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1

pitanrtal

rnnid

flitmtftfi
Quotation -Supplement

^m/m^
State and C% Supplement i^^m^

Street Railway Supplement

(mobimv)

Investor* Supplement (0™*$

[Entered aooordlng to Aot of Congress, In the year 1900, by the William B.

VOL

Dana Company,

SATURDAY, DECEMBER

71.

1,

in the offioe of the Librarian of Congress.]

NO. 1*49.

1900.
H?«e* ending

Clearing)

PUBLISHED WEEKLY.
Terms of Subscription— Payable in Advance:

—

.

London Agents:
Messrs. Edwards <fe Smith, 1 Drapers' Gardens, E. C, will take subscriptions and advertisements, and supply single copies of the paper
at Is. eaoh.

B.

DANA COMPANY,

1900.

New York

For One Year
$10 00
For Six Months
6 00
13 00
European Subscription (including postage)
European Subscription Six Months (including postage)
7 50
*2 14s
Annual Subscription in London (including postage)
eixMos.
do.
do.
£llls.
do.
Above subscription includes—
Street Railway Supplement
The Quotation supplement
State and City Supplement
The INVE8TOB8' Supplement
Terms oi Advertising (Per Inch Space.)
Transient matter
$4 20 Three Months (13 times) .$29 00
"
STANDING BUSINESS CARDS.
Six Months
(26
).. 50 00
" ).. 87 00
Two Months
(8 times) .. 22 00 Twelve Months (52

WILLI ATI

at—

Publisher*,

Pine Street, Corner of Pearl Street,
Post Office Box 958.
NEW YORK..

Philadelphia
Pittsburg

,

Baltimore
Buffalo

,

Washington
Albany

,

Rochester
Syracuse
Scranton

,

Wilmington
Binehamton

pages 1110, 1111 and 1112 will be found the detailed
JSP**
returns, by States, of all the national banks, under the Comptroller's calls of April 26, June 29 and Sept. 5, 1900.

.

Springfield

Worcester
Portland
Fall River
Lowell

New Bedford

Holyoke
Total New Eng..
Chicago
Cincinnati
Detroit
Cleveland
...

Columbus
Indianapolis

Peoria

To.edo
Grand Rapids

Dayton

Youngstown
Springfield, 111

Lexington

The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, Dec. 1, have
been $1,828,588,351, against $2,349,884,769 last week and
$1,639,246,498 the corresponding

Clearings.

week

Rockford
Springfield, Ohio..

Canton
111...

Quincy
Tot. Mid. West'n
San Francisco
Salt Lake City

of last year.

Week Ending December

Akron
Kalamazoo

Jacksonville,

—

Portland
Los Angeles

1.

Seattle

Retwrnt by Telegraph

New York

t919.162.6S6
91,957.336

Boston
Philadelphia
Baltimore
Chicago
St. Louis
New Orleans

Seven
Other

cities,

Total

Total

67,31 ft 968

15.f8l.892

97.606 469
24,897 554
11,784,886

days
6 days

cities, 6

all cities,

All cities, 1

1900.

5 days

day

all cities for

week.

1899
$808,008 115
86,930,450
64.325 945
14,091.413
98.228,381
22,700,601
8,407,116

*1,228,306,755

$1,097,690,021

200.076.983

181,000,072

$1,428,983,788
400,204 618

$1,828,588 351

$1,278,690,093
860,656,405

$1 639.246.493

P. Cent

+13-8

+68
+4-7
+10-6
+4 7
+9-7
+40*2

+119
+10

5

Fargo
Sioux Falls
Total Paolflo

Kansas City
Minneapolis

Omaha

141,670,599
6,954,800
2,187,511
1,472,815
1,804,022

527 045

553,782
449.143
319,275

171,287,097

147,297 873
15,865,950
9.160,742
11,865 481

6,591879
5.650.700
3,629,716
2.201,158
2,366,821
1,819,491
1,213.321
1.085,021
344,782
516,689
463,220
505.9(0
836,354
298.535
812,264
283,415
150.273
214,907

18,12 1.778
13,819.138

6 043.267
4,561.560
3,616,774
1,444 169
655.791
1.448,047
973,406
482,164
100,000
163.781

Sioux City

+11-7

Fremont....

+116

Hastings
Tot. other West.
St. Louis

Wichita

Orleans

Louisville

Galveston

Houston
Savannah
Richmond
Memphis
Atlanta
Nashville

Norfolk

Augusta
Knoxville
Fort Worth

Birmingham
Maccn
Rock

Little

Chattanooga

67 609.75i
89,844 516
17,200.231
8,191.768
4,105 000
6,950 294
6.346 27*
8,651,277
4,817,906
2,987,712
1.834.835
1,598,363
1.633,082
537,216
940,000
1,000.000
927,000

Toronto
Winnipeg

11.799 851
2.646 589

Halifax
Hamilton.

1668 .561

St.

John

Victoria

Vancouver
Total Canada....

796 ,80
777 434
833 986
786 782
>

85,943 ooel

+97
+28

-0-3

1898

652,151030

1.608,288
980,682
923,906
662,735

1,425.815

+9 2
-5-4

-12-4

+12
+10'4

-182
+416
+8-9

—02
-64
+16
+18-3
-11
+99

1897.

835,664,457
68,748 978
16,643,316
16.64«,693
4.313,347
1,676 828

+22-4

283.200
948.050.380
100.333,875
4,926,100
1,688.211
1,335.533
1,276,043
1,284.601
1,292,358

—14-4

800 484

-4V

420,956
452,212

-20*0

60,627.388
16,713 663
15,872 630
4,160,094
1 688,776

917,128
946,921
609,290
256,900
745,209,570
83,608,799
4,837,400
1,819,828
1,246,735
1.198,093
1,206,983
1,174,638
861,485
636.S28
891,684

-16 6
113,790,272
97,546,985
10,872,400
6,617,734
7,497,656
4,719.869
4,574,700
2,465.450
1.474,826
1,444 353
1.117,351
732,^35
778,706
241,411
364,951
290,050
267,000

96,881,818
87,559,425
10,879,900
5,705,621
5,578,649
5,194,450
4,318,000
2,392,777
1,609,888
1.230.277
800,098
518,334

283504
270 700

245,150
179,017
219,689

816,829
216.000
286,065
288,173
185,547
168,495

141,889,478
18.852,707
2,173,679
1,693,51»
1.380,115
1,310.362
1,233.696
708,919
596,028

127,727.822
12.987,856
1,901 000
1,855,460
1,285 994
931,442
659,590
747,761
480,000

388,00i>

250 306

269.981*

al.

20 015 542
8 000.175
2,127.075
2.147,220
2,003 841
1,217,878
1,139,679
711,815
5 H ',995
163.783

91,135

123,262

38.073,003

28,320,159

21, 172.169

13,983.777
13,380.269
6,065,756
5.468.391
4,462.360
8,000,679
1.681.628
670,237
1,173.225
670.921
463.813
107,669
127,723

10,921 038
11,001 9H9
5,679.600
6,490,256
2 766,162
1,796,894
1,289,052
496,715
661,617
519.890
870.4-6
79.042
110.000

10,443 360
10,648.325
4,678.6«9
4,775.163
2,062.575
1,186.037
900,000

51.131 348

41.183 792
27.422 909
8.0^8 546
5.8*2.797
4,6i6.500
4,978 674
3,048.559
2418,6116
2,619 851
1,806.441
1,086,120
825,599
432 149
644.739

86 975,214
24,527.973
11,161 529
6,869.660
3.788.200
4.091.364
3,040,430
1,850 641
2 633,268
1,347.633
1,018,890
970.142
839,979
414 182
1,130,735

985.486
708.000

530 037

450 437

434,000

518447

490 323
297 248
189 088
6,-673 03

777,000
485 803
257,510
181 695

83.435,137
9.206.889
8,569,506
8,775.200
4,733 452
4.325 980
2.828.596
3,220 2 -<0
1,958.142
1,350 000
1.683,234
995.962

98S,:35l

694.75V813,1.10

851,130
434,701

286 .86'
Jacksonville
Total Southern..
102,583 ,174
Total all
2,349884 769
Outside N. York.
780 645 590
Montreal
16,738 552

+183

Not Include

34,069,878

6.651 871

+48-3
+11-1

158,720,209
140.761,109
16.435,600
8,866.566
9,829.910
5,677,622
5,475,200
3,003,823
2,067,736
2,086.702
1,100,993
1,127,457
847,366
279,624
414.941
441,618
892,600
881.234
824,163
279,449
223,446
138,176
200,145.395

Paul

St.

New

1,893.531
1,159,341
1,255,440

211,001 088
20.195.905
3,403,031
2,373 896
2,330.757
2.475.079
970, 10C
1,157,214
558,452
423.049
182,394

Denver
Joseph
Des Moines
Davenport-

St.

+U0

The excess over 1898 reaches 52'7 per cent, and
making comparison with 1897 the gain is seen to be 67*3 p. c.

per cent.

Spokane
Tacoma.
Helena

Topeka

The full details of clearings for the week covered by the
above statement will be given next Saturday. We cannot,
of course, furnish thein to-day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
have to be in all cases estimated .as we go to press Friday night.
We present below our usual detailed figures for the previous week, covering the returns for the period ending with
Saturday noon, November 24. and the results for the [corresponding week in 1899, 1898 and 1897 are also given. The
week's total at New York and for the whole country is the
heaviest on record. In comparison with the preceding week
there is an increase in the aggregate exchanges of twentytwo million dollars, the gain at New York being forty-three
millions. Contrasted with the week of 1899 the total for the
whole country shows an excess of 32'4 per cent.
Compared with the week of 1898 the current returns record
an increase of 76*2 per cent, and the excess over 1897 is 113-4
per cent. Outside of New York the increase over 1899 is 10'4

154,840,297
6,942 600
2,069,248
1,496,799
1.478,144
1.378,111
1,874,136
1,074,859

589,895
266,468

Bvansville

CLEARING HOUSE RETURNS.

876,877
376,600
352.194

1,773.833.285 1,258,469,068

Boston
Providence
Hartford

Milwaukee.

On

1,589,539.179 1.086.762,289
105,937.547
95, M6< i,H74
86.780,028
31,615,890
23,451,804
21,386,146
5,733,700
5,762,611
2,785,899
2.703,340
2.937.03?
2,690,287
2,250,760
1,838,177
1,135,265
1,200.871
1,093,860
1.248,532

981,774
415,600
288,33o

Chester
Total Middle

New Haven

1899.

November 24

1900.
P. Cent.

332.217
267.858

80 281.264

313.928,119
498 258.r62

,775 500.297

688,757.998

14 939 864
7,223 661
2.312 866
1.078 081

15,958105
9.374 447
8.3 v-2 IH8
I

500 000
850.233
677,579
698 564
816.396

38.157.492!

6186*7
670 465
645.9*2
777.244

+8

28,168,710

508 664
759,617
446.947
40 1.053
66.218
98 528

84 530 076
101 295 673

449 144.643
11.804 967
6.799.612
2,88 3,357
990,588
680 344
644,177

83,103,046

THE CHRONICLE.

1088

of official

THE FINANCIAL SITUATION.
Our stock market has continued
same lines noticed last week. As

to

move along

LVOL. LXXI,

propriety, but in the inference which

seeks to convey

the

facts

of

lugging

the

it

a gross misrepresentation of the

is

There

case.

was

no

occasion

for

Reorganization Committee at
can
conceive
of
no reason for
have been weak, but railroads strong. The securities all, and we
so
doing, except a desire on the part of some
of some properties have made material advances. For
of
the
members to pose before the country as foes
and
instance, the Southern Eailway stocks, common
The Repreferred, have touched higher values than ever be- of the railroad and financial interests.
Present and prospective earnings of the road organization Committee was not on trial, and if
fore.
are both good, but the Street insists that something the Commission deemed the capitalization of the
a rule industrials

in

the

movement. Southern Railway excessive and wanted to maintain
One or two significant events have occurred, and ru- its position with reference to the rate question, a
mors have been put afloat based on them, connecting decorous statement to that effect would have answered
the better prices with arrangements made by other every purpose and have sbown that the Board still had
companies, or by other events about to transpire, some regard for its official position. Instead, the
which, if true, would suggest a special cause ; but Commission seeks to cast aspersions upon a body
the rumors have all been emphatically denied. of men who in reorganizing the old Richmond & West
The New York Central has also continued to be Point Terminal Company and its constituent propa strong feature, though nothing new has been erties rendered as important a public service as was
developed this week affecting the company's affairs. ever rendered under similar circumstances by a like
The fact is, the market is evidencing, day by day, that body anywhere in the country. As a matter of fact
most roads which are in good shape are, in the opin- the Reorganization Committee, instead of being pilion of the public, facing an important era of develop- loried, should be held up to public approval and
They accomplished a task which seemed
ment and progress. Investors and operators may in praise.
a task which several previous
cases discount the future too rapidly
if so, and well-nigh hopeless
wherever they do, there will be set-backs, but as to a committees formed for the same purpose had been
future progressive state for the better class of railroad obliged to abandon because of its onerous character.
The imputation that this committee, which carried
properties, the general verdict is that never before
to success an undertaking which everyone else had
was it so nearly assured.
besides earnings has been the spur to the

—

;

In a decision rendered this week the Inter-State
Commerce Commission has thrown off all disguise
and has revealed the animus which is controlling
its course and action.
The framers of the InterState law intended that the Commission should
act in an impartial manner, deciding cases before it strictly in accordance with their merits.
The Board has from the first acted as if it were the
champion of the shippers, and as if its chief function
consisted in harassing and embarrassing the railroads

and ruliEg against them when occasion offered. But
while the Commission could not conceal the bias it
felt, its utterances at least have hitherto been couched
in judicial and unobjectionable language, thus pre
serving a semblance of impartiality.

This week, however, it has finally thrown precaution to the winds.
The Southern Eailway Company had asked for a rehearing in a case involving relative rates to Lynch-

which had been decided against
In its petition the company
in the spring.
it
claimed that to obey the decision of the Commission
would involve a loss to it of $433,000 per annum, and
that as no dividend had been paid on the company's

burg, Danville,

etc.,

common

stock of $120,000,000 during 1899, to insist
upon cutting off that amount of revenue per year

would be tantamount

to depriving the

owners of the

stock of their property without due process of law.

The Commission makes an attempt

to dispute the

figures of loss given, and then goes on to say that the
stock was issued as part of a reorganization scheme
under which the company came into existence, that
it does not appear that anything was ever paid upon
such stock, and finally (apparently to clinch a weak
argument) "that it does not rest in the whim of a
Reorganization Committee in Wall Street to impose
a tax upon the whole Southern country."

abandoned, sought by the reorganization " to impose
a tax upon the whole Southern country "is absolutely without any foundation in truth, and has
nothing whatever to sustain it. When these people
took hold the properties constituting the present
Southern Railway system were a physical as well as a
financial wreck.
The service was bad, and the costly
way in which it was rendered forbade the possibility of
cheapening the charge to the public. The reorganizes
provided the means for rehabilitating the system, and
poured millions upon millions into it for its improvement and development. Now at last the territory
served by the lines has a railroad service worthy of
the name. So far from having imposed a tax upon
any portion of the Southern country, we venture the
assertion that the South to-day, as the result of these
efforts and expenditures, is being served better and
cheaper than at any previous period in its history.
The statement that there is no evidence that anything was ever paid on the common stock of the
Southern Railway is of the same baseless character.
The stock referred to was issued in exchange for the
stocks of the old companies. Everybody in the financial and railroad world knows that the terms were not
Indeed, the reorganization was a peculiarly
liberal.
Leaving out of account what may have
drastic one.
been originally paid on the old shares, the reorganization managers levied heavy assessments on these
old stocks, and also on some classes of bonds, and
the security-holders had to pay these assessments in
order to get any representation in the reorganThe Richmond Terminal shareized company.
had to pay $10 per share and the
holders
Tennessee common stockholders had to
East
and besides had their
per share,
pay $7 20
holdings reduced 40 per cent. So hard were these
terms considered that many of the security owners
sacrificed their holdings rather than accept them,
and the reorganization syndicate had to step into

here to the " whim of a Reorganization Committee" in "Wall Street" is not only irrelevant and in exceedingly bad taste, violating every rule the gap.

The

allusion

If

the

Inter- State

Commerce Commis-

—
December

know

not

«

THtf CHRONICLE.

1, 1900.]

does

sion

—

—

—

.

this

all

it

inexcusably

is

since

1089

September

29,

The
per cent bonds now

when it stood at

$12,942,600.

coming redemptions of extended 2
And whatjbenefits have amount to $23,240,600, and the applications for the
directly within its province.
the security-holders who came in under the reorgani- exchange of the fundable bonds into the new 2 per
zation scheme received thus far? They have had no cents were at the close of business on Wednesday
dividends upon their holdings of common stock, and $363,388,650.
ignorant

on

most

a

important

subject,

to-day, 6£ years after the -reorganization, they fiad these
shares quoted in the market at the munificent figure

When,

of 17.

therefore, the

sought to protect
action

the

of

these

managers of the company

Inter State

the

against

shareholders

Commerce Commission

in threatening a large reduction of the company's
revenues, they were evidently doing only their duty.

The Commission

in denying the request for a rehear-

ing might at least have refrained from injecting abuse
into the refusal.

Money on

call,

representing bankers' balances, has

loaned at the Stock Exchange during the week at 4£
per cent and at 3 per cent, averaging 3£ per cent. It
may be noted that there has been a remarkable uniformity in the daily rates, the transactions each day

—

when there was a loan at 4-£ per cent
per
cent and at 3 per cent, with the bulk
being at 4
of the business at 3£ per cent.
Banks and trust comuntil Friday

panies quote 4 per cent as the
are in fair

minimum.

demand, while the

Time

loans

offerings are liberal

The statements of most of the anthracite coal com- and rates are 4 per cent for thirty to ninety days, 4£
panies for the month of October have been issued this per cent for four months, and 4|@5 per cent for five
show what serious losses these to six months, on a general assortment of Stock Exproperties sustained by reason of the miners' strike. change collateral, including an admixture of about 25
The Reading reports gross receipts of the Railway per cent of industrial securities. There appears to be
week,

and

Company

they

for the

month

this year at only $1,878,281,

same month last year,
while the receipts of the Coal & Iron -Company were
but $1,021,046 compared with $3,389,460 in October
1899; the net for the Riilway Company ia no more than
$361,866, against $1,062,921, and the Coal & Iron Company shows a deficit below expenses of $145,154,
as against $2,517,143 for the

an uuusually small supply for the season of commercial
paper in the market. This is in great part attributable to satisfactory business conditions, which have

tended to limit the needs of borrowers. The demand
has been quite noticeable this week from the interior
and these purchases have left the market nearly bare
of acceptable names.
Rates are lower all around
In compared with those ruling last week, and quotations
against net earnings of $390,7 L8 last year.
like manner the Lehigh Valley Railroad earned only are 4@4| per cent for sixty to ninety-day endorsed
$1,645,122 gross, against $2,475,563, and the Lehigh bills receivable, 4^@4| per cent for choice and 5@5£
Valley Coal Company but $679,000 gross, against per cent for good four to six months' single names.
$2,418,356, while in the case of the net there
deficit

below

expenses

a

companies

two

the

for

is

$697,261 net earnings
The Central of New Jersey lost $414,731
in 1899.
in its gross for the month and $648,331 more on the
Lehigh & Wilkes-Barre Coal Company ; in the net
of

$356,159,

against

as

the decrease is respectively $390,035 and $139,509.
The Ontario & Western return has also come to hand

We

worth
while to bring the figures together]in tabular form,
as is done in the following.

showing heavy decreases.

,

—

Gross earnings
1SOO.
1899.

Month of October—
$
ReadingRailway Company.. .1,878,281
xJoal&IronOo
1,021,046

Lehigh Valley RR
1,645,122
Lehigh Valley Coal.. 679,000

Central of New Jersey. 1,028,815
Leh. & Wilkes B. Coal 471,018
K. Y. Ontario
West. 282,022

&

7,005,304

From
gross

have thought

the foregoing

it

Net earnings.

-

—

1900.

1»99.

$

$

$

364,866
2,517,143
3,389,460 def.145,154
2,475,563 def.258,753
def.97,40S
2,418,356
238,534
1,443,536
3t>,802
1,119,349
454,265
58,782

1.062,921

197,671

3,097,083

13,817,672

it will

390,718
604,964
92,^97
628,569
176,311
141,303

be seen that the loss in

on the companies which have thus

far reported

England minimum rate of discount remains unchanged at 4 per cent. The, cable reports
discounts of sixty to ninety-day bank bills in London
4 per cent. The open- market rate at Paris is 3
per cent and at Berlin and Frankfort it is 4£ per
cent.
According to our special cable from London
the Bank of England lost £1,870 bullion during the
week and held £31,852,021 at the close of the week.
Oar correspondent further advises us that the loss was
due to the export of £318,000 (£300,000 to Egypt and
£18,000 to France) and to receipts of £316,000 net

The Bank

of

from the interior of Great Britain.

The

exchange market was quite erratic
early in the week, advancing sharply on Monday in
foreign

response to a

demand

remit for stocks sold for
European account, then receding after the urgent
inquiry was satisfied, and subsequently growing
steady to strong. While the demand on Monday was
to

meet the requirements consequent upon the London settlement, short sterling was
in good request, and there was some, though not an imThis does not include the Erie, whose
$2,899,412.
portant, demand for long sterling for investment. The
return has not yet been received, nor does it embrace
supply of commercial bills was not abundant, and
such companies as the Lackawanna and the Delaware
this fact had some influence upon the market.
The
& Hudson, which never furnish monthlyreturns.
advance in rates for actual business for sight of more
of
rates
official
There has been no change in the
than one cent and a-half per pound sterling since the
discount by any of the European banks this week, Presidential election appears to be almost wholly due
though unofficial rates, especially at London and to the demand for remittance in settlement for securnearly seven million dollars ($6,812,368) and the
loss in net not far from three million dollars

is

Berlin, have been firm.

The Bank

BDmbay

at Cal-

chiefly

for cables to

ities either directly bought in London immediately
per
cutta has increased its rate from 3 per cent to 4
after the election or sold in this market through
gain
of
showed
a
[cent.
Last week's bank statement
arbitrage houses since that event.
It is believed that
operaTreasury
in
cash
reserve,
reflecting
stocks
$7,538,800
which were bought last week for a temporary
tions and the return flow of currency from the in- turn in the market for London account have also been
terior, and there was a gain of $4,608,500 in surplus sold.
This European selling movement has been so
reserve, carrying this item to $12,278,275, the highest important as to attract attention.
The rapid and
,

of

..
.

THE CHRONLCLE.

1090

almost continuous rise in the market value of leading
stocks, caused by the post-election boom, seems to
have encouraged quite general European realizations,
thus entirely accounting for the otherwise unexplainable strength in the foreign exchange market.
Arrivals of gold at the Custom House for the week were
845,693.
The Assay Office paid $861,079 73 for
domestic bullion.
Nominal rates for exchange have been 4 82@4 82£
for sixty- day and 4 86@4 86£ for sight during the
week. Rates for actual business opened on Monday
at an advance of half a cent all around compared with
those at the close of business on Friday of last week,
to 4 81f @4 82 for long, 4 85|@4 85| for short and
4 86@4 86| for cables. The market was quite strong

[Vol. LXil.

CHANGES PROPOSED BY COMPTROLLER
DAWES IN NATIONAL BANK LAW.
The Comptroller

the Currency, Mr. Dawes, has
issued to the press this week copious extracts from
his

of

forthcoming report.

He recommends

several im-

amendments to the National Banking law.
The chief among these are (1) putting additional restrictions upon loans to directors and executive officers
portant

change in Section 5,200 of the
Revised Statutes, which, "while compelling under
penalty the safe and proper distribution of loans of
larger banks" (now restricted to one-tenth part of the
of the banks; (2) a

amount

of their capital stock), "will enable the larger

was steady to firm on Wednesday. Thursday was
a holiday. On Friday the market was active and

banks to loan more nearly the same per cent of their
total assets" which the section referred to allows to
small banks; and (3) changing the rule as to cash reserves so that a bank cannot hereafter count as a part
of its reserve so large a percentage as now of the cash
it has on deposit in another national bank at a reserve
city.
These suggestions, it will be noticed, are all
matters of peculiar interest touching points affecting
more or less intimately the practical working of the

strong for the greater part of the day, closing steady

system.

until the close,

On

when

there was a slightly easier tone.

demand

the following day the

for

remittance

subsided, and rates for actual business fell off one-

quarter of a cent for long and for short, to 4 81£@
4 81| for the former and to 4 85J@4 85£ for the latter.
Cables were, however, unchanged. The market

and

In considering the expediency of the proposed
short.
The following shows daily posted rates for changes in the law, it is well to remember that many
exchange by some of the leading drawers.
of our leading bankers incline to the opinion that
there can be, and is now too much detail in the legal
MON.. Tins.
WlD., Thus. FBI.
FBI.
Nov. 23 Nov. 26. Nov. 27. Nov. 28. Nov. 20 Nov. 30. machinery
prepared for restricting and regulating
4 82
S2*
82*
82*
82*
Brown Bros
{{»-£; 4 86
banking business. We do not, in referring to that
86*
86*
86*
86*
(60 days. 4 82
Baring,
£2*
82*
82*
82*
criticism, wish to be understood that it applies to all
Magoun & Co.. Sight... 486
86*
86„
86*
88*
Bank British
60 days. 4 82
82*
82*
82*
i-2*
of the foregoing proposals.
It is, though, a thought
4 86*
No. America, \ Sight..
86*
86*
86*
86*
at an advance of one-quarter of a cent for long

(

(

. .

Bank of

.

t>

81*
85*
60 days,
Canadian Bank
81*
4 85*
of Commerce. < Sight...
EJeldelbach, Ick- 60 days, 4 82*
(60 days.
(

82

4
4
4

(

&

Co.

<

8

I^ardFrere....{«?
Merchants' Bk.

(

4 86
4 82

Sight...

g£tr.
60 days

:

4 86
4

4

86

3
o

82*

82*

82*

H

86
82
86
82
86

86
82
86

86
82
86
82
86

82

.

elhelmer

82
86
82

83

62
86
82
86

85*

81*
85*

82
86

which suggests itself whenever amendments to the
Jaw are under discussion. Stability in affairs is attained by giving capital, however employed, as much
freedom as possible, rather than by piling up restrictions as to its employment. Recent disclosures of large
loss-s in banks which have been standing on their
books, and increasing for many years in spite of the
system of examinations which has been in operation
all the time, have served to raise the question anew,
whether official inspections and bank examinations
were not a source of weakness instead of strength.
These occurrences proved that in some cases at least
depositors, directors and officers had rested upon a
certificate of an examiner as completely as if it conveyed full knowledge of the condition of their institution, and have rested upon it with the absolute confidence a shipmaster would feel after he had obtained
When the examiner's work is
a clean bill of health.
nothing
crooked
found, every suspicion is
done and

82
86
E2
86

H2*
86
82
86
82
86

The market closed steady on Friday at 4 81|@4 82
for long, 4 85£@4 85| for short and 4 86@4 86£ for
cables.
Commercial on banks 4 81£@4 81| and documents for payment 4 80f @4 82|. Cotton for payment,
4 80f@4 81, cotton for acceptance 4 81£@4 81£ and
grain for payment 4 82@4 82£.

The
money

following
to

the

gives

week's

Week .Ending Nov.

30, 1900.

Received bv

movements

New York

and from the interior by

Shipped by

$4,160,000

$5,530,000

621,000

741,000

Loss. $1,370,000
Loss.
117,000

$4,703,000

$6,280,000

Loss. $1,437,000

Result with Treasury operations
1000.

as

above

Total gold and legal tenders.

The following
in the principal

Net Change *«

Bank

$4,703,000

$6,280,000

16.400,000

16,600,000

$20,103,000

$22,780,000

table indicates the

Saldino*.

Loss. $1,487,000

Loss

1,100,000

them more

Loss. $2,687,000

amount
Nov.

20, 1900.

guarding against defalcations, and for acquiring
knowledge as to the soundness or unsoundness of the
institution they represent?

80, 1890.

Of much the same character is the provision of the
banking law, found in Section 5200 of the Revised
Statutes, which the Comptroller now proposes to
amend. We think the most desirable amendment
that could be applied to this section would be to

of

Gold.

Silver.

4

Total.

Oold.

a

S

Silver.

Total.

1

31.862.021

franoe

-Germany*

...

ilussia

Ans.Hung'y+
Spain
Italy

Netherlands..
Nat.UelK in...

81,862,021 81,130.089
31.180 689
02,093.077 44,487,621 187,480.698 75.507,498 46,755.970 122.263.477
26,553.000 18,678,000 40.231,000 24,016,000 12,372.000 36,868,000
72,139,000 6.126,000 78,265,000 86.482,000 4.801 000 91,283.000
88 208.000 9,814.000 48,110.000 81.03J.OOO 10,461.000 42,3»0.000
18,874,000 16,860.000 80.234,000 18600 000 14,128,000 27.723 000
15,447.000 1,785,000 17,182,000 16.408.000 1.401,000 16.8l-0.UOO
4,878.000 5,651,000 10,429,000
8,660.000 5,866.000
9.518000
2.8 5,000

1,487.000

4,312,000

2,96:!,0O0

1,482.000

repeal

it,

so

far

at

least

as

it

bears upon, that

is,

the loans of the larger banks or banks in leading cities. Very likely the smaller classes of institutions are benefited by the visits of examiners and by this

affects,

4,445,000

Tot.thls week 298,fc07,098 90,188.621 898,01-5,719 284,706,187 07,83L970 382,038168
Tot. prev. w'k 204.674.lb8l 98,190,611 892.778.769 284.550.853 97.142.093 »R 1.692,948

or less neglectful of the ordinary methods

for

of bullion

European banks.
Nov.

Bank

quieted.

Out of
Banks.

Into

And why

should it not be so? Can the examination be of any use unless it is? And being so,
does not the system tend to deceive outsiders, while
making directors and officers less alert, rendering

:

Banks.

Banks Interior movement,
8 nb-Treasury operations

banks.

Net Interior
Movement.

N. T. Banks. N. T. Banks.

Week Ending Nov. 30,

of

'

restriction; but

we think

it

should not include in any

La

December

1,

THE CHKONICLE.

1900.

09L

The

Comptroller's proposed made June 29 1900 showed that of the 28,709 directunderstand,
amendment we do not quite
as we have ors in the national banks of the country 18,534 were
not the full report before us as we write. But so directly or indirectly indebted to national banks un-

shape the larger banks.

developed in the portion of the der their management. Before we could give any force
report we have, his suggestion is clearly in the direc- to the first of above allegations, we shall have to learn
tion of reform.
Its object is evidently to widen the where the banks were situated that failed and their
In addition to those facts it aids the judgment
limit of loans which the larger banks may make. The size.
present limit of 10 per cent of the capital he shows to know that 17 per cent is about 10 banks out
is obviously absurd.
He states that this limit when of the 62, the total number of the year's failfar

as

it

is

applied to the 3,400 banks of the smaller communities of the country as a whole would allow the loaning of 1 "56 per cent of their total assets to one indi-

That number
does not seem to us to
ures.

is

by

establish

which

for a restrictive law,

no

means

large

and

a condition calling

restrictions

if

they had

vidual; whereas applied to the banks of New York any force would require a penalty to be attached.
City they could not loan on the average over 57 100 of Then note what an extensive piece of business this
Take the list of bank
1 per cent of their total assets to one individual, the legislation would disturb.
banks of Chicago could not loan over 70-100 of 1 per directors in this city and observe what a vast amount
cent, the banks of St. Louis not over 1*21 per cent of capital the names represent, what a body of men of
and the banks of the other reserve cities not over 1*10 practical knowledge in affairs the list contains, and
per ceat of their total assets. In other words, the what a volume of deposits the banks now control
portion of their assets which the country banks can would be affected Mr. Dawes says that the aggregate
loan in strict compliance with Section 5200 to one in- sum owed by these 18,534 borrowing directors and
vidual is 46 100 of 1 per cent greater than in 266 re- the 2,279 officers and employes who were not directors
serve cities, 35-100 of 1 per cent greater than in St. was $202,287,441, "or 7'75 per cent of the total loans
Louis, over twice as great as in Chicago, and nearly and discounts of the national system."
As those
three times as great as in the city of New York. figures cover the whole country and as the total loans
Any relief, however, the Comptroller's amendment September 5 1900 were $2,686,759,642, the amount the
would confer would be more than offset by the "strict directors, officers aud employes had borrowed seems
and not at all suggestive of
penalty enforceable by the Comptroller," which he very moderate
solicitude.
The Comptroller further says that
claims should also be provided.
!

We

are unable to agree with the Comptroller in his

"many

of

these

directors'

loans

are

among

safest
owned by the creditor banks." It
must
their directors and executive officers; and it seems to
not be supposed that the Comptroller's plan
us that the facts he himself brings out disprove the contemplates any severe or drastic measure.
His dewisdom of his purpose. Our remark has no reference sire, he says, is for a law that should " primarily have
to small banks.
Now that the national law has been in view the safety of the depositors," but which should
amended so as to authorize institutions to be organ- " recognize that their safety is as much endangered
ized under it of only $25,000 capital, so far as restric- by the passage of a law which would drive good ditions are in any respects necessary two
or more rectors from the service as by one which does not
grades ought to be adopted in the sections relating sufficiently restrict the opportunity of dishonest dithereto.
This is an idea that fits a condition rectors to abuse the powers of their position." We
Congress will soon have to take cognizance of. Those think the Comptroller is unnecessarily alarmed, that
little institutions are in some cases organized, not as his undertaking is much more radical than he imaga public benefit, but to collect deposits for a purpose. ines, and that the most expedient way to guard
Moreover they are infants in the business and very against the evil he fears would be to confine such leglikely need swaddling bands.
We have nothing to say islation, if there is to be any, to small banks.
on that subject. But so far as the proposal relates to
There is only one other proposal of the Comptroller
our larger banks, we think that if enacted it would be we need to notice, and that is a change in the law so
a decided step backwards.
Why should our directors as to strengthen the cash reserve a change which we
and officers (who are and ought to be the largest cap- think is very desirable. The least defendable proitalists and most public-spirited men we have) be shut vision in the National Act always has been that it alout from procuring money from the banks with which lowed banks to consider as a cash resource a deposit
they are connected. The answer, we presume, would in another national bank at a reserve city. As a conbe the assumption that they would prove more lax in sequence, although this deposit is in reality a loan,
judging and accepting the collateral offered by them- and the depositing bank is paid interest on it, and alselves as applicants for a loan than they would that though the money after being thus transferred soon
offered by outsiders.
There is no support for that gets into the loan column of the reserve agent, the
bank that made the deposit is allowed all the time to
assumption; besides, most of the banks have a gen
eral rule regulating those subjects.
The larger call it cash and count it in its reserve. The total re~
banks and nearly all of those in the larger cities are serve requirement under the law in the reserve
officered and managed by men who are better equipped cities is
25 per cent of the deposits and for
for their positions and duties than any others that can banks outside the reserve cities it is 15 per cent;
be found in the United States. The wisest course, under the
law as it now stands one half of
therefore, and the most advantageous for the budness the reserve of the smaller reserve cities can be
and for the enterprises of the whole country and for kept in the larger reserve cities, and three-fifths
their own institutions is to leave the matter to their of the reserve of banks outside the reserve cities, that
-is 9 per cent, can be placed in a bank in any reserve
own judgment for settlement.
But, says the Comptroller, 17 per cent of the failures city. Hence (confining our remaiks to banks outside

proposal to restrict the loans of banks as

now made

to

the

—

year are attributed to excessive loans to directors
and officers. Moreover, he adds, an investigation

last

the reserve

cities), in

case the entire cash holdings

have dropped to the limit of 15 per cent, and the

full

THE CHRONICLE.

1092
9 per cent

is

in the hands of the reserve agent, there

[Vol. LXXI.

data already issued from the Census

office,

such a very

would be only 6 per cent of cash left in its own vaults
to meet current demands and to respond to its depositors' calls at any unexpected crisis.
Of course,
during any ordinary period and on almost any
extraordinary occasion, the reserve agent would be
able readily to meet every call from its depositor bank.
But there have been occasions when the funds of a
depositing bank in the hands of the reserve agent
have become less quickly available. Keserves are de-

approximation to the actual figures is possible
that in any broad generalizations and deductions the
likelihood of further slight changes may be altogether
disregarded.
Some few weeks ago a preliminary
statement was given out showing the number of inhabitants by States, and since then bulletins presenting in detail the enumeration for all but three of the
States and territories have been prepared.
For the
purposes of the present article we have combined the

vised not to answer the every day requirement but to

two, substituting the later revised figures for the

close

meet the extreme emergency; and an arrangement of earlier estimates, and in this way have obtained a new
that kind that may break down on any occurrence of total which cannot, at the outside, vary more than a
the contingency it was made to meet, is evidently few thousand from the correct aggregate.

At the outset one is struck by the fact that the
There is another way in which the system as it now number of inhabitants in the country falls considerexists helps to derange banking business. The Comp- ably below the estimates of the public authorities.
trollers remarks are almost wholly confined to it; we The careful and elaborate computations made in the
cannot think the situation he describes would be cor- Government offices at Washington, on which the
rected by reducing the percentage of the reserve that calculations of circulation, &c, per capita are based,
could be kept at the reserve city. That procedure, had pointed to a total of about 77f millions. The

defective.

no doubt, would be in the direction of greater stabil.
But Mr. Dawes assumes much more than that;
he claims that the plethoric state of our money market
from time to time and the speculation such a condition
fosters are due to the feature of the reserve law described, and that consequently those unwholesome conditions would be checked and removed if the law were
changed as he proposes. We fail to see the force of

ity.

actual aggregate
millions
tables

is

found

we present

to-day.

If

for 1900 with the less than 63

1890,

shown

much

over 76

we compare

this total

be not

to

—in exact figures 76,081,280, according to the

and with the but
in 1880,

it is

little

millions

reported for

more than 50

millions

evident that population in the

United States is still increasing in a very noteworthy
and in fact an imposing way. Still more does this
that idea. Money gathers at thia centre because it is truth become obvious when we go ten years further
at the moment out of employment elsewhere, and be- back and find that in 1870 numbers were given as
cause it can get employed here. It should be remem- only 38,558,371, indicating that in thirty years popubered that it is when money is abundant all over the lation has almost doubled.
country and when the crops have been moved, that it
Those accustomed to dealing with statistics, of this
collects here.
Moreover, that it accumulates and be- sort, however, will readily recognize that such comcomes plethoric and stimulates speculation in New parisons are not in themselves necessarily conclusive.

when the reserves everywhere are much As a matter of fact, in the present instance, if we
beyond the limit. The interior banks do not get rested there, we would miss the main point which indown to the 15 per cent limit until the tide has telligent examination of the returns discloses. When
turned, money has hardened and speculation is on the the figures are dissected it quickly appears that de-

York

at a time

wane. A periodic congestion at this monetary centre
is consequently not caused by the reserve provision ;
in the fact that our currency is fixed
it lies
in amount, the bank currency as well as all other,
Hence when it is out of
as we have often shown.
occupation in the interior, it is not returned to the
issuer and held for another return of activity, but is
kept in circulation, and must, therefore, gravitate to-

spite the really striking

augmentation which has oc-

curred in the number of inhabitants, progress has not
been as satisfactory the last two decades as appears
from the face of the returns. The test usually applied
in such analyses, and universally accepted as furnishing the best guide, is to compare the rate of growth
On that basis the
in the different decennial periods.
showing is altogether different from what the large
additions to population would lead one to suppose
wards that center where a use can be found for it.
But difference on that point is not important in had been the case. In brief, the ratio of increase
determining the need for a change in the reserve during the last ten years has been only 20*85 per
provision.
We think the Comptroller's proposal to cent, as against 24*90 per cent in the previous
amend that section in the manner suggested is for ten years, 30 70 per cent in the ten years before, and
many reasons desirable, and most of all because of its 35*58 and 35*87 per cent, respectively, in the 1850-60
The percentage falls below
effect on the reserves of the larger reserve cities, and the 1840-50 decades.
for
1860-70,
which covered the period
the
ratio
even
a feature which we have not space to develop to-day.
of the Civil War, when so many persons were killed in
CENSUS FIGURES OF
battle and when the birth rate was diminished beTl
SHO W.
cause of the withdrawal of such large bodies of men,
Study of the U. S. Census returns of population, for the time being, from family life. The ratio for
as recently made public, reveals some noteworthy the decade referred to, in face of the adverse condiFor the last
features which have not yet attracted the attention tions mentioned, was 22*63 per cent.
they deserve. These features relate to certain char- ten years, we have already seen, the addition was but

WHAT THE
POPULA

ON

growth in popula- 20*85 per cent. Indeed, this last percentage is the
tion which are of the highest importance in their smallest for any decennial period in the entire history
bearing upon the probable extent of future addi- of the country since the first Census»was taken in
tions and the continued maintenance of a high rate 1790.
When we have reached this stage of our investigaof growth;
We may observe that the final results of

acteristics

and tendencies

in the

the 1900 enumeration are not yet known. But from the

tion the

necessity for

pursuing the analysis a step

Decbmebr

THE CHKONICLE.

1, 1900.]

further, with the view to seeiDg

the rate of growth

is

how

the falling

to be accounted

off in

for, stands

1093

percentage basis, the increase
by reproduction in the late decade was 14*68 per cent
and for the previous decade 14*48 per cent. This
compares with 23*41 per cent for 1870-80, with 24*38
per cent for 1850-60, with 25*83 per cent for 1840-

them

ing

a

to

Population increases in one of two
ways either by immigration or by reproduction in
excess of deaths.
The immigration movement in the
Tbat there
late decade we know has b<?en on a reduced scale. In 50, and with 28*02 per cent for 1830-40.
the previous decade, on the other hand, this should have been during the last decade no appremovement was of extraordinary and of unprece- ciable increase over the low rate of growth recorded
smaller
rate
the
of in the previous ten years is, in view of the tremendentei
dimensions.
If
entirely referable dous influx of the foreign element, who are notoriously
growth
in
were
population
to
that
would possess little fruitful (the addition by immigration since 1870 havcircumstance, it
significance, and besides would furnish little occa- ing reached, roughly, 12,000,000 people) is to say the
We give the results below in
sion for regret. There has been a distinct deteriora- least quite remarkable.
will
It
be observed that whereas the
tion in the character and racial composition of the tabular form.
immigrants arriving in this country during the last increase by reproduction during the last two decades
clearly revealed.

—

twenty years, and such accessions to population are
no longer hailed with the unalloyed feeling of satisfaction which was the case earlier in the country's
history, when the immigrant was of a much higher
type.
It is also a question whether the immigrant
additions, in view of their impaired character, are not
proceeding quite as fast even at the reduced rate as is
for the moral good of the country.
We have made careful compilations from the Government returns, and from these it appears that the
immigrant arrivals for the ten years ending June 30
were 3,894,075. For the previous ten years the num.
ber was 5,246,613. Here, then, is a loss of 1,352,538.
To that extent the contraction in immigration explains the shrinkage in the rate of growth in population; but after all, the loss on that account forms only
a small part of the total loss.
While the immigrant
arrivals fall so much short of the extraordinary movement of the previous ten years, they are with that
single exception' the largest ever reached in any decen
nial period.
If these immigrant arrivals had equaled
those of 1880-90, the rate of growth in population

has been only 14*68 and 14*48 per cent, respectively,
even in the war period between 1860 and 1870 the

per sent, and if the contention that
the 1870 Census was below the mark to the extent indicated above is correct, the rate in that period must
have been fully 20 per cent. The decline to the
rate was

15*27

present low basis
are operative

is

indicative of the conditions that

to reduce the ratio.

The country has

experienced no pestilence or had an excessive death
rate, and hence the decline must necessarily follow

from a diminished birth

rate.

INCREASE OF POPULATION BY IMMIGRATION AND REPRODUCTION.
Increase

Each Ten

Tears.

Population
Years.

Each Tenth

Total

Year.

Increase.

Of which by

Immigration.

P. Ct. Increase Each Ten Trs.
Total

Of which

P'cent'ge by
Increase.

Leaving

Immi- Increase

gration.

by Reproduction.

1840..

17,069,453

4,203,433

599,125

32-67

4-65

28-02

1850...

23. 191,876

6,122,423

1,713,251

35-87

10-04

25-83

1860

..

31,443,321

8,251,445

2,598,214

35-58

11-20

24-38

1870...

38,558,371

7,115,050

2,314,824

22-63

7*36

15-27
23-41
14-48

1880...

50.395,919

11.837,548

2,812,191

3070

7-29

1890.

62,947,714

12,551,795

5,246,613

24-91

1041

J

14-68
6*18
1890-1900 instead of being, as we now find it, 1900... 76,081,289
13,133,575
3,894,075
2086
20*85 per cent, would have been 23*01 per cent. And
yet, even at this higher figure, the contrast with preNo one will urge that the smaller birth rate reflects
vious decades would be only a trifle less striking than a diminishing fecundity on the part of the population.
at present.
The ratio of addition would, even then, O a the contrary, it means that modern conditions of
be but little better than that for the war period, life have made large families more and more difficult

in

1860-70, which

,

we have already shown was 22

63 per

to maintain,

and

also reflects the increasing aversion,

and barring that would be lower than in any especially on the part of the feminine portion of the
previous decade since 1790. Admitting, as was con- community, to be burdened with children. Except
tended by the Census authorities at the time of the among the humbler classes, small families are now the
1890 enumeration, that the general law governing the rule. What a change this is from the past will be eviincrease of population is, that when not disturbed by dent to the reader when he recalls that his father's
extraneous causes, the increase goes on at a diminish family was much larger than his own, and his granding rate, the drop which has occurred during the last father's family still larger.
It should be remembered
two decades intherateof growth is of such dimensions that for any couple to contribute at all to the increase
that it must be considered exceedingly noteworthy.
in population they must have (allowing for their own
As the reason for the diminished rate of growth in deaths) at least three children. Let any one stop to
population is to be found only in small degree in the think how many couples there are among his relatives,
falling off in immigration, the explanation must obvi- friends and acquaintances, except those in the lower
cent,

the increase by repro- walks of life, who fulfill this requirement. Certain
duction in excess of deaths. Here the results are very writers have on occasions urged the necessity of putsignificant. Eliminating the immigrant contributions, ting a limit on the increase in population by reprothe increase by reproduction in the late decade was duction, though confessing themselves baffled as to
apparently 9,239,500, which compares with 7,305,182 the means to be employed to enforce such limitation.
in 1880-90, and with 9,025,357 for 1870-80.
It is The analysis we have made above proves that without
ously be sought in a decline in

proper to say that this last-mentioned figure has extraneous aid a process of limitation is being carried
always been believed to be greatly in excess of the on by the population itself. Owing to the attractions
truth.
The 1870 Census was grossly defective in the which this country offers to settlers from foreign
enumeration in the South, some contending that fully lands, we are in no danger of reaching the situation
1,500,000 persons were omitted from the list, thus faced by France, where population remains stationary;
giving an exaggerated increase in 1880.
Taking but it is obvious that the disinclination to childthe results, however, just as reported, and reduc bearing and child-having
which characteriz3s so

i

10*4:

many members

of

nn

unnujji ±uLi K.

the community, is a condition
part in controlling the future

which will play its
growth of population.

[Vol. LXXI.

NORTH CENTRAL
Slates

and

,

1900.

Ohio
Indiana

wish to present as a

Increasebetween Increase between

«

,

Territories.

DIVISION.

Population.

4,167,545
2,616,462
I'ltnois
4,821,650
Michigan
2,420,H82
Wisconsin
2,068,963
Minnesota.... 1,761,394
Iowa
2,231,853
Missouri
3.10-.6S5

1880.

1890.
8.672,329
2,192,404

19C0andl89\ 1880 and 1890.
Number. P. Ct. Number. P. Ct.

3,198,062
1,978,301
3,077,871
1,647,078
1,3/3,134
786,971
1,624,970
2,168,380

8,82n,:-<52

485,216 18-21
324,058 14-78
995,193 26 00
327,092 15 62
375,633 22-17
441.111 38-66
319,556 16-71
427,480 15-96
1*8,163 67-05)
52.970 15"17$
'53
6,883
2 90
42,387

Before closing our article we
2,(93,890
1,693,830
the
show
to
table
and
record
information
a
matter of
1,310,283
1,912,297
2,679,186
changes in population which have occurred in the
No Dakota.... 319,146
1*0,983)
2 <Ufi$
1 0«.»*°
So. Dakota....
4ol,670
348,600
\
various States and Territories during the last two dec- Nebraska
1,' 68.539
1,0'2,666
456,708
Kansas
1,470,495
1,428,108
996,780
ades.
The influences affecting the movement of
Total
26,335,164 22,410.417 17,420.600 3,924,747
population from one part of the country to another
CENTRAL DIVISION.
,fl

J

-

17*60

474,967
214,103
748,481
446. 8i2
370,196
523,312
287,327
510,806

1483
10-82
24-32
27 12
27-&7
-

6649
17-68
23-55

o,,,^,,^,
o77,*l»
Z6t 37
605,948 132 67
431.328 48-27
4,989,817

28-6*

209.945
225,159
260,896
158,003
178,642
648,778

1273

SOUTH

more numerous and a great

are of course a great deal

more complex than those affecting the aggregates
But so far as deductions are
for the whole country.
possible, they are in harmony with the conclusions
reached above. It is of course no surprise to find a
great falling off as compared with the previous decade in the rate of growth in the North Central
deal

Division, comprising the tier of States beginning with

Ohio and extending as far west as Kansas, Nebraska
and the Dakotas, nor to find a still larger falling off
in the Western Division, comprising the States extending west to the Pacific Ocean. There was no
such amount of new land open to settlement in the
Nor
latter decade as there was in the earlier decade.
is there anything strange in the circumstance that in
the South Central Division, of which Texas and Oklahoma form a part, the rate of growth was materially
enlarged. This part of the country received during
1890-1900 much of the influx of that class of settlers
who, during the previous decade, made their way to
the West and Northwest.

A

very significant fact, however,

last ten years

the increase in the

is

that during the

number

of inhabit-

ants in the North Central and the South Atlantic
divisions was, respectively, only 17*50 and 17*92 per

Kentucky

2,147,174
2,020,6 6
1,828,697
Mississippi.... 1,651,270
1.33 '.625
Louisiana
Texas
3,048,710
Indian Ter....
891.960
Oklahoma
398,245
Arkansas
1,311,564

Tennessee
Alabama'

1,858,635
1,767,618
1,613.401
1,289,600
1,1 18.588
2,235.527
180,182?
7H.475 J
1,128,211

Total

14,079,86111,170,137

Montana

142,924
62,665

1,6* 8,690
l,54v!,859

1.262,505
1,131,597

939.946
1,691,749

rmnazS
76,6»o|
802,625
8,995.956

WESTERN
243.329
Wyoming
92,531
Colorado
639.700
New Mexico... 195,310
122,212
Arizona
Utah
276,749
42.335
Nevada
161,772
Idaho
Washington.. 518,103
413,638
Oregon
1.485,053
California

Total

4,090,630

288,539 16-52
26H.0H8 14-32
815.2W6 20*83
271,670 21-07
2*3,037 23-51
813,183 36-48
211,778 117-53)
309,77u t9i"7S f
183,353 16-25
2.909,724

100,405
29.976
126,451

1H.017

3%028

160,282
88,^43
210,779
47.355
88,548
357,232
317,704
1,213,398

59,146
144,113
69,066
3*,030
89,305
179,323
868,802

154,001

325,686

40-58

26*04

2,174,181 "ikTlO

70-22
47"91
30-69
2.*85

82,115 13503
39.703 173-74
216,392 109-92
17.265 1207
29 097 49*19
66,366 4596
*21,711 *31"44
62,518 146-77
267,927 800-00
138,381 77*17
344,596 39*66

3,102,269

1,889,620

33,969 3860
65.W70 31-29
*5,020 »10'60
73.224 82-69
160,*71 46-03
95.832 30-16
271,665 2238

983,361

TheU.Statest76.08i.239 62,947,714 60,395,919+13,138,675
11.H48
44,000
82.052
Alaska
33.426

Hawaii

,.
ao mo „„-.,
Z37 74
184.074
n

DIVISION.

60.819
22,852
196.857

413,v!49

14-60
19"87
18-96
19-01
40"44

89,990

64,011

31-85

1.282,649

65-93

20-86 12,651.796 24-90
*1*374 *4-ll
35*72
71-13

+ Including 84,400 persons in service of the U. S. abroad.
Note.—The United States Census in the returns for 1900 has adopted the
practice of including Indians and Whites on Indian reservations in the total of
population and distributing the same among the States where such persons may
be located. In order to make the comparison with previous Census periods correct, we give the figures for 1890 and 1880 on the same basis. The change adds
325,464 to the total of population for 1890 and 240,136 to the total of population for 1880.
*

Decrease.

LIABILITY OF DIRECTORS OF
CORPORATIONS.
The Court

of Appeals of this

NEW YORK

has recently
rendered an important decision bearing upon the
liability of directors

of

State

New York

business corpora-

mortgage creditors for failure to file the
cent, whereas in the North Atlantic division it was annual report of the company as required by statute.
20*89 per cent. The North Atlantic division contains It will be remembered that Section 30 of the Stock
the great manufacturing States, where not alone man- Corporation Law (Chapter 688, Laws of 1892) deufacturing growth provides employment for constant clares that if such annual report is not made and
additions to the population, but where the inhabitants filed, "the directors shall jointly and severally be pertions to

persons in the lower walks of sonally liable for all the debts of the corporation then
life, among whom numerous children are the rule. It existing."
The Court of Appeals decides by Judge Landon
should not escape notice, either, that this North
(Judges
Parker, O'Brien, Haight, Vann and Cullen
Atlantic Division embraces also Maine, New Hampshire and Vermont, in which the increase in numbers concurring, and Bartlett alone dissenting) that the
There is no extensive foreign holders of bonds of a manufacturing corporation, sehas been only trifling.
element with large families in these States, and besides cured by a mortgage upon its real estate, are creditors
this there is a constant tendency among the popula- of the company within the provisions of the section
tion, on account of the sterility of the soil, to migrate above referred to, and that neglect to file the report
The following is the renders all the directors of the company in office at
to other parts of the country.
table referred to, containing full details.
To those the time of the dereliction jointly and severally liable
wishing to make a complete study of the subject, we personally to the bondholders for the principal and
would also refer the reader to an article on the popu- interest due and unpaid, even though the bondholder
lation of cities contained in the issue of our State has a separate remedy under the mortgage which has
not been availed of. The decision is very broad, and
and City Supplement for October 20 1900.
holds that the liability applies even in the
POPULATION OF THE UNITED STATES IN 1880, 1890 AND 1900. the Court
consist largely of

NOKTH ATLANTIC
and

r

1900.

Maine
N.Hampshire.

Vermo-t
Massachusetts

Rhode

Island.

Connecticut...

New York
New Jersey...

Pennylvania..
Total

Increase between Increasebetween
1900 and 1890
1880 a?.d 1890.

Population.

States
Territories.

1890.

case of a

DIVISION.

1880.

Number. P.Ct. Number. P.

694,168
33,881
661,088
648,936
346.U91
411,688
370,630
35,058
343,641
332,422
332,286
11,219
2,806.346 2,2:J8,947 1.783,086
666,399
428,666
846.606
83,060
276,631
908,365
162,097
746,258
622,700
7,268,0.2 6,003,174 6,088.010 1.26 1, »38
1,883,669 1. 444,983 1,131,116
488,736
6,302,115 6,258,113 4,282.891 1,044,00^

21,045.748 17,406,969 14,612,546

3.638,779

6-05

931
8-37
25-29
24-04
21-72
21-06

12,150
29,689

Ot.

1 87

861

136

•04

3U36
1985

455,862
68,976
123,668
916,164
818,817
976.222

26-67
24-94
19-84
18-00
27-74
22-77

20-89

2,894,423

19'95

184,735
1,190,050
Dist.Columbia 278,718
Virginia
1,854.184
West Virginia. Kr.8,800

168,493
1,0*2,390
230,392
1,666,980
76-^,794

NorthCarolina 1,893,hio 1.617,949
SouthCarol.na 1,340,316 1,151,149
Georgia
8,218.381 1,^37,353
Florida
628 642
891,422
Total.

.10,416,486

8,867,922

146,608
934,943
177,624
1.512.6H5
618,4 57
1,399,760
995,577
1,542,180
26^.493

16,242
147,860
48,326
19H.204
196.016
275,881
189,167

7,697,197

8-64
14-16

2097
11-97
X6-69

1706

21,885
107,447
52,764
143,415
144,337
218.1H9
156.672

14-93
11-49
29-71

9 48

who may come

1669

16-48
20-62

187,120

36 08

121,929

1R-68
19-14
46-24

1,587,564

1792

1,260,725

16-69

into office sev-

years after the mortgage has been created, and

new member of the board
with the old members of the

tinues for several years a

becomes jointly

liable

defaulting board.

It

also

holds that the fact

that the bonds were purchased by the plaintiff from a
director (as happened in this instance) who was in de«

28-3t

378 978

29M73

director

though the bonds issued thereunder may not become
due until a fixed date some years in the future.
The Court says the liability is for debts then existing,
whether due or not, and that where the default con-

new

SOUTH ATLANTIC DIVISION.
Delaware
Maryland.

eral

new

fault at the time of the purchase,

and who could

not,

enforced the penalty against his codirectors, does not affect the bonds in the hands of
therefore, have

;

December

THE CHRONICLE.

1, 1900. J

1095

him of the remedy which the include them. They

the purchaser or deprive

are

no

less debts

because secured.

"The statute gives to private corporations special
the owner of ten bonds of franchises and privileges. As the corporation itself
$1,000 each of the Franklin Iron Manufacturing Com- can have no sense of legal obligation or of common
pany, which h6 purchased in January 1884 from Eric honesty or fairness, the statute makes an attempt to
statute gives.

Amos W. Morgan was

L. Hedstrom, then and until his death in October 1894

under penalty of personal liaa director and the President of the company. Neither bility, to communicate to the public such information
the company nor any of its directors ever filed any about its assets and liabilities as may be useful to its
annual report. As director, Hedstrom was in default creditors. The extent of this information and of the
in filing the report at the

time of his sale of the bonds,

and hence could not enforce the penalty against his
co-directors.
It was contended by the defendant
directors that Morgan, as purchaser, stood in the
shoes of Hedstrom, and hence could not recover
against them. The Court disposes of this claim by declaring that Morgan succeeded to the title of Hedstrom to the bonds, but not to the penalties and disabilities consequent upon his personal nonfeasance as
a director of the corporation.
Such nonfeasance did
not affect the salable quality of the bonds themselves,
nor, as already stated, deprive Morgan, in his character as creditor of the corporation, of the remedy
accorded by the statute.
The ten bonds upon which Morgan recovered judg
ment were part of a total issue of $120,000, bearing
date December 1 1883, with interest payable semiannually.
The bonds fell due December 1 1893, but
were not paid, and the mortgage was not foreclosed.
It was contended on behalf of the directors sued that
bonds of a corporation issued upon the security and
credit of a mortgage upon the corporation's real estate
are not within the meaning and intent of Section 30
of the Stock Corporation Law, and therefore not
within the Section itself that there is no need to file
any report for the information or protection of creditors thus secured ; that the purchaser knows
the
nature of his security and accepts and relies upon it
that if the bonds are not paid, he has his recourse to
the mortgage ; that the statute is penal in its nature,
and was framed for the benefit of those dealing with
the corporation and giving it credit, or further ex;

.

tending it in the ordinary course of business. The
Court refuses to accept this view, but endorses the
argument of the [plaintiff who rests his claim upon
the Section itself, which embraces " all the debts of
the corporation then existing," thus including all and
excepting none.
It had been urged that the right to mortgage the
property of the company was given under a separate
and distinct amendment of the original law and that
the requirement of an annual report could not have
been intended to apply to a mortgage indebtedness.
The Court points out, however, that it is a settled
rule of construction that an original statute and all
its amendments must be read together and viewed as
one Act passed at the same time. Besides, the whole
matter was revised and re-enacted in the Stock Corporation Law of 1890, and presumably if this particular exception had been overlooked in the previous
enactments it would then have been inserted. In
Bank of Metropolis vs. Faber (150 N". Y. 200) the

Court held that the later Act declares the legislative
policy in regard to the various laws embraced in the
revision made by it, and that Section 30 was but a
continuation of prior laws. There are not lacking
some considerations, Judge Landon urges, tending to
show the propriety of including debts secured by
mortgage within the class covered by Section 30, and
thus affirmatively supporting the legislative intent to

compel

its

directors,

penalty for withholding
cognizance.

The

it

provision

are purely of legislative
is

remedial, and,

if

neces-

should be liberally and not narrowly construed,
so as to embrace the debts within the language of the
Act, however strictly construed as to the acts of the
sary,

directors constituting their alleged default, or as to

the evidence of the debt of the corporation."

With reference
ants, the

to the liability of the various defend-

Court points out that Arthur E. Hedstrom

was elected trustee in June 1895, and his default in
filing the report occurred in January 1896, and his
liability to the penalty then attached because the
debt was " then existing." As to the other directors,
the liability attached in the same way but much
earlier, since they were directors earlier.
The penalties provided by the statutes are not cumulative,
but they were incurred with each failure to make the
required report. It would seem, therefore, that considerable personal risk attends neglect

to

comply

with the provisions of Section 30 of the Stock Corporation Law in the matter of making a report.

ITEMS ABOUT BANKS, BANKERS AND TRUST CO'S

—The sales of bank

stocks this week aggregate 938 shares,
which 10 shares were sold at the Stock Exchange and the
balance at auction. The sales of trust company stocks reach
of

a total of 72 shares, all sold at auction. Sales of National
City Bank stock at 411 record an advance of 10 points over
the price paid last week and a sale of 50 shares Mercantile
National Bank shows a gain of 14 points over the figure
obtained at the last previous sale, in October.
Shares.

Banks—New

York.

Price.

307-312^4
50 Chatham National Bank
135 Citizeus' Bank, National
147
*50 City Bank, National
406-411
9 Commerce, National Bank of.. 262
367*4
45 Corn Exchange Bank
128*4
63 German-American Bank
420
15 Hanover National Bank
150 Mechanics' National Bank.... 211
50 Mercantile National Bank.... 215
20 Merchants' National Bank.... 176*e

Last
Nov.
Nov.
Nov.
Nov.
Nov.

Previous Sale.

1900—
1900—
1900—
1900—
1900—
Auff. 1900—
Nov. 1900—
Nov. 1900-

306
150
401
265
365
124
430
210*2

Oct. 19('0—

201
Nov. 1900— 175*9
July 1900— 175*9
60NassauBank
182k
5 North America, Nat. Bank of. 205
Oct. 1900— 205
429*3
Nov. 1900— 430*9
26 Park Bank, National
160 State of New York, Bank of the 141*8-141% Nov. 19 0— 140
May 1900- 124
100 Twelfth Ward
105

Trust Companies—New York.
50 Farmers' Loan & Trust
tlO Holland Trust Co
12 Union Trust Company
*
t

1428
50
1400

Oct.

19C0— 1413

Mar. 190 0—
50
Apr. 1900— 1404

this 10 shares were sold at the Stock Exchange.
Closing up business.

Of

—An

event of the week of importance, at least to the
patrons of the American Exchange National Bank, was the
removal of that institution to its new offices in the modernlyconstructed building located on the site of the old structure,
Broadway corner of Cedar Street, which the
bank has for so many years owned. That portion of the
edifice which is devoted to the uses of the bank has been
especially designed for the convenience of the customers and
of the employes, and ic is one of the most artistically arranged and elegantly appointed banking offices in the city.
The executive offices are on that portion of the floor fronting on Broadway, while the principal departments with
which the customers of the institution have to do are on the
Cedar Street side of the building, affording all the conveniences of light and ventilation. The basement floor and the
fourth floor of the building are devoted to the minor
clerical force of the bank, and in the rear of the apartment
in the basement are the vaults of the institution. These
are amply protected by every modern device, and they
are secured by an elaborate system of combination locks,

THE CHRONICLE.

1096

[Vol. LXKI.

holders of the Central RR. According to this contract the
road would go into the possession of the Federal Government on January 1 next, the purchase being made on the
mainder of the clerical force of the bank, which, it may following basis: For each share of the Central road of the
be noted, numbers one hundred and forty employes, is par value of 500 francs the Government is to give in exchange
accommodated on the fourth floor of the building. Every a title of the Government, bearing 30 francs rent a year. After
portion of the structure not devoted to the purposes of the a certain number of years the Government has the right to
bank, •with the exception of the second floor, has been buy back these titles for 750 francs cash apiece, and a certain
rented. The Pennsylvania Railroad Company, the Rand amount of the surplus is each year set apart towards a fund
Drill Company and the Long Island Railroad Company have to provide for such redemptions. The bonded debt of the
suites of offices in the building, while other apartments are road will pass over to the Government, which will in future
rented to lawyers and to occupants engaged in other busi provide for its service, and in this way no cash or new loan
ness.
Access to the upper floors of the edifice is obtained will be required to make this purchase.
by means of elevators at the Cedar Street entrance.
The Corn Exchange Bank has in contemplation the estab-

as also by the vaults being located in the centre of the
floor, and therefore capable of being under constant observation at all times of the day and night, The re

—The

—

anniversary of the establishment of the wellknown banking house of Hallgarten & Co. occurs to-day,
and the members of the house have been receiving congratulations from their friends upon the notable event.
The
fact is recalled that the firm has occupied its present location, 28 Broad Street, corner of Exchange Place, for thirtyseven years. The firm was organized in 1850 by Lazarus
Hallgarten and Joseph Herzfeld. The only survivor of the
old firm is Charles Hallgarten, who is a special partner, and
resides at Frankfort- on the-Main. The other parners are
Seigmund Neustedt, Henry Budge, Alfred R. Pick and
Edwin C. Philbrick, the latter of whom w as brought up
in the house, serving for forty-seven years, in all clerical
positions, until he became a partner. Lazarus Hallgarten
died in 1876, and his son Julius, who was also a partner,
fiftieth

lishment of another branch bank in what is known as the
Cathedral Heights section of the city. Nothing further has,
however, been decided upon, even the precise location baing
still in doubt.
The Fifth Avenue branch of the bank, at the
corner of Fifth Avenue and Nineteenth Street, which is the
latest established branch, will be opened for business on

Monday.

—The Irving National Bank, which
move

to the coiner of

was compelled to reGreenwich and Dij streets in conse-

quence of the explosion in the Tarrant Building October
as noted in this department November 3, has returned to
old quarters corner of

Greenwich and Warren

29,
its

streets.

— A change of

ownership is to sake place in tha Drovers'
& Mechanics' National Bank of Baltimore. A controlling
interest in th9 shares has hitherto been held by the Union
died in 1884.
Trust Company of tae same city. Under a deal consum—The British Government announced on Friday an issue mated on Wednesday of this week the Union Trust Company
of £3,000,000 Exchequer bonds at £97 18 shillings. A London disposes of its holdings of 1,761 shares to a syndicate headed
cable reports that the bonds were twice over-subscribed.
by Mr. James Clark, the President of the bank. The price is
It was reported on Monday that an effort was being understood to be $250 a share, ex the dividend of $5 a share
made to secure control of the capital stock of the Bank of to be paid when tha shares are to be delivered on January 2,
New York, National Banking Association, through an offer 1901, so that the price obtained is really $255 a share. The
to pay $300 per share for one-half of the stock. It appears trust company, it is believed, originally paid $250 a share
that Charles D. Leverich, one of the directors of the bank for the stock. The stock was obtained when the company
and a member of the firm of C. D. Leverich & Brother, act- was organized last year, and the plan was to operate both
ing in a confidential capacity for certain large financial inter- the bank and trust company under one set of officers. This
ests, had addressed circulars to the stockholders of the bank arrangement, however, was not found practicable, and now

—

making the above-noted offer, the precise object of which the trust company has deemed it best to dispose of
was not disclosed in the circular. The capital of the bank is ings. The bank is a well managed institution, and
$2,000,000, the stock is widely distributed

and no single

in-

on its capital of $300,000. It3 gross deposits at
date were $3,596,105, and the bank then showed surplus

Cashier, J.

New York,

it having been organized March 15, 1784.
Alexander Hamilton, who took an active part in its organization,
was one of the first directors. The generally profitable busi

Miller.

ness of the bank

umns on August

indicated by the fact that since 1797 it has
paid two hundred and thirty-two consecutive dividends,
amounting to $16,191,694 75. It will be seen, therefore, that
the property is desirable not only for its intrinsic value but
for the historical interests connected with it. Since the
is

hold-

paying

10 per cent

The surplus and undividad profits of the
institution are $2,074,063, and the bank has been most conservatively managed, besides which fact it is conspicuous for
being the oldest banking institution in the city and State of
terest has control.

its
is

latest

The officers of the bank
James Clark Vice-President, L. Strouse
D. Wheeler, and Assistant Cashier, Charles S.

and undivided
are

in

:

profits of $347,450.

President,

;

;

—The Cincinnati Trust Company, which was incorporated
May last, and to which reference was made in these col-

Street,

25,

has opened temporary

near Fourth Street, Cincinnati.

offices at

Walnut

Mr. Nathaniel

S.

who was formerly connected with the Savings &
Trust Company of Cleveland, has been elected Treasurer and
Assistant Secretary of the new company. The other officials,
death of Ebenezer Mason, the President of the bank, Septem- as previously noted by us, are, President, W. B. Carpenter,
The
ber 21, th9 institution has been managed by John L. Riker, and Vice President and Counsel, Guy W. Mallon.
surplus
of
$100,is
and
the
bank
starts
with
a
stock
$500,000
the Vice-President, and no effort has been made to fill the
Keith,

—

rumor which though unconfirmed 000, $120 having been paid in on each share of $100. The
is believed to have good foundation— was current on Tuesday shares are now quoted at 121%.
to the effect that the capitalists seeking control of the prop
A statement has been issued showing the growth of the
erty contemplate an absorption of the Western National Nineteenth Ward Bank of this city, located at Third Avenue
Bank by the Bank of New York.
and 57th Street, since Mr. Joseph J. Kittel became President
In our issue of November 3 we referred to the negotia- of the institution, about two years ago. On July 1, 1898,
tions then reported in progress for financing the railroads in the aggregate deposits were only $781,224; January 11, 1899,
Switzerland under a plan by which the railroads of that the amount was reported $977,985; May 14, 1899, there had
country are to be turned over to the Swiss Government. It been an increase to $1,272,717; February 14, 1900, saw the
was understood that bankers here were arranging for plac- amount up to $1,610,774; July 1, 1900, there was an increase
ing part of the loan required for that purpose in the United to $1,932,446, while the statement for October 8, 1900, shows
vacant presidency.

A

—

—

Cablegrams received this week have stated that
the negotiations, for the time being at least, had fallen
through.
From a letter which we have received from
one of our subscribers in Zarich it would appear
that in the case of at least some of the roads no
loan will be needed. This subscriber, writing under date of
November 15, states that a contract has been signed between
the Federal Government Department of Railroads and the
Central RR. of that countrv, which contract has, however,
to be approved yet by the Swiss Chambers and the stockStates.

that the two-million-dollar mark has been passed, the total
being $2,083,869. The officers of the bank are: President,
Joseph J. Kittel; Vice-Presidents, Peter Doelger Jr. and William Hoffman, and Cashier, Louis H. Holloway.

—Owing to the

death of the late George B. Hill, the firm of
George B. Hill & Co. of Pittsburg has been dissolved. A new
firm has been formed under the same name, the members of
which are William I. Mustin and John D. Nicholson, surviving partners of the old firm. The business will continue at
214 Fourth Avenue, Pittsburg.

DecEMBER

THE CHRONICLE.

1, 1900.J

1097

—

month of October, and they are given below in conjunction
with the figures for preceding months, thus completing
the results for the ten months of the calendar year 1900*
The imports of gold were of large volume, reachMr. Graham, who wa3 formerly Vice-President ing $4,405,386, of which $4,371,480 was in coin. Of silver
last July.
of the bank, is succeeded by Mr. Thomas W. Stephens, of there came in $225,822, of which $108,809 was bullion.
During the ten months there was received a total of
Messrs. Wilson & Stephens, this city.
—Mr. H. A. Schlotzhauer has been elected Cashier of the $17,816,505 gold and $2,345,235 silver, which compares with
American National Bank, to which we alluded on August $14,301,695 gold and $1,982,556 silver in 1899. The shipments
during October were $29,523, all coin, and the
25, and which is to begin business on February 1 next, at 23 of gold
silver have been $732,896, of which $523,698
exports
of
& 24 Eist Washingson Street, Indianapolis. Mr. Schlotzhauer was formerly teller of the Indiana Bank, with which was coin. For the ten months the exports of gold reached
At a meeting of the Board of Directors of the Bank of
Montclair, Montolair, N. J., Mr. BeDJamin Graham, of the
firm of Cayler, Morgan & Co. this city, wa9 elected President
in the place of Mr. Jasper R. Rand, whose death occurred

institution he

had been connected for ssventeen years.

—Mr. Rudolph

Ellis is to be

elected President of

against $2,440,584 in 1899, and $8,313,126 silver
was sent out, against $4,272,989 in 1899. The exhibit for
the
October and the ten months is as follows

and Safe Deposit Co., of Phila
delphia, at a meeting of the board of directors of that institution to be held to day. Mr. Ellis succeeds Mr. John B.
Gest, whose resignation takes effect to-day. A new VicePresident will also be chosen to succeed Mr. Charles AtherFidelity Insurance, Trust

the new President, has been
Acting Vice-President for a year past, and has had an active
career in the financial world. At a meeting of the directors
last week a resolution was adopted expressing regret at the
loss of the services of Mr. Gest.
ton,

Mr.

resigned.

Ellis,

—A new trust

company, the Ohio Trust Company of CoIambus, has just been incorporated in Ohio. Mr. John S.
President of the First National Bank of Gallipolis, Ohio, and formerly United States Bank Examiner, is
the leading spirit in the new company. The other incorporators are Orlando A. Miller, Frederick Lazarus, George W.
Bright, W. S. Court tvright, Julius F. Stone, C. R. Mayers,
Cashier of the New First National Bank of Columbus; Frank
Griffith and W. Guy Jones. The capital stock is to be
$200,0C0, in shares of $100.

Vance

Jr.,

$425,175,

:

IMPORTS OF GOLD AND SILVER AT

SAtJ

FRANCISCO.

GOLD.

SILVER.

MONTHS.
Bullion.

Ooin.
1900.
January...
February..

May
July

3,4ti2,225

April

9
22,316
8,152
41,294
14,284
22,644
30,379
38,468
21,128
27,322
33,906

$
3,312
70,008
6,356
2,274,300
2,477,261

Total.

502,780

August
1,705,035
Septembei ,683,855
October... 4,371,480

rot.lOmos 17556612

(Join.

Totai.

Bullioii..

9

$
9
25,628 55,571
78.160
2,562
47.650 18.197
2,288\584
7,178
2,499,90? 52,384
533,159
9,668
3,500,6^3 77,154
1,726,163 166,223
2,711.177 119,000
4,405,386 117,013

9
285,804

230,233
50.977
237,311
220,775
127,920
216,515
141,904
214,227
171,614
108,809

53,539^

255,508
227,953
180,304
226,183
219.058
380,450
290,614
225,822

259,893 17816505 624,950 1,720,285 2.345,235

EXPORTS OF GOLD AND SILVER FROM SAN FRANCISCO.
GOLD.

SILVER.

MONTHS
Bull'n

Ooin.

1900.

January

9
920
50

9
..

February..

—Gilbert G. Thome, the recently elected Vice-President of
the National Park Bank of New York, assumed the duties of July
August
his new position on Monday last. As stated in the Chron- September
icle of October 20, page 786, the duties of Mr. Thorne, who October...
was formerly Cashier and director of the Northwestern rot.lOmoe
National Bank of Minneapolis, will be principally to look
after the Park's increasing Western business.

104,490
190,043
14,860
3.910
7,818
11,153
6,775
32,485
20,578
29,523

1,600

421,635

3,540

mmmm
•

•

•««

•

-•••

970
....
....

Total.

Ooin.

9
105,410
190,093
14,860
3,910

9

9

133,190
255,556
377,366
195,255
295,938
250,70 i
486,231
803,632

9,418
11,153
6,775
33,455
20,578 1,295,996
29,52i
523,686

425,175

Bullion.

4,61":

284,407
426,045
239.315
252,593
508,200
572,6*0
419,232
449,100
334,732
209,300

,552 3.695,574

Total.

9
417,597
681,601
616,681
447,848
804,138
823,352
905,463
1,252,732
1,630,728

732,986
8,313,126

—

The United States Safe Deposit & Savings Bank of New
Orleans, formerly the United States Trust
Savings Bank,
has just completed extensive alterations in its headquarters
at 217 Camp Street. The officers of the bank are: President,
A. B. Wheeler; First Vice-President, Albert Baldwin; Sec-

&

ond Vice-President, Jules C. Denis; Third Vice-President,
R. E. Craig, and Cashier Jno. R. Juden.

—The

Federal Trust Company of Cleveland, Ohio, was
incorporated on Tuesday last with a capital of $1,000,000.
The incorporators are J. C. Gilchrist, President of the Coal
Iron National Bank of Cleveland
R. N. Pollock, Secretary and Treasurer of the Cuyahoga Savings & Banking
Co., Cleveland
Frank W. Hart, William H. Hunt, Charles
N. Sehmick, Charles W. Somers, Lucien B. Hall, George B.

&

;

;

Comey

Jr.

and Arthur L. Moore.

—Temporary organization has been

effected of the Provi.

dent Savings Bank and the Provident Trust Company of
Cincinnati by the election of the following
directors;
Richard Ryan, George Peck, M. L. Kirkpatrick, Judson
Harmon, David G. Edwards, John J. Sullivan and William
C. Williamson, all of Cincinnati; Stacey B. Rmkin, Cashier
of the Bank of South Charleston, South Charleston, O,;
Samuel D. Fitton, of Hamilton, O.; H. D. Critchfield, of
Cleveland and Mt. Vernon, O., and Harry M. Dougherty, of
Columbus and Washington C. H., O. Two separate corpo-

[From our own correspondent.]

London, Saturday, November 17, 1900.
There is a somewhat better feeling upon the Stock Exchange and there has been a slight recovery in several
departments; but business remains very slack and is likely
to continue so for the remainder of the year, owing to the
uncertainty of the money market, the protraction of the war,
and the troubles in China. Th? illness of the Czar is also a
deterring influence. It is hoped that he will soon be convalescent: but until he is quite well

engage in

new

few persons venture to

risks.

The condition

is likewise disturbing, and the
Weyler and the military party in Spain has
a depressing influence upon the Paris Bourse. The general

of Austria

activity of Gen.

impression is that the Carlists will not prove formidable,
that they have neither money nor leaders, and that the
party itself is much less numerous than it was 20 years ago.

There

much more

apprehension of military pronunciamentoes.
The military party ha3 attained too great an influence,
to the surprise of most people, so soon after the disasters of
the war with the United States; and unless the proposals for
an increase of both the Army and the Navy are rejected by
the Cortes, it is feared that Spain is about to rush again into
all kinds of extravagance; and as the holding of Spanish
securities of all kinds is very great in France, naturally that
rations were necessary owing to the provisions of the law foris an unpleasant outlook for French investors.
bidding a safe deposit and trust company to operate under
On the other hand, the belief is growing more and more
one charter. The incorporators, officers and directors are
general that the danger of serious troubles in Germany is
the same for both companies. Mr. Judson Harmon has been
now over. Slow liquidation is going on, and it is hoped will
elected President of each of the companies, which expect to
be carried through completely. At the same time, there are
begin business not later than January 15 next.
signs of a revival of speculation, which is rather disturbing
to more careful observers. Mr. McKinley's re-election is
everywhere in Europe expected to lead to a great outburst of
trade activity in the United States; and in Germany the imFRANCISCO.
pression prevails that a great improvement in American
Through the courtesy of the Collector of Customs at San trade will lead to higher pricas and higher wages, and thereFrancisco, we have received this week the details of imports fore will pnt a stop to the danger of keen American competiand exports of gold and silver through that port for the tion which was dreaded by the leaders of the industrial

IMPORTS AND EXPORTS OF GOLD AND
SILVER AT SAN

is

;

movement.

Consequently, there has been since the elections

a very marled

rise in industrial securities;

that in the iron and steel trades

more

and

it is

The

fears of trouble.

that the danger of
serious difficulties is over. There is a very great lockup of
capital, and many of the new companies have lost very
heavily, Fortunately, however, Belgian operators have been
able to sell on an immense scale in Paris and the buying by
capitalists still continues.

is

Owing

to this,

as follows:

London.

1

3 Months.

4 Months.

3 11-16

3 18-16

Nov.

8 4

3 13-16

"

8 16-16

much

activity in any direction.
fear of large shipments of gold to Paris and New
York, which was strong a week ago, is now very much less so.
It is true that there is still a good demand for gold in the

Bills,

Joint Din'tH's.
Stock At 7-14

4 Mos.

Banks

~H
iH
iH
4M
4M

4@4M
4@4M
4M

4
3 1E-16

Call

Days

2«
zw 2H
iH

ZH IH
2*

2U

The Bank rate

of discount and open market rates at the
ohief Continental cities have been as follows:
Nov.
Interest at

Bank

Bank

Open
Market

Bate.

Berlin

Nov.

16.

3

m.

5
5

45*

m

Bate.

Open
Market

3
5

3

3

3

4

3%

5

4

5

4

5
5
5

3^
3*
i%

3H

SH
3H
iH

nom.

6

.

&

Messrs. Pixley

Bank

2%

m
iH

5
5

3H

4M

.

Bank

4H

nom.

Petersburg..

Copenhagen

Open
Market

4

Vienna
St.

Oct. 26.

2.

Bate.

3
5

i

Nov.

9.

Open
Market

Bate.

4M
4*
3H

5

the Treasury is giving all the assistance required; but the
private Russian banks are in a very bad way. Credit has
received a shock and trade is poor. Moreover, the Russian
Finance Minister is unwilling to pay the rate of interest required to raise a large loan either in Paris or in New Yon?
and therefore it is thought probable that he will have to
part with a good deal of his gold. Still, the impression is
there will be gradual liquidation, and that no further great
difficulties will be disclosed.
Here at home trade is sound, credit is good and people
generally are looking forward to the coming year hopefully;
but for the next five or six weeks there is not likely to be

3Mos.
4

3 15-16@4
3 15-16

3 16-16® 1

navian countries.

Bu; respecting Russia there is more doubt. That there
will be no further great failures is generally believed, for

6 Months.

3%@4
3%

3-Js

10 4
17 i

Trade

Bills.

20 4
27 4

hoped
vtill be

A

Bank

Oct.
"

it is

that the worst difficulties are past and that the crisis
tided over by means of the slow liquidation.
more favorable view is likewise taken of the condition of the Scandi-

Interest allowed
for deposits by

Open Market Bate*.

"

In Belgium the best opinion also

money have been

rates for

particularly orders are

forward, so that it is hoped over production
will be brought to an end. If the recovery is genuine it is of
course very welcome; but if it is all speculative, it may
check the liquidation that is going on, and therefore revive

:

[Vol. LXXL.

said

now coming

very

:

THE CHRONICLE.

1098

French

:

.

4

3H

3Jtj

3H

5H
sh

6

6

6

6

4

4

3H
3H

SH
4

nom.

SH

SH
3H

6

6

iH
Nom.
SH
6

Abell write as follows under date of

Nov. 15
Gold—There la no change
:

market to report. Demands for the
At the Bank of England £86.000 has
been withdrawn and £10,000 has been received. Arrivals: India,
£500,000; Australia, £164,000; West Indies. £10.000. Shipments, nil.
Silver— A French mint tender for 30,000 kilos raised the price to
2JHi 6 d. The market has since given way to 299i«d., but with a good
Eastern demand it is firm at the olose. The Indian price is Rs.75%
per 100 tolabs. Arrivals New York, £249,000; West Indies. £13,000;
Australia, £8,000. Total, £270.000. Shipments Bombay, £255,250;
Continent absorb

in the

all arrivals.

:

:

Calcutta, £10,000.

Total, £265.250.

Mexican Dollars— A good business has been done at ^ed.-iad. under
Arrivals New York, £40,000.
The quotations for bullion are reported as follows:

silver.

:

Tne

open market; but the impression prevails, for the time being
at all events, that considerable withdrawals from the Bank
of England will not take place. There has been a rise in
the Paris exchange upon London, and although the full rise
has not been maintained, it is hf ped that the exchange will
not fall low enough to make withdrawals from the Bank
profitable.
Respecting New York, the impression here is
that American purchases of American securities have been
so large during the past fortnight that the danger of gold
shipments is averted. Meanwhile, the danger is recognized
to be so sufficiently great that the Bank of England has borrowed a considerable amount in the open market, and the
other banks are supporting the action of the Bank of
England.
The rate of disccunt is very nearly up to 4 per cent, and
on Wednesday and Thursday considerable amounts were
borrowed by the open market from the Bank at rates ranging from 4 per cent to 4^ per cent. There is a good deal of
speculation as to whether Russia will have to send gold to
Paris and London. As already said, the Finance Minister
is unwilling to pay the rates that would enable him to
ob
tain a large loan; and the impression is general tbat he is in
much need of money. Therefore, the best opinion seems to
be that he will have to send gold to Western Europe; but
the Russian Government maintains such great secrecy that
it is impossible to form any very definite opinion as to
what

may or may not happen.
Upon the CLntinent money

easy; and for some
weeks, at all events, there is no fear of much stringency.
In the second half of December, however, a squeeze is possible; but until then no great stringency is looked for.
is fairly

In India the money market is easy and the India Council
continues to sell its drafts fairly well. It offered for tender
on Wednesday 30 lacs, and the applications exceeded 800 iacp.
The total amount offered for tender was disposed of at rates
ranging from Is. 3 15-16d. to Is. 4d. per rupee. Subsequently
tha Council sold email amounts by private contract at Is. 4d.
per rupee.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.
1900.

Nov. 14

—/
§££S £deposits
public
la

l0n

Other deposits

government

securities

Other securities
Keserve of notes and coin
Coin & bullion, both departm'ts

Prop, reserve to

Bank

liabilities., p.e.

rate
Consols. 29i per oent

percent.

Bllver....

Clearlnn-House returns

1899.

Nov.

15.

29,444.885
6.764,212
89.314,495
18.945,174
24,812,112
20,248,665
81,918,050

8.A50.246
39.e58.5B9
14,840,990
81,432.629
20.282,863
31.900,853

43&

419-16

4

6

28.4l7,fl90

m%

103 11-16

29U-1M.

37H1<L

193.000,000

181,481.000

1898.

Nov. 16
27 043,175
5,804,568
85,l!44.»H4

9.904.640
26,779,«48
22.196.H37
32,4^9,112
53J6
4™

linv
28dT
176.089.000

1897

Nov.

17.

27,205 140
7 *01 055
87ll4s> 667
I2t*:e'<ii6

27*883'724

21611893
8191 7*033

4HV
£*
113 5-16
27d
166,291000

Gold.
London Standard.

Nov.

Nov.

Silver.

Nov.

Nov.

15.

8.

London Standard.

15.

8.

d.

d.

s.

d.

Bar gold,

77111a
76 6%
76 6
76 6
Japanese yen....oz. 76 6

fine
oz.
U. S. gold coin...oz.
Gterm'n gold coin.oz.
French gold ooin.oz.

8.

d.

77
76
76
76
76

11ia
6ia

Bar silver, flne...oz.

2911, 6!297 16
delivery 29il u 297 18

Do 2 mo.
Bar silver, contain 'g
do 5 grs. gold.oz.
do 4 grs. gold.oz.
do 3 grs. gold.oz.
oz.
Cake silver
Mexioan dollars. oz.

6

6
6

303 ]6 2915 16

29%

30

;9is le |299 ls

32

29%

29%

The following shows the imports of cereal produce into the
United Kingdom during the eleven weeks of the new season
compared with previous seasons
IMPOKT8.

1900

1899

1898

1897.
13,644,200
5,215,894
3,209,320
660,090
90*,560
9,845,000
3,309.500

lmportsofwheat,owt.l7,869,300 14,354,200 12.992,600
Barley
6,085.900
4,243,200
7,593,600
Oats
3,435,870
5.546,800
4,501,800
Peas
522,100
642,330
823,200
Beans
547,230
536,740
385,400
Indian Com
9,653,900
10,497,600 13,039,800
Flour
4,731,100
4,220,030
4,986,100
Supplies available for consumption (exclusive of

September

stocks on

1):

1897.
1900
1898.
1899
Wheat imported, owt.17,869,300 14,354,200 12,992,600 13,644,2C0

Imports of flour
Sales of

4,986,100

home-grown. 5,856,187

Total

28,711,587

Aver.prloe wheat, week.27s.
Average price, season. 28s.

3d.
3d.

4,731,100
7,738,130

4,220,030
7,323,749

3,309.500
7,442,674

26,823,430

24,536,379

24.396,374

7d.
4d.

28s. 4d.
26s. lOd.

26s.
26s.

34s.
33s.

Od.
Id.

The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
This week.
Last week.
Wheat.
qrs. .1,690.000
1,870,000
Flour, equal to qrs. .. 365,000
350,000
Maize....
qrs. .. 680,000
670,000
The British imports since Jan. 1 have
1900.
1899.

Imposts.
lanuary
February
Maroh
April

May
June
July
August
September....

October

Difference.

PerOL

44,560,849
37,604,808
44,922,134
42,621,876
43,876,427
42,016,307
40.264,167
42,097,059
41,232,852
48,495,608

41,216,606
35,586,694
41,492,388
39,357,022
40,876,828
38,348,943
39,935,372
40,693,398
38,721,079
44,130,818

+3,344,243
+2,065,699
+3,429,746
+3.264,854
+2,999,599
+3,667,364
+328,795
+ 1,403 661
+2,5 il,773
+4,364,790

+6-48
+9-89

400,134,971

+27,511,815

+6-87

1

£

+81

+5*8
+8-26
+8-29
+7-33
+9-56
+0-82

+344

have been as follows
1899.

£

£

June
July
August
September
October

23,583,682
23.219.H49
25,395,699
22,645,147
24,715,930
24,895.335
24,550,557
24,298,623
24,559,811
24,742,930

19,802,044
19,177,374
20,850,334
18,96^,081
21,055,258
21,458,136
22,650,378
22.047,302
82,055,558
23,256,652

Ten mos

243,214,685

218,050.218

May

been as follows

£

1900.

April

1898.
1,170,000
305,000
645,000

£

Ten mos... 427,646,786
The exports since Jan.
Exports.
January
February
March

1899.
1,570,000
315,000
1,160,000

Difference.

£
+3,236,449
+3,847.443
+3,071,298
+3,187,601

+ 1,685,690

+2.915.V68
+1,354.599
+2,726,035
+2,185,0 4

Per

Ot.

+ 159
+ 19-7
+ 13-75

+ 16-38
+7-31
+ 1326
+5-83
+ 12-27

+ 1,043,909

+9-76
+4-44

+25,164,467

+1154

.

.

December

,

THE CHRONICLE.

1, 1900.]

The reexports of foreign and colonial produce and
factures since Jan. 1 show the following contrast:
1899.

1900.

Re-exports.
January
February

March
April

May
June
July

August
September....

October

£

£

5,482,465
5,575,325
5,666,338
5,860,547
5,394,462
5,441,884
4,782,314
5,409,379
4,430,284
4,986,429

5,120,260
5,878,110
5,242,270

manu-

£

5,9t.8,6b5

5,746,796
5,551,216
5,441,488
5,053,733
4,660,557
5,560,851

The following is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
week ending Nov. 26, and from January 1 to date.
EXPORTS FROM NEW YORK FOR THE WEEK.

specie)

Difference.

Per Ot,
+7-07
—5-1

+362,205
—302,785
+424,068
—108,118
—352,334
—109,332
+659,174
+355,646
—230,273
—574,422

1099

+808
—181
—196

—6'13
+12-11
+7-03
—4*93

— 11*51

-2-25
—1,194,719
54,224,146
53,029,427
Note.—Tlie aggregate figures are official. They indicate that slight
adjustments have been made iu the monthly figures as published.
Tenmoa....

For the week..
Prev. reported

1900.

1899.

$12,958,184
517,736,209

$11,670,052
410,368,042

The following table shows the exports and imports of
New York for the week ending Nov. 24
and since January 1, 1900, and for the corresponding periods
in 1899 and 1898.
specie at the port of

EXPORTS AND IMPORTS OF SPECIE AT

The daily closing quotations for securities, etc., at London
are reported by cable as follows for the week ending Nov. 30.

per ounce

Silver,

M on.

d.

Consols. , new, 2 H p. ots.

29^
967, 8

299J8
98*16
98»s

98i«
For account
Fr ohrentes(inParIs)fr. 00-5712 00-57 »s
Spanish 4s
69 13
693s
Anaoonda Mining
104
104
Atoh. Top. & Santa Fe.. 40M
41
,

Preferred
Baltimore & Ohio
Preferred

Canadian Paoiflo
Chesapeake & Ohio
Chic. Mil.

Den.

Do
Erie,

&

St.

854
83%
87%

90

89'8

37i«

Paul... 131ifl
23ia

Rio Gr., com....
do Preferred.

<fe

84%
834
87%

common

1st preferred
2d preferred
Dlinois Central
Louisville & Nashville..
Mo. Kan. A Tex., com..

78^8
13 ?8
40ia

20%
1284
84is

12%
374

Preferred
N. Y. Cent'l & Hudson.. 1454
S. Y. Ontario & West'n 25ia
Norfolk & Western
43%

80%

Since Jan.

42
22

1294
86ifl

124

1^4

37ia

38ia

145
25i*

1454

82 >a

84ia

Paoiflo,

com..

72%
844
734

741a

744
85%
73%

95a

963

South'n Railway, com.
Preferred
Paoiflo

Preferred

32

32

1558
415g

J55a

14%
64%
73%
83%
2138
38ia

preferred..

"B"

85^
734
41 s4
16

664
7378

83%

2178

384

131%

14%
41

42

145
26

146

43%
83%
72%
84%
73

9%

32%
164
444
17%
68%
74%
834
21%
384

18%
684
754
84

22%
38%

Total 1900
Total 1899
Total 1898

21%
1284

86%
134
394
146%
26

434
8334

84%
73%
104

84

Week.

West Indies

condition for the

National Banks.— The following information regarding
is from the Treasury Department.
NATIONAL BANKS ORGANIZED.

Certificates Issued November 8.
5,616— The First National Bank of Melvin, Iowa. Capital, $25,000Frank Y. Looke, President E. B. Townsend, Cashier.
5,617— The First National Bank ot Martin, Tennessee. Capital,
S30.000. John L. Smith, President; James H. Faircloth,
;

Cashier.
5,618—The First National Bank of Dillonvale. Ohio. Capital, $25,000.
w
J. M. Henderson, President W. M. Cattell, Cashier.
5,619—The First National Bank of Chadwick, Illinois. Capital,
$25,000.
R. H. Campbell, President; C. M. Kingery,
Cashier.
;

Certificates Issued November 10.
5,620—The First National Bank of Ada, Indian Territory. Capital,
$25,000. A. Byron Dunlap, President
Ulysses G. Phippen.
;

Cashier.
5,621— The First National Bank of Blairstown, New Jersey. Capital,
$25,000. William C. Howell, President; D. M. Cook. Cashier,

Certificate Issued November 12.
5,622—The City Na'ional Bank of Berlin, New Hampshire. Capital,

Phipps, Cashier.

Certificate Issued November 15.
5,623—The First National Bank of Oakland, Maryland. Capital,
$32,000. Fred A. Thayer, President; Ulysses G. Palmer,
Cashier.

New York
daily results.

BANKS
BankofN.Y...
Manhattan Co..

Chemical
Merchants' Ex..
Gallatin

Butch.& Drov's'
Mech.A Traders
Green wioh
Leather M'f'rs..
Seventh
State of N. T...

Amerioan Exoh.

Commerce
Broadway
Mercantile

;

FOREIGN IMPORTS.

Dry Goods

1896.

1897.

Gen'l mer'dlse

81,748,881
7,447,694

$1,956,883
7,734,655

$1,511,767
5,513,241

$1,429,208
6,753,628

Total
Since Jan.

19,196,575

$9,691,538

$7,025,008

$8,182,836

fl03.771.615
6en'l mer'dlse 377,039,097

$93,283,684
371,872,260

Dry Goods

1

$83,205,809 $111,315,256
303,470,419 329,969,790

Total 47 weeks $480,810,712 $465,155,944 $386,676,228 $441,285,046

We

Capital Surplus

$
2,000,0
2,050,0
2,000,0
2,000,0
1,500,0
1,000,0
10,000,0
300,0
600,0
1,000,0
300,0
400,0
200,0
600,0
300,0
1,200,0
5,000,0
10,000,0
1,000,0
1,000,0

$9,388 810,481,654
52,818 13,970,006
110.787 96.473.687

222,6
5,501,6
6,849,5

209,3
1,896,1
88,4

117,9
182,2
477,3
216,0
668,1
2,964,0
6,802,8
1,575,8
1,191,8

484,4
1,060,5

450,0
200,0

996,9
334,3

People's

North America.. 1,000,0
670,0
Hanover
3,000,0 5,070,2
Irving
Citizens'

Nassau

600,0
600,0
500,0
900,0

434,6
882,1
284,0

1,000,0

508,3
401,1
5,967,4
3,360,7
165,5
2,285,5
518,4
814,3
161,8
9,114,3
101,0
714,2
378,4
343,8
2,000,8
1,811,8
639,0
830,0
909,6
1,062,9
344,0
992,5
409,1
743,6
1,687,4
522,4
549,5
411,0
416,9
252,3
306,3

Market* Pulton
1,008,7
Shoe <fc Leather. 1,000,0
200,6
Corn Exchange.. 1,400,0 1,771,4
Continental
Oriental
Imp't'rs'A Trad.

Park
East Blver

Fourth
Central

Second
Ninth
First

N.Y.Nat'lExch.
N. Y. County....

German Amerl..
Chase
Fifth Avenue...

300,0
1.500,0
2,000,0
250,0
3,000,0
1,000,0
300,0

750,0
500,0
300,0
250,0
200,0
750,0
1,000,0
100,0

200,0
200,0
300,0
Garfield
200,0
Fifth
200,0
Bank of Metrop.
300,0
West Side
200,0
seaboard.
500,0
Western
2,100,0
1st Nat., B'klyn.
300,0
Liberty
500,0
N. T. Prod. Ex.. 1,000,0
NewAmsterdam
250,0
Astor
350,0
Side A Leather.
500,0

Total

Since Jan.l.

Week.

695

$64,988
2,595
2,628
586,471
2,534,737
888,891
200,282

$45,907
72,019
206,538

$4,280,592
3,593,768
2,499,040

$798
33,657
10,757

1900, $21,560

were

Banks.— Statement

of

Loam.

24,

Specie.

LegaU.

Deposits

Reserve

P.O.

$
2,074,1
2,110,6
1,069,1
2,184,9
2,916,4

422,7

Lincoln

—

2.594
2,884
2,610

based on average of
omit two ciphers (00) in all cases.

1,500,0

Paciflo

Germania

Imports and Exports for the Week, The following are
the imports at New York for the week ending for dry goods
Nov. 22 and for the week ending for general merchandise
Nov. 23 also totals since beginning first week January.

week ending Nov.

Repnblio

German Exoh...

Cashier.

City Clearing House

Chatham

Bowery

Certificate Issued November 16.
5,624—The First National Bank of Sterling, Colorado.
Capital,
$25,000. George A. Henderson, President; Charles Yale,

1899.

$1,372,159 $47,385,274
585,610 41,462,224
1,046,187 42.476,410

Total 1899
Total 1898

lt>4

national banks

1900.

1.

72,864
19,483

all other countries.

City

For week.

Since Jan.

Of the above exports for the week in
American gold coin.

444
18%
68%
74%
844
224
38%

$i',3b"6
.

$3,461,544
1,870,650
3,785,508
448,463
264,691
544,733
106,065

Imports.

$1,360,480 $46,264,015
695,522
5,431
327,959
11,679

France..............

Merchants'
Mechanics'

S.

25,990,368
9,482,3x4

Exports.

America
Phenlx

A. M. Stahl, President; Jas.

2,002
473.388

7*4
85%
734
10%
32%

Price oer snare

$100,000.

$21,560 $47,481,724

,

Since Jan. 1.

Week.

Silver.

38
132

25%
81%
14%

1284
85%

1578
43

other countries.

88%

mmmm

144
414
21%
1284
85%
12%
384

9%
32%

$19,029,720
17,664,481
4,502,989
$16,560
2,001,914
2.000
113,365
8,000
3,989,055
180,200

South America
Ill

1.

88
88

8078

14%

444

&

*

25

82%

Pennsylvania

Deb.

41i«
205s
128*3
8438

132%

pref.

*Phlla. ARead
"Phila. & Read.,lst pref.
*Phila.
Read., 2d pref.
Southern Pacific

Wabash,

794
144

88%
36%
131%
25%

38

do

Preferred

Union

235a

87

881s
891a

Imports.

Exports.

Fri.

29H 16 29H ie 29u,a 29H la
98is
98%
98%
984
98», 6
987, 8
98%
984
100-55 100-75 10085 01174
69%
68%
694
69%
10
10
104
10%
4078
41%
40%
41%
864
86%
864
84%
844
844

26
45

Do

Northern

37 ^
132

Thurs.

Wed.

Tuet.

NEW TORK.

Gold.

Week.
Sat.

1897.

$9,022,468 $13,985,380
425,809,336 367,120,883

Total 47 weeks $530,694,393 $422,038,094 $434,831,804 $381,106,263

English Financial Markets— Per Cable.

London.

1898.

995,0
14,158,0 2,503,0
18,063,0 4,733,0 2,016,0
12,624,5 2,868,5 1,600,7
624,0
12,368,0 2,124,0
19,367,2 4,080,9 1,611,5
187,0
4,763,0 1,239,0
107,681,9 28,623,1 4,426,2
23,898,5 6,916,8 1,926,4
532,9
909,0
4,673,7
858,6 1,018,6
8,564,9
69,9
949,6
269,0
163,0
2.180,0
264,0
102,3
170,0
935,7
2C2.6
771,6
3,801,3
470,0
406,9
3,210,5
4,200,5
602,5
163,8
28,059,0 4,993,0 1,379,0
59,753,6 6,901,8 5,121,8
311,6
5,856,7 1,134,7
13,356,1
1,804,1 1,572,0
583,8
2,656,6
341,2
18,206,5 4,729,3
769,1
911,3
5,969,7
678,3
2,054,3
288,6
470,9
11,517,6 2,165,6
895,4
43,634,9 8,420,0 4,160.7
427,3
4,310,0
734,4
200,5
2,884,3
534,9
2,668,9
447,1
326,9
789,4
6,615,6 1,199,8
257,9
3,578,1
693,6
18,842,0 2,939,0 2,381,0
513,7
832,5
4,477,5
373,8
2,020,4
186,8
874,0
24,401,0 4,322,0
44,339,0 12,630,0 3,3s6,0
228,0
191,6
1,224,2
22,469,7 4,235,2 1,763.2
10,154,0 1,504,0 1,096,0
846,0
8,490,0 1,710,0
237,0
644,0
2,375,5
37,669,5 7,778,9 1,538,0
321,5
543,0
2,968,2
424,0
435,0
3,180,0
333,3
3,200,0
666,6
244,9
651,2
3,442,6
36,676,5 9,359,6 2,010,5
497,0
8,563.5 1,904,7
809,3
2,480,1
173,7
645,7
402,9
3,096,6
383,2
10,272,4 2,641,0
858,5
6,283,3 1,604,9
2,lf>l,6
172,6
427,2
432,0
6,700,2 1,255,8
396,0
419,0
2,746,0
13,378.0 3,289,0 1,038,0
34,1394 8,193,8 2,348,9
705,0
634,0
3,946,0
425,0
6,534,0 1,230,7
3,8t>l,4
309,0
689,6
886,0|
63S.4
4,901,3
3034
799,3
3,958,1
608.3
82,0
2,606,0

13,786,0
21,761,0
15,218,3
12,235,0
21,914,3
4,908,0
122,585,1
24,985,0
5,291,8
6,882,3
1,081,9
2,421,0
863,3
3,566,8
3,980,0
3,561,7
22,446,0
47,385,3
5,120,2
13,611,4
3,453,6
20,375,3
6,043,4
2,789,3
12,254,5
46,603,0
4,540,0
3,030,6
3,137,9
6,979,7
3,867,0
21,937,0
6,328,0
2,040,0
22,307,0
66,170,0
1,447,8
23,561,3
12,102,0
9,476,0
2,855,0
37,265,3
3,183,7
3,461,0
4,021,9
3,496,6
43,136,5
9,541,6
3,230,2
4,473,6
11,877,9
7,438,7
2,309,7
7,041,4
3,176,0
16,460,0
40,767.0
4,266,0
6,690,8
3.657,8
5,786,7
4,267,6
2,071,3

253

31-0
28-7
22-4
25-9
28-0

269
313
272
27-2

813
17-6

315
273
22-0
21-5
28-8

253
28-2
24-8
26-7
26-9
26-3
27-2
24-9
26-9
25-5
24-2
24-6
28-4
24-5

242
25-2
27-4
23-2
28-4

290
25-4
21-2

269
308
25-0
27-1
24-7
24'8

256
26-3
25-1

307
211
25-4
26'3
26-0

239
25-6
26-2
26-8
29-0
25-1
24-5
26-3
25-9
33-3

74,222,7 90,109,9 792,720,1 1647425 60,383,6 861,391,3 26'4

—

Reports of Non Member Banks. The following is the
statement of condition of the non-member banks for the
week ending Nov. 24, based on averages of the daily result.
We omit two ciphers (00) in ad cases.

..

.

.

THE

1100
BANKS.

Capi-

(OOe omitted.)

tal.

Niw Tokk

sur- Loans
plus.

Leg. T.

dc

HRONICLF.

(

ueyosu. wxtn

CITY.

Borough of
Manhattan,

Columbia
Eleventh Ward....
Fourteenth Street.
©ansevoort
Hamilton
Mount Morris
Mutual
Nineteenth Ward.
Plaza
Riverside
State

Twelfth Ward
Twenty-third W'd.
Union Square
Torkvllle

Washington

S

I

100,0
300,0
100,0
100,0
200,0
200,0
260,0
200,U
100,0
100,0
100,0
100,0
200,0
100,0
200,0
100,0
100,0

119,9
192,5
126,2
62,6
20,6
109,3
61,9
131,7
63,4
171,7
137,6
213,1
52,3
68,0
352,8
201,3
22,3

S
99,0
99,0
49.9
64,7
39,7
104,1
100.9
166,5
140.3
97,0
64,8
138,0
166,7

I
30,1

|

1480,3
1897,0 131,0
1111,8
66,1
1195,3
61,3
684,8
7,9
1282,6
80,5
2244.6 102,9
1208,6
83,0
1296,4
24,3
2122,0 127,0
936,6
15,9
3069,0 277,0
1173,6
31,5
1021,2
92,1
43,6
2161,6
54,3 260,9
1525,0
46,0 111,9
448,0
23,6
7,6

$
1545.0
- - .
1897,0
1223.9
•»*.
1464,0
706,2
37,6
1434,4
5i,a 2804,7
116,9 1413,0
60,C 1784,8
••• 2265,0
. -. 921,7
206.C 36350
108,1 1708,2
72,2 1176.0

1

*

138,4
1*6,0
144.6
226,9
43,5
116,9
247,1
214,3
215,7
243.0
63,3
91,0
75,3
65,0
172,9
128,7
33,7

25854
10,0
8,7

1637,6
403,6

Borough of
Brooklyn.

Bedford

120,2
163,6
160,3
43,4
61,5
59,2
490,6
380,7
206,2
14.3
621,1
567,8
121,1
134,6
62,8
77,1
224,0
63,4
69,7
44,7

160,0
100,0
300,0
100,0
100,0
150,0
262,0
500,0
100,0
100,0
300,0
300,0
100,0
100,0
100,0
100,0
200,0
100,0
100,0
100,0

Broadway
Brooklyn
Eighth Ward

Avenue

Kings County
Manufact'rs' Nat'l.

Mechanics

Meoh's' & Traders*
Merchants'
Nassau National..
National City
North Side
People's

Bchermerhorn
Seventeenth Ward
Bprague National.
Twenty-sixth W'd.
Union
Wallabout
Borough of
Richmond.
Bank of Staten
lstNat.,Staten

Isl.
Isl.

Other Cities.
1st Nat., Jer. City.
Hud, Co. Nat., J.O.
Id Nat., Jer. City..
8d Nat., Jer. City.
1st Nat., Hoboken.
d Nat., Hoboken.

26,0
100,0

60,0
84,8

400,0
250,0
260,0
200,0
110,0
125,0

816,0
557,2
342,4
231,1
455,7
102,4

1080,5
1888,0
1280,8
361,9
696,6
676,6
2670.1
2816,1
929,5
445,2
3785,0
2490,0
959,2
924,2
658,2
481,8
1100,9
467,0
618.2
720,8

660,6
720,5

16,2
21,0
66,9
12.3
28,7
33,9
303,3
154,1
15,3
6,8
150,0
148,0
14.2
25,6
15,7

82,2
111,9
87,3
24,6
22,1
23.6
152,6
120,3
63,0
30,5
252,0
277,0
64,6
44,3
30,6
89,3
10,0
20,0
37,8
13,0

9,1

97,9
12.6
18,9
36,7
14,8
36,6

27,1
20,0

121,9
192,6
185,6
41,3
57,8
83,6
408,6
160,1
90,4

100,0

1184 8

.

1493,4

6,2

12768

8,6
20,1
18,8

314,4
539,8
667,7
3157,9
2913,4
942,7
397,4

. . -

-•

-

80,7

14,9

....

33,0 3922
41,0 2911.0
67,2
944.7
38,8
909 S
20,2
609,1
460 2
58,4
10,8
969,0

504,0
477,0
64,6
36,6
43,8
60,4
207,0
51,2
68,3
44,9

3,0

138
37,7
39,5

78,9
89,9

....

6166,0 234,0 203,8 916,9
1988,7
72,8
66,1 260,0
1225,3
71.4
16,6 209,2
983,7
40,6
45,7 120,1
2047,9
92,0
14.8 123,6
900,1
46,1
63,5
84,4

469,9
645,8
708,9
666.7
697.8

817,0 6464,6
89,6

1783 7

1010,3
12,3
894.7
63,6 1673,0
19,5

9068

Totals Nov. 24.. 7362,0 8401,9 62899,32922,7 3665,2 7188,7 2246,4 67928,3
Totals Nov. 17.. 7362,0 8401,9 62292.0 2801,3 3734.8 6814 2154,7 67113,4
Totals Nov. 10.. 7362,0 8401.9 61417.92821.4 3707.3 6606,1 1538,0 66719,3

New Xork

Boston

Jfnilaaelpnia Banks.— Below
we furnish a summary of the weekly returns of the Clearing
House Banks of New York City. Boston and Philadelphia
Capital &
Banks.

nJitv,

Loans.

Surplus

<s

Specie.

Legals.

58.361,1841,775,2 30,717,8 10728497

164,332,6 785,656,5 1562567
164,332,6 787,846,1 1688525
24.. 164,332,6 792,720,1 1647425

56,122,31831,091,8 30,705,7 10700944
68,734,8 839,670,1 30,677.5 16465*28
60,388,6861,391,3 30,688,2 15895392

"
"

$

10..

17.

Bos.*
Nov. 10..
"

67,632,9 184,492,0 13,611,0
57,632,9 187,259,0 13.633.0
57,632,9 187,863,0 13,554,0

17..

"

24..

$

9.549.0 205,866,01 5.877,0 183,740,8
6,189,0 154,375.1
6,875,0 154,240,3

9,682,0^11,442,0
9,738.0 210,860,0

49,197,0
183,568,0 8,705,0 81,048,0
38,715,3 159,335,0
52.755,0
38,715,3 159,641,0
188,803,0 8,720,0 102,433,2
24
62.834,0
•89,886.0 8,753.0 105.987,5
88,715.3 160. 259.0
* We omit two ciphers in all these figures.
* Including for Boston and Philadelphia the itoro " dn« to other banks."
17..

Foreign Trade of

New York —monthly statement. — In

addition to the other tables given in this department, made
up from weekly returns, we give the following figures foi
the full months, also issued by our New York Custom House.
The first statement covers the total imports and exports of
merchandise and the Customs receipts for the ten months
of the last two seasons.

MERCHANDISE MOVEMENT AT NEW YORK. Customs Reoeipti
at New York.
Imports.
Exports.

Month.

January...
February..

March
April

19C0.

1899.

<
49.552.629
43.983.408
66,961. 6^1

1
39,849,978
41,406,58'.

50,697,958
43,849,067

May

45,925,244
44,480,44'

June

35,873.932

39,634,91'.

July

40,238,19b

39,003,434

August

88,537,7*3

42,567.341

September
October

36,836,628
46,238,191

41,979,217

45,475,218

46,446.435

1900.

*
42,752,562
40,266,704
49,806,857
44.721,055
45,642.462
47.425,588
42,929,95t
46,833,311
42,717,498
49,241,495

1899

1899.

1900.

S

t
12,617,204

33.396,87
42,060,95«

1
14.810,389
13,477,206
13,023,229

37,477,251

11.891,931

11,625,239

38.149,09^

37,189,335
40,824,221

87,93*,04e
42,367,534
39.395 057

43,765.988

433,627.976 480,400,172 451.836,497 392,P58,:<B

Total...

inclusive, 1900 and 1899.
STOCK EXCHANGE CLEARING HOUSE|TRANSACTION8.

The imports and exports of gold and
months have been as follows

10,763,632
11,327,791

13,435,973
18,466,410

1S99-

1899.

1

Janaary....

February

.

April

June
August
September..
October....

Total

Exports.

Imports.
1900.

..

1
2,560,239
1,282,710

620.398
318,911
212,525
219,964
144,762
222,338
165,953
130,248
168,263
4,208.887
6.454.23B

1

1900.

12,198,993
13,564,702

11.682,490
11,295,469
11,683,484

March

52,579,100
48,830,300
44,720,400
June
33.654,320
July..
26,422,800
August
36,789,400
September.. 39,974.300
October
35,260,500
November.. 46,083,600

April
May..

9

S

11,740,920
13,272,566

January.... 32,428,200
February... 29,851,800

1,067,846

1,192,669
1,026.382

264,193
723,738

1,638,052

4,664.686

714,495

1.706,312

1,103.581

2,054,918

3,429,674

1,566,034

10,362,807

1,321.495

1,060 518

4,987,699

938.887
885,842

7,968.998

19,846,388
791.414

1,881.91';

4,848,788
3,7E9,647

1,109,436
751,571

17.618,591

2.272,21!

8,969,248

208,281

19.930
76,827
84,027

4.81-9.810

47,481.082

25.715 997

4,126.966

1,833,044

6 20P, 64
4,057,«22

1,866,865

6.2 19

283

48,990.009

6,473,600

4,678,200

7,055,300

2,446,500,000

3,125,900,000

3,942,400
5,350,900

3,607,600,000

5.211,200

2,998,900.000

4.872,600

3.345,200,000

6,207,100

3,818,700
2,360,700
3,332.600
4.736,100

2,678,900,000

4,455,300

2,320,600,000

4,111,300

3,453,400.000
8,605,900,000

5.842,600

310,800,000
299,100,000
424,400,000
455,200,000
281,100,000
219,400,000
187,600,000
146,800,000
150,300,000
817,500.000
708,200,000

8,611
6,908
8.519
7,962
8.414

3,480,200
2,886,100
5,205.300
5,255,800
3,550,300
2.595,300
2,059,500
1,419,000
1,840,700
3,076.100
6,233.500

8,182

11 mos.... 357 .6 15,400 2^,540.111,000 49,179,400 3,498,400,000 37,601,800

86,299

March

45.846.100
47,695,900
82,294,400
26,009,200
22,245,800
14,953,800
18,209,200
17,356,200
71,245.300

April

May.
June

,

July

August

,

September.
October

November.

6,318,800
3,920,800

2.558,900,000
1,988,300,000

2,963,200
8,775,900

1,624,700.000
1,161,800,000

2.080,900

1,335,811.000

2,189,100

2,605,800,000

4,813,900

6,205,800,000

9,753,100

Shares, both sides
Total Value.

.

.

1900Nov.19

6,529,600

" 20

4,868,900

"

31

3,949,500

"

28

6,124,700

7.784
7,530
7,263
6,443
8.737

--, Sheet*
Balances, one side.
Cleared
Shares. Value Shares. Cash.

,—

Cleared.

$
494,900,000

t

67,900,000

832,600

48,400,000
40,000.000
41,600,000

429,600
435,600
893,f00
305,f00

434
418
428
425
423

4,044,600

339.600,000
893,100,000
401,400,000
322,600,000

898.900
626,500
614,300
679,700
532.200

Total week.

84.017.POO

1,858.605,000

3.251.600

243,200,000

2,397.600

Wk. last yr.

8,326.200

699,500,000

1,205,400

88,800,000

585,700

8.123
1,888

Nov.36

4,933,400

2,517,800

378,100,000
187.200,000
192.000.000

605,100
365.600

44,800,000

" 27

26,900,000

378,900
2C5.400

481
411

370,100

28,800.000

20C.700

408

2.911,400

45.300.000

.HOLIDAY.

29
30

2.051,800

141,400.000

814,700

21,800,000

108.800

393

Total week. 13,414,400

898,700,000
625,900,000

1,656,500

115,800,000
99,000,000

887,300

1,609,400

1,058,600

1,643
1,5^9

Wk.lastyr.

10,134,300

•

Auction Sales.— Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
Son.
By Messrs. Adrian H. Muller

&

Stocks.

Slocks.

429^
26 National Paik Bank
420
15 Hanover Nat. Bank
410-411
40 National City Bank...
5 Bank of North America. 205
160 Bank of the State of

27 Manhattan Life Ins. Co.. 375
20 Germania Fire Ins. Co.. 280^
128 14
63 German-Amer. Bank
5

Holmes

Eleo. Proteo.Co.il 014

62 Howard & Co
75 Consolidated

Rubber

110

New York

3*8
Tire Co., common
1 Clinton Hall Aesociat'n. 60

& Tr. Co.. 1428
16 Paterson & Passaic Gas
& ElecCo.temp'y certs. 32*2
12 Union Trust Co
1400
50 Title Guar. & Tr.Co.415-416
21
75 Ala. & Ga. Iron Co., pf
75 Ala & Ga. Iron Co., com. 8
150 Mechanics' Nat. Bank... 211
182*4
60 Nassau Bank
50 Mercantile Nat. Bank. .215
Bank.307-312i4
50 Chatham Nat.
135 Nat. Citizens' Bank
147
10 Holland Trust Co
50
45 Corn Exchange Bsmli...367^

Co
273-273H
20 Merchants' Nat. Bank... 176%
Bonds.
$1 7,000 Passaic Lighting Co.
1023s
1st Co. Cons. 5s, 192*
$5,000 Terminal Warehouse
80
Co. 5s, 1942, J&J
$7,000 Judge Co. purchase
money, 4s. Class A, pref.,
Deo.. 1900. ooupon on.40J4-40%
$1,000 Chateaugay Ore &
Ir. Co. 6s, 1915, and $195

.

By

Messrs. R. V. Harnett

141%-141%

Bank of Commerce.262
Ward Bank. N. Y..105
69 United N. J. RR.& Canal

9 Nat.
100 12th

50 Farmers' Loan

sorip,

32%

J&J

& Co.
Sloc7cs.

4

6 Michael

&

Co., Inc.,

Spencer
&

29

.$150 for

$50 each

gawking

lot

atid ffttxatucial.

Trask &
BANKERS,

PINK STREET,

Co.,

-

NEW YORK

Transact a general banking business, act as Fir.cal
Agents for corporations, and negotiate security
issues of railroads and other companies. Execute
commission orders and deal in

1900.

1
4,107,866

16,601.164

537,900,000
436,700,000
336.100,000
423,000,000
451,700,000
391,000,000
432,300,000

7,057,000

8,330
6,860
8,328
7,720
7.979

84 557

Exports.

1,484,074

101,4*1

4,211,000,000
3,242,100,000

6,526.000
5,994,700

1900-

21

l,7t 3.877

751.100,000
568,100,000
681.200,000
618,700,000

11 mos.... 488.601,920 41,919,521.000 68,534,is00 5,627,800,000 56,861,800

SlLVJBB-NEW YOBl

1
831,823
1,780,896

*

5,413,800,000 10.529,800
4,114,700,000 7.149,200
4,926,700,000 7,668,600
4,487,121,000 6,930,800
6,193,500

Cleared'

3,350,100
4,657,100

127,3 "3,832 123,352,628

6,166,071

2,246,381

*

Sheets

,

7.943
6.633
8.401
7.174
8,088
7,106

13.780,471

13,414. r.0f>

1900.

Balances, one side.
Shares.
Value Shares. Cash.

.

11,793, 16H

Imports.

1899

,

S

January.... 75,000,300
February... 50.286,900

:

Month.

,

Cleared.

silver for the ttn

Gold Movement at New York

Shares, both sides
total Value.

.

9

Phlla.*
Nov. 10..
"

November,

DepositsA Circ'l'n. Clearing*

N. Y.»
$
Nov. 8.. 164.332,6 792,330,3 1580431

"

subjoined statement includes the transactions of the Stock
Exchange Clearing-House from Nov. 19 down to and including Friday, Nov. 30
also the aggregates for January to
;

Colonial

Fifth

Stock Exchange Clearing-House Transactions.—The-

Net

Invest- Specif. icB'k. Olear'g Other Deposits
ments.
Notes. Agent. Bks.dc

rvoL. lxxi,

INVESTMENT SECURITIESBranch

Members N. 7. Stock Hxchanite

A lb«n»

ALEXANDER M. WHITB, JB

Gbobob Barclay Moffat.

Moffat

Office, 67 State SU,

&

White

BANKERS,

...
NEW
INVESTMENT SECURITIES
Members New York Stock Hxehange,

NO.

I

NASSAU STREET,

YORK.

:

December

THE CHRONICLE.

1900.]

1,

The following were the rates of domestic exchange on
at the under-mentioned cities to-day: Savannah,
buying 3-16 discount, selling 1-16 discount; Charleston,
buying par, selling ^ premium; New Orleans, bank, par;

limfem' ©a*jette.

New York

DIVIDENDS.
Name

of tJompany.

commercial, $1 00 discount

When

Per

Railroads (Steam).

4

Jan.
2 Dec.
3
to
1
Jan.
1*4 Dec. 15 Nov. 29
to
1
to
Dec. 10 Dec.
I" Jan. 2 Holders of rec.
to
3
Dec. 1 Nov. 28

& Bait
& Lake Erie, pref..
Street Railways.
Massachusetts Eleo. Cos., pref..
United Rye. & Elec, Bait, pref.
Trust Companies.
Plttsb. Bess.

.

3h

..

2

1%

Continental Tobacco, pf (quar.)
Cramp Win ) & Sons Ship & Engine Building (quar.)
Electric Storage Battery, pref..
.

2

Dec.

Dec.

People's, Brooklyn (monthly)...

miscellaneous.
American Steel Casting, pref
Consol. Gas of N. Y. (quar.)

Holders of

21 3 Jan.
2t Dec.
1

Holders of

Dec. 20 Dec. 9
Dec. 13 Dec. 5
2 Dec. 13
Jan.

rec.

to

Dec.

8

rec.

Dec. 16
Dec. 9

Nov. 27
Nov. 30
Dec.
Dec.

lft

9

(

Bawalian Com. & Sug. (m'nthly)

2

Dec. 15 Dec.

Dec. 16

to

6

to
26 Nov. 21
1^ Dec. 31 Deo. 15 to
International Paofr.pref. (qu.).
1% Jan. 2 Dec. 16 to
Republio Iron & Steel, pref. (qu.)
2 Dec. 15 Holders of reo.
Southern Cotton Oil
$10 Dec. 28 Dec. 8 to
Tamaraok Mining
Us Jan. 2 Dec. 16 to
U. S. Leather, pref. (quar.)
to
1
Dec. 1 Nov. 25
Va.-Oarolina Ohem., com, (guar.)
t

State, city

50c. Nov.

and county tax not to exoeed

board include $11,000 3s, coup., at 110 to 110V£; 81,000 3s,
reg., at 110 to 110^; $5,000 4s, coup., 1925, at 137^ to 138%;
$5,000 4s, reg., 1925, at 138; $11,500 4s, coup., 1907, at 115^
to 116; $4,100 4s, reg., 1907, at 115% to 116; $1,000 ditto (ex
The following are
int.), at 115 and $500 5s, reg., at 114.
the daily closing quotations; for yearly range see seventh
page following

Nov. 30
Dec. 20
Dec. 16
Jan.
2

to
to
to

15c. discount ; St.
5c. per $100

San Francisco,

premium.
United States Bonds.— Sales of Government bonds at the

1

Philadelphia Wiliu.

Chicago,

;

Louis, 25c. per $1,000 discount;

Books closed.
(Days inclusive.)

Oenl. Payable

Boston & Lowell
Boston Revere Beach & Lynn...
Delaware & Hudson (quar.)
Little Miami, guar, (quar.)

1101

Jan.
Jan.

1
1

Nov. 28
Dec. 16
Jan.
2
Nov. 30

H per oent to be deducted.

Interest
Periods.

Jan

reg.
2s, 1930
coup.
2s, 1930
reg.
3s, 1918
coup.
3s, 1918
3s, 1918, small. reg.
3s, 1918, small. .op.
reg.
4s, 1907
eoup.
4s, 1907

48,1925
4s, 1925
5s, 1904
58.1904
"

This

Nov.

Nov.

Nov.

Nov.

Nov.

24

26.

27.

28

29.

30.

*105

Feb.
Feb.
Feb.
Feb.
Jan.

105J4 •IO514

"105
*105

-Jan. *105

1091a
*109ia

110

*109

105 1*

*110
11038

lioig •110

110k

*109

I

«x0434

'K'5»4 '105*4

*109i*3

110

llOifl

5

*109i«

•1091*

11534 *116
*U534 116
•Jan. *115% *115% 1)534 116
Feb. *13734 U3734 138 •138
Feb. *137V 187 1« '137% -138

reg.

ooup.

Feb. -113
Feb. *113

reg.

ooup.
is

Nov.

o

the price bid at the morning board

no sale was made.

;

State and Railroad Bonds.— Sales of State bonds
WALL. STREET, FRIDAY, NOV. 30, 1900.-3 P. M.
include $20,000 Tennessee settlement 3s at 96
Board
The Money Market and Financial Situation. — No change and $17,000 Virginia
funded debt 2-3s at 92%.

affect Wall Street operations has occurred during the week. The volume of
business has been i estricted by the Thanksgiving holiday,
which takes a large number of people out of the Street for
a considerable part of three days or more, and by the fact
that the enthusiasm which developed immediately after the
election has largely spent itself. With the passing of this
enthusiasm there has developed, however, a feeling of optimism, more or less strong and widespread, and an inclination to enter into new commercial and industrial enterprises which had been held in abeyance pending the
outcome of the election. This optimistic feeling is shared
to some extent in Wall Street and finds expression in a demand for securities for investment, including those of the
better class and some issues that have heretofore been
classed as of lower grade, the value of which is likely to
enhance under the favorable industrial conditions now apparently assured.
The money market continues easy under a moderate demand and a liberal supply of funds.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from 3 to 4% per cent. To-day's rates on call were 3 to
4% per cent. Prime commercial paper 4 to i% per cent.
The Bank of England weekly statement on Thursday
showed a decrease in bullion of £1,870 and the percentage of reserve to liabilities was 42 76, against 45*31 last week;
the discount rate remains unchanged at 4 per cent. The
Bank of France shows an increase of 15,700,000 francs in
gold and a decrease of 2,125,000 francs in silver.
The New York City Clearing-House banks, in their statement of Nov. 24 showed an increase in the reserve held of
$7,538,800 and a surplus over the required reserve of

worthy of note in the conditions that

$12,278,275, against 17,669,775 the previous

week.

Differerisfr'm
Prev. week.

—

,

N. ¥. Stock Exch.
Government bonds
State bonds
RR. and misc. bonds....
Total

1900.

1899.

1900.

1899.

$30,100
43.000
18,629,500

(219,030
28,000
7,997,000

(6,257,310
1,957,200
463,744,300

$9.5f>0,940

1,926,700
781,202.400

118.611,600

18.239,020

t47l.t53.810

$793,680,040

Stocks— No. shares
3,645.943
2.487,971
115,0«8,658
159,867,140
Par value
$352,949,050 $248,138,250 $11,127,107,087 $15,498,838,750
Bank sbares, par value.
$1,000
$145,026
$828,676
$1,000

We add the following record of the daily transactions:
Week ending
Railroad, tic. State
Stocks.
U.B.
Nov. 30, 1900 Shares.
Bonds.
Bonds.
Par value.
Bond*.
•

Saturday

Monday
Tuesday
Wednesday
Thursday
FridayTotal.

1899.
Nov. 25.

sales

426,492
912,883

621,572
676,283

64,668,300

6,173,500

1,000

15.000

3.645.043

$352,949,050

$18,629,500

$43,000

$39,100

Loans

<fediso*nts.

Net deposits
Legal tender a
Reserve held
Legal reserve
Surplus reserve

9

$

9

Ino.5,890,OC0
Ino. 1,648,800
Ino. 7,538,800
212,847,825 Ino. 2,930,300

59,422,700
79,083,700
676,636,400
16,471,600
737,958,000
142,010,600
49,131,100
191,141,700
184,489,500

58,272,700
75,911,300
691,419,800
16,330,900
782,729,300
158,481,500
55,558,400
214,039,900
195,682,325

12,278,275 Ino. 4.608,500

6,652,200

18,357,575

Ino 4,874,000
Ino
10,700
.

Inc. 11721200

Note.— Returns of separate banks appear on page

1

099.

—

Foreign Exchange. The market for foreign exchange
firm on Monday, but on a more limited demand has
been easier and steady until to-day, when it is again firm,

was
and

rates a fraction higher.
To-day's actual rates of exchange were as follows: Bank-

ers' sixty days' sterling, 4

81%@4

82;

demand, 4 85^@4 85%;

cables, 4 86@4 86)4; prime commercial, sixty days, 4 81^@
4 813^; documentary commercial, sixty days, 4 80%@4 82^;
grain for payment, 4 82@4 82J^; cotton for payment, 4 80%
@4 81; cotton for acceptance, 4 81J^@4 81^.

Posted rates of leading bankers follow:
November 30.

Sixty days.

Prime bankers' sterling bills on London. 4 82 94 82*s 4
Prime commercial
4 81*494 81k
Documentary commercial
4 80\«4 82*4
Paris bankers' (francs)
5 20* 95 20
5
Amsterdam (guilders) bankers
3915h,940
Frankfort or Bremen (relohmarks) b'kers
* Less lie.

945, ,,99438

$1,479,000
3.818.000
8.046,600
4.017.500

HOLIDAY

Monday
Tuesday
Wednesday.
Thursday
FridayTotal

-Philadelphia.-

"Unlisted

Bond

shares.

shares.

14,235
10.888

sales.
$103,630
158.036
60.400
36,100

17,000

8,322

69,640

03.095

71.458

427.605

Listed
Baturday

$5,bo6
14.600
4,500

on the Boston and Philadelphia Exchanges were
-Boston.—

1898.
Nov. 26.

$1,000
14.000
10,000
17,000

$42,231,700
90.441,550
95,401,300
60,208.200

1,009,263

shares.

9
74,222,700
90,109,900
792.720,100
30,688.200
851,391,300
164,742,500
60,383,600
225,126,100

at the
to 96%

The market for railway bonds has been strong and active
under a good demand. Daily transactions averaged larger
than last week, were fairly well distributed and a large proportion of the active list advanced. St. Louis Southwestern
and Atchison issues were conspicuous for activity and
strength, the former showing a gain of from 3 to 5 points,
and Atchison adjustment 4s a gain of 3^ points. Chicago
& Alton 3%s were in demand at steadily advancing prices,
the transactions in them aggregating a large amount, and
they closed with a net gain of nearly 2 points. Central of
Georgia cons. 5s were also conspicuously active and strong.
In addition to the above, Baltimore & Ohio, Erie, Norfolk
& Western, Northern Pacific, Reading, St. Louis & Iron
Mountain, St. Louis & San Francisco, Southern Pacific,
Union Pacific and Wabash bonds were notably active.
Stock and Bond Sales. The following shows the volume
of business in stocks and bonds on the New York Stook Exchange for the past week and since Jan. 1
^- Week end. Nov. 30. ->
Sales at
Jan. 1 to Nov. 30.—%

The
1900.
Nov. 24

116
*138
138
*113i4
•113J4

-113VI *113i4
*113i4 *113i4

*113
*113

I

xll5

i-5

12.314
22,800
25.937
15,044

11,929

26 086

Listed Unlisted
shares.

Bond

3.740
20.492
8,471
6,101

sales.
185,500
114,400
181.800
308.000

13,668

8,318

358,350

116,418

46,206

1,048,050

6.518
2*,42S
42,970
24,811

HOLIDAY.

—

Railroad and Miscellaneous Stocks. The stock market
has been less active than for several weeks past, and somewhat irregular, but generally firm, and in some cases decidedly strong. Railway shares were again favorites, and of
these a few high-grade issues and some low-priced stocks
regarded as likely to improve in the near future were conspicuous; the list including New York Central, Pennsylvania, the anthracite coal shares, Great Northern preferred,
Atchison, Chicago & Alton, Denver & Rio Grande, Southern Pacific and Southern Railway issues. The last-named,
both common and preferred, were notably strong under a
good demand, and when at the highest, near which they
close, had advanced 4 and 5 points respectively.
The
grangers were generally firm and the coal stocks advanced
on the trade outlook. The local transportation shares were
more or less irregular, in some cases showing a decided
tendency to weakness.
Attention was so largely centered in railway stocks that

transactions in industrial and miscellaneous issues
were relatively small. American Steel & Wire was weak
86 94 86k under speculative manipulation, and other iron and steel
shares declined in sympathy. Pullman Company advanced
on limited sales. New York Air-Brake sold 10 points above
17ifl916V
its previous high record for the year, an advance of 15
403 18 940i4
9415,„®95
points within the week. General Electric was again in request and firm.

Demand.

the

.

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

..
.

.

THE CHRONICLE-STOCK

1)02

New York

Stock

Exchange— A

PRICES

1

.

Monday,
Nov. 26.

Tuesday,
Nov. 27.

•19
•49

•19
60

'19
•49

21
50

ss%
82*
80*
84%
73%

50
40

39*
8*%
80*
84*
7b%

39*
83*
81*
85

74%

•73
118

21

75*

73

73

78
120
*Si" 83

78
119
•87* 88

57* 58*
108%

108*
143

144
85% 86
86* 37

143

•87

* »

75* 75*
136* 138
98
98*

•83
24
58
58*
12fc* 129*

•23

84

•33

115*116* 115*116* ii's"
120 12a •120 124 120
160 180 •160 175 160

115*116
120
160
'10
'30

184
170
11
31

10

'27

29
65

•27

9*

10

10

30* 30* 31
31
67* 66* 87
66* 67* 67
L10
114
113*114* •113 114
29
68

•65

6*

6*

29
69

43

'17

•180

84* 24*

539

70*

70

125*

20* 20*
46

47

16* 17
11

13

36* 37*
•4
4*
17 *
37
107

12
36

06

•9

80* 30*
6b* 67*
112*113*

•27

31

68

68

•87
•85

112*112*

106

108

65

•65

75

108

•210*
75

65
84

165

81* 82* 81* 83% 82*
109% HI* 109*
10* 112
{30

33
85

18*

68*
00

83
13

13*
3*

8*

3*
64

63*

•99
•17

100
80
54

17
52

•51
18

30
83

81

83*

34* 24*
18* 43*
• • * »

i

i

•84

• • »

,

73*
82*

w
O

7*

64* 64*
•99

101

18* 18*
•51

56

38

o
d

185
20
46

•••••

189

187

125

11,300
1,910
2,200
1,200
1,100
43,650
26,810

Southern

. .

"200
300
4,350
5,621

80O
200
2,000
5,392
2,950
7.35
3,5 ll

Illinois Central.

Kpref.

38

36
109

106

"75

•85

Lake Brie A Western.
Do

956
85H
1,800
1,178
2,600
100

32
510

. .

pref.

Lake 8h. A MlOh. South.
Long Island. .......,,,,,,.

13*

4* Mexican

»4*

100
•17

55

•51

tr.

187

189

142*142*
16* 16*
•98
99*
40* 41

••

134
•211

135

1311*811* saTf'siT 212*312*
25
85% 25
24% 35
25*
42* 43* 42* 43% 41* 42*
•80
83
82* 181* 81*
83*
70
72
69* 71*
70* 72
8i* 88* bl* 82*
82* 83

167
187
2.050
1,050

reots...

38* 38%
Do
60* 60* Missouri Pacific,
39% 40 MobileA Ohio

40
189

135
214

2c*
43*
80*
71%
83*

25*
42*
80*
7!*
83

i',850

200
100
8,380
38,490
61,730
500

pref

MorrisA Bssex....
Central A Hudson..

NY.
Y.Ohio. A St. Louts...

46*,eVs

1,805
100
1,950

Do
1st pref.
Do
8d pref.
New York A Harlem...,,,
N Y. Laok. A Western..,.
N. Y. New Haven A Hart

801
10,900
33,645

N. Y. Ontario A Western.
Norfolk A Western

Do

Nor. Pao. By., yot.

tr.

Do

665
pref.
otf s 148,339
23,250
pref.

Or.BS.AN.Co.vot.tr.cfs.

62
9t
69

58
36
»7

160

•85
»67

LI* 142* 143
'2
'8

8*

14

38
65

i5*

55*

15

88

*

•31*
•63
58

85

59
90
69
141* 143

60
95
69

•84
•67

143*

*2

2*

2
•8

9

II*

67

8*

9

S3

38
87
58
85

Bid and asked pnees

S80
58
•85
1

no

2*
8*
32
60
56
88

sales

•57
•84
•67
3
S3

BallwHU.

NBW YORK

«0k 8t A Ful F—Stock,
stmort 4s 1950... JAJ

A 7th Ave— Stock
stmor 5s 1904... J AD
dmor 5s 1914.... JAJ
ray

on 5s 1943— See Stook
ray Bur '1st 5s gu. 1934
* osint as rental. 1905
itral Crosstown— Stook
St
6s 1933

M

l

Pk N A B

JAD

18*

•85

31*
•64
55
85
I

87
103
340
105
113

35
100
332
1103
110

Hxob

1

1st.

117*
105
130
300

14
36
17

Apr

19%Oot

Do 1st
Do 3d

31
21

19
16
10
17

7
13
26
26
28

85
97

Feb 94 Nov
Jan 136*Nov

23*May 31*Dm

8i«

ll4*Deo i49*Feb
59*Jan l00*8ep
133*Sap
80*Jan
10 3* Aug
85*Aug
44*Sep
19 Nov
53*Nov
136*Sep

17 125 Aug 15 112*Jan
25 15* Apr 2
10*Deo
19 90*Nov 26
83 Deo
68*Aug 22 79%Nov 18 50*Jan
30 J'ne 23 42 Mar 31
88 J'ne
14 Jan 15 29 Apr 16
7*Jan
45*Jan 24 63%Apr 4 31 Jan
108*J'ne 25 180 Nov 28 113 Dec
169* Jan 18 176 Nov 22 165 Deo
150*J'ne 25 170 Nov 21 141*Jan
195*May 9 3U*Nov9> 188 Jan
108 J'ne 85 117*Nov23 100 Deo
110 Oct 9 126 Nov 17 91 Feb
172 Feb 8 175 Mar 3 170 Jan
8*Oot 18 13*Apr 27
7*Jan
36* Oct 18 39*Apr 27 31*Deo
55 J'ne 19 68*Nov 28
43*Jan
103*J'ne 1 115 Oot 8 94 May
14* Jan 10 80 Nov 15
9 J'ly
48 Jan 2 72 Apr 19
37*J'ne
9 Jan 4 12* May 8
5 Oot
21 Jan
5 29%Mar 21
15*J'ly
5 Sep 25
7%Mar 22
4*Sep
36 Sep 82 47*Mar 27
35 Deo
14 Sep 34 20*Mar 21
18*Dec
iae*Sep 20 119*Mar 28 106*Jan
l7i*Sep 19 186 Feb 20 157 Jan

16% J an

25*N

10

v 30

79*Nov 27
19 Mar 26
6*Mar 5
12 J'ly 5 20%Nov 9
10*Sep 26 14*N v27 10 Deo
8 *Sep 22 43*Apr 4
87%Deo
15 Sep 34 23*Apr 4
15*Deo
38*Oot 9 54*Mar 15 36 Mar
74 Oct 9 94*Apr 19 70 Jan
14*Apr 4 17 Nov 22 14 Aug
25 Nov 28
15 J'ne
14 Feb
144* J'ne 22 183 Nov 19 142*Jan
53*Mar 7 58*NoV 17 49*Jan
5*Sep 24
8 Mar 27
5 Ma;
30*Jan 10 41*Apr 21 82 J'ly
58 Jan 8 72*Nov 3
53*Dec
110 J'ne 25 126*Nov 31 l05*Deo
ll%Jan 12 3i*Nov 13 10*Mar
39 Sep 27 58 Mar 30
40 Deo
10 Jan a 80 N..V 27
7*Jan
12

J'ne 20
J'ne 12

4

179 Sep
173 Sep
8 10% Sep

123*Jan
186*Sep
185

Sep

25*Mar
56*Mar
64*Nov

DM

108

16* Jan
49*Deo
ll*Deo
87

Sep

8%Jan
58*Mar
35 Mar
125*Apr
194*Oot

15%Deo
63 Deo
13*Deo
3 Apr
7*Jan

64*J'nel8

80 Apr
83*Jan
8 Nov
17*Nov
16*Jan
43 Jan

33*J«n

46*Nov
98* Sep
85 Jan

Mar
Mar

30
195

6 1* Jan

9*Cot
87*Sep
66*Sep
123

Jan

15* Aug

62*Aug
Mar

16

7 Sep 10 17* Apr 19
27*Sep 10 43*Apr 3

3*May

20*Mar
8S*Feb

4 Nov 13
17*Mar 27
39*Nov 10

24

16
2 110
3 230

5

15

May
Max

6*F.'b

23*Aug

DM

84
85

14*J'na
60 Jan

Oct 22

Dee

Feb 13 147 Dec 369 Mar

37*Apr 5
76 Feb 27 84* Nov 21
10*Jan 8 14*Apr 18
5 Mar 17
2*Sep 26

18*Aug 19*Nov
44*May 83 Nov

24*Jan 29

6
1

17*Apr
6*Sep

Jan
Jan

S104 Jan 82 1112 Feb 3 110 Oct 116 Jan
45*J'ne 18 69*Mar 28 35*Jao 78 Aug
87*J'ne 18 104*Nov 10 73*Jan 99*Nov
14 Sep SO 27 Apr 24
8* J an 37*May
47 Nov 1 69 Apr 24 39 Feb 72 May
9 Sep 19 18*Nov28
9*Deo 14% Jan
85*Sep 22 40*Apr 17 88*I»eo 45*Au»
38* Jan 11 61*Apr 16 33 Dec 58*Apr;
35 J'ne 25 48*Apr 2 32 Jan 53 Aug
il83*Janl9 >189*May 4 178 Jan 1187 Nov
125*J'ne85 14 3* Nov 80 120 Deo 144*Mar
ll*Dec 19* Jan
11 J'ne 20 16*Nov 2i
75 J'ne 29 98 Nov 23 65 Mar 85 Oot
29 Dec 41 Jan
39 J'ne 20 41%Nov21
1400 May 16 1420 J'ly 13 1360 Jan 1390 Mar
1130 Jan 18 U35 Mar 10 129*Jan U38*Mh
1207* Sep 28 121 5* Jan 3 1198 Jan 1333 Apr
1 8* J'ne 20
26*Mar 28 18* J an 38%Mar
22* J an 10 45 Nov 21 17* Mar 88*Au«
81*Jan 74*Aug
67 Jan 8 83*Nov 19
45*8ep 29 74* Nov 81 4S*Jan 57%Aug
68 Dec 8l*Van
67 Sep 27 86*Nov 20
83 J'ne 68 Jan

77*8ep
54 N07
90 Fes

68*J'ne

pref., vot. tr.ctfs.

60

Pacific Coast Co.. ........

48

May

68
88

12

88*Sep 80

pref
pref

Nov
Nov

57 May 10
38,794 124*Sep 22
l*8ep 88
1,420
SCO
5 J'ne 19
20
20 Jan 29
18 65*Jan 81

89*Oot
144*Nov
4 May
9*Mar
38 Nov
63 Mar
400 49*Sep 29 80*Jan

Pennsylvania
2* Peoria Deoatur A Bvansv.
8* Peoria A Eastern
32* Pere Marquette
87
Do
pref.
60 Plttsb. Cin. Ohio. A St. L.
89
Do
pref.

1001 78

J'ne 25

94

Jan

30
9

38 Maj
84*Apr

58*J'ly
15
19 12 2* J an
1

1

Jan

28
27

4

Ma;

43
80

May

31
2
8

88*Nov
Jan

148

7*Noy
7%Nov
Jan

88

Feb 100 A»«.

Less than 100 Mares.

(Given at foot of 7 consecutive pages).— 81 REST
Ask.

Bid.

A 10th St-8took 175
ColA 9th Ave 5s-Se« Stook Bxoh
120
Dry D B B A Bat— Stook
1st gold 5s 1932... JAD 1115

185

Chrlst'p'r

{114
1108
355
MAN {185
Riv— Stook 198

onsol 7s 1908

69
143

8

33

67
60
88

Ask.

Bid.

142

2*

war* made on this Any.

CITY.

60
93

8

•31*

64
55

Do

•58
•89

67

141* 143*

OUT8IDE 8ECURITIE8
ttreet

60
90
70

Highest.

May 48*Oet
May
50*Jan 68*Au«
43%J'ne 2!*Apr
67*J'ne 85*Nov
61 Dec 137 Apr
30*Mar 59 Noy
69 May 103 Dee
84*Mar 99*May
46*Deo 70 Jan

SO
8 77*Nov 80
10 139 Nov 21
31 109 Mar 27

17,032 143*Sep 26 182

,

13

13*
38*
60*

Lowest.

Nov 1 196*Jan 308 Jan
20 47* J an 4 89 May 5 45 Dec 85 Apr
53.068 68* Sep 22 87*Apr 2
63 Mar 88*Oot
91,66* 84 J'ne 25 114*Nov 22
85*Deo 183*Apr

Michigan Central.
"64* Minneapolis A St. Louis..
100
Do
8d pref.
19
Minn. St. P. A 8. 8. Marie.
55
Do
pref.
13* Mo. Kansas A Texas

64*

101
19

Nat'l

18 120 Nov
S4*8<-p 36 99*Feb
47*Feb 87 59*Nov
91*Feb 26 93 Feb
115 Jan 6 150 Nor
24 J'ne 35 38*Nov
31 Oct 25 41*Nov

1197 Jan

.

75

Nov
85 Nov
89%Apr
90 Apr
25 80*Apr
37 80 Nov
41

8
11
8
9

14*uct 19

83% 84* Louisville A Nashville...!
10b* 110* Manhattan Ble v.,oonsol
171
172*
etropolltan Street
n
3C* 33 Met. West Bide Bl. (Chic.)
•84
85
Do
pref.
13* 13* Mexican Central....,...,,,

142* 140* 14 3*
16*
15* 15*
•96* 99
98
41*
40* 40*
• 4 1

A

20* -owa
1
Central..
46
Do
•17* 18
ana w ha A Michigan...
12* 12*
an.Clty 80. * ot. tr.ctfs.
37* 37*
Do pref., yot tr. ctfs.
•4
4* Keokuk A Dei Moines
•16
17*
Do
pref.

Hi

64* 64*

12* 13
38*
37*
61*
59*
•39
39*

Colorado

615

. .

3%
•99
•17
•51

200
1,510
4,020

A Den. C, stamped

105

101
80
55
13

19,179

24* 24* FUW.
t. Worth A Rio Grand©
181*181* Great Northern, pref.
59
69*
r'nB.AW.,deb ofs.
7* 7*
Deb. ctfs. "B"...
39* 40* Crocking Valley.
71
73*
pref

33
85

IS*

4

•134

. .

814

70*
»1«

85

3*

&%
64*

•

•••

12

a

88* 83*

30

A Pao.
P. Minn. A Om..
Isl.

„
"

109* 110*
171* 172*

31

13* 13*

13*

12*
37* 37
58* 61* 59*
•39
39
40
40* 3D*
187
187* 189
37
189
140*
10*141* 141* 143
16
16* 18*
16* 16*
•97* 9** 98
J7
98
1* 41* 39* 89* 40
11* 11*
35* 36*
58* 59*

•

111

174* 173* 174* 172* 174*

73
SO
83

St.

Pr«f

.

109

•85

North Western.

.

00

210*

A

69,59b
61
1,710

Do
1st pref.
do
18
18
Do
3d pref. do
115* 115* Delaware A Hudson
18* 183
el. Lack. A Western.
35* 35* Denver A Bio Grande
„
7c* 79*
Do
pref.
*16* X
Des
Moines
Ft.
A
Dodge.
6*
5
Dul. So.ShoreAAtl
•13* 14
Do
pref.
It* 14* |?rie....,,,
,,,,
40* 40*
Do
1st pref
21
21
Do
2d pref.
•41* 42* Byansy. A Terre Haute
..
•80* 81*
Do
pref.

183

•106

350
400
300
700

_

29
69

7*

71

107

.

pref.
Ohio. Terminal Transfer.
Do
pref
Clev. Cin. Ohio. A 8t. L...
Do
pref
Cley. Lorain A Wheeling.
Do
pref
Colorado Mid., yot. tr. otf s.
Do pref. yot. tr. ctfs.

42* 43*

181* 182* 131*188*

310*

10*

. .

Do

10

39

Chloago BurL A Qnlncy
Chloago A Bast. Illinois.

Chic

SO*
66*

38* 39* 39
39*
70* 71* 71
71
185* 125* §12;.* 125% 124* 125*
21* 4*7* 20*
;§* .«V 41*
•48
47
18* 16* 16* 20
18
•10
12
18
12* IS* 12
37
37* 86* 36*
37* 37
•4
•4
4
4
4*
4*
•16
•16
17*
17* •16
17*
•36
138
38
37*
86* 86*

39*

39
70
25

pief.

^
Chicago Book

133
175
10

•9*

24* 24*

Do

80 Nov 18
58 Nov 30

16 Sep 13
40*J'ly 84

9,850
99,830
43,908
21,326 68*Noi
41,755 11 9* Jan
1,200 88 Jan
936 120 Jan
6,230
9%Sep
1,290 81 J'ne

Chesapeake A Ohio
Chloago A Alton

Do

il5* 118

22% 23
76* 76*

25
23* 24* 31
181*182
79* 181

10,830

Capital Traotlon
Central of New Jersey....

Chicago

30
66

183* 183

182

176
168

•120
•180

6% 7*
7*
43* 48* 43*
18* 18* 17* 18
117 117* xll5*U6

183

Canada Southern

.

118
183
175

22* 24* 83* 28* 24* 25*
77
78* 76* 7»* 7«% 78%
16* 17* •16* 17* •16* 17* •16* 17*
•5
5
5
5
6* •5
5*
lS* 13* 14
14* 14* 14
13* 14
18*
14* 14* 14
14*
40
39* 40
40* 39* 40*
38* 39
•30
'30
21
21
21
21
20* 20*
'42* 43
42* 43
43* 43* 42
42
'80* 81* •80* 82
80* 81* 80* 81*

pref.

.

43

115* 117

.16*
80

9a

A Pittsburg

^ Do
/Canadian Pacific

^

7*

7*

43*
17* 18*

'41*

29
69

Buffalo Booh.

132* 123*
Do
pref.
14* 14* Chloago Great Western.
•90
90*
Do 4 p.o. debentures
•78
79
Do 6p.o.pref."A".
38% Si
Do 4 p.o. pref " B "
23* 24 Ohio. Indianap.
A LouIst.
57* 57*
Do
pref
128 128* Chloago Milw. A 8t. Paul.
178
168

prei-

ous year (1899).

Highest

Lowest.

i8*Jan
58*Jan
34,078 55*Jan
6,017 73*Jan
29,785 47*Sep
52 Feb
98 Jan

.

78
120

98

Range for

Week.

Shares

A nn Arbor.
Do
990
pref
40* Atoh. Topeka A Santa Fe 182,050
84*
Do
pref 149,561

8«* 87*
58 •* 58%
108*
148*150
3d* 38*
38* »1*
76
77*
138* 137*

58* 58*
'102*
"
147* 150
35* 36*
36* 39*
75
78*
136* 137*
9?* 98*
188* 123*
14* U*
•90
90*

for year 1900.

On basis 0/ 100-sh're lots

of the

Railroad Stocks.

31
59

77
•113

78
120
'88* 88

79
39

N.

8TOCK8.
Y. STOCK EXOH.

81* 83 Balt.AOhio,vot.tr.certf«.
84*, 85*
Do
pref.
73* 7« Brooklyn Rapid Transit.

58* 68* 57
58
137% 129* 127* 128*
175* 176
175* 175*
168* 168* 168 168

127% 188%
176* 176 1175* 175*
L66* 167* 168 168

85

39*
88* 83*
80* 81*
84* 85
7a
73*

188* 122*
14* 14*
•90
9u*
•77* 79* •77
•38
39* •38
34

•19
50
40

21
50
40

•73

'102*
144 149
38* 35* 37
37
37*

* • •

Nov. 29.

•112

144

36*
38*
75* 75*

81*

84*
8**
85*
75*

58* 59*

74* 75*
135% 137* 136* 138
99
99
99*
123*
133* 123*
14
14%
14*
14*
9C%
90* 80* 90
577*
77* 78*
11* 38
'38
39
'83
'57

•19
•49

78
119
88

'113

58* 69*

Nov. 28.

21
50
41

3»*
83*
80*
84*
73*

84*
81*
85*

Wednesday Thursday,

Range

Sales

Friday,
Nov. 30.

[Vol. LXXl.

1.

Weekly and Yearly Eecord.

Daily,

STOCKS— HIGHEST AND LOWES! SALE PRICES.
Saturday,
Nov. 24.

Page

(2 pages)

1

185
118
103
405
109
402
70
lie

.

FAA
SorlpSs 1914
Blghth Avenue— Stook.
Scrip 8s 1914
4 2d A Gr St Fer— Stook..
42d St Man A St N Ave..
.

1st.

101

890
106
892
60
113

lstmortes 1910.. MAS
8d income 6» 1915. JAJ
98* '01
Lex AvA Pav F 5s-8«« Stk Bxoh 1st.
l

Ninth A venue— Stook ....

198

301

Street

Railway.

Bid.

Ask.

801
198
Second Avenue— Stock
1st mort 5s 1909.. MAN «107*
.

.

Consol. 5s, 1948.. .FAA 1118
Sixth Avenue— Stook..... 305
Sou Boulev 5s 1945.. JAJ {111
So Fer 1st 5s 1919.. AAO {108
Third Avenue— See Stook Bxoh
5s.l988 107
Tarry

W PAM

Yonkers St
28th

RB

A 29th 8ts

list.

109

104* 107

6s
.

1st 5s. '96

Twenty-Third 8t^-8took.
JAJ
Deb 5s 1906
Union Ry 1st 5s '42. FAA

{118
400
103
113

Street

114
410
106

Railway.

Westohest 1st 5s

'43.

<f&

Bid

.JAJ {106

Ask _
110

BBOOKLYN.

180

335
115

RAILWAYS,

Atlan. Ave., 5s

109
114
116
h list.
104
>so
388
hange list.

1909.AAO {107

5s g 1931
A A"
Impt 5i— See Stook Bxo
B. B. AW.B. 5s 1938 A*U
Brooklyn City— Stock
Cons 5s— Set Stock Bxo
BklynCrosstnSs 1 908 J AJ
BkinHgtslst 5s 19 41 A Ac
d'kyn (J Co.A Sub— See St
BklynRap.Tran.— St* HV

Con

.

106
104

* • •
•

•

if

••

•

1

ok Bx. lift.
ok Bx. List

,

Dec.

1,

THE CHRONICLE —STOCK

1900.]

BTOOKS-HIQHEST AND LOWEST S ALE PRICES.
gaturday,
Nov. 24.

18*
*
6i* 62*
29* 30
lu

•85
•83

7*

7*

•48
•17

82*
30* 30*

67

'7*
•17

1'*

113

•94

17

75

75

•118
66

75

71* 72*
80* 8'*
8*
% 81*
»I
10* 10*
•63

56

71* 72*
81* 81*
8* 8*
21* 31*
10* 10*

53

56

2b* 29*
88* 29
12* 11
11*
34* 131* 31*

ill*
184*
•185

145

1137

87* 98*
81*
67* 6 7*
81* 31*
81

•89

98
38
165

86
•161

90

36
1161

43* 4«*
78* 72*
8* 8*
89* 41
•5
5*
121* 24*
49
50*
96

89* SO

•133

90
36
161

5

5

25

43*
72* 72*
8* 8*
39* 40
*4*

5

34

84

48* 63*
98*
29*
95

96

76*

76

77

43* 44*
87
87*
131* 133* 135* 133* 136*

138
•116

117
95
43

195

43* 45*

88

83

116

117

•98

U

116

118

93

• • • • t

••••••

88
109

1140

4P*

49

49

176
8*
8*

180

8*

51* 53

52* 53*

•186* 130

130

16*

130
16

51* 53*
•125

135

193

193
35* 38

90

90
50

48*

76*

76
156

•103

140

67

67

38
1161

•116

•102

16* 16*
17*
198* 191* 193*

103

o

.

132* 184 Amerioan Sugar Refining.
1116* 116*
Do
pref
Amerioan Teleg.

42* 48* American Tin
87
88
Do

W

105* 108* Amerioan
Do

A Cable.

Plate

pref
Tobacco.......
pref.

48* 49* Anaconda Copper

go

©

Brooklyn Union Gas..,
9*
rumw. DookAC.Imp't.

9

Colorado Coal A

"ea" "sa*

as

olorado Fuel

Do

120

iiao

©

,

180

176

I.

Der't

A Iron.

35* 36*
98
93*

90* 90*
48* 49*
76* 76

Continental Tobaoco

Do

pref.

50

75* 76*

168*169
55

54
J102

103

49

49

48

5*

•4*

•4*

48
5

50

51

•4*

•71
•96

18
38

73
100
12

38*
93*
•80* 81*
'93* 94*
93

42
74

36* 37*

•93* 93

•103* 103
•84

163
•6

44
85
•195

78
•16
•78
550

SI
86
198

5*

102*

85
70

•92
30

94

94
80

'3*6*

93

93

61* 62

75

71
86

37*

Federal

Do

pref.
Gas A Bleo. of Bergen Co.
General Hleotrlo
, , . ,

Gluooie Sugar Refining.

Do

i'ii" 168

•35
153

•6

7
44

•8

44

33
69
16

17*
75
48*

33

84
70

70

35
70

•5

6

23
•5

IS*
19

4r*

75
50

,

14* 14*
75* 76
29* 81*
SO*
88

r;

77

47*
14*

75* 76
29* 31*
87* 88*
5

130

130

•83* 83*

and Mked prloei sales

1

no

Railway.

Bid.

Ooney Island A Brooklyn. 335
JAJ 103
lit 5s 1903

1135
84

Es oertf s indbtl903.JAJ

103
••••41

ar.8t.ANsw lst5s'06AAO 104 105
A Lorlmer St. 1st 6s. 105
Kings Co. Elevated.—
let 4s 1949—3«s Stock Exch. list.

Qr'pTt

75
110
JAJ
86
WewWmb'gAFllstex.4*s 104
8teinwaylste*l923. ..JAJ {116
If assau

Blec pref

5s 1944
1st 4s 1948

AAO

135
84

Laclede Gai

65
85
70
6

80
114

89
lo6

118*

(St.

180
••••••

Do

3,600
3,323
S.200

Highest.

21*Apr
Jan 9 66*Apr
23*Sep 24 35*Apr
43*Jan 27 65 Aug.

15*Deo
43*Deo
33*Deo
35*Jan

86 Jan

Jan 16 04*Nov
5 May 24
7»< Nov
38*May 26 54*Nov
64

Pep 25

76

5 68*.Tan 24
2 144 Nov 37
44*Jan 10 74*Inov 31
70*J'ne 23 83*NoV 21

6*Mar

16

Sep
J'ne

8

44*Sep
21*J'ne
10 Sep
30 Sep

9*Apr 87
34*Apr 27
l)*Mar 26
58*Apr 2
33*Mar 28
20*Mar 3

16
20
18
23
18
26
24

57

39*Sep

89 Sep
2S*J'ne
60*J'ne
64 May
120 Jan
44 May
98 Jan
(103 Oct

14*Mar
58 Mar
34

J'ne

3*Aug

100

96 Jan
6* Jan
23 J'ne

1,970

10

50

382 79*J'ne

pref.

1,400

400
300
100

pref.
pref.

7,590
pref.

733

pref.

10,400
1,617

NewCent.Coal (new stock)

15* Aug
Aug

83

38*"ct
S9*Ocl;
20 J'ne

79*J'ne
40*J'ne

86*May
Nov

30
6,665 113

100

N. Y. Air Brake

Sep

24

19
33
31
21

12
25
25
26

Columbus (O)StRy

30
90

19
17
6
6
1

81
15
3

1,301
4,400
5,249

pref
Silver Bullion Certlfi. , .
loss-Sheffield 8.

Do

AI

8* J'ne
Aug
5 9* Jan

....

pref.

22,585

81

United States Hxpreii....
Cnlted States Leather. .

800
250
230
«19

45

7

110
110
280
29

102*
105

84*

Railway.
Ry— Con 5s.-Sm P

Street

Bid.
hila.

30
133

Oct

84
30

Deo
Deo

77*Deo
24 May
70 May
33
84

t78*Ceo
121

Deo

31*Dec

37*Jan
87*Jan
50 Apr
04*Apr
48*Nov
86*Sep
73 May
l06*Mar
182 Mar
123 Mar
105 Apr
52*Apr
09*Feb
229*Apr
150 Mar
Apr

70

Apr

93*Apr

67

Not

76*Mar
110

Jan

117* J'ly
68*Jan
96

Jan

36

Feb

25
1

19

84
85

Feb
Deo

l03*May
30
62

Apr
Jan

107* Jan
40*Jan
115 Jan

63 Apr

00*Aug
43 Jan
330 J'ly

17*Not
55 Jan
81

33*3ep

16*Uec
60*Deo
58*Deo

79 Aug
65 Apr

6*Sep

15*N0T

38

Jan 126 Sep

15*Jan
Mai
Mai

It Nov
17*Deo

45
89

Jan

70*Nov

60

3

5*J'ne

12

84*Deo

Jan

40*NOT
81*NoV
57 Apr

44 Jan 2
37*Deo
04* Jan 3 99*Deo iai J'ly
137 Nov 12 130 Deo 185*B«p
88* Jan 5 82 Deo 99*J«a
I

RAILWAYS,

Street

New

6 3* Feb

90*Deo l39*Apr

71 Deo
Mar 12 151 Oct 37 {45 Deo

I

Dei

61

Aag
44*J'ne
75 Deo 91 Sep
Nov 28 156 Jan 2 07*Oot

Oot

Ask.
list.

97*Oot
52*Mar
5160*Au
J'ne
31 Deo 41*Sep
72* Deo 85 Sep
8*J'ne 16*Nov

88*Jan

1

consecutive pages).— S1RBET

Ask.

Jan

64

J'ly 17

8 104 Feb 2
13* J'ne 19 17*Oct 23
10 J'ne 18 25 Feb 7
56*May 9 77* Feb a

48

Dec

171*Nov
60 Nov
103 Nov

76 J'ne 25 199
49

45

133

17

27*Feb 6
70*Feb 6
16 65*Nov 3
20
17*Oct
26
Nov 21
••••••
200 59*J'ne 25 71 Nov 20
4*Mar 6 10* J an 3
700

.

Apr
Feb

31*Deo 32*Sep
13*May 21 Nov
45 Deo 50 Aug

19
95*Jan
12
37 Deo
2
14
95 Ceo
13 115*Jan 11
97 Jan
6 2«*>ov 13
17 Deo
6 75 Novl
63*Deo
30 5 *Nov 37
2 10*Jan 26
9 Deo
20 40 Feb 13
30 Deo
26 66 Feb 8
70 Nov
10 80 Jan 5
51 Mar
11 100 Jan 4
95*J'ly
30 18*May 2
5 Jan
21 40*Nov 17
31 Deo
18 96 Feb 7
89 Deo
11 28*Feb 5
23*Deo
11 106*Feb 20 103*Deo
19 48 Nov 15
15 76*Novl4
33 53*Feb 6
31*Deo
26 97 Feb 6 85 May
25 64*Nov 19
14 105 Nov 13
80 37 Apr 30
36 Oot
25 175 Nov 30 110 Deo
23
1
Nov 81
6*Jan
7
9 Feb 2
6 Mar
11
57 Nov 10
35 Deo

57* Feb 6
77* Nov 31

70*tep 26 8i)*Novl0

Steel.

Oot

38*J'ne 5l*Deo
66*Deo 84*Jan
8*Jan
6* Dec
19 May 85*Apr
7*Dec 13 Aug

76

10
15

Jan

38 Jan 73
118 Jan 141

Dec
Deo
4 11 4* Deo
14 110 Jan
13 594 Deo
19
20 Deo
31
74 Deo
2

900

Pullman Company.

7*DM

55
18

8*Deo l4*Feb
64 May 75*Jan
38*Dec 44*Jan
6*Jan 18*Aug
17 Jan 40*Aug
87 May 44*Nov
10 May 14*Oot
40*Jan 58*Nov
13*Deo 25*Mar
117*Dec 343 Feb

6*Dec

25* J'ne
81*Oot 11 11 1* Apr 3
32*Sep 28 58*Jan 17

pref.

J'ne

44*J'ne

6*J'ly

49

91

13
4

Ontario Silver
100
Paolflo Mall
8,140
eopTiGai-L.AO.(Chlo.) 101,180
Pressed Steel Car
5,860

t • «

105
38

5

27

13*Jan

Do

9

16 1108 Jan 5110 Feb
23
12
10*Deo 2l«Mai
12
51 Deo 68*Sep
7
30 Deo 46 Nov

15,885

C1TIBS.

MAN

2

38*May

39*Deo
Deo

. , ,

RR—

Apr

Jan
3*j'ne

66

68*Apr
38*Mar
44 Not
90*Not

19 130 Deo 160 Mar
25
9*May 20*Aug
5*Apr
10
l*Jan
54*Nov 2i S0*Feb 64 Sep
131*Jan 17 88 Jan 130 Dee
21 Apr 2
8*Feb 21*Sep
201 Nov 17 163 J'ne 223*Mar
38*Nov31 30 Dec 8 5* Apr
95 Nov 30 71 Deo 103*Aut
98*J'ne 14 63 Jan 101 Aug

.

Buffalo Street Ry— Stock. 100
1st oonsol 5s 1931. FAA {117
5107
Deb 6s 1933
Stook.. 355
Chicago City
87
Street
Ry....
Indianapolis
108
Cleveland City Ry
Cleve City-lst 5s '09. JAJ 103
83
Cleveland Bleotrlo Ry....
MAS 103*
Con 5s 1913

N'v28

31*J'ne23 46*Nov 3"
8*J'ne 20 16*Nov8(
21*J'ne33 37*N v 37
30*J'ne 18 48*Nov 19
10*J'ne25 18*Nov27
49*J'ne 25 67*Nov 27
13*J'ne25 21 Apr 17
45*Mar 2 135*Jan 3

13* 14*
7*J'ne 25
16,760
Do
78* 75*
pref.
5,001 65 J'ne 25
38* 30* United States Rubber.
44,480 31 J'ly 6
88
Do
85
pref.
10,060 88 Nov S3
•130 135
75 L20 J'ne 1
Wells, Fargo A Co
est. Union Telegraph
83* 83*
1,485 77*J*ne 33
t Hx 1 00 p. e. stook air. * Bx rights.
i Less than 100 shares,

Bid.

22

9
17
17*N.,v 30
20 fe Nov 37

ll*J*ne26
8*J'ne 25

Nov
Nov
85 May

pref.

I

140

Lowest.

116
100

Louii)

Standard Rope A Twine.
78* Tenn. Coal Iron A RR
Texas Pacific Land Trust.
«17* 17* fnion Bag A Paper
u Do
76
76
pref.
5

Street Railway*.

Preferred

1,735

—

78

.*»*••

(Given at poot of
OTHBR

69,800
8,025
80
4,160

Manhattan Beaoh Co

Col St

100

B'kC.ANew5s'39.JAJ 114*

•69

6

on this day.

sales

Ask.

64
28

Highest.

120 117 Oct
2,100 11* J'ne
13,444 4164 Sep
26,835 31*May
5,575 70 May

pref.

16* 17 Republio Iron A
Do
65* 65*

71*
16*
18* 18*

13* 14*
75* 75*
28
89*
84
87*

aoo

1300

65
25

77
50

7
43

40*
100* 103*
52* 52*
85* 85*

71
16
•74
149

14*,890

.

19* North Amerioan Co

•6

7
44

89* 69*

71* 73
16* 16*
17*

30
175

165
19

197* 197* 198 199
16* 18*
85* 65*
•64

14

[SO

32
170

18* 19*

44

198

135
•180
135
84*| 84* 84*

Street

71

20*

OUT8IDE SECURITIES
,

92*

19

74
100

Range for previous year (1899)

Sep 22

170 111 Jan 2 1150 Nov
90,089 93*Nov 38 99*Nov
8,035 12nJan 15 25*Nov
1,718 57*J'ne25 6W*Nov
1,700 30 J'ne 25 37*Apr
320 88*Sep 19 100 Apr
870 24*Jan 4 37 Nov
48 1143 Mar 6 187 Nov
5.8S5 27* J'ne 26 49*Apr
820 60*J'ne 19 78*Feb
5,939
6 Nov 19 16*Feb
7,031 88 Nov 20 60 Feb
1,100
3 J'ne 12
7*Jan
1.603 18*J'ne 27 31*Jan
43.471 34*J'ne 18 54*Nov
6,810 85 J'ne 25 90 Nov
4,650 17 J'ne 25 50*Feb
550 64*Sep 28 86 Feb
185,175 S8*J ne 25 59*Apr
4,660 69*J'ne 25 95 Feb
183,870 95*Mar 3 137* Jan
30 107 Mar 2 118 J'ly
11 587 Sep 87 5 98* Jan
13.915 18 J'ne 25 45*Nov
3,806 70*J'ne 25 89*Nov
72,290 84*J'ne 25 113 Nov
100 128 May 17 140 Feb
9,726 37*J'ne 85 54*Apr
200 140 Jan 2 181 Nov
6*J'ne 35 16*Jan
8,290
*Nov 20 2*Apr

400

Steel..,

37* ^atlonal Bliouit
93
92
Do
•19* 30* National Lead..
Do
94* 91*
89* 39* National Salt
71* 73
Do
36* 37 National Steel
92
93
Do
61* 63 National Tube Co
104 101*
Do

93

17* 17* 16* 16*
64* 66* 65*
64* 66* 64 ss*
5

76
50

37*
»93*

100
16
3d

98% 101* 100* 108* 99* 100*
53
53* 51* 53* 51* 52*
85* 85* 85* 85* '85* 85*

71*

17

12

38*
98* 92*
61*
61* 61* 61
103 103* 103 103*

33* 87*

5

18*

•35

iy* 80
20* 20*
96
92* 94* '92* 95* •93
39 41
41
39* 39*

73*

* Bid

15

•78
•95
•18
37

•71* 73*

38* 38* »28« 38*

93

1198

14*
75* 76*
88* 80*
87
90*
84

10

6

14

•180

15

30
185* 170
18* 18* 20
7
7
45
44* 44

16* 16*
64
84*
•64* 65*
•84
•69
5

•10

71* 78*
95 100

'24

08* 99*
51

73
100

108* 103

33
163

18*

71
97

93

61*

50

5*
15

16
60

823

22* 23 International Paper
74* 74
Do
pref.
49* 51 international Power
a* international surer
'4*
517* 17* Knickerbocker loe (Chic.)
Do
pref.

82* 88
71* 72*

23* 83*
71* 73*
47* 51*
•4*
5*

3,823
8,457

Detroit City Gai

49

H. B.ClafllnCo

83* 89
78* 78* 71
72*
83

. .

pref.

•15* 16* Col. A Hook. Coal A Iron.
193* 196 Consolidated Gas (N. Y.)..

94

•108

pref.

American Llnieed

Do
pref.
•S* 5* American Malting
24* 25
Do
pref.
50* 53* Amer. Smelting A Refining
94* 97*
Do
pref.
87* 80 Amerioan Steel Hoop.
77
77
Do
pref.
48* 44* Amer. Steel A Wire (new)
87
8?
Do
pref.

38* 36*
94

pref.

Do

8

36* 88*

137

'127* 135

pref.
Oil

American Dlitrlot Tel ....
A merl oan Bxpress. ........
American loe

•92

51* 53*

37*
04*

Do

American Cotton

41* 42

117

92

800

pref.

American Car A Foundry

•71* 78

38* 39*
5*
21* 24*
52*
38* 98*
29* 29*
76* 77
43* 44
86* 87*
133* 133*

Lowest.
15
49

VTlscellan's Stock*.

37
163

7*

Range for year 1900
On basis of too-sh're lots

630 61*J'ly
200 136 Jan
131,070
34,613
8,700
6,525
7,085

. .

A dam i Hxpress. ........
98* Amalgamated Copper.

IP

35

Do

1103

2.

80

400
378
880
81,166

2d pref

Wiioon. Central, new.

145

St*

•158

8*

8

11
34

31
•90

86

41* 43*
79* 72*

48* 50* 49* 50*
78
76* 75* 78*
587* 67* 167* 67*

105

9,735
141,450
18.500

pref
Tot. tr. ott
lit pref.
2d pref
Fr., rot. tr. Otf
1st pref.

Page

Wee/e.

Shares

15* U.Louis Southwestern..

587

161

168* 167 169* 168 169* 167* 169*
56
55*
55* 65* 555* 55* 55

88

Sales
of the

2,138
9,860
13,200
37
43,835
Do
pref
323,765
43* Southern PaolfloCo
18
341,635
Southern, TOtlng tr. otfi.
67U
85,708
Do pref., rot. tr. otf
19* I^exasA Paolflo
33,310
<
115
3,580
hlrd Avenue (N. T.)...
489*

20*

30* 31*
91* 91*

50

16
16*
193* 106* 194
83* 36* 36*
98* 93* 93* 94
93*

•16

167

84

•135
94

48
48*
178* 178* 178* 178*
9* 10*
9* 9*
49

50
180
10

W astern

A G. III.

Do
Do

76

11

93* 98
20* 81

137

•176

Grande

Do
,; t . J.

.

33

42* 44* 42* 43* 42* 43
88
88* 88*
88* 87* 88* 83
110
109 110* 108* 110* 108* 109*

43*

tlio

7*

[

11*

132*

48

48* 49*
576

44* 46*
87* 88*

93
37
165

90
37

39* 30

•75* 77

55
89

145

182

43* 44*
72*
8* 8*
40
40*

•38

11

94* 97
20* 31*
67* 67*
31
81*

71

595*

96

140

80
95

* lit pref., Tot. tr ctfs
2d pref., rotlng tr otf 1.

Do
pref
73* 78* Tnlon Paolflo Ry
81* 82* U Do
...pref
3* 8* Wabaih
21
21*
pref
Do
10* 10* Wheeling A L. B., new
•53
65
Do
lit pref.
2s* 88*
Do
2d pref

71* 73*
81* 88
8* 8*
30* 80*
10* 10*
•53* 55*
28* 28*

33* 34

98* 98*
20* 21
67* 67*
31*

*

(2 pages)

Twin City Rapid Transit.

11*

11

3>fc

38*
43*
17*
ee*
1»*
112*

71* 73*
81* 83
8* 8*
30* 81*
5°5*

63*

31
•78

15

144

144

63

46*

46*
14*
35*
41*

113
66

L> eadlng, voting tr. otf 1.

76

46*
15*
37*
43*
18*
J8* 67*
19
20*
118* 112*
66* 68*

45* 46*
14
14*
35* 38*
40* 4i*
15* 18
64
66*
19* 20*

19* 19*

•51* 53
3 Do
17* 17*
Do
19* 19* U. L. * a.

17*
19* 80*

18* 20

73*

7*

STOCK8.
Y. STOCK EXCH.

N.

7*

51

51

PKICBS

Friday,
Nov. 30.

•94*

95

•7*

7*

17*

65* 68*

85

"95

50

34
34*
40* 41
14* 15*
88* H4
18* 18*

19* 80*
68* 64*
30* 32*

19

150

14

•118

19
83

51

17* 18
78*
78
45
45*
•18

Nov. 26.

•90

96

Tuesday, Wednesday Thursday,
Nov. 28
Nov. 27.
Nov. 29.

Monday,

1

..
..
,
.
.
,

,

Railway.

Orleans City
Preferred

Ry

<fc.

Bid.

Ask.

24* 25*

110
Crosst'wn— 1st 5s..
99*
5103
J C Hob A Paterson.
20* 31* North Chicago— Stook.... 197
4s g Nov 1 1949. .MAN
1st 5s 1906-16
JAJ 107*
82* 88
118
North Jersey St.— Stook.
Kansas City Bl 6s...
5110
24*
Bonds
Guar 4s 1928
91
JAJ i 89
83*
Pat Ry oon 6s 193t .JAD 119
Lake St (Chic)Mev-Stock
9* 10
Gen 8s 1914
deb 5s 1928
AAO 105
JAJ 93* 93
119
t rov A Pawt'ok-lit 5s '33 {113
LouIst St Ry— 5 p o bonds 5117
83
loohester Ry. .,.,,,
82
20
Common.
113
Oon 5s 1930
Preferred..,...,...
113
AAO 5108
2d 5s 1033
,.JAD 88
LynnABos-lst 6s '24. JAB {118 114
Minneap St Ry-5s '19. JAJ {108 no
i Buyer pays accrued
inter

100*
•

••••

108*

1

IS*

1

,

••••«,

115
38
100
85
est.

N

9
5
1
1

.

.

THE CHRONICLE. -BOND

110*
BOND8
N.Y.8TOOK EXCHANGE

W»rk Ending Nov.

Price
Friday,
Nov. 30.

n

Week'e

Range or
Latt Sale.

Si*

30,

2*
i
pqgq

BONDS.

$ince

N. Y. STOCK EXCHANGE

Jan. 1.

See So Ry
Mid. S^eea^.f L..AW.
Albany A Susq. See D AH.
Allegheny Val. See Penn Co
AUeg. & W. See B R. & P.

Alabama Cent.

Week Ending Nov.

High.

Cen of N J.

See

I.

1995
Ann Arbor lstg 4s
Atoh T A 8 Fe gen g 4s 1 995
. .

1995
Adjustment g it
1995
1995
Registered
1995
Stamped
Equip trser A g 5s.... 1902
Registered

u
A-O

Registered
Q-Fi
South w Dtv lstg 3*§.1925 J -J
1925 J -J
Registered

Cen Ohio Rl stogies 1930
Beech Creek. See N T C A II.

A Car.

102*

94
93*
101% 102*
98* Oct/00

634

90

Sale

90
86%
79% Deo '99

1692

106

'

87%

"90"'

51

90

Gen gold

94%

98* 103
98* 101*
78* 10

Registered

96* 206

Bale
Sale

P-A

97* 102%
99% 101
85

87*

87%

104

89

90

765

111
111

M-8

91

85*' 91*% ChloAN'west—Con

1937 M-S
1947 J -J

5s

US*

118*

lstg 4sgu.l998

Buff A Southwest. See Erie.
BuffASusq 1st gold 5s.. 1913
Registered
1913

>•••••

A-O
A-O

J-D
A-O
A-O
R I F A N W 1st g 5S.1921 A-O
MA8tLlstgug7s....l927 J-D
Canada South 1st 5s... 1908 J -J
2d 5s
1918 M-8
Registered
1913 M-8
BurORANlstSs

1906
Conlst&ooltrg5s....l934
1934
Registered

J'ne'99

• • •

109
•

i

103
130
128

Apr '97

100

Nov'99

Nov'00
Nov'00

114*

108% Nov'00

118

118
117
105

112
108
108

108* 108%
108%
lo4

92

93

93

93
118

ten

129
184

108
115
115

118
Nov'00
Jan.'99

131

128

109

118%
117*

••• •••••'

108*
108%

105
106
104

Apr'00

Am

97

Sale

51
15

52
17

S*

8

105*
125
125

1911 A-OH
IstoongSs
1939 M-N
Registered
1939 M-N
Gen gold 4%s
1992 M-S
Registered
1992 M-8
Craig Valley 1st g 5s.. 1940 J-J
R A A DlT 1st con g 4s 1989 J-J
2dcong4»
1989 J-J
Warm Spr Val 1st g 5s 194 M-8

113
118
118

101%

105%
105

. .

109

109*
104

Ask.

97

99

Onion Trao (Chlo) Com.

13

13*

Preferred
United Rys (St L Transit)
Preferred

63*
19

64
80

63

66

1946

JAJ

I

84* 84%

111*
100% 101*

0n'd TrABleo(PTov)-Stk 110

West Chicago ot
Cong 511986

MAN

Worcester (Mass)Tr-Com
Preferred

95*
130

125

114*

J'ly'00
Sep.'OO

105

Aug'00

103*

61

27

134*
109
168

174*

US* Nov'00

120

120

117%
110%
117%
116%

119
121
!20

Oct.'00
Sep.'OO

117
118
130

Nov'00
Sep.'OO

108

81%
106

174*
119*
111%
121*
119%

180
131
133
S7% 144

108% 118%
108* 113
108* 111%
107

105%

107

HOW

114*119%
111

117

107

110

107* 107*

. .

107

109%

116

119

118
180

193
180

108* 108%

Oct.'00

93

Nov'00

• s *

101%

93
100
101
93

113% 113%
103% Nov'00
111* 111*

HI* J'ne'99
100* Oct-'OO
136* 138
108* Nov'00
ISO* 180*
114* Sep.'OO
134

114%

98%

116
118

116%
106
116

114%

99*

108
84

136%
132*

ise*

Sale

106

47

189
137

184

96

96

188%
103* 109%
105% 107%

88% 86%

136%

133
May'00
129* Nov'00

133
140

129

93%

93*

Sale

107

114

181
131
140

186%
140

187

106

133%

519*

118* Aug'00

97JJ

Oct.'99

100

105

186

91

93%

105

99*
103
117
113

118

130

Oot»'99
J'ne'99
Jan.'00
8ep.'00
Oct.'00

108
117

103
117

Nov'00

111

114

94

101

110

HI

101

101
97
98
104
99

Nov'00
104
May'99

94
83

Nov'99

108% 113

18

100* 103
130* 188

108

118* 133
116

188* 188
113
115

Oct.'00

116%

111*117
100
10 118

I • •

f 7s

Registered

118*113*

. .

1914
1 98
1934

Peo A
Income 4a..,.,,.

lLorA Wnoon

1

1990
1st 5s. 1933

106%

114*

Aug'00

135

185% Ang'00
t

•

116%
185* 186

• • • t

188% 187

Nov'00

184

-j

101%Oct.'00

92*
34*

1-0 93 92* 92%
Apr 34 Bale 34
111
A-O 109*

A Marietta. Bt* Pa RR.
A Mahon Val g 6a.. 1938 J -J
1938 Qu-J
RegUtered
Clev A Pitta. 0m Penn Oo.

H

94

114

Clev
Clev

Col Mldl'd— lit gS-4i... 1947
.1947
litg 4
1929
Col A Sou 1st g 4s
Col A 9th At. Sm Met St By.
Oolum A Greenv. Sm So Ry.
Val. Sm Hook Val.
Col A
Ool Conn A Term. Sm

94

106

W lltpf 0I...1938 Q-Jc
Bast lit eon 4s. 940

OInd A

Oct.'00

105* Apr'00

184

180

J

J

F-A

»

98

100* 10

114

134
|

101
J'ne'99

104

CASlitMCCCAI7s.l901 A-O 100*

(

113

CAlconsol7s....l9H

Gen oonsol gold 6s

107

108*113

103

.

Consols

104%

"as

Aug'00

116

CC

108

100% 106*

51

133%
122%
187*
189*:

i

100*

1936
Registered
Cln 8 A CI oon lstg Ss.1928

113*

117
115
105* 113

Nov'00

WW

93

118% 117

1993

1990
RegUtered
Spr A Col Div 1st g 4s 1 940
lstg
1940
Val Dlv
4s.
C I St L A C ooni 6s. .1920
1936
lstg 4s

86%

4

L—

W AM

106

a7 100* 108

Nov'00

* • * *

1905
1937

Cairo Dlv 1st gold 4s.l939
Div lstg 41.1991
OlE
St L Dlv 1st ooltrg 41.1990

100* 103
106*

86% 2171 81*
111* 111*
5 109%
101* Nov'00
100%
104% Apr'00
104%
Nov'00
1C5* Nov'00

Geng4

96
103

105

33%

102

C C C A St

139

» 1 i

120

115*121% CinSAC. SeeCCCAStL.
Clearfield A Man. Set BRAP.
117

117

"l

no

See 111 Cent.

A-O
2dgold4*s
J-J
CinDAIlstgug5s...l941 M-N
113 117%
115*119* CIStLAC. SMCCCAStL.

5

U8%:
113%:

'.'.',',',,

96

82* 53
9* 18%
4% 8* ChioStLANO.

ClnH ADconsf 7s

ISO*

101%
106*

96

Chio St L A Pltti. See Pa Co.
Chlo StPMAOcon 6s.. 1930 J -D
Ch St P A Min 1st 6s. .1918 M-N
105 106
Nor Wisconsin 1st 6s..l930 J-J
107* 111*
13 117* 128
8tP*8Clty lstg 6s.. 1919 A-O
11 116
125ia Chic Ter Transfer g 4s. .1947 J-J
130 130
Ch A West I lsts fg6i.. 1919 M-N
General gold 6i
1932
118* 115%
Chio A West Mioh Ry 5s. 1921 ?:g
1921
100 1C5
Coupons off.
54 100 103* Choc Okla A G gen g 5s. 1 91 J-Jd

J'ne'00

103
106* Nov' on
98 J'ly'00
101* Apr*99

88* 97

ib'i%

ioi%

84%

92

G

Sep.'OO

84
106

May '00

138

61

78*
78*

Sale

78

78% 369

84

Sale

78*
83*

79
84

180

78%
71% 80
78% 8?

68

8

66

NAW

A Pas Rlvi lit g 4s. '43 A- O
A (H So. Sm CM AStP.
107
Dak
alias A Waco. Sm M KAT.
116*
Conn

(Given at foot of 7 oonseoutivb pages).— GAS SECURITIES,

Ua.u Securities.

Bid.

Ask.

99* 100

So Bide Bl (Chlo)— Stock

Nov'00
Aug'00

week. (Bonds due July. iDue Nov. IDue June. 1 Due Jan. f Dae May. aOptlon sales. bDue Aug. cDue April. ADme Oct.

OUT8IDE SECURITIES

4i 1934

J'ne'99
Oct.'OO

103

* «• priee Friday; latest bid and asked this

Gen

Dec '99

101*
94* Aug'00

Sale

102

1

5s,

95
102
106

120
117

M-8 101%
M-N '103%
A-O
MllsRivBlstsfg 6S..1912 A-O
Railway, gold 8*s, ...1 950 J-J
85% Sale
Ohio Bur A y— Con 7s ..1903 J-J 111* Sal*
Sinking fund 5s
1901 A-O 101* 102
Ohio A Iowa Dlv 5s.. ..1905 F-A '100
1922 F-A 102
Deny Dlv 4s
Illinois Dlv g 3Hii..,1949 J-J 104* 105*
Registered
1949 J-J
Iowa Dlv sink fd 5s ... 1919 A-O 113% Sale
1919 A-O 108% .....
<
Nebraska Bxten 4s.
1927 M-N Ill* Sale
Registered
1927 M-N
Southwestern Dlv 4s.. 1921 M-8
Convertible 5s
1903 M-8 186
Debentures*.
1913 M-N
Han & St Jos oon 6s.. .1911 M-8 119
Ohio & B 111. 1st sf our 6s. 907 J-l> 114
Small
1907 J-D
lit oon g 6s.
...1984 A-O 184
Gen con liit 5s....
19S7 M-N 115% 115*
Roelstered
1937 M-N
Ohio A Ind C Ry 1st 5s 1936 J.J 114
Chicago A Brie. See Brie.
Oh InALouls— Refg 6S.1947 J-J 115% 116
Refunding g5s
1947 J-J 102
LoulsvNAAChlst6i..'10 J-J •116% 116*

ByraonseRap.Tr.,

8*

US* Nov'00

.1903
Refundh g gold 3s.... 194^

Bid.

16

8

113* Nov'00

f 6s.

Street Railways.

15%

102*

Sale

402

51* *84

125
130

114

Lex & BSgug5s.l902

.

97
Oct.'00

50%

107* May'00
:27k 126% 127
...,

.

Gold 6s

117

95%

W

ser A.. 1908 A-01

91

Nov'00

96

Le A Hud R gen gu g 6s.'20 J-J
1912 M-N
Leh A
BCSi,
Con eit guar 4%s.. 191 Q-MI 103*
Cent Paolflo See So Pac Co
Charles ASav lstg 7s... 1936 J -J

RK-s

181
Oct.'00
J'ly'99

W

87* 92

92

95* Nov'00
120

.

Alt

.

•

MAN

A

....

. <

CRIaFAN. S«1CR4N.

C P lstg 4s.l948 J-D
Central Ohio. Bee Bait A O
CenRR A B 01 Ga— Col g 5s'37 M-N
Cent of Ga Ry— 1st g 5s. 1945 F-A*
1945 F-At
Registered
1945 M-N
Consol gold 5s
Registered
1945 M-N
lit pref Income g 5s ..1945 Oct.*
3d pref Income g 5s ... 1 94 Oct.*
8d pref Income g 5s. . .1945 Oct.*
Dlv lstg 5s
1946 J -J
Mid Ga A Atl Dlv 5s. . 1 947 J -J
Mobile Dlv 1st g 5s. .. .1 946 J-J
Cent of N J- 1st cons 7s. 1902 M-N
General gold 5s,
1987 J-J
Registered
1987 Q-Jt
Convertible deb 6s.... 1908 M-N
Dock A Imp Co 5s.l 92 J-J

Bill

120%
114%
137*
126%
109*
174*
118%
110%

117% 130*
188*
130*
183%
110*116

130
117
26 118

Aug'00
137* Nov'00
109* Nov'00
110
Nov'00
108* Sep.'OO
107
Mar'00
107 Nov'00
103 Nov'98

. .

113*

108%

Cen Branch

Ohio

Nov'00
Nov'00

.

Garb A Shawn. See 111 Cen.
Car Cent. See Seab A Roan.
Carthage A Ad. SeeNTCAH.

ChesAOhlog6s

ISO*

U8%
U»

Gold 7s
1902 ?--£ 109 ....
Registered
1902 J-D 106 ....
Extension 4s. .1886-1926 F-A
Registered . .1886-1926 F-A
Gen Gold 3*s
1987 M-N
Registered
1967
116
Sinking fund 6s. 1879-1929 2:8
117
111
Registered ....1879-1929 A-O
Oct.'00
Sinking fund 5i.. 1 879- 1 929 A-O 108
108* Op* 108*
Registered. ...1879-1929 A-O
107* Nov'00
108
103
25-year debentures!. .1909 M-N • ••*•
105 Deo '99
Registered
1909 M-N
30-year debenture 5s.,1921 A-O
118* Nov'00
Registered
117% Feb '98
1921 A-O
81nklug fund deb 5s ... 1933 M-N
119* 119*
120
Registered
1933 M-N 120 Sale 120
Des Mo A Minn 1st 7s. 1907 F-A
'00
Bscan A L Sup 1st 6s. .1901 J-J
Feb
108*
Iowa Midland lit 8i. .1 900 A-O
103 Nov'99
112% Apr'00
MUA Mad 1st 6s
1905 M-8 111%
North Illinois 1st 5s... 1910 M-8 110*
112* Apr'00
OttCFAStPlst5i..l909 M-8 Ill 118* 111* Apr'00
Winona A St Pet 2d 7i 1 907 M-N 120
120* Nov'00
135
135
Mil L 8 A
1st g 6s.. .1931 M-N 134* 136
Bit 4 Imp sf g 5*. ..1929 F-A 124%
124* Nov'00
Mich Dlv lit gold 6s 1924 J-J 138 ••••• 187* Aug'00
Ashland Dlv 1 st g 6s 1 925 M-8 138%
139* Apr'00
107* Nov'00
Convertible deb 5s .. 1 907 F-A 107*
109* Aug'00
Inoomei
1911 M-N
Chlo Rook lsl A Paces
1917 J-J 181 133 188 Nov'00
130 Nov'00
Registered
1917 J-J 189
Generalgold4i
1988 J-J 109* Sale 108* 109*
107% Nov'00
Registered....,
1988 J-J
96 May'00
DesMAFtD lit 4s... 1905 J-J
88* Aug'00
1st 2*i
1905 J -J
lint
98*May'99
Extension 4 s
1905 J -J
110 NovOO
KeokADeiM 1st 6s.. 1923 A-O iV6"
Small
1923 A-O
Chlo A St L See Atoh T A 8 Fe

iii" iiS"

May'00

'-39

7s..l915

175

118*116*
109 118*

I

A-O i.b'd%
ClAMah Istgug5s...l943 J -J
Booh A Pitts 1st g 6s. .1921 F-A 128%
1922 J-D 129
Consol 1st 6
iWeit

119%
Ufi%
115%

,

.

See Brie.

Debenture 6s

!2r*

.....

122

J-J
J-J 174 ....
J-J Ub% ....
J-J 111%....
J-J
J-J
Wis & Minn Divg 6i..l921 J-J
Mil at No 1st ML 6s... 1910 J-D 119
....
let consol 6s
1913 J-D

Brans & West. SerSavFAW

All

119%

1910
IstlAD Bxten 7s
1908
1st La Crosse A D 5i.. 1919
Mineral Point Dlv 5I..1910
1st So Minn Dlv 6s. ..1910
1 Bt Southwest Dlv 6s.. 1 909

92* 97%

326

166

106

.

l0f% 101
98% Nov'00

I.

166% 169

Nov'00

175

lstHastADDlv7s...l910 J -J 126% 138

M

T A Brie.
BuffRAPgeng

. .

1916 J -J
.1924 J -J

tine*

Jan,

172*173*
Jf6* 178g

114* NovOO
112* Nov'00
105* Feb '98

1989 Q-J!

DakAGt8og5s
Far A Sou assu g 6s.
5s

96

167% Aug'00
172* Apr'00
169* 8ep.*00

J-JI 112*

Registered
1989 J-JI
Chic & L Su Dlv g 5s. .1921 J-J
Chic A Mo Rlv Dlv 5s .1926 J-J
Chio & Pao Dlv 6s
1910 J-J
ChlcAPW lstg 5s... 1921 J-J

105* 106

Apr'00

4s series A.. .1989

Sale.

i. '*<

San§*

ll
BQ<g

Atk Low. High, No. Low. High

Bid.

Oen gold 3*s series B.1989 J-JI 108

See Illinois Cent.
K A T,
Booner Bridge. See
Bway A 7th At. See Met 8 Ry
Bklyn A Montank. See L Isl.

Buff N

30

Week
Range or

J -J 174
J -J 174
J -J 174
J-J 174
1914 J-J 114%

Terminal gold 5i
Sale
Sale

94

Novt
Novt
Novt
J -J

PJunAMDlvlstg 3*sl925 M-N

Bel

Price
Friday,
Nov. 30.

3^
ST

A St Paul—
A gold RD.... 1902
lltCAM7i
1908
Chio Mil & St P oon 71.1905
lit 7s

%

1st gug 5s. 191

[Vol. LXaI.

1.

M A St P— 1st 7s 8 g RD.02

Chlo A St Lou 1st 6b.. 191 = M-8
Atlanta A Char. See Sou Ry.
Atl Knox & No 1st g 58.1946 J-D 105
107
Atlanta & Danv. See So Ry
Allan A Vad. See South Ry
Auitln ANW. See. SoPac.
A S. See Mich Cen
Bat Creekprior
1 g 3*s.l925 J -J
96
alt & O
Sale
1925 J - J
Registered
1948 A-Ot 100% Sale
Gold 4*
1948 A-Ot
Registered

MononRlv

Page

Chic Milwaukee

la

Am Dock &

.

(5 pages)

Range

A$k Low. High No. Low.

Bid.

PKICES

91

N

Gat Securities.
T A Bait River Gas—
1st 5s 1944

NBW

Bid.

JAJ {113

Ask.

114

JAJ 108* 111
Consol 5i 1945
YORK.
104
Cent Union Gas— lit 5l $106* 107% Nor Cn 1st 5i 1937. .MAN 108
Oon Gai (NT)— Stook— T Stk Hxon Standard Gas—Common. 130 138
108
150
Preferred
quit GasMAN 1115 117
1st 5s 1930
Con. 5s 1982— Sm Stock Ex.11 St.
.

Mutual Gas.
N.

Amsterdam Gas—

897

808

OTHBR

CITIES.
Baltimore Consolidat— He #Balt.

1
Bay State Gas—
1108* 109
NT Bleo Lt Ht A Pow— N. Y.Stk. Hxeh Boston UnltedGas Bonds- •Bosto
7
Gold 6s— Sm N. T. Stk. xok. List. Buffalo City Gas— Stook.
1 68
1st 6s Bonds

1st oonsol 5s, ...........

Hm»

Securities.

Gas— See N Y Sto
llnolnnatl Gas A Coke..
3ol Gas L A Heat—Com..

Chicago

List

1%
nT.ii

10
71

Preferred.,,,...
1st 5s 1933

Cjnsolid
1st 5s

JA1

Consol Gas (Pitts).... 50
60
Pref

Bonds 5s
Consum Gas

(J

Bid.

ok

Mx

193

10

IP*

107
16

78* S3
60

116
City)— Stk 108
MAN |104

1st 6s....
jAnd interest

Ask.
or.

39

74
JAJ {106

Gas(NJ)— Stck

1930

dtc.

58*
113*
106

106

tPrtce per sh are.

N
JJ

Dec.

THE CHRONICLE.-BOND

1900.]

1,

.

Week's

Range

Range or

since

BONDS.
N.T. STOCK EXCHANGE
Week Eire ma Nov. 30.

Price
Friday,
Nov. 30.

Del Lack A Western 7I..1907
Morrll A Bliex lit 71.1914
1871-1901
7

M-S 1.8O
18**
M-N 136
137*
A-O 102* •«< 102%
140
J -D 140
140
J-D

Last Sale.

Jan.

1.

Oct.'00
Oot.'9b

138

141*

133
116

137*

AH—

M-8

litPaDlv7i.l917
Del
1917
Registered

M- 8

141
l?l
129

1936 J -J
1 938 J-D *106*....,

lltoong4*i
5s

RioGSogu. SwRioGrSo
Des M A Ft D. S«CS*IP.
Des M A Minn. Se* Ch A N W.
Des M Un Ry 1st g 5i. 1917 M.

141
118

Oct.'00
Sep.'OO
J'ne'99

DetMATol. SmLSAMSo.
Det A Maok litlleng 4s.l995

87
e

aitTVaAGa. SM.BoRy.
AH lit g5i... 1941 M-N
Lei A B 8. SsiOAO.
Him Cort A No. SssLehANY.
1947 M-N
Brie lit extg4i...

109

N Y AHrle lit 71.1916 J -D
AS W gold 61....1908 J1908 J -J
Small
Chio AHrle lit g Si... 1982 M-N

11

Jeff

108

108

11

Sale

116

116*

.....

104* Oct.'00
"li
138* 137

A Imp lit our6i.l918 J - J 116*
N Y A Green Lgug 5s. 1946 M-N

Y8AW—

J-D

Wllk&Easlstgu g5il942

A

Brie

8ee

Pitts.

BseanALSup.

Pa

BurekaSpringi lit g 81.1938

F-A

Ht

J

ATH lit oonSt..... 1931

1923 A-O
Mt Vernon lst6
Sail OoBr'oh Iitg5i..l930 A-O
Bv&Indlstoongug 61..1926 J -J

SssGhMAStP.

Fargo A 80.

A-O
M-N
A-O

Flint A PereMgBi... .1920

1st ooniol gold 51....1939
Pt Huron DIt lit g 51.1939
Fla CenAPen 1st g 5s.. 1918
1st land gr ext gold 5il930

95
118

Apr '00

toe

106% Nov'OO

J

-J

J -J
1943 J -J

ConsolgoldSi

68

126

110

NOT'97

125*

120

102* 110
108

121*
106*

Oct.'00

120
102

183*
103*

OolltruitgSi

107
100

Nov'OO

100

Col tr 6-80 g 4s .,..1903-18
1907
Ceoel Br 7s

ire*
Sep.'OO

••••*•

75*
64*

Sale
Sale

66

no

10?
100

••*.

Mar '98
77
66

78
66

70
55

18
40

104*

100

98*
99* 99*
89

104

1951
1951
1951
1951
Registered...,,,
let gold 8s sterling.... 1951
1961
Reglitered
Coll Trait gold 4i
1962
Reglitered
1952
L N O A Tex gold 4i. .1963
Registered
lit gold 3*

105

-.)

110*

,B

•J

115

J

i

.)

•

-195-(

.1

1953

J

-

103*

Gum

Securlttee.

N

y Bxo

A Hudion Gai
Wayne (Ind)

Bsiex
Fort

lit 6i 1925.,

Bid.

86
03
100

Grand Rapids— Stock
Iit5i 1915
FAA 1105
Hartford (Ct) Gas L... 25 t 48
Hudson Co Gai
36
5igl949
109
Indiana Nat A 111 Gas—
lit 6il908
MAN 65
Uidlanapolii Gas— Stock
79
lit 6i 1930

MAN

97

lie

113* 113*
104* 106*

Aug'00

100

105

104*
103*

Jan.'99
)04
Jan.'00

101
98

104
98

103* 101* Oct.'00

100

103*

88

(>

116*184
108* 119
110 112*

134

Aug'98

104

111
110
111

Nov'OO
111* 108* Nov'99
112 J'ly'OO

98

109* Oot.'99
103* Nov'99

111

93

92

J
J

Ask.

87
45
60
1C6
107
51
40
103

183 " MaV'99

B H A Nam

...1940

1931

lstg 61.. .1919

Sentucky Cent g

80
80
100

tBoa*

AAO

Laclede Gas— N Y Stook
Lafayette (Ind) Gas

611934

HI*

119

...... .•«•«
•

»VJIJJ

•a...

m«m

91* 93*

Sep.'OO

M-S
A-O '109
M-S
y-o no*

180

Oct.'00

103

103

102* Nov'OO
Oot '00

100

96*

95*

MAN

Bid.

20

J-D

112

no

Ang'oo

107
105
109

Jan.'99

118

.

118

no*
M-N 110
J-J 100* Sale 100
J-J
111*
M-N 109
99
A-O 98*
M-e 104 107 108*
D

112

»

99* too*

Hie:.-..

40
50

48
60

Loganspt A Wab Val—
80
JAD 50
1st 6s 1925
70
75
Madison (Wis) Gas— Stok
AAO {104 108
lit 6s 1936
141
1140
Newark Gai 6i 1914
58
Newark Ooniol Gai ..100 se
JAD tics 108
Si 1948
New Hng Gai A O— SmBo tonL lit.

199

96

103

97* 105
100 108*
98*
85
106

110

May'00
Nov'OO

105
105

105

Oct-'OO

118

188

no*

4i.

. .

Nov'OO

100*

e • •

127'

Oct.'00

117

130
117

109* Nov'99
186* Sep.'OO
63* Oct.'00

189

197

63* 68*
95* 99
107*

109* J'ly'OO
111* Nov'OO

109

109

107

i«t tee

••

96*

Oct.'00
•••>"
Oot.'99

Sale

104*

105

#••»*

•••

108* in*
36* 100
103* 104*
111* 115

Oct.'00

99
99
107*Jan.'O0

114

» I •

Sfe

107* IIS*
96* lOlJi

Nov'OO
Nov'OO
Nov'OO
Jan'9«
Nov'OO

116
103
130
117

1987

J-J 98*
LANAMAMlltg 4*1.1945 M-S
..1937 F-A ill*
Peni A AU lit gu g 61.1921 F-A 112
SANAoongug5i....l936 F-A 109*
Sinkfd(SANAlgei..l910 A-O HIM
L A Jeff Bge Co gu g 4l. 1945 M-8 ••••*»
LNAAO. SmCIAL.
MahonCoal. SmLBAMS.
anbattan By oon 4s. 1990 A-O 104*
1990

A-O
J-J 117* Sale 117*
W
J-D
tfeK'ptABV. SmPMoKAY
( etropoUtan HI. SMMan By.
Mex Cent oon gold 4i... 1911 J-J 81*
81*

110*
111

•••••• iiiiii

76

99

105*

118

117*

70

89

• • • • e

117*

MetropolBl Istg8i...l908
Man S Oolonii g 5i 1934
.

Nov'OO
Income g3i...l939 J'lyl
86*
26* gale 26*
Sd oon lnoome g 81 . , , 1939 J'lyS
12
13* 18*
13*
'.917 A-o
Bouip A coll g 5i
2d series g 5s ..,,,,1919 A-O
dex internal lit oon g «i.'77 M-8
84*
84*
1937 J-D
lex Nat 1st gold 6s
93
103* Apr '06
8dlno6s ACp itmpd.1917 M-SI
65
Apr '00
81
Sd lnoome gold 6s B..1917 An.l
18* J'ly'OO
.1910
dax North lit gold 81.
J-D •108 110 105 May'00
1910 J-D
Beglitered
,

7

20* S9*

IS

10

IS

83* 88*
108*

103

81
17

81
18
100

lOi*

Mloh Cert. Sm N Y Cent.
Mid of N J. SMKrie.
SAW. Sm Ohio A
Mil A Mad. Sm Ohio
Mil A North. SMChMAStP

«m Await.
Ask.
30

152

180

•!>• ******

108
107

NFlaA81stgug5i

NW

utlAStP.

Gas Becurittee.
100
Kansas City Gas
lit

106*111

•

»

Due

AN W
SMChMAStP

April.

I

Due January.

1

Due

October.

(Given at foot of 7 consecutive pages).— Q AS* TEL.
5H933

..••• «••»«
al

101*Sep.'99

C

LCln A Lex g 4*1.. .1931 M-N •112 118
1930 J -J 129
N O AMlitg §r
Id gold 8
1930 J -J 116
Pensaeola dlv gold 81. 1980 M-8 110*
1931 M-S 122
etLdtv lstg 6
1980 M-8
8dg8i
63

ML

I>

n. list.

85

JAJ

ibs"

108*

108
Sale

OUT8IDE SECURITIES
Detroit u&i-tlH

104*

114

J'ne'00

these are lateit bid and asked thii week.

Friday

98

103*Apr.'98

J

1931 F- A

Middle Dlrreg Si

89

113* Mar'00
106* 107* 106* Oct.'00

A- O
A.1

• »0 STlae

116

,..
...

m -ft
M -8

Cairo Bridge gold 4s. ,195c
Registered
1950 J-

Dir g 8*i

104*

105* Nov'OO

J

70

Nov'OO
117*Oct.*00
111*113* 111 Nov'OO

1S3*
116*

let oon

M- N
1953 M- «

Beglitered

Beglitered

.

W

lit gold 4

103*

Sale

61

3,

63* 03*

Begistered

oon g 4*s.l999
1999
Registered
V 1st ext g 41.1948
Col
Houst B A
T. See 80 Pac
Ho tis A Tex Oeu. See Bo P Co.
fUinoii Central—
lit

117*

Oct.'00

63*

•

A St J. StoOBAQ
Han
oniatonlo. See NYNHAH.

LouiiTllle

1930
1937
1940

General gold 6i..
Gold 61

100

«•••»« *••«••

77

111

A Nashville-

Sep.'OO

Grand Bap A Ind. See Pa Co.
Gray'i Pt Term See StL 8W

Begmerea

NorShblstoongguSi..'32
La A Mo BIT. Sm Chi A Alt

105

105

68*

68

M-8
A-O

A

1914

Unified g 4l

123
107
109

94
62

83
54

* » >

Georgia Paolflo. See So By.
Gila V G A Nor. Bee 80 Pao Co
Gout A Oiw. See N Y Cent.

1.

1945

1911
N Y B A M B oong 61.. 1935
NYARBlitg5
1937

Sm8P Co.
GiT al Oar ASA.
al HAH or '83 lit 51.1913 A-O 101
102 Nov'OO
Ga A Ala Ry lit pf g 01.1945 A-O
106 Deo '98
1945 J-J^
lit GOmol g 5a
98* 102* 98*
98*
Ga Oar A No lit gu g 5i.l939 J-J
99* Jan.'00

AH

M

Louisville

ADO—

Hook Val

-J
J
A-O

..1941
North Ohio lit gu Si. .1943
See N Y Cent.
L 8A
8.
LehVal(Pa) ooilg 5i..i997
Reglitered 5i
..1997
LehVNY lit gug 4*8.. 1940
Reglitered
1940

litSi...

128* Nov'OO
106* Nov'OO

107

119*123

116* Nov'OO

Long Dook. Bet Brie.
Long Iiland—
lstoong Si
...1931 Q-JJ 181
104
1st cong 4i
1931
115* 180
gold
103
General
4i. ,,,... 1988
107* 111
1st
gold
1922
Ferry
4*i...,
M-e 101
98
99*
Gold 4i
1933 J-D
97*
90
Unified g 4i
1949 M-8
96* Sale
108* 113
95
Debenture gold 5s. .... 1 93 4 J-D
•«•••• ••••1
Bklyn A Mon lit g 8s. 1911 M-b 116
104
109

no

109*

96

. » »

106* 110*

118

• • 1

J'ne'00
Oct.'OO

Ft 8 A V B Bge. See StLASF.
Fort St U D Co lit g 4^11941 J
lit g 4-6i. 1931 J.
FtW
Ft
A Rio Gr 1st g 8-41.1938

W

99*

-J 123

A-O

1st general gold 5s. ...1942

ake:Bri«AWlitgSi.l937

117* Leh A Hud R. Sm Cen of N J
104* 104* Leh A WUkeib. Sm Cent NJ
136*139* Leroy A Oaney Vai. SnMo P.
Lex At A P F. Sm Met St Ry.
118

oou'98

no

94
94

Co.

SmCANW.

KeokADeiM. SmCBIAP.
SnoxvUle A Ohio. Btebo&j.

K1C ANlltglltpf6l.l914

117* Nov'OO

\oe*

*••««• .*

S3 114

Sep.'OO

118
109

M-N
A-O

lit refSl. 1937 J -J
N
2dgold4*i
1937 F-A
General gSi.-,
..1940 F-A
Terminal lit g Si..., 194S M-N
Begli«5,000 each. 1943 M-N

KaniaiMld. Set St L & S i
Kentucky Cent Be* L A N.

Gold guar 5i

6*

107" Oct.V00

58

A-O

1950

Reglitered..

Feb '98

Dock

1946

2"

140

102* 102*
lu3* Hi

See Brie.

M-N
M-N
J-J
J-J
184* 14
Leh VTerRy litgug6«1941 A-O
Reglitered
1941 A-O
37
93
L V Coal Co lit go g Eg,. 1983 J-J
67' *75*
Reglitered
1933 J -J
Leh A N Y lit gu g 4i. ..1945 M-8

123* 123*

,...,

Long Dookoon gold 61. 1935 A-O 187

Small

us

119*119*
113*116*

93* May'9w
75* 332
74%

Sale

105* 108*

fale

lie*

32

Sep.'OO

68

107* 118

101

102* Nov'OO
103* Aug'00

86
93* 1/alAAGR. SmLSAMS.
JVan A Mloh. 8ee Tol A O C.
76* 90
KC AMBAB lit gug 51.1929 A-O
107 UO
KanOAPae. SmMKAT
If tC •••••
Kan C So lstg Si
1960 A-O
!*••**
i'16" 110'

118* 116 Nov'OO
128?t 128* Mar' 00
106* Apr'99
189
140* 189
143 Deo '98
Sale
91*
91*

1C5*

J-D

Registered

7* J'ly'OO

108

100* Nov'OO

91
58

RR.

135" iaeU
138

138
100

Sep.'OO

132*

• • • * (

119* Jan.'00

123

inov'98

136* Nov'OO

103
103
100

114

119* 181

Aug'00

182

106

100
•••••«

90

t

Nov'OO

Oct.*00

182*

Jefferson

25

100

111

135

1919

Lj adgoldSi.

115
1919 M-8 120
1923
M-8 116
Sdeztgold 4*s
1930 A-O 1H0*
4th ext gold 6l.
1928 J-D 109
5thextgOld 4l...
1920 M-8 139*
1st eomol gold 7i
lit ooniol gold fd7i..l920 M-S
trie lit con g 4i pr bdi.1996 J -J 'b'i*
1996 JReglitered
lit con genllen g 4s. ... 1 996 J - J "76*
1996 J - J
Reglitered

Mid RBofNJlltg8l.. 1910

A-O
M-N
M-f*
M-8

Nov'OO

Sale
Sale

\

2d ext gold 5i

BB let ga gold 5t.l909 A-0!i
Coal A RR lit ga 61.1922 M-N

Int A Great Nor—
lit gold 6|
3d gold 5i
8dgold 4i

1935
1848

5s..

99* 101

O0t.'fl9

121
90

100

99*

90

102*

1?3
91
66
116

Hlli

Buff
Buff

A Wilt g 6i... .1935

1909
1921
Iowa Central lstgold5i.l938
108* 109* Iowa Midland. SMChANW.

108* May'00

106

109

101*106*

J-D 96 "90 98* Nov 00
1995 J-D
88
90
Gold 4s...,
90
Dul A Iron Range 1st 5s. 1937 A- O •107*
108 Nov 00
1937 A-O ••«••• • «»•
Registered
1916 J -J «••••• »••
2d 6s
DulRedWA81itg5i.l928 J -J
92*Feb.'99
Dul 8o Shore A Atg 5i,1937 J -J 115
115 Nov'OO
East of Minn. SMStPMAM.
Blgin Jol

Dlv lit g4i.. ..1951
1951
StLSou lit gug4i... 1931
Reglitered.

litguarg 5s
103* 104*
96* 100* Ind ill A la 1st ref g
106

J-D
J-D
J-D
J-D
J-D
M-8
J -J
J-J

1951
1951
1951

Mem

Ind Deo

91*

1951
1951
1951
1951

Reglitered

1

148* 148*

Ask. Low. High. No. Low. High

Bid.

Gold 3*i
1

L

Jan.

30.

Registered

112*118*
47* 48*

sine*

Last Sale.

BeUevAOar lit 81.... 1923 J-D 134
98
CarbASlltg 4s
1932 M-e
Ohio StL AN Og5i..l951 J-D 125

141
121

Rang*

Week's

Range or

J-J 91* 91* 91*
J-J
J-J i02*8aVe" 10t*
101*
J-J
100
Spring Dlv lit g 3*1.1951 J -J
Beglitered
1951 J-J
Weitern Line lit g 4i.l951 F-A 113*115 118
Registered
1951 F-A

iiiJsiiB"

10^*
106*

108*
106*

10s

.

Nov.

Gold 3*1
Beglitered

146*148

1906 A-O
Registered
1906 A-O 111*
111% Nov'OO
Guar gold 6»
1906 A-O
Registered
118* Aug'00
1931 M-N 146*
148* J'ly'OO
Bens A Bar lst7s
1931 M-N
148* J'ly'00
Registered
BE.
Pa
Del R1t hr Bge. Sm
1U8 Oct.'00
Den A R Grist gold 7s.. 1900 M-N
1936 J . J •ib'6* ibT' 100
100*
lstoong4i

Improvement gold

Wbbx Ending

181
103* 106
118* 132

148* 146* May'00

146

A Sailstoongu7sl906 A- O 115*

Alb

EXCHANGE St

1105

2.

Prtct
Friday,
Nov. 30.

BONDS.
N. Y. BTOCK

1

N YLaokAWlit6l..l921 J -J *119" 188* 136 Not'00
1933 F-A
123
IIP* 119*
Oonitruotlon 5i
1933 M-N
103* Oct.'OO
Term Almpt 4l
71.1906
A-O
116* Nov'OO
Byr Blng * N T lit
1900
A-O
108 Aag'98
Warren 3d 7

Page

(5 page 8 )

Ask. Low. High. No. Low. High
Nov'OO
122*124* DJ Cen. (Con)—
St Louli Dlv g 3i.
137*
136
148
Beglitered,..,
Nov'OO
102*107*

Bid.

lstoonguar 7s.... ..191 6
1916
Registered

PKIOES

1

.

Bai Secnrltlei.
Ohio A tud Con Nat A 111—
OhloADJd— lit

6s

'26JAD

Peoples Gas A Coke— N Y
Philadelphia Co— See Bos
Providence Gas. ...... 50
St Joseph (Mo)

Si 1987
JAJ
Si Paul Gai— Stook
Ooniol 5i 1944..., MAS
ayraouie Gai— Stook...,.

Ilt5il946..
Weitern Gai (Mllw)

Si—Be* N Y

St

Bx

JAJ
Hit.

Ask.
32
28
66
so
Stook Bxoh
ton L lit.
t 95
88
81
98
i 91
so
>••••»
81
i 77
10
9
90
98
90
Bid.

IDueJely.
<&

eOpttoa

1ELEPH.*

<Mo

Bid. Aak.
Teleg. 4b Teleoh.
Talva. <St loiepn.
American Diit Tele— NY Stook Brek
Bell Teleph. of Buffalo..
Central A South Amer.. ..
Onei A Poto Teleph— 8tk
5s 1909-29
JAJ

no

Commercial Cable
Oommer Union Tel (NY).

170

100

67
103

118
TO

B mplre A Bay State Tel.
Brie Teleg A Telop— See S tekBx
Franklin
*

And

47
interest tPrlee per

ili

120
108
70
,,.*t«

17B
19S
!•••«'

Lilt

56
are

1

. .

;

THE CHRONICLE -BOND

1106

Price
Friday,
Nov. 30,

BONDS.
r.T. STOCK EXCH ANG E
Wkbe Ending Nov. 30
M inn A St L— 1st g 7i .1927
.

.

.

19S4
lit ooni gold 5i
lit and refund. 4s.... 1949

Mln JBtLffU.

SMBOU4N

IttFlit 5i it 4i lnt gu..'38
M 88MAA lit g 4i lntgu.'28
M 8t PA88M oong 4i lntgn'38

BooneYBdgOogug7i..'06
Dal A Wa lit gu g 5s. 1940

SherShASon Istgug 5s.'43
KO APaolstg4o....l990
Tebo * Neosho 1 it 7i. 1903

83*

liteong 6i
Trnstg 51
Registered
1st ooll BC'-i 5s

Registered

117

97%

Bale
Bale

99%

Bale

V A L lit g 5i '26
Pao R of Mo lit ex g4i. '38

116*

St Louis

A Iron Mount—

113*

Genoonry Aid grig 5s'31
Gen aon stamp gtd g 6s 3
1929
Unit Aref g 4i.

111

'

83%

1929

Registered

Bale

Verd V I A W lstg6i..'26
MlllRlTBdge. S»« Ohio A Alt

70*

72

90

Sep.'OO

• • • •

95*

18

86%

94
107

J'ne'00

110*

Sep.'OO

112*

113*

113

113

61 108
1 109
210 76

LA

113

84*

110*110*

130

at ate aaaaa*

iso"
120* 126
ia'o"

87
109

SuNTOiH
M

A Biiex.

LAW

See Del
lit 7s '13

Nash OhatA StL

J-J
M-8
M-S
M-8
J-D
J-D
M-N
1905 M-N
Registered
Lake Shore eol g 3*s. 1998 F-A
1998 F-A
Registered
Mich Cent ooll g 3*s..l998 F-A
1998 F-A
Registered
Beeota Ork 1st gu g 4s. 1 936 J-J
1936 J-J
Registered
1936 J-J
Sdgugold 5i
1936 J-J
Registered
Cart A Ad lit gn g4i.l981 J-D
1997
Registered.
Debenture Ssof. 1884-1904
Registered.. ..1884-1904
Beg deb 5s of . . . 1889-1904
Debenture g4s.. 1890-1905
1890-1905
Registered
Debtoertsextg 4s. ...1905

io7*

118

Deo'bd

ill

Deo '99

110
105

•

*io4«
• • •

•«

•mi 105

.....;
!••«•<

.103

108% 118
108*111
108 111*

101

100*

97%
9i

%

86%

»

Aug'00
Nov'00

109*

Bep.'B7

Sale
Sale
Sale

101* 108%
ib'i"

97

97* 106
9f

106
• •

•«•••

• •

•••••• ••«••• ••••••
•••ft •••••! •••••«

108%

J'ly'00

96%
96*
96

110

102% 108
105 107*

l

96* 99

3

96*

42

Sep.'OO

• • • •

109* Aug'00
i

110

• • e •

105

105

102*

110
120

» » »

Nov'00
104%Feb.'99
101 Nov'00

9i

F-A

•

93
95
94
108

at*

98
98
97

110*

J'ne'98

••

iitiii aaaate
•aaaaa •••••a
•aaaaa aaaaa

t a • •

••••••
ttttta

a

tae

• f *

J'ly'00

102

Feb

118
118 114* 118
118* ..., 118

J-D
J-D
J-D HO*
Gold 3*s
J-D
Registered
OlnA BlitgLSAMS7i'01 A-0
1
7s
906
Tol
lit
F-A
Det Mon A

5s

Registered

8t 1st gug 3s. '89

J-J
J-J
M-N
M-N
M-8
M-8

M

133
186
106
103

•No

Rlvgug

trice Friday

t

4|.'22

ttta
• * a •

[nbarnatlon Ocean...,.,.,

Mexican Telegraph

.....

Paolflo

A Atlantic.

Provldenoe Telephone.
Southern A Atlantic

180
165

.

113
1*81

114
113

Jan.'00

114

114

108

101*

110
139
ISO
129

186
188

24

Nov'00

!33*

Oct.'00

181

Nov'00

29

Oct.'00

184

1

99*
97%

129%
9"* a»%
97% 97*

99% 171
J'ly '00

107

107 " 107
108
»»

107
102

101

104%
104* 104%
Sale

70%
66*

Bale

102* 106*
101
106W

330

105

Sep.'OO
isfo
71
Oct.'00

68* 78*
63* 68
131*183*

131% Nov'
133
134

Ut*

J'ly '9n
Oct. '00

134"

i'a'i"

Oct.'00

109

118

97* 100*

100* Aug'00
88% May'00

116%

101

Ask.
118
130
118
* a

a a *

183
170

83

96*
99

1937
1901

6s.

U6* Nov'00

,13

130

110

109
90
60

110

P.

SmOANW

Sale

111%

106

105

M-N
lit g 4*1.1921 J-J •116*
Registered
1921 J-J
Gtd3*scoltrustreg.l937 M-S
C StL A P lstoon g 51.1932 A-O
Registered
1932 A-O
Olev A Pitts oon s f 7s.i900 M-N
Gengug4*sier'iA.1942 J -J 124
Series B.
1942 A-O 133*
Series C 8*s
1948 M-N 104*
Brie APittgug 8*s B.1940 J-J •••ta taeae
BerlesO
1940 J-J aaaaa* aaaaaa
N* CBdgegengug4*s.'45 J-J
aaaaaa •••••
PCOA8tLoongng**s—
Series A.
1940 A-O 116 116^
Series Bguar
1942 A-0 116 116%
Series Oguar
1942 M-N
Series D 4s guar
1945 M-N
Series B guar 3*s ..1949 F-A 100* ,..,
Pitts Ft W A O Ist7i.l912 J-J 186* ...,
3d *••••••••••• ••••* >lrl« J-J 137 137*
«u #• ••••«•••••••• lwl# A-O* 131 ...,
PennRR lit real ei g 4i. 1923 M-N •110 ...,
Ooniterlingg 8i
1905 J-J
Con ourrenoy 6i reg.. .1905 Q-MK lima aaaaa
Cong 5i
1919 M-8 aaaaaa aaaaa
Reglitered
....1919
aaaaat aaaaa
Oong 4s
1943 M-N
Sr RAI exist gug«*i.l941 J-J
01 A Mar lit gu g 4*s. 1 935 M-N
DRBBABgelstgu4sg.'36 F-A
AUegh Yalgengu g4s.l942 M-8
Sun A Lewis 1st g 4s.. 1936 J-J
UN J RR AOan gen 4s.l944 M-S

l « s t • i

103

aaaaaa

133

88*

108

105

138*
185% 139* Kansielaer A

110

6*

131

aaaaaa

1
ttta
• ••a

Oct.'00

• • » *

aaaaaa aaaaat
ee teat aaaaa

108

110

t Dae Jan.

*

166
41
11

Consol Bleotrlo Storage.
Bleotrlo

Mfg

C0..25

t

170
46
14
14

Bdlson Bl 111 Co NY— N Y Stook Bxch
Bdlson Bl 111 Co Brk-N Y Stock Bxoh
Bdlson Ore Milling Co.
9
11
Hleotro- Pneumatic Trans
8
8*
Fort Wayne Bleo.Co 6a
80
30
Series A
16
86
,

181

J'ly'00

108*
117* 131

103*Mar'00
121

181

108

Oct.'00

102** Nov'00

101*103

•••••
......

.*.«••

......

••«.* ...tit

116*
117*

116*

114

Sep.'OO

113
109

Nov'98
Apr'00

mm

•

J'ly '00

131

May' 97

•

aaaaa
•

••a

• • • •

it

i»imi

aaaee

184

aa eta

aaaaat

iatatt iitii,
•aaaaa ttttti
• aaaa ttttta

•••• aa

a

117%

108* 109
100 101*
135 189*
186* 187%

101* J'ly'00
136* Oct.'OO
137% 137%
131
10B

MMtl

113*117*

111

108
109

118%

117

117

Jan.'00

88

88

180

Aug'00
Oct,'00

180
98

180%

101
187

Aug'00
112% Mar'00

111

108

Not' 97

117" May'bo

101

NoV97

Nov'98

118

• s • • •

100
116

Sar.

90*
99%

. .

Due June.

I

88

Due May.

1

J*ne'99

aetata

113*116*

8l""*Ni.
67% 88

88

Nov'00

99*
88%

8ep.'00

8a

a These are option

sales.

Sale

98

Due Not

99% 101
99* 101*

90* 504

89*

Sale

8m D A H.

Blah A Dan. 8$$ South By.
BlO Gr Weit 1st g 4s. .1939 J-J
Utah Cent 1st gu a 4s.l917 A.-Ot
I

90

116* J'ly'00
87% Jan/00
100* Oct.'00
100* Nov'00

100%
100%

a

Due July.

Bid. Ask.
Teles;, db Telpph.
Teleg Telep A Cable— Set Phlla list.
West'n Union Teleg— N Y Stock Nxoh

Bddy

Nov'98

100

(Given at foot of 7 consecutive pages).— TKL., ELEG.,

Electric Companies.
Allegheny Co Light Co...
Brush Bleotrlo Co

111* 116

Oct-'OO

181

1943
lltoonsolgold 5
-ittsAWest 1st g4s... 1917
J P M A Co certfs.
PltU Y AAshlstoon5sl927. M-N
sjadlng Oo gen g 4s.. . 1997 J -J
u» Begistered
1997 J -J

116*115*

1

111*117*

116* Nov'00
116
102
181

108

107* OOV98

116

McKeesAY. Set N YCen
1916
136 138
nttsP AFlst g5s
127* 137* •lttsShALBlst g 5s.. 1940

181

Apr '99

It

Pitts

115* May'00

•••••

A-O

.

Oot-'OO

108

Oct.'00

38

?ltts

108* 106*

118

91*

104* 118

113

1910

• •

106*

186*

J'ly'00

95* Nov'00
75 Apr '00

75

1922
Juno 1st g 8s
J
101*1048 *>ltts A L Brie— 2dg6s .1928 A-Ot

Jan. '00

106*

114*

PlttsOlnAStL. SssPennOo.

104* 109%

106

Sale

188

182

J'ly '99

118

Bale

RlverRR 1st g 5il936

POOABtL. SasPennOo.

106*
106*

111* 118*
77

.

130

A Pek ITn latg 8i . . . 1921
Feb., 1931
8dg4*s
Pine Creek reg guar 6s. 1933

189" 130'

Nov'00

119*191

Telephone— See Bosto nllst.
Raw Bug Telep.— See Bos ton Us t
.

,..,

Q-F
F-A 183
A-O 110*
J-D 100
-M 88*

Pao
131

Aug'00
OcU'OO
127* Nov'00

tfexlcan

Northwestern Telegraph
R Y A N J Telephone.
Is 1980
MAN

114

127

no

J-J

Bid.

r

.

OlevATol lstg6s. .1933
PlttsFtWAOh. SssPennOo.

J-D

116
90
116
116

Bonds
Hudson River Telephone

185% 196
185
189*

70H

111*118* •onsaoolaAAt. S«»LANash
111*114% Peoria Deo A Evansv—
1926 M-N
109*111% 8dg 5s tr reclstpd
110*110* Pao ABast. Bit O O O A Bt L
119

these art latest bid and asked tali week,

Teleth.

116*

Nov'00

OUT8IDE SECURITIES
Teles:. Se.
Joid ABtook

113
Nov'00

103

105
103
181
126

.

Blk

.

Pitta

W

A

17 110
8 110

Nov'00

180

WYA

WA

114*

108*D«o'97
119* J'ne'00

NY A Harlem g 3*1 2000 M-N
2000 M-N
Registered
North lit g Si.. 1937 A-O 120
B A Og con lltext 5s. '22 A-O* 186 188
Oswe A R «d gu g 6s. 1915 F-A I (••••• •••*••
O T R lstgugSs.18 M-N • *••#
B
Utloa

Nov'00
Aug'00
Nov'00

••••*'

...,
....

.

1940 3 -J
1940 J -J

Registered

BatO A

102

U0*Mar'00

PlttlMoKAY— lstgu6l.'32 J-J 141

4i

106% 107*

'00

118% Nov'00
111

lstgo5s.l938 J-J
KAAGR
MahonC'lRRlst5s.l934 J-J

1931
1931

J'ly '98

107*

Sale

1903
1997
1997

Mloh Cent— lit con 7s 1902
1902
lit con 5i
1909
0i

Rogistered otf s
1923
Bt Paul A Dul lit 5s.. .1931
3d 61
1917
1st cog 4s
1968

OO FA St

108

*102*

2361 J -J

1934

70%
1

PaoOoastCo— 1st g5s.l946 J-D 118
aooi Missouri. 8** Mo Pao
Panama tstsf g 4*s.... 1917 A-O 104

.....

Lake Shore eon 2d 7i .1903

lit g 6s. '18

104*
'

BtPANPgeng6i...l923

3finblidyg6i

NYAPutlst0ongug4s.'93 A-O
Nor A Mont lit gu g 5s. '16 A-0 *117*
West Shore 1st 4s gu. 2361 J -J 113

MoKeeAB V

Oet.'97

194
189
138

SssLBrieAW.

Ohio.

PennOo—Gu

Bltum Goal Oorp
lstsflntgug4sserA.'40 J -J
series B. .'40 J -J
bonds
Small
Gout A Oswe 1st gu g 5s.'42 J-D
Mob A Mai 1st gu gis.1991 M-8
N J Juno R gu 1st 4s .1986 F-A

Id guar 6s

...

104*

136

Clearfield

Registered

North nilnoli. SssChlANW.

M-N 118
M-N 130
A-0 139
F-A 181
A-O 99%
A-O
A-O
J-J 106
M-N 101*

130* Ore A Oal. 8— Bo Pao Co.
100*100* Ore Ry A Nav 8u TJn Pao
Ore RR A Nav See TJn Pao
104* 109
Ore Short Line Bee Cn Pao
Oswego A Rome. S11SYC

180* Nov'00
100* J'ly'00
106% 106%

109% 109* Nov'00
1903 J-J 108%
109* Nov'00
1997 J-J 110 110* 110 Nov'00

Registered

VAN

Om AStL litgii

J-J ISO*

NewAOlnBdge. S«»PennOc
NOANNprlorlleng6i.l915 A-Ol
N Y Bkln A M an Bh. See L I.
M Y Cent A II R Iit7i..l903 J -J

1986

104* 108*
103*105

107

May'00

106* 106
107*
101*Nov'9o

106

vi-B
VI-8

Northern Paolflo—
Prior Hen r A 1 g g 4I..1997 Q-J
Reglitered
1997 Q-J
Generalllen g Si
8047 Q-Ft
Registered
8047

hio

NewHAD. fi«*NYNHAH
N J Juno RR. 8»« N Y dent.

Registered

1996
1996
gug5i....l923
Blst gug4s.l989

General gold

1901 J-J
1928 A-0
lit gold 6i Jasper Bch.1923 J -J
1st SlMcMMWAAl. 1917 J -J
1917 J-J
liteiTAPb
Nash Flor A Shef. f it L A N

Registered

106

OIndAW. SssOOOAStL.

2d 6s
1st con gold 5s

G8*l

107
105

Sale

A-0
M-N 132
M-N 118*
J-J 114*
J-J 110%

Wash Cent 1st g 4s
1948
Nor Pao Ter Co lit g 61.1933 3
87
83
2 106*109* Nor Ry Oal. Bet So. Pao.
NorWli. Sm O St P MAO.
Nor A Mont. B$t N.Y.Oent.

13

Morgan'! La AT. SssSPOo.
Morris

Solo

113* North

••«••• «•••»«

110% J'ly '00

109

Registered
Small

OOATli

112* 116*

127% 120* J'ly'00

108*

1.

SssNYNHAH

94
105% 107

K

.

fan.

NYAHar. SssNYOAHud.
m I H^AS* J" D L * w
99% N Y L B A W. 8t* Brie.
NYANB.

••••••

8H*

sins*

Last Sale.

128
119

93

107

130

Bangs

Week's

Range or

76

•

Saie

lxxl

[Vol.

Ask Low. High. No. Low. Hiejh

Bid.

•* Y Chic A StL lit g 41.1937 AO 107
Reglit«red
123*
1937 A- <>
122* N 7 A Greenw Lake. 8$$ Mrle

151

.

83*

83%

180
124
87

Eigh

3.

Price
Friday,
Nov. 30.

••

1.

.

Oct.'OO

•••HI

86

321
50

95

82*

no

Mob ABlra priorlieng5i.'45
1945
Mortgage gold 4s
1945
Small
Mob Jack A C 1st g Ss.1946
Mob A Uhio new gold (5s. .'27
1st extension gold 61.1927
1938
General gold 4i
Montgom D 1 t 1 et g 5i 1 9 47
Cairo gug 4s.. 1931
St
Mohawk A Mai.
Monongahela RIt. Set B A O
Mont Cent. Btt St P A M.

97* 492

•••••• •••••< *•••»•
•••a •••••• Mltll

Sale

Page

8
BONDS.
1 o
N. Y. STOCK EXCHANGE
I
Week Ending Nov. 30. < {

92* 99* NYAPut. SisNYOAH.
83* S5S?5; «•« Long III.
NYSAW. SssHrle.
NY Tex AM. SssSoPaoOo.
106
106
103 106
113* Nov'00
112 116* Nor A South lit g 5s,... 1941
118
118* 31 114%121* Norf A West— Gen g 6s.l931
New River 1st g 6i.... 1938
154
94 101*
98*
lmprvmt Aext g 8s. .,1934
N A W Ry liteong 4s. 1896
99% 75 90
98*
99%

Iiero J A O

1

(5 pages)

Convert deb oerts 81,000
Small oertfs8100
>8t888 ••••»
Housatonio R con g 5s. 1 937
88* 97*
5 * SS£b ' oon *»• • '1918
5
NYANBlit7l
73
1905
64
lit
6s
1905
89
95*
N Y A North. 8*4 N Y O A H.
N Y O A W. Bet lit g 4|1992
90
90
97* „ BfBja t5,000 only. . 1992
88

i

94

99*
83*

Sale

113*
118*
99%

• e • « •

92%
100%Nov'9W

96

PRICES

.

NYNHAHartlstreg4s.'03 J-D

92

105

2d extended gold 51.1938

93

118

••••••
••«•! ••••••

94

1900
1920
1917
1917
1920
1920

Nov' 00

....
....

•••••I •»••«!

g 0I...1942

Nov'00

Low.
143*
122*
122*
124*
111*

May'00

MUX

MKATofTlstgug5s.'42

Mo K AB litgn
MoPao— td7i

Jan.

122* May'00
182* Aug'00
184% Nov'i'O

96% Sale
7iH dale
92* Sale

1990
1944

2d gold 4
lit exten gold Si

rince

Last Sale.

....

•••I

Mo Kan* Tex— litg 41.1990

Range

149

••••••

SssStPMAM

Week's

Range or

Ask Low. High

Bid.
145
123
124
128
116
* 97

Iowa ex lit gold 7s. .1909
South Weit ex 1st g 7i. 10
Paolflo ex lit gold 6s 1921

MlnnUn.

.

,

• a a a

47

FERRY

Ask.

Ferry Of »> les.
El ectric Companies. Bid.
Kerry Companies.
Oeueral Bleotrlo (Ju— N Y Stook Bxoh
Brooklyn Ferry-fltocr
Do pref .— See Boston L 1st.
NYABlst Ssloil.JAJ
Hartford (Ct) Bleo Lt Co. 175
19
Con 5s'48-See Stook Bx
18
,.
Mo Bdlson Bleotrlo
69
Metropolitan
51
Ferry— 5s..
Do preferred
a •
N Y A N J Ferrv—
Narragan. (Prov)BlOo.SO t 98*
1st 5s 1946
JAJ
Rhode Island Bleo ProCo. 119
84
N Y A B R Ferry— Stock,
83
United Electric of N J.
78
lit
St
1922.
77
MAN
4s 1929
United Bleo LtAP Co pref SeeBai to list N Y A IT >boken— Stock.
HjbF'y '«f 5s.*46MAN
4*4 1929— See Balto 11 St.
Oon. os 1946
86
JAD
Woonsocket (R I) Bl Oo..
•

*

•

•

•

M1

W
So

Bid.

Alt-

93
113

95
115

list.

108

110

•

106* 107

•

.

.

lAna

Interest.

i

69
96
80

mi
I

94*

71
98

81
118
95

tPnoe per an •re

91

•

Dec.

THE CHRONICLE -BOND

1900.]

1,

BONDS.

P.Y.BTOCK EXCHANGE

Week Kndino Nov.

30

Price
Friday,
Nov. 30.

II

w

Bid.

Rio Gr Juno lit gn g Si. 1939 J-l>
1940 J-J
BlO Or So lltg 4s
,...1940 J-J
Guaranteed

Boon A

Pitts. See

Rome Wat. <k Og

B RA

• • • i • s

*•••••

St
Bt

LA
LA

M

N. Y. STOCK EXCHANGE

Last Sale.

Jan.

1.

Low. High
71

•

81

Sen

87*

87

e9

90

81

90*

M P.

Wabash

M-N 110*
m-n IIO94 Sale
M-N "0*
J-J 186
J-J 1". 4% Sale
A-O 10S!*
F-A
8tLA8FRRg4s....l996 J-J 88* Sale
'100

110

10* US*

88*
100
93
105

88*

13

79

88*

98* 100

J'ne'00
J'ly'00
Oot.'97

91

M-S

BFANPlst

if g Bs.. .1919 J -J
BavF A
Istoon g 6s. 1934 A-0
litgSi
1934 A-0
Bt John'i Dlv lit g 4I..1934 J-J
AlaMld 1st gug 5s.. .1928 M-N
Brans
1st gug 4s. 1938 J -J
811 S Ooa & G gn g 4i 1918 J-J

W

&W

112

124%

95

M

128*
i'ca

Deo'99

102
83

102

108
i

*

»

128

85

100

83%

8ep.'00

• » »

112

i

t s

J

,

.

i

•

. .

1

.

1

litmort 5i 1919... JAD
Onion Ferry— Stock......
1st 5s 1920
MAN

Bid.

75
{105
30
i

92

99%

60

103
105

103
Aug'00

3

112

112

Ask.
85
108
81
93

Miscellaneous.
98 101
Acker.Mer A Con 6s 1903
Amaig. Copper— Su Stock Exch. list.
Am Agrioul Chem. ..,,... SO 27
Amer Bank Note Co... 60 t 47
SO
Amer Bicycle—Com
7
6*
Preferred.
20
27
Bonds 5
75
MAS 70

112
109% 113
81
87

109

110* 110*
83* Nov'00
134

Nov'99

120* 120*

120* Feb '00
106

Aug'99
98* Ang'00

98* 99
7e%
80%
78* 119 78
no Oct.'00 is* 110 114*
110
108% 108%
3 107
U0% 110%
110% Aug'00
110% H0%
3 110% 112
•

s • • •

116

117% 119
107
'Va 105* 107
Nov'00
104* 109*
116 116*
Aug'00
J'ly '00

Deo'98

106*Nov'97
104* 104% 55 101 104%
118% 112* 409 106 113*
108 Aug'00
107% 108%
108
108
"l5 108 109*
112%Aug'97
94* Nov'00
115
119

185
184

125
184

116

WestNTAPa

lltg

Si.

1937 J -J

Bee

Bid.

F-A

116

121%
94%

113
111

117

117

91*
114* 11»

* % *

tit

113*114*
111

Jan.'00

116*

116*

114

114

ioe*

iop%

100
07

111

104% 10s
36 110* 117
57
105
105
32
95

• »

1

88

•

5
5

116*
113

106*
91

1

78
110
100

J'ne'00
Sep.'OO
Oct.'00

103

85

180*
100
107

Sale

106* 108% 271 101% 106%
1C6* Nov'00
1033 106*

Sale
Sa'e
sale

104%

110

110

Oct. '00

138

114%

104*

18

188
116

15

1

106
121

J'ne'00

102*

Oct,*00

116
104
89

110

100* 104%
126% 180

no*
106

116
106

Mar'99

102* 102*

110
86
111

• • • •

33

Nov'00

37% 533

6 108

110
96

91

5

118
96

109* 118

May'00

Sale

121%

121%

Sale

94%
88*

95*

2 110 128
81
68* 95*

23* 85

Sep.'00

113

m*
109

114*

89*

Sale

110
108
89

Jan.'99

114*
Nov'00
8ep.*00

2 107
,

• * *

1

• • s

90

18

113

115

99*110
98* 108
84
90%

116

Con Gas Co.

86

Sale

84*

87

107

Sale

106*

107

136

Ask.

.

t

IDueMaroh.

1

,

97

84*

110
116
100
96

100
Sale
Sale

Mleoellaneoua. Par.
pref. 100

FAA

84
11

Km Typefo'rs— 8took-100

11

13
30

Amer. Woolen—Com....

75

truer Wringer oom.. .100

60
250 iSOO
1

85

90

Preferred

Pref

88
100
8

Amer. Writing Paper...
Preferred
5s.

Jan.'99

••••• •«••!•

Nov'99
Oct.'00

97

84%

83*
96

J'ne'00

109

Mar'98

64
74

96

104

91

97

83* 85
96

97*

119* 120 119* 119*
132*
128 Nov'00
181
121%

116* ISO*

123

128*' Nov'bo

132

IBS

123

183

\'&i"

126*

'98 % Bale

112

110
115

112*

Sale

118*133*

Nov'00

98%
106
109
116

96* 99

"9S%
Oct,'99
Oot.'99

10

115

107*
•••••• •••••
•••• •••!**

99

Deo'97

91%

Oct-'98

115

•••• •••••
*!••• ••••»•

••«••»

••••I

111

117* 116%

124% 134%
109* Deo'99

128

•

D8.

76
115

115

96

96

ao

113*118

Nov'00

I

..,,

Bid.

50
10

30
58
23
78
108
118

8*
15
71

93

98

100

99* Nov'99
118*

J-D

Due Jan.

80
10

Press Assoo'n. .100

98*
107*

SmPOsCCo

Gas AElec BergCo oon g 5s'49

Bonds 6s

83

12 100

DS.

.

*a preferred, ...... .100
43* 43*
93
92* American Surety...,,,50
^mer Strawboard... .100
75
78

•

Shipbuilding ..100
..100
Preferred
Am Soda Foun—Com. 100

118*
98* 106
83
94*
29% 48*

22 113

116%
104%

38%

115

114

J-J

A-O
J -J
J-J
M-N
F-A
Kings Co El lstg 4s.. 1949 F-A
City A 8 Ry Bait lstg 5s 1922 J-D
o«n Con Tr Co lstg 5s. .1933 A-O
Den Tram Co oon g 6s. 19 10 J-J
MetRyCo lstgu g6s.l911 J-J
Louis By Co Istoon gSi.1930 J-J
larket StORy litg 6s.l9i 3 J-J
let St Ry gen o tr g Si. 1997 F-A
BwayA7thAvl|tOg5i,1943 J-D
Registered... ...... 1943 J-D
ColA9thAv lit gn gSa.1933 M-S
Registered .,
.1993 M-S
LexAvAPFlitgug5i.'93 M-S
Registered
.,,,,, M-S
MetW SE1 (Chio) lstg.4s. 1938 F-A
Registered
193s F-A
Ml SI Ry A L 80-yr g 5s. 1926 K-A
linn St Ry 1st oon g 5s. 191 J-J
t Paul City Cab. g 6s 1 937 J-J
Guaranteed gold Si... 1937 J-J
Third Av 1st gold 5i.... 1937 J-J
UnBl(Chlo) lit g5i..„1945 A-O
W Chlo8t40-yrlitour6i.'28 M-N
40-year oon g Si
1936 M-N
GAS A BLBCTBIO LIGHT BON
Atlanta G L Co lit g Ss.1947 J-D
Bos C Gas tr otfs s f g 5s. .'39 J-J
Bklyn U Gas lstoongSs..'4S M-N
ChGLACCo. SesPGACCo
Columbus Gai lstg Si.. 1932 J-J

AmSodaFn— >st

.......\,

>•
Preferred
A.mer Graphophone.. .10
10
Preferred

Amerioan Screw

109
108
87

111

130*

Due Not.

Ask.
60
16
180
32

63*
32*
79

148

102% 110%
148*

113

143

a These are optlou sales.

& MISCELL'S.

Bid Ask
Miscellaneous. Par. Bid.
Anthracite Coal Co.
8* .2*
t
18
darney A 8m Car
100
16
Preferred
100 105
Bergn A Bng Br 1st 6s.
103* • • ••>
187*
3iiss Company—Com.. 50
•••*••
Preferred
50 125
805
*ond A Mort Guar... 100 895
. .

I

.

British Columbia Copper
jelluloidCo......
100
)ent Firew'rks— Com.100

Preferred

4

18
79

115% 118*

Sep.'00

102% Nov'00
143

(Given at foot op 7 consecutive pages).— FERRY

American Chicle Co

Amer

.,,»,, ,,,,,,
,,•••• ,..«•«

« •

112% J'ae'99
118* Sep.'OO

85

100

M-S

* Due July.

2

Miscellaneous. Par.
American ridge Co-

Amer

J-J
A-O
J-J

Bonds doe Aug.

Amer Mutosoope

••

NT Cent.

101* Gen Bleo Co deb g 5s... 1922 J-D
108* Gr 'iapGLCo lstg 5s.. 1915 F-A
109
g C Mo Gas Co lstg 58.1922 A-O

Preferred

•

Wash Cent See Nor Pao
Wash OA W. See Southern

119
101
104
"89
102
105*

Common

Oot'99
Jan. '98

Nov'00
84*
85

119*135* SqGasLN Ylstoong5s..'32 M-8 118
118 134
3q G A Fuel. Bee P G A C Co.

128*

t

Sale

.

J'ly '00
Oct. '00

105

84*

Detroit City Gaig 5
114% 119
1923 J- J
114 120* Det Gas Co oon 1st g 5s. 1918 F-A
Hd B) 111 Bkn. See K Co BLAP
108*112
Ed El 111. Se«NTG AELHAP

Nov'00

117*
110%

183*
101*
10?*

93* 94*

Jan.'00

117*
110%

102

109

91

J-J
J-J
J-D 104*
F-A 128

.

119
107
107
116

s

M

May'00
Aug'00

99*

aud asked tali week,

OUT8IDE SECURITIES
Ferry Companies.
A 33d Sts Ferry

110
105

• • • •

104%Oct.*00
117
82 Nov'00

W arren BB. 8m Dal L A W

99* 99* Winona A St P. SmCANW
80* 86* WlsOent50-yr lstgen4s..'49
STREET RAILWAT BON
110 110* BklynRapTrg5s
1945
Atl Av Bklyn imp g 5sl934
104* 106*
BkCltylstcon 5s.l916.'41
97* 102%
BkQCoA8oongug5s..'41
100 110
Bklyn Un Bl 1st g 4-5sl950
100 105

99* J'ne'00
ibu
86
85*

II

loth

105
85

Wheel'g A L B lit g Si .1926
Wheal Dlv lit gold Si.1938
76* 85% Bxten A Imp gold Si. .1930
1st con 4s
1949
94% 99% Wilkes A Bast. See Erie
97 100% Wll A Sioux F. Bt* St P A M

690
85
Nov'99
94% NOT'OO
98% 100* 823

M-N 89% Sale
M-N *103* 105*
M-N
M-N
111
J -J
Oong6slntgtd
1912 A-O 110
82 •••••<
Gang 4s lntgtd
1921 A-0
Morgan's La AT 1st 7i 19 18 A-0 184 Mitt
•120
litg6i....1920 J -J
N Y T A Mexgu lstg 4s. "12 A-0
NoofCal 1st gug 6s.. .1907 J-J
Guaranteed gold 5s.. 1938 A-O
OreAOal lstgtdg 5S.1927 J-J
03
8AAAPasslstgug4s.'43 J-J 79* Sale
SoPof Argu Htg6i.'09-10 J -J 112
BPof Cai lstg 6s.. 3905 A-0 108%
1st gold 6sserB..1905 A-O 109
1st gold 6s
1906 A-O •110*
lit gold 6s
1912 A-0 •U8*
lit oon guar g 6s 1 937 M-N
Stamped
1905-37 M-N 106% 107
B Pao of N Mex 1st g6s.'ll J-J
B P Coast 1st ga g 4s.. 1937 J-J
Tax A N O 1st 7s
1905 F-A
Sabine div 1st g 6s.. 1912 M-S
Oon g5s
1943 J-J 104% Sale
Southern— st oon g 5s. 1994 J-J lls»% Sale
Beglstered
1994 J-J
IS
••••!
Mem DIt lstg 4-4*-5sl 996 J-J 107*
Beglstered
1996 J-J
Ala Oen B 1st g 6s. .1918 J-J
Atl ADanv 1st g 4s.. 1948 J-J
93* 94*
Atl A Tad lstg gn 46.1949 A-O
Col A Greeny lit 5-6i.l916 J -J
M T Va A Ga Dlyg Si. 1930
Ill
J
Oon lit g5s
1956 M-N
17* Sale
B Ten reor lien g 4-5s.l9S8 M-S + 110* 111
Registered
1938 M-S
Ga Pao By lit g Si... .1923 J-J •125
Knox A Ohio lit g 6i 1925 J-J 120*
Bloh A Dan oon g 6s. .1915 J-J *128* 184*
Bquipstnk fund g Sl.1909 M-S 105 .....*
Dab Si stamped
1927 A-O 105 110
Bo Oar A Ga 1st g5i.. 1919 M-N 105* Sale

...... ..••••
,,,,,, ......
«,,,,. ,»«•••

• • • • •

116%

Bale

J-J 106%

GengS 4s
1943 A-0
Inoome Si,... April, 1943 Nov.
West No Car. Be* South Ry.

85

MexAPao litg....5i'31
SUaVGANlstgng5sl924
HonsB AWT lstg 5s. 1933
1st gug 5s
1933
HATO 1st g 5s lnt gn.1937

•••

• • • •

W

83*

Sale

117

Utah Central. See Rio G
116*118% Utah A North. B** Un Pao.
UtlcaABlaokR. 8*4 NT Cent
Val Ind A W. Bee Mo P.
Ver
lrglnlaMld. See South Ry.
Wabash IstgSi
1939 M-N 116% Sale
2d gold 5s
1939 F-A •103* 104
Debenture series A.... 1939 J-J
Series B.
37 Sale
1939 J-J
lstg 6i Dot AOhBxt.. 1941 J-J 108*
112 112
Des
Moln
Dlv
1st g4s.l939 J -J
93* 98
125* 126*
StOhasBrldga Iitg6i.l908 A-O 1C9*

West Shore.

Sale

1

129* 134% UnlNJBBAOCo. SssPaRK

• • •

Sale

J-D

OreShortLlne 1st g 8s 1922
Ore Sh L— istoon g Ss.1946 J -J
Non-oum lno A 5s... 1946 Sep.*
Utah A Nor lit 7s
1908 J-J
Gold 5s
1926 J-J

.

Mortguarg S*s....l929 J-Dt 86
Registered
1929 J-Dt
Gal Har A 8 A lit g 61.1910 F-A
8dg7s
1905 J-D 108

latest hid

128

* ••*•
«•••••

ino. 5s.

WVaAPltts.

AANWlstgng5s...l941 J-J * 08
OPao 1st ref gn g 4s.. .1949 F-A 100*
Beglstered
1949 F-A

j

108%

••••• •••••*
•••at •«•••!

.

*Mo prloa Friday

L M BgeTergu g Ss.1930 A-O
Tex A N O. Be* So Pao Co.
TexAP By B dlv lltg 6S.1905 M-S

W Ta Cant A P BmBAO.
lit g 6s 191

Sold 4s Cent Pao ooL.1949 J-Dt
Registered
1949 J-Dt

A-O 114
F-A 114*

107*

»*•

1.

Low. High

J-D

8t

.....200C

*

.,»««•

J-D

J'ne'00
Jan.'OO

128

1st oon gold 5s. .1894-1944

112*116% Ulster A Del 1st og 61.1928
n Pao— BB A 1 gg 4s) 947
115*115*
117*121* Beglstered. .....,,.,,,,1947
OreByANavlstsf g 6sl909
102* 105
OraBBANavoong4s.l946
•

Jan,

•.••it ,,,,,

TorHamABufflstg4s.l946 J-Dt

BUB Oca AG SseSavFAW
Bod Bay A So 1st g 5s. .1924 J-J
Bo Car A Ga. 8ee Southern.
Southern Pacific Co—

.

1st gn g 4*s.l943
Lew— See Penn RR,

• •

M-N ill" Bale Ill
113
M-N 111 113 110 Aug'00
F-A • 91
94
91* Sep.'OO
119 Nov 00
J-J
J-J •••••• «•••! 117 J'ly'00

TStLAKO

»

tine*

Last Sale.

...... ......
...... ,,,,,)
...... ......

W

104%F«b.'98
••••I

LAN.

See

By

M-8
M-8
M-S
M-8
M-8
M-8
M-S

108%

88

J-J

Isl

Rang*

Week'!

Range or

Ask Low. High.

Deo. ..2000 Mob.
1935 J-J
85
55* TolAOO lltgSi
1293
West'n dlv lstg 5i.... 1935 A-O
53* 71
1755
General gold 5s
193.' J-D
Kan A M 1st gn g 4s. ..199C A-0
Tol
Peo
A
litgold
41.1917
J-J
116*
121
3
litgSitr.1916 J-D
137 142*
• • •

93

W J-J

Stat

1st gold 5i

106% Nov'99

ioo*

Ala.

2d gold

•

B. See Nor A
Beab A Boa 1st 5s
1926
Car Cent 1st oon g 4s. 1949
Sher Shr A So. See
K AT

5s

*tMKAT

.

AN

B

Sunb A
12<
9 131% 128
118% 115* 452 106 lie* Syra Bing ANT. SssDLAW.
'I ebo AN.
102* Oct.'00
102* 104
«r A of St Llit g 4*i. '39

.

Scioto V al

1911
1916
1921

110% 113* Spok FallsANor lstg 6s.l939

FtSAVBBdg lstg 6s. 1910 A-0
Kansas Mid 1st g 4s. .1937 J-D
St L So. Set Illinois Cent.
95 Sale
Bt L 8 W 1st. g 4s bdofs.1989 M-N
M 85*
21
71 sale
66
71
8d g 4s '.no bond otfs.. 1989 J-JJ
Gray's PtTerl st gug5s'47 J-D
Bt Paul A Dul See Nor Pao
117* 117*
Bt Paul M A Man 3d 6s. 1909 A-O 117
141* Nov'00
1933 J-J 141*
1st oonsoi gold 6l
137% Feb '99
Begtstered
1933 J-J
Reduced to gold 4«s 1933 J-J 116% Sale 116% 1'6%
Registered
115* Nov'00
1933 J-J
Dakota ext gold 8s.. ..1910 M-N •ill" !"!!! 118% 118%
105* 104* 104*
Mont Bzt st gold 4s. 1937 J-D
104 Jan.'99
Registered
1937 J-D
108
MlstdlTlstgSs.,.1908 A-0 108" Sale' 108
Beglstered
1908 A-0
MIIH
lstg
Nor dlv
4s.... 1948 A-0
•••<
Beglstered
1948 A-O
Minn Union 1st g6i... 1922 J-J
188 Apr '00
Mont C 1st gng 6s.... 1937 J-J 132 135 131* Nov'00
115 Apr'97
Beglstered
1937 J-J
lit guar gold 5i
1937 J-J
117* Oct. 00
Beglstered
1937 J-J
Will * 8 F lstg 6
120 Apr '99
1938 J-D
Beglstered
1938 J-D

BSePrei * Ph 1st g 5s.l942
BAA A P. SmSoPso.Co

6s

1926
Small
1926
Series F 5s
1931
Gen 5s
1936
Gtd stamped
1936
lstoygu4s.l924
West N C 1st oon g 6i.l914

188

Southw DlT lstg Ss.1947 A-O
Cent Dlv lstg 4s. ..1929 A-0

Bt P A Nor Pao. See Nor Pao
BtP AB'xOlty.SMOBtPMAO

B

Series

SerlesC 6
SerlesD 4-5s

1107

4.

Price
Friday,
Nov. 30.

?1

Bid.

8outhern— (Con)
Virginia Mid ser A6S.1906

SAN

Nov'99

110% 1K%
110* Nov'00

Page

30.

WO AW

RR
A

A of StL
Br. Bee T
1,
St Loati * San Francisoo—
1906
2d gold 6i Class
1906
3d gold 8s ClaiiB
8dgold8i Class O
1903
1931
General gold 6s
1931
General gold 5s
1987
lit trait gold 5s
lstg 8s PteroeO 4 0. .1919

1

Week Ending Nov.

98* 94

Mob A Ohio

Iron Mount. See

LKOAN.

BONDS.

Mince

Series

1st g if 6*. .1913
See

Cat.

Range

P.

J -J
UoAGIlstg 3-4S...1947 J -J

Salt Lake O

Week't

NT Cent

See

(5 pages)

Range or

Ask. Low. High.
105 Nov'99
•
77* Aug'00
*••••(
91 Nov'00
•

PEIOBS

5.

.

100

^ateaugay OreA Ir 6s '1
j

And

interest,

t

80* .XK*
100
94
19

60
80

Price p er aha

93
70
45

re.

J

8

.

,

Price
Friday,
Nov. 30.

BONDS.
H. Y. STOCK EXCHANGE
Week Ending Nov. 30.

mood

1997

1

J-I>

9i*
•••«••

J-D
A-O
M-S
M-8
JJ-D
J-J
M-N
M-8

ChG-LACke lstgug
Con G Co of Ohlstgug
BqG A FCh lstgug6s.'05
Hn Fuel Gas 1st gu g 5. 1 947
Trenton G A Ell stg 5s.l949.

5s'37
5s'36

Bale

108

-J

M-«
M-N

PG4

Jan.

1.

97*

Oot.'99

107*

• •

see

103*111

ol

43

94*

91

95

108
180

Not'OC
Nov'00

106*110

107'

J'ly'bo

107

117* 120
107

103* 115*
116

127

109*

109*

109*

109

105
108
105
103

107
105
103
103

109*
J'ly'OO

May'OO
Aug'00
Deo '99

••••4 •••••(
'••it •••»« !05*J*ne'00

109
103
105

105* 105*

COAL A IRON BONDS.
CahCoalMin. SeeTCIAR-

learf BitCoal. SeeNYCAH
C A I 1st oon g 6s. . .1902

Col
Col

1 909
A 1 Dev Co gn g 5s. 1909
Coupons off.
Col Fuel Co gen gold 6s. 1919
.

ColFAICogensf g 5s. 1943
De Bardel C A I. See T C A I.
Or BIT Coal A C 1st g 6s 1919
.

F-A
J-J
M-N
F-A
A-O

55

103
96

J-D
J-D
RocnAPitCAlpurm5sl94« M-N
gun Ok Coal 1st g s f 6s.. 1912 J-D
TennCoalTDiT Istg6sl9l7 A-o«
BlrmDiT 1st oon 6s. 1917 j-j
Can C M Co 1st gu g 8s..'22 J-D
DeBarCAICogug6s.'10 F-A
Wn L HI A P C Co 1st g 5s.'19 J -J

55

Not'00

ibs* NoV'bo

96*

•*»•»• ••••••

106

105
105

109*

58

108* 108*
26

97

90

ib'4*

Bale

105

Oct-'OO

108
108
105
93
32

Oct.'00

109*

18

110

Feb '00
1049$ Nov'00

i'0'5'

32

Jan.'OO

97

105

112
110
105
109
32

100*104
9?« 100*

10l*Oct.'00
9B54
99* Not'00
72
71*
71*

.

99

68

68

85

J-J

Gromeroy Bug 1st g 6s.. 193- A-O
1910 J -J
111 Steel Co deb 5s
Non-oonT deben Ps...l918 A-O
106*
Int'l Paper Co 1st oon g 6s.'U F-A
t • •••
Knlek Ice (Chic) lstg 5S.192S A-O
Nat BtarohMf g Colstg6sl92(j M-N 104

105

90

•

J-J

Procter A Gamb 1st g 6s. .'40
F-A
Stan Rope A T 1st g 6s.l946
1946
Income g 5s
BnTelCo 1st s f g6sl916 j'-j'i
B LeathCo s f deb g 6s.' 18

70

11*

M-N

100

Jan.'OO

Apr'97
109
Aug'00

104* 104*
113* .T'ly '99
78* Nov'00
12
11*
113

105

89* 89*

Feb '00
!#<
99 Jan.'99
70
109
93

I

UB

MISCELLANEOUS BON

108* 109

87* 95
104

103

66* 84
8

24

na*

116*

16

Nov'00

DS.

103%

133

28

104

105

102

mPkAImpSs.

•Mo price Friday; these are latest bid and asked this week,

OUT8IDE SECURITIES
Mleeellancona. Par.
* O Grain El— Dae.

Bid.

Ask

ChloAAlRy8*i-See 8tk Ex

stock- See Stock
Pref.— See SttCkExch.
Olaflln (HB)-lst pref. 100
100
8d preferred
Common— See St. Ex. list
d.
pf
Coal
I,
A
Hock
Ool A
JAJ
lstg 5s 1917
OonsoUd Car Heating. 100
Consol Firew'ks-Com.100
100
Preferred...
Oonsol Rubber Tire....,
Pref
Corbin Cabinet Lock. 100
Oorbln (P. A F.) Co.... 25
Cramps' Sh A En Bldg.100

h.

Exch.

i.8l.
list.

list.

101
101

103
103

88
85
55
15
65

44
90
60
80
75

a*

4

28
81
250
300
91
t 85
72
68
Diamond Matob Co.. .100 138 134
fi*
5*
Distill. Co. of America,
28
£4
a...
Pref
17
80
Electric Boat..,.
35
45
Preferred
20
19
Bleotrio Vehicle
36
42
Preferred
10
5
Empire Steel
40
49
Preferred
50
50
Trans.
Western
t
Brie A
173
Fidelity A Dep (Bait). .50 1169
5*
General Carriage
6*
57
68
General Chemical. .... 100
95
100
100
Preferred.
Qorham Mfg Co-Corn. 100 118
100 130
Preferred

10*

Havana Commercial
48

Preferred
Heck-Jones-J Mlll-Pf.lOO

MA8
1st 6s 1922
Her'g-Hall-Mar(asst p'd).
Preferred (asat p'd) 100
Hoboken Land A lmp't.
6s
Illinois EieoVeh Trans.10
International Blevat. 100
Internat'l

Inter-State Oil

Don Steamboat.

100

JAJ
6s 1901
John B Stetson—Oom.100
100
Preferred
Sourneay A Bumham.100
Preferred
100
Lanston Monotype.... 80
100
Lawyers' Surety
Lawyers' Title Ins. ...100
Lorlllard (P)— Pref.. .100
Madison Sq. Garden— 100
8d6s 1919
MAN

Markeen Copper
NatConstrnct'n, pfd
Minneapolis Brew 1st 7s.

46
55
85
10

20
110
106

Pump—Com..

Preferred
Internat Sliver— See Stk.
pref
do
Do
do bonds
Do

Mti

75

t

1*
88fc

76
Eroh.
1

t

MAM Id gr 3*s 8 A.1911

Haok Wat Reor 1st g 5s. 1926
Head B Co 1st s fg6s... 1931
Hoboken L Alg 5s
1910

37
97

89*
2*
45
95
116
3

90
70
95
155
100

1*
29

76*
list.

45
1CS

69*
4

»•
100
180
•

tee.

30

6

80
106
175
105
7

40
a

8

n

108

18

Due July

*

Vl"

Mlecellaneone. Par-

Bid

11*

Coal.

44* 44*

00

Preferred

Monongahela Water... 25
100
Mosler Safe Co
National Carbon
100

41
100

16*

100

84

Nat Bnam'g A Stamp. 10(

18

100

78

Preferred

Com Cable Co 1st g 4s.. .2397
Registered
2397
Erie .TAToeltrgsf 5s... 1926

Met T A T

38

Preferred

Gramophone. . . .100
8
15
National Saw— Pref.. 100
National Salt— See Stock Exch. List.
National Surety
10U 140
165
National Tube See NY Stk lilxoh. list.
National Wall Paper. 100
65
N. B. Blec. Veh.Trans..lO t ' 8*
4
100
70
Loan A Imp
85
Biscuit 6s 1911. MAS 114
New Jer Zinc A Iron.. 100
N. Y. ELVeh. Transp. 100
6*
Nicholson File Co
50 t 68
Otis Elevator—Com......
26* 27*
90
Preferred
91
Peck, Stow A Wilcox.. 25 t 27* 29
Pennsylvania Coal
50 425
Pitts Bess
......50 * $1*
£5
Pittsburg Brewing
50 1 38
23*
Preferred
50 t 48% 44
Pittsburg Coal
100
25
25*
Preferred..
100
83*
Pitts Plate Glass
100 165
168
Planters' Compress ..100
24
25
46
Pratt A Whitn— Pref 100
55
Procter A Gamble. ...100 480
Preferred
100 198
1st 6s— See Stock Exch list.
Ro) al Bak Pow pf
95
25*
Rubber Goods Mfg
29
30
Preferred
81
81*
Russell A Br win
25 t 62
69
Safety Car Heat A Lt. 100 116
125
Seacoast Packing Co .....
23*
Preferred
55
Simmons H'rdw-Com.100 140 150
Preferred
.....100 185
150
2d preferred
100 140
ISO
Singer Mfg Co
100 680 700
Standard Oil of NJ..100 753 760
Stand Und'rg'dCable-100 809 210
Sloss-Shemeld- See Stock Exch . list.
Southern Cotton Oil.. .50 t 65
8tandardCoupler.com. , .
35
40
Preferred
122
,.,
126

Aug'00

30

1.

108

96"

40

Feb

a

aaa.a
.....

Oct.V 9P

101
•••a. »»•:.

111

19
••••t

•••••>

• • • *

110

30

118" Nov'99

1st s f g 5s..

Q-J
Q-J
J-J
M-N
M-N

.

• a i

. •

tttl

.

'97

U8* J'ly'OO

113* lit*

Nov'00
l00*Oct.'00
109 Oou'99

101

1918

.

• *

..

....
....

•

....

•

J-J

.'04

GOV. 8BCURIT1B8.

V. 8.

U

. .

8 2s registered

2s coupon
8 3s registered...
8 3s coupon,

•«*... .....

8 3s reg small bonds. 1918

it-

»ee

191

Virginia fund debt 2-3S.1991
Registered
,
,,
6s deferred oertfs
I

Mlacellaneone.
Preferred

50
Onion Typewr—Com. 100

2d preferred

100

&

receding.)

103* 10S
104

104

108* 118
108* 118*
2

5
11
5

5

108* 111*
117*
lis*
182* 1S8
131* 1S8%
114
114

112*116*

97*

108*

108*
10S%

Oct-'OO
Sep.'OO

121
108

Apr '00

105

Oct'00

128
120

Feb.'98

108* 116*
109* 109*
102*

102

mM

iai"
106* 108*

Aug'00
109*Feb.'99

Mar'00

«6*

96
94

94*

105

106*

180

180

20

98* 96*

17

eo
85

Oct-'OO

98%

97*

696

vownd.

Nov'00
Aug'98

.

»

•••

» • • •

6*
6* Aug'00
Due August. aThese are option

1

10

US

30

46* 46*
73*
35* 86
106
113

Ask.

Bid.

50
90
83
185

100
Pref
8 Glass— Common. .100
83*
Preferred
140
100
9
Va. Coal Iron A Coke. 1 00
7
5s 1949
MAS 86* 89
Westlngh Air Brake... 50 fi90*
Worthing. Pump, pfd.100 110
115

U

110
115

5*

34

& MISCELL'S,

Miscellaneous* Par
Envelope— Com.. lOu

Ait..

* •

4*

Cast Iron Pipe.
Preferred

U.

v

»e

118*116)2

to the

,

113
t«M

Nov'00

110
105

108

114*
104* 107

109

13% Nov'00

109*

70

t

1385$

697

102*
134*,

109

•••••• •••••<

• •

t

137*
I

J-J
J-J 105
J-J
A-O 187*
J-J 112*
J-J 94%
J-J
J-J 91*
J-J

BlQ.

Par,

188

110
116
116
118

113

100

Bonds due January.

Union Steel A Chain pref
Union Swltoh A Signal. 50

tevnth va

115*

bati* of Ave doUars

Class B 5s
1906 J-J
Class C 4s
1906 J-J
Currency funding 4s. ..1920 J -J
Dlstof Columbia— 3-65s. 1924 F-A
Louisiana— New oon 4s.. 1914 J -J

.

1

26

.....a

110
115

,

Tenn—New settlem't 3s

113

104* Nov'00
105* 105* 104 Oct.'00
111
F 110
I0t* Nov'00
F 110 111 110
110*
F

STATE SECURITIES.
Alabama—Class A 4 to 5.1906 J-J

Small
Missouri— Funding. ..1894-95
Nortn Car—Consol 4S...1910
Small
6s
1919
80 Carolina— 4*s 20-40.1983

118
106

J

U S 3s cou small bonds. 1918 Q- F lir.*8ale
U S 4s registered
1907 Q-J1 115 Sale
U 8 4sooupon
1907 Q-Jt 116 Sale
U 8 4s registered
1925 Q-F 138 139
U 8 4s coupon
1925 q-f 138 Sale
D S 5s registered
113* 114
1904
U 8 5s ooupon
1904 Q-F 113* 114
FOR'GN GOV. SECURITIES.
U 8 Of Mexico » f g S* ox 1899 Q-J i 97* Sale
on

Nov'99

•*..*

(for daily recoT'
J 104* 10."*

1930
1930
1918
1918 %-

US

112

••••• ••»••«

105*
110* 8ep.'00

sale

'

Northwestern Tel 7s.

108*
100* 100*

101

MutOnTelOo. SeeWnUn.
N if A N J Tel gen g 5s oy. '20
No Westn Teleg. See West. Un.
West Union— Col tr our 5s.'38 J -J H2*
Fd and real est g 4*.. 1950 M-N 35
Mut UnTelsf'a 6s. ..1911 M-N •no*

1st preferred... ...,100

85
21
85

Jan.

TELE. A TELEPH. BONDS.

Due May. i Due April.

Ask
11*

tine*

Latt Sale.

110

29

1

Range

11

A*k Low. Hioh. No. Low f**»*
84
84*
84W K 81* 84*
78
78
72* SO 88
84

*

Iron SteamboatCo6s...l901
Mad Sq Gard lstg 5s... 1919
Man Beh
gen g 4s. 1940
Newpt News BAD D 5s.l990 J-J!
fAOnt Land lstg 6s.l91C F-A
8t L Ter Cupples 8tatlon A
_ PropCo lstg 4*s 5-20 yT'17 j-r.
8 Yuba Wat Co con g 6s.. '28 J-J
Sp Val Wat Works 1st 6s. '06 M-8
Vermont Mar 1st s f 5s. 19 10

HAL

Week's

Range or

(Given at poot of 7 consecutive pages).— BANKS

Monongahela River

15

70
80
4s.
365
Okesebrough Mfg Co.ioo S65
Chicago A Alton RR— See Stk-K x. list

Com

.

Small

g 4s. 1948 M-8
Adams Bx—Col trSeeCenNJ

Cue*

W A W H 1st 5s tr otf

StYd ool g 5s.l915
C'lb.io Jo
>
Non-cum lno 5s . . .1907

Small

J -J

BarASCarCo lstg6s

F-A
J-J
J-J
A-O
J-J
M-8
M-N
J-J
M-N
M-N

b These are price*

Got Oil deb g 8s. . 1900 Qu-F
1915
Extended 4*s
Am Bplrlts Mlg Istg6s..l91i M-8
1

BklnFerryCo lstcong 5s'48

Bid.

U
U
U

105

MAN'F'G A INDUSTRIAL.

19
Am Thread 1 st ool tst 4s..1942

100* 103*

3(1

95*Jan.'97
107 May'97
80 May'97

1926
sf 5 s.1926

Am

102%

109*

JeffAClearOAIlstg5sl92e
BdtrSs
Pleas ValCoallBt g

Week Ending Nov. 30.

Si*

Det

115* Not'00
117* 118
106 Deo '98

ibo" 105'

J
CtloaELAPlstsfg5s.l950
Westn Gas Co ooi tr g 5s... 'S3 M-N

111

[Vol. LXXI.

5.

Price
Friday,
Nov. 30.

BOND3.

.

. ...

Page

(5 pages)

A

106

111

94*

..
.
.

N. Y. STOCK EXOH ANOE

Low High

No.

107*
110%

111

J-D
P-A
M-8
u

tince

PKICES

k'n

1919 Q-Ft
Bmall
Mut Fuel Gas Co SeePeopGas

194?
Registered
Purchase moil g 4s. ... 1 949
fld El HI 1st oonT g 5sl910
1995
1st oon a 5s
Kg 5s.l949
PatersocA
Peo Gas A O lstgu g 6s. . 1 904
1904
2d gtd g6s
1943
IstconsolgOs
1947
Refunding g 5s
.1947
Registered

Range

Last Sale.

96*
Ed BlIlBkn-lstcong4s.'39
Lao Om-L Co Of StLlStg 5s'l 9 O-F* 107*

NYGBLHAP..g5s.l948

Week's

Range or

Ask Low. High

Bid.

A-O
A-O
J-J

'87

KtngsCoElLAPgOs
Purchase

,

THE CHRONICLE-BOND

1108

3a

..
....

36

Nat'l

NY
NY

ALB

.

Isl R T 1st
2d 5s 1926
Stlllw-Bieroe A

Stat

6s'13AAO
JAJ
8m-V.100

•

••••

00

Storage Power
13
Swift A Co
100 1C8
1st 5i 1910-1914.. .JAJ 1101
SusqOoiU 6s 1911. ...JAJ 113
TexasAPaolflo Coal. 100
70

AAO

1st 6s 1908
Title Guar
Trust... 100

A

Trenton Pott—Com.. 100
Preferred
100
Trow Directory-New. 100
Lhilcn Copper
Union Steel A Chain.

J107*

66
14
.OS

103*
120
87
'•••••

410

420

4

6

05
00
4

60

'5*
10

Banks.
Broker*'

N. F.

Bid.

Gu

Ask.

otati out.

CITY

475
195
Astor
500
Bowery*..... 290
Broadway.... 240
Butoh's&Dr.
85
Central
170
Chase
5C0
Chatham ... *307
Chemical.... 3JO0

Amerioa* ...

Am Bxoh

. .

480
800

Banke.

Bid.

Brokers Ou
Mutual*.
Nassau*
New Amst.*.

otatio

N Y Nat
New

850

Broker*'

(IS.

Ask.

Bid.

Qu

otati on*.

26th Ward*.. 138
120
Onion*
Wailabout*.. 100

155

188*
875

Bx. 130
300

• •

••••

130

19thWard».

185

tin

100
,

90

N. Y. CITY.

Amer UQ5

Oriental*

„

318*

Trust Cos.

York...

Ninth
North

• •

,

Banks.

NewYork Cc 1500

,

•

Ask.

...

176

Paclflo*

170

Park

429*

180
180

Atlantic Tr.

380

Bankers' Tr. 800
Bowl'gGreen 130

t

830
310
140

CtLRltyBAT 350

800
Central Tr'st. 8000 3100
101
City
*4C6 411
350
300
Olty Trust.
Colonial* ... 375
180*
800 335
Colonial
Columbia*.. 190
Continental 890
330
Commerce.. tiOi
Farm Ln ATr 14*8
Continental 135
Fifth Ave Tr 48u
Corn Bxoh*. 367* X
Guaranty Tr 650
103
Domes. Exch
Knick'rb'ok'r 435
..,
Bast River. 140
Manhattan
350
100
150
Shoe
110
...
Le'th
11th Ward*.
A
Mercantile
800
Fifth Ave*.. 2500 3000 State*... (.,. 303
225
State of NY' 141* *13* Merchants'. 300
Fifth
470
Metropolitan; 435
1 2th Ward*.. *105
3600
First
MortonTrust 410
160
•••«
23d Ward*... 100
14th8treet*.
ATr 1S00 1350
174
CntonSq*.... 225
Fourth
N Y Sec A Tr 760
400 433
West Side*.. 375
Gallatin
380
North Amer. 316
Western. .... 400
Gansevoort*. 60
1700
Heal Est Tr t 300
235
Y/orkvllle*..
Garrleld
885
StandardTr't
German Am* 128* i
310
BB'KLYH.
Tr.Co.of Am. 805
German Bx*. 860
305
Tr.Co.ofN.r.
German!**... 500
320
Lnlou Trust. 1400
Bedford*.... 210
I
Greenwich*.. 165
400
Broadway*
340
OSMtgATr.
Hamilton*... 145
1650
1600
Unit.
Brooklyn*
110
States...
Hano'r(new) *420
Washington. 390
8th Ward*...
85
e •
HldeAL'ath 120
Imp A Trad. 515 58S* 5th Ave*.... 100 110
385
First
BR'KLYN.
185
188
• •
Irving
Kings Co*... 100
340
f •»(
Leather Mfr. 280
Tr. 418
Manufact'ri.
880
Brooklyn
••
310
•••••
Liberty
Klatbush.... 165
Mechanics*., 190
•••a
850
e
•
Llnooln
Franklin..... 375
tteoh A Tra*. 370
• • t<
Manhattan* 260
Hamilton.... 355
Merchants'. 100
Market A Ful 330 240
385
Kings Co.... 850
Nastau
*•••
•••»•'
*••••
Mechanics'..
Nat City.... 370
L Isl L ATr. 855 •••••ff
Meoh A Tra* 96 100
Manufact'rs. 367
••••<
North Side*. 170
*315
Mercantile
306" Nassau
M90 ••••••
People's* ~. 190
Merch Bxoh. 196
338
330
People's
166
Soherm'rh'n* 150
*
Merchants'. 176*
WllllamsbVt 800 810
17th Ward* 106
115
Metropolis*. 600
810
Sprague
195
Morris*..
Mt
""•
Banks marked with an asterisk (*) are State banks, i Purchaser also pays
* Sals at Stoek Biea.or st a letlon this wsek
as arued Int. t Price per share,
Citizens'.,..,

225
100
Phemx
475
Plata*
Prod Bxoh*. 125
Republlo .... 225
Riverside*... 310
Seaboard .... 310
600
Second
Seventh
185
Peoples'*

,

....

. .

.

• • •

• .

.

NYLI

•

•

.

* •

•

•

• •

•

•

i

• • •

•

•

•

t

»

•

mi

•

•

»

•

• • • •

.

* r • •

•

i

«

.

December

Boston, Philadelphia and Baltimore Stock Exchanges
cy* Share Price*— Not Per Centum Prices.

1109

—A

Daily and Yearly Record.
Sales

ACTIVE STOCKS.

Saturday,

Monday,

Nov. 24.

Nov. 26.

.

1

THE CHRONICLE.

1900. J

1,

))) )

.

Tuesday,
Nov. 27.

Wednesday Thursday,
Nov. 28

Friday,

Nov. 29.

IF

Nov. 30.

Range of Sales in 1900.

of the
Week.

Indloatea unlisted.

Shares

Lowest.

Highest

Railroad Stocks.

249ft 250

248* 2C0
157*

157
*241
197
137

157*

157

197

142

148*,

•127

35* 88
44* 44*

78

•12* 18*
91
71

91
71

202

202

•157
•241

iSvi

91
72

91

91

7*

70% 70*

83* 83*
202

202

202

91
....

as

88
78

•87

78

3%

79

2%

2*

8%
*

it

95
•25

78*
3

131* 132* 135% 133*
116
116* 118 no
159
159% 180
160
332* 326
820
340

182
118
160
818

91* 94

98
835

93

835

•830

94
•880

18% 18*
18% 18MS 18
61
59
83
59* 60
41
41*
41*
41
41*
109 109* 107%
108* 109
49
50*
49*
5>
49
6'.* 67*
56W 56*
56
10
H*
0* 9* 10
7%
7* 7*
7* 7*
17* 17* 17

29* 82
4* 5

309*

4%

4%

101

101

101
128

101
128
SO

123* 124
12* 12* 12
•38% 34*
52*
51%
02
6k* 64* 64

123

•

no

Bid and

101
138

3*

4%

26* 26%

Massachusetts Bleot. Cos.
Preferred ?
•

51*
64*

•»!•»

wp

34
52

Bid.

NOV.

50

•(Phil)

an * Oharlorte(Bait) 100
Bos A Maine pf.(Bost)10C
"
4

100
100
100
"
100
OonnAPassum
"
100
River....
Conn
OonsolTrPittsT(Phll) 50
"
50
Pref?
,...
aa South A Fla.( Bait) 100
"
100
lit pref
"
100
3d pref
O'rmant'nPass(Phll) 50
50
Hestonv
"
60
Pref
"
100
tnds Street

Boston

Prov.

"
"

MAT"

SO

FtS AM..(Bcst)100

"
100
Little Sohuylk.(Phll) 60
Maine Central. (B si) 100
MlneMllASBUFhU) 50
50
Keeqnehon'g V. "
50
KorthPenn.... "
Per* Marqu'te. (Bost) 100
"
100
Pref
Phil Germ * N.(Phll) 50
'
50
Phila. Tiactioa
....
Bys Co General? "
united N J.., (Phil) 100
35
UnPowATrans "
WestBndpref.(Bost) 50
50
8.
(Phil)
Jer
8
West
A
50
WestNYAPa. "
Wis Cent, new.(Bost)100
"
100
Pref
Wor Nash A R. " 100
Pref

. . .

Arcadian
Arnold Mining.

"
50
(Bost) 25

"
"
"

35
85
Baltic Mining..
25
(Phil) 50
Bath Steel
Boston aleo Lt. (Host) 100
Cambria Iron., (Phil) 50
Canton Co
(Bait) 100
Centen Mining. (Bost) 35
"
35
Central Oil
Con. Lake 8up. (Phil) 50
"
Pref
60
Danv.Bessemer "
6
Atlantic Min'g.

LeLong H & E
Dlam State St

"
"

1C
10

TJomlnCoalnf (Bost)100

Eoml.onAS.?

a

333
97
840

18%
60*
41
109
50

57*
10*
17*
101
128
82
5

330
93* 95
835 835

324

19*
•40*

18*
59*
41*
110*
48% 49*

"

...

85

62*

30.

"96*
73
148
48

4%

35*'

165
59
31
63

33
64

«%
870
32
113

60*
15
36
ISO

at •F&enthaler . . (Boat) 100
"
10
<*s Telephone
NewBngGsAC ? " ....
NewHavIA 8. (Phil) 5
Dredg(Bost) 10
26
Old Col Mining. "

NoAmG

Osoeola Mining.

88
135

2

1

3*

"

74

%

38*

22* 23*
8*

8%
8*
8*

(Phil) 10

Tidewater St..
ToiTington"A"(Bost) 25
"
Pref
25
85
Un Cop L A M'g "

27

87*
3*

UnBlLAPowpf (Bait)

37
184
31

50
United Fruit (Bost) .100
"
25
"
Pref
85
US Mining.... " 25
1

AS. (Phil)
"

85

ATASFgeng4s.'95AAO

33

5%
27* 28
28
88*
18

188* 190
84
17

13*

3'*
13*

85

17*
14*

Adjustment g 4s.. 1995
Boston Term'l 3*s. .1947
BosUnGaslst5s.'39JAJ
1939 JAJ
2dM5s
Bur A Mo Riv ex'pt 6s. JAJ
Non-nxempt 6s. '18 JAJ
SiLk fund la.. 1910 JAJ
Ch Bur Ay 4s.l922FAA

88*
4

38
s'i*

24
lit.

"85"

100
I101
i

88*

3110
I 77
I 16

102
89
116
80
60

{116*
$1G3*

W

114
27* 28

M

6s g.'06 MAS *113*
Bast'n 1st
Fr ElkAM V 1st 6s '33 end 31S6
Unst'p'd 1st 6s.'8S AAO glS6

oonv 5s.'10 JAJ
Debenture 5s. 191 3 A&O

Illin 8teel

215

K C CA 8 1st 5s g.*25 AAO
K C Ft SAG 1st 7s.'08 JAD
K C F SAMoon 6s.'28MAN
145
K C M A B 1st 4s.. '34 MAS
5s
'"2* 112* K Income
CA M ByAB 5s.'29 AAO
10*

16*
167* 168*
,6

39

i

«...
.

93*

99
99
96

3113
115
112*
{119
98
93*
68
68*
{105
KC8tJoACB7s.*07 JAJ {116
LRockAF31st7s.'05JAJ {105
Mar A Ont 6s...'25 AAO 1118
Mex Cent 4s g. .1911 JAJ 82* 83
26
88
1st con Ino 3s g non-oum
13
14
3d eon ino 3s non-oum..

H

AAO

4*s
Deb 4

1914 MAP.
1918 MAN

*••••«.

Anacostla A Pot
5s
Atl A Ch 1st 7s. 1907 JAJ
AtlG-Lightlst5sl917JAD
Atl Coast L ctf s 5s .JAD

»»»»•«

104*

5s.

1990MAN

BaltCPaslst 5s. 191 1MAN
Bait Fundg Ss.1916 MAN

103
•*••••

96

Exchange 3*s.l930JAJ
BaltAPlstesml 1911 AAO
1st 6s tunnel 1911..JAJ
Bal Trao 1st 5s.l928MAN

Ext

A Imp 68.1901MAS

•

• • t •

»•••

»••••

103
123

MAN

118

120

P32MAS 117
105
98
108
108

118
107
100

Ext A Imp

5s.l

Col AGrnv 1 st5-6. 1 9 17 J A J
Consol Gas 6s.. 1910 JAD

1939

5s

JAD

Ga AAlalstpf5sl945AAO
GaCarANlst5sg.l929JAJ
GeorgiaPlst5-6s 1922JAJ
GaSoAFla 1st 5S.1945JAJ
KnoxvTrao IstSs '28AAO
Lake R El lstgu5s'42M&8
Maryland Brewing 6s ...
Met8t( Wash) 1st 5s'25FA
New Orl Gas 1st 5s...Var

«

••••

NorthCent4*s.l925AAO
6s 1904
JAJ

A

Series
5s 1926... .JAJ
Series B 5s 1926... .JAJ
Pitt Un Trao 5s. 1997 JAJ
PotomVal 1st 5s.l941JAJ

8ecAvTn(Pltta)5s'34JAD
Sav Fla A West 5s 34 AAO
Seaboard A L 4s 1950....
Loanoertfs 1902. ......
Seab A Roan 5s. 1926 JAJ
DnEl LAPlst4*s'29MAN
UnRyA El lst4s'49.MAS
Inoome 4s 1949. ...JAD
Vlrg Mid 1st 6s. 1 906 MAS
2d series 6a.. 1911 MAS
3d series 6s.. 1016 MAS
4th ser 3-4-5S.1921MAS
'

111
117
109
125
125

••••••

Jan.

• a •

•

118

Mar. 8
Oct. 18

,

98

4

Mar, 14
Julv 30
_
Sept 25

Nov. 26

2,125

20
40

oou 18

140
33

Nov. 86

6*

Jan.

2
11

25
43
53

9

Jan.

Nov. 30
434
Jan. 1;
Nov. 17
132 61 Jan. 5 86 Mar. 38
rights
t 950 paid in. i«5pald.
Bid.

Ask

117
115

118

West N C oon 6s. 1 9 1 4 J AJ
WeatVaCAPlSt6g.

'

1 1 J AJ

Asphalt Co 5s

ti-

••••

•

69

ctf s

Atl City 1st 5sg..'19 MAN
Balls Ter 1st 5s.l986 JAD

111%

93
BergABBrewlst6s'21JAJ
B Boro Gas 1st Ss.'SSMAB
Cambria Iron 6s.l917JAJ 1C6
Ches AD Canl st5s. 1 6 J AJ
Mill
ChooOkAG gen 5s'19JAJ 107

A B Bk lst7s.'05 FAA

EastAA 1st M 5a.'20

M A:
Bdison Elec 5s stk tr ctf e
BlecA Peop's Tr stk tr ctf n
BlmAWilm

1st 6s.'10

5s...

•••«•

•

• • • • •

4

...r
••••••

.

53
•Mill
*

•••••

•

Hill

117

111*

90% 100%

JAJ

*••••«

AAO

.2862

•••§

96

•

'

Eq Dl Gas-L Istg5s.l92& 108*
Hestonv M A F oon 5s. '24 118 •«t|
HA B Top oon 5s.'25 A fcC
no

Ry 4a.. 1933
1st 6s..'20 JAD

Lehigh Nav 4*s. .'14 Q-J
RR4sg.
1914 Q-F
Gen M 4*s g.. 1924 Q-t
Leh V C'l 1st 5s g.'33 JAJ
Leh Valext4s..l948JAI2d 7a
1910 MAS
Conaol6s
1923 JAD
Annuity 6s
JAD
Nat Asptalt col 5s
'48
New'k Con Gas 5s
JAD
Newark Pass con 5s. 1930
NYPhllANorlst4s '39JAJ
Income 4s... 1939 MAN
No Perm 1st 4s..'36 MA:N
Gen 7s
1903 JAJ
Perm gen 6a r... 1910 Var
Consol 6s 0..,. 1905 Var
Consol 5s r. ... 1919 Var
Penn A Md Steel oon 6a.-

M

Pa A N Y Can

7s..'06

Cons 5s
Cons 4s

1939
1939

JAD

AAO
AAO

lst5s.'17 MA1>
People's Tr tr certs 4s.'4^
Phila Eleo gold trust otfs
Trust oertfs 4s
PhAEr gen 5g.'20
Gen
4s g. .1920
Ph A Read 2d 5s.'33 AAv
Consol
7a. . 1911 JA1

M

78

••••••

188*
••••••

50

104*

•

• *

» i

JAJ
1997 JAJ

SohRESidelstSs g'85JAD
Soran Trao lat 6s '33MAN
United N J 4s. 1944 MAtUnTracPitts gen5s'fl7.TA.i

t •

f

•••

a

•• ••

•

«••

109
125

•••••

ise'

127

99*
118
••••••
• ••••

•

•••••

>••«•«

••vat •••••

100*
68*

181

Collattrust 43.1921

•

103*

Con M 6s g... 1911 JAL
Bxt Imp M4s g.'47 AAC

'82 4s.'37 JA.
Terminal 5s g.1941 Q-i
PWilABalt4s.l917 At,

•••••f

108* 104

130

ConMof

79

iia%

AAO
AAO

A

90

119* 180

92
93

7

Jan.

160* Jan.

97* 97* Read Co gen 4s,
76* 76% Rochester Ry oon 5s. 1930

MAS

Jan. 38

13

M

73* 73*

122

>v.

9* Oct. 23
Nov 30 21* Oct. 23
Oot.
8 103* Mar. 38

13

M

118*

no

N

57* Feb. 8
58* Nov. 8

2

Oct.

Penn Steel

107

113

(State) 3s new.'32JAJ
Fund debt2-3». 1 991.T&.T

5th series 5s.l926

.....

95

111
111

Va

June 35

96

K C Sub B

114*

109
89

1'

Jan.

83
Oot 17
Nov. 37
May _29 835 Nov. 26
Sept. 26 5*2* Feb.
8
Mar. 5 62* June la
June 85 51 Mar. 81
June 22 122 Feb. 88

Indianapolis

110
118* 120
104
104*
117
114* 115
118% 114
105
104
104*
125
114
113
95
96
116
>••• •••••
63* 57

NewpNAOPlst5s'88M&N 105
Norfolk St 1st 5s '44. JAJ

•

113*

Chas City Rylst 5s '23J AJ
Chas Ry G A El 5» '99 MAS
CharlCAA ext5s.l910JAJ
2d 7s 1910
AAO
CltyASub lst5s.l922JAD
CityA8ub(Wash)lst5i'48

Consol 5s.... 1932

118

555

Inoome
103

?

Oct.
1 161
Jan. 18 341
Jan.
2 97

51 121
8,760 14
18,305
3
5,56 *105

Del

115*

5

9

Colum St Ry 1st oon 5s.'8i
Con Trao of N JlstSs-.'Sf- iio"

104

No BaltDlv 5S.1942JAD 181
Conv'rtlble 5sl906MAN 100
Central Ry 6s.. .1912 JA1

Mar,
Mar,

Cit's'StRy(Ind)oon 5s.'32

117%
•»••<

*

Jan.

.

107*

110
123
118

i

80* Mar. 31
3* Nov. 16
1* Jan. 8
137* Jan. 4

70* Wil A Weld 5s. 1935 JAJ 119
Bonds— Philadelphia
AlleVyEext7sl910AAO 185

.

Bait Belt 1st

May

Nov. 19

36

2S

Sept. 24
Aug. 13

BONDS

114*

8

Feb. 14

Nov. SO
Mar. 1 w
Jan. 9Q
Nov. 31
Nov. 26

Baltimore— Conolu'd.

{108

latmortSs.. ..1905 JAJ {109
Rutland 1st 6s.. '02 MAN {103
Torrtngton 1st 5s 1918... i
West Bnd St 5s. .'02 MAN (108

MaconANlst4*a'90MAS

S100
I100
IowaDlv 4s. 1919 AAO 3103
Chicago June Ss.1915 JAJ 3110
gu 5s. '31 MAN 3100 100*
Ch A No
Chi A
M gen 5s.'21 JAD 3103 95"
Curr't Riv 1st 5s.'27 AAO i 03*
97*
D G R A 1st 4s.'46 AAO { 97
Domin Coal lst6s.'13MAS 3110

M

4*

2W
8*

88"

W

113

IS*
38*
1%

398*

11

Bonds— Beaton.
3* Am Bed Tel 4s. .1908 JA

10
22

4*
3*

8*
67*
3%
8%
46* 46

10

50
Westm rel Coal "
Winona Mlnlng(Bost) 85

Wolverine Mln.

168

83*
"84*

Utah Mining.. (Bost)4-85

1907

6a

NYANBnglst7s.'05JAJ

5

100* Nov. 33

2

May

1*

268

A eh

Bid.

Bonds— Baltimore.

75
95

5
Susquel A 8?.. (Phil)
Tamarack Mln.(Bost) 25 383

I

4

74*

49* 50
4*

165

BONDS

June 2

50C

Marsden Co?

Ask

Jan.

20
70

23,703 95*
145 107
1,461 135
8,910 251
7,306 48
5 895
8,134 13*
2,678 50
544 36*
836 95
4,585 29*
521 43
5,005
6*
1,314
5
99 16

N->ilonal Asphalt ? ..........

"tBx

81*

l,55(

50

(Phlla.) ....

Boston— Conoluded.
NewBng con gen5s'45 JAJ i
190
N B CotTarn 5s 1929F&A 1104
3
8*
18* 14* NB Gas A Cist 5s.. 1987 i 70
New Bng Tele 5s.' 16 AAO {103
5*

Warwick
17

.

Bid.

USPHorseCoUPhii)

114

57

....100
....100

"

MISCBLL.—Conoluded.

Un Shoe Maoh..

98*

"

STOCKS BONDS

.

105

Brie Telephone.
.
Federal Steel
Lehigh Coal A Navigation. .

a 31 9-16 31 15-1

87
106

170

15,619

....100

. .

ro»d«

Phlla Co
"
50
Platt'.rsCjmp?(Bost)100
85
Mining.
yulncy
85
Rhode IslMin.. "
5
8anta Ysabel G "

EasionCoaEl.(PhU)

50
JdlaonBlIlJ. (Bost)lOo
BleoCoof Am?.(Pmi) 50
PrankllnMln'g.(Bost) 25
"
general Bleot..
100
"
Pref
100
Ind-Bgyp Com?(Bost)100
TntBntHASM "
10
lLt8P&Dynam(Phll) 50
isle kcyale?.. (Boat) 25
Mannfao Rub. .(fail) 50
"
Pref
50
MarylandBrew. (Bait) 100
"
Preferred..
100

40
58

'

100
57

"

.

97
*»•'
160

78

United

"
....100
"
.... 50
"
Preferred?
.... 60
New Bng. (Jetton Yarn, pref. (Boston) ....100
"
New England Telephone. ...
....100
30% 81* Old Dominion Copper T. . . , , ,
"
.... 25
4* 4% Philadelphia Bleo.T 2* paid (Phila.).
124* 125 United Gas Improvement ?.
"
,.. 50
12* 12* United States Oil.....
(Boston) ... 25
48 WelsbaohCo.
41
(Phila.) ...100
•51% 52* Westingh. Eleotrio A Mfg. (Boston) ... 50
•84
65
"
Preferred
,.
,

25
Palmetto Co.... (Phil) 35
ParrottSllACop(Bost) 10
Penn EleoVeh. (Phil) 50
"
Pref
50
60
Pennsyl Salt... "
Pennsyl Steel?. "
. t
"
100
Pref?

86*
es*

110
50

9% 10
•6*
7
16
16
100 101
•188 130

128* 139
30* 31*

51*

•

Preferred ?

49*
51* 51*

17
101

64

• •

Union Traction, *i 7*

Jan.

Nov. 81
Nov. 17
Oct. 84
Nov. 87
Nov. 97
Aug. 80
Apr. 27

-•

,

109

10
7

38

Pacific

Apr. 18

i

....100
"
....1C0
(Boston) ....100
"
• • • •
....100
paid. (Phlla.) .... 50
(Bait.)

"
Butte & Boston
.... 10
,
"
Calumet A Heola
.... 25
19* Cambria Steel, 94* paid ....(Phila.) .... 50
69 Consolidated Gas
(Bait. ....100
41* Dominion Coal
...(Boston) ....100

59

57

4%

"

,

35

Oot.

4,493 7 7-16SepU24 10 9-1 6 Apr. 5
17,223 24 9-iejan.l0 33* Apr. 5
3,438 12 Sept. 2
17*Apr. 5
16,625
8
July
1 3* May
4
15,600 20* Sepr.28 35 Apr. 87
4,747 44* Jan.
9 74
Nov. 21
1,140 70* June 25 83
Nov. 31
8,528 28* Sept 36 40% Mar. 31
3,731
15* Sept. 25 19* Mar. 80
286 91* May 29 94* Mar. «

50
50
«"

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

840

18

»%
6%

....100
"
....100
(Boston) ....100
.... 50
. (Phila.

. . .

July 17

72*
10*
28 82* June 28 100
1,370 45* Sept. 29 73*
530 70* Jure 35 88*
36 201
Oct. 26 209*
1,285 62* Sept. 22 78
50'

50

....

Mar. 15 254
Jan. 2. 160
Jan. IS 249
Apr. 1 203*
Jan. 10 139
Mar. 12 146
Jan.
127*
May 15 40
May 15 4P*
Jan. 2'/ 139*
Sept. 25 29%
Jan.
4 39
Pept. 27 80
Sept. 81
14*

5,321

89* 90

•830

59
41
109

17
ICO

....100
....100

(Phila.) .... 50
American Alkali
"
,
.... 50
*
% Preferred, $10 paid
132* 133* American Sugar Refining ?. (Boston) ....100
"
116* 117* Preferred?...
....100
158 158U Amer. Telephone ATel.Co.?
"
....100
329 830 Boston & Montana
"
.... 25

*

57

• • •

"
"

pT%t ©rrod

79
8

8%

116

118

(Phila.) .... 50
(Boston) ....100

.

•78

1E9* 158* 159

175
300
"l*8* 14
63
65
160
270 88 6'

Am er. Oement? (Phil) ...
AS

117

36*

Ailoaei Mining (Bost) 25
I.

*

130
170

MISCELLANEOUS.

Amer.

2%

Union

5C

....

(Bait.) .... 50
Ry & Bleo. Oo
(Boston) .... 50
West Bind 8treet.....
Miscellaneous .Stocks.
(Boston) ....100
94* 98* Amalgamated Copper?
•26
27 Amer. AgTicnl. Chemical T.
"
....100

135% 132% 133*

talced nr1««»«

railroads.— Prices

Central Mais...
Pref

3

73* 73*
82*
34*
•17
17*
93
93*

O

28
79
8

•

H%

82
84

"

Boston ....100

( Bait.
(Phlla.

•202 803
Old Colony
71 1-16 71* Pennsylvania.
9* 9 13-16 Reading Company
81* 31% 1st preferred
15* 15* 2d preferred
11*
Seaboa-d AT Line
28* 89% Preferred

9
K

95*

94

Central
Northern Central

Phila. 1 .... 5C

?.

71* 71% Northern Paciflo
83* 8'* Preferred

•203

79

23
80

•90* 91

91

69* 70*

•25

(

(

13% 13* Mexican

125% 124* 124* 124* 124*
13
13* 18*
13
12*

INACTIVE STOCKS
Amer. Railwa

97
87
79

Preferred

22
79

71*
«*
31*

79

"
"

.

79*
13*

96% 93*

88

71% 72*
81* 81*
85* 35!«

"
Yds.

88* 38* Choctaw Oklahoma A Gulf.
45* 45* Preferred
...........••
•138* 139

....100
....100
....10C
....100
....10C

"

86%

97* 98*

15
11

m

7-18
30 11-16 31

"

22

17* 17*
92% 92*

15

10%

71 1-16

128

.

Lowell

Fltohburg, pref
Lehigh Valley

70* 71* 70* 71 1-16
9* 10 9 9 18 11-16
31 7-18 32*
31
a
-18
15 I
15% 15-10 16* 11-18
U* UK 11% 12* '1% 12
39*
28* 28ft 88* 29% 29
71% 7>% 72% 73* 71% 71%
81* 819* 81* 82
81* 81%
34
35
3 5W
35* 35
34*
17
17%
17*
17* 17*
17*
93* 93*
92* 92% 98* 93

70*
8* 9

71

•127

188 238
2C4 T95
241
88 187
4,440 119*
20f 131
18 122
87,264 89
6,1-S 39
a- 110
3,766 2!%
1,05(
15

(Boston) ....10C
"
....100

full paid.

&
& Maine
138% 137% Chlo. Burl. A Quinoy
142* 143* Chlo. Juno. A Un. Stook

139

90

157H Boston Elevated,

2i3

Boston
193* 195* Boston

1S7

197

las 140
139
26
Lilt,
26* 27
22
22* 83* 22
79
78*
78%
77% 78*
•13* 13*
13*

85% 25%
•22* 22*
78

197*
IS *

249* 248* Boston & Albany

250

249

158% 157
241

1

139
26
22

139

139

167

13'* 137% 1»6*
136* 137*
142
14 3* 14
143* 143*
12-1* 126* 1*6* 1*8* 128* 12«V,
3d
40
88
39*
S>7
3«*
4<i% 48%
45* 45H,
41* 46

137*

143*

319* 350
157
•241
197

189"

•

••*•!

••

••*•

104*
124

125

109* 110*
89* 90
•

iii*

•HM

.

We'.sbach s
I

And

f 5s

1930. JAD

interest.

114*

••••••

77
t»l-5C pat 4

•Prioe Includes overdue OOUIK

.

.

.

THE CHRONICLE.

1110
ABSTRACT

REPORTS OF THE NATIONAL BANKS MADE TO THE COMPTROLLER APR.

FROITI

Deposits.

* Vermont......
;• Boston..— ...
5 Mass., other .
** Rhode Island
^ Connecticut...
1 Total Div.No.J

New York Cit}

f

44
5

2 llbany
2 N. York, othei
- Sew Jersey...

^ Philadelphia.
Pittsburg
4 Penna., other
{ Total Div.No.2
.

( Delaware....
Baltimore ....
£ Maryland, oth
S Washington...
g Diet. Col., oth.
•4
**

1
f
|

Virginia
West Virginia
Total Div.Ko.c

Worth Carolina
South Carolina

Savannah
Georgia, oth...

6

274
11<

36
31
377
»8r

Alabama

-

....

* Mississippi
* New Orleans..
5 LouisianarOth

3,001,000
2,023,000
750,000
3,006,000
1,150,000
3,320,000

28
12

2,300,000
960,000
1,100,000
17,812,000
1,070,000
3,000,000
8,000,900
7,310,000
55,782,900

13
5

S Texas, other..

Arkansas
Louisville

1

.. ..

Kentucky, oth.
Tennessee
I Total Div.No.4

1

|

f

Cincinnati....

1

Cleveland ....

® Columbus.
other ...
•0 Indianapolis.
5 Indiana, other
3

'iliio.

^ Chicago

195
7
7
68
48
477
13
14
6

It

207

« Detroit
9 Miehig*n.other

6
74

$ Milwaukee

4

{

WiBConsin,oth
Total Div.No.5

75
756

f

Des Moines...

4
171
5
6

1

i

I
1

1

jj

Iowa, other...
St. Paul
Minneapolis..
Minnesota, oth
St. Louis

u Kansas City..

2

St.

Joseph

« Missouri, oth'r

9.900,00(
2,050,001

18,450,000
17,498,500
3,300,000
8,095,000
2,950,000
6,760,000
116,764.770

800,000
12,665,000
3,800.000
4,000,000
4,515,000
11,400,000
2,550,000
350,000
3,565,000
8,087,100
3,750,000
400,000
5.502,500
1,450,000
1,460,000
64,294,600

6

6

2
60
98
8

.

(

Nebraska, oth.
North Dakota.
South Dakota.
Total Dlv.No.6

Nevada

Q Oalifornia.oth.
J Portland

a Oregon, other.
ii Washington...
[ Total Dlv.No.7

*»

New

555
4
31
4

23
30
9b

9
21
11
18

TT.

8

Totals fob,
Reserve

66,771 183,117
148,124 1,756,222
103,564 164,849
31,850 955,263
7,950
28,435
228,933 216,250
102,488 110.758
689,680 3,414,894

146,033
1,908,730
403,638
1,052,761
65,210
889,986
536,166
5,002,524

347,723
9,258,510
190,190
6,941,145
12,000
1,710,492
9,191,184
363,309
172,541
4,464,276
8,6*2,242
341,171
49,875
3,071,553
14,701,905
620,254
49,694
4,020,089
268,672
3,105,238
50,733,444 1,971,365
75,927
2,740,555
684,363
10,069,522
924,685
19,942,451
917,436
23.554,520
172,167.126 6,989,205

166.836
74 992
138,383 116,552
31,000
47,300
212,784 231,017
156,929
36,380
202,644 153,707
118,026
26,832
157,176 601,590
130,603 103,536
108,871 156,762
964,460 472.227
96,353
44,338
63,881
23,240
44040
168,758 122,933
286,310
396,402 454,079
2,575,940 3,113,106 2,665,484

341,545
359,944
70,776
619,114
353,960
524,162
219,656
882,442
124,524
598,562
2,413,912
141,539

680.66J
342,075
124,252
774.384
266 64%
289,500

30,273,612
40,176,558
7,559,776
79,425,455
8,846,772
35,643,97"
128,439,989
65,331,829
14,390.590
35,689,501
21.652.811
30,462.99*
497,893,863

2,637.590
43,318,655
12,539.499
9,853,098
21,496,951
30,276,378
18,785,414
2,631,776
11,603.778
26,205,560
10,916,368
1,856,830
18,298,193
5,344,187
5,616,742
221,441,019

141,620
4,713,580
44,476,738 1,751,465
11,345,061 1,967,482
641,450
13,952,141
18,731,959 1,129,508
50,919,088 2,372,253
928,300
26,050,920
111,835
3,144,297
390,691
10,271,546
24,890.831 1,161,176
630,822
13,264.355
66,765
1,706,073
653,741
16,681,547
207,260
5,4-22,44;
333,640
4,456,637
250,027,2 *8 12,488,008

710 000
109.150
797,450
1,371.745

409 000
34,000
1,158,320

206100
201,020
13,150,214

525,000
980,320
1,650,000
835,000
50,000
12,197,320

131

§1

Cities, &0.

|

£

In

a

»5

Millions.

2,896,844
871,761
7,394,671

31,270
768,750
76,750
1,289.870
42,000
17,370
80.260
2,306,270

26.676,810 4,299,990
500,383
29,962,82;
270,847
8,475,561
85,263,627 1,988,126
11,597,21 9 1,856,255
44,446,828 1,212,620
97,790,682 1,630,216
71,954,925 l,2t 4,928
11,978,080
797,013
38,047,723
775,0
23,840,930
651,847
36,339,449
631,712
486,374,651 15,883,937

390,533
1,0'64,156

99,744
2,187,701
1,572, 86fc

519,753
8,312,278

334,000
931,007
772,325
333.496
192,500
3,175,800
959,227
97,491
142,500
566,099
86. ,9>4
57,000
194,676
8,619,115

498,526
14,646,734
18,411,505
5,416,900
6.046,596
19.839,935
64,860,196

3,000
2,400,000
1,083,449
175.000

308,500
534.895
4,504.844

83,550
151,500
450,000
635,786
197,000
393,500
40,800
242,531
398,118
122,750

913,856
1,991,429

557,256

1,042,877
525,791
1,246,639
9,465.443

98,409 749,745 3,798,936
165,203 140,732 2,099,695
42,851 138,625
846,984
676,557 420,239 3,596,020
99,136 150,485
677,000
408,369 374,366 1,547.025
722,679 2,640,596 16,680,647
509,652 538,883 2,077,454
145,095
78,840
493,010
261,309 179,330
978,477
99,703 104,591 1,270,390
162380
235^72 231,182
808,627
17,738,590 3,464,833 5,747,614 34,874,265
1,245,000
543,000
111,150
370,720
695,000
194,370
12,840,050
644,380
141,990
110,550
680,000

1,694457
361,705
3,650,394
1,505,105
2.662,000
9,381,783
2,849.083
1,061,515
1,720,197
1,520,285
1,468,806
28,332,586

33,340
66,081
38,238
312,119
349,492 434,065 1,239,079
347,990
193,393 120,019
29,950
368,690
93,902
60,000
35,200
598,742
72,710
155,669
93,458
323,484
75,227 1^672,806 5.8/0,893
3,571,460
207,663 1,234,787
597,920
949,064
34,719 165,166
30,380
203,629
114,589
63,930
52,579
402,090
238,229 164,350
95,190
829,609
145,774 266,052 1,297,662
60,500
25,000
19,314
6,291
126,647
30,550
127,266
82,078
459,306
44,479
25,000
21,267
124.520
61,993
18,177
37,450
180,375
5,0sl,370 1,927,790 4,404,533 13,285,899
3,271

66,075
221,266
43,816
67,518
179,633
581,579

500,410
33,480
6,060
17,540
557,490

mm mm

.

767

m

28,125
26,616
22,790
23,704
127,962
229,197

15,117
100,016
31,093
35,697
151,495
334,175

f

•

a.

3»

2,042,293,

2,008,522
4,421,453
3,484,385
66,118
83,364,562

I

s^

3
ft,

£

-it
3

g

£

to

699,778

39,842
2,444.470

V

•c

e

t

1

gi 3

•3

J

•*

09

'

-5

1

1

3

3

r

S
5
iiio 40
7 6 8T 128
68 10 S 28 4-0 19
4*4 10 11 2-o 71
41
•7
2Vi
20
3 3
11 4 2 10 11 18

1
15 31 167

B'ds,8t'ks.&c

'

>

1

• t.

(»

17,171

1,526.35b
193,635
2,416,319
190,885
14,906,478 3.181,145
12,214,695 1,616,812
250,885
1,680,243
839,112
10,302.906
44,817
1,381,809
60,670
2,627,098
846,591
3,304,306
258,275
3,066,267
13,745
56,472
53,482,549 7-.496.572

185,439
841,451
239,972
75,745
287.341
74,902

I
3

144
163 535 23 7l9 73 3H hi 1-7
38
17 146 5 32 18 11 3-0 4 4 •6
« Due fr. banks 50
48
3? J 2 41 18 9 54 2 5 2-0
«
14
20 9 5 28 1 2 1*1
16 15
•6
1 •7
S 47 2
§ Not'e.ctfs.&c
6
5 2 11
•4
•2
•1
•2
•2
Cl'r'g H.excb
1
12
2
97
2
11
4
7
J
•3
5
•3
•6
1"4
•b
Oth.res'ees..
1
6
5
3
22
3
1
1
1
H
7
23*1*
24'8
24
25M
Totals......
28
1
269 Io34 !47 235 132 71
i-5
67 6.* li !
'3 240
f Capital
61 3 19 13 12 2-6 •7 9 1*1 3-3 8 10 2-1 2'1 18 33
37
9
•e
11 13
73 4 20 14 6 20 •8 3 8 l-o 4 4
g anr. Auidlv. •20
•2
•8
•1
2-2
•4
•2
1
7
4 2
6 4
4 1 4
S Circulation.. s 21 1
S Duetodep'rt 126 471 25 117 74 34 17-7 •e 18 4 4 98 31 30 8'7 13*6 99 12 8
jo Due to bankt
76 38)8 14 72 25 16 11 •8 4 ra 77 19 14 2-0 7'1 105 67
•3
•2
•2
•3
£ Other liab's
1
2
5
17
1
3 Totals
2*i<* 1034 47 235 132 71 24 8 2-6 28 7-? 23
07 6^ 14-1 24-3 24 .45 -4
A
•

16,250
3,920
30,000
51,830
78,150
195,230
30,640
338,620
87,010
568,900
689,480
30,500
225.000

24,280
410,992
17,176,189 4.068,991
13,521,664 2,008,727
3,301,043 1,115,205
625,265
4,278,401
12,065.301 2,349,972
50,753,590 10,192,440

440,086
139,912
497,575

2,328,242
3,752,335
26,017,251
23,100,994
3,593,674
12,649,293

2,715,535

O
e

297,500
490,625

115,199
6.019,649
39,173,579 2,115,304
374,372
12,378,042
65,665
11,369,704
139,268
1,002,515
691,895
21,153,100
599,194
11.973,743
103,070,332 4,100,897

2,675,000
2,595,000
335,000
7,875,920
1,100,000
3,667,095
9,446,350
6,595,90;
608,000
2,605,538
635,t00
1,714,764
39,854,174

2,750,000

2,303,000

11
11

Total Div.No.8

$155,055 $175,167 »391,777
102,491 138,168
3,2,365
87,281
45,232
209.579
213,090 3,305,446 7,019,445
6,461,320
671,685 1,095,337 2,826,132
407,480
111,502 202,293
125,490
630,925
265, 92t
704,480 1.170,644
389,150
7,566,180 1,607,034 5,666,123 12,610,867

$43,410
77,440
51,890

$1,076,603
452,181
490,758
6,216,935
3,62O\170
586,157
1,965,493
14,408,297

146198063

4
32

1

[

deposit.

certiflc'tei
k

3,631 617.051,455 253,724,590 '2,449,212,659 10846671^- 2,585,099,571 196694499 10098933^ 16,318,205144049035

Jolorado.oth'r

Total for

Lcg.tend'rt
S. ct'U

Treasury <tU

514,858

8

© Wyoming

Silver

Silver.

75,598
117,774
1,147,886
647,610
77,425
452,797
69,038
60,968
82,968
63,965
3,770
2,799,788

Mexico..

£ Indian ler
5 Utah

$23,624,259
12,005,557
12.362,211
162,758,349
114,266,481
28,759,626
47,613,240
401,389,753

1,748,709
17,8/8,534

563,500
647,000
1,040,050

400,000
680,000
1,700,000
2,522,000
550,000

5

* Montana .
"
Oklahoma...

47,500
2,790,441

814,72t>

215,500
2,937,379

82,00(
6,000,000
4,825,000
1,100,000
1,270,000
3,222,800
16,499,800

1

& San Franoisco.

1

3
89
23
25

Gold

9,152,644
6,457,703
11,502,572
4,514,372
17,228,978
4,504,694
4,376,549
47,436,859
3,633,634
7,578,90o
18,518,641
23,871,171
173,123,631

422,200
610,000
4,856,106
292,600
647,500
2,165,478

7,700,000

59

150,838
1,372,805
9,817,239

7,588\$94
5,943,294

2,640,00"

226 25,799,270
4
2,100,000
111 12,162,00'

Illinois, other.

.

2,241,561

30,949,657
12,189,001
17,258,622
1,247,341
19,386,657
14,650.582
101,401,658

863,211
694,919
225,000
1,064,070
544,480
648,761
455,500

980 000

7

4,617,-241

5,719,7 95

It
2,133,985
960,605
20 11,608,260
4,678,000
3,806,700
48
1,891,963
11
2,775,000
1,321,000
1
252,000
150,000
39
5,048,840
1,761,050
36
3,632,230
1,017,122
174 29,257,015 11,779,740

15

Oold and

dis-

26, 1900.

44 630,000 434,190,06i 40,028,455 535,153,974 84,008,697 56,663,100
715,836 9,742,699 45,592,644
250,993
385,077
13,466.956
11,935,964
109,015 387,977
1,900,000
482,400
773,550
250,54
11,191,036
11,267,679
471,645
1,355,000
70,447
368,000
42,455
663,108
2,509,f60
10,825,036 111,225,824
103,881,553 3,690,1501 1,032,250
751,906 903,496 3.336,633
1,052,012
69,693.353
445,394 1,116,750 2,565,108
8,549,000
61,722,127 1,550,536
592,570
16,0s0,000 111,722,879 4,919.826 118,695,039 11.977,397 2,612,910
576,124 4,881,369 5,216,916
1,425,927
73,094,178
3,822,043
365.230 2,398,213 4,380,168
10,127,000
73,102,777
1,918,850
3,536,'26'
180.853,012
140,556,017
6,780,298
23,786,463
1,088,800 1,313,599 1,933 373 5.296,975
117,252,499 l,005,437,3u2 54,003,580 1,056,315,030 112686494 64,758,880 4,347,551 21406332 67,825,102

60,770,000
1,352,000
1,550,000
31,552,840
14,90a,000
19,305,000
13,250,000
41,894,390
184,579,230

29
16
2
25

$349,8?6
790,278
294,690

$19,641,244
11,182,114
9,612,723
121,592,085
91,944,136
17,881,598
41,355.732
313,209,632

82 $10,896,000 $2,834,086
5,425,000
54
1,356,470
1,437,47s
48 6,760,000
38 37,400,000 14,212.000
2K 41,307,500 15,059,496
3,596,481
49 15,140,250
81 20,747,070
8,093,050
562 137,675,820 46,5^9,056
-

dt

counts, flncl'g gold O. H.
Treasury
overdrafts.) certificates. certificates.

Other.

Individual.

te;£

3 N.Hampshire.

Loans

Surplus.

Capital.

1900.

LXXI.

[Vol.

3

|

410
1,110
414.610

«5

Si
3! |
fcj ^

3

Ss

41,838
78,540
150.425
24,198
97,259
31,689
35,321
82,229
25,455
2,507
586.632

10,000
175.000
98,980
17,770
76,500
5,180
29,66v

03

rf->

|3 &
09

fcqos

136,974
154,157
33,767
39,265
19,255
19,984
99,974
4,2-72
....

--

J

i

C

7,210

~s3

c

P

if §
£*

~i

i^
e

25 3 51 29 S 15-0 17 2 38 148 1.405 1.180 2.585
5> 10 5-« 4« 44 3 V tt-n 345 402 747
80 12 14*8 51 52 1*8 12 1 329 335 664
86 358
1-2 47
12 30 272
2 •8 Si 8 3
56 171
115
....
....
11
1
2
1
11
6
1
•6
•1
4
147
143
•1
1
6
11 1 11
3
•8
86 140
4
54
•2
1" 16
11 2
1
30 S~3 45 96 563 29" 334 lb^ 394 2.663 2.149 4.812
60 li 17 237 380 617
3 •8 7-8 11 2*8 4
8 1
181 200 384
8 3;;
S 1-8 6 11
1
1
73 163 236
•4
13
1»
11
7
1
21 91 23 6 31 221 137 151 5-a 26-9 1.265 1.29 > 2.558
•«
979
»«1
9-; 88, 11 8»
87 6
7 3 8 1 0» is 27
22

4-7

3 It
7 17

r.

•i)

-t

IV

•4

.'iff

«rt 4.V<i

43
14
28
r
l,8rJ
Tl49
4
2JM3
^9
4
To^
33
96 56: 5»1
1

•i

December

ABSTRACT

1,

THE CHRONICLE.

1900.]

Deposits.

Mass., other ..
Island.
Connecticut...

82 $10,846,00©
55
5,461,850
48
6,760,000
38 37,400,000
211 41,317,600
47 14.980,250
8S 20,694,920
563 137,4 60,520

™ Rhode

sj
1

Total Div.No.l

f

New York City

44 60,800,000
5
1,352.000
6
1,550,000
280 31,315.300
114 14,988,210
36 19,305,000
31 13.250,000
385 42,228.790
901 184,789,300

2 W. York, other
2 Sew Jersey...
g Philadelphia..
. Pittsburg
H Penna., other
1

Total Div.No.2

(

Delaware
Baltimore

'

2

Dlst. Col., oth.

**

West Virginia.

{

Total Div.No.S

(

North Carolina
South Carolina

30

Georgia, oth...
Florida

26

Alabama

8

Orleans..
Louisiana, oth.

28
12
7
13

5

Texas, other..

202

1

|

fl

15

....

Mississippi

J"

Sew

m

Arkansas

7

Louisville ....

8

Kentucky, oth.
Tennessee
lTotalDiv.No.4

71
48
490
13
15

7,700,000
10,158,750

5
.

1

1

1

Cincinnati

f

Cleveland ....

'

other

>iiio,

!

-3

Indianapolis..

S
E

mdiana, other
Chicago

.

Illinois,

6
2,050,©O<
232 26,027.320
4
2,100,000
113 12,209,50;

...

iB

It

217

other.

%

6

fe

Detroit
« Miehig'n.other

18,450,000
17,988,405
3,300,000
8,112,452
2,950,000
6,810,000
117,856.427

5,502,620
33,329,155
12,252,177
16,939,007
1,193,585
19,363,941
14,851,702
103,432,187

47,500
2,338,095

7,313,472
5,428,776
615,558

650,737
324,065
125,400
707,753
259,014
251,000

4
800,000
178 12,700,00*
5
3,800,000
6
4,000,000
65
4,677,500
6 11,400,000
6
2,550,000
2
350,00(
50
3,565,001
103
8,182,100
8
3,650,000
3
400,000
97
5.807,500
24
1,475,000
26
1,460,000
578 64,817,100

201,920
13,181,225

2,5U5,713
43,226,494
11,730,783
11,285,785
22,736,529
30,234,737
19,582,150
2,758,324
11,059,385
26,941,958
11,081,117
1,943,475
19,348,361
4,817,994
5,602,434
225,145,239

82,000
7,300,000
3,688,450
1,100,000
1,270,000
3,222,800
16,663,250

3,000
2,592,000
891,449
175.000
308,850
537,895
4,508,194

440,666
20,152,728
13,204,604
5,740,701
6,003,363
19,558,525
65,100,587

400,000
675,000
1,700,000
2,547,000
550,000

83,550
151,500
450,000
635,786
197,000
393,500
42,848
242,531
398,118
122,750

2,273,426
3,709,479
25,297,069
23,284,437
3,615,141
12,239,233
2,428,466
2,011,902
4,824,855
3,854,942
64,710
83,603,660

1

£

8t.

Joseph

* Missouri, oth'r

I

1

1

Nebraska, oth.
North Dakota.
South Dakota.
Total Div.No.6

i

Nevada
SanFr.&LosA

8

<fl

California.oth.

30

(

es

9n
1.

1

4
23

Oregon, other.
Washington...
Total Div.No.7

New

30
96
5
8

Mexico..

4
**

33
9
21
18
26

uolorado.oth'r

* Idaho
fe

Montana

£ Indian ler....

[

Total Div.No.8

Total for U. S.

..

230,500
2,918,229

563,500
647,000
1,014,875
2,750,000

710,000
111,500
804,950
1.372.744

411,000
34,000
1,174,032

206975

2,305,000

700,000

1,159,952
11
1,650,000
13
870,000
1
50,000
149 12,606,952

C Utah

500
2,718,083

£
<s

h
§

X
I
f

g
"S

j
*
£
(,

167
19

liab's

Totals.

..

331,409
9,462,131
190,759
6,938,534
19,000
1,548,911
384,36b
10,603,613
153,257
4,530,193
377,636
9,191,492
63,262
3,455,127
552,805
14,191,686
66,188
4,468,979
297,885
3,309,231
52,903,641 1,875,9=0
107,298
2,765,838
821,744
12,757,846
898,452
20,091,223
966,431
23,570,721
179,789,196 7,106,47/

7,720
154,957
280,540
54,799
2,210
119,398
52,223
244,853
6,000
35,700
41,154
27,300
50,880
268>925 149,72
481,391
169,851
72,500
42,302
282,557
152,240
216,626 142,796
433,877
121,761
39,000
161,510
20,943
145,463 383, 99 1,149,198
490,010
69,690
109,277
60,638
77,557
103,535
627,070
295,724
70,601
993,411 462,207 1,839,851
530,030
25,500
86,213
113,70
46,8 9
215,000
81,393
59,639 1,192,756
162,661 130,968
47,920
543,879
213,900
377,482 528,237 1,300,264
2,549,670 3,145,6d3 2,249,852 8,441,936

339,077
1,019,005
89,700
2,034,759
1,553,692

510,353

7,864535

5

20J

27«1 1H62

1

1

48 252

74,104 176,338
140,828 1,672,017
106,218 151,339
39,523 712,714
4.985
35,870
197,875 242,199
110,413 145.159
672,946 3,135,636

148,955
1,352.980
377,74©
931,024
64,700
886,062
566,352
4,261,813

308,213
881,178
760,213

316764
192,500
2,891,800
885,777
89,165
128,000
569,122
875,917
49,500
47,500
186,619
8,182,268

'

>,

'

30,224,98(5

598,501
450,257
1,071,210
2,119,968

192,968
882,301
213,616
75,699
284,445
119,879
651,005
35,020
46,236
2,501,169

368,412
40,355
22,453,274 4,172,877
10,221,664 1,223,795
3,429,182
908,815
604,045
4,336,929
12,566,206 2,486,732
53,375,667 9,436,619
1,557,361
230,130
2,617,643
169,950
14,649,499 2,972,375
12,626,267 1,852,721
1,666,470
257,306
11,003,415
793,297
1,791,963
68,322
2,835,707
60,430
3,513,838
938,478
3,327,505
225,755
53,815
18,865
55,643,485 7,587,629

55,249
10,3o0
23,98*
264,605
363,882 334,9 L5 1,179^72
372,580
156,091
45,620
88,722
364,138
42,500
60,000
76,555
715,6*6
57,000
164,249 107,069
357,396
67.048 1,368,158- 5,284.242
3,218,480
200,988 1,331,640
804,099
887,920
34,790
36,479 206,639
184,3 ?6
125,437
71,887
63,420
366,765
268,201 168,152
&&&*28$
88,780
105,831 223,610" 1,363,783
141,120
20,234
26.000
9,107:
108,45©
156,866
82,382
456,188
37,190
18,204
36,494
126,594
45,000
56,456
15,816
32,440
151,517
5,120,700 1,890,«j59 4,092,784 12,622,813
s

525,000
8,280
4,150
19,940
557,370

18,500
10,000
435,000
144,420
19,290
76,500
4,810
28,2*0
1,630

737,430

.S3

77
18

11-6

3

1-6

3'0

i

17 11 59
9 3 r?
•9
5 1
•2
4 2
7 5 _l-e

•2

11

137 75 24-2
13 11 2-8
14 6 20
1-0
6
7b Hi 174
9
27 17
\

1

1

1.17

75

•1

14 3-3 12-8 30 40
3 •4 77 19 5
5 1-6 5-7 11 14
2 fl 1-2 3 3
1 3 1-2 3 2
.

S
•1
•7

•1

44-t! 2-8

•6
•9

1

•2

•7
2 i
I
28 VX 29-4 68
2 11 4-8 8
3 8 21 4
•2
2-4 4
1
17 4-1 116 31
4 •8 86 19
•1
•1
2
1
7-i
294
68
28

'5

1

•7

7-6
2-6
2-2

•1

8 139 14-1
4v 18 4-0
7
46 48
2-5
20 15
•6
22 •6
•2
8 •8
1-0

4

•7

07 146 24 •» 263 260
10 2*1 2-1 18 33
•«
1*5
3
14 10
•4
•2
3
5 14

32
17
2

8-6
2-7

136 103
7 6 123

•2

67I14-6

12-7
7-5
1

44» 263

^6-0

5,235
141,729
145,833
40,909
68,531
155,744
557,981

20,586
38,156
172,881
143,608
17,600
84,833
47,446
38,674
67,402
25,379
1,380
657,945

>

200

»•

27,639
16,758
26,879
17,587
87,470

176,333
564

36,666
64,790
42,225
37,780
148,019
329,680

128.003
135,748
3",246
35,560
17,154
23,186
72,024
3,954

52,325
114,672
1,065,000
650,926
80,393
406,735
79,357
60,809
61,915
49,590

45%345

2,621,862

8,906

140

193857948 101263A3U 16,454,351 44437981 146950j22

Si

*

550 43 12^
B'dS,St'kS,&C
148 5 30
Due fr. banks 47
44 13 44
Specie
15 147 a 22
Not's.ctfs.&c
8
47 2
3
Cl'r'gH.exeb 11 100 2
18
Oth.res'ees..
5
26 1 _13
Totals...
272 loeu 48 252
Japltal....
37
61 3 19
3ur. & undlv. 20
73 4 20
Circulation
5
23 1
8
Duetodep'ra 126 450 -J 3 128
Due to bank* 79 429 1« 77
Other

6,t>00,519

27,980
690,550
83,070
910,870
4^,600
11,400
113.940
1,879,810

•*.s

Millions.

Loans

...

2,694,828
799,131

1

!
1*

Cities, Ac.

(

268,500
452,465

105.997
5,9*4,133
40,319,614 2,433,767
371,829
12,620,180
58,765
11,453,414
119,850
1,037,649
759,169
21,354,319
542,098
12,453,370
105,232.079 4,391,475

3,732| 621,536,461 256,249.449 '.458,092,758 98,871,910 2,644,237,193

Totals for
Reserve
In

1

146,ooo
5,005,545
44,599,951 1,648,882
11,732,221 2,159,101
778.665
14.295,077
970,090
20,008,702
48,967,661 2,317,819
25,717,412 1,106,243
128,717
2,941,792
364,602
10,279,707
24,895,666 1,209,274
867,495
13,215,323
67,330
1,843,253
17,042,972
728,086
150,478
5,387,027
352,232
4,387,583
250,319,892 12,995,074

777

Dee Moines...

i

52.680
331,915
61,150
269,535
6,207,960
7,704,839
423,960
2 372,976
120,680
569.196
406,100
1 067,278
7,311,620 1,587,699 5,42H,t,l* 12,790,146

110,210 592,704 2.933,076
770,435 1,395,000
620,510
146,944 219,641 2,433,493
40,217,110 1,614,820
117,500
74,532
378,103
864,781
79,201
7,581,149
710,823 348,02© 3.223,557
347,440
80,099,924 3,493,049
92,915 185,554
700,000
581,200
8,697,767 1,563,175
219,980
456,798 394,605 1,448.714
36,020,14« 2,658,742
772*58' 4,042.620 22,325,095
138,826,133 9,862,647 11,483,620
687,630
590,052 617,875 2,125,235
66,702,609 2,919,692
161,990
152,966 117,324
648,812
14,086,681 1,0 7,252
272,642 216,884 1,046,025
121,620
34.950,561 1,774,966
118,051
680,000
93,173
754,130
21,358,759 1,557,985
242,525 233 538
157.150
664,877
30.610.014 1,481,640
509,375,839 29,102.506 16,692,440 3,7 41,046 7,141,7*4* 39,098,996

(

I

pofii.

» 454,407

27,342,278 3,88^,459
31,242,475
4<>3,033
8,313,917
250,100
87,272,055 1,823,658
11,931,744 1,672,366
45,510,545 1,216,460
101,704,634 1,589,352
74,921,133 1,557,912
11,962,990
736,112
38,423,131
740,8'
21.437,859
63^,173
36,576,541
588,003
496,639,302 15,159,428

Wisconsin, oth.

Iowa, other...
St. Paul
Minneapolis..
Minnesota, oth
g 8t. Louis
h Kansas City..

d

tertifU'tes

$162,o39 $186,030
116,413 165, 66
98, 1" i
54,461
199,938 3,253,141
612,080 971, ^59
110,035 197,814
258,587 60C918

2,675,000
2,727,000
397,500
7,965,335
1,100,000
3,692,460
9,455,350
6,610,50/
608,000
2,605,538
685,000
1,682,764
40,204,460

TotalDiv.No.5

i

$38,' 90

6,431.498
11,078,665
4,009,069
16,981,838
4,210,222
4,118,495
44,661,272
3,234,316
9,456,228
18,221,790
22,314,396
167,389,524

9,8 13,9 ,-9

[

Milwaukee

$24,065,291 $1,095,779
428,497
12,248,122
484.817
12.559,815
166,944,213 5,598,418
115,233,630 3,627,062
546,682
29,565,450
47,335,732 1,960,668
407.952,253 13,741,943

Silver
leg tend'rs
Treasury A XT. S. efts

863.211
694,919
225,000
1,144,070
594,480
603,761
455,500
2,640,000
422,200
610,000
4,877,054
292,600
1,647,500
2,210,728
1,749,709
19,030,732

75
4
76

1

Silver.

1

980 000
2,300,000
960,000
1,1C0,000
18,070,000
1,070,000
4,645,000
8,147,595
7,310,000
58,297,595

Gold
Treasury

certificates. certificates

overdrafts.

$335,361
797,001
270.895
4,121,234
1,971,176
145,923
1,261,463
8,903,053

Gold and
gold O. H.

29, 1900.

763,897 116/1 13/ 46,926,587
44.630,000 421,387,659 35,081,279 549,841,139 78,119,400 56,0^9,5.0
576.116
102,268 428,012
12.738,524
285,200
858,049
1,900,000
190,090
11,735,696
C
486.19H
80,058
10,387,465
443,000
817,956
1,355,000
46,955
224,5 4
11,108 946
722,608 868,677 3,283,230
10.839,563 112,011,774 2,272,444 105,511,257 3,685,095 1,042,280
426,161 1,043.886 2,462.722
69,216,318 1,0')2,597
62,039,275 1,531,558
590,150
8,571,500
483,435 3,4'3,78) 2,944.991
16,710,000 123,236,738 4,399,284 122,265,266 14.236,590 4,102,480
358.490 2,461,952 4,535 848
74,752,595 1,294,107
10.142,000
77,009,384 4,102,670 1,964,250
24,240.238 180,735,961 3,076,6<!4 143,037,819 6.758,675 1,077,600 1,264,104 1,885. 27?> 4,953,294
118,388,301 1,004,467,034 47,54- ,970 1,082,54*,78 10949623' 66,414,490 4,20l,'«21 2175H673 66,783,277

3,006,000
2,023,000
750,000
3,306,000
1,150,000
3,480,000

16
2

Other.

$20,514,930
11,358,333
10,037,117
122,005,986
89,622,000
17,536,602
41,240,257
312.315.225

$2,855,186
1,361,792
1,438,198
14,212,000
15.076,046
3,574,279
8,097,100
46,614,601

IS
2,133,985
985,605
19 11,108,260
4,439,000
50 3,924,200
1,897,076
11
2,775.000
1,321,000
1
252,000
150,000
40
5,094,200
1,781,050
38
3,757,672
1,030,122
178 29,045,317 11, 603,853

....

® Maryland, oth.
<0 Washington...

dis-

'•mints, (lncl'u

Individual.

5

Loans A

Surplus.

Capital.

1900.

N. Hampshire.

1111

REPORTS OF THE! NATIONAL K INKS MADE TO TUB OOnprROLLRU JUNE

FROifl

•C

1

)

.

•es

JNI

5

3J
|3
65
I
5
09
09
fcq»9
3
21 50 26-0 49 287 151 22-5 3 4 14-6 ,,448
6-6
359
3 10 63 16 61 46 58 3
6 i-a 94 14 17'0 80 62 1 109 355
271
2 3-7
!i
7 3» 16 49 10 37
1*1
110
1 Jj 1
5 l'O 15 ....
6 155
•6
•7
11 •J 14
•6
15
69
1 11 18 14
31 88 48-1 94 592 33 416 10 3 38-B 2^767
3 •8 7-8 11 2*9 4-1 78 11 17 240
3 21 b 16
•7
39 •8 10 188
J
•4
84
18 7 1-9 19 2-2 •6 14
1
32 1-H24-3 33 23-3 139 20-7 6-2 26 2 1.270
955
7 4-4 125 36 295 124 70 1*6 8-6
-4
•1
•1
•1
30
1
—_ —
."59-2
41
10-s|38
'B
9
13
2,767
34 H8I481 94

Till

i_
1.196 2,644

416
336
85

_103

775
691
356
147
159
172

2Tl77

4944

381

621
392
265

37
4

201
181

1.287 2.537

108 1.063
46
16
2/177 14.944

5

.

AB8TBACT

VROITK

KEPOUXS OF THE

SVATIOMA.1*

Oapital.
<irf5

t
,5

w
^
1

82 $10,846,000 $2,849,741
5,498,300
55
1,375,823
6,760,000
1,436.697
46
38 37,400,000 14,212.000
209 41,102.500 15.106,355
45 14.680.25C
3,435,55!
84 20.635 050
8,076,350
561 I3t>,922,100 46,492,517

N. Hampshire.

Mass., other ..
Rhode Island.
Connecticut...
Total Div.No.)

f

New York Oiti

2

». York, othei

281

«-

Sfew Jersey..
Philadelphia.
Pittsburg
Penna., other
Total Div.No.2

115

44
5

6

g
.

H
(
f
'

_
•d

2

36
31

402
920

Delaware

18

Baltimore ...
Maryland, oth
Washington..
Diet. Col., oth

19
5S
11

[

Total Div.No.3

f

North Carolina
South Carolina

1

31

17
2

S

Alabama

jj

.Mississippi

27
16
28
12

j New Orleans.
S Louisiana, oth

14

Georgia, oth..
....

7
5

2,

21?

Texas, other..

Arkansas

,

|

1

|

(.

7

Louisville ....

8

Kentucky, oth.
Tennessee
Total Div.No.4

73

(

Cincinnati ...

!

Cleveland

® Columbus
Ohio, other

13
16
6

242
4
119

...

H5

V
5
S

50
515

....

Indianapolis.
Indiana, other
Illinois, othbr.

14
226

« Detroit
« Michlg'n.othei

77

.

Chicago

6

^ Milwaukee

5

[

Wisconsin, oth
Total Div.No. E

f

Des Moines..

1

8j

2,133,985
11,108,260
4,014,400
2,775,00(
252,00(

3.0J3.500
2.083,000
750,000
3,556,000
1,155,000
3,480,000

980000
2,300,000
985,00(
1,100,000
18.518,920
1,070,000
4.645,000
8,197,595
7,337,645
59,201,060
7,700,000
10.400,00(
2,050,00.
26,365,760
2,100,000
12,514,50!
19,250.000
18, 4g3,0i';

3,300,000
8,171,533
3.250,000
7,062,701

810 120,647, 580

|

Joseph....
» Missouri, oth'j

b

Total Dlv.No.f-

Nevada

1

i

SanFr&LosA

«3
"3

Californla.oth

8

Portland
OreKon, other.
Washington..
Total Div.No.
1

;

5

Mexico..

9

,oth'r
J Colorado
® Idaho
fe Montana ....
~ Oklahoma....

21

2.305.00C

24

£ Indian ler

30

865,100
1,316,890
1,600,000
855,000
50,000
13,003,99i

5 Otah
O Wyoming

1C

14

Alaska
TotalDiv.No.8

1

Total for U.S.

1

162

..'

Totals fob
Reserve

e

Cities, Ac.

S

In

1

j.

» Duefr.bank?

1.1

§ N0t'8,Ctf8.&C
• Cl'r'g H.exob

S

Bj Otli.res'oes..

5

P

374
37
2

~

3nr.

&und,v.

41

«
j-j Duetodep'n 134
a Dae to banfr 83

£

3
^

ClroulattOD..

Other halve
Totals

.

si

9,180,000
6,744.72c
613,000
2,626,188
737,500
1,742,372
40,505,558

230,500
2,982,274

667,000
697,000
1,058,001
2,775,00(

713,50
111,500

t.

.

500
2,830,625

4

374

i

s

I

2,583.794

21,3-25,098

762,059
6,29o,289

106,70 ,293

12,^52,701

63D.54

32>,r>6i
9,414,3^8
117. 24^
7,367,468
15,033
1,684,157
431,503
12,137,322
142,420
4,534,80(
458,008
9,307,930
3,487,26j
75,6^9
587,925
14,743.112
4,851,74t
67,014
3 32,020
3,777,681
58,616.136 l,550,lc,9
97,*35
2,966 026

313,30
126,923
733,042
258,595
251,000
-.

312.352
992,33.'

87,97'

2,029,174
1,550,(161

12,8o'8,176
20,403,24:

49^,441
7,789.751

23,830,308
189,929. 69-

r

e

295,500
849,350
717,997
296,486
156,432

141,504
1,752,927
1,843,579
734,892
935,187
2,458,625
1,255,233
123,065
377,920
1,219,732

19,349,8:-

691,644

451,602
1,158,088
2,301,334

i

14,000
39, '8"

62,500
163,340
30,000
388,180
39,390
485,150
480.130

47,004
52,021
20,296
161,607
30,152
133,358
26,944
458,632

223.716
100,247
128,428
106,076
118,248
891,117
80,462

13,00(

e

CO

i

287,? 90
219,396

45 000
401.638
294,913
427,872
195,175
864,051
93,897
403,144
1,859,119
145,8? 6
895,271
478,626
1,033.391
7,644,939

39.31J
67,525

410,885
54,613
31,072
104,173
333,680
1,982,273

205,100
79,901
67,920
162,653
231,010
320,144
2,228,440 2,885,^04

2,267.20.

3

32,980
37,868
37,134
353,336
371,650
371,156
349,816 1,328,855
40,480
109,067
92,658
294,015
50,000
91,401
28,75(
346,677
63,000
154,994
99,360
354,985
3,603,250
48,348 1,613,826 4,417.016
993,120
187,006 820,998
773,635
29,150
38,106 221,537
1-6,678
47,430
134,520
72,731
321,834
109,750
263,325 200,430
859,778
135,000
137,939 272.C01
938,446
97
25.000
21,972
73.724
44,620
144,195
77,171
4? 0,986
6,v:92:
20,630
41,487
161,206
27,960
57,999
18,0 8
173,974
5,584,02( 1,839,384 3,910,aui 11.025.195

216,960
161,945
3,084,970

18,000
10,24c
445.CO0

1,476,71c

206,900
11.32C

II

•a

o

o

34.46'

6,630
200
..

820.170|

|

SI

67.826
78,709
53.774
34,538
133,497
370,279

11,004
14,003

116,407
243,2081

56.201
129,217
1,195,000
160.3111
655,104
89,715
29,236
29,365'
436,768
89,907
29,635
76,953
35,764
85,803
6,974
61,546
5,803
4,076
...
66-.4S7 2,880

21,821
46.283
88,502
142.067
20.498
74,572
57,977
47,76b
47,446
30,208
1,380
578.572

76,580
10,840

...

1,935

76,416
25,378

11,345
360,002

197178482 1150l8l4> L5.927.919 452435, 9

&

o

4,139
156,251
129,592
23,132
63,045
137,696
513,855

4,350
35,060

213,965
829,547
82,354
2,257,516
3,031,306
60,650
3,270,49v
817,137
257,173
3,330,233
38,309
56,614
54,657,818 7,239.723

45,78(
44.36C

3

136,09;
91,681
29,420
254,813
159,80)

50i

524,260
8,370

1,590,44?
9,745,462

636,37.'

|5

6,040

572,040

14,550,517
12,806,504

129,070

S

CD

8458,690
348,184
226.099

8.137,298
2 538,015
520.792
1.080,036
5,290,t>t>i 113,309.114

434.290
115,550
434,060
7,163,750 1,576,1,62

43,200
411,955
23,023,226 4,678,328
10,790,695 1,251,358
998,78?
3,366,326
564,305
4.505.39C
12,720,90b 2,275,254
54,818,506 9,811,225
1,405,30)
2,613,42(

191,71 f
683, 12f
201,113
72,894
262,768

|s

887,49?
871,5^2
6,664,316

51,848,69b
26,415,237
K,947,888
10.128,209
25,237,534
949,4d5
13,353,927
67,152
1,813,173
747,489
17,189,107
146,200
5,459,008
380,325
4,382,890
255,380,535 13,133,265

46.021
182,015
7,797,509

1

o

705.42.:

5,111,297
46,363,442
11,473,668
14,301,624

2,782,359
841,377
86,017
122,000
535,70(
840,755
45,50(

05

i

ci'ts

091,75- 1,302,000
94,314 497,462 2,844,857
30,375,212
761.380
184,186 218,512 1,938,013
43,070,763 1,890.5 07
39b\0*5
7.852,669
84,400
73.026 125,992
695,798
84,096.771 3,556.446
362,636
683,449 384,858 3,400,148
703,(00
79,79:
8,889,657 1,495,980
115,043
462,000
2,712,09
262,520
36,. 62,30
403,665 337,994 1,492.790
733. 56? 5,298,959 20,942,906
142,379,828 11,029,290 9,877,240
720,:-70
68,294,920 2,878.510
54 6,524
569,264 1,994,566
156,990
15,222,936 1,2 31,522
144,278 212,4^6
996.433
142,270
267,145 215,971
35,927,807 1,782,329
950,791
6*0,000
21,336,343 1,499,845
103,037
83,600 1,064,533
;
31,279,222 1,467,984
197,130
247, ( 9
203 134
707,321
524,988,43i 30,632,343 15,249,9a
3,565,032 8,263, 2s5 37,490,156

27,141,272 3,778, 295
448.912
32,873,323
244,5t9
9,133,421
88.^69,683 1,739,57!:
11,760,178 1,766,344
45,968,704 1,198,872
102,942,777 1,401,942
73,923,094 1,435,815
13,751.147
692,816
40,314,099
699,8 I
24,272,049
597, -73
38,460,893
530,620
514,4 10,641 14,534,933

«'

a

d*po-ii.

$138,373 $222,012
100,184 149,010
82,(30
57,842
209,414 3,031,238
683,531
997.3-5
108,556
190,416
254.574 642,760

66,09(
60,866
5,978.160

u.

\<t

80,712,194 71,619,270
738,453 11167163 49,874,731
438,140
376,90(
88,653 595,166
771,740
498,155
420.76C
83,95E
41,122
991.164
3,730,527 1,111,430
786,762 904,502 3.272,886
1,584,904
444,796 1,251.296 2,548.839
534,070
14,182,757 3,701,740
532,278 3,945,713 2,887.225
4,061,417 2,288,100
392,691 2,098,440 4,019 876
6,732,895 1.153,990 l,275,51c|2,190 387 5,141.336
1119409M9 81,206,260 4,343, 1<i4|22193779 69,507,797
106.474
28,920
66,9»5 166,744
149,603
1,859,208 1,091,890
113,83'. 1,299,661 1.503,170
385,149
98,490
92,226 215,524
452.401
172,398
812,130
29,54V
570,588 1,293,446
42.00C
92,268
1.476
39,095
65.835
718,384
18,960
208,907 257,016
877,068
111,140
583,313
112,481
142,435
566.271
3,917.195 2,2oj,53C
625,456 2,691,063 4,907,794

5,9l0,6yl
39.930.364
12,939,595
11,730,387
1,020,467

257,500
428,636

Leg.tend'rs

Treasury
\certific'te>

$64,74C

1900.

5,

[

SU.VP.T

Silver.

1

a

.

c

3? !
ft.f

47135,^68

3

el

i

c

3
i
33s S3
on
SI
1
6
33-(
34 14'« 1.48»
13? 7* 40 117 1-5 15 3-6 138 30 43 78 8'8 143 15S 31 51 35 8 33 394 152
3 •* 6j 15 6-2 44 5b 3-v H-6 360
5 37 30 11 3-0 4 4 t 7-6 18 6 3-6 41 30 4"
371
11
4(1
19 11 5( 2 4 Vb 5-5 13 13 3> 88 53 51 8 3-e 97 15 31 "8 90 74 1-6 13
•7
34 36 1 7 3 •8 3-o 8 37 16 5 4 10 4-0 389
3
1 ro
11 3 3
93
9 4 If
•1
•8
10
12 109
6
•6
•9
4
4
31 1-c 1 4
3
1
4 1 1 8
3
3
•7
1-7
6
130
•1
•2
•1
1
'2
3
1
9
1
1
10
3 3
» 16
68
li 3C IS
8 16
1
b
•b
•i
3
1
7
6 3 1£ •I 1 •8
1
1
45 353 140 73 •ii7 il-4 37 7 6 38-« 67 68 152 35^ 376 218- 37 96 48-^ 97 644 34' •13'.' 101 418 3.806
•*•

a.

570
30 144
49
3^

IHJt

B'ds,8t'ks,&c

3,699,1 tO

47.500
2,216.800

...

Gold

$24,496,837 $1,104,335
12,415,237
436,230
12.477,270
458,987
169,240,6241 5,682,713
116,749,034 3,657,673
28,779,326
546,021
48,109,154 1,953,467
412.267.4S2 13,839,426

3,872 830,3*9,<31 261,874,568 2,508,366,440 93,862, 34t 2,709,946,856

A

Millions.

2,-75,000
2,727,000
417,50(
8,113,115
1,130,000

22,032,77,'

167.763.612

4
36
9

8,417,36'

3

{

1, 652,501
2,200,011
1,773,577
19,445,4-1

2,075,924
3,558,211
26,313,484
24,900,512
3,799,084
13,360,265
2,956,208
2,306,634
5,071,630
3,948,413
117,882
88,408,247

Omaha

New

295,500

88,675
170.25C
450,000
690,286
200,000
401,500
51,465
255,581
398,118
124,250

|S

[

5,108,324

3,967,79^
4,364,191
45,384.917
3,102,316
8,785,156
18.970.220

400,000
710,000
1,700,000
2,622,000
550,000

110

pL|

429,200
610.000

432,791
21,787,927
13,407,213
5,474,600
6.307,409
20,934,488
68,344,428

Kansas

eg

2,645,00-

3,500
2,725,000
910,778
185.000
310.35C
ooy oo
4,694.464

.?

$328,931
768,677
256,279
3,922,957
1,830,823
142,221
1,204,074
8,453,962

3,87-4,627
1 6,340, z29

82.00C
7,300,000
30 3,697,61(
4
1,100,000
23
1,270,000
31
3,250,000
97 16,699,610

St.

Nebraska, oth.
North Dakota.
South Dakota.

Other.

7,477,058
5,171,644
644.387
10.220,46^
6,435,411
10,938,380

3,650,000
400.00C
99 5,915,000
27
1,525,000
28
1,502,500
621 66,076,900

*j

f

702,530
225,000
1, 219.070
607,600
609,858
460,900

6

1

.

906351

6,252,695
29,029,007
13,912,474
17,090,606
1,120,305
20,473,458
15,548,823
103,427,368

812,35<
1,416.876
416,000
40.000
1,220,155
208.075
205,420
13,553,650

800,00(
13,235,0*

3,800.000
4.000,000
72
4,882,040
6 11,400,000
6
2.550.00C
2
350,00(
53
3,650,00(

I

989,600
4,566,850
1,936,650
1,321,700
150,000
1,827.100
1,075,672
11,866,572

2.614.272
46,426,487
12,675,316
10,5 07,4 30
22,622,634
30,810,865
19,402,265
2,889,718
11,345,707
29,195,081
10,919,756
1,939,185
20,057,625
5,015,981
6,051,125
232,503,447

4

192
5

Iowa, other..
St. Paul
Minneapolis..
Minnesota, oth
g St. Louis
h Kansas City..
1

Qold and

dis-

62,80i»,OOf

43
5,171, 00(
40 3,849,660
186 29,304,305

Savannah

1

$21,833,793
12,284,778
10,856,668
119,640,329
93,538,190
17,405,131
42,911,892
318.470.7M 1

<t

counts. (Incl\ gold O. H.
Treasury
overdrafts.) certificates certificates

47,390,000 420,67 5,6H. 32,768,065 569.911,103
187,559
1,352,00(
12.465.397
11,154,985
1,900,000
211,54?
1.550.00C
11,012.574
8,067,275
1,370,000
31,516.210 10.900.653 119,611,837 2,105,53b 105,990,24"^
956,212
63,102,170
15,068.355
73,461.509
8,672,754
19,905,000 17,275,000 115,228,948 4,067.682 127,152,369
13,250,000 10,345.000
78,698,280
76,355,544 1.222,92?
43,051,321 24,632.354 189,171,739 2,901,848 145,173.360
188.492,886 122,485,761 1,015,037,916 44,4*1,370 1,112,195,090

1

m Virginia
« West Virginia

Loans

Surplus.
Individual.

[Vol. LXXI.

BANKS MADE TO THE OOMPIROLLER SEPT.

Deposits.

1900

1

11

THE CHKUNM'Lh

1112

to

1

436
36o
84
38

1

.1

c

•1
164
50
76
•(
35
1067
63 3 30 13 11 3-f- •7 9 11 4-f h 10 3-i 31 19
•*
It 14
3
74 4 30 14 6 3
8 8 3
4 4
•2
•6
5
(•
39 1
» 4 11 •i 1 •h 3-7 4 3
453 31 119 7h 31 17 6 t 17 4-4 10 b 31 33 94 13- 104
It
3 -0 79 18 17 3-f 8-6 133
431 16 84 38 lb
•8
*4
1
1
1
3 1
17
1
1
37 7 5 384 «7 68 15 8 75- 37«
1007 45 353 llll 7i 348
'2

•

r

'K

•J

!'

f

1.331 3.7

103
2 2

1

;

31*

i
1

4

11
8-1

3 *

71-

11

3-9

4

7

•!<

11

17

K

Sf
3 1 6 1-7
•4
•e
1 6
18 7 19 n 3>
1
35 fi 34^ 31 33 13H 33-6 5f 27 t
7 5-2 136 38 347 14-0 72 If 10
1

•8

•(•

it

1

•4

X

37 »e

1

97 «4< 34

•1

4

4

4.1-P

Toi 41

8

18!l

386
300

03

191

34

4

1.3 HO i.:i4-2

1

786
736
373
147
133
17t

5.048

M

3.S9

it
3.603
l

3S

103 1.097
46
18

3>f»«

M4I 5.04N

99'i

.. . .
.
.. .
...

. ....

December

1,

...
....
..

..

THE CHRONICLE.

1900, J

[titfjestmjmt attd

Railroad

1U3

Itxtjelligpewje,

RAILROAD EARNINGS.
The follewing table shows the gross earnings of every Steam railroad from which regular weekly or monthly returns
oan be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the last two
columns the earnings for the period from January 1 to and including such latest week or month.
The returns of the street railways are brought together separately on a subsequent page.
Latest Gross Earnings.

ROADS.
Week, or

Mo

Jan. 1

to

Latest Gross Earnings.

Latest Date.

Current

Previous

Current

Previous

Year.

Year.

Y"%r.

Year.

Roads.

Week or Mo Current
Year

Jan. 1

153,064
22,152
144,229
18,308
Septem'er.
45,580 1,817,818 1,749,540
46,053
Ala. Gt. south.. 3d wk Nov
715,518
612,973
82,901
78,539
Ala. Midland... Septem'er.
Ala.N. O.ATex as Pacini) 3.—
33,000
26,000 1,606,971 1,389,660
N.O.AN.E... IstwkNov.
648,787
627,663
17,000
17,000
Ala. A Vicksb. IstwkNov.
17,0i0
5o9,504
13,000
597,956
Vioks.Sh.AP. IstwkNov.
298.335 306,732 1,935,087 1,750,896
Allegheny Val. July
34,634
29,456 1,510,464 1,430,761
3d wk Nov
Ann Arbor
50,477
5,193
6,140
47,012
An.Was.ABal.. Septem'er.
66,134
78,175
8,481
8,806
Ark. Midland... August
Atoh.T.AS.Fe. October... 5,070,447 4,509,943 40,1 14,773 34,800,723
224,040 202,687 1,647,795 1,426,930
Atlanta* Char. August
363,170
328,7a2
40,384
40.087
Atl. Knox.ANo October...
63,48i
59,931
508,802
454,882
Atlanta AW. P. Septem'er.
16,493
177,517
98,706
20,673
At.Val.VstaAW October
75,975
63,089
13,196
9,995
Austin AN'west June
105.344
18,212
103,057
14,351
Bait. & Lehigh. Septem'er.
Bait. A Ohio..) October... 4,110,601 3.745,598 36,741,757 31,244,261
B.AO. Sou'w. s
963,800
793,010
Bang'rAAro's'h Septem'er. 128,996 117,927
20,276
20,344
3,706
3,841
BathAHam'nde Septem'er.
35,339
26,293
3,502
3.689
Bellefonte Cen. October
29.440
27,081
3,359
3,747
BridgtonA 8.R. Septem'er.
501.841
492.450
62,327
64,632
Brunsw'kAW'st Septem'er
96,421 5,099,804 3,599,725
95 576
Buff.R'oh.APltt 3d wk Nov
82,695
533,432
649,579
78,827
Buffalo & Susq. October...
89,969
95,798 4,305,659 4,407.410
Bur.C.Rap.AN. 3d wk Nov
Canadian Pao.. 3d wk Nov 619,Ool> 697,00< 26,601,270 25,336,416
135,954
141,953 5,761,596 4.051,925
Cent, of Georgia 3d wk Nov
557,030
597,457
68,168
58,96*
Central N. E.... October..
Central of N. J October.. el028815 el443536 12.547,256 12.311,182
Central Pacine Septem'er 1,819,049 1,878,827 13,749,573 13,253,864
16,648
2,814
2,406
14,425
Cent. Pa. & W. August...
557,038
516,987
50,323
40,468
OharleBt'nASav Septem'er
90,122
70,146
1,604
2,049
Chattan'ga So. 2d wk Nov
314,023
268,107 12,745,31ft 11,012,161
CheB. A Ohio... 3d wk Nov
800,493
760,011
Octot>er.
Chic. & Alton
5.164,236 4,816,612 40,412,998 37.750,012
Ohio. Bur. AG. (October
t.m.
III. 3d
i
wk Nov 131,075 117,972 4,676,263 4,318,867
Chic & East.
129.650
130,346 6,101,544 5,667,521
Chic. Gt. West'n 3d wk Nov
75,911
83,440 3,668,168 3,415,473
Chlc.Ind.AL... 3d wk Nov
851,60k
953,271 36,642,747 35,797,175
Ohio. Mil. ASt.P. 3d wk Nov
Chio.AN'thw'n. Ootober... 4,184,225 4,270,02c 35,762,312 34,440,571
. .

1

Chic. Peo. ASt.L
October
132,879 127,690 1,161,242 1,059,000
St.L.C. ASt.P.
2,460,515
Septem'er.
2,419,468 18,355,152 16,375,663
LAP.
R'k
Chic.

Chic.St.P.M.AO Septem'er. 1,080,907 1,098,985 7,290,361
27,5 J 6
25,632 1,206,216
Chic.Ter.Tr.RR 3d wk Nov
*350,000 *134,896 * 2,449,473
Choo.Ok.&Guli October
85,426
99,413 4,423,633
Cin.N.O.AT.P. 3d wk Nov
44,053
326,852
35,403
Cin.Ports.&Vir October
Ol.O.Ch.Ast.L. 3d wk Nov 393,351 346,744 15,240,462
48,194
47,209 2.111,39>
Peo. & East'n. 3d wkNov
39,486
40,828 1,919,489
Cl.Lor.&Wheel. ifd wk Nov
179,C0e
151,911 1,286,290
Col. Midland.... July
391,46b
379,305 3,231,36c
Colorado A So. Septem'er.
13,603
12,456
128.768
Col.New.ALau. Septem'er.
21,666
976,452
19,402
Col.Sand'yAH. 3d wk Nov
17,836
227,462
22,945
Cornwall ALeb. Septem'er.
108,148
99,024
758,322
Cumb'1'd Valley Septem'er.
Denv.ARioGr.. 3d wk Nov 211,100 216,201 9,730,4*5
DenverASo'w'n Septem'er. 200,972 209,083 1,848,669
69,858
63,179
710,358
Det.AMaokinac Septem'er.
41,818
DuluthS.S.AAtl 2d wk Nov
51,701 2,284,885
13,613
132,696
October
13,589
E. St. L. A Car
ElglnJol.AEast October
179,190
166,021 1,650,217
Septem'er. 3,118,901 3,410,696 27,757,399
Erie,
6,811
Ev'ns.AInd'plis 3d wk Nov
296,977
7,707
28,502
28,632 1,254,776
Evansv. &T.H. 3d wk Nov
11,595
89,157
12,160
Find. Ft.W.AW. Ootober
Septem'er
163,074
143,806 1,198,854
Ft. W. A Den.
17,802
Ft.W.ARioGr.. 3d wk Nov
4/7,611
9,704
12,97i
1,536
1,677
Gads. <& Att. U.. October
3d wk Nov
38,533
31,71c 1,549,393
Georgia RR
93.236
88,516
645,476
Georgia A Ala. June
r
107,75
101,521
993,720
Geo. So. AFla.. October...
24,416
28,452
284.03!
Gila Val. G. AN. Septem'er
Gr.Tr'nkSyst'm 2d wk Nov 450,754 497,191 19.983,672
Det.G.H.AM. IstwkNov.
20,727
841,776
20,527
. .

.

C

.

.

.

.

.

.

. .

/

GreatNorth'n—
St. P. M. & M.. October
East of Minn October

.
.

Montana Cent October..
Tot. system. October

.

Hooking Valley 3d wk Nov
Hous.ATex.Cen Septem'er
Illinois Central.
Illinois South'n

October..
Septem'er

Ind.Deo. &West August
Ind. 111. & Iowa. Septem'er
In.&Gt.N'rth'n 3d wk Nov
JInteroo. (Mex.)
owa Central...

Iron Railway.

.

Kanaw'a&Mlob
K.C.F.So'tt&M.

K.C.Mem.&Bir.
Ran. C.N. W...
Kan. City Sou..

WkNov 10

3d wk Nov
October
3d wk Nov
3d wk Nov
3d wk Nov
Ootober
3d wk Nov
3d wk Nov
Ootober
. .

K. C. Sub. Belt.
Lenigh A Hud.
Lehigh Val. RR. October..
Leh. V. Coal Co. October..
L.AW.-B. Coal. Octoher
Lex'gtonA East Septem'er.
.

.

LonglalandRR Septem'er.

2,325,735 2,748,884 18,740,165
485,816 3,300,52b
505,065
192,526
181,855 1,638,394
3,023,32t 3,416,555 23,679,085
104,880 4,123.698
105,908
456,123 476,583 2,619,94*
3,309,986 3,012,462 28,172,221
10,525
436,857
63,836
57,245
86,802
104,621
113,625 3,597,720
114,859
76,500 3,428,600
75,000
41.126
43,454 1,960,108
54,108
6,101
4,306
748,875
14,698
16,145
110,450 5,178,034
124,677
41.953
32,961 1,551,992
317,283
34,970
37,273
86,019
87,378
10,867
10,687
386,190
41.662
31,638
el645122 e2475563 20,145,896
«879,000 C2418.356 14,669,988
e471,018 elll9349 7,623,768
261,389
24,010
27.294
3,583,759

7,549.801
1,110,924
•1,457,906
4.233,927
271,093
13,644,669
1,816,113
1,615,589
935,931
2,822,899
113,938
732,746
181,545
682,121
8,512,827
1,529,278
560,4 82,
2,091,025
118,588
1,491.685
26.738,909
323,034
1,247,770
98,374
1,118,700
428,143
9,603
1,421,017
583,820
843,568
306,314
19,235,978
848,150
17,850,452
2,538,687
1,616,112
22,005,251
3,109,334
2.487,699
24,463,567

Long Is. System August
Los Aug. Term. October ..
Louis.Ev.A8t.L 3d wk Nov
Lou. H. ASt.L.. 2d wk Nov
Louis. ANashv. 3d wk Nov
Macon ABirm.. October
October..
Manlstique
tMexloan Cent. 3d wk Nov

Current

Previous

Year.

Year.

Year.

. .

Mexioanlnter'l. ieptem'er.
tMex. National. 3 d wk Nov
Mex. Northern. Septem'er.
i Mexican Ry... WkNovlO

stwkNov
wk Nov
wk Nov
wk Nov
Mo.Pao.AIr'nM 3d wk Nov
CentralBr'oh. 3d wk Nov
3d wk Nov
Total
Mob.Jao.AK.G WkNov. 24
Mobile* Ohio.. October...

Mexican So

l

Minne'p. ASt.L. 3d
M.St.P.AS.St.M 3d
Mo. Kan. & Tex. 3d

Mont.AMex.G'f October
Nash.Ch.ASt.L. Ootober
Nevada Central Septem'er.
N.Y.C.&H.R.. October
N.Y.Ont.AW. Ootober
N.Y. Susq. AW. Septem'er
. .

. .

. .
.

.

Norfolk & West.
North'n Central
North'n Pacific.
Ohio River
Ohio Southern.
Pao. Coast Co...
PaoifloMall
Pennsylvania^

wk Nov
3d wk Nov
3d wk Nov
3d

Octobers...

July
Septem'er.
Septem'er.

October

. .

Penn&No'w'n. Septem'er.

Pere Marquette aa wkNov
Peo. Deo. & Ev. 4thwkJuly

A

Erie... Septem'er.
Phila.
Phil. Wilm.AB. October...

Pitts.C.C.ASt.L October
Pitts.Bes.AL.E. 3d wk Nov
. .

Ch.AY'ny. Septem'er
Pitts.Llsb.&Wn June
PittB.AWest'n.. 3d wk July
Pitts.Cl.ATol. 3d wk July
Pitts. Pa. A F. 3d wk July
Total system 3d wk Nov
Pitt.

,

Reading Co.—
Phil. A Read. October

646,972
12.388

626,900

0,261
12,769
57o,390
11,075
4,061
309,723

45,298
12,189
573,920
7,418
6,544
317,917
357,011
138,059
58,307

4

435,421-

131,912
68,81ft

90.2C0
12,720
59,237
94,556
378.072
608,000
21.000
629,000
2,708
C562.400
109,377
a725,243
2,970
5,027,623
e282,022
163,049
276,074
618,107
705,823
33,426
52,547
484,471
308,366
7,718,578
54,987
148,374
23,161
502,898
946,781
1,694,225
46,444
16,07 6

4,809
35,206
20,002
10,110
69,697

9
3,252,402
100,730
1,603,977
555,782
520,603
24,661,761 22,863,071
77,218
53,981
96,442
70.836
15,409,216 13,566,590
3,926,653 3,413,647
6,935,892 6,196,706
3,281,092
133,718
1.789,483

8,86.

77,6v>0

10,033
62,435
115,873
313,179
649,000
30,00)

679,000
2,008
C527.041
102,556
a643,366
1,955
5,005,877
«454,265
233,308

3,603,840
3,409,630
2,036,351
51,281
596,318
4,598,428
1,349,730
278,279

408,628
19,845,473
15.263.300
7,105,65 7
186.681
3.502.687

507,fc75

602,192

3,893,900
710,545
2,610,934
4,180,474
11,687,246
26,636,032
1,203,518
27,839.550
115,851
c4.881.294
1,158,379
a5,846,908
25,274
45,732,480
3,924,945
1,747,232
13,293,375
6,316,071
28,165,917
1,303,721
455,501

3,9 1 2,900

.
el878281 e2517143 22,108,910
October... el021046 e3389460 19,523,906
Ootober ... 2,899,327 5,906,603 41,632,816
Septem'er.
75,552
73,103
770,421
Septem'er.
45,6^3
402,351
58,780
3d wk Nov
482,833
11,290
12,060
3d wk Nov
94,300
96,500 4,277,326
130,650
133,227 1,135,984
St. Jos. A Gr. I October
St.L.Ken'etASo October...
13,139
11,900
87,708
St. L. A N. Ark. August...
10,049
8,163
St.L.Van.AT.H October
182,376 181,836 1,619,079
St.L.ASanFran. 3d wk Nov 217,675 155,487 7,854,483
St.L. Southwesi 3d wk Nov
203,343 149,754 5,495,718
San.Ant.AA.P Septem'er. 252,075 265,992 1,464,331
SanFran.AN.P October...
98,815
92,7 b 8
831,658
S.FePres.APh 2d wk Nov
21,211
18,296
853,168
8av.Fla.AWest. Septem'er.
341,324
326,671 3,474,580
Seaboard Air L. July
824,124
718,911
Sher.8hrev.A8o 2d wk Nov
11,790
427.475
18,250
Sil. Sprs. O. A G. Septem'er.
11,463
23,052
197,471
So. C.& Ga.Ext Ootober...
24,200
218,508
29,629
So.HavenAE.. July
5,55c
26,954
6,435
So. Miss. A Ark October
152,169
19,206
11,799
So. Pacific Co. 6. Septem'er. 5,780,176 5,817,986 46,691,505
Cent. Pacific. Septem'er. 1,819,049 1,878,827 13,749,573
Gal.Har.AS.A Septem'er.
514,736
605,281 4,481,767
Louls'a. West. Septem'er
137,296 106,766 1,016.303
Morgan'sLAl Septem'er
596.124
574,840 4,810.913
N.Y.T. A Mex Septem'er.
195,234
31,201
23,737
Tex.&N.Orl. Septem'er
21i.24t
158,56^ 1,552,05s
So.Pao.ofCal Septem'er. 1,572,92 V 1,592,977 13,024,028
So.P'o.ofAriz Septem'er.
285,16<:
2,760,801
292,174
So.Pao.ofN.M Septem'er.
155,262 155,421 1,477,451
Southern Ry.... 3d wk Nov 674,962
668,363 28,531,738
TerreH.AInd. Ootober... 154,174 145,742 1,343,147
414,518
TerreH.APeor Ootober...
46,17 3
59.730
Texas Central. 2d wk Nov
397,721
12,675
22,676
Texas A Pacific. 3d wk No\
257,599 217,496 7,934,136
Tex.8.V.A N.W Septem'er.
10.901
93,180
16,500
45,86f
Tol.AOhioCent. 3d wk Nov
2,250,419
49,22?
997,441
Tol.P.AWest... 3d wk Nov
19,300
22,480
Tol.8t.L.AK.C. 3d wk Jul j
965,729
42,036
37,225
UnlonPao. RR. Septem'er. 2,398,063 2,218,164 17,458,896
Oreg.RR.A N Septem'er. 756,518 680,311
Oreg.Sh.Line Septem'er
880,489 749,804 6,637,321
Total
Septem'er. 4,035,070 3,648,279
Wabash
336,192 14,930,970
3d wk Nov 345,875
W.J'rseyASea't Ootober...
237,330 220,330 3 059,521
W.V.Oen.APitt Septem'er.
95,32ft
S6.511
Western of Ala. Septem'er.
68.716
544,030
71,482
West.N.Y.APa. 4th wkJuly 114.100 119,000 2,075,556
Wheel. A L. E. (
57,201 2,549,712
60,071
Olev.C.&Soi 3d wk Nov
Wisconsin Cent 3d wk Nov
106,49*
92,000
4,788,296
Wrights v. AT' n Septem'er.
15.357
17,02
119,982
YazooAMiss. V Ootober .
592,679 595,849 4,012,012
York Southern.. Septem'er.
9,372
8,257
6»,133
.

Coal Alr.Co..
Tot.both Co's.
Rich.Fr'ksbAP
Rio Grande Jet
Rio Grande So.
Rio Gr'de West.

.

.

. .

.

.

645,699
2,511,597
4,144,549
10,764.847
24,624,444
1,128,729
25,753,173
72,392
C 4,253,021
1,075,883
a5,280,4l5
17,914
42,909,143
4,040,695
1,879,271
11,234,653
5,841,971
25,734,154
1,060,147
401,934

262,328
772,407
712,461
31,311
55,710
477,240
271,310 2,774,575 2,736,090
6,976,278 69,970,484 59,437,784
59,164
519,688
499,783
143,073 7,261,925 6,498,885
524.544
25,610
464,332
528,816 4,203,617 3,698,394
991,981 9,412,787 8,727,287
1,739,726 15,703,174 14,736,882
46,963 2,160,660 1,633,284
143,923
17,919
135,716
4,088
29,003
22.854
38,388 1,221,861 1,046,020
704,464
21,104
546,359
10,662
268,665
223,634
69,039 3,533,425 3,050,254

l

389,215

Latest Date.

Previous

S
Adirondack

to

20,046,571
22,574,204
42,620,775
698,063
308,727
438,499
3,376,511
1,149,641
82,639
1,529,491
6,; 78,800
5,045,214
1,402,568

801,652
781,859
2,872,752

308,287
241,885
187,376
21,528
102,688
43,827,061
13,253,864
4,346,786
1,000.308
4,852,545
202,806
1,4 01,291
1), 762,932
2,521,128
1,431,040
25.917.263
1,252.073
357.520
281,417
7,118,754
63,968
1,769,067
914,273
1,038,170
15,352,404
5,707,585

13,786,727
2,718,321

494,182
1,938,058

2,187,568
5,002,249
101,231
3,872,352
61,802

Figures for Ootober are for the railroad only, t Mexican currency. § Covers results of lines direotly operated east of Pittsburg.
Includes Chesapeake A Ohio Bo'western, Ohio Valley and Chicago and Texas for both years.
a Includes Paduoab A Memphis Division from July 1 in both years.
b Does not include the Austin A Northwestern, the San Antonio A Aransas Pasa or Houston <fe Texas Central system.
e Results on Montgomery Division are include * in 1900. from Jan. 1 and In 18 99 after July 1.
e Anthracite ooal miners strike this year.
d Includes 8t. Paul A Duluth from July 1, 1900.
*

t

6

.... .

THE CHRONICLE.

1114

Latest Gross Earnings by Weeks.—The latest weekly earnings in the foregoing are separately summed up as follows:
For the third week of November our statement covers 58
roads and these show 0*87 per cent increase in the aggregate over the same week last year.
3d week of November.

1900.

1899.

9

Alabama

Gt. SoutherD.

.

Buffalo Rooh. & FlttsbV.
Burl. Ced. Rap. & North.

Chesapeake & Ohio
Chicago & East. Illinois.
Chlo.Indian'lis & Louisv.
Ohioajro Milw. & St. Paul
Ohio. Term. Transfer
Cin. N. O. & Tex. Pacific.
Olev. Oin. Chic & St. L..
-

Clev. Lorain

&

Wheel'g..

Sandusky & Hook'g.
Denver & Rio Grande...
Bvansv. & Indianapolis,
Col.

& Terre Haute.
Worth & Rio Grande.

Evansv.
Ft.

Hocking
Intern'l

Valley...........

& Gt. Northern.

KanawiiaA Michigan...
Kan. City Ft. S. & Mem..
Kan. City Mem. & Birm.
Kansas City Southern....
Kansas City Sub. Belt....
Louisv. Bvansv. & 8t. L.
Louisville & Nashville ..

Mexican Central.........
Minneapolis & St. Louis.
Minn. St. P. & S. Ste. M..

& IrouMt....
Hob. Jackson & K. City
Mo. Pacific

.

Northern Pacific. .......
Plttsb.

Bess

Pittsburg

&

L. Erie...

AWertern

Rio Grande Southern....
Rio Grande We stern
St. Louis <te San Fran....
Bt. LoDis Southwestern..

Xexas & Pacific. .........
Toledo & Ohio Central...
Toledo Peoria <fe West'n.
Wheeling & Lake Erie. >
ClevePd Canton & So $
Wisconsin Central.......
Total (58 roada)

Ret increase 10-87

$

46.053
34,634
95,576
89.969
619.00C
135.954
314,023
131,075
129,650
75.911
851,602
27,5
85,426
393.351
48,194
39,436
21,666
1

211,100
6,811
28,502
17,302
38,533

105,908
114,359
41.126
16,145
124,677
41,953
86,019
10,687
40,261
573.390
309,72
131,912
59,237
94,556
378,0 2
608,000
21,000
2,703
276,074
705.823
33,426
148 374
46,444
69,697
11,290
94,300
i

217,675!

S

$
473

45,580
29,4 S 6
96,421

5,178

845

95 798
697,0 i0
141.953
268.107
117,972
130,345
83.440
958,271
25.632
99,413
346,744
47,209
40,828

5.829
78.0d0
5.999

45.916
13,102

695
7,529
101,669

• •-•f

1,884

mm

13,987

mmmm

46,607

mmmm mmm

986
1,342

19,40 1
216,200
7,707
28,632
9,704
31.713
104,880
113,625
43,454
14,698
110,450
32,961
87.378
10,967
45,298
573,920
317,917
133,059
62,435
115,873
313.179
649,000
30.000
2,008
262,328
712,461
31,311
14 *,073
46,963
69,039
12.060
96,500
155,487
149,754
663,363
217,498
45,865
19,800
336,192

2,264

mmmm

5,100
•«••*.••
,,„,,.,

896
130

7,598
6,820
1,028
1,234

.... ...«

2,328

1447
14,227
8,992

mmmm . „_.

1,359

180
5,037

530
->••-•••
.*•• -..

64,893
*•« •«•
mmmm

8,194
6,147
3.198
21,317

41,000
9,000

700
"2,115

6,638

5,30i

519
658

- -

mmmw

770
mmmm - — «••

62.188
53,589
6,599
40,101
3,360
3,180
9,683

57,201
106,496

2,870

9,510,225

9,428,420

426,739
81,805

2,200

»»

of

November.

1900.

Previously rep'd<62 r'ds)
Burl. Ced. Ran. <ft North.

Louisville Hend. & St. L.
Santa Fe Pres. & PhcBnix.

Total (66 roads)

Net decrease '01 2

i>.

1899.

Increase.

8
9,878,511
105,436
12.189
21.211
12,675

$
367,010

10,017,969 10,030,022

377,591

s
9.880.413
83,815
12,769
18,296
22,676

""580

344,934

Decrease.

*
365,108
21,621

"2,915
"io'.ooi

O.K.

389,644
12,053

—

Net Earnings Monthly to Latest Dates. The table following shows the gross and net earnings of Steam railroads
reported this week.
.

— —
Net Earnings.
Ourrent Previous

Gross Earnings.
Ourrent Previous
tear.

Roads.

Aiabama Gt. So'th.aOct.

196,879
1,682,700
Jan. 1 to Oct. 31..
692,417
July 1 to Oct. 31....
Atch T &S. Fe..b Oct. 5,070,447

Tear.

9

9

200,44 9
1,606,203

709,701
4,509.943
Jan. 1 to Oct. 31. ...40,114,773 34,800,723
July 1 to Oct. 31. ...17,410,893 15,374,855

Buffalo Gas Co
Oct.
Bufl. R. APittbs.b.Oct.
Jan. 1 to Oct. 81...
July 1 to Oct. 31...
Buflalo* S'sqneh.a.Oct.
Jan. 1 to Oct. 31...
July 1 to Oct. 31...

425,839
585.957
4,791,291 3,310,462
2,057,228 1,513,974
82.695
78,827
649,579
533,432
297,088
239,751
Canadian Pacific. a. Oct. 2.774,826 3,084,605
Jan. 1 to Oct. 31. ...24,715,270 23,282,416
610,706
732.724
Cent, of Georgia a. Oct.
Jan. 1 to Oct. 31.... 5,320,634 4,640,461
July 1 to Oct. 31.... 2,401,779 2,026,820
6£,168
58,964
Central New Eng . Oct.
597,457
557,030
Jan. 1 to Oct. 31...
257,606
244,994
July 1 to Oct. 31....
1,028,815 1,443,536
Cent, of N.Jer. .*a.Oct.
Jan. 1 to Oct. 31.... 12,547,259 12,311,182
1,454,714 1,176,598
Ohesap. & Ohio a.. Oct,
Jan. 1 to Oct. 31.. ..11,901,864 10,207,840
July lto Oct. 31.... 5,376,129 4,456,700
.

.

.

•

Tear.

69,470
472,123
209,429
t2,241.454
1«,*27,263
t6,859,864
27,354
255,204
2,117,425
873,937
41,231
225,152
113,475
1,078.174
9,353.671
303,764
1,621,188
843,107
13,614
113.190
57,904
238,534
4,826,513
570,558
4,039,995
2,144,306

,

„

,

Roads.

Gross Earnings.
Ourrent previous

,

,

Net Xarringr
Ourrent Previous

Tear.

Tear.

Tear,

Tear.

9

9

$

$

Chic Burl. AQuin.bOct

5.164,236 4,816,612 2,318,127 2,339,315
Jan. 1 to Oct. 31. ...40.41 2,998 37,750,042 14,^87,058 14,529,660
July 1 to Oct. 31. ...18,389,256 17.672,812 7,545.853 7,549,569
Ohio. <te East. 111. b. -Oct.
519,813
488,097
215/31
238,763
Jan. 1 to Oct. 31.... 4,328,47o 3,982,359 1,755,943 1,827,518
July 1 to Oct. 3 1.... 1,860,081 1,764,790
736,813
848,775
Cdic ta.. & St. P a. Oct. 4,278,837 4,327,690 1,693.983 1,690,504
Jan. 1 to Oct. 31. ...34,120,658 32.948,546 10,7.5 036 11,065,166
July 1 to Oct. 31. ...14,822,316 14,968,263 5,449,232 5,221,612
Ol.Otn.Chic.&St.L.aOct.
1,668,703 1,543,687
531,699
520,298
Jan. 1 to Oct. 31. ...14,135, 266 12,604.437 4,019,671 3,547,969
July 1 to Oct. 31.... 6,005,124 5,668,322 1,772,179 1,738,323
Peorla&East'n.a.Oct
230,869
210,188
71,605
67,423
Jan. 1 to Oct. 31... 1,968,410 1,674,488
648,m60
442,723
July 1 to Oct. 31....
770,063
750,478
231,937
216,844
Hooking Vallev.a..Oct.
461.749
392,933
207,678
169,173
Jan. 1 to Oct. 31... 3,834,701 2,824,660 1,544,154 1,000,435
July lto Oct. 31.
1,627,127 1,389,778
670,471
564,861
Lehigh Val. RR..*aOct.
1,645,122 2,475,563 df.258,753
604,964
Jan. 1 to Oct. 31. ...20,145,896 19,845,473 2,361,822 3.806,895
Deo. 1 to Oct. 31. ...22,233,290 21,742,935 2,769,778 4,157,583
Lehigh V.CoalOo/aOct,
679,000 2,418.356 df. 97,406
92.297
Jan. 1 to Oct. 31.. 14,669,983 15.293,300 df.83?,063 df.257,691
Dec. 1 to Oct. 31.. 16,496,049 17,045,890 df.815,859 df.339,996
Le.AWilksb.Coal.*aOct,
471.013 1,119,349
36,802
176,311
Jan. 1 to Oct. 31 ... 7,623,768 7,105,657
917,887
660,474
Lou. Hen. & St. L.b.Oct.
60,461
59,949
20,451
23,465
Jan. 1 to Oct. 31
531,133
496.073
153,297
159.606
July I to Oct. 31
224,448
222,157
74,998
82,762
Minn. & St. Louis.a.Oct.
336,411
308,464
164,952
149,477
Jan. 1 to Oct. 31
2,424,443 2,223,706
984.8 <9
887,548
July 1 to Oct. 31.... 1,108,544 1,064,594
491,914
457,177
Nevada Central
Sept.
2,970
1,955
257
110
Jan. 1 to Sept. 30 .
25,274
17,914
7,311
420
July 1 to Sept. 30
8,304
7,205
1,021
1.972
ST. V. Ont. & West.aOct.
*282,022
58,782
454.265
141,303
Jan. 1 to Oct. 31... 3,924,945 4,040,695 1,159,387 1,361,340
July lto Oct. 31.... 1,639,877 1,840,177
524,257
652,447
Sor them Central, b Oct.
eis^o?
772,407
161,793
296,473
Jan. 1 to Oct. 3i
6,316,071 5,841,971 1,707,478 1,493,378

Ogdens. & L. Champ.b—
July 1 to Sept. 30....
Jan. lto Sept. 30

174.712
444,419

183,040
465,871

60,474
137,398

61,446
106,802

Lines directly operated
East of Pitts.* E.Oct. 7,718,578 6,976,278 3,039,700 2,537,100
Jan. lto Oct. 31. ...69,970,484 59,437,784 23,150,907 17,540,507
West of Pitts. AE.Oct.
Deo.
16,300
Deo.
64,700
Jan. 1 to Oct. 31....
Ino.3,253,000
Inc.
499,300
Phil.Wilm.&Balt.bOct
946,781
991,981
523,936
528,836
Jan. lto Oct. 3i.... 9,412,«87 8,727,287 3,085,622 2,854,022
Nov. 1 to Oct. 31 ...11,324,249 10,392,449 3,735,521 3,353,421
Pittsb'g* West'n. b.Sept
317,778
296,766
103,6«2
93,390
Jan. 1 to Sept. 30.... 2,981,227 2,529,099 1,122,958
874.529
July 1 to Sept 30....
993,596
923,550
338,854
296,211
Pitts. Char. &Y'h*y Sept
16.076
17,919
5.786
8,756
Jan. lto Sept 30....
143,923
135,716
49,163
61,904

Beading Company—
14,496

—

[Vol. LXXI.

Pennsylvania-

13.746

203,343
674,962
257,599
49,225
22,480
345,875
60,071
92,000

p.c)..

Decrease.

Increase.

For the second week of Nov. our final statement covers
66 roads, and shows 0'12 per cent decrease in the aggregate
over the same week last year.
2d week

.

-

.

Tear.

9
67,826
475,325
233,717
tl,958,849
12,209,509
t5,692,011

27,833
173,239
1,235,359
580,766
44,461
277,282
154,077
1,411.016
9,571,948
254,545
1,340,920
712,393
16,268
145,631
50,429
628.569
5,034,107
371,320
3,223,725
1,467,950

Fhila.&Read'sr.b.Oct

*

1,878,281

*364.866

2,517,143

lto

Oct. 31... 22,108,910 20,046,571 7,241,595
July 1 to Oct. 31.... 8,947,701 9,038,471 2,967.205
Coal* Iron Co. b. Oct. * 1,021,046 3,389,460 *df.l45154
Jan. lto Oct 31. ...19,523.906 22,5/4,204 def.57,007
July 1 to Oct. 31.... 8.296,196 11,251,743
256,211

Jan.

Total both Co.'s.bOct
2,899,327 5,906,603
219,712
Jan. lto Oct. 31. ...41,632,816 42,620.775 7,184588
July lto Oct. 31. ...17,243,897 20,290,214 3,223,416
Reading Co. b
Oct
21,804
July lto Oct. 31
89,058
Total all Com p's.b Oct
241,516
July lto Oct. 31
3,812 474
130,650
133,226
St. Jos. & Gd. Isl.a.Oct
50,408
Jan. 1 to Oct 31.... 1.135,984 1,149,640
311,660
492,594
541.418
July 1 to Oct. 31....
193,317
St.Louis&SanFr.b.Oct
977,895
770,473
473.5«5
Jan. lto Oct 31.... 7,244,820 6,308,547 3,100,903
July 1 to Oct 31.... 3.416,027 2,788,261 1.612,716
St.LouisSo'west.b.Oct
771,703
601,597 1405,336
4,957,681 4,632,322 1.795.900
Jan. lto Oct 31
July lto Oct. 31.... 2,272,324 2,009,597
J977.578
265,992
252,075
San Ant.A Aran. P.bSept
113,037
163,204
Jan. 1 to Sept 30.... 1,464,331 1,402,568
573,312
598,737
153,219
July lto Sept £0
8outhern Railw'y.aOct 3,223,941 2,966,199 1.181.304
Jan. lto Oct 31.... 26.536.56H 23.920,750 7,637.908
July 1 to Oct. 31. ...11,237,820 10,488,231 3,666,086
52.117
36,339
27,973
Texas Central. a.— Sept.
269,395
212,408
82,277
Jan. 1 to Sept 30....
233,249
194,866
70,272
Toledo AO.CenT.a. Oct.
609,855
Jan. 1 to Oct. 31.... 2,102,535 1,640,055
880,355
740,636
244,257
July lto Oct. 31...,
4,537.977 4,182,653 2.198.003
inion Pac.Sys a. ..Oct
July 1 to Oct 31..., 16,019,119 14,226,336 7,286,810
1,643,001 1,574,196
537,399
.... Oct.
Wabash. b
13,927.326 12,803,030 3,909.675
Jan. 1 to Oct. 31
July lto Oct. 31.... 6,135,993 5,808,177 1,898,583
237,330
220,330
87,738
W. Jersey & Seash.b Oct.
897,495
Jan. 1 to Oct. 31 .. 3,069,521 2,718,321
489,683
549,449
184,825
Wisconsin Central bOct
Jan. lto Oct. 31.... 4,501,796 4,676.752 1,506,374
712,831
July 1 to Oct 31.... 1,901,738 2,177,301
.

—

a Net earnings here given are after deducting

1,062,921
7,403,655
3,536,359
390,718
1,126,173
1,028,177
1,453,639
8.529,828
4,564,536
19,973
79,292
1,473,612
4,643,828
30,946
270,246
156,414
369.670
2,592,452
1,241,424
J249.347
1.436.439
J700.743
129,987
181.741
201,193
1,105,780
7,425,764
3,566,216
16,378
55,423
63,425
479.246

239.823
2.102,806
6,784,412
512,312
3.720,526
1,722,857
32,038
846.595
236,656
1,898,287
952,342

taxes.

h Net earnlneB here given are before deducting taxes.

Anthracite coal miners' strike in October, 1900.
For October, 1900, taxes and rentals amounted to $166,894,
against $159,400, af *er deducting which net for October, 1900. was
$3,074,560, against $1,799,449. From July 1 to October 31. 1900.
taxes and rentals were $654,572, agmnst $623,859 in 1899. After deducting which the surplus was $6,204,792 this year, against $5,063._ . .
152 in 1899.
.
lu October,
i After allowing for expenditures for betterments, net
190O. was $3*3.570. against $221,500 in 1899, and from Jutv 1 to
Ootober 31, 1900. the net after allowiug for this item was $882,575,
against $592,864 in 1899.
*
t

)....

......

..

December

.

THE CHRONICLE.

1, 1900.]

Interest Charges and Snrplns.—The following roads, in
addition to their gross and net earnings given in the foregoing, also report charges for interest, &c, with the surplus
above or deficit below those charges.
-Int., rentals, etc.

Road*
Cent. NewEDpland.Oct.
July 1 to Oct. 31...
Ohio- Rnrl.A QulncyOct.
July 1 to Oct. 81...
Ohio A E. Illinois.. Oct.
July 1 to Oct. 31...
Clef r-in.ch.rt8t. L.Oct.
July 1 to Oct. 31...

Peoria
July

A

Eastern. Oct.
to Oct. 31...
Hoohing Vallev
Oct.
July 1 to Oct. 31...
1

Ogdensb. A L. Champl.—
July 1 to Sept 30...

.

Current

Previous

Tear.

Tear.

8
12,429
49,905
825,000

9
12,692
50,24 3
815,818

3,300,000 3,263,273
130.829
127,557
510,784
523,300
232,366
238,394
968,235
944,050
36,250
33,750
145.000
135,000
68,824
68,115
269,225
296,409

50,705

>~Bal. of Net Barn's.-^

Previous
Tear.
Tear.
9
9
3,576
1,185
186
7,999
1,493,127 1,523,497
4,245,853 4,286 296
*109,976
"137,394
*431,810
*307,432
293,305
287,932
794,273
803,944
37,855
31,173
71,844
96,987
*142,584
101,058
*385,824
295,636

Current

*10,739

*15.227

762,545 df.545,484
164,474
3,050,181
41,658
8,750
158,317
35,000
*36,761
32.319
*109,409
130,519
*52,337
130,157
*176,735
521,590

1,593,647
22,196
121.414
*31,148
*109,410
•108,840
*436,191

47,018

Reading—

AH companies
July

Bt. Jos.

..

1 to Oct.

AGr.

Oct.
31...

Tsl'd.-Oct

July 1 to Oct. 3i...
loleDo A Ohio fVn..Ock
July 1 to Oct. 31...
Wisconsin Central.. Oct.
July 1 to Oct. 31...

787,000
3,148,000
8,750
35,000
33,734
135,284
134,254
541,154

711,067

1115
Latest Cross Earnings.

Gross
EARNING8.

STREET RAILWAYS AND TRACTION COMPANIES.

Weelcorlto

Seattle Eleotrlo Co... Septem'er.

Southwest Mo. Eleot.
Southern Ohio Traot. October...
States Island Eleo... Septem'er.
Ootober...
Toronto Ry
Twin City Rap. Tran. Ootober ...
Union (N. Bedford).. Ootober...
. .

Tear.

Tear.

9

97,331 77.109 786,093
617,748
22,912 21,846
28.432 23,813
200,626
247,278
21,610 21,568 167,80(
162,344
126,137 111065 1,228,651 1,088,661
240,793 229,210 2,^42,822 2,075,187
19,570 19,040 212,464
191,840
§lnc. 9 635
§Inc 204 971

* Figures from May 1 oover Soranton Railway, Soranton A Plttston,
Scranton A Carbondale and Carbondale Railway,
t Strike in Cleveland in 1899
J Strike in August, 1899.
§ These are results for properties owned

Street Railway Net Earnings.—The following table gives
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street
railways, we adopt the same plan as that for the steam
roads that is, we print each week all the returns received

—

that week, but once a

Saturday),

we bring

month (on the

together

third or the fourth
the roads furnishing re-

all

and the latest statement of this kind will be found
in the Chronicle of November 24, 1900. The next will
appear In the issue of December 22, 1900.

Jan. lto Oct. 31....
Sacramento Electric "as

Prev'us
Week or Mo Our'nt
Tear.
Tear.

Current

Previous

Tear.

Tear.

Cross Earnings.
Current Previous
Tear.

July lto Oct. 31....
Electric. Oct.

v ewburg

Jan. 1 to Oct. 31....

A

Railway Co

Tear.

9

Roads.
Harrisb'g Traot'n. . . Oct.
Jan. 1 to Oct. 31

... Oct.

Jan. l to Oct. 31
Feb. 1 to Oct. 31.

—
Net Earnings. —
Current

.

Tear.

9

9

Previous
Tear.
9
8,547
94,747
47,117
2,725
33,095
21,968
1,005
17,523

27,103
288.886
129.019
7,640
84,029
43,221
4.110
43,518

25,417
261,963
121,728
6,920
76,275
39,892
3.756
39,198

9,016
115,996
54,034
3,097
39,135
23,636
2,008
21,508

19,347
201,035

21,372
177,333

106,627

11,437
91,997

32,833
30*,421
279,660

29,861
268,595
243,260

17.P06
167,058
152,520

14,657
137,158
124,830

8.108

Interest Charges and Snrplns.— The following Street

R'ys. Co.

railways, 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.
—Int., rentals, etc.
Bal of Net Barn's.-,
Current Previous
Current
Previous

Peoples Railway.

October... 16,416 14,791
JolietRR
October... 12,845 10,702
Springtield Ry...
October... 10,202 10,718
Hri'g'tonAMlllv.Tr October...
4,558
4,545
Springfield L. A P.. October...
5.061
4.653
Bridgeton Electric. October...
2,547
1,408
Total
October... 51,629 46,817
362 499
60.054 55,557
Atlanta Ry. A Power. August
Binghamton St. Ry.. October... 14,792 13,612 152,494
Br'klynRap.Tr. Co... October... 991,454 981,620
Chicago A Mil. Elec. October... 12, 95
9,175 12i',284
Chicago Union Tract. October... 633.043 679,040 6,138,779
66.63H 65,08 1
Cov... Ootober .
655,350
Oin. Newp.
3,", 82
2,33u
33,975
City Elec. (Rome.Ga.) October...
Cleveland Eleotrlo t. October
194,615 143 174 1,696,827
120,262
Cleve. Palnsv. A E... October
14,075 11,43.'
Columbus (O.) Ry.... October
85,677 75.216 822,445
257,180 222,482
Consol. Trao. (Pitts.) October
7,6«4
88,253
Dart. A W'port St. Ry Ootober...
8,273
Denver City Tram.. October... 114,373 102.025 1,077,959
Detroit Citl'ns'St.Ry. 3d wk Nov 29,306 26,350 1,379,155
Detroit Elec Ry.... 3d wk Nov 11,528 10,284
489,869
Detroit Ft. Wayne
4.39*
211,273
4,391
A Belle Isle...
3d wk Nov
Total of all
3d wk Nov 45,225 41,032 2,080,297
Det. Roch. Ro.A L.O. Ootober...
8,356
53,639
1,626
Duluth Sup. Tract. Ootober .
36,883
32,936
DuluthSt. Ry

&

.

—

321.453
138,857
69,617
6,075,886
592,275
22,531

. .

1,186,953

. .

103,539

.

186,481
1,794,113

.

Ootober...

27,10*3

'25,417

220,374
147.511
288,88b

4,366

3,993

43,465

21,438

22,317

August
October...

October

. .

Olean

Septem'er. 246,484 218,206
18,35»i 13,875
October...
5,022
4,508
July
5,814
4,913
October .
7,893
8,910
August
12,964 J1.541
Septem'er.
7,829
8,542
Septem'er.
9.756
8 973
August...
14,692 12,845
August... 644.018 613,385
October
134,518 146.367
1237586 1196811
June
Septem er. 161,526 146,185
October...
5.776
5,849
Ootober
6.920
7,640
October
8,385
8,845
Septem'er.
6,972
5,948
August.
53.006
Ootober
37,317 30",316
Septem'er.
8,450
7,599
Ootober
1,8,6
2,064
October..
3,75b
4,110

Ry. & Bridge
Philadelphia Comp'j
Pottsv'e Union Trao.
Railways Co. General
Richmond Traction.

October..
19,347
Ootober... 167,259
Septem'er. 13,483
October
16,90v
Septem'er. 20,727

(Buffalo)

Johnstown Pass. Ry. October...
Kingston City Ry....
Lebanon Val. St. Ry.
Lehigh Traction
LondonSt. Ry. (Can.)
Lorain St. Railway..
Lorain A Cleve
Los Angeles Tract..
Mass. Elec Co.'s
.

Metro.(Elev.)Chicago
Metrop.St. Ry.(N.Y.)
Montreal Street Ry..

Ry
Ry

St.
St.

New Castle Traction.
New London St. Rv.
Norfolk Ry. A Light
Northern Ohio Tract

Norwalk Tramway ..
Ogdensburg St. Ry..

St. Ry
Omaha & Coun. Blufi

Sacramento Electric

.

157.445
261,963

87,063

1,982,510 1,819,715
153,253
123,888
58,787
57,605
36,446
26,748
93,602
88,152

73,607

72,142
76 068
72.033
126,985 105,615
3,545,700 3,218,811

.

.

Gas A Ry
Ootober
32,833
Bcranton Railway... October... 48,781

21,372

Tear.

Tear.

9

9

Roads.

Sacramento Electric Gas
A Railway Co
Oct

8,926
80,435

Feb. 1 to Oct. 28....

7,108,431 6,520".686
1,345.509 1,259.22^
56.742
49.S96
76,275
84,029

116,045
50,o44
3 9.014
352,956
61,820
18,754
43,518

115,762
46,264
27*,042
298,912
57,738
19.171
39,198

201,035

177 33T

146810 1,996,909 1,474,825
11,896

109,5147

9d,567

15,905

156,910

128,178

29,861
51,407

308.421
456,053

268,595
427,451

.

Tear.

9.195
82,757

Tear.

5,462
42,073

8,980
72,085

ANNUAL REPORTS.
Annnal Reports.— The following

86.709
1,026,202
1,207.479
400,153

J

Easton Consol. Elec
Galveston City
Harrlsbur g Traction
Herkimer Mohawk II
ionAP'kfortEl.Ry.
Internat'l Traction—

Muscatine

Tear.

. .

Jan. 1 to Latest Date.

Newburg

Dale

. .

July 1 to Oct. 31....
Olean Street Ry
Oct.
Jan. 1 to Oct. 31
Omaha A Council Bluffs
Ry. A Bridge
..
Oct.

—

American

1 to Latest

OnltedP. ATransp.. Ootober
United Traction— ) Ootober... 114,419 108,302 1,106,889
1,052,555
Albany City J
166 881 149,179 1,579 675 1.394 732
United Traot. (Pitts.) Ootober
TTnlted Traot. (Prov.) October... 194,628 176,011 1,969,337 1,680,034
Wilm.AN.CastleElec Ootober
5,977
3,504
Worcester* Marl'b'h Septem'er.
6,960
51,380
7,414
53,551

.

Latest Gross Earnings.

Jan.

Current Previous

Our'nt
Tear.

~9~

The following table shows the gross earnings for the latest
period of all street railways from which we are able to obtain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads that is, the
first two columns of figures give the gross earnings for the
latest week or month, and the last two columns the earnings
for the calendar year from January 1 to and including suob
latest week or month.
STREET RAILWAYS AND TRACTION COMPANIE8.
Gross

.

turns,

After allowing for other inoome received.

Earnings.

)

,

is

an index to all annual
and miscellaneous

reports of steam railroads, street railways

companies which have been published since the last editions of the Investors' and Street Railway Supplements.
This index does not include reports in to-day's
Chronicle.
Railroads & Miscell. Companies. Railroads & miscbll. Co.'s— (Con.)
Volumt 71—
Page.
Volume 71—
Page.
Alabama* Vicksburg
912 Minneapolis & St. Louis
907, 918
Amerioan Cotton Oil
1011, 1019
American Malting
lOll
American Soda Fountain
„!.!.1005
American Typefounders
881
American Window Glass
912
Ann Arbor
fc56
Atlanta Knoxville & Northern
908
Haltimore & Ohio
907, 916
Bangor & Aroostook
857
Buffalo Gas
1066
Central

Vermont

Chicago & Alton Ry. ..statemtnt
Stock Exchange
Oincln.

New Orl. & Texas

857
to

1021
Pacific." 908

Consolidated Lake Superior

912
061

Detroit* Mackinac
Distilling Co. of

America

bal.

Htieetiof pro d. companies
Edison lectrlc 111. of Boston
Fitchburg
General Klectric (7monthsl
Georgia Southern* Florida
Indiana Decatur * Western

962
91*
909
1011
909
909
Iowa Central
858
Kanawha & Michigan
Hf9
Kansas City Ft. Scott & Memphis. 858
Kansas City Memphis & Birrn
910
Kings Co. Ml. L. & P.. Brooklyn Ed.
ba sheet
862
Lehigh & Hudson River
961
Maine Central
910
Manbatt n Ry
1010
.

Mergenthaler Linotype

fc6^

Nat. Salt...6a(. sheet Sept. SO, 1900. 862

New

Orleans

Northern

*

Northeastern

910

Pacific. ...report of voting

1016
Oregon RR. & Navigation
960
Oregon Short Line
961
Pacific Coast
1010, 1018
Pittsbu g & Western
1009
Portland & Rumford Falls
911
Pullman Co
862
Rio Grande Western
1064, 1071
8t. Joseph & Grand Island
859
Santa Fe Prescott * Phoenix
869
Shawmut Oil
962
Texas Central
860
Toledo* Ohio Central
860
Toledo Peoria & Western
961
Torrington Co
912
Trow Directory Pr. & Bookb. Co... 962
Union Paciac
960,966
United Fruir
1011,1020
Vicksburg Shreveport & Pacific... 911
Welsbach lnctxasl Co Lim.,of Can. 963
Western N. Y. & Penn
i064
Westinghouse Air Brake
862
West Virginia Central * Pittsburg 860
trustees

Street Railways.

Volume 71—
American Rys. .14 mos. to June
1900

1065

Massachusetts Elec.
ending

Page.
30,

.sept. 30,

Co.'s... period
1064, 1072

1900

Sherman Shreveport & Southern Ry.
{Statement for year ending June 30, 1900.
The income accounts for the years ending June 30 follow
Gross earnings
Operating expenses

Net earnings

:

18t9-00.

1898-99.

$393,033
314,929

$405,490
257,064

$83,104 $148,428

J

THE CHRONICLE.

1L16

1899-00.
$89,396
Total net income (adding other income)
Interest npon the outstanding bonds. [The $2,000,000 bonds pledged as collateral security for the
M. K. & T. first mortgage bear no interest unless
58,048
theM K. & T. defaults on its coupons]

Surplus for year
Total surplus on June 30 (end of year)

$31,348
$201,746

1898-99.
152,51?

35,000

$97,517
$170,397

[Vol. LXil,

the Atlantic Coast line, we will hereafter participate in the
important business of that city. The re location of 10 miles
of the old Petersburg RR, was completed on Jan. 3, 1900.
The new line saves one mile of distance and 537 degrees of
curvature. It has been decided to expend $40,000 more in
straightening another section of the same road, which will

remove two reverse curves.
Georgia RR. The result of the first year's half lease of the
Georgia RR. has been most satisfactory. Our freight to and
from its local territory and territory reached over it has

The 30 miles c f railway effecting the connection between
the Sherman Sbreveport & Southern Railway and the Queen
steadily increased, and the net earnings of the Georgia RR
<fc Crescent System at Shreveport, La., have been completed,
has
and the S. S. & S. Ry. is now operaling about 201 miles of Thisbeen more than sufficient to pay the total lease money.
is very much better than we had anticipated.
The surroad. The wisdom of making this extension is apparent in
plus earninss of the Georgia RR. over and above the lease
the largely increased earnings for the two months (Septemmonev was $9 070, one half of which goes to the Louisville &
ber and October) during which the completed road has been
Nashville Ralroad Company and the other half to this comSeptember,
viz
agaiost
operation,
in
1900
$64,244
in full
pany.
$36,830 in 1899 October, $89,811 in 1900 against $46,342 in
Union Stations.— A joint passenger station with the South1899.— V. 70, p. 329.
ern Ry. is now in course of erection at Columbia, S. C.
Union passenger stations at Augusta and Charleston, it is
Atlantic Coast Line Railroad.
hoped, will be completed within the next twelve month".
New Cars. The increased tonnage has made such an in(Report for the year ending June 30, 1900.
creased demand for cars that it was necessary to place orders
for both freight and passenger cars with outside companies
President W. G. Elliott ssys:
Mileage. — On April 21, 1900, the consolidation of the Wil- during the closing ye^r. Including cars built at our own
mington & Weldon RR., the Norfolk & Carolina RR. and the shops by Dec. 1, 1900, there will have b en added over 1,000
Atlantic Coast Line RR. of South Carolina with this com- freight cars, 11 coaches and 13 locomotives to the equipment,
pany was consummated, and on May 1, 1900, this company all of which will be paid for by charges to operating exassumed control of the roads consolidated, making the en- penses.
General Manager J. R. Kenly says:
tire mileage ooerated by this company 1,759 miles, located in
General Results. Consolidating the receipts and operating
the States of Tirginia, North Carolina and South Carolina.
Stock and Bonds.— Under the plan approved April 19, 1900, expenses of last year of the four roads which now form the
the capital stock of this company to the amount of $33,280,500 consolidated company, the comparison shows: Gross rewas delivered to the Safe Deposit & Trnst Co. of Baltimore, ceipts increased, $1,360,287; operating expenses increased,
as financial agent, to be exchanged with the holders of the $750,304; net receipts increased, $609,984. The tonB carried
outstanding stock of the several companies consolidated with one mile increased 33-9 per ctnt, while the freight train milethis company, as well as with the holders of the Class B stock age increased only 18-6 per cent. The passengers carried one
of this company then outstanding, and to pay the stock divi- mile decreased 2'4 per cent, but the passenger train mileage
The remarkable business
dend declared in favor of the holders of Class A stock of this was increased 8'4 per cent.
company, and such exchange and payments have been prac- activity throughout the country during the year caused a
tically completed, so that the stock thus delivered, together large increase in the cost of labor and materials used by the
with the $1,000,000 of Class A stock still outstanding, makes company. The increase in the operating expenses is largely
the total stock issued and outstanding $34,280,500, of which due to that cause.
Maintenance, Equipment, Etc. The General Manager sup$15,890,200 is common and $18,390,300 is preferred.
The entire funded debt, including the moitgage bonds, as- plies the following data:
sumed under the terms of the consolidation, amounts to $18,There were laid 8,091 tons, equal to 73-7 miles of new 70 lb. steel
546,500. The certificates of indebtedness, to the amount of $3,- rail. The main line, from Richmond to Charleston, via Short Cut Division, and from Florence to Bobbins, is now laid with 70-lb. steel rail;
000,000, authorized in exchange for the preferred stock of the there is also 29-77 miles of 70-lb. steel rail laid in the main line of the
of
South
RR.
Co.
Carolina
Line
and
for
other
Atlantic Coast
Norfolk Division; 288 miles of 70-lb. relaying rail was laid between
purposes, were also delivered to the financial agent, and that Dunlop and Petersburg, releasing 56-lb. steel rail.
There were built 22-87 miles of new side tracks, a net increase of
exchange has been completed. In addition this company, 18-18
miles, of which 10-67 miles for industrial plants.
under the terms of the consolidation, assumed the $2,500,000
The number of cross ties used for renewals of main traok was 517,in certificates of indebtedness and $330,000 in special trust 805; do. side track, 25,092; do. new side tracks, 51,468; ballast used
certificates, also theretofore issued by the Wilmington & 40,792 cubic yards.
At the end of the year the company had 189 locomotives, 173 pasWeldon RR. Co., so that this company now has outstanding senger
oars, 5,620 freight cars. All of the locomotives and passenger
of
indebtedness
and
special
certificates
trust cer- cars were equipped with automatic couplers and air brakes. All of
$5,880,000 in
The funded debt and certificates of indebtedness the freight cars, with the exception of the logging care, which are extificates.
empted by law, were equipped with automatic oouplers; 746 per cent
and special trust certificates above referred to, together of
the freight oars, not Including log cars, were equipped with air
amount in the aggregate to $24,426,500; the annual interest on brakes.
the same is $1,186,835. Add to this $37,276 to cover the rental
Additions.— Included in operating expenses are the followof leased roads, and it makes the total fixed charges $1,224,- ing charges, aggregating
$812,874, for additions and better111.
ments:
Additions and Improvements. The report of the General
New locomotives, $143,000; passenger care, $112,400; freight oars,
Manager shows that the entire property has been maintained $175,00^; rail s, in addition
to monthly charges, $65,030; side tracks,
that
the
improvements, exten- $79,411; buildings and fixtures, $159,510; bridges, culverts and filling
in a substantial manner, and
sions and additions made have all been of a substantial and trestles, $3,012; shop transfer and Improvements. $36,913; new steel
turntable and traok scales, $3,627; total, $812,874.
permanent nature.
Statistics.— The results of operations have been as below,
Tax Litiaation.—The last report of the Wilmington
Weldon RR. (V. 69, p. 1297) stated that the U. S. Circuit the statistics of the different roads in the system being conCourt had made permanent the injunction to prevent the solidated for 1898-9.
State of North Carolina from increasing the assessment of
OPERATIONS, EARNINGS AND EXPENSES.
the road from $10,C00 to $25,000 per mile. This situation
1898 99.
189900.
was chaegtd after tnat report was filed, and upon a re-hear- Road operated June 30
1,690
1,759
ing of the case the Federal Court adopted the decision of the
Operations—
State Supreme Court as to the validity of the Act of the Cor- Passengers carried
1,269,602
66,197,336
64,591,778
poration Commission of North Carolina in making the as- Passengers carried one mile
3,069,790
sessment, and rescinded the injunction; the case is still pend- Freight (tons) carried
279,323,495
374,16~,8 *<j
Freight (tons) carried one mile
ing.
In July, 190D, the Corporation Commission of North Locomotives and dummies
189
assessment
on all our properties Passenger cars, all kinds
Carolina adopted the same
173
5,620
that has been fixed by them for the year 1899, and our Freight cars, all kinds
Earnings—
$
company promptly obtained from the Federal Court a fur4,099,408
5,245,307
ther injunction enjoining the collection of the taxes upon Freight
1.3S2.379
1,529.219
Passengers
that assessment. In this case, as in the former one, the Mail
27^.3-4
2S6.601
176.002
167,147
taxes were paid upon the assessment of 1898 pending the liti- Express
:

;

—

—

—

—

&

,

348,472
Miscellaneous
gation.
First Vice-President H. Walters says in part:
7,586,746
Total earnings
Extensions.— An extension of the old Manchester
Expenses
1,143,671
Augusta RR. in South Carolina of 34-71 miles, from Den- Maintenance of way, &c
938,332
mark to Robbins, was completed and opened for freight Maintenance of equipment
2,023,395
Conducting transportation
business on Nov. 1 and for passenger business on Dec. 1, General
20::, 151
expenses
1899. On Nov. 1, 1899, there also became effective a trackage
4,311,599
Western CaroTotal
contract entered into with the Charleston
3,275,147
lina Ry. Co., covering 28-8 miles of its road from Robbins to Net earnings
Augusta, whereby our trains, both freight and passenger,
INCOME ACCOUNT 189900.
were xun solid into and out of Augusta, thus making the Atpoint.
initial
line
aWthat
an
lantic Coast Line
Deduct—
Receipts—
$
An extension of the Southeastern RR. in North Carolina, Net earnings as above... 3, '.27 5, 147 Taxes
131,012 Intereston bonds
from Ashpole to Boardman, a distance of 10 miles, was com- Otherincome
Rent Central RR
pleted and opened for business June 11, 1900. The stockMiscellaneous
of
RR.
Co.
South Carolina
holders of the North Western
Total
3,406,159
Total
decided to extend their road to Camden, and their line is
open to that point, and as that company works closely with Surplue

&

&

290,285

6,226,458

—

972.817
677,510
1,729.432
181,536
3,561,295
2,665,163

$

257.205
964.277
31.0C0
1,271
1,253.753
.2,152,406

J

:

December

1,

1900.

THE CHRONICLE.

|

Receipts and disbursements of Atlantic Coast Line RR.
Co., fcr the two months (since consolidation) to June 30, 19u0,
were as follows
Receipts—
Disbursements
$
$
Balance current assets
Disbursements since
reo'd fr'm the several
consolidation
1,440,299
roads on May 1, 1900. 1,983,804 Real estate bought
24,729
Earnings and Income
Faia for railroads pursince consolidation... 1,409,706
chased
46,843,177
Real estate sold
6,620 Organizing expenses...
51,714
Common stock issued. .12,890,200 Issued to stockholders
Preferred stock issued.. 18, 890,300
of A. C. L. RK. Co. of
Oert. of indebt. issued.. 3,000,000
Virginia, oapltal st' ok 6,000,000
Debts assumed of Nor.
Current assets June 30,
& Oar. bonds
1,720,000
1900
2,438,711
Wilm. &. Weldon bonds. 6,700,000
A. O. L. RR. Co. of S. C.
bonds
7,818,000
Wilm. & Wei. RR. cert.
of indebtedness
2,880,000

—

Total
Assets

—

56,798,630

Total

56,798,640

BALANCE SHEET june

30, 1900.
Liabilities
$
Stock, common
15,890,200
Stock, preferred
18,390,b00
Certincates of indebt-

$

Constructs, equip., &o.58,612,926

Investments— A. C. L.
sleeping car stock,
$134,204; south Car.
State bonds, $16,000;
North East. RR. b'ds,
$37,000; A. C. L. RR.
Co.ofS.C. b'nds.$9o,000; Ashley River
Phosp. Branch, $35,506; Augusta Belt Ry.
Co. stook, $82,276;
Milledgev. RR., $23,'219; A. C. L<ne Termi-

—
&

edness W.
cent

W., 7 per
2,5C0,C00

of indebt-

Certiticates

edness W.&W.,special
trust 6 per cent

percent

3,000,000

Funded debt

Due
Due

to

076;Lex.Ter.Ry.Co.,
$3,32 3
Nor. & Pinners Point Belt Line,
$6,200; Hotel prop'y,
and
miscellaneous,

18,546500

employes.,

to railroads
others

196,352

and

Accounts payable
Interest coupons not
paid
Interest on certificates
of indebtedness not

;

$146.787
Cash for coupons
Cash on hand

560,592
309,177
319,131
Bills receivable
832
Due by agents
167,542
Due by RRs. & others.. 3,545, 868

paid
payable

Bills

Profit

and

loss

343,036
4,375
178,293
2,344,637

:

renewals, has been charged against tue contingent account. The
road-bed, rolling-stock, buildings and other property have been efficiently maintained. The increase in the business duriDg the year has

been most satisfactory.

Chamblt Contract—A

fireproof addition has been built to the
power-house, to aooommodate a portion of the new electrically-driven plant required in oonneotion with the contract entered
into with the Chambly Manufacturing Co. for additional power, which
contract was ratified at a meeting of shareholders held on July 9, 1900.
Rolling Stock, Etc.—The rolling-stock has been increased during
the past year by the addition of 56 closed motor cars, 45 open motor
cars, l stores oar with equipment, 7 supply cars, (-0 trucks, and the
electrical equipments for the cars have been increased by 128 motors
and 83 controllers. There are at present under construction in the
company's shops 6 extra long closed motor cars, mounted on double
trucks, making in all 25 cars of this new type, which will be available
for service during the coming winter.
he feeder wire system, for the parpose of distributing power to the
.,J
different sections of the line, has been largely added to and increased
in capacity, and the results obtained have been most beneficial. The
system of cast-welding rail joints has been continued and extended,
the experience obtained during the past two years fully iustif > ing the
8t.

expense inourred.

Taxes —During the past year the company has paid to the city of
Montreal the following amounts: Tax on earnings and other taxes,
$84,424; on account of snow oleaaing, $84,256 total, $168,680. The
interpretation of the section of the contract respecting the snow
;

clearing has been referred to the courts, and a decision in the matter
is expected at an early date.

Results for four years were as below given.
1899 00.
1898-99.
1897-98.
1896-97.
Passengers carried.. 43,3^2,262 40,186,493 P5.353.036 32,047.317
Transfers
13,194,974 12,060,857 10,508,603
8,765,903
Gross receipts
$1,769,905 $1,660,776 $1,471,940 $1,342,368
Operating expenses.
992,925
912,950
764,884
736,429
(55-23)

(5215)

(55-05)

Net earnings
Fixed charges
Dividends
Contingent fund

$776,980
$129,732
512,f 00
50,000

$747,826
$116,955
478,333
f 0,000

„ Total
Surplus

$692,232
$84,747

$645,288
$102,538

$3,162,843
2,555,3b5

Capital stock, paid up.. $5, 497,055

Assets

—

Liabilities

Equipment, etc
.
Real estate and buildings
Stores

Accounts receivable ...
Cash in bank and on

hand
Cash on deposit with
city of

Montreal

Total assets.
p 584.

-V. 70,

$707,035
$105,351
462,917

$605,939
$98,083
368,333

$568,263
$466,416
$138,787
$139,523
FINANCIAL STATEMENT YEAK ENDED- SEPT 30, 1900.

Construction, etc

—

Bonds
Mortgages
1,557,785 Accounts and wages...
48.256 Interest on bonds
43,398 Tax on earnings
178,317

Eoiployes' securities...
Unclaimed dividends..

Unredeemed
25,000

.$7,570,965

of incorporation

:

Authorized capital stock, all outstanding, $75,000,liability; par value of shares $100 each.
Registrar, Central Co., New York; Transfer Agent. National City Bank, New York, and!company's office. Jersey
FiveconCity. The company has no bonded indebtedness.
secutive quarterly dividends of 2 per cent each, beginning in
October, 1899, have been paid.
"The stocks of the following companies are owned wholly
(excepting organizers' shares) by this company
Jersey.

000;

no personal

:

Capital stock.

Washoe Copper

$5,000,000
Montana.
2,500,000
Colorado Sineltine & Mining Co., Butte, Mont
1,500.000
Diamond Coal & Coke Co, Diamond* ille, Wyo
Big Black Foot Milling Co., Bonner, Mont
700,000
" A majority of the stock of the following companies is

owned by

Co.. Butte,

company

this

:

Anaconda Copper Mining Co., Butte, Mont
$30,000,000
Parrot Silver & Copper Co., Butte, Mont.
2,298, 5< O
Hennessy Mercantile Co., Butte and Anaconda, Mont
1,500,000
"This company is a large owner of the stock of the Boston
& Montana Consolidated Copper & Silver Mining Company,

"There

is

no bonded debt on any of the above-named

companies.

Wm,

G.
"Officers: Henry H. Rogers, Vice-President;
Rockefeller, Secretary and Treasurer; Percival J. Mcintosh,
Assistant Treasurer.
" Directors Henry H. Rogers,
G-. Rockefeller, James
Stillman, Albert C. Burrayre, F. P. Olcott, Robert Bacon, A.

Wm.

:

71, p. 1068.

63,516,067

{Report for the year ended Sept. 30, 1900
President L. J. Forget savs
General Resolts.—The year's business shows a net profit of $647,247, as compared with $630,871 for the previous year, out of this
amount four quarterly dividends of 2^ percent each have been declared, amounting in all to $512,500, leaving a surplus of $134,747, of
which amount the sum of $50,000 has been added to the contingent
account and the balance $34,747— has been added to the surplus account. An amount of $27,092. expended during the year on special

(56-34)

from the certificate
and the by-laws, only the following
" Incorporated April 27, 1899, under the laws of New

brief, containing, in addition to extracts

Bay State Gas— Boston Gas Companies.

Total

Montreal Street Railway.

P. c. of oyer, expenses
to car earnings

1117

located at Butte, Mont.
1,708.268
34,107

-V. 71, p. 1066.

William

:

Amalgamated Copper Co.
(Official Statement to New York Stock Exchange.)
The company's! $75,000,000 of capital stock was admitted
last week to the unlisted department of the New York Stock
Exchange. The statement to the Exchange is extremely

R. Flower. "-V.

.63,516,067

J

Capital slock

380,000

Certificates of indebtedness A. C. L. RR., 4

nal Co.— Aug'sta $36,-

Total

J

,

tickets

Suspense aocounts
Dividend Nov., 1900...
Contingent account
8urplus
Total liabilities

973,^33
6,035
69,583
5,150
85,032
7,119
1.937
16,942
49,053
135,000
161,533
560,319
$7,570,965

(Statement for the year ending June 80, 1900.
The annual statement of the Boston gas companies to the
Massachusetts Gas Commissioners, as given by the Boston
press

some weeks ago, compares as follows:
^Qross Ear Hngs-

1899-00.
$
Bay State Gas 586,755
Boston
1,092,701
Dorchester... 931,462
Roxhury
233,145

Earnings.—

Dh-.idends.

1899-CO.

Surplus.
1889-00.
$
def. 16,873
19,345
2U.826

611,910
1,060,101
218,674
22o.f42
114,010

1898-9.
?
243.861
289,575
42.521
45,229
20,790

210.000
287,500
46,764
45,000
28,600

785,590

2,230,237
723,573

610.0S2
321,826

641,976
3)7,310

617,864
200,000

not Inciu'd

total.3,048, 184

2.953,810

961,878

949,286

817,864

22,188

South Boston.
Total
Brookline

Grand

i— Net

1899-00.
$
193.127
806,845
73.690
45.743
20.747

1

18,561

2,2 2,624

1898-9.

*

743
def, 7,853

22.188

For the year 1896-97 the statement, with balance sheets,
was in V. 65. p. 1112.
The position of the first and second mortgage Boston
United Gas Co. is deduced as follows from the foregoing
data, but the plans of the New England Gas & Coke Co. for
the use by the sub companies of the gas produced by it from
coke must b^ taken into account in connection therewith (see
Investors' Supplement, Bay State Gas, page 174; New England Gas & Coke Co., page 167, and references to Chronicle).
Dividends paid by operating companies 1899-1900
Net surplus after dividend

$817,864
22,188

Total net income
Deduct—
Dividend on Brookllne shares
Interest on $8,500,000 Boston United Gas
Sinking fund for first mortgage bonds

$840,052
tirst

mtge. 5s

Balance
5 percent on $3,000,000 2ds

$125,052
150,000
$24,948

Deficit
-V. 71, p. 391.

Carter

$200,000
425,000
90,000

Crnme Company, Limited.

(Report for the year ended Sept.

30, 1900.

President Robert Kilgour, at the annual meeting, said

We have, in common with other

industrial companies, participated
in the general prosperity which both the United States and Canada
have enjoyed during the past year, and the increased earnings have
enabled us to nay not only the regular dividends upon the preferred
stook, and make substantial contributions to reserve accounts, but
also to pay dividends aggregating 5 per cent upon the common stook.
The sales show an increase over the last fiscal year of the old company of 11 per cent, and the profits show a greater increase, notwithstanding an advance in the cost of raw materials. All the preliminary
expenses have been written off through the profit and loss account.
The losses from bad debts have amounted to less than one-fifth of one
per cent of the sales. The orders on hand at the ent of the year were
for a total of 7,3(0,953 books, an increase of 910,155 books compared
with the beginning of the year.

Aoting upon the authority given by the stockholders supplementary
letters patent were obtained, empowering the company to purchase,
with funds of the company available for the purpose, and with the
consent of the holders, for cancellation, its own preference shares.
During the present month 250 stiares have been purchased on the
Toronto Stock Exchange, at *102 per share, under this authority.

Vice-President J.

Commencing

W.

FJavelle said:

in a very small way in Canada in 1882, and in the
United States in 1884, the business has advanced rapidly each year,
until its transactions now involve dealings with over 10,000 customers in a single year, while its offshoots have been firmly and profitably established in London, Berlin and Australia. The increase in
business has been participated in by each of the three factories in

J

2

THE CHRONICLE.

1118

is interested, viz.: Toronto, Niagara Falls and
Caltfornia factories. During the year we have Increased our manufacturing plant with machinery that adds nearly 10 per cent to our
capacity. We have also acquired the patents upon a maonine which
will, we believe, enable ua to cheapen the cost of production of some
of our books.
•

Iron Steamboat Company.
(Report for the year ending Oct. 31, 1900 J

which the company

The

earnings, balancs sheet, etc., follow:
Net earnings for the year
$170,952
Deductions—
Quarterly dividends paid on preferred stock, Nob. 1, 2 and 3,
at rate of 7 p. c. per annum
$39,375
Do
31,250
do on common stock, Nos. 1 and 2
Reserved for div. on pref. and com. stock, payable Oct. 1
28,750
Reserved for div. on common stock, payable Nov. 1 (bringing
the amount paid on this stock up to 5 per cent for the year)
15,625
Carried to the reserve fund (being $10,000 in excess of the
amount required by the company's charter)
35,000
Carried to real estate and plant reserve
12,500
Amount expended in purohase of new patents
3,500

—

$166,000
$4,951

Total deductions

Balance surplus carried forward

BALANCE SHEET SEPT. 30, 1900.
Assets
Real estate plant, stock in trade, patents, good-will/investments, eto
$1,969,421
Aocounts receivable (all losses fully provided for)
37,569
Bills receivable
2,417
Cash at bankers andin hand
56,893

—

Total
Liabilities

$2,116,300

—

weather, which enabled us to earn gross receipts from charters, ticket
and privileges of $217,181, against expenses of $199,759. Looking back to the time when we assumed the management, when the
fare to Coney Island was double the present rate, when our boats
were at their best and the Etrolley line to the sea unknown, we had
that the receipts then for the season were over $100,000 more per
annum than of late years; but, while the present directors have expended for repairs on steamers {during their existence on an average
about 50 per cent per year more than than the former executives did
in 1892, we have nevertheless reduced expenses in various directions,
without prejudice to theproperty or to its patrons, to over $138,072 per
annum during the past year in comparison with 18S2.
Your executive officers entered into an arrangement last June with
the New Jersey Navigation Co. for a joint operation of the Ocean
Route to Long Branch. N. J., whereby the Iron Steamboat Co. was
benefited to the round sum of $19,754, so that we hold to-day in the
bank $39,775, against an amount owing by tbe company of $682.
This leaves hardly 75 per cent of the money required before a new
season opens, and that wirhout figuring a very large amount required
to put our boats into a condition of usefulness. One of our steamers
is badly in need of new boilers, etc., and others will require similar
outlays very soon. The state of affairs answers the many inquiries in
regard to a dividend on our stock.
sales

The financial statement of Oct. 31 shows: Cash on hand,
$39,775; sinking fund, 114 first mortgage bonds at par,
capital stock Long Branch Pier Co. at 50 per cent,
$57,000
amounts due company on open accounts, $450 Oa$3,000
cawanna Mand, cost $19,000; boiler, etc., plant, $3,214;
less amounts due by company,
total cash assets, $122,439
182; balance, $121,757.
The receipts and disbursements for the years ending Oct.
31 in 1900, 1899, 1898, 1897 and 1892 were
;

;

. .

Dividend accountPreferred dividend No. 4, 1% p. c, payable Oot. 1
Common dividend No. 3, 1^4 p. c , payable Oot. 1
Do
do
No. 4, 1H p. c, payable Nov. 1
Surplus
..........

Total

13,125
15,625
15,625
4,951

$2,116,300

The directors are: Robert Kilgour, J. W. Flavelle, W. E. H. Massey.
Hon. W. Caryl Ely, A. E Ames, James L. Morrison, Hon. C H. Duell
and S. J. Moore. As to the organization, etc., of company, see V. 69,
p. «47.

;

:

1900.

1899.

1898.

(Report for year ended Oct.

236,935

224,152

190,646 243,794 320,774

48,910
23,721
15,381
Terminal charges
27,651
Interest
3,259
Loss and damage
Op. exp. and miscell's. 80,837

51,345
23.670
12,490
28.945
1,505
84,543

47,689
27,689
17,477
28,043
3,055
79,859

199,759 202,498
37,176 sr.21,654

203,812
13,166

154,111
50,039
1,000
11,825
19,961

Privileges...

Miscellaneous
Total

Rentals

The report of President John Hately as reported in the
" Chicago Inter-Ocean" said in part:

We
It is my unpleasant function to submit the annual report.
slaughtered during the first six months of the year 258,679 hogs, cost.
$3,3*9,795; during the second six months a total of 133,197 hoge,
cost, $1,801,754; total for year 391,876 hogs, averaging 279 pounds;
price, $4 < 9; total cost, $5,131,549.
It is well known that the paoking business for

some time past of

those companies that only pack hogs has been extremely poor. After
our last annual meeting the management oast about to improve the
business. It was concluded best t sell as muoh as possible direct to
retail dealers. With that end in view the sausage-room was enlarged,
a refinery for lard was put in, and a butterine factory added to the
prope ty, and greater efforts were made to cure meats for the purpose
>

of smoking.

The management thought

beet to go into the beef business, at
found that the company could not
keep its business without being able in many instances to supply to
its trade fresh beef. We received what the management regarded as
a very favorable opportunity to acquire a large and valuable plant at
Sioux City, which embraces about twelve acres and buildings and
improvements which would cost to replaoe about $500,000. These
the Sioux City Stock Yards Co. agreed to convey in fee simple to this
company under what is known as a ten-year operating contract—that
Is to sav, the company was to operate the plant under certain conditions for that period, at the end of which time the property will
become absolutely that of this company. In addition, the Sioux City
Stock Yards Co. and the Citizens of Sioux City contributed $150,000,
which was used toward improving the plant. To that amount this
company added $60,00<\ so that there has been expended on the Sioux
City plant by this company and for its benefit $2 10,000.
It

least on a small scale, because they

Competition in our line has been extremely keen at all important
The older and stronger houses with their numerous branoh
houses, wnich this company does not posses*, and with their greater
capital and consequent ability to out prices, have obs ructed our
business and development. The most conservative management has
been maintained and every economy introduced, but all of this has
been fruitless. The necessary improvements and the losses sustained
have so reduced our working capital as to render it impossible to
operate both our Chicago and sioux City plants.
The question now arises and is submitted to you to determine what
course shall be pursued. Is it desirable to attempt to raise more
money, and, if so, what course shall be pursued for lint purpose, or is
It pref ei able that the company should go into liquidation!
The Sioux
City plant is a valuable one, and in order to comply with the contract
under which the property was acquired, it is necessary that the plant
should be operated. There are being killed there a daily average of
about 700 hogs.
The management are themselves largely Interested as debentureholders and share-holders of the company, and have therefore a great
personal interest in tbe company.
points.

The results from operating, without deduction for interest
on debentures, have been as follows for the fiscal years:
1899-00,1088...
1898-99, profit

$343,fi04

I

148,133

|

1897-98, loss
1896-97, profit

$68,147
150,985

BALANCE SHEET.
Liabilities—

AssetsPlant, etc., at Chicago..$3,892,045
Equitj Sioux City plant
121,51

Common stock

*621,8P8
13.000
12,946
408, 08
330,542
74,031
359,887

Debentures
t Bills payable
Taxes, eto

Stooks and bonds
Horses, wagons, etc....
Insurance, eto

Merchandise
Bills, etc., receivable...

Cash

and

Total

loss, deflolt..

$5,834,539

Fref. 8 p.

o.

stook

Total

$
$
132.347 138,657
37,265
46,665

sur.

Defioit
*

64,707
52,052
50,140
50,f06
55,635
29,618
27,945
28.204
10,702
2,357
82,709 123,700

245,748
1,954

337,832
17,057

Includes Dewey Celebration and International Yacht races.
69, p. 1246.

—V.

National Salt Company.

New York Stock Exchange. J
The company's shares, common and preferred, were admitted to dealings on the unlisted department of the New
York Stock Exchange on Sept. 13, when the following facts
(Official

Statement to

were made public:
Organization. -Incorporated March 18,1899, under the laws of
Jersey Authorized capital, all outstanding: Preferred 7 per

New

of
cent non-cumulative, $5,000,<jOO; common, $7,000,000; par value
States
shares, $100 eaob, no personal liability. Registrar, United
Mortgage & Trust Co., New York. Transfer Agent, Registrar & Transmortfer Co New York. Bonded debt. Hutchinson-Kansas Salt Co.
gage due Jan. 1, 1912; $300,000 outstanding.
Business.— The company manufactures, purchases and sells evaporabout
ated salt. The estimated amount handled by it annually is
10,000,000 barrels of 280 pounds each, of which about 4,8oO,uuu
about
barrels are produced at the plants owned by this company, and
are
5,150,000 barrels are purchased. These 10.000.u0o barrels ot saltviz
produced in the following localities, approximately as following,
4,b50,000;
New Yoik, 2,250,000 barrels; Ohio, 1,400,000; Michigan,
Kansas. 1,350,000; Texas, 350,000. This total output represents
the
more than 90 per cent of the evaporated salt manufactured incomoomp+ny
The
Mountains.
Rocky
the
cast
of
States
United
P™Pfrttee.
menced business April 1, 1899, bv acquiring the New York
ana
In October, 1899. the Ohio and Michigan interests were aoquirefl, ana
Kansas
in January, 1900, this company acquired control of the
,

:

Texas plants.
BY NATIONAL SALT CO.
(1) LOCATION OF "PROPERTIES OWNED"
Pl'tNo. 1, Warsaw, V. Y.
Guinlock
N.
Y.
Cayuga Plant, Lansing,
Guinlock Pit No. 2, Warsaw. N. Y.
Ithaca Plant, Ithaoa, N. Y.
Warsaw Plant, Warsaw. N. i.
Glen Plant, Rending, N. Y.
Perry Plant, Perry, S. Y.

Kerr Plant, Rock Glen, N. Y.
Yorkshire Plant. Warsaw, N. Y
Empire Plant, Warsaw, N. Y.

V

Pearl Plant, Pearl Creek, N.
Pavilion Plant, Pavilion, N. Y.
Le Roy Plant. Le Roy, N. Y.
Morton Plant. Wyandotte. Mich.
Eddy Plant, Saginaw, Michigan.

Hawley Plant, Warsaw, N. Y.
COMPANIES" Owned
(2) STATEMENT OF STOCK OF "CONSTITUENT
BY NATIONAL SALT CO.:

United
United Salt Co.-All of the issued capital stock of the
plants loonted at
Salt Co., an Ohio corporation, which owns three
plant at
Cleveland, Ohio, one plant located at Pomeroy, Ohio, one Ohio
Akron, Ohio, and leases four plants located in Meigs County,
HutchinHutchinson Kansas Salt Co.-All of the capital stook of the of $100
value
son Kansas Salt Co., consisting of 2.000 shares of the par
each. Plants located &c Hutchinson, Kansas.
1 «t«mi«
Lone
the
of m
Lone Star Salt Oo.-l,326 shares of the capital stocktotal
o :i.tȣ0
a
out
of
each,
of
$100
value
par
the
of
Star Salt Co
Colorado,.Texas.
shares. Plants located at Grard Saline. Texas. and
of the Wal
stock
capital
-36
of
the
shares
Association
Salt
Walton
each, out or a
$100
of
value
par
of
the
Limited,
Association,
ton Salt
Mionigan.
total of 400 shares. Plant located at Algonac,
,

$1,000,000
1,500.000
*2, 438.000
840,724
55,815

Location of "Plants Leased" bt National Salt Oo
Tecumseh Salt Co., Ecorse, Mloh.
Miller Salt Co., Warsaw, N. Y.
Mnine City Stave Co., Marine
Gry^al Salt Co.. Salt Vale, N. Y.
City. Mloh.
Y.
N.
York Salt Co.. York,
Bros., St. Clair, Mick.
(3)

Castile, N. Y.
Salt Co., Mt. Morris,

O iBtile Salt Co.,

Total

$

1,000
12,025
*32,115

$

Pay-rolls

13, 1900.

1892.

1897.

$
176,693 222,802
52,787
35 062
27,456
16,760
3,567
17,525
14,200
11,050
204
1,079
1U7

Receipts—
Ticket sales
Charters
Rentals

Disbursements—

International Packing Company.

$5,834,539

Included with the outstanding debentures are $761,000 purchased
during the year 1*99-00. These are inoluded also among the bonds
owned, t Since reduced to $560,000.— V. 71, p. 965, 915.
*

Uriah Herrmann, Chairman of execntive committee, says
During the season of 1900 we were favored with continuous warm

;

Preference shares
$750,000
Common shares
1,250,000
Accounts payable, inoluding wages & all accrued charges..
19,474
Reserve fund ($iO,000in excess of charter requirements)
35,000
Reserve account against real estate and plant
12,500
-.

Profit

[Vol. LXXI.

Thomson

,

Hutchirson Paoking Co., HutchinL tokawanna
son. Kansas.
,„
N. Y.
Anchor Salt Co., Ludlngton.Mloh.
Royal Salt Co., Mt. Morris, N. Y.
in any one year during
The maximum amount of annual rentals dueLeaaes
aggregating an
the llf^of leases now in force is $130,000.
.

——

—

:

December

1,

THE CHRONICLE.

1900.]

annual rental of $88,000 contain a provision whereby they
canceled on six months' notice.

may

be

Rights of Preferred Stock.—The articles of incorporation provide as follows: "The power to fix the amount to be reserved as working oapltal for the corporation is vested in tlie directors, and the right
to dividends from proilta shall be subject thereto. The preferred stock
shall receive dividends at. the rate of and not exceeding 7 per cent in
each year from April 15, 1899, but such dividends shall not be cumu
lative, and if the net earnings of any year declarable as dividends
shall not be sufflolent to pay for such year 7 per cent upon said preferred stock, the same shall not be made up from any profits of any
later period. The balance of the net pronts of the company declarable
as dividends shall be distributed among the holders of the common
stock. The par value of the preferred stock shall, in the event of the
dissolution of the company and division of its assets, be paid in full
before any sum whatever shall be paid in liquidation on account of the
common stock, and thereafter the common stook shall be entitled to
the entire assets remaining. No mortgage shall be created or assumed
by the company unless there shall be first obtained the consent in
writing of the holders of 75 per cent of the preferred stock outstanding at the time and also the like consent of 75 per cent of the outstanding common stock. At no time shall the total amount of the
outstanding preferred stook exceed two-thirds of the actual capital
paid in cash or property."
Directors.- George W. Young, New York; Joy Morton, Ohioago, 111.;
F. B. Squire, Cleveland, Ohio; John Alvin Young, N. Y.; N. S. BeardsMark W. Maolee, Warsaw, N. Y.; Warren W. Hawley, Warsaw, N. Y
lay, N. Y.; Samuel T. Kerr, Phila., Pa.; Edwin Hanson, Montreal, Canada; Osoar L. Oubelman, Jersey City, N. J.; Archibald 8. White, New
York; W. 8. Eddy, Saginaw, Mich.; Frederick P. Culver, New York;
Frederick R. Blount, New York; W.
Guinlook, Warsaw. N. Y.
Officers. -President, Archibald S. White; Vioe- President, George
W. Young; Vice-President, Joy Morton; Secretary and Treasurer,
John Alvln Young; Assistant Secretary, Charles L. Paar; Assistant
Treasurer, Rollin W. White.
;

C

The balance sheet
V.

of Sept. 30, 1900,

was in V.

71, p.

862.—

71, p. 1015, 866.

Pittsburg Brewing Company.
( Report for the year ending Oct. 31, 1900.)

President F. W. Mueller at the annual meeting, it is
reported, said in part:
The result of the oompany's operations and the condition of its
affairs, present and prospective, are eminently satisfactory. By improving the quality of our product where improvement has been
possible, and by continuing the fair and liberal treatment formerly
aocorded the trade by our predecessors, we have succeeded in establishing our business upon a safe and sound basis. The sales during
the past year ending Oot. 31, 19C0, aggregate 930,266 barrels, an increase of 105,368 barrels for twelve months, of which increase
49,907 barrels were gained from Nov. 1, 1899, to May 1, 1900, and
55,461 barrels from May 1 to Nov. 1, L900. No breweries were purchased this year. In accordance with our policy to close the smaller
and less profitable breweries the Hippely and Scottdale plants have
been shut down and their trade supplied from our other breweries,
to the better satisfaction of our customers.
The capital stock is $13,000,000, half in 7 per cent preferred and half in common stock. There is also an authorized issue of $6,500,000 6 per cent bonds. Of these securities there are held in the treasury 181 bonds of a par value
of $1,000 each and $399,900 preferred and $537,750 common
stock in shares of a par value of $50 each.
The earnings, etc., for the year ended Oct. 31, 1900, were
as follows
Gross earnings
$5,796,144
Expenses
3,965,954

,

1119

the lien of the consolidated mortgage, subject, however, to
the Mobile division first 5s of 1895, which are now a first lien
on the road from Columbus to Andalusia, 138 miles.
Earnings— The earnings for the 3 months ending Sept. 30
were:
Net.

Gross.

3 mo8.

1900

$1,669,055
—V. 71, p. 1066, 805.

Oth. inc.

$593,599

$45,512

Charges.

Bal., sur.

$527,741

$111,370

Cherry Hill Elkton & Chesapeake City Electric Railway.
—Bonds. The company, it is understood, is arranging to sell
$150,000 of 5 per cent bonds to provide for the construction
of its proposed line from Elkton to Chesapeake City, Md.
which was to have been begun in September last. The Con-

—

tinental Title & Trust Co. of Philadelphia, it is stated, may
be the mortgage trustee. The authorized capital stock is
$150,000, reported to be largely subscribed for, $58,000 by the
State of Maryland. John M. Kennedy is President and Ambrose Higgins, Secretary, Treasurer and Counsel, both of

Philadelphia.

Chicago & Alton Ry.— On Unlisted— The* $14 555,625
United States Trust Company certificates of interest for 3
per cent refunding bonds of 1949 have been admitted to the
unlisted department of the New York Stock Exchange. See
explanation in V. 71, p. 1012; V. 71, p. 1012, 1021.
Chicago Great Western Ry. The company recently applied for authority to list $4,300,100 four per cent debenture
stock to retire the following equipment lease warrants, sterling loans and gold notes, being the balance of $8,000,000
heretofore specifically authorized for similar purposes by the
directors, finance committee and stockholders at various
times, of which $3,700,000 has already been listed:
Seven per cent'equipment lease warrants, C. St. P. & K. C, due June
1, It 01, $886,497; six per cent O. G. W. Ry. Co. equipment lease
warrants, due at various dates up to 1906. $60,000; five per cent
C. G. W. Ry. Co. equipment lease warrants, due at various dates up

—

—

to 1903, but payable at the option of the Co. before maturity. $406,813; six per cent sterling loan, due 1901, $200,000, $969,697; six
per cent sterling loan, due 1902, $100,000. $484,848, five per cent
gold notes, due 1903, $1,100,000; total, $3,907,855.

of said stock, when sold, will be deposited
Co., the company's bankers and financial
agents in New York, to be used only to redeem the obligations
above mentioned. The Railway Equipment Co. of Minnesota has agreed to accept payment at any time before maturity of the $886,497 seven per cent equipment lease warrants above shown, and the $406,813 five per cent equipment
lease warrants due at various dates up to 1903 are payable
at the option of the company before their maturity making an aggregate of $1,293,310 lease warrants which can
be paid within the next 30 days. The Stock Exchange has
agreed to list $1,500,000 of the $4,300,000 additional debenture stock, making the total amount to be listed $20,676,500,
upon receipt of official notice that the above-named $1,293,310 lease warrants have been paid and canceled. V. 71, p.

The proceeds

with Verm ilye

&

—

913, 751.

Chicago Indianapolis & Louisville Ry. Exceptions OverWoods in the United States Court at Indianapolis
on
Nov.
20 overruled the exceptions of the Louisville
$1,830,190
481,376 Trnst Co. to the report of the Special Master, upholding the

Net earnings for year
Balanoe Nov. 1, 1899

ruled.— Judge

validity of the foreclosure pale of the old Louisville
$2,311,566

—

Deductions
Intereston bonds
Preferred dividend (7 p. c,)
Common dividend (4 p. c.)
Total

1,175,065

Balance
Taxes and depreciation

$1,136,501
250,000

Undivided profits

-V.

$886,501

69, p. 1060.

&

Chicago RR.

(see

V.

71, p. 831

and 599).—V.

New
71, r.

598, 437.

$379,140
431,155
238,390
126,380

Accrued interest

Albany

_

GENERAL INVESTMENT NEWS.
RAILROADS. INCLUDING* STREET ROADS.

Chicago Milwaukee & St. Paul Ry.—Bond Sale.— The sale
of $3,000,000 general mortgage 3}£ per cent bonds, reported
in our last issue, Chairman Roswell Miller informs us, is a
part of the $7,802,000 referred to in the last annual report as
outstanding but held in the company's treasury. The proceeds from the sale will reimburse the treasury for advances
made for new construction and for the payment of bonds

&

&

that had matured on the Iowa
Dakota, the Iowa
Des
Moines and Prairie du Chien divisions. In addition to the
$4,802,000 unsold bonds still in the treasury, there is a
further amount of $2,295,254 reported in the last balance
sheet representing expenditures for new property paid for
out of earnings for which the treasury has not yet been re-

imbursed.— V.

Contributions. — Subscribers and others will contribuet
Cincinnati Jackson & Mackinaw Ry. Sale of Securities.
materially to the completeness and value of this department, —A. H. Muller & Son will sell at auction, Dec. 19, for acif they will send us prompt information as to all matters count of the Reorganization Committee the following secur71, p. 1066, 863.

knowledge affecting the ities:
Northern RR. preferred stock
financial status of any company whose securities are held Cincinnati
do
do
common stock
by the public, particularly facts as to new stock and Jackson & Cincinnati Ry. common stook

coming within

bond

their personal

issues, leases

and

consolidations, defaults in interest

or dividends, protective committees, reorganization plans,
etc.
Copies of official circulars, readjustment plans or notices, financial reports of every kind and brokers' offerings
of new securities will also be appreciated.

Baltimore & Ohio RR. Executive Gommi ttee.— Charles H.
Tweed has been elected a member of the Executive Committee.

—V.

71, p. 1066, 916, 907.

Buffalo Rochester
& Hudson River

tral

& Pittsburg

RR.—V.

Ry— See New York

Cen-

71, p. 963, 501, 490.

Central of Georgia Ry.— Listed.— The New York Stock Exchange has listed $200,000 additional consolidated mortgage
5 per cent gold bonds of 1945, making the total amount listed
to date $6,7o0,000. The bonds were issued to pay for the
construction in 1899 of the extension from Searight to
Andalusia, Ala., 16 miles, eaid extension having come under

$4,190,000
2,610,000
150,000
1,500,000

Detroit Toledo & Milwaukee RR. Co. stook
Jackson & Cincinnati Ry. Co, 1st mortgage 5 per cent bonds,
March, 1896, coupons on
300,000
Detroit Toledo & Milwaukee RR. Co. 1st mortgage 5 per
cent 50-year gold bonds of 1897
1,500,000

These securities were received by the committee under the
plan of 1897 (see V. 65, p. 620), and were pledged to eecore
loans of $1,200,000. The modified plan of March, 1900 (V. 70,
p. 583), never became operative, and the reorganization
certificates of the old Cincinnati Jackson & Mackinaw, foreclosed, are still outstanding. (See Cincinnati Northern below;
also Investors' Supplement; and V. 70, p. 563.
Bondholders' Meeting. A meeting of the Cincinnati
Jackson & Mackinaw first mortgage bondholders was held
on Friday at the office of Cary
Whitridge, 59 Wall Street.
A proposition for the bondholders to assess themselves to
the amount of about 29 per cent, to pay off liens aggregating about $1,200,000, and thus to secure the property, was
referred to a committee of five to report at another meeting,
V. 70, p. 581, 583.

—

&

—

— —

——

—

—

:

THE CHRONICLE.

1120
Cincinnati

BR.— See

Northern

Cincinnati

Jackson

&

[Vol.

LXXL

full rights until the entire interest thereon and on the "B" stook has
been paid out of earnings for five consecutive years. The
per
cent stock is to be repayable at par in 1950, and the company is to
have the power to previously pay it off at any time after Jan. 1, 1911.
at £105 per cent upon giving bix months' notice. The holders will

4^
Change in Presidency.— F. W. Whitridge, of New York,
has been elected President to succeed Gen. Samuel Thomas.
have one vote for every £2 in nominal amount of the stock registered
Mr. Whitridge is a director and former President of the Lake in
their respective names until the stock enters into its full rights,
Erie & Western.— V. 70, p. 583.
and tht realtor one vote for every £5. The £200,000 working capital

Mackinaw RR.

above.

Cincinnati (0.)

Street

Ry.—Bonds Called.— Twenty-six

Mt. Adams & Eden Park Inclined Railway first mortgage
bonds have been called as of Oct. 1, 19o0, interest ceasing
from that date. Holders will present the bonds to Franklin
Bank of Cincinnati for redemption.— V. 71, p. 543.
Citizen's

Bonds.

Street

Railway

of

Newburyport, Mass.—

—The Massachusetts Railroad Commission has author-

ized the issue of $230,000 mortgage bonds.— V. 63, p. 672.

City & Snbarban Ry. of Portland, Ore.— Called Bonds.—
The following bonds of the Waverly- Woodstock Electric
Railway have been called for redemption, and will be paid
at 104 on Jan. 1, 1901, at the Sacunty Savings & Trust Co.,
Portland, viz.: Nos. 92, 93, 94, 104, 105, 106, 107, 103, 109 and

110.— V.

71, p. 1066.

Connecticut River RR. New Bonds and Stock.—The
stockholders will vote Dec. 4 on issuing 500 shares of stock
and |335,000 in bonds, to fund indebtedness incurred for
permanent improvements. V. 61, p. 470.

—

& Sherman

Ry. New Securities.— Application
has been made to the Railroad Commission for authority to
issue $300,000 of bonds and $100,000 of stock for the construction of the company's proposed electric line between Denison

Denison

and Sherman.— V.

71, p. 809.

Eel River RR. No Rehearing.— The Supreme Court of
Indiana has retused a rehearing of the case in which the

Company's charter was declared
appointed.—V.

forfeited

and a receiver was

71, p. 751.

Elizabeth Plainfield & Central Jersey Ry.— Consolidation.—This company, with a capital stock of $3,000,000, and
an authorized issue of $2,500,000 bonds, has been organized
to consolidate the 60 miles of trolley lines in Elizabeth, Rahway and Plainfield outside the North Jersey Street Railway

system in Elizabeth. The companies to be merged are:
Westneld & Elizabeth Stieet Ry., Enz^bdth City Horse RR.,
Elizabeth Soreec Ry., Plainfield Street Ry. and Rahway Street RR. Of the bond issue, $1,500,000, it is said,
will be used to bay the holdings of the Kean interests and
the Rahway Company, and the balance for improvements and
extensions. The President is David Young, Vice president
and Ueneral Manager of the North Jersey Street Railway Co.
The other officers are Thomas A. Nevius of Orange, Vicepresident; Thomas N. McCarter of Newark, Treasurer, and
Col. Edwin W. Hine of Orange, Secretary.

New Road— Bonis.—This company,

Great Eastern RR.

incorporated in North Carolina in August last, has made a
mortgage to secure $3,000,000 first mortgage gold 5s, dated
Jan. 1, 1901 ($1,000 each), due Jan. 1, 193 L, interest being
payable Jan. and July 1 in New York. Authorized capital
stock $2,000,000 par; $100. The road is projected to extend
from Raleigh, N. C, to Englehord, on Pamlico Sound, 167
miles, of which 20 miles between Fremont and Snow Hill, are
graded and ready for the rails, and work, it is said, is being
pushed. The road will traverse seven counties, with a population, by the Census of 1900, of about 200,000
Rosenberger
Livermore, of New York, are interested. Officers:
J. W. Lynch, President; Geo. W. Suggs, Secretary; S. H. Lofton

&

Treasurer.

International Traction Co.— Guaranteed Bonds.— See
Lockport & Olcott Ry. Co. below.—
69. p. 229.

V

Interoceanic Railway of Mexico.— New Capital— Refunding.— Seer etary C. E. Scruby in a circular says:
The accounts show that the net revenue of the year ended June 30.

1900, amounted to £111, %96 (compared with £81,963 last year), or
sufficient to provide the lull 7 per cent on the "A" debenture stock,
and 3 7 16 per cent on the 7 per cent "B" debenture stook. Since the
reconstruction of the capital in 1896. when £171,3*0 nominal 4 per
cent debenture stook was provided, the toial expenditure on rolhng
stook and works has amounted to $1,792,136. or £178,184 sterling.
Although this expenditure has not exhausted the total capital under
the control of the board, since at »he time of the reconstruction about
£80.<>00 was then unexpended, further drafts on capital are impracticable, because they would leave the board without funds for stores
and oiher working requirements.
In order to complete the works and improvements in progress, or
not yet commenced, for which the General Manager up to the present
has requested sanction, a further sum of from £55,000 to £60,000
will have to be provided. The board, therefore, recommends the
adoption of a resolution for the creation of £1,300,000 4*2 per cent
second debenture stock for the following purposes:
<A) To come immediately und. r the control of the board (of
which not exceeding £15o,C00 Is to be Issued for the purpose of raising the working oapital now required)
£200,000
(B) To be reserved for the exclusive purpose of redeeming
the 7 per cent "A" debenture stook of the company, of
which there is £735,39 outstanding, the same being redeemable at any time upon giving 6 months' notice. Any
portion not used for such purpose is to be added to the
leserve for future requirements
£950,000
<C) To constitute a reserve for future requirements on capital acoount, or for any other purposes, but not to be issued before 1905
£150,000
The 4*« per oent second debenture stook is to constitute a charge on
the undo taking ranking next after the 4 per oent debenture stock.
It will have cumulative rights from Jan. 1, 1906, and foreclosure
rights when the lull interest on the 4»a per cent debenture stook for
the time being outstanding and on the 7 per cent "B" debenture
stock has been paid out of earnings for five oonseoutlveyears.whereas
the existiug "A" debenture stock does not enter Into cumulative or
1

(A) and the £ 50,0(
reserve capital (C) will rank next after the 4
per cent debenture stock.
The 7 per cent "A" debenture stockholders will be invited to exchange their present holdings for an increased nominal amount of the
proposed new 4*3 per cent. The annual charge for interest on the 7
per cent "A" debenture stock is £51,477, whereas, when the "A" debenture stock has been redeemed the charge will, Including the £110,000 for Immediate working capital, not exceed £49,500, or 4*2 per
cent on £1,100,000 seoond debenture stock. If the redemption of the
"A" debenture stock cannot be effected so soon as is anticipated, the
annual charge for interest in front of the "B" debenture stock until
1905 cannot exceed the present charge by more than £9,< 00, «nd
would not exceed it by more than £6,750 (interest on £1 50,000) for
the greater part of that period. It must, however, be borne in mind
that the saving due to greater economy in working which results from
improved traffic facilities, may be confidently expected to more than
equal the interest on oapital devoted to such purposes.— V. 66, p. 57a.
1

Iowa Central Ry. Listed.—The New York Stock Exchange has listed $450,000 additional first mortgage 5 per
cent gold bonds, making the total amount listed to date
The proceeds were used for equipment and ex$7,650,000.
traordinary improvements.
Earnings— For 3 months ending Sept. 30 earnings were:
3 mos.

1900

-V.

Net.

Oth. inc.

$71,114

$7,008

Gross.

562.831

Charges (net).
$115,507

Bat., def.

$37,3S5

71, p. 1067, 858.

Kansas City Northwestern RR.— Exchange of Stock.— See
Missouri Pacific Ry. below.— V. 69, p. 152.

Ry.— Bonds Offered.—E. O. McNair &
N. Y., are offering the remaining $362,000 of
the Company's $700,000 outstanding first mortgage 5 per cent
gold bonds, payment of principal and interest guaranteed by
the International Traction Co. See Street Railway Supplement, page 19.— V. 70, p. 1291.
Lockport

&

Olcott

Co., of Buffalo,

Louisville Evansville

—

&

St.

Louis Consolidated

RR.—

Sale Confirmed. The foreclosure sale was confirmed by
Judge Allen at Springfield on Nov. 24.—V. 71, p. 1067, 964.

Louisville & Nashville RR.— Called Bonds.—Forty -nine
Pensacola & Atlantic RR. first mortgage 6s of 1881
have been drawn for the sinking fund. Tne interest on the
same will cease Feb. 1. 1901, and the principal will be
redeemed at the office, 120 Broadway, on and after that date,
plus 10 per cent premium.— V. 71, p. 863, 701, 695.
($19,000)

Manhattan (Elevated) Ry. Tax Decision.— At Albany on
Tuesday the Court of Appeals gave a decision in the longstanding tax suit, fixing the value of the property assessable
for city purposes in the city of New York at $9,492,307, contrastiDg with $17,860,712, the amount assessed in 1894, when
Judge Haight wrote the prevailing
the litigation began.
opinion, which was concurred in by Chief Judge Parker and

He says in part
Perhaps the most troublesome question presented for the consideration of the Court relates to the item of land damages, $8,814,423, of
which 90 per cent, $7,932,980, was realized. The sum of $4.451,9<3
was paid for land damages on the Metropolitan line, and is included
in the open accounts. Of the balance, $3,480,987, $1,160,329 was
paid for rental damages of the New York line and $2,320,658 for the
fee damages. It is contended on behalf of the relator that these damages ao not constitute taxable assets. We are inclined to the view
that this contention presents a question of law which it Is the duty of
this Court to determine.
The Special Term found the value of the relator's assets, after making the proper deductions, was $14,440,641. Also, that the relator
had paid an annual dividend of 6 per cent upon its oapital stock of
$29,925,200, and had a surplus besides, and finally that the Commissioners were justified in assuming that the capital stock of the relator
remained unimpaired and that the assessable value of its assets was
$15,526,^00, as determined by the Commissioners, and that their assessment should be confirmed. In the oase of the People ex rel. the
Equitable Gaslight Co. vs. Barker, and also in this oase on the former
hearing, this Court held that such a presumption may be indulged in.
Evidence, however, may be introduced showing that the capital
stock of a company is impaired by the existence of debts, whioh evidence, if believed, overcomes the presumption that might otherwise
exist. In this oase the indebtedness disolosed by the relator consisted
of mortgages, bonds and ju tginents, about whioh there now appears
to be no controversy as to the facts.
It would seem, therefore, that the presumption was overcome by the
evidence, and the assessment shoula be made in accordance with the
testimony, and not based upon the presumption that the oanltal stocK
remained unimpaired. The Appellate Division appears to have found
Judges Bartlett, Martin and Vann.

that the structure in the streets cost $9,823,057. instead of *S, '0,f>87,
as found by the referee. It also found that the judgments unpaid of
$744, 5^5 had been obtained for l<nd damages, of whioh $248,183 was
for rental damages and the rest was for fee damages. We fully agree
with the learned Appellate Division with reference to its disposition
of these items. We agree fully as to the assets, and only differ a* to
the deductions of the items first considered by u*.
"The Appellate Division could have modified the order or tne
Special Term or it could have reversed the order and sent the pr>»;ee<
ings back for reassessment. It, however, should not have vaeuUd 1 1<
assessment absolutely. The order of the Appellate Division should he
reversed and the order of the Special Term modified so as to reduce
aiiit,
the assessment of the relator property to the sum of $.M92,30/,
as so modified, affirmed, with costs of this appeal to the appellants.
<

will relieve the company of a considerable portion of the tax levied by the city for the year 18*4,11
seems questionable just what bearing it will have on the
baltaxes in dispute for tne years 1893-190J. Tne-company a
ance as of Sept. 30, 1900, includes among the liabilities "taxes
in litigation, $2,085,559."- V. 71, p. 10i0.

While the decision

Massachusetts Electric Companies— Dividend.— A dividend of %% per cent has been dt clured on the preferred stook,
payable Jan. 1 to stockholders of record on Dec. 15, There is
no change in the dividend rate, which remains 4 per oeat
1
per annum, the additional v, of one per oent being pn

—

December

1,

1900.

—

——

——

—

THE CHRONICLE

|

1121

merely because of the change of the dividend dates from
June and December to Jan. and July. The last semi-annual
dividend of 2 per cent was paid in Jane, 1900.—V. 71, p,

ticulars regarding this loan, including a copy of the guaranty, were given in V. 70, p. 329, and the latest earnings
will be found under the heading "Annual Reports." V. 70,

1064, 1072.

p. 339.

Metropolitan Street Ry.— Guaranteed Bonds.— See Third
Ave. RR. below.— V. 71, p. 861, 863.

Stuttgart & Arkansas River RR.— Sale Set Aside.—John
T. Hicks and George G. Griffith, having failed to pay the
residue of the purchase money, Master in Chancery Charles
C. Waters has been ordered to re-advertise the property for
sale.
No bid will be entertained for less than $40,000.— V.

Missouri Kansas & Texas Ry.— Sherman Shreveport
Southern Bonds.— See that company below V. 71, p. 599.

—

Missouri

Pacific

—

Ry.— Stock for Kansas

City

&

North-

The company, we are officially informed, has iswestern.
sued $3,983,560 capital stock to purchase the Kansas City
Northwestern RR., aline 172 miles in length (including 12
miles trackage), extending from Kansas City to Virginia,
controlling inNeb., 162 miles, with branches 12 miles.
N. W. has been
terest in the $3,500,000 stock of the K. C.
held for some years by persons friendly to the Missouri Pac.
The total outstanding issue of Missouri Pacific stock, including that issued on account of the acquisition of the Kansas City Northwestern Railway, is $50,433,150. The stock of
the Kansas City Northwestern Railway will be kept alive,
but the entire issue is now owned by the Missouri Pacific
Railway Co. The Northwestern's $900,000 Series "A" bonds
are redeemable at. any time at 105, but it is not contemplated
at this time to retire them.
Listed.—The New York Stock Exchange has listed $3,952,-

A
&

&

Southern unifying
000 additional St. Louis Iron Mountain
and refunding mortgage 4 per cent gold bonds of 1929, issued
to retire the $3,952,000 outstanding 5 per cent gold funding
notes called for payment on Jaly 30. 1900, making the
tola! amount listed to date $3,090,000.— V. 71, p. 1067.
Central & Hudson River RR.—New Line.—The
Committee on Tuesday, Nov. 27. approved a

New York
Executive

plan for a new coal line to be established in conjunction with
the Pennsylvania RR. from the Clearfield district to Williamsport. A new road will be constructed from Clearfield
an existto Karthans, Penna., 33 miles, and thence
ing road owned by the Pennsylvania will be used to
Keating, 25 miles.
Erie
From Keating the Philadelphia
will be used under trackage agreement to Youngdale, a
further distance of 45 miles, making in all a total distance of
103 miles. The new road, it is said, will be known as the
Susquehanna
Clearfield, and following the level of the
Susquehanna River will permit of better grades than the
Beech Creek line affords. The new road will greatly facilitate the handling of the coal of the Buffalo Rochester
Pittsburg RR., with which road a traffic agreement has been

&

&

&

made.—V.

71, p. 961, 809.

North Jersey Street Ry.— New Allied Company.— See
Elizabeth Plainfield & Central Jersey Ry. Co. above.
V.

70, p. 1095, 1049.

Pennsylvania RR.— Stock Listed.— New York Stock Exchange on November 28 listed the company's $151,700,000
capital stock.— V. 71, p. 1068, 1013.
Pittsbnrg Bessemer & Lake Erie RR.— Steel Cars.— The
company has ordered from the Pressed Steel Car Co. 2,000
steel cars of 50-ton carrying capacity each, 1,000 hoppers, the
rest gondolas.
Delivery is to begin early in April.— V. 71,
p. 285.

Port Chester (N. Y.) Street Ry.— The company, it is stated,
made a mortgage to the New York Security & Trust Co.,

has

as trustee, to secure $300,000 of 30-year 4 per cent bonds, to
be issued for extensions and improvements.— V. 68, p. 1077.

Rapid Transit in New York City.— No Pipe Galleries.—
The plan for building pipe galleries at a cost of about $400,000
in connection with the subway railroad has been abandoned
by the Rapid Transit Commission, the following resolutions
having been adopted on Wednesday

—

70, p. 793.

—

&

Co.
Third Avenue RR. Bonds Offered. Kuhn, Loeb
will receive subscriptions on Dec. 7 next, at 104J^ and accrued interest, for $10,000,OJO of the new first consolidated
mortgage 4 per cent 100-year gold bonds. The3e are part of
a total authorized issue of $50,000,000, of which $13,443,000
are reserved to retire all other bonas of the Third Avenue
system. Principal and interest are unconditionally guaranThe Third
teed by the Metropolitan Street Railway Co.

Avenue Company owns

or controls 269 miles of road. Its
charter is unlimited as to duration, and is stated to be one of
the m03t valuable and comprehensive street railway franchises granted by the city of New York.
The company
owns real estate of great value in various parts of the city
of New York and elsewhere. The new bonds will ultimately
become an absolute first lien on all of the company's properties, including the controlled companies.
The fixed charges
of the Third Avenue Company and its controlled companies,
inclusive of the issue of $35,000,000 of the new bonds authorized, amount to $2,095,659, which will be reduced by $165,000
by the replacement of the existing funded debt with the new
4 per cent bonds reserved for the purpose. It is estimated
that after the completion of the electrical equipment now in
progress, and with the economies resulting from the close
connection with the Metropolitan Street Railway Co., the
annual net earnings of the Third Avenue Railroad will be at
least $3,000,000. This, together with the surplus earnings of
the Metropolitan Street Railway, after deducting its own
fixed charges and taking as the basis the results of the last
fiscal year, would provide net earnings of nearly $6,500,000
to meet fixed charges, amounting, a3 above stated, to about
With the Third Avenue Railroad system
$2,000,000 in all.
the Metropolitan Street Railway Co. controls the entire system of surface traction lines in the Boroughs of Manhattan
and the Bronx.—V. 71, p. 699, 30.

—

Wabash Ry. New Line. The company expects to undertake the construction of the line from Montpelier to
Toledo, O., about 55 miles, early in the new year. A mortgage of |5,000,000, bearing 4 per cent interest, was authorized last spring for the construction and equipment of the
new line, of which $4,COO,CO0 were to be negotiated at the
directors' discretion.
The road will give the company a
continuous line from Toledo to Chicago.— V. 71, p. 435, 439.

—

West End Street Railway of Boston. New President.
Joseph B. Russell has been elected President in place of Samuel Little, resigned.— V. 71, p. 493, 437.

INDUSTRIAL. GAS AND MISCELLANEOUS.
Akron (Ohio) People's Telephone Co. Listed in Cleveland.—The Cleveland Stock Exchange has listed the company's $200,000 capital stock and $200,000 of 5 per cent 15year bonds.

American Bridge Co.— First Dividend.— No formal action
has been taken on a dividend, but it expected that the company will pay in January a dividend of 2% per cent on the
preferred stock for the peiiod beginning May 10 and ending
Oct. 3, 1900. Thereafter it is proposed to pay dividends of
1% per cent quarterly.— V. 71, p. 1014.

:

,

" Whereas, No considerable work can be done on the pipe galleries
heretofore proposed on the road in Elm Street, and
Whereas, The present President of the Board of Public Improvements, the Commissioner of Highways, the Commissioner of Sewers
and the Commissioner of Water Supply have made various criticisms
on the proposed plan, substantially holding that the construction of
pipe galleries should await a fuller and completer plan for larger pipe
galleries than those which the board has felt justified in constructing
as part of the Rapid Transit work, and
Whei eas. The contractor. John B. McDonald, has requested that he
be relieved from the obligation to construct a pipe gallery, and
Whereas, The chief engineer has reported that the pipes and subsurface structures now existing can be satisfactorily provided for
without the construction of galleries, now, therefore, it is
Resolved, That the President of the board be requested to withdraw
the requisition for pipe galleries.

Richmond & Mecklenburg RR.— Lasted.— The New York
Stock Exchange has admitted to the list the $315,000 first
mortgage 4 per cent gold coupon bonds of 1948.— V. 68, p. 826.
St. Louis Iron Mountain & Southern Ry.— Additional
Bonds Listed.— See Missouri Pacific Ry. above.— V. 70,

p 1292.

American Car & Foundry Co. Earnings— While the net
earnings in September were only $202,000, against a monthly
average of $500,000 during the summer, the earnings for October were materially larger, and. still better for November,
so that it is premature to say, as reported this week, that no
dividend will be paid on the common at the next dividend
period, Feb. 1. The preferred stock dividend calls for $525,000 quarterly, and the common at the rate of
per cent
quarterly, as paid in August and November last, tor $150,000.
V. 71, p. 914, 855.

%

—

—

American Ice Co. Reported acquisition. Control of the
Knickerbocker Ice Co. of Newark, N. J., has been acquired
in the interest of the

American Ice Co.— V.

71, p.

1068,

1014.

—

American Linseed Co.— Additional Working Capital.
Touching the plans to raise additional working capital,
President Guy G. Major is quoted as saying
The company has a capital stock of $33,000,000. Its business in:

cludes the buying of flaxseed and the production therefrom aiid the

Sherman Shreveport & Southern Ry.—Bonds Offered — compressing of the remnants into cakes that are used to feed cattle.
A peculiar feature of the business Is thai we have to pay spot cash
H. W. Poor & Co. are offering at 97}^ and interest $500,000 for
flaxseed, which is bought way ahead of its sale as oil. Last year

company's first mortgage 5s of 1893.
These bonds are we had about $10,000,000 of working oapital. The price of flaxseed
included in the $1,689,000 of the issue listed on the New York has since advanoed to $1 80, as compared with $ I last year. A great
deal of additional working capital is therefore needed, the estimate
Stock Exchange, and are part of $589,000 issued for the pur- being
fully $5,000,000. A committee is now working on the plan for
pese of extending the road a distance of about 30 miles from raising the money, and will report by December 3. There are two
Jefferson, Tex., to Waskom on the Texas Louisiana Line, in principal plans—the first, a bond issue, and the second, including a
order to complete ihe link between the main line of the decrease in the capital stock probably to $16,000,000. Under the
sf'COLd
$1 ,000,000 would represent the present capitalization,
Missouri Kan? as & Texas Railway at Greenville, Tex., and with theplan
remaining $5,000,000 to be subscribed in cash by an underthe Queen & Crescent System at Shreveport, La.
Full par- writing sjudicate.
of the

1

—— — — — —

THE CHRONICLE.

1122

The idea of petitioning the courts for a receiver haa been virtually
abandoned because, in the State of Illinois, in wbiob the company
owns a great deal of property, the laws are such that any man holding
ten shares of stock would enjoin us from making such transfers as
would be needed in a reorganization. At any rate, we haven't at
present money enough to take care of our business, and we are free to
admit it.—V, 71, p. 1068, 1014

American Steel & Wire Co.—Purchase of SteamshipsGuaranty. The purchase of the steamships referred to last
week, it is currently reported, involves an agreement to guarantee $5,OCO,000 bonds to be secured thereon, a proposition
that has met with considerable opposition. It seems probable that the American Steamship Co., incorporated, as
stated last week, in West Virginia, with $5,000,000 capital
stock, with offices in Duluth, and Cleveland men as incorporators, is organized in connection with the deal.— V. 71, p.

—

1014, 914.

—

[Vol. LXS.I.

purchase or redeniotion of bonds. All bonds so acquired must be canceled and no other bonds can be issued in their place.— V. 71, p. 184.

Edison Portland Cement Co.— Status.— The proceeds of
the last instalment ($15) just called, referred to last week, it
is stated will be used to complete the construction of the
plant at Stewartsville, N. J., to be ready for operation in the
spring, with a maximum capacity of 10,000 barrels daily,
although probably at first only 4,000 or 5,000 will be produced. The company has about 600 acres of land, including
limestone deposits, conveniently located for economical operation.
After the payment of this instalment the outstanding stock will be $1,000,000 preferred and $8,700,000 common
stock, both full paid, $1,000,000 preferred and $300,000 common stock remaining in the treasury, which it is intended to
apply to list on the Philadelphia Exchange after the starting
up of the plant.— V. 71, p. 1070.

American Tobacco Co. Resignation. The three brothers,
John, Basil and Marcus Doerhoefer, it is stated, have
resigned their connection with this company and the
Continental Tobacco; the two first named are directors, the
first of the American, the second of the Continental Company,
and all three are managers of certain of the plants. V. 71,

Electric Storage Battery Co.— First Dividend.—The company yesterday declared a cash dividend of 6 per cent on the
preferred stock, being the accumulations on this stock to
Jan. 1, 1901. Quarterly dividends, it is said, -will be begun
April 1 on both stocks.— V. 71, p. 238.

p. 965, 751.

has, it is said, decided to call on Feb. 1 next $500,000 of the
$1,000,000 outstanding 20-year 6-percent bonds, dated July 1,
1887.
The bonds are redeemable at par in cash or stock of
the company, at its option. The remaining $500,000, it is
understood, will be called before the end of 1901. The company was organized in 1865 under the laws of Illinois. Its
authorized capital is reported as $4,000,000, in shares of $1,000
(not $100) each.
The company claims to have made " nearly
9, CK 0,000 watcbes, being more than any other factory in the
world has pioduced in the same period." The plant is at

—

Calnmet & Hecla Mining Co. Extension of Corporate
Existence. The company has filed articles of association
with the county clerk at Houghton, Mich., renewing its
term of corporate existence for a period of thirty years from
April 13, 1901, on which date the original charter of the company will expire. V. 71, p. 493.

—

—

—

Cartagena Terminal & Improvement Co.—Deposits. The
deposits undf r the plan are reported as follows
98 per cent
of the first mortgage bonds, 94 per cent of the income bonds,
85 per cent of the preferred stock and 90 per cent of the com:

mon stock.— V.

—

71, p. 865, 810.

Centennial Mining Co. Assessment.— An assessment of
$5 per share has been called payable $3 Dec. 12, 1900, and $2
April $12, 1901, on the 90,000 shares of outstanding stock.
The proceeds are needed for a new stamp mill and additional
equipment.

—

Chicago Packing & Provision Co. Litigation, The minority holders of common stock have filed a bill in the United
States Couifc asking the annulment of the preference given by
the English charter to the £2U0,000 preferred stock. The
liquidation will be held in abeyance until the case is decided.

—V.

71, p. 965, 865.

Citizens' Telephone Co. of Fostorla, Ohio.— Listed in
Cleveland. The Cleveland Stock Exchange has listed the
$50,000 capital stock and $36,000 of 5 per cent 20-year bonds.

Elgin National Watch Co.— Called Bonds.—The company

Elgin,

111.

—

Fort Smith Water Co.— Reorganization. E. A. Noyes,
Treasurer of the Portland ( Me.) Savings Bank is chairman
of a reorganization committee representing the $416,000 consolidated mortgage bonds.
Interest due on these bonds
April 1, 1900, remains unpaid. It is proposed to foreclose
the second mortgage and holders of the consols are therefore
requested to deposit their bonds with the committee. The
plant, according to an expert, is capable of earning about
$47,000 a year, after an expenditure for new pumps, extensions and filter of about $62,000. The gross earnings last
year were about $39,000. There are outstanding $112,000
first mortgage bonds, the August coupons from which were
paid at the Farmers' Loan & Trust Co., after two week's
delay.

—

—

Forward Reduction Co.— Stock Offered. This company,
incorporated under tbe laws of West Virginia with $3,000,000 capital stock, all in shares of $1 each, ''full paid and nonColumbia Malting Co. of Chicago.— Increase of Capita assessable," is offering a "limited amount" of its treasury
Stock. The company, it is stated, has increased its capita' stock at 50 cents per share for the purpose of buildiDg a plant
stock from $300,000 to $700,000.
and marketing its products, to be made from crude peConsolidated Gas Co. of Baltimore.— Director.— Charles troleum. An advertisement says:
This company owns processes, which are now completely perfected,
H. Dickey has been elected a director to succeed Bernard
for the refining of heavy crude petroleum, of which there Is an ImCahn, who resigned.— V. 71, p. 1069, 965.
mense production in certain sections, and which Is absolutely refraounreflnable by any other known methods. These oils, which
Continental Tobacco Co. Resignation. See American tory andused
are now
only for fuel, can be converted, by this company, into reTobacco Co. above.— V. 71, p, 965, 646.
fined lubricating oils of better qualities and higher values than any

—

—

Dominion Iron & Steel
"Boston

Co.

News Bureau" one day

Securities and
last week said:

Plant.—The

There has been no recorded transaction in the 5 per cent
bonds, but it is believedjthey would find a ready market at 90. The
stock sold yesterday at 3oi«, an advance of 5 1* points in two days.
The underwriter* secured their bonds at 90, and eaoh bond carried the
right to subscribe to 15 shares of stock at $15 per share. Thus each
bond, with stock rights, oost $1,125, and these securities have a marketvalueto day of $1,35750. The cost oftke plant will be $10,000,000,
which is provided by the issue of $8,000,000 of five per cent bonds
and $15,000,000 stock. These securities were not ottered to public
subscription, but were taken by individuals. The stock Is strongly
held and very little of it is likely to come on the market.
The plant includes 4 blast furnaces, eaoh of a capacity of from 250
to 400 tons per day; 10 basic open-hearth steel furnaces, of a capacity of about l ,000 tons of steel per day. It is not Intended to carry
the manufacture of steel further than the billet stage at present, but
later a plate and rail mill will be added. The plant Is now approaching
completion. The first furnace will be started some time about the st
of January, the second furnace following immediately after and the
third and fourth in the spring. The Dominion Government of Canada
will pay a bounty running to 190 7, averaging for the whole period
$1 50 per ton on iron and $2 25 per ton on steel; a total bounty of
$3 75. "Hansard's Register" gives the bounty in detail per net ton:
i

Pig Iron.
Steel.
Pig Iron.
To April 23. 1902.. $2 OO
$3 00 To July 1, 1P05
110
" July 1,1903
"
2 70
180
July 1,1906
70
" July 1,1904
1 50
2 25
"July 1,1907
40
The output will be from 400,000 to 500,000 tons per year.

The plant
ore from

its

A

known to the trade.
very large proportion of the orude
article goes into these pure hydro carbon lubrica .t«, and the balanoe
becomes a superior grade of asphaltum, nothing being wasted. Thug
a barrel of th« cheapest fuel is made many times as valuable as a barrel of the choicest Pennsylvania crude when refined The processes
others

are inexpensive and the company eDjoys a complete monopoly
The company controls many thousand acres of land near
the sea coast, producing these heavy oils, and is about to erect a large
refinery on tide water.
therein.

The officers are: President, Walter S. Logan, New York;
Vice President, Edward L. Buchwalter, Springfield, O Secretary and General Manager. Chauncey B. Forward, Cleveland, O. Treasurer, Louis V. Denis, Cleveland, O. Offices,
Nos. 1613-1614 Williamson Building, Cleveland, O.
;

;

General Electric Co.— Debentures Mostly Retired.— The
debentures, of which $5,298,000 were recently outstanding,
have been considerably reduced through voluntary exchange
of the ?ame for stock, on the basis of $100 stock for $120 of
bonds, as authorized by the terms of the latter. V. 71, p.

—

1011, 1015.

Havana Commercial Co.— Status.— R. R. Govin, a direcwho has been in Cuba lately attending to the purchase
165 of raw tobacco, is quotod as saying:
105

Steel.

60

tor,

The company has advanoed $1,300,000 to the tobaoco produoers for
the company's crop. I found the condition of the company in Havana
entirely

satisfactory.

The management has

rectified

any defects

Cape Breton, Nova Scotia, and it will use which may have been made in the beginning. The statement is not
correct that the company is being managed by inexperienced tobaooo
mines in Newfoundland and coal from the Do- manufacturers.
All the heads of departments are well known in the
is

at

minion Coal Co.

—

Description of Bonds. The bonds are first mortgage gold
5s, dated July 1, 1899, due July 1, 1929, the National Trust
Co. of Ontario, Limited (Montreal, Canada), being trustee,
the interest being payable Jan. 1 and July 1 at the Bank of
Montreal. Of the $8,000,000 authorized by the mortgage,
$6,000,000 (understood to be sold) were issuable at once and
the balance was reserved for additional property. Further
facts follow:
Bonds may be purchased at not exceeding 110 and accrued interest,
or, if not so purchasable, drawn by lot at 110 and interest. For thia
purpose a sinking fund of $50,000. together with a sum equal to the>
annual interest on all bonds purchased or drawn is payable on or before July 1 yearly, beginning 1902. but simultaneously with any sinking fund payment any additional sum desired may be paid for the

of tobacco factories, and every one of them has oad years
of experience. It is correct that the Havana Commercial Co. has suspended dividends on the preferred stock until the floating d**bt Is
wiped out Under favorable crop conditions the entire tloatluii debt
will be paid oft in about two years, and If the crops are successively
good It will take a uiuoh shorter time.— V. 70, p. 1293, 1252.

management

Indiana Natural Whs & Oil Co.— Decisio7i.- In the case of
Oil Co. against this company, the
the Manufacturers' Gas
Supreme Court of Indiana on Nov. 2? decided that the state
of Indiana can not constitutionally prohibit the piping of
natural gas out of the State. Other cases are pending by
which the Manufacturers' Company hopes to enjoiu the Indiana Company from pumping gas at a pressue exceeding
the natural pressure of 165 pounds, or at leas'- the 1- uislative
limit of 300 pounds. (See, V. C>7, p. 090; V. 88, v- 885, 1188.)

&

——

—
December

1,

—

—

—

THE CHRONICLE.

1900.]

1123

International Packing Co. Stockholders' Committee. — quire 3 mills in North Carolina and 2 mills in New Orleans.
At the annual meeting on Nov. 20 the following committee The last dividend, 2 per cent on the preferred, was paid
was appointed to consider the course to be pursued in view June, 1897, the accumulated dividends amounting to $541 ,680.
of the state of affairs shown by the report of the President. It is proposed to exchange the new stock for the present outstanding issues, share for share (viz., one new $10 share for
(See V. 71, page 1118.

H

Henkle, Secretary of the trust department of the Illinois
W.
Trust & Savings Bank; E. A. Potter, President of the American Trust
& Savings Banks; E. A. Sbedd, R. G. Tennant and John Hately, President of the International Packing Co.
The Chicago Economist says: "About $1,000,000 will be
required if the company is to continue in business. If it
liquidates, the debenture holders will probably receive 20 to
30 per cent of the face of their holdings, depending upon the
price to be obtained for the Chicago plant as dead, unproductive property."— V. 71, p. 965, 915.

International Smokeless

Powder & Dynamite Co.— Pur-

chase of Preferred Stock by Marsden

Co.— The Marsden

Co.,

said, will purchase $100,000 of the preferred treasury
stock after the surrender of one-half of their stock by the
present holders, the balance to be full paid on payment of the
second instalment of $5 per share on Dec. 20, on account of
the final call. A director of the International Co. is quoted
by the " Philadelphia News Bureau" as saying:
The matter has been considered and decided npon by both boards.
it is

be paid for In cash at par. Wnen it was decided to
make no further calls upon the present outstanding preferred stock,
it was also riVtermined to sell $100,000 of the $500,000 preferred returned to the treasury under the arrangements for making the stock
full paid, to provide all working capital deemed necessary. Present
preferred stockholders were therefore relieved of providing the new
capital, and $400,000 more preferred will be left in the treasury for
future requirements. The Marsden Co., already holding a majority
interest in the common stock, now gets a 1-6 interest in the outstanding preferred.— V. 71, p. 1070, 915.

The stock

will

& Langhlin, Ltd., of Pittsburg.—New Furnace.—
third of the large new blast furnaces, it is said, is to be
completed and put in blast about the middle of December,
the construction of the fourth being well under way and expected to be completed and the furnaces started about Feb. 1.
The five furnaces when in full blast, it is estimated, will
actually produce 2,500 tons daily.— V. 71, p. 866.
Jones

The

Kentucky Heating Co. of Louisville, Ky.— Ordinance
Passed Over Veto. The lower board of the General Council
of Louisville on Nov. 5, by a vote of 21 to 1, passed over the
Mayor's veto the ordinance granting to the Kentucky Heating Co., as the highest bidder, a 20- year franchise to sell fuel
gas, natural or artificial, for use, it is claimed, both for
fuel and illuminating purposes. On Nov. 27 the retiring gas
and water committee of the Board of Aldermen presented a
report opposing the measure as contrary to the best interests
of the city. Six of the twelve aldermen signed the report.
The report was not spread on the record, but the action
taken is thought practically to end the chances of the measure's being passed.
V. 71, p. 137.

—

—

—

Marsden Co. Purchase. See International
Powder & Dynamite Co.—V. 70, p. 381.

and $50,000

and in satisfaction of the cumulative dividends; also to issue to the
present holders of preferred 14, Or 6 shares of the new common stock
as a further consideration for their consent to the reduotton of their
shares, and to put in the treasury the balauoe of preferred and com-

mon shares.
The proposed changes

will be effected by amendment to
the charter and not by re-inoorporation, thus obviating the

loss

which would be incurred by winding up

its affairs

and

ceasing operations. The annual meeting will be held Dec.
Sons, Prudential
11 in the offices of A. T. Keasbey
Building, Newark. F. O. French is President. Office, New
Orleans.- V. 55, p. 49.

&

—

National Salt Co. Called Bonds. Pursuant to the terms
of a mortgage made by the Kansas Salt Co. to the Holland
Trust Co., and a supplemental mortgage given t>y the Hutch
inson Kansas Salt Co. to the Merchants' Trust Co, of New
York, bonds numbered
130,

153, 161,

134,

4, 12, 17, 47, 49, 52, 91, 94, 97, 106, 108,
183, 198, 213, 222 and 243 of the Kansas
drawn by lot for redemption, and will be

Salt Co. have been
redeemed at the rate of $1,020 and accrued interest on presentation of the same to the Merchants' Trust Co., No. 320
Broadway, New York, N. Y., on and after Jan. 1st, 1901.
See statement under "Annual Reports." V. 71, p. 1015, 866.

—

New England Brick
offer at par

Co.

and accrued

Bonds Offered.— Adams & Co.
by advertisement on an-

interest,

other page, $500,000 of this consolidated company's $717,000
outstanding first mortgage sinking fund gold 6s, due Aug. 1,
sinking fund of 3 per cent
1920, authorized issue $850,000.
per annum sufficient to retire entire issue at maturity will
draw at 110 per cent and accrued interest, if bonds cannot be
bought for less in open market. The principal and semiannual coupons, February and August, are payable at Old
Colony Trust Co., trustee, Boston. The advertisement says:
The company is a consolidation of 25 brick manufacturing concerns
operating 34 plants, the most important yards being located in Cam
bridge, Belmont, Medford, Taunton. Middleboro, Bridgewater, Greenfield, Turners Palls, East tsrookfleld and Lancaster, Massachusetts,
East Kingston, Epping and Rochester. New Hampshire; York and
Saco, Maine, and Mechanicville, New York. The properties consolidated have been appraised at $2,070,000, of whioh f per cent is real
estate. This issue of bonds is— with two small exceptions, to cover
whioh bonds are held in trust— a first mortgage on all property now
owned or hereafter acquired, and is absolutely limited to $850,000.
The company retains $100,000 of this bond issue in its treasury for
future needs, and from the proceeds of bonds sold will have a working cash capital of $400,000. This will give a total value of plant and
quick assets of $2,500,000, or nearly three times the first mortgage

A

—

—

indebtedness.

The

consists of: Preferred stock, authorized,
common stock, authorized, $2,000,000; outstanding, $1,119,500.
An expert investigation of the books of the representative concerns entering
the consolidation, it is stated, "shows a rate of profit per
thousand of bricks sufficient on this year's output to show interest and sinking fund
charges earned four times
equivalent to 7 per cent on preferred stock and 6 per cent
capital stock

Smokeless $3,000,000; outstanding, $1,705,500;

Massillon (Ohio) Telephone Co.— lasted in Cleveland.—
The Cleveland Stock Exchange has listed the company's
$75,000 capital stock

each $100 share), the remainder to be applied as follows:
52,168 shares of new preferred to the present holders of preferred

of 5 per cent 20-year bonds.

Mexican Coffee & Rubber Growers' Association.— Stock
company, with main office in the Land Title on common stock."— V. 71, p. 1070.
Buildins, Philadelphia, is offering $500,000 of its $5,000,000
New York & Pennsylvania Telephone & Telegraph Co.—
of " full-paid and non- assess able stock " at par, namely $1
Bonds
E. H. Rollins & Sons are offering at 96 and
Offered.
per share. An advertisement says:
interest $200,000 of the company's $1,000 general mortgage
The company requires additional funds for the purpose of erecting
sugar mills and machinery, building additional steamboats (the com- sinking fund 4 per cent gold bonds, dated Nov. 1, 1899, and
pany already has two), operating timber and plantation foroes, and due Nov. 1, 1929, interest payable May 1 and Nov. 1 at the
concessions. The company owr s in fee simple, clear of all incum- Washington Trust Co., New York, trustee. A circular says
Offered. —This

—

:

brances, with no debts whatever, 100,000 acres of the choicest selected
tropical lands in the heart of the cofifae and rubber belt, a part of
whioh is already under cultivation. It enjoys valuable concessions
from the Government of Mexioo, including a subsidy for carrying the
mails.
Directors: W. M. Hoagland, New York, President, formerly Treas.
Royal Baking Powder Co.; A. H. Dunoan, St. Louis; W. W. Hanna,
New York; B. Gordon Bromley, Philadelphia; J. C. Gilbert, New York,
Vice- Presid eat Merntt Air Brake Co.; David M. Lines, New Orleans;

G. W. Kimball, Wilmington, Del.. Secretary Delaware Trust Co.; Jacob
Mansar, Chicago; Gen. B. M. Gano, Dallas, Tex.; Percival S. Jones,
New York.

—

Missouri River Power Co.— New Company. A press dispatch to the " St. Louis Globe Democrat" on Nov 22 said:
The stockholders of this company which recently absorbed the
Helena Water & Electric Power Co., have paid in $500,000 in cash to
complete the electric line to Butte. The line to Butte will be 66 miles
long and is now being built. It will be completed July 1 and will have
capacity of 4,000 horse-power delivered at Butte. Contracts have
already been made for $.$75,000 for power next year. Tne Amalgamated Copper Co. has contracted to take 20,000 horse-power at Butte,
and the East Helena smelter is already receiving 1,500 horse power.
The company has a capital stook of $2,000,000, and among the stockholders are the Helena & Livingston Smelting & Reduotiou Co., $800000; Amalgamated Copper Co., $800,(00; W. A < lark, $200,000; exMayor Abram S. Hewitt, of New York, $100,000; W. S. Gurnee.of New
York. $200,000; Barton8ewall, of New York, $100,000. Thecompany
now owns a plant at Canyon Ferry, near Helena, on the Missouri
River.

The President

of the

company, Chas. F. Cutler,

also the PresiThe stock of the

is

dent of the New York & New Jersey Telephone Co.
New York & Pennsylvania Co. has received uninterrupted

dividends

of 6 per cent since 1887, with the exception of two quarterly dividends in the year 1892. The capital stock is $1,000,000, general
mortgage 4 per cent bonds (authorized, $1,000,00.\) outstanding,
$275,000; first mortgage 5 per cent bonds (originally $300,000) reduced by sinking fund to $291,5CO. Of the authoiized issue of
$1,000,000 general mortgage bonds $291,500 are held by the trustee
under the general mortgage for the retirement of an equal amount
et first mortgage 5s. Additional issues of general mortgage 4s will
be made from time to time for the purpose of extending the field of
operation and the actual acquisition of property. The present bonds
outstanding, inoluding this issue of 4s, amounts to $566,500— less
than one-third of the plant investment, whioh consists of real estate
in important cities, over 10,000 stations and nearly 7,000 miles of
trunk lines. The general mortgage 4s will receive the benefit of an
annual sinking fund, beginning Nov. 1, 1901, equal to the sum of $10
for each and every of said bonds issued and outstanding on the days
of such oayment respectively.

The annual report for 1899 was cited in V. 70, p. 1093.
New York Suburban Water Co.— Indebtedness— The referee finds the amount of interest due on the $1,180,000 bonds
on Oct. 1, 1897, and since, to be $120,200 with interest.—V.
71, p. 392.

People's Gas Light & Coke Co. of Chicago.—Natural Gas
See Indiana Natural Gas & Oil Co. above.— V. 71,

Decision.

—

National Rice Milling Co. Reduction of Capitalization.
The stockholders of this company, which was organized p. 1015, «70.
under the laws of New Jersey in 1891 (see V. 55, p. 49 ) are
Pillsbury-Washburn Flour Mills Co., Limited.— Earnasked to consent to a reduction in the 8% cumulative preferred ings.— The net profit for the year to August 31. 1900, includstock from $2,000,000 to $1,000,000, and the common stock ing £1,147 brought forward, amounted to £135,081, leaving,
from $3.00 \000 to $500,000. At the same time the par value after paying the interest on the debentures, a balance of
of the shares of both common and preferred stock will be re- £85,151, to be appropriated as follows: Interest and sinking
duced from $100 to $10 a share, and the preferred stock will fund on preference income certificates, £14,000; dividend on
be made non-cumulative. The ontstanding stock is reported the 8 per cent cumulative preference shares £40,000; divias $1,304,200, preferred and $1,867,000 common, issued to ac- dend on the ordinary shares, 4 per cent, £30,000; addition to

—

—

—

THE CHRONICLE.

1124
reserve

fund,

forward,

£10,000; carried

£1,151.— V.

70,

p. 1009.

Portsmouth (0.) Telephone Co.— Listed in Cleveland. —
The Cleveland Stcck Exchange has listed the company's
$100,000 capital stock and $60,000 of 20-year 5 per cent bonds.

Railway Electric Refrigerating Co. Incorporated.— This
company has heen incorporated in Delaware to manufacture
machinery for producing ice and refrigerating mixtures.
Authorized capital stock, $6,000,000. Incorporators: Q-. W.
Kimball, of Wilmington; G. F. Fish, of New York City; H
L. Richardson, of Plainfield, N. J. Niles & Johnson of 11
Wall St. are the company's attorneys,

[Vol.

LXXL

will be incorporated in New Jersey shortly with about $25,000,000 capital stock and there will probably be a bond issue.
The following concerns, among others, it is understood, will
join the combination :
Atlantic Coast Lumber Co. of Georgetown, S. C. (see V. 71, p. 914);
Benning Lumber Co. of Edenton, N. C; Camp Lumber Co. of Franklin,
Va.; Cape Fear Lumber Co. of Wilmington, N. C; Gav Manufacturing

Co. of Suffolk, Va.; Greenleaf-Johnson Co. of Norfolk, Va E. E. Jackson & Co. of Washington, D. C; Roanoke Railroad & Lumber Co. of
Norfolk, Va Roper Lumber C\ of Norfolk. V*.; Suffolk Sawmill Co.
of Suffolk, Va.; Surry Lumber Co. of Baltimore; Tunis Lumber Co. of
Baltimore; W. W. Tunis Bros.' Lumber Co of Norfolk; Virginia Sawmill Co. of Norfolk, Va., and Wiley, Hasker
Co. of New York.
;

;

&

& Co.

and Charles R. Flint of New York,
it is said, will finance the undertaking, and €k>v. John Walter
Republic Iron & Steel Co.— Amendment. The directors Smith of Maryland is interested. Joseph Auerbach of New
on Tuesday last voted to cancel the right given them under York will attend to the legal details. Col. Waters of Baltithe certificate of incorporation to mortgage the property more, it is expected, will be the President.
without the approval of the stockholders. The action of the
United Power & Transportation Co.— Statement. The
majority of both classes of stock will therefore hereafter be " Philadelphia
News Bureau " quotes a director as saying

August Belmont

—

—

necessary to authorize a mortgage.

— V. 71, p. 559, 453, 436.

:

Rio Hondo Copper Co.— Stack Offered.— This company,
office at 71 Broadway, is offering at $1 per share a limited amount of its full-paid capital stock, $5,160,000 of which
being a controlling interest, has been deposited under "a five
years' voting trust with the West End Trust & Safe Deposit
Co. of Philadelphia as a guaranty of good faith. The prowith

ceeds of the present issue is to provide for the building of a
500- ton plant, to be running in 1901.
The property is in the
Fraser Mountain group.

—

Rogers Locomotive & Machine Works.—Dissolu Hon
The stockholders will vote Dec. 27 on dissolving the corpora-

No purchaser,

understood, has been found for the
plant on the basis laid down by Jacob S. Rogers.— V. 71,
tion.

" Our passenger gross receipts have increased over $204,000 for the
10 months ending October 31, 1900. Gross earnings for the year
should reach $2,750,000.
"The prooeeds of the last call, $1,250,000, have gone into doubletracking, extensions and equipment There is no floating debt, all
money for construction being provided bv the proprietary company.
We want to add 30 or 40 miles of new track next year to the mileage
of our 13 properties. When the call for the balance of $5 per share on
the stock will be made will depend on improvement and extension
work. The idea is to oonnect up many of our at present separate
properties by building connecting lines, and this is in view with regard
to some of the lines extending toward Norristown and around Reading.
Someday— a thing of the future— we hope to have a continuous line
from Philadelphia to Harrisburg. As the extension work is carried
out, we expect to have subscription privileges for United Power
stockholders ' V. 71, p. 699.

—

it is

p. 43S.

Sioux City Stock Yards Co.— See report of International
Packing Co. on page 1118.—V. 71, p. 817.
Star Match Co.— Stock Offered.— Daniels & Co., 6 Wall
New York, are offering at par a block of the company's

St.,

6 per cent preferred stock.
The common stock is $400,000, all out preferred stock,
6 per cent cumulative. $100,000 par value cf shares, $100.
President, Mathais Stipp
Secretary and Treasurer, J. S.
Miller, 201 Board of Trade Building, Scranton. The company's woiks are also at Scranton. The company was incorporated in New Jersey in July, 1900.
;

United States Cast Iron Pipe

—The general offices of

& Foundry Co.— New York

company are being transferred from Chicago to 80 Broadway, New York. The company owns fourteen plants located in Burlington. N. J.;
Pittsburg, Buffalo, Cleveland, Cincinnati, Columbus, O. West
Superior, Louisville, Anniston. Bessemer, Chattanooga. S.
Pittsburg, Ala.; Bridgeport. Tenn., and Newpoit, Ky. The
yearly capacity is about 450,000 tons. Only eleven of the
plants are at present in operation, producing at the rate of
about 350,000 tons.— V. 71, p. 454.
Offices.

the

;

;

;

Co. of Covington.— Sale.— The
advertised to take place on Dec. 10,
at 10 o'clock a. m., at the entrance to the United States Court
in Covington, Ky.—V. 71, p. 1023, 713.

United States Pneumatic Horse Collar Co.
till

United States Telephone Co. of Cleveland, O.— Increase
The company, it is stated, has increased its capital

Suburban Electric (Light)

bankruptcy sale

is

now

—

Tamarack Mining Co.— Dividend Increased. The company yesterday declared a dividend of $10 per share, making
$17 for the calendar year, against $10 for the rear 1899 and
$8 for 1898. The dividend is payable Dec. 28 to stock of
record Dec. 7.—V. 70, p. 1099.
Temple Iron Co. of Scranton, Pa.— Stock, Bonds and
Guaranty.— Montgomery Rollins & Co., of Boston, and Ed-

Subscrip-

— Public subscriptions for the unsubscribed 6 per cent
cumulative preferred stock, par $1, will be received at 50
cents per share
Dec. 15. — V. 71, p. 140.
tions.

of Stock.

—

stock to $2,000,000.
Listing in Cleveland of Securities. The Cleveland Stock
Exchange has listed the securities of the following companies,
which are understood to be closely allied to the United States
and Cuyahoga Telephone (independent) Companies:
Youngstown Telephone Co.
Akron Peoples' Telephone Co.
Citizens' Telephone & Message Co.
Portsmouth Telephone Co.
Massillon Telephone Co.
of Fostoria, O.
See separate items as to each company. V. 70, p. 133.

—

—

Western Electric (Bell Telephone Manufacturing) Co.—

mund

—

T. Moulton, Providence, are offering $500,000 of the Mortgage. The company has made a mortgage to the Chicompany's $2 500,000 6 per cent stock at 105 and interest (par cago Title
Trust Co., as trustee, upon 225,000 square feet
$100), and $250,000 c fits $3,500,000 4 per cent guaranteed of land at West Polk St. and the river in Chicago, to secure
$1,000 first mortgage gold bonds at 102^ and interest. The $500,000 five year 4 p. c. gold bonds, with interest payable
bonds are dated Jan. 1, 1899, and are due Jan. 1st, 1925; they at the Bank of New York, National Banking Association.
are subject to earlier redemption only when drawn by lot for The construction of a cable factory on the property began
the sinking fund from time to time at a price not exceeding recently. The bonds are given to discharge prior encum110 and accrued interest. Their interest is payable Jan. 1 and brances on land recently purchased by the company for the
July 1, at the Guaranty Trust Co New York. The stock is extension of its manufacturing plant. V. 71. p. 506.
subject to call at par and accrued interest after Jan. 1, 1904,
Wheeling Lake Erie & Pittsburg Coal Co.— Decree Exon six months' notice, but absolutely payable by the railroad
companies Dec. 31, 1906. Both stock and bonds are guaran- pected. It is expected that a decree in the foreclosure suit
will be entered in the course of the next few days. V. 71,
teed by the following railroads:
37.
p.
Del. Lack. & Western Ry.,
Lehigh Valley RR.,
Central RR. of New Jersey,
Erie RR.,
Wisconsin (Bell) Telephone Co.— Increase of Stock.—
Reading Co.,
N. Y. Snsq. & Western Ry.
stockholders on Nov. 26 voted to increase the capital
The
An advertisement furnishes also the following:
stock from $3,000,000 to $5,000,000 for improvements and
The Temple Iron Co. is a corporation existing under the laws of Ihe extensions.- V.
69, p 233.
State of Pennsylvania, and owns large and well-known ooal properties aggregating (as certified to by experts) 45,000,010 tons of unYoungstown (Ohio) Telephone Co.— Listed in Cleveland.
mined anthracite ooal. The present output from the mines is about
The Cleveland Stock Exchange has listed the company's
1.500,000 tons per annum, which tonnage is shipped over the rails of
the above-named railroads, guarantors of the stocks and bonds. The $200 000 capital stock and $125 000 of 6 per cent 20-year bonds.
guaranty of the principal and interest of the above securities by the
railroads has been approved by our attorney, copy of whose opinion
will be submitted upon application, together with copies of the trust
Attention is called to the offering by Messrs. E. H. Gay
deed and other papers. The form of guaranty was drawn by George
Pekin Terminal Railway thirty-year fiveof Peoria
Co.
F. Baer. Esq.
A sinking fund is set aside equal to 15c. per ton on all ooal mined by per-cent bonds. The company owns between Peoria and
the oompany, which sinking fund will have amounted January 1 next Pekin, III., a distance of 10 miles on the west bank of the
to approximately $400,000, assuring a very rapid reduction in tne
River, a steam railway capable of handling heavy
outstanding Indebtedness. Securities outstanding: Capital stock, Illinois
and also equipped for the operation of interurban
freight
first
less
$2,500,000;
mortgage gold bonds, $3,500,000,
amount redeemed by sinking fund.— V. 69, p. 441, 233.
The company owns union stations in both
electric cars.
Pekin, and further operates a steam terminal
and
Peoria
Troy Steel Co.— Referee's Report. —Referee Frederick
and switcning for connecting
Towntend reports the indebtedness as follows: Principal cf railway interchanging with
particulars, including the earnings,
Further
lines.
steam
bonds unpaid, $1,331,000; interest July 2, 1897. to Nov. 20,
etc., will be found in the advertisement on another page.

&

—

,

—

—

—
&

1900, $270,636; total, $1, 601,636. -V. 71, p. 867, 817.

United Lnmber

& Timber Co.— Consolidation.— Under

this title, it is proposed to unite leading North Carolina pine
interests, owning several hundred thousand acres of timber
lands (together with lumber rights on additional lands),
covering a belt about 50 to 60 miles wide, extending from the

James River, Va., through North and Souih Carolina as far
as Charleston in the latter State. The company, it is said,

—

&

—Farmers' Loan & Trust Company will pay dividends on
a number of securities, a list of which will be found in another column.
Winslow, Lanier & Co. will pay dividends on a number
of securities, list of which will be found in another column.
N. W. Harris & Co. will pay dividends on a number of
securities, list of which will be found in another column.

—

If

——
..

December

THE CHRONICLE.

1, 1900. J

1125

COTTON.
Friday Night, November 30, 1900.
The Movement op the Crop, as indioated by our telegrams
from the South to-night, is given below. For the week ending
Friday Night, Nov. 30, 1900.
this evening the total reoeipts have reached 234,844 bales,
The observance of a national holiday, on Thursday, Thanks- against 283,085 bales last week and 278,572 bales the previous
giving Day, has had a tendency to interrupt business to some week, making the total receipts since the 1st of Sept., 1900,
extent. The approach of the end of the calendar year and the 3,362,916 bales, against 3,045,852 bales for the same period of
Christmas holiday season also has begnn to cast its iofluence 1899, showing an inorease sinoe Sept.l, 1900, of 317,064 bales.
upon business activity in some lines of trade. The ueual
Mon.
Wed. Thurs.
Sat.
Tues.
Fri.
Receipts at—
Total.
tendency to close out old contracts and even up accounts
The under tore
generally is becoming more apparent.
16,971 17,506 31,698 15,625 8,171 15,732 105,703

c^WyiB^^rKT. epTtomeT

of con6dence, nevertheless, has continued general, with
The squeeze in Noprices as a rule well maintained.
vember contracts in the Chicago corn market, which has
attracted considerable attention in speculative circles, was
carried to a successful close by a private settlement on
Wednesday. The apprehension in speculative markets over
the eerious illness of the Czar of Russia has been allayed by
the reported improvement in his condition.
Lard on the spot has had a slow sale and under increased
offerings prices have declined. The close was quiet at
7'37^c for prime Western and 7c. for prime City. Refined
lard has been in slow demand and prices have weakened
with the raw product, closing at 7*45c for refined for the
Continent. Speculation in lard for future delivery has been
moderately active, hut at lower prices. Increased receipts
of hogs and freer off f rings of actual supplies have been the
depressing factor. The close was quiet.
DAILY OL08ING PRICES OF LARD FUTURES.
Wed. Thurs.
Fri.
Sat.
Hon, Tues.
7-65
7-52
7*37
HollNovember
745

Deo

day.

,

7-37

Mobile

7,814 12,007 20,056 12,893
719 2,128 1,395
264

14@10 lbs. average. Beef has been quiet and easier,
closing at $9 for mess, $9 50@10 50 for packet, $10@11 50 for
family and $14 25@ 15 25 for extra India mees in tcs.
Tallow has been quiet and slightly easier, closing at
4%c Stearines have had only a limited sale, closing
at 8@8J^c. for lard stearine and 6%@6%c. for oleo stearine,
Cotton- seed oil has dragged and prices have weakened to
31@31J^c. for prime yellow. Butter has been in moderately
active demand and steady, closing at I8@25c. for creamery.
Cheese has had a fair sale at eteady prices, closing at
9^@ll}£c. for State factory, full cream. Fresb eggs have
been in light supply and prices advanced to 27c. for choice
lies,

Western.
Brazil grades of coffee have continued to meet with a slow
and the tone of the market has been unsettled. Early
in the week there was a slight rally in prices, based on a
falling off in the Brazil crop movement, but under continued
free offerings the improvement was lost. The close was
steadier at 7^c. for Rio INo. 7. West India growths have
been dull and nominally unchanged at 9%@10c. for good
Cucuta. East India growths have been without changes.
Speculation in the market for contracts has been fairly
active. At the opening of the week a falling off in the crop
movement stimulated a demand from shorts to cover contracts, and prices advanced.
Bear operators, however, continued aggressive and the improvement was lost. At the
close firmer European advices again steadied the market.
The following are closing asked prices:
sale,

Dec
Jan
Feb

6'10o.
6-15o.
6-25o.

I

March

6-300.
6*35o.
6-40o.

and

April

June

6-45o.

6'50o
July
6*60©;
May
Sept
Raw sugars have been in small supply for near-by delivery and prices have held firm at 4%c for centrifugals, 96-deg.
I

I

muecovado, 89-deg.test. Refined sugar has
been unsettled at 5-45@5-60c, for granulated. Teas have sold
at lower prices for most grades. Other groceries steady.
Kentucky tobacco has had a limited sale at unchanged
prices. Seed leaf tobacco has been moderately active at
steady prices. Sales for the week were 2,250 cases, as follows 1,300 cases 1899 crop, Wisconsin Havana, ll@13c; 350
cases 1899 crop, Pennsylvania seed, 12c; 50 cases 1899 crop,
New Ecgland Havana, 30@50c. 50 cases 1899 crop, New England seed, 25@33c; 100 cases 1898 crop, Gebharts, 13c, and
400 cases 1899 crop, Zimmers, 14 3^@16c; also, in bond, 1,500
bales Havana at 35@90c and 125 bales Sumatra at 80c@$l 70.
The demand for Straits tin has been very moderate, and at
the close, reflecting weaker foreign advices, prices declined,
closing easy at 27 50@27"75c Ingot copper has advanced
slightly, but the close-was quiet, with Lake quoted at 17c
Lead has been without changes at 4-S7^ for domestic
test,

542
82,393
5,535
4,545
38,041
1,948
6,360

196

833

Ac

Pensaoola,

7,316

5,392

7,753

7,035

550

1,240

513

141

267

290

2,412

1,162

1,739

3,711

1,931

3,128

1,343
1,288

982

902

1,016

2,400

1,018
3,953

149

389

4,545
5,047
1,948
2,916
1-2
2,149
15

5,498

Bronsw'k.Ac.
Pt. Royal.Ac.

Wilmington....

Wash'ton.Ao.
Norfolk........
N'p't

Tot. this

Ac

week

15

1,942

13,012
2,693
5,650
10,291
1,942

244

782

2,693
1,375
1,634

Baltimore
Phlladel'a,

122
6,270

777

1,726

News, 40.

38,156 44,651 69,060 45,249 27,4=9 60,239 284,844

The following shows the week's total reoeipts, the total since
Sept, 1 1900. and the stook to-night, compared with last year.
,

The demard

for pork has shown no improvement, but
prices have held steady at $12@12 25 for old mess, $12 50^13
for new mess, $15 50@16 for family and $14@16 50 for short
clear. Cut meats have sold slowly, with the tendency of
prices in buyers' favor, closing at 6c. for pickled shoulders,
$}4@t%c. for pickled hams and 83^@9J^c. for pickled bel-

542
9,627 19,996

Sab. Pass, Ac.

New Orleans...

1900.
Receipts to
Nov. 30.

1899.

This
week.

Since Sep.
1, 1900.

This
week.

878,046
11,594

Galveston... 105,703
542
Sab. P., &c.

Stock.

Since Sep.
1,

1900.

1899

241,457

79,969 1,015,659
1,207
15,434
65,756 766,489
5,614
85,852
3,458
40,593
26,101
508,499
486
45,558
6,471
146,159

New Orleans

82.393 1,115,026
71,541
5,535
47,861
P'saoola, &o.
4,545
Savannah... 38,041 540,965
42.201
Br'wiok,<bo.
1,948
5,360 159,613
Charleston..
122
336
P. Royal, Ac.
6,270 172,641
Wilmington.
388
15
Wanh'n, Ac.
Norfolk .... 13.012 193,280
18,662
2,693
N'portN.,Ao
15,912
5,650
New York..
10,291
71,893
Boston
1,942
14,980
Baltimore .
782
Philadel.Ao.
7,977

Mobile

90

913

8,498

162,378

11

526

13,473
115

172,407
5,099
6,455
23,305
36,421
14.105

250
3,475
5,368
2,667

In order that comparison
at—

Receipts

may

be

307,241
28,416

336,169
37,184

....

.....

95,445
7,202
19,992

128,834
16,661
32,984

......

-•....

9,946

20,871

...._

m»ms»

28,772
10,056
49,366
38,000
12,164
3,475

36,536

251
106,033
30,000
21,853
5,014

851.532 1,004,553

made with

other years,

totals at leading ports for six seasons.

1900.

1898.

1899.

Galves'n.Ao.

1896.

1897.

106,245
82,393
Mobile
5,535
Savannah...
38,041
Ohas'ton, &r.
5,482
Wllm'ton, Ac
6,285
Norfolk
13,012
N. News, Ao.
2,693
All otherB...
25,158

81,176
65,756
5,614
26,101
6,561
8,499
13,473

109,384
103,999
11,108
46,717
17,867
18,032
38,596

115
15,704

wk. 284,844

222,999

New Orleans

Tot. this

532,163

*.....

284,844 3,362,916 222,999 3,045,852

we give below the

1899.

1895.

52,092
74,157
10,308
42,799
14,883
11,019
30,862

1,191
48,003

104.723
129,053
16,765
50,165
18.570
16,632
28,370
1,225
36,332

1,171
28,621

42,062
77,889
8,192
32,014
14,784
12,210
14,515
8,274
17,061

394,897

400,835

265,902

227,001

3J£c. for

*inoe Sept. 1 3362,916 S045.852 4409,201 4142,666 3820,873 2687,551

The exports for the week ending this evening reaoh a total
whioh 82,823 were to Great Britain. 24,716
to France and 95,388 to the rest of the Continent, Belcw
of 202,927 bales, of

are the exports for the

week and sinoe Sept.

1, 1900.

:

;

Week Bndint Nov. SO
Bxvorted to—

Exvortt

from—

Great
Brit'n.

J&lveston

24,843

Sab. Pass, Ac.
New Orleans..

-

Spelter has advanced, closing steady at 4-30@435c for doPig iron has had a steady sale at unchanged
prices, closing at $13@16 50 for domestic.
Refined petroleum has been steady, closing at 7 25c in
bbls., 4-70c in bulk and 8 "550. in cases.
Naphtha unchanged
at 9'55c Crude certificates have been neglected. Credit
balances have advanced to $1 -07. Spirits of turpentine has
been dull, closing easy at 42%@43c Rosins have been in
small supply for the low grades, closing firm at $1 65@1*67X
for common and good strained. Wool has had only a small
Bale, but prices have been fairly well maintained.
Hops
have been firm but quiet.

domestic

Brunswick

France
10,182

1900.

1900. to Nov.
Exported to—

8«vt.

1,

Conti- lotal
Great
France
nent. Weih. Britain.
42,366

77.390

328.328 101,671
....

23,569
2,152
3,100
13.630

14,313

Conti-

nent

lottn.

.

147,062
5,547
23?,5;1

24,004

3,300

15.303

8,607

22,237

100,976
16,997

21,005

7,400

7,400

69.673

236,271
6,666
44,911

10,530

10,530

66,310

94.895

1B1.2C5

1.800

300

4,766
73,024
135,976
27,015

3.458
60.B90

1,800
8.222
144,775

i

369,632 121,698
£0,r.22

5,124

....

.

soo
3,206

221

1,897

5,324

11,675

11,675

Baltimore
Philadelphia..

577.061

,545

1.445

e0,772
2,152

. .

N'port N., Ac.

30. 1900

5.547
723,881
25,146
42.607
358,252
23,553
114,584

22,890

....

Charleston
Port Royal.
Wilmington.
Norfolk

From

253
349

25}
849

10,761

849

7b0

136,7(59

9,824

36.839

1

850

San B\-an., Ac.

Total. 1889....

82,823

24,716

95.388 202,^27 1,237,572 258,405

865,111 2,361,088

78,289

48,288

P3.B19 215.093

876.028 2.0C9.643

783,256 345 359

.

.

.

.

,

:

THE CHRONICLE.

1126

In addition to above exports, our telegrams to-night aist
give us the following amounts of cotton on shipboard, not
add similar figures foi
cleared, at the ports named.
New York, which are prepared for our special use by Messrs
Lambert Barrows, Produoe Exchange Building.

fVoL. LXXI,

Futures.— Highest, lowest and closing prica*

We

&

at

New York
Z

.3-^.«

m

•

W&s

•

was

•

I

n

.

aa

on

»9

•

I

•

w

was

•

<«n

•

•

ibw

2

•

ON SHIPBOARD, NOT CLEARED FOB—
Leaving

Nov. 20 at—

Great
GerOther CoastBritain Fr'nce many. For'gn wise.

stock.

Total.

Savannah
Charleston
Mobile

New York

2.975 63,027
1,495 114,677
11,260
6,100
2,500
3,500
7,000
7,000
2,250
27,000

244,214
126,780
84,185
13.892
24,916

0,665 13,970 234,814

616,718

l

793,763
886,854

1

23.303 13,21« 8,152 15,379
37,294 41,001 33.701 1.186
7.560 3,700
3,600
"500
3,000

Orleans.
Galveston....
. .

"600

"sYb

"800

12,000

9,000

6,000

...

Other ports

73,697 51,219 62,2 3

Total 1900..

©©
da
too aw
ccco

I

New

I

9

!

o

s

©
to

2\"72

47,116
53,843

to

"1
1

1

a

'

82, 345

25,479 210,790
55,761 428,9*7

153, 191

Speculation in cotton for future delivery has been fairly
active, but the tone of the market has been somewhat unToe crop movement has shown something of an insettled.
crease, indicating that the recent advance in value has again
placed prices on a basis at which Southern planters were
willing to meet the market. Early in the week the freer
movement of the crop had a depressing it flaence. There
was moderate selling by some speculative holders to realize
their profits. The outstanding short interest appeared to be a
small one, and as there was no aggressive buyiDg prices yielded
Cable advices, particularly from the Continent, were
easily.
discouraging, complaining of an unsatisfactory condition of
business. Moderate selling for Continental account was reported in the local and Liverpool market and this, too, had its
influence against values. Subsequently, however, there deAdvices from Liverpool came unexveloped a better tone
pectedly better, based, it was claimed, on more favorable trade
reports from Manchester and disappointing small offerings of
cotton from America. The stronger foreign advices induced
local bull operators to become aggressive in their trading,
and on their purchases prices advanced. To-day there was
a moderately active market and prices advanced on limited
buving based on the strength of tbe foreign advices. The
close was quiet but steady at a net gain in prices for the day
of 4@12 points, exclusive of August, which was 1 point
higher. Cotton on the spot has been quiet, closing steady at
10J4c. for middling uplands.
Tbe rates on ana off middling, as established Nov. 21, 1900,
by the Revision Committee, at which grades other than
middling may be delivered on contract, are as follows.
o. l^e on Strict Good Mid. Tinged. c. 3 16 on
Fair
Middling Fair
% on Good Middling Tinged
Even
^on Middling Tinged
i«ofl
Btriot Good Middling
5 ieon Strict Low Middling Tinged
GoodMiddling
% ofl
Strict Low Middling
13 ofl
3i 6 ofl Middling Stained

Low Middling

Striot

7 ie off
off

%

Good Ordinary

Good Ordinary

Strict Low Mid. Stained... 1*8 ofl
Low Middling Stained
Ha ofl

liieoff

On this basis the official prices for a few of
the past week— Nov. 24 to Nov. 30— would be
UPLANDS.

Sat.

Good Ordinary.

10»4
10» J6
11

Good Middling.
.

GULF.
Good Ordinary.

Low

9 l„

913 lfl

Middling

10%
10'

1V>

fi

Sat.

ML on

Tue*

Wed

97,,

9&,fl

9^i«

9i5 I6

96 8

915,fl

10%

10i^, f 10 i ie 10U 16
11V|
11% 11*8

Good Middling.
Middling Fair..

STAINED.

Sat.

Low Middling...
Middling
Btriot Low Middling Tinged.

83i

9%
» 78

fflon
8»8
958
9*4
IOI9

9S,„

9i3„

e

10 78

10%

11

£

9%
934
1018

10 38

Holiday.

ion u
11%

85a
95s
934

Frl.
9 7 18
101, „

9'& |6

10%
lU'»ii

Tue* Weii Th
8»8

Prl

10>4

10?8

10%

Middling

9l 18
911 f

9U lf
10% 10%
107,

„

Wed Th.

1078

101,6

Middling..

9iv

91. a

9h«

Low Middling..
Middling Fair.

moil Tnei

the grades for
as follows.

Holiday.

Frl.

8%
9%
9%

10%
10k
10k
The quotations for middling upland at New York on
Nov. 30 for each of the past 32 years have been as follows.

Good Middling Tinged

1892. ...c 91E 16 1884 ....0.107,8 1876. ...0.123 6
1883
81 6
109, 6
1891
1875
7*4
1899
13%
1882
107 16
1890
97, 6
1874
f)»i«
1898
14%
5i3
IOI4
1881
.12
1873
16*4
1897
ie 1889
7
1880
12
1872
7"., 1888
9 a
1896
19%
1879
I0», b
12%
8»,
1887
1871
19
1895
93
513,
1878
1894
QH 1870
16%
ie
6 1886
97
1877
116,6
1893
1885
1869
25%
81,6
1()
Notm.— OnOot. 1, 1874, gradeB of cotton as quoted were ohangeo.
Aooordingto the new classification Middling was on that day quoted
3&c. lower than Middling of the old classification.
1900....C.1014

MARKET AND
Spot Marks?
Closed.

SALES,

Futures

Maukkt

Closed.

Sales of Spot

<fe

Oonthai

Ex-

Oon-

Con-

port.

tump.

tract.

To tat

1

I

I

©©

CO©

or>»i

occo

ccco

ceo

OQD

9

&9

coco

co©

coco

(XOO

OC<*>

CO~l

COCO

COCO
COCO

coco

coco

to

CO 01

CC CO

I

9

I

**>

coco

t-O

COCO

w

O>o

Oi

00 00
00 on
If

CC CO

o

O

if

wto

COCO
0,05

COCO
O>05

00 MO

coco

coco

aw
aw
CO 00
ccco

C CO
C

I

I

I

I

©

!

I

I

CO©

©

CC

cow

WW
WW

00 00

cr CO

©CO

<i«i
OXXl

CC CO

aw
cw

i

coco
crtn
COCn

coco

<ia

cow

9

©

©CO

Cf

<IO>
t->a

MK)

aw
Pen

cow

©CO

CO If

c-.

cow

a

cf
to to

©

©

coco

coco

cr.

9i

00 CO
#-05

*fe

tots

<©'~

co co

<rco

coco

C!1<I
CC

05 ^J

co

CO*

coco
occo

C5^

ci>-"

CO©

©CO
-jd
©-J

©CO

«D©

ob-g

coco

©© ©© ©©
on 00

er CD

M-too«

©

oa
WW

f

-5flb

aoo

~3W

©

O »c

00

CD

coco

to

CC©

«©
dw
w a«a

CD©
dos
COM

CO©
-id

©©
CB
a©

00 «3

K)<1

CO©

a ui

tOCJl

If

if

§8

"91

w

CD©
<ia

3
2.1

CO CD

i

coco

CO©

ebw

-

©

1

© ©© ©© ©© ©©
am c.o> •o-j •3-4
w w*» 0-1 1-0 Oilf

w

I

00

o»w

!

coco

tO 00

«*

M

I

COO
coo
CO©

coco

coco
occo

i

©© ©©

I

-CO

•vICO

d

00 00
•3 00

9

00
M©
MOO

coco
ccob

coco
«,0>

05O

coco

I

©©
GOOD
©w

coco
tntn

05

<1W
©CO

eio

do-

§

coco

9

ccco
otqd

coco
ccco
if.©

too,

I

0000
0000

!

coco
QCOO

I

•job

wo

to to

9

1

S
00 op

Total 1899.. 65 410 37,2^6
Total 1898.. 16^ 931 53,064

coco

•job

COCO

*-

©

CO©

1

'*o

CO©

I

II

©

m

CO©
CO©

cog

"iTanoH'

•

coco

00

M
o

1
I

3

WW
©a
I

9

o-.Oi
»t»to

acn
•aa

©© ©© ©© ©© ©©
oa -j-3. -q-3 0000 ccco
aa
coa moo com osa is.m coco

9

19

19

©© ©©
i

©CD

19

19

19

!9

©© ©© ©© ©© ©© ©© ©©
^•3 -300
aa a-3
OOM
©to aoo ccO oto
If-]
If *>

CO

I

I

§

I

I

tc co

©
w
to
9

1

it*

a
I

9

I

00

©
©
9

©
w
o
9

©
w
w

©

9

9

00

00

ci»

I

CO

w
CO
©
©

9

I

I

^2"
I

9

© ©©
OCCO

00
^1

©tO

©
w

©
a

CO

to

CO
•3
•3

9

9

©

°
M

9

wow
I
'

CO

-1
w
a
The Visible buPPLY of Cotton to-mpht,

°
O

I
'

as made up ny
cable and telegraph, is as follows. Foreign stocks, as well
as the afloat, are this week's returns, and consequently all
foreign figures are brought down to Thursday evening,
but to make the total the complete figures for to-night
(Nov. 30), we add the item of exports fron* the United States,
inducing in it the exports of Friday only,
Stock at Lirerpool
bales.
Itook at London
Total Great Britain stock
Stock at Hamburg
dtook at Bremen
Stock at Amsterdam.... ......
Stook at Rotterdam...........
Stock at Antwerp
Stook at Havre

1900.

1899.

1898.

1897.

494,000

781,000
2,000
783,000
25,000
189.000

973,000
3.000
976,000

593,000
4,000
597,000

13,000
195,000

1,000

1,000

8,000
174,000
1,000

13

000

507,000
15,000
179,000

200

200

300

200

4,000
73,000
2,000
27,000
2o\000
2,000

4,000
190,000
4,000
75,000
58.000
9,000

7.000
143,000
4,000
20.000
40.000
11,000

8,000
154,000
4.000
53.000
12

-itook at Marseilles
Stook at Barcelona
Stock at Genoa
4000
Stook at Trieste
555 200 4-43*0 418,200
Total Continental stocks.
3^8,<^00
Tetal European stocks
835 -iOO 1,3.58, 200 1.4K ,i0O 1,01 V200
'2,000
8.000
1,000
India cotton afloat tor Europe
41,000
Amer. cotton afloat tor E'rope. 601.000 487,000 1,049,000 92 .0
53 00
76.OO0
57,000
57.OO0
EurvPt Brazil.&c. ant for E'pe
15^,000 l^SOOO 186,<0i 17\000
Stock in Alexandria, Egypt
Stock in Bombay, India
152,000 203.000 161,000 150 000
nek in Unltea states ports.. 851.5.V2 1,004,5-3 1.3 o.^OL 1,0*7. <28
589 083
775 402 708.2
65l,i>65
Stook in D. 8. interior towns,
*o,034
34 025
19 0^0
3S.4 3
United States exports to-day..
Total visible supply
3,383, 150 4,072,20 i 4,919,405 4,0j3.436
Ot the above, totals of American and otner descriptions are as follows
I

1

j

i.

American433,000 634,000 87S.OOO 491.000
302.000 f 11.000 38*000 379.000
22.000
American afloat for Europe... 601,000 487,000 1,0*9 0«»n
85 1. 532 1,004, 53 1.315 801 1,087.12^
United States stook
775,402 7'H 70 589.0-3
United States interior stooks. 651,065
34,02o
3-4.53
19 050
20.0 i*.
United States exports to-day..
2,877,950 3,491,005 4 3 St>,lo5 3,802.236
Total American
Ea*t Indian, Brazil, Ac.—
i<5 000
102 000
61.000
87,000
Liverpool stock
J.000
4.000
2.000
13.000
Londonstook
46.300
39 200
26.200
44.200
Continental stooks
8.<-00
l.OOO
12.000
41,000
[ndia afloat for Europe
000
57.OO0
76.OO0
57.0OO
6
...
^u-vpt Brazil *r< afloat.
lfivOOO
186.000 175.0J10
Stock in Alexandria, Esypt... 155.000
152,000 203.000 161.000
Stook in Bombay, India.
5812.ni
;6 >,SOO 53
505 2<
Total East India, <&c...
2,877,950 3.401,005 4.359,1' 5 3,502,836
Total American..
373s3,loO 4,07. ,205 4,919 40> 4 03J.4d6
Total visible supply
3^d.
55s.l.
il'aad
middling Upland, Liverpool..
5l-*i«05S8C5.
IM40
7"
Middling Upland, New York..
? l*d.
6^ lrt d.
77 «d.
4Wied.
Egypt GoooT Brown, Liverpool
(i^d.
6-^d.
7»gil.
738(1.
Peruv Rough Good, Liverpool
3»<d.
3>*d.
5 7s'»
Broaoh Fine, Liverpool
**si*
3>«d.
3d.
V\»<15H&.
Tlnnevelly Good, Liverpool...
^ales.
$$T Continental imports past week have been 172,000639.05.)
The above figures indicate a decrease in 1900 of
bales as compared with samt date of 1899, a loss of l,5iC,'J55
bales from 1898 and a decline of 650,2S6 bales from 1&87.
Liverpool stook
Oontinental Btooks

bales.

>

I

.

•i

1

Saturday Quiet
Monday... Quiet at
.

Tuesday
Quiet.
Wednesday Quiet.
Thursday
.

Friday
Total.

Quiet at

%

Quiet
dec. steady

Very steady.
Steady

20

300

20
111
102
300

28

2,500

2,528

261

2,800

3,061

111
102
Holi day.

% adv.. Quiet

«

COP

..

'

December

at the Interior Towns the movement—that is the receipts
since September 1, the shipments for the
week and the stocks to-night, and the same items for the
oorresponding period of 1899— is set out in detail below.
for the

week and

Xov. 30.

0LO8IMQ QUOTATIONS FOB MIDDLING aGTTOM
Satur.

Galveston...

9%.

New Orleans

9?8

Savannah...

9%
9%

Charleston.

S^ie

M
>-»~ **«*»» to tots tO

jXrf^JOOO
CD
CO
MOo'co'-J !& 05 crtO O"-' tolololo bVw'tO ClOt *k 05 wlo'»-< -3 CO
>*»*• toK. i-»<i <JwcoiycO"-o
oi
os^ieo-'Cj'Mw — cotocfltoo

HQTMa
oo
f 00
CO i- If O CO ts CO c o o< 00 O W O 05 M -J Hi
I- 05 *• - 05 00 00 © O

MM

•->

W

tO

*-

,,

© 00 CO to to ©00 en CO wljj'to c^rS M^atOa>*0 to m 00 00 CO CO -J J> CO
<SWiOi^05^llt'C35C»Jlf>'CtOCuMtOaM5:COCnQCl(>.'0*-"'0505—|U«>CJi
OO^W©CO*>'Olt3WO'00~jMCOGO*-CO'-OCO|(kCDtOCO<l©Wat-WMW©

9ii, 6

9U 16
9%

9\

95s
9>l 16

9»8
9»8
9»«
98a

9%

10»e

jf O5Wt0
'«> 05 "tO

VCO

©
©

to
00
^J J
35 <l 0>"-a to"
i— CC » *• (O

i

MMM

-.frseoto-

lOlfl

Pi

lOifl

10*

10%

1038

85

Augusta

10

97„®10
9Hi6

9V»10
9%
9%
9%
^9

..
..

9%

10i«

9VS10
9is 16
91*16

giSjg
913 16

Louis....

9\

9%

10
9?8

10
9?8

1

9%
9»8

10
9*8

•OOCO^OO!

(DMIBO

*>•

Athens

©

Atlanta
Charlotte

9*8

Fri.

9U 16
9%
95a
9U 16
90s
90&
9S4
1018
1018
101*
916] 8

9%
934
9%

9*8
9*8

at other important

95s
93s

Oolumbus,Miss
Eufaula
Little Rook....

93s
913
98s
9&ie

Nashville

Natohez
Raleigh

8hrpveport
9^ Montgomery.
Weather Reports by Telegraph.— Onr advices by

^i

s

OlO^I"-

W

9%

ON—

Southern markets were as follows.

MS

«»Ht»

tOMtO'Oi"J>tO

»00©M03" ©WO0*> COtO-vIMM-J'*

i

Philadelphia

s-tse

9%

Columbus. Ga.
CO

•

i
•
t
•

9»8
9»8
98s

The closing quotations to-day (Friday)

8?

&}"» ^O

9%
9*
9*

Thurs.

Ids

IP-

-IO(BM *• 05MMb3to*»COMCCMV tO^-WOlOlCOtOCOW^CO
-^MOSflftOCOOOMMO tOJJJ 05©mW<ltOi(kfO<J'35ce CC 5'5 P'»'*'^i »*3

Wednes.

10>4
1018

Cincinnati
Louisville

fc

lues.

9!%
913 1S
10"4
10i«

St.

H
WtOkOj^OSCO

*»

Man.

Wilmington.
Norfolk
Boston
Baltimore .
Memphis....
(9

1127

Quotations for Middling Cotton at Other Markets.—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each dav of the week.
Week ending

f
UitOU<W

.

THE CHRONICLE.

1900. J

1,

.

.

9*a
9i*
95s
95 ]a
tele-

VS'9

i-J3<105^Jlf>-©tO|b-COX*.

graph from the South this evening' indicate that rain has
fallen in most districts during the week, but as a rule the
MI-CXMM tOMMtO
05-'tOM tO CO
©' 05
©
©05 or -^ oc o v> © o» © ce co tojfffl oo^^jjow
precipitation has not been heavy. In some portions of the
? ©
*> wt t coao
Vjm V'UjVc'w ©V wVac oi ©100? o< 1o u>w o<
©©"w^
co^jwfo^cjoocoao, W*>><lt0»J'CC0OO5"'CtO»J«;-J©»3toWt0tS305
Southwest, however, wet weather has interfered with the
o »
05 o> © w o £ ly ao © cdokcohco ji^jwoooo tc-jODM©tcoiMtacn
marketing of cotton.
to
Galveston, Texas.— Rain has fallen heavily on one d»y of
u
m to if t3 tO tO »3 10 MMO WMMC0 MM Ol
00
MWtS
00
"odoVc* m © -a *- «-i"to x 05^-) oo© w © © m o o'en'o <i oo© 01 bo CO^J CO
the week to the extent of one inch and eighty hundredths.
©«3 — © CH — t>'MifCn-Ji-©©|f.|fvlO5WC0^CO00©WMWMM— X ft*« id
The thermometer has averaged 61. ranging from 44 to 78.
Cn©X©X©C0t0a©if — MOcvlf~Jl«»C/'M©lfW^I--l«J-405«<tOW
»
Abilene, 7 exas.— Dry weather has prevailed all the week.
CO
Co
CO
•3
The thermometer has ranged from 33 to 86, averaging 57.
C.1COC005
OJM© MCOlfWiftOlftOCO eoCOCO^CtCOtCO'CO'fOM
CD tO if CO CO CO © X © © #< i» Ot Oi CO
ifXCnXX© H?
CO -J03O©~J©©
Corpus Christ, Texas.— There bas been no rain during the
Xo««a®^©<i^cn^V"<iM^M05lo"'^©%^l35x©'®'IfkV>'b5Vi "-C»
week. Average thermometer 66, highest 80 and lowest 52.
CQ^
»t0©X©vI^W«»O. MMtOO. XOO<— «JO5©MtOXO5t0t0©©tO© CO
Palestine, Texas.— Rain has fallen heavily on two days of
63
the week, the rainfall being one inch and eighty- eight hunX
MQ3MC0M tOtOCT; KIMJ-iMfrM CUM
MCJItOM CD
dredth?. The thermometer has averaged 58, the highest
03 ©V <1 C*5*C© oTf OiVdlVoH QCCC M"~)
00
M C tO If 03 00 X © to
bfiDg 82 and the lowest 31.
mmcj>m*»o> -x ©WMf O30-o«q©©; locooistoo^acii-MOo
weovji©Mif
co^OMif if if 03- hojwccooo-J' toawi tototSMCoxif ~iw
San Antonio, Texas.— It has rained on one day during the
week,
to the extent of two hundredths of an inch.
The
to &3
MCO
MVlMMbOM tO
XtO CM M M 15 W
©o»tow to*-©^-; ©co©©x©w~jM<i©cotoo)»3-aMif ©~jto
thermometer has averaged 59, raneiDg from 36 to 82.
tOaobi<»if 03 If x"ji"
WCO NSOoic if Icoxososlf ttO-q*. — bo "If
New Orleans, Louisiana. It has been dry all the week.
M £
cccoMCO©cocnif©; oixo5icxtoibMxcoif©coeMocno;aco©©
OOifCQMtOOxO' tO>-XCnWO MXCnCDCO«it0t0O5"J© if mtO<l
The thermometer has averaged 61
L'land, Mississippi.—There baa been rain the past week,
The anove totals snow tnat the interior stocks nave increased during the week 46,163 bales, and are to-night 123,437 the precipitation b-iDg one inch and seventy-five hunbales less than at same period last year. The receipts at al) dredths. Tbe thermometer averaged 54*4, highest being 78
and lowest 29,
towns have been 76,411 bales more than same week last Year,
Vicksburg, Mississippi.— "Rain ha3 fallen on three days of
Overland Movement for the Week and Since Sept. 1.— tbe week, the rainfall being sixty-nine hundredths of an
We give below a statement showing the overland movement inch. The thermometer has ranged from 35 to 80, averag•

o<MWx>0!)*»©coa5i

•

»wh«1'

ccw.»iy>eo350005<jaoj.M:o«jcow

MM

'<j

,jo

<1

tC-

1

n,

to

>-•

x.

CJ»

*>• CJI

•

—

"r-

for the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
Nov. 30 and since Sept, 1 in the last two years are as follows.
1900.

November 30.
Week.

1899.

Since
Sept.

1.

Sept.

1.

Shipped—
VlasSt. Lonla,

...

41,889
12,624
267
4.664

..

Via Cairo
Via Paduoah
.....
Via Rook Island
Via Louisville.... ..,
Via Cincinnati
Via other routes, Ac.
,

Total gross overland
..
Deduct shipments—
Overland toN.Y., Boston &o
,

Between Interior towns........
Inland, &c, from South

Total to be dednoted

....

359,388

6,364
3,566
9,287

372,738 46,311
90,612
9,488
762
4,966
410
28.732
5,098
43,085
6.942
21,622
77,444 9,170

78,661

639,199 78,181

693,273

18,665
10,487
2,056

110,762
5V.662
14,321

11,760
3,116
4,052

80,286
19,603
38,758

31,208

177,745

18,928

138,647

105419
6,206
5,851
89,465
58,798
68,146

Leaving total net overland*. 47,453 461,454 59,253 554,626
* Including movement by rail to Canada.
The foregoing shows that the week's net overland movement
this year has been 47,453 bales, against 59,253 bales for the
week in 1899, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 93,172 bales.
1899.

1900.

In Sight and Spinners'
Takings.

Week.

Since
Sept.

1.

Week.

Since
Sept.

1.

284,844 3.362,916 222,999 3,045,852
47,453 461,454 59,^53 554,626
Net overland to Nov. 30
Southern consumption to Nov. 30 28,000 364,000 29,000 375,000

360,297 4,188,370 311,252 3,075,478
9,209 532,219
46,163 607,338

Total marketed

320,461
Came into sight during week. 406,460
4,507,697
4.795|708
Total in sight Nov. 30

North'n spinners tak'gs to Nov. 30 80,338

Movement

939,646

into sight in previous years
Since Sept.

Week.

1898
1897
1896
1895

692,523 110,074

bales. 518.53

-

*

502,959
361.' 34
328.9J7

1898
1897
1896
1895

—We

Little Rock, Arkansas.
have had rain on four days of
the week, the precipitation being two inches and eighty-one
hundredths. Average thermometer 54, highest 74, lowest 34.
Helena, Arkansas. Tbe wet weather has interfered with
picking and marketing.
have had showers on three days
the past week, the rainfall reacting one inch and thirty hundredths.
Memphis, Tennessee,—It has rained on five days of the
week, the precipitation beiDg one inch and fifteen hundredths. Beneficial to cotton. The thermometer has averaged 49 6, ranging from 34 to 70*2.
Mobile, Alabama. We have had rain on two days of the
week, the precipitation beiDg thirty six hundredths of an
inch. Average thermometer 57, hignest 75 and lowest 37.
Montgomery, Alabama. It has rained on two days of the
week, the rainfall being one inch and twelve hundredths.
The thermometer has averaged 56, highest being 79 and low-

—

Since

Week.

ing 54.

1.

bales. 5.77b. 801

5,467,504
4,949,234
3,860,600

We

—

—

est 35.

—

Selma, Alabama. We have had rain on two days during
the week, to the extent of seventy-five hundredths of an
inch. The thermometer has averaged 59, ranging from 31
to 87.

—

Augusta. Georgia. Rain has fallen on one day during the
week, to the extent of fifty hundredths of an inch. Average
thermometer 56, highest 80, lowest 33.
Savannah, Georgia.— Rain has fallen on one d*y of the
week, to the extent of nine hundredths of an inch. The
thermometer has averaged 60, the highest being 82 and the
lowest 39,
Charleston, South Carolina. Rain has fallen on three
days of the week, the raintall reaching twenty-eight hundredths of an inch. The thermometer has averaged 59,
ranging from 39 to 80.
have had rain on one day
Stateburg, South Carolina.—
tbe past week, to the extent of seventy-four handredths of
an inch. The thermometer has ranged from 37 to 84, averaging 59-7.
Greenwood, South Carolina.— We have had rain on one
day of the week, the precipitation being one inch and fifteen
hundredths. Average thermometer 52, highest 64, lowest 41.
Charlotte, North Carolina. There has been rain on two
day 8 of the week, the precipitation reaching forty-seven hundiedths of an inch. The thermometer has averaged 56, the
highest being 78 and the lowest 34.

—

We

—

.

:
.

THE CHRONICLE.

1128

[YOU LXXI,

—

Sea Island Cotton Movement. We have received thisThe following statement we have also received by telegraph,
showing the height of the rivers at the points named at (Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The
8 o'clock Nov. 29, 1900, and Nov. 30, 1899,
receipts for the week ending to-night (Nov. 30) and since
Nov. 29. 'OO. Nov. 30, '99. Spet.
1, 1900, the stocks to-night, and the same items for the

New Orleans...

Feet.

Feet.

4-1

3-0
3'0

...Above zero of gange.
...Above zero of gange.
Above zero of gange.
Above zero of gat ge
Above zero of gange.

Memphis

Nashville
Bhreveport.

VlokEburg

166
318
104

132

12-7

1-9

corresponding periods of 1899, are as follows.
1900.

08

Receipts to Nov. SO.

India Cotton Movement from all Ports.—The receipts
of ootton at Bombay and the shipments from all India ports
for the week ending Nov. 29, and for the season from Sept. 1
to Nov. 29 for three years have been as follows:
1900.
Receipts at—

Since

Week.

Bombay

Since

Week.

Sept. 1.

173,000

For the Week.

Since

Week.

Sept. 1.

77,000 35.000

27,000

1898.

1899.

Sept. 1.

30,000

112,000

Since September

from—

Continent.

Britain.

Continent.

1900..

..

6,000

6,000

10,000

2,000

2,000

1,000

1,000

1,000

1,000

Total.

69,000
2,000
29,000

79,000
2.000
30.000

7,000
2,000
9,000

8,000
2,000
11,000

7.000
1,000
6,000

9,000
1,000
8,000

24,000
9,000
32,000

29,000
W.000
36,000

107,000
14,000
76,000

12^,000
14,000
85,000

2,000

Madras—
1900
1899
1898

2,003

4,000

2,000

2,000

2,000

2,000

1,000

4,000

5,000

3,000

3.000

4,000

9,000

15,000

18,000

7,000

7,000

9,000

2,000

All others—

1900
1899
1898

3,000

Total all—

1900
1899
1898

6,000

According to the foregoing, Bombay appears to show a
decrease compared with last year in the week's receipts of
Exports from all India ports record a gbin
8,000 bales.
of 15,000 bales during the week and since September 1 show
an increase of 111,000 bales.

Alexandria Receipts and Shipments op Cotton.Through arrangements we made with Messrs. Davis,
Benachi & Co., of Liverpool and Alexandria, we now
receive a weekly cable of the movements of cotton at
Alexandria, Egypt. The following are the receipts and
shipments for the past week and for the corresponding
week of the previous two years.
Alexandria, Eaypt,

November

1900.

28.

3,121

1899.

Since

This
week.

1898.

320.000
2,946,000

Sept. 1.

350.000
2,469,000

Since

This
week.

Sept. 1.

8mce

This
week.

Sept. 1.

Exports (bales)—
10,000 100.000 16,000 136,000 17,000 102,000
4,000 60,000 16,000 126,000 10,000 88,000

Total Europe

14,000 166,000 32,000 262,000 27,000 190,000

Of wtnoh to America In 1900, 13,403 bales; In 1899, 28,577 bales;

1

10 1898, 8,414 bales.

This statement shows that the receipts for the weeh
ending Nov. 28 were 310,000 oantars and the shipments to
all

Europe

14,000 bales.

Manchester Market.— Oar

report received by cable
to-night from Manchester states that the market is firm for
yarns and quiet for shirtings. The demand for both home
We give tbe
trade and foreign markets is improving.
prices for to-day below and leave those for previous weeks
ofithis and last year for comparison.

from—
8avannah.

Great Fr'nce

lbs. Shirt- Oott'n

Twist.
d.

d.

Oo. 26 838 »9»fl
Nov. 2 88§ 99*2

9 8»4 «938
«'
16 8&16«938
" 23 37,«3938
« 30 838"®939
••

New

common

to finest.
s.

d.

a.

d.

5 4ifl97 11
6 4»flt»7 11
5 4i«®7 11
5 5 t»8
5 5^318
5 6 ®8

8*4 lbs. Shirt- Oott'n

Mid. 32* Cop. ings, common Mid.
Twist.
Uplds
to fittest.
TJpldt
d.

d.

d.

s.

5 7 32 67l6®738

4

5»s2
5^32 7

4

67 16 '»788

©7 1

fl

f>»1»

7

5»8
508

7

a7»fl

7

®7ia

®7*s

1,

—

1900. North'n Mills.

Great Fr'nce

Total. Brit'n.

600

600 2,761
452

.

Charl't'n,&o
Florida, &o.

Total 1899..

d.

9
9

s.

til

d.

6

©7 6

4 10ifl©7
4 10ifla7
4 10»a»7
4 10i«©7

7»«
7i«
7««
7*«

d.

33i 83

4*32
43 1B

4 8 32

4^2

Orleans Cotton Exchange Crop Estimate —The

4,291

890

452

52

572

235

3,793

1,177

9,843

"i*76

1,172

1,079

1,079

4,209

1,703

5,915

1,167

5,?00

6,367 11,877

4,156 16,032

5,483

1,340 13,886

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, &o. 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 Nov. 30 at Savannah. For Georgias extra fine,
18(a) I8^c; choice, 19® 20c; fancy. 20}£@21c.
Charleston, Carolines, fine, 22c; fully fine. 23c; fully
fine to extra fine, 25c.

—

—

oomestio Exports op Cotton Manufactures. We give
below a statement showing the exports of domestic cotton
manufactures for October and for the ten months ended
Oct. 31, 1900, and for purposes of comparison like figures for
the corresponding periods of the previous
presented
Manufactures of
of
Cotton, (colored and uncolored)
Exported to

Quantities

—

yards.

Other Europe
British North America
Cent'l America & Brit. Honduras.
Mexico
Santo Domingo

Month

end/ing Oct. 81.

1900

IMi9.

925.010
i7.3wa
24.518
153.918
54 ',434
1, 215.920
339,3;0
255.(114

3 12,808

Cuba
Porto Rico
Otner West Indies and Bermuda..
Argentina

2.690.163
87.7f5
561,90.;

Brazil

523,010
3,e80,4»2
390.000
499,600

Colombia
Other South America.
China
British Bast Indies

7,70(

Japan

68,028
146,309

British Australasia
Hawaiian Islands
Philippine Islands

"

43.205
178,007
117,157

Other Asia and Oceanica
Africa

613,12*
47^
47,8rt6

55,047
476,562
1.306,71-9

785.646
67.661

year

are

also

10 mos. ending Oct. 31.
U- 00.

1899.

4,878.863
20.870
148.223
852,002
7,047,792
12.016,365

6.328,25*
25,810
269,209
1,040,773
10.6S7.689
12.173,703
7,909.310
3.0-4 626
12,877.454
6.155.611
16,050,298
1,649.638
6.149.177
6,736,824

1.2i»i,ti43

2.7f3.758

613.266
2.480.077
3,c52,h8*
312.860
1,753,269 18,071.015
214,909
1,242.505
989,317
3.521.988
626,525
3.599.263
73-.381 26.23W.504 1S.9U.928
16,029,453 100.968.632 18b.b92.650
612.1:02
60, 183

2b,765
216,49b
467.90*
27.308
6,956,393
891,601

Other countries

10.017,286
243,718
291,208
2,718,612
1,594,737
745,672
18.757.262
8.727.721
37.191

4,066.180
333,868
581,183
2,333.690
3.1.01,524

170,601
33,491.714
10,306,696
58.878

Total yards of above...

12,704.943

32,993,223 !29.783.8-<3 352.5-5.P0S

Total values of above.
Value per yard

$/83.t42
*-0617

$1,692,60* $12,695,235 $16,421,695
$•0613
$•0653
$'0466

Values of other Manufactures of
Cotton Exported to—
United Kingdom
France

GermaDy
America &
Mexico

Brit.

Honduras.

Santo Domingo
Porto Rico.
Other West Indies and Bermuda..
Argentina
Brazil

Colombia
Other South America
China
Briti sh

$166,431
2,822
34,229
24,466
206,523
45,691
43,620
2,191
12.636

Cuba

East Indies

Kong
4U 32 Hong
British Aust ralasta

average estimate of 100 members of the New Orleans Cotton
Exchange places the current cotton crop at 9.559.276 bales,
the extremes beiDg 8,899,000 bales and 10,326,000 bales.
Peruvian Cotton Crop.— Cable advices to Mr. Fr. Jac.
Andres, under date of November 25, from Peru indicate that
the market for Peruvian cotton is strong in consequence of

1,53^

"479 "996

York..
Boston
Balt.,&o
Total

Since
Week. 8ept.l.

Total.

<£c.

"479

New

Cent'l

8H

Since Sept.

30,

Brit'n.

Other Europe
British North America

1899.

1900.

32* Cop. ings,

52,417 25.392 22,846

Hong Kong

A oantar is 98 pounds

*

39,064 4,413

,

Germany
310,000
2,157,000

42,625 22,192 18,685
4,394 2,266 3,612
5,39c
934
549

3,218

—

United Kingdom
France

Receipts (oantars*)...
Since Sept. 1

540
655

30,605
4,666
3,793

The exports for the week ending this evening reach a total
1 ,079 bales, of which 1 ,079 bales were to Great Britain
to France and
to Bremen, and the amount forwarded to
Northern mills has been 1,177 bales. Below are the exports
for the week and since Sept. 1 in 1900 and 1899.
of

Week Ending Nov.

Bombay—
1899
1898
Calcutta—
1900
1899

558
235

1899,

Exports

Great
Britain.

Total.

2,328

Total

Slock.

Since
Since
This
This
week. Sept. 1. week. Sept. 1. 1900.

Charleston, &o.
Florida, &o

1.

Exports
Great

Savannah

1899.

14,697
1,826
3,176
1.787
6,950

16.623
1.789
14.866
1.420
5.0 6
4.661
2 006

612
148
219

1.276
1,981

20.924

Sl.i'i'9

Hawaiian Islands
Philippine Islands

426

23.851
...

Other Asia and Oceanica
Africa

Other count rk s
Tot. value of oth. manufact's of.
Aggregate val. of all cotton goods

New York

$26,814
2,736
16,c9«
8,298
148,352
27,741
49.6S5

1,076
17,0*7
2,489

Ml

$608,264

II.89M06

$890,916
24 669
416.729
167,350
1.931.623
342.618
446.315
46.173
87.668
1Z.8H6
100.101
11,819
82.867
34.116
61.11

4

27,410
4,1.5
7,868

277.4^9
211.355

866

6666

9,181
5.091

93,076

801

2!',601

$360.8C»

16419
167.166
86.261
1.817.636
237.621
379.886
11.1(8
169.S04
11.191
131,892
37,677
2^.618

67,668
13,126
8,599
10,018
190.105
881.M11
4.349
7H.1H5
97.-37
6.107

$402,731 $6,311,777 $1,243,030
$2,095.S93 l*l8,01». n lS $*0 661. '"6

Cotton Exchange— Crop Estimate.— A unounoement was made on the Cotton Exchange Monday
serious damage to the crop.
that the average estimate of 139 mamberi of the Exchange
Liverpool and Savannah Estimates. The average cotton
crop estimate of the Liverpool Cotton Exchange is 10,100,000 placed the present cotton crop at 10,075,000 bales, the highest
bales, and Savannah places it at 9,894,000 bales.
estimate beiDg 11,000,000 bales and the lowest 9, 100,000 bales.

—

—

December

.

•

THE CHRONICLE.

1, 1900.]

1129

Cotton Consumption and Overland Movement to Dec. 1. New York— (Concluded)—
To Hamburg, per steamer Pretoria, 100
consequence of the crowded condition of our columns
To Antwerp, per steamers British Prince

Total baltt.

— In

week, we omit giving the usual extensive details of the
overland movement. Below, however, we present a synopsis
for the month of November and the three months en led
Nov. 30, for three years.
this

680

British Queen, 403

..

ioo
(additional),

Kensington, z40

To Genoa, per steamer Archimede. 174
To Naples, per steambrs Aller. 200
Archimede, 100
New Orleans— Nov. 27— Steamers Collegian, 13, 2o4; Navigator. 4,725;

Texan, 5.580

To Havre- Nov. 26— Steamer Imaum, 10,313
1900.

1899.

Nov.

28—

Steamer Montclair, 4

1898

To Bremen— Nov. 6— Steamer Heathmore. 7 380
To Hamburg-Nov. 23— Steamer Matthew BeUlington, 240
.

Gross overland for November
bales.
Gross overland for 3 montbs
Net overland for November
Net overland for 3 months
Port receipts in November
Port receipts In 3 months
Exports In November
Exports in 3 months
Port stocks on November 30
Northern spinners' takings to Dec. 1
Southern spinners' takings to Deo. 1 ...
Overland to Canada for 3 months (included in net overland)
Burnt North and South in 3 months
Stook at North'n Interior markets Dec. 1
Came in sight during November
Amount of crop in sight Deo. 1
Came in sight balanoe season
Total crop
Average weight of bales

383,540
639,199
260,968
461,454

337,112
683,505
268,065
548,801

348,898
592,531
220,390
405,318

1,223,422 1,091,662 1,861,619
3,362,916 3,023,593 4,295,063
921,244 747,133 1.398.505
2,361,088 1,989,476 2,820,074
851,532 1,013,166 1,311,337

692,523
364,000

922,380
370,000

725,122
339,000

18,671
28,471
24,861
10
13,623
642
10,938
22,057
13,254
1,757,728 1,621.641 2,353,009
4,795,708 4,475,394 5,634.381
4 964,165 5,601,002
9,439,559 11235393
510-38
509 09
51640

—

Exports of Yarn from India to China and Japan.
give below a statement of the shipments of yarn from
India to China and Japan during the first six months of the

We

calendar years 187S to 1900, inclusive:
1 to
To China (bales
To Japan (bales
June, 30
400 lbs. each).
400 lbs. each.)
1878
519
22,528
1879
2,818
23,338
34,660
1880
2,469
Jan.

bales.

has rapidly declined and is now almost nil.
Jcte Butts, Bagging, &c.— The demand for jute bagging
during the past week has continued very dull, bat quotations
are unchanged at 7^c. for 1% lbs. and 73^c. for 2 lbs., stand
ard grades. Car-load lots of standard brands are quoted at
1%@1%c, f. o. b., according to quality. Jute butts dull
and nominal at l%c. for paper quality and I'S'dQbZ'&c. for

—As

di Messina, 5,625...

23 569

14,313
7 380

44^

1000
l'.OOO

'ioo

12,970

—

850 upland and *50 Sea Island
8.100
To Manchester— Nov. 23 Steamer Elton, 5,180 upland
and 350 Sea Island
5,530
,
To Barcelona Nov. .7— Steamer Cunaxa, 4,346
4,346
To Genoa— Nov. 27— Steamer Cunaxa, 4,261
4J26I
Charleston— To Bremen -Nov. 26— Steamer Ashfleld, 7,400.. 7,400
Wilmington—To Bremen—Nov. 24— Steamer Eastry, 10," 3
10 530
Newport News—To Liverpool—Nov. 23—Steamer Rappahannock, 300
300
Boston— To Liverpool— Nov. 20 -Steamer Cestrian, 4,290..*..
Nov. 23-Steamer Ultonia, 2,238
Nov. 24— Steamer"

Baltimore -To Hamburg— Nov. * 2— Steamer Bengalia, 253*'.
Philadelphia—To Liverpool— Nov. 26— Steamer Ikbal, 349
Total

\\ 675
*253

349
202,927

The particulars of the foregoing shipments, arranged in
our usual form, are as follows.
0reat French

Qer- s-Oth.E'rope-^ Mexico,

port: many. North. South.
221
3.206
100 1,323
474

Brit'n.

New York.

N. OrleanB. 23,569 14,313

7,820
+al veston
24,842 10,182 37,266
Mobile
2,152
Peusacoia
3,100
Savannah.. 13,630
Charleston
7,400
Wilmingt'n
10,530

N'p't

News

ronton

....

Baltimore.
Phil'delp'a

<tc.

Japan

Total.

5,324
60,772
77,390
2,152
4,545
22,237
7,400
10,530

1.000 14,070
5,100
1,445
8,607

300

300

11,675

11,675

253

"349

Total.... 82,823 24,716 63,369

253
349
7,423 24,596

202,927

Exports to Japan sinse Sept. 1 have been 700 bales from
New York.
Below we give all news received to date of disasters to
vessels carrying cotton from United States ports, &c.
Apex, steamer (Br), from Pensaoola for Genoa, which passed Gibraltar Nov. 27. has put back to Gibraltar with a boiler leaking
Assiduita, steamer (leal.), irom New Orleans, for Genoa and Naples,
with ti.797 bales of ootton, was abandoned Nov. 16, lat. 38 Ion
30. on fire.
Collegian, steamer, from New Orleans for Liverpool, with 13,758
bales of cotton, which returned Nov. 28 with steam pipe burs'ted
completed repars and sailed 29th for destination.
Hemisphere, steamer (Br.), from Galveston, for Liverpool, via Newport News, with 7,030 bales of coiton, put in at the latter port
on Are. The damage to the cargo will be considerable.
Manningtrt, steamer (Br.), Taylor, from Charleston, with 9.263
bales of cotton, arrived at Bremen and reports while at sea a
fire broke out on board in the forepeak.
The fire has been,
extinguished. About 200 bales of ootton were damaged.

Cotton freights at

New York

the past weefi|have been

memorandum on

the cotton crop of the season of 1900-01 was issued by the
Director- General of Statistics under date of Calcutta, October 23, as follows:
With one exception the reports from the cotton-growing provlnoes
are uniformly favorable. The abundant rain of August and September was, od the whole, most useful to the crop, though it was excessive in a few traots in the Panjab and the eastern districts of the
North-Western Provinces, where some iDjury was done. In both provinces, however, the existing conditions are entirely satisfactory, and
a yield in exoess of the average is expected. In the Central Provincee,
Berar and Madras, cotton was sown over an unusually large area
under the stimulus of the high pricesforthefibre which have prevailed
for a considerable time, and in all these regions the promise of the
crop is excellent.
The one exception to the general prosperity of this crop is in Bombay, where, so far as may be judged irom the extremely defective and
belated reports which have been received, the crop has been sown on
a very reduced area, and in some tracts does not promise as well as it
might, owing to the absence of rain. The area sown in Gujarat appears to be only about half the average, the people in that faminestricken area having sown with food-grains much of the land which
would in an ordinary season have been sown with cotton.
Cotton Estimate of the Memphis Exchange.— The average estimate of 133 members of the Memphis Cotton
Exchange is 9,808,485 bales, the highest estimate being
10,696,000 and the lowest 8,987,700.

Bhipping News.

Steamer Citta

174
300

Galveston— To Liverpool- Nov. 27-Steamer Horatio, 7,985
Nov. 28— Steamer Titania 10.214
18,199
To Manchester Nov. 24— Steamer Samara, 6,643
6,643
To Havre— Nov. 28-Steamer Farnham, 10,182
10,lb2
To Bremen— Nov. 22— Steamer Springwell, 6.794
Nov.
24 — -teamer Lady Joicey. 9,193
Nov. 27-Steamer
Nov. 28-Steamer Bolton Hall, 10,272.... S6.137
Cento. 9,878
To Hamburg Nov. 22— Steamer Semantha, 1,129
L129
To Antwerp -Nov. 23— Steamer Aysgarth, 5,100
5,100
Mobile—To Liverpool— Nov. 28— Steamer Verax. 2,152
2,152
PEN8ACOLA—To Liverpool— Nov. 28— Steamer Alicia, 3,100
3,100
To Venice-Nov. 23— Steamer Ellamy, 1,445
1.445
Savannah— To Liverpool— Nov. 30— steamer St. Quentin, 7,-

Irishman, 4.147

Total

23,0+7
26,156
37,129
3,3i3
1881
27,878
31,241
1882
38.361
4,667
43,028
1883
44,329
9,368
53,697
H,607
1894
60,201
66,808
72,880
1885
8,766
81,646
1886
99,723
6,898
106,621
15,603
116.400
1887
100,797
120,644
26,071
1888
146.715
28,102
1889
125,685
153,787
149,973
11,646
1890
161,619
5.S42
1891
193,287
198,629
15,870
201,322
1892
185,452
1893
178,574
6,334
184,908
1894
176,213
7,910
184,123
1.298
171,758
1895
170,460
1.634
220,372
222,066
1896
142,965
1,400
144,365
1897
194.89S
475
195,371
1898...
234
305,263
305,497
1899
100
1900
161,177
161,277
From the above it will be seen that the shipments to China
during the six months of 1900 have been appreciably less
than in 1899, when the heaviest total on record was reached.
The falling off is of course directly ascribable to the disturbed
Compared with 1898 the
condition of affairs in China.
decrease is only moderate. With the extension of cotton
manufacturing in Japan, the importation of yarns from India

bagging quality.
East India Crop.— The second general

Nov. 29— Steamer Yoruba. 200
To Rotterdam— Nov. 21— Steamer Llanover, 600
Nov. 26
—Steamer Rhodesia, 40'i
To Oporto Nov. 23- Bark Uniao. 1,000
ToNarles— Nov. 28— Steamer Onton, 100.
To Genoa— Nov. 28— Steamer Onton, 7,3i5
Nov. 30—

1,323

shown on

a previous page, the
exports of cotton from the United States the past week have
reaohed 202,927 bales. The shipments in detail, as made up
from mail and telegraphio returns, are as follows:
Total bales.
York—To Liverpool, per steamers Georgian, 70. ...No2,141
madic, 1,538 - Taurio, 533
586
To Hull, per steamer Martello. 586

New

To Manchester, per steamer Cavour, 479 Sea Island
To Havre, per steamer St. Regulus, 221

479
221

Liverpoool

c.

Havre
Bremen

c.
c.

Hamburg
Amsterdam

..c.

Satw.

Mon.

20

18® 20

And

WeO.net.

18@20 18®20

40*
40*
40*
40*
32*5-35 32*3-35 32*2-35 32*s-35

33@35

50
Rotterdam
50
e.
Reval, v.Br-Hamc.
50
Do v. Hull... c.
45
Do v. St. Pet.e.
45
Genoa
c.
50
Trieste
e.
60
Antwerp..... ....c.
35
Ghent, v.Antw'p.c.
41
Quotations are cents per 100
*

Suet.

c.

5 per cent

33
50
50
50
45
45
50
50
35
41
lbs.

33
50
50
50
45
45
50
50
35

33
50
50
50
45
45
50
50
35
41

Ihurt.

Jfr-%.

•

18®20

1

40*
32*3-35

33

1
1

50
50
50

W
h—

P

45
45
50
50
35

<1
•
•
1
I

*

41
or fractions of a penny per

41

I

lb.

—

Liverpool. By oable from Liverpool we have the following statement of the week's sales, stocks, &c, at that port,
Nov.
Sales of the

week

bales.

Of which exporters took...
Of which speculators took.
8ales American
Actual export

Forwarded
Total stook— Estimated

Of which Amerioan— Est'd.
Total Import of the week
Of which Amerioan....

Amount afloat
Of which Amerioan.........

9.

58,000
1,700
1,000
51,000
4,000
95,000
342,000
291,000
136,000
123,000
400,000
366,000

Nov. 16.

55,000
3,300

900
49,000
12,000
86,000
365,000
309,000
121,000
105,000
402,000
358,000

Nov. 23

53,000
2,400
1,900
44,000
7,000
91,000
430,000
373,000
163,000
145,000
396,000
345,000

Nov. 30.

59,000

1400
1,200
52,000
5,000
106,000

494,000
433,000
174,000
151,000
307,000
269,000

..

.

.

:

.

THE CHRONICLE

1130

[Vol. LXXI.

The tone of the Liverpool market for spots and futures deliveries. The spot market has been firmer with exporters
eaoh day of the week ending Nov. 30 and the daily closing moderate buyers at the higher prices quoted. To day the
market was easier, as the influence of the squeeze in Novemprioes of spot cotton, have been as follows.
ber was removed. The spot market was fairly active at
lower prices. The sales for export here and at outports were
Sat'day. Monday. Tuesday. Wed' day. Thursd'y Friday
Spot.
Market, ) Moderate
1:45 p. m.\ demand.
Mid. Upl'dB.
Spec.

Easier.

Fair
business
doing.

Fair
business
doing.

Moderate
demand.

Fair
business
doing.

5»] 8

5 9 16

5»ia

5%

10,000

8,000

10,000

500

500

500

5lli6

51»32

7,000

10.000

10,000

500

600

500

&exp

Futures.

Market,
1:45 P. m.

Market,
4 P. M.

Steady
I
j

l

1-64

Easy at

Bt

@ 2-64

4-64 de-

advance.

cline.

Steady.

@

decline.

Quiet but

Flat.

steady.

5

Ouiet

Irreg. at Br'lyst'dy
3-64 (* 4-64 1-64
2-64
'.

advance.

at

an

Irregular.

advance.

Quiet and Feverish.
steady.

Quiet.

The prices

of futures at Liverpool for eaoh day are given
Prices are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
}^f The prices are given in pence and 64</i*. Thus : 4 63 means
4 63-64d.. and 5 01 means 5 l-64d.

below,

ITIOIl.
Sat.
Nov. 24. Nov. 26.

12k

1

P. M. P.

d.

M

'rues.
Nov. 27.

Wed.

Thurs.

Frl.

Nov. 28.

Nov. 29

Nov. 30.

1:45 4 1:45 4 1:45 4 1:45 4 1:45 4
P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P. M. P. M.

d.

d.

November

5 37 5 38 5 30
Nov. -Dee . 5 33 5 35 5 27
Dec. -J an..., 5 31 5 32 52»
Jan.-Feb.... 5 29 5 30 5 22
Feb.-Moh.. 5 27 5 28 5 20
Mch.-April. 5 26 5 27 5 19
April- May. 5 24 5 25 5 17
May- June.. 5 22 5 24 5 16

d.

d.

d.

5 29 5 31 5
5 26 5 27 5
5 23 5 25 5
5 21 5 23 5

5 19
5 i8
5

16

5 14
June-July. 5 20 5 22 5 14 5 12
July-A.ug... 5 18 5 20 5 12 5 10
.

Aug. -Sept.. 5 09 5 10 5 02 5 00

32
29
26
24
5 21 5 22
5 19 5 20
5 18 5 19
5 16 5 17
5 14 5 15
5 12 5 13
5 02 5 02

d.

d.

5 30 5
5 26 5
5 23 5
5 21 5
19 5

d.

d.

29 5 31 5
2« 28 5
23 25 5
21
23 5
19

21 5

18 5 17

19 5

16 5 15
14 5 14
12 5 12
10 5 10
4 63 4 63

5 lti 5
5 14 5

5 12 5
5 10 5

4 63 4

d.

33 5 35
29 5 32 5 33
26 5 28 5 30
24 5 26 5 28
22 5 24 5 25
20 5 21 5 23
17 5 19 5 21
15 5 16S5 18
12 5 14 5 16
10 5 12513
62 4 614 63

Sept.-Oot...

BREADSTUFFS.
Friday, Nov. 30, 1900,
A moderate volume of business has been transacted in
spring-wheat flour, both bakers' and patents, and at steady
prices, the latter ranging from $3 95 to $4 25 in barrels, while
bakers' ranged from $3@3 10. Winter wheat flours have been
quiet and with fairly free offerings prices have shown some
irregularity. City mills bave been quiet but steady. The
demand for rye flour has been limited to jobbing lots but
prices have been unchanged and stealy. Buckwheat flour
has had a moderate sale and prices have advanced slightly.
Corn meal has been quiet and prices bave shown some

330,000 bushels.
DAILY CLOSING PRIOEg OF NO. 2 MIXED CORN IN

n
Cash corn

i.

Deo. delivery in elev
May delivery In elev....

new crop wheat

to

The United
the openiDg of the week

European markets

freely.

States visible supply as reported at
showed a small decrease, but this failed to stimulate, the
Reports received
market being about ss expected.
from the winter-wheat belt state that the recent warm,
moist weather has forced the growth of the new crop, and
that in many instances it is already jointed. Liquidation in
December contracts has continued a feature of the trading.
Holders of wheat for this delivery have been transferring their interests to the more distant months.
Receipts of wheat at primal markets have been moderate,
than those reported at
being considerably smaller
Business
year.
in the spot market
time last
this
has been quiet, as exporters have been only limited buyers.
To-day there was a
Prices have weakened with futures.
quiet market, and under scattered selling prices weakened
slightly.
The spot market was fairly active at steady prices.
The sales for export here and at outports were 300,000
bushels.
DAILY CLOSING PRICES OF NO. 2 BED WINTER IN
YORK.
Tues.
Wed. Thurs.
Sat.
Mon.
Fri.
7~%
77«8
Oasb wheat f. o. b
783s
78k
77'a

NEW

Dec. delivery In elev

773s

77*8

March

80k

80k

May

delivery in elev..
delivery in elev

79 7

76%
79%
79%

76%
79%

Holl-

day.

80
793s
s
DAILY CLOSING PRICKS OF NO. 2 SPRING IN CHICAGO.
Mon.
Wed.
Tues.
Sat.
Thurs.

Deo. delivery in elev
Jan. delivery in elev
May delivery in elev

71k
71%

70%
71%

70k

70

71

70k
73%

73%

Holiday.

76»«

77k
79
Fri.

69%
70%

Indian corn futures have been quiet locally, but in the
Western market there has been a fair amount of activity to
the trading, with the feature tbe equetze in November contracts, prices for that month being forced up to 51c. A large
private settlement was reported made on the basis of 50c,
and subsequently prices reacted. The general tone of the
market has held steady. Receipts have been running very
moderate and weather conditions have been unfavorable
for advancing the grading of the new crop. Elevator interests have been reported as moderate buyers of the distant

44

44k
42%

42k

NEW YORK.

Tues.

Wed.

47k
44k
42k

47k

Thurs.

Fri.

45%

43^8 Holiday. 43*4

41?8

42

DAILY CLOSING PRICES OF NO. 2 MIXED CORN
Sat.
Mon.
Tues.
Nov. delivery in elev
45
49
50
Deo. delivery iu elev
36
36k
36k

CHICAGO.

IN

Wed.
41

Thurs.

Fri.

35k
35k

35^ Holiday.
36%
36
36^
36k
Oats for future delivery at the Western market have been
quiet but the undertone has held steady. The movement of the
crop has continued very moderate, and this, coupled with a
fairly good trade demand, has served to hold prices despite
the fact that there has been an absence of speculative interest
in the market. Locally the spot market has been moderately
active, with white oats in small supply and held at higher
prices.
To day there was a quiet but steady market.

May

36%

delivery in elev

NEW

DAILY CLOSING PRICES OF OATS IN
YORK.
Sat.
Mon. Tues.
Wed. Thurs.
Fri.
No. 2 mixed in elev
26%
26%
26k
26^ Holi- 26k
So. 2 white in elev
29
day.
29k
29k
29k
29k
DAILY CLOSING PRICES OF NO 2 MIXED OATS IN CHICAGO.
Sat
Mon. Tues.
Wed. Thurs.
Fri.
Deo. delivery in elev
21?8
2l 78
2l?8
21% Holi21%
7
May delivery in elev
24 k
24
24
23 8
day.
23 7e
Rye has been dull at nominally unchanged prices. Barley
has been quiet, but with light offerings prices have been
well maintained. Buckwheat has been steady.
Following are the closing quotations:
FLOUR.
Pine
$2 20 92 30
Patent, winter
$3 75 93 90
Superfine
2 35 92 45
City mills, patent.. 4 20 ®4 70
Extra, No. 2
2 50 92 60
Ryeflour.supernne 3 00 93 50
Extra, No. 1
2 40 ®2 75
Buckwheat flour.. 2 10 «2 25
Clears
2 80 9Z 35
Corn mealStraights
3 35 ©3 90
Western, eto
2 25 92 30
Patent, spring
3 90 ®4 70
Brandywlne ....
2 35
(Wheat flour in sacks sells at prioes below those for barrels.)
Wheat, per busn.—
Hard D
^nluth, No.l
N'thern Dul., No.l
Red winter, No. 2
Hard N. Y. No. 1.
Oats— Mix' d, p. bush.

o.

o.

White

GRAIN.
Corn, per bush.—

84k»86k
80 »82k
75%®77%

No. 2 mixed

78ka>80k
2b 929

Rye, per bush-

o.

Western mixed

o.

44k®47
44%*47
44%*46k
45%»47k

Western yeUow
Western white

Western
47k»54
State and Jersey
9 ....
Barley—Western
56 968
29k»30"is
Feeding
41 ®48
The movement of breadstuffs to market as indicated in the
statements below is prepared by us from the figures col.
ected by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending Nov, 24
ind since Aug. 1, for each of the last three years have been':

28k3>3*

No. 2mixed
No. 2 white

sstipts

26k«28k

now.

at—

irregularity.

Speculation in wheat for future delivery has been quiet
and there has been a gradual sagging of prices. Cable advices have been easier and Argentine is reported offering her

Mon.
47

6%

b

o.

Sat.
4

Com.

Wheat.

Barlty.

Oats.

'h!oago

in,e57

Milwaukee
mlutn
41nneapolU.

Cleveland

H.

1.992,503

143610

189,647

£69,601

6,700

57,237

119,916

65,884

41,620

271,052

308,208
466.155

176,718
165,985

18,000

37,300

516,400

257,600
103,600

112,800
49,200

4,737,457

4,310,832

6.870,948

2,576,576

8,836,051

8,129,031

2,447,879

1,495,151

1,955,333

68,450

184,600

63,000

187.500

688.211

84.911

...

LouU

lamas

8.118
19,24e

977,443
64,000
24.132
S21.t00
49,500
71,346

784.82?

"oledo

City.

Tot.wk.1900

4ame wk.'99.
jama wk.'98.
HmceAui. 1.
1900
1899
1898

Ryi.

BuihA8m

BbliAOeibi Buth.OOlb: Buth.saibt Buih.Mlbi

379,787
307,441
821,873

Bv.66

626,477
616,650
84.826
179,760
7.600

27,250
81.606
11,479
5,300
.......

62,250

4,818

67,500

3,600

2,003,023

1,484,353

2,267.781

1,233.539

117,099
105.470
264,146

7,036.418 108,735,096 64.733 448 64.5S5.744
7,191,954 108,122 5 >1 82,601,227 67.793,984
6.959.316 136.116.401 72,691,807 64,83o.78i

22.694,617 2,228.138
18,644.665 8.020,373
19.714,872 6,043.351

The receipts ot flour and
grain at the seaboard porta
*
week ended Nov. 24, 1900, rollow

the

W neat,

F.our,

at—

York

bbla.

«. 1?4,842

loston
Montreal
Philadelphia
Baltimore
ctlohmond
Vew Orleans*

66,666
9,(08
77.012
67,247
2,425
11.865
62.097
11,443

Newport New*

Norfolk
i.iveaton
Portland.

Me

bush.
894,600
54W.8S9
144.877
88,231
102.246
14,340
76.000
16.000

Corn

fl«rl«»

Bit.

bueh

bush.

bu*h.

bush

8E4.900
835,731
4,800

467.600
404,780
88,875

1,960

1.032 759

69.5'-'l

104,600
5,000
48.474
14,400

1,141460

101.U63
40.714

Oats,

27,860
893,000

26 766
10,000

4'i.857

4,900
39,447

'77.C05

700

" 1.976

'46.184

146.348
80,000

Quebec
Total week

439,483
393,362

/eekl899

600
26.000
IS 4i*2
30.068
538

146.C00

208.800
66.090

6,678

Pensacola
Mobile.
Sabine Pass

*

for

,

fitceifti

-Sew

12>«.

28,142

1,771.377
2,103.612

'

4,101 146
8.553.277

47.000

1,231,521
1,070,391

Reoelpti do not include grain passing through
on through bills of ladlns.

New

178,474
5.6.937

73.240
111.079

Orleans for foreleo

torta

Total receipts at ports
eollows for four years:

from Jan.

1900.

ectipttof-

bbll. 19,861,808

floor

Vheat.

...bush

Jora .
Oats...
.

Barter.
••••••(••••a

Total drain.

"

,

1

to Nov. 24

oompare as

1898.

1897.
23,331.609

1899.
19,765,672

19,.i«o.6i>0

91.671.53-*

106,888,282

~«6,7S3.MU

163 061671
72.1 6.IU7
9.854 3*6
2,606.768

iM,7nM,044

1 -1.947.476

h0,483.473

8'5,;)65,7«6

ll.ui'7.»4ao

11,731,812
ly,3>8.»59

839.700.907

892,446,649

O.S68 9j0

412.4J6.390

873,lol.S6S

-

.

December

THE CHRONICLE.

1, 1900.]

worsted drf ss goods continue dull and unsatisfactory. Flanand blankets quiet and unchanged.
Domestic Cotton Goods.— The exports of cotton gcxds
from this port for the week ending Nov. 26 were 3,638
packages, valued at $180,403, their destination being to the
points specified in the tables below

The exports from the several seaboard ports for the week
ending Nov. 24, 1900, are shown in the annexed statement:
Corn,

Wheat,

Hew York
Boiton

bush.
616.««3 1.05H.412
5ii)0.570
14 SI
5fl.<93
77.006
0«i0
908
lfO
681
V62.829
88 000
610.212
230.933
l

Portland. M«.
Philadelphia..

Baltimore

K»w

Flour,

Oats

bbls.

15H86

bush.
398.208
3.2?5
89.447
60,000

i4.9'8

9tf,9oO

from— bush

B'zforti

Orleani..

Norfolk
lfl,0f!0
Newp'rt Newi
79 0(0
Montreal
OaiTB»ton. ... *5U.02<
Mobile
Sabine Pass... 116.848

Quebec

114,823
27.227
6.878

62 0W7

257.0t5

10.089
1.023

....

13,100

6,830

:

19,651

Week. Since Jan,

687,121

134,908

660,9tl7

destination of these exports for the
September 1, 1899, is as below:
Wheat.

,

,

.

672

277.8*1
33.570
40,618

277.125
202 264

3.8F6.711
3,763 298

Nov.U

>USh.

2,667.:-26

,<i'8.282
159.7f-2

e4>04
18.102
1,656

162.730
98.8«2
213,399

21,041.802 4.101,037
28.604,796 3,320.464

37.305.797
60,619 718

lSS^O
2.0'&.7«0
1,958,744

The visible supply of grain, comprising the stocks u
granary at the principal points of accumulation at lakf and
seaboard ports, Nov. 24, 1900, was as follows:
Wheat,,

at—
Mew York
In

bush.

store

Do

7,3l0.o'>»

17,000

afloat

BOIton

l,2fc!6

Philadelphia
Baltimore
Orleans

...

New

Galveston
Montreal
Toronto
afloat

Toledo
afloat

16,ouu

*>u«ft

i,07S.oo"
27,000

v
.

barte

vl.

bttMi
80,000

,

!>•,»

395.0W
20,000

802,juv
883,ofio

650.000

2.977.000
464.000

460,000

87,000
2,000
447.000

1.268.01.H.

715.C0U

1,112,000

4,000
175, /ov

119,000

91.C
192.000
1,239 0'

ze.bb'c

1.000

21,000

,,..

Detroit

Do

'Jan,

bush,
8P2,ooo
77,000
156. OOO
0H1.OOO
1. 101,000
564,000

66. 'O r

Buffalo

Do
Do

•('.

6 16,000
1.660,000
«28.ooc
807,000
86,000

Corn,

456.000

82,000

93,000

69 OOC

19,000

12.134.00C

1,885,000

8,373,000

689.000

68,000

881.000

64,0(0

245,000

7.000

afloat

Ohioaao

Do

afloat

..

Milwankee

Do

32,0

1

afloat

rt.Wir/m&Pt.Arthur
Dnlnth

DO

1.874,000
6,972,000

.

..

79.CC0

683.000

212,000

20.000
120.000
5^,000
48 .on
99.000
114.000

l,637,ooo
40,000

12000

333

01'

afloat

14,878 000

Minneapolis
8t Louis

Do

6.219. *

afloat

KansasClty

l,540,oo«/

Peoria
Indianapolis

On Mississippi Rirer
On Lakes
On canal and rirer. ..
Nov.
NOV.
Nov.

24.0CO
11,000
282,000

.

166,000
224,000

80 iv>'
100 000

'""8.000

29,000

....
20,

469,000
24.000

...

2,804,000
316.000

13,000

1,451

140,887
12,742
27,569
4 265
28.025
2.972
11.155
43,906

431

8,618

335
741
166
313
766
153

3,638

283,893

9,563

1,000

....

130,000
263,1,00

•

720.OOC
2bl.000

84,
17,
25.
26,
27.

THE DRY GOODS TRADE.
New Yore,

Friday, P. M.. Nov. 30, 19C0.
Although the week has been broken in upon by the
Thanksgiving holiday, there has in the aggregate been some
improvement in the general volume of business in progress
in cotton goods, and at the cIofo indications of a reviving
demand for woolen and wors'ed fabrics. Cooler weather
promises to h«)p the latter, as thev have been particularly
affecr,< d by the open character of the season so far, but in
cotton goods the increased business has been the outcome of
gradually increasing requirements irrespective of weather influences. The tone of the cotton goods division ot the market in all directions not directly affected by the suspension of
business for China is firm, and in some advances in prices
are noted. The high cost of production as represented by
current prices of raw material has been the primary cau^e
of such advances, but that they have been possibe shows a
generally good condition from the standpoint of supply aid
demand. If heavy brown cottons are excepted, stocks of
goods on band are not at all plentiiul in the aggrega'e while
many descriptions are not only sold up bat are under orders
ahead in both plain and fancy lines. The condition of the
jobbing trade is not si together satisfactory, according to the
reports coming to hand, but from the business doing in the
primary market, distribution from second hands must have
been on quite a liberal scale for the season.
Woolen Goods. The early part of the week showed a
dull business in all lines of men's-wear woolen and worsted
fabrics in both heavy and light weights, but orders at the
close are more numerous than for some time pa-t, although
still for limited qu ttities.
The chief usiness has been in
goods from stock, a d in these buyers have four d the market
an easy one to cper.ie in. Sellers still look fur a considerable business in the ,vay of re-orders for spring, but at ihe
same time show anx'ety to move stocks on hand in both
staple 1 nes and fancies. This causes decided irregularity in
prices, and there are few descriptions of either woolens or
worsteds which are not affected. Business in satinets snd
union goods has been limited. For overcoatings there has
been a dull market, oub-ide of a specialty or two, such as Oxford mixtures, which are steady. Kerseys and beavers imgnlar. Cloakings in limited request and easy. Woolen and

—

1

1.

922
221,495
3,094

48.1P9
14.346
27.602
4.3'51

10 019
88,642
7,185

377,742

The value of the New York exports for the year to date has
been $12,674 649 in 1900, against $13,923,707 in 1899.
There has been an upward movement this week in bleached
cottons, a number of medium aud better grades being advauced 34c. per yard, with low qualities generally %o. higher,
althougb not openly quoted so. All grades of bleached are
in good cond tion, a moderate demand being sufficient to keep
the market clean. Wide sheetugs also i>re well sold up, and
an occasional line has been advanced lc. per yard. In brown
cottons there is a sharp distinction between goods weighing
4 yards and lighter and heavier makes. The former have been
in fair demand, with a hardening tendency; the latter slow
Ducks are steady,
of sale and irregularly in favor of buy ers.
wiih moderate sales, and osnaburgs quiet and unchanged.
Denims, ticks, checks and stripes, plaids and other coarse
fabrics are cifficult to buy, and advances of J4 \ per yard have
been made in some leading lines. Kid finishtd cambrics are
i^c. higher in some quarters, and a general advance in these
There has b?en no change iu the p int situais looked for.
tion. The best fancies arc selling moderately on a 5-cent basis,
with staple lines in average demand. Ginghams are very
firm throughout. In mint clohs there have been moderate
sales of regulars at 3^j., with a considerable business in
nanoiv edds on that basis. Wide goods are firm, with fair
sales.

190C* 62,262 000
7,209 000
11,769 000
1.326,000
3,550 O'O
8.u>8 000
1900* 62 3^1,000
3,288.0WI
1371.000
13,»33,000
6n.H*6
Ib8fit
000
1.49H.000
11,572 000
3,568.000
5 017 000
Nov.
1898+ 23,310,000
22.263 000
1.1S9.000
3,808 0i
5.586.000
1897+ 33.r56 000
Nov.
42.058 00"!
6.801,000
16,281.000
3,603 00O
+ includes stocks In private elevators at Milwaukee.
•Stock s in private elevators at Milwaukee not included.
Note.— Beginning July 1, 1809, the New York Produce Exchange has changed
Its Visible Supply Statement by inclu ing stocks at New Orleans, Galveston.
Ft. William and Pt. Arthur (previously omitted) and leaving out Albany
Oswego and Cincinnati, formerly included.

Total
Tdtal
Total
Total
T-t»'

Total

1,877

390

70
690
188
258

,442 702

18
6
4,646
2
2.417

l,f>36

1900.

hush.
1 460.149

Since Jan.

2,218

since

C$rn,
Week Sin

Jreek.

88
76.107
557.812

week and

Week Sine* Sett, Week Since 8e*t
Mzvorts for
1900.
Nov. 24. 1. 1900,
1
meek and since Nov. 24
bUe
M> (i
bush
bush
Sept. 1 to—
1.258,682 15,163,410
Dnlted Kingdom 202.286 2.786.029
13.731
476,218
769,128
6,636,043
Continent
3U798
242,427
6,179
8. A C. America.
28.478
1,161

38.484
119,098

1.

72

Great Britain...... ..........

uV'.ooo

877.125
202,254

1899.

to Nov. 26

65,118

1,975

The

Totai
Total 1808-99....

1900.

New York

10,000
28.791

46,194

Total week 2026,7e0 4 191,937
flame time '09. 1,958 714 3.32 .494

Br.N.Am. Colo'i
Other countries

Baritibnrh.
0,991

bush

11.443

bu.010

Weit Indies

Peat,

nels

11,436

1.902

UbOi'O
4A867

Rye,
bush.

]J3l

Foreign Dry Goods

—The demand for imported dress fab-

rics continues quiet in the aggregate, and chiefly for thin
fabrics. Silks are still dull and easy.
Ribbons in limited request outside of velvets. Linens are firm and tending against

buyers. Burlaps very scarce and firm.
Importations and Warehouse Withdrawals of Dry Goods
The importations and warehouse withdrawals of dr5 goods
at this port for the week ending Nov. 29, 1900, and since
January 1, 1900, and for the corresponding periods of last

year are as follows:

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——— — —

—

m2

—

THE CHRONICLE.
Dsf^htment,

City

TERMS OF SUB SCRIPTION,
The Investors' Supplement

will be furnished without

extra charge to every annual subscriber of the

Commercial

and Financial Chronicle.
The State and City Supplement

will also be furnished
without extrachargeto every subscriber of the Chroncile.
The Street Railway Supplement will likewise be furnished without extra charge to every subscriber of the

[Vol.

LXXI.

Baltimore, Md.— Offer to Purchase Bonds. -Tenders will
be received until 12 m., December 15, by the Commissioners
of Finance— David Ambach, President— at the office of the
Mayor, for the sale to them of $500,000 (in whole or part) of
any of the various issues of Baltimore City stock for the investment of funds now in the hands of the Commissioners of
Finance in trust for the sinking funds.
Beaver (Borough), Pa.—Bond Offering.— Proposals will
be received until 8 p. m., December 10, by David K. Cooper,
Secretary of the Council, for $27,000 4% refunding bonds,
Securities are dated Dpc 1, 1900. Interest will be payable
semi-annually at the office of the Borough Treasurer. Principal will mature one bond yearly on December 1 from 1913

to 1929, inclusive, as follows
$1,500 yearly from 1913 to
Chronicle.
The Quotation Supplement, issued monthly, will also be 1927, inclusive, $2,000 in 1928 and $2,500 in 1929. The total
furnished without extra charge to every subscriber of the bonded debt of the borough, including this issue, is $100,020.
The assessed valuation is $1,513,935 and the real value about
Chronicle.
TERMS for the Chronicle with the four Supplements $4,000,000. The population is estimated at $2,500. A certiabove named are Ten Dollars per year within the United fied check for $500, payable to the above-named Secretary,
States and Thirteen Dollars in Europe, which in both cases will be required.
Birmingham, Ala.— Bond Bill Passes House.- House Bill
includes postage.
No. 94 authorizing the issuance of $250,000 city-hall, jail and
Terms of Advertising— (Per Inch Space.)
school bonds has passed that body.
Transientmatter (eaclitime)$4 20 ThreeMonths (13times)..$2900
Bozeman, Mont.— Bords Not Sold.—The $30,000 4% re(26times).. 5000 funding bonds offered for sale on November 20 were not
STANDING BUSINESS CARDS.
SixMoDths
sold.
$22 00 TwelveMonths(52timeB). 8700
Two Months (8 times)
We are advised that an attempt will be made later to dispose of the bonds at private sale. For description of securiAlden, Freeborn County, Minn. Bends Valid.— The fol- ties see Chronicle Oct. 27, p. 876.
lowing dispatch from Mankato dated Nov. 16, 1900, is taken
Bridgeport. Conn. Bonds Proposed. The issuance of
from the Minneapolis " Journal :"
$100,000 park bonds is said to be under consideration.
Brockville, Ont— Debenture Sale —This town has sold an
The trial of the suit of L. F. Easton against the town of Alden, Freeborn
County, to enforce payment of $15,000 in boi ds issued to aid in the construc- issue of $14,000
4%t waterworks debentures to Stinson&
together
with
Southern
Minnesota
the
Railroad
thirty
years
ago,
of
tion
Co., Toronto, at 103-93. Securities will mature within 25
$2,100 interest for the last two years, has been completed in the United States
:

—

Court. The town has paid the interest for twenty-eight years and now wants
to get out ot paying the principal and further interest on the gr< und that the

bonds were voted at a town meeting and not at a special election. Easton
claims to be an innocent purchaser. Judge ILochren holds that the town
must pay its obligations, as the legality of the issue of bonds cannot be Impeached and the town has so long met the interest on them.

—

Altoona, Pa.— Bond Issue Valid. We take the following
dispatch f-om Hollidaysburg dated Nov. 26 from the Philadelphia " Public Ledger :"
Judge Martin Bell, in the Blair County Court to-day, declared valid an issue
of bonds, aggregating $229.ooe, whicn the city of Altoona issued to cover costs
of street improvements. Taxpayers bad instituted injunction proceedings to
test the val dity of the bonds, on the ground that the State Supreme Court
had decided that the city ordinance fixing the manner of paying bonds by collecting assessmer ts from individual property owners was illegal and void.
The bondholders whose h. ldings are protected by the Court's decition are the
Jacob Tome Imutute of Maryland, .Leopold Veilsack of Pittsburgand two
Philadelphia banks.
See L hronicle Nov. 18, 1899.

Bristol, Ten«.— Bonds Valid.— We take the following from
the Nashville " Banner" of Nov. 21, 1900
:

affirmed in the main the decision of the lower courts
in the case of Bristol, Tenn.. against the bondholders of the South Atlantic &
Ohio Railway. The bonds, amounting to $25,00i , principal and interest for
several years, will now have to be paid. The city sought to have the bond
issue declared void on the ground that the company had not carried out in
full the agreement upon which the bonds were issued. But the city had previously accepted the conditions and was for a time meeting the interest on
the bonds.

The Supreme Court has

See Chronicle Nov. 3, p. 929.
Modesto, (Cal.) Irrigation District. —Bonds Valid.— The
following relative to bonds of this district appeared in the
San Francisco " Chronicle " of November 13
:

Judge Morrow rendered a decision yesterday in favor of the plaintiff in the
case of George Herring against Modesto Irrigation District. This case is one

much importance to all irrigation districts in t> is State, as it is the first decision that has yet been rendered in an action brought upon thebotds. The
Supreme Court of the State has had occasion to frequently pass upon certain
phases of the irrigation question, but no action brought direcily upon the

of

bonds has come before it.
In the Herring case the entire question was very thoroughly considered.
The Court was occupied for many days in the taking of testimony, principally
introduced by the defendant in an attempt to show that the bonds were illegally issued. The defense relied upon by the defendant was that the steps
leading up to the formation of the district were invalid, because no sufficient
notice of the amplication to the Board of Supervisors was ever published ;that
some of the persons who signed the peitlon were not qualified so to do, and
that therefore less than fifty valid signatures were obtained lor the petition.
The main defense relied upon was that these bonds were exchanged for
work and not sold for cash, as provided for by the Wright Act. It was claimed
that various contractors had received these bonds in payment for their work
and that the sales made were fictitious.
It was also claimed that, the land embraced in the district was not subject to
irrigation, that it had derived no benefit therefrom, and that the Wright Act
was unconstitutional.
Upon these defenses the Court permitted full inquiry, but it is now held by
Judge Morrow that they are not sustained and that the plaintifl should have
judgment as praved for.
The result of the decision is that the Modesto District must now levy taxes
to pay the interest on the bonds and ultimately to pay the principal, whether
the irrigation works are finished or not. About $8ou,oo0 in bonds have been
issued and the proceeds expended in the construction of water works. Tne
district covers H7,00u acres. It owns a half interest In the big dam across the
Tuo umne Kiver above La Grande and has constructed a canal forty feet wide
and twenty miles long leading down to the district. Bonds of the par value of
$350,ou0 were voted in lsytfto complete the system, but the work was stopped
by litigation. The Turlock District system, which adjoins the Modesto, has
been completed.

years.

Brown County, Wis.— Bonds Authorized.—The Board

of

Supervisors has authorized the issuance of $10 000 4% asylum
bonds. Securities will be issued in denomination of $1,000,
dated July 1, 1901.
Buckland (Ohio) Special School District.— Bond Sale.—
On November 26 the $2,400 5% school-house bonds were
awarded to The Lamprecht Bros,, Co., Cleveland, at 103'53.
Following are the bids.
Lamprecht Bros.

Co., Cleve.. .$2,484 72

First Nat. Bank,

Wapakoneta.f 2,447 34

Home Banking Co., St. Marys. 2,450 00 J. O. uodenom, Buckland
For description of bonds see Chrnicle Nov. 24, p.

2,400 00

1031.

Buffalo, 51. Y. Bond Offering.— Proposals will be received
until 12 M., Dec. 7, 1900. by Erastus C. Knight, City Comptroller, for $189,738 18 3% 5-year tax- loan bonds.
Securities
are authorized by Section 113, Title IV., Chapter 105, Laws
of 1891, and are issued pursuant to a resolution adopted by
the Common Council and approved by the Mayor August Tl,
1900. They will be dated August 1, 19C0.
Interest will be
payable February 1 and August 1 at the office of the City
Comptroller or at the Gallatin National Bank, New York
City, as the purchaser may elect. Proposals must be accompanied by a certified check for 2% of the amount bid for payable to the order of the City Comptroller, and the purchaser
will be required to pay accrued interest.
Cape May (N. J.) School District. Interest Rate of
Bonas.— In the Chronicle, last week we stated that $35, ( 00
3%% bonds had been awarded to H. W. Poor Co. New
York City, at 102'50. The interest rate (3*4%) was wrongly
given to us in the earlier official report of tne sale, and should

&

,

have been 4%i.

Charleroi, Pa. Bond Offering.— Proposals will be received
until 8 P. m., December 10, by Ira L. Nickeson, Borough
Clerk, for $25,000 4% bonds. Securities are in denomination
of $1,000, dated Jan. 1, 1901. Intrrest will be payable semiannually at the Bank of Charleroi. Principal will mature
$1,000 yearly on January 1 from 1903 to 1926, inclusive. All
proposals must be for the entire issue and must be accompanied by a certified check for $1,000 on a national bank and
made payable to the Borough Treasurer.
Cherry County, Neb. Bona Offering.— Proposal will be
received after Dec. 20, 1900, and until Jan. 1, 1901, for $15,000 4% court-house bonds. Securities will be in denomination of $l,CO0 and will probably be dated Jan 1, 1901. Interest will be payable semi- annually at the office of the
County Treasurer. Principal will mature in twenty years,
subject to call after ten years.
Cincinnati, Ohio.— Bond Sale.— On Nov. 26 the $150,000
3%% 10 20 year (optional) improvement bonds were awarded
Stevens County, Kan.— Bond Litigation.—The Wichita to Feder, Holzman
Co., and the Union Savings Bank
(Kan.) " Eagle" on November 18 stated that Stevens County Trust Co., Cincinnati, at their joint bid of 1 05*303— an interhas been sued in the United States Court for $2,155, whi h est basis of 2*886$ if bonds are redeemed at their optional
amount is for interest on t oods issued by that county. The date, ard3 142$ if they are allowed to run their full time.
holder of the bonds is J. K. O. Sherwood, who resides in New For full description of bonds see Chronicle October 27, 1900.
York, and the suit is brought by Mr. E. F. Ware. Otto Eck- p. 876.,
stein represents Stevens County in the case.
Columbus, Ga. Bonds Authorized. The Council has auVermont.— Legislature Adjourns.— The State Legislature thorized the issuance of $50,000 3%% 3u-year gold bonds to
adjourned sine die on Nov. 28, 1900.
refund securities that will mature in 1901, 1902. 1903 and
Securities wiil be in denomination of $500, dated Jan.
1904.
1,1901. Interest will be payable semiannually. The new
thii
bonds, we are advised, will be issued in exchange for the old

&

&

,

—

Bond Proposals and Negotiations

week have been as follows
filAmboy, Minn.— Bond Sale.- On November

ones.

:

22 the $4,500

6% 5-year bonds were awarded to John Becker of
102'49.
Following are the bids
tl,6l2 00 S. A. Kean, Chicago
John Becker, Ambov

Amboy

at

:

i

M. C. Kobinson,

St.

Paul

4,676 00

|

Interest on bonds will be payable semi-annually.

4,MK> 00

Covington. Ky.— Bond Offering.— Proposals will be received until 5 P. M., December 10, by Theo. Von Hoene, City
Clerk, for $75,000 4% 20-year electric-light-plant bonds. SeInter* st will be payable
curities are dated Dec. 15,1900.
certified check for $1,000 will be
January 1 and July 1.
required with each bid.

A

at

—— — ——— —
December
Dassel,

— ——

THE CHRONICLE.

1, 1900. J

Meeker County, Minn.— Bond Offering.— Proposals

will be received until 7 p. M.. January 2, 1901, by J. W.
Norgren, Village Recorder, for $5,000 5% 5-20 year (optional)
water-works bonds. Securities are in denomination of $500.
Interest will be payable seini annually at the First National

Bank, St. Paul.
Denver, Colo.

Bond Sale — On November 17 the Board of
Works sold $3,500 Sixteenth Street sanitary sewer
bonds to W. M. Downing at 101-44 and $500 Capitol Hill
storm sewer bonds (sub-district No. 22) to Pulsifer & Young
Public

at 101.

Dothan, Ala.
passed Bill No.

Bond

Bill Passes

Senate.— The Senate has

which authorizes this place to issue bonds.
East Toronto, Out.— Debenture Offering. This munici13,

—

pality is about to issue $7,500 4%% electric-light debentures,
to mature part yearly for twenty years. Particulars may
be obtained from Duncan, Grant, Skeans
Miller, Solicitors, 25 King Street, west, Toronto.
Edwards County, Texas. Bonds Registered.— The State
Comptroller has registered an issue of $ I, 900 court-houserepair bonds.

&

Elmore County, Ala.

Bond

Bill Passes Legislature.— The

State Legislature has passed a bill authorizing the issuance
of $40,000 bridge bonds.
Evauston, Ohio.— Bond Offering.— Proposals will be re
ceived until 12 M., December 27, by the Village Council, at
the office of Frank F. Dinsmore, Attorney, 50 Atlas Bank
Building, Cincinnati, for $11,165 32 5% 1-10-year (serial) Wabash Avenue imprevement bonds. Securities are in denomination of one tenth the aggregate sum, dated Nov. 15, 1900.
Interest will be payable annually at the Atlas National Bank,
Cincinnati.
Proposals will also be received until 12 m., December 29,
by the Village Council, at the same office, for $4,393 01 5%
1-10 year (serial) Potter Place improvement bonds. Securities are in denomination of one-tenth the aggregate sum,
dated Nov. 15, 1800. Interest will be payable annually at
the Atlas National Bank, Cincinnati.
certified check for 2% of bonds, payable to the Village
Treasurer, must accompany proposals for each of the aboveThe aggregate amount of the bonds to be issued may
issues.
be reduced if any assessments are paid in cash before the
time of sale. Wm. H. Krapp is Village Clerk.
Findlay, Ohio.— Bonds Voted.—The issuance of $50,000
city-hall bonds was authorized at the recent election.
Bond Offering.— Proposals will be received
Gaffney, S.
until Jan. 1. 1901, for $11,000 b% additional electric light and
Securities are in
$4,000 additional water-works gold bonds.
denomination of $500, dated Nov. 1, 1900. Principal will
mature in 1940, subject to call after 1920.
Gainesville, Ga.— Bond Sale
are advised by G. P.
Boone, City Clerk, that this city will issue on July 1, 1801,
$20,000 4%% 30-year railroad-refunding bonds. Interest will
be payable semi-annually. These securities were awarded on
November 9 at private sale to Rudolph Kleybolte Co., Cin-

A

C—

—We

&

cinnati, at 101.

—

German Flatts (Town), N. Y.— Bonds Proposed. This
town seeks authoiity from the Board of Supervisors to issue
-

$32,000 refunding bonds.

Harrisburg (Pa.) School District.— Bond Offering.—Proposals will be received until 5 p. m., December 5, by the Finance Committee of the Board of School Directors for $32, Of
3% 20-year coupon bonds. Securities will be issued in denominations of $500 and $1,000 as desired, and will be dated
Jan. 1, 1901. They will be free from State tax.
certified
check for $200 will be required. These bonds were offered
for sale on September 14, but all bids received at that time
were rejected.

A

Jasper, Ala.— Bond Bill Passes Senate.— Senate Bill No.
authorizing the issuance of $15,000 school-house bonds,
has passed that body.
Jeffersonyille, Ind. Bond Sale.— This city has sold an
issue of $100,000 3%% 25 year refunding bonds to N. W. Harris & Co., Chicago, at a price said to be 99.
Johnstown, N. T. Bond Sale.— This city sold on November 22 $9,793 36 b% 1-5 year (serial) local-improvement bonds
to W. J. Hayes & Sons, Cleveland, at 103-15.
Bonds to be Issued.— This city will sell some time next
month $36,000 5% 1-5-year local-improvement bonds.
Killingly, Conn.— Bond Sale.— On November 26 the $125,000 3%% 20-year gold bonds were awarded to Mason, Lewis &
Co., Boston, at 102-59— an interest basis of about 3*321^.
34,

For description

of

bonds see Chronicle November

17, 1900,

p. 1031.

Lafayette County, Mo.

Bond Offering— Proposals

will be

received until 8:30 a. m., Dec. 3, by Frank Thornton, Clerk
of the County Court, for $560,000 refunding bonds. Securities are in denomination of $1,000, dated Jan. 1, 1901.
Interest will be payable semi annually in St. Louis. Principal
will mature Jan. 1, 1921, subject to call $140,000 after five
years and a like amount after ten and fifteen years, the remaining $140,000 running the full term of twenty years.
Proposals are asked on bonds bearing 3% interest and on those
bearing 3%<& interest; also the lowest rate of interest at
which the bidder will take the bonds at par.
certified
check for 5% of the bonds bid for must accompany proposals.
The authority for the issuance of these securities will be
found in Article 1, Chapter 83, Revised Statutes of Missouri
for 1899. The purchaser will be required to furnish blank
bonds and to pay the State Auditor's fee (25c. for each bond)
for registering.

A

1133

These bonds were awarded on October 3 to W. A.
Rule of Kansas City at par less a sufficient commission to
make the bonds net 3-24# interest. We are not advised as to
the reason for the resale.

"T^,

Lauderdale County, Ala.— Bond Bill Passes House.— The
House of the State Legislature has passed unanimously House
Bill No. 158, permitting the issuance of $40,000 court-house
bonds.

Lindley (Town), N. Y.— Bonds Authorized.- The Board of
Supervisors has authorized the issuance of $7,000 bridge
bonds.
Lynn, Mass.— Bond Sale.— On November 26 the $25,000 4%
30-year water-works-improvement bonds were awarded to
Lee. Higginson
Co., Boston, at 117-501— an interest basis
of about 3-10#. Following are the bids
Lee, HiRginson & Co., Boston.. 117-501 Estabrook & Co., Boston
1W527

&

:

H. Kollins & Sons. Boston... 116-918
U68L
& Co., Boston
L. Day & Co.. Boston
116 789
Blodgei Merrirt& Co., Boston.. 116-68
Adams & Co., Boston
116-H5
N. W. Harris & Co., Boston
116-625

& Co., Boston

K.

Mason, Lewis

Blake Bros.

Geo. A. Kernald

116-489

& Co.. Boston.. 116M 8
Burr. Boston. ...116-427
ll«-30
Vermilye & Co.. Boston
116-2&
Parkinson & Burr, Boston

R

Perry, Coffin

&

Mamaroneck(N. Y.) Union Free School District No. 1.—
Bond Sale.- On November 27 the $25,000 3y2 % 10- 19-? ear
(serial) bonds were awarded to Turner A. Beall, New York
City, at 103-an interest basis of about 3-24#.
tion of bonds see Chronicle Nov. 24, p. 1C83.

For

descrip-

Mansfield, Ohio.— Bond Sale.— On November 26 the $50,000
4% floating debt bonds were awarded to the Mansfield Savings Bank at 101*002. Following are the bids :
Mansfield Sav. B'k. Mansf'd. $50,501 00 Denison. Prior & Co.. CI eve.. $50,376 00
beder, Holzman & Co.. Cin... 60,480 00 Farson, Leach & Co., N. Y... 50,220 CO
For full description of bonds see Chronicle Nov. 3, p. 930.
Marjsville, Ohio. Bond Offering.— Proposals will be received until 12 m., December 14, by Walter M. Otte, Village
Clerk, for $3,000 5% bonds issued for the purpose of encouraging manufacturing in the village. Securities are in denomination of $500, dated Dec. 14, 1900. Interest will be
payable semi-annually and the principal will mature one
bond each six months, beginning five years after date of
issue.
Bonds were voted at the election held September 24,
and are issued under authority of Section 2709, Revised
Statutes of Ohio,
are adMecnanicsburg, Pa. Bonds to be Refunded.
vised that the Borough Council has given the holders of
$30,000 4% bonds the option of taking 3y2 per cents in exchange for their holdings. The present owLers are nearly
all residents of the borough and the majority have already
agreed to the proposition.
Melrose, Mass. Bonds Authorized. It is stated that the
Aldermen have authorized the issuance of $100,000 surface
drainage bonds.
Merrill, Wis.— Bonds Authorized. The Council has authorized the issuance of $30,000 bonds for a high-school
I

I

— We

—

—

building.

Middlesex County, Mass.— Bond Sale.— On November 27
3%% 1-4-year (serial) court-house-improvement
bonds were awarded to Jose, Parker & Co., Boston, at
100825. Securities are dated Dec. 1, 1900, and the interest
the $40,000

will be payable semi-annually.

Mississippi County (Mo.) Levee District No. 1.— Bond
Sale Not Yet Consummated.—The $100,000 5% 10-20 year (optional) levee bonds were awarded on November 12 to S. A.
Kean, Chicago, subject to certain conditions. The sale, we
are advised, has not yet been consummated, as the matter is
still under advisement.
New Bedford, Mass.—Loan Authorized.— The City Treasurer has been authorized to borrow $125,000 in anticipation
of the collection of taxes.
Newport, Ky.— Bond Offering.— Proposals will be received
until 2 p. m., December 5, by the Sinking Fund Commissioners at the office of the Mayor, for $590,000 3%% 30-year
refunding bonds. Securities are dated Jan. 1, 1901, and the
proceeds of the sale will be used to retire $591,000 7-3$ water
bonds, maturing $223,000 May 1, 1901, $188,000 May 1, 1902,
and $180,000 May 1, 1903. Bids will be received separately
for the $223,000 of bonds to provide for the outstanding issue
maturing May 1, 1901.
certified check for $10,000 will be
required with bids.

A

North Adams. Mass.— Bond Sale.—This city has borrowed
$12,500 from the State Treasurer at 3 18£ interest. Loan was
made for bridge purposes and will mature $1,200 yearly from
1901 to 1910, inclusive.

North Braddock (Pa.) School District.— Bond Sale.— On
November 23 the $51,500 4% 5-16-year (serial) school bonds
were awarded to the Braddock National Bank at 102-91— an
interest basis of about 3-70#- Following are the bids
Braddock Nat. Bank
+$53,000 00 Denison.Prior &Co..Cleve- \ +$&1.855 00
:

I

LamprechtBros.Co.,Cleve-j+52.217 00|
land

W.

J.

Hayes*

+ Bids

land

...........

.

1

'53-2/500

i0| Wm. M. Bell & Co.. Pittsbf*. -53,184 GO
Sons, Cleve... .*63.421 00 Jas. Carouthers & Co.. Pitts.. +52.020 30
}

; 3,6*3

I

based on bonds subject to taxation.

from taxation.

*

Bids based on bonds exempt

.•««••»».

North Manchester, Ini.— Bonds Authorized.— The Town

Council has authoiized the issuance of $5,000 5% refunding school bonds. Securities will be issued in denomination of $500 and will mature one bond yearly.
Norwood, Mass.— .Bond Sale.— This place has sold an i-su9
of $4,0(0 4% 20 year water bonds to Estabroc k & Co., Boston,
at 112-56. Following are the bids
112-56
Blodeet, Merritt &Co., Boston.. 111*81
Estabrook & Co., Boston
111*06
112*125 Blake Bros. & Co., Boston
N. W. Harris & Co.. BpstOD
112-06
R. L. Lay & Co., Boston
Ohio State University.—Bond Sale.— On November 22 ths
$30,000 4%% refunding bonds were awarded to W. J. Hayee
.

——

—

:

THE CHRONICLE.

1134

&Sods, Cleveland, at 108-50— an interest basis of about
Following are the bids

3'19#.

-

W.J. Hayes & Sons, Cleve.... 132,550 00 Alex. Kenick, Chillicothe..
Beasoneood & Mayer, Cincin. 32,335 80 Feder, Holzman & Co.,Cin.
New 1st Nat.B'k, Columbus.. 32,257 50
I

F Securities

mature

1 20,000 Dec. 1, 1907,

.$ 32,125

00

32,133 75

.

1,

1908.

Oil City, Pa.— Bonds to be Issued.— This city is preparing
to issue $15,000 street- improvement bonds.
Omaha, Neb. Bond Ojjenng Proposals will be received
until 3 P. M December 10, by A. H. Hennings, City Treasurer, for $83,500 4£ improvement bonds as follows

—

,

:

23466789

-No. of Bonds Maturing Yearly.

Amount.

District.

666
676
676
679
682
702
706

...

•J07

708
70»
713
714
718
721
725
728
729

1

i

3

3

2
4

1

1

1

8

2

2

1

1

1

1

l

1

1

1
1

1

1
1
1
1

'i

2

2

l

1

1

1

2

2
I

2.500
6,500
2.. 00
2.6'0

1

1,500

737

i

'i

1,5'

i

5,000
1,600

i

'i
l

1
1

l

20

16

16

1

i

i

16

10

21

17

22

18

31

Securities are all in denomination of $600, dated Dec. 1,
York City.
Interest will be payable annually in
1900.
certified check on a national bank for $1,000, payable to
the city of Omaha, will be required.
Oswego, N. Y. Bonds to be Issued. This city is about to

New

A

—

issue $1,029 65 improvement bonds, which,
wiil be taken by the local savings banks.

we

are advised,

—

Ozaukee County, Wis. Bonds Authorized. The County
Board has authorized the issuance of $50,000 court- house
bonds.

Pelican (P. 0. Rhinelander), Wis.— Bond Sale.— This town
on November 9 so^ an issue of $4,000 $% 2-5-year (serial)
bridge bonds to S. M. Hutchison of Rhinelander at 100-10.

is

being considered.

Ramsey County, Minn.— Bids.— Following are the bids received November 19 for the $100,000 3%% 20 year jail bonds
.

.

W. HARRIS &

New York.

Boston.
Bonds

Chicago.

m

Deal

Issue Travelers'
Letters of Credit

Companies.
Government and Mu-

As
bilte

Bonds Bought

&

—

-

:

I

|

|

For description of bonds see Chronicle Oct. 27, p. 878.
Santa Barbara, Cal.— Bond Offering.— Proposals will be
receive 1 until 5 p. m., December 20, by Alfred Davis, City
Clerk, for $60,000 5% 1-40-year (serial) gold high-school
bonds. Securities were voted at the election h9ld Nov. 5.
They are in denomination of $500. Interest will be payable annually at the office of the City Treasurer.
certified check
on some national bank in California for 5% of bid will be required with proposals, or else a certificate from the City
Treasurer showiDg that 5% of bid in gold coin has been deposited with him by the bidder.
scott County (Mo.) Drainage District No. 2.— Bond Offering. The County Treasurer will sell at public action at 1
p. M., December 15, at the Court House in the town ( f Benton. $38,218 08 6$ bonds. Securities are a'l in denomination of
Inter$1,000, except one bond, whicn will be for $1,218 08.

A

—

INVESTMENTS.

,

SEND FOR

Bonds.

Members of Boston Stock^Exchange.

LISTS.

Exchange Place, Boston.

SAVINGS BANKS and TRUST FUNDS

PHILA-,

-

A SPECIALTY.

JONES &

-

112 SO.

Perry, Coffin

&

MASON, LEWIS &

CO.,

FOURTH

CO.,
St.

_^

BONDS.
.

INVESTMENT BONDS.

Railway and Gas Companies
LIST ON APPLICATION.

A.R.Macfarlane&Co,
BANKERS AND BROKERS,

DULUTH.

BOSTON,

MINN.

(.Members American Bankers' Ass'n.J

Blodget, Merritt

&

DEALERS IN

BANKERS,
16

Congress Street, Boston.
15 Wall Street

New York.

STATE, CITY & RAILROAD BONDS

Commercial Paper, Mortgage Loans,
Local Stocks and Real Estate
Act as agents for non-resident property owners and
investors.

E. C.
121

STANWOOD &

Co..

BANKERS,
Devonshire Street

& NIVER

BOSTON.

CO.,

MUNICIPAL BONDS,
Bank
cnicAGO.

First National

v

FARSON,

M.

Banker,

1S4 Dearborn

Municipal Bonds.

Street,

CHIC* GO

N. Brown & Co.,
BANKERS,
CEDAR STREET. NEW YORK.

No. 62

Dealers in Government, Municipal, Railroad and Corporation Bonds.

INTEREST ALLOWED ON DEPOSITS.
Orders executed on N. Y. Stock Exchange.

INVESTMENT SECURITIES.
MUNICIPAL

_ _

)

BONDb
CORPORATION*
Kill. ROAD

Securities Netting from

« Per Cent

SBNl)

FOR

LIST.

ROBY ROBINSON,
<JA.

Barstow, J ester & Co,
MUNICIPAL,
__m _ _
)

RAILROAD.

CORPORATION,

50 Wall
Bldg.,

l^i 10

always on hand.

ATLANTA

TROWBRIDGE

MUNICIPAL BONDS.

DUKE

James

Choice Issues.

Street

Securities Netting from 3J^ to 6£
Send for our Investment Circular.

BOSTON,
00 Devonshire

Building,

MUNICIPAL
RAILROAD
CORPORATION

Burr,

Co.,

BOSTON.

ALWAYS ON HAND.

CHICAGO.
Monadnock

8T.

6o State Street,

Congress and 31 State Streets,

MUNICIPAL BONDS.
BANKERS,

NASSAU STREET.

7

Avenue, Cleveland.

121 Euclid

FOR

1

IN

INVESTMENT BONDS,
No.

§

Investment Securities

NEW YORK.

BANKERS,
DEALERS

™^

Cable Address:— SABA.

C.

ADAMS & COMPANY,

arid Sold.

Quotations furnished for purchase, sale or exchange
erce
New York.
31 Nassau St., (BankB°J1 ,S

EDW.

Par
Par
Par
Par

Red River, Atcliafalaya and Bayou Eoeuf (La.) Levee
District.— Bond Sale.— On Nov. 20 the $350,<'00 5% 50-year
levee bonds were awarded to the Grertmnia Savings Bank of
New Orleans at 108 521 an interest basis of about 4 567#.
Following are the bids
Germania Sav. Bank, N. Orl....l08"52 W. G. Owen. White Cas. ($5,000). 106'00
Raymond & Gottlieb. Baton R.. 107-5') T. J. Clay. White Castle ($6,000) 10600
106-754 J. G. White, Alexandr. ($20,000). 102'00
N. W. Harris& Co.. Chicago
New Orleans Nat. Bank
108 00
Seasongood & Mayer, Cincin. ...- lOO'OO

Grade

High

W. Cox

50 00
10 00
10 00
10 00

were awarded to Rudolph Kley-

stated last week, bonds
Co. Cincinnati.

Light

nicipal

Brown

(for ll.Oi 0)
(for $9,000)
• has. Auscbultz (for $500)
A.
Mrs. M.
Gates (»6.ud0 3Ms)...
United Sistere, Lodge ($1.0u0 3s)
P.
J. B.

way, Gas and Electric

AVAILABLE IN ALL
PARTS OF THE WORLD.

H BONDS

H.

DEALERS IN

Railroad, Street Rail-

$17000

$1,000)

Bid received by telegram to late to be considered.

*

OENISON, PRIOR&CO.
of

$26,000)
tj
o^v,^^ 5 (for R. Scbroer.^
Oor$1 00fl)
Elizabeth Gn bam (for $1,000)..

1"

CO.,

BANK ERS.

State Sav. Back, St. Paul (for

.

INVESTMENTS.
N.

Premium.

Premium.

Kleybolte & Co.. Cincin.... $3,< 20 5 >
I>enison, Prior & Co.. Cleve ..»3,2.-'7 00
Minn. Loan & Tr. Co.. Minn
2,605 00
arson. Leach &Co., Chicago. 2,375 00
Stoddard, Nye & Co.. Minn.... 2.2=.3 00
Kane <v Co.. Minneapolis
2,200 On
Mason, Lewis & Co., Chicago.. l.S-37 75
W.J. Hayes & Sons. Cleve.... 1,937 10
Merchants' National Bank
Par
J. G. Huber (for $W,0U0)
44U40
R.

1
1

1

1

6,0

781
733
736

1

2

$5,000
2,500
4,000
5,000
14,500
2,' 00
8.500
3,500
2,000
1,500
2,000
5,000

Piatt County, 111.— Bonds Defeated.— At the election November 6 the proposition to issue $65,0( court-house bonds
was defeated by 912 majority.
Qaincy, Mass.—Bonds Proposed.— The issuance of $10,000

bonds

and $10,000 Dec.

[Vol. LXXI.

New

T

BONDS.

J

Street,

York.

Correspondence

Solicited.

——

:

December

1,

—

:

THE CHRONlCLfc

1900.]

Principal
est will be payable annually in New York City.
will mature yearly on Jan. 2 as follows
$1,0(0 yearly from
1903 to 1907, $2,000 from 1908 to 1910. $3 000 in 1911 and
1912. $4,000 in 1913, $5,000 in 1914, $6,000 in 1915 and $<v
218 08 in 1916.
are advised that
Sebriiig, Ohio.— Bonds Not Sold
the $6,000 5% town-hall bonds advertised for sale on Nov. 12

asked to adjust the matter, after which the deal will be con-

sold.

Not

:

1

— We

are advised that
all bids received on Nov. 5 for the $30,000 b% water bonds
were rejected, and that the securities will probably be negotiated at private eale.
Snyder (Texas) School District.— Bonds Registered.— An
issue of $5,000 school district bonds has been registered by
the State Comptroller.
Sold.

Total

South Dakota.— Loans Negotiated.— A. sum aggregating

A

1

:

Kirjgsbury County, $2,000; Custer County, $1,000; Brule
County, $1,000; Deuel County, $850, and Potter County. $82^.
Stewart, Miun.— Bond Sale.- On November 24 the $7,000
5£ 10-19 year (ferial) water works bonds were awarded to
Stoddard, Nye & Co., Minneapolis, at 102*91. Following are

&

&

the bids
Nye & Co.. Minn .$7,204 00 9. A. Kean. Chicago
»7,< 08 76
Trowbridge & NiverCo.. Chic. 7,185 uO Kane & Co., Minneapolis
7,<K0 00
B.V. Montague & Co., K. City. 7,ln6 00 Minn. L'n & Tr. Co.. Minn'lis. 7,000 00
.

.

.

$52,356 14

Interest will be payable semi-annually at the office of the
City Treasurer. Principal will mature part each six months,
the average maturity being given as 2% years. Securities
are issued under sections 2704 to 2707, Revised Statutes of
deposit in money or a certified check on some naOhio.
tional bank of Toledo equal to 5% of the par value of bonds
will be requ'red with each proposal.
Trenlou, N. J.— Bond Sale.— On November 23 $52,646 %%%
10-year paving bonds were awarded to Vermilye
Co.,
York City, at 10331— an interest basis of about 3-112$. On
the same day an issue of $50,000 S%% 30-year free public
Co. New York,
library bonds was awarded to Estabrook
at 108 279— an interest basis of about 3*076£. Following are
the bids

$9,670 has recently been loaned out of the permanent school
fund to the following counties
Campbell County, §4,000;

Stoddard,

—

Toledo, Ohio. Bond Offering. Proposals will be received
until 7:30 P. M., December 28, by Geo. U. Roulet, City Auditor, for $52,356 14 4% street-improvement bonds, as follows
Date.
Name.
Rate.
Amount.
Oct. 30,1900
4 percent
$9.840 43
Rosewood Ave. No. 1 Pave
4 per cent
Hollywood Ave. No. 1. Pave. ..Oct. 30.1900
11.806 3&
4 percent
Oct. 30, 1900
Vinton St. Mo. Pave
0,18646
Oct. 30. 1900....
4 per cent
11,65624
Colburn St. No. 1 Pave
Dec. 19, 190<>
4 per cent
4,576 63
Third St. No. 1 Pave
4 per cent
Knii-ey Ave. Grade
Nov. 2,1900
6 037 01
Dec. 4,1900
4 per cent
Plymouth St. No. 1 Pave
2,254 99

— We

— Bonds

1'85

summated.

:

have not yet been
Sheridan, Wyo

——

—

:

I

|

;

G. K. Gilbert. Glencoe

For description of bonds see Chronicle Nov.
Tbomaston, Ga. Bond Election.— This town

7,000 00

Vermilye & Co New York
Es'abronk A Co.. New York
Jno D. Everett A Co., New York
R. L. Day A Co., New Yorrc

17, p. 1032.

,

on

will vote

the question of issuing $10,000 electric-light plant bonds.
Tilbury, Ont. Debenture Offering.— Proposals will he received until 12 M. Dec. 3 by A. A. Wilson, Village Clerk, for
$5,000 5$ consolidated debentures. The amount to be paid
yearly on Dec. 16 on these debentures from 1901 to 1925, inclusive, will be $354 76, this representing the interest accrued
on the outstanding securities, together with the amount of
principal which ip to be paid in each particular year.
Traverse City, Mich. Bond Sale 'Not Yet Consummated.
are advised that the $25,000
20-30-year (optional)
water-works bonds awarded toN. W. Harris
Co., Chicago,
on October 9 have not yet been issued, on account of a technicality in the city charter. The State Legislature will be

H

—We

Blodget, Merritt

A

Co..

:

Boston

New York
Farson, Leach A Co New York
Ladenburg. 'ihalman A Co.. New York
J.

A

Hayes A

107-67
108'279
lo;-)33

103-S273

A Co., New York
Thompson, Tenney A Crawford, New York
N. W. Harris A Co., New York
All^n, Sand

Library
Bonds.

103-0*3
103-03
102-88
102-81
102-777
102-67

E. D. Shepard

W.

,

Paving
Bond'.
10«3l

,

First Nat. B'k, Barnesville.... 7,075 00

New

10705
107-16
106-37
106-888

1C6C3

10266
10244
10227
H2-19

Co..

Sods. Cleveland
,

106-57

107 06

10604
106-81

Securities are dated Jan. 1, 1901.' Interest will be payable
semi-annually.
Tuscaloosa County, Ala. Bond Bill Pastes House. House
Bill No. 56, recently passed by that body, authorizes the
issuance <^f $25,000 funding bonds.
Two Harbors, Minn. Bond Sale.— On November 19 the
$5,500 5% 10-year water and light improvement bonds were

—

&

<

INVESTMENTS.
E. H.

MISCELL ANEOUS.
_JVMSCE1J^^
ROLLINS & SONS, LONDON AND PARIS Geo. D. Cook Company,

EXCHANGE,

BANKERS.

Bonds for
Permanent Investment
BOSTON.

10 Milk Street,

T. B. POTTER,
MUNICIPAL and Drikinc

BONDS,

CORPORATION

172 Washington Street,

...

CHICAGO,

ILLS.

LIST ON APPLICATION.

INVESTMENT SECURITIES.

Bankers and Exchange Agents.
HEAD OFFICE:
24 Throgmorton St., London, E.

The exchange

238-240 La Salle Street,

is

est references required,

HENRY CLEWS&CO.
11,

BANKERS.
13, 15 and 17 Broad

MEMBERS

CHICAGO

C.

prepared to entertain
a proposal for the establishment of
an Agency in New York. High,

San Francisco.

Denver.

Ld.,

New York

Nuveen

John

6c

STOCK EXCHANGE.

N. Y.
Orders executed for investment or on margin. Interest allowed on deposits, subject to check at sight
Act as Financial Aeents for Corporations and Investors. Industrial Cumbinations Organized.

8

STOCKS, BONDS, GRAIN.
COMMISSION MOTH.

Bought, sold and carried upon moderate margin.

F.

R.FULTON & CO.,

Municipal Bonds,
171 la salle street

CHICAGO.
WE

Book of Railway

Statistics

Established

J.

G.
33

Southern and Western Bonds.)

NASSAU STREET,

Max

B. Borg,

BROKHR
20

18fl8

GEO. G. WILLIAMS, Pres. Ohem. Nat. Bank
John J. Tucker,
Builder
E. H. Perkins. Jr., pr.imp.<£Trad.Nat.Bk
James R. Plum,
Leather

....

Active and successful Agents wishing to
represent this Company may com'

municatewith Richard E.Cochran,
3d Vice-President, atthe Home
Office, 273 Broadway, N. Y.

ZACHRY, BONDS,

WALL, STREET,

Asst. Secretary.

Standen, Actuary.
Arthur C. Perry, Cashier.
John P. Munn, Medical Director.
T.

NEW YORK.

InvestmentJSecurities

SECURE BANK VAULTS.

LOANS NEGOTIATED

DEAL. IN

ROSEN BERGER & LIYERMORE,
31

upon Application.

Tel. 2386 Cort.

SOUTHERN AND WESTERN Supplement
SECURITIES.
(Specialists in

YORK.

FINANCE COMMITTEE:

BROAD

ST., N. Y.
Member N. Y. Con. Stock Exchange.

Bank, Chicago

Kenway,

Wm.

H. Smith,

Fred.

STOCK BROKER.

solicited.

Reference. Ftrtt National

J. L.

22 W.33d St., op. Waldorf i202 5th Av., cor. 25th St.
487 B'way, Silk Ex. Blrig. 56 Worth & 30 Thomas St.
87 Hudson St.. Merc. Er. 116 Court St., Brooklyn.

Co

Bank Building, Chicagt

Correspond en oe

Insurance Co.
THE CITY OF NEW
OFFICERS:

George H. Burford, President.
Geo. G. Williams, Vice-Pres.
C. P. Fraleigh, 2d Vice-Pres.
Government and other Investment Bonds
Rich'd E. Cochran, 3d Vice-Pres,
bought and sold.
A. Wheelwright, Secretary.

INVESTMENT BANKERS,
1st National

1900.
United States Life

The

BRANCH OFFICES

MUNICIPAL BONDS.

52 Broadway.

1850.

IN

St.

Office,

-

NEW YORK.

BONDS.

IN ttVBSTMS/NT SECDRITIE8,

BROAD STREET, NEW YORK

File Cover.

We have a new File Cover for holding the Chronicle Supplements. It is a string file similar to
the one used for filing the Chronicle, but adapted
especially for the Supplements,
Price, 50 cents, or 68 cents sent by mail.

GENUINE

WELDED CHROME STEEL AND IRON
lound and Flat Bars and 6-ply Plates and Anxlea

FOR SAFES. VAULTS,

Cannot be Sawed, Cut, or

drilled,

&c.

and positively

Burglar Proof.

WILLIAM

B.

CHROME STEEL WORKS,

DANA COMPANY,

76^ PINE STREET,

NEW

YORK.

lole

Kent Ave. Keap and Hooper Sts.,
Man'f 'ers in the U. S. BROOKLYN. M.

S

THE CHRONICLE.

1130

&

awarded

to W. J. McDonald
Co., Chicago, at 103-4!8-an
interest basis of about 4*571^. Following are the bids.
W.J. McDonald & Co..Chicago$5,688 00 Commercial Inv. Co.. Duluth. $5,528 00
ir-^'?,T^? lte & Co., Clncin.... 5,fl81 00 Lamprecht Bros. Co.. Cleve... 5.615 00
C.R. Williams & Co., Pittsb'ff, 5,575 00 S. A. Keao. Cbicazo
5,513 75
W.J. Haves & Sons. Cleve.... 5,667 00 Devitt. Tremble & Co.. Chic. 5,512 OQ
.

First Nat. Bank, Chicago

6,550 00

Interest on these bonds will be payable semi- annually.
Two Rivers, Wis.— Bond Election.— This city will vote in
the spring on the question of issuing $20,000 electric-iight

and water-works bonds.
Van Wert, Ohio.— Bond Sale.— On Novsmber 27 tr>e $19,000 4% refunding bonds were awarded to Rudolph Kleybolte
fc

Co., Cincinnati, at 103 37.

Following are the bids

B. Kleybolte & Co., Cinein. .$19,641 00
W. R. Todd &Co..Cincinnati. 19.582 90
Citizens' Sav. & Loan Co
19,670 00

For

full description of

P. S. Briggs

& Co.,

Cinein

bonds see Chronicle Nov.

Wylsm, Jefferson County, Ala.— Bond

Bill Passes House.
has passed Bill No. 96, which permits the issuance of $5,000 school bonds.
Youngstown, Ohio.— Bond Sale.— On November 26 the
$500 5£ Eagle Street grading bonds were awarded to the
Croghan Bank & Savings Co., Fremont, at 103 16. W. M.
Wallace and R. McCurdy, both of Youhgstown, bid 102-51
and 102, respectively. Securities mature yearly on Oct. 2,
$175 in 1902 and 1903 and $150 in 1904.

—The House

STATE AND CITY DEBT CHANGES.

:

Lampreoht Bros. Co.. Cleve. .$19,556 70
1H.550 00
W. J. Hayes & Sons. Cleve.
.

.

19,395 00

Guernsey County, Ohio.—Wm. P. DeHart, Auditor.
bridge

is

LOANS—
When Due.
J&J, $30,000
July, 1906-15
Bond, debt Nov. 1. 1900. $51,000
Floating debt
10,000
Total debt Nov. 1, 1900.
61,000
Assessed valuation, real.6,339,130
Mount Vernon,

111.

4s. g., serni-an.,

$8,000.. 1901-'04

4s, g., semi-an., $10,000.. 1905-'09
6s, g., semi-an., 55,000.-1901 '30

Main sewer Bonds—

\

$6,500 in anticipation of the collection of taxes.

M&S, $10,000

Sept.

MISCELLANEOUS.

The Audit Company

INVESTMENT BONDS A SPECIALTY

ROLSTON &

High-Grade
Municipal,
Railroad and
Corporation Loans.

BASS,

SEND FOR NOVEMBER LIST.

BKOAD STREET, NEW YORK.

Companv
in a

P. O.

Box

W. H. ROLSTON,
W. ALEA. BASS. JR..
Members N. V Stock Ex.

2956.

Farson, Leach

EDWIN

S.

HOOLE1.

CHICAGO.

proper manner.
U.

Any

carelessness or irregularities
have been discovered.

Municipal and Corporation
To net the Investor

3 to
S.

The simplest modes of book-keeping

4. If

5M

Lists sent

on application.

W.

til fiongress Street, Boston.
Chamber of Commerce Bldg.,

HAYES & SONS,

IRE^DY

Co.,
NEW YORK.

a Specialty of

P. J.

STOCKS.
GOODHART &

CO.

CO.,

Members N. Y. Stock Exchange.

Cleveland, Ohio.

Inspections of books are made without
for the purpose of quoting

&

BANK AND TRUST

Per Cent.

the books do not present a true
commercial situation, the fact
will have been pointed out.

J.

We Make

Bonds

have been suggested.

•charge,

Floating debt
Totaldebt Oct. 1,1900..

MISCELLANEOUS.

STOCKS, BONDS, *
AND MISCELLANEOUS SECURITIES
lo

The hooks have been closed

1,1901

the Citv Treasurer.

MISCELLANEOUS.

a Guarantee that

Bonded debt Oct. 1, 1900..$98,000
Population 1890 (Census).. 3,233
Population in 1900 (est.)
7,000

31,000
555,965
Garbage Disposal BondsTax valuation, real
10,282,440
1901-1903 Tax valuation.personal 4,171,300
5s, F&A, $9,000
Total valuation 1899 ... 14,453,740
($3,000 yearly on Aug. 1.)
Assessm't about 40 p.c. actual val.
Water Bonds—
6s, M&N, $100,000... Sept. 1, 1901 Total tax (per $1,000) '99. ..$3250
33,220
5s, A&O, 110.000.May 1,'Olto'll Population in 1890 was
Population in 1900 (Census)44,885
($10,000 due yearly.)
INTEREST on the water-works bonds of 1901 is payable at the
National Park Bank, New York City; on all other bonds at the office of
6s,

upon that property. We are advised that the bonds,
issued, will most likely be taken by the contractor for
the work— August Dieman— as an investment.
Waupaca, W is.— Temporary Loan.— The city has borrowed

is

This

Treasurer.

—

lien

this

E. Patton,

Younpstown, Ohio. Frank L. Brown. Mayor; Wm. I.
Davits, City Clerk. Youngstown is in Mahonirg County.
When Due.
Street Imp. Bonds—
LOANS—
Fire Department—
4s, 5s & 6s, $260,965. ..19011909
5s. A&O,$33,000.Oct.l,1901to'17 Bonded debt Oct.1,'00.. $524,965

when

Audit bv

—Frank

Water Boods—

Waukesha, Wis.— Bonds Proposed.—The Finance Commit-

An

. .

county seat of Jefferson County.
When Due.
Light Eonds—
LOANS—
Refunding Bonds—
6s, g., semi-an., $25,000. (to be is.)

tee of the City Council is considering an ordinance providing
for the issuance of $6,681 05 6% Broadway paving bonds.
Thirteen bonds will be in denomination of $500 and one of
$181 05. One-tenth of each bond will mature yearly. These
bonds are not a direct liability of the city, but are issued
against the property abutting on the street paved and are a

Queen Building,
New York Life Bldg.,
Cedar & William Sts. La Salle & Monroe Sts.
New York City.
Chicago.

Assess, valuation, per'l$2, 662,521
Total valuation 1900.. 9,001,651
Assessment about % actual value.
PoDulation 1890 (Census). .28,645
Population in 1900 (est.) .30,000

city is the

A

OF NEW YORK.

Cam

the county seat.

4s.

17, p. 1033,
will be re-

Versailles, uhio.— Bond Offering.— Proposals
ceived until 12 m., Dae. 12, by Jas. W. Reser, Village Clerk,
for $24,000 5% water-works and electric- light bonds.
Securities are in denomination of $1,000, dated Nov. 2, 1900.
Interest will be payable semi-annuallv and the principal will
mature $1,000 yearly on November 2 from 1903 to 1926, inclusive.
certified check for 5% of the gross amount, payable to the Village Clerk, will be required.
Washington.— Bond Issue.— The State Auditor has i=sued
$65,000 bonds in favor of the State Permanent School Fund,
making the total amount of such bonds issued to date $730,000.
These bonds go to take up outstanding warrants of the
State and are subject to call at any time.

1.

[Vol. LX2.I.

38

WAL.L.

STREET,

NEW YORK.

JAIVU.AJR,Y lSth, 1901

Terms are reasonable because
of the despatch with which audits are
made and reports are furnished. Man-

prices.

agerial oversight
counting.

is

given to

SIMON BORG &

all

ac-

Hand-Book

20

Nassau

Street,

Railroad

Securities.

Earnings, Dividends and Quotations

CO.,

BANKERS,
No.

of

For a Series of Years to

JANUARY

I,

1901.

New York
§1 OO

Single Copies,

High-Grade
Investment Bonds

And Guaranteed Stocks
Descriptive Circular sent upon application.

To

Chronicle Subscribers,

75

-

Furnished to Brokers in quantities with firm name lettered in gilt on
front covers at Special Rates.

"William
U

J3.

Dana Company,

PINE STREET,

NEW

YORK.