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fiimnrml
nniMrct*
Quotation
Supplement
Street Kailwaij Supplement
(Monthi^
Investors Supplement (Quarteriy)
VOL
Dana Company,
SATURDAY, DECEMBER H,
6y.
Wxc
Supplement (semiAnnuaj/^
State and CiU|
[Entered according fy Act of Congress, In the year 1899, by the William B.
In the office of the Librarian of Congress.]
NO. 1799
1899.
Week ending December
©Ixranxjclje-
Clearings at
—
PUBLISHED "WEEKLY.
1899
I
I
(semiAnnuaJiy)
1899.
1898.
9.
,
P. Cent.]
1897.
1896.
Terms of Subscription — Payable
in Advance:
For One Year
HIO 00
For Six Mouths
6 00
European Hubsoription (including postage)
12 00
Suropean Subscription Sis Months (including postage)
7 00
^.nnual Subscription in London (including postage)
£2 10 s.
JixMos.
do.
do.
do.
£1108.
Above subscription includes—
Che Quotation supplement
Street Railway Supplement
Dhe Investors' scppleuent
State and Cipy Supplement
. .
Three Months
Six Months
Twelve Months
(13 times) ..$29 00
"
(26
).. 50 00
" ).. 87 00
(52
Edwards
& Smith, 1
Drapers' Gardens, E. C, will take sub;cription8 and advertisements, and supply single copies of the paper
Messrs.
kt Is.
Pitisburt;
Baltimore
each.
DANA
MTII^IilAin B.
CO:nPANT, Pabltshers,
Pine Street, Corner of Pearl Street,
Post Office Box 958.
NEVr YORK.
Washington
Rochester
Syracuse
S'-rauton
Wilmington
Bingbamton
Boston
Providence
Hartford
New Haven
SpriDgfleld
Portland
Fall River
Lowell
New Bedford...
Tota New Eng..
Chicago
Ciiicianati
Detroit
Cleveland
Milwaukee.
Columbus
Indianapolis
CLEARING HOUSE RETURNS.
The following
Peoria
Toledo
made up by
telegraph, etc., indicates
hat the total bank clearings of all the clearing houses of the
Jnited States for the week ending to-day, Dec. 16, have
)een |2,018,704,976, against |1, 822, 120,453 last week and
il,7o4, 065,127 the corresponding week of last year.
table,
Clbarinqs.
Returns by Telegraph
1888.
$1,091,019,298
OS ton.
129,282,797
'hlladelpbta
taltlmore
ibicago
t.
1899.
liOalB.
Tew OrleaDS
Seven
IP.Cent
Grand Kapids
Dayton
EvansvUle
days
6 days
cities, 5
>ther cltlea,
$926,923,988
113,5-8,893
81.434,552
76,564,267
17,616.706
121,561,607
21,846,990
102,454,540
31,538,317
29,600,000
10.477,496
10,079.493
$1,482,940,773
202,016.341
$1,280 958,161
175,047.623
Total
all cities,
cities, 1
Total
6 days....
day
all cities for
week.
$1,684,957,114
$1,456,005,784
333,747,862
298,059,343
$2,018,704,976
$1,754,065,127
full details of clearings for the
rbove statement will be given next Saturday.
161.731,996
147,808,1721
16.942,050:
8..355,310
10.285,563
6.377,144
7,500.000
3,288,588
2,044,326
2,487,182
1,391.273
1,363.279
979,384
337,688
504,555
585.061'
487.000
444,510
+370
+28-4
-0-7
+11-7
-141
-27-8
105,025,862!
5,661.200
2.381,580
1,445,2781
1,266.0331
1,437,841
1,319.167
+173
969.982
760,860
502,237
136.724,867
120,214.876
13.371.900
6.911,266
8.867,387
5,499.386
4,483,300
2,816.170
2,017.H03
1.997,958
+1-3
+24-5
1,151.264
1,006.928
+35*5
120,569,880
111,170,£07
-I-22-9
107,880,749
14,391,800
6,881,687
6,947,502
6.116.850
4,081.300
2,891.881
1,798,210
1,772,610
948,289
815,543
90.305.911
12,566.450
6,253 131
5,781.920
4.688.224
4.264.500
2,115.838
1.695.872
1,530,741
762,570
589.905
+267
+20-9
+16-0
-t-160
+6T3
-)-16-8
-t-26-8
+10
Springfield, Ohio..
382,987;
Canton
258.657
258,150
215,698
275,000'
246,6691
174.680
176,704
Lake City
Fargo
Sioux Falls
Total Pacific
Kansas City
MlUDbapoltB
Omaha
Paul
Denver
Josepb
Dee Moines
Davenport
Sioux City
St.
Wichita
Fremont,
Hastings
Tot. other West.
St. Louis
New
Orleans
Louisville
Galveston
H<iU8ton
Savannah
Richmond
Memphis
Atlanta
.Nashville
Norfolk
Augusta
Kuoxville
Kort Worth
Birmingham
Macon
Little Bock
Chattanooga
606.022
213.436
30,547,874
14,654,117
14,871 671
6,468,299
5.638,219
4.324. 222
578,400
134,308
144,2081
140,0001
26,234,579
12.126.728
11,637.095
7,140,954
6,491,609
2,041,607
2,100,000
1,480,478
689,060
945,398
600.441
453,239
115,193
123,890
55,308,278!
46,445,686
31,319794
34.341.235
12.517.996'
6.855,162
4,r88.2O0
i
3,900,100,
1,533.981
1,043.3051
1,331,038
778,793'
480.425
13.339.710
8.573.993
4,041.500
4,681,470
4,071,057
3 218,261
3,181,147
2,1.35.017
1.805,:^80
2,008,643
1,561,712
594.409
901,765
919,184
773,000
652,428
450,029
285,426
Jacksonville
Total Southern,.
87.513.955
Total all
1,822.120.452
Outside N. York.
Montreal
2.514.130!
2,182.679
1,690,696;
1.379.324
1,242 576
842,801,
032.9651
4,711,5001
3,319.023!
2,959,169
3.217,602
1.699.617
1,326,468
-t-27
7
+54-0
+26-8
-(-38-4
+30-9
-(^•9
+39-8
+20 8
+27-8
-9-4
-131
+702
+85-7
+3 6
+51-4
-HO 8
-f29-7
+6
+25*2
+13-0
+19-1
-006
+7
+251
— 14-5
—1-9
+22-7
+8*8
-1-1
+25-7
+381
-4-3
+0-7
+76"9
+34-4
56,254,524
16.068.739
1,649.688
2,549,476
1,453,914
1,435.373
894.302
867.881
550.0O0
372,883
12>',240
25,330.375
11,328.192
12,068,076
5,298.049
5,521,310
2,441.565
1,428,088
1,200,000
552.858
794 031
643.634
418.248
82,:i05
106,728
41,886.018
29,902,949
12 346,868
7.347,649
4.152.600
3.975,512
3,614.908
2,703.957
3,:i86.584
1,893,81
.316,638.064
5L^2.716.42l
871.998
844,262
816.941
844,2H0
35 117.953|
-(-4-6
317,954
65,162
76,911
37.063,905
26.584,191
12.059,410
6,885.307
4.186,650
3,622 171
3.175,650
2.874.707
2,930.456
422,518
251,142
257,6^6
6y.598.115
.012 202.128
+17-9
4-50 3
1, 878,490
4-7
787.528
070.869
-1-6
5«i:^.081
9U3M)1
12,901,554!
8,713,197
2.489.308
+102
20.671,112
10.922,373
10.248.928
3.896.294
4.752.383
8.H«>,688
1,393,988
1,143.537
518,588
566,199
472.011
+17
6
13,279,398
2.075,319
1,456,409
1,425.554
459.625
633.4 6
451,270
694,099
146.799
48,163
412.979
+7-4
-fl8-2
131,985.783
435.801
1,100,508
jf-170
+31-5
249 276
206,800
253.181
250.000
191,896
154,586
180.562
1,764.199
1,182.091
1,010.121
1,072,4H6
1,840,771
1,043.661
1,167,640
81,487,503
-i-47-7
342,733]
241,3931
857,904
804,818
1,116.402
1.239.912
38,853.583
+23 4
441,930
Hamilton
Vancouver
Total Canada
+62-8
J
1 ,556,833,570
575,000;
1,450.000,
Victoria
-H33
485.605
879.000
513,760
289.671
235,659
76,809.837
2,179..387
John
-1-480
+80*0
+23-3
-(-89-6
Halifax
St.
5
823,'r45l
17.254,060
11.942.489
3.458.617
Toronto
Winnipeg
-I-8-7
1,348,154!
601,915.434;
16,514.612
10.841,574
2,931,076
708,051.017!
-56
-(-489
621,852
895.328
522 358
501,204
+12 9
-|-22*5
172.319,563
15.037.300
1,338,791
1.108,508
592,106
-10
256,137,
212,514,435,
21,549.083
4,0H2.581
2.233,810
8,159,007!
2,124 852
1,575.000
1,163,301
828,782i
13,628,695
16.745,778
4,382,417
1.927,524
1,443,412
947,393
806,041
629,546
288,300
+18*3
333,140
Tot. Mid. West'n.
San Francisco
5'5,62},489
924,009
626.519
479.791
-23-4
283.549
Spokane
ence in the above the last twenty-four hours of the week
ave to be in all cases estimated, as we go to press Friday night.
We present below our usual detailed figures for the preious week, covering the returns for the period ending with
aturday noon, Dec. 9, and the results for the corresponding
reek in 1898, 1897 and 1896 are also given. In comparison
7lth the preceding week there is an increase in the
iggregate exchanges of one hundred and eighty-five
lillion dollars, the gain at New York being seventyve millions.
Contrasted with the week of 1898 the
3tal for the whole country shows an increase of 17'0 per
9nt. Compared with the week of 1897 the current returns
joord a gain of 38-4 per cent, and the excess over 1896 is 80-0
er cent. Outside of New York the increase over 1898 Is 17-6
er cent.
The excess over 1897 reaches 33-9 per cent, and
taking oompariaon with 1896 the gain is seen to be 520 p. c.
1,137,739
58^,464
497,1181
+28-8
+16-0
+19 2
408 157
Helena
We cannot,
1,331.688!
1,221.798,
1,775,371
1,525,579
1,549,210
1,698.464
671.713.006
96,179.768
5,242,200
2,la3,416
1,481.962
1,307,778
1.284,480
+41 '5
317 973!
I'ac'Oma
f course, furnish them to-day, bank clearings being made
p by the various clearing houses at noon on Saturday, and
1,762,540
1.703,351
895,787,W(50
4-22-3
+27 6
Kalamazoo
Saginaw
Kocktord
Los Angeles
week covered by the
[
576.340,311
+25-2
Akron
Topeka
The
980,060
696,077
357,600
460.700
If 268,503,914 1,093,681.372
143.483,339
120,410.989
7,134,100'
5.206,500
2,877,859;
2,331,750
I
783,921,6431
67,602,4631
14,891,686
17,287.781
5,173.955
2,296,151
1,683,701
1,053,5661
986.0321
669,4621
341,7001
348.856:
Lexington
Portland
+151
1,948,581!
1,024,781^
l,12o,2«3
+16-7
+47-2
+50-2
+0-4
+21-9
+0-9
+26-5
+20-7
223.797
320,955
373.955
874,900
St.
ill
'
a.195,3631
3,028,321
8,456,6011
1,236.4161
954.918,136
84.378.565
18,322.537
22,y7».W89
5,080.0S7
3,000.959
+20 8
Yiiungstown
SpringUeld, HI
Seattle
+15-8
+15-4
I
88.360,233
a7.5 17,631
23,071,372
867,940
357.857
417,506
538.057
389,000
Salt
lew York
I
Week Ending December 16.
I
Buffalo
Worcester
London Agents:
1 114.066,4351
Philadelphia
Total Middle
Terms of Adrertlsiug —(Per Inch Space.)
transient matter
$4 20
STANDISG B 03INE8S CARDS.
Pwo Months
22 00
(8 times)
New York
j
465 861.817
18.328 650
8,082.950
1 .925 008
1 174,986
H99.924
652,592
-I-36-7
-H6 8
+10-B
28.840 946|
24,804.050
1216
THE CHRONICLE.
rVoL. LXIX.
bringing the results down to the first of December*
It shows, as expected, a new high record established.
this
During the month the number of furnaces in blast
Every condition seems to have contributed
for
which
has
been
liquidation
the
was increased from 277 to 283, and the output per
week to aggravate
on the first of
gome time in progress on our Stock Exchange. The week
December was 296,959^
money market became closer after the publication of tons against 288,522 tons on November 1.
That of itself was a Thus there has been an addition of 8,437 tons per
last week's bank statement.
THE FINANCIAL SITUATION.
severe trial, chiefly to those holding the "specialties'" week, bringing the production now
now under a cloud of discredit, and it led to free sell- ous rate of 15^ million tons a year.
up
to the marvel-
Since last March
ing of industrial shares. But a severer strain came the number of active furnaces has increased from 192^
with the reverse announced on Wednesday to the to 283, and the weekly product from 228,195 tons to
This was the sec- 296,959 tons. The first of last January the output
British forces in South Africa.
ond reverse of the current week. These, how- was 243,516 tons per week, which at that time was an
have been more in the nature of set- unprecedented figure. The total now at 296,959 tone
ever,
backs to attempted advances; but when the second
repulse was reported, which was by far the more
important, being of the whole force under General
Lord Methnen, free sales on foreign account were
made ; towards the close of the same day the selling
53,443 tons per
week
than this previous
maximum, so that the addition has been at the rate
of 2f million tons a year, and this will be further decidedly increased before the close of the current
month. The pace is a rapid one, and it is a rather
became more general and urgent, covering very large encouraging sign that some slight shading of prices is
transactions and including stocks of all descriptions, at length noticeable in certain directions.
We say
high priced railroad stociss as well as industrials. At this is an encouraging sign, for a two-fold reason i
the same time foreign exchange became stronger and first, because with the further additions already arhigher with rumors current of gold shipments to-day. ranged for, it is not desirable to provide too great a
Thursday the market showed less sensitiveness, there stimulus, tending to induce the starting-up of still
being free purchases reported on foreign account but other furnaces, and secondly because slightly lower
the liquidation continued, making transactions large. prices will operate to increase consumption and thus
There was no material change in conditions yesterday. furnish a market for the enlarged production. We
Though the money market was active and higher notice what looks like a check to the steady diminuSaturday and Monday, it grew slightly easier there- tion in accumulated stocks which has been so long in
after, chiefly because of a diminution in the demand progress in face of the rapid growth in production.
month further
resulting from heavy liquidation of speculative ac- Warrant stocks during the late
of
supplies
Exchange.
New
decreased and are now down to the insignificant figure
counts on the Stock
received.
amount
were
considerable
a
of
9,300 tons, but on the other hand furnace stocks
money to
Among these the most noticeable was about $3,- have risen a trifle, being reported 113,693 tons De000,000 reported by the Canadian Bank agen- cember 1, against 111,543 tons November 1.
employment in our
remitted partly for
cies,
for the purchase of
partly
In the railroad world perhaps the most important
money market and
institu- event was the announcement by the Pennsylvania
Clearing-House
exchange. One of our
tions also received about If million dollars and an- Railroad of an allotment of 10 per cent of new stock
This will increase the
other nearly $800,000. Taking our banks as a whole, at par to the shareholders.
the total receipts from the interior were large and stock, roughly, 13 million dollars, raising the total to
the net shows a substantial gain, but the Treasury about 142i million dollars. The money will be used
revenue was so much in excess of the disbursements mainly to provide the company's capital needs for new
The company is spendthat the net Jgain of currency for the week is but construction and equipment.
The Treasury disbursements for bonds ing liberally out of earnings for the improvement and
$1,439,000.
purchased under the recent order of the Secre- betterment of plant, as its monthly returns evidence,
tary were insignificant, amounting to $1,589 22, but over and above these outlays the demands of an
making the total at our Sub-Treasury $17,709,- increasing business call for heavy expenditures in
On Thursday the Secretary of the other directions, which have to be met by providing
282 56.
Treasury announced that he would pay the in- new capital. As showing how imperative these de-^
due January 1, without rebate, on the mands are, we may note that for the ten months of
terest
4 per cents of 1907, amounting to $5,057,886. the current calendar year to October 31 the gross
The amount of gold that will be shipped to London earnings of the Pennsylvania lines directly operated
to-day was not definitely determined when this re- east of Pittsburg and Erie increased $5,397,300,
port was closed last evening. All we could then trace while on the lines west of Pittsburg there was a furwas $2,200,000— $700,000 by Kuhn, Loeb & Co., $500,- ther addition of $4,542,300, making together only a
000 by Baring, Magoun & Co., 8500,000 by Belmont trifle less than 10 million dollars. Such expansion in
& Co. and $500,000 by the Park Bank. These with- business, with the prospect of still further additions in
drawals are not included in our currency figures for the immediate future, calls for an increase in the
transportation facilities needed to do the work and
to-day.
in all the appointments and requirements to that end.
While Wall Street affairs have been so much The New York Central, it will be remembered, has
perturbed, the country's industries remain in a state been forced to take the same step, having just made
In view of the leading
of undiminished activity.
steel trades, the " Iron
and
iron
position held by the
is
larger
provision for an increase of $15,000,000 in its share
to be used in buying
is
capital, all
of which
Age's " monthly statement of pig iron production has new equipment. The method of raising the addibeen awaited with considerable interest this time. tional capital is the same in both cases, and is to be
The statement has been issued the present week. commended. By allowing shareholders to take stock
December
THE CHRONICLE.
16, 1899. J
worth a large premium in the market,
the holders get in effect a special dividend without
the resources or earnings of the companies being
drawn upon in any way. Pennsylvania stock closed
at par
which
is
yesterday in this market at 133^ and the price of New
York Central is 13U. The "rights" to take the new
stock in this latter case are selling at 4f
As was foreshadowed by the
directors of the
action of the board of
Northern Pacific at the time of the
declaration of the last dividend, that company is to
give holders of the common stock an extra one per
1217
sudden burst of activity occurs. Monday of this
week will serve for an illustration. On that
day our
messenger
not obtain copies of
the official sales sheet until twenty minutes to five
o'clock.
The "Evening Sun," giving the same record, was being sold on the streets at ten minutes to
four o'clock. Last spring when sales on the Exchange amounted to 1^ million shares per day, the
It happened several
difference was even greater.
times then that the official sheet could not be obtained
until close to 6 o'clock, while the "Sun" would be
sold on the streets at 4 o'clock.
To be sure typographical errors creep into the " Sun's " report, but
could
cent in addition to the regular payment of one per candor compels us to say that the Official List
cent.
The Northern
Pacific
Company, under
excel-
altogether free from this kind of defect.
is
not
We may
enjoying rare prosperity. The
add that the paper referred to in its financial
preferred shareholders have been getting the full 4 column also furnishes a very good summary of the
per cent per annum regularly since the first quarterly news for the day and the influences affecting the
payment of one per cent was made in January 1898. market.
The common stock received its first payment of one
per cent in February of the present year and another
Money on call, representing bankers' balances,
payment of the same amount was made in August.
Now a third semi-annual dividend of one per cent has loaned on the Stock Exchange during the week at 15
per cent, averaging about 7 per
been declared on this stock, with one per cent extra, per cent and at 4
The managers have been pursuing cent. On Monday the range was from 15 per cent to
as already stated.
4 per cent, with the bulk of the business at 12@16 per
a very conservative policy in the matter of the distriThe higher rate was due to calling of loans
bution of profits to the shareholders. Not to speak of cent.
early in the day, which caused an urgent demand for
the setting aside in 1898 out of earnings of the special
maintenance of high figures
fund of $3 000,000 to insure the dividends on the money, resulting in the
afternoon,
when
some of the large banks
until the
preferred stock against adverse contingencies, $3,176,and other lenders of money loaned freely, causing a
619 of earnings were applied in 1898-9 for additions
the lowest rates of the day.
On Tuesday
and improvements, and even after this allowance the decline to
loans were made at 8 per cent and at 4 per cent, with
report for the late fiscal year showed a surplus of
the majority at 6@8 per cent. On Wednesday the
$1,033,284 over and above the requirements for
range was likewise from 8 per cent to 4 per cent and
charges and the full dividend of 4 per cent on the
The the bulk of the business was at 6@7 per cent. On
preferred and 2 per cent on the common stock.
Thursday loans were at 7 per cent and at 4 per cent,
additional one per cent on the latter shares will call
For the new fiscal year, since the first with the majority at 6@7 per cent. On Friday
for $800,000.
the range was from 6 per cent to 5 per cent, with the
of last July, revenues have continued to expand in a
bulk of the business at 6 per cent. Banks and trust
very noteworthy way, gross for the four months
companies
quote 6 .per cent as the minimum for new
to October 31 having increased $1,488,594 and net
loans, and very few transactions have been made dur$719,907.
ing the week at the low figures recorded on the Stock
Exchange. Most of the bank loans, it may be noted,
In the present period of activity in the stock mar- are made early in the day, when the demand for reket, it seems not out of place to call attention to a
newals is customarily most urgent, and consequently
piece of newspaper enterprise which is occasioning a
Time
full rates are generally obtained by the banks.
lent
management,
is
good deal of favorable comment in financial circles. contracts continue to be in good demand, especially
The "Evening Sun" of this city prints each day a for short periods, but lenders prefer to place their
full detailed report of the transactions on the New
money for six months. The rate is 6 per cent for all
York Stock Exchange, showing every change in price dates on good mixed Stock Exchange collateral. The
and the amount of sales at each change. Where the offerings of commercial paper are moderate and there
market is dull and inactive the undertaking is not is no indication of urgency on the part of mercantile
a very formidable one, but where the transactions
borrowers. The business done is chiefly for out of
reach a daily total of a million shares and over, town and
few of the city banks or trust companies are
and it takes a whole page of a big sheet like in the market as buyers. No sales are made below 6
the " Sun " to report them, the task becomes
per cent, and this rate is quoted for sixty to ninetyone of considerable magnitude, and it requires day endorsed bills receivable, the choicest of which
great sJcill and ingenuity and very careful lookhave recently been sold at 5^ per cent. The rate for
ing after details and much preliminary planning prime four to six months' single names is also 6 per
The record thus fur- cent, and for good names running for these periods
to accomplish it with success.
given
the
Stock Exchange ofiicby
nished is like that
the quotation is 7@8 per cent.
ial list, and is extremely useful to those in any way
Such a record shows at a
interested in the market.
glance what the course and character of the market
Following the details of the disastrous defeat of
has been, and which properties have been particularly General Gatacre near Stormburg, Natal, on Sunprominent in it. But what is chiefly commendable is day, there came news of the repulse of General
the promptitude with which the work is done. The Methuen on Monday near the Modder River. The reconcern which prints the official list nearly always ports of these disasters produced so disturbing an imfinds difficulty in coping with the added work when a pression in London on Wednesday as to cause a general
THE CHRONICLE.
1218
relapse in tne security market;
it
also increased
the
tension in the discount market to such an extent that
was thought probable the Bank's minimum would
be raised on the following day. On Thursday, however, the failure of the Bank's governors to change
the official discount rate seemed to have an assuring
It may be noted, though, that the Bank has
effect.
advanced the price of gold bars and American eagles,
and this would seem to indicate a purpose to attract
gold through offers of indirect purchase of the metal.
it
[Vol. LXIX.
supply with those against cotton in most
liberal volume.
Grain bills are quite firmly held, and
owing to the fact that they are rebatable at 1 per cent
below the Bank rate they command better prices than
bankers' sixty day sterling. Arrivals of gold at the
bills in fair
Custom House for the week were $46,992. Gold to
the amount of $2,200,000 was engaged yesterday
(Friday) for shipment to London to-day.
Nominal rates for exchange were 4 82@4 82-^ for
sixty-day and 4 87^ for sight on Monday and Tues-
England minimum rate of discount re- day, but on NYednesday the range was from 4 82 to
mains unchanged at 6 per cent. The cable reports 4 82i for the former and from 4 87^ to 4 88^ for the
discounts of 60 to 90-day bank bills 6 per cent, while latter, and on Thursday and thereafter the rates
The ranged from 4 82^ to 4 83 for sixty-day and from
bills "to arrive '^ are quoted at 6:^ per cent.
The Bank
of
Continental discount rates are also irregularly quoted
in consequence of the near approach of the end of the
year, open market rates at Paris being 3|@4 per cent,
and those at Berlin and Frankfort 6@6^ per cent.
According to our special cable from London the Bank
4 87^ to 4 89 for sight. Rates for actual business
opened on Monday at a decline of one- quarter of a cent
for long, compared with thos? at the close on Friday
respondent further advises us that the loss was due to
the export of £835,000 (of which £715,000 was to the
Argentine Republic, £100,000 to Egypt and £20,000
to Malta), to £274,000 net sent to the interior of Great
Britain and to imports of £117,000 bought in the open
market.
It may be noted that there was a rumor in London
on Tuesday that the Bank of France was about to
This was ingive up gold to the Bank of England.
terpreted to mean that the French bank had loaned
or would loan gold to the English bank and the
amount stated in the cables was £2,000,000, of which,
it was said, £800,000 would be sent from Paris at
Later cables failed to confirm the rumor and
once.
the above noted return of the Bank of England for
the week shows that no large sum of gold has been reBankers here had no advices
ceived from Paris.
either in confirmation or denial of the above-mentioned rumor, though some o^ the bankers thought
It will be remembered that
that it might be true.
November 15 1890, during the height of the Baring
panic, the Bank of England borrowed £3,000,000
gold from the Bank of France.
The gold obtained
from Paris was subsequently returned in the identical
oases in which it was received, these having been unbroken.
so
4 81@4 81:^, while there was an advance of one-quarter of a cent for short and for cables,
of England lost £991,635 bullion during the week and to 4 86|@4 87 for the former and to 4 87|@1 88 for
Our cor- the latter, and the market was generally strong. It
held £2-9,805,559 at the close of the week.
of last week, at
continued on the following day, though at unchanged figures, but on Wednesday there was an
advance in rates for actual business of half a cent for
long, to 4 8H@4 8 If, and of three-quarters of a ceni
for short and for
cables, to 4 87i@4 87f for the
former and to 4 88i@4 88| for the latter, and the
market closed quite strong. There was no change in
rates on the following day, but the market had an
The market
easier tone, due to a lighter demand.
was steady on Friday. The following shows daily
posted rates for exchange by some of the leading
drawers.
DAILT POSTED BATES FOR FOBEIQN EXOHANOB.
Fri.,
Dec. 8.
Brown Bros
Saiing,
VlaKOun
& Co..
5
60 days,
i
Sight....
5
60 days,
t
Sight....
Bi.nk British
S 60 days.
No. America... {Sight....
Baas of
) 60 days.
Montreal
Canadian Rank
}
Sight....
(flOdays.
ol Commerce.. } Sight..
Held 81 bach. Ick (60 days.
.
elbeimer
&
Co.
•
J
Sight....
60 days,
Lazard Freres...{sight...,
Merchants' Bk. (60 days,
,? Sight...,
of Canada
}
The market
4 83
4 87><
4 82^
4 87>i
4 8!i^
4 87ii
4 83
4 87
4 82;^
4 87)^
4 82}<
4 87>,
4 82^
4 87>«
4 82}i
4 87
MON..
Wed..
TCES..
Thur..
Fri.,
Lec. 11. Dtc. 12. Dec. 13. Dec. 14. Dec. 15.
82^
82
82
87«
87i<
82 s«
12^
82Ji
87>6
82
82
88
82
8.S
87«
82^
87«
88
87«
82^
87«
82
88
87>i
82
82
87X
82«
87H
87J4
82Vi
82^
87«
82^
87H
82^
87«
82^
87H
82H
B^
87>4
88^4
mi
82>i
88^
88H
82«
89
82Ji
88
82 >^
82^
87«
82«
88^
82 i<
88H
87J^
'^
83
82Vi
88^4
82«
87H
89
83
83
89
83
88«
88!^
closed firm on Friday, with rates for
actual business 4
81i@4 81|
for
long, 4
87i@4 87f
and 4 88^@4 88| for cables. Commercial on
The foreign exchange market has been strong this banks 4
81@4 81^ and documents for payment 4 9>0^
week, and it was quite active and higher on Wednes@4 82 cotton for payment 4 80^@4 80|, cotton for
The strong tone was chiefly observable in short
day.
acceptance 4 81@4 81^ and grain for payment 4 82^@
sterling and cables early in the week, long sterling
4 82^.
being easier, and then the market seemed to be principally influenced by the tension and higher rates in
The following gives the week^s movement of money
the London discount market. On Wednesday an
to and from the interior by New York banks.
urgent demand for short sterling and cables late in
the day caused a sharp advance in the rates, and the
Wuk EtidiTiQ December 15, 1899. Received by Shipped by Net Interior
Movement.
N. Y. Banks. N. T. Banks.
market was quite strong. It was then reported that
Gain. $2,116,000
CuiTGncv
....••...•••
$2,293,000
$4,409,000
at least two of the large foreign exchange houses were Gold
Gain. 3,273.000
934,000
4,207,000
for short
;
remitting against securities sold here for London account, and the exceptional strength in cables was attributed to a
settlement.
some
demand to remit for the semi-monthly
The higher rates for exchange gave
color to the report above
referred
Total gold and legal tenders
though there was no recession in rates and the tone
closed a shade easier.
Bankers report commercial
$3,227,000
Gain. $0,880,000
With the Sub-Treasury operations the
result
Out of
Banks.
Bank
Week Ending December
15, 1899,
Into
Banks.
to that the
Bank minimum would be advanced. On the following day, when it was seen that no .change had been
made in the Bank rate, the market grew more quiet,
$8,616,000
Banks interior movement, as above
Snh-Treasury operations
Total gold and legal tenders
The
is:
Net Change in
Holdinus.
$8,616,000
15,300,000
$3,227,000
Gain. $5,369,000
19.250,000
liOSS.
$23,916,000
$22,477,000
following table indicates the
in the principal European banks.
3,950,000
GaiD. $1,430,000
amount
of bullion
December
December
Bank
THE CHRONICLE
16. 1899.]
December
14. 1899.
there has been no full recovery;
15, 1898.
ef
Oold.
saver.
Total.
Oold.
£
£
£
£
saver.
1219
Total.
£
descent has been constant, that
by very temporary reactions.
is
from that date the
uninterrupted except
We
XDgland
France
OenuaDy.
30,988,879
29.805,659
29,805,559 30,988.879
75.353.498 48,612,979 121,966,477 73,082,966 48,386,330 121,469,296
84,398,000 12,668,000 36,964,000 26.702,000 13,756.000 40,458,000
..
Russia
86,377,000 4,968,000 91,345,000 99,52.3.000 3,695,000 103,218,000
Anat.-Uuncr'y 38,777.000 11,420,000 50,197,000 35.333,000 12,454,000 47,787,000
Spain
13.600,000 14,175,000 27.775,000 11,062,000 6,855,000 17,917,000
Italy
15,451,000 1,494,000 16,945.000 14,978.000 2,330.000 17,308,000
4.315.000 6.725.000 11,040,000
Netherlands..
3,757,000 6.905,000
9,662,000
4,701,000
Nat.Bel«'m...
3,134,000 1,567,000
3,005,000 1,502,000
4,607,000
wish our people could recognize the kind of
hot-bed their laws have provided and are continuing
in operation by means of which this ruinous involvement has been generated. The year's events furnish
a wonderful illustration of its action and our financial
Tot.tbl8 week 290,522,057 98,644,979 389,167,036 299,118,845 05,768,330 394,887,175
Tot. prev. w'k 292.705,612 98.939.093 391.644,705298.906,803 95,230,162 394,136,955
very similar
history abounds
in
like experiences.
They
are all
—a
term of prosperity opening full of
hope and yet in a wonderfully short period ending in
distrust and insolvency, and each clearly traceable to
A STUDY OF WALL STREET'S LAST CYCLE the same influence. Congress during this week has
OF PROSPERITY.
been busily engaged in an earnest effort to corEvery excess is followed by its corrective. That is rect some of the most disturbing of our currency
the law in finance, in commerce and in morality. derangements. AVhile rejoicing because of what we
We have had an illustration of this principle at work have reason to presume will be accomplished, the
the current week. It was the natural sequence of defect that caused the congestion of money at this
our overdone good time in marketing securities dur- centre, the forcing agent out of which the unsafe
ing the first five months of 1899. Since then liquida- speculation referred to above was developed, will not,
tion, a very trying process, has been in progress, the we fear, be corrected on this occasion.
Bank curIt is rency under the new law will be largely increased, unless
last stage of which we have now entered upon.
the invariable outcome of a rapid conversion of float- a rapid advance, already begun, in Government bonds
ing capital into fixed forms, especially when, as in is induced by reason of the added employment given
this case, the operation has been attended and aggra- them as a basis for note issues.
But whether our
vated by* excessive capitalization. The development bond-secured currency be materially added to or not,
was very like Jack's beanstalk, which shot up so fast the prospect we fear is that tbere will be little change
as to reach cloudland in a night.
in its characteristics
it will have the same tendency
It is obvious that what the Wall Street market has it now has to keep afloat when out of use, and hence
passed through within the months of this year is not accumulate at our trade centers, creating and fosteran ordinary but a phenomenal occurrence. The exper- ing an unnatural demand.
Its extreme
ience is unnatural for several reasons.
We likewise have illustrated to day a final and vicThose ious way of working harm such a currency seems to
range and brevity distinguish it as such.
months measure its completed cycle. To be sure rejoice in possessing. After doing all it can to enthere was a limited movement in some values in 1898, courage the operations of the speculator and to inbut the start in a general way was in 1899 from a low spire him with hope of its constancy, it finally deserts
Then him in his hour of greatest need and leaves him in the
level of credit and low prices of securities.
again, out of such a source the advance was in a few lurch, a prey to mortification and disaster.
Its abode
weeks carried to a point at which the level of prices in the city in excessive amounts is always a temporary
It is at
was unprecedented, in many cases the least-known affair. Where it belongs is in trade circles.
No sooner had its real work only when engaged in facilitating
property appreciating the most.
tide been reached than the reverse legitimate business.
this high
With it speculation is a mere
movement set in, a reverse movement which by-play. After it has become tied up in the specuthis
week in a condition of lators' operations, whose every hope depends on its reculminated
has
wide distrust, accompanied by a general decline, and maining as it is, it suddenly leaves for the interior.
Another con- This habit and tendency remind] one of the
in many cases to extremely low values.
dition of this disturbance which has marked its course effort in the early years of Harvard College to
James
catch and keep and educate the Indian.
is that it has all along been of very limited compass.
Not even every class of security was involved, while out- Kussell Lowell tells us in his inimitable way
side of the stock market it has apparently not been that their own wild life was dear to them: "the forfelt; during the period while it was developing and est beckoned just outside the college door and the
culminating, and even when it had collapsed, indus- first blue bird of the spring whistled them back to
Away they went as if saying to the
trial affairs went on progressing unchecked by this the woods."
President: **0h, sir you hear I am called." Simicyclonic movement at work within the same zone.
is
that
although
feature
the
final
col- lar words are the only cheer the speculator gets
Still another
lapse has been coincident with tight money the bub- whenever the trade demand sets in for the currency he
In has been and is using and more than ever needs. Beble really burst when money was extremely easy.
other words, the liquidation was not caused by high tween this imperative call and any mere speculative
The natural
rates for loans, distrust having first become apparent entanglement there is no uncertainty.
before stringent money began to develop. This sug- tendency is so strong that not a moment is wasted in
gestion is important because so many feel that a new doubt. *' Oh, sir! you hear I am called;" that is, theonly
supply of currency would to-day restore the old state refrain. It is a cruel fate; and yet the poor specuIf he
It was a loss of confidence in the securi- lator does not know what is hurting him.
of things.
money
lenders
deceptive
instruments
led
to
same
that
discriminate
the
in
more
of
could but get
ties traded
even as long ago as in May against certain classes of he thinks he would be saved. Whereas it would only
properties which were being largely dealt in.
The give a brief extension to his hope, to drop him a little
liquidation began at that time, call money being then later in a deeper slough.
Can any one fail to see the folly of retaining the
at 2 to 4 per cent and 60-day time money 3 to 3^ per
;
!
cent.
Since the panic which occurred in that
month
use of a currency device possessing such glaring de-
THE CHRONICLK
1220
fects
?
Yet we have not
recalled but in part
influence in disorganizing our industries
those
who accept
its
alluring service.
its
and ruining
THE BRITISH REVERSES IN SO UTH AFRICA.
To understand
the meaning of the recent events in
the South African campaign, it is necessary first to
recall the position of affairs when the war began.
Whatever the merits of the preceding controversy, it
was the Boers who declared war and the Boers who
b3gan the fighting. Pursuant to the most approved
modern rules of war, they assumed the aggressive and
struck instantly for the enemy's army. In this they
may be said to have had a triple purpose the prevention of a junction by the several British commands
at a selected strategic point, the rousing of sympathy
among the Cape Colony Boers by vigorous measures
and initial successes, and, by no means least important, the capture of one or more of the British detachments with their arms and ammunition.
A brief reflection on these three distinct purposes
will serve to show exactly how far the Boer plan of
campaign has thus far succeeded. The Boers have prevented the junction of the three English columns;
even before the British reverses of the past week Lord
Methuen in the west and Sir K^dvers Buller in the
east of the theatre of war were separated by the entire
breadth of the Orange Free State a distance of more
than three hundred miles, not covered by railways or
by practicable ground for marching armies. Between
these two commands, and effectively cut off from
either. General Gatacre was facing the Boers on the
north frontier of Cape Colony. Practically all three
commands had been forced back upon British terri
tory. Lord Methuen and General Gatacre holding
the border of Cape Colony and Sir Redvers Buller
moving through Natal. The three divisions, moreover, had been compelled to retreat; the Boers were
invading aggressively, and had already inflicted something much like a defeat on Sir George White in the
—
—
Their second purpose seemed, therefore, to
have been in a measure gained for all military history has proved, notably the history of our own Civil
War, how powerfully a doubtful adherent may be influenced by preliminary successes. A good deal of the
future of the campaign may possibly depend upon this
phase of the problem.
As regards the capture of British stores, arms and
munitions in quantity, the Boers have met with very
east.
;
small success, and
which
is
it
is
this
three stations have been for six weeks besieged by the
Boers, but without success.
The strategy of the cam-
The present paign
currency reform movement will be disappointing in
the end if too much dependence is placed upon a
bond- secured bank-note currency, with legal tender
features added to help keep it afloat.
third objective point
the centre of the struggle now.
In the
capture of English forces in motion, the achievements of the Boer forces have been considerable.
They are reported to have upwards of twenty-five
hundred prisoners. But these prisoners were captured
they were therefore not heavily
on the march
equipped, and in losing these forces the English lost
;
[Vol. LXIX.
may be
said to consist,
on the part
of the Boers, in the effort to capture these
commands;
at this stage
on the part of the English, in the effort to reach and
relieve them.
Judged from this point of view, the
struggle thus far is a drawn battle.
Neither side has
as yet accomplished its purposes.
When, moreover, the actual advantages of one side
or the other, judged in the light of a permanent ending of the war, are taken into reckoning, it will appear that the failure of the Boers to effect their purposes is a more serious disadvantage than the failures
Except for the possible bearing of
of the English.
the Boer successes on the attitude of the Dutch in
Cape Colony, it still remains true that time is in favor
Being an agricultural people, the
of the English.
Boers can feed their armies from the resources of the
country. Not being in any sense a manufacturing
people, they cannot continue indefinitely to provide
arms and ammunition. The relatively very heavy
officers and men
losses of the British army in
are of course a serious handicap to the advance;
exhaustion
of
ammunition on the part
but
either army would be fatal.
Now in this
of
lost
none
of
regard
the
English
have
advantage.
They have in Cape
their original
Town an immense store of munitions of war and
every incoming transport is increasing the supply.
So long, therefore, as the three advancing columns
keep their communications intact, the waste of
ammunition in each successive battle can be made
good by the next train from the Cape. It is not
difficult to see
how
unlike this situation
is
the posi-
So far as any indication goes,
there is no evidence that they have any means of
They are
replenishing the waste of ammunition.
cut off from communication with any outside State as
no nation at war in modern history, with the excepand the wars of
tion of Switzerland, has ever been
Switzerland were fought before the days when artillery battles involved the expenditure of enormous
Doubtless plenty of
stores of shot and powder.
manufacturers
ready to provide
would
be
foreign
General Joubert's troops with guns, powder and shot.
But neither the Orange Free State nor the South
African Republic touches the sea on any side. Even
in peace, the provisions for Johannesburg, Pretoria
and Bloomfontein had to be forwarded either
through Delagoa Bay or through Durban or
Town is
Town.
But
Cape
through Cape
headquarters,
Durban]
English
military
the
Natal,
and
is held by the English sympathizers of
Delagoa Bay, in Portuguese East Africa, is neutral
The armies of the interritory and closely watched.
vaded Power in the Russo-Turkish war, the Austrian
war of 1866 and the Crimean war had behind them
railways connecting with the sea coast, where a constant stream of military supplies could be commanded. Even the South in our Civil War had its
blockade-runners, and when the blockade-runnera
failed, it had its native stores of lead and iron and its
foundries at Richmond. The Boers have neither access to the coast nor iron mills within their borders.
That they possess an unexpectedly large supply of
military stores, quietly accumulated in the last five
But each battle
or six years, is now well known.
every cannon
causes heavy inroad on these supplies
or rifle destroyed or captured is a loss that cannot be
tion of the Boers.
;
'
i
j
'
j
ammunition or artillery. It is the commands of Colonel Baden Powell in Mafekiog, at the
west of the South African Republic, of Cecil Rhodes
at Kimberley, two hundred miles to the south, and
of Sir George White at Ladysmith, far to the east on
the border of Natal, where the stores of artillery are
held, which are the true objective points.
These
very
little
;
1
December
THE CHRONICLE.
16, 1899.J
made good, and
to
this
process of
depletion there
must be some end.
1221
they so elect. The
ruling was handed down in October, and we referred to it very briefly in an item concerning the
Long Island Electric Kailway given in our issue of
October 7. But in view of its wide application the
freight as well as of passengers,
if
This grave disadvantage must of course have been
considered by the very shrewd and far-sighted leaders
So far as may reasonably be conjectat Pretoria.
On the lines
ured, they can have hoped to surmount this otherwise decision merits more extended notice.
a in Brooklyn express cars operated by one of the exfatal obstacle by one of three fortuitous results
At
rising of the Cape Dutch, which would threaten press companies have been run for some time.
and divert the first they were introduced rather cautiously, and parsupplies
the British base of
Now
British armies from the Boer frontier; foreign took largely of the nature of an experiment.
intervention, which would possibly have the same re- they are to be seen in all parts of the borough. Their
sult; or such destruction of the English forces as operations have also been extended into the contiguwould strengthen the hands of the peace party in ous country Queens County, etc. One of the lines
Great Britain, and force a settlement such as that of over which they are being operated is the Long Island
The question of the Boer element in Cape Electric, which has recently been consolidated with
1881.
Colony is still a more or less doubtful problem; perhaps the New York & North Shore. Aaron A. Degrauw
brought an action against the Long Island Electric
it is the problem which most of all harasses British
statesmen. But foreign intervention is a more utter Railway, the Brooklyn Heights RR. Co., and the
improbability now even than it was at the outbreak Brooklyn Queens County & Suburban, to restrain the
of the war, and nothing could prove more forcibly running of such express cars. After his death his widow
than the experience of the past six days that hu- continued the action. At special term judgment was
miliation and reverses, while doubtless silencing given sustaining the demurrer to the complaint.
the blatant jingo element at home, also bring This judgment the Appellate Division (Second Deinto sight the dogged Anglo-Saxon stubbornness and partment) has now affirmed, and in so doing has
determination which have their root in the resolution made an exhaustive investigation into the whole sub:
—
to
make good a shaken
national prestige.
The English
—
people are angry with their generals possibly more
They are outspoken
so than circumstances warrant.
in their criticism of the War Department for not hav-
ing been ready, and of the generals for marching
But the
blindly into one ambuscade after another.
response to each successive disaster has been that
the nation must stand firm, make ready for further
Bacrifices, and carry on the war to a finish.
final
RIGHT OF STREET RAILROADS TO TRANSPORT FREIGHT AND EXPRESS.
ject.
The opinion
Hatch and
justices
He
—
in
the case was prepared by Justice
by all the other
Cullen, Bartlett, Woodward and Goodrich,
his views are concurred in
said that the only question for the
consideration
Court was whether street surface railway companies, authorized by the general railroad law of the
State, can operate cars designed and intended exclusively
of the
for carrying express matter, freight, or property,
and
used exclusively for that purpose. He shows that the
language of the general railroad law of 1890 is so
broad as to leave no room for doubt that they can do so.
He does not, however, rest his contention solely on
The question whether street surface roads in cities that fact. He goes into a history of the legislation
and towns may engage in the transportation of freight on the subject for the last fifty years and also reviews
and express matter, or whether they are limited the judicial interpretations that have been made from
one of conwere drawn
So
long
as
the
cars
siderable importance.
by animal power, the question was of purely academic
There was little chance for the profitable
interest.
employment of conveyances of that description in
moving freight or bulky packages. But with the introduction of electricity as a form of motive power,
the situation changed. Here was a means of traction
that might be made as suitable for the movement of
As a matter of fact, in certain
freight as of persons.
parts of the country some of the roads began almost
immediately to extend their operations so as to embrace a portion of this other branch of the carrying
The first step was to put on mail cars.
business.
Then the experiment was tried of running express
Now one hears suggestions even of operating
cars.
strictly to the carrying of passengers, is
1
I
time to time. He says it cannot be doubted that the
Legislature has authority to charter a street surface
railroad company and grant the power to carry freight
exclusively or passengers exclusively, or to unite the
authority to carry both. He cites cases where in
special acts the Legislature has limited the right of
street railroad companies to the carriage of passengers only.
He shows that in other cases express authority has been given to carry both passengers and
freight.
The Brooklyn Heights Railroad Company was
created by the Act of 1884, which was the first general act relating exclusively to street surface roads.
The grant
law to go outside the ordinary functions of a passenger
road has become therefore a matter of much conse-
power in that Act was for "the conveyance of persons and property in cars for compensation.'' Justice Hatch points out that the acts authorizing the construction of railroads passed by the Legislature in 1848 and 1850, while not in terms mentioning street surface roads, were assumed to apply
thereto, and such companies were extensively incor-
quence.
porated thereunder.
cars for transporting ordinary freight.
of the legal right of a street railroad
The
question
under the general
The
question has been broadly decided in the afA recent
firmative as far as this State is concerned.
decision of the Appellate Division of the
Supreme
Court is authority for the statement that street surface roads in New York State have the right (except,
of course, where there is an express restriction by
charter or otherwise) to engage in the conveyance of
of
The language
of
those acts
provided for the carriage of passengers and freight,
and necessarily so, for the acts applied in terms to
commercial railroads. He quotes from a decision of
the Court of Appeals in 1889, delivered by Judge
Peckham, where it was said: **We have no hesitation
in saying that
under
the
corporations
Act
in
might be
legally
formed
[that
the
general
question
is,
THE CHRONICLE.
1222
law
railroad
of
1850]
transportation
the
for
of
passengers or freight, or both, over railroads in the
streets of cities where horses were to be the motive
power, excepting the city of New York." In the
Act of 1854 there was some change in the language
employed, but the language was general and nothing
contained therein indicated a fixed purpose to create
a general limitation.
In 1884, as already stated, the first general street
surface railroad law was passed, and here the language was as broad in terms and more specific in
character than was that in the acts of 1848 and 1860.
Under it companies might be formed ''for the purpose of constructing, maintaining and operating a
street surface railroad for public use in the conveyance of persons and property in cars for compensation.''
The General Act of 1886, Justice Hatch declares, made the grant in this respect still plainer,
as it provided " for the transportation of passengers,
mail or freight." This language was retained in the
[Vol. LXIX.
right of use by the street surface road is secondary
and subordinate. It has the paramount right of use
of its tracks, but not the exclusive use; and when the
right of the
public or an individual
member
of it
requires the use of the street for a proper purpose the
right of the railroad company must yield thereto,
even though the effect be, for the time, to stop the
operation of
its
cars thereon.
Cises are cited where
the courts have taken this position.
"We have at all
times been mindful of these conditions," says the
Court, "and when upholding the rights of the railroad in a given case, we have been careful to place a
limitation thereon, and have uniformly asserted that
whatever be the character of operation by the railroad, and whatever use it sought to make of the
street, such use is subject to the authority of the pjb-
and the public authority may whenever
necessary for the preservation of the street for street
purposes, regulate and restrain the use thereof by
lic
therein,
the railroad."
A few words seem desirable with reference to the
amendment passed in the same year and in the subposition
of the roads in Manhattan Borough, or what
sequent amendment of 1889, and so remained until
the revision of the railroad law in 1890. The Long was formerly the old city of New York. It will have
Island Electric Kailway and the Brooklyn Queens been noticed from one of the quotations which we
County & Suburban were both organized under this have given above that the former city of New York is
law of 1890. It grants authority "to convey passen- referred to as being excepted from the application of
The reference is to the fact that by
gers and property in cars for compensation." In the law of 1850.
interpreting the significance of this grant of power Chapter 10 of the Laws of 1860 it was made unlawful
one must consider, Justice Hatch points out, the fact to thereafter lay, construct or operate a railroad in New
that the Revision Commission had before it all the York City, except under the authority of the Legisrailroad legislation
of the
Since the passage
and lature to be thereafter granted.
this
Act
of
New
York
City
has
stood in a class by
be presumed to
State, both
special
The Commission must also
have known of the decisions of the courts interpretThat interpretation, made by the
ing these laws.
general.
On
itself.
new
the
other
the
law
hand,
the
provisions
of
1890 are exceedingly broad.
" The provisions
this law reads
of
highest court of the State, had construed the words Section 90 of
giving authority to carry passengers and freight or of this article [the article relating to street railways]
property as imputing a grant to transport passengers shall apply to every corporation which, under the proThis being the condition of visions thereof, or of any other law, has constructed
or freight, or both.
legislation and interpretation, the revisers must be or shall construct or operate, or has been or shall be
considered as having intentionally made use of the organized to construct or operate, a street surface
:
railroad or any extension or extensions,
branch or
branches
thereof,
for
public
use
in
the
conveyance of
to meet the objection
persons
and
property
for
compensation,"
etc.
The
that such a construction of the statute must in its
ultimate effects be detrimental to public interests. He question seems pertinent, therefore, whether the scope
dwells upon the limitations that exist on the exercise of of the law as it now exists is not such as to bring the
the right to use the streets which make it unlikely street railways of Manhattan Borough, whatever their
It special limitations or restrictions, within the same
that the train of evils anticipated will ensue.
can never happen, he thinks, that the right of use category as the street railways in other parts of the
game terms.
Justice Hatch undertakes
conferred by the franchise granted street surface State.
railroads will result in the operation of long trains
for the transportation of either passengers or prop-
Commercial railroads do not furnish a parallel
The latter are constructed upon the property
case.
of the corporation over which (except for purposes of
crossing and otherwise in a very limited way) the
general public do not travel and have thereon no
right.
This requirement makes feasible the hauling
of long consolidated trains which may be operated for
erty.
the reason that all else is excluded except such operation.
The grant of power to these corporations was
conditioned upon the creation of such surroundings
would enable them to so operate without detriment
to the public and without interfering or trespassing
as
upon
No
its rights.
such conditions. Justice
round a
street
surface railroad.
street by
of
the
street
the
public
The
asserts,
use
sur-
of the
subordinate to the right
The right of use of the
and primary; the
is
first
the railroad is
public therein.
by
Hatch
AMERICAN BELL TELEPHONE AND
PROPOSED COMPETITION.
[Article Fourth.]
The long-expected announcement regarding the
proposed transfer of the assets of the American Bell
Telephone Co. to the long-distance company (the
American Telephone & Telegraph Co.) was finally
made on December 2d through a brief statement to
The full plan will probably be issued in a
the press.
few days. The one fact of importance now known is
that the shares of the Bell are to be exchanged for
the shares of the other company on the basis of two of
the new for one of the old. The understanding is also
that a large loan at 4 per cent interest is to be authorized to provide for the future requirements of the
system in the way of extensions, etc.
The exchange of stock will do away with the old
"paper" company, as the Bell Company has been
called,
and
will transfer
the domicile of the enterprise
December
THE CHRONICLE
16, 18t)9.1
1228
New York State. As is well known, the Bell man- headquarters, and where it proposes to establish an.
agement took exception to the requirement of the exchange probably by allying itself more or les&
Massachusetts Lpgislature that new issues of capital closely with some of the local opposition companies
stock should be sold at auction instead of offered at which have for some time past been seeking a footpar to stockholders; and, though not the main reason hold. The new company claims to have its thirty
for making the change, this was undoubtedly one of millions of capital stock all subscribed, and to possess
the inducements for undertaking the re- capitalization sufficient means to buy up and develop and connect
to
—
telephone properties throughout the country. The
trol of the local Bell companies, in so far as possessed names published in connection with the enterprise
by the parent company, in the hands of an operating support the belief that the men who are identified
company, itself the owner of more than 10,000 miles with the management of the New York and Philaof pole line and cable and of about 125,000 miles of delphia street railways are also interested in the new
long-distance telephone wires, these uniting most of project, and that therein may be found a partial exthe local systems, and presently to connect them all. planation for the construction of subways by the MetIf the opinion of those well informed regarding tele- ropolitan Street Railway Company of this city along
in its present form.
The
transfer also places the con-
phone matters is of value, the transaction now an- the route of its underground trolley roads. The
nounced will yet prove, as suggested in an earlier People's Company has only within two or three weeks
article, the precursor of a gradually widening consoli- received permission to lay cables in this city, but
dation, to be effected within the next few years with
unless plans miscarry
it
seems likely that the tearing
many, if not all, of the local organizations operating up of streets for the accommodation of the new teleunder the Bell patents. Indeed, there are not want- phone system will begin in earnest before very long.
ing those who believe that the logical sequence of The company in Boston has some conduits already
events will bring to a greater or less extent the tele- laid, but as city ordinances forbid opening the streets
phone and telegraph interests of the country under a there between December first and March fifteenth it
management, an event that would permit a
rapid extension of telephone facilities at a minimum
single
of cost.
be a number of weeks before installation at that
center can be actively pushed.
The present status, therefore, of the first-named enwill
Since we began this series of articles, plans long terprise appears to be this: It has made an arrangecrystallizing have taken definite shape for the entrance ment to supply funds to the Boston company for the
into the telephone field of important interests inde- prosecution of its work of installation, but this ar-
pendent of the Bell Company. Local companies of rangement is presumably conditional on the success
this kind have become quite numerous within the of its general plan, including, perhaps, the obtaining
past three or four years, but for the most part tliey of the right to operate in Connecticut, where the
have been confined to pretty well-defined districts, local service being good and cheap, a law has been
being chiefly small concerns located in places not passed to make the erection of further telephone
served, or at least poorly served, by the Bell Com- wires dependent on a decision of the Superior Court
pany.
Except in two or three States few of these to the effect that public convenience requires them.
local organizations have had their exchanges united The new company has also, it is thought, made some,
with one another by long-distance lines.
Several sort of a contract with the People's Company of this
large companies, however, have now been organized city, but the latter has apparently retained a hold on
for the avowed object of operating long-distance as its rights, so that they may be availed of independwell as local lines in opposition to the Bell system. ently if the other project comes to nought.
The ConThe exact effect of this turn of affairs, not only upon tinental Company and one or two other subsidiary
the companies most closely concerned but upon the corporations have been formed to aid in carrying out
welfare of the public, is a matter of considerable the new company's designs, and negotiations have
interest.
been entered into with some other large independent
In the following table we group the principal of interests, but whether the last have agreed to any-
new
thing more definite than an operating arrangement
ized issue of stock and the date of its incorporation, for interchange of businesB seems doubtful.
Two or
and also in smaller type, following the name of the com- three small companies also have been acquired in the
pany, the local companies, chiefly projected enter- northern suburbs of New York. The independent
prises, which, it is understood, are to be merged or company in Newark, N. J., it is understood, has, howin some way controlled, as part of its system.
ever, passed into the possession of the Bell people.
The second centre of activity is in Baltimore,
LARGE INDEPENDENT COMPANIES BECENTLT OBOANIZED.
these
opposition companies, each with
its
author-
where the interests that have acquired control of all
the street railways and electric-light companies of
$30,000,000
6,000,000 ,e rm Ann
that city have bought the plant of the former unfor»s.co?,ooo
lolooo
People's Telephone Co. of N. Y. City
Oct., 1898
6,000,000
tunate Home Telephone Company, with 1,200 teleContinental Telephone Teleg. & Cable.... Nov.. 1899
25,000,000
phones in use, and are proceeding to establish a large
N. T. & Philadelphia Teleph. Teleg. & CNov. 29, 1899
100,000
United Telep. & Teleg. Co., Balt., Etc. Nov. 8, 1899
5,rco.oco
exchange. The same interests are identified with the
Maryland Telephone & Telegraph Co
Feb. 7, 1899
1,250,000
1,260/00
Pittsburg & Allegheny Telephone Co.... July, 1898
1,500.000
1,600,000
street railway and electric- lighting business in PittsWashington Telephone & Telegraph Co. Nov., 1899
1,500,000
install a telephone plant of
Delmarvia Telephone Co. of Delaware
KO.OOO burg, and they expect to
160,000
Federal Telep. Co. OP Cleveland, KTC.Oct. 13, 1899 10,000,000
some size in that city, connecting it with the one in
Cuyahoga Telegraph & Telephone
Sept., 1898
3,000,000
8,500,000
Baltimore, with a projected one in Washington, and
United States Telephone Co
1898
6,000,000
Columbus (O.) Citizens' Telephone Co.
1899
(?)
with
the plant now in operation and recently purIllinois Telephone & Telegraph Co. June, 1898
5,000,000
(?)
Mississippi Valley Telephone Co
1897
1,000,000
chased by them in Delaware.
As here indicated there are five centres in which
The third region of operation is in and around
the new opposition is showing itself. The first is in Cleveland. Here again the capitalists interested inthis city, where the first named company has spacious clude some that have been prominent in street railway
Date of
Name of Company.
Incoj-poration.
TelephoneTelegraph&CablkCo
Nor. 9, 1899
N. T. & Boston Teleg. & Telephone Co. ..Apr. 84, 1899
Massachusetts Telephone & Teleg. Co
Nov., 898
3
.
.
.
,
Authorized
Bonds.
Stock.
)
I
THE CHRONICLE.
1224
enterprises, but in this case they have for some time
past been engaged in constructing their telephone
They not long ago
obtained rights in Columbus and they have made a
move to get into other cities. The stock of the Fedin
eral Company is described as all paid up, nearly all
*^ property,'' which is supposed to "mean that the new
plant and in getting franchises.
tinctness.
[Vol, LXIX.
Previously,
when noteworthy improvement
was disclosed, it could be referred, in part at least, to
an increase in the grain movement or the cotton movement, or of both combined. Bat the present season
the movements of these great staples have been undergoing marked contraction. And yet the expansion in
the revenues of our transportation lines is proceeding
the same as before and in a hardly smaller ratio. The
diminished crop shipments is seen only
companies which the same interests have been work- effects of the
the case of a few special roads, where the crops at
ing to establish. The Cleveland exchange is expected in
of
this time of the year form an unusually large part
to be in operation by or soon after January 1st.
traffic, and where the shrinkage in
The fourth company scarcely belongs in the same the total freight
grain or the cotton movement has been exceptioncategory as the others, because at present its attention the
than
Chicago. ally heavy. Could there be any better proof
is confined almost exclusively to one city—
such evidence of continued progress affords of the inIt announces its intention to open its exchange
activity in swelling the revenues
some thousands of telephones early in the new year, fluence of industrial
company has taken
control of the older telephone
of
subways already under construction. Soon of the carriers ?
Stated in brief, the gain over last year on the 103,after it expects to be equipped to supnly 50,000 teleroad for which we have secured returns
phones, but there is, nevertheless, some doubt ex- 063 miles of
only a little less than six million dollars. In
pressed in Chicago whether the promises will be ful- reaches
the gain is $5,923,048. This is 10-48 per
In the meantime the local Bell Company is exact figures
filled.
shall analyze the grain and cotton movespending money ireely in extensions and improve- cent. We
below, but will say here that
The Mississippi Valley Company hails in ments more at length
ments.
improvement in the revenues of the roads has
the first instance Irom Keokuk, Iowa, but it has this
made in face of a falling off of seven hundred
been extending its scope of operations and is now in- been
thousand bales in the receipts of cotton at the Southstalling telephone plants in Minneapolis and St. Paul.
outports and a decrease of over 23 million bushels
Mr. Hubinger, the President, informs us that in the ern
deliveries of grain at the Western primary
aggregate his people have secured about 7,000 sub- in the
speak of the smaller live-stock delivIn Minneapolis they are said to have 1,500 markets, not to
scribers.
same part of the country. Another cirand in St. Paul 1,600 subscribers. They intend to eries in the
should not be overlooked: we are comparbegin business in these cities about the first of the cumstance
having
its
ing with decidedly large earnings a year ago, making
addition the present year doubly noteThese new enterprises, when viewed in connection the further
Last year our tables, covering a somewhat
with the independent exchanges already in operation worthy.
the
smaller mileage, showed a gain of $2,187,476;
in St. Louis, Detroit, New Orleans, Grand Rapids,
the increase for the same month was of
Richmond, Atlanta, and many smaller places, cer- year before
The
extraordinary proportions, reaching $8,981,448.
tainly introduce new factors enough to make the telethe present year comes on top of
phone situation interesting. It is fortunate that they gain of $5,923,048
The following summary
previous increases.
have appeared at a time of business activity, when it these
the comparisons back for a series of
seems as if the demand for telephone service could will carry
scarcely be satisfied. Many friends of the Bell system years.
year.
deplore the policy of high rates and uncompromising
treatment which the Bell companies in the past have
so generally pursued, but even the latter it would appear have recognized their mistake, and the gain of
November.
comparatively few months
1806 (124 roads)
1896 (127 roads)
in the number of Bell telephones in use, as indicated
by the official reports, shows that the public will respond to more reasonable treatment and lower rates.
The Bell system, moreover, represents, it is claimed,
an actual cash investment to date of upwards of 120
1807 (131 roads)
1898 (119 roads)
1890 '122 roads)
60
per
cent
within
a
millions, while extensions
and improvements are con-
duplication, therefore, can
scarcely be thought of as the work of a few weeks or
stantly in progress
;
its
months.
At
a later day
we
shall give various facts of interest
respecting the independent plants
in actual opera-
tion.
RAILROAD GROSS EARNINGS FOR
NO VEMBER.
There
is
no new feature
gross earnings.
favorable.
The
The statement
for
continue
Jan.
1
to
Nov.
Tear
Tear
Tear
Given.
Preceding.
Oiven.
MUes.
Miles
99,000
93,872
100,067
04,094
10 ),6t6
90,2*52
II•Uirtate
or
Tear
Preceding.
D ecreaie.
t
$
$
49.040,412 46,080,039 Inc. 2.969,503
41,009,043 45,652,215 Dec. 4,563.172
52,182,677 43,201,12) Inc. 8.981,448
40.084.680 47,797.184 Inc. 2.187,476
62,4=0.998 56,627.960 Inc. 5,923.048
93,621
103,083
02,480
101,290
98,650
92.787
89,404
93.B21
08.483
92.4*-9
455,061,367 483,4P8.009 Inc, 21,673.868
430,969.499 43 ',613,382 Inc. 8.356.187
484.009,170 453,154,948 Inc. 80.864.282
488,819,905 447.3n5.617 Inc. 80,464.878
101,246
99.504
688,fl03.31& 536,564.959 Inc. 52,038,356
30.
1896.121 roads)....
1896 ;121 roads)
1897 .124 roads)
1898 (119 roads)
1890 (115 roads)
With the general
92.0 5
98,032
[result so favorable,
many
of the
separate roads are no less distinguished for excepNotwithstanding the shrinkage
tional improvement.
already referred to in the traffic of the principal
the
staples, there are only 18 roads altogether, out of
in
behind
122 contributing returns, which have fallen
any way, and in only three cases does the decrease
amount to or exceed thirty thousand dollars. These
three roads are
the Texas
&
Pacific, the
Central of
Louis Southwestern, and mention
conremarkably of their names makes it at once evident that the
diminished
that traction in their revenues follows from the
in the returns of railroad
results
Earnings.
Mileage.
November,
Georgia and the
St.
like
which the present year is a short
gains for large amounts
The activity of trade and the prominent part played crop. On the other hand the
roads are exceedingly numerous.
by that circumstance in advancing the fortunes of the by the separate
the losses and gains.
carrying interest are here reflected with unusual dis- Here is a full list of
for October, brings out this fact in a striking way.
movement
of cotton,
December
THE CHRONICLE.
1899.]
16,
PRINCIPAL CHANGES IN
OROSS
Increaftes.
Paul
$522,5 37
N.Y. Central
619,748
Oanadlan Paciflo
41«,503
Loulsv ille & ^f ashvllle
S47,221
Soutliern Railway
271,653
Missouri Paclllc
250,092
Cleve.Cin.Ctilc.& St.L.
242.281
Grand Trunk System.
236,913
Gt. Northern System.
226,276
Wabash
198.007
Illinois Central
195,840
Mexican Central
190.906
Norfolk & Western
164,39^
Mobile* Ohio
140,691
Northern Pacific
117,980
Rio Grande Western..
101,100
Hocking Valley
9^.060
Kan. C. Ft. So. & Mem.
90,110
Chesapeake A Ohio...
8«,128
Duluth So. 8h. & Atl.
84.893
Chic. ladpls & Louisv.
82,748
Denver & Rio Grande.
7>,300
Colorado Midland....
62,930
Buflfalo Roch. & Pitts.
62.904
Lake Erie & West
62,006
Wisconsin Central
61,686
& St.
Ohio. Mil.
.
EAKNING8
IN
NOVEJTIBER.
Inereases.
N. Y. Ont. & Western..
Chic. Great Western..
Pitts. Bess. & L. Erie.
Mo. Kans. & Texas...
Yazoo & Miss. Valley.
Alabama &Gt. South.
Peoria & Eastern
Interoceanic
Minn. & St. Louis
Minn. St P. & 8 8te M.
Ala. N.O. AT. P.Sjs..
OhloR'ver.
Louisv. Ev.& St. L....
West N. Y. & Penn. ...
Mexican National
is
/lour,
Corn,
(bbU.)
Ibuth.)
Uaif,
Ba,r\t\,
693,800
949.850
8.835,250
8,822.600
1,209 600
1,831,701
i7v«,
"eoria—
$59,980
55.021
53,475
42.196
38.870
38,282
37.211
35,300
35.261
34,537
34.373
33,571
32,782
31,638
30,868
Total (representing
47 roads)
$5,501,972
wks. Nov., 1899
68,800
40,700
wks. Nov., 1898
62 100
62.400
Since Jan.l. 1899
489,950
441,100
Since Jan.l, 1898
431,400
60? ,450
•ntuth—
6''3,2''6
6 wks. Nov., 1899
8,863,256
6 wks. Nov., 1898
567,360 18,596,181
Since J an.l. 1899 4,470,750 62.529,»i77
Since Jan.l, 1898 3,870,990 58,321.421
5
1,592.650
1,999,400
16,864.90<
f'
10,344,600
65,739
192,002
14,100
7,112,83P
3,038,818
3,017,454
3,651,034
65,32>-
291,100
398,200
15,600
16.800
112,600
125,300
117.317
2f 4.785
1.201,205
2,220,608
1.020.137
1,102,796
3.145,74,'^
2,758.4l'
Mini eavolii—
6 wks. Nov., 1899
23,204
191,887
168,072
311,680
5 wks. Nov., 1808
Since Jan.l, ISOC
Since Jan.l, 1898
368,790
350.770
12,569,690
14, 80?, 560
81,398,f8«
64,483,010
88.618
618,280
7,201,00(1
911,191
1.158,76'
10,350,988
865,60''
2,917,068
0,183,436
41,28(
24.818
33,880
J
Kantas Gitv—
5 wks. Nov.. 1899
6 wks. Nov., 1898
1,029,800
3.7^2,000
19,019,160
22,514,000
Since Jan.l, 1899
Since Jan.1, 1898
1.088.000
992.000
7,843.000
10,103,800
212,00<
233,000
2.313,00(1
3,226,000
lotal nf all-
Ifecreases.
Texas &
Central of Georgia
St. Louis Southwest.
.
Total (representing
3 roads)
At Chicago we have the
$142,038
the Lake vessels for carrying iron ore.
a fact, however, that the
Wks. Nov., 1899 1,930,020 29,636.117 18,3*1.814 14,167,589 8,110.992
752.674
6wks.Nov.,189.S 2,02^,134 49,292.331 20.030.821 14,719.304 7.160.2W6 1.429.861
Since Jan.l, 1890 15.420.078 223,307.972 217,7.39.010 ie4a72304 32.283.990 7,103,169
Since Jan.1, 188y 113.032,162 222.6£e,C47 1:03.432,821 155449746 33.3t7,873 9,521.32a
5
$58,749
44,689
38,600
Pacific
Dealing now with the crop movements in detail,
the loss in wheat alone, as compared with the heavy
shipments of a year ago, is found to be nearly 20 million bushels.
The decrease extends to Isoth the
spring-wheat and the winter-wheat markets (there
being indeed only one primary market that forms an
exception to the rule), but is especially pronounced
in the spring-wheat districts.
In the latter, Duluth
has suffered most, its receipts of the cereal for the
five weeks ending December 2, the preeent year,
having been only 8,863,256 bushels, against 18,596,081 bushels in the corresponding five weeks in 1898.
We may assume that the decrease is not entirely
owing to a less brilliant harvest in 1899 than was the case
in 1898, but is in part attributable to the demands
made upon
1225
It
other receiving points
record losses only smaller in degree. Thus at Minneapolis the receipts in the five weeks were 12,569,090
bushels, against 14,607,560 bushels in 1898; at Chi-
cago 4,014,214 bushels, against 5,651,139 bushels; at
Milwaukee 1,423,010 bushels, against 2,169,900 bushels; at St. Louis 687,110 bushels, against 2,663,258
bushels; at Toledo 329,612 bushels, against 1,107,206
bushels, &c., &e.
At the same time there was also
a considerable contraction in the shipments of corn,
month,
figures for the even
showing the same general results. The following is
the statement, which also gives particulars regarding
It will be
the live stock and provisions movements.
observed that the deliveries of live hogs amounted to
only 806,946 head in November 1899 against 959,129
head in November 1898, to which we may add the
further fact that the receipts of
kinds of live
all
stock at Chicago comprised 24,412 car loads in
Novem-
ber 1899 against 24,678 car loads in 1898 and 25,524
car loads in 1897.
SECEIPT8 AT CBIOAOO DUBINO NOVE.AIBEE AND SINCE JANTJART
Since January
Hovembtr.
1899.
1898.
1897.
4,107,910 28,419,344
6,753,746
8,976,530
7,464,946 127,111.030
7,147,291
8,399,956
0,038,396 103,763,848
182,541
796,300
479,710
2,633,798
2,25)9,595
2,662,827
3,148.43e
13,827,315
10,803,463
26,932,238
583,346
Pork....bbl8
533,848
351
Ootm'ts.lbs
14,625,280
3,c90.ii90
Oom...bn8li
Oata busn
Bye., .busb
Barley.bash
. .
Total gral]
noar..bbls.
Lard
lbs
9
18,313.616
2,810,587
969,120
3,191,215
Lt'ehoKsN
806,046
With reference
ern outports
1897.
31.158,665
21,22«,234
117.687.705 109.e67,340
00,2*8,186 106,782,830
4,088.700
2,892,268
15,557,275 16,476,143
26,226,387 275,755,3 5 297,660,430
281,310
299
1.
1888.
1899.
5.086,625
1fbeat.Dasii
1.
:
56,043,824
5,057.487
4,175,592
2,514,015
1,472
2,916
2,218
17,751,029 179,838,418 204,758,715 150.087,797
2,723,5 IP
817,547
69,06r,35« 48,822,437
P,758.026
7.490.249
67,905,460
7.010.745
to cotton, the receipts at the South-
were
only 1,057,083 bales in 1899,
1898 and 1,705,491 bales
against 1,747,822 bales in
The Atlantic ports suffered hardly less than
the Gulf ports. At Savannah, for instance, the rein 1897.
ceipts were but 172,919 bales, against 250,654 bales
which foot up only 16,341,814 bushels for the five
and 240,381 bales, respectively, in 1898 and 1897, and
weeks of 1899, against 20,030,821 bushels in 1898,
at Charleston 39,823 bales, against 100,190 and 110,and a loss besides in oats and rye. Combining wheat,
533 bales.
At Galveston only 382,021 bales came in,
corn, oats, barley and rye, the deliveries aggregate
against 494,199 bales and 461,882 bales, and at New
only 69,009,186 bushels this year, against 92,632,61-^
Orleans 275,981 bales, against 442,144 and 526,577
bushels in the five weeks of last year. We annex the
In the case of the shipments overland the fallhas been comparatively small, the gross movement this year being 337,112 bales, against 348,898
bales.
usual table.
ing
BBOBIPTS OF FLODB AND OBAIN FOB FIVE
AND SINCE JANUARY
WBBK8 BNDING
DEC. 2
off
bales last year.
1.
Flour,
Wheat,
Com,
OaU,
BarUy,
Rve.
ibblt.)
(.bu.h.y
(btMh.)
itnuh.)
Cbuah.)
(bush.)
4,0U,2I4
8,133,050
BB0EIPT8 OF COTTON AT 80DTHEBN POBT8 IN NOVEMBEB AND FROll
JANUARY 1 TO NOVEMBER 30, IN 1899, 1898 AND 1897.
LMcnoo—
5 wks. Nov.. 18P9
6 wks. Nov.,lSP8
Since Jan.l, 1899
blnoe Jan.l. 18»;-
Milwaukee —
6 wks. Nov., 1899
5 wks. Nov., 1898
Since J an. 1,1899
Since Jan.l, 1898
at.
660,981
6''6,7&i
5,107,678
4,283.8^^
862.455
3H8,60-
8,357,^921 2,693.095
5.e51,l3l' l".t08,36'-' 9,=>69,6i<7! 2,925,31*'
28,694,34rt 127,517,134 1042rt >7 08 1<,957,65(
1
81,548,239 117,351.065 100120112 16,768,040
3.0t.=>.n06
1.423,010
2,169,900
10.13l,3e3
2,523.666
10,266,66:;
171,685
687.110
2.682,25b
156,400 l,579,20r 2,675 000
73n,Oio 2,112.930
412,760
6,723,840 12.814,10' i0,-62,17l
6,507,750 10,3U8,00{ 10,644,4j0
221,951
79),«58
2,648,3 7
4,062,668
204,700
224 400
1,673.161
1,648,8^0
Loui$~
6 wks. Nov., 1899
6 wks. Nov., 1898
Since Jan.l, 1899
Since Jan.l ,1898
1,380,02
1,261,278
9,637,104
12.927,336
Tnleitn6 wks. Nov. ,1899
5(1,190
329,812
6 wks. Nov. ,1898
_
_
Since Jan.l, 1899
Since Jan.1, 1898
613,398
45,160
Detrnit6 wks. Nov.,
wks.
6
Nov.,
Since Jan.l.
Since Jan.l,
1899
1898
1809
1898
141.»<5
e.2'4
1.107.20(1
14,'il4,92f
14,924,023
1,874805
1,0P8,3H
3,18i,5-'0 1,0S7.510
21,681,035 11,421.235
81,685,67( 9,636,910
1,771.931
1,385,251
13.988,71b
11,303,14;
633,750
480.750
1.218.78.=
1,861,414
206.00(
153.14
136,901
8.3«l.:-84
943,90C
2,433,671
17,200
33 05^
730.387
844,415
1899.
Salveston
Texas
City,
uaie»
&o
Hew Orleans
Mobile
norida
Savannah
Bmna wick, &o
Oharleston
Port Royal, &o
241,b3;*
5.8S5
68.998
412,733
239.194
3 569.646
2.841.57-
338.106
571.2)6
2,736,691
3,503,804
308,730
192.680
l,28i.251
1,532,083
42
78('
140,802
189,739
804,305;
9''9.343!
620,765
613.3 •!«
ei!4,364
7,lH2 3^8
8.891911
6,609.904
f.3.34.fi70
382,021
8,046
275,681
36,759
13,798
172,819
6.072
39 823
472
WUminirton
Washington, &o
44,866
172
Mortolk
74,857
Newport News, Ac
265,962
4U.59/<
3,284,09
4,211,428
11.60
SH.eoo
191.265
Olevtiinii
B wks. Nov., 1899
5 wks. Nov., 18V'8
Since Jan.l. 189^
Since Jan.l. 1898
69,0-3
49,751
421,171
624,604
Since January
.November.
1,297
1898.
494,199
24,042
442.144
61,402
51.838
260,854
68,094
100.190
6.630
75,740
1897.
1880.
1898.
1807.
461,e82 I,5t8,966 1,861 ,0051 ,390,717
18 59.
41,713
:6 ,363,
70.381
528,57'; 1.621,6(2 2,109, ,4621 .•"61,618
62,C4)
161,239
279 842 230.095
26,560 163,606
152 ,315
84.408
240.3*'
787,065 085,.8P1 870,331
46,53!-
110,6?3
7,39:i
64,250
118,685
203,427
4.804
193,535
266..0.2
152 r43
863,,620
37 2,803
46,.lOH
61,749
241,187
271.,7H-
405
115
768
1,,278
830
163,439
8,146
140,56.='
3(0,852
20,781
479 62?
482,120
16,193
2,066
29,,316
20.315
6.i,e03
284.660
563,231
Total....
We
1.057,083 1,747.^?2 J.705,491 5,269,023 6,9:0,536,6,829,:c4
annex a six-year comparison of the earnings ef
Some striking
gain
will
and continuous records of
be noticed.
the leading roads, arranged in groups.
1,000
1.
Port$.
THE CHRONICLE.
122«
BABKINOS OF TRUKK LINES.
495,<'21
1,019,841
1,202,631
114,894
168.972
1,112,509
249,545
1,621,760
249,253
88,840
76,352
1 1,263
4,275,746
3,925.076
3,840,712
4,133.195
1
528,714
1.202.729
141.496
1,649,067
227,582
83.399
3,704,688
1,218,450
1,061,233
906,842
1.068.653
1,028,374
600,700
1,249,601
167,292
D.G.H.&M
N.T.C.&H+
Wabash....
2,426,992
$
1,832,636
2,190,079
4,796,4(3
1,410,467
1894.
1895.
*
656.274
f
>
GROSS EARNINGS AND MILEAGE IN NOVEMBER.
1896.
$
634,763
1,209,479
148,448
$
$
009,386
1,491,8^2
204.503
B.&O.S.W.
C.C.C.AStL
Peo.&Bast
G.T.of Can.
Ch. & G.T.
1897
1898.
1899.
ifovember.
2S3,90fe
8,662,018
in.0W,7l2
9.085.656
Total ....
9,6''6,«fl7
9,049.727
8,314.816
t Includes alter 1897 the Beech Creek RR. and after 1898 the Fall Brook
1
rstem.
BAKHINOS OF UIDDLB AMD MIDDLB WBSTBRN BOAD8.
November.
1899
1898,
1897.
1
131.641
t
119.645
403.614
43^.382
S
119,579
340.710
407.996
363.S9I1
270.548
al 85,830
a 156,904
al22.786
138.296
Valley...
al29,042
143.966
120.12f
290,891
376.824
Illinois Central t..
2.769.58e
Ann Arbor
Buff.Roch.A Pitt
ChlcaKO & East 111.
Chlc.Ind.& Loulsv.
Chlc.A West Mich.
Det.G.Rap.&West.
KlRin Jol. & East..
ransT.iTerre H,
rUnt4P. Marq....
Hocking
Lake Erie & West
Long Island
346.214
Loa.Bysns.& St.L.
N. Y. Ont. 4 West.
Plttsb'K & West'n
Tol. & Ohio Cent.
Tol. Peo. & West.
To4. St.
L..
&K.C.
West. N.T. & Pa..
Wheel. & L. Erie.
Clev. Canton & So.
Total.
319.143
167,840
411,114
291,642
106,564
322.100
418.408
280,743
147.826
120,173
101.310
91.886
275,464
281,764
247,229
293,615
8,563,749
284,809
2.663.709
318,973
135,068
851,134
306.516
136.730
348,247
280.028
288.869
186.644
87,806
175.000
189,171
277,113
t-6.87f'
79.191
177.207
327.100
186,548
295.462
161,590
136.634
67,522
63.844
199.160
317.892
146,473
68.138
7,874.291
7.090.408
7.066.149
Includes the operations of the
1896.
1896.
1804.
$
90,486
300,619
378.094
~
273.576
I
98,248
264,614
346.371
269,738
129.261!
139.047
136.171
93,433
04,481
89.403
124.141
102.670
203,654
284,768
97.299
91.883
102.332
193.271
228,414
2,167.388
1.062,871
307.157
292,611
277.268
t
96.880
301.898
331,483
226,167
81,985
l«<8,2i6!
253,961
l,869,58f
242,646
275,666
116,964
337,790
227,332
166,010
278.098
136,772
849,275
241,526
179.308
87.892
166,3*8
314,053
128,066
64,090
66.109
212,187
251.375
92.101
56,164
111.629
316.883
244,634
166,692
79.289
186,670
288,026
118.108
86.728
St.
Louis Alton
5,710.063 "eisos.iia 5.9(9.140
& Terre Haute
BABNINOS OF MOBTHWBSTBRH AMD NORTH PACIFIC GROUP.
November.
Barl.Oed.R.& No.
Canadian Pacific.
1899.
1898,
t
S
Ohio. at. West....
441.290
2.941,000
531.972
Chlo.Mll.&8t.P..
4.022.684
DuluthS.S.iAtl.
Great Northern..
Iowa Central
Minn.* St. Louis.
M.St. P.&S.S.M.
423.809
2.624,497
476.951
3,500.447
132.996
2.719.f0»
184,605
222.6f5
482.571
217,889
2.946.185
191.707
257.926
617.108
Nortfcern Pacific. 3.021.684 •2.903.701
8t. Jos. & Qr. Isl
110,8f=6
1IO.620
Bt.PaulADulutb
201289
205,950
Wisconsin Cent'l.
480.347
398.661
.
1897.
1896.
«
427.374
*
383,727
2.640.451
1.864,68)
474,147
319.848
1896.
1894.
$
601,663
2,129.025
391,745
3,416.689
«
346,105
164,60]
1.963,364
163,416
146,462
196,I9<'
4f 5.746
126,019
170,194
297,692
436,3^6
2.6(0.483
1,682,395
2,198,014
113,758
189.060
4C 8.395
69,690
65,917
174,190
172.475
287,629
1.856,703
66.863
160.635
848,370
167,841
162.418
331,066
356,672
Alabama Gt.Bouth'n.
Total
16.866.628 14.282.724 13.443,613 10.313,829 12,489,361 10.218,815
Includes proprietary lines in these years.
SARMINOB OF SOUTHERN GROUP.
1800.
Alabama
Gt. So
Cent, of Georgia.
Oheaap.a unio...
Cln.N.O.ATei.P.
Georgia
Kan.C.Mem.ikBir.
LoalsT. & NashT.
1898.
«
t
108,125
159,8(3
576,683
440,096
140.813
al46,517
621.362
1.020,123
419.672
161,840
al40.608
2.448,225
2,099,004
1.106,V51
1807.
1896.
1806.
1894.
<
154.280
t
190.433
619.476
876.036
618.637
280.248
162.337
120.442
121.430
1,841,660 1.741.812
354.830
395,749
403,769
468,451
903,': 39
909.956
847.750
1
170,896
541.898
796.901
819.000
157 '*16
136.27C
109.258
1.878.59C
1.796.020
372.966
491.702
832,014
953.100
916,270
1.684,179
1.870,364
134,856
i60,oee
1.772.416
140.501
$
177,215
604.278
1.007.605
335.482
167 e07
Mobile* Ohio...
431,309
625.697
Na8h.Chat,4. 8t.L.
506,332
Norfolk & West.b l.U3,157 t918,768
Southern Ry... i c2,794,5d7
c2.622.904 2.019,707
Memphis DlT. S
+572.000
869.63':
160
32'<
409,318
Total
10,069,1(11 9,031.245
8,049,120 7.336.009 7.959.846 7,461.308
b Including Scioto Valley & New England and Shenandoah Valley for all the
years.
c Results on South Carolina & Oeor^ia, Mobile & Birmingham. Atlantic &
Danville, and 161 miles of Atlantic & Yadki'. are Included for 1899 and 1898.
but not for the previous years
t Flgurex ar>- approximatt* same as for 1899; actual earnings were larger.
t Includes Montgomery Division for 1899 only.
BARNIMOS OF SOUTHWESTERN OROUF.
November.
1809.
1898.
1897.
1806.
1896.
1894.
t
224.052
S
161.122
140.284
169,318
$
168,128
t
131.854
Uen.&RloQr
Ft.W. 4D.C.
909.9UI
706,664
652 113
462.566
a484.836
808.166
178,752
420,143
466,168
609,760
[nt.4Gt.No..
K.0.F.8.4M..
Mo. K. 4 Tex
Mo.P.4Ir.Mt.
R. Gr. West
831.600
182.57?
481.920
a304.72e
I,30J.506
1.261.310
1.414.306
2.876,000
2,624,906
398.;i76
287,275
670,113
598,3C0
896.960
66t!,696
8,976,869
8.483,761
Col. Midland
8t. L.
186.772
&S.Fr.
at.L. Southw.
Texas 4 Pao
Total
j_
t
»
& No. East.
N, on.
Ala. & Vickab
Vloksb. Shr.&Pac.
Ann Arbor
Baltimore & Ohio
Balt.A Ohio Southw.
Batf. Rooh. & Pittsb.
Burl. Ced. R. ANo...
Canadian Paolflo
Central of Georgia..
Chattan. Southern...
ChesapeaKe & Ohio..
Ohio.
&£ast
Chic.
Uhlc.
Ohio.
Ohio.
Ohio.
Ohio.
Great Western.
134,724
124,7fl
184.694
390,632
t329,041
n79.714
383,970
1,006,94J'
395,793
967,053
1,228,«51
2.623.80'
1.966,159
2,208,666
2.1«4 2S7
2ri0.6ai
216.28)
2 I2,18f
186,601
517,660
667,20'
668,1 4 S
684,900
612.669
669,331
967,777
479,786
764,340
496,60.<^
954,709
808,88>
611,579
93-,50J
8,471,832
6,719,62?
6.980,361
7,668,739
426,309
a Figures here for 1«m5 and Iomo are simply tbe totals ot me earuiugs lor tue
our weeks of the month as reported In the weekly returns; the month's earnngs usually exceed the weekly estimates quite considerably.
Galveston Houston 4 Henderson included for these years.
1898.
198.125
159,843
160.215
91.656
73.400
131,611
2,734.125
609,385
403.614
441,290
2.941.000
576.663
8.829
143,880
76.926
70,095
119.579
1,106,251
432.382
531.972
353,296
4,022,684
91.380
108,071
185,830
130,326
4^0,096
31,689
1,491.882
204.503
168,288
2 24,052
84,625
909,900
129,042
217.889
143,965
30,013
120.126
10,045
290.861
224,390
165.772
49,861
Illinois.
Ind.
&
Louisv..
Mil.
<fc
St. Paul.
Peoria
& St.
L..
Term. Tr. RR..
& West Mich.
Choc. Okla. & Gulf.
Oln. N.O. & Tex. Pao.
01nn.Portsm'th & Va.
Olev.Cln.Oh.&St. L..
Peoria & Eastern
Olev. Lorain & Wheel.
Colorado Midland
Ool. Sand. & Hock'g..
Denv. & Rio Grande
. .
.
Det. Gr.Rap.A West..
Dul. So. Shore & Atl.
Blgln Joliet & East.
Gvansv.
Bransv.
<t
Indianap.
& T. Haute.
Find. Ft.
W.
«&
West.
Flint & Pere Marq...
Pla. Cent'l & Penin..
Ft. Worth & Den. C.
Ft. Worth & Rio Gr..
& Att Un..
ueorgia
Georgia &, Alabama.
Ga. South. A Florida
v*r. Trunk of Can. . . )
Gadsden
Chic.&Gr.Tr'k..^
Det.Gr.Hav.&M. J
n. No.— 8. P. M. & M.
Eastern of Minn..
Montana Central..
Gulf Beaum'tA K.C.
Central a
&
Gt. Not
[nterooeanio (Mex.)..
Internat'l
Iowa Central
Iron Railway
Kanawha & Mich
Kan.C. Pt.S. <&Mem..
Kan. C. Mem. &Bir..
Kan. City &N.
Kan. City & Omaha..
Kan. City Sub. Belt
Lake Erie & Western.
Lehigh & Hud. River.
W
bong Island
RR
Los Angeles Term'l..
LoolSY.Evans. &8t. L.
Louis v.Hend. & St. L.
Loulsv.
November.
1899.
Increase or
1899.
Decrease.
$
+38,282
1898.
310
310
196
+16,335
143
+14,730
188
+3.308
292
+12,062
+235,633 2,047
921
-t-8,685
395
+62.904
+17,481 1.136
+416,503 6.952
—44,689 1,540
105
+2,900
+86,128 1,445
64t
+24,386
930
+56,021
647
+82,748
+522.237 6,376
279
+15,478
74
+5,317
614
+28,926
—16,419
272
336
+20,424
111
+3,992
+242,281 1,838
352
+37,211
192
+29,455
346
+62,930
273
+13,758
+78,300 1,673
451
+6,257
689
+84,893
194
+5,680
146
+ 1,639
174
+13,572
78
+2,405
657
+ 15,407
—26,324
940
—16 805
453
146
—23,789
196
143
188
292
Ala.N.O.Tex.&Pao.—
Illinois
2,316,867
217.781
of Road.
HookiDg Valley
2,342,438 2,018.299
3,328.447 2,738.621
101.376
127.692
Name
1,919.358
824,848
2,619,014
129.099
Mileage.
Oross Earnings.
.
for all th«
years. The Chesapeake Ohio & Southwestern and Ohio Valley are included for
189H. 1898 and i897. and Chicaec & Te.\as for 1899 and 1898. Results on Yazoo
Branch are not included for 1899 and 1898.
t
rvoL. Lxix.
& Nashville..
Macon & Birming'm.
Manistioue
Mezloan Central
Mexican National.
5,929
1,020,123
407,996
476,951
270.548
3.500,44"
75,902
102.754
156.904
146,745
419,672
27.697
1,249,601
167,292
138,833
161,122
70,867
831,60ti
122,785
132,996
138,285
28,374
106,554
7,640
275,454
250,714
182,577
73,650
2,047
921
336
1,136
6,678
1.524
105
1.445
648
930
537
6.154
279
74
614
226
336
111
1.838
352
192
346
273
1,673
461
689
194
146
167
78
657
940
453
146
1,755
770
+985
11
11
161,340
113.335
81.444
—20,5.7
+21,905
307
458
285
307
458
285
2.426,992
2.190,079
+236,913
4.042
4.042
2,309,345
422,701
214,139
2,171,071
+138.274
+40,445
+47,557
+9,414
+95,060
4,698
4.549
353
2e2
75
346
H95,8t0 3,679
—19,373
775
555
+35,300
646
+7,102
20
+2,169
172
+12,588
973
+90,1 10
276
+4,909
174
+13,870
—5.289
194
g^g
32
725
+62,006
+4,1-08
90
+ 170 379
304
262
75
346
23,55(
376,824
2, 759,,58 9
462.556
296.800
191,707
6,719
61,488
484.835
145.517
43,225
15,503
46,638
346,214
40,79';
319,143
6,067
167,840
52.095
2,446,225
8.317
583,378
323.801)
34,305
Minn. & St. Louis...
257,926
Mlnn.St.P.& S.Ste.M
517.108
Mo. Kans. & Tex. sys
1,303,506
Mo. Pac. & Iron Mt.. 3,750,000
Central Branch
125.000
Mobile &Ohiod
572,000
Nash. Chat. & St. L..
525.697
ir.Y.Cen.&Hud.Riv.J 4,795.493
«. Y.Ont. AWest....
411,114
Norfolk A Western. .
1,113,157
Sorthern Pacific
3,021.694
Ohio tiiver
114,172
Omaha K. C. & East..
39,398
Omaba <& St. Louis.,
41,209
Peo. Deo. <fe Evansv.
77,60
EMttsb. Bess. & L. E..
170,740
Pittsb. Llsb. A. West.
4,958
Pittsb. A Western....
167,621
Pittsb. Clev. & Tol.
92,471
Pittsb. Pa. & Fair..
34,550
Rio Grande South'n.
50,835
Rio Grande Western
388,375
Sag. Tusc. & Huron..
12,561
St. Jos. A Gr. Island.
110,886
St. L. Chic. A.St. P..
31.648
St L. Kenuett ASo..
9,985
St. Louis A 3. Fran..
670,113
St. Louis South wes'n
596,300
8t. Paul A Duluth
205,960
San Fran. A No. Pao.
76,090
SantaFePrea.APhx.
76,500
8her. Shrev. A South.
49,289
South'n Mo. A Ark's..
16,000
Jouthem-Railway c
2,794,557
Texas Central*
36,839
r->xaH A Pacific
895,960
rex. Sab.Val. &N.W.
14,000
rol. A Ohio Central..
188.171
Tol. Peoria A West'n.
86.578
rol. St. L. A K. City
177,207
Wabash
1,410.457
W.Va. Cen. A Pitts..
113,142
West. N. Y. A Penn..
327,100
.
600.700
340,710
423,809
2,524,497
621,3^2
140.813
113,573
103.319
6.897
1,412.532
Mexican Railway
Mexican Southern*..
2,4<»8,492
382,256
166,582
14,136
28l,76'i
2,563,749
481,92>-
261,500
184,60f
4,551
48,900
391,725
140,608
29.355
20,792
47.517
284,206
36,489
318,973
7,370
135,058
43,544
2,099,004
6,700
2,796
l,221,6i!6
552.515
305,900
36.510
222.665
482,571
1,261,310
2,527,908
97.000
431,309
506,332
4.275,745
351,134
948,-58
2,903,704
80.601
32.515
39,015
68,532
117,265
4,303
158,936
90,980
30,112
45,425
287,276
12,191
110,620
29,052
10,000
668,696
634,900
201.289
77.809
66.887
57,063
9,300
2,522,904
51.518
954.709
7,800
175,000
79,191
186.548
1,212.450
96,146
295.463
+238
—1,303
+32,782
+8.651
+347,221
+ 1,617
+4,101
+ 190,906
+30,863
+17,900
—2,205
+35,261
+34,537
+42,14^6
+222,092
+28,000
3.671
50
372
166
775
555
609
20
172
973
276
174
194
32
725
90
879
50
872
166
2,988
2,988
97
59
97
59
2,010
1,266
2,010
1,219
321
227
507
321
227
366
1,272
2,208
4,938
1.195
2,197
4.938
388
388
687
936
+ 140,691
87€
+ 164,399
1,551
935
+19,366
+519,748 2,828 2,585
481
481
+59,980
+117,980 5,045
224
+33,571
169
+6,883
145
+2,194
254
+9,075
228
+53,475
+665
+8,685
+1.491
+4,438
+5,410
+101,100
+370
+266
+2,596
—15
+1.417
—38,600
2«
21
77
59
180
610
b7
313
111
44
1,386
1,258
1,561
4,917
224
169
145
254
228
28
213
77
63
180
582
67
812
111
44
1,282
1,258
244
244
+4,661
165
165
-1,719
224
224
+9,613
166
—7,714
155
94
94
+6,700
+271.653 6,291 6.235
176
—14,674
176
-58.749 1,492 1,498
88
88
+6,200
871
371
+13,171
248
248
+7,387
451
—9,341
451
+198.007 2,326 2,326
152
152
+ 16,996
643
644
+31,638
December
16.
THE CHRONICLE.
1899.]
€Hro»»
Name
iCam\ny»
Miieuu
/fame of Road.
of Road.
1899.
& Lake Erie.
Olev. Canton & 8o.
WiBoonsln Central
Yazoo & Ml88. Val
Wheel.
Inereate ot
Deereate. 1899.
1898.
161.590
67,522
136,634
63,844
460.347
623.223
398,6611
+ 24.956
+3,678
+61.686
+38,870
584.353
Ban Fran. 4 No. Paoiflo
8anta Fo Pres. & Phx.
247
210
937
969
247
210
937
947
'- ^«98- ^or NOV..
li9|^Klr^i:.f ^rt^,«^
^^« ^
-^^« -« '-^^•^^'^
tol ar.rr^s«
n'o^rXL°re^.?j2lJ"^'«^
Earnings are from railroad operations only,
^ Dan vine
nn^'f
l*'°
Montgomery
are included after Sept. 1.
Division are included for 189 J, but not
GROSS EARNINGS FROM JANUARY
Name
of Road.
1899.
Alabama
Gt. Southern..
Ala. N. O. & Tex. Pac.—
N. O. & Northeast'n..
Alabama & Vlck.sb'g
Vicksburg Sbr. & Pac,
Ann Arbor
&
Baltimore
Ohio...."!
Bait. <te O. Southwest..
Bolf. Rooh. & Pittsburg
Burl. Ced. Rap. & No.
OanadlaQ Paclllo
Central of Georgia
Chattanooga Southern
Chesapeake A Ohio
.
Ohio. A Easfn Illinois..
Chlo. Great Western.
Chic. Ind. A Loulsv
CJhio.
Milw.
A
St.
Paul..
Chic. Peoria A St. Louis
Ohio. Term'l Transfer..
Ohio. A West Michigan.
Choc. Oklah. A Gulft.
Cln. N.O. A Texas Pao.
Clnn. Portsm'th
Olev. Cln. Chic.
Peoria
A
A
A Va
St.
L.
Eastern
Colorado Midland
Col. Sand. A Hooking.
Denv. A Rio Grande...
Det. Gr. Rap. A West...
Dvd. So. Shore A Atl..
El«ln Joliet A Eastern.
Evansv. A Indianapolis.
Evansv. A Terre Haute
.
Find. Ft. W. A West'D..
Flint A Pere Marquette
Fla.Cent. A Peninsular.
Woith A Uen. City..
Ft. Worth A Rio Gr'de..
Gaasden A AtaUa Un
Ft.
. .
Georgia
Georgia A Alabama...
Ga. Southern A Florida.
©rand Trunk
Ohio. A Gr.
Det. Gr. H.
..
V
Milw.. 3
Oreat No. St. P. M. A M.
Eastern of Minnesota.
1898.
1,804,326
1,586,300
lnere€ue.
23,914.359
1
[
I
.
21.945,100
Deereatt
2ia.026
1,969.259
227, 16h
3,164.24",
"8*480
354.468
352,798
85,670
4,278,652
'22'.504
84,29
1,424,211
216,213
447,491
100,770
20,760,097 2,854,064
54,656
7,742
92.754
12,196,34-/ 1,845.798
5,679,40
725.750
3,714,200
363.800
581,2i:
84.02:
2.027,ol8
S54.614
3,956,31t
340.94i'
10,720.485
410.141
24,251.96b 1.215.582
1,193.262
3.910.65
1.093.402
5,386.456
203.636
42,172.8i*l 4.364.905
3,540,894
910.915
10.313,35'; 1,310.303
24,290.415 1,719,944
882,24202,054
743,798
59,409
1,227,71;;
452,624
42,562
1.854
1.647,118
142.064
986,746
356.412
434.682
3,032.576
128.314
1,123,327
311.066
68,166
6,383,419
5.014.168
1.551.697
Inereate. Deereate.
Southern Railway ...
Texas Ce ntral *
.'.'"'
Texas & Paoiflo
Toledo & Ohio Central.'
Toledo Peoria A West'n
Tol. St. L. <fc Kan. City.
"
Waba.sh
West Va. Cent. &
West. N. Y. & Pa
809,8231
6«.n86
749,9811
71.1.53
330,8P8,
2,995
22,943,290 2,520.710
.^33,882
939,341-
1,807.829
14,210,40^
39,951
7,072.436^
317.3581
l,t)93,113i
134.219
894.205
45,138j
1,933,4=181
125,629
12.571,1131 1.639,289
1,059,283
125,92'
2.840,412
526,185
1,352,248
206,063
1, 18^2031
Pitts.'.
Wheeling & Lake Erie.6
Wisconsin Central
876,409
821.134
333,893
25.464,000
293.931
7.389,844
1,827.332
3.366,597
1,558,3161
5|Oo3i320
4.510.162
543,153
Total <115 roads)... 588.603,315 536,564,959,
53.010.348 971,992
Net increase
!52.038,356!
• For three weeks only In
November.
So'ithwesfn and Ohio VaUey roads are included
®
fo? hntif t«t^a
r"'*'
?° '£* ^*^?*' '^''*"«1' (140 miles) are included
for 1898 ^'^on^v
^T^^{'
tr***^!* '<" November are for railroad only.
. I, t.
, Montgomery DivHi.,d incluned in l^n9
but nor in 1898
''^^ include Cleveland Canton
& Southe.n after Aug. 14
in bom yeafs
I
ITEMS ABOUT BANKS, BANKERS AND TRUST CO'8
—The auction sales of bank stocks this week aggregate
231 shares. No sales were made at the Stock
Exchange.
The transactions in trust company stocks reach a total of
only 57 shares, and were all auction sales.
Shares. BM.SKa—yew York.
Price
Last previous sale.
90 American Exchange Nat. Bank.
183
Nov. '99— 190
3 Cbemioal National Bank
3980
Nov. '99—3900
20 Corn Exchange Bank
375
Dec. '99— 37518
18 Gallatin NatioDal Bank......
411-411 lo
Nov. '99— 4IOI4
50Twelftn Ward Bank
111
Nov. '99- 134%
50 Union Bank, National
" 378-379 No sale In '98 or
•9y
Trdst Companies— A"«w York'.
27 America, Trust Co. of
220
Deo. '99- 228
15 International Banking & Trust..
160
Dec. '99— 161
15 Morton Trust Co
400
Dec. '99— 421
—The Superintendent of Banks has this week designated
the Morton Trust Company and the Bankers'
Trust Company
.
'
of this citj as depositories of the lawful
money reserve of the
banks of this State. The Trust Company of America has,
as
was noted in this
as a depository.
column
last
week, already been designated
—The
following have been elected officers of the Union
of Brooklyn, capital |100,000 and surplus and undivided
profits $57,080: Stephen M. Griswold, President;
James Mc-
Bank
Laren, First Vice-President: Thomas Adams, Jr., Second
Vice-President, and James T. Ashley, Cashier. The directors are-
Stephen M. Griswold, James McLaren. Thomas
Adams, Jr., Henry J. Straukamp, John A. Bliss, John McCarty, James Ross, William J. Hazlewood, William
Lockitt,
Samuel Dean, Louis Bouert, Stephen M. Hoye, Michael E.
Moore, Qustav A. Seaborg and Albert Morton.
institution to be
known
as the Central Trust
Com-
pany of Indianapolis, Ind., has been organized, with a capital of $300,000, and it will begin business
January 2. The
officers are: Charles E. Coffin, President;
Ovid B. Jameson,
Vice-President; Charles E. Holloway, Second Vice-President, and Medford E. Wilson, James E. Roberts,
Lorenzo
D. Moody, George B. Elliott, Winfield T. Durbln and John
C. Shaffer, directors.
—
12,467
The Merchants' Trust Company, the organization of
which, with a capital of $500,000 and a surplus of $1,000,000,
76,737
was announced in this column December 2, began business
this week in the Central Bank building, Broadway,
corner
of Pearl Street. Edwin Langdon, President of the
Central
National Bank,
15.023
47,885
is
also President of the trust
—On Thursday it was announced that the
company.
Boston Clearing
House Association had issued $3 500,000 in special Clearing
House certificates, bearing 7 3-10 per cent interest, to the
Globe National Bank of that city. It appears that during
the administration of Charles H. Cole, formerly President of
the bank, loans were made by the institution on United
States Oil and United States Mining bonds and other securi-
which loans were later deemed unsatisfactory by the
and Mr. Cole resigned. Recently the fall in the
market price of the above-noted collateral held by the bank
seems to have threatened to embarrass the institution through
a withdrawal of deposits, and hence the action of the Boston
Clearing House in issuing certificates to the bank. The instities,
directors,
35,768
34,869
20.215
496,961
3,699
137.20C
20.5SO
20.246
557,129
214.455
235.934I
Sherman Shreve.&So
—An
17.981.673 1,778,64?
2,410.730
550.389
1,824.345
5.89;
166.549
90,701
2,454.344
74l,66e
25,069,639 2,153.466
3,548,602
6'^.077
2.897.740
596. 56<
l,8<i0.839
262.912
45.694
11.668
523,50u
97,468
4419.468
393,139
1,313,002
93,40t
308,934
15,067
481.379
1898.
t
30.
1.523,875
1.300,789
223.086
702.319
609,653
92,666
619.904
625,258:
5.354
1,473,636
1.328,393
145.243
27,«15,156' 26,013,069 1.602,087
6,302,770
6,509.049
206.279
3,714.0751
3,522.874
1911201
4,539,363
4,138. 518i
400,848
26.223,41.«'
23.46 7,8591 2,755.556
5.217.124
5,060,1591
156,966
75.133
63,511
11.622
11.314.090 10,868.503
445,587
4.414.746
3.918.690
496,056
5,822.57fr
5.034,257
738,319
3,525,153
3.045,899
479,254
36.971.228 32.585.449: 4,385.779
862.872
777.4941
85,378
1,142.3351
1,074.449
67,886
2.065.680
1.801,279
264,401
1,653,326
1.433,47s
194.851
4,3 '9,469
4,283,150
106,:n9
29^,784
259,400
39.384
14.096.318 13.33u.100
766.218
1,««78.991
1,727,642
151.349
1.688,550
1,51",430
178.120
791.6la
762.732
28,88
8.813.213
7.907,7271
905,486
1.487.955
1.33'«,227
99,728
2.203,-691
1.663.061
540.508
1.610.623
1,411,544
229.079
314,282
29 2,644
21,638
1,254,481
1,152,209
102.272
108,424
82,022
26,402
3,039,819
2.781.984
257.855
2,410.788
2.763.585
352,797
1,459.978
l,36i,967
94,011
443.079
494 009
50,930
11,659
6,746
4,913
1.461.585
1,437,772
23,813
1.14e,781
1.149,953
3,172
946,915
887,468
59,447
19.760,316
2.961,119
Montana Central
1,830,242
Gulf Beaumont A K.C.
257.250
Hooking Valley
3,196,010
Illinois Central a
27.223,155
Int. A Great Northern..
3,616,679
Interoceanio (Mex.>
3,494,300
Iowa Central
2,083,751
Iron RaUway
57.362
Kanawha A Michigan
620.968
KansasC. Ft. S.AMem..
4.812.657
Kan. City Mem. A Bir..
1.407,010
Kansas City A N.
324,001
Kansas City A Omaha
214,701
Kansas Citv Sub. Belt-489,856
Lake Erie A Western...
3.518.716
Lehigh A Hudson Rive)
438,468
Long Island RR.
4,201,915
Los Angeles Terminal..
106,797
Loulsv. Evansv. A St.L.
1.640.424
Louisv. Hend. A St. L..
548.261
Louisville A NashvlUe.. 23,614.161
Macon A Birmingham..
62.i98
Manistiaue
77.73.
Mexican Central
14.042.l4f
Mexican National
6.405,155
Mexican Railway
4.078,000
Mexican Southern*
e65,284
Minneapolis A St. Louif
2.581,632
Minn. St. P. AS. Ste. M.
4.297.256
Mo. Kan. A Texas sys.. 11.130.573
Mo. Pacific A Iron Mt.
25.467;551
Central Branch
l.'fisis??
MobUeAOhiol
5.004,053
Na.^hv. Chat. ASt. L...
5,590,092
;B. Y. Cent. A Hud. Riv..
46,537.796
Jr. Y.Ontario A West'n..
4,451,809
Worfoik A Western
11.623.660
orthern Paoittc
26.010.359
Ohio River
1.084,301
Peoria Deo. A Evansv.
803.207
Plttsb. Bess. A L. Erie..
1,630,336
Pittsb. Lisbon A West'n
44,416
Pittsburg A Western ...
1,789,182
Pittsb. Cleve. A Tol....
950,97e
Pittsb. Paines. « F'pt
391,281
Rio Grande Southern...
454.897
Klo Grande Western .
3,529.537
lag. Tusc. A Huron
1 32.013
It. Jos. A Grand Island.
1.260,527
It. L. Chio. A St. Paul..
331,646
It. L, Kennet A So'n
88,412
It. Louis A San Fran..
6.940.547
It. Louis Southwestern.
5.2-/8.623
[t. Paul A Duluth
1.787.6al
W
I
TO NOVEMBER
)
Trunk
A
1
1899.
1898.
_TotalJ122road8)_l62,450,938 56.527.950+5.923.0481
103.0H3 101.599
189**''^''"*'' ^''°««° Aa^i^rB^iTe^ exoluaea To^
both 1899 and
d rS'«
tor?89S
1227
tution
claimed to be entirely solvent.
death was announced on Tuesday of Frank Evans
Wing, of the well-known investment firm of Charles T»
Wing & Co., of this city. The house was a pioneer in the
investment business in New York, and the deceased was one
is
—The
of the jnost active
—The 'Colonial
ie^d.
members
of the firm.
Trust Company has declared its first diviThe amount is 5 per cent and it is payable January 2.
[Vol. LXIX.
THE CHKONJCLE.
1^28
DEBT STATEMENT NOVEMBER
IMPOBTS AND EXPORTS FOR NOVEMBER.
30 1899.
The following statement of the public debt of the
The Bureau of Statistics at Washington this
from
United States on November 30 1899 is made up
week issued the statement of the country's foreign
Further on we
on that day.
previous
trade for Xovember, and from it and from
gtetements we have prepared the following interesting
figures issued
official
cash holdgive an interesting exhibit of the Treasury
ings of the same date.
sammaries.
INTEREST-BEARING DEBT NOVEMBER
POBHIQN TBADE MOVEMENT OF THE UNITED STATES.
omitted.
the following tables three olphera (OCCs) are In all oases
1898.
1899.Exetu
BxporU. Import*.
Exceu.
Import*.
Exportt.
»
t
*
«
I
inerch'dlae. %
165.465+150.600
319,985
313.989 191.319 +1'^'Z.670
Jan.-March
1«0,796 +144,781
305.577
197,126 +81,904
•.ir 9,030
April-June
149,118 +MM.«18
+11
5447,736
'^,150
197,308
July Sept... 3li».158
d2,3oO 46e2-0
1 1 «,620
7"i,196 +53,'!65
1 '25.f 61
October
53.097 +77,701
129,798
74,45a +4(»,300
123,752
November.
ID
7 tile of
.
Gold and Gold
Jan.-March
April- June .
July-Sept...
October
732,401+419,789 1.117,656
1,152,190
Total
.
14,729
-1 1,298
4,417
8,65«
l.f-09
.
November..
Total
4,723
10,880
+1«,062
-0,157
381
264
S.543
2,904
-M62
—2.640
0,556
1,2«0
913
33,532
45.716
-12,193
14.975
—
November
.
'
Total.,
+ Excess of
14.758
12,362
11,«18
7,682
6,755
8,287
-38,947
—47.423
-28,1»2
43,364
4 9.235S
34,748
4,684
4,439
•Z,322
47.861
27,818
331
-^2.362
1,667
4-;|
5,324
14 9,40« -134.431
4,513
4,023
47,969
25,92*
+
2,772
+20,013
-^4.e60
+«,7<6
4-6,629
-rl,95»
if
1
Oi>
20
$1,209,820 26
.
$t 2.000
;
Kansas
Pacific, t6,OOo; total
+1,751
00
DEBT BEARING NO INTEREST.
-(22,047
United States notes
•,"•;
.;
Old demand notes
National bank notes- Redemption account
Fractional currency
r
;
V r
lyess amount estimated as lost or destroyed
•
•
• •
•
"
'
•
•
• :,•
00
$346,681,016
^
53,847 60
34,433,338 00
oVfl 462 ee
« S76«34 »»
00
».d7&,wd*
6,880,558 66
• •
$388,048,(60
ABgregateof debt bearine no interest
1
RECAPITULATION.
years.
Silver.
Gold.
Mehchandisk
Eleven
Excess
ExMas. Exports. Imports.
Export* PO*^*-
Exceis
Imports.
of
Ex-
Export: ports.
Imr
ports.
Interes't-bearinff debt
Excess
of
Ex-
ports.
$"~
$
t
•12,19? 47.861 27,818 20,043
1,152,1!;0 732.401 419789 33.522 45.715
•134,431 » 7,969 25,922 •J2.C47
1.117.696 579.8 J6 5378 ( 14,975 149,40P
2,26^ 52,613 30,816 22,497
974.H65 eoi.ofec 28356r ,33,088 31.no
$
»
1898.
1897.
57.136 27 .294 29,842
1896. -88,651 622,5V9 26605257,625 101,930 44.105
21,803 27,148
1895. 732,331 739,468 7,13?|S9,478 32,975 56,508 48,946 5.916127.638
71,12b'43.664 1
20.91
I2604i-92.f46
614.177
740,225
1894.
Excess of imports.
Similar totals for the five months since July
1
make
the following exhibit.
Exports Import*
of
Ex-
Exports ports.
t
t
~
t
^
,
'
Debt, Interest ceased
Debt bearing no Interest.
Dec. 9.712,651 00
3.176,100 11
Total Bro.sdebt
H^^f.tfo^ 11
Cash balance in Treasury... 236,216,439 93
of Dec.
,j»»,»»i,t)40 ui
''tlffislo
0^6,637.760 69
Nov. 30 1899
The foregoing figures show a gross debt on
8.270 42
$l,426,3f
(interest-bearing and non- interest- bearing) of
the Treasury) of
and a net debt (gross debt less net cash in
U/o'.mI,^!^!©
Totalnetdebt
1.146,629,681 38
$1,140,091,830 49.
,
^ ^
never includea
PvciFic Railroad Debt.— These bonds are
debt. To show their
in the official total of the Government
compilation:
present status we have made the following
RAILROADS-THEIBPACIFIC
unliquidated bonds issued to
8IL71IB.
GOLD.
Exceti
..
I
Im-
Excest
of
ports. \Exporti
t
1899. 559,171 343,956 215316 5,368 22.327
1898, 49ti,lE4 253,565 24-2589 8.749 56.610
1897 484,687 |238,'.83 246 01 8,60.' 25,212
1896 444 039 252,943 191086 1 4,834 75,* 85
1895 345,466 347,>-68| *2,4C2 53,929 6.U0
1894 .l335,7P6 278.2341 57.582 21,118 9,136
»
Exports.
~r
Im-
.
ports.
t
Railroad Liability.
Exces)
oj Hj..
porti
Issued
by Oov^t.
Int.
•25,8»6,120
36,604,385
Kansas Pacific. 6,303,000
Union Pacific. 27,286,512
6,607,45"«
of
Railwav
by Gov't
1 1899.
Repaid by Companies.
Through
Settlement
Sinking
wiih
Oovemm't.
Fund.
$
Central Pacific.
CeDt.Br.,U.Pac.
l,60ii,0i)0
West.
Sioux
1,970,660
1.628,320
Paciflc...
C.&
Pac.
Total
•
Kxoess of Imports.
Net
Paid
Bond*
Name
t
•16,959 20.741 13,381 7. 880
•48,081 •^3.371 13,0.9 10,342
•16.61( 24.669 15,269 9,390
•6 1,161 26,872 1 2,500 1 4,372
47,7691 i5,011 11,411 1 3.600
11.98)119,669 8,102 11.567
i
8.99«,3S0 CO
1,087,049,690 00 1.046.(M9.020 00 Dec.
l,210.0:-0 26 Dec.
91.
120W8?0 26
„^i.]^
713,311 0088?,7(J2,071 16 Dec.
388 048 760 16
STATUS DECEMBER
Mkrohandiss.
Fire
De^t—
Inc. or Dec.
Oct. 31 1899.
Nov. 30 1999.
Clas»iflcatinnof
*
$107.30
l,10J.6-,!0
-^Ij^lfl.oaO 26
Debt on which interest has ceased ...... .....
but not vet P^e
Bond* issued to Pacific railroads matured
Central Paciflc. $,53,uO0,
sented; Union Paciflc. |U,0o>
subjoin the totals for merchandise, gold and
for six
silver for the eleven months since Jan. 1
Mas.
Norember 30
October 31.
»107.3ro 00
1.10)t.7J0 40
2 1891. ..
Funded Loan of 1891. matured September
'61
Old debt matured prior aod subsequent to Jan. 1
We
•
fl7,40V!,5fOO
coupon^
»20.000. tSO... O
lit: lloo; I500: |]:000: J^ OOO. *10.000
•
1899
162,315,400
198,678,720
MATURITY
DEBT ON WHICH INTEREST HAS CEASED SINCK
— Excess of Imports.
exports.
31,776,200
iH,397,700
93,921,960
p.W6o^rcS^m.^g.|>vS i¥S«
— 15,458
— »,411
IH.'S'i
7,198
5,695
8, 06
2,£5t
2,269
12,158
12,440
14,835
+7,076
+5.607
25,364,500
658,251,500
37,270
579.826+537,870
Silver and Sliver In Ore.
Jan.-March.
Aprfl-June
July- Sept..
October
of 1908-1918....
t^^lk
3.433
.
6V,i38,100
239.23a.960 1-O"0f-««0
Tot.,excl.Pac.RR.bonds.l.491,921.370 797.779,460
In Ore.
24 ,721
.
„
v
•
.....,^
486.113,400
740,?ii;56o ^^^'^/Z
40,012,750
65.627,100
100,000.000
162,316,400 115,917.7'
198,67 S.'iaO 114,756.760
48TFun5edTo"an;i9i'7:.Q.-J.
49, Retund'g certitlc's. 9-"'."'
Loan of 1904
Loan of 1925
I
$
260.000,000
)o_M
*Sdnth.uedat2p.cjQ- ^-
Total.
Coupon.
Registered.
issued.
4Us, Fund, loac, 1891.
68,
48,
88,
Amount
Amount
Intere.t
payable.
Loan—
30 1899.
Outstandinfi.
64,623.512
Government accepted
63.369,053
•12,910,458
31,211,712 18,194.618 40,253,616
9,100,452
2,154.531
3.453,103
2.583,257
Balance
Due
Total.
U.S.
62,489,505
12,910,458
68,448,V!24
3,764.531
5,423,66^
5,423.663
4,211,677
139.271,85ril7.966.108
82,814,446 i27,y9''.070 111,97'<.78'1
principal of bonds-$6.3o3.0oO-in
fuU payment of
all
Indebtedness
holdTREASURY Cash and Demand Liabilities. -The cash
In these tables of totals, gold and silver in ore for ings of the Government as the items stood Nov. .0 we tafee
of from the Treasury statement of that date. The net ca.sh
all years are given under the heads respectively
above in reacnbalance given below is the same as deducted
silver.
and
gold
ing
o„„^
^ the net debt. CASH IN THE TREASURY.
The following shows the merchandise balance for
,
Gold-Coin
each year back to 1875.
i'm.foP.sSe 83-1390,653.107 36
Bars
Silver— Dol lars
Subsidiary coin
A-t-t
*
;•;;
o*
fj^o
J53 QQ
,07' .^03
qq
50-
8i*749;335
••
Bars.
<>fl*KftQ'ii4n
EXCESS OF MERCHANDISE IMPORTS OK EXPORTS.
Paper-United States notes
i! 684.600 00
of 1890
notes
Treasury
30—
Nov.
9qos7fli700
ending
months
11
5 months ending Xov. 30—
cert
Gold certificates
«'Vll-r
6,360,704 00
Import8.S(18,874,617
1875
Exports. $2,920,595
1875
Silver certificates. ....
; v'
i' iqtoV"
90,< 00 00
Exports.122,900,825
Exports. 72,837,042 1876
Certiflcatesof deposit (Act Junes, i»v.iJ
1876
a
nnft'9M "^
«i—
'••"""•''''^
Exports. 100, 1< 4,990
National bank noies
Exports. 62,208,577 1877
1877
-.h await.^VtV
paid,
coupons
and
interest
Exports.269,514,539
Other-Bonds,
1878
^
Export8.113,843,888
1878
o-i^.^Vi
f±
Ing reimbursement
Exports.230,279.987
4'6,en3 57
Exports.115,243,376 1879
1879
Minor coin and fractional currency..
••.•••i;
141,361,717
93
Exx>ort8.
76.7C7.M45
1880
Export8.110.198,223
1880
bank depositaries—general ace t
e,501,ti64 77—
Export8.143,61 5,639 Deposits in nat'l
496,728.872 40
t
64,868,542 6*
'
'
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
ExportP. 45,615,673
Exports. 21,109,792
ExportP. 40,434,414
Exports. 60,175,571
Exports. 23,005.236
Exports. 21,814,3^8
Exports. 12,454,370
Exports. 2.754,283
Exports. 50,236,712
Exports. 15.176,764
Exports. 104,962,401
Exports. 27,644,831
Exports.125,618,387
Exports. 57,5«1,820
Imports. 2,402,246
Exports.! 91,095,979
Export8.2 J 6.603,9 19
ExportB.v42,589,t01
Export8.21 5,21 4,985
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
SO,*: .57,666
l8
Disbursing officers' balances
Imports. 18,327,238
$1,043,12^,288 t8
Exports. 86,517,433
Aggregate.
Exports 70,931,406
DEMAND LIABILITIES.
Exports. 78,318,929
Exports. 20,835,610 «°"^5«iH^S2*?f:
:::::::::::::::::::::::*4o*fflo4qq
13,6h5,000 00
Imports. 14,635,757 Silver certificates
_,„ _
^'"''
—'--^
•.^'-Certificates of deposit Act June 8, 1872
00
b^^-^2^280
oo-»678.260,903
o"
Imports. 58,^21,017 Treasury notes of 189'
-..•VV
-ii;
u
ro«1t2
:
2
«.506,4^2
Exports. 19,581,456 Fund for redemp. of uncurrent nat'l bank notes
6;i00,'-87 19
Imports, 3,^^44,599 Outstanding checks and drafts,
e6,84-,9S6 41
, „,
Exports. 91,700,830 Disbursing ofiBcers', balances
78,650,946 95
e 194.899 63-'"'"'"
liC.
Exports. 75,070,2 3 Agency account s.ic
iiWnVoo
000 66
286.218,430
'°....
Exports. 65,172,031 Goldreserve
93
*,"«'.>i«??h
lse,^10,48« wa
NPt, cash
na.sb balance..
ba anoe
Exports. 126,047,892 Net
$ 1.043.12«,288 88
Imports. 7.137,281
Aggregate
»289,391,640 0*
Export8.266,052.419 Net cash balance in the Treasury Oct. 31 1899
2 6, If ,439 98
Export8.283. 565,818 Net cash balance in the Treasury ^ov. 30 ia»*».
870,363
Export8.537,
13,175,100 IV
Decrease during the month.
Export8.4 19,788,744
,
,
.
.
.
-^
.
December
THE CHRONICLE.
16, 1899.J
IMPORTS AND EXPORTS OF GOLD AND
SILVER AT SAN FRANOISCO
The Collector of Customs at San Francisco has furnished
us this week the details of imports and exports of gold and
silver through that port for the month of October, and they
1229
laouietarrji ©ommcrcialgtigXlsTt^jews
[From oarownoorresponaent.l
London, Saturday, December 2, 1899.
Business has been very restricted on the Stock Exchange
all through the week, and indeed the city generally has been
Fortunately the trade of the country has not
lees active.
are given below in conjunction with the figures for preceding
months, thus completing the results for the ten months of
the calendar year 1899. The imports of gold were greater yet suffered. It is as flourishing as before, more flourishing
than
any month since February, the amount received perhaps than in any past time. But undoubtedly the Stock
reaching |1,576,424, of which $1,168,063 was in coin. Of Exchange is very stagnant. Mainly this is due to the fear
m
came in $366,727, of which $156,147 was bullion.
Daring the ten months there has been received a total of
$14,301,695 gold and $1,982,556 silver, which compares with
$26,939,939 gold and §1,360,339 silver in 1898. The shipments
of gold during October were only $6,885 coin, and the exports
of silver have been $247,716, of which $19,816 was coin. For
the ten months the exports of gold have reached $2,440,584
against $563,536 in 1898, and $4,272,969 silver ha.s been sent
out, against $4,279,261 in 1898. The exhibit for October and
the ten months is as follows
silver there
:
IMP3RT.'«
GOLD.
Total.
Ooin.
1899
January.
February
March
April
89,634 3,054,732 29,365
19,216 2,215,256' 23,780
114,132 1,156.631 71,713
54,584 I,'i33.284,
2,522
67,035 808,640; 63,215
49,832 1.511,91m 70,063
155,979 714,H57 78,023
48,31611,274,841 19,4761
72,124 955,114 57,589
408,361 1,576,424: 110,580
978,700
741,605
May
June
BuUioit.
Total.
9
2.965,098
2.196,040
1,042.499
1,462,084
July
558,878
August. . 1,226.525
September 882,990
October...' 1,168,063
it
may
be unobtainable even before the year
At the very end of last week there was an unofficial intimation given the Bank of England that the Bank would not
discount. Probably the bill brokers and discount houses misunderstood the warning. They took for granted that the great
central institution was about refusing to discount bills altogether and insisting that those who wanted accommodation
should take loans at Q%. The Bank rate at the time being
what in all likelihood was really meant was that the
Bank would not in future discount at 5^, but that those who
needed accommodation would be charged 6%, whether for
.
SILVER.
Bullion.
OOilt,
money may become not only exceptionally dear and
5%,
OP GOLD AND SILVER AT SAN PRANCISCC
MOMTHB.
that
scarce, but that
is out.
159,626
83,255
156,151
129,092
173,375
102,181
147,612
144,359
204,432
188,991
107,035
227,864
131,614
236,590
172,244
225.635
163,835
262,021
266,727
156,14".
TotlOmoe] 13222482 1,079,213 143016951526,326 1,456,230 1,982,556
EXPORTS OP GOLD AND SILVER FROM SAN FRANCISCO.
discounts or for loans. Of course the special customers of
the Bank were excepted. The misapprehension, however,
created some alarm. Fortunately it was late on Saturday
before the intimation was given, and practically therefore it
had no
effect
on business.
On Monday it became
clear that the meaning of the Bank
to be charged to all but its special
very considerable business was done at 6 per
customers.
cent, and on Thursday the rate was raised to 6 per cent. The
was that
6 per cent
A
was
Stock Exchange settlement began on Mondaj' and ended on
Thursday. Rates ranged practically from about 5)^ per
cent to 5^ per cent on Tuesday, which was the day on which
most loans were obtained from the banks for settling purposes.
On Wednesday, however, rates rose considerably
and ranged from 6 per cent to 6}^ per cent and on Thursday,
which was the day immediately preceding the monthly settlement in consols, the rate lor consols rose to as high as 6)^
per cent. In other words, for carrying over consols from
the 1st of December to the Ist of January operators had to
pay about three months' interest on consols, which with a
stock ranging so high as consols is certainly a most exceptional and onerous contango charge.
The extreme dearness of money is not due to any shock of
credit.
Credit was never better, and the general opinion is
that trade throughout the country is absolutely sound.
There is no fear either of any disturbance in Germany. At
one time it was thought possible that the pressure put by
the banks upon their customers to reduce their speculative
accounts might bring about some troubles, and that practically a few of the industrial companies might break down.
But the fears in these respects have now disappeared, and it
;
GOLD.
MONTHS.
1899.
January
Ooin.
Bull'n
9
9
June
252,055
53,915
380,595
54,380
331,810
105,575
July
361,2-^5
August....
September
457,980
4^4,780
October...
b,885
..
February..
March
A-pril
May
Total.
9
252,055
53,915
381,18b
54,580
331,810
105,575
361,2S5
458,090
435,200
6,885
Coin.
Bullion.
9
1
83,025
36,303
111,757
32,705
38,649
13,870
142,264
498,816
171,388
19,816
Total
9
619,804
420,792
101,153
307.472
304,256
137,800
$
231,000
315,800
227,900
702,829
457.095
212,910
340.177
342,904
151,670
600,664
729,816
487,188
247,716
1,324 2,440,584 1,148,592 3.124,377
4,272,969
• •••
594
200
iio
420
Vot.lOmoe 2,439,260
SILVER.
,
'
4-58,400
FAILURES BY BRANCHES OF TRADE.
take from Dun's Review the following statement
showing the failures in the United States by branches of
trade for the month of November in each of the last three
years:
FAILURES BY BRANCHES OF BUSINESS.
Month
1899.
No.
tools
Woorns.c'rp'ts&knitgoods
Cottons, lace and hosiery.,
Lumb'r,carp'nt'r3& coop'rs
Clothing and millinery. ..
Hats, gloves and furs.
Chemicals, drugs & paints.
Printing and engraving...
Milling and bakers
Leather, shoes & harness
Liquors and tobacco
No.
3
77,008
83,00
1897.
UabOities.
t
IS;
November.
1898.
Liabilities.
Manufacturert.
Iron, foundries and nails.
Machinery and
of
9
3
No.
$
216.636
188.9'
85.600
lAabUitieit.
$
3i
12^
82,900
186,050
""4
1
600
3^8,886
904,814
18
24,02f-
6
84,500
65,313
69,395
2
4
36.58t>
6
2
1
77
36.6ao
J2.00C
1,261,923
254.449
288.2 le
68.177
21.500
62.700
5.050
7,230
86.3tO
12,«00
42
1.99i3,50e
Total manutactunnK...
201
2,986.686
12'i
3,223,613
20 J
4,331,380
TVaders.
General stores
Groceries, meats and flsh..
Hotels and restaurants....
102
493 52S
5ti9,67»
118
177
790.930
Id-
4S
57
140
171
436,407
154,780
273,973
30
1,045,647
471,266
87
31
363,598
218,831
729,890
413,)'6e
100,214
169,837
243.H54
246 494
]8,9»0
85,640
24
21
141,»90
153.709
732.299
323.931
72.361
276,e?5
167.«16
119.351
69,678
105,178
21.000
510.839
. .
Glass, earthenware
All other
&,
brick
Liquors and tobacco
Clothing and furnishing...
Dry goods and carpets
Shoes, rubbers and trunks.!
Furniture and crockery,.
Hardware, stoves & tools
Drugs and paints
Jewelry and clocks
Books and papers
Hats, furs and gloves
All other
,
Total trading
Brokers and transporters.
Total commercial
'30
27
5
6
11
16
H
6
1
51
35
2^
16
28
32
i
6
7
18
7
42
49
22
88
9
6
502.07 7
121.700
86
81
12
4
1,608,9^7
264,400
94,800
66.000
12
9
8!-0,i00
15
8
232,lt28
147.3' 4
61
7.498
692,6 ..8
68
P3
78
82
13
2V
47,035
1.147.001
168.122
93.705
**
15
8
9
74
307.661
ie6,9«0
ltS,B05
61,000
61,060
48^,650
3 (.946
610.610
65
3r
3,846.109
1,214,114
632
24
8.977,051
909,811
810
22
5.452.598
888
8,046,848
778
8,110.475
1,041
11,610,196
76
646
b
generally believed in London that trade in Germany also
sound, and that no difficulties will occur. In the Scandinavian countries trade is Very active and money is very
stringent. But there are no difficulties apprehended. In
regard to Belgium, where business also is exceedingly active,
there are some doubts respecting some of the industrial companies. But it is thought probable that the necessary help
will be obtained from France.
In Russia the monetary crisis continues, and is likely to
continue for some time yet. There are curious rumors, too,
in circulation respecting M. de Witte, the Finance Minister.
That he has been at issue with several of his colleagues is
notorious, and that some of those colleagues have endeavored
to undermine him is generally believed.
Up to now, however, he has been able to hold his own. It is reported that,
rightly or wrongly, the Czar has been convinced that his
Finance Minister has been guilty of grave irregularities in
is
We
l,8-.i6,219
Note,— Iron, woolens and cottons include all the branches of tnose manuractures; machinery Includes Impiements and tools; lumber Includes
saw
planing, sash and door mills, carpenters and oopers; clothing Includes
millinery
ana furnishings; hats include furs and glo»es; chemicals include drugs
fertilizers, palots and oils; printing and books Include engraving
and maps; milling
includes baking; leather and shoes include makers of harness, saddlery
trunks
lana rubber goods; liquors include tobacco, wines, brewers and beer;
glass inand cement; groceries include meats
'.„"i^«^i?*1''?°,"?'"^!P2"^''5''^'"'°'='''™6
jnaush; hotels Include restaurants; dry goods Include carpets and curtains;
turniture includes crockery; hardware includes stoves and tools; and
jewelry
Includes clocks and watches. Brokers include all real estate, note,
insurance
-or produce dealers whose main business is not the handling
of actual products
»nd transporters Include all except incorporated railway companies.
is
management of finances.
The advance of the Bank of England's rate of discount to
6 per cent on Thursday was unexpected. It was known that
the directors wished if possible to avoid a rate which has not
his
been experienced since the Baring crisis, and which, indeed,
has come to be regarded as a panic rate. But the directors
convinced themselves that it was better to raise the rate
than any longer to incur the risk of further gold withdrawals.
During the month of December there is usually a very
large outflow of coin and notes to the interior, reducing the
reserve by three or four millions sterling. Of course that is
a temporary movement and the larger part of the money comes
back in the spring. But this year the reserve of the Bank of
England is small compared with its obligations; while an
exceptional demand for gold has sprung up in Argentina,
and it is thought probable that more gold will have to be
sent out to South Africa in connection with the war. Last
week about £900,000 were withdrawn for Argentina, and it is
understood that about half a million more is arranged to be
withdrawn, and possibly other sums may be taken afterwards.
The drought in Australia has so reduced the number of
sheep in the Australian colonies that wool has become very
scarce and the price has risen very greatly.
Daring the
past year and a- half the rise has been almost entirely confined to the better classes of Australian wools. But during
the past month or so Argentine wools have risen rapidly, so
that now the advance over this time last year is fully 30 per
cent. The wool clip is large and a great rise in price, to-
THE CHRONICLE.
1230
[Vol. LXIX.
gether with an exceptionally lar^e clip, enriches Argentina,
Supplies available for consumption (exclusive of stocks on
and enables it to take more gold than nsnal from London. September 1):
1896.
1899
1897.
1898
Furthermore, the wheat crop, which will begin to be reaped
Wheatimported, cwt.16.54 9.500 15,084 200 16,858,600 17.140,230
almost immediately, now promises to be abundant, and Imports
5,613,440of flour
5.618.300
4,111.700
4,932.530
although it is too early to epeak of the maize crop, that also Bales of home-grown. 9,032.713
7,771,054
8,939 479
8 997.660
far
promises
well.
80
Lastly, Argentina has been sending a
Total
31,200,513 28,956,209 29,967,960 30,524.724
good deal of provisions, males and so on in connection with
1896.
1899.
1898.
1897.
the war. The final result is that Argentina has just now an
Aver.prlce wheat, week 258. 8d.
33s. 4d,
278. 9d.
338. 8d.
exceptional command over the London market.
Average price, season. 268. 3d.
288. Od.
278. Od.
33s. 3d.
With regard to South Africa, the public has no means of
The
following shows the quantities of wheat, flour and
judging whether much more gold will be sent. There is no
demand for trade purposes. But the expenditure upon so maize afloat to the United Kingdom:
1897.
This week.
Last loeefe.
1898.
large a military force is considerable and the Government
2,180 ooa
Wheat
qrs.. I,o3o,000
1,555.000 1,395.000
may have to remit more gold. That, however, is quite Floor, equal to qrs.. 315.000
425.000
375,000
370,000
495 000Maize
1,140.000
780.000
qrs.. 1.020.000
uncertain.
Meantime the India Council continues to sell its drafts exceedingly well. It offered for tender on Wednesday 35 lacs
Enelfsli Financial Itlarkets— Per Cable.
and the applications exceeded 3263^ lacs. The whole amount
The daily closing quotations for securities, etc.. at London
offered was sold at prices ranging from la. 4 l-16d. to Is. i}^^, are reported by cable as follows for the week ending Dec. 15.
per rupee. Forty lacs will be offered tor tender next week.
The following return shows the position of the Bank of
i^W.
Tues.
Wed. Thur$.
London.
Sat.
Man.
England, the Bank rate of discount, the price of consols,
27
27
2714
27 14
2714
d.
Silver, per ounce
14
21
14
&c., compared with the last three years
Sg
1899.
Nov.
1898.
£
Circulation
Public deposits
Other deposits
Government securities
Bankrute
13,340,990
32.014.391
19,335,749
Consols, 2Ji per cent.
Silver
Clearing-House returns
31,13'J,689
32,189,67a
418-16
49H
4
llOSi
27 9- led.
168 8iO,(.Ou
148.864.C00
sr.
£
27.342,840
7,954.978
86.512,729
13,676,816
27,777,479
2l,8?4,530
82,877,370
18 15-16
3
81,8l8,efl8
f6
1025-16
27 5-lfld.
1896.
Dec.
I.
J£
gT.lTl.OIS
6,198,360
87,702,219
10.414,640
29,414,794
89,17.^.894
percent.
Dee.
£
28.594.940
7,579,036
Other securities
Reserve of notes and coin
Coin & bullion, both dppartm'ts
Prop.reserve to liabiliiips..p.c.
1897.
Nov. 30.
•i9.
26.150,285
6,133,5>-5
42,448.987
13.762,9o9
2e,461,4ia
26,225.273
85,581,t08
63 13-16
4
112%x
lUWi
27ka.
2«J6d.
ie6.lio.000
171,792,000
+ iNov. 30.
The rates
for
monev have been
as follow.s
:
Interest alUnoed
for deposits by
London.
Bank
8 Month».
Nov.
••
••
17 6
456
'•
24 5
6
Dec.
m
4«
m
m
i^
6
6
4S
6J<
6H
3H
SH
3H
3«
frH
6U
6
e
4
iH
4!^@4J<
4H
i%
5«
6
1
6 Month*. 3 Moa.
4 Montha.
iH
iM
3 6
10 6
Joint DiB'tH't.
Stock At 7-14
iMoa. Banks Can Bayi
Trade BilU.
Bills.
3«
3«
3«
8H
3^
4
iH
39i
3H
35«
The Bank rate of discount and open market rates at the
chief Continental cities have been as follows
1216
Mo. Kan. * Tex., com.
N. Y. Cenfl & Hudson.. I4II2
>«. Y. Ontario & West'n
25
Norfolk
& West'n, pref.
Northern
Pacific,
Dee.
Nov.ii
I
Nov.
Nov.
17.
10.
com,.
Preferred
Pennsylvania
Phila. ARebd
*Phila.& Read. ,1st pref.
•Phila. & Read. .2d pref.
Southern Pacific
South'n Railway, com..
Preferred
.
Union Pacific
Preferred
Wabash preferred
•
Interest at
Bank
Bate.
Open
Bank
Market Bate.
Paris
Berlin
8
3
e
656
Hamburg
6
6
6«
Brussels
6
5
iH
4«
Vienna
6
556
Frankfort
Amsterdam
St.
Petersburg
59s
6M
3
e
6
6
6
3
m
656
3
6
8
4
6
6
6
8
6
6
6
Open
Market
3
6%
3
6
5H
5T6
6
6
6
6
4%
*H
6
656
5«
6^
3
*H
6«
6
6
6«
4
Bank
Open
Market BaU.
5
6K
Copenhagen....
&
Open
Market Rate.
6
6
Madrid
Messrs. Pixley
November 30
Bank
5H
6?i
4
S
4
3
6
6
6
6H
Abell write as follows under date of
12
140ifl
11%
64
541a
55^8
7958
77%
95H
3n%
961*
3II4.
123
20
73
12%.
122
191a
73
121a
36%
36
115
115
83%
8214
1138
11%
Ilia
1331a
2412
137
24 14
69 14
138
139
63^
24ifl
70ifl
2«%
2412
701a
56ifl
56I4
701a
56
56
78
69
10
77
76%
76%
68 14
6778
b7ia
9)4
2878
28B8
91a
5538
7579
671a
912
2858
281a
27ifl
27%
71»e
10
69%
5«i«
763a
67%
91a
15
15
14%
14%
14i«
1468
4218
4138
12%
3938
1218
40 14
12%
4058
1258
5738
58I4
5038
4978
78 14
77 1«
50
77
4016
121a
5714
491a
761a
22
22ifl
2218
22
,
Bates of
10138
101%
1011)18 102i,e
100-60 00-57i«
66I9
6668
20^8
21
IOII4
1011*
Consols .new. 2% p.cts. 10113,6 101
1011B,B 10168
102 ^
102
For account
00-.'i7i«
100-60
100-50
10050
Pr'ch rentes (in Paris) fr.
67 14
6618
6558
Spanish 4s ..
661a
22i«
21ifl
21
22
Atch. Top. & Santa Fe..
6578
6538
64%
Preferred
65%
55 19
Baltimore & Ohio
57
56
561s
8314
Preferred
82
82
801a
97 14
96
Canadian Pacific
9(4
SS'e
30S8
3058
31
Chesapeake (te Ohio
301a
12378
124
Chic. Mil. & St. Paul... 126
125
20i«
1978
20
Den. & Rio Or., com.... 21
74 14
74
Do
do Preferred 7579
74%
12 ''s
1278
12%
Erie, common
13
3658
1 St preferred
3758
37
37
116ifi
Illinois Central
117
115% 1151a
8258
Louisville & Nashville.. 85 14
8416
83 "8
58
I212
57I3
4939
7658
2II2
56
48I4
76%
21i«
Price per share.
tommtrcial autl fl^isctllKntoxxs ^tws
—
Imports and Exports for the Week. The following are
the imports at New \ork for the week ending for dry goods
Dec. 7 and for the week ending for general merchandisfr
Dec. 8 also totals since beginning first week January.
;
FOREIGN IMPORTS.
For week.
Dry Goods....
1896.
1897.
1898.
1899.
S2,066,833|
9,033,049.
$1,466,779
5,044,592
¥1,534,862
5,395,570
il,668,f69-
811,0.^9,882
$6,511,371
$6,930,432
1^3,517,412
Gen'l mer'dise
6,848,74*
:
Gold— The supplips have been small, and although the Inquiries have
been less, they have sulBced to clear the market of recent arrivals.
With a rise ia the Bank rate to-day to 6 per cent, there at length appears some chance of the Bank becoming a purchaser. From the
Bank £745,000 has been withdrawn, all of which has gone to South
America. £1^,000 in French gold has been received. Arrivals— South
Africa. £12,000 Aus-tralia, £5,000; total, £17.000. Shipments Nov.
22 BombHV, £22,000.
Silver— With some pressure from New York, and no further Eastern
orders for the time being, the market fell awav to 27i8d., when with
renewed Eastern demandard adequate supply the price rose to275i6d.
for immediate delivery. The market is inclined to be weak at the
close to day. The Indian rate is R?. es'^s per 100 Tolahs. ArrivalsNew York, £194,00u; Australia, £26,000: total, £220,000. Shipments
;
:
Bombay, £60,000.
Mexican DoDars— These coin remain nominal
Nov. 22
Total
Since Jan.
1.
Dry Goods
$97,076,963
ff86,l24,739 $114,056,208 $101,303,504
Gen'l mer'dise
387,41-.i,534
314,321,746
Total 49 weeks $4 84,489,497
»
1
341,587.777
319,062,022
400,446,4 85 $455,643,9?5 $420,365,526-
of dry goods for one week later will be found
our report of the dry goods trade.
The following is a statement of the exports (exclusive oil
specie) from the port of Ne^ York to foreign ports for the-j
week ending Dec. 11. and from January 1 to date.
EXPORTS FROM NEW YORK FOR THE WEEK.
The imports
]
in
:
In the
absence of
dealings.
The quotations
for bullion are reported as follows
For the week.
i'rev.
Gold.
Nov.
Nov.
Silver.
Nov.
iMTidon Standard.
3U.
23
London Standard,
30.
s.
Bar
gold, fine
oz.
U. S. goM coin...oz.
Germ'n gold ooln.oz.
French gold ooln.oz.
Japanese yen
oz.
77
76
76
76
76
d.
s.
d
d.
23
d.
11 9ifl Bar silver, flne...oz. 276ie 275j6
76 5
Bar silver, contain'g
5
6I3 76 6I3
do 5 grs. gold.oz. 2713,, 27i3,e
6I3
do 4 gre. gold.oz. 2738 2738
61s 76
5
do 3 grs. gold.oz. 277,e ;277,«
76 5
Cake silver
oz. 297„ 297,8
dollars. oz. 26-8
1898.
10,559.112
427,943,672
$9,0 25, 8 16
446,279,831
I
$8,399, 140'
$6,007,034
391,464,003 358,456,920-1
Total 49 weeks $438,502,784 $455,303,647 $397,471,037 f366,855,06M
The following table shows the exports and imports of I
specie at the port of New York for the week ending Dec.
and since January
1. 1899, and for the corresponding periodai
'
in 1898 and 1897.
M
BXPORTB AND IMPORTS OF SPECIE AT NEW TORK.
l267e
Exports.
The following shows the imports of
United Kingdom
season compared
cereal produce into the
during the first thirteen weeks of the new
with previous seasons
IMPORTS.
1899.
1898.
1897.
Imports ofwbeat,owt. 16,549,500 15.084,200 16,858,600
Barley
5,235,700
9,329,800
6,200,794
Oats
5,006,600
4,197,870
3,790.120
Peas
985,400
601,420
76!>,000
Beans
486,500
675,210
991,950
todianCom
15,904,800 11,719,700 10.962,000
Hour
5,618,300
4,932,530
4,111,700
1896.
1897.
ffov.
9ifl
Mexican
reported
1899.
Week.
Great Britain
France
,
Germany
1896.
17,140.230
7,892,160
5,446.591
1.161,625
967,930
16,319,080
5,613,440
Imports.
Gold.
West Indies
Mexico
South America
All other countries
Total 1899
Total 1898
Total 1897
$84,839
SiTieeJan.l
$9,026,000
7,397,580
3,250,000
5,775,145
39,712
486,772
145,246
$84,839 $26,119,455
767,785 10,279,169
21,306 29,860,941
Week.
[Since -Jan. 1. J
$6,379,989
2,933,05«l.
$3,639
6,907
14,255
600
1,128,13»|
2,219,76»
686,017
594,209
96,837
$25,401 $14,037,99*
917,374 97,546,685
42,865 13.607,817
December
THE CHRONICLE,
16, 1899.]
JirporU.
Imports.
Coinage by United States Mints.—The following etatement, kindly furnished us by the Director of the Mint, shows
the coinage at the mints ofthe United States duiing the month
Silver.
Week.
Oreat Britain
France
Since Jan. I
Week.
Since Jan. 1.
«'40,674,''98
,
$451,084
10,308
^,026,595
238,3C0
535,634
9,600
147,601
10,856
Germany
West Indies
Mexico
South America
All other countries,
Total 1899..
Total 1898
Total 1897
tl75
621,909
3?,222
55,054
4001
1,597,832
992,721
57,650
$93,851
121,900
64,352
$3,736,873
2,661,344
2,960,04»
Pieces.
Double eagles
RBCBIPT8 AND DISBURSEMENTS
SOH
o a
s s BJ
•
tt
e
PD -^ 03
71
^"^
"t 1
m
m
9a
1 2.*
0.0.
B^
Qoaoy
00 OD
coco.,.
:
.''
:
:
-.
:
:
•
Uf
B
eo*.
c»
o o -. ce
to-.
tseoCT
Total gold
578,420
6,643,700
8,472,448 103874267
950,000
1,696,000
2,144,000
2.780,000
950,000
848,000
536.000
878,000
14,062.519 14,062,619
8.390.930 4,195,466
15,516,519 3,879,18«
,._.
20,378,012 2,037,801
7,570,000|
2,612,000
68,347,980 24,174,915
2,830,000|
11,387,000|
141,500
113.870
22,328,254
36,571,254
1,116,418
Total minor
14,217,000|
255,i70
58,899,608
1,4S2,12S
Total coinage
22,365,42ol
o -1
w
CD 00
coo
•ICu
teoo
I
o
too
CC
to
to
ex jo
o
OCT-ICXU —
——
ts
CO
-lO
00
CXW
ii^
to
o
o
too (9 O Oslo
ooo to -1 coo
CO CO cxo too
ex
o
CO— -100 OD
-3— OCD.OO
QO
OOOOOODOOO
to
00-. .OCX —
01 ex- -3 o CO 00
"oto
— CO
»J
w.
— CO
BtO-l
tO>'
to to
-loo
oexo
CO cxo
te —
A — -1 to
-J ex -I
eo 0:
« — -J
I
I
I
Oto
CXO
to—
— toot
00 -)
to"co"ccoo>"to
— <S«>OC
* -lioac— ODO
<c<-
Amer.
poo
OD-CO
oto
TO*
to—
coco
— ® -Jex
os
w—
I
—coo
I
00
ex
ex
-1
too©
eocoo
I
00
I
''
CO
—-Oi ^
aecote^
oo-ieo
O 00*9
gS"
g--
I
^'^™ January, "Mlscellaneons" 1898
n— "i'i*"^
Seceived
from Union Pacific Railroad purchase t897-98
•Dductedfr .m March. "Mlscellaneons" 1899.
Kecelved on account of Central Pacific IndHb'edness
• Deducted fr.m March, "Miscellaneous"
1898.
Reoelved from Kansas Pacific RR. purchaso 1897-8
• Deducted from April "Miscellaneous"
18»8
Kecelved from Kansas Pacific Railroad porchase 1897-98
•
>
C
*8,538,40] 00
>
C
>
»1 1,798,314 14
.'
-
Including
parent
f
""
$3,651,500
j
C
Wire,
pf, (qu.)
)
. .
pref. (qu.)
"
(extra)
Pennsylvania
• *
lou
-j«.cx
&
Lead & Smelt, (qu
New Haven Iron A Steel
N. Y. & East River Ferry (quar.)
OtO<»
<oe
CO*
tococo
(extra)
Knickerbocker Ice, Chic. pref.
"
"
com. (qu.)
Mergenthaler Linotype (quar.)
Mp
CO
Zinc,
Havana Commercial,
I
I
la.eSI.SOO
of $20,000,000 Treaij- obligation with Spain.
Jan.
Jan.
2i«
Steel, pref
P. Lorillard Co., pref. (quar.)..
Pressed Steel Car, pref. (quar.)
Royal Baking Powder, pf. (qu.)
Standard Coupler, com
"
"
pref
„
Street's West. Stable Car Line..
Swift
& Co.
(quar.).
Union Ferry (quar.)
Union Switch & Signal, pf.(qu!)'
United Gas Improvement (qu.)
United Shoe Machinery, pf. (qu.)
.'.
,,
"
"
''
United States Oil (quar.)
"
^
com....
"
Books closed.
(Days inclusive.)
15 Jan. 7 to Jan.
2 Dec. 16 to Jan.
15 Ddc. 31 to Jan.
30 iJec. 17 to Jan.
5 Jan. 12 to Jan.
5 Jan. 12 to Jan.
2 Deo. 21 to Jan.
1 Dec. 22 to Jan.
•i Deo. 21 to Jan.
—
1'
16
2
15
1
22
22
2
1
4
to
Dec. 16 to Dec. 31
1
20
Jail.
50c. Jan.
1
Jan.
$1
Jan.
Jan.
Jan.
Tan.
213
Boston Klectrio Light (quar.)
Electric Vehicle, com. (quar.)
Empire Steel &Irou, pref
Federal Steel, pref
tSi-i
IH
IH
Jan.
Jan.
Jan.
•'
'
I
5
Ajnerioan Steel
SCO*.
2
Colonial
......
Franklin, Brooklyn (quar.).'
„
-toa<»
"•"-ex
1
Jan.
Irilscellaneons.
Ajnerlcan Beet S agar, pf. quar.)
X.OO
exoto
2
5
4
3
Companies.
Kni ckerbocker
Manufacturers', Brook'n (quar.)
*'
9C0I-'
1
1
o
2l2
Guaranty
onoo
JCO«<
2
20
(quar.)
.
o»
-J-1
0-)0
'Vjo'Vfl
p
pp — — — ^
CO
I
oto
o«po
oik«
Jan.
Jan.
Jan.
DfC.
Feb.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
1
2i«
"
"
(extra)...
1^*1'.. .
Fifth Avenue. Brooklyn
National Bank of North America
Triisi
too*.
000— Vex
et -4 ex to -100
*to — excx —
CO too
-J "-00
ex»-»-'
O-i0D.^CX
CO -J 00 CO ex <i
o^co*»
190CX
"to
Ob
peo
-.A*-)
Rankn.
tscooo
woex
-100 ex
ocoo
Railways.
Avenue Bank
Fifth
tow
excoco
..
Chicago Union Trac, pr. (quar.)
Cincinnati Street Ry. (quar.).
Newp't N.&OldPt.Ry.&Elec.pf.
Readine(Pa.) Traction
United Trac. & Elec, Prov.(qu.)
Wash. Wat. Pow. SpokancWash.
to ex CO
-•coo
oto.a
extra.
Rich Fred. & Pot. com.&div.obli.
Rutland, pref
Worcester Nashua <fe Rochester
Str««et
Vexoe**
o>^ao
—
— -J
CD 00 V.
00
O
000 OCX .^
—
—
I
2,
>itoco
1^
CO
OOCOifc.
*p wtsp
eoao»
I
to -I CO
cooo'^
--
O
—
tow — 000
CO— to r-i
OOCO -'COCO
I
• to to
cxo —
j^oo
y0-1'^exCT
—
o
ODtoco**
cxtoto
a»o«*
tSOOCX
000^000
I
CO
i-coex
— tocxcotx
Co"-. VI
00000
cxo oco as
CO-
«^
exts
09 CO
flocD®
o«e
touo
00
— cocxotoo
ex
•] eO -ICC coo
o
Ml
« oioo-'ce
OODOD.O-3-}
*.ee
exts
oto
(SO*.
"
Oregon RR.& Nav., pref
Quincy RB. Bridge
-ICOO
CTOO
tSH-tOtXifc
o »< -] .0 a>
00 « — to o 00
ex CO -I 4^00 >-
CO
»o^
"
I
Payable.
2
com
Pacific,
'
„
«0 AOCO
to
00
-J
-]3DO
00
Northern
«-
0.0.(3
00.6.0
coo AOO
cxoo cx'^o
0000 -*-JO
oco
teo
oco
01 ex
00
CO
&«]*
-JOfcO
as
00-1
^s^8
tecooco«.co
if^
oco
00
-00
Railroads (^team).
Denver & Rio Grande, pref
Manhattan Ry. (quar.)
I
Minn. <fe St. Louis, 2d pref
N. Y. N. H. & Hartford (ouar.).
o 00
CO -• CO -} CO o
— tON^O.O«k
000^.0
eooo
l\
s
•
—
When
Per
Cent.
:
365,712
9,611.070 125,719,936 129531307
Name of Company.
I
X CO
COOcO
*» to
itfc.
"O
OB
«>ex£0
« «
-3CO
ex
00 ex-]
Five-cent nickel...
One-oeni bronze. .
2,940,000
01 VIDENDS.
I
(OCOCOOM
jrco
05 O
CX <!"»
«D O
O tONrf
it^eo
—
•
•
:
_>-
ODO
:
S -S: f
00
^b3W06350
o
-
«8SC0
COh0D4k to
ots
0>
UiODrf^COrf^
00
OS
2 ''
5*
<!>
»- (B *. 0.JO
®^cx
o CO ex 00^
OOOOOCOO
00
oin
ooo
g
^00.-. (OCT
.<^
OCX
too
000
*
ootoocococs
I-,
go
o^cntOK
(0*^0
ai<o
tecs
2.3213
CO
•l(0->l«.iOO
*.o
teo
sua
.
iowooo —
00 ex ex
10 »-
lies
000 — CD as 1^
w»
-100
.
oH
.
.
.
OJO^"(0'"-0
CXO
aio
Ota
:
.
WO
RCO^ ^«]00
tsoo
£
>1 CO
to too* en
•10
otto
:
c
co«}coao<
Total silver
5S
I
-]cso>aoa»
one
»ca
Bh
—
:
cootosto
-00
•
•
:
3
^
Bgg
o.g
—ft
— £sQ
.::::*«
O
IS«9M00<k0O
CROO
MOi
a
:
S»
:
.::::
q
o
-
•
•
s
goo
ODO
•
:
.
.
-
<
»o 3
S-B?:
SB PS
= 5.co
9
498,500
38,000
Dimes
7i
Vaiu*.
3,502.594 70.051 ,R80
1,802,267 18,022,670
3,152.300 15,761.500
15,287
38.217
(000 omitted.)
d
Piece*.
3,169,^^00
Half dollars
Quarter dollars
month of November. From
Valtu.
147,000
316,920
99,300
15,200
Dollars
previous returns we obtain the figures for previous
months,
and in that manner complete the statement for the eleven
months of the calendar years 1899 and 1898.
Eleven Montlu 1899.
Eagles
Half eagles
Quarter eagles
liOVERNMENT REVENUE AND EXPENDITURES.— Through the
22
of 1899.
Novembtr, 1899.
I>enomination$.
oourtesy of the Secretary of the Treasury, we are enabled
to
place before our readers to-day the details of
Government
•2.
November and the eleven months
or
5,3b9
«l,016,129 $43,643,284
1,437,740 45,010,2471
898,029 44,186,900!
receipts and disbursemerts for the
1231
6
3ifl
17 to Dec. 21
21 to Jan.
1
24 to Jan. 9
21 to Jan.
1
16 to Jan.
1
Deo.
Dec.
Deo.
Dec.
21
21
21
27
to Jan.
to Jan.
Jan.
Jan.
1
1
to Jan.
2
2
to Jan.
Dec. 21 to
Dec. 23 to Jan.
Dec. 22 to Jan.
Dec. 21 to Jan.
Dec. 2t to Jan.
Dec. 24 to Jan;
jJan.
2
2
to
Dec.
Dec.
Deo.
Dec.
Deo.
1
1
1
1
1
—
—
Jan.
3
to
Jan.
2 Dec 17 to Jan.
$1
Jan.
1
to
'Z
Jan. 15 Jan.
1 to Jan.
2
Dec. 29 Dec. 21 to Jan.
3
Jan.
2 Deo. 24 to Jan.
3
Jan. 20 Deo. 21 to Jan.
Jan. 15 Dec. 31 to Jan.
3
Jan.
1 Dec. 19 to Jan.
1
Jan.
1 Dec. 19 to Jan.
'i^
Dec. 28 Dec. 17 to Jan.
212
Dec. 28 Deo. 17 to Jan.
20c. Dec. .10
to
1\ Dec. 15 Dec. 2 to Dec.
1% Jan. 15
to
2
Jan.
1 Dec. 24 to Jan.
1% Jan. 15 Deo. 16 to Jan.
H« Jan. 2 Deo. 19 to Jan.
Deo. 30 Dec. 23 to Jan.
4
Dec. 30 Deo. 23 to Jan.
3-50 Jan.
1 Deo. 24 to Deo.
1\ Jan.
2 D^c. 17 to Jan.
Jan.
2 Dec. 21 to Jan.
II3
Jan. 10 Jan. 1 to Jan.
2
Jan. 15
to
ll«
Jan. 16 Dec. 20 to Jan.
2
Jan. 15 Deo. 20 to Jan.
75c. Jan.
1
to
500. Jan.
1
to
1>4
Jan. 15 Deo. 21 to Jan.
1%
—
—
—
—
—
15
2
2
5
14
I
1
1
1
15
1
14
2
1
1
30
4
2
10
1
1
(extra)
To make the figures conform to the Government
state- western Union Teleg. (quar.)
ment, the amounts mentioned in above foot-notes
added to tbe Receipts or Dishursemenhs as indicatedshould be
therein
New York City, Boston & Philadelphia Banks.- Below
We have deducted those items, as they do not belong
to the we furnish a summary of the weekly returns of
regular income account, and if included
the Clearing
would "i^i^urD
disturb tne
the House Banks of New York City, Boston and Philadelphia
comparison with former and future years.
The New York figures do not include results for the non. .
member banks.
Treasury Currency Holdings.—The following
comnilju
based on official Government statements
Capital <t
indicatS
Banes. Sarpius
£
tion,
currency holdings of the Treasury on the
October,
November and December,
first
of SentemW
September,
1899
Nov.
TBEASnBT NET H0LDIN08.
Sept.
'•
Dec.
1, '99.
Oct. 1, '99. Nov. 1. '99.
Dee. 1, '99.
Boldingt in Sub-Treaiurie*—
t
t
•t srold coin and bullion
.248,757.971 854,328,820
862.223,797 3S9,744,P05
etsilTer coin and bullion
4.780,097
6.829,717
9.315,147
10.822,408
U. 8. Treasury notes
806,648
1.210.105
Sl««t
984,386
1,584,600
•t leKal-tender notes
17..S80.696
.
15.856.416
15,681,350
15.264,04'
•t national bank notes
.
8.632.408
3.640.442
8,H99,481
4.006,288
Met fractional silTer
4.130.102
2,477.671
8.379.613
3.187, 384
Total cash in Snb-Treaa's net.87»,.547,8n 283,343,071
284,533.724 274,009.619
Amovnt in national banks
80,W81,454
83,183 .764
8i,
.
.
!_
Cash
In
banks*
|B«4act other
sub-treas... 860,499.266
liabilities. 'net.. 81,146,893
_Aol»*l cash balance
•
I
279.352.878
"Chiefly disbursing officers' balances."
050,939
82.209,601
366,526.885
78,881,228
866,584.663
366,819.820
70.002.780
287,896,618
289^^{^
77,193488
886,816,44^
Loans.
N.Y.18. 138.606,4 679.782.2
25. 138.S06.4 676.636.4
2.
138.506.4 683,169.8
„'
Specie.
Legals.
Deposits.*
$
1387783
1420108
1463146
1439691
$
$
»- 138,606,4 881,464.8
Nov.25. 67.861.9 192,038,0 16,124,0
Bon.*
Dec.
"
2..
S7,e6l,0 191.810.0 14.348,0
9. 67,661,8 190,007,0 13,674,0
Phila.'
Nov.aa
Dec.
••
2.
9..I
86,345,4 139,410,0
86,346.4 138.894,0
36.345,4 138,631.0
47,118.9 738,836,9
49.131,1 737,968.0
60,241,7 748,078,0
" ,085,6
48,Bll,£f744
—
7,803.0 206.384.0
7,100.0 303.S13.0
7,063,0 203785.0
40,791,0
41,643,0
40,708,0
160,879,0
161.604,0
169,342.0
CUarlngi.
Oirc'l'n.
$
$
16.462,3
18,471,6
18,480,9
16,411.8
12848848
10867628
10891370
11140864
6,447,0 141,670,6
8.496.0 114,668.8
6,390,0 143.383,3
6,676,0
6,689,0
6.577
96,360.9
86.6e!8.9
88.360.2
WeorrUt two cipher* in aU thete ;l<mrM.
t lnoladln« for Boaton and Philadelphia the Item "doe to other
bank* "
•
New York
City Clearing House
(jQDdition for the week
average of daily results.
cases,
Banks.—Statement
ending December
We
of
based on
omit two ciphers foo) in all
9,
'
^
J
IHE CHRONICLE.
232
mttDi. ot
New
Legale.
Specie.
Deposits
$1,038,0 $11,880.0
2,466.0 20,643.0
19,164,0 2,107,1
1,411,8 13,102.5
11,921,7 1,748,3
789,0 10,224,U
2,177.(
10,072,0
1,479,8 19.988,2
17,987.8 3,438,6
3,963
164,0
7C5,<
4,324,0
2,826,4 104,971,3
80,113,6 27,886.;-t
1
22,897
2,106,3
23.010,0 4,226.2
4,966 2
439,9
773,7
4,649 9
6,151,9
684,1
7,709,5 l,023,l<
1,276,9
74,2
397.f
1,048.2
2,201
194,0
201,(
2,079,0
9162
172,6
10(1.2
987,6
3,730,
178,8
969.>3,762,7
4,729,1
838.C
301,7
3.462.8
3,216.1
546,6
223,7
3,848,6
1,496,0 21,162,0
27,479,0 3,609,0
2.689.7 18,084,2
25,603,9 l,704,f
4,927,4
182,1
920,4
6.866,1
753,8 12,021.6
11,232,7 2,211,t
3,267,3
230,f
358,7
3,038.6
1,007.9 18,484.2
17,606,1 3,484,1
6,079,3
863.7
598,3
6.108,7
2,741,2
326,'f
436,1
2,056,5
11,964.7
786,1
10,740,5 2,24f,3
1,480,2 40 175,6
32,479,9 9,448,6
3,? 6 1,0
457,6
360,7
3,969,0
2,704,8
118,4
532,1
2,711,6
3.830 8
344,6
301,6
3,642,4
6,986.6
612,6
901.0
6,026.6
3,768 3
313,7
650.0
3,339,6
2,417,0 18,516.1
16,276.6 2,003,6
5 691,0
261,6
4.790.1 1164,2
2,190,1
247,b
364,4
2,120,0
941,0 23,486,0
23,762,0 5,012,0
867,0 46,329.0
37,496,0 11 B08.0
1,636.4
251,e
172,8
1,469,2
1,008.0 33,448,1
21.798,6 6,362.
823,0 13.017,0
10,095,0 3,636.0
8,2620
612,0
7,603,0 1437,C
2,866,6
65e,&
334.6
2,578,0
29,623,3
674,1
80.281.4 6,826,9
2,348,6
367.4
282,3
2,161,7
8,691,0
640,2
189,8
3.424,0
3,861,8
682.9
341,4
3,223,9
3,788,2
269,0
617.8
3,726,6
37,792.6
4,654,0
81,305,6 5,234,6
8,969.6
484,6
7,910,6 1848,1
8,334,2
806,2
193,8
2,601,7
4.829,4
433,6
468,0
2,924,9
11,499.7
421,7
9,841,0 3,530,3
7,303,S
466,6
6,467,4 1149.7
3,392,6
138,4
486,7
2.252,4
6,016,3
366,8
6,208,6 1,181,7
3.006,0
'413,0
808,0
2,743,0
11.364.0
1,269,0
9,620,0 1,676.0
1,687,8 32,605,6
27,397,8 681».»
4,247.0
541,3
494,3
4.133,0
383,4 13,164 1
12,880,2 a,936.e
4,710,9
105.1
4,904,9 1,094,3
8,328,8
303.6
503.6
3,861,4
4,034
286.1
724,6
3,631,6
3,720,0
213,0
697,7
3,480,9
1,733J8
229,0
284,2
2,307,1
YoTH. j$2,000,0 $1,931,8 $12,649,0 fl,9a4,(
Oo
Manliatiaii
Loan*.
Wapital Hurpl's
Banks.
2,115,6
1,087,7
2,118.3
2,746,8
243,1
4,818,6
6,698,9
187,3
1,769,6
76,3
126,8
177,6
3,050,0
Merchants'
MeohaniOB'
MS^'S
menoa
Phenlx
Olty
OhMnical
Merchants' Exoh'g*
aallatln
Butchers'* Drov'rs'
Mechanics' & Trad' 8
ereenwlch
Leather Manulac'rs
Seventh
Bute of N ew York.
Ainerloan Exchange
Oommeroe
Broadway
?'995'2
l-SxX'X
1,000,0
1.000,0
300,0
600,0
1,000,0
300,0
400,0
200,0
600,0
300,0
1,200,0
5,000,0
6,000,0
489,6
176,8
548.0
}'S92'S
1,000,0
MeroantUe
422,7
1,600,0
460,0
200,0
People's
1,000,0
America
North
1,000,0
Hanover
600,0
irrtng
600,0
CtttiBens'
500,0
Haesau
Fulton...
900,0
Market
1,000,0
BhoeA Leather
1,400,0
Exchange
1,000,0
Oontlnental
300,0
Oriental
Importers'A Trad're 1,600,0
3,000,0
Park
260,0
KaatBlver
P«)lflo
,
RepnbUo
Ohatham
&
Com
Fourth
MSS'R
^'SSM
300.0
central
second
Ninth
760,0
600,0
300,0
360,0
Bowerr
New York County.. 200,0
760,0
eerman American..
1.000,0
dbMe
100,0
Fifth Avenue
200,0
eerman Exchange.
200,0
eennanla
300,0
Uncoln
200,0
Barfleld
200,0
Fifth
300,0
Bankof theMetrop.
300,0
WestSlde
600,0
Beahoard.
2,100,0
Western
300,0
First Nat. B'klyn...
Nat. Union Bank... 1,200,0
Liberty
, 600,0
N. Y. Prod. Exch'ge. 1,000,0
260,0
Bk.of N.Amsterdam
360.0
Astor
600,0
Hide & Leather
piFst.
N. T. Nat'l Exch'ge.
3,698,9
3,696,2
1,681,8
1,042,3
400,9
932,8
893,0
294,6
537,6
3,678,6
388,4
872,6
273,9
991,2
163,2
1.661,8
664,1
389,4
6,734,0
8,271.6
147,8
3,036,4
612,1
778,a
169,6
7,763,7
63,0
666,6
410,4
297,2
1,486,9
1.211,6
672,7
780,3
811,6
926,2
828,4
916,3
376,7
666,6
1,163.6
638,0
1,238,3
410,6
364,7
363,4
178,7
240,2
Total..
merchandise and the Customs receipts for the eleven monthB
of the last
48,911.8 744,085.5
th.e
Reports of Non-Member Bauks.-The following is
the
for
banks
statement of condition of the non-member
result.
daily
the
of
averages
on
based
week ending Dec. 9,
We omit
two ciphers (00) in
oil cases.
Deposit. With
Leg.!
Loansdc
BANKS.
Capi-
Bwr-
Invesi- Specie.
(DOS omitted.)
tal.
piiM.
tntnU.
AB'k
Notes.
Net
Other
DeAgent. Bks.Ac posits
Olear'g
NlW YORK CITI
Borough of
manhattan.
t
$
100,0
300,0
Columbia
Eleventh Ward... 100,0
Fourteenth Street. 100,0
200,0
Gansevoort
200,0
Hamilton.
100,0
Home
260,0
Mount Morris
200,0
Mutual
Nineteenth Ward. 100,0
100,0
Plaea
100,0
Riverside
100,0
State
200,0
Twelfth Ward
Twenty-third W'd. 100,0
200,0
Union Square
100,0
Torkvllle
Oolenisl
—
Borough of
96,6 1,080,2
200,2 2,204,0
131,2 1,174,1
57,0 1,092,3
736.2
18,3
96,6 1,409,3
664,7
89,0
63,3 1,822,0
122,6 1,514,5
987,6
37,4
140,1 1,9430
934,6
113,8
163,6 2,745,0
79,2 1,165,1
973,0
56,4
328,8 3,013,6
163,5 1,590.9
Brooklyn.
Bedford
Broad-way
Brooklyn
Eighth Ward
Fifth
Avenue
Kings Countf
Manufact'rs* NaPi
Mechanics
Tradr'8
Nassau National..
National Olty
North Bide
People's
Mech's'
<ft
Sohermerhom
Seventeenth Ward
Sprague National..
iSrenty-slxth
Union..
Wd.
Wallabont
Oerman- American.
160,0
100,0
300,0
100,0
100,0
150,0
362,0
600.0
100,0
800,0
300,0
100,0
100,0
100,0
100,0
200,0
100,0
100,0
100.0
100,0
119,3 1,066,6
133,4 1,280,1
159,9 1,267,8
344,4
39,9
661,8
53,8
737.3
57,1
2,639,3
433,6
391,8 3.026,7
921,8
203,6
671,6 3,758,0
564,8 2,390,0
719.9
108,9
8549
127,0
642,9
63,4
468.0
71.4
316.0 1,113.1
476,2
64,1
318,2
57,1
667,8
86,9
876,9
18,6
$
16,4
68,5
98,0
69.0
61,6
80,0
9,0
64,7
49,4
69,0
46.0
23,6
184,0
9,8
200,0
27,8
48,5
63,3
106,0
60,3
48,7
49,5
88,3
58,9
119,0
141,2
96,1
166,0
61,1
99,0
164,6
99,0
281,6
88,0
$
$
i6?,7
138,0
222,6
166,7
28,9
92,2
66,1
149,0
253,8
224,6
86,0
83,0
137,0
78,5
291,8
96,0
1,281,6
6,0
2,155,11
54,8
1,364,1
1,288,1
669.2
—7
62,0
68,9
7
166,0
6,1
35,0
26,"6
90,4 169,3
15,0
91,6 134,9
13.2
39,8 160,8
68,2
61,4
23,3
10,5
65,3
21,1
36,3
86,7
26,5
36.7
215,5 226,4 482,8
166,8 141,2 167,0
96,2
13,0
67,4
123,0 247,0 600,0
112,0 272,0 324,0
32,4
61,2
12,1
40.3
36,8
31,7
89.1
36,6
27,3
54,1
37.7
9,6
10.0 152,0
111.0
76,3
19,3
8.8
30,6
17,2
8,6
79,6
39,8
27,7
27,3
18,5
7,4
100,0
117,7
110,8
8,7
6
18,5
12.0
11,2
6
9.6
40,0
26,0
1
23.0
60,0
13.7
8.0
2,0
1,0
81.9
1.8
1,498,:<
7l»,2
2,134.0
1,689,4
1,350,6
1,920,0
948,3
3,131,0
1,625.3
1,119.0
2,660,0
1,637.7
1,229,7
1,326,3
1,244,4
36,0
lstNat..StatenIsl 100,0
50,4
8M
436,4
866,7
Otbkr Citiis.
1st Nat., Jer. City. 400,0 745,6 4,766.2
Hud.Ca.Nat. J.C. 260,0 536,8 2,116,3
Id Wat.. Jer. City. 260,0 366,2 1,291,4
845,0
IdNat., Jer. City.. 200,0 211,8
1st Nat., Hoboken 110,0 438,3 1,869,2
883.0
88,8
Id Nat., Hoboken. 125,0
17.6
31,9
30,9
11,3
181,1
94,9
382,6
80,3
39,3
60,5
21,0
33,3
675
25,6
112,0
56,2
.
MONTH.
nbw york.
at
Exports.
Imports.
1698.
1899.
1898,
1899.
1898.
1899.
January...
February..
39,349,978
34.633.813
36,015.776
S8,149.094
Uarch
60,697,958
42,060,954
Aprfl
43,849.067
41.239,260
37.175.3:U
36,918,858 13,617,201
31,067,349 12,198,993
40,359.03P 13,564.702
37,477,254
33,238,131
11,626,239
May
46.475.218
33,405,50fi
37.189,335
46,358,853
11.682,49(
June
39,634,942
31,824.944
40,824.221
47.215.880 11,295,469
31,662,661 11,683,484
$
41.406,58Si
33.396,871
July
39,003,434
32,914.521
87,93-2,046
August
Beptember
42,557,341
33,227.08
42,367,534
41,979.217
32.119,230
October
46,446,435
33,894,124
42,584.507
84,933,864
.
November.
l472.0«4.«7t' 3«
Total..
1.
36,494,353 13.7f-0.471
39,395,057| 86,701,747 11,740,920
43.765.t89 41,203.935 13 272 556
12,683,614
40.005.318J 40,400,001
of gold
months have been as follows
MONTH.
May
3,162.080
1,232,710
l,057,84e
26,868,692
264.193
723,738
939,92fe
28.889.253
9.101,876
1,103,581
938,887
99,391
19,846,388
July
August....
September.October.
385,84 2
1,764,927
791.444
1,109.436
8,993,460
754,571
12.455,248
8,969,248
167369
9,616.015
634.041
19,930
76,227
84,927
68.000
14,4.-6,878
P7,564,P02
26s784,8(>7
Noyember..
Total
.
.
»
2,602,183
922,091
Exports.
1899
1899.
2.154,22?
$
4,643,99S
%
492.809
708,856
20,871
136.465
66.103
635,122
l,321,4fl5
June
.
Impnrta.
1898.
1
1.484,074
I
2,560,238
1,566,034
631,854
4,089,7 9«
1,896.499
5,058,893
964,646
2.036,456
3,714,622
4,083,672
1,008,371
l,608.5ie
649,098
1,089.636
3,673,74&
3.378,035
3.227,053
3,099,507
4,393 655
8,643,868
7,039.844
14.920.978
43,000,838
1,609,688
1,053.310
2,678.139
986,08<
1.011,030
Auction Sales.— By Messrs. Adrian H. Muller
Shares.
4
50 The E. A. Briegs Co
$101ot
42 St. Andrews Co...
5 Brooklyn Wharf &Ware-
$27
houee'Co
100 Amer. Enamel Brick
lot
&
10
Tile Co
50 Nat. Union Bank. ..378 to 379
Co.
S1.250
2.'0 Termi'l Warehouse
80 John B. Stetson Co.,coiu.l00i3
80 John B. Stetson Co. pref 119
.
,
.'iOSt.
0,981,309
.
1809.
1898.
714,496
April
10,188,897
SILVBB-NBW 70BH.
YORK.
Exports.
t
March
9,960,264
10,906,449
11,012,141
silver for the eleven
and
NB',»
Imports.
January...
B'ebmary..
8.232,760
9,384,838
:
MOVBMENT AT
1899.
10.578,089
9,164,201
3 -2.766 432.5«.''.672 426.610.79' 136.036.142 100.475,784
The imports and exports
QOI.n
10.464.000
10.602.736
Nicholas Skating
&
& Son
Shares.
83 The Adirondack Land &
Invest. Co. of N. Y....$31 lot
15 Internatlon'l Banking &
160
Trust Co
25 Westchester Trust Co. of
183
Yonkers
55
20 Goshen Nat. Bank
375
20 Corn Exch. Bank
411
6 Gallatin Nat. Bank
Ill
50 Twelfth Ward Bank
400
15 Morton Trust Co
90 Am. Exch. Nat. Bank... 188
411ia
12 Gallatin Nat. Bank
5 Woodlawn Cem.Co.$185 pr. sh.
27 Trust Co. of America.. .220
215 N. Y. & Staten lel'd Trac-
$100 lot
Ice Co
750 Universal Lasting Ma$30 lot
chine Co
144 .Sprague Eleo.Co.,com. $800 lot
56 Sprague Eleo. Co., pref.. 24
$10 lot
tion Co., pref
N. J. Fireproof500 N. Y,
Bonds.
$53 lot
ingCo
100 U. 8. Butter Extractor.$EO lot $37,500 Terminal Warehouse 70
Co. 6s, 1942, J&J
20 "Oesterreichisch-Ungdr$2 lot $20,000 Deutscher Verein Ist
isch Zoitung" Co
5s, 1911, with $1,500 scrip 49
400 Mich. Grape Sugar Co $31 lot
$5,000 N. Y. & N. J. Fire5 Live Stock Association of
prooflng Co. 1st 6s. 1905. 10
$2 lot
Ametica
<fe
1,400 East Tenn. Va.
RR
&
Ga.
$6 lot
$7 lot
100 Amer. Extractor Co
500 Eastern Plaster Board
$lllot
Co
120 Bay State Gas Co., N. Y.
1^
certilicates
11
27
100
100
2251^
Insurance Co
2\l
6th Av. RR. Co
Worcester Trac. Co., com. 30%
Brooklyn City RR Co. ..240
3980
Chemical Nat. Bank
Home
$7,500 Eastern Plaster
$16 lot
Board Co. bonds
$60,000 Lackawanna & 8.W.
$55 lot
RR. l(-t58, 1929
95.000 N. Y. City 31^8, oor,sol.stock,1918,M&N.lt6%&int.
$1,000 Certificate of L. E.
Waterman
& Co
$30
$10,000 Hecker-Jones -Jew-
81
ell Millng Co. Ist 68
$100 Atlantic Mutual Ins.
105J8
Co. scrip of 18S6
3
By Messrs. R. V. Harnett & Co.:
Northern
$1 0,425 25 OhligatiOBS of Receivers of Detroit & Lima
.^^JTX
Ry. Co.. Series A, due Dec. 1st, I89a
513,
741,0
3,009,0
3,008,0
886,0
8,966.0
2,630.0
616,9
Spencer
27
Trask &
BANKERS,
& 29 PINE STREET,
026,6
401,7
1,000.0
474,8
219.2
684.4
320.4
769,9 608,6 6,869.0
140,6
47,4 1,803,4
1,143,4
228,4
4'4'3
847
129,7
114,1
69,8 1,623,3
785,6
11.6
63,7
New York— Monthly statement.— In
addition to the other tables given in this department, made
up from weekly returns, we give the following figures for
the full months, also issued by our New York Custom House.
The first statement covers the total imports and exports of
j
....
NEW YORK.
INVESTMENT SECURITIESBranch
Members N. Y. Stock Exchange.
660,7
628,0
Co.,
Transact a general banking business, act as Fiscal
•*•
Agents for corporations, and negotiate security
Execute
issues of railroads and other companies,
commission orders and deal in
842
(>,7S5,7 i.52J,j\643io.7
7,040x5 60360,1 a. 7 17 3
9.
Totals Deo.
6,487,1 1,^38,2X64268,1
3. T^b2fi 7,940,S to,iQ7,4 2.540,83,663,8
Totals Dec.
t.503.5 i,8c7,3\64,oi7><)
Totals Nov, 25. }.3b2,o 7,Q40J tO,23S,2 2,b4<),7 3,683,0
Foreign Trade of
seasons.
819,4
Borough of
Richmond.
Bank ot tjtaten Isl.
two
Mbrchandisk Movbmknt at Nkw York. Customs reokiptb
-i
59,422.7 79.083.7 681,464,3'1439B91
[Vol. LXIX.
State
Office, 7
St.
Albany.
ALBXANDEK M. WHITB,
GBOBOB BARCLAY MOFFAT.
Moffat
&
JB.
White
BANKERS,
Members New York Stock Exchange,
No.
I
NASSAU STREET,
-
-
-
NE\ir
TORB.
INVESTMENT SECURITIES.
36
NASSAU STREET, NEW YORK.
FISK
& ROBINSON
RANKERS
INVESTMENT SECURITIES.
ROBINSON,
GEORGE
HARVBY BDWARD
FISK.
H.
Member
N. Y. Stock Rxctaan««
December
THE CHRONICLE.
16, 1899.J
laufejers^
For Diridends
see
rage
WAL.L. HTREET.
1233
1123^. The following are the daily closing quotations; for
yearly range see seventh page following.
(^ii^ttU.
Dec.
Interest
Periods.
1231.
FRIDAY, DEC.
15,
1899.-5
P.
M.
—
The Money Market and. Financial Sitnation. Various
influences have contributed to make this week a memorable one in Stock Exchange circles, causing extensive liquidation in stocks, especiallj" those of a speculative character,
and wide fluctuatioQs in shares generally. It is worthy of
note, however, as illustrating th-» relative stability of
strictly investment set-urities. that the better class of railway bonds has been generally steady.
Chief among the unfavorable influences is the financial
situation as represented by the money markets at home and
abroad and the market for foreign exchange at this centre.
While the local money market is less stringent than it was
a few weeks ago, if rates are a fait illustration of its condition, it is by no means easy, and rates abroad are at the
highest point recently reported. The Bank of England did
not advance its discount rate again this week, but is offering special inducements to attract gold into its vaults, and
the probability of gold shipments from New York to London has been one of the disturbing factors in Wall Street.
The effect of such a movement seems to have been discounted, as to-day's stock market was generally firm, notwithstanding the fact that $3,2'JO,O0i> of gold has been en-
•102
reg.
2s,
reg.
3s, 1918
coup
3s, 1918
38, 1918, small. reg.
3s, 1918, small.. c'p.
reg.
48, 1907
coup.
4s, 1907
reg.
4s, 1925
coup.
48, 1925
reg.
58, 1904
coup.
58. 1904
*
This
is
Dec.
11.
9
*102
Dec.
Dec.
Dec.
Dec.
12.
13
14.
15
*102
'102
102
102
*1C9% 109% 10978 109'8 110 *109%
109% 109% 109% 10978 10978 10978
i09% •10914
*113
*'14
1091.2 *109i4 'IO914
109<%
113% 1131>8
114% *114i«
113
113»^ *113is
114ifl n]438 11458
133% '134 134 133%
134I4 '133%
134
1341a *134
*112
*li2
•II214 ni238 11258 112%
*112l4
*112 *112
II212 '1120(, *112%
the price bid at the morning board no sale was made.
•i33is
;
—
Coins. Following are the current quotations
coins and bullion
Sovereigns
Fine Silver bars.. —
$4 85 ®$4 88
Napoleons
Five francs
—
3 84 ® 3 89
Reicbmarks. 4 73 ® 4 80
Mexican dollars.. —
—
Peruvian sols
25 Pesetas
4 78 ® 4 P3
Englisli silver
Span. Doubloons.15 50 ®15 60
$4
Mex. Doubloons. 15 50 ®15 60
U.S. trade dollars —
Fine gold bars... par @i4prem.
in gold for
:
593e® — ec*
93 ®
96
4714® — 49
43 ®
45
83 a$4 88
55 'a) — 70
—
—
XX
State and Railroad Bonds.— Sales of State bonds at the
Board are limited to $15,000 Virginia fund, debt 2-3s of 1991
at 85 to 85J^.
When compared with the market for stocks the railway
bond market has been dull and relatively steady this week.
Transactions in this department at the Exchange averaged
gaged for export to-morrow.
about $1,740,000, par value, per day, which were fairly well
One of the favorable influences to be noted was the distributed among the low-grade issues and in which almost
announcement that the Secretary of the Treasury would no high-grade bonds were included. Under the influence
anticipate the January interest, amounting to about |5,500,- of a highly erratic stock market and its causas, the active
A considerable amount of list of bonds declined an average of between 1 and 2 points.
000, on the Government debt.
currency has been received from the West by local banks This I'st includes Atchison, Baltimore & Ohio, Central of
and about $3,000,000 has come in from Canada.
Georgia, Central Pacific, Chesapeake & Ohio, Erie, Colorado
The open market rates for call loans on the Stock Exchange & Souther", Missouri Kansas & Texas, Northern Pacific,
during the week on stock and bond collaterals have ranged Reading, St. Louis & Iron Mountain, St. Louis Southwestfrom 4 to 15 per cent. To day's rates on call were 5 to 6 ern, Southern Pacific, Southern Railway, Union Pacific and
per cent. Prime commercial paper quoted at 6 per cent.
Wabash issues.
The Bank of England weekly statement on Thursday
Stock and Bond Sales. The following shows the volume
showed a decrease in bullion of £991,635, and the percentage
of reserve to liabilities was 4 2'40, against 44*30 last week; of business in stocks and bonds on the New York Stock ExThe change for the past week and since Jan. 1
the discount rate remains unchanged at 6 per cent
.— Week end. Dec. 15.-S
at
Jan. 1 to Dec. 15.
-^
Bank of France shows a decrease of 3,350,000 francs in gold If. T.Sales
Stock Exch.
1899.
1898.
1899.
1898.
and 2,350,000 francs in silver.
Government bonds
1139,750
$421,180
»9,9o2,590
$28,314,500
15.000
379,000
1,955,700
3,532,800
The New York City Clearing-House banks, in their state- State bonds
RR. and misc. bonds..., 10,141.500
89.680,000
799,012,900
842.269,310
ment of Dec. 9 showed a decrease in the reserve held of
Total
$10,296,250
$40,480,180
810.921,190
$869,116,010
required reserve of
$2,675,300 and a surplus over the
16S.(i44,069
stocks— No. shares
5.019,059
4,466,117
—
—
$6,859,525, against $8,536,700 the previous
105,249,710
week.
Par value
$479,659,675
Bank shares, par
1899.
Dec. 9.
DiffererCsfr'm
Prev, week.
1898,
Dec. 10
1897.
Dec. 11.
value.
We add the
Week ending
59,4<S2,700
Surplus
79,083.700
&
695,500
Lioans
dleo'iits. 681.464,300 Deo.
Circulation
16,411, 300Deo
69.600
Net deposits
744,085,500 Deo.3,992,500
Specie
Legal tenders
Reserve held
Legal reserve
Surplus reserve
Note.—Returns
143,969,100 Deo.l,H45,400
48,91 l,800|Deo.l,329,900
192,880,90o!Deo.2.675,300
l86.021,375I>eo. 998,125
6,S59,525iDeo,l,677,175
of separate
58,272,700
75.911.300
702,809,300
16,385,300
796,788,000
161,066,500
54,873,800
215.910,300
88,522,700
73,810,900
607,725,300
15,854,200
675,169,900
103,879,900
83,800,000
187,679,900
199,197,'i00 168,792,475
16,743,300
18,887,425
banks appear on page 1232.
Monday
Tuesday
Wednesday
Thursday
Friday
Total
The
sales
—
$328,575
$198,638
.
Stocks.
.
Par value.
Railroad, dc. State
Bonds.
Bonds.
1,110 592
668,966
1,070,760
1,086,309
592,847
$52,535,800
105,304,950
6S,780.350
102.479,525
98,814,600
56.744.450
11,350,000
1,978.000
1.2H9.000
1,767,500
1,969,000
1,838,000
5,019,069
$479,659,675
$10,141,500
$5,b66
10.000
$15,000
U. S.
Bonds.
$1,450
46,500
12,800
18,000
38,500
23,000
$130,750
on the Boston and Philadelphia Exchanges were:
-Boston.Listed Unlisted
shares, shares,
Saturday
24,820
54,080
33,576
41,188
78.002
Monday
Tuesday
Wednesday
Thursday
Foreign Exchange. The foreign exchange market was
decidedly strong during the early part of the week and on
Thursday rates advanced to about the gold-exporting point.
These rates were not maintained, the market soon becoming easier, and has so continued to-day.
To-day's actual rates of exchange were as follows: Bankers' sixty days' sterling, 4 813^@4 815^; demand, 4871^24 8734-;
cables, 4 88J^@4 88)4; prime commercial, sixty days, 4 81t^
4 81)^; documentary commercial, sixty days, 4 80^ @ 4 82;
grain for payment, 4 82i^@4 82J^; cotton for payment, 4 80>^
@4 80%; cotton for acceptance, 4 8l@4 81 J^.
The following were the rates of domestic exchange on
New York at the under-mentioned cities to-day: Savannah,
buying % discount, selling par; Charleston, buying par,
selling 1^ premium; New Orleans, bank, par; commercial,
$16.2&4,.593,S25 $10,105,232,475
following record of the daily transactions
Dec. 15, 1899. Shares.
539,585
Saturday
Capital
$436,681,850
$1,000
sales.
$27,140
53,200
27,000
67,020
48.000
not received.
14,084
28,437
23.994
29,823
20,580
Telegram
Friday
Bond
Total
Philadelphia.Listed Unlisted Bond
shares.
shares.
9,883
15.741
16,930
21,360
19.796
19,311
11,677
23,059
18.486
21,322
18,299
15,600
102,821
108.443
sales.
$192,825
194.460
154,715
371,962
858,600
160312
1.438.874
—
Railroad and Miscellaneons Stocks. The stock market
has been feverish and highly irregular under the varying
conditions noted above. On at least three days the transactions at the Board exceeded l,000,(i00 shares per day,
which was
in part the result of forced liquidation. The
fluctuation in values that accompanied this movement was
most pronounced in miscellaneous and traction stocks, but
was not confined to that class of securities. As will be
seen by referring to the following pages of quotations, which
are this week exceptionally interesting, Pennsylvania covered a range of 3 points, New York Central 3% points,
Delaware
Hudson 4 points, Burlington
Quincy and
St Paul nearly 5 points, Lackawanna 7 points and Great
$125 discount; Chicago, 50c. per $1,000 premium; St. Northern preferred 9 points, while Brooklyn Rapid
Louis, par@25c. per $1,000 premium; San Francisco, 10c. Transit and Metropolitan Elevated covered about 6 points
per $100 premium.
and Third Avenue and Metropolitan Street Railway 13%
Posted rates of leading bankers follow:
and 18^ points, respectively,
feature in to-day's generally strong market was an advance of nearly 13 points in
December 15.
Sixty days.
Pittsburg Cincinnati Chicago
St. Louis on rumors of a
Demand.
favorable judicial decision.
Prime bankers' sterling bills on London. 82is'3>4 82
4 87>9'94 89
American Sugar Refining was by far the most active stock
Prime commercial
31 ®4 8II4
on the list; transactions in it during three days of the week
80ia®4 82
Documentary commercial
averaged over 180,000 shares per day and its fluctuations
23i6®22ifl*
Paris bankers' (francs)
5 1938®*18\
39lBig®40
Amsterdam (guilders) bankers.
40l4'a>405i6
covered a range of 22)^ points. The latter figures were
94ii6®94i8
Frankfort or Bremen (reicbmarks) b'kers
95®95ii6
exceeded, however, by Tennessee Coal Iron
Railway,
which, on a much smaller volume of business, declined 28j|^
* Less lie.
points, a considerable part of which it has regained. The
United States Bonds. Sales of Government bonds at the movement of other stocks seems narrow when compared
Board include $34,500 3s, coud., at 109''^ to 110; $1,040 ditto with the above, but New York Air Brake declined 15 points,
(small bonds), at 1091^ to 109^^; $5,0 JO 3s, reg., at 1093^ to 110; American Tobacco over 14 points, Colorado Fuel
Iron and
$27,500 4s, coap.. 1925, at 133^^ to 134^^; $8,000 4s, reg., Consolidated Gas 10 points, Continental Tobacco preferred
1925, at 1331^; $35,0J0 4s, coup., 1907, at 114^^ to 115; $22,- 7}4 points. Federal Sieel and American Steel & Wire 6
710 4s, reg,, 1907. at 113 to 113,^^^ and $5,000 5s, coup., at points, from which substantial gains have been made.
&
&
A
&
&
—
&
THE CHRONICLE.— STOCK PEICES (2 pages) Page
New York Stock Exchange— A Daily, Weekly and Yearly
1234
Saturday,
9.
•18
•«4
Tuesday,
Dee. li.
Dec. 12.
•18
148
81
80
4«
20
43
•18
•56
•93
58
B6
69
96
93% 98%
51% 52
•B3« »6H
can
30%
22«
68%
77%
Dec. 13.
80
•48%,
21%
64
54
79
78% 81%
*55
*98
93
Wednesday Thursday,
•18
20
•43% 46
91%
62M 63%
53% 54%
78
79%
76% 80%
%\H 81%
«SM 64H
64«
7955 80H
80H 83H
•06
•93
Monday,
58
96
93%
52% 58%
19% 26%
63H
52Wi 63%
75% 78H
78% 81%
•55
96
•93
51
114« 117H 116 117% 116% 117
114
29
30% 29% 31
29
80)4
29%
l«9«181i< 128% 129% 127% 129% 126%
40
40
40
41
"95"
"96%
•93
95
98% 98% 91
•192
186
129
14M 14H 13%
89
90H 91
80
81
79%
39H 40« 38
14M 14% 18
•46
48^ 46
121% 128% 120%
•17*
166
•201
178
166
306
123
123
185
170
162
•300
139
129
126
13%
88%
12^
39%
14%
14
90
80
39%
14%
13%
89%
81%
3fc%
204
•198
208
iiiMin« 109% 111% 109% 110%
175
88X
«0
106
46H 45
I6H 16%
• 16H
lie 117% 114
188K 183H 180
20
20% 19
73
73
71%
leM IBM •16%
16
9%
22
20
6%
45
16%
46
129
13
13%
88
88
79% 80
38
39%
199
14
91
174
174
•87
9%
115
88
123
91
189
•14
•198
119
•176
88
90
186
79
•14
16
198 801
I089i 110%
120 123
175 180
802
109%
119
180
15
14
45
45% 45%
11
14
45%
9
44
Do
46,68i
9,045
.
Do
pref.
Chic. Terminal Transfer.
Do
Do
&
St.
L.
. .
Do
A
Wheeling.
1,000
1,970
2,670
7,874
pref
9
9
Colorado Hid., TOt. tr. ctf s.
88%
9811
6%
6%
Do pref. Tot, tr. ctfs.
Col. & Son., listed May 34
Do
1st pref.
do
Do
3d pref. do
Hudson
....
Delaware A
el. Lack. A Western..
44%
18H 16%
115% 116%
476
100
pref.
Cler. Lorain
46
i",706
4,876
16,130
pref.
CleT. Cln. Chic.
544%
44
pref.
Chicago Book Isl. * Pac.
Chlo. St. P. Minn. A Om.
11%
61%
104%
13%
16
<
18
16
•6
11^
7
15
16
6
12%
36%
17%
•14%
16
16
16
«%
12
15
12)4
16%
17
6
14
16
879
602
.
Des Moines A Ft. Dodge.
Dul. So. Shore & At)
6
19
.
.
••••••
170
.
r'nB.4W.,deb
«%
7%
88% 33%
63
e8!4
118% 114
18
13
66% 56H
•10%
12
9
8%
•8%
7
7
82
32
62% 68M
111% 118
112 113
12% 12% 13% 13
•56
•10
4%
10% 10
8%
8%
•3%
4% •3%
•18
•79
•63
60
156
90
55
8%
20
20
81
•18
58
82% 83%
101% 102%
19%
20
20
80
80%
55
80% 82%
99 101%
16
•19
80
•2US
54
55
12
fc%
4%
20
21
80
210
64
8C% 82
ofs.
Deb. clfi. "B"
6% 6%
{32
82 Hocking Valler.
Do
62% 62%
6% 7
6% 6%
83
34% 32% 34
131% 31%
62% 68% 02
62% 61% 63
"A*
,
pref
111% 112% 110% 111
111% 112% IlUnois Central...
12% 12% owa Central
12% 18
12% 12%
65
10
55
10
•8
9
54
64
10%
11
18%
•3%
Do
53% 55
8%
4%
11
12
8
9
3%
pref
Kanawha &
Michigan.,
4 Gulf
Des Moines.. .
an. City Pitts.
4% Keokuk it
Do
pref
19% 19% 19% 19% 18% 20% Lake Krle it Western.
Do
79
pref
80
80
79
79% 79)4
206 810 '806 210 205 810 Lake 8h. & Mioh. South.
•3%
16
4%
20
16
20
•16
50
50
60
1110
63
•96
•80
•61
18
62
65
98
23
64
12
94
•20
60
36% 36^
46% 46
J41%
415«
11
38
44
40
64
97
22
63
4,818
Mar
3 May
16 Mar
7
128% 183% 136% 131
12%
76
18
•78
8a)t
•84
86H
93
83
63
10%
11
22
59
20
60
60
11%
12
11
35)1,
35
85
45%
44% 45H
38%
41% 46%
40
41%
43
•12% 14
80%
98
30
59
11
40
41
180
4%
12%
78
13l9t
4Jt
la
11
85
'184
13
60% 61%
93
83
181%188H 129% 182X
4% 4%
4% 4^
IS
64%
4%
19
58
34%
42% 43%
186
4%
13
81
4%
•13)a
75
4%
Do
4% NT.
4%
13
79
36
4,950
670
400
550
3,i2»
10,006
40,75(
1,025
42.35*6
*
....
83
100
....
. .
•910
218
94% 94^
"2*6%
'sfe'
68% 69
64% 64%
74% 76%
0r.BB.4N.Co.T0t.tr.cfs.
48% • 47% 60M
89
84% 86% 84
48
165
66
58
183
183%
131
5*%
70
88
4%
70%
88
19
19
66% 66%
29
89%
•
65
48% 49%
•84
58
90
64
•48
•84
64%
55?*
28
119
Railway.
NBfW YORK CITY.
Bieeok St 4 Ful F—Btook.
Street
1st mort 7s 1900... J4J
B'way 4 7th Ave— Stock
idmor
6s 1904... J4D
5s 1914.... J4J
1948— Sm Stock
B'way Sur.
1st 5s gu. 1934
9d oslnt as rental. 1905
C
antral
IstM
Ml Pk
Do pref., TOt.
47% Pacific Coast Co
47
82
Do
89
tr. ctfs.
Crosstown— Stock
6s 1923
MAN
N 4 B Blv—Stock
Oonsol7s 1003
J4D
(Given at foot op
Street Ralliyay.
Chrlst'p'r410tb St^Stock ISO
Col4 9th Ave 58-Sm Stock Bxohl 1st.
160
196
Dry D B B 4 Ba^— Stock
118
1st gold 58 1933... JAD J117
F4A 108 104
Scrip 5i 1915
390 400
Blghth Avenue— Stock.
108% 109
Scrip 6s 1914
.
.
400
,
43d 4 Or St For— Stock..
43d St Man 4 St N Ave.
72% 76
1st mort 6s 1910.. MAS 116% 117
91
89
9d Income es 1915. J4J
Lex Av4 Pav F Ss-Sm Stk Hioh ist.
Metropolitan— S«« Stock Hxohl Int.
.
1
2
9
78%Dee
84
1st pref
Street Rallwaye.
Ninth Avenue— Stock....
Second Avenue— Stock.
68
70 JaD
99 Deo
26%i>ee
Jan
i86%Dee
66
38
J'ne
ll8%Feb
Apr
18
Aofl
86
64
33
Deo
Dee
Not
11
J'ly
88%J'ly
6
14
14
13
5
7
Mar
84
35
83
Jan
6
5%Feb
1
6
33%Aug
6%Sep 18
Oct 25 116
35%Jan 6 78
78%Jan 7
8%Jan 34
Feb 10
39
10% Dec
30%May
38%J'ne
82 Jan
176 Jan
121%Jan
4%Dec
7%Mar li%Dee
Apr 43%Dee
86
Deo
5%Oot
Apr
86%Dee
Jan
s%J'ne
16
8
16
18
68
8
14
31
1
Jan 94
Aug 89
99%Nov 18
37%May 18
73 May 18
14%Jan 30
45)4Aug 31
58%Apr
4
%Deo l%May
99%Mar 118 Dec
84 Mar 88%Dec
46 Mar 78%Deo
6%Mar 7 Mai
10
Apr
14%JaD
88%Mar 41 Jan
23 Mar 46%Deo
84 Nov 89%refe
8 58 Aug 38
3 1187 Nov 24 ll67)4J«n
3 144%Mar89 105 Mar
5%0ec 3
14
{180 Deo
134%I>ee
18
65
.
M4N
Bid.
196
800
Ask.
805
806
108% 109
Ist mort 58 1909..
Consol. 58, 1948.. .F4A 116
810% 818%
Sixth Avenue— Stock
Son Bonlev 58 1946.. J4J tll3 115
113
So For l8t 58 1919.. A40 «108
Third Avenue— .Set Stock Bxoh list.
88th 4 39th 8U 1st 5b. '96 J113
Twenty-Third St^Stock. 396
J4J 106
Deb 58 1906
Union Railway— Stock... 190
Onion Ry Ist 68 '42.F4A 118
.
Sep
May 76%8ep
Apr 90%JaB
44%Mar 68 Dee
May 18% J'ne
96
Oct 28%An8
23%Jan 87
Oct 83 Aug
81%J'ly 88
808 Jan 94 170% Jan 216 Dee
40 Jan 59%An«
85 Apr 4
88%Oct 80 44 Apr 66%Deo
183%Apr 3 90 Oot 120%Jan
269 Mar 88 186%Mar 194%Deo
29%Nov 28
83 Nov 34
4% J'ne 7%Deo
17%Apr 37
t All asseosts. paid.
oonsboutivb PAQEa).—81 RBEl
7
Ask.
Bid.
15
18
14%J'ne
Jan 16
Do 2d pref
62
65% "6*4% "6*4?4 163
134% 131 133% 131% 13394 PennsylTania
8% 344
3% 4 Peoria Decatur & ETansT.
3%
71
69% 69% 69% 83 PltUb. Cln. Ohio. 4 St. L.
pref
85
89
Do
87
89
87
18%
18% 18% TJeadlng, ToUngtr.otfs.
18% 18
tr
otfs.
Xv
TOt.
pref.,
1st
65
56% 59
S3%
54
64%
52
55)4
38%89)4 88
28% 87% 88% 98% 28% 2d pref., Toting tr ctfs.
no sales on this day. I Less than 100 shares, t Kx div. and rights. » Before payment of assmt.
565%
OUTSIDE SECURITIES
Ck>n 6s
48% 48%
182k 130% 18a% 181
3
53%
3% 58%
3H
68% 70% 69% 71
69%
•87
88
88
87H 88
18% 18% 18
18% 19
Bid and aaked prices ;
Istmor
50
90
79%l>e«
Mar
Mar
ll%Mar 16%JaD
J'ne 89 19%Jau 83
Mar 7 85 Oct 81 78 Feb 76 Jan
400 89%May 34 41 Jan 83 38 Mar 40%Jaa
1860 Jan 25 1390 Mar 14 1330 Jan 1363 Oot
129% Jan 9 ll38%Marll 1130 Apr 1138 Not
1198 Jan 19 1833 Apr 80 ll78)4Jan 801 Dee
38%Mar 87 189iApr 10%D«0
31,020 18%Jan
60 Nov 66 Jan
70 May 15 8S%Nov 6
11% Apr l««<Dee
27",82C 17%Mar 17 88%Aug 88
48%Mar 68HDM
11,290 ei%Jan 6 74)4 Aug 83
19 Feb 44%D««
84
6«,1«5 49%Jan 7 67%Aug
8
81%Jan 96 56%Mar 70MBe»
16,041 72)40ct
86%Ja&
88 J'ne 8 68 Jan 88
68%J'ne 16 77% Sep 33 e6%Mar 78 Not
48%8m
84NJ'ne
868 88 May 11 64 Nov 1
79 Deo 01 i'no
813 84%Apr 18 90 Feb 90
67 Nov 60 B«p
148 68%J'ly 6 e8%Nov 1
76.187 193%Jan 6 148 Jan 83 110%Mar 198%De«
8%May
%J»n
7%Nov 88
1,776
1
Jan 19
88 Jan 83 38iiJan eswDeo
ll,i»20 48 May 11
84%I>ee
1,800 80 Feb 10 100 Aug 17
15%Mar 88% Jaii
16,860 18 Deo 1- 85 Jan 84
36 Mar 64% Dee
37.908 61%Jan 7 e8%Apr 4
17%Oot 89 JaA
17,8681 26%Jan 7 38%Mar 22
800
St. Louis....
1st tiref
Do
2d pref
•33% 86% •3i>
36),
88 35
Do
33% 83% •32%
New York ft Harlem
'132% 184
N T. Lack. & Western.
'210
'208
914
'809
216
'208
816
214 806 912 N. T. New Hayen & Hart.
2S% 24H 93% 94% 98% 94
22% 33% 93% 94% N. T. Ontario & Western.
Norfolk It Southern. ....
24% 26% 36
95% 24
Norfolk * Western
94% 98% 34% 24
pref.
Do
67% 68)t 68% 69
67
68% •66% 67
67% 68%
53% 54% 63% 65% 63
64% 53% 64% 64% 55 Nor. Paa By., toU tr. ctfs.
pref.
74
75
Do
74% 75% 74
76
78% 74% 74% 76%
•78
18
16
9
60
16,710
rights.
N. T.ChlO.
13
16%Aug
63%Aug
47 110
.
31
7
31
196%Jan 5
46 Not 9
73,280 63 Mar 6
Michigan Central
60% 63 Minneapolis it St. Louis.
9d pref
Do
93
94%
18
20% Minn. St. P. A B. 8. Marie
pref
Do
63
•1*6% 11% Mo. Kansas & Texas
pref.
Do
34
33%
43% 44 Missouri Paolfle
40 42 MobUeA Ohio
Morris* Bssex
Central it Hudson..
139% 133
63% 63% 62
96%
93
596%
Oct
Oct
1
102H
110
81
88%Apr i30%De«
3 179 Sep
5 140 Apr l6e%Dee
4 173 8ep
e ll3%Mar l48)jDee
188 Jan 19 210%Sep 7 168 Jan 191%NoT
107%May 13 122%Jan 97 80 Mar ll4%Dee
91 Feb 8 126)4 Sep 28
65 Mar 94 Deo
170 Jan 16 185 Sep 1 1148 Jan 170 Nov
9%Mar
7%Jan 7 35%MHr 27
4)iJan
36% J an S 56%Mar 27 38%Jail 37%Aas
42%Jan 4 61%Nov 27 25 Mar 47%Alia
77%Mar 97 Deo
94 May 10 108 Dec
ll%Mar 19%Jaa
5 16% Jan 26
9 J'ly
43 Nov 68%8ep
87)4J'ne38 4 9)4 Deo 1
9 Dee
6%J'ne
6 Oct 12 ll%Dec 4
14 J'ne 30%Deo
leWJ'ly 14 37 Sep 6
8%Jan 6
4%8ep 13
6% Nov S%Deo
41%J'nel6 58%Mar 17 43%Nov 50%Deo
14%Sep 16 25 Mar 33 14%Nov 20 Deo
13S%Apr 80 93 Not ll4%Feb
106% J an
136%Sep
"*610
Long Island
60
78% 81%
99
31
63WN0V 88
*
79% 81% 80% 81% LoulsTilleA Nashrtlle....
96% 100)4 x97% 99% Mwihattan KleT.,consol 147.167 96)41). c
174
175
etropolitan Street .... 61,213 169 Dec
17«% 171% 178
180 187
173
169
170% 175
36 182H
•36
^27
39
26
97
29
39 Met. West Side BL (Chlo.)
18% Aug
29
28)t
450 44%May
77
77% 78
78)« •73
Do
pref.
77
77
180% 80H
80
77
77
8,b4S
6 Jan
11% 13
11% 12% 11% 12
11
11% 10% 11% 11
11% Mexican Central.
3,522
1
Jan
4
4
3% 4
4% 4%
4
4
3% 8%
8% 4 Mexican Nat'l tr. roots...
100>4 102)4
99%Ma7
14
10%Mar
42%May
7%Jan
2,800
1,710
.
55
96% Sep 82
Apr
Jan
10%Apr
22%Mar
Nov 29
70 Jan 8S
Feb 20 91 Nov 29
Jan 3 136%Nov 3
950
834
750
20
.
•80
11
84
12,738
10,160 157 Jan
194)»Oct 80 140 Oct 1 59 Feb
4,89^ 18)4Jan
36%Apr 37 10 Apr 8i%Dee
7,185 68%Jan 11 80 Apr 87
40 Apr 7l%Dee
300 18)4J'ne 1 88%Jan 3
33%Dee
90'
8%Dee
8 Nov 88
3 Apr 11
850
6 Apr
7%Jan 30 17%Nov 28
670 13 Dec 18 16%Jan 19
11 Apr ie%Feb
6,370 83%J'ne81 43 Jan 84
99%Apr 43%Feb
530 16%May 8 33%Jan 3»
16% Apr 3i%Feb
1,630 36 Mar 28 46%Nov 17
38 May 41%Deo
40 Jan 73%Dee
70 Jan 7 98%Sep 9
35 Jan 5 i 15 Nov 38 Mai
14 Aug
30 Mar 3^
10 May 17%Deo
14 Feb
7,855 142%Jan
195 Mar 13 tl88 J'ly 180 J'ne
ei%Jan 31 40%J'ne SO Doe
49%Jan
7%Des
8%J'ly
9%Oct 84
6 May 4
9!0 82 J'ly 18 87%Sep 6
2,248 54%May 13 66%8ep
6
10,135 110 J'ne 1 133 Jan 88
96 Apr ll5%Deo
Do
pref
12% 18
12% Erie.
Ist pref
85
Do
36
34% 85% 36% 36)4
•17% 19
Do
2d pref
17% 17% 17% 18
45
43%
44
Terre
Haute
44
ByansT.
&
44% 43% 48%
87 91 87 91 •87 91 87 91
91
Do
pref
W. & Den C, stamped
Ft.
•20
25
20
25
t. Worth & Rio arande
171% 172% 172% 165% 171
166 171
168% 170 Great Northern, pref.
15
33
84
12
88
Apr 15
Highest
Lowest.
.
15
40
43
86
97
780 31 .Ian
46
45
pref.
Do
49
120% 119% 121 Chicago MUw. & St. Paul. 177,958 11 7)4 Dec
2.440 166)4Jan
Do
pref
168% $169% 169%
5,460 141%Jan
160
159% 160% Chicago A North Western.
12% 11%
39% 88%
eO%
ei%
61% 59%
105
100% 101 1104%
8%
137
59
26
86
Range for previous year (1898).
14,885
83%Oot
78,788 23%May 31 31%Dec 4
Chesapeake A Ohio
17%Mar
Ctatoago Bnrl. & Qntnoy- • 166,763 I24)2jan
7 149%Feb 18
85%Mar
875 40 Dec 11 68%Apr 99
Chicago Consol. Traction.
1,100 59%Jan 4 100)48ep 1
Chicago A Baat. lUtnols. .
49 Apr
pref.
Do
112%.lan 3 188%Sep 7 108 Jan
25,066
Chicago Great Western. .
12%Dec 14 80%Jan 83
9%Feb
2,185 83%Jai.
Do 4 p. 0. debentures
3 103%Aug 18
71%J'ly
3,486 50%Jan 5 85%Aug 89
Do 6 P.O. pref. "A"..
88 MitT
9,100 28 J'ne 22 44%Sep
Do 4 p.c. pref. " B "
6
90 Apr
3,040
Chlo. Indtanap. A LontsT..
7%Jan 6 19 Nov 83
7 Feb
13
13%
88% 89
80%
39% 39%
12% 13%
87
77% 79
38% 38)»
81% 28% •19H 22
6% 5%
5% 5%
5*4%
516%
117%
12
39
9%
Capital Traction
Central of New J eraey ....
29% 30% 30% 30%
125% 197% 126% 127%
124
19%Oct
48%Oct
34%Feb
68%Aug
61%Apr
85%Nov
.
114%lie>4
110% 108
120
180
12
40
Railroad Stocks.
50 14 Apr 29
517% 17% Ann Arbor
1,060 36 May 8
pref.
Do
43% •42% 46
20% 20)4 At«h. Top«k« it 8«nU Fe. 34,236 17 May •
20)t
pref 188,850 60%Jan
Do
7
62% 61)4 62)4
54% 63% 64% Balt.&Otaio,Tot.tr.c«ttf8. 23,160 43%J'ne 33
68,478
pref
77%
Do
81
76%
67%J'ne
77%
435,210 75%Sep 30
Brooklyn Rapid Tranitt.
78%
80)4
•65
100 30%Mar 34
IV" Baffalo Roota. * Plttiborg
65
300 69 May 9
pref.
Do
95% 93
93
600
84%Mar 15
94%
94k CanAdlan Pkolflo
9,600 60%Dfc 14
51
anad* Soath«m
61
61)4
20
16%
16« 16)4
116%117H 114% 116% 114HH6%
181
180% 181H 175% 180% 177 178
179
178
19% 19!4 1U% 18% 19% 18% 19
19
19% Denver & Bio Qrande.
70% 70% 71%
Do
pref
71%
70
72<H
70)t 71%
S16
•13% 18% '12% ii«% ll«%
85% 36% 85%
3e>4 36H
•17% 19%
•17% 19
17%
44% 44% 44% 46
•44M
•87
5%
46
60%
47% •46
181% 117%
169% 168%
161
157%
203
Friday,
lie
6% e%
14% 14%
16
9%
93
93
95%
"99% z91
•119
176
8% 9
28
t% 6%
8
ao^
122
98%
52%
30%
108
122
120
170 185
180 175
12
12
18% 18
12
38% 40
39
41
42
40
69%
61
61%
61%
69%
61H
loe it0S%105% 100 106
106
•14
15% •11
15
16H 11
44
45
46
46
45
45
118
76)4
55
129
14% 13%
47
7% 47% 47%
181% 120% laiH 118
170)4 170
170
169%
164 X161%168
160
19%
60%
52%
75%
68
96
116
123
•17
43
STOCKS.
N.Y. STOCK EXCH.
Dec. 15.
Dec. 14.
Record.
Sales Range for year 1899.
of the (hi basis of loo-sh're lots
Week.
Shares Lowest.
Highest.
STOOKS—HiaaBST A.ND LOWEST SA.LE PRIOBS.
Dtc.
[Vol. LXIX.
1.
no
115
RAILWAYS, dc
Street Railways.
1
6
As> _
114
AUan. Ave., 1st 6s..A40 «107
A40 114
Con 58 g 1931
99
J4J
Impt 5sg 1984
109
116
l8t 58 '43..J4J
BBOOKLYN.
4W.R.
A40
58 1988.
Brooklyn City—Stock....
JAJ
Consol 68 1941
BklynCrosstn6s 1 908 J 4J
B. B.
.
108
80n
Bid.
4119
Westohest
101
988
115
104
BkinHgUlst 6s 1941A40 105
d'kynQ Co.4 Sub— Se« St ck Bx.
Bklyn Bap.Tran.— Sw Pi OK Kx.
100%
101%
341
117
list.
Lt»»
Dec,
THE CHRONICLE -STOCK
16. 1899.1
prices
STOOKS—HIOHEST AND LOWEST SALE PRICES.
Saturday,
Dee. 9.
**»
Monday,
Tuesday,
Dec. 11.
Dec. 12.
Dec. 13.
43
43
•87
91
7
43
188^
•41
44
48
88
OOX
«H
•47
7«
19K
10« lOH
70«
70X
•«6« 365i
IIH
sen a9H
10
«9H
84%
lOH
26M
Ot>
•••••
•57X
102^
•103>i 104
89M 40% 38H
11
I9ii la^
66
56^ 56
17
16«
1«H
•
145
145
35
50
•SO
•40
•30
•40
65
137
46^ 49M
21%
10^
55M
89Ji
1854
58M
113
•110
13
•143
148
14
sm
•73)i
Jl« 5a
8%
4§« 40
36^ 36M
40
39%
85)4
87X
87
41*4
41
78i4
77H 80
zl33
lis
118
•114
•04
36
98
36
76
110
197
30
74M
97
80
183
85
WH
"559i
3794
115
-94
85)4
97
36H
97
59)4
114
IIS
19X 30H
•67
17
68
13
43
•18
148
67H
•11
35
88
100
101
13
•7
86
•6
38
89
86
86H
36J4 ss6%
1106
109X
100
•6
103^
•25
•16
40
90
41
37
89
91%
•86
40
148
146
•35
141
14
14X 14%
•8
9
48
48X
8
40?4
107)4 109
64)4 66
07
63)4
8494
88X 88X
lOOU 180
80H 18
100
80
97
•50
98
90
94
•60
lOX lOM
104
109
80
179
83
79
49
»M
83
1150
140
18%
77
77>4
109
43
106
•129
131
3094
87
•
•13)4
11)4
76%
•185
87)4
109)4
54)»
114
19
68
86)4
13
34
98
105%
679ft
18
19)4
68%
1194
1194
83
101
•7)4 18
35
35)4
89
2694
106
107
89
87
106
•60
•15
38
40)4
399<
90
90>4
•35
40
141)4 145
90
40
141
14)t 1594
•8
41)4 43)4
10694 109)4
14J4
9
4894
108
68% 54
87
87
189)4 189)4
lUH 31
66
6794
69 60
6494
87
190
80
66)4
94
10)4
lOOH
10)4
85)4
91
10)4
20)4
77)4
81)4
77)4
160
43
30
36
• * • •
•18
14%
13)4
7H)4
48
106
48
30
35
15)4
7894
44
106
188)4 188)4
124
130
87
87)4
;
no
67)4
saies
on
5694
68%
16)4 1«M
131)4 184)4
•30
36
•40
60
101
ae
80
19%
133%
94
36
77
47%
7494
74
81)4
81
7%
10%
9%
64)4
38)4
163%
83)4
68
34
95
96%
140
IV
3594
8794
43
33)4
98
89)4
77)4
84
140
A
Do
& Ohio
Central.
Do
8d
Wlsoon.Cent. new(wh.la.)
Do
63
pref. (when iss.)
13%
69
6994
pref.
115
Do
Ice
pref.
1294 American Linseed
Do
54)4
American
pref.
Ifaltlng
Do
39H
pref.
Smelting A Refining
11^ 35% Amer.
Do
pref.
86%
42% American Steel Hoop
Do
80
pref.
35% 8891 Amer. Steel & Wire (new)
3494 37
Do
pref.
87% 89% x88% 9194
34%
86%
39% 41
78% 80
05
26
13194
116
05
89
40
79
189
•113
93
8594
3
37
10
May
May
31
4
American Sngar Beflnlng.
135
114
98
Do
87)4
0,026
8,470
3,118
11,592
8,119
18,460
8,170
91,450
13,450
824,7bt
44%J'ne 20
American Teleg. it Cable.
American Tin Plate
Dec
Mar
88MJ>M
13
6
52%MaT 99|jDM
86 Not
794DM
(Jan
33)4Feb
DM
38%Dm
-
Apr 100
Apr 36
Apr
10
489
1
8%Mar 30V
37 145 Oct ie4)4reb
4 il8 Aug 86 Sep
2
35 Aug 48 Get
2394Mar
16%Jan S9%l>ee
107%Dec 107%Dm
16%Mar 4494DM
23
45%Mar 7494DM
17
24
2
34
8%Mar
5
14)4Mar
a4%A««
35 *97%Apr
35
S3%De*
9)iAV8
31
30
59
Aug 28
7
2
15%Mar 153 Not
66 Mar 88 Aa«
23 May 1180 Feb
39 1116 Jao 1S994Ab«
88
3
8
11
39
0094A1I*
34 J'lr
87)4Jan 26 79%J'ly 88 Dee
59 Apr 80
94%Apr 20
4t.94NoT 28
8e94Sep 14
78 May 4
10894Mar 13
183 Mar 80 107%Mar 149%Aii«
133 Mar 20 103 Mar 116 Jan
105 Apr 18 188 Mar l98%Dee
5294Apr 4
14
3
24
13
14
11
123%Jan
18
[Mar
.r'ly
Dec 1
37%Jan 34
Dec 14
32)4Dec
80 May
84 May
70 May
3494Deo
8694Dec
894Feb
68 J'M
61
794Dec 15
38
8)4Dec
45 Feb
S2%Sep 85
81 Not 3
34
4894Msy 26
382 110
110 95
17,540 20
pref.
Do
21%J'ne23
13%May
88 Aut
SO%MaT 60)4A«c
33
24
30
89
HighetU
38 May
73%Aug 36
125 ilOS Jan 3 1119 Feb
6,983 13 Dec 11 31%May
6,215 6694J'ne 18 e8948ep
7,710 33 Dec 11 46 Not
385 88%Jan 5 97%Oot
30 Oct 18 52%Mar
282 133 J'ne 19 ll60%Au
1,345 38%D*c 9 41)4Sep
680 78%Dec 14 85 Sep
894 J'ne 20 1694N0T
34
34% American Cotton Oil
•93
Do
95
pref.
•86
34 American District Tel ....
140 1143 American Bxpress
3694
4094Ang
.
6,721
3,887
3,640
6
106 Jan
44)4NoT
14»40ct
5894NOT
259«Mar
842 Feb
89 Apr
45 Dec
73 Apr
. .
pref.
1
Jan
Jan
40%Jan
15%Dec 14
7,402 130 Dec 15
1394
68
Oct 36
14%Feb
76%Jan
44%Jan
98%Jan
pref.
.
7
31
3
36
pref.
Jan
,
794
36
Dolnth
TexMA
bird ATenne (N. T.)..
65
18
18%Ang
17
300
114
231,951
Sontliem PaoifloOo
81,495
SoQtliera, TOting tr. otf*.
Do pref., TOt. tr. otf* 41,319
9,965
PMlfle
Do
38% •38% 33% American
Do
75
J76
76
Ii« 18
61
58%
sV
IV
pref.
Psnl
34
9 J'ne 1
894Jan 6
64 Hay 13
3094Dec 14
694Jan
5,365
1,760
7,620
.
I?Il(icellan*« Stoeke.
Adams Express
merican Car * Foundry
110
18%
810
38%May
Range for previous year (1898).
Lowest.
44 Not 27
90%NoT 37
7%Dec 1
4
3
Jan
394J'ne 24
80 Jan 31
35 Jan 35
200 38 Jan 3
Twin City lUpid Transit.
140
118
Do
pref.
Jan 9 141 Feb
195,406 38%J'ne 80 51%Dec
4 8% rjnion Paolllo By
44,987 72 J'ne 1 84)4Jan
Do
..pref.
7494
8,302
7)4J'ne 19
7% T|yabasb
8%Jan
13,016 19 May 84 85%Apr
pref.
81%
8,130
Wheeling
L.
H.,
8%J'ne
1
tS
A
new
Aug
10)4
1,S36 50 J'ne 39 84 Jan
Do
1 St pref.
63%
•40
48
3,630
Do
St.
Toledo
35
50
4
Jan 16
Dec 14
Dec 11
3,505 74%Deo 11 99%Feb 8
366,279 t88%J'De 21 329%Apr 5 8S94Jan lesMSep
600 126%Dec 14 150 Mar 6 112)4Mar lS6%An8
Do
(140 140
126% 186%
pref.
26,905 37)4Dec 13 70 Apr 28
37% 3994 89% 4094 Anaconda Copper
37)4 3894
3,296
134 Deo 14 180 Mar 17 106 Mar 140)4D«e
134 135% 135 135 Brooklyn Union Gas
13794 138
8.8S0
mnsw. Dook&C.Imp't.
9%May 9 2094Aug 14
13)4 13)4
13)4 14
7%0ct 14 J'ne
189i 14%
'^00
Coal
•1%
&
I.
l%Jan 17
19<NoT
•1%
Colorado
DeT't
594Apr 31
%Apr
3
1)4
8)4
1%
dorado Fuel * Iron .... 39,730 30%Feb 8 64 Sep 11
41
44
48% 44)4
45)4
41
17 Mar S3%Dee
1,680 88 Jan
Do
188 128
6 130 Dec 1
pref.
126% 18794 18794 189)4
66 Aug 00 De*
8,110
6%Feb 15 21%Sep 6
13
14% 16% 1594 Col. ft Hook. Coal A Iron.
094 Dec
14)4 14)4
4%J'ly
15,055
ConsoUdated
163
(N.
6
185
184
Gas
T.)..
J'ne
183
18394
a23)4Mar
18194
180%
11 164 Oct 306%J'ne
82,950
Continental
Tobacco
30)4Deo
13
34
33
31%
6
Apr
17
30%
3896
5%
30M
32,034 78 J'ne 29 103%Aug38
Do
x81
79
86
83%
pref.
80)4 84
800 63 Jan 4 101 Aug 18 46 Apr 97 Sej.
Detroit City Gas
9994 97
400 9294Jan 18 iaO%Oct 30
Brie
Telegraph
105% 106%
k Teleph
74%N0T 79%Oot
153,309
Steei..
8 76 Apr 3
Federal
29 Oct 53 Dee
6294
54%
6394 57H
61% 5494
469ft Feb
89,121 73 Dec 14 93%Apr 3
Do
76
78% 73
7694
pref
76% 75
69940ct 86%I>eo
11,230 95%Jan 3 138 Not 37
131)4183
181
123
118% 181J4 General Blectrlo
76 Sep 97 Dee
6,479 46 Dec 14 7694Mar 20
46
47
49% il Glncoge Sngar Refining.
47)4 48
8694Deo 73%De«
870 97 Oct 23 110 Jan 14 107%Dec 10994l>M
•95
Do
100
100
pref
97)4 97%
560 97 Jan 3 117% J'ly 13 l879<J'ne 9694Deo
H.B.ClafllnCo
118)4 118)4 1139411894 '11294....
9,375 17 Deo 11 68%Jan 23
19
18
90)4 international Paper...,
30)4
48 Sep 67 Dee
19% 20
Do
5,073 66%Dec 15 95 Jan 5
68
99
68
pref
85 Sep 96 Dee
98% z69% 67
International
1,570
10 May 6 86 Feb 27
SllTer
10
11%
11% 10% 11
410 36 Dec 11 83% Feb 83
•36
Knickerbocker Ice (Cblc.)
35
40
5494Dec 67 Dee
•68
42 70 Not 14 84 Feb 17
68 73
Do
73
pref.
81 Dec 83%De«
5.376 51 Mar 4 85 Dec 6
78
77
80
37%Mar 6494Au«
80)4 81)4
78)4 Laclede Gas (St. Louis)
09 100
100 96%J'ly 18 102%May 18
98 108 100 101
Do
pref.
85 Mar 9e%An«
•8
•7
Manhattan
Beaoh
5 Jan 35 39 Apr 25
6%JaiL
12
18
18
Co
3 Aug
6,646
34
VJatlonal
Blsenit
38
63%DeCi
34
Dec
11
68
21
34)4
Jan
38%
34%
3094Aug
S6H
495 89 Dec 11 107%Jan 19 94HAttg 106 Dec
04 1^ Do
190% 90)4 190% 90)4 •85
pref.
3,646 85 Dec 14 40%Jan 20
85
25)4 86
85% 26% 26)4 National Lead
26%Mar 3994An£i
Do
3S0 105 Dec 13 lis Jan 21
106 105 108 104% •104 108
pref.
99 Apr 114%De«
Nat. Linseed Oil, tr. oertfs
30
3 J'ly 13
0%Dec
13
3
8%Jan 12
8%Dec
•5
•5
National Staroh
4%Mar 17
9 Feb
Oft 30
394 Not
•60
•90
•90
Do
43 Apr 20 70 uct 27
1st pref.
60 Mar 80 Jan
•16
Do
•16
16
13 Mar 17 25 Oct 16
3d pref.
12%0ct 30 Jan
ie,8C3 36 Dec 14 83 Apr 24
88
39% 36
87% 37% 3894 National Steel
»o
4,037
91
85
May
91
16
91
9094
pref.
Aug
11
9994
91%
•36
•86
•35
43 Sep
40 NewOent.Coal (new stock)
36 Oct 37 43 Jan 25
40
40 Oct
i",3e6 113 Jan
135 139
3 330 J'ly 19
14 Apr 130 Sep
138 13794 139 139 N.Y. Air Brake
12,'<80
14
6%Jan 6 1794N0T 31
4%Jan
1494 1494 North American Co
794 Be*
15% 14% 15
•8
9%De«
8 Mar 23 10% Apr 87
9
3)4Jan
894 Ontario SUTer
36.540 37XOct 14 55 Jan 30
PaoifloMaU
21 Apr 49 Dee
4194 44)4
40
41)4 43
4394
eop'l'sQas-L.*C.(Chlc.) 51,590 101 May 13 129% Apr 3
105 108)4 104% 106% 10594 108
86%MaT 113 Not
9,380 4494J'ne 1 61 Aug 14
54
5394 6594 Pressed Steel Car
6694
54)4 57
Do
89
8,985 78 May 35 91 Sep 7
86
pref.
87)4 8794 x86% 86
3,962 158 Jan 30 2079<Oct 20 X1S2N0T 816 Jly
188 189
188 188 Pnllman's Palace Car
187
188
17,170 18 Dec 11 33%8ep 6
19
19% 20M T> epuDllc Iron 4 SteeL
8094
1894 20%
Do
5,989 64 Dec 11 79 Aug 29
64
67
pref.
65)4 68
64% 65
69 60 •59 59% •50 89% SllTer Bullion Certlfs.
59 Sep 21 65 Apr 28 66 May 90948«P
tandard
Rope
10
10
4,
560
6%Sep 20 15)4N0T 2
A Twine.
3%Jan 10%Aiis
10%
9% 10
i2^
82
87,335 38 Jan 14 126 Sep 11
78
17 Mar 3894Dee
78
87
87)4
8S9fi Tenn. Coal Iron & BB .
Do
100 111 Jan
4 150 Aug 82 i80 Aug 106 Dea
pref.
9150 160
21
6,: 90
19)4Dtc 11 45 Mar 28
21
28
Union Bag & Paper
80% 31% 21
»Do
1,090 75%Dec 11 89 Mar 29
pref.
77)4 78
x75H 7594 7594 7594
844 (46 J'ne 9 60 Jan 13 88 Apr 1 68%I>«*<
U7% 48 t 43 41 * 148 48 United States Bxpress
Unit. States Flour MilllDg
18 Not 6 S8)48ep 15
80
38
30
14"
•14
Do
12 Dec 6 78%Sep 15
13% 35
35
35
pref.
United States Leather .... 141,905
594J'ne 7 4C%N0T 6
13
1894 1494
1394 14
14)4
Do
76%D«e
20,591
68
J'ne 1 84%N0T 2
75
pref.
75
78)4
76% x74
76M
43
43 United States Bnbber
13,968 3V94Dec 14 67 Apr 6
48%Ame
39% 4»
3994 4194
Do
il8%D«e^
104
1,631 104 Dec 14 131 J'ly
105 106
104
104
pref.
8
105
190
800 181 J'ly 17 1305 Oct 18
188 188 185 191 185
Wagner Palace Car....
eUs, Fargo & Co
45 lia49iDecl5 135%8ep 6 lll8%Mj ii8i%i>«^
184
189
180
189 U24H 127
Western
Union
88
86)4D€c 11 98%Jan 84
87
Telegraph
7,173
83%Mai 06MA«e^
87
8794
87% 87)4
76% 77
95
78
101
9694 10194
pref.
American Tobacco
,
7
IV
8
. .
.
t
this day.
i
Less than 100 shares.
(Given at poot oj
*
Bx dlT.
7
104
103
Steinwaylst6sl933.J&J
117
117%
Bid.
6sl931.F&A i
Deb6sl938
M&N 1118
Istconsoi
Chicago City RRr-Stook..
Cttlsens' St (Indlanap.)
..
Cleyeland City Ry
Cleye aty-lst 6s '09.JAJ
283
110
1C3
in bonds.
lOIdstoek.
Street Rallvray.
ClOTeland Bleotrlc
Con 58 1913
93
106
33
M&8
Columbus (O) St Ry.
Crosst'wn— 1st 5s..
Kansas City El 9s...
Bonds 4s...
114
384
Lake Bt (Chio)BleT-8tock
deb 6s 1938
J&J
108
106% 109
Bid.
Ry
119%
80% 31%
101
p. c.
Preferred
Con 6s 1933.-Se«Phlla
OTHER
CITIB8.
Brldgep Tr-lBt5s'23.J&J {108
Buffalo Street Ry— Stock. 100
of 100
t
Bx 100
p. c.
oonsboutivb paq^q).— 82 RBBT
106
08
77
116
04% 07
00
A&O us
130
659*
Street Railway.
NewWmb'g<kFll8tex.4%s
NT* Qua Co 5i 1946. AAO
Inoomes....'
• • •
19
39%
18%
118
Ask
Or.Bt.ANew lst5s'06A&O 104
A Lorlmer St. 1st es. 108
Kings Co. BleTat.— Stock
JAJ
54%
pref.
1st pref.
8d pref
IV St. Lonli South western.
96
lots
Highest.
36%Jan
85
Kr., TOt, tr. otfs.
basisof icKhSh're
Lowest.
1,200
592
465
8d
A 8.
Oil
200
. .
pref.
Tot.tr. oti
litpref
Do
Do
7?l{
Ask.
107
O'p't
6s 1044
3894
1194
L.
&0. III.
of the
Week.
Shares
6
"•5**
B'kC.&New5s'39.J&J «116%
i«t4sli>48
12
57
97)4 103
140
67
Bid
Street Kail ways.
OeLCem.Gr.AB'kynlst s 111
Ooney Island i Brooklyn. 846
J&J 108
1st 6s 1903
Bonds
Nassau Bleo pref
SO
J.
Do
Do
2694 27%
66% 69%
37)4
1194
36
St.
103)4 105
110
34
97
34
149
8394
86^
•99
26)4
indbtl903.J&J
11
illO
13
14)4
6994
40
80
OUTSIDE SECURITIES
is oertfs
38%
IIM
87)4
169<
Do
St.
70
3094
4994
739*
7)4
30)4
Rio Gnuad* * Wettern.
994
5194
„2^
39
39
86H
•81
88
100
12
36
69
Bid and asked prices
16
9M
17%
8
88
43
80
40
36
130
17
8%
111
6194
8H
186)4
36)4
85)4 87)4
66)4
77)4
40)4 48
•!06
106
•190
191
•16)4
61
If^ l!«
IIX
75
184
S3
188
19)4 80)4
76)4 "554
47)4 i48
18)4
140
32J4
99)4 10454
•6
•90
•15
90
45
61
53
67
35?<
67)4
8SM 84X
•»»
illl
13
33)4
197
76« 78H 76
79)4
7SH 78
184 135
121)4183)4 183 184
48« 48M 47h 48
4794 48
00
99
199% 99%
•118
T8«
96
76
SIX 84X
83X 85X
'57^
46
•98
N.
44
67
7
50
19
•8%
7
28%
17%
89
90)4
136)4189)4
139H
87
46
88)4
36)4 39)4
88)4 90)4
136)4 137)4 139
1116)4 115)4 •114)* 116
S116
39
90
il40
35M
86^
9%
63
40M 41K 89)4 40)^ 38)4 39J4
187m 38 135 137 136% 137H
14« 149i 13)4 14
13X 18%
•l«
2M MX 3)4
40
50
43
47
**H 46H
•130 130
13694 i8ex il37H 137^
lex 17)* 16
16%
88
3194
1094
69)4
2894
18)4
54)4
2794
IIX 13H
61% 53*4
SH
40H
7)4
80)4
146
•73)4
34M
139M 146
75
103
75
66
40
895<
86?i
m
68)4
38^
4894
75)4
74
38)4
•95
•85
140
38M
•41
•83
44
•694
70)4
49)4
31H
.9% lOX
54^ 54^
38
88H
18
18H
63J<
85
50
'
75t
88
4a
91
•80
•40
75%
76
38
40«
80
34
07
34
145
IIH IIM
49H 61H
11)4
19
131)4140
im
47«
39)4
13)4
66)4
16)i
64
140)il44
•30
35
40
50
•96
70
ilS7M 137^
14
58
67« 58
1146
37H
11«
nilJ4llU4
113
85
38H 40
13
12^
54
sen
16
18H
l»H
146
36
50
65
137
11«
•41
83
Friday
STOCKS.
Y. STOCK EXCH.
1235
2.
ange for year 1899
Sales
Dec. IE
Dec. 14.
28
89
29
66!4 66)4 •59X 93
•69M
§103^ 102U lOaM 103)4 103)4 104
se
17H
33
fM7
9%
71
33
•11
11M
89H
18H
63
07
34
40H
78«
63
104
19
•06
•36
87
HH
39
5a
14M l*H
68% 59>4
83H S4H
17
9M 7?«
•69H
34H S5)i 33
36H
7H 7«
31H 31^
994 10J4
6SH 66
a7H 89^
7H
•111
7
61
•69
70
47H 48«
76H
79
55)^
43
68^
6%
M8^ 48H 48
1«H «16ii 16H n«H
61
51
148
*0H
Wednesday Thursday,
Page
(2 pages)
LonlsT St
By—8 p c bonds
Common.
Preferred
< , • •
Ask.
94
107
24
108
105
89
16% 17
94
96
118
119
HI
• • • •
118
RAILWAYS,
Bonds
No Shore Tr (Bost)-Com.
«
dtc
Street IKallways.
Bid. Ask
Lynn&BOB-lst Ss '24.J&D
114
Metrop W. S.(Chio).— ci<e 8t.Bx. Lisu
Minueap St Ry-58 '1 9.J4J «107% 110
Orleans City By
Preferred
North Chicago— Stock.. .
Ist 58 1906-18
JAJ
North Jersey St.—Stock.
103
lOS
88
74%
TBx rights.
New
84% 85
.list.
1
stock dlT.
30
104
* I
sate
noe
83
338
•
• •
•
tk.
86.
00% 08
20
Preferred
85
87
ProT * Pawt'ok-lst 6s '38 ill8% 1169£
} Buyer pays aocrued
inter est
THE CHR0N1CLE.-B0ND
1236
BONDS.
W.Y.STOCK EXCHANGE
Wbek
Endinq Dec.
15.
Range or
Dec. 15.
Last Sale.
See Sou H.J.
labama Mid iBtnag. 1928
Albany &Snsq. SeeD&H.
Range
since
Jan.
1.
Ask Low. High, ^o. Low. High
Bid.
Alabama Cent.
*
Week's
Price
Friday,
M-N
101
102^
98
J'ne'e9
SeeCenofNJ.
I.
97%
92H
91
97
97
7m
7994
378
Sale
24
827
79MSale
& St Lou lBt68..19l6 M-S
Atl AvBklyn imp g 53.. 1934 J-J
Atlan & Danv see South Ry
Atlan St Tad. See South Ry
Atlanta & Char. See Sou Ry.
Austin & N W. See. So Pac
Creek & S. See Mich Cen
Bat
alt &0 prior Ig 3)^8.1925 J -a
91
i
87?4
96%
96%
86^
103?^
102)k^
78
88^
76Pi
83?^
Chic
Gold 4s
Registered
110
110
108
Jan.'99
93^
94% 385
93
Sale
9-1
Sale
96-M
98>i
8?^
Sale
38M
90H
200
"86
100%
93
96
1025^
969«
889i
Monon lllv
Cen Ohio R 1 st c g 4i^8 1930 M-S
Pitts & Con 1 St g 48. .. 1 946 J-J
Beech Creek. See N Y C & H
& Car.
107
111
1081^ 112
J'ne'99
J'ly'98
107M
See Illinois Cent.
K&T
See
M
Bway&7thAv. Se«MetSRy
A-O
110
J-J 115^.. ..,
BkQCo4Scongug5s..'41 M-N 104^ Sale
Bklyn Un Bl Ist g 4-581 950 F-A
9d>t 96
Bklyn Rap Tr g Ss
1945
Bklyn
Brtins
104^
97H
104)^
93
See L Isl
& West 1st g 48. .1938 J-J
1
46
108
116
1151^
117«
104^ 10814
95
104^
See Erie.
1937
947
68.. 1921
1922
58... 1943
Consol Ist 6
CI&Mah
1st gug
109
A-O
A-O
104
.1934 A-O 115
Registered
1934 A-O
M& St List gug 7s.... 1927 J-D
CRIF&NW Istg 58.1921 A-O
Canada South 1st 58.. .1908 J-J 108
1913M-S 1C6M
2d58
Registered
1913 M- S
.
.
CRIaF&N. SeeBCR&N.
Cen Branch U P l8tg48.1948
J-D
85
W
1992 M-S
Registered
1992 M-S
1
A
Div
Bt
con
1989
J-J
R&
g 48
2dcone48
1988 J-J
Craig Valley Ist g Ss. .1940 J-J
Warm Spr Val 1 st g 5b 1 94 M-8
EUzLexi BS gug 58.1902 M-S
1900 M-N
MlBsRlTBlstsfg 6S..1912 A-O
Chic Bur & Q— Con 78 .1903 J-J
.
1901
4H
90
A-O
Convertible Ss
Illinois Div g 3>t8 ,,.1949 J-J
Registered
1949 J-..
Iowa Dlv sink fd 5b ...1919 A-O
4g
1919 A-O
Denvblv 48!.'.'!!.!]!..' 1922 F-A
Southwestern Div 48.. 1921 M-S
Chic & Iowa Dl V Ss.
1 905 F-A
Nebraska Kxten 4s.
1927 M-N
Registered
1 927 M-N
Han & St Jos con 68. .. 1 91 M-S
Chic A E 111. Istsf cur 68.1907 J-D
Small
1907 J-D
1934 A-O
iBt conges
1937 M-N
GenconlstSs
1937 M-N
Registered
Chic & Ind C Ry 1st Ss 1936 J -J
Chicago & Erie. See Erie.
Chic Ind & Louisville—
Loulsv N A & Ch Ist 6b. "10 J-J
. . .
.
Street Kall\\u>s.
107Ji
120
117
107^
5
loe^ 112
Jan '97
Deo
. .
35
Nov'99
J'ly'98
J'ne'«9
8ep.'99
Dec '98
119
119
98H
94
Sale
103
Sale
9Sii
Oct.'99
114>i
114«
115«
115^
Dec '99
119
116
117
93
116?^
J'ne'99
95Mi
9Tii Aug'99
103
100
1U3
100
95^ May'98
lOlJi Apr'99
•100
100^ Dec '99
109
J'ne'99
1039< Oct.'99
106% Feb '99
100
113mi5
114H 1I4H
lOOH Nov'99
110
102H
lie
110
1825^Nov'98
134
"21
.
.
iim
120^
120%
•113
•119?^
122
118«
8ep.'99
104
108
100
105
Nov'99
Apr'99
Dn'd TrAEleo(Prov)-8t'k
94
112
West Chicago
OOD 1936
11394
SS>4
97?<
lOOM
J'ne'99
119
115
Sale
123
118
137J^ J'ly'99
187% 1318
116
111
112% 118%
108%114jJ
Oct. '99
111
181
180
121
121
Oct.'99
125 J'ly'99
142
149
1085i Dec '99
109^
109M
126
142
145M
10894116
112% 114
115
116
106
180
lie
110%
10594 109
188
118
.
107% 111%
117
118
110%
106% 108%
102% IIOS
106
Nov'99
115
Nov'99
U3H
139
140% Dec '99
180%
113
130
96
83
140 146
113
130
138
91 1049i
1069« 107
96
83
87%
8ep.'99
Dec '99
98% 98%
114%
98% May'99
118
115
UO
6 140
105% 109
106% Nov'99
80
109
Dec '99
Cent.
111
133
136
136% 136
138% Dec '99
.
132
140
128
94
106
188
94
Sale
D
140
Mar'99
188
1
95%
20
140
134
128
93%
10294
106
Oct.'99
106
117% Dec'99
117% 183
100
Oct.'99
100
J'tie'99
999i 99%
120 180
99%
120
Aug'99
108% Oct. '9 7
118% Nov'«9
113%
1«1
187% 138
118
100
116%
1
W
W
01nW&MDlvl8tg4t.l991 J-J
98%
92«
Sale
97
106% 106%
18 113
117Ji
ion
105
"5 109%
113
125^ 151!^
102% 104%
"17
Oln I St L A Ittg 41.1936 Q-F6
Reglitered
1936 Q-Fb
cons 6i.. 1920 M-N
A CI oon Istg 6i.l928 J-J
A W lit pf 7i. .1900 J-J
AW Ittpf 6s... 1938
r*o A Baat Itt oon 4t. 1940
Ind Bl
O Ind
115% il8%
101% 105
100
105
105
106
105« 113%
120
114
107
107
.
118
118%
"is
108%
99
99
88
96
108
83
97
102
Nov'99
Nov'99
104% Aug'99
•103
118% J'ne'99
103% 103%
118% 118%
103% 103%
97
83
96
97
84
85
87
85
104M
8994
88%
17
83
186% 138%
182 Nov'99
4an oonsol gold 61 .. 1 934 J -J
1934 J -J
B«glltered
Feb '99
A-O
108%
OABlit M C C C A 171.1901
106% 109% 106% Nov'99
1 Lor A Wh oon Ist Ss 1933 A-O
108% 108%
106% 106%
CoMol 7f
C C A I consol
t
7i.l914
84
188%
J-D
131
.
)I«T
.
6 134
189%
22 109% 117%
136
101
98
97
29J^ Dec'99
J'ly'99
1990
1914
* Marietta. SMPaRR.
124
11«T A Mabon Val g 6s. 1938
1988
Registered
116H
91«T A Pitts. Bee Penn Co.
111^111%
8794
9594
9994
May'99
99
CISt L A C
OlnB
33
93M
J'ne'99
101
.
1039i 107Ji
103>i Nov'98
Ool Mldl'd— Istg 2-3-4S. 1947
1947
Istg 4s
1939
Col A Sou Istg 4s
9ol A 9th Av. Bet Met St Ry.
lolnm A Qreenv. See So Ry.
Val. See Hock Val.
Col A
nl Conn A Term. Bee
184% J'ne'99
J -J
137%
188
134%
68
09
76
90
Qn-J
63%
72^
J -
84
Sale
Sale
Sale
63%
78%
83M
46
64
72% 16
94« 128
70
BSyi
NAW
tBondsdneJolr. tDueNoT. IDueJune. IDneJan. IDneMay. aOptlonsalMu bDneAog. cDneAprO.
(Given at foot of 7 ooijseoutivb pages).— G'^-S SECURITIEb,
tirae
111
114
143
18 1179^ 189
Nov'99
Nov'99
132% Aug'99
ioili Bale
l8t2J^s
H
114
117% 117%
110
113
136
.
De8M&FtDl8t48...190S J-J
Se«
103
184
108
128
. .
.
Nov'99
107
112%
114%
106%
124%
118% 125%
110 118%
182% 188%
112K
105^ Feb '98
142
1
114J4 Oct.'99
107
93
n9»< Dec '99
118M May'99
J-D
J-D USH
.
Aug'flfl
136
05%
iim
106« May'97
1905 J -J
Extension 48
1905 J-J
97J4
Eeok&DesM
Ist
Ss..
1923 A-O
83K 44X
Small
VH 16
1923 A-O
4« 7H Chlo & St L See Atch T & S Fe
103Ji 107
136 Sale
'U3J<
20
....
116
132v2
1:1% 111%
120% 123
Nov'99
112«
122^
'119H
189
. .
ChlcStL&NO.
104
120
Securltlea.
(Ma8B)Tr-Com
iVoroester
NEW
58 1908
Bid.
Ask.
80
38
106% 107%
Preferred
Deb
24
Nov'99
122
J -J
1-JS
Q-J5
J-J§
J-JS
Chic St L A Pitts. See Pa Co.
102
Chic St P M A O con 68. 1 930 J-D
109^ 112
ChStPAMln Ist 68. .1918 l-N
Nor Wisconsin Ist 6s.. 1 930 J-J
112^^112}^
27 113>^ 122)^
St P A 8 City 1st g 68. 1 919 A-O
1 112^121^^ Chic Ter Transfer g 4b. .1947 J-J
4 98
102U Ch A West I Istsf g68.. 1919 M-N
ti7H 102
General gold 6b
932
D
Chic AWest Mich Ry 68.1921 f
114
116}<
Coupons off:
1 921
ClnH ADconBt78
1905 A-O
2d gold 41^8
1937 J-J
4 111«119J4
Cln D A I Ist gn g 68.. 1941 M-N
1181^ 123
CIStLAC. Se«CCCAStL,
'46 115
121
Cln S A C. See C C C A St L.
116)^ 118^ City A S Ry Bait Istg 5s 922 J-D
125 90^ 975i Clearfield A Mah. Se«BHAP
""5 92% 97% ClAkACeqA2dg68.. 1930 F-A
103 108
CCC A St L— Geng48 1993 J-D
10 100
100
Cairo Dlv Ist gold 4b. 1939 J -J
8tLDivl8tcoltrg48 1990 M-N
101
lOlU
Registered
1990 M-N
lOOH 104
Spr A Col Div iBt g 48. 1940 M-S
108 110«
Val Dlv l8t g 4b 1 940 J-J
llOM Dec '99
111^ J'ne'99
10994
89
118
.
102
rORK.
Cent Union Gas— 1st 6s
98% "B4% Con Gas (NT)— Stock—
84
100
120>i Sep.'99
J-D
•.
112H Aug'99
120 Sep.'99
121
A-O
116 J'ne'99
A-O
100 Dec '99
A-O 109
A-O
1059i Mar'99
M-N 116M118H U8H Dec '99
M-N
119M Dec'98
107% Nov 99
2S-yeardebemnreSs..l909 M-N 107
109^ Mar'98
Registered
1 909 M-N
117 Nov'99
SOyear debenture Ss.. 1921 A-O
Reglsered
117« Feb '98
1921 A-O
no Nov'99
Extension 48
109
1886-1926 F-A
106% Feb '99
Registered
.1886-1926 F-A
Gen Gold 3^8
107«< 108i» Dec '99
1987 M-N
103 Nov'98
Registered
1987 Q-N
Escan & L Sup 1 Bt 6s. 1 90 J-J
107« May'98
DesMoA Minn 1st 78.1907 F-A
103 Nov'99
lowaMldland 1st 83.. .1900 A-O
182
Winona&StPet2d78l907 M-N 122 125 122
Mil& Mad Ist 6s
117% Feb '99
1905 M-S
108
110
Nov'99
OttCF&StPl8t5s..l909 M-S
114 Aug'99
North Illinois 1 st Ss. 1 9 1 M-S
Mil LS&WlstgOs... 1921 M-N 136
140
1369iDec'99
106% Feb '97
Convertible deb Ss 1 907 F-A
121
121
Ext&Impsf gS8...1929 F-A 120«
140
Mich Dlv 1st gold 68 1924 J-J 139 140 140
Ineomeli.
Ask.
160
10 161
167
119«
126% Nov'"9
111% 111%
120% Oct.'««
121
Dec '99
UO!^
Ashland Div Istg 68 1925
Incomes
»i..l911 .M-N
86
93H Chic Rock I & Pac 68. .. .1917 J-J
Registered
1917 J-J
93
06
General gold 4s
1 988 J-J
116^123
Registered
1988 J-J
102%
I02>i 102H,
112
104
119
•110
160% ^79%
174%
178%
118% 123%
118 iSOU
118% 12SVi
8ep.'99
171J^ Nov'99
117>i ....
119>t Sale
naS 131
Registered
1902
Sinking fund 68 1879-1929
Registered
.1879-1 929
Sinking fund Ss.. 1879-1929
Registered ... .1879-1929
Sinking fund deb Ss .1933
Registered
1 933
.
'99
fl
108
14%
107% 109%
L)—Com.
MAN
108
112HMar'99
119H 131
118
101
I
Union Trao (Chlo) Com.
4b
106 105
26 107^111}^
Jan.'99
95
96
102
110
and uked this week.
Bid.
5
117>i
UO^llOJi
9M Deo '99
OUTSIDE SECURITIES
Rochester Ry
Con Ss 1930
AAO
2d 5s 1933.
JAD
^0 Bide Bl (Chic)— Stock.
Syracuse Rap. Tr., 58, 1046
110
6
. .
lAteat bid
100
106
111
83H
95
1913 M-N
1903 M-S
.
100
Bale
& Alton sink f d 68.. 1 90,s M-N
Lou & Mo Rlv 1st 7s .. 1 900 F-A •100
.
Nov'99
108 Nov'99
116 Deo '99
llO>,JFeb'99
91
88Ji
975i Oot,'99
Chic
Debenture Ss
100
Bale
34
Gen gold 4>^8
Sinking fund Ss
1916
4s series A. 1 989
Registered
1989
Gen gold 3^s series B. 1 989
Registered
1989
Mil & No IstM L 6s... 1910
Ist consol 68
1913
Chic & Northw— Con 78.1915
Gold 7s
1903
1.
161% 173
Dec'9i
167
118
909
Dak&GtSog5s
.
93 Nov'99
ll8HOct.'99
Pac Co
2d78
126}^ 1S0>^
Apr '97
85
Charles & Say Istg 7s.. .1936 J-J
Cbes & Ohio—G 68 ser A. 1 908 A-Ot 11 5M Sale
Gold 6s
...1911 A-Ol lis
iBt con g 5s
1 93(1 M-N
lis
Sale
Re istered
1939 :>I-N
a\
111
103
106
Imp Co 5s.l921 J-J •116
Preferred
United Rys (St
Preferred
127M 129
107H
107M t07H
. .
No price Friday;
J'ne'99
105
1 St
See So
129
90
89
.
1946 J-J
g 58. ... 1 946 J -J
Mid Qa & Atl Dlv 58. .. 1 947 J-J
Centof N J.-lst conv 78.1902 M-N
Convertible deb 68. .1908 M-N
General gold 5s
1987
J
Registered
1987 Q-Jt
Leh &
B C con as 78.1900 Q-M,
1912 M-N
68
Le&Hud Rgen gug58.*2<
J
&,
107
Sale
118
M&NDivlBtgSs
Pacific
68..1
MS
Central Ohio. See Bait & O.
CenRR & B of Ga^-Col g 58'37 M-N
Cent of Ga Ry— Ist g 58.1945 F-At
Registered
1945 F-At
Consol gold 58
1945 M-N
1945 M-N
Registered
lit pref income g Ss
1945 Oct.*
2d pref income g 5s... 1945 Oct.*
Sd pref income g 5s... 1945 Oct.*
.
J-J
J-J
J-J
J-J
5s
1910 J-J
Chic & Pac Div 68
1910 J-J
Chic & P W Ist g 58. .1921 J-J
Chic & Mo Rlv Div 58.1926 J-J
Mineral Point Div 5s.. 1910 J-J
Chic&LSu Dlv gSs.. 1921 J-J
Wi8&MinnDivgS8..1921 J-J
Terminal gold 58
1914 J-J
Far&Souassug68....1924 J-J
Cont sink fund Ss
1916 J-J
Southwest Dlv
niH
172«
J •171i«
J •171^
IstLaCrosseA D5S..1919
1st So Minn Div 68. .. .1910
Ist Hast & D Dlv 7s. .1910
since
Jan.
.
1906 J-D
Garb & Shawn. See Hi Cen.
Car < -ent. See Seab & Roan.
Carthage & Ad. Se«NYC&H
Am Dock
Nov'C9
I26hi Nov'9P
125
Butr & Southwest. See Erie
Buff&Susq lstgold58..1913
Regi stered
1913
Mobile Dlv
108
1
Bur C R & N Ist 58
Con 1st & col trg Ss.
& St Peon 78.1905
l8tI&DEiten78
1908
Range
is
Ask. Low. High. No. Low. High
22 98 10^
Sale 100
100
3 104
115 116
116
119%
n7!H
J
Chic Mil
.
.
& Erie.
P gen g 58
Debenture 68
Roch& Pitts Istg
*
Nov'99
116
& Montauk.
Buff N ¥
Buff R &
Cent
1091,^
109J^
BkCitylstcon 58.1916. '41
Last Sale.
J *171J^
J '171H
1st 78 £ gold RD.... 1902
lBtC&M78
1903
1st
Week
Range or
St Paul
Gen gold
1990 A-O
W Va&Plstg5s
I8tgug5s.l91(< F-Jt
Bel
&
Price
Friday,
100
111
.
8outhwUtvlstg3>^s.l925 J -J
1926 « -J
Reglst^r-d
Boonev Bridge.
ChI&L(Con)refg58...1»47
Refundingges
1947
[Vol. LXIX.
1.
Dec. 15.
Bid.
.
1925 J-J
1948 A-Ot
1948 A-Ot
Registered
BONDS.
8^
STOCK EXCHANGE
Week Endino Dec. 15
M & St P— Ist 78 « g R D.'02
1995 Q-Jt
Ann After iBtg 4s
AtchT&SFe gen g48.. 1995 A-O
1995 A-O
Be^istered
1995 Novt
Adjustment g4s
1995 Novt
Registered
Equip trser Ag5s....l902 J-J
Page
(5 pages)
N.Y.
Chic Milwaukee
Allegheny Val. See Penn Co.
Am Dock*
PKICES
MAN
Securities.
Blec Lt
Ht A Pow
Bid.
48.
Gold Ss
N Y A Bast River Gas—
JAJ
lBt68 1944
no3% 106
JAJ
Consol 6a 1946
YStk Bzob
106
Bqnlt GaB
116
iBtOs 1899
FAA ilOl
Con. 5b 1932
MAS {115
Mutual GaB
260
N. Amsterdam Gas, Com.
21
Pref
44
Ist oonsol Ss..
Gaa
NY
{
93
110
118
102%
118
.
.*
83
46
94
Nor Un Ist Ss 1987. .MAN
Standard Gas— Common.
Do
preferred
1st 68 1930
MAN
BROOKLYN.
Brooklyn Un Gas— N Y St
Ist con 5i— N Y Stock
Ask.
Gas
Securities.
(Be.
Bid.
Ask
88% 89%
101
103
110
107
94
118
140
116
119
109
96
116
145
117%
ook B zok
Bzoh.
Williamsburg Gas— Ist 68 {100
OTHER CITIES.
Baltimore ConsoUdat- 8« eBalt. Lls«
Ba7
State Gas—
» ^^
Boston UnltedGas Bonds- •Bosto nLlst
Buffalo City Gas— Stock.
8% 10
80
I
79
Ist 68 Bonds
Chicago Gas— S«« N Y Sto ok Bx oh.
103
71oero Gas Co iBt 68
'inolnnatl
JAnd
Gas
A Coke.
Interest
.
198% 193
tPrloe PAT ih arts
Dec.
16, 1899
THE CHRONICLE -BONU
]
Price
Friday,
Dec. 15.
BONDS.
EXCHANGE
N.Y. STOCK
Week
Week's
Range
Range or
since
Last Sale.
Jan.
1.
Ending Dec. 15.
Conn & Paa RIyi
lit g 4s. '43
Dak&QtSo. S««CM&8tP.
Ask. Low. High. No. Low. High
Bid.
A-O
& Waoo. 8««M R&T.
Dal Laok & Wectern 7i..l907 M-8
Brr Blng & N Y 1st 7s. 1906 A-O
allaa
Bssex Ist7s.i9i4 M-N
1900 J -J
7s
1871-1901 A-O
7
1915 J-D
1st oon guar 7i
1915 J-D
Registered
II T Laok &
1st as. .1921 J -J
1923 F-A
Oonstraotlon Ss
1923 M-N
Term & impt 4s
1900
Warren 2d 7s
A-O
Itorrli
W
Delaware^ Hudson
lstPaDlr7s
1917
1917
B«glst«red
Alb
& 8islstoonga7sl906
106
137^ 140
135"
M-S
M-8
A-O
A-O
A-O
A-O
M-N
148
138"
Sale
!!!!!!
1906
1906
1906
1921
1921 »I-N
Registered
Gold 6s
Registered
Bens&Sar lst7s
Registered
Dal RlT BR Bge. Set
\iS% 126M
124^ 134H
126H J'ne'99
124M Aug'99
13H« Nov'99
.k
isff
113
lis
Pa RR.
137>^ 144
107 dep.'So
lOf^M
106J4
141
Nov'8«
140 Oci.'9b
138 J'ly'99
123 8ep.'99
108^ J'ne'99
108
Aug'98
148
143
148
10
May'97
120H Apr'99
132
116
118
154
J'ne'99
141
Ma7'98
93
Jan.'99
Dan Con Tr Co lstgSa..l933 A-O
Den Tram Co oon g 6s. 1 9 1 J -J
105M 111
141
146H
138
117
142^
lOShi
108^
146
148
128
120M 180M
188
116
113
116
113
1S8
117?<
117H
160M 154
Sep.'99
90
92
MetRyCo
1st gn g ei.l91l J -J
98
1936 J J
Istoong 4s
98
1936 J -J
1st oon g 4^8
Improvement gold Ss.l928 J-D 103
•as M & Ft D. Sm C R & I P.
Baa MAMlnn. S««Ch*NW.
Dan & R Gr 1st gold 7s. 1900 M-N
.
SaJe
•
BasMUnRy 1st g 5s. ..1917 M-N
•atM&Tol. SmLSAM8o.
Dat * Maok Istlleng 4S.1995 J-D
1995 J-D
Gk>ld 4s
Dal * Iron Range Ist5s.l937
1937
Bagiitered
104
Nov'9e
104
108
Apr'99
108
110
76
Sd lien mort«age es...l916 J -J
& 8 1st g 5s. 1928 J -J
Bal Red
Bnl So Shored At g 5s. 1937 J -J
S««8tPM&M.
Minn.
EHtof
aatTVa&aa. SM.S0R7.
77
109
77
108
116
112
W
Blgln
Jol&B
I8tg9s...l941
BUi Lex & B 3. Sm C & O.
Blm Cort i No. S«eLeb&NT.
M-N 107
Baaan&LSnp.
Boraka Springs
1st g 6s. 1933
Bt*TH Istomds
1921
Htvemonlstes
1983
1st general gold 5s.,.. 1942
BaU Co Br'oh Istg 5a..l930
K-A
J-J
M g es. ...1920 A-O
FUnt & Peregold
1989 M-N
6i.
lit oonsol
Pt HaronDly 1st g 5s. 1939 A-O
riaCen&Pen 1st gSs.. 1918 J-J
. . .
lit land gr ext gold 5s. 1 9 3
1943
Oonsol gold 5i
187
103
A-O
A-O
A-O
BrAIndlstoongng 6s.. 1926 J -J
rargo&So. Se«CbM&8tP..
J -J
J -J
rt S * y B Bge. 8m StL&SF.
rort St U DCo Istg 4^sl941 J -J
Istg 4-68.1921 J-D
Ft
Rio Gr Istg 3-48. 1928 J-J
Har & 8 A. 3m 8 P Co.
Gal
ot '82 Ist 58.1913 A-O
al
Ga & Ala Ry 1st pt g 58.1945 A-O
1945 J-JT
Ist COQBOl g 5s
93H
•
103
•101
•lOl
99
•
GaCar&No
Georgia
1st
Pacific.
107^ 108
77
Nov'09
08
106
Dec'99
110^116
110J4 Nov'99
106
114
140
'99
139m41H
140
140
Deo
'99
100
106
• t • • •
Ul«116«
-•aaaa aaaaa*
•••aaa aaaa**
•••••a !••**
>
• « • • a •
109
Oot.''9&
"eoji
21
93^ May'9u
69X
70M
"36
90
111
Nov'99
92)< Ang'bS
05
Ist oon g 4>is.l999
1999
Registered
lBtextg4B.1948
Col
58.1933
1st
T
Hooct B A
g
AHV
W
HooiATexCen. SmSoPCo.
103
104
ll««
116H
66
187
103
100
10
1
NOT'97
Dec'99
103
••«
t aaa
J'ly'99 (••I
121
118^ Dec'99
Sale
103
108
101
Sale
71H
eo
100
J-J 100^
J-J
A-O 103
M-N 98
1961 J-J
1951 J-J
1951 J -J
1951 J-J
BegUtered
lit gold 3s sterling. ... 1961 M-8
1961 M-8
Beglsterad
1052 A-O
OoUTmstgold 4i
1962 A-O
Beelaterad
A Tax gold 4i..l963 M-N
L
1953 M-N
Registered
3^8
Sale
103
Nov'99
Mar'99
storla) 5b
Col Gas L A Heat— Com.
Pref erred •>. ....,, ...
1st 5s
Oonsolid
lit 5s
Bid.
i
98
60%
85
JAJ «105
1933
Gas{NJ)— Stck
JAJ
1930
Oonsol Gas (Pitts)
Pref
118^
100
74
60
60
6
Ang'99
Deo '98
101
May'09
(J
City)— Stk
1st 6s
Detroit Gas— Sm
MAN
N Y Bxo
Bssex A Hudson Gas
lOOyi
77
08
lOSM
110
101
8dgold 5i.
1909
3d gold 4s.
1931
Iowa Central Istgold 58.1938
Iowa Midland. S«« Cb A N W.
RR. Bu
M-8
M-S
J-D
109%
83 100% 103%
101
105% 107%
07% 104%
101
107>i
116%
103%
mii
108
101
Deo'09
107
104% 104%
101% 107
104M Jan.'99
lOlH Nov'99
81
Ask.
100
64
87
107
33
103
103
113
106
104
h.ll8t.
40
46
Oaa
Seourltlea.
Wayne (Ind)— Sto jk
1st 6s
JAJ
1935
Grand Rapids— Stock
1915
FAA
Hartford (Ct) Gas L... 35
Indiana NatA 111 Gao— Stk
1st 5s
lst6sl90S
MAN
MAN
— Stock.
Indianapolis Gas
Ist 6s 1930
Bid.
45
63
106
104
t 43
42
64
105
Ask.
60
65
107
108
47
67
110
103% 104%
Laclede Gas— N Y Stock Bzoh.
43
Lafayette (Ind) Gas- Stk
lBt68l924
MAN 66
48
78
since
Jan.
1.
High. Xo. Low. High)
1C0%
ibi%
88%
Dec''99
25 104
"8
114%
93% 106%
"ii" "e*8%
94" 106%
101% 108%
101% Nov'99
101% Oct.'99
123
May'OO
183
187%
124
126
100
134
Dec'99
Apr'99
130
126
100
138)f
125
100
104% 106%
106% AQg'99
121
104
90
Feb'OP
131" iai'
8ep.'99
104
104
J'ly'99
107
Dec'99
Deo '99
Bale
180
91
Sale
112
113%
70
Sale
68
70
120
120
64
635l<
104
«ov'98
108
A
102% loe
• a • a
4
91
Nov'99
104% 108
119 186%
91
60
107
07%
60
117
Brie.
A O C.
K C A MRAB Istgng6i.l939 A-O
K C P A G lit A ool g 68.193 A-O
Kan C A Paa Sm M K A T
Kansas Mid. Sm St L A 8 t
Sentncky Cent. Sm L A N.
Keok A Des M. 8m C R I A P.
KnoxTllle A Ohio. Bee So Ry.
an
Mloh. Bee Tol
Lake'BrluA
W
lie
Ist g5i.l937 J -J
3d gold 5s
1941 J-J
North Ohio Ist ga 6i.. 1045 A-O
1997
M-N
M-N
1040 J-J
Leh YTerRy Istgng 581941 A-O
Registered
1941 A-O
L Y Coal Co l8t gn g 5s. .1938 J-J
Registered
.1033 J -J
Leh A N Y 1st gn g 4i. ..1045 M-S
Registered
1045 M-8
Bl C A N Ist g Istpl6s.l914 A-O
Gold guar OS
1914 A
Registered
01
OS
"07"
08*
•
08
98
100
100
.
1090
1908
1899
>d6i
Man B Oolonli g 5i.. .1034
Market StC Ry 1st g 68.1013
W
MeK'ptABY. SmPMoKAY
Metropolitan BL Sm Man Ry.
Mat St By gen tr g 68. 1007
BwayA7th Av Isto g 6s. 1943
1948
Beglatered
OolAOthAv 1st gn g5i.l093
1093
Registered
Lex At
Istgn g 5s.'93
.
APF
Tift(ri§fc©r6<J
W S Bl.
••••••••••«•
A-O
J-J
M-N
J-D
J-J
F-A
J-D
J-D
M-8
M-8
M-S
M-8
91% 08
'99
00% 101%
124%J'ly'00
180
Dec
94"
'90
98
101
98
Nov'99
88
184%
iba**
101
101
•
114
104
95
58
87% 87%
87% Nov'99
100
107
100
107
Jan.'99
Jan-'OO
tt*t««
65
63
50
6
Nov'99
7% Dec'P9
5
105
100
181
,
Sale
,
120
108%
99
97
118
J'ly'99
117
111
111
180% 138%
134
Dec'99
Oct.'99
108%
99%
80
97%
19
6
Dec'f9
108% J'ly'99
Oct.'99
Mar'98
Deo'99
106
118
105
116
118
120
120
Sale
124
67%
103
106% 100^
105% llOV
94%
97
111
108
XOQV
101
114%
110
107% 108%
106% 110%
Nov'99
109
97% Nov'99
103 Jan.'98
100
18*
114
115% 181
109%
107
124
61
108
109
06%
10
NOT'97
Dec'99
115% 116%
109% Nov'9w
184
66
103
78
,,,,,, ••••»t
109%Oct.'fi9
'
100
107
100% 100%
100% Apr '09
1937
1940
1940
48.
6i..
Feb
S3
04
98
101
87
06
H
Matropol Bl lit B
lllH
Oct.'9v
05
J -J
1930 J -J •110
B A Nash Istg 6s.. .1919 J-D 111
General gold 6s
1930 J-D 115
Penaaooladlv gold 6s. 1930 M-8
1921 M-8
BtLdlv Istg 6s.
1980 M-8 • 60
3dg3s
1900 J-J
Mash A Deo Ist 78
SmLSAMS.
105^ 113%
107% 109%
1 1% 114%
109% 110
96
103%
Nov'99
39
.....1930
Uanhattan Ry oon
116% 181%
101%Sep.'99
34% 87
8d gold 6s
AJataonOoal.
16
lOSJi Nov'99
Ferry 1st gold 4%8.,.. 1932
Gold 4
1932
Debenture gold 6i... .1984
Gold 5s
Dnlfledg48
Nov'99
111«
109%
Long Dock. Bee Brie.
Long Isl'd— 1st con g 6i.l031 Q-Ji 130
100
Istoong 4s
1931
94
General gold 4s
1938 f-'i
NOAM Istg Or
Aag'98
58% 75
1085< Nov'99
Leh A Hud R. SeeCenofNJ..
Leh A W likes b. Bee Cent NJ.
Leroy A Caney Vai. Bee Mo P.
Lei Av A P F. Bee Met St Ry.
L RAMlstg5sl037Trotf8.
104
110
55
115
'2 103%
100 106
114% 116 Nov'OP
103%
103% 1C3%
01
00
03
08%
05
llSfi
117% Dec'99
108% Sep.'OO
116 131%
100% 108%
180
120
180%
34 118% 184
13 180 186%
121
183%
124
isfi*
124%
124%
181
"34
133% 187
13 184*"
187%
See "Unlisted."
IDaeOatobar. IDaaJoly* aOpttonal.
(GiVBif at foot op 7 oonsboutivb pages).— e^^iS^
Fort
p^=Q
101%
"
Range
\%~S,
KalAAOR. SmLSAMS.
Met
Mar'98
i-e -e
01
60
118
M-N 108% ..
60
J-J
09«
Registered
J-J
97 Sale
00% lOOM
Col tr 5-80 g 4s ... .1903-18 A-O
115
PensA Atll8tgag68.1921 F-A
1931 M-N 105
OoU trust g 58
100 108
LANAMAMlstg 4%8.1945 M-8
NFlaA81stgng58 ..1937 F-A 105
Santnoky Cent g 4i. 1087 J-J
87%
1031 M-N
LOtnALexg 4%
L A Jaff Bge Co gu g 4i.ie45 M-8 ee "ob'"
LNAAC. Sm OIAL.
Louis By Co Istoong 68.1030 J-J
87%
113HJ'Iy'99
112M Nov'98
106 Nov'99
10aMApr.'9U
101
87% 89%
30% 31
54
64%
Bonda 5s
Oonsum Gas
.
these are latest bid and asked this week, t Honda due Angnat. t Dae April. IDneJannarr.
Securlilew.
H A L (F
'
Blnkfd(SAA)g 6s. ...1910 A-O
8ANAoongag5s....l936 F-A
Mar'98
105
106
101
OUTSIDE SECURITIES
Gae
98
98
•
IndBlAW. SeeCCCAStL.
Ind Deo A W 1st g 58. ..1935 .1 -J 100
Istguarlg 58
1935 J-J
Ind 111 A la Ist rel g 58. .1948 A-t» 105%
Int A Gt No 1st gold 6i. 1919 M-N 118%
M-8
J-D
\\%\i
J-D
Uclfled g 48
1949 M-8
96
102H
YARBlstg58..,.ie27
N
M-S
lUHUlH W Y B A M B con g 58. 1935 A-O
Bklyn
AMon
Istg
08.1911
M-t
98M 108M
Ist 5s
1911 M-S
liehi 122
Nor Shb Istoon ggii5s..'33 y-o
La A Mo Rlv. Bu Ohl A Alt.
B A St L Con on g 58 Tr oerts
L
127
181H
General gold 4s
1043 M-8
lOOM 107H
LotisTiUe ANashyille
Br
78
1907
Cece)
M-e
•aaaaa aaaaat
100
101
107)< J'ly'OO
104 Ji
NO
Otty
03%
117M 184
lOOM 107
lOOH
Registered
price Friday
'118
.
106
IIH
J-D
M-S
M-8
Low.
t
ist go:d 4i
*No
, .
Bellev ACar 1st Os.... 1023
St L Son 1st gn g 4i. .. 1931
CarbAS Istg 4s
1932
. .
IUlnoli Centrallit gold
05
Week's
Ask.
nuinols Cei.tral (Con)
Western Line Istg 48.1951 5109%
Registered
1951 b'-a
Lonlsvllle Dlv g 3%s .1958 J-J 101% 8aie
Registered
1953 J-J
8t Louis Dlv g 3s
1951 J-J
Registered
1951 J-J
Gold 3%g
1951 J-J
Registered
1951 J-J
Cairo Bridge gold 48.. 1950 J-D
Registered
1950 J-D
Middle Dlv reg Ss
1931 F-A
Spring Dlv Istg 3%8. 1951 J -J
Registered
1951 J-J
CUoStLAN Og 5s.. 1951 J-D '125
ReiiTistered
1951 J-D
Gold 3%8
1951 J-D
Registered
1951 J-D
Mem Dlv l8t g 4s. .1951 J-D
Registered
1951 J-D
,
Gray's Pt Term See 8t L 8W
HaoAStJ. 8«.CBAQ
Hook Yal
90
93
69 J<
107
Nov'9i<
J'ly'99
Last Sale.
115^ 121
Feb
114)4
Dec. 15.
Leh Y N Y I8tgag4%a..ie40 J-J *109%
106H 108H
8ep.'99
Range or
LSAMa SmNY Cent.
83 139^ 14594
Dec '98
Price
Friday,
104MI11
1101^ 1169^
116M 121
116M Nov'»»
106H Apr'99
140
143
142
140
.ST
1237
2.
Bid.
Registered 5s
Gila VGA Nor. See So Pac Co.
Grand Rap A Ind. 8e* Pa Co.
NTNHAH.
77
118
103
gng 6s. 1929 J-J
Sm 80 Ry.
oasatonle. See
BONDS.
STOCK EXCHANGE
Week Ending Dec. 15
Leh Yal (Pa) ooUg5s..l997
••aaaa
Ill
119
W ADC—
FtWA
HAH
102M 109H
114« NOT'99
116« Nov'«9
.
SmCANW.
"5 107H 118%
\09ii Oct.'99
M-N •116 ina
tdaxtgold 5s.
M-S •
130
Sdeztgoid AHM
M-8
4tbextgold 5t
A-O
120
ethextgold 4i
J-D
lit oonsol gold 7s.. ..1920 M-8 140
Sale
1st oonsol gold fd 7s.. 1920 M-S
Long Dook oon gold 6s. 1935 A-O aaaaat .aaa«<
BnfN T & Brie 1st 7s.l916 J-D •••••a aatii
BnffA 8 W gold 6s. ...1908 J-J
1908 J-J
SmaU
...,
Jaff RR 1st ga gold 5S.1909 A-O) 106
Ohio & Erie Ist g 9s. ..1982 M-N 1 14H Sale I
iBt
gn 6b.1922 M-N
Goal & RR
••• iiiiii
Dook & Imp 1st our6s.l913 J -J 117
NT* Green Lgug 3s. 1946 M-N •105
1946 M-N
Small
Brie 1st oon g 4s pr bdf.1996 J -J
909i Sale
1996 J-J
Registered
"7*6*
litaongenlleng 4S....1996 J -J *69ii
1996 J-J
AegUtered
K T 8 & W— 1st ref 6s.l937 J -J i'lo" !!!!!
1937 F-A
Bdgoid4Us
1940 F-A
General gSs
Terminal 1st g 5s. .1943 .M-N
Regis 96,000 eaoh. 1943 M-N
WUk&EaalBtgag5sl942 J-D 103^ 9ale
Hid RRofNJ litg 6sl910 A-O Il6)i8ale
.
1009< 109
97% 104
93)^ Feb.'99
1947
1919
1923
1920
1928
Brie 1st ext g 4s
40
Page
(5 pages)
N.Y.
Jefferaon
106
A-O
A-O
lOlH Dec '99
97%
B8H
prices
Bid. Ask.
Gaa Seourltlea.
43
48
Loganspt A Wab Yal— Stk
Ist 68 1925
68
JAD 66
Madison (Wis) Gas— Stok
81
83
Ist 6s 1986
AAO {105
Ohio A Indiana— Stock.
41
43
Ist 6s 1986
JAD 64
e6
Peoples Gas A Coke— N Y Stock Bxoh
Philadelphia Co— Sm Boa ton L 1st.
48
St Joseph (Mo)
40
58 1937
98
96
JAJ
68
St Panl Gas— Stock.
01
Conaol5s 1944 ....MAS i 89
01
Syraonse Gas— Stock
13
IB
8EGURITIE8,
6aa Securities.
Syr'seGaa— Ist Ss '46.JAJ
Western Gas (MUw)
6s— S««
NY
St
Bx
dtc
Sid.
Ask.
86% 90
100% 107
list.
Teles, dc Telepta.
*inertoan Dlst Tele— NY Stock Bxoh
Bell Teleph. of BaflUo.
175
Uentrai A South Amer.... 111
113
Ohes A Poto Teleph— Stk
60
e«
Bond 58
104
.
Oommeroial Cable
Oommer Union Tel (NY).
{And
103%
114
Intereat. tPrioe par ah are
THE CHRONICLE -BOND
1238
Friday,
Range or
Dec. 15.
Last Sale.
M
J
-J
J'lyt
M Income gold 6i B..1917
•Ifaz North lit
23
10><
11
10
ll
S7ii Sale
••e««e eteeei
••ee«« eefte*
An.t
J-D
gold 6i..l910
Seetf Y Cent,
SmNTSqi&W
Mid of N J.
-^MU Bl Br &L30-rrg 51.1936
'
82
\-0
Max Int«rnatlito.>u g 4i.'77 M-8
•f«xNat lit gold ai
1987 J-D
•dlnoei ACp 8tmpd.l917 M-St
Mich Cent.
Sale
1 •
. .
. . .
•
22"
.
Iowa ex lit gold 7i... 1909
6onth Weitex I8tg7i.'l0
Paolflc ex lit gold 61 1931
.
14
108
Apr''99
Oct.'99
«»H 7»H N Y Cent— L SAMS (Con)
Coniol3d7i
16^ 89H
1903
Beglitered
1003
9H 1494
Gold 3^1
1997
"84^
64
Beglitered
1997
'88X
OlnA Slit gL SAMS 7i'01
100
100
108
1990
Hit exten gold Si.
1944
T litgagSi.'43
APao lit g4i.... 1990
DalAWa lit gng 01.1940
MKATof
KO
BoonevBdisOogug 7i..'06
V«bo is Neoiho lit 7i. 1903
MoKABlitgag
Mo Pao— lit con g
Bd7i
Vraitg Si
Begutered
Si. ..1943
61... 1930
IVUtt
103^ loe
J-D
J-D
A-O
M-N
M-8
••••• e»«e«i
Apr'99
J'ly '99
»6% 96
4i.
96
100
•••••<
108
r-A
M-N
M-g
F-A
M-N
M-N
J-D
A-O
M-N
M-N
109
Oct.'99
89
Sale
Sale
Sale
92
77
9S
»<%
93H
94>^
83
78
68
3S3
37
13
93
77«
5
771»
94
Dec '99
1O0J6 Nov*09
113
114
97
Sale
116
94J4,
92
94
•uo«
93
.,..,
41
lis
Dec'99
Dec'99
93}<
104^
104 jg Sale
lOlM
110
Nov'90
106H
J'ly'99
194.5
110
lis
Small
Mob A Ohio new gold 61
1945
. .
'37
lit exteniion gold di.l927
I
J-D
Q-J*
M-S
F-A
0«neral gold 4i
1938
Montgom DlT lit g Si 1 947
Bt LA Cairo gag 4i..l931 J -J
.
Mohawk A Mal. Sm N T O A H
Monongahela BIt. Sm B a O
Mont Cent, Sm 8t P M A M,
Morgan'i La A T. Sm S P Co.
Morrli A E8sez. Sm Del LAW
NaahChatAStL
lit7i.'13
3d 61
lit oon gold 5i
J
*««ete ••e«*i
135
117
Ocf99
106
83^
-J
M
lOS
106
-J
Dec '99
Ore A Cal. Sm So Pao Oo.
lOOM 108M Ore Ry & Nav Su Un Pao
Dec'99
113
lis
113
McwAClnBdge. SMPennOo
M0ANBprlorllengSi.l91S A-01
N T Bkln A Man Bh. 3e» L I.
118^
-J
.
^8^1
\\2H
111^6 ('ct.'99
14
'Oi%
loew
8
8ep.'e7
J'ne'99
10494 Feb.'99
102^* Nov'99
1029^ Aag'99
IIOI4
llOM
112Mi Apr'99
J-J 100« 110%
J-J
F-A 98 Sale f U
08
P"^ Dec'99
F-A "06*
Sale
9
F-A
97 J4
9H
F-A
96
96
4
M-N noii<
Aag'00
M-N •lOlH
lOlH lOlH
M
103 Ma7'07
F-A •103
F-A
Weet Shore lit 4ign.93ei J-J •111 ....
112
Beglitered
3361 J-J •110«lll), II
lliH
Beech Crk lit gn g 4i. 1936 J-J
09 Dec'99
Beglitered
u6 J'ne'98
1936 J-J
adgngold Oi
1936 J-J
Beglitered
19S6 J-J
Clearfield Bltnm Coal Corp
J6
litiflntgug4iierA.'40 J-J
J'ly '08
Small bondi lertei B. .'40 J -J
QoaT A Oiwe lit gn g 5i.'42 J-D
BW AOgoon litextSi.'33 A-Oi •126 187k !87J^ Dec'99
Mor A Mont lit gn g Si. '16 A-O
B W A O T B litgngOi.18 M-N
«e«i
OiweABSd gng0i..l91S F-Ai
113 Apr '00
lUtloa A Blk BlTgu g 4i. '33 J-J
7
Ang'98
Moh A Mai litgn g4i.l991 M-8 *••• 108 106)i N0T'e9
OartA Adlitgn g4i.l981 J-D *••••! eai
HTAPatlitoongag4i.'93
MT ANorth litK0i..l937 A-O
A-O •*•%%% 135 133 J'ly '00
lAke Shore A Mich South—
Det Mon A Tol lit 7il906 F-A
'S
194
J'ne'Oe
Lake Shore oon Iit7il900 J-J 103^ Sale
W^4 103M
1997
1997
Etogtstered.
Ul«117«
llimi7H
l>ec'99
106^
106^
....
109M
102^ lOSM
X<ake Shore col g 3><8.1998
Begl8tered
1998
Qllob Cent ooU g S^i. 1 998
Registered
1998
Harlem lit 7i
1900
Beglitered
1900
J Juno R gn lit 4i 1986
Beglitered
1986
1
.
,
"S3
S
33
87
and
OUTSIDE SECURITIES
Bid. Aik.
Teleg. Sc Teleyli.
Kmplre A Bay Htatv Tel.
76
78
tie Teleg A Telep— Sm S tokBx List
C<Maklln
MTANJ
s 1090
Telephone.
.
MAN
asUiti
t
bis
week.
U1W118K
Teleg.
97
96
96
108
108W
183 188
103 lOTM
1019^106)4
tDueJan.
& Teieph.
Ask.
75
90
95 100
Stock Bxch
Bid.
.<<.<ntlo
Bosto
nllst.
190
188
Bddy Blectrlo MfgCo..35 t 13)6
BdUon Kl 111 Co NT- N T Stock Bxoh
BdlsonBi in Co Brk— N T Stock Bxota
183
90
lis
118
on
lilt
117
185
lis
no
Berlei B.
rle A Pitt gu
f 7i.
.
BdlsoD
«
-'
104^
Oot.'»7
189
186
183
Nov'09
••••
•
78
79
133
Sep.'99
Aag'09
*
lot
188
188
.... •••••^
I1794ii41)6
1794 Sep.'''99
J'ly'99
113
118
116
lOBH
lOD^Nov'Oa
103
10«H
135
128
130
188
189
180
06
101
"'iitni' Oo....
10
J'ne'09
Deo '99
99
3
106
9194
9SX
J'ne'09
11 9X
Apr'99
l02XOct.'99
66
850
06
M-N
108)i
80
66
95
eoM
88)6
95)6
06)6
I<4H190
....
86H
1900
104
Sale
•104)i
8ep.'99
lis
119
1315< 181M
188
138
101
10614
103
104 2
70
60
k)0
MH
96
113
laiM
85)6
May'99
120)i Dec'99
108H
J'ly'OO
107)6 108)6
los
8S
74
Oot.'09
108
86
OS
104
104
105«
103
110
Dec'99
7SH
83
as
Feb., 1031
BdgiWi
Pine Creek res guar Oi. 1033
.
flttiOlnAStL. SMPennOo.
A
P
St L.
Bet
179
40
19
IS
19
Wayne
Series
A
•«••
114
114)4 115
Nov'99
11 SX J'ne'99
114
«••••<
118
119
NOV98
113
107
104)6 107
105)6 107M
Dec'99
10596 Apr'99
Apr'97
109M
140 Nov'99
1 39
Nov'99
13894 141
135 J'ne'99
110)6 Oot.'90
140 UO)i
ISS
186
119)6110)6
ios)i Sep.'e9
191
J'ly '00
191
113)«lli
10S)i 108
181
••••«t •••••
111
114
Oot.'09
108
Nov'07
108
Ma7'07
110)6110)6
110)6 _ 110)6
116)6 reb.'e9
100
07
Q-F
M-N
J-D
IDueMay.
Bid.
0894
0896
979< Nov'99
190
00
80
Deo '98
186
06
187
Apr '00
9896 101
98)« BSM
80
19«
06
ISO
N0V97
Due Nov. a These
T
—
preferred
Narragan. (Prov)Hl Co.50
New Hav (Ct) Bleo Lt Co
Bhode Island Bleo ProfV)
Ask.
IH
4a
Bleo. Oo. .96
Oeneral Blectrlo Ci N T
Do pref.— Sm Boston L
Hartford (Ct) BleoLt Co.
Hartrd(Ct) LtAPowCo3S
Mo Bdlson Bleotric
Do
118)6 118
11894 116V6
Nov'»9
Nov'98
Penn Oo.
IDueJune.
Electric Companies.
Bast Bnd Blectrlo Light.
Bleotro-Pneamatlc Trans
Fort
108W 10496
{\3%
lis
103
100
17
10496 Nov'99
il3)i
10294
1942
g 8><i B. 1 940
1940
SmCCOA StL
P«oAPekCnlitg6i...l081
tDueJuly.
318
eei
:o5x
"s'sK Bale
Qengag4)<iier'iA.1942 J -J
feoABast.
188
ISO
118
980
•
10 105 109
9 103). lOOM
10514
J'ly'99
131)i May'99
132 J'ly'99
101)^
lOSX 196
108X
M-N
A-O
J-J
BerteiO
J-J
now 117% 9rBAIexlitgng4Hii.l941 J-J
AUegh
y
al
gen
gn
1
94
M-8
4i.
2
looSiisS
g
NACBdgegengag4Xi.'45 J-J
100 118
'ennBB lit real ei g 4|.10B3 M-N
Con sterling g Oi
1006 J-J
Oon currency 61 reg...l00S Q-MI
1910 M-8
Oon« Si
Beglitered
1019
1943 M-N
Oong 4i
01 A Mar lit gn g 4Ui. 1 9SS M-N
UN J BBACan gen 41.1944 M-S
182H 183
DBBBABgelitga4ig.'S6 F-A
Bon A LewU litg 4b. .1036 J-J
PensaoolaAAt. Sm LA Nash
118
118
Peo Deo A B lstg6str rea'80 J -J
vansDlv litg6Btrreo.'80 M-8
106M lOOM
Sd g Ss tr reo 1 St pd.. 1 086 M-N
C)«v A Pltti oon I
100
Providence Telephone.
Southern a a tlantlo
Weit'n Ti'i.on Teleg— N
Eleetr*t- i:oiu»anlee.
Allegheny Co Light Oo... 168
44
Bruih blectrlo Co
Br'dgprt (Ct) Bl Lt Oo.90 t 49
8
Consol Bleotric Storage..
40
118
190
187
96
90
Sale
00% Sale
(C+ivbn at foot of 7 oonsboutive faqbb).— TSL
•'•MlflO 4>
189
137
117)4 Aa«'98
101
Feb '97
8d7i
1912 A-0»
C StL A P litoon gOi.1932 A-O
BegiiterM
1932 A-O
97U lOS
188
\% Dec'99
price Friday; these are latest bid
•«id ABtoek
Bond!
IXKdion Blver Telephone
fntematlon Ocean
Mexican Telegraph.
Mexican Telephone— Sm
Mew Bng Telep— Sm Boit
Jlorthweitem Telegraph
•
185
120
109
99
A St L lit 7i.l000 F-A
Registered
1000 F-A
PltU Ft W A O lit 71.1913 J-J
8d7i
1913 J-J
10894 108
lOlH 106)1
•
•No
108
104
PltU Cln
10^^ 113U
178
I'
101
103
122 Feb.'98
ISO
Nov'99
137
Dec'99
106)^Feb.'9«
108 Jan.'98
119
OieRRANav Sm Un Pac
Ore Short Line Su Un Pac
Sm N T C
O O F A St P. Sm C A N W
Coast Co— lit g Si. 1946 J-D
Pao
aoof Mliionrl. Sm Mo Pao
Panama litifg 4)^8. ...1917 A-O
8fiub8ldyg6i
1910 M-N
PennCogn litg 4^1... 1931 J-J
Beglitered
1031 J-J
Std 8>4i ool trait reg. 1 037 M-8
P C O A St L oon gn g 4Ui—
BerleiA.
1040 A-O
SerleiBgnar
1043 A-O
Berlei Ogaar
1043 M-N
Serlei D 4i guar
1045 M-N
I079i
10294 10894
1
1900 Q-Jl
106^ 118M
106H 118M
lOSH 100
I
Beglitered
19394 19894
10794 118)»
Oiwego A Rome.
\0\%
.
•
111
101
••ea* e«t««fl
Beglitered
1903 J -J 113
Debenture Oiof. 1884-1904 M-8 1061^
El«gUtered ... .1884-1904 M-8 106^
Beg deb Oi of . . 1889-1904 M-8 106!^
Debenture g4i., 1890-1905 J-D 100^
BegUtered
1690-1905 J-D •lOOJj
S>ebt oerti ext g 4i....i905 M-N •lOl
Beglitered
1905 M-N
104
OIndAW. S««OCOA8tL.
hlo A Mill. a«» BAO SW.
Ohio River RR lit g Si..l036 J-D
Oeneralgold Si.
1937 A-O
Cm A StL litg 4i
1901 J -J
138W
NoT'99
Sep.'99
i
lift
119'
May'99
i
StPANPgeng6i...l933
ISO
lot
ISO
101
106
117H,
118H
1931
Reglitered otf 1
1983
Prior Uen r A I g g 4i. . 1097
Reglitered
1097
General Hen g 8i
8047
••••••
Reglitered
8047
eiiiai
WaihCent litg4i.. .1048
ISOU
Nor Pao Ter Co lit g 01.1033
138
Nor Ry Oal. Ste Cent Pao.
90
100^ Nor Wli. Sm C St P A O.
Nor A South lit g 5i. . 1041
Nor A Mont. Sm N.T.Cent.
SftwHAD.
« TOentAHB— lit 71.1903 J
Reglitered.
. .
liteiT A Pb
lit6iMcMMWAA1.1917 J -J
«Mh
SmNTNHAB
H J Jnnc RB. Sm N T Cent
Sale
1375i NoT'99
181M J*ne'99
8S>2
84
109
1901 J -J
1928 A-O
1917 J-J
lit gold 61 Jasper Bob. 1 933
Flor A Shef. Sm L A N
•eaea*
138
In
106
106
•••• •••••«
Qen litRBALOifgei.'21
iim
'•••••
•114
84
11
1
..
A-O
A-O
1906
1996
North lUlnoli. SMOhlANW
North Ohio. Sm L Brie A W.
Northern Paotflo—
114H
-J
J-J
-.1
J-J
114M117:
113
Dec'99
10)4 Nov'99
lOSH
t'SX
SmNYOAH.
Reglitered
Small
io4j^ loo"
Sfe"Unli8t.Bd8."
Mortgage gold 4i
1.
High. No. Lovo. High
103H 103
••«•« leaeei
N T A B B. Bu Long III.
NTSAW. Sm BrtS.
101^ 107H N T Tex AM. Sm 80 Pao Co.
108k I21k Norf A Weit— Gen g 61. 1931 M-N
New River lit g 61.... 1038 A-O
112 117
ImprvmtAext g 61... 1034 F-A
91M 108
OOATli gng6i....l032
J -J
Solo VAN Blitgng4i.ie89 M-N
88
S8M
N A W By litoong 4i.l096 A-O
198 106
109
Nor'99
109
107
109« 109
Sale
tince
lOOS^lOO^
105^ 106M Dec '99
114
Range
Jan.
1V294 Nov'99
108
108
eea«
96^ NTAPnt.
LXIX.
.
'09X Dec'99
108H Deo'97
105
103
HA
90
69
e6H
,
108
prior lien g 5i.'45 J
.
Convert deb certi $1,000
SmaU certfi »100
Honiatonlo B oon g 5i. 1 93*7 M-N
109 UOH
N
Derby oon Si. ..1918 M-N
NTANBlit7i
89
96
1905 J-J
lit
61
1905 J -J
65J<
N T A North. Sm N T O A H.
83
86
If" N Y O A W. Bef lit g 411992 M-Sl
Begli f 0,000 only... 1992 U-81
88
•
,
89^
67^
94H
.
Small
.
*
n4)<Nov'99
110!^
.
•••ee
MUlBlTBdge. 3««Ublo«Alt
MobABLnn
Ask, Low.
NT Lack AW. SmDLAW
NT LB AW. Sm Brie.
NTANH. SmNTNHA-^
NTNHA Hart litreg4i.'03
leeeee leeee*
aenoonryAldgrtgos'Sl
nenoonit&mpgtd g Si '31
New
ISO
135
137
110«116W
NOT'90
Last Sate.
>180
107Ji
M-N
M-N
M-8
M-8
-M
O A St litgn g 3i.'89 J-D
N T Chic A StL Iitg 41.1937 A-O
Beflit«red
1937 A-O
N T A areenw Lake. St* Brie
NYAHar. SMNTOAHnd.
Deo '98
UIH
111
149
131
127
Jan.'99
Dec. 15.
118
1909
'185
1931
1931
1940 s
.1940 J -J
Si
Beglitered
1917 M-8t
1917 M-St
lit ooU gold Si
193U F-A
Bogiitered
1930 F-A
Pao B of Mo litexg4i.'38 F-A
Sd extended xold 61 1 938 J-J
TerdV I A
lit g Si.. 'SO lW-8
lisrorAcy AL iitgSi'se J-J
St Louis & Iron Mount
W
Mich Ceut— litoon 7il902
lit con Si.
.1902
Bat
100
121
137
138
Week's
Range or
J-D iio
T-D •no
J-D
J-D
A-O
Mahon C'l RR lit Si. 1 934 J-J
14
108
[Vol.
Prxce
KAAQR litgoSi.1938 J-J
14
Oct.'99
3.
Friday,
Bid.
69
46
Beglitered
M
'Mgold4i
1.
Low. High
.
Mo
Jan.
«i
lit ooni gold 5i
1984
lit and refund. 4a.... 1949
P
lit
A
5a 8t 4b Int ga..'3d J -J
B8MAA lit g 4i Int gn 'Se J-J
BtPASSM oon g 4iint gn'SS J-J
Minn St Rj lit oon g Si. 1919 J-J
Un. Sm St P
A M.
Kan A Tex— litg 4i. 1990 J-D
M
M
M
MUm
8ep.'99
106
Se«Chlc4NW
* Mad. See Chio & N W
MU&North. SeeChMAStP
MU A St P. Sm Ch M A St P
Win A St L gn. Sm B O R A N
Minn A 8t L— lit g 7i 1927 J-D
.
87
100
No
BONDS.
N, Y. STOCK EXCHANGE
Week Endino Dec. 15
since
o o
Page
(5 pages)
01. ...•...•••••
F-A
MLS
AW.
If U
Range
S-2
Ask. Lmo. Higii
77H Dec '99
Bid.
"Uex Cent ooc gold 4i. .. 1011
Ittoon Income K3f...l939
oon Inoome g Si. . 1931
qalp A eoU g Si
«
Week's
ti-ice
BDNDS.
If.Y. STOCK EXCHANGE
Week Ending Dec. 15.
prices
dt
are option lalei.
BLEGTRIG, do
Bleetrle Oemvanlee.
Toronto (Can Blec'.tOo.
Tb om Hoast Welding Oo.
OnttedEIeoXitAr uopref
'
8o.
40
Bond^
Stock Bxoh Woonsocket (B
36
Aik.
144
100
"is" 18
Bid.
14S
I)
106
Bl Oo..
07M
lit.
148
t
168
94
66
09
100
117
Ferrr Cempanles.
Brooklyn Ferry-Stock
7
86
68
00
no
Bonds
6i
..
1
88
04
100
88
06
lis
Metropolitan Ferry—5i..
N J A N Y Ferrt—Stock..
litOi 1048
JAJ Ill's"
lAno Interest. tPrtoe Der sh era
no"
Dec.
16,
THE CHRONICLE -BOND
1899.]
BONDS.
STOCK EXCHANGE
Wbek Ending Dec. 15.
Price
Friday,
Dec. 15.
N.Y.
.
1
932
L Brie— 3d g Si
. .
1
Jan.
N.Y.
1.
Ask. Loto. High. No. Low. High
A-O
107«
IstoongSs
131
Not' 98
938 A-01
1934
J-J
J-J
J-J lOOK
100«
JPM A CoMrtfa
ntUT*Athlttoon5tl927. M-M
1043
Ittoonaolgold 5i
PltUAWeat lit g 4s... 1917
RMdlng Co gen g 4«...1997
J -J
1997 J -J
Be^Utered
KanMelaer St ear. See D & U.
Bleh A Dan. Be* Soath By.
193U J -J
Klo ai Weit lit g 4a.
Utah Cent Istgug 4s.l917 A-01f
ftloOrJuno Istgag Si. 1939 J-D
1940 J-J
RlO Or So lit g 3-4i
85H
06
.
,
,
Sale
Sale
83ii
103H
74^
Pltti. .See B R & P.
& Og See NY Cent.
SaltLakeC latg If 6i. '03-13 J -J
Booh A
....
90
116
98
100
J'ly'97
08
lOlH
8
esH
101
84^
86H 343
84H Dec '09
844i
101
96
88
105
30
101
lOi
84H 89H
33
97
919i
91
102H
87« 88H
103H 105
73
74M
NOT'OO
74>i
83H
Sale
84
91
40
87
79)4
.
Nov'90
Dec '90
Nov'99
124^
109M
134M
100
lOOM
110
110
110
106
Oct.'99
Oot.'97
83
100
100
Series
C 68
4-58
B
92M
e2M
85X
57H
87X 147
60H 723
112
Nov'99
112
108
W
•••
• ••••
133U
130
Feb '00
130
11 OX
Decoy
100^ 115
lOOJi Nov'99
U8« 134H
no
no
Nov'99
Uec '90
141
Dec'99
Feb
'99
137K
138H
136
lis
118
108
103H 106U
114)4 118«
8
33 113
106
180
110
109
119
UO
,
106
Nov'90
'
100
115
90
U7)4 119
108
Oct.'99
108
Jan. '09
ibo" ibo*
KO
109
Sale
107)4 110
i86
13614
101
100
102)4 110
10i«)«lll
100)4 Oct.'99
105
102)4
,
loji liiii
i
123
Aug'99
116)4
113)4 116
Feb.'99
00
117
Dec'99
84
180M
Syra Blng
'Per
litgold Si
3d gold inc.
6i,
A-O
F-A
A-O
M-8
3000 J- D
Deo. .3000 Moh.
TolAOC
Sale
1 1 1
.
.1937 J'-J
. .
11244 11894
11814 J'tie'99
11 1?4
Nov'99
103
Oot.'w^
107
111
60
NOT'90
11194115
104
43 100
113
Oot,'99
46T4
SIH
136)4
107)4 Dec '00
108)4 Dec '69
104
100
108
80
4
78
93
99
99
4
7 100
89
88
108
103
80
88
1939
M-N
F-A
J-J
J-J
litg6iDetAOhBxt..l941 J-J
StOhai Bridge litg 61.1008 A-O
114
Sale
11394
114
43
Sdgold 6i
1939
Debenture leriea A.. .1939
SeneiB.
1939
100
eiale
100
83
lOOH
66
General gold 6i
Kan A M
Tol Peo
Ist
1935
gu g
4a. ..1990
litgold 4i.l917
AW
TStLAKO
85
83
83)4
10
88)4
80
80
118 Dec'99
99 Ang'99
1G3M 104
79)4
1161U
66
66)4
61)4 Nov'OP
138 Dec '00
J-J
A-O
J-D
A-O
J-J
litgSi
1935
Weit'ndlv Iitg6s....l935
107
19>N
103)4
117
181)4
lstg«str.l916 J-D
100)«
1046 J-D»
104
106
"
s'jje
A Del 1st g 5s 1 938 J-D
100)4
30 113)5 119H
nBl(Ohls) 1st g5s..l945 A-O 109)4 niH 100)^ 109),
Union Paolflo—
lbs" ibsii
BB A and grant g 4i 1 947 J-J 1039^ Sale 102H 103T4 366 10294 100
103U 10894
104
Registered
104
103% Oct.'99
1947 J-J
108 118
**•• !••••• 108
OreByANavlitif g6il009 J-J
Nov'99
81
106
101
lOOH
OBeBBANar
gale
101
oon
100)4
41.1946
i37i<
i84Ji
g
J-D
31 186
188)4
Ore BhortLlne 1st g 6il032 F-A 113^ Bale 187)4 128
181
131
131 Mar'99
1908 J-J
113«110M Utah A Nor lit 7i
Gold 6i
108 May'97
1926 J-J
108 117)4
ibs" 113)4
Ore Sh L— lit oon g 61.1946 J-J 113^ Sale I13W 114)4
88
108
Non-oum Ino A 6i. 1946 Sep.t
108)1 Nov'9w
66)4 80)4
Non-ou Ino B Aool trl946 Oct.*
^5)4 Oct.'99
116« 115«
106H Mar'OH
102
Dec '99
104
103
09
100)4 108
117 118H
Dec'99
Dec'99
102
W
trnat Co otfs
Third Av Ist gold 6i.
110
13SM
138M
137M
146!^ Tor
1379i Ulstar
Ham A Buff lat g 48
.
I
Jan.'99
Jan.'08
Oct.'99
Apr'07
Dec '09
Dec'99
.
. .
Apr '00
1139^Oct.'00
183
113
DnlNJBRAOCo. SMPaRR
lis"
i's'o*
95
107M
113H112M
Nov'OO
Mar'OO
138
113
104N Fob.'e8
133
ISSH
••••••
••§•
W
Utah Central. Sm Rio O
Utah A North. SMOreSL.
UtloaABlackR. Sm NY Cent
VerYallndAW. Sm Mo P.
IrglnlaMld. Sm South Ry.
W
abash lBtg5i
86
.
Sm Del L A
Warren BB.
W
37^
Bale
36^4
•110
106
110
110
113
94
118
108
10
76
8494
83
33
504
42)4
39
106)4111
Dec'OO
100)4118
May '00
Wash Cent See Nor Pac
Wash OA W. ate Southern
70^
98"
Sale
Sale
Registered.... .. 1049
Mort guar g 3^8 .... 1939
Reglett-red
1929
Oal Har AS lit g 61.1910
97H
065« isi
80H
Sale
79H
8C5C 322
F-A
J-Dt
J-Dt
F-A
A
9dg7i
1905 J-D
MexAPac 1st g.... 58*31 M-N
103
HoniATClltWAN7s.'03 J -J
••• ••••
lltgSilnt gtd
1937 J-J
••I •••••
1913 A-O 110
Oong6ilntgtd
a«ng4ilntgtd
1931 A-O
84 Sale
Morgan'i La A T lit g 6i '30 J -J lasH
litTi
1918 A-O
NT T A Mezgn litg4i.'12 A-O
Ore A Cal litgtdg Si.1927 J-J
aAAAPaiilitgag4i.'43 J-J 79^ Sale
Tex A N O lit7i
1905 F-A
BabinedlT lit g6i.. 1912 M-S
Con gSi
1943 J-J 104 Sale
BoPof Argn litg6i.'09-10 J -J lUH Bale
SPof Callitg6i..l905 A-O
1st gold es ser B..1905 A-O
Ist gold 68
1906 A-O
lit gold 6i
1912 A-O
litoongnar gSi..ie37 M-K
1006-37 M-N
Stamped
A A N W lit gn g 51.1941 J-J , OT^Sftle
fl P Coast lit gn g 4s. .1937 J-J
BPaoof NMexlitgei.'ll J-J
OUaYG*NlstKUg68l924 M-N losji ibs"
NoofCal Istgug 68.. .1907 J-J
Guaranteed gold 58..1938 A-O
.
II
79
86
no
100
77
116
100
10
80M
Dec '08
63
107
71
00
60
118
1st 6a
OoslSs
08H 95
33
30
T.A B B Trans A Ferry
94
Bonds 6b of 1006. MAN i 92
01
86
10th A S8d BU Ferry
108
1st mort 6b 1010... JAD il06
43
40
ffBton Ferry—Stock
MAN noo 108
Ist6a 1080
i Buyer paya ao'vued Intel e St.
SmBAO.
184
180
07
77
106
86
WUASlouxF.
J-J
A-O
J.J
F-A
108
98
92
Deo '07
113
104
06
lis
Jan.'00
108)4 Nov'99
no
96
Apr '99
lis
110)4
0894
03)4Mar'e8
W J-J
34
l«0T'e7
76
Nov'OO
68
70)4
6)4 J'ne'OO
3
loS
6'e«"tJnllBt'dBd8.
J-J
M-N
ChOLACCo. SmPQACCo
Columbus
Gas
Istg
.1933
5a.
J-J
108M
104
106
85 00
113T<NOT'08
104^ Dec '00
108
Ang'99
106
100)4
.
Con Gas Co.
.
SmPGACCo.
Detroit City Gas g 5a .... 1 933
Det Gai Co oon lat g 5a. 1018
Bd Bl 111 lat cony g 5b. 1010
lat oon g 5b.
1005
106)4
.
" 106
*
Am AgrlonI Chem— Sm
7
Ask.
81
ston List
Bid.
8094
li
Amer Air Pow of N Y. 1 00
&.merlo'n Axe A Tool 1 00
Amer Bank Note Co. .50
I
.
.
American Beet Sugar....
Preferred
Amer Bicycle—Com
t
37
80
47
94
73
MAB
Amer.Caramel— Common
60
100
80
46
31
80
87
77)4
80
60
00
68
103
82
1040
Beglitered
Due July.
(Givbk at poot of
Par.
Brooklyn IstgSs
I
Due March.
oonsboutivh
1
116
J- J
F-A
M-8
J-J
A-O
A-O
Due Jan.
I
116
08)4 Bale
•
Rllaeellaneona. Par.
Bid.
.
182
111
76
American Screw
250 t800
im Soda Foun—Com. 100
5
Ist preferred
1 00
50
8d preferred
100
American Surety
50 910
Am Typefo'rs— Stock. 100 63
Amer Strawboard....lOO 89
Bonds 6s
FAA 108)4
Amer. Woolen—Com....
19K
77
36
80
85
dt
66
18
380
65
81
10894
101
107Mlli94
180)4 IM
111
111
MISCELL' 8.
MlecellaneeuB. Par. Bid. abb
Amer Wringer com.. .100 106
116
Prof
Amer Graphophone..
.
.10 t 1894
10
t
Amer. Writing Paper Ss.
anderson (John) Tob.lOO
Automatic Yendlng...lO
Barney A 8m Car
100
Preferred
6s 1043
Bergn
81
79
180
option salea.
Preferred
10
98
08
35
"8
Dec'OO
May'OO
Due Nov. a These are
Ask.
10 116
116
98)4
0«»W
99)4 Nov'OO
108^
108)4
99
108
paq^&).^FBRRV
Amer Hide A Leather.
Preferred
Amer Press A8soc'n..l00
Preferred
0194 Oot.'08
'39
'45
101
Bends due Aug.
Preferred
00
Bngraved truit oerttfloates.
Inoome6s.
1037 A.-0«
.
American Olnnlnv
M-N
Winona A St P. Sm C A N
WlsCentColittrgei ..1937
Bos U Gas tr otfs B f g 5a
BklTS U Gas Ist oon g 6a.
Nov'OO
1069^ Dec '09
08
07M
Preferred.
Bonds 6s
7094
8494
\OBH
GAB A KLBCTBIC LIGHT BON DB.
100M116
106H 188 AtlanU G L Co 1st g 68.1047 J-D
6
104
t
14M
SMStPMAM
.
106
64
67 108
NOT'OO
Amalgamated Copper
.
WYaAPltta.
1936
Y Cent.
W YaCentAP lit g6i. 1011
New 48.
106M NOT'07
104
104W
112« WiH
108)4 118
113
67)4
68)4
84?g Nov'OO
See Cent Pac.
40-year oon g 6a
West Shore. Sm N
118H Wheeling A L B lit g 6i. 1036
113
Wheel DlT lit gold 61.1038
00
Bxten A Imp gold 6s. .1030
WUkeiABaat. SmNYBAW
107
108
28 83
83
84
120^Feb.'98
184 Nov'90
mscellaneeae.
Bid.
100^ llOH
57 lOOM 106
Oct.'99
112M
«8«.
•
W Chlo St40.yr litcur6s.'28 M-N
114
108
102^
A Pa—
86
JOX 89M Western Pao.
Oct'OO
100^ Nov'09
118}<Deo'99
Weit New York
lit g Si
1037 J -J
Geng3-4i
1043 A-O
Income Ss... .April, 1043 Not.
91H 102Ti
West No Car. Sm South Ry.
NOT'99
103
87W
70
85
81?^ 670
108
and asked this week,
OUTSIDE SECURITIES
67
110
nOM
116
133
134
133
134
133
ibo
1936 M-^
Gtd stamped.
1936 .M-N
OA
Ist oy gn 48.1934 F-A
Eng
Gold 48 Cent Pac col..l94e J-Dt
1049 J-Dt
Re Istered
CPaolBt lef eng48.104e F-A
9<5
106)4 106)4
107)4
Aug'99
[»i-e
A 68.1906 M-S
1906 m-8
1911 M-8
1911 M-S
1916 M-S
1916 M-S
1921 M-8
1921 M-S
19-^6 M-S
1936 MS
1931 M-S
A N Y. Sm DLAW.
A of St L lit g 4)4i.'39
1 lit oon gold 58.1894-1944
St LMBgeTer gag 51.1930
07
Tex
A N O. Sm So Pao Co.
849i
40M 66% TexAP Ry B dlv litg 61.1905
89
103
93p^ 06
2
106J< Nov'99
69
Ss
OenSi
115
•odBayASo Ist g Si...l924 J-J
A Ga. Su Southern,
•onthem Pacific Co—
Tl»rtoa 'n«r share.
ser
\\6\i
to Car
HolMken—Stock
Mid
Virginia
Series Fl 68
83
98
5
M-S
1934
litgSi
•etOtoYalANB. SMNorAW
1036 J-J
•Mb A Roa lit Qi
Car Cent lit con g 4i. 1049 J -J
Wmtrj C*B»anlea.
Mar '99
107?4 Oct.'99
West N C 1st oon g 6s. 1914 J-J
136M
119^ SAN Ala. Sm L A N.
lOOH 103H Spok FallsANor Istg 68.1939 J-J
SUt III Ry lat gn g 4)48.1943 J-D
Sunb A Lew— Se« Penn RR.
14
88M
130
• AAAP. SMBoPaaCo.
• VANPlitif g5i...l019 J -J
••T F A W lit oon g 6i. 1934 A-O 132M
A-O
k T A B R Ferry— Stock.
Bonds 6a of 1038. MAN {
1938
116
133
37 107
2
J-D
J-D
latest bid
1.
140 108)4 118)4
108
113
.
Small
110
lis
110
. .
No price Friday;
since
Jan.
High. No. Loiv. High
100)4 Ang'90
118J4 J'ne'99
103J4 Dec'99
116)4
11«H
Sale
QaPaoRy lit g 6i.. .1922 J -J 133
Knox A Ohio 1st g ds .1926 J-J .....
Rich A Dan oon g 6s .1915 J -J *133^
Bquipsinxlundg 6i.l909 M-8 •100
Deb 01 itamped
1927 A-O 105
BoCar AGal8tgSi..l9l«
97
Atl & Tad Ist g gu 48.1949 A-O
Series
M-> llOH
M-N llOJi
M-^ IIOH
F-A
J-J 1S4M Sale
J-J
A-O
A-O
J-D
SS
BtI<ASFRRg4i....l996 J-J
Bonthw DiT lit g 51.1947 v-o
98H ibo*
CentDh Istg 48. .1929 A-O
94
Illinois Cent.
t L So. Sm
4ibdofi.l989 M-H
86^ Bale
tLB W lltgbond
otfi 1989 J-JS
td g 4i Ino
5SH Sale
58'47
Ter
Istgug
ar»7'8Pt
J-D
Panl Olt7 Cab. o g 5i. 1937 J-J 112
ta-nvanteed
gold Si... 1937 J-J 1 10
tPaal & Dalath—
1981 F-A 119
....
1ft 6i
1017 A-O 108>4 112^
SdSs
1968 J-D
lit cog 4i
«t]Panl Minn A Manitoba1909 A-O 118 ....
id 6i
Dakota ext gold 6i. ... 1910 M-M
1033 J-J
lit OODiol gold 6i
Beglitered
1033 J-J
Bedtioedtogold4)<i 1933 J -J •116*^116
Beglitered
1933 J-J
Mo&tBxt lit gold 4i. .1037 J-D ioi" io3}i
1087 J-D
Beglitered
Minn Union lit g 61. .. 1022 J-J
MontC lit gag6i.... 1037 J-J
.... 135
BeeiJtered
1037 J-J ••teat ••••!
1087 J-J
lit gaar gold Si
Beglitered
1037 J-J ••••« ••••••
VMlitdiTl«tgSi.,.ie08 A-O •••««• •••«••
Beglitered
1008 A-O
NordlT litg4i.
1040 A-O
1040 A-O
Beglitered
I90a
1906
1906
tdB0ld6i ClaiiO
* 0..1919
lit g 81 Pleroe
Qoneral gold 6i
1931
1931
a«neral gold Si
gold
Ss
1987
lit trait
rt BAY BBdglitg 61.1910
KwuM Mid lit g 4i. 1937
*
107
g 4-5i.l938 I>l-S
Small
A
Mgoldei OlauB
.
116
113
Con lit g5i
B Ten reor lien
SmaU
Seiles D
Sd gold Si Class
S
1038
1038
Beglitered
ft P A Nor Pae. Sm Ror Pao
11 rAB'xOity.SMOBtPMAO
• Fe Prei A Ph lit g 6i.ie43
J-J
M-N
1930
1956
DIvlilonal g 5l
Small
1947 J -J
IfUlASFlitg
Ask. Lotc.
Range
I®
113)4 Aug'07
ColAQreenv lit 5-61.1916 J -J
BT Ya AGalit7i....l900 J-J
Small
•tLMBr.
Bi 1 ouli & San Franctico—
.
Last Sate.
104)4
108)4
101
Seres B Os
g
tJo&Q
t
L * CaL 8m Mob & Ohio.
8t
Iron Moont. See M P.
t LL AK O * N. Bee Wabash.
SMTRRAofStL
2-3-41..
J-J
J-J
J-J
J-J
J-J
AlaCenR Istg 6s.... 1018
A Ch Air Line Inc. 1900 A-O
& Dan Istg 58.1950 J-J
Reglitered
J'ne'OO
74«
Sale
90
116
90
113
J'ne'99
J'ly '09
Borne Wat.
lilt
Week's
Range or
107)4 Sale
Atlan
1916 J-J
nttaPftFltt gSi
ntto8h*LBlstg6i..l9«0 A-O
.
Price
Atl
MoKm* BY lit g 61.1918 J-J
.
1004
Registered
1004
Mem Dlv Istg 4-4)^-581996
Registered
1996
1239
4.
Friday,
Dec. 15
Bid.
Ry—
Southern
Oct.'«8
ntUMoKAYo— lltgaei.'32 J-J
tdKuar 6i
Page
(5 pages)
BONDS.
STOCK EXCHANGE
Week Ending Dec. 15.
since
Last Sale.
ntUAOonnelliT. 8e«B<kO.
nttaFtWikCti. S««PennOo.
1922 J-J
Pitta Jnnolttges
PttU *
Range
"22
"-.Si
Bid.
Plttt Oler * Tol 1 It g Ob.
Week's
Range or
PRICES
1st 6b
RIsckwel)
a
80
10
t
3)4
JAJ
88
94
106
Phi
Lllst.
100
A Bn« Br—Sm
13
Dnrh Tob.35
t
10094
17
••••••
1»«
1»H
00
It
4
96
••«••
107
••••••
10a
THE CHRONICLE— BOND
1240
BONDS.
II.Y. STOCK EXCHANGE
Wbek Ending Dec. 15.
I
frice
Week's
Friday,
Dec. 15.
Range or
j
Bl in of Bklyn (Con)—
Klntts Co Bl L & P g 58. '87
Last Sale.
Ask. Low, High,.
Bid.
Bd
Range
smce
|2
Jan.
Ifo.
L010
1.
97H
Oct.*99
97
07J^
113}^
USX
100
'1.2OM
94fi
q
PO&C
a&
q
1922 J-D
0«n Blec Co deb
.
.
Co.
Fuel. Se«
arRapGLCo
K 58...
Istg 58. .1915
119
F-A
A-O
KO Mo Gas Co l8t« 58.1922
Kings Co Bl L &P. See Edison.
Lac (ias-L Co of StLlBtg 5s' 1 Q-F* •107
1919 Q-Ft
Small bonds
Mnt Fuel Gas Co Su PeopGas
1943
1947
1947
Eeglstered
Ob Q-L&Cke let gug 58*37
Oon Q Co of Chlstgu g 58*36
G & F Ch lstgug6s.'05
q
Mn Fuel Gas Ist gu g 5. 1947
Trenton G& Bllstg 68.1949.
W«ttn Gas Co ool tr g 58...'33
M180HLLANBOU8 BON
5s.
1091^ Apr*99
106H Nov*99
125
120
106
Oct.*99
Dec '98
111
Dec'99
lllJi Apr'«9
,
Sale
104«
Oct.'99
107
103
101
Aug'99
Mar'98
103M Sale
102^ 101
103H
102H
84
86
"*7*8"
77
lOSM
10?^
46 103
2 103
Dec'99
"79"
107«
108!4
35^ 04k
75H 93«
109MFeb*97
1907 J -J
OolC&I Ist conges... 1900 F-A 100
Ool C 4 1 Dev Co gu g 58. 1909 J-J
Coupon off
Ool Fuel Co gen gold 6s 1 9 1 M-N 100
Ool F & I Co gen 8 f g 58 1943 F-A
Oom Cable Co Ist g 48... 2397 Q-J
2397 Q-J
BaglBtered
DeBardel C&I. SeeTCAl.
el&HCan. See RR bonds
ao
Det M&M Id gT 3>^s 8 A.19n A-O
rleT&Toortrg8f58...1926 J-J •100*
Sr Blv Coal AC 1st g 68.1919 A-O
Hack Wat Reor 1st g 5s. 1926 J-J
HendBCo Ist Btg6s... 1931 M-8 110
1910 M-N
HobokenL&lg 5s
100^ Deo '09
eO» 101
.
105
03
.
97
.
1910
Co deb 58
Non-cony deben Ss.. 1913
Iron Steamboat Co 6s... 1901
lnt*l Paper Co litcong6s.*18
111 Steel
.
faff A Clear
O&I
Istg Ss 1926
1926
IdgSi
Knlck Ice (Chic) Istg 5s.l928
Mad Sq Gard Istg 5s... 191
Man Bch H & L gen g 48. 1 940
Met T AT Istsf g 58.1918
1916
Registered
Un.
Co. See
StarchMfgColstg68*2()
D
58.1990
S&D
wptNewB
J Tel gen g58oy.'20
Wn
Mat Un Tel
Nat
NY ANOntLand latg68.1910
NY*
J-J
A-O
J-J
F-A
J-D
J-D
A-O
M-N
M-N
M-N
M-N
M-N
J-J8
M-N
105
J*ly*99
82
94H
86
103>j Aug*99
104 Feb.*98
103H 103H
20«
109
'
05
118
Noy'Oe
90
70
Jan.*99
100
107
80
05
Noy'99
May*97
May*97
69
50
t
634
Preferred
Apr '97
1039^
"95"
93
104
103
113
90
724
Bond A Mort Guar... 100 300 325
Carter-Crume— Pref. .100
674 80
100
87
89
Celluloid Co
Com.lOO
Its
Firew'rks—
13
Cent
56
30
4b.
Obesebroagh Mfg Co. 100
(H B)-lBtpref.lO0
10
14
76
350
101
101
Common— See St.Fi. list
Clark Mile End Thr'd.lOO
ConBOltd Car Heating.lOO
75
48
8d preferred
ConBOl Ftrew'ks-Com.lOO
100
Preferred
Con Kan C Smelt A Ref .25
Consol Rolling Stock. 100
Cramps' 8h A Kn Bldg.lOO
Diamond Match Co... 100
Distill.
Co. of America.
.
Pref
Hleotrio Boat... ..........
Preferred
Hleotrio Vehicle
Preferred
10
Est. 100
Gtoodyear Shoe Machine
Oorham Mfg Co-Com.lOO
100
100
Preferred
Great Falls Ice.
Havana Commercial
Preferred
Heck-Jones-J Mlll-Pf.lOO
16
22
30
123
84
284
26
38
63
*83
124
89
87
40
68
98
76
109
45
30
X494
206
35
50
98
110
HO
170
164
604
180
18
61
MAS
04
05
Her*g-Hall-Mar(a88t p*d).
Preferred (asBt p'd) 100
Hoboken Land A Imp't
4
10
6
15
Ist 6s 1922
5a
lUlnols Trans
International Blevat.lOO
International Nayig..lOO
Intemat. Paper— Se« 8t*k
Bonds— See Stock Kioh.
—
Intemat*l Pump Com
Preferred.
Int«rnat SUver— Se« Stk.
Do
Do
.
.
NOT'09
100
Noy'99
100
2>i
90
103
Ejtoh
294
96
105
list.
list.
14
16
624 634
8
6
80
JAJ
John B Stetson—Com.lOO 100
65
100
116
118
Joameay A Bumbam.lOO
3
Preferred
Miscellaneous. Par.
Madison Sq. Garden— 100
2d 68 1919
MAN
Maine S S
50
Bid
Merch A Miners' 8 S.. 50
Ist 5b*42MAS
Minneapolis Brew 1st 7s.
100
Mosler Safe Co
Monongahela Water... 25
Nat Enamerg A Stamping
.
.
Mlch-P Car
27
874
Preferred
Nat'l
25
20
60
105
105
Gramophone. ...100
Preferred
100
26
Knlokerb'r lce(Chlo)-Se< St Ex
Lawyers' Surety
100
Lawyers' Title Ins
100 1584
Liberty Silk MUls Prf.lOO
Lorlllard (P)— Pref... 100 115
101
Feb*97
80
83 .«
17
22H
23H
181
68..1912
s f
HI
:C5
101
116
.
Oct.*99
101% 181
108
106
101
103
06
119
Aug'99
116
llfc4
U
U
U
U
U
U
a
V
118«Deo'90
1184119
110
110
Ask
35
B
1906
1906
Ss
Preferred
100
Procter A Gamble.... 100
Preferred
100
1st 68— See Stock Eich.
B.I. Perkins Horse 8h. 1 00
Preferred
100
Roy Bak Pow pf
47
880
180
••<
4
100
48
28
Sloss IrASteel— geng 448
1st 68 1H17
FAA
Sloss-Sheffleld, com
78
108
30
Preferred
70
Southern Cotton Oil.. .50 t 53
8tandardCoupler.com.,..
89
Preferred
118
Stat Isl R T Ist 6s'13AAO 107
3d Ss 1926
JAJ
96
Btlllw-Bierce A 8m-V.100
85
Swift A Co
100 108
,
List.
110
110
117
35
00
1st 6s
•30
8
58
305
106
1108
108
IO64 1099i
1
82 111
36 113
8 188
17 188
114
115
1344
1344
HO4II34
11041133
107
118
118
110
Nov'98
Apr*99
10894 110
1094
Feb.'9v
1094 I09ii
'.04
108
Apr'9<»
108
108
127
113
138
Feb.'Ob
05
96
Nov'99
05
00
88
934 Nov*99
85
854
Oot.'99
6
9
684 Nov'99
644 Noy'99
974
969i
764 Oct.'99
81
794
60
63
92
71
65
•"g'o*
86
Oct.'99
Sep.'98
Noy'98
84
OS4 95
884 8'9<
15
AAO
04
72
Ask.
Bid.
\
156
660
462
170
81
110
82
724
43
116
otati ana.
Astor
Chemical
300
31*6
....
3980
*
150
2000
City
Colonial*
240
Columbia*... 190
Citizens'
120
Imp A Trad. 500
170
Irving
Leather Mfr. 310
310
Liberty
776
Lincoln
Manhattan* 260
Market A Ful 215
Mechanics'.. 204
Mech A Tra* 100
198
Mercantile
Merch Bxch. 116
Merchants'.. 170
Metropolis*. 425
'»
Int.
t
Bid.
170
Peoples'*
Ask.
....
490
225
105
500
Plaza*
Prod Eiob*. 185
Republic .... 300
Riverside*... 210
Seaboard .... 375
5*0*6'
80
106
State*
State of
130
Union
West
260
Sq*....
Side*.
Western
Yorkville*..
....
Broadway*
140
560
.
370
210
375
326
210
,
. .
'
.*
1
1
180
450
:
300
Brooklyn* ... 1104 '0*5*
8th Ward*...
5th Ave*.... i'0'4'* 107
300
330
First
90
100
Gter Amer*..
105
Hamilton*.
Kings Co*.... 100
280
Manufaot*rB. 250
Mechanics*.. 207
280
Mech A Tra*.
280
Nassau
280
Nat City
North Side*.. 1*96* 170
1C6
People*8*
.
875
840
aod
216
190
—
Price per share,
t
Bid.
Ask.
Scherm*rh'n' 150
17th Ward*. 115
Sprague
26th Ward*..
Union*
Wallabout*..
308
140
120
105
145
115
Trust Cos.
N. Y. CITY.
Am Dep A L.
100
Atlantic Tr.
•• t
•
810
Bankers' Tr. 300
310
Ctl.RltyB&T 300
Central Tr'st. 8100
Farm Ln ATr 1400
Ave Tr 400
Fifth
Guaranty Tr 650
Infl.BkgATr *180
Knlck'rb'ok'r 376
Manhattan 360
800
Mercantile
860
Merchatts*
.vletropolltan 486
MortonTrust t400
iN Y L 1 A Tr 1485
N Y Sec A Tr 700
North Amer.
Produce Bx.
Real Est Tr't 800
StaudardTr*t 210
State Trust.. 400
485
.
.
BR*KLYN.
• • • •
Banks.
.
826
NY*
Bedford*
H
t
Sik Bxch Ust.
Car— Se^
.
130
315
160
Seventh.
Shoe A Le*th 100
120
12th Ward*.. till
100
23d Ward*...
t378
Union.
4114
105
IOC
City Trust...
396*"
Colonial
Continental 360
560
Second
165
186
63
28
115
128
61
27
113
181
26
95
90
Brokers' Qu, otati
Phentx
,
Ask.
.
Banks.
Banks marked with an asterisk
accrued
Pal.
I
354
Westlngh Air Brake. .50 tl99 2C0
WlBConCentral 4b— See St ockBx list.
Park
736
Hanover
Hide A L'atb 130
Home*
Pneum.HorseColL.l
Wagner
Paclflo*
Commerce... 250 866
Continental 128
Corn Bxch*.. t376
Bast River.. ISO
11th Ward*. 150
Fifth Ave*.. 2800
225
Fifth
3250
First
14th Street*. 145
175
Gallatin
t411
Qansevoort*.
1500
Garfield
German Am* 116
German Bx*. 235
300
Germaula*.
Greenwich*.. 186
Hamilton*. .. 185
U.S.
Mt MorrU*.. 800
140
Mutual*
155
Nassau*
New Amst.*. 575
NewYork Co. 1500
N Y Nat Ex. 116
New York... 250 370
19th Ward*. too
05*
90
Ninth
North Amer. 200
800
Oriental* .... 190
Am Bxch ....
.
103
50
50
Brokers' Qu, otatio
.
42
103
190
40
30
70
N. Y. CITY.
America* .... 430
Chatham
100
Ist preferred
100
2d preferred
.100
Common.
Glass—
8
U
100
Preferred
100
US Projectile Co
7
100
tl88
490
Bowery*
290
Broadway.... 246
Butch*8ADr.. 00
Central
180
Chase
425
75
76
6
Preferred
Banks.
Qu
Onion Typewr— Com.lOO
300
Union Steel A Chain
fiO t
10
J1074
Bid.
tiignal.SO t
Preferred
11
68
Trenton Pott— Com.. 100
Broker*'
MIscellanrou** Par.
Union Switch A
182
10
Preferred.,
BANKS & MI8CELU8,
A8>
Bid.
J«J
let 6s
Paclflo Coal. 100
let 68 1908
Title Guar A Trust. .100
Fourth
874 204
794 8O4
Preferred
Russell A Brwln
25 t 66
Safety Car Heat A Lt.100 160
Schwarzchlld A Sulzb.lOO
38
Semet-Soivay deb Ss
101
Simmons H'rdw-Com.lOO 180
Preferred
100 140
Singer Mfg Co
100 535
Standard Oil of N J .. 1 00 460
Stand Und'rg*dCable.lOO
Miscellaneoua. Par.
Snsq Coal 6s 1911
Tennessee Copper
S84 Trow Directory-New. 100
list.
86
60
03
00
1084 110
5
44 1069< 110
,
Texas A
WU
f85
receding.)
ge p
Aug*98
100
100
118
107
Small
Missouri- Funding. ..1894-95
Nortn Car— Consol4s...l910
Small
1919
6s
So Carolina— 4^8 30-40.1933
Tenn—New settlem't 38. 1913
Small
Virginia fund debt 2-3a.l991
Registered
6s deferred certts
118
107
105
108
104
112
Small
Term Wareh— Stock.. 100
Preferred
Peck, Stow A Wilcox.. 25 t
Pegamoid, pref
100
35
Pennsylvania Coal
50 400
410
Perm- Water— Com..., 50 t 6
6
Phil A
Steamboat. 50 t 66
68
Pittsburg Brewing
834 844
Pneumatic GunCar*ge.lO
Pratt A Whitn—Com..lOO
J*ne'99
1918 - F I09«n0^ \099i
HO
1918 8: F lOSJi Sale 109H 110
1918 a- F
S 3scou small bonds. 1918 Q- F 109^ Sale 109^
1099^
8 4Bregi8tered
...1907 U-Jt 1185^ Sal« 113
11394
lis
8 48 coupon
1907 Q-Jt 1141^ H5J< 1144
8 48 registered
1925 Q- F 133H Sale 133H
133M
8 4s coupon
1925 Q-F I339i 1344 13896 1344
1904 Q-F lia^i 113!4 111 Noy'0»
S 5s registered
1904 Q-F 112H H3>i 1184
1184
S 5s coupon
C 4b
10994
1004 107».
1014 103!.
103h 108^
3b registered
38 coupon
S 38 reg small bonds.
STATE 8BCURITIB8.
Alabama— Class A 4 to 5.1906 J-J
181
1004 Noy'99
101^Dec'9«
102^ May'99
US
US
W
70
84
88
23
HI
U. 8. GOV. SECURITIES. (For daily record »ee seventh va
....
108 Dec'99
8 28 registered
Optional Q-M 108
U
35
Aug*99
NoT'99
110
110
108
HI
20
989<
82
104
97H Sale
747^ 76J|
140
794 88
80 Sale
113
90
90
959S
919< 110
00
WiscCenlst 48 (wl) ...
904 Sale
Due May. I Dae April. I Bonds due January. T Due AuguBt. aThese are option salM.
National Saw— Pref.. 100
25
National 8alt
44
45
Preferred
77
784
National Surety
100
138
"434 41
National Tube
Preferred
94
96
National Wall Paper. 100
50
65
N. E. Elec. Veh.Trans.
7
N Y Loan A Imp
100
50
N Y Biscuit 6s 1911. MAS 114
New Jer Zinc A Iron.. 100
140
"1*04
N. Y. El.Veh. Transp.lOO
11)4
loholBon
File
N
Co
50 t 60
Nicaragua Construct. 100
10
NilesToolWrks.com.lOO 105*
1*2*6*
Preferred
100 133
Otis Elevator—Com
i'tsji i'ao"
J'ly"*'99
Atch Col A Pao 8s tr ctfi...
Atch J Co A West 68 tr ctf b
Metr
8 El( Chic) 1 8t 4 8 1 938
Ore 8h L ctfs dep coll tr B.
8t L I M & So new 30 y 48 (w 1)
5
t
t
1.
Low High
High, No.
lisii
22>^ Sale
(Giveit at foot of 7 consecutive faqbs).—
Rubber Goods Mfg
100
106
Bxch. list.
eo
do
pref.
66
do bonds. 11024 1034
Iron Steamboat.
08 1001
i'o'i*'
. .
A Casualty... 100 350
A Dep (Bait).. 50 t300
Am Real
53
t
i t « • • i
German
'7*64
65
Bppens Sm A Wlem..l00
Ba«tman Kodak Co... 100 106
Hrie A Western Trans. 50 t 40
Fidelity
Fidelity
60
50
72
340
100
Claflln
113H
1
100
Preferred
Obateaugay OreA Ir 6s '15
Ohes A O Grain El— Inc.
115
UNLISTED BONDS.
Ask
Bid.
113
"09" '99*
;
t
1946
LoulBiana— New con 4B..1014
lia
since
Jan.
Last Sale.
,
OUTSIDE SECURITIES
MlBcellaneouB. Par,
Company —Com.. 60
Income g 5s
Sun Ck Coal Ist g
Currency funding 48. ..1920
17V< 23%
Distof Columbia— 3-658.1924
108^110
95HJan.*97
i'l'o*
103
30^
Oct.'99
Range
II
1
Class
Class
21
113
F-A
Oct.'99
90
•No price FUday these are latest bid and asked this week, t Dne July t
Bliss
105
97
WeeK's
Range or
Ask. Low.
Bid.
NoWestn Teleg. See West. On.
Peoria Wat Co g 6b.. 1889-1 M-N
Procter & Gamb Istg 6s.. '40 J-J
Roch& Pit C& I pur m 5s 946 M-N
St L Ter Cupples Station &
Prop Co Ist g 4)^8 5-20 yr' 17
-D
S Yuba Wat Co con g 68.. '23
•J 108
68.
Sp Val Wat Works Ist
'06 M-S
Stan Rope AT Istg 6s.. 1946 F-A
EO
.
103
Se«NYCAH
Olearf Bit Coal.
Si"*
LXIX.
[Vol.
5.
Price
Friday,
Dec. 15.
J-D
TennCoalTDly I8tg6s.l917 A-O
Blrm Dlv Ist con 68... 1917 J-J
1091^ 109!^
Cah C M Co Ist gu g 6s.. '22 J-D
De Bar C AlCogug 6s. '10 F-A
106^ 1071,^
U 8 Bnvel Co 1st s f gOs 1918 J -JIT
180
131
V 8 Leath Co s f debg68.*13 M-N
Vermont Mar Ist s f 5s. 19 10
West Union deb 7s. .1875-00 M-N
108^ 118
1875-1900 M-N
Registered
107« lll«
1884-1900 M-N
Debenture 7s.
104H 107^
1071^
Registered
1884-1900 M-N
105
Col trust cur Ss
1938 J-J
103 1039^
MutUnTelsf'd 6s... 1911 M-N
Northwestern Tel 78.... '04 J-J
WbLB APCCo l8tg5s.'19 J-J
106« 111
107)i{
DS.
M-8
Adams Bi—Col trg 48.1948
m Cot on deb g 8s... 1900 Qn-F
AmDk&Imp5B. SeeCenNJ
Am Spirits Mfg 1st g 68.1915 M-S
4 3 Car Co Istg6s.l942 J-J
Bar
k'nW&WHlstg5s.l945 F-A
Coal Min. See T C I & R.
Cab
bio Jo * 8t Yd col g 5s. 1 9 1 J-J
Non-oum. Incomes
107><
BONDS.
N. Y. STOCK EXCHANGE
Week Ending Deo. 15.
II
M-N
J-D •100
A-O
M-S
M-S
J -J
109M
J-D 106
JM-N 109
M-S 103
M-N
r»oGa8&Cl8tgng6B..1904
1904
8d gtd gds
lit oonsol g 68
aerunding g 5s
108
Page
(5 pages)
High
A-O
Purchase moa 68. .1997 A-O
1939 J -J
let con g 48
Ga» L N Y Ist oon R 58 '32 m-s
prices
Tr.Co.of Am. ^280
Union Trust. 1400
U 8 Mtg A Tr. 526
460
166
185
1440
Unit. States.. 1600
Washington 820
BR'KLYN.
410
160
310
880
346
268
Manufact'rs. 310
188
Nassau
3*3*8"
Brooklyn Tr.
Flatbush ....
Franklin
Hamilton.
Kings Co....
LIsl L ATr.
. .
People*8
WllllAm8b*sb 300
210*
(•) are State backs.
«
J'"''*'^*"®^ ^''^Pil*!
Safe at Stock Hxoh. or at aaoUon tbU W»eli .f
Dkcember
THE CHKONICLK
16, 1899.]
1241
Boston, Philadelohia and Baltimore Stock Exchanges— A Daily and Yearly Record.
Sales
Share PrIces-IVot Per Centum Prices.
Range
Sales in
^
ACTIVE STOCKS.
Saturday,
Monday,
Deo. 9.
Dec. 11.
Wednesday Thursday,
Dec. 14
Dee. 13.
Tutsdiu,
Dee. 12
840^ 249H 348 319 •246 349
99)4 100^
0?!^ 109
lOOH 101
•841
803
803M
130^ 131^
341
303
138>ii
144i<
•33
140
136
•34
36
HH
4S«
i2H 43H
119
35
120
^6H
309i
13
12
54M 55
•74% 15H
•807
66
241
241
203!^ 203
2Qi')i
12U91 138
129
•141
144
143
136
36
•34V< 36
25H
119
119
2 4« 25^
Uhi
li'4
11«
1194
93
92
93
53?i
51^
93
55
75
307
308
67
75
307
54J^
•75
96^
9H 9
9\i
87>i 13-16
14!^ 14H
a
14 7-16
-48X 48%
47H iSH
74« 75i^
3i%
39
I6\i 16H
75H TSH
89H 39H
16« lOH
93
91)4
215
9«
343
203
202
12SH 125% 127
1419i xl33 136
203
126
139
119
35
119
25
U«
8l>»
305
63X 67^ 85%
98
98
95%
5-18 7-l« 9 316
9
9H
37^ 11-18 38%
27K 28
149<
14»« 14%
14
43H 49J6 47% 4-% 48M
73V4 75'4
73^
74M 75
39?^ 40%
30^
39H 40
16% le
16% 16% 18^
90
93
"33'*
90^
90
33% Choctaw Oklahoma & Gulf
42% 43
Preferred
Fltchburg, pref
24% Lehigh Valley
Mexican Central
94
Northern Central
55
Northern PaclBc
Preferred
Old Colony
6fl« Pennsylvania
9Sh Philadelphia Traction
•93%
•74« 75
54%
305
6614
65'4
95%
95%
90
Union
Paclflo
90
(
. . .
Union Traction
16M United Ry & Blec. Co.(w.l.) (Bait.) ..
"
Preferred (when issued)..
90% West Bnd Street
(Boston)
t8rf%
.
50
,.
June 87
227
May
1
Nov.
9
Oat. 87
Feb. 18
May
18
5
Auif.
Aug. 35
July «
Nov. 17
Mar. 9
Apr. 87
Feb.
6
Aug. 84
Jan. 86
May 17
Jan. 33
June 30
Jan. 24
'
.
Preferred
4 'J
391^
Phlla. K
50
"
.... 50
(Boston) .... 100
(Phlla.)
50
.(Boston)
.100
(Bait.) .. . 50
(Phlla.) .. .100
"
.100
(Boston).. .100
(Phlla.).. . 50
"
.
50
"
.. . 50
"
,'.
.
50
"
50
.
( Boston)
.100
"
.100
(Phlla.),. . 50
.
.
28% 27
14% 14%
47«
liM
89%
16M
.
40
102
13,838
130
15
.
5-16 Reading Company
Ist preferred
2d preferred
9 1-18
11-18
14
"
"
"
Yds.
Mar. 7 380
Jan.
4 118%
Jan.
9 350
170 Jan.
4 310
124% Jan. i 149%
xl33 Dec. 14 151%
124 Jan. 12 138
1,500 29% Jan.
3 43%
1,111 42% Dae. 13 49
133 107 Jan.
3 125
3,828 23V< June 1 30
3l8
5% Jan. 7 17%
102 90 Jan. 21 95
~
4,205 42% Jan.
57%
30 71 Oct. 10 81 J4
47 198 Jan.
4 213
13,418 61
Jan.
3 70
1,179 94% Jan.
3 100!^
13,130
9
Dec. 14 12%
8,160 25 13-l«Jan.7 34
33,9i4 13 7- 16 Jan.
18%
5,785 38% June 20 51%
4,433 72% June 1 81
4,9^7 31% Jan.
7 44%
1,757 16
Dae. 6 23%
35 Deo. 7 43
819 90 Jan. 3 96
80%
3,821
1899
Highest,
Loicest.
255 245
....100
....100
....100
....100
....100
....100
"
"
Preferred
34%
IIH tin%
306
206
198
Chic.
Chio.
53« "51%
•74
74^
5iM
"
Elevated
& Lowell
& Maine
Burl. & Qulncy
Juno. & Un. Stock
Boston
Boston
of
of the
Week.
Shares
Indicates unlisted.
Railroad Stocks.
& Albany
(Boston).... 100
Boston
97% Boston
U97
•92
53
15.
25
24>4
•11
11«
•92V<
IT
314
t?40
t96
32^ 32«
42« 43^
117% 117«
9iH,
43Vs
329i
4a)„
75«
Wee.
245
94
343
202
65% 68
99%
96
96
96J«
9 9-18 11-16
99
203
205
65^ 66
246
99
•241
42H
489i
120
246
Friday,
Mar. 23
Mar. 23
Deo. 3
Jan. 23
Apr. 26
Feb. 81
Feb. 21
July 11
nilscellaneona 8tooka.
35
77
•30
77
S
3
3
34
78M 7SH
3
•30
761^
2%
35
77
3%
82
7S%
2%
8%
w
345 346
1«
84^« 347
346
346 347
5
5«
5H SH
138 148« \3'\4 13914 135H
117 117H 116 117M 116
18H ISH 18H 19H 12H
275
285 290
390 893
50
49^
64)4
60
60
33
78!^
346
6%
5'^
39
77
2%
2%
1^
H.
335
34U
5«
5
6!^
Amer. Agricnl. Chemical.... (Boston).. .100
31
135^ 137)4 188H 131%
114« 116
115
115
1^% 12
13% 12% 13%
i3a?i
116
290
270
285
350 365
55
43
38
47H 53
73U
720
735
730
730
730
735 735
730 73t
30^ 80« 20
31
81
81
20J^ 20H
19% 30
•5l)< 53
52
53
51^ 51% •31>i
51% 51%
48 "47^
45
47
43
45
46M 47H 45H 47
104
103 104V« 104 104
108
103
108 103
103%
51
55%
57
57^
50
54>< 56«
55H
63}i 54H
88
38
•14
41^ •41
44
44
44
44^ •41
44H 44
•18
18
18
18^
18H 17« 18H 18
74
74
74
74
74
75
73
74
75
104!^
104^
143
•
24
\04yi
136X157i«
84
37
45^ 46^
43
•
22
142
81
140
30
isiii
1*56
1559i 156
•
35M
104H 104V4 104>i 104!^ 104^
3«M 36
44
ilH
44
•
64
64
•64
....
•Bid and Mkedprtoe*
INACTIVE STOCKS
aAlLROADS.— Price*
Atl
St
Charlotte(Balt) 100
Bos & Maine pf.(Bost)10C
100
Boston AProv. "
33^
i^H
•40
140
82
Pref
Bid. Aak,
Dec. 157"
135
176
800
,
'
50
"
Pref
(Boat)
Arcadian
Arnold Mining. "
Atlantic MIn'g.
Baltic Mining..
115
60
156%
30%
35% x25
45
44
40
....
45
4U
2%
8
8
6
23
20
Bid.
Am G Dredg(Bost)
"
Old Col Mining.
Osceola Mining. "
Palmetto Co.. ..(Phil)
Parrott811&Cop(BoBt)
Phil Electric
T..
"
"
10
35
35
35
36%
25
21
178
37%
iis" 115"
....
100
182
.
Tidewater St. .(Phil) 10
Torrington "A"(Bost) 35
"
25
Pref
35
Un Cop L 4 M'g "
25
Un Shoe Mach.. "
"
25
Pref
6
5%
7«
8
300
13«
29
30
30
»M
'•••••
H
"
"
88>4
'29
9H
10
37
2dM
5!<
3»
108H
97
^.....,
85
58
79H
|i23
JAJ {108
1910 JAJ
68. '18
1st 5s.'26
AAO
$••••
1918 JAD 3 ,,,,,
Ch Bur A Q 4s. 1922 FAA {100 108
lowaDlv 4s. 1919 AAO {
•
Chicago June 58. 1915 JAJ {
114
92
ChANoMgu5s.'31MAN
Chi A
M gen 38.'21 JAD i 06 98
Con. of Verm't 3s.' 13 JAJ
Rlv
Ist 5s.'27 AAO i'.'.'.'.'.'. 90
Curr't
D G R A Ist 48.'46 AAO i 93
94%
Domin Coal l8t8s.'13MAS i
112
6b
.
•
t *
W
86
"
Central Oil
Con. Lakt Sup. (Phil)
"
Pref
....
DayllKht Prism. "
Dlam State St 1 "
I85«
19
16%
17M
19
Domin Coalpf.(Boat)100 118
100 208
Bdlson Bl 111... "
Bleo Co of AmT.(Phll) 50
12%
14W
rrankllnMln'g.(Boat) 35
"
100 122M 132%
Ctaneral Elect..
"
139
Pref
100
€lenB) Auto-MT(PhU) 60
"
Qreger Mfg....
10
Ind-Egyp Comir(BO8t)100
18
18
Int But H 4 8
10
8W 3
"
laie RoyaleT....
83
35
85
Manafac Rub.. (PhU) 60
"
Pref
50
Maraden CoT .. " 100
11%
Uergenthaler (Bost) 100 80Oh
Uez Telephone
10
8% 8%
W
oonv 3s.'10 JAJ
Debenture 5s. 1 9 1 3 AAO
Illln Steel
{
KCCA
i
i
AAO
K C Ft SAG 1st 7s.'08 J AD
K C F SAMcon 68.'28MAN
KCMABl8t4s..'34MAS
2d
M
5-6 g....l936
AAO
1 St con Ino 38 g non-oum
2d con ino 38 non-oum..
BaltCPaslst3s.l911MAN
Bait Fundg 5s.l916 MAN
Exchange 3%s.l930JAJ
t
23!.<
39%
17!^
73
9%
•>•
101%
133
19
31%
137!^
185
36%
39
35
bidandasied.
Ask
115
lis
116
US
VyEext7sl910AAO
ia7i<
189%
Asphalt Co 58 tr otfs
AtlClty l8t5sg..'19MAN
Balls Ter 1st 5s. 1926 JAD
B Boro Gas Ist 5s.'38MACambrlalron 6s.l917JAJ
84%
Colum St Ry 1st con 3s.'3'2
Con Trac of N J Ist 5s..'33
Del A B Bk 1st 7s.'03 FAA
BastAA Ist M 5s.'20 MAN
eta
BaltAOhlo 48 g. 1935 AAO
8tatl8l2d5g.l926 JAJ
•
at
I
Bdlson Blec Ss stk tr ctfs
BlecA Peop's Tr stk tr ctf t
I
113
BlmAWllm
......
117
103
130
119
Ext A Imp
38.1
MAN
932MAS
K
iii%
ioo'
101
107'
109
•
90
}
96
A
•
Vlrg Mid Ist 6s.l906 MAS
2d series 6s.. 1911 MAS
3d series 6b. .1916 MAS
4th ser 3-4-58.1921MAS
6th series 38.1926 MAS
Va
S114
73
74
23
11
13
(State) 38 new.'32JAJ
Funddebt2-38.1991JAJ
VaATenn2d3B.1900JAJ
8s
1900 JAJ
Consol 68
104%
aa
*
108
9'H 98
34
108
106%
10'7H
108%
1910 MAt;'
1923 JAD
113
104'
100% 100%
115
128
117
•
100% 101
•
• • •
Annuity 68
.JAD 124%
New'k Con Gas 5s '48 J AD 103
104
Newark Pass con 58.1930
106*
NYPhllANorlst4s'39JAJ
Income 4b... 1939 MAN
so"
No Penn 1st 4b..'36 M4N
••»
aenM7B
1903JAJ il8%
136'
Penn gen 6s r...l910 Var
104
Consol 6s 0.... 1905 Var
Consol 5s r
1919 Var
.
109%
Pa A N Y Can
iis'
127
JAD 116%
7s..'06
ConB 58
1939 AAO 106
• • •
Cons 4s
1939 AAO
98
Penn Steel l8t5s.'17 MAN lo's"
aei
People's Tr tr certs 48.'48 107
108
• •
86%
86
124
180
100
108
Phlla Elec gold trust ctfs
Trustyce.tfs 48
102%
110
120
119
112%
96M
110
117
115
104
•
,
103"
ConMof
73
Collat trust 48. 1 92 1
Pitts CASt L 7s. 1 900
98%
Read Co gen
•
• a 1
4s, 1997 JAJ
Rochester Ry con 58.1930
85
110
F Ry A Nav
Union Term'i
90
1st
• • • •
•
••••
lo.-<%
SchRESldel8tS8g'33JAD
Soran Trac 1 st 6s^32M AN
Seat A S
•
110%
JAJ
FAA
•
104
104
128
JAJ
Q-F
'82 4b.'37
Terminal Ss g.l941
PWll A Bait 48.1917 AAO
110%
87
Bxt Imp M48 g.'47 AA""
aa«i
105
•
100
64%
PhABr gen M Sg.'20 AAU 119
Gen M 48 g.. 1920 AAO 108
Ph A Read 2d 5s.'33 AAO
Consol M 78..1911 JAE 187*
Con M 6s g... 1911 JAE
•••••-
3ecAvTn(Pitt8)5s'34JAD
8av Fla A West 58 '34 AAO
Seab A Roan 3s. 1928 JAJ 109
United Ry A Bleo Income.
71%
4s
120
107
2d 78
•
JAD
1914 Q-F
Gen M4%8g..l924g-K
Leh VC'l l8t58g.'33JAJ
Leh Valext48..1948JAD
117
116
133
109
100
Ry
RR4sg
Chas City Ry 1st 38 '23JAJ 104% 105%
Chas Ry G A BI 5s '99 MAS
98>* 99
CharlCAAext5B.1910JAJ 106
Chesap Gas 8s.. 1900 JAD 100
100%
115
CltyASub lst38.1922JAD 114
118
ColAGrnvlst5-6.1917JAJ 116
Consol Gas 6s. .1910 JAD 117
118
38
1930 JAD 110% 111%
Ga AAlal8tpf58l943AAO
GaCarANl8t58g.l929JAJ
GeorglaPlst5-6s 1922JAJ
GaSoAFla lst3s.l945JAJ
KnoxvTrac IstSs '28AAO
Lake R El l8tgu5s'42MAS
Maryland Brewing 6s
MetSt( Wash) 1st 68'25FA
New Orl Gas Ist 58...Var
Norfolk St 1st 5b '44. JAJ
NorthCent4%s.l925AAO
JAJ
48. .1933
C Sub B 1st 8s..'20
Lehigh Nav 4%s. .'14 Q-J
Indianapolis
5sl906MAN 101%
Consol 3b... .1932
Isl 88.'10
Income 5s.... 2862 AAO
Bq IllGas-L Istg 58.1928
Hestonv M A F con 3s. '34
HA B Top con 58.'25 A 40
BaltAPlst6smU911AAO
104
114
104
}
'
990M AN
8t 5s. 1
PotomVal l8t5s.l941JAJ
49
Mar H A Ont 6s...'25 AAO
MezCeut 48 g.. 1911 JAJ
1
....
{113
5s
103
100%
i
K CA M RyAB 5s.'29 AAO i
KC8tJoACB7s.'07 JAJ 8117
L RockAF 8 lst7s.'05 JA i
L BASt L 1st 6s g.'26 AAO
Atl(}-Llghtl8t5sl917JAD
Atl Coast L ctfs 5s .JAD
101
M
Income
78%
46%
Bonds— Philadelphia
MAN aos
6s 1900
AAO
6s gold 1900.
JAJ
68 1904
JAJ
Series
5s 1926.... JAJ
Series B 58 1926.... JAJ
Pitt Un Trac 3s.l997 JAJ
Bast'n 1st
8s g.'06 MAS «114% 118
140
Fr ElkAM V Ist 68 '33 end «138
Unst'p'd 1st 88.'33 AAO nss
81st3sg.'25
33
Bid.
Alle
106
1914 MAS sill
1916 MAN noe
Conv'rtlble
96
79
l
118
114
Cent Ohio 4%s g.'30 MAS
Central Ry 6s... 1912 JAJ
5
i
St Ss. .'02
Ext A Imp 68.1901MAS
No BaltDiv 3s.l942JAD
34%
BeilTel4B..1908 JAJ
AT4SFgeng48.'95 AAO
West Bnd
4%B
Deb 4s
1%
50%
WestVaCAPlBt8g.'llJA.
WU A Weld5B..1935 JA.)
•
Rutland Ist 6s. .'02 MAN «105
Torrington 1st 3b 1918... 1
1st 8s tunnel 1911. .JAJ
Bal Trac Ist 5s.l929MAN
24
Bonds— Beaton.
Ch BurA N
38
835
Baltimore— Conclu'd
West N C con 6s.l914 JA.
.
13
88
100
100
50
Westm rel Coal "
Wluona Minlng(Bost) 85
Wolverine Mln. "
25
Non-exempt
13
350
BONDS
Ask.
i
l«tmort6s.. ..1905 JAJ nio
Ogd A L C con 68.'20 AAO
Income 6s
1920
••••#
Bait Belt
3
U 8 PHorseCollTIPhli) 1
Utah Mining (Bost) 4-85
Warwick I 4 S. (Phil) 10
Am
4%
133%
110%
.
2%
4
6
Susquel ASH.. (Phil)
Tamarack Mln. (Bost) 25 190
Welsbach (3oml
Prefl
873
Bonda— Baltimore.
Che8ADCanl8t58.'16JAi
Anacostla A Pot
5s 108
103% ChocOkAG gen 5s'19JAJ
Atl A Ch 1st 78.1907 JAJ U6%
Clfs'St Ry(Ind)con 5s.'33
6%
guincy Mining (Bost) 23
Rys Co GeneranCPhll)
Rhode Isl Mln. (Bost) 33
3
Santa Ysabel G "
AAO
NYANBnglst7B.'05JAJ {116
6
67% 68%
10
1907
68
**4%
60
50
"
"
"
Bid.
Boston—Concluded.
New Bng Tele 6b.'99 AAO ilOO
Penn BlecVeh.( Phil) 50
Pref
Pennsyl Salt...
Pennsyl Steell.
PrefT
BONDS
Ask.
Oct. 11
.luly
1
1
45
84
8 pt. 1
38
4% Aug. 25
Dec. 14
3% Aug. 31
388 Oct. S
Jan.
Nov.
14% Apr. 81
Jan.
186
dar. 80
122 Mar. 80
Jan.
Dec.
19% Sept. 5
398 Apr. 85
Deo.
108 Apr. 88
Dec.
895 Feb. 81
Jan.
Jan.
25% Sept. 85
Dec.
71% Mar. 18
63
Apr. S
Jan.
120 Oot. 87
Jan.
Feb.
74% Apr. 8
45 May 83
Jan.
.Ian.
45% Mar. 30
Dae 12 28% July 35
Dec 14 83H Aug. 30
Oct,
15% May 34
July 11 107 July 14
4 156
Jan.
Sept. 5
Dec. 14 53% Apr. 35
May 21 33% Apr. 6
5 175
Apr. 6
Jan.
Dec 14 55 Mar. 30
Feb. 1« 60% Apr. 8
4 53% June 18
Jan.
May 31 70 Aug. 86
2%
.
:
July 28
23
76!^ Dec. 12
1,510
1,135
Preferred
MISCELL.—Concluded
New Hav I&SKPhll) 5
No
50
,.
'
STOCKS BONDS
Plain 48
24^ 85%
"
li<
460
219
,.100
(Phlla.)..
. .
68% 63%
a87 15-lH
65
VH
Alkali
.
1939 JAJ
M5s
BurA Mo Rlv ex'pt 6s. JAJ
'85%
Oenten Mining. (Bost) 35
18«
M
155
2% American
2d
180
"
Beth Steel H.... (Phil)
ttoston BleoLt.(Bo8t)100
Cambria Iron.. (Phil) 50
(Bait) 100
Canton Co
158!4
s%
10 paid
American Bell Telephone... (Boston).... luo
916
t340
(Phlla.) 5 paid 33,840
5% 5% American Railways
American Sugar ReSningl. (Boston;.... 100 74,316
"
Preferred!
....100
398
13
13% Asphalt Coof America
(Phlla.) 5 paid 14.130
Boston & Montana
(Boston) ... 25
4,447
t830 284
52
Butte & Boston
"
.... 25
t5l
6,988
735
Calumet
"
Hecla
&
.... 25
334
t730
19% 20% Cambria Steel. (81-50 paid) (Phlla.)
11,350
•52% 52% Consolidated Qas
(Bait.) ....100
330
tu 43 Dominion Coal
..(Boston).... 100
9,681
105
3v4^
Brie Telephone
"
tl03
....100
"
Federal Steel
....100
8,681
33
"
Lam son Store Service
.... 85
60
41
LehlghCoal 4 Navigation... (Phlla.) ... 50
44
179
Massachusetts Electric Cos. (Boston).... 100
766
Preferred
.100
63i
National Electric
(Phlla )18%paid
New Bng. tJotton Yarn, pref. (Boston) .... 100
434
140
New England Telephone
.100
t
"
33
Old Dominion Copper I...,,,
25 16,133
t32
Pa. Mfg. Light* PowerT... (Phlla.).
50
"
153% 158^ United Gas Improvement T..
50
6,756
United States Oil
2i
(Boston).
tJ7
35 31,815
44 Welsbach LightT
44
(Phlla.)
490
5
Wejtlngh. Blectrio i, Mfg. (Boston)
50
400
Preferred
50
120
38 1-16
Friday p'lices are
t BosToD te'egram not received
Adjustment g 4s.. 1995
Boston Term'l3%s.. 1947
Bos Un Gas 1st 5s. '39 JAJ
100
WorNashA R. " 100
MISCBLLANBOUS.
/^.llouei Mlning(Bost) 35
Ad er. >ment1l(Phll) ....
155
I
"
"
Pref
38%
ao sale wa made.
"
West Bnd pref. (Boat) 50
West Jer ASS. (Phil) 50
60
West N Y 4 Pa. "
Wis Cent, new.(Bost)100
19
65
"
W
23^
•40
....
143
•
81
335K
zU%
44
17
100
70
100
100
••••••
Mich.
Ohio*
100 161
Conn & Passnm
Conn Rlvpr..,. " 100
87
Consol Tr Pltt8T(Phll) 60
"
68
60
Prefl
M.(BoBt)100
irilnt A Pere
"
100
Pref
Oa South & Fla. (Bait) 100 30
"
100 "66*
90
Ist pref
"
67
100
3d pref
60
PasB(Phll)
rmant'n
O
60
60
46
Hestonv M & T "
50
78
Pref
50
HnatABroadT "
60
Pref
100
Inds Street
20
K G Ft 8 AM..(BO8t)100 18
"
50
100
60
Pref
69
Little 8chnylk.(Phll) 60
Maine Central. (Bost) 100 170
60
Mlnehlll & 8 H. (Phil) 50
60
63
54%
Nesquehon'g V. "
"
60
North Penn. ...
104H
"
60
Phll4Br'e ....
50
PhU Qerm Jt N.
100 376
Cnlted N J
50
United Trof P.
Central Mass...
142
'
319i
104% 104%
"
Preferred
78H
85%
111
.
.« It
Ist Ss
5s.F4A
United N J 4s.. 1944 MAS
UnTracPittsgen38'97JAJ 118
iAnd
interest.
t81-30 paltf.
•Prloe includes overdue coapo ni.
THE CHRONTCLR
1242
[Vol. LXIX.
Latest Oross Earnings.
Roads.
Intrjestmjettt
WeekorMo
1899.
1898.
AND
^ailr^ad
Kan. C.N. W.... Nov'mber.
Kan. City A Om IstwkDec.
K. O. PlttB.
|tttclligettx:je*
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 such latest week or month
The returns of the street railways are brought together separately on a subsequent page.
Latest Oross Earnings.
7an.
1 to
Latist Date.
BOADB.
WeekorMo,
I
October...
Orl.&N. £ JthwkNov
Ala. & VlokBb. Itliwk Nov
Vlok0.SI>.«iP. 4tbwk Nov
4Uegheny Val. October..
Ann Arbor
IstwkDec.
Ark. Midland... Ociober...
Atoli.T.&B.Fe.. October...
Atlanta & Char Septembei
Atl.Knox.&No. October
. .
AtlantaA W. P October...
At.Vald'8ta&W. October
. .
AQBtlnAN'wAsi September
Atl. & Danville. July
Bait. & Ohio.... Nov'mber
Bal. <b O. Boa'w. istwkDec
,
Bath A Ham'nde October..
Blr. A Atlantic. June
BnmBw'kAWest September
,
BTifl.Booli.&Pitt IstwkDec.
Buffalo ABasq.. October...
Biir.O.Rap.&N. letwkDec.
OanadlanPaolflc IstwkDeo.
Oent.ofOeorgia IstwkDec
Oentral N. E... October
Oentralof N. J.. October
Oentral Paoino. September
Otiarlest'nABav September
Ohattan'ga So.. 4thwkNov
IstwkDec.
Ohee. A Ohio. .
. .
. .
.
Ohio. Bar.
A Q...
October...
Ohlo.&Ka8t.Ill. IstwkDec.
Ohio. Ot. Weat's IstwkDec.
Ohio. Ind. A L.. IstwkDec.
Ohlo.MU.ASt.P
Ohlo.AN'thWn.
Ohlo.Peo.AStL.
Ohlo.R'kl.&P..
Istwkueo.
October...
Nov'mber.
October
. .
Obl0.8t.P.M.AO. October...
Ohlo.Ter.Tr.RR. IstwkDec.
Ohlo.AW.Mioh. IstwkDeo.
Ohoo.Ok.AOaI(. Nov'mber.
CHn.O.APorts'tl) August
01n.N.O. AT.P. IstwkDeo
Oin.Porte.AVlr. Nov'mber.
0LCln.Ch.A8t.i. IstwkDec.
Peo.AEaat'n. Nov'mber.
01.Lor. AWheel IstwkDecOoL Midland.... Nov'mber.
Colorado A Bo.. 4thwkNov
Ool. Band'y A H IstwkDec.
August
Oryetal
Oomb'l'd Valle' O. tober
Oenv. A Rio Ur IstwkDec.
Det.O.Rap.&W IstwkDec.
Det.A Maoklnac October
Dolatb S.B.AAtJ ibtwkDeo.
MginJol.AEast Nov'mber.
October
lie.
. .
.
.
. .
Kareka Sprlnes. October.
SranB.AInd'pilf' IstwkDeo
IstwkDec.
XvanBT. T.
Find. Ft.W.&W Nov'mber.
.
A
H
VllntAP.Marq.
Fla.Cent.A Pen
rt.W'thADen.C
rtW.ARlo Gr
IstwkDec.
4thwk Nov
IstwkDeo.
IstwkDec.
Nov'mber.
SadB. A Att. U
IstwkDeo.
RR....
Georgia
0*orffia A Ala. Nov'mber.
Qeo. So. A Fla Nov'uibar.
GUaVal. O.&N. October...
ttr.Bap. A Ind. June
Oin.B.AFt.W. June
TraverBeCity June
Mas.G.R. AI June
Tot allllneB. July
Gr.Tr'nkSyBt'n) IstwkDec.
OhlcAGr.Tr. 3d wk Nov
DetGr.H.AM. 3d wk Nov
Great Nortb'DBt.P. M. AM.
Bast of Minn.
Montana Gent
Tot.ByBtem
G'UB'mntAK.O
Golf AOhloago.
Gulf A Ship l8l.
Hooking Valley.
Hoos.Tnn.AWU.
Hoaa.ATex.OeD
minols Oentral.
fia.Oeo.AWe8t
0.111. A Iowa.
inUIGtJ«rorth'n.
Unteroc. (Mex.)
Iowa Central.
Iron BaU way...
Kanaw'aAMlot)
K.O.F.8oottAM.
K.O.Mein.ABir
1898.
$
17,369
44.863
78,539
AU.Gt.Boatli.. IstwkDeo.
Al«. Midland... Septembei
Al«.N.O.<liTex. Pao. Jnnc.
M
1899.
1899.
1898.
$
14,029
35.372
95,015
170,433
l,849,lHe
612,973
179.090
1,621,67
Nov'mber.
IstwkDeo
Nov'mber.
October
October
October
LonglBlandRR Nov'mber.
Longl8.ByBtem. Nov'mber.
LosAng. "rerm. Nov'mber.
LoiilB.£v.ASt.L.
IiOa.H. ASt.L..
. .
. .
. .
IstwkDeo
4thwk Nov
LoulBY.ANashv IstwkDec.
Macon ABlrm. Nov'mber
ManlBtiqne
Nov'mber.
tMexloan Cent. IstwkDec.
|Mex.Cuern AP. July
Mexican Inter^i September
tMex. National IstwkDec.
Mex. Northern. September
tMexloan R'way WkNov.25
Mexican So.
3d wk Nov
Midland Termi. October
Mlnneap.ASt.L IstwkD 0.
M.StP.AS.St.M. IstwkDec.
Mo. Kan. A Tex. IstwkDec.
Mo.Pao.AIronM IstwkDec.
Central Br'ob. IstwkDec.
Total
IstwkDec.
MobUe AOhlo.. Nov'mber
Mont.AMex.G't Nov mber.
NaBb.Ch.ABt.L. Nov'mber.
NevadaCentral. September
N.Y.C.&H.R. Nov'mber.
N.Y.Ont.&W.. IstwkDec.
. .
<5
645,564
68,000
49.800 1,523.875 1,300,789
35,000
30,000
702.319
609,6.53
31,000
61s<,904
30,000
625,258
289,609 241,119 2,632,495 2,211,473
28,558
26,155 1.502,194 1,354,548
IS,.*. 24
15,398
104,522
94,660
4,453,485 3,995,267 34,608,678 31,980,293
201,604 145,338 1,628.535 1,261.822
39.612
32,203
328,255
263,297
69,932
57,071
524,814
474,997
16,493
5,673
101,098
16,954
18.982
49,985
42,627
323,236
365.831
2.734,125 2,498,492 27.615,156 26,013,069
139,139 124,105 6,441,909 6,633,154
10,561
27,118
9,642
30.906
1,315
1.585
10,136
12,880
64,632
56,618
492.452
456,719
85.477
65,225 3,799,552 3,588,099
82.696
80,063
649,5811
549.000
96,048 112,382 4,635,411 4,250,900
689,000 591,000 26,912,415 24,058,859
136,313 134,465 5,353,437 6,194,624
68,168
62,593
597,458
527,993
l,443,.'i36 1,245,053 12,311.182 10,329,431
1,878.827 1,493,976 13,237,872 11,658,334
40,468
44,457
616,986
517,867
2,734
1,748
75,133
63,511
247,343 269,636 11.561,433 11,138.139
4.816,612 4,634,208 37,750.042 35,556,305
129,033
118,716 4,543,779 4,037,406
125,497 113.164 5,948,073 5.197,421
74.122
61,109 3,599,275 3,107,008
852,947 802,823 37,824,175 33,388,272
4,270,022 3,676,663 34.440.567 30,503.230
91,;i80
75.902
777,494
862,872
2,367,7s4 2,181,858 18,743,396 17,772,645
1.144,724 1,173,931 8,694,520 7.554,012
23,514
24,187 1,165,849 1.098,636
42,469
34,956 2,108,149 1,836,235
130,326 *146,745 •1,658.326 * 1,463,475
7.473
5,912
44,757
38,975
94,488
75,753 4,483,957 4.358.903
31,689
27,697
298,784
259.400
324,184 312.093 14,420,502 13,642.193
204,503 167,292 1,878,991 1,727,642
34,970
29.716
224,052 161,122 1.688,550 1,510,430
96,515
3,655,275
19,220
810,i'33
15,106
777,838
480
1,165
7,395
9,653
91,892
87.538
771,716
734,577
204,000 185,200 9,017,213 8,092,927
26.185
27.291 1,514,140 1,418,618
51,757
33,935
612.238
448,150
44,952
26,699 2.248,521 1,689,760
143,965 13M,285 1,640,623 1.411,544
3,489,190 3,116,148 30,228,099 27,119.078
6,560
4,922
55,593
47,669
6,687
6,681
320.969
299,325
27,154
26,928 1,281,635 1,179,137
10,045
7,640
108,424
82,022
61,887
58,643 3,101,706 2.840,607
57,187
74,617 2,410,788 2,763,585
36,169
41,980 1.496,137 1,407,947
8,576
15.955
451,655
509,964
1,755
11,659
770
6,746
33,090
32,636 1,494,675 1,470.408
113,573 113.335 1,146,781 1.149,953
103,349
81,444
946.915
887,468
30,335
336,652
206,192 162,581 1,134,075
973.566
41,799
214,327
36,985
232,756
3,805
22,939
3,322
19,628
10,699
10,481
56,787
58,088
279.683 247,858 1,726,240 1,513.467
548.381 454,2^6 24,462.740 22,399.396
82,343
72,975 3,416,988 3,213,977
23,730
18,566
893,671
838,441
Nov'mber. 2,309,345 2,171,071 19,760,316 17.981,673
Nov'mber. 422,701 382.266 2,961,119 2,410.730
Nov'mber. 214,139 166,583 1,830,242 1,824.346
Nov'mber. 2,946.185 2,719,909 24,551,677 22,216,749
Nov'mber.
23,550
14,136
166.549
267,250
September
5,728
4,544
September
225.606
158,546
IstwkDec.
95,747
66.431 3,291,757 2,620,775
September
5,581
5.455
40,404
42,894
AUgUBt
306,499 254,202 2,191,304
Nov'mber. 2,769,589 2,563,749 27,223,1.'.5 25,069,689
August
63.835
58,688
378.309
347,699
October...
92,708
66,885
847.974
705,034
IstwkDeo.
93,458
97.837 3,710,137 3,646,439
wnrNov.25
70.400
72,760 3,494,300 2,897,740
IstwkDeo.
39.768
43,788 2,123,519 1,864.6^7
Nov'mber.
8,719
4,551
57,362
45,694
IstwkDeo.
14,409
11,657
635,b77
535,157
IstwkDec. 104,245
81,610 4.916,902 4,501.078
IstwkDec.
34,328
33,359 l,44l.33H 1.346.961
I
A G 4thwkMay
Kan.C.Sub.Belt
L.£rle A West
Lehigh A Hud..
LeblghVal. RR
Leh. V. Coal Co.
Lex'gtonAEast.
N. Y.Busq.
AW.
Norfolk A West.
NortheB'n(Oa.).
North'noentral
North'n Paolflo.
Ohio River
October..
IstwkDeo
September
October,..
IstwkDec.
IstwkDec.
Om.Kan. CAt. Nov'mber.
Omaha A
St. L. Nov'mber.
Oreg.RR.ANav. 4thwk Aug
Oreg. Bh. Line.. October...
Pao. Coast Co. October...
Paolflo Mall
Pennsylvania^.
PeorlaDeo.A£v
Phlla.A Brie...
Phlla.ARead..
Coal A Ir. Co
Tot. both Co'B
Phil. Wllm. A B
Pitts. O.C.A8t.L
October
October
IstwkDec.
October
October.
.
. .
. .
October...
Ootiiber...
October
. .
October...
PlttB.Be8.AL.E IstwkDeo
PlU8.Llsb. A
Wn Nov'mber.
AWes'n.. IstwkDeo.
PittB.01.AToi IstwkDeo.
Pitts. Pa. A F. IstwkDec.
Total system IstwkDeo.
Pitts,
Rloli.Fr'ksbAP October...
Rio Grande Jot. September
RloGrande So'c IstwkDeo
RloGr'de West. IstwkDec.
Bag. Tuso. A H. Nov'mber
St. Jos.
Gr. I... IstwkDec.
A
Bt.L.ChirASt.P. Nov'mber.
St.L.Ken'etASo Nov'mber.
8t.L.ASanFran. stwkDec.
St. L. Southwest. IstwkDec.
BtPaolADol.. Nov'mber.
I
San.Ant.AA.P September
SanFran.AN.P Nov'mber.
S. FePres.APh. 4tUwk Nov
Sav.Fla-AWest. September
Sher.Shrey.ABo 4thwk Nov
AG. September
HavenA E October
S11.8prB.O.
So
So. Miss. & Ark.
Bo. Paoillc (JO.
. .
Nov'mber
Gal.Har. A S.& September
i
Jan. 1
to
Latest Date.
1899.
1898.
$
43.221
29,355
324.001
4,000
5,361
218,701
96,335
81,636 1.498,659
46,638
47.517
489,859
76,941
62,687 3.595,650
40,797
36,489
438,468
2,228.^67 2,333,32^ 17,696,235
2.396.214 2,198,756 15,100,721
23.983
29.208
210,664
319,143 318.973 4,201,915
326,856 328,698 4,509.374
6,067
7,370
106,797
37,591
29.793 1.678,015
16,271
14,120
548,261
535,480 469.385 24,149,641
8,317
6,700
62,298
6,897
2,796
77,731
338,206 327,948 14,380,351
25,000
253,671
357,011
271,379 3,413,647
134,716 126,186 6,539,668
58.307
58.837
602,192
78,600
81,300 4,078,000
13,280
13,895
666,284
37,314
65,499
500,388
56,524
56,356 2,638,156
94,137
90,508 4,391,395
286,774 297,463 11,417.347
566,000 549.000 26,033.551
15.00(
21,000
1.166.377
587,000 564,000 27.199,928
e672.000 e431,306 e5,C04,053
101.396 1,112,997
85,993
506.332 5,590.092
525,697
2.683
1,955
17.915
4,795,493 4,275,745 46,537,796
84.002
63,055 4,535,811
239.845 236.037 2,119,117
240,263 224,061 11,863,923
6.530
5.861
49,792
772,407 669.907 5.841,971
665,639 575,392 26,575,998
19,665 1,110,090
25,689
3i,515
39,398
41,209
39,015
165,460 151,773 4,248,963
842.841
804.571 6,550,423
502,498 483.923 4,234,449
357.326 3,076,707
340,618
6.976,278 6.001,778 59,437,884
14.483
18,739
821.9*7
610,990 .506,922 4,309.376
2,517,143 2.214,018 20,046.571
3 389,460 2.342,422 22,574,205
5,906,603 4,556,440 42,620,776
991,981
885,281 8,727.287
1,739,726 1,595,726 14,736.881
26.934
18.086 1,707.269
4.95»
4,303
44,416
32 222 1,822.150
32,968
20,199
969,115
18,137
396,873
5,592
6,396
56,697
57,817 3,193,894
774.965
76,902
67,011
38.2t!3
308,727
45.623
9,61^
465,878
10,981
50,150 3,597,537
68.000
132,013
12,191
12.561
23,122 1,285,735
25.208
29.052
331,646
31.648
10,000
88,412
9.986
140.111
138.615 7,080,658
139,500 140.200 5,368,123
205,950
201,289 1,787,631
265,992 303,699
77,809
876,409
76.090
821,134
19,939
21,618
347,950 2,872,751
326,671
333,893
20.008
15,381
241,88e
28,854
23,052
4.800
4,063
38,69e
9,300
16,000
605,281
500,384
4,346,786
308,934
1^32,529
1,304.218
481.379
3,226,934
352,79&
16,219.119
13,007,571
206,123
4,278,652
4,551,222
84,298
1,464,004
447,491
21,229,482
54,566
92,754
12,524,295
2,4¥6,*864
5,805,588
448,362
3,714,200
581,257
362,403
2,083,374
4,046,818
11,017,895
24,800,969
1,208,262
26,009.231
6 3,910,661
1,276,814
5,386,456
33,133
42,172,891
3,603,949
1,875.640
10.537,418
48,012
5,406,871
24,865.807
901,912
4,362,852
6,664,215
4,496,173
3,761,232
54,040,584
758,282
3.705,393
17.902,903
16,817,629
34,720,432
8,102,487
13,280,495
1,245,061
42,562
1,679,340
1,006,945
361.808
3,052,872
709,626
281.120
444,300
3,082,726
128,314
1,146,449
311,066
68,166
6,522,034
6,154,368
1,551,697
809,82a
749,981
3,166,230
Zi 0,898
210.190
29,863
3,884.298
926,703
West September 110,859 108,035 1,022,269
Morgan' sLAT September 574,840 481,907 4,85^,545 4,625,211
202.80f
242.602
N.Y.T. AMex September
38.049
31,201
Tex. AN. Orl. September 158,563
156,154 1,401,292 1,267.693
Atl. Prop'tes.a September 1,528,044 1,330,472
So. Pao. of Cal. September 1,592,977 1.245.275 11,762.930 10.664,916
2,291,909
Bo.Pao.ofArlz September
285,167 220,08e 2,521,12
So.PacofN.M September 155,421 112.759 1,431,012 1,164,042
Paolflo systom September 4,290,293 3,443.006
Lonls'a.
Total of all.O October... 6.069,841 5,007,45^ 49,853,279 44,615.172
63-(.273
547,649 26,102.273 23,490,939
Southern Ry.c. IstwkDec.
35,224
38.562
1,826
1,793
8tonyCl.AC.Mt October
12,945
15,321
Texas Central.. IstwkDec.
Texas A Paolflo. IstwkDeo. 205.137 201,891 7,606,740 7,274,877
7,800
14,000
Tex.B.V.AN.W. Nov'mber.
39,286 1,871,661 1,732,401
44,329
Toi.AOhloOent IstwkDeo.
960,494
914,627
20,422
21,151
ToLP. AWeet.. IstwkDec.
46.609 1,844,945 1.980,067
37,116
Tol.St.L.AK.C IstwkDec.
Union Pao. RR.. October... 2,507,431 2,237,301 17,750,564 15,843,116
320,378 268,928 14,530,78(1 12,840,041
IstwkDeo
Wabash
220,330 201,830 2,718,321 2.349,621
W.JerseyASea'e October...
96,146 1,185,203 1.05tf,2»3
113.142
W.V.Cen.APltte Nov'mber.
248,284
226,877
35,318
33.644
«re8tVa.APltt8. August
623 646
564,653
66,241
70,473
Westom of Ala October
58,800 3.435.197 2,899,212
68,600
Weet.N.Y.APa. IstwkDec.
27,612 1,593,972 1,379,860
35,656
Wheel. A L. Erie IstwkDec
14,432
14.057
Clev. C. A So. istwkDec.
42,044 dl,867375 d 1.620940
49,713
IstwkDeo.
Total
83,615 5,142,799 4,593,677
89,479
Wisoonsln Cent siwkDeo.
73,109
1 1,240
119,650
17,956
Wrights v.AT«n October
Yazoo& Miss Val Nov'mber. 623,223 684.353
6i'.293
70.054
7,660
8,2.^3
York rtonthern October...
. .
. .
. .
in
o Includes earnings from terries, eto., not given separately.
eludes the Pactflo systom and the Atlantic properties, but not the Houston A Texas Central systom. e These flgures Include South Carolina A
Georgia aftor May 1 and Atlanta <fc Danville after September 1 lu both
d Includes Clev. Canton A Southern from Auk. 16 only, e Reyears,
sults on Montgomery Division are included in 1899, but not for 1898,
'Figures for Nov'mber are for the railroad only.
Ohio Valley and Chioaga
t Includes Cheeaneake & Ohio Bo'wentorn.
and Texas for both years. Results on Yazoo Branch exol uded In
1 Mexican currency.
% Got*
1 899 but included in 1898 until July 1.
ere results of ?lnes directly operated M»fX of Pittsburg.
December
THE CHRONKJLF.
16, 1899.]
Latest Gross Earnings by Weeks.— The latest weekly earnings in the foregoing are separately summed up as follows:
For the first week of December our preliminary statement covers 70 roads and shows 8-66 per cent increase in the
aggregate over the same week last year.
l$t
week of Dec.
Alabama
1899.
S
Ot. Bonttaem.
Ann Arbor
.......
44,863
28.558
139,139
85,477
96,048
689.000
136.313
247.343
129,033
125.497
74.122
853.947
23.514
42.469
94,488
324.184
34.970
19.220
204.000
26,185
44.952
6.687
27.154
61.887
36,159
8.576
33,090
.
..
Ohio South west..
Baffalo Booh. A Flttab's;.
BnrL Oed. Rao. & Nortb.
BalU
<b
Oanft<liv< Pa«lfln. ._,,_,.,
Oentral of Oeorirla
Chesapeake & Ohio
Oh c»so <b East, ininou.
Ohio. Great Western
Ohlo.lDdlan'Us <& Loolsv.
Ohlcasro Mllw. <k St. Pan]
Chic. Term. Transfer ...
Mlobijran..
flhloasro &
Cin. N. Oris. & Tex. Pao.
Clev. Cln. Chic. A St. L.
W
Loram A Wbeer^-Sandusky & Hook'K.
Denver A Rio Grande...
Det. Gd. Rap. A Western
Doluth So. Shore A At...
KransT. A Indianapolis..
Evansv. A Terre fiaate..
FUni ib Pere Marqnette..
Pt.Worth & Denv. C
Ft. Worth A Rio Grande.
(jlev.
CWl.
Oeonrla
........
..
j
urand Trunk
Ctolc. & Grand Trunk >
AM
Det. Gd. H.
Hooking Valley
Tntem'l
A
. .
lo-wa Centra)
Kanafwha A MtohUan...
K^BtCltyFt. S. AMem.
Kan. 0. Mem. & Birm
Kansas City A Omaha ..
Lake Erie A Western ...
LoolSY. Eranev. A St. L
LoDlsv. A Nash
Mexican Centzal
Mexican VTational
A
St.
Louis.
MUm.St. P. &S. Ste.M..
mo. Kansas A Texas
Mo.
Pacific, Iron
Mt.
..
Central Branoii
H. Y. Ontario A Western
Vorfolk A Western
Horthem
Pacific. .......
Ohio River
PeorlaDec.
& Kransv...
Plttsb. Bess. A L. Erie...
Pittsburg A Western
Elo Grande Southern
Bio Grande Western
Bt. Joseph A Gd. Island.
Bt. Louis <fe San Fran ...
Bt. LoD is Southwestern
BontJiem Railway
Texas Central
.....
Texas & Paoidc
Toledo A Ohio Central...
Toledo Peoria A Westn..
*ni«do St. L. A Kan. City
.
Wabash.
..........
West N. Y. A Penn
Wheeling A Lake £ne. ..
Clevel'd Canton A So..
Wisconsin Central
Total (70 roads)
Net increase (866
Decreate.
Inerefite.
9
9
35.372
26,155
124.105
*
9,491
2,40.:!
16,034
20,252
65.225
112,382
591,000
134.465
269,636
118.716
113.164
61,109
802,82b
24,187
34.956
75,753
312.093
29,716
15.106
185.200
27.291
26,699
6.681
26.928
58,643
41,980
15.955
32,636
16,334
98,000
1,848
22.293
10.817
12,333
13.013
50,124
•••• ' ssa
• •••
673
7.513
18,735
12,091
5,254
4,114
18,800
1,108
18,252
e
226
3,344
^ _
5,821
7,379
454
548.381
454,296
94,085
95,747
93,458
39.768
14.409
104,245
34.328
4.000
76.941
37.591
535.480
338,206
134,716
66,524
94.137
286.774
566,000
21.000
84.002
240.263
565.639
25.689
18.739
26,934
56,697
10.981
68,000
25.208
140,111
139.500
638,273
15,321
205.137
44.329
21,151
37.116
320.378
68,600
35,656
29.3 le
14 057
89 478
66,431
97,837
43.788
11.657
81,610
33,359
5.361
62.687
29,793
469,386
327,948
126,186
56.356
90.508
297.463
649.00t
15.000
63.055
224,061
576,392
19.665
14.483
18.086
67.817
9.618
50,150
23,122
138.615
140.200
547,649
12,945
201.891
39.388
20.422
46,609
268,928
58,800
27,612
14,432
83,515
9,603,840
8,842,996
li
Gt. North'n
MDnneapollB
1893.
..
...
4 379
2.752
....
22,635
969
•
•*
«
1,361
14,25*4
7,79i-
66.096
•»•* ....
10,25f-
8,530
16s
3,62b
.
10.689
17.0O(
6,000
20.947
16,202
....
....
9.753
..
6.024
4,286
...
8,84^
.«
1,363
•>••
..»•
1,120
17.850
2.086
l,49t)
.
• ••
..••
.-
..
9,493
5i,45'6
•••.
375
95,496
For the fourth week of November our final sta^^ement covers
79 roads, and shows 13-28 per cent increase in the aggregate
over the same week last year.
& Ohio. b
Jan.
to
1 to
1
—
—
1898.
Increase.
9
*
9
Previously rep'd (68r'd8) 12,972,590 11,425,347 1,627,732
Ala. No. & Tex. Pac—
49,80C|
18,200
68,000
New Ore. & No. East.
5.000
30,«jOC|
35,000
Ala. & Vioksburg
30.000!
1.000
31,000
Vlcks. Sh. & Pao.
2,-3i
tf86
1,748
Ohattan ooga Southern . .
15,097
140,442
155,539
Cin. N. O & Tex. Pec
74.617
57,187
Fla. Cent. A Peninsular..
4i,6t3
40,88o
Ft. Woith ADenv. C
: 0.400
72,750
Interoceauic (vjex.)
81.300'
7e,600
Mexican Railway
107,100
43,575
150.675
Kio i*rann»- Western.....
20,008
15,381
Sherman Shreve. & So.
10''.97l
847,616
436,744
85,731
459,806
597,791
71.785
243.055
40,349
226,727
113,412
37.495.
644,502
48,612
271,667
134.388
703,219
5,564,451
2,508,951
46.992
803,799
205,487
26,805
184,200
110.758
23.289
269,982
92,578
144,143
1,254,335
514,613
34,433
262,150
73,291
16,238
68,117
178,717
517,500
41,978
279,330
197,246
1,141,438
19,345
2.^0.745
124.213
30.668
187.545
38,054
34 455
341.113
15j,749
—
addition to their gross and net earnings given in the foregoing, also report charges for interest, &c.. with the surplus
or deficit above or below those charges.
Int., rentals, etc.
-—Bal. of S'ttFam's.^
1898
1899.
1899.
1698.
Hoods.
$
9
9
9
Buffalo Gas Co
Nov.
24,583
8,992
12,242
49,166
Oct. 1 to Nov. 30
OUoo. Okla. A Gulf.. Oct.
Nov. 1 to Oct. 31....
Flint A Pere Marq...Oot.
Jan. 1 to Oct. 31 ..
Ind. IlL
Oct.
A Iowa
8. A M...Oct.
&»n. O.Ft.
Julyl to Oct. 31
1899.
624,003
6.636.978
3,153,189
are after deducting taxes
h Vet earnings here given are before deduotlns' Taxes
Figures for 1899 include Montgomery Division, whl^e those for
1898 do not.
Interest Charge* and Siirplns. The following roads, in
Kan. 0. Mem.
Aih week ot November.
Jtet Earnings. —
1899.
s98.
*
$
.
Nor. 2.734,125 2,498,492
898.149
Nov. 30. ...27,615.156 26.013,0fi9 7.868,538
July
Nov 30. ...14,060,164 12,415,845 5,114,515
Buffalo Gas Co..
Nov
33,676
........
Ootl toNov.30
61,408
Ohio. Ind. A Louis. a. Oct.
370,946
152,996
307.542
Jan. 1 to Oct. 31.... 3.171,857 2,775,351 1,176,313
July Ito Oct. 31.... 1,454,034 1,235,043
618,781
Ohoctaw Okl.A G.b .Oct.
204,994
184,087
80.132
Jan. 1 to Oct. 31.... 1,52-<.000 1,316,730
616.549
Nov. 1 to Oct. 31.... 1,959,092 1.634,932
716,903
Colorado FuelAIron.Oct.
192,848
July 1 to Oct. 31....
574,182
Colorado Midland... Oct.
196,435
159,437
61,757
Jan. Ito Oct. 31
1,464.498 1,349,308
295,441
July Ito Oct. 31....
080,479
580,094
181,354
PUntA Pere Marq.a. .Oct.
306,905
289.923
88,099
Jan. 1 to Oct. 31
2,748,958 2,506.510
654,410
119,439
Ga. A Alabama.a...Oct.
134.656
35,875
Jan. 1 to Oct. 31.... 1,033.208 1,036.618
253,381
449.388
443.215
July Ito Oct. 31....
147,929
Oct. 2,065,385 1,860.297
787,903
Qr. Trunk of Can
Jan. Ito Oct. 31.... 17.460,698 15.960,477 6.215,159
July 1 to Oct. 31.,
7.809,174 6,851.496 2,881.669
Chio.A Gr. Trunk.. Oct.
342,122
309,876
25,306
419,286
Jan. Ito Oct. 31
3,175.651 2,994.244
July Ito Oct. 31
1,255,364 1.162,519
162,461
37,473
Det.Gr. H. A Mil. ..Oct.
92,465
90,358
782.053
319.064
Jan. 1 to Oct. 31
829.593
390,806
361,238
146,963
July 1 to Oct. 31.,..
92.708
65,885
30,064
Indiana 111. Alowa.b. .Oct.
847,974
302,732
Jan. 1 to Oct. 31
705.034
103.133
346.942
260.551
July 1 to Oct. 31....
186.537
547.124
432,889
Can. C. Ft. S. A M.a..Oct.
Jan. 1 to Oct. 31.... 4.327,322 4.024.743 1.361.638
2,' 04,637
1.587,297
666,788
July Ito Oct. 31
123.672
67.262
164,203
Kan. C. Mem.A B.a..Oct.
337,423
Jan. 1 to Oct. 31
1,261,493 1,172.994
536.604
406,097
150,530
July Ito Oct. 31....
65.499
37,314
30,979
Mldl'd Terminal. b... Oct.
145.918
116,119
236.810
July 1 to Oct. 31....
398,508
207,721
Mobile A Ohlo.a*....0ot.
527,041
637,516
1.976,770 1,407,398
July 1 to Oct. 31
Oct.
128.595
98,105
65,289
OhloRlver.b
970,129
801,646
407.817
Jan. 1 to Oct. 31....
610.990
271.713
506,922
Oct.
Phila. A Erie b
Jan. 1 to Oet.31.... 4,309,376 3,705,393 1.360,471
86.579
79,191
17,845
Col.PeorlaA West.b.Nov.
894,205
257,153
939,344
Jan. 1 to Nov. 30....
132,006
480.486
432.038
July Ito Nov. 30....
70.473
30,245
66,241
West, of Alabama. b. Oct.
564.6.53
523.645
208,127
Jan. 1 to Oct. 31
241,361
220,438
94,600
July 1 to Oct. 31....
113.142
96,146
38.918
W. Va. C. A Pltt8b..Nov.
404,l'*4
1,185,203 1,059.283
Jan. 1 to Nov. 30
485,006
178,364
648,068
July 1 to Nov. 30....
Bait.
,
5,96*4
861.340
765.844
Roaas.
Or OSS JUamxngs.
1899
1898.
9
9
*
729
9,800
8,044
.
a Net earnings here given
..
700
90.624
2.376
3,246
5,041
--
n o.)..
4,020
• •••
124H
Julyl
Decrease.
Mobile
9
.
Bir..Oct.
A Ohio
Julyl
80.489
A
to Oct. 31....
Oct.
Oct 31....
Tol. Peo. A West.... Nov.
Julyl to Nov. 30 ...
W. Va. Cen. A Pitts Nov.
Julyl toNov. 30....
to
.
21.500
258.0rO
52 937
529,594
16,761
119,451
478,589
16.133
64.062
105,2(1
421,390
22,749
113.671
21,667
108,333
58.632
458,902
35,162
124,816
13,293
67,086
188,199
41,129
86,488
102.510
216,125
20,000
240,000
63.826
536,494
14,595
113.8-9
464,571
6.507
65.052
87.59o
1
356,25*8
22,403
112,079
23,682
116,735
65.731
357,791
33,669
108.0C&
3.694
30.264
50,042
17,926
8,239
91,121
161,2b2
def.4,fl04
def.3.063
18,335
17,251
70.031
12,154
10,773
34.014
STREET RAILWAYS AND TRACTION COMPANIES.
17,430
The following table shows the grois earnings for the latest
period of all street railways from which we are able to ob....
tain weekly or monthly returns. The arrangement of the
4,627
table is the same as that for the s'eam roads that is, the
108.354 first two columns of figures give the gross earnings for the
13,677,991 12,074,755 1,711,590
Total (79 roads)
1,603,236
Net Increase il3'28 p. c.)
latest week or month, and the last two cohimns the earningaNet Earnings Monthly to Latest Dates.— The table follow for the calendar year from January 1 to and including such,
ing shows the gross and net earnings of Steam railroads latest week or month.
STREET RAILWAYS AND TRACTION COMPANIES.
reported this week. A full detailed statement, including all
given
is
obtained,
be
can
returns
Jan. 1 to Latest Dale.
roads from which monthly
Latest Gross Eartiings.
Gross
once a month in these columns, and the latest statement of
18b9.
Week or Mo 1899.
1898.
l8l»B.
Earnings.
this kind will be found in the Chronicle of November 18,
$
$
$
Nov'mber. 59,137 53,978 643.554 584.584
The next will appear in the issue of December 23, 1899. Albany Railway
1899.
758
2.36U
2,700
—
.
,
Roads.
Atlan.AWestPf.b.Oct.
Jan. 1 to Oct. 31....
July 1 to Oct. 31....
—
Gross Earnings
1»98.
1899.
$
$
69.932
524,Bl4
57,071
474,997
2<:7.138
201,-J70
>
Nel Earnings.
18»8.
1899.
$
„37,030
20b.3)9
108.707
.
•
26,880
177,980
86,184
Amsterdam
St.
Ry.
.
A Power.
Augusta (Ga.) Ry. &
Atlanta Ry.
Elec
September
October
6,299
66.748
4.563
September
16,889
9.407
13.612
12,683
. .
July
Bay Cities Consol
Bingham ton St. Ry.. October
.
.
44,015
408,913
40,318
9.fll6
49509
12 596
138.856
48 62A
135.077
THE CHRONICLE.
1244
Latent Qrota Sanixngt.
Gross
Eabninob.
WeekorMo] 1899
Bridgeport Traction
Br'klynBap.Tr. Co.t.
Chicago & Mil. Eleo..
Ohicago Union Tract.
& Miami Val
<:!in. Newp. & Gov....
•Cjn.
CityElec. (Rome.Ga.)
Cleveland Electric.
Cleve. Palnsv. & E...
Col. Sp'gs Rap. Trans.
Columbus St. Ry.(0.)
Columbus (OJ By....
Denver City Tram
Detroit Clti'n8'8t.Ry
Detroit Eleo. Ry
Detroit Ft. Wayne &
Belle Isle
Jan. 1 to
1899
1898.
ijait*i
Vu
Nov'mber.
Nov'mber.
October
. .
October...
August
October...
September
September
Nov'mber.
October...;
IstwkDeo.
istwkDec.
Roads.
196,328
192,081
170,885
174,587
261,963
253,010
37,063
159,173
Gross Earnings.
1898.
1898
a9,175 a3,303
608,836 563.710
13,163
139,432
111,173
9.973
65,083 60.606 592,276 574,138
22.53(
2 330
19,657
1,755
: 46,424 148,287
X 961,861 1,127.166
11,432
90,070
9,977
103,539
20,038 14,976
74.980 61,778 575.696 508,365
72,002
102,02.'=' 114,634
26,487 22,490 1,268,415 1.110.254
10,342
8,514 423,604 370,236
IstwkDec,
4,208
3.099
October... 21,93fi 18,201
Duluih 8t. Ry
...I
Easton Consol. Eleo. October
22,317
Erie Electric Motor.. October ...I 12,332 11,076
Harri sbur g Traction October... 625,416 636.507
Herkimer Mohawk II
ion&F'ktortEl.Ry. October...
3,993
3,561
Houston Elec. St. Ry. September 18,541 18,814
Internat'i TractionBuffalo Ry
October
112,967
Crosstown St. By.
October
44 813
of Buffalo
Buffalo Traction. .. October
6,8j2
Buff. Bl've ife Lan'r. October
3,734
—1899
i.
September 33,633 32.987
274.265 270.491
Nov'mber. 912,149 820,257 f9,678,680 9,995,545
October...
[Vol.
33,P53
146,904
Lorain & Cleve. By Nov.
Jan. 1 to Nov. 30 ...
Sewburg
Electric... Nov.
Jan.l to Nov. 30
July 1 to Nov. 30 ...
New Orleans City .Nov.
Jan. 1 to Nov. 30 ...
Scraaton Railway. ..Nov.
Jan. 1 to Nov. 30 ...
July 1 to Nov. 30
United Trao. (Pitts.) Oct.
Jan. 1 to Oct. 31
Julyl to Oct. 31 ..
. .
.
.
LXIX.
net Eammgi.
1898.
1899.
,
*
6,617
5,616
86.281
67.126
6,305
5,879
82,580
79,716
46,(97
44.705
110,019
105,417
1,237,430 1,197,609
35.048
32,139
375,832
346,425
186,984
167.415
149.179
152,831
1,394.771 1,288,711
610,720
560.364
«
2 971
36,103
2.353
36,068
24,966
50.026
458,161
15,967
172,367
86,749
81.040
637,551
319,002
3,629
49,819
2,592
34,080
24,559
49,076
501,009
17,356
186,861
97,1'J8
80,353
755,482
343,453
Interest Charges aud Surplus.— The following Street
I'ailways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, Sea., with the
surplus or deficit above or below those charges.
—Int., rentals,
Roads.
0nltedTrac.(Pltt8.)..Oct.
July 1 to Oct. 31
*
tec.
—
1899.
1898.
$
52,950
212.212
$
-Bal. of Net Earn*.-*
1898.
1899.
36.941
27,103
131.238
52,099
207,103
111,89)*
. .
ANNUAL REPORTS.
. .
.
. .
Buff.
Buff.
Buff.
&Nlag
Falls. October...
lir,585
October...
October...
',653
1,461
& Lockport ..
& L. F'gt Dpt
Niag. Falls & Sus
pens'n B'dpe By. October,..!
Niag. Falls Whirl
pool & North'n.
October...
Niag. Falls Park &
5,646
340
.
River
Nia. Falls
& Susp'n
October
Bridge
October
Levrist'uConn.Bdg. October
Interstate Cousol. of
Noi-th Attleboro....
Kingston City Ry
Knoxvilie Traction..
.
3,711
407
. .
.
144,669
53,006
127,555
54,222
7 947
96 946
3.721
10,809
6,248
6 t.16
11,020
October
Nov'mber.
October
Nov'mber. 330 130 277 497
Nov'mber. U0244O 1020673
40.287
39 716
81,338
133,183
88,i54
35,152
58.223
51,791
67.126
89,154
150,263 134,407
602,447
530,248
13,707
6,444
17,243
8,794
4,398
'1.056
9,196
6,617
13,98
, .
. ,
A.prll
10 859
6.839
15,956
8'i.281
5,-83
49,897
47.162
5,350
6,305
5,8:9
82,580
79,716
49 529
3,416
3,627
49,398
Nov'mber. 110.019 105,417 1,237,430 1,197,609
October...
. .
September 20,450
Pt. Ry. &EI0C
Northern GhloTraot. October... 30,S16
Ogdensburg St. Ry.. October...'
1,836
August
Paterson Ry
38 820
Richmond
—
Traction.. October...
Roxb'hCti.a.&Nor'ii
Schuylkill Val. Trac.
Scranton Railway ..
Btaten Island Elec ..
Syracuse Rap.Tr By
Toledo Traction.
Toronto Ry
Twin
Ciiy
Union
United
May
Nov'mber.
Ncv'mber.
October...
Nov'mber.
October...
October...
Bap Tran October
. .
14,748
10.729
5,366
35,048
15.113
44,423
89,421
111,465
229,210
17,099
(N. Bedford).. October...
P. ATransp.. Nov'mber. Inc. 24,
thiited Tract. (Pitts.) October
149,179
198,160
United Tract. (Prov.i August
Unit. Trao. (Reading) Nov'mber. 15,598
. .
Wakefield
& Stone.
all
annual
May
5,204
30,332
19,171
1,895
17,077
36,519 271,229
245.950
13,573
8,892
36,855
34,i5i
5S,740
64,611
4 503
32,139 375,832
346,425
177 501
177,441
14.771
39,081 456,571 414,599
80,774
99,650
186,860 2,075,189 1,783,307
16,020
897
152,831 1,394771 1,288,711
177,0B4 1,316 534 1,163,400
13,120 200,033
177,099
4,861
19,531
19,167
These figures include results on Brooklyn Heights, Brooklyn Elevated and Nassau RR. for all periods, but the Kings County Elevated
1b included only for October and November.
Oreuon rtR. & Navigation
OreKon Short Line
Pa«iflc Coast Co
Pennsylvania Co
Pittsburg Brewing (fi months)
Pittsburg Junction RR
American Co'ton Oil
10u9, Ittl"
American Soda Fountain
1060
American Type Founders
904
Atlauta Kobxville & Northern
1145
Bait. Cbes.
&
Atlantic
1009
Bangor & ArooBtook
952
Boston Revere Beach & Lynn. ... 953
Brooklyn Ferry Co. of New ^ ork.
Great Northern
.
Ind. Dec. & Western
Ind. lil.&lowa
1147
Inten\ational Packing..
Kansas City Ft. Scott A Memphis. 1148
lll-i
Kansas City Memphis & Birm
U. S. Flour Mllllng.oJBcioIstatem't.lOlO
1008
Vicks. Shreve. & Pacific
Street Railways.
903
1008
(7 months).! 192
Volume 69—
Boston Elevated
Page.
114«
RR
Denrer &, Rio Grande Railroad.
{Approximate Statement for 6 months ending Dec. 31, 1899.
The company reports for the six months ending Dec. 31,
1899 (November and December estimated), as follows
:
Bor the four months ended Oct. 31
Gross earnings
Operating expenses
$3,505,943
2,117,768
Interest from securities
$1,388,175
37,634
Total net Income
Fixed charges, taxes, etc
$1,425,809
804,114
Net earnings
$621,695
60,000
Surplus
renewal fund and bonds conversion fund
1
Deduct
Strike
Estimated surplus for Novemoer and December
in July. 1899.
Strike during June, July and August, 1899.
a Figures for Oct., 1898, cover line from Waukegan to Highland
Park only; those forl899coverentireline from Evaastonto Waukegau.
6 Abandonment of Camp Meade which was occupied by troops in
Oct., 1898, accounts for the decrease this year.
lOfiO
1192
954
906
balance she^t. 904
Reading Co
900, 910
Rio Grande Western
1007
Rutland RR
902, »68
St. Joseph & Grand Island
908
St. Paui& Dulutb
1059
Savannah Florida & Western
901
Central
....
Toledo (S Ohio
Trow Dir. Print & Bookb'd'g Co...loeO
U. S. Cast Iron Pipe & Fy. Co..bal1009
anct sheet Stpt.3^)
951.958
952
853
Maine Central
Manhattan Ry
Maryland Brewing
901
1007
1059
904
Portland & Rumford Falls
Pullman's Pdlace Car
H'ltement to N. Y. ^tock Exch ...IK 1
902
Buffalo & Susquehanna
962
Cincinnati Hamilton & Dayton
N.
Texas
PaciBo
952
Cin.
U. &
1008
Detroit & Mackinac
Edison Elec. 111. Co. of Boston. .1060
902
Georgia Southern & Florida
.
Nov'mber. 133 489 125 325 1,538 593 1,378 449
Nov'mber.
NewburgSt. Ry
New London St. By.. October
New Orleans City
Newport News & Old
an index to
.
Nov'mber.
September
August
Nov'mber.
(Can.) July
Lorain St. Railway..
Lorain & Cleve
Los Angeles Tract..
Mass. Elec. Co.'s
Metrop. St. Ry.(N.Y.)
Milw. Elec. Ry. & Lt.
Montreal Street Ry..
Muscatine St. Ry
is
RAILROAOS & MISCELL. COMPANIES. Railroads & Miscell. Co.'a)— Con.)
Volume 6H—
Volwme 69—
Fofle.
Page,
1009
Alabama Gt. Southern Ry. (Lim.).1068 Mergenthaler Linotype
901. 911
Alabama * Vicksburg
10^8 Minneapolis & St. Louis....
1009
state'r.
American Air Power
1060 New Enii. Cot. Yarn official
1008
American Caramel ..oj/iicial state. 1147 New Orleans & Northeastern
2,843
.
Lehigh Traction
Lima Railway (Ohio) October,.
London St. Ry.
Annual Reports. — The following
reports of 6team railroads, street railways and miscellaneous
compani-^s which have been published since the last editions
of the Investors' and Street Railway Supplements.
This index does not include reports in to-day's Chronicle.
for
Surplus for four months
$561,695
240,000
t
$801,695
Surplus for six months
Deduct the cost of ten standaid-gauge locomotives, author126,000
ized in March, 1899
$675,695
Surplus applicable for dividends
Street Railway Net Earnings.— The following table gives
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street
railways, we adopt the same plan as that for the steam
roads that is, we print each week all the returns received
that weefe.,, 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 18, 1899. The next will appear in the issue of December 23, 1899.
—
— Qross Earnings.
B^adn.
Columbus Rallway..Nov.
Detroit Clt's' 8t.Ry.Nov.
Jan. 1 to Nov. 30....
Detroit Electric Ry.Nov.
Jan. 1 to Nov. 30....
Det. Pt.W.&E.T.Ry..Nov.
Jan. 1 to Nov. 30
InterSt. Con. St.By.-
No. Attleb, Mass.. Nov.
Jan. 1 to Nov. 30
Oct. 1 to Nov. 30....
Lehigh Traction
Nov.
Jan. 1 to Nov. 30
July Ito Nov. 30
18»9
9
75,002
114,840
1,241,928
44,162
413,262
18,661
192,120
13,707
114,669
28.061
8,794
96,946
48,517
1
.
.
Ifet
Earnings.
— V. 69, p. 447, 439, 280.
Minneapolis &> St. Loais Railroad.
^Statement for the half-year ending Dec. 31, 1899J
The following is an estimate of the net earnings for the
first half of the fiscal year:
Actual net earnings four months, July 1 to Oct. 31
Estimated net earnings for Nov. and Dec
100.788
1,037,764
35,006
361,722
15,528
167,786
10,859
127,555
23,773
7,947
88,1.^4
43,621
9
36.829
59.926
617,515
14,713
142,435
on bonded debt for the half-year
p.
3,933
11,040
7,088
4,879
41,424
24,716
32,518
4,175
3,066
35,899
21,170
784
100,000
$199,941
Surplus
$
81,875
$229,«*41
.
The Treasurer has cash on hand
12,628
119,157
6,418
67,848
7,993
tor Interest
Leaving surplus from operation for six months
Dividend declared 2 ^ per cent on $4,000,000 pref stock
.
47,958
633,297
$746,211
446,270
Total
Deduct
98
$
$496,211
250,000
to the
amount
of
$536,475—V. 69,
911, 901.744.
Lonis & Kansas City Railroad.
{Statement for year ending June 30, 1899.)
The results for four years past have been
Toledo
St.
:
189S-9.
1897-8.
1896-7.
1895-6.
$2,062,733 $2,245,974
Gross earnings
1.979,018
Oper.exp'n'8& taxes. 1,631,593
$2,232,001
1,851,778
$2,005,755
1,653,618
$431,145
540,000
$266,9')6
540,000
$380,223
540.000
$352,137
540,000
$108,855
$273,044
$159,777
$187,863
Net earnings
on bonds
Interest
...
Balance, deficit
69, p. 907, 1063.
-V.
December
THE CHRONICLE.
1899.]
16,
124 t^
Choctaw Oklahoma & Galf Railroad Company.
1898-9.
f Statement for the year ending Oct. 31, 1899. J
Earnings—
Freight traffic
The following advance statement has been furnished us
1897-98.
1898-99.
Gross earnings
Operating expenses
$1,959,092 $1,634,932
1,037,141
1,242,190
Net earnings
$71t>,902
Interest and taxos
$258,000
DiTidends on p eferred stock
(5)200,000
Div. on com. stocK i-aid Oct. al,'»i>(2) 75,000
Balance, surplus
$183,902
—V. t9, p. 1193,1147.
$R97,791
$240,000
1896-97.
$1,229,684
837,330
$392,354
$225,974
•JO0,OoO
$157,791
205
$
Miles operated
$166,380
(Report for the
fiscal
205
$
1895-6.
210
$
1,442,825 1,398,233 1,238,767
359,360
313,320
361,808
2!^ ,276
27,338
24,968
24,076
25,041
21,246
14,365
14,016
16,575
1,381,561
1,867,964
1,775,886
1,663,364
1,816,777
627,219
233,034
263,^56
89,447
657,612
266,138
253,505
91.265
580,412
167,498
212,153
76,781
625,921
189,225
307,853
79,431
1,268,520 1,036,844
£07,366
626,520
3,000
1,202,431
Total earnings
3"3,796
22,962
21,664
16,791
Expenses—
Conduct'g transportation.
Maint. of way and struct..
Maintenance of equipm't.
General expenses
1,213,256
Netearnlngs
& Western Railway.
1896-7.
205
$
Passenger traffic
Express traffic
Transportation of mails...
Rentals
Total
Pittshurg
1897-8.
Add div. Foxburg
year ended June 30, 1899. J
654,708
B.
St' ok
Total
507,366
— 654,708
629,520
614,345
3,000
617,345
Deduct fixed ch'ges <£ taxes
President Thomas M. King says in substance:
Interest on bonds:
Earnings. With the heavier motive power and cars of
P. N.C &L. E. RR. 4s-7s
8,760
14,782
15,330
15.330
large capacity and the improvements in track and structures
P. &W. RR. 6p. o
4,860
4,860
4,860
4,860
388,000
P. & W. Ry. 4 p. c
388,000
388,000
388,000
the receiver was able slightly to increase both gross and net
107,000
P. &W. Ry. 5p. o
107,000
107,000
107,000
earnings, notwithstanding the extremely low rates which
El. Short Line 5 p. o
15,000
2.500
prevailed in the first nine months of the fiscal year. The Int. on real estate morts..
17,537
17,652
17,708
17,712
new steel cars referred to in the last annual report were Int. on rec'rs certs., notes,
cartrusts, &o
216,687
195,976
198,402
147,468
not delivered in time to be of substantial benefit during the
Taxes
30,000
26,400
26,400
26,400
fall season of 1898, but since placed in use they have met the
Car trust accruals
16.706
fullest expectation as to increasing train haul, diminishing
Total
804,550
757,170
757,700
706.770
cost of train service and economizing yard space at termi149,842
249,804
128,180
89,425
nals, mills and furnaces.
Maintenance of way and struc- Deficit for year
tures includes $84,847 for betterments and additions and
Balance Sheet.— The P. & W. balance sheet (including
maintenance of equipment includes $44,34? for new air both company's and receiver's accounts) was as below:
brakes and automatic couplers.
GENERAL BALANCE SHEET JDNE 30.
Increased Train-Load. The average rate per ton per mile
1899.
1899.
1897.
Assets—
was 4 7 mills, as compared with 4*6 mills in previous year. Road and equipment
$26,045,569 $25,555,0S6 $25,310,536
1,489,065
1,492,265
The average tons per train mile was 455, as against 395 in Stocks and bonds of other oo's. 1,481,865
Line (receiver)..
510,000
510,000
former year. A comparison with other roads will show the ElwoodShort
520,000
520,000
P. & W. stock (common)
520,000
average tons per train mile to be very favorable to this com
P. &W. I8t4s,heldby trustees.
300,000
300,000
300,000
I,350,0f0
pany, particularly as it includes the tonnage of the narrow P. &W. 5s, con
1,360,000
1,360,000
12,002
12,738
13,482
gauge division, upon which the average tons per train mile Real estate and R.E. mtgs....
204,649
Materials and supplies
117,319
115,526
was only 98'5.
Advances
1,119,310
1,077,900
1,062,743
Imprcvements. Regarding these the report'says:
17,414
Insurance premiums, etc
20,790
28,128
206,080
127,484
97,717
The second track of the Pittsburg & Western main line between Due from agents
215.802
226,325
200,875
Allegheny and New Castle Junction has been completed since the end Cash with agents
29,020
58,866
30,139
of the fiscal year. Between Rock Point and Chewton, 492 miles, a Cash in hands of Treasurer....
102,846
79,953
69,531
radical change In line was made, the maximum compensated grade Accounts receivable
*610,887
*737,575
257,266
heing reduced from 90 feet per mile to 18 feet oer mile, the curvature Individuals and companies. ..
14,477
16,097
11,209
not exceeding four degrees. This change will greatly add to the value Miscellaneous
1,558,157
1,386,375
1.166,676
of the property, Increasing the number of cars per train and doing Profit and loss
away with helping service between the points named. Another
$34,275,185 $33,618,474 $32,036,095
Total
marked improvement was the building of 2-5 miles of double track
between Eldenau and Harmony, by which a grade of 66 feet per mile
$13,500,000 $13,500,000 $13,500,000
and curvature of 9 degrees was replaced with a new line with grade Stocks (see Supplement)
14,100,000
14,100,000
13,800,000
of 10 feet to the mile and curvature of 6 degrees. The tr»in haul Bonds (see Supplement)
308.375
311,375
311,375
over that part of the line increased trom 28 loaded cars to 55 loaded Real estate mortgages
—
—
—
oars to the train.
Preparation for widening the gauge of the northern division between Butler and Foxburg still continues, and the roadbed is practically in readiness for the change. The completion of second track on
Pittsburg Cleveland & Toledo has been delayed, but the matters in
dispute have at length been satisfactorily adjusted. The completion
of second track between Hazelton and De Forest Junction will greatly
facilitate the movement of trains over this busy part of the system.
On the Pittsburg Painesville & Fairpoit RK. thereceiver has continued the policy of cutting down the grades and improviug the line with
such means as were at his disposal for this purpose. It will be necessary to make additional expenditures in this direction, so that the ore
and coal tonniige maybe handled as cheaply as that of competing
lines and enable the liue to the lake to meet its obligations for interest
and taxes and payments upon equipment. The d-eUcit for the year,
after meeiing all charges and current liabilities, is $38,464, there having been paid for car trusts $24,468 and $14,258 lor construction.
Contract Receiver's Certificates. The receiver on Sept.
West20, 1898, entered into contract with the Allegheny
ern RR., owned and controlled by the Buffalo Rochester
Pittsburg RR. Co, for the use of the line of the Pittsburg
Western Railway, between Butler Junction and New Castle,
at an agreed sum per annum. By this arrangement the paralleling of our line was prevented and a guaranteed substantial annual rental secured.
The contract involved the construction of a cut-off between Ribold, on the Butler Branch
of the Pittsburg
Weetern Ry., and Eldenau, on its main
line, a distance of 7-4 miles.
This work was completed and
opened for traffic Sept. 20. 1899. The contract also made
necessary the imnrovement referred to between Rock Point
and Chewton, so as to secure a uniform grade. For the improvements above mentioned and the replacing of wooden
bridges on Butler branch with new steel structures and laying the line between Butler Junction and Eidenau with
100-lb. steel rail, the Court authorized the receiver to issue
certificates to the amount of $500,000.
In this connection arrangements were also made by which
the business of the Buffalo Rochester & Pittsburg Railway will
—
—
&
,
&
&
&
be handled over the Pittsburg & Western tracks between
Ribold and Allegheny upon terms which are mutually satisfactory and from which the Pittsburg & Western will derive
much
benefit.
Earnings.
results
Year.
1898-9
1897-8
1896-7
1895-6
1894-6
1893-4
1892-3
— Including
the leased lines, 339 miles in
all,
have been as follows:
Qross
earnings.
$3,309,935
3,221,407
2,768,507
3,091,302
2,P67.892
2,318,b78
2,586,185
Net earn. c£mis. income.
$1,075,265
969,416
956,084
981,223
916,663
605,791
489,374
Charges
and taxes.
$1,0P2,9M
1,007,583
1,002,370
945,971
930,752
877,964
825,492
—
Balance.
$22,312
38,167
46,286
35,252
14,089
272,173
336,118
sur.
def.
def.
sur.
def.
def.
def.
Pittsburg & Western Railivay, Proper. For the last four
years the statement for the system proper is as follows:
875,311
923,531
58,380
2,008,313
518,671
545,865
1,412.800
23,939
Interest accrued
Car trust warrants
Taxes accrued
Billspayable
Vouchers and payrolls
Due
to individuals andtco's....
Receivers' certificates
Miscellaneous
$34,275,185
Total
659,823
992,756
47,304
1,947,< 19
506,897
470,501
1,082.800
500,316
431,105
30.530
2,128,030
576,764
364,625
393,300
$33,618,474 $32,036,095
' Includes Pitts. Juno. RR.,$20,678; Pitts. CI. & Tol. judgment acct.,
$75,000: do. equipment [ace, $203,993; Pitts. P. & Fair, equip, acct.,
$178,342; miscel. and foreign road ledgers, $126,481.
V. 69, p. 956. 906.
—
Cleveland Akron & Colnmbus Railway.
(Report for the year ending June 30, 1899. J
President James McCrea says
Of the increase in gross earnings shown below about 90 per cent was
in freight earnings, and was due to a considerably larger volume of
traffic carried at a slightly increased average rate per ton per mile.
There was also a substantial increase in passenger earnings.
There was only 2% miles of new 67-pound steel rails laid during the
year, to replace 56-pound rails, and it is greatly to be regretted that
the finances of the company did not admit of a much more extensive
renewal. New cross ties to the number of 77,736 were placed in the
track, an increase over last year of 239 ties. During the year 8"3
miles of track were ballasted with gravel and 5*5 miles with cinders.
The condition of the bridges and culverts was maintained, but the
money was not available to rebuild the bridge across the Kokosing
River at Mt. Vernon, which was carried away by the flood of March 22,
189 8, and the track is still carried on a temporary trestle.
The floating debt is as follows Borrowed money ($1,000,000 first
consolidated mortgage bonds deposited as collateral), $602,724; car
trust notes, not matured, June 30, 1899, $89,310; total floating debt,
:
:
$69:^,034.
Estimated coflt of rebuilding equipment destroyed, but not replaced,
$553,600 estimated cost of safety appliances required by law, $164,000; total, $717.t00.
The first consolidated mortgage bonds to the amount of $1,000,000,
which are deposited as collateral for loans, it has been considered
proper to omit from the funded debt on the one hand and from the
assets on the other, for the reason that such hjpothecated securities
do not increase either the company's assets or its obligations in any
degree. [In the statement for the previous year $700,000 first consols
figured on both sides of the account.]
Earnings, expenses, charges and balance sheet have been
as follows:
EAKNINQS, EXPENSES AND OHAKOES.
;
Ear,iingsPassenger
Freight
Miscellaneous
Total
Expenses
Taxes
Total
Netearnlngs
Expenses to earnings
1898-99.
1897-98.
1896-97-
$228,249 $221,550 $203,190
504,522
574,428
379,620
136,066
137,930
135,241
$938,743 $864,002 $718,051
$630,552 $610,058 $545,012
31,580
37,792
32,873
$662,132
$276,611
$647,850 $577,915
$216,152 $140,136
(70-53%)
(74-98%)
THE CHRONICLE.
1246
Deduct—
on bonds
1
1896-97.
1897-98.
8!>8-9«J.
Intereston loans
Other charges
$.01,323
$75,283
Total
Surplus
GENERAL ACCOUNT JUNE
AssetsRoad, equipment, etc. -$7,151,241
Car trust equipment
83,928
Unmatur'dint.on equip.
5,38v5
8t' it Akron Un.Pax8.Dep.
50,000
Supplies on hand
41,807
Due from other oomp's.
91,248
Agents ana conductors
13,849
Cash in transit
14,620
Cash with treasurer
63,660
Cash with paymaster..
1,668
Cash to pay interest
2,245
Miscellaneous assets.
24.659
.
Total
$179,197
$39,061
$175,103
$41,019
30, 1899.
Liabilities
—
$4,000,000
General mort'ge bonds. 1,800.000
Capital stock
Equipment
'ZA
and
mortgage bonds
trust
730,000
89,310
.
Equip, trustobllsations
Mat. inton bonds, unpaid
Accrued int'rest on debt
BlUs payable
Aco'ts payable, current
Due other companies..
Miscell'neous liabilities
2,275
48.250
602.724
108.45.'j
16,609
11,508
135,178
Income account
Total
$7,544,309
$7,544,309
-V. 68, p. 1075, 925.
Richmond Fredericksburg & Potomac Railroad.
LXIX
United Electric Light & Power Co.
$133,800 $133,800 $133,800
13,472
28,985
31,925
38,543
34,965
Interest
[Vol.
{Balance Sheet of Oct. 31, 1899.)
The earnings for the six months ending O^t. 81. 1899, were
in the Chronicle of Nov. 25, page 1104, The balance sheet
of Oct. 31 follows
Assets
:
STATEMENT OCT.
31, 1899.
Liabi'ities—
Stock, common
Stocfe, preferred
—
Cash
$68,836
$2,000,009
Construc'n and Equip.. 5,56ti,986
700,000
Materials
18.3ol 1 St Consolidated 41.38 .. 3.243,000
North'nElec.Co.Bds...
100.000 Underlying bondsNorth E leo Co Stock.
400,000
Edison Istesdue 1916.
17,000
Sinking FundBrush 1st 5s due 1910.
184,000
Edison El. Ilium. Co..
13,000
Brush general mortBrash Eleo. Co
43,529
gage 58 due 1924
58,000
Accounts receivable...
65,349
Brush special mortsundry accounts
8.200
gage Ss due 1924....
8,500
Unexpired insurance..
3,182 Accounts payable
45.985
Taxes
7,871 Accrued interest
4,974
Dividend account
728
16.819 City Water Dept
Bicycle account
730
50 Consumers' deposits....
Open accounts
2,990
46.216
Profit and loss.....
.
.
Total
("Report for the year ending
June
30, 1S99.J
President E. T. D. Myers says in substance:
Earnings.—T)i6 revenue from passenger trains increased 20 per
cent and irom freight trains increased 13 per cent over the year beIt was earned at an average rat« for passengers of 2^4 cents
fore.
per mile and of oq«^ ceot per ton-mile for freight.
Bo>?rfs.— Til e funded debt is now $94,717 less than by last year's
report. Of this sum $13,217 was paid In cash and the remainder converted into stock under the terms of the bonds.
Maintenance.—IXiQ property has not deteriorated. The charge to
maintenance of way and structures includes, besides the usual repairs, the substitution of a heavier bridge at the Rappahannock River,
rendered necessary to meet the great increase in the weight of rolling
stock; an expensive spur track 2,257 feet in length for the Richmoud
Union Stock Yards, recently established near Boulton. etc. An addition to the Richmond freight depot has become an Imperative necessity, and will be constructed at Harrison street during the autumn.
New Oonnection.—The Seaboard Air Line, now constructing a line
from Rldgeway, N. C, to Richmond, will join the line of this company
about one mile northwest of the northwestern city boundary, a point
to be reached by an extension of the new line along Bacon's Quai ter
Branch from a station to be established in the lower part of the city.
An agreement has been entered into for handling the tratBo of the Seaboard Air Line on like terms and conditions to those given the Atlantic Coast Line.
Securities Owned by Slate.— The State of Virginia now owns common
stock, $^76, 200. and dividend obligations of this company, $192,700.
Results for the late
fiscal year are as follows
EARNINGS, EXPENSES AM) CHARGES.
18 98-9 a.
$3^^1.956
Earnings-
1897-98.
Freight
Mail, express, etc
$898,259
Total
—
Expenses—
$120,539
Maintenance of way, etc
Maintenance of equipment.. 132,326
1895-96.
1896-97.
29^,216
27,122
Transportation
General, eto
Total
—
Ket earMngs
Add other income
$770,726 $680,750 $739,368
«80.5P9
85,794
238.792
63,493
$85,312
59,954
275.657
26,387
$102,836
71,4l<8
293.3«2
29,004
$572,203 $468,679 $447,310 $496,700
$326,056 $302,047 $233,450 $242,668
22,266
9,025
7,829
8,927
$348,322
$311,072
Interest
$=^3,227
Dividends...
Miscellaneous
195,842
v,061
$56,453
192,757
Total
$241,279
$251,595
$56,551
181,317
3,043
$56,682
192,570
$251,130 $250,039 $240,911
$97,192
$61,033
$368
$250,904
$691
Deduct—
Total
Balance, suiplus
829
BALANCE SHEET JUNE
Assets—
f
%
Road and equipm't. 3,651,438
105,643
Investments
3<4,652
Cash
Supplies
121,712
121,874
31.938
8,578,507
120,483
182,281
121,712
^6,121
37,071
Total
4,267,067
4,126,175
Potomac RR. loan
Current assets
—V. 67,
.
.
1,652
30.
1898.
1899.
1899.
LiabiXitUs—
Stock
hunded debt
Dividends
1F98.
$
2,838,050 2,756,650
981.115 1,076,832
81,816
79,578
Interest
13,798
17,380
Miscellaneous
46,305
53.042
Betterment account 65,000
Proflt and loss
240.978
143,796
Total
4.X67,057
4,126,175
p. 130.
United Railvrays & Electric Co. of Baltimore
(Balance Sheet Nov. 1, 1899 J
The earnings of the company for the eight months ended
Oct. 3l8t, 1899, were given in the Chronicle of I?8c. 3, p. 1148.
The balance sheet of Nov. 1, 1899, follows
STATEMENT NOV. 1ST. 1899.
Liabilities—
Assels—
Stock, common
Construction, real es$15,000,000
477.306
$59,559,049 Stock, preferred
tate, etc
71.986 1 St consolidated 48. c. 1 9,304,000
Cash
87.449 Income 4 p. o. bonds. 13,522.694
Materials
222.012 Bonds, etc.. of constitAccounts receivable..
uent companies (see
10,2 1
Open accounts
STREET ttv. Sup.)... 14.255,000
Duplicate machinery.
6.431
Stocks and bds (at par) *1,398,000 Accounts payable
92,768
Int.. etc.. account
408,906
United Electric LiKht
364,091
& P. Co. stock (par). 2,000.000 Profit and loss
69,625
HIscel. securities
:
Joh A
Iron Steamboat Company.
(Report for the year ending Oct. 31, 1899.)
The financial statement of Ojt. 31 shows: Cash on hand,
$1,620; sinking fund, 114 first mortgage bonds at par,
$57,000; capital stock Long Branch Pier Co. at 50 per cent,
$3,000; amounts due company on open accounts, $6,924;
O.-cawanna Island,
cost, $19,000; boiler, etc., plant, $3,728;
total cash assets, $90,373; less amounts due by company,
$5,691; balance, $84,581.
The receipts and disbursements for the years ending Oct.
31 in 1899, 1898, 1897, 1896 and 1892 were:
1899.
1892.
1898.
1897.
1396.
Receipts—
$
$
$
$
$
Ticket sales
132.347 138.6S7 176,693 179.149 222.802
Charters
46.6«5
37.265
33,062
52.787
33.683
Rentals
1.000
3.567
28,700
27,456
16,760
Privileges
12,025
11,050
14,200
13,175
17,525
*32,115
Miscellaneous
107
204
1,079
1,158
224,152
190,646
Rentals
51.345
23,670
Terminal charges
1*2,490
Interest
28,945
Loss and damase
Op. exp. and miscel
84,543
47,689
27,689
17.477
28.043
3.055
79,859
Total
Disb ursements—
Pay-rolls
:
$287,132 $274,842 $294,963
31f>,353
432,303
382,480
357,532
104.700
101,114
90,555
86,873
Passenger
Total
$6,312,124
$6,312,124
Nelson Perin, President; W. Stuart 8ymin/,ton, Secretary
W. Ellard, Treasurer.— V. 69, p. 1104 ,956.
Officers:
202.498
Total.
sur. 21,65-1
Deficit
'Includes
I,5'i5
243.794 255,864 320,774
97.057
64,707
50,140
55,635
27,945
10.702
128,700
203,812 245.748 258,850
13,166
1,954
2,985
337,832
17,057
Dewey Celebration and
52.052
50,806
29,618
28.204
2.357
82,709
51,816
49,405
30,085
27,954
2,.531
International Yacht races.
-V. 69, p. 285.
GENERAL INVESTMENT NEWS.
RAILROADS, INCLUDING STREET ROADS.
Reorganizations, Etc. Latest Data as to Defaults, Reorganization Flans, Payment of Overdue Coupons, Etc. All
facts of this nature appearing since the publication of the last
issues of the Investors' and the Street Railway Supplements may be readily found by means of the following index.
This index does not include matter in to-day's Chronicle.
For some smaller companies see Chronicle of Nov. 18, 1899.
BAILKOADS & MISCELL. COMPANIES. RAILKOADS & MiSOELL. CO.'S— (Coi».>
Page,
Volume 69—
Volume 69—
Page.
«o!(J.1066
Adayston Pipe & Steel. ...df'Ci»io''.ll9t Harrisburg (Pa.) Car Mfg
Amer.Bell Telph.tiajui/ero/ aiiyfts.lioe K. C. Pitts. & Gulf .TTWd. pfan.1012, 1068
successor r 0.1193
Atch. Col. & Pac.ntiu see's rearfi/.1108 Licking River
Atch.Jew.Co. & W..Tiew«ec'sreadi/.1102 Peor.Dec. &Ev. .dec; agreem't.lOQi, 1103
/orccZosi/re sa!«.i 105 St. L. Chic. & St. PauL.saJe Dec. 18.1141
Atlas Tack
foreclos.\\i9 South w. Ark. & Ind. Ter. Ry..«a!«
Bird's Eye JelUco Coal
set aside
1068
ChicaKO & GraQd Trk. ..reorff. plan. 954
tffoosi/ji.ioei
Suburb.Elee.of Covlngt'n,Ky.r«<;V.1161
do
do
sale Dec. 1H.U47
Unit. Verde Cop... reiru;.i>Ja»i.ll07. 1158
Chic. Peer. & St. L.
deb. tnterfjf.llOi
Cit.Gas of Bridgep't, Conn.d^fflu/MliO Wabash KR
rfctit)«;-.1103, 1198
West. Maryland. i>ropos«<l sale, <t«.1064
Col. Lima & Milw
Consum.Elec. Light (Tampa.Fla
1161
Street Railways.
successor comvany
1195
Volume 69—
Dolgeville (N. Y.) Elec. L. &V
Pcm$.
Kings Co. El.Ji^U'rec'sre'dw.ctc. 1103. 1148
rt?/nu!f.1061
Euieka Springs Ry
1196
L\ma-Hon'ye(N.Y.)EI.L.&RR.sa{«.1103
(Ind.)
Power..
Wayne
Water
Fort
receiver.W>). 1196 Norf. So. (Ma^s.) St. Ry.r«c'r,1103. 1148
Harper & Bros
—
).
—
Ry.— Bonds Called. The entire issue
mortgage 5 per cent gold bonds, dated Ist
January, 1895, have been called, and will be redeemed on
presentation at the Mercantile Trust Co., 120 Broadway,
New York, 29th of June, 1900, with interest to the Ist day of
Atlantic
ik
Danville
of $1,500,000 first
July, 1900.— V. 69, p. 491.
Baltimore & Ohio H^.— Meeting Postponed.— The annual
meeting of stockholders has again been postponed, this time
until after Jan. 1.— V. 69, p. 1192, 1147.
Boston & Albany RR.— Lease. The reduction of the term
of the proposed lease from 999 to 99 years has already been
noted (V. 69, p. 1061), and the substance of the new supple*
mental agreement was given in our issue of Nov. 25, page
Total
$63,424,'! 65
Total
$63,424,765
A copy of the lease itself is now at hand, and having
1103.
• Balto
Curtis Bay Ry. 1st 58, $3.50,000; Balto. Middle River S. compared it with the lea«e as first proposed, we confirm
Ft. Ist M. 5b, $270,000 Pimllco <B Pikesvlile Rv. 1st M. 5s, $850,000
the statement that the provisions of the new contract are in
Shore Line Electric Ry. 1st M. .5s, $200,000 Balto. & Northern Ry.
respects substantially as shown in the abstract
Walbrook
G.
Oak
P.
Ry.
Co.
1st M. 5 p. o. bonds, $128,000
&
1st &8, all other
given in V. 69, p. 282.— V. 69, p. 1061, 1102.
was
which
$100,000.
There are 354'07 miles of single track in operation, 95 per
Brooklyn Rapid Transit Co.— A'ingrs County Elevated
cent of which is laid with steel rails. Rolling stock consists Bonds Issued for Refunaing. It is learned officially that the
of cars to the nnmber of 1,393.— V. 69, p. 1194, 1148.
only bonds which are being issued are the $5,000,000 fours
—
<fe
;
;
;
—
December
16, lb99.J
THE CHRONICLE.
1247
the committee of large amounts of the bsnds and stock of K.
C. P & Q. RR. Co. as well as a majority of the securities of
the Kansas City Suburban Belt RR. Co. and of the Port
Arthur Chaimel & Dock Co. E. L. Martin, President of the
Belt Line, was also in attendance. The reorganization of
the entire system, including the terminal companies, ia
—V. 69, p. 1192, 1148.
stated to be assured with the co-operation of practically all
Chicago Consolidated Traction Co. Pending Deal.— of the security holders of the various companies. All o' the
Chicago advices state that the purchaae of a controlling in- members of the Reorganization Committee, as well as those
terest in the $15,000,000 capital stock of this company by the now most largely interested in the property, look to a bright
Chicago Union Traction Co. vrill probably be consummated future for the reorganized system. [See also Kansas City
shortly. Mr. Yerkes's holdings of $10,000,000 of stock, it is Suburban Belt RR. and Kansas City Northern Connecting
rumored will be paid for at $45 per share, in 43^ per cent RR.l-V. 69, p. 1012, 1062.
securities, to be issued by a new corporation and guaranteed
Kansas City & Northern Connecting RR. Reorganizaby the Chicago Union Traction Co. The minority stock- tion. The earnings of this property are reported by the
holders, it is said, will get the same price as Mr. Yerkes.
reorganization committee of the Kansas City Pittsburg
V. 69, p. 1147; V. 68, p. 976.
Gulf RR. (which see above) to be very little in excess of
Chicago Union Traction —Deal.- The reported basis for operatirg expenses, thus making it difficult to place a market
the proposed acquisition of control of the Chicago Con- value upon its securities. V. 69, p. 851.
solidated Traction Co. is given above, imder caption of that
Kansas City Snbnrban Belt RR. Reorganization. A recompany. At the stockholders' meeting on Tuesday it was presentative of the Amsterdam interests, it is stated, bas
stated oflScially that negotiations were pending for the pur- agreed to deposit a majority of this company's securities
chase of the Cuicago Consolidated Traction Co., but the pro- with the reorganization committee of the Kansas City Pittsposed terms of purchase were not disclosed.
burg
Gulf RR. At a meeting of the committee this week
Listed. The New York Stock Exchange has listed the a statement was submitted regarding the Suburban Belt
$12,000,000 5 per cent cumulative preferred stock and $20,- road, showing:
000.000 common stock.
Floating liabilities, including sundry past-due coupons, unpaid vouchers, pay-rolls, etc
$1,026,0.5^
New Officers —Oa Tuesday the following four new directors were elected: William Dickenson and John V. Clarke, Sundry assets [cash, $20,761; due by sundry persons, companies and agents, $382,483; materials and supplies,
Chicago; Walter S. Johnston and Henry B. HoUins, New
453,242
$49.998]
of
York. Walter H. Wilson was elected to the new office
Balance, deficit, apparently $572,814, but in statement
Third Vjce President.
*$773,814
furnished us
Earniiigs. The income account for the three months
* Partially offset by 439 shares Northern Townslte Co., 425 shares
ended Sept. 30, 1899, shows: Gross earnings, $1,967,300; op- Missouri Electrical & Terminal Co., 1,815 shares, $512,000 first mortr
erating expenses, $907,595, net earnings, $1,059,705 other gage 58 and $290,000 second mortgage 5s of the Kansas City &
income, $210,858; total income. $1,270,563; taxes, rentals, Northern Connecting Co.; 22 shares Falrmount Amusement Co.
The President stated it would be necessary to expend bein tf re St, etc., $988,135; balance, $282,428; premium on bonds
tween
$100,000 and $500,000 upon the property in order to
sold, $3,445; surplus, $285,873.
Winthrop
Dividend.— A. regular quarterly dividend of li^ per cent place it in condition for profitable operation.
Co. and a
on the preferred shares was declared Tuesday, payable in Smith, of the banking firm of Winthrop Smith
February next. The first dividend was paid last month.— member of the Reorganization Committee, said
"It appears that the Suburban Belt Company has earned its fixed
V. 69, p. 1147, 1103.
charges for a limited period but it is equally apparent that it was at
Choctaw Oklahoma & Gulf RR.— iisfed in New York.— the expense of Its maintenance. Under the circumstances, it Is beThe New York Stock Exchange has listed the company's lieved that the securities of that company have been liberally treated
$4,800,000 general mortgage 5 per cent gold coupon bonds of by the committee, as it is confidently expected that the new securities
offered in exchange will command better market prices and be much
1919. The annual statement for the late fiscal year appears more readily salable. The Suburban Belt RR. is undoubtedly valunder the heading "Annual Reports."—V. 69, p. 1193, 1147. uable to the K. C. P. & G. RR. Co., but It is not indispensable, while
Cleveland Lorain & Wheeling lij,— Change in UontroL— the latter is essential to the former's successful existence."
[See also Kansas City Pittsburg & Gulf RR. above.] -V.
majority interest in this stock has been acquired by
69,
p. 1012, 384.
Messrs. Blair
Co. of New York. The house has been for
some years identified with the property, but has recently inLittle Miami RR. 3Iodification of Lease. A circular letcreased its holdings of the stock to the extent of a control.
ter to the stockholders sayp: "At the annual meeting of the
V. 69, p. 743.
stockholders, to be held Jan. 80, 1900, there will be submitted for their approval a proposed modification of the lease of
Paitiea
Crescent City RR. of New Orleans. Exchange.—
holding trust certificates for Crescent City RR. 5 per cent the Little Miami RR. to the Pittsburg Cincinnati Chicago
bonds are requested to present same at once to the United St. Louis Railway Co., whereby the rate of interest upon the
States Trust & Savings Bank, No. 207 Camp St., New bonds issued, and to be issued, by the Little Miami RR. Co.
Orleans, and receive the new 4-5 per cent of the New Orleans to the lessee company for betterments and improvements,
City RR., with coupon Jan. 1, 1900, attached.— V. 68, p. under Section X of the lease, shall be reduced from 7 per
cent to 33^^ per cent per annum; the lessee company further
926, 86.
agreeing to waive its present right of converting said bonds
Florida Central & Peninsular RR.— Seaboard Air Line
into the capital stock of the Little Miami RR. Co. and payRy. CousoZidofion,— The stockholders of the Florida Central
ing
$100,000 in commutation of the present fixed charge of
& Peninsular RR. Co. will meet Dec. 27 "to consider the $6,000
per annum.
question of a consolidation of the company with the South
"This modification of lease is largely in favor of this comBound RR. Co., or any other corporation or corporations."
of directors of tbe
The companies named will form part of the new Seaboard pany it has been approved by the boards
Air Line Ry. and will probably be merged along with the Little Miami RR. Co., the Pittsburg Cincinnati Chicago
guarantor,
St. Louis Ry. Co. and the Pennsylvania RR. Co.
allied lines under that title.— V. 69, p. 907, 1148.
and only requires the approval of tho stockholders of the
Franchise Tax in New York St&ie.— Perhaps not Collect- lessor and lessee companies to become effective."
ible XJiitil 1901. -A press despatch from Albany says that
The total authorized issue of the bonds in question is $3,the general impression that has prevailed to the effect that 000,000, of which $714,000 has been issued.— V. 69, p. 852.
corporations taxable under the tranchise tax Act would pay
National Tehuantepec RR,— Lease.— The report is retheir first taxes during the pear 1900 is a mistake, as the
peated
from London that Sir Weedman Pearson, 16 Airlie
statute will not be in full operation, so far as results are conCamden Hill, W., London, England, has comGardens,
cerned, before January, 1901. The despatch adds:
pleted arrangements to lease this road for 50 years, the
The valuations of the franchises which the State Board of Tax Commissionere are required to determine, aud tbe material to form the Government getting a percentage from the earnings accordThe road is about 185 miles long,
hasis of which is under consideration, will not, with the exception of ing to a sliding schedule.
corporationB operating in New York City, be certified to the local of standard gauge.
Sir Weedman Pearson's contract inaeeessors for some months. It was supposed that these valuations
equipment of the pioperty,
had to be certified to the local assessors within a few weeks. It now cludes the rehabilitation and
de"velops that the certification may be made any time before Sept. 1 which, at the end of 50 years, must be returned to the
next, when the tax-rolls for the following tax year are required to be Government, the latter guaranteeing the contractors at least
completed. In New York County, however, the certifications must be
contractors are also to make harbors at
made before May ], when the New York tax-rolls close. These rolls 6 per cent. The
form the basis for the taxes to be collected in 1901, so that apparently Salina Cruz and Coatzacoalcos at a cost, as reported, of
about $11, f 00,000. Active operations under the lease, it is
there will be no epeoial franchise taxes collected during the year 1 900
The Act was discussed editorially in V. 68, p 949; see also said, will begin shortly. The scheme contemplates lines of
steamers from both ends of the road to various parts of the
V. 68, p. 1024, 888.
Gardner Electric Street Ry.— -SaZe.- See Gardner West- world.
Sir Weedman Pearson has about completed his $20,000,000
minster & Fitchburg Street Ry. below.
contract with the Mexican Government for the improvement
Gardner Westminster & Fitchburgr Street 'Rj.—StocTt— of the harbor of Vera Cruz. He was also the contractor who
Purchase. The Massachusetts Railroad Commission has au- built the drainage canal from the City of Mexico.
thorized the issue of $100,000 capital stock for construction
New Bedford Middleboro & Brockton Street Ry.— A'ieTo
and equipment and an additional $50,000 to acquire the stock Securities. The Massachusetts Railroad Commission on
of the Gardner Electric Street Railway, share for share.
Dec. 12 gave a hearing on the petition of the company for
Kansas City Pittsburg & Gulf Ry. Success of Reorganiza- permission to issue $350,000 capital stock and $825,000 in 5
tion.
An important meeting of the Reorganization Com- per cent bonds, to be used in providing for the indebtedness
mittee of this company and its terminal properties was held incurred in constructing the road. The completed road, itis
in Philadelphia on Tuesday. At this meeting a representative understood, extends from Marine Park, at New Bedford,
of the Amsterdam (Holland) interests pledged the deposit with through Acushurt, Freetown, Lakeville, Middleboro and
of the Kings County Elevated RR., issnable in exchange for
the old bonds under the plan of reorganization. These 4s are
part of a total issue of $7,000,000, the balance of |2,O00,OOO
being reserved for future improvements. The net earnings
of tbe Kings County Elevated RR. are stated as at the rate
of $400,000 per annum, against an interest charge of |200,000.
—
&
—
—
&
—
—
;
&
:
;
A
&
—
&
—
;
&
,
•
—
—
—
THE CHRONICLE.
1248
North Middleboro, to connect at Bridgewater Center witti
the lines of the Brockton Bridgewater
Taunton Street
Riilway Co. The company has a park at Long Pond.
&
New Orleans City
are being delivered.
RR.— JVew Bonds i2eady.— The new bonds
See Crescent City RR. Co, above.
—V.
68, p. 1226, 926.
New York Central & Hudson River RH.—Stock Increased.
-The stockholders on Thursdav ratified the proposed increase of the capital stock from $100,000,00i» to $115,000,00
atto-day's meeting. Nonegativevote was cast.—V. 69, p. 1103.
)
ENew York New
Haven & Hartford ^R.— Vice-President—
announced as Vice-President of William F.
3Ierrill. Vice President of the Erie Railroad.
Mr. Merrill
succeeds William D. Bishop, Sr., who took the position
temporarily until a permanent incumbent should be selected.
Mr. Merrill, it is said, will take office on Jan, 1, and will
have charge of the physical condition and operation of the
whole New Haven system. Including the new improvements.
The
He
election
is
New Haven.— V.
will live in
Norfolk
69, p. 1062, 955.
& Western Rj.— Maturing Bonds.—The
$52,800
Southside RR consolidated mortgage third preferred 6 per
cent bonds maturing Jan. 1, 1900, will be purchased at par
and interest at maturity by the Mercantile Trust Co.,
trustee.— V. 69, p 546, 539, 280.
Northern Pacific Ry. Extra Dividend. The third semiannual dividend of per cent and an extra dividend of 1 per
cent has been declared on the common stock, payable Feb, 5
to shares of record Jan. 11.—V. 69, p. 1194, 1103,
—
1
Pennsylvania RR. New Stock.— The directors have authorized the issue of $12,930,500 new stock to provide for
construction and equipment expenditures on the main and
leased lines and branches in 1900; also for new equipment
and other corporate purposes. The new stock is offered
at par to stockholders of record Dec. 26 to the extent
of 10 per cent of their holdings, payment to be made in full
between Jin, 14 and Jan, 20. The privilege of subscribing
will expire Jan. 20,
Certificates of the new stock will be
deliverable on and after May 1st, 1900,
See fall particulars
in advertising columns of to-day's Chronicle.— V. 69, p.
1147, 1012,
Peoria Decatur
&
EvansTille B,j.—Sale Jan. .^.— The sale
of this road under foreclosure of the first mortgages is set for
Jan. 4 at Mattoon, Ills, It is expected that the road will be
purchased at the sale by the Colonial Trust Co,, which owns
a large majority of the second mortgage bonds. In this case
the firsts will receive the principal and interest for their
bond.'S and the stock will probably be wiped out.
V. 69, p,
—
1063, 1104.
Philadelphia Company. Exchange of Sfocfc —Nearly the
entire issue ($1,000,000) of capital stock of the Pennsylvania
Natural Gas Co, has accepted the offer of one share of Philadelphia stock for three shares of Penn. stock. V. 69, p, 1015,
1013, »52.
—
Pitisburtr Cincinnati Chicago & St. Louis Ry. Reported
Decision. The price of the common stock advanced on the
New York Stock Exchange yesterday more than ten points
on reports that the minority stockholders had secured a
favorable decision in their suit with the Pennsylvania RR.
—
Co.— V.
69, p. 795, 646.
Pittsburg Cleveland
&
Toledo
RR.— ilfr. Cowen
&
dent. —John K. Cowenof the Baltimore
been elected President to succeed Orland
nati,— V.
Presi-
Ohio RR. Co. has
Smith of Cincin-
69, p. 591.
Racquette Lake Ry.— Bonds,— The
New York
State Rail
road Commission has authorized the company to issue
|;250,-
000 bonds.
St. Paul & Duluth RR.— iVb^ Sold.— The report that the
Great Northern Railway Co. has acquired the control of the
stock of the St. Paul & Duluth RR is denied. The Minnesota laws prohibit the acquisition of a competing road. V.
—
[Vol. LXIX.
from the Seaboard road, was
formally opened on Dec. 10, President Spencer says:
We have bought about 50 miles of line [Carolina Midland Ry.]
whloh has been put in goo 1 condition, and bulJt 30 miles of new rail
road Immediately eoath from Columbia. For the remainder of the
distance to Savannah, trackage rights for Southern trains have been
leased over the Charleston & Western Carolina and the Plant System
tracks, including the use of Plant System terminals in Savannah,
rights heretofore obtained
new union station in taat city shall be completed, a year
The total flxed charges of the Southern for the entire line
from Columbia to Savannah, including interest on cost of property
purchased or built, and rentals tor trackage rights and terminals, will
be 5*63,000 per annum, which represents the interest at 5 per cent on
less than $e),000 iier mile of road. This makes the extension a very
cheap aad beyond doubt a profitable one.
By means of the new line the Southern reaches the important city of Savannah, and there connects advantageously
for all points in Florida and the West Indies with the Plant
System, and, through that system, with the Florida East
Coast Company at Jacksonville.— V. 69, p. 1010, 1012, 956.
State Line & Sullivan
Called Bonds.— Five $1,000
bonds have been drawn for payment at 105 at the Union
Trust Co., New York, interest to cease Jan. 1.— V. 68, p. 233.
until the
hence.
nU—
Third Avenue RR. of New York Citj.— Extension of
Underground Trolley. Cars equipped with the underground
—
trolley replaced this week the old horse cars on the Boulevard division, from Fort Lee Ferry through Manhattan
Street to the Boulevard, thence south to Fifty-ninth Street,
where connection is made with horse cars to Forty-second
Street.
Superintendent Robertson says:
hope to have the Dry-Dock division electrically
"We
equipped by spring, and with a similar change on the union
division we shall be able to run the same cars on all portions
of the road without the transfers now necessary.
King's Bridge Franchise. The
have dedirectors
cided to accept the terms proposed by the Board of Estimate
and Apportionment for the King's Bridge RR. franchise,
which covers about sixteen miles of road in the northern
part of the city. These terms are 4 per cent of the gross receipts for the first five years of the term of franchise; 6 per
cent for the second five years; 8 p. c. for the third five years,
and 10 p. c. thereafter; also 1 to 3 p. c. to sinking fund, The
franchise covers twenty-five years, at the end of which term
there must be a re-appraisement; at the end of the fiftieth
year the franchise reverts to the city. Work on the Kingsbridge extension will probably be begun early in the spring.
The line will extend from tbe Fort Lee Ferry at 125th Street,
via Broadway, through what was formerly known as the
Boulevard, then up Kingsbridge Road to a junction with
the company's Union RR. line at Spuyten Duyvil, etc. V.
—
—
69, p. 1148, 1C63.
Wabash
RR — Listed.- The New York Stock
Exchange has
listed $1,600,000 Des Moines Division first mortgage 4 per
gold bonds of 1939. Tae official statement says:
The above bonds are secured by a first mortgage of $1,800,000 to
the Continental Trust Co., as trustee, on the road extending from Des
Moines, Iowa, to Albia, Iowa (about sixty-seven miles, and heretofore
knownasthe Des Moines & St. Louis RU.), and also on the line recently constructed from Albta, Iowa, to Moalton, Iowa (about 27
miles); also by deposit with the trustee of all the capital stock of the
Des Moines & St. Louis RR. Co., all of the capital slock of the Moulton
Albia & Des Moines RR. Co. (the company organized to construct the
line from Albia to Moulton). $50,0^0 of the capital stock of the Des
Moines Union Ry. Co., and the contracts with the Oes Moines Union
Ry. Co. The contracts referred to give the Wabash Co. the equal
right with other tenant companies to the use lor 30 years from May 1,
1888, of all the terminal facilities owned by the Des Moines Union Ry.
Co., embracing a modern passenger depot and nearly 18 miles of track
and switching facilities in the centre of the city. The Issuance of the
balance of the bonds ($200,000) is contingent upon the building of a
line of railroad from Qulnoy, 111 to East Hannibal, 111. (about 17
miles), in which event the mortgage will be extended over same.— V.
69, p. 1104, 796.
,
—
Washington Water Power Co. Dividend. The company
has declared a dividend of one dollar per share, payable Jan.
1, 1900, to the registered holders of the trustees' certificates
for stock, as recorded at the Franklin Trus^t Co., Brooklyn,
N. Y., and registered at the Spokane & Eastern Trust Co.,
Spokane. Wash., at the closing of the transfer books. Dec.
15. See Street Railway Supplement under Spokane, Wash.
69, p. 696, 903.
Western Maryland "RK.-Payment of Bonds.— Notice is
Saratoga Traction Co.— Securities Authorized. — The New
York State Railroad Commission has authorized the com- given to the holders of the 6 per cent third mortgage bonds
pany to mortgage its property in order to secure $300,000 of (aggregating $875,000), guaranteed by the Mayor and City
mortgage 5 per cent gold bonds, interest January and
July, principal due Jaly 1, 1929, Of the new loan $200,000
will be applied to the redemption of a like amount of old
firsts, which are to be retired and canceled forthwith, and
§100,000 to meet the expense of reconstructing tbe Geyser
Branch (Saratoga to Geyser Springs) and to build i% miles
of new track to Ballston.
first
department.— V. 69, p. 1104, 1063.
West Virginia Central & Pittsburg Ry.— Davis Coal &
The agreement of the West
Acquisition.
Coke Co.
Virginia Central & Pittsburg Railway Co and the Davis
Coal & Coke Co. was ratified on Monday the eleventh. The
Gaston RR.— Sea- capital stock of the railway company was also increased from
Seaboard Air Line Ry.— Raleigh &
board & Roanoke KR. Consolidation. As a preliminary
—
to
the formation of tbe Seaboard Air Line Ry. the stockholders
of the Raleigh & Gaston RR. on Dec. 9 voted almost unanimously in favor of the proposed merger with the allied roads
and of the other matters presented for action (see V. 69, p.
907, 1015).
President Williams believes the opposition of
Thomas F. Ryan to the consolidation will not delay matters.
—V.
69, p. 1148, 1013.
Sioux City & Northern RR.—So/i.— At the foreclosure
sale on Dec. 12 the property was purchased for $1,500,000 by
William S, and Robert E. Tod. of the firm of J, Kennedy
Tod
&
Co. of
New York.— V.
lumbia,
S.
C,
69, p. 907.
—The new route
from Co-
to Savannah, Ga., to replace the
trackage
Southern Railway.
New
Line.
Council of Baltimore, which mature on Jan. 1, 1900, that the
Register of the city will be prepared to redeem the same on
and after Jan. 2, 1900. upon their presentation and surrender
at that
—
—
$6,000,000 to $10,0110,000, the maximum allowed by the charter, the additional $4,000,000 to be used to purchase the propThe latter conveys in fee to the
erty of the Coal Company.
Railway Company all its coal rights, lands, mines, coke
ovens, business and property of all kinds. The consolidation
meets with the entire approval of all concerned.
Secretary C. M. Hendley writes:
The railway company thus secures, with other property, over 50,000
acres of excellent steaming and coking coal and 70 coke ovens. The
mines are now producing 5,000 tons of coal and 1,000 tons of coke
daily, and work in progress will increase the output. The railway
company previously had nearly 40,000 acres of valuable coal and
timber lands, so that it now owns 100,000 acres of this property on
the Eastern slope of the Alleghenles, and is the nearest to the Atlantic
seaboard of any large body of coal lands. The W. Va Cen. & Pitts.
Ry. Co. win not change Its name or corporate existence, but will add
i
December
THE CHRONirLE.
16, 1899.]
1249
a coal department to Its organization. The charter of the Davis Coal
American Coal & Coke Co. of Fairmont, West \ a.— Incor& Coke Co. will be preserved In order that the coal business may con- porated. This company, recently incorporated, with $500,tinue under that name.
The officers of the railway company are H. Q. Davis, President; 8. B. 000 authorized capital stock, under the laws of West Va., is
Elkins, Vice-President; C. M. Hendley, Secretary: C. L. Bretz, General reported to have purchased several thousand acres of coal
Manager railway department; F. 8. Landstreet, General Manager coal land in Marion County, West Va. Incorporators J. E.
department.
Watson, J. E. Sands, S. L. Watson, C. W. Watson, A. B.
large controlline interest in both companies was held by Fleming, all of Fairmont.
ex-Senator Henry G. Davis, his brother, Col. T. B. Davis,
American Linseed Co. Added to Amounts on Unlisted
Senator S. B. Elkins and Mr. R. C. Kerens of St. Lonis, Mo.
Department.
An additional $1,275,000 common stock and
See V. 69, p. 493.— V. 69, p. 1148, 493, 490.
$1,275,000 preferred stock have been added to the amountsWisconsin Central Ry. New Chicago Terminols On dealt in on unlisted department of the
York Stock ExDec. 10 the company ceased the use of the freight and pas- change. This makes the total authorized issue of each, viz.,
senger terminals of the Chicago Terminal Transfer Railroad $16,750,000, outstanding and listed.—V.
69, p. 956, 744.
Company at Chicago, and now enters Chicago on the tracks
Neville Island Purchase.—
American
Steel
Wire
&
Co.
of the Illinois Central RR. Co., using the Central Passenger
has purchased a tract of land, said to contain
Station (Twelfth Street), and until its own freight house and The company
team tracks can be constructed on property near the foot of several hundred acres, at Neville Island, a suburb of PittsSouth Water Street, will use the in and out freight houses burg, and according to the Pittsburg papers has in corof the Illinois Central Railroad Company located in that vi- templation the erection of a large blast furnace and other
" There is no truth in
cinity, and certain team tracks adjacent thereto.
Wiscon- works. President John Lambert says:
the
statement
that
the
company
proposes
to issue additional
sin Central officials say that the change was rendered imissue bonds.
To what extent we shall improveperative, in the first instance by the shortness of the term of stock or
the lease offered by the Terminal Company, it being for only the property recently purchased on Neville Island has not
ten years, and in the next place on account of the very high yet been determined."— V. 69, p. 1017, 1013, 744.
rental demanded, the amount being far beyond the means of
American Sngar Refining Co. Vice-President Matthiesthe Wisconsin Central Company to pay.— V. 69, p. 1148, 1010. sen Resigns. Vice President F. O. Matthiessen has written a
letter to the company announcing his intention to retire
—
:
A
—
—
New
—
from the management. In an interview he is quoted thus:
As to why I wrote the letter— well, that Is purely a private matter*
INDUSTRIAL. GAS AND MISCELLANEOUS.
New
Industrial Companies.— Jndea;.— The leading items
heretofore published regarding new industrial companies,
mostly organized or floated since the October issue of the Investors' Supplement, are indicated by the following index
For list of some smaller companies see Chronicle of Nov.
:
18. 1899.
1 simply wanted to get out— not to stay In. As to reports of internal
dissension within the board of directors of the American Company, I
cannot say anything about it. I have not been near the meetings for
a considerable time. In respect to my relaiions with the Glucose
Sugar Refining Co, they naturally are friendly. My nephew Is the
President of that company.
—
Withdraival of Guaranty. The company last week withall guaranties of prices from Dec. 31 and all concessions
drew
Page.
1194
Page.
on soft sugars.
Worla's Production of Sugar. Statistics compiled by the
Atlantic Iron & Steel
966. 1195
Contluen.ZInc &Lead Min.&Smelt.i064 .^ini/ le Tube Autom. & Bicy. Tire.. 1106 State Department at Washington indicate that the world's
Fort Pitt (Nattiral) Gas
1105 Southern Fruit & ransportat'n...n51 crop of sugar for 1899-1900 will amount to about 8.000,000
General Carriage
1150 Springtield (Pa.) Water
1197
tons, being about 200,000 tons more than last year. The outIndependent Teleph. Co. of N. Y..llb6 Strohm Autom. Electric Safety
Jersey City Water Supply
1 196
Block System
1066 put of beet sugar is placed at 5,300.000 tons, against 4, £47, 000
Manhattan Light & Heat
1105 Teleph. Telegr. & Cable.1016. 1068,
in 1898-99, and of cane eugar at 2,700, 0(jO tons, as against 2,Mass. Teleph. & Telegraph .1066, 1150
1J6I.1197
Murphy Safety Third Rail Elec...lli<6 Union Gas & Elec. Co. of N. J
1197 851,134 last year.
Cuba's output is given as 300,000 tons, a
New York Auto. Truck
1196 ULited Ilium. Co
U9* decrease of
15,000 tons, and the Sandwich Islands' product asPeople's Teleph. Corp. (N.Y.City).ll 1 United Teleub.A Teleg
119«
Philadelphia Electric
964 York (Pa.) Telephone
1198 250,000, an increase of 10.000 tons.
The yield of the United
Amalgamated Copper Co.— On Boston Unlisted.— The States is placed at 370,000, as compared with 275,000 last
Boston Stock Exchange has admitted the company's stock year. Further facts regarding beet sugar are given below,
under the heading " Beet Sugar Factories." V. 69, p. 543,
for quotation on the unlisted sheet.— V. 69, p. 646, 696.
American Beet Sugar Co.— See " Beet Sugar Factories " 1104.
American Telephone & Telegraph Co.—N'ew Bend Issue.
below.— v. 69, p. 1149.
It is reported from Boston that the new bond issue will
American Cement Co.— Description of Property. A circular gives the following regarding the enterprise and the probably not be limited in amount except as regulated under
the New York laws, which permit the issue of mortgage
cement industry as a whole:
bonds to a sum equal to the total outstanding capital stock,,
The American Cement Co. of New Jersey has been organized to take
over the business ot the American Cement Co. of Pennsylvania, the and in addition collateral trust bonds to a like amount. At
United Building Material Co. of New York, the Arm of Lesley * first the company will issue about $51,772,000 of stock in ex-^
Trinkle ot Philadelphia, and some thousands of acres of cement lands change for $25,88fi,000 Bell stock; this will permit of the
in other States, heretofore held by friendly interests. The new company thus acquires cement lands in three States, live mills at Egvpt issue of about $100,100,000 in bonds. The new bonds, it is
and Coplay, Pa., and one on the Erie Canal, at Jordan's N. Y.; estao- said, will bear 4 per cent interest and run for 30 years. The
llohed and profitable selllns agencies at New York, Boston, Philadel- present issue will be $5,000,000, and the balance may be sold
American Alknli
Anglo-Amer. Rapid Vehicle Co
l<'6t
Pure Milk
1015, 1066
Rochester (N. Y.) Optical & Cam. .1197
Sbamokin (Pa.lLight.Heat&Pow.lliB
—
'1
..
—
—
phia, Baltimore and otoer large centres, and a great deal of miscellaneous property of considerable value, including wharves, bargee,
leaseholds, etc. The capitalization of the company includes $1,000 OOo
first mortgage 5 per cent gold bonds, involving an annual charge of
$80,000, of which $30,00o represents an annual sinking fund. The
total authorized stock issue is $2,100.00i* (in $10 sharesf, of which
$100,000 will remain in the treasury for possible future capital re-
quirements. The company will have ample working capital. The net
earnings of the manufacturing and trading concerns acquired for the
year ending Nov. 0, 1 898, were about $323,000. The earnings of the
ourrentyear it is believed will exceed $350,000. This sum covers the
annual interest and sinking-fund charges, and leaves a surplus equivalent to 13 per cent on the total authorized capital.
The American Cement Co. of Pennsylvania was organized inl8°4
and has always been operated as a close corporation, having a nominal
capital of $500,000. Its last-built mill— the sixth— has only just
been completed and not yet put in operation. With this mill it will
have a capacity for the production of about 1,200,000 barrels of
cement a year. The company has for many years supplied a large
part of the cement used by the Department of Public Works in Philadelphia, by the Feunsyivania and Reading railroad companiee, and
other large consumers. It also furni*-hed large amounts for the New
York Aqueduct, the tunnel otthe Niagara Falls Power Co., etc.
Cement is almost as peculiarly a Pennsylvania product as coal or
petrolei.m. The Lehigh district, extending along the Lehigh River,
from Siegfried, Pa., to Philipsburg, N. J., produces about 75 per cent
of the total output of the country. The principal Ameiican works are
those of the American Cement Co., at Egypt, Pa., and Jordan, N. Y.;
the Atlas and Coplay companies at Coplay, Pa.; the Alpha Portland
Cement Co, at Whitaker, N. J., and the Vulcanite Cement Co. at Vu4oanlte, N. J. Each of these companies has a trade name for its brand
of cement, and these trade names are jealously guarded as of great
value. The great bulk ot cement is used in public works, whose
stability depends largely upon the quality of the cement used; consequently the brands which have stood the practical test of years are in
constant demand at fair price. The American Cement Co. and the
Atlas Cement Co. are the two largest in this countrv, their combined
output being nearly 50 percent of the total production of Portland
cement. In 1886 the output of American Portland cement was onlv
150,000 barrels, while the importations amounted to 915,000 barrels.
For 1898 the approximate figures were 3,500.000 barrels American
and 2,250,000 foreign. The consumption of cement per capita in this
country grew from 13 pounds In 1880 to 34 pounds in 1890, and is
now believed to be in excess of 55 pounds per bunum.
The oHicers and directois of the company are: President, Robert W.
Lesley; Secretary and Treasurer, John S. Jenks, Jr.; Directors— Rolert
W. Lesley, Geo. H. B. Martin, Charles 8. Farnum, George W. Norris
and John W. Eckert.
—
as required for extensions.
—
Option. It is understood that the Bell stockholders making the exchange of one Bell share for two of American
Telephone & Telegraph Co. will presently have the right to
subscribe to new stock at par, one additional share for pach
two shares of Long Distance stock. V. 69, p. 1195; V. 68,
—
p. 1178.
American Window Glass Co.— Glass Pt'ar— The company
announces a cut of 33 1-3 per cent in the price of single
strength and 40 per cent on double-strength window glass,
effective forthwith, and on all orders now on hand. This is
taken as the beginning of a campaign against the independent and co-operative manufacturers.
Settlement. A settlement it is understood has been arranged with the glass workers, by which the latter will receive an advance in wages of 5 or 6 per cent and will resume
work Dec. 30.— V. 69, p. 796, 1013.
American Wireless Telephone & Telegraph Co.— This
company is reported as incorporated in Arizona. Authorized
—
P. G-ehring,
stock, $5,000,000. Incorporators: GA. Frederick Collins, W. Couley Reed, William J. Moss,
Henry Bass, R. Leaman, M. D., and A. R. Bass. The Marconi Company was incorporated on Nov. 22. See V. 69, p.
capital
1106.
—
Option to Purchase.— Esich
Atlantic Iron & Steel Co
holder of $100 stock of the Susquehanna or New Haven companies will receive, as stated last week, $150 in the preferred
stock of the new company, and has the right to subscribe at
par ($5 per share) for four shares of new common 8tor;b, receiving therewith as bonus 16 shares in new "full paid" common. In other words, in place of subscribing $20 and receiving $100 of commonstock"20percent paid," with the liability
for the remaining 80 per cent when called, he will for his §20
in cash receive new common stock to the amount of $100, all
paid.— V. 69, p. 1195, 956.
Beet Sugar Factories in the United States.— The 'Chi-
full
It seems that a consolidation of most of the leading cement cago Inter-Ocean" says; "The actual output of the Illinois
works was on the eve of being eifected last spring, but was and Michigan beet sugar factories is about 34,000 tons this
stopped by the death of ex Gov. Flower.— V. 69, p, 493, 542.
year, or 230,000 barrels, and it would have been much
THE CHKONICLK
1250
greater except for the aerious drought in Michigan. That
there will be accessions to the list of beet-sugar factories
next year is assured from the fact that a very conservative
estimate of the profits from a factory of 500 tons daily capacity of beets is $125,000 a year, exclusive of any bounty
that the individual States may pay. As siich a factory can
be put up for $250,000, it can be seen that it will pay for Itself
in two years."
The following shows the beet-sugar factories in the United
States, with their reported daily capacity in beets, the factories put in operation this year having an aggregate daily
capacity of 5,900 tons of beets, out of the grand total of
19,100 tons:
BKET SITOAB FACTOKIE8
Pat in operation
this
IN
UNITED STATES.
year r5,900 tons)—
Illinois Susrar Refining Co , Pekin, 111
Bay City Sugar Co., Bay City, Mich
Tons
700
600
.
;.'.".".'
'.
Detroit Sugar Co.. Rochester, Mich
wolverine Sugar Co., Benton Harbor. Mich
PpDlnt'ular Sugar Refining Co., Caro.Mch
VV est Bay City gugar Co.. West
Bay City. Mich
AlmaSuerar Co.. Alma, Mich
Holland Sugar Co., Holland. Mich.
..'..V.'.V.V
KalamazooSugar Co.. Kalamazoo. Mich
....
Colorado Sugar Mfg. Co., Grand Junction, Col
StandardBeet Sugar Co.. Ames, Neb
1» O. Corbln, Waverly, Wash
Putin operation prior to this year ri3,200 tons)—
Alameda Sugar Co., Alvarado, Cal. ..
western Beet Sugar Co., Watsonvllle. Cal
'.."'.. I."M
Chino Valley Beet Sugar Co., Chlno, Ca'
Lop Alamitos Sugar Co.. Los Alamltos. Cal
•^aiifornia Beet Sugar & Refining Co., Crockett.
Cal
Orpgon Sugar Co., La Grande, Ore
"
Utah Sugar Co Lehi, Utah
Ogden Sugar Co., Ogden, Utah
'".""'.'.!I1!"**"I"I!'
Pecos Valley Beet Sugar Co., Carlsbad. N. M
American Beet Sugar Co. (V. 68. p. 280), Grand Island, Neb.
Do
do
Norfolk, Neb
^°
Oxford, Cal
?°^
HT
Mnnesota Beet Sugar Co. (V. 67. p. 371), St. L. Park, Minn.
Michlt-an Sugar Co., Bay City, Mich
...
First New York Beet Sugar Co., Rome, N.Y
SpreokPls Sugar Co. (V. 68, p. 430), Salinas, Cal
Union Sugar Co., Santa Maria, Cal
.500
350
600
500
600
'.
.'
Grand
500
350
500
350
.'
'
,
P.'jO
800
1
fiOO
1.000
TC^
1,200
350
350
350
200
350
350
2,000
3.50
50O
200
3.000
500
total dally capacity of beets
The proportion
19,100
of the world's total output of sugar ob-
tained from beets is given above, under the heading American Sugar Refining Co. See also data in V.
66, p. 133 and
V. 68, p. 280.
[Vol. LXIX.
authorizing Charles H. Deere, Eugene H. Pearson and George H.
Webster, or a majority of them, to take the aeoessary action In the
premises.— V. 69, p. 129.
Colonial Sugar Beflning Co.— Talk of New Company.—
was reported early in the week that articles of incorporation for a company, probably with this name and with $100,000,000;of authorized capital stock, were about to be filed at
Dover, Del. As we go to press, however, nothing has been
heard of the company's incorporation. Hughes & Wolcott,
corporation lawyers of Dover, are said to have the matter in
It
charge.
New York.— Go* W^ar— Director
D. Crimmlns says:
We have been rapidly increasing our business since the New Amsterdam's advance in rates. I believe that all the companies have experienced Increase In consumption of gas since the outbreak of the
war, but our company, I am confident, has got the most of it. We
have great increases over a year ago.— V. 69, p. 441, 1105.
Denver City Light & Power Co.— New Enterprise.—This
company, with$l,000,000 of authorized capital stock, filed articles of incorporation at Denver, Col., on Dec. 8. The intention is said to be to establish an extensive power plant at the
Denver City coal mines, near Lafayette, to furnish electric
light and heat for Denver and other towns in Northern Colorado. The directors are given as J. F. Mundy, 1 imothy T.
Beach, Stephen A. Foley, all of Lincoln, 111., and C. W.
Crawford and Henry J. Mayham of Denver.
Practically the same men have organized, also, the Denver
Botilder & Northern Ry. Co., with $2,500,000 of authorized
capital stock, to construct and operate a standard gauge road
from Denver to Boulder via Lafayette and Louisville.
East Jersey Water Co.— Plant in Operation.—The company's new water-works on the Passaic River, above Little
Falls, together with the new reservoir at Garret Mt., which
have been in course of construction for two years, were put in
operation last week. A new pipe line has also been laid for
a distance of 8 miles, parallel to the two other lines which
run to Newark and Jersey City. The new work is said to
Consolidated Gas Co. of
J.
have cost about $900,000.
After ;next September, it is
stated, the company will supply Paterson, Jersey City, Bayonne, Passaic, and a number of other municipalities, with
water from Little Falls. This will continue until the Jersey
City plant on the Rockaway River, near Boonton, is completed. In the pump house at Little Falls there are at present three pumps, one of 20,000,000 gallons daily capacity
Bethlehem Steel Co.— Bethlehem Iron Co.— On ref^ular and two of 10,000,000 each. The bed for a fourth pump, to
ii»tin Pfitladelphia.— The shares of these companies, namely be of 10,000,000 gallons capacity, is now being constructed.
$7,500,000 of Bethlehem Iron Co. and $15,000,000 of Bethle
The company was incorporated in New Jersey in 1889, with
hem Steel Co.. have been regularly listed. They have re- $3,000,000 of capital stock in shares of $100 each. There are
cently been on the unlisted department. The only funded no bonds outstanding. The office is at No. 2 Wall St. Secdebt
connection with the two properties is the Iron Com
retary is Albert P. Fisher; Treasurer, Francis L. Hine. See
panv 8 loan for $1,351,000 of 53 due Feb. 1, 1907, assumed by report of Lehigh Valley RR. Co. for 1889 in V. 50, p. 137.
the bteel Company. The floating debt is $958,619, offset
by
Erie Telegraph & Telephone Co.—New Stock.—The stockcurrent assets. The Steel Company's shares are of the par
holders yesterday authorized the directors to increase the capJo 00. °^ ^^^ ^^^^> ^^^^ ^1 Pe'^ s^are paid up.— V. 69, p. 77, ital stock from $5,000,000 to $15,000,000, and to issue the
new stock as required for new property and additions. The
Boston Electric Light Co.—Dividend Increased.—The new capital, it is thought, will enable the company to
company has declared a quarterly dividend of 2 per cent, increase the number of its subscribers from 105,000 to 200,making the rate 8 per cent rer annum, as against 6 per cent 000, at the rate of about 50,000 per year, to increase proporheretofore.—V. 69, p. 908, 335.
tionately its long-distance service and to complete thirty exBridgeport Electric Light Co.— Exchange.— For terms of change buildings now in process of construction, giving it
exchange see United Illuminating Co. below.— V. 69. p. 1195. 62 exchange buildings in all.— V. 69, p. 1105, 1114.
Brooklyn Gas & Electric Light Co.—Status.— This propFederal Steel Co.— Dividends. The company has declared
^*^^®^' ^»8 not been sold as proposed to the Man- a dividend of 3 per cent on its preferred stock, making the
tZ'
l^hattan Light
Heat Co. and may pass into the control of full 6 per cent for the year, payable Jan. 20. As to divi" The
other parties
Stahl
Straub, who suspended recently, dends on the common stock, an official statement says:
were interested in the enterprise.— V. 69, p. 1105.
results of business up to Jan. 1, 1900, can be closely estiCarnegie Steel Co.— Attitude of Mr. Frick.—The retire- mated and they are such that it is the expectation of the di?i^°^of Mr. Frick from his position as Chairman of the rectors, as unanimously expressed by all present at the meeting, to declare dividends on the common stock as soon after
m
—
&
,
&
board of directors, as mentioned last week, has been accompanied by persistent reports that his relations with the Carnegie interests have become strained. See Union Steel Co.
below.— V. 69, p. 1195, 1105.
Chicago Packing
&
Provision Co.— New Plan.—The reor-
ganization plan as first proposed called for the transfer by
the English company of the capital stock of the American
1, and in such manner as may be legal and in conformity to the rules of the Stock Exchange, on a basis of 5 per
Jan.
per cent per annum, commencing the second quarter of 1899.
This can be done after reserving to the constituent companies
from net earnings prior to Dec. 31, 1899, upwards of $4,000,000."
A
by-law has been adopted giving the directors the prividecision recently lege of acting on dividends on the second Tuesday of any
rendered by the Eoglish Court of Chancery such transfer
can only be effected upon the payment of the stamp tax re- month they may elect.—V. 69, p. 1196, 908.
Fort Wayne (Natural) Gas Co.— Consolidation. See Ohio
quired in the case of an ordinary sale of stock. This payIndiana Natural
Illaminating Gas Co. below. V. 69,
&
naent would have entailed a large expenditure, and as
one
p. 1014.
of the main objects of the reorganization is to bring
the
American shareholders into direct touch with the manageGold Belt Consolidated Electric Co.— Consolidation.—
ment of the American company, whose stock is owned by This company has been incorporated, with $300,000 of authorthe English companv, the committee, consisting of H. Bots- ized capital stock, to effect a consolidation of all the electriford and Eugene H. Pearson, has sent to the shareholders cal interests of the Cripple Creek district. The Denver i?ethe following substituted plan:
publican says:
The board of directors of the American company is composed of six
The interests consolidated are the Victor Light. Water & Motor Co.,
oireciors. It in proposed to increase that board, under the Illinois
law, the Gold Belt Electric Co. and the Fremont Electric Light & Power Co.
to seven, and that at least a mc.jorlty of the seven directors
should be The present plants will be taken over and all modern appliances in^'*'™
*°*^
among
^y
the
American
shareholders.
The stalled at once. The purpose is to have the most complete system for
^ American
r»vri^*#
siocK or the
company, which is the only asset of the Eng- electric light and power that money can purchase. The company wiU
iisn company, is held by two trustees.
It is believed
an arrange- supply power to all the big mines of the district.
ment will be eifected by which such trustees and theirthat
successors will
The new company is empowered to do an electric, traction
voie in favor of the increase in number of the board of directors
of
power business. President. S. T. Smith, Secretary, W.
and
ine American company, and also for such directors of the
American
company as the American shareholders shail designate.
F. Jones; both of Denver.
n view of the foregoing the committee has requested the
American
Indiana Natural & Illuminating Gas Co.— Consolidation.
irust & Savings Bank forthwith to redeem its deposit receipts
and
Indiana Natural
Illuminating Gas Co. below.
See Ohio
®™''°*'y*'*°'^
"''*'«» «^'''enced by such share receipts. In
fibril *
°^<^®8Bity. in case it should be hereafter concluded
t«^i^***^*'*'*^'^®
Incorporated, This comInternational
Fire
Co.—
Engine
10 wind up or liquidate the English company, of again asking for powers or aitoniey, the committee deems it
was
incorporated
Trenton,
N. J., with authorized
at
pany
advisable that there should
oe executed, subject to revooatioM In the future,
powers of attorney capital stock of $9,000,000, of which $4,000,000 is preferred 7
company
to a
new corporation.
Under a
—
&
1
—
&
&
—
—
December
THE CHRONKJLE.
16, 1899.]
per cent cnmulauvb. lueorporators: Harry S. Stahlknecht,
William A. Dinsmore, New York, and William N. Lecato, of
Orange.
International Warehouse & Trust Co. Incorporation.—
St. Louis Enterprise.
This company, with authorized capital
stock reported to be $150,000,000 (?). in |100 shares, has filed
articles of incorporation in Sauth Dakota.
Incorporators:
James Dousrhty, of Sionx City, and H. Merry, H. W. Kitchner, T. H. Brown, E. E. Starr, David S. Harrison, August
Faul, W. A. Thoma?. A. H. Kitchner, E. L. Hunter, G. W.
Caudle and H. Pettibooe, all of St. Louie. The company
haa broad powers.
Inter-State Telegraph & Telephone Co. of Philadelphia.
Incorporation.
This company has been incorporated
under the laws of Delaware.
Authorized capital stork,
$2,000,000. Incorporators: J. C. Lander of Morristown, Pa.;
T. Dougherty of Allencowa, Pa.; A. M, Worstall of Phila-
—
—
—
delphia.
It is said tbe
company will build from Philadelphia to
Wilmington and unite with the Diamond State Co. securing a system from Philadelphia to all points on the Delaware
&
peninsula. -The Eastern Telephone
Telegraph Co. of
Philadelphia was incorporated in Delaware on Dec. 6, as
stated last week. It seems not unlikely that both of these
new corporations are offshoots of the United Telephone &
Telegraph Co. of Baltimore,— See V. 69, p. 1017, 1195.
mortgage
V.
5s
due 1937
—
Northwestern Packing Co. of Sioax Falls.— Adjudged
Bankrux>t.—k.t Sioux Falls, S. D., on Nov. 27, Judge CarIan of the United States Circuit Court held the Northwestern Packing Co. to be bankrupt. The following explains thestate of affairs:
Early in 1899 the A.. Lester Heyer Packing Co a South Dakota cor,
poration, with a capital stock of $4,000,000, purchased this property
of Theron Davis, who had purchased it of the Northwestern Packing
Co. The property was sold in both cases subject to liens amounting
to over $300,000. The A. Lester Heyer Packing Co. made improvements in the property and began killing hogs on July 18. 1899. Creditors of the Northwestern Packing Co., whose claims were unsecured,
demanded payment of their claims of the A. Lester Heyer Packing
Co. Some litigation followed, resulting in an action by A. J. Pettingill and others in tlltng petition for bankruptcy aeainst the Northwestern Packing Co., claiming an illegal act in transferring the property. The A. Lester Heyer Packing Co. at first fought the matter, but
finally as they were not making any money withdraw any opposition
and closed the plant. The deeds will be probably set aside. The
property, it is said, will not sell for enough to pay even the secured
claims.
The A. Lester Heyer Packing Co., we are informed, is perfectly solvent, but will probably^ never attempt to do business again in Sioux Falls, having lost, it is supposed, over
$50, CO J in the venture. It has no indebtedness other than to
own
1226, 11S2.
diana Natural Gas
—
Mills & Glbb Company.— /ncorporafed. This New York
dry goods house has been incorporated under tbe laws of
New Jersey with authorized capital stock of $3,200,000, of
which $1,000,000 8 per cent cumulative first preferred stock,
$200,000 6 per cent cumulative second preferred, and the balance common stock. The stock has all been subscribed for
by the partners.
on the unlisted sheet.
New Haren Electric Light Co.—-Exchange.— For terms of
exchange, see United Illuminating Co. below. V. 69. p. 1196.
its
Lafayette Gas Co.— OoTCsoZicfafion.— See Obio & Indiana
Natural & Illuminating Gas Co. below.
Logansport & Wabash Valley Oas Q,o.—Conaclidation. See Ohio & Indiana Natural & Illuminating Gas Co. below.
Manhattan Light k Heat Go.— Status.—'Yh.Q proposed purcbase of tbe Brooklyn Gas & Electric Co., it is stated, has
not been carried out.— V. 69, p. 1105, 957.
to quotation
69, p. 336, 1150,
Keru Incandescent Oas Light Co.— Use of Burner. -^qq
statement for New Amsterdam Gas Co. below. V.^68, p.
—
1251
Ohio
Ohio
stockholders.
&
—
Indiana Gas Co.
«fe
& Indiana
Consolidation. See Ohio
Illuminating Co. below.
Natural
& In-
& Illaminating Gas Co —Con-
solidation Plan.—Th\» company was incorporated last week
to consolidate the following five concerns
Indiana Natural <fe lUumiQating Gas Co., supplying Frankfort, CrawfordsvlUe. Lebanon, Thorntown, Darlington, and twelve intermediate
:
smaller places.
Lafayette Gas Co., which supplies Lafayette, and several smaller
companies.
Logansport & Wabash Valley Gas Co., supplying Wabash, Logansport, Peru, and smaller places.
Ft. Wayne Gas Co
which supplies Ft. Wayne, Decatur, Bluffton,
Anderson, and several others.
Ohio <fe Indiana Gas Co., supplying Lima, St. Mary's, Wapokeneta,
and other points in Ohio.
,
A
committee, consisting of a representative of each, viz.:
Charles F. Dieterlch, A. N. Brady, Geo. C. Clark, A. B. Proal, James
H. Benedict, and J. Bertschmann,
by
Montana Power Transmission 0,0.— Property Transferred. has reported the following plan, which has been adopted
the several boards, namely: Form a new company under the
—This compiny is reported to have acquired for $1,775,000,
from the Montana Power Co. of Butte, all its property, in- laws of New Jersey, with a capital stock of $10,000,000, the
cluding 1,900 acres of placer ground in Beaverhead and Silver present companies to be merged on tbe basis of their respectnet earnings and cash in the treasury. The following
Bow Counties. The consideration is stated as $1,775,000. ive
table shows the stock of the present companies, the proposed
The Transmission Company was incorporated in New Jersey
rate of exchange into new stock, the total amotmts of new
last September with $1,000,000 of authorized capital stock,
the incorporators being William J. Cannin?, William E. stock required to effect the exchange, and the amount of
Brayton, Charles E. Estabrook, Christie P. Hamilton and
New Jersey office. Corporation
Trust Company's Building, Jersey City.
Thomas K. Henderson.
Murphy
Safety Third Rail Flectric Ca.— Reorganization.
New Jersey last week with
a capital stock of $2,500,000. it seems is a reorganization of
the Safety Third Rail Electric Co., which was controlled by
the Emerson McMillin syndicate. The McMillin interests
have retired and parties friendly to John M. Murphy, the inventor, are in control. The permanent officers include:
Matthias Plum, of Newark, President; Charles T. Hayman,
Superintendent of Public Works, of Ohio, George H. Carey
and William M. Keepers, of Hartley
Graham, Vice Presidents. The company's system, it is claimed, can be applied
to any electric railway and also to steam railroad lines in
cases where it is found desirable to use electricity. Of the
stock one-half is 8 per cent non cumulative preferred: $500,000 of common and the same amount of preferred remains in
the treasury. There are no bonds. The office is at 116 Naspau St. Lauron Ingels is General Manager and Secretary.
—This company, incorporated in
&
V.
69, p. 1196.
—
National Starch Co.— S'ocfc Control. The controlling interest in the stock purchased bj' the syndicate, as stated last
week, comprises, it is s-aid, about 60,000 of the total of
85,169 shares of outstanding stock of all classes. The purchase required the outlay of over $2,000,000 cash.— V. 69, p.
1196. 964.
—
New Amsterdam Was Qo.—Kern Burner Director F. S.
Hastings is quoted as saying:
Therft seem to be no signs that we are going to lose business, despite
the higher rates. We had been expecting to lose perhaps 25 per cent
We
of our customers through our late advance.
are receiving many
inquiries about our new Kern burner, and when we tell our curtomers
that its introduction will prevent their bills being any higher, despite
the higher rate, and that they will get an improved quality of light,
they appear well satisUed. To succassf uUy compete with us the other
companies will be compelled to cut their prices to 20 cents per 1,000
cubic feet. The Kern burnerwill intensify light live times— yet it will be
a red and orange light, not a violet light— and therefore will be in
quality as well as quantity all that is desirable.— V. 69, p. 1065, 1106
New Brnnswiclt
Light, Heat
& Power Co.
Incorporation.
—This company, with authorized capital stock of $500. 000, was
incorporated in New Jersey on Dec. 7. Principal office. No.
356 George St., New Brunswick, N. J. Incorporators: Bernard Katz, Paterson, N. J.; Adolph A. Eisele, Wm. O. Kuebler, Newark, N. J.
New England
& Coke Co.— On Boston Unlisted.— The
Boston Stock Exchange has admitted the stock and the first
^m
bonds outstanding and to remain undisturbed as a lien on the
several constituent properties
New
Present
Rate%
Stock in
Stock.
of Exck.
Exchange.
$1,050,000
2,012,500
2,400,000
1.150,000
2,360,000
Indiana Nat.. .$1,000,000
Logansport,.
1,750,000
Ft. Wayne..
2,000,000
Lafayette
1,000,OCO
Ohio&Ind... 2,000,000
.
. .
.
.
105
115
120
ll.=i
118
We have inserted these from V.
\8t
*
M.
6% Bondt
Undisturbed.
$820,000 due
due
due
due
1,750.000
2,000,000
1,000,000
2,000,000
1908
1925
1925
1924
due 1926
68, p. 186.— Ed.
" Leaving in the treasury of the new company $1,027,500
of its capital stock and about $600,000 in cash. Of the reserved capital stock, it is estimated that about $27,500 will be
required to meet the expenses of forming the new company,
for State taxes, legal advice, engraving certificates, etc., the
net remainder being $1,000,000. It is proposed to use this
$1,000,000 stock for acquiring new gas fields in Indiana, Virginia, or in anjr other State whenever, in the judgment of
the directors, this should be deemed a wise thing to do, or to
establish works for the manufacture of fuel gas to augment
the supply of natural gas from the present fields, or both.
Four per cent dividends upon present capitalization require
the disbursement of $310,000 annually; 4 per cent upon the
porincreased capitalization will require yearly $360,COO,
tion of this additional $50,000 dividend fund will be derived
from the saving of expenses of administering one company
All bonded indebtedness wUl
instead of five as at present.
remain, of necessity, as it now is."
Stockholders approving the plan are requested to send their
certificates to the Central Trust Co., No. 54 Wall St., on or
before Dec. 30, 1899. Stockholders preferring to retain their
present certificates are at liberty to do so, and they will continue to receive such dividends as may be declared from time,
on the present capitalization of $7,750,000. The offices of the
company are at No. 45 Broadway, fourth floor.
Decrease of Gas. In their circular the committee say
The directors notice, with regret, that recently there has appeared to
be a feeling of alarm amung the security holders, a» evidenced by more
frequent transfers of stock and the declining prices of both bonds and
stock. The directors, holding more than 30 per cent of the capital
stock, feel that this alarm is uncalled for. Exaggerated reports of
soon expected failure of natural gas have caused this uneasiness.
That the "rook pressure" is continually decreasing is true; but volume
remains even in the present fields. How long this will continue, no
•
A
—
:
one knows; as impossible to determine now as eight or ten years ago.
Meanwhile, it will cost, each year, more and more to continue the
present volume of gas, because of greater distances from the source of
supply to points of consumption; and, also, because of the greater
number of wells required, and the additional cost of pampiDg station,
first to build, then to maintain, to take the place of the natural rook
pressnre, which, as is stated, is diminishing. This increased cost will,
we are sure, be chiefly borne by the intelligent communities using our
L'Hs; and they will, ultimately, grant us the right in all the cities and
THE CHKONICLE
125:^
United States Oil Co.— Dividend Increased The direchave declared a quarterly dividend of 75:*. and an extra
tors
dividend of 50r., payable on Jan. 1 to stock of record Dec. 14.
The quaiterly dividend paid last September was only 50 cents
with 50 cents extra.
New Stock. An instalment of 25 per cent of the subscriptions for the new issue of stock was payable Dpc. 15 and the
balance of 75 per cent is called for Jan. 15. "V. 69, v. 1152^
—
—
Extension to West Virginia. An ofiBcer of one of the constituent companies is quoted as saying
The object of the organlzatli n is to unite for the preservation of the
business. It may be that In two or three years the sreat gas field of
—
:
1107.
Indiana will be exhausted. There is in Western Virginia, and Eastern
Kentucky a gas field much of which is unexplored, but which has
great rock pressure and great volume. Pittsburg is already in this
field, piping gas over 100 miles.
To tap this field we should have to
bring gas o\ er 200 miles, and this consolidation is merely an association of the companies to do what no one alone could do profitably.
The former proposition of consolidation was in V. 68, p186 and 379.— V. 69, p. 1197.
United States Sugar Refining Co.—Stock Reduced to
$JO,000.—The comp&ny on Dec. 1 filed papers at Trenton,
N. J., reducing its capital stock from $2,000,000 to $10,000.
The American Sugar Refining Co., as owner of 9,900 common and 7,000 preferred shares, joined in signing the notice.
United Water, Gas & Electric Co. (of Williamsport, Pa,).
Incorporated. This company, with authorized capital
stock of $500,000, was incorporated at Trenton, N. J., on
Dec. 4, to manufacture and furnish gas, electric light, heat
and power, to construct reservoirs and furnish water, and
to construct railways and tramways operated by any kind of
power. Incorporators: P. B. Shaw, Henry Melzger, God-
—
—
Fennsylrania Nataral Gas Co.— Exchange Successful.
The holders of all except an insignificant amount of the
company's ($1,000,000) capital stock have agreed to the exchange of three shares of the same for one of the Philadelphia company. (See Stkeet Railway Supplement.)— V. 69,
Safety Third Rail Electric Co. Beorganization.—See
Safety Third Rail Electric Co. above.— V. 67, p. 691.
and L. M. Garrison,
Utica Electric Light & Power Co.— Called Bonds.— The
Utica Electric Light Co. first mortgage 6 per cent bonds
have been called for payment on Jan. 1, 1900, at the Central
Trust Co. of New York.— V. 69, p. 1107, 133.
Virginia Iron, Coal & Coke Co.— New Treasurer. Edward
B. Craig, until recently Treasurer of the State of Tennessee,
has been elected Treasurer of this company. The property,
it is stated, is now producing at the rate of 400,000 tons of
pig iron, 150,000 kegs of horseshoes and 40, COO tons of castiron pipe per annum, besides coal and coke. Three additional plants are to be put in operation early next} ear.
Cornelius Shields, who recently resigned as Assistant Superintendent of the Great Northern Railway Co., is now VicePresident and General Manager of the Virginia & Southwestern Railway Co., one of the properties of the Virginia
Iron, Coal & Coke Co.— V. 69, p. 758, 388.
Western Union Telegraph.— Earnings (partly estimated)
for the quarter and the six montbs.ending Dec. 31 were:
Murphy
Standard Gas Co. of New York Citj.—Neiv Stock— The
stockholders of record Dec. 30 are offered the privilege of
purchasing on or before Jan. 15 6,000 shares ($600,00( ) of preferred stock at par. The authorized issue of preferred stock
is $5,000,000, of which only §3,721,100 is outstanding.
A circular under date of Dec. 8 says:
At a meeting of the directors held this day, it was resolved that
—
there be offered to the stockholders of record at 12 m., Saturday. Dec.
so, 1899, the privilege of purchasing on or before the 15th day of
January, 1900 (on and after which date the certificates of stock will
be ready for delivery), 6,000 shares of the preferred stock of the company, at $100 per ehare. Each stockholder of record, as above, is to
have the right to purchase such stock in the proportion of one share
thereof for each fourteen and one-half shares (preferred and common)
held by him; payment for which is to be made on or before Jan. 15,
1900, at the Secretary's office, 31 Nassau St., New York City.
Russell Sage says: " This will give us $600,000 as a 'war'
fund. It's not for dividends.
want to be in shape, financially, for anything that may happen.
As to the gas war,'
there's no change in the situation."' The payment of a dividend is understood to be indefinitely postponed, if not definitely "passed.'"— V. 69, p. 1196.
We
Balance'
3 months
Net
Interest
Dividends
surplus.
revenue.
charges.
paid.
ending Dec. 31.
$lf 8,888
$224.1i0
1899 (estimated).. .$1,600,000
$1,216,992
17,934
1,459,194
224,273
1898 (actual)
1,216,987
6 months $^84,314
1899 (estimated). ..$3,266, 567
$2,433,983
$448,240
2,986,431
448,546
2,433,972
103,913
1898 (actual)
Total surplus (estimated) Dec. 31, 1899, $8,451,271. Th»
regular 1}^ per cent dividend is payable Jan. 15, 1900. V. 69,
'
Union Steel Co. of Pittsbnrg.— Siaiijs.- The retirement
of Mr. Frick from the chairmanship of the board of directors
of the Carnegie Steel Co. has given rise to rumors that this
company, recently organized, is to have his support as
an enterprise independent of the Carnegie interests. The
•'Pittsburg Gazette" recalls the fact that the incorporaiion
of the new concern followed shortly after Mr. Frick was
balked in his plans for the proposed Carnegie-Frick consolidation, and says:
The company was chartered under the name of the Union Steel Coand headquarters were opened in the Carnegie Building. It was announced that $1,000,000 had been deposited at the Union Trust Co. to
insure the carrying out of the plans. The subsequent capital of the
company, it Is stated, is to be $10,000,000, and the plan is to build the
greatest rod mill in the world, a great steel plant and two monster
—
p. 1152, 794.
—
Westinghouse Machine Co. Stock Increased. The stockholders on Wednesday ratified the proposition to issue |1,50",000 of 5 per cent twenty-year gold bonds, of which $350,C()0
to be held to retire a like amount of existing bonds due in
1914.
The new plant, for the building of which the proceeds of the new loan will largely be applied, was described
week.— V. 69, p. 1198, 854.
Wetmore (M. C.) Tobacco Co. of St. Louis.— Incorporahor.
last
— This company filed
blast furnaces.
Because of lateness in the season to start such a big building enterpri^e, or for whatever cause, the work on this establishment Is not to
begin till next spring. It is announced that the site is to be somewhere along the Monongahela River. Two prominent business men
have been announced as being Interested in the big enterprise.
They are W. H. J^onner, a director in the American Tin Plate Co. and
the head of the National Tin Plate Co. at Monessen before it was
merged into th" tin plate combine, and A. W. Mellon of the wellknown banking house of Mellon & Sons, who was associated with Mr.
Frick in his efl'ort to reorganize the Carnegie-Frick interests and buy
the holdings of Mr. Carnegie. The only thing that remains now is the
closing out of Mr. Frick's shares in the Carnegie Steel Co. to his partners.
lacking.— V.
—
frey Heflf, all of Williamsport, Pa.,
Jersey City.
p. 1015.
is
LXIX.
—
towns (we already have this concession in some) to use meters, charging for gas a fixed price, and thus obviating waste. Pro'iably tvery
winter there will be reports of failure of natural gas. This has always
occurred and always will occur in extremely cold weather, everyone
then demanding greater amounts, while the supply cannot be suddenly
Increased; but with the cessation of low temperature the trouble
passes away.
Confirmation of the rumors
[Vol.
articles of incorporation
on Dec.
14.
The authorized capital stock is $1,250,(00. Incorporators:
Moses C. Wetmore, John Scullin, Festus J. Wade, H. McCann, W. S. Logan, P. J. Heurer and C. D. Morey. The
company is composed largely of men who were with Liggett
& Myers before its absorption by the American Tobacco Co»
A new factory is being fittt d up, and is expected to be in
operation within a few weeks.
Whitebreast Fuel Co.— Sold.— The company's property has
been sold under foreclosure and bought in by Judge S. P.
Wheeler for the bondholders' committee.— V. 69, p. 758.
Women's Hotel Co. of New York Ciij.— Stock Offered.^
69, p. 1066.
The company
invites subscriptions
to its capital stock, of
United Illiimiuating Co. of New Haven, etc.— OJficial which 1140,000 remains to be taken. Subscription lists close
Circular.— The proposed consolidation under this title of the Dec. 31. Prospectuses and subscription blanibs can be had
New Haven and Bridgeport electric light companies, refer- of the New York Security & Trust Co., 46 Wall St.; the
red to last week, will be effected on the basis of an exchange Knickerbocker Trust Co., 234 Fifth Ave., and the Secretary,
of each $1C
The committee managing the matter conof their stocks ($400,000 and $250,000, respect
105 East 22d St.
ively,) for $100 stock of the new company and $v50 new first sists of Herbert B. Turner, J. Kennedy Tod, Charles S. Fairmortgage bonds. This will require the is:^ue of $650,000 stock child, Charles F. Cox and Charles D. Kellogg, Ser:retary.
and .*1, 625. 000 first 4s. The circular to the stockholders of The plan includes
Land and building to cost $8C0,00O ;
the New Haven company says in substance:
stock to be sold, |40O,000 balance to be raised on mortgage,
:
;
$400,000.— V. 66, p. 475.
The United Illuminating Co., a corporation chartered by the General
Assembly of Connecticut, has made a proposition to purchase the
—
stock, property and franchises of the New Haven Electric Co., paying
for the >ame $1,000,< 00 in its first mortgage 40-\ear 4 per cent bonds
and $400,000 in its full-paid capital stock. This is equal to $250 In
bonds and $100 in stock for each share of stock of jour company.
Your directors are satisfied that in addition to the interest on its
bonds, the Illuminating Company will be able to pay dividends on its
stock as soon as the contemplated improvements and economies can
be put Into effect. For the purpose of carrying out this proposal. Jas
English and H. C. Warren as trustees will receive your stock in trust]
—
The New Haven Electric Light Co. paid 10 per cent the
past year, declaring its usual 8 per cent dividend and 2 per
cent extra— thus making 10 per cent for the year.— V. 69, p.
1198.
United Light & Power Co.—Incorpo7'ation. — This com
pany has been incorporated in West Virginia. The atithorized capital stock is $5,000,000. Incorporators L E. White,
of New York City; C. G. Blandv. of Newaik, Del.; W. E
Lockwood, Jr., P. A. Warne, T. F. Daly, all of Philadelphia,
Pa. Main tflfice, Philadelphia.
.
&
their advertisement in the State
As
Co. are offering for
City Department, Messrs. Brigga, Todd
sale the unsold balance of the Fort Wayne, Indiana, S}4 per
cent refunding bonds. Price and details can be had on application at their offices ia Cincinnati or New York.
will be seen
:
&
On page vi. will be found reports of condition Dec. 2 of
the City National Bank of Buffalo, N. Y., and the Chase
National of New York City. On pages vi. and vii. of last
week's issue were printed statements of other prominent
city and out-of-town banks.
—George C. White, Jr., has started to deal, on his own
account, in railroad and municipal bonds. His office is at 43j
Exchange Place. Mr. White was for eight years with N. W.
Harris & Co.
F. J. Lisman
Co, have just issued a revised edition ot[
their quotation sheet of unlisted and inactive steam railroad
bonds.
—
'
by
&
December
THE CHRONICLE.
16, 1899.]
1253
COTTON.
Friday Night, December
COMMERCIAL EPITOME.
Friday NiaHT, December 15, 1899.
The feature of the week has been the depression in financial circles, and this has had an unfavorable influence in the
speculative commercial markets, inasmuch as ib has forced
liquidation bj' Wall Street interests to some extent. In regdar trade channels, however, the weakness of the stock
market has had no pronounced effect, merchants generally
showing decided confidence in the business situation, anticipating a full revival of trade following the turn of the year.
At the close of the week the engagement of gold for exports
was a disturbing factor in speculative circles, although the
stringency of the money market was relieved to some extent
by the announcement by the Secretary of the Treasury that
the January interest on Government bonds would be anticipated. The news from the South African war has been an
important factor. The depression early in the week was
largely the result of serious British reverses while at the close
rumors of British successes had a favorable influence. The
currency debate in the Huuse of Representatives was opened
with the current week, and has been one of the principal
features of interest in home politics.
Lard on the spot has continued in fairly active demand,
and prices have further advanced, closing firm at 5'85c. for
prime Western and 5"35 a5*40c. for prime City. Refined lard
has been in fairly active export demand and higher, closing at
6 15c. for refined for the Continent. Speculation \a lard for
future delis'ery has been on a fairly extensive scale and
prices have advanced rather sharply on general buying for
investment account, stimulated by continued small receipts
of swine. The close was firm.
BAILY CLOSINO PRICES OF LA.RD FUTURES.
Mon. Tues.
Sat.
Wed. Thura.
Fri.
5-65
December.
5-65
5-65
577
570
5 85
Pork has had a fairly good sale and at higher prices, closing firm at $9 75@10 50 for old and new mess, $11 25@12 50
for short clear and |12 25@13 75 for family. Cut meats have
been quiet and slightly easier for pickled bellies, closing at
5^ (gGc. for pickled shoulders, 8}4@9^c. for pickled hams
and 5%@G}4c. for pickled bellies, 14@10 lbs. average. Beef
has been firm but quiet, closing at $11 00@12 00 for mess,
$12 00@13 0) for packet, $13 00@14 00 for family and $19 00®
20 00 for extra India mess in tcs. Tallow has further advanced, closing firm at 5c. Lard stearine has been quiet,
closing at GJgC. for prime City. Oleo-stearine has been firm
at 7J^c. Cotton-seed oil has been firm bufquiet. closing at
32@33c. for prime yellow. Butter has been in limited supply
and firm for desirable grades, closing at 22@27c. for
creamery. Cheese has had a fair sale for export and at full
values, closing at 10@13c. for State factory, full cream.
Fresh eggs have been in fairly active demand and firm, closing at 233^@24c. for choice Western.
Brazil grades of coffee have been quiet and prices have
5-75o.
5'8'o.
5-900.
Maroh
May
5-95o.
6-050.
July
Sept
6-150.
6-2io.
6-300.
June
610o. Oct
Raw sugars have been sparingly offered and prices have
held fairly firm at 4}^c. for centrifugals 9fi-deg. test, and
3 13- 16c. for Muscovado, 89-deg.
test.
Refined
sugar
has been in moderate demand; prices for softs have
shown some irregularity, but hards have been unchanged,
closing at 53^@5 3 16c. for granulated. Molasses and syrups
have been firmer. Other staple groceries have been steady.
Kentucky tobacco has had a fair sale and at firm prices.
Seed leaf tobacco has been less active, but values have been
well maintained. Sales for week 3,710 cases, including 1,354
Feb
cases 18ii8 crop, Wisconsin Havana, 9@13|>^c.; 150 cases 1897
crop, Wisconsin Havana, 93^@10J^c. 250 cases 189S crop,
State Havana, 11@ 19c. also 700 bales Havana at 55@90c.,
in bond, and 150 bales Sumatra at85c.@$l 45, in bond.
Straits tin has declined sharply, in response to weaker
advices from abroad. The close was steady at 25c. Ingot
copper has been quiet in the way of new business and prices
have weakened to 16-75(ai7-00c. for Lake. Lead has sold
slowly and prices have weakened slightly, closing at 4'65@
4 70c. for domestic. Spelter has been quiet and slightly
Pig iron has had
easier, closing at 4'75@4 80c. for domestic.
only a moderate demand locally, but prices have held steady,
closing at $19 50@24 00 for domestic.
Refined petroleum has been steady, closing at 9 -900. in
1899.
evening the total receipts have reached 228,573 bales,
against 249,525 bales last week and 322,999 bales the previous
week, making the total receipts since the 1st of Sept., 1899,
3,583,949 bales, against 5,141,042 bales for the same period of
1898, showing a decrease since Sept. 1, 1899, of 1,617,093 bales.
this
at—
Receipts
i^alveston
Tex. City,
Mon.
Sat.
Wed.
Tue$.
9,147 11,739 15,034
Thurt.
5,554 13,502
Fri.
Total.
62,833
5,379
63,845
9,024
5,049
36,699
5,541
6,494
7.139
7,511
5.534
8,857
5,379
8,506
1,185
6.049
4,480
546
546
Oharleston.
Pt. Royal, &c.
630
554
1,421
1,?15
602
1,148
5,620
Wilmington. .
Wash'ton.&c.
2,384
1,690
3,187
1,525
1,786
1,277
11,849
Norfolk....
1,707
2,226
3,775
2,959
1,125
293
650
1,368
625
<feo.
New Orleans.
12,713 11,J77 11,497 15,068
597 2,212 2,407 2,071
.
Mobile
Pensaoola, &c.
(iavannali
4.484
552
BruQ8w'k,&o.
.
N'p't
37
37
1,322
1,891
13,880
355
784
324
489
502
581
31
3,879
61
News, &o.
New York.
Boston
Baltimore
780
406
776
Phlladera, &o..
300
483
324
3.681
3.847
3.879
2,081
week 33,974 3S,157 46,028 38,207 28,597 43,610'228,573
Tot. this
The following shows the week's total receipts, the total since
and the stock to-night, compared with last year.
Saptil, 1899,
1899.
Bteeiptt to
Bee. 15.
Thi$
week.
1898.
Since Sep.
1, 1899.
Thit
week.
Stock.
Since Sep.
1, 1898.
1898.
1899.
62.833 1,152,397 112,744 1,555,252
22,375
3,264
42,889
896.372 94,309 1,168,343
Mobile
9,024 103,966
7,310 187,697
P'8aoola,&c.
50.358
5,049
111.280
5,408
aavannah... 36,699 584,998 35,387 745,178
Br'wlok,&o.
46.104
546
9,431
160,295
Charleston..
5,620 158,989 12 945 291,760
913
P.Royal,&o.
117
19.363
Wilmington. 11,849 189,036 10,347 255,741
Wash'n, &o.
37
592
47
1,007
Norfolk
13,880 200,705 30,099 386,665
324
649
N'portN.,&c
6,930
16,696
11,126
New York... 3,681
57,123
2,153
32,935 13,347 130.556
Boston
3,847
Baltimore .
45,762
485
10,530
3,S79
831
Plillaclel,&o.
20,288
17,667
2,081
Qalyeston...
Tex.C&o. 5,379
New Orleans 63,845
241.896
352,976
390.311
39,435
463,569
49,147
167,885
14,506
24,243
127,111
20,009
69,378
> m >«>
18,880
29,516
40,203
371
109,705
34 0)0
22.618
13,511
I
•«
87,936
1,500
89,943
28,000
16,222
6,863
228,573 3,523 943 338 873 5,141,042 1,128,205 1,331,534
Totals
In order that comparison may be made with other years,
we give below the totals at leading ports for six seasons.
weakened slightly under lower offers from Santos and
easier European advices. The close was quiet at G^^c. for
Rio No. 7. West India growths have continued in good Beeeipts at—
demand, and on limited offerings due to small stocks prices
have advanced, closing firm at lO^^c. for fair Cucuta. East aalyeB'n,&o.
India growths have been firm at unchanged prices. Specu- New Orleans
lation in the market for contracts has been quieter and Mobile
tinder selling by speculative holders and absence of new Savannah...
buyers prices have declined. Close was firmer in response Cbas'ton, &o.
to stronger European advices. The final asking prices were: Wllm'ton, Ac
Deo
Jan
15,
The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
1898.
68,212
116,008
94,309
7,310
35,387
13.062
10,391
30,099
1895.
1896.
1897.
1894.
News, Ac.
324
649
349
others...
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
wk. 228,573
338.573
389,275
327,175
222.783
Norfolk
N.
1899.
A.11
rot. this
63,'<45
9,024
36,699
5,620
11,886
13,880
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
34,997
85,105
111,216
14,321
30,149
20.870
14,481
24,291
18,402
40,363
359,693
Slnoe Sept. 1 3523 949 6141.042 4899,039 4426,516 3144,393 4823,391
The exports for the week ending this evening reaoh a total
of 149,42S bales, of whioh 54,341 were to Great Britain, 11,677
to France and 83,410 to the rest of the Continent. Below
are the exports for the week and since Sept. 1, 1899.
Wttk BndinQ Dec. 15.
Bxvorted to—
from—
Oreat
France
Brit'n.
;
Continent.
1889.
Wrom
Sevt.
1,
1899, to Dee. 15. 1809.
Bxporttd to—
lotal
er»at
Wuk.
Britain.
fi-anee
Oontinent.
2ota>.
;
bbls., 7"25c, in bulk and lie. in cases.' Naphtha unchanged
at 10 65c, Crude certificates have been neglected. Credit
balances have been unchanged at $1 6(>, Spirits turpentine
has been quiet but steady at 513;^@52c. Rosins have been in
good demand and higher, closing at <S1 60 for common and
good strained. Wool has been firm but quiet. Hops have
had a fair sale, but at prices favoring buyers.
29.316
QalreBton
Tex. City, &o..
New
10,818
4,821
3.342
Orleani.
Mobile
Pensaoola
0,886
18.476
4.311
14,300
6,524
1,000
47,791
4,611
84.304
11,316
1.912
SaTannah
Brunswick
. . .
Cfaarleston
Port Royal....
WUmlnirton...
Norfolk
N'port N., &c
.
New
York....
4,316
191
Total
Total, 1808
924
13,371
11.311
193.881
7,696
69.805
17.706
17.706
16.691
400
400
11.231
1,276
1.7T5
1.866
1.667
49.013
82.716
14.079
169.026
1.086
611
44,708
661
1,478
20.693
600
13,615
2.419
107.795
32,928
34,838
10.793
1C,793
••••••
44.623
41,623
810
174.780
15.907
>•••••
64.341
...
204,485
809.088
11,009
612.479
16,952
40.914
288.275
22,611
104.133
13.126
Boston
Baltimore....
Philadelphia.
San Pran., &c..
230,533
8,7d»
S.'ISO
1.276
100
342,714 235.841
2.240
227.189 110.806
33.578
22.892
6,611
63,850 30,641
15,015
34.683
104,963
1
1,677
83.410 149.428
876.273 898.510
l^^l 2.278.974
41.921 129,985 276,859 1,915,764 387,191 1,813.418 8.516,368
THE CHRONIC^LE.
1254
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
cleared, at the ports named.
add similar figures for
New York, which are prepared for our special use by Messrs.
Lambert Barrows. Produce Exchange Building.
— Phe
Futures.
iH
&
lowest and closing prices of
in the following table.
highest,
New York are shown
Futures at
We
[Vol. LXIX.
g
C-(
^
Maboh—
Range
AUGUST-
OOTOBEB—
Range
Closing....
Closing....
Range
ClosingRange
Closing....
Range
Closing....
Closing. Range
Range
Sbptembbb
.
Leavini
6reat
Ooattwise.
Otiutr
Britain. France. Foreiorti
New Orleans...
Galveston
Savannah
Charleston
Mobile
Norfolk
New York
12.905
23,085
H.OOO
None.
5,000
3,000
300
Other ports
10,000
5.638
17,357
None.
None.
None.
None.
100
None.
None.
1.^,000
1,000
1,000
5,000
11,500
1,200
22,000
8,000
None.
None.
12,000
62,290
348,581
162,941
152,885
23,248
34.435
28,703
108,505
92,522
27,205
176,385
951.820
66,820 101,634 78.361
31,465 133,795 28,413
431,121
314,728
900,413
830,761
23,195
63,795
<i^
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1
the part of bear operators to depress prices in the absence of
a demand from outsiders. The break in the stock market
caused some liquidation for Wall Street account, and this,
together with the reverses suffered by the British in the
South African War, also has had an unfavorable influence.
Despite, however, these developments, values have not
yielded; in fact, forthe spring and summer months they show
slight advances. The mainstay of the situation has been the
continued small movement of the crop, receipts for the
week showing a moderate falling cff from last week and
were far below those for the same week of last year. Advices from the South have reported holders of actual cotton
showing no anxiety to sell, they believing in the situation,
and have held firm for full quoted values, and this, too, has
had its influence in favor of the market. Foreign buyers
have continued their policy of procrastination, and the trade
generally are of the opinion that the future course of prices
depends wholly on whether foreign spinners will be forced
to enter the market as buyers at present prices or whether
the South will weaken from its present position and meet the
demand at lower values. To-day there was a quiet market.
Early in the day prices advanced a few points in response to
stronger foreign advices and on the small crop movement.
Subsequently, however, owing to the slowness of speculation
and liquidation, particularly in the near by deliveries, there
developed a slightly easier tone. The close was steady, with
prices unchanged to 1 point lower for the near-by deliveries,
1 point higher for the spring and summer months and unchanged to 1 point lower for the next-crop deliveries. Cotton on the spot has been quiet and unchanged at 7 11- 16c. for
middling uplands.
On the basis of the rates on and off middling as established
by the Revision Committee, the prices for a few of the
grades would be as follows:
Sat.
mon Tae8
Good Ordinary.
618
liOw Middling..
Middling
Oood Middling.
Middling Fair..,
7H
668
714
Tiiie
8
8
658
7I4
7II16
8
87, e
8'7ig
87|p
GULF.
Sat.
Good Ordinary.
Low
,
Mon Taes
7>«
Tioie
Middling
7ifl
Middling.,
Middling Fair..
8H1.
7I61,
STAINED.
Sat.
8i.i»>
FrI.
658
7I4
Ti»ie
7H
658
7I4
8
8
8
87,fl
87,6
87ie
678
!!^i6
8»4
811,6
8I4
Good
Tit.
6B8
8ii«
raon Tues
678
7»9
71516
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The Visible supply of Cotton to-nigbt, as made up by
cable and telegraph, is as follows. Continental stocks, as well
as those for Great Britain and the afloat, are this week's returns, and consequently all European figures are brought down
But to make the total the complete
to Thursday evening.
figures for to-night (Dec. 15), we add the item of exports from
the United States, including in it the exports of Friday only.
1896.
1897.
1898.
1899.
726,000 856.000
Stock at Liverpool
bales. 725,000 1,158,000
9,000
5,000
5,000
Stock at London
2,000
Total Great Britain stock . 7 27,000 1 1 63,000 731,000 865,000
17,000
8,000
13,000
Stock at Hamburg
16,000
Stock at Bremen
201,000 279,000 233,000 170,000
6,000
3,000
1,000
Stock at Amsterdam
2,000
iOO
300
200
Stock at Rotterdam
300
9,000
8,000
7,000
Stock at Antwerp
5,000
221,000 187,000 184,000 157,000
Stock at Havre
5,000
4,000
4,000
4,000
Stock at Marseilles
48,000
51,000
30,000
Stock at Barcelona
69,000
24,000
16,000
39,000
Stock at Genoa
44,000
15,000
4,000
10,000
Stock at Trieste
5,000
Total Continental stocks
567.300 570,200 511.300 451,200
Tetal European stocks.
1,294,300 1,733,200 1,242,300 1,316,200
43,000
12,000
21,000
India cotton afloat for Europe
6,000
Amer. cotton afloat for E'rope. 434,000 908,000 902,000 679,000
68,000
68,000
53,000
81.000
Egypt, BrazU,&c.,aflt.f or E^pe
Stock in United States ports.. 1,128,205 1,331,534 1,145,489 1,309,266
StockinU. 8. interior towns.. 817,391 718,080 639,324 575,781
75.329
74,592
42,017
84,048
United States exports to-day.
Total visible supply
3,822,913 4,848,8t>2 4,033,705 4,066,576
Of the above, totals of American and other descriptions are as follows:
,
678
7ifl
71616
Sk
811,6
M©
a
05,
01
"Wed Tb. Frl.
678
7I3
678
Middling..
W^ed
®
@
05
to to
•
t
1
•O05
OD
Speculation in cotton for future delivery has been quiet, a
UPLANDS.
:
1
narrow market being experienced for the week, prices show,
ing no decided change. The outside interest shown in the
market has been small, and there has been some attempt on
•
*
1
Total 1898. . 184,306
Total 1897... 121,055
M»
'.
',
05»
to
Total 1899...
•
:
41.730
78,955
Mone.
I
«
17,322
500
800
1
Mtock.
883
22,304
21.191
7,000
None.
None.
Dbcembeb-
.
Total.
Closing.Range
5*1
£» £*
5*
7'
?*
7^
ON SHIPBOABD, NOT OLBABBD FOB—
Dec. \5 at
Januabt—
Closing...
Februabt-
NOVBMBBB-
8iii«
Frl.
.
Low Middling...
Middling
Btriot Middling
Gtood Middling Tinged.,
,
,
60 16
7h
7H
77,6
7lil6
77,6
7li,«
65,6
7I4
77l«
7ii„
65.6
66,8
7H
7H
77l6
711,6
77,6
711,6
7>4
77,6
7liifl
for middling upland at New York on
Dec. 15 for each of the past 32 years have been as follows.
1883. ...0.107,6 1875.. .,0.136,6
1899. ...c. 711,6 1891. ...0. 8
I4i«
938
1038
1898
513,6 1890
1882
1874
578
leifl
1897
1889
1873
ll-'s
lOha 1881
979
1178
1896
1880
1872
73,6
1888
19'e
1258
1979
1895.
1887
1871
89,6
10»,6
1879
15
1894
1870
5\
1886
1878
9's
S'e
25i«
9»
1893
8
1869
1885
1877
^16
117i6
1892
1218
2514
918,6 1884
10 1^16 1876
1868
Note.—On Oct. 1, 1874, grades of cotton as quoted were changed.
AAoordlngto the new olassifloatlon Middling was on that day quoted
>ec. lower than Middling of the old olassifloatlon.
The quotations
MARKET AND
Spot Mabkbt
CL08BD.
SALES.
Futures
Market
Closed.
Sales of Spot
&
Contbaoi
Ex-
Oon-
Con-
port.
lump.
tract.
.
Total.
Ameriean—
Liverpool stock
bales. 629,000 1,059.000
Continental stocks
536,000 522,000
Ajnerican afloat for Europe... 454,000 908,000
United States stock
1,128,205 1,331,534
United States interior stocks. 817,391 718.080
84,048
42,017
United States exports to-day..
Total American
3,60t),613 4,622,662
Eatt Indian, Brazil, <tc.—
99,000
Liverpool stock
96,000
5,000
2,000
Londonstock
48,200
Continental stocks
31,300
21,000
6,000
India afloat for Europe
81.000
53,000
BgTPt, BrazU, Ac, afloat
Total East India, Ac
216,300 226,V00
3,606,613 4,622,662
Total American
Total risible supply
3,822,913 4,848,^62
.3»«d.
_.438d.
Middling Upland, Liverpool..
7»i]60.
Middling Upland, New York..
613, flO.
7d.
Skd.
Egypt Good Brown, Liverpool
6%d.
738d.
Peruv. Rough Good, Liverpool
436d.
36, 6d.
Broach Fine, Liverpool
3iied.
Tlnnevelly Good, Lfveri)OOl.
43i6d.
.
Batnrday Hteady
Firm
Monday... Quiet A steady. Quiet <k St' dy
Taesday
Quiet & steady. Steady
285
.
....
Wednesday Quiet
B'rlv steady.
Tlmrsday. Quiet
Friday
Steady
Quiet Ast'dy
TotaL...
"ib
• •
Steady
....
1,145,489
639,324
74,592
3,862,405
722,000
371,000
679,000
1,309,266
575,781
73,329
3,732,376
134,000
9,000
80,200
43,000
68,000
334,200
3,352.405 3,732,376
106,000
5,000
40,300
12,000
68,000
231,300
i
4,083,705 4,066,5 6
SS-^d.
4iied
578C.
4iad.
638d.
3l4d.
3'i6d.
73, eo.
5ii,6a.
6Bi«id.
41 32^-
4»«d.
The imports into Continental ports the past week have
been 110,000 bales.
The above figures indicate a decrease in the cotton ia
•
to-night of 1,025,949 bales as compared with the same
sight
344
344
date of 1898, a loss of 260,793 bales foom the corresponding
709 1.200 1,909 date of 1897 and a decline of 243 663 bales from 1896.
400
. .
285
800
400
620,000
471,000
902,000
•
80
Dbcbmbbr
THE CHRONICLE.
16, 1899.]
1455
—
Quotations for Middlino Cotton at Other Markets.
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
Week ending
Bee. 15
OLOSIMO QUOTATIOMS FOB MIDDLING COTTON
Satur.
Galveston. .
New Orleans
Mobile
Savannah...
Charleston..
Wilmington.
Norfolk
Boston..
Baltimore .
Philadelphia
Augusta
Memphis...
a
Louis...
Houston....
Cincinnati
8t.
»0<ItOM
to
«> WOa'co
<-''o>
P*'*'W^JOMp
p O QcVl ©'wJ Oslo © 00 fVj.^a (OwV CO ©o'b' M« OS
topf'M f^fS''^
JO
<j1c QO
03M^©a>Ki«lf^)f>.CO-' t;^©OI-'croit0K)p*».C;iO01©Jtj^<10;MC0W
Louisville.
COWtO©W^0 05t-'Orf^Oi-'t'<0:Ou'taOW«-^»J<lt=tOO©OOi-'
to
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M
f
-'
ll^
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ifc
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w
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to
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o
a* to
OI
cw^-ato
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CAiOiJ'©
I
©1^ ©MO©
The
•JMM
M to
M
Ml^tO
to
p^popwMi^QO if'Wccc;»M<i*»'«qaoi^W'-'
WW; to^oi'wooVilkODtsVV'O'O'tsW^iVibDtooi
coos; ^^JOii^.^ «- '•©oDOar tew— ©0(0© woo*
©0« MODlI'MC W©tO-J»>©W'»-00'f'--^00 — CClf>-
O"^;
snow that the interior stocks have inweek 12,372 bales, and are to-night 99,311
same period last year. The receipts at all
towns have been 78,965 bales less than same week last year.
Overland Movement for the Week and Since Sept. 1.—
We give below a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
Dec. 15 and since Sept. 1 in the last two years are as follows.
aT)ove totals
1898.
Since
Sept.
1.
Week.
Since
Sept.
1.
Shipped—
Viadt. Loals......
.............
VlaOalro
Via Padnoah
Via Koob Island................
VlaLoulsvUle....
Via Olnoinnatl
Via other rontes, Ac... .......
39,611
7,993
418
800
4 912
457.324 57,526
19,440
120.26
896
6,397
2.326
7,294
5.9i7
101.547
5,687
14,859
74.111
93,174
435.913
171.207
6,098
5,212
7,948
31,689
54,446
47.811
84,233
Total groaa overland.... .....
Oeduct Mhipmenti—
Overland to ». Y., Boaton, *o.
Between Interior towns
Inland, <Sco., from Boatb
74,280
860.110 97,424
813,247
13,488
1,761
1,262
110.161
27,177
45,347
16,816
1,140
215,876
9,730
19,402
Total to be deducted.... .....
16.511
182.685
18,804
245,C08
Leavlngtotal net overland*.. 57,769
Inolndlns movement by rail to Canada.
677,42.^
78,620
568,239
*
848
The foregoing shows that the week's net overland movement
this year has been 57,769 bales, against 78,620 bales for the
week in 1898, and that for the season to date the aggregate net
overland exhibits an excess over a year ago of 109,186 bales.
1898.
1899.
In Sight and Spinner$'
Takings.
Receipts at ports to Dec. 15
Week.
Since
Sept.
1.
Week.
Since
Sept.
1.
228.573 3,523,949 338.873 5,141,042
677.425 78,620 5e8 '?39
433,000 26,000 400,000
67,7o9
Net overland to Dec 15
Southerii consumption to Deo. 15 29,000
Little
Columbus, Qa.
7
Montgomery...
Columbus.Mlss
Eufaula
ZI18
738
769
712
714
ZL»«
7I4
7I4
7'4
738
71116
71116
Z'Jl«
7»1,6
74
Zi!'6
738
738
738
75,6
759
758
at other
7%
V>
738
738
738
l>
7«^
758
important
Rook
7 is
7
Nashville
Natchez
7^
73,«
6'^8
738
The temperature
is
Galveston, Texas,— li has rained on three days of the week,
the precipitation being two inches and fifty-two hundredths.
The thermometer has ranged from 38 to 68, averaging 63.
Abilene, Texas. Tbere has been rain on one day during
the week, the precipitation reaching thirty-four hundredths
of an inch. Freezing weather this week. Average thermometer 45, highest 64 and lowest 26.
Cm-pus Christi, Texas.— There baa been rain on three days
during the week, the precipitation reaching sixty-six hundredths of an inch. The thermometer has averaged .55, the
highest being 74 and the lowest 36.
ranging from 16 to
San Antonio,
creased during the
bales more than at
Week.
7B16
7i 6
7ia
44,
o
•
•
1899.
738
738
We
M
Beeember 15.
v>
738
738
738
7T,6
738
759
71a
738
73, a
7>4
Palestine, Texas.—
have had a hard freeze. It has
rained on two days during the week, to the extent of one
inch and eight hundredths. The thermometer has averaged
•^©©©l^ki;^^©t^oJx«ao«»tOMtOMo. (-"©vios*".*
OOM tocno-4Ci9tocn©ai('i^tooaoaoMt9M©a©totoo
OG «^
77ifl
738
758
753
714
714
714
738
7II16
7II16
PH.
—
tf>-
©
M©
736
738
77ie
738
758
7*8
7%
the precipitation has been rather heavy.
lower as the week closes.
©lOMrf'
VJJO
7Bi6
739
7316
7I4
7I4
7I4
738
71116
71116
7I4
7I4
7I4
7I4
738
7II16
7II16
715.6
798
738
Thura.
Raleigh
7%
Shreveport
6iiie
Weather Reports by Telegraph.— Our advices this
evening] by 'telegraph indicate that rain has been quite general at the South during the week, and that at some points
to'j'tj'aia.'co-ao wqdVos
c;MOt035H-A©- O©i0'^O^QDC0iJk©<:^©.cac^^i©t0*.O:*»>-'
OOW<ODWMW£M©ao^COQ0^1Wl(^OSOOMi('©WU<WC;<WOWif-l^
;
Z^8
738
Atlanta
Charlotte
Athens
OD
MO
;J
Wednea.
75,6
ON—
Southern markets were as follows.
cowmV o'^
QOO©<lbO®0>Wp-'-^ODr-'l-i&00 ©to COCCltki-'tOiliC it^©*Wl->0
«^os^5toc to^-*towto»jtoos(»©©©f-h-w^ei3c><tar»ii^coos©
»-
Tues.
The closing quotations to-day (Friday)
r-MHiM»-©a'os<yto*'WM w^-rf^os^K^toosMonoi-"
*>X>— QO-fe-O'MQO'-'tOOtOtitOOOlf-OOC-. ©tv'a>0Dt0O<l©O©M
i^co#>.a
738
714
7'4
714
7>4
738
711,8
711,6
M<m.
72.
—
Texas. There has been rain on one day during the week, to the extent of six hundredths of an inch.
The thermometer has ranged from 30 to 76, averaging 53.
New Orleans, Louisiana.— It has rained on four days of
the week, the rainfall reaching one inch and twenty-five
hundredths.
Average thermometer
60.
Shreveport, Louisiana— Taere has been rain on four days
during the past week, the precipitation reaching two inches
thirty-six hundredths. The thermometer has averaged
the highest being 72 and the lowest 37.
Columbus, Mississippi.— There has been rain on three days
during the week, to the extent of five inches and twentythree hundredths. The thermometer has averaged 51, ranging from 24 to 74.
Vicksburg, Mississippi.— Wid have had rain on four days
during the week. The rainfall reached six inches and eightytwo hundredths. The thermometer has ranged from 29 to
and
55,
73,
averaging
55.
Oreenmlle, Mississippi.—The weather is cold and clear
after the heavy rainfall of the early part of the week.
Little Rock, Arkansas.-We have had rain on three days of
the week, the rainfall being three inches and five hundredths.
The thermometer has averaged 48, the highest being 65 and
the lowest 31.
Helena, ^rfcarwa*.— There has been rain on three days during the week, the precipitation being two inches and twentytwo hundredths. Picking is about over. The thermometer
has averaged
48*4, ranging from 21 to 65.
Memphis, Tennessee. There has been rain on four days of
the week, to the extent of one inch and sLx'.y-eight hundredths and the weather is now clear and cold. Average
thermometer 48-6, highest 63-1, lowest 30 '6,
Nashville, Tennessee.— The week's rainfall has been eight
hundredths of an inch. The thermometer has averaged 35,
the highest being 44 and the lowest 25.
Mobile, Al'ibama.— There has been rain on three days daring the week, the precipitation being three inches and
twenty-seven hundredths. The thermometer has averaged
58, ranging from 43 to 74.
Montgomery, Alabama.— Rain has fallen on two days of
the week, totne extent of one inch and ninety-six hundredths.
It is turning colder rapidly. Thermometer ranged from 31 to
—
averaging 52.
Selma, Alabama. We have had rain on four days of the
315,312 4.634,374 443,493 6,109.281 past week, to the extent of two inches and sixty-four hunTotal marketed
12,372 574,208
8,441
613,961 dredths. Average thermometer
Interior stocks In excess.
..
60, highest 74, lowest 30.
Madison, Floriaa.—R&in has fallen on three days of the
451,934
Came Into sight during week. 327,714
6,723.242 week, to the extent of one inch and thirty five hundredths.
Total in sight Dec. 16
6,208,582
Thermometer has ranged from 39 to 73. averaging 58.
North'n spinners tak'gs to Dec 15 93,883 1.149.918 121.311 975,358
Savannah, Georgia.— We have had rain on three days durIn 1897 the week's movement into sight was 488,335 bales ing the week, to the extent of eighty-two hundredths of an
in 1896 reached 391,257 bales; in 1895 was 317,838 bales, and inch. The thermometer has averaged 58, the highest being
in 1894 was 494,869 bales. The totals since Sept. 1 in the same 70 and the lowest 41.
years were 6,414,067 bales in 1897; 5,633,013 bales in 1896;
Augusta, Georgia. Rain has fallen on three days of the
4,501,315 bales in 1895 and 6,413,790 bales in 1894.
past week, the rainfall reaching thirty-eight hundredths of
72,
—
—
THE CHRONICLE.
1256
The thermometer has averaged
an inch.
ranging from
53,
30 to 69.
Charleston, South Carolina.— There has been rain on two
days during the week, to the extent of twenty-eight hundredths of an inch. The thermometer has ranged from 43 to
70,
averaging
58.
—
Stateburg, South Carolina. It has rained on two days of
the week, the precipitation reaching sixts'- seven hundredths
Weather now mild. Average thermometer 56 "S,
of an inch.
highest 70 and lowest 33.
Oreenwood, South Carolina.
have had rain on three
days during the week, to the extent of one inch and seven
hundredths of an inch. The thermometer has averaged 46
the highest being 57 and the lowest 36.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o'clock December 14, 1899. and December 15, 1898.
—We
,
New Orleans
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
MemphiB
Nashville
Shreveport
Vloksburg
— We
Sea Island Cotton Movement.
have received this
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The
receipts for the week ending to-night (Dec. 15) and since
Sept. 1, 1899, the stocks to-night, and the same items for the
corresponding periods of 1898, are as follows.
1899.
Receipts to Dec. 15
Savannah ......
Charleston,
Florida, &o
Total
Bombay
Savannah.
4,849
63.137
3,823
45.362 28,598 29,238
Sept. 1.
203,000 25,000
Great
Fr'nce
Brit'n.
<£c.
Great
Total. Bril'n.
.
Charl't'n.&c
Florida, &c.
1,334
1,334
11,452
1,795
47
"47 '"59
1,334
47
1,381 13,306
85
690
775 5,517
New
York..
Boston
Since
Week.
Sept. 1.
249.000 51,000
41,000
892
37,683 24,653 22,383
4.007 2,760 3,559
3,672 1,185 3,296
4'!5
—
Total
Sept. 1.
2,446
North'n MillB^
Sept. 1, 1899.
Fr'nce
_
,
Since
Week. SepUl.
,
150 9,838
176
226
681 7,139
2,390 13,842
1,795
1,987
2',64e
Bait., <&o
1897.
Since
Week.
50,213
5,678
7,246
The exports for the week ending this evening reach a total
of 1,381 bales, of which 1,334. bales were to Great Britain, 47
to France and
to Bremen, and the amount forwarded to
Northern mills has been 1,007 bales. Below are the exports
for the week and since September 1 in 1899 and 1898.
from—
1898.
Since
Week.
1898.
643
788
3,418
.
Week Ending Dec. 15 Since
—
Beeeiptg at-
..
Slock.
This
Since
This
Since
week. Sept. 1. week. Sept. 1. 1899.
......
&o
1898.
Exports
India Uotton Movement from all Ports. The receipts
of cotton at Bombay and the shipments from all India ports
for the week ending Dec. 14, anci for the season fiom Sept. 1
to Dec. 14 for three years have been as follows:
1899.
[Vol. LXIX.
83,000
Total 1898.
4,377 17,683
1,007 17,203
3,652
2,252 14,309
9,169
Quotations Dec. 15 at Savannah, for Georgias, extra fine^
\%%c.; choice, 1434^0.; fancy, 15c.
Charleston, Caroliuas, meaium fine, 18c. fine, 19 to 20c.
;
fully fine.
21^
to 33o.
Agbicultdral Department's Cotton Report for December 1,— The report on cotton issued by the Agricultural
Department on December 11 is as follows
:
partment of Agriculture reports 8,900,000'
bains as the probable cotton production of »he United States for 18991900. This estimate Is based on a larger number of both general and
special reports than has ever before been received by the Department
While weather conditions during
lu connection with a cotton crop.
the past thirty days have been mainly favorable to whatever pickiog
to
be
done,
so
that
the
general
condition of the crop is
remained
slightly better than one month ago, continued investigations leave absolutely no doubt that the crop is even smaller than was indicated in
The
Statistician of the D.
either of the Statistician's previous reports.
The estimated productive area, in thousands of acres,
47
Virginia
North Carolina
South Carolina
Texas
Arkansas
3,288 Tennessee
149 Oklahoma
2,'i\2
Florida
Alabama
2,883
2,784
Mississippi
Alexandria, Egypt,
December 13.
Receipts (oantars*) . .
Tbis week...........
Since Sept. 1
1897.
1898.
1899.
260,000
320,000
3,586,000
ThU
Since
week.
Sept. 1.
300.000
3,384,000
3,0:^9,000
Since
This
week.
Sept. 1.
Thit
week.
Since
Sept. 1.
23.000 180.000 12,000 122,000 8,000 141,000
16,000 163,000 14,000 121,000 16,000 131,000
To Liverpool
To C!ontinentt
Total Europe
Mississippi
pounds.
Virffinia
.
..
North Carolina
South Carolina
Georgia
from Manchester states that the market is
yams and shirtings. Manufacturers are working
at fair profit. We give the prices for to-day below &nn Florida
leave those for previous weeks of this and last year for Alabama
to-nij?ht
for both
comparison.
.
...
Mississinni
8H
lbs. Shirt-
32» Cop. ings,
Twist.
Louisiana
1898.
1899.
Gott'n
common Mid. 328
Uplds
to finest.
8I4 lbs. Shirt- Oott'n
Oop. ings,
Twist.
common Mid.
Uplds
to finest.
Texas .......
Arkansas
Tennessee
Oklahoma
Nv.lO 7
" 17
7
®7>«
7
»7ifi
'd>7^
" 24
Dec. 1
" 8
" 15
7
7
^7^
7
"97^
23,522
is
as follows:
23&
185
193
166
185
225
\9b'
AgricuU'l Depart' s Estimates of Indicated crop.
Slates,
cable
steady
d.
77
the basis of the Department's figures of acreage and
yield per acre, as given above, the indicated yield in pounds
for each State would be as below.
39,000 313,000 26,000 243,000 24 000 272,000
MANoaESTER MARKET, — Our report received by
a7i«
Indian Territory
Missouri
94 Oklahoma
176 Indian Territory
209 Missouri,
Florida.
t Of which to America In 1899, 22,167 bales; In 1898, 12,804 bales;
In 1897, 16,406 bales.
d.
816
199
299
Total
This is 5*9 per cent less than last year.
The estimated yield, in pounds of lint cotton per acre,
120 Louisiana
Virginia
193 Texas
North Carolina
165 Arkansas
South Carolina
159 Tennessee
Georgia
Alabama
:
On
Exports (bales)—
A oautar la 98
as follows
1,179
6,642
1,726
1,220
Georgia
Alexandria Receipts and Shipments of Cotton.—
is
Louisiana
8.
d.
8.
d.
d.
7i«
713
43,,.
d.
d.
8.
d.
4]0Vaa7
711J
438
558
96^
4
1
d.
8.
59ifl aesg 4 0ifl«6
4S,2
4 o^|®^
4 10>aa7
4 10»9a>7 7»fl 4732 568 ®63S 4 1 ®6
4 10»aa7 71a 41I32 588 ®638 4 1 ®6
4 10»a«7 7^ 41132 559 'a>6^ 4 1 ®6
4 10i«3>7
'96
712
8
3132
8»3
9
9
9
Indian Ter
Missouri
...
Totals
3B32
313
Hester Secretary and Superintendent for his thirtieth consecutive term. Mr. R. H. Lea, who has held the position of
Assistant Superintendent for a numbar of years, was continued in that position. The following standing committees
to serve during the ensuing year w^re also appointed: Supervision— C. H. Minge, Chairman; H. R. Labouisse, E Bornemann, A. Lionnet. S. P. Walmsley. Finance Maurice
Stern, Chairman; H. C. Ludlow and Edw. Sevilla.
—
Yield per acre.
47,000
1,220,000
2,212,000
3,288,000
149,000
2,8S3,000
2,784,000
1,179,000
6,642,000
1,726,000
816,000
199,000
299,000
78,000
120
193
165
159
94
176
209
238
185
193
166
185
225
195
5.610.0CO
235.460,000
364,980,000
522,792,000
14,006,000
507,408,000
581,856,000
280,602,000
1.228,770,000
333,118,000
135,456,000
36,815,000
67,275,000
15,210,000
23,522,000
184
4,329,388,000
.
For the season of 1898-9 the average net weight per bale
was 493 lbs., and applying that figure to the foregoing total
Orleans Cotton Exchange. — At a meeting held on in pounds we
Wednesday, December 6, the new board o^ directors of the Thus far this
New Orleans Cotton Exchange re-elected Mr. Henry G. only about 489
New
Pounds.
Acreage.
an indicated crop of 8,781,700 bales.
season, however, the average net weight is
lbs.; up^n which basis the above aggregate
would give a yield of 8,853,554 bales.
England Mill Situation.— Farther notices of a tenper-ceot increase in wages have been given the past week by
number of the mills in Fall River
mills in New England.
will shortly begin running overtime, the intention being to
carry on operations from 6 to 10 o'clock each night and on
Saturday afternoon. This action is necessary, it is said, on
account of the rush of orders.
reacti
New
A
December
THE CHRONICLE.
16, 1899,]
European Cotton Consumption to December 1.— By
we have Mr. Ellison's cotton figures brought
down to December 1. We give also revised totals for last
cable to-day
year that comparison may be made. The spinners
in actual bales and pounds have been as follows:
October 1
to
December
Oontinent.
Qreat Britain.
1.
takings
Total.
Por 1899.
Takings by spinners... bales
Average weight of bales.lbs
TaJdngs in noands
..
575,000
650.000
512
501
294,400.000
327,600,000
1,225.000
607-7
622,000,000
1257
TotcU bales.
Sabine Pass-To Rotterdam— Dec. 11— Steamer Adoto. 4,398.
Texas City. &c.— To Mexico, per railroad. 213
Mobile—To Liverpool— De-. 9— Steamer Mobile, 4,821
To Bremen-Dec. 9— Steamer Lobelia. 6.524
PBN8ACOLA— To Liverpool— Deo. 11— Steamer Alicia, 3,342
To Dunkirk— Deo. 12— Steamer Romola. 1.60J
Ohableston- To Mancherter— Dec. 9—Steamer Qladestry,
3,012 upland and 1,3?4 Sea Island
To Bremen— Deo. 9— Steamer Priaoipessa Christiana. 8.780
Wilmington—To Bremen-Dee. 9— Steamer Baron Inuerdale,
12.3b7
4,398
213
4.821
6,524
3,342
1,600
4,346
8.780
12.367
5,339
To Ghent— Deo. 8— Steamer Skuld. 5,339
Norfolk—To Amsterdam —Deo. 13— Steamer Barbara, 400.
Newport News- To Livernool— Dec. 9—Steamer Shenandoah,
400
.
1,275
.'.
1,275
Baltimore— To Liverpool— Dec. 6— Steamer Vedamore, 924..
i<24
To Hamburg— Dec. 7— Steamer Adria, 5 6..
536
Takings by spinners... bales
624,000
1,226,000
602,000
To Rotterdam -Deo. 7—Steamer Queen Wilhelmina, 18
18
493-7 Portland, Me.— To St. Johns, N. B. — Dec. 4— Steamer St.
Average weight of bales.lbs
490
497
Croix,
51.
...Dec.
Steamer
11—
St.
Croix,
102
153
Takings in pounds
299,407 000 305,853,000 605,260,000
San Fkancisco -To Japan— Dec. 13— Steamer Cr>ptic. 950
950
According to the above the average weight of the deliver e^ San Diego. Cal.— To Japan -Deo. 9 -Steamer Belgian King,
3,556
3,556
in Great Britain is 312 pounds per bale this season, against
Tacoma—
To Janan— Dec. 7— Steamer Breoonshire, 2,350
during
497 pounds
the same time last season. The Contineu' ai
Deo. 13— Steamer Energia, 3.784
6.134
deliveries average 501 pounds, against 490 pounds last year,
Total.
149,428
and for the whole of Europe the deliveries average 507-7
pounds per bale, against 493'7 pounds last season.
Oi^r
The particulars of the foregoing shipments, arranged in
dispatch also gives the full movement for this year and latt our usual form, are as follows.
year in bales of 500 pounds.
Cfreal fYeneh Ger- ^Oth.STrope-^ Mexico,
For 1898.
Brit'n.
1899.
Oet.l to Bee. 1,
Bales of 500 lbs. each,
Qreat
000a omitted.
Britain.
Continent,
Spinners' stock Ootl
Takings in October.
63,
258,
473,
316,
Total supply
Oonsnmp. Oct., 4 wks.
321.
276,
789
Spinners' stock Nov.
376,
45,
Takings in November.
331,
339,
Total supply
Consomp. Nov., 4 wks.
376,
276,
752,
376,
Spinners' stock Dec.
100
376.
1
Great
Oonti-
Britain.
nent.
Total.
533
273,
441,
238,
329,
276,
679,
364,
56,
574,
1,110
652,
413
1
New York.
1898.
458,
670,
53,
325,
316,
1,128.
378,
276,
688.
364,
102.
324.
652,
476
;
373
Total
497,
511,
100
N. Orleans. 10,218
Jalveston. 29,315
Sab. Pass..
ports.
many. North. South.
50
191 1,296
9,886
100
11,010
1,050 13,050
7,466
4,398
Tex.C.&o
640,
363,
698,
1,066,
640
423
The comparison with last year is made more striking by
bringing together the above totals and adding the average
weekly consumption up to this time for the two years.
Total.
1,657
34,304
47,791
4,398
213
Mobile
Pensaooia.
Charleston
Wllmlngt'n
213
6,524
4,821
3,342
4,346
11,345
4,942
13,126
17,706
1,600
8.780
5,339
Norfolk.
N'p'i News
Baltimore.
. .
1,008,
^k Japan.
20
1.275
924
Portl'd. Me
"^an Fran..
536
400
400
"is
1,275
1.478
153
153
?50
950
6,134
3.556
6,134
San Diego.
Faooma....
386 10,640 149,428
Total.... 54,341 11.677 40,613 18.721 13,050
To Japan since Sept. 1 shipments have been 1,050 bales
from New York, 15,695 bales from Q-alveston, 8,971 bales
from New Orleans and 43,742 bales from Pacific Coast. To
Ciiina, 3,799 bales from New York, &c.
Cotton freights at New York the past week have been
a9 follows.
Oct. 1 to
Dec.
Bales of 500 lbs. each,
000s omitted.
Great
Britain
Spinners' stock Oct.l.
Takings to Dec.
1898.
1899.
1.
Continent.
473
63,
1
589,
655,
652,
1,128.
Great
Britain
Total.
536,
1,244.
56
598
......
Sanolv
Consumpt'n, 8 weeks
552
752,
1.780
1.304
654
552
Spinners' stock Dec.
100,
376,
476
102
1
Weekly Consumption
00s omitted.
In October
In November
Conti
nent.
441
611
1,052.
728.
324
Tola
497,
1,209,
1.706,
1,280,
426,
94,0
163,0
94.1'
163.
i
69,0
69.0
91,0
91.0
160,0
160,0
—The
following on the cotton
crop of E^ypt, dated Alexandria, Nov. 25, has been furnlBhed to us by Mr. Fr, Jac. Andres of Boston:
Reports from the interior confirm fears felt for next season's water
supply, and in many districts planters have already ditticulty iu vroourlDg the needful Irrigation. Cultivation for next seabon, 19001901, is estimated to be curtailed 60 per cent by reduced "irrigation."
Jute Botts, Bagging, &c.-— The market for jute bagging
has been without animation the past week, but quotations
are unchanged at 5J^@55^c. for l^lbs. and 5%@6i^c. for 2
Jute butts continue very dull, but
lbs., standard grades.
firm.
Prices are nominally unchanged at l"05o. for paper
quality and l%c. for mixing to arrive.
Shipping News. As shown on a previous page, the
exports of cotton from the United States the past week have
reached 149,428 bales. The shipments in detail, as made up
from mail and telegraphic returns, are as follows:
—
New York— To Hull, per steamer
Total bale'.
100
Ohio. 100.
To Havre, per steamers La Gascogne,
144; Thornley,
47
191
i
To Bremen, per steamers Trave, 250; Wlllehad, 1.046
To Antwerp, per steamer Briti.sh Empire, 50
To Bombav, per steamer Orwell, 20
Nbw OBLBAN8— To Lilverpool— Dcc. 9— Steamer Bernard Hall,
4,118
To Manchester— Dec. 15— Steamer Shandon, 4,550
To Belfast— Dec. 13-8teamer Glenarm Head. 1,550
To Havre— Dec. 15— Steamftrs Imaum, 6,43J>; Imperial
1,296
50
20
9,886
Prlnc«». 3,451
iro
To Hamburg— Deo. 9 -Steamer Cam, 100
35t)
To Rotterdam—Dec. 13— Steamer Enldwen, 350
?( q
To Antwerp— Deo. 14— Steamer Imhisla. 700
10 10i>
To Barcelona— Deo. 15— Steamer Noviembre, 1^,100
ii.OOO
To Pasages— Deo. 14— Steamer Orinon, 2,00^>
5()0
To Ferrol— Dec. 14— Steamer Orinon, 500
450
To Corunna— Deo. 14— Steamer Orinon. 450
&AI.VK8TON— To Liverpool -Dec. 11— Steamers Comino, 5,379
Deo. 14— Steamers Astronomer,
Mareotip, 3,400
21,760
6,918; Dunstan, 6,063
Ti)
Mau Chester— Dec. 11— Steamer Ramon
7,555
de Lirrinaga,
To Bremen— Dec. 9—Steamer Tmasrra. ll.oiO
To Rotterdam— Deo. 11 — Steamer L^vlaia Westoll, 408
To Antwerp— Dec. 12— Steamer Knare^boro, 3,123
Deo. 13— Steamer Richmond Castle, 3.933
403
7,058
964
9fl4
»f4
9«4
964
964
35*
35
35*
35*
35*
36
30
30
30
45
45
45
40
40
35
30
30
30
45
45
45
40
40
35
30
30
30
45
45
45
40
40
e.
e.
Rotterdam
e.
Reval, V. Hamb..e.
Do
Do
V. Hnll...c.
V. Copen..c.
c.
Trieste, direct... c.
Antwerp
35*
35*
35
30
30
30
45
45
45
40
40
35
30
30
30
45
45
45
40
40
^32
^32
Quotations are cents per 100
* And 5 per cent.
Wednes. Thurs.
30
30
30
45
45
45
40
40
i«
d.
Qhent,v.Antw'p.d.
lbs.
Fri.
»e
ifl
>e
°.32
'32
Ha
or fractions of a penny per
lb.
—
Liverpool. By cable from Liverpool we have the follov
ing statement of the week's sales, stocks &o., at that pott.
Nov. 24.
Sales of the
week
bales.
exporters took...
speculators took.
Of which
Of which
Sales American
Actual export
Forwarded
Total stock— Estimated
Of which American— Est'd.
Total import of the week
Of which American.
Amount
afloat
Of which American
63,000
3.100
1,500
57,000
11,000
79.000
796.000
703,000
142,000
123,000
120,000
120.000
Dec. 1.
Dec.
73,00C
4,600
4,100
64,000
10,000
72,000
781,000
694,000
67,000
60,000
140,000
140,000
8.
69,000
2.000
1,000
59.000
11.000
87,000
749 000
659.000
66,000
38,000
138.000
138,000
Dee. 15
62,000
2.000
1.000
53.000
14,000
81,000
725,000
629,000
71,000
44,000
150,000
150,000
The tone of the Liverpool market for spots and futur(«
oach day of the week ending Dec. 15 and the daily clos:ng
prices of spot cotton,
Market,
1:45 P. M.
have been as follows.
Monday. Tuesday. Wed'day. Thursd'y Friday.
Sat'day.
Fair
basineas
doing.
Quiet.
Moderate Quiet and Moderate
demand.
arm.
demaad.
Mid. Upl'ds,
4*32
Sales
Spec, (feezp.
7,000
10.000
8,000
500
500
500
45,6
411^3
4"33
10.000
1,000
12 000
1,000
Fair
demand.
43s
10,000
1,000
Futures.
Market
et,
I
1:46 P M.J
.
Market,
4
7.555
11,010
Tucs.
Hamburg. Dec.c.
Amsterdam
e.
Spot.
4,118
4,550
1,550
Mon.
Deed.
Havre, Deo
Bremen, Deo
Qenoa
69,0
69.0
Egyptian Cotton Crop.
Sea Island
Clverpool,
Satur.
p.
H.
Quiet at Steady at
3-64 ad2-tt4devance.
oline.
Steady
Steady.
'
Quiet.
Steady.
Quiet.
The prices of futures at Liverpool
at
steady at Steady at
advance.
:;-64
Quiet but
steady.
for
dine.
Quiet.
partially
l-ft*
ady.
Steady.
each day are given
Low Middling
Prices are on the basis of Uplands,
clause, unless otherwise stated.
below.
1-61 de-
THE CHRONICLE
1258
|@r The pricM are given in pence and QAAKt.
3 63-64d.. and 4 01 mean* 4 I-64d
1
Sat.
Dec. 8 to
Dee. 15.
April- May..
May-June.
June-Jnly..
July- Aug...
Aug.-Sept...
Sept -Oct ...
Oct.-Nov....
raon.
Tnes.
Tbars.
ured.
Frl.
12>t 1 jl: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
d.
d.
December...
Dec.-Jan
Jan.-Feb
Feb.-Moh. ..
Mch.-AprU..
1
3 63 meurt
Thus:
d.
d.
d.
d.
d.
d.
d
d.
d.
411 4 10 4 10 4 10 4 124 12 4 12 4 12 4 13 4 14
0T4 09 4 0'- 4 08 4 08 4 10 4 10 4 10 4 10 4 11 4 12
4 09 4 09
4 07 4
4 06 4 05 4 07
4 03 4 04 4 05
40i 4 02 4 04
4 01 4 01 4 03
4 00 3 6-4 01
3 62 363401
3 6'2 3 61 3 63
3 58 3 59 3 60
3 51 3 52 3 53
4
4
4
4
4
4
07
05
03
02
01
00
3 63
3 60
3 53
4 07 4
4 05 4
40 4
4 02 4
401 4
4 00 3
3 6< 3
3 60 3
3 53 3
Ob
04
03
02
00
4
4
4
4
4
63 4
62 4
59 3
53 3
08
06
0i
03
02
01
00
61
55
4 On 4
4 06 4
4 05 4
4 03 4
4 02 4
4 01 4
4 00 4
3 81 3
3 55 3
08 4 08
6 4 06
05 4 05
04 4 03
03 4 02
01 toi
00 4 00
til 6 tl
54 3 54
(
4 10
4 08
4 06
4 05
4 04
4 10
4 09
4 07
4 05
4 04
4 01 4 02
3 61 3 62
3 54 3 55
Friday,
15, 1899.
Only a limited volume of business has been transacted in
the market for wheat flour, as the demand from the home
trade have continued of a hand-to-mouth character, and exporters have done practically nothing, their price limits
being too low. The better grades of spring patents have received the major stiare of the demand experienced, and
values have held to a steady basis. Offerings of winter
wheat flour has continued limited, and values have been
well maintained. City mills have had a fair jobbing sale at
steady prices. Rye flour has been in light supply and firm;
demand has been moderate. Buckwheat flour has been quiet
but steady. Corn meal has been steady at unchanged prices;
quiet.
Speculation in wheat for future delivery has been quiet
and for the week prices show only a fractional change, with
the undertone of the market steady. Early in the week
there was a slight weakening in values under moderate selling by recent buyers to realize profits, prompted by an unexpected increase in the visible supply, the depression in finanWeather conditions
cial circles and easier foreign advices.
and crop news from the winter-wheat belt were more favorable, and this, too, had an infliuence against values. Wednesday, however, tne market again turned steadier, in response
to stronger foreign advices, largely the result of unfavorable
weather conditions in Argentina, although British reverses
in South Africa also had a strengthening influence, as did
also advices from the interior reporting a continued small
movement of the crop. Thursday there was an easier market during early 'Change, in response to weaker foreign adSubsequently, however, on limited buying, largely by
vices.
shorts to cover contracts, stimulated by the continued light
crop movement, prices more than recovered the decline.
Business in the spot market has been less active, as exporters
have been only limited buyers; prices have held fairly steady.
To-day there was a dull and slightly easier market. The
spot market was moderately active; sales for export here and
at outports were 192,000 bushels. On the "curb" subsequent to the receipt of the Bureau report prices declined,
selling
down to
743^@74i.^c.
NEW TORK.
DAILY CLOSISG PRICES OF NO. 2 BED WIKTEK IN
Wed.
Tues.
Mon.
Sat.
IjV^
li''Q
74
74^
Cash wheat f. o. b
Deo. delivery in elev
Mch. delivery in elev....
May
delivery in elev
July delivery in elev.
..
72^8
72i8
75''8
75
75k
74ia
75^2
—
72i8
7478
7438
7458
July delivery in elev.-..
6^\
Q9^
Frt.
74ifl
7438
7258
7538
74'8
72 \
72»fl
751a
JSJ*
743^
—
CHICAGO.
DAILY CLOSINQ PRICKS OF NO. 2 8PRIMO IN
Wed.
Tues.
Mon.
8at.
6512
66
651^
Dec. delivery In elev.... 66»a
69i8
69»«
69
69^8
May delivery in elev
70Se
Tkuri.
70J4
75
Thurs.
es^s
69Ji
7038
75^
FH.
69 1«
70i«
Indian corn futures have been quiet. During the first half
of the week there was a fractioaal decline in prices under
realizing sales by longs, the depression in fioancial circles
Wednesday, however,
having an unfavorable influence.
there developed a steadier tone, with shorts buying to cover
contracts. Advices from the interior reported comparatively
light country offerings, and receipts were only moderate,
with no indications of a material increase in the near future.
Thursday prices advanced %c. on reports of a good cash
trade and a small movement of the crop. To-day there was
a quiet and slightly easier market. The spot market was
steady with a moderate export demand; sales for export here
and at outports were 350,000 bushels.
TOKK.
DAILY CLOSING PRICKS OF NO. 2 MIXED CORN IN
FYi.
Wed. Thurs.
Mon. Tues.
8at.
4058
40^4
40^9
JOSg
4088
40H
Cash corn, f. o. b
3t^58
NEW
Deo. delivery in elev....
May delivery in elev
39^
Deo. delivery in elev....
Moh. delivery in elev...
May delivery in elev
30^8
3878
38''8
3k%
39
SSSg
3858
38^
39^
b938
39i,
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN CHICAGO.
lYi.
Wed. Thurs.
Mon. Tues.
8at.
3038
30>s
SOJa
3114
31
2238
i>eo. delivery in elev....
May
22^4
223e
2238
2238
221*
24
24
241^
24
24ie
24
Rye has had ouly a small sale, but prices hive held fairly
steady. Barley has baen sparingly offered and held for
slightly better values. Buckwheat flour has been quiet and
delivery in elev
unchanged.
Following aie the closing quotations:
Fine
Superfine
Extra, No. 2
Extra, No. 1
(Wheat
FLOOR.
00 'a>2 45
Patent, winter
$3 70 0)3
2 25 @2 60
City mills, patent.. 4 00 '34
2 30 '©2 80
Ryeflour.supertlne 3 10 ®3
2 50 ®2 90
Buckwheat flour.. 2 00 @2
2 85 -am 35
Corn meal3 b5 @3 5,'>
Western etc
2 00 -2(2
3 75 @4 40
Brandy wine
2 SO ®2
sacks sells at prices below those for barrels.)
,.$2
Clears
Straights
Patent, spring
BREADSTUFFS. Dec.
May
DAILY CLOSING PRICES OF OATS IN NEW^ YORK.
Sat.
Mon.
Thurs.
Tues.
Wed.
Fri.
No, 2 mixed in elev
2912
2912
29»3
V9^ 29H
2Q^
No. 2 white in elev
30
30
30
30
31
31
DAILY CLOSING PRICES OF NO. 2 MIXED OATS IN CHICAGO.
Sat.
Mon. Tues.
Thurs.
Wed.
Fri.
40' 4 03
*••
demand has been
[Vol. LXIX.
,
flour in
GRAIN.
Corn, per bush.—
o.
Wheat, per bush.—
c.
HardDuluth.No.l 7918® 80'8
N'th'nDululh.No.l 7758®"938
Red winter. No. 2. 7258*7458
H'd Manitoba No.l 78'8®805s
Oats— Mix'd.p.bush. 28'a®3iji3
White
bO ®34
29i4a30i4
No. 2 mixed
25
35
o.
3838®41i4,
Western mixed
No. 2 mixed
Western yellow
Western white
38'8®41i4
40 ®41%
39%®41i«
Rye, per bush—
56 ®61
56 @60
44 ®54
41 ®45
Western
State and Jersey
Barley—Western
®32
31
No. 2 white
o.
90
40
55
35
Feedinfic
Exports of Breadstupfs, Provisions, cotton A^D
P TROLEOM. — The exports of these articles during the monih
of November, and the eleven months, for the past three
years have oeen as follows:
i
1899.
mxvortt
from o.
S.
November. 11 Months November. 11 Months November.
Quantities.
fVheat.bnsh.
Floor... bbls
Wheat..
1897.
1898.
Months
9.411,SU 101,946.088 16.449.862 188.487,683 16,332.671 96,761,350
16,973,2i3
1.781,898 14,615,682
bu. 17.3V'8,808 178,385,191
24,4«o,40fi 194,257.742
Oorn... bush.
It
1,774,99 >
11.674,607
1.247,431
81,916.110 148.297,087
13,637.57t 169,893,948-
19,840,114 185,882.650 16,197,836 185,'.!84,34
Tot.bnsh.
36.738.917 364.157,841
39,666,238 379,642.082 36,483,686 318,191,035
Values.
I
<
13,102,753 189,867,782
$
t
19,102,44( 179,460 626
t
<
20,772,45P 136,202,091
76.657.916
6,994,674 70,223,836
4,600,108 54,296,439
026.789
4.862,070-
Wh't& flour.
Oorn&meal.
7.922.771
aye
Oati&meal.
3,068.0 8
41,81<
723.390
Barley
1.636,3(6
Br'ditnffs....
13.699,776
7,085,fl3
83.42fl.0'0 24'^,269,053
Provisions*. H, 768,076 179,276,794
Ootton
Petrol'm.&o.
Tot valne
696,4
8.307.604
IP
973.96
17.07'»,416
2.157 974
12.869,697
233.a0i
8,069,660
6C 6,217
0,450,197
26.900.686 277,138,041 88,763,647 M4,180.4CO
15,801,324 178,476.f65 13,767.610 160.364,619
26,386.61f 165.124,006 39.407,642 192,529,'; 3f 85,414,644 176,242,839
4,496,v6< 48,366,791
6,4t)2,618 59.366,4S7
4.964.731 54,192,253
71,067.240 644.026.341
86,40.'\.702 6fl6 5n0,2flf
I
82.900.43
1'
4.880,141
montbsand years.
WoTK.— All ttie above Ugures are based on the monthly prellmlnaT7
retarnsissued by the Bureau of StatistioB, and cover about 98 per cent
of the total exports.
The movement of breadstuffs to market as indicated in the'
statements below is prepared bv us from the figures collected by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending Dec. 9,
and since Aug. 1, for each of the last three years, have been:
*lncludiag cattle and hoes In
ieetivt*
en—
Ihloacro
tf.llwaQkee
.
all
Wheat.
noxtr.
Oats.
1?,037
1,114,84^
)alntta
8.756
1.908.080
Toledo
13.830
oetrolt
3,400
84.317
29.789
117,106
itlnneapolli.
Oleveland...
St. Ixtnls
Oorn.
Barley.
—
'eorla
101,971
8<!.60«
91800
2I0.30(
287,90<
46.000
8,795 654
4,270,294
4,146.026
1,466.9''3
89,421.113 78.968,888
21.'?79 19S
4,507.201
8,691 9Hl
9,829,016
4.31i>,06l
wk.'97.
S(n«« Aut. 1.
251,1(j9
6,600,010
4,665,484
18»7
45.000
68,5S0
387,200
9.160
310.497
3i7.696
1899
•898
80,t91
199,209
77.489
5.860
Tot.wk.'99.
wk.'98.
Same
Same
3,219
146.630
440,686
94,115
854,927
378,486
89.836
Kansas City.
7.929," 18 114,0bl,?4'
80,140
30.000
5.S6»
S4.50
3.000
1,157.338
9.0,620
Slontreal
86,664
363,506
197.622
3,833,314
22,'56,973 5.639,233
20,791. 2ff 0,18.'?,'*42
The receipts of flour and grain at the seaboard
week ended Dae. 9, 1899, follow
Beettpts at—
-Sew York
6.821
7,660
6,000
3.989
86134
6,719,561 155.491,757 80.451,3115 71.928,579
4,44«,48 132,963,0(3 10-.' ,696.533 83,fl4f.,974
the
Philadelphia
*»
Bbl$.W»lbi Bu«h.60U» BtMh.60l2» Bu*h.S2lbs Btuh.iSlh Bu.6or
163.152
740.033
1,082.002
1.807.425
608 475
19,93£
92,875
274 400
298.800
62,060
309 40(
36,000
ports for
:
Hour,
tVneat,
bush.
5-6,600
S88 497
18.400
103.709
bbU.
...
...
18P 674
26 '.'i8
...
...
10.951
76,169
Oorn,
hitsh.
746.976
8^3.419
603.808
60 914 1.868.677
10.000
20 400
6H,4'-0
Oatf,
bush.
714 000
15 '.tea
5.000
118,061
97,«8a
Barlev
bush.
338.600
86,388
7.900
BVS,
bush.
24 376
10.663
800
'3.69i
8,760
9,910
lrt.-60
1.402
3.462
Rlohmond
3114
30%
31^
30^
33i8
668.9d8
381^6
10^,200
Vew Orleans*.... ... 11,7H4
3278
3338
3258
32%
46.H95
IS.oUO
282 867
Newport News... ..
102,M67
»
87.406
..
Norfolk
Oatfc for future delivery at the Western market have beer
"700
298,104
368.100
Galveston
"3,390
dull and prices have barely changed. Early in the week "ortland. Me
"6.4f6
43.306
86.684
223,678
.V.
" 6,545
l.SOO
there was a slightly easier tone in sympathy with the decline Pensaoola
26,346
Mobile
in other grains. Subsequently, however, on small offerings St.John.N. B....
87.300
i29,796
8,280
and
undertone,
better
a
developed
there
and a limited crop
8SB,fi68
i^efl'>.*'oa
93,1.37
793
702
4.205,337
Total week... ... 407,679 1
328,830
what slight loss there was in prices was recovered. Busi- Week 1898
574,')79 5,370,640 4,845,663 l,148,90.'->
88,0H5
...
• Receipts do not Include sraiu paisiiiit tHruofD t«e« Orleans tor loielBil
ness in the local spot market has been limited, as neither the
home trade nor exporters have been extensive buyers. Prices port.si on throueb btlU of ladtns.
Total receipts at ports from Jan. 1 to Dec. 9 compare as
To-day there was a quiet but steady
have held steady.
31
32^8
30%
•
market.
follows for four years
:
I
December
THE CHRONICLE.
16. 1899. J
RtceivU of—
inM7
21.499.353
IfSMK.
nonr
Wheat
bbli. 20,663,662
20.483,368
l)BSh.lll.218.0'>9
Oom
"
Oats
Barley
"
Bye
180.471525
"
89.214,679
l8.2io.Kii
6,550.830
"
409.6f 2.685
"
Total grain...
11,711,749
89.024,191
9i>.376,207
.5,752,211
14,454.214
12.458 021
11.157.642
66.057 520
P3,385.2e3
70.470.917
12.H23.728
6.914.323
434.152.255
393,981.623
848,161,751
132.322,P80
101,.'582.812
192,5- 8,659
178,606.9
a
several seaboard ports for the week
1899, are shown in the annexed statement
Rye,
Peat, Barley.
Wheat.
Corn
Flour,
Oats,
The exports from the
ending Dec.
784,026
17.\670
Boston
Portland, Me. 2i;8.672
Philadelphia.. lOO.OoO
Baltimore
New
Orleans..
bbU.
bush.
843,086
144.737
99.712
33,342
5,481
29,551
126.598
14.036
27.406
46.995
10,603
89.138
26,904
85,524
931.031
889.348
lO.'.SS?
2!J2,857
Newp'rtNewi
Montreal
196
245.786
39.891
65,200
GaWeston
Pensacola
M
bxish.
'/74,022
134.933
24,820
Norfolk
John.N.B.
1,
Week
BxvoTts for
&
C.
West
America.
below
Total.
Total 18JP...
week and
WlMat.
Week
Dec.
.
Since Sevt.
9.
1.
1889.
bush.
biksh.
2J7.2S9
398.726
449.928
4.5?9.493
5,087,357
,
97.531
282.6H9
3,380
1-.919
15.200
5.74S
146.279
33,904
1.678,908 31,900.756
4.386.757 49 399,125
bush.
126.HH2
3l\908
242.28T
485,290
3,246.7fl4 59.069.448
4 288.8(0 45.493.781
at—
bush.
New York
Do
Boston
4.082,ono
268,000
868.000
386.000
470.000
afloat.
Philadelphia
Baltimore
New Orleanst
bush.
5 2.000
1
By*.
Barley,
buth.
225.000
hush
60,000
i78,o'uiJ
19.00*6
1,175.000
1,1SO,000
202,000
179,000
6'-6,000
823.000
Galveston
Montreal
Toronto
1.171,000
46.000
1.028,000
Bnflalo
2.729.000
Do
Oat«.
bush.
789.000
82,UU0
6:<.000
683.000
117.000
'
223.000
4.000
925.000
13.066
J6 00C
178,cb0
1.461,000
Suoor
afloat
933.'66b
6d7!66b
"8.066
764.000
186,000
220.0(0
16.000
102.000
15.054.000
2.335ioO'>
i.oes.boo
S56.000
67.00C
174.000
2.000
"2.000
19.000
1.000
69,000
186.000
844.000
'68 000
70,000
47W.00O
641.066
22,00'6
181.000
32.000
'
Toledo
i.eio.ooo
afloat
Do
Do afloat
OhioajTO...
Do
afloat
....
Detroit
—
Milwaukee
Do
1 94,000
afloat.
.
Ft.Wlll'in&Pt. Arthur 1,822.000
5.944."0i
Dnluth
DO
Minneapolis
12,76 t.uOb
2.V86,000
at Louis
Do
48,0C0
afloat
—
afloat
7.0(0
8,026.000
57.000
407.000
87.000
149,000
71.000
'
2,775,000
S89'.0id6
627,000
P, 1899. 66,292.000
Total Dec.
Total Dec. 2, 18k«t» f 5.'. 78 000
Total Dec 10. 189J-* 26.738,000
Total Dea 11,189^* b4, 741, 000
Total Dec. 12, 189t* 64,-^81,000
11.244.000
11.712.000
17.847,000
77.000
6.1H5,000
6.361,000
14,361,000
11,859,000
Kansas City
Peoria
Indianapolis
On Mississippi River
On Lakes
On canal and river
'22,060
11,000
'
643.000
17,000
8>,66Vi
4.000
465,004
40,6»l.ii00
17,461,000
1.844.000
1.863.1.00
1.228,000
8.681.000
2.682.000
New
York, Friday, P. M., December 15. 1899.
There have been few new features introdnced into the
dry good situation during the past week. The general deall divisions,
so far as cotton and woolen go )ds are concerned,
fuller than either supplies ready for quick delivery or of the
quantities offered for forward contracts. Reports from the
manufacturing centres of New England iadicate that production is being interfered with to some extent by low water
supplies and continued shortage of labor in some quarters.
This further tends to keep the market in a stringent condition with regard to stocks and to increase the number of
still,
complaints coming forward over backward deliveries on
existing contracts. The jobbing trade is quieter than of late,
but is still good enough to absorb large quantities of meichandise without apparent increase in the stocks in second hands.
The general tendency of the market continues upwards. At
the cloee there are apprehensions in some quarters that the
disturbed condition of the money market may affect the
course of dry goods, but up to thejpresent time there are no
signs of actual interference.
Woolen Goods.— In some quarters a good business is reported to have been done in men's- wear woolens in new
heavy-weights[for next fall at prices showing advances of 10
to 15 per cent over last season, but the majority of sellers
have not yet come into the market with their lines and the
actual price situation can hardly yet be determined. In
heavy weights for quick consumption the market is bare of
stocks in most directions, and in light weights for spring
there are few sellers who are not comfortably situated, and
for both the tone of the market is strong. Overcoatings
54
581
58
223
8 072
51,902
14,812
1,602
;
45
i
'
3.474
2,324
299 608
5,798
323,755
24,147
been numerous advances in the price of
during the week. In bleached, leading
makes in tine medium and low grades have advanced y^c.
to J^c. per yard in face of a quiet demand for all grades.
Wide sheetings are 7i^ to 10 per cent higher in several makes,
cottons
and some lines are off the market entirt-ly. In heavy brown
sheetings and drills the foreign demand continues inactive,
and home trade is quiet, but the tendency of prices is still
upwards, and advances of %c. occasionally noted. Fouryard and finer goods also against buyers. Dacks and Osnaburgs very firm. Cotton flannels and blankets strong.
Denims have further advanced i<^e. in leading makes, an(i
advances of ^c, are also noted in prominent lines of plaids,
ticks, cheviots and other coarse colored cottons.
Kid-finished cambrics 3^^c. higher. In fancy prints buyers are paying the new prices named last week with a fair degree of
freedom. Staple prints are selling well, and higher prices
are expected shortly. Fine printed fabrics strong. Ginghams are scarce in staple and dress styles of all qualities.
Fine-woven pitteroed goo(3s advanced 7% per cent. There
has been no change in regular print cloths f>om SJ^c. and no
bosiness ther«-at. Odd goods have sold in fair quantities.
—
Foreign Dry Goods There has been a quiet market
throughout in foreign merchandise. Dress goods and silks
are firm in price; ribbons occasionally 5 per cent dearer.
Linens in light demand but still scarce and against buyers.
Burjaps firm with moderate sales.
Importatious and Warefioiitte WitlidrawalM of Dry Goods
B
u
THE DRY GOODS TRADE.
"867
395.474
24,509
16,369
419,983
Eiu:iana mill oolnts direct.
977
147,509
10,456
32,966
10,b94
15,116
4 302
have
There
staple
6.493,0f
;
has again been of moderate proportions in
233,134
3,(96
48.199
14,539
28,711
3,102
The value of the New York exports for the year to date
has been $14,615,875 in 1899 against |10,684,844 In 1898.
©
Bxclnslve of New Orleans, Galveston, Ft. William and Port Arthnr, bat
Includinir Albany, Oswego and Cincinnati, now omitted.
+ Last week's stock this week not received.
Note.— BeelnninK July 1. 1899, the New York Produce Kxchange has changed
Its Visib'e Supply Statement by incluaing stocks at New Orleans. Galveston
Ft. William and Pt. Arthur (previously omitted) aud leaving out Albany
Osweeo and Cincinnati, formerly included.
but
Total
Prom New
35
9
949
4,52S
10,P12
42,247
7,525
Since Jan. 1
TVeefc.
1.
1,934
Total
16,369
China, via Vancouver*...
3.008.(00
8.010. 00
4.fO2.0t0
4.^89,0<0
•
mand
Great Britain
45
Other European. ............
25
China
ll,6i9
India
2
Arabia
Africa
89
West Indies.................
583
Mexico
90
^
Central America....
461
South America.............. 3,095
340
Other Countries............
R
e.f
1898.
Week. Since Jan.
since
:
Oom,
1899.
YO'RK TO DKf! 11
N'R'W
60,3tl6
1.U5.6P5 26,111279
a.C8S865 3l.77H.801
40'^.746
91,«S-5
Wheat,
store
:
Corn.
Week Since Seri.
9
Dec.
1, lt99
bitsh.
l.lfO.S39 18.623,821
45a,686 13,226.311
4,845
3,024,433
649.804
66.246
150.333
17.143
158,411
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, Dec. 9, 1899, was as follows
In
tending upwards with moderate demand.
Domestic Cotton Goods, —The exports of cotton goods
from this port for the week ending Dec. 11 were 16,369
packages, valued at |617,711, their destination being to the
points specified in the tables below
:
.
34.566
28.646
3.88^
5.266
Br.N.Am.Colo'i
Other conntrlea
8.273
589.721
215,547
bbls.
bbl».
Indies
13.5C0
398.726
449.928
Sinee Sevt.
1,18P9
Dec. 9.
Onlted Kingdom 269.6(8
67,324
Continent
a.
4.310
27.300
-Flour.yietk and tine*
Stvt. 1 to—
lOiJ.'OO
of these exports for the
1899, is as
14.6d8
43.308
bush.
217.516
58,733
8.8»0
240014
3,286
1S9.796
The destination
biish,
1.482
Total week.. I.e76,pr8 3 246,-94
8anietlme'98 4.365.757 4.'<.8s.370
September
hush.
17.143
1,300
6.546
26.346
oblle
at-
also are strong and well sold in most directions. Basiuess
in cloakiogs continues quiet, this division being peculiarly
affected by the mild weather so far. Flannels and blankets
9,
Bxvort$ from— hunh.
New York
1269
A
^
sct
>-».—
Si
o
0',
m
•
r
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05 09 at
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1
THE CHRONICLE
]260
[Vol. LXIX.
Multnomah County, Oregon.— Warrant Coll.- Ralph W.
Hoyt, County Treasurer, has called for payment county warrants, classes B and C, drawn upon the road fund, that were
presented and indorsed " Not paid for want of funds " from
TERMS OF SUBSCRIPTION.
Oct. 15, 1898, to Nov. 30, 1898, both dates inclusive. Interest
on these warrants ceased on Dec. 4, 1^99.
The Investors' Supplement will be furnished without
Nebraska. Warrant Call.— State Treasurer John B. Me
extra charge to every annual subscriber of the Commercial serve has called for payment Dec. 16, 1899, $34,000 general
AND Financial Chronicle.
fund warrants Nos. 52,130 to 52,450, inclusive.
The State and City Supplement will also be furnished
Richland Township, Rooks County, Kan.— Bond Call.
without extra charge to every subscriber of the Chronicle,
Fred. Mann, Township Treasurer, has called for payment
The Street Railway Supplement will likewise be fur- Jan. 1, 1900, at the State fiscal agency in New York City, six
nished without extra charge to every subscriber of the $1,000 bonds, issued June 1, 1889, in aid of the Lincoln & ColChronicle.
orado Railroad.
The Quotation Supplement, issued monthly, will also be
furnished without extra charge to every subscriber of the
iT/^m
m^
^tfr^mwtm.
OiTY
—
Bond Proposals and Negotiations
Chronicle.
TERMS
Chronicle with the four Supplements
above named are Ten Dollars per year within the United week have been as follows
States and Twelve Dollars in Europe, which in both cases
Augusta, Ky. Bond Sale.— This
for the
this
:
city on Dec. 8, 1899. sold
an issue of $3,000 5% street-improvement bonds to F. M.
Fulkerson of Augusta at 101 '666. Securities are in denomi-
includes postage.
Terms
of Adyertlsing— (Per Inch Space.)
Transient matter (earhtime)$4 20 Tliree Months (13 times).. $29 00
Six Months
STANDING BUSINESS CARDS.
(26 times).. 50 00
Two Months (8 times)
$22 00 Twelve Months (52 times). 87 00
nation of $500.
—
Baltimore, Md.— Bond Offering. Proposals will be received until 12 M. Dec. 27, 1899, by Thomas Q. Hay^s, Mayor,
as Chairman of the Finance Committee, for $1,< 00,000 3^%
bonds, as follows
$125,000 3}4% bonds of what is known as the $4,000,000 1945
loan, authorized Oct. 5, 1894, for parks, water supply and
for the new court house.
Bonds will be dated Sept. 1, 1899,
Michigan. Special Session of State Legislature.— Qov
Pingree has issued a call for an extra session of the State
Legislature to convene Dec. 18, 1899, for the purpose of considering " the submission of an amendment or amendments and will mature March 1, 1945. Interest will be payable
to the Constitution which will permit the enactment of March 1 and September 1.
laws which will provide for the equal taxation of all prop$875,000 stock known as " 1950 refunding W. M. RR. loan."
erty by the assessment of the same at its cash value, and This loan was authorized on March 9, 1899, and will be dated
such other matters as shall be submitted by special message." Jan. 1, 1900, Interest will be payable January 1 and .luly 1.
Oregon. Electicn to Vote on Amendments to the btate
The city does not tax the above bonds and the State tax is
Constitution.— T T. Geer, Governor, has given notice that at paid by the city.
the general election to be held on June 4, 1900, several amendBarre, Yt. Loan Authorized.— The Council has authorments to the State Constitution will be submitted to a vote ized a loan of $12,000 to meet expenditures on school build.
of the people. The only amendment that will interest bond
dealers is that abrogating Section 10 of Article XI. of the
present Constitution and placing in lieu thtreof the follow-
ing
:
Article XI., Section '0.— No county, city, town, school district or other municipal corporation shall be allowed to become indebted in any manner or for
any purpose to an amount. Including present exibtinc indebtedness, in the aggregate exc ediug 6 per centum on the value of the taxable propeity tlierein,
to be ascertained by the last assessment for State and county taxes previous
to the iucurriog of such indebtedness.
—
Santa Cruz, Cai. Bond Issue Invalid. On Dec. 5, 1899,
the United States Circuit Court of Appeals handed down a
decision declaring invalid the entire issue of |360,000 refunding bonds, dated April 16, 1894. The history of this case is
an interesting one. It appears that in 1&94 the city determined to refund its indebtedness of |360.0(;0, including a
mortgage of |89,f 00 against the water-works acquired by
purchase from the City Water Company. The bonds were
sold to a New York bouse, which agreed to take up the old
bonds and forward them to the city from time to time. The
New York firm sold the new bonds to various parties but
went into liquidation before any of the old bonds had been
redeemed. As the city did not receive any value for the refunding bonds, payment of either principal or interest was
refused and litigation followed. On Sept. 28, 1898, the United
States Circuit Court held the bonds invalid as between the
city of Santa Cruz and purchasers of the bonds having notice
of the facts constituting their invalidity, but also held that
the city was estopped by recitals contained in the bonds, from
denying their validity in the case of innocent purchasers for
value.
Upon this ground the Court rendered judgment
against the city for the amount of principal and interest due
upon such bonds as were purchased upon the faith of recitals
contained therein and without notice or knowledge of their
invalidity. The United States Circuit Court|of Appeals, however, declares that there was a flaw in the bonds themselves,
the issue having included the refunding of the mortgage
bonds of the water-works, which, the Court holds, could not
be legally refunded, and that the purchasers should have investigated the ordinances and notice of election, which recited
the facts, before purchasing.
Bond Calls and Redemptions.
Allegheny County, Pa.— Bond CaW.—The Sinking Fund
Commissioners have called for payment Jan. 1, 1900, at the
the County Comptroller, the following compromise
bonds, issued Jan. 1, 1S63, and maturing Jan. 1, 1913
Nos.
598, 602, 605 to 608 and 611 to 629, all numbers inclusive.
office of
:
—
Fort Scott, Kan. Bond Call. C. W. Qoodlander, Mayor,
has called for payment Jan. 1, 19C0, at the State fiscal agency
in New York City, bonds issued July 1, 1887, in aid of the
St. Louis Fort Scott & Wichita Railroad.
Howard Co., Mo. Bond Call. This county has called for
payment Feb. 1, 1900, the last of the bonds now outstanding
—
issued in aid of railroads.
Lorain, Ohio.— Bond Call.—Q. A. Resek, City Clerk, has
payment Jan. 2, I90f), at the Chase National Bank,
New York City, water-works bonds Nos. 101 to 130, inclusive, issued Aug. 2, 1889.
Bonds are in denomination of $500.
called for
Missouri.— i^ond Call.- The State Board of Fund Commissioners has called for payment Dec. 30, 1899, at the American
Exchange National Bank of New York City, $800,000 bonds
of this State.
ings.
—
Baton Rouge, La. Bond Offering. Proposals will be received until 4 p. M. January 20, 1900, by Robert A. Hart,
Mayor, for $135,000 4% coupon permanent improvement
bonds. Securities will be in denomination of $l,t)O0, dated
July 1. 1899; interest will be payable semiannually at the
Trust Company, New York City.
United States Mortgage
Principal will mature July 1, 1939, subject to call in instalments of not legs than one-thirtieth of said issue annually,
beginning July 1, 1909. Bonds to be so redeemed to be
chosen by lot. All bids must be accompanied by a certified
check on a national bank for two per cent of the amount bid
for, payable to the order of the City Treasurer, and must be
upon blanks prepared by the Mayor, which will be furnished
upon application. The bonds will be certified as to genuineness by the United States Mortgage & Trust C^., and their
legality has been approved by E. D. Siunders, Esq of New
Orleans, La.
Beaverhead County, Mont.— Bond Sale.— On Dec. 5, 1899,
the $20,000 4% 10-20year (optional) refunding bonds were
awarded to Mary Ann Cooper of Dillon at 102 55 an interFollowing are the bids
est basis of about 3 "693^.
Palmer, Cooper & Co.. Helena.. 101'27
X02-55
Maiy Ann Cooper, Dillon
&
,
—
:
Thos. Cruse Sav. Bank, Helena.lC2-50
lOrSO
Frank P. Thompson, Dillon
W.
ing
J.
i%%
Hayes
&
First National Bank, Butte
100-56
Sons, Cleveland, bid 101*75 for bonds bear-
interest.
Bonds are dated Jan. 1, 1900. For further description of
bonds see Chronicle Oct. 21, p. 867.
Bennington, Vt.— Loan ^wf/iort^ed.- The trustees have
been authorized to borrow $10,000 to pay floating debt and
to meet the running expenses of the village to the first of
April next.
Benson County (P. 0. Minnewaukon), N. Dak.— Bond
O^ertngr.— Proposals will be received until 1 P. M Jan. 3,
1900, by A. A. Lindahl, County Auditor, for $20,000 courthouse and jail bonds. Securities are in denomination of $500,
dated Jan. 6, 1900. Interest will be at a rate of not exceeding 5^, payable annually at the First National Bank of St.
Paul. Principal will mature in 20 years, subject to call after
10 years. A certified check for $500, payable to the County
Treasurer, will be required. The bonded indebtedness of
the county, including this issue, is $40,000. The assessed
valuation is $1,820,055 and the real value about six millions.
The above bonds are issued under the authority of Article
XVII., Chapter 26, Revised Code of North Dakota for the
year 189).
Bristol County, Mass.— Bond 0/iering.— Proposals will be
received until 10 a. m. Dec. 20, 1899, by the County Commissioners-George T. Durfee, Chairman— for the purchase of a
note for $20,000. Note bears i% interest and is dated Dec. 21,
Interest will be payable semi1899, maturing Dec. 21, 1903.
annually.
Brown County, S. Dak.— Bond« Voted and Defeated.—
This county voted recently on the issuance of bonds for a
court house and a jail. Upon the vote being canvassed it
was found that the court-house proposition was defeated by
49 majority while the question of issuing $10,000 jail bonds
carried. No arrangements have been made to dispose of the
bonds above authorized.
Buffalo, N. Y.— Bonds Authorized.— The Board of Aldermen on Dec. 11, 1899, authorized the issuance of $200,000 S}i%
bonds for the purpose of raising money for school- bull ding
Dbcember
THE CHRONICLK
16, 1899.]
These bonds will be issned under authority of
Chapter 253, Laws of 1898. They will bear date of Dec. 1,
1899, and will mature $10,000 on December 1 yearly from
1900 to 1919, inclusive. Interest will be payable semi-annu-
purposes.
ally.
Unrlington, Vt. Loan Authorized.— The Board of Alderhas authorized a temporary loan of $20,000, according
men
to local reports.
Camden, N. i.—Bond Offering. Proposals will be received
until 8 p. M. Deo. 18, 1899, by Benjamin E. Mellor, Chairman
of the Finance Committee of the City Council, for $50,000 ^%
school bonds. Securities are in denomination of $1,000, dated
Jan. 1, 1900. Intere^ will be payable January 1 and July 1,
certified check
and the principal will mature Jan. 1, 1920.
for b% of the amount of the bonds bid for, payable to the City
Treasurer, must accompany proposals.
Campbell (Town), N. Y.—Bond 6'o^e.— The Board of Supervisors has authorized this town to issue $9,000 3%% bridge
bonds. These securities, we are advised, have been sold to
the First National Bank of Corning at par. They are in denomination of $1,500, dated Feb. 1, 1900. Interest will be
payable semi-annually and the principal will mature one
bond yearly on Feb. 1 from 1902 to 1907, inclusive.
Carbon County, Mont. Bond Sale. On Dec. 4, 1899, the
$43,000 5% 10-20-year (optional) coupon bonds were awarded
Trust Co., Helena, at 104*50 an interto the Union Bank
est basis of about 4*44^. Following are the bids
Union B'k & Tr. Co.. Helena.$U,935 00 Lam precht B ros Co. CI eve $44,550 00
N. W. Harris & Co. Chicago. 44.75100 Parson, Leach & Co.. Chic... 44,317 00
44,31] 00
Thomaa Cruse Bank, Helena. 44,720 00 E.D. SnepardACc.N. F
For description of bonds see Chroxicle Nov. 4, p. 974.
Cascade County (P. 0. Great Falls), Mont.— ^ond OfferProposals will be received until 10 a. m. Jan. 8, 1900,
ing.
by Vincent Fortune, County Clerk, for $30,000 4% coupon
bonds. Securities are in denomination of $1,000; interest
will be payable January 1 and July 1 at the office of the
County Treasurer. Principal will mature 20 years from
date of issue, subject to call after ten years. Securities are
put out under authority of Article 3, Title 2, Part 4. of the
certified check or New York
Political Code of Montana.
draft, payable to the County Treasurer, for $2,500 will be
required with each proposal.
are advised by
Chicago, 111.— iVo Bonds Purchased,
Comptroller Kerfoot that no bonds were tendered to the city
on Deo. 11, 1899, in response to the city's invitation, referred
to in the Chronicle November 25. "The matter," the Comp
troller says, "will probably run over until the 1st of July,
when $489,500 of these bonds fall due and will have to be
—
A
—
—
&
:
.
,
. .
—
A
—We
taken up by the sinking fund."
Chicago (111.) Sanitary District. Bonds Authorized.
The Board of Drainage Trustees at a meeting held Dec. 13,
1899, decided to make an issue of $1,000,000 S%% 20 year Sanitary District bonds, The District Clerk was instructed at
the same meeting to advertise these bonds for sale within a
—
month.
—
1261
by the State Auditor " the legality thereof
be open to contest for any reason whatever."
Groyeland Township, McPherson County, Kan.— Bomi
Sa^e.— Refunding bonds to the amount of $21,000 have been
purchased by L. A. Bigger of Hutchinson, Kan.
Hudson, Mass.— Z^aw Authorized.— The City "Treasurer
has been authorized to borrow $25,000 for the purpose of
liquidating indebtedness now maturing. Notes will bear
are registered
shall not
date Dec. 12. 1899.
Hyde Park, Ohio,—Bond Sale.— Oa Dec. 6, 1899, the $15,000 4% 1-30 year (serial) town-hall bonds (bids for which were
received until November 30) were awarded to Seasongood
Mayer, Cincinnati, at lOS'll- an interest basis of about 3'57%.
For description of bonds see Chronicle Nov. 4, p. 974.
Indianapolis (Ind.) School District.— Te77iporar</ Loan.
This district has issued notes to the amount of $25,825 70 to
pay sums due on school buildings. These notes bear 5% and
5^4% interest and are part due on May 30 and part on November 30, 1900. There still remains about $19,000 of these 5sf
notes to be issued and all will be delivered before the first of
J anuary to local buyers.
Jay County, Ind,— Bond Sale.— On Nov. 28, 1899, $2,500 6%
gravel-road bonds were awarded to Campbell, Wild
Co.,
bid of 100*20 was also received
IndianapDlis, at 104'06.
from the People's Bank of Portland. Bonds mature $500
yearly from 1901 to 1905, inclusive.
Johnstown, N. Y.—Bond Sale.— On Dec. 12, 1899. the $8,946 44 5% 1-4-year (serial) bonds were awarded to W. J.
Sons, Cleveland, at 101*598. One other bid was reHayes
ceived, that of Geo. M. Hahn, New York, at 100-49. For
description of bonds see Chronicle last week, p. 1211.
Lake Preston, S. Dak.— Borid Sale. This place has sold at
par to a local investor an issue of $2,500 Q% 15-year water-
&
—
&
A
&
—
works bonds.
Lansing, Mich.
—
Bond Offerinq, Proposals will be received until 4 p. M., Dec. 18, 1899, by C. C. Mishler, City
Clerk, for $30,000 4%% paving bonds. Securities bear date Jan.
Interest will be payable annually.
Principal will
15, 1900.
mature $10,000 on Jan. 15, 1903, and $20,000 on Jan. 15, 1905.
A certified check for $250 will be required with each proposal.
—
Bonds Authorized. The City Counhas authorized the issuance of $1,500 levee bonds.
Lawrence (Kan.) School District. Bond Offering.— Proposals will be received until 12 M. Feb. 1, 1900, by the Board
of Education— F. W. Blackmar, Clerk—for $25,000 4% gold
school bonds. Securities are in denomination of $500. Principal will mature as follows
$3,000 in 1918, 1914 and 1915;
$4,000 in 1916, 1917, 1918 and 1919. Interest will be payable
semi-annually at the State fiscal agency in New York City.
The present bonded indebtedness of the district is $35,000.
The assessed valuation of the city is $1,866,456 and the real
va'ue about $7,465,000. A deposit of 5% must accompany
each bid.
Lewiston, Me.— Bids. Following is a complete list of the
bids received on Dec. 7. 1899, for the $51,000 4% refunding
Lawrenceburg, Ind.
cil
:
—
Crystal Springs, Miss. Bond Election. The election to
vote on the question of issuing the $30,000 water and $5,000
bonds
electric-light bonds mentioned in the Chronicle Nov. 18, S. E. May & Co., Lewiston
116-43
E. H. Gay & Co., Boston
11 438
Blodget. Merritt & Co.. Boston. 113-c87
Lewiston Tr. & Safe Dep. Co.... 116-09
1899, will be held on Dec. 18, 1899.
Savings
Vermilye
Androscoggin
County
&
Co., Boston
...llb-09
Donaldsonville, La. Bonds Defeated. At the election
118019 N. W. Harris & Co.. Boston... .112-626
Bank, Lewiston
115-71
118-53
EstabroDk & Co. .Boston
held on Dec. 5, 1899, the proposition to issue $40,000 public- Swan & Barrett, Portland
Uenlson. Prior & Co., Boston. .115-60
& Burr, Boston
109'iYT
improvement bonds was defeated. The vote on the question Farson, Leach & Co., New York.. 115-01 Parkinson
Blake Bros. & Co., Boston
105-52
114-735 S. A. Kean, Chicago
105-00
was 76 for to 150 against, representing a property value of Tyler. Foee & Co., Bangor
]14'492 People's Trust Co., Farmington.104-48
Jose, Parker* Co., Boston
$93,124 20 and $133,450 99, respectively.
R. L. Day & Co.. Boston
114347
Dougherty County, Ga. Bond Sale.— On Dec. 4, 1899, the
As stated last week, S. E. May
Co., of Lewiston, being
$15,000 i% 25 year gold jail bonds were awarded to the Albany the highest bidders, were awarded the bonds at their bid of
Trust & Savings Bank at 100-166. For description of bonds 116-43.
.
—
.
.
&
gee
Chronicle Nov.
18, 1899, p. 1075.
Dysart, Tama County, Iowa.— Bonds to be Offered Shortly.
This place proposes to issue $5,000 bonds for a gas plant.
The full details of these bonds have not yet been determined
upon, but a decision will probably be reached in a few days
and the bonds offered for sale about the first of the year.
Eaa Claire County. Wis, To Borrow from State.— It has
been stated that the County Board had authorized the issuance of $75,000 insane asylum bonds. In reply to our in
quiries we are advised that the county will not sell any
bonds, but will obtain the money from the State as a 20-year
loan, bearing 33^^ interest.
Fall River County, S. Dak.— Bonds Probably Sold.— We
are advised that the $16,000 5}^^ 20year refunding bonds
which we stated last week had been authorized by the County
Commissioners have probably already been sold and that negotiations to that end are now pending.
Faulkton, S. Dak. Bonds Voted. At a recent election
$3,700 school bonds were voted by this city.
Foxborough, Mass.— Loan Authorized. At a recent town
meeting a six-months loan for $5,0t0 was authorized, the
rate of interest being limited to iJ4%Fulton School District No. 18, Lewis and Clark County,
mont.— Bond Sale.— Oa Nov. 30, 1899. the $250 3-year bonds
of this district were awarded to the Thomas Cruse Savings
Bank of Helena at par for 6 per cents, the purchaser to furnish printed bonds.
Garfield County, Colo. Bond Ofering Proposals will be
received until 10 a. m. Jan. 2, 1900, by C. J. S. Hoover,
County Clerk, for $81,700 4}4% 10 20-year (optional) refunding
judgment bonds. Securities are in denomination of $100,
dated April 1, 1900. Interest will be payable semi-annually.
A certified check for 23^^ of bid, payable to the County
Treasurer, must accompany proposals. Under an Act of the
State Legislature approved April 18, 1899, after these bonds
—
—
—
—
Linton (Ind.) School District.—Bond Sale.— The $4,500
school- building bonds mentioned in the Chronicle August
Co., Indianap12, 1899, have been sold to Campbell, Wild
olis, at par for 4 per cents.
Long Beach, Cal. Bond Election Proposed.— Citizens of
this place are considering the advisability of holding an election to vote on the question of issuing bonds for a sewer sys-
&
tem.
Lynn, Mass. Bonds Authorized,— At a meeting of the City
Council held on Dec. 7, 1899, the City Treasurer was authorized to issue $29,000 4% bonds to meet bills for current expenses. Sacurities will run for five years and will be for the
following purposes
$12,600 for schools, $6,400 for poor,
$2,700 for fire, $3,300 for street lighting and $4,000 for the
Health Department.
Marion County, Texas.—Bonds Authorized.— The County
Commissioners, it is stated, have determined to refund the
entire indebtedness of the county, amounting to about
:
$200,000.
Martin's Ferry, Ohio.— Bond Oj^mngr.— Proposals will be
received until 12 M. Jan. 6, 1900, by Ellis D. Lash, City
Clerk, for the following sewer bonds
:
$9,300 6% bonds of Sewer District No. -2— Eiehteen bonds are in denomination
of $500 and one bond of $300. Principal will mature one bond every
1H09. inclusive.
six months from March 1 1900. to March
2,900 5% bonds of Sewer District No. -3— Five bonds are in denomination of
$500 and one bond of $400. Principal will mature one bond yearly on
March 1 from 1902 to 1907, inclusive.
800 o% bonds of Sewer District No. 5— Securities are in denomination of $400
and will mature one bond on March 1, 1905, and one on March 1, 1906.
,
i ,
Interest on the above bonds will be payable March 1 and
September 1. Each bid must be accompanied by a certified
check for $500, payable to the City Treasurer.
Milan, Ohio. Temporary Ixxin.-Thia village has bor-
rowed
$1,000 in anticipation of the collection of taxes.
city will probably issue early next year about $30,000 bonds and certifi-
Monmouth, 111.— Bonds Proposed. — This
THE CHRONICLE.
1262
cates of indebtedness for the
improvement of the water- for $25,000 5% 30-year sewer bonds.
works system.
New
BrnnsTvick, N.
J.— Bond Sale.— On Dec.
1,
1899,
|5,500 Q% improvement bonds matured, to meet the payment
of which $5,a00 d}4% 25-year refunding bonds were issued.
Bonds were taken by the sinking fund of the city at par.
New Ulm, Minn.— Birfs.— Following are the bids received
on Dec. 5, 3899, for the $20,000 4% refunding bonds
Western German B'k,Cincin.$2n,792 00 N. W. Harris & Co., Chicago. $20,186 00
:
I
SeiisoDKood & Mayer, Cincin. 20,556 00
Stoddard, Nye & Co., Minn... 20,200 60
Kleybolte & Co..CiDcin... 20,127 00
Minn. Loan & Tr. Co., Minn.. 20,loa 10
B.
|
[Vol. LXIX.
As Stated last week, bonds were awarded to the Western
Oerman Bank of Cincinnati at their bid of 103*96. Of this
Issue $10,000 will be dated Jan. 1, 1900, and will mature in 20
years, and $10,000 will be dated Feb. 15, 1900. and will mature in 30 years.
Noblesville (Township), Ind.—Bond Election.— An election will be held on Jan. b, 1900, to vote upon the question of
granting a subsidy of $72,000 to aid in the construction of the
Ft. Wayne Electric Railroad.
Oneida, Madison County, N. Y.—Bond Sale.— On Dec. 12,
1899, $1,961 66 4% 1 10-year (serial) sewer bonds were awarded
to the Oneida Savings Bank at par. Bonds bear date Dec.
1, 1899; interest will be payable annually at the Oneida Valley National Bank.
Orillia, Simcoe County, Ontario. Bond Sale.— It is reported that an iesue of $75,000 4% 30-year debenture bonds
has been awarded to local investors at 102166 an interest
basis of about 3 88^.
—
Orland School District, Glenn County, Cal.— Bonds Not
Sold. No bids were received on Dec. 4, 1899, for the $1,30 J
are advised by
61 1 7 year (serial) bonds of this district.
John H. Graves, County Recorder, that the bonds will be readvertised for sale at the January meeting of tue Board of
Supervisors.
Pacifli' Grove School District, Monterey County, Cal.—
—
We
Bond Sale.— On Dec.
5, 1899, $10,0005^ 1-10 year (seiial) bonds
of this district were awarded to the Oakland Bank of Savings at 103-71— an interest basis of about 4 24^.
Pekiu, 111.— Bonds Defeated. At a recent election the
proposition to issue $113,0o0 water- works bonds was defeated.
—
Securities will be in denomination of $1,000. Interest will be payable April 1 and
October 1 in New York City. Bonds authorized by majority
of the qualified voters of the city. Bids must be accompanied by a certified check for $500.
San Pedro (Cal.) School District.— Bond Election.—This
district will vote on the question of issaing $12,500 schoolhouse bonds at a special election to be held on Dec. 30, 1899.
Sardis, Miss. Bonds Defeated, At an election held on
Dec. 1, 1899, the proposition to issue $5,000 additional water
bonds was defeated. This result, we are advised, will cause
the indefinite postponement of the erection of the proposed
water plant.
Sinclairrille, N. Y.—Bond Sale.— On Dec. 4, 1899, $7,000
4}^% 11^-year (average) bonds were awarded to Geo. M.
Hahn, New York, at 108*27. Following are the bids
—
:
Geo.
I.
W.
M
Haiin,
Shierrlll,
New
Yorl£.
108-37
I
Poughkeepsie....l07-/9
W.J. Hayes & Sons, Cleve
H. Imhoff, New York
IC.
105'20
102-08
Starkville, Mins. Bond Election.— An election will be
held on Dec. 28, 1899, to vote on the question of issuing $J2,500 water- works bonds. Securities, if authorized, will probably bear interest at the rate of 5%, payable semi-annually in
New York City. Denomination will probably be $500, and
under the law authorizing the issue (Chapter 93, sections
3014 to 3016, Code of Mississippi,) they must mature within
20 years, with option after 5 years.
Stuyvesant (Town), N. Y.—Bond fifaZe.— On Dae. 1, 1*«9,
this town sold to the Hudson City Savings Bank at 100 66
an issue of $15,000 4i bridge bonds, latereat on these securities will be payable semi-annually and the principal will
mature $3,000 yearly on March 1 from 19 <1 to 1905, iuclusive.
Suinpter, Ore.— Bond Sale.— It is reported that Morris &
Whitehead, Portland, have purchased an issue of $50,0i30 Q%
20-year water bonds at par.
Sunflower County, Miss.- Bond Sale.— On Dec. 4, 1899,
the $10,000 5% 5-25-year (optional) jail bonds were awarded to
F. R. Fulton & Co., Cbicago, at 100 65.
Tacoma, Wash. Refuridina Bonds Approved by Judge
Dillon— Bonds Authurized.—Judge John F. Dillon, of New
York, has wired the City Attorney that the contemTemporary Loan. The Common plated issuance of bonds to take up the warrants which have
Philadelphia,
I'a.
Council on Dec. 13, 1899, authorized a loan of $206,696 79 for been in litigation for some time would be perfectly legal
various purposes. Loan will bear 4% interest and will ma- under the proposed pi .n. As stated in the Chroviclb Oct.
28, 1899, the City Council intend to issue $1,200,000 in bonds
tare in four months.
Poiica City, Obla. Bond Sale.— It is reported that on to pay these warrants (principal and interest), and in order
Dec. 11, 1899, the $.'5,000 10-30-year (optional) water-works to avoid any question as to their legality, it was deemed
bonds were awarded at 101*30 for 6% bonds. Interest on advisable to consult Judge Dillon, a recognized authority on
these securities will be payable semi-annually. The above municipal issues.
A meeting of the City Council was held on December
bonds represent the only indebtedness of the city. The assesed valuation is $232,324 and the real valuation about 7, 1899, after the receipt of Judge Dillon's opinion, and
the ordinance authorizing the bonds was passed.
$800,000. The estimated population is 3,000.
The
Port Gibson, Miss. Bids Rejected. —All bids were re- securities will be issued in two series, both dated Jan. 31.
jected on Dec. 11, 1899, for the $7,500 6^ funding bonds 1900, and maturing Jan. 31, 1920. Series "A" will consist of
offered for sale on that day. We are advised that the bonds one thousand bonds of $1,000 each and Series "B" of four
hundred bonds of $500 each. Interest will be payable in
will be re-ad vert ised.
Portland (Village), Mich. Bond Offering. Proposals will gold on January 31 and July 31 at the S:ate fiscal agency in
be received until 8 P. m. Dec. 18, 1899, by the Village Council, New York City. The warrants to be funded are those isfor $20,0'. 4% water bonds. Securities are in denomination sued on the general fund and city hall fund between Aug. 14,
Interest will be payable in Port- 1892, and Jan. 1, 1894, except all warrants issued for salaries
of $500, dated Jan. 2, 1900.
land. Principal will mature $5,000 in 15 years, subject to of elective officers other than the Mayor prior to the amendcall after 10 jears, and $15,000 due in 20 years, subject to call ment of the charter in April, 1896, and which have been held
after 15 years. A certified check for $400 must accompany invalid by the State Supreme Court. Uader the ordinance
each bid. The bonded indebtedness of the village at present the City Clerk will advertise these bonds for sile anl »o bid
The assessed valuation is $550,000 and the popu- of less than par and accrued interest will be considered.
is $18,5(0.
lation about $2,000. A like issue of bonds was sold Oct. 20, None of the bonds will be delivered to the purchaser
1899, to a Chicago house, which afterward refused to take thereof until an equal amount of warrants sha.l have been
them, claiming that the proceedings leading up to the elec- taken up and canceled. The snccessful bidder will be retion held Sept. 15, 1899, were not legal. As stated last week, quired to make and enter into a contract with the city,
a new election was called Nov. 22, 1899, and resulted in favor agreeing, at his option, to procure and deliver said warrants
and take in exchange therefor an equal amount of bonds, or
of the bonds by a vote of 215 to 13.
Portsmouth, Ta. Bond Offering. Proposals will be re- that he will furnish in advance of the delivery to him of
ceived until 6 p. M. Dec. 27, 1»99, by E. Thompson, Jr., City bonds an amount of money sufficient to take up warrants as
Clerk, for $140,000 4% 30-year redemption bonds. Securities fast as they are presented for payment after call has been
The Sinking Fund Commissioners, who
are in denominations of $100, $500 and $1,000, dated Jan. 1, made therefor.
Interest will be payable Jan. 1 and July 1. Bonds are will have these bonds for sale, are directed to give prefer1900,
ence to a lower rate of interest rather than to a premiam at
exempt from city taxes.
Potter County, Texas. Bonds Approved. The Attorney- any specified rate of interest.
Tecumseh, Neb. Bonds Authorized.— The City Council
Oeneral has approved $4,000 court-douse and jail bonds and
has decided to iseue $5,000 refunding city hall bonds in de$600 refunding bridge bonds of this county.
Beading (Pa.) School District. Bonds Proposed.— This nomination of $500 and $4,400 refunding electric-light bonds
district proposes to issue $60,000 d}4i bonds for school build- in denomination of $400. Securities will bear 4'^t interest,
Full details of these bonds will be determined at a payable Jan. 1 at the State Fiscal Agency in New York City.
ings.
Principal will mature Jan. 1, 1920, subject to call after J au.
meeting to be held on Dec. 19, 1899.
Rotterdam (N. Y.) School District No. 2.— Bond Sale.— 1, 1910. Bonds are dated Jan. 1, 1900. The date for the sale
W. J. Hayes & Sons, Cleveland, have been awarded $12,000 of these bonds has not yet been fixed.
Tan Bnren (P. 0. Baldwinsville), Onondaga County,
6^ school bonds at 103*36. Bonds are dated Dec. 1, 1899, and
will mature $2,000 yearly on December 1 from 1900 to 1905, N. Y.—Bond Sale.- On Dec. 8, 1899, $27,00a •6]4% bridge
bonds of this town were awarded to Farson, Leach & Co.,
inclusive.
Saginaw, Mich.— Bond Sale.— On Nov. 18, 1899, $3,000 d}4% New York, at 100*07. The only other proposal received was
1-10-year (serial) sewer bonds were awarded to the Second from W. J. Hayes & Sons, Cleveland, who bid 100 02. SeNational Bank, Saginaw, at par. Securities are in denomina- curities are in denomination of $1,000, dated Jan. 1, 190O.
Interest will be payable annually on February 1 at the Tru'^t
tion of $3 0.
Principal will
St. Croix County, Wis. Bond Offering.— Propoa&lB will be & Deposit Co. of Onondaga County, Syracuse.
received until 2 p.m. Jan. 5, 1900, by E, B. Heritage, County mature $1,000 yearly on Feb. 1 from 1901 to 1927, inclusive.
Treasurer, for $50,000 4% court-house bonds, authorized at
Washiogton County, Ohio.— Bo«ds Not Yet I-t.med.—We
the election held on Nov. 21 1899. These bonds will be issued are advised that no further action has yet been taken towards
in denomination of $1,000 and will be dated Jan. 5, 1900. In- the issuance of the $125,000 court-house and jail bonds,
terest will be payable annually on April 1. Principal will authorized last September by the Board of County Commismature $5,000 yearly on April 1 from 1910 to 1919, inclusive.
sioners.
Salisbury, N. C. Bond Offering. Proposals will be reWheaton, Minn.— Bo>idSa/e.— On Dec. 9, 1899, the $11,000
ceived until 4 P. M January 8, 1900, by S, F. Lord, Mayor, 5% 15-year water-works bonds were awarded to the Minna-
—
—
—
—
,
—
December
16,
THE CHRONICLE
1899.]
&
Trast Co., Minneapolis, at 10303. Only one
sota Loan
other bid was considered, that of 10304, made by Duke M.
Farson, of Chicago, although several bids were received too
late.
Woburn, Mass. Loan Authorized.— The City Council has
authorized a loan of $60,000 in anticipation of the collection
of taxes.
Woodbury County, Iowa.— Indebtedness Not
Invalid —
been stated in some of the paoers that the 8100,000
fonding bonds sold last April to the Farmers' Loan & Trust
Co. of Sioux City were illegal. In answer to inquiries made
on the subject, we are advised that there has been no quesIt h'js
tion raised as to the validity of the indebtedness for which
the county has issued the bonds: but that there is a question,
however, as to the authority of the county to iesue its bonds
under the resolution passed by the Board, in that literally in
terpreted it permits the taking up of only $36,000 of indebtedness, whereas the intention was to fund $100,000. It will
therefore be necessary to have another meeting of the Board
and to pass another resolution, to include all of the debt
which it is desired to fund.
Wood County (P. 0. Bowling Oreen), Ohio.—Bond Offering.
Proposals will be received until 12 M. Dec. 33, 1899. by
G. W. Gaghan, County Auditor, for the following bonds
$28,000 b% road bonds, maturiuK $3,800 every six months from March 1, 1901,
—
:
11,000
to SeMf.l. Iw05.
road bonds, maturing $1,400 each six
Sept.l, 1905.
6!l
I,
1901, to
in denominatioa of $700. dated Jan.
Interest will be pavable March 1 and September 1
at the office of the County Treasurer.
1900,
STATE AND CITY DEBT CHANGES.
ProTidence, R. I.— William C. Baker, Mayor; D, L. D.
Granger, Treasurer.
The oity i8 situated in Provideiice County, wliich has no debt. On
June 1, 1898, a portion of the town of Johnston, representinx about
flve-eevenths of the assessed valuation, was annexed to the city of
Providence, and the latter was to assume $255,720 64 of the net debt
of the old town of Johnston.
LOANS-
Interest.
.
.
NAME AND PURPOSE
Rate Payable.
Davis estate loan... 18°l.c&r 4g. J & J
Park loan
& S
1892. c&r 4g.
do
1897.. ..r 3i2g.M & N
Public lmprovement.1880... r 5
J & J
do
do
1897 .. r aisg.M & N
do
do
1899. c&r 3g.
& N
School loan
1891 .c&r 4g. J & J
do
1895.. ..r 4g.
do
1897.c4r 4g. A & O
do
iw99.c&r a^g.M & N
Sewer loan
1891. c&r 4g. J &
do
1892. c&r 4g.
&
do
1893. c&r 4g. A &
do
M &
1895. c&r
do
1896. c&r
J &
do
1897. c&r 4g. A &
do
1898. c&r 3»flg A &
do
1899. c&r 3g.
&N
Weybosaet Brdge.ln.l899.c&r S^sg.M <te N
Water loan
1871 .o&r 6g. J & J
do
.1872. o&r 5g. J & J
do
.1874.c&r 5g. J & J
do
.1876 c&r 5g. J & J
do
.1886. c&r 3i2g
& S
do
.1893. c&r 4g. A & O
do
.1896....r 4g. J & D
do
.1897. c&r
A &O
nighway loan
1894.
& N
4g.
do
do
1897...
4g. A & O
J ohn ston annexat'n. 1 899.
3
& 8
M
M
MAN
M
M
M
M
M
.
Johnston BoniiS—
School Dist. No. 15.1894..
'•
do
do
1894,.
School Dist. No. 1 1897
Town bonds,
1892...
do
do
1894...
.
4s
48
4s
4s
4s
.
A & O
A & O
M&N
F & A
F
&A
-Principal,Outstand'g.
July 1, 1909
.$75,000
When Due.
1922
1W47
July
1900
May
19^7
Miy
1929
July
1911
Mav
1925
AprU
1927
May
J 929
~
July
1921
Mar.
1922
April
1923
May 1, 1925
June 1, 1926
April 1, 1927
April 1, 192S
May 1, 1929
May 1, 1929
July 1, 1900
July 1, 1900
July 1, 1900
July 1, 1906
Sept. 1, 1916
Apr. 1, 1923
June 1, 1926
Apr. 1, 1927
May 1, 1924
Apr. 1, 1927
Sept. 1, 1939
Mar.
May
"
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
Oct, 1, 19C9,
Oct, 1, 1924,
Nov.
Feb.
Feb.
1,
1,
1,
1927,
1912,
1917,
500,000
674,000
146.000
640,000
84,000
300,000
300,000
500,000
350,000
1,125.000
500,000
500.' 00
800,000
500,000
30(1.000
200,000
250,000
270 000
820,000
1,180,000
2,000,000
1,500,000
483,000
817.000
200,000
250,000
1,200.000
500.000
166,000
25,000
30,000
17,000
50,000
59,000
DENOMINATIONS OF BONDS.— The coupon bonds are for $1,000
the registered bonds for $1,000 and multiples of the same. All coupon
bonds are transferable into registered bonds at the option of the holder.
INTEREST
on the bonds
is
payable as follows
of Loan
Interest, lohere payable.
N. Y., Nat. City Bank, and Prov.
N. Y., Nat. City Bank, and Prov.
Public improvement loans
Providence, City Treasiu-v, and N, Y.
School loan, due 1911 and 1927. .N. Y., Nat. City Bank, and Prov.
do
due 1925 and 1929.. Providence, City Treasury.
Sewer bonds
N. Y., Nat. City Bank, and Prov.
Water 68, due 1900
Providence, City Treasury.
do 58 of 1872, due 1900
Boston. Eliot Nat. Bank, and Prov.
do
5sof 1874, due 1900
N. Y., Nat. City Bank and Prov.
do 5s, due 1906
New York, Nat. City Bank, & Prov.
Title
Davis estate loan, due 1909
Park loan
.
do 3128, due 1916
do
do
do 48, due 1923 and 1927....
do
do
do 48, due 1926
Providence, City Treasury.
Highway, due 1924 and 1927
do
do
JohBston school bonds
Industrial Trust Co., Providence.
Johnston town bonds
Union Trust Co., Providence.
Johnston annexation bonds
Providence, City Treasurer.
TOTAL DEBT, SINKING FUNDS, Erc.-Tne subjoined statement
shows the total municipal debt of Providence (including that assumed
tjy annexing a portion of Johnston), the sinking fund held by the city
against the same, the water debt, and the city's floating debt on the
dates given.
756,985
July 1,1898.
$16,860,000
1,070,387
July 1, 1897.
$16,860,000
451,692
$18,067,985
3,609,413
$17,930,387
4,104,021
$17,311,692
3,6b7,981
Oct. 1,1899.
Bonded debt (Incl. water d't). $17,3 11, 000
Floating debt
Total debt
Sinking funds, etc
The notes representing the Hoating debt on Oct. 1, 1899, were all
held by the Comrals.^ionera of the Sinking Funds and were issued for
and are chargeable to the following accounts
Sewerage
Special highway loan
Blackstone Park improvement loan.
$167,000
295,000
15,000
35,000
Public schools
Casino
19,558
50,000
19,705
155,720
Water-works construction.
Electric wires.
State tax.
$756,985
Total
SINKING FUNDS.— All
sinking funds must be invested in bonds or
notes of the city of Providence or in the following classes of bonds,
viz.:
United States, any of the New England States. Boston, Worcester, Cambridge. Springfield and Fall hiver, Mass.; New York, Albany,
Rochester, Butfalo, New Haven, Hartford, Chicago, Detroit, Minneapolis, St. Paul and Baltimore.
The bonds of each of said cities shall be lawful investment of said
sinking fund only so long as its indebtedness, less its wat*»r debt and
sinking fund, shall not exceed 7 per cent of its assessed valuation.
The loans for the redemption of which sinking funds are held by the
commissioners, and the amounts of the sinking funds Oct. 1, 1899,
are shown by the following table
Public improvement loan, due in 1900
$135,228 50
420 79
Public-improvement loan, due in 1929
Public improvement loan due in 1937
Water loans, due in 1900
Water loan, due in 1906
Water loan, due in 1916
in 1923.
Water loan, due
Water loan, due in 1926
Water loan, due in 1927
Davis estate loan, due in 1909.
School loan, due in 1911
School loan, due in 1925
School loan, due in 1927
School loan, due in 1929
Sewer loan, due in 1921
Sewer loan, due in 1922
Sewer loan, due in 1923
Sewer loan, due in 1925
Sewerloan, (iuein 1926
Sewer loan, due in 1927
Sewerloan, due in 1928
Sewer loan, due In 1929
Park loan, due in 1922
Park loan, due in 1947
Highway loan, due in 1924
Highway loan, due in 1927
Weybosset Bridge loan, due in 1929
Johnston School District No. 5, lo8n due in 1909.
Johnston School District No. 16, loan due in 1924.
Johnston School District No. 1, loan due in 1927...
Johnston loan due in 1912 and 1917
Johnston School District No. 11
21
60
61
08
37
19
67
29,'705 06
129,922 27
70,655 8S
95,435 12
30,325 18
240, 3 92
135,826 0;
101,493 29
175,246 98
106,132 85
60,4 55 83
19,897 95
1,252 89
136.593 77
11,816 29
17,058
1,184,138
253,750
102,835
57,047
32,093
38,194
•
months from March
The abive bonds are
1,
1263
Net debt
$14,4^8,572
$13,826,366
$13,623,711
Waterdebt (included above). $7,300,000
$7,250,000
$7,250,000
The debt of the city of Providence, less the sinking fund and water
debt, is 3'797 per cent of the assessed valuation of the city.
'-
300,.°>76
103,767
25,875
5,786
2.715
'
Total sinking funds Oct.
1,
77
03
02
09
08
1,099 40
3,464 68
469 08
$3,€09,412 52
1899
WATER WORKS.—The waterworks
construction account to Oct.
In year 1897-98 income from
1898, amounted to $6,828,518 03.
water rents, etc., was $523,677 74; cost of maintenance $84,123 76
Interest on water loans, $350,915 56; surplus, $88,638 42.
1,
;
ASSESSED VALUATION.— Thevaluationand tax i-ate have been:"as
follows, real estate being assessed at
"about two-thirds cash value
-Assessed Valuation-
POPULATION— The
In 1890
was 132,043
it
;
Amo^itit
per
$1,000.
of Tax.
16-50 $3,1 10,279 37
16-50 2,995,708 98
16-50 2,871,700 92
16-50 2,874,836 25
16-00 2,716,552 96
1500 2,109,255 90
13-50
1,564,933 50
13-50
1,256,538 15
5-60
325,538 80
Ta-x
Personal
Beal
Total
1899. $146 ,701,900 $41,799,890 $188,501,780
1898. 142 ,430,2(0 39,127,920
181,558,120
1897. 135 ,805,460
38,237,020 174,042,480
1896. 133 ,296,200 40,936,300 174,232.500
1895. 129 ,438,060
40.346,500 169,784,560
1890. 104,684,440
35,932,620
140,617,060
115,921,000
1880. 88 ,012,100
27,908,900
1870. 52 ,511,800
40,565,100
93,076,900
21,042,000
1860. 37,089,800
58,131,800
The tax rate in 1899 included State tax of $1*80
Tears.
and
oity
tax $14-70
population for 1899 18 estimated at 168,000
1880 it was 104.856 in 1870 it was 68,904.
in
;
Paterson, N. J.— James Parker. Comptroller,
County.
When Due.
LOANS—
LOANS—
This city
is
in Passaic
^'t<n Due.
Renewal Bonds—
M&N, $115,000.. May,'97-1907 6s, M&N, $30.000
City Hall
Bonds—
58,
155,000
5s, A&O,
4ic8, M&N,120,000
J&J, 100,000
4s,
... ,
30,000
48.
1901
60,000....1903tol904
1905
6S.J&D, 20,000
1903
6s, M&S, 14,500
part yearly
6s,
58,A&0,
1908
Sewer Eond.s—
6s,
58,
58.
JAD, $3,000
J&D, 16,000
M&S, 30,000
School Bonds—
7s, J&D, $7,000
78, J&D, 20,000
5s, J&J, 50,000
58, F&A, 50,000
412S, A&O, 25,000
A&O, 25,000
4s,
A&O,50,000
($25,000 on April
48
4s
1904
1906
1906
41,000
190T
58, J&D,
48, J&D, 100,000. ...1908to 1916
1909 to 1911
4s, J&D, 32.400
1913
4s, J&D, 34,500
1914
48, J&D, 85,000
1917
59.000
412S,
1908
48, ...., 20,000
Sewer Appropriations—
1900 to 1905^
48, J&D. $65,500
4I28, J&D, 36,000
190»
58,J&D, 67,000
1900
1901 to 1904
1907
Aug. 1, 1908
Oct. 1,1910
Oct. 1, 1911
1913-15
4iflS,
1.)
1918
,$15,000
50,000
5S.M&N, 14,000
Street Impt. Bonds —
,
4s, ....,$97,000
48, ...., 150,000
July
Funded Debt—
J&D, $5,000
W.^R BOCNTY BONDS—
6s.
7s,
P.vRK
1,
1908
1909
4s,
4s,
1921
.1921
1901
1911
1
of the
bonds are for $500 each.
at the City Treasurer's office.
Mar. 20,'99. Mar.
20,'98.
Total bonded debt
$2,713,000 .$2,548,000
Bills pavable, certifi623,898
597,388
cates, &c
Total debt
to
20,000
15,000
15,000
I
BONDS— Most
PAR VALUE OF
INTEREST is payable
TOTAL DEBT.-
Bonds—
A&O, $125,000.. 1908
J&D,
58,J&D,
1900 58,J&D,
1900
J&D, $21,500
9,500
48, J&l), 23,000
412S, J&D, 47,000
41^8, J&D, 58.000
4I28, J&D, 42,000
1902
1902
1902
1913
18,000
48
F&A,
$3,310,388
$3,171,898
Mar. 20,'96. Mar. 20.'95.
$2,551,000 $1,861,500416,572
929,114
$2,967,572
$2,790,614
FREEDOM FROM TAXATION—The city taxes none of its bonds.
ASSESSED VALUATION—The city's assessed valuation (about
three-fourths of the cash value) and tax rate have been as follows
THE CHRONICLE.
12fi4
Tears.
1898
1897
1896
1895
1890
1880
Seal
Personal
Estate.
Properly.
Total
Assessed Val.
$37,934,677
37,223,438
36.320.148
33,383,259
23,981.681
16,348,608
$7,445,959
7,207,981
7.243,536
6,837,093
4,947,009
3,544,517
$45,380,636
44,431,419
43,563,684
40,220,352
28,928,690
19,893,125
;
Alameda County,
18
Cal.- -F. C. Jordan, Clerk.
LOANS—
Rate of Tax
per $1,000.
J&J, $54,000.Jan., 1900-1913 Total valuation 1899.. 9,609,902
($2,000 each Jan. 1 and July 1.,
Assessment about 7, q actual value.
Principal and inter't pay'le in gold. State &co. tax (i)erM.)'99.. $16-50
Total debt July 1, '99....
$56,000 Population 1898 (est.)
8,500
Tax valuation, real
8,362,800
TAX FREE.— All bonds of this county are exempt from taxation.
2500
2500
25 00
2110
was
Grand Island, Neb.— W. H. Piatt, Mayor; W. R. King,
Treasurer. This city is the county seat of Hall Countv.
When Due.
Grand Island School District
loansCounty seat
it
Refunding Bonds—
58,
$41,628 Total valuation 1899 .. $86,371 ,526
Assessment is 35 actual value.
41,628
1. '99...
Tax valuation, real
74,458,900 State & CO. tax (per M.) '99. $16-90
Tax valuation, person'l 10,003,894 Population in 1890 was. . . 93,864
Tax valuation, RRs
1 ,908,732 Population in 1898 (est.).. 118,000
Craft fordsYille, Ind.—This city is in Montgomery County.
$2,406,090
When Due. Tax valuation, real
LOANS—
Tax valuation, person'l. 1,584,560
General City Bonds3I2, semi-an., $20,000
Total valuation 1899. ...3,990,640
Assessment about % actual value.
Electric-Light BondsTax rate (per $1,000) '99... $2170
412S, seml-an., $35,000
6,089
Bonded debt June. 1, '99. .$55,000 Population in 1890 was
Floating debt
7,500 Population 1899 (est.) was.10,000
Total debt June 1, 1899... 62,500
TAX FREE.—The bonds of this city are exempt from taxation.
El Dorado County, Cal.— A. S Bosquit, Clerk. County
seat is Placerville.
When Due. Tax valuation, railroads. $274,950
LOANS—
Total valuation 1899. .4,033,745
County Bonds—
58, J&D, $86,000. g. June 1, 1907 State tax (per $1,000) '99.... $601
County tax (per $1,000) '99..18-99
Subject to call.
9,232
Total debt July 1 '99.
$87,000 Population in 1890 was
10,683
Tax valuation, real
3,164,000 Population in 1880 was
Tax valuation, personal. 594,795 Population in 1899 (est.)... 14,000
58,
J&J, $23,500
July
1,
1918
Subject to call after Julyl, 1903.
J&J, $23,000
July 1,1919
INTEREST is payable by Kountze Bros., New York City.
BONDED DEBT, Etc.—The city's bonded debt on Oct. 1, 1899.
was $151,000; water debt (included), $70,000 floating debt, additional, $5,030; sinking fund, about $6,400. The school district debt
on Oct. 1, 1899, was $46,500.
ASSESSED VALUATION (about 15 per cent of actual value) in
1898 of real estate, $573,098; personal property, $181,679; railroad,
tax rate per $1,000, in 1899 was $69-25,
$41,895; total, $796,672
this including State tax $7-75, county tax $13-50, city tax $25-00,
and school tax, $23 00.
POPULATION in 1890 was 7,536; 1880 was 2,963. Population in
1898 (about) 10,000.
Humboldt County, Cal.— O. D. Stern. Clerk; Joseph M.
Tracy, Treasurer. County seat is Eureka.
;
.
;
I
I
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|
LOANS—
When Due
Tax valuation, pers'n'l. $2,379,407
Total valuation 1899. 15.803.097
7s, J&J,
Assessment about 23 actual val.
$18,000. July 1, 1913
Bonds are subject to call at any State & CO. tax (per M.) '99.. $17-50
time at par.
Population 1890 was
23,469
Bonded debt July 1, 1899. $18,000 Population 1880 was
15,512
Tax valuation, real
13,423,690 Population 1897 (est.)
30,000
Wagon Road Bonds—
.
. .
.
.
1918
4s,
.
.
Refunding Bonds—
J&J, $151,000
Subject to call after 1903.
Floating debt
Total debt July
,
$835,802
411,300
4128,
25-00
Oakland.
.
LXIX«
Tax valuat'n. personal.
Tax valuation, RRs...
Wfien Due.
Court House and Jail—
$2500
POPULATION—In 1890 population was 78,347; in 1880
51,031 in 1870 it was 33.579; in 1895 It was 97,344.
[Vol.
. .
Inyo County, Cal.— County seat is Independence.
When Due. Tax valuation, i)ers'n'l... $431,366
LOANS—
Refunding Bonds—
Tax valuation, lailr'ds...
Fresno County, Cal.— T. G. Hart, Clerk; H. E. Barnum,
82,791
1910 Total valuation 1899.... 1.766,564
5s, M&S, $60.000
Auditor. County seat is Fresno.
Subject to call.
Assessment about ^2 actual val.
When Due. Tax valuation, pers'l... $2,821,405 Floating debt
LO A N S—
$990 State & CO. tax (per M.) '99. $22-50
Total valuati'n.rallr'ds. 2,455,207 Total debt July 1,1899..
Road Bridge Bonds—
60,990 Population in 1890 was
3,544
7s, J&J, $2,500
Jan., 1900 Total valuation 1899.. .28,344,421 Tax valuation, real
"1,252,407 Population in 1896 (est.)
3,900
Assessment about % actual value.
Bridge BondsMariposa County, Cal. A. G. Black, Clerk. County seat
6s, J&J, $80.000
1905 State & CO. tax (per M) '99. .$1400
<fe
—
Total debt July
Tax
1,
32,026
Population iu 1890 was
Population in 1897 (est.)... 45,000
1899.. .$82,500
valuation, real
23.067,809
Glenn County, Cal.— W. H.
itor.
County seat is Willow.
Sale, Clerk; J.
MariDosa.
Bonded debt July 1. '99.. ..$12,000 Total valuation 1899 $2,353,760
Total tax (per $1,000) '99.. $28-00
H. Graves, Aud- County has no floating debt.
Tax valuation, real
$2,116,005 Population in 1890 was
3,787
Tax valu'n, person'l
237,755
is
I
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I
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INVESTMENTS.
NE
LO AN.
Municipal Bonds
S246,000
BOUGHT AND SOLD.
FORT WAYNE, INDIANA,
APPRAISEMENTS MADE OR QUOTATIONS
INVESTMENTS.
Government and
W
FURNISHED FOR THE PURCHASE. SALE OR
3}4% REFUNDING BONDS.
EXCHANGE OF ABOVE SECURITIES.
PRICE AND DESCRIPTIVE CIRCULAR UPON
I.ISTS
N.
ON APPLICATION.
W. HARRIS &
APPLICATION.
ot
&
BRIGGS, TODD
CO.,
BANKERS,
13 NASSAU ST. (Bank
CO.,
NEW YORK,
CINCINNATI, OHIO.
Commerce
INVESTMENTS.
35
EAST THIRD
ST.
1
NASSAU
$100,000
Hudson County Gas
Co. 5s.
PKICE ON APPI.ICATION.
EDW. C. JONES
NEW
YORK, PHILADELPHIA,
<&
CO.,
NASSAU STREET.
CHESTNUT ST.
-
1
-
421
ST,
Bide.)
ADAMS & COMPANY
Rutland
BANKERS^
Railroad
First Mortgage
DBAXKRS IN
DUE
INVESTMENT BONDS>
19
4^^ Gold Bonds,
JUIiT
1,
1941.
ROLLINS & SONS,
E. H.
'Member! of Boston Stock Kzohange.l
Co.
MILK STREET, BOSTON.
MASON, LEWIS &
CO.,
BANKERS
CHICAGO,
BOSTON,
60 DeTonshlre St.
Alonadnock Bulldlns.
MUNICIPAL
RAILROAD
CORPORATION
BONDS.
•^^^*^^«
Choice Issues.
No* 7 Congress and 31 State Streets,
Street Railway and Bag CompaMies.
BOSTON.
LIST ON APPLICATION.
Perry, Coffin
&
Burr,
The Lampreclit Bros. Co.,
IVIUNIOIPAL
AND OTHER HIGH-CRADE
INVESTMENT BONDS,
BONDS.
BOSTON.
Cleveland, Ohio.
-
,52
-
Broadway.
A 11 securities having a Cleveland market bought
and sold.
LAMPRECHT BROTHERS
Sc
BONDS
TO NET FROM 4X TO
EASTERN BRANCH:
New York City,
RAILROAD AND
CORPORATION
60 state Street,
197 Superior Street.
-
MUNICIPAL,
6%.
CORRESPONDENCE SOLICITED.
NEW YORK
CITY
C. H.
NON-TAXABLE
Members New York and Chicago Stock Exchanges.
WHITE &
CO.,
BANKERS,
CO.,
71
BROADWAY. KUW YORK.
AGENTS FOR THE
Blodget, Merritt
&
314%
Co.,
SEND FOR CIRCL'LAR.
BANKERS16
Congress Street, Boston.
13 Wall Street,
BONDS.
New York.
STATE, CITY & RAILROAD BONDh
Farson,
33
Leach
NASSAU STREET,
&
A.N€HjO-A.]a:JEItIOA.N BANK^
Charing Cross, London,
WE
Z,tA.,
DEAL. IN
Company
AN'> WESTERN
SOUTHERN
SECURITIES.
NEW YORK
ROSENBEROER & LIVERMORE,
(Specialists in Texas InTestments),
FORTY WALL. STREbT, NEW YORK
December
THE CHRONICLE.
16, 1899.]
Mendocino County, Cal.— Hale McGowen, Clerk.
Hartford, Conn. -Miles B. Preston, Mayor; C. C. StrongThe town and city of Hartford were consoli,
dated on April 1, 1896, and their debts are no longer reported separately. City is offering for sale Dec. 19, 1899,
$120,000 3}4% paving bonds.— V. 69, p. 1311.
Treasurer.
LOANS—
seat
68,
M
INTEREST on all
of the city
bonds
payable at the city treasury
is
Total bonded debt
Floating debt
1.1899.
$3,758,000
262,211
^pr. 1,1899.
$3,960,000
282,211
^pr. 1,1898.
$3,960,000
121,455
Total debt
Sinking fund
Water debt (included)
$4,020,211
444,767
$4,242,211
380,326
925,000
$4,081,455
313,732
925,000
Z)ec.
723,000
WATER DEPARTMENT
is
rents $30,000 to $40,000 each year above interest on
ordinary expenses.
ASSESSED VALUATION.—The
rate have been as follows
Tears.
Real Estate.
1898
1897
1896
1895
1890,
1889
1888
$17,594,593
17,267,100
16,163,055
16,403,193
16,629,086
16,048,479
19,500,122
its
valuation and tax
city's assessed
rsonal Property.
$46,265,130
44,064,148
39,471,428
36,808.488
30,596,238
30,171,885
27,847,349
from water
bonds and all
self sustaining, raising
Tax Rate.
Total.
*$17-50
$63,859,723
61,331.248
55,634,483
.53,211,681
n7-oo
*1700
1700
47,225,324
46,220,364
47,347,471
20-50
20-50
20-50
4s,
J&D, $20,000
1902
J&J, $63,000
Jan.
$105,850
. .
1906
J&J, $4,000
J&J, $11,500
When Due.
1, '99..
Assessed valu'n, real. .. 8,589,838
Assessed valu'n, pers'l.. 1,568,577
Assessed valu'n, RRs..
328,789
Total valuation 1899...10,487,V04
Assessment about ^a actual value.
State & Co.tax (per M) '99..$22-00
Population in 1890 was
17,612
Population in 1896 (est)... 20,000
1901
1,
Railroad Bonds—
5s,
6s,
County
Ukiah.
County Bonds—
—
TOTAL DEBT, Etc-
is
When Due.
LOANS—
LOANS—
Co CRT HoDSE Bonds—
Totaldebt July
Pnncipal.
Hate Payable.
When Due.
Outstand'g.
NAME AND PURPOSE.
Funding bonds
1893 4g, J & J
July 1, 1918
$290,000
Park improvement.. 1896 Si^.g. J & J
Jan. 1, 1926
150,000
do
1898 ai^.g.J & J
150,000
Jan. 1, 1926
Paving bonds
Jan. 1, 1938
100,000
1898 3i2.g,J & J
Municipal bonds. ..I'-OS 3»fl,g,J & J
Jan. 1. 1938
200,000
Police department.. 1898 3«fl,g, J & J
Jan. 1. 1923
75,000
Consolidated bonds*. 1889 3
July 1, 1909
750,000
J & J
3i2g,
Rbfnndlng bonds.... 1897
Jan. 1, 1922
800,000
J & J
do
do
....1897 3i2g,
& N
May 1, 1922
270,000
Improvement bond8.1897 3 >2g, J & J
Jan. 1, 1922
250,000
Water
1892 5
July 1, 1900
48,000
J & J
do
1893 4g. J & J
July 1, 1918
475,000
do (Reservoir)... 1893 4g. J & J
July 1, 1918
200,000
(Subject to call after July 1, 1908.)
* Non-taxable.
PAR VALUE.—The city's bonds are all for $1,000 each.
Interest.
-
12«6
1921
$98,500
7,350
Moline, 111.— Chas. G. Carlson, Clerk. This city is in
Rock Island County.
When Due.
Water Works—
LOANS—
Bonded debt July
1, '99
Floatingdebt
Bridge Bonds—
4i2S,
M&S,
$40,000... Sept.
1,
190O
July 15, 1900 ($10,000 due y'rly) to Sept. 1, 1903
3,000.... Nov. 1,1906 Total debt Oct. 1, 1899.. $79,000
M&8,
Street Improvement—
Tax valuation, real
1,366,607
4128, M&S, $15,000... Sept. 1, 1914 Tax valuation, personal. 591,345
Subject to call after Sept. 1, 1909 Total valuation 1899.... 1,957 ,952
43^8, J&J, $10,000... Jan. 2,1917 Total tax (per $1,000) '99. .$94-10
4i28,F&A, $10,000... Aug. 1,1914 Population in 1890 was
12,000
Subject to call after Aug. 1, 1904 Population in 1899 (est.)... 22,000
School District No. 3 Bonds—
48, J&J, $30.000. July 1. '14 to '19
INTEREST on $3,000 bridge bonds is payable in New York City,
on all other bonds in Moline.
TAX FREE.—All bonds of this city are exempt from taxation.
Neptune Township (N. J.) School District.— Situated in
5s,
5s,
J&J,
$1,000
Neptune Township, Monmouth County.
LOANS—
Total valuation 1896... $2,582,609
Assessment about 23 actul value.
Tp.tax rate (per $1.000) '96 .$19-70
School tax (per $1,000) '96. 4-09
Population 1897 (est.)
8,000
I
$96,300
School bonds, 58
96,300
Bonded debt Oct. 15, '99.
Assessed valuation,real.. 2,469,049
Assess. valua, personal. 113,560
I
I
|
Revere, Mass.— G. Arthur Tapley, Treasurer. This town is
in Suffolk County.
Sundry Purposes—
When Due.
LOANS—
1900 to 1901
48, ...$8,820
School Loan—
1900 to 1916 Total debt Nov. 15, '99.. $275,928
,$91,500
48,
10,047,000
Tax valuation, real
Sewer Loan—
400,680
48, F&A, $20,000....1900tol919 Tax valuation,per8on'l.
1908 Total valuation 1899... 10,447,680
Total tax (per$l,000)'99.... $17-40
7,437
1900 to 1908 Population in 1 895 was
$46,108
48, ...
5.668
Population in 1890 was
Town Hall Notes—
8,000
1900 to 1918 Population in 1899 (est.)
,$10,300
48,
Bank.
National
Fourth
the
Boston
at
in
payable
18
INTEREST
5,500
48|
Street Loan—
.
School tax (average $3 per $1,000) additional.
POPULATION.— In 1890 the population of Hartford wa« 53,230
in 1880 it was 42.553; 1899 estimated at 77.000.
*
INVESTMENTS.
mVESTMJEjS^
INVESTMENTS.
TRANSMISSION ROPE.
TROWBRIDGE,
Whann & Schleslnger,
MacDoNALD
& NIVER Co.
MUNICIPAL BONDS,
DEALERS
MUNICIPAL
and
IN
CORDAGE
RAILROAD
I
S
Bank Bid?.
.
CEICAflO
.
BROADWAY
71
•
NEW
YORK.
MUNICIPAL BONDS.
Nuveen & Co.,
J ohn
INVESTMENT BANKERS,
Bank Bnilding,
Ist National
Correspondence
Devitt,
Cliicago.
121
solicited.
Reference, First National
Co., F. R.
8c
Bank
Bnilding,
MUNICIPAL BONDS.
Securities Netting from
3^
la salle street^
171
C.
to %i
Netting from 4 to
Send for our Investment Circular.
FARSON.
ifanlelpal Bonds.
18'J
15
8^.
WALL STREET NEW YORK.
Banker,
Dearborn 8tre»i
CHICAGO.
SPITZER &
[Established
CHICAGO.
R.GOODE &CO.
HIOH-ORADE WARRANTS
ALWAYS ON HAND.
M.
FULTON & CO.,
CO..
$41,000,000
Dividends paia out on
E
63 WAZIj street,
NEW
Market Report on
^-
application.
by wire or mail,
Quotations
Lake
City, Utah.
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YORK.
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20
ro
NASSAU STREET, NEW YORK.
Spitzer Building, Toledo. Ohio.
M. Smith,
SOUTH STREET.
AUBURN, NEW^ YORK,
Anetloneer, Appraiser
Makes a specialty of sellint;
and
NeKotiator
all kinds of Securities
Stocks and Bonds thoroughly advertised will brine buyers when it is known tne
hiKhesv bidder is the fortunate.buyer.
by
AUCTION.
GENUINE
WELDED CHROME STEEL AND IRON
Bound and Flat Bars and &-ply Plates and Anc)«»
FOR SAFES, VAULTS, Ac.
Cannot be Sawed, Cut, or
drilled,
and positlrely
Burglar Proof.
CHROME
STEEL,
WORKS,
Kent Ave. Keap and Hooper
ioleManTersintbeU.e.
Sis..
BROOKLYN.
N.IT
THE CHRONICLE.
1266
[\0L. LXIX,
\nuUtxs and ^roluetrs ©ttt of ^extr
CHICAGO.
^HICJBIGO^
Pm L A p E LIP m Pl^
&
Co.,
BONDS,
Bartlett, Frazier
Schwartz, Dupee
&
STOCKS AND
Co.,
9/IA/Jlf,
PROVISIONS and COTTON.
Stocks, Grain and Provisions,
WESTERN UNION BUILDING,
128148 JACKSON ST., CHICAGO.
2 Board of Trade,
CHICAOO,
Private wires to
T Ve-w
Street,
all principal
marketa.
Wew York.
•
^otrfe.
STAHL & STRAUB,
BANKERS AND BROKERS,
CHESTNUT
607
W.
E.
A. O. Slaughter
Members New York and Chicago Stock ExohaDgOB,
&
CHICAGO,
Co.,
Tran.sact a general banking business.
Allow interest on deposits
Members of the Philadelphia and New York Stock
Exchanges, and connected bv private wire with New
York.
W
O. HOPfMK.
U. S. HOPPMa,
Members of Philadelphia Stock Bxohanse.
PDUadelphla.
Wm.
ILL..
Ctalcago
Stook Bxchaiure and Cblcago Board of Trade.
John J. P. Odell&Co.,
BANKERS & FINANCIAL AGENTS
L. Lobdell,
Banker and Brokeri
SUBSCRIPTION PRICES.
The Rookery.
CHICAGO.
Edward
CHICAGO.
SOUTHERN.
Sproul & Co.
7 8 FOURTH AVENUE,
PITTSBURG, PA.
Henry
inMBlBS or THl
PHILADELPHIA STOCK BXCHANGB.
PITTSBURG EXCHANGE (8 MBMBBB8).
CHICAGO STOCK BZCHANGB,
CHICAGO BOARD OF TRADE.
&
Wyndham
Boiling,
BANKER,
PHILADELPHIA.
Long Distance Telephone.
Natnnal Bank. New
CINCINNATI.
&
W.
Co.,
E. Hutton
13 and 15 East Third Street,
CINCINNATI, OHIO.
GOVERNMENT,
MUNICIPAL,
ROMFiQ
^vylMlvO. RAILROAD,
{
J
]
.
&
Co.,
S.
Stephenson,
& Sons' Bank,
NORFOLK, VA.
SOUTHERN INVESTMENTS.
Davenport & Co.,
BANKERS AND BROKERS,
RICHMOB^D, VIRGINIA.
ST. LOUIS.
Charles hodgman.
John W.
& Hodgman,
300 North Fonrtlt
Street,
—
ST. LOUIS.
St. Louis,
BROKER AND DEALER
ST. LOUIS BONDS
AUGUSTA, GA.
SOUTHERN SECURITIES.
_
Mo.
IN
AND STOCKS,
Mayer,
W. Corner Third and Walnut
Streets,
CINCINNATI, OHIO.
MUNICIPAL BONDS.
Hlgh-Grade
County,
City,
Town and
School Bonds,
issued in leading prosperous States of the Union, eepeciallv adapted for safe and permanent Investment
For Estates and Trust Funds.
Irwin, Ballmann
&
Co.,
Broliere and Dealers in
Cincinnati Bonds and Stocks,
37 East Third
St.,
Cincinnati, Ohio.
PACIFIC COAST.
HKNUY
EUWABD POLLIT*
St. GOAJl,
Members Stock and Bond
Edward
Pollitz
Excharcre.
&
Co.,
STOCK AND BOND BROKERS,
Hawaiian Sugar Stocks a Specialty.
403 California
Street,
SAN FRANCISCO, CAL.
-
READE & BOWLER,
KOTANY,
•
Dickey,
BROKER,
BOND AND STOCK BROKERS,
&
1860.
Correspondence solicited and information furnished about Southern State, Municipal and Railroad Investment Securities.
Reference— Bank of New York, N. B. A.
INVESTMENTS.
Kdwakds whitaker.
established
INDUSTRIAL.
Seasongood
Bankers and Brokers
GENERAL BANKING, COLLECTIONS.
409 Olive Street,
TA.
1871.
PITTSBURG, PA.
M.
& 703 GIRARD BUILDING,
Broad and Ciiestnut Streeta,
702 »«
Exceptional facilities for dealings In all classes 01
Soathern Bonds. Loans on Collateral Seonrltlaf
QMOtlated.
Mottu, de Witt
Members N. Y. Stock Ezebange.
Whitaker
Stocks, Bonds and iDvestment Secarities,
BANKERS.
REFERENCE— Mechanics'
BANKERS AND BROKERS.
No. 209 FOURTH AVENUE.
T. Mellon
Members Philadelphia Stock Ezchanee,
York.
PITTSBURG, PA
Oldest Pittsburg
Co.,
Southern Securities,
Virginia-Carolina Chemical Co. Stock.
OORRESPONDBNT8
&
&
Stock Bzohanites
CLARK & HOLDEN,
1802.
1867.
of Baltimore Stock Exchange.
RICHMOND,
Bank of New York. N. B. A.
rirst National Bank of PhUadelpUa.
Whitney
Members
Sons,
BANKERS.
PITTS BV KG, PA.
ESTABLISHED
Wilson, Colston
New York
Phlla. and
316 Eaat Baltimore Street, Baltlmor*.
Investment and Mtscellaneons Securities a ipae
laity, and whole Issues handled.
NHW YORK STOCK BXCHANGB,
N. Hohiies
WILLLAM WILSON & SONS, EstabiUhed
"
Wilson. Colston & Co.,
MIJ1L.0IIIO.
PHILADELPHIA.
Members
PITTSBURG.
& Co.,
Smith
B.
HODRSB
Ras, Street Railway and other HiKh-Grade
Corporation Securities.
PRIVATE WIRES.
160.
BANKERS AND BROKBRS
STREET,
171 L,A SALIiE
Co.,
28 Sonth Third Street, Philadelphia
BONDS AD YBKTISED on the market lappUed »t
Telephone
Edwin
&
G. Hopper
STOCK AND BOND BROKERS,
Members New York Stock Bzchanfre,
New York and
St.,
PHILADELPHIA.
119-117 L.A 8AL.L.E STREET,
169 L.A 8AL.L.E STREET.
Prtrate wire to
Co.7
No. 139 South Fourth
BANKKRS AND BROKERS,
Ilia.
&
Clark
BANKERS AND BROKERS.
and Bonds Department.
Chlcas*.
PHILADELPHIA.
Ueneral Banking Business Transacted.
Investment Seomities Bought and Sold.
Interest Allowed on Deposits.
Members of Phtla. Stock Bzchanfre and connected
by direct wire with New York and other points.
Special attention iuTited to oar Stocks
Jamieson & Co.,
STOCKS— BONDS,
ST..
A
Ladd
&
Tilton,
Manufacturing Properties.
BANKERS,
We buy and sell manufacturlnK plants and act aa
Agonts for bankers in selling this class of property.
Appraisals and expert opinions.
21<i-i217 American Trust Building.
PORTLAND, OREGON.
CLEVELAND, OHIO.
Wm.
a.
Reade.
Geo. H. Bowlkh
rranaaot
BSTABLISHED in 1860.
Banktnc
a General
COIXICTIONS
GlWN
Baolaoaa.,
SPIOIAL ATTaiyTIOM
@FedFRASER