v a n i a ...................
51k
F h i l a . A R ead., per *U..
5%
5k
S o u t h 'n R iillw a y, c o m . .
7k
7k
21%
P r e f e r r e d ........................
21
U n io n P a c i f i c ....................
0
8k
W aba»h, p r e f e r r e d ........ 1*1
14

F r i.

T h u rs.

31%
113%
1135lfi
02-07%
n%
58k
13 k
68 k
41%
13 k
23
92
143 k
44%
07
10 %
93
12k
10 %
12
51%
5%
7k
20%
5%
13k

31 6i«
31kB
113%
t l3 1 , 8
113%* 1 1 3 k
102-25 0 2 2 7 k
10 k
9%
58
57k
T2 k
12%
67
63%
40%
39%
12%
12 %
26
25
*8
89%
14:%
141%
4 X
40%
66%
06
10
9k
92
91
12 %
12k
10 %
11%
11
Ilk
5 lk
51k
4%
5k
7
7
19%
19%
5%
5k
13%
13k

(CommcvciatantIBtiscclUtncous JlLctus

3k
0
6
3*

u o v E R y n E K T R e v e n u e a n d E x p e n d i t u r e s . — 'Through t h e
courtesy of the Secretary of the Treasury, we are enabled t o
place before our readers to-day the details of Government
sk
344
3)4
receipts and disbursements for the month of July. F rom
Measrs. P ixley & Abell write as follows under date of previous returns we obtain the figures for previous months,
July 23:
and in that manner complete the statement for the seven
Gold.—Tbe Bank ha* received £77,000 from Australia. There ha* months o f the calendar years 1898 and 1895.
844
5
*44

844
&

«44
6
5k

6
344

844
5

been good buying for the Continent at 77*. lOd. for delivery thl* week,
bat the pi toe for nextwoek 1* not better than 77* 9 V I Arrive!*:
South Africa, £ 1 0 3 ,0 0 0 -. An.lrniU, £119,500; We*t I nil lee, £107,000;
Weet Africa, £5.000. Shipment*: Bombay. £15,000.
Sliver.—There li»* been a very large bnetne**, with India baying at
31 kd., but Sew Turk ha* told freely, and the tendency U downward.
Arrival*: Sew York, £251,000; W o t Indie*, £30,000. Shipment*:
Bombay, £13.000; Calcutta. £2,500.
Mexican Dollar* —Tbe*e eotn are Heady at 30V I. Arrival*: Sew
York, £2,000. Shipment*: Hong Kong, £20,000.

The quotations for bullion are reported as follows:
GOLIl
L on d on S tand anl.
B ar gold, fin e ....o x .
B ar gold, partin g.or.
Spanish, o ld _____ or
N e w .................. ox.
V . 8. gold eoln. ..ox.
G erm n gold coin.or.
French gold coin.or.

J u ly

J u ly

23.

16.

SfLVKK.
L on d u n Standard.

r s c e ip t s

23.

«. d. ') *. d.
1 d.
77 9 k 77 9 k B ar .liv e r , fine. .or. 3 1 k
77 10 ,77 10
B ar .liv e r , contain- 3 1 k
76 0 76 0
; m g 5 g r*. g o ld ..o x
78 2 70 2
C ake . f i v e r .........ox. 34
76 4 76 4
Mexican d o llar*.ox . 3 0 k
76 3 k 7 6 3 k
70 3 k 76 3 k

J\Uy

19

•

31k*
91**14

•

Jaa-----

n jm

r « b ....

13.906
13.344
1L266
1 0 .a v i

law.
Circulation ...................... .
Public depoetta............... .
Other 4epo.ll*.....................
GovernmentMearlUe* .........
Other McertUee...................
Reearve of notee and a An......
Cola A batUoo. both departm'U
Prop, reearve to llahtmte... p. a
Bank rat* ............ .par cent
Cotuoia. 2k par cant............
Stlrer.............. ..................
Clearing lloaeo retamg ......

87.890.910
7.66034*
55.711.141
W.SWW.Wl
f8.ara.4i7
•7.735.433
49*26©.*43
59 7.13
f
US 7.13
81*4*1.
142.734,000

1396.

1094.

July 24.
t

July 85.

la iy - ..

14,303

«0

7 n o*.

*0.360

0 *0

1894-95.
66,916.176
22,902,634
13.400,297
2.054,369
3,893.832
23,832.564
17,390,570

1893-94.
59,171.898
28,268,055
11.967,274
2,111,739
4,722.157
33.140,706
17,138,993

1892-93.
57,206,491
15.062,656
12.315,539
1,984,303
3,590.027
28.580,520
18,293,670

Supplies available for consumption (exclusive of stocks on
September 1):
__
1895 96.
1894-95
1893-94.
1892-93.
Wheat Imported, owt.60.916.610 66.946.176 58,171,899 57,206,491
Import* ol flo u r......17,679.500 17,390,570 17.158,993 18,293,679
Bale* of home-grown..1 3 ,8 5 8 ,1 5 6 19,413.230 19,444,416 24,215,788

S.H53 13.J74 191.513

•

9
•
»
U o o 1 1,075 80.808

»
17.006
13,335
14,930
18,60©
12.47ft
18,130
1A077

10,751
ii# n

383

12308

10 2

97,188

74.806 3.67* 11,622 196.661

8,117
8 .000

0.066
1 1 .0 1 0

1396
F «-

nary.

213
6L4
766
414

e#3 93,101
C8 C 96,086
2.467 26,H IS
2,04.1 8 6 ,6 8 6
1.074 25.99S
2.004 20,261

1386.

S.B k .
Red'p Total.

fa -

tion*. ter ml Fuad

Jaa----

16, *340

ri
0.0*T7

to ....

18.164
14^98
lA 7 *e
1 2 j*ori

18317
11.710
10.078
19,00*

•

•
a.aoH

t
1. U 8
1,106
918

Ordi-

nary.

•

1

33,494
87.862
2* . 186
80.6H<

P itta .

Jooble ea g le s ..........
Eagle....................

115,910

Staff e a g le ..............
Three d o lla r ...........

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

&

17.381
11,796
13.848
1&.4H4
13.006
11.181
18.486

S.B k*
Pen In - HM'p to ta l
•ion*. tereet. Fund.
i
10,064

f
7.08H

1*380

1.621
960
5,520
1,751
298
7308

1

1.414
1.850
1.270

i
36.087
27.055
27.007
34.080
20.837
22.019
30,688

1895.
3,320.000
161,000
044,000

•
2,918,200

Pieces.

Value.

9
1,237,230 24,714,000
26,278
202,780
83,936
419,180
5,985

r r . ^ ie : ........

14,712

Total g o l d . . . ........

1*5,910

2,918,200

1,353*229 25,441,272

1,062,000
60,000

1,062,000
30,000

8,.562,412
1,159*315
2,950,412
690*412

8,562,412
579,058
737,002
69,041

T otal s ilv e r ..........

1,122,000

1,092,000

13,362,551

9,940,714

F ive c e n t*...............
9ne cen t..................

248.000
800.000

12,400
8,600

5.281.412
23,211,572

20 4,070
232,116-

28,492,984

496,180

Total m in o r..........

1,108,000

21,000

T otal co in a g e......

2.375.910

4,031,200

C hanges

in

L

egal

T enders

and

N

43*208,764 35,880,172

a t io n a l

Bank N

o tes t o

1.—The Comptroller of the Currency has furnished
us the following, showing the amounts o f national bank
notes July 1, together with the amounts outstanding
1894.
August 1, and the increase or decrease during the month t
8,816.000
295.000 also the changes in legal tenders held for the redemption o f
515.000 bank notes up to August 1.

The follow ing shows the quantities o f wheat, flour and
maize afloat to the United Kingdom :
/xx»f 1ere*.
1,630.000
185.000
705,000

Value.

Standard d o llar*___
H a lf d o lla r*.............
Quarter d o lla rs.......
B illies.......................

Total.................. 93,454,266 103.749,976 94,775,307 99,715.958
1895 96.
1894-95.
1803-94.
1*92-93.
Aver, price wheat, week.24*. 2d.
25*. Od.
24*. 5d26*. 8d.
Average price, season . .25*. Id.
20*. lid .
25*. 7d.
26*. 9d.

TKU week.

8.0-3
7.14
8 .000

H M S. M 4w ’ l T o ta l.
Rsv’u t Fund. Brce*

1693.
March..
678
11.083
J u ly 20.
April.,.
6.141
6HI
11.086
1,000
£
£
8,88.9 M U 30.542
1 2 .0 0 2
Mm —
1,270
W1244.*6 as.ai3.690
J
a
n
a
,.
ta
.e
s
:
458
96.661
1
,
1
1
0
10,904
I 1 .NM
1 .2 2 ©
5.600.015
o.iUH.atu
4,690.07ft
783 42871
19,765
074
41,593.90a 93.120,607 34.M6.aoa 7 a i t . . . . 28.877 13.101 6,710
14,191,370 ia.o7o.ow 13,507.044 7 a 3 f . 166,066 81.877 36*064 6336 31*102 103.061 *1,004 23.740 8.620 216,8 6
8S.420.335 19,996.525 84.9-‘.'j,663
824.516.487 20,660.30*. 19.179.646
C o i n a g e b y U n i t e d S t a t e s M i n t s .— The follow ing state­
37JW1.372 36.064.055 89.677,671 ment, kindly furnished us by the Director of the Mint, shows
50
4B5-16
omi
the coinage at the Mints of the United States during the month
8
8
2k
of July and for the seven months of 1896.
100 15-10
10144
v -M
30 5-184.
2 ^1.
*2Vh
Ju ly.
Seven M onth* 1806.
125.360,000
88,000 9U.76o.000
D#>U«b4lfM4(4G»l

IM P O R T *.

*,hr»t .............q r*.1,527,000
FTonr, equal to qr*. 228.000
**•14*. ................... 670,000

1 .1 0 1

>
81,375
87.051
86,3*2
84.780
83.460
*0.108!
89.390

OtM-

tonu.

D tS B D M iw R im i (0 0 0 * o m it t e d . 1

3 u »„

The_ follow ing shows the imports o f cereal products into
the United Kingdom during the forty-six weeks of the
season compared with previous seasons:"
.
1895-96.
Import* of wheat,ewt.60,916.610
Barley..................... 20,123,142
Oat*.........................12,404,280
Pea*......................... 2,287,380
Bean*...................... 2,925,476
Indian corn....... ...... 38,002,770
F lou r...................... 17,679,500

»
8.301
1.346

0 02

ISJOU

3 3 i*„

The follow ing return shows the position o f the Bank o f
England, the Bank rate o f disoount, the price o f consols, & c .,
compared with the last three years :

»
4X3

11.364
18.167

A p ril..

Ord4-

July t2.
£

11.176
10.807
11.536
I I J 02
n .550

841
178
*3 i
1.314

E ar .. .
Inna

1895

S .B k .
Inter'. Hedp. M U e'l Total.
Rev'u* f v : !• B re t*

CWto in i.

March.

J u ly

(000a om itted).

ISM.

A

ugust

THE CHRONICLE.

216
N a t io n a l B a n k S o le s —
A m ount outstanding Ju ly 1,1896..
A m ount Issued daring Ju ly..............
A m ount retired during J u ly ............

E X P O R T S A N D IM P O R T S O F S P E C IE A T N E W Y O R K .

*225,912,960
$934,160
904,665

E x p o rts.

29,495

L e g a l T en d er N o tes —
A m ou nt on deposit to redeem national bank
notes July 1,1896........................................
A m ount deposited during J u ly................... .
A in 't reissued and bank notes retired in Ju ly

*20,374,031
$369,585
904,665

Am ount on deposit to redeem national
bank notes A ug. 1, 1096.......... - -----

535,080

W eek.

1

A pr

. 1.

S
801,885
4,751,589

M ay

1.

$
713,695
4,665,108

June

1.

J u ly

*
678,722
4,672 068

1.

Aug.

*
829,717
4,989,193

1.

T o ta l...... 21,504,800 20,698,106 19,984,509 20,374,031 19,838,951
* A c t o f June 20. 1874, and J illy 12,1882.

XT. S . B o n d s H e l d J u l y

W&

UAt

m T o ta l.......... ..............

31,1896.

P u b lic D e p o s its

Jl a n k

in B ank s.

C ir c u la tio n .

$9,831,000
13,067,850
151,774,450
32,630,050
22,241,100

$880,000
1.535.000
12,195,000
1,? 85,000
1.033.000

Currenoy 6s, Pao. R R .. .
5 p e r of nta, 1894 .........
4 p e r ots., funded 1907..
4 p e rcen ts , 1895...........
2 p e r c t e . funded 1891..

$16,928,000

$11,132,466
2,164,948
207,290
4,573,142
211,676
564,953

9
121,571
87
70

59,781

$117,000 $50,890,792
1,538,400 38,167,815
3,102,397 82,168,662

$121,737 *18,914,256
141,603 21,691,973
62,057 10,851,785

E x p orts.

Im p o rts .

S in c e J a n .

W eek.

1.

G rea t B r it a in ........
F ra n c e .....................
G erm a n y.................
W est In d ie s ............
M e x ic o .....................
South A m e r ic a ____
A l l oth er countries.

*1,191,850 *26,572,711
3,029,626
11,360
377,838

T o ta l 1896........
T o ta l 1895........
T o ta l 1894........

$1,191,850 $30,095,298
876,880 21,266,769
592,04a 20,374,065

W eek.

S in c e J a n .

1

397
25,207

7,487
6,176
4,646
119,814
587,884
774,974
48,472

*25,604
15,533
94,681

*1,549,453
1,111,281
1,040,564

103,278
485

Of the above imports for the week in 1896 $6,420 were
American gold coin and $34 American silver coin.
C ity R a ilro a d Securities—Brokers’ Quotations.

B onds H eld b y N a t io n a l B anks .—T he following interest
ing statement, furnished by the Comptroller of the Currency,
ghows the amount of each class of bonds held against national
bank circulation and to secure public moneys in national bank
depositaries on July 31.

D e s c r ip tio n o f B o n d s .

S in c e J a n . 1

W eek

S ilv e r .

$
765,500
5.188,102

In solv'n tb ks.
L lq u id ’g bks.
B ed ’o’g under
not o f 1874* 15,951,326 15,319,303 14,633,719 14,555,121 13.885,349

1.

*12,089,260
117',000
8,357,541
26,992,066
588.596
62
2,823,267
40,000

T o ta l 1896.,
T o ta l 1895..
T o ta l 1894..

* Circulation o f N ation al G old Banks, not Included in above, *87,587.

S in c e J a n .

$

G rea t B r i t a i n ........
F ra n c e .....................
G erm a n y .................
W e st I n d ie s ............
M e x ic o ....................
South A m e r ic a .......
A ll oth er countries.

$19.833.951

According to the above the amount of legal tenders on
deposit August 1 with the Treasurer of the United States to
redeem national bank notes was §19,838,951. The portion of
this deposit made (1) by banks becoming insolvent, (2) b
banks going into voluntary liquidation, and (3) by banks
reducing or retiring their circulation, was as follows on the
first of each of the last five months:

Im p o r ts .

G o ld .

*225,942,455

A m ou n t outstanding A u g. 1,18 96*.

D e p o s i ts b y —

[VOL, LX1II,

$229,544,451

to S e e n * ''

T o ta l R e i ‘-

*10,711,000
14,602,850
163,969,450
33,915,050
23,274,100
*246,472.450

N a t io n a l B a n k s .—The follow ing information regarding
national banks isjfrom the Treasury Department:
N A T IO N A L B A N K S O R G A N IZ E D .

5,050—Th e Sanford N ation a l Bank, Sanford, M e. C apital, *50,000.
Louis B. Gloodall, President; M. A . H e w e tt, Cashier.
C O R P O R A T E E X IS T E N C E E X T E N D E D .

2,340—Th e F irst N ation al B ank o f M ilford , D ela w are, u ntil Ju ly 26,
1916.
I N L IQ U ID A T IO N .

3,414—Th e W a tertow n N ation a l Bank, W a tertow n , 8. Dak., has gone
into volu n ta ry liquidation, b y resolution o f Its stockholders
dated J u ly 10,1896.
IN S O L V E N T .

787—T h e F irst N ational Bank o f H illsborou gh , Ohio, is insolvent,
and was, on Ju ly 22, 1896, placed in the hands o f John
H u litt, B ecelver.
4,159—T h e A m erican N ational Bank o f D en ver, Colorado, is insolvent,
and was, on July 25,1896, placed in the hands o f Joseph T.
T a lb ert, R eoelver.

Ask.|

Bid.
Atlan. A ve., B ’ klynCon. 5a, g., 1931..A & O
Im pt. 5 s, g., 1934..J&J
Bleek. S t.& F u l.F .—Stk.
1st mort., 7s, 1900.J&J
Brooklyn Rapid Transit.
B’ way & 7th A ve.—Stock.
1st mort., 58,1904. J&D
2d mort., 5s, 1914.J&J
B ’w ay l8t,5a,gnar.l924
2d 5a.int.a8 rent’ 1.1905
Consol. 5s, 1943...J& D
Brooklyn City—Stock....
Consol. 5s, 1941...J& J
Bklyn.Cros8t’n58.1908
B krn.Q ’nsCo.&Sub.lst
Bklyn.C.& N’w t’wn—Stk
5s, 1939........................
Central Croastown—Stk.
1st M.,6s, 1922...M & N
Oen.Pk. N .& E .R iv.—Stk.
Consol. 7s, 1902...J& D
Coinmbns & 9th A ve. 5a.
Ohrist’ p’r&lOth S t.-S tk .
1st mort., 1898 ...A & O

D. D. E. B. & Bat’y —Stk.
1st, gold, 5s, 1932.J&D
§104
S c rip .......................
85
31
28
Eighth Aveune—Stock
§100 107 i Scrip, 6s, j.914.............
19
20*2 42d & Gr. St. Fer.—Stock
187 195 42d St. Man. & St.N. A v.
§103 106
1st mort. 6s, 1910.M&S
§105 108
2d mort. income 6s. J & J
§111 113 L ex .A ve.& P a v.F erry 5s.
Metropolitan T ra ction ...
§103*2 105
113*2 114
Ninth A v e n u e -S to o k ...
155 158 Second Avenue—Stock­
110 112
is t mort., 5s, 1909. M&N
103
Debenture 5s, 1909.J & J
99 101 Sixth A ven ue—Stock___
102
Third A venue—Stock ...
§108 110
1st mort., 5s, 1937. J&J
192
Tw enty-Third St.—St’ k
§115 ........I Deh. 5s, 1903.............
155 103
Union B y —S to o k ......... .
109 113
1st 5a, 1942........ ......
111 112
150 155
102

Bid.

A tx.

160

112

164
115

100
310
56

325
60

§100
337

102

U6J*
68
11214 113

§115
80
79
157

106

101

185
160

155

110
103
193
164

118^ 119ifl
300
100 105
96 102
102
i 98
2101 102

§ A n d accru ed in terest
x Ex-dividend.

Gas Securities—Brokers’ Quotations.
G A S C O M P A N IE S .

Bid.

G A S C O M P A N IE S .

Bid.
80

B’klyn Union Gas—Stock. 70
- Bonds.,.
...... * 100
165
Consumers’ (Jersey City).

78
100
Jersey C ity & H ob oken- 180
Metropolitan—Bonds....... 108 110
220
Mutual (N . Y ..................
93
N . Y. & East R iv . 1st 5s..
65
55
29
25
Consol. 5s...................... 82 ^a

Peoples’ (Jersey C ity )___ 170
W illiam sburg 1st 6s....... 104
Fulton Municipal 6s........ 105
190
Bonds, 08, 1899............. 105
iStandard p ref...... - ........
W estern Gas...................

79
90
72
54
80

175”
197

1061*
55
82

101
75
00
86

N o t e .—T h is w e e k ’ s p ric e s a r e m o s t ly n o m in a l.
§ A n d a c c r u e d in t e r e s t .

I mports and E xports for th e W e e k .—T he following are
Auction Sales.—Am ong other securities the follow ing, not
the imports at N ew York for the week ending for dry goods
July 30 and for the week ending for general merchandise regularly dealt in at the Board, were recently sold at auction.
By Richard V. Harnett & Co.
July 31; also totals since the beginning o f the first week in
,000 B a y State Gas Co. incom e 7s, 1899.......................................... 28
January.
F O R E IG N IM P O R T S A T N E W Y O R K .
By Messrs. Adrian H. Muller & Son:
1893.

F o r w eek.

1894.

1895.

1896.

D ry good s.......
G en’l m er’dise

$2,828,673
7,622,151

*1,830,532
8,647,758

$3,lo0,726
6,096,108

$2,380,655
6,215,006

T o t a l ........
1.
D ry good s......
G on’l m er’ dise

$10,450,824

*10,478,290

$9,246,834

*8,595,661

*84,770,283
283,095,316

*47,935,773
205,641,509

$85,919,164
214,002,788

$68,591,159
204,784,612

S in c e J a n .

T o ta l 30 weeks *367,865,599 $253,577,282 $299,921,952 $273,375,801

The imports o f dry goods for one week later w ill be found
in our report of the dry goods trade.
The follow ing is a statement o f the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Aug. 3 and from January 1 to date:

Sh a res.

S h a res.

40 B la c k w e ll’ s Durham T o ­
bacco C o ...............$13 p e r sh.

10 U nited States T ru st Co._ .1071

jp a u k iu g

F o r the w eek ..
P re v . reported

$7,933,068
201,907,307

1894.

1

1895.

$7,738,762
$6,569,968
206,195,5341 188,970,581

fin a n c ia l.

Spencer T rask & C o.,
BANKERS,

3T A 20 P I N E S T R E E T ,
65

-

-

ME W

YORK.

S ta te S tre e t, A l b a n y .

I N V E S T M E N T

S E C U R I T I E S .

S a m u e l D. D avis & Co.,
BANKERS,

E X P O R T S PR O M N E W Y O R K F O R T H E W E E K .

1893.

an d

1896.
$7,381,926
213,969,488

T o ta l 30 weeks $209,840,375 $213,934,296j$195,540,549
$221,351,414

Aim loiiowing raoie snows tne exports and imports o f specie
at the port o f New York for the week ending Aug. 1 and
■^oe January 1, 1896, and for the corresponding periods in
189*5 and 1894:

NO . 3 6 W A L L S T ., N E W Y O R K ..
Sam okl D, D a v is ,

C h a s. B, V an N ostran d .

George Ba r c lay Moffat .

M o f f a t
30

P I N ®

STjttEE

A lex and er M. W hite J

& W

BANKERS
IT,
-

h i t e
■

N E W

IN V E S TM E N T S E C U R IT IE S .

,
Y O R K

THE CHRONICLE

AUGUST 8, 1896. I

S h e g a t x k e t s ' (gazette.
d i v i d

e n d

R a ilr o a d s (S t e a m ).

Ohio * A lton , corn. .4 p rf. ( q u a r ) '■
C le v e la n d & P itta,, g a a r . (q u a r.)
S t P a u l & D u lu th , p r e f----- . . . . . ■
....................... 1

T lla c e lla n e o u a .
E rie T K e g . x Pelepii. (q u a r.)---SC. P a u l G is Light din ar.) ..........

W A U

B o o k s closed.
( D a ys in c lu s iv e .)

2
1%
2%

S ept.
Sept.
Se^t.

5

' Aug.

3 ----------- t o ---------------

A lls,
Au g-

17 A u g . 9 to Aug. 16
25' A u g . 11 to A u g . 25

F i r e (n a a r a u e e .
—

..

| P e r . W hen
P a y a b le.
i C ent.

S'ame o f Oomptmg.

P e t e r C o oper

s

1
i%

1
1 A u g . l l to Sept, l
1 A u g. 9 to A u g . 31

T h e fo llo w in g w ere th e rates o f dom estic exchange on N e w
Y o rk a t th e under-mentioned cities to-day: Savannah, b u y in g
1-16 discount, sellin g par ; Charleston, b u yin g par, selling ys
prem ium ; N e w Orleans, bank, SI 50 p rem iu m ; com m ercial,
25c. per 81.000 p rem iu m ; C hicago, $1 00 per §1,000 discount;
St. Louis, 30o.@50c. per $1,000 prem ium .

United States Bonds.—G overn m en t bonds have been
w eak. Sales a t the B oard inolude §11,000 4s, reg ., 1907, a t
106 to 106}£j §25,000 4s, coup., 1907, a t 106 .to 107?£; §117,000
4s. coup., 1925, a t 1111.,' to 113%; §11,500 4s, reg ., 1925, a t
111*4 to 112“ ;. and §10,000 3s, reg., a t 94. T h e fo llo w in g are
closing quotations:
In te re s t
P e rio d s

S T R E E T . F R I D A Y . A U G U S T 7, 1 S 9 U -5 P . H .

The Money Market anti Financial Situation. — The trad in g
element, which is active in its efforts to secure lower prices
fo r securities, has beeu unusually successful this w eek in

W all Street.

217

Prominent among the factors which have con­

tributed to this success was the suspension o f a Chicago
firm w ith large liab ilities th at has been prom inent in its
transactions on the C hicago S tock E xchange.
W h ile in
W a ll Street the e ffe c t o f this e v en t was la rge ly sentim ental,
there w as as a result some sellin g o f securities here for
W estern holders.
O f m uch m ore im portance, doubtless, is the general feel­
in g o f distrust w h ich exists abroad in regard to the future
value o f A m erican securities, and the e ffect o f this feeding
d ire c tly and in d ire ctly upon the m arket.
The Syndicate
plan to con tro l the fo re ign exchange m arket is op erating
successfully and th e fluctuation* o f exchange have ceased
to be o f im portance in the Street.
Th e depressed con dition o f gen era! business is reflected in
the railroad traffic reports now being made, which, with the
rate-cutting in the South, are used as argum ent' in fa v o r of
low er prices fo r ra ilw a y securities.
T h e m oney m ark et has been som ew hat sensitive and .till
m oney rates have fluctuated, some loans h avin g been made
at six per cent. T here is an increasing inquiry fo r re-dis­
counts by in terior banks, although the heaviest m ovem ent o f
currency is towards this center.
T h e open m arket rates for call loans d u rin g the week on
stock and bond collaterals have ranged fro m l!* ' to U per
cent. To-day’s rates on call w ere 3 to 8 per cent. P rim e
com m ercial paper is quoted a t 5>£@7 per cent.
Th e Bank o f England w eek ly statem ent on Thursday
showed a decrease in bullion o f £738,1)85, and the percent­
a g e o f reserve to liab ilities was 58-54, against 58-39 last
week : the discount rate remains unchanged a t 2 per cent.
T h e Bank o f France shows an increase o f 5,410,000 francs in
gold and 1,384,(100 francs In silver.

2s, —

A ug. • Aug.
Aug.
3.
4
1 5.

Aug.

.............. reg. Q .-M ch . * x U %
* 100%
'1 0 7 %
*113
* x ll3
•n o
*x tl0
*100%
•103
*104%
-100
•100
•100
*100

Is, 1907............. rev.

ts, 1 90 7 ...........coup. Q . - J a a .
I s 1925............. re g . Q .- Feb.
ts, 1925..........coup. Qe- Feb.
5s, 190-1............. rex. <4.-Feb.
5a, 1901...........coup. l j . - Feb,
3s, a a r’o r,’ 97. .rex. 1, A 1.
3a. e a r'c y ,* 9 8 ...r e * . I . A- J.
to, o:ir-t».v. 9 9 ...r e x . J. * 9.
Is. (O b e r .)1 8 9 6 .r e * . M arch .
Is, (C lier.)U 397.reg. M a ro b .
Is, (Cher.) 1898. re*. M a r c h .
M arch.

' 91V
103 “4
1074
■Ll 3
113%

-111
'1 0 3

94

j* 93

*108% *10R%
•107% 107%

'100
•100

Aug.
7.

* 9 2 % !* 92
10S
*1 0 5 %
107 I 108

-U2%: 111% '111%
112% 111% 111%

*113

'1 1 3

•n o

> 110

-'101%

■109

m o * 1 1 0 : ■109% *109
•1 0 0 % -ioo ! ■100 ■100
• 10 2 % * 10 2 % -102% *102%

*101k *101% *104%
•100

Aug.
6.

•too

*10 0

•too

>ioo

*100

noo

*10 0

*100

-1 0 4 % *104%

100
*100
*100
*100

100
*100
► 100

*100

* T h is is the p ric e bid. a t the m o rn in g b o a rd , no sa le w a s m ade.

U n ite d 'S ta te s S a b -T rea su ry .— The fo llo w in g cable show s
receipts and payments at the Sub-Treasury.
B a la n ce s .
D a le.

Am .
“
**
**
44

R e e d j i lt ,

i
3
4
5
6
7

T otal

j P ay m en t!.

1.881,710!
3,937.451
3.594.906;
3 .1 4 3 .3 4 1 .848,9-d
3,324,917

C o in .

2,751,749 110,730,888
2,893,326 116.197,477
3,690.592-1 10.001, 754
3 ,856.678116,605,454
2,170,693 115,116,914
3,718,796 114,626,191

17,740,2891 18,890,334

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

C o in V e r f s A C u r r e n c y .
i
1
2,216,147
2,316,374!
2,<>95,601
2,412,882
2,281,155!
1,977,126
............ _ J

*
77,535,924
79,013,203
79,268,072
78(894,011
79,207,236
79,690,109
....... ..........

Coins.—Following are current quotations in gold fr,r coins :
H o v e r"tfr n *_____ „ « 4 9 0 » $ 4 94
Natpobwra*. . . . . . . 3 87 » 3 93
X X Jteiohmarfe*. 4 s o a 4 s o
25 P e s e t a s ........... 4 75 a 4 so
Span. O o a b lo a iiB .lS 55 * 1 5 75
MAX. D o u b lo o n * -15 S o r. 15 75
R o e iw ld h a r e ...
p a r a % pretn

F in e s ilv e r b a rs... — 6 8 % '* — 69%
F iv e f r a n c s ........... — 90 <» — 95 %
M e x ic a n d o lla r s .. - 5 3 % » — 54%
D o u neom 'olitl.. — 53% » — 5 4
P e ru v ia n s o l s .. .. . — 4S » — 49%
K n gllsh s ilv e r . . . 4 30 a 4 90
U . 3. tra d e d o lla r s — 05 a — 75

State and Railroad Bonds.—Sales o f State bonds at the
Board include $1,000 A lab am a, class B, a t 100; $3,000 Tennsettlement 3a a t 7 7 and §8,000 V ir g in ia 6s d e f’d trust recta.,
stam ped, a t 4.
T h e m arket fo r ra ilw a y bonds has been unusually dull.

There was a little increased a ctivity on Thursday, but it was
at the fu rth er expense o f prices, w h ich have steadily declin- d through the week. Such movement as is noted has
The New York City Clearing-House banks in their statement been confined largely to the Atchison, d ies. & Ohio, Chicago

o f Aug. t showed a decrease in the reserve held o f $2,857,000 & N o. P acific, L o u isv ille & N ash ville, Mo. K an . & Texas,
and a surplus over the required reserve o f $17,728,600, against No. P acific, R ead in g, R io G rande W estern, Southern R y .,
$18,499,550 the previous week.
is m .
A m . i..

D ifftr m i* 9 lr w n
fir m , w m k.

»
C a p it a l,, .............
60.622.700
SJm-jrtlM.............
73.294,000
I ,« a n « <k d lte ’Btft. 409,535,1*00 0 ee A 7 O 4 ,o O O
dtrm iia tio a
u .s o o .o o e l o c .
183,30b
S e t d e p o s i t * .. .,. 465,014,000 D e c .8,344.200
R p e e l® .* ....-..___
46.251.700 Due.0,976,600
L e g a l ten d er#___
02.727.400 In c ,7.119,800
R e se rv e h e ld ...... 13S.982.100 D e e 2,857.000
L e g a lr e * e r v e ----- 121,253,500 Due 2,088,080
S u rp lu s re s e rv e

17,728,(300 Deo.

770,950

1895.
A u g . 3.

1
j

1391.
A n g . 1.

•
62,032,700 61,622,700
71.3I8.ttK I 71,37(1,800
509,327.000 432,304.500
13,103,200
9,813,100
574.304.500 591,550.000
08,474,M00 90,546.900
119.018.500 123,898,900
181.443.3 00 214,442,700
1*3,376,125 115,389.009
40,917,175

69,053.700

F o re ig n E xch an ge.—The foreign exchange m arket has
been dull. I t was firm during the early part o f the w eek
but has gro w n easy on a lim ited demand fo r bills.
To-day # actual rates o f exch an ge w ere as follow s: Bankers
s ix ty days’ sterlin g, 4 87& ($488; demand, 4 88?4@4 89 :
cables, 4 84@4
Posted rates o f leading bankers fo llo w :
A u g . 7.

S ix ty Days.

D em and.

P r i m e b a n k e rs’ ste rlin g M ils on L o n d o n .. |I S S h 'M 91
l 8 9% ,f t 90
P rim e enmtneroU.:. ....................................| t 97-jvr t 8719
.........
Dt>c*iawsi»t«ry eonttnercial,.. . . . . . . . . . I. * I , !4 8 0 % » 4 87 >
............
P a r i* b a n k e rs' (fr a n c * )................ .......... 5
10% 5 1 P , , • 51 i :l~
A m ste rd a m (g u t M e m i. ,nker<
40*1*9
10% « r » , « a 40%
P rs& ftfo rt or B rem en (reieh m ark al ti’to-r*:
95% 9 0 5 » „ 9516,« , i 96

Texas & P acific, U . P . Den, & G u lf, W e s t Shore and W is c o n ­
sin Central bonds. The decline in prices is from ab ou t 3
to 5 per cent, a v e ra g in g o v e r 3 per cent.
R a ilr o a d and M iscellan eou s S tock s.—T h e stock m ark et
has been fo r the m ost p art under influences o f a depressing
nature this week. P ro m in en t am on g these was the an*
nouncem ent on Tuesday o f the g re a t C hicago collapse. T h is

was followed by selling orders from the West and a general
decline in prices, which has been most pronounced to-day
under a violent bear raid and heavy liquidation.
B urlington & Q uin cy has been especially w eak on rumors
th at the di vidend, to be acted on soon, w ill be reduced, and
closes a t 55Jj, a loss o f J0$$ points w ith in th e week. N ew
Y o rk C entral sold on Thursday a t 88, the low est p oin t it has
touched since 1885, Man hattan E levated has lost 9J£ per cent,
the m ovem ent being stim ulated b y a decision o f the Rapid
T ra n sit C om m ission,
Tea lead in g railroad stocks, in clu d in g N e w Y o rk Central,
Lake Shore, Central o f N e w Jersey, Lackaw an na, D elaw are
& Hudson, L ou isville & N ash ville, B urlin gton & Quincy, St,
Paul, Rock Island and Manhattan Elevated, h a v e declined
an avera ge o f 6lq per cen t w ith in th e week.
T h e industrial list has been weak, although it* decline is
not so m arked as th a t o f the railroad list. The features are
C hicago Gas, A m erican Sugar and W estern U nion, w hich
have declined 7%,
and $ £ points, respectively.

THE (JHROJN1CLE.

218
NEW

YOHK

STOCK

EX CH ANG E

V

—A C T IV E STOCKS for week ending A U 3 7, and since JAN.

H IG H E ST AN D LOWEST PRICES.
I Saturday,
A uk. 1.

Monday,
Aug. 3.

Tuesday, Wednesday, I Thursday,
Aug. I.
Aug. 5.
Aug. 6.

Friday,
Aug. 7.

o l

,

L X IU .

1, 1 8 9 0 .

S a le s of;

R a n g e f o r y e a r 18 9 6 .

the

[ On basis o f loo-share Lots. 1

W e e k , j ------------------------------------------S h a re s .
L o w e s t.
H ig h e s t,

. A c t iv e K it . s to c k s .
8% Aug. 7| 17% Feb. 24
8% 10 A t. Top. & S.Fe, a llin atal. paid 18,901
9,214 14% Aug. 7; 28% Feb. 24
14% 14%!
Do
p re f.
% June 10
% Feb. 6
........
.
*%
%
A
tla
n
tic
A
P
a
c
if
ic
%
2 ,2 0 9 13
Mar. 6; 44 Jan. 27
14% 15 B altim ore & O h io...........
15%
9
3
1
18%
Aug.
7
25%
Apr. 23
18
%
18%
,B
rooklyn
R
a
p
id
Transit,
21
3 0 0 52
Jan. 4 62% May 27
56% 56% 'C anadian P a c iilc ...........
59
1,265
40%
Aug.
7
51%
Feb. 10
40%
42
iOanada
Sou
thern
..........
.
44%
8 ,1 2 3
87% July 22 109% Apr. 23
92% 90% 91% 88% 90% ;Central o t N e w J ers ey ...
14%
Jan.
9
*13
14
i
*13
14
.Central
Paetflo................
15% Feb. 15
14
2,088 12% Aug. 7! 18% Apr. 23
1 2 % 1 2 %: 1 2 % 12% Chesapeake & O h io........
12% 12%
43 155 Apr. 2 155 Apr. 2
'148 152 §147 150 i*148 152 [Chicago & A l t o n ............. ....... ■
57% 60%
53
58% Chicago B u rlin gton & Quincy 110,056 53 Aug. 7 82% Apr. 24
60% 62
700 38 Aug. 71 43 Jan. 18
38% 39%. 38
38% Chicago & E astern Illin o is ...
*40
600 98 Jan. 23 100% Mar. 5
93
98 * ........ 96
Do
p re f.
98
*93
184,898
60% Aug. 7 79% June 17
65% 66% 63% 65% 60% 64% Chicago M ilw a u k e e * St. Pau l
1,743 117% Aug.
130% Mar. 2
---117% 118%|
Do
p re f.
118 120
120% 121
25,742
106% Apr. 23
83% Aug.
88% 91%|Chicago & N o rth w e stern ____
92% 93% 90% 92
142 Jan.
Do
p re f
150 June 30
34,205
49%
Aug.
52% Chicago R ook Is la n d & P a cific
74% Feb. 24
55% 56% 54% 55%: 53% 54% 53% 54% 51% 53% 49%
3,330 31% Jan.
45% Apr. 27
31%
32%
Chicago
St.
P
au
l
M
inn.
& Om.
32%
31%
34
34
34%
34%
35%
34
-34
36
117 Jan.
125% July 3
Do
p re f.
125 ' ....... 125
*118 122 ■115 120 ‘ 116 120 *115 120
4,130
20
Aug.
39% Feb. 10
20
22%
C
leve.
Cincin.
Chic.
&
St.
L
.
..
22%
22%
22%
22%
23% 24% 23% 23% §22% 23
250 73 Aug.
90% Feb. 20
73
73
Do
p r e f.
650
13%
Aug.
18% Jan. 23
13%
14
Columbus
H
o
o
k
in
g
V
a
L
&
T
o
l
16%
*15
15
15
*15
17
*14
17
*15
17
100 50 June 22 60 July 22
52% 52%
Do
p r e f.
60
*55
*55
64
*56
61 ' *55
64
*56
64
1,501
115
Aug.
7
129%
Feb. 11
115
117
D
e
la
w
a
re
&
H
u
dson
...............
117%
117%
§118%
118%
119% 119% 5118 119%
6120 120
1,514 140 Aug. 7 166 June 5
140 143 D ela w areL a ck aw a n n a & W est
145 149
149% 150
“149%
j
149% *149% 150
150 150
11%
July
22
14
Feb.
4
D
e
n
v
e
r
&
R
io
G
r
a
n
d
e
..
11
*10
*11%
950 37 Aug. 7 51 Feb. 24
37%
Do
p r e f.
*39% 41% 40% 40% 39% 39% 37
*41
41%
1,580
10%
Aug.
7
15%
Mar.
12
E
r
i
e
................................
.
10%
12%
12
12
*12%
13%
*12% 14
105 27 July 29 41% Mar. 17
Do
1st p r e f
27% §24% 24%
*27% 29
925 13 Aug. 6 25 Mar. 16
Do
2d p r e f.
13% 13% 13%
13
*14%
100 25 Jan. 15 34% Feb. 24
27
27 E v a n s v ille & T e rre H a u te ___
30
*27
*27
30
*27
30
30
*27
30
*27
100 108% Mar. 13 121 May 7
G
rea
t
N
orth
ern,
p
r
e
f.............
.
*106
111
112
108
109 109 >108 111 '108 111
*108 112
521 86 Aug. 6 98 Jan. 31
§82% 85% Illin o is C en tra l........................
88
86
90
92% 90
*88
90
*90% 92% §91
400
5% Aug.
10% Feb. 7
5%
6
Io
w
a
C
en
tra
l..........................
6%
6%
7
*6
*6
7
*6
7
7
*6
800 19 Aug.
38 Apr. 28
Do
pref
19
20
22
22
*21% 24
*22
24
22
22
24
*22
900
13
Aug.
22%
Feb. 5
L
a
k
e
E
rie
&
W
e
s
te
rn
............
13
13%
14
*14% 16% 14
14% 14% 14% 14
*14% 16
960 58% Aug.
75 Feb. 7
Do
p re f.
58% 58%
64
61% 61% 61% 61% 60% 61
663% 63% *62
3,054
134%
Jam
154%
June 17
L
a
k
e
Shore
&
M
ich.
Southern
135
138
138 138
140 140
140 140
143% 143% 142 142
103 68 July 29 84 Jan. 7
*68
71 L o n g Is la n d .......................... .
71
*68
69
69
§68
■69
71
68
71
*69
45,427
55%
Feb. 24
38%
Aug.
7
L
o
u
is
v
ille
A
N
a
s
h
v
ille
............
38% 41%
42% 43% 42% 43% 40% 42
43% 44% 43% 44
850
5% July 21 10% Feb. 18
5% 5% L ou isv. N e w A lb a n y & C h ic..
6%
*5%
6
5%
*6
7
*6
6%
7
6%
2,250
10%
Aug.
7
24%
Feb. 13
10%
12
D
o
p
re
f.
11% 12%
13% 13% 13% 13% 12% 12% 12% 12%
78
85 M anhattan E le v a te d ,c o n s o l.. 47,856 78 Aug. 7 113% Feb. 11
85% 87% 84% 86
86
85
89% 85% 88
88
755
Aug.
6
109%
May
25
M
e
tro
p
o
lita
n
T
r
a
c
t
io
n
.,
88
§83
88
88
§90% 90% 88
90% 90% *88
90
§91% 92
128 90 July 15 97% Feb. 11
93 M ich igan C en tral,.......... .
90% 90%
*92% 95
*92% 94
95
‘ 92
10
21%
Feb.
21
June
11
16
*13" 17 M in neapolis A St. Louis,
14
§14
*12% 17
*12
*12
17
20
17
*13
120 62 Aug. 1 83 Feb. 21
*55
65
Do
1st p r e f.
70
*56
-60
70
§62
62
*60
62
62
68
100 34 July 23 53% Apr. 22
*34
41
Do
2d p re f.
36
36
41
41
*36
*35
41
42
*35
*37
9% Aug. 6 13% Feb. 21
250
'9
10 M issou riK a n sa s & T e x a s ___
9%
*9% 10
*9% 10%
9%
*9% 10%
*9% 11
4,830
16 July 20 31% Feb. 25
Do
p ref
16% 18%
19% 18% 19
19
19% 19
19% 20% 19% 20
7,375 15 Aug. 7 29% Apr. 24
15% M issou ri Paoifto.....................
17% 17% *16% 17% 16% 16% 16% 16% 15% 16% 15
70 16% July 20 25 Jan 11
§15
16% M o b ile A O liio ..........................
20
*15
20
■16
*17
20
*16
20
20
*17
N ashv.C hattanooga& St.Louis
35 J u ly 21 51% Jan. 28
N e w E n g la n d ..........................
4,062 88 A u g . 6 99% Feb. 10
90% 88% 90 N e w Y o r k C en tra l & H u dson.
88
§9:2% 92% §92% 92% 90% 90% 90% 91
525 10 A u g . 7 15 Jan. 22
10
10 N e w Y ork C h io a g o & St. Lou is
13
13
*10
*10
13
*10
13% *10
10
13
10 67% J u ly 28 80 Jan. 22
§60
60
Do
1st p r e f.
76
*65
76
-65
*65
75
*65
76
65
75
245 21% J u ly 20 35% Apr. 13
23
Do
2d p r e f.
21% 21% *21
-21
25
21
25
21% 21% *21% 25
20 160 J u ly 23 186 Feb. 10
160 164 N e w Y o r k N e w H a v e n & H art.
162 165 §162 162 §160 160 '162
...... 164
1,400 11% A u g . 7 15% Jan. 31
12% 12% 12
12
11% 11% N e w Y o r k O n tario & W estern.
12
13
*12% 13
-12
13
570
7 J u ly 31 11% Jan 31
7
7 N e w Y o r k Su8%. & W est., new.
7% 7%
*7%
7%
7%
7%
§8
8
*7
8
1,545 15% A u g . 7 31% Feb. 6
15% 16%
Do
pref.
18
17% 18
18
19
18
18
18
18% 18
6 July 14
t% A p r. 29
N o r f.A W estern ,3d instai. pd.
250 14% M a y 8 11% July 8
12%
D o p ref.,tr.etfs.3 d in s.p d .
x9% 10% 11% 11% *11
*913 1013
*10
11
11
no
9%
June 29
t%
M
a
y
23
1,410
Nor.
Pac.,
2d
in
stalm
’t
p
a
id.
5
6
4
4%
A5
3%
*5
-5
'5%
6
6
6
2,509 i 10 A p r. 16 117% Mar. 9
D o pref., 2 d in sta l. paid.
11% 10
10%
11
11
11
12
12
11% 11% *11
$11
22
Apr. 14
H
O
Feb.
18
*10
O
r.R
y
&
N
a
v
.C
o
.
rec.
asst.
pd.
*10
12
*10
18
18
*10
*10
no
18
18
18
t3% A p r. 14 10 July 2
O r.S .L .& U .N or.rec,3 d in s. pd
*6
*6
9%
9*4
16
June 16
t2%
Jan.
7
11,425
Phila.
A
R
ead
in
g
2
d
in
st.
p
d
.
1030 10% 10i4 10% 10
8%
9% 10%
16% 10%
9%
10is
400 11 A u g . 7 18% Feb. 7
*1130 1212 *12
12% 12
11 P itts b u rg Cinn. Chic. A St. L .
*11% 12% 11% 11% * 11
12
59
Feb. 27
48
J
u
ly
22
D
o
pref.
53
53
*45
*45
53
53
*45
53
*45
*45
53
*
17 Jan. 15 20% Jan. 31
15 *
15
15 P itts b u rg A W e s te rn , p r e f.. . .
15 *
15
15 *
16 Feb. 8 18% Feb. 10
R io G ran de W e stern ...............
114 Mar. 30 118 Jam 3
n io
114 *110 114 *110 113 *110 115 *108 115 R om e W a terto w n A O gd en sb .
57 Jan. 29 60% Jam 3
*50
*54
*54
58
*50
60 St. L ou is A lt. A T. H .,tr .ie e ts
60
*54
60
58
3 July 29 5% Feb. 7
402
3
*3
3
3
*3
3%
3% St. L ou is Sou thw estern..........
3%
*3
*3
3%
3%
6% Aug. 7 13 Feb. 26
1,115.
Do
pref.
H
6% 7%
*8%
*8
9
7
7%
9
-7% 9
8
100 18 Aug. 4 27% Feb. 24
20 h
21 * ....... 20 St. P a u l A D u lu th .......... .
*15
22
22% 18
18 *
July 1 91 Feb. 10
*
*
*
_
§86
84%
Do
pref.
87
87
87
87
87
107% July 24 115 Jam 11
*107 113 *107 112 *107 112 *107 112 *105 112 *104 110 St. P a u l M inn. A M a n ito b a ...
15 22% Jam 14
17%
July
675
18% 18% 18
18 Southern P a oifio C o ................
19
*17% 18% *17% 18% *17
18% *18
6% Aug. 7 11 Feb. 6
3,875
6%
6% 7 Southern,v o tin g trust, c e rtif.
7%
7
7%
§7
7%
7%
7
6%
7,312 16% Aug. 7 33% Feb. 25
21
21i0
20% 20
19% 20% 18% 19% 16% 19
D o p re f., v o tin g trust, c e rt.
20
5 Aug. 7 9% Feb. 25
2,515
530 T e x a s A P a c ific .......................
6
5
§6%
6%
6
6*4
6%
6%
6%
5%
§6%
32 June 8 35 May 6
*20
*20
*20
34
*20
34
*20
*20
34
34
34 To led o A Ohio C e n tra l...........
34
75 Apr. 6 75 Apr. 6
*50
*50
*50
*50
Do
pref.
75
75
*50
75
*50
75
75
75
3% Jan. 7 10 Apr. 21
5,860
§6%
*5%
5%
6%
5%
_ U n ion P a c ific tru st rec e ip ts ..
5% 5%
5%
4% 5%
6%
5%
1% Aug. 6 5% Feb. 13
350
2
*1%
2
*1%
l%
2
*1%
*1% 2
1% 1% *1
1%!U n io n P a oifle D e n v e r A G u ll.
4% Aug. 7 7% Feb. 24
53*
1,335
*5
4%
*5%
5%
5%
§5%
5%
5% §5% 5%
5% W abash.................. ....... ...........
6,090 11 Aug. 7 19% Feb. 24
13% 14% 13% 13% 13% 13% 13% 13% 12% 13
11
Do
pref.
12%
5% Aug. 7 13% Feb. 14
7 '
7%
7
7%
7
6%
5% 6% W h e elin g A L a k e E r ie ............ 17.460
6%
7%
7%
6%
25
1,430 21 Aug. 7 40% Feb. 13
25% *23% 26
24% 24% 25
25
Do
pref.
23%
23% 24% 21
1% July 1 4% Feb. 24
100
2
*1%
*1%
2
*i%
2
*1%
2
1%
1% W ise. C en .Co., v o tin g tr. ctfs .
M is c e lla n e o u s S to c k s .
9%
8 July 20 19 Jan 127
730
9
9%
9
*9
9
9% | ?% 9%
9
9 A m erica n C otton O il CO'........
9
*41
1,710 38% July 29 69 Feb. 11
41%
41
41
39% 39% *39
40
40
38% 40
Do
pref.
103% 106
102% 104
101 102% 102% 103% 100% 102% 95% 100% A m erica n Sugar R efin in g Co. 244,777 95% Aug. 7 12650 Apr. 21
98
1,868 95 Jan. 6 105% June 12
98% 98%
98
95% 96
96% 96% 96% 97
Do
pref.
95% 95%
5730 56% 57% 55
58% 59% 573* 58% 5630 57% 57
57 A m erioa n T o ba cco C o............ 38,355 55 July 20 95 Ajm. 2
110 95 Aug. 4 103 Feb. 13
*95
98
95
95
D
o
pref.
*88
*90
98
52
51% 54
52% 4913 51%
50% 51% 48% 50
45
43% Chicago G as Co., certs, o f dep. 55.460 45 Aug. 7 70% May 4

11% 11% 11%
16% 17 I 16%
*%
%
*15% 16% *15%
2 m *20
*20
67 4
60
■67
§437s 43%: 44%
92%
92% 93
14 | *13%
*13
13%| ‘ 12%
*13
148
*148 162
63%
64 % 66
•40%
*40% 42
98
*93
CS% 69% '67%
6123
•122 >4
943s 94% 93%

143 143 *142ia
10% 10% 10%
2430 ^ 23%
24
«
50
*19% 19% 19%
'80% 82
80%
4%
4%
*3%
18% 19
I 8I4
*106%
*10513
*143 148
144
68% 68% 09%
16% 17% 15%
3%
3%
6050
6%
*01*
V 1
48
48%
§16
16
78% 79%!

11% 10%
16% 15%
%
*%
16
15%
21% 20%
57%! *56%
44%' 43%
92% 91%
14 1 ‘ 13
13% 612%
153 j*146
64%' 60%
42 I *40%
97% *93
67% 65%
123 1*121
94%' 92

145
142i«
10% 1010
2413 ^ 223*
501Q
20
*19
82
80%
4%
3%
19
17%

11%
15%
%
15%
20%
57%
43%
92%
14
13
152
63
42
98
67
123%
93%

10%

15%
*%
15%
*19
■56
§43%
92
*13%

*141
10%
23%
*38
*19
*81
3%
§18
*105%
144
141% 141% *141
69% 69
69
*68%
10
15% 15% 15%
1421s
10%
23%
50
20%
Hi
3%
18%

11

15%

10
14%
*%
15
19%
*56%
43

144
139
10% 10
23% 22%
39
20% 17%
83% 79%
3%
3%
18
16%
*105%
145
140%
69% 68%
16
15

10%
15
%
16
19%'
57%
_. .
43%

141
134 136
10%
9%'
9%
23% 21% 22%
41
38 Illin o is Steel Co —
36
19
16% 17% N a tio n a l L e a d C o..
Do
p r e f.
80% 76
79%
3%
3% 3% N o rth A m erioan Co
17% 15% 17% P a ciflo M a il.............................
P ip e L in e C ertifica tes.............
*107%
140% 138 140 Pu llm an P a la ce C ar Com pany
69
*68% 68% S ilv er B u llion C ertifica tes___
15% 14
1450 Tennessee C oal Iro n & R R . ..
Do

paef.

2,921
15,623
10,934
509
2,800
2,143
3,975
6,005

134

9%
20
36
16%
76
3%
15%

Aug. 7 164% Apr. 2&

Aug.
J u ly
A ug.
A u g.
A ug.
A ug.
A ug.

23
13
15
21
4
24
10

164 Feb. 11
70 Feb. 24
34% Feb. 10

1,420
33,000

7,175

2,220
*3%
3%
3 % 3%
3 % 3%
3% 3%
3 % 3% U .3.C ord.Co.,tr.rec.ail ins.pd.
780|
7
7
-6%
7
7
P r e f., tr. rec. a ll ins. pd.
7
6%
6%
§6
1,0681
*6%
6%
7
6%
*013 7
§6%
6%
6%
6% U n ited States L ea th er Co......
21,187
46
Do
p re f.
4714 48
47
45%
46% 47% 45% 46% 43
2,060
1514 15% *15% 16
15
*15% 16
15% 14% 15 U n ited States Ru bber C o____
43.553'
78% 79
77% 78% 77% 78% 75% 77%: 73
75% W estern U n ion T e le g r a p h —
These are bid and asked; no sale made. § Less than 100 shares. 1 Before payment o f auy instalment, J Ex-dlv.

20% Apr.
39% Mar.
75 Apr.
28% Apr.
92 May
6% Feb.
31 Feb.

3% Aug. 7
6% July 29
5% July 16
43 Aug. 7
14% June 29
73 Ane. 7
and scrip.

630 Feb. 7
1230 Feb. 7
11% Feb. 8
69% Feb. 14
29 Jan. 13
Anr. ° 2

A

ugust

NEW

THE CHRONICLE

8, 18 96 .]
YORK

Is io n v K

STOCK

EXCHANGE

St o c k s .

Bid.

1 In dicates nullated.
R a ilr o a d S to c k *.

Preferred..

P referred .
O bioago G reat W estern.

P re ferred .

F lin t * P e re M a rq u ette...
P r e fe r r e d _____ ___________

P re ferred .

M orris A E s se x .......
S e w J ersey A N . Y .
P r e fe r r e d ...___ .. .

P R IC E S

A u g . 7.
A sk.

YORK

B id.

EXCH ANGE

A ik .

100
100

-Louisiana—7s, eo n s____ . . . —.4914
Stam ped 4 s.......... . . . . . . . . . . . . . .
R e w e o n o ls . 4s............................. 1914
93

Bid.

S E C U R IT IE S .

the week ending

Loans.
—

Bptei*.

L eg a lt.

10.935.0
9.592.2
7 .8 2 0 .0
1 7 .7 3 8 .4
3 .9 4 7 .0

Pksnlx.......
OUT--------- ■
•
a’s..........

Msroanilis............. ;
f M iio -----|
lipobU o....... ......—I
north A mono*....... j
Ir v in *
O tttM '0
Market A *Fallon ...
Shoo A Leather......
Corn Exchange......
OoftttnontAl............
Oriental ........... .
In p o rU re A T m U n ’
K r k ..................... ..
Boot R lT «r------—
Fourth Nation* 1—
Central Nsttoanl— 1
Second National---Ninth National ......... j
First N t U a u i .......
Third National.......
H .Y .N a L Exchange
N # w V o n County.!
Herman tm erlcaa..
Chase National......
Fifth Avenue.........
Oar man Exchange..
Qarmanla...... .........
0 oiled 8U ( m . .......
Lincoln....................
Garfield................ ..
Fifth National........<
Bank of tha Metrop.

Weet 814a...........
im b m M ..............

jO tp ifii Jti

Sixth National........
Wa*tarn N ational..
Firat Nat. B r'klyn..
V at. Colon Bank....
LDMVtr N * ' H%nk.
M.Y. Prod. E xch ge.

30.074.4
1.918.8
i

3 3 .3 7 1 .1
4 .3 0 3 .9

1 0.111.1
1 . 3 3 7 .9
9 .3 0 5 .0
9 S 6 .1
3 .7 7 0 .0

1.809.9
3 .3 1 2 .1
1 7 .4 4 5 .0
1 4 .0 3 0 .9
4 . 5 9 9 .1
7 .3 6 .1 .7
2 .8 7 7 .4
1 0 .9 3 1 .0

a

P h ila d e lp h ia H a n k s:

SptcU.
476.109.3 61.886.3
477.152,9 61.900.8
*79,540.0 62.93 1.4
474.239.9 56.231.3
469,530,0 46.254,7

83,?23, 7
86.158,,6
85.937,,4
M5.607,,8
92,727. 4

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

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

599.536.3
815.209,6
558.424.4
615.969.1
444.781.1

69.351.8 162.209.0 7,071.0!

7.700. 0
7.449, 0
7,399,0

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

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

93.206.0
81,353.4
75.733.1

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

65.845.9
57.140.2
49.394.9

H «* .‘
July 18.. | 69.351.8 132,642.0 8.911.0
- 25.. 69.351.8 162.5*2.0 8.964,0

P u n *. •
Inly 16. 35.263.0 103,307,0
—“ 30. 30.263.0 102,896.0
Aof. 1- 35.263.0 102,628.0

27,521.0
27.442,0
27.479.0

9

'

9

tr« owvU two ciphers in all (V m Spurts. t Including for Boston and Ph ila ­
delphia the ltam “ daa to other banks.**
X ls c e lla n e o o s a n d

U n lis te d

31 le c e lla n r o u * Honda.
Amar. Spirits Mfg.. 1st 6s..
BPklyn Un. Gas, 1st cons. 5*
Ch. Jan A 8. Yd-t.-O ol.Lg ,5*
Col. G. A I. DeveL gu. 5s. ...
5.694.8 Colorado rnal A I.—Gan. 5s
CoL A Hock. Coal A I.—6a, g
9 .5 4 9 .0
5.302.1 ConaGaa Co,,&tlfr—1st gn.5*
19.198.3 Conaol. Coal conv. 0*
Det. «ist con. 1st 5 ...............
2 .9 1 2 .0
Edison felloe. ILL Co.—1st 5-t..
3 .9 3 2 .0
2 .9 6 1 .7
T>o.
of Bklyn., 1st 5s
6.185.0
Equit. 0 .-L „ N . y T.cooa g 3s.
3 .3 1 5 .9
Equitable i . *fc P .—1st Os___
Hendersoa Bridge—1st g. 6s.
0 ,4 9 6 .8
4.853.1 Illinois Steel deb. 5s...
Non-conr. deb. 5s ......
1 .7 1 0 .0
2 0 .0 8 7 .0
Int. Cond- A 1ns. deb. 6s
2 8 .8 3 8 .5
1 .1 5 1 .3

54

52
4

Dsposttati OircTn. CUartna

134.696.4
134.698.4
r 18.. 134.694 4
“ 20.. 133.910.7
A a r . 1 . 133.916.7

1

77*3

La+xIj.

Y .'

A O f.

A sk.

B id.

Ten n essee—6s, o ld ........ 1892-1898
6s, new bonus ......1 8 9 2 -8 -1 9 0 0
do
new series............... 1914
C om prom ise, 3-4-5 6 s.........1912
3 s ............................................ 1913
R ed em p tio n 4 s............ ......1 9 0 7
do
4 % s.................. 1913
P e n ite n tia ry 4% s................. 1913
V irg in ia funded debt, 2-3S...1991
6s, d e fe rre d t* s t reo ‘ ts, stam ped

July
- It.
a

•1 2 ,9 0 0 ,0

S E C U R IT IE S

N e w Y o r k C ity , B o s to n a n d

Ba s s
Capital S u rp l’i

M e c h a n i c s '* T r a d 's

Highest.

A U G U S T 7.

Ask.

M issou ri—F u n d ............ 1894-1895
N orth C arolin a—6s, o ld ..........J A J
F un ding s o l ...........................1900
N e w bonds, J A J ........ 1892-1898
Chatham R R ................................j
Special ta x , Class I .....................
C on solidated 4 s ....................1910
« s ............................................ 1919
South C arolin a—4*3*, 20-40. .1933
6s. non-fund ..............
1888

M e c h a n ic s '.

Total

P R IC E 8 .-S T .4 T E r B O N D S

C it y B a n k S ta te m e n t fo r
H 'e om it two ciphers {00) in all cases.

Greenwich----------Leather Mannfac'r*
■ m a th National...,
Beats of New York..
American Exchange

Lowest.

1 A ctu a l sales.

STOCK

Tt, Arkansas Central R R ..........

srehanU’ Kxeh'ge
S
allsttn Nsuonsl...
Bntohars' A D ro-cr,',

Range (sales) in 1896.

A sk.

170
6
:i9
3

1906 100
1906 100
95
Class C, 4a.
1920
90
Arkansas— 6s, fund, H oL 1899-1900
do. N on -H olfu rd

Bank o f Nsw York..
Maahattan Co------Merchants'......... .

A u g . 7.
Bid.

If In d ic a tes unlisted.

145 1
Adam s E x p res s.......................... 100 t u o
183% M ay
140 A u g. 150% A p r
35
40
1 1 4 Feb. i A m erican Bank N o te Co I f .............
3 1 7% Ju ly
:i
o
5
1 0 s i 15 " A u g . 116 " M a y
29% Feb. 1 A m erican E x p re s s .................. ..1 0 0
19 ^ 19 Aug.
7 Feb.
7 Feb. Am. Spirit M fg. Co...........................
4*3 A ug.
6*4 J u ly
5
8
id 's
.100
1 3 m Jan. 131*3 Jan. 1A m er. T elegrap h A C a b le......1 0 0
86 J u ly
97 M a y
15
.100 100 105
Bay State Gas IT ........................ 50
17
14*3 July
33 M ay
102 May 102 M ay
77
.100
80
77*3 A ug. 95*3 June
10
18
10 Jam
25 M ay [ B rooklyn U nion Gas...................100
.100
51 M ay
%
55
>8 Feb.
*s Feb.
62>s May
t8
.100
70 Mar.
63
70 Mar. 1
95% F eb .
96*4 Feb
5
5 A ug.
*4 Ju ly
4*e Jan.
%
8
10% June
.100
40
17
36
14=8 Aug. 34% Feb.
54** M ay !
:u %
37 Aug. 50
164
102 May
80
90 M a y
98
Feb.
........
.100
5 \ Jan.
6
% J u ly
4% M ar.
9*3 June
8
125
50
60
51 Apr.
162*4 A pr. 162% Apr.
60 June
4
30
.100
3%
3% Ju ly
30
M ar. 32% M a y
6 Jan.
30
10
10% Apr.
6
11*4 Feb.
26 A p r.
33*a June
........
..5 0
50 Feb.
89 Jan. 100*3 Ma>
13 Feb.
.100
16 Feb.
........
.100
37 Mar.
43
Feb
59 A p r.
62% ja n .
........
.100
35 Feb.
35 Feb.
92*3 May
25 Jen.
.100
17 J u ly
30 A p r
25 Jan.
;i3 %
........ 80
6%
6% M ay
8
8 Jan.
78 Feb.
86*4 A p r.
2
40
1
2 Jan.
3*4 Mar.
60
........
12 Ju ly
10
12
18 Feb.
.1 0 0
60 Feb.
59% Feb.
.100
:63i
47 Aug.
12 " F e b .
15
72 Feb.
50
14 Aug.
2*s Feb.
% M ay
%
i ’%
21*4 June
* }U
,v: J150 155% 150 A u g. 166% Feb.
4% Jan.
3 ......
8
6*a Feb.
. . 10 c
7** Mar.
)
4
8 7e Feb.
3
..100 |
8 Jan.
:> 1 1 % . . . . . .
15 M ar.
:100»4 114 100% Aug. 120 Jan. |Oregon Im p r o V t Co. tr. re o ts .
) ........
4% Jan.
*4 June
70 j 70 M ay
J 275 340 320 Apr. 340 June
70 M ay 1
.llv
3
1
1 % A pr.
2 Jan.
.100
9 ____ T 10
2 j l% J u u e
P r e fe r r e d .
1%
14 June 14 June
3% Feb.
.» a GO
6 ! 3 Jan.
9
4
5 Jan.
7 Feb.
6 June i
174
181% May 182 Feb.
180
12 A ug.
0 112
13
24% Feb.
! 39 J » " .
37 A ug.
40
48
A pr.
) 137
46*4 Feb. ! U. 8. Express.
-.100 ........
70 Ju ly
) 165
; 5 Feb.
89 Jan.
70
Feb.
0 190
....
88 Ju ly 101
.100
.100

S E C U R IT IE S .

MASKS.

(% Indicates actual sales.J

M is c e lla n e o u s S to c k s .

NEW

too* omitted.)

STOCKS.

I n a c t iv e Sto cks .

Highest.

Lowest.

' N o price F r id a y ; latest p rice tbls w eek.

N ew Y ork
A u g . I , 1896.

( C o n t i n u e d ) —IN A C T IV E

| Range (ta le s ) • » 1896.

21.9

B onds:
M io c H In it r o u s H o n d a .
M a n l i . i t . B o s c h I I . A L . g . 4 a .; ...........
M e tro p o L T o L A T e l. 1 st 6 a ..
...........
M l c h . - P e n l u . C a r l a t 5 a ...................... ..
M u t u a l U n i o n T e l e g . — 0 s , g . . ......... .
N a t . 8 ' a r c h M f g . 1 s t 0 s ...........
94
b.
N . Y . A N . J . T o l e p . g e n . 5 s . . ...........
N o r m w e s t e r n T e l e g r a p h — 7 s l ____ _
P e o p l e 's G a s < t U . < l « t g . 0 a . * 1 1 0
a.
C o . , C h i c a g o ........ ( 2 d g . 0 s . * 1 0 6
a.
J s t c o n s . g . 0 a .......................... j
93
a.
P le a s . V a l le y C o a l— 1 st g . 0s.
...........
S u n d a y C re e k C o a l 1st g 0s.
.........
IT .8 . L e a t h e r - 8 . f . d a b . . g . , 0 » .
llO ^ a .
W e s t e r n U n i o n T e l e g . — 7 s . ..1 * 1 0 4
b.
W h e e l.L . E . A P it t a .C o a l le td s j
05
b.
U n d a te d
H onda,
o ra a to c k T u n n e l— l no. 4 s . . J
0
b

K o ta .—M6” indicates prioe b id ; "

j

" prloe 1M

* Latest prloe hi 1 week.

18.012.0
8 .4 6 8 .0
6 .1 3 2 .0
3 .9 2 4 .0
1 9 .1 6 0 .9

B a n k S t o c k L i s t — L a t e s t p r i c e s t h is w e e k .
banks

.

8.097.4
1 . 3 7 3 .3

3.890.0
3.305.8
2 .7 0 8 .4
1 6 .9 3 7 .8

7.778.0
2 .9 0 5 .3
3 .9 3 0 .7
5 .4 0 4 .7
0 .7 8 9 .9
4 .2 3 2 .4
5 .7 0 5 .0
3 .1 4 7 .0
5 .9 1 8 .0
1 .4 3 5 .0
1 1 .7 0 1 .5
5 .3 3 1 .0
0 .3 7 9 .8
2 .2 6 6 .8
j
3 .1 0 4 .3

.............. 60 632,7 79,994,0 469,53^9 4&2S4.7I "99.737.4 S J o iT o

B o w ery.
B ro a d w a y

B u tch s'A Dr.
C e n tr a l. . . . . .
Chase.
C ity.

Continental.
Com Kxoh.
East Hirer.
11th WardFifth Are....
ra th *.1 a
First.
14th Street.
Fourth. .....
Gallatin..... .

>B id .

A s k .;

300
165
275
240
i i i ‘%
120
400
310
12 90

B A N K S .

| B id .

a s

a. |

( # N o t lia ;e d .)
nA M K es.

B ;m

G a r f i e l d ...........! ________ 0 0 0
G e r m a n A m . 110
G « n u » n S t 'j3 « b

N Y .N a t . E i
95
N in t h
1 9 th W a r d . i i b

195
B ree n x lc b
.| 1 6 5
H a n o v e r ........ 3 0 0
H a d . H i r e r . . 157
X m . A T n w V , ' i .......... 5 4 5

O r ie n t a l...
P a c i f i c ........
P a r k ..............
P e o p le ’s ...

A sk
...........
115
142
200

180
270
235
108

450
125
175
195
130

L e a t h e r M f s ' 170
1 8 7 *9
207
_______
290

121
200

M
M
M
M
M

a n h a t t a n . . !2 0 7
a r k e t * F ill 2 0 0
© r h e m e s '.. 18 5
'c h s ' A T r s ’ . —
e r c a n t i le ... 150

114

195
140
180
137

S e a b o a rd ..
S e c o n d ...— .
S e v e n th ...
S J io e A L e ’ t!
S ta te o f N .Y
T h i r d .............

94
104
103

W e ste rn ...
W e s t S id e ..

175
202
175
110
270

275
110
170
100
285

150
175
310

N . A ra e ’d a ra U O O
j N o w Y o r k ...
...„
1 N . Y . O o » n t T . '0 1 O

240

170
425

152
174
100
98
105

114
......

THE CHRONICLE.

a 220
•ijs r iM .

t *»iU i\ o K iie m \

y
A c tiv e S to ck s.
t Indicates unlisted.

Saturday,
Aug. 1.

Atcb. T. & 8. Fe)(Boston) .100
Atlantic & Pae.
“
100
Baltimore A Ohio (Bo/M-100
Balt. City Paes’ger “
25
Baltimore Traction 44
25
Baltimore Trao’nIHPAiL). 25
Boston & Albany (Loston). 100
100
Boston A Loweil
100
Boston & Maine
100
Central of Mass.
100
d eferred
100
O i c. Bur. & Quin.
Ohio Mil. & 8t. P. (P h tl.).160
Oho O. &G.vot.t.c- 44
50
Clt. 8t Ry.of Indli “
100
Fitchburg pref.. (Bo* ton;. 100
l ehigh V alley.. (P h ila .). 50
Maine Central (Boston). 100
Metropol’n Trao.lf fP/iiO-lOO
Mexican Cent’l ( Boston). 100
New E ngland....
*'
100
“
100
Prefer! e d .......
Northern Central (B a lt.). 50
Northern PaoificJ (Phila.)lO O
Preferred t
**
100
Old Colony...... ( Boston) 100
Pennsylvania ...(P h ila ,). 50
Phil. & Reading.!
“
50
Philadelph Trao.
“
50
Union Pacific... (Boston;. 100
UnionTraotion..(PhUa,). 50
IT IIa ee lIttiieo n * S to c k * .
Am.Sug’ r Retin.H ( Boston)---P referred ...... „
100
Bell Telephone..
25
Bost. & Montana.
25
Butte & Boston..
25
Oalumet & Hecla
Canton C o ......... (B a lt.). 100
Consolidated Gas “
100
Eleo.Stor. Bat’ y1T(PAi7a.).l00
Preferred H
“
100
Erie Telephone*/Boston) .100
General Electric.
“
100
P referred----*.
“
100
Lamson StoreSer.
“
50
Lehi’h Coal&Nav. (P h ila .) 50
N. E.Telephone (Boston). 100
Pa.Heat,L.&Pow(PAi7a.)......
Unit'd Gas Imp.fl
“
50
Welsbach Ligh t Ti
“
5
West End Land-.(Poston;.—.

11% i m

Tuesday,
Aug 4.

Wednesday,
Aug 5.

11% 11%

11

11

10% 104

"90% 91
*7%
8
35
35

91
*7%

91
8

44

Bonds— Boston.

44

“
44

894
74

Si*
5%
*5%
54
12% ^ 11% 12% *11
175 175% 1744
175
50»s
507g 50% 51
5%
530
5 >8 5%
63% 63=s 63
64
'5%
*6
6%
6%
12% 124
123g
11%

*5%
M l%
175
50%
5%
63%
0%
12%

44

At-Top. &S.F. 100-yr.4 g.,198:
2d2%-4s, g., ClassA..198S
B
United Gas 1st 5 s...

e x c h a n g e s

89%
74

90
74

90
8

87
64

♦
66% &
*5
5
54
54
12
*10 4 11 % *11
174%
175 * ..... 176
50%
5'>% 50% 50%
4%
53,.
53,8 5% 8
62 *
634 63 h 63%
*54
6
*5 4
64
11
12
11% 114

104

Friday,
Aug. 7.

84
*4
15% *144
*59
15 H 15
___
144
202
200
206 ■205
150
151
10
*9
*50
60% 53%
61%
65%
o
15
144
86
864
30%
294
*127
89
784
7
*35
*60
66% *66
34
5
12
*10
174% 174%
50%
504
44
5U„
59%
624
5b,
4=8
9%
114

.

SaleB
o f the
Week,
Shares.

Range o f sales la 1896
Lowest.

Highfct*

S% Aug. 7 17% Feb. 24
6,362
10
%Juae 8
% Feb. 24
1
13 Mar. 6 44% Jan. 27
16
60 July 20 70 Jan. 2
60
1,51a 15 Aug. 7 19% Apr. 16
15%
1,260 14% Aug. 7 19 Apr. 17
15%
341 200 Aug. 4 217 Jan. 28
201
202 Jau. 29 209 June 1
206
453 150 July 21 171 Feb. 19
151
10 Mar. 3 1 12% Mar. 10
10
15 52% July 10 56 Feb. 28
53
18,892
53% Aug. 7 82% Apr. 24
57=8
64% 16 650 61% Aug. 7 79% June 17
523
4% Apr. 8 12% Jan. 2
5%
1,150 14% Aug. 7 30 Jan. 2
14%
60 86 Aug. 7 97 Fob. 10
86
4,460 29% Aug. 7 38% Jau. 30
30 4
130
129 July 28 136% Jan. 3
2,275 78% Aug. 7 109% May 25
85
1,805
6 % Aug. 6 12% Feb. 24
10 35 Aug. 1 51 Jan. 28
37
65
70 July 1 85 Jan. 28
6 6 % July 2* 70 Feb. 14
66%
560
% May 25 16% July 15
44
9% Apr. 17 17% Mar. 9
11
180 174% Aug. 4 179 May 8
174%
3,745 50% Jan. 7 54% Apr. 23
50%
3,819
1 u Jan. 10 8%« June 16
4%
2,954 59% Aug. 7 72 % May 5
61
75
3 Jan. 23 10 Apr. 21
4%
15,946
9% Aug. 7 20 M ay 18
11

10238 102% 103% 100^4 102% 95% 100% 32,320 95 % Aug. 7 126% Apr. 21
1,125 95 Jan
95
96
7 105% June 12
96
96%
97
98
97
375 195 July 29 203 June 18
195 196%
199 200
196 199
200
15,627 65 Jan. 7 91% J n n e 15
66% 72
72% 75
754 754 "’ 54
230
1% Mar. 7 13% Jan. 31
2
2
14
1=8
*14
” 14
14
112 295 Jau. 3 311 May 22
300 300
301 301
305 *300 305
62%
64 June 18 64 June 18
*
57% 57% 56% 57
185 55% Jan. 20 66 Apr. 2
59
58
58
59%
58
22% 20% 21% 2,839 20% Aug. 7 36% Apr. 15
22
21
23% 21% 23
148 23 July 20 38 Apr. 16
"22
25
24
24
54
54
307 54 Aug. 7 63 Jan. 31
*55
*55%
4<5 21 July 16 39% Mar. 13
*23% 23%
24% 24s *23% 24
22 »s 22% 21% 214
*
*
*
•
*55
60
100 50 Jan. h 78 Apr. 14
55
57
60
60
17
131 16% Aug. 6 21 May 6
17
18
17
16
*17
164 17
18
174
63 38 Aug. 3 46 % Feb. 8
39
33
38
38% *374 39
38
38 • *38
38
k
93
4 87% Jan. 23 96 July 17
95
94%
95 *
95 *
9 Jan. 7 15% June 15
1,243
10% 11
11
94 11
114
114 114
62%
60
63%
1,163 60 Aug. 7 81%.Jan. 2
63
64% 644
644 64%
35
504 34% July 16 67 Feb. 17
36%
37
37
38 % 39
2% Feb. 14
100| 1% June 29
*1*
14
*14
14
*14
1% *138
14
1=8
t Trust recei pts, $0 paid. t Trust rec. 2d instal. paid.
asked prices: no sale was made.

1014
104 105% 102% 104
98% 99
98% 98% 97
199
199 ....... 200 200
75%
77% 77% 75% 76
*14
*1%
2%
18!
14
300 300 *300
300 300
59
24%

24

55% 55%
24% 244
*55
60
*17
18
*38
39
....... 95
1138 11%
65
65
40
40
*l %
1%
* Bid and

260 ,262
........ 45
.......
2%
52%
42%
5
8
140 141
240 250
20
163
12
10
32
30
47
57%
27
57%
10
5
35
50
61
67
55
81
85
10% 11
32
18
2
69
70
62
85

624
85%
236%
60
20
2
14
14
14
10
112 118

M IS C E L L A N E O U S .

G ainey M lu iu g......... (B o s t o \

10

60% 60%
61
15% in 4 *15%
15=9 15%
15% 15% 15% 15% ......
201
201% 201
202
200
203% 204
2038! 2034
206 * ...... 206 * ___ _
*206 *
'...... 206 *
150
151
150
151%
152
152
152
151 ......
4
10
____
_____
53
53
604 61%
57%
64% 653
63% 64% 61% 62%
664
64
654
66%
67%
67%
654
68% 69
5%
5%
5%
54
54
5% 5%
15% 154
15
87
87
87
8 64
87% 87% 87
87
87
30%
30%
30%
3038
30's
30%
30%
*30% 31
1C

Inactive stocks.

Allouez Min’g. asst pd (Bost
Atlantic Mining........
“
Bay State Gas 1)........
“
Boston Land..........
“
Centennial *Mining.—
“
Fort Wayne Elect. 1i..
“
Frankltli Mining......
“
Frenohm'n’ s Bay L’d.
“
Illinois Steel.............
14
Kearsarge M ining....
44
Osceola Mining.... .. .
“
Pullman Palace Car.
44

Thursday,
Aug. 6

*15

16

16

s t o c k

S h a r e P r i c e * — n o t P e r C e n tu m P r ic e * .

*15%

Prices of August 7.
Atlanta & Charlotte (PerJf.). 100
Boston & Providence (Boston). 100
Camden & Atlantic p f. (P h ila .). 50
50
Gatawiesa.................
1st p referred.........
“
50
Central Ohio............. (Balt.) 50
Chicago & West Mich.(Poston). 100
Connecticut & Pass.44
100
Connecticut R iver___
44
100
Consol. Tract.of N.J.ff(P h ila ,). 100
Delaware&BoundBr.
“
100
Flint & Pere M arq...(Poston). 100
Preferred.....................44
100
Hestonville Passeng. (P h ila .). 50
Preferred If...............
“
50
Hunt. & Broad Top...
“
50
Preferred..................
“
50
Kan. C’y F t.8. & Mem.(Boston). 100
Preferred..................
“ 100
Little Schuylkill........(P h ila,). 50
Mine H ill & 8.Haven
“
50
Nesquehoning V a l ...
“
50
North American Co..
44
100
North Pennsylvania.
44
50
Or.8h. Line 2d asst.pdf Boston) .100
Pennsylvania A N . W. (P h ila .). 50
Philadel. & E rie.......
“
50
Rati d ....................(Boston) 100
Preferred...............
100
.100
100
Preferred...............
West End.................. (Boston).. 50
50
P referred..............
“
.100
United Cos. of N. J .. (P h i
50
West Jersey..............
44
50
WeM Jersey & Atlan.
“
Western N.Y. Sc Penn
44
100
Wisconsin Central... (Bost
.100
100
P referred ..............
**
Wore’st.Nasli.&Rock.
44
100

PreferredH .. . . . . . . .

iiA L m to K E

Monday,
Aug. 3.

Inactive Stocks.

rain arack Mining___
Water Power_________
West! ugh. Elec. & M..
Pref., cumulative.

a n d

[Voh. LXI11,

25
%
4
25 15
16
50
8
74
10
3%
4%
10 •15
25
25
2
1
25
9
84
5
l
%
100 38
12
25
9
94
25 22
23
100 138 140
100 14
100 40
25 104 105
25 70
71
100
1
%
50 23
24
50 49
4 94
j &j

L&O

66% 67
21
22
575
77

, 'P ric e Includes overdue coupons.

Bid.

Ask.

Boston United Gas, 2dm. 5s..1939
Burl. & Mo. R iver E xen p t 6b, J&J
Non-exempt 6s.........1918, J&J
Plain 4s......................1910, J&J
Chic. Burl. & Nor. 1st 5,1926, A&O
2d mort. 6s.......... ...1918, J&D
Debenture 6s............ 1896, J&D
Ohio. Burl.&Quinoy4s .1922, F& A
Iowa Division 4 s.....1919, A&O
Chic.&W.Mieh. gen. 5s, 1921, J&D
Consol, o f Vermont, 58.1913, J&J
Current River, 1st, 5s.. 1927, A&O
Det. Lans.&Nor’n M. 7s. 1907, J&J
Eastern 1st mort 6 g,1906,M&8..
Jree.Elk.&M.V.,1st,68.1933, end.
Unstamped, 1st, 6s, 1933...........
K.C. C.& Spring., 1st, 5g.,1925, A&O
K C. F .8.& M . con.6s, 1928, M&N
K.C. Mem. & Bir.,1st,2s,1927, M&8
K.
C. St. Jo. &C. B., 7s..1907, J&J
L. Rock & F t 8., 1st, 7s.. 1905, J&J
Louis., Ev.&St.L., 1st, 6g. 1926, A&O
2m., 5—6 g ........................1936,A&O
Mar. H. & Ont., 6s.......1925, A&O
Mexican Central, 4 g . .. 1911, J&J
1st consol.incomes, 3 g, non-oum.
2d consol, inoomes. 3s, non-onm.
N. Y. & N.Eng,, 1st, 78,1905, J&J4
I 1st mort. 6s.............1905, J&J
Ogden. &L.C.,Con.6s...1920,A&O
Inc. 6s................................. 1920
Ru tland, 1st,6s......... 1902,M&N
2d, 5s....................... 1898,F&A

Bonds.— Philadelphia

Atlantic City 1st os, g., 1919,M&N 101 102%
Buffalo Ry. con. 1st, 5s......... 1931
Oatawissa, M .,7s................ 1900,F&A
108%
Choc. Okla. & Gulf, prior lien 6s..
107
80
Citizens’ St.Ry.of lnd.,con.5s.l933
Colurnb. St. R y „ 1st, con. 5s.. 1932
Coiumb. O. Crosstown, ls t,5s .l933
Consol. Tract, of N. J., 1st,58.1933 77
Del. & B ’d Br’k, 1st, 7a. 1905,F&A 120
Easton & Am. lst,M.,58.1920, M&N
Elec. & People’s Trac. stook, tr. otfs 62% 62%
Elmir. &Wilm., 1st, 6s. 1910, J&J. 120 I........
Hestonville M. & F., con. 5s.. 1924 1 1 0 % '......
Hunt. & Br*d Top, Con. 5s. ’95, A&O ...... 1106
Lehigh Nav. 4%s.........1914, Q—J 109%[.......
2d 6s, gold................ 1897, J&D 103 !.......
General mort. 4%s, g . 1924,0—F 100 j.......
Lehigh Val.Coal 1st 5s,g. 1933,J&J ........I 96%
Lehigh Valley, 1st 6s... 1898, J&D ...... 104%
2d 7s.........................i9 io , M&S ........134
Consol. 6................... 1923, J&D
Newark Passenger, con. 5s... 1930 98 IIOO"
North Penn. 1st, 4^___1936, M.vN 108% 109
Gen. M. 7s.—. ..........1903, J&J 117% 117%
Paterson Railway, consol. 6s.—
Pennsylvania gen .6s, r..l910, Var 130 1131
Consol. 6s, o
_______ 1905, Var ....... ;1L9%
Consol. 5s, r ....................... 1919,Var
Collat. Tr. 4% g ...... -1913, J&D 105 I
P a .& N . Y. Canal, 7s..
< 6,J&D 124%
Con. 5s....... .............. 1939 A&O

II Unlisted.

4 And aoorued interest.

Bondtt

Bid. A sm,

91
People’s Trao. trust certs. 4s.. 1943
Perfaomen, 1st 8er.,5B.191S, Q—J 101
P h ila .* Erie gen. M. 5g.,1920, A&O 115
Gen. mort., 4 g . . . . . . .1920, A&O 102
68%
Phila & Bead, new 4 g., 1958, J&J
1st pret. lnoome, 5 g, 1958, Feb 1
2d pref. income, 5 g, 1958, Feb. 1
3d pref. lnoome, 5 g , 1958,Feb. 1
2d, 5s..................................1933,A&O
Consol, mort. 7s........ 1911, J&D 126%
Consol. mort. 6 g ........ 1911, J&D
1improvement M. 6 g., 1897, A&O
Con. M.,5 g.,stamped,1922,M&N
Terminal 5s, g ......l9 4 1 , Q.—F.
Phil. Wilm. & Balt., 48.1917, A&O
Pitts. O. & St. L., 7s....1900, F&A
Koohebter Railway, eon. os ..1930
8chuyl.RJE.8ide,1st 5 g.1935, J&D 103
Union Terminal 1st 5s.........F & A

92

68%

127
104*
101
108
104%
102
104

Atlanta<&t!harl.l,tis t7 s fi9 0 7 , J&J 115 116%
85
Baltimore Belt, 1st, 5s.1990, M&N
Balt. C. Pass. 1st 5s— 1911, M&N 113 114
Balt. Traction, 1st 5s.. 1929, M&N 108 108%
1
Exten. & impt. 6s....1901, M&S lo 3 % 104
No. Balt. Div., 5s...... 1942, J&D 105% 106%
Baltimore & Ohio 4 g., 1935, A& O 102
Pitts. & Conn., 5 g ... .1925, F & A
Staten Island, 2d, 5 g.1926, J&J:
99
Bal.&Ohio 8.W.,lst,4%g.l990, J&J1
CapeF.&Yad.,8er.A.,6g.l916, J&D!
Series B., 6 g — ........1916, J&D
Series C., 6 g ...... . ..1916, J&D
Cent. Ohio, 4% g ........... 1930, M&8
Cent. Pass., 1st 5s.— 1932, M&N 108 110
City & 8ub., 1st 58_____ 1922, J&D 105 109
Chari. Col.&Aug.ext.5s.l910, J&J 100 100%
CoL & Greenv., 1st 5-68.1917, J&J 102 104
66% 70
Ga. Car. & Nor. 1st 5 g ..l9 2 9 , J&J
Georgia Pao., 1st 5-6S...1922, J&J 102 108
North. Cent. 6s .............. 1900, J&J 107%
6s . . . . ...........
1904, J&J 109
Series A, 5s................ 1926, J&J 112
4 % s...........................1925, A&O 106
98 101
Piedm.&Cum., 1st, 5 g.1911, F&A
Pitts. & Connells, lst.7s.1898, J&J 10i% 10i%
80 | 80%
Soathern, 1st 5s...... .. 1994, J&J
Virginia Mid., 1st 6s. ..1906, M&8 109 111
2d Series, 6s............... 1911 M&S 111 113
3d Series, 6s..............1916, M&S 110 112%
4th Series, 3-4-5s......1921, M&S
5th Series, 5s............ 1926, M&S "98“ loo”
West V a C. & p. 1st, 6 g.1911, J&J 100 1U2
Weet’s. N.C. Consol. 6 g.1914, J&J 102 105
Wilm. Col. & Aug., 6s.. 1910, J&D
M IS C E L L A N E O U S .

Baltimore Water 5s... 1916, M&N
Funding 5s.— ...... 1916, M&N
Exchange 3%s........... 1930, J&J
Virginia (State) 3s, n ew .1932, J&J
Funded debt, 2>3s.......1991, J&J
Chesapeake Gas 6a...... 1900, J&D
Consol. Gas, 6a...... ... 1910, J&D
5 s................................1939. J&J
Equitable Gas, 6*
is 1'=„ 4&■ \

121
102% 103%
70
54
112% 113%
100 1102

THE CHRONICLE-

ACGCST S, 1SU6.J
NEW

YORK

S T O C K . E X C K A .N U E

R a IL K O U ' A N D
M IS C E L L A N E O U S B O N D S .

P R IC E S ( C o n tln u e d l-A C T / C #

.

Clotting Rang?, (salts) in 1896
„
P r i c e ----------------------------Penoit xu g .~ .
Lowest.
Highest.

221

B O E O S

A U G .

7

A X D

FOR

C lo s in g

R a IL B O A D AMD

Mis c e l l a n e o u s B on d s.

I n l ’st Price
Period A up. 7.

Y E A R

IS 9 6 .

Range (sales) in 1896.
Lowest.

Highest.

103%b. 103% Aug. 111% Jan.
76 Aug. 87 Feb.
M. K. & Texas.—1st, 4s, g.1990 J A D 76
. . . 4a, g ...... 1995
- —’ 5 Q—J
44%
69
65 Aug. i 72 Feb. 1 2d,4a, g ..........................1990iF ^ A
44 Aug. 63% Feb,
Ann Arbor.—1st,
78 b. 78 July 97 Jam
At.T. AS.F.—New gen. As.1995 A A O 69
08 ‘a Aug. ; 81% Feb. . Mo. Pae.—1st,con., 6g..... 1920 M A N
29
28 “a Aug. ! 51% Feb. ,1 3d, 7s............................. 1906 M A N
Adjustment 4a................1995 Nov.
100 May 112 Jam
Pao. o f Mo.—Is t,ex .,4 g .l9 3 8 F A A 100 b. 100 Aug. 104% June
Col. M idland-Cons.,4g. 1940 F A A
20
I19ia July 127 Feb.
35
2d ext. 5s................... 193S J A J 100 b. 105 May 106 Apr.
40 Mar. I 50 A p r l|
Atl. A Pae.—Guar. 4s
.193"
B'way&7thAv.-lst.con.g.5i5'43 J & D 114
1113s Jan. ! 117% Mav
St. L .A Ir .M t.ls te x t„ Ss.1897 h A A ' 98 a. 99 Aug. 102% Jam
B
b.
2d,
7 g.........................1897 M & N 100 a. 100 Jan. 103% Apr.
,102
Jan.
i
70
July
A
A
O
77
Brooklyn
Kiev,
let,
6
g----1924
Broo: .
Elevated.—6 g .. . . 1937 M. A N
75
1 75 Ju.v 100% Jan
Cairo Ark. A Texas. 7g.l897 J A D 99 a. 99% July 102% Slay
Union Elevated.—6g----------..
B’ klynWhrf&W .H—lst,5s,g.,45 F A A
90 b. 90 Aug. 101 May 11
Gen. R’ y A la n d gr.,5 g .1931 A A O 69 %a. 68 July
81% Mar
Canada Southern.—1st, 5sTl9o0 J A J 1055s 1051s July 110% June M obileAOhio—N e w 6 g
1927,J A D 109 b. 117 Jan. 120% May
General mortgage, 4s...1938151 A S 57
2d, 5«.............................. 1913 M A 8 100 b. 100 July 107 Feb.
57 Aug. 68% Feb.
103 b. 107% Apr. 110% Mar. |Nash. Ch-ASt-Ll—1st, 7s.. 1913 J A J 120 b. 127 Feb. 132 Juue
Central of N. J.—©ens.,7a, 1899 _Q - J
ConsoL.Sg.....................1928! A A O
95
ConsoL, 7a..................... 1902 M A N . . . . . . . . . IIS 's Feb. 120 Apr.
. 93 July 102 Feb
Y.Central—Dehtext.4s 1900 M
A N
Au g 120 June N .
102
b.[100% Jam 103% A p r
General mortgage. 5 g...l9 8 7 J A J 110 b. I l l
Leh.A W.B.,eou.,7»,as’d,1900 Q—M 102 %a. 102 July 100 Feb. ! ls 4 coupon, 7s...............1903| J A J 114%a. 114% July 120% Star
%b. 104% July 109 Feb.
Deben.,5s, ooup., 1884..1904 Si A S 104
“
mortgages*. 1912 M A 5
....... 90 Apr. 92% Mar.
-------N. Y. A Harlem, 7s, reg.,1900 M A N I l l b. 111% Slay 111% June
111% Jan. 114% Slur.
Am. Dock A Imp., 5s— 1921 J A J 110
B.W. A OgiL.oonsols, 58.1922 .A A O
115 July 119% Feb.
99% Jan. 104 MaiCentral Pantile. —Gold, 6s. 1898 J * 3
Che*. AOhio.—Ser.A, 0g..l9O8 A A O T ll0 % b 115% Apr. 119 July
West Shore, gnar., 4s___ 2361 [J A J 100% 100% Aug. 107% June
1937 A A O 102
102 Jam 105 Feb
' 114% Apr. 11s June N. Y. Chlo. A S4 L.—4
ilortgage, 6 g ............... ,1911 « ? 2
N. Y. Lack. A W.—1st, 8s. .1921 J A J ......... 129 Jam 133% June
100 July 111% Apr.
IstoonsoL, 5 g .................1939 ) J 1 V 100
Construction, 5s............1923 F A A ........
67 Aug. 78% Feb.
67
112% Star. 115 June
General 4 ■as, g ...............1992 M A 8 MRR .A A.D lv., lsteon., 4g.l989 J A J 93 a. 91% Jan.
97% June N.Y.L.E.AW .—Ist,eon..7g.l920 M A 8} ........ ......
135 Jam 140 Feb.
75
Long Doek, consol., 6 g .1930 A A U ’*132%a.; 131 % Apr. 131% Apr.
"5 Aug. 88 June
“
2deon. 4 g..1989 J A J
N. Y. N. 1L A H.—Con. deb. etfs A A O 129 %a. 131 Mav 137 Feb.
Elix. Lex.AB lg.8an.,5g.l90C M A 8 ' 92 b. 98 Jan. 102% Feb.
82 Julr
112 Aug. 120 June : N.Y. Out. & W.—Ref. 4s, g.1992 SI A 8| 82
Chie. Burl. & Q,—Com 7s.l9o3 3 A J 1 1 2
93% Feb.
‘JO a. 8 v J u.y 101 % Apr.
Consol., 1st,5 s,g ...........1939|J A D '105 b.|i02
debenture, 5s................ 1913 M A N
July 110 Feb.
93 a. 90 July 100 Jam
C on vertibles*.............. 19C3 M A 8 9 5 b. 97 J uly 104% Feb.
N.Y.8US.A W.UtraLJSe, g.l937,J A J
8 7% b . 90 July
Denver Division 4 *....... 1922 J A A
95% Jane !j Midland of N. J., 6s, g. . . 1910 A 4c O
113% Mai- 118 Mar.
80
Norf.AW.T-100-year.ae,g.l990|J A J .
80 Aug. 91% Feb.
Nebraska Extension, 4s.1927 M A N
80 Jam
67 Feb.
L14
b.
;
114
No. Pacllle—1st, coup. 8g. 1921 J A .1 108 b.1110 Aug. 118 Mar.
Han. ASt. Jos.—Cons.0s.1911 M A 8 ’ 11 1
Aug. 118 % J an.
Do. J. P. M. ,k Go. eertfs...... ..........' 110
113% June 114% June
Cblc. A E. HI.—1st,*, t. 08.1907 J A D H U b.)l112 Jan. 117% May
ConsoL 6g...................... 1934, A A O
123 J a n . 127 June | General. 2d. ooup., 6 g.,1933 A A O *104
100 Jan. 1115% J’ ue
General oonsoL, l » l 5s.. 1937 M A 5 ' 9 7 %a. 98 J .ly 102% Apr.
GeneraL 3d, coup., 6 g .. 1937 J A D t 62 a. 159 in ly
82% Mar.
Chicago A Erie.—1st. 5g . . l 9S2 M A N 1 0 2 % 1 "2 July 1112 Feb.
31% Jam 151% Apr.
Consol, mortgage, 5 g . . . 19811 J A D t 30
Ool. trust gold uotea.dc. 189s M A N ! 82%a- 70% Jam
87 Jttly i 93% Feb.
Chic. Goa I.. AC .—1st, 5a .1937 J A J
94 Apr.
Chle. A N. Pae., 1st. 5 g.,1940 A A il l 36
Chle. M il.A St. P.—Con.7*. 1905 J A J 12 0 b. ]123 Jan. 1132% June
136 Aug. 148% Apr.
104 b. 108%
1
Aug. 118 May
8eaL L . 8. AE .. laL.gu.0.1931 F A A| ........... 136
__ Mar. 144% Feb.
1st, Southwest D lv „ 6s..1909 J
n o a. 110%
Aug. 1118% June I No. Pao. * Mqstt.—6g .......1938 M A S M 27 b. 126 Jan. 139% Apr.
1
1st, So. Minn. Dlv., 6s . 1910 J
108 b . 108%
I
July 115% June No. PaolfloTer. Co—6 g ...1938 J A J * 97 %h. 99% Aug. 109% June
lst,Ch.A Pae.VV.DlV.5s .1921 J
10
5 a . 1103 July 111 June Ohio A Miss.—GomaL, 79.1898 j A J ...........103 Jan.
Chlo. A Mo. IllV.Dlv.,5s.. 1926 J
104% May
io n
h103
Aug. 112% Mar. Ohio Southern—1st, 6 g ... 1921 J A D
73%U. 70% July
Wise. A Minn., Dlv ,5g...i921 J
94% Feb.
1 1 2 a. ]108 Jan. 114 June
General mortgage, 4 g.,1921 “M A N ! •“
10 b.. 25 Jam
35 Feb.
Terminal, 5 g.......... ....1914 J
9 1 a. 92% Apr.
Gen. M., 4g., series A ----1989 J
98 J une| Oregonlinpr.Go,—Is t 0 g ..l9 lu J A Di- 75 h. 7.5 July 01% Jam
ConsoL.bg ..................1939 A A O '1 7 b. t 7 July I 38 Jam
1 1 7 a. 1! 1 5 % J a n . 1119 May
MIL A Nor.—i*t,com,0*. 1913 J
J u ly II Al Jan.
O r e .R .A N » v . C o . - lit , 6 g .l 9 0 9 j A J "10 3 b. 105 Jan. 112% June
. . . 138
1
Ohio. A N. W.—ConsoL,7s.1915 Q - F
C o n s o l.,55 g .........................
.....................1 9......
2 5 J A D 'r 9 0
Coupon, gold, 7 s .....___ 1902 J A D 110% 1 1 6 % July 120 May
b. 190 ......
Jam [198 Feb.
Penn. Co. ~4%g.coup...... 1921 J A J ........... 108%Jan. [113% June
112
J a n . 110 Mar.
Sinking fund, 6s............ 1929 A A O
Sinking fund. 5s.............1929 A A 0 ' 104 %b. 10 4 % A u g . I I I
P.C.C.ASt. L-.oum gu 1%. 1942 ----- ! ............ 105% Jan. 112% Feb.
Mar.
Sinking fund, debett.. 5 «. 1933 M A N "105 b 107 J u ly 1111% Apr.
Peo. Dec. A Evausv.—0 g.1920 J * Ji 98%b. 98% July 1102 Mar.
Evans. Division. 0 g ......... f f ijo SI A 8 • 101 %a 101 Mar. 101 Slar.
25-rear debenture, 5*. .1909 M A N 100 a. 103 J a n . 1107 Apr.
Extension, 4s............... .1926 F A A *' 9 8 ‘oa. 99% July 102% Apr.
2d mortage, 5 g .................1920,M A N|*t28 ml 20
Mar. 31 Fen.
Chle. a i.A P a c .-6 s .e o u p .1 9 1 7 J A J 120 b. 124 J u ly , 13u June
_
Aug. 180% June
24%
9 5 A u g . 106 June
Extension and coL, 5s... 1934 J A J 9 5
ls tp f. lno.,5g, 2d Inst. pd.'5s
18 % J am 136% Jam
30-year debenture. 5s. ..1921 M A .9 • 89 %b. 8 9 % A u g . 97% Fob.
5% Jam 122% Jam
2dpf.luo.,5 g „ 2d Inst. pd.’58 ......
11%
10
Ohio. 84 P. M. A O .- 0 * ...1930 J A D • 1 1 7 b 1 7 Ju li- 129 May
3dpf.u>o..5 g.. 2d tint, p d .-'is .........
3% Jam 120% June
• 6 a.’ 65 Mar. 77 Jam
Ohle. AW. I ml. —Oeu. .g.,0*. 1932 4 -M •1 1 1 b H S J u ly 118% Feb. 1Pittsburg A Western— t g . 1917 J A J
Cleveland ACanton.—5 *.. 1917 J A J * ’t 70 b. 1 7 0 A u g . 90 Jan.
Rio Gr. Western—1st 4 g .1039 J A J 04
84 Aug. 77% F elt
Clev. Lor. A WbeeL—5s... 1933 A A O • 100 b. 104% A p r. 107% Mar. St. Jo. A Gr. Island—0 g . . 1925 M A N 40 a. 40 Feb. 151 Jan.
J a n . 134% May
C. C. C. A I.—Consol. 7g .1914 J A D
St, L. A 8 aa F r .- 6 g , GL B. 1906 St A N , 107 b. 111% Jam 117% Apr.
G eicra l consol., 6 g........1934 J A J 1 2 1 a. 1 2 5 M a y 127 Mai6 g., Class C ...................1906 M A
N 107 ' 112 Jam 118 Apr.
C.C.C A 8 4 L .-P eo .A X .,4s. 1940 A A O GO b. 00 A u g . 80 Jan.
General mortgage, 6 g . 1931 J A J ........... 101% Jam 114 June
18 % M ar.
Income, 4s....................1990 AprlL
Oou*. guar. 4s, g............1990 A A OAM
t 2.5
b
"
b. 23 May
23 Jan.
38 Mar.
CoL Coal A Iron—6g......... 1900 F A A *1 9 5 b. 9 4 % J a n . 100 Jan.
8t L. A 80. W .- ls t , 4s, g.1989 M A
N 88
67% June 70 Feb.
OoL A 9th Ave. gk. 5s, g.. 1993 SI A 8 1 1 3 % . 1 1 A p r. 115% July
2d, 4s, g., Income...........1089 J A
J 23%
H23% Aug. 32 Feh.
0 h P .M .A M .-D a k.K x.,0g.l9 1o M A N 112 b. 117 July 121% Mar.
0>LH. V al. A Ton—Com,5g. 1931 M i » ' 81
8 1 J u ly ; 90 Feb.
Jam 124% June
General, 6g.................... 1901 J A D 83 b. 80 J a n . > 90 Apr.
lstconsoL.d g ..... ...... 1033;J A J -110 b. 117
D eav.A KloGr.—lst,7*,g.l90O SI A N
1 1 0 % J a n . 114 Apr.
J A J -104%a. l01% Jam 100 J une
reduced to 4%
Montana extension, 4 g. 11)37 J A 1) • 87 b. 84 % J une 89 Feh.
83 J a n .
IstoonsoL, 4 g _________ 1936 J A J S3
92 May
Dul. 80. 8h, A A tl.—5 g ....1937 J A J 0 3%
19
9 2 % J u ly
49 July
59 Feb.
98 % J une Nan.Ant.A V. P.—lst,4g.,gm ‘43 J A J
Edison EL III. —lst.com g.5s.'95 J A J •101 a. 9 7 % J a n . 105% June 80. Car. A Ga.—1st, 5 g . . .1019 M A N; 95%a. 93 Jam
97 Apr.
80. P a o lfte,A rts.-0 g... 1909 10 J A J • 83%a. 94 Feb.
E rie—4, g, prior bonds.... 1996 J A J *' 85 b. 88 J u ly | 95% Feb.
97 Feb.
General, 3-4, g ...... .....1990 J A J I 5 6 a. 5 7 % A u g . ! 07 Apr.
80. Pacllle, Oat.—0 g . . . 1905-12 A A 0 *111 a. 107 Apr. 112 July
F4 W. AD en v. (? lty .-«g ..l9 2 1 J A D 49 a. 4 8% J u ly I 70% Feb.
1st cousoL,gold, 5 g .....l9 3 7 A A O 90 a. 89% Aug. 92% Apr.
80. Paciflo, N. M .- 0 g ____1911 J A Ji 102
9 0 J u ly
93 Jan.
Gal.H.ASan.An-M.AP.D.U45g M A N 00
100 Feb.
Gen. Electric,deb. 5 s,g... 1922 J A D 85 u. 8 5 J a n .
Southern— 1st eon*, g, 5s.1991 J A J 79
f79 Aug. 94% June
93% Feb.
£. Team reorg lien 4-5*. 103s M A 6, JO a. 90 Mar.
HoO*. A T. Cen4 gen. 4s, g.1921 A A O
08 A p r.
93*4 Feb.
71 Apr.
Illinois Central.—4s, g...... 19.53 M A N • 100 a. 99 J a n . 102 Feb.
E.T. V . A G . - l* t , 7 g . . . . l9 0 0 J A J 10a a.I 107 Jan. 111% June
Western Lines, 1st, Is, g 1951 F A A 9 *
98
A u g . 103% July
Con. 5 g ...................... 1950 M A X 100^
IOO July 109% Apt.
InLAG reat Nor.—U40*.g. 1919 SI A N 1 1 3 b 114 J u ly 118% Apr. ;| Georgia Pao. Ist5-6s. g ,1922 J A J
110 JaiL 114 Jam
60% Aug. ; 77% Feb.
2d, 4-5*......................... 1909 M A 8
112%u. 113 Feb. 110 May
66%
Knoxv. A O h io l*tU *.g .1925 J A
Iow a Central.—1st, Sg__ 1938 J A D
Rich.
ADanv.
00m
0*,g.
1915
J
A
a s b. 89 July
11a a>! 114 July 121 *4 June
98 May
Kings Co. E ler.-ls t.5 g ..1 9 2 5 J A J • 5 9 a. 57% July 71 Jan. , W e*LNo.Carl»toon.0s.g 101 i J A J 100 b. 104% July 114 Apr.
93 Feb.
Laclede U a s .-ls t, 5 *,g ...l9 1 9 <4—F
88%
Aug.
Team 0 . 1. A R y—Tern D.lst, 6g A A oi 75 a. 89 Jam
90 Jan.
88%a.
Lake Erie A West.—5g___ 1937' J A J 110 b. 1 1 3 J a n . 117% June
Birmingham Dlv., 6 g . . .1917 J A J H2 ft. ao July 95 Feb.
108
Aug.
Texaa A Paolflo—1st, 5 g .2000 J A D 74
L . S h o r e .- C o n ,e p .. l * t , 7 s . 190 0 J A J 108
74 Aug. 91 Apr.
116 Jan.
2d, Income, 5 g ...... .....2 0 0 0 March
C o n so l, c o u p .. 2d , 7 s ___ 1903. J A D | ............... 116% June 120% Mar
15%
14% Aug. 24% Feb.
b.
L e x . A v . A P a v . F . g u . 5 * ,g .l9 9 3 M A 8, 1 1 1
105% Jam 109% June
111 Jan. 115% July Toledo A Ohio Cent.—5 g. .1935 J A J 101
L o n g I s la n d . - 1 s t eo n ,5 g . 1 9 3 1 *4—J
.............. 117% Jan. 120 Feb.
ToL SL L A Kam 0.—0 g. ,.1911) J A D
02% 102% Aug. 177 Feb.
Union Pacino—0 g ............ 1898 J A J
102 Feb. 107 May
G e n e ra l m o r t g a g e ,4 g .. .l 9 3 s , J A D • 8 9% b. 90 lAug. 1 98 Jan.
Ext, sinking fund, 8...... 1809 Si A 8
Lottla. A .N a s h .-C o n s . 7 « ..1 8 9 - A A O' 10 3 % b . 104% Apr. 108% Mar.
80
SO Aug. 97% Feb.
114 Aug. 119 Feb.
N .O .A M e b U e , 1 * 4 0 g . . . 19 3 0 J A J 1 1 4
* 4S May 154% Feh.
98 Jam
“
“
2 d .6 g . 1 9 3 0 J A J
95I b. 97 Jan. 102% May
91% May
G e n e r a l, 0 g ..........................19 3 0 J A D 113 b. 112% July 1117% Apr.
Kam Pae.-D em D lT.,6g 1800 M A N
106 Jam 111% July
U n ifie d , 4 g . ......................... 1 9 4 0 J A J
IstoonsoL. 0 g ............1919 M A N
0O July 177% Feb.
70 a. 69% Aug. | 80% Feb.
100 b. 1100 JftU. 115 Apr.
L o u ts.N . A . A O h .— I » t ,6 s .l 9 1 0 J k J
110 b. 110% July [114 June
C o n so l., 0 g ............................1 9 1 0 A A O
48
89 July 103 Fel>.
90
140 July ♦ 70 Feb.
M a n h a tta n co n so l. 4 s ........199 0 A A O
40% Apr,
U.P.Den.AGuif,eon.,a g. 1930 J A D| 20 b. 20 July
90% Aug. 99% Mar.
90%
19 a. IlSHa Ann. t30% Feb
M e tro . E le v a te d .- 1 * 4 6 g . 1908 J A J 112 b. 113% Aug. |120% Juue U. 8. Cord.—1stool.,6 g ..,1 9 2 t'J A J
Virginia Mld.-Geu.5L, 5s. 1936 M A N 93 b. 9.5 July 105 Apr
2 d ,0 s .......................................1 8 9 9 M A N
1 0 1 %a. 103 July 1108 Apr.
M ich . O u t . — l* t ,e o n * .,7 » . 19 0 2 M A N 111
Wabash—1st, 5 g ............. 1939 M A N
99
111 Aug. 119 Jan.
99 Aug. 109 Apr
C o n so l., 5 s ............................19 0 2 St A N
103 July 108% Feb. I 2d mortgage. S g . .. . ...... 1939 F A AI 05
05 Aug. 77*4 Feb.
M il.L a k e 8 h . A W.— l s t . f l g . l 9 21 M A N •12
__9 a! 129% Jan. 132% Apr.
W estN. Y I A Pa.—Ia t,5 g .l9 3 7 J A J ■100 b. 102% July 108% May
49 \ Feb.
E x te rn A Im p .. 5 g ............ 1 9 2 9 F A A * 1 1 0
Gem 2-3 4s, gold...........1943 A A O • 40%a. 37 July
109% Ang. 115% May
West-UmTeL—CoL tr. 5S..1938 J A J *103 a. 104 July 108 % J une
M ln n .A S C L ,— I * t c o n .5 * o 4 l9 3 l M A N .......
90% Jan. 103% Apr.
M o. K . A E .— 1 s t 5 s . g ., gti.. 1 9 4 2 A A O
88
Wise. Gent. Co. Is t 5 g ...... 19371J A JI?1 25
86 Jan. I 94 Feb.
125 Alii?. t46 Fob
A m e r. Cotton Oil, deb., 8g. 1900 4i—F

g...

j 1-

N ote .—**1>" Indicate* price hid; " a " prtoe asked; the range I* m a le up from actual sal^s only.
N E W Y O R K S T O C K E X C H A N G E T R I C E S — (C o n t in u e d ). —
SECURITIES.

Bid.

SECURITIES.

, Balt. A O hlo-5s, gold............1925!
R a ilr o a d B o n d s.
Cons, inert., gold, 5s......... .1988'
(Stock £sekang« Prices. >
J
!
L W Va. A Pitts.— 1st, g., 5s..1990.
Alabama Mid. le t,g , gnar. .1928; ..................
B. A O .H .W ..1st. g.. l% s ...1990,
Atom Topeka A San Pram —
Monon. River, 1st, g., g. 5»..1919|
Chicago A 94. Lorn—1st, 6» .1915, ....... |.........
Ceut’l Ohio R e o r.-ls t,4 % ». 1930
C o l . M i d . 1 s t , m , 6 s ................. .1930'
...... I........
Ak.ACh.Jann.—1st, g.Ss.ga, 1930
Att. A Pan.—2d W. D., gu. 8s 1907, ....... |........ ; Brooklyn Elevated-2d. 5 *..1 9 1 5
Western Division Inoomo. .1 9 1 0 ,........
L
8 f;is ld e A B .B .-U I,g .'S ,g u .ln i2 :
B alt A Ohio- 1st. 6s. Park B 1919 ....... ......... Ilr'klyn IUp. Trnn. Gold, 5S.194.-)

* Latest prloe tills week.

IN A C T IV E

Bid.

B O F O S -A U G U S T

SECURITIES.

I Trust receipts.
7.

Bid.

Ask.

Brnnswlck A W'n—1st, g.,4».1938 ....... 1........
BulT. Rooh. A Pitta.—Gem 5s..19371 95 ........
Rooh. A P.. 1st,0s..............1921 ..................
Ronh. A I’ ltts.—Oon*.l»t,Cs.l922 107 .......
[BulT. A .4usqueh.—1st,5 s,g . 1913 ....... ......
[Burl.Cod. Blip. A No. 1st, 5s. 190(1*....... 104
; Consol. A collat. trust, 5s.. 1934' ....... ,........
] Mlnm A St. L.—1st, 7s, gu. .1927 .................
C«d. Rap. I. F. A N., lHt.6s.1920 ....... .......
1st. 5a............................. 1921........... ....

THE CHRONJCLK

222
NEV»

KUUk

SECURITIES,

STOCK. E X C H A N G E

Bid.

O.Ohlo—Oo). *.Cln.M.lBt,4%s.l931
Oent. RR. A Bank. -C ol. 5^.193': *.......
Cent, of N. J.—Conv.(lob., 68.1908
Cent Pacific—Gold bonds, 6 b,1897
Gold bonds, 6a................... 1898

Louis. A Mo. R lve r-

Ask.
95

io i%

1st, L a C. A Dav., 5s.. . . . . .
1st, H .A D., 7s................ .
1st, H. A D „ 5s................
Chicago A Pacilio Dlv., 6s.
Mineral Point Dlv. 5s........
0. A L. Sup. Dlv., 5s.........

■Ohto.ANorw.Iow a MidlandMil. A M a d —1st, 6s.

Ch.R.LAPKeokuk & Dos M.—1st, 5s.

On. D .A Ir ’nClev. Ak. A Col.0 .0 .0 . A St. L.QX.IMIL.MIV.—(-oUCU(.(o I/tS-g
Spring. ACoLDiv.—1st,g. 4s

Consol, 6 s ......................
01n.8an.ACl.—Con.lBt-g.5i
Indiana B. A W.—lst/pf.7
O insol. sink. fond.

1st, oon., guar.,
Warren—2d. 7s ..

Rens. A Bar. 1st, coup., 7
Denv. Tramway—Cons. 6s, f
Metropol. Ry.—lst.gu. g.6
Denv. A R. G.—Imp.,g., 5s.
Det.M. A M.—L. g. 3%s,serJ

Evans. A Terre Haute —
le t, general, g., 5 s............

SECURITIES.
Evans. <fc Indian.—let, cone..1926
Flint & P. Marauette Mnrt, . fip.
.....................1920
1st. con. gold, 5s................1939
Pt.H uron Dlv.—1st, 5s — .1939
n a . Cen & P e n .- le t g. 5s.... 1918

Bid.

Ask.

113
92
80
103

*
103
114
120
114
114
120
120

Spring!. Div.—Coup., 6s....1898
0. 8t. L. A N. O .-S en .l., 78.1897
1st, oonsol., 7s................. 1897

Chlo. Barling. A Q.—5s. 8. f.,1901 *99
Iowa Dlv.—Sink, fund, 6s.. 1919 102
92

lst, 7s, $ g., R. D ..
l i t , I. A M., 7s___
l i t , I. & D., 7s___

.—IN A C T IV E BONDS—{Continued)— A

52
Ft. Worth A R. G.—1st g., 5s..1928
Gat. Har. A San A n t—1st, 68.1910 k
96%!
2d rnort., 7s....................... 1905
*97 ....... Ga. Car, A Nor.—1st, gu. 5s, g.1929
Grand Rap. A In d —Gen. 5 s..1924
Housatonlo—Cons, gold 5s. — 1937
*92
N.H avenAD erby, Cons.5s..l918
"101
Hous. A T . C.—Waco A N. 7s..1903 125
*102
*
102
Debent. 6s, prim A int. gtd.1897
m
m
r
n
m
m
m
Debent. 4s, prim A int. gtd.1897
*114^ ...... Illinois Central—1st, g., 4s... 1951 "110 ........
*100
G ola4s
...............1952
......

Chicago & Iowa D iv.-

P K IC E S

rvo L

98
104

Ced. Falls & Minn.—1st, 7s. .1907
lnd. D. & Spr.-^ist 7b, 1906, trust

Ind. Deo. A W.—1st, g., os— 1935
Ind. Ills. A Io w a —1st, g, 4s.. 1939
1st, ext., g. 5s.................... 1943
Int. A G. N’n.—3d, 4s, g ....... 1921
Kings Co.-F.El.,lst,5,g.,gu. A. 1929
123
Lake Erie A West.—2d g., 5s.1941
North’n Ohio—1st, gu. g. 5S.1945
L. 8. A M.Sou.—B.AE.—N ew 7s.’ 98
n et M .fa T 1st, 7s .........1906
i0 2 ~
..
110 112
Lake Shore—Div. bonds, 7s. 1899
........
Kal. A ll. A G. R —1st gu. 58.1938
Mahon’g Coal R R —1st, 5s. 1934
100
.......
Lehigh V,,N.Y.—1st gmg.4*38.1940
Lehigh V.Terim—1st gu, 5s,g.l941
106
Lehigh V ’y C o a l-le t 5s,gu.g.l933
* ....... 117
Lltohf. Car. A W est—1st 6s. g .1916
*1021*
L ittle Rock A M.—1st, 5s, g ..l9 3 7
*...... 108
Long Island—
.......
1st, 7s ............................. 1898
.......
. .. .. .
Gold" 4s. ... .................... 1932
...... .......
N. Y. <feR’way B.—1st, g. 58.1927
*114
2d morfcg., ino..................1927
.......
N.Y. &Man.Beach.—let, 7s, 1897
.......
N. Y.B.&M.B.—le t con. 5s,g.l935
Brookl’n&Montauk—let,6s. 1911
........
1st, 5 e ............................. 1911
* ____ 130
No. Shore Br.—letcon.5a,g.l932
Louie. Evane.&St. L.—Con.5e.1939
•65
Louie.&Naeh.—Cecil. Br. 78..1907
......
E. H. & N a e h 1 st6e, g ....l9 1 9
*
100
St. LouieDivieion, iet, 68... 1921
122
2d, 38.............................. 1980
*104
Naehv. & Decatur—le t,78.. 1900
v114
S. f.,6e.—S. <fe N. A la ...........1910
' * ....... 104
* ....... 102
........
.......
........
*90
.......
.......
.......
.......
i ........
......
.......
1*.......
L .......
L *104
J *100
3 .......
7 .......
; ........
L .......
0*108
L .......
5 *.......
> .......
7 *.......
i .......
8 *117
1 .......
> .......
L .......
3 .......
i .......
o 93
o .......
7 *......
j .......
J 112
3 *106%
J *.......
3 ......
3 ...... .
5 .......
3 .......
3 • .......
2 .......
3 *103

Pens. A At’. - 1st, 6s, go ld ... 1921
L.&N. & M.&M.—let,g.,4^81945
Naeli.Flor.&S.—let, gu., 5e.l937
Kentucky Central—4s, g_.. 1987
Lou.&J ell. Edge Co.—Gu,g,4e. 1945
Lou.N.Alb.&Ch.—Gen.m.g.5e.l940
Memphie & Chari.—6e, gold.. 1924
Mexican Cent. Coneol.—4s, g.1911

----97
.........

'W
........ ib’ j "

*
A

101%!
109%

.......

2d, inoome, 6s, “ B ” . „ ...... 1917
Michigan Central—6e............1909
Coupon. 5s.......................... 1931
Mortgage 4s....................... 1940
Bat.O.AStrgis.—Ist,3s,g.gu.l989
105
Minn. A St. L.—1st, g. 7s........1927
Iow a Extension, 1st, 7s...... 1909
Southwest Ext.—1at, 7s..... 1910
Pacilio Ext.—1st, 6s'...
1921
Mo.K. A Tex.—1st, ext., 5s, g.1944
111
Mo.K.AT.of Tex.lst,gu.5s.g,1942
108%
Kansas City A P., 1st,4s,g..1990
135
Dal. A Waco—1st, 5s, g u ..,.1940
Missouri Pacific—Trust 5s...1917
138
1st ooll,, 5s, g ............
1920
St L .A I. M.~Ark.Br.,1st,78.1895
Mobile A Ohio—1st ext., 6s...1927
St. L. A Cairo—4a. enar
1931
Morgan’s La. A T.—1st, 6s....1920
1st, 7s.......................
i si s
83*a Nash. Chat. A St. L.—2d, 6 s..1901
N. O. A. No. E —Pr. 1., g., 6s..1915
N. Y . Central.—Deb. g. 4s___ 1905
N. J. June—Guar. 1st, 4 s...1986
Beech Qreek—1st, gold, 4s..1936
104
Osw. A Rome—2d, 5s,g.,gu.l915
Utica A Bl. R iv.—4s, g., gu.1922
N. Y . A Put.—1st,g., 4s. gu.1993
102
N .Y . N. H. A H .- ls t , rea. Is.1903
N. Y . A Northern—1st, g. 5s..1927
N. Y . Susq. A West.—2d, 4%s.l937
Gen. rnort., 5s. g ................ 1940
IV ilk. A East.—1st,gtd.,g.5s.l942
103
Northern Pac.—
James R iver Val.—1st, 6s...1936
Spokane A Pal.—1st. 6s......1936
St.Paui A N. P — Gem, 6s..1923
106*s
H eleu a A R ed M ’n— lst,g., 68.1937
.......
D uluthAM anitoba— lst,g.6el936
........
D u l.A M an D a k.D iv.—Ist6s.l937
.......
Coenr d’A len e— 1st, 6s, g o ld . 1916

SECURITIES.

Bid.

Northern Pacific—
0. d’ Alene—Gem ls t,g ., 68-1938
Oent. Washington—1st,g.,68.1938
Norfolk A South’n—1st, 5s,g. 1941 101
Norfolk A West.—

AdjustmentM., 7 e ..............1924
Md. <fe Wash. D iv.—1st,g.5s. 1941
Scioto Val. <fe N. E.—le t, 4e,.1990
Ohio & Mies.—

Ask.

109

101
102

Ohio R iver R R .—le t, 5e......... 1936 102
Gen, g.,5 e........................ ..1937
Omaha & 8t. Louie.—1st, 4s.-1937 *40
Oregon A Califor.—1st, 5s, g.1927
Oreg. R y A N a v.—Col.tr. g..5s.l919 *60
Penn-P.C.C.ASt.L.Cmg.4%sA1940

........

P.C.&S.L.-let,c.,7e..............1900
Pitts. Ft. W. & 0.—le t, 7e... 1912
2d, 7 a ..............................1912
3d, 78............................... 1912
Oh.8t.L.AP.—1st,oon.5s,g... 1932
Olev. A P .—Cons., s. fd., 70.1900
Gen. 4%s, g., “ A ...........1942
Bt. L .V .& T .H .—le t,6 e .,7 e.1897 *100%
2d, 7e............................... 1898
Gd. R.&I. Ext.—18t,4i*'8,G. g. 1941
Peoria & Pek. Union—le t, 6e .1921 *107
*70
Pitts. Cleve. A Tol.—1st, 6s... 1922
Pitts. A L. Er.—2d g. 5 b, “ A ” . 1928
Pitts. Mo. K. A Y .—1st 6s___ 1932
Pitts. Painsv. A F.—1st, 5s... 1916
Pitts. Shen. A L .E .—1st,g.,5s.1940 •87
........

Pitts. & West.—M. 5s,g.l891-1941
Pitte.Y’gst’n&A.—1st, os,con. 1927
Rio Grande So.—let, g., 5 e...l9 4 0
Kan. C. & Omaha—le t, 5s.. 1927
St. L. A. & T. H .—Term. 5s.. 1914
Bellev. & So. 111.—le t, 8e...l8 96

105%
101
101

91

94

95

—

......
117
........

V ir’ a Mid.—Serial ser.A, 6e.l906
Series D, 4-5e.................. 1921

........

Too

7.

Chi.St.L.APad.—1st,gd.g.5s 1917
St. Louis So.—1st, gd. g. 4s.1931 *
do
2d income,5s.1931
Oar. AShawt.—1st g. 4s....1932
*102
St. L. A 8. F.—2d 6 s,g„ ol. A . 1906 107
General 5s............... ...........1931
35 *42H
89
*1003i lO l h
Kan. City & 8 1st, 6s, g. ..1916
Ft. S. A V. B. Bg. —1st, 6s. ..1910
90
Kansas Midland—1st, 4s, g.1937
*106
St. Paul City Ry, oou. 5s, g...l9 3 7 *85
40
103 105 ^ St. Paul A Duluth—1st,5s....1931
*110
St. Paul Minn & M.—le t, 78..1909 105
*105
2dm ort.,6s................ '........1909 115
......
Minneap. Union—1st 6s___1922
Mont. Cen.—1st, guar., 6s-.1937
110
97
East. Minm, 1st div. 1st 5s.1908 103
W i’ urar ASiouxF.—1st, g,5s.l93s
92
San Fran. A N. P.—1st, g., 5s.l919
Sav.Fl.AW est.-1st, eomg.6s.193t *112*3
Soutuern—Ala. Cent., 1st 6s.1918 *98*3
A tl. A Char.—1st, pref., 7s. .1897
82
.......
Colum. & Green.—le t, 5-6e.l916
*55
E. Teuu.V. & G a.-D ivie.5e 1930 ‘ 110
Rich.& Dan.—Eq, 8. f. g. 58.1909
*103

Mex. International—let, 48,g.l942
Mexican National—1st, g., 6e.l927

108

U G U ST

l x iil

— — ........

Wash.O.AW.—1st our.gu.4s.1924 — — 80
Ter. As’n o f St. L.—1st, 4%s.l939
102%
1st, oom g. 5s............ 1894-1944
St.L.Mer.Br. Terra,,g.5s,gu..l930
Texas A N ew Orleans—

*108

92
71% Tex. A Pac., E. D.—1st, g. 6S.1905 104
67
Third Avenue (N .Y ).—1st 5s, 1937 116 119
*
T.AO.O.—K an .A M ., Mort. 48.1990
78
Tol.P.AW .—1st 4s,ino.f’d.oou.July
67*3
*37*2
Ulster A Del.—1st, oon.,6.,5s. 1928
100
*95
*
1st, 68................................ .1897
115
1st, 6e.................................1899 *99
*108
"120
Kansas Paoiflo—1st 6s, g.,.1895 ........ ........
1st, 6s, g ........................... 1896
C. Br. U P - F . 0., 7s......... 1895
Atoh. Col. A Pao.—1st, 6s... 1905
*102 107
Atch. J. Co. A W.—1st, 6s... 1905
U. P. Lin. A Col.—1st, g., 5s. 1918
*

W

129%
60
89

*25
*
*

72

Gold, 5 e............................1926
Utah Southern—Gen., 7e ..1909
Exten., let, 78................ 1909
Valley R ’y Co. of O.—Con. 6s.1921
Wabash—Debenture, 8er. A..1939
Det. A Ohio. Ext. 1st, 5s, g.,1940
St L.K.C.AN.—8t.C.Bdge6s.l908
West N.Y.APa.,gem g. 2-3-4s.l943 *

120
80
...... |......

West. Va. C. A Pitts.—is t,6 s .l9 1 1
Wheel.AL.E.—1st. 5s, gold ... 1926 *

*17

20%

*10

4014
11

97%

Wis. Cent, income 5s......... ..1937

•No price Friday; these are the latest quotations made this week. F o r niscellau eou s aud Unlisted Bouds-See 3d page preceding.

6

A

ugust

THE CHRONICLE.

8, 1896.J

In v e s tm e n t
ASD

R o ad s.

223
Latest Gross Earniiigs.

! W e e k o rM o l

189 6 .

8

1895.

Jan.

1 to L a t e s t D a t e , ]

1896.
S

1895.
!

S

2 ,1 5 1
G u lf A C h lo a g o ! J u n e ..........1
3 ,13 0
1 8 ,5 3 7
20 ,38 2
H 0 0 9 .T u n .A 5V n ! J u n e ................................4 ,6 353 ,6 8 5
2 3 ,5 7 7
20 ,560
Hous.ATex.Cen.1,May........................... 178,795
2 3 2 ,4 1 1 1 ,1 2 5 ,0 8 2 1 ,3 7 5 ,7 4 0
H u m estG iA S h en J u n e ..........
8,900
6,38 4
6 0,700
4 5,40 2
I llin o is C e n tr a l. J u n e .......... 1 ,5 2 7 ,5 2 5 1,5 0 8 ,9 2 7 9 ,6 7 5 ,2 7 - 9,228 ,98 8
In d . Beo-A W eftt. 12d w k j u n e !
7,9031
2 0 3 ,2 1 6
19 8 ,6 3 2
6,693,
In d . HI. A I o w a .; May......... ;
65,902;
3 4 9 ,1 0 1
33 0 .10 6
56,940:
T h e f o l l o w i n g t a b le s h o w s t h e g r o s s e a r n i n g s o f U n i t e d
In .A G t.N o r th 'n tt h w k J u ly
74,627
7 1 ,4 2 9 1 ,6 4 3 ,1 0 1 1 ,7 3 2 ,9 5 2
ll n t e r o c . (M ex.) W k J u l y l g
S t a t e s r a i l r o a d s ( a n d a ls o a f e w M e x i c a n a n d C a n a d i a n r o a d s )
43,4001
4 5.50 0 1 ,2 3 8 .4 1 6 1,3 0 3 ,1 0 2
I o w a C e n tra l-----tt h w k J u ly
37,933
854,802
4 0 ,12 6 1 ,0 2 5 ,8 8 7
f o r th e la t e s t p e r i o d r e p o r t e d .
T h e s t a te m e n t in c lu d e s e v e r y
Iro n R a i l w a y .. . .1u n e ..........
3,821
2 4 ,3 2 5
2 5,29 8
3 .7 6 7
s t e a m ro ad
fr o m w h ic h r e g u la r w e e k ly o r m o n t h ly r e tu rn s
3 aok. T . A K . W . M a y ............
27,034
1 4 6 ,5 1 6
2 19 ,4 6 6
26,584;
c a n b e o b t a i n e d . T h e fir s t t w o c o l u m n s o f f i g u r e s g i v e t h e K a n aw h a A M IM . tt h w k J u ly
11.927
26 8 ,236
2 5 1 ,4 7 5
1 4 ,10 3
K .C .F .S o o ttA M 3d w k J u ly
74.6641 60.008 2 ,3 4 8 .1 3 3 2,3 0 5,4 9 6
g r o s s e a r n i n g s f o r t h e la t e s t w e e k o r m o n t h , a n d t h e la s t t w o
K .C . M em . A B l r .;3d w k J u ly
16,922
5 8 9 ,3 4 7
5 2 6 ,1 3 4
1 5 .2 8 7
c o l u m n s t h e e a r n i n g s f o r th e c a l e n d a r y e a r f r o m J a n u a r y 1 to
K a n .C . N. W . . . . j u n e ..........
18,610
124,0 25 ;
1 10 ,9 5 8
1 7 ,6 1 6
a n d n c l u d i n g s u c h la t e s t w e e k o r m o n t h .
K a n .C .A B e a t . J u n e ..........
295
1 ,9 4 0
2 ,5 30
369
C . P itta . A G . . -t t h w k24,819
j u ly.
The returns of the street railways are not included in this K .
3 7 9 ,4 2 5;
2 8 7 ,3 5 3
1 7 ,1 3 2
K a n .C . 8 u b . B e lt tt h w k J u lv
13,007
190 ,0 0 4
1 5 0 ,6 9 9
1 0 ,6 7 4
table, but are brought together separately on a subsequent p a g e
K e o k n k A W e st, y d w k J u ly
5.658
6 ,3 2 3
220,988
1 7 6 ,2 0 4
la. £ r le A l l . A 80. J u n e ..........
3.739
30 ,509
3 8 ,1 9 7
6 .2 9 5
L a te s t O ro e t E a m x n g t
J a n . 1 to L a t e s t D a te .
L
. E r ie A W e s t.. U h w k J u ly
86,093 10 0 ,0 15 1 ,9 7 4 .7 1 0 , 1 ,9 5 6 .5 1 8
BOAOS
L e h ig h A H u d .. J u n e ..........
34.331
19 8 ,6 0 3
2 18 ,9 6 4
3 5 .3 3 9
W eek o r H o
18 9 6 .
18 9 6 .
1895.
1895.
L e x ’g to n A E a s t. J u n e ..........
19.655
19 ,2 6 0
1 0 7 ,16 4 ;
9 7,2 6 8
L o n g I s la n d ........J u ly
525,041 5 1 6 ,1 9 4 2 ,2 0 2 .2 4 6 2 ,2 6 2 ,2 2 5
•
•
L
o s. A n g .T e r m J u n e ..........
7,546
9 ,8 72
45,0 6 7!
8 4,356
1 5 ,0 5 0
A d ir o n d a c k ........J u n e _____
1 2 ,5 1 4 !
90 ,029
93,910
L o u ls .E v . A 8 t . L .1t t h w k J u ly
41.225
8 36,359;
76 8 ,5 9 6
4 0 ,59 1
A ia .G t - B o u tn .. ttbwkJuiy
3 9 ,3 9 3
4 3 ,4 7 5
7 9 1 ,8 7 1
825,039
518,095 5 4 8 ,8 5 3 1 1 ,2 9 8 ,7 6 9 1 0 ,7 7 2 ,0 5 9
A la . M id la n d ... M ay.........
4 5 .6 6 5
25 4 .4 6 0
1 9 3 ,1 8 3 L o u ls v .A h a s h v t t h w k J u ly
3 7 .5 3 lj
L o u is. N .A .A C h tt h w k J u ly
77.265
93,034 1 ,7 5 7 ,9 0 2 1 ,7 2 5 ,2 2 5
Ala. N'.O. Tex. A Pac. June.
L o u .iI e u .A 8 t.L . t t h w k J u ly
14,061
26 4 ,0 26
229,0 82
1 4 ,3 1 7
N. Orl. * 8. E. 2d wk July
19,0 0 0
19,0 0 0
6 6 7 ,3 4 5
045.696
M
a
o
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n
A
B
lr
u
t..
j
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n
c
3,840
2 8 ,1 3 1
3 5 ,4 4 4
5 ,1 6 8
A la . A V lc k a b . 2d w * J u ly
8,000
6,000!
26 2,9 4 0
243,742
M a n lstlq u e......... J u n e
13,168
6 6 ,1 0 5
6 7 ,7 9 7
1 2 .6 4 1
V lc k i.S h . A P 2d w k J u ly
8,000
6.000
2 6 6 ,9 18
249,943
M
e
m
p
h
U
A
C
h
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;M
w
k
J
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20.070
1
8
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5
6
5
2
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4
1
57
5 ,2 8 8
A lle g h e n y V a t .. J u n e ..........
1 9 7 ,3 5 3
2 0 8 .6 5 5 1 ,1 5 1 ,0 5 0 1,171,180
-M e x ica n C e n t. t t h w k J u ly
288,422 2 6 1 ,3 6 5 5 ,6 8 5 ,7 4 6 5.3 3 7.4 0 0
A n n A r b o r ..........U h w k J u ly
3 1 .3 7 3
6 5 5 ,8 2 5
6 1 2 ,9 9 1
32,7081
Mexican
IntePL
J
u
n
e
........
272,249
1
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1
9
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9
6
!
1
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9
2 ,6 5 1
2
13
.0
6
2
A r k . M id la n d ... M ay.........
6 ,1 0 7
6 .19 4 !
3 5 .7 9 9
36,334
!M e x . N a tio n a l i t t h w k J u ly
13 4 ,0 9 9
1 1 6 ,1 5 5 ' 2 ,7 8 5 ,7 6 0 2 ,4 9 9 ,1 3 6
A te h . T . A 8. F e J u n e ........ 2 ,1 4 8 ,7 7 1 2 .0 8 8 ,1 1 3 13 ,5 9 0 ,2 3 3 1 3 ,4 5 2 ,7 7 6
M
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x
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269,0
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A t la n t a A C h a r . M ay.........
10-1,764
110 ,6 8 8
5 9 4 ,2 7 2
603,474
[M e x ic a n R -w a y W k J u I y l S
57,811;
50 ,6 3 3 1.7 0 4 ,0 7 7 , 1 ,8 9 3 ,7 7 0
A t la n t a A W . P . M a y............
33.6 58
3 2 .9 1 7
2 0 6 ,2 72
183,525
3d
w
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M
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80........
13,092!
9
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3
5
2
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9
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10
2
7
0
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72
A lla n . A B a n v .. U h w k J u ly
10 .59 9
10 .58 0
3 0 5,70 2
30 9,346
48.341
4 5 .0 76 1 .0 5 6 ,2 8 7
9 8 6 ,0 1 1
A t la n t ic A P a c . 3d w k J u ly
5 7 ,2 1 2
5 1 ,7 8 8 2 ,0 78 ,3 9 1 1,995,839 M111n eap . A B e l - tt h w k J u ly
M.
8
t.P
.A
3
.8
t.M
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3d
w
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J
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66.770!
4
7,5
0
0
1,8
8
8
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2
6
1,2
3
7,0
9
8
A u g u a ta S o u V n . J u n e ..........
4 ,2 5 5
3 .12 8
33,443
22,2 6 2
Mo. K a n . A T e x . t t h w k J u ly
284,1611 2 6 9 ,9 4 4 6,0 0 4,28 7 5 ,9 70 ,6 4 2
A u s tin A I P w e e t May.........
1 8 .0 1 3
20 ,38 7
9 8 ,4 33
9 1,20 8
M
o
.P
a
o
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lru
u
M
tt
h
w
k
J
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70
1,0
0
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683,000!
12,0
26
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0
0
12
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4
9
,4
0
7
B a lt-O h ee. A A t e :J u n e ..........
4 0 .10 0
46,400
19 6 ,2 6 9
20 0,9 79
C e n tr a l B r-ch . tt h w k J u ly
31,000!
17,0 0 0
402,000;
30 4 ,6 20
E A O . E u t U n t ' J a n u a ry .
1,3 8 3 ,8 77 1 .2 2 9 ,2 1 9 1 ,3 8 5 ,8 7 7 1.2292319
T
o
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a
l.............
U
h
w
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732,000!
W ee te r n L l n e s j a n u a r y . .
700,000! 12,428,000! 1 2 ,3 5 4 ,0 2 7
443,0 68
4 6 9 .2 1 6
4 4 3,0 68
4692216
M o bile A S tru t. 3d w k J u ly
4.805
3.888
14 6 ,0 9 6
1 4 3 ,7 0 3
T o t a l . . . . . . . . M a r ............ 1.963,0 40 1,8 9 9 .78 4
M o bile A O h io .. J u l y ............
■ a l.A O .8 o u w . tt h w k J u ly
269,521 2 4 5 ,2 5 7 1 ,9 9 4 ,6 8 5 1 ,8 4 3 ,7 4 6
15 8 ,5 6 8
1 7 4 .3 2 2 3,4.57,294 3 ,5 6 1 ,4 1 5
M o n t.A M e x .G lf. J u n e ..........
B a n g e r A A r o o s t, M a y ............
97,353
----------98.680!
5 7 2 ,1 0 2
0
3 1 ,2 1 0
5 0 ,7 8 3
8 2.53 4
28 8.29 7
30 6 ,8 9 1
N aah.C h. A 8 t L .:J u n e ..........
3 8 5 ,1 2 7
B a th A t l a m 'rid- M a y ............
342,570] 2,4 38 ,8 9 5 2 ,2 3 0 ,13 3
1,9 9 5:
1374
8,958
9,0 67
N e v a d a C e n tr a l M arch
1398
2,059
■ tr. A A tla n tic . J u n e ..........
1,9 6 9 !
5 ,6 9 7
5,408
1.4 4 0
10 ,4 8 6
8 ,10 3
Nev.C*yNar.Gge .April h J
B r o o k ly n EI o v . J s k k S t k b e r R x il w 4 T LIST,
7,9 8 5
8,0751
29,300
2 7 ,9 1 0
N. J e r s e y A N.Y Marc!
B rn n a w ’ kA W eei May
1
7 3 ,4 9 7
7 1 ,3 0 3
52 ,74 8
3 9 ,6 5 1;
2 3 9 .7 7 5
20 3.248
B o lt. R o ch .A P in tt h w k J u ly
9 0 .1 1 8
9 4 ,10 3 1,8 5 0 ,0 0 s 1 ,7 0 7 ,8 3 7 N .Y.C . A H . K. J u n o .......... 3 ,0 5 2 ,4 7 ,' 3 ,4 3 6 ,3 7 3 2 1 .0 5 3 ,9 1 1 20 .830,486
N. Y . O n L A W . t t h w k J u ly ; 1 3 2 ,2 7 9
B u ffa lo A Su m .. J u n e ..........
12 0 ,72 3; 2 ,10 7 ,8 3 5 ; 2 ,0 3 2 ,1 *
3 9 ,7 3 2
36 .3 8 5
230 ,50 6
1 7 3 .9 7 8
B a r .t t R a p .A 5 .. tthwkJuly
182,0
-----------09
180 ,30 7; 1 .0 3 1,9 4 5 ! 1 ,0 7 5 ,5 9 *
10 8 .70 2
96.8451 2,4 28 .8 6 9 2,0 31,8 0 0 N .Y .B u a q .A W , J u n e .........
N o rfo lk A W est t t h w k J u ly
C a m d en A A U .. A p r i l ..........
19 9 ,8 6 7
184.0 58 6 ,4 8 0 ,4 3 1 6 ,1 2 2 ,5 7 5
7 2 .1 1 8
0 6 ,528
20 4.8 5 5
104,089
C a n a d ia n P acin i tt h w k J u ly
2 5 ,18 4
3.314
2 1 ,0 6 1
3 ,2 7 0
----------------602,000
500.000 10 ,9 5 0 ,6 52 0.099,777 N orthe-rn (O a.i M ay.........|
C a r.M id la n d
June
523,962! 2 ,9 5 5 ,6 2 9 3 ,0 3 6 ,4 3 0
2,0 36
2,0 0 3
2 2 ,3 5 1
15,8 0 2 N orth-n C e n tr a l J u n e ..........! -194,663
C a n t, o f G e o rg ia M ay
4 7 8 ,4 1 5
5 2 0 ,1 5 2 9 ,4 2 4 ,5 7 1 ' 8 ,5 9 4 ,7 3 7
3 1 6 ,6 3 7
3 4 2 ,6 18 ! 2.0 6 5,228 1 ,8 3 7 .2 0 3 N o rth 'n P a cW c t t h w k J u ly
. . ■ ■ 2.805
C e n tr a l o f N . J . . J u n e .......... 1 ,0 4 1 ,2 3 7 1,13
1 6 ,7 0 7
11,202
2.100
2 ,0 9 0 5 .7 4 2 ,5 9 3 5 ,9 2 1 ,4 7 2 O con ee A M eat J u n e
----------Oentral Pacino. M a y..
20 ,38 6
4 2 9 ,7 9 1
5 8 3 ,9 7 1
20,654
0 2 9 ,1 4 5 1.0 59.8 08 4 .5 6 9 ,19 7 4,769,718 O hio R iv e r .......... t t h w k J u ly
C h a r. C l. A But.. J u n e ..........
1 1.8 9 9 l \ 1 5 .1 2 0
5 9 .5 2 7
6 6 ,0 77
4 ,6 3 5
4,390
28 ,0 18
20 ,0 73 Ohio K lv . A Chan A u t i l . . . .
0 h a rle e t* n A 8 a v . M a y ............
109.98 1
12 ,8 3 7
12 .3 3 2
3 7 5 .6 1 5
5 1 ,8 2 2
2 7 3 ,9 1 3
24 5 .0 7 5 Ohio s o u th e r n . 3.1 w k J u ly
C h es. A O h io __ tt h w k J u ly
2 8 2.570 ! 2 9 1,8 9 8 1 .3
. 1 3 ,4 2 5 1 ,2 9 6 .1 1 9
266,40 0 5,8.53,678 5 ,3 7 3 ,8 9 7 O reg o n Im p . C o M a y ............
2872281
C h e e .O .A S o . W J u n e ..........
J uHnH
e M
. . N N P 8 9 2 ,0 5 4 1 3 7 0 ,50 2 1,9 9 0 ,10 0 2 ,2 9 1 ,1 0 1
16 5 ,8 3 4
1 9 0 ,5 1 6 1 ,10 3 ,9 6 1 1,0 98 ,60 0 P a cific M a i l . .■. . V
C h ic . B a r A Q .d J a n e
2 ,7 2 4 3 7 8 2 ,4 9 6 .8 4 1 1 5 ,5 9 2 ,1 1 8 14,608,885 P e n n s y lv a n ia ) J u n e .......... 5 ,10 5 .5 0 9 4 ,9 8 8.299 3 0 ,3 0 5 ,4 7 5 2 9 ,5 5 8 .7 7 5
C h ic . A E a e t l l i t t h w k j aly
2 2 ,5 5 9
2 6 .3 3 7 !
4 7 8 ,7 4 6 409 ,9 50
6 0 ,310
8 9,24 1: 2 ,1 7 7 .8 7 8 2 ,0 4 8 ,70 1 P e o r la B e o .A E v t t h w k J u ly
O h le .O t .W e .r n t________
P e te rs b u rg ..........J u n e ............j
t h w k J u ly
4 8 ,9 1 9
52 ,0 9 2
30 2,20 4
2 6 4 ,2 9 6
1-20,424
1 16 ,8 2 0 2 ,6 10 ,6 9 4 2 ,0 0 5 ,7 5 3
C h le .M t l.* 8 t .P . tt h w k J u ly
P h il A A E r i e . , . M »y............
3 9 1 .5 0 3
3 7 9 ,3 8 7 , 1,5 4 8 ,0 7 5 1 ,4 7 3 ,8 0 1
6 10 ,8 78
7 7 1 ,6 4 1 1 7 ,10 0 ,3 3 0 1 4 ,8 2 9 ,5 18
O h io .* ST th w 'n J u n e .......... 2 .9 3 2 ,2 3 1 2 ,4 8 5 ,5 8 15 ,4 9 3 ,16 8 1 3 ,0 6 1 ,1 5 5
P h ll a A B e a d 'g . J u n e .......... 1.73 4 .0 9 0 1 ,7 2 6 .7 3 0 9 ,5 4 7 .4 2 9 9 ,8 0 4 .5 7 1
C h ic . A N o. P a c. M a y ............
C o a l A l r . C o . . . J u n e .......... 2 ,0 5 7 .5 0 0 1 ,4 7 3 .5 2 2 10 ,3 75 ,9 0 4 10,43 6,0 2 8
6 4 .34 2
6 1,4 8 9
3 3 2 ,5 7 0
30 9 ,250
C h lo .P e o .A 8 L i. t t h w k J u ly
1 7 ,6 5 0
T o ta l b o th C o*. J u n e .......... 3 ,7 9 2 .5 8 0 3 ,20 0 .25 2 1 0 ,9 2 3 .4 2 3 2 0 ,2 4 1 ,1 9 9
2 1.2 0 0
5 2 4 .7 5 3
5 0 7 ,6 5 0
O h lo .K - k I .A P . J u l y ......... 1 3 8 0 .5 5 6 1 ,1 7 6 ,9 4 5 8 .430,348 7,948,633 P h .R e a d .A N .E . M a y ............
5 3 ,3 8 1
6 4 ,79 8 !
26 0 ,0 10 2 8 3 ,3 0 7
C h lo .S t.P .M .A O J u n e ..........
6 30 ,40 5
P
l
t la U C . A 8L L . J u n e .......... 1 ,2 1 9 ,4 7 9 1 ,2 2 8 ,0 5 3 7,2 78 ,6 4 5 | 0 ,9 72 ,0 7 2
3.48
8.9
34
4 7 7 .3 3 2
2 ^ 9 3 ,0 5 2
Ohio. A W . M ien t t h w k J u ly
4 4 ,73 4
3.404
20.750!
3.743
2 0 ,7 6 7
8 69 .6 70
4 8 .6 18
92-1.813 P t tte .M e r .A C h . J u n e
d n .G a > A P o r t . J u n e ..........
P 1 tt.8 h e n .A H E . tt h w k J u ly
4370
367,747;
2 4 ,3 4 1
3 2 9 ,8 1 5
28 ,6 74
21.500
5,8351
30,038
C ln .J a c k .A M ac. |t t h w k J u ly
P ltta b . A W est
t t h w k J u ly
1 8 .5 3 5
5 0 ,3 3 5
9 4 2,0 4 5
977,047,
3 9 9 ,7 7 7
18 ,4 4 3
54.915!
332,592
Oln. N .O . A T . P . 'J u n e . . . . . .
P lt t s .C l.A T o i tt h w k J u ly
279.00 0
4 8 5 ,1 5 0
436.850'
27.328
1 9 ,7 2 1 !
2 9 6 ,6 9 9 1 ,6 2 8 ,10 9 1,660,091
Otn. P o rtA A V J J o n e . . . . . .
P H t*. P a . A p . tt h w k J u ly
18 4 ,0 30
130 .9 9 1
21,42-1
12.909!
1 4 ,1 6 3
229.798!
2 1 ,5 5 3
1202108
O le T .C a n .A 8 o .. ;3d w k J u ly
16.040
1,687,913
3 7 3 ,1 0 6
T e t a l s y s te m .. t t h w k J u ly
184,2191
1 ,6 6 4 ,8 1 8
1 5 ,7 0 6
93.832
343,226
C i.C ln .C 4 .A H t. I 3d w k J u ly 2 2 7,6 9 8
6 0 7.79 9
700,977!
2 5 5 .4 8 1! 6 ,9 5 9 ,4 9 3 7,364.825 P lt t .Y o u n g .A A . J u n e ..........
16 9 ,8 6 7] 181.351
P e o . A E a a v n M a y .............
Q u in cy O .A K .C J u n e ..........
1 4 0 ,7 1 6
1 1 7 ,5 7 5
18 0 ,320
20.167
2 3 ,5 2 3
140,638!
7 1 3 .9 7 8
740,747
C l. L o r .A W h e e l. tt h w k J u ly
794,589
36,8 33
312,814
5 3 .2 5 1!
2 9 7 ,5 6 3
73,923
7 5 ,5 8 9 ,
737,484 K l e h .lV k s b .A P M a y ............
OoE M id la n d .,.. [ J u n e __. . .
1 5 3 .5 6 7
10 5 ,0 4 4
178,389!
1 3 9 ,0 13
32.584
20,888
9 4 4 ,9 4 9
787,470 R ic h . A P e te rs b . J u n e ..........
C o l. H . V . A T o i J u n e . . . . . .
19 6 ,9 8 9
257,220
2 19 .0 0 9
1 7 6 ,9 7 2 ! 1 ,3 3 2 ,5 87 1,052,790 Rio G r.B o u rn u U h w k J u ly
12 ,4 0 8
12,028
O o l.B e n d 'y A B tt h w k J u ly
23,820
Rio O r. W eat'n . 3d w k J u ly
447,65,5
44,800
40,956;
44.500 1,231,831 1 ,10 9 ,8 0 8
439.094
C orn ea A L a k e . J u n e ..........
1,100
51.312
5,900
1,100
9.485
1 0 ,6 8 7
5 4 ,6 6 7
7.400 B a g.T u ao o laA H J u n e
C r y s t a l------- . . . . J u n e ..........
1,0 56
19 ,4 2 7
21.585!
6 ,7 1 4
319
8 .59 1;
7.103
3,084 8a g . V a l . A 8t. L. M arch
O u m b T d V a lle y M a y ...........
3 2 2 ,9 9 1
3 1 2 .1 6 7
6 3.9 4 4
34,920
322,108,
8 2 3 18
33.050
294,613 8t L . A . A T . H . 1 th w k M a r
I to n v . A (tlo G r t t h w k J u ly
202,100 199 ,30 0 4 ,0 7 3 ,3 18 3 3 3 3 ,0 0 1 S t .L .K e n 'e tA S o , M a ic h ........
8 ,4 1 3
13.1.30
2.479
B e e M . A K a n . t t 3d w k J u ly
1.8 7 8
6 0 ,774
1 .7 7 3
4.’,0.861 2,918,651 2 ,7 6 2 ,5 4 3
5 2 4 ,5 1 8
45,984 S L U A B a n F r a n 'J u n e ........
B e e M. N . A W. J u n e ..........
3 2 .7 8 1
27,8 72!
1 0 7 .7 0 0
2 1 3 .1 2
110,200 2.491.800 2 ,6 5 3 ,4 5 2
150,236 8t .L .8o u th w -rn ! U h w k J u ly
B e t L a n .'g A N o . tt h w k J u ly
32,400
i 12 5 .2 9 0
3 1 ,0 6 2
608.206
025,610
6 23,0 8 2
121 908
646,055 8t. P a u l A D u l’ th J u n e . m
B e t . A M a ck in a c M a y ............
43,8 53
8 8 4 .1 3 1
2 1 9 ,7 9 5
4 9 ,3 3 4
13 0 ,0 3 3
135.905
142.030 Ban A n t. a A .P I ju n c .
815,088
B u lu th n .s .A A ii. 3d w k J u ly
4 1 .1 1 1
3 6 3 .9 5 2
342,225
3 7 ,0 3 7 1 1 ,1 5 6 .4 5 1 1,021.090 8 F r a n .A N .P a c .[ J u n e .
81,778
70 ,8 5 1
■ lgtn .J o l.A E a* I J"Jy.........
9 5 ,3 5 5
7 5 4 ,3 3 4
8 1.5 6 0
270.813 1,441,976 1,3 8 5 ,9 8 7
2 8 8 ,1 3 3
620,774 S e v .F ia . A W est. M ay.
E rie .
J u n e ........ 2 ,6 18 ,0 9 1 2 ,4 5 0 ,4 1 1 ;14,40 8,641 13,705,346 B a er.H n rev.A S o 'J u n e
1 5 7 ,4 1 0
20,511
1 3 ,5 2 4
122,494
B u r e k a BpH nga. M ay
5,0 0 7
5,430
90,215
2 4 .4 9 1
17,731
24,504
24.79 l 8 0. Bps. 0 , 4 0 , M a y . .
7 9 .3 1 0
■ van*. A IndpU # i tt h w k J u ly
8,005
8.903
1 6 2 ,7 9 2
7.702
7.000
162,516 M ilverton............. ; J u n e .
B r a n * . A R ich . 3d w k J u ly
1 .9 9 5
"9,376
" 7 ,1 9 0
59,802
57,320 So. H a v e n A K a sl J u n e .
2.4 58
2 ,0 5 7
1,697
B v a n .T A T . B . tt h w k J u ly
26. " i 8o . P aciU c 0t>.—
32.19 0 !
014,944
587,551
P l t e b b a r g . . . , . . . i j n n e ____
628.001 58 4 .374 3.521.800 3.3 14,997
G a l.H a r .A 8.A i M ay. .
365,020 2,045,534 1 ,8 6 9 .18 3
3 7 8 .7 7 1
F lin t A P. Mari) U h w k J illy
L o u is a W e st. M a y ............
6 2 .7 7 6
4 6 9 ,5 4 1
6 3 ,6 5 9 1.540.194 1.42 1,895
378.876
82,000
00,003
F la - O n t . A P e n .'3d w k J u ly
2 7.8 3 9
3 1 ,9 2 4 1,185,836 1,137,236
M o rg a n 's L A T . M ay.
391,706 1,987,714 2 ,4 4 5.2 2 0
3 3 5 ,8 51
F v .W th A B e n .C - M a y ............
B Y T . A M ex M a y . ..........
70 ,768
91,331!
9 6 ,5 1 1
81.030
365,456
13,028
436,889
16 ,9 4 5
F v W . a ftlo G r 'J u n e ..........
18 ,3 6 4
T e x . A N . O rl
683,0 23
540.745
25.287!
153.514
M a y ............
133,290
97,40 0
175,581
H ade. A A tt. D J n n e ..........
1,058
A U a n tto s y a .6. M a y ............
605
5,4321
988.— 0 5,088.895 5,080 ,50 4
8 9 5 .1 5 3
3,933
G e o r g ia K K ........ 3d w k J u ly
23,
18 ,7 9 2 ,
759,7351
P a o illo sy ste m M a y ............. 2 ,4 2 9 .2 6 7 2,5-2.469 12.268.032 1 2 ,1 1 6 ,8 1 5
629.006
G e o r g ia A A la . . t t h w k J u ly
12 ,6 0 1
1 9 ,4 1 3
4 12,307
257,041
T o ta l o t a U .e jju n e
3 ,56 4 ,9 3 3 3,725.209 22,214,358 23.08 4,350
B a - C a r G a A N o J u n e .........
5 2 ,50 6
4 2 .2 4 3
392,622
So. P a c . o f C a l M a y ............
325.115
857.4U 4,076,518 3 ,0 7 0 ,5 7 0
7 3 9 .5 2 2
G e o . 8o. A F la . J u n e ........ i
6 7.3 54
8 a P a c .o f A r li M a y ............
9 7 1 .6 5 0
6 5,8 9 4 i
425,242]
386.509
180 ,0 21
181,343 1,007.433
G r. R a p . A l o d t t h w k J u ly
5 8 ,9 3 7
6 5.285; 1,139,209 1,164,948
4 50 6 4 7
301.670
8o .P a o .o f N M M a y .............
94,310
9 6 .74 3
C lo . R .A F L W t t h w k J u ly
10,280
N o rth e rn R y .. M a y ............
6 9 3 .1 0 1
787.415
12 .74 6 !
240.392
250,282
135,359
1 0 1 .8 6 1
r r a v e r a e C I ty tt h w k J u ly
1,4 3 0
1.3 0 2
28.596
S o u th e rn l t y . . . t t h w k J u ly
2 5 ,-8 8
440,201
527,810 10,165,103 9 ,9 0 1.20 8
M o e .G . R . A 1 tt h w k J u ly
3,2121
1 1 3 ,4 4 7
3 ,7 7 9
73,315
60,417 8p o k . P -ls A N o r. J u n e
187,800
20,141
4 1 ,7 5 2
T o t. a ll lin e* t t h w k J u ly
7 0 .1 5 9
370,50 0
8 3.052 1,481,511 1 31 0.43 4 S ta te n 1st. R . T M ay.
380,270
88.852
9 7 ,2 3 0
G ra n d T r u n k ... tt h w k J u ly
5 3 2 ,7 47 5 0 5 ,7 9 5 9,935,655 0,684,114 B to n y C l.A C M t.. M ay.
7 ,5 5 1
7.303
2,462
2 ,4 1 1
C h ic . A O r. I T 2d w k J u ly
54 .69 2
593,083
50 ,0 71 1,714,172 1,422,972 Su m m it B ra n ch . J u n e
4-2,379
91.903
7 7 .5 8 5
B c t G r .H .A M 2d w k J u ly
3
4
0
,9 2 7
18 .9 7 9
18 ,5 6 4
L
y
k
.
V
al.
C
oal
J
u
n
o
489,332
439.9.17
405,599
48.48 •
69 370
d n .8 a g .A M a o 2d w k J u ly
2 .279
0 3 1.0 10
922.370
2 ,1 2 4
T o t’ l b o th C o 's J u n e
140,383
14 6 ,9 3 5
T o l. 8. A M usk. 2d w k J u ly
98,528
93.312
1300
1 .7 5 8
T e x a s C e n t r a l.. M ay.
17,990
1 5 ,9 5 2
G r e a t N o rth 'o T e x a s A P a c if ic U h w k J u ly
146.142 3,237,556 3,49 3.6 0 2
1 3 8 ,0 1 7
M .P . M A M J u ly
1 3 7 0 ,5 7 0 1 .1 9 0 .2 1 2 7 ,6 3 9 ,9 7 8 6,421,177 T e x .B .V a lA N W M a y ............
17,5 0 8
12,020
3,009
2,56 4
B a e t o f M in n .. J u l y ..........j 1 6 1 3 1 V 1 1 6 3 5 7
9 4 7 .1 1 2
801343 ( o l.A O h lo C e n t t t h w k J u ly
9 1 7 ,4 7 5
69,130 1,034 103
3 9 ,0 73
M o n ta n a t e n t J u l y ...........
5
1
5 ,6 6 1
108 ,220
1 1 4 3 18 1 ,1 1 8 ,2 3 8
534.167
864,895 T ol. P . A W e st. 3d w k J u ly
17,546
1 8 ,4 4 1
T o t e v a t e m J u ly
9 7 0 .1 1 0
1 .7 9 0 .7 1 1 1 .4 2 1 .4 1 7
O' 7 ,9 4 7 ,6 1 5 f o l . B t . H A K n t t h w k J u ly
56.265 1.160.810
58 .7 2 4

R a ilr o a d

In te llig e n t* .

RAILROAD EARNINGS.

THE CHRONICLE.

22^
Latest Grots Earnings
Roads

Wttkor Mo

1896.

Jan. 1 to Latest Date.

1895.

9
9
98,860
103,392
30.446
mater A D el— A p ril.......
U iion Pacific—
5,032.975 5,225,961
On. Pao. RR. May......... ,109.914
2,060,327 1,817,271
456,101
T r .8 . L * U . N May.........
232,150
211,555
44,228
'•t.Jos.&Gd.Is. May.........
27,677
38,824
5,677
Kan.C.&Om M a y ............
340,187
351,227
19,367
Tot.3t.J.AG.I 3d wk-lulyj
301,239
402,000
31,000
Cent.Br....... a 4th wkJ uly
4oh.Col.AP. ) May.........
108,595
120,425
19,586
23,398
Voh.J.C.AW s
224,584
281,880
52,961
Cen.Br.AL’dL. May.........
8,007,417
8,175.026
Gr’ d total. V May......... 1 .763,985
1,462,282 1,123,147
264,842
U. Pao. D .A G ... J u n e.......
6,875,344 0,747,034
\Vabash ......... 4th wk July 341.648
89,328
91,29
13,850
Waoo A Northw. May.........
390,501
413.804
124,394
West Jersey...... A p ril.......
403,327
472,374
97,655
W 7.0611. A Pitts May.........
104,741
119,862
34, "06
West Va. A P I ttB. A p ril.......
195,117
217,536
38,177
Western of Ala.. May........ .
1,248,453
98,737
1,298,187
West. Maryland. December
1,700,461
)
1,538,714
58,900
3d
w
k
July
W set. N.Y. A Pa.
721.636
790,526
38,037
Wseel. A L. Erie 4th wk July
1 2,448,873 2,426,566
Wisconsin Cent. 4th wk July 140,679
38,263
4
44,769
5,045
Wrightsv.ATen. J u n e.......
* F la r e s given do not include Oregon By. & Nav., Un. Pae. Denver A
Galf, Denver Leadville A Gunnison, Montana Union and Leavenworth
fopeka A South western. a These figures include results on eased lines.
b Tnoludes earnings from ferries, eto., not given separately. \M exi­
can onrrenov. c Includes only half o f lines In whioh Union Pacitic has
a half interest.
d Includes operations of the Chic. Burlington & N >rthern in both
years.
$ Covers results for lines directly oDerated east of Pittsburg,
lie Includes results on affiliated lines.

Latest Gross Earnings by Weeks.—The latest weekly earn­
ings in the foregoing are separately summed up as follows :
For the fourth week of July our preliminary statement
oover8 59 roads, and shows0*66 per cent loss in the aggregate
over the same week last year.
4th week o f July.

1896.

1895.

Louisv. Evansv. A 8t. L .
Loulsv. Hend. & 8t. L ...
Louisville A Nashville...
Louisville N. A. A Chic..
Merloan Central............
M e xican N ational..........
Minneapolis & 8t. Louis.
Mo. Kansas A T^xas......
Mo. Paeitio & I r i M t___
Central Branch...........
New York Ont. A West’n.
Norfolk A Western.........
Northern Pacific............
Ohio R ive r......................
Peoria Deo. & E vansv...
Pittsb. Shen. A L. E rie..
Pittsburg A Western......
Rio Grande Southern___
8t. Louis Southwestern..
Southern R ailw ay.. .. .. .
Texas A Pacifle.............
Toledo A Ohio Central...
ToL 8t. L. A Kan. City..
Wabash..........................
Wheeling & Lake E rie...
IVisconsin Central

$
39,393
31,373
10,599
158,558
96,118
106,702
602,000
267,281
80,319
120.424
810,876
17,650
44,734
18,535
36,833
23,826
202,100
32,409
8,005
28,908
62,775
19,413
55,237
10,280
1,430
3,212
532 747
74,627
37,933
11,927
24,819
13,007
86,093
41,225
14,061
518,095
77,265
288,422
134.099
48,341
284,161
701,000
31,000
132,279
199,867
478,415
20,386
22,559
24,341
84,219
12,408
107,700
410,281
138,017
39,073
58,724
341.648
38,037
140,679

$
43,475
32,708
10,580
174,322
94,103
96,845
500.000
266,400
89,241
116,826
771,641
21,200
48,648
IS ,443
53,251
40,957
199.300
31,062
8,903
32,190
63.659
12,604
65,225
12,746
1,302
3,779
505,795
71,429
40,126
14,103
17,132
10,674
100,015
40,591
14,317
548,853
93,034
261,365
116,155
45,076
269,944
683,000
17,000
120,723
184,058
520,452
20,654
26,337
21,500
95,352
12,028
116,200
527,810
146,142
69,130
56,265
366,220
48,289
151,020

Total ',59 r o a d s .........
Net decrease (0-66 p. o.l.

8,086,445
••••••«

8,140,199
—

Alabama Gt. Southern..
Balt. A Ohio Southwest.
Buffalo Koch. & Pittsb’g.
BurL Ceil. Ran. & North.
Canadian Pacific............
Chicago A East. Illinois
Chloaeo Great Western..
Cnlcago Milw. A St. Paul.
Ohio. Peoria <te St. Louis.
Ohleago <fcWest Michigan
Clev. Lorain A Wheel’g-.
Col. Sandusky A Hook’g.
Denver & Rio Grande....
Detroit Lans’g A North’n
Evansv. A Indianapolis..
Evansv. A Terre Haute..
Flint A Pere Marquette.
Georgia A Alabama.......
Grand. Rapids A Indiana
Cin. Rich. A Ft. Wayne
Mus. Gr. Rapids & Ind.
Grand Trunx ol Canada.
Intern’! A Gt. North’n ...
Kanawha A Michigan___
Kan. City Pittsh. & Gull.
Kan. City Sub. B eit.......

Increase.

Decrease.
%
4,082
1,335

$
19
2,015
9,857
102,000
881
3,598
39,235

15,764

8,922
3,550
3,914

92
2,800
1,347

16,418
17,131
898
3,282
884

6,809

9,988
2,466

128
26,952
3,198

567
2,193
2,176

7,687
2,333
634

27,057
17,944
3.265
14,217
18,000
14,000
11,556
15,809

- 2,841
380

2,459

337,113

—

13,922
256
30,758
15,769
::::::::

42,037
268
3,778
11,133
87,529
8,125
30,057
24,572
10,252
10,341
390,867
53,754

For the third week of July our final statement covers
81 roads, and shows 2*79 per cent gain in the aggregate.
3d week o f July.
P rev ’ly reported (71 r’ ds*
Des Moines & Kan. City,
Georgia...........................
Interooeanio (M ex.).......
Kan. City Mem. A Birin..
Keokuk A Western.........
Mexican R ailw a y..........
Mexican Southern.........

1896.

1895.

$
$
6,160,520 5,987,814
1,878
1,773
23,064
18,792
43,400
45,500
16,922
15,287
5,658
6,323
57,511
56,633
13,092
9,635

3d week of July.

1895.

1896.

Increase.
8
321,872
105
4,272
' ‘ 1,635
878
3,457

Decrease.
*
149,166
2,100
665

8t. Joseph A Gd. Island..
Toledo Peoria A West’n ..
Western N. Y. A Penn...
Total (81 roads)....
Net Increase (2*79 p. 0.).

[v o l . L x m ,
1896.

1895.

Increase.

«
12.554
17,516
72,400

$
6.813
895
..........

6,418,753 6,244,257

339.927
174,496

*
19,367
19,44:1
58,900

Decrease.
8
13,500
165,431

For the month of July 8i roads (all that have furnished
statements for the full month as yet) show aggregate results
as follows :
Month o f July.

1896.

1895.

$
$
Gross earnings (81 roads) 29,325.426 27,852,995

Increase.
$
1,472,431

Per Cent.
5-29

It will be seen there is a gain on the roads reporting in tha
amount of $1,472,431, or 5*29 per cent.
Wet Earniugs ttoutlily to Latest Dates.— The table follow­
ing shows the net earnings of S team railroads reported this
week. A full detailed statement, including all roads fr >m
which monthly returns can be obtained is given once a month
in these columns, and the latest statement of this kind will
be found in the Ch ro nicle of July 18, 1896. The next will
appear in the issue of August 22, 1396.
,----Gross Earyunas.---- «.
1896.
1895.
Roads.
$
$
Atlantic A Pacific__ June
..............................
Boston A Albany, b -Apr. 1 to J udo 30.„_. 2,340,882 2,288,315
Jan. 1 to Jane 3 0 ... 4,413,467 4,328,201
Bull. Rocli. A Pitts, b. June
285,959
261,934
Jan. 1 to June 3 0 .... 1,542,751 1,416,117
July 1 to June 3 0 .... 3,179,776 3,066,441
Burl. Ced. R. A N o.a.. June
351,857
297,138
Jan. 1 to June 30___ 2,112,684 1,739,033
Cfiic. A East Illinois. June
277,285
283,533
July 1 to June 30___ 4,014,623 3,667,869
Cliio. A West Mich. .June
127,981
130,208
JaD. 1 to June 3 0 ....
734,917
788,805
Cin. N. Orl. A Tex. P. June
278,732
296,699
Del. Lack. A Western—
A p r. 1 to June 30___ 1,931,063 1,993,241
Jan. 1 to June 30---- 3,415,164 3,660,410
Syrac. Bing. & N. Y . —
Apr. 1 to June 3 0 ....
231,836
253,887
Jan. 1 to June 3 0 ....
394,629
428,308
Den. A R. Grande.b June
656,147
579,573
Jan. 1 to June 30___ 3,468,918 3,209,301
July 1 to June 30 ... 7,551,187 6,916,841
Del. Lans. A Nor.a..June
94,938
92,236
Jan. 1 to June 3 0 ....
524,159
547,920
Duluth A Iron Range —
Jan. 1 to June 3 0 ....
857,796
738,532
E r ie ........................ June 2,618,091 2, 450,411
Jan. 1 to June 3 o ___14,498,647 13, 765,346
Deo. 1 to June 30__ 17,o l 7,374 15 998,706
Fitchburg, b—
Apr. 1 to June 3 0 .... 1,845,788 1 ,764,890
Jan. 1 to June 30___ 3,521,808 3 ,344,99 7
332,772
Kan. C. Ft. S. A M.a.June
335,528
Jan. 1 to June 30___ 2,136,583 2,128,141
July 1 te June 30___ 4,538,679 4 ,542,162
75,530
Kan. C. Mem. A B .a . June
77,486
478,664
Jan. 1 to June 30---538,294
July 1 to June 30___ 1,189,651 1,035,605
Loui8v. A Nash v.b .June 1,648,387 1,547,317
Jan. 1 to June 30 ... 9,670,629 9 ,089,116
July 1 to June 30....20,390,711 19 ,275,994
731,861
Mexican Central... .June
736,901
,603,911
Jan. 1 to June 30___ 4,835,787
340.143
Mexican N ational... June
382,766
153,827
Jan. 1 to June 30___ 2,399,386
Mobile A Ohio—
Jan. 1 to June 30___ 1,725,164 1,598,439
July 1 t June 3 0 .... 3,619,072 3,269,990
614,798
Norfolk A West’ n .a . June
945,114
4,417,472
Jan. 1 to June 30___ ‘ 5,664,244
'
200,077
207,513
Rio Grande W est.b. June
Jan. 1 to June 30 ... 1,108,334 1,044,398
July 1 to June 3 0 .... 2,457,356 2,189,688
450,864
524.548
St. Louis A San F r.. June
Jan. 1 to June 30___ 2.9L8,65l 2,762,513
July 1 to June 30___ 6,162,052 6,081,423
Soachern Pacific.b..June 3,564,933 3,725,209
Jan. 1 to June 30..22,214,358 23,084,350
142,385
ToledoAOliio Cent b June
147,851
771,656
872,712
Jan. 1 to June 30___
July 1 to June 30---- 1,944,503 1,903.989
248,862
264,842
Ua. P.D. A Gulf. b .. .June
Jan. 1 to June 30 ... 1,482,282 1,423,147
278,346
W est.N.Y.APenn.b. June
256,531
j^Tan. 1 to J une 3 0 .... 1,365,514 1,492,461
July 1 to Juue 3 0 .... 3,186,081 3,282,011

■Earnings.----1896.
1895.
$
92,000
471,457
523,737
1,258,986 1,335,374
38,064
96,888
480,126
331,703
894,011
979,059
87,118
*-5,4f 6
664,199
507,243
115,449
88,780
1,766,362 1,333,054
12,305
9,030
101,072
106,725
71,438
94,033
952,165 1,075,934
1,537,894 1,838,259
101,945
136,290
186,630
143,095
277,306
258,400
1,365,482 1,322.4 81
3,202,406 2,925,629
18,045
7,763
101,918
69,258
321,211
274,061
544,302
740,168
3,5*3,710 3,141,183
4,139,952 3,643,035
456,213
825,073
112,862
654,793
1,413,733
642
83,930
223,761
478,512
3,001,064
6.885.505
254,58 3
3,714,375
1157,467
11,055,019

466,132
869.442
103,878
645,408
1,409,996
def. 10,729
46,197
163,027
429,063
2.891,583
6,998,221
285,407
1,917,074
tl43,233
t951,351

501,350
1,293,869
189,458
1,116,323
73,740
383,352
957,961
164,888
1,052,887
2.416.506
1,001.805
6,264,593
37,641
258,693
617,844
43,383
248,308
; 107,512
429,283
*952,120

452,197
1,115,503
193,807
858,137
70,511
348,016
743.442
158,374
1,021,936
2,539,289
1,113,841
6,600,980
41,487
184,794
605,582
14,027
235,099
103,334
356,157
987,175

+ Deducting other expenditures for repairs, replacements and general
expenses, net income applicable to interest on bonds in June was
5581,749. against $66,918 last year, and from January 1 to June 30
$589,896, against $485,568. This is the result in Mexican dollars
treated (according to the company’s method of keeping its accounts)
as equivalent to 80 cents in United States money—that is, all depreci­
ation beyond 20 per cent has already been allowed for.
a Net earnings here given are after deducting taxes,
b Net earnings here given are before deducting taxes.
* Included in expenses for June, 1896, is $10,670, and from July 1 to
June 3o, $129,437, which in former years would have been charged
to betterments.

Interest Charges aud 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 or deficit
above or below those charges.
___

THE CHRONICLE.

A U G U ST 8, 1896.J

225

Latest Grose Earnings.
Jan. 1 to Latest Date.
—Inter't. rentals, lie.—. —Bal. o f Xet E a rn a. —
G ross
1895.
1896.
1896.
1895.
Earning s .
Week or Mo 1898.
1895.
1896.
1895.
*
Roads.
*
*
8
115,107
115,604
115,298 tdef.12,551
Chicago A East. 111. .June
$
*
9
♦131,292
July 1 to June 30___ 1.389,099 1,371,415 1531.906
Twin City Rap. Tran J u n e ....... 170,470
960.165 9 25,301
31.934 def.20,722 def 22.904 Union (N. Bedford)... J u n e ........ 18,79(3 171*221
33,027
OUlo. Sc W. Mich.. ..June
17,667
96,343
80,891
199,283
202,136
df.101,064 def.92,553 United Tract. (Prov i Ju n e........ 150,306 147,723 827,753
Jan. 1 to June 30. ..
741,618
194.323
203,470
73,836
64,077 Unit. Trao. (Reading) J u n e........ 18,054 18,858
87,752
Denver A Rio Gride. Jane
79,161
834,959
528,690 Utica Belt Line......... J u n e ........
July 1 to June 3 0 .... 2,367,447 2,390 939
82,091
75,123
24,854
22,216
16,199
7,715 def. 3.430
10.330 Wakefield Jk ^toue — Ju n e........ ” 5,648 "6.397
Det. Laos. A N or___June
Waterbury
Traoilou..
J
u
n
e
.......
20,148
117,491
110.431
21,278
157,450 def.69,484 def.55,532
138.742
Jan. 1 to June 30___
Wheeling Railway. J u n e ....... 14.823 14.2881,763
67,979
116.679 def.5,999 def. 12,801 Wilke&t). Sc Wy. Valley J u n e........ 43,101 38,372 236,505 139,798
Kan. C: Ft. S. Si M. ..June
117.961
22.900
July 1 to Jnne 50___ 1,390,^33 1,343.173
66,823 Worcester Conaol----- J u n o ....... 43.927 34 355 235.4.55 146,641
13,871 def. 15.865 def.24,6C0
Kan. C. Mem. A B(r..Juue
16.507
-Bantings in May, 1893, were Increased by Confederate 80I tiers' Re­
176,965
145,315
July 1 to June 30___
••2.372
*72,545.
union in Houston.
39,933
♦d e f749
38,698
Toledo A O. Cent___June
11.716
424,265 1157,813
July 1 to June 3 0 ....
469,564
♦190,739
* Including miscellaneous income and traffic guaranty from Kans* 9
City Ft. Scott Sc Memphis.
t A fter including other income received.
STREET

R A IL W A Y S

AND

C O M PAN IE S

T R A C T IO N

The following table shows the gross earnings for the lat* st
period of all s t r e e t railways from which we are able to o b ta in
weekly or monthly return-. The a r ra n g e m e n t o f the table is
the same as that for the steam roads—that is, the first tw o
columns c f figures give the groes earnings for the latest
week or month, and the last two columns th e earnings fo r
the calendar year fr o m January 1 to and including such la tes t
week or month.
STREET
G ross
E arning s .

R A IL W A Y S

AND

TRA C TIO N

CO M PANIES.

Latest Gross Earning*
Week or Bo

Akron Bedrd A* lev J u n e .......
Akron s l R v .A 111. Co. M ay.........
AUent'n A Leli. Trit'n 5Iay.........
Amsterdam St. Ry.. J u n e .......
Atlanta Con. HL K y .. J u n e .......
Baltimore Traction.. J u n e .......
Bath 8L By. IN. Y .I.. Jun o........
Bay Cities Conaol___ J u n e .......
Binghamton SL Ky... J u n e .......
Bridgeport Traction. 3.1 w kJulj
Brockton Con. at. By. J u n e .......
Brooklyn Elevated.. 4tb w k j'u e
Br'klyn Rap.Tr. C.._Bronklyn Height* July........
Br'klyn <*u'n* A But. July.........
Total for «y»t»-ni July.........
Buflah* R y ...... ......... March........
Central TnMS.IPntsb.) A p ril...... .
Cheater Traction...... J u n e .........
Chic. * So. Side K.T.. J u n e ........
Ctn. Newport A Cov.. A p ril........
Clt's Pas. Ry. iln d 'a l A p ril.......
City Elec. (Koine,On.) J un e........
Cleveland City B y___May...........
Cleveland Electric ,. Ju n e.......
Columbus St. Ry. (0.1 3d wk July
Coney Island A B’ lrn. J u n e .......
Consol. Traction. N.J May.........
Daav.G’sE.L. A8LR y, J u n e ........
Denver Con. Tramw. J u n e . .. .. .
Detroit R y................J u n e.........
Duluth S*A R y.......... J u n e ........
Erie Klee. Motor C o .. J u n e .......
Plashing A College P v June .
Port Wayne Cbneol... |M|^
May.b
Galvo-ton City R y . February..
Herkimer Mohawk 11ton A P'klort El. Ry.
Hooelck R y ............... June .
Houston City St. Ry May
Interstate Consol, ol
North A ttleboro... J u n e ____
Lake St- Kiev. <Chic.( A p ril.......
Lehigh Traction____ .{J u n e........
Lock Haven Traction A p ril........
ten don St By. (Out.). June . .. .. .
Lorain St. B y...........[J u n e ........
Lowell Law. A R a v .. J n n c........
Lynn A Boston.........Itthw kjuly
Metro!*.<KausaeCttyi J u ly.........
Milw.fcl. Ry. A L Co.! A p ril.......
Montgomery St. Ry J o n e ........
Montreal street R y... J u n e .......
BaehvUle St- By....... March
Newburgh Electric.. May..........
New England 0L— ;
Winchester A v e ___ J un e.........
Plym 'th A Kingston J u n e........
T o ta l....................4th wkJuly
NewHavenACentrev. J u n e........
New Ilarsn St. R y . ..
.........
New Loudon St R y.. IJune.......
New OrleansTraction Jtine
N. Y. A Harlem......... March
Northampton St. Ry.
(M a s s .(.........
March
Ogdens burg St- Ky
J u n e ...
Paterson R y ............. [June
puts. Prontenae A 1
Sou.Elec. By.(Kan. April
Po’heepsle AWapp. P. Jnne
Roanoke Street........ May.
Rochester R y........... March___ _
Savannah E lectric.. February..
Schuylkill Traction. J u n e .......
Senuylklll Yal.Trae. J u n e .......
Scranton Traction— IJune . .. .. .
Second Ave. (P itU b .ilA p ril........
Sloux c ity Traction J u n e .......
Steinway Ry............[Jnni
Streator Railway...... February.
Syracuse Consol____ J u n e . . . . . .
SyracuseE**L«ldeRy J u n o........

8rra<ij*e St. RR...... June........

Terre Haute EiV. By Jtay.........
Third Ave. <N. Y.| .. 'March......
aawutto B y . . . ...■■■■■ J u n e .......

1896.

1895;I

9
*
9.158
18.592 14,380
21,234 19,119
4.809
4,47.5
32,493 33.7 61
121,098 114,571
2,208
1.981
8,696
9,770
12.987 13.231
7,405
7,749
29,936 25.6-1
30,901 40,313

fan. 1 to Latest Th

1890.

las.'.

•
41,063
93.994*
69.518
80,744
73.223
23,337;
22,131
177.(45 150,998
593.891 531.904
9.241
8,991
41.455
40,241
63,603
50,459
174.180; 153.318
142,065 118.503
912,01b 1,,122.709

S t r e e t Hallway Net Earulugs.—The follow iag table gives
the returns of Street railway gross and net earnings received
tliis week. In reporting these net earnings for the street rail­
ways, we adopt the same plan as that for the steam roads—
that i». we print each week all the returns received that
week, but once a month (on the third or the fourth Satur­
day) we bring together all the roads furnishing returns, and
the latest statement of this bind will be found in the
C h k o s ic l e of July 18, 1896. The next will appear in the
issue of August 22, 1896.

---- Grow E arm ngs1896.
1895.
»
*
64.677
62.241
349,508
336,113

Rood*.
Denver Con.Tratuw. June
Jan. 1 to June 30___
Onion St. Ry. (N. Y i—
Apr. 1 to June 30___
Jan. 1 to June 3 0 ....
Weroe-icr Consol...Juue
Jan. 1 to June JO ...

139,926
242.296
43.927
235,455

-X el Earnings.— -»
1896
1895
at
a
24,370
25,058
135,018
126,342

119.705
202.051
39,355
196,041

64,759
92,794
12.003
59,400

54,572
78,397
14,201
50,161

#
Interest Charges ai d S u rp lu s . - T h e fo llo w in g S t r e e t

the foregoing, also report charges for interest, Jto., with the
surplus or deficit above or below those charges.
R o ad s.
D e u v e r C o n . T r a m w .J u n e
J a n . 1 U dJuuo 30 . . .

- I n t e r 11, rental 1 , Se.-~ —B a i. o f Net Barrie —
1896.
1895.
18 9 6 .
1995.
*
1 7 ,8 8 5
1 0 7 .1 9 1

8

S
1 7 ,4 4 5
1 0 4 .5 4 1

7,173
27,827

8

11.925
21.801

431.212 407,723 2.583.92- 2.,131,76
08.904 64380 406.669 329.630
500.018 472.603 2.990.59” 2,,4*11.395
335 154 *297,303
Aonaftl Report*.—The following is an iai-*x to all annual
59.147
53.971
14.805 13,523
19,503 20,800
94,160 reports of steam railroads, street railways and miscellaneous
93,822
59,041 54,908 370,158 377,790 1companies which h ive been published since the last editions
50.950 45.959 195J125 165,094
Of the INVESTOR* AND STREET R A IL W A Y SUPPLEMENTS.
75.985 72,75s
1.900
’ ‘ 9,8-3
T h is i n d e x d o e s not i n c l u d e r e p o r t s i n t o - d a y ’s C H R O N IC L E .
104.S97 01348 441,232 389,700
140.57s 136,002 795.511 691,199
N ote .—Full-face figures under Street Railways refer to Vol. 03.
11.739 11.998
R a ilro ad s and MiacBL. Co*a.
Str e e t R a il w a y s .
34.788 44.745 158,643 175,620
Volume 63 —
Page.
Volume# 62 and 63.
Page.
254.753 215365
A m e ric a n S p ir it * M a n u fa c t u r in g ,
AUcotniru
A L. V'.Traction........ &0fi
5,579
48.795
7.786
Calumat A Heel* Minina........ ... 186 Atlanta Consol. St. R y....,.... *27
64,677 62.241 349JW8 336,149 I n d i a n a A L a k e M i c h i g a n .................. I I S Lnularlllo Railway........... ... All
37.291
212,106
O h i o F a l l s C a r M f i r ................................. i s *
Metropolitan St. lly., Khihr* City. *27
. .1038
23,582 ‘21.503 108.081, 106.109 S a n A n t o n i n A A r * u « a * P a m . . . . 161 Milwaukee Klee. K>
62.855 S a n F r m n c t a e o A N o r t h P a c i f i c ........ 167 Norik Hudson County ... ........ i l l
71,460
18,691 13.693
Sacramento
Electric
row.
A
Lfft..
ill
9.093
2.231
2,2*8
Twin City liaptd Tranall............. 600
14.859 10,819
57,564
4L379
13.058 12.449
26.317
27,010
D e n v e r & R i o (Ir a m ie H E .
18,146
1,526
( Earning* for year ending June 30, 1896.J
4.010

AN NU A L

5 M 5 3;
10.891
52,900
9,453
57,433
1,467
5,292
5.005
38.783
24.404
8,865
7,568
37,199
5,677
32.208
30,32) *5.720 186,363 180308
55,153 54.836 674.110 631,276
159.128 161,720 1,012,917 960.842
126.673 i llo .7 » o 502,892 4 42.300
23,082
6,215! 4.910
26.510'
116,429 111.149 602,751 515,654
24,804 23.887
.........
I
8.544
5.805
25,160 24.249
3.329
2.626
16,209 15.274
4,920
4.499
20.011 15.9*2
5.804
5,129
113,503 121,931

104,382*
14,275

90.914

28,398
74,846
20,493
6 8 1 ,7 2 6
232,26b

2(0839

12,174
63.220
19,370
641,357
279,020

6,256
4.920
2,368
27.96 ! 81,065

19.307
8,047
15 5 ,7 4 0

133.593

1,377
8,400
4,060
70,975
5,441
7.080
5,384
29.275
38,905
6,4 h2
33,394
991
10.868
3.1 -7
26.580
13,777
87339

5.435
39,140;
15 ,6 6 5
210,775

12,572
187.100

3,174
65,038
3,470
8,224
4. *1 '■
20367)
22,388
6,273.
33.112
888
13,421;
3,303
24,795
12,848
.

45,603
26,039
101,778
136.042,
30,851
1 53. t 7 9

2,120
64,131
18,371
147.875.

60,950
584,541!

12,997

40,780
20,040
130,768
74,530
37.461

118,053
1.827
84,297
104,504

47,960
580.521
452.375

REPORTS

The earnings for the late fiscal year compare as follows
with previous yean*:
1894-95.

1893-94.

1892-93.

6.910,841
3.991,212

0,176,043
3,972,651

9.317,647
5,282,085

N e t e a rn in g . ........... 3.202,406
2,925,629
lute rent on bond* .... 1
f 1,997,950
Tax*-- ami Insurance .. !
) 342,256
Bettenueuta. ... . . . . . . f 2,307,447
71.332
M I .r e H a n e m ,.................)
Other income.........
cr.14,600

2,503.492
1,994.873
347,227
85,030
or.le.300

4,035,502
1,986,675
352,088
240.000
109,065
cr.54,575

2,367,447 2,596.939
528,691

2,415,830
87,662
...........

2,633,253
1,402,309
473,000

528,691

87.002

929,309

1896-96.

$

Oromearning- . . . . . . 7,551.187
Operating expense*.. 4.348.181

T otal........................
Burplna over charge...
D ivid'd, on pref-.tock.
New equipment.........
Bal.. surplus tor year.
- V . 62, p. 1040.

834.959

i 610,567

I

218,302

8

$

M obile & Ohio Railroad.
( Statement of operation* for year ending June 30. 1896.J
The following is an early statement of income for the years
ending June 80:
18 9 5-9 8 .

8

G ro ss e a r n in g ..................... 3 .6 1 9 .0 7 1
O p e ra tin g e x p e n s e ............2 ,3 2 5 .2 0 2

189 4 -9 6 .

1 8 9 3 94.

1892-93.

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

3 .2 5 3 ,0 9 2
2 ,0 4 1.6 5 4

3 ,3 5 8 ,4 70
2 ,2 5 9 ,1 8 9

f

.1,292,869
1,0)9,632

1,115,503
1,034,354

,. 234.237
New equip., Inelod. prlnol
pal oar trust debt
*" ■. 143,645

81,149
130,557

8

8

1.209,037 1.099,281
1,037,323 1,044,382
171,714

54,899

164,397

210,902

.sur.90.592 d f 105,408 snr.7,317 df 150,003

AU expenditures on account of betterments and improve­
ments have been charged to operating expenses.—V. 63, p.
186.

t h e c h r o n ic l e .

226

[V o l . L x m .

Toledo & Ohio Central Ry.

W estern New York & Pennsylvania R ailw iy.

fEarnings fo r year ending June SO, 1896J

(Earnings for year ending Juiic SO, 1S9G.)
The earnings for the late fiscal year have been compiled
The earnings of this compiny for the late fiscal year have
been compiled, and compare as follows wi h p-eviom y^ rs. and compare with previous years as follows:
1893.
1894.
1895.
1896.
The interest on the new general mortgage bonds from April i
Tears ending June 3 0 to June 3\ 1803, three months only, is inclu led m thei charges
9 8 4 ,8 3 1
1 ,9 4 4 ,5 0 3 1 ,9 0 3 ,9 8 9 1 ,1 3 2 ,3 3 4
7 1 1 ,5 4 6 6 4 2 ,5 5 6
1 ,2 9 8 ,4 0 7
1 ,3 2 6 ,6 5 9
of that year; interest on these bonds previous to April 1, l8.»o,
tva< provided for out of assessments on stock at the time or
3 4 2 ,2 7 5
6 0 5 ,5 8 2
4 2 0 ,7 8 8
. 6 1 7 ,8 4 4
reorganization in March, 1895. For the current fiscal year Other income.,
981
2 ,4 0 1
9 ,4 2 2
9 ,5 3 3
189*1-07, interest amounting to $325,000 on these bonds, will be
4 2 3 ,1 8 9
3 4 3 ,2 3 6
6 1 5 ,0 0 1
.
6
2
7
.3
7
7
a charge against income.
1 6 7 ,9 1 4
2 0 1 ,5 7 0
4 2 1 ,2 6 5
4 6 9 ,5 3 4
1 8 9 2 -9 3 .

Fixed charges and taxes

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

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

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

— V . 62, p. 591.

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

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

7 9 7 ,5 4 7
711

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

1 ,0 2 6 ,7 3 1

1 ,0 1 8 ,7 7 4

7 9 8 ,2 5 8

1 ,2 0 0 ,5 L9

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

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

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

7 0 5 ,8 9 3

6 8 5 ,9 1 4

6 8 2 ,6 0 6

6 7 9 ,2 4 9

3 2 0 ,8 3 8

3 3 2 ,8 6 0

1 1 5 ,6 5 2

5 2 1 ,2 7 0

1 8 9 1 -9 5 .

$

$
Gross carnlmrs.............. 3 ,1 8 6 ,0 2 9
Operating expenses........ .2 ,2 3 1 ,9 1 0
Net oarnings.............
Other Income................. .
Total ........................
Disb u rsem ents—
Int. on 1st rnorts............
Int. on real est. mort ...
I n t on equipment notes.
Taxes.............................
Miscellaneous................

| 7 0 5 ,9 9 3

T otal.........................
Surplus for year............. .

1 8 9 3 -9 1 .

$

GENERAL BALANCE S H EET JUNE 3 0 .

Assets —
1896.
Hoad anil equipment............................... $51,124,067
686,261
Stocks ami bonds owned.
1 8 0 ,1 6 7
Materials and supplies....... ......
9 5 ,5 3 6
Due from agents...... ...............
1 9 6 ,3 4 2
Due from individuals and oos....
8 5 ,8 1 8
Cash on hand............................
36,506
TJnaeerued Int. on equip, notes
200,620
Union Terminal R R .................. .
6,910
M iscellaneous................ .........

1895.
$ 5 1 ,3 8 1 ,0 7 9
1 0 5 ,2 3 1
1 5 7 ,5 0 5
1 1 6 ,0 5 5
5 7 1 ,0 6 1
3 1 ,7 5 7
4 7 ,3 6 3
2 0 0 ,6 2 0
6 ,7 0 0

Total assets................................
$53,212,777
Liabilities—
Stock....................................................... $20,000,000
Bonds (see S upim.bmknt ) ......... ............. 29,990,000
Equipment notes (iuol. in te re s t).........
188,252
Interest on 1st mortgage bonds..............
302,550
Real estate m o rtgages...... ..................
289,798
Wages and supplies, etc....... .
393,300
K ln u a Valley KR. warrants..................
57,000
Bills p a y a b le ............
62,720
Profit and loss .......................
1,929,029
M iscellaneous..............
123

$ 2 0 ,0 0 3 ,0 0 0
2 9 , 9 9 0 ,0 0 0
2 4 2 ,5 1 9
2 5 6 ,0 8 1
2 7 0 ,7 6 4
5 5 0 ,8 0 0
5 7 ,0 0 0
2 2 2 ,9 2 0
1 ,0 2 7 ,1 5 9
128

$52,617,371

Total liabilities..................................$53,212,777
—V. 62, p. 828.
&

Chicago

$ 5 2 ,6 1 7 ,3 7 1

Eastern Illin o is Railroad.

( Earnings fo r year ending June SO, 1896.)
The earnings for the late fiscal year have been furnished to
the C h r o n i c l e , and compare with previous years as follows :
1896.
Warnings—
\ $
Freight.................................................3,151,612
Passenger........................................... 727,111
Mall and express..............
108,338
Miscellaneous .....................................
21,229

1895.

1994.

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

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

1 0 ’, 1 9 2 f

1 2 7 ,2 4 8

.4.014,623 3,667,869 3,830,115
2,334,914 2,250,299
.1,766,362
. 154,643

1,333,055 1.609,816
169,653
125,637

. 968,995
. 234,478
. 185,626

962,901
234,958
173,556

.1,389,099
531,906
Dividends on preferred stook (6 p. c.) . 289,842

1,371,415
131,293
289,842

Balance nftor dividends............sur.212,064 df.158,549
—V. 62, p. 1039.
&

942,788
238,756
159,411

Central Vermont Railroad.
From March 30 to May 31, 1896, the receivers report their
income and disbursements as follows :
Receipts—
Cash on hand March 19.......................
On aooonnt of business prior to March 2 0 . - . . . . . . - . ......... .
On account of business sinoe March 20..............

$158,429
349,015
1,302,653

T otal...................................................................................$1,710,088
Disbursements—
On account of business prior to March 2 0..........$ 71 0,5 78
On aocount of business since March 20 ............... 791,216
Cash on hand May 31, 1896............ ....................... 208,294
T o ta l...................................................................................$1,710,088

The balance sheet of March 19, 1896, filed by the receiver
with the Court is given below. It doe3 not represent the
Consolidated Railroad of Vermont nor the §7,000,000 bonds
secured by mortgage on that road as a liability, for the reason
they do not appear on the books of the Central Vermont Rail­
road Co., nor does it embrace claims in suits and other dis­
puted claims of the Rutland Railroad Co., Ogdensburg Transit
Co., and many others of like character, which are the subject
of dispute. Nor does it embrace unadjusted overcharge an I
loss and damage claims.
Construction and equip. $ 1,866,912
Trust equipment...... .
471,631
Investments:
191,422
M. & W. R. Ry. exten..
18,654
Realest.,3t. Albans..
85,900
Real est., Burlington..
7,04)
Real est.,New London
Real est., Pier 36,East
16,493
River, New Y o rk ...
Stocks and bonds......... 1,939,010
Dne from persons and
companies.................
370,035
Due from railroads......
172,305
Receivers C. Y. RR. Co.:
Materials................
271,722
Cash..........................
158,419
Station agents and
conductors.......... _
142,879
Total..

Liabilities.
Central Verm ont stock.$1,000,000
Equipment bonds.......
425,000
Guaranteed bonds........ 11318,000
Floating debt............... 2,267,581
t American Express Co. +350,000
Consolidated coupons..
3 24,951
Due persons and cos...
386,844
Due railroads...............
541,651
Profit and loss...... ..
100,297

............... $5,712,427

T otal......................... $5,712,427

IT Ogdensburg & L^dre Champlain guaranteed debentures.
4 The American Express Co. holds $709,000 Central Vermont 4 per
cent consols at 50 cent of par value, to be held as collateral security
pending the satisfaction of this indebtedness.
— V. 63, p. 29.

F ite liburg Railroad.
( Earnings for the year ending June

0 ,1 8 9 6 . J

The earnings for the late fiscal year have been compiled as
1,340,955 below ; but it should be noted that the gross for 1895 in ­
394,548 cludes $88,411 of “ other income,” for which no corresponding
286,914 item appears in the 1896 figures, these being from an a d ­
vance statement. On the other hand, dividends paid in 1895sr. 107 634
96 are reported as $593,473, against $681,867 in 1894-95, al­
though in both years 4 per cent was paid.

Pittsburg Railway.

(Earnings fo r the year ending Jane 30, 1896.)
The earnings for the late fiscal year have been compiled and
compare as follows with previous years :
1896.
1895.
1891.
$
$
$
$
Gross earnings ................ 3,141,886 3,023,216 2,789,237 3,308,740
Oper. expenses A taxes.. 2.281,911 2,271,287 2,150,428 2,451,506
Net earnings.............
856,972
756,929
629,811
857,23*
Other Income...................
37,889
38,235
39,588
45,724
Total.......................... 894,861
795,154
669,399
902,958
Disbursements—
Int. on bonds A car trusts )
( 577,371
575,463
535,346
Interest on bonds of p to [, 603,899 l
prietary roads.............. )
l'
18,990
18,909
18,900
Rentals ... ..................... 127,160
124,960
123,932
72,981
Miscellaneous Interest....
45,858
31,252
30,126
24,029
T otal.......................... 777,217
752,483
743,426
651,256
Balance, surplus............. 117,641
42,671 def.79.027
251,702
GENERAL BALANCE SHEET JUNE 30, 1896.
A ssets.
Liabilities.
Road and equipment..$22,586,980 Oiipital s to c k .4512,000,000
Stocks A bonds own'd 1,003,671 Funded debt............. . 10,968,50)
Supplies on h a n d ___
245,814 Loftus & bills pay’b’e.
949,773
Due on acct. traffic...
319,385 lot. <fc rentals due and
Due on open accounts
62,912
a°orued.........
137,677
Bills receivable.........
304,000 I Due for w’g'e'e A's'unp.'
34 2'4 38
Cash on hand............
61,052 | Profit & loss, surplus.
- 185,478
---

T otal............. ...... $21,583,816
—V. 63, p. 116.

1 7 5 ,3 2 2

2 2 1 ,6 1 9

1 9 0 ,7 3 9

fBalance Sheet o f March 19, 1896.)

.1,921,005 1,502,708 1,735,503

Deductions —

Buffalo Rochester

1 5 7 ,8 1 3

Total...................... 21,583,816

Tear ending June 30—
Total miles operated.........

1896.
1895.
1894.
1893.
458
458
450
450
$
$
$
$
Total cross earuings........ 7,606,765 7,237,724 6,865,155 7,707,298
Oper. expenses and taxes.5,711,872 5,202,426 5,038,169 5,788,472
Net earnings............... 1,894,893 2,035,298
Rentals paid..................... 239,981
264,980
Interest on debt............. ) , nno , ar 5 1,014,084
Other interest................ 5 1,00/,iso £
7,391

1,826,986
264,980
985,487
59,223

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

Total fixed charges.... 1,262,167 1,286,455 1,309,690 1,239,040
748,813
517,296
699,786
Balance over obarges...... 632,726
Dividends on pref. stook..(4)593,472 (4)881,867 (3)502,000 (4)668,133
Balanoe, surplus.......

39,254

66,976

15,296

31,653

G e n e r a l b a l a n c e s h e e t j u n e 30, 1896.

Assets.
Road and equipment.$43,489,310
Other permau’ tinvest. 1,724,440
Supplies on hand......
891,427
Due on aoot of traffio
551,265
Due on open aooounts 1,306,638
Other investments___
681,515
Cash on hand .........
381.471
Operating expenses . 5,462,31 i
Interest, t a x e s * rtls. 1,511,722
Dividends 1893-96...
593,472

T otal......... .
-V. 62, p. 869,

$56,593,576

Liabilities.
Capital s to c k .............$24 360.000
Funded d ebt............. 22,,2 58,000
Loans *fe bills pay’ ble.
300.000
Tnt. due and aoorued.
3 )7,122
Dividends u n p aid ___
301,716
Wages,supplies & open
accounts -...... ...
832,095
Aooaiod rentals and
taxes n o td u e .........
227,351
Improv. and accident
fund..........................
99,754
Gross earnings................. 7,
,006,765
P rofit «&loss, surplus..
290,173
T o t a l......................$56,593,576

A

itgctet

8,

THE CHRONICLE.

1896.J

B o g t o n Sc A l b a n y R a i l r o a d .
fEarning* for the year ending June 30, 1390. J
T h e e a r n i n g s f o r th e la t e f i s c a l y e a r h a v e b e e n c o m p i l e d a n < l
c o m p a r e w i t h p re v io u s y e a r s a s f o llo w s .
I t s h o u ld be n o te d ,
h o w e v e r , t h a t t h e g r o s s f o r 1895, a 3 g i v e n i n t h is a d v a n c e
sta te m e n t, d o e s n o t in c lu d e th e ite m " i a t e r e s t o n c u r r e n t
b a la n c e s , ” w h i c h is i a c l u i e d i n t h e p r e v i o u s y e a r s , b e i n g $ 7 1 ,833 in 1395, $17,837 i n 1831 a n d $16,053 i n 1893.

18 9 6 .
T i a r a e m l. J u n e 30—
$
G ro s s e a r n in g s .. . . . . . . . . . 9 ,3 1 7 ,3 5 5
O p e r. e x p e n s e s A ta x e s . 6 ,9 1 1 ,8 6 7

18 9 5.
$
9 ,1 3 0 ,9 6 6
6 .5 7 9 ,3 6 1

189 4 .
1393.
*
$
9 .1 9 0 ,2 7 6 1 0 ,16 9 .8 7 5
6 ,7 2 0 ,2 8 8 7 ,7 5 0 ,0 9 9

2 ,1 3 5 .3 0 8

2 ,5 5 1 .5 0 5

2 ,1 6 9 ,9 8 3

2 ,1 1 9 ,7 8 0

78 ,0 0 1
33 7 ,9 8 0

78.0 00
4 5 3 ,1 5 0

73 ,0 0 0
3 3 1 ,1 1 0

79 ,0 0 0
3 1 2 .9 0 0

D iv id e n d s, 8 p. o ______

1 1 5 ,9 8 1
2 ,0 1 9 ,1 0 7
2,000,000

5 3 1 .1 5 0
2 .0 2 0 .3 5 5
2,000,000

1 5 9 ,1 1 0
2 ,0 1 0 ,5 7 3
2.000.000

390,900
2,0 29,8 90
2,000,000

B a!„»u rp. o verd ivs.

• 1 9 ,1 0 7

2 9 ,3 3 5

10 ,3 7 8

28,036

D u b u ra e m e n ta —

R en tals p a id ...........

• D o rs n o t I n clu d e " o t h e r In c o m e "— s e e e x p la n a t io n above-J
bsxasck

s u g a r j o s e 30.

18 9 6 .

assets—

1895.

8

199 1.

8

189 3.

•

•

R on d a n d e q u l p m e n t .. ..3 7 ,5 1 1 . 1 1 6 2 7 , 5 1 1 . 1 1 7 2 7 , 5 1 1 . 1 1 6 2 7 , 5 1 1 , 1 1 7
H u d son R iv e r b t ld g e e . .
1 7 5 ,1 9 5
1 7 5 .1 8 5
1 7 5 ,1 8 5
1 7 5 ,1 8 5
O th e r p e r m 'i I n v e a tm 'U . 1 ,9 3 1 ,2 7 6 1 ,9 3 1 ,2 7 6 1 ,9 3 1 ,2 7 6 2 , 0 1 1 , 1 1 1
1..............................
1 1 ,9 1 0
5 1 1 ,0 0 9
3 2 0 ,2 5 2
330 ,8 0 0
M a te ria ls a n d s u p p lie s ..
D u e fro m c o m p a n ie s an d
7 5 2 ,5 6 6 1 ,0 3 0 .9 1 2
in d iv id u a ls . . . . . . . . . . . .
8 9 1,2 8 6
7 5 1 .2 3 8
392.0 0 0
R ote* receivable..... .......
R e a l e s t a t e ........ _ .............. 1 ,3 4 7 ,7 1 1 1 12 8 ,2 9 6 1,0 7 8 ,0 8 9
t:.2 7 ... >0
627.0 0 0
S p e c ia l r q u lp m e n t........ .
627,0 0 0
I m p ro v e m e n t fu n d ___ _ 2 ,3 2 6 ,2 70 2 .2 8 1 .3 7 0 2 ,0 1 6 ,9 9 2 1 ,9 0 8 .3 1 2
8 9 1.6 9 0 2 ,7 3 8 .2 0 7
7 7 3 .1 8 7
816.787
C a sh .............
T o ta l a s s e t s ................3 6 ,2 9 0 ,7 1 3 3 3 ,9 8 8 ,3 1 0 3 7 ,9 9 9 ,7 1 0 3 1 ,0 3 1 ,2 6 9
L ia b U U ie * —

9 to o k , c o m m o n ................ 25,000,000 23,00 3,0 0 0 25.00 0 ,0 00 23,000,000
F u n d e d d e b t .................... 7.4 8 5 ,0 0 0 7 ,5 3 1 .0 0 0 9 ,1 7 3 ,0 0 0 5 ,8 6 1,0 0 0
N o te s p s y a b le ..........................................
1 9 7 ,3 0 0
* 8 0 ,5 0 0
........
I n te r e s t an d re n ts d a e
a n d s c o r n e d .....................
8 9,903
3 5 ,9 9 5
1 3 3 ,1 9 5
1 9 ,7 2 3
Unclaim ed dividends ami
5 6 1 ,7 3 8
5 6 3 .7 0 5
3 1 4 ,0 7 3
5 0 1 ,1 2 9
I n t e r e s t . . . ....................
L ed g er balances . . . . . . . .
3 2 3 ,1 1 7
8 12 ,3 8 2
6 3 0 ,6 1 9
1 8 8 ,7 6 7
Im p ro v e m e n t fu n d . . . . . 1 .8 7 9 .3 6 5 1 ,8 2 2 ,0 10 1 ,6 1 1 .1 3 3 1 ,1 7 7 ,6 9 1
2 6 0 ,0 5 7
1 6 8 ,1 5 8
1 1 6 .8 1 5
1 7 6 .8 3 J
Sinking fund and rn>•:«!.
30 0 ,0 30
______
R en ew a l grad e crossings
2 0 1.8 3 6
1 3 3 .0 1 9
IS L 693
13 1.V l 3
P ro fit and l o s s . . . . . . . . . . .
T o ta l l ia b il it ie s ____ 3 6 ,2 8 0 .7 1 3 3 3 ,9 8 8 ,3 1 0 3 7 ,9 9 9 ,7 1 0 3 1 ,0 8 1 .2 6 9
—V . 62, p. 868.
H a rris b u rg

T ra c t io n

Com pany.

( Statement for year noting June So, 1390.J
T h e fo llo w in g state m e n t
e n d i n g J u n e 3 0 , 1896:

has

G ro ss e a r n in g s ___ . . . . . . $ 2 1 3 ,1 3 9
O p e r a tin g e x p e n s e s ___ 1 1 1 .8 7 8

been

p u b lis h e d f o r th e

year

I n te r e s t, etc .
R e n ta ls . . . .
D iv id e n d s . .
T a x e s ............

N e t e a r n in g s ................... * 9 8 ,2 8 1 I T o ta l
B a la n c e s u rp lu s o v e r d iv id e n d s .. . . . . . . . . . .
A r e s o lu t io n is r e iio r t e d t o h a v e b e e n a d o p t e d a t a r e c e n t
m e e t i n g p r o v i d i n g t h a t d i v i d e d J* a b o v e 2 p e r o e n t a n n u a l l y
s h a ll
h e r e a ft e r
be
u s e d to liq u id a t e th e B o a t in g d e b t ,
a m o u n t i n g t o $175,000.
B a l t i m o r e Sc L e h i g h R a i l w a y .
( Report for the year ending June 30, 1390.)
T h e f o l l o w i n g s t a t e m e n t is p u b l i s h e d f o r t h e la t e fis c a l y e a r :

G ro s s receipts ---- - . . . . . , $ 1 3 1 . 1 7 9 I Coo*tru<’tlo n , e t o ................ $ 1 ,9 3 5
O p e r a tin g e x p e n s e s __ _ 10 0 ,7 2 0 | I n t e r e s t ....................................
5 ,8 5 1
N s t e a r r ln g s .................

$ 3 0 ,7 5 9 |

B a la n c e , s u r p l u s ............$ 2 2 ,9 7 0

O u t o f t h e s u r p lu s e a r n i n g s t h e r e h a s b e e n p a i d o n a c c o u n t
o f t h e d e b t d u e to th e M e r c a n t i l e T r u s t & L> j p x i t C o m p a n y ,
$ 13 ,2 53, r e d u c i n g t h is d e b t to $85,000.
T h e o p e ra tin g e x ­
p e n s e s i n c l u d e $ 3 ,16 0 f o r m a t e r i a l s s t ill o n h a n d . — V , 63, p . 987 .
N assau

E le c t r ic

R a ilr o a d .

( Balance Sheet of June 30, 1390.J
Quarterly.—F o r t h e t h r e e m o n t h s e n d i n g J u n e

30, 1896,
g r o s s e a r n i n g s w e r e $165 252 ; n e t , $187,801 ; o t h e r in c o m e ,
$ 1 8 ,9 3 5 ; f i x e d c h a r g e s , $18 1,6J4, l e a v i n g b a l a n o s s u r p l u s f o r
t h e q u a r t e r o f $22,053.
T h e b t l a u c e s h e e t o f J u n e 33, 1896, is
as f o llo w s :

im k .
R oad an d e q u ip m e n t...$ 8 ,0 8 5 ,5 9 8
S u p p lie s ...............................
23,9 2 5
O p e n a s e o u n t s . .. . . . . . . .
108 ,921
C a s h .....................................
1 8 1 ,6 5 7

Prepaid insurance......

7.139

B e tte r m 'ts le a s e d lin e s
1 7 6 ,3 5 7
In t. to p ro te c te d lin e s . *[2,009,000

Liabilities.
C a p ita l s t o c k ............... .. 66,000,000
• 1 d e b t ..................... 1,0 19 .0 0 0
L o a n s s o d b ills p a y'lile.
1 1 2 ,9 0 0
I n te r e s t accrues!.........
5 0 .6 1 2
W a g es and supplies ...
5 3 ,5 7 9
O p en accounts. .... ...
1 1 8 ,3 3 1
T a x e s an d r e n ta ls ac o r.
86,1 1 s
T ro& t a n d lose, surplus.
36,250

T o ta l M o o t s ............9 ?0 .5 8 6 ,8 8 £ I
T o ta l I ta b tU tie * ....9 10 ,9 4 4 ,3 4 9
*• R t f h n t« ttaa tt»* tr a c k * Of K in g * C o u n t? E»«otrto R a ilw a y C om
9*® /• C o a a y t t l a a l P o r t H a m ilto n a B r o o k ly n K > llr n a l C o u p a n r nn>)
tti« u n io n R a ilr o a d C o m p a n y o f B r o o k ly n , r m * tr u *ll »n o f vrblch 1*
s o f i r a l b y d a p Ml', o f BeourU te* a g a in s t o o o a tr icCl >u o in tr a n t* . *2,000.' O X — V . O f, p. 7 7 0 .

K U lt r a ? F q a i p i m i i t C t t t t p n j o f l i a n e s i t A .

( Report for the year ru ling May JI, l$96.)
President G&>r#e Cjpprll in hid report » a y « ;
O f t b a i a i a e o f 6 p ar o * a t t »n yo $r *>1*1 o a r tr a * t b o a Is o f 9 1,0 0 X 0 0 0 .
ther** In * b a s n r r l ^ n M a f.irttia r su m o f 9 * 0 ,0 9 ) d a r in g tin .
p a s t fi*oa» y e a r .
W e h a t e p i r c h i M l » f| iip D ) 3 t a t a c u t o f

227

$1,521,539, as follow s: 2,000 boxcars. 10 furniture cars, 12 ftrstclass passenger coaches, 1 second-class passenger coaches. * baggage
and express cars, 3 m sll aud express oars. 10 pass anger locomotives,
6 passenger and freight loc nil Hives and 21 Mogal looomotives. There
are 3lso 10 Mogul looouiotives which co3t $80, )b0, m iking the oost of
all equipment. $1.601519. Of the abo re, 6 1 ears d estroy'd will be re ­
placed by tba Chloago Great Western Railway Company as speedily as
possible. An inspection wbloh I have lately had mode of the equip­
ment shows it to be in a sa isfaetory condition.
It will be noticed by the balanoe sheet that tba investments of ths
company have been largely increased; and we have eo ntraeted for the
construction o f 203 furniture oars, wh oh wil bs teasel o tbe Chicago
Great We-tern Railway Company, to pay 6 par osut iaterest per an­
num on the investment, and the p fnoipal to be returned in ten
equal annual Instalments.
The Income aoeonnt for the year ending M ty l, 1833. shows: Re­
ceipts— R e n ta ls , $93.186 : interest on liv e s m snts. et $ 3 .0 1 0 ; total
receipts, $93,502. Paym ents—Iaterest on 1st mortgage bonds out­
standing, $17,558: dividen Is Nos 15 a n l 18, #5J,7Jj; sundries,
$i,349. B a la n o e , surplus for year, $811.
The directors o f ths oompanr for the current year are: George
Coppell. Gerald L. Hoyt, C. W. Benson, H. J. Brtghtmau, A. A
McKechnie.
OENERAL BALANCE SHEET SCAT 1, 1396.
" L ia b d U ie t.
C a p it a l s to c k ..................
I n v e s tm e n ts - ........- ..........
1 7 1 , 1 9 1 F ir s t m o r tg a g e 6 s ___ _
L o a n s . ............... ............. .
10 .0 30 Aooru-d interest-........
Cash ite m s .................
11.638 In s. on o ars d e s tr o y e d
a n d n o t y e t r e p la c e d .
S u r p lu s ........ ................

Atteta
Equipment..... .............$1,111,015

T o t a l.................................$ 1 ,6 1 3 ,1 9 1

$ 9 9 6 ,5 0 0
590 ,0 0 0

11,750
2 ,1 0 1
3 9 ,3 1 0

T o t a l . . . . . . . . . . . . ..........$ 1 ,6 1 3 ,1 9 1

.— T h e Item o f e q u ip n e a t , $ 1 ,1 1 1 ,8 1 5 . e m b r a o s s : E q u ip m e n t
p e r s ch e d u le s a t c a s h o ost $ 1 ,6 0 1 ,5 3 9 , d is c o u n t on s to c k b o n d s, $ 13 0 ,9 3 1 , leas p a y m e n ts r e c e iv e d o n a o c o u n t, $ 120,93 3. - V . 0 1 , p. 1 3 1 .
you

GENERAL

INVESTMENT

NEWS.

I t e o r s r A i ii/ f t t lo n s , E t c . •Latest D ita a s to Defaults, Reoranization Plans, Payment of Ooerdut Coupons, Etc.— A.II
a c ta o f th is n a t u r e a p p e a r i n g since t h * p u b l i c a t i o n o f t h e l a s t
issue* o f t h * I n v e s t o r s ’ a n i S t r e e t R a i l w a y S u p p l e m e n t s

?

m a y be re a d ily fo u n d b y m e a n s o f th e f o llo w in g in d e x .
T h is
i n d e x d o e * not i n c l u d e m a t t e r in t o - d a y ’s C h r o n i c l e . N u m b e r s
in b l a c k - f a c e t y p e u n d e r S t r e e t R a i l w a y s r e f e r t o V o l u m e 63.

KWtsftOADS AND MtSCBL. GO *§.

St r k b t R u l w a y b .

V o lu m e S 3 —
Pape
B a ltim o re A O h i o . . .........coup. 152. Iff*

V e lu m * 6 2 a n ti 6 3 —
F aro e.
A u « u « t a R r . ( Q a . ) .................... r g t r a . l l . a
C h i c , A S . s . l L T . w n i . 1 1 tale. 2 9 . 1 1 6
C i n d i n n a t i I n c l i n M P l a n o . .. e o / n . 1 0 1 0
IS3 H u t U o u E l a c t r i o R jr ................ recu r. 11 3 9
lft ) L * k « S t . K o r a t o d ( C h l c a g o l . c o u p i . » 1 9
1vj
K y .......................... r t»r Q . 1 S 9
l& l L $ n c t « i o r ( P a - > S t . R y .........c o u p o n . W O
l a d I N a a b r l l l o T r a * r U o n . ................reorg . a w
1H9
l* A I.
1 !»(»
IP O
. H a r a n u a h tw l*K r tr io .«a ,A IB ^ ; c o m . 1 9 0
S s»att!i> i ' i t r I l f ........ .................... .* iie . W O
IA S
■'♦tA ttIo C i d c o l . S t . I l j r j r . ......... * i l * . 1 1 7
IA 5
S.r MMO« S*rod 9
.....
liO
1UW > C o l o n E l e c t r i c ( S a r a t i o o ) ____ 1B5
U n io n S t. B y . ( D o r a r . N . I D . . M l r . l U O
1 Z a r u w T i l l e R l e c . S t . ( O h i o ) . . . r e o g. 1 9 0

• i linaKn >tv. a W«Mturu...iW.l. IHN
. — »u tm r. . »
C t n o la a tH f o t t U n r a .
. . . . . . .*»»<?.

D u lu th a W im u p o c »o>d, 1**»; plan.

O r t a d K o p M * A I n d i a n a . ........ p la n .
H u l * o o T u n n « l C o ...............
pla n ,
N o c r o a A W a t t o m ..........c o u p . p u r .
N - r t b a r a P a c i f i c ............................ m M .
M r a t fO O iL m p ........ 4 *J # a lt, I B ; rr .o r g .
P o r t Itoryai A A a r e a t a . .......... *%U.

St l/ah 4 S *n Kr*n i*-'i ..o>ip

T in t. S a b in # V a L A N o r t h * . . r g e r r .
U n i o n f V M t S e ................................. c o u p .

IBS

re>rj.

R a l t i m o r e tt O h i o R R . — P i t t s b u r g te ( ' u n u e l U r l l l o R R .
— Heeeir-n Certificate* . — A t B a l t i m o r e , A u g u s t 3 , O r l a u d o
S m i t h , 1’ r c - i d e n t o f t h « 1’ i t t s b u r g St C o u n e l l s v i l l e R R . , f i l e d a
p e t it io n in t h e ( J n i t e i S t a t e * C i r c u i t C o u r t , a s k i n g t h a t r e c e i v ­
e r s ' c e r t ific a t e s to t h e a m o u n t o f $650,099 b e a u t h o r i z e d f o r
im p r o v e m e n t * a n d b e tte rm e n ts .
T h e p e t it io n a l l e g e s t h a t t h e
r o a d U s u f f e r i n g f r o m l a c k o f t r a n s p o r t a t i o n f a c ilit ie s .
The
n e c c s s ir y im p r o v e m e n t a n d e stim a te d c o st a re : t e r m in a ls a t
P it ls b u r g , in c lu d in g a d d it io n a l
la n d ,
$31 0,700; a d d i t i o n a l
s e c o n d a n d t h i r d t r a c k s , $113,800; n e w y a r d a t C o n n e l l s v i l l e ,
w i t h f iv e m ile s o f y a r d
t r a c k , f i f t e e n s t a ll r o u n d h o u s e ,
m a c h in e s h o p , t r a i n s h e d , c o a l c h u t e s , Sco., $72,000; r e s e r v o i r s
a t L a y t o n 's , G r i f f i n , H o b b i n a n d G le n c o e , $ 12 ,5 90; r e l o c a t i o n
a n d c o n s t r u c t i o n o f li n e b e t w e e n F o l e y 's S i d i n g a n d F a i r
H o p e B r i d g e , w i t h n e w s t e e l b r i d g e , a r c h i n g t u n n e l , e t c .,
$181,000; t o t a l, $750,000,
T h e p e it i o n s t a t e s t h a t b y e x p a n d ­
i n g $650,000 t h e w o r k c a n b e so a d v a n c e d t h a t it c a n b e
fin is h e d o u t o f e a r n i n g s .
T h e B . & O . r e c e i v e r s , i t is s t a t e d
t h o u g h t th e n e t e a r n i n g , s h o u ld b e u s e d f o r t h s p u r p o s e , b u t
M e s srs . J . P . M o r g a n & C o . a n d S p e y e r & Co., w h o r e p r e s e n t
b o n d h o ld e r s , s u g g e s t e d t h a t it w o u l d b e b e s t to r a i s e t h e i n a n e y
b y t h e is s u e o f th e r e c e i v e r s ' c e r t ifi c a t e s , t o r i n k a h o l d o f th e
bon ds.
T h e p e t it io n w i l l b e h e a r d o n A u g . 10.— V . 63, p . 188,
B o s t o n Sc A l b a n y R K . — Quarterly, — E a r n i n g s f o r t h e q u a r ­
t e r e n d i n g J u n e 39 h a v e b e e n r e p o r t e d a s f o l l o w s .
A state ­
m e n t f o r th e y e a r is g i v e n o n a p r e c e d i n g p a g e .

3 m o n th .
end. Ju n e 3 0 —

G ro u t
tn r n in o t,

18 96 ...............................$ 2 .3 1 0 ,8 .2
18 <5................................. 2 ,2 8 6 .3 1 5

-V . 62, p. 868.
C h ester *
p a t c h to t h e

L e n o ir

Set
e a rn tn o t.

I n t e r ea t.
t a r e * , e tc .

B a la n c e ,
tu rp h u ,

$ 1 7 1 ,4 5 7
5 2 3 ,7 3 7

$ 1 0 9 ,3 6 7
1 3 7 ,4 6 7

$ 36 2,0 9 0
38 6, 270

R R . — Reorganization.— A s p e c i a l d e s ­
fro m L e n o ir, X . C ., A u g . 6 , sa y s ;

Evening Pont

Tho report o f W. F. n »r p »r , receiver, up to January la.t, .hows
g ro .» earning, amounting to $13,000 more lin n f ir the preceding
year. At a recent meeting A. G Brice e f the bondh Oder's commit­
tee stated th ,t the work o f reorganisation w *» proceeding as satisfac­
torily •* oould !>• expected, but nothing had developed to liter the
original programme o f the r o r g a o l* »tl n o imailMet; th *t the holders
of *250,0 M> worth o f the bond, o f the oomptny h id agreed to go into
the reorganisation, and that if they suoeoed In getting possession of
the prooerty without having to p »y nitre th»n ths amen it o f their
bonds, they propose to a low thestooxhoiders 59 esms on the dollar
for their sto dc. I t . t i l l Bot think it probable th >t the reorganization
arrangement, would meet with any etriott, opposition.— V. 02, p. 103.
C h e s a p e a k e O h io A S o u t h w e s t e r n R t l l r o i d — C n e s a p e a k e
O h i o * S o i l h w e s t e r n R s l l w s y — I l l i n o i s C e n t r a l R R — .Verc
C'unptny .— T h e f o r e c lo s u r e sale having been duly c m f i r m t d ,
the I l l i n o i s C e n t r a l , a t m i d n i g h t July 3t, to >k plssessioa of
t h e p r o p e r t y o f l l i e o ld C h e s a p -a k e O l i o St Southwestern, a n d

228

THE CHRONICLE.

for the present will ■p-rate it “ as agent for the purchaser. ’ The
new company, the Chesapeake Ohio & Southwestern ItaitoflJ,
filed articles of incorporation on August 1 — v . 63, p. lot*. i--•.
Called Bonds.—The following bonds have been called for
payment. The numbers may be learned ac the offices of the
respective companies:
C a m b r id g e . M a s s . (S t r e e t ), R R , —Thirty bonds w ill be re­
deemed Oct. 1.
1i .l i .v o is C e n t r a l RR. - Fifty 5 per cent sterling bonds will
be redeemed in London on Oct. 1.—V. 63, p. 189.
U n io n P a c i f i c RR —Fifty nine collateral trust bonds have
been called, interest ceasing Auguet 21.—V. 63, p. 190.
Chicago A Eastern Illin o is R R .—Chicago Pailacah &
Memphis U y .—Option to Purchase.— Extension.—The Chi­
cago & Eastern Illinois has secured an option to purchase the
Chicago Paducah & Memphis, a road 97 miles in length, ex­
tending from Altamont, 111. (20 miles south of Shelbyville on
the C. & E IU.), southerly to Marion, III., a station on the
St. Louis Alton & Terre Haute (Illinois Central system), about
35 miles north of Cairo, III. If the purchase is consummated,
it is proposed to build a line connecting Shelbyville and Mar­
ion. The Shelbyville Southern) RR has been incorporated
this'week to build a road between the points, and is presum­
ably organized in connection with the proposed deal. Press
dispatches say contracts for construction have been let, work
to begin as soon as the right of way is secured. By building
a line into Cairo connection would be secured with the Mobile
& Ol io, the St. Louis Southwestern anfl*r>rher roads.
On a previous page will he found a statement of the
earnings of the Chicago & Eastern Illinois for the late fiscal
year.—V. 62, p. 1039.

[V ol . L x m ,

debtedness of the companv, and also to acquire new property
as from time to time shall seem necessary.
"Th ese bonds will be authorized to an aggregate amount
not exceeding $30,000,000, payabD July 1, 1996, and bearing 4
per cent interest, payable ou the first days of January and
Julv in each year, both orincipal and interest being payable
in United States gold coin of the present standard of weight
and fineness.’ ’
Purpose o f New Issue.— The $30,000,000 bonds will be issued
and reserved as follows:
To be reserved, under oarefu l restrictions, fo r the r e tir e ­
m ent o f bonds issued o r to b e Issued under the ex istin g
m ortgages upon the property, including equ ipm en t notes
and ca r trusts— as fa r as possible a ll bonds so acquired
to be deposited w ith the tru stee o f th e new m ortg a g e
as a dditional security ...... ................................... - ..............$22,000,000
T o b e exchanged fo r the issue o f .81,475.000 Ohio L a n d &
Railway purchase m on ey m ortga ge 20-year 6 p e r oent
g o ld bonds, w ith January, 1897, coupons attached, at
the rate o f $1,300 o f new 4 per cent bonds, ca rryin g
January, 1897. coupons, fo r each Ohio L a n d & R a ilw a y

Company b o u d ..................................................- ........—
To b e exchanged fo r th e issue o f $300,000 o f Wellslon <£
Ja'kson Beit Ry. first m o rtg a g e six p e r cent g o ld bonds,
w ith February, 1897, coupons attached, a t th e rate o f
$1,400 o f n e w 4 p e r cent bonds, c a rryin g January, 1397,
ooupons. fo r each W ellston & Jackson B elt R iilw a y

Company bonds............ ........................... .......................

T o be from tim e to tim e a va ila b le fo r use, u n d -r ca re fu lly
guarded restrictions, fo r necessary and prop er im p r o v e ­
ments, additions to and en largem en t o f the ra ilw a y
system , as m ay hereafter be necessary or ex p ed ien t, all
o f wbjoh w ill b e added to and inclu d ed w ith in the
pledg'd and secu rity o f the m o rtg a g e ; i t b ein g u nder­
stood that not m ore than $400,000 o f the 4 p e r cent
bonds shall be issued fo r such purposes in each calen dar
y e a r ....................................... . ................. .................... -........

1,917,500

520,000

5,562,500

T o ta l authorized issue to 'b e .......................... .................. $30,000,000

Earnings and Interest Charge.— The circular states as fo l­
Chicago A Northwestern Uy.—Elevation of Tracks in
Chicago.—The Railroad Gazette of Aug. 7 contains an illus­ lows the position of the company as it w ill be with ihe new
trated article regardiag the work, iu which this company is
engaged, of el vating its tracks in Chicago.
From this
article the following facts are taken:
The company last year completed the work of raising its
tracks on the Galena Division, between Sacramento Avenue
and West 40th Street, about two miles. The work laid out
for this year consists in elevating t e tracks of the Milwaukee
Division, between Diversey Avenue and Balmoral Avenue, a
distance of about 17,400 f t , or about 3'3 miles, of which
about three miles will be practically level. From Wrightwocd Avenue there will be an 8 per cent rise for 1,219 ft., to a
point south of Diversey Avenue. The work makes necessary
the construction of twenty subways ac the various streets
intersecting the railroad. A t each of these points three tracks
are to be carried over the streets through girder bridges rest­
ing on masonry abutments. The work was begun at Mon­
trose Avenue, June 15 and it is the intention to work south,
completing the elevation of the tracks to Diversey Avenue.
I f there is sufficient time remaining, the balance of the work
north of Montrose Avenue w ill be finished this year; if not,
it will be carried over until next summer,—Y . 63, p. 1087.

Cincinnati Southern Ity.—Cincinnati New Orleans &
Texas Pacific Ry.—Southern Ry.— Cincinnati Hamilton &
Dayton Ky.—Lease Rejected.—A t the special election in Cin­

cinnati held on Monday, tb proposition to sell the Cincinnati
Southern Ry. to A. B. Andrews, First Vice-President of the
Southern Ry. Co., and H. A . Taylor, acting for the Cincinnati
Hamilton & Dayton interests, was rejected by a vote of 15,730
to 15,392.—V. 63, p. 153.
Hocking Valley & Toledo R y —Financial
Plan—New Mortgage.—Vice-President S. D. Davis has sent to
the stockholders a circular calling attention to the great de­
velopment of the company’s earning capacity since the pres­
ent management took possession, and announcing a plan for
providing for future requirements through the making of a
new mortgage. The circular says iu part:
“ Daring the past six years the average annual gross in­
come has been over $3,100,000; the average annual net income
(after payment of all taxes) has been over $1,400,000, and the
total surplus earnings applied in payment of prior indebted­
ness, or in betterments to your property, have been over
$200,000 per annum. The improvement and extension of the
road during these six years has enabled it with the lowest
rates per mile yet reached for passengers (1 '86 cents) and for
freight (0‘58) to transact its business at an average ratio of
0714 per cent of its gross earnings, which favorable showing
is substantially guaranteed for the future by the following
conditions finally established by the present management:
Columbus

}■ The grades of th- main tine have been reduced to i s feet to the
tulle (excepting as to 8 miles only), tints uermittlug freight train
louclfi iiHarLv iwio6 as large as these of other roads operating in the
r- Substantially the only unappropriated eoal land within the district, to the amount of 11.000 acres, has sinoe 1803 been ho acquired
that jo u r company has the benefit thereof.
1
3. The new business h*s been considerably Increased by the acciuiaition of the Wellaton a J i okBon Belt RR.
4. The cost of handling: your lake tonnage is to bo much decreased
bj the new coal handling machinery apou the Toledo docks.
5. Valuable alliances and connections have boon established and
are hying oatablished to the north and northwest.

“ The board of directors is confident that this policy of im­
proving facilities should be continued, and that these being
secured hr adequate financial provision, results even more
favorable can be s'lown in the near future * * . Accordingly
a new mortgage is to be created to secure an issue of bonds
sufficient under careful restrictions to provide for all the in­

bonds issued :

A ft e r such exch an ge the in teres t ch arge upon bonds
p rior to the n ew 4s w ill b e ........................ .........................
In teres t upon $ 2,500,000 o f th e n ew bonds w ill h e ............

$1,031,030
100,000

T o ta l fix ed ch arge fo r the n e x t y e a r about ...... ........... $1,131,030
Th e n et earnings fo r the past s ix years, a fte r p a ym en t o f
op eratin g expenses and ta xe s, h a ve a vera g ed (not in ­
cluding ro y a lties received, nor earnings fro m the W ells­
ton B r a n c h )........................................ .................................... $1,322,800
Sinoe the acquirem ent o f the Ohio Land & R a ilw a y prop­
erty , th e roy a lties (h eretofore a pprop riated fo r the in ter­
est on the land bonds) h a ve a vera g ed a n n u a .ly ........... .
92,500
Thus m ak in g the a vera g e n et incom e a v a ila b le ...........
Minimum net inoom e a v a ila b le ........ ....................................
M axim um net Incom e a v a ila b le ........................................ .

$1,415,300
$1,202,155
1,584,641

Particular attention is also called to the facts brought out
by the statement in the CHRONICLE of July 25, page 153.
Further savings may be effected by the exchange of the
proposed general lien 4 per cent bonds for the outstanding 6
per cent and 7 per cent bonds or the retirement of the pre­
ferred stock when this can be done on terms satisfactory to
the company.
Stockholders Meeting.—The board of directors is proceed­
ing with the consummation of the plan, which was approved
by the stockholders at their meeting July 9, 1896. A meeting
of stockholders to give the statutory consent to execute and
issue the new mortgage w ill be held at Columbus, Ohio,
Sept. 8, 1896—V . 62, p. 153,
Denver Lakewood & Holden R R .—Receiver Appointed .—
A t Denver, Col., July 31, W illiam W . Borat was appointed
receiver of this road by Judge Hallett in the United States
District Court, on application of the Farmers’ Loan & Trust
Company of New Yorir, the mortgage trustee. The oompany
is said to be in default ou the interest of $637,000 of 0 per cent
gold bonds, dated 1890 and 1893. The line extends from
Denver to Golden, 13 miles, and branch, lJa miles;
total 14J£ miles operated with steam, together with 4J..J miles
operated with electricity. For the year ending June 30, 1894,
the gross earnings were $28,308; net, $6,710.
Duluth & Iron Range R R .— Listing .—The company has
made a second mortgage for $5 000,000 to pay off $3,500,000
income certificates, to provide for the payment of outstanding
obligations, for improvements, equipment, etc. The new
bonds are dated Jan. 1,1896, and are payable in lawful money
Jan. 1, 1916, and eover all the property of the railroad com­
pany excepting its laud grant from the State of Minnesota,
subject to the lien of the first mortgage of 3887. They are
subject to call at 105 and interest on any interest day, due
notice being given for four successive weeks by advertisement
in New Y ork and Chicago. The trustee of said mortgage is
the Central Trust Co. of N ew York.
The bonded indebtedness of the company is $6,332,000 first
mortgage bonds and $5,000,000 second mortgage bonds, of
which last $4,500,000 have been distributed. The company has
|no floating debt.
For the six months ending June 30 the earnings are reported
as follows :
Gross
6 moaths — earnin as.
1896...........$357,796
1895........... 738,532

Net
earnings.
$274,061
321,211

Other
income.
$5,587

Interest.
Other
on bonds. Paym'ts.
$158,300
$7,499
137,860
945

leaving a surplus of §113,848 ia 1896 , against §182,406 in 1895.
Of the now b rads §1,000,oOO hav e been listed on the New
York Stock Exchange.— Y , 62, p. 364.

THE CHRONICLE.

A ugust 8, 1896.]

Fitchburg K a t l r o i d — Quarterly —E a r n i n g s f o r t h e q u a r ­
te r e n d ia g J a n e 30 h a r e b e e n r e p i r c e i a s f o llo w s .
A a ca c e tn e n t f o r t h e fis c a l y e a r w i l l b e f o u n d o n a p r e v i o u s p a g e .
i
3 months
Grots
end. Jane 30—
ea/ runijt.
1 S 9 S . ...... ........ $W H5,?68
1815 ........................ 1,764,830
—V. 82, p. 869.
G eo rgeto w n

Xel
earnings.
S456.313
138.132

I n it rest,
laze<. etc.
SH2.158
385.613

Balance,
snrplui
$74,085
103,139
-t 4

A

T e iin i l l y t > w u (E l e c t r i c )
R r . — R e c e iv e r
w a s in s t i t u t e d r e c e n t l y f o r t h e a p p o i n t ­
m e n t o f a r e c e i v e r f o r t h is o o m p a n y b y t h e R . D . N u t t s l l
C o m p a n y , o f A l l e g h e n y . P a . , w h o s e e k to r e c o v e r a j u d g m e n t
f o r $959.' T h e y a l l e g e t h a t t h e r o a d is r u n n i n g a t a U r g e loss.
T h e N u t t a l l C o m p a n y a s k s t h a t t h e s e c o n d is s u e o f b o n d s ,
a m o u n t i n g to $ 3 0 ,A W , b e d e c l a r e d i n v a l i d , a n d t h e r o a d ’s

Applied fo r .— S u i t

a ffa ir s w o u n d u p b y th e C o u r t.
G r a n d R a p id s A I n d ia n a R y. — M u sk e g o n G r a n d R a p id s
I n d i a n a K R . — T r a v e r s e C i t y R R . - C o u p o n Payments.—
T h e G r a n d R a p i d s & I n d i a n a R v . C o . g i v e s n o t ic e t h a t p a s t d u e c o u x m N o . 16 o f J u l y 1st. 1894. o f
he M u sk egon G ra n 1
R a p id s A I n d i a n a R R . 0 . b o n d s a n d th e p a s t-d u e c o u o i n ,
N o . 2.5, o f J u l y 1 st, 1895. o f t h e fir s t m o r t g a g e b o n d s o f t h e
T r a v e r s e C i t y ]R R . C o ., a r e b e i n g p a i d b y M e s s r s . W i n s l o w ,

&

L a n i e r A C o . , o f t h is c i t y . — V . 63. 153.
H e l e n a W a t e r c E l e c t r i c P o w e r . — Construction.— Trans­
T h e c o m p a n y is c o n s t r u c t i n g a t h i r t y
f o o t d a m a c r o s s t h e M is s o u r i R i v e r fift e e n m ile s f r o m t h e
c i t y o f H e l e n a , M in t .
T h e c o n t r a c t s h a v e b e e n le t a n d th e
w o rk has begu n .
T h e d a m w i l l p r o d u c e 8,590 h o r s e - p o w e r a t
th e w h e e l s h e d .
O f th is , h o w e v e r , o o l v 1,500 h o r s e - p o w e r
w i l l b e u s e d a t p r e s e n t i n H s l e n a b y t h e E l e c t r io L i g h t C o . ,
t h e s t r e e t r a i l w a y c o m p a n y a n d th e v a r i o u s m o t o r s ; 1,0 0 0
h o r s e - p o w e r w i l l a ls o b e u s e d b y t h e P e c k a n d t h e C o r b i n c o n ­
c e n t r a t o r s a t E a s t H e l e n a , t w e n t y - f o u r m ile s d i s t a n t —Street

mission of Power. —

Railway Journal.
H o u s t o n C D y S t r e e t R y . — H o u s t o n E l e c t r i c S t r e e t R t .—
f h e H o u s t o n E le c t ric S t r e e t R i i l w a y C o . h a s b e e n c h a r t e r e d , w i t h $ 2 ,000,000 c a p i t a l s t o c k , a s
s u c c e s s o r , p e r p l a n in V . 61, p. 925, o f t h e H u is t o a C i t y S t r e e t
R y . , r e c e n t l y s o ld in f o r e c lo s u r e .
T h e d ire c t o rs a r e A . N .
P e r r in a n d G e o r g e E . S m it h o f B o sto n " A u s tin C o r b in
of
N e w Y o r k , a n d A lb e r t H . H a y w a r d , H . C . C h a s e , J. H .
K i r b y , T . W . H o u s e , W . D . C le v e la n d a n d E . P . H ill, o f
H o u ston .
T h e o f f ic e r s a r e A . N . P e r r i n , P r e s i d e n t ; A u s t i n
C o r b i n , V i c e - P r e s i d e n t ; H . C . C h a v , S e c r e t a r y . — V . 63. p .8 8 9 .

Reorganized Company. —

K ansas

M id la n d

U y .— S t. L o a fs * S i n F r a n c is c o R y .—
M e r c a n t i le T r u s t C o , a s m o r t g a g e
t r u s t e e , h a s b r o u g h t s u it a t W i c h i t a , K a n . , t o f o r e c l o s e the
m o r t g a g e f o r $1,608,006 o n th e K i n s a s M i d l a n d R y . , f o r m e r l y
a f e e d e r o f t h e S t . L o u i s A S a n F r a n c i s c o . — V . 03, p . 155,

Foreclosure Suit. — T h e

Y o u n g s t o w n F r o n t i e r ( E l e c t r i c ) R y . — Mort­
s t o c k h o l d e r s a r e r e p i r t e d to h a v e
a u t h o r i z e d th e m a k i n g o f a m o r t g a g e f o r $150,000 t o t h e B u f ­
f a l o T r u s t & S a f e D e p o s it C o m p a n y a s t r u s t e e .
T h e com pany
w a s i n c o r p o r a t e d A u g u s t 29. 1895. w i t h $ 6 0 .0(H) c a p i t a l s t o c k
to b u ild
a
r o a d in
N ia g a ra C o u n ty . F .
51. H a y e s , H .
C . H o w a r d a n d o t h e r B u f f a l o m e n b e i n g a m o n g t h e d ir e c t o r s .
— V . 63, p . 154.
L e w is to n

*

gage Authorized. — T rie

N o rth e rn
R y .— O h io S o u t h e r n
R R . — New Line
L i m a N o r t h e r n , n o w c o m p le t e d , e x t e n d s
f r o m L i m a , O . , th e n o r t h e r n t e r m in u s o f th e O a i o S o u th e rn ,
n o r t h e r l y to A d r i a n . M ic h , ( > n t h e W a b a s h
; R . , 59 m ile s
s o u t h w e s t o f D it r o it ) a d i s t a n c e o f 8 0 m ile s .
T h e r o a d th u s
f o r m i a n e w r o u t e v i a t h e W a b a s n t o D 't r o i t .
It h as b e en
b u i l t b y p a r t i e s n o l d i o g a m a j > ritv in t e r e s t in t h e s t o c k a a i
s e c o n d m o r t g a g e b o n d s o f t h e O h i o S o u t h e r n , f o r w h i c h it
f o r m s a n o r t h e r n e x t e n s i o n . — V . 6 i , D. 1064: V . 03, p . 1149.
L im a

Completesl. — T n e

Long
Is la n d
R U . —Depressing Tracks in Brooklyn. — A
c o m m is s io n is h o l d i n g h e a r i n g s in B r o o k l y n i n r e g a r l to th e
a d v i s a b i l i t y o f h a v i n g t h e t r a c k s o f t h s c o m p a n y w i t h i n th e
c i t y lim it s d e p r e s s e d s o a s to d o a w a v w i t h g r a d e c r o s s in g s .
T h e c o m p a n y ’s c o u n s e l is q u o t e d a s s a y i n g t o t h e c o m m i s s i o n ;
“ T h e c o m p a n y d o e s n o t t a X e th e i n i t i a t i v e in t h is m iv e m e n t .
W e h a v e s i m p l y a p p e a r e d h e r e in a n s w e r t o y o u r r e q u e s t a n d
s u b m i t t e d a p l a n w n i c h , i f t h e c h a n g e is t o b e m a d e a t a ll , w e
r e g a r d a s a p r a c t i c i l s o lu t io n o f th e q u e s t io n o f s t e a m in
A t la n t ic A v e n u e .
I f a ll t h e o t h e r n e c e s s a r y p r e li m i n a r i e s ,
i n c l u d i n g t h e i m p o r t a n t o n e o f m e a n s , c a n b e s a t i s f a c t o r i ly
a r r a n g e d . I b e li e v e t n e c o m p a n y w o u l d c o o p e r a t e in c a r r y i n g
o u t t h e p la n s u b m i t t e d . ’’
T h e c o st o f d e p r e s s i n g t h e t r a c k s
f r o m F la t b u s h A v e n u e t o S o u t h F e r r y is e s t im a t e d a t $1.18$.058, w h i c h w o u l d m a k e t h e t o t a l c o s t o f t h e w o r k f r o m S o u t h
F e r r y t o t h e c it y lin e $5,10 0,900, n o t t n c lu t in g t h e c m o f re ­
a r r a n g i n g s e w e r s , w a t e r m a in s , A c . , a n d p a v i n g t h e st re e ts .
T h e c o m p a n y h a s a l w a y s h e ld t h a t t h e in t e r e s t o n it s s h a r e o f
t h e c o e t w o u l d b e l a r g e l y , i f n o t f u l l y , o f f s e t b y t h e s a v i n g in
d a m a g e s u ite , c o e t o f g a t e t e n d e r s , e t c . — V . 63. p . 30.
L o u i s v i l l e Sc N a s h v i l l e R R — A c t u a l Figures.— T h e a d ­
v a n c e s t a t e m e n t o f e a r n i n g s f o r t h e y e a r e n d i n g J u n e 39,
1896, w a s g i v e n in t h e C H R O v t c o k o f i n l y 11, p . 74
The
actual f i g u r e s a r e n o w a t h a n d s h i w i n g g r o s s o f $20,399,711
( a d e c r e a s e o f $1,612 f r o m e s t im a t e d f i g u r e s ) ; n e t , $6,880,395
(d e c r e a s e o f $40 ,4 8 3 ), a m i a s u r p lu s f o r t h • y e a r o f $1,877,503,
a d e c r e a s e o f $15,270 f r o m th e e s t i m a t e ! s u r p l u s . — V , 6 3 , p. 71
M e t r o p o li t a n T e ln p h o n ‘ A T e l e g r a p h — N e w V o r k r e le p h o u e . — Corporation to Dissolve. — f h e s t o c k h o ld e r s o f th e
T e le p h o n e C o m p a n y A T e l e g r a p h C o m p a n y a t a
m e e t i n g t h is w e e k v o t e d to d is s o lv e t h e i r c o r p o r a t i o n ." T h e
b u s in e s s o f th e c o m p a n y h a s b e e n t u r n e d o v e r to t h e N e w

Metropolitan

Y o r k T e le p h o n e C o m p a n y , w h i c h
c o u i t s . — V . 63, p . 30.

229
a ssu m es c o n tra cts a u d ac -

M e x i c a n S o u t h e r n R y . — Readjustment Plan Approved,—
A t a g e n e r a l m e e t i n g o f th e s h a r e h o l d e r s a n d d e b e n t u r e s t o c k ­
h o ld e r s in L o n d o n J u l y 20, M r . C . C . M a c r a e , i n b e h a l f o f t h e
c o m m itt e e a o p o i a t e l l i s t M i r : h ( V
63, p. 5 9 ' ) , s -u b m it t e d a
p la n o f r e a d j u s t m e n t , w h i c h w a s a d o p t e d w i t h b u t f e w d i s ­
s e n tin g v o te s.
T h e s e c u r it i e s o f t h e c o m p a n y a t t h e p r e s e n t t i m e a r e :
O r d i o a r y s h a r e s . £ 1 ,0 0 9 ,0 0 0 ; p r e f e r e n c e s p i r e s . £ 1 ,0 0 0 ,0 0 0 ; s i x
p e r c e n t m o r t g a g e d e b e n t u r e s t o c k , £l,2fe»9,000.
T h e re are
a ls o d e f e r r e d i n t e r e s t w a r r a n t s .
U n d e r t h e p l a n t h e s e c u r it i e s a r e to b e :

First debenture * per cant stoak. redeemable at 110..............£600,000
Second debenture -l per cent stock, redeemable at 100...... .
600,000
New share capital................................. ............ .......................1,000,000
A s to t h e n e w d e b e n t u r e s t o c k , M r . M a c r a e s a i d ;

The lowest that the exchange has ever (alien to on the Mexloan s li­
ver dollar, which was their principal asset, was 2ld., and that would
bring the Interest on that subvention to £18,000, lust double the
amount of what was required to pay Interest in fu ll on their drat
stook. The second stock, which only required another £ 34.000 o f r e v ­
enue, was provided for out of the interest on the subvention atone,
without any reference to the earnings o f the road in the lowest
exchange that had yet bees known. Therefor-, he thought the'seeond
stock ought to be fairly safe o f getting its interest.
[ The oompany received *3.000.000 in 6 per cant silver bon is o f the
(lovcrniiuv.it o f Mexioo In lira of subsidy. These bonds were pledged
as part securltv for the debenture stook. and are the subvention here
referred to.—E os.]
T h e o ld s e c u r it i e s a r e to r e c e i v e t h e f o l l o w i n g a m o u n t s o^
th e ir p re se n t fa c e v a lu e in n e w s e c u r it ie s :

----- W ill r t r t i r t new:------.
I t l deb.

2d deb.

JVeie

slock.
slock. Shares.
Old S tru rili's —
Six per cent debenture stook
..50%
30 % )33>s%
..........
. ...
35%
t’ rebtrence stock ............ —
Ordinary stock ......................
........................................... 3%
t O f the £1,000,000 new capital stook. 40 per went (or £100,000)
are to be distributed among th i old bondholders. 25 per cent o f this to
the u-banturv stockholder, and l 5 per osnt to tho holders of deferred
interest warrants. Tne 3t>c per cent here given Includes both Items.
On the d»l>«nture stock alone this would be about 20-3 per cent.—V.
62, p. 690.
( N e w H a ves)—Retention—Sale
T h is c o m p a n y , it is s a t e d , in o r d e r to e x t e n d its l i n e
a d d m i k e i m p r o v e m - m w . is o f f - r i n g it s s t o c k h o l d e r s t h e r i g h t
to s u b s c r i b e to 100,000 s h a r e s o f W i n c h e s t e r A v e . S t r e e t R a i l ­
r o a d C o m p a n y ’s s t o c k ( o w n e d b y i t ) a t p i r , o n t h e b a s i s o f o n e
s h a r e f o r 11 o f N e w E n g l a n d s t o c k .

New England Street Ry..

o f Stock. —

A G r e e n w o o d L i k e R y . — E r i e H R . — .Veto M ort­
The N e w Y o rk A Q re m w o S d Lak e Ry. C o.
h a * f ile d a m o r t g a g e to t h e N e w Y o r k B - c u r i c v A
T ru st C o .
a s t r u s t e e , to s e c u r e $1,59 0,000 p r i o r li e n 3 p e r c e n t g o l d
b o n d s , d u - M a y 1, 1916.
These b o n d s ts k e th e p ta c e o f th e
o ld p r i o r lie n b o n d s o f 1892 m i h a v e t h e i r in t e r e s t g u a r a n t e e d
u n d e r a le a s e f o r 999 y e a r s to t h e E r i e R R . C o . , p e r a g r e e ­
m e n t in V . 6 3 , p . 233,363.
T h e le a s e h a s a ls o b e e n f i l e d a n d
d a t e s f r o m M a y 1, 1896. — V. p . 63, 189.
New fo rk

gage and IjOlse.—

N e w Y o r k A Q u e e n s C o n n t y B y .— S te in w a y
B y .— L o n g
Is la n d C it y A N e w t o w n R R . — F lu s h in g e C o l l e g e P o i n t
R y .—Consoluiation and New Mortgage — T h e N e w Y o r k &
Q ueen s C m a ty
R v . r e c e n t l y m o >rp o r a t e d ( V . 6 3 . p . 8 9 )
a s a c o n s o li d a t i o n o f t h e L o n g I s l a n d C i t y A N e w t o w n , R R . ,
R ik e r A v e n u e & S a n d f o r d 's P o i n t R R . , N e w t o w n R y . , S t e i n w ay Ry. and
F lu s h in g A C o lle g e
P o in t
R y . c o m p a n ie s
h as m a d e a m o r t g a g e to th e M e r c a n t ile T r u s t C o . a s t r u s t e e ,
s e c u r i n g f i f t y - y e a r 5 p e r c e n t g o l d b o n d s f o r $ 1 ,00 0 i » c h ,
d ated
Jane,
1896, w i t h in t e r e s t p t v i b l e
s e m i-a n n u a lly .
T h e fir s t c o u p o n is d u s O c t .
1, 1898
A
c o p y o f th e
m o r t g a g e it s e l f is n o t y e t a t h a n d , b u t it is s t a t e d to b e f o r
$4,200,000,
it
b e in g
p ro v id e d
th at
th e
bonds
s h a ll b e
a p p lie d
as
fo llo w s ; To
b e d e liv e r e d
to
th e
s e c u rity h o ld e r s
of
th e o ld L o n g
Is la n d A
N e w t o w n , in
con­
s i d e r a t io n o f t h e s u r r e n d e r o f t h e i r h o l d i n g s t o t h e n e w o o m ­
p a n y ,$1,100,000: to t h e s t o c k h o l d e r s o f th e S t e in w a y , N e w t o w n
H i k e r A v e n u e A S a n d f o r d ’s P o i n t a n d F l u s h i n g A C o l l e g e
P o in t r o a d s , In e x c h i n g e f o r t h e i r s t o c k , $375,000; r e s e r v e d f o r
a q u ir in g e q u ip m e n t a n d f o r fu t u r e e x te n s io n s o f th e r o a d ,
$500,000 ; f o r r e i r i n g a t m a t u r i t y $ 1 ,50 0,000 6 p e r c e n t g o l d
b o n d s o f t h e S t e i n w a y R y . , d u e i n 1932, $1.50,090 5 p e r c e n t
g o l d b o n d s o f t h e N e w t o w n R y . , d u e in 1934, a n d $59,000 5
p e r c e n t g o l d b o n d s o f t h e F l u s h i n g A C o l l e g e P o i n t R R . , in
a ll $ 1 ,7 0 0 ,0 0 0 ; b a la n c e , p u r p o s e n o t r e p o r t e d , $25,000.
R . T . M c C a b e is P r e s i d e n t a n d W a l t e r A . P e a s e S e c r e t a r y
o f th e n e w c o m p a n y .
I t is s t a t e d in t h e d a i l y p r e s s t b i t t h s n e w c o r p o r a t i o n is
b u i l d i n g a l a r g e n e w u n i o n d e p o t a n d c i r h o m e in
th e
m e a d o w s e a s t o f L o n g I s l a n d C i t y , a n d t h a t i t is t o e in t e n t i o n
t o e x l e n d t h e s y s t e m in s e v e r a l d i r e c t i o n s , i n c l u d i n g i lin e b s t w e e n F lu s h in g a n d J a m a ic t
D r e x e l A C o ., o f P n it t d e lp h t a ,
it Ls u n d e r s t o o d , a r e in t e r e s t e d in th e e n t e r p r i s e , a m e m b e r o f
th e f i r m , E d w a r d T . S t o t e s b u r y , b e i n g a d i r e c t o r . — V . 63, p . 3 0 .
N e w Y o r k P e n n s y lv a n ia A O h io F i r s t M o r t g a g e T r u s t ,
L i m i t e d . — Incorporation. — T h is c o m p a n y w a s r e g i s t e r e d in
L o n d o n J u i v 9 b y T r i n d e r A C a p r o n , 47 C o r n h i l l , E C . . w i t h
a c a p i t a l o f £15 1,000 in £ 5 s h a r e s , t o a c q u i r e , in e x c h a n g e f o r
f u l l y p t id -t ip d e b e n t u r e s o r s h a r e s , o r b v p u r c h a s e o r o t h e r ­
w i s e , fir s t m o r t g a g e b o n d s o f t h e N e w Y o r k P e n n s y l v a n i a A
O h i o R R C o m u a n y , a n d to r e c e i v e a n d h o ld t h e s e c u r i t i e s o f
th e E r i e R R . C o ., t o w h i c h , a s h o l d e r s o f t h e s a i d b o n d s a n d
,c o u p o n s a n d s t o c k , { h e c o m p a n y w i l l b e e n u e e n t i t le d .
The
fir s t t r u s t e e s a r e R e v . J . L . B a t e s , J . W e s t l a k e , Q . C ., a n d
H o n . L o r d R ib b le s d a le .
R e g is t e r e d o ffio e , 24 a n d 26 B a s i n g h a ll S t r e e t , E . C .
T h is t r u s t is b e i n g o r g a n i z e d in a c c o r d a n c e

THE CHRONICLE.

230

■with the plan ia C h r o n i c l e (V. 62, p. 909, and V. 61, p. 4/3)
for the purpose of uniting the interests of the old security
holders, both large and small.—V- 62, p. 909.
Niagara Falls Power.— Buffalo Ky.— Power Transmission
— Bv the middle of November next it is expected the cars of
the 'Buffalo Railway Company w ill be run with electricity
generated by the Tower Company at Niagara Falls, a distance
of 15 miles from Buffalo.
The three-phase system of transmission, as developed by
the engineers of the General Electric Company, it is said, will
be employed, contracts having been made between the Catar­
act Construction Co., supplying the electricity, and the General
Electric Company, and between the latter company and
the Buffalo Power & Conduit Co., controlling the supply and
distribution of the Niagara power in Buffalo, and the Buffalo
Railway. The contracts provide for all the apparatus and
machinery necessary for the delivery of 1,000 horse-power to
the wires of the Buffalo Street Railway system.—V. 61, p.
558; Y . 62, p. 908.
Philadelphia & B ristol Electric R y .—New L o a n - This
company’s $250,000 of 5 per cent gold bonds are offered at
par and interest. The road forms part of a through electric
line from Bristol to Philadelphia, connecting at Torresdale
Park with several of the city lines.
Rapid Transit In New York City—Manhattan Elevated
Ry.— Decision Regarding Extensions.—On Thursday the Rapid
Transit Commission decided that it could not accept the Man­
hattan Railway’s plans for extension of the elevated roads.
The committee resolved that the Chief Engineer be directed
to submit to the Board at as early a date as possible routes
and a general plan of rapid transit which shall conform to the
following conditions:
(1.) Total cost, after abundant allowanoe for contingencies, not to
exceed $30,000,000.
(2.) Route to prooeed from the southern terminus at or near the
Post-Office and under 1he City Hail Park and Park Row to Elm Street
and Fourth Avenue to or near the Grand Central Station, and there to
divide into an east and west side route. The west-side route to pro­
ceed under Forty-second Street to Broadway and the Boulevard to a
point above One Hundred and Twenty-fifth Street. The <ast side
route to proceed under Park Avenue ar d over private property to the
Harlem R iver, and across and beyond the Harlem R iver to as distant
a point as the proposed limit of cost will permit.
(3.) The railroad to have four tracks to the junction of the east and
west-side routes, and above that point two tracks on eaoh route.
(4.) The road to he in a tunnel except on the east side north of
Ninty-eighth Street and on the west side at Manhattan Valley, One
Hundred and Twenty-fifth Street.—V. 63, p. 116,190.

[V o i*.

L X III,

< £ c rm m e rc ia l
COMMERCIAL

EPITOME.
F r id a y N ig h t , Aug. 7,1896.

A large failure at Chicago early in the week has had a tend­
ency to intensify the uneasiness which exists in business
circles and trade in nearly all descriptions of merchandise has
been dull. There has been considerable excitement to the
speculation in cotton and prices have advanced sharply on re ­
ports of damage to the crop by hot, dry weather. There was
also an upward turn to values for hog products, but the im ­
provement was not maintained. Grain crop prospects have
been generally favorable.
The following is a comparative statement of stocks of lead­
ing articles of merchandise at dates given:

Pork_______________
bbls.
L a r d ...........................
tos.
Tobaooo, dom estic........... hhds.
Tobacco, fo r e ig n ............ hales.
Ooffee, B io.................... ...hags.
Coffee, other......................hags.
Coffee, Java, &o................mats.
Sugar.......................
hhds.
Sugar..........................hags, Ac.
Molasses, fo r e ig n .............hhds.
Hides................................... No.
Cotton.......................... ..hales.
Rosin................................. hhls.
Spirits tu rp en tin e........... hbls.
T a r ....................
hbls.
Rloe, E. I ...........................bags.
Rice, domestio...... ...........hhls.
Linseed.............................bags.
Saltpetre..................
bags.
Jnte butts...... .................bales.
Manila h em p.... ............ bales.
Sisal hemp....................... bales.
Flour___ ______ hbls. and sacks.

July 1,
1896.

Aug. 1,
1896.

6,634
25,936
13,795
27,654
180,608
75,389
69,268
10,455
2,057,591
None.
76,800
110,297
24,591
2,283
2,128
7,300
8,700
None.
12,000
6,500
31,050
73,976
109,600

6,170
22,596
13,990
21,051
192,230
84,283
66,594
11,362
2,136,416
None.
85,700
86,983
27,311
1,301
1,630
4,900
7,500
None.
13,000
3,600
29,975
76,238
83,000

A u g, 1,
1895.
10,188
25,683
19,168
60,844
191,713
87,422
32,477
5,498
685,723
215
35,300
175,692
22,764
2,623
2,945
50,800
600
None.
2,600
2,300
13,202
8,928
132,700

There has been a fairly active export demand for lard on
the spot and early in the week prices were higher. Subse­
quently, however, this advance was lost and the close was
easy at 3-50c. for prime Western, 3T5@3-20c. for prime City,
and 415c. for refined for the Continent. During the first half
of the week there was an advance in lard futures on a de­
Rutland R R ,— Annual Meeting.—Press despatches from mand from “ shorts ” to cover contracts, but later increased
Rutland, Vt., report that at the annual meeting August 5 offerings by packers, prompted by predictions of larger re­
President Clement stated that, because of the short period the ceipts of swine, resulted in a decline.
company had been in possession, it was not in a condi­
D A I L Y C L O S IN G P R IC E S O P L A R D F U T U R E S .
tion to make a formal report. Thus far, however, the income
Sal.
Mon. Tues.
Wed. Ih u r . F ri.
had been sufficient to pay the fixed charges and interest, and September.................... e. 3-55
3-60
3-65
3-75 3-55
3 45
there was reason to believe that it might pay a dividend on
Pork has been in fairly active request and at higher prices,
the preferred stock, as heretofore. The affairs were in a
satisfactory condition. The Delaware & Hudson Canal Com­ closing at $8@8 25 for old mess and $8 50@8 75 for new do.
pany, which holds the majority of the stock, was represented Cut meats have been quiet and unchanged. Tallow has been
Directors were elected as follows: Percival W. Clement, steady, closing with sales at 3c. Cotton-seed oil has been
Wallace C. Clement. Rutland; John W . Stewart, Middleburg; quiet but steadily held, closing at 19®20c. for prime crude
Horace G. Young, Albany, N. Y .; Chester Griswold, David and 22^@23c. for prime yellow, Butter and cheese have
W ilcox, New York; George H. Ball, Worcester, Mass.; Edgar been in fair demand and steady. Fresh eggs have been quiet
and easy.
Harding and Charles A. Walker, Boston.
Coffee of Brazil growth has had only a very limited call,
President Percival W . Clement was re-elected, as also were
Yice-President Horace G. Young and Treasurer Henry G. but offerings from primal markets have been less free and
prices have held steady, closing at llj^ c . for Rio No. 7.
Smith.—Y . 63, p. 30.
San Francisco & North P acific R y —Balance Sheet—The There has been a fairly active demand for mild grades and
annual report was given in the C h r o n i c l e last week.
The prices have ruled steady, closing at 15c. for good Cucuta and
balance sheet, which shows no material change from last year S2j£@23c. for standard Java. There has been a fairly active
except a reduction in outstanding bonds of $25,000, is as speculation in the market for contracts and prices advanoed,
principally on a demand from “ shorts ” to cover contracts.
follows:
A t the close, however, free offerings caused a decline.
G E N E R A L B A L A N C E S H E E T JU N E 3 0 ,
The following were the final asking prices :
Assets.
Liabilities.
Road and eqnipm’t ___$10,437,096
Materials,Ac.,on hand.
41,082
Fund to redeem bonds.
25,689
Cash A mlscel, accts..
38,200

Capital stock................$6,000,0(
Bonded debt................ 4,111 OC
Sinking fund p aid .,___
179’oc
Supplies, pay rolls, Ac.
87!71
Profit and loss account.
164 26

Total assets...........$10,542,069
—V. 63, p. 187.

Total liabilities....$10,542,Of

Seattle Consolidated St. Ry.—Sale Postponed. —The forecl
sure sale has been postponed till Sept. 26, 1896.— V. 63, p. 1 1
Syracuse Street Ry.—Syracuse Rapid Transit Ry.—O
dered Sold.—An order for the foreclosure sale of the Svri
cuse Street Railway was signed July 29. This is preparator
62 “ ei644r - V

63e

Rapid Transit %■> Per plan in t

United Coal— Foreolosure Suit.—A press despatch froi
Denver, Col., Aug. 5, says that tho International Trust Con
pany has applied to the District Court for permission to for
close its first mortgage for $500,000 on the properties of ti
United Coal Company on account o f default in interest nav
ments. The Court is asked to decree that receiver’s certif
cates worth $127,000, issued to the miners in payment <
wages, shall not be a prior lien, and that no debts be pai
until the mortgage is satisfied.
v
Western New York & Pennsylvania R j.—Quarterly Earnings for the cjuarter ending June 80 have been repyrte
as follows, and for late fiscal year given on a preceding page
3 mos.end.
vaon "*30'

Gross
Net
ff,™ 1nJ>s; earnings.

................ $ 7 3 6 ,6 0 1

—y f 62, p.’ 828 815,950

$ 2 8 7,5 0 4

232»598

Other
income.
$ 1 ,1 7 2

6.074

Interest.
taxes, etc.

Baton
survh

149,780

%8,8£

$211 161

A u g.................10 20o. I N o v.......... .
9-20O. I Feb.................. 9'05o.
S e p t............... 9'80o. Deo................. 9 05o. M arch............. 9-05o.
Oot.................. 9‘40o. I Jan.................. 9-05o. 1A p ril............... 9-05c.

Raw sugars have been in fairly brisk demand, refiners hav­
ing taken all offerings, and prices have advanced, closing firm
at 3J^c. bid for centrifugals 96-deg. test and 3J^c. for musco­
vado 89-deg. test. Refined sugars have been in demand and
higher; granulated quoted at 4% a. Teas have been steady.
The demand for Kentucky tobacco has been limited, but
prices have been unchanged and firm; sales 175 hhds. Seed
leaf tobacco has been in increased demand and steady. Sales
for the week were 1,800 cases, including : 250 cases 1894 crop,
Zimmers, 12c. to 13c.; 50 cases 1894 crop, Gebhardt’s, 10c.;
50 cases 1894 crop, Little Dutch, lOJ^c.; also 700 bales Hava­
na, 40c. to85c., and 250 bales Sumatra, 75c. to $1 40, in bond.
There has continued a slow market for Straits tin and prices
have declined in response to weaker foreign advices, closing
easy at 13 30@13’40c. Ingot copper has had very little call
and at the close was quoted nominally at 11c. for Lake. Lead
has been dull and prices have further declined, closing weak
at $2 75 for domestic. Spelter has been quiet and easier, clos­
ing dull at 3’90c. for domestic. P ig iron has been and easy at
$10 25@12 50 for domestic.
Refined petroleum has been steady, closing at 6'65c. in
bbls., 4'loc. in bulk and 7'55c. in cases; crude in bbls. has
been nominal; naphtha easy at 7}£c. Crude in bbls. has
been neglected, closing higher at $1 07% bid. Spirits turpen­
tine has been in fair demand and steady at 24@24J^c. Rosins
have been dull and unchanged at $1 60 for common and good
strained. W ool has been dull and easy. Hops have sold
slowly and prices have been weak.

THE CHRONICLE.

A u G C S T 8, 1896.]

C O T T O N .
F

N ig

r id a y

h t

, A u g u s t 7, 1896.

T h e M o v e m e n t o f t h e C r o p , a s in d ic a t e d b y o u t t e le g r a m s
f r o m t h e S o u t h t o - n i g h t , is g i v e n b e l o w . F o r t h e w e e k e n d i n g
t h is e v e n i n g t h e t o t a l r e c e i p t s h a v e r e a c h e d
4 ,9 3 0
b a le s ,
a g a i n s t 5,539 b a le s l a s t w e e k a n d 6,898 b a l e s t h e p r e v i o u s
w e e k , m a k i n g t h e t o t a l r e c e i p t s s i n c e t h e 1st o f S e p t . , 189 5,
5,215,868 b a le s , a g a i n s t 7,867,827 b a le s f o r t h e s a m e p e r i o d o f
1894-5, s h o w i n g a d e c r e a s e s i n c e S e p t . 1 ,1 8 9 3 , o f 2 ,851 ,9 59 b a l e s .
Beeeipt» at—
G a lv e s to n ........
T e x . C ity, Ac.
N e w O rlea n s...
M o b ile ..............
F lo r id a .............
S a va n n a h ........
B runsw ’h, Ac.

T xum.

M on.

Sat.
23
........
1,256
......
......
21

109
312
7
____
96

294
......
211
1
.....
104
.....
3

28
......
406
10
......
109

2
Pt- R o ya l, A c.

T k u rt.

Wed.

65
........
124
2
........
10
......
........

F ri.

Total.

142
347
923

661
347
3,262
20

........
5
........
3

345
........
8

2

4!

2
........
100
.....
........
24

45
........
100
2
65
24
1C

wwaaa.
rfTT_
37

.......
3

1

2

......
......
......
61
.....

—
........
........
«

B a ltim o r e . . . . . .
P h ilad clp b 'a .A e

I n a d d i t i o n t o a b o v e e x p o r t s , o u r t e l e g r a m s t o - n i g h t a ls o
g iv e u s th e fo llo w in g a m o im ts o f c o tto n o n s h ip b o a rd , n o t
c le a r e d , a t th e p o r t s n a m e d .
W e a d d s im ila r fig u re s fo r
N e w Y o r k , w h ic h a re p re p a re d fo r o u r s p e c ia l u se b y M essrs.
L a m b e r t & B a r r o w s , P ro d u c e E x c h a n g e B u ild in g .

OX SHIPBOARD, NOT CLEARED FOR—

Aug. 7 at—
New Orleans...
Galveston.......
Savannah.......
Charleston. . . .
M ob ile............
N o rfo lk ..........
New York.......
Other ports___

Great
Other
B ritain. France. Foreign
i,u i
1.565
None.
None.
None.
None.
5,900
1,700

Total 1896...

10,276

Total 1895...
Total 1891...

11,328
5,012

1.150
None.
None.
None.
None.
None.
50
None.

4,236
None.
None.
None.
None.
None.
5,875
300

Total.

100
4
None.
300
None.
300
None.
None.

6,647
1,569
None.
300
None.
300
11,825
2,000

704

22,611

126,454

2,032
1,3x56

15,782
20,440

309,163
182,847

1,200 10,401
250
225

2,172
13,853

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

o

........
10

p a r tic u la rly d u r in g

th e

t r a d in g b e c a m e q u ite

la t te r

p art

e x c it e d

and

Leaving
stock.

Coast­
wise.

S p e c u la t io n in c o t t o n f o r f u t u r e d e liv e r y h a s

39
W asb 'ton. Ac.
N o r fo lk .............
W est P o in t____
N’ p o rt N.. Ac.
N ew Y o r k ........

231

12,612
6,484
7,016
10,442
3,192
2,184
68,447
16,077

;
•
!
!
1

been

a c tiv e ,

o f th e w e e k , w h e n
p r ic e s w e r e

g e n e ra l b u y in g , s t im u la t e d b y u n fa v o r a b le c ro p a d v ic e s .
im p o r t a n t

c lt a n g e s w e r e

m ade

in

p rio e s

on

th e

bu oyan t on
No

S a tu rd a y and

M on d ay , bu t T u e sd a y th ere w a s a m o d erate a d v a n c e on p o o r
c ro p

a cc o u n ts, p a r t ic u la r ly fr o m

th e

S o u th w est.

W edn es­

d a y th e r e w a s a n e x c it e d a n d b u o y a n t m a r k e t , p ric e s n e t t in g
a n a d v a n c e o f 53 t o 57 p o i n t s , o n a c t i v e b u y i n g b o t h f o r
4,930 S o u t h e r n a n d l o c a l a c c o u n t , s t i m u l a t e d b y t h e ( g o v e r n m e n t ’s
6821
262
1,548
r o t 'U tins w eek
1,305
579
554
e e k l y W e a t h e r B u r e a u r e jio r t c o n f i r m i n g t h e r e p o r t e d d a m ­
T h e f o l l o w i n g s h o w s t h e w e e k 's t o t a l r e c e ip t s , t h e t o t a l s i n c e
a g e to th e c r o p b y h o t, d r y w e a t h e r , a n d a ls o b y a d v ic e s f r o m
S e p t . 1, 1895, a n d t h e s t o c k t o - n i g h t , c o m p a r e d w i t h l a s t y e a r .
t h e L i v e r p o o l m a r k e t , w h i c h h a d b e e n c lo s e d s i n c e l a s t
Stork.
1994-95.
1805-96.
F r id a y , r e p o r t in g a d e c id e d ly g r e a t e r a d v a n c e th a n h a d g e n ­
R e c e i p t s to
TkU
Since Sep. i
e r a l l y tieeu a n t i c i p a t e d .
T h u r s d a y th e re c o n tin u e d a v e ry
This
Since Sep
A u g . 7.
1895.
1896.
Week. 1,1804. |
a c t iv e m a r k e t a n d p r ic e s f u r t h e r a d v a n c e d , a s c r o p a d v ic e s
Week.
1. 1895.
c o n tin u e d u n fa v o r a b le a n d f o r e ig n a d v ic e s r e p o rte d h ig h e r
293! 1,656,923
9,808
Galveston.. J
8,053 j
661 929.147
m ark ets.
T o w a r d t h e c lo s e , h o w e v e r , t h e r e w a s f r e e s e l l i n g
74,005!
Tex. C.,Ac.I
347
113,322
........
b y ” l o n g s ” t o r e a l i z e p r o f it s , u n d e r w h i c h p a r t o f t h e i m ­
85,144
3,202 1,762,650.
300 2,578,239;
19,253,
New Orleans
p r o v e m e n t w a s lo s t , c l o s i n g a t a n e t a d v a n c e o f I4<<?22 p o i n t s
3,192|
5,361
M ob ile........
20
195,935
30, 238,48 4
f o r th e d a y .
T o - d a y t h e r e w a s a n e x c it e d , u n s e t t le d m a r k e t .
......
33,753
25,402
F lo rid *.......
.....
........
.........
T h e o p e n i n g w a s a t a n a d v a n c e o f 6 0 1 4 p o in ts , a n d t h is w a s
315 754.659
134 941.710
4,610 f o l l o w e d b y a f u r t h e r i m p r o v e m e n t o f 2m 11 p o i n t s o n f u r t h e r
Savannah ...
7,016
152,809
Br*wlck, Ac
115,394
1,2 0 0 r e p o r t s o f d a m a g e t o t h e c r o n . S u b s e q u e n t l y , h o w e v e r , u n ­
550
18,745 d e r a e t i v e s e l l i n g b y " l o n g s 1t o r e a l i z e p r o f it s , t h e r e w a s a
Charleston..
427.571!
9 2*0.257
10,742
7651 161,561!
P.Royal,Ac
77,5131
s h a r p b r e a k o f 4 l @ 4 0 i x ii n t s i n p r ic e s , | p ro m p te d l a r g e l y b y
170,985!
3,230
Wilmington
234,497
- 2,662 d i s c o u r a g i n g a d v i c e s f r o m f i n a n c i a l c ir c le s . T h e c lose" w a s
41
7
........
....
Wa*h’ n,Ac.
767j
928
w e a k a t a n e t d e c lin e o f 2 V 3 3 2 p o in ts f o r U fe d a y .
C o tto n
N o rfo lk .......
45 337,752!
u s ! 470.168
0,956 o n t h e s p o t li a s b e e n q u i e t b u t p r i c e s a d v a n c e d 1 -U io . o n
2,484
W est P oin t.. '
143,639
50 j
200 T u e s d a y , *fcc. o n W e d n e s d a y a n d >4 r . o n T h u r s d a y .
T o -d a y
........ j 280.184
W p-t.Y..Ar
42,093
100
26.715
th e m a rk e t w a s q u ie t a n d u n c h a n g e d , m id d lin g u p la n d s
........
53,1401
New York ...
2
137,107
90,272
171,413 c lo s i n g a t 8 »| C .
........
Boston.........
126,955!
190 166,416!
65
4.200!
3,600
T h e t o ta l s a le s f o r f o r w a r d d e liv e r y f o r t h e w e e k a r e
24
1041 119,292
Baltimore ...!
43,982;
5,050!
7,177 1,871 900 b a l e s .
F o r im m e d ia t e d e liv e r y th e t o t a l s a le s fo o t
Phlla.lcl.Ac.
45,104
153
153,545
5,060 u p t h is w e e k 7,1401 b a l e s , i n c l u d i n g 3,278 f o r e x p o r t , 1,683
4.088
_ !? !
f o r c o n s u m p t i o n ------- f o r s p e c u l a t i o n a n d 2,400 o n c o n t r a c t .
T o t a l* .....* 4,930! 5,215,9691 3,137 7367.8271 149,0951 32 4,945
T h e f o llo w in g a r e th e o ffic ia l q u o t a t io n s f o r e a c h d a y o f th e
I n o rd e r th a t c om p a riso n m a y b e m a d e w it h o th e r ye a rs , w e [la s t w e e k — A u g u s t 1 t o A u g u s t 7.
fe ir e b e l o w th e to ta l* a t le a d in g porta fo r s ix seasons.
K a t e s o n a n d o l f m i d d l i n g , a s e s t a b l i s h e d N o v . 22, 1898,
a n d re v is . s i D e c . 11, 1893. b y t h e R e v i s i o n C o m m i t t e e a t w h i o h
R e c e ip t s a t— '
1896. [ 1995. | 1894.
1893. | 1892. | 1891.
g r a d e s o t h e r t h a n m id d lin g m a y b e d e liv e r e d o n c o n t r a c t :

Galves’n Ac.
N ew Orleans
M ob ile.......
Savannah. ..j
Ohas'ton. Ac
WUm’ton.Ae
N o rfo lk ......
W. Point, Ac.
A ll others...

1.008
3.2620
345
9
41
45
10 0
101

283
300
80
134
771
7]
115.
........
417

943
2,9-16
40
573
42
23
593
6
6*16

919
2.630
1,0 0 1
554
409
60
876
229
2,577

609
3 ,74 0
53!
661
531
30
398:
229
1,239 i

2,565
1 ,0 1 1
218
876
375
34
477
494
1,244

Tot. this wk.

4,930

2,137

5,732

9,243

6 ,1 0 1 1

7,884

Since Sept. 1 5215.168 7167.927 5924.575 5070,710 7110,661 6915,580
T h e e x p o r t s f o r th e w e e k e n d in g th is e v e n in g re a c h a t o t a l
o f 11,931 b a le s , o f w h i c h 8,719 w e r e t o G r e a t
B r i t a i n , 6 )9
t o F r a n c e a n d 1,886 t o t h e r e s t o f t h e C o n t i n e n t .
B e lo w a re
t h e e x p o r t s f o r t h e w e e k a n d s i n c e S e p t e m b e r 1, 1895.
Ifre *

G reat
Hr\t'n

Etsthnq A >uj. 7
G r p o r f a l to —
IV tu tt

Co m p
O .M .

1904.

T o ta l

Sept

..........

z z

I * « w O rle a n s

% .v n

m i.u r

V o tiie *

..........

S M S t

t

«

x

. o t y , Ac.

Fee

fa r a n n a lt .....

L i m * . to
B rp o rtM to —

O rm t
B rita in .

MM.,

Q f t N c i t o i i ........

F rom

• a * ..

F r o net

U4X*
50 6 .7 4 1

* 8 .«m

B r a n * w ic k —
C h a r le s t o n * ..
W t la iin a t o n ..
N o r fo lk .

I H .1 I 4
4*.06-<

........

1 ,77 0

7 .1 9 0 8 .

C o n tim m t.

Total.

101,034

im .otw j

i\ a r ,

8<W 0»

501.40ft 1.5 0 1 ,arv*
20 .0 4 7

U K 4 I0

30 4,311

S *U 1 0

* 3 .0 3 0

74 ,3 1 0

17 8 ,4 4 2

S 7 « ,5 S 0

0 0 ,7 0 *

132,5.31

it.io ?

n & n

.....

S I , 714

v « t

P e n t ...

0,»9*>

0.H3U

u y t

N e w * , a «-

1 4 ,« 0

I4 ,«i0

N ew

T o r i...

I.O V

B e n t o n .............
B a lt im o r e -

M9

U v »|

..

*7 4

a .w »

a a s ,»!H

*»*
214

4.79 4

K W .f C o

P h U a d e i p 'a A e

0 .2 3 ’

Total.........
T o t a l, im t-D b .

68 , n n

7j§79

3 0 ,u *
....
2 ,0 1 *
.-...a

29 9,07 7
0 ,3 0 *

n t.e m
v > jm »

flfel.1 1 7
t7 S > M
1 4 * ,7 4 3
4 5 .1 4 2

*4 *

4/91

11,0 31 2 ,2 1 5 ,601 4<V».4SO i / M , s o a 4 ,5 7 0.4fl5

1.511

L rtl

IX .0 S 1 S . l t l . V A S 7 7 4 .4 7 8 S.4K1.1W7 « . e i * - . v i 7

F a i r . . . . . . . . . . . . . . . . . ....o . I k
on .
M id d lin g f V Ir ............. .
k
on.
S tr lo t G o o d M ld 'llln g ........ k
on.
G o od M id d lin g -------------» ,* o n .
S t r ic t L o w M id d lin g .......... » ,* o il.
L o w M id d lin g ..................
o fl.
S trio t G o o d O r d in a r y __ _ U ,« o fl.

G o o d O r d i n a r y . . . . .......... o. 1
o il.
G o o d M id d lin g T i n g e d . ..
E ven.
S t r ic t M id d lin g S t a i n e d . . ’ .vs ofl.
M id d lin g S t a in e d ................. %
ofl.
B trlo t L o w M id. S t a in e d ., 2 & *jo fl.
L o w M id d lin g S t a in e d __ 1*4 ofl.

O n th is b a s is th e p r ic e s f o r a f e w o f th e g r a d e s w o u ld b e a s
fo llo w s .

U PLAND S.

.n o n T u r n

S a t.

G ood O rd in a ry ...........................
L ow M id dling............. ..............

6*i*
7 i '«

G ood M id d lin g...........................
M id dling F a ir ............................
G U LF.

ft:
7k
8 *i*

8 *i*
N a t.

G ood O rd in a ry ..........................
Low M id d lin g ...........................
M id dling .. . .............................
n o o d M fd d n ag...........................
M id dling F a ir ...........................
S T A IN E D .
L o w M id dlin g............................
M id d lin g .....................................
S tilet M id d lin g .........................
G ood M id dlin g r in g e d ...........

2 ! 'i«

8 »,*

8 » ,*

F r l,
7k
7k
8k
Ski
9

W ed

Tb.

F r l.

Gk
78,
7k

7*9
7k
8*1

7k
8
8k

tv

0

7k
8
8k
8U ,
9*4
T li.

F r l,

6k
7k
7 **,
8k

6k
7k
7 fM
3k

W on F u r*

2 1 'is

111.

6 k ' 7*1
7k
7k
7%
8*1
She
S’ i *
8k
9

W ed

6*s
7*1
7k
7U „
8*1

N a t.

Y lo n T u e * W e d

ill*

0*4
7*6

£ *•
71 ,,
77,*

7 *l«

IV

6k
7k
7 *i*
7k

S
','1*
9k

M A RK ET AND SALES.
SALES

or

SCOT A SO COKTRACT.

SPOT MARKET

CLOSED.
8atMnj .
Monday.
Tuesday
Wed*day
Th’d a y..
F rid a y ..
Total.

Dull................
Q uid ...............
q a b t at *i* adv
qnlot at k ndv.
qu iet at k adv.
D u ll................

Fc
):or/.
3,278

3,278

Con- Spec Con
sump w T h tract.

Total.

340
651

7.V. 2/100 5,718

692

602

1.633

300

....

2,100

951

Sales o f
Futures.
175,400
239,900
240.100
434,500
439.100
342,600

7,361 1,871,900

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Market, Prices and
Sales o f
FU TU R ES.

Cft

o

, Saturday, Aug. 1—
Sales, total.........
Prices paid (range)
Closing.............

ffi

©
55
Monday. Aug. 3—
*3 £
Sides, total............
eft ,0
Prices paid (range)
3ft
Closing.................

§r< ;

Tuesday, Aug. 4—
Sales, total...........
Prices paid (range)
Closing.................

g §

e l

Market,
Range and
Total Sales.

D A IL Y
A u g u st.

S ep tem b er.

O cto b er.

P R IC E S

N ovem ber.

i*SJ
©

’s
.
B « Seo
O ® gos
j$ a

HflftCO

;cti OO ; -

® ©
Q,fl rfl
.HT+;» -43

"tf ® bC

■Sn=’a

w*

TOWNS

H a l Eufaula,
.2S.■§3 Montgomery

ft is

to.Jr © th

Helena,
Little Rook,
Albany,
Athens,

A

lab am a

A

rkansas

G

e o r g ia

24
46
10
4

2,805

9,154 3,648,355

10,428

76,890

..

66
15

Augusta,
Columbus,
ft
Macon,
it
| s - § a Rome,
Louisville,”
K entu cky.
Shreveport, L o u i s i a n a .
M is s is s ip p i.
f2l s - s1 Columbus,
ff
41 pj k/'H Greenville,
Tfi CD-fl-© Meridian,
ft
g o ) flCO
“
Natchez,
^ © 0«4_ Vicksburg,
“
b 2 ^ 0 Yazoo City,
ff
H .S “ tj St. Louis,
M is s o u r i...
« ® o l
N .O a r o l i n a
O'O o 3h Charlotte,
ff
Raleigli,
Cincinnati, O h i o ..............
Columbia,
8. CAROLINA
Greemvood.J
Memphis,
T e n n e s s e e ..
**
Nashville,
H ^ O
m
Bren ham,
T e x a s ............
□ © c2« °Cu Dallas,
**
If
H ^ ^ © Houston,

127
47
15

a■ §1

113
1
14
5
....
219
13
74
776

|S«&
E-sii

AND

D ecem ber.

SALES

7
279
755
6,544

Total, 31 towns.
OF F U T U R E S

January.

Febru a ry.

FOR

EACH

M a rch .

10
3
176
9
50
1,160
267
135
10
62

22
11
i ,625
13
101
985

....

11
3,522
16
28

4
9
12

220
1,185
650
464
3,109
285
735
2,204
3,916
2,198
1,521
147
61
864
141
400
2,000
1,103
3,280
2,300
24,812

120
13,984
211
2,004
1
4,596

ft

“
if
If

4

16,431
117,668
35,025
50,608
99,881
26,834
50,459
91,455
174,495
47,065
50,206
51,877
6,165
79,978
28,485
40,500
33,177
48,127
65,808
53,477
570,359
20,768
21,847
225,142
34,348
16,454
422,418
22,082
54,847
41,130
1,051,246

...

....

2 , fe 8

Movement to August 9, 1895.
Receipts.
Shipm'ts Stock
This
Since
This
week. Sept. 1/94. week. A tig. 0.

Movement to August 7, 1896.
Receipts.
Shipm'ts Slock
This
Since
This
week. Sept. 1,’95. week. Aug. 7.

17
156
14
1
161
46
6
80
9
25
215
57
40
247

....

625
3,754

.....

3
156
4
228

19,382
144,248
69,656
68,890
125,253
32,651
79,613
166,074
210,451
64,314
69,520
85,853
12,005
118,392
40,336
42,834
44,910
65,232
63,346
58,856
937,457
25,299
35,671
383,789
35,561
16,833
586,6-7
62,175
120,110
63,742
1,791,129

1,490 5,640,269

MONTH.
A p r il.

May.

me.

July.

Av'ge..
Steady.
A v ’ ge.- 7 24 A v ’ge.. 6*93 A v ’ge.. 6*9*2 A v ’ge.. 6*88 A v ’ge.. 6*91 A v ’ge.. 6*93 A v ’ge.. 6*94 A v ’ge.. 7*00 A v’ge..5,100
4,500
41,900
11.200
57,100
36,600
16,000
3,000
175,400
6-82® 7*28 7*14© 7*28 6*84© 7*00 6*84© 7*00 6*82© 6*96 6*83© 0*99 6*86© 7*02 6*92© 0*99 0*97 <y 7*10 — © —
0*86— 6*87 6*89— 6*90 6*91— 6*92 6*95— 6*96 7*00- 7*01 7*04— 7*06
7 *21 - 7 23 6*92— 6*93 6*91— 6*9
Steady.

©

—

Irregular. A v ’ge.. 7*23 A v ’ge.. 6*92 A v ’ge.. 6*90 A v ’ge.. 6*89 A v ’ge. 6*91 A v ’ge.. 6*93 A v ’ge.. 6*97 A v ’ge.. 7*03 A v ’ge.. 7*08 A v ’ ge..7 __
500
3.200
700
54.100
21,300
95,300
28,100
5.700
31.000
239,900
6*81'® 7-25 7*17© 7*25 6*86© 6*98 6*85© 6*98 6*81© 6*95 6*83© 6*99 6*86© 7*00 6*92© 0*99 0*97© 7*09 7*03© 7*09 — ! ©
7*03— 7 05
6*87— 6*88 6*83— 6*84 6*86— 6*87 6*89— 6*90 0*94— 6*95 6*99— —
Steady.
7*19- 7*20 6*89— —

©

—

Firmer.
A v ’ge.. 7*21 A v ’ge.. 6*93 A v ’ge.. 6*91 A v ’ge.. 6*90 A v ’ge.. 6*91 A v ’ge.. 6*94 Av'ge/. 7*07 A v ’ge . 7 04 A v ’ge.. 7*05 A v ’$c..1,600
5,900
100
55,600
10,100
93,000
34,700
2 *,900
240,100
4,200
6*79© 7-25 7*14© 7*25 6*83© 7*00 6*82© 6*99 6*79© 0*97 6*81© 0*99 6*83© 7*02 — © 7 05 6*97© 7*11 7*00© 7*06
7*13714
7*09—
7*10
7*
00—
7*01
7*04—
7*05
0*94—
0*95
0*97—
6*98
6*96—
6*97
0*98—
6*99
Steady
7*23— 7*24

Av'ge. 7*55 A v ’ge.. 7*32 Av’ ge.. 7*33 A v ’ge.. 7*30 A v ’ge.. 7*34 A v ’ge.. 7*36 A v ’ge.. 7*41 A v ’ge.. 7*49 A.v’ge.. 7*43 A v 'g e ..Weduesd’y, Aug. 5—
Excited.
600
7,700
110,700
4.100
37.200
173,800
01,200
12,200
27.000
Sales, total.......... 1 434,500
Prices paid (range) 7*16© 7*79 7*40© 7*79 7*18© 7*58 7*18© 7*00 7*10© 7*55 7*18© 7*59 7*21© 7*02 7*24© 7 00 7*34© 7*66 7*36© 7*57 — ©
03 3
7*55— 7*56 7*58- 7*59 7*62— 7*63 7*66- 7*67
7*51— 7*52 7*54— —
7*53— 7*54 7*53— 7*78- Closing.................
Firm.
8
0
3 b£
Active.
A v ’ge.. 7*93 A v’ge.. 7*54 A v ’ge.. 7*58 A v ’ge.. 7*54 A v ’ge.. 7*59 A v ’ge.. 7*61 A v ’ge.. 7*54 A v ’ge.. 7*70 A v ’ge..------ A v ’ge..Thursday, Aug. 6—
3,800
5,200
117,200
24,500
159,600
85,800
34,800
439,100
8,500
Sales, total........... I
- ©’
P r i c e s p a i d ( r a n g e ) 7*37© 8*11 7*63© 8*12 7*38© 7*80 7*38© 7*83 7*37© 7*78 7*39© 7*86 7*41© 7*86 7*45© 7*7(5 7*52© 7*88
® O
7*78—
7*79 7*81— 7*83
7*74—
7*75
7*71—
7*72
7*66—
7*67
7*69—
7*70
7*687*09
Weak.
8
00—
8*02
7*687
09
Closing..................
z ja
Friday, Aug. 7—
r^nwer
A v ’ge.. 8*01 A v ’ge.. 7*66 A v ’ge.. 7 06 A v ’ge.. 7*64 A v ’ge.. 7*66 A v ’ge.. 7*60 A v ’ge.. 7*54 A v ’ge.. 7*68 A v ’ge.. 7*92 A v ’ge.
1,200
6.200
2.100
109,500
27.200 !
117,700
y, ®
58,300
Sales, total............
342,600
6,800
13,300
Prices paid (range)! 7*40© 8*12 7*68® 8*12 7*42© 7*84 7*42© 7*85 7*40© 7*80 7*43© 7*89 7*44© 7*90] 7*50© 7*79 7*52© 7*93 7*803 7*96
7*55—
7*57
7*52—
7*53
7*49— 7*50
-r*
7*41— 7*42 7*42— 7*43 7*40— 7-4l| 7*43— 7*44 7*45- —
Closing.................
Weak.
7*08— 7*70
CO .2
3,900
31,900
17,000
489,000
137.500
096,500
301,700
40,400
151,000
Total sales this week 1,871,900
w g Average price, week
7*37
7*32
7*24
7*24
7*24
7*19
7*22
7*53
7*22

A v ’ge..-

P

2
Sales since 8ep.X/95*
ac dHZ_

49,757,400 1 5,550,100

1,193,000

2,948,600

I 1,342,500

3,255,000

1,760,000

119,100

237,200

7.600

8
122
1,391
92
138
95
4
30
91
60
34
1,641
57
45
568

71

1,045
7,076
___
....
1,960
106
1,691
38
1,922

4,950

43,742

3
224
38

C i tT£ © H
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; ^ 40 ® s 3

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-I 5 ^
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5
43

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S.Zj
{/J J —! e
4W
■
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I

44 C ® «> •S fi<
p ® !a b ® a> K
w g 05 3 p p “
•3 2 - 3 , - ^ « ®
? c S '-o ? g g ^ .-s

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= =flo
e gof"t’

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c.
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fl^303r~lC3£

JgfSjJ

8 c
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b
■ g .a i- a 8 | |

S S h £§® >.
A v ’go..-

o £ ^ 05
© r=i © 0 00
’ts efl^J c« th
0 £)
f_ _J
>
S
rJ, „^ _r—
. fe*V
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5
ce
J0 r~> W Si
^ ®
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5 ® 3 rg

A v ’ge..-

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CO

230
8

499
838
229
30
2,010
367
145
3,457
3,435
1,301
344
22
320
1,428
15
120
550
446
340
60
13,948

*
p
o

5 = 3 — fco-ft-a
a.
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A

ugust

8, 1896. J

T H E

C H R O N IC L E ,

23 3

Q
M
C
O
M
.—
e a t h e r R e p o r t s B y T e l e g r a p h . — Advices to us from
Below are closing quotations of middling cotton at Southern theW South
evening indicate that the temperature has been
and other principal cotton markets for each day of the week. very high this
during the week, chat where rain has fallen the
precipitation has as a rule beea very light, and i n a large
portion of the Southwest there his been no rain. It is
IWeek mding\
A ugust 7 . ' 8atur.
claimed that the crop has be<*n damaged by drought and hot
F ri.
Tuts.
Wednet. Thurt.
Mon.
winds in sections of Texas. Arkansas aod Tennessee. Picking
7
Galveaton .
e »,8
0%
6%
0‘s
is rnsking good progress.
7
7
7%
New Orleans
6 U ,e
Galveston , Texas.—We have had rain on one day of the
7
M ob ile.......
0 7s
0 “ is
0“ i «
6 “ 16
« I11S
7>s
past week, the rainfall reaching eleven huodredthsof an inch.
Savannah...
6\
7
7
6%
6=8
7
03*
Charleston..
6%
0>S
6=s
7
The thermometer has averaged 83, ranging from 75 to 90.
7*4
Wilmington.
Palestine. Texas.—Picking has commenced and the yield is
7
e,H
87a
N o rfo lk ......
7*4
6%
6\
better than at first anticipated. There has been raia on one
7 7s
7 7is
0‘S
B o s to n ......
7 -„
7 7 ,,
7>s
0
B altim ore.
75s
7 7s
7*»
7>s
7»s
day of the week, the precipitation reaching eight hundredths
0*8
74»
8>s
Philadelphia
7 U ,*
0‘S
7 U j*
of an inch. The thermometer has ranged from 70 to 102,
78J
7
7*s
7
7^9
Augusta......
7
averaging 86.
71*
0 7S
7
Memphis___
6 *3,e
6\
67a
7*4
7*8
St. Louis___
6%
07s
Huntsville, Texas.—Prospects of a gx>d crop have been
7*e
6TS
7
7
Houston___
0 ‘s
0 ‘s
0 ‘s
0*ta
reduced by the continued drought. The plant is shedding
7M
7»s
7
7
Cincinnati..
7
7
some and cotton pests are reported. Picking is progressing.
Lou isville...
7
7%
7M
o%
64»
0%
has been dry all the we<k. Average theomometer 88,
The dosing quotations to-day (Friday) at other important Ithighest
103 and lowest 75
•
8outhern markets were as follows.
Dallas, Texas.—Hot winds and dry weather are, it is
A tla n ta .........
7M I E n fao la ..........
0>a Natetaex..........
claimed, causing serious damage to the cotton crop. Dry
Charlotte........
7H Little Rock----0>4 R a le i g h .............. 7*6
Columbus, Ga.
7
Montgomery...
67s Selma........... .............. weather all the week. Toe thermometer has averaged 87. the
highest b. ing 104 and the lowest 70.
Oolumbiu. Mint
0 h I N ash ville....... .
7*. S h r e v e p o r t ... .. S^s
San Mn/onio, Texas.—We have had rain on one day during
R eceipts from t h e P l a n t a t io n s .—The follow ing table
week, to the extent of six hundredths of an inch. The
Indicates the actual movementeach week from the plantations. the
has averaged 85, ranging from 73 to 98.
The figures do not indude overland receipts nor Southern thermometer
Texas —We have had only a trace of rain during
consumption: they are simply a statement of the weekly theLulina,
week. d good rain is needed. The thermometer has
movement from the plantations of that part of the crop which ranged
from 73 to 99, averaging 86.
Anally reaches the market through the outports.
Columbia. Texas.—The cotton crop is very good and a
heavier yield than last year is anticipated. There has been
lU c f ip U at ttu P a rts . St'k a t In te r io r Toum s. fU c 'p ts f r o m P l a n t ‘n *
rain on one day of the past week, the rainfall reaching twenty
E n d in g ism.
.
hundredths of an itch. Average thermometer 82, highest
565 | 94, lowest 71.
f
3.101
Cuero, Texas.—Cotton is opening rapidly. It has rained
lightly on ooe day of the week, the precipitation being nine
53.306
24....... 1
hundredths of an inch. Toe thermo neter has averaged 86,
65*
1,740
5,530 62.H&V
3,044
the highest being 99 and the lowest 73.
4.900 50.935
A n *.
...
Brenham, Texas.—Rain has fallen on one day of the week,
The above statement shows: l.—That the total receipt* to the extent of one inch and six hundredths. The ther­
from the plantations since Hept. ', 1895, are 5,260,98•< bales: in mometer has averaged 87. ranging from 74 to 100.
1894-95 were 7,854,2-14 bales; in 18911-94 were 5.908 314 bales.
Temple. Texas.—The cotton C'op has oeen damaged by hot
8.—That although the receipts at the outports the past week winds and drought. Picking is in progress. There has been
were 4.910 bales, the actual movement from plantations wa- no rain during the week. The thermometer has ranged from
cmly 8,656 bales, the balance being taken from the stocks at 74 to 101. averaging 88.
the interior towns. Last year the receipts from the plantation * Fort W orth. Texas.—Moisture is badly netted. We have
for the week were ----- bales and for 1894 they w e r e had no rein during the week. Average thermometer 88,
2.808 bales.
highest 104. lowest 72.
Weatherford, Texas —Crop is suffering for rain. We have
Ov e r l a n d Movem ent for t h e W eek a nd Sin c e S e p t . 1.—
had
dry weather all of the p»st week. The thermometer has
We give below a statement showing the overland movement
averaged
90, th* highest being 105 and the loweit 75.
foi in * week and since September 1. As the returns reach u*
by telegraph late Friday night it is impossible to enter so Sew Orleans. Louisiana.— Rain has fallen on four days of
largely into detail as in our regular monthly report, but all the week, the precipitation being six'y-t'-ree hundredths of
the principal matters of interest are given. This weekly an inch. The thermometer has averaged 81.
oublication is of course su|/plementary to the more extended Shreveport. Louisiana. There has been a trace of rain on
nonthlv statements. The results for the week ending Aug. 7 one day of the week, Ihe precipitation reaching six hun­
dredths of an in<-h. The thermometer has ranged from 76 to
*nd since Sept. 1 in the last two years are as follows.
106. averaging 89.
1095-90.
199 4 -9 5.
Columbus, M ississippi. —There has been riin on one d ty of
I U‘JUMt ?
the
past week, the rainfall being thirty-four hundredth* of an
S in c e
S in c e
W
eek.
W eak.
S s p t. 1 .
inch. Average thermometer 88, highest 104, lowest 74.
sepi
1
Meridian, M ississippi.— The estimated damage to crop is
hi, ■p'/i
MAI,
The
55 3 .0 9 0
1.6 4 1
Via 91. t o o l * ............
1 .0 3 5
9 4 1 .3 8 5 1 ten per ceti . Riin li it fallen on two days of the week.
376
24 5.22ft
ft 3 3 7 ,2 3 3 thcrmomet.-r ha* ringed fr m 72 to 96
Via Cairo................
3 5 .4 14
Via Parker C ity........
10.0 :.
33
..........
lelanil. M is s is s ip p i.-D r y all the week. Taermometer Us*
1.6 8 1
3 .ft l7
Via E vasavllle..........
V ia L o n lftvU le...............
45
19 0 ,0 9 1 i averaged 85. the highrst being 100 and the lowest 79. •
13H .345
10 1
Vicksburg, Mixsisxipjn .—Telegram not received.
1 2 1 .4 2 7
10
Via Cincinnati.........
173
1 7 8 ,1 *9
Via other route*, Ac..
93
9 2 ,3 5 3
1 5 2 ,0 7 7
89
Little Hock, A r k a n s a s . —There has been no rsin the oast
week. The thermometer bas ranged from 75 to 105, nverigTotal eroaa o v e rla n d ..........
2,0 29 1,838,200
1 ,9 14 1 .1 7 2 ,0 8 5
ing 90.
Dedutl HhipmtniM —
Overland to N. Y., Boston. Ac.
274.0 0 0
57 6 ,3 6 0
101
447
Helena. Arkansas —Cotton prospects are less favorable.
Between Interior town*..........
23
4 .6 30
32,90 0 First lisle arrived on W edtiesiliy. We have hid light rain on
ft
Inland, Ac,, from South..........
8 2 ,9 3 7
628
5 7 .2 1 2
1 .2 2 5
one day of the week, the rainfall being twelve hundredths of
Total to be deducted.
762
1,6 8 0
802.203 an inch. Average thermometer 87 5. highest 102 and lowest 75.
3 3 5 .9 3 2
Memphis. Tennessee.—We have had showers on two days of
L e a v in g to ta l n e t o v e rla n d
1*16 2
34 9 1 ,1 4 5 .9 4 3 |
9 3 0 ,1 5 3
the week, the rainfall reaching two hundredths of an inch.
* I n c lu d in g m o v e m e n t b y r a il toa C a n a d a .
The weather has been extremely hot and there is general com ­
The foregoing shows that the week's net overland movemen t plaint of sheddu g, blight and rust, on account of drought.
this year has been 1,162 bales, against 349 bales for the Condition has deteriorated materially. Cotton is opening
week in 1895, and that for the season to date the aggregate net prematurely. Th-* thermometer his averaged 87‘8. <he high­
est bi log 101-2 *nd the lowest 73 8. The rainfall for the month
of July —eighty hundredths of an inch—is the smallest July
1895-00.
189 4 -9 5.
In Might anti Spinner
rainfall in tweniy-six years, with two exception*.
Stncs
_ Bins*
Taking 0.
Week. Sept. 1
Week. g ,p , 1 | SashvUle, Tennessee —There has been rain the past week to
the extent, of seventy-six hundredths of an inch. The ther­
2 .1 3 7 7 ,8 0 7.8 2 7 mometer has averaged 82, ranging from 66 to 96.
4 .930 5 ,2 15 ,8 6 8
Receipt* at port* to A n * . 7 . . . . . .
Wet overland to
. 7................
1.16/ • 3 6 ,1 5 3
34 9 1 ,1 4 5 .9 4 3
Mobile, Alabam a —Crop reports are no', favorable. Serious
12,0 00
Southern consumption to An*. 7
ftftO.OOO 10.000 740,000 injury by exces-ive heat is complained of. We have had rain
18,002 6 ,9 32.0 21 12 ,4 8 0 -9 ,73 3 ,77 0 on one rt»y of the week, the r irifall being one inch and fifty
M .2 7 4
4 4 ,19 0 •3.4*iO| 113 ,5 9 3 hundredt'i*. The thermometer has ranged from 70 to 99,
Interior *tock« In e * e e * * ..........
averaging 83.
Came Into *rt*ht dnrln* wee*
10.818
9,0 20
....
Montgom ery, A labam a.— Picking is general and receipts
Total In sight An*. 7 ............
.......... 9 .7 4 0 .1 7 7
6 .9 7 0 ,2 1 1
will be large from now or. There has been rain on one day
Worth'n *plnner*talt-K*io hag. 7 18 .4 39 1 .0 19 .3 4 2
2 .3 2 9 2.0 8 5,9 70 during the week, the rainfall being ten hundredths of an inch.
* fm n s u darla* week.
i
Average thermometer 85, highest 93 and lowest 76.
It will be seen by the above that there has come into sight Selma, A la ba m a .—'T elegram not received.
M a d is o n . F l o r i d a . — I t ha* rained on four days of the week,
during the week 16,818 bales, against 9,026 bales for the
samp week of 1895, and that the decrease in amount in sight the rainfall reaching one inch and sixty-two hundredths.
The
thermometer has averaged 88 and ranged from 79 to 98.
to-night as compared with last year is 8,763,966 bales.
u o t a t io n s

fob

O lO S IS O

id d u n g

otton

g o S T A T IO N S

FOR

at

th er

M rD O L IS O

ar kets

COTTOS

O S —

»r««*

m

JttJ
“

a ........ ! 1 0 . 1 i s

10.

...

| UB&.

3,7116

im h

5 .2 2 4

1 1 *96 ,

7 0 ,3 8 6

• M U ]
5 6 .7 6 8

6 .9 1 0

S .*W

A. 1ST

79 .1 77

M ill

X.7S4

6 .* *

6 6 .0 4 5

5 ,7 8 2

2 ,1 3 7

(

1 *16 .

1 8 0 4 - | 18 06 .

UH.24h

••

S t ........
7

1

640,

S4"

21*

146

1 ,8 6 3

4 7 .2 0 "

7 8 .1 6 4

4M 4 t

76,6 001

a

a m

i 1806.

w

9 S .9 W

67

**

w

723

S .9 6 S

T H E

2 3 4
C o lu m b u s , G e o r g ia .—Telegram not
S a v a n n a h , G e o r g ia .—We have had

received.
rain on two days of the
week, the precipitation reaching nine hundredths of an inch.
Average thermometer 85, highest 98 and jowest 74.
A u g u s t a , G e o r g ia .—There has been rain on three days of
the week, the precipitation reaching fifty hundredths of an
itch. The thermometer has averaged 84, the highest being
99 and the lowest 72,
C h a r le s to n , S o u t h C a r o l i n a .—There has been rain on four
days of the week, the rainfall reaching one inch and thirtynine hundredths. The thermometer has ranged from 72 to
95, averaging 88.
.
S t a t e b u r g , S o u th C a r o l i n a .—We have had rain on one day
of the week, the precipitation reaohing thirty-one hundredths
of an inch, but there has been more moisture to the east and
south. Average thermometer 81'9, highest 94, lowest 72.
G r e e m c o o d , S o u t h C a r o l i n a . — Telegram not received.
W ils o n , N o r t h C a r o l i n a .—Telegram not received.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
•

Aug. 6, ’96.

Aug. 8, ’95.

Feet.
8-4
22*8
5*4
0-2
29-9

Feet.
4-3
9*4
3*7
23-9
17-2

New Orleans......
Memphis............ ....... Above zero of gauge.
JTashvillc............
Shreveport.........
Vicksburg...........

I n d i a C o t t o n M o v e m e n t F r o m a l l P o r t s .—The

receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Aug. 6.
b o m b a t r e ce ipts

and sh ipm e n ts f o r p o u r t e a r s .

Shipments since Sept.

|Shipments {his week.

Great
Year Great Conti- , „ , ,
\BriCn. nenL ■Total. B rita in
•95-6 .......
’94-5; .......
*93-4 .......
'92 -31

2 .0 0 0
1,0 0 0 !
..........
7 .0 0 0

1 .0 0 0

2 ,0 0 0 : 7 1 ,0 0 0
1 ,0 0 0 ' 2 6 ,0 0 0
..........
4 7 ,0 0 0
B.OOOi 4 4 ,0 0 0

Conti­
nent.

Total.

This
Week.

Since
Sept. 1.

7 1 7 .0 0 0
5 1 8 ,0 0 0 ;
8 2 7 .0 0 0
8 0 3 ,0 0 0 ]

7 8 8 ,0 0 0
5 4 4 ,0 0 0
8 7 4 ,0 0 0
8 4 7 ,0 0 0

7 .0 0 0

8.000
10,000

2 ,1 2 2 ,0 0 0

Oaloutta—
1895-96...
1894-95...
Madras—
1895-96...
1894-95...
A ll others—
1895-96...
1894-95...
Total all—
1895-96...
1894-95...

.......

Conti­
nent.

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

Shipments since Sept. 1.

Shipments f o r the week.
Great
Britain.

Receipts.

1.

Great
Britain.

Total.

Continent.

Total.

1,000
2,000

1,000
2,000

11,000
8,000

89,000
36,000

100,000
44,000

1,000

i,ooo

10,000
9,000

9,000
12,000

19.000
21.000

3,000
3,000

3,000
3,000

20,000
26,000

100,000
92,000

120,000
118,000

4,000
6,000

4,000
6,000

41,000
43,000

198,000
140,000

239,000
183,000

E X P O R T S TO E U R O P E P R O M A L L IN D IA .

Shipments
to all Europe
from —
B om bay........
A lloth er ports
T ota l...... .

1895-96.
This
week.

Since
Sept. 1.

2,000
4,000

1894-95.
This
week.

1893-94.

Since
Sept. 1.

This
week.

Since
Sept. 1.

788.000
239.000

1,000
6,000

544.000
183.000

....... ! 874,000
5,000; 320,000

6,000 1,027,000

7,000

727,000

5,000 il,194,000

Through arrange­
ments we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we now reoeive 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.
A l e x a n d r i a R e c e ip t s a n d S h i p m e n t s .—

Alexandria, Egypt,
August 5.
Eecetpte (oantars * )....
This week................
Since Sept. 1.......

1895-96.

5,205,000
This
Since
week. Sept. 1.

1894-95.

1893-94.

2,000
4,538,000
.4,933,666
This 1 Since 1 This
Since
week. Sept. 1. week. Sept. 1.

Exports (bales)—
To L iverp o o l..........
To Continent!........ .

1,000 335.000 2.000 275,000. 1,000 306.000
3.000 333.000 2,000j346,000| 7 ,0 0 0 343.000
----------’
Total Europe...... . 4.000 608,000; 4.0001621.000 8,000 649,000
* A oantar Is 98 pounds,
t O f which to America In 1995-96,38,315 bales: In 1894-95, 44,160
bales: In 1893-94, 24,886 bales.
M a n c h e s t e r M a r k e t . --Our renort received by cable to-night
from Manchester states that the market continus firm for
both yarns and shirtings. The demand for India is good but
for China poor. Wo give the prices for to-day below and
leave those for previous weeks of this and last year for
comparison:
1896.

[Vol. Lxin.

C H R O N IC L E .

Se a I s l a n d (Jo t t o n M o v e m e n t .— We have received this
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. Tl e
receipts for the week ending to-night (Aug. 7) and since
Sept. 1, 1895, the stocks to-night, and the same items for tie
corresponding periods of 1894-95, are as follows.
Stock.

This
Since
This
Since
week. Sept. 1. week. Sept. 1. 1896.

Total.........................

1895.

3 77,196
10,556
4,783

—

64,261
5,359
5,139

2,158
539
535

368
24

3 92,535

—

74,759

3,232

392

The exports for the week ending this evening reach a total
of — bales, of which — bales were to Great B ritain,--to France and — to Reval, and the amount forwarded lo
Northern mills has been 10 bales. Below are the exports
for the week and since September 1 in 1895-96 and 1894-95.
Since Sept. 1, 1895.

North’n Mills.

Great Fr'nce
Great F r ’nce
Total.
Total. BriVn.
<£c.
BriVn.
<£c.

Since
Week. Sept. 1.

Week Ending A ug.7.
Exports
fro m —

10 34,800
1,682
3,608
........

........

....... 11,648 2,376 14,024
64 3,025
2,961
........
16,151 4,789 20,940
7,879
7,879
13 3,730
....... 3,717

.......

........ 42,358

7,242 49,598

10 40,090

79 35,090

5,650 40,740

34,913

S’vann’h, &o
Charrt’n,&c
Florida, «fec.
Now York ..

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

.......

B altim ore..

........

T o ta l.......

.......

Total 1894-5

79

........

........

A considerable portion of the Sea Island cotton shipped to
foreign ports goes via New York, and some small amounts via
Boston and Baltimore. Instead of including this cotton for
the week in which it leaves the Southern outports, we follow
the same plan as in our regular table of including it when
actually exported from New York, &c. The details of the
shipments of Sea Island cotton for the week will be found
under the head “ Shipping News,” on a subsequent page.
Quotations Aug. 7 at Savannah, for Floridas, all nominal.
Charleston, Carolinas, all nominal.
J u t e B u t t s , B a g g in g , & c.— The demand for jute bagging
on the spot has been fairly active during the week under re­
view. Prices are unchanged at 5 % o . for IX lbs., 5 }£ o . for 2
lbs. and 6c. for standard grades in a jobbing way. Car-load
lots of standard brands are quoted at 5J^c. for IX lbs., 5 % c .
for 2 lbs. and 6c. for 2X lbs. f.o.b. at New York. Jute butts
have been quiet at 1 l-16@lXc. for paper quality and 1X@
l^ c. for mixing. From Messrs. Ira A. Kip & Co.’s circular
we ascertain that the deliveries of jute butts and rejections
at New York and Boston during July were 28,247 bales,
against 51,606 bales for the same month last year, and since
January 1st the deliveries have reached 275,607 bales, against
370,145 bales in 1895. The aggregate stock in the hands of
importers and speculators in New York and Boston on July
31st was 3,600 bales, against 2,300 at the corresponding date
in 1895, and the amount afloat reaches 31,768 bales, against
40,778 bales last year.
E x c h a n g e s .—The following exchanges have been made
during the week:
'2 7 p d . t o e x o d . 1 0 0 S e p t , f o r A u g .
*1 2 p d . t o e x e d . 1 ,3 0 0 D e o . f o r J a u .
•13 p d . t o e x o d . 1 , 0 0 0 O e t . f o r M o d .
•10 p d . t o e x e d . 2 ,8 0 0 J u l y f o r M o d .
E v e n 2 0 0 O e t. f o r D eo .
■03 p d . t o e x o d . 2 0 0 N o v . f o r O o t .
E v e n 7 0 0 D eo. fo r S e p t.
•0 2 p d . t o e x o d . 2 0 0 D e e . f o r J a n .

•20 pd. to ex eh. 500 Oot. fo r Aug.
Even 2,000 Oct. for Sept.
•07 pd. to exch. 500 Jan. fo r Med.
•12 pd. to exch. 200 Dee. fo r Med.
•01 pd. to exed. 600 N o v. for Oet.
•15 pd. to exod. 200 Med. fo r Aug.
•02 pd. to exed. 500 Deo. fo r Jau.
•01 pd. to exed. 1,000 Dec. for Jan.

S h i p p i n g N e w s . —The exports of cotton from the United
States the past week, as per la te s t m a i l returns, have reaohed
17,712 bales. So far as the Southern ports are concerned these
are the same exports reported by telegraph and published in
the C h r o n i c l e last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.
Total bale*.
N

Y o r k — T o L i v e r p o o l , p e r B t e a r a e r T a u r l o , 1 , 5 3 6 ....................
T o M a n c h e s t e r , p e r s t e a m e r H o g a r t d , 1 5 0 ........ ......... ....... ...........
T o H a v r e , p e r s t e a m e r L a B r e t a g n e , 6 4 9 ........................................
T o G e n o a , t ie r s t e a m e r O l y m p i a , 6 9 6 .................. - ..........................
T o L e g h o r n , p e r s t e a m e r O l y m p i a , 1 7 8 ............................................
N e w O r l e a n s — T o L iv e r p o o l, p e r s te a m e r s C a p e lla , 2 ,1 6 4 ....
T a m p l o a u , 5 , 3 7 1 .................................................
T o B a r c e lo n a , p e r s t e a m e r C a r o l i n a , 7 5 0 ........................................
T o G e n o a , p e r s t e a m e r C a r o l i n a , 4 , 5 0 0 . .................................... ..
B o s t o n — T o L i v e r p o o l , p e r s t e a m e r s O a m b r o m a n , 6 3 0 ____O o r i n t d i a , 5 3 2 . . . L a n c a s t r i a n , 7 5 . . . R o m a n , 5 5 5 .....................
T o Y a r m o u t h , p e r s t e a m e r Y a r m o u t h , 2 5 ...... ................................

1895.

8*4 lbs. Shirt­ Oott'n
834 lbs. Shirt­ Oott’n
32i» Cop. ings,
common Mid. 32* Cop. ings, common Hid.
Twist,
Twist.
to finest.
Uplds
to f i nest.
TJpld
<L
d. s. d. 8. d.
d.
d.
s. d. s. d.
d.
July 3 83is®7>s 4 4 ®6
4^
4 2V ® 6 3
33*32
“ 10 8he®7>e 4 4 ®6 8% 4
5*3 ®6*4 4 2 m 2>e 33*32
337,4 5ifl ®6^i 4 2 ®6 213 3U1(!
" 17 8>io®6i6lg 4 3 06 7
" 24 6 L 0®61510 4 3 ®6 7
335,3 5% 3638 4 i i a ®6 2
3Hla
" 31 6>8 »7 3 l0 4 3Lj®6 3
4 1 »6 1
3»3J
33*32
•Aug.7 67is®73s 4 4Lj06 9
4 >4 5"ifl ®65,e 4 1 ®6 1
335,2

1894-95.

1895-96.
Receipts to Aug. 7.

ew

T o t a l .....................................................................................................................

1 ,5 3 6
150
649
6S6
178
7 ,5 3 5
750
4 ,5 0 0
1 ,6 9 3
25
1 7 ,7 1 2

Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
O r l e a n s - T o L i v e r p o o l — A u g . 5 - S t e a m e r V e s t a , 2 ,5 0 0 .
T o H a m b u r g - J u l y 3 1 - S t e a m e r C d e r u s k ia , 7 5 0 .
T o B a r c e l o n a — J u l y 3 1 —S t e a m e r J J o v e r S e r r a , 2 ,4 3 7 .
B o s t o n —T o L i v e r p o o l — J u l y 3 0 — S t e a m e r N o r s e m a n 6 7 4 u p la n d a n d
0 8 E g y p t i a n . . . A u g . 4 — S t e a m e r K a n s a s , 1 ,5 7 6
.A u g . 5 —9 te a m s r
V i o t o r i a n , 2 ,0 7 5 .
T o Y a r m o u t h —J u l y 3 1 — S t e a m e r Y a r m o u t h . 3 9 1 .
B a l t i m o r e — To B r e m e n —A u g . 5 —S ts a m e r R o la n d , 2 1 4 .

N

e w

A ugust 8,

1896.]

T H E

C H R O N I C L E

Coi ton freights the past week have been as follows.
S a lu r .

M on.

T u ts .

W ed t u j .

T h u rs.

F r i.

*32

*32

set

*33

201

20*

L iv e r p o o l.............. d .

22*t
22*1
22*1
22*t
22*1
H a v r e , n a k e d __ e. 2 2 4 !
....
....
....
....
D u n k ir k .................e.
B r e m e n ..................e. I S <320* 1 3 9 2 0 : 1 8 9 2 0 1 1 9 * 2 0 * 1 9 9 2 0 1 1 9 9 201
....
Do
........ #••••£•
....
22l
22*
22*
22t
22t
22»
H a m b u r g .............. e.
....
....
....
....
....
Do
..............e.
....
251
251
25t
251
251
Am -tM am , a s k e d . e.
251
34*
34 )
341
341
34t
3A1
R e v a l. v . H a m b ..e .
321
32*
321
331
321
D o V. H u l l . . .4 .
321
....
....
....
....
....
B a r c e lo n a ............ 4.
G e n o a ................... 4 . *64**32 * » « * 532 *6*9*33 *6* 9*33 *6* **33 *6*9*32
*33
T r ie s t e . J u ly 2 5 .4 .
*33
6a3
*32
*4$
A n t w e r p ............... 4.
*32
*42
*33
S-l3
*32
*33
*
*
G h e n t, v .A n t w 'p .d .
*
*
*
*

I ' Vn’ .

>I

L iv e r po o l .—By cable from Liverpool we have the follow ing
of
week's sales, stocks. &o., at that port.

statement

the

J u ly 17
S a le s o f th e w e e k
........tnilea
0 ( w h ic h e x p o r te r s to o k —
O f w h ic h s p e c u la to r * to o k ..
S a le * A m e r ic a n .......... ................
A c t u a l e x p o r t ...............................
F o r w a r d e d ...................
............
T o t a l s t o c k — E s t im a t e d .. . . . . .
O f w h ic h A m e r i c a n - E t t lm 'd
T o t a l Im p o rt o f th e w e e k ..........
O f w h ic h A m e r ic a n .................
A m o u n t a f lo a t ...............................
O f w h ic h A m e r ic a n .................

J u ly 24.

63,000
2,20 0
1 ,10 0
57.0 0 0
5.000
63,000
73 9,0 0 0
5 9 1,0 0 0
13.0 0 0
6.000
27.00 0
17,0 0 0

J u ly

44.000
1,9 0 0
HOC
39.000
7,000
53,000
893.000
54 7,0 0 0
li.O O O
7,00 0
37,0 00
28.000

31

41.00 0
1,80 0
300
30.000
0.000
50.000
6 14 .0 0 0
503,000
7,000
5.000
37,0 00
30,000

A ug. 7
27,00 0
1.6 0 0
1,200
2 1,0 0 0
8.000
10,000
6 25,0 0 0
489,000
29,000
2S.OOO
24.000
20,000

2 3 5

came a reaction in sympathy with a break in the financial
market, but later, on reports of large export purchases here
and at the West, “shorts” bought to cover contracts and prices
again advanced. The spot market was fairly active and firm.
The sales included No. 3 red winter at- fli^ c., f. o. b. afloat,
and No. 1 New York Northern at 641^0., f. o. b. afloat. No.
No. 1 hard spring quoted at 671iC., f. o. b. afloat.
CLOSESO PRICES OF
8at.
August delivery......
63*
September delivery..
6439
65%
October delivery......
December delivery..
06*
May delivery...........___0. . ...

WHITES WHEAT.
Wed. Thurt.
Tues.
6 34
63*
614
64
64*
62*
63*
65
61*
66
664
64*
69
....
67*

F r i.
62
62*
63*
64*
67*

.D A IL T CLOSING P R IC E S o r HO. 2 M IX E D G OBS.
Sat
T h u rs .
I f on.
Tues.
W ed .
29*
30*
30*
30*
31*
304
31*
30*
314
30*
31
31*
30*
31*
314
34
34*
34*
33*

29*
30*
30*
33*

D A IL T

6 0 . 2 BED

Jfon.
634
644
6170
66*
....

Speculation in the market for Indian corn futures has been .
quiet, but during the first half of the week there was a de­
mand from “shorts’’ to cover contracts and prices made frac­
tional advances. Subsequently, however, continued favor­
able prospects for the growing crop, prompted freer offer­
ings and the advance was more than lost. In the spot mar­
ket shippers were fairly large buyers during the latter half
of the week at a decline in price. The sales yesterday in­
cluded No. 2 mixed at 31 * o ., f . o. b. afloat, and 81@31}0.
delivered: also yellow at 81>£c. in elevator. To-day the mar­
ket was quiet but sceady. Tne spot market was fairly active
and firm. The sales included No. 2 mixed at 30e. in elevator,
31c. delivered and 3lTg §32c., f. o. b. afloat; also No. 3 yel­
low at 305g'?31c. in elevator and 3lJ.£c. delivered.
A u g u s t d e liv e r y ..........
S e p te m b e r d e l i v e r y . ...
O c to b e r d e liv e r y ...........
M ay d e liv e r y .................. . . 0.

F rt.

Oats for future delivery have been quiet and prices have
weakened in sympathy with a decline in other cereals. In
the spot market a moderate amount of business has been
The tone of the Liverpool market for spots and futures each transacted and price* have advanced. The sales yesterday
day of the week ending Aug. 7 and the daily closing prices included No. 3 mixed at 23V£i. in elevator; No. 2 white at
26c. in elevator and white clipped at STWd,, f. o. b. afloat.
of spot cotton, have been as follows.
To-day the market was dull and easier. The spot market
was firm on scarcity of supplies. The sales included No. 2
S a t u r d a y M o n d a y . T u e s d a y . W ttF d a y . T h u r t S y . F r i d a y
S p o t.
mixed at 23 ^23'^c. in elevator; No. 2 white at 28@26}£<3. in
F
air
M a r k e t, (
f. o. b. afloat.
bualnean
D earer. Harden it. elevator, and white clipped at
1745 F. M.j
do ln f.
4’ »

*h *

10.000
1.50 0

io .o o o

•

B a l e s ...........
Sp ec. A ex p
F u tu re s .

2?
2
©
•—

M a rk et, 1
174 5 r. M.}

|

► i
4
2
0
B

0

*3
c
—
—

4*
8.000
500

1,000

Barvly
Barely
Stead? ml
H>-Ai wl- •toady at •tead r at
ranee. 1464 adr. 1-64 dec.

M a rk e t, (
4 P. * .
(

V e ry

Steady.

steady.

Irravular
and
a iu e u le d

The prioes of futures at Liverpool for each day are given
below. Prioes are on the basis of Uplands, Low Middling
clause, unless otherwise seated.
r r FSe p r i c e * a r e g i e e n (a p e n e s a n d 01:A.
3 6 3 -6 4 4 ,. a n d * 0 1 m e a n t 4 1-6 4 4 .
M a la r .
1 lo
A u g. 7.

A 'iff.

J lo n .

T a ra.

:
;

W ed.

1:45

r.

;
•

A u g u s t .......
A n g .- S e p t...
S e p t. O c t . . .
O c t. -Nov ..

m.

r.

d.

9

D e c.-J a n ..
J a n .F e b .. .
F eb -M a rrh ..
M c h .A p r t l.
A p r i l - S t a r ..
I fa f- J n n e ..
J tin© J u l y . .

4

m.

d.

3 63

T h n ra.

1:45 1 4

gj

m eant

F r l.
4

1:45

r . u . P.M. P.M. P. M
d.

d.

3 03 1 071 l 05 1 07
3 61 3 61 1 03 4 05
3 57 3 58 4 00 1 0 1
3 55 3 50 3 712 3 63
3 54 3 55 3 61 3 62
3 54 3 55 3 61 3 62
3 5 1 3 55 3 01 3 02
3 56 3 ’*»{ 9 62 3 63
3 57 3 57 3 63 4 00
3 58 3 56 & Oil 4 01
3 59 3 60 4 01 4 02

i

N o r .-D m o . ..

Thus:

d.

d

110 4
4 07 4
4 01 4
4 02 4

l 01
4 01
4 01
4 02
4 03
4 01

17
15
11
10

4 OH
4 08
4 OS
4 09

4 11
1 11

4 05 4 13

DAILT OLOSIHO PRIOES OF HO. 2 MIXED OATS.
H a t.
i f on.
Uue*.
W ed.
Than.
23
23
22*
2 2 -*
222*
22*
22*
22*
22*

A u g u s t d e l i v e r y .............. o.
T- * 32*
S e p te m b e r d e liv e r y . . . . c .
22* 22*
O c to b e r d e l i v e r y .......... e .................. 2 2 *

The following are closing quotations :

The movement of breadetufls to market as indicated in the
statements below U furnished to us bv the Statistician of the
New York Produce Exchange. We first give the receipts at
Western lake and river ports, arranged so as to present the
comparative movement for the week ending Aug. 1, 1896,
and si.ice August 1, for each of the last three years:
Ils u ip tia t—

F lo u r .

iV \ ta L

Chrn.

Hbit.VJObs Hush 00 tbs Hush. M b *

B

R

E

A

D

S

T

U

F

F

S

.

F rt.

22*
22
22

FLOOR.
f i n e .................... 9 b b l. 3 1 6 0 S 2 00 P a t e n t , w i n t e r ............ S 3 4 5 » 3 6 5
la p e r f ln e .. . . . . . . . . . . . 1 7 0 * 2 1 0 C it y m ills e x t r a s . . . . .
3 90
Bxtrm, N o .2 ___ ____ 2 2 0 > 2 30 R y e S o a r , s u p e r fin e ., 2 3 0 9 2 00E x t r s .N o . 1 . . . . . . . . . . 2 5 0 * 2 6 5 B u c k w h e a t f l o u r . . . . .
....
d e a r s .............. . . . . . . 2 5 0 9 3 1 5 C o rn m e a l—
S t r a ig h t * .................
3 1 5 9 3 40
W e s te r n , A o ........... . 2 0 0 9 2 1 0
P a te n t, s p r in g ........ .
3 4 0 9 3 75
B r a n d y w in e ........ ..
2 15
(W h e a t d o u r In s a c k s s e lls a t p rio e s b e lo w th o s e ( o r b a r r e ls .]
GRAIN.
W h eat—
e.
o.
i C o rn , p e r b u s h —
o.
o.
S p r in g , p e r b u s h .. 6 1 « 6 7
W e st’ n m i x e d .. . . _
27*9 32*
R ed w in te r N o . a . . 0 5 * 9 6 7 *
N o. 2 m ix e d ............. 30
9 31*
B e d w i n t e r . . __ _ 6 2
9 68
W e s te rn y e l l o w . . .
30
« 32*
W h i t e ........ ..........................-9
—
W e s te r n W h ite ___ 2 9 * 9 3 2
Onto— M ix e d , p e r b u . 2 1 « 25
R yeW h i t e ........ .............
25
9 32
W e s te r n , p e r b u s h .
38
» 40
N o. 2 m i x e d . . . . . . . 2 3 9 24
S ta te an d J e r s e y ..
10
9 41
N o. 2 w h it e ............
26 9
2 7 * B a r le y — W e s te r n __ 34
9 38
F e e d in g ........................ 32 * 33

Chicago......
Milwaukee
D u lu th ......
Mlnueap ’ll*
T o le d o ......
D etroit.......
C lev ela n d ..
9t. Isoo lt...
P eoria........
Kan*«* City

59,»50
127jHj4
9,008
1.876
2,100
I.20S
20.41?
4,900

550,1*3
1.31.050

2.0»4.75l
20.0511
6 2 \ n r.\
10^31
M23.00O
5,100
851,400
42.000
03.067
24.359
17," s e 1
11,7*0
h i ''JVSf
074,400’
' 55.800
258.100
18l.*>0O
0 4,0t»0

Oats.

||
S'
vl

M ld .U p l'd s .

1.0 m.691

104,4kM)
173.002
115,880
3.61X1
10,301
19.283
74,220
181,750
65,000

B^trley.

Hue.

Hush. iSUft Hush.54 tbs

40,003
27,200
140,001

•9U0 > p
12,000
40.136

F r id a y . August 7. 1896
9,600
There has been a fair market for wheat flour during the
past week. A moderate amount of business has been trans­
acted and as the supply of winter-wheat grades has been
4.492
750
limited prices have shown tome firmness: spring wheat
000
4200
grades have sold at steady prices. City mills have had a
moderate call at unchanged prices. Rye flour has sold rather Tot.wk.SMJ
105,933
228,3-54
1,014,07
*7
3,423.514 4.808,(31
slowly, but no changes have been made in Quotations. The Haroe w lc.V *70,
74,275
34,141
109,417 2.280,270 1AWJ9M 2,102,103
demand for corn meal has been very moderate but prices Same wk. '91 204.821
35,080
22,356
0,106,00*4
1,965,989 2,270,037'
have ruled fairly steady. To-day the market was quiet and S in ce A u o .l
spring patents were quoted lower.
11,281.022 410,411,367 125.401.518] 131,8)1,»7'>I 89.708,782 4.381,301
There has been very little snap to the speculative dealings 1 * 6 - 9 6 ..... 14.181.111
US.674.4 8i 81,832.570:1C1,7<M,060 31.3SU.T, 2,777,203
in the market for wheat futures, an i prices have fluctuated 11414-85
1883-81 ... lU 4 7 .m m 3 .8 l7 .8 a i ISI.ona.MI1166.319.463 2-*.4*0136 3,492*08
within narrow limits, changes having been fractional until
yesterday, when there was a break of about lj{c. per bushel, The receipts of flour and grain at the seaboard ports for the
under liquidating sales by tired “ lings,” prompted by im ­ week ended Aug 1, 1896, follow:
Flour,
H 'hril,
Om.
Oil*.
f llr le y .
Rw ,
proved conditions at the West for the crop, dull and easier R * c t pi* a t —
hbis.
ftuM.
bu«6.
bueh.
tweh
bush.
foreign advices, and in sympathy with the depression in New T u rk ............... 101,0112
*71.550
*39,730
901,960
83,025
97,700
Boston
.....................
*“
.333
270,152
281.160
179,398
1,016
000
financial circles. In the spot market a limited amount of Montreal...................... 60.096 I09.9r2 2*0.96* 2-2.332 ......... 8.500
business has been transacted, and prices have followed P h ilad elp h ia........... «d.7M 190.915 210,121 39.673
800
......
B a ltim o re ........ .
SS.2 t »
875.3,7
**9,719
887.8*5
........
13.-JM
futures. The sales yesterday included No. 2 red winter at Richmond
2.800
21.810
28,402
6.774
.........
600
67c. f.o.b. afloat and No. 1 New York Northern at 63 V ? New O rlean...............
s...........
13,660
6.6.0
17*77 6
21,80*
........
........
•3%o. f.o.b. afloat. To-day the market was fairly active.
Total w eek........ 374.079 L456.4M 1,817.171 1.639,871
84,840 120,694
The offering was higher on buying for foreign account. Then W eek 1895................ 267,473 1,039,37 * 993,720 1.073,16:1 2.876 12,9*3

T H E

2 3 6

[V

C H R O N IC L E .

ol

. L X III,

D R Y

7,110,000
0,537,000
3,754,000
1,597,000
1,301,000

G O O D S

1,598,000
1,557,000
194.000
214.000
330,000

718.000
740.000
28.000

87,00n

360,0' q

T R A D E .

X
to
to
w
vl
<0
X
X

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MCOCi^CO
Cio <
coco 1 —O' M —
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MK* M X>© O M

03
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03^4
Ot M
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XCO©it^O
Mb toot —
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—row© -j

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to 03

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X T M COtOO' 'J M
Hi 'cOm CO O (© -o
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u

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^ © »t* to X
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co3.

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M~J£*

MtO
©xotcoco
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X O
K.
M t- Ot to oi O' '5
—
© I batOfcoVco oo
M X CO -<*Oi
■q 035H0-*

ot -*
«- to CO*4
MC:
C3M © ocob.©
03W HM XM 4
M — © X Ot© '*]
bt to © ~4bt
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COif* X to If* X to

©
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M
Ot
X
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CO
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Ot —
1
^^
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(fan*
—Ol
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3

273,684
109,255
70,451
70,737
9,859

W o o d e n G o o d s .— T his w e e k ’s business has m ade it cle
th at th ere m a y b e a con siderable increase in tbe n um ber
buyers in the m a rk et and y e t b u t s lig h t expansion in t
v o lu m e o f saleB. A g en ts com p la in o f th e v e r y sm all ord<
th ey are called upon to book in th e ir variou s lines, even t
la rgest buyers c o n ten tin g th em selves w ith w h a t are Hi
b etter than sam ple purchases. T h e n e w lig h t-w e ig h t busim
is thus d e c id e d ly u n s a tisfa c to ry up to date: besides t
sm allnees o f the orders and the" lo w ra n ge o f q u a lity gem
a lly b ou gh t p ro vo k e ad verse com m en t. P rice s are p e tfo i
stead y on cu rre n t basis, as f e w m a n u fa ctu rers are in a pc
tion to lo w e r qu otation s. T h e h e a v y -w e ig h t business is d
all around and w ith o u t p ro m in en t fea tu re.
O v e rc o a tir
an d cloa k in gs qu iet. Dress goods d u ll in both staples a
fan cies. F la n n els and blankets s till in a c tiv e. Carpets qu i

M
—p
btb«
t>
to-*
co to

3

a£eg o 2
2.M
f—- • O *-*»
p. •
®!
o•
0:

1,957 533,986
11,542 2,469,201

N e w Y o r k . F r i d a y , P , M ., A u g . 7, 1896.
T h e m arked ad van ce in th e p rice o f ra w cotton bas been
th e o n ly n ew fa c to r in th e ge n era l situation. Its influ ence
has not been m arked as y e t, but s till d u rin g th e second h alf
o f the
w eek
business sh ow ed
som e im p ro vem en t in
v o lu m e
o v e r the
first h a lf,
w h ilst
here and there
sellers o f som e staple goods h ave show n a disposition
£o assume a
firm er attitude tliiTh o f la t e .* A s buyers
are on ih e w h o le but p oo rly supplied w ith m erchandise,
th »y m ay, should cotton retain the im p rovem en t, abandon
in part at
least th e ir e x tre m e ly cautious policy, and
th ere are som e exp ectatio n s th at the c o m in g w eek w ill dis­
close a la rg e r d em an d than n o ticea b le fo r a considerable tim e
past. T h e jo b b in g trad e here and elsew h ere have been s ellin g
m ore goods in both fa ll specialties and in staple lines, and th e ir
replen ish in g requ irem en ts must be g r o w in g . P o litic a l u n ­
c erta in ty , h o w e ve r, s till rem ain s an obstacle ia th - w a y o f
a n ticip a tin g needs to an y g re a t exten t. T h ere has been no
im p ro ve m e n t w h a te v e r in the w oolen goods departm ents
business h u n g b ackw ard th rou gh ou t, and in o th -r d ivisio n s
o f the m a rk et tra d e is qu iet.

Manufactures o l— 1
W o o l .................. 1.174
583
C otton ...............
136
Bilk.....................
519
F la x ...................
89
Miscellaneous ____

T H E

10.752,000
8.810,000
4.65 i.OOO
3,737,000
0,893,000

T o t a l ...............
Ent’d foroousumpt

Total Aug. 1,1890.46.754,000
Total Juli' 25.1896.47,142,000
Total Aug. 3.1895 38.517,000
Total Aug. 4.1894 flo,OH,000
Total Aug. 5. 1893 59.4lb,000

Total im ports ....... 14,043

D o m e s t ic C o t t o n G o o d s — T he e x p o rts o f c o tto n g o o d s
T h e to t a l re ce ip ts a t p orts n a m e d in la s t ta b le fr o m Jan. 1
fr o m th is p o rt fo r th e w e e k e n d in g A u g . 3 w e re 8,651
to A u g . 1 co m p a re as fo llo w s fo r fo u r years:
1898
packages, v a lu e d a t $328,187 th e ir d es tin a tio n b e in g to th e
1894.
1895.
IK»«.
Receipts of—
10,921,708 p oin ts s p ecified in th e tables b e lo w :
11,535.515
9,101,861
flour ........... ,.bbla. 8,104.561
51 630.641
25,101,283
1^4,879,127
Wheat ......... .bush. 29.741.009
32.075,142
1896.
1895.
33,093,614
24.185 301
Corn... ......... . “ 40 303.15$
20 053,073
N < » Y o b k to A ug . 3.
22,95^.305
20 rt <5 829
O a ti............. . “ 88.tU47.533
2,007.470
1,784,514
1,524,395
411)3,835
Week. Since Jan. 1. Week. Since Jan. 1.
Barter............ . *•
798 754
160,227
211,724
M 1,033.896
R re...............
10
2,018
146
3,246
114,455.983 GIreat Britain.....................„
81.701,407
131.18O.1S0
07.257.912
Total urain
1,929
40
27
Other European..................
1,778
67,548
T h e e x p o rts fr o m th e s e v e ra l seaboard p orts fo r th e w e e k JUina ................................. 1,800
2,439
33,401
3,526
India................................ .
17
39
3,673
e n d in g A u g . 1, 1898, a re s h o w n in th e a n n e x e d s t a t e m e n t :
17,144
1,705
Arabia................................. 4,033
15,952
Bees,
liy t,
Flour,
uats.
Wheat,
Com,
12,599
1,195
5,686
bun- . 4-Crioa ...... .......................... 1,438
’ H I'’
bwt'i
hbls.
hush.
biufe.
Export afrom 118
7,180
274
68 ,020
3.188
•Vest Indies.........................
10,417
738.029
06.718
Now York.......... .. 233,706 394,3>8
13
1,759
20
49,876
vie x l o o ............ ..................
18,240
1.807
Sj.500
Boston.............
5,419
232
187
Portland ... ---Central Am erica..................
6.754
8,130
85.4‘i i
Philadelphia .....
383
28,582
937
4oqtli A m e r ic a .............. .
35,759
130,000
319,850
77,471
Baltimore...........
12
2,211
'Hner Countries..................
275
4,268
1,753
1,405
20 <30
New Orleans ... .
226,000
Norfolk ...........
Total.............................. 8,051
149,915
122,741
7,289
1 0 3,000
“ U,203
Newport News . .
57,010
8.495
115,742
87,266
22,302
167,556
China, via Vancouver*,... 3,732
Montreal..........
....
15,350
0),198
70.521
Total week ... ..1.239.710 1.239,121 273,347 1,1)5,111
Total.............................. 12,383
172,217
7,289
138,091
33,12)
.
3V7.70O
137,907
5
),U60
1.14
*,072
Same time 1895 ..
* From Vow England mill points direot
T h e d es tin a tio n o f th ese e x p o rts fo r th e w e e k an d since
T h e v a lu e o f th e N e w Y o r k e xp o rts fo r th e y e a r to d a te h a s
S ep te m b er 1, 1895, is as b elo w .
W e a d d th e to ta ls fo r th e
been $6,611,413 in 1896 a g a in st 85,510,755 in 1815.
corres p o n d in g p erio d s o f la s t y e a r f o r c om p a riso n ;
T h e h om e dem a n d fo r b ro w n goods has c o n tin u e d in ­
--------- Flou r. --------- . --------- W toat. --------- . — ------- Corn. ---------Week Since Sept. d iffe r e n t in a ll d escription s, but the w e e k closes w it h
Exports for
TVm)! Since Sevt. Week Since Sept.
1.1895.
ureek and since A uj. 1
L 1895.
Aug. 1
I. 1895. Auy. L.
bush.
n m e in crease in b id d in g .
S ellers s h o w m o re firm n ess
bush.
OUab.
bbla.
bbla.
bush.
United Kingdom 17d,487 7,284.477 984,563 33,312.021 730,001 45 300.808 in a n u m b er o f d irection s, u n d er th e in flu en c e o f the c o tto n
191,727 10,055,839 382,114 35-968.573
Oontlnent .......
41.693 1,003.487
W i. 800 m a rk e t and tb e n o n -a ccu m u lation o f stocks. I n b lea ch e d
25,593
4,438
8. A C. America
30.371 1,297,783
705,475
2i.?91
3,50.0
17/83 1,050.119
West Indies..
4« 7.337 cottons sales h a ve reach ed a la r g e r to ta l th a a o f late, bu t th e
7.800
Brit. N. A. Coi’s.
314,550
3,000
5.5* 0
174,300
Other countries.
6,113
04,129 1,275.890 135,017 2,027,779 dem an d is still qu iet.
K id -fiu is h e d c a m b ric s h a v e been
W .d ■ sheeting-, d u ll
Total ..
.. 2:3.Sl- lt.2U.722 1.239,719 l5.276.U3 1219,121 85.773.771 irre g u la r and so n e lo w s a D a re p o rte d
Total 1SDJ.. a. .. 137,967 11,191.239 397,760 11,920.760 1.111,073 37.897.892 and featu reless.
C otton flan n els an d blan kets in a c tiv e .
T h e v is ib le su p p ly o f g ra in , c o m p ris in g th e stocks in D en im s in q u iet requ est at firm prices. O th e r coarse, c o lo r e d
g r a n a r y a t th e p rin c ip a l p oin ts o f a c c u m u la tio n a t la k e a n d cotton s s lo w and u n ch an ged in price. S o m e fa ir - s iz j d sales
o f fa n c y calicoes h a ve been re co rd e d a t s te a d y prices, but f o r
seaboard p orts, A u g . 1, 1896, w a s as fo llo w s :
o th er prints to e dem a n d is in d iffe re n t. G in g h a m s a re s lo w
Wheat,
Corn.
Oats
B a rle y
K-VC
In store at—
bush.
bush.
bush.
bush.
bush.
th ro u g h ou t in both staoles and fan cies.
P r in t c loth s c lo s e
332.000
1.631.000
New York............... 1.514.000
22,000
48.000
w ith sales o f e xtra s at 2 7-lGc., a fte r r u lin g in a c tiv e a t 2 % c .
Do
afloat.......
96,000
1 * 0.000
8 ,000
Albany..................
20,000
50.000
5,000
bid. O dd go o d s also firm e r a t th e close.
Buffalo.................. 1,138.000
287,000
273,000
143,000
217,000
Do
afloat....................
1896.
1895.
1894.
1899.
Chicago.. ........... 13,767,000
5,514,000
322/00
1,430,000
11.000
S to c k o f P r i n t O lo t h i—
A u g . 1.
Aug. 3.
Aug. 4.
Aug. 5.
Do
afloat............... .
A
t
Providence,
64
squares.
340,000
189.000
325,000
182,000
Milwaukee.............. 379,000
i,c o o
2 ?,0 J0
305.000
25.000
A t Fall River, 64 squares. .1,032,000
63,000
609,000 ) orjo nnn
Do
afloat....................
A t F a ll River, odd sizes.--. 663,000
108.000
201,000? 366-000
Duluth................... 6.801,000
14,000
330,000
249,666
72.000
Do
afloat....................
Toledo................... 50J.000
50,000
2,0 0 0
77,000
Total
stook
(p
ie
o
e
s
i....2,005,000
360,000
1,135,000
548,000
Do afloat.....................
Detroit................... 268,000
0 ,0 6 6
8,000
29,000
F
o
r
e
ig
n
D
r
y
G
o
o
d
s
.—
T
he
re-orders
f
o
r
fa
ll
lin
es
o
f dress
Do
afloat.....................
Oswego...................
67.000
goods and silks c >me fo r w a r d s lo w ly a n d f o r s n a il q u a n ti­
55,000
49,000
513.000
8t. Louis................ 1,376.000
59.000
5.666
ties, w h e th e r in fan cies o r staples, b u t p rices are g e n e r a lly
Do afloat......................
115.000
45 000
Cincinnati..............
7,000
2,000
14,000
steady. R ibb on s and h o sie ry and u n d e r v fs a r a is o s lo w in fa ll
2,000
Boston................... 1,009,000
231,000
200,000
Toronto..................
141,000
20,000
22,000 lines. Season able business is lig h t a t ir r e g u la r prices.
Montreal................ 275,000
36,000
2 * 0,000
6.000
•44,000 I m p o r t a t i o n s a n d W a r e h o u s e W i t h d r a w a l s o f D r y G o o d s .
Philadelphia........... 485.000
247.000
77,000
Peoria.................... 122.000
15,000
92.000
4,000
T h e im p o rta tio n s an d w a reh ou se w ith d ra w a ls o f d r y g o o d s
Indianapolis...... ... 433,000
))•-.000
2.000
Kansas City............. 937,000
28,000'
7.000
5,0 6 6
a t th is p ort fo r th e w e e k e n d in g J u ly 30, 1896, and s in c e
Baltimore...........
1,281,000
502.000
505,000
20,000
Minneapolis.............1-4,500,000
19,000
1 1 1 .000
67,000
* 13* 000 J a n u a ry 1, 1896, au d f o r th e c orres p on d in g p eriod s o f last
On Mississippi River.
90.000
307,000
13,0^0
y e a r a re as fo llo w s :
Ou Lakes................ 700,000
2,078.0' 0
93-'.000
74,000
177,000
On canal and river... 483,000
283,000
S20.OOO
197,000
40,000

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T H E

A U G C S T 8, 1896.]

C H R O N IC L E .

2 3 7

Colntnbus, Qa.—B o n d Election.—The $100,000 of court­
C it y p g f A f t T M m . house and refunding bonds which are to be put to a vote on
Sept. 14, 1896, will bear 4J£ per cent interest.
TERMS OF SUBSCRIPTION.
East Rutherford, N. J.—B on d s Proposed.—The propertyowners of East Rutherford have decided to vote upon the
T h e I nvestors’ S u pple m e n t
w i l l b e f u r n i s h e d proposition to issue $18,000 of sewer bonds and $22,000 for
without extra charge t o e v e r y a n n u a l s u b s c r ib e r o f t h e macadamizing roads. No time has as yet been fixed for the
election.
C o m m e r c ia l a n d F i n a n c i a l C h r o n ic l e .
Elkland. Pa.— B o n d Election.—On August 18, 1896, the
T h e S t a t e a n d C i t y S u p p l e m e n t w i l l a ls o b e f u r ­ people of Elkland will vote on issuing $10,000 of water-works
bonds.
n is h e d w i t h o u t e x t r a c h a r g e t o e v e r y s u b s c r ib e r o f th e
Everett. Mass.— Bonds U n sold .— 'So bids were received for
the $50,975 of 4 Der cent bonds of the city of Everett which
C h r o n ic l e .
were recently offered for sale.
T h e S t r e e t R a i l w a y S u p p l e m e n t w ill lik e w is e
Freedom, Pa.—Bond Election.— The people of this place
b e f u r n is h e d w i t h o u t e x t r a c h a r g e t o e v e r y s u b s c r ib e r will vote next spring on the issuance of sewer and water­
works bonds.
o f th e C h r o n i c l e .
Hastonla, N. C.—B on d Election.—Water-works bonds of
T h e Q u o t a t i o n S u p p l e m e n t , is s u e d m o n t h l y , w i l l this city to the amount of $18,000 will soon be voted on.
Green op, 111.— Bonds A uth orized .—Water-works bonds of
a ls o b e f u r n is h e d w i t h o u t e x t r a c h a r g e t o e v e r y s u b ­
this village to the amount of $4,000 are to be issued.
s c r ib e r o f t h e C h r o n i c l e .
H ieksville, 0 .—B o n d Sale Canceled.—It is reported that
T E R M S f o r t h e C h r o n i c l e w i t h t h e f o u r S u p p l e ­ the sale of $20,000 of Hieksville school bonds to Messrs. N. W.
Harris
& Co. has been canceled. The firm refused to take
m e n ts a b o v e n a m e d a r e T e n
o lla r s w i t h i n t h e U n i t e d
the securities unless they were made payable in gold.
8 ta te s a n d T w e l v e D o l l a r s i n E u r o p e , w h i c h i n b o t h
Jeffersonville, Ind.— Bonds Declared In va lid . —It is re­
cases in c lu d e s p o s ta g e .
ported that the Supreme Court of Indiana has declared in­
valid $87,000 of Jeffersonville bonds issued in 1876 and ma­
T erm B o f A d v e r t i s i n g — { P e r io c n s p a c e .]
turing Aug. V. 1896. They were issued for baying a oourt
O n e tim e ......................... ..
* 3 50 I T ar
M o n th s (1 3 t i m e s ) ..8 2 5 00 bouse and jtil site and for expenses in removing the county
O n e M o n th
(4 tim e s ) .. 1 1 00 S ix
o a th s
(26 t i m e s ! .. A3 00
seat f r o m Charlestown to Jeffersonville. The ordinance au­
T w o M o n th *
(8 tim e * ) .. 1 8 00 I T w e lv e M o n th s (S3 t i m e s ) .. 68 00
thorizing their issue states that they were to take up certain
(T h e s h o v e te r m s fo r o n e m on th s a d o n w a r d a r e fo r s ta n d in g e a r d t .
outstanding notes, etc., but it was understood that the money
was r e a l l y to be used for the above purpose.
T h e p u r p o s e o f till* S la te a n d C ity D e p a r tm e n t
Kingston, N. C.—B on l E lection .— An election will soon be
is to fam ish our subscribers with a weekly addition to and held
in this town to decide the question of issuing bonds for
continuition of the S
City S
. I n other an electric-light plant.
words, with the new facta we shall give, the amplifications Massachusetts.—B on d Sale.—It is reported that the $100,per cent State bonds for which all bids were reand cirrectiona we shall publish, and the municipal laws we 000 of
on July 31 have been awarded to Messrs. J. P. Morgan
■ hall analyse in the “ State and City Department,” we expect j-oted
Co., and that they have been sold in London by that firm.
to bring down weekly the information contained in the &
The securities are dated May 1. 1896. and mature November
S
C
S
to as near the current date as 1, 1923. Interest will be payable semi-annually on May 1 and
poauble. Hence e v e r y Subscriber w ill at all times possess a November 1, and both principal and interest will be paid in
complete and fresh cyclopaedia of information respecting gold at the office of the State Treasurer.
Mercer County, N. J.— B ond Offering.—Tne finance Com­
Municipal Debts.
mittee of the Board of Chosen Freeholders of Mercer County,
N. J., will receive proposals until 1:30 P. m. on August U th at
B o n d P r o p o sa l* a n d N e g o tia tio n s .—We have re­ the
Court House in Trenton for $100,000 of 4 per cent bonds.
ceived through the week the following notices of bonds- The
securities will mature at the rate of $10,000 yearly from
recently negotiated and bonds offered and to be offered for date of Usue.
•ale.
M iller’s Falls, Mass.— Temftorary Loa n.—Village Treas­
Adams Fire District. Mass.— B ond Offering.— Bids will be urer J. E. Kavenaugh is offering $15,000 of 8-year Miller’s
received until 1 o’clock p. H August 10, 1896, by F. W. Falls water notes.
Spalding, Treasurer Adams Fire District, Adam*. Mas*., for Milwaukee, WIs.— B ond O ffering.—City Comptroler W il­
the purchase of $30,000 of 4 per cent Adams Fire District liam J. Fiebraniz, will receive bids until August U th at 12
water bonds. The securities will be dated July 1, 1896, inter­ o'clock m. for $320,000 of school bonds, $130,000 of public
est will be payable semi-annuslly on the 1st of April and the perk bonds, $160,000 of street improvement bonds and $40,000
1st of October, and $5,000 of the principal will mature Octo­ of sewerage bonds. The securities are dated July 1, 1896, in­
ber 1, 1909. The remaining $25,000 will mature at the rate of terest at the rate of 5 per cent will be payable semi-annually
$5,000 annually thereafter.
on January 1 and July 1, and 5 percent of the principal
Anaheim. Cal.—B o n d Election.—Bonds of this city to the of each iasue will mature annually from date.
amount of $11,000 for extensions have been voted.
Mnrpby, N. C.— B ond Election.—An election will be held
Archhold, Ohio—B ond Sate.—On August 3 the village of in tins town to vote on the question of issuing $20,000 of
Archbold sold $12,000 of paving hoods to W. J. Hayes A iionds for the purpose of improving the streets.
Sons, of Cleveland, Ohio, for $13,130. The securities will be Newark, N. J.— Tem porary L o a n .— The city of Newark has
payable at the rate of 100,000 yearly from date of iasue.
placed a temporary loan with the Essex National Bank at
Arverne, N. ¥.— B ond* Proposed.—It is reported that street 6 per cent. According to Comptroller Gibson this is the
and sewer bonds of this village to the amount of $50,000 are highest rate which the city has paid since 1898.
under consideration.
New York City.—B on d Offering.—City Comptroller Ashbel
Baltim ore, S I .—Bonds A uth orized.—The Board of Fi­ P. Fitch will receive proposals until August 17th at 11 o'clock
nance Commissioners have determined to issue $1,000,000 of 4 a . for $2 637,736 84 of 31 j per cent gold bonds of New York
per cent stock, redeemable Jan. 1, 1933, for the purpose of Citv. The list includes bon is which were not sold on July 27th
constructing an electrical subway system.
and 38lh and a few new issues. They are described in detail as
Barnesvllle, Ha.—Bonds A uthorized.—Bands of this town follow s:
to the amount of $15,000 are to be issued for an electric-light
LO ANSWhen Due.
LOANSWhen Due.
plant and new public buildings.
3HX.. M N, 8100.000*.Nov. 1,1918 3*v*.. M-N. * 1 4 8 .0 0 0 * .N o v . 1 . 1 9 1 7
I’ AYISG —
Barton Heights, V a — B on d Offering.—Proposals will ba 3 H g : M-N, 8903,904 28*.,
3>»* , M N. 8 100.000J N o v. 1 , 1 9 1 7
received until September 1st at 13 o'clock M. by the Finance
N o v .l, 1914
P u b lic P a r k —
.N o v . l ,1 9 1 7
Committee of Barton Heights for $20,000 thirty-year gold 3>*c..M-N, *95.11633*. N o v .l, 1915 3> * ,M N ,8 25,8 9 4 9 2 * WARD­
bonds. The secnri'ies will be issued for improvements. They 3>»k .M N ,*l5 0,00 0 *.N n v. 1,1914 S '* * .,M -NT.8ax2 0 ,5 1 8 8 8 * .N o v . l , 1 9 1 7
will be dated December 1, 1896, and hear interest at the rate
3>ag, M N, 8 1 ,3 0 4 ,7 2 3 43g„
Nov. 1,1910
N ov. 1 ,1 9 1 5
of 6 per cent, payable semi-annually on June 1 and Decem­ 3 4E*..astMRN.iv r*25.000*.
r B alboa­
s '**.. M N, *45,000* .Nov. 1.1917
ber 1 at the First National Bank of Richmond. Va.
A O . * 4 1 9 ,5 0 0 * .
1 ,1 9 1 5
The bonds issued for the paymeot of the State taxes for the
Further inform ation regarding this bond issue wilt be found
support of the insane are exempt from all taxation, and those
in the official advertisement elsewhere in this Departm ent.
issued for additional water supply are exempt from taxation
B iloxi, Miss.— B ond Offering.—Proposals are now being for city and county purposes.
received by H. J. Meaut, City Clerk, for the purchase of $3,- North Tonawands, N. Y.— B orvD Unsold.— S o bids were
000 of 5 per cent bonds of the city of Biloxi.
received on July 27, when $125,000 of village water bonds
Bryan. O h io — B ond Election.—The citizens of Bryan have were offered for sale. The rate of interest will be increased
voted in favor of issuing $15,000 of bonds for an electric-light froip 3t£ to 4 per cent. Interest will be payable semi-annu­
plant.
ally on April 1 and October 1 at the Chase National Bank of
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T H E

2 3 8

New York City. Either coupon or registered bonds will be
issued. They will bear date of August 1, 1896, and will ma­
ture August 1, 1926.
. .._. »-0.
The bonded debt of the village at the present tune is S o i l
600, and this amount includes $275,000 of water bonds and
*85,600 of local street paving bonds. North Tonawanda s as­
sessed valuation for 1896 is $4,850,000.
Norwood, O hio.- Bond O f f e r in g . -BropoBtdB will be re­
ceived until August 10, 1896, by W. E. Wichgar, Village
Clerk, 817 Walnut Street, Cincinnati, Ohio, for the purchase
of $36,892 of sewer bonds.
Orange, N. J . — B o n d S a le .— Four and one-half per c e n t
sewer bonds of Orange, N. J., to the amount of $l-o,000
have been awarded to the Sinking Fund Commissioners of
Essex County at 100-51. Interest on the loan will be payable
semi-annually, and the principal will mature at the rate of
$20,000 vearly from 1915 to 1918, both inclusive, and $15,000
yearly from 1919 to 1921 both inclusive.
Oxford Union Free School District No. 1, N. Y,—B ojwIs
U n s o ld , —No bids were received on Aug. 5, 1896, when $20,000 of 4 per cent bonds of this district were offered for sale.
The securities will mature at the rate of $2,000 yearly, begin­
ning Oct. 1. 1898, and interest will be payable semi-annually,
April and October first, at the first National Bank of Oxford,
in New York exchange. The bonds will be registered and
transfer of ownership must be made on the books of the dis­
trict. The assessed valuation of the district is $796,000. The
district comprises, practically, the village of Oxford. There
is no indebtedness on the county, town, village or school dis­
trict, except $10,000 of town bonds, which will be paid off
Feb. 1, 1897. These are the last of $200,000 of 7 per cent
bonds issued by the town in aid of the construction of the
New York Ontario & Western Railroad, and paid by the town
in annual instalments of $10,000 each. The assessed valuation
of the town, which includes the village, is $1,719,575.
Palnesville, O.— B o n d s W it h d r a w n . — V i l l a g e Clerk E. D.
Hartwell reports, under date of July 31, that owing to an
error in the ordinance authorizing $150,000 of 5 per cent wa­
ter-works bonds, which were offered for sale on August 1, the
securities have been withdrawn from the market. They
will probably not be re-advertised for a month or more. The
loan, as authorized, was dated August and payable at the rate
of $2,500 semi-annually from May 1, 1897, to November 1,
1926, making the life of the last bond thirty years and three
months, which is three months longer than the statutory
limit.
Parker School District, S. D.—B o n d S a le . —This school
district has sold $2,000 of 6 per cent 10-20 year bonds to
Messrs. J. D. Cleghorn & C o . of Minneapolis, Minn.
St. Clairsville, Ohio.—B o n d E l e c t i o n . — O n July 25,1896,
the people of St. Clairsville voted on issuing $5,000 of bonds
for the purpose of improving the electric-light plant.
Taunton, Mais.—B o n d S a le . —This city has sold $15,000 of
4 per cent 10-year highway bonds at 101-097 and $16,500 of 4
per cent 20-year school-house bonds at 102-827, to R. L, Dav
& Co.
Trenton School District, No. 2, N. Y. — B o n d O ffe r in g .—
Proposals will be received at 2 o’clock p. m., August 15, 1896,
by F. H. Thompson, President of the Board of Education, at
the Clarendon Hotel, Holland Patent, N. Y., for the purchase
of $4,500 of 5 per cent school building bonds. The securities
are to be issued in denominations of $500 each. Interest will
be payable annually at the Bank of Holland Patent, N. Y.,
ana the principal will mature at the rate of $500 yearly, com­
mencing October 1, 1897.
Williamsburg, Va.— B o n d O f f e r in g . —Proposals will be re­
ceived until 6 P. m . August 15 by Mayor J. L. Mercer for $3,4500 of 6 per cent bonds, to mature part yearly in from one to
five years.
S T A T E

A N D

C IT Y

D E B T

[V o l . L X III.

C H R O N I C L E .

C H A N G E S .

W e subjoin reports as to municipal debts received since
the last publication of our Sta te and Ci t y Supplement .
8ome of these reports are wholly new and others cover items
of information additional to those given in the Supplem ent
and of interest to investors.

Long Island City, N. Y.—P. J. Gleason, Mayor. Below is
a statement concerning the finances of Long Island City
corrected to August 1, 1896, by means of a special report to
the C h r o n i c l e from Lucien Knapp, City Treasurer. The
assessed valuation for 1898, placed by the Board of Assessors
at about $37,000,000, will probably be tested in the courts.
This city is in Queens County.
LOANS—
.— Interest.— , ,------------ P rin cip a l.-------------.
NAME AND PURPOSE

Rate. Payable.

When Hue.
Outstand'g.
Fob. 1,1897-1901) $81,500
$20,000 yearly, j
Feb. 1,1908-1911)
&
64.000
$16,000 yearly. (
1,1913-1919) 112.500
& A * Feb.
P art each year. S
& A
Feb. 1, 1920
16.000
& 8 * S ept.l,1897-1904) 150.000
$20,000 yearly. 5
Oct. 1,1911-1914 j
&
47.000
° \ P art eaehyear. J
Sept.1,1918-1919)
&
37.500
$15,000 each ye’ r S
37.500
& 8
45.000
Sept. 1, 1920
21.500
& JN
May 1, 1920
18.500
19.000
20.000
& 8
Sept. 1, 1902
35.000
4,000
& J
66.000
& J July 1,1918-1921
220.000
& S
1912
& 8
122,000
1912
16,000
& 1)
June 1, 1909
112,000
& o
1913
15.000
69.000
& O
Apr. 1, 1899
34.000
& N
M ay 1, 1899
145.500
& S
Sept. 1, 1899
44.000
& 8
Sept. 1, 1905
31.500
& 8
Sept. 1, 1906
50.000
& 8
Sept. 1, 1909
22.000
Sept. 1, 1914
& 8
1915 to 1921 ) 364.500
& s| $50,000
due y ’rly j
394.000
69.500
51.000
& N
May, 1911
Nov.1,’98—1902 )
407.500
& n J
$81,500 due y’ly 5
& N
115.000
March 1, 1913
& N
6.500
M ay 1, 1897
<& N
39.000
M ay 1, 1898
106.500
1903
& N
9.500
Nov. 1, 1899
80.000
& J
July 1, 1902
50.000
& 1)
18.000
Dec. 1, 1899
& N
77.000
M ay 1, 1910
50.000
1903
50.000
10.000
Apr. 1, 1904
& o
28.500
June 1, 1900
& D
& 8
50.000
Sept. 1, 1901
& a
50.000
1905

7

F &

7

F

do
........ 6
do
....... 4
do
do
W ater loan (funded)......... 7

F
F
M

Newtown funded deht......
do

do

(refu nded)........

(refu n ded)___

do
—
do
do
—
do
do
1890
do
............. 1890
do
do
............. 1895
do
Fire department bonds—
do
—
do
Survey and map bonds. ..r
do
(refunded)
Public school bon d s.........
do
.........
do
Engine house bonds, 1889.
Funded debt bonds..........
Station-house bonds.........
Gen. irnprov. bonds...1894
do
...1894
do
do
do
...1894
do
...1894
do
do
...1894
do
do
...1894
do
do
...1894
do
do
...1895
do
do
do
...........
do
do
...........
Street improvem’t bonds..
do
do
1893
do
do
1893
Revenue bonds*........1887
do
....... 1888
..1883
do
....... 1889
....... 1892
do
....... 1895
do
do (refunded) '89
do
do
’90
do
do
’93
do
do
’94
do
’94
do
do
’ 90
do
do
do
’ 91
do
’95
do

6

A

5

M

5
M
4
3b> M
3*2

7
4*2
7
5
4*2
4*2
5
4*2
5
4*2
4*2
4*2
4*2
4*2
4*2
4*2
4*2
4*2
4*0
4*2
4*2
4*2
5
5
5
4*2
4*2
44
4
4*2
4*2
4*2
4
5
4>fl

M
J
J
M

M
J

A

A
M
M
M
M
M
M
M
M
M
M
M
M
M
J
j

M

A
j

M
M

si

(r) The 7 per cent survey and map bonds are registered and all held
by savings banks. A ll other issues are coupon bonds.
(*) The principal and interest o f the revenue bonds are payable from '
the outstanding taxes and water rents
P A R V A L U E .—Bonds are in $1,000 and $500 pieces.
IN T E R E S T Is payable at the Queens County Bank o f Long Island City ■
T O T A L D E B T, S IN K IN G FU ND S, E TC .-The subjoined statem ent
shows Long Island City’s total bonded deht and the sinking fund held by
the oity against the same on each o f the dates indicated.
Aug. 1 ,’96. Jan. 1 ,’96. Jan. 1,’95. Jan. 1,94.
Total bonded deht----$3,683,500 $3,691,500 $3,033,500 $2,347,500
500,000
...........
46,295
Sinking fund, etc........................
N et debt............................... $3,191,500
........... $2,301,205
Water debt (included ab ove)...
...........
$373,500
$360,000
The sinking fund receives yearly no stated amount, hut whatever
money is received by the Treasurer and not otherwise appropriated.
W A T E R W O R K S .—The water works owned by the city are self-sus­
taining.
ASSESSED 1 V A L U A T IO N .—The city’s assessed valuation and tax
rate have been as follo w s:
Personal
Total Assessed Rate o f Tax
Years—
Real Estate.
Property.
Vahiation. per $1,000
1896...... ............................
...........
$37,000,000
........
1894...................................
...........
16,717,677
........
1893...................................
...........
16,034,892
$36*00
1892...............$15,373,722
$188,900
15,562,622
........
1891............... 15,330,362
194,900
15,525,262
24*40
1890............... 9,856,187
200,400
10,056,587
45*30
100,500
7,301,587
........
1880............... 7,201,087
P O P U L A T IO N —In 1890 population was 30,506; in 1880 it w as

Golaid County, Tex.—The following statement has been 17,129. State census 1892, 35,745. The population in 1895, according
corrected to April 12, 1896, by means of a special report to the to local estimate, was 40,000.
Chkonicle from Emil Bergman, County Treasurer.
Westbrook, Me.—William W. Cutter, Mayor. The follow
County seat is Golaid.
ing statement regarding the financial condition of Westbrook
LOANS—
When Due. Total debt Apr. 12, *96.. $99,683 is corrected to March 10, 1896, by means of a special report to
BtinxiE B onds —
T ax valuation, real....... 2,549,913
6s, Apr. 10. .$11,000.Apr. 10,1907 T ax valuation, personal. 511,534 the C h r o n i c l e from A. B. Winslow, Treasurer.
68, Apr, 10,
4,190. Apr. 10, 1910 Total valuation 1896___3,061,447
Westbrook is in Cumberland County.
6s, Apr. 10,
7.305 Apr. 10.1911 Assessment about Hi actual value.
6a. Apr. 10.
9,000. Apr. 10, 1912 Total tax (per $1,000)........$10-30
LOANS—
When I>ue. Floating debt, notes...... $30,200

Oo p e t H ouse B onds—
6 s ,....... *67,889.................... 1934

Population iu 1890 was........5,910
Population in 1880 was........5,832
Population in 1896 (est.)....6,500
IN T E R E S T on the Court House bonds Is payable at Austin, Tex.,
and at the Importers’ & Traders’ National Bank, New Y ork C ity oii
the bridge bonds at Austin.

OPTIONAL.—All bridge bonds are subject to call at the option o f
the oounty; t“ e Court House bonds until Jan. 10, 1899.

C it y B ond s—
Total debt Mar. 10, ’96.. 154,600
3348, var., $14,000...1896 to 1900 T a x valuation, real....... 2,442,940
4s, var.. 50.400.. .1895 to 1902 T ax valuation, personal.1,017,983
R e fu n d in g B onds Total valuation 1895__ 3,460,923
48, J&D, $15,000....Dec. 10, 1905 Assessment is abt. 65% actual val.
4s, A&O, 20,000....April,
1907 Total tax rate (per $1,000).$21 00
4s, J&J. 25,000....Jan. 1,1915 Population in 1890 was........6,632
Bonded deht Mar. 10,’96.$124,400 Population in 1896 (est.)...... 8,000
IN T E R E S T on the refunding bonds o f 1907 and 1915 is payable in
Boston, Mass.; on all other bonds at Portland, Me.

A

T H E

8, 1 8 9 6 ,]

cocst

EransTtlle. Ind.— A . C. Hawkins, Mayor. The following
statement h a s been c o r r e c t e d t o A u g u s t 1, 1896, by m e a n s of
a special r e p o r t t o the C
f r o m Simeon J a s e p h , City
Comptroller.
Evansville is the county seat of Vanderburgh County.
h r o n ic l e

-In te re s t— .
P . C t. P a y a b le .

LOANSNAM E

ANO

PURPOSE.

J
S e rie s A ............................................. 5
D o . B .............................................. 4>s J
J
D o . C .............................................. 4
J
W a te r b o n d * .................................. 6
J
CSty S c h o o l b o n d * ......................... 5
7
O l a b o n d ed d e b t ................
do
do
......................
6
..
R a ilr o a d A id B o n d s ................
O n th e " o ld b o n d e d d e b t " in te r e s t Is
w i ll e x c h a n g e th e s e c u r itie s , u n d e r th e

& J
* J
A J
A J
A D

Prin cipal.-------->ulMtan<Pg.
tr * e » D u e .
$648.o<fo
Jan . 1 ,1 9 1 2
326.000
Jan. 1, 1912
6 9 -t,000
J u ly 1 . 1 9 1 2
400.000
J u ly 1 ,1 9 1 2
50.000
J u n e 1, 1 3 9 7

1,000

36.000
15.0 0 0
n o t p r o v id e d fo r , b u t th e c it y
V e n n e r s e ttle m e n t, lo r bon d * o f

e e rie * A a n d B .
I N T E R E S T on th e s c h o o l b o n d s is p a y a b le b y th e F a r m e r s ' L o a n St
T r u s t C o ., N e w Y o r k , a n d on s e rie s A , B , C a n d w a t e r b o n d s a t th e
o ffic e o f W ln » lo w . L a n ie r A C o ., N e w Y o rk .
T O T A L D E B T , E T C .— T b o to t a l b o n d e d d e b t
8 2 ,11 8 .0 0 0 , I n clu d in g w a te r d e b t o f 8400.000. I n
Is o u ts ta n d in g an o ld b o n d ed d e b t o f 8 37,0 0 0 a n d
th e a m o u n t o f 8 15 .0 0 0 . T h e c i t y h a s n o flo a tin g
fu n d .

A u g u s t 1 ,1 8 9 6 . w a s
a d d itio n to th is th e re
r a ilro a d -a id b o n d s to
d e b t a n d no s in k in g

A S S E S S E D V A L U A T I O N (to ta l) In 1 8 9 6 w a s 8 26.70 0 ,0 0 0 a n d tb o
c i t y t a x r a t e (p e r 8 1.0 0 0) w a s $ 1 4 -0 0 ; in 1 6 9 5 th e a s s e s s e d v a lu a tio n
o f re a l e s t s t e w a s $ 1 8 ,5 5 9 ,0 2 0 ; p e rs o n a l p r o p e r t y , $ 7 ,1 9 3 ,0 3 0 ; to t a l.
# 2 5 ,7 5 2 .0 5 0 ; to t a l t a x r » te (p e r $ 1,0 0 0 ). #27-80. In 1 8 8 7 th e to t a l
v a lu a t io n w a s $ 1 6 ,1 9 8 ,2 3 5 ; c i t y t a x , $ 16 -60 . In 18 8 0 th e t o t a l v a lu a ­
t io n w a s 8 1 7 .3 0 7 ,7 2 5 .
T A X -R E C E IV A B L E C O U P O N S .- A U
b o n d s c a r r y ta x - r e c e iv a b le co u p o n s.

P O P U L A T I O N .— T h e p o p u la tio n in 18 9 0 w a s 5 0 ,7 5 6 ; In 18 8 0 w a s
2 9 ,2 8 0 ; In 1 8 9 5 (estim a ted ) 65,000.

Peoria, III.—Wm. M. Allen, Mayor. The followiog state­
ment is corrected to August 1, 1896, by means of a special
report to the C h b o n i c l i from J. Heim, Comptroller.
Peoria la in Peoria County.

SEW ER

Terre Haute, Ind.—F r e d A. Ross, Mayor. The f o l l o w i n g
statement has b e e n c o r r e c t e d t o August 1, 1896, b y m e a n s o f
a special r e p o r t t o t h e C h r o n i c l e f r o m Charles Balch, C ity Treasurer. *

Terre Haute ia tbe county seat of Vigo County.

LO AN S—
When Due.
F u n d i n g B o n d s (1 8 9 0 -1S 8 5 i —

Q

enkkal

F u n d B on d s—

5*. MAN, #10,000...... Nov. 2. 1896
8 1 * r.K FUND B o n d s —

5s. MAN. #35.000...... Nov. 2. 1806
S t r e e t Inu -k o v k h e x t B o n d s —

6s. var.. $136,963.........t,0 yearly
Street B

y.

B on d s—

L E V E E

LO A N .

A s

D IS T R IC T

Booled proposal# will be received until *30 o'clock
C L A M K g IiA f.fi, M ia a ., J u ly f T l b . I W .
m . on August 84, IMM, for tw enty-tw o bonds o f
Sealed bids will ba rcentred at tba office o f tba
th e Bornugh o f Tendon o f P is e Hundred Dollars undarelgnad at tbl# place until Tbureday noon,
uach. with interest at a rata to ba ipeclfied In th e October 1st. 1 * 6 , for tb a purchaa* o f Th ree H un­
bid. claar o f all U xe». p ayable semi annually In the dred and Tw en ty o re Thousand Dollars |319,000)
CUy o f Philadelphia, tb a principal thereof to ba o f tb a funding bonds o f tba Board o f L ev ee Com­
peyable a# follow#, to w i t : - tb a principal o f ooa o f m issioners fo r tb a V asoo-Mlaaleelppi I>elta I-area
•aid bond# to ba payabia a t tb a sxptreUon o f aach District, aald bond# to ba o f tb a denomination o f
third yaar. during a period o f tw alva yaare after tba r iv e Hundred D Hart (1900) each, due th irty year*
data o f aald bonds, and tb a ptflatdpal o f ona o f aald from October 1st.
but subject to call after
bonds to ba p ayabia at tb a exptrwttou o f each year tw enty years from data, said bonds carrying mudH
afte r said first tw elve years during a fu rth er pariod annual coupons at tba rata o f four par cant par
o f etghtaan ysarsL T b a pro oasi s o f tba sala o f annum, payable on tba first days o f April and Octo­
t haw bonds are to ba uead axe!astral? in tb a ono- ber o f each year. Paid bonds are authorised under
•traction o f a sawar syatam for tba Borough o f an A ct o f tb a I^ g lsla tg ra o f Mississippi approved
Tandon
March 19th. 1AM. No bid will ba considered which
T b a total saacasad valuation o f taxable proparty Is made for lass than par sod accrued Interest.
n tba Bormigb Is about •M .OdO; tb a present in ­
In fo r m a t io n w ill b e fu rn is h e d o n a p p lic a tio n to
debted nee* o f tba Borough before tb a Issuing o f ui.’ ■BiBgfiMM.
6. ft. PAGE,
said bonds is Ift/wo ®- T b a total indebtedness o f
Secretary and Treasurer.
tba Borough, including said bonds, will ba 917.040 *u.
T b a present tax rata In tbe Borough for ISM. in­
cluding Borough. erboM and County, is IS mills.
Address or deliver all proposals to
Dominion and Provincial Government Bond*
A L B E R T MOORE. Eng..
Secretary o f Connells. Taadon. Pa.
Municipal and Street R ailw ay Bond*

Bonds. J AS. A M E LD R U M &.CO,

C IT IE S _

.Medicine Lodge, C o ld w a fer.
.Meade ren t re. If u goto n .R lrb .
field. I
“ nnm Fe, Anthony f Icy,
f'o o lld g e. ‘* j r s c i * e , ( Imnrron. L ri'p n «b org,
I’ r o i i it . K i ugMMB* E lU w n rtb. L e o tl.
Aleo leaks and Ouray Count lea, Colorado, and
Santa Pa. fian*MigueJ and Valencia Counties. New
Mexico.

JO H N
A.
150 ftro n d trn y ,
-

SLY,
.»»/• York.

B e n w e l l
&
E v e r it t ,
Hek.rm erhorn B a lld ln c .
« W A L L ST,
M CRI C tP A L ISSUES IN T O R 8TATRH OF
& N EW JER SE
A SP E C IA L T Y

NEW YO RK

Y

, 0

0

0

6k G O LD

BO ND S

BAETON

HEIGHTS, VA.

Sealed bids will ba received by tb a Finance Com­
m ittee o f tba town o f Barton H eight*. Va., until 12
o'clock noon September iat. HUM, for Tw en ty T h ou ­
sand D ollars th irty-year Gold Bonds dated D ecem ­
ber 1st. IflPC, bearing fl per cent Interest. Bonds and
Interest payabia at tba First N ational Bank o f
Richmond. V a.
In tercet payable sem i-annually
June and December. T o be known as ** Im prove­
ment Houds o f tbo Tow n o f Barton H eights."
A uthorised by an A ct o f the Legislature and Incor­
porated la tb e town charter and approved January
90. UlOfi. A ll prorosals m ust be endorsed " Proposal
fo r Bonds " and addreaaed to
FIN A N C E COM M ITTEE.
B a rt o n U e lg b t a . V a .

BONDS.

Bought and Sold.

C O U N T I E S — » « ” "« e b v , M eade. S *w ard, S iryrn #,
M arion.
Blanton. G rant,
G ra y, K l # « n ,
P ratt, W a lla ce . V e i l . Itu «b.

3 0 -Y E A R

LOANS.

T O W N OF

BO ND S.

C A N A D IA N

N EW
9 8 0

p.

WANTED.
Defaulted Kansas

*

A s s e s s m e n t Is >3 a c tu a l v a lu e .
S t a t e A Co. t a x (p er $1,0 00 ) $ 1 1-4 0
C it y t a x (p er $ 1,0 0 0 ).............. 12-4 0
P o p u la tio n In 18 9 0 w a s ........ 3 0 ,2 1 7
P o p u la tio n In 18 8 0 w a s .........26,0 42
P o p u la tio n In 1 8 9 6 (e a t.). .40,000

6s. var.. #30,375.......... t j , yearly

0 3 2 5 , 0 0 0

B O R O U G H

I n te re s t p a y a b le in N e w Y o t k .
B o n d e d d e b t A u g . 1, '9 6 . $380,000

4>*», JAJ. #182.000...... 1897 1900 T a x v a lu a tio n , r e a l........1 4 ,2 3 8 ,5 3 5
i#l 4.000 dne yearly.)
T a x v a lu a tio n , p e rs o n a l 6 ,0 0 5 ,9 7 5
4s, MAN. $123,000 ...M a y 1. 1915 T o ta l v a lu a tio n 1 9 9 5 .. .2 0 ,2 4 4 ,5 10

N E W LOANS

1 , 0 0 0

Y E A D O N

LO AN S—
W u n D ue. I
LOANS—
WA‘« D u e
B o u n ty B on d s—
Sp e c ia l A s s e s s m e n t B o n d s—
4 V i , M A S . $ 2 1 ,0 0 0 ..M e h . 1 , 19 0 2 6 s .......... $-120,000.............. 1 8 9 6 -19 0 1
S u b je c t to c a ll a f t e r 190 0 .
4*9*, M A S, 2 1 ,0 0 0 .. M oh. 1 , 19 0 3
St r e e t i n d S e w e r B o n d s —
P e o r ia A R o c k . Is. R R . B o n d s —
.......... $ 3 9 7 ,8 6 4 ............... ...................
41*», J A J , $ 100,01 K t . J u ly 1 , 190 8
W a t e r w o r k s B onds—
Sc h o o l B on d s—
7 s . J A D . $ 2 0 .0 0 0 .-J u n e 1 . 18 9 3 7 s , M A N . $50,000 . M a y 1 5 , 13 9 9
413s. M A N ,
8,000. M a y 1 , 190 3 5 * . M A N , 5 0 ,0 0 0 ..M a y 1 5 , 1 9 0 1
4»*s, J A D , 1 0 .5 0 0 .. J o n e 1 . 1 9 1 0 4 V * . J A D , 1 9 5 .0 0 0 - .J im e 1 , 190 8
4a, M A S , 3 9 ,O O O ..Sept. 1 , 19 0 7
I N T E R E S T — I n te r e s t on th e b o n d s Is p a y a b le in N e w Y o r k a t M e r­
c h a n ts ' E x c h a n g e N a tio n a l B a n k .
T O T A L D E B T E T C . —T h e c i t y 's b o n d e d d e b t o n A u g u s t 1 , 1 8 9 6 ,
w a s $ 5 14 ,5 0 0 , o f w h ic h $ 29 5,0 0 0 w a s w a te r d e b t ; flo a tin g d e b t, $ 25,0 00 ; to ta l d e b t, $ 5 39 ,50 0 . T h e s p e o ia l a s s e s s m e u t a n d s t r e e t a n d
s e w e r b o n d s In tb e ta b le a r e n o t in c lu d e d In th e t o t a l b u n d e d d ebt.
W A T E R W O R K S .— Iu 18 3 9 th e o lty 's w a t e r w o r k s w e r e s o ld to th e
P e o ria W a te r C o m p a n y o n th e a g r e e m e n t t h a t th e y s h o u ld b e e n la r g e d
an d Im p ro ve d . T h e c i t y r e ta in s th e r ig h t t o re -p u re b a s e th e p r o p e r t y
a ft e r a c e r ta in tim e , a n d o n J a n u a r y 1 , 1 8 9 4 , h e ld $ 450 ,0 0 0 s e c u r itie s
a g a in s t th e o u ts ta n d in g w a t e r d e b t.
A S S E S S E D V A L U A T I O N .— In 1 8 9 6 tb e a s s e s s e d v a lu a t io n o f r e a
estate w a s # 7 ,7 5 0 ,1 7 4 ; o f p e r s o n a l p r o p e r t y . $ 1 ,6 5 0 ,3 1 0 ; t o t a l
$ 9,40 0 ,484. P r o p e r t y is a s s e s s e d a t o n e -q u a rte r it s a c tu a l v a lu e . T o t a
t a x r a t e (p e r $ 1,0 0 0 ) #90-70.
P O P U L A T I O N .— T h e p o p u la tio n In 18 9 0 w a s 4 1 ,0 2 4 ; In 18 3 0
w a s 2 9 .2 5 9 ; in 18 9 6 (e s tim a te d ) 6 3,000.

Issu e s o f E v a n s v ill e c i t y

N E W LOANS.

2 3 9

C H R O N IC L E .

C A N A D A L I F E B U IL D IN G ,
T O R O N T O , O N T.

W e own and can offer, subject to prior
sale, a variety o f short-time bonds and
city notes issued by some o f our best
known municipalities. These bonds ami
notes furnish temj)orary investments of
the highest standing. Send for details,
and for our list o f investment bonds.

CORBIES*I'<»NT>ENCE SO LIC ITED .
N. B.—Investor# ii*virtnt first <-!«•« secu rity for
tbalr m oney cannot do batter than purchase Cana­

E. H . R O L L IN S

&

SO N S,

33 S T A T E S T .. BO STO N. M A S S .

dian Bond*. No • urreney trouble to fear, and all
bonds are practically p ayable In gold.___________

W .

N .

C o le r &

C o .,

K t.V K E B I ,

S A F E

IN V E S T M E N T S .

SKY I) F O R L IS T

M U N I C I P A L

B O N D S.

34 N A S S A U S T R E E T .

City and C ounty

Bonds.

D IE T Z , D E N IS O N & P R IO R ,
35
CONGREHH H T R K K T , - BO STO N.
109 S u p erior S treet, C levelan d , O.

T H E

2 4 0

fVoL. LXII1

C H R O N IC L E .

Yonkers, N. Y.—The following statement has been cor­
L» Crosse, Wis.—D. Frank Powell, Mayor. Below is a
statement of the finances of La Crosse corrected to July 1, rected to May 2, 1896, by means of a special report to the
1896, by m eans of a special report to the C h r o n i c l e from John C h r o n i c l e from Charles F. Hulbert, Deputy City Clerk.
Yonkers is in Westchester County.
M. Vrchota, City Clerk.
LOANS—
When Due.
LO AN S—
When Due.
La Crosse is in La Crosse County.
P ub . B uild ’g and D ock—(Con.)
A s s e ss m e n t B o n d s LOAN SB

School B onds—(Oont.)

W hen D u e.

5s, MAN, $20,000......May 1,1915
Optional after May 1,1905.

B onds—

r id g e

6s, Oct., $70.000...... Oct. 1, 1900
Optional after OoL 1, 1899
5s, J&J, $88,000....... Jan. 15,1910
Optional after Jan. 15,1900
C it

y

H

all

Sewek

B r id g e B o n d s -

48, A&O, $3,000......... Apr. 1,1897

5s, J&J, $60,000...... July 1,1915
Optional after July 1,1905

78, A&O, $120,000....A p r. 1,1897 ,.s, A&O, $80,000...........1897-1912
($5,000 due yearly on Apr. 1.)
($30,000 due y ’rly) to Apr. 1, 1900
7s. A&O, $70,000 ... Apr. 1, 1901-2 4s........ $210.000.Apr.l,1913to’55

Sewer , Water & School B’ds—

B onds—

bonds

Water Bonds—

4s, A&O, 10,000. ..Apr. 1,1900-1
4s,
, 100,000----1902 to 1911
($10,000 due yearly.)
R e d e m pt io n B onds 58........ $39,000.......Feb. 1,1897
4 s ,...., 45,000.......Feb. 1,1898-9

58, J&J, $10,000.......O ct 1,1916
Optional after Oct. 1,1906

6s, MAS, $40,000......Mar. 16,1911
Optional after Mar. 16,1901
Sc h o o l

and

68, F&A, $10,000......Feb. 1,’97-98
58, M&S, 10.000....... Feb. 1,1897
4s........ . 175,500....... Feb. 1,1897
4s........ , 155,500........ Feb. 1,1898

W ater B onds-

—

5s, J&J, $15,000....... N o t . 15,1903 58, J&J, $10,000...... Sept. 1,1904
Optional at any time.
Optional at any time.
6s, A&O, $17,000......OoL .1,1907 5s, J&J, $20,000......Dec. 31,1907
Optional after Dec. 31,1897
Optional after Oct. 1, 1897
5s, J&r>. $18,000......Juno 15,1911 5s, J&D, $25,000... .Dec. 1,1911
Optional ufter Dec. 1,1901
Optional after June 15,1901
..8.......$10,000.........June 1,1912 5s........ $25,000...... Dec. 30,1912
Optional after Dec. 30,1902
Optional after June 1,1902
5s. . ... #20,000....... Juno 1,1913 5s, J&u, $75,000....June 1,1915
Optional after June 1,1905
Optional after June 1,1903
5s.......$12,500.........May 1,1914 3s, J&J. $22,000......July 15, 1916
Optional after July 15,1899
Optional after M ay 1,1904
IN T E R E S T on all recent Issues la paid In La Crosso; on the water 5s
(due 1915) in New York at State Trust Company.

School B uilding—

Co n s o l id a t io n B o n d s -

C r e m a t o r y B o nd s -

48, A&O, $8,500..........1897-1905
($1,000 duo yearly on Apr. 1.)

Street I mprovement—

..8,....... $50,000............ 1897-1901
($10,000 due yearly.)

Street R epairs—

D e f ic ie n c y B o n d s —

..8, .. ....$10,000... ...... 1897-1898
($5,000 due yearly.)
F ir e D e p a r t m e n t T a x R e l ie f —
48, A&O, $25,000.Apr. 1, ’97to ’01
4s,
......
$100,000.. ...M a y 1, 1897
P a v in g B o n d s 43....... $55,764. .Mar, 1, ’97 to ’05 4s, ....., 45,000......Apr. 1, 189S
100,000......M ay 1, 1898
4s........ 100,000.. Mar. 1, ’97 to ’06 4s, ..
W ater W orks—
4 s ,...... 282,558.-Apr. 1. ’97 t o ’25
7s, .., $625,000.Apr. 1,1903t o ’ 14
P u b l ic B a t h B o nd s 48........ . $20,000.1900,’05,’ 10,’ 15 5 s ,.., 30,000. Apr. 1,1909 to ’ 12
4 s ,.., 675,000.Apr, 1 ,1912to ’22
($5,000 each payment.)
3^8, .., £0,000.Apr. 1,1917
P u b l ic B u il d in g a n d D o c k 68, A&O, $13,000. . .Apr. 1,1897-9
T O T A L D EBT, ETC.—The total bonded debt on July 1, 1896,
P AR V A L U E O F BO ND S.—The consolidation and w ater bonds
■was $554,500; sinking fund, $102,90S; net debt $451,532. The are for $1,000 each.
city has no floating debt. The lim it o f indebtedness prescribed by tlie
IN T E R E S T Is paid at City Treasury.
Constitution o f the State of Wisconsin is 5 per cent o f the total valuaBONDED D E B T, Etc .—The bonded debt of Die city on May 2,1896,
ion, or $612,919 60, leaving a margin o f $161,388 12.
was $3,229,323; W ater Board sinking fund, $186,270.
C IT Y P R O P E R T Y .—The city owns its water works, which prior to
ASSESSED V A L U A T IO N in 1896 o f real estate was $9,660,381;
December 1,1893, had cost it $1,154,417 48.
public property, $84,650; jiersonal property, $2,513,362; total,
D E B T L IM IT A T IO N .—The city’s debt is limited b y la w t o lO p e r
$12,258,393; In 1895 of real estate was $9,655,329; personal prop­ cent of tbe assessed valuation o ' real estate.
erty, $2,581,354; total, $12,236,683; total tax rate (per $1,000), $22-50.
ASSESSED V A L U A T IO N .—Tbe city’ s assessed valuation and tax
In 1891 real estate was $8,869,402; personal property, $1,981,747; rate bave been as fo llo w s :
Average
total, $10,851,149. Property Is assessed at 70 per cent of its actual
P ers on a l
T o ta l Assessed R a te o f T a x
value.
Y ea rs—
I l e a l E sta te .
P r o p e r ly .
V a lu a t io n , p e r $1,000.
$28,622,800
..............
P O P U L A T IO N .—The population in 1890 was 25,090; in 1880 it 1895............................................................
1894....................$27,145,214
$329,950
27,475,164 ..............
was 14,505. According to State census the population in 1895 was 1891 ................ 24,127,133
605,420
24,732,553 ..............
1890 ................ 22,574,226
398,240
22,972,466 $17’3902
28,760.

N E W LOANS.

4 s ,...... $40,000.Mar. 1,’97 to 1900

N E W LOANS.

NEW LOANS.

C IT Y

M U N ICIPAL
M U N IC IPA L

BO N D S.

N E W

BO N D S

3K

FOR INVESTMENT.

E. C . S T A N W O O D

&

C O .,

BANKERS,

P A R T IC U L A R S ’ UPON

121 D e v o n s h i r e

A P P L IC A T IO N .

S tre e t,

Y O R K
PER

G O L D

C E N T

B O N D S .

DUE NOVEMBER 1st, 1910.
INTEREST PAYA B LE JAN. 1st AND JULY 1st
Executors, Administrators, Guardians and others
holding trust funds are authorized by an act of the
New Y ork Legislature, passed March 14,1889, to in­
vest in these bonds.
PRICE AND PARTICULARS ON APPLICATION

Rudolph Kleybolte & Co.

B O STO N .
MKMBERSJOF TBE)NEW YORK AND.BOSTON
STOCK EXCHANGES.

O F

BANKERS.
_____

C IN C IN N A T I, O .

L IS T S SEN T UPON A P P L I C A T I O N

DEALERS IN COMMERCIAL PAPER,

WHANN&iSCHLESINGER
B la k e

B ro th e rs

&

C o .,

F arso n , L e a c h

M U N IC IPA L

&

C o .,

B O N D S.

2 8 S T A T E S T R E E T , BOSTON.
5 N A SS A U S T ., N E W

YORK"

BONDS.
2 W ALL

De*» Ifoincw, In., School...........................41
llim kegon, .Rich., Funding......................5 a
A«hlnnd, W ig., Funding..........
5*
Burlington, W ih., School........................
Wntwekn, III., School.............................
Rock Rnpidn, In., School........................ 5 ,,
Sherman. T r x u i. Funding....................... (j*
Fondn, In., W a t e r .....................................
FO R SALE B Y
M A S O N ,

L E W IS

&

&

il l s

NEW

B

YORK.

S O L IC IT E D .

Chicago,
115ZDearborn Street),

N e w Y o rk ,
2 W a ll S tre e t.

lanchard,

rban keks.

C .
M U N IC IP A L

H .

W h ite

&

C o .,

B O N D S
BAN KERS,

BOUGHT AND SOLD.

C O .,

BANKERS,
171 L a S a lle St.,
C H IC A G O .

31 S la te St.,
BO STO N.

M

STREET.

CO RRESPO N D ENC E

D evon sh ire (B u ild in g ,

72 B R O A D W A Y . N E W Y O R K .

16 S tate Street, B o s to n , i ass.
BU Y AND S ELL

B lo d g e t,

M e r r itt &

C o .,

W .

J.

H a y es &
b a n k e r s

B A N K E R S ,

S on s,

,

DEALERS IN MUNICIPAL BONDS
16 C o n g r e s s S t r e e t ,

B o s to n .

KTATE (TTY A HAIL ROAD BONDS

Street Railway Bonds, and other high-grade la*
vestments.
BOSTON, MASS.,
C leveln n d, Ohio,
7 Exchange Place.
311-313 S u p erior St
Cable A M r as •• K E N N E TB."

M u n ic ip a l

and

R a ilr o a d

F ir s t

M o 't g a r f e

B onds.

v ..
1STS ON APPLICATION . »
E

T H E

A U G U S T 8, 1896.1

C H R O N IC L E .

T h e t a x r a te in 1 8 9 6 In clu d e s S t a t e t a x , $2-60; c o u n t y t a x , $ 5 20
o it y t a x , $ 2 1-0 0 ; t o t a l, $28-80 p e r $1,0 00 .

P O P U L A T I O N .— I n 18 9 2 tUe p o p u la tio n w a s 3 1 ,4 1 9 ; in 18 9 0 it w a s
3 2 .0 3 3 ; in 18 8 0 it w a s 1 8 ,8 9 2 ; in 1 3 7 0 it w a s 1 3 .3 5 7 ; in 1 8 9 6 (e s ti­
m a te d ) 40,000.

P O P U L A T I O N — I n 1 8 9 5 was 4 3 ,7 6 5 ; in 18 9 0 p o p u la tio n was 37,7 6 4 ; In 18 8 0 It w a a 2 S .2 2 9 ; in 1 8 7 0 it w a s 20 .8 32.

E X P L A N A T O R Y O F B O N O S .— 'The re d e m p tio n b o n d s w e r e is s u e d
f o r p u rc h a se o f la n d s b id in b y th e c i t y a t s a le s o f p r o p e r t y fo r n o n ­
p a y m e n t o f ta x e s an d a s s e s s m e n ts , a n d th e bo n d s a r e to b e p a id o u t o f
m o n e y r e c e iv e d f o r r e d e m p tio n o f la n d s so p n re h a s e d .

N. J.—John C. Rankin, Jr., Mayor. The fol­
lowing statement has been corrected to August 1, 1896, by
means o f a special report to the C H R O N IC L E .
This city got into financial difficulties through making ex­
tensive local improvements. Interest was defaulted February
1,1879, and a compromise was finally effected with the bond­
holders, by which new 4 per cent bonds were issued in ex­
change for the old 7 per cent bonds turned in at 50 per cent of
their face value. The holders of the remaining $1,500 of un­
adjusted bonds are unknown.
Elizabeth is in Union County.

Bay City, Mich.—Hamilton M. Wright, Mayor. Below is
a statement of the finances of Bay City corrected to August
1, 1896, by means of a special report to the C
from
William Keith, Comptroller.
Bay City is in Bay County. The debt was principally in­
curred for water, but the water revenue does not fully meet
the interest on the water bonds. A consolidation with West
Bay City was authorized in 1891.
h r o n ic l e

Elizabeth,

I n t e r e s t .— *
R a te . P a y a b le .

LO AN SNAME AND PURPOSE.
A 'lju s tm e n t h o w ls , 1882
O l a b o n d s un»<ljusted—
S c h o o l b o n d s .......................

/—

-------- P r i n c i p a l . --------- -

.4

J A J July 1. 1922 98*388*880
1„«*»
1 W|
" "
1898 to 1905
113',500

7
' 5

W hen D u e .

LOANSThe» D ue.
C rrr H a l l B o n u s—
5 s, MJcN, $ 2 5 ,0 0 0 .. . . M a y 1 , 190 9
is , J A D , 2 5 ,0 0 0 ....J u n e 1 , 1 9 0 7
4 s, J A I) , 2 5 ,0 0 0 ....J u n e 1 , 1 9 1 2
4 s, J & D , 2 5 ,0 0 0 ... J u n e 1 , 1 9 2 2
ls ,J A J ,
2 5 ,0 0 0 .... J u l y 1 , 1 9 2 5
4 S .J & J ,
25,0 0 0 . . J u ly 1 ,1 9 3 0

B b iik ik Bogus—
5s, M A S , $ 25 ,0 0 0 ........S e p t 1 ,1 9 2 0
4 s ,J A J . 48,000 . . . J u l y 1 . 1904
($12,000 e v e r y liv e y e a rs ) to 1 9 1 9

T h U s t a n d 'g .

LOCAL IMPBOVKMKST Bonds —

5a, F A A . $29 ,50 0 . . . . A u g . 1. 1 9 9 7
5 s. F A A , 2 6 ,5 0 0 .. . . A u g . 1 ,1 8 9 8
5 s , F A A , 1 0 ,0 00. . . . A u g . 1 ,1 8 9 9

I N T E R E S T I* p a id b y th e M e r c a n tile T r u s t C o m p a n y o f N ew Y o r k .
T O T A L D E B T , E t c — T o t a l b o n d e d d e b t A u g u s t 1 , 1 9 9 6 , In clu d in g
u n a d ju s te d bon d s, w a a $ 3,4 53,8 8 0 . B o n d s a r e a ll e x e m p t fro m c i t y ta x .
A S S E S S E D V A L U A T I O N — T h e c i t y ’ s a s s e s s e d v a lu a tio n a n d ta x
r a t e a t d iffe re n t p e rio d s h a v e b een a s f o llo w s ;

----------------Assessed ratnation.
Yean.

B e a t.

P e re o n a t.

1 8 9 6 .....................$ 1 4 ,7 9 6 ,6 5 0
1 8 9 5 ................... 1 4 ,7 1 0 .7 5 0
18 9 4 .................. 14 .5 3 0 ,0 7 3
1 8 9 3 .................. 14 .2 4 8 ,9 5 0
1 8 9 2 ................... 13 ,9 2 3 .2 3 0
1 8 9 1 , . ................ 13 .1 2 8 ,6 5 0
1 8 9 0 .................... 12 .5 8 0 ,9 2 5
1 8 8 9 ................... 1 2 ,0 5 2 ,9 5 0
1 8 8 7 ................... 11,5 2 9 ,6 0 0
1 8 8 0 ................... 1 0 ,7 4 1 .7 2 5

$ 1,79 0 ,3 0 0
2 ,1 1 4 ,8 0 0
1 .0 7 9 ,7 7 5
1 ,7 1 9 ,9 1 8
1 ,0 5 5 ,2 6 1
1 ,6 3 5 ,0 3 6
1 ,4 9 5 ,3 4 4
1 ,3 7 5 ,4 0 2
1 ,7 1 7 .1 4 5
1 ,4 6 0 ,6 9 7

per $

$ 1 6 ,5 7 6 ,9 5 0
1 6 ,9 5 5 .5 5 0
16 .2 0 8 .8 50
15,9 0 9 ,8 6 8
1 5 ,5 7 8 ,5 0 0
1 4 ,7 6 3 ,6 8 6
1 4 ,0 7 0 ,2 6 9
13 ,4 2 9 ,3 5 2
1 2 .2 4 6 .7 4 5
12 ,2 0 8 ,4 2 2

G O L D

BO N D S.

City of Brooklyn 8^ 9,
City of Chicago.4*,
City of Faw tncket 4*.
R. L . D A Y

C O .,!

40 W a t e r S treet, Boston.
7 N r m b b M trw L N ew Y o rk .
$t 1 0 0 , 0 0 0 ]

S T A T E
G o ld

4 s

OF

U T A H

2 0 -Y e a r

B onds.

1,000$28-80
29-80
28 80
29 80
2 9 80
2 9 80
29 80
29-90
26-90
2 1 40

E D W D . C. J O N E S

C O .,

00 B R O A D W A Y .
N EW TO R

tio n a l n a tu r a l a d v a n ta g e s fo r th e
e c o n o m ic a l m in in g a n d m illin g
w it h w a t e r s u ffic ie n t t o fu r n is h
p ow er.
T h e o r e is fr e e m illin g ,
a v e r a g in g $ 8 p e r to n o v e r th e
p la te s a n d c a n
b e m in e d a n d
m i l l e d f o r l e s s t h a n $ 1 .5 0 p e r
to n .
T h e
m in e
has
“ o re
in
s i g h t ” t o th e n e t v a lu e o f m a n y
tim e s th e p r ic e o f th e p r o p e r ty .
T h e t it le t o t h e p r o p e r t y is p e r ­
fe c t a n d fr e e fr o m d e b t a n d a s ­
su res
to
in v e s to r s
la r g e
and

P H IL A D E L P H IA .

M in in * D e p a rtm e n t o f

M U N IC IP A L
B ou gh t and

N

W.

H AR R IS

&

CHICAGO.

BOSTON.

13 W A L L W TR K KT,

LA

M A L I.I

*T R R K T ,

M O R T G A G E

C IIIC A D O

L O A N S

SKW VOKK.

In terest 7 P e r Cent Net,
NO COMMISSIONS ch a n ted borrower or loodet
until toaiu have proven aood.

A.

CO ,

RAN A N T O N IO . T E X A N
A. H A V E S .

H AVE N

&

W R I G H T C. S T O U T

S T O U T ,

B A N K E R S AND B R O K E R S

Jam es N , B ro w n
BANKERS
-J Cedar S treet,
-

&

C o .,

NEW Y O K K .

M UNICIPAL COUNTY, SCHOOL AND
TOWNSHIP BONDS

B O UGHT AND SOLO.
THE WALl7 STREET JOURNAL
valuable Information dally on itocfci and bond*
I* s r e a r
D ow . Jow sa a C o . M B'oad street

L ife

In su ra n ce C o .
IN T i l K C I T Y O P N K W Y O R K .
Th is o ld and reliable Company now ban the exper­
Of f o r t y - « ix y e a n o f practical L i f e Insurance,
which ha« tauaht It th a t th e t i n t 0144 eon o f «ucoosa
la th e adoption o f Mood plan* o f insurance, and th e
pursuit «>f a liberal policy towards both It* Insured
and Its Ajretit*. These essentials It possesses in an
eminent decree. but Judiciously tempered by th a t
conservatism which Is th e beet possible safeiruard o f
th e policy-holder. Its contracts are l neon testa tile
after two rears. T he are uon-furfciU n*, providing
generally for either paid-up poller or extended In­
surance. at tbeoptlon o f th e poller-holder. It itfrei
ten days o f grace In payment or all premiums. Its
course during the past fo rty -a re years abundantly
dem onstrates Its aheotute security.
ie n c e

Active and Successful Agents,tH shiny to rep*
resent this Comtutny, m ay com m u n ica te
xerith the P resid en t, at the Hom e Office,
B r o a d tr a y , tim e Y o r k .

0 V T1CBR8
G F .O K C K I I . R U K P O K I I ..................P r e s id e n t

i E x c h a n g e Court,

NEW Y O K K .

B a y a n d H ell! R a i l r o a d H te c k * a n d B o n
on M a r a i n o r fo r U a e k a t 1 - l t t t b
p e r c e n t C o m m is s io n .
Members o f th e C cn .«olldafdd Rxchsnxe

R. T . Wilson & C o .,
BA N K E R S
33

A N D COMMISSION
W a ll

M tre e t,

N ew

A . W H E E L W R I G H T ..................... A s s i s t a n t S e c r e t a r y
W M . T . H T A N D K N ..................................................... A c t u a r y

K IN A N C R C O M M I T T KE:
G E O . O . W I L L I A M S ..............P r o s t . C h o n . N a t. B a n k
J O H N J. T U C K E R ........................
B u ild e r

K. H. P E R K IN *. JR.. P r e * . Imp. A Traders' NaL B k
J A M L s I I P L U M ................................................Leather

T h e M u tu a l

T E X A S .

UOW ARD

PHILADELPHIA.
-

S ta te s

A R T H U R C. P E R R Y ......................................... Cashier
JOHN P. ML'NN............................... Medical Director

C 0 „

BANKERS

U n ite d

1896.

D E A I.K K 8 IN M U N ICIPAL BONDS.

F R A N C IS S U I T I I

S o ld .

The

t

A. C. F R O S T & CO.,

a n d

B O N D S

I8 6 0 .

___

C. P . F R A L E I G H ............................................ S e c r e ta r y

IN

G O V E R N M E N T

FINA N C IA L.

761

c o n t in u o u s r e tu r n s .
C o rre s p o n d e n c e in v ite d .

ION

onds—

A S S E S S E D V A L U A T I O N .— In 1 8 9 6 th e a s s e s s e d v a lu a tio n (w h ic h
a 70 p e r c e n t o f a c t u a l v a lu e ) o f r e a l e s t a t e w a s $ 8 ,4 6 6 ,5 2 0 ; p e r
so n a l p r o p e r ty . $ 2 ,3 6 5 ,2 8 6 ; t o t a l, $ 1 0 ,8 3 1 ,8 0 6 ; t o t a l t a x r a t e <p e r
$1,0001, $22-83. In 1 9 9 0 th e a s s e s s e d v a lu a tio n o f r e a l e s t a t e w a s
$ 7 ,8 2 7 ,7 7 5 ; o f p e r s o n a l p r o p e r t y , $ 2 ,4 0 7 ,3 3 0 ; t o t a l, $ 1 0 ,2 3 5 ,0 0 5 .
P O P U L A T I O N .— T h e p o p u la tio n In 18 9 0 w a s 2 7 ,8 3 9 ; In 18 8 0
It w a* 2 0 .6 9 3
P o p u la t io n In 18 9 4 , 30 .0 43.

D A T E D JU L Y 1, WOO.

%Zl C H E S T N U T S T R E E T .

B

T O T A L D E B T , E T C .— T o t a l b o n d e d d e b t A u g u s t 1 , 18 9 6 , w a s
$ 6 51,0 0 0 ; s in k in g fu n d a s s e t s , $ 18 ,0 0 0 ; n e t d e b t, $ 0 3 3 ,0 0 0 ; w a t e r
d e b t. In clu d e d In t o t a l d e b t, $36 2,0 0 0 . T h e c i t y 1ms n o flo a tin g d e b t.

W E
O F F E R
A
L A R G E ,
d e v e lo p e d ,
e q u ip p e d
and
p ro ­
d u c in g G o ld M in e , w it h e x c e p ­

L E G A L FO R N E W T O R E S A V IN G S B A N K S .
P R IC K O N A P P L IC A T IO N ,
r o il S A LK BY

aterw o rks

I N T E R E S T S o th e 8 p e r c e n t w a t e r b o n d s Is p a y a b le a t th e C it y
T re a s u ry ; o u a ll o th e r lio n d s a t N e w Y o r k C tty .

N E W LOANS

N E W LOANS.

ITAen D u e .

LO AN S—
W

8s, A AO. $40,000.... Oet. 15,1896
($20,000 due yearly) to 1897
8s, AAO, $18.000....Oct. 15,1898
8s, F A A , 10,000....Feb. 16, 1899
8s, MAS, 80,000....Mar. 1,1900
($20,000 d u e yea’ly to Mar. 1,1903
8s, F A A , $19,000. ...Feb. 16, 1904
8s. FA A, 80,000... Feb. 16. 1905
($10,000 due yea'ly)to Feb.16.1912
8s, AAO, $20,000 . . . A p r 15, 1913
5 s , MAN, 25,000....Mav 1,1906
5»,M A N , 2.5.000....M a y 1,1911
5s, M AN, 12,500. ..M ay 1,1917
5s, MAN, 12,500. ..M ay 1,1918
4s, AAO , 20,000....Oct. 1,1925

T A X F R E E .— A l l b o n d * Issu e d b y th is c i t y a r e e x e m p t fro m t a x a t io n .

■ Bateo/Tax
T o ta t .

2 4 1

M E R C H AN TS
Y o rk.

B e n e fit

L I F E I N S U R A N C E C O .* N E W A R K , N. J .
AMXI DODD, President.
A s s e ts 'M a rk ed V a lu e s ) Jan. 1. inert........... fW .2rtP.lP7
L i a b i l i t i e s ( N . J . . N . Y . a n d M a s s . S t a n d a r d ). M . 18 7 ,7 2 4

S u rp lu s.................................................................. 4.nei,472
POLICIES ABSOLUTE I. T N O N -FO R FE ITA B LE A F TE R
SECOND Y E A R .
I n c a s e o r l a p « « t h e P o lic y is c o n t i n u e d i n
r o i i c r as lo n g as its v a lu e w ill pay f o r ; o r I f prw
fe r r e d a C ash o r P a id -u p P o lic y V a lu e Is a llo w e d .
A ft e r th e seco n d y e a r P o lic ie s a r e iN o o N T r s T A b l i
a n d a il r ts tr U tm n s as to residence, tra vel o r o c c u p y
tio n a re removed
T h e C o m p a n y a g re e s In tb o P o lic y t o L o a n up t e
th e Cash S u rren d er V a lu e w h en a s a tis fa c to r y assign ­
m e n t o f th e P o lic y Is m a d e as c o lla te r a l s ecu rity.
L o s s e s paid Im m e d ia te ly u pon c o m p le tio n and ap~
p ro v a l o f p r o o f * ______________ ___________________ f

C h ro n ic le
S IN C E

V o lu m e s
1800.

A n y o ffic e p ossessin g th e s e r - i u m o j has a t h an d
f o r c o n v e n ie n t r e fe r e n c e a c o m p le te an d reltAbld
fin a n cia l h is to ry of t h e p e rio d . P a r tie s h s v t a a t h #
m o re re c e n t v o lu m e s enn o b ta in fr o m th e p u h lls h o rt
m o s t o f th e e a r lie r v o lu m e s , o r c o m p le te s e t t can b e
fu rn ish ed .

T H E

V

C H R O N I C L E

o l.

LX 11L

2 4 2

. Jfovcclosuvc .^ale.

,j*ovcclosuvc jS'ltlC.
I The Philadelphia & Reading
Companies.
n o t ic e o f

; IK

f o r e c l o su r e

s a l e

.

T H E C IR C U IT C O U R T O K T H K U N I T E D
S T A T E S E O K T H E E A S T E R N D IS T R IC T OK
P E N N S Y L V A N IA .
I N E Q U IT Y .
A p r il Seaslous, 1895.—N o . 9.

’ T I I E P E N N S Y L V A N IA C O M P A N Y F O R IN S U R ­
A N C E S ON L IV E S A N D G R A N T IN G A N ­
N U IT IE S ,

vs.

Complainant,

T H E P H I L A D E L P H I A A H E A D IN G R A I L R O A D
C O M PA N Y. T H E P H IL A D E L P H IA & R E A D ­
IN G C O A L A IR O N C O M P A N Y A N D OTHERS,

Defendants.

•
■\VhereAtt. b y

------

a d e c re e o f ih e C irc u it C o u rt o f th e
U n ite d S tates f o r th e E a stern D is tr ic t o f P e n n s y lv a ­
n ia m ade and e n te re d o n th e 1st d a y o f M a y. 1890. in
th e a b o v e e n title d cause, it was. a m o n g o th e r th in gs,
p ro v id e d th a t, in d e fa u lt o f th e p a y m e n t bjr th e
d e fe n d a n t T h e P h ila d e lp h ia & R e a d in g R a ilro a d
C om pan y, o r b y a n y o n e c la im in g u n d e r it, o r b y a n y
o n e t o r its accou n t, o r o f p a y m e n t b y th e d e fe n d a n t
T h e P h ila d e lp h ia A R e a d in g C oal A Ir o n C om pany,
o r b y a n y o n e c la im in g u n d er it. o r by a n y o n e fo r its
accou n t, o f th e a m ou n t b y said d ecree ad ju d ged ,
w ith in tw e n ty d a ys a f t e r th e e n tr y o f said d ecree,
th e p rop erties, p rem ises a n d fra n ch ises by sa id d ecree
a d ju d g ed t o h a v e b eco m e s u b je c t t o ft m o rtg a g e o r
d eed or' tru s t "bearing d a te th e 3d day o f Jan u ary.
18 8 8 . m ad e t o th e c o m p la in a n t in said cau se b y th e
said T h e P h ila d e lp h ia A R ea d in g R a ilro a d C om pan y
an d T h e P h ila d e lp h ia A R e a d in g C oal A Ir o n C o m ­
pany. an d k n ow n as t h e G e n e ra l M o rtg a g e , be sold as
iu said d e c re e d irected on a day an d a t an h o u r t o be
fix ed by said com p la in a n t, th e T r u s te e u n d er said
tl M o r tg a g e ; and
W h e re a s , m o re th an tw e n ty days h a r e elapsed
since th e e n tr y o f said d e c re e , and d e fa u lt has been
m a d e in th e p a y m e n t b y said d e c re e d irected .
N o w . th e r e fo r e . T h e P e n n s y lv a n ia C o m p a n y fo r
In su ra n ces on L iv e s and G ra n tin g A n n u itie s , th e
T r u s te e n am ed in said G e n e ra l M o r tg a g e o f T h e
P h ila d e lp h ia A R e a d in g R a ilro a d C om p an y a u d T h e
P h ila d e lp h ia A R e a d in g C oal A Iro n C om pan y, dated
Jan u ary 3d. 1888, u n d e r an d in p u rsu ance o f said d e ­
c r e e and in th e e x e rc is e o f t lie p ow ers an d d u tie s
c o n fe r r e d and im p osed upon i t b y said G en eral
M o rtg a g e , w ill sell a t t h e O ld S ta tion on C a llo w h ill
S tre e t, b e tw e e n T h ir te e n S tre e t and B road S treet, in
th e C ity o f P h ila d elp h ia , in th e S ta te o f P e n n s y l­
va n ia th a t b ein g on th e prem ises t o b e s o ld i, on
W ed n e s d a y , th e 23d d a y o f S ep tem b er, 1896, a t t w e lv e
o 'c lo c k n oon o f th a t d a y t o th e h ig h e s t and b est
b id d e r o r bidders
A l l an d singu lar th e m o rtg a g e d and p le d g e d p ro p ­
e r t y by said d e c re e a d ju d g e d t o be s u b je c t t o said
G en eral M o rtga ge, and th erein d ire c te d t o b e sold,
and b riefly describ ed as f o llo w s :
•
A S T H E F IR S T P A R C E L .
T h e fo llo w in g p ro o e rty o f T h e P h ila d e lp h ia A
R e a d in g R a ilro a d C om pany.
T h e fo llo w in g lin es o f r a ilro a d s a n d o th e r p ro p e rty
o f said R a ilro a d C om pany, t o w i t :
T h e M a in L in e , th e L e b a n o n V a lle y Branch, th e
L eb a n o n A T rem on t. Branch, th e M a h a n o y A S h am ok in Branch, th e M t. C arbon Branch, th e S c h u y lk ill
A Susquehanna B ranch, th e P o r t K e n n e d y Branch,
th e W e s t R e a d in g Branch, th e M o selem B ra n ch ;
T h e lea s eh old in te re s t iu th e P h ila d e lp h ia G erm a n ­
to w n A N o rris to w n R a ilro a d ;
T h e lea seh old in te re s t iu t h e C h estn u t H ill R a i l ­
road ;
T h e le a s e h o ld in terest in th e P ly m o u th R a ilr o a d ;
T h e lea seh old in te re s t in th e C o le b ro o k d a le R a il­
road ;
T h e lea seh old In te re s t in th e E a st P e n n s y lv a n ia
R a ilr o a d ;
*
T h e leaseh old in te re s t in th e E ast M a n a u o v R a il­
ro a d C om p an y and th e L it t le S ch u ylk ill N a v ig a tio n
R a ilro a d A Coal C om pany.
T h e lea seh old in te re s t in th e S ch u ylk ill V a lle y
N a v ig a tio n A R a ilroa d Com pany.
The le a s e h o ld In te re s t In th e M ill C re e k A M in e
H ill N a v ig a tio n A R ailroau C om pany.
T h e lea seh o ld in terest in th e M t.C arb on A P o r t C ar­
bon R a ilro a d .
T h e lea seh o ld in te r e s t In th e M in e H ill & S ch u yl­
k ill H a v e n R a ilro a d .
T h e le a s e h o ld In te re s t in th e c an al and n a v ig a tio n
w o rk s o f th e president, m an agers and com p a n y o f
th e S eh u ylk l! N a v ig a tio n Com pany.
T h e le a s e h o ld In te re s t in th e can al and n a v ig a tio n
w o rk s o f th e S u squ eh an n a Canal C om pany.
T h e lea seh old in te re s t In th e ra ilro a d o f th e C a ta w issa R a ilro a d C om pany.
T h e lea seh o ld in terest In th e ra ilro a d o f th e P ic k ­
e r in g V a lie v R a ilro a d C om pany.
T h e lea seh o ld In te re s t in th e r a ilro a d k n ow n as t h e
P h ila d e lp h ia A C h ester Branch.
T h e le a s e h o ld in te r e s t in th e m ain lia e o f th e ra il­
road o f t h e N o r th P e n n s y lv a n ia R a ilro a d Com pany,
an d t h e b ranches th e r e o f know n as th e D ela w a re
R iv e r Branch an d t h e D o y le s to w n Branch.
T h e lea seh o ld in te re s t in th e ra ilro a d o f th e D ela
w a re A Hound B ro o k R a ilro a d C om pany, to g e th e r
w ith th e bran rh know n as th e T r e n to n Branch.
T h e le a s e h o ld In te re s t In t h e S ch u ylk ill & L e h ig h
R a ilro a d .
T h e leaseh old In terest in th e S h om ok in Sunburv A
L e w is b u rg R a ilroa d .
.
A n d a ll rea l e s ta te o f said R a ilro a d C om pan y
w h e r e v e r s itu ated ow n ed b y i t a t th e d a te o f th e e x ­
e c u tio n o f said G en era l M o rtg a g e o r by it th e r e a fte r
in a n y m a n n er a cqu ired, o r h eld fo r its ben efit o r In
tru st fo r It ; a ll o th e r railroad s th e n ow n ed o r t h e r e ­
a f t e r c o n stru cted o r acq u ired b y purchase, m erg er.
%o r in a n v m a n n er w h a te v e r b y said R a ilro a d C om S s n r ; all o th e r leaseh old e sta tes in any o th e r r a il­
roads a t a n y tim e a ft e r t h e e x e c u tio n o f s aid G en era l
M o rtg a g o acq u ired by lea se, a ssig n m en t o r in any
I m a n n er w h a ts o e v e r by said R a ilro a d C o m p a n y ; a ll
f branches, exten sio n s, sid in gs a n d tu rn o u ts o f a ll th e
•aid ra ilro a d s and each o f i hern : a ll a d van ces m ad e
* 7 said R a ilro a d Com a n y In t h e o p e ra tio n by it o f
tfee lea sed R a ilro a d s fo rm in g p a rt o f th e m o rtg a g ed
p ro p e rty so fa r as th e sam e a r e re-p a ya b le, an d all
rig h t an d claim t o th e re -p a y m e n t t h e r e o f ; a ll lands,
rig h ts o f w a y, rails, b ridges, w alls, fen ces, w orkshops,
m a ch in ery, s ta tio n s, o ffices, d ep ots, depot, grounds,
anaine houses, b u ild in gs, im p ro vem en ts, ten em en ts,
in a h e re d ita m e n ts ; a ll lo c o m o tiv e s , ten d ers, pas­
senger cars, b a g g a g e cars, fr e ig h t cars, coni cars and
ill o th e r en gin es, cars, ca rria ges and r o llin g stock,

fo r e c lo s u r e

J u te .

P e e r le s s C o llie ry . 117. L e a s e o f B u ck R id g e C o llie r y .
tools. Im p lem en ts an d m a t e r ia ls ; and a ll R eam
118, L e a s e o f G ira rd , M a m m o th an d C u y le r C o llie rie s .
co lliers ships, vessels an d can al b o a ts o w n e d b v said
R a ilro a d Com pany a t th e d a te o f th e x e c u tio n o f i 11-. L e a s e o f U n io n , o r N o r th A s h la n d , CodSery. 120.
L e a s e o f H a m m o n d an d C o n n e r C o llie rie s . 121, L e a s e
said G en era l M o rtga ge, o r by it t h e r e a ft e r a t a n y
tim e a c q u ir e d ; all and s in g u la r th e to lls , rent*?, r e v e ­ o f G ira rd C o llie ry .
nues Issues, profits and in c o m e o f th e R a ilro a d C o m ­
IR O N O R E L A N D S .
pany d e riv e d fro m said ra ilroa d s, can als a n d o th e r
N o . 122, P u tn a m V a lle y , N . Y ., lands. 123, P u tn a m
p r o p e r ty ; a ll corp ora te a n d o th e r rig h ts , p riv ile g e s ,
C ou n ty, N . Y ., o r e la n d s. 124, N e ls o n C o u n ty . V a .,
appu rten an ces and fra n ch ises o f said R a ilro a u C om ­
Iro n -o re lands. 125, N e ls o n an d A m h e r s t C o u n ties,
pany o r c o n n ected w ith o r re la tin g t o sa id m o rtg a g e d
V a., ir o n - o r e la n d s. 126. A lb e m a r le C o u n ty, V a.,
p rem ises th en ow n ed by i t o r t h e r e a ft e r a c q u ir e d ;
Ir o n -o re lan ds. 127, S e a s h o ltz v ille . P a ., lan d . 128,
a ll th e s treets, ways, alleys, passages, w a ters, w a te r ­
B ig P o n d , Pa., e s ta te . *29, B o llin g S p rin g lea se, P a courses. easem ents, rig h ts , lib e rtie s , p riv ile g e s ,
130, H e im an d V a n a s d le n lan ds.
h e re d ita m e n ts and ap p u rten a n ces w h a ts o e v e r u n to
F U R N A C E P R O P E R T IE S .
a n y o f said m ortga ged p rem ises a n d e s ta te s b e lo n g ­
in g o r a p p erta in in g ; an d a ll th e es ta te , rig h t, title ,
N o . 131, B e c h te ls v iile . 132, S w ed e. 133, K u tz to w n .
in te re s t, profit, claim a n d dem an d o f e v e r y n a tu re
134, E a s t P e n n .
135, E rnaus. 136, S t. C la ir. 137,
and kind w h a ts o e v e r o f th e R a ilr o a d C om p a n y, as
R in g g o ld . 138. M o n o c a c y . 139, P o r t C a rb on F u r ­
w e ll a t la w as in eq u ity o f, in a n d t o th e Bame, and
n ace an d R o llin g M ill. 140, P o w h a ta n F u rn a c e , V a .
e v e r y p a rt and parcel t h e r e o f :
OTHER R E AL ESTATE.
E x cep tin g , h o w ever, t h e r e fr o m anjr p r o p e r ty h e r e ­
t o fo r e s old o r c o n v e y e d b y Baid R a ilro a d C o m p a n y
N o . 141. O ffice b u ild in g a n d lo t, P o t t s v ille . 142,
u n d er t h e p ow ers re s e rv e d in said G e n e ra l M o r tg a g e .
A c r e lo t, B ra n ch T o w n s h ip . 143, T o w e r C it y la n d s ,
144, L o t o f gro u n d . C h estn u t S tr e e t, R e a d in g . 140,
O n e h u n dred and s ix ty th o u sa n d (160,000) sh ares
A d a m s S tr e e t D e p o t, B ro o k ly n . N . Y . 147, T w e n t y o f t h e par va lu e o f $50 each in th e c a p ita l s to c k o f
n in tu S tr e e t D e p o t (le a s e h o ld ) N e w Y o r k C ity . 148,
T h e P h ila d e lp h ia A R e a d in g C oal & I r o n C om pau y.
N e w B e d fo r d D ep ot, M ass. 149. N e w b u r y p o r t D e o o t,
M ass. 150, Salem D e p o t (le a s e h o ld ), M ass. 151,
A l l shares and bonds o f lin e s le a s e d o r c o n tr o lle d
P o t t s v ille shops. 162, B e lle fo n t e lo ts . 153. S u rfa c e
b y T h e P h ila d e lp h ia A R e a d in g R a ilr o a d C om p an y
—T o w n o f L o c u s t D a le . 154, S u r fa c e - A s h la n d . 155,
d ep o sited w ith th e u n d ersign ed as T r u s te e u n d er th e
H e g in s T o w n s h ip lo t . 156, P o r t C a rb o n lo ts . 157,
Baid G e n e ra l M o rtg a g e o f T h e P h ila d e lp h ia A R e a d ­
B erks C o u n ty lands. 158. L o t a t P r e s to n .
159,
in g R a ilro a d C om pany a n d th e P h ila d e lp h ia A R e a d ­
V a rio u s S c h u y lk ill C o u n ty lands. ^ 160, C am eron .
in g C oal A Iro n C om pany, d a te d J a n u a ry 3. 188 8 . f o r
T o w n s h ip lan d s.
w
w h ich G en eral M o rtg a g e bonds h a v e , u n d e r th e
A n d a ll o th e r r e a l e s ta te o f s aid C o a l A Ir o n C o m ­
term s o f said G en era l M o r i g a ge, b e e n issu ed , in ­
p an y w h e r e v e r s itu a te o w n e d b y it a t t h e d a te o f th e
e x e c u tio n o t sa id G e n e r a l M o r tg a g e , o r b y it t h e r e ­
c lu d in g th e fo llo w in g :
_
_ .
.
(1 ) $192,34047 o f th e M o r tg a g e L o a n s o f t h e S c h u y l­ a ft e r in any m a n n er a c q u ire d o r h e ld f o r its b e n e fit
k ill N a v ig a tio n Com pany, c o m m o n ly k n ow n a s L o a n s
o r in tr u s t f o r i t ; a ll ra ilro a d s a n d a ll b ran ch es,
e x ten sio n s, sid in gs an d tu rn o u ts o f a n y r a ilr o a d
o t 1872-1897.
,
. , _ ,
,
(2) $91,317 67 o f th e M o r tg a g e L o a n s o f t h e S c h u y l­
th e n b e lo n g in g t o said C o a i A Ir o n C o m p a n y, o r
k ill N a v ig a tio n Com pany, c o m m o n ly k n o w n as L o a n s
t h e r e a ft e r c o n s tru c te d o r iu a n y m a n n e r a c q u ire d b y
i t ; a ll lan d s, coal leases, ir o n -o r e leases, m in es, c o lo f 1882-1907.
(3 ) $119,000 o f Jtae loan s o f t h e S ch u y lk ill N a v ig a ­
ieries, break ers, e n g in es, w o rk sh o p s, m a c h in e rv ,
tio n Com pany, com m ou ly k n o w n as th e L o a n s o f
offices, b u ild in gs, im p ro v e m e n ts , te n e m e n ts , an d
h e re d ita m e n ts th e n o w n e d by it o r b y it t h e r e a ft e r
1895.
( 4 ) $13,500 o f th e loan o f t h e S c h u y lk ill N a v ig a t io n
in a n y m a n n e r a c q u ire d b y it o r f o r its b e n e fit o r in
C om pany, com m on ly k n o w n as th e im p r o v e m e n t
tru s t f o r it ; a l. yards, d e p o ts a n d w h a r v e s , a ll lo c o ­
m o tiv e s , ten d ers, coal cars, ca rria g es a n d a ll o t h e r
” *71,500 o f th e B oa t an d C ar L o a n s o f th e S c h u y l­
en gin es, cars, r o llin g stock , tools, im p le m e n ts , h orses,
k ill N a v ig a tio n Com pany.
_
m u les an d m a teria ls, an d a ll c o r p o r a te a n d o th e r
(6 ) $'14,300 in th e P r e fe r r e d S to c k o f t h e S c h u y lk ill
righ ts, p riv ile g e s , a p p u rten a n ces an d fra n c h is e s o f
N a v ig a tio n Com pany.
...................
said C oal A Ir o n C om pany, o r c o n n e c te d w ith o r
(7 ) $20,800 In th e C om m on S to ck o f th e S c h u y lk ill
r e la tin g t o th e s a id la n d s, co a l o r iro n m in es, ra ilro a d
N a v ig a tio n Com pany.
o r o th e r prem ises, o r a n y o f th e m , o w n e d b y said
(8 ) T h e fo llo w in g secu rities and stock s o f th e Sus­
C o a l A Ir o n C o m p a n y a t th e d a te o f t h e ex e c u tio n ,
qu eh an n a Canal C om pany:
^
^
o f said G e n e ra l M o r tg a g e , o r b y i t a t a n y tim e t h e r e ­
F ir s t m o rtg a g e p r e fe r r e d ............................. $ ’ 27,000 00
a ft e r c o n s tru c te d o r a c q u ir e d ; a ll a n d sin g u la r t h e
F irst m o rtg a g e p rio rity .................................
9ri.sl0 58
to lls , r e n ts , re v e n u e s , issues, p ro fits a n d in c o m e o f
T h ir d m o rtg a g e s ix per c e n t ............... .— l,316,3i6 o2
t h e C oal A Ir o n C o m p a n y d e r iv e d fr o m sa:d ra ilr o a d ,
F o u rth m o rtg a g o seven p er c e n t ................. 238,Ono 00 canals, c o a l, o r iro n m in es a n d o th e r p r o p e r t y ; an d
S to c k ......................................................... . • - - .1.970,973 8 4 all s 'r e e ts , w ays, a lle y s , passages, w a te rs , w a t e r
(9 ) $139,300 in the F ir s t M o r tg a g e L o a n o f th e
cou rses, ea sem en ts, rig h ts , lib e r tie s ,
p riv ile g e s ,
P ic k e rin g V a lle y R a ilroa d C om pan y.
h e re d ita m e n ts a n d a p p u rten a n ces w h a t e v e r u n to
(10) $504,300 in th e M o r tg a g e B on d s o f t h e C o le ­
a n y o f th e said m o r tg a g e d p rem ises an d e s ta te s
b e lo n g in g o r a p p e rta in in g ; a n d a ll t h e e s ta te , rig h t ,
b ro o k d a le R a ilro a d C om pany.
(11) T h e fo llo w in g sec u ritie s o f t h e C ata w issa
title , in te re s t, profit, cla im an d d e m a n d o f e v e r y
R a ilro a d Com pany:
n a tu re aud k in d w h a ts o e v e r o f t h e C o a l A Ir o n C om ­
10% C h a ttel M o rtg a g e bonds, 1838-1888............$98,450
p a n y as w e ll a t la w a s in e q u ity , o f, in an d t o t h e
5% C h a ttel M o rtg a g e B onds, 1 80........................ 21.500
sa m e an d e v e r y p a rt a n d p a rc e l t h e r e o f.
7% D e o e n tu re Bonds. 1917................................... 62,000
E x c e p tin g t h e r e fr o m a n y p ro p e rty h e r e t o fo r e c o n ­
v e y e d a n d t r a n s fe r r e d u n d er t h e p o w e rs r e s e r v e d
A S T H E SECOND P A R C E L .
in said G e n e ra l M o r t g a g e ^
^
T h e fo llo w in g prop erty o f T h e P h ila d e lp h ia &
R e a d in g Coal A Iro n C om pau y.
T h e f o llo w in g sh ares o f t h e c a p ita l s to c k o f o t h e r
c o rp o ra tio n s o w n e d b y sa id C oal A Ir o n C om p an y,
T h e fo llo w in g coal lands, c o a l leases, ir o n o re
bu t s u b je c t to a p rio r p le d g e th e r e o f b y i t t o T h e
lauds, fu rn a ce properties a n d o t h e r re a l es ta te .
P h ila d e lp h ia A R e a d in g R a ilr o a d C o m p a n y u n d e r
a m o r tg a g e d a te d J u ly 1,1874, v iz.;
COAL LA N D S .
No. o f
N o . 1. T r e v o r to n es ta te . 2, A s s o c ia te lands. 3,
N a m e o f C om p an y.
S h ares,
Z im m erm a n and H e lle r tra c ts . 4. J o h n B o y d tr a c t.
P r e s to n C oal A im p r o v e m e n t C o m p a n y ............ 56,68$
5. Sham okin aud Bear V a lle y tra cts. 6 .M . E . L e v e r F u lto n C o a l C o m p a n y ............................................ 63,537
son tra ct. 7, W illia m M . R o e k a fe lle r tr a c t. 8, B ig
L o c u s t G ap Im p r o v e m e n t C o m p a n y ................... 60,522
M o u n ta in lands. 9, W e t h e r ill. G ra y , C le a v e r an a
T r e m o n t G oal C o m p a n y ......................................... 118,354
B rady tracts. 10. P r e s to n M ille r S u rv e y . 31, B it M a m m o th V e in C oal A Ir o n C o m p a n y ............... 59,727
te n b e n d e r lands. 12. G e o r g e S c h a ll tr a c t.
13.
D e la w a re C oal C o m p a n y ......................................... 4,716
M c In ty r e lands. 14, W illia m S h e e d t r a c t , lo . H e lfen ste'in lands. 16, L o c u s t M o u n ta in S u m m it I m ­
p ro v e m e n t C om pany lands.
17, S a m u el M o rg a n
A l l p ro p e rty , rea l an d p e rs o n a l, o f e v e r y c h a ra c te r
tra c t. 18, M o u n t C arm el C o a l A I r o n C o m p a n y
a n d d e s c rip tio n , w h ich , o r a n y b e n e fic ia l in t e r ­
lands. 19. M ou n t C arm el A L o c u s t M o u n ta in C oal
e s t in
w h ich , has b een a c q u ire d b y t h e
R e­
C om pan y lands. 20. L o c u s t D a le e s ta te . 21, A s h ­ c e iv e r s o f th e P h ila d e lp h ia A R e a d in g B a llr o a d
land esta te . 22, F ou n tain S p rin gs t r a c t . 23. N e c h o
C o m p a n y a n d o f th e P h ila d e lp h ia C o a l A I r o n C o m ­
A lle n tra c t. 21. L ocu st M o u n ta in t r o c t. 25, W illia m
pany in t h e cou rse o f t h e o p e ra tio n a n d m a n a g e m e n t
J o n e s tra c t. 26. P h ila d e lp h ia A M a h a n o y lan ds. o f e ith e r o f said t w o parcels o r p e rta in in g t h e r e t o , o r
27. Jam es M cN eal tra ct.
28, T a g g a r t tr a c t.
29, t o w h ch. o r t o a n y b e n e fic ia l in te r e s t in w h ich , t h e y
N e ife r i tra ct. 30, S h e a fe r tra c t. 31, K e a r a n d P a t ­ a r e o r m a y u ecom e e n title d , w ill b e sold in c o n n e c tio n
te rs o n lands. 32. E ly aud R ie h le t r a c t . 33. A n d r e w
w ith such p arcels r e s p e c t iv e ly ,in c lu d in g a ll in c o m e ,
L o v e tract.. 34. Su m m it lan d s. 35, T a m a q u a lan ds. p ro ceed s o f in c o m e , b ills an d a c c o u n ts r e c e iv a b le ,
36, C oal H ill e state. 37. W o o d a n d A b b o t tr a c t. 38,
cash a n d o t h e r p ro p e rty , r e c e iv e d b y s a id R e c e iv e r s
G u ite im a n o r T u sca rora tr a c t. 39, G le n tw o rth tra c t.
in th e m a n a g e m e n t o r o p e r a tio n o f such p a r c e l o r p e r ­
40, E a g le H ill tract. 41, M a r y P a tte r s o n tr a c t. 42,
ta in in g t h e r e to , an d a n y an d a ll p r o p e r ty a p p u r te n a n t
V a lle y F u rn ace Lands. 43, L e w is tracts. 44. R a v e n s - t o such p a rcel o r p e rta in in g t n e r e t o a n d a c q u ir e d
d a le tra c t. 45. D ilcam p tra c t. 46. L e e L a n d s . 47, f o r u s e in c o n n e c tio n w ith o r f o r t h e p u rp o ses o f
R ep p an d K e lin tracts. 48, R e p p ’s h e irs ’ tr a c t. 49,
such p a rcel o r th e b u sin ess o f said R a ilr o a d C om ­
Saw M ill tract. 50, St. C la ir tr a c t. 51. E llm a k e r
pan y. o r o f sa id C oal A Iro n C o m p a n y in c o n n e c tio n
tra c t. 62, F lo w e ry F ie ld tra c t. 53. W e s t F lo w e r y
th e r e w ith an d v e s te d in o r s ta n d in g in t h e n a m e o f
F ie ld tra c t. 54, M o u n t L a ffe e tra c t. 55. O ak H ill
t h e ja id R e c e iv e r s , o r t o w h ic h sa id r e c e iv e r s in
tra c t. 56, Duncan lands. 57, H o u s to n o r R u ssel a n y m a n n er sh all h a v e a c q u ire d t it le , a t t h e t im e
tra c t. 58. C oit tra ct. 59, S a m u el H e ffn e r tr a c t. 60,
o f d e liv e r y t o th e pu rch a ser o f such p a r c e l: a ll
M in e rs v ille tract. 61. M in e r s v ille C oal R e s e r v e . 62,
e q u ip m e n t a n d a ll c o a l in possession o f s a id R e c e i v ­
C arey and H a r t tract. 63. J e m m y L a in g tr a c t. 64, ers a t th o t im e o f t h e d e liv e r y o f such p a r c e l t o b e
D iam on d tra ct. 65, G e t t le an d W a g n e r la n d s. 66,
d e liv e r e d as p a rt o f, a n d in c o n n e c tio n w ith , t h e
M a n h a tta n lands.
67, C a th e rin e G roh t r a c t . 68,
p arcel in re s p e c t o f w h ich i t sh all h a v e b e e n a c ­
H a m m e r and H o y tra c t. 69, Ph osn tx P a r k tr a c t. 70,
q u ire d o r r e c e iv e d b y sa id R e c e iv e r s .
_
H u g h e s and Lam/ton tra ct. 71, L le w e lly u la n d s. 72,
A S T H E T H IR D P A R C E L . 9
Salem tract. 73, L it t le K la u s e r tra c t. 74. R e e d tra ct.
76, H a rtm a n and M e y e r tr a c t. 76, L i t t l e S cb a ll
T h e fo llo w in g s e c u ritie s a n d stock s p le d g e d as
tra c t. 77. B ig S chall tra c t. 7s, G u n k el an d B ranham
s e c u rity f o r said G e n e ra l M o r tg a g e b v certa in R e ­
tracts. 79, F arqu b ar lands. 80, G re e n lands. 81. co n stru ctio n T ru s te e s o f th e P h ila d e lp h ia A R e a d in g
Swat ara lands. 82. S ch u ylk ill a n d D au p h in Im p r o v e ­
R a i I ro a d C om pan y ;
^
m e n t an d R a ilro a d C o m p a n y lands.
83, T o w e r
M e c o n k e y e t al. lands. 84, F ra n cis S p a tzer tr a c t. 85,
G e n e ra l m o r tg a g e b o n d s o f T h e P h ila d e lp h ia A
O n e-eigh th o f Joseph S. S ilv e r tra c t. 66. H e n r v
R e a d in g R a ilr o a d C o m p a n y, s e c u re d b y a m o r tg a g e
H out.z tra c t.
87. A le x a n d e r K lin g e r tr a c t.
88.
o f said R a ilro a d C om p an y, d a te d J u ly 1st, 18/4, t o
P h ilip K u n tzlem a n tra c t. 89, F o rb e s an d D e la n o
t h e F id e lit y In s u ra n c e T r u s t A S a fe D e p o s it C o m ­
lands. 90, L e o n a rd I I l i e tra c t. 91, P e t e r L e v e n g o o d
pan y, tru stee. $^4,457,000;
. . ,
.
tra c t. 92, M unson and W illia m s lands. 93, K e ffe r
In c o m e m o r tg a g e bon d s o f T h e P h ila d e lp h ia A
tra ct. 94, F ish in g C reek tr a c t (n e r t h ). 95. F is h in g
R e a d in g R a ilro a d C om p au y, se c u re d b y a m o r t g a g e
C reek C reek tr a c t (s o u th ). 96. M ic h a e l S e ltz e r tract.
o f said ra ilro a d com p an y, d a te d D e c e m b e r 1 st, 1876,
97, S ch u y lk ill and S u squ eh an n a lan ds.
98, P e t e r
t o E d w in M . L e w is , tru s te e . $8,493,810.
K e s s le r tract.
F ir s t s e rie s fiv e p e r c e n t c o n s o lid a te d m o r tg a g e
b o n d s o f T h e P h ila d e lp h ia A R e a d in g R a ilr o a d C om ­
COAL LEASES.
pany. secu red b y m o r tg a g e o f said r a ilr o a d c o m p a n y,
N o. 99. L e a s e fr o m th e P r e s to n C o a l A I m p r o v e ­ d a te d A u g u s t 26th, 18S2, t o T h e P e n n s y lv a n ia C om ­
m e n t Com pany. 100, L e a s e fr o m t h e D e la w a re C oal
p an y fo r In su ra n ces o n L i v e s a n d G r a n tin g A n n u i­
C om pany. 101, L e a s e fro m t h e M a m m o th V e in Coal
ties. o f th e C ity o f P h ila d e lp h ia , tru s te e , $184,606.
A iro n Com pany. 102, L e a s e fr o m t h e T r e m o n t C oal
S econ d s e rie s fiv e p e r ce n t c o n s o lid a te d m o r tg a g e
Com pany. 103, L e a s e o f G re e n tra c t. 104. L e a s e
bon d s o f T h e P h ila d e lp h ia A R e a d in g R a ilr o a d C om ­
o f H e u ry M ille r and Sarah M o o r e tra c ts .
105,
pany, secu red b y s a id m o r tg a g e , d a te d A u g u s t 26th.
L e a s e o f C onrad M e rtz tra c t. 106. L e a s e o f H e p b u rn
1882, $6,131,404.
tra c t. 1 >7, L e a s e o f o n e -fo u r th o f B e rn a rd H u b le y
II.
*
tra c t. 108, L e a s e o f p a rt o f A n d r e w L y t l e tra c t.
(1 )
. $1,493,249 73 o f th e m o rtg a g e lo a n s o f t h e
10 , L e a s e o f o n e -e ig h th o f t h e A le x a n d e r K lin g e r
S c h u y lk ill N a v ig a tio n C om pau y. c o m m o n ly k n o w n as
tra ct. 110, L e a s e o r o n e -h a lf o f K in n e a r. M e y e r a n d
th e lo a n s o f 1 8 2-18FT.
S p aetzer tracts. 111. L e a s e o f N a n c y K in n e a r tra c t.
(2 )
. $3.**49.828 67 o f t h e m o r tg a g e loan s o f t h e
H 2 . L ea se o f F lo w e ry F ie ld , S a w M ill an d E llm a k e r
S c h u y lk ill N a v ig a tio n C om p a n y, c o m m o n ly k n o w n a
tra c ts a n d L e e lands. 113. L e a s e o f W e s t B ea r R id g e
C o llie ry . 114. L e a s e o f E a s t B e a r R id g e C o llie ry . th e lo a n s o f 1882-1907.
(3 ) . $1,062,000 09 o f t h e lo a n o f t h e S c k u y lk i
115, L e a s e o f H e n r y C la y C o llie ry . 110, L e a s e o f