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financial
nmwtf®
Quotation -Supplement
State andCiU/ Supplement <§m)m^
Investors Supplement (&*«$
[Entered according to Aot of Congress, In the year 1900, by the WILLIAM B.
VOL.
Dana Oomtakt, In the office of the Librarian of Congress.
SATURDAY, DECEMBER
71.
(^nm^
Railww-Supplement
Street
(mmtHj)
NO.
15, 1900.
]
1851.
Week, ending December 8
(Hearings
PUBLISHED WEEKLY.
Terms of Subscription—Payable in Advance:
For One Year
$10 00
For Six Months
6 00
13 00
European Subscription (including postage)
European Subscription Six Months (inoluding postage)
7 50
*2 14 s
Annual Subscription In London (inoluding postage)
ao.
Al lis.
SlxMos.
do.
do.
Above subscription includes—
Stbeet Railway Supplement
The Quotation supplement
State and City Supplement
Thb Investors' Supplement
Terms of Advertising—(Per Incb Space.)
Transient matter
$4 20 Three Months (13 times) .$29 00
" ).. 50 00
Six Months
8TANDING BUSINESS CARDS.
(26
" ).. 87 00
Two Months
(8 times).. 22 00 Twelve Months (52
.
Messrs. Edwards <fe Smith, 1 Drapers' Gardens, E. 0., will take subscriptions and advertisements, and supply single copies of the paper
at Is. each.
B.
1900.
New York....
Philadelphia.
Pittsburg
Baltimore....
Buffalo
DANA COMPANY,
Publishers,
Pine Street, Corner of Pearl Street,
new YORK.
Post office box 958.
99,303,670
82.787,403
26.645.121
5,887.724
2,887,694
3,178,571
2,795,638
1.202,909
1,252,059
998,949
481,500
874,174
Washington..
Albany
Rochester....
Syracuse
Scranton
Wilmington..
Binghamton..
Chester
Total Middle
Boston
Providence
Hartford
New Haven
Springfield
Worcester
Fall River
Lowell
New Bedford
Holyoke
Total New Kng..
Chicago
Cincinnati
Detroit
Cleveland
Columbus....
$2,076,494,861 the corresponding
week
....
Indianapolis
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. 15, have
been $2,061,407,305, against $2,174,952,865 last week and
of last year.
Peoria
Toledo
Grand Rapids
Dayton
Bvansville
Toungsto wn
Springfield, 111
Lexington
Akron
Kalamazoo
Rockford
Springfield, Ohio..
Canton
Week Ending December
Clearings.
Returns by Telegraph.
,
Chicago
St. Louis
Orleani
cities, 6
Other cities,
Total
5
days
days
all cities,
All cities, 1
Total
,
$1,091049,298
-23
189.262,797
—8-6
-6-6
+19*1
20.981,242
115.808.534
33.248.603
16,244,214
*1 ,458,487,678
237,013,409
81.434,652
17.616 708
121.581.6C7
31,538,317
10,477,498
$1,482,940,773
214,071,269
-4 7
+54
465-0
-2
+10 7
for week.
$1,690,501,087
$1,697,012,012
-04
370,906,218
6 days
day
all oitles
1899
124,653,662
76,908,459
Boston.
Philadelphia
Baltimore
Seven
P. Cent
1900.
11.065,64:3.064
New York
New
Jacksonville,
15.
869.482.819
-2-3
12,061,407.305
$2,076,494 861
-07
111...
Quincy
Tot. Mid. West'n
San Francisco
Salt
Lake
City
2597,144
Seattle
2.656,Si8»
Spokane
1,116,794
1,240.470
Tacorua.
the week covered by the
above statement will be given next Saturday. We cannot,
of course, furnish them 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, December 8, and the results
for the corresponding week in 1899, 1898 and 1897 are
also given.
In comparison with the preceding week
there is an increase In the aggregate exchanges of
three hundred and sixty- nine million dollars, the gain
at New York being two hundred and fifty millions.
Contrasted with the week of 1899 the total for the
whole country shows an excess of 19*2 per cent. Compared with the week of 1898 the current returns record
an increase of 39-7 per cent, and the excess over 1897 is 65*2
full details of clearings for
Kansas City
Omaha
Paul
Denver
Joseph
Des Moines
DavenportSt.
per cent.
per cent.
Outside of New York the increase over 1899 is 6*2
The excess over 1898 reaches 25'5 per cent, and
making comparison with
1897 the gain
is
seen to be 41*8 p. c.
Topeka
Wichita
Fremont.
Hastings
Tot. other West.
St. Louis
1,165,301
Louisville
Galveston
,
Houston
Savannah
Richmond
Memphis
,
,
Atlanta
Naj-hville
Norfolk
Augusta
,...
Birm Ingham
Macon
Rock
.
Halifax
Hamilton
St. John
Victoria
Vancouver
Total Canada
1,942,681
1,024,781
l,683.70i
1,063,566
+113
-6
6
920.060
696,077
367,600
928.032
669,462
841,700
+212
+266
1,093,621.872
895,787,980
105.025,862
6,661.200
2,881.680
1.445.278
1,268,033
1.487,841
1.819,167
924,009
626,519
479,791
+9
-2*8
+4
+0-00
—1-8
-107
-99
-71
+118
+191
+8-6
+0-2
+83-1
-5-6
+01
—38
+110
+13 5
+154
-08
—9-9
+6-2
+80 2
+7*4
—159
-37
-10-1
+0 5
+iro
+16
4
—18-9
+11*0
—10 6
—24
+331
-15-8
in tot
-01
+2 8
— 136
+19
7
+20'3
+26
-28-8
+6 4
+2-7
+17*6
17,992 403
10,092,049
6 084,000
4.906 946
6,556,138
4.4*8 670
5.209,762
2,870,171
1,892.180
1,692,782
2,167,478
615.888
3,682.413
1,104,000
928,000
765,392
778.793
480,425
144,208
140,000
55,439 201
—48
-03
-0 9
+6-8
+8-4
-10
+14
+17
8
8
+158
+9*4
+2 8
+4-0
+17-9
925 838
86.781.110
320.965
873.956
274.900
817.973
848.669
174.680
176,704
156,979 624
16 068.789
1.649.628
2.549,476
1,453.914
1,435,873
894.302
867,821
550,000
28,234.579
12.126,728
11,637 0«5
7,140.954
6,491,609
2,641,607
2,100,000
1,4*0,478
25,830,375
11,828,192
12.088,076
5,298,049
5,524.810
2,441,565
1,428.028
1.200,000
689,0(10
562 863
945,392
600.441
453.239
115.193
123,890
794.081
618.631
418,248
82.305
108,722
41,836,018
29 902,949
12 346.868
7,317.619
4.162 800
8,975,542
3,614,908
2,703 957
3.886,524
1.898.811
1,840.771
1,042 661
1,167,840
1
8 319 023
2.959.169
3,217,602
1.899,617
1,326.462
1,848,154
833,545
621.C52
872 883
128,240
436 801
895 328
1,100,508
522,352
575,000
879,000
44 ,930
613 760
289,671
235,859
—25-8
342.78*
241.393
81.487 503
558 500 430
601 582 294
16 514 812
10.841674
2,934 076
1.450 00C
871 99844 262
816,941
844.290
-5 5
35.117,953
1
+6*2
—97
+8-6
3.458.617
2,179 8871
-115
-200
857.fi04|
+22'9
38,853 583
223797
171.986,423
16.037.800
8,614,130
2,182 679
1,690,898
1,879.324
1.242.576
842,201
632.965
578,400
34,308
4.728A00
8,181.147
2.135,047
1,805.380
2 008.643
1,581,712
591,409
901,765
919.184
773.000
652.48*
450.029
285 426
120,669,280
107,880.749
14.891,800
6,881,687
6.947.602
6 116.260
4,081,800
2,291,821
1,792,210
1.772.618
948,289
81D.543
a!.
4,711,500
S218.SH1
804,8121
1.116,402]
1,239,9121
186,724,887
120,214,878
13,371.900
6.91 1,266
8,867,387
5.499 386
4,4*3,300
2,816.170
2,017 393
1,997 959
1,151,264
1,006,9-2
867,940
357,867
417.60H
538.057
889,000
348,256
256,187
268,150
215,698
34.341.235
12.517,996
6,855,162
.
3,060 308
1 744.237
1,053.303
747.906
647.806
120,410.989
5.206.600
2.831,750
1,776.371
1,525,579
1,649,240
1.692,464
969,922
760,860
602,237
46.446.6fr6
84.319.794
13.3«9.710
8.573,993
4,041.500
4,6*1,470
4,071,067
427492
Chatt anooga
251.400
Jacksonville
87613.956
Total Southern
106 860.837
Total all
2.174.952,*65 1.825 007,767
Outside N. York.. 754,966 574 710.940 632
17.264,0601
Montreal
15 582 679
11,942 489!
Toronto
12 989.53*
Winnipeg
+ 18-8
—5*0
—4*7
38,497,874
14,664,117
14.871,671
6,168,299
6.638 319
4,324,222
4,030,923
1,633,981
1,043,305
1, 3a 1.088
1897.
788.921,643
67,663,463
14,891.628
17,227.781
6,173,955
2,296,151
+5-7
—8-6
69 117 475
88 228 923
Orleans
Little
211,764,086
21 649 083
4,092.581
2.233.810
2,159.007
2,124 852
1,525,000
1898.
954.918.136
84,378,565
18,822.687
22,979.989
5,0*0,087
3.000 959
828,782
606,022
218.436
17,220.915
14,823,673
6,410.450
6.021,577
4,473,589
3.990,094
1,753,831
1,223 593
1,641,211
851,927
491,615
150,000
165.100
Minneapolis
Knoxville
Fort Worth
Not include
+275
+124
+190
+156
37,492,981
Sioux Falls
Total Paclflo
New
162,073,364
147,808,172
16.942,030
8,355.310
10,285,663
6,377,141
6,988 000
8,2*8 581
2,044,826
2.487,1*2
1,391,378
1,363 279
979 384
337,688
504,555
685.011
487,000
444.510
283.549
382,987
258.857
169,808
1900.
P. Cent.
870.305
553.999
2C3.228
Helena
Fargo
Sioux City
The
182,277,119
142,950 790
18,807,450
9,486.297
11,870 608
6.326,051
6,295.300
8,493,467
2,662,643
2,670 137
1,169,821
1.326,616
880,065
339, IU6
560,085
681,109
424,100
493,760
253,498
874,149
344.203
135,406
286,217
211,044 750
22.040.040
3,534,896
2,673,816
Portland
Los Angeles
St.
88.360.283
27,517,681
23,071,372
6,195,865
3,028,321
2,916,734
2,456,601
1,286,416
1.125,283
985,657
460.700
808.839
1,697.669.708 1,271,729,287
143,483.959
143,483.339
7.067.800
7,134,100
2,569,786
2,877,859
1,688,402
1,762,540
1.582,423
1,703,351
1.4*8,774
1,831,688
1,455.534
1.221,798
1,234,671
1.137.7P9
583.796
582,464
910,100
497,118
822,324
341,368
Milwaukee
CLEARING HOUSE RETURNS.
1899.
1,419.986,291 1,114.066,435
Portland
London Agents:
WILLIAM
at—
-7*1
—42
485 605
76 809 887
318 363,064
533 4*1.441
12 9C1 554
8,713197
2,489.308
1,278,480
787.628
670,869
26.840.946
THE CHRONICLE.
1188
remainder of the month at least, had no influence on
Stock Exchange values until Thursday, and then it
was questionable whether the reaction, so far as there
was any, was not the result mainly of a profit-taking
movement. An encouraging fact, contributing probably in some measure to remove the fear of more active
money, which the outflow to the interior and SubTreasury drain gave rise to, was the successive and
material declines in the rates for foreign exchange
the first half of the week, indicating a likelihood of
gold imports if any considerable stringency developed.
Whether, however, gold imports will follow on this
occasion or not, the quick response the foreign exchange market has made this week, and has indeed
THE FINANCIAL SITUATION.
not an unusual circumstance that money should
harden as we approach the first of January. We are
only surprised to have it happen on an occasion when,
during the previous seven and a half months, copious
additions about 117£ million dollars have been
It is
—
[Vol. LXXI.
—
added to our alreadv large supply of currency afloat.
But as we explained a week ago no quantity of paper
money, like in kind to those we now have in use, will
ensure us against decided stringency in times of active
business or extreme redundancy in times of industrial
depression.
Indeed, so long as the existing note ar-
rangements are continued in operation in the United
States, too much or too little money to promote
healthy industrial development will always be the
complaint. Of course we cannot expect a money market without fluctuations, even if we had a currency in
absolute accord with commerce ; but with a sound de
vice in operation the variations would be within narrower limits and less frequent, trade influences being
made on
several
moderate
rise in
stantial
relief
Europe
stands
previous occasions
money
here,
our large
ready to
money assume the
this year, to a
evidence of the subbalance in
unsettled
should
dear
furnish
is
form of a continuing conof
favor
even
dition.
Besides this, and in
cheaper money, is urged the rumor already rethe regulator, automatically correcting the irregulari- ferred to, that Secretary Gage will soon issue an offer
ties when in the germ, and hence before they had de- to buy bonds and that 10 millions or more of the
veloped a crisis.
surplus revenue accumulated in the Treasury will
At this juncture it is not only a faulty currency but be returned to the market in that way. Many appear
in some considerable measure also a clumsy Sab- to think also that immediately after the new year
Treasury system that is briskly at work in the interest opens a return flow of currency to this center will set
of tight money.
Daring the two weeks of the cur- in from the interior. Altogether, for these reasons,
rent month the Sub Treasury has taken about 6£ the low and declining state of the bank reserves and
million dollars out of the banks and locked it up in the consequent unfavorable present and prospective
Government vaults. From the 14th of last March to condition of the money market has had but little influthe 1st of December the amount of cash in Sub- ence on securities. Instead of depression, the course
Treasury increased about 8| million dollars. Hence, of values was as a rule, except on Thursday, again upfrom March 1 to December 15 commerce has, through wards. In this movement the whole market shared,
the action of the Sub-Treasury system, lost the use of being stimulated by rumors and later by information
about 15 million dollars; if the banks had continued to regarding an anthracite coal arrangement explained
hold this cash, there would, with the other items in below in this article, which it was expected would
the bank accounts standing as they are to-day, be very make all coal properties prosperous. The character
little danger to be anticipated from close money at the of the market the current week has been in this
turn of the new year. It is rumored that Secretary Gage respect not very dissimilar from its course in previous
is about to offer to purchase 10 million dollars of bonds weeks.
Indeed the very air seems of late to have
for the purpose of rectifying this derangement and put- been charged with reports and visions of new adjustting these hoardings by the Government back into the ments and combinations of great promise, until now
channels of commerce where they belong. Whether at length some kind of favorable combination has in
this proves true or not, how strange it is that our peo- turn included about every railroad on the list.
In the
continue to suffer a system to exist, the meantime and in addition to these reports, there is a
ple should
unvarying action of which is to disturb our money real and substantial support to the market. It is
market year after year whenever our tax laws are so found in the harmonizing tendency prevailing, and
The system is also in the earnings, which are almost everywhere
productive as to yield a surplus.
allowed to remain on our statute books, although showing much better results than were anticipated
every one knows whenever there is a continuing sur- during the current period; and as general business
plus, that it day by day goes into the Government continues to develop, the prospects for the future of
vaults, and when once there, no method of getting it dividends looks promising.
out is open except by a bond purchase. Moreover the
bond purchase is a kind of extra official act, for the
A prominent feature of the week was the issue on
duty of the Secretary of the Monday of the Government cotton crop report and
law nowhere makes it the
Treasury to relieve the money market in that way. A the serious break in the price of the staple it caused.
dishonest speculative Secretary holding the office The report indicated a crop of 10,100,000 bales, and
could by means of this surpl s through a misuse of his on the publication of that fact the market in New
opportunities, and without bieaking any statute, York dropped from 40 to over 50 points (which means
make unnumbered millions for himself and his from two dollars to nearly two and three quarters dolTo be sure, it would be at the expense of lars per bale) and the New Orleans market lost about
friends.
Of
Later there was a partial recovery.
the public weal, and perhaps of every business enter as much.
priso; but the speculative devotee always forgets his course much of the decline was due to short sales,
neighbor's interests and not unfrequently without and the recovery was also in considerable part
scruple sacrifices those interests.
profit-taking
of
by those who had
tho effect
helped to sell the market down. It seems, howThe present condition of the money market, and ever, that the sentiment of the operators on
tho prospect of higher rates for loanable funds the our Cotton Exchange had been keyed to expect a
1
December
15, 1900.]
THE CHRONICLE.
Government estimate, and when disappointed
in that particular it easily swung to the opposite extreme and inclined to an interpretation of the report
indicating a crop even higher than the Government
figure; the argument was that as the statistician
erred in his estimate a year ago between three and
four hundred thousand bales, 10,500,000 instead of
10,000,000 bales was the more correct interpretation
of his estimate of the outcome of this season's yield.
smaller
istic
to
now be
the
1189
existing
built, it
will
roads.
be
by
Should
friendly
the
lin e
hands,
for
Pennsylvania Coal Company was the principal backer of the project, and with the ownership of that company changed the character of the
ownership of the new line would also have to change.
The venture could not hope to succeed without the
co-operation of the Pennsylvania Coal Company. This
is so for a double reason: first, because the money for
Altogether the result was a panicRy condition for a the purpose could not in that event be raised, and,
time. Now there is a somewhat better tone, and secondly, because without the traffic counted upon
prices have in part recovered Monday's loss.
This from that company's mines the road could not secure
recovery is very likely in some measure due to the enough business to warrant its construction. It was
crop report of Latham, Alexander & Co., published the support extended to the project by this rich and
on Wednesday, representing not their view, but the powerful corporation that gave to the proposition its
view of 2,285 correspondents, and reaching a result formidable aspect.
With that support withdrawn
of 9,766,910 bales.
or (if continued) accorded by parties who are concerned to conserve, not to destroy, the capital already
A notable feature of the European situation was the invested in the anthracite properties, the idea of cardevelopment on Wednesday of stringency in the dis- rying through the project as a hostile enterprise will
count market at Berlin, and on the following day the have to be abandoned.
open market rate advanced to figures quite close to the
The undertaking had previously received a serious
Bank rate. Cable advices report that one of the mort- blow in the action of the New York Ontario & Western
gage banks in what is known as the Spielhagen group in acquiring the coal lands of parties who had inhas been engaged in reckless advances upon properties tended shipping their product over the proposed road.
beyond the legally established limits. The discovery But it remained for Mr. Morgan to completely upset
of this fact led to the collapse of that group of the plans and purposes of those who wanted to carry
organizations, which
altogether
reported to the scheme through as an attack on the existing propis
have placed $125,000,000 of mortgages with German erties. It is well to correct a very prevalent error as
investors.
Quite naturally this event occasioned to the reason why the construction of a new line is
distrust of all mortgage banks, and an unsettling fall undesirable.
It is not because the tolls now charged
in this class of securities followed, which now on anthracite shipments to tidewater are high, and a
seems to have had a disturbing effect upon the Berlin new road might be able to carry coal at lower figures.
money market. The cable reports, however, that the There is no basis for such a claim. The reason for aptrouble is confined within narrow limits and that it prehension exists simply in the fact that there would
has nothing to do with German banks other than be one more competitor with which to divide traffic
mortgage institutions.
A member of the firm of that at present yields barely enough to maintain profitKuhn, Loeb & Co. said on Thursday that he did not ably the roads now engaged in uhe business. Contrary
regard the disturbance as serious. He said that be- to popular impression, profits injthejanthracite-carrying
cause one company had indulged in over-speculation trade have not been large or excessive. If any one is
and had failed, it did not follow that the whole system disposed to dispute the statement let him ponder over
would crumble. The German bond issues of this the trying experiences which nearly all the anthracite
Even such staunch concerns as
character, he said, represent hundreds of millions of companies have had.
marks. The Government control over these issues is the Lackawanna and the Delaware & Hudson have at
rigid and it will not permit any panics and it will act times found it hard to earn their dividends, while as
upon any sign of a crisis. Other foreign bankers ex- to the others, the history of the Beading and the Erie,
pressed the opinion that the disturbance in the Ger- and even the Lehigh Valley, speaks eloquently of the
man money market would be only temporary. One hardships all have had to endure.
banker said that the present situation in Germany
Under Mr. Morgan's bold stroke threatened harm
was not unlike that which occurred in the United in the way suggested has been removed. The future
States a few years ago when certain farm mortgage of every one of the anthracite properties is made
syndicates collapsed.
They had loaned money to clearer and more assured by reason of this step. No
Western farmers on their lands and issued mortgage information is yet available as to how the purchase of
bonds for the loans. When the farmers were unable the Pennsylvania Coal Company is to be financed.
to meet their contracts, the security of the mortgages But of course that will be the easiest part of the task.
was impaired, heavy losses were incurred, and the The main thing was to get possession of the property.
syndicates disastrously failed.
A large amount of money is involved in the purchase,
but the Pennsylvania Coal Company is a very profitThe house of J. P. Morgan & Co. has again dis- able property. For years it has paid 16 per cent divitinguished itself in a movement to harmonize and dends on its stock. While the move in insuring conpromote and protect interests of large importance. tinued harmony in the anthracite trade is of
The purchase of the Pennsylvania Coal Company great benefit to all the companies, the Erie of
must be regarded as a stroke of policy of the highest course is concerned in it beyond all others. The
rank. Its far reaching effects can hardly be exagger- product from the Pennsylvania Coal Company's mines
ated.
As
far as the anthracite properties are con-
cerned the step means the protection of large vested
interests whose future might have been seriously
threatened if the proposed independent line to
tidewater had been built by parties antagon-
the
has been going over the Erie.
The
loss of this ton-
nage to that road would have been a serious matter.
The purchase of the property, through Mr. Morgan's
intervention, ensures permanently the continuance of
such shipments. If, as seems likely, the property
THE CHRONICLE.
1190
should be turned over exclusively to the Erie, the
Erie would get not only the profit from the transportation of the company's shipments, but also the
profit from the mining and sale of the coal, which
we have seen has been very large.
[Vol. LXil.
week was the reduction in the surplus reserve of
the banks 15,164,550, or nearly one-half, the surplus
for the previous week having been $10,865,675. The
last
banks lost $6,006,100 cash, while the deposits were
reduced by only $3,366,200. The loss of cash was
due to Sub -Treasury operations, which included transfers of money to the interior, chiefly to the
South. There were also transfers to the Sub-Treasury through their New York correspondents, by depository banks in the West at the whiskey centres, of
internal revenue collections in excess of the amount
covered by the Government bonds which they had
principally
Efforts to protect
are also under
way
and
conserve railroad interests
We
in other directions.
more particularly to the action taken
last
refer
week
at
the meeting in this city of the Presidents of Western
roads in providing for the appointment of an advisory
committee composed of representatives of the leading
financial interests in all the great companies repre- on deposit as security for public funds.
While
The importance of this action does not seem the transfers to the South have continued large this
sented.
In fact the action itself week the internal revenue transfers have diminished.
to be generally understood.
appears to have escaped notice. We gave prominence to
it in this article last week. The matter, however, does
not appear to have attracted attention anywhere else.
Great stress has been laid upon the failure of the St.
Paul and the Kansas City rate committees to reach an
agreement, but the really noteworthy result of that
meeting was the action referred to relative to
an Advisory Committee. This committee will bring
prevent the
influence to
bear to
its powerful
through the
railway profits
frittering away
of
making of unlawful and unauthorized cuts and
rebates in rates, which besides being a violation of the
Inter- State
Commerce Law,
lead eventually
to
rate
wars and the axtinguishment of profits from the railroad-carrying business. We are prompted to recur to the
subject to-day because Chairman Jeffery has this week
announced the personnel of the committee. The
names are a guaranty that whatever plans are determined on will be carried through. The commit-
Morgan &
Jacob H.
E. H. Harriman and Aldace F. Walker.
tee includes J. P.
Co.,
Schiff,
there were indications after the middle of the
week that the bank statement, to be made public
to-day, would be quite unfavorable.
With the excepStill
announcement that the January interest,
amounting to $5,661,228, on Government bonds would
be anticipated, the coupons being paid on and after
December 15 and the registered interest December 20,
the Treasury Department has given no indication of
movements for the relief of the situation. It has
been rumored, however, that should monetary conditions at this centre become seriously strained, the Section of the
to purchase for the
sinking fund a
the 4s of 1925.
revival in the iron
trade which has been in
progress since the result of the Presidential election
The
exchanges of fundable bonds for the new 2 per cents
amounted
the close of business on Tnursday to
$384,500,000 and the exchanges on that day alone
at
were more than $6,000,000, representing two days
accumulations, the Treasury Department having
been closed on Wednesday for the District of Columbia Centennial Celebration.
Money on
The
may offer
round amount of
retary of the Treasury
representing bankers' balances, has
been active this week, loaning at 6 per cent and at 3
call,
per cent, and averaging 5| per cent.
On Monday and
on Tuesday loans were made at 6 per cent and at 4
became known is reflected in the statistics of iron
per cent, with the bulk of the business at 5^ per
production which the Iron Age of this city publishes
regularly each month.
For the first time since last cent. On Wednesday the transactions were at 6 per
June the decline in production has been checked, cent and at 4£ per cent, with the majority at 5-J per
and instead we have an increase.
On June 1 cent. On Thursday loans were at 6 per cent and at 3
were
there
293
furnaces
in
blast
gross capacity of 296,376 tons per week.
with
a
By Novem-
per cent, with the bulk of the business at 5^ per cent.
On Friday transactions were at 5| per cent and at 4
per cent, with the majority at 5 per cent.
Banks
and trust companies have loaned at 5 per cent as the
an output of no more than 215,304 tons per week.
minimum, but the majority of the down- town instituFor December 1 the returns show 211 furnaces active,
tions have each day placed their money at the rates
with a weekly output of 228,846 tons. In other
ruling at the Stock Exchange. Time money has been
words, there has been a recovery of 13,542 tons
in good demand for short periods and particularly for
per
beirg at the rate of almost three-quar-
ber 1 only 201 furnaces were
still
in operation, with
week,
a
million
tons
satisfactory
feature
is
ters
it
of
per
that
year.
the
The
statistics
while for longer dates the inquiry has
most thirty days,
make been only moderate. Banks as a rule have not offered
evident that consumption has at length overtaken
production, where previously the reverse was the case.
Furnace stocks had shown a small decline the preced-
loans freely for the short periods, preferring to
engagements for not
less
make
than four months. Rates are
per cent for thirty days and
4|@5
6
per cent for sixty
months, on good mixed Stock Exchange
days to
ing month, the total of the stocks sold and unsold
There has been an excellent demand this
collateral.
having dropped from 670,531 tons Octiber 1 to 641,week from the West for commercial paper, and large
466 November 1. December 1 finds the total down
amounts of choice names have been placed wilh
to 556,636 tons.
Chicago banks and even with institutions at more
Purchases by local institutions have
points.
There has been no change in the official rates of distant
been small, owing to the low bank reserves. The
discount by any of the European banks this week.
The Bank of Bengal at Calcutta has, however, ad- supply, while not abundint, is good, and generally of
Rates are 4f per cent for sixty
character.
vacced its rate of discount from 5 per cent to 6 per a choice
to ninety day endorsed bills receivable, 5@5£ per cent
cent, closely following an advance in the rate from 4
per cent for good four to six
per cent to 5 per cent last week. The striking feature for prime and 5|@6|
of the statement of the
York Associated Banks months' single names.
six
New
^
.
.
December
.
THE CHRONICLE
15, 1900.]
1191
England minimum rate of discount 4 79f@4 80, cotton for acceptance 4 80}@4 80| and
remains unchanged at 4 per cent. The cable reports grain for payment 4 81@4 8l£.
discounts of sixty to ninety-day bank bills in London
The following gives the week's movements of
at 4 per cent.
The open market rate at Paris is 3 per
money to and from the interior by New York banks.
cent, and at Berlin and Frankfort it is 4£ per cent.
Received by
Net Interior
Shipped by
According to our special cable from London the Bank
Week Ending Dec. 14, 1900.
Movement.
N. T. Bank*. N. Y. Banks.
of England lost £99,792 bullion during the week
1813.000
15,198.000
$6,011,000
Loss.
Currency.
and held £31,103,333 at the close of the week. Oar Oold
193,000
699,000
892 000
Loss.
correspondent further advises us that the loss was due
Total gold and legal tenders.
15,897,000
{6,903,000
loss, $i,co6,ooo
to the export of £73,000 (of which £50,000 were to
Result with Treasury operations
Malta and £23,000 to France), and to shipments of
The Bank
of
:
Banks
Interior
Into
Out of
Net Change in
Banks.
Week Ending Dec.
£27,000 net sent to the interior of Great Britain.
Banks.
Bank Hnldinm-
$5,S97,000
$6,903,000
16,700,000
10,200,000
Loss. $1,003,000
Loss. 2,500,000
$22,697,000
$26,103,000
Loss. $3,606,000
14, 1900.
movement, as above
Foreign exchange has been lower this week, influenced by the activity in our money market, by a
comparatively light demand for remittance, by offer-
Sab-Treasury operations
ings of bills against securities bought through the
ia the principal
European account, and by a modbills,
chiefly drawn
against cotton. The expectation that there would be
a demand to remit for the securities which arrived on
the German steamer from Europe at the end of
last
week was not realized, and it was re-
Total gold and legal tenders
The
following table indicates the
arbitrage houses for
supply
erate
commercial
of
actual business
and
to 4
fell
short to 4
for
84|@4 84|
one- quarter of a cent for long
80|@4
81
for the former
and
for the latter, while rates for cables
declined half a cent, to 4
85@4
85£.
The market was
of bullion
European banks.
Dec. 14 1899.
Dec. 13. 1900.
Bank
of
Silver.
Total
Gold.
X
Gold.
t
S
f ranee
Germany
Total.
Silver.
X
81,103,333 29,809.659
29,809,659
93,038.961 44,420,908 137,439.872 75.353 191 46,612,853 121,966,041
26,714.000 18.761,000 40.475,000 25,085.000 12,922,000 38,007,000
72 021,000 6.022.000 78,046,000 86,«7,OO0 4.968.000 91,345,000
88,315.000 9.810000 48,126,000 32 314.000 9 517.000 41,831.000
13,989.000 16,312,000 30.231,000 13,600.000 14,175.000 27,775,000
15.885.000 1,742,000 17,127,000 15,451,000 1,491,000 16,945,000
31,103.383
ingland
—
inssla
Aus.-Hung'y
garded
probable
the
bulk
this
as
that
of
consignment had been remitted for before the arrival
of the securities.
The stocks which were bought
during the week for European account seem to have
been promptly drawn against, and the dear rates for
money caused some liquidation of hoarded sterling
and it also stimulated offerings of bankers' and of
commercial bills. Gold received at the Custom House
during the week amounted to $28,716. The Assay
Office paid $834,712 89 for domestic bullion.
Nominal rates for exchange fell during the week to
4 81^@4 82 for sixty day and to 4 85£@4 86 for sight.
Rates for actual business opened on Monday at a decline of half a cent for long, compared with those at
the close on Friday of last week, to 4 81 @4 81£, while
those for short and for cablesjf ell one quarter of a cent,
to 4 84f @4 85 for the former and 4 85^ @4 85| for the
latter, and the tone was weak, and it so continued on the following day.
Then rates for
amount
Spain
'taly
Netherlands..
Vat.Belg
m
4,877,000
5,635,000
10,412.000
8,757,000
5,905.000
9.662,000
2,981,000
1,491,000
4,472,000
3.005,000
1,602,000
4,507,000
Tot.this week 298 377,297 99,093,908 897.471,205 284.751,750 97,095.853 381,847,603
Tot. prev. w'k 1299.408,697 99,346,259 398,754.856 286,604,531 97.118,076 383,722,607
AMENDING THE NEW YORK CHARTER.
The municipal charter
of
Greater
New
York,
as
adopted in 1897 by the State Legislature, is peculiar
among almost all instruments of government in these
regards, that its main provisions were regarded with
doubt and suspicion by competent authorities, even
before its enactment, and that the failure of the
purpose of several of these provisions was visible
month
went into operation.
some of these provisos was repudiated by individual commissioners before the ink was
fairly dry on the document.
The tone assumed by
the most experienced members of the body, in their
personal statements to the public, was apologetic.
More than one of the more distinguished commissioners publicly pointed out defects in the scheme
which were admitted to be vital. But, these commissioners added, the conflict of opinion on the board
within a
after the charter
Responsibility for
Wednesday, and though the tone was
easy during the day rates were not quotably changed was so complete that the alternatives presented were to
at the close.
On Thursday long and short were yield reluctantly on these matters of serious misgivsteady at unaltered figures while cables were one- ing or to fail in the task of framing a charter. Natquarter of a cent higher at 4 85^@4 85£. The tone urally they yielded under protest.
irregular on
It is not our purpose to fix the responsibility for
was steady on Friday. The following shows daily
posted rates for exchange by some of the leading this unfortunate result. It seemed to us at the time,
and it seems to us now, that enough attention was not
drawers
given to the broader view of municipal reform. Too
Trjis..
W«D., THDE.
FBI.,
MON.
FBI..
little attention was paid to the lessons taught by New
Dec. 10. Dec. 11, Dec. 12. Dec. 13. Dec. 14
Dec. 7.
4 82*
~82~-l*~
«60 days
81*
81*
81*
York City's past history; too much to the working out
81*
Brown Bros.
4 86*
86*
85*
f5*
8e-5H
85*
\ Sight...
of abstract theories and political hobbies.
4 82*
82
82
£2
Baring,
82*
82
5 60 days
Instead of
:
•
Magoan&Co..
Bank
No. America,..
.
Bank
of
Montreal
Canadian Bank
of
Commerce.
Heldelbach, Iokelheimer & Co.
\
Sight..
<
British
60 day s
4 86*
4 83i*
J
60 days
X
Sight...
J
60 days
4 86*
4 82
4 86
4 82
X
Sight...
4 86
5
60 days
4 82*
4 66
\ Sight...
Sight...,
86
82
86
82
86
82
86
82
85*
SI*
85*
85*
81*
85*
85*
sim
85*
85*
61*
66*
82
86
82
86
82
82
86
82
86
82
82
88
83
£6
82
82
66
82
86
82
86*
86*
85*
85*
83*
taking the community of New York as experience had
proved it to be, with the peculiar vices of its municipal politics
and the peculiar vagaries
of its electorate,
several chapters of the charter were
drawn up
as
if
designed for an ideal municipality. Ia particular,
4 82
62
82
82
82
5 60 days.
82
Lazarci Frerea.
Sight...
486
88*
85*
85*
86*
£6*
the provisions for the legislative government of the
4 82
Merohants' Bk. 5 60 days
82
82
82
82
82
of Canada.... }8ight..., 4 86
86
86
86
86
86
city appeared to infer that the character of New
The market closed at 4 80|@4 81 for long, 4 84£ York's voters and the representatives of those voters
@4 84| for short and 4 85i@4 85£ for cables. could be changed in a night. Where a quarter of a
Commercial on banks 4 80}@4 80£ and documents century had been occupied in gradually depriving the
for payment 4 79f@4 81^.
Cotton for payment, Board of Aldermen of every real power and responsiX
X
THE CHKONICLE.
1192
[Vol. LXXI,
membership throrough and welt distributed commithad come to restore these powers and opportunities tee work is possible. The provision may be made, as
on a larger scale and with a larger Legislature. A few the charter commission of 1897 suggested, on the
weeks of the experiment were enough to convince the less flattering ground that a large membership is
thinking portion of the public that voters and candi- not as amenable to bribery as a small and comOr, in the third place, the arrangedates in November 1897 were precisely what they pact body.
had been in November 1894. This part of the com- ment may be caused by a wish to gratify voters by dimission's work at once reduced itself to a palpable rect representation of smaller sections of the city.
The third of these reasons is trivial under present
absurdity.
It was inevitable, under such circumstances, that circumstances, and the first will hardly cut much of
the charter should before long come before the people a figure in the discussion after the past three years'
again for revision. A law providing for such revision experience. As for the argument of immunity from
and authorizing a new commission for the purpose bribery, it has seemed to us that absolute restriction
bility,
the
new
charter tacitly assumed that the time
aldermanic powers was the only safeguard. This
embodied in the was the conclusion reached by the public in its vareport and bill submitted to the Governor on the first rious modifications of the City Council prior to 1897,
day of the present month. It is our purpose, in ad- and it is, obviously, the conclusion also of the charter
vance of the meeting of the Legislature, to examine revisers, who remove from the City Council some
briefly some of the changes therein proposed.
even of the carefully limited powers conferred by the
Like the original charter, the proposal for an present charter. This being so, we are at a loss to
amended charter is a compromise. It is not, any understand why the total membership of a body so
more than the document which it proposes to super nominal in its influence on legislation should be actsede, a clean-cut and consistent scheme of govern- ually increased, with the accompanying increase in
ment. This compromise character must be kept in city pay-rolls.
In three other directions, however, the proposed
mind in considering the new provisions. But on the
other hand the amended document has the great ad- amendments cut deeply, and in the right direction.
vantage of attacking certain weaknesses in the char- It was recognized by most competent critics in
ter which have been plainly shown to be such by the ex- 1897, and the view has been confirmed by experience,
perience of the last three years. The Municipal Assem- that large powers conferred on individual city officers,
As originally constituted, with those officers held to the strictest responsibility,
bly is first taken in hand.
this assembly consisted of a double chamber of eighty- were the only sure means of protecting the public innine legislators, twenty-nine in the upper house and terest. Provisions already existing in the law place
It was the theory of the framers the Mayor in a position where he can not only be held
sixty in the lower.
of this rather fantastic plan that the city legislators morally responsible for wrong official action, but
would be sobered by responsibility; that the formality can be held directly and legally responsible to
Some recent incidents go far to
of proceedings in such a membership would suppress the State.
The revissuch trivialties as disfigured the proceedings of the show the value of this safeguard.
toward very considerable
old Board of Aldermen, and that each house would ers lean, accordingly,
increase in the Mayor's power, notably in conferring
be in a dignified way a check upon the other.
Experience has quite failed to realize any of these on him the right to summary removal of department
advantages. Trivialties have occupied most of the chiefs throughout his official term.
We believe that
Municipal Assembly's time, since its incorporation. public judgment will approve this concentration of
The form of proceedings has become a good deal of a power and responsibility. That it will also approve
The upper and lower houses have been in no the abolition of the Police Board and the substitufarce.
serious way a check upon one another; the chief tion of a single high-salaried commissioner, we enterrestraint on municipal legislation having arisen from tain no doubt whatever.
As was freely predicted on
disputes between the delegates of one borough and the adoption of the present charter, subsequent expethose of another, resulting frequently in deadlocks of rience with the " bi-partisan" board of commissionBy way of beginning the reconstruc- ers has resulted simply in constant failure to fix on
all legislation.
tion, therefore, the revisers abolish the so-called upper any one the responsibility for police mismanagement.
house and place the city legislation in the hands of With one commissioner, strictly responsible to the
one chamber. To this change nobody seems to object, Mayor and removable by him, and with the Mayor
and it is now a foregone conclusion that the singular similarly responsible for his own supervision of the
notion of a double house for municipal legislation will office, we believe that the public would come nearer
before long be relegated to the lumber room of futile to adequate and proper] control of the police than it
passed the State Legislature last spring
;
the results
of
of this commission's deliberations are
political experiments.
The
revisers,
however,
make no move towards
re-
duction in the number of legislators; on the contrary,
the eighty-nine of the existing charter are to be re-
has ever yet arrived.
The proposals that the salary-fixing power be withdrawn from heads of departments, that the costly
board of public improvements be abolished, and that
placed by 120. This is a somewhat surprising move the powers now exercised by the departments of highin view of the fact that even the original charter ways, sewers, buildings and supplies be transferred to
commission, which had begun with a plan for a city the several borough executives, are in the interest both
legislature of 141, cut down the aggregate one-third of economy and equitable administration. The exercise
before its plan came to a final vote. So far as we of those powers by general boards was one of the exhave been able to discover, there are three possible periments of the charter whose working has not been
reasons for so large a legislative body. A municipal wholly satisfactory.
In the same way it may be said
council may be so constituted for the reason govern- that the change in the Board of Estimate and Apporing the London and Manchester councils which num tionment, whereby that board is to be made up wholly
ber respectively 138 and 104 that through such of the elected executive and financial chiefs of the
—
December
15, 1900.]
THE CHRONICLE.
1193
and the boroughs, is in our judgment in the in- yarn in full proportion. At these rates, however,
the manufactured product are visibly
sales
of
terest of good government.
We have noticed only what we consider the most checked.
With one important exception, that of China, all
important among a large number of proposed changes
in the charter.
The amendments are so numerous the distributing markets have, in varying degree,
and diverse that careful discussion, both before and shared in the active buying since the close of October.
after their introduction in the Legislature, will be in- Good orders have been placed for India, Japan and
dispensable. We venture to express the hope that the markets of Southern Asia, and home and colonial
their consideration at Albany will be accompanied by merchants have had a full share in the operations. Even
genuine deliberation and not by the hasty rushing for Central and South America, where trade is not on
to a vote which characterized the charter legislation the whole in a very encouraging condition, a fair
amount of business has been done, as well as for the
of 1897.
Levant and the African outlets. China merchants
TEE BRITISH AND CONTINENTAL COTTON have not been altogether idle, but their purchases
INDUSTRIES— THE PERSIAN CUSTOMS TARIFF*
amount on the whole to very little in comparison with
Manchester, November 28, 1900.
Considering,
the normal proportions of their trade.
Since the beginning of November the more promi- however, the seriously disturbed state of China, the
nent symptoms of the recently disordered state of the tightness of the native loan market, and the heavy
city
English cotton industry have been steadily disappear- stocks of goods at Shanghai, it is not surprising that
ing.
The very considerable amount of machinery manufacturers of staple cloths, for that part of the
which had been stopped, as a consequence of the ap- world have diverted a large part of their production
proximate exhaustion of the old American cotton crop, into other channels, that of India chit fly.
has now nearly all been set to work again. Business
The reports of the cotton industry in Germany and
on the Manchester Exchange, too, has put on some- Austria continue discouraging, and from Italy they
thing like its normal appearance, and there is no are less bright than those received some weeks ago.
longer the frequently wide gulf between quotations In France spinners and manufacturers are in fairly
and offers which was a common feature in September favorable circumstances, their production being
and far on in October. Indeed, a basis of operations still pretty well under contract, but the demand is no
was found toward the end of the latter month when longer so buoyant as it was in the first half of this
Middling American cotton settled to about 5^d. per year. In Russia the cotton industry continues less
lb.
Upon this foundation buying of goods and yarns prosperous and active than it was a year ago. On
began, and was continued on an importantjscale, buy- the whole, the prospect of a large consumption of
ers following though with diminished purchases the American cotton during this season is not encouragproportionate hardening of prices in Manchester ing, and in the case of Russia it is the less promising
which attended the upward movement of cotton to because of the steady increase of the supply from
5f d. Indeed the sales during the first half of Novem- Asiatic Russia. This is substantially stimulated by
ber may fairly be described as large, and spinners^and the import duty on foreign raw cotton, which not
manufacturers in most, though not in all, depart- long ago was raised, and with it the bounty or drawments have now to a very considerable extent sold back on Russian cotton manufactures exported.
their production so far forward that they are holding
To-day we have telegraphic advices from New
for higher prices, and are often rather indifferent York stating that the New Orleans Exchange's estiabout further business unless they can secure a sub- mate of the cotton crop is 9,559,000 bales. This is
stantial advance.
They are of course keeping a apparently an average of separate estimates from corwatchful eye upon the cotton crop intelligence from repondents in various parts of the South. It has
the other side of the Atlantic.
produced very little effect either in Liverpool or in
The almost daily reports of the occurrence from the Manchester; not that much surprise would be created
9th to the 15th of November of killing frost in vari- if it should prove nearer the mark than the provisous districts of the South brought the widely differing ionally accepted one of 10,250,000 bales. In the abestimates nearer together, and those who are inter- sence of any confirmation of such low figures, howested in the subject here looked upon 10,250,000 ever, the fact that on the basis of 5 9-16d. for midto 10,500,000 bales as the extremes, likely to contain dling American no considerable business in yarns and
the truth between them, although some thought goods is forthcoming from the distributing markets is
10,250,000 as too high. On Friday, the 23d, however, sufficient to check business in Manchester for the
the final figure of a well-known London authority, moment and to discourage the buying of cotton by
based upon that of his more authoritative New spinners, who for the most part appear to be now well
Orleans correspondent, was published, giving 9,500,- supplied with raw material, either spots or futures.
000 to 9,750,000 bales, with a leaning in favor of the
The steadily enlarging consumption of United
lower limit. The effect of this announcement was States sheetings and other cotton goods in Western
undoubtedly much diminished by the unfortunate Asia gives some interest to negotiations which are
misadventure which befell the final forecast of the now quietly going on between the Russian and Persame authority last season. It has, however, served sian governments for a revision of the Russo-Perto strengthen the caution of sellers, and although the sian Commercial Treaty of Turkmanshai, concluded
practicable demand for goods and yarns has substan- in 1828.
This convention fixed the basis of all duties
tially fallen off within the last few days, the Man- on imports into Persia at 5 per cent ad valorem.
chester market continues extremely firm. Since the The Anglo- Persian treaty of 1841 and the Americoin so far as com1st of November Middling American has risen f d. per Persian treaty of 1856 provided
lb.;
yarns spun from mercial matters are concerned merely for "most
medium and medium fine
American, 7-16d., and piece goods made from such favored nation" customs treatment. Whatever changes
may be made in this respect in the Treaty of Turk* Communicated by our Special Correspondent at Manchester.
—
—
THE CHRONICLE
1194
[Vol. LX2I.
manshai will govern the trade with Persia in British committee has no power subsequently to provide for
and American productions. It is well known that Rus securing to certain of the stockholders in the old
sian cotton goods, aided by the export bounty, have company beneficial interest in the new concern.
been gaining in recent years a stronger hold upon the (5) Nor is the committee justified in adopting a
Persian markets, and Russia is now seeking to secure detailed plan whereby their management of the new
a conversion of the ad, valorem rate to a scale of company may be perpetuated, in the absence of any
There is of course no question of such intimation in the original plan. (6) A statespecific duties.
a general and important advance in these duties, ment in the original plan that the provisions of the
but it is understood that in the process of conversion detailed plan will be binding upon the bondholders,
the Russian negotiators will be naturally inclined to
secure low rates upon the classes of goods most easily
exported from their own country and to raise those on
unless a majority thereof within thirty days
file
their
dissent thereto, cannot be construed to embrace any-
thing except details of
the plan contained in the
other descriptions. The question has obviously some original agreement.
It is not necessary to go at length into the particuinterest, though probably it is remote, for American
manufacturers whose productions are exported to lars of the case in which these conclusions of the
Court were reached and expressed. It will suffice for
that part of the world.
while to state
the purpose of seeing the bearing and application of
that the business of exporting American cotton goods
the principles laid down, to refer simply to the salient
In this connection
it
may be worth
the Persian Gulf, India and East facts of the controversy upon which the decision is
Africa is mainly conducted through branch American based. Back in 1893, when the old American Water
houses in Manchester, who sell them here to the mer- Works Company of Illinois was in the hands of a rechants engaged in shipping to those markets. To a ceiver and interest on the bonds was in default, a
considerable extent these merchants are English, committee of prominent financial men undertook to
those trading with the Persian Gulf, India and East protect the interests of the bondholders, and for that
to the Levant,
Africa almost entirely so, but the exports to the East
Mediterranean chiefly Turkish ports are made for
—
—
the most part by Armenian and a few Greek firms.
The Armenians are excellent merchants, patient,
plodding and economical in their expenditure, and a
few of them *ire extending their trade to other markets to Egypt, India, and even Japan and China.
—
POWERS OF REORGANIZATION
COMMITTEES.
A decision
recently rendered by the Court of Ap-
peals of this State serves to define the powers of
com-
mittees acting on behalf of bondholders in reorganizing defaulted properties in accordance with a pre-
scribed plan.
The
decision was given in the case of
Water Works Company vs. the Omaha
Water Company, and a reference to it was made in
our news columns in the issue of the Chrokicle of
November 3.
The points in the decision may be summarized
the United
A
purpose submitted an agreement to which bondholders were asked to subscribe, and under which they
were asked to deposit their bonds. As a preliminary
holders had to pay an assessment on their bonds.
Under the agreement the committee was authorized
to bring foreclosure proceedings and buy in the property and (in case of such purchase) to organize a new
company. After the new company was created the
committee was to allot to the bondholders their proportionate interest in the same. It was provided that
the committee should, prior to the conveyance of the
purchased property to the new company, submit a
detailed plan of reorganization which was to be binding on the bondholders unless the holders of a majority interest of the certificates issued for the bonds
should, within thirty days, file their written dissent
from the plan. The agreement authorized the committee to supply any defects or omissions in the plan,
and, with the consent of the holders of a majority in
interest of the outstanding certificates, take any
action other than that provided for in the plan which
the committee should unanimously determine to be
committee^undertaking to
look after the interests of bondholders under a reor- for the benefit of the certificate holders.
ganization plan submitted by it to them becomes,
The foreclosure did not take place until 1896. Then
upon receipt of the bonds, a trustee for the bene- the committee issued a circular statement giving the
fit
of such
bondholders and bound to protect Detailed Plan of Reorganization provided for in the
their interests in every reasonable way.
In agreement. The question before the Court was
(2)
carrying out the scheme of reorganization the whether this plan was in fact the details of the origcommittee must follow the general provisions of the inal plan or whether it constituted in some respects
plan submitted in soliciting the bonds, and its terms an entirely different plan not within the scope of the
will
be strictly construed as against the com- original signed agreement. The committee incorpormittee and in favor of the cestui que trust. (3) A ated two or three features in the plan for which the
statement contained in the soliciting plan that a Court holds there was no express authority in the
detailed plan would be subsequently submitted by original scheme, and therefore no power to introthe committee to the bondholders before the prop- duce. For instance, the committee did what is not
erty was conveyed to the new company will not unusual in reorganizations, namely allowed the old
justify the committee in incorporating into the de- stockholders to participate in the reorganization.
tailed plan anything more than details for carrying The new company was to issue a large amount
out the general provisions of the original plan. of new securities, and instead of distributing these
briefly as follows
:
(1)
(4) Where the original plan states that upon the securities to the bondholders, beneficial certificates
formation of a new company a committee will allot pertaining to $2,500,000 of new common stock were
to the bondholders their proportionate interest there- set aside to be allotted to the holders of preferred
in, and it appears from the mortgage foreclosed and stock of the old American Water- Works Company of
from the scheme contemplated that theirs would be New Jersey at the price of $10 per share. Furthe only interest remaining or to be considered, the thermore, the stock of the new company of all classes
December
THE CHRONICLE.
15. 1900.1
(the plan provided for the issue of
second preferred stock and
main
in the
name
of the
first
common
preferred stock,
stock) was to re-
committee or their nomi-
thereon until the
nees with the
to
first preferred stock and the second preferred stock
should each have received an annual 5 per cent diviThe plan was atdend for five consecutive years.
tacked on these grounds, and the Court of Appeals
vote
right
V*5
did not embrace anything except details of the plan
included in the original agreement that is, did not
—
include matters in contravention of the original plan
and hostile to it, by which the rights and interests of
the bondholders are sought to be taken away and
given to others.
The failure of the majority to
dissent within
much
thirty days, therefore, confirmed
so
of the circular letter of
June 9 1896 as was in
August 16 1893, but in
has decided against the committee after the Appellate reality a detail of the plan of
Division, First Department, and the Special Term so far as it contained provisions in direct conflict
had both decided in its favor. Of the $3,600,000 of with such plan it had no effect whatever, "as it was
bonds originally issued, $3,569,000 were deposited not a part of the original agreement, under which the
under the agreement, and the plaintiff in the case bonds were filed, that its material provisions or any
represented a few of the 3,569 bonds deposited under of them could be stricken out, and others, widely
the plan.
different in effect, substituted by the committee, unconsidered less a majority should dissent within thirty days. It
was not whether the parties to the agreement might followed as a necessary consequence that the commithave lawfully agreed that the committee should be tee was without authority to dispose of beneficial
constituted a voting trust for an indefinite period of certificates pertaining to the common stock, for a
The Court
said that the question to be
but whether there was such an agreement nominal sum, to the holders of the preferred stock in
entered into between the parties. So, also, the ques- the old company.
tion arising as to the legality of the proposed disposiSo, also, as regards the voting trust, there was no
time,
common
stock to the holders of the such provision in the original agreement, no intimapreferred stock of the American Water Works Co. of tion that the bondholders' property was to be conNew Jersey depended on the scope of the agreement. trolled for an indefinite period of time by those makThe Court could not see that the agreement could be ing up the committee. Judge Parker said the Court
so construed as to permit either of these two acts. knew it was a matter of every day occurrence that
tion of $2,500,000 of
Chief Judge Parker, who delivered the opinion, said
that the parties to the agreement might have provided
for a reorganization that
interests
of the
would have considered the
stockholders as well as those of the
bondholders ; but, as a matter of fact, nothing of the
kind was attempted, and the agreement did not contemplate any such arrangement. The committee
from the first was a bondholders' committee. "Its
proposition was to utilize the property for the protection of the bondholders and for them alone
the
mortgage provided that in the event of a purchase
by the trustee it should be for the sole benefit
of
the bondholders ; the decree of foreclosure
was in line therewith ; every step in the proceeding, from beginning to end, down to the so-called
detailed statement of June 9 1896, proceeded on the
theory that the committee was acting for the bondholders alone, and that the purchase of the property
was in trust for them. The stockholders were not
parties, nor were they consulted ; their interests were
not considered, and no one suggested their protection.
On the contrary, the committee agreed that if the
new company should be formed, it would allot to the
certificate holders their proportionate interest in the
new company after payment of expenses of foreclosure and all expenses incurred by the committee. It
was under that agreement, to which the bondholders
;
men having no
financial interest in
great properties
other than the compensation to be received for their
services are vested with extensive powers of manage-
ment and
control temporarily, but the power
is
always
who own the property to cut down
the power of such managers or to make a change in
reserved in those
management. When, therefore, for the first time these
important provisions found their way into the circular letter of June 9 1896 they appeared there not
as a detail of the plan contained in the agreement of
August 16 1893, but rather in contravention of it,
and the committee could not be assumed to have
been vested with power to retain a hold upon the
stock of the new company. In brief, it would seem
that the reorganizers erred in not having the pre-
liminary agreement drawn so as to provide for the
creation of a voting trust if thought necessary, and
also so as to allow the old shareholders to participate
in the reorganization.
RAILROAD GROSS EARNINGS FOR
NO VEMBER.
Railroad gross earnings no longer show very large
increases (speaking of the roads collectively), but they
under existing circumstances is a noteworthy and a gratifying fact.
became parties by the deposit of their bonds and the For it must be borne in mind that we have had a
receipt of certificates therefor, that the committee successive record of improvement for several years
acquired the right to act in the premises, and by it past, and that the further gain the present year,
they were limited to a division and disposition of the therefore, means an addition to totals which had
still
show some
increase,
and
this
securities of the new company either among or for
the benefit of the bondholders. They acquired under
it no right to make a present of any interest whatever
in the new company to others than the holders of
the bonds, and the attempt to do it, whatever the
already been raised to very large figures. Our preliminary compilation for the month of November,
which we present to-day, covers 102,397 miles of
road, and on this mileage the increase over the same
motive, was in violation of the trust voluntarily
over 2 per cent,
sumed."
The
as-
month
last
year reaches
which
$1,291,612,
or
somewhat
not fully equal to the
increase in mileage, the latter being a little over 3?
per cent.
But though the improvement is not very large,
is
plan should ba
binding upon all certificate- holders, unless the hold
ers of a majority in interest should within thirty either in amount or ratio, its significance lies in the
days file their dissent from the plan, the Court said conditions under which it was made. In the main it
provision that the detailed
.
THE CHRONICLE.
11««
must be accepted as affording testimony to a very
large volume of business in progress and to the maintenance of tariff schedules of rates by the railroads.
There was no aid to large revenues in the movements
of the leading crops and staples.
On the contrary,
some very heavy losses were sustained by reason of
the failure of the spring-wheat crop the past season
in the Northwest, and a resulting great falling off in
the shipments of spring wheat over the roads. These
losses are conspicuously manifest in the returns of
many
we
Bat aside from the falling off
wheat movement, there was also a contraction
individual lines and systems, as
shall pres-
ently see.
in
the
[Yol. LXXI.
PRINCIPAL CHANGES IN
Baltimore & Ohio
Central
Choc. Oklah. & Gulf..
Mo. Kans. & Texas...
St. Louis Southwest. .
83380,635
Illinois
Texas
St.
&
288,193
228,065
220,378
204,68 2
189,920
181.955
120,352
101,495
98,086
73,731
68,139
50,400
45,523
40,824
39,672
38,287
37,832
35,507
Pacific
Louis
& San Fran.
Chesapeake
GROSS
&
Ohio..
Oleve.Cin.Chic.&St.L.
Norfolk & Western....
N. Y. Central
Southern Railway
Denver & Rio Grande.
Sher. Shrevep. &So...
Texas Central
Pere Marquette
Central of Georgia
Ala. N.O. AT.P.Sys..
Wheeling & L. Erie....
Pitts. Bess.
& L.
$32,750
Erie.
Total (representing 22 roads).... $2,476,426
Decreases
&
Ohio. MU.
St. Paul..
Gt. Northern 8ystem.
Minn. St. P. S.St. M.
&
Bur. Ced. Rap. & No..
Louisville & NashvUle
Cin. New Or. & T. Pao.
Wisconsin Central
Duluth
So. Sh.
&Atl..
$310,404
234,682
231,368
113,017
71,200
70.326
55,967
45,941
45,903
43,792
42,666
41,766
Total (representing
16 roads)
in the
The contraction
deliveries of the other kinds of grain.
EARNINGS IN NOVEMBER.
Increases.
in the grain
$1,307,032
movement extended
In the cotton
movement in the South there was a very striking to all but one of the cereals, and reached a large
figure in the aggregate.
In brief the receipts of
shrinkage in 1899, owing to the short crop raised in
wheat, corn, oats, barley and rye at the Western
that year. The present year in November there
primary markets were only 47,916,557 bushels for
was some increase in the movement, but the rethe four weeks ending December 1 thia year, against
covery after all was slight. For instance, at the
weeks
Southern outports the receipts for the month 53,959,261 bushels in the corresponding four
In estimating the importance of this
were 1,159,963 bales in 1900, which compares of 1899.
shrinkage it must not be forgotten either that it
with 1,057,083
bales
in
the
corresponding
month of 1899, but with 1,747,822 bales in No- follows a still more noteworthy shrinkage the year
preceding, our table for 1899, which then covered
vember 1898.
As to the improvement in earnings in previous five weeks, having recorded over 23 £ million bushels
falling off, to which the present year's decrease is
years, despite the unfavorable conditions concernDetails of the grain movement at the
ing the movements of the leading staples, it is only additional.
points are given in the following.
necessary to say that last year our preliminary table several
RECEIPTS OF FLOUR AND GRAIN FOR FOUR WEEKS ENDING
covering substantially the same roads as at present
DEO. 1 AND SINCE JANUARY 1.
showed almost six million dollars gain, that this folFlour,
Oats,
Barley,
Rye.
Wheat,
Com,
(bush.)
(bush.)
(bush.)
(bbls.)
(bush.)
(bush.)
lowed over two million dollars gain on a somewhat
smaller representation of roads in 1898, which in turn
followed almost nine millions gain in 1897. The fur-
ther increase of 1£ million dollars in 1900 is hence
highly suggestive of the continuous expansion which
The
has been in progress.
following carries the com-
Tear
Year
Year
Year
Given.
Preceding-
Qiven.
Preceding.
Miles.
189?
1898
1899
1900
Miles.
94,094
100,615
93,372
41.099.C43
99 262
62,182.677
(122 roads).
93,621
103,083
92,489
101.299
49,984.660
62,450.998
(111 roads).
102,397
98,836
61,763,633
Increase
or
Decrease.
(131 roads).
(119 roads).
45,652,215 Dec. 4,558,172
43.201,129 Inc. 8.981,448
47,797.184 Inc. 2,187,478
66,627,950 Inc. 5,923,048
60,472,021 Inc. 1.291,612
Jan.
1 to Nov. SO
1896:121 roads)..
1897 (124 roads).
1898 (119 roads).
1899 (116 roads).
1900 (109 roads).
92,787
99,404
93,621
92,065
98,038
92,489
99,504
101,246
101,583
97.971
430.969,499
484.009,170
486,819,995
688,603,315
628,094.633
422,613,362 Inc. 8,356437
453,154,948 Inc. 30851,282
447.355,617 Inc.39,464,378
536,5B4.958r/nc 62,038,856
572,660,791 Inc 55,443,742
to the losses by the roads running
through or
connecting with the spring-wheat territory of the
Northwest, we may note that the Milwaukee & St.
Paul has $234,682 decrease, the Great Northern^sys-
tem $231,368
decrease, the Canadian Pacific $310,404
decrease, and even the Minneapolis St. Paul
Ste Marie (which
crease of as
much
&
Sault
a comparatively small line) a deas $113,017.
The Northern Pacific
is
has only $42,666 loss, but this is on 322 miles more
road, the St. Paul & Duluth being included the pres-
356,975
274,385
8,897,645
3,045,605
660,780
1,106,610
8,329,480
10,181,363
264,600
170,400
110,600 1.327.20C
6,160.050 8,098,800
6,723,340 12,814,101
2.421,600
2,119,900
13,967,050
10,762,171
70.600
147,300
1,007,650
1,678,161
185,490
991,180
480,886
17,841,603
9,687,104
1,687,720
718.490
1,698,150
869,110
21,990,375 11,996,356
21,681,036 11,421,235
237,750
135,91b
1,692.150
1,880,025
480,760
1,802,250
1,218.786
18,920
37.651
410,281
498.171
72,222
40,275
832,494
613,398
473,463
224,029
7,629,118
14,614,926
2,811,714
1,665,655
21,410,629
13,986,713
182,850
158,000
5,473,505
60,700
110,900
436,600
943,900
22,300
12,100
257,957
730,387
24,600
9,900
268,300
191,265
186.779
236,117
2.293,892
3,284,091
350,611
293,728
3,001,801
2.736,691
330,65
293 991
8,001.748
1,282,251
33,983
336,836
189,73»
17,174
83,762
284,560
187,282
5,836
194,547
SW0.226
2.412.132
3,559,645
739,326
1,073,118
421,670
676,567
11,221,477 11,094,017
7,182,368 6,609,981
1,000
43,400
60,660
750,870
439,950
97,800
34,800
605,800
441,100
502,000
404,965
4,628,226
4,470,760
2 876.635
7,580,265
29,886,239
62,629,677
223,149
65,739
3,682,964
7,112,839
81,983
20,339
236,182
166,072
8,192,083
9,875,820
76,419,303
81,396,566
Toledo—
4 wks. Nov., 1900
4 wks. Nov., 1899
Since Jan.l, 1900
Since Jan.l, 1899
Detroit 4 wks. Nov., 1900
4 wks. Nov., 1899
Since Jan.l, 1900
Since Jan.l, 1899
Oleveland4 wks. Nov., 1900
4 wks. Nov., 1899
Since Jan.l. 1900
Since Jan.l, 1899
4 wks. Nov., 1900
4 wks. Nov., 1899
since Jan.l, 1900
Since Jan.l, 1899
r
1,606,000
479,400
210,860
1,271,050
657,400
225,100
16.091,150 10,328,600 1,697,700
15,854,900 8,835,250 1,209,600
14,650
11,400
143,600
112,600
299,118
423.112
174,158
816,771
1,245,160 2,624,786
3,017,464 3,145,746
113,611
81,246
62J.917
1,201,266
639.420
662,600 1,118,780
462,810
703,310
828,680
5,199.621 9,166,100 4,638,160
886,600
7.X01.000 10,360,939
46.329
61,200
Duluth—
4 wks. Nov., 1899
Since Jan.l, 1900
Stnoe Jan.l, 1899
Minvravolis
4 wks. Nov., 1900
4 wks. Nov., 1899
Since Jan.l, luOO
Since Jan.l, 1899
619, 131
124,818
Kansas Oitv—
2,03* 400
4 wks. Nov.. 1900
4 wks. Nov., 1899
Since Jan.l, 1900
Since Jan.l, 1899
745,800
30.099,118
19,019,160
484,800
929.000
7,666.670
7,843,000
221,800
182,000
2,S01,656
2,313,000
lotal of all—
370,899
4 wks. Nov., 1900 1.576,601 18.582,709 15.300,669 7,691,605 5.970,675
530,612
4 wks. Nov., 1899 1,482,689 23,742,171 12,465,069 10,977.700 8.253,709
Since Jan.l, 1900 19,858993 210,272,186 197.083,827 160765863 111.101,371 4,900,116
Since Jan.l. 1899' 16,480.0:8 223.307.972 217.739.010 I8427230l 82,383,990 7.103.169
l
TakiDg
Chicago,
ent year, but not last year. The smaller roads show
the same general results that is losses. In fact there
is only one road in that part of the country which has
escaped a decrease, namely the Minneapolis & St.
point, by itself,
and
ber 1898.
—
8,304,384
Peoria—
4 wks. Nov., 1900
As
85.689
2,875,052
6,256.827 3,430,755 1.987.548
162,841
3,088,119
5,617.250 6.311,131 2,003,995
35,765,601 101,746,690 87,276.622 16,098.692 1.814,925
28,694,346 m!617;i34 104268708 13,957.550 2,648,207
Louis—
4 wks. Nov,, 1900
4 wks. I\ov., 1899
Since Jan.l, 1900
Since Jan.l, 1899
Earnings.
Mileage.
489,931
496,180
8,431,«95
6,107,078
Milwaukee—
4 wks. Nov., 1900
4 wks. Nov., 1899
Since Jan.l, 1900
Since Jan.l, 1899
St.
parisons back to 1896:
November.
1896(127 roads).
Ohicaoo—
4 wks. Nov., 1900
4 wks. Nov., 1899
Since Jan.l, 1900
Since Jan.l, 1899
the
principal
and making up the
grain
receiving
figures for the
even month, we get a better idea of the great diminution in the Western grain movement which has occurred during the last two years. Here is the comLouis, and the exception in that case follows from a parison in that form.
It will be observed that Chilarger mileage.
Outside the spring- wheat sections cago received only about 15£ million bushels of wheat,
there have been only one or two decreases in earnings corn, oats, rye and barley combined in November
of any considerable amount, as may be seen from the 1900, as against nearly 20 million bushels in Novemfollowing table in our usual form, showing all losses ber 1899 and almost 26 million bushels in Novemall
gains in excess of $30,000.
—
December
RECEIPTS AT CHICAGO UUKING NOVEMBER AND 8INCB JANUAKT
Since January
November.
900
Wheat bus u.
1899.
1898.
3,735,047
89.439
7,147,291
1*2.541
5,096.825 35,403.741 28,419,344 81,158,666
8,976,630 101,297,799 127,111,030 117,687,705
8,899,956 87,029,406 103.763,848 99.268,185
796.300
1,831.660
4,088,700
2,638,7981
Barley.bush.
2,043,874
2,899,595
2,962.82?
6,783,746
15,977,798
13,827.315
16,557,275
Total grain 15.548,968 19,803,463 25,932.238 241,540,438 275 765,335 267,680,430
Flour.. bbls.
609,896
633,548
663.345
8,397,370
6.057,437
4,175,692
655
18,619.169
351
11,626,289
4,484,072
3,191,215
819,272
806,946
9
and
live-stock
1.472
2.916
18,318.616 177,264,643 179,838.418 204,758,715
2,810.53'
059.129
67,905,460 69,087,356
8.7B8.096
7.9' 0.746
51,493,719
7.87fj.234
The foregoing embraces
provisions
8,886
These show en-
The
larged totals as compared with 1899.
receipts of
Minn. &
174.074
265,681
Louis.
St.
M.St.P. &S.S.M.
North 'n Pacific.
8t.Paul*DulJ
1898 and 25,524 car loads in
movement
we
in the South,
have already stated that the receipts at the Southern
outports were 1,159,963 bales in 1900, against 1,057,083 bales in 1899, but against 1,747,822 bales in 1898.
We may add that the shipments overland were 383,540 bales in 1900 and 337,112 bales in 1899.
BECEIPT8 OP COTTON AT 80UTHERN PORTS IN NOVEMBER, AND FROM
JANUARY 1 TO NOVEMBER 30, IN 1900, 1899 AND 1898.
November.
Since January
1900.
,
1898.
461,267
4,014
Galveston
bales
Sabine Pass 4c
New Orleans
Mobile
1899.
382,021
494,198 1.348,569 1,658,968 1,861,005
24,042
65,427
44.713
76,368
442.144 1,957,657 1,621,602 2,109,462
61,402 152,660 161,239 270.342
61,838 130,772
163,608 162.315
250,664 994,308
787,065 985.891
63,091 104,061
113,685 266,022
372.180
80,617
24,909
127,863
14.161
37.088
241
Pensacola, &c
Savannah
Brunswick, 4o
Charleston
Port Royal, 4c
8,046
275,981
36,759
13,798
172,919
6,072
30,823
1899
1900.
1898.
100,190
6,630
256,608
386
208,427
4,804
76,740
252,332
183.585
138
44,866
172
405
663
768
1,278
Korfolk
60,602
74,857
168,439
Newport News, 4c.
13,990
1,297
8,145
369,367
43,198
399,852
20,761
479,623
20,316
Wilmington
Washington, 4o
,
,
Total.
We
33,023
472
363,620
45,108
271,797
1,159,968 1,057,083 1.747.822 5.675.798 5,269,023 6,920,536
subjoin the following comparisons of the earn-
ings for six years of the leading roads, arranged in
The
groups.
contrast between the results for the
Southwestern group and those for the Northwestern
group is again noteworthy. The latter group, for the
reasons already given, shows a heavily diminished
total.
The Southwestern group, on the other hand,
has a large increase, the Missouri Kansas & Texas,
the St. Louis Southwestern and the Texas & Pacific
being conspicuous in it. The explanation is found
mainly in the fact that the cotton crop in Texas and
the Southwest generally has been better this year
than i^wae last season.
November.
1900.
1899.
1898.
1897.
Den.4 Rio Gr.
lnt.4Gt. No..
K.C.F.S.4M..
Mo. K. 4 Tex
Mo.P.4Ir.Mt.
R. Gr. West
.
$
1896.
808165
1
t
420,143
390.632
383 970
1,261,310
466,168
1,414,306
2.881,821
2,624,908
2623,807 1.0J6.169
f320.O41
395,793
967,053
2j808,568
3«8 375
288,098
660,680
634,830
954,709
485,667
484,885
1,303,505
2.810.121
398,900
852,088
800,965
670,113
596,283
Texas 4 Pac.
1,100,565
910,615
849,905
481.929
446,387
290,60.
612,569
560,331
057,777
+ Galveston
9,441,204
8.680,644
8,202,806
Houston 4 Henderson included
8,152.856
for this year.
182,418
69.690
331,086
201,289
110,586
898.661
1,096,948
218,291
617,660
479.786
764.340
232 483
657,297
406 693
808,888
6,425,488
6,692,472
163,416
105,106
436 366
2,108.024
174.100
65.917
356.672
EARNINGS OF SOUTHERN GROUP.
677,291
1,121,445
440,096
142,391
145,516
2.421,230
2,467,171
+547,600
•592,661
+572,800
$
100,438
61 -",637
880,637
347,750
160,328
136,270
1,741,812
1,878,690
354,830
403,769
903.739
372.9e0
401,702
053,100
<
16t-4,179
184,85t
1,870.864
150,068
7,335,009
7,050,842
1,020,123
894,193
160,214
186,203
1896.
1
164,286
519.475
875.036
280 248
162,387
120,442
«
616.57o
1.241.797
1896.
$
177,216
604,278
I
169,842
621,85i
$
196,821
1
198,054
1,007,505
419,672
336,482
161,340
167,607
121,430
145.085
2,099,004 1,941,660
396,749
431.309
468,451
504,862
1,006.956
909,950
588,026
Nash.Chat.4 St.L.
Norfolk & West.. 1,211,244 1 1,113,168
Southern Ry... ) c2,873.286 C2.805.147
Memphis Dlv.
1897.
1898.
1890.
1900.
C2.522.0O4 2,019,707
S
10.421,810 10.169,862
.-
9,092,849
8.049,120
and 1899 only.
c Figures for 1900, 1899 and 1898 include South Carolina & Georgia, Mobile
Birmingham and 161 miles of Atlantic & Yadkin and Atlantic & Danville.
t Figures are approximate, same as for 19'"); actual earnings were larger.
Includes Paducah 4 Memphis Division in 1900 and 1899.
+ Includes
Montgomery Division
in 1900
4
EARNINGS OF TRUNK LINES.
1900.
Bal.
$
1897.
1898.
"V"
1895.
1896.
3,451,689
603,096
634,763
1
2,183,216
495,621
1,604,054
1,502,559
1,249,601
1,209.479
1,019,841
204,901
204,571
167,292
143.448
114,394
1,202,631
168,972
i
1,817,008
1.832,635
1,612,509
1,621,760
2,029,881
2.100,210
I
88,840
3,925,076
76.352
81,263
4,131,195
1,061,233
3,840,712
905,842
11,055.185
10,248,487
10,915,477
2,454,889
c
\
B.&O.S.W.
C.C.C4StL
(
|
D.G.H.4M
N.Y.C.4H+
Wabash
1,431,583
1,410,461
80,538
4,275,745
1,212,452
13.971.969
13,464,982
ll.8P0.121
4,705,492
4,869.223
..
+ Includes after
and after May
$
2,254,711
%
3.832,324
& Ohio
Total.
1899.
%
November.
2,083.829
555,274
1,068,668
July 1, 1898, the Beech Creek RR. and WalikUl Valley
the Fall Brook gvstem.
RR.
1, 189<*.
EARNINGS OF MIDDLE AND MIDDLE WESTERN ROADS.
November.
1899.
1900.
Ann Arbor
Buff.Roch.
4
146,696
434,052
Pitts
Chicago 4 Bast 111.
Chlc.Ind.4 Loulsv.
Elgin Jol. 4 Bast..
Evans v.4Terre H.
1808.
131,641
413,231
439.737
Hocking Valley...
467,706
330,072
187,147
116,422
394,904
358,296
143,986
119,406
899,551
Illinois Central t..
3,100,950
2,821,763
Lou.Bvans.& St.L.
Pere Marquette...
Pittsb'g4 Weit'n.
Tol. 4 Ohio Cent..
Tol. Peo. 4 West.
Wheel. 4 L. Erie.
169,818
656,081
298,726
212,366
92,383
177,298
616,889
284,619
229,112
Clev. Can.
4
\
299,168
188,171
86,823
So..
Total
6,880,422 6.409,348
1896.
1896
$
$
1897.
1
1
%
I
119,646
140,048
94,865
106,561
293,615
281,761
2,663,749 2,663,709
136.739
135,068
+580,151 +515.228
288,869
286.346
186,644
187,203
87,806
79,191
146,473
j 136,634
66,188
X
63,780
96,380
90,485
300,610
801,898
331.483
378,004
226,167
278,675
91,481
124,141
102,670
81,936
284,758
253,951
1,889,566 2.157,388
185.772
116,964
+410,919 +432,004
241,525
227.332
170,803
166,010
87,898
66,109
126,066
92,101
64,090
56,154
5.712,237 5,617,020
4,390,500 Z079,lii
129,005
340,710
407,995
274,109
322,100
413,408
280,743
101,138
St. Louis Alton & Terre Haute for all the
The Chesapeake Ohio & Southwestern and Ohio Valley are included for
1000. 1899, 1898 and 1897, and Chicago 4 Texas for 1900, 1899 and 1898. Result*
on Yazoo Branch are not included for 1900, 1899 and 1898.
+ These figures are simoly the totals on the Chicago & West Michigan, Detroit Grand Rapids & Western and Flint 4 Pere Marquette.
*
Includes the operations of the
years.
GROSS EARNINGS AND MILEAGE IN NOVEMBER.
Mileage.
Gross Earnings.
of Road.
1899.
198,954
196,821
$
Ala.N.O.&Tex.Pao.-
N.Orl.&No. East..
Ala. & Vicksb
Vicksb. Shr.&Pac
Ann Arbor
Atlanta
Atl.
Knoxv.&No
W.
Valdosta
<fe
.
Batimore & Ohio.
?
&0. So'wn. 5
Bellefonte Central..
Buff. Roch. & Pltt8b..
Bait.
Burl. Ced. R. &No...
Canadian Paclno. ...
.
Total.
1,688,895
189.060
113,758
408,393
1895.
706.654
909,900
2,640,483
206,853
113,314
460.347
1900.
609,760
oeo.300
482,962
511.410
1,523.883
& S. Fr.
8t.L. Southw.
St. L.
f
t
126.019
170,191
297,592
+113,314
416,666
Alabama Gt.South'n
1
167,841
217,781
465,746
;
Name
EARNINGS OF SOUTHWESTERN GROUP.
184.606
14.658.682 15,964.845 14,277,270 13.443,613 10,313,829 12.439.361
G.T.of Can.
1,
$
222.665
477,148
|
Total..
Peo.&East
Ports.
1806.
1
$
427.874
Includes proprietary lines iD these years.
t In these years includes the earnings of Spokane Falls 4 Northern.
t November, 1900, not reported taken same as last year.
Total
the cotton
1896.
1897.
t
*3,052,618 2,903.704
3030,862
St.Jos.&Gr. Isl..
Wisconsin Cent'l.
1897.
As regards
198,981
260,071
617,109
404,002
hogs furnish a conspicuous instance of this, but
even here the present year's increase represents reNovember.
covery of only a small part of last year's decrease
Alabama Gt. So.
that is, the deliveries of 849,272 head for 1900 con- Cent, of Georgia..
trast with 806,946 head for 1899, but with 959,129 Chesap.A, Ohio...
01n.N.O.4Tex.P.
head for 1898. In the case of the live stock move- Georgia
ment as a whole at that point the showing is much Kan.CMem.4Bir.
Loalsv. & Nashv.
better, the deliveries the present year having com- Mobile & Ohio....
year, 24,678 car loads in
1898.
1
411,201
333.727
601663
Burl.Ced.R.A No
423,809
Cauadlan Pacific. 2,667,000 2,977,404 2,524,497 2,540,461 1.964.681 2,120,025
476 951
319,848
801.745
543,748
660,897
474,147
Ohio. Gt. West..
3,788,00-] 4,022,686 3,600 449 8,328.447 2,738.621 8,416.689
Ohio. Mil. &8t.P..
Dnluth S.S.4 Atl.
176.123
217,889
182,996
127,592
101,376
161,501
Great Northern.. t2.714.817 $2,946,185 42,719,909 2,342,438 2,016.299 2,816.867
live
prised 26,238 car loads, against 24,412 car loads last
1800.
1
385.824
also certain items of the
movement.
1900.
1898.
3,890,290
Lard
lbs.
Live hogsNo
.
1197
November.
1.
1899
1900.
8,262.872
6,418,8 id
Pork....bbls.
.
.
EARNINGS OF NORTHWESTERN AND NORTH PACIFIC GROUP.
1.
Corn... bush.
Oats... bush.
Rye ...bysh.
Cutm'ts.lbs.
.
.
THE CHRONIC LE.
1900. J
15,
).
Central of Georgia..
Chattan. Southern. .
Chesapeake
& Ohio
176,177
94.1K2
92.764
146,696
39,264
20,260
160,215
91,656
73,400
131,641
36,421
3,832,324
4,187
434.052
385,324
2,667/ 00
615,578
8,063
1.241,797
3.451,689
4,811
413,231
441,2^1
2,977,404
577,291
8,828
1,121,445
16,4'20
Increase or
1900.
Decrease.
$
+2,133
1899
310
S10
196
143
188
292
228
114
196
143
188
292
228
114
3,200
3,110
+20,821
30
472
338
+38,287
1.170
7.438
1,670
—76^
1.136
6.952
1,540
105
105
+120.352
1.476
1.445
+15,962
+2.505
+19 3*4
+15,055
+2.84 3
+3,840
+380,635
—624
—55 ,^67
—310 404
30
) ..)).
. .. .
.
.
6
.
.
. .
THE CHRONICLE.
1)98
Mileagt.
Gross Earnxngs.
Name
of Road.
$
467.705
543,746
330 072
Ohio. & East Illinois.
Chic. Great Western.
Chic Ind. & Louisv.
Ohio. Mil. & St. Paul.
Ohio. Peoria & St.L.
St. L.Chio. & 8t.P. \
Ohio. Term. Tr. RR..
Cfhoo. Okla. & Gulft.
Cln. N.O. & Tex. Pao.
Cinn.Portsm'th & Va.
Olev.Cin.Ch.&St. L..
Peoria & Eastern .
Olev. Lorain & Wheel.
Col. Sand. & Hook'g..
Denv. & Rio Grande..
Dul. So. Shore & Atl.
East St. L. & Caron..
Elgin Joliet & East.
Evansv. <& Indianap.
Evansv. & T. Haute.
Find. Ft. W. & West.
Worth &Rio Gr..
Gadsden & Att. Un..
Ft.
Increase or
Decreaie. 1900.
1899.
1900.
3,788.004
124,132
115,393
358.391
394,193
35,468
1,604,054
204.901
If- 9 849
87,040
Interooeanio (Mex.) .
Iowa Central
439,737
550,3 7
353,296
4,022. b86
123,028
106,936
130.326
440.0 6
31.254
1,502.559
204,571
170,32 i
84 625
960,31
Kanawha & Mloh
& Mem..
C. Mem. & Bir.
Kan.C. Ft. 8.
Kan.
Kan. City N. W.. .. ..
Kansas City South'n.
Kan. City Bub. Belt
Lehigh & Hud. River.
Los Angeles Term'l..
Louisv. Evans. &St.L.
Louisv.Hend.A St.L.
& Nashville..
Macon & Birming'm.
Louisv.
Manistlaue
18S9
176,123
14,104
137,147
26,902
116,422
9.140
69.866
1,296
160,264
102,005
1/237 ,500
174,074
4.341
73.318
511,440
165.20*
36,723
365,411
46,592
85,340
9,418
169,313
55,489
2,421,230
9,b01
3,208
1,401.289
565,542
198,981
6,719
61,488
484,83i
145,5 1
41.143
366,908
46.237
40,fc68
6,068
177,293
51,180
2,467,171
8 528
6.897
1,412 5 32
583,378
Mexican Central...
Mexioan National..
Mexican Railway
1/262,900
2/259,600
t/13,330
Mexican Southern...
1/36.148
265,681
Z60.O71
Minn. &8t. Louis
40^.092
Mlnn.St P.& 8.8te.M.
517,109
Mo. Kans. & Tex. sys 1,523,883 1,303,505
Mo. Pao. & Iron Mt. 2,719,000 2,761.^50
119,77i
Central Branch
91.121
10,828
Mobile Jacft. <fc K. C.
8,893
Mobile AOhiol
547,500
572.800
Mont. & Mex. Gulf ..
100.724
86.136
Nash. Chat. & St. L.*
592,561
588.026
N Y.Cen.&Hud.Rlv.. 4.869.223 4,795,492
1,211,244 1.113,158
Norfolk & Western.
Northern Paoiflc
3,009.852 3,052,518
122,'. 72
Ohio River
117,415
656,061
Pere Marquette
616,389
Plttsh. Bess. & L. E..
204,559
171,809
Plttsb. & Western..)
Tol.
Plttsb.Cl. &
298,726
299,168
.
711
929
546
64P
929
546
6,542
6,397
292
103
632
336
111
292
94
282
1,891
1,838
352
192
273
352
192
273
1,675
1,673
589
+27,968
—6,651
—23,224
-234,682
589
13
184
+ 1,104
+8.457
+228.065
— 45,90d
+4,214
+101,495
+330
—10.474
+ 2,415
+50,400
—41,766
909.900
217,889
13,278
143,965
32,978
119,406
10,015
49,861
1/223,700
Iron Railway
Name
$
1,755
142,391
105,265
Gr. Trunk of Can... > 2,029.884
2,100.210
Det.Gr.Hav.&M.J
©t. No.— S. P. M. & M 2,172,948 2,309,345
S83.158
422,700
Eastern of Minn..
Montana Central..
158,7.1
214.140
Hockirig Valley
394.904
389.553
Illinois Central. a..... 3,109,956 2.821,763
Internat'l & Gt. No..
482,962
485,667
Georgia
Ga. South. & Florida
+8
33c
111
13
194
6
—6.818
—6,076
—2,984
14-
146
162
-905
168
82
146
82
+20.105
146
11
11
+17,873
—3,260
—70,325
307
285
SO
285
3.707
1
:
&
Choc. Oklab. & Gulft...
Cln. N.O. & Texas Pao.
Cln. Portsm'th & Va....
Olev. Cin. Chic. & St. L.
Peoria & Eastern
Oleve. Lorain A Wheel.
Ool. Sand. & Hocking..
Denv & Rio Grande
Dul. So. Shore & Atl.. .
East St. L. & Carondel..
Elgin Joliet & Eastern
Evansv. & Indianapolis
Evansv. & Terre Haute
Findlay Ft. W. & West.
Ft. Worth & Rio Gr'de..
Glaasden & Atalla Un..
Georgia
Ga. Southern & Florida
rand Trunk
>
Det. Gr. H. AMilw..$
ireat No. St. P. M. & M.
Eastern of Minnesota.
4,549
4,598
353
262
I
34b
+5,351
+288,19i 4,240
—2,705
775
—13.800
555
—24,907
510
—2,378
20
+11,830
172
+26,605
973
277
+19,687
—4,420
174
+8.503
840
+355
24
-5. 28
90
50
+3,350
—7,980
372
+4,309
166
—45,941 3,154
+1,073
97
-3,689
59
—11,243 2,054
—17,836 1,323
—3,300
321
26i
+7,18
+5.610
643
-113,017 1,278
+2^0.378 2,222
—42,550 4,938
-28.65
388
+ 1,935
50
—25.300
87t
+14,588
390
4-4,535
304
262
346
3,679
775
555
510
20
172
973
277
174
840
24
Montana Central
Hocking Valley
Illinois Central .a
int. <fe Great Northern.
9l
50
372
16f
3033
9/
59
2,0 16
1,266
321
228
508
1,278
2,197
4,938
388
50
876
390
—42.(s6ti
1,195
2,829
1,555
5,45b
1,195
+73,73
+98,086
+ 4.857
224
+39.672
+32,750
1,766
224
1,766
203
203
—442
352
352
95
+10,525
+3,510
+181,955
+204,b82
—10.276
+10,392
—4,60
180
610
180
584
44
I
Pa & Fair.
Bio Grande South'n.
Rio Grande Western
&
Ohio.
East'n Illinois..
Ohio. Great Western. .
Chic. Ind. & Louisv
Ohio. Milw.
St. Paul..
Chic. Peoria* St. L..
St. L. Chic. & 8t P. 5
Ohio. Term'l Transfer..
•
— 13e,397
—39,54 2
— 5,429
"•
•2,s26
1,551
5134
Pittsb.
50,740
50,835
398,900
388.375
13,495
St. L. Kenuett & So.
9 985
852 068
St. Louis & S. Fran..
670,113
Louis South wes'n
8( 0.965
Bt.
596,283
St. L. Van. & T. H...
157,139
167,415
Ban Fran. & No. Pao
86,482
76,090
Santa Fe Pres.& Phx.
72,000
76,500
Bher Shrev.A 8outh.
94,812
49,289
So. Car. &Ga. Ext...
26.428
21,446
So. Mo. & Arkansas.
16,777
16,038
Boutliern Railway..
2,873,286 2,805.147
T. Haute & Indianap.
132,684
136.038
T. Haute & Peoria...
47.150
37,304
Texas central
89,310
48.486
Texas & Paeiflo
1,100,565
910,645
Tex. Bab.Val. & N.W.
16,000
14.000
Tol. & Ohio Central.
212,366
188.171
Tol. Peoria & West'n.
92,38o
86.623
Wabash
1,431,583 1,410,461
Wheel. & Lake Erie
264,619
229,112
Olev. Can. & 8o..$
Wisoonsin Central..
416,555
460,347
Yazoo & Miss. Val...
640,095
654,659
Total (111 roads).
of Road.
Chattanooga Southern.
Chesapeake & Ohio
3,707
-45
.
44
1,691
1,258
1,402
1,258
158
158
165
224
155
182
94
16?
224
20
18
94
+ 45,523
+4982
+73
+68,139 6,444
-3.404
81
+9.846
174
824
+40
227
+189,9
1,517
+2.000
38
+24.195
371
+5,760
248
+21,122 2.358
+35,507
461
—43,792
950
—14,564 1,030
6,297
80
174
17b
1,492
38
371
24*
2,326
464
950
Interooeanio (Mex.!...
Iowa Central
Iron Railway
Kanawha & Michigan.
Kansas C. Ft. S.& Mem.
Kan. City Mem. & Bir.
Kansas City & Northw.
Lehigh & Hudson River
Los Angeles Terminal..
Louisv. Evansv.A St.L..
Louisv. Hend. & St. L..
Louisville & Nashville..
Macon
& Birmingham.
Manistlque
Mexican Central
Mexican National
Mexican Railway
Msxican Southern
Minneapolis & St. Louie
Minn. St. P.& 8. Ste. M.
Mo. Kan. & Texas sys
Mo. Pacific & Iron Mt.
Central Branch
Mobil* Jack. & K. Ciiy.
Hobile&Ohio
Monterey & Mex. Gulf
Nashv. Chat. & St. LI..
N. Y. Cent. & Hud. Riv.
S orf oik & Western
Northern Paoitlc
Ohio River
Pere Marquette
& L. Erie.
rn..
Pittsburg & Western
Tol.
Pittsb. Cleve. & Tol }
Pittsb. Paines. &;F..>
Rio Grande Southern..
Rio Grande Western
Pittsb. Bess.
94,1
49
Increast.
Decrease.
75,1321
19,017
ll,329,285i 1.814.376
4,422,09
374.0-5
5,840,998
421,083
13,143.661
4,796,181
6.2H2.081
3,780,481
37,903.662
!
3,525,104
36,971,232
1,182,028
1,285.373
1,141,203
1,65*,34»
4,38^.466
298,349
14,106,996
1,879,059
1,243.530
2,870 753
4,574,151
357,V53
15,739.320
2,173,311
1.966,84b
1 001,729
10.048.613
2,376.564
146.800
1,788, 8H2
306,978
1,294,123
98.V97
488,973
14,267
1,598,856
1,095,7^5
21 099,138
255,327
937,430
103.345
102,327
1,212.404
184.685
58.904
1,6323.4
294,2 2
296,193
240.573
1,235,401
172,995
14,934
148,235
1,670,65.
761.156
8,813,212
2,203.569
131.866
1,640,627
332,855
1,286,022
103,419
""
'£6.122
46.76
2,609
135.6^5
146,892
721.272
442,210
i
11,65^
1,463,161
948,833
3.740,72'
20,377,866
20.159.797
2.961,387
1.830,252
3,214,213
27,285,329
3,754,137
1/3,57 ,300
l/3,570,b30
2,01^,370
2,09 ',755
58." 49
25,877
8,101
58.000
614,091
4,812,657
1,407,011
319,422
449,496
106.797
1,653,375
20.913.113
3.683.684
1,797,105
4,229,605
31,387,115
775,359
5,389.943
1,621,571
353,337
421,530
143,028
1,841,032
588,944
25,3^4,634
86.819
9»,65o
15.824.235
7.141,795
753,3
722,297
1
33,147
1,015,392
4,101,78c
13,4*11
"6,670
83,385
449
161.268
577,286
214,560
33.9.5
27,966
36.231
187,657
41,t9l
1,749.527
24.310
21.917
1,782.079
736.643
54 ,253
23,635,107
62.5' 9
77.733
14,042,156
6.405.152
1/4 098,200
l/4.063,30<
34,900
69.341
1/671,814
1/741,155
2,583.777
106 347
15.272
4,297.258
11,130,57a 1,001.370
25,514.994 2,046.038
1,161.500
73,139
74,514
44,209
4.825,821
602.973
1,162,019
97.0 4
5,871,55t
5^3.462
47,704,635 2.897,018
11,623,660 2.095.8S3
26.618.06^ 2.4*0.-291
247,881
1,087,543
6,68^,889
776.178
531,935
1,681,404
2.69 »,124
4,312,530
12.131.943
27.56L032
l,2d4.639
118,723
5,428,794
1.259.103
6,435.017
50.601.703
13,719.543
29,048.356
1.335,424
7.460,067
2,213,389
1
501,124
3,142,305
3,643.429
1
499. 39*
4,430.875
101, -203
Total (109 roads).. 628,094,533 572,650,79 1 55,997,0 1
1
J
I
I!
Hi
218,748
553,274
55,4i3,'i42
l
Inoludes Paduoah & Memphis Division In both years.
t Earnings are for railroad only.
1 Montgomery Division Included in both years.
a Peoria Decatur & Evansville Included in 1900 but not in 1899.
y For three weeks of the month only in both years.
GROSS EARNINGS FROM JANUARY
of Road.
1899.
1900.
'
Net increase
61.763.6331€0,472.021 +l,291.612 102397'98.835
[Vol. LXXI.
454,897
44.498
901,33t
3,529,539
92,624
8.579
8t. L. Kennet & South.
6,978,6b0 1,118,228
8096.888
St. Louis & San Fran .
530.041
5,758.64b
5,228,605
St. Louis Southwestern
1,696,906
79,312
1.776,218
St. Louis Vand. & r. H.
40 398
877,74 1
918,140
Ban Fran. <fe No. Pacific
64,997
8P0.704
825,707
Santa Fe Pres. & Phx.
334,149
151,590
485,739
Sherman Shrove. <te So.
3^,114
208,822
244,936
So. Car. & Ga. Ext
50,520
118,427
168.947
South'n Mo. & Ark
26.725.897 2,683.955
29,409,85
Southern Railway
87,67'
1,388.161
T Haute & Indianap... 1,475.831
66,844
394,824
Terre Haute & Peoria..
461,68
305,578
137.33*
442.917
Texas Central
904.801
8.3 '1.088
7,416.287
Texas & Pacinc
77,9b8
31.212
109,180
Texas Sab. V. & N. W.
486 67
1,828,226
2,314.901
Toledo & Ohio Central.
83360
939.458
1,022,827
Toledo Peoria & West'n.
15,358,909 14,213,491 1,145,4.8
Wabash
Wheeling & Lake Erie )
380,431
2,258,399
2,638,830
Cleve. Canton & 8o.. 5
4,918.351
5,137,099
Wisoonsin Central
186,274
4,527,011
4,713,285
Yazoo & Miss. Valley.
1,001
*
Name
66
. . ). .
)
.
1900.
1
TO NOVEMBER
1899.
Increase
30.
Decrease
a Peoria Deoatur & Evansville included from September, 1900.
y For three weeks only In November.
t Earnings for November are for railroad only.
in both years.
} Inoludes Paduoah & Memphis Division from July 1
COS
ITEMS ABOUT BANKS. BANKERS AND TRUST
—The sales of bank stocks this week aggregate
963 shares,
which 893 shares were sold at auction and 70 shares at
the Stock Exchange. The sales of trust company stocks
reach a total of 162 shares and were all made at auction.
Although until Monday of this week no sales of National
City Bank stock had been made at the Stock Exchange or at
auction since Nov. 28, the dealings in the open or "curb'
market had been quite active, the price rising steadily and
reaching 497 on December 8. On Monday a sale of 10 shares
was made at the Stock Exchange at 490, an advance of 79
of
Alabama Gt. Southern.
Ala. N. O. & Tex. PacN. O. A Nortlieast'n...
Alabama & Vlcksb'g.
Vioksbur* Shr. & Pao.
Ann Arbor
Atl.
Atl.
Knoxv.
&
North'n.
Valdosta <fe West..
Baltimore & Ohio
)
Bait. & Olilo So'w'n 5
Bellefonte entral..
Butt. Koch. & Pittsburg
Burl. Ced. Rap. & No..
Oanadlan Paoitlo
Central of Georgia
1,881,654
1,803.021
78.630
1,750.148
1,573,875
702,319
619.904
1,483,989
365.152
115,126
226,273
23,630
43,819
73 79d
37,857
82,651
6.013,922
8.422
1,501,650
725,949
663,723
1.557,779
403.0C 9
197,777
40,709,873
39.527
5,225,343
4.433,647
27,382.270
5.936.212
31.695,951
31.105
3723,693
4,53-1.365
26.259.82i
5.217.752
105,718
1,122.450
718.460
points over the price paid at the last recorded pnblic sale, on
Bank
Nov. 28. Other considerable increases in value were
:
Hi
,
December
THE CHRONICLE.
15, 1900.J
New York, 50 points; National Park Bank, 25 points, and
Farmers' Loan & Trust Co., 23 points.
Shares.
Banks— New York.
Last Previous Sale.
Price.
100 Broadway Bank, National
251^
July 1900 - 240
40 Chatham National Bank
307
Nov. 19<>o— 307
2 Chemical National Bank
Nov. 1900— 4f 00
400
200 Citizens' Bank. National
18
Nov. 1900- 147
*20City Bank, National.
488-490
Nov. 1900- 411
•80 Commerce, National Bank of.. 262 280
Deo. 1900— 2*4
40 Com Exohan«e Bank
365
Nov. 1900— 36^
50 Fourth National Bank
179
Nov. 1^00— 175
10 Hamilton Bank
Feb. 1900— 145^4
154
50 Importers' & Traders' Nat. Bk. 518>a
Nov. 1900— 518
2C0 Mechanics' National Bank
216
Dec. 1900 - 215
40 Mercantile National Bank
2?5
Nov. 1900— 215
88 New York, N. B.A., Bank of... 325
Oct. 19' 0- 275
25 Pacific BaLk
180%
Apr. 1900— 1795a
18 Park Bank, National
452-455
Nov. 1900— 429»a
Trust Companies—New York.
of
•
25 Bowling Green Trust Co
50 City Trust Co
50 Farmer's Loan & Trust
tlO Holland Trust Co
27 Union Trust Co
14914
;Nov.l900-
331
Feb.
1451H
1355s
1900— 3*5*3
Nov. 1900— 1428
50
1390-1400
0—
50
Nov.
19<
Dec.
1900—1390
1199
and it is expected
occupancy by May 1, 1902. The
work of taking down the present edifice and that of the
Western Union will be begun May 1, 1901, when the Stock
Exchange will remove to the Produce Exchange building,
where, as previously announced, quarters have been secured
for the temporary accommodation of the Stock Exchange.
The structure
that
it
is
to cost about $1,500,000,
will be ready for
—The plan for the merger of
the Bankers' Trust Co. with
the Atlantic Trust Co., which was outlined in this department Nov. 24, was ratified by the stockholders of both companies on Monday. The vote of the Atlantic Trust stockholders was 9,265 shares out of the 10,000 shares of capital,
and there was no opposing ballot. The vote of the Bankers'
Trust Co. stockholders was 13,622 out of the 15,000 shares.
The necessary documents were promptly filed with the proper
authorities in this city
and
and on Wednesday
in Albany,
the consolidated company, under the
name
of the Atlantic
Trust Co., with a capital of $1,500,000, a surplus of $1,030,—It is stated on good authority that the efforts to obtain 000 and deposits of about $7,00 ),003, began business at the
a controlling interest in the stock of the Bank of New York, offices of the Atlantic Trust Co., L. V. F. Randolph continuNational Banking Association, have been abandoned. Hold- ing as President. On Jan. 14 eight of the trustees of the
ers of the stock, many of whom have owned it for several Bankers' Trust will join the board, and five of the trustees of
years, were disinclined to part with their holdings even at the Atlantic will retire, making the number of trustees of
$300 per share, which was the price offered, as noted in this the consolidated company twenty-four. It is expected that
department December 1, for one-half of the stock. A sale at some of the officers and clerks of the Bankers' will be given
auction on Wednesday of eighty-eight shares of the stock of employment in the Atlantic.
the bank, which belonged to an estate, was made at $325
On Friday of last week President Homer, of the Baltiper share, about the highest price on record. This enhanced more Clearing House, accompanied by thirty other business
price was doubtless due to the publicity which was given to men, representing that Clearing House and the savings banks
the efforts to secure control of the bank.
and the Merchants' & Manufacturers' Association of Balti-
t Closing up business.
1 Last sale was of Produce Exohange Trust
Co. stock. * Bales at the Stook Exchange.
—
—The printing upon the Stock Exchange tickers of sales of
amounts less than 100 shares,
which was suspended when the market became so active
immediately after the Presidential election, was resumed on
fractional lots of stock, or
Tuesday of
should be stated, however, that
while the printing upon the tickers of sales of fractional lots
was suspended, the official lists of the Exchange recorded
such sales, the transactions being reported to the Stock
this week.
Exchange printer
It
at the close of the
day and at intervals
during the day.
—
The orjly change in the board of trustees of the Knickerbocker Trust Company at the annual meeting of stockholders on Tuesday was the election of Henry W. McVicker in
place of Alfred L. White, resigned.
The A. T. Stewart mansion, which was built early in the
60s, at the corner of Fifth Avenue and Thirty-fourth St., was
this week bought by the Knickerbocker Trust Co., who will
take possession on February 1, demolish the building, and
more, visited Secretary Gage at the Treasury Department
to urge upon him his acceptance of the invitation of President
McKinley to remain at the head of the department. In concluding his address Mr. Homer said: "We are firmly of
under your management the marvelous commercial and industrial development, born anew
of the re-established confidence in our financial integrity,
will continue to grow and expand, affording an epoch of
prosperity such as has not before illumined any page of our
remarkable history."
In reply Secretary Gage, after thanking the delegation for
" If I remain here,
this expression of their confidence, said
as I hope to for some time to come, how long I know not, I
will thank you'gentlemen, who have been so kind in expressing approval, if you will at any and all times hang out cautionary signals or pass words of criticism if you see me going
wrong and extend words of approval if I am right. All together the people of the United States are working out a
great problem and it can only be worked out successfully by
public interest, public intelligence and the watchful guarthe conviction that
:
on the site thereof an office building five stories high.
Mr. Stewart died in 1876. The Manhattan Club leased the
property in 1891, occupying it until 1898, since whichjtime dianship of those who are in a position to understand the
questions before us. Their solution will be greatly enhanced
the building has been vacant.
patriotic sentiments,
—Joseph M.Dickey and Edward B. Dickenson were on by the interest of business men with
promote the welfare and
the single desire to
Thursday appointed by Supreme Court Justice Maddox re- who cherish
honor of our country."
ceivers for the Anglo-American Savings & Loan Association.
The trustees of the Bowery Savings Bank have decided
The application for receivers was made by Deputy AttorneyGeneral Kisselburg on behalf of the people of the State of to declare a dividend at the rate of 4 per cent per annum on
New York at the instance of the State Banking Department the business for the six months ending December 31. The
on the allegation of insolvency. The Association is reported previous dividends since July, 1898, have been at the rate of
explanation
to be the largest of its kind in the United States, and its 3% per cent. President John D. Hicks said, in
of the increase, that the deposits of the bank were more than
liabilities are said to be over $2,000,000.
$67,000,000 and the institution had been able to secure better
The plans for the new Stock Exchange building were
returns on its investments and hence could pay a higher rate
adopted by the Governing Committee of that body 00 Friday
of interest. He believed that with the now certain assurance
of last week. The new edifice will be one of the finest in
of continued prosperity the savings bank deposits of the
the Wall Street section of the city, and the maximum
country will grow to marvelous proportions.
height will be four stories. Broad Street is to be the main
Mr. Hicks further stated that the present surplus of
entrance, as now, that side of the building covering not
the bank is between $6,000,000 and $7,000,000, or a little more
only the space occupied by the existing edifice, bat also the
than 10 par cent of the deposits, while the la<v limits the
space at present occupied by the Western Uaion 'building,
cent. The source of this surplus is the
which has been purchased by the Stock Exchange. There maximum to 15 per
investments, some of which pay as high as 7 per
interest on
will be another entrance from the New Street side. The
Tne trustees
to 4)4 P er cent
main story will be used solely as a board room. In the base- cent, while others pay from 4
per cent surplus is more than is
ment below there will be erected two very large steel vaults, think, he said, that the 10
needed and that this is a good time to reduce it by paying
other portions of the same floor being used for telegrap
depositors, whose money has aided in earntelephone and cable wires, and for the messenger service. higher interest to
more than $1,000,000 was realThe floor above the board room will be used for the offices of ing the surplus. Something
converting its old bonds into new 2 per
the Stock Exchange, and the remaining two stories will be ized by the bank by
cents.
fitted up for club, meeting and other rooms for the use
At a meeting of the shareholders of the Canadian Bank
of members. The whole building is to be lighted by elecplant. of Commerce, held at Toronto on Wednesday, the agreement
tricity, which will be generated by the Exchange's own
erect
—
—
-
•
—
THE CHRONICLE.
1200
bank of the Bank of British ColumThe shareholders of the last"
bia was formally ratified.
named institution had previously ratified the agreement, and
hence nothing now remains to be done except to file the
necessary papers with the Treasury Department of the Dominion. Final transfer of the assets and business of the
Bank of British Columbia will be made in the first week in
January, after which the Bank of British Columbia and its
branches in Vancouver and in the Pacific Coast cities of the
United States will cease to exist [as 8uch, and the merged institution will be operated under the name of the Canadian
The principal office of the ab
Bank of Commerce.
sorbed bank in London will likewise be operated by the
Canadian Bank of Commerce. The latter will issue $2,000,000 more stock, making a capital of $8,000,000, and it will
have a reserve fund of $2,000,000. This will make it the
second largest bank in the Dominion of Canada. It will have
twenty branches in the Pacific provinces and States, including Dawson City in the north and San Francisco in the south,
and it will also have in the main office of the Bank of British
Columbia at London an establishment of long standing at
the British capital. Details of the above noted plan were
printed in this department of the Chronicle July 14.
for the absorption by this
—A
surplus.
was
[Vol. LXXI.
The surplus and undivided
profits
on June
30, 1900,
$782,983.
—The Merchants' Trust Co. of this city (320 Broadway)
announces that approved coupons, due Jan. 1, 1901, deposited
for collection in December, will be allowed interest from
Dec.
28.
—The Board of Trustees of the Colonial Trust Company
have declared a dividend of five per cent, payable January 2,
1901, to stockholders of record on December 20, 1900.
— Mr. James R.
tion
Branch
American Bankers' Associahas prepared the following list of banks which have
of the
been the victims of burglaries since Sept. 15, 1900. He
points out that none of these banks were members of the
American Bankerb' Association, and that not a single member of the Association has been the subject of a burglary in
the same space of time.
Bushton State Back, Bushton, Kan., $5,074; Bank of Wilton, Wilton, Wis.
(attempt); Clare State Bank, Clare, jlowa! (attempt); Wolf Bros.' Bank, Centreville, Mich., $9,831; Dan Herder's Bank, Zeeland, Mich, (attempt); Bank of
Elkport, Elkport, Iowa, $850; Blue River Bank.McCool Junction,Neb.(attempt)S
Townsend National Bank, Townsend, Mass. (attempt); Stebbins Banking Co..
Creston, Ohio (attempt): C. Brubaker's Bank, Bronaugh, Mo., $1,625; Bank of
Bridgeport, Bridgeport, Ills., $1,170; Wakeman Banking Co., Wakeman, Ohio
(attempt); Farmers' & Merchants' Bank, Jackson Centre, Ohio, $6,600; the
Sauk BaDk, Prairie du Sac, Wis., $2,000: J. D. Spearman "& Co., Springfield
Neb. (attempt); John A. Black's Bank, Barbourville, Ky. (attempt); Bank of
Bluffs, Blufls, Ills., $1,589; Bank of Ashley, Ashley, Ohio (attempt); First
; .
;
dinner was given by Richard Ddlafield, President of
the National Park Bank, on Wednesday evening at the National Bank, Jonesboro, Tenn. (attempt)* National Bank of Jonestown,
Penn's
Union League Club, to Gilbert G. Thome, who was re- Jonestown, Pa., (attempt); People's Bank, Bloomingburg, Ohio, $9 Grafton,
Grove National Bank, Penn's Grove, N. J. (attempt); Farmers' Bank,
cently made one of the Vice-Presidents of the bank, and Iowa (attempt); Bank of Meredosla, Meredosia, Ills.; People's Bank, Newton,
who was formerly connected with the Northwestern Na Ills.; Bank of Oblong, Oblong, Ills.
tional Bank of Minneapolis, Minn. The function was for
—The First National Bank of Minneapolis and the Nicollet
the purpose of introducing Mr. Thorne to New York bank- National Bank of the same city are to be consolidated. The
ers, and among the guests present were: James Stillman,
First National will absorb the Nicollet, which latter instituPresident of the National City Bank; Stephen Baker, Presi- tion will soon cease to exist. The consolidation, it is exdent Manhattan Company; Henry P. Davison, Vice-Presi- pected, will beoome effective January 1. The consolidated
dent Liberty National; J. C. Hendrix, President Bank of institution will have its quarters in the same place as the
Commerce; William H. Porter, Vice-President of the First National at present, namely, in the Phoenix Building,
Chemical, the executive staff of the Park Bank, and other and the name of the First National will also be retained.
bank officials and prominent merchants and business men of The negotiations which led up to the merger were begun
the city.
several months ago through the efforts of Mr. George B.
On Monday the United States Supreme Court handed down Lane.
—The stockholders of the National Bank of Commerce of
a decision adverse to the New York Clearing House Building
Company in the case of the company against the Tax Com- Toledo will be asked to vote at the annual meeting, January
missioners of New York.
The Building Company was 8, on the proposition to increase the capital of the instituto
taxed in 1896 and 1897 a sum as a personal tax in addition to tion from $250,000 to $500,000. The step is being taken
the amount assessed by the Tax Commissioners of New York provide for the growing business of the bank.
;
—
—
real estate, representing the building constructed by
A new bank has been organized in Baltimore, to be called
company for the Clearing House Association. The com- the Federal Hill National Bank. The capital is to be $200,pany resisted this action of the Commissioners, contending 000. Among the parties interested are George B. Skinner,
that as the real estate was all that the company owned it Oliver Reeder, Joseph B. Harig, Dr. Theodore Cooke and
was all that was in equity taxable. The Commissioners, Prof. H. B. Roemer. The bank is to cater to the interests of
however, claimed that a value existed beyond the amount of South Baltimore. Col. William H. Love is arranging the
on the
the
the real estate and that this value represented personal prop-
details of organization.
The matter was submitted to
—At a meeting of the stockholders of the Cincinnati Trust
the courts and finally an appeal was taken to the United Company held this week to perfect a permanent organizaStates Supreme Court, which, as above noted, has now decided tion, some important changes were made in the personnel of
against the Building Company. The amount involved is not the directory. New men were elected in place of seven of
large.
the original members. The new names are: C. C. RichardThe Governors of the Stock Exchange on Wednesday son, E. R. Stearns, Warren J. Lynch, R. E. Fields and James
favorably acted upon the request of the members to close the M. Hutton, of Cincinnati; Charles L. Pack, of New York
Exchange December 24. The members of the Cotton Ex- and Cleveland, and O. V. Parrish, of Hamilton. Those
change have voted in favor of closing on that day.
re elected were Guy W. Mallon of Cincinnati and M. J. Man-
erty, consisting of furniture.
—
delbaum and E. G. Tillotson of Cleveland, the latter being
Company.
of Group VIII of the New York State Bankers' Association, Secretary and Treasurer of the Cleveland Trust
which will be held at the Waldorf- Astoria Hotel December At a subsequent meeting of the board of directors Guy W.
Mallon was (elected First Vice-President and Counsel M. S.
19, have secured as the speakers for that occasion Hon.
Lyman J. Gage, Secretary of the Treasury; Hon. John D. Keith, formerly of Cleveland, was made Secretary and
Long, Secretary of the Navv; Assistant Attorney- General Treasurer. The office of President is left vacant for the
Beck, R.9V. George R. Vande water, Simeon Ford and Sc. present.
Clair McKelway.
—The Merchants' Loan & Trust Company of Chicago has
elected Leon L. Loehr, of the law firm of Rich & Loehr f
—The State Bank, located at 378 Grand Street, has in-
— The committee
of arrangements for the annual banquet
;
semi annual dividend rate for the current six trust officer, with title of Secretary.
months from 5 per cent to 8 per cent, making the baeis 16
As announced in our issue of Dec. 1, Mr. Rudolph Ellis
per cent per annum. The surplus and undivided profits of
been elected President of the Fidelity Insurance, Trust &
has
the bank, as reported December 4, are $238,948 and the cap- Safe Deposit Co. of Philadelphia, to succeed Mr. John B.
ital is $100,000.
The first dividend, 3 per cent, was paid in Ge9t, resigned. Mr. William B. Gest, son of the former
January, 1898, 6 per cent being paid for that year. In 1899 6 President, has been appointed Vice-President in place of Mr.
per cent was paid.
Charles Atherton. also resigned, and will also fill the vacancy
—The Fifth Avenue Trust Co. has declared its first divi- in the Board of Directors caused by Mr. Atherton's retiredend of 4 per cent, payable Jan. 2. The company began busi- ment. Mr. H. Gordon McOouch, in addition to retaining
ness in 1898 with |500,000 capital and the same amount of his position as Secretary, will act as Second Vice-President-
creased
its
—
—
.
December
THE CHRONICLE.
15, 1900.]
— Tbe first annual meeting of the stockholders of the Mercantile Trust
The terms
Company of
St.
Louis was held on
Monday
last.
which there are
twenty-one) had expired, and these were re-elected. The
of seven of the directors (of
board then re-elected the following
officers for the ensuing
Festus J. Wade; First Vice-President,
Corwin H. Spencer; Second Vice President, Lorenzo E. Anderson; Third Vice President, Jonathan Rice; Treasurer,
George W. Wilson; Assistant Treasurer, William Maffitt;
Secretary, C. H. McMillan; Assistant Secretary, J. B. Moberly, and Counsel, Valle Reyburn.
year
:
President,
American Economic Association— Annual Meeting.—
1V01
Note.— The denominations of bonds are as follows: Two per cents (registered
»nly),$50, $100, $500, $1,000, $5,000, $10,000, $20,000, $50,000; 4s of 1907, registered, $60, $100, $500, $1,000, $6,000, $10,000. $20,000, $50,000, coupon, $50, $100,
$500, $1,00(1; 4s, refunding certificates, $10; 5s of 1904, registered, $50, $100.
11.000, $10,000, coupon. $50, $100, $1,000; 4s of 1926 registered, $50, $100,1500,
$1,000, $6,000, $10,000, coupon. *50, $100, $500, $1,000; 3s of 1908-1918 registered,
120. $100. $500, $1,000, $5,000. $10,000, coupon, $20. »100, $5'0, $1,000; 2s of 19001930, registered, $50, $100, $500, $1,000, $5,000, $10,000 $50,000, coupon, $50, $100.
$500, $1,000.
DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.
Nov. 80.
O.t. 31.
funded Loan of
1891. coutinued at 2 per cent, called
for redemption May 18, 1800; interest ceased
August 18, 1900
$2,255,000 00
Funded Loan of 1891, matured September 2 1891...
75,060 00
Old debt matured prior and subsequent to Jan. 1 '61 1,099,980 26
$1,90C,400 00
75,060 00
1,0^9,960 26
Debt on which interest has ceased
$3,180,030 28
Bonds issued to Pacific railroads matured but not yet presented: Union Pacific, $12,000; Central Pacific,
$1,000;
Kansas Pacific. $1,000; total
$3,081,410 26
$14.000 00
DEBT BEARING NO INTEREST.
Mr. Chas. H. Hall, the Secretary and Treasurer of the AsUnited States notes
$346,681,01 6 0<>
sociation, writes us from Ithaca, saying that the thirteenth an- Old demand notes
63,847 5°
32,157,233 50
nual meeting of the American Economic Association, which National bank notes— Redemption account
Fractional currency
$15,264,344 41
8,375,934 00
will be held in Detroit and Ann Arbor, Mich., Dec. 27, 28 Less amount estimated as lost or destroyed
6,878,410 41
and 29, promises to be unusually interesting and important.
Aggregateof debt bearing no interest
$886,770,506 41
In addition to the usual supply of papers on economic theory,
RECAPITULATION.
topics of special popular interest will be discussed by compeNov. 30 1900.
Oct. 31 1900.
Inc. or Dec
Classification of Debt—
tent speakers. The growing recognition of the need, in this
$
$
%
Interest-bearing debt
.1,001,499,750 00 1,001,4U9,750 00
country, for better commercial education, is recognized in a Debt, interest ceased
3,081,410 26
3,430.030 26 Dec.
348,620 00
886,770,606 41
38e,4i7,5?l 91 Dec.
Debt bearing no Interest.
707.065 50
paper by Professor Edmund J. James, of the University of
1,890,351,666 67" 1,391,407,352 17 Deo. 1.055,685 60
Total gross debt
Chicago, who, while in Philadelphia, built up the Wharton Cash balance in Treasury*.. 289,176,79117
28;,o05,0« 12 Inc. 2,171,759 05
School of Finance and Commerce at the University of Penn1,101,174,875 50 1,104,402,380 05 Dec. 3,227,444 55
Totalnetdebt
sylvania and has recently made a special investigation of the
• Including $150,000,000 reserve fund.
methods of commercial education throughout Europe.
The foregoing figures show a gross debt on Nov. 30 1900
"The Business Man's View" of the same subject, will be
interest-bearing and non-interest-bearing) of $1,390,351,666 67
represented and there will be exhibited also a series of maps
and a net debt (gross debt less net cash in the Treasury) of
illustrating the industrial development of the United States
11,101,174,875 50.
which were awarded the " grand prix " at the Paris ExposiPacific Railroad Debt. At present the only bonds not
tion.
The taxation of quasi-public corporations is another
paid or in some manner settled by the companies are the
vital question which will be discussed from various sides.
On December 29 a special train will take the members of Central Branch Union Pacific and the Sioux City & Pacificthe Economic Association and of the American Historical We consequently omit the others from our table. Any
Association, which will also be in session at Detroit, to Ann reader desiring the details with reference to all the issues
Arbor, where, under the chairmanship of President James B. will find the facts in the Debt Statements for March 31 1900
Angell of the University of Michigan, former Minister to and previous dates.
China and Turkey, a joint session on Colonial| Problems will UNLIQUIDATED BONDS ISSUED TO PACIFIC RAILROADS— THEIR
STATUS DEC. 1 1900.
be held. At this session Dr. J. H. Hollander, Treasurer of
Principal.
Porto Rico, will present a paper on the fiscal system of that
Name of Road.
Interest.
Total due V. S
$1,600,0.0 00
Central Branch Union Pacific
$2,145,795 70
$3,7*5,795 70
island, and "Our Porto Rican Policy " will be discussed by ex- Sioux City & Pacific.
1,628,320 00
2,561,194 36
4,189,514 36
president John H. Finley of Knox College, the new professor
Total.
$3,228,32000
$4,706,990 06
$7,935,810 06
of political science at Princeton, who has just returned from
Treasury Cash and Demand Liabilities. The cash holda study of the conditions in our West Indian possessions.
ings of the Government as the items stood Nov. 30 we take
The American Economic Association, which was organized
from the Treasury statement of that date. The net cash
in 1885 with the late Francis A. Walker as its first president,
balance and the reserve fund of $150,000,000 have both been
It is the organ of no
is distinctly national in character.
deducted above in reaching the net debt.
party, sect or institution. Persons of all shades of economic
CASH IN THE TREASURY.
opinion are found among its members, and widely different
Reserve fundGold coin and bullion
$150,000,000 00
views are given a hearing in its annual meetings and
Trust fundsGold coin
$254,007,379 00
through its publications. It also reports from time to time,
rtllver dollars
425,374,000 00
through special committees, on questions of pressing importSilver dollars of 1830
5,847,74900
Silver bullion of 1890
67,f00,.61 00
ance, and thus helps to form enlightened public opinion.
United States notes
I,6t0,000 00
744,519,379
In 1899 it thus published a substantial report on the ^Census General fundGold coin and bullion
$70,474,706 40
plans and methods which, it is claimed, exerted an appreciaGold certificates
22,761.030 00
Silver certificates
3,760.59500
ble influence for good upon the Twelfth Census. This year
1.21M.207 00
Silver dollars
bullion
Silver
3,il4,599 9:l
there was printed a valuable report by a similar committee
United States notes
11,321,667 00
Treasury notes of 1890
86,670 00
on the fiscal aspects of colonial administration. Municipal
Currency certificates
National banknotes
6,343,129 98
financial statistics and the economic position of the American
Fractional silver coin
6,482,866 39
Fractional currency
62 46
negro are among the subjects to which the Association will
.
.
—
—
next turn
its
particular attention.
The President
at present
Professor Richard T. Ely, of the University of Wisconsin;
the Secretary is Charles H. Hull, of Ithaca, N. Y., from
whom copies of the programme or any desired information
about the Association can be obtained.
Minor coin
Bonds and interest paid, awaiting reimbursement
896,324 07
43,688 73
is
$124,603,538 96
In national bank depositaries
To credit of Treasurer of the
United States
credit of United States disbursing officers
To
89,013,973 83
6,415,080 90
95,429,054 73
219,932,588 e9
DEBT STATEMENT NOVEMBER
The following statements
30 1900.
and Treasury
of the United States are made up from official
cash holdings
figures issued November 30, 1900. For statement of Oct. 31,
1900, see Chronicle Nov. 10, 1900, page 943; that of Nov. 30,
1899, see Dec. 16, 1899, page 1228.
INTEREST-BEARING DEBT NOVEMBER 30 1900.
Htle of
Loan-
Interest
payable.
of the public debt
Amount
issued.
Amount Outstanding.
Registered.
Coupon.
18,911,950
40,697,000
13,025,650
Total.
$
861,943,750
116,700,910
325,567.«60
34,410
162,315,400
31,937,000
Agg'te Int.-Bearing Debt. 1.606,983,840 820,723,160
180.742.180
1.001,499,750
2s,
Sg,
4s,
4s.
4b,
6i,
$
$
Q.— J. 864,943,750 857,829,850
Consols of 1 930
Loan of 1908-1918.. Q. -P. 198,792.640 (54.417.160
Funded loan, 1907..Q.— J. 740,919,300 267,925.800
Refund's certifies. Q.— J.
Loan of 1925
Loan of 1904
Q.— F.
40,012,760
16 .',316,400 121.6i8.400
Q.-F. 100,000,000
$
7.113,900
62.263,780
57,041,850
1,114.451,967 69
Gold
$254,007,379 00
certificates
Silver certificates
4!S5,3'4,00<>
1,690,' 00
Currency certificates
Treasury notes of 1890
00
00
63,14S,0OJ 00
$744,619,379 00
National bank 5 per cent fund. .
Outstanding checks and drafts....
Disbursing officers' balances
Post Office Department account.
Miscellaneous items
.
.
.
12,912,4^1 66
6,391.03i77
68,741.445 70
5,109,230 60
2,601,653 79
80,756,797 52
$825,275,176 52
Reserve fund
Available cash balance
150,000,000 00
139.176,791 17
889,176,791 17
Total
$1,114,451,967 69
Cash balance in the Treasury Oct.
serve and trust funds
Cash balance in the Treasury Nov.
serve and trust funds..
Increase during the
month
31, 1900,
exclusive of re-
80, 1900,
exclusive of re-
$137,005,032 12
139,176,791 17
,
$2,171,759J 5
THE CHRONICLE.
1202
[Vol. l.XXI,
IMPORTS AND EXPORTS FOR NOVEMBER.
The Bureau
Washington has issued
of Statistics at
the country's foreign trade for
November, and from it and from previous statements
we have prepared the following interesting summaries.
the statement of
foreign trade Movement of the United btates.
[In the following tables three ciphers (OOCs) are In all oases omitted.]
If*
1900.
,
Imports.
Exports.
Merch'dlse.
April-June..
July-Sept...
October
November...
1.331
Total
.972
Export*.
%
""759.945
Exctsi
%
Imports.
%
313,988
279.030
309.459
125.967
173,756
191,319+122.669
197.126 +81,904
197.458+112.001
72.232, +53.735
+5 72~!o27 IJL52T0O
728.234+423.666
208,165+132.687
185,049+134.893
70,631
64,846
1899.
i
231.254 4-139.928
371.182
310.852
319.942
163.317
136,679
Jan.-March.
1
Excess.
+92,686
+71,833
7 0.099
+ 53.657
Gold and Gold In Ore.
Jan.-March.
8,177
April-June..
July-Sept...
22.264
22.185
5,879
10.747
19,479
9,814
3,488
14,729
24.121
8.690
5,324
3S0
264
+2,298
+11.617
+2.658
-11.296
+15.46t
10,880
-5,65«
—8,162
453
677
November..
Total
10,581
-9,381
-9.904
53.706
October
56,500
-2.794
33.522
45,715
-12,193
14.768
12,362
11,619
3,607
+6.886
+4.636
+5.830
+3.115
+1,651
4,683
4,339
7,682
6.764
8,289
2.322
2.772
+7.076
+5.608
+3,331
+2.861
+1^567
36,748
~+22,U7
47,761
27,818
+19,943
8,542
2.904
—2. 640
Silver and Silver In Ore.
April-June..
July-Sept...
15.004
15.366
17,132
October
November...
6,103
5,258
Jan.-March.
Total
58~,863
+ Excess of
8.119
10,730
11,302
2.988
— Excess of Imports.
exports.
We
subjoin the totals for merchandise, gold and
silver for the eleven months since Jan. 1 for six years.
Merchandise.
Eleven
Mos. Exports. Imports.
Excess
1900
1899
1898
1897
1896
Im-
ports.
ports.
%
%
1,831 972
Excets
Ex-
Im-
Exports
ports.
ports.
$
Excess
$
~f~
of
$
759,945
1,152 200 728.234
1 117,696 579.826
974,666 691,089
888,«51 622,59.'
1895. 732,331 739,468
*
Ex-
Exports
*
Silver.
GOLD.
of
of
Ex-
ports.
$"~
572027 53,706 56,500 •2.791 58 863
423666 33.522 45.716 12.19:- 47,761
537870 14,9*6 149,406 *134.48f 47.969
2.25S 52.813
283566 33,698 31,440
266052 57,825 101.980 •44.105 57,136
•7,137 89 478 32,975 56.503 48.946
1
36,746
27.818
25,922
30.3ie
27.294
21.803
22.117
19,943
22,047
22 497
"J
9 842
27.143
Excess of imports.
months
Similar totals for the five
since July 1
make
the following exhibit.
Merchandise.
Five
Mos.
Bxvorts Imports.
Excest
of
Export'
1
r~
gold.
1
«
Silver.
Excess
Im-
Ex-
Ex-
Im-
port*
port*
of
Export!
ports.
ports
*
t
t
1
~T~
1900. 61 9.93« 320.626 2994K 23 265 39.874 16,609 28.493
1899. 559,182 339,789 219393 5.968 22.326 •16.358 20.64)
1898 496.154 253.565 2425^9 8.74P 56.810 »I8.<61 23.371
1897 484.88T 238.883 2460?J 8,602 25,212 16.610 24.659
1896. 444.0S9 252.943 19109P 14,834 75,985 61,151 26.87*
1895
•
345,466 347.868
Excesi
2,402 53.929
17.897
13,388
13.C09
15,2e9
12,500
6,160 47,769 25,011 11,411
of Ei
porti
*
10.596
7.259
10.342
9.390
14,372
13.600
Excess of Imports.
In these tables of totals, gold and silver in ore for
all years are given under the heads respectively of gold
and
silver.
The
following shows the merchandise balance for
each year back to 1875.
EXCESS OF MERCHANDISE IMPORTS OR EXPORTS.
5 months ending Nov. 30—
Exports. $2,920,595
1875
Exports. 72,837,042
1876
Exports. 62,208,577
1877
Exports.113,848,888
1878
Exports.115,243,376
1879
Exports. 11 0,198,223
1880
Exports. 45,615,673
1881
Exports. 21,109,792
1882
Exports. 40,434,414
1883
Exports. 60,175,571
1884
Exports. 23,005,236
1885
Exports. 21.814,348
1886
Expoxts. 12,454,370
1887
Exports. 2,754,283
1888
Exports. 50,236,712
1889
Exports. 15,176,764
1890
Exports.104,962,401
1891
Exports. 27,644,831
1892
1893
Exports.125,618,387
Exports. 67,f 61.820
1894
Imports. 2,402,246
1895
Exports.191.095,979
1896
Exportn.246,603,919
1897
Exports 242,589,604
1898
Exports.2 19,392,617
1899
Exports.299,411,921
1900
11
months ending Nov. 30—
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
Imperts.$18,874,617
Exports. 122,900,825
Exports.l00,104,9P0
Exports.269,514,539
Exports. 230,279,987
Exports.141,361,717
Exports. 143,615,«39
Imports. 18,327,238
Exports. 86.517,4 33
Exports 70,931,406
Exports. 78,318,9v9
Exports. 20,835,610
Imports. 14,635,757
Imports. 58,821,017
Exports. 19,581,456
Imports. 3,544 ,59U
Exports. 91,700,830
Exports. 75,070,2< 3
Exports. 65,172,031
Exports. 126,047,892
Imports. 7,137,281
Exports.266,0^2,419
Exports. 283,565,8 18
Exports.537,870,363
Exports 423,966.371
Exports.572,027,012
[From our oivn correspondent.]
London, Saturday, December 1, 1900.
good business continues to be done in American securities of all kinds, at d though there was a slight decline in
prices in the middle of the week, there has been a recovery
since.
The activity, however, is mainly due to American
buying. The American demand now is ch'efly for bonds;
but it is passing beyond the American department altogether,
and a fair amount has been bought of late of goad securities
of all kinds. The Continent has likewise been buying somewhat more.
few months ago there was constant selling
on German account because of the crisis through which
Germany was passing; but recently German operators have
A
A
begun to deal again.
exceedingly little activity on the Continental
partly no doubt because of the crisis through
which so many Continental countries are passing, but
largely also because of the cramping effects of the Bourse
laws of both France and Germany.
During the recent
crisis many dishonest operators in Germany took advantage
of the law to disavow their bargains when they were called
upon to pay up. That for the time being has m*de a great
impression, and there is little speculative business in consequence going on in Germany. Oae result is a large increase
to the dealings in London. Moreover, it is found more convenient to carry over stocks from account to account in London than on the Continent; and it is said that very large
amounts, too, of stock are being carried over for American
account. At all events, the fortnightly settlement on the
Stock Exchange this week showed a very decided increase in
the "bull" account in the American department, which
largely explains the strong demand for money that has existed throughout the week.
In South African gold snares there is a decline, the Boers
having soddenly become active once more, and exaggerated
reports being circulated of disaffection in Cape Colony.
The prolongation of the war, the reported unrest in Cape
Colony and the apparent standstill in China have all combined to somewhat depress the market for British Government stocks, and British railway stocks are lower. It is believed that the coming dividends will be very unsatifactory.
The high price of coal, the rise in wages and the advance in
most materials have all added greatly to the railway expenses, and therefore the net profits are expected to be much
smaller than at this time last year.
On the other hand, there is a decided increase in the issue
of new loans and companies. The increase began a couple
of weeks ago. It was very marked last week, and it is equally
marked this week. This is not because of any great increase
in investments, but partly because the options taken by
promoters are running out, and it is therefore necessary
either to let them expire or to bring out the companies.
Partly, also, promoters are influenced in choosing the present
time by the fact that the new law upon company promotion
and compsny management will come into effect at the beginning of the New Year and the law will be much more
stringent than that now existing. Probably, therefore, the
issuing of new companies will continue fairly active for the
rest of the year.
Trade continues fairly good, although there is some decline in the price of ccal; and the wool trade remains
unsatisfactory. Broadly speaking, however, there is nothing discouraging in the sitnation, and the outlook for the
new year is favorable.
Applications were received yesterday at the Bank of England for £3,< 00,( 00 of Exchequer bonds and the applications
amounted to £6,263,500. The minimum price accepted was
£97 18s., at which tenders received 65 per cent of the amounts
applied for and the average rate at which the issue was
placed was £98 2s. lOd. per cent. Most of the bonds have
been taken by investors. The number of applications was
500, and many of them for less than £1,000.
Money has been in very strong demand all through the
week, mainly owing to the requirements of the Stock Exchange settlement which came to an end on Thursday evening, partly also in preparation for the new issue of Exchequer
bonds. The Bank of England lent a very large amount,
partly on bills, but to some extent on stock likewise; and the
expectation is that the large increase thus made to the funds
in tbe open market will make rates somewhat easier in the
coming week. After that it is expected that there will be a
recovery and that rates will be ^very strong till the end of
the year.
Assuming that not much gold is withdrawn from the
Bank of England, the belief is that the Bank will not be
obliged to raise its rate of discount; but if
h gold is
taken the rate will have to be put up. At tbe present
moment the impression is very general thit gold will not go
to New York because of the immense purchases of all kinds
of securities in this market on American account. The beA
lief also exists that not much gold will go to France.
very small sum, about £18,000, has been taktn daring the
week ended Wednesday night, and similar small amounts
may go from time to time; but the expectation is that not
much will betaken; for since the Exhibition closed, business has become very quiet all over France, and there is exceeaingly little speculation. Money, therefore, is very abundant and cheap in Pai is, and the great French banks continue buying sterling bills on a great scale.
'lhere
bourses,
is
mm
^
December
%
. .
.
THE CHRONICLE.
15, 1900.J
There is somewhat more doubt respecting Germany. la
the early part of the present week money was actually
cheaper in Berlin than in London, so much so that the Seehandlung lent a large sum for a month at 3*4 per cent.
Since then, however, rates have risen in Berlin, and the Berlin exchange upon London has turned against this country.
Yet the best informed think that gold will not go, in any
amount at all events, partly because speculation is at a
standstill in Germany for the time oeing and trade is very
quiet. The slow liquidation is going on aDd will have to go
on for months. It is doubtful, therefore, whether Germany
has the means of takiDg much gold from London. The
President of the German Impsrial Bank stated the other
day that he did not expect that it would be necessary to
raise the rate; but he added of course that if the necessity
arose he would raise it without hesitation.
No gold has come from Ru sia, and so far as is known
none is on the way but the Russian Government acts so
secretly that it is impossible to judge whether gold is to
come or not. The best informei are convinced that a good
deal of gold will have to be sent both to London and to Paris;
for Russia is spending vast sums not only in China, but
upon railway construction, upon shipbuilding and upon the
re armament of the army; and yet Russia has not been able
to borrow as she proposed. Therefore it is thought not unlikely that much of the gold that has been accumulated of late
years will have to be remitted to Western Europe; but as
yet the movement has not begun.
The India Council continues to sell its drafts satisfactorily.
It offered for tender on Wednesday 30 lacs and the applications amorjnted to 595 lacs. The whole amount offered was
dispo3ed of at prices ranging from Is. 3 31 32d. to Is. 4d. per
rupee.
Later the Council sold a very small amount by
special 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.
;
1899.
1900.
1897.
1898.
Nov. 29.
Nov. 80
£
£
£
29.110.640
7.840,827
39.966,454
17,495,174
8<».594,940
27.17l,0 7 6
6,193,360
87,70^,209
27.34'V*0
7.964,98
Other securities
Reserve of notes and coin
Coin 4 bullion, both departm'ts
27, :0'<,658
20,516,881
31,852,021
19,3<5, ;49
Prop, reserve to liabilities.. P.O.
Bank rate
percent.
Consols, 2H per cent
42M
417-16
49^
6
102 5-18
27 6-16d.
148,854,000
4
xll2%
27^4
London.
Silver,
Hon.
Ttt.es.
Wed.
29i3 16
973a
2913 lg
9738
2913 16
973a
29i6 ia
9 38
1689
465a
165a
4714
27^8
17*8
49 14
29
17 78
49i*i
Sal.
per ounoe
d.
Consols., new,2% p. ots.
Thurs.
29i3 ia
Fri.
29"i«
977 16
For aooount
97%
97»,««
97%
9-»8
979
97%
10'90 10195 102-25 10205 102 00
ffr'oh rentes (in Paris) fr. 01-72%
69
Spanish 4s
69%
69 %
69%
695a
10
Anaoonda Mining
9 78
9?8
9 7e
95s
9%
itch. Top. & Santa Fe.. 39 %
40ia
39%
4118
41
41%
853*
Preferred
85%
85%
87
86»8
80%
Baltimore & Ohio
8158
8338
815s
82?a
833s
826s
87i8
87*8
Preferred
8884
88
875a
88%
88*2
Canadian Pacific
...
89
89>4
89^
89%
895a
38'8
38
Chesapeake <te Ohio
38%
39 »8
39%
395a
13034
Ohio. Mil. & St. Paul... 129%
13158
130%
1293a
131'a
2578
26*8
26is
Den. & Bio Gr., com....
26
265a
26H
8214
do Preferred. 8214
8313
Do
83
83
83
Brie,
common
1st preferred
2d preferred
,
26%
Central
127
8478
Louisville & Nashville.
Mo. Kan. & Tex., com
14%
Preferred
39%
N. Y. Cent'l & Hudson. 145%
W. Y. Ontario & West'n 2534
Norfolk & Western
Illinois
Do
Preferred
Pennsylvania
'Phila.
'Phila.
•Phila.
127%
8434
12814
8558
1378
39
146
1858
20%
5^68
29^8
50
29 5q
128%
12814
863a
14ie
4«>%
86%
128%
146 %
27?8
146%
14
145%
39%
25?8
28I4
42H
43%
97ifl
ARead
& Read.,lst pref.
& Read., 2d pref.
Southern Pacific
Jouth'n Railway, com.
Preferred
32%
85»8
15%
1478
41%
41
146
28%
28
44%
44%
84
74
84
84
84
71%
84
84
do
pref.
Pacific, com..
Northern
721s
84i8
725q
85is
745a
73%
86
73
3278
7314
1158
3458
7d3a
lO^s
323*
lt>4
10%
73
42%
42*8
4378
84
85%
16%
18%
68%
73%
1818
6884
Onion Pacific
10%
333s
16 78
18'8
69
40
11 78
34%
71
17%
4a 78
43
18%
18%
70%
74»8
8414
74
70%
735s
83%
75i8
8414
22?8
8358
2278
73%
17%
44%
1838
85
34 14
18
44%
73%
11%
83»4
73%
Preferred
»V abash, preferred
Deb. "B"
Price ner snare
3
110^
English Financial Markets—Per Cable.
The daily closing quotations for securities, etc., at London
*re reported by cable as follows for the week ending Dec. 14.
225s
23%
23%
40
40*8
4014
40
8338
27
44%
£
Circulation
Public deposits
Other deposits
Government securities
1203
Nov. 28
Silver
OlearlnK-House returns
Messrs. Pixley
,
4
99 7 16
2911-16d.
148.71rf.000
&
7579,035
39173,894
13,34,9
32.014391
Dec.
36.51i.729
12.676.3)6
87.777,479
21,83 i,530
82.377,370
10 414,640
2H,*14,7tf4
21.81H.5H8
82,189,873
,
81.130,689
1.
4815-16
27 9-i6d.
171,792,000
168,820,000
Abell write as follows under date of
Nov. 29 :
Gold —The demand
for the Continent still absorbs all arrivals, and
£318,<00 has been withdrawn from the Bank of England,
of which £300,000 has gone to Egypt. Arrivals: India, £500,000;
in addition
West
Total,
Indies. £15,000; Chile, £1,000; Australia, £85,000.
£t 01,000. 8hiaments: Nil.
Silver.— On lower quotations from the East the price dropped to
29 1ad., with little business. At this rate India was a buyer, the
Indian price advancing to 75%, and this demand, combined with some
general inquiry, has caused a rise to 29 i'i. d.. with sellers inclined to
hold for better rates. An additional factor has been the export duty
of 1<> per oent, which the U. 8. A. propose levying on Mexioan Dollars
leaving the Philippines. This has brought about a demand for dollars,
of which holders have availed themselves, and have replaced tuelr
holdings with bar silver. The Indian rate to-day is Rs 75%. Arrivals:
New York, £212,000; West Indies, £11, 00U; Chile. £13,000. Total,
£236,0 0. Shipments: Bombay, £80,000; Caloutta, 20,000. Total,
£
i
(
0,000.
Mexican Dollars.— As pointed out above, Dollars have been in good
demand for the East and transactions have been large. Arrivals:
New York, £21 ,000.
The quotations for bullion are reported as follows:
Gold.
London Standard.
Nov.
Nov.
SILVER.
Nov.
Nov.
29.
22.
London Standard.
29
22.
d.
d.
s.
d.
8.
d.
11% Bar silver, flne...oz. 29<i 16 299i8
6% 76 6% Do 2 mo. delivery 29 % 29%
Bar
Japanese yen
National Banks.— The following information regarding
is from the Treasury Department.
national banks
NATIONAL BANE 8 ORGANIZED.
Certificate Issued November 17.
5,625— The Market Street National Hank of Shamokin, Pennsylvania
Capital, $100,000
F. P. Llewellyn, President; W. M. Tier
Cashier.
Certificates Issued November 19.
5,626— The First National Bank of Bluffton, Ohio. Capital, $25,000
Simon Herr, President; John Bixel, Cashier.
5,627—The First National Bank of Bethel, Ohio. Capital, $25,000.
W. A. Jalian, President, E. J. Fagley, Cashier.
5,628 -The First National Bank of Shiner, Texas. Capital. $50,000.
Charles Welhausen, President; Philip Welhausen, Cashier.
Certificate Issued November 22.
5,629—The Franklin County National bank of Brookville, Indiana.
Capital, $2 5,000. Joseph A. Fries, President; Richard S.
Taylor, Cashier.
Certificate Issued November 23.
5,630-The First National Bank of Cobdeu, Illinois. Capital, $25,000
William C. Rich Sr., President; John B. Jaokson, Cashier.
Certificate Issued November 24.
5,631—The Wiokware National Bank of A.kron, New York. Capital*
$25,000. Henry L. Newman, President; Edwin R. Ford.
Cashier.
APPLICATIONS TO CONVERT STATE BANES.
Approved November
gold, fine
oz
U. S. gold ooin...oz.
Germ'n gold ooin.oz
Frenoh gold ooin.oz.
oz,
76 6
76 6
76 6
Bar silver, contain'g
do 5 grs. gold.oz.
do 4 grs. gold.oz.
do 3 grs. gold.oz.
oz.
Cake silver
Mexican dollars. oz.
303 16 30l 16
2978
30
<!9is
'
16
2911x8
3178
om. nora.
32
The following shows the imports of cereal produce into the
United Kingdom during the first thirteen weeks of the new
season oompared with previous seasons
:
IMPORTS.
1898
1900
1899.
Importsofwheat,owt.20,333,500 16,549,500 15.0*4.200
Barley
9,329.800
5,235,700
7,166.900
Oats
4,197,870
6,430,100
5,006,600
98r>,400
Peas
601,420
743,530
675,210
Beans
486,500
582,440
Indian Corn
12,927,600 15,904,800 11,719,700
Flour
4,932,530
5,618,300
5,899,600
Supplies available for consumption (exclusive of
September
of Oroville, California, into The First National Bank of
Oroville, California.
Capital. $100,000.
C. H. Schiveley, Oroville,
Cal. E. Tucker, S. C. Lillis and J. M. Ware.
1899.
1898.
Approved November
15.
The Bank
of Allianoe, Nebraska, into the Allianoe National Bank,
Alliance, Nebraska. Capital, $50,000. F. M. Knight,
Corbin,
F. W. Harris and Thomas Beck. Blanks sent to Bank of Allianoe,
Alliance, Nebraska.
W H
CORPORATE EXISTENCE OF NATIONAL BANES EXTENDED.
2,498—The National Bank of Cambridge, Maryland. Until close of
business
November 24,
1920.
INSOLVENT.
2,726— The German National Bank of Newport, Kentucky, Is insolvent,
and was on November 19, 1900, placed in the hands of Oliver
P. Tncker, Receiver.
1897.
16,858,600
6,200,794
3,790,120
763.000
pgi^o
10,962,000
4,111,700
stocks on
1):
1900.
5.
The Bank
77 11ia 77
76
76 6
76 6
76 6
gpgmmjetxial aufl|ffligcjeIXattjegUB j|gwg
1897.
Wheat imported, cwt.20 333.500 16,549,500 15,094,200 le.sss.e^o
Imports and Exports for the Week.—The following are
the imports at New York for the week ending for dry goods
Dec. 6 and for the week ending for general merchandise
Dec. 7 also totals since beginning first week January.
FOREIGN IMPORTS.
;
For week.
1900.
1899.
189fe.
1897.
5,618,300
9,032,713
4,932,530
8,939,479
4,111.700
Dry Goods
8,4)97,660
Oen'l mer'dlse
$1,539,686
6,154,316
$2,066 833
9,033,049
$1,466,779
5,014,592
$1,594,862
5,395,570
Total
32,987,435 31,200,513
Aver.prloewheat,week.27s. 2d.
25s. 8d.
Average price, season. 28s. Id.
26s. 3d.
28,956,209
29.967 960
Total
Since Jan.
$7,694,002
$11,099,882
$6,511,371
$6,930,432
33s.
33s.
31
The following shows the quantities
maize afloat to the United Kingdom:
of wheat, flour
and
$107,160,818
393,965.431
$97,076,963
387,412,534
Imports Of flour
5,899,600
Bales of home-grown. 6,754,335
Wheat.
Flour, equal to
Maize
This week.
qrs ..1,765,000
Last weeft.
1,630.000
290,000
580,000
300,000
635,000
qrs...
qrs...
27s.
27s.
9d.
Od.
8d.
1
Dry Goods
Gen'l mer'dlse
$86,124,739 U14.056.208
314,321,746 341,587,777
Total 49 weeks '501,126,249 ?484,489,497 $400,446,485 $455,643,986
1899.
1,530,000
315,000
1,020,000
1898.
1,395,000
375,000
780,000
The following is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
week ending Dec. 10, and from January 1 to date.
specie)
—
.
t
..
.
THE CHKONJCLE.
1204
NEW YORK FOR THE WEEK.
EXPOKT8 FROM
For the week..
$ 6,007,034
$9,025,816
446,279,831 391,464,003
$10,559,112
427,943,672
1*9,733,491
Prev. reported
537,865,523
[Vol. LXXI.
New York City Clearing House Banks.— Statement of
oondition for the week ending Dec. 8, based on average of
daily results.
We omit two ciphers (00) in all cases.
1897.
1898.
1899.
1900.
BANKS
Capital Surplus.
Total 49 weeks $547,599,014 $438,502,784 $455,305,647 $397,47 ,037
1
EXPORTS AHD IMPORTS OF
Merchants'
Mechanics'
America
Phenlx
Jhemical
Merchants' Ex..
Since Jan.
Since Jan.
Week.
1.
300,0
600,0
Gallatin
Gold.
Week.
2,000,0
2,000,0
1,500,0
1,000,0
10,000,0
City
Imports.
Exports.
1,000,0
Butch. & Drov's'
1
300,0
400,0
200,0
600,0
300,0
Mech.<fe Traders'
Greenwich
All other countries.
...
$10,835
4,193
23,460
2,760
$27,780 $47,511,504
84,839 26,119,455
767.7«5 10,279,169
Mexico
Total 1900
Total 1899
Total 1898
$3,461,544
1,870,650
3,7^5,508
492,390
273,002
576,676
108,825
$19,029,720
17,664,481
4,502,989
2,026,794
$24,880
900
116,26d
3,989,055
2,000
182,200
$41,248 $10,568,595
25,401 14,037,999
917,374 97,546,685
Leather M'f'rs..
Seventh
State of N. Y....
Commerce
Broadway
Since Jan.
West Indies
North America.. 1,000,0
Hanover
3,000,0
Irving
349,189
2,595
2,628
f 93,045
2,627,591
1,755
74,619
19,958
3,112
39,333
55,000
1,410
$1,633,052 $49,964,439
1,016.129 43,643,284
1,437,740 45,010.247
$98,958
93,851
121,900
475
All other countries.
Total 1900
Total 1899
Total 1898
958,638
201,692
$4,451,280
3,736,873
2.661,344
DIVIDENDS
Per
When
Oenl
of Vompany.
Payable
Railroad* (Steam).
Alabama Great 8o.. pr6f. A
Ashland Coal
<fe
Iron
& Albany
Dec. 15
Dec. 20 Dec. 16
to
Jan. 10
Dec. 31 Holders of reo.
Jan. 31 Dec. 25
to
7 Dec. 18
Jan.
to
13» Jan.
7 Dec. 18
to
3 Jam 10 Holders of reo.
1
Jan.
2 Dec. 15
to
2 Jan. 15 Jan.
1
to
2^ Jan. 15 Jan. 1 to
5 Jan. 2 Holders of reo.
2 Dec. 31 Dec. 16 to
4 Jan.
Feb.
1
Dec. 25
to
1% Feb.
Holders of rec.
1*2
1
2^4
2*2
3
(quar.)
Chlo. Great Western, pref. A
Chicago & North West., com
"
"
pf. (qu.).
Portsmouth & Va., pref
Manhattan (quar.)
Cln.
& St.
Louis, com...
"
pref...
Harlem, com. & pref
N. Y. &
N. Y. N. H. & Hartford
Northern Central
Northern Pacific, com
(quar.)..
Rio Grande West., pref. (quar.).
2
Rutland pref
St. Joseph A Grand IsL.lst
Street Railways.
pref.
2i$ Jan.
Hest. Man.
Phila.,
com.
«'
pref
2
3
,
& Fair.,
"
Jam
Jam
3
5
2*2
Holders
Dec. 20
Dec. 19
Holders
Trust Companies.
3h Jam
Jan.
Jan.
2i* Jan.
4
3
pref. (quar.)..
Amerioan Screw (quar.)
American Steel & Wire.com. (qu
"
Jan.
2h Dec.
Us Dec.
1M Dec.
1% Jam
1% Jan.
1% Dec.
)
pref.(qu.)
Crucible 8teel, pref
General Electric, com. (quar.)..
"
"
com. (extra)..
Jackson (Mich.) Gas
Knickerbo< ker Ice, Chicago, pf.
Mergenthaler Linotype (quar.)
"
"
(extra).
Nat. Sugar Refining, pref. (qu.)
New Eug. Cotton Yarn, pref...
NUes-Bement Pond, com
Old Dominion SS
2
3
Dec,
Jan.
Otis Elevator, pref. (quar.)
P. Lorillard, pref. (quar.)
lh
.I;ni.
2
Jan.
l»s
Jam
2
Dec.
&
2h Dec
2^ Dec.
lVjam
3V
1^
&
1
Jam
13i Jam
1 ^1 Jan,
pf.iqu.)
Bag & Paper, pref. (qu.)..
Ferry (quar. )
Union
Union
Union Switch
Jam
Jam
2
3
Royal Baking Powder, pf. (qu.).
Safety Car Heat. & Light, (qu.).
Sloss Bliellleld Steel
Jan.
Jan.
1
I.
ifi
.I:m.
Sig.,com. (qu.).
1
pref. (qu.).
2
Jan.
Jan.
2h
,l;m.
2
2
Jan.
United Fruit (quar.)
United Gas Improvement (qu.)
United Shoe Mach'y, com. (qu ).
_ "
United
"
"
pref. (qu.).
States Brewing, prer
Western Union Teleg. (quar.)..
Westlnghouse Air Brake (quar )
"
"
(extra)
Westing Eleo.A Mfg., pf. (qu.)..
„
Westlnghouse Maoh., com.
_
"_
(qu.)
pref. (qu.).
Transfer books not olosed
Jam
H« Jam
olosed.
to
Jan.
1
of reo. Dec. 15
to
Jan.
2
to
Jam 1
of reo. Dec. 15
22
25
25
27
to
to
to
to
Jan.
Jan.
Jan.
Jan.
Dec.
Dec.
Dec.
Dec.
Dec.
5
Knickerbocker
Williamsburg, Brooklyn
Jam 15
Dec.
Dec.
Dec.
Dec.
Jam
Colonial
Fifth Avenue
Franklin, Brooklyn (quar.)
miscellaneous.
American Chicle, com. (quar).
31
23
23
31
23
15
15
15
31
Not
Jan.
Jan.
Jan.
20
Union, Brooklyn
13
Jan.
9
Dec. 31
to
1
Dec. 28
Banks.
Fifth Avenue, Brooklyn
Fifth Avenue (quar.)
"
"
(extra)
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Jan.
Jan.
Dec.
Deo.
Holders of reo Dec. 20
Holders of rec. Dec. 20
4
Electric, B'klyn, pref...
Sutter St., San Francisco (quar.)
Dec. 19
Jan.
Jan.
Dec.
lh Dec.
Twin City R.T .Minne'e, pf. (qu.
1% Jan.
Union Passenger, Philadelphia $4.75 Jan.
United Tract. & Elec.Prov.tqu.)
1
Jam
West End, Boston, pref
4 Jan.
West Phila. Pass. Ry
$5 Jan.
Nassau
"
Books closed.
(Days inclusive.)
3
(qu.)
tAtlantlc Coast Line, coin
*
500,0
600,0
500,0
900,0
Nassau
Market <fc Fulton
Shoe & Leather. 1,000,0
Corn Exchange.. 1,400,0
$65 091
$103
20,307
South America
"
450,0
200,0
People's
Since Jan. 1
Week.
1.
5,431
"
1,600,0
Chatham
Imports.
$1,610,515 $48,819,720
695,522
"
422,7
Pacific
Citizens*
Week.
Minneapolis
10,000,0
1,000,0
1,000,0
Mercantile
Silver.
Name
1,200,0
Amerioan Exch. 5,000,0
Republio
Exports.
21
21
25
21
21
to
to
to
to
to
Jan.
Jan.
Jan.
Jan.
1
1 1 Jan. 1? Dec". '21
10 Jan. 1
3k, Jam 10 Jan.
1
Jam 2 Dec. 21
IV
lh Jam
J
ll
.1
M
II.
2
2
to'
to
to
to
to
to
Ik Jan. l" m.
tlnoludlng Class. A etook.
.1
1
1
1
;
Jan.
BANKS.
Capi-
Sur-
Loans*
tal.
plus.
Invest
ments.
2
Dec. 23
Dec. 20
Jam 2
Jam 13
Jan.
1
Deo. 15*
Dec. 25
Jau.
2
Jam 1
Jan.
3
City.
Borough of
Manhattan,
Colonial
Columbia
....
Eleventh Ward....
Fourteenth Street.
Gan sevoort
Twelfth Ward
Twenty-third W'd.
Cnlon Square
Vorkvllle
Wastin gton
Bedford
Broadway
Brooklyn
Eighth Ward
Fifth
Avenue
Kings Conntv
Manufaot'rs' Nat'l.
Mechanics
Meoh's' A Traders'
Merchants'
Nassau National.
National City
North Side
People's
10
31
29
30
Borough of
Richmond.
Bank of Staten
lstNat.,Staten Isl
Other Cities.
30
1st Nat., Jer. City.
Hurt. Co. Nat., J.O.
3d Nat., Jer. City..
3d Nat., Jer. City..
1st Nat., Hoboken.
23 Nat., Hoboken.
Jan.
1
Jan. 10
Jan. 10
Jam a
Jan. 10
Jan. 10
Less tax.
P.O.
1
1
1 Deposit, with
Net
JcB'k. Ui*ar'fc Other Deposits
Notes Agent. Bks.A,
Lefl.
Specie
*
100,0
300,0
100,0
100,0
200,0
200,0
250,0
200,0
100,0
100,0
100,0
100,0
200,0
100,0
200,0
100,0
100,0
1
119,9
192,5
126,2
62,6
20,6
109,3
51,9
131,7
63,4
171,7
137,6
213,1
62,3
68,0
352>
201,3
22,3
t
1497,f
1806,<
1094,]
1177,i
709,1
1321,
2229/,
1309,1
1306,(
2266,(
967.)
3126,1
1193,f
1048,*-
2176,4
1605,t
440,6
f
25,7
110,(
61,t
66,>
8,8
90,2
lie,*-
37,2
21,5
69,7
14,1
275,(
33,(
41,8
61,8
42,7
9,8
t
109,8
86,0
63.1
69,9
48,0
108,5
141,2
152,0
138,7
176,1
62.9
138,0
181,3
109,5
274,1
119.4
20,0
*
191.
330.0
197.8
260,9
20,9
86.6
220,6
259.6
213,3
275,5
66,6
48.0
68.8
64,4
165,4
66,0
45,1
$
I
1610,0
2009,0
1272,8
1466,1
65,2
648,3
1468.3
61,4 2816,3
96,2 1544.4
21,7 1773,1
2407,0
964.7
189,0 3521,0
20,3 1632.4
13,8 1162.3
2841.0
10.0 1455,0
90 408,5
168,0
Brooklyn.
Jam 10
.
S
,
14.702.0 262
2,006,0 21.055.01 24-5
1,494,0 14.995.2 26-9
639,0 12,029,0 216
1,546,2 21,924,6' 23'9
131,0
6,063,0 261
8,710,8 126,287,0 266
2,047,4 25,879,6 28-5
619,5
4,946,9, 247
732,7
6,284,5 27 1
69,8
1,059,2 823
198.C
2,435,0, 173
176,7
917,51 30-6
191,8
3.896.5 279
419,6
4,392,11 19-8
196,9
3.837.3 280
1,209,0 20.014.0 20-9
5,017,9 46.880.3 240
313,8
5.277,7 281
1,593,4 14,247,6 259
495,8
3,466,8 250
881,3 20,670,5 238
25-8
873,0
6.008.7 _
669,7
2.747.8 29 9
866,3 12.294.1 277
3,983,7 47,223,1 25 9
478,1
4,248,0 253
204,9
3.163.9 26-1
295,5
3.049.0 20»
693,9
6.671.6 244
271,0
4.049.1 25-8
2,259,0 23,278,0 24-6
6.247.2 24-1
471,1
2.160.0 32-8
619,7
819,0 22,458,0 23-5
2,909,0 57,068,0 285
1,429,5 30-6
205,6
1,628,8 24,286,8 27-3
1,065,0 12,220,0 28-3
9.442.01 26-8
876,0
3,080,o!27'3
217,0
1,613,7 40,998,81 25-8336,2
3,039,6 27-8
328,0
3,403,0 21-S
348,1
4,024,9 259
245,5
3,466,6 24-3
_
1,721,9 43,969,6 25 3
614,9
9,565,71 25-9
916,1
3,310,6; 34-1
323,9
4,188,1 174
841,6 12,462,2i 27-1
330,5
7,296,6 24'4
169,8
2.321.4 233
479,1
6.891.5 24-7
418,0
2,987,0 26-2
863,0 16,029,0 27-5
2,262,3 41,860,1 266
795,0
4,519,0 304
425,0
6,713,9 24-0
325,8
8,671,0 259
812,9
5,751,4 26
246,3
4.176,3 26-9
80,5
2,053,5 269
Borough of
Bohermerhorn
Seventeenth Ward
sprague National
Twenty-sixth W'd.
Cnlon
Wallabout
Jan.
Dec.
Dec.
Dec.
Dec.
i,rv*
New Yobk
Riverside
State
1
Dec. 21
Jan.
2
Jan.
2
Deo. 29
Dec. 29
Dec. 29
Jan.
2
Jan.
1
Jan.
1
Jan.
1
2,863,0
3,169,0
2,543,6
2,069,0
3,712,9
1,192,0
27,687,4
6,339,0
704,2
974,7
273,3
224,0
104,6
895,7
450,9
671,6
2,978,0
6,271,6
1,176,1
2,100,8
374,8
4,056,7
679.0
154,6
2,550,3
8,263,5
600,a
620,1
342,5
939,9
776,0
3,475,0
1,069,1 12,837,6
2,184,9 12,128,0
2,916,4 19,703,2
222,6
4,978,0
5,601,6 112,203,5
6,849,6 25,297,1
209,3
4,644,1
1,896,1
8,061,6
916,2
88,4
2,238,0
117,9
182,2
979,7
477,3
4,006,6
216,0
3,415,2
568,1
3,818,3
2,964. (J 27,830,1,
6,802,8 60,176,1
6,974,8
1,575,8
1,191,8 13,649,2
2,621,3
484,4
1,060,6 19,050,4
996,9
6,977,7
1,946,3
334,3
670,0 11,224,2
44,491,9
6,070,2
434,5
4,088,0
2,971.7
382,1
284,0
2,662,7
6,593,5
1,008,7
3,666,9
200,6
1,771,4 19,663,0
4,482,9
795,8
508,3
1,985,0
187,3
401,1
5,957,4 24,614,0 4,459,0
3,380,7 45,140,0 13,367,0
165,5
1,197,8
232,9
2,285,5 22,650,8 5,023,5
9,371,0 2,398,0
618,4
814,3
8,448,0 1,661,0
2,642,0
161,8
623,8
9,114,3 40,021,0 8,981.8
2,834,9
101,0
609,7
714,2
3,106,0
415,0
3,118,6
378,4
696,0
698,7
343,8
3,526,9
2,000,8 36,714,6 9,410,9
8,466,7 1,963,4
1,311,8
639,0
2,408,3
213,9
405,5
830,0
3,014,9
909,6 10,481,8 2,645,9
6,379,9 1,463,4
1,062,9
2,150,7
452,5
344,0
6,481,6 1,228,6
992,5
2,722,0
409,1
367,0
743,6 12,867,0 3,663,0
1,687,4 34,268,6 8,792,1
4,062,0
522,4
581,0
549,5
6,696,3 1,190,4
3,84 7,9
626,9
411,0
627,8
416,9
4,962,7
252,3
3,947,3
836,7
306,3
2,704,6
473,3
(OOs omitted.)
Mutual
1
Deposit*
9
989,0
Reports of Non Member Banks.—The following is the
statement of oondition of the non-member banks for the
week ending Dec. 8, based on averages of the daily result.
We omit two ciphers C00 ) in ad cases.
Nineteenth Ward.
Plaza
Jam
Jam
Legal*.
74,222,7 90,109,9 806,442,5 1628044 58,157,9 861,044,7 26-6
Total...
Mount Morris
Jam
Jam
4
]
2
Continental
1,000,0
Oriental
300,0
Imp't'rs'A Trad. 1,500,0
Park
2,000,0
East River
260,0
Fourth
3,000.0
Central
1,000,0
Second
300,0
Ninth
750,0
First
500,0
N.Y.Nat'lExch.
300,0
Bowery
250,0
__.
N. Y. County....
200,0
German Ameri..
750,0
Chase
1,000,0
__.
Fifth Avenue...
100,0
German Exch...
200,0
Germania
200,0
Linooln
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. Y. Prod. Ex.. 1,000,0
New Amsterdam 250,0
Aator
350,0
Olde <fc Leather.
600,0
Hamilton
81 Dec. 26
to
3) Dec. 25
to
3) Holders of rec.
S Dec. 18
to
2 Dec. 18
to
2i- Dec. 19
to
15 Holders of rec.
15 Holders of reo.
2 Dec. 23
to
2 Dec. 16
to
31 Dec. 16
to
3) Dec. l<>
to
2 Dec. '21
to
1 Dec. 18
to
20 Dec. 11
to
2 Dec. 21
to
12 Dec.
to
2 Dec. •r.\
to
Holders of rec
T. Dec 13
to
2 Dec. 21
to
2 Dec. 16
to
Dec. '21
to
10 Jan.
1
to
10 Jan. 1
to
IB Holders of reo
15 Holders of reo
15 Dee, 21
to
15 Dec. 21
to
Specie
$
AT WR\r TOTtK.
SPtDCTJO
Loans.
Bank of N. Y.... 2,000,0 2,074,1 14,735,0
Manhattan Co... 2,050,0 2,110,6 18,909,0
The following table shows the exports and imports of
specie at the port of New York for the week ending DrO. 8
and since January 1, 1900, and for the corresponding periods
in 1899 and 1898.
Boston
b
t
.
Isl
Totals Deo." 8
1.
Totals Dee.
Total* Nov. 34
1064,7
1406,6
1250,0
160,0
100,0
300,0
100,0
100,0
160,0
252,0
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
120,2
163,6
160,3
43,4
61,6
59,2
490,6
380,7
206,2
14.3
621,1
567,8
324,0
63,4
69,7
44,7
615,4
476,0
1094,1
470,4
682,1
733,1
25,0
100,0
60,0
84,8
536.8
730,7
400,0
250,0
250,0
200,0
110,0
125,0
816,0
557,2
842,4
6094,1
1980,1
1176,4
916,8
2130.6
894,2
121,1
134,6
62,8
77,1
231,1
455,7
102,4
360,(
699,5
677,>i
2617,7
2770,o
966,9
449,2
B860,<
2490,0
888,9
888,5
11.1
24.4
66,2
12,2
30,2
33.8
310,6
89,6
119.9
33,6
23.4
27,1
26,
88.8
166.0
133.3
42,8
61.6
67,6
386,8
161,6
95.8
12,8
6II.0
8,7
143.4
125,1
81,1
27,4
271.0
275,0
61,2
49,7
29,8
43,4
107,6
16,2
23,6
33,6
10,0
22,4
47,2
15.1
46,2
36,6
61,8
65,8
178,3
48,7
62,8
34,3
16,3
38,4
17,6
16,6
95.9
91,2
256,0 263.3
99,0
92,6
14,1
762,7
322,9
284,2
146.0
166,4
33,6
79.0
169 8
17,2
8,6
160,0
141,0
12,6
36,6
17,3
81,9
46,6
99,6
66,1
18,6
69,4
30!'.
100,0
6,6
1.0
16,6
28,8
78,1
36.0
41,0
8,6
44,8
30,3
45,0
10.6
2,6
10,2
31,8
27,6
1129.7
1499.2
1195.5
294.6
536.6
676,1
3150,0
2973.7
993,4
397.7
4060.0
3780
847.9
896,8
5H7.1
468.7
1C20.0
466.4
609.8
697,1
635.8
698,5
477,0 5892,4
216,* 2030.7
1043.7
813,6
37,8
63,4 1776.1
11,4
863,5
73(12.0 8401,9 62887.7 2961,9 4 009.5 6959,0 1843.9 67879,3
7362,0 8401.91 63231,6 2t>74,6 3735,4 7230,9 2286,568723,5
7863.0 8401,9 62899,8 3822,7 3665,2 7188,7 3246,4 67838,3
-
December
New York
we
THE CHRONICLE.
15, 1900.]
&
Boston
City,
Philadelphia Banks.— Below
BANK8.
Surplus.
Loans.
Specie.
24..
9
184.332,6 782,720,
164,332,6 804,498,
164,332,6 806,442,
1..
"
8.
57,632,9 187,863,
67,632.9 187,563,
57,632,9 184,297,
13,554,0
13,003,0
13,179,0
Bos.*
Nov. 24..
Deo.
"
DepotttsM Oirc'Vn. Clearings
Legal*.
9
1588525
1647425
1668950
1628014
N. Y.»
9
Nov. 17.. 164,332,0 787.846,
"
Dec.
1..
8..
Deposits by—
August
summary of
the weekly returns of the Clearing
House Banks of New York City, Boston and Philadelphia
The New York figures do not include results for the nonmember banks.
Capital A
furnish a
9
58,734,8
60,383,6
60,073,4
58,157,9
839,670,1
851,391.3
864,410,9
861,044,7
30,677,5
30,688,2
30.670,0
30,607,9
9
15465828
15895392
11698563
1419U863
9,738,0 210.860,ol 6,875,0 154,240,3
9,272.0 205,411,0 6,868,0 116,317,3
9,806,0 201,697,0 5,868,0 143,483,9
Phlla.*
Nov. 24..
1205
r-Stock of
Money
Dec.—.
i— Money
1,1900.
In the United
States.
+
Held in
Dec.
Treasury.
&
Subsioiary silver
Treasury notes of 1890
United States notes
•Curr'cy ce t Act June
National bank notes
.
in Circulation.—
Die. 1,
1,
1,139,112
8,292,027
87.200,371
346,e81,016
5,4*2.866
8^,670
11,341,657
332,892.3<jU
624,702,013
231,346,349
73,^11.834
421,613,407
81.717.605
08,361,330
333,6«v,Hf9
1,690,000
326,919,170
5,343,130
6»,44*.00<J
8, '72
627,481.101
$
974,333
7,805,597
1,049,762
8.068.60J
$
941,563
7,641,210
33,567,922 33,582.454 84,112,994 32,784,2 3 32,395.776
Total.
*Aotof June 20. 1874. and July 12, 1882.
Coinage by United States' Mints.— The following statement, kindly furnished us by the Director of the Mint, shows
the coinage at the mints of the United States dui ing November and the eleven months of 1900. For statement Oct. 31, 1900,
see Chronicle of Nov. 10, 1900, page 947
that of Nov. 30,
1899, see Dec. 16, 1899, pace 1231.
November, 1900.
70,H30,22»
394,292,800
76,3^2,965
87,441,6*0
317,811,976
1H,«06,000
239,835,786
83.
—
Deposits op Bonds Held by National Banks. The
following interest ng statement furnished by the Comptroller of the Currency shows the amount of each class of bonds
held against national bank circulation and to secure public
moneys in national bank depositories on November 30. For
statement of Oct. 31, 190">, see Chronicle JS/ov. 10, 1900, page
947; for that of Nov. 30, 1899, see number of Dec. 23, 1899,
1281.
17.
Description of Bonds.
8.
Bonds Held Nov.
30, 1900, lo Secure-
Public Deposits
Bank
in Banks.
Circulation.
5 p. ota., 1894, due 1904
4 per ets., funded 1907..
4 p. ets., 1895, due 1925
8 p. ots.,'98, due 1908-18
1 per ets., funded 1891*.
2 p. ots., 1900 due 1930.
$3,207,000
17,055,500
12,350,900
11,195,820
533,000
56,451,850
515,000
8-658 Dist. Col., 1924...
$101,339,070
Redeemable at option
total Belt
$343,000
ST4,050,000
12,142,950
5,778,350
6,920,480
939,450
276,656,500
29,198,450
18,129,250
18,116,300
1,472,450
333,138,350
515,000
$303,280,730 $404,619,800
of the United States.
The foregoing does not include the bonds held in the New
York Sub-Treasury against deposits in banks. There were so
held on November 30 $13,111,000 bonds, making the whole
amount at that date in possession of the Government as s<
curity for deposits $114,450,070.
Changes in Legal Tenders and National Bank Notes to
Dec. 1. The Comptroller of the Currency has furnished
us the following, showing the amounts of national bank notes
Nov. 1, together with the amounts outstanding Dec. 1,
and the increase or decrease during the month; also the
changes in legal tenders held for the redemption of bank notes
up to Dec. 1. For statement of Nov. 1, 1900, see Chronicle
Nov. 10, 1900, page 946
for that of Dec. 1, 1899, see Dec. 23,
—
Amount outstanding
Legal Tender Notes—
Amount on
deposit to redeem national bank
notesNov.
1,
1900
Amoant
$1,086,317
deposited during November
Amt. reissued and bank notes retired inNov. 1,474,744
$32,784,203
388,427
Amount on
deposit to redeem national
banknotes Deo. 1,1900.
S32.395.776
3,130,000 68,339,625 33,414,766
23,062.612 23,062,612
456.000
9,294,934 4,647,4 67
150,000 14,043,197 3,510,799
62,000 21,938,882 2,193,888
3,518,000
5,422,000
175,900 23,955,195
54,220 53,204,964
1,197,760
532,050
Total minor
8,940,000
230,120 77,lt0,159
1,729,810
Five-cent nickel
16,545,120 151,626,057 129840821
14,272,000
—
Anction Sales. Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
By Messrs. Adrian H. Muller
Son.
&
Bonds.
Stocks.
50 Rumson Improvem't Co. 25
20 Williams Automatic Machine Co
$llot
2 42d St. Manh. & St. Nich.
Ave. RK
62
23 Old Dominion Land Co.. 82
60 N. Y. & Texas Land Co.,
$50 each
$403s per eh.
30 N. Y. & Texas Land Syndicate No. 1
$7 25 per sh.
31 N. Y. & Texas Land Syndicate No. 2
80o. per sh.
23 German Amer. Ins. Co. .513
50 Importers' & Traders'
Nat. Bank
518*2
50 Fourth National Bank. 179
200 Mechanics' Nat. Bank.. .216
100 Nat. Broadway Bank.... 251*2
10 Hamilton Bank
154
25 Pacific Bank
180%
18 National Park Bank.. 452-455
200 Nat. Citizens' Bank
148
50 Farmers' Loan & Tr. Co. 145*4
50 Consol. Lehi'h 81ateCo.$121ot
40 Chatham Nat. Bank
307
25 Allianoe Realty Co
100*2
40 Mercantile Nat. Bank... 225
3 Nat. Surety Co
145*9
60 Nat. Bank of Commeroe.280
88 Bank of N. Y., N. B. A.. 325
)0 Brearley 8chool, Lim.... 80
10 Holland Trust Co
50
1 Clinton Hall Associa'n.. 53*2
2 Chemical Nat. Bank
4,000
50 Bond & Mort Guar. Co. 312
27 Union Trust Co
1390-1400
60 City Trust Co
331
10 Nat. City Bank
483
25 Bowling Green Trust 00.149*4
By
Messrs. R. V. Harnett
&
$2,000 Pitts.
RR.
&
Connellsvllle
1st ext. 4s, 1946; J&J.113*8
$2,000
1903;
Cook
30 U.
S.
70*a
UatxMtxfl
2T
&
29
111.,
4s,
102
$2,000 Milwaukee, Wis., 5s,
1901; f&J
103*4
$3,000 Minneapolis, Minn.,
4*ss, 1921; J&J
1216s
$3,C00 Dayton & Mich, RR.
consol. 5s, 1911; J&J
1143s
$2,000 Terre H. & Logansp.
RR. 1st 6s, 1910; J&J
1153s
$3,000 Winona & St. Peter
RR.lsr 7s,1916; J&J
1433s
$3,500 Kan. C. St. Jos. & C.
B. RR. consol. 7s, 1907;
J&J
120
$2,000 Memphis & O. RR. 1st
10134
78,1901; J&D
$1,000 Brooklyn Riding &
Driving Club 2d 5s, 1911;
J&J
50
$4,500 Brooklyn Riding &
Driving Club inco'es, 1910;
J&J
30
$100 Atlantic Yacht Club 2d
5s, 1902; M&N
100
$5,000 Ches. & O.Grain Elev.
16*8
Co. 2d 4s; Income 1988
$8,000 Consol. Lehigh Slate
Co., Limited, 1st 6s
$900
lot
$5,000 United Breweries Co.
of Chicago 1st « s
80
$5,000 N. J. & N. Y. RR. 6e,
113*4
1910; M&N
$15,000 State of Louisiana
4s, 1914; J&J
108% &int.
$307 Tex. & Pao. Ry. 1st M.
bond
100
scrip
Co.
Stocks.
Playing Card Co
Spencer
Co.,
M&N
Stocks.
599,137
$332,212,405
2,462,000
One-cent bronze
$331,613,268
Deo. 1,1900*
6,126,273 94,696,245
2,462,000
912,000
600,000
620.0C
...
13,185,000
4,594,000
Half dollars
Quarter dollars.
525,000
4,150,542 83,010,840
374,918 3,749,180
1,573,677 7,868,385
27,136
67,840
738,000
Total gold
12,660,000
105,000
1899,
$3,370,152
2,771,015
a
$
;
page 1281.
National Bank Notes—
Amount outstanding Nov. 1, 1900..
Amount issued during November..
Amount retired during November.
Value.
Pieces.
633,000
lation per capita, (28 04.
amounting to $89,013,973
Value.
Pieces.
;
For redemption of outstanding certificates an exact equivalent in amount
of the appropriate kinds of money is held in the Treasury, and is not included
in the account of monev held as assets of the Government.
+ This does not include deposits of public money in national bank deposi-
Eleven Months 1900.
Denominations.
Ift0,fe08,202
Total
2,429,210,225 270,448,853 2,158,761,367 1,978,528,733
Population of the United States Dec 1, 1900, estimated at 76,975,000 circu-
*
1,076,762
8,173,477
Dec. 1.
1.
Red'o'gund.*
ot of 1874. 24,136,783 24 332,215 24,994,630 24,004,273 23,813,003
1899.
1900.
Si
Gold coin (inc.bul'nlnTreas.)l,099,18<t,997 243,235,735
•Gold certificates
4,978,fcOD
Standard silver dollars
500,403,511
Silver certificates
*
Nov.
1.
$
$
tnsol7 ntbks
Mqald'g bks.
Stock of Money in Country.— The following table
shows the general stock of money in the country as well as
the holdings by the Treasury, and the amount in circulation,
on the dates given. The statement for November 1 uill be
found in the Chronicle of November 10, page 947.
page
Ocl.
;
62,834,0
38,715,3 160,259,
189,885,0 8,763,0 105,987,5
Dec. 1.. 38.715,3 160,874,
191,094,0 8,735,0 90,087.8
53,230,0
8..
61.214.0
38,715,3 161,674,
187,777.0 8.729,0 99.303,7
* We omit two ciphers tn all these figures.
Including for Boston and Philadelphia the item " due to other bants."
taries,
Sept. 1.
1.
50 U.
and
S.
Printing Co.
IfttrntixtaX.
Trask &
BANKERS,
PINE STREET,
.69
....
Co.,
NEW YORK
Transact a general ban kin* business! act as Fiscal
Agents for corporations, and negotiate security
issues of railroads and other companies. Execute
commission orders and deal in
INVESTMENT SECURITIES.
Members N. V. Stock Exchange
Branch
Office, 67 State St.,
Alban j
Circulation of National Gold Banks, not included in above, $79,895.
GEORGE BABOLAT MOFFAT.
ALEXANDER M. WHITB, JB
According to the above the amount of legal tenders on
Dec. 1 with the Treasurer of the United States to
deposit
redeem national bank notes was $32,395,776. The portion of
BANKERS,
this deposit made (1) by banks becoming insolvent, (2) by
Members New York Stock Exchange,
banks going into voluntary liquidation, and (3) by banks rere iucing or retiring their circulation, was as follows on the NO. 1 NASSAU STREET,
NEW YORK.
first of each of the last five months.
SECURITIES.
Moffat
&
White
...
INVESTMENT
*
:
THE CHRONICLE.
1206
[Vol. LXXI.
reg ., 1925, at 138% to 138%. The following are the daily
closing quotations; f<>r yearly rangesee seventh page followina.
For Dividends see page
1204.
Interest
M.
WALL. STREET, FRIDAY. DEC. 14. 1900.-3
The Money Market and Financial Situation.—The security
P.
markets have been active and generally buoyant this week.
They were stimulated by the announcement that the Pennsylvania Coal Company has been purchased by capitalists
who are identified with the management of other anthraThis event is not only important in
cite coal companies.
itself and the effect it will have upon the coal industry,
but in a broader sense it illustrates the confide ace that now
obtains in financial circles and the readiness with which
capitalists are willing to undertake new enterprises of large
magnitude.
A feature of the markets noted last week has continued,
the steady demand for low-priced securities and the
rapid advance of some issues. Whether this foreshadows
new combinations of railway interests or not, it is evidence
of the confidence above mentioned.
In anticipation of interest and dividend payments abroad,
there is an increasing demand for foreign bills of exchange,
and the market is firmer as the week draws to a close. The
money market has continued firm, but the supply of funds
is ample for legitimate needs, and no material change in
rates is noted.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from 3 to 6 per cent. To-day's rates on call were 4 to
5K P er cent. Prime commercial paper 4% to b% per cent.
The Bank of England weekly statement on Thursday
showed a decrease in bullion of £99,792 and the percentage of reserve co liabilities was 41 66, against 41*60 last week;
the discount rate remains unchanged at 4 per cent. The
Bank of France shows an increase of 1,675,000 francs in
gold and 400,000 francs in silver.
The New York City Clearing-House banks, in their statement of Dec. 8 showed a decrease in the reserve held of
$6,006,100 and a surplus over the required reserve of
$5,701,125, against $10,865,675 the previous week.
viz.:
1900.
Dec. 8
1899.
Differen'sfr'm
Prev. week.
1898.
Dec. 10.
Dec. 9.
28,1930
2s, 1930
38,1918
3s, 1918
Dec.
Dec.
Dec.
Dec.
Periods.
Dec.
8
lo.
Dec.
11.
12
13.
14.
104 1« 104% *104i4 "10412*1041*
*10478 104% *10*?8 105
Jan. 105
105
-Feb. «109»fl 109% *109% •109i« 110 *109%
-Feb. *109i«| 109% iloie *109ifl *109% 110
-Jan
reg.
ooup.
-
reg.
ooup.
Feb.
3s, 1918, small. reg.
3s, 1918, smalL.o'p.
48,1907
reg.
4s, 1907
eoup.
4s,1925
4s, 1925
5s, 1904
5s, 1904
-
This
•Feb.
ibW'ibVifi
reg.
8utp1ub reserve
Notb.— Returns
5 "01.125
of separate
59,422,700 58,272,700
79.083,700 75,911,300
Ino.l,944,4"0 681,4^4,300 702,809,300
Deo.
62.100 16,411,300 16,385,300
Deo3,366,200 744.085,500 796.78d.000
Deo.4, 90.6C0 143,9fi9,l00 161,066,' 00
Deo 1,915,500 48 911800 54,873,800
Deo 6,006,100 192,880,900 215.940,300
Deo 841,550 186,021,375 199,197,000
Dec 5.164. *50
ooup.
the prloe bid at the morning board
banks appear on page 1204.
—
Foreign Exchange. The market for foreign exchange
was dull and easy during the early part of the week, but
became firmer toward the close on a better demand for
*
109'ii
;
no sale was made.
Coins.—Following are the current quotations in gold for
coins and bullion
Sovereigns
$4 85 ®$4 88
Fine Silver bars.. — 6414® — 65
Napoleons
3 84 ® 3 87
Five francs
XX Reiohmarks. 4 74 @ 4 78 Mexican dollars.. —94 ® — 96 1*
— 50H>® — 51
25 Pesetas..
4 78 @ 4 83
Peruvian sols
— 46 ® — 46 1*
Span. Doubloons.15 50 ®15 60
English silver.... $4 81 ®$4 84
Mex. Doubloons.15 50 -a>15 60
U. S. trade dollars — 60 9 — 70
Fine gold bars... par ©Hprem.
:
State and Railroad Bonds.- Sales of State bonds at the
Board are limited to $34,000 Virginia fund, debt 2 3s at 94k
to 95% and $15,000 Tennessee settlement 3s at 96.
The railway bond market has continued active, the transactions on Wednesday amounting to over $5,000,000 par
value, and was steady to firm in tone. There were a few
notably strong features, including the Erie, Missouri Kansas
& Texas, Wabath, Reading and New York Susquehanna &
Western issues. These advanced from 1 to 3 points and
transactions in all except the last named were on a very
large scale. Otherwise the market, which was generally
much less buoyant than the market for shares, had no
special features of interest, and the transactions were well
distributed. The active list included in addition to the
above, Atchison, Baltimore & Ohio, Central of Georgia,
Chicago & Alton, Mexican Central, Northern Pacific, Southern Pacific and St. Louis Southwestern bonds.
Stock and Bond Sales.—The following shows the volume
of business in stocks and bonds on the New York Stock Exchange for the past week and since Jan. 1
Sales at
r-Week end. Dec. 14.-,
Jan. 1 to Dec. 14.
—
,
tf. Y. Stock Exch.
Government bonds
1900.
1899.
1900.
1899.
1252.120
6<V'00
24,018.000
$139,760
16,000
10,141,800
$6,688,430
2,05^.200
513,449,800
799.012.900
124,320,120
4,451.639
$416,e58,900
shares, par value.
$7,000
110.296.250
5.019,059
1479,659,675
1522 091,430
8tatebond8
RR. and miso. bonds....
Total
Stocks— No. shares
Par value
Bank
19.638,590
1.95s 700
$810,921,190
ia3.2l3.05H
16v4l,069
$11,900,394,612 |16,a>4J 693,8a5
1154,026
$323,675
We add the following record of the daily transactions:
Week ending
Stocks.
Railroad, <kc. State
u. s.
Dec. 14, 1900. Shares.
Par value.
Bonds.
Bonds.
Bonds
Saturday.
»
Monday
306.846
554 278
Tuesday
MH.156
Wednesday
Thursday
FridayTotal.
The
sales
715.0H7
1,236.834
$29,789,600
53.099,050
72,484,600
78.88i.c50
69.195.950
114,407,650
$1,605,500
3.37X.500
3.943.500
5.14 O00
4,663.500
5,194,500
4,451,639
$418,858,900
$24,018,000
830.438
shares.
Saturday
Monday
Tuesday
9,234
16 908
18 892
shares.
6.057
8801
Thursday
22.0 18
16,961
Friday
25,1*63
9,2^5
7 698
12.897
11,739
110,040
56,357
Wednesday
Total
$14,000
$70,000
59,000
89,500
l,bo6
25,000
10.000
16,220
77.400
$50,000
$252,180
on the Boston and Philadelphia Exchanges were
-Boston.Listed Unlisted
16 743,300
«*,859,525
i"09i4
Feb. *13778 138
"138
138
•1381* •13814
Feb. -112% *112% *112% *112% •112% *113i4
Feb. *112% *112% "112% *112% *112% •11314
reg.
.
Capital
74,222,700
Surplus
90.109,900
Loans &dlso'nts. 8< 6,442,500
Olr oulatlon
30,607,900
861,044,700
Net deposits
Iti2,s04,400
Speole
Legal tenders.... 58,157,900
Reserve held
220,962,300
Legal reserve.... 215,261,175
*ib'9i« *i"09i«
Jan. 114% *114V •114% *114if 1141s 114%
-Jan. *115% 115% 11512 *115l« 11512 115%
Feb. *137V 138i* *138
*138
'138% 1381*
ooup.
Is
*104ifl
.
Bond
:
Philadelphia.
Listed Unlisted Bond
>
sales.
$5N,050
72,840
200,314
11H.350
71.275
22,325
shares,
9.029
16.694
87.H34
65,829
81.139
77.926
2,(70
16.086
9 7:8
14.119
38.8H5
2H.839
2.6.700
223.100
543.654
217.951
103,697
1,0J3,796
shares.
sales.
$71,170
14*500
191,9<ifl
177,400
bills.
To-day's actual rates of exchange were as follows: Bankers' sixty days' sterling, 4 80%@4 81; demand, 4 843^@4 84%;
cables, 4 85 l
4@4 85^; prime commercial, sixty days, 4 80^@
4 80%; documentary commercial, sixty days, 479%@481)^;
grain for payment, 4 81 @4 81 %; cotton for payment, 4 79%
@4 80; cotton for acceptance, 4 80^ @4 80%.
Posted rates of leading bankers follow:
December 14.
Sixty dayt.
Demand.
Prime bankers' sterling bills on London. 4 &lifl®4 82 4 85i$@4 86
Prime commercial
4 80^494 80>*
Documentary commercial..
4 79*94 81^4
Paris bankers' (francs)
5 200s®5 20* 5 i8ie®i7ia*
Railroad and Miscellaneous Stocks.— The stock market
has been active and was decidedly strong up to a late hour
on Wednesday, at which time a reaction set in that continued in mild force until to-day, when a long list
of active stocks showed an advance of from 2 to 5
points, and notwithstanding the reaction noted a large proportion of the list closes substantially higher than last week,
There were a few conspicuously strong features, including
the Erie, Lake Erie
Western, Wabash, New York Chi-
& St.
&
Louis and Chicago Great Western issues. All
the coal stocks were strong on the acquirement of the
Pennsylvania Coal property by interests in control of other
anthracite companies. The demand for Erie shares accom-
cago
panying this announcement carried the common up over 5
points, the 1st preferred 7 points and the 2d preferred over 8
points.
New York Chicago & St. Louis issues were notably
strong, the 1st preferred advancing ? points and the '3d preThe following were the rates of domestic exchange on
New York at the under-mentioned cities to-day: Savannah ferred 5% points. A steady demand for Wabash stocks at
buying 3-lfi discount, selling 1-16 discount; Charleston advancing prices was attributed to interests identified with
buying 1-16 discount, selling 1-16 premium; New Orleans, the control of New York Central. However this may be,
bank, par; commercial, $1 25 discount Chicago, 15o. dis- both common and preferred show a net gain of about 5
count
St Louis, 15c. per $1,000 discount; San Francisco, points.
Miscellaneous and industrial stocks were somewhat neg2c. per $100 premium.
lected, but generally moved in sympathy with the railway
United States Bonds. Sales of Government bonds at the list. The iron and stetl issues were strong and American
board include $37,000 2s, coup., at 104% to 105; $20,000 2s, Sugar Refining steady. Pennsylvania Coal was conspicureg., at 104% to 1041$; $47,500 3s, coup., at 109% to 110%; ous for an advance to 740 on the incident noted above.
$220 ditt small bonds, at 109^; $85,0(0 3s, reg., at 109% to This stock was quoted last week at 430. American Tin
110%; $10,000 4s. coup., 1907, at 115%; $58,400 4s, reg., 1907, Plate advanced *$% points and General Electric at 170
at 114% to 115; $4,000 4s, ooup., 1925, at 138, and $40,000 4s, established a new high record.
Amsterdam
(guilders) bankers
Frankfort or Bremen (reiohmarks) b'kers
* Less lift.
39'e^39i5ie
948 6 ®94V|
;
;
—
,
40V#40» 16
9416169 95
.
.
Dec.
.
.
THE CHRONICLE —STOCK
15, 1900.]
New York
Exchange— A
Stock
. I.
.
,.
..
.
.
.
PKIOES
(2 pages)
Monday,
Tuetday,
Dec. 8
Dec. 10.
Dec. 11.
•so
•20
93
53* 53* »*<*
379* 3-4)4
37*
82* 83* 8'*
78* 70* 79
81% 8** 8»«
69
70* 70
•73
•116
•78
•116
78
180
33
122*
58*
86*
37* 88*
76* 75*
131*
38*
76*
131*
1347,4
87* 97*
181* 191*
14* 14*
91* 9 %
•77* 78
•38
38*
9»* 23*
•56* 57
125* 125*
1178
178*
•166* 168
,
»?*
"14*
175
10*
•38* 98*
66* 66*
•9
•US
115
87
66
•38
•68
•108*
14* 14*
14*
3d
S3
92
78
•38
'8*
38* 38*
123
180
•9
•17
•115
29
114
121
25*
79* 7h*
••••
4*
17
66* 66*
113
114
27
66
113
88
•13*
14
18* 16*
45*
26 1*
•41
.?!.
SI*
81
86* 86*
177* 178
7*
•38*
7C* 71*
1184* 121
«
18* 18*
44* 41*
•19
13
13
37
87
19*
•16* 17*
•35* 37*
106
•811
69
69
6*
•102*
36
106
1214
•67
14
83
66
7*
7
7*
7*
7*
185
185
ISi
7*
8*
8«% 39*
71* 7«*
44
19* 10
46
37
4*
•3*
16*
11*
86
18
59
8
59
35*
44*
18*
118
185
179
59
214
74
27
180
27
181
59*
59*
89
78
114
87
66
8
e'.o'o'd
.
Chlo. St. P. Minn,
39,6(50
a Om.
.
pref.
Ole v. Oln. Ohio.
Do
Oler. Lorain
Do
A
L.
pref
St.
.
.
•
Colorado
.
182
01
8*
4
i
72* 73
125*
reat Northern, pref. . .
Ci
Jr'nB.aW.,deb
Deb.
I
20
45
44* 44
otfs.
Hooking
Do
"A"
ofs.
"B"
Taller
pref.
lllnols Central.,
Iowa
Central.
Do
pref.
19* 19* Kanawha a Michigan ..
13* 13*
an.Oity So. * ot. tr.ctfs.
37
38*
37
Do pref., rot tr. ctfs.
4
4
4*
Keokuk a Des Moines
•16
17*
17*
Do
pref,
40* 39* 41s Lake Brie a Western.
109* 109* 109* I via* 111
Do
pref.
380
230
75
•70
•335
70
19*
13
. .
225
235
74
•70
235
78
Lake Sh. a Mich. South. .
Long Island.
82
81* 88
8**
82* 8t* 83* 81* 83* 83* 82* 84* LoulSTllle a NashTlUe.
107* 108
108* 109* 109 1C8* 109* 110* 109 110 xlof*110
Manhattan BleT.,oonsol
163* ier* 161* lee* lb6* 168
166* 167*
167* 168* 165* 168
etropolitan
80
•30
80
32
•30
30 32 Met. West Side Street
32
•30
38
32
38
BL (Chic.)
*83
•83
83 85 83 86 1 = 2* 82* •82 84
85
85
Do
pref.
13
13
13
It* 14* 18* 14
13*
IS* 13% Mexican Central...,
13* 14
, ,
9* 3*
61* 61*
•105
• • • I •
89* 88*
18* 16*
•50
5)
•13* 18*
37* 37*
59*
186*
3*
16
50
18
51
13* 13*
37* SB-.
58* 69%
41
187
41
189
3*
4*
105
64* 65
65
•99* 100* 100
1105
41
189
4*
4
105
3*
105
16
50
18
61
13* IS*
39*
58* 61*
38
IV*
187
141* 141* 141* 143
43
189
18
51
13* 14*
88* 40*
60* 60*
43
187
44
189
16
50
84*
184
135
813
85
83
69* 6P*
81* 8 *
57
•66
814
58
57
59
91
66
•85
•66
142
91
66
58
141*141* 141* 144*
"id*
•83
67
•55
»85
•
To*
86*
90
34
70
Bid and asked eriees
85
11*
11
87
167
59
•89
no
sales
33*
84
70
60
90
i
11
•68
'way *
7th
Istmor
Id
mor
Ave— Stock
Bid.
35
100
339
5s 1904... JAD 1103
5s 1914.... J*J 118
1943— Set Stock Hxobl
1st 5s gu. 1034 «U6
Id Sslnt as rental. 1905 1103
Central Crosstown— Btook 855
lit M 6s 1933
MAN {135
C*n Pk N * B Blv— Stock 198
Oonsolls 1903
JAD 104
flon 5s
•waySur
17
60
•134
>187
189
142
44
88
78*
83*
59
91
2»
50
189
111*142*
17* 18*
lb*
108
105
47*
18*
•182
135
814
42
42* 43
81* 81
71* 70*
82* 83*
•81
71
88
9(i
87
103
340
105
114
1st.
118
105*
»
pref.
,
Morris* Bssex
,
11
69
•56
11*
•88
69
69
90
Peoria Decatur * Bvansv.
I'H Peoria & Eastern
84
Pere Marquette
89
Do
pref
I
11*
34
69
•58
59
90
88
23
50
16 Sep 12
40*J'ly 24
Deo 5
Deo 11
41*0-0
85*Dec
14
88
17
61
19
90
Apr 16
80*Apr
52 Feb 27 80 Nov
98 Jan 18 120 No*
34*8<>p 26 99*Feb
47*Feb 87 58*Dac
91*Feb 26 03 Feb
115 Jan 6 150*Deo
24 J'ne >6 S9*Deo
31 Oat 25 42 Dec
Pittsb. Oln.
Do
Chic
A St. L.
pref.
Apr
Deo 137 Apr
18*Oot
May 48*Oot
May 2i*Feb
50*Jan 68*Auf
43%J'ne 6i*Apr
67*J'ne 86*Nov
14
14
89* Apr
18*Jan 8
58* Jan 11
55*Jan 8
72*Jan 9
47*Sep 25
10
17
30*Mar
Mar
84*Mar
46*Deo
7
13
69
59
103
Not
Dm
99*May
70 Jan
85 Feb 94 Nov
97 Jan 126*Nov
14
26
1
23*May 31%DM
1
1
77*Dec 1
Nov 21 ill* Dec U8*Feb
Mar 27 59* J an lOO*Pep
17 125 Aug 15 113*Jan 132*8ep
25 16*Dec It
10* Deo 80*Jan
19 92 Deo 7
82 Deo 103*Ang
22 80 Dec 18
50*Jan 85%Aug
23 42 Mar 31
28 J'ne 44%8ep
15 29 Apr 16
7*Jan 19 Nov
24 64 Dec 11
81 Jan
53*Nov
25 120*1. ec 14 118 Deo 136*Sep
8
U
139
31 109
160* Jan 18 181
150*J'ne 25 171
Dec 14 165 Dec 1?9 Sep
Deo 11 141*Jan 173 Sep
Feb
900
4,433
84
604
3,630
6.434
7,69 i
600
255
400
1,300
6,344
200
7,is;
2,480
183
lOu
26.803
67,585
15,631
8 175
J'ne 10
55
115 Oot 3
30 Nov 15
72 Apr 10
Jan
Jan
9
21
5
12*May
29*Mar
4
5
Sep
7*Jan 25*Mar
81*Deo 6S*Mar
42*Jan 64*Nov
94 May 10b DM
9 J'ly
16* Jan
37*J'ne 49*Deo
68*Nov22
1
14*Jan 10
46 Jan 2
Jan 185
3 170
jlar
8*Oct 18 13* Apr 37
26*Oot 18 39*Apr 27
5 Oot
15*J'ly
3
21
14
8 Dec
Sep 25
4*8ep
36 Sep 22 47*Mar 87
35 Deo
14 Sep 34 20* Mar 21
13* Deo
l08*Sep 20 120*Deo 14 10 6* Jan
17i*Sep 10 187*Deo 14 157 Jan
16*Jan 10 26*Deo 6 15*Dec
84*J'ne 18 80*Deo 14 63 Deo
12 J'ne 20 10 Mar 26
13*Deo
6*Mar 5
4 J'ne 12
3 Apr
12 J'ly 5 20*Nov 9
7* J an
10*Sep 26 21 Deo 13 10 Deo
3 '*8ep 22 58fcDec 13
37%Deo
15 Sep 24 3i*Dec 13
15* Dec
38*Oct
54*Mar 16 36 Mar
74 Oct 9 94*Apr 19 70 Jan
14* Apr 4 17 Nov 33 14 Aug
15 J'ne 1 27*Deo 14
14 Feb
144* J'ne 33 183 Nov 19 143*Jan
5S*Mar 7 61 Deo 14 4 9* J an
f*Dec 6
6* Sep 24
5 May
30*Jan 10 4l*Apr 21 83 J'ly
73 Deo 14
53*Dec
58 Jan 8
110 J'ne 25 126*Nov 31 105*Deo
ll*Jan 12 2i*Nov 18 10*Mar
30 Sep 27 58 Mar 30
40 Deo
10 Jan 2 20 N v 27
7*Jan
17*Apr 19
7 Sep 10
27*Sep 10 43*Apr 3
3*May 24 4 Nov 12
8 May
14*Oct 10 17*Mar 27 15 Mar
20*Mar 16 41*D c 14 14*J'ns
83*Feb 2 111 Deo 14 60 Jan
1107 Jan
3 230 Nov 1 106*Jan
47* J an 4 89 May 5 45 Deo
68* Sep 32 87*Apr 8 63 Mar
84 J'ne 25 114*Nov 22 85*Deo
143*Sep 26 182 Feb 13 147 Deo
24*Jan 20 37*Apr 5 13*Aug
44*May
76 Feb 27 84*Nov 21
n*Deo
27
Sep
8*Jan
5S*Mar
25 Mar
125*Apr
184*00t
25*Apr
Apr
S3*Jan
8 Nov
80
17*Nov
;e*Jan
43 Jan
83%J%n
46*Nov
98*Sep
85
Jan
Mar
Mar
61* Jan
30
185
9*Cot
37*0ep
66*Sep
1212
Jan
15*Aug
62*Aog
16 Mar
5*F;b
83*Aug
84
DM
85 Deo
308 Jan
85 Apr
88*Oot
IS 3* Apr
360 Mar
39*Nov
60
83 Nov
10,870 10*Jan 8 l4*Apr 18
17*Apr
6 Jan
6,400
5 Mar 17
6*Sep
2*Sep 26
1 Jan
21 1104 Jan 22 1112 Feb 3 110 Oot 116 Jan
3,885 45*J'ne 18 69*Mar 28
35*Jan 78 Aug
1,000
100
7,640
46,394
80,370
1,600
si',582
14,815
1,930
16,120
87*J'nel8 104*Nov
14 Sep SO 27 Apr
47 Nov 1 69 Apr
9 Sep 19 11 ?4 Doc
35*Sep 22 40s Dec
38*Jan 11 6S*Dec
10
73*Jan
24
24
14
8* J an
30 Feb
0*Deo
13
38*Deo
90*Nov
37*May
73 Mar
14*Jan
45*Aug
33 Dec 62%Api:
32 Jan 02 Aug
4 176 Jan 1187 Nov
3 120 Deo 144*Mar
13
ll*Deo 19* Jan
13
65 Mar 85 Oct
13 29 Dec 41 Jan
13 1360 Jan 1390 Mar
10 129*Jan 1138*Mh
3 1198 Jan 1333 Apr
14
18* J an 28%Mar
21
17*Mar S8*Ang
14
2
48*Apr
il83*Janl0 il89*May
85
J'ne 25
125*J'ne25 143fcDeo
J'ne 20 18fcDec
75 J'ne 29 108 Deo
29 J'ne 20 48*Deo
11
1400 May 16 1420 J'ly
1180 Jan 18 1135 Mar
18 l207*Sep2H !215*Jan
176,700 18*J'ne 20 29 Deo
16,900 22*Jan 10 45 Nov
100 67 Jan 8 82*Nov 19
90.115 45* Sep 20 74*Nov 81
18,882 67 Sep 27 86*Nov20
61*Jan
48*Jan
74*Ang
57UAag
Dec
8l*Jan
J'ne
68
S3
68
Jan
77*S«p
May 54 N07
84*Apr 90 Feb
58* J'ly 68*Nov
68*J'ne
050
100
68,516
i",316
700
4fr6
700
46 May 12
88*Sep 80
57 May 10
121*Sep 23
l*tep 28
5 J'ne 10
20 Jan 80
62
Nov
8*Deo
60*oot 15
12 2* J an 148
144*Nov
4 May
19
1
1
Jan
12* Dec
6
13
13
4
May
8
43
80
May
34 Deo
55*Jan 31 69 Deo
l9*Sep 38 80*Jan
J'ne 35
1,3001 78
38
2i
3
94
Jan
8
Jan
7*NOT
7%N0V
88
Jaa
Feb 100
Less than 100 shares.
Railway.
43d A Gr St Fer—Stook..
43d St Man * St N Ave.
Istmort 6s 1910.. MAS
3d lnoome 6s 1915. J*J
392
68
113
i
1st.
135
118
103
1(5
109
4' 2
78
lie
98* '01
Lex Av* Pav F S*-See Stk Bxoh
. .
7
198
oonsboutivb pagis).— S1REE1
Ask.
185
Bid.
Christ'p'rAlOth 8t-8tock 176
Col* 9th Ave 5s-S«« Btook Bxoh
180
Dry D B B A Bat— Stock.
1st gold 6s 1933... JAD 1115
FAA 101
Scrip 5s 1914
890
Blghth Avenue— Stook.
105
Scrip 6s 1914
Ninth Avenue— Stock.
Highest,
Lowest.
l
r.BB.*N.Co.TOt.tr.ofs.
59
91
83* 83*
3u0
218
,
a
NY. Central St.Hudson..
Y. Ohio, a
Louts...
O
13,080
7,941
2,07
27,468
6,016
7,622
13,795
100
2,260
8,o 50
165,1
189,871
59,820
935
St. P.
Do
1st pref
47*
Do
3d pref.
New York a Harlem
136
N Y. Laok. a Western,.,.
214 N. Y. New Haven * Hart
89 N. Y. Ontario* Western.
43* Norfolk * Western
82
Do
pref.
73* Nor. Pao. B7.1 rot. tr. otfs
83*
Do
pref.
105
(Given at foot ov
Street
Minn.
Do pref., vot. tr. otfs.
58* 53* Paolflo Coast Co.
•85
85 92
Do 1st pref •••••* »0 ••
65 67
•65
Do 2d pref.,,,
67
141* 148* 141*143 Pennsylvania
58
were made on this tar.
Ask
130
300
106
12
34
70
roots...
Louis..
3d pref
39* 40*
Do
6j* 61* Missouri Paolflo.,..
43* 41* Mobile* Ohio
•18* 44
•187
111
18
tr.
St.
a 8. S. Marie
Do
pref.
14* 14* Mo. Kansas a Texas
18
51
210
310
37* 26* 27* 27*
58* 68*
•86
OUT8IDE SECURITIES
Street Railways.
NBW YORK CITY.
llMOk St * Ful F— Stock.
Istmort 4s 1950... J*J
136
314
67
68„ •69
143H 142*143
33
•69
59* 55
31*
Nat'l
Michigan Central..,,,
«•• •••»•
"ll" "if
57
34
67
60
134
138
84
68
81
68
85
•134
1212*812* 310
21* 85* 25* 26* 8B%
41* 41* 48
42* 42*
81* 81* 81
82
•81*
6t* 70* 70* 72
71*
82
82* 82* 83* 82*
•310
41*
41
81
136
4* Mexican
105
14* 11*
So* 40*
60* 6U*
148* 141* 14 2*
17* 17* 17* 17* 18* 18
18*
99* 96* 100 100
103 1C2
103 106
106
45* 46
41* 46
45
47* 46* 48
47
17
•183
•810
3%
4
65* 66
63
66* 87* b6* 67* Minneapolis a
101* 101* 101* 101*101* 101*101*
Do
•16
•50
• • •
pref. rot. tr. otfs.
.
7*
125* 135
19* 80
Do
Highest.
Lowest.
200 103*.I'ne
pref
pret-
(1809).
800 172
4,215
7,730
7,950
••«•
a Wheeling.
Range for
for year 1900.
195*May 9 313 Deo 6 188 Jan 310%8ep
102 J'ne 25 117*Nov 23 100 Deo 132* Jan
800 110 Oot 9' 126 Nov 17
91 Feb 128*8ep
.
Do
pref
Chlo. Terminal Transfer..
Do
Range
On basis of too-sh're lots ousyear
21,238
10,168 68* Not
55,265 11 9* Jan
800 88 Jan
610 120 Jan
19,087
9%8ep
1,820 81 J'ne
5,020 68*Au«r
3,470 30 J'ne
10,100 14 Jan
6,(05 45*Jan
151,670 108*J'ne
a Southern
Do
1st pref.
do
Do
3d pref. do
120* Delaware a Hudson
187*
el. Laok. a Western.
26* Denrer a Bio Grande ....
80*
Do
pref
16* Des Moines a Ft, Dodge.
6* Dul. So. Shore&Atl
16*
Do
pref
20* Erie.
52
Do
1st pref
31*
Do
2d pref
42
Bvansv. A Torre Haute ..
79*
Do
pref
A Den. C, stamped
27* FUW.
Worth a Bio Grande
t.
30
8
106* 107
108
1214
•69
*
39* 39* 38*
78
72* 71*
135* 135 125* 125
19* •19* 80
19*
46
114
44
41*
8* •19
19* 19
13* •i!9* 13* 13*
37
87
37* 137
4* •4
4* •4
16 17* 16
17*
37* 38
41* 39*
,
13*
86
26* 87
27
181
„
71*
122
43* 45*
18* 19
U9*
8*
106
314
74
'33
25* 35* 25* 26* 25*
80* 60* 80
80* 79*
16
16* 17*
17
6*
6* 5* "it" 6*
13* 14
13* 14* 14* 14* IS
18* 17* 17* 18
18*
81
18
47
48* 47* 18* 48* 52*
28* 2t% 38* 30
29* 34* 8?*
41
41* 41
41
•40* 41* •40*
•80
•80
81
81* •80
bl* 47994
6*
4,868
Colorado Mid., vot. tr. otf s.
85* 25*
80* 80*
16* 16*
4* 6*
17
anadtan Paolflo
anada Southern.
Capital Traotlon
.
•ll3
114
27
400
t
185
185
188* 131* 121*
19* 19* 19*
16
•23
•62
185
17
117
«39* 39*
4
37
66
50
1,887
1 27,78 i
124,511
20,379
6,818
145,75a
pref
.
122
172
1207
1.
Week.
Shares
Do
pref
136* 13s* Chicane Bnrl. A
X06* 95* Chioago a Salt. Qulnoy...
Illinois
120
Do
pref.
"IS* 16* Chioago Great Western.
92
98
Do 4 p.o. debentures.
79* 80
Do i p.o. pref. "A"..
3** 40*
Do 4 p.o. pref. "B"..
23* 87 Ohio. Indlanap. a LonlST.
59
64
Do
pref
126* 130* Chioago Mllw. a St. Paul.
180 181
1,436
Do
pref.
169* 169* Chioago a North Western.
3,710
200
Do
pref.
115* 117 Chioago Book Isl. a Pac. 29,967
116
125
180
115* 119
26* 27
87
180 180* 181
41*
19*
18*
lib* 113* •112
Do
76* 77
172*
10* 10* •10* 11
31
31
31
31*
67
67*
66* 67
•170
of the
A Pittsburg
Buffalo Booh.
144* 115* Central of New Jersey.
37* 38* Chesapeake a Ohio
38* *0* Chtoago A Alton
93
183
116
16* 17
45% 47*
27* 29
41* 41*
80* 80*
71
115
79
120
86* 86*
58* 59*
78* 79*
39* 39*
8.1* 23*
68* 5b*
42* 44* 44
17* 18* •18
118* 119* 118
13*
87* 37*
4*
•4
106
13*
7*
39n
93
.
••••••
18* 42*
95
25*
7W* 80*
•4*
• • • t
7
42* 42*
17 17*
11* 11*
31* 83*
67* 67*
•2*
•62
6*
t
183
180
•170
114
27
67
'23
i
•It*
6*
94
79* 80
38* 38*
23
23*
68
58*
Railroad Stocks.
Arbor
51* Ann
pref
Do
38* 41* Atoh. Topeka a Santa Fo
83* 8.*
pref
Do
81* Balt.*Ohio,vot.tr.certfi
84** 86*
pref.
Do
7 2* 71* Brooklyn Rapid Tramlt.
•77
•118
121* 121* 131 131*
14* 15
ii^ 15*
128
10* 11*
29
32*
66* 67*
•181* 182* •L8i* 183
.
87
80
130
88
66* 5B* 58* 58*
ioa* .... •103*
144*145* 144* 141*
37* 38* 37* 3b*
39
40
88* 39M
76* 77
76* 76*
136* 137* 196* 138
97* 97* 97* 97*
115*116*
115
134
180
170
89
116
116
73
N.
8TOCKS.
Y. STOCK BXOH.
24
53*
39*
83* 84*
79* 81
85* 85*
72* 71*
118
....
198
7b*
So*
33* 83*
67
57*
10*
7
43*
17*
98
80
180
•116
•87
•20
95
65
40
54
•56* 57
18:* iae* 126* 137* 127* 128* 126* 128
1178
178* 179 180
180 180 •179
180
168* 168
168* 171
168* 170
'168* 170
213 212
••••
63
143*
....
123
1£3<4
•••••• ••••#•
7
'77
141* 145*
37* 37* 37*
88* 38* 39*
76
76* 76*
135* 135* 136*
*
87*
»7*
•
92
•28
7
78
180
14*5*
92
78
•130
170
181
3e« 39*
84
81*
80* 81
85
88*
72* 71*
86* 86*
58* 68*
118*113* 113*114*
•118
•160
89*
84*
80*
85*
73*
•77
•115
78
180
•108*
145
37
55
88*
83*
78*
85*
88*
58* 68*
145
87
24
'54
Friday,
Dec. 14.
•81
30
55
78
Bales
Dec. 13.
Dec. 12
54
52*
38*
83*
78*
84*
78*
•85*
58
'109*
22*
Wednesday Thursday,
Page
Weekly and Yearly Record.
Daily,
8T00K8—H1QRRST AND LOWRS1 SALE PRIORS.
Saturday,
.
1st.
801
Street Railways.
Bid.
198
Second Avenue— Stook
Istmort 5s 1009.. MAN {107
Consol. 5s, 1948. .FAA 11)9
Sixth Avenue— Stock.
305
Sou BouJev 5s 1945. JAJ {111
So Fer 1st 5s 1919 .AAO {108
Ask.
301
Bid
Street Railways.
Westchest lst5s'43..J*J {jOO
Ask.
110
, ,
181
325
115
• •
oot
Third Avenue— See Stook Bxoh '.lit..
107
109
Tarry
5s. 1928
104* 107
Yonkers St BR 5s
114
38th * 29th 8U lit 5s.. '96 {118
410
Twenty-Third St— Stook 400
JAJ '03 108
Deb 5s 1908
Union By 1st 5s >42.F*A 113
W PAM
RAILWAYS, dc
BBOOKLYN.
1909.AAO
Con 5sg 1931
AAO
Impt 5i— See Stook Bxo
B. B. *W.B. 5s 1933 Aau
Allan. Ave.,5s
{107
114
h list.
104
Brooklyn City— Stonk
930
Cons 5s— Sm Stock Bxo hange
BklynCrosstn5s 1 bo8 J AJ 105
BkinHgtslsl 5s 1041AAC
1C6
STcm Q Co.* Scb— See St ok Hx.
.
.
109
117
••eeoi
883
list.
• •
•
109
list.
BllynRap.Tran.— Bee Sto Ck Bt List
•
THE CHRONICLE-STOOK
1208
8TOOK8- HIGHEST AND LOWEST SALE PBIOES.
8* 8*
61% 82%
20*
IBM
75*
48%
15*
Dee, 12.
80* 21%
64% 88%
34*
21* 32*
65% 67*
33% 35
•65
• •
91*
Dec. 11.
20* 20%
63% 64%
31% 32*
20%
63%
30* 31%
65
•>•
Tuesday,
Dec. 10.
Dec. 8.
20
63
•8*
e>%
2 * §3 0*
18%
19*
76* •75*
49
49*
15* 15
37% 38%
40%
17% 17%
66% 68*
20* 20
67
•65%
67
67
•26% 87%
•11
83
18
33
12
31
12
34
140
ISO
1145
145
•52
54
90% 98
20*
66* 67*
80* 30*
20
•90
•38
•160
81
37
165
37* 39
•90
•30
164
7%
87
70
7%
88% 88
•4%
5*
26
26*
53% 55%
98* 87
27
28
76*
40% 42%
76*
41*
84
"*«
85
85
124
183%
•114* 115* •111*
•93
96
•98
43* 44% •15%
•87
105
1137
47
175
88
105* 106
47*
176
9*
48* 52
•15
J
148
82% 93*
20* 22
6b
68*
30* 81
78%
82
26
81
91
26
36* 36*
188
41
41*
69
70
8
8
124
16*
•174
•8%
•174
179
39* 39*
4% 4%
85% 35%
•15
51% 53*
51*
121*
18* 16*
183% 189* 190
34* 36
35*
80
90* x89%
80
"51% "52% 61%
76* 77* 76%
122
188%
34*
89*
90*
63
77
•4
51% 52*
6
•70
53*
103
100
167
'18*
6
50*
90
108
73
7
24*
11*
55*
28%
12
12
84* 34*
5145
91
•35
5167
40
68
5
78
19
6
34
170
19
7
8
8*
39* 39*
4% 5*
25
25*
53% 55*
95* 96%
30* 82
73
79
48* 50
89% 89%
106* 107*
186
47* 47*
174 178
8% 8%
50% 51%
'130
53%
77%
61%
7e%
69
69*
171* 169%
53
53*
100% •100
....
22*
53
77*
70*
170
53*
103
'150
53% 63*
70
100
15
37*
8i%
20
02*
37%
72
Rio Grand* Western
95
Do
pref.
J. AG. Is!. TOt.tr. ots
Do
1st pref.
Do
21*
2d pref.
20% St. L. A 8. Fr., Tot. tr. otfs
75
Do
1st pref.
Do
2d pref.
50*
4*
•68
73
5
12
25
11
64
19% 19%
7
18% 19*
6
7
44
8
15*
t.
St.
Louis South western. .
Do
38%
pref.
Southern Pacific Go
43
18* Southern, Toting
tr. otfs.
pref., Tot. tr. otfs-
Do
69
22%
116
69
(""exasA Paolflo.
-1
htrd ATenue (N. T.)...
Twin
City Kapid Transit.
Do
pref.
Wabash
14
,
Do
27
pref.
11% Wheeling A
Do
65*
L. B., new
1st pref.
. .
"
43
65
68*
5* 5*
58* 60
•16* 17
•16*
•74* 11*
76
551* 51*
12% 13
74% 74%
68
64
66
64
22
69
68
570
5
5* 6*
68* 62*
16% 16*
16* 17%
75
76
131*
51*
13*
12%
74%
24* 25fc 21*
77* 79* 77%
183 186
183
82
81% 83
75
26
78
186
83
65
24
70
'64
23
68*
5
62* 64
16*
17
17* 17*
76
76
150
51
13* 13%
75*
28%
78% 81
75
28
5
65
23
69
•64
65
21* 24*
69* 69*
'•••Si
79,380
17,952
77,815
104,595
22,645
2,994
9,179
1,995
1,800
111
H. B.ClafllnCo
22* 23*
70
52* 63%
4*
30
'180
18*
6
International Paper
Do
73
5
13%
76*
29%
83*
51
12%
75%
26*
78*
53
13*
78*
28*
80*
Highest.
84 Dec 14
«>-%Deo 14
Sep
Jan
15
48
15*Deo
42*Deo
32*Deo
25*Jan
ss
5 May
38%May
J'ne
18
24
8%Deo
6
26
ll%,I'ne26
6 3* Deo
7
6
27
21*Dec
20^ Not
8%J*De 25
64
44%Jan
70*J'ne
6*Mar
8
7fi*Dec 13
3l*J'ne28
8%J'ne 20
21%J'ne 23
30%J'ne 18
10%J'ne3S
49*J'ne 25
13*J'ne25
45*Mar
Jan
Oot
8*Deo l4%Feb
May 75*Jan
50*Dec 14 28*Deo 44%Jan
16* Deo 8
6%Jan 18*
38 Dec 3
17 Jan
10% Aug
.J
43%Nov 19 27 May 44*Not
18%Dec 8 10 May 14*Oot
69 Dec 14
40%Jan 58%Not
28%Dec 14 12*Deo 35%Mar
lS5*Jan 3 117%Deo 343 Feb
Sep 25
61*J'ly
136 Jan
Highest.
88*Apr
38*Mar
44 Not
66 Jan 90*Not
3%J'ne
7*D«e
38*May 55 Jan
23%Sep 34 36*Dec 14
43*Jan 27 80 Dec 11
80 Jan 16 95*Deo 12
2
84
5 68*.Tan 24
2 146 Dec 7
10 74*Nov 21
23 83*N0T 21
Apr
Feb
5l*Deo
84*Jan
38 Jan 73
118 Jan 141
38*J'ne
88*Deo
8%Jan
6* Dee
19 May 85*Apr
7%Dec 13 Aug
Deo 11
16 Sep 20 27 Dec 14
8 J'ne 18 ll%Mar 26
44* Sep 32 58*Apr 2
16
14
pref.
45
(St.
Dec
64
Jan
• • » «
National Salt.,,
Do
72
38* National
Do
93*
63
pref
National Tube Co
Do
103*
82
165
19
7
43
pref.
Steel
,,
pref.
(now stook)
NewCent.Coal
N. Y. Air Brake
North Amerloan Co ..,,,,
Ontario SUrer.
Paolflo Mall
•64
24
65
34
Silver Bullion Certlfs.
loss-Sheffield 8.
Do
A
I
, ,
•51
13
74
75*
Do
pref.
70
51
6 3* Feb
Not 84 Feb
Mar 85 Deo
102*May
Jan 39 Apr
95*J'ly
5
Dec 63 Jan
Deo 107* Jan
15% Aug 11 28*Feb 6 32*Deo 40*Jan
886 83 Aug 11 10 6* Feb 30 103*Deo 115 Jan
600 32*^ct 19 46 Nov 15
100 89*Oot 15 76*Nov 14
20,114 20 J'ne 33 53*Feb 6
3l%Deo 63 Apr
510 79%J'ne 26 97 Feb 6 85 May 99%Aug
8,580 40%J'ne 25 61*Nov 19
31
Feb
7
88
14 105 Nov
30 37 Apr
700 112 Sep 25 175 Nov
14,585 13%Jan 23 21 Not
6%J'ly 7
• • • •«
9 Feb
7,378 25% J'ne 11 57 Not
44,855 81%Oot 11 HI* Apr
6,530 S2*Sep 26 58% Jan
1,480 70%eep 28 8H*NOT
1,075 176 J'ne 25 204 Deo
8,315
8% J'ne 25 27*Feb
5,861 49 Aug 1 70%Feb
59*Jan 16 65*NoT
12
30
825
23
J'ne 21
79*J'ne 18
86
1,845
1,370
100
500
939
750
114,780
300
1,900
1.2*5
86% May
30 Nov
81
21
2
17*Oct 20 28 Not 21
59*J'ne25 71 Not 20
4*Mar 6 10*Jan 3
48
Oct
8
104
13* J'ne
10
Jan
J'ly
Oot
15*No»
6*Sep
Jan 128
38
2
Not
17*Deo
17%Oot 22
25 Feb 7
19
J'ne 18
56*May
Feb
48
Deo 830
36
110
6%Jan 17%Not
6 Mar 10* Apr
35 Deo 55 Jan
10
80*Deo l29*Apr
2
17 44%J'ne 61 Aug
1U
75 Deo 91 Sep
8 156 Jan u07%Oot
16*Oeo 33%Sep
8
60*Deo 79 Aug
6
58%Deo 66 Apr
3
11
77% Feb
2
71 Deo
52 Dec 12 (45 Deo
19 Jan 3
5% J'ne
7**Not 12 64* Deo
44 Jan 2
37%Deo
9
335 145 Mar 12
7%J'ne 35
16,658
5,196 65 J'ne 35
37,641 21 J'ly 6
8,164 77%l)ec 8 104*J»n
3
186 120 J'ne 1 137 Not 18
82,901 77*J'ne 22 88* Jan 5
79
Feb
17
. . .
United States Bxpress....
18* United States Leather....
Jan
36
40*Nov
1,403
pref
53
95
Deo
30 Deo
Jan 11 100 Jan 4
6* Jan 30 18%May 2
Manhattan Beach Co...,,.
68*Jan
9
96
pref.
Jan 117*J'ly
Deo
62*Dec
Nov 20 40 Feb IS
50 Nov 26 66 Feb 8
400 65 May 10 80 Jan 5
Louis)
Do
97
17
14* Mar 6 2«%>ot 12
58 Mar 6 75 NotI*
24 J'ne SO 53%Dec 14
3*Aug 2 10% Jan 26
10
pref.
Laolede Gas
37* National Biscuit,.,
Do
90*
pref.
SO* National Lead..,..,,,,,,,,
Do
pref.
93%
39
1,000
1,040
5,500
27* 39% United States Rubber
pref.
Do
88*
513S* 185 182 186 •133 136 5135
185
Wells, Fargo A Co
83
est. Union Telesraph
83* 85*
82% 83
83% 83* 84
* B'i sad asked prices sales
no sales on this day. 5 Less than 100 shares. tBx 100 p. 0. stook dlv. * Ex rights.
81
Lowest.
135 }103 Oot 13 115*Jan 11
,
International Power
International ouver
Knickerbocker Ioe (Chic.)
Do
72
100
15
—
•5
5
6* 5* Standard Rope A Twine.
6*
55% 63* Tenn. Coal Iron A RR
64% 59* 62
16* 17 Texas Paolflo Land Trust.
16* •16* 17
18* •17* 18* 17% 18 Union Bag A Paper
x7 3* 75
77
Do
pref.
75* 79*
58
Lowest.
Range for prf
vxous year (1899)
•
.
59%
16*
17%
78*
51*
13*
75%
27%
Range for year 1900,
On basisofroo-sh're lots
.
.
•64
89,68t
66,860
2,967
1,585
[Vol. LXXI.
.
48%
44
45* 4t% 44% 43
eopTsGas-L. AC. (Ohio.
98
99
99%
97* 98% It* 99* 98% 100
98
49
49% 60* Pressed Steel Car
49* 50
50* 49
51
49% 49
•81
85
82* 85
Do
pref.
82% 82% 82% 83*| x85
85
82* 81*
800 202% 200* 201* 201* 201* (302 202
200*200* 200 200 Pullman Company...,..,,
15
15*
16
15% 15% 15* 15% 15* 16* 15% 16* 16
Repnblio Iron A Steel.
64* 64% 64* 65
Do
pref
65
65% 65
65% 65% 65% xS3% 68%
43* 44*
96% 88
48* 48*
93,810
339,868
75.822
100
500
2,000
2,740
1,125
13,000
300
10,091
2,600
16,574
128,235
69,750
2.
4*.
37%
37* 39
93* 95* 96% 93*
61
63
61* 62
102
103*103* 103*
SO
167
8*
63
Page
Do
28* 89
3d pref.
21%J'ne 18 33*Mar 26 21*Deo 33%8ep
11* 12% Wlsoon. Central, new
10 Sep 26 20%Mar 31
13*May 81 Not
85
36
Do
pref.
30 Sep 24 57 Apr 2
45 Deo 58 Aug
Tllsceilan'a Stock*.
182 111 Jan 2 5150 Ncv 16 (108 Jan (119 Feb
150
A dams Bxpress
5150
.,
89% 91% 'imaJgamated Copper., 45,192 88%Dec 14 99*Nov 83
!••••• ••••
22
23% American Car* Foundry 15,621 12*Jan 15 26%Nov 12 l6%beo 81%Maj
7,677 57%J'ne 28 69*Nov IS
Do
68* 6rf
pref
51 Deo 68%8ep
1,655 30 J'ne 25 37*Apr 7
531% 81% American Cotton Oil
30 Deo 46 Not
•91
82
788 88%Sep 18 100 Apr 5 88*Jan 97%Oot
no
pref.
35 88* American Dlstrlot Tel....
222 24%Jan 4 37 Nov 27
30 Oot
52*Mar
1,062 5142 Mar 6 1174 Dec 14 133 J'ne ll60*Au
U70 17« American Bxpress....
7,772 2 i*J'ne 26 49*Apr
40* 41* American Ice
31 Deo 41*8*p
69 70
550 60* J'ne 19 78*Feb
Do
pref.
72% Deo 85 Sep
4,041
7% 8 American Linseed
6 Nov 19 16* Feb
8% J'ne 16%Not
2,120 36 Nov 20 60 Feb
Do
38* 89*
pref.
44*J'ne 61 DM
800
5* 5* American Malting.,
3 J'ne 12
7%Jan
6*Dec 37*Jan
1,150 18%J'ne 27 31*Jan
25* 25*
Do
pref.
24 Deo 87*Jan
52* 65* Amer.Smelting ft Refining 75,9 76 34*J'nel8 58* Dec 11 30 Deo 58 Apr
6,454 85 J'ne 25 89 Not 17
95* 87
Do
pref.
77*Dec 94*Apr
17,680 17 J'ne 25 50*Feb 6
39% 31 American Steel Hoop
24 May 48%Not
79
2,420 64*Sep 28 86 Feb
179
Do
pref.
70 May 86%8ep
42% 41% Amer. Steel ft Wire (new) 98,445 28*J ne 26 59%Apr
32 Deo 73 May
87
6,100 69*J'ne 26 95 Feb
87%
Do
pref.
84 Deo 106% Mar
137,144 95*Mar 3 137* Jan
12*% 121* American Sugar Refining.
ll4*Deo 183 Mar
115 115
600 107 Mar 2 118 J'ly
Do
pref.
110 Jan 123 Mar
94 87 American Teleg. A Cablo..
5 87
Sep 27 ( 98*.Tan
(94 Deo 105 Apr
48* 49* American Tin Plate ...... 6 91
18 J'ne 25 50*Dae
20 Deo 53%Apr
4,796 70%J'ne25 90 Dec 12
89% 90
Do
pref.
74 Deo 9 9* Feb
65,558 84*J'ne 25 US Nov 21 t78*Beo 229*Apr
10a* 109 American Tobaooo
100 128 May 17 140 Feb 15 121 Deo 150 Mar
Do
pref.
5,480 37%J'ne 85 54%Apr S
46% 47% Anaoonda Copper. ........
31*Dec 70 Apr
470 140 Jan 2 181 Nov 19 130 Deo 160 Mar
175 175
Drooklyn Union Gas
830
8
10* Drunsw. DookAC.Imp't.
6*J'ne 25 16%Jan 25
9*May 80%AU»
*Nov 20 2% Apr 10
Colorado Coal & I. Dey't 36',22'6
l*Jan
SKApr
olorado Fuel* Iron....
31 54%Nov 2i
89*Sep
30*Feb 64 Sep
120
350 117 Oct 18 131*Jan 17 88 Jan ISO DM
Do
pref.
800 ll*J'ne23 21 Apr 2
1 8 * 16* Col. A Hook. Coal & Iron
8*Feb 21*8ep
18a* 189% Consolidated Gas (N.T.).. 11,230 U64 Sep 21 301 Nov 17 163 J'ne 233*Mar
25,830 21*May 21 38*Nov 21
31* 36 Continental Tobaooo
20 Deo 65%Apr
9,434 70 May 12 95 Nov 30
Do
89% 90*
pref.
71 De< 103%Aut
600 88 Sep 25 98*J'ne 14 63 Jan 101 Aug
Detroit City Gas
212,870 26%J'ne 25 57%Feb 8
51* 52% Federal Steel
38%Deo 75 Apr
Do
76% 77*
pref. 12,280 80%J'ne 26 77% Nov 81
67 Deo 93*Apr
400 64 May 17 81 J'ly 17
71* 71* Gas A Bleo. of Bergen Co.
••ft
6,375 120 Jan 10 173 Dtc 11
170 170% General Blectrio.,
95*Jan 132 Not
986 44 May 15 60 Nov 13
62* 53 Glucose Sugar Refining.
37 Deo 76%Mar
•100
10 98 Jan 2 103 Nov 14
102
Do
pref.
95 Due 110 Jan
69 71 70
95 100 95
•10
10
15
37* 37* 37
91
92
90*
1«% 19* 80
92* 94
93*
•86
•36
39
70 72 70
30
161
95
71* 73* Union Paolflo Ry
81
82
Do
...pref.
39
38
188
8
65
(109
"33*
73
5
30
•g* 20*
7
41%
70
53%
70
168
150
38*
73
4
34
•30
92
170
90
53*
•70
72
23*
68%
31%
16* 16*
191
186% 189*
35% 35
35*
90* '88% 90*
73
53
4*
148
92
16*
53
5
34% 38
36* 87* 37*
93
191* 94* 591* 94* x93*
60* 60
61* 60* 61* 61*
104
103*103* 103* 103% '101*
167* 150
52%
122
73
34*
•30
8
22* 23%
"
19
2B%
10%
54*
28%
115% •114* 116*
94 96*
96
23*
95 100 95 100 •95
10
10 15 10
16
15
87
37
87* •36* 37* 37
89* 9
81
•91* 91% •91
•18* 18*
18* 18* 18* 19
520
92* 85* 93* 94* 594* 94* 92*
•37
89
88% 87
36* 36* 37%
•88
•69
71
69
71
71
71
34
9% 10*
42* 44*
88% 87* 87%
1S7* 134* 126*
73
73
62*
72
100
172
68
171
63
68
45
178
16
73
•4
•175
8%
122
124
16
73
52
•SO
56
97*
81*
78*
47* 48*
9*
51% 52%
118
48
178
'95"
71% 73*
81* 81%
5136
48
168* 169% 169% 171* 171
•52* 54
•52* 54
553*
1103* 103* • 100 103 •100
IlO 1112
"82% "82% 22* 28* 22*
S3
83
60
•103
12*
34*
150
166
8*
8
8*
22%
11*
51%
28*
68
81% 93
91*
21* 23
21*
88* 88*
II* 31* •30*
91
38* 39*
•4% 5*
65
Sales
of the
Week.
Share*
11 eadlng, voting tr. otfs.
24
.
(2 pages)
68% £* 1st pref., Tot. tr otfs.
34% 36% 3d pref., rotlng tr otfs,
8* 8*
63
62% 63
21
20% 21* 20*
19% 19* 18* 19*
75
75
76* 75
49
50
49% 49*
15*
16
16
15%
38* 38
38% 37%
4)
41% 42% 41%
17%
18% 17% 18*
88% 87* 68* 67*
31* 20% 21* 21*
116% 116 116* 116
81%
8*
22*
10%
53*
37%
12*
34*
37
165
39* 41%
70
70%
21
8%
73
'143
81%
85% 66*
3% 34%
23
86
PKICES
STOCKS.
Y. STOCK EXCH.
N.
Dec. 14.
63
68
56* 66*
97* 97* 97
30
29* 80
77
77
78
77% 22*
43
41* 42* 42*
85
85
85% 86*
185* 125* 126% 126
115
•114* 116
115%
87* 93
97* 93
43* 46
47* 47%
88
88* 89* 89*
107* 106* 107* 107
47* 17%
188
86% 188
32* 33% 83*
88
88% 88
90*
49
61* 51
75* 75* 76
•70
•96
•10
87
81
68
Friday,
Dec. 13.
"95* 9t
187
88*
•118
•87*
58
72*
81%
9*
22*
10%
53%
27* 28
12
12*
34* 34*
91
37
91
88% 89
•4%
5*
25* 25*
58* 54
96
96*
•75
71%
81*
8*
21%
10*
161% 5185
38* 40*
7%
68
142
91* 92%
20% 21
68
63*
30* SO*
•68
m
65
.
70% 71*
8f% 81%
8
9*
21% 22*
10* 10*
52
63*
27
27%
70* 71
80% 80%
9W
81% 22*
10* 10*
80
80
94*
"8* 95
8*
8%
63% 6*% 63* ol*
21* 81
20* 21
18
19% 19*
18%
76
76* •75
76*
49% 49
49% 49%
16* 16
15%
38
37* 38* 37*
42*
41% 42* 43
18
18% 18*
17*
67
67* 88* 67%
20* 20* 20% 20%
116*
116* 116% 117
95
'
36%
40*
17%
08*
19*
114* 114* 114*
67
Wednesday Thurtday,
Monday,
Saturday,
5
)..
,.
..
.
,
.
.
.
Sep
l5*Jan
Mai
Mai
Jan
45
89
60
40%NOT
84*N0T
57
Apr
99% Deo 181
J'ly
Deo 135*B« P
Deo 98*Ja'
120
83
i
OUTSIDE SECURITIES
treet Railway.
Jonoy Island A Brooklyn.
1st 5s 1908
JAJ
•i oertf s lndbtl908.JAJ
B'k C.A New 5s '39. JAJ
Sr.at.AN9w lst5s'06AAO
H'p't A Lorimer St. 1st 6s.
Kings Co. Elevated.—
lit 4s 1949— Sm Stock
Hassan Bleo pref
.
Bid
325
108
100
Ask.
103
114* •"Mi
104
105
106
Bxoh. list.
75
80
AAO 110 114
1st Is 1U18
JAJ
88
*ewWmb'gAFllstex.4* e 104 lu5
5sl944
Jt»inwaTl«tHil923. ..J* j {lie
118*
(Giybn at foot of 7 consecutive pages).— 81RBE1
Street Hallway*.
OTHER
Bid.
Col St
C1TIBS.
100
Buffalo Street Ry— Stook
1st consol 5s 1931. FAA 3110* 118
Deb 6s 1932.. .....MAN 1107* 110
8took.. 254
Chicago City
15
Indianapolis Street Ry....
108
Cleveland City Ry
103*
105
Cleye Clty-lst 5s '09. JAJ 103
83
Cleveland Blectrio Ry....
84*
RR—
Con 5s 1913
MAS 103* 106
30
Columbus (O) St Ry......
Preferred
Street Railways.
Ry— Con 5s.-S«« P
Ask
90
Bid.
hlla.
5108
Crosst'wn— 1st 5s
18*
O Hob A Paterson
83*
4s g Not 1 1949. .MAN
1108
Kansas City Bl 6s
JAJ ( 89
Guar 4s 1922
J
Ask.
list.
30
68
91
St (Chic) Kiev-Stock
8* 10*
JAJ
93* 85
deb 5s 1928
119
Louisv St Ry— 5 p o bonds 5117
Lake
Common
83
112
Preferred
LynnABos-lst 5s '24. J AD {118
Mlnneap 8tBy-5s'19.JAJ tioa
83
113
114
110
RAILWAYS,
Mtreet
Railway.
New
Orleans City Ry
Preferred
North Chicago— Stook.
1st 5s 1806-16
JAJ
North Jersey St.—Stook.
. ,
Bonds
dko.
Bid.
19*
83*
198
"iot
A
23
82%
Pawt'ok-lSi, 5s '33 Cl 13
Con
Ry ......
5s 1930
29
,
,&AO
3d 5s 1933
.JAD
i Buyer pays accrue,.
94%
199
107* 108*
Pat Ry oon6s 1931 .JAD no
Gen 6s 1914
AAO 105
Koohester
Ask.
81
1108
81*
84
84
110
84
109
88
Inter est.
Dec.
N
J
9
.
THE CHRONICLE.-BOND
15, 1900.]
BOND8
N.Y.BTOOK EXCHANGE
Wbbk Ewdino
la
Lait Sale.
Week'e
since
A*k. Low. High. No.
Bid.
Mid. Seeta*. tlw.AW.
Albany A Hnuq.
Allegheny Val.
SeeDtH.
See
Perm Co.
08* 9J*
102% Bale 101%
1995 A-O
98*
06
97
108*
48
382
Oct.'0U
1995 Novt "88 * Sale" 88
t8*
79*Deo'9W
1995 Novt
1995 Nort
84* Nov'00
Stamped
Bqulp truer Ag 5s.... 1902 J -J
Chic A St Lou lBt6s.. 1015 M-8
105 Deo'00
Atl Knox A No 1st g 5s. 1946 J-D 103
Atlanta & Danv. See 8o Ry
Allan A Yad. See South Ry
Austin A NW. See. SoPao..
Mich Cen
A 8.
Bat Creekprior See 3*s.l025 - J 97* Sale 97
97 *
1 g
alt A O
1925 - J
Registered
1948 A-Ot 10054 Bale 100* 100%
Sold 4s
1948 A-Ot
99* Nov'00
Registered
Adjustment g 4s
437
90
98*
08* 101*
78* 10
Registered
PJunAMDlr 1st g 3*sl025 M-N "87* 'se*
Registered
South w 1)1 v lstg 3*8.1025
1925
Registered
^j
-J
88*
"90*
106
98
92* 97*
189
97* 102*
90* 101
SB
91
198 "85* 'Wl'H
111
111
A Car. See Illinois Cent.
Boonev Bridge. See M K A T.
BwayA7thAv. See Met 8 Ry
Bklyn A Montauk. See L Isl.
Bru'nsAWest. SeeSavFAW
Buff N Y A Brie. See Brie.
1037 M-8
BaffRAPgeng5s
May'00
ill" iia
J'ne'90
Bel
114*
103
J-J
A-O
1 947
Debenture 8s
All A West lstg 4s gu. 1998
gug 5s... 1943
CI A Man 1st
Booh A Pitts lstg 8s. .1921
1922
Consol 1st 6
Buff A Southwest. See Brie.
114
114
Apr '97
13 109
ibo*
J -J
••••
F-A 129
13C* ISO**
J-D 127
Nov'00
128
100 Nov'99
BuffASusq lstgold 5s.. 1913 A-O
1913 A-O
Registered
1006 J-D 107
Bur OR AN 1st 5s
108* 10**
ConlstAooltrg5s....l934 A-O 118
118 Nov'00
1934 A-O «•••§«
117 Nov'00
Registered
ORIF4NW 1st g 5S.1921 A-O 113*
113* Dec '00
MAStLlstgug7s....l927 J-D
South 1st 5s... 1908 J -J 109" Bale 108* 100
Canada
1913 M-8 108H
2d 5s
108* 108*
1913 M-8
Registered
lu4
Apr'00
1
•
129
184
114*
•••••
131
128
109
118*
117*
113* 113*
115
115
*
105
106
104
Oarb A Shawn. See 111 Cen.
Oar Cent. See Seab A Roan.
109
109*
104
OarthageAAd. SeeNYCAH
See
BC RAN.
Oen Branch O P lstg 4s.l948 J-D
Central Ohio. See Bait A O.
OenR R A B of Ga— Col g 5s' 37
M-N
92
92
98
95
Cent of Ga Ry— 1st g 5s. 1945 F-A* 119
1945 F-At
Registered
1945 M-N
07
Consol gold 5s
1945 M-N
Registered
53*
pref lnoome g 5s .1045 Oct.*
lit
17
8d pref lnoome g 5s ... 1 04 5 Oct.*
7
3d pref lnoome g 5s... 1945 oot.*
1946 J -J
MANDlvlstgSs
Mid Ga A Atl Div 5s. 1 947 J -J
Mobile Dly 1st g 5s. .1946 J -J
Gentof NJ-lstoons 7s. 1902 M-N 108
1987 J-J 127*
General gold 5s,
1987 Q-Jt •125*
Registered
Convertible deb 6s. .1908 M-N
1
96*
1
08
53
Sale
Sale
Sale
.
.
.
,
,
WBC
guar
5s. .....1912
,
130
117
M-N 104*
4*s. ..1910 Q-MI
Cent Paoinc See So Pac Co
Say 1st g 7s.. .1936 J -J
Charles A
Ohes AOhlo g 6s ser A..10O8 A-Ot
...1011 A-OU
Gold 6s
1030 M-N
lit con g 5s
Registered
1939 M-N
1992 M-8
gold 4*s
Gen
1992 M-S
Registered
Craig Valley lit g 5s. .1940 J-J
Dly lit oon g 4t 1 989 J-J
1989 J-J
2doong4i
Warm Spr Val 1st g 5s 1941 M-S
BUli Lex A B 8 gu g 53.1 902 M-S
Ohio A Alt RK-S f is. .1003 M-N
Refundi g gold 3s.. ..1940 A-O
U S Trust Co receipts A-O
MissRly B lstsf g 6I..1012 A-O
Railway, gold 8*8.... 1950 IOhio Bur A Q— Con 7s ..1003 J-J
Sinking fund 5i
1901 A-O
Ohio A Io wa Dly 5s. . . 1 90 5 F-A
1922 F-A
Dly 4i
Deny
Illinois Div g 3*1,,,. 1949 J-J
Registered
1949 J-J
1 9 1 A-O
Iowa Dly sink f d 5i
4s
1919 A-O
1927 M-N
Nebraska Brten 4
Registered
192 M-N
Southwestern Dly 4s. .1921 M-8
1903 M-8
Convertible 5s
BAA
.
102*
Sale
116*
Sale
. . .
M-N
M-S
J-D
1907 J-D
Small
litoong8s
1934 A-O
Genconltt 5s.
1937 M-N
Registered
1937 M-N
Ohio A Ind O Ry 1st 5s 1 936 J-J
OfcicagoABrie. 8m Brie.
Oh InALouls— Refg 61.1047 J-J
Refunding s 5s
1947 J-J
LouisTNAAChlst6s. '10 J-J
1913
Han A St Jos con 6i... 1911
OaioABUl. lstlf our 61.1907
Bo prlee Friday
;
latest bid
64
"81
17* 2C3
2
7
Deo '99
J'ne'99
Oct.*00
103
107
98
105
103
Sale
104*
....
91*
Sale
85*
111*
"83
81'
101
102* 102*
104* 105* 1C5 Deo'00
108
114*
104*
4
*
• l *
100*
135*
138
uoe* 111* 110*
108
ChioStLANO.
111*114* 114*
125'a
110*
112
Sep.'OO
134
116
115* 115
110
102
114*
Aug'00
115
107
119
107
115
117
115
26
105*115
b
111*119
119
107
116*
Sale
118*
3 112
is**
116*
5 100
118
107
117
> • • *
120*
1
Nov'00
04
180
131
123
37* 144
117
118
130
13 106* 118*
50 08* 112
108* 111*
Mar'00
107
100*
103
10094
10o%
109*
1
IS
•
Oct.'00
Ofr* Nov'00
111
107
107
ue
Nov'00
103* Feb '00
103
109%
119
118
130
Nov'00
Dec'00
118*Nov'P0
117* Feb '98
181* 121*
120
117
110
107* 107*
107* Nov'00
108
105
••*•«
114* 11»M
111
1
107
105* 110*
Nov'00
116*Dec'00
188
180
103* 108*
Nov'99
112* Apr'00
112* Apr'00
111* Apr'00
120* Nov'00
18f* 135*
126% 126*
187* Aug'00
139* Apr'00
107* Nov'00
109* Aug'00
1?4W
Nov'00
May'00
120*
139*
93* 98*
Sale
Sale
110
106
120
100
103
115
113
111
93*
118* 112*
112* 118*
110 111*
120
128*
3 133* 189*
18 12-<s* 127*
137* is?*
189* 189*
105 107*
189
187
134
188*
109*
105% 107*
41 103*
96
96
86* 86*
107
114
04
83
95
•104
•104
131
131
140
8 127
30 91
188*
135
140
182*
»7*
Oot.'00
120
118
Oot.'99
J'ne'99
Jan.'00
120
•••••• #•••••
••»«» •••#•9
109
115
115
103
117
Oct.'00
113*113*
Nov'00
111
114
04
108
101* Sale 101* 102
•100* ..... 07 J'ne'99
100* 100*
100*
103* 104 103* Dec'00
09 May'0H
WW
16
93
100*
100* 104*
94
Oct.*00
94
Nov'99
nilll
•••••9 111(11
litis*
105* Apr'00
105
105*
Aug'00
'133* 133* 135* Aug'00
114
115*
Registered.... ....1936
A 01 oon lttg 5s. 1928
Cln 8
115*
CCOAlcontol7i,...1914
Consol
114
t
85% 188
1914
7t
8 f
Gen oontol gold
6s.
.
Registered
93
1934
187
134
1
CASlstMCOCAI7t.ie01
O Ind A W lit pf St.. 1 038
Peo A Bait lit oon 41.1940
184
128* 137
Nov'00
101* Dec'00
'100*
i'o'i*
i'di*
.
107
133* 138
Nov'00
114* 115* 114*
117*
110* in*
117* 181*
U6* 110*
Sep.'OO
Sep.'OO
134*
115
1090
SprACol Dlv lstg 4t.l940
Val Dlv lit g 41.1940
C I St L A C oom 6s.. 1920
1936
lttg4i
Inoome4s...,,
i
Nov'00
100
168
107
00*
Registered
108*113
103
188
112
122
116
124*
106*
106*
108*
133
140
120
OinWAMDtvlttg4i.l991
St L Dlv lit col trg 4s. 1990
100* 103
100* 10514
00*
,20*
108*
118*
j
105
Cairo Div lit gold 41.1939
81* 85*
10P* 118*
100*103
104* 104*
184
120*
128*
110*115
Aug'00
137* Nov'00
180
93
105
115*121* CIStLAC. SeeCCOAStL.
117 117
CinSAC. SeeCCCAStL.
95* 104
Clearfield A Man. fleeBRAP.
93
96
C C C A St L—
100 103
1993
Geng4t
99*
114*
117* 120*
120
117
aS 118
120
184
184
.
107
179
112*115*
19 100
Dl Cent.
Ch St P A Mln lit 6s. .1918
Nor Wlsoonsln 1st 68..1930
1
Lor
A Wh
oon lit
Si.
93
Col
1947
1929
,
A Sou
lit g 4s
See Met St Ry.
Btt Bo Ry.
Val. See Hook Val.
0olA9thAv.
Solum
Col
03*
94
40*
1990
1933
94
40*
IS
42*
F-A
30
111
8ep.'00
34
106
111
180
Sale
110
Clev A Marietta. 8u Pa RR.
Clev A Mahon Val g St.. 1938
Registered
1938
Clev A Plttt. Btt Penn Oo.
Col Mldl'd— lttg 3-4i... 1047
lttg 4
•184
flee
50 168
Nov'00
Aug'00
Nov'00
Nov'00
132
182*
181*
'131*
130 Nov'00
109 109* 109* 109*
107* Nov'00
"97* "99' 96 May'00
88* Aug'00
98* May'99
110
118 Dec'00
ChioStLAPittt. See Pa Co.
Chio St P M A O oon 8s. .1930
106* 111*
117* 128
103
130H Nov'00
I20>fi
118*
Sale
....
'-39*
1905
Extension 4i
166*179
21
Oct.'00
Dec '00
120*
KeokADeiM lit St.. 1923
1923
Small
Chio A St L See Atch T A 8 Fe
113*117
113* Nov'00
104% Dec '00
111* 111*
111* J'ne'99
100* Oct.'00
•111*
98
88* 64
9* 18*
4* 8*
92
Deo'00
104* Apr'00
•100
98
101
J'ly'00
111*
110
117
. .
"l2
107
85*
111*
120%
HAD
Nov'00
34*
119
.....
112*
120*
DesMAFtDlit4l...l905
1905
1st 8*t
166* 179
J'ly '99
. .
101* Apr'99
82 100* 103
101* 102
104* 106*
104* Dec '00
03 Dec '00
92% 98
91% 222 91* 93
91*
Sale
Dec '00
Deo'00
137*
126*
100*
174*
118*
110*
120*
118*
.
120
134
122
115
....
1U%
178
U9*
St P A S City lit g 6s. 1919
Chic TerTrantf erg 4t..l947
Ch A West I lstsf g6i.. 1919
1932
General gold 6s
100
105
Chio AWettMloh Ry 5i.l921 ?:S
10 100
108*
1921
Coupons off.
Choo Okla A G gen g 5s. 191 3-3 d
com f 7t
1905 A-O
Cln
24 113 117*
2d gold 4*1
1937 J-J
115*110* Cln D A I fit gu g St. 1941 M-N
116
103
108
119* Dec 00
136
128
1917
1917
1988
1988
I.
172*178*
180* Nov'00
124
120*
ias^
116*
130
118* 117
117
J'ne'OO
......
J-D 106*
J-D I06%sale
F-A
Registered. ...1886-1926 F-A
1987 M-N
Gen Gold 3*1
1987 Q-N
Registered
Sinking fund 6i. 1879-1929 A-O
Registered ....1879-1929 A-O
Sinking fund 5I..1879-1929 A-O
Registered .... 1 879-1 929 A-O
25-year debenture St.. 1909 M-N
1909 M-N
Registered.....
30-year debenture 5s.. 1921 A-O 121
.'.1921 A-O
Registered
Sinking fund deb 6i. .1983 M-N 131
1933 M-N
Registered
••••
Dee Mo A Minn 1st 7s. 1907 F-A
1st 6s.. 1901 J-J
Hsoan A L Sup
Iowa Midland 1 it 8i. 1 9
A-O
1905 M-S 111
MilAMadlttet
North Illinois 1st 5s.. .1 910 M-8 111
OttC F A St P lit 5i.. 1909 M-S 111
Winona A St Pet 2d 7i 1 907 M-N 180
MULSAWlstg6s...l921 M-N 135*
BxtAImpifg5i...l929 F-A 126*
Mich Dlv lit gold 6s 1 924 J-J 139
Ashland Div 1st g 6s 1 925 M-8 140
Convertible deb 5i. .1907 F-A 108
Inoomei
..,.1911 M-N
Chio Rook Isl A PacRegistered
General gold 4i
Registered....,
179
179
114* 114*
105* Feb'08
1902
1902
Registered
1886-1926
Extension 4i....
es
178*
114*NovOO
Gold 7s
88* 08*
116
130
• • «
Aug'00
102* 103
117
91
117
105
45
J'ly'00
1C3* 104
94* Aug'00
179
Bale
12C*
ChloAN'west— Oon 7I..1915 Q-F
Mine*
Jan.
179
121
.
Range
n
May'00
138
189
78*
79* 79
84% Sale 83*
79
79
Sale
100
79*
71* 80
78* 89
79* 150
79
85
98
2
231
A Greeny.
AH
OolOonn A Term. SmNAW
Conn A Pat Rtvt ltt g 4s. '43
So. Sm O M
Dak A GtWaoo. SeeMA StP.
allai A
KAT.
and asked tali week. fBondt due Jmly. tDuoNor. IDue June. TDue Jan. IDueMay. aOptlontalea. SDua Aug. eDue April. ADme Oat.
Bid.
99
I
Oct.'00
103* 104
OUT8IDE SECURITIES
.rest Kallwait.
Bo Side Bl (Chio)— Stock.
87raeu1eRap.Tr., 5s, 1046
union Trac (Ohio) Com.
97* 204
116*
'117
110* 117* Dec '00
120* Sale 120* isofc
.
*
» • • «
105
Con ext
Debenture 5s
Nov'00
106* Dec '00
127* 127*
125* Dec '00
114*
. .
Am Dook A Imp Co 5t.l92l J-J
Le A Hud Rgen gn g 5s.'20 J-J
LehA
96*
10
15*
7
95
102
106
87* 92
Nov'00
06*
Sale
.
20
179
•
IS 10S
Sale.
172* Apr'00
178*
llf*
114*
,
.1
MononRlT lstgngSs.1919 F-A
OenOhioRlstcg4*sl03O M-S
Beech Creek. See N Y C A H
OR la FAN.
178
178
178
.
W
105
88*
"90" '89*
"s'9*
84* 84*
-"it
Aik. Low. High. No, Low. High
Bid.
Chic Mil A St P oon 71.1005 J-J
1014 J-J
Terminal gold 5s
Gen gold 4s series A... 1989 J-JJ
1989 Q-JJ
Registered
Gen gold 3*s series B. 1 089 J-JJ
1980 J-Jl
Registered
Chic A L Su Dlv g 5i. .1921 J-J
Chio A Mo Rlv Dlv 5s 1 926
J
1910
Chic A Pac Dlv 6s
-J
1st g 5s. .1921
Chio A P
J
1916
DakAGtSogSs
J
Far A8ouassug6s....l924
-J
1st HastAD Dlv 7i... 1910
J
1910
5s
-J
1008 J-J
lltIADBxten7s
1 st La Crosse A D 5s.. 1019 J-J
Mineral Point Dlv5l..l910 J-J
1st So Minn Dlv 6s.... 1910 J -J
1st Southwest Div 6I..1909 J-J
Wis A Minn Dlv g 5I..1021 J-J
Mil A No lit M L 6s... 1910 J-D
1913 J-D
1st consol 6s
07
108
Week
Range or
L
Dec. 14.
lst7B* gold RD.... 1902 J -J
1003 J -J
lstCAM7s
& W. See B R. & P.
AmDookAI. See Cen of N J.
1095
Ann Arbor lstg 4»
AtohTA8Fegeng4s..l0O5
1209
1.
Price
Friday,
J!
Alleg.
Registered
Page
(5 pages)
BONDS.
©
N. Y. STOCK EXCHANGE
Jan. 1.
Wbbk Ending Dec. 1 4. it
Low. High
Chic Milwaukee A St Paul—
M A St P— 1st 7s 9 g R D.'02 J -J
Range or
Dec. 14.
Dec. 14.
PKIOES
Range
Price
Friday,
SeeSoRy.
Alabama Cent.
9
1
95
18
Ask.
100
99
16*
58*
ei
Preferred.
a<* 21
United Rys (St L Transit)
69
6094
Preferred
JAJ « 85* 86*
Gen 4t 1034
1U*
TrABleo(Prov)-8t'k 110
On'd
/100* 101
Wast Chicago ot..
MAN 101 108*
Cong 5t'i936
81* 32*
Woroeiter (Mass)Tr-C>m
Preferred
100
(Given at foot op 7 consecutive pages).— GAS SECURITIES,
Gai
Securities.
Bid.
Ask.
N
1st 5s
NBW
YORK.
Cent Union Gas— 1st 5s
Con Gas (NY)— Stock—
Bqult GasCon. 5s
1932—See Stock
Mutual Gat.
N.
Amsterdam Gas-
lit consol 5s
NY Bleo Lt Ht A Pow— N.
Gold 5s— See N. Y. Stk.
Gat Securities.
Y A Bait River Gas—
JAJ
JAJ
1944
Consol Si 1945
{107
Y
108
Btk Bxoh
Ex.11
St.
895
310
Nor Dn ltt St 1 927 MAN
Standard Gat— Common
Preferred
lit St 1930.
MAN
OTHER CITIES.
Baltimore Consolidate Be
. .
Bid.
ins*
Ask.
Gat
Bid. Ask
Securities.
Gas— See N Y Sto ck Bx oh.
Cincinnati Gas A Coke... 195* 106
40
7ol Gat L A Heat—Com..
45
Chicago
114
108* 111
108
130
150
1115
<&c.
104
138
153
118
eBalt. Lir
Preferred..,.
lit Si 1933
78
JAJ
Ontolld Gat(NJ)— Stok
lit St 1936
JAJ
Consol Gas (Plttt).... 50
77
H04*
10
60
61*
83
51*
Bondt 5i
108* Bay State Gas—
US US*
1* 1*
fousum Gat (J City)— Stk 108
Y.Stk. Bxoh Botton UnitedGas Bonds Bosto nLls
106
7
1st 6s...
9
Exch. Lilt. Buffalo City Gas— Stook.
MAN 5104 106
1st its Bonds
67
69
i
?And Interest tPrice per sh are.
«108
.
Pref
60 t
THE CHRONICLE.—BOND
1210
Price
Friday,
Week'$
since
Dec. 14.
W.Y.STOCK EXCHANGE Si
Last Sale.
Week Ehding Dec.
Del Lack
14.
MorrisABssexlst7s.l9l4 M-N
A-O
1
1871 -,
7s
A'
?,?*
1916
1915
lstoon guar 7s
Registered
Jan.
•n>*«
A Western 7s..l907 M-8
J-D
J-D
Ask. Low. High.
18.* Nov'00
137 Dec '00
102* Nov'00
Bid.
•103
140
140
140
M-8
A-0 116*118
A-O
A-0
A-O
m-n
M-N
M-N
Den A BQr 1st gold 7s. .1900
1936 J -J
lstoong 4e
1936
Improvement gold 5s. 1928
RloGSoga. See Rio Gr So.
Des M A Ft D. SitCBftlP.
Des MA Minn. SesChANW.
Des M UnRy 1st g 5s. ..1917
lstoong4*s
.1
101* Sale
136
138
Oct-'OO
Oci»'9b
J-D 105
lstextg4s
2dextgold 5s
3dextgold 4*s
NY8s W—
2d80ld4*s...
1937
1940
General g 5s
Terminal lstg 6s.. ..1948
Regis 95,000 eaoh.1943
WIlkABaslstgu g5sl942
Brie A Pitts. 8te Pa Co.
Bull
1933
1st 6s
CoBr'oh l*tg5s..l9S0
BvAIndlstoongug 6s. .1936
Fargo A Bo. Am Oh MA St P..
Flint A Pere
M
g 6s . ..1 920
1st oonsol gold Ss. . . .1989
Pt Huron DIt 1st gSs.1939
ria Cen A Pen 1st g 5s. .1918
1st land gr ext gold 5sl930
1943
Oonsol gold 5s.
rt 8 A V B Bge. Btt BtLABF.
fort St D D Co lstg 4**194
1st g 4-6s 1921
It
AD
It
A RioGr lstg 8-4S.1928
Liar ASA.
Co.
Gal
al
01 '83 1st Bs.1913
9a A Ala Ry 1st pf g 5S.1945
1945
1st oonsol g 5s
9a Oar A No 1st gn g Ss.1929
Gteorgla Pacific. See So Ry.
Nor. See So Pao Co.
911a
Gout A osw. See N Y Cent.
Rap A Ind. Btt Pa Co.
Srand
Bray's Pt Term See St L
.
I
W
O—
W
S«8P
HAH
98* Nov 00
Nov'00
• • • •
• • • *
82*
Sale
76M
96*
140
......
6t
124
Sale
107*
38
"4
118
Sep.'OO
115*120
104
1st oon g 4*s.l999
1999
Registered
Col
V 1st ext g 4s. 194a
Houst B A
T. See So Pao..
Sous A Tex Gen. Bet Bo P Oo.
AH
W
Illinois Centralist gold 4s
180
108
102* 110
13
105
Sep.'OO
100
108
Dec '00
ISO
108
185
108*
lOf
100
110
100
•••••a
107
Sep.'OO
•••••
• • • »
•••*•*
• • • •
•
••
a
102
106
J-JH
J-J 104*
J-J
A-O ibe"
Bale
'.'.'.'.'.
•»••
••••>
Deo 98
104*
lOi*
27
108 "
105* NoV'OO
1
•108*
•-
,...1930
Panaaeola dlv gold 6a. 1980
1931
BtLdivlstgOa.
Sdg8s
104*
102* 98
06* 110*
138
92
57
19* 183
2
B
115*
7
141
94
68
11
6F*
67*
63* Oct'00
•••••
61
124
17
H7*
16*184
119*
Aog'98
111
111
HI
I
08*11**IIS*
110
Nov'00
111
-J 111
-J •110
A-O 113*
111
.....
93
*•!•*
in'fl*lYl"
111
1
111
18
10
113 J'ly '00
109^ Oot.'99
103* Nov'99
•••••• •••••
93 .....
• 6««* • setti
76
68* 63*
Nov'00
J
HI*
>
*•••»»
91* 96*
Sep.'OO
101* Bep.'99
J-D
M-S
J-D
M-8
J-D
103
103
182* Deo'00
96
104* 103*
103*
97
97*
M-b
M-S
A-O
M-8
y-o no*
110
107
105
109
.....
Ang'00
May'00
Nov'00
117
1
Dec'OO
100
85
10SJI
106
84
HO
119*
J-D
103
97* 106
Oct '00
"97*;;;;;;
95
117
108
108
108
117
......
M-N HI
J-J 101* Sale
J-J
M-N 109
A-0 99 99*
M-S 105 107
T-D 112*
112*
199
116
113
193
63
97
111
109
J -J
...1980
138*
180
'03" Dec'OO
100
Ask.
87
45
60
105
106
61
40
108
CO
70
98
anlpAeollg
118* 113*
••»
•••••
•••••
• *
100
105
•
••
*•«••
Jan.'9'ri
10* Nov'00
100* 101*
989
105" 105"
100
HO*
ue
lss
107*HS*
1
96fi 101*,
14
109*
99* Dec'OO
108* 111*
108* Nov'00
103* *?**
109*
96* 100
;
1
HI*
Nov'00
Jan 'hn
Nov'00
115
108
130
117
115
137
117
115
188
Oct-'OO
Dec'OO
1S6*
,
Sep.'OO
Oct-'OO
«v*
99*
[
116
•••••• ......
130
117
115
187
HI*
Nov'00
63* 68*
95*
107* iSS*
111*
109
110* 113*
109
•••••(
* • •••
Oct-'OO
107
63*
111
111
111* Dec'OO
i
•
••••
;
96*
111
Oot-'99
• t • 1
100
103*
98
••••
• • •
••
(ins Weenrltlea.
Kansas City Gas
100
AAO
5s 1933
Bid
20
1
93
Laolede Gas— N Y Stock Bxoh.
Lafayette (Ind) Gas..
40
1st 6s 1924
MAN 45
Loganspt A Wab Val—
1st 6s 1935
JAD 45
Madison (Wis) Gas— Btok
65
AAO {107
1st 6s 1936
Newark Gas 6s 1914
1140
Newark Conaol Gas ..100
56
5s 1948
JAD nee
New Kng Gas A C—See Bo StonL
7
Ask.
80
lLO
46
55
56
75
108
141
68
106
1st.
105
19
99
105*
118
119
118
8'* Nov'00
8S* f66
26*
14
201
18*
70
88
118
81
...,
28
J'lyl
J'lyl •
13* "13*
A-O
2d series g 5s .,,,,,1919 A-O
84*
84*
4*x Internat 1st oon g 4s.'77 M-8
1937 J-D
103* Apr'Oi,
-ex Nat 1st gold 6s
Apr'00
A Cp stmpd .1917 M-8» *••*••
81
Sd lno 6s
Sd lnoome gold 6s B..1917 An.l
•_• • •
•••• 18* J'ly '00
106 May'00
Jex North 1st gold 6s.. 1910 J-D 102 • • • •
1910 J-D
Registered
83* 38*
103*
14
103
81
• • •
81
17
19
•
105
108*
NY
Cent
tflohCent. See
4ld of N J. See Brie.
See Ohio A N
tt L B A W.
W
A Mad. SeeOhloANW
Mil A North. See Oh MA St P
* n A Bt P.
See Oh M A 8t P
el]
tSend dae AmgusU
(Given at foot of
104*
••••••
1
104*
•
:*)'.
Ss
Sale
J-D
•
101
98
• • • •
W Oolonls g 5a.
lstoon lnoome g 3s... 1939
Sd eon lnoome g 8s.... 1939
104*106*
1
•
B
deK'ptABV. SesPMoKAT
metropolitan BL See Man Ry.
MexCenteon gold 4a... 1911 J-J
116
*
104
Jan-'GO
Man
108*
6
103* 108* 101* Oct.'OO
188" May'99
h. list.
Bssez A Hudson Gas
85
fort Wayne (Ind)...
88
1st 6s 1925
JA.T
60
•rand Rapids— Btook
100
1st 5s 1915
FAA 1104
Hartford (Ct) Gas L... 85 t 49
Hudson Co Gas
35
6sg 1949
108
Indiana Nat A 111 Gas—
lat 6s 1908
MAN 45
Indianapolis Gas— Btook
60
1st 6s 1980
MAN ad
114
18
••
02* Apr. 'yt-
are latest bla and asked this week.
Bid.
,
3*lfl
88
54
115
Sale
i
M-S
M-8
M-8
Kantnoky Cent g ia ... 1 987 J-J
100 104*
LANAMAMlstg i*s.l945 M-8
NFIaA81stgug5s ..1937 F-A
89
96*
Pens A Atl 1st gn g 6s. 193! F-A 110*
99* 99*
BANAoongng5s....l938 F-A 109
BlSkfd(8ANA)g6s..l910 A-0
LA Jeff Bge Oo gug4s.l94S M-S
L
A A C. Sss O I A L.
Malion OoaL Btt LB AM 8.
annattan Ry oon 4s. 1990 A-0 104*
1990 A-O
Registered
MetropolBl lstg6a..-1908 J-J
98 105
1934
Nov'00
••••I ••••.. ••»•••
•••••
Ang'00
•••••a •••••• 108
••••• •••••• l04*Jan.'9u
OUT8IDE SECURITIES
NTHn
109* 108*
104
BH A Nash lstg 6a.. .1919
LClnALexg4*a...l931 M-N
NO AM lstg *r .,.,1930 J -J
79*
88*
70
55
87
41
115* ...... ne
lie
-J 115 •••••i 113*Mar'O0
-J 106* Sale 106* 106*
NO
Htcurlilei.
102* Nov'00
103* Ang'00
il
Registered .......... 1951 J-J
1st gold 3s sterling.... 1951 M-8
Registered.. ...... ...1951 M-B
Coll Trust gold 4s
1952 A-0
1962 A-0
Registered
L
A Tex gold is.. 1953 M-N
Registered
1953 M-N
Cairo Bridge gold is.. 1950 J-D
Registered
1950 J-D
LoulsTtlle DIt g 3*s .195 I J-J
Registered
1953 J-J
1921 F- A
Middle DIt reg 5s
<!>»»
Col tr 5-80 g is ....1903-18
Oecel Br 7a
.1907
...... ..Me
...... ... ».
98* Nov'00
99* Jan.'00
J-J
A Nash vtlle—
SdgoldB
Mar '98
77*
79*
67*
68*
78* 79
87* 69
101
105* 103*
8* Dec'00
M-N
M-N
.1945
General gold 6s,.,,... 1930
Cold 6a..
1937
......19i0
Unified g 4a
Registered
1940
.''oil trust g 5s
1931
105
J-D
J-J
A-0
A-O
Registered....... ...1951 J
1951 J
lit gold S*a
Detroit Ui»s— See
125*
Louisville
•••••• •at»«
J -J
00* Nov'00
188
106
......
108
111*113
lat gn g 4a. ..1945
NYARB
Nov'97
Dec'00
1951 J -J
•No price Friday these
109
106* Nov'00
••
ANY
Gold is.......
1982
Unified g i
1949
Debenture gold 8a.. ...1934
Bklyn A Mon lat g 8a. 191
1st 5a
1911
N Y B A M B oon g 5a.. 1935
lstg 6s.. ..1927
Nor Shb lstoon ggu5s..'82
La A Mo Rlv. fits Chi A Alt.
102
108* 118
SW
Hook Val
99*
98
90
107
100
•••••
VTerRy
gng4*§.. 1940
1940
Istgng6sl94l
General gold is.. .....1988
Ferry 1st gold 4*s.... 1922
107* 111
237
186
J -J
J -J
128
100
•••. •<••»!
Long Dook. 8tt Brie,
Long Island—
lstoong 5a..
1931 Q-JI 182
lstoong is. .......... 1981 Q-JI 103*
118
uou'98
•»•••• •••«••
«»*»•• •••••
184
107
107
NY Cent.
Registered
•
A-O
M-N
A-0
J-J
M
its"fiH
Sep.'OO
119* 119
M-8
M-8
BlCANlstglstpf6a.l914 A-0
Gold guar 5s.,.,.,,. .1914 A O
Leh A Hud R. SeeCeno/NJ..
114 183
104* 104* Leh A Wilkesb. Btt dent NJ.
(36* 139* Leroy A Oaney Val. See Mo P.
Lex At A P F. Btt Met Bt Ry.
Leh
Feb '99
133
104*Oct.'00
139* 137* 138
110
rcr
'C5* Sep.'OO
.
3769
116*
118
109
1st
Registered
Leh
108
•
119*
-
Deo'00
•
188
97" "ee*
Registered
..1941 A-O
L V Coal Co 1st gn g 6a. 1983 J-J
67" "83*
Registered
1933 J -J
1451
9314 May'Kw
8S*
LehVNY
184*142'
Deo '98
See
8.
(Pa) coil g 6s.. 1997
Registered 5s
1997
133* 183*
Nov'00
W
lttgSs.1937 J -J
2d gold 5s... ........1941 INorth Ohio 1st gn 5s.. 1945 A-O
19*119* Lb AM
113*116* Leh Val
123* Mar 00
106* Apr'99
91*
124
108
•
114*
«a
* 1 •
HI
22
68
• • • • •
A Des M. See O R I A P.
A Ohio. Bee So Ry.
KnoxTllle
116*118
VGA
HanABtJ. Se.OBAQ
ousatonlc. Bt* NYNHAH.
116
Lake.KrleA
117* J'ly '00
119* Jaru'OO
Bale
•108
•187
99* 106
100 "ioo"
127
115J4
A-O
Registered
1950
Kansas Mid. SssStLASE
6 entuoky Cent. Btt L A N.
107*118
96
117
•••a ••»•«•,
!
• • •
110
139
143
137*
Bet Brie.
98*
eo
•
•
J-D
W
Low. HMfk
''
116
106
140
I.
K»lA4aB, SssLSAMB.
Keok
.....
Jan.
Ask Low. High.
M-N 122* 126* 83
M-8 92 Bale 91*
57
69
M-8 06
1919
...,,.,1909
.....1921
RR.
sine*
Last Bale.
J-J
J-J
103
J-J 103*103* 103
01*Oot.'fl9
J-J •••••• ••••
•••••* •••••' 100
Nov'00
J -J
J-J
U4* 114*
F-A 114
F-A
122
31 Ang'00
J-D
90
Nov'9H
M-8 98
«^an A Mloh. Btt Tol A O C.
76*
37 107 110* 5 C A MRAB lstgug5«.1939 A-O
Kan C A Pad. Btt M K A
»C ••••••
Kan C Bo lstg 3s
195r A-O
109*Deo'00
U5*
no*
ai
1(
Range
Week's
Mange or
.
3d gold is
lowa Central lstgoldSs.1938
Iowa Midland. Sit Ch A N
90
92*Feb.'99
115 Nov'00
121
lstg 4s
W
^f»
Hf
g
98*
85
10
•
M-N SCI** •••••
A-0
119 117 Dec '00
J -J HO* .... 111
Hi
F-A
99* J'ne'00
F-A 103 Sale 99
103
M-N 111
118 Apr'00
M-N
J-D '104*
106* NoV'OO
A-0
A-0
J-J
AB
1? ? 5s.
Sd gold l
108* 109*
88
120*
F-A
J-J
t AT
general gold 5s....l942 A-0
Mt Vernon
101*106*
88
110*
118
Bsoan A L Sup. SuCiNW.
Boreka Springs 1st g 6s. 1938
1981
Hist oon 6s
1st
101*
Deo '00
105*
,
11
ami
•116*
AGreenLgug.5s.1946 M-N 108
1946
101*
83
W
1st ref 5S.1937
Oct.*00
110
teats
.
Small
108
86* 89
•
Brie
Mid RRofNJ lstg 6s.. 1910
148*
Aug '00
Deo •oo
J'ly '00
11 I'M Bale
BlULezABB. SesOAO.
Blm Oort A No. See Leh ANY.
NY
Dec 00
147
Garb
LXaI
90* 91* 91* Nov'00
1932
OhloStLAN Og 5s.. 1951 J-D 12"
141
141
g^t*™*
117*181
1951 J-D
So'" 3*
1951 J-D 100
Registered
'11*115
1951 J -D
Mem DiTlstg4s... .1951 J-D 106
112*113*
147
148*
^glstered
1951 l-D
_. T
BtLBonlstgugis...l931 M-8 103
148* 148*
Ind Deo A
1st g 0s. ..1935 J -J 104
a *« 3 »
103*104*
1935 J-J 100
Ia Ut ref * 5s. .1948 A-O '108
96* 10'* } n ?
Int A Great Nor—
106 109
J'ne '99
113*
137*
123
Jefferson
W
. .
12*
Gold 8*s
Registered
Spring DIt lstg 3*s. 1951
Registered
1951
Western Line lstg 4s.l95l
Registered
1951
Seller A Oar 1st 6s. .. . 1923
146*148
Oct. 00
113
1951
1951
lysi
1951
3s.
Registered,..,
141*
[Vol.
2.
Dec. 14
Bid.
Cen. (Con)—
StLonlsDlvg
.
Price
Friday,
Dec. 14.
m
148
103* 106
118* 133
108* May '00
1916 J -J
Sd 6s
Dnl Red
A B 1st g 5s. 1928 J -J
At g 5s. 1937 J -J •115
Dnl So Shore A
East of Minn. SssStPMAM.
astTVaAGa. Sss.SoRy.
Blgln JolAB 1st g 5s... 1941 M-N 110
1947 M-N
1919 M-S
1933 M-8
gold os. ...... .1920 A-O
4th ext
1938 J-D
5thextgold 4
1930 M-8
1st oonsol gold 7s
1st oonsol gold t& 7s. .1930 M-S
Brie lstoon g 4s pr bds.1996 J-J
1996 J -J
Registered
1st oon genllen g is. ..1996 J -J
1996 J-J
Registered
Buff N Y A Brie 1st 7s.l916 J-D
gold 6s. ...1908 J-J
Buff A S
Small
1908 J-J
Chic A Brie 1st g 5s. 1982 M-N
Jeff RR 1st gn gold 5s.l909 A-OJ
Long Dook oon gold 6s. 1 936 A-O
Coal A RR 1st o gn 6s. 1922 M-N
Dock A Imp 1st cur6s.l913 J-J
133
119
10
Pag.
(5 pages)
EXCHANGE
Week Ending
102*107*
116* Dec 00
109
...„ 105
-.1
M-N
DetMATol. SeeLSAMSo.
Det A Mack lstlleug 4s.l995 J-D
1995 J-D
Gold 4
Dnl A Iron Range 1st 5s. 1937 A-O
1937 A-O
Registered
141
1.
182*124*
• ••*>
• s
BOND8.
N.T. STOCK
Low. High
No
NYLaokAWlst6B..1931 J -J 13fl* 138* 187* 187*
1-2
Deo 00
Construction 5s.. ...1933 F-A 122
103* Oct. 00
Term * impt 41.... 1923 in-N 108
IIS* Nov 00
ByTBlngANYlst7s.l906 A-O
1900 A-O
108 Aug '»8
Warren 3d 7s
146* May 00
Del * H— IstPa Dlv7s.l917 M-8
1917
Registered....
Alb A S.«lstoongu7sl906
1906
Registered
1906
Guar gold 6s
1906
Registered
1931
Bens A Bar lit 7s
1931
Registered
Del RIt RR Bge. Bee Pa RR.
PRICES
Range
Range or
BOND8.
J
1
«
1
sDueAprU,
I
Due January.
1
Due
Ootobei'.
consecutive pagbs).--^^^, TEL.
Gai 8eeu rltles.
Bid.
Ask.
A III
33
88
60
OhtoAInd— 1st 6s '36 J AH 43
Peoples Gas A Coke— N Y Stock Bxoh
Philadelphia Co— See Bos ton L 1st.
Providence Gas.
60 t 95*
40
80
8tJoseph (Mo)
96
5s 1937
JAJ f 98
50
45
S: Paul Gas— Btook
89
Oonsol 5s 1944 ....MAS * 78
10
8
4yraouse Gas— 8 took....
89
86
JAJ
1st 5*1946
Ohio A Ind Con Nat
Western Gas (MUw)
f s-See N Y Bt Bx
97*
list.
101
Teles.
I'*l«u.
IDoeJaly.
a
JalUa
A 1ELEPH.,
A Teleph.
A S'aieph.
Bid
<fe
Ask.
American Dlst Tele— NY gtook
190
110
Bell Teleph. of Buffalo..
4
Central A South Amer.. .. 100
70
68
Goes A Poto Teleph— Stk
108
......
JAJ
0s 1909-89
17
176
C rtnmeroial Cable
Cimmer Union Tel (NY). 118 1S5
76
• • St'
B iplre A Bay State Tel
Brie Teleg A Telep— See B tekBx List
56
47
Franklin
j And interest. tPrloo per en are
'
.
.
Dec.
8
.
.
.
.
and refund.
4i.
•
,
. .
.1949
M-8
Price
Friday,
Week'*
since
Dec. 14.
Last Sale.
Jan.
Ask. Low. High
140 May'00
180*
182* May'00
186*...
183
Deo 00
Bid.
141
18°K
117*
Sale
07
184* Nov'
117* 117 Si
07
07*
08
1
MlnAStLgu. 8MBOR4N
9t A P lit 5i it 4i int gn..'36 J -J 103
•••••
SSMAA lit g 4i lnt rq. '26 J-J 103
Mill
••••»
tet mil
••••
M 9t "A88M oong 4i lnt ru'88 J-J
Minn tin. Btt St P M A M.
94%
Mo KanATex— lstg4s.l09O J-D 94% Bale 03*
1990 F-AII
749< dale
8d gold4i
74%
71*
1944 M-N
94% dale
95
Si
94
lit exten gold
100% Nov'99
Boonev Bdk Oo gu g 7i. .'06 M-N
90
Sep.'OO
Dal* Wa litgngSi.1940 M-N 94
M E A T of T lstgu g 5|. '42 M-8 05 95% 95
96*
9P%
9896 97*
Bher ShASou stgu g 5s.'43 J-D
84
86
Pao 1st g4o.... 1990 F-A
85
86*
KC A
Tebo A Neoiho lit 71.1903 J-D
107 Dec '00
Mo E AB lstgu g Si. ..1942 A-0 105
1900 M-N 115 Sale 114*
1.5
Mo Pao— d7l
1920 M-N 110
litoong 6i
119
110*
i
12
Low.
143*
122*
122*
134*
111*
I •
1 1 1 •
•
274
1917 M-8+
90* Sale
1917 M-8+
1920 F-A 'Ve* Bale
lit ooll gc'.a 5s
1920 F-A
Re filtered
litgSi'26 J-J
LeroyAOV AL
Pao R of Mo lit ex g 4i '38 F-A 107* sale
Sd extended ROld 5s 1938 J-J US*
Bt Loull A Iron Mount—
Genconry Aldgrtg5i'3i A-O 113* Bale
Mllll
••••
iiiicl
23
12
80
A-O
1929 J-J
192m J-J
Registered
Verd V 1 A W litg5i..'26 MLMill HIT Edge. SllOhloAAlt
00*
84*
Mob ABirm
prlorlleng5i.'45
1945
Mortgage gold 4|
i -
99*
"si
J'ne'00
107*
112*
118*
82%
s..:e
13
113* 36
112*
84* 313
1
110%
Mob Jack A E C lit g 5e.l046 J D ••••••
A Ohio new gold 6i. .'27 j-D 127
8<%
109
.
lit 7s. '13
99%
02
94
105% 107*
K0
113
84*
76
110*110*
J'ly '00
• • • »
136" ISO*
120* 126
186% Dec'00
120* J'ly '00
8B*
8«%
Sale
110
10
8
109
109
06 ig Dec'00
130* Dec'00
100* J'ly'00
109
100%
113 Deo '99
•••••I
• • t •
126
17
100* 100
104* 101 s
•••••• lllll
«•!••• • «
!•••••
»
v
F-A
NYAPutlstoongug4s.'03 A-O
1st gn g Si. '16 A-0
Nor A Mont
West Shore
Sep. '97
103
Nov'OO
101% 108%
101
ioi" 108%
Dec'00
102*
J'ly '00
96*
96*
Sale
08
683
1034
Id guar 6s
MoEeeAB V lot g 6s. '13
Mloh Cent— 1st oon 7sl0Oa
1002
1009
1931
1931
1st oon 5s
es
6s
Registered
4s
Registered
J-J
J-J
J-J
J-J
M-N
M-N
M-8
M-S
Q-M
.1940 J -J
1040 J -J
gu g 3s '89
A Harlem g 8*s 2000
3000
Registered
N Y A North lstg 6s.. 1027
1st
.
J-D
M-N
M-N
A-O
13
04
10
06*
96*
96*
96* 96
96* 86*
10b* Ang'00
106
108
J'ly '98
Of
IHtll
* *
• * •
•••see iiiiii
104%
106% 107*
107* J'ly'00
108 Feb '00
115
Sale
112*
109*
114*
103
U8*
us*
50 110
114*
109%
HI
2
Bondi
v
Hidion River Telephone
Intimation Ocean...,,..,
M ixloan Te) egraph
Bid
1,6
90
116
116
ia
127
106*
Nov'OO
Ang'00
108
131
136
i
Oct.'00
106
181
» • • •
115% May'00
120
• 1
1
••
Oot.'00
181
. . .
•
•it
••••
Bosto nlist.
ton lis t.
183
120
166 170
Northwestern Telegraph
Telephone.
Ss 1930
MAN 11*.* 112*
77
FaelfloA Atlantic
83
Providence Telephone
06*
Southern A Atlantic
00 108
.
.
•
ioV
••••;
•!••
05
65
Istsf g 4%s....l017
1010
4*s. 1021
1021
Gtd3*sooltrustreg.l937
C BtLAP lstoong Ss.1932
Registered
1932
CJev A Pitts oons 1 7s. 1900
•
J-D 108%
A-O 104
M-N
J
Dm Jan.
*
P COA
St
L ooa g u g 4*s-
Bid Aik.
Telex, db Teleih.
A Cable— Set Phtla list.
West'n Onion Teleg—N Y Block HXOQ
Electr'e Comvantea.
170
165
Allegheny Co Light Co..
Brush Kleotrio Co
18
t
Bdison El 111 Co NY— N Y Stock Ex oh
Edison El 111 Co Brk— N Y Stook Bxoh
11
8
BdlioD Ore Milling Co....
Electro- Pneumatic Trans
8% S
30
80
Fort Wayne Eleo.Oo es...
25
16
Beriei A
,
101%
10
1
3
110
139
130
129
114%
186
188
139%
0"* 100
07% 97%
3:
107
06
107
10S
105* 177 103% 105*
105Q
101
70
70% 461 68% 78*
5
65* 70g
70%
70%
131* 188*
31% Nov'
104%
J.
133
126
118
101
8ep.'00
J'ly '99
•••III
Nov'OO
Dec'OC
134
109
*••*•
185
118
97* 101
Dec '00
88% May'00
88% 88%
U7* U7*
LIS
180
110
J'ly'00
74
Apr '00
109
00
60
110
111
Deo '00
104*118
105
OcVOO
108
1940
A-O
A-0
85*
109
oct.'oo
111*117*
111*116
Nov'08
Deo'00
181
117
121
134
109%
117% 181
103
103* Mar'00
Oct/00
••III! ••Ill'
iba" Nov'b'b
101* 102
116* Nov'OO
.16* Dec'00
114 117%
113% 117*
113
100
••••I* •!••••
•!••!• ••!••
106* 100
100 101%
135 180*
135* 137%
131
131 J'ly '00
108 May'97
Mill
•••III
lllll
184
••••I •••4s
••••I •••••;
•••III
• ••••I HIM)
•••••I •••«*-
108
100
108
•
113%
118%
117
118* 118*
112% Mar'00
•••-•• •••••-
116
Nov'08
Apr'00
100* Dec'00
137% Dec'00
187% Nov'OO
•••••a •••«••
DRRRABgelstgu4sg.'36 F-A
AUegh Valgengug4s.l042 M-8
Bun A Lewis lstg 4s. 1036 J-J
Ti
103
134
117
ue*
Concurrency 6sreg...l005 O-MIl
Cong 5s
1019 M-8
Registered
1910
Cong 4s
1043 M.-N
arRAI exist gug4*s.l94i J -J
01 A Mar 1st gn g 4*s. 1035 M-N
10
05
ue
116*117
-J
'116
Series Bgnar
1042
Series Oguar
1042 M-N
Series D 4s guar
1045 M-N 108* 109*
Series E guar 3*s ..1040 F-A
•
>••••
Pitts FtWA01st7i. 1012 J -J 137
»d 7s
1012 J -J 135 .....
3d 7s
1012 A-O* 181
ParmRR 1st real es g 4i.l02.s M-N
Consterllngg 6s
1905 J-J • mil ••«••
117
Nov'07
• • 1
117
83
8dg 6strreolstud....l026 M-N
A Bast. St* O O A St L
•••o A Pek On lstg 8s.. .1031 Q-F •131
May'00
Jan/00
92
22
130
101
137
Aug'00
OcU'OO
Nov'97
130
08
180%
."•o
.
M-N
J-D
138
08*
D
.
BloGr West lstg 4s.... 1939
I
Dai Jane.
Electric
101
107% Oot'OS
181
Nov'08
00
J'ne'99
.
lading Oo gen g 4s. .1007
*> Registered
1007
Kinsselaer A Bar. St* D A H.
fttsh A Dan. Btt Booth Ry.
Due July.
Teleg Telep
V
106
J-J
M-8
A-O
A-O
M-N
Gengug4*sser'sA.l942 J-J •124
Series B.
1942 A-O •132*
Series C 3*s
1948 M-N 104*
Brie A Pitt gag S*t B.1940 J-J
8ertejtO
1940
NA CBdgegengug 4*s.'45 J-J
J-J
....
....
J -J 'OS"
J-J
J-J 100*
I
Dm May.
89
1
Companies.
Bid.
Ask.
88%
a6
loO*
93*
1
1800
Nov'OO
100*
38
Sep.'OO
a Than
09% 101
00* 101%
13*
87% 88
88
94% 190%
85
88%
an optioa sain.
BLBC, FERRY Jo
Ferry Co
—
Oct.'00,
100
98
Dm Nor
JaiL'OO
01*
Bale"
sale
113*116%
116* J'ly'00
88
Utah Cent 1st gu g 4i.l917 A-Ot
110
II
110
05
75
(Given at foot of 7 consecutive pages). - -TEL.,
Consol Biectrio Storage.
Bddy Electric Mir Co.. 25
101%
lstoonsolgold 5s
1943 J-J
87%
MtUAWest lstg 4s... 1917 J-J 100* 100% 100*
J P M A Co oertfs
100* 100% 100*
115% 115% 'itts Y A Ashlstoon 6sl927. M-N
••III* IS ••••
••••IS • • • a |
I
114
108
Nov'OO
101%
106
106
131
188*
125% 189*
<••••
114
••in •••••
M-N 110% Sale 110% 110%
183
M-N 130 183 133
A-O 129 131* 131* 181*
29 Oct.*00
F-A 181 134
SHU
A-O 00 Bale 99
A-O
97% J'ly '00
A-O
A-0
J-J
•
J'ly'00
YC
(>re A Cal. Btt Bo Pao Oo.
Ore Ry A Nav 8ee On Pao
Ore RR A Nav See Un Pao
Ore Short Line See Un Pao
»dg4*s
Feb., 1031
"Ine Creek reg guar 6s 1032
,
IT4NJ
M-Si]
185% 195
185 180%
183
186*
195
i'u" Jan.v00
108* 106*
108
t
Oot.'97
106
ioe% 108* 106*
101* Nov'08
M-8
IttsOlnAStL. Em Pens Oo,
130
" O O A 8t L. Ess Penn Oo.
mtiClevATollstg6s..l922 A-O
flttsFtWACh. Bt* PennOo.
104* 109% ntts Jnno lstg 6s
1023 J-J
101% 104% •ttti A L Brie— 3d g Si 1 938 A-Ot 113
Pitts McEeesAY. See N YCen
110* 181
138
126
lttsP AF 1st g6s
00
1916 J-J
127* 187* lttsBh A L B 1st g 5|.. 1940 A-O 118
106
Jan. '00
• • •
,
Midoan Telephone— Bt*
Niw Bng Telap.— See Bos
1937
1001
5s.. .,,,..
.
• • • %
27* Nov'OO
106* Nov'OO
180
118
•
104*
180
113
AN
ISO
105* Dec '00
105
Ask.
lib
111%
119
Nov'OO
180
OUTSIDE SECURITIES
\
•
Northern Paoiao—
Prior lien r A 1 g a 4s. .1997 Q-J 105* Bale
Registered
1097 Q.J
General Hen g 3s
8047 Q-Ft
70* Sale
Registered
8047 y-Ft
P gen g 6s... 1023 F-A
8tP
Registered otf s
1 928 O- F
8t i-aulADul 1st 5s... 1631 F-A
2d 5s
1017 A-O
lit oog 4s
1968 J-D
Wash Cent 1st g 4s. .1048 y-M
NorPaoTerOo lstg 6s. 1933 J-J •till •« • ••
.
1
Tel*»h.
190i'.
III
...".,
110%....
UNJRRAOangen4s.l044 M-8
106% 118* ensaoolaAAt. Sis LA Nash
111* 114% Peoria Deo A Evansv—
•••••
143
134
101
110
115*
114*
110*110*
.
oV
Stool
102
100
i0*%
118% Nov'OO
100* 09% 109%
110% Mar'Oo
108* Deo '97
ue Dec'00
•
A
110*
J'ne'98
R W AOgoon lstext5s.'22 A-O* 186 187 126% Dec'00
OsweAR2d gug5s..l915 F-Ai 118
118 Apr'90
B WA OT R litgng 6i.l8 M-N
••••••
no roct.'00
Utlca A Blk R1t gn g 4s '82 J-J 110
*£• prlM Friday these an latest bid and asked this week,
**>lt>*
1006
136
118*
114*
gng5l....l022 J -J
Blstgug4s.l080 M-N
BeriesA.
bs*"o'o
98
03
08
05
97
94
120
J -J
8361 J -J
MahonO'lRR lit Si.1934
tHttsMoEAY— lstgu 6s.'32
Bold
110
102% 108
107%
105
104% Feb.'09
ibi*
111%
108* 111
111*
Aug'00
Nov'OO
Nov'OO
109*
101%
06
86
108
110
111
110
105
105
107
97%
108% 118
110%
105
'
J-D
1003 J-D
Registered
1007 J-D 108
Gold 3*s
1097 J-D
Registered
ClnA Bl.stgL8AMB7s'0l A-0
Det Mon A Tol 1st 7sl908 F-A 118
E A A G R lit g o Si.1038 J-J
NY
Dec'OC
100* Nov'OO
•110%
Lake Shore oon 2d 7s .1003
Bat C A Bt
110
107%
106%
Aug'00
135*
•••is 136*
Registered
lit 4s gu. 2361
Registered
Registered
Small
OOATli
S f subsidygfls
PennOo— Gn 1st g
1086
Reglitered
N Y A North. ShMTOsQ.
N Y O A W Ref 1st g 4slO02
Regis 9 5,000 only... l«y.
N Y A Put.' Em N Y O A H.
N Y A R B. 8*» Long Isl.
N Y B A W. Btt Brie.
N Y Tex A M. Bet 80 Pao Oo
Nor A South lstg 5s... 1041
Norf A West— Gen g 6s.l93l
New River lstg 6s... .1038
ImprvmtAext g6s,..193<!
N A W Ry lstoong 4s. 1006
PaoOoastOo— 1st gSs.1046
MOf Missouri. Btt Mo Pao
J-D
lstsflntgug4sserA.'40 J
Small bondi series B. .'40 J
Gout A J>swe lit gu g 5i.'42 J-D
Moh A Mai lstgu g4s,1901 M-8
N J Jnno R gn 1st 4s .1986 F-A
•••••I lllll
•••el* •lllll
• •••••
s * • « • 1
Convert deb oerts 91,000
A-0
BmaU oertfs»100
Housatonlo R oon g 5s.l037 M-N
N H A Derby oon 5s. ..1918 M-N
NY AN B 1st 7s
1905 J -J
1st 6
1005 J -.1
OOFABtP. SssOANW
•
Low. Hi0h
104* 108*
103* 106%
High.
107%
106%
1.
fiss
Panama
J -J 106% 110
1903 J -J
J-J
J-J
M-8
M-8
M-S
J-D
J-D
M-N
M-N
F-A
F-A
F-A
F-A
J-J
J-J
J-J
J-J
Atk Low.
lint*
/am.
Btt Erie
Oswego A Rome. Btt N
130*
Deo'99
Ill
lit7i..l90S
.
1037
A Green w Lake.
A-O 107*
A-O
1"6* 100* Nor Ry Cal. Btt 80. Pao.
96* 08* Nor Wis. SssCStPMAO.
Nor A Mont. EssN.Y.Cent.
IndAW. S«<OOCAStL
Oibio RlverER 1st g 5sl936 J -D •108
MewAClnBdge. SssPennOr
BOANBprlorlleng6s.l015 A-Ol
M Y Bkln A W an Bh. S«« L I.
1997
1997
Registered.
Debenture 5iof 1884-19C4
Regtitered .... 1884-1904
Reg deb Si of ...1889-1904
Debenture r 4s.. 1890-1906
1800-1905
Registered
Debt oerti ixt g 4s.... 1905
1005
Registered
Lake Shore ool g 8*s.l998
1998
Reglitered
Mloh Cent ooll g S*s..l998
1998
Registered
Beeofa Ork 1st gn g 4s. 1936
1036
Registered
1036
Sdgugold 5s
1936
Registered
Cart A Adlstgn g 4*. 1981
Clearfield Bltnm Coal Corp
Registered
Om A St L 1st g 4s
A-0 108*
J-J
lst6sMcM M WAA1.1917 J-J
1917 J-J
IstSiTAPb
Set L A N
If ash Flor A 8hef.
NewHAD. SmNYNHAH
N J Juno RR. Btt N Y Gent.
W Y Cent A HE
Registered
G8*s
55:
NTs Har. SmNYOs Hud.
M Y Lack AW.
Bit D L A w
SYLHAW.
Brie.
S Y A N B. SssNYNHAH
N YNHA Hart lstreg4s.'03 J-D
General gold
J-J 139
J -J 100
Last Sale.
.
87
83
Bang*
Week's
Range or
Dec. 14.
80I0 VAN
112*116* North Illinois.
EssOhlANW.
108 113% North Ohio. Btt L Brie A W.
• • •
•
Mohawk A M al. Set N Y O A H
Monongahela R1t. 8e* B A O
Mont Cent. S«« 8t P M A M
Morgan'! La A T. Btt 8 P Oo.
1901
3d 6s
1928
lit oon gold Si...
1st gold6i JaiperBob.1923
00
•••#•
120*
1st extension gold 6i.l027 Q-J*
193H M-8
General gold 4i
Montgom Dl v lit g 6s 1947 F-A
Bt LA Cairo gn g 4i..l931 J -J
NashOhatAStL
101%
i
In ob
MorrtiAHiiex. See Del LAW
102" 107
116*
114% 121*
113
•#••• tut i
•!•••• ••••**
•no
Dec. 14
Y Ohlc A8tLlstg4s.l937
S Y
1211
3.
Price
.
07*
92* 09*
76
86*
•
1945 J-
Small
90
04
115*8ep.'00
111
Unlf Aref r4i
4
54
09%
107*
99%
00
88
27;
94
123*
183
128
119
.
Friday,
Bid.
i
161
65
98%
.
Week Ending
88* 97*
64
74%
89
95%
1031
1
Trustg 5i
Reentered
1.
III
• • •
•
s • •
Page
BONDS.
High
93
(5 pagea)
N.Y.8TOCK EXCHANGE
nun
I I • I •
•
fif
GeooonitampKtdg 5i'31
PRICES
Range
Range or
1
.
THE CHRONICLE -BOND
15. 1900. J
BONDS.
SI
BT. Y. STOCK KXOH ANG E
WBBK ENDING DKC. 14. •5 «h
•D
Minn A St L— lit g 7i 1927
D
Iowa ex lit gold 7s ... 1909
BoathWeitex litali. 10 J-D
1021 A-0
Paoiflo ex lit gold 6i
19Sa M-N
1st eons gold Ss
lit
. .
•>«..
ies.
Bid.
Ueneral Mlectrio l> N Y Stock Hlxoh
verrr l>:mpaale«
Brooklyn Ferry-Stook
Do pref.— See Boston L 1st.
18*
NYABlstSslOll.JAJ 113
Hartford (Ct Bleo Lt Co. 175
10
Con oi'48-See Stock Bx list.
Mo Bdison Biectrio
18
62
Do preferred.
61
Metropolitan Ferry—Ss.
108
N Y A N J Ferrv—
Narragan. (Prov)ElCo.50 t 08%
Rhode Island Eleo ProCo. 110
1st 5s 1046
JAJ 106*
83
N Y A B B Ferry— Stook. 60
United Biectrio of N J.
20
77
74
920
4s
l»t 5s 1022. MAN .... { 06
United Eleo LtAP Co pref SeeBal to list N Y A H boken— Stoov.
80
H.bF'y it 5s.'4eM&w 1111
4*< 1029— Set Balto 11 St.
Bt Oo..
Woonsooket (R I)
Con. os 1048
JAD « 04*
)
.
1
|
lAna
Interest.
+Pnoe
p*>*
«>i
Ml
20
116
110
107
71
08
89
118
05
an
A
.
.
.
THE CHRONICLE -BOND
1212
Price
Friday,
Dec. 14.
BONDS.
H.Y.8TOOK EXCHANGE
Week. Ending Dec.
Range
•22
Last Hale.
BONDS.
N. Y. STOCK EXCHANGE
Jan.
PC
1.
14.
High. So,
Nov'99
Deo'00
Nov'OO
Low. High.
71
81
Week Ending
tJoAGllstg
3-4s...l947
L * Cal. Set Mob A Ohio.
L & Iron Mount. See M P.
L504N. 8e* Wabaih.
Ii M Br. See T BR A of BtL
8t Louis A Ban Franolsoo—
91*
91
81
2d gold 6l Class
A
8dgold6i OlaiiB
Sdgold6i ClailO
General gold 6i
General gold 5i
1st truit gold 5i
1906 M-N
1906 M-N
1906 M-N
1931 J-J
1931 J-J
1987 A-O
0..1919 F-
J-J
A-O
A-0
A-O
J-D
M-N
J-JI
J-D
A-O
Ft 84 VBBdglsta 61.1910
Kaniai Mid lit g is. 1937
. .
it
Bt
L
L
wo. Set Illinois Cent.
W lit g 4i bdof 1989
Sdg4ilno bond otfs.. 1989
8
1.
Gray's Pt Ter 1 it gu g 5i'47
Bt Paul & Dul Se* Nor Pao
St Man 3d 61.1909
Bt Paul
1933
lit oomoi gold 6i
1933
Registered
M
J-J
J-J
Baduoedtogold4*s 1933 J-J
1933 J-J
Reglitered
Dakota ext gold 8i. ... 1910 M-N
1 it gold 4|
1937 J-D
Mont Hit
1937 J-D
Reglitored
SMlitdlTlitgSi.,.1908 A-O
Registered
1908 A-O
Nordlv lit g »•„.. 1948 A-O
Begiitered
1948 A-O
Minn Union i 1 1 g 6s. 1 922 J-J
Mont C lit gug6i... .1937 J-J
1937 J-J
Begiitered
1937 J-J
lit guar gold Si
1987 J-J
Begiitered
.
.
ASF
Will
lltg 6I....19S8
Begiitered
1938
Bt P & Nor Pao. Se* Nor Pao
BtP AS'zOlty.SssOBtPMAO
8 Be Pies St Ph lit g 5s.l942
113
113
113
111
111
111
U8
110
1MX11B
105
90*
90%
Sale
luo
90
100
94*
72
'117*
01*
•lie*
"4
M9*8ale
103*
AANW
J-D
J-D
ISO
117*121*
11
102* 106
Apr '99
M-S
10
Apr '00
106* Nov' 99
118*
112
125 ....
110*....
J-J
108
128
135
10
Apr'97
Dec'00
82*
J-J
F100*
F-A
85
M-N
J -J
105
J-J
F-A •••*••
M-S
J-J 104*
J-J 113*
J-J
J-J 109
J-J
J-J *112*
J-J
A-O
82* 367
100* 197
May'00
94
•••**.
Sale
Bale
95
M-B
Nov'99
120* Feb '00
...,
....
....
and asked
till*
OUT8IDE SECURITIES
Ferry Companies.
Bid. Ask.
A 23d SU Ferry
75
86
lltmort 5s 1919... JAD {105 108
loth
Union Ferry—fltook
lit 6s 1980
MAN
31
}
31
Oct'OO
108* Nov'OO
110* Aug'00
110* Nov'OO
110
99
89
98
Mlecellnneona.
Aeker.Mer A Con 0s 1903
98
101
Amnlg. Copper— Set Stock Exch. lilt.
B oston
Amer Bank Note Co... 50
Amer Bloyole—Com
Preferred
Bonds
5i
MAS
1
47*
0*
88
70
list.
60
7«
99*
78
70* 85*
94* 99*
97 100*
99% 99*
80* 86*
Nov'OO
118*
91*
114*119
J'ly'00
117
2f« 80*
78
110 114*
no*
no*
Nov'OO
Not'OO
Aug'00
• • • «
112*Aug'97
94*
94*
week,
25
Jan.'00
110
110*
118
117* 119
105* 107
104* 109*
118
110*
83* 91*
116
Deo'00
1
•
» •
115
114*119
65 114 180*
13 108*118
118
112
Nov'OO
Nov'OO
t
119* 186*
118
119
184
180
101
104
101*
109*
108
109
Bonds dm* Aag.
113*111*
111
104*
114
80
Oct,'00
114
80
118* 115
114
108
105*
92
100
86
114*
26
80
Deo 00
Nov'OO
15
Bale
Sale
118
111
103
86*
105*
Dec'oo
Dec'00
130* J'ne'00
97
99
105*
Bale
Bale
IC7
31
98
977^
105*
105V»
107
10?
I
140
116* Nov'OO
J-J
111
Dec'00
J-J 109
102
102*
J-D 102
129* 129*
F-A 129
117 118* 117* 117*
J -J
Non-oum lno A 5s. ..1946 aep.i
100 Dec'00
Utah A Nor 1st 7s
121 Mar'9w
1908 J-J '119*
Gold 5s
102* Oct.'00
1926 J-J
,
5s.. ..April.
SuNT
33*
1943 Not.
AC
Wheel DIt 1st gold 6s.l938
Bzten A Imp gold 5s. 1930
.
1st oon 4b
1949
Wilkes A Hast. 8** Erie
Wil A Bioaz F. 8** 8 1 P M A M
Winona A BtP. SeeOANW
Wis Cent 50-yr lstgen4s..'49
J-J
A-O 115
J-J no*
H-A 109
113
57
105
105
95
88
118*
118
108*
98
25* 80
78
110
180*
97* 100
108
107
101* 108
103* 106*
110 111
85 100* 104*
2 126* 180
55 110* 117*
100
106
102* 108*
Preferred
American Cbtole Co
Preferred
Prefnrred
AmerllldeA Lent h :r
.
81
80
10
10 t 11
85
84
U
13
87
r-rei«rred
MAS
10*
38*
89*
Otf*
10
HO
. .
Amer Pren Anoo'n..l00
AmerlciRu Screw. ,,,,,250
Atncr Sheet Steel....
60
75
!•••••* •••••*
100
Am Soda Foun—Com. 100
100
1st preferred
100
3d preferred...
50
\merioan Surety
Amer Strawboard,..,100
Preferred
Bonds 0s
FAA
Am Typefo'rs— Btook.100
Amer. Woolen—Com....
Preferred
»m«r WrlnB»rnnm.
ion
109*118
110
138
68* 95*
33* 86
53
Jan/99
•
• ••
107
115
89*
90* "55
-J
87
Bale
87
87* 196
88
98*
29 100
107*
J
Due Jan.
Ask.
Mlaeellnneoua. Par.
43* 48* Amer Sheet Steel pref..
Amer Shipbuilding ..100
92* 98
118
96
Sale
87
I
Bid.
,,.,,,
85
90
60
10
170
Tan.' 99
107
9-*
101*
Dec'00
97*
98
88
87
122
183
118* Dec'00
128
Dec'00
,
78*
98
100
8
00
15
180
32*
58
09*
«'* 8 *
76* 77
183
3
15
186
136*
"9*5*
"ii"
Oot.99
109
110*119
118*198*
119*119*
188
Dec'00
100
Oot.'99
113*
Sale
••••!
• •••'
114*
15 111
185
116
•
97*
188
"98* Deo' 00
180
0"
13 117* it
109* Deo '99
116
••••• •••••>•
.litis ••flees.
*
Itll.l
••••••
99
Ds*'97
91* O0t.'98
115* 115*
Bala
93
110
118*
OB
•••••• *•!••*
15 113* 118
100
Bale
a
118*118*
Sep.'OO
102* Nov'OO
140* 143
103
24
93
99* Nov'99
Due Not.
Ask.
95
Mai '98
121
129
121
113 113
62
90 104
88 91
98*
49 83* 88*
J'ne'00
109
38*
108
Sop.'OO
100
110
118
Bale
8
113
95
.
1
108
91
90
•
IDueMaroh,
39* 48*
3248
M-8
118
108
1
tDueJuly.
67 113 118*
35 98* 107*
7b
88
99*
99*118
98* 108
84
90*
J-O 12?*
Beglstered..,
1943 J-D 180
Ool A OtnAT I st gu g 5s. 1 9 8 3 M-8 128*
Beglstered
1993 M-8
Lex At APF lstgu g 5s.'9S M-8 128*
Beglstered
M-8
MetW8El(Chio)lst«.4s.l938 F-A
Registered
1938 F-A
\ KIKy A L80-yrg 5s. 1928 F-A
Alnn Bt Ry 1st oon g 5s. 1919 J-J
118
rt Paul City Cab. og 6s. 1937 J-J
Guaranteed gold 5s... 1987 J-J
Third At lstgold 5s. ...1937 J-J i 30 "
On El (Ohio) 1st g5s....l945 A-O ••••
VV Ohio St40-yrlstour5s.'28 M-N ••••••
40-year oon g 5s
1936 M-N
GAB ABLBOTBIO LIGHT BON D8.
Atlanta G L Co 1st g 6s. 1947 J-D
Boi TJ Gas tr otfs fg5s..'39 J-J
78
Bklyn U Gas 1st oon g 5s.. '45 M-N 115*
ChGLACCo. SesPGACOo
Columbus Gai lstg 6s.. 1933 J-J
Oon Gas Co. SesPGACOo.
99
Detroit City Gas g 5s. ,.1988 J- J
DetGasCooonlstg6s..l918 F-A 100
Bd El 111 Bkn. See K Co BLAP
Ed El 111. See NYG A EL HAP
BqGasLN Y lstoong5s..'82 M-S 180
Bq G A Fuel. See P G A C Co.
Gas ABlec BergCo oon g 6s'49 J-D
Gen Hleo Co deb g 5s... 1922 J-D 142
Gr OapGLCo lstg 5s. .1915 F-A
KC Mo Gas Co lstg 5s. 1922 A-O
Bid.
American B.ldgeCo Com
1919
Amer M utosoope
111
104* 106
110* 117
Sep.'OO
114* Not'OO
118
(Given at foot op 7 oonsbotjtivb pages).— FERRY
6s,
117
Jan.'00
.
114* 114*
114*114*
106*NOT'9<
104* 104* 71 101 104*
112* 118* 166 100 118*
108 Aug'00
107* 108*
108 Nov'OO
108 109*
185
184
118
112* J'ae'99
118* Sep.'OO
STREET RAILWAY BON D8.
1945 A-O 1C7 Bale
110 110* BklynBapTrg5s
Atl Av Bklyn imp g 5sl934 J -J
104* 108*
BkCltylstoon 5s.l910.'41 J-J 113* ....
97* 102*
Bk Q Co A 8 oon gu g 5s .'41 M-N ioo* Bale
100 110
Bklyn Cn El 1st g 4-5sl 950 F-A
97* Sale
100 105
107
J'ly'00
117*
111*
109
87
UnlNJBBAOCo. SiePaRR
Utah Central. See Rio G W
116*118* Dtah A North. S»* Cn Pao.
UtioaABlaokB. SesNYOent
Yer Val Ind A W. Se* Mo P.
99
7P*
79*
•
3 108
Sep.'OO
111
....
BwayA7thATlstog5s.l943
Aug'99
98* Aug'00
Amer Graphophone....l0
Am Agrioul Chem— See
128
106
183* Nov'OO
Bqulp sink fund g 5s. 1909 M-B 100
101* J'ly'00
Deb 5s stamped
1927 A-O 107* 109* 109* Deo'00
Bo Oar A Ga lstg 6s.. 1919 M-N 103 ....
106* 106*
latest bid
94
A-O 114*
115
A-O
Kings Co El lstlg 4s.. 1949 F-A
109 112* City A 8 Ky Bait lstg 5s 1922 J-D
Den Con Tr Co lstg 5s.. 1933 A-O
109* 113
Den Tram Cooong 61.1910 J -J
35 81
87
MetRyColstgug 61.1911 J -J
120* 120* Louis ByOolitoong5s.l930 J-J
Market BtO By lstg 0S.191S J -J
Met Bt By gen tr g 5s.. 1997 F-A
134
115
119
Sale
Aug'00
112*Dec'C0
110* Nov'OO
84
85*
119
107
106* 107* 107
116
.
1
• * •
119
91*
1947
OreByAN&v 1st s f g 0sl9O9
Ore RBANav oon g 41.1943
OreShortLine lstg 6s 1922
Or* 8h L— 1st oon g 6s. 1946
Inoome
99* J'ne'00
84
123
83*
110
Ga Pao By lstg 6s... .1922 J-J
Knox A Ohio 1st g 6s 1926 J-J 123*
Blob A Dan oon g 0s. .1915 J-J 123*
arioe Friday
112* Dec'00
13* 1)3*
Sale
129* 185
Nov'99
100
IMMI
Oot-'99
Jan.'99
118
M-h 118 Sale 110
107*
F-A 107* Bale 106
99*
J-J 99* Sa'e 97*
40
J-J 42* sale 88*
lltg5iDetAOhHxt,.1941 J-J 110*
110* Dec'00
112 112
Des Moin Div 1st g 4s. 1939 J -J
94
80 Nov'OO
90
125* 126*
BtOhai Bridge lstg0s.l9O8 A-O 1C9*
111 May '00
94* 94* Warren BB. S** Del L A W
Wash Cent See Nor Pao
100
105
82* 85 Wash OA W. Bt* Southern
WeitNYAPa lltg 5s. 1937 J -J 131*
121*Deo'00
GengS 4s
94
94V
94* Bale
1943 A-O
109* 105 Aug'00
Sale
99* 100* 100
lu6
104* 105* 37
108
J -J
T Va A Ga Dlrg 5s. 1930 J-J
Oon 1st g5s
1956 M-N 118
B Ten reor lien g 4-5s.l938 M-S
1938
102
109
South Ry.
lstg 5s
1939
2d gold 5s
1939
Debenture series A. . , . 1 9 3 9
Series B.
1939
»1* NOT'OO
Sale
*•••!
•1
irglnla Mid. Se*
J'ne'00
Jan-'OO
81*
Sale
J-Dt "bs" "83*
J-Dt
.
No Low. High
•
F-A
.
W
<
.
5s.
Beglstered.
J-J
J-Dt
J-Dt
I.
•••
TezAPByBdtTlstg6s.l905 M-r>
B** South By.
Cent.
WVaAPltts. See B
VaCent A P lit g 0s. 1911
Wneel'g A L B 1st g 6s .1980
1
Ati A Tad 1st g gu 4S.1949
Col A Greeny 1st 5-6s.l916
.
West No Car.
West Shore.
M-N 100
M-N 104
M-N •105
M-N 105
112
J -J
A-O 110*
Geng4i lntgtd
1921 A-O
85* Sale
Morgan'sLa AT Ist7il918 A-O •136
litg6s.....
1920 J -J
N T T A Mezgu lstg 4s.'12 A-O
No of Cal lit gug (is... 1907 J-J
Guaranteed gold 5s.. 938 A-O
Ore A Cal 1st gtdg 5s. 1927 J-J »
104
79*
BAAAPasslstgug4i.'43 J-J 79
8o P of Argu lstg 6s.'09-10 J -J
114
BPof Oal lstg 6s. .1905 A-O •109 ....
1st gold 6iserB..1905 A-O 109*....
lit gold 6
1906 A-O »U1* ....
1912 A-O *U9*....
1st gold 6s
lit oon guar g 5i 1 937 M-N
i
108*
l04*Feb.'9S
MezAPaolstg....5i'31
Bablnedlr lit g0i.. 1912
Oon g5i
1943
Southern— it oon g 5s. 1994
Beglstered
1994
Mem DlT lstg 4-4*-5sl996
Beglstered
1996
Ala Cen R litg 6s. ...1918
Atl A Danv 1 st g 4a. 1948
A of St L 1st g 4*s 39
lstoongold5s. .1894-1944
St L MBgeTergu gSs.1930
Tez A N O. Be* Bo Pao Co.
J -J
F-A
J-D
Ask. Low. High.\
Wabash
Gila V GAN 1st gu g 6s 1924
HousE AWT 1st g 5s.lB33
1983
1st gug Ss
HATU 1st g 5s int gu.1937
Oong6Hntgtd
1912
1905-87
Stamped
BPacof N Mez lit gds.'ll
8 P Coast 1st gu g 4s.. 1937
1905
Taz A N O lit 7s
95
•••••• •••»••
135
since
Jan.
117
ARC
AG
1926
Beab A Boa lit 5i
Car Cent 1st con g 4s. 1949
Bher Shr A So. St* M K A T
811 8 Oca &G
SeeSaTFAW
Bod Bar A So 1st g 5s... 1924
Bo Car A Ga. See Southern.
Southern Paolflo Co—
Gold 4s Cent Pao ooL.1949
.1949
Resistered
lit gugSs... 1941
CPao 1st iefgug4s... 1949
Begiitered
.1949
Mortguarg 3*s....l929
Beglstered
1929
Gal Har AS A lot g 81.1910
Sdg7l
1905
91
98* 100
Tor HamABufTlstg4s.l946 J-D*
iVaii i'10* Ulster A Del litog 61.1928 J-D
n Pao— BB A 1 gg 4sl947 J-J
115*115*
AW
N B. 8u Nor A W
79
lstgold 5s
2d gold lno.
Nov'OO
go
Last Bale, to*
LAN.
W
128
185
116
118
108*
|
A 6S.1906 M-S
1911 M-8
1916 M-8 121*
1921 M-8
1926 M-8
1926 M-8
1931 M-S
2000 J-D
Deo. .2000 Moh.
1935 J-J
£5* TolAOC lstg5s
94* 118 85
7i* 432 53* 72* West'ndiT lstg 6i.... 1935 A-O
General gold 5s
1935 J -I;
Kan A M 1st gu g 4s. ..1990 A-O
Tol Peo A
lstgold 4S.1917 J-J
118*
116* 181
Istg0str.l916 J-D
137
143* T BtL
143*
143
Bangs
Week's
14.
* »r
137* Feb 'mh
lie* Dec 00
115* Nov'00
119* 119*
108* 1U4
,
8**
LXXI
1 .<
Jan.'99
W
No
Series F 5s
5s
[Vol.
Range or
110*118* Spok FaUsANor lstg 61. 1939 J-.I
0* 11 9* Stat Isl By 1st gu g 4*1.1943 J-D
9unb A Lew— See Penn RR.
121* 129
106 118* SyraBingAN Y. SeiDLAW.
'Tebo AN. See M K AT
102* 104
Oot.'U'«
118*
14 3* Sale
!•••
90*
93*
70*
Sale
Sale
; • »
91
161
J'ne'00
90*
106
.
lit con g 61.1934 A-O
126*
Sav F St
123 Deo'99
litgSl
1934 A-O
93* ,,,.
Bt John's Dlv It" g 4S..1934 J-J
94*
94*
Ala Mid 1st gug 5s... 1928 M-N •102 1C3* 102 Not'OO
84 ....
Brans
Istgug4s.l938 J -J
88 Sep.'OO
94
811 8 Oca
gug 4s 1918 J-J 90
Beglstered
Small
SAN Ala.
Nov'99
Dec '00
111* Dec '00
129 Dec '00
114* Dec '00
102* Oct.'00
111*-
104
108
BAAAP. SwBoFao.Oo.
BFiNPlst if g 5s.. .1919 J-J
.
D 4-5s
E 5s
4.
Price
Friday,
Dec. 14.
2?
1936 M-N 109
Gtd stamped
1936 M-N 113*
WOAWlstoygu4s.l924 F-A 92
WestNC Istoong6s.l914 J-J 119*
. .
Soloto Val A
6s
SeriesC 6s
Gen
St
1st g 6i Pieroe
g 4i.. ..1996
BtL A 8 7
Southw DlT lit g 51.1947
CentDlv 1st g 4i. ..1929
BE
B
Series
92* 94
6t
Bt
Page
Bid.
Series
Series
91
Dec.
Southern— (Con)
Virginia Mid ser
Boon A Pltti. Sec B B A P.
Borne Wat. A Og See NY Cent.
Salt Lake Clstgsf 0s. .1913
(5 pages)
since
Week's
Range or
Bid.
A.tk. Low.
Bio Gr Juno lit gu g 6s. 1939 J-l>
"82" 105
19*0 J-J *"s6"
78
Bio Or So lit g 4s
94
1940 J-J
Onaranteed
PEICES
.
.
'
ThoM an
109*110*
25 113
148*
flftloa sal**.
& MISGELL'8,
Mlaeellnneoua. Par.
Bid.
American Wringer prtf
1)8
Amer. Writing Paper,...
8H
H±
.
Preferred
15
5s
71
Anthracite Coal Co
100
darney A 8m Car
100
Preferred
Bergn A Bng Br 1st 0s.
Bliss Company Com.. 50
50
Preferred
lond A Mort Guar. ..100
—
British
.
8*
18
K8*
103*
185
995
Columbia Copper
80*
i Prioe p •r >>•
4'And tntareit.
4
18
78
8*
BB
i
109
137*
805"
30*
Dec.
J
9
.
.
I
LAPgSi
'87
1 997
13
Dee. 14.
Latl Sale.
3<§
Jan.
Ask Low. High
Kid.
A-O
A-O
HI
II
Hd
Hi
111
1st con
J-D
M-8
mong 4s. ...1949 P-A
94
Hale
109
6il910
1995 J5i.l949 M-
lit oonv g
5s
i?
ISO*
PatersoD* PGA Bg
Poo Gas A O lstgu g 6l. .1904 M-N
1904 J-D
2d gtd g6i.
1943 A-C
Ilt0omolg6s
1947 M-l"
Refandlngg5i
1947 M-S
Registered
Ch G-LACke lstgug 5s'37 J5i'36 J-D
Con G Co of Chlstgn g
BqG A FCh lstgug6s.'05 J-J
Mu Fuel Gas 1st gu g 5. 1 947 M-N
Trenton G A Bltltg 5s.l949. M-8
Utioa ELA P lit if g 51.1950 I -J
Weitn Gai Co ooi tr g 5i...'33 M-N
96* 96*
•
•
HI*
94
109
120
••••• *»••
••>•• •••••
107'
118*
1 «o5
106
17
106*110
1
117* 120
V00
>
107
107
103* 107
116
127
* • »
6
104
5
1 8V,
Deo'ftf-
106
103
105
May'00
Auk'OO
107
Dec '00
»
• •
109*
107
105
103
106
100
•••••«
106
95
91
109* .09* Deo"'00
109
111
103* 111
89
109
Nov'00
J'iy
108
learf Bit Coal. SeeNYCAE
C A I lit oon g 6s. .1902
OolCAIDev Co gugSs.. 190ft
190ft
Coupons off.
Col Fuel Co gen gold 6s. 1919
Col F A I Co gen s f g 5i. 1943
.
F-A
J-J
M-N
F-A
109
103
105
107
103
107
t
105* J'ne'00
i05* 105*
109* Nov'00
s
55
•
• • • •
1(3
9«*
Sale
108
1928
••» •••••!
J-D
1"*ennCoalTDiv lstgesmi A-O
Blrm Dlv 1st oon 6i. 1917 J-J
Can C M Co lit gu g 6s..'22 J-D
De Bar C A I Co gu g 6s. '10 F-A
Wh L B A P O Co 1st g Si.'lS J-J
1st g
f
105*
112
MayW
lM»y'ft r
24
Dec 'oo
Jan.'ut
99* 99% 99*
.1
75
Sale
100*
-J
Bar A S Car Co lit g6i.. 1942 J-J
Gramercy 8ug lit g 6S..193J A-O
191(
Steel Co deb 5s
PINon-conv deben 5I...191S J -J
A-C
103
Int'l Paper Co lstoong6s.'U F-A
Knlek Ice (Chlo) Iitg5s.l92fc A-O ••f
•106
NatStarohMfgOolstg6sl92t M-N
90
1st g 6s. .'4C J-J
1st g 6s. 1946 F-A
Stan Rope
1 04*
Inoomeg 5i
BnvelCo lit f g6sl91b j'-j'i
75
lbs"
Jan.*'0C
89* Feb '0
89* 89*
70
Apr '9'.
108
108
93
Aug'00
U'6*
106
70
87* 95
104
104*
BC
U*
11*
•Mo prloe Friday; tbeie are lateit bid and asked this week,
OUT8IDE SECURITIES
UnM
Ofeeiebrough Mfg Co. 100
Chicago A Alton RR— See
(HB)-lstpref.lOO
Sd preferred
100
OiaflUi
Common— See St.Ex. list
Col A Hock Coal A I, pfd.
Utg5i 1917. ... JAJ
Compressed Air Co
..onto lid Oar Heating. 100
Jomol Flrew'ki-Com.100
Preferred
100
U*
Cons Ry E ec Lt A Fqulp,
..'Cioi Rubber Tire
<.
2*
,
Pref
28
Corbln Cabinet Lock. 100 250
Corbln (P. A F.) Co.... 25 t 87
'lamps' 8h & En Bldg.100
68
17*
Crucible Steel
Preferred
78
Diamond Match Co ... 100
Dtitlli. Co. of America
Electric
6*
»
Boat
Preferred
Hleotrlo Vehicle
Preferred
Empire State Sugar..,,
44
18
60
20
75
11*
4
31
300
91
72
18*
78*
6*
£6
46*
19*
,
82
82*
100* 101*
1st 6s..
Empire Steel
4
Hne A Western
Trans. 50
A Dep (Bait). .50
General Carriage
General Chemical
Preferred.
10
43
Preferred
Fidelity
44
90
48
131
Pref
48
t 60
1169
494
100
100
57
95
Qorham Mfg Co-Com.100 110
Hoboken Land A
76
,
4*
68
100
t
1
do
pref.
do bonds.
Inter-State Oil
Iron Steamboat.
6i 1901
i ohn
100
JAJ
B Stetion—Com. 100
Preferred
100
Journeay A Burnham. 1 00
Preferred
100
Lsniton Monotype..,. 20
Lawyen' Surety
100
Lawyeri' Title Ins .... 100
Bid
Alk
(P)— Pref...lu0 100
Madlion 8q. Garden— 100
6
105
uorlllard
7
2d 6i 1919
MAN 40
Markeen Copper. ...... ..
1* 8
tfex Nat Conitruct'n. pfd
11
13
Mononganela River Coal. t 11
11*
Preferred
..50 t 44* 44*
Mononganela Water... 25 t 40* 41
100
Metier Safe Co
100
National Carbon
100
16* 17
100
84
Preferred
84*
20
17
Nat Enam'g A Stamp. 10f
84
100
80
Preferred
15
Nat'l Gramophone. . ..100
8
National 8aw— Pref. .100
National Salt— See Stock Exch. List
iui 140
155
National Surety
National Tube See N YSU dixch. list.
*
55
National Wall Paper. 100
•
4
N. E. Elec. Veh.Trani..l0 t 8*
100
70
85
Loan A Imp
Biscuit 6s 1911. MAS 114
New Jer Zinc A Iron.. 100
6
N. Y. BLVeh. Transp.100
7*
50 t 62
Nicholson File Co
»
"
NY
NY
Otis Elevator— Com
27*
26*
87*
28*
88
Preferred
30
Peck, Stow A Wilcox. .25 t
50 735
Pennsylvania Coal
•••«••
50 t 29
29*
Pitts Bess
50 1 23
23*
Pittsburg Brewing
50 t 43* 43*
Preferred
100
24
24*
Pittsburg CoaL
100
Preferred
84* 84*
100 165
Pitts Plate Glass
25
24
Planters' Compress ..100
50
53
Pratt A Whitn— Pref 100
*
Procter A Gamble.. ..100 325
100 217 308
Preferred
lit 6i— See Stock Excb. lilt.
ALB
• » *
RojalBak Pow pf ..... x0S*
30*
Rubber Good! Mfg.......
.
••••••
80*
82
43
55
85
63
115
125
Simmons H'rdw-Com.100
140
100 185
2d preferred. ....... 100 140
100
Singer Mfg Co
»C
•••«
806
Standard Oil of N J. .100 800
Stand Und'rg'd Cable. 100 809 210
I
87
97
77
2*
45
96
115
46
1C3
77*
4
100
130
8
80
70
95
155
t
30
80
105
68*
28*
• • • • • I
Preferred
:
1*
•••
•••••
•
•
•••••a •••••
65
150
150
ISO
*
Sloss-Shemeld- See Stock Excb list.
Southern Cotton on. .50 t 55
40
85
BtandardCoupler.com. . .
122
126
Preferred
Stat isl R T 1st 6s'13AAO
» • •
•••III
.
.
* *
2d 5i 1926
Still w-Bierce
JAJ
A
Sm-V.100
t »
« -
60
11
18
Storage Power
100 1C2* 103*
Swift A Co
102*
lit 5i 1910-1914.. .JAJ 1101
120
Buiq Coal 6s 1911.. ..JAJ 118
75
Texas A Paciiio Coal. 100
87
AAO
1st 6i 1908
Title Guar A Truit...l00
Trenton Pott—Com.. 100
1107*
410 480
• «
4
62
19
40
30
• 1 * • I f
•••
MM
'.«••
••••
if
F-/
90
»!•••
Oct.'9v
101
J-l
;
ttM
* 1 •
• •
It
*«tl
tttt
Feb'ft r
'•••••
'
•
* • • • •
J-J
M-f
113* J'ly'00
113*118*
Nov'00
!00*Oct.'00
101
TBLB. & TBLBPH. BONDS.
Com
Cable Co 1st g
Q-J
Q-J
4i.. .239";
3391
Registered
109
7i.
114*
-.
M-N '104*
M-f
J-,
.'('•
..
D. 8. GOV. SECURITIES
1930
8 2i registered
OS 2s coupon ..,,,
1931
19it
O 8 3i registered
O 8 3s coupon
19U
O 8 3s reg small bonds. 1918
O 8 Si oou small bonds. 1918
D 8 4s registered
1907
1907
O 8 4s coupon
192E
O 8 4s registered
D 8 4sooupon......
1925
1904
O S 5s registered
n R 5s coupon
1904
114*
105*
Sale
...
i*e
ti
Q-J
Q-J
H2
seventh
r«c«d<n|.)
p«
1 .5
110*
103* 10BW
104
105*
3
108* Hi.*
47 108*
109*
114*
109)4
"l 108* 111*
115
58
ilS'Hi
115*
138^
10
40
1
Q-I
Q-J
Q-J
Q-f
Clan B 5s
1906 J-J
Class C 4s
1906 J-J
Currency funding 4|...192C J -J
110
100
'
188
109*
102*
4
114
114
117*
118*
132*188*
181*
U8*
112*118*
112*116*
Dec 'ot
97*
to the
111
102*
124*
m*
Nov'OC
b97*
110
105
87
HO
138
113
113
1 10
2'
104H
138*
bonis of Ave dollart
97*
596
pound
108* 116*
Nov'0(
Anc'w
109* 109*
102*
••• MltH
Oct.'00
102
Sep.'Ol
•
•
Louisiana— New oon 4s. .1914 J-J
Small
Missouri— Funding.. .1894-95 J - 2
Nortn Car—Consol4i... 1910 J-J
121" Apr '0i
121
108
Aug'0(
106* 108*
109*
Columbia— 3-65I.1924 F-A
Feb.'ft
.....
108
v00
105
105
i'0'5" Oc't.
J-J
A-C 187*
J-J 112*
J-J 96
J-J
J-J 95*
J-J ""•"
,
109
109* iioj,
114* Bale
115* ioh
138* Sale
138* 138^
113* 1 1894
113* U3J,
f
8TATH SECURITIES.
Alabama— Clan A 4 to 5.1906 J-J
Small.....,.,..,
6s
2
114*
104* 107
109
105* 104*
109* 110^ 0^
110 Sale 109*
104*
105
Q-F
on be
2
IS
«.,,, ••...
i
y-
114*
105k
112*
U8%
113
•
(F01 lailV rtcorc
- j
104* 106
O
Nov'9(
••••••
M-f
J
Oct.'9i
112
TAT
N If A n J Tel gen g 5s oy. '20
NoWeitn Teleg. See Weit.Un.
West Onion— Col tr our 5s.'3£
Fd and real est g 4*.. 1950
Mut On Tel 1 fd 6i...l91l
10B*
100* 100*
101
Brief A Tool trgif 5s... 1926 J-J
Met
lit if g 5I...1918 M-f
Mut On Tel Co. See Wn Un.
(Given at poot oj 7 consecutive pages).— BANKS
xbl*
e*
30
181
106*
I
Preferred
25
Russell A Brwln
Safety Car Heat A Lt.100
Packing Co
Seaooast
Preferred
International Elevat.100
Internat'l Pump—Com. .
29
#!*'
Preferred.
77
79
Uiternat Sllver-Se« Stk. Exch. Hit.
Do
Do
t
.
172
110
106
41
lmp't..
EleoVeh Trans. 10
Due July
84
111
191f
128 Feb.'98
180
120 Mar'00
120
So Carolina— 4*s 20-40.1933
9S* 96*
Tenn— New settlem'tSi.l91S
15
nej,
96
96
9«G
Small
94 Oct.'00
90
it%
Virginia fund debt 2-3i.l991
Sale
95* 34 85
94*
Registered
105
10
6
6i deferred certfe
'.Y.Y.
6*De,c'oo
Due May. i Due April. Bondi due January. 1 Due August. aTheie are option lalM.
24
20
120
8
5i
102
"84'
10
Preferred
100
Havana Commercial.,,
Preferred
.,,,
Heok-Jones-J Mlll-Pf.100
llt6i 1922
M&8
Her'g-Hall-Mar(asst p'd).
Preferred (asst p'd) 100
Illinois
iia
Alh
100
85
70
45
23
65
30
15
70
80
355
365
Stk.E x. list
101
103
101
108
88
8B
46
55
10
60
t
8
BS
104*
mDk&Imp5s. SeeOenNJ
70
66*
46
112
Ohateaugay OreA Ir 6i '15
A O Grain El—Inc.
4l
10S
C
112
9ft
i09* 109
15
68
110
Aug'00
J-J
1
Dilt of
Sale
M-N
MISCHLLANHOD8 BON DS.
Adams Bx—Col trg4s.l94b M-e 104* Sale
11*
112
Bid.
105'
Jan.'ft',
70
Co
85
81* 88
6
1V3" NoV'bV
Small
105"
Sale
Sale
MUecllaneoua.
63
8
U3*J'ly'9l
AT
US
8LeathCoifdebg6i.'l8
98*100*
10
»9H
74
Low Hifh
7
70w
•• •••••
108
M-f
J-J
M-P
M-P
l?AOntLandlitg6s.l91(
St L Ter Cupplei Station &
Prop Co litg 4*i 5-20 yr'l
S Yuba Wat Co oon g 6i. .'28
8p Val Wat Worki lit 6s ,'oe
Vermont Mar 1st f 5i. 1810
1.
88
110
30
*
M-«
FOR'GN GOV. SECURITIES.
O S of Mexico 1 f g 5s oi 189ft Q-0
100*: '04
99
A Gamb
Par,
luu
Cent Firew'rki—Com. 100
100
Preferred
112
112
105
109
32
102
103
105
99
32
5
us
87%
70*
r-a
99(
sine*
Jan.
Hioh Wo
Loin.
!•••
fill
A-O
J-J
HAL
1
Bid
Ask.
87* Sale
70
72*
•
Iron BteamboatCo6i.,.1901
Mad So Gard 1st g 5s... 19 19
Man Bch
gen g 4i.l940
b These are prices
Am Spirit! Mlg 1st g 6s..l91c M-S
Am Thread 1 it col tst 4i 1 91
106
Feb'OG
101* Oct.'00
deb g8i... 1900 Qu-F
Cot
1915
Extended 4*s
•
105
105
Oct.*00
no*
j'-'j
1
5i.
Last Sale.
Week's
ft.
F-A
Non-oum lno 5i ....1907
MAM la gr 3*i S A.19 1
Haok Wat Reor 1st g 5i. 1926
Held B Co lit 1 f g 6I...1931
Hoooken L A I g 5s
1910
Northweitern Tel
95* Jan.'9'
80
105
105
i06H 105
32
Oil
Celluloid
58
109* Nov'00
108* .089*
97* 131 90
86*
97*
106
Sale
MAN'F'G A INDUSTRIAL.
Prooter
55
6s..l912
-
Am
100* 103*
Nov'OC
107
RochAPltC*lpurm5sl94« M-N
Bun Ck Coal
•5
k'nWAWHlit5itrotfs.
Clhlo Jo A St Yd ool g 5i. 1 9 1
80
I
De Bardel C A I. See T C A I.
Or Rlr Coal A C lit g 6i. 1919 A-O
Jeff A Clear OAI Istg5sl926 J-D
1926 J -It
2d g5l
Pleas ValCoall st g if 5
Dec. 14.
Newpt News SAD D
Range
Range or
Dec. 14.
Det
94k
104
••••
87
COAL A IRON BONDS.
CahCoalMln. SeeTCIAR
Col
Week Ending
1213
5.
Price
Friday,
Low High
•
194e
Registered
1.
BklnFerryCo lstcongSs'48
ir
Purchase
2 -a
EXCHANGE
N. Y. STOCK
.
.
.
Page
(5 pages)
BONDS.
since
Vo.
«7 ....
Bkn- lstoon 4i.*89 J -J
9«* Deo '00
117* 107
107*
Lao Gai-L 00 Of StLlltg 5s*19 O-F* 106
1919 Q-F*
Small
Mot Fuel Gas Co See PeopGas
NYGBLHAP..g5s.l948 J-B> 108* Sale 108* 108*
Ed
..
.
.
.
.
PRICES
Range
Range or
Week's
5
1
...
..
..
.
Price
Friday,
90ND8.
«. Y. STOCK EXCHANGE
Wbbk Ending Dec. 14. £a«
Purohaie mon 6s
..
THE CHKON1 CLE-BOND
15, 1900.]
KlngiCoEl
•
•
-
6
* i
Mlecellaneoui.
BlQ.
Par.
Trenton Pott— rt-ef.. 100
Trow Directory-New. 10C
Union Copper
Union Steel A Chain.
65
Preferred
50
Union Typewr— Com. 100
lit preferred
,100
100
2d preferred
Bank*.
Brokers'
Bid.
Qu
Alk.
4
• *
•
U
8*
S
t
46*
t
70
85*
100
111
8.
U79
,
,
435
400
Gansevoort*. 60
1700
German Am* 135 133
German Ex*. 860
Ger mania*.. 510
Greenwich*.. 185
Hamilton*... U54
Hano'rlnew) 425
HideAL'atb 135
Imp A Trad. 518* t
185
184
Leather Mfr. 330 340
325
Liberty
900
Linooln
Manhattan* 360
Market A Ful 335 IMMI
Mechanics'. *316
Meob A Tra* 96 100
*325
Mercantile
Merch Exch. 186
180
Merchants'. 175
650
Metropolis*.. 835
.
Mt
*
Morris*..
Banks marked with an
asorusd
Int.
t
5
30
50
90
PrefeTed
S Envelope— Com.. 100
U
72*
86*
110
113
Banks.
Bid.
Qu
Alk.
Naisau*
83*
135
New Amst.*.. 675
New York Co. 1500
N Y Nat Ex-
180
York.... 1335
19th Ward*.. 100
90
New
84*
••••••
84
140
3
S
35
194
113
H92*
no
Bid.
Qu
Alt
otati ons.
26th Ward*.. 188
136
Wallabout* .. 105
178
As*.
32
Banks.
Brokers'
otatio ns.
155
N. r. CITY.
Amerioa* .... 470 480
Am Exch.... 190
500
Bowery*
290
*••••*
Broadway.... 251*
*
Butoh'sADr.. 87*
171
500
Chatham .... *307
4000
t
Citizens'
*148
*488 490
Colonial* .... 276
Columbia*... 300
Commerce... t262 280
Continental 140
Corn Exch*. 1365
Domes. Excb
103
Bast River. 140
150
11th Ward*
•IS
Fifth Ave*.. 2500 3000
325
8600
14th Street*. 150
Bid.
Cait Iron Pipe ......
Pref.
100
S Glass- Common.. 100
Preferred
100
Va. Coal Iron A Coke. 100
5s 1949
MAS
Westingh Air Brake... 50
Worthing. Pnmo. pfd.100
10
30
47
Brokers'
otati ons.
Miscellaneous. Par.
U.
65
« •
Union Switch ASlgnal.SO
Alt.
60
& MI8QELU8
180
Trust Cos.
N. Y. CITY.
North Amer. 200
Oriental*
....
170
*453
Atlantic Tr. 330
230
Bankers' Tr. 805
Bowl'gGreen 14B* *
Ctl.Rlty BAT 250
800
Central Tr'st. 8000
190
180*
t
455
Peoples'*.... 225
100
475
ProdBxoh*.. 125
Republlo .... 225
Riverside*... 210
Seaboard .... 325
650
185
Shoe A Le'th 100
360
State of NY* 140
13th Ward*.. 100
105
!>•
Oity Trust.
*33l
.
Continental
•*•••!
Farm Ln ATr 1451 *
Fifth
.
Ave Tr 465
Guaranty Ti
•
•
.
680
.
MortonTrust
N Y L I A Tr
N Y Seo A Tr
North Amer.
325
Real EstTrt
StandardTr't
Tr.Co.of Am.
Tr.Oo.ofN.Y.
BB'KLYN.
220
Bedford*.... 310
340
Brooklyn* ... 110
......
8th Ward*... •!•••• 85
110
5th Ave*.... 100
First
••••• 335
King! Co*.... 100
.,,,,.
Manufaot'n. 385
Meohanlci*.. 190
Meoh A Tra*. 270
Merchant!'. 100
285
.,,,,.
375
Nat City
.,,,,.
North Side*. 170
......
People'!* «.. 195
205
Scherm'rh'n* 150
155
17th Ward*. 105
115
210
.
« , , a
350
Mercantile
800
Merobants'.. 300
Metropolitan 4S0
•••
150
115
23d Ward*.. 100
Onion 8q*.... 335
Side*. 375
Broadway*
*
Knlok'rb'ok'r 450
Manhattan
ii'6
West
Yorkville*..
330
390
930
>
Union Trust.
455
1300
750
380
300
335
302
195
1390
400
1400
237*
308
300
MOO
O 8 Mtg A Tr.
On it. States.. 1600 1850
Washington 300
BR'KLYN.
Brooklyn Tr. 412
Flatbush .... 165
Franklin..... 275
Hamilton.... 355
Kings Co
850
L Isl L ATr. 855
Manufaot'rs. 307
190
People's
330
WUliamsb'gh 800
338
810
asterisk (*) are State banki. I Purohaier also pays
* Sale at 8took «reb.or at auctlor this week.
Prtct per sha»#,
'
.
'
.
THE CHRONICLE.
1214:
Llli
[Vol.
—
Boston, Philadelphia and Baltimora Stock Exchanges A Daily and Yearly Record.
Sales
Share Prices— Not Per Centum Prices.
ACTIVE STOCKS.
of the Range of Bales in
I
Monday,
Dec. 10.
Saturday,
Tuesday,
Dec. 11.
Dec. 8
249% 350
250
155
850
160
343
155
155
....
196
184!* 134% 135
'143*148* 143
196
37% 37%
'87% 88*
46
46
138
46
•138
138W
86
26%
84
80
80
28*
23%
79*
13%
84*
•12% 18*
90
90
90
4<*%
....
38
38
46% 46%
138* 139
26%
26,
24* 3".%
80* 80*
13% 13*
90j*
90*
138*
2/
34%
81*
14*
90*
«9* •69% 70
•69
'.'!!!!
70% 73
20% 202
301* 203
aba'
71%
71
71% 71
10 1-18 E- 6 10 5-16 10k
7-16 3 %
31 13-16 2% 33
16% 17*
15 15-16 8*
in* 11
10% 11
7G% 70%
31 9-1*6 3
1
**
U«
•15%
II
11
WH
8
2
40
61
•58% 67%
6*
10r% 101
129* 129
63
%
«•
153
325
154
328
82
810
21
9
6*
7%
6%
188
s;%
no «pu
<"
14* 15
101
•126* 128
37* 37*
4% 4*
f.
STOCKS
asked
ort ei
isia.
Asa-
KAIT.RHAD8. — Prices Dec.
Lmer.R&Lwa (Phil) 50 34
tn A Cnariorte(Balt) 100 131
los 4 Maine pf.(Bost) 10C 170
14
NACTIVE.
iorcon
4
"
Prov.
100
100
100
10C
160
"
"
"
3o*n4Passum
"
loan Rivpr....
Jonso)TrPitts!(Phll) 50
"
50
Pref!
3a South 4 Fla.(Balt)100
"
100
1st pref
Jentral Mass...
Pref
"
100
3d pref
J'rmant'n Pass(PhU) 50
50
4T "
lestonv
"
60
PTef
10C
"
nds Street
S4M..(Bcst)10
I C Ft
"
100
Pref
jlttle Bchuylk.(Phil) 50
fains Central. (B s.ilOO
M
4 S H.iPhJ) 50
"
60
Cesc.uehon'g V.
"
50
iortn Perm
>ere Marqu'te.(Bost)100
flnehlll
"is*
63
168
275
85
63
46
96
74
149
48
78
"
.
MISCELLANEOUS.
LUouei Mining (Bost) 85
kn-er. >mentl(Phil)
I. 4 8
Lroadiau
(Bost)
kmold Mining. "
"
Atlantic Mln'g.
"
3altlc Mining..
.
.
leth Bt*el
41
105
57
165
59
.
100
139
88
100
•127
28
(Phil)
50
35
35
35
25
B0
fc%
39*
DomIoc48!
"
...
80*
13*
114
24* 35
Sa*
Aml.iPmu
60
Franklin Mln'g.(Bost) 85
Nnsral Bleat..
100
"
Pref
100
nd-Egyu Com! (Bost) 100
:ntB"ffj4ev "
10
lrtSP4Dynsm(PhU) 50
Jis o<-;tueV. (Bost) *5
ktanmfac Bub..vrnu> 60
"
Pref
60
Mary land Brew. (Bait) 100
"
Preferred...
100
8%
*H
11
2%
10
95
28
169
4
8. (Phil)
Westm rel Coal
Winona Mlnlng(Bost)
Wolverine Min. "
I
33
170
7*
27*
37% 88
3
9*
,,
27
36
132
38
l-<5
33
24% 24*
10*
10
1
3*4*
83%
8%
10
50
35
•
• • •
s*
SJ4
45*
45
35
{
99* 100*
10
i* 101*
88*
i 88
2115
116
i 78
81
i 60
«
•
• • s
Iowa Dtv 4s. 1919 A40 {108
Chicago J unc 5s.l915J4J Jll'X
M gu5s.'31M4N {101 108*
Cht 4
M gen 5s.'21 J4D {104* -3*
Curr't Rlv 1st 5s.'27 A40 { 9)
98
D G R 4 1st 4s.'46 A40 { 97
98*
Domln Coal lst6s.'13M4S «ll^»
Ch 4 No
W
1
E&st'n 1st M 6s g.'06 M4S {US*
Ft Elk4M Y 1st 6s '33 end {136
Unst'p'd 1st 6s. '33 A40 {136
in Steel conv 5s. 1 J AJ
Debenture 5s.l9 13 A4u
36
1%
8* 4
9* 10*
99
'
31st5sg.'25
A40
68
4s
...
i
M4N aoa%
1914 MAS
1916 MAN
Bait Beit 1st 5S.1990MAN
BaltCPaslst 5s.l91 1M4N
Bait Fundg 58.1916 MAN
Exchange 3*s.l930J4J
BaltAPlstBsml 1911AAO
1st 6s tunnel 191 1.. JAJ
Bal Trac 1st 5s.l929MAN
Ext 4 Imp 68.1901MAS
No Bait Dl v
•
98*
{
95
96
E C Ft S4G 1st 7s.'08 J4D {113* U4
E C F oAMoon 6s.'28M4N {113* 114
98
S C M 4 B 1st 4s.. '34 M48 i 97
74
Income 5s
B C4 M Ry4B 5s.'29 A40 #105
EC8tJo4CB7s.'07 J4J #118
•ess
114*
81*
Jan.
100* Nov. 88
20
June 2
May
756
76
1C6%
L RookAF 8 1st 7s.'05 JAvj i 104
Mar U A Ont 6s._'25 A40 1118
Mei Cent 4s g.. 1911 J4J i 80* 81
37
1st con ino 3s g non-cum
37*
3d oon lno 3s non-cum..
13
13*
29
95*
844 107
8,364 135
14* Mar. 19
100
1,813 42
36 695
7,583 13*
1,793 50
501 38*
788 95
16,303 39%
749
Jan. 39
78
1
Nov. 19
l%r»eo 14
3»*D»c
35
Act. 27
Nov. 31
N.v. 31
74
88
40% Mar. 81
19% Mar. 30
fc4* Mar.
35
Jan.
5
81
3* Nov.
1* Jan.
16
137%
118
8
3
Jan.
4
Jan. 10
N
v. 88
Oct 17
Nov. 37
Dse. 1
*
Sept. 36
5
3
Feb.
62* Jons
Mar.
18
51
Mar. 31
132
Feb. 38
57* Feb. 3
58% Nov. 8
IS
Jan. 88
Jane 35
June 32
Ju e 35
6
t
80* Mar.
Ma; 89 340
43
14
18* Dec. 14
13* Mar 4
OC- 1 161
Jan. 18 341
4
97
Jan.
4 35 251
77,393
3,770
Feb. 14
81* Dec. 7
2
Jan.
Dec IS
8
O.t
9*
498 '4*080 11 81*
249 96 Oct,
03*
49 121 Oct. 4 140
8,860 14 Mar. 14 38
Oct. 33
UCt. 83
5
Mar. 83
7
Nov. 36
fc
Jan.
BONDS
5s. 1 94 2 J
AD
A40
Clty43ub lst5s.l922J4D
Cuy48ub(Wasa)l8t5s'48
Col4Gmvlst5-6.1917J4J
Consol Gas 6s.. 1910 J4D
103
97
111
102
120
. «
1
111%
-•ess
103
123
120
119
107
135
67*
tr ctf s
M4N
J4D
BergAEBrewlst6s'21J4J
B Boro Gas 1st 5s.'3SMA
Cambria Iron 6s.l917J4J
Che8ADCanl8t5s.'16JA
ChocOkAG gen 5s'19J4J
106
i*08%
116* 119
106*
106*
Maryland Brewing 6s ...
59* 60
MetSt(Wash) 1st 5s 25FA 120 122
New Orl Gas 1st 5s...Yar
no
78
i'ia%
106
1910 MA:
1923 J4D
188
J4D
43
NYPhllANorlst4s'39JAJ
Income 4s... 1U39 MjeN
No Penn
1st 4s.. 36
GenM7s
81
MAN
109%
125*
1903JA
Penn gen 6s
r... 1910 Var
Consol 6s 0.... 1905 Yax
Consol 5s r.... 1919 Var
196
Penn A Md Steel oon 6s
Pa 4 N Y Can 7s..'06 J4D
97%
* • • (
5*
S
*
108%
108
10
Trust oertfs 4s
97*
126* 127*
97
109
89
108*
116
Phlla Blec gold trust otfs
est
97
PotomYallst5s.l941J4J
SecAvTn(P1tts)5s'34JAD
8av Fla 4 West 5s '34A40 113* 114
79%
99% 100%
1,
1939 A40
1939 AAO
Penn Steel lst5s.'17M4N
People's Tr tr certs 4s.'4.<
111
I
Edison Elec 5s stk tr ctf §
ElecA Peop's Tr stk tr ctf
ElmAWUm 1st 6s.'10 JAi
Income 5s... .2862 AAO
Eq 111 Gas-L Istg5s.l92Hestonv M A F con 5s. '24
H4 B Top oon 5s.'25 A to
Indianapolis Ry 4s.. 1933
E C Sub B 1st 6s..'20 J41<
Lehigh Nav 4*9. .'14 y-j
RR4sg
1914 Q-F
Gen M4%sg.. 1924 Q-r
17
Cons 5s
Cons 4s
NewpNAOPlstSs 38MAN 105% 107
•
1
M 5s.'2C MA
New'kConUas5s'48JAD 105
Newark Pass oon 5s. 193'
114* 115
109
187
111*
1st
Annuity 6s.
Nat Asp.* alt col 5i
103
117
NorthCent4*s.l925A40 11>*
109%
11s"
103%
2d 7s.
Consol 6s
105
101
'67%
114
Leh V C'l 1st 5s g.'SS J4J 104% 04*
190
Leh Yal ext 4s.. 1948 J4L
88
GaCarANlst5sg.l929J4J
&«orgiaPlst5-6s 1922J4J 125%
GaSoAFla lst5s.l945JAJ 114 114%
EnoxvTrao lstSs "38A40 95
96
Lake R El lstgu5s'42MAS 117
UuEl L.4Plst4*s'29M4N
Asphalt Co 5s
Cit's'8tRy(Ind)con5s.'3.5
Colum St Ry 1 st con 5s. 8
Con Trao of N J 1st 5s..'3.
Del A B Bk 1st 7s.'05 FAA
118
115%
106
Seaboard A L 4s 1950....
Loancertfs 1908
Seab A Roan 5S.1926 JAJ
119
Bonds— Philadelphia
AUeVyEext 7sl910 A40
'
123
Ga 4Alalstpf5sl943AAO 106
JAJ
6s 1904
Series A 5s 1926....J4J
Series B 5s 1926.... JAJ
Pitt Un Trao 5s.l997 J4J
115* lie
••••
WestYaC4Pl8t8g.'llJ4.i
Wil 4 Weld 5s. 1935 JA>
BastAA
ill'
Ask.
l
1939J4D 113% 1)4%
Norfolk St 1st 5s '44. JAJ
bio.
Baltimore—Conolu'd.
WestNCcon8s.l914 J4j 119
Balls Ter 1st 5s. 1928
107
'
UnRy4
*
16,413
4
139* Aug. 80
39% Apr. 87
Mar.
1*
63,533
Deo.
Nov. 87
3i
Sept. 34
Aug. 13
Mar. 9
Atl City 1st 5sg..'19
••*•••
i
Conv'rtlble5sl906M4N 100
Central Ry 6s... 1912 JAJ
Consol 5s.... 1932 MAN 118
Ext 4 Imp 5s. 1 932M48 117
Chaa City Ry 1st 5s '23J AJ 108
97
Chas Ry G 4 El 5s 99 MAS
ChariCAA ext5s.l910J4J 108
5s.
5
4C% Nov. 97
.
MaconaNlst4*i'90M43
J4J {108«
Suk fund Is.. 1910 JAJ alOO
Ch Bur A W 4i .1922 F4A hoo
KCC4
St 5s. .'02
2d 7s 1910
Adjustment g 4s. .1995
Boston Term'l 3*s.. 1947
Bos Un Gas 1st 5s. '39 J AJ
1939 J4J
3d M 5s
Bur4 Mo Rlv ex'pt 6s. J4J {116*
6s. '18
65
#103
#108
i
.
8*
2*
3
2
* • • -
«
04* 104*
1
Bonds— Baltimore.
5«
Anacostla 4 Pot
98
Atl 4 Ch 1st 7S.1907 JAJ 117%
AtlG-Lightlst5sl917J4D
Atl Coast L ctf s 5s .J AD
S3*
35
85
25
"
i
lstmort8s.. ..1905 JAJ #109
Rutland 1st 6s. .'02 MAN 2103%
Torrington 1st 5s 1918... i
4*s
Deb
Apr. 18
....
.
Utah Mining.. (Bost)4-85
111
220
15
.6*
169* 17t*
146
8
"
"
A40
N Y4NEnglst7s.'05J4J
West End
....
74
"
85
(Bait) 50
United Fruit (Boit) .100
Mach..
47*
47*
Sk
1*
Nov. 91
Nov. 17
70
8,848
1,771
Bid. [Ask
1907
6s
W
%
oncouEl.(PhU) 60
*um,L Hi in. (Bost)lOo 217
73
UnK L4Powpf
Non-«xempt
188*
9*6'
113
"
"
139
146
128
40
Oct. 35
'
-
Bonds— Boston.
17%
H
....
a* Am BeU Tel 4s. .1908 J4J
A T48 Fgeng 4s. '95 A40
IS
Im"
1C
"
USPHorseCoUPhti)
88*
JeLong
4E "
"
Dlani state 01
Coaln* (Bott) 100
"
UnCopL4M'g
Warwick
5*
13
"
!
US
27
45
88
80
Dan v. Bessemer
NewHavI4
Un Shoe
aik
"ii
5
86
49
iBost) 100
Tidewater St... (Phil) 10
Torrtngton"A"lBost) 25
"
Pref
25
14
8*
"
Central Oil
Jon. Lake Sup. (Phil)
"
PTSf.
..
167*
88
135
"» 8-""
Boston— Concluded.
190
NewEng congen5s'45J4J
187
N E Cot Yarn 5s 1929F4 A
8* 2%
12
13* NEGas4C 1st 5s .1937
NewEng Tele 5s. 16 A40
VewEngGs4C
"
BONDS
Ask
Jan.
11,689
2
Jul? 30
6% Jan. 8
8,8 8 *105 8»pt.
160* Jan. 11
9
490 11% Dec.
3f
Jan.
(Phila.) ....100
950 20 uo
49% Dec 10
Mlg... (Boston).... 50
1,53
40 Jan.
54* Dec. 13
"
t
....
118 81 Jan.
Aiar. 18
,.,
»Ex rights t 150 paid tn. I 95 paid.
BlQ.
9usqueI4S!..(Phll)
5
8M ....
Tamarack Mln.(Bost) 25 990 282
113
i-14
202*
50
.(Boston).... 25
MISCELL.—Concluded.
43
110
32*
1
July 17
I
"
.
STOCKa ouiNua
3*
73*
60%
"ia
38
ISO
<
254
180
249
.
54* Westingh. Electrlo 4
65* Preferred
3
9«*
8tates Oil
Welsbach Co
49
a 9 15-16
Pref
Mining....
113
4%
121% United Gas Improvement !.
12* United
Mar.
Jan.
Jan.
Apr.
Jan.
73k Nov. 81
H3% Nov 86
209* May 1
....100
"
.... 25
Philadelphia Eles.l 2* paid (Phila.)
1
76
Highest
10,987 119*
701 131 Mar.
87 122 Jan.
3,493 89 May 15
1,738 39
May 15
503 110 Jan. 2
18,848 21% Sept. 35
9,551 15
4
Jan
4,710 72* =ept. 27
2,473 10* Sept. 81
138 83* June 39
1,725 15* Sept. 39
70* Jui e 25
138 301 Oct 26
1,433 82* Sept. 32
33,437 7 7-l68epU 24
33.8:9 24 9-16Jan. 10
17,617 12 8ept, 2
1,860
8
Juiy 1O
1,57
20* Sept. 38
8,858 11* Jan.
9
963 70* June 25
13,329 83* 3e >t 34
7,*57 15* Sept. 25
838 91% May 49
.
.
13)
New England Telephone
27* 27* Old Dominion Copper !...,,,
•138
8
e-%
Jambrla Iron. .(Phil) 50
Janton Co
(Bait) 100
^n ten Mining. (Bost) 35
made.
'•
. . . ,
10
105
XleoLM Bost) 100 183
liscCoof
103*
35
25
Palmetto Co.... (PhU) 85
ParrottSil4Cop(Bost) 10
PennEleo Veh.(Phil) 50
"
Pref
50
50
Pennsyl Salt... "
Pennsyl Steel!. "
" 100
Pref!
"
Phla^o
50
PiartsrsCjmp!(Boit)l00
•'
25
vnincy Mining.
Rhode IslMin.. "
85
Santa Ysabel G "
5
371
loston
14* 14*
100
138
27% 88
59*
88%
6
6
flk
ICO
123
20
58%
56*
'k
6*
14* 14*
8*
Old Col Mining.
Osceola Mining.
(Phil) 100
85
JnPow4 Trans "
West End pref.(Bost) 50
ffest Jer4 8 8.(Phll) 50
50
WestNY4Pa. "
Wis Cent, new.(Bott)100
"
Pref
100
"
100
F/or Nash 4 B.
Traction
lys Co General!
?hila.
Liner.
7*
6*
81*
800
SoAmGDredg(Bost)
14*
34*
A N.(Phll)
J.
15 <*
827
5
69
N
154
338
Yds.
Gulf.. (Phlla.).... 50
Preferred.
Fltchburg, pref
Lehigh Valley
3. (Phil)
33%
United
153
326
.•TTelPuhone
68
Germ
1%
126* 127% 124* 126*
115 118
115* 116
iirfcwntbaier
175
300
100
50
50
"
Pref
•hil
73
1%
"
"
"
)
36*
36
79
48
188
....100
....100
....100
....100
....100
,
91% 98*
93
"
"
.... 50
(Boston) .... 100
26% 27k
(Phlla.) .... 50
25
25% Massachusetts Elect. Cos. !. (Boston)..., 100
•79* 81
Preferred!
....100
•13% 14 Mexican Central
....100
9'* Northern Central
•91
(Bait.) .... 50
•73
73* Northern Paciflc
(Phila.) ....100
•83% 88
"
Preferred.
....100
'203
901 Old Colony
..(Boston)..,. 100
71
71% Pennsylvania
(Phila.).... 50
I1U Heading Company
••
11
.... 50
,
S3
34% 1st preferred.
"
.... 50
"
17% 18* 3d preferred
.... 50
10* 10k Saaboa-d AT Line
(Bait.) ....100
28* 38* Preferred
"
,...lu0
71% 72% Union Paolflo
..( Boston .... 1 00
83
81
"
Preferred....
....100
38* 36* Union Traction, $17% paid. (Phlla.).... 50
17% 17* United By 4 Blec. Co....... (Bait.) .... 50
93* 93* West End Street.
(Boston).... 50
>Ilacellaneoiis Stocks.
9'% Amalgamated Copper! .....(Boston). ...100
90
"
36* 28-, Amer. Agricul. Chemical T..
....100
"
....100
79* 79* Preferred!
American Alkali
1*
(Phila.).... 50
'%
"
.... 50
* Preferred, $10 paid
122* 123% American Sugar ReflnlngT. (Boston). ...100
116
116
"
Preferred!
....100
157
158
Amer. Telephone 4 Tel. Co.!
"
....100
325 337
Boston 4 Montana
"
.... 25
80
79
Butte 4 Boston
"
.... 10
8C0 805 Calumet 4 Hecla
"
.... 25
19% 20* Cambria Steel, 84* paid .... (Phlla.) .... 50
59* 59* Consolidated Gas
(Bait.) ....100
,
33* 33 Dominion Coal
(Boston). ...100
100
103% Erie Telephone.
"
....100
"
51* 5 % Federal Steel.
....100
57* 5;% Lehigh Coal 4 Navigation. (Phlla.) .... 50
"
...,100
6* z* Marsden Co!
,
6
"
6* N tlonal Asphalt !
....50
"
Preferred!
.... 50
100 100 NewEng. Cotton Yarn, prof. (Bos ton).,, ,100
133
138
26* 24*
79%
1% 8
8%
6%
101
101
Lowest.
815 238
321 t95
2 341
91 187
(Boston).. ..100
"
....100
Preferred
39% Choctaw Oklahoma*
4%
4% 4%
** 4%
4% 4*
12t
134
121* 124 124
121
131
12% 12* •12* 13
12
12
11%
12* 12*
46
47
43
49% 49%
47* 48
•54% 55
53
64
•53% ......
64
54* 53%
•64
65
65* 63* 63* 65
65
85
85*
•64
Wlr
185*
186%
115* •Ill* 115*
151
325
101
128
26
81% 27%
4* <%
123% 123%
12* 12k
4
79*
125!*
7%
6%
9
63
138
154
835
80
81
80* 81* 80
800
810
800 800
800
20
20
20
30
20* 1*%
59% 59* 54
59*
58* 58k
59*
38
S3* •33* 3?
3-.% 3i*
•3S*
104 1C4
1"4
104
104
103*
52
5 % 53
53% 53" 53* 61*
67
67
57* 57* 56*
104*104*
6%
72
38
48* 46*
79
3*5
79
800
825
77* 80
800 800
19% 20
full paid..
Boston
Boston
121
134
38
46
138
127
2?% 37
26% 26*
21% 31% 34* 85*
80* 80* 80% 8 k
13% 13* •13% 13k
91
91
91* 91*
72
73
71* 71*
201* 2 r 2
303 303
71 8-16 71%
71
71*
10% 11 10 9-18 10%
16-16 3* 33% 33 3-14
33
18% 17*
b
10% 11
10% 10*
89
29
88* 28%
72% 7i% 73* 72*
81% 82* 81% 81%
85* 35% 3?% 86%
18% 16% 18% 17*
93% 93% 93
93
87
1%
884
•48%
138
344
196
•341
127
88
41% 46*
25
78
122% 18°%
k.15 115* 115
1*6* 150
164
9
247k 247k Boston A Albany
156* 156* 154* Boston Elevated,
350
350
•155
•348
196
155
84 3
16 7
•37% S3*
93% 93%
27
79
8
86
•77*"
18=1%
49
155
93
93
27
•77% 78*
2% 2*
•88%
319* 250
343
8t% 81*
81* 3'k
18* 16%
93* 93*
78
Shares
Railroad Stocks.
91% 92%
81
84% 84*
in* 164t
98% 93*
91
•85
38% 23%
1900.
Week.
T Indicates unlisted.
Dec. 14
Dec. 13.
Dec. 12.
3s* 2«k
71% 71*
8i*
80
34% 31%
16% ie%
93
93%
28*
70* 70*
•
155
Friday,
4 Lowell
19?
196
196
& Maine.
19** 196
135* 135k 136% 134% 137* 136% 137* 13B* 133k Chic. Burl. 4 Quinoy
'144
144 145*
•144
148 143 Chic June 4 Un. Stock
145
143
145
'343
196
21P%250
155
•243
196
Wednesday Thursday,
69
%
PbAEr gen M 5g.'20 AAu 130
Gen M 4s g..l930 A4<<
Ph 4 Read 2d 5s.'S3 A*. 'l89'
Consol
M
7s..
1911 J41
Con M 6s g... 1911 J4.
Ext Imp M4b g.'47 A4>
Con M of '88 4s.'87 J*
106* 107
Terminal 5s g.1941 u-i
73
98
i'si*
PWHABalt4s.l917A4'
90
109
Collat trust 4S.1931 J4.I
97%
Bl lst4s'4k).MAS
97*
3d series 6s.. 19 11 M48
3d series 8s. .1916 M48
4th ser 3-4-5S.1921M48
6th series 5s.l926 MAS
Ya (State) 3s new.'38J4J
Fund 6ebt3-3s.l991J4J
in*
190
188
118
113
..••*.
Bead Co gen
4s,
1997
J
A'
78* 78% Rochester Rycon5a. 193i
Income 4s 1949.... J4D
SchRESldelst5sg'35J4D no*
Ylrg Mid 1st 68.1906 M4S no
•
96
95
s • •
• *
.
• • e
96*
95*
SoranTrac lst6s'32M«N
United N J 4s..l944MAc
rnTracPttts gen•^•'0'7, *
sbachsf 5s 1930. J AD
We
lAnd
interest.
•Price includes overdue
..«•
115
.
74%
'81
. .
..*
pals.
.
...
'.
.
December
15,
.
.
9
1
. . ..
.
.
.
..
THE CHRONICLE.
1900.]
Railroad %utzlliQmtz.
auxl
Itnrjestmjeut
1215
RAILROAD EARNINGS.
The following table shows the gross earnings of every Steam railroad from which regular weekly or monthly returns
can 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 snch latest week or month.
The returns of the street railways are brought together separately on a subsequent page.
Latett Broil Earning!.
ROADS.
Weekor Mo
Current
Tear
S
October
16,170
44,033
Ala. Gt. South.. IstwkDeo.
82,901
Ala. Midland.. Beptem'er.
Ala.N. O.&Tex aB Pao. J ox o.—
65,000
N.O AN.E... ithwkNov
39,000
Ala.AVlcksb 4thwkNov
35,0o0
VlckB.Sh.AP. 4th wk Nov
298.335
Allegheny Val. July
IstwkDeo.
31,819
Ann Arbor
Adirondack
October...
Jan. 1
Previoui
Current
Tear.
Atlanta AW. P. October ...
At.ValVstaAW November.
Austin <sN'west October...
Bait. & Lehigh. October...
Bait.
A Ohio.
.
>
B.AO. Sou'w.
5
November.
Bang'rAAro's'h Septem'er.
Bath&Ham'ndi- October...
Bellefonte Cen. November.
BrldgtonAS.R. Septem'er.
Brunsw'kAW'st septem'er
Buff.R'oh.APltt IstwkDeo.
Buffalo
A
October...
Bubo.
Bur.C.Rap.AN ithwkNov
Canadian Pao. IstwkDec.
Cent. of Georgia IstwkDeo.
October...
October...
October...
Central N.E....
Central of N. J.
Central Pacific.
Cent. Pa. & W..
AUgUBt
Gharlest'n<fe8av October...
Chattan'ga
Ches.
so.
A Ohio....
&
•
|
thwkNov
IstwkDec.
Alton.. lOotot-er...
Chlo.
Chlo. Bur. AQ. October...
Chlo. A East. 111. IstwkDeo.
Chlo. Gt. West'u IstwkDeo.
Chlc.Ind.AL... IstwkDeo.
Ohlo.MlJ.AHt.P. IstwkDeo.
Ohlo.A N'thw'n. October...
(JJilo.Peo.A8t.L.
i
8t.L.C.A8t.P.
Chlo. R'k
LAP
Novem 'r
October
. .
Tear.
S
t
17,369
46,201
78,539
68.000
37,000
31,000
306,73*
28,557
5,352
Chlc.St.P.M.&O October...
Chlo.Ter.TrRR IstwkDeo
Ohoo.Ok.AGuli November.
Cln.N.O.AT.P. IstwkDeo.
Oln.Ports.AVlr November.
01.0.Ch.A8t.L. IstwkDec.
Peo. AEast'n IstwkDec.
CLLor.AVVheeL IstwkDto.
Col. Midland.... July
Colorado A 8o. October
. .
Col.New.ALau ctober ..
OoLBand'yAH. IstwkDeo.
Cornwall ALeb. October...
OumbTd Valley
Deny. A Rio Gr..
October...
lBtwkDeo.
DenverABo'w'n Beptem'er.
Det.&Macklnac October...
Dul. A I.Rauge. October...
DuluthB.s.AAtl IstwkDec.
E. St. L.
A Car..
November.
ElglnJol.AEast November.
October...
Brie
Ev'ns.AInd'pllB IstwkDec.
Evansv. &T\H IstwkDeo.
Find. Ft.W. AW. November.
Ft W. A Den. C. 8eptem'er
ItW.ARioGr.. istwkDeo.
Gads. AAtt. U.. November.
IstwkDeo.
Georgia RR
Georgia A Ala. June
Geo. Ho. AFla. November.
|
Gila Val. G. AN. October...
Gr.Tr'nkSyBt./. IstwkDeo.
-
;
1,750,14 8
725,949
663,723
1.935.087
1,589,598
55,88*
66,134
40.1 14,773
1,8"2,585
403,009
5^3,510
69,932
16,420
197,777
20.527
159,398
120,58o
15,893
3.832,324 3.451,689 10.709,873
963.8C0
128,996 117,927
2S,7b5
10,561
8,509
39,527
4,811
4,187
29.440
3,359
3,747
501.841
52,327
64,632
97,279,228 5,322,574
533,432
82,695
78,827
127,98c
131,955 4,433,6*7
6m9,OOo 28.033,270
681,0
142,701
137,532 6,078,913
557,030
58,964
68.168
61028815 £1443536 12,547,25*
1,893,414 l,88B,19o 15,642,987
16.648
2,814
2,406
610,067
53,029
45,034
94.149
2,826
2,734
287.261
307,396 13,430,92*
800,493
700,011
5.164,236 4.816,612 40.412,998
140,683
131,058 4,936,764
126,661
125,497 6,388,742
77,095
74,12* 3,8o7,57e
800,917 852,947 38,709.579
4,184,225 4,270,02j 35,762,31
123,028
Week or Mo Current
Tear.
1,285,373
Jan. 1
to
Latett Date.
Previoui
Current
Previoui
Tear.
T*zr.
Tear.
S
160,399
1.925,6s
715.618
74,708
20,260
32,091
15,236
124,132
ROADS.
Previoui
Tear.
5.405
8,806
8,481
Ark. Midland.. August
Atch.T.AS.Fe. October... 5,070,447 1,509,943
Atlanta A Char deptem'er. 224,791 201,601
36,4,1
39,261
Atl.Knox.ANo November.
An.WaH.&Bal.
Latett Grott Earnings.
Latett Date.
to
%
170,433
1,849,*25
612,973
1,523,875
702,3
619,904
1.750,896
1,512,546
52,364
78,175
34.8C0.723
l,628,5o3
J65.152
524,814
115,126
123,427
118,950
1
34,695,951
793,010
30,905
31,105
LonglslandRR. Septem'er.
Long Is. System \ugust...
Los Ang. Term. November.
Louls.Ev.A8t.L latwkDeo
Lou.H.ASt.L. 4th wk Nov
Louis. ANashv. istwkDeo
Macon A
November
Blrm..
November,
IstwkDec
Ootober
IstwkDeo
Beptem'er
Manlstlque
Mexican Cent.
Mexloanlnter'l.
;
Mex. National
Mex. Northern.
Mexican Ry... Wuisov24
id wk Nov
Mexican So
Minne'p.ASt.L. IstwkDeo.
M.Bt P.AS.St.M IstwkDec
Mo.Kan.ATex. IstwkDec
Mo.Pao.AIr'nM IstwkDec
OentralBr'oh. istwkDeo
IstwkDeo
Total
Mob.Jac.&K.O. Wk Deo. 8.
;
;
Mobile A Ohio.. November
Mont.AMex
November
G'f
492.450
Nash.Ch.ASt.L. November.
Nevada Central Beptem'er
3,802,921
649,579
4,539,365
Y.C.AH. R.. November
N. Y. Ont. AW.. October
N.Y. Susq.AW. October.
27,081
26,94-), 820
5,355,284
597,457
12.311,182
15,142,059
14,425
562,021
75,132
ll,636,6sl
37,750.012
4,553,154
5,966,495
3,599,276
37,824,179
34,440,571
1,182,028
2,615,839 2,367,734 20,970,991 18,743,397
1,236.483 1,144,724 8.526,844 8,694,525
28,601
1,165,314
24, 111 1,272,13
*358,391 •130,326 •2.870,753 * l,6n8.349
88,828
94,488 4,662,979 4,483,954
357,253
298,349
35,468
31,154
371,186 347,499 16,110,50b 14.454 495
43,757
46,850 2.217,068 1,925,909
34,362
35,223 2,001,208 1,705,876
935,931
179,20a
151,911 1,286,290
467,518 415,310 3,698,881 3,238,209
145,484
129,444
16,716
15,506
780.376
22,146
19,220 1,023,875
18,291
245,753
204,619
23,074
774,013
92,913
851,235
91,892
220,000 204,000 10,268,613 9,017,212
200,97* 209,083 1,848,669 1,529.278
63.404
612,239
51,757
773,762
459,773 522,509 3,980,490 3,581,920
43,064
44,952 2,419,628 2,248,521
146,800
131.866
14,104
13,278
137,147 143,965 1,788,862 1,640,627'
3,158,337 3,489,190 30,915,736 30,228,099
312,807
340,109
5,829
7,254
25.80a
27,788 1,319.926 1,313,810
108,419
9,140
98.297
10,045
163,074 143,806 1.198,854 1,118.700
450,786
12,622
501,595
8,756
11,658
1,296
14,267
1,755
36,763
33,090 1,635,619 1,496.251
583,820
93.236
645,476
88,519
948,833
102,005 105,* 65 1,095,725
316,1-4
336,649
S2.133
30,335
533,380 548.381 21.632,468 20,9*6,247
891,901
24,990
888,087
23,730
Det.G.H.AM. 3d wk Nov
Great North'n—
St. P. M. A M.. November. 2,172,948 2,: 09,345 20,913 ,113 20,159,797
East of Minn. Novt mber. 383,158 422,700 3,683 ,684 2,961,387
Montana Cen November. 158,711 214,140 1,797 ,105 1,830,*52
Tot. system. November. 2.714,817 2.946,185 26,393 ;902;24,951,436
98,933 4.338 ,265 3,313,146
Hooking Valley IstwkDeo. 108,660
Houe.ATex.Cen October... 665,366 472,614 3,235 ,310 2.960.313
minolsCentral. November. 3,109.956 2,821,763 31,387 ,115 27,285,329
Dllnols Soutu'n October ...
11,199
389,215
436,857
63,836
Ind.Deo. AWest August...
57,245
Did. ni. A Iowa. October...
92,708
109,457
97,738 3,841,105 3,85i",875
DxAGt.N'rth'n IstwkDeo. 100,379
72,300 3,577,300 3,570,130
{Inter oo. (Mex.) WkNov24
76,000
60,414 2,016,370 2,099,755
56.312
Iowa Central. 4thwkNov
58,000
58,4 9
6,719
4,341
Don Railway... November.
628,500
791,008
14,409
Kanaw'aAMich IstwkDec.
15,649
153,474 5.389,943 4,812,657
K.C.F.8c'ttAM. 4thwk Nov 159,19
42.365 1,621,571 1,407,011
KC.Mem.ABir. 4thwkNov
55,468
319,422
353,337
41,143
Kan. C.N. W... November.
36,723
90,194
Kan. City Sou.. IstwkDeo.
93,771
10,7 29
10, 63
K. C. 8ub Belt. IstwkDeo.
449,496
421,530
40.868!
Denlgh A Hud.. November.
35,340
Lehigh Val. RR. October... el645122 C2475563 20,145,896 19,845,473
Leh. V. Coal Oo. October... e679,000 e2418,356 14,669,9x3 15,26 i, 300
L. AW.-B. Coal. Ootober... e471,018 elli9349 7,623,768 7,105,657
210.664
292,4591
31.070
23.983
Dex'gtonA Eant October...
.
1
J
]
!
N.
.
Norfolk & West.
North'n Central
Northe'n Pao.d
Ohio River
Ohio Southern.
Pao. Coast Co...
Pacific Mall
Pennsylvania?.
IstwkDec.
Ootober.
4thwkNov
646,972
626,900
9.4 18
18,2 14
6,068
37,998
15.355
592,020
547,8*0
9,601
3.20m
8,528
6.897
290,985
4-3.923
135,620
68, XI*
89,100
15 52o
62,289
85,333
323,843
603,000
23,000
626,000
3,244
C547.5O0
100,724
a592,561
2,970
4.8^9,223
e282,0*2
e94,339
290,497
618,107
882,439
3^8,206
390,772
38.891
2 ,039
IstwkDec
July
52,547
October.
470,686
October
292,194
October... 7,718,578
61,008
Penn&No'w'n. Ootober
142,b35
Pere Marquette istwkDec
Peo. Deo. A Ev. 4thwkJuly
23,161
Phlla. A Erie.
Ootober
489,194
Phil. Wllm.AB. October
946,781
Pltt8.C.C.ASt.L October... 1.694,225
53.764
Pltts.Bes.ADE. IstwkDec
Pitt. Ch.AY'ny. Septem'er
16,07 6
Pltts.Llsb.&wn June
4,809
166,260
Pltts.AWest'n.. Septem'er.
103,769
Pitte.Cl.ATol. Septem'er
47.750
Pitts. Pa. A F. Septem'er
Total system. 4thwkNov
87,731
. .
Reading Co.—
Phil. A Read. Ootober
134,7158,307
98,6 »0
14,036
56,735
94,137
286.77c
571,000
20.
591,000
2,201
C572.800
86,13fc
o588,02b
1,955
4,795,492
e454,26f.
e239,84
240,264
772,407
883,911
27,110
55,710
502.498
310,616,97 6,278
57.071
132,469
25,610
610,990
991,981
1,739,726
26,934
17,919
4,088
168,445
89,821
38.500
92,052
3,583,759 3.502.687
3,281,092 3.252,402
14 3,028
106,797
1.879 923 1.691,373
588,944
547,*53
25.976,654 24,182.927
86,819
62,509
99,65
77.733
16.115,220 14,480,362
4,410.47.
3,804,419
7,277 416 6,539,*68
507,675
60^,192
4.063.3C0 4/98,400
741.15
671,814
2,752,413 2 640,512
4,39 ,86^ 4,391,395
12,455,786 11.417,348
28,164,03* 26,085,9*4
1,257,639 1.181.500
29,421.671 27,2b7.494
121,9o7
76,715
C5,42»,794 e 4,825 821
I,lb2,0l9
1,259,103
a6,435.017 o5,871.555
25,2 4
17,914
50,60 ,703 47,704.635
3,924,945 4,040,695
1,841,571 2,119,116
14,010,040 11,863,924
6,316,071 5,841,971
29,048,356 26,618,065
1,364,513 1,114,654
455,501
401.934
4,453,563 4,289.476
3,066,769 3,076,708
69.970,484 59,437,784
580,096
556,854
7,602,702 6,816,358
524.544
464,332
4,692,810 4.309.384
9,412,987 8,727,287
15,703,174 14.736,882
2,267,153 1.708.338
143.923
135,716
29,003
22.854
1,657.768 1,447,762
-
1
948,439
397,294
3,643,429
762,695
318,742
3,142,305
C1878281 e2517143 22,108,910 20,046,571
Coal Alr.Co.. October... el021046 e3389460 19,523,9c b 22,574.204
Tot.both CVs. October
2,899,327 5,906.603 41,fc32,816 42,620.7 75
Rlch.Fr'ksbAP October
82,694
76,902
853,115
774,965
Rio Grande Jot. Septem'er.
45,623
402.351
58,780
308,727
Rio Grande Bo. lstwkuec
11,247
10,981
510,64*
4 65,878
Rio Gr"de West. IstwkDeo.
64,800
68,000 4,495,675 3,597,539
130,650
133,227 1,135,984 1,149.641
8t. Jos. A Gr. I. October
13,495
Bt.DKen'etASo November.
9,985
101,203
92,624
St. L. A N. Ark. October...
7,152
6,559
70,937
51, 36
St.DVan.AT.H November. 157,139 167,415 l,77o,218 1,696,906
St.L.A8anFran IstwkDeo.
166,712 140,111 8.263,600 7,118,771
Bt.L. Southwest IstwkDec.
168,690
143,708 5,927,33b 5, 37*. 313
Ban.Ant.AA.P. October...
345.634 263,567 1,-509,965 1,666,135
SanFran.AN.P November.
86,482
76,090
918,140
877,742
19,-; 00
B.FePres.APh 4thwkNov
21,618
890, 04
825,707
Bav.Fla.AWest October...
426,427 860,953 3.90., 007 3,233,705
Seaboard Air L. July
824,124
718,911
5'68,308
8her.8hrev.A8o IstwkDeo.
22,569
11,093
345,242
Sll. Bprs. O. A G. Septem'er.
ll,4b3
23,052
197,471
241,885
So. C.A Ga.Ext. iNovember
21,446
244,936
26,428
208,822
Bo. Haven A E. Septem'er.
52,160
15.605
6,432
33,c98
Bo. Miss. A Ark. November,
168.947
16,777
16,038
118,427
8o. Pacitio Co. b.| October... 6.719,600 6,069,598 53,411.105 49,896,659
Cent. Paoltlo.. October.. 1,893,414 1,888,195 15.642,987 15,142,059
Gal.Har.A8.A October...
643,264 563,829 5,125,031 4,910,615
Louls'a. West. October...
116,182 1,180 073 1,116,490
163,7 70
Morgan's LAI Ootober
818,964 687,697 5,629.877 5,540.242
N.Y.T.AMex. October...
80.528
34,435
225,76
237,^41
Tex.&N.OrL.lOctober
242.569 137,855 3,7*4,627 1,53.4,146
So.Pao. of Cal. Ootober
1,745,488 1,650,679 14,7695.6 13,413.611
So. P'o.of Ariz. October ..
337,162 339, <5b 3,097,963 2,^60,386
So.Pao.ofN.M October...
182 421
181,74* 1,659,871 l.H/,782
Southern Ry.... IstwkDeo. 680,379 643,213 30,09O,*3l 27,369.110
TerreH.AInd.. November. . 132,684 136.0-J8 1,475,831 1,388,162
TerreH. APeor. November
37.304
461,688
47.150
394,824
Texas Central. "thwkNov
442,917
20,? 94
11,648
3o5, 78
Texas A Pacitio. IstwkDeo. 242,246 208,451 8,633,917 7,624,739
14.00c
Tex.8.V.A N.W. Novemher.
16,000
109.180
77,968
Tol.AOhloCent. IstwkDeo.
50,207
44,329 2,3b5,l< 8 1,87^,555
Tol.P.AWest... IstwkDec.
21,150 1,044,276
'.60,608
21,549
ToL8t.L.AK.C. 3d wk July
37.225
42,036
965,729 1,038,170
Union Pao. RR.. Septem'er. 2.398,063 2,218.164 17,458,89b 15,352,404
Oreg.RR.AN. Bepiem'er. 756,518 680.311
Oreg.Sh.Llne Septem'er
880,489 749,804 6,637,321 5,707,585
Total,
October.. 4,537,97 8 4,182,654
Wabash
istwkDeo. 3*3,062 320,379 15,681,971 14,533,870
W.J 'rsey &8ea'e October
237,330 220,330 3,069,521 2,718,321
W.V.Cen.APltt. Septem'er.
86,511
95,32a
Western of Ala.. October...
70.473
628,125
84,095
564.655
West.N.Y.APa.kthwkJuly 114.100 119,000 2,075,55( 1.938,058
Wheel.AL.£. ( IstwkDeo.;
t „ vnon
62.967
49,714 2,701,797 2.30V13
Clev.C.&Hol
Wisconsin Cent. IstwkDec
90,976
89,479 5,009,327 5,226,578
137,35'
Wrlghtsv.Ar'n. October...!
17,375
17.056
119,187
Yazoo AMlss. V. November.! 640.095 645,659 4,713,285 4,5*7.011
76.87.-j
York Southern. .'October
8.742
8,2531
70,055
.
.
. .
. .
.
.
.
I
. .
.
.
.
I
.
.
.
|
L
& Covers results of lines directly operated east of Pittsburg.
1 Mexican currency.
Figures for November
1 Includes Chesapeake A Ohio Bo'western, Ohio Valley and Chicago and Texas for both years.
a Includes Paduoah A Memphis Division from July 1 In both years.
Aransas Pass or HonstoT) A Texas Central system,
6 Does not lnolude the Austin A Northwestern, the San Antonio
a Reunite on Montgomery Division are Included in 1900. f»-om Jan. 1 and In 18 49 after July 1.
c Anthracite ooal miners strike this year.
/The Chicago A Grand Trunk is included
d Includes St. Paul A Duluth from July 1, D00
from Dec. 1 in both years; the Det. Grand Haven A Milwaukee Is included for all periods.
*
are for the railroad only.
<fe
.) .
.
.
.
.
THE CHRONICLE.
1216
Latest Gross Earnings by Weeks.
—The latest weekly earn-
Gross Eart.i-nqs.
Previous
Year.
Tear.
Ourrent
ings in the foregoing are separately summed up as follows:
For the first week of December our statement covers 56
roads and these show 3"33 per cent increase in the aggregate over the same week last year.
1st
week of December.
Alabama
1900.
Buffalo Kooh.
<b
Plttsb'g.
Canadian Pacific. ......
Central of Georsria
Chesapeake & ObJo
Chicago & East. Illinois.
Ohio.Indlan'lis
<fe
Loulsv.
Ohicaeo MUw. <k 8t. Paul
Ohio. Term. Transfer ..
Cin. N. O. & Texas Pao..
Olev. Cln. Chlo. & St. L..
Clev. Lorain A Wheel'*.
Col. Sandusky A Hooking
Denver * Rio Grande.
Duluth 80. Shore & At.
Evansv.
Evansv.
Ft.
& Indianapolis.
& Terre Haute.
Worth
Intern'l
.
& Rio Grande.
& Gt. Northern.
Kanawha & Michigan...
Kansas City Southern.. ..
Kansas City Sub. Belt....
Loulsv. Evansv. & St. L.
Louisville & Nashville ..
1899.
9
44,033
31,819
97,231
651.000
142.701
287,261
140,583
126,661
77,095
800,917
28.601
83.828
371.186
43,757
84,362
22,146
220,000
43,064
5,829
25,803
12,622
36,763
533,330
108,660
100,379
15,619
93,771
10,729
38,891
592.020
290,985
Gt. Southern.
9
46,201
28,557
79,228
689,000
137.532
307,396
131,058
125,497
74.122
852,947
24.111
94.4^8
847,499
46.850
35,223
19,220
204,000
44,952
7,254
27,788
8,576
33,090
13S620
Minneapolis & St. Louis.
Minn. St. P. & 8. Ste. M.
Mo. Paoiflo & IronMt
Mob. Jackson & K. City
Increase.
Wisconsin Oentral
Total (56 roads)
8,774,394
L. Erie...
Rio Grande Southern....
Rio Grande Western.....
St. Louis & San Fran
St. Lonls Southwestern.
Sherman Shreve. & So...
Toledo & Ohio Central...
Toledo Peoria & West'n.
Wheeling
Clevel'd
& Lake
Erie.
Canton & So s
July
Cor nw'll
Jan.
5.169
•*•
etrou
.-
23,687
3,093
861
•
2,926
16,000
• M»|
w
-
1,888
1,425
1,985
•••• -*«4
15,051
9,727
2,641
1,240
3,577
56«
893
44,200
•
-
-
901
5,554
5fc,735
• •
•
•
»*-
•••• -».
w - -.
47,221
mmmm
. .
».
8,804
•-—*
37.068
32,000
3,000
1.043
50,23 i
1,979
10,166
26,330
-••m r»i
• -•• ••»•
266
3,200
26.601
24,982
11.476
37,166
33,795
5,878
«* --••
2,683
18,253
1,497
484,535
283,014
201521
For the fourth week of Nov. our final statement covers
69 roads, and shows 4*08 per cent increase in the aggregate
over the same week last year.
4th week of November.
1900.
1899.
8
Increase.
9
9
731,149
Previously rep'di'51 r'ds) 10,840.091 10,349,346
Ala. N. O.A Tex. Pac—
65,000
68,000
NewOrl. & No. East...
37,000
39,000
31,000
35,000
Vicks. 8h. &Pao
46.917
42.875
2.826
2,734
Chattanooga Southern
150,518
155,539
Cln. N. O. & Tex. Pacltto
"2.606
Det. Gr.Hav. & Milw. 5
Kan. City Ft. 8. &Mem.
San. C. Mem. & Birm
Louisville Hend. & St. L.
Mob. Jackson & K. City..
Pittsburg
& Western
652,934
159,191
55.468
18,244
2.872
882.439
198.142
87,731
Rio Grande Western
Santa Fe Pres. & Phoenix.
Texas Central
151.800
19,700
20,194
9
240,404
3,000
92
>
5,021
657,632
153,474
42,365
15.355
2,193
883,911
185,004
92,052
150,675
21,618
11,648
4,698
5.717
13,103
2,889
749
"T,472
13,138
4,321
"l,125
"T,918
"8,546
786,550
525.716
13,428,067 12,902,351
Net increase 1408
Decrease.
4,000
4,042
.
p. O.K..
260,834
—
Net Earnings Monthly to Latest Dates. The table following shows the gross and net earnings of Steam railroads
reported this week. A full detailed statement, including all
roads from which monthly returns can be obtained, is given
once a month in these columns, and the latest statement of
this kind will be found in the Chronicle of November 24,
1900.
The next will appear in the issue of Dec. 22, 1900.
.
dross Earnings.
Ourrent Previous
Fear.
Roads.
i
Ann Arbor. b
Oct.
Jan. 1 to Oct. 31....
Atlan & West Pt b Oct.
Jan. 1 to Oct. 81....
July 1 to Oct. 31.-..
Austin & Nortw'n bOct.
July 1 to Oct. 31 ...
Nov.
Bait. A Ohlo.b
Jan. 1 to Nov. 3o...,
.
Fear.
.
.
.
July 1 to Nov. 30....
BellefonteCeDtralb Nov
Jan. 1 to Nov. 3U...
1
to Oct. 31
....
& Maok'o.aOct
1
to Oct. 31....
—
— fiti/ianiny
Ourrent Previous
Tear,
Tear.
9
370,946
152,996
3,171,858 1,231,181 1,176,315
1,454,034
549,182
618,781
204,991
192.651
80,132
1,528,003
980.844
516,550
1,959,092 1.148.5t8
716.902
1?,062
33,448
14,056
267,095
79,593
90,016
127,924
45,371
46,828
6,478
23,074
12,145
10ft,669
204,619
93,572
96.787
50,545
36,745
*9,510
51,757
7,603
612,239
246,810
220,376
251,675
79,364
95,046
244,173
119,345
88,095
1,985.680
844,333
772,808
949,898
366,776
413,409
26,332
62,111
55,812
392,349
141,776
149,034
157,673
75,284
64,748
9
153,690
22,166
16,634
8,021
8,725
117,378
85,072
43.642
40,268
tllinoia Central. «... Oct.
3,414,924 3,012,461 1,118,129 1,137,239
Jan. 1 to Oct. 31.... 28,277,159 24,463,566 7,3- 6,672 7,522,464
July 1 to Oct. 31.... 12,046,156 10,748,631 3,116,277 3,413,558
Illinois Southern. a.Oct.
11,199
2,432
«.»!>. O. Mem. & B.a.Oct.
182,554
164,203
75,057
57,261
Jan. 1 to Oct. 31.... 1,456,368 1,261.495
446,899
387,422
July 1 to Oct. 81....
602,846
536,604
189,143
150,549
Kan. O. Sub. Belt.a.Oct.
53,010
49,124
21,016
18,512
July 1 to Oct. 31
,
198,086
196,137
57,077
65,584
Mexican National.. Oct.
617,976
634,199 C273.305 C317.317
Jan. 1 to Oct. 31.... 6,576,253 5,821,774 c3,091,143 c2,800.036
Mexican Telephone. Oct.
15,717
13,309
7,868
6,422
152,476
Jan. 1 to Oct. 31
126,691
6 a ,709
54,474
Mar. 1 to Oct. 31
122,197
102,861
54,526
42,452
Ohio River, b
Oct.
153,239
128,595
64,440
65,290
Jan. 1 to Oct. 31
1,213,153
970,129
417,715
407,817
Phlla <fe Erie.b ...Oct.
610.990
489,194
172,232
271,713
Jan 1 to Oct. 31 ... 4,692,810 4,309,384 1,634,034 1,360,498
*iob. Fred. & Pot.. Oct.
82,694
76,902
35,028
37,530
853,115
Jan. 1 to Oct. 31
774,965
346,935
311,020
July 1 to Oct. 31
308,762
292,791
122,688
134,247
7,152
St. Louis & No. Ark.Oct.
6,559
2,074
3,871
Jan. l to Oct. 31....
70,937
51,136
33,092
27,656
82,922
->»dt» Fe Pres.A Ph. Oct.
85,892
41,309
50,007
Jan. lto Oct. 31....
818,704
749,207
439,007
378,314
1 to Oct. 31....
310,933
July
305,542
160,689
167,595
16,777
South. Mo. & Ark.. .Nov.
16,038
7.777
6,738
168,947
118,427
Jan. l to Nov. 30
70,758
Southern Paoiflo. b. Oct. 6,719,600 6,069,598 2,726.215 2,467.169
Jan. 1 to Oct. 31.... 53,411,105 49,896,659 18.662,445 18,202,157
July 1 to Oct. 31... 23,675,640 22,323,552 9,194.737 8,906,332
Central PaoiUc. b.Oct.
1,893,414 1,«88,195
798,596
834,740
15,642,987 15,142,059 6,270,888 6.311,754
Jan. 1 to Oct. 3i
July 1 to Oct. 31
7,308,908 7,257,632 3,215,392 3,343,232
643,264
Gal. Har. & San A.bOct
563,829
192,841
161,214
5,125,031 4,910,615
760,717 1,158,206
Jan. I to Oct. 31
July 1 to Oct. 31.... 2,115,197 2,088,724
468,046
607,216
Louisiana West. b. Oct.
163,770
116,182
83,902
42,880
Jan. 1 to Oct. 31.... 1,180.073 1,116,490
393,597
394,775
520,205
419,376
July 1 to Oct. 31....
206,986
134,820
818,934
687.697
M'k'u's La. &Tex. b Oct
349,435
259,855
5,629,877 5,540,242 1,656,996 1,838,198
Jan. 1 to Oct. 31
July 1 to Oct. 31.... 2,415,557 2,269,093
825,738
711,241
30,528
S.Y. Tex. & M.b.Oct.
34,435
15,710
19,303
225,762
237,241
Jan. 1 to Oct. 31....
82,834
82,273
July lto Oct. 31....
90,697
113,757
36,554
52,320
242,569
Texas & N. Orl b.Oct
137,855
99,386
23,027
1,794,627 1,539,146
581, ^56
Jan. 1 to Oct. 31
551,654
812,869
596,509
July lto Oct. 31....
290,630
201,617
Bo. Pao. of Cal. b.Oct.
1,745,488 1,650,679
748,293
703,415
Jan. 1 to Oct. 31.... 14,769,516 13,413,611 5,680,120 5,0^0,729
July lto Oct. 31.... 6,333,915 6,181,663 2,692,077 2,596,291
337,162
339,258
So. Pao. of Ariz.b.Oct
174,984
161,016
Jan. 1 to Oct. 31.... 3,097,963 2,860,386 1,461,179 1,070,579
422,399
July lto Oct. 31.... 1,163,117 1,109,122
576,708
182,420
181,742
101,984
103,383
So. Pao. of N. M.b.Oct
904,990
Jan. 1 to Oct 31.... 1,659,871 1,612,782
887,339
354.261
637,452
623,452
363,086
July lto Oct 31....
92,383
86,623
Tol.Peoria& West.bNov.
17,999
17,888
2S7.107
1,022,827
939,458
262,780
Jan. 1 to Nov. 30
609,441
480,600
141,527
131.959
July 1 to Nov. 30 ...
653,857
340.892
595,849
300,870
Yazoo & Miss. Val.a. Oct
Jan. l to Oct 31.... 4,073,190 3,872,352 1,197,908 1,195.564
607,459
639,121
July 1 to Oct 31.... 1,759,750 1,720,091
* iSet earnings here given are after deducting taxes.
b Net earnings here given are before deducting taxes.
c Deducting other expenditures for repairs, replacements and jrener* 1
expenses, net income applicable to interest on bonds in October
v as $84,208, against $142,038 last year, and from Jan. 1 to Oct.
31 $1,256,088, against $1,284,51 5. This is the result In Mexican dollars
treated (according to the company's method of keeping it? accounts)
as equivalent to 80 cents in United States money— that is, depredation
bevond 20 per cent has alreadv been allowed for.
* $15,000 charged out for new rails.
—
wmmmammt
399
Net increase (3 33 P.O..
1
149,215
18,291
245,-53
91,866
63,404
773,762
296,585
237,203
2,200.442
958,155
90,359
419,007
190,723
9
LXXT
Gas & Eleotric Co. of
Bersen County. a. Nov.
June 1 to Nov. 30 ...
....
m-
4,046
3,673
July
......••
»».
...
Oulnth So.Sh.& Atl.Oct
Jan. 1 to Oct. 31 ...
July 1 to Oct. 31....
Ft. Worth <fe Rio G.b.Oct.
Jan. 1 to Oct. 3 1....
.-- .
5.660
• »-
to Oct. 31
& Leban'n.Oct.
Jan. 1 to Oct. 31
July 1 to Oct. 31....
52,030
4,490
1
July lto Oct. 31....
20,135
_-
412,889
Jan. 1 to Oct. 31.... 2,512,362
Nov. 1 to Oct. 31.... 2.925,276
Cln. Ports. AVa.fo.. Oct.
40,938
Jan. 1 to Oct. 31
321,785
38.000
8,491,380
&
Plttsb. Bess.
hootaw Okl.A a.b.Oct.
Decrease.
2,168
9,525
1.164
2,973
9
378,479
Ohio. Tnd. Alio ills. a.Oct
Jan. 1 to Oct. 31
3,45u,409
July 1 to Oct. 31... 1,423,678
3,262
18,003
94,137
286.775
571,000
20.000
2,201
240,26*
27,110
132,4^9
26,934
10.981
68,000
140.111
143,708
11,093
643,213
208,451
44,329
21,150
320,379
49,714
89,479
Ohio River...............
Roads.
9
548,381
98,933
97,738
14,409
90,194
10.163
37,998
547,820
338,206
134,716
62,2^9
85,33 3
323,843
603,000
23,000
3,244
290,497
29,089
142,635
53,764
11,247
64,800
166,712
168.690
22,569
680,379
242,246
50,207
21.549
323,062
62,967
90,976
.
[Vol.
Net Earnings.
Ourrent Previous
Tear.
Tear
9
9
40,780
19,378
276,973
355,639
28,781
37,030
195,994
206,319
92,947
108,707
18,541
6,577
30,065
8,400
1
147.334
158,658
1,411,083 1,352,348
69,932
74,708
583,510
524,814
242,947
227,139
32,091
20,527
83,421
60,338
3,832,324 3,451,689 l,254,2<!-< 1,150,038
40.709.87S 34, 095,951 13,172,661 10,166,>-73
19,427,433 17,622,390 6,432,265 6,411,379
1,651
2,074,187
4,811
39,527
13,905
8,6531,105
Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing, also report charges for interest, &c, with the surplus
above or deficit below those charges.
— Int., rentals,
etc.
—
^-Bal. of NetEarn's.-.
Ourrent
July 1 to Oct. 31....
South. Mo. & Ark... Nov.
Jan. 1 to Nov. 30
Tol. Peo. & West... Nov.
July 1 to Nov. 30....
Ourrent
Previous
Tear.
Roadf
Choc. Okla. & Gulf .Oct
Nov. 1 to Oct 31 ..
Kan. C. Mem. a Bir.Oct.
Previous
Tear.
Tear.
Tear.
*
43,560
352.565
15,858
62,755
2,333
25,666
9
21,500
258,000
16,132
64,061
9
149,091
•
58,632
458,902
41,129
86,488
•-'2,744
22,749
113,672
113,763
796 003
59.199
126,388
5,444
45,092
def.4,745
def.4,861
27,764
18,287
—
).
.
.
December
J
. .
.
.
.
THE CHRONICLE.
15, 1900.1
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 COMPANIES.
Annual Reports.— Last
—
Latest Gross Earnings.
Jan. 1
to Latest
Week or Mo Cur'nt Prev'us Current
Tear.
Year.
Year.
Earnings.
1217
ANNUAL REPORTS.
STREET RAILWAYS AND TRACTION COMPANIES.
Gross
index, see issue Dec.
R'ys.
16,416
12,845
10,202
4,558
5.061
2,547
51,629
60.054
14,792
991,454
12,4 95
633.043
66,63^
3,782
194,615
14,075
85,677
257,180
7,684
114,373
29,406
Detroit Elec. Ry.... IstwkDec. 11,651
Detroit Ft. Wayne
& Belle Isle
lstwkDec.
4,536
Total of all
lstwkDec 45,593
Det. Roch. Ro.& L.O. October...
8,356
Duluth-Sup. Tract.
Ootober... 36,883
DuluthSt. Ry.... S
Easton Consol. Elec. October... 21,438
Galveston City
August
Harrisburg Traotion. October... 27,i03
. .
. .
. .
.
Herkimer Mohawk II-
lon&F'kiortEl.Ry. October
4,366
. .
14,791
10,702
10,718
4,545
4,653
1,408
46,817
55,557
13,612
981,620
9,175
1899-00.
*632
Miles oper. Oct 31...
Gross earnings
$2,925,276
Operating expenses.. 1,776,708
Date.
Previous
Net earnings
$1,148,568
and taxes....
352,565
Equip. renewal fund..
75,000
Dlv. on pref. stock.... (5)249,099
Div. on com. stock... .(4) 189,407
Year,
Balance, surplus..
362.499
152,494
69,617
6,075,886
43,465
.
Ootober...
Ootober
.
.
August
Septem'er.
Septem'er.
August
Ootober
.
Metro. (Elev.)Chioago November.
Montreal Street Ry.. Septem er.
Musoatlne
St.
Ry
October
Newburg St. Ry
. .
October...
New Castle Traotion. Ootober
New London St. Rv.. Ootober
Norfolk Ry. & Light. August
.
.
. .
Norwalk Tramway
Septem'er.
Ogdensburg St. Ry.. October
.
.
Olean
St.
Ry
Omaha & Conn. Blufi
.
Ootober...
103,539
86.709
1,026,202
1,268,265
423,630
87,063
6,022
4,508
58,787
57,605
7,89b
8,910
93,602
88,152
12,964 J1.541
7,829
8,542
73,607
72,142
9,756
76.068
8,973
72,033
14,692 12,845 126,985
105,615
442,1 9fi 417,594 4,545,151 4,161,588
134,733 133.230 1.431,893
161,526 146,185 1,345.509 l,25*9",22*i
5.776
5,349
56.742
49,896
7,640
6,920
84,029
76,275
8,3*5
8,845
116.045 115,762
4,057
54,101
3,416
49,680
53,006
3 9,014 278,042
37,317 30,316 352,956 298,912
8,450
61,820
7,599
57,738
l,8i56
2,064
19,171
18,754
3,75b
4,110
43,518
39,198
*
t
|
$24,449;
1,579,675 1,394 732
1,969,337 1,680.034
Strike In Cleveland In 1899
1 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 receiv ed
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 month (on the third or the fourth
Saturday), we bring together all the roads furnishing returns, and the latest statement of this kind will be found
In the Chronicle of November 24, 1900. The next will
appear in the issue of December 22, 1900.
—
Current
Year.
Previous
Year.
Roads.
$
$
Detroit Cit's' St.Ry Nov.
114,339
127,129
Jan. 1 to Nov. 30
1,417,732 1,241,926
Detroit Elec Ry..Nov.
44,162
48,908
413,261
Jan. 1 to Nov. 30....
504,759
Det. Kt.W.&P T.. Nov.
19,291
18,660
192,116
Jan. 1 to Nov. 30
217,184
Total of all
Nov.
177,661
195,328
Jan. 1 to Nov. bO
5,139,675 1,847,303
—
>
—
Earnings. *
Current Previous
r-Het
Year.
9
65.855
755,780
16,041
If 0,028
6,297
71,295
P8,193
977,703
{
I
j
J
9
59,926
617,513
14.713
$183,902
$157,791
$166,3SO
30, 1900.
$2,219.
is
605
ft.
known
DIVIDENDS ON STOCK HELD BY STATE OF VIRGINIA.
Resolved, That tbe Board of Directors are hereby authorized to
oontraot with the State of Virginia to pay a dividend or 12 per cent
per annum upon he stock and dividend obligations f this company
now held by the State; provided, however, that, the dividend so to be
contracted to be paid shall cease and determine (1) whenever the
State of Virginia shall sell or part with said stock and dividend
obligations or any part thereof; or (2) whenever any parallel or com<
1
METHOD OF VOTING.
That the stockholders of the Richmond Fredericksburg &
Potomac RR. do herebv assent to, accept and adopt the Act of the
General Assembly of Virginia, approved Feb. 26. 188H, enti'led "an
Act to give to each stockholder a vote for each share he holds In incomorated companies," and also Section 1116 ol the Code of VirResolved,
142.-184
841,870
200,000
(2)75,000
peting railroad to the railroad of this company shall be chartered or
built; or (3) whenever the existing exemption of this company from
taxation shall cease and determine.
Year.
7,993
81,873
82,632
(5)200,000
long; in rebuilding it
loads were provided for,
but a margin was allowed for their future increase.
Financial.— The investments of the company consist of
first mortgage railroad bonds of the face value of $320,000,
costing $329,627, and which are worth at present market
rates about $340,000. The company has increased its dividends to 8 per cent per annum— a rate which the board has
reason to hope will be maintained. The State of Virginia,
about sixty-four years ago, invested in 2,752 shares of the
stock of the company, or $275,200, on which it has received
dividerids, including dividend obligations at their present
market value (|217 per share), averaging 7*92 p. c. yearly.
Resolutions.— The following resolutions were adopted by
the stockholders on Feb. 1 and March 14, 1900, respectively:
Plttston,
<
flat cars,
in steel not only the heaviest
1,106,889 1,052,555
51,380
— Gross Earnings.
new
The Rappahannock bridge
May 1 oover Soranton Railway, Soranton &
& Carbondale and Carbondale Railway,
$392,354
225,974
39,392 cross-ties were used.
The sum of $65,000, reserved out of the earnings of
1898-99. for rebuilding Rappahannock bridge and other improvements was disposed of during the year 1899-1900 viz:
Rappahannock bridge ($29,023, less credits $4,367), $24,657; two
combination passenger and baggage cars, $13,676; two locomotives,
204 971
Figures from
Soranton
$597,791
240,000
leaving 25-6 miles of 67 lb. rails in the main track. The
length of sidings was increased 3 4-10 miles during the year;
268,595
427,451
617,748
53.551
$716,902
258,000
—
247,278 200,626
167,800
162,344
1,357,200 1,191,163
2,642,822 2,075,187
212,464
191,840
$ Inc.
$1,229,684
837,330
Physical Condition. The roadway is in good condition.
There were purchased during the year 820 tons of 75 lb.
steel rails (100 tons of which were laid since July 1 last),
Sacramento Eleotrio
.
$1,634,932
1,037,141
than heretofore.
[The connection of the Seaboard Air Line with the Richmond Fredericksburg & Potomac RR. was established at a
point near the third mile post July 1, 1900,]
. .
308,421
456,053
786,093
1,242,190
$1,9159,092
A
Ry. & Bridge
Ootober... 19,347 21,372 201,03^
177 33?
Philadelphia Oomp'y Ootober... 167,259 146.810 1,996,909 1,474,825
Pottsv'e Union Trac Septem'er. 13,483 11,896
109,527
98,567
Railways Co. General October
16,900
Richmond Traotion.. Ootober... 17,266 14,748 174,176 142,926
Gas <te Ry
Ootober... 32,833 29,861
Soranton Railway... October... *48,78l * 5 1,407
Seattle Eleotrio Co... Septem'er. 97,331 77,109
8outhwest Mo. Elect. July
22,912 21,846
Southern Ohio Traot. Ootober ... 28.432 23,813
Btaten Island Elec
Septem'er. 21,610 21,568
Toronto Ry
November. 128,^49 102 502
Twin City Rap. Tran. Ootober ... 240,793 229,210
Union (N. Bedford).. October... 19,570 19,010
United P. & Transp.. Ootober... §Inc. 9 .635
United Traction— >
Albany City \ Ootober... 114,419 108,302
United Tract. (Pitts.) Ootober... 166 881 149,179
United Traot. (Prov.) October... 194,623 176,011
Wlim.&N.CastleEleo. Ootober...
5,977
3,504
Worcester* Marl'b'h Septem'er.
6.96C
7,414
1896-97.
President E. T. D. Myers says:.
Traffic— The revenue from passengers was the largest in
tbe history of the company, with the exception of the year
1898-99. Both the greater passenger revenue and mileage
and the lower passenger rate per mile of the preceding year
were due to the movement of about 29,000 troops. Tne ton
mileage this year increased 29 9 per cent and the revenue
from freight trains increased $103,658, or 24 per cent. For
the first time in our annals the revenue from freight trains
exceeds that from passenger trains— a noteworthy circumstance. The increase was due to the larger tonnage of lumber, fruits and vegetables northbound, and of steel rails,
castings, machinery, merchandise and miscellaneous southbound; the rate per ton mile, however, was reduced from
1 cent to 956 cent.
The passenger train mileage increased 12}^ per cent^
although there was a decrease in passenger movement of 7*6
per cent. More frequent passenger trains are run between
Richmond and Washington than the business demands, yet
under the conditions surrounding us we have seen no way to
reduce their number. The recent establishment of a double
daily Seaboard Air Line passenger service must, for some
time at least, increase the disproportion; but the board hope
that the revenues from this and other service may be enhanced
to an extent sufficient to cover the abnormal expenditure for
passenger train service. The freight train mileage increased
10 '8 per cent and the ton mileage nearly 30 per cent.
little more freight was carried per train and per loaded car
1.186,953
1
Northern Ohio Tract. October...
1897-98.
2S2
(Report for year ended June
592,275
22,531
Internat'l Traotion—
(Buffalo)
October... 234.152 209,313 2,216,662 2,029,028
Johnstown Pass. Ry. Ootober... 16,350 13,875 153,253 123,8*8
Kingston City Ry
Lehigh Traction
London St. Ry. (Can.)
Lorain St. Railway..
Lorain & Cleve
Los Angeles Tract..
Mass. Elec Co.'s
$282,496
1898-99.
Richmond Fredericksburg & Potomac RR.
4,189 221,720 196,305
40,897 2,185,268 1,888,200
1,626
53,639
32,936
22,317 220,374
147,511
157,445
25,417 288,886 261,963
3,993
1164.
This statement embraces the operations of the Choctaw & Memphis
RR. arid White & Black River Valley RR. only from July 1, 1900. on
which date the former road was acquired and the latter was leased by
the Chootaw Oklahoma & Gulf RR. Co.— V. 71, p. 602, 492.
321.453
138,857
121,284
679,040 6,138,779
65,082
655,350
2,330
33,975
143.174 1,696,827
11,432 120,262
75,216 822,445
222,482
8,273
88,253
102.025 1,077.959
26,339 1,447,133
10,369 516,410
page
{Statement for the year ending Oct. 31, 1900.
The following advance statement has been furnished us:
Co.—
Peoples Railway... Ootober...
JolietRR.
October...
Springfield Ry
Ootober...
Bri'g'ton&Mlllv.Tr Ootober...
Springfield L.& P.. Ootober
Bridgeton Electric Ootober...
Total
Ootober...
Atlanta Ry. & Power. August
Bingham ton St. Ry.. October...
Br'klynRap.Tr. Co... Ootober...
Chicago & Mil. Elec. October...
Chicago Union Tract. October...
Cln. Newp. & Cov.... Ootober
City Elec (Rome.Ga.) Ootober...
Cleveland Eleotrio t. October
Cleve. Palnsv. &E... October...
Columbus (O.) Ry.... October...
Consol. Trac (Pitts.) October...
Dart.& W'port St.Ry. Ootober...
Denver City Tram.. October...
Detroit Citi'ns'Bt.Ry. lstwkDec
8,
Choctaw Oklahoma & Gulf Railroad Company.
Interest
American
J
!
'
'
giniaof 1887.
:
————
—
J
:
THE CHRONICLE.
1218
Statistics.— Results for the late fiscal year were as follows:
EARNINGS, EXPENSES AND CHARGES.
189697.
1898-99.
1899 °1S97-98.
Earnings—
$354,613 $361,256 $287,132 $274,842
Passenger
3<5,3->3
382,480
£35,961
432, 03
Freight
90,555
104,'; 00
101.114
99,422
Mail, express, eto
Total
$989,996 $898,259 $770,726 $680,750
Expenses—
$<?5.312
$80,599
$112,512 $120,539
Maintenance of way, eto
59,9-4
85.7 4
132,328
Maintenance of equipment.. 89,2^4
275, 57
292,216
238,792
326,879
Transportation
Kings County Electric Light & Power Co.
(Balance Sheet of Nov. 1, 1000.)
The following is the balance sheet of Nov. 1. 1930:
Liabilities.
Property
$3,259,210 Capital stock
Centr'lTr'stCo .tr'stee 1,000,000 First mortgage 5s
8'ock in other cos
5,175,770 Purohase money 6s
Bills receivable
175,000 Accounts payable
Accounts receivable...
55,072 Profit and loss
Cash
22,085
$572,203 $468,679 $447,3 '0
$326,056 $302,047 $233,450
7,829
9,025
22,266
$572,051
$417,945
21,475
Total
Net earnings
Add other income
$49,790
22i,*38
80,000
Interest
Dividends
Miscellaneous
i.OfU
BALANCE SHEET JUNE
1900.
A *n 1 s
Road and equipm'f.3,551,703
f-
Sf>
1900.
•
2.838,000
972,029
f3.601
13,515
69,506
Liabilities—
Stock
3'fl,627
.
loan.
Current assets
Supplies.
105,54 8
Fundea debt
331,55
121,712
Dividends
Interest
121,874
31,938
Miscellaneous
Betterment account
Proutand
Total
4,401,018
1899.
$
2,8-18,060
334,434
4,267.067
I.OOO
p. 1068.
fReport of Committee as of Nov.
21, 1900.
The report
of the stockholders' special committee, consisting of Mr. John C. Hately and Messrs. William E>nkle, E.
A. Sbedd E. A. Potter and R. G. Tennant, was submitted at
the meetiog on Dec. 4. It says in part:
1. We find that the balance sheet of Oct. 13, 1900 (see V. 71, p. 1118).
is substantially correct. To. Nov. 21 1900, there has been a further
reduction in current liabilities of $201,058 and in liquid assets of
$328,144. At thi- time, exclusive of the debenture indebtedness of
the company, its current liabilities amounted to $587,711 and its
liquid assets to $599,439. From a conservative standpoint we would
.
2.
further scaling the value of the liquid assets $28,750.
We tind that there has been a shrinkage of the assets fr mNov.
1,
1899, to Deo. 4, 1900. of $998,540. The working capital of the company has therefore been substantially exhausted. Nearly all of its
personal propeityis held as collateral to secure current liabilities,
which securities are, in our opinion, barely sufficient to liquidate the
liabilities of the company, not taking into account its debenture indebtedness. The liquid assets of Oct. 23, 1899, are accounted for as
follows
Oq Oct. Z\ 18P9, the liquid assets were reported as
$1,065,625
Deduct for unproductive real estate in Wabash Ave. acquired in 1893
in payment of a $i0o,0uu debt (real worth not exceeding probably
$60,000)
$113,0(J0
debertures purchased for a total consideration of
100,000
328,416
Balance actual cash assets on Oct-. 26, 1899
$637,109
That balance is accounted for as lollows
Machinery and improvements in Sioux City plant
$63,520
Cons ruction of butterine and lard retin ng plant
35 853
Purchase in the market lor $217,500 ot debentures of par value of
115,077
Lost in the operation of Sioux City plant
101 443
L-st from Oct. 26, 18b9, to Nov.22, 19oO, in conductof the business at
Chica«o ..
325,208
Total shrinkage in cash assets since Oct.
26,
1899
As to the corn
$641,201
transactions, the committee reports that, commencing February. 1 897, down to Oct. 26, lt-99, the corn cribbing and corn
option aceountwith the company showed a profit of $79,062, and since
Oct. 26. 189H, and down to July,1900, Phowed a further profit of $55,605. In Ju y, 1900, all corn transactions were closed. There has
thus, instead of a loss, been a profit of $134,667 to the company in its
corn transactions.
The committee further reports that $1 00,000 par value of the debentures was acquired in part exchange for the Wabash Avenue property, the debentures being taken on the basis of 50 per cent, which
was the then market prioe thereof. The other debentures acquired
were purchased from time to time through banks and brokers in the
open market, at the then current market prioes therefor, and not, so
far as we are able to ascertain, from any of the officers or directors of
the company.
Of the $192,554 loss made since May 31, ^900, at Chicago, $77,000
represents the pay-roll since Aug. 8. at which date the company
ceased slaughtering hogs in Chicago. The pay-roll last week amounted
to about $ ,^00
The keeping of the plants in proper preservation
will require a large outlay. Prompt aotion should therefore be taken
in the disposition of the property. The committee has no information that any losses were sustained in pure speculation In provisions
To ascertain the exact facts upon this point will require a thorough
3.
GENERAL INVESTMENT NEWS.
RAILROADS. INCLUDING STREET ROADS.
Alabama Great Southern Ry. Co. Limited.— Dividend.—
The company has declared a dividend of 3 per cent on ite
Alton
(111.)
—
Railway Gas & Electric Co.— Purchase.— The
company has purchased the property of the Alton Electric &
Service Co., and the two companies, it is stated, have
been merged. The consolidated company has therefore a monopoly of the electric light and street railway business of
the city.— See V. 71,
p. 1066.
—
International Packing Company.
recommend
$9,687,137
its first
preference shares, making, with the 2 per cent paid in Sep3 per cent paid in June, a total of 8 per cent
distributed this calendar year. V. 71, p. 644, 601.
981,115
81,8<6
13,793
4«,M»5
65,000
240,978
8
606
30,631
quarterly dividend June 1. 1900,
and has paid quarterly dividends of \% per cent on June 1,
Sept. 1 and Dec. 1, 1900.— V. 71, p. 1169, 1015.
181.317
3.043
4,401,018
loss
Total
4,267,057
The company paid
tember and the
1899.
S
3,6^1,438
$56 551
30.
235,903
121,712
127,661
3i,412
Investments
Oiisli
—V. 71,
$56,453
192,757
829
$53,227
195,842
$251,130 $250,039 $240,911
$368
$97,192
$61,033
$354,326
$85,094
Total
Balance, surplus
P tomac RR.
$311,072 $241,279
$439,420 $348,322
Total
Deduct —
26,387
$1,980,000
2,5"0.000
5,175,900
$9,687,137
t
63,493
27,122
43,366
General, eto
[Vol. LXXI.
American Railways Co. Bonds. We are informed that
Bioren & Co. and E. C. Miller & Co., who not long since sold
apart of the Bridgeton & Millville Traction Co. 1st mortgage
gold 5s, due 1930, at par and interest for the American Kailways Co., have recently organized a syndicate consisting of
certain local trust companies and banking firms who have
bought the balance of the $500,000 loan at a price netting
the company close to par. V. 71, p. 1065, 1012.
—
Atlantic Coast Line Co. of Connecticut.— Interest Payment.— Two per cent interest will be paid Jan. 1 on the $7,500,000 4 per cent certificates of indebtedness. V. 71, p.
—
1186, 697.
Atlantic Coast Line RR. First Dividend on Common
A dividend of 1 per cent ($158,902) has been declared
on the common stock (including "Class A"), payable Jan.
This is the first dividend on the common shares
10, 1901.
since the consolidation of April, 1900. The directors have
also authorized the payment in Jan. of 2 per cent interest
on the $3 000.000 4 per cent certificates of indebtedness. V.
Stock.
—
—
71, p. 1116, 1066.
—
Baltimore & Lehigh Ry. Deposits. About 6,500 shares,
or more than a majority, of the stock, it is stated, have been
Deposit Co. of Baltideposited with the Mercantile Trust
Sons. The time
more, under the offer of Alexander Brown
limit for these deposits expires to-day. V. 71. p. V 66, 491.
&
—
&
Baltimore & Ohio RR.— Virtual Merger of B. & O. Southwestern.—Tne stockholders of the Baltimore & Oaio S >uthw» stern Ry. on Dec. 10 ratified the terms of the lease under
which the Baltimore & Ohio, as owner of the property, will
for legal reasons operate the road. The Southwestern has
t^een included in the B. & O. since July 1, and this action of
the shareholders is the final formality in connection with the
virtual merger of the corporations.— V. 71, p. 1166, 1119.
Boston & Lowell RR. Bonds Awarded.—Press dispatches
sav the $319,000 of V-/ per cent 20-year bonds were awarded
z
to Geo. A. Fernald & Co. at 104-443.— V. 71, p. 1166, V 66.
Birmingham Railway Light & Power Co.— Mortgage
Authorized The stock- holders of this new consolidated
company on Dec. 8 authorized the issue of $3,500,000 of 50year 5 per cent bonds. See V. 71, p. 862. Tne company does
all the streetcar and eltctric light and power business of the
city.-V. 71, p. 1166.
The
Boston & Albany RR. Bonds for Improvements
securities to be issued on account of the expenditure of
$2,500,000 to be made by the New York Central for improvements at Boston and elsewhere will be bonds of the B >ston
& Albany RR. Co. as required by the lease. (See V. 71, p.
examination by expert accountants and considerable expense.
1166 and V. 69, p. 282 )
4. It, has been our aim to discover the best course to prevent
Dividend.— A quarterly dividend of 2% per cent, an ina continuation of the shrinkage of the assets of the company, and to
crease of 3^ per cent, bas been de^ared, payable Dec 30.
this end we have spent much time with the officers of the company.
The M per cent is payable from the interest on the $5,500,5 T he debenture indebtedness is $2,438,000, or which amount $761,000 has heretofore been acquired by the company, and is now out- 00) Nrw York Central Z% per cents recently received, the
standing as collateral. The debenture indebtedness is, in effeot, ai nual revenue therefrom being $192,500, or equivalent to
eeoured by first mortgage bonds hereinafter referred to. The capital
The income of these securities, the
stoik is $2,500.0^0. divided into $l,50o,000 of preferred stook and about 77 cents a share.
$i,00(>,000 of common stook. In case of a dissolution, the pre
directors have decided, shall be distributed ia two instalr>rre<i ntook is entitled to be fully paid before anything Is paid
upon ment, viz.: 25 cents per share, or
per cent, as now, in
the common Htock.
per cent, in June ea h year,
December, and 50 cents, or
The company does not own the real estate and plants in its
possession at the stook yards. The title to that property is in the the same to be paid in connection with the qnarterly diviConsolidated Packing compat ies, whose only indebtedness ootisists dends of 2 per cent payable ia those months.
of an issue of $2,500,00u of bonds, dated July 1, 1892, maturing
Bonds The directors have voted to ask the MassachuMay 1, 1912 8 id bonds are secured In a mortgage or trust deed to
the Illinois Trust 6t Savings Bank, as trustee, dated July 1, 18H2. Of setts Railroad Commission for authority to issue $2 500.000
that i^ue of $2,2(9.000 all, with the exception of $10, 00. are on of '6)4 per cent fifty-year bonds, the proceeds to be used in
acuosit with the Trustee as security for the debenture Indebtedness of
Boston,
your company. If the property covered by said mortgage in sold carrying out the extensive improvements in East
under ioroed liquidation or foreclosure, or other le.al proceeding?, thus providing for the immediate disbursement of the sum
mere win be realized much less than the am nut of said debentures. which the lease requires shall be applied to improvements
i no plant at Sioux City,
which ih now in active operation, is not a within the next ten years.— V. 71, p. 1166, 963.
,''," «"»«et; me company's final rights are contingent upon its comw " b * t«i'-year contract, under which the property was
Brooklyn Rapid Transit Co.— Rumors.— The "New York
JC'rf. ?.
—
—
%
—
deeded to vouroompauy.-V. 71,
p.
lltO, 11U3, 1118.
Sun'' said yesterday:
^
—
December
—— —
—
THE CHKONICLE.
15, 1900.]
The rumor is persistent In Wall Street, contradictions notwithstanding, that if the plans of the Brady interests in the Brooklyn
Rapid Transit Co. suffer no change, Edward A. Maher, President of
the Union Railway, which is controlled by the Metropolitan Street
Ry. of New York, will on Jan. 17 succeed Clinton L. Ro-siter as
President of the B. R. T. Should the change be made it is underOlcott. the present Treasurer and Secretary of
stood that Thomas
the Union Co.. who is a brother of Frederio P. Olcott, President of
the Central Trust Co., will succeed Mr. Maher. It is also rumored
that two of the present directors of the Rapid Transit ''o. will resign, and that their places will be taken by Thomas F. Ryan of the
Metropolitan Street Ry. and another close friend of Mr. Brady.
W
Ryan and Maher were both quoted
yesterday as
denying the truth of the above statement, so far as they
themselves were concerned.
Nassau Dividend.— See Nassau Electric RR. below; also
annual report on a preceding page.— V. 71, p. 1012.
Messrs.
—
:
& Northern Ry. Listed.— The
Stock Exchange has listed the $1,650,000 additional capital stock recently offered to stockholders at par,
making the total amount listed to date $7,150,000. The proceeds of this additional issue will be used " to pay for the
cost of a new road which is now about completed from Germania, la., a station on the Iowa Falls Division, via Albert
Lee, Minn., to Faribault, Minn., about 95 miles."— V. 71,
Burlington Cedur Rapids
New York
p. 1066
1219
Cincinnati Portsmouth & Virginia RR.— Dividend InA semi-annual dividend of 3 per cent has been declared on tbe preferred stock, payable Jan. 10, making 5 per
cent for the year.— V. 71, p. 340.
Cleveland Cincinnati Chicago & St. Louis Ry.— New
Equipment.— The company has ordered 1,500 box cars from
the Pullman Co. and 500 box and 700 coal cars from the
American Car & Foundry Co.— V. 71, p. 963, 697.
creased.
—
Columbus New Albany & Johnstown Ry.— Mortgage.— The
company has filed a mortgage to the Cleveland Truct Co. as
trustee to secure $200,000 of 5 per cent $1,000 bonds, dated
July 1, 1900, and payable July 20, 1920. The company was
incorporated in May, 1899, with $200,000 capital stock to
build an electric railway from Columbus to Johnstown, O.,
abont 32 miles. Tbe officers are: President, J. W. Dusenbury; Vice-President. Wm. Shepard; Secretary and Treasurer,
Wm. J. Dusenbury; General Manager, L. P. Stephens.
Delaware Valley & Kingston Ry.
—See Pennsylvania
Coal
Co. under " Industrials."— V. 71, p. 6)2.
Detroit & Mackinac Ry.— Bonds.— F. J. Lismau
Co. are
offering $100,000 of the mortgage gold 4s at 88 and interest.
&
V.
71, p. 961.
&
Elgin City Carpentersville & Aurora (Electric) Ry.
Sold— This property, it is understood, has been purchased
by the Western Reserve Trust Co. for M. J. Mandelbaum 8c
Chesapeake & Ohio RR.— New Locomotives. Tbe company recently ordered from the Richmond Locomotive
C>. of Cleveland, Ohio. The capital stock is $500,000, ard
dividends of 6 percent have been paid, at leant in 1897-99.
There are also $300,000 bonds. The price paid for the stock
is said to nave been $110 per $100 share,
Calvert Waco & Brazos Yalley Ry.— See International
Great Northtrn Ry.
—
Works 25 consolidation engines, which, with the 25 already
under construction, will represent an outlay with the Richmond Company of about $750,000.— V. 71, p. 862, 602.
Chicago City Railway.— $5,000,000 More Stock.— At the
annual meeting in January toe stockholders, it is announced,
will be asked to authorize an increase of $5,000,000 capital
stock with a vie « to retiring the outstanding A.% b er cent
bonds. This will raise the total authorized stock to $19,000,000. It seems to be generally expected that with the increase
of stock the dividend rate will be reduced from 12 to 8 per
cent per annum.
Chicago
&
—
V".
71, p. 1012, 602.
Eastern Illinois RR. Bridge Across the
Southern Illinois & Missouri Bridge Co.
Mississippi.
—See
below.— V.
71, p. 1166, 1066.
—
Chicago General Railway. Receiver. At Chicago on
Dec. 8 Emil A. Basener applied for a receiver on a judgment
of $12,9u0, alleging that the company is insolvent. V. 71,
—
p. 840.
Chicago & Grand Trunk RR.— Transferred.— See Grand
Trunk Western Railway below.— V. 71, p. 913, 751.
Chicago Great Western Ry. Refunding. — With the proceeds of its new debenture stock, the company is retiring its
equipment lease warrants, $838,000 of the $886,497 Chicago
St. Paul & Knnsas City 7s having been paid prior to Dec. 4.
—V.
71. p. 1119, 913.
Chicago Junction Railways & Union Stock Yards Co.—
Bonds Ojjered.—hee, Higginson & Co. are offering at par
and interest $300,000 of the company's 4 per cent mortgage
and collateral trust refunding gold bonds due April 1, 1940,
being the unsold balance of §4,000,000 bonds of this issue.
—
El Paso ft Northeastern Ry.— Extension. Incorporation
have been filed at Santa Fe, N. M., for the El
Paso & Rock Island RR., with a capitalization of
$2,500,000 of stock and $2,500,000 five per cent 50 year
boeds. The bonds will be guaranteed by the New Mexico
Railway & Coal Co., which owns the stock of the new company as also the stock of the El Paso & Northeastern*
Under the new charter it is proposed to extend the latter
road from its present terminus at White Oaks, New Mexico,
to Santa Rosa on the Pecos River, a distance of 130 miles,
where connection will be made with a proposed exten-ion of
the Chicago Rock Island & Pacific (see that company above).
The new road will have a grade not to exceed one per cent a
mile and a curvature of less than two degrees; it can be built
in about seven months.
The bonds, which are a little over
$18,000 a mile, cover the road and equipment. A close traffic
agreement has been made with the Rock Island, but we are
informed there is to be no merger of the properties.— V. 66,
articles
p. 337.
Erie
RR.— Listed. —The New York
Stock Exchange has
listed $2,000,000 additional first consolidated mortgage 4 per
cent gold prior lien bonds of 1986, making the total amount
The additional bonds were used
listed to date $33,452,000.
to provide for the following items
Balance of expenditures ($1,425,743) 1895-1898
$113,982
Expenditures Dec. 31, 189*. to Oct. 1, 1899:
Improvement at Buttalo, N. Y
5,403
Elevation of tracks and improvement of crossings at Jer251,301
sey City, N. J
100 coal oars ($68,540), 1,450 box cars ($1,024,859), 4
locomotives ($33,555)
1,126,954
Reducing gra >es: Middletown— Howells, N. Y.; Meadville,
188,769
Pa.— Gallon. O., and Pine Valley
Expenditures Sept. 30, 1899, to March 1, 1900
Elevation of tracks and improvement of orossings at Jersey City
139,864
Reducing grades: Between Middletown and Howells,
N. Y., and Meadville, Pa., aud Gallon, O
206,756
:
V. 71, p. 86.
Chicago Rock Island & Pacific Ry.— Extension.— The
charier of the Chicago Rock Island & Mexico RR. Co., as submitted recently to the Attorney- General of Texas for approval,
provides for the extension of the Chicago Rock Island &
Pacific lrom Liberal, Kan., its present southwestern terminus, to Santa Rosa, N. M., on the Pecos River, 266 miles.
A traffic agreement has been made with the El Paso &
Northeastern Railway, which company will extend its road
from Carrizosa, near White Oaks, north, a distance of 130
miles, to a connection with the Rock Island at Santa Rosa.
This new construction will afford the Rock Island a through
route to the Pacific coast via El Paso and the Southern Pacific— V. 71, p. 645.
Cincinnati Hamilton & Dayton Ry. Authorized —The
stockholders on Tuesday approved the proposition to
issue refunding and other bonds, as fully stated in V. 71, p.
1012.
The plan for refunding the deot and merging tbe
leased lines was left with the directors for action. V. 71,
bonds $1,000,000 were sold for $M70,000.
Directors. At a meeting of the directors held Thursday
James J. Hill of the Great Northern Ry. Co., Norman B.
Ream of Chicago, a director of the Baltimore & Onio and
Pullman companies, and Robert Bacon of J. P. Morgan &
Co., were elected directors in the place of Messrs. Qaintard,
Goodwin and Williamson.
Purchase.— The purchase by J. P. Morgan & Co. of a controlling interest in the stock of the Pennsylvania C >al Co.,
mentioned below, is believed to have been made in the interest of the Erie, possibly with the understanding that
p. 1012, 806.
other anthracite coal lines shall share in the acquitition.
Cincinnati New Orleans & Texas Pacific By.— Extension
of Lease. - President Samuel Spencer of the Southern Ry.
has received from the trustees of the Cin. Southern Ry. a
copy of their proposed agreement for the extension of the
lease of that property. It provides that the capital stock of
the lessee company shall be increased from $3 000,000 to
$5,000 0: 0; thnt the term of extension shall be sixty years,
V.
—
or until Oct. 12. 1966, andthe rental is $1,2 0,000 per annum,
payable quarterly. It also provides as follows:
That the party of the second part covenants and agrees with the
party of the Hrsi part that it will not enter into any agreement, express or implied, or any running or other arrangement whereby the
rreight or pacS' nger traffic shall be diverted from said railway, or
whereby the same going to or coming from points north or south of
Cincinnati or Chattanooga shall be in excess of the charges made
by other roads entering either of said cities and to be shipped noith
or south by the same.
The voters of Cincinnati will have to ratify the agreement, after the Southern Ry. and the trustees come to
terms, before the extended lease will be effective. V. 71, p.
—
908, 809.
$2,033,029
7»,380
Total
Deduct credits
$1,953,^49
Of the prior
—
lien
71, p. 963, 863.
Exeter Hampton & Amesbury Street Ry.— Gas and Electric Plant.— Bee Portsmouth Gas, Electric Light & Power
Co., under "Industrials."- V. 68, p. 1075.
Fountain Head Street RR. of Knoxville.— Receiver.— Mrs*
Mary J. MeCampbell, a minority stockholder, has secured the
appointment of a temporary receiver for this company and the
Foun ain City Land Co., which she alleges owe about $313,The capital stock of the street rail000, and are insolvent.
way is $350,000; bonds reported as "none;" miles of track 5^.
Grand Rapids Grand Haven & Muskegon Ry. —Increase
of Stock.— The company has increased its authorized capital
stock from $100,000 to $1,200,000.— V. 71. p. 437.
Grand Trunk Railway.— Guaranty Authorized. The
stockholders oo Dec. 11 authorized the guaranty of interest
on the first mortgage bonds of the Grand Tunk Wt-stern
Ry., formerly the Chicago & Grand Trunk RR. Th» Grand
TruEk Western is to be made a double track line, affording
an excellent connection with Chicago.—V. 71, p. 1066, 751.
—
—
—
—
:
THE CHRONICLF.
1220
—
—
fVou LXAl,
Metropolitan Street Ry. of Kansas City.— New Securities.
Grand Trunk Western Ry.—In Possession.— This new
Toe plan, fully given in our issue of June 16 (pige 1195), for
company took over the property of the former Chicago &
increasing the capital stock appears to have been revived,
Grand Trunk on Dec. 1.
Guaranty.— See Grand Trunk Ry. above.—V. 71, p. 1065, and it is stated may be made to include the creation of a new
bond issue and perhaps the consolidation of the street rail913.
way company with the electric- lighting companies, the same
Great Northern of Canada.— Steamship Connection,—The
with the Leyland Line whereby interests being in control of both.— V. 70, p. 176, 178.
company has made a contract
it charters certain boats of that line for five years to carry
Mexican Central Railway. Listed —The New York
grain between Quebec and Great Britain. This will enable Stock Exchange has listed $2,000,000 additional consolidated
the Great Northern to run a weekly service between Que- mortgage 4 per cent gold bonds of 1911, making the total
bec and England.— V. 71, p. 863, 698.
listed to date $64,643,000.
The total amount of bonds certified by the trustee is $68,911,000, of which $4,268,000 unInternational & Great Northern RR.— Proposed Pur
listed are accounted for as follows
chose. — The company announces that it will apply to the
—
:
Texas Legislature for authority to absorb the Calvert Waco
& Brazos Valley, now in operation from Marlin to Bryan, 68
rrnles, ar>d contemplates extending the line from Marlin north
to Fort Worth and from Bryan south to Spring. 22 miles north
of Houston, making a through line 283 miles long from
Houston to Fort Worth. How soon these extensions will be
undertaken it is impossible to gay.— V. 71, p. 342.
Interoceanic Railway of Mexico.—New Debenture Stock.
an extraordinary general meeting on Nov. 26 resolutions
were passed authorizing the board to issue 4.% per cent second debenture stock to the amount of £1,300,000 in pursu
ance of the plan in V. 71, p. 1120.
—At
Lake Superior & Ishpeming Ry.— Bonds Called.— In addition to the forty 1st mortgage $1,000 bonds of 1896 called
for payment, as stated last week, a second advertisement announces that a further $140,000 of bonds has been selected
by lot for redemption at 105 and accrued interest on Jan. 1,
1901.— See V.
Little
71, p. 1167.
Kanawha RR.— Coal Property.— See Braxton
Coal
Co under "Industrials" below.—V. 71, p. 1167.
Los Angeles & Salt Lake RR.— Organization.— The
,
articles of incorporation estimate tne length of this proposed road at 1,100 miles, and the cost of equipping and
building it at $25,000,000. The company's headquarters are
to be at Salt Lake City. The capital stock authorized is
The stock subscribed
$25,000,000; par value of shares $100
for is stated in the articles of incorporation as $2,501,600, of
which $1,600 in cash and $2,500,000 as representing "all
the property and franchises" of the Los Angeles Terminal
Ry. Said property is described as of the fair cash value
of $5,000,000, and was to be conveyed to the new corporation in consideration of the delivery of "the said 12,500
shares of stock above subscribed for by William A. Clark
and the said 12,500 shares of stock subscribed for by R. C.
Kerens, and also in consideration of the issuance by this
corporation and delivery to said William A. Clark of
$1,250,000 of the 4 per cent bonds of this corporation and
to said R. C. Kerens of $1,250,000 of the 4 per cent bonds of
this corporation."
The incorporators are
as follows:
William A. Clark, Butte; R. O. Kerens, St. Louis; J. Ross Clark, Los
Angeles; W. 8. McCorniok, Salt Lak>-; David Keith. Salt Lake; Thomas
Kearns, Salt Lake; Charles O. Whittemore, Salt Lake; Reed Smoot,
Provo; E. W. Clark, Ophir; Charles Clark, Central Township, Mo.; 8.
A. Bemis, 8t. Louis; Perry S. Heath, Munoie, Ind.; Riohard Kerens
Jr., St. Louia; Oharles W. Clark. Butte; George B. Lelghton. 8t. Louia;
r. E. Gibbon, Los Angeles; William B. Clark, Kansas City; A. H.
Elanlin, St. Louis.
The exact route to be fol'owed by the new line has not
been determined, bnt several routes are under consideration, including one, it is said, running via Ophir, another
via Fremont Pass, one via the valleys and another to go via
Lehi Junction and Tintic, all of which come together in
Lincoln County, Nevada. The directors, it is stated, have
awarded a contract for 8,000 tons of steel rails at $26 a ton.
The Empire Construction Co., with $1,000,000 authorized
capital stock, has been formed with the following officers to
build the road: J. Ross Clark President, George B. Leighton
Vice-President, H E. McKee, Secretary. These, with David
Keith, C. K. McCornick, Reed Smoot, R. C. Kerens, W. A.
Clark, T. E. Gibbon and T. F. Miller, form the boird of
directors.
Another allied company U the California & Utah
Exploration & Development Co. (See that company below
under "Industrial" companies.)
A change in th9 name of the road to the San Pedro Los
Angeles & Salt Lake Railway has been talked about, but so
far as we know has never been made.— V. 71, p. 1067.
Los Angeles Terminal Ry.— Sale .— See Los Angeles
Lake RR. above.— V, 71, p. 437, 390.
&
Salt
Issued to the public for exchanges
$3,000
Held by the Boston Safe Deposit <& Trust Co., agent, for future exchanges, which (with above $3,000) can be added
to the list with the approval of the Governing Committee.
319,000
Held as collateral under equipment and collateral gold
bonds, first series of 1897
1,275,000
Do for second series of 1899 and 1900
500,000
Purchased by trustee under subsidy trust fund, Nos. 67,912
to 68,911 inclusive
1,000,000
Issued to and owned by the company, Nos. 66,741 to 67,911
inclusive
1,171,000
Total
$4,268,000
several extensions, aggregating in all 80 miles in length, and bringing its total mileageup to 2,153. This mileage permits the issue of consolidated mortgage 4 per cents at tne rate of $32,000 per mile,
viz., $68,911,000, as above.— V. 71, p. 492, 338.
The company has constructed
Milwaukee Electric Ry. & Light
Co. Increase of Stock,
proposed to increase the common stock from $3,590,000 to $15,000,000, to provide funds for the extensive improvements contemplated in the course of the next five years
new mileage, power houses, etc. The increase will be voted
on by the stockholders at a meeting to be called probably
next month. V. 71, p, 809, 492.
—It
is
Minneapolis & St. Louis RR. Dividend Increased.— The
company has declared a semi-annual dividend of 2 per cent
^
per cent, payable
its ["common stock, an iucrease of
Jan. 15 to stock of record Deo. 31— V. 71, p. 918, 907.
on
Montreal & Province Line Ry.— Guaranteed Bonis.— This
company has made a mortgage to the National Trust Co. of
Toronto, as trustee, to secure $300,000 4 per cent 50-year 1st
mortgage gold bonds, guaranteed principal and interest by
endorsement by the Central Vermont Ry. Co. See V. 71, p.
—
857
;
V.
71, p. 390.
Nashville Chattanooga
—
2,709,149
3,181,968
Prior issues
Double track
I'urobase of roads
2GR.50O
5.0i 0,000
1,475,767
Total
St.
Louis Ry.— Called Bonds.—
called for redemption, will
be paid at the Continental National Bank of this city on Jan.
interest ceasing Jan. 1
Loan.
Second mortgage 6s of 1881
Tracy Citv Branch 6a of 1887....
Bon Air Branch 6s of 1887
2,
Amount.
(all)
(all)
Numbers.
$1,000,000
20,000
114,000
1 to 1,000 incl.
181 to 200 inol.
All.
Hallgarten & Co., 28 Broad st., offer for a limited time in
exchange for ihese bonds 1st consolidated mortgage 5 per
cent gold bonds due 1928. Terms upon application.— V. 71,
p. 864, 662, 643.
—
Nassau Electric RR. Dividend. The executive committee has recommended to the board of directors the payment of a dividend of 4 per cent on the company's preferred stock. The dividend will be payable Dec. 31, 1900.
The preferred stock issue is $6,500,000, of which the Brooklyn
Rapid Transit Co. owns $6,052,000. Under the lease the
Brooklyn Heights Co. pays all the charges of the Nassau
Co. and the 4 per cent dividend on the preferred shares.
V. 70, p. 328.
New Mexico Ry. & Coal Co.— Extension and Alliance.
See El Paso and Northeastern Ry. above. V. 66, p. 337.
—
—
New York Central & Hudson River RR.— Tax Assessment
Upheld.— The Appellate Division on Dec. 5 reversed the order
made by Justice Bisehoff last summer on an application of
the New York & Harlem RR. Company and the New York
Central RR Co., which struck from the roll of 1900 an assessment laid by the Tax Commissioners for $7,660,000 against
the property of these corporations. (See V. 71, p. 29 and 84.)
Boston & Albany.— See that company above. V. 71, p.
—
1121, 964.
New York & Harlem RR.—Increase Dividend.—The New
York Central & Hudson River RR. Co. announces that a
semi-annual dividend of 5 per cent on the capital stock of the
New York & Harlem RR. will be paid under the provisions
of the contract between the two compauies on Jan. 2 next
to stockholders of record Dec. 15. The rental payable by tae
Central was 8 per cent per annu n (4 per cent semiannually)
prior to the recent refuading of the 7 per cent bonds. Under
the agreement made at the time of said refunding $200,000 of
the annual saving therefrom goes to the Harlem stockholders, giving them an additional 1 per cent each half year, and
making their total rental from the Ctntral 10 per cent
yearly. In addition, the Metropolitan Street Ry. Co. pays as
rental for the Madison Ave. Street Railway a sum equal now
to 3^ per cent per annum, and next year to be increased to 4
16,273,000
A
3.58,i>00 per cent, payable semi annually in April and October.
2,205,275 lurther sum of
par cent per annum is also paid regularly
from the income of investments, making the total aunn.il
year
$35,738,181 dividend rate at present 14 per cut, and beginning next
14>£ per cent.
Louisville & Nashville RR.— Listed.— The New York
Stock Exchauge has listed $3,000,000 additional unified 50year 4 per cent gold bonds of 1940, making the total amount
listed to date $17,994,000. The total amount of unified bonds
executed to date is $35,733,000 as follows; Listed on New
York Stock Exchange (but since reduced bv $17 000), $18,011,000; deposited as part collateral to $11,500,000 L. & N.
5-20 coll. trust bonds, $12,880,000; in treasury of company,
$4,847,000.
The purposes for which the $35,73S,000 of bonds
have been issued were as follows:
Amounts.
Amounts.
Construction
$3, '290,697 Equipment
$195,025
Kxteualons
Blnkiutr funds
Premium on ponds for
sinking funds
Corporate purposes...
Purchase of. Htocks....
V. 71, p. 1120, 863.
&
The following bonds, maturing or
%
——
December
—
—
—
A
THE CHRONICLE.
15, 1900.]
1221
"Tax Decision.— See New York Central & Hudson River
Bonds—
West Shore RR. 1st M. 4s
RR. above.— V. 71, p. 29.
Heeoh Creek RR. 1st M. 4s
Pine
1st
New York New Haven & Hartford RR.— Bridgeport Im- N.J. Creek Ry.RR. 6s
Junction
lstJ4s
provement*.—The litigation with Wheeler & Howes of Michigan Central Issues
Bridgeport regarding the condemnation of property needed
for the four-tracking improvement has ended in a compromise
and the improvements, it is expected, will now be pushed to
completion.— V.
71, p. 1013, 646, 643.
—
Omaha & St. Louis RR. Proposition to Bondholders
Messrs. Gilman,;Son &Co., 62 Cedar Street, have issued a circular under date Dec. 11, stating that about $800,000 of the
first mortgage bonds have assented to a proposition to sell
their bonds at $700, or receive at par a new 3% per cent first
mortgage bond, together with $400 bonus in a new security
next to the first mortgage, and the payment of the three
coupons that will be in default Jan. 1, 1901. Signatures are
asked to a bondholders' agreement to carry this propos tion
into effect.—V. 71, p. 913, 646.
Peoria Decatnr & Evansville Ry.— Stricken from List.—
The second mortgage bonds and trust receipts therefor, as
also the capital sto^k of the company have been stricken
from the list of the New York Stock Exchange.— V. 71, p.
646, 492.
Pittsburg Bessemer & Lake Erie RR.—Meeting.— A stock
meeting has been called for Jan. 15 in Pittsburg for
thejpurpose, it is commonly supposed, of ratifying an arrangement by which the Carnegie Co. will assume full
control of the property, with a guaranty of 3 per cent a
year on the minority common stock. The total issue of
common is $10,000,000, of which $5,500,500 is owned by the
Carnegie Co.; the preferred 6 per cent stock is $1,500,000, of
holders'
which the Carnegie Co. owns
—
$500,100.
Stock Dividend. It is said that the common stockholders
will shortly receive a stock dividend of 5 per cent ($500,000)
in 6 per cent preferred stock now in the treasury.— V. 71, p.
1167, 1121.
Pittsburg
—W. C.
&
Castle
Shannon RR.— Purchase Completed.
Jutte, the coal operator, has paid tor the majority
of the stock, an option on which was obtained some time
ago. The "Pittsburg Gazette" says:
There are several New York operators interested in the deal whose
names will be made known when the company is reorganized. The
purchasers assume a debt of nearly $250,000 in bonds and second
mortgages. The new owners have in view the developing of the
entire traot of land beyond the hilltops, and will likely buy all the
purohaseable coal flelas within the limits of their road. The purchasers have other large improvements In view, and for this purpose
will issue bonds to the amount of $300,000. An electric line will
likely be built alongside the present road, which Is about six miles
long.—V. 71, p. 492.
St.
& Grand Island Ry.— Dividend
2% per cent has been declared on
Joseph
dividend of
Increased.—
the first preferred stock, payable Jan. 15 to stock of record Dec. 31. In
August last 1 per cent and in January 2 per cent was paid.
—V.
71, p. 859, 809.
St. Louis & San Francisco RR.— Listed.— The New York
Stock Exchange has listed the $1,100,000 Northwestern Division first mortgage purchase money 4 per cent gold coupon
bonds of
1930, in $500 and $1,000 pieces, and $964,800 additional common stock voting trust certificates, making the
total amount listed to date $27 408,700. The Northwestern
division bonds were described in V. 71, p. 1167.
—
Seattle Electric Co* Power House. The company is ar
ranging to build at a cost of between $500,000 ana $1,000,000
a new central power house to be operated in connection
with the plant of the Snoqualmie Falls Power Co., which is
now supplying the Seattle Electric Co. with the bulk of its
power.— V. 71, p. 438.
Southern Illinois & Missouri Bridge Co.— New Mississippi Bridge. This company has been incorporated in Illinois
in tbe interest of the Chicago & Eastern Illinois RR. Co. to
build a bridge over the Mississippi River at or near Thebes.
The incorporators are Myron J. Carpenter, Charles W.
Hillard and Oliver S. Lyford, all of Chicago and President
and Vice-Presidents of the C. & E I. RR. The bridge will
give that company direct connection with the St. Louis &
Southwestern RR. in place of the ferriage now employed.
Application for a charter is pending in Congress.
The
cost of the structure is estimated as between $1,500,000 and
—
$2,000,000.
—
Par.
$1,000,000
1,0 0,000
372,000
200,000
1,101,000
Kalamazoo Alleghany & Grand Rap. 1st 5s..
250,000
New York Central-Lake Shore Col Tr. 3^8 .5,0(0,000
Michigan Central Col. Tr. 3*28
5,000,(00
Pitts. MoKeesport & Youghiogheny 1st 6s
263,000
Chesapeake & Ohio Ry. Co. gen. mtg. 4^8....
500,000
Union Pacific RR. 1st 4s
500,000
Northern Paciflo Ry. prior lien 4s
500,000
Brooklyn Rapid Transit 5s
200,000
Br'klyn Queens Co. & Sub. 1st gen. mtg. 5s...
100,000
Syracuse Geneva & Corning 1st 7s
125,000
Toledo St. Louis <fe Kansas City 1st 6s
242.000
Stock—
Shares.
New York Central
20,000
New York & Hurlem
40,468
Beech Creek RR
40,000
Snuyten Duyvll & Port Morris
4,945
Pittsburg MoKeesport & Youghiogheny
2,000
Pittsburg & Lake Erie
8,000
Chicago* Northwest pref
16,250
N. Y. N. H. & H. RR
7,207
Wagner Palace Car
20,000
Delaware & Hudson
5,000
Michigan Central
100
Canada Southern Ry
2,100
Chicago Milwaukee & St. Paul
1,000
446
Vermont Valley Ry
Cleveland Cincinnati Chicago & Sc. Louis
33,500
Southern Ry. common
32,200
Lake Erie & Western
9,000
Chesapeake & Ohio common
33,060
Peoria & Eastern Ry
1,500
Brooklyn Rapid Transit
.
7,350
. . .
Value.
$1,150,000
1,090,000
483,600
210.000
1,146,000
312,500
4,825,000
4,82i\000
370,830
518,750
53i,625
527,500
212,^00
100,500
125,000
314,600
Value.
$2,83r>,000
8,498,280
2,000,000
9>-9,000
124,500
800,000
3,3f:3.750
l,fil3,470
3,400,000
580,000
10,500
122,062
126,375
40,140
2,227,750
571,550
324,000
1,235,617
16,500
525,425
—
Western, Etc, Roads. Committee Appointed. The following committee of financiers has been appointed to advise
with the Western railroad executives in matters relative to
the maintenance of freight rates.
E. H. Harriman, Jacob H. 8chiff of Kuhn, Loeb & Co., Robert Fleming of London (one of the chief reorganizers of the Atchison system),
Robert Bacon of J. P. Morgan & Co., and James Stillman, Col. Aldace
P. Walker, chairman of the Atchison board of directors, will act as
the alternate of Mr. Fleming.— V. 71, p. 1168.
West Virginia Central & Pittsburg Ry.— Listed in Baltimore. The Baltimore Stock Exchange has listed $4,000,000
additional capital stock, making the total amount listed $10,The new stock was
000,000, or the entire authorized capital.
issued some months ago to purchase the Davis Coal
Coke
Co. and 65 per cent of the capital stock of the Piedmont
—
&
&
Cumberland Ry.—V. 71, p. 1168, 860.
White Pass & Yukon Railway.— Stock Offered— Stock
Called.
As stated last week the company is issuing £750,000
5 per cent consolidated first mortgage debenture stock, re-
—
payable at par on Dec. 31, 1930, but redeemable at 110 per
cent by the company at any time after Die. 31, 1920, on six
months' notice, and in case of voluntary liquidation. The
issue was created to convert into one security all the existing
securities, to provide cash to pay for the second portion of
the railway, and for capital purposes, and for the purpose of
reducing the interest charge to 5 per cent per annum. Under
the trust deeds securing the first and second portion debenture stocks, the company has the right of redemption at £110
for each £100 issued. Notice of redemption has been given,
and the existing securities not exchanged under this scheme
will be paid off on June 30, 1901. The holders of any part of
the existing debenture stocks and debentures, on application,
will receive a preferential allotment of £110 of the consolidated first mortgage debenture stock in exchange for every
£ 100 of the existing securities held by them. Holders of
£431,196 out of the £469,830 existing securities, including the
holders of all the second debentures, have already agreed to
take stock of this issue in exchange for their present holdiDgs.
An amount of £474,316 of new stock will be required
to be issued in exchange for the old securities that are being
converted. Subscriptions were invited recently in London
for the balance of £475,684, payable 10 per cent on application, 10 per cent on allotment, 30 per cent one month after
allotment, and 50 per cent two months after allotment, or
payment in full may be made on allotment, in which event
interest will accrue from date of payment. Interest will be
payable on Jan. 1 and July 1. The first of such payments
will be made on July 1, 1901, and will be calculated on the
amounts paid from the dates of payment of the instalments.
The railway from Skaguay to White Horse is 112^ miles in
length, and the stock will be secured as a first mortgage
upon £752,073 bonds of the local companies owning the railway, and such bonds, which will constitute specific first
charges on the railway from Skaguay to White Horse, will
be vested, together with the whole of the capital stock and
shares of the local companies, in the Railway Share Trust
Agency Co., Limited, as trustees for the holders of the consolidated first mortgage debenture stock.— V. 71, p. 1168, 136
Southern Railway Co.
Reorganization of Louisville
Evansville& St. Louis. The Southern Ry. Co. of Illinois has
been incorporated at Springfield, 111., with $3,000,000 authorized capital stock, as one step in the reorganization of the
Louisville Evansville & St. Louis RR., recently foreclosed
and purchased by the Southern.—V. 71, p. 1167, 1068.
United New Jersey Railroad & Canal Co.— Refunding.
The $5,669,000 general mortgage 63 due March 1, 1901, will
INDUSTRIAL. GAS AND MISCELLANEOUS.
be refunded at a lower rate of interest. V. 58, p. 8 16.
Reduction
American Malting
Vanderbilt Estate. Securities Held
A list of the stocks, officially informed that Co. decision as to of Stock. We are
the reduction of the
no
bonds, cash, insurance and effects of the late Cornelius Vanstock is likely to be reached before next summer. See V. 71,
derbilt, as compiled for taxation by the State, was published
1011, 1068.— V. 71, p. 1068.
on Tuesday by the 'New York World," showing the total p.
American Rice Growers' Distribution Co.— The company
valuation of personal property to be $52,999,867.
The
amounts of the various securities, it is stated, are correctly is reported to have begun business.— V. 71, p. 954.
given, but the valuations in the aggrega'e vary about
American Smelting & Refining Co.— Plan.— The plan for
$700,030 from the total indicated by the official list. The a merger with M. Guggenheim's Sons, it is said, may be confollowing are some of the principal holdings and their present sidered by the directors of the American Company on Dec.
market value as reported;
18.—V. 71, p. 543.
—
&
—
—
—
—
—
—
— —
—
——
—
THE CHRONICLE.
1222
American St^el & Wire Co .—Steamship Bonds.
—Hermann
Sielcken, who resigned recently as a director, is quoted in
the " Pniladelphia News Bureau" as saying
I confess mvseif unable to understand why the American Steel &
Wire Co orofessing to have $40,0u0,000 of capital, should issue *5,630,000 in bonds for the purchase of twelve ore steamers when twelve
new boats of the same tonnage could to day be contracted for and
delivered in the spring of 19o2 for between *^,000.000 and $3,300,000, and th«re is plenty of tonnage to be had for the intervening season. Seventy five per cent of the American Steamship Co.'s stoofc was
right there in the American Steel & Wire directors' meeting. Of course
[Vol. LXXI.
B. E. Oartwright of Ridgwav, O B. Shaffer, J. G. Bennett, both of
Pittsburp; H. C. Jackson of Parkersburg, C. A. Newon of Buckhannon, Van Winkle & Ambler, attorneys, Parkersburg.
:
,
I resigned.
Another director, on the other hand, says
The Amerioan 8teamship Co. was organized for tbe purpose
:
of
property over to the American Steel & Wire
Co. It was formed two years ago, and since that time has earned
40peroent a year on its capital stock of $3,000,000. When its sale
was concluded to the Steel & Wire Co. the transaction was approved
unanimously, for it was believed that it would be an unusually good
asset. The American Steel & Wire Co. bought all the stock of the
American steamship Co.. for which it, gave in payment $5,63« ,000 in
5 per cent 20- j ear gold bonds, the principal and interest of which is
guaranteed by the Steel & Wire Co. Before the deal was ratified a full
accouut or its earnings, etc., was submitted by public accountants,
showing that the steamship company is able to earn enough to pay
the interest on its bonds and an amount to be used as a sinking fund
which, at the expiration of the 20- j ear period, would redeem the $5,5CO,oOO securities. In this way the American Steel & Wire Co., at the
expiration of that time, will secure, without the payment of a dollar, a
oomplete transportation system for carrying its own ores from its ore
regions to the different points where Its f aotoricB are located on the
eventually turning
its
great lakes.
Meeting of Directors.—At the meeting of directors on Monday Mr. Sielcken resigned from the board for the reasons
above stated, but, so far as could be learned, there was no
other opposition to the existing manner ment and no sensational developments.— V. 71, p. 1168, 1122.
American (Bell) Telephone & Telegraph Co.— Stock Out-
—We
are officially informed that after the paystanding.
ment on Jan. 15 of the amounts due on the new stock which
was offered to the shareholders last May (see V. 70, p. 896)
the company will have "outstanding" $94,237,500 of its
$100,000,000 share capital. Of this $94,537,500, $51,772,600
was issued in exchange for the stock of the American Bell
Telephone Co. and $10,354,520 is the aggregate sum already
issutd, or to be issued next January, at par under the offer
above referred to, leaving $32,110,380 applied to other pur-
poses.— V. 71,
Brooklyn Wharf & Warehouse Co.— Mortgages at Auc-
tion.—At auction, last week, Adrian H. Muller & Son. sold
for $5,000 a $10,000 bond and mortgage made by William
Biskerville, to the company, on property corner of Ferris
and Van Dyke streets, Borough of Brooklyn, dattd December 23, 1895; and for $40,000 a $40,000 bond and mortgage
" made by the Baltic Realty Co. to the Brooklyn Wharf and
Warehouse Co., dated June 17, 1897, upon property known
as the " Franklin Stores," owned by the Baltic Realty Co.,
situate in Brooklyn."— V. 71, p. 1069, 289.
p. 1014, 493.
Arlington Copper Co. of
New
—This company, whose office
is
Jersey.
at
Official
Statement.
No. 2 Wall St., has issued
property and its prospects.
California
& Utah
&
Exploration
& Development Co.—
Ally of Los Angeles
Salt Lake BR.— Thia company was orgauized recently at Salt Lake as an auxiliary corporation of
the Los ADg*les
Salt Lake RR. The authorized capital
stock is $6,000,000. The directors are
Thomas Kearns of Utah (President), Perry S. Heath of Indiana
(Vice-President), Richard Kerens Jr. of Missouri (Secretary), W. 8.
McCornick. R. C. Kerens, T. E. Gibbon, W. A. Clark, David Keith.
The chief object of the company is the buying of lands,
control of town sites, terminals and wharfage and the development of resources along the route of the railroad.
&
:
Canton Company of Baltimore. Purchase of Stock.—
Notice is given that $125,000, more or less, will be expended
in the purchase of the capital stock of the company for cancellation.
All offers in sealed envelopes endorsed "proposals to sell stock " will be considered, if received before 12
o'clock noon on Dec. 27, 1900.—V. 71, p. 1069, 965.
A
Central Foundry Co.— Agreement.— press dispatch from
Pittsburg says a trade agreement has been made with twelve
outside companies, and that as a result prices for soil pipe
will be advanced 12j£ per cent on Jan. 1.
V. 69, p. 228.
—
Crucible Steel Co.— First Dividend.— The company has
declared its first quarterly dividend of \% per Cnnt on the
preferred stock, payable Dec. 29.—V. 71, p. 1070, 184.
Distilling Co. of America. New Working Capital.—
Negotiations have practically been completed tor the sale of
a block of collateral trust bonds, which will provide the
company with some $4,000,000 additional working capital.
V. 71, p. 962, 915.
Dominion Coal Co., Limited. Purchase of Pennsylvania
—The company has purchased at Pittsburs: a large
amount of nut coal and slack (said to be 60,000 tone) for
acres of land at North delivery under its contract with the New Ejgland Gas &
Arlington, Bergen County, New Jersey, the greater portion of which
land is under-laid with a valuable copper deposit. The mines owned Coke Co., it being at present more profitable for the Dominare not proepeots, bat developed copper mines, upon which has been ion Company to sell its own coal in Canada than to ship it
a detailed statement regarding its
The statement says in part:
The corporation owns in fee simple about 150
Coal.
expended at least $250,000 in bringing them to their present state of
mining development. Plans have been drawn for a crushing and
leaching plant of 500 tons daily capacity, to be ereoted by the corporation at the mines. Tbe first section, viz., a plant of 125 tons daily
under the aforesaid contract to the United States.—V.
71, p.
137.
Eastern Elevator Co. of Buffalo.— Mor tgage. —The company has made a mortgage to the Fidelity Trust & Guaranty
Co. of Buffalo, as trustee, to secure $350,000 first mortgage 5
Five experts, it is stated, have nude a favorable report on per cent 15-year $1,000 gold bonds. The proceeds are to be
the propei ty. The capital stock is $2,500,000, of which $1,- used in rebuilding the elevator on the Buffalo River, which
000,000 is in the treasury; par value of shares, $10.
The was destroyed by fire last summer. The foundations for the
bonded debt is $400,000, including $160,000 in the treasury. new structure are practically completed and the elevator
The President is William McKenzie, President of the Hobart will be finished and ready for business by the opening of
Trust Co Passaic, N. J., and also of the Standard Bleacnery, navigation in the spring. John W. Daniels is President, and
Carlton Hill, N. J.— V. 71, p. 289.
Frank S. Elder, Secretary.—V. 66, p. 520.
Bay State Gas Co. of New Jersey.— Temporary ReceiverFisheries Company. Financial Results. This company
Sinking Fund Default. At Newark on Dec. 8 Judge Kirk- is a reorganization of the American Fisheries Co. The
patrick of the United States Circuit Court appointed Henry "Journal of Commerce & Commercial Bulletin" quotes a»
C. Kelsey of Trenton temporary receiver of the company on follows Lyman E. Warren, who represents the foreign con
the application of Chauacey G. Parker, acting for Patrick trolling interest:
J. Brady of New York, the holder of $10,000 second mortThe actual profits this season up to Oct. 31 were about $111,000,
gage bonds. The bill of complaint states that the defendant and these will be inoreased by about $30,000, representing subsecompany "has ceased to be a going concern in that it is no quent earnings. This total of, say $170,000, is sutfioient to pay the
longer transacting the business for which it was incorpor- entire year's bond Interest of $S0,000 and the preferred stook diviamounting
$140,000. The company, however, will n<>t use
ated and is insolvent;" also that the company has defaulted dend its working to
capital for this purpose. On oot. 31 we had about
up all
of $90,000 due to the sinking f and provided $300,000 oash on hand, about $166,000 of which represents proon the payment
ceeds from the sale of bonds after paying off the indebtedness of the
for in the boDd issue, and is being mismanaged.
and meeting reorganization
Position of Bonds. Brown Bros. & Co. and Vermilye & old companywith the exoeption of that Inexpenses. The total catch
1899, was the poorest in
til' s season,
Co , on behalf of large holders of Boston United ©as first nearly twenty years. The new management has cut down expenses
series 5 per cent bonds, recently caused an examination to be in every direction.
made of the property covered by the bonds and express themThe following table shows the total catch of fish by the
selves as satisfied with the results of the examination. They company's steamers this year and the output of oil and
further state that they are watching the interests of the other products, with comparisons with 1899:
bondholders and will act in due course for their protection,
1900
1699.
if in their judgment such action is required.
894,359
893,939
Fish received, bblB
capacity, is now in process of erection. It is expected that the com
pai.y will commence producing refined copper early in January, 1901.
,
—
—
—
Transfer Offices.— The Metropolitan Trust Co. of New
York and the American Loan & Trust Co. of Boston are now
acting as transfer agents for the company's stock.— V. 71, p.
1117,891.
Beloit (Wis.)
Water Co.— Offer
to
32.5H6
6,110
21,813
made, bbls
Dried scrap made, tons
Acid scrap made, tons
Oil
'27,941
6,377
19,880
—V. 71, p. 1169.
General Flectric Co.
Extra Dividend.—On Jan. 15, in
Sell— The company has addition to the regular quarterlv dividend of 2 per cent on
common stock, will be paid an extra
cent, both to stock of record Dec. 29. The
increased in October last from 6 to 8 per
dividends ma> make 8 per cent paid from
offered to sell its water-works plant to the city within sixty
davs for $237,500, either free from encumbrances or carrying
$175,000 bonded indebtedness. The plant, it is stated, yields
$16,000 a year over expenses.
the
Berlin ( Wis.) Electric Light, Heat & Power Co.— Bonds
Offered.— The company received bids recently for $32,500
first mortgage 10 year 5s or 6s semi-anLual gold coupon
bonds. Population of Berlin. 5,126; gross annual receipts of
plant, $14,000; annual expenditures, $7,000.
Braxton Coal Co. Incorporated.— This company has been
incorporated in West Virginia wi h $2,000,000 of authorized
capital stock, b> the new owners of the Little Kanawha RR.
(see V. 71, p. 1167).
Incorporators:
fiscal
year ending Jan.
31,
1901.— V.
dividend of 1 per
annual rate was
cent the present
the itc^me of the
;
71, p. 1169, 1122.
Hampton Roads Hotel Co.— Plan.— A
plan of reorganization ha-* been prepared by the reorganization cointnites and
fiUd with ihe Knickerbocker Trust Co., (16 Broadway, N. Y.
H. M. De Lanoie is Secretary of the committee. Ste V. 71,
p. 604, 32.
Indianapolis
(Natural)
Gas Co.— No Dividend.— The
dire tors have deferred action
says in part:
on the dividend.
A circular
-
—
December
15
—
—
THE CHRONICLE.
1900.]
It la with regret that your directors are forced to make known to
you the reasons which have oomp^lled them to defer aotion for the
present on the question of dividends. Under an old municipal
ordinance your company has been selling natural gas in Indianapolis
by contract without meter measurement. * * * Notwithstanding
the fact that we have expended large sums of money in new wells,
pump stations and additional pipelines in the field, tor the purpose of
bringing a greater volume of gas to the city, it has been found im-
possible to furnish a satisfactory service so long as the present wasteful use of gas is continued; at the same time our revenues have very
largely decreased In consequence of the wide extent of this practice.
It is our confident belief that the people of Indianapolis will surely
awake to a realization of the necessity, in their own interest, of
seouring such legislation as will extend the duration of the supply of
this most valuable fuel to the utmost possible limit. Meanwhile your
directors are determined to use every honorable effort in this direction, and to apply the revenues of the company to the protection
of its property.
The
officers of the
company
believe that its patrons, besides beicg guilty of wasteful practices, have resorted to unfair means to increase their supply of gas.— V. 71, p. 1015.
—
International Packing Co. Committees. In view of the
proposed liquida;ion, the following committees fire anStockholders Edward L. Brewster of E. L.
nounced
Brewster & Co., J. W. Horton and E. A. Sbedd bondholders— Edwin| Potter, President of the American Trust &
Savings Bank W. H. Henkle and John C. Hately. Deposits
of stock may be made with the American Trust & Savings
Bank, and the deposit of debentures with the Illinois Trust
& Savings Bank until Jan. 8, 1901. See report on page 1218.
V.71,p. 1169,1123.
—
:
—
—
;
;
—
International Steam Pump Co. Listed. The New York
Stock Exchange has listed the $8,850,000 6 per cent cumulative preferred stock and $12,262,500 common stock.— V. 71,
1223
Holders desiring to sell their stook must deliver valid certificates
therefor, duly indorsed in blank and in lawful shape for tr-nsfer, at
our office 23 Wall Street, in the City of New York, on Jan. 15, 1901,
or at any time within thirty days thereafter, and will receive cash
therefor at the rate of 552 per oent, equal to $276 per share, each
share being of the par value of $5o.
Such sale carries no interest to us in certain treasury assets of the
company, which have been reserved from sale and which are to bs
liquidated by the company and distributed as an extraordinary dividend to the shareholders of record on Jan. 8, 1901, at 3 r m.
have agreed to pay, for aocount of the company, simultaneously with
the purchase of the stook, any dividend out of such treasury assets,
which shall previously have been declared and paid over t<> us in
J. P. Morgan & Co.
cash for distribution to the shareholders.
We
The
directors
terest also
and representatives
made an announcement
of the maj riiy inof the sale, recommendthe aforesaid offer and
ing the other holders to accept
saying:
As stated in the circular issued by J. P. Morgan & Co., the sale of
stook does not carry with it any interests in certain treasury a«sf te of
the company, which have been reserved for distribution as a dividend
among the stockholders of record at the closing of the transfer book on
Jan. 8, 1901, at 3 p. m. In the opinion of the undersigned these assets
bave a value of at least $10,000,000. equal to a dividend of at least
200 per cent, the equivalent of $100 per share, which, added to the
price of 552 per cent, equal to $276 per share, to be paid by J. P. Morgan & Co., would make the aggregate amount to be received by the
stockholders, on sale of their stock, at least 752 per cent, equal to
$376 per share, the par value of eaoh share being oily $50. It is expeoted that the treasury assets of the company will be promptly liquidated, so that dividend from a very large proportion of such assets
will in all probability be distributed and paid through J P. Morgan
Oo. simultaneously with a payment for shares sold and delivered to
them; and the remaining assets will, as rapidly as they can be converted into cash, be paid over to the stockholders of record on Jan. 8,
1901 at 3 p. m., as aforesaid.
The undersigned direotors and stockholders strongly recommend
the acceptance of the offer by the other stockholders.
8amuel Thorno, John W. Sterling, James M. Jarvie, William V. 8.
Quintard,
Thorne, John R. Piatt, George G. Williams, George
Walton Ferguson and A 8. Hulbert, and the following among other
stockholders: F. P. Olcott, Arbuekle Brothers, C. F. Dieterioh, New
York Life Insurance & Trust Co., Laura A. Palmer. N. F. Palmer,
trustees, and David G. Leggett and George F. Dominick.
&
,
W
p. 1070, 235.
Jones Valley Iron Co.— Receiver.—T. H. Aldrioh has been
appointed receiver of this company, which has been operating under lease the Williamson furnace at Birmingham,
Ala. The receivership proceedings were instituted by the
Williamson Iron Co., owners of the furnace. The plant, it
is stated, produces about 70 tons of pig iron a day, which
is taken by Rogers, Brown & Co., under contract.
County Electric Light & Power Co.— Listed.— The
York Stock Exchange has listed $520,000 additional
capital stock, making the total amount listed to date $2," Tne sum received from the sale of this stock will
500,000.
be used in extensions and additions to the system." See V.
also balance sheet on page 1218.—V. 71, p. 1169.
71, p. 1015
Long Island Electric, Gas & Water Co.— Incorporated.—
This ctmpary was incorporated on Wednesday in New Jersey; authorized capital stock $500,000. Incorporators G. H.
B. Martin, F. R. Hansell, and Max Phillips, all of Camden.
Maritime Canal Co.— Intervention. — In a report submitted
Kinsrs
New
;
to Congress Dec. 7 the company asks the intervention of the
United States Government in obtaining from the Government of Nicaragua full recognition of the rights of the company, under the Cardenas-Menocal concession, and protection from wrongful confiscation of property and rights
justly acquired and solemnly guaranteed.— V. 71, p. 1169,
897.
Minneapolis Gas Light Co.— Price of Gas to Be Reduced.
The directors have decided that the price of gas heretofore
$1 50, with a discount of 20 cents if paid before the 10th of
the month, shall after the first of the year be $1 40 per 1,000
feet, but with the same discount.
National Rice Milling Co.— Stock Reduced.—The stockholders at a meeting on Tuesday, over three-fourths of the
stock being represented, unanimously authorized the reduction of the capital stock from $5,000,000 to $1,500,000, per
—
plan in V. 71, p. 1123. The officers are
Henry Kahn, President; Albert Baldwin Jr., Vloe-Pres. P. P.
Lynoh, Sec. and Treas. Directors— R. E. Craig, Adoloh Katz, Isidore
Newman. A. Baldwin, Albert Baldwin Jr., John H. Hanna, P. F.
Pescud, Henry Kahn and P. P. Lynch, all of New Orleans; A. Q
Keasbev of Newark, Frederick H. Benedict of this city and Pembroke
:
;
Jones of Wilmington, N. C.
The reorganization nlan
directors.— V. 71, p. 1123.
was prepared by the board
of
Ogden Gas Co. of Chicago.— Status.— The Chicago "Economist" eays:
The deal whereby a syndicate of People's Gas men will take over a
large majority of the Oijden Gas stook will be closed up early in January, and about that time the $6,000,000 bonds of the Ogden Co. will
be put out. The company began extending its mains in August. Between 35 and to miles have been laid, giving the company at this
time about
miles of mains. Underground work is practically com<
pleted for the year, b"t with the present plant it is expected th *t net
earnings will be sufficient to provide the interest charge on the new
bonds. As the plant of the coiupauy is extended, the extensions will
give additional security to the bonds. Control of the Cosmopolitan
Electric Company will pass at the same time as that of the Ogden Co.,
but no attempt will be made to materially extend the electric plant
at present.— V. 71, p. 970, 816.
—
Pennsylvania Coal Co.— Control Purchased. J. P. Morgan & Co. on Thursday issued a circular announcing their
purchase of a large amount of the company's capital stock
at $276 per $50 phare, or on the basis of $27,600,OiJO for the
entiie issu* of $5,000,000, the minority holders beiog offered
the same terms as the large holders. The circular says:
New York, Deo. 13, 1900.
T" the stockholders of the Pennsylvania Goal Oo :
We have purchased a large amount of the stook of the Pennsylvania Coal Co including all the stock held by the directors and
larger shareholders of the company. It is stipulated as a condition
of such purchase that we shall offer to all other stockholders electing to avail themselves thereof the oppoitunity to sell their stook to
us on the same terms. This we are prepared to do.
,
The property
stated,
of the Pennsylvania Coal Co. includes, it is
twenty-two mines in the Scranton & Pittston fields,
containing, it is estimated, 120,000,000 tons of anthracite in
sight (at 20 cents per ton, equal to $24.000,OCO) and producing annually between 2,200,000 and 2,600,000 tons, about 5,500
men and boys being employed. The purchaser acquires also
the franchises, rights of way and other property of the projected independent coal road to tidewater, the Delaware Valley
Kingston RR., and also the Erie
Wyoming Valley
RR., which extends from Scranton to Lackawaxen, 64 miles,
and was to be a part of the new route to the Hudson River.
The Pennsylvania Coa! Co. owned 49 per cent of the lastnamed company's capital stock, the balance beiDg held by
frietidly interests ; it owned also a valuable charter and 48
miles of gravity railroad with terminus at Hawley, Pa., and
the so-called Hawley Branch, 13 miles in length, which is
leased by the Erie RR.
It is understood that at present the Erie RR. is the company solely or chit fly interested in the purchase, though
some have thought the other anthracite lines would share in
the transaction on some such basis as was adoped in the case
of the Temple Iron Co. (see V. 71, p.;il70, 1124); V. 69, p, 1102.
&
&
People's Gas Light & Coke Co. of Chicago.—See Ogden
Gas Co. above.—V. 71, p. 1170, 1123.
—
Portage (Wis.) Water Co. Settlement. A press dispatch
between the city and the company
has been amicably adjusted. The city, it is said, has the
states that the litigation
right to purchase the plant at the appraisal if the purchase
is not made the company agrees to install a filtration plant
or to furnish water from artesian wells.
;
Portsmouth (N. H.) Gas, Electric Light & Power Co.—
Sold.— This property has been sold to W. D. Lovell, the managing director of the Exeter Hampton & Amesbury Street
Ry., it is stated, for toe Rockingham Lignt & Power Co.
Railway Equipment Co. of Minnesota.— Payment of
Bonds. The first mortgage, series A, 6 per cent bonds, maturing June 1, 1901, will be paid at maturity on presentation
&
at the offices of Maitland, Coppell
Co., 24 Exchange Place,
New York City. Holders desiring encashment of their
bonds prior to maturity may, until further notice, obtain
payment therefor on presentation as above at par and interest to date of ma f urity, less 4 per cent per annual for the unexpired time. See Chicago Great Western item, V. 71, p.
1119—V. 69, p. 177.
Reading(Pa.) Foundry Co. Assignment.— This company,
operating two plants for the manufacture of pipe at Reading, Pa., made an assignment on Tuesdav to tne Reading
Trust Co.
Safety Car Heating & Lighting Co. (Pintsfh Gas System).
Business. So far tbis year the company has equipped with
its lighting system 1,347 cars belonging to 65 railroads.
The
total number of cars thu? far equipped in this country aggregates 16,000, including 2,483 Pullman cars. Further facts
—
—
follow:
The company has
new
gas works this year, one at Albany,
an additional one at Jersey ity,
making three that are now in operation there; Montreal, Memphis,
Texarkana, Ark .aud Ha nlet. N. C. There are now in the United
States and Canada 55 plants for Pintsch gas, and one is projected for
the City of Mexioo —V. 70. p. 283.
N.
Y.;
built six
one at Los Angeles,
Cal.;
<
St. Lawrence Power Co.— Ready for Business —The St.
Lawrence Po ever Co., which has spent several million dollars in he construction of a canal and electrical power plant
i
at Maesena, N. Y., has about completed the work, and in a
handsom ely illustrated pamphlet invites the attention of
—
THE CHRONICLE
1224
manufacturers to the advantages to be obtained by location
at Massena. This town is on the Rome Watertown & Ogdensburg RR., 33 miles northeast of Ogdensburg. A canal
some three miles long and with a fall of fifty feet has been
dug to connect the St. Lawrence River with the Grasse
River, and an enormous power house has been erected which
will provide unlimited power at a minimum of cost. Copies
of the pamphlet deecriptive of the plant may be had at the
company's office, 40 Wall Street.— V. 71, p. 920.
Sheboygan (Wis.) National Gas Co.— Sold.— This property,
owned by the United Gas Improvement Co., has been suld to
a syndicate. The new officers are:
President, J. T. Lynn, Detroit; Secretary and Treaamer. Howard J.
Leaner, Detroit. Directors: M. B. Daly of Toledo, F. T. Hanoe of
Detroit, A. B. Eaton of Chicago, J. T. Lynn and Howard Leaner of
Detroit.
An expenditure of $75,000, it is stated, will be made for
improvements. At Ja9t accounts the company had outstanding $60,000 stock and $40,000 six per cent bonds.
Singer (Sewing Machine) Manufacturing Co.— Stock
Dividend. The stockholders, it is stated, will meet Dec. 17
to vote on a proposition to increase the capital stock from
$10,000,000 to $30,000,000, the new stock to be distributed as
a 200 per cent dividend. The cash distributions this year
bave aggregated 20 per cent, contrasting, it is understood,
with 100$ in 1899. The company is building a factory in
Russia —V. 71, p. 867, 604.
—
& Iron Co.— The results
for the three
estimated) were:
Profits of operation, $224,265; deductions for depreciation
and charges to extraordinary repair and renewal iund,
$27,173 net earnings, $107,092, applicable as follows:
3 mos. ending
Net
Bond
Prop, of
Bat., Bur.,
Pref.
Aug. 31.
[Earnings.
Interest.
Taxes
Dividend. Inel. Misc.
1900
$197,092
$50,644
$6,202
$114,000
$26,246
Sloss-Sbeffield Steel
months
ending
Nov.
30
(November
;
12 mos.
189900
—
$1,122,312
$202,575
$24,808
$456,000 $451,433
The actual surplus when the yearly statement is completed, it is stated, will show something in excess of the
3£Ixje
[Vol. LX2I.
(§ommzxtml 3pmjes,
COMMERCIAL EPITOME.
Friday Night, Dec.
The usual contraction
of business activity
14, 1900.
customary with
the approach of the holiday season and the close of the calendar year is now being experienced. In placing new orders
merchants, as a rule, have kept their purchases close to such
supplies as have been needed to meet immediate requirements. More seasonable weather conditions have been experienced both in the interior and on the seaboard,
and this
has
been favorable
for
the distributing
trade.
The general business outlook is considered a
healthy one, and following the turn of the year an immediate revival of demand is anticipated. The Agricultural
Bureau in its report issued on Monday indicated a larger
cotton crop than generally expected, resulting in a decline
in cotton values.
In the iron trade it is reported that the
production of pig iron for November showed the first increase since June 1st. Latest advices from Washington indicate that the import duty on tea will not be removed.
Lard on the spot has continued to meet with a slow sale.
The demand from exporters has been flat, and refiners have
been light buyers. Prices have weakened slightly, closing
at 7-50c. for prime Western and 7 '05c. for prime City.
Refined lard has been quiet and unchanged at 7 "60c. for refined
for the Com inent. Speculation in lard for future delivery
has been small, and with buyers indifferent prices have
weakened slightly. The close was quiet but steady.
DAILT 0LO8ING PRICES OF LARD FUTURES.
Wed. Thurt.
Mon. Tues.
Sat.
Fri*
7-50
7*50
7*50
7*50
December
750
755
Pork has been in fair demand and has sold at steady prices,
closiDg at $12@12 25 for old mess, $12 50@13 for new do.,
Tripler Liquid Air Co.— Stock Offered— Gerald M. Fen- $ 5 50 for family and $14 25@16 75 for short clear. Cut meats
nell & Co. are offering a further amount of stock "at $7 a have been quiet and prices have sagged to 5%c. for pickled
share (par valae $10), full paid and non assessable." The shoulders, 83^@8%c. for pickled hams and 7%@8%c. for
company was awarded the "Grand Prix" at Paris.— V. 71, pickled bellies, 14@10 lbs. average. Beef has been dull at unchanged prices, closing at $9 for mess, $10@10 50 for packet,
p. 1175.
Welsbach Co.— Profits. For the quarter ended Oct. 31 $11 50@12 for family and $14 25@17 for extra India mess
Tallow has been quiet but steady at 4%c,
the gross profits were $235,209; interest and sinking fund, in tcs.
Stearines have been steady, closing at 8@8^c. for lard stear$108,637; balance available for dividends, $126,572.
director says: "As these are three of the best months of ine and 6%c. for oleo stearine. Cotton-seed oil has had a
the year, you should not multiply this by four, but you can better sale, but at lower prices, closing at 30%@3lc. for prime
safely multiply it by two, which shows a rate of say $250,000 yellow. Butter has been in fair demand and firm, closing
per annum, which is between 7 per cent and 8 per cent on at 18@26c. for creamery. Cheese has been quiet but steady
the stock." The United Gas Improvement Co. is said to at 9% (g 12c. for creamery. Fresh eggs have been in slightly
better supply and prices have weakened slightly. The close
hold a majority of the |3,5CO,000 stock.—V. 71, p. 506, 37.
was steady at 28c. for choice Western.
Westchester Lighting Co.— Over-subscribed.—The bonds,
Brazil grades of coffee have been dull and easier. The
it is stated, were over- subscribed.
See V. 71, p. 1175.
trade generally has been an indifferent buyer, in the face of
Western Union Telegraph. Earnings. Earnings (partly large available supplies, full receipts and favorable prospects
estimated) for the quarter and the six months ending Dec. 31 for the growing crop. Offerings have been moderately free
were:
and prices have gradually sagged. The close was steady at
3 months ending
Net
Interest
Dividends
Balance, 7%c. for Rio No. 7.
West India growths have been dull and
Dec. 31.
Revenue.
Charges.
Paid.
Surplus. largely nominal
in values; good Cucuta has been quoted at
1900
$1,700,000
$239,040
$1,217,000
$243,960
1899
1,579,486
224,120
1,216,996
138,370 9%c. East India growths have been quiet and without
6 months—
changes. Speculation in the market for contracts has been
1900
$3,405,755
$478,080
$2,434,001
$493,674 quiet. There has been some selling by tired holders and
1899
3,V!46,053
448,240
2,433,b87
c63,826
prices have declined. The close was steadier on shorts covTotal surplus (estimated) Dec. 31, 1900, $8,951,878. The
ering. The following are the closing asked prices
regular 1)4 per cent dividend is payable Jau. 15.— V. 71, p.
6*15o.
Deo
600o. July
5-75o. March
above surplus.— V.
71, p. 970, 557.
—
A
—
:
i
1074.
Westinghouse Air Brake Co.— Extra Dividend.—The company has declared a quarterly dividend of 2% per cent and
an extra dividend of 3j^ per cent, a reduction in the latter of 1% per cent as compared with previous distributions this year. (See Investors' Supplement, page 173.)
President Westinghouse declines to give the reason for the
decrease, but says "the Westinghouse Air Brake Company
is not trying to buy the New York Air Brake Co., and no
negotiations are pending for guch a purchase."— V. 71,
p. 862.
Jan
Feb
— H. W. .Poor & Co. offer at 97^ and interest $500,000 first
mortgage 5 per cent gold bonds of the Sherman Shreveport
& Southern Ry. Co., due June 1, 1943, unconditionally guaranteed by the Missouri Kansas & Texas Railway Co. The
bonds offered are part of $589,000 authorized for the purpose
of constructing an extension of about 30 miles in order to
secure an outlet for Western traffic to the East through the
Queen & Crescent System at Shreveport, and an entrance for
Eastern traffic to points reached through the Missouri Kansas & Texas System. The statement of the Sherman Shreveport & Southern Railway Co. for the fiscal year ending June
30 last shows a total surplus of $201,745 94 after deduction of
all charges.
The bonds are listed on the New York Stock
Exchange. Further particulars may be found in the advertisement on another page.
A selected list of municipal, steam railroad and other
investment bonds and several issues of guaranteed stocks
are offered for sale by Redmond, Kerr & Co. The advertisement is on page x. Special circulars regarding these and
foreign government securities can be had from Messrs.
Redmond, Kerr & Co. on request
changes.
#
—
May
6-10o.
June
615o.
6-SOo.
Sept
6-250.
Oct
Raw sugars have weakened slightly, reflecting easier
European advices, based on favorable crop prospects, closing
at413-32c. for centrifugals, 96-deg. test, and 3 29 32c, for
muscovado, 89-deg. test. Refined sugar has been quiet and
unchanged. Molasses has been firm and higher. Teas have
been quiet but steady.
Kentucky tobacco has been quiet, but fairly well held.
Seed leaf tobacco has had a limited sale t slightly easier
prices.
Sales for the week were 2,445 cases, as follows :
1,320 cases 1899 crop, Wisconsin Havana, 10@13c; 450 cases
1899 crop, Zimmers, 15@16c; 450 cases 1899 crop, Pennsylvania seed, 12@13c; 75 cases 1899 crop, 'New England Havana, 30@50c, and 150 cases 1899 crop, Wisconsin Havana,
ll@12c; also 1,000 bales Havana at 43@90c. in bond and 150
bales Sumatra at 80c. @$1 60 in bond.
Straits tin nas been dull and under increasing supplies
prices have declined, closing at 26-75c. Ingot copper has
sold slowly and prices have been barely maintained at 17c.
for Lake. Lead has been in slow demand but prices have
held steady at 4-37J^c. for domestic. Spelter has been easier,
closing dull at 4-15@4*20c. Pig iron has been in moderate
demand and steady at |13@16 50 for domestic.
Refined petroleum has been steady, closing at 7'25c. in bbls.,
Naphtha unchanged at
4-70c. in bulk and 8'55c. in cases.
9 55e.
Crude certificates bave been neglected. Credit balances have been steady at $1 07. Spirits of turpentine has
sold slowly and prices have weakened to 40}<j(<Mlc. Rosins
have been in light supply and higher for the low grades,
closing at #1 72'.,'«"£l 75 for common and good strained. Hops
have been dull but steady. Wool has been quiet and without
5-80o.
5-90o.
I
I
—
.
. .
.
December
THE CHKONICLE.
15, 1900.]
COTTON.
Friday Night, December
In addition to above exports, our telegrams to-night also
us the following amounts of cotton on shipboard, not
cleared, at the ports named.
We add similar figures for
New York, whioh are prepared for our speoial use by Messrs.
Lambert & Barrows, Produce Exchange Building.
jjive
14, 1900.
The Movement of the Urop, as Indicated by our telegrams
from the South to-night, is given below. For the week ending
evening the total receipts have reached 311,7 6 bales,
against 306,284 bales last week and 234,844 bales the previous
week, making the total reoeipts since the 1st of Sept., 1900,
8,9S6,756 bales, against 3,523,949 bales for the same period of
1899, showing an increase since Sept.l, 1900, of 462,807 bales.
this
1
at—
Receipts
Hon.
Sat.
Tuei.
TKurs.
Wed,.
Total
Fri.
7,024 100,603
3,253
3,253
12,955 15,506 99,204
922 10,216
339
2,299
2,299
6,488 37,668
5,692
6,062
6062
657 1,721
4,790
15,332 11,549 28,125 18,528 20,045
Bab. Pass, &o.
New Orleans. . 17,395 17.545 17,354 18,449
1,751 2,500
3,184 1,520
Pensaoola, &c.
6,965 4,971
6,737 6,815
Brunsw'k.&c.
774
579
600
459
719
3,569
527
1,926
1,190
495
18
2,657
1,515
3,010
3,900
2,617
2,757
2,563
935
1,224
1,580
1,107
2,062
80O
1,858
1,971
1,025
1,794
893
889
148
90
63
97
119
Pt. Royal, <feo.
Wilmington
Wash'ton.&c.
Norfolk...
N'p't
1225
News, Ac
3,50 3
Baltimore
Philadel'a,
Ac.
8,526
18
16,456
2,563
5,984
10,154
3,503
517
week 48,534 45,122 62,769 54,465 46,433 54,393 311,716
The following shows the week's total receipts, the total since
Sept.l, 1900, and the stock to-night, compared with lastyeai.
Tot. this
ThiM
week.
Since Sep.
1, 1900.
Galveston... 100,6r3 1,068,607
Sab.P.,&o.
16,015
3,253
New Orleans 99,204 1,313,377
89,609
Mobile
10,216
51,975
P'saoola.&o.
2,299
Savannah... 37,668
Br'wiok.Ao.
Charleston..
P.Royal.&c.
619,143
52.884
169,468
388
199,221
6,062
4,790
......
Wilmington.
Wash'n, &o.
8,426
18
Norfolk..... 16,456
N'portN.,4© 2,563
New York... 5,984
BoBton...... 10,154
3,553
Baltimore .
517
Philadel.&o.
426
229,841
22,953
28,321
94.968
20,305
9,255
This
week.
Since Sep.
1, 1899.
62,^33 1,152,397
5,379
22,375
63 845 8 6,372
9,024 103,966
5,0.9
50,358
36,699 584,998
546
46,104
5,620 158,989
....
15,254
189,086
37
13,880
321
592
200,708
29,516
.......
-™».
40,063
8,362
61,721
48,000
12,578
4,753
6,930
11,126
32,985
45,762
20,288
3,681
3,847
3,879
2,081
311,716 3,986,756 228573 3,523,949
40,203
371
109,705
34.000
22,618
13,511
958,636 1,128,205
In order that comparison may be made with other years,
we give below the totals at leading ports for six seasons.
Beeeipts
at—
Galves'n.&c. 104,297
99,204
Mobile
10,216
Savannah...
37,668
4,790
Ohas'ton, Ac,
8,003
Wllm'ton, Ac
16,456
Norfolk
2,563
N. News, Ao.
28,519
All others...
New Orleans
Tot. this wk.
1898.
1899.
1900.
311,716
1895.
1896.
1897.
68,212
63 845
9,024
36,699
5,620
11,886
13,880
116,008
94,3C9
7,310
35,387
13,062
10,394
30,099
87,652
119,533
18,805
59,208
21.408
15,421
31,180
76,909
100,080
17,611
43,978
17,328
11,119
31,997
324
649
349
19,083
31.655
35,719
1.185
23,968
44,311
81,798
7,433
23,786
19,342
5,908
16,365
9,168
14,672
228,573
338,873
389,275
327,175
222,783
Since Sept. 1 3986,756 3523,949 5141,012 4899,039 4426,516 3144,393
for the week ending this evening reaoh a to si
of 176,746 bales, of whioh 112,245 were to Great Britain, 8,367
to Franoe and 56,134 to the rest of the Continent.
are the exports for the week and since Sept. 1, 1900.
The exports
Bekw
Week Bndint Dec. 14,
Exported to—
BxvorU
from—
From
8»vt.
1,
1900. to Dei . 11, 1900
Bxvoried to—
Great
Conti- lotal
threat
Trance
France
Brtt'n.
nent. Week. Britain.
9.80J
Galveston
37,871
Sab. Pass, Ac.
New Orleaui..
39,001
6,008
••••
1,600
Mobile
Peniaoola
Savannah
Brunswick
1900.
....
345
... ..
7,008
60,164
25460
1,800
7.00f
......
Charleston....
Port Royal....
Wilmington...
Norfolk
5,855
.•••.
N'port N., Ac.
5,655
,•••••
••*•••
•>••
7,214
Ml
15,193
......
11.907
15.4D3
Philadelphia..
Ban Fran., Ac.
.*•...
150
......
(Total. 1890....
4,132
150
1,090
—
Savannah
Orleans.
8,-92
8,69 i
269,124
8,2-9
16,186
2?5,019
6,666
60,974
857,183
28.311
48,798
396,«00
30,562
120,647
109,491
Charleston
Mobile
10,000
12,000
',645
32,000
2Q5.200
143,;36
112,557
17,351
2-.421
28,063
57,076
65,043
74,928 27,243 52,431 34,618 22,569 211,789
746,847
. .
5.000
4»,725
93,019
10,(
1,4
5,000
12".6b"6
New York
2,000
17,000
...
Other ports
Total 1900..
"hoo
2,145
9,000
Total 1899.. 62 290 23,195
Total 1898.. 184 306 66,820
6,000
63,795
101,634
00
00
27,205 176,3-5
78,361 4-1,121
951,820
900,413
Speculation in cotton for future delivery has been on a
fairly extensive scale, but it has been oa a lower basis of
values. The feature of the week has been the Bureau report
issued at noon on Monday, and which estimated the yield at
10,10 >,000 bales, or in excess of general expectations. This
report, coupled with a contiuued full crop movement,
the latter serving to strengthen the belief in a fairly good
yield, has had a tendency to shake the confidence of some
of the bull interest in the situation.
The selling to
liquidate long contracts has been
fairly free, and the
bear interest also has been more aggressive. The latter,
however, has been held in check to some extent in
the local market by the small stocli of cotton held at
New
uplands.
The rates on
and 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.
Fair
c. Us on Strict Good Mid. Tinged. o. 3 ie on
Middling Fair
% on Good Middling Tinged
Even
i« off
ttriot Good Middling
% on Middling Tinged
CJoodMiddling
strict
3.350
Low Middling
Strict Good Ordinary
Good Ordinary
%
Low Middling Tinged % off
Middling Stained
ifl off
Strict Low Mid. Stained... He off
Low Middling Stained
l%ofl
Strict
lheoff
On this basis the offioial prices for a few of the grades
week— Dec. 8 to Dec. 14—would be as follows.
for
the past
Sat.
3ood Ordinary.
Itfon
Tues
Wed
91,6
UPLANDS.
8is le
97 18
~8ihe
813 16
813 16
97
6
9'- 6
97
10' «
1058
10'. «
10«8
Low Middling..
middling
aood Middling.
10*8
107 16
lO'e
7
Stood Ordinary.
Low Middling..
10%
mon
Tue»
9l le
9H,6
Middling
1038
=»ood Middling.,
Vllddllng Fair..
ion,, 107,6
11% 10 78
STAINED.
Sat.
Low Middling...
10%
8%
9%
10%
Middling Tinged.
Glood Middling
Tinged
8*8
93s
9 78
9%
Th.
8
Wed Th.
9l,«
91. «
9Hi,
815 16
9
99 i b
10
10%
10%
105,6
10'i„
iO',6
10%
10?8
Mon Tue* Wed
9»8
Middling
Low
10l l6
105g
9>5„
<
9 78
9B, 6
GULF.
Strict
9^ 6
9%
9 8
10i, 6
Sat.
tfiddlingFair...
8H
9%
9%
9%
We
10 78
Fri.
9»16
10
io& ia
10%
Fri.
93, e
9i3 16
10%
if"
Th. Fri.
839
93s
88s
93s
9*2
9%
9 78
9 78
8%
9%
90s
10
The quotations for middling upland at New York on
Dec. 14 for each of the past 82 years have been as follows.
1900. ...o.lO
1876....0.12%
1884....0.10 7a
1892. ...0. 9%
135 18
1875
1883.
107, 8
1899
8
711i„ 1891
5lS la 1890
L898
1038
1874
938
1882
14%
7
I6I4
578
105 16
1897
1881
1873
1889
8
7
19 7a
12
1872
U196
1880
7%
1888
9 8
,20i«
1895
10» 18
12%
1871
1879
1887
8»ib
15-%
1894
1870
1878
8 78
5%
1886
9^16
117 ia 1869
(893
25%
8
1877
1885
9H
Note.—On Oct 1, 1874, grades 01 cotton as quoted were changed.
According to the new classification Middling was on that day quoted
360. lower than Middling of the old classification.
66,331
7,76 J
161.654
790
159,676
11,025
I5,'i29
11,422
5 16 on
s 16 ofl
7. 6 off
off
Low Middling
1,800
168.786
34,204
453
8,71«
1,400
Galveston
181,456
1,800
71.965
4,412
83,901
8.57 6 14.918 9,961 14,817
37,652 12.3Z5 23,625 l",70i
4,700
2.70;j 2,600
stock.
Total.
H
451,060 136,(99
20,022
5,100
25,512
100,776 21,005
24,006
69,673
755,974
1
850
8,182
849
•••*..
lotal
195,197
......
1,090
Baltimore
Total
•••••
Continent.
422,766 138,011
315
15,154
25,460
......
.
47,674
Leaving
Great
GerOther OonslBritain France many. For'gn wise.
....
913
11,849
New
at—
York, although during the decline of the past week prices
Stock.
have become so adjusted as to make them more attractive
for the shipment of cotton from the South to this market.
1900.
1899.
The advices received from the South have reported business
as quiet, demand being light from both domestic spinners
236,155 241,896 and expurters; prices have
been easier. To-day there was an
.....
>•»
unsettled market. The opening was at a decline, reflecting
343,925 390,311 weaker European advices and discounting a large crop
move38,421
39,435 ment for the week. Subsequntly, however, shorts in the
near-by deliveries became nervous and their bu^iag to cover
122,557 167,885 contracts advanced prices rather sharply, closing at a net
8,096
14,506 gain for the day of 6@17 points. Cotton on the spot has
18,751
24,243 been easier, but the close was steadier at 10c. for middling
1899.
1900.
Receipts to
Dee. 14.
ON SHIPBOARD, NOT CLEARED FOR—
Dec. 14
3,182
112.245
8.367
66134 176,718
1,487,932 312,537 1,026,207 2.816.676
64,341
11,677
63.410 14P.428
878,273 8JH.610 1,0(.4.191 2 27*974
MARKET AND
Futures
Spot Market
Closed.
Saturday ..Quiet
SALES.
Market
Closed.
Quiet
% dec... Steady
Tuesday... Quiet at % deo.ateady
Wednesday,8teady at % ad. 'Steady
Thursday., y met
Iflteady
Friday
Quiet at % adv..! Very steady,
Monday
Total
Dull at
I..— ..-...
I.
.... .-....-.
Sales of Spot
& Oontrao'i.
Ex-
Oon-
Con-
port.
$ump.
tract.
1'9
125
75
15
25
15
Total.
119
125
4,075
4,000
15
25
15
374 4,000 4,374
a
.
.
.
.
THE CHRONICLE.
1226
Futures.— Highest, lowest and closing prices at New York.
£
g.
9g
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the week and since September 1, the shipments for the
veek and the stocks to-night, and the same items for the
•orresponding period of 1899— is set out in detail below,
H»9
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,l
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lb<
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w^w<)©*©"-q"aV"-3WtO©©"coV wV*M*c^©*>bWC0M00©©*^a)
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0!*cji cfiitfi o^Tn tc"<ri o"V= co'j^Tt tcftr. enr
9
d
00
<i
00
1,059,000 620,000
52^,000 471,000
908,000 902,000
1,331,534 1,145,489
718 080 639,324
84,018
74,592
4.622,662 3,852,405
M
K5HH
©tOCOtO
tO>-«MC0
©ibtOW ©«-©
tO0O©<lW00|b®W' t0t0CJ0*"O©©©C5ta©-4ib©©©ib-3®-H
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i
-j
3i«d
3 *i«d.
:
5i»ie0.
5 7«o.
S^d.
6%d.
4^d.
35, 6 d.
3>4d
8 7 i«d.
3ii«d.
63sd.
t3T Continental imports past week have been 71,000 bales.
The above figures indicate a decrease in 1900 of 426,119
bales as compared with samt date of 1899, a loss of 1,448,068
1897.
*
Ma
w »
The above totals show that the interior stocks nave »n
reased during the week 50,510 bales, and are to-night 74,356
oales less than at same period last year. The receipts at all
(owns have been 83,501 bales more than same week last year.
Overland Movement for the Week and Since Sept. 1.—
We give below a statement showing the overland movement
'or the week and since Sept. 1, as made up from telegraphic
sports Friday night.
The results for the week ending
Dae. 14 and since Sept. 1 in the last two years are as follows.
1900.
December
14.
Week.
Shipped—
Via it. Louis......
Via Cairo
Via Paducah
49.089
12,921
303
3,325
7,392
Since
Sept.
1.
Week.
Since
Sept. 1.
457,324
2,591
17,018
472,720 39,611
121,270
7,993
418
3,720
35,321
800
5 9,658
4,912
5,6*7
27.595
113,380 14,859
92.645
833,664 74,260
860,110
20,158
152,849
t 8,569
19,274
13,488
4,861
1,146
1,761
1,262
110,161
27,177
45,347
26,165
240.692
16,511
182,685
Leaving total net overland*.. 66,480 592,972
Including movement by rail to Canada.
57,769
677,425
.............
Via Kook Island
Via Louisville....
Via Cincinnati
Via other routes, Ao...... ......
Total gross overland
Deduct shipments—
Overland to N. Y., Boston, &o.
Between interior towns........
Inland, Ao., from 8onth.. ......
Total to be deducted...
'
1899.
....
120,263
6,397
7,294
101,547
74,111
93,174
The foregoing shows that the week's net overland movement
year has been 66,180 bales, against 57,769 bales for the
veek in 1899, and that for the season to date the aggregate net
verland exhibits a decrease from a year ago of 84,453 bales.
aia
1899.
1900.
99,000 106000
5,000
5,000
48,200
40.3 JO
21,000
12,000
53.0O0
68,000
211,000 201,000
18 .000 148,000
620,200 580,300
4.622,662 3,852.405
5,242,862 4,432 705
from
S
<-•
0©tOtOOkSM©tOWcO-)tO©00©©©MMCO<lWWN)MlbC©©0
American—
bales from 1898 and a decline n * 637,911 bales
3
i
ao©e-qto©wCOMoiaEMMW©to©tOcccoibMtvib©ib©a.cj>M©
a.
,
.
lb,
COWJOM M ©M
CO ^HQCHMffi at.*co
*
to
w
.
442,000 629,000
Continental stocks
320,000 536.000
American afloat for Europe... 743,000 454.000
United States stook
958,636 1,128,205
United States interior stocks. 743,035 817,b91
42.017
26,923
United States exports to-day.
Total American
3,233,5913,606,613
Eatt Indian, Brazil, <tfc—
66,000
96,000
Liverpool stock
15,000
2,000
Londonstook
31,300
Continental stocks
27,200
India afloat for Europe
41.000
6,000
Egvpt. Brazil. *c. afloat,
72 000
81,000
Stock In Alexandria, Egypt... 156,000 172,000
Stook in Bombay, India
184,000 226,000
Total East India, &o
5ol.2(0 6)4. 300
Total American
. 3,233,594 3.606,613
Total visible su
3,794,794 4,220.913
Middling Upland, Hi verpool..
i^A.
6^e\.
Middling Upland, New York..
loo.
7Hi6<5Egypt GoodBrown, Liverpool
74d.
7d.
Peruv. Bough Good, Liverpool
73ad.
73sd.
Broach Fine, Liverpool
5'ii 6 d
43sd
Tinnevelly Good, Liverpool...
43, e d.
53iad.
ib
M
M
lb
M
MMMMM®W©WtOlbCOM C0|blb©O|btC©C0 VrOM
© m aojb y m ao M_to a_to to _«o_© ©*» jx -3©©touiooco©-i<x>a©M
tO
*>•
to-nignt, a» made up Dj
cable and telegraph, is as follows. Foreign stocks, as wel!
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
(Dec. 14), we add the item of exports from the United States,
including in it the exports of Friday only.
1899.
1898.
1900
1897
Stook at Liverpool
bales. 503,000
725,000 1,158,000 726,000
Stock at London
15,000
2,000
5,000
5,000
Total Great Britain stock. 523,000 727,000 1,163,000 731,000
8tock at Hamburg
16,000
13,000
15,000
8,000
Stook at Bremen
165,000 201.000 279,000 233,000
Stock at Amsterdam...
2,000
1,000
3,000
Stook at Rotterdam
200
300
200
300
Stook at Antwerp
5,000
7,000
5,000
8,000
Stook at Havre
84,000 221,000
187,000
184,000
Stock at Marseilles...
4,000
2.000
4,000
4,000
Stook at Barcelona
37.000
69,000
30,000
51,000
fc9,000
44,000
Stook at Genoa
36,000
16,0
3,000
5,000
10,000
Stook at Trieste
4,000
Total Continental stocks
347.200 587 300 570,200 511.300
Tetal European stocks.... 870,200 1,2*4,300 1,7 3,200 1,242,3 '0
India cotton afloat for Europe
41,000
6.000
2 «,000
12,000
Amer. cotton afloat for E'rope 743,000 454,000 903,000 902,0
72.000
81,000
EtjyDt, Brazll.&o. aflt.for E'pe
53,000
68.(00
Stock In Alexandria, Egypt... 156,000 17 2,000 211.000 201,000
181,000 226.000 183,000 143,000
Stock in Bombay, India
Stock In United states ports.. 958,636 1,128 205 1,321,534 1,145,484
Stock in U. 8. interior towns.
743,0 5 817,391
718,030 639,324
26,923
42,017
United States exports to-day..
84,048
74. 59 ^
Total visible supply
3,794,794 4,220,913 5,242,862 4,432,705
Of the above, totals of American and other descriptions are as follow :
bales.
s
sp
m a
»
ibCO*-©
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At the Interior Towns the movement—that is the receipts
for
>
I
oooD
I
5*
0:
gf:
ts;
??»:
[Vol. LXil.
Mn Sight and Spinners'
Takings.
Week.
Since
Sept.
1.
Week.
Since
Sept.
1.
311,716 3.986.756 228,573 3,523,949
66,480 £92,972 57,769 677,425
loathem consumption to Deo. 14. 28,000 4J0.000 29,000 433,000
403,196 4,999.728 315.342 4,631,374
50,510 698,408 12,372 574,208
327,714
Came Into sight during week. 456,706
5,208,582
5,698.136
Total in sight Doc 14
Sforth'n spinners tak'gs to
Movement^nto
Deo 14 103,596
98,888 1,149,918
sight in previous years
Week.
1898
1897
1896
1895
885,665
bales. 451,934
488,335
391,257
317,888
1898
1897
1896
1895
Since Sept. 1
bales. t>.723,242
6.414,067
5.683,013
4,501,315
W
.
Dmembkr
.
THE CHRONICLE.
15, 1900.]
1227
Charleston, South Carolina.— We have had rain on two
Quotations fob Middling Cotton at Other Markets.—
quotations of middling cotton at Southern days of the week, the rainfall being one hundredth of an
Below are oloeing
and other principal cotton markets for each day of the week. inch. Average thermometer 50, highest 61 and lowest 39.
Stateburg, South Carolina— Dry and moderately cold
0LO8IHQ QUOTATIONS FOB MIDDLIHO OOTTOR OH—
weather has prevailed all the week, with frost every mornWetk ending
ing and thin ice on Wednesday. The thermometer has averDee. 14.
Fri.
Wednes. Thurs.
Th«*.
Satur.
iron.
aged 44-3, the highest being 60 and the lowest 30.
9%
9%
9%
Galveston...
9%
9&J
9>fl
Greenwood, South Carolina.— We have had no rain the past
9%
9%
New Orleans »»l«
9H
9»w
9»1S
week. The thermometer has averaged 42, ranging from 31
9%
9
9%
9%
9*
9h«
to 54.
91 14
9» l8
» 8 l«
Savannah. ..
9%
Vt
9
9
9>«
9>«
Charleston..
9k
The following statement we have also received by telegraph,
9*8
938
9%
9%
Wilmington.
9«8
0*j
showing the height of the rivers at the points named at
9*3
9»«
Norfolk
9«8
9%
&•
?^' 6
8 o'clock Dec. 18, 1900, and Dec. 14, 1899.
934
9 78
9^
Boston...... 10*
10%
2I8
9*8
9%
9\
9*
Baltimore .
lOifl
10%
Dee. 13, '00. Dee. 14, '99.
10%
10%
10
Philadelphia ioaj
10%
10%
9389% 9%9%
9389%
9%
Augusta.....
9%
9\
Feet.
Feet.
938
9%
Memphis
9%
9-8
9%
34
9\
Above sero of gauge.
New Orleans...
9"ie
9<>8
9%
16-9
8t Louis....
9%
...Above zero 01 gauge.
9°a
9»i«
Memphis
27
2?"
9%
9%
6'2
9^8
10-6
Houston.....
9%
9%
Nashville
Above zero of gauge.
9»i«
9%
9%
9%
8-2
Otnolnnatl ..
» 73
4-6
9\
9\
Above sero of gat ge.
Shreveport.
934
9*j
9\
Louisville...
9%
9 78
9 T8
24
Above zero of gauge.
301
Vloksbnrg
The closing quotations to-day (Friday) at other important
India Cotton Movement from all Forts.—The reoelpts
Southern markets were as follows.
of ootton at Bombay and the shipments from all India ports
Nashville
Oolumbua.Mlss 8 78
Athens
.
9%
for the week ending Dec. 13, and for the season from Sept. 1
Natohes
Atlanta
Eulaula
8 7a
9%
9he to Dec. 13 for three years have been as follows:
Raleigh
Charlotte
Ga
9%
9%
Little Rook....
9
9% Shreveport....
Weather Reports by Telegraph.— Our advices
Oolumbus.
.
Montgomery...
9%
SiSie
this
evening by telegraph indicate that the weather has on the
whole been quite satisfactory at the South duriDg the week^
the rainfall having been light as a rule. Oar reports from
Arkansas denote that some picking is yet being done in that
State. The movement of cotton to market has been quite
1900.
Receipt* at—
Since
Week.
Bombay
—
Average thermometer
highest 66, lowest 38.
New Orleans, Louisiana. There has been rain on one day
of the past week, the precipitation being sixty-five hundredths of an inch. Thermometer has averaged 44.
Shreveport, Louisiana. Rain has fallen on one day of the
week, the rainfall being sixty-three hundredths of an inch.
The thermometer has averaged 48, ranging from 32 to 63.
Columbus, Mississippi. There has been rain on one day
during the week to the extent of thirty-nine hundredths of
an inch. The thermometer has ranged from 30 to 70, aver52,
—
—
51.
L'land, Mississippi.—
e 'have had rain during the week,
to the extent of fifty hundredths of an inch. Average thermometer 49, highest 72 and lowest 27.
Vicksburg, Mississippi. There has been rain on two days
of the week, the precipitation reachiog sixty- eight hundredths
of an inch. The thermometer has averaged 48, the highest
being 63 and the lowest 34.
Helena, Arkansas. Some picking is still being done.
have had sprinkles on two days during the week, the precipitation reaching nineteen hundredths of an inch. The thermometer has averaged 42-5, ranging from 30 to 55.
Little Rock, Arkansas.
There has been only a trace of
rain during the week. Favorable weather for gathering
cotton. The thermometer has ranged from 30 to 60 averaging 40.
Memphis, Tennessee. There has been rain on one day dnring the week, the precipitation being fonr hundredths of an
inch. Average tbermome'er 42*1, highest 57 and lowest 27.
Nashville, Tennessee.—There has been rain during the week
to the extent of one hundredth of an incd. The thermometer has averaged 41, the highest being 59 and the lowest 24.
Mobile, Alabama. Rain has fallen on one day of the week,
the rainfall being thirty hundredths of an inch. The thermometer has averaged 50, ranging from 34 to 66.
Montgomery, Alabama.
have had rain on one day the
past week, to the extent of one inch. The thermometer has
ranged from 32 to 62, averaging 46.
Selma, Alabama.— Rain has fallen on two days during the
week, to the extent of one inch and forty hundredths.
Average thermometer 52, highest 77, lowest 26.
Madison, Florida.—There has been rain on two days of the
week, tne rainfall reaching forty hundredths of an inch. The
thermometer has averaged 60, the highest being 74 and the
lowest 37.
Augusta, Georgia.
have had rain on one day of the
week, the precipitation beiDg seven hundredths of an inch.
from—
Great
Total.
—
We
—
11,000
11,000
12,000
5,000
5,000
1,000
2,000
1900..
—We
—We
The thermometer has averaged
45, ranging from 29 to 60.
Savannah, Georgia.— We have had rain on one day the
past week, to the extent of seventeen hundredths of an inch.
The thermometer has ranged from 39 to 62, averaging 49.
Great
Britain.
Continent.
1.
Total.
1,000
86,000
4,000
38,000
98,000
4.000
39,000
1,000
1.000
1,000
2,000
7,000
3,000
10,000
8,000
4,000
12,000
2,000
5,000
3,000
3,000
2,000
7,000
1,000
9,000
12,000
1,000
11,000
1,000
,
2,000
7,000
25,000
9,000
35,000
32,000
9,000
39,000
125,000
150,000
18,000
101,000
1899
Calcutta—
1900,.
1898....
Madras—
1899
1898
All others—
1900..
1,000
..
1899
4,000
Total all—
1900..
.
1899
1898
3.000
1,000
15,000
1,000
8,000
12,000
8",6bo
25,000
1,000
9,000
1 ,000
92,000
Alexandria Receipts and Shipments op Cotton.—
Alexandria, Egypt,
December
1900.
12.
Reoelpts (oantars*) . .
This week...........
320.000
3,586,000
260.000
Since
This
week.
1898.
1899.
2,690,000
1
Sept. 1.
This
week.
260.000
3,059,000
Since
This
week.
Sept. 1.
Since
Sept.l.
J
Exports (bales)—
To Liverpool.
11,000 143,000 23,000 180,000 12,000 122,000
11,000 94,000! 16,000 163,000 14,000 121,000
22,000 237,000 39,000 343,000 26,000 243,000
'
A oautar is 98 pounds.
)i
*
lnl
which to America in 1900, 19,126 bales; in 1899, 36,197 bales:
398, 12,804 bales.
Manchester Market.— Our report received by cable
from Manchester states that the market is quiet
for yarns and shirtings. The demand for both yarn and
to-night
We
cloth is improving.
give tbe prices for to-day below
and leave those for previous weeks of this and last year for
comparison.
1900.
8H
Twist.
d.
d.
Nov. 9 8>4 »93e
" 16 8E>16®938
" 23 87, a a93e
" 30 83s 9938
1899.
lbs. Shirt- Oott'n
common Mid. 32*
32* Oop. ings,
—
—
203,000
Bombay—
f
—
51,000
Since September
Continent.
—
aging
Sept. 1.
Exports
Britain.
Abilene, Texas. There have been showers on one day of
the week, the precipitation reaching thirty hundredths of an
inch. The thermometer has averaged 45, the highest being
62 and the lowest 3<\
Corpus Christi, Texas.— It has rained on one day of the
week, che precipitation reaching one mch and eighteen hundredths. The thermometer has averaged 56, ranging from
46 to 66.
Palestine, Texas.— There has been a trace of rain on one
day duriDg the week The thermometer has ranged from 34
to 66, averaging 50.
San Antonxo, Texas.— Rain has fallen on one day of the
week, to the extent of twenty-eight hundredths of an inch.
249,000
41.000
Bine*
Week.
Sept. 1.
For the Week.
1898..
est 48.
163,000
1898.
Since
Week.
Sept. 1.
48,000
liberal.
Galveston, Texas.—There has been rain on two days during
the week, the precipitation reaching one inch and eighty- five
hundredths. Average thermometer 56, highest 61 and low-
1899.
lipids
to finest.
d.
5
4*«©7 11
5
5
5
5
5
s.
d.
d.
s.
®8
5!flt>8
8H
d.
lbs.
Oop. ings,
Twist.
d.
Shirt
to finest.
s.
d.
s.
5 9 32 7
®7i«
4 10ifl»7
S»l„
7
®7*fl
5»8
5»8
59,6
538
7
4 10^97
4 10ifl»7
®7ia
Oott'n
commwi Mid.
4 10i«»7
4 10»a»7
d.
7ifl
7H
7**
7\
Upldi
d.
43,6
43 32
4"S2
41I32
7
®7ifl
6 »8
a>7i«
7
7*9
6 ®8
8^ S9ifi
®7i« 4 io>«a>7 713 43g
7
8% »9»8 5 5 ©7 11
New Orleans Cotton Excha nge.— At a meeting held on
Wednesday, December 5, tbe new board of directors of the
New Orleans Cotton Exchange re-elected Mr. Henry O.
Deo. 7
" 14
Hester Secretary and Superintendent for his thirty- first consecutive term. Mr. R. H. Lea was continued as Assistant
Superintendent, the position he has occupied for a number
of years. The following standing committees to 1 ervo during
the ensuing year were also appointed: Supervision E Bornemann, Chairman; H. R. Labcuisse, R. T. Hardie, W. Overton and S. Wexler. Finance— H. Stern, Chairman; H. C.
—
Ludlow and Edw.
Sevilla.
Jute Butts, Bagging, &c
—
The market for jute bagging
has been very quiet the past week and quotations are lower
at 63^c. for \% lbs. and 6J^c. for 2 lbs., standard grades.
Car- load lots of standard brands are quoted at 6%@7c., f. 0. b.,
according to quality. Jute butts dull and nominal at \%c.
for paper quality and l-50@2*45c. for bagging quality.
1
THE CHRONICLE.
1228
[Vol. LXXI,
Agricultural, Department's Cotton Report for DecemBritish and Continental Cotton Indcstries.— In our
1.
The report on cotton issued by the Agricultural editorial columns to-day will be found an article under the
Department, on De;. 10 is as follows:
The Statistician of the Department of Agriculture reports 10,100,000 above caption by our special Manchester correspondent.
hales as the prohable cotton production of the United 8tates for 19'>0shipping .News. As shown on a previous page, tbe
1901. In the making of this estimate the same methods and ageioies
used that were employed last year. Many thousands of exports of ootton from the United States the past week have
have been
reached 176,746 bales. The shipments in detail, as made up
ginijers have, however, made reports for the. first time.
The estimated area, in thousands of acres, after eliminating all from mall and telegraphic returns, are as follows:
acreage that has been entirely abandoned, is as follows:
Total balet.
1,285 „
Virginia
44 Loui-iana
Nbw „
York— «. ...
To Liverpool, per steamers Cevic,
—
ber
—
North Carolina
South Carolina
Georgia
1,3*2
2,367
3,55
169
Florida
Alabama
2,998
2,896
Mississippi
Texas
Arkansas
Tennessee
7,041
1,899
801
53
Missouri
Oklahoma
246
344
Indian Territory
25,034,734 acres.
Total
6-42 per cent more than last year.]
The estimated yield, in pounds of lint ootton per acre,
Virginia
180 Louisiana
199 Texas
North Carolina
167 Arkansas
South Carolina
[This
is
is
as follows:
234
226
223
177
318
289
275
172 Tennessee
133 Oklahoma
151 Indian Territory
Alabama
Mississippi
159 Missouri
On the basis of the Department's figures of acreage and
yield per acre, as given above, the indicated yields in pounds
for each Scate would be as below.
Georgia
Florida
Agricull'l Drpart's Estimates of
Slates.
Acreage.
44,000
1,342,000
2,367,000
3,551,000
169,000
2,998,000
2.896,000
1,28^,000
7,041,000
1,89^,000
801,000
246,000
344,000
52,000
North Carolina
South Carolina....
Georgia
Indian Ter
Yield per acre.
180
199
167
172
133
151
159
234
226
223
177
318
289
275
Pounds.
7,920,Oi
267,058,000
395,289,000
610,772,000
22,477,000
452,698,000
460.464,000
300,690,000
1,591,266,000
423,477,000
141 777,000
78,228 000
99,416,000
14,300,000
;
:
or 1-3 per cent in excess of the area (1,015,600 acres) finally returned
last year. The slight increase over previous figures is due, in some
districts, to the late monsoon rains, though the time of sowings of ootton had generally passed when the rains set in. The rainfall during
the months of August and September, 1900, has been much above the
average in most of the districts of the Province, and in some districts
the crop was injured by heavy floods or by excessive rains. The prospects of the crop have, however, been much improved since Ji-ly last.
Owing to the abundant rains in August and September the out-turn of
the cotton crop, on the whole, is expected to be above the average.
The second report on the prospects in the Central Provinces was issued under date of Nagpur, October 6, as follows:
The
latest estimates place the total area at 901 ,000 acres, or 23 per
cent in excess of the last year's area, and about 38 per cent above the
normal area. The crop was for the most part sown under favorable
conditions and germination was on the whole successful
Favorable
rain at sowing time and the high price which ootton commanded last
year, of the continuance of which there is also a strong expectation
among the people, have led to a considerable extension of cultivation.
The comparative cheapness of the seed has also led many cultivators
to spend their takavi and charitable grants on ootton
In only three
districts (Betul, Raipur and Sambalpur) is the current season s area
thought likely to fall short of last year's. In none of these is the crop
important. In September heavy rain did some damage and impened
weediiig operations, but clear weaiher has since set in; weeding i
almost completed, and the plants should now do well. District reports
generally estimate the out-turn as normal. I aui inclined, however, t
think that the damage by rain has been rath r exaggerated; and I
consider it probable that the out-turn should be a decidedly good one.
If the Provinces escape heavy rain at the end of October or beginning
of November, then an out-turn of
may salely be anticipated
throughout the Provinces The cotton crop in he Government Experimental Farm at Nagpur is In veiy fine condition.
•
HO
i
- The
following on the irrigation
of the Nile crop cf Egypt, dated Alexandria, Nov. 24, has
been furnished to us by Mr. Fr. Jac. Andres of Boston
The Nile of the present season has been the lowest in 100 years, hut
it has never happened that it, will be again as low the following year.
The great irrigation works now in course <>f construction on the Upper
Nile and Sounan will soon be amp y sufficient to provide w ter constantly for cultivation of ootton, su*ar, rice, and all other produce.
Binoe the Sudd on the White Nile (Victoria Nyai za Lakes) has been
removed, an enormous aniou t of water, formerly wasted, is now
available for navigation and irrigation. The extent or these vast
marshes formed by the Sudd covers an area greater than the entire
State of Massachusetts aud were full of hippopotami, crooodlles, etc
.
— Gustavus O Hopkim*, President of the New York Cotton
Exchange from ls<H> to 1898, and the sen or member of tbe
firm of Hopkiris, Dwight & Co.. died at his residence. No.
304 West btveuty-seventh S reet, Thursday morning, from
a complication of diseases. Mr. Hopkins was born Feb. 29,
1848, iu Tuscaloosa. Ala.
He came to New York in 1865, and
Exchange.
600
t
el
Grande, 6,0
10—
Deo.
s
6,300
1,550
I,0u0
To Passages— Deo. 7— Steamer Laurak Bat, 1.^50
To Malaga— Deo. 10— Steamer Berengner el Grande, .000.
Galveston— To Liverpool— Deo. 7-Steamer Castano, '0,u38
l
...
25,03 ,000
194
4,865,832,000
the seas >n of 189SJ 1900 the average net weight per bale
For
was 4833^ lbs., and applying that figure to the foregoing
total in pounds we reaca an indicated crop of 10 063,770
bales. Thus tar this season, however, the average net weight
upon which basis the above aggregate
is about 490 lbs
would give a yield of 9,930,270 bales.
East India Crop.— The second forecast on the cotton crop
of the Punjab for 1900 was issued by the Director of Land
Records and Agriculture under date of Lahore, Octobar 11,
as follows
The total area under cotton is now estimated to be 1,028,600 acres,
in 1878 joined the Cotton
To Lisbon-Dec 13— Bark Eliza, 00
To Barcelona— Deo. 7— Steamer Enero, 250
Steamer Berenguer
Indicated crop.
Totals
Egyptian Cotton Crop
3,381
Canadian, 1,890
5,271
To Hull, per steamer Ohio, 1 ,943
1,943
To Havre, per steamer La Bretagne, 525 UDland and 36
.'
Sea Island
561
To Bremen, per steamer Weimar, 1,202
1,202
To Hamburg, per steamer Patricia. 1090
1,090
To Antwerp, per steamers British Trader. 49t
Kensington (additional), 300
8t. Fillans (additional), 100
896
To Barcelona, per steamer Montserrat, 550
550
To Ve" ice. per steamer Picqua, -91
.
391
To Martinique, per steamer Caribee, 3
3
New Ori,ea»8-To Liverpool— Dec. 8 -Steamers American,
15,699; Cuban, 5,3 2; Traveller, 5,200
Deo. 12—
Steamer Barrister, 7.752
33,983
To Belfast— Dec. >•— Steamer Rathlin Head, 5.021
5,021
To Havre— Deo. 10— Steamer Ny>nza. h,006
6.006
To Bremen— Dec. 11— Steamer Tiverton, 2,'»56
2,056
To Hamburg— Dec. 1 1 Steamer Oncar Frederik, 700
700
To Antwerp—Dec. 14— 8teamer Nether field. 9i8
948
To Copenhagen— Doc. 13— Hteamer Texan, 2,000
2,000
.. Deo. 8— Steamer Orion, 7,076
Dec. 12— Steamer
Hy^aspes, 20,757
37,871
To Han burg-Dec. 8— Steamer Bernard, 2,051
Deo. 11—
Steamer Sheldrake, 1.218
3,269
To Antwerp Dec. 8— Steamer Nordhaven, 3,238
3,238
To Rotterdam— Dec. 13 Steamer Ooningsby, 795
795
To Vera Cruz -Dec 8— Steamer Hydra, 2,50
2,f0l
345
Ookpcs Christi, &c—To Mexico, per railroad, 345
eBNSACOLA— To Bordeaux— Deo. 8— Steamer Kairos, 1.8 r 0.... 1,800
Savannah—To Bremen— Dec. 8— Steamer Moorby, 5,241
Dec. 11— Steamer Tanagra, 8.S73 upland and 250 Sea
Deo i2— Steamer Winnie, 5 820
Island
20,184
To Barcelona Deo. 12 -Steamer Homewood, 3,075
3,075
To Genoa— Dec. 12— Steamer Homewood, t, 201.2,2M
Brunswick—To Manchester— Deo. li— Steamer Incemore,
7.008
7,008
-
Wilmington—To Queenstown— For orders -Dec. 11— Steamer
Dora, 5,655
5,655
Boston -To Liverpool— Deo. 4— Steamer Bohemian, 7,095....
Dec. 6— teamer Kansas, 1.135
Dec. 7 Steamer 8axonia. 4,990
Dec. 12— Steamer Commonwealth, i.llZ
15,493
150
Baltimore -To Antwerp— Deo. 5 Steamer Storm King, 150..
Seattle—To Japan— Deo. 10 -Steamer Idzumi Maru, 1,090... 1,090
176,746
Total
Cotton freights at
New York
the past week have been
as follows.
Batur.
Liverpoool
18®20
32^
32^
c.
Havre
Bremen
e.
c,
Hamburg
Amsterdam
30
50
50
50
45
45
48
50
c.
c
Rotterdam
c.
Reval, v.Br-Hamc.
Do
Do
v. Hull.-.c.
v. St. Pet.c.
Genoa, Jan
c.
Trieste
e.
Mon.
Tuts.
**•
Wednet. Tkurt.
16
16
16
16
16
32ifl
32is
32is
S2i«
321*
3D
30
30
30
30
30
30
30
30
30
Nom'l.
Nom'l.
Nom'l.
Noin'L
Nom'L
50
50
45
45
45
50
50
45
45
45
45
50
50
45
45
45
45
50
50
45
45
45
45
50
50
45
45
45
45
45
26*3
32*3
26ifi
26^
Antwerp..... ....c
26^
33
Ghent, v. Antw'p.c.
33
33
39
35
Quotations are oents per 100 lbs. or fraotions of a penny per
* And 5 per oent
26ia
33
lb.
—
Liverpool. By oable from Liverpool we have the following statement of the week's sales, stooks, &o., at that port,
Nov. 23
week
Forwarded
Total stock— Estimated
Of which American— Est'd.
Total Import of the week
Of which American....
53.000
2,400
1,900
44,000
7,000
91,000
430.0O0
373,000
163,000
145,000
Amount afloat
3>*6,0O0
Sales of the
bales.
Of which exporters took...
Of which speculators took.
Sales American
..........
.
Actual export
Of whioh Amerioan
34\000
Nov. 30.
59,000
1 400
1.200
52,000
5,000
106,<>
494,000
43.-1,000
174,000
151,000
307,000
269,000
Dec. 7.
Dec. 14.
44,000
1,600
49,000
1,300
VOO
400
43,000
12,000
93,000
41,000
4^tj,000
42* ,000
9 ",000
88,000
3 i7,000
264,000
1\000
83,000
0<,000
442,000
120,000
98,000
381.0O0
324,000
f
The tone of the Liverpool market for spots and futures
each day of the week ending Dec. 14 and the daily dosing
prioesof spot ootton, have been as follows.
.
December
THE CHRONICLE
15, 1900.J
The prloes
of futures at Liverpool for each day are gives
Prloes are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
The prices are given in pence and Q4,ths. Thus : 4 63 means
oelow,
4
tW
63-64<*.. and
5 01
means 5 l-64d.
Sat.
Dec.
8.
December... 5 24
5 22
Dec.-Jan
Jan.-Feb.... 5 21
Feb.-Moh... 5 16
Moh.-Aprll.. 5 14
April- May
5 12
May- June.. 5 10
d.
ITIoii.
Dec. 10
Dec. 11.
Wed. Tbi ars.
Tnea,
d.
Dec. 12.
d.
5 25 5 22 5 24 5 16 5 14 5
5 22 5 If*
5 20 5 17
5 18 5 15
5 16 5 13
5 13 5 11
5 11 5 09
June-July... 5 06 5 OS 5 07
July Aug.... 5 03 5 05 5 04
Aug.-Sept... 4 54 4 55 4 55
Sept-Oot
d.
d.
Dec. 13.
Fri.
Dec. 14.
d.
d.
U
d.
d.
d.
d.
5 12 5 17 5 18 5 15 5 15
5 12 5 12
511 5 08 5 09 5 14 5 15
5 19 5 11 50i S06 5 07 5 12 5 13
521
5 17
5 15
5 13
5 11
5 08
5 0<s
5 13
5 105
5 09 5 06 5 04 5 05 5 09 5 11 5 08 5
5 07 5 Oi =.02 5 03 5 07 5 09 5 06 5
5 05 5 02 5 00 5 00 5 05 5 06 5 03 5
501
1229
its influence in favor of ihe marmarket has been moderately active, and
on limited offerings prices have advanced. _ Today there
was an unchanged and steady market.
,-^»astsri
has had
year,
and
this, too,
ket.
The
local spot
NEW YORK.
12^ 1 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. P.M. P.M.
d.
%
1
:
.
.
00 4 62
5 01 4 61 4 60
4 63 4 59 4 57
4 56 4 50 4 47 4 45
5
4 62 50J 5 01 5
4 60 5 00 5 02 4
4 68 462 4 63 4
4 46 4 48 4 50 4
10
08
06
03
0115 01
63 63
tO 4 60
47 4 47
4,
,
DAILY CLOSING PBICRS OF OATS IN
Sat.
Mon. Tues.
26%
27
27
NO. 2 mixed In elev
SO. 2
81
Fri.
27%
27
31
DAILY CLOSING PRICES OF NO. 2 MIXED OATS IN CHICAGO.
Fri.
Sat.
Mon.
Tues.
Wed. Ihurs.
21
21%
2m 21%
21%
213s
23%
23%
23%
23%
23%
23%
Rye has received some attention from exporters, and
prices have held steady. BarL-y has been dull.
Deo. delivery in elev
May delivery in elev
)
-2
Following are the closing quotations:
Fine
Superfine
Extra, No. 2
Extra, No. 1
Clears
Straights
Patent, spring
3
SvTieat,
FLOUR.
30
Patent, winter.... $3 75 -»3
40
City mills, patent.. 4 20 «4
55
Ryeflour.Buperflne 2 80 ®3
75
Buckwheat flour.. 2 00 -02
35
Corn meal90
Western, eto
2 25 «2
2 35
Brandywine ....
60
at prloes below those for barrels.)
©2
02
®2
®2
®3
40 ®3
95 ®4
20
35
50
25
80
$2
2
2
2
2
3
(Wheat Hour In sacks sella
BREADSTUFFS.
Thurs.
30%
30%
30%
30
white In elev
Wed.
27
per busn.—
o.
GRAIN.
Corn, per bush.—
o.
90
70
25
10
30
O.
Friday, Dec. 14, 1900.
Western mixed
44 •»46%
HardDuluth.No.l 85%cT>87%
No. 2 mixed
4<1%946%
N'thern Dul., No.l 81%3>84%
The improvement in the demand for wheat flour, as noted
Western yellow
43% 945%
Red winter, No. 2 77 -a>78 7s
in our last issue, has wholly subsided. Business for the week
Western white
Hard N. Y. No. 1. 84%a>86%
44% 946%
has been quiet, the few purchases made being limited almost Oats—Mlx'd, p. bush. 27 ®30
Rye, per bush30%a>36
exclusively to car-load lots. Early in the week mills held
Western
White
53 1T57
»
27^928%
State and Jersey
No. 2 mixed
firm on the higher basis of values esta lished by the recent
Barley— Western
56 ®67
31 ®32
No. 2 white.
demand. At the close, however, some sellers weakened and
Feedlnsr
42 -949
appeared to be ready to meet buyers at concessions of 5c. to
Exports of Bheadstuffs, Provisions, Cotton and
Rye flour has had only a small sale and prices
10c. per bbl.
The demand for buckwheat has been Petroleum.— The exports of these articles during the month
have been easier.
light, but values have been fairly well maintained.
Corn- of November, and the eleven months, for the past three
meal has had only a small sale and prices^have been barely years bave been as follows:
—
steady.
Speculation in wheat for future delivery has been quiet
and for the week prices show only fractional changes. Early
in the week large receipts at primary points, running in
excess of those reported at this time last year, induced more
aggressive selling on the part of bear operators, and prices
weakened sl'ghtly. Developments in the statistical positioD,
however, have been generally favorable. The visible supply
showed a moderate decrease, against an increase a year ago.
It also was claimed that while the United States visible sup-
1900.
Bxvortt
from 0.
S.
1898.
1899.
November. 11 Months. November. \1 Month/. Novembtr.
u Month
Quantities.
Wheat.bush.
8,2M,i63
88,d74,12^
9,41 1,344 10t.945.688
Flour... bbls.
1,633.761
16,838,948
1.774,991
Wheat.... bu. 15.153,087 16S,8W4,3H4
17,308,803 178,325,191
Corn... bush.
19,340,114 185,8o2,059
Tot. bush.
20,073,676 167,983,814
16.449. c 62 128.487,623
16,973,22*
1,781,868
14.615,682
24,468 40 194,257,742
16 197.8^5 185,284,340
<
35,226,068 831,878,198 36,788,917 364,167,860 39,666,238 379,642,082
ply is larger than at this time last year, the supply in
Values.
$
$
$
$
$
1
private warehouses and interior warehouses in the North- Wh't& flour. 11,463,970 124,883 876 13,102,753 189,867,782 19,103.440 179,460,626
west is much smaller. The export business has been light, Oorn& meal. 9.313,603 75,891 2'M 7.942,771 76,577.91t 6,994.674 70,223 SS 6
42,72"
but the domestic milling demand ba3 been reported as un1.167.103
3,068,06-41,811
696,41,9
8. 307, 1 04
usually good. The improvement in the statistical posi- Oat* & meal. 1,023,134 10,883.964
723,3^ 13,699,775
973.957 17,076,416
88,795
5.591,51^
7,0tff,618
l,685.30r
238,206
2,069,660
tion, coupled with predictions of a falling off in the Barley
receipts at the Northwest markets stimulated buying to cover Br'dstoffs.... 21.P62.227 218,407,757 23,446,030 240,279,05- 26,900 586 277,188,041
contracts during the mid-week trading, and the loss in prices Provisions*. 16,875,617 ie4.019,087 14,900.272 190,318.486 16,601,324 178,475,665
was more than recovered. On Thursday the market again Ootton
41,576.210 2f 9,949,525 26,622,139 165,260 80- 39,407,542 192,529,788
turned easier, expectations of an increase in the visible sup- Petrol'm.&o 6,134,598 68,148,389 6,632,258 53,506,222 4.496,25' 48,856,791
ply for the current week, as a result of a material gain in the
Tot value. 84,548,f62 740.554.758 71.500 694 645,3*4.567 86,406,702 6f6,500,2?5
Northwest stocks, prompting moderate selling, partly to
The movement of breadstuffs to market as indicated in the
liquidate long contracts. The spot market has been firmer
but quiet. Premiums have increased slightly. To-day there statements below is prepared by us from the figures colwas a dull market, with only slight changes in prices. The lected by the New York Produce Exchange. The receipts at
spot market was steady. The sales for export here and at Western lake and river ports for the week ending Dec, 8,
and since Aug. 1, for each of the last three years have been:
outports were 165,000 bushels.
DAILY CLOSING PRICES OF NO. 2 BED WINTER IN
YORK.
flour.
Uf«i»ti «t—
Wheat.
Corn.
u%t.
Oatj.
Barlty.
Sat.
Mon.
lues.
Fri.
Wed. Thurs.
Cash wheat i. o. b
77%
77%
78%
78
78%
78%
Bblt.lOtllbs BiMh.60Ibi Bush.B6lbf Bus 32! K« Bush.iSU Bu. 66 lbs.
7678
Deo. delivery in elev
76%
76%
77
76%
76%
NEW
ft.
March delivery
May
in elev..
79*8
78%
78%
79^
79%
79%
79%
79%
78 78
79
DAILY CLOSING PRICKS OF NO. 2 SPRING IN CHICAGO.
Mon.
Tu.es.
Sto*.
Wed. Thurs.
delivery In elev
%
Fri.
70%
70%
70
70%
70*3
71*8
70*9
70%
73
73 78
73%
73%
73%
Indian corn futures have been quiet and the tendency of
prices has ^een towards a lower basis. The principal bearish factor has been more favorable climatic conditions in
the corn belt. Colder wea'her has been experienced, and
Deo. delivery In elev
Jan. delivery in elev
May delivery In elev
7<
70%
73%
.
j
is
ports were 350,000 bushels.
YORK.
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN NE
Wed. Thurs.
Fri.
Sat.
Mon. Tues.
45ia
45
46*2
45%
Cash corn 1. o. b
45%
45%
45
44%
45*4
45
44%
Deo. delivery in elev
45%
42
42
42
41%
42%
May delivery In elev
41%
DAILY CLOSING PRICKS OF NO. 2 MIXED CORN IN CHICAGO.
Fri
Wed. Thurs.
Sat.
Tues.
Mon.
37
3734
36%
36%
Deo. delivery in elev
36%
36»a
3~%
35*8
35%
35%
35%
35%
Mar. delivery in elev
36
36*4
36%
35%
36
May delivery In elev
.
36%
Oats for future delivery at the Western market have been
steady. There has been a limited amount of speculative
buying for investment account, based on the very moderate
movement of the crop and limited country offerings. It is
reported that Russian crop is 80,000,000 bushels short of last
W
868.557
1.853 907
1.668.872
210.75t
92,700
88,790
60.000
4,493
19,407
2.43S.34C
386 580
36,188
125.601
760,464
36,732
275,593
477,829
839 150
80.766
115,940
6,500
31,676
22.600
13.636
10,870
7,400
80,750
63,400
7,500
2,800
~96,280
47,340
252.51
491.990
13,500
a 1,70c
651,200
443,600
225,760
16,415
344.300
44.898
65,293
136,319
145,600
185,000
84,000
Tot.wk.1900
269.686
5,441,491
4,689,070
2,689,697
1,064,834
Janae wk.'99.
310.497
4,t 07.201
3.691,931
2,795.654
1,157.335
85.664
tame
837,696
9,829,016
4,319.061
4,270,294
l,466,9t3
353, 5C6
7,696.838 118 990,112 7?,556 288 68 984 018
7,929.318 114,011,247 8 J ,42l,113 78,562 828
6,719 5«1 156,491,7671 80 461,305 71.W28 579
25,282.676
lilnneapolls.
69%
70%
expected to be reflated in a freer crop movement
and a better grading of the new crop. The country offerings
of corn also have shown some inciease. Available supplies,
however, are still very moderate, and thus far there has
been no tendency toward accumulating stocks to auy great
extent. Business in the spot market has been moderately
active, exporters being freer buyers during the latter part of
the week at a decline in prices. To-day there was a quiet
market, but prices advanced slightly. The spot market was
moderately active. The sales for export here and at out-
this
Milwaukee
180.096
29,050
800 98S
79%
78%
5,800
He veland
it.
Louis
. .
....
Kansas City.
wk.'98.
Hnce Au«.
82.(98
1.
1900
lo99 .*•»••#•••
1898
2,3(6.824
21,279 193 3.233,344
22, 58.P73 6,639,238
The receipts or flour and grain at the seaboard ports for
week ended Dec. 8, 1900, follow
-he
Rtctim at—
<ew York
Joston
Montreal
FiOW,
bbls.
146,1'<1
Philadelphia
54,485
6.E00
87,714
Baltimore
66 680
ilohmond
few Orleans*.
'ewoortNewi
1,226
12.902
Norfolk
iaiveston
•ort land,
Me
27.871
1,005
4,390
Mobile
Port Arthur
Wheat,
bush.
*67,2<0
8H.337
17,400
254.-M*
18-\747
1.9-<3
155 000
16.822
90
21B.O0O
76 ;63
24,807
73.000
dt.John.N.B
Total week
feek 1899
*
Corn,
bush.
Oats,
bush.
9 '3,325
B«rl«*
575,400
139,804
10,000
272 266
1E8 000
y 2i->
63 195
47-,6a0
1.046 214
1,177 903
22.970
84P.119
145 714
3.017
bush.
By*,
bush
98.700
3.H0O
3750
8.900
8.200
13,665
2,064
2t<,230
536
3,500
70,316
26 '..' 6
1E6.368
•#••*
86,2
397,673
407,679
1,531.807
1,793,792
6,141.756
4,205,337
1,308,199
1,260,006
Receipts do not include grain passing through
on through bills of lading.
128,215
386,662
New Orleans
36.730
93,137
for foreign
iorti
Total receipts at ports from Jan,
collows for four years:
1
to Dec. 8
compare as
W
THE CHRONICLE.
1230
»8W
LOW
itttfb.
20,053,682
182 321.980
198.6^8.059
60.084,191
6.768.211
14,464.814
101,888 812
178.606,941
7**i»-*23
9.900199
_S.«8*.0TO
lll.ilS.080
190.478.68S
e»,24*.078
is.8io.eia
6.660.8E0
409,692,686
484,102.806
"
Total grain....
90.87<».807
[Vol. LXXI.
Domestic Ootton Goods.— The exports of cotton goods
from this port for the week ending Dec. 10 were 3,171
898.981.623
"
«r«
84.499,853
"
Barley
80,498.868
8Ee.B10.906
oat!
packages, valued at $168,474, their destination being to the
points specified in the tables below
18,468.081
11,167.648
several seaboard ports for the week
ending Deo. 8, 1900, axe shown in the annexed statement:
B*rltt.
Oat*.
lit*.
Phu,
flour,
Corn,
WhtaU
btuh.
bu*h.
bu*h.
bbl*.
btuh.
bu*a.
mxfortt from— but*.
807.694
100,861
86.668
10.974
avTork..... 461.692 813.408
Jaw York
1900.
Nxw York to
B«lton
Mobile
PortArthnr..
88,774
4.390
28.700
70,909
8,871
1.005
156,808
24,607
78,000
•
8,881
76,816
160,600
80,180
10.843
Week. Since Jan.
••••••••
•••**••«
• «««! • a*
•
tlma'99.. 1,67(5.908 3.246,791
•
*•••
80,200
Total waak.. 1.7*4.844 6,818.381
••
••*••••
*••«•••
•••••••a
*•••• • ••
• ••• ...
••
• ••
•!•
881.231
898,726
••••
•
••••••••
589.978
688.780
a
8.
A C. America.
Weat
Indies
Br.N.Am. Colo'i
Other ceuntrles
976
281.231
Total
Total 1898-99.... 398.726
bbl»
8.114.632
629,842
284.763
329.8*2
37.986
61,089
buth.
936.098
798,162
4.348,184
4.689.493
1,724.344
1,676.908
00
10 974
Whtat,
Do
but*.
7,10l.«vw
95.000
1.211.000
656.000
1.502.000
859.000
780,000
82.000
72.000
4.28H.000
l.ies.ooo
926,000
afloat
Boston
Philadelphia
Baltimore
New Orleans
Galveston
Montreal
Toronto
Buffalo
Do
afloat
Toledo
Do
Detroit
Do
66.246
882,680
bu«n>.
btuh.
OtAfn
16.765.P69 8,687.781 84.780.446
7,730.618 3.682.498 23.048 640
7,879
60.736
842.747
81.219
216.226
90
109.474
1.200
240.821
104.800
24,668.266 6.813.881
31,900.756 3.246.7W4
49,232,263
09,059 448
Barltv,
btuh
309,000
262,606
969,000
922,000
180,000
844, '"6ii
441,000
608.000
210,000
YifiOO
62.000
2.000
262.000
14.000
61.00.
682,066
"45,000
1.782y00i
695,00*6
"4,060
189.000
1,006.000
19,000
86,b'66
53,000
75,000
11,193,000
1,473,000
8,224,000
605,000
151,000
822,000
100.0CO
126,666'
8,090
85,000
1.140,000
6.246,000
157,000
619,000
242,6*66
m.'ow
86,000
97.000
77,000
84,000
89. 00
118,000
1.908,000
89,000
12.000
11,000
88,000
98,000
84,000
467,000
32,000
"6,660
'86,066
1,871,000
27,000
886,000
51,000
80,000
291,000
8.763.000
9.442.000
11,244,000
17.847.000
10.875,000
11.319,000
6,077 000
6.361,000
14,361,000
1.284,000
1.825.000
1,344,000
1,228,000
3,681,000
3,273 000
3.418,000
8,093.000
4.002 000
4.889,000
•
•••
afloat
afloat
afloat
Duluth
afloat
15.67S,oop
4,976,000
Minneapolis
3t Louis
afloat
Kansas City
1,631,000
10,000
Peoria
Indianapolis
On Mississippi Hirer.
On Lakes
On canal and
Total
Total
Total
Total
Total
Btit,
btuh.
25.000
101,000
BVWlU'm&Pt. Arthur
Do
Oats.
buth,
842,000
605,000
Milwaukee
Do
blMA.
574,000
afloat
Okloago
Do
Do
Corn.
Dec.
Dec.
Dec.
Dec.
Dec.
274,000
•
..
8,1900*
1, 1900»
9. 1899t
10, 1898t
11, 1897+
1,000
....
1,989,000
river.
....
61,494,000
62,179,000
66.29i.000
26,738,000
84,744,000
40.681000
Total
340
283,134
3,096
48,199
14,539
28,711
4,528
10,612
42.247
7,525
16,369
395,474
89
588
90
461
39,360
3,039
11,683
45,295
8,840
3,171
949
3,095
288,865
ings or cotton flannels and blankets. Denims are scarce and
firm, and in other coarse, colored cottons sellers are still in a
position to hold for fall prices. Cotton linings in kid- finished cambrics, etc., are qaiet and unchanged. Fancy prints
are in quiet request also, and prices are unchanged. Staple
prints are steady in all makes, with an average movement.
The gingham division is firm with limited supplies. Print
cloths have been dull. There have been no sales of regulars
and only a limited business in narrow odds at previous
prices, while wide odds are generally i^c. lower.
Foreign Dsy Goods.— A fair business has been done in
woolen and worsted dress goods; other descriptions dull;
prices without quotable change. Piece silks and
ribbons are steadier in tone, with a better demand. Linens are
quietly firm.
Burlaps scarce and prices well maintained in
face of limited buying.
Importations and Warehouse Withdrawal! of Dry Goods
The importations and warehouse withdrawals of drj goods
at this port for the week ending Dec. 13, 1900, and since
January 1, 1900, and for the corresponding periods of last
year are as follows:
"?
o
quarters there has been an improvement in the volume of business doing this week in both
heavy weights and in re-orders for spring lines under the
invigorating influence of decidedly colder weather.
The
increase has not been general enough to change the attitude
of the general run of sellers, and the market as a rule continues easy with considerable irregularity in prices. In one
or two instancea, however, where sellers have cleaned
up stcck on hand they have refused to book orders
except at an advance of 2">£ to 5 per cent for forward
deliveries. There is still very little being shown for next
heavy-weight seat on in suitings, and the situation in these is
hardly likely to be dtfined until after the beginning of the
new year. Business in woolen and worsted dress goods is
decidedly irregular and outside of specialties for the skirt
and waist trades sales have been indifferent.
Prices are
without material change. Flannels are dull and some makes
have been reduced 5 to 15 per cent in price. Blankets are
9
§
2.
32
2.-a?
1
O
n
:
:
*
•
!F
:
b
»
s;
St
§
'•
•
**
p.
2.
?
MI £
S.
o
ff&
:
e»:
t
•
•
•
I
•
to-
pi
»
»
•
•
'
•
I
•
li
»
I
s
B
•
I
Yore, Friday, P. M., Dec. 14, 1900.
The course of the market for raw material ;has had more
influence over finished goods this week than for a considerable time past. The heavy decline in the early part of the
week caused increased conservatism on the part of buyers in
all departments, and in some made sellers willing to listen
to proposals to which they turned a deaf ear last week. This
has teen seen in the plain brown goods division only to the
extent of having any effect upon prices, although it has
been general so far as modifying the disposition of buyers
Taken in the aggregate, the week's
has been concerned.
business in cotton fabrics ha3 been quite moderate at first
hands, but report* concerning the jobbing trade show that
with more seasonable weather there has been an increase
in the distribution of merchandise from second hands.
The lower temperature has also helped the market for
woolen goods, business in that division showing an increase
over recent weeks, and in a few instances a rectification of
the late weakness in prices.
h
12
H
New
unchanged.
1,934
11,639
2
1.
The value of the New York exports for the year to date has
been $12,977,708 in 1900, against $14,615,875 In 1899.
There has been no demand for brown cottons for China
this week and the home trade in them has been slow in all
weights.
Sellers have not been pressing for orders to any
extent, but under the influence of raw cotton they have
taken some orders at prices declined last week, and in
standard to four yard goods the market is practically
y <$,
z
lower than a week ago.
The orders coming forward for
bleached cottons have been almost entirely for small lots,
and in the aggregate have taken only a moderate quantity of
merchandise, but as the market is still but scantily supplied,
prices are steadily maintained in all grades. There has been
no change in the demand for November prices of wide sheet-
THE DRY GOODS TRADE.
Woolen Goods. — In some
45
25
7L159
17.143
The visible supply of grain, comprising the stocks Id
granary at the principal points of accumulation at lake and
seaboard ports, Dec. 8, 1900, was as follows:
In itor* at—
Maw York
664
640
674
68
267
788
4
Week. Since Jan.
1.
2,299
1,588
140,887
12,886
28,233
4.805
"i"48
South Amerioa
Other Countries.
41.170
—
Continent.
iUUlaj* ...... •••• ..••«• ....a.
•••••
destination of these exports for the week and since
September 1, 1899, is as below:
-» r—
„
Whtet.———, iearn.
flow.
Wtek Bint* 8*pt.
Wt*k Bint* Sett. W**k Bint* B«9t.
Mmtorttftr
Dee. 8
Dtc.8
1. 1900.
1. 1000,
1, 1900.
Dec. 8.
wttk ana Unit
43,198
21.817
24.846
China.. .. ....................
Central America.
••••••«
••••• ••
••
•
•
•••«••••
*•••••••
••••••*•
••••*••*
The
bblM
Sept. 1 toUnited Kingdom 190.396
81
8
600
••••••11
•
John.N.B
86 400
••
6P3601
888.746
262,701
76.188
Portland, Ma.
BUadalpIila.. 168.000 697.371
96.000 1,9' 7.704
Itlmora
Haw Orlaana.. 888.000 1,896.088
90
8,617
Norfolk
146.714
16,828
Btawp'rt Mawi
....
Oalratton..... 897.019
1899.
Dec. 10.
The exports from the
St.
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:
December
:
THE CHRONICLE.
15, 190G.J
l^tfmwtm.
State mib City
TERMS OF SUBSCRIPTION,
1231
Washington.— Warrant Call. — State Treasurer Young has
payment warrants Nos. 61,711 to 63,215, inclusive,
amounting to $135,555.
Winnebago City (Township), Faribanlt County, Minn.
called for
Call.— E C. Moulton, Town Clerk, gives notice that
interest will cease on Dec. 31, 1900, on $13,000 bonds itsued
Dec. 31, 1870, in aid of the Southern M>nnesota Riilroad Co.
Bonds will be paid at the office of the County Treasurer.
—Bond
The Investors' Supplement will be furniehed without
extra charge to every annual subscriber of the Commercial
and Financial Chronicle.
The State and City Supplement
will also be furnished
without extra char geto every subscriber of the Chroncile.
The Street Railway Supplement will likewise be furnished without extra charge to every subscriber of the
Bond Proposals and Negotiations
thii
week have been as follows
Chronicle.
Albion (Neb.)
District.— Bond Election.— An elecThe Quotation Supplement, issued monthly, will also be tion will be held School district
in this
to authorize the issuance of
furnished without extra charge to every subscriber of the
$10,000 bonds for a new school house.
Chronicle.
Bond Election.—
Allegheny,
be held
TERMS for the Chronicle with the four Supplements Feb. 19, 1901, Pa. question of issuingAt the election toAvenue
the
$10,109 Haslage
above named are Ten Dollars per year within the United grading and paving bonds will be voted upon.
States and Thirteen Dollars in Europe, which in both cases
Bonds Authorized, The City Councils have authoiizsdthe
Includes postage.
issuance of $25,047 4% 5 year Termon Avenue improvement
bonds. Securities are in denomination of $100, dated Jan. 1,
Terms of Advertising— (Per Inch Space.)
:
—
Transient matter (each time) $4 20 Three Months (13times)..$2900
STANDING BUSINE88 CARDS.
Six Months
(26 times).. 50 00
Two Months (8 times)
$22 00 Twelve Months (52times). 8700
Michigan.— Special Session Legislature.— Governor Pingree has called a special session of the State Legislature
December 12 to enact taxation legislation provided for by the
Constitutional amendment adopted at the November election.
United States. Population. W. R. Merriam, Director
Twelfth Census, has announced the final population figures
for the various States and Territories in the United States
under the enumeration of the present year. Tbe figures
differ but slightly fromthoee published in tbe editorial columns of the Chronicle on Dec. 1. Mr. Merriam gives Wisconsin a population of 2,( 69,042 and Arizona 122,931, whereas
our table, based on unofficial returns, made the amounts
respectively 2,068,963 and 122,212. These changes add 798 to
our total for tbe country, thereby making the aggregate pop
ulation of the United States 76,082,087, which includes 84,400
persons estimated to be in the country's service abroad.
Washington County Neb.— Bond Litigation The following dispatch from Blair, Neb., dated December 5, is taken
from the Lincoln "Journal :"
The Board of Supervisors held a special meeting this afternoon to take
action concen ine the Sioux City & Pacific KB. bonds against Washington
County. Many petitions were on file, many asrung that the county compromise and settle for the bonds, while others asked to appeal. After much
—
—
discussion a motion was carried to appeal the case from the decision rendered
last week in Omaha. This bond question has been before the people a long
is that it should be settled in some way.
time, and the general opinion
See V. 69. p. 661; also State and City Supplement for
October, 1900, page 128.
Bond Calls and Redemptions.
Cochise County, Ariz.— Bond Call.— A. Wentworth, County Treasurer, has called for payment Jan. 15, 1901, at the
office of the County Treasurer in Tombstone, the following
bonds
Redemption bonds of
Redemption bonds of
1887, Nos. 52 to 63. inclusive.
1889, Nos. 8 to 14, inclusive.
Connecticut.— Bonds Purchased.— The State Treasurer has
purchased for retirement $1,000,000
State of Connecticut
bonds which will not mature until Jan. 1, 1903, The bonds
were purcbased from the Williamsburg Savings Bank of
Brooklyn and che price paid was 102'02 and accrued interest.
Elm Township, Allen County, Kan.— Bond Call.— Samuel
Malcom. Township Treasurer, has called for payment Jan. 1,
1901, $20,000 bonds issued July 1, 1881, in aid of the F. S. W.
3^
& W.
Railroad.
Multnomah County, Oregon.— Warrant Call.— Thomas
Scott Brooke, County Treasurer, has called for payment county warrants, Class " 36," drawn upon the general fund that
were presented and indorsed "Not paid for want of funds"
from Jan. 5, 1900, to Feb. 2, 1900, both dates it elusive.
Interest has ceased. Interest also ceased November 23 on
warrants, Class "C," drawn on *the road fund, presented
from Jan. 4, 1900, to Feb. 8, 1900.
Nebraska.— Warrant Call.—The State Treasurer has
called for payment to day (December 8) warrants Nos. 60,931 to 61,379, aggregating $50,000.
Ohio County, W. Va.— Bond Call.—B. P. McOrfgor, President of the Board of County Commissioners, called for payment Dec mberl at the German Bank of Wheeling 8cv«-n
bonds of $500 each, Nos. 46, 57, 66, 98, 105, 158 and 182. Interest was at the rate of 4%%.
Fierce County (Wash.) School Districts.— Warrant Call.
Stephen Judson, County Treasurer, called for payment
December 7 the following school district warrants
District No. 1- Warrant No. 319 to 378. Issued 1899 to 1900
District No. 3— Nos. 7U7 to 730. issued Ihoo.
—
:
District No. 10— Nos. ^647 to £89' issued 1899.
District No. 18 -Nos. 5 to 98!^, issued 1899 and 1900.
District No. 21— No. 73, issued ls-00.
District No. 23— Nos. 124 »nd 125. issued 1896.
District No. 34— Nos. 7 and 1 and 2, issued 1899.
District No. 4' —Nos. 304 to 318, issued 1898 and 1899.
District No. 73- Nos. 56 to 73. issued 1899 and 1900.
District No. 86— N". 16. issued '9')".
District No. 88— Nos. 12 and 13, issued 1900.
>.
'
Renovo, Pa.—Bond Call.—C. S. Mclnerney, Chairman
Finance Committee, calls for payment Jan. 1, 1901, at the
office of the Borough Treasurer, water bonds Nos. 61 and 62,
dated July 1, 1898. Securities are ia denomination of #500
and bear 4^£
interest.
Interest will be payable semi-annually at the office fo
the City Comptroller.
Amherst, Wis.— Bond Election.— An election will be held
in this place to vote on the proposition to issue $3,C00 waterworks bonds.
Asotin County (Wash.) School District No. 25.— Bond
Sale- On D, cember 4 $6,000 10-20-year (optional) bonds were
awarded to W. E. Bell, Spokane, at 100-166 and blank bonds
for 5%% securities. Following are the bids
*$6.010 Duke M. Farson (6% bonds)
»$6,126
W. E. Bell (6^ bonds)
1901.
:
,
H. E. Noble
*
And
(0% bonds)
Harry Krutz
6,150
I
(6% bonds)
Roberts Bros. (&)£% bond s)
*
6,060
6,160
blank bonds.
Securities are in denomination of $5C0. Interest will be
payable annually at the office of the County Treasurer.
Bingham County (Idaho) School District No. 30.— Bond
Sate —On November 30 the $3,500 7% bonds were awarded to
Lucius C. Rice, Boise City, at 105-28 and blank bonds. Following are the bids
Lucius C.Rice, Boise City...*J3,685 00 Chas. H. Coffin. Chicago
Trowbridge & NiverCo.,Chic. , 3,681 00 G. E. Bowerman. Idaho
»
And
Duke M.
*$3.606 00
3,55000
Farson, Chicago....* 3,645 00
blank bonds.
Securities are in denomination of $500, dated Jan. 1, 1901.
Interest will be payable semi-annually and the principal will
matuie $500 yearly on January 1 from 1910 to 1916, inclusive.
Bradford, Ohio.— Bonds Defeated.— At an election held
November 28 a proposition to issue $5 000 water bonds was
voted upon and defeated by a vote of 166 for to 93 against.
Brockton, Mass.— Loan Authorized.— A^loan of $75,000 in
anticipation of the collection of taxes has been authorized.
Bronson anu Bethel Townships School District No. 1,
Branch tounty, Mich.— Bond Offering.—In the Chronicle
last week we stated that $10,000 5% bonds would be offered
on Jan. 2, 1901, We are now advised that vthile the
advertisement reads $10,0(0, only $9, COO of the bonds will be
ior sale
offered for sale. The larger amount is advertised for sale
to fulfill the requirements of the law, but as the securities
will mature $1,000 yearly on February 1 from 1901 to 1910,
inclusive (not 1902 to 1911, as stated in the former item), the
bond maturing in 1901 will be paid off in cash raised by taxation. In other respects the cffeiing given on page 1183 last
week remaits as printtd.
Buffalo, IN. Y.— Bonds Not Sold
On December 7 there
were no bids submitted for the $189,730 18 3% 5 year tax-loan
bonds, a description of which was given in the Chronicle
—
December
1 on page 1132.
Under rhe charter the Comptrolhorized to sell these bonds at private sale at not less
than par and accrued inteiest, and, we are advised, this will
probably be done within ten days.
Cayuga, Inc.— Bonds Authorized. The board of trustees
has authorized the issuance of $850 6% funding bonde. Securities are in denomination of $425, dated Jan. 1, 1901, and
will mature one boiid in one year and the other in two years.
Charieroi, Pa.— Bond Sale.- On December 10 the $25,C0G
4% 1-25- year (serial) bonds were awarded to W. J. Hayes &
Sons, Cleveland, at 104 216— an interest basis of about 3'59l£.
Following are the bids
W. J. Hayes & Sons. CI eve.. .126,054 00 Crawford &Ebeman, Pittsb .|2o,800 0O
Lamprecbt Bros. Co., Cleve.. 26,i51 00 Seasongood & Mayer. Cincio. 25,704 00
26,t 0" 00 Trowbridge &Niver Co.. Chic. 25 660 00
VV. R. Todd & Co., Cincin
H. Kleybolte & Co., Cincin.
26.98100 W. M. Bell & Co., Pittsburg.. 25,637 6o
C. K. Williams & Co., Pitts... 25 942 50 Denison, Prior & Co., Cleve. 26,440 Oo
ler is t.u
—
,
:
.
.
Darr.Moore&Bryden.Pittsb. 25.815 Oo
For description
of bonds see
8.
A. Kean, Chicago
Chronicle Dec.
26,312 60
1, p.
1132.
Chelsea, Mass. Bond Offering.— Proposals will be received
until 4 p. m., December 18, by Thomas B. Frost, City Treasurer, for $i2,000 4% public-improvement bonds. Securities
are in denomination of $1,000, dated Aug. 1, 1900. Interest
will be payable April 1 and October 1 at the office of the City
Treasurer. Principal will mature Oct. 1, 1925. The authority for the issuance of these bonds will be found in Chapter
2o2, Laws of 1900.
Chicopee, Mass. Bonds Proposed. This city will ask the
next Legislature lor authority io is^ue $110,000 water bonds.
Cincinnati, Ohio.— Bond Offering.— Proposals will be received until 12 m., December 31, by the Board of Public
Service, care of Paul M. Millikin, City Auditor, for slOO,0CO
3%% street -improvement bonds. Securities are in denomination of $510, dated Dec. 1, 1900.
Interest will be payable
semi-annually at the Americon Exchange National Bank,
New York City. Principal will mature Dec. 1, 1920, subject
to call after Dec. 1, 1910.
certified check for 5% of the
—
A
——
—
— ——
— —
—
THE CHRONICLE.
1232
gross amount of bonds bid
ior, payable to the City Auditor,
prop< sals.
These bonds were originally
offered for sale Dec. 13, but an error in the advertisement
necessitated tbe postp mement of the sale until Dec. 31.
Bind Sale Rescinded.— The Board of Public Service has rescinded its action in awarding on November 26 the $150,000
%%% 10-20-year (optional) improvement bonds to Feder, AZman Co., Cincinnati, and will re-advertise the same for
sale.
This action wa3 taken because the advertisement off taring tbe bonds for sale stated that the interest would be paid
at the office of the City Treasurer, whereas the bonds stated
that it would be paid at the American Exchange National
must accompany
H
&
Bank, New York City.
Cleveland (Ohio) Scbool District.— Bond Offering.—Proposals will be received until 12 m., January 10, by Chas. P.
Salen, Auditor of tbe Board of Education, for $150,000 A.%
school-building coupon bonds, maturing Feb. 1, 1921. Securities will be in "denomination of $l,0 0, dated Feb. 1,
1901.
Interest will be payable semi-annually, both principal
and interest biog payable at the American Exchange National Bank, New York City. A certified check drawn on
a national bank for 5% of the amount of bonds bid for, pay
able to the " Treasurer of the Board of Education," must
accompany bids. Proposals must be made on blanks furr
nished by the City Auditor.
Coles County, 111.— Bond Election. A special election will
be htld Jan. 15, 1901, to vote on the question of issuing
court-house bonds. The proposition to issue $150,000 of such
bonds was voted upon at the general election last November,
—
Vol. T.XXI.
ination of $1,000 and bear 6£ interest, and will mature on or
before seven years from date of i-sue.
East Lake, Ala.— Bona Bill Pass.s House. The House has
passed House Bill No. 578, authorizing this place to issue
bonds.
—
Elberon(Iowa) School District.— Bond Sale.— On December 10 the $5,000 b% school- house bonds were awardtd to the
Bank of Eloeron at 101. Following are the biJs
Bank of Elberon
$5,060 00 Chas. S. Kidder & Co.. Chic... $5,027 00
Trowbridge&.NiverCo.,Chic.. 6,t54 00 Struble & Stiger, Toledo
5,000 00
:
|
|
For description of bonds
see Chronicle Dec. 8, p. 1184.
Offering. —Proposals will ba received until 10 A. M., January 9, 1901, for $75,000 5% highschool- building bonds. Securities are in denomination of
$1,000, dated Jan. 1, 190L.
Interest will be payable semianaually at the office of the City Treasurer or at the Chemical National Bank,
York City. Piincipal will mature
Jan. 1, 1941, subject to call after Jan. 1, 1921.
Emporia, Kan. Bond Election. An election will be held
December 31 to vote on the proposition to issue $20,000 4£
bonds in aid of the Kansas City M-xico
Orient Railway
and a like amount in aid of the Kansas
Southern Railroad. Lyon County, of which Emporia is tne county seat,
will alsovote bonds in aid of the same roads on the same day.
Enfield, Conn. Bond Election,
town meeting will be
held December 17 to vote on the proposition to issue $30,000
Bond
El Paso, Texas.
New
—
&
&
—A
refunding bonds.
Erie County, Ohio. Temporary Loan. This county has
borrowed $5,000 temporarily. Loan is dated Nov. 15, 1900,
and will be payable on or before one year from date of issue.
Interest is at the rate of 5%, payable semi-annually.
Evanston, Ohio.— Bond Offering.— Propo.-als will be received until 12 m., Jan. 2, 1901, by the Village Council, at
the office of Frank F, Dinsmore, Attorney, 50 Atlas Bank
Building, Cincinnati, for $8,845 03 5% 1 10 year (serial) Newton Avenue improvement bonds. Securities aie in denomination of one-tenth the aggregate sum, dated Nov. 15, 1900.
Interest will be payable annually at the Atlas National Bank,
—
but was defeated.
Colorado Springs, Colo.— Bonds to be Issued. —This city
will advertise for sale some time in January, 1901, $19i),0u0
refunding water bonds and $35,000 water-extension bonds.
Columbus, Ohio.— Bonds Issued.— The $4,500 Devoise
Street improvement bonds which we stated last week
had been authorized by the City Council will be issued in
denomination of $500, dated Sept. 1, 19.0. Interest will be
at the rate of 4$, payable semi annually. Principal will mature Si-pt. 1, 1910. They have been taken by the Sinking Cincinnati.
Fund Trustees at par.
Bond Ottering.— Proposals
Proposals will also be received until 12 m., Jan. 4, 1901,
be received until 3 p. by the Village Council, at tbe same office, for $14,684 68 5%
M., December 20, by Martin A. G-emunder, Secretary of the 1-10 year (seiial) Telford Avenue improvement bonds. SecuTrustees of the Sinking Fund, for $100,000 4 per cent rities are in denomination of one tenth the aggregate sum,
"Boston Loan" refunding bonds. These bonds are the dated Nov. 15, 1900. Interest will be payable annually at
property of the sinking fund. They are in denomination of the Atlas National Bank, Cincinnati.
Proposals will also be received until 12 M., Jan. 14, 1901,
$1,000, dated April 1, 1900. Interest will be payable semiannually at the office of the City Treasurer and the principal by the Village Council, at the same office, for $8,060 05 5%
will mature April 1, 19i0, subject to call after April 1, 19 10. 1-10-year (serial) Idlcwild Avenue improvement bonds and
Concordia (Kan.) School District. Bond Sale. — On Dec- $14,329 5% 10-year (serial) Wooi burn Avenue improvement
ember 3 tbe $1,000 5$ 20 year high-school bonds were award- bonds. Securities are in denomination of one-tenth the aged to John Nuvten & Co., Chicago, at 101-46 5 and lith- gregate sum, dated Jan. 4,1901. Interest will be payable
ographed bonds free of charge. Bonds are dated Jan. 1. 1901. annually at the Atlas National Bank, Cincinnati.
A certified check for 2% of bonds, payable to the Village
Corsicana, Texas. Bond Election. An election will be
held Jan. 8, 1901, to vote on the question of issuing $25,000 Treasurer, must accompany proposals for each of the above
Tbe aggregate amount of thd bonds to be issued may
issues.
high-echool building bonds.
be reduced if any assessments are paid in cash before the
Covington, Ky.— Bond Award Postponed.— We are advised
that the ttmporary injunction which, as stated last week, time of sale. Win, H. Krapp is Village Clerk.
Bond Sale.— On December 10 the $5,771 39 5% 1-10-year
had been granted to prevent the issuing of the $"5 000 4$
20-year electric-light bonds offered for sale on December 10 (serial) Clarion Avenue improvement bonds were awarded
prevented the opening of bids received on that day. Bids to P. S. Briggs & Co., Cincinnati, at 105 98. Following are
will be held until May, 1901, when the case will be heard in the bids
Premium.
Premium.
the courts.
$238 1
P. S. Briggs & Co., Cincinnati. ..$i45 Oil W. J. Hayes & 8ons, Cleve
Dade tounty, Fla.— Bonds to be Issued This county pro- Feder, HolzmanA Co. Cincin... 3)8 00 Atlas Nat. Bank, Cincinnati
175
12861
00
poses to issue next spring $150,000 i%% 10 20 year (optional) W. R. Todd & Co.. Cincinnati. 26u 45 T. f. McClure & Sons
Seasongood & Maver, Cincin.... *40
bonds for a new court house and jail and for rock roads.
For description of bonds]see Chronicle Nov. 10, p. 980.
Securities will be dated April 1, 1901.
Everett, Mass.— Bond Sale.— Perry, Coffin & Burr, Boston,
Dallas County, Ala.— Bond Offering.— Senate Bill No. 2,
have purchased an issue of $10,000 4% bonds at 116-591. Folauthorizing this county to issue $40,000 bonds for the comlowing are the bids
Eletion of the court house, has passed both houses of the
legislature.
Proposals will be received for these bonds until Perry, Coffin & Burr. Boston. ...116-591 Blodget Merritt& Co.. Boston.. 115*68
116-357 Denison. Prior & Co.. Boston... 115-577
K. Li. Day & Co., Boston
12 m,, December 29, by P. G. Wood, Probate Judge at Selma, Jose, Parker & Co.. Boston.
116-39
Ii6"26
Parkinson & Burr. Boston
116V75 Rogers, Newman & Tolman.Bos.115'37
said bids to state lowest rate of interest (not exceedii g 62) N. W. Harris &. Co., Boston
116*30
116-05
Blake Bros. & Co., Boston
Adams & Co., Boston
at which bidder will take the bonds, and also if the interest
will
—
:
—
. .
:
'
.
be paid in Selma or iu New York City. Securities are
in denomination of $1,0(0, dated January 1, 1901. Interest
will be payable semi-annually and the principal will mature
Jan. 1, 1922, suDJect to call $5,000 yearly, beginning Jan. 1,
is to
1914.
mature March 1, 1929.
Temporary Loan.— A six-months' loan of $25,000 in anticipation of the collection of taxes has been taken by the SinkSecurities
ing
Fund
at
%%%
Following are the bids
Blake Bros. & Co., Boston
Parkinson & Burr, Boston
Blodget, Merntt & Co.. Boston.
S'ib%
interest.
:
3"125^
Sinking Fund Trustees
Eliot National Bank, Boston.... 8 35%
8-47)1
a-47jt
Dallas County, Texas. Bond Election Proposed.—Tbe
8-6*6*
County Commissioners are considering the questioa of hold- Jose, Parker & Co., Boston
Fairfield (P. O. Southport), Couu.— Bonos to be Offered
ing an election to vote on the proposition to issue $200,000
Z%%
Shortly.— This town will shortly offer for sale $25,01
road bonds.
Bonds Authorized.— The issuance of $137,000 8$ refunding 15- year bonds. Securities will b9 issued in denomination of
court-house bonds has been authorized by tbe County Com- $1,000, dated Jan. 1, 1901. F. P. Sherwood is Town Treas-
missioners.
Loan Authorized. —The City Council has
urer.
Farmington, Conn. Loan Authorized.—At a recent town
meeting the Selectmen were authorized to borrow $10,000
for the purpose of building a town hall inUnionville in place
of taxes.
Danville, Ky.— Bond Offering.— Proposals will be received of the one destroyed by fire last August.
Florence, Ala. Bond Bill Passts Legislature. Senate Bill
until 3 p M., Jan. 10, 1901, by J. B. Fisher, Mayor, for $25 000
A.% sewer bonds.
Securities are in denomination of $i00, No. 110, authorizing this city to issue sewer bonds, has passed
dated Jan. 1, 1901. Interest will be payable semi-annually the Legislature.
Forest, Ont.— Debenture Offering.— Proposals will be reat the Western National Bank, New York City. Principal
ceived until 6 p. M. to-day (Drceuiber 15) by George E. Monwill mature $1,500 yearly.
DeLeon, Texas.— Bonds Registered. The State Comptrol- ro?, Town Treasurer, for $7,< 39 94 4% detentures. Principal
of these securities will mature j ear y on December 1 in such
ler has registered the issue of $7,500 4£ 10-40-year (optional)
school-house bonds mentioned in the Chronicle October 20. amounts that the total of the bonis to be pud and the acDeliver, Colo.— Bond Sate. The Board of Public Works crued interest due on the outstanding bonds will together
on December 4 sold an isme of $2 000 bonds of Colfax Avenue make $8^-7 84 in each year.
Paving District, No. 2 to the Denver Typographical Union
Franklin, La.— Bond Sale. This place has sold an iisue of
No. 49 at par and accrued interest. Securities are in denom- $20, 00 street- paving bonds.
Danbury, Conn.
authorized a loan of $5,000 in anticipation of the collection
—
—
—
—
«
.
— —— — —
—
December
— — —— —
—
THE CHRONICLE.
15, 1900. J
Franklin County, Neb.
received until December 2D by E'1. M. Hussontr, Secretary Board ot Education, for
$7,500 5% higb school- building bonds. Six bonds are in denomination of $1010 and one for $1,5( 0, all dated July 25,
—Franklin SrhoolProposals No. 33,
will be
Bond Ofleiing —
District
Interest will be payable semi-annually at the office of
the County Treasuier. Principal will mature July 25, 1920,
subject to call $1,000 in each of tbe jears 1903, 1905, 1907,
certified check for
1909, 1911 and 1913, and $1,500 in 1915.
$250 will be required. The district has no indebtedness at
present. The assessed valuation is f 76,045 and the real value
about $380,225. The population is estimated at 1,100.
These bonds were awarded on Ocober 3 to Rudolph K!eybolte & Co., Cincinnati, but, we are advised, they are re
offered for sale, owing to a misunderstanding between the
Board of Education and that firm.
Gadsden, Ala— Bond Bill Passes Legiflature. House Bill
No. 13, authorizing ihe issuance of §100,000 bonds to settle
claims against the city held by the Gadsden Water Works
Co. and for the purpose of buying or constructing a waterworks system, which we stated last week had passed the
lower body, has also passed the Senate.
German Flatts (P. O. Ilion), N. Y.—Bond Offering.—
James Conkling, Town Supervisor, will sell at public auc
tion at 2 p. m. to day (December 15) $32,000 bonds.
Gladstone, Mich.— Bond Sale.— Tbe highest bid received
December 4 for the $5,000 electric light and $2,000 water
Co., Cin5% 10 year bonds was tbat of Rudolph Kleybolte
cinnati, at 108*44. Following are the bids
R. Kleybolte A Co.. Clnctn.... $7,591 00 Duke M. Farson, Chicago
$7,075 00
Lamprecht Bros. Co.. Cleve... 7.315 60 W. J. Hayes & Sons, Cleve.... 7,007 00
Securities are in denomination of $5u0.
Hamilton, Ohio. Bonds Authorized. The r'ssuance of
$25,000 bonds has been authorized. Securities will be in denomination of $1,000, dated Jan. 1, 1901. Interest will be
payable semi-annually and the principal will mature $3,000
yearly.
1900.
A
—
&
:
I
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—
1233
On December
5 a bid of 102654 was received from Capt.
Plattenburg of Lexington for $540 000 bonds hearing
6x
/2% interest, and this proposition was accepted t~y tbe County
Board. For full description of bonds see Chronicle Dec. 1,
J.
Q
p. 1133.
Lee County (P.O. Dixon),
Bond Offering.— Proposals
111.
will be received until 11 a. m December 20, by James H.
Thompson, County Clerk, for $90,000 3%<& court-house bonds.
Securities are in denomination of $1,000, dated Dec. 1, 1900.
Interest will be payable semi-annually and the principal will
mature $10,000 yearly on June 1 from 1905 to 1913, inclusive.
The county has no bonded indebtedness at present. The
assessed valuation is $9,568,578 and the real value is estimated
at $42,729,961. The population is about 30,000.
London, Ont.— Debenture Offering.— Proposals will be received until 5 P. M., December 19, by Geo. C. Jolly, Chairman of the Finance Committee, for $?0,0( Vytfi sewer debentures, maturing Oct. 1, 1936, and $68,000 d%% " C of L Debt
Consol, 1891," maturing June 30, 1910.
Lyon County, Kan. Bund Election.— An election will be
held December 31 to vote on the question of issuing $50,000
4% bonds in aid of the Kansas CUy Mexico & Oiietnt Railway
and a like amount in aid of the Kansas
Southern Railroad.
If authorized, bonds will not be issued until the roads are
completed and in operation.
Lyonsdale, N. T.— Bonds Authorized. The Board of Supervisors has authorized this town to issue $10,000 4% 1- 16year (serial) bridge and highway bonds. Secuiities will be
in denomination of $625, dated Feb. 1, 1901. Interest will
be payable annually on February 1 at the Black River National Bank of Lowville.
McLean County, 111.— Action on Bond Issue Postponed.
,
&
—
—
We are advised tnat
the County Board has postponed action
on the $400,000 4% court-house bond issue until March, 1901.
These are the bonds voted at the November election.
Marathon, N. Y. Bond Offering. — Proposals will be received until 1 p. M December 18, by J. W. Livingston, Village Clerk, for $8,500 electric-light bonds. Secuiities were
authorized at the election held October 29. They are in denomination of $500, dated Jan. t, 1901. Interest (to be named
in bids) will be payable semi- annually. Principal will mature one bond yearly on January 1 from 1903 to 1919, in,
Hanford, Kings County, Cal.— Bond Offering.— Proposals
will be received until 8 P. M., Jan. 14, 1901, by B. W. Moore,
City Clerk, for |31,250 Q% gold sewer bonds. Securities are
in denomination of $250. dated Feb. 1, 1901. Interest will be
payable annually on February 1 at the office of_the City
Treasurer. Principal will mature $1,250 yearly on February clusive.
1 from 1902 to 1926, inclusive.
A certified check for 10$ of Maricopa County, Ariz. Bonds Proposed. A bill has
bid must accompany proposals. The present bonded indebt- been prepared for submission to the United States Congress
edness of Hantord is $19,500 and the assessed valuation is providing for an election in this county to vote on the quesover $1,000,000.
tion of issuing |2, 000,000 bonds to build a reservoir to store
Hartford (Conn.), South School District.— Bonds Pro- waters for purposes of irrigation, milling, mining and manuposed. This district' will ask the State Legislature at its facturing. The bill provides for gold bonds bearing not
next session for authority to issue $200,000 bonds.
more than 5% interest, payable semi-annually.
Haw Creek Special Drainage District, White and HamMarshall County, Ala. Bond Bill Passes House.— This
ilton Counties, 111. Bond Sale.— This district has sold an county will have authority to issue bonds for road and
issue of $73 500 Q% refunding: bonds.
bridge purposes if House Bill No. 301, receLtly passed by the
Hearne, Texas. Bond Election. An election will be held lower houee of the State Legislature, becomes a law.
December 27 to vote on the question of issuing bonds.
Mechauicf-burg, Pa.— Bond Sale. We are advised that the
Heppner, Ore.— Bond Sule.— Oa December 1 the $4,000 5% holders of the old bonds have taken tie $30,000 %%% refund10-year refunding bonds were awarde d to Morris & White- ing bonds mentioned in the Chronicle Deo mber 1 in exhead, Portland, at 100-625 and blank bonds free of charge. change for their holdings. Tbe new securities are dated
Following are the bids
Jan. 1, 1901, and will mature $2 000 yearly until paid, all
$4,040 no
Morris & Whitehead, P»tl'd..*$4,025f0 J. N. Teal, Portland
bonds outstanding, however, being subject to call January 1
Chas. H. Coffin, Chicago
4,"10 00
4,041 00 Duke M. Farson, Chicago
of any year on sixty days prior notice.
* 8,84U 00
S. A. Kean, Chicago
* And blank bonds.
MeUford, Mass.— Note Sale.— This city has sold a refundHesperiu, Mich.— Bond Sale. This place has sold an issue ing note for $18,000 to Estabrook & Co., Boston. Note is
of water-works bonds to local parties.
dated Dec. 1, 1900, and will mature Dec. 1, 1910. Interest
Highland Park, III. Bond Offering.— Proposals will be will be at the rate of 2fy&%,
received until 8 p. m. to day (December 15) by the Finance
Memphis, Tenn.— No Bids Received.— We are advised that
Committee for $10,000 \% general municipal bonds. Securities no bids were received on December 6 for the $250,000 4% park
will mature part yearly from 1908 to 1914, inclusive. Inter- bonds advertised for sale on tbat day. A descriptiou of the
est will be payable semi-annually.
A certified check for bonds will be found in the Chronicle Nov. 7, p. 1031.
$200 will be required. John Finney is City Clerk.
Merced, Cal.— Bond Sale.— On December 3 tbe $40,000 5%
Homestead, Pa. Bond Sale.— The Borough Council has 1 40-year (serial) gold sewer bonds were awarded to
R.
sold at par the $20,000 street- improvement bonds voted at the Williams & Co., Pittsburg, Pa., at 107-625— an interest basis
recent election. The National Bank of Homestead is the of about 443$. Following are the bids
—
—
—
—
:
I
I
—
C
:
purchaser.
District. Bond Offering.—Proposals will be received until 5 p. m December 27, by J. H.
Williams, Secretary, for $20,000 \% bonds. Securities are in
denomination of $1,000, dated Dec. 1, 1900. Interest will be
payable semi-annually and the principal will mature Dec. 1,
Homestead (Pa.) School
,
1925.
—
Hull, Mass. Loan Authorized. The Selectmen were authorized at a recent town meetiDg to borrow $15,000 in order
to uake additions to the electric-light plant.
lyattsville, Md. Bond Sale.— It is stated that Hamble^on
& Co., Biltimoie, have been awarded an issue of $30,000 4%
4J-year water bonds at par.
Jefferson County, Ala. Bond Bill Passes Legislature.
The State Legislature has passed House Bill No. 233, authorizing a loan of $30,000 to meet running expenses.
Kenton, Ohio.— Bond Sale.— On December 4 tbe $2,150 4%
street- improvement bonds were awarded to the First National Bank of Kenton at 100-51. Following are the bids
First National Bank. Kenton. $2,1«1 00 Jose, Parker & Co., Boston.... $2. 165 00
R. Kleybolte & Co.,Clucin.... 2,156 26 S. A. Kean, (Ihlcaeo
2,150 00
—
:
I
|
For description of bonds see Chronicle Nov. 17, p. 1031.
Lafayette County, Mo.— Bids Rejected— Bond Sale— Following are the b ds (all of which were rejected) received
December 3 for the $560,000 refunding bonds, all bids being
for 3)£ per cents
:
Premium.
Premium.
Kan. C..$ll.Pw* 20 Farson, Leach & Co.. Chic. ? to fllin nn
j»-e.»ouoo
6,005 00 Seasongood & Mayer, Cin...
It....
I
H.
P.
Wright &
Co.,
I
Miss. Valley Tr. Co.. St.
Altheimer
&
Kawlings,
1
St. Ii.
4,200 00
|
C. R. Williams & Co.. Pitts.. .$43,050 00
W. R. Staats & C<>., Pasadena. 43,000 00
Merced Security Sav. Bank.. 41, 2810
Denison, Prior & Co.. Cleve.. 41,651 00
Trowbridge & Niver Co., Chic. 41,330 00
For
full description
of
& Co.,
N. Y.... $40,966 CO
40,907 00
l.amprecht Bros. Co., Cleve.. 40,708 00
Duke M. Farson, Chicago.... 40,427 00
E. D.
VV. J.
Shepard
Haves & Sons, Cleve...
bonds see Chronicle Nov.
17, p.
1031.
Middlesex County, Mass.— Bond Sale.—The $40,000 %%%
1-4 year (serial) courthouse-improvement bonds advertised
Co.,
for sale on December 8 were awarded to Jose, Parker
Boston, at 1< 0-825. For description of bonds see Chronicle
Drc. 8, p. 1184.
&
Middlesex County, Ont.— Debenture Sale — On December 5
the $12,600 3}4% 20-year gold debentures were awarded to
Thomas Bain. Dundas, at 100-08. Following are the bids
$1 2/ 02 76
Thoims Batn, Dundas
$12,61000 Hanson Bros.. Montreal
H. O'HaraA Co., Toronto... 12,251(0 .Jc.se, Parkers Co.. Boston.. 11,9^6 75
Torouto.. 1>.*77 00
Geo. a. Stimson, Toronto... 12,175 00 Can.CeDt.
& 8..
11,75000
E. H. Gay &Co„ Montreal... 12.158 w6 Aeniilius Jarvis & Co
W. H. Biouse. Toronto
12,053 00 Home Life Asso.. Toronto... 11,337 60
Securities will be dated Jan. 1, 1901.
Middletown N. Y.—Bond Offering.— Proposals will be received until 8 P. M., December 24, by J. C. Austin, City
Clerk, for $190,000 Zy % water bonds. Interest on these
2
bonds will be payable February 1 and August 1. Of the
above issue $100,000 will be dated Feb. 1, 1S01, and will mature Feb. 1, 1931; the remaining $90,000 will mature $4,500
yearly on February 1 from 1902 to 1921, inclusive. The
bonds will be issued at the option of the city in lots of not
:
.
.
—
—
—
:
:
THE CHRONICLE.
1234
(Vol. LXXI.
than $30,000, it beiDg stipulated, however, that $60,000
will be issued on Feb. 1, 1901, and that all the bonds will be
delivered to the purchaser before Jan. 1, 1902. Each bid
must be accompanied, in a separate envelope, by a certified
check or a certificate of deposit for §2,000 on some national
bank in the State of New York, same to be made payable to
the City of Middletown. The successful bidder will be required to furnish blank bonds.
curities will be payable eemi-annually at the office of the
City Treasurer.
certified check for 5% of the bonds bid
for, payable unconditionally to the City Treasurer, will be
of this bond offering will be found among
the advertisements elsewhere in this Department.
Milton, Pa. Bids.— Following are the bids received December 4 for the $20,000 4<£ funding bonds
W. R. Todd A Co..Cincinnati.$20.827 00 First National Bank, Milton.f 20,272 00
Duke M Farson. Chicago.... 20,650 00 W. J.Haves A Sons, Cleve.... 20.240 00
20,225 00
Lamprecht Bros. Co..Cleve.. 20,511 00 Edw. C. Jones & Co., Phila.
Denison, Prior & Co., Cleve. 2o,318 00 Heasongood & Mayer, Clnoin. 20,125 00
Interest will be payable May 1 and November 1 and the
principal will mature Nov. 1, 1940. Either money or a certified check drawn to the order of the City Comptroller upon
one of the State or national banks of New York City for 2%
of the par value of the stock bid for must accompany proposals. The above stock is free from all taxation in the State
of New York except for State purposes.
are advised that
North Manchester, Ind.— Bond Sale.—
the $5,01)0 5% refunding school bonds mentioned in the
Chronicle December 1 have been sold. Securities are in denomination of $500 and will mature one bond yearly.
Oceanside, San Diego County, Cal. Bond Offering.—Proposals will be received until 7 p. m., Jan. 8, 1901, by H. D.
gold improvement bonds.
Brodie, City Clerk, for $5,000
Securities are in denomination of $125 and will be dated the
day of sale Interest will be payable annually and the principal will mature one bond yearly. These securities were
certified check
voted at the election held Sept. 17, 1900.
for $250, payable to the City of Oceanside, must accompany
proposals. The successful bidders will be required to furnish
blank bonds.
are advised that the $15,000
Oil City, Pa.—.Bond Sale.—
street- improvement bonds mentioned in the Chronicle December 1 have all been sold. They bear 3$ interest.
Omaha, Neb.— Bond Sale— On December 10 the $83,500 A.%
improvement bonds were awarded to The Lamprecht Bros.
Co., Cleveland, at 101. Following are the bids
Premium
Premium.
less
The
official notice
:
. .
.
Williamsport Say. Institut'n 20,305
t
t.0
S.A. Kean, Chicago
20,1)5000
&
As stated last week, W. R. Todd
Co., Cincinnati, were
the successful bidders.
Mount Vernon, N. Y.—Bond Sale.— On December 11 $60,000 4% 5-year assessment bonds were awarded to Geo. C.
White Jr., New York City, at 103-52.
New Bedford, Mass.— Note Sale.— An issue of $20,000 4£
Co., Bos3 year notes has been awarded to Jose, Parker
ton, at 102 '385. Following are the bids
102'31
102-385 Adams & Co., Boston
Jose, Parker & Co., Boston
&
:
102'18
& Co., Boston. 102-32 Estabrook & Co.. Boston
102-18
102-31
R. Ii. Day & Co., Boston
& Co., Boston
Rogers, Newman &Tolman,Bost.l02"31
Securities are dated Dae. 3, 1900.
Newport, Ky.— Bond Sale.— On December 5 the $223,000
Z%% 30-year refunding bonds were awarded to the Western
National Bank and the Atlas National Bank, Cincinnati, at
103 81. It is stated that only $215,000 of the bonds will be
Blodget. Merritt
Blake Bros.
issued, as that amount at the premium offered will realize
to pay off the $223 000 bonds to be redeemed. For
description of bonds see Chronicle Dec. 1, p. 1133.
Newport News, Va. Bond Offering.— Proposals will be
received UDtil 12 m., December 18, by W. L, Cooke, City
Clerk, for $50,000 school and $30,000 fire-department and
garbage- plant 4% 40- year bonds. Interest on the above se-
enough
NEW
NEW
LOANS.
$190,000
MIDDLETOWN,
A
required.
Mew York City.— Bond Offering.— Proposals will be received until 2 p. M., December 26, 1900, by Bird S. Coler, City
Comptroller, for $3,555,000 Z%% gold corporate stock, as
f ollow8
$1,500,000 for Department of Docks and Ferries.
1,610,000 for new Hall of Records.
445,000 for high schools and sites.
We
H
A
We
:
I
Lamprecht Bros.
R. Kleybolte
*
&
.
$w35 00
l
. . .
*1 053 00
I
Co., Cleve.
Co.. Cincin.
.
Trowbridge & Niver Co., Chic. *$842 00
267 20
Blake Bros. & Co., Boston
Bids said to be conditional and therefore rejected.
For
lull description of
bonds see Chronicle Dec.
NEW
LOANS.
PLATTSMOUTH,
NEB.,
BONDS.
Sealed proposals will be received by the Common
Council of the City of Middletown, at the office of
the City Clerk of the City of Middletown, N. Y., until December 24th, 1900, at eight o'clock, P. M., for
the whole or any part of $190,000 of
BONDS of the City of Middletown, bearing interest
at the rate of three and one-half per centum per
annum, payable semi-annually on the first days of
every February and August ensuing the date of
Bonds.
One Hundred Thousand Dollars of these Bonds
are to run for a period of thirty years from February
1st, 1901
all of said Bonds to bear date February
1st, 1901. Also $90,000 of Bonds, payable as follows
$4,500 of said Bonds will be payable February 1st
1902, and thereafter $4,5C0 of said Bonds will be
payable on the 1st day of February of each year up
to and including 1921.
A Sinking Fund will be provided for paying the
said $90,000 of Bonds which are made payable on or
before February 1st, 1921.
Bonds to be issued at the option of the City of
Middled wn in not less than lots of $30,000 each, as
the City may desire and determine.
Sixty Thousand Dollars of these Bonds will be
issued, however, on the 1st day of February, 1901.
All Bonds, however, shall be issued and delivered on
or before the first day of January, 1W' 2.
The right to reject any and all bids is reserved by
the Common Council of the City of Middletown,
N. Y.
Proposals should be endorsed on the outside
WATER
;
Bids must, not be for less than par with accrued
interest. All bidsshould be addressed to J. O. Austin,
City Clerk, Middletown, N. Y.
Each bid must be accompanied, in a separate envelope, by * ct-rtified check or certificate of decosit
on some National Bank in the State of New York
lor the sum of two thousand dollars, payable to the
order of the City of Middletown, N. v., to be forfeited if the successful bidder fails t'> enter into a
contract to take the Bonos withia fifteen days after
the award of the bid *o him.
NEBKASKA CITY,
BONDS.
The owners and holders of the following-described
bonds of the city of Nebraska City, Otoe County,
braska, to wit:
$25,000 Funding Bonds dated June 16tb, 1881,
$40,000 Railroad Aid Bonds dated May 1, 1890,
Issued to the Omaha Southern Railway Company,
$10,0i0 Railroad Aid Bonds dated July 1. 1890.
issued to the Omaha Southern Railway Company,
$21,000 Refunding Bonds dated August 1st, 1886,
Issued to George
Kearton,
are hereby notified that the said city of Plattsmouth
by action of its Mayor and Council has decided and
elected t« exercise its option to pay and redeem said
bonds oh January 1, 1901. Now, therefore, the owners and holders of the said bonds above described
are hereby notified to present said bonds at their
place of payment, viz.. The Fiscal Agency of the
State of Nebraska, in the city of New York, on the
1st day «f January, 1901, for redemption and payment, and that interest on said bonds will cease on
Nebraska, to wit:
Refunding bonds, series of 1883, dated November
1, lr83, consisting of 145 bonds of the denomination
of $100 each, cumbeiing consecutively from 1 to 45
inclusive and 48 to 147 inclusive, and 60 bonds of the
denomination of $500 each, numbering from 201 to
260 inclusive, aggregating $44,400,
are hereby notified that the said city of Nebraska
City, by action of its Mayor and Council, has decided
and elected to exercise its option to pay and redeem
said bonds on January J, 1901. Now, therefore, the
owners and holders of said bonds above described
are hereby notified to present said bonds at their
place of payment, viz., the Fiscal Agency of the
State of Nebraska, in the city of New York, on the
1st day of January, 1901, for redemption and payment, and that interest on said bonds will cease on
H
January
1,
1901.
This notice is given in pursuance of the order
of the Mayor and Council of sold city of Platts
January
1,
1901.
This notice is given in pursuance of the order of
the Mayor and Council of said city of Nebraska City.
E.
W. COOK,
Treasurer of the city of Plattsmouth, Neb.
N.
CO.,
BANKERS.
Perry, Coffin
&
Burr,
INVESTMENT BONDS.
6o State Street,
Chicago.
BOSTON,
in Bonds of
Railroad, Street Rail-
Deal
Issue Travelers'
Letters of Credit
way, Gas and Electric
Light
Companies.
Governmtnt and MuAVAILABLE IN ALL nicipal Bonds Bought
PARTS OF THE WORLD. and Sold.
Quotations furnished for purchase, sale or exchange
(Bank of Commerce New York.
31 Nassau St
t
Building)
Cable Address:— SABA.
BOSTON.
Investment Securities
FOR
Middletown,
]\\ y.
Interest find principal
BASTIAN,
PHIFER,
W. HARRIS &
New York.
successful bidder must furrish, free of expense, the blanks for he i.~sue of the Bonds.
Interest will be evidenced by coupons, payable
semi-annually.
The Bones to be issued may be registered if the
successful bidder so desires.
All of siuci Bonds to be delivered to the purchaser
at the office of the Common Council in the City of
President of the Common Council.
Attest: .1. O. Austin, City Clerk.
N.
I.
Treasurer of the city of Nebraska City, Neb.
mouth.
The
on said Bonds shall be
payable, at snch time and place as the Common
Council of the Citvot Middletown shall hereafter
determine. In the City of Middletown, N. V.
Dated Middletown, N. Y., December 11, 1900.
'I'll E CITY OH' MIDDLETOWN, N. Y., by
CHARLES L. ELWOOD, Mayor.
NEB.,
The owners and holders of the following-described
bonds of the city of Plattsmouth, Cass County, Ne-
"WATER BOND PROPOSAL."
C. F.
LOANS.
OF
OF
N. Y.,
NOTICE OF SALE.
WILL) AM
1134.
NOTICE TO BONDHOLDERS NOTICE TO BONDHOLDERS
WATER BONDS.
The
1, p.
Blodget, Merritt
&
Co., SAYINGS BANKS and TRUST FUNDS
BANKERS,
16
Congress Street, Boston.
15 Wall Street
New York.
STATE, CITY & RAILROAD BONDS
b%
BONDS A SPECIALTY.
EDW.
C.
JONES
NSW YOKE,
-
1
PHILA.,
-
118 SO.
-
<&
CO.,
NASSAU STBKKT.
FOURTH
ST.
—— —
December
— —
—
—
THE CHRONICLE.
15, 1900.]
Oswego County, N. Y.— Bond Sale. — An issue of $40,000
%%% bonds has been sold to the Oswego County SaviDga Bank
at iOl'50. Bonds mature $10,000 yearly on March 1 from
1906 to 1909, inclusive.
— We
Petersburg, Va. Bonds Authorized.
are advised that
the $75,000 %%% 40-year street-improvement bonds mentioned
several weeks ago have been authorized. Securities will be
dated Jan. 1, 1901.
Philadelphia, Pa.— Bond Sales and Exchange.— Local
papers last week reported that the Commissioners of the
Sinking Fund had sold $500,000 %% bonds held In the sinking
fund to local banks on a basis of about 3'95#, in order to provide in part for the retirement of %% bonds which will mature in January, 1901. It was also stated that holders of
$1,400,000 6% bonds were willing to exchange them for 3 per
which exchange has bee» consummated. We have
had these facta confirmed by Mr. William H. Winter, Secretary of the Commissioners. In reply to our inquiries, Mr.
Winter states that the sinking funds of the city of Philadelphia are established and managed upon plans that differ materially from those of other large cities, in that the Commis
sioners have no hand in the issuing of loans, their duties
being confined to investing promptly and properly any moneys
coming into their possession from appropriations or returns
on investments and to pay the several loans as they mature.
cents,
At the present time there
are twenty- five separate sinking
funds to provide for as many loans
The last of the outstanding
bonds will be paid in 1935,
and the last of the 4 per cents in 1934. After 1905 all loans
outstanding will bear Z% interest, except $1,000 at 31/
H
&%% and $875,000 at 4%.
Bond Sale. —This city has
$5,000 at 8J£*, $15,848,000 at
Plattsmouth, Neb.
sold an
issue of $96,000 5% 20-year refunding bonds to Spitzer
Co.,
Toledo, at par. Securities are dated Jan. 1, 1901, and the interest will be payable semi-annually.
Port Austin, Mich.— Bond Sale.— On December 1 $15,000
5% 20 year electric ligh.tr and waterworks bonds were awarded to The Trowbridge
Niver Co., Chicago.
Portland, Ore. Bond Sale.— On December 10 the $35,000
6£ 10-year gold improvement bonds were awarded to Ladd
Tilton, Portland, at 107. For description of bonds see
&
-
&
&
Chronicle Nov. 24,
*
p. 1084.
1235
Princeton School District, Mercer County, N. 3.—Bond
Proposals will be received until 8 P. M. December
20, by the Board of Education— F. A. Dennis, Secretary— for
$25,000 4% bonds. Securities are in denomination of $500,
dated Jan. 1, 1901. Interest will be payable semi-annually
at the National Park Bank, New York City. Principal will
mature yearly on January 1 as follows
$1,500 from 1906 to
All
1915, inclusive, and $2,000 from 1916 to 1920, inclusive.
proposals must be made on blanks prepared by the Board of
E-iucation and must be accompanied by a certified check for
2% of the par value of the bonds bid for, payable to the order
of the Board of Education. Bonds will be certified to as to
genuineness by the United States Mortgage & Trnst Co.,
New York City, and their legality has been approved by the
Hon. Samuel H. Grey, State Attorney-General. The present
Offering.
—
,
:
indebtedness of the district is $5,200. The assessed valuation
about $3,860,000 and the population is 4,149.
Raleigh, N. C. Bonds Proposed.—The Aldermen have decided to petition the State Legislature for authority to vote
on the issuance of $100,000 street- improvement bonds.
Rlchford, Vt. Bonds Voted.— At a recent village meeting
the issuance of $6 5(0 bonds was authorized.
Richinondville (Town), Schoharie County, N. Y.— Bonds
Proposed. The Board of Supervisors has under consideration an Act authorizing the town of Richmondville to issue
$7,500 bridge repair bonds.
Rutherford, N. J.— Bond Offering.— Proposals will be received until 8 P. M., December 18, by Robert Leeds, Borough
Clerk, for $83,500 4% 15-year gold .funding bonds. Securities
are in denomination of $500, dated Jan. 1, 1901. Interest
will be payable semi-annually at the Rutherford National
Bank. Bonds will be certified to as to genuineness by the
United States Mortgage & Trust Co. of New York City.
certified check for $2,500 will be required with bids.
Rutland, Vt. Loan Authorized.— A loan of $10,000, to
mature Oct 1, 1901, has been authorized by the Board of Alis
—
A
derman.
—
Saco, Me. Loan Authorized. The City Council has authorized the Treasurer to borrow $25,000 in anticipation of
the collection of taxes.
St. Charles, Mo.— Bond Offering.— Proposals will be received until 8 P. M., December 27, by Edward Paule, Mayor
INVESTMENTS.
ADAMS & COMPANY, MUNICIPAL,
RAILROAD and
DENISON, PRIOR & CO.
BANKERS,
INVESTMENTS.
DEALERS IN
High
Grade
SEND FOR
DEALERS
Bonds.
CORPORATION
IN
BONDS
INVESTMENT BONDS
Members
LISTS.
of Boston Stock]Exchange.
TO NET FROM 4M TO
CORRESPONDENCE SOLICITED.
No. 7 Congress and 31 State Streets,
§
Exchange Place, Boston.
BOSTON.
H.
C.
121 Euclid Avenue, Cleveland.
6%.
WHITE &
CO.
BANKERS,
A.R.Macfarlane&Co.
BANKERS AND BROKERS,
MASON, LEWIS & CO.
DULUTH.
BANKERS,
[Members American Bankers'
BOSTON,
CHICAGO.
Monadnock Building,
MUNICIPAL
RAILROAD
CORPORATION
00 Devonshire
St.
BONDS*
Ass'n.J
Commercial Paper, Mortgage Loans,
Local Stocks and Real Estate.
A.ct as
agents for non-resident property owners and
investors.
Street Railway and Gas Companies.
LIST ON APPLICATION.
ROLLINS & SONS,
F.
R.
FULTON & CO.,
Municipal Bonds,
la salle street.
171
BANKERS.
CHICAGO.
Bonds for
Permanent Investment James N. Brown &
19 Milk Street,
Denver.
BOSTON.
San Francisco.
Ltd.,
Charing Cross, London.
Co.,
CEDAR STREET. NEW YORK.
Dealers in Government, Municipal, Railroad and Corporation Bonds.
^
CORPORATION
172 Washington Street,
CHICAGO,
-
-
ILLS.
•
LIST ON APPLICATION.
BARSTOW, J ESTER & CO.
MUNICIPAL,
RAILROAD,
BANKERS,
No. 62
T. B. POTTER,
MUNICIPAL and oriKinQ
BUINU
CORPORATION,
50 Wall
New
)____.__
v
BONDS.
)
Street,
York.
Correspondence
Solicited.
Orders executed on N. Y. Stock Exchange.
& NIVER CO^
MUNICIPAL BONDS,
Bank
CHICAGO.
AGENTS FOR THE
ANGLO-AMERICAN BANK,
INTEREST ALLOWED ON DEPOSITS.
TROWBRIDGE
First National
BROADWAY, NEW YORK.
DEALERS IN
Choice Issues.
E. H.
MINN.
71
JBIdg.,
INVESTMENT SECURITIES.
MUNICIPAL BONDS.
MUNICIPAL
UNICIPAI.
)r^^.ki«.*N
RA
ULROAD
IRPOKATION
COl
E. C.
I2I
STANWOOD &
Co..
BANKERS,
Devonshire Street.
BOSTON.
(BONDS
Securities Netting from
4^
to
6 Per Cent
always on hand.
SttND FOR LIST.
ROBY ROBINSON,
ATLANTA GA.
— —
—
THE CHRONICLE.
1236
and the City Council for $115,000 1% gold water- works bonds,
Securities will be issued in such denominations (but not less
than |5 0) an may be desired by the purchaser, and will be
dated Feb. 1, 1901. Interest will be payable semi annually
at the office of the City Treasurer or at some bank or trust
company in St. Louis or New York City, as may be desired
by purchaser. Principal will mature in 20 years, $35,000
(
subject to call after 5 years, $40,000 after 10 year's and
bond for $2,500 will be required
M0,000 alter 15 years.
from the successful bidders. The present indebtedness of
the cify is $4,500. The assessed valuation in 1899 was $2,638,900 and the population is over 8,000.
Salt Lake City, Utah —Bond Offering. Proposals will be
received until 5 p. m., December 26, by J. O. Njstrom, City
Recorder, for $500,000 3%% 20 year refunding bon<is. Securities are in denomination of $1,000 each, dated Jan. 1, 1901.
Interest will be payable semi annually at the office of the
City Treasurer or at Wells, Fargo
Co., New York City.
certified check for 5# of bid must accompany proposals.
Serantou, Pa. Bids Rejected. Only two bids were received December 6 for the $135,000 sewer bonds and both of
these were rejected, as they were not accompanied by a certified check.
These are the bonds which were awarded on
August 16 to R. L. Day
Co., Bo-ton, who, as stattd in the
Chronicle Njvember 24, afterwards refused the bonds,
claiming that the election authorizing the is3ue was not
legally conducted.
It is quite probable, we are advised, that
a new election must be ordered, as the objection raised seems
to militate against all overtures looking to a sale.
In such
an event the vote will be taken at the regular spring election
beirjg:
A
—
A
&
—
&
— —
—
—
fVoL.
&
LXXI
New
porters'
Traders' National Bank,
York City. Principal will mature one-fifth yearly. This sale is in addition
to the $5,000 water bonds (described in last week's Chronicle) to be offered for sale at the same time.
Stafford Springs, Conn. Bonds Proposed.—This borough
has voted to seek legislative authority to issue $10,000 bonds
for water and other purposes.
Tamaqna, Pa. Bond Election. At the February election
the question of borrowing $70,000 to repair the water works
will be voted upon.
Tuscaloosa, Ala.—Bonds Proposed.— House Bill No. 575,
now being considered by the lower body of the Legislature,
provides for the issuance of $2,500 judgment bonds.
Bond Bill Pusses Senate.— The Senate has passed Senate
Bill No. 140, authorizing the issuance of refunding bonds.
Wakefield, Mass. Loan Authorized.—The Town Treasurer has authority to borrow temporarily the sum of $15,000.
Wallingford, Conn.— Temporary Loan —This town has
borrowed temporarily for sewer purposes the sum of $3,000
from the Dime Savings Bank of Wallingford.
Weiser, Idaho.— Bond Sale.— On December 10 the $45,000
20-year water bonds were awarded to Ma*on, Lewis & Co.,
Coicago, at a price said to be 10072 for 6% bonds. For de-
—
Loans Negotiated. —A sum aggregating
Chronicle Nov. 10, p. 981.
Whitesboro, N. Y.— Bond Sale.— On Decerr b?r 12 this village sold at public auction " not less thaa $35,000 nor more
than §40,000" 20-30 year (optional) gold sewer bonds to Seymour Bros. & Co., New York, at 103-4725 for %%% se urities.
For description of bonds see Chronicle Dec. 8, p. 1186
Wickliffe, Ky. Bonds Voted,— This city has voted to issue
$10,000 6% 20-year water works bonds. Securities will be
issued in denomination of $500 and will be offered for sale in
?8,259 has recently been loaned out of the Permanent School
Fund as follows : Codington County, $1,8.0; Brown County,
|5,( 00; Jerauld County, $1,000; Hughes County, $345, and
Gregory County, $150.
Springfield, Ohio. Bond Offering.— Proposals will be received until 7:30 p M., Jan. 2, 1901, by R. N. Lantz, City
Clerk, for $1,499 25 (or less if any assessments are paid in cash),
Q% West Columbia Street improvement bonds. Securities
are dated Jan. 1, 1901. Interest will be payable January 1
and July 1 at the office of the City Treasurer or at the im-
the early spring.
Wilmington (Del.) School District.—Bonds Proposed.—
The Board of Education will ask the next Legislature for
authority to i^sue $200,000 bonds to liquidate the indebtedness caused by the erection of a new hign school.
are adWinnebago Township, Minn.— Bond Sale.—
vised that this township has practically sold an issue of
$13,000 refunding bonds.
Zane Township, Ohio.— Bonds Defeated —This township
on December 1 voted against the issuance of $500 bonds.
in
February.
South Dakota.
scription of securities see
We
INVESTMENTS.
MISCELLANEOUS.
_JVMSCI^J-^
MUNICIPAL BONDS. LONDON AND PARIS Geo. D. Cook Company,
Securities Netting from
EXCHANGE,
3K to <>#
ALWAYS ON HAND.
FARSON,
M.
Banker,
115 Dearborn
Municipal Bonds.
Street,
CHICAGO.
WE
SECURITIES.
ROSENBERGER & LIVERMORE,
(Specialists in Southern and We-tern Bonds.)
31 NASSAU STREET,
NEW YORK.
24 Throgmorton
8
BROAD
St.,
238-240 La Salle St«*»*
i
London, E.
ST., N. V.
Queen Building,
New Tork Life Bldg.,
& William Sts, La Salle & Monroe Sts.
New York City.
Chicago.
Cedar
Bought, sold and carried upon moderate margin,
COMMISSION 1-16TH.
of Railway Statistics upon Application.
Established 1868
Tel. 2386 Cort.
life insurance
AMZI DODD,
co.,
An
is
^Benefit
newark, n.
1.
j.
a Guarantee that
The books hare been closed in a
proper manner.
President
Assets (Market Values) Jan. 1, 1900....$70,4fifl,400 46
and N. Y. Standard). 64.840,7i»7 24
Surplus
5,625,693 22
2.
THE NEW POLICY CONTRACTS
3.
Any
carelessness or irregularities
have been discovered.
Liabilities (N. J.
The simplest modes of book-keeping
OP THE
hare been suggested.
MUTUAL, BENEFIT
Contain
Special and Peculiar Advantages
which are not combined
POLICIES OF
Audit bv this ComDanv
4. If
In the
ANT OTHER COMPANY.
the books do not present a true
commercial situation, the fact
will have been pointed out.
Inspections of books are made without
charge, for the purpose of quoting
prices. Terms are reasonable because
Chronicle
of the despatch with which audits are
Issues of Jan. 17, 1891 Jan. 14, 21, Feb. 4, 11
May 13. 20, 1893 May 11, June 29, 1895 Jan. 4, Feb made and reports are furnished. Man82. 1898: Jan. 21 and 28, Feb. 18, 1899.
agerial oversight is given to all acInvestors' Supplement Jan. and July, 1893,
counting.
52 Broadway.
1900.
United States Life
Insurance Co.
THE CITY OF NEW
OFFICERS:
IN
YORK.
Georoe H. Burford, President.
Geo. G. Williams, Vice-Pres.
C. P. Fraleigh, 2d Vice-Pres.
FviCH'n E. Cochran, 3d Vice-Pres.
A..
Book
Office.
18SO.
IheAudu Company
Y. Con. Stock Exchange.
The Mutual
New York
The
OF NEW YORK.
STOCKS, BONDS, GRAIN.
CHICAGO
C.
entertain
a proposal for the establishment of
an Agency In New York. Highest references required.
H. Smith,
STOCK BROKER,
Member N.
HEAD OFFICE
The exchange fs prepared to
DEAL. IN
SOUTHERN AND WESTERN
Fred.
INVESTMENT SECURITIES.
Bankers and Exchange Agents.
Send for our Investment Circular.
DUKE
Ld.,
Wheelwright, Secretary.
J. L. Kenway, Asst. Secretary.
Wm.
Standen, Actuary.
C. Perry, Cashier.
John P. Munn, Medical Director.
T.
Arthur
FINANCE COMMITTEE:
Ohem. Nat. Bank
Builder
E. H. PERKINS, Jr., Pr. Imp. d Trad. Nat.Bk
James R. Plum,
Leather
Geo. G. WILLIAMS,
John
J.
Tucker,
Pres.
-
...
Active and successful Agents wishing to
represent this Company may communicate with Richard E.Cochran,
3d Vice-President, atthe Home
Office,
273 Broadway, N. Y.
SECURE BANK VAULT8.
Numbers Wanted.
;
;
;
Jan., 1808 and Jan,, 1899, Jan., 1900.
Quotation Supplement Jan., 1899.
Will pay 10 cents a copy for the Ciiuonioles
15 cents for the Supplements.
WILLIAM
B.
I
Sound and
and
DANA COMPANY,
76X Pine
QENUINE
WELDED CHROME STEEL AND IROK
Street.
CHRONICLE VOLVMES FOR SALE.
1866 TO DATE.
W1IMADI R. DANA COIWPANY,
PINE,
ST..
CORNER PEARL ST., N.Y
Flat
Bars and
6-jply
Plates and
Ac.
AnglM
FOR SAKKS. VAULTS.
Cannot be Sawed, Cut, or
drilled,
and positively
BurKlar Proof.
CHROME
lole
STEEL.
WORKS.
Kent Ave. Keap and Hooper Sts.,
Man'f 'ers In the U. 8. BKOOK.L.YN. M. \
@FedFRASER