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Jill
I
.
ptmnrial
^'^""ai
/^f
flmmfrn^
Quotation
Supplement
Ifivestors
Supplement (guaneriy)
[Entered according to Act of Congress, in
VOL
tlie
Street Railway Supplement
(Monthly)
State and Cit^
year 1899, by the William B,
Dana Compant,
SATURDAY, DECEMBER
69
2,
Supplement (semiAnnuaj^
in the oflBce of the Librarian of Congress.]
NO. 1797
1899.
Week ending November
Clearings at-
PUBLISHED WEEKLY.
(smAmua\iy)
25.
1899
1899.
1898.
P. Cent.
1897.
1896.
Terms of Subscription— Payable
in Advance:
For One Year
$10 00
For Six Months
6 00
European Subscription (including postage)
1 2 00
European Subscription Six Months (including postage)
7 00
Annual Subscription in London (including postage)
£2 10 s.
Six Mos.
do.
do.
do.
£1 10s.
Above subscription includes—
The Quotation sdpplemext
Stbeet Railway Supplement
The Investors* Supplement
State and City Supplement
Terms of Advertising (Per Inch Space.)
Transient matter
$4 20 Three Months (13 times).. $29 00
"
STANDING business CARDS.
Six Months
(26
).. 50 00
" ).. 87 00
Two Months
(8 times).. 22 00 Twelve Months (52
I
New York
'...
Philadelphia
Pittsburs
Baltimore
Buffalo
Washington
Kochester
Syracuse
Scranton
Wilmington
Biughamton
.086,762,289
95,360,8741
31.615,8901
21.386,143
5,752,611
2,708,340
1,838.177
1,200,371
1,248,532
876,877
376,500
|
—
Total Middle...
Boston
Providence
Hartford
New Haven
SpriDgfleld
Worcester
London Agents:
Messrs. Edwards & Smith, 1 Drapers* Gardens, E. C, will take subscriptions and advertisements, and supply single copies of the paper
at Is. each.
WIIil.IAM B. DANA CO.TIPANY, Publishers,
Pine Street, Comer of Pearl Street,
Post Office Box 958.
NEW YORK.
Portland
Fall River
Lowell
New
Bedford
Tota New Eng..
Chicago
Cincinnati
Detroit
Cleveland
Milwaukee.
Columbus
Indianapolis
CLEARING HOUSE RETURNS.
Peoria
Toledo
The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, Dec. 2, have
been $1,619,061,180, against $1,772,416,160 last week and
$1,619,507,418 the corresponding week of last year. The occnrrence of the Thanksgiving holiday in this week of the
year accounts for the decrease shown.
Beturns by Telegraph
New York
$808,008,115
Boston
86,930.450
04,325,945
Philadelphia
Baltimore
Chicago
St. Louis
New Orleans
Seven
other
cities,
cities,
Total
14,091,413
5 days
6 dajs
all cities,
6 days
The
all cities
for week.
Springfield, 111
Lexington
Akron
Kal amazoo
Saginaw
Rockford
Springfield, Ohio..
Canton
San Francisco
Salt Lake City
1898.
P. Cent
$827,149,396
98,659,960
-2-3
—11-9
67,625,865
1S,143,949
-49
-22-3
Portland
Los Angeles
Seattle
Spokane
Tacoma
Helena
Fargo
Sioux Falls
Total Pacific
106,013,697
-121
Kansas City
29,647,549
-23-4
Minneapolis
8,407,116
11.904.774
-294
Omaha
$1,097,690,021
181,276,438
$1,190,145,190
177,972.487
-7-8
+1-9
$1,278,966,459
$1,368,117,677
340,094,721
251,389,741
-6-5
+35-3
$1,619,061,180
$1,619,507,418
-003
93,226,381
22,700,601
All cities, 1 day
Total
1899.
Evansville
Youngstown
Tot. Mid. West'n.
Week Ending December 2.
CtEAHINGS.
Grand Kapids
Dayton
St.
Paul
Denver
Joseph
Des Moines
Davenport
St.
Sioux City
Topeka
Wichita
Fremont
Hastings
Tot. other West.
St. Louis
the week covered by the New Orleans
above statement will be given next Saturday. "We cannot, Louisville
Galveston
of course, furnish them to-day, bank clearings being made Houston
Savannah
up by the various clearing houses at noon on Saturday, and Richmond
Memphis
hence in the above the last twenty-four hours of the week Atlanta
Nashville
have to be in all cases estimated, as we go to press Friday night. Norfolk
Augusta
We present below our usual detailed figures for the pre- Knoxville
Fort Worth
vious week, covering the returns for the period ending with Birmingham
Macon
Saturday noon, Nov. 25, and the results for the corresponding Little
Bock
Chattanoo£:a
week in 1898, 1897 and 1896 are also given. In comparison Jacksonville
with the preceding week there is a decrease in the aggregate
Total Southern..
exchanges of two hundred and twenty-nine million dollars,
Total all
the loss at New York being one hundred and seventyOutside N. York.
eight millions.
Contrasted with the week of 18fi8 the Montreal
total for the whole country shows an increase of 32-8 per Toronto
Winnipeg
cent. Compared with the week of 1897 the current returnp Halifax
record a gain of 60'9 per cent, and the excess over 1896 Is 80-8 Hamilton
St. John
per cent. Outside of New York the increase over 1898 Is 37-5 Victoria
per cent. The excess over 1897 reaches 52*6 per cent, and Vancouver
Total Canada
making comparison with 1896 the gain is seen to be 61*8 p. c.
full details of clearings for
1,249,126.604
141,670,599
6,954.800
2,187,511
1.472,815
1,304,022
1,393,531
1,159,341
1.255,440
553,732
449,143
158,400,934
140,761,109
16,435,600
8,856,566
9,829.910
5,677,622
5,475,200
3,003,823
2,067,736
2,086,702
1,100.993
1,127.457
847.366
279,624
414,941
441,618
392.600
381,294
895.788
324.163
279,449
223.446
835,664.457
68.748,978
16,643,316
16,546,693
4.313,347
1,676,828
1,606,238
980,682
923,906
662,735
283,200
948,050,380
100,333,875
4,926.100
-t-300
--38-7
652,151,030'
--900
15.713.663
15.872,630
4.150,094
- -29-2
--33-4
--61-5
--14-4
-(-22-4
-4-351
-4-823
-f32-9
-f31-8
--41-2
--41-2
1,688,211
1,335.533
1,276,043
1,264,501
1,292,358
800,484
420,955
452,212
-
-29-6
--10-3
--21-9
-(-10-2
-10-3
-I-56-9
+31-6
-0-7
60,527,.328
1.638,776;
1,425,815
917,123
946,921
609.290
256,900
745,209,570
83,508.799
4,637,400
1.819.328
1,246.735
1,198,093
1,206,983
1,174.533
861.435
636,328
391,684
96,681,318
87,559.425
10,879,900
5,705,621
5,578,549
5,194,450
4.313.000
2,392.777
113,790,272
97,546.965
10.872,400
6,617,734
7,497,656
4,719,869
4,574,700
2,465,450
1,474,826
1,444,353
1,117,351
732.235
778,706
241,411
354.951
290,050
267,000
259,966
334.926
245,150
179,01
219,689
1,609,888;
1.230,2771
800.0981
518,334
568.662,901
60,646,955
12,285,640
11,791,777
3,916,049
1,405,440
1,204.463
831,173
892,164
502,423
229.100
662,368.085
91,177,256
4,562,300
1,639,585
1,261,058
1,005.918
1.167,215
1,288.301
1,106,099
571.571
402.035
104,181,328
74,727,»71
10,215,350
5,038 911
4,810.565
4,006,053
2,769.100
1,601,557
1.381,860
1,204.092
649,730
452,547
283,5041
270,7001
316,829
215,000
286,055
282,165
288,873
125,547
158^1^
226,398
225,600
234,010
227,907
186.481
116,512
137,269
108,211,919
12,007,215
200,403,007
20,045,542
3.000,175
2,127,075
2,147,220
2,003,841
1,217,878
1,139 679
711,815
510.995
168,783
142,234,405
13.852.707
2,173.679
1.593,518
1.380,115
1,310,362
1,233,696
708,919
596,028
386,000
91,135
128,009,487
33.073.003
13,983,777
13,380.269
6,065,756
5.463,391
4.462,360
3,000,079
1.581,628
670.237
1,173,225
670.921
463,813
107,569
127.723
23,326,159
10,923,089
11,001,989
5,679,600
5.490.256
2,765,162
1,796,894
1,289.052
496,715
661,617
519,890
370,486
79,042
110,000
21,172,169,
1,521.095
1,467,902
959,451
497,781
480.474
501,317
544,321
116.371
67,000
18,162,927
10,443,360
10,648.325
4,678,539
4,775,163
2,062,575
1,186,037
900,000
508,654
759.617
446,947
401,053
66,218
98,528
10,014,060
7,617.615
8.594,624
4,629.005
1,285,767
963,683
705,756
400,000
394,651
390,000
251,560
35,345
71,190
51,131,348
41,183,792
27,422.909
8.020,546
5.322.797
4,616,500
4.978.674
3,048,559
2,418,666
2.619,351
1,306,441
983,351
1,086,120
825,599
432,149
644,739
-I-24-2
36,975.214
-f-21-9
-4-14-8
31,060.568
21.026.327
9,530.320
4,780.222
3,115,350
33,435,137
9.205,889
8,569.505
3.775,200
4,733,452
4,325.980
2 828,596
3.220,280
1,958,142
1,350,000
1,683,224
995,962
594,759
813,130
925.486
708,000
518,447
382,217
257,858
80,281,264
1,772,416.160
685,6.53,871
15,958,105
9,374.447
8.382,168
1,600.000
850.233
677,579
598,564
816,396
33,157.492
12,937.3591
1.901,0001
1,855,460
1.285,994
931,442!
659,5901
747,751
4eo,ooo!
250,906:
123,262
434,000
490,322
297,248
189,038
65,673,037
.334,258.045
498.593.588
14.939.864
7,223,661
2.312.856
-H57-3
-f28 6
•f36-0
24,527,973
11.161,529
5,859,660
3,786,200
4 091,364
3.040,430
1.850.641
2,538.268
1,347,633
1,018.890
970.142
839,979
414,182
1,130.735
450,437
777.000
485,803
257,510
181.695
+22-2
_+32-8
101,577.838
1,078,081
618,587
-1-375
536 037
670,465
645.952
777,244
28,166,710
-f61-0
—18-2
-49-2
-(-41-9
-
-17-0
-
-229
--49-9
-37 8
-
-55-0
-20 6
+3Tb
-I-261
-t-72 6
-(-63-1
-f37-5
-4-6-8
-I-29-8
-I-46-3
-I-89-1
+18-8
-7 3
64,530,075
449,426,808
11,304.967
6,799,612
2,883,357
990,589
580,344
544.177
3,271 740
3,267,381
2,157.802
2,299.431
1,309.516
1,206,896
938,408
879,188
413,404
468,776
481.688
325.271
217.768
195.130
B5.880.518
980.065,345
411.402,444
9.1«1.58ft
5.800.328
1.867.467
1.071,23*
564.662:
449,egv
-l-BO
-J-17-7
23.103.046
18,845,03«l-
THE CHRONICLE
1122
[Vol. LXIX.
harmoniously. There will be no alliance, but there
will be a maintenance of rates that will be of advanThis has been in some respects quite a stirring week
tage not only to the interests of those two companies,
notwithstanding since last Friday two holidays have inbut to all the trunk lines.
tervened (Vice-President's Hobart's funeral Saturday
and Thanksgiving Day Thursday), an intervention that
Another blow has this week been dealt by the
interfered more or less with business affairs.
Public
In the
•interest has, however, been kept alive and active courts at oppressive legislation in the West.
Hook
United
States
Judge
C.
Court at Topeka,
W.
some of the time by merely passing rumors of large
proportions, but at others by events of considerable has enjoined the so-called Court of Visitation in Kanimportance. What could be of wider moment than a sas from enforcing the Act of the State Legislature
Last December the Govreport on financial rei^form from the Republican House reducing telegraph tolls.
Caucus Committee appointed at the last session of ernor of Kansas convened the Legislature in extra
Congress, especially when added to that and made pub- session for the purpose of regulating railroad charges.
attempt was made to conceal the purpose of this
lic on the same day was a preliminary summary of No
The Populists were nearing the end
Comptroller Dawes's annual report suggesting substan- move.
T^6y had only a
tial changes in our national- bank-note system.
Of of their rule in that State.
a
days
of life left.
In January
1899
course it is a long road between the publication of few
these reports and the completion of legislation.
But new legislative body, of different political comIt was decided,
this is a first step towards the end sought, one taken plexion, was to come into power.
therefore,jto
directed
put
some
drastic
measures
after long deliberation, and consequently possessing a
significance and also a promise that it would not other- against the railroads and against telegraph companies
wise have. We have written on the matters covered by upon the statute books during the short lease of power
At the special session referred
these reports in a subsequent column and need not en- left to the old body.
to the moribund Legislature did the work expected of
large upon them here.
it.
A bill was passed abolishing the Board of Railroad
Another notable event was the advance of the Bank
THE FINANCIAL SITUATION.
of England rate from 5 to 6 per cent.
It is nine
years since the oflScial minimum last touched that
point; the occasion of the high rate in 1890 was
Baring Brothers' difficulties.
The reasons for the
present advance are obvious
they are expressed in
the declining character of the Bank's reserve and the
fact that the 5 per cent rate did not arrest the decrease. The immediate effect on our foreign exchange
market has been to advance the rates again. Easier
money here had already opened the way for that result,
while the unofficial discount rate at London during
the week had so far influenced our exchange market
as to check business and keep rates firm. The notable
-gain last Saturday of $6,964,225 by our Clearing
House institutions in their reserves, bringing the
:
Commissioners, which had not been sufficiently pliable, and creating the so called Court of Visitation, endowed with extraordinary functions. The jurisdiction
of this court was also extended to telegraph companies.
Judge Hook does not attempt to pass upon the constitutionality of the whole Act, not finding it necesHe
sary in order to determine the question at issue.
does, however, decide that the Court could not exercise the functions sought to be delegated to it, and
also that the telegraph rates which it was attempted
to enforce are non-compensatory.
He
says the proofs
adduced show prima facie that the maximum rates
for telegraphic service prescribed by the new law are
less than the cost of performing the service and are
therefore unreasonable and confiscatory, and that the
surplus up to 16,652,200 against a deficiency threatened enforcement of such rates would operate to
the previous week of $312,025, naturally enough deprive the telegraph company of its property without
led to easier money.
Besides,
as
the week has due process of law and would be a denial of the equal
progressed it has become evident that a fur- protection of the laws. He declares furthermore that
ther increase was likely to be secured this week. in creating the Court of Visitation the Legislature atFurthermore, Secretary Gage on Thursday extended tempted to confer upon a single body important and
the time for the purchase of the remainder of the substantial legislative, administrative and judicial
fconds (about $7,000,000) to December 23, unless the power to be exercised in the same proceeding and as
It attempted to confer
iull amount of $25,000,000 should be purchased before to the same subject matter.
that date.
The principal of those bought at the New full power to regulate the operation of railroad and
York Sub-Treasury up to November 30 was $9,731,200 telegraph companies and to prescribe schedules of
of the 4 per cents and $4,150,800 of the 5 per cents, rates and charges, which power is legislative and adIt also attempted to
ministrative in its character.
.making together $13,882,000.
confer upon the Court of Visitation the power to
Another matter which has excited a lively interest pass judicially upon its regulations and the reasonhas been the reports and rumors about an alliance ableness of the rates fixed by it, and to embody
between the New York Central, Baltimore & Ohio its determinations in decrees which it was authorized
and Pennsylvania railroads. The story as told by the to enforce by the appointment of receivers and the
daily press was so circumstantial as to lead many to a sequestration of the property of the companies. Such
belief in its truth, causing it to have no little influ- a law, he declares, is in contravention of the Constience on Wall Street. Later the evidence in its sup- tution of the State of Kansas, which inhibits the conport seemed to be a vanishing quantity.
The various ferring of inconsistent legislative and judicial powers
-interests that would naturally be informed on the upon the same body.
Moreover, a proceeding in the
subject have been very reticent regarding the matter. Court of
Visitation to determine judicially the
At the same time there appears to be good reason for validity and reasonableness of rates established by it
believing that an understanding has been reached in the exercise of its legislative functions, is not due
ibetween the Baltimore & Ohio and Pennsylvania process of law within the meaning of the Fourteenth
roads, whereby these two great properties, which trav- Amendment to the Federal Constitution.
erse very largely the same territory, will be operated
December
2,
THE CHRONICLE.
1899.]
1123
The returns of railroad gross and net earnings for
Money on call, representing bankers' balances, has
the month of October which have been made public loaned at the Stock Exchange during the week at 10
this week comprise some decidedly interesting re- per cent and at 3 per cent, averaging 6 per cent.
On
sults.
On the one hand we have the statement of the Monday the range was from 7 per cent to 5 per cent,
Milwaukee &
St. Paul showingjjwith an increase of with the bulk of the business at 6 per cent.
On
1249,234 in gross earnings an augmentation of no less Tuesday loans were made at 10 per cent and at 4 per
than $478,705 in expenses for the same month, while cent, with the majority at 6@7 per cent, and the
on the other hand we have the return of the Atchison higher rate, which was recorded in the last hour, was
Topeka & Santa Fe, reporting an expansion of $458,- reported to be due to the calling of loans by some of
215 in gross receipts, with an addition'of only $37,015 the banks preparatory to the December settlements.
to expenses.
Both
and both are
susceptible of easy explanation. The Milwaukee & St.
Paul is making extensive outlays for improvements
and betterments, and charging the cost to operating
expenses.
Per contrary, the Atchison Topeka &
Santa Fe had very extensive outlays of this description a year ago, making its expenses heavy at
that time; now, with this work completed, and comresults are reasonable
On Wednesday
the range was from 8 per cent to 3 per
bulk of the business at 6@7 per cent.
The lower rate was recorded after 2 o'clock, when
large amounts of money were loaned by institutions.
The higher rate, in the earlier part of
the day, was attributed to further calling of loans.
Thursday was a holiday. On Friday loans were
made at 7 per cent and at 5 per cent, with the maparison being with large totals, the further addition jority at 6 per cent.
Banks and trust companies
to expenses is naturally light.
There have been quote 6 per cent as the minimum for new loans.
quite a number of other statements for October re- Time contracts are in good demand and the supply,
ceived this week, and on the whole they are decidedly where acceptable collateral is ofiered, is liberal.
encouraging. Among the larger companies especially Lenders are, as a rule, indisposed to make concesdistinguished for good results may be mentioned the sions as to rates, and the business done is at 6 per
Canadian Pacific, with $395,874 increase in gross and cent for all periods from ninety days to six months on
$155,170 increase in net; the Southern Railway, with good mixed Stock Exchange security. Loans are
$414,728 increase in gross and 1175,806 increase in reported to have been made on choice collateral at
net; the Erie, with $373,042 increase in gross and 5^ per cent for four months.
The inquiry for com$101,378 increase in net, and the Cleveland Cincin- mercial paper is only moderate and the offerings are
nati Chicago & St. Louis, with $218,470 increase in not large for the season.
Rates are 5^ per cent for
gross and $140,982 increase in net.
The Reading sixty to ninety day endorsed bills receivable, 5^@6
Company shows for the Railroad an addition of $303,- per cent for prime and 6@7 per cent for good four to
125 to gross and an addition of $20,811 to net, while six months' single names. Banks having large corresthe Coal & Iron Company has increased its coal sales pondence note a slow return movement of money
over a million dollars and improved its net results by from the interior.
cent, with the
$287,612.
The most
striking
exhibit of course
as hereto-
is,
the Pennsylvania Railroad. Here we see
reflected at once the wonderful activity of our industries, of which this great system is typical, and the
fore, that of
company's policy of employing periods of large earnings in making further comprehensive improvements to
its property and paying for the same out of revenues.
On
England minimum rate of discount
was advanced on Thursday to 6 per cent from 5 per
The
cent, at which it had stood since October 5.
cable reports discounts of sixty to ninety- day bank
The open market
bills in London 5|@5| per cent.
rate at Paris is 3^@4 per cent and at Berlin and
Frankfort it is 6^ per cent. According to our special
cable from London the Bank of England lost £782,746
bullion during the week and held £31,130,689 at the
The Bank
of
the lines directly operated east of Pittsburg and
Erie the gain in gross receipts, is reported
at
$974,500 and on the lines west of Pittsburg close of the week. Our correspondent further adat
making together no less
$657,100,
than vises us that the loss was due to the export of £930,000
Argentine Republic
does not include the lines controlled but separately and £25,000 sundries), to the import of £12,000
operated, on which there have been further large bought in the open market, and to £135,000 net regains.
At the same time, in evident pursuance of ceived from the interior of Great Britain.
the policy mentioned, the expenses have been in
The foreign exchange market has been firm and increased in the same liberal way; indeed, on the lines
west of Pittsburg, the addition to expenses has been active this |week, and chiefly influenced by the unheavier than the increase in gross earnings, being ofi&cial discount rate at London which, early in the
$659,800.
Adding to this latter the augmentation of week, seemed to foreshadow an advance in the Bank
This appeared to check business, and
$682,000 on the lines east of Pittsburg, we have a minimum.
total augmentation in expenses for the month of $1,- little beyond the usual counter transactions were
$1,631,600.
This
for
is
a
single
month,
and
(of
which £905,000 were
The
341,800, as against the $1,631,600 gain in gross earn-
noted.
ings.
short sterling
Lines East of
Pittsburg.
Ociober.
1898.
1897
9
1896.
$
1895.
$
Gross earninKS
Operat'g expenses
6,976,278
6,001,778
5.990,778
5,596,878
4,439,178
3,757,178
3,820,878
3,539,278
6,263,278
4,002,278
Net earnings..
2,537,100
2,244.600
2,175,900
2,057,600
2,261,000
1^
1894.
$
5,839.998
3,642,832
2,197,166
Jan. 1 to Oct. 31.
Gross earnings
59,437,884 54,040,584 52,785,284 51,657,848 53,109,948 48,084,639
Operat'g expenses 41,896,377 37,008,377 35,878,477 36,888,5.35 37,135.835 33,201,304
•
Net earnings.
firm tone was principally observable in
and
ling was steady.
1899.
17,541,507 16,972,207 16,906.807 14,769,313 15,974,113 14,883,335
bankers'
bills
to the
in cable transfers, while long ster-
There have been some offerings of
against arbitrage purchases of stocks for
European account, but the demand seems to have
been sufficient promptly to absorb them. Commercial bills are not in plentiful supply, and those which
are offered
command
The
full prices.
intervention of
the Thanksgiving holiday tended greatly to limit
business on Wednesday, and there was a disposition
to await the action of the
Bank
of
Eagland Governors
THE CHRONICLE.
1124
[Vol. LXIX.
regarding the Bank discount rate. Gold arrivals at
CAUCUS
BILL AND'
the Custom-House for the week were $34,397, of
DAWES'S
which $27,491 were from London.
SUGGESTIONS.
Nominal rates for exchange were 4 83 to 4 82^
The currency has been made the prominent feature
for sixty day and 4 86^ to 4 87 for sight on Monday
but thereafter the sight rate was uniformly quoted at of the week by the simultaneous publication of the
4 87. Kates for actual business opened on Monday text of the measure prepared by the House Kepubliunchanged, compared with those on Friday of last can Caucus Committee appointed at the last session of
week, for long at 4 81 @4 81^, while sight bills and Congress, and also of a synopsis of the report to be
cables were advanced one quarter of a cent to 4 86@ made to Congress next week by the Comptroller of the
4 86i for the former and 4 87@4 87i for the latter. Currency, Charles G. Dawes. The Comptroller's sugThe tone was firm and business was small, so continu- gestions relate of course wholly to bank note issues
ing on the following day.
There was no change in on the other hand the Caucus Committee's report is a
the tone on "Wednesday and the market appeared to broad measure of financial reform, making gold the
be in a state of uncertainty regarding the official dis- legal standard for the payment of all obligations;
THE
CURRENCY
COMPTROLLER
BANK NOTE
;
Thursday was a holiday. On Friday the public and private not to be construed, however,
market was firm for short and for cables at an ad- as affecting the present legal tender qualities of the
vance of one-quarter of a cent, while long was un- silver dollar, subsidiary and minor coins, paper curchanged. The following shows daily posted rates for rency of the United States and national bank notes.
As these two documents appeared on the same day,
exchange by some of the leading drawers.
Wednesday, and as the caucus bill deals very sparDAILY POSTED BATES FOB FOBEIQN BXOHANQB,
ingly with the bank note question, having in it only
a
few features, one or two of which we think would
Fri.,
MON., TUKS., Wed., THUR., FBI.,
Nov. 24. Nov. 27. Nov. 28, Nov. 29. Nov. 30. Dee. 1.
need modification if Mr. Dawes's proposals were fol82
82
82
82
(60davs 4 82
Brown Bros
87
87
87
87
Sight..
4 86^
lowed, the two reports would seem to be almost in60 days
4 82^
82!^
82^
8214
Baring,
§2^
tended as parts of the same plan.
87
87
87
87
Magoun &Co.. Sight..., 4 87
82^^
82
82
82
60 days. 4 82«
Bank British
Treated in that manner the defects in our financial
87
87
87
87
No. America... Sight.... 4 87
>
82
60 days. 4 82
82
82
82
Bank of
situation
are all covered and a remedy for each is
87
87
{Sight.... 4 86}4
87
Montreal
86«
(flOdays.
4
82
82
82
Bank
82
82
Canadian
Hi
proposed. We do not mean that we believe Mr.
87
87
87
87
ol Commerce.. {Sight.... 4 86
o
s
82
82
82
82
Heidelbach, Ick- (60 days. 4 82
Dawes's currency plan is an ideal measure. It is, how87
87
87
elheimer & Co. {Sight...,
86J^
60 days. 4 82
82
82
82
82
ever, the best device we have ever read for giving to a
Lazard Freres...
count
rate.
;
!
5
i
5
^
4
5
{Sight,..,
Merchants' Bk.
of Canada
60 day
.1 Sight...
4 86!^
4 82!^
4 86>6
87
82«
S6H
87
82
87
87
82
87
87
87
82>^
''bond "-secured currency a certain degree of elasAVe should much prefer, if the field was an
open one, to have a currency wholly built upon bank
On no basis other than that can a system be
assets.
secured that will prove sensitively responsive to commerce and perfectly automatic in its working. But
we are led to believe that the present Congress is not
ready for so radical a change. It is very possible,
therefore, that Mr. Dawes's idea can, with perhaps
one small amendment, be utilized so as to bridge the
immediate difficulty confronting business interests.
Certainly if the caucus bill could be changed and itssuggestions developed so as to provide an elastic
currency to take the place of the various kinds we
now have (which, with the exception of bp-nk notes, the
action of the Committee's recommendations will tend
to retirt), nothing but praise could be awarded it.
We have said that Mr. Dawes's plan, with one
amendment, would probably bridge the present currency difficulty. The special difficulty which we refer to is obvious
it is rigid inelasticity, of which all
In this particular noof our present systems partake.
observer can doubt after the experience of 1899 the
absolute need which exists in the United States for a
new device to take the place of all existing paper
money arrangements. Every one must be convinced
ticity.
The market was firm on Friday, with rates for
actual business 4 81@4 81^ for long, 4 86^@4 86|
for short and 4 87i@4 87^ for cables. Commercial on
banks 4 80^ @4 80f and documents for payment 4 79|
@4 81:^; cotton for payment 4 79|@4 80, cotton for
acceptance 4 80i@4 80f and grain for payment 4 81@
4 81i.
The following statement gives the week's movement
of money to and from the interior by New York
banks.
Wuk EnMng
December
1899.
1,
Beceived by
Net Interior
Movement.
Shipped by
N. T. Banks. N. Y. Banks.
•
Currency.
Gold
$3,609,000
932,000
liOSS.
811,000
loss.
$63,000
121,000
$4,357,000
$4,.541,000
Loss.
$184,000
$3,.546,000
Total gold and legal tenders.
With the Sub-Treasury operations the
result
Out of
Banks.
Bank
Week Ending December
1,
Into
1899.
Banks.
Banks
interior
movement, as above
Sub-Treasury onerations
Total gold and legal tenders
The
$21,957,000
$18,841,000
Loss.
Gain.
Holdings.
$184,000
3,300,000
Gain. $3,116,000
amount
of bullion
European banks.
November
Bank
$4,541,000
14,300,000
following table indicates the
in the principal
Net Change in
17,600,000
$4,357,000
is:
to-day, while
from the
December
30, 1899.
1,
Silver.
£
England....
France
Germany.
..
Russia
Ao§t.-Hung'y
Spain
Italy
Netherlands..
Nat.Belg'm...
Total.
Oold.
£
£
Silver.
Total.
£
31,130,689
31,130.689 32.189.673
82,189,673
76,507,859 46.765,929 122,263,788; 73,250,108 48.668.150 121,927,258
24,064,000 12,708,000 37,370,000 25,508,000 13,140,000 88,648,000
88,482,000 4,801,000 91,283,000 98,288,000 3,580,000 101,868,000
38,327,000 12,641,000 50,868,000 36,592,000 12,467,000 48,059,000
13,600.000 14,123.000 27,723.000 11,062,000 6,457,000 17,519,000
15,408,000 1.491.000 16,899,000; 14,890.000 2,293,000 17,183,000
4,315,000 6,694,000 11,009,000
3,660,000 5,856.000
9,516,000|
2,963,000
1,482.000
4,446.0001
2,932,000
we
are struggling to extricate
fatal collapse
of
ourselves
a speculation engendered
1898.
o)
Gold.
—
1,466.000
4,398,000
Tot.this week 291.742,548 99.755.929 391,498,477|298,035,781 94.766,150 392,800,931
Tot. prev. w'k 289,908,708 98.905,788 388,814,4981298,889,443 94,463,479 303,352,922
by a congested currency, that to preserve a healthful
state of business affairs we need a system which will
expand when the uses for circulation have multiplied.
Remember, though and this is the important thought
which so many omit from their calculations that a
—
—
currency to have the power to expand when trade activities broaden must also have the factdty to contract
as those uses lessen.
currency we have to-day
fixed as to the amount in circulation.
All the
is
substantially
The one kind
December
3,
THE CHRONICLK
1899.]
that can in any degree contract and expand
tional
bank notea; but the
standing, as
response
the
price
to
total of
na-
is
those notes out-
we have often shown, never changes
commerce but only in response
of
market value
the
underlying
bonds.
high
When
save
it
1125
for use at those periods of the year
are to be moved,
and
when crops
when
in those periods of panic
most valuable both to the banks and the business
to public as a means of assisting the general liquidation
the of credits." These remarks show an intelligent conpays ception of the most serious currency defect we are at
in
it
is
it
bonds is so
the holder to sell them and contract the currency, he present suffering from, as well as great cleverness in
sells them and sets in motion the machinery for the re- devising an ingenious method of relief.
Taking the tax
tirement of the notes; and this, although at the moment off of 90 per cent of the issues will in all probability
commerce may have enlarged need for them in moving lead to a material increase in the amount of untaxed
crops or facilitating a cycle of business activity.
On notes in circulation. That increase is a desirable rethe other hand, these notes may increase when there sult, we might say a necessary feature, when making
is literally no call for more currency; they have mul- the other changes in the financial reform the Caucus
tiplied in times past on occasions of business in- Committee have so wisely proposed.
But to stop
activity and money stagnation simply because credit where that committee does, would leave another presswas disturbed, bonds were low and it paid banks to ing want unprovided for. We are indebted to Mr.
buy bonds and take out additional circulation. To Dawes for seeing that need and contriving so simple
perpetuate such a note arrangement as that is simply a remedy.
to invite trouble.
An amendment we would propose to Mr. Dawes's
No one has ever advanced an
argument to support it, except that the note in any- plan which would add to the efficiency of his device
one's hands was safe.
To be sure, safety in a cur- would be to remove from the additional 10 per cent of
rency device is an essential quality, but in that re- currency allowed on the bond the legal tender featstricted sense it is not a primary quality.
There are ures the bank note now possesses. Our readers are
other features which, in providing a note contrivance, aware that national bank notes are a legal tender for
take precedence, and when met, safety not only certain public debts and for dues and obligations beto the note- holder but also to the business of the tween and owing to national banks.
To eliminate
whole country will likewise have been attained.
those features would greatly facilitate the withdrawal
How does this feature of the Caucus Committee's de- of the notes from circulation when the emergency
vice meet the occasion? It proposes (1) that banks which brought them into being was passed.
We
on depositing bonds to secure circulation may obtain think every one will see that no quality should
notes to the par value of the bonds, instead of 90 per be added to that special
10
per cent issue
cent as now; (2) that such institutions shall hereafter which in any degree could tend to retard its
be relieved from the tax on circulation, and that a tax of speedy cancellation.
It should have a distinctive
one-tenth of one per centum on the value of the bank's color, or some mark that would make it easily distinfranchise be substituted; (3) that with the sanction guishable, be freighted with this heavy tax, and have
of the Secretary of the Treasury banks may be organ- no power of locomotion except the emergency.
AVe
ized with capital of not less than $25,000 in any place repeat what we have said above, that there can be no
having not to exceed two thousand inhabitants ; (4) emergency elasticity or expansion except coupled with
that the legal tender features of the national bank speedy contraction when the incentive that gave the
note be continued.
Here, it will be seen, is an op- note its birth is passed. The entire body of national
portunity and inducement for bank note expansion bank notes would have its tendency to gravitate toon a large scale if United States bonds do not go up wards the issuing bank when out of use increased,
in price under the stimulus of this extra demand. and the disposition to collect at the trade centres and
The expansion has a two-fold inducement— (1) the foster an unhealthy speculation lessened, if these legal
depositor of bonds with the Treasurer gets the par tender features were wholly removed.
We cannot see
value in currency instead of 90 per cent as now, and why they are retained.
Eemove the tax by all means,
(2) the profit to the bank of the currency is increased and in that way make the note privilege profitable,
because the tax on it is taken off. Granting that the but do not, we urge, leave an attachment to the note,
price of United States bonds does not advance, these the tendency of which is to make interest at our leadprovisions would obviously yield an enormous increase ing trade centres abnormally low, driving gold out of
in the notes afloat, with the door as now shut to con- the United States and stimulating wild stock specutraction until the underlying bonds should advance lation.
The industrial interests of the entire country
80 high that bank note issues again became unprofit- have to suffer for it.
of
that
able.
With such a prospect
in
view, one turns with a
sense of relief to Comptroller Dawes's proposal.
His
suggestion differs in two important particulars.
In
the first place, he proposes while extending the currency privilege granted on the securities deposited
THE ANGLO- GERMA N ENTENTE.
Two noteworthy speeches
of last Thursday, by diplo-
mats in a confidential and responsible position,
may
be accepted as confirming belief in some novel and
highly significant developments in international politics.
An understanding between the Teutonic and
from 90 per cent to the par of the bond, only to take
the tax off from the present 90 per cent of the issue; Anglo-Saxon races, Mr. Chamberlain said at Leicester,
and in the second place he suggests an increase in "might do more than any combination of armies to
the tax to be laid on the added ten per cent allowed, preserve the peace of the world." Great Britain's
from the present 1 per cent to 2 or 3 per cent "natural alliance in Europe," he added, "is with the
per annum for the time used.
The object of great German Empire." "I have no fear," said
these changes is obvious.
Putting so large a Ambassador Choate on the same day at London, "of
tax on the
additional
10
per cent
will,
to any quarrel between the three greatest commercial
use Mr. Dawes's own words, "tend to prevent nations England, Germany and the United States.
its unrestricted use under normal conditions and to How can we ever have any such dispute while the
—
THE CHRONICLE.
1126
[Vol. LXIX.
German blood continues to flow in Emperor William telegraphed to President Kriiger on
our veins, and while New York and Chicago stand January 3 1896, immediately after the Jameson raid,
among the greatest German cities in the world?"
'*that, supported by your people, and without apgreat stream of
These speeches are rendered infinitely more sig- pealing for help to friendly Powers, you have sucnificant from the circumstances of the time. In com- ceeded by your own energetic action against the
mon with the most experienced European observers, armed bands which invaded your country as disturbwe are inclined to accept the Kaiser's visit to his ers of the peace, and have thus been enabled to reroyal relatives in England, which came to an end this store peace and safeguard the independence of your
week, as an event of real political and diplomatic country against attacks from without."
importance. This, it is true, is by no means the
Now there was nothing in the sentiment of this
first time that the German Emperor has visited Eng- message in which any intelligent and well-meaning
land.
It is also a fact that the visit this year has citizen of any nation might not have concurred.
It
been somewhat less formal and public than usual. It contained nothing, so far as wishes went, to which a
was officially given out, in advance, that the trip was law-abiding Englishman could not have subscribed.
a family matter a grandson paying respects to his But the mere fact that it was sent by a Continental
grandmother and relatives. The entertainment pro- sovereign so far transgressed the etiquette of diplovided for the visitor has not differed materially from macy, and the reference to the "help of friendly
that which the guest to an English nobleman with a Powers" was so pointed, that the message was
country estate would look for. The Kaiser has shot instantly accepted by the whole world as a gauntlet
pheasants in the Windsor Park preserves, has dined flung down gratuitously before the British Governquietly with his relatives and with a few dignitaries of ment.
The German Emperor's name was hissed at
He has not appeared formally in public and public meetings in Manchester and elsewhere. The
State.
has consistently declined such invitations as that to a soberest portion of the English press, while wholly
Mansion House banquet. As compared with the os- disapproving Dr. Jameson's unwarranted undertaking,
tentatious reception extended to the Czar at Paris or joined in the intimation that one step further signito President Eaure at St. Petersburg, the Kaiser's visit, fied Anglo- German war.
The mobilizing of the flyto the superficial view, had small significance.
ing squadron at Spithead and its rapid despatch to
But two circumstances connected with this in- sea was an immediate consequence of the German
—
formal
visit of
the
German Emperor lend
it
a politi-
by any exchange of courtesies between the chiefs of the French and Eussian
governments. First, Emperor William makes his visit
to England when England is engaged in war, and in a
war, moreover, with a government which not long
ago was looking to Germany for encouragement.
Second, the Kaiser's visit occurs at a moment when it
is understood that a formal treaty, involving friendly
partition of territory, has bound the two nations in a
virtual compact of friendliness.
The acceptance of
English hospitality at this juncture means, in the
view of experienced diplomatists, not only that Germany will not obstruct or interfere with Great Britain's plans in the Transvaal, but that arrangements
cal significance not enjoyed
incident.
The Emperor himself apparently took counsel of
the events in this very episode of 1896. But as recently as 1898 German opinion, German diplomacy
and German naval policy were united in what
was
virtually
a
demonstration
hostile
to
Great
The whole European diplomacy prior to
and during our Spanish war was commonly accepted
as meaning. Germany pitted against Great Britain.
Britain.
Admiral Diedrichs' action in Manila Harbor was as
distinct an indication of Germany's attitude towards
England as it was of lack of sympathy with the
United States. Admiral Dewey's somewhat famous
response, when asked what England would have done
if the German Admiral had gone beyond the Amerifor future friendly relations in the foreign policy of can ultimatum, was that nobody knew except the
both States have been cemented.
English commander and himself, and this summed
It is indications of this sort which lend importance up the whole situation; for nobody had any doubt
to visits exchanged by rulers of foreign Powers.
In whatever as to the meaning of the utterance and the
many cases the significance of such formalities is light which it threw on Anglo-German relations.
We do not doubt that the Kaiser's visit to England
overestimated. But the point to consider always is
that a European sovereign is not altogether a free is a virtual notification that this posture of affairs is
agent, any more than the head of a great corporation, ended.
The present attitude of the German Governand that he would certainly be restrained from mak- ment is equally expressed by the amicable Samoan
ing such demonstrations unless reasons of State ex- treaty, and, in its way, by the Emperor's impulsive
isted to warrant them.
Emperor AVilliam, whatever reference last March, in his singular cable message to
his personal desires, would have been as powerless to Mr. Rudyard Kipling on the recovery of that writer,
make a personal visit to London in the spring of 1896 in which the sender of the message referred in terms
as the Czar would have been to journey to Paris in to the "deeds of our great common race."
Our great
the autumn of 1853. The fact that each sovereign common race could hardly, under the circumstances,
is at liberty to do to-day what he could not have done mean anything but Germany, England and the United
at another period is as plain an index to changed in- States.
ternational relations as if formal treaties of friendWithout attempting to review the long and checkship had been published.
ered diplomacy which has had a hand in this result, it
In the case of Germany, the incident is the more is enough to say that no more encouraging developstriking from the fact that it marks a recent reversal ment, and none more calculated to make in the long
of policy.
Not quite four years ago, the Kaiser was run for the peace of nations, could be imagined. This
personally responsible for a communication to a Gov- is true for several reasons, the chief of which is that
ernment so peculiarly placed with regard to England both England and America are committed to the genthat his message was taken as an insult to the British eral policy of peace and are estopped from the kind of
nation.
"I express my sincere congratulations," diplomatic entanglements which sometimes make a
December
THE CHRONICLE.
2, 1899.]
1127
There have been period furnishes a complete refutation of such a
eminent British statesmen who reasoned that Eussia, charge. " How does this witness," he says, ''reconnot Germany, was England^s natural ally, because cile this statement with the fact that during that detrade relations largely govern political afl&liations of cade (say from 1877 to 1887) the population of Kanmodern times, and because, whereas Germany is sas City increased from 58,000 to 156,000 and that of
England's rival both in the investment of capital Omaha from 25,000 to 110,000, and that not only
abroad and in the export of goods to competitive these cities, but the whole Missouri Valley and the
foreign markets, Russia needs the capital which Eng- States of Kansas and Nebraska grew and waxed fat
land can provide and raises the food products which amazingly?" The service performed by American
England needs. There is force in this argument, but railroads is admittedly the cheapest in the world a8
it only emphasizes the conclusion that an Anglowell as the best, and no pool, however restrictive, can
German understanding, based on other than com- change the general laws of competition. Mr. Ripley
mercial motives, is a happy development of the well says that no greater economic blunder can be
situation.
With all their causes of friction on committed than the fostering of free and unrethe
north
frontier
India,
of
the
mutual stricted competition among carriers by rail it tends
needs of England and Russia, based on the to the aggrandizement of the few and the submerging
adaptation of each to the other in peaceful com- of the many, and that portion of the Inter-State law
merce, are
a strong guaranty of peace.
Bat a which so unwisely prohibits pooling has done more to
stronger guaranty of general peace was to be found concentrate business in few hands and to drive out
in friendly relations, sentimental though their basis the small trader than could have been accomplished
might be, between England and the State whose in- in a century of the old methods.
terests were bound to hers by no such commercial
Mr. Ripley exposes the fallacy underlying the talk
ties.
It may moreover be recalled as a significant about trusts and monopolies as applied to railroad
modern instance that relations between the United pooling, and shows that such comparisons result from
States and England have been most dangerously the failure to differentiate between the railroad instrained, twice in the last four decades, at the very dustry of the country and other purely commercial
moment when the mutual commercial needs of the enterprises. The demand of the railroads that they
two peoples were most unmistakable.
be permitted to charge reasonable rates is[treated as if
In the Samoan settlement itself, which has served it were on a parity with a demand for the legalization
The country
to bring about this fortunate situation, we can see of a trust in an article of merchandise.
never
to
or
regulate
assumed
dictate
to
the price
cause for nothing but congratulation. Brought into has
the matter by accident, the United States retires of any commodity except railroad transportation. If
with dignity and with substantial advantage. We the supreme authority undertakes to limit the revehave it as the judgment of experienced diplomatists nues of a private corporation, it obviously owes that
As
that title to the harbor of Pago- Pago is worth vastly corporation something in the way of protection.
more than possession of the entire archipelago; which matters now stand the railroads are limited in charges,
is indeed a responsibility that we are happy in escap- forced to compete, and forbidden to combine for proing, and which, except for the mere prestige acquired tection, though all the world may combine against
It is considered legitimate and praiseworthy
in the Pacific, has absoutely no compensating ad- them.
for the employees of railroads to combine to foice up
vantage.
wages, and a crime for the railroad to combine to
THE MATTER OF RAILWAY POOLING. maintain the rates which the Government holds to be
One of the subjects which will no doubt receive reasonable. The railroads are taxed more heavily
attention at the hands of the coming Congress is the than any other interest, and accorded nothing in requestion of legalizing railway pooling.
This gives turn except the eo-called right of eminent domain,
interest and importance to anything bearing on the which being interpreted, Mr. Ripley facetiously says,
matter.
Two of the prominent officials of the Atchi- means that they can force a man to sell his property
son Topeka & Santa Fe Railway, namely President at two to three times its value. He concludes with the
E. P. Ripley and Second Vice-President Paul Morton, statement that the permission to pool is asked, not as a
have just made valuable contributions to the discus- favor but as a right as being not a cure-all, but as the
sions of the subject. Vice-President Morton's remarks best known remedy for discrimination as between indiwere made in an examination before the Industrial viduals and localities, which is to-day and always has
Commission and President Ripley's observations were been the worst and practically the only evil with
called forth by some testimony adverse to pool- which the American railroad system can be charged;
ing given before this same Congressional body.
Both an evil which can never be removed by laws, however
men have evidently given the subject much thought drastic, but which can be largely done away with by
and study, and they manage to present the argu- removing all incentive to it.
ments in favor of allowing the carrying interest to
In much the same way Vice-President Paul Morton
enter into this form of combinations with much force elaborates the points in favor of pooling, though his
and great clearness.
argument is a more extensive one and embraces many
Mr. Ripley points out that the statement that rates questions besides pooling. He lays stress on the fact that
in this country ever were or ever can be too high the effect of rate wars and unrestricted competition is
per se is absolutely without foundation. Answering injurious to the shipping community, the railroad emtreaty the forerunner
of
a
war.
—
—
the assertion of one of the witnesses before the Com- ployee, as well as to the carriers themselves. Stability
mission that the old Southwestern Traffic Association in freight rates is just as essential as unfluctuating im-
had been " a vampire which for
a decade sucked the port duties.
Violent changes in rates of transportablood of the commerce of the Missouri Valley," he tion are always accompanied by commercial distress
shows that the wonderful growth which the section of on the part of merchants and others who have been
the country referred to experienced during that unfortunate enough to have already laid in their stock
life
THE CHKOJSJCLE.
1128
When
[Vol. LXIX.
merchants are 2,353,009 bales. The aggregate for the three months
either forced to strain their credit by buying more of 1899 is 4,475,394 bales.
OVERLAND MOVEMENT TO DECEMBER 1.
than they want, or they have the humiliation of seeing
rates
The
others who have availed themselves of the low
gross shipments overland have been greater
The during the month than in the like period of the preselling goods for less than they can with profit.
chief object of the Inter-State Commerce Law was to ceding year, reaching 337,112 bales, against 348,898
prevent unjust discrimination between individuals or bales last year, 327,943 bales in 1897, and 228,696 bales
communities. In prohibiting pooling the same law in 1896. The season's total is now 90,974 bales more
went a very long way in obstructing the result most than in 1898 and 88,695 bales greater than for 1897.
wished for.
Legalized pooling will come nearer The net overland for November is also heavier than
creating stability in rates than anything yet proposed. for the month of 1898 having been 268,065 bales,
It would put a premium on honesty and make it against 220,390 bales, and there is an increase of
of goods.
rates are demoralized
espensive for the railroad company that cuts a rate or 23,860 bales compared with 1897, when the aggregate
pays a rebate, and Mr. Morton urges that it is in the was 244,205 bales. Presented in our usual form the
interest of every shipper who wants nothing but results for the past three seasons are as follows
OVEBLAND FSOH SEPT. 1 TO NOV. 30.
equality in freight rates.
:
Legalized pooling will likewise afford protection to
the railroad investor. About one-fifth of the wealth Amount thipped—
Via St. Loals
of the United States is tied up in railway securities,
and this enormous property ought
and equitably treated. Then, too,
to be reasonably
legalized pooling
ought to result in preventing a redaction in the
wages of ^the railroad employee. There are in the
neighborhood of one million men directly engaged in
the transportation service. It is of no small importance^ that the sources of income of these men be
not impaired.
Furthermore, legalized pooling will
give the small town a better chance to grow.
There
are already sufficient magnets in our large cities to induce the people from the country to leave it without
putting the small places at a further disadvantage because of discriminating rates.
Mr. Morton states that he is not in favor of Gov-
ernment establishing maximum and minimum rates,
and the reason isjjperfectly plain. It is obviously
unjust to fix maximum transportation charges unless
at the same time maximum costs of wages, rails, ties,
1899.
Via Cairo
VlaPaduoah
Via Rook Island
Via LoulBvllle
Via Clnolnnatl
Via other roatoB
Shipped to mills, not Inoladed abovf
.
Total ?roBB overland
thipmentt—
Overland to New York, BoBton, &o...
Between interior towns
OalveBton, Inland and local mlUs
BTew Orleans, inland and looal mills...
aioblle, Inland and local mills
Savannah, Inland and local m\\\n
Oharleston, Inland and local mills.....
9. Carol'a ports. Inland and looal mills.
Virginia ports, inland and looal mills.
1897.
1898.
350,219
105,310
6,206
5,851
89,965
58.798
62,537
4,619
307.843
127,223
6,013
25,888
40,917
32,765
47,138
4,744
329,506
134,118
5,202
14.560
29,607
30,873
46,247
4,697
683,505
592,531
594,810
76,949
19,603
3,036
163.442
7.594
1,060
3,950
4,522
110,370
8,593
1,183
4,540
2,140
183
1,097
O-.duct
16,841
11,993
12
749
403
215
900
5,118
5,530
1,329
Total to be deducted.
134,704
187,213
132,760
Leavtni; total net overland*..
548,801
405.318
462,030
325
This total includes shipments to Canada by rail, which since
September 1, 1899, amounted to 28,471 bales, in 1898 were 24,061
bales, and in 1897 were 31,994 bales.
*
RECEIPTS, EXPORTS
AND SPINNERS' TAKINGS.
and other supplies are arranged for. This is a
Receipts at the ports for November have been less
requirement of course which no one would urge the than in the corresponding month of any year since
Government to assume. The situation at present is 1885 only excepting 1895. They have reached 1,091,that after several years of depression the railroads 662 bales, against 1,861,619 bales last year and 1,776,find themselves with the lowest published tariffs that 907 bales in 1897.
The outward movement of
ever existed. These have been caused by hard times cotton has been comparatively light in Novemand light business. On the other hand, the revival of ber this year, the total foreign shipments having
trade has resulted in an advance in prices of all kinds been only 747,138 bales against 1,398,505 bales
of material.
Steel rails have doubled in price, and a year ago and 1,278,562
bales
in 1897, and
all articles of iron have made a similar advance. for the season to date the aggregate exports have
There has been an increase in the cost of all the sup- been 1,989,476 bales, or 830,598 bales less than for the
plies a railroad uses, and it is estimated, if the pres- corresponding period of 1898.
Contrasted with 1897
ent prices are maintained, that the addition to oper- there is a loss of 610,176 bales. Our usual table of
ating expenses on that account, Mr. Morton states, receipts, exports and stocks is as follows
will aggregate $300 per mile per annum for the
Hovtment from Receiptt Receipti BXPORTED 8IN0K 8BPT.1. 1890 TO- StoekB
railroads in the Western country.
Hence he urges Sept. 1. 1899, to •<nc« since
Nov. 30.
Sept. 1 Sept. 1, Oreat
7otal.
Nov. 80. 1899.
Frane«. Cbntithat transportation is in every respect a composite
1889.
nent.
1898.
BHtain*
fuel
:
and unless the prices of the component parts
are fixed, the idea of fixing a maximum price on the
whole is unreasonable.
service,
COTTON CONSUMPTION AND OVERLAND
MOVEMENT TO DECEMBER 1.
The weather
have favored the free
marketing of cotton during November, but the
amount brought into sight has been much less than in
the same period of 1898, when the total was the
conditions
heaviest ever recorded in a single month.
According
our statements, 1,621,641 bales came into sight
through the ports, interior towns and the rail movement overland in the month this year, or 731,368
bales less than in 1898, when the aggregate was
to
iJftlTeston
l,006,08i 1,3C3,628
Texas City .Ac
16.481
85,316
Orleani.
Mobile
Pensacola, &c
764,419
84.761
941.017
40,393
Savannah
Bmnswlok, &o
508,41(
91,088
653.607
New
Oharleston
Port Roral.&o
VUmtntrton....
Washlnct'n,&<
Horfolk
W«wp'tNews,Ao
II«w York
143,006
45,653
145.218
137,56t
859,886
913
18,960
159,746
219,396
52fl
892
J69 851
5,041
0.524
24.619
182,779
700.306
6.177
479,199
32.849
32,381
264.6e9
7,696
22,611
le.flSl
61.026
88,616
85,803
16,691
141.820
167.014
10,028
86,183
261
105,988
81,000
18.174
801,069
2,240
209,166
26.499
17,816
67,301
15, 16
27,591
174,589
96,444
6.860
12.960
1.236
14,386
14,l.-?4
600
1«4
40,214
644
318,18
6,465
46.212
47.532
23.305
96 949
32,097
Baltimore
33.516
18,673
7.218
17.237
&c
2,037
5,099
BOfltOB
Phllsdelpbla.
193.870
206,837
12,671
276
600
lb99.
rotal 1808.
T-t»1 1HP7
*
9,707
83,372
27,644
31,981
31,881
3,023.693
388,946
86.193
148.791
«.68»
15,063
San Fran'ico.&c
ToUl
100,147
232,660
781,707
844,243
868,627
H 89,476 1,018,1««
296,063 1,473,980
283,885 1,062.229 2.820.074 1.811.887
.5.P8«,51^ l,2r>8,938
338.655 1,007.169 2,59 ,652 1.043.093
».
Oreat Britain exports Inolude to the Channel.
December
THE CHRONICLE.
2, 1899.]
Using the facts disclosed by the foregoing statements, we shall find that the portion of the crop
T^rhich has reached a market through the outports
and overland, and the Southern consumption, since
September 1 this year and the 'two previous years, is
Three Months End. Xot. 30, 1899.
Texas
Louisiana
as follows
Alabama
Qeorgla*
South Carolina
1897.
1898.
1899.
Receipts at the ports to Nov. 1... bales. ?,023,593 4,295,063 3,988,516
ITetstiipmentsoYerlaiid daring same time 548,801 405,318 462,050
Total receipts
bales. 3.572,394 4.700,381 4,450,566
Boathem oonsumptlon since September 1
Total to Nov.
288,000
339,000
bales. 3,942,394|5.039.381 4.738,5fi6
1
The amount
370,000
of cotton
marketed since September
1129
Virginia
North Carolina
Tennessee. Ao.
Number of
Weight in
Bala.
Poundt.
995,750
roT.ai.
3.942.394
*[noludlrg Florida
8am«
peH'din
1898.
1897.
AvercLge Average Averagt
Weight. Weight Weight.
537.245,606
394,891.420
43.312,871
293,882,548
72,181.860
87,125,100
80,759,954
497,875,000
1,021,496
764.449
84,761
594,591
146,126
174,950
160,271
Same
peri'd in
2.007,273,359
52594
516-57
511 00
52992
50818
51300
537-54
527-90
62500
49426
507 39
493-97
498-00
603-89
50000
502-74
488-65
495-40
500-00
509-03
516-40
499-63
492-00
491-15
505 17
50000
508 09
DRY GOODS TRADE IX ifOVEMBER.
1
The volume of business in staple cottons during
thus seen to be 1,096,987 bales less than
November has not reached the total of immediately
and 796,172 bales smaller than in 1897.
To determine the portion which has gone into the preceding months, but it would have been larger if
buyers could have placed all the orders they were
hands of Northern spinners during the same period
willing to do.
Prices have steadily advanced, and all
we have prepared the following
descriptions average higher by nearly 5 per cent than
Total receipts to Nov. 30, 1899, as above stated
bales.
3,942,394
they
did at the opening of the month. The tone at
Stock on hand commencement of year (8«pt. 1 1899)—
1899
in 1898
in
is
:
At Northern ports
At Southern ports
At Northern interior markets
170,984
the close
221296- 392,280
8,055-
Total supply to Nov. 30. 1899
Of this supply there has been exported
400,335
4,372,729
to foreign ports since Sept. 1, 1899. 1,989.746
Less foreign cotton Included ....bales.
16,714 - 1,973,032
ent to Canada direct from West
28,471
Burnt North and South
13.623
Stock on hand end of month (Nov. 30, 1899)—
At Northern ports
159.744
At Southern ports
853,422—1,013,166
At Northern interior markets
22,057
Total takings by spinners since Sept. 1,1899
Taken by Southern splnnerr
Taken by Northern spinners since Sept. 1, 1899
Taken by Northern spinners same time in 1898
3.050,349
1,292,380
370,<
00
922,3;0
725,122
indicates that Northern spinners
tending against buyers.
still
197,258
s
SIGHT.
In the foregoing we have the number of bales which
has already been marketed this year and the two
fact of interest
is
the
the crop which was in sight on December 1
compared with previous years, and which is shown in
the following.
total of
Total in sight
bales.
1898.
1897.
3.942,394
533,000
5,039,381
595,000
4,738,566
540,000
4,475,394
5,634.381
5,278,566
This indicates that the movement up to December
1 of the present year is 1,128,987 bales leas than in
1898 and 773,172 bales less than in 1897.
As
what has come
into sight each month of the season during this and
previous years, we have prepared the following, which
it
will interest the reader to see
shows the movement for the
Mottlhs.
September.
October....
'
November.
Total 3 months.
Balance season..
_Total crop
....
last four seasons.
Oott'n ItHnt- Sheet- Lan- S'th'n Oott'n Print- Sheet- Lan- S'th'n
low
ing
ings, caster Z-yd.
loxe
ing
ings, caster 3-yd.
mid- cloths, stand- ging- sheet- mid- cloths, stand- ging- shsttdling. 64264 ard. hams. ings. dling. 64x64 ard. hams ings.
6'8
6i5ie
3..
4..
711 =
5..
"7\"
6.,
7..
8..
9..
10..
11..
12..
13..
14..
15..
16..
17..
18..
71l6
2
V
7»16'
714
7»e
7h,
y
7
71s
7i«
718
5H
5\
5%
5%
2^8
278
2'8
2^8
2^8
2'8
2''8
5%
2'e
2'8
2^8
2 'a
2^8
5\
5%
55j
19
7^
7^
7^
21..
22..
23..
24..
25..
75i«
6
6
3
6
513
5it
3
6
5^
3
6
5I9
...H..
5^6
51a
51a
51a
51a
51a
51a
51a
5S8
558
588
538
558
738
27.
28..
7 38
29..
75,,
3
3
3
30
6I2
6
51a
51a
.
.H
3^8
3'8
5
5
3^8
5
3-'.
'
4'8
2
438"
'2'" ...H.. "5"
438
478
438
5
...8...
5*
2
"a""
4ioia
4'5i6
4l6i«
4i5,e
4i»ie
5
438
438
438
2
2
438
438
41*
41a
41a
41a
2
2
l>
2118
21i„
3-^,
"'
5
5
"a-'l"
3'e
3^8
3 '^8
6
5
3'8
5
3''8
5
5
3»«
3-^8
...8...
5
5
5
4ia
41a
41a
21,6
21)6
..H...
538
5S8
558
558
t
..S...
5
5
5
3^8
3'8
"5""
4ifl
5iie
6
6
2
2
2
......
.S.
5
3'8
5
5
3^8
3'8
3'8
...S...
53,8
53,8
&l8
4l«
4>a
41a
21"
21.6
21l6
5
—
t^" rhe above prices are For cotton, low middling uplands at New
Vork; for printing cloths, manufacturers' net prices for sheetings and
Tlngbams, agents' prices, which are subject to an average disooudt of 6
per cent, ecoept when otherwise stated: Southern sheetings net.
;
THE PROPOSED NEW CURRENCY LAW.
1,634,210
5,278,566
5,902,394
4,748,05^
3,965,952
Congress next week.
11,235,383
11,180,960
8.714,011
Bame time in the two previous years.
5^
2^8
5,634,381
5,601,002
furnish a more exact measure of the receipts up
to Dec. 1 we give below our usual table of the weight
of bales.
We give for comparison the figures for the
51a
5i«
51a
438
438
438
433
438
2
2
ss"
.8.
20,
4^8
4'8
4'8
4'8
4^8
4^8
5i«
6i«
5:^
bill
To
513
51a
513
...8...
•
1, 391,562
4,475,394
~5ia~
51a
5>a
5>«
5%
...H..
5\
51a
5%
5^
5i«
5%
5^
51a
1,069,800
1.871,654
2,337,112
1,222,287
5^
...S...
2.298.606
2,353,009
WEIGHT OF BALES.
y
1..
2..
1.129,766
1,723,987
1,621,641
1896
1898.
j
1898.
982,766
Prints have not
1899.
1899.
1897.
per yard.
<;
bales.
Xotal marketed, as above.. ..bales
Interior stocks in excess of Sept. 1
^c.
the basis of current prices.
corresponding period of 1898 of 197,258 bales and
a gain over the same time of 1897 of 66,931
1899.
to
had up
125
An additional
Print cloths were in-
changed materially, but at the close are tending upwards.
Ginghams have been scarce and close strong.
Export business has been moderate only. The month
closes with the market bare of supplies in all directions, with production generally sold ahead for several
months to come, and with sellers decidedlv reserved
in committing themselves to further engagements on
o
previous seasons.
prices are
and unchanged in regulars until last week,
when the price was advanced ^c, to 3c., and a large
business done.
Odd goods have been active through-
to Nov. 30 taken 923,380 bales, an increase over the
AMOUNT OF CROP NOW IN
and
active
out, gaining ^c.
Increase in takings bv Northern spinners this year. .bales.
The above
fully as strong as before
is
The following is the full official text of the new currency
agreed upon by the Committee appointed by the Republican Caucus last February, and which is to be submitted to
A BILL TO DEFINE AND FIX THE STANDARD OF VALUE, TO
MAINTAIN THE PARITY OF ALL FORMS OF MONET ISSUED
OR COINED BY THE UNITED STATES, AND FOR OTHER
PURPOSES.
it enacted by the Senate and Souse of Representatives of the United
States of America in Congress Assembled:
Be
The Standaed of Value.
Section 1—That the standard unit of value shall, as now, be the
dollar, and shall consist of twenty-flve and eight-tenths crraius of gold,
nine-tenths tine, or twenty-three and twenty-two one-hundredths
grains of pure gold, being the one-tenth part of the eagle.
THE CHRONICLE.
1130
2—That all interest-bearing obligations of the United States
payment of money, now existing or hereafter to be entered
into, and all United States notes and Treasury notes issued under the
lawof July 14, 1890, shall be deemed and held to be payable in the
eold coin of the United States as defined in Section 1 of this Act; and
payment of
all other obligations, public and private, for the
Section
for the
shall be performed in conformity with the standard established
in paid section. Nothing herein contained shall be construed or held
to affect the present legal tender quality of the silver dollar or of the
subsidiary or minor coins or of the paper currency of the United
money
States or the laws mahing national bank notes receivable and payable
lor certain public debts and dues and obligations between national
banks.
Division of Issdb and Redemption.
Section 3— That there be established in the Treasury Department,
as a part of the office of the Treasurer of the United States, a division
to be designated and known as the Divisionof Issue and Redemption,
to which shall be assigned, under such regulations as the Secretary of
the Treasury may approve, all records and accounts relating to the
issue, redemption and exchange, as hereinafter provided, of the
several kinds of United States money. There shall be transferred
from the General Fund in the Treasury of the United States and taken
up on the books of said Division as a redemption fund, the amount of
gold coin and bullion held against outstanding gold certitlcates, the
amount of United States notes held against outstanding currency cer-
tlon, shall
[Vol. LXIX.
not exceed in any case the par value of the bonds deposited
as herein provided.
Tax on Circulation to Be Shifted to Bank Franchises.
Section 9— That every national banking association shall pay to
theTreasurer of the United States. In addition to the taxes imposed
by an Act approved July 13, 1898, entitled "An Act to provide ways
and means to meet war expenditures and for other purposes," each
half-year, in the months of January and July, on or before the 30th
day thereof, a tax of one-tenth of one per centum upon the value of
its franchise, as measured by the aggregate amount of its capital,
surplus and undivided profits, upon the last day of the calendar month
next preceding. Sections 5214, 5215, 521fc and 5217 of the Revised
Statutes of the United States are hereby repealed. But nothing in
this section contained shall be so construed as in any manner to release any national banking assooiatlon from any liability for taxes or
penalties incurred prior to the passage of this Act. In order to enable
the Treasurer to assess the taxes imposed by the provisions of this
sectior each association shall, within ten days from the first days of Jaiiuary and July of each year, make a return under the oath of its President or Cashier, to the Treasurer of the United States in such form as
the amount of silver dollars held against outstanding silver
certificates, the amount in silver dollars and silver bullion held against
outstanding Treasury notes issued under the Act of July 14, 1890;
and the amount of gold coin and bullion to constitute a reserve fund
equal to 25 per cent of the amount, both of United States notes and
Treasury notes, issued under the Act of July 14, 1890, outstanding.
The gold and silver coins and bullion transferred from the general
Innd in the Treasury as herein provided shall be increased or diminished, as the case may be, in accordance with the provisions of this Act
tificates,
and In no other way.
A Gold Reserve Fund.
Section 4—That it shall be the duty of the Secretary of the Treasury
to maintain the gold reserve fund taken up on the books of the Division
of Issue and Redemption as herein provided, and for this purpose he
may from time to time transfer to such fund any moneys in the Treasury not otherwise appropriated, or may exchange any of the funds in
the Division of Issue and Redemption for other funds whicn may be in
the General Fund of the Treasury, and in addition thereto he is hereby
authorized to issue and sell, whenever in his judgment it is neces-^ary
to the maintenance of said reserve fund, bonds of the United States
bearing interest at a rate not exceeding 3 per centum per annum, payable in gold coin at the end of twenty years, but redeemable in gold
coin at the option of the United States after one year. But no transfer shall at any time be made from the General Fund of the Treasury
to the Division of Issue and Redemption which will reduce the General
Fund below fifty millions of dollars That all United States notes and
Treasury notesissuedunder theActof July 14, 1890, presented for redemption, shall be redeemed in gold coin at the will of the holder, nnd
all silver certiticates presented for redemption shall be redeemed in
accordance with existing law. The Secretary of the Treasury is
authorized and required to use said reserve fund in maintaining at all
times the parity and equal value of every dollar issued or coined by
the G( vernment; and if at any time the Secretary of the Treasury
deems it necessary in order to maintain the parity and equal value of
all the money of the United States, he may at his discretion exchange
gold coin for any other money issued or coined by the United States.
The notes and certificates so redeemed or exchanged shall be held in
and constitute a part of said fund and shall not be withdrawn therefrom nor disbursed except in exchange for an equivalent amount of
the coin in which said notes or certificates were redeemed or exchanged, except as hereinbefore in this section provided. Nothing
this Act shall be construed as repealing that provision of the Act approved July 14, 1890, which provides that "No greater or lessismount
of such notes shall be outstanding at any time than the cost of the
silver bullion, and the standard silver dollars coined therefrom, then
held in the Treasury purchased by such notes,"
may prescribe, of the amount of its capital, surplus
and undivided profits upon the last day of the calendar month preceding. Every association which fails to make such return shall be liabla
the Treasurer
to a penalty of $200, to be collected either out of the interest, as it
may become due such association, on the bonds deposited with the
Treasurer, or, at his option, in the manner in which penalties are to be
collected of other corporations under the laws of the United States.
Whenever any association fails to make the return herein required
the taxes to be paid by such association shall be assessed upon such
an amount as the Treasurer may determineto be the true amount of
capital, surplus and undivided profits of such association. Whenever
an association fails to pay the taxes imposed by this section the
sums due may be collected in the manner provided for the collection of United States taxes from other corporations; or the Treasurer may reserve the amount out of the Interest, as it may become due
on the bonds deposited with him by such defaulting association.
Banks with $25,000 Capital.
Section 10— That Section fifty-one hundred and thirty-eight of the
Revised Statutes is hereby amended so as to read as follows: "Section
5138.— No association shall be organized with a less capital than one
hundred thousand dollars, except that banks with a capital of not lees
than fifty thousand dollars may, with the approval of the Secretary of
the Treasury, be organized in any place the population of which does
not exceed six thousand inhabitants and except that banks with a
capital of not less than twenty-five thousand dollars may, with the
sanction of the Secretary of the Treasury, be organized in any place
the population of which does not exceed two thousand inhabitants.
No association shall be organized in a city the population of whicb
exceeds fifty thousand persons with a capital of less than two hundred thousand dollars.
ITEMS ABOUT BANKS, BANKERS AND TRUST CO'8.
auction sales of bank stocks this week amount to 304
shares. Ten shares of Chemical Bank stock were sold at the
The sales of trust comStock Exchange on Friday at 3900
277 shares, of which 10
aggregate
auction,
all
at
pany stocks,
shares were of a Brooklyn company. Following are the de-
—The
.
tails
given in our usual form
Shares.
Banks— JV^ew
:
Price.
Tork.
457
50 America, Bank of
3IOI4
15 Chatham National Bank
39(
*10 Chemical National Bank
150^
50 Citizens' Bank, National
...200712
1 City Bank, National
372-375J4
140 Corn Exchange Bank
185
20 Fourth Natioual Bank
4IOI4
4 Gallatin National Bank
4 North America, National Bank of. 205
134%
10 Twelfth Ward Bank
350
10 Western National Bank.,
m
Silver Bullion May be Converted Into Subsidiary Coin.
Section 5 -That the Secretary of the Treasury is hereby authorized
to use, at his discretion, any silver bullion in the Treasury of the
United States, purchased under theActof July 14, 1890, for coinage
into such denominations of subsidiary silver coin as may be necessary
to meet the public requirements for such coin; and any gain or seigniorage arising from this coinage shall l)e accounted for and paid into
the Treasury. Whenever any silver bullion purchased under the Act
of July 14, ii:90, shall be used in the coinage of subsidiary silver coin,
an amount of Treasury notes issued under said Act equal tothecostol
the bullion contained in such coin shall be canceled and not reis-
Last previous sale.
July '99— 435 H
Nov. '99— 310
May '99— 4151
Nov. '99— 150''8
Nov. '99—2019
Nov. '99— 375%
Oct. 99- 181
Nov. 99— 405
Oct. 99- 202
Nov. 99— 125
Nov. 99- 360
Trust Companies—i^ew Tork.
228Jfl-229''8
95 America, Trust Co. of
25 Bankers' Trust Co
21158
3-2 International Banking & Trust.... 159-160ifl
185
100 Produce Exchange Trust Co
426I4
10 State Trust Co
1414ifl
5 Union Trust Co
Trust Companies -.Broo/cii/n.
200^4
10 Williamsburg Trust Co
sued.
Limit on Subsidiary and Fractional Currency to Be Removed.
Nov. '99— 200
Sale at the Stock Exchange.
*
Section 6— That the Secretary of the Treasury is hereby authorized
and directed to cause all worn and uncurrent subsidiary silver coin
of the United States now in the Treasury and hereafter received to be
re-coined, and to r.-imburse the Treasurer of the United States for the
difference between the nominal or face value of such coin and the
amount the same will produce in new coin from any moneys in the
Nov '99— 2311a.
Nov. •99— 225
Nov. '99— 160
Nov. '99- 179
Aug '99- 423
Nov. '99-1435
—John
T.
Agnew, Vice-President
of the Continental
Na-
tional Bank, died at his residence in this city on Wednesday
Mr. Agnew was born ia
in the eighty-fifth year of his age.
the wholesale tobacco
entered
1837
he
and
in
Street,
Water
which
he was a partner
of
Son,
&
house of William Agnew
close
of the Civil War
for more than thirty years. After the
Treasury not otherwise appropriated. So much of the Joint Resolution approved .July 22, 1876, relating to the issue of silver coin, as
limits the aggregate amount of subsidiary silver and of fractional currency outstanding at any time to fifty millions of dollars, be and the
same is hereby repealed.
1865 he became Vice-President of the Continental
of which he had been a director since its organization,
Bank,
Section 7— That the United States notes or Treasury notes issued
under the Act of July 14, 1890, hereafter issued or re-issued shall be in 1853; the positions of Director and Vice-President he held
in
Notes of Small Denominations.
of such denominations, not less than one dollar, as the Secretary of
the Treasury may prescribe. Silver certificates shall hereafter be
issued or paid out only in denominations of one dollar, two dollars
and five dollars against silver dollars deposited in the Division of
Issue and Redemption or in exchange for silver certificates of denominations exceeding five dollars.
at the time of his death.
He was
the
first
President of the
Department of Docks, was a trustee of the Brooklyn Bridge
during its construction, a director of the Eye and Ear Infirmary and of the Presbyterian Hospital; also a member of
Bank Circulation May Be Taken Out up to Par of Deposited
the Chamber of Commerce, of the Manhattan Club, of tha
Bonds.
Section 8—That section fifty-one hundred and fifty-nine of the Revised Statutes of the United States be aiid the taiue is amended so as
to read as follows: "Section 6159. Every association after having
coiuplled with the provisions of this title, preliminary to the c<immencen ent of the banking business, and before it shall be authorized
to commence banking business under this title, shall transfer and
deliver to the Treasurer of the United States, as security for its circulating notes, any United States Registered bonds, bearing Interest to
an amount where the capital is one hundred ann fifty thousand dollars or less, not lees than one-fourth of the capital, and fifty thousand
dollars where the capital is in excess of one hundred and fifty thousand dollars. Such bonds shall be received by the Treasurer upon
deposit and shall be by him safely kept in his office until they shall be
otherwise disposed of lu pursuance of the provision of this title; and
such of those banks having on deposit bonds In excess of that amount
are authorized to reduce their circulation by the deposit of lawful
money as provided by law: Frovided, That the amount of such circulating notes issued to any national banking association having on
passage ui
of
circulation ai,
luc iiitBmtKo
at the
secure circmauou
uonas 10
to seouro
deposit United
aeposil
States bonds
unitea states
this Act, or which may hereafter deposit, such bonds tolsecure circula-
Metropolitan Museum of Art, the American Museum of
Natural History, the National Academy of Design, the
American Geographical Society and of the New York Historical Society.
—The Bank
dend of
of
of
New Amsterdam
5 per cent, payable
record December
2, 1900,
its first divi-
to stockholders
20.
2, it was announced that the
Bank of Louisville, Ky., capital |390,000
and surplus $84,231, had voted on August 5 voluntarily ta
liquidate, and that on the next day arrangements were made
...
.,
c!«„+V,«..« Xraf,-r>no1
LiOUisvuie, capital
Ot T.miJawillA
Uank nf
National Ttanbwith the Southern
—In
this
column, September
stockholders of the
'
January
announces
1
December
THE CHRONICLE.
2, 1899.]
and business of the bank
August 14, as the result of
$250,000, to purchase the buildiDg
and to liquidate the institution.
the above-noted arrangements, tlie directors of the Bank of
Louisville declared a dividend of 100 per cent on the capital.
Last week a further dividend of 10 per cent was made, payable December 1, which,
quick assets of the bank.
it
reported, will exhaust the
is
—
The proposed organization of the Trust Company of New
York, with a capital of $1,000,000 and a surplus of a like
amount, was announced in this column Oct. 7. The organganization has now been completed by the election to the
Presidency of Willis S. Paine, formerly Superintendent of
the Banking Di partment of the State of New York, and Warner Van Norden, President of the National Bank of North
America of New York, to the Vice-Presidency. E, C. Lockwood has been elected Secretary. Temporary ofiSces have been
secured at 60 Wall Street, and the company will begin business early in the new year. The directors are Willis S.
Paine, George W. Quintard, Jonathan B. Currey, James
Talcott, Charles E, Sprague, Thomas P. Fowler, W. Rockhill Potts, Warner Van Norden, Henry F. Shoemaker, Ed-
ward V. Loew, Ernst Thalmann, William Buchanan, Isaac
Gates, William A. Brewer, Jr., Clarence Whitman,
James Jourdan, R. L. Edwards, John E. Searles, Peter
Campbell, Daniel A. Heald, Charles N. Swain, Smith M.
Weed, Henry C. Brewster and Colgate Hoyt.
E.
—The stockholders of the Union Trust Company of Pittsburg, Pa., capital $250,000, have voted to increase its capital
and surplus by issuing 2,500 shares of stock, of a par value of
|100, at $300 each, thereby
doubling the capital and making
the surplus $750,000.
—The
capital
Louisville City National Bank, of Louisville, Ky.,
$200,000, will be liquidated by vote of its stock-
holders,
who
dent
is
and
James A. Leech and the Cashier
—The
known
will be paid in full
organization of a
new
at once.
is
William
The
S.
Presi-
Parker.
financial institution, to be
Century Trust Company, with a capital of
$2,000,000 and a surplus of $1,000,000, was announced in this
column October 21. It wa? the intention of the incorporators to complete the organization and to begin business on or
about January 1 at 5 and 7 Wall Street, where commodious
offices have been secured.
It is now officially announced
that the allotment of stock has been postponed until January
2, 1900, and payment therefor will be called January 15.
The reason assigned for the postponement is that the company will be required to report to the assessors of New York
January 8 for the annual assessment, and the organization
committee believe it will be difficult, if not impossible, to
invest the capital and surplus of the company in non-taxable
securities before that date.
Therefore they have decided it
unwise to subject stockholders to this burden before their
as the
capital has earned anything.
—The Merchants' Trust Company has recently been organized with a capital of $500,000 and a surplus of $1,000,000, and business is expected to begin about the middle of
December. The stock has been subscribed for and allotted,
the premises which the company will occupy, in the Central
Bank Building, 320 Broadway, corner of Pearl Street, have
been fitted up, and next week a meeting will be held for the
purpose of electing officers and completing the final organization.
The President will be Edwin Langdon, President of
the Central National Bank; tie will also retain his position
in the bank. The incorporators of the trust company are:
Edwin Langdon, George C. Clarke, Michael E. Bannin,
Richard C. Kimball, Joseph R. Quincej-, Henry Simpson,
Frank C. Travers, G. E. Fisher, Henry D. Cooper, E. Hawley, Ronald K. Brown, John C. McCall, John U. Fraley,
Charles W. Jones and C. L. Bausher. Mr. Langdon, the
President, is prominent in financial circles; he is exceedingly popular among merchants, and the promoters of
the enterprise are confident that under his management
the institution will secure success. It will, it may be noted,
do a strictly trust company business.
iFrom oar own oorrespondent.
London, Saturday, November 18, 1899.
The Stock Exchange is firm and there is a general hope
that business, as soon as the New Year sets in, will expand
rapidly and that prices will rise very much; but for the time
j
1131
being few persons care to engage in new risks. Sir Redvers
Bailer's army corps is now being disembarked and it is expected that it will be pushed forward; that Ladysmith will
be relieved as well as Kimberly, and that the whole aspect
of the war will be rapidly changed; but some little time of
anxiety has still to be gone through, and therefore people do
not care to incur further risks.
Still more powerful is the influence exercised by the fear
that money may become very dear and even very scarce.
Tnere is an apprehension that gold may be withdrawn from
the Bank of England and shipped to New York, and there has
been a rumor lately that the Imperial Bank of Germany may
have to put up its rate of discount to 7 per cent. In Berlin
that is thought improbable. The Governor of the Imperial
Bank will not raise his rate if he possibly can avoid doing
so; but an advance in the Bank of England rate on the withdrawal of large sums by either French or American bankers
might, of course, compel him to do so.
In Russia the want of money is strongly felt. The Finance
Minister is doing what he can to help the establishments
concerned during the crisis, and the reports of the severity of
the famine are very grave; but it is not thought probable
that Russia will do anything to affect the European money
markets. A little while ago she obtained from the Credit
Foncier a loan which was at first to amount to about 5 millions sterling, but which has gradually been increased to
nearly twice as much, and it is thought thereby she will be
able to meet. all her commitments abroad and will not have
to send gold to pay the interest on her debt.
In the meantime the talk of intervention in South Africa is
dying away. Lord Salisbury at the Guild Hall last week
emphatically declared that intervention would not be admitted, and the approaching visit of the German Emperor to
the Queen gives assurance that there is no intention on the
part of Germany, at all events, to quarrel with this country.
Therefore the general impression is that as soon as the war
comes to an end and the money markets of the world become
somewhat easier, there will be a great expansion of business.
For a week or two past there have been rumors of friction
between Russia and Japan; but though undoubtedly the
Japanese believe that a war between the two countries is
some time or other inevitable, and therefore are prepared for
it, it is very improbable that they will precipitate hostilities.
They are stronger than Russia at sea, and possibly they
might prove stronger on land while the Siberian railway is
unfinished; but in the long run Japan alone can hardly hope
te defeat Russia.
Russia on her side is not likely to attack
Japan, at all events until the Siberian railway is finished. It
does not seeiu, therefore, that we are threatened with hostilities in the Far East in the early future, and hence the impression is probably well founded that business will expand
immediately after the beginning of the New Year.
Meanwhile trade in this country was never more prosperous than it is at present. Every one who cares to work can
obtain employment at good wages, and manufacturers are
full of orders.
The recent rise in freights has given a new
stimulus to ship-building and orders for new ships are being
placed in large numbers. The rise in wool is benefitting not
only the holders of large stocks, but also the Australasian
colonies and Argentina, and generally speaking every branch
of industry throughout the country is highly prosperous.
As far as can be seen at present, the prosperity is likely to
go on for a considerable time yet. It is estimated by shipowners that nearly half a million of tonnage will be employed in one way or other in consequence of the war; and the
withdrawal of so much shipping from trade naturally gives
an impetus not only to shipbuilding, but to all the allied industries. Furthermore, as soon as the war is over there will
have to be large orders placed for ordinary machinery for
railway material and the like, while an increase in the army
is almost inevitable; and what is true here is true of the
other leading commercial countries, like the United States
and Germany the improvement of trade seems likely to go
on for a considerable time yet.
There was much apprehension here that the three millions
sterling of Treasury bills which had to be made on Wednesday would cause considerable disturbance in the money
market because Wednesday was also pay-day upon the Stock
Exchange. It has turned out, however, that all the payments were made without seriously affecting tbe market.
To a considerable extent this is due to a very large subscription by the Japanese Government. It has large sums standing to its credit at the Bank of England, and it is reported
to have subscribed for the whole of the 12 months' bills. The
money came out of the Bank of England and therefore did
not disturb the market.
There is a tendency now in some quarters to think the
danger of very serious and dear money past; but, on the
other hand, it has to be borne in mind that the Government
may require to send considerable amounts of gold to South
Africa. It is understood that large sums of the metal will
have to be sent to the River Plate to pay for wool and other
exports, and there is always the possibility that gold may
have to be shipped to the United States and Germany. You
are in a better position than anybodj- in London can be to
judge whether there will be withdrawals from the Bank of
England for New York. If there are, the Bank will inevitably have to put up its rate to 6 per cent. It is not
thought likely here in London, or indeed in Berlin either,
that there will be withdrawals for Berlin, and it is thought
as probable as it was last week that the Imperial Bank will
have to put up its rate to 7 per cent; but what the Bank will
—
THE CHRONICLE.
1132
[Vol. LXIX.
English Financial ITIarkets— Per Cable.
have to do depends very much npon what the Rnssian Government and the American and French banks may do.
The daily closing quotations for securities, etc., at London
Meanwhile money is becoming somewhat easier in Paris. are reported by cable as follows for the week ending Dec. 1.
The Bank of France, it will be recollected, warned the other
banks not to go on lending abroad on the great scale they
London.
Fri.
Sat.
Mon.
Tues.
Wed. Thura.
have been doing recently. It is believtd that the warning
27
27ie
been
taken
heart
and
Bank
Silver,
per
ounce
d.
271*
has
to
that in consequence the
of
14
273ie
275i8 276ie
Consols., new, 2% p. cts. 102^
102% 102% 10238 10238 10218
France will not think it necessary to put up its rate.
102S8
The fresh supplies of gold in London are greatly reduced.
The exports of gold from the Transvaal are entirely stopped.
The whole of the gold raised in India is taken by the Indian
Government and so is a very considerable proportion of the
gold raised in Australia; while in addition the India Council
is setting aside gold in the Bank of England as a reserve
against notes to be issued by the Indian Treasury in India.
The Indian Government has taken power to do this, and it is
understood that about £300,000 in gold has been "earmarked"
in the Bank of England in this way. If the India Council
continues selling its drafts as freely as hitherto, and thus is
enabled to accumulate a stock of gold the supply in London
will be greatly reduced and the money market may continue
tight for a considerable time.
On Wednesday the India Council offered for tender 30 lacs,
and the applications exceeded 924 Jacs. The whole amount
offered was placed at about Is. 4 3-82d. per rupee and 8 lacs
were afterwards sold by private contract; 35 lacs will be
offered next week.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols,
&c., compared with the last three years
,
:
1898.
1899.
Nov.
Nor.
16.
£
Circulation
Public deposits
Other deposits
GovernmeDt securities
28417,990
Other securities
Reserve of notes and coin
Coin & bullion, both departm'ts
Prop, reserve to
Bank
26.779,448
28.195.637
38,489,112
bSJ^
4
419-16
The rates
for
llOM
28d.
175.689.000
money have been
iSH
London.
Bank
3 Months.
Oct.
••
"
"
6 Months.
4
1-16@4^
4 1-16
Messrs. Pixley
16
November
&
4Jtfo«.
Banks CaU Davt
t®5U
9H
SH
3^
3h
3H 3«
3H
3i4
Preferred
Union
m
m
Hi
6
6
12%
12%
I4219
I42I4
26
26
73
26%
5714
7739
691a
IOI9
3014
5738
771a
701a
lOia
3038
7338
57 14
7758
70 14
1058
3038
1579
451a
46 14
Southern Pacific
South'n Railway, com,.
Preferred
16
15''8
44%
44%
13%
14
14
6018
5238
60i«
51%
51%
80
791a
231a
7913
23^8
231a
9714
127%
12778
21ifl
7739
1338
38I4
II8I2
8778
1314
38I4
118%
87S8
12%
14314
143
26
73
58
79
73
6018
79'8
2314
Wabash, preferred
97ifl
31%
12%
143%
14
52H
Pacific
8814
''a
86
9818
311a
12838
211a
771a
1388
38I4
1181a
8818
79
70i«
1058
3012
1578
4438
1358
7038
icjia
60 14
60ifl
51ifl
79
7938
2314
Price per share.
National Banks.— The following information regarding
is from the Treasury Department.
national banks
CORPORATE EXISTENCE OF NATIONAL BANKS EXTENDED.
2,443—The Franklin National Bank, Franklin, New Hampshire, until
November
22, 1919.
LIQUIDATION.
826— The Traders' National Bank
of Baltimore, Maryland, has gone
into voluntary liquidation by resolution of its stockholder*
dated November 15, 1809, to take eflfect immediately.
INSOLVENT.
Abell write as follows under date of
:
(Jold— With lii^her exchange the demand for gold has rath erjf alien
but there is little chance of any reaching the Bank, suppUes being
scarce until the arrival early next week of about £S 00,000. The Bank
has lost £471,000, of which £50,000 is withdrawn for India Currency
Department, and has received £11,000. Arrivals: Sydney, £24,000;
Natal, £20,000; Chile, £4,000— total, £48,000. Shipments Nov. 11
Calcutta, £27,500; Bombay, £46,000— total, £73,500.
Silver— With the completion of the Chinese orders silver gradually
weakened to 26i6i6d.; India then came in as a buyer and the market
closes steady at 2"d. India spot price is Rs. 6834 per 100 Tolahs.
Arrivals: New York, £143,000: Chile, £18,000— total, £161,000.
Shipments: Bombay. £75,000; China, £16,000—total, £9), 000.
Mexican Dollars—These are nominally about 263id. but there has
been nothing doing.
oflf,
The quotations
N. Y. Cent'l & Hudson.. 1421a
N. Y. Ontario & West'n 26
Norfolk & West'n, pref. 7338
Northern Pacific, com.. 5718
Preferred
77%
Pennsylvania
6918
lOBg
'Phila. &Re»d
*Phila. ife Read. ,1 st pref. 3038
*Phila.& Read., 2d pref. 15'78
3H
iH
4«
i\i®iH
4M
4«
3
10
17
SMos.
i^®iH 1«@6
4
i^®iH
20
27
Nov.
4 Months.
166,118,000
Joint Dis'tS'-.
Stock At 7-14
Trade Bau.
87
Nashville..
59%
60 14
87
4
Interest allowed
for deposits bv
Bills.
<fe
10338 1025ie
00-671*
00-37ia 00-35
67 14
6738
6738
2378
23'8
2358
6818
68
68H
110 1-16
29 16-16d.
:
Open Market Bates.
88%
Mo. Kan. & Tex., com.. 12%
Louisville
I
26.247,885
6.389.201
48,3W7.817
13.768.0e6
27,693.534
26,831,112
85.678,t37
3
118 5-16
87d.
166.291,000
as follows
18.
£,
27,805.140
7,201,056
37,149.557
18,876,416
87,883.748
81,511,898
81,917.033
8B,2U,984
P.904 640
rate
percent.
6
Consols, 2Ji per cent
108 11-16
Silver
27Md.
Clearlng-House returns
181.481.CO0
1896.
Nov.
17.
£
27.048.175
6.804.586
8,980,245
89.658.669
14,840,990
31.432.629
20.282,863
31,900,858
liabilities.. p. c.
1897.
Nov.
16.
£
For account
102l3ie 102i3ie 102 1 3, e
Fr'ch rentesdn Paris) f r. 100-45 00-37ia 00-47 !«
66I4
Spanish 4s
65 ^g
66%
2338
Atch. Top. & Santa Fe.. 231a
231a
68 14
Preferred
6818
67%
Baltimore & Ohio
5914
60
58'a
Preferred
8714
87
85
Canadian Pacific
97'8
9/78
971a
Chesapeake & Ohio
2914
30
301a
12938
Chic. Mil. & St. Paul... I2914
1281a
2138
2138
Den. & Rio Gr., com.... 2138
77I3
Do
do Preferred 7738
771a
13S8
Erie, common
1314
131a
38I4
38i«
1 st preferred
3858
II8I4
Illinois Central
11914
II914
4,554—The First National Bank of Cordele, Georgia, Geo. D. Corson
appointed receiver in place of James McDonald, resigned, to
take
eflfect
November
24, 1899.
—
Imports and Exports for the Week. The following are
the imports at New ^ork for the week ending for dry goods
Nov. 23 and for the week ending for general merchandise
Nov. 24 ; also totals since beginning first week January.
FOREIGN IMPORTS.
For week.
1898.
1899.
Dry Goods
1896.
1897.
Gen'l mer'dlse
81,956,883
7,734,655
81,511,767
5,513,241
$1,429,208
6,753,628
$1,347,293
5,753,523
Total
Since Jan.
99,691,538
87,025,008
$8,182,836
$7,100,815
$83,205,809 8111.315,256
303,470,419 329,969.790
$98,119,25»
305,329,514
1.
Dry Goods
Gen'l mer'dlse
«93,283,684
371,872,260
for bullion are reported as follows
Total 47 weeks $465,155,944 $386,676,228 $441,285,040 $403,448,770
Gold.
Nov.
Nov.
London Standard.
16.
9.
s.
Bar
gold, fine
oz.
U. S. gold coin...oz.
Qerm'n gold ooln.oz.
French gold ooln.oz.
Japanese yen
oz.
d.
77 9%
76 5
76 6^
76 eifl
76 5
Silver.
London Standard.
s.
d.
77
76
76
76
76
91a
5
6I3
6I3
5
16.
Bar silver, flne...oz. 27
Bar silver, contain'g
do 5
do 4
do 3
grs. gold.oz.
grs. gold.oz.
grs. gold.oz.
Cake silver
oz.
Mexican dollars. oz.
27ifl
EXPORTS FROU NEW YORK FOR THE WEEK.
275ie
271s
2918
26^
For the week.
The following shows the imports of
cereal produce into the
United Kingdom during the first eleven weeks of the new
season compared with previous seasons
IMPORTS.
1899.
Importsofwheat,cwt.l4, 354,200
Barley
4,243,200
Oats
4,601,800
Peas
823,200
Beans
385,400
Indian Com
13,039,800
Flour
4,731,100
1898.
12,fl92,600
7,593,600
3,435,870
5^^2,100
547,230
9.653, itOO
4,220,030
1897.
13,644,200
5,215,894
3,209.320
660,090
905,560
9,845,000
3,309,500
%
of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Nov. 27, and from January 1 to date.
The imports
Nov.
1896.
14,215.630
6,105,990
4,124,070
894,885
Prev. reported
1899.
1898.
$11,670,052
410,368,042
$9,022,468
425,809,336
The following table shows the exports and imports of
specie at the port of New York for the week ending Nov. 25^
and since January 1, 1899, and for the corresponding periods
in 1898 and 1897.
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
7.'8,240
13,8562,80
4,521,860
Exports.
1898.
12,992,600
4,220,030
7,323,749
1897.
13,644,200
3,309,500
7,442,674
1896.
14,215,630
4,521,860
6,448.334
26,823,430
24,536,379
24,396,374
25,185,824
1899.
Aver. price wheat, week 26s. 7d.
Average price, season. 26s. 4d.
288. 4d.
268. lOd.
Total
1898.
1897.
348.
33s.
Od.
id.
1896.
Sis.
27b.
9d.
Od,
Imports.
Gold.
Week.
Great Britain
1):
1899.
Wheat imported, cwt.14,354,200
Imports of flour
4,731,100
Bales of home-grown. 7,738,130
$13,985,380
$7,153,070
367,120,883 342,686,679
Total 47 weeks $422,038,094 $434,831,804 $381,106,263 $349,839,749
Supplies available for consumption (exclusive of stocks on
September
1896.
1897.
France......
.......
Germany
West Indies
Mexico
South America
All other countries.
Total 1899
Total 1898
Total 1897
"$506
1,502
Since Jan.l.
$9,025,000
7,397,580
3,250,000
5,663,208
37,562
486,772
130,246
$2,002 $25,990,368
9,482.384
473,388
13,698 29,817,721
Week.
$25,626
e,i76
7,888
8,949
4,185
^SinceJan.l,
$6,351,491
2,933,056
1,128,132
2,208,546
679,110
578,954
90,717
$52,818 $13,970,00»
110.787 96,473,687
21,525 13,499,313
December
THE CHRONICLE.
2, 1899.]
Imports.
Exports.
LoansSt
Silver.
Great Britain
France
Germany
West Indies
Mexico
Bouth America
All other countries,
Totall899
$432,394
10,308
$14,255
$572,815 138,555,078
1,988,287
500
238,300
522,377
12,295
9,600
137,726
10,856
621,054
2,215
54,930
1.548,682
918,821
57,140
219
400
$72,019
206.538
59,743
1,046,187
917,941
$3,593,768
2,499,040
2,800,311
Of the above imports for the week in 1899, $4,352 were
American gold coin and $279 American silver coin. Of the
exports during the same time $500 were American gold coin
and $500 were American silver coin.
Devotit. witA
Leo.!
JcB'k Oltarg Other
DeNote*. Agent, BktJtc posit I.
BANKS.
Capi-
Sur-
Invesi- 8ptci«.
(00s omitted.)
tal.
p2iM.
ment*.
$
9
%
96,6
200,2
131,2
67,0
18,3
96,6
89,0
1,066,1
2,196,0
1.114,4
1.116,7
16,9
80,0
70,1
78,6
65,0
66,0
54,2
38,8
79,9
61,8
106,0
107,3
83,6
186,0
44,6
107,0
164,2
86,8
236.1
88,4
Niw York
Cirt.
BOKOUaH OF
Manhattan,
5,369
8585,610 $41,462,224
42,476,410
42,845,035
Total 1898
Total 1897
SinceJan.X.
Wetk.
Since Jan.X.
Week.
1138
100,0
300,0
iCleventh Ward... 100,0
Pourteenth Street. 100,0
200,0
iiansevoort
200,0
Hamilton.
100,0
Elome
250,0
oXonnt Morris.
200,0
viutnal
yineteentb Ward. 100,0
100,0
Plasa
100,0
aiverside
100,0
State
200,0
rwelfth Ward
rwenty-thlrd W*d 100,0
200,0
CJnloD Square
100,0
forkvllle
Oolonlal
Columbia
,
,
,
722,3
1,360,6
641,9
53,3 1,770,0
122,6 1,363,8
981,8
37,4
140,1 1,876,0
883,0
113,8
163,6 2,393,0
79,2 1,278,6
968,0
56,4
328,8 1,978,6
163,6 1,521.0
33,1
39,8
66,9
41,2
66,0
35,2
29,7
107,0
16,4
214,0
31,6
46,8
66,4
94,2
%
$
%
125,4
180,0
'eio
262,4
186,0
28,2
i2;i
119,6
76,6
146,0
62,0
226.6
68,9
204,7
7
48,0
64,0
190,0 300,0
66.8
26,0
73,0
21,6
321,8
100,8
26.0
1.147,1
2,036.0
1,370,3
1,327,4
657,9
1,469,6
689,9
2.079.0
1,476,4
1,310.9
1.961.0
866.7
3.082,0
1,716,3
1,069,3
2,667.7
1,553.7
100,0
6
1,203,0
1,314,1
1,259,9
281,8
514,1
778,9
3,053,4
3,040,8
876,3
3,925,0
2,597.0
646.3
"7
Borough of
Brooklyn.
Bedford
New York City Clearing House Banks.— Statement of
condition for the week ending November 25, based on
average of daily results.
Wt
omit two ciphers COOJ in
all
Brooklyn
Klghth Ward...
Jfifth Ayenue...
Sings County...
itannfact'rs' Nat^l
Mechanics
cases.
&
Banks.
Capital Surpl's
Sank ot New York
Kknhattan Oo
Kerobftnts'
Meohanlos'
Amenca.. .........
Phenlx
0it7
Ohemlckl
ICerobanti' £xch'ge
SaiUtiii
Batoiiers'A Drov'rs
Mech&nlos'A Trad'a
Sreenwlch
Leather Manof ao'rs
Beventh
Bute ol >.ew York..
Amerloan Sxohange
Oommeroe
Broadway
Mercantile
Paclflo
Kepabllo
Ohatham
People'B
North Amerloa
HanoTer
Irring
Olticens'
Nassau
Market A Folton...
Shoe i& Leather
Com Exchange
Continental
Oriental
Importers'tft Trad'ra
Park
EastBlver
Fourth
Oentrax
Second
Ninth
First
N.Y.NaflKxch'geBowerr
New York County..
8«rman American..
Ohaee
Avenue
Serman Exchange..
Fifth
Sermanla
Iilnooln
Qarfleld
Fltth.
Bank ot the
Metrop.
West Side
Beaboard
Western
First Nat. B'klyn...
Nat. Union Bank...
Liberty
N. Y. Prod.Exoh'ge.
Ck.ot N. Amsterdam
Astor
Hlde&
Leather
ToUl...
.
Loans.
Specie.
$2,000,0 $1,931,8 $13,309,0 f 2,1 65,0
2,060,0 2,116,6 18,966.0 3,609,0
2,000,0 1,087,7 11,986.9 1.674.9
2,000,0 2,118,3 10,096,0 1,850.0
1,600,0 2,746,8 18.421.0 3,686.1
734.0
4,338,0
1,000,0
243,1
1,000,0 4,818,5 76,930,1 27,326,4
300,0 6,698,9 23,236,0 4,693,0
965.0
4,676,0
800,0
187,3
7,857,3 1,029,2
1,000,0 1,769,6
339,6
1,063,9
76,3
800,0
2,052.0
198,0
126,8
400,0
961.1
101,2
177,6
200,0
3,661,6
6774
489,6
600,0
689,8
3,375,7
176,8
300,0
272,2
3,914,8
648.0
1,200,0
6,000,0 3,698,9 26,463,0 2,980,0
6,000,0 3,686,2 26,736,6 1,636,1
5,046,8 1.118,6
1,000,0 1,681,8
1.000,0 1,042,3 11,467,3 2.610.2
803.5
3,037,3
490,9
422,7
932,8 17,080.1 3.694,9
1.600.0
6,167,1
672.2
993.0
460,0
1.935,3
447.2
294,6
200,0
9,648,2 1,747,0
637,6
1,000,0
1,000,0 8,678,6 32,202,1 9,086,2
3,871,0
631,1
388,4
600,0
2,681,4
386,5
372,6
600,0
2,648,4
347.7
273,9
600,0
6,069,8 1.015,6
991,2
900.0
8,274,4
492.3
163,2
1,000,0
1,400,0 1.661,3 16,130,9 2,468.6
4,737.8 1.225,0
664,1
1.000,0
2,114,4
241,3
389,4
300,0
23,649,0
4,758,0
1,600,0 6,784,0
39.219.0
9,922,0
8.271,6
2,000,0
1,423,4
338,7
147.8
260,0
8,000,0 3.036,4 20,797,6 3,868,0
9,828,0
1,996,0
612,1
1,000,0
7,481.0 1,422,0
778,2
800,0
446,6
2.614.4
169,6
760,0
600,0 7,763,7 81,396,7 6,166,1
341,1
2,190,4
63,0
800,0
696,9
3,276.0
66d,6
260,0
643.1
3,235,3
410,4
200,0
687,8
3.847,6
297,2
760,0
1.000,0 1,486,9 30,451,9 6,184,4
7.860,7
1.728,1
100,0 1,211,6
181,4
2.477,9
672,7
200,0
570,0
2,968.6
780,3
200,0
811,6 10.868,4 8,146,8
300,0
6,344,3 1361,1
926,2
200,0
3.247,7
468,6
328,4
200,0
6,044,4 1.306,6
916,3
300,0
436,0
2,764,0
376,7
300,0
9,862,0 1,783,0
665,6
600,0
7447,4
26,788,1
1,163.6
2,100,0
3.974,0
439,0
638,0
300,0
1,200,0 1,238,3 12,990,1 2,839,0
4,691,4 1,023,9
410,6
600,0
364,7
3,960,6
603.7
1,000,0
3,498,0
799.8
363,4
250,0
3,434,0
178,7
668.0
350.0
2.374.9
240,2
179.2
600,0
59.432.7 79.083 7 676.636,4 1420106
Legals.
Deposits
$1,033,0
2,290.0
1,342,2
931,0
1,632,8
203,0
2,853,1
1,798,7
442,0
689,4
62,9
190,0
198,3
164.3
357,3
360,2
1.878.0
3,181.7
174.4
690,1
397.9
962,4
786,6
383,0
764,1
1,582,3
473.2
135,0
446.4
614,7
329,0
2,343,0
261.3
331.0
1,069,0
897,0
172,4
$12,768,0
21,868,0
18,037.6
10.204.0
1,112,9
877.0
6^2,0
222.0
624,2
284,3
858,1
321,3
252,0
4,726,7
644,1
743,6
323,1
191,E
435,9
162,3
361,0
325,0
1,276,0
1,013,5
630,0
378,5
86,0
298.8
262,7
262.0
243,9
20,7986
4,024,0
100,395.9
23,221,0
6,184,6
6,189.7
1,258,9
2.168.0
912,6
8,308,6
4.478,6
3.144,1
19,898,0
19.70.J.7
6.167,9
13,270,7
3,826,8
18.126.8
6,124,8
2.772,3
10,884,6
39,684,4
4,159,0
2,547.8
3.006.8
6,070,2
3,619,3
18.663,6
6.759,4
2,161,2
23,428,0
46,736,0
1,696,7
21.018,8
12,176,0
8,343,0
2,780,0
30,031,6
2,372,4
3,668,0
3,777,1
3,857.1
37,064,0
8,887,3
8,280,8
4,420.3
12,394,6
7,249,9
2,377,2
6,940,0
3,026,0
11,801,0
31.881,7
4,141.0
13,176,6
4.402.2
8,607,2
3,947,9
3,662,6
1,719,8
Mech's'
Tradr's
Cfassau National..
National Olty.
North Side....
People's
Schermerbom
Seventeenth Ward
Sprague National.
TVenly-slxtb Wd.
Onion
^TaUabout
German- American.
441,6
26,0
60,4
lstNat.,StatenIsl. 100,0 81,4
649,6
Qthbb Citibs.
Ist Nat., Jer. City. 400,0 746,6 6,129.4
Hnd- Co. Nat, J. C 250,0 636,8 2,153,1
IdNat., Jar. City.. 250,0 366,2 1,376,4
Id Nat.. Jer. City.. 200,0 211,8
949,0
1st Nat., Hoboken. 110,0 438,3 1,837,8
Id Nat., Hoboken. 125,0
845,0
88,8
Loans.
Specie.
$
N. Y."
$
N07. 4. 138,606.4 696,636,1 1404610
" 11. 138,506,4 688,386,0 1370741
" 18,. 138,506,4 679,762.2 1367783
" 35.. 138,606.4 676.636,4 1420106
Bob.*
Nov.ll..
18..
67,861,9 197,460,0 14,910.0
67,651,9 194,279,0 15,221,0
67,651,9 192,038,0 15,124,0
•*
25.
Phila.
NOT.ll
36,345,4 140,771.0
••
18
"
26
•
*
36,346,4 139.117,0
36,346,4 139.410,0
Legals.
$
48,187,7
46,337,2
47.118,9
49,131,1
Deposits.^
38.209.0
40,908,0
40.791.0
46,4
33,1
29,6
33,6
10.0
18,8
13,9
27,3
21,0
21,0
16,7
114,3
83.2
12,2
261,0
267,0
38,1
2ti,e
9,2
110,2
9,7
7.0
27,1
6,6
6
7,3
40,0
19,0
1
29.0
60,0
11,3
8,0
8
1.6
31,0
1.8
860.7
663.0
412.2
1,066,0
474,3
217,6
665,0
323,3
17,9
22,6
181,9
70,1
48,3
27,1
119,7
67,6
645,8
699,0
628,9 791,9
177,1
67,6
190.3
122,6
14,6
103,9 106,8
47,0
24,6
347,9
67,3
43,4
68,9
22,9
36,1
6,144,8
1,886,4
1,154.1
830,8
1,669,8
829,1
Auction Sales. —Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
By Messrs. Adrian H. Muller & Son,
Memb.
1
Shares
N. Y. Prod. Ex.
Shares.
10
4
20
15
dues paid)
30
100 Chic. AGr.rr'kRy., com. 138
10 Standard Paint Co
124
(all
Western Nat. Bank
350
Bank
of N. America. 2 05
Fourth National Bank. ..185
Nat.
Metropolitan Nat.
Bank
B'way & 7th Ave.RR.Co.240
10 Consol. Fruit .far Co
41
20 Pacific Fire In.s. Co
151%
115 Amer.Bank Note Co. 49 25 p.s.
II9
1 National City Bank....2r.07i-2
150i«
50 Nat. Citizens' Bank
426J4
10 State Tr. Co
14 Big Muddy Coal &. Ir. Co. 6^
1414I2
5 Union Trust Co
Bankers' Trust Co.
ill^s
40 Corn Exch. Bank..372i3-375i4
32 Inter. Bank.&Tr Co.l59 160^2
10 Williamsburg Tr. Co of
26 Ft.Wayiie& facksonRR.
and $16 29 scrip
7^6
Bonds.
$168,000 The Ferris Wheel
Co. (Chic.) l8t M. 68.$105 lot
$4,00vi Judge Co. Purchase
5
•25
(in liquidation)
Brooklyn
Money bonds. Class A.
200%
50 Bank of America
4.o7
1909
$'.3001ot
95 Trust Co. of Amer.228>a-22978 $6,000 Keokuk & Hamil, Br.
4 Gallatin National BaDk.410Lt
Co. CoDStr. 8e; April,
31OJ4
15 Chatham Nat. Bank
45
1887, coupons on
100 Produce Exch. Tr. Co. ...185
By Messrs. Richard V. Harnett Co.
&
Bonds.
5 J. Ottmau Lithogr'g Co. 33!)
$6,000 Troy & GreenOefd Ry.
C0.68
$900
Spencer
Shares.
10 Twelfth Ward Bank ... 134%
372
100 Corn Exchange Bank.
.
$
16,211,7
16,368.4
16.462,3
16,471,6
$
12842661
10917648
12848348
10867623
We omtt two ciphers in all these figures.
Inoludlns for Boston and Philadelphia the Item 'due to other banks.'
Reports ot Non-Member Banks.— The following Is tha
;itatement of condition of the non-member banks for the
iweek ending Nov. 25, based on averages of the daily results
We omit two ciphers (00) in all cases.
...
Co.,
NEW VORK.
-
Transact a general banking businessi act as Fiscal
Agents for corporations, and negotiate security
issues of railroads and other companies.
Execute
commission orders and deal in
INVESTMENT SECURITIESMembers N. Y. Stock Exchange.
Branch
QBOBOE BAHOLAT MOFFAT.
State St. Albany
Office, 7
ALEXANDER M. WHITE,
Moffat
6,439,0 160 629.9
6,442,0 148,140,0
6,447,0 141,670,6
6,680,0 88,630,4
6,676,0 100,982,2
6.576,0 96,360.9
Trask &
BANKERS,
& 29 PINE STREET,
Circ'l'n. Clearings.
$
159,747,0
181,849,0
160,679,0
66,1
134,0
124,0
11,7
12,1
2,0
6,8
49.131,1 737.958.0
755,868,2
744,801,0
736.836,9
737.968,0
7,293,0 213,806.0
7,298,0 210,643.0
7,602,0 205,384,0
200,0
158,0
86,6
136,7
166.9
69,8
46.5
93.7
660,9
143,3
88,8
626,0
309,0
41,6
41,9
66.7
74.1
136,0
37,1
81,3
38,7
69,7
80,4
102,0
42.8
22,2
21,6
23,9
246,6
146.5
Totals Nov. 26.. 7S63,o 7,040,5 to,233,2 2,64Q,7 3,6^3,0 6503-5 i,Sc7,3 64,017,9
Totals Nov. 18.. 7'36s,o 7,940,5 60,637,8,3,620,4 3<7S3,t 6,437,0 1,750,8 64351,7
Totals Nov. 11.. 7,362,0 7,940,5 6t,4<ioMa,665,3 3,Si2,3 6,9Si,9 1,425,9 6$3iO,S
City,
Capital &
Surplus.
16,2
12,8
62,6
10,2
27,6
32.4
Richmond.
Bank of Staten Isl.
member banks.
Banks.
119,3 1.114.2
133,4 1,261,4
159,9 1,271,1
39,9
342,5
573,6
62,8
57,1
771.2
433,6 2,599,6
391,6 3.032,1
203,5
935,6
571,6 3,734,0
564,8 2,374,0
106,9
743,7
127,0
879,7
526,3
63,4
461,4
71,4
215.0 1,188,2
601,4
64,1
332,8
67.1
666,7
36,9
356,3
18.6
Borough of
Boston & Pliiladelphia Banks.— Below
we furnish a summary of the weekly returns of the Clearing
27
House Banks of New York City, Boston and Philadelphia.
The New York figures do not include results tor the non-
New York
"
160,0
100,0
300,0
100,0
100,0
150,0
263,0
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
Broadway
&
.
JB.
White
BANKERS,
...
INVESTMENT SECURITIES.
Members New York Stock Bxcbange,
No.
I
NE^V YORK.
NASSAU STREET,
36
NASSAU STREET, NEW YORK.
FISK
& ROBINSON
BANKERS
,
INVESTMENT SECURITIES.
HARVEY KDWAKD
FISK.
GEORGE H. ROBINSON.
Member
N. Y. Stock Gxchang*.
THE CHRONICLE.
1134
^
buying
discount, selling par; Charleston, buying 1-10
discount, selling 1-10 premium; New Orleans, bank, par;
commercial, $1 25 discount; Chicago, 60c. per $1,OSO premium; St. Louis, 75c. per $1,000 discount; San Francisco,
10c. per $100 premium.
(^ix^ttU.
"^iinktxs^
OIVIDJBNDS.
Per
Name of Company.
Cent.
When
Books closed.
(Days inclusive.)
Payable.
Railroads (Steam).
—
United States Bonds. Sales of Government bonds at the
Board include $69,000 3s, coud., at 1093^ to lOg?^; $920 ditto,
small bonds, at 109 to 1095^; $1,000
Boston & Lowell
Boston Revere Beach & Lynn. ..
Delaware & Hudson (quar.)
Little Miami, guar, (quar.)
Phila. Wilmington & Baltimore.
1"
Jan.
Jan.
Dec.
Dec.
Jan.
Bank
5
Jan,
1
1
Dec.
Dec.
Dec.
Jan.
Dec.
Dec.
Jan.
Deo.
Jan.
Dec.
of
[Vol. LXIX.
Banks.
New Amsterdam
lOiRcellaneous.
Chicago Telephone (monthly)...
Consolidated Gas, N. Y. (quar.)
Cons'd Lake Superior, pf. (qu.).
Continental Tobacco, pf.(iiuar.).
4
1
1^4
1%
134
Cramp
(\Vm.) Sons S.& E. Bid. (q.)
Equitable 111. G. L., Phila., pref.
Republic Iron & Steel, pf. (qu.).
Southern Cotton Oil
United States Leather, pf. (qu.).
Va.-Carollna Chemical, com. (qu.)
3
1%
2
1^
1
Dec. 3 to Dec. 9
Dec. 16 to Dec. 31
15 Nov. 90 to Deo. 15
10 Nov. 30 to Dec. 9
to
2
1
1
—
—
2
to
5 Nov. ."0 to
15 Nov. 30 to
to
15
2 Dec. 16 to
15 Dec. 6 to
—
—
1
3s, reg., at l(i93^ to 109^^;
$70,000 4s, coup., 1925, at 132i^ to 132=^; $24,000 4s, reg.,
1925, at 132K to 1325^; $13.0U0 4s, coup., 1907, at 1131=^;
$27,100 4s, reg., 1907, at 11258^ to 1133.^ and $14,0U0 5s, coup.,
at 111?8 to 1113;^. The following are the daily closing quotations for yearly range see seventh page following.
;
Deo. 5
Dec. 15
Jan. 2
Dec. 15
to
1
1 Dec. 16 to Jan.
to
15
2
2 Dec. 16 to Jan.
1 Nov. 25 to Nov. 30
WALL, STREET, FRIDAY, DEC. 1, 1899.-5 P. M.
The Money Market and Financial Situation. — A more
favorable bank statement on Saturday than for some time
past and a demand for trunk line shares stimulated considerable activity in the stock market at the opening of the
week. Later on. money market rates, which are still a
dominant factor in Stock Exchange operations, advanced
again and checked the buoyancy which had developed.
Accompanying the demand for trunk line shares noted
above were reports of a union of interests in the future manOhio comagement of the Pennsylvania and Baltimore
panies, which foreshadowed harmonious relations between
all the principal transportation systems operating between
the seaboard and the interior. The estimate which Wall
Street puts upon the importance of such relations is re-
&
flected in an advance in Pennsylvania and New York Central shares to near the highest quotations of the year.
The period mentioned in the Secretary of the Treasury's
proposition to purchase Government bonds expired on Wednesday, and the total amount disbursed at the New York
Sub-Treasury on that account was $16,496,100. Thursday,
Secretary Gage extended the privilege to purchase the
unsold balance to Dec. 23. Other than the above the week
has been a quiet one, the national holiday and close of
another month naturally tending to restrict operations at
Interest
Nov.
Nov,
Nov.
Nov.
Nov.
Dec,
Periods.
25.
27.
28.
29.
30.
1.
*101is *102
*102
*10938 '1091^ *109>i
109^2 1091^ 109'>8
reg.
reg.
28,
38,1918
38,1918
coup.
3s, 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
*i09'"
*113l8
II314
1321a
O
O
i09"
113i€
*102
*109Sa
109 58
>>
•<
i09«8
1131^
icgifl
112%
i-i
ni3i8 1131*
1321a 13258
ri
11314
•'1321a
•132i«
-IIII4
IIII3
*132iffl 132»(, 132S8
mils 'lllifl *llll4
'lllis *llli8 11138
the price bid at the morning board
;
no sale was made.
—
State and Railroad Bonds. Sales of State bonds at the
Board are limited to $2,0(J0 Tennessee settlement 3s at 96
and $21,000 Virginia funded debt 2-3s at 85^^ to 86.
There was a fairly good demand for railway bonds on
Monday, in sympathy with a buoyant stock market, which
resulted in an upward tendency of prices and a volume of
business amounting to about $2,900,000, par value, that was
well distributed. Since Monday the market has lapsed into
dulness; sales averaged less than $2,000,000, and prices were
generally steady.
Missouri Kansas
Texas extension 5s and Colorado Midland 1st 4s were strong features, advancing 23^ and 1^
points, respectively, on limited sales. There was a fairly
liberal movement of St. Louis Iron Mountain & Southern 4s
and St. Louis Southwestern 2ds at advancing prices. Fort
Worth & Denver City and Wabash debenture series B were
notably weak. In addition to the above the active list
includes Atchison, Baltimore & Ohio, Kansas City Pittsburg
& Gulf, Northern Pacific, Reading, Southern Pacific, Southern Railway, Union Pacific and Wabash issues.
&
Stock and Bond Sales. — The following shows the volume
The open market rates for call loans on the Stock Exchange of business in stocks and bonds on the New York Stock Exduring the week on stock and bond collaterals have ranged change for the past week and since Jan. 1
the Stock Exchange.
To-day's rates on call were 5 to 7
percent. Prime commercial paper quoted 5}^ to 6 per cent.
from
3 to 10 per cent.
The Bank of England we ikly statement on Thursday
showed a decrease in bullion of £783,746, and the percentage
of reserve to liabilities was 41"20, against 43'19 last week; the
discount rate was advanced from 5 to 6 per cent. The Bank
of France shows a decrease of 4,425,000 francs in gold and
1,200,000 francs in silver.
New York City Clearing-House banks, in their stateof Nov. 25 showed an increase in the reserve held of
$7,244,500 and a surplus over the
required reserve of
$6,652,200, against a deficit of |312,025 the previous week.
The
ment
Sales at
,
— Week end.
N. ¥. Stock Exch.
Government bonds
State bonds
RR. and misc. bonds....
Total
Stocks- No. shares
Par value
Bank
Differen'sfr'm
Prev. week.
1898.
Nov. 26
$
1897.
Nov. 27.
Jan. 1
1899.
.
Dec.
to
1.
——
1898.
$9,560,940
1,925,700
781.202,400
$22,459,480
3.041,200
771,801,410
$8,239,020
2.487,971
$23,014,530
2,730,689
$266,110,150
$5,450
792.689,040
159.857,140
$15,498,838,750
$328,576
$796,802,090
98,415,488
$9,439,399,625
$185,410
add the following record
of the daily transactions
Weekending .Stocks.
Railroad, <tc. State
U.S.
Dec. 1,1899. Shares.
Par value.
Bonds.
Bonds.
Bond»,
.
.HOLIDAY.
Saturday
Monday
Tuesday
Wednesday
Friday
Total
The
$
Capital
59,422,700
58,272,700 69,022,700
Surplus
79,083.700
75,911,300 74,440,100
Loans &disc'nt8. 676,636,400 Deo.3.125,800 691,419,800 594,267,500
Circulation.
16,471 ,500 Inc.
^,300 16,330,900 16,009,100
Net deposits
737,958,000 Inc. 1,121,100 782,729,300 659,861,500
Specie
142,010,600 Inc. 5,232,300 158,481,500 104,150,500
Legal tenders
49,131, lOO^Ino. 2,012,200 55,558,400 83,375,800
Reserve held
191,141,70o!lnc. 7,244,500 214,039,900 187,526,300
Legal reserve
184,489,500 Inc. 280,275 195,682,325 164,965,375
.
$656,430
133,100
22,325,000
823,166
577.403
589,228
$81,203,600
57,333.550
58,468,300
498,174
49,132,800
1,277,500
4,000
66,100
2,487,971
$246,138,250
$7,997,000
$23,000
$219,020
Thursday
1899.
Nov. 25
—
1898.
$219,020
23,000
7,997,000
$246,138,250
shares, par value.
$1,000
We
Dec. 1.
1899.
sales
Boston.
Unlisted
shares, shares.
,
Saturday
Monday
Tuesday
24,488
17,992
15,916
15,169
9.881
8,069
14,524
8,059
Thursday
Friday
Total
$19,000
.HOLIDAY.
$89,500
19,320
94,100
on the Boston and Philadelphia Exchanges were:
Listed
Wednesday
$2,881,500
1,989,500
1.848,500
72.920
40,(
.
Bond
Philadelphia.
Listed Unlisted Bond
.
shares.
sales.
14.150
15,546
12,177
24,916
44,791
23,961
233,158
226,719
251,315
10,982
18,191
236,090
52,855
111,859
947.282
sales.
shares,
46.655
24.875
30.250
17,510
EXCHANGE CLOSED
THANKSGIVING DAY
119,290
—
Railroad and Miscellaneous Stocks. The stock market
has been irregular, both in volume of business and moveForeign Exchange.— The tone of the foreign exchange ment of prices. Unusual activity and an advance of nearly
market has been affected chiefly by money market con- 5 points in Pennsylvania shares on Monday attracted attenditions abroad, but changes in actual rates for exchange tion and led to activity in other trunk line stocks, in the
have been exceptionally narrow and unimportant until to- course of which New York Central sold above 140 and
day, when they advanced on the Bank of England's higher Northern Pacific within a fraction of the highest quotation
this year. St. Paul was weak on its report of net earnings
discount rate.
To-day's actual rates of exchange were as follows: Bank- for October, which showed heavy disbursements, and was
Siu-pluB reserve
6,652,200 Inc. 6,964,225 18,357,575 22,560,925
Note.— Returns of separate banks appear on page 1133.
ers' sixty days' sterling, 4 81(34 813^; demand, 4 86i4'@4 863^;
cables, 4 87>^(a4 873^; prime commercial, sixty days, 4 S0}4@
4 805^; documentary commercial, sixty days, 4 79^
4 81^;
grain for payment, 4 81(34 81 '4; cotton for payment, 4 79^ (g
4 80; cotton for acceptance, 4 803^(2)4 805^.
Posted rates of leading bankers follow:
@
December
1.
Sixty days.
®4
82^1
80^-a>4k
80^
Prime bankers' sterling bills on London.
Prime commercial
Documentary commercial
79%®4
Paris bankers' (francs)
22ifl*'S'22ifl
Amsterdam
(guilders)
bankers
Frankfort or Bremen (reichmarks) b'kers
* Less ije.
82
8m
39iBi6®'lO
94i8®943,6
Demand.
4 87
5 1938"®1936
40l4'3i40oie
95®95iifl
The following were the rates of domestic exchange on
at the under-mentioned cities to-day: Savannah,
New York
therefore disappointing in some quarters. The other grangers were generally steady. Chesapeake & Ohio was one of
the most active issues on the railway list and advanced 2
points. The anthracite carriers were strong. Local traction stocks were irregular. Third Avenue advancing 23^
Eoints, Manhattan Elevated 23^ points, a part of which has
een lost to-day, while Brooklyn Rapid Transit steadily
declined.
United States Leather was again the prominent feature
of the miscellaneous list; transactions in it were on an
enormous scale, and it declined to 10%, a loss of nearly 10
points within the week and of over 30 points within a month..
The iron and steel stocks were strong, led by Federal Steel,
which advanced on rumors of prospective dividends. GenNew York Air
eral Electric made a new high record.
Brake advanced 6 points or more. American Sugar Refining and Consolidated Gas were weak.
Dec.
THE CHRONICLE -STOCK
2, 1899.]
New York
STOOKS-HiaaEST
Satu rday,
Nov
.
a5.
Monday,
•18
82H
63M
56M
32
87%
•45
•88
95
54
121
46
"iiii
9
A
66H
58H
85
89
66
669i
569<
829g
879i
579i
83)4
8794
59
88%
59
96
59
96
5fl9«
85%
89%
58%
94
96%
54%
46
94%
55
94
169>i •168
•802
203
170
205
118H118« 118
170
190
106
14
(3D
i
40
2
2
23
8X
<
1
"
106J4
14
19
107
14
^H
22%
9
23^
6%
8%
517%
48
19
19
107
15
46
8^
6%
107
809t
75i»
21
309i
749i
75H
18%
I79i 20
1
130
180
S
6%
6?^
15
3
b
s
^
'laji
37i«
<
-19
45
1
1
2
1
>
69^
13H
37H
19
87
20
45« •45
20
45%
91
168
103
•11
49
8%
9%
Chlo. Terminal Transfer..
Do
48)4
pref.
64)4 Cler. Oln. Chlo. * St. L.
108
Do
pref.
13% Clev. Lorain & Wheeling.
49%
Do
pref
9% Colorado Mid., vot. tr. otf s.
.
18
18
6%
7%
7%
17)4
1^
a
>
a
w
<
•ll
9
r,
a
•11
12
9H
9>i
•4
......
fl
3J
S
21Ji
»
80
'205
•18
81
21}i
80
810
2;
h3
104
n
193Ji
29
82
W
t
jg
^
9H
4%
55
•11
•••»•
18
21
205
55
66
k4^
•80
82
13?<
4?1
4%
13%
49<
83
139^
5
•30
13%
5
. .
"A"
pref.
10)4
3%
20
21
810
55
.
55
Long Island.
58
.
. . , ,
85% 86% LoulsvU]e4 Nashville....
105% 10696 Vflanhattan Bier., consol.
192% 193)t i'A etropoUtan Street
28% 28% Met. West Side El. (Chlo.)
80% 82
Do
pref.
82
13
1396
5
1396 Mexican CentraL
5% Mexican Nafl
•4%
reots...
tr.
;
•98
^84
:
65
:
:
*i^H
;
3991
48
45
•186
:
;
67%
689^
99H 97% 97H
24H •83% 25
6696
6691
64
ia«
•12%
1294
39% 40
48% 49
40%
49H
45>4
18S
64
•44Ji
•186
4594
188
66
97
•83
•64
"ia" "6B% Minneapolis 4
•95% 98
Do
66
99
85
66
•83
•45
186
84
:
^34
1
•133*
84
85
87
§36%
135" •133
1315
35
1
85
•85
27
71
..
:
:
759i
:
38%
135
815
85% 25%
85M
27% 879i
70% 719*
S5M 56
:
84
76
83
38
133
1815
85%
85
Minn.
St.
P.
Do
4
St.
S. 8.
.
Marie.
pref.
13%
39
39
48%
4896 Missouri Paclflo
•188
Louis.
3d pref.
18
44%
46
188
Do
pref.
Moblle4 Ohio
46
188
Morris
4 Bssex
134% XT T. Central 4 Hndson..
i^ N.Y. Chlo. 4 St. Louis.
•1396 15
•83
Do
1st pref.
Do
8d pref.
36% 36%
New York 4 Harlem
N Y. Lack. 4 Western.
•814
817 N. Y. New Haven & Hart.
85% 85)4 N.T.Ontario 4 Weatern..!
85
Norfolk & Southern
,,
138% 139^ 138% 140% 138% 139%
•1396 15
•139< 15
113% 13%
:
35
63
83
18% 12%
39% 39%
48% 48%
134
85
36
135
816
. .
8596
....?.
87M
26% 87%
55%
71
559<
7096
6696
7596
76
86% 87
70% 71
58% 57%
76% 7796
71
56%
76% 77%
Norfolk
Do
4 Western
pref.
Nor. Pao. By., rot.
tr. ctfs.
Do
pref.
/^r.RR.4N.Co.Tot.tr.ofs.
KJ Do
isiji
^86
^65
:
5i«
51
•88
90
67
134% 137
:
:
:
*H
74% 76
:
•89
:
6
:
:
•89
94
Bid and asked prices
79k
74% 74%
20%
20% ao«
58>^ SQH
31
31M
:
'56%
86
94
81
58% 59%
31
;
31
6%
73%
189
4 Ful F—Stock.
Bid.
Ask.
38
100
835
104
110
41
101
115
Sd Oslnt as rental. 1905 106
Central Croestown— Stock 370
M4N $184
IStM 6s 1922
en Pk N 4 B RlT—Stock 190
Oonsol 7s 1903
J4D 108
117
106
300
128
BieMk
St
Ittmort 7s 1900... J4J
B'way 4 7th Av»— Stock.
* • • •
105%
Istmor 5s 1904... J4D
118
tdmor 5s 1914.... J4J
1943—
Con 6s
Sm Stock Bxohl 1st.
BwaySur I8t58gn.l924
109
73
89
§
»-
30%
6%
74
94
81
38% 59%
30% 31
Less than 100 shares,
(Givek at foot of
Peoria Decatur 4 Evansv.
PltUb. Gin. Chlo. 4 St. L.
Do
—
.
.
i-V 1st pref., vot. tr ctfs.
2d
t £2x diy.
7
pref.
T> eadlng, voting tr. otf s
pref.,
and
voting tr
rights,
t
9
68
35
25
63
78
94
May
6
10 108
Dec
15%J'ly 14
496Sep 13
37
68%Jan
Apr
66
J'ne
Jan 113%Feb
18
71%J'ly
38 Mar
80 Apr
7 Feb
33 Apr
86
54
38
Dm
DM
11
jay
Aog
Not
38%J'ly
Apr 166%Dm
113%Mar 143%Dm
183 Jan 191%N0T
80 Mar 114%DM
65 Mar 94 Dm
§148 Jan 170 Not
Ma,^
996MU
37%An«
47%An8
77%Mar
ll%Mar
97 Deo
19%Ja]l
Nov
53%8ep
4%Jai\
88%Jan
25
1
43
5%J'ne
Dm
9
80%Dm
6%Nov
896DM
4396NOV 50%Dm
Sep
14
8%Jan
J'ne
14% Nov 30 Dm
Nov 114%Feb
Oct 159 Feb
Apr 31%DM
Apr 71960M
8%Apr 83%Dee
396Aug
3%Deo
8%Ang
5 Apr
11 Apr
18%Feb
39%Apr 4396Feb
15% Apr 3l96Feb
83 May 4196Deo
Jan
4
3
9
Feb
1
142%Jan
49%Jan
6
5
32%May
65 May
Jan
73%Dm
3%J'ly
7%DM
40
Mar 18%N0T
Aug 49 Not
25 Jan 5 §15 Nov 38 Mar
30 Mar 28
10 May 17%Dm
195 Mar 13 tl33 J'ly 180 J'ne
61% Jan 31 40%J'ne 50 Deo
15
19
10
36
96
Apr 11596DM
7%Mar
Apr
5%Oct
15 Apr
25
3
15
12
53
Jan
May
Oct
Oct
11%DM
43%Dm
8 Dm
35%Dm
S%J'na
l8%J'na
33%Aug
83 Aug
Dm
Dm
Dm
Street RaH\Tayg.
Bid.
Ninth Avenue— Stock.
Second Avenue Stock.
1st mort 58 1909.. MAN
19C
198
51%Jan
28%Jan
Ask.
300
800
108% 109
Consol. 58, 1948.. .F4A 120
131
Sixth Avenue Stock. .... 205
380
Sou Boulev 5s 1946.. JftJ «110 118
So Fer Ist 5s 1919.. A40 nio% 113%
Third Avenue— .See Stock Bzch list.
88th 4 29th Sts Ist 58. '96 {114
118
Twenty-Third St^— Stock 395
Deb 5s 1906
J4J 106 108
300
Union Railway — Stock.
190
Union Ry lit Ss •42.F4A 115 117
.
.
Dm
Dm
68
99
9%Feb
7
7
T
Mar
17%0ct
68%Apr 4
38%Mar 22
36
5496
89
Deo
Jan
AH assessts. paid.
vKQm).—81REEl RAILWAYS,
—
Se»
93
7 194)40ct 30 140
7 3696Apr 27
10
11 80 Apr 27
40
43%Jan
Before payment of assmt.
—
34
76%3ep
00%Jui
140
13)4J'ne 1
3 Apr 11
7%Jan SO
Aug
79%DM
78%DM
83%Apr 130%Dm
6
6496N0V 27
5
J'ly
49
03
83
23
4
18% Jan
49%Dec
9%Dec
9
Feb
16
3696DM
85%Mar 135%DM
39
25%Mar 87
58%Mar 27
37%J'ne 23
5 Oct 12
Mar
Mar
Ma;
Apr
83%Oot
17%Mar
7
3
7
Oct
44%Mar
23
12
Feb 8 126)4 Sep
Jan 16 185 Sep
7%Jan
36%Jan
42%Jan
Apr
Jan
200 196%Jan 5 208 Jan 84 170% Jan 316
650 46 Nov 9 85 Apr 4 40 Jan 59%Aa8
16,375 63 Mar 6 88960ct 30
44 Apr 65%DM
80,030 97 Jan 4 13396Apr 3
90 Oct 130%Jan
8,329 187)4Sep 18 269 Mar 28 125%Mar 194%Dm
1,314 13%Augl2 29%Nov 23
115 44%May 5 83 Nov 24
3,369
7 17%Apr 27
6 Jan
4% J'ne 7%DM
1,865
1
%Dec l)<lUy
Jan 6
6%Sep 13
99%Mar 118
110 Oct 25 118 Jan 24
4',8o6 35%Jan
24 Mar 38%Deo
8 78 Aug 29
100 73%Jan 7 99%Nov 18
46 Mar 78%Deo
8%Mar 7 Mar
8%Jan 24 37%May 18
300 39 Feb 10 72 May 18
400 ll%May 10 14% Jan 30
10 Apr 14%Jan
2,300 30%May 31 45)4Aug31
28%Mar 41 Jan
14,705 38%J'ne 1 58%Apr 4
22 Mar 46%Dm
300 33 Jan 3 58 Aug 88 34 Nov 88%F«b
176 Jan 3 §187 Nov 24 §187%Jan {180
38,348 131%Jan 3 144%Mar29 105 Mar 124%DM
10 13 J'ne 39 19%Jan 23
1196Mar 1596Jan
100 65 Mar 7 86 Oct 24
73 Feb 76 Jan
535 29%May 84 41 Jan 83 88 Mar 40%Ju
§360 Jan 25 S390 Mar 14 §330 Jan §352 Oct
129%Jan 87 il38%Marll §120 Apr §128 Not
33 §198 Jan 19 1222 Apr 20 §178)4Jan 301
5,764 1896 Jan
3 28%Mar 87
ISXApr 19%Dm
70 May 15 88%Xov 6
60 Nov 85 Jan
la.sYo 1796Mar 17 8896Aug 23
ll%Apr 10«iDM
4,015 6196Jan 6 744Aug 23
42%Mar 63%Dm
60,305 4 896 Jan 7 57%Aug 24
19 Feb 44%DM
80,3:40 72)40ct
S6%Mar 79%8«b
3 81%Jan 88
33 J'ne 8 53 Jan 83
36%Jan ei%A«c
68%J'ne 16 77%Sep 83 66%Mar 78 Wot
680 38 May 11 54 Nov 1
34%J'ne 48%B«p
84%Apr 18 90 Feb SO 79 Deo 91 J'ne
50 58%J'ly 6 88%Nov 1
57 Not 89 Bep
115,421 122% Jan
5 148 Jan 83 110%Mar 183%Dm
2%Ma7
%Jan
36,313
1
Jan 19
796NOT 38
1,470 43 May 11 88 Jan 83
38%Jan 68%Dm
83 80 Feb 10 100 Aug 17
07 ICtt 84%Dm
15%Mar 83% Jan
810 1996May 13 26 Jan 84
14,700
3,450
otfs..
consecutive
Bid. Ask.
Street Ratl^ygye.
Clirlst'p'r410th St^Stock 170
175
ColA 9th Ave 5s-S«« Stock Bzchl ist.
Dry D K B 4 Bat— Stock
185
150
1st gold 58 1932... J4D 117
130
Scrip 5s 1915
F4A 103 105
Blghth Avenue Stock... 400
430
Scrip 6s 1914
108% 109
43d 4 Gr St Fer— Stock.
400
420
43d St Man 4 St N Ave..
76
83
Ist mort 68 1910.. MAS 116% 118
2d Income 6s 1915. J&J
89
Lei Av4 Pav F Ss-Sm Stk Kichl ist.
Metropolitan See Stock Bxohl ut.
.
Coast Co
Do 1st pref
Do 3d pref
136% Pennsylrania
5%
74
89
pref., Tot.tr. otf s.
T>eM!lflo
64%
§64%
136
6%
20% 80%
58% 5996
31
31%
OUTSIDE SECURITIES
Street R.a§l\Tays.
HHW YORK CITY.
86
90
67
no sales on this day.
50
90
§50
51
•65
•85% 67
137% 136% 137%
1349i
5%
:
51
90
Migheat.
Dm
Michigan Central
67%
(1898).
40%Feb
lOMApr 10%I>M
22%Mar 02% DM
31 Oct
58% Dm
6 May 4
9%Oct 31
1,830 33 J'ly 18 37963ep
6
6,561 64%May 13 88%8ep
6
6,681 110 J'ne 1 122 Jan 83
500 10%Mar 7 15%Aug24
800 43%May 31 62%Ang 25
7%Jan 13 15 Mar 22
4*,53'5
7 Mar 15 18 Jan
6
3 May 9
5%Feb 1
15 Mar 2 22%Aug 86
710 14%J'ne 9 22%Jan 27
910 60 Jan 16 81%J'ly 38
IVan. City Pitts. 4 Gulf.
4% Keokuk 4 Des Moines
18 20
Do
pref.
20X 20% T ake Brie 4 Western....
i-<
80 81%
Do
pref.
•206 210
Lake Sh. 4 Mich. South.
10%
91
170
14
14
1,065
.
85% 85% 85% 86%
106
104% 1069* 105% 106%
\9iH 193 194% 198% 19SM
28
28
28
a9H 38
13?^
86% n Do
24
11
34
8496Mar 15
SO%J'ne 2
97 Jan 3 12696NOV 2
23%May 31 319«Dec 1
124% Jan 7 14 9% Feb 18
44 Sep 80 8896Apr 89
59%Jan 4 100)4Sep 1
17
Do
pref.
Ft. W. 4 Den. C, stamped
Ft. Worth & Rio Grande.
pref.
75%Sep 20
19%Oct 26
48)40ct 26
24%Feb 23
68%Aug 24
61%Apr 12
85%Nov 28
137 Apr 15
59 Nov 39
98%Sep 82
99%May 31
70 Jan 83
33%Jan 3
8 Nov 28
17%Nov 28
12%J'ne 23 16% Jan 19
33%J'ne21 42 Jan 84
16%May 8 22%Jan 30
500 36 Mar 28 46%Nov 17
70 Jan 7 98%Sep 9
6,355
7,022
70
3,035
Illinois Ceutral
115% 116
13% 14% i-owa Central
68
Do
59
pref.
11
12
1/ anawha 4 Michigan.
80% 80%
•206
65
510
100
*-
ofs.
43%J'ne 83
87%J'ne 21
1,140 157 Jan
1,510 18%Jan
pref.
Deb. ctfs. "B"
185% "35% TJocklng Valley
1
Lowest.
41%J'nel6 58%Mar 17
14%Sep 16 25 Mar 22
1,670 106%Jan
3 125%Apr 80
Des Moines 4 Ft. Dodge.
Dul. So. Shore 4 Atl
VJr'nB.4W.,deb
12
865
965
.
••••#•
9% 10%
4%
21
Do
835
885
600
12,275
8,289
3,240
pref. vot. tr. ctfs.
Col. & Sou., listed May 34
Do
1 St pref.
do
Do
2d pref. do
PUnt 4 Pere Marquette.
•3%
20
80% 80%
205
55^ 55H
85% 86Jft
g
18
,
38
20
••••
Z>
=3
.
Do
176% 176% r^ reat Northern,
34^ 34M 34% 35% 34% 35
65H 655< 65% 66% 6S)« 66%
116 116% 115 116
115% 115%
'14
14
14%
14
59
69
59%
58% 68)i •58
I
17)4
18%
3796
18
45
90
13%
38
20
91
1,350
80,9 5
Do
pref.
13% pne.
Ij Do
1st pref.
Do
ad pref.
45% BvansT. 4 Terre Haute
91
Do
pref.
17
45%
190
14
74% 74%
45
87
310
pref.
•119% 121% Plelaware & Hudson
189
189% A-' el. Lack. & Western...
80% 31 Denver 4 Bio Grande
30% 20%
75%
19%
16%
pref.
Do
•18
7
3796
•18>4
LouIst..
pref
St. Paul.
& North Western.
Chicago
23% 8496
6% 696
48% 48%
18% 18H
3496
176% 176% i76% 176%
li76Hi77
163
•74%
12%
&
124% Chicago Milw. &
174%
Do
48%
68%
107
696
6%
48% 48%
18% 19
I129«
Do
184
14
14% 14%
46% 47
47%
19%
15% 17%
13%
87% 37%
15
"A"..
4 p.c. pref. "B"..
5 P.O. pref.
Chlo. Indlanap.
51)t
•170
83%
209<
17%
17
50%
.
Do
Do
8
9
7
65 112%Jan 3 13296Sep
8,975 13 J'ne 1 2096Jan
1,679 8396Jar.
3 103)4Aug
1,610 50%Jan
5 85%Aug
400 28 J'ne 82 4496Sep
5,835
7%Jan 6 19 Nov
720 31 Jan 4 52%Nov
22,992 120%Jan 3 136%Sep
480 166)4J»n 3 179 Sep
900 141%Jan 4 173 Sep
310 188 Jan 19 210%Sep
5,487 107%May 13 ia2%Jan
pref.
§201% 20'%
Do
pref.
118% 113% Chicago Rook IsL & Pao.
•117% 118% Chic. St. P. Minn. &0m...
23)4
75
20
8
800
94P
Do
\t^
93
88% 83%
40% 419t
121HiaiJ< 120% 12l9i •119% 121
189% 189% 1899i 190
189)6 189%
5
B
>
2
P
<
pref.
Chicago Great Western.
i!^
94)4
Do 4 p.c. debentures.
178
Highest.
Apr 29
36 May
17 May
5096Jan
30%Mar
650 69 May
.
170
202
8%
Do
189
•
13% •12% 13%
42% 43% 42% 43%
62% 64% 63% 64%
48
69i
148
^
^
)
4
•115
•170
.
.
•12%
S12% 14
iS^ i9H
62H 64?^
118
180
19,615
54,316
pref
41,112
Dalt.40hlo,vot.tr.certf9.
*> Do
pref 148,964
74,818
Brooklyn Rapid Transit.
548
Buffalo Booh. & Pittsburg
Santa Fe.
/Canadian Paclflo
64)4 v^anada 8outhem
53%
113^ill4H 1139^113% 113% 11396
175
200
pref
A
•121
8,018
133)4 Central of New Jeraef ....
151,826
3096 3196 Chesapeake & Ohio
37,457
18296 13396 Chicago Burl. & Qulnoy.
48
1,910
47% Chicago Consol. Traction.
1,400
W6% 96% Chicago & Raat. Illinois.
8296
•168
§802
59
96
96
•94%
83%
40% 41%
16^ 18%
51
51%
12494 125%
•173%
174%
174M 174^ §173% 173%
168
203
88%
8596
9594
§539i 5394
\2i% 12294
3096 3094
Range for previ-
for year 1899
Lowest.
14
fi-
23)4 Atoh. Topeka
66)4
Do
65%
57% 57%
83% 84%
849i
Shares
Range
On basis of loosh're lots ous year
Railroad Stocks.
A nn Arbor
Do
30
46H
23
5iH 54
181H 121%12a%
ap« 30^ 29^ 3C9<
133 1341^ 132% 133% 132% 133%
48
47H 48
48M 47% 48%
97
97>^
97
97
96% 96%
il29% 129% *..,.?. 189
1129 139
14« 1474 14% 14% 1496 14%
91% 93%
•90i^ 9m •9C9^ 91%
82% 82% •82
829i
41
42^ 42H 41
16
16%
159i 17
49 51
50« 51
124% I3614 1249^185%
1.
18
45
80
46%
8a% 88%
94%
95
18
Dec.
Nov. 30.
47%
82% 23%
65)i 66%
56
94
82^
20
Nov. 29.
Sales
of the
Week.
STOCKS.
Y. STOCK EXCH.
N.
1135
1.
Weekly and Yearly Record.
Daily,
Friday,
Wednesday Thursday,
Page
(2 pages)
YD LOWEST SILB PRIOES.
Tuesday,
Nov. 28.
Nov. 27.
"iiu
4.
Exchange— A
Stock
prices
Street Rallvrays.
dtc.
Bid.
Westohestlst5s'43..J4J {110
Hi
BROOKLYN.
Atlan. Ave., 1st 5s..A40 {105
A40 114%
Con 58 g 1931
Impt 58 g 1934
J4J 100
4W.B.
1933.
B.
5s
A40
101
B.
101%
Brooklyn City—Stock
838
^41
Consol 58 1941
J4J 116
B*aynCro88tn5sl908.J4J 105
BkinHgtslsl 5s 1941A4t> 104
a'kyn 5 Co.& Sub— See St Ck Bx. list.
s^tn ck Ki. List
Brlvn Rap. Tran.—
."?/!>
THE CHRONICLK-STOCK prices (2 pages)
1136
8T00KS— HIGHEST AND LOWEST SALE PRIOES.
Saturday,] Monday,
Nov. 25.
Nov. 27
Tuesday,
Nov. '28
•43
44
44
88«
'.'0«
6%
•51
17
11
61H
ired»tesdai/
Nov. 29.
•43
•89
7
•52
•17)6
44X
90H
6Ts
7)i
6lH 53
17
17
17
11
11
11
73
73X 171% W^
136
36^ 37
30
11^ 13« 12% 13%
32?*
38H
83)i 32)6
S59
ilOS
43
•60
'108
59
103
44
i3M \^%
57% 58^
18H 18H
151Ji 152H
•80
•40
65
130
50
85
45
6S
138K
5896
18)6
161
•103
43)4
13)4
5856
13
4894
24
43
70
8)6
8)*
22%
2296
28%
1196
11
11)4
58
57%
67% 67%
3096
30
•113
115
18%
17
61)4
37)6
94)6
63
17
62)6
8796
34S4
84
84
118>4 11994
34)4
183)6
118)i
4594 46)4
45
1138)4 138)4 '138
•1)4
2)4
*1X
34)6
83)6
34)t
83)6
118% 118
194
110
69%
81)4
110
62
sm
H
129% 138
5
H
100
50)6
52
100
113)6 113)6
85
25)6
6994 70
14
14
I
o
•68"
cs
!>
77)4
'102
10
•40
•94
30
43
72
79
103
80
43
30)t
110
110
61)4 «^H
3196 8296
130)4 131)6
49
50
•98
101
116
25
115
25
•6996 70
•13)4
14)6
16794
679<
7994
3M
3)4
•5
•98
•10
•41
94)6
30
396
•5
48^
•63
•35
48
•95
W5H
•35
40
14494 145
•35
146
48
1496
*8
149t
10
46
4696
113)6 1149*
59
89)6
194
25
70)4
•5g9i
12
115
51-94
8994
194
259t
71
59)4
12M
116)8
61)4
94%
94)4
30)6
•11)6
14
•67"
43
78
396
48%
95
95)4
•35
40
150
45%
151
1596
9
4696
11394
113%
59
pref.
Do
4096 Amer. Smelting
91)4
47)6
91%
pref.
American Malting
12
Do
pref.
Do
pref.
American Steel Hoop
Do
pref.
48% Amer. Steel 4 Wire (new)
Do
95)4
pref.
Do
119
99
pref.
American Teleg. & Cable.
3496 American Tin Plate
Do
84)6
pref.
American Tobacco
118
Do
46
•138)6 143
00
O
117)6
•1)6
53
130
•18
2!
pref.
Anaconda Copper
Brooklyn Union Oas
runsw. Dock&C.Imp't.
Colorado Coal & I. Dev't
17)4
-
3)4
olorado Fuel
55)4
130
19
Col.
100
100
10
10
41
41
Do
1596
•8
9
113%
59
90
59
90
*
OUTSIDE SECURITIES
9tr«et KallwRVK.
OaLCem
Gr.&B'ttynlst s
Coney Island 4 Brooklyn.
Bid
111
330
1904
J&J 101
&soertfBlndbtl910.J4J 101
B'kC.4New 58 '39.J4J {114
Or.8t.4New lst58'06A4O 104
G'p't 4 Lorlmer St. Istes. 108
Kings Co. Blevat.— Stock
Incomes
Rond»
90
Nassau Bleo pref
5s 1944
A40 no
I8t4slrf48
94
14J
1st 5i
Ontario Sliver
46% PaclflcMall
Do
760
8,356
6,5S5
1094
79)6
4796
iiox
110
U96)4
195
nSO
I
8794
30
80
Do
185
481,240
1296 United States Leather.
Do
15,727
80
pref.
1,380
4796 United States Rubber
Do
pref.
957
110
450
196)4 Wagner Palace Car.,.,
SO
ells, Fargo & Co
130
1,798
8896 Western Union Telegraph
(Given at foot of
t
18)4Aug
4096Aug
S8)<J>M
52)6Mar
38)6Feb
394Jan
[Mar
e9)6i>M
36 Not
73%ADg26
.'•ly
106
Jan 83
44)4NoT 24
31
Asg
sa
894F«b
OS J>IM
7MD«e
18
88)6
DM
DM
Dm
Dm
Apr 100
Apr 30
Apr lOMDM
14)40ct 30
5R96N0V 89
89
33
13)6May 34
4894May 26
5
Aug
31
NY4Qu8Co58l946.A40
lie'
117
CITIES.
110
119
114
285
34)6 35)6
101
102
105)6 106
100
p. 0.
.
Inbonds.
I
Btrcft Rallw^ny.
.
Bid.
85
106
104
,
Columbus (Ohio) — Stock.
Con 68 1932,— S«« Phlla
36
Jan 30
>••••• ••••
Aug 88
59
ill9 Feb 36 t97)4Apr
S3)6Dm
81%May 25
68968ep 7
46 Nov 2
15)6Mar 158 Not
97%Oct 86 66 M«r 88 Aug
52)6Mar 3 88 May 1180 Feb
il60)«Au 89 1116 Jai 139MAng
41)4Sep 8
85 Sep 11
1696NOV 39
61 Dec 1
87)6Jan 24
84 J'lj
90%Au«
87!4Jan 86
88
70)6J'ly
59 Apr 20
94)4Apr 80
Dm
4fe96>'OT!48
8e94Sep
78 May
10694Mar
182 Mar
123 Mar
105 Apr
5294Apr
9 9)6 Feb
14
4
13
20 107)6Mar 146%Aus
20 103 Mar 116 Jan
18 588 Mar 198)6
DM
4
8
829)6Apr
150
70
160
5
8394Jan 168M8«p
Mar 6 1 12)4Maj 135)6Ans
Apr 36
Mar 17 106 Mar 140)4 DM
8096Aug 14
7)60ct
596 Apr 81
64 Sep 11
XApr
Mar
17
14
J'ne
19<N0T
32% Dm
90
Dm
9|4Dm
805)6<l'ii*
65%Apr 17
J'ne 21
45 Apr 07 Sep
9294Jan 13 120)4Oct 80
74)6Nov 76%Oct
4698Feb 8 75 Apr 3
89 Oct 62
7a)6May 13 93)6Apr 3 69940ct 86)4Dm
95)6Jan 3 132 Nov 87
76 Sep
97
47)6Nov 17 7694Mar 20 6696Dec 73)6 De«
97 Oct 23 110 Jac 14 107)6Dec 10996 I>«o
97 Jan 3 117)6J'ly 13 l8794J'ne 9694 Dm
84>40ct 17 68)6Jan 83 48 Sep
67
67 Oct 30 95 Jan 5
85 Sep 95 Deo
10 May 6 36 Feb 37
39 Oct 30 63)6 Feb 23
6494Dec 67 Deo
70 Nov 14 84 Feb 17 81 Deo 88)4Dm
51 Mar 4 84)4Nov 89
37)6Mar 54»8AUg
96)6J'ly 18 103)6May 18
85 Mar 96)4Au8
5 Jan 25 39 Apr 85
5)4Jan
2 Aug
39%Oct 20 63 Jan 21 3096Ang 62)6Dm
94)*Nov 28 107% Jan 19 94%Aug 106
88 May 31 40)6Jan 80
26)4Mar 3996Aug
107 Nov 13 115 Jan 31
99 Apr 114)6
3 J'ly 13
9%Dm
8)6Jan 12
8)6Dec
4)6Mar 17
9 Ot 30
9 Feb
394NO?
48 Apr 20 70
ct 27
60 Mai 80 Jan
13 Mar 17 35 Oct 16
12)60ct
30 Jan
4394J'ne 2 63 Apr 24
85 May 15 8996Angll
36 Oct 87 43 Jan 85
40 Oct
43 Sep
113 Jan 3 330 J'ly 19
14 Apr 130 Sep
6%Jan 6 1796NOV 81
794DM
4>4Jan
6 Mar 23 10)6 Apr 87
6)4DM
3)4Jan
37)40ct 14 55 Jan 30
81 Apr
40
101 May 13 129)6Apr 3
Not
118
86)6Mai
4494J'ne 1 61 Aug 14
78 May 25 91 Sep 7
156 Jan 30 30794Oct 20 xl32Nov 810 J'ly
22)4Aug 86 33%Sep 6
68)4Nov 11 79 Aug 29
59 Sep 21 65 Apr 28
66 Mar 60969ep
6)6Hep 20 16)4Nov 2
10%Ang
3)4Jan
36 Jan 14 126 Sep 11
17 Mai
8894
111 Jan 4 160 Aug 82 i 80 Aug 106
24 J'ne 1 45 Mar 28
76 May 81 89 Mar 29
i46 J'ne 9 60 Jan 12
38 Apr 168)4
13 Nov 6 58)4Sep
22 Nov 17 78)4 Sep
594J'ne 7 4C%Nov
8%May
6)4Apr
68 J'ne 1 84)6Nov
5394Mar 76)6Dm
4296Jan 6 57 Apr
14)4Mar 48)6Aiic
IIP Nov 14 121 J'ly
60 Mai USJ^DM
181 J'ly 17 «805 Oct
iias Jan 10 135)6Sep
lll3)6My il81)6De.
86960ot 13 98)4Jan
83)4Mai| 96%Ad^
Dm
Dm
Dm
Dm
Dm
Dm
Dm
Dm
Dm
.
t
Bz 100
Ask.
87
107
list.
-.05
Crosst'wn- Ist 5s
Consol Trao Pitts— Se« P bila 11 sr.
113
Kansas City Bl 68
110
91
Bonds 48
> 89
Lake St (Chlc)Blev-Stock
J4J
deb 68 1928
Ry— 5 p c bonds
Common
Preferred
9%Aag
34>iAa8
78 J'ne 89 103%Aug28
63 Jan 4 101 Aug 18
Old stock,
Cleveland Ulectric Ry.
Con 58 1913
M4S
LoulsT St
6MMar
14)4Mar
33%Sep 85
81 Nov 8
oonsboutivb FA^Qua).— STREET
>*••••
Cleveland City By
Cleve Clty-l8t 5s •09.J4J
85)6Apr
13
64
1
7
Ask.
107
..
8%Jan 24
19
84
dlT. of
Bid.
Citizens' St (Indtanap.)
754 J'ne
19 May
8)4J'ne
50 J'ne
8 1)6 J'ne
Bz
105
Brldgep Tr-lst5s'33.J4J «108
Buffalo Street Ry— Stock. 100
Ist consol 5s 1931. F4A 117)6
Deb 68 1933
M4N §118
Chlca«o City BR— Stock.. 280
pref.
.
Street Knllways.
OTHBR
8,315
800
10
50)6 United States Bxpress ....
.
Unit. States Flour MllUng
Less than 100 shares,
8telnwaylst6sl938.JdiJ
pref.
25% Union Bag 4 Paper
Do
pref.
79)6
NewWnib'g4Fil8tei.4)6s
93
77
113
95
7,175
8,565
Pressed Steel Car
113
117
lo'.iVo
eop'l'8Qa8-L.4C.(Chlc.)
Ask
103
915
12,850
.
14)6
8096
47)4
i
3,S5C
2,225
l,6i5
11,280
3,207
"15"
Bid and asked prices; no sales on this day.
May
10
Dec
Mai
6
76)6Jan
Jan
00)iA«»
13
44%Jan
36 Jan
98)6Jan
87 May
23 May
60)4Mai
5>4Dec
46 Feb
<
pref.
5")6
88
192
895
196)6 185)6 Pullman's Palace Car
T> epubllc Iron A Steel..
8494 26
Do
pref.
70)4 71
•5894 59)6 Silver Bullion Certifs. ..
13)4 1294 ^ tandard Rope 4 Twine.
115 11694 Tenn. Coal Iron 4 RR .
20
23
1)!8
805
31s
1,75U
North American Co
1594
46)6
113)6
133"
88
100
IOC
pref.
Manhattan Beach Co
National Biscuit
•95
ICO
Do
pref.
2996 2994 !^atlonal Lead.
107
Do
1107
pref.
Nat. Linseed OU, tr. certf s
•5
National Starch
•60
Do
1st pref.
•15
Do
3d pref.
48
49
National Steel
9S
Do
95
pref.
•35
40
NewCant.Coal (new stock)
151
N.Y. Air Brake
1151
550)6
110
194
1128
14%Feb
1
88 Jan 6 130 Dec 1 05 Au«
6% Feb 15 21)4Sep 6
4)6J'ly
7,815 163 J'ne 6 233)4Mar 11 164 Oct
.
•26)6
•79
•48)6
1094
79)4
47)6
6
64 May IS
33)4Jan 6
694Jan
660
100
.
1929t Consolidated Oas (N. T.)..
32,380
42)4 Continental Tobacco
8,081
Do
9291
pref.
Detroit City Gas
"
400
Urie Telegraph ATeleph.
114,432
61)6 82% Federal Steel
10,657
Do
8196 82
pref.
8,760
129)6 129)t General ESeotrlo
2,71C
51
51)4 Glucose Sugar Refining.
200
99 100
Do
pref.
330
ill6
115
H. B. Claflln Co
600
•24)6 85
International Paper
1,400
Do
pref.
6994 70
•18
800
14
International Silver
43
Knickerbocker Ice (Chic.)
•68" 73
34
Do
pref.
6,870
83
83
Laclede Gas (St, Louis).
26
79
79
. .
Do
pref.
& Hock. Coal A Iron
Do
t
4 Iron.
198
115
2594
& Refining
48
85
•44
59
90
115
Oil
Do
39%
117
i90
195)6 196
26
86)6
71)4 7194
•5894 59)6
13
1396
12
116
9 J'ne
896Jan
50 J108 Jan
3
1,6S0 15 J'ne 16
1,505 5696 J'ne 16
8,660 3394Mar 6
42( 88)4Jan
5
20 30 Oct 18
100 133 J'ne 19
68t 34 Oct 16
130 7e)60ct 19
11,096
844J'ne 80
14,179 44)4J'ne20
1,050 10 Oct 85
1,148 41 Nov 18
9,655 34%Oct 28
7,788 80 May 31
23,700 24 May 84
4,316 70 May 13
20,845 45 Feb 8
1,135 93)6Feb 8
133,925 183)4Jan 4
176 110 Jan 16
825 9794N0T 29
1,805 31)6Nov 11
635 81 J'ne 1
33,99'. t88)6J'ne 31
133 Jan 4
i',620
41 Oct 24
8^0 135 J'ne 5
660
9)6May 9
200
l%Jan 17
10,550 30)6Feb 8
pref.
American Cotton
61
§84%
15
43
8494
88)6
•5
•60
•15
48)6
1494
•8
St pref.
Do
46
34)6
84)4
5396
40
149
.
41)6
92)4
107H
49)4
9596
.
merican Car * Foundry
45
96
Q
d
89)4
'106)6
39*
new
154)6 156)6 American Sugar Refining.
100
43
1
6896
•10)6
119
111)6
35
70
L. B.,
Adams Blxpress
95
36
85
49
95
50)4
25
70
•96
•10
100
30
42
15
9
4696
113)4 11496
69
59)6
iUO
90
194)6 194)4
25)6 2696
71
7194
•5894 59)6
12
Do
&
American District Tel ....
160
American Bxpress
3496 3496 American Ice
Do
pref.
•75H 77
American Linseed
1596 16
68)6
8296
13014
80
1494
•8
4196
sue
Wheeling
8,700
6,096
8,045
3,179
3,619
2,816
pref.
•145
100
•118
500
Do
17)6
68V4
37)4
37
34)6
83)6
118)6
50)4
100
1
7)4Dec
56 Jan
18 Oct
38)6May 24
17
Nov 27
14
90)6Nov 37
-ne 24
iniscellan's Stocks.
196
•25
110
82
188
43
77
•105^ 108)4 108)4 108H
•60
•20
110
Paolflo
Wabash
115
16)6
62)4
62)6
37)6
52)6 6294
52)6 63)6
'129
•189 131
•189
131
19
1894 1894 •18
19)6 •18
193 xl91 193
191)6 194)4 193
43
4296 44)6
48)6
42)6 43
94
94)4
94
93
92
93
&
A bird Avenue (N. Y.)..
2!
143
pref., vot,tr. ottn
"pexa*
Do
2d pref.
Wl80on.Cent. new(wh.l8.)
Do
56)6
pref.(when Iss.)
•118
116
17
146
46
138)6 138)6
16
17)4
2
194
52)6 53
4594
tr. otf«.
20
50
37
37%
37)6
U4
8-1 >S
95
96
94)6
•25
35
{35
35
35
36
150
1149
150
1146
146
5146J^
33
3494 35?4
35)6
3494 34%
•77
80
77
76h §76
13« 15
11^ 15
15
1696
64^4 5694
6t)9< 60
65)6 56)6
11
IIH
10
IIM 10
47
47)6
47k 46)6 4694 47
40
40?^
3994 40)4
40)6
11^
90
90?4
90)4 81%
9196 93
47
48M 47)6 4896 47)4 48
85
855^
85)4 86)4
86H 8696
48% 49?6 49
50
4894 49%
95)4 «96)6 95)6
96H 95H 05
154 158H 164 156)6 155)6 15694
I118M 118)4 •118)6 119 S119)4 119)4
Je9« 98)4 •96
99
8794 198
345i
pref.
30H
18X
20H
56% 56M
•112
1,400
1,506
60
16
75,400
18,385
82,518
1.800
J
Highest.
1
8
6796
30
20)4
894
Lowest.
Dm
8294
30
20
6(6
35b
49C
Highest.
86)6Jan
66 Jan
51^
Dnlnth
Southern, voting
Do
300
LXIX.
40%Jan
2396Mai 4sSdm
17)4 Jan
2596Mar 1
8%Mar 80ViDM
545 140 Oct
242 Feb 27 145 Oct 194)6Feb
•88
85 Toledo & Ohio Central ....
210 20 Jan
39 Apr 4 il8 Aug 85 Sep
•43
45
200 35 Jan
Do
pref.
48 Nov 29
85 Aug 48 Oot
69)6 6996 Twin City Rapid Transit.
900 38 Jan
73 Apr 17
10)6Jan 30)6Dm
800 118 Jan
Do
pref.
141 Feb 34 107)6Dec 107)6
49% 5196 Union Paolflo Ry
138,955 38%J'ne 20 5196Dec
16)6Mar 4496DM
77)6 7796
19,782 73 J'ne 1 84)6Jan 33
Do
...pref.
45%Mar 7496DM
163
8)4
11)4
5796
30)4
20)4
*
Sonthem PaoUJoCo
18)4
162)4
88%
119^
58?4
Do
48)4
18)4
153)6
70
Paul
at.
12% 18J-A
57% S8H
1894
23)6
40)4
67
104
8)4
115
17
62
SB
3
38
•60
67
104
22J4
11
67)4
{115
I
S)
1296
6096
56
o
W
36)6
1294
38)4
77%
56
50
*1
§36)6
1294
77?s
56
I
o
IC94
•71
36)6
48%
"9
>
•17)6
11
25
45
66
66
K
D
C
66
•53
18
[Vol.
for year 1899
Range for prebaslsof joo-sh're lots vious year (1898).
Lowest.
5,726
TOt.tr. cts.
52)6
Do
lit pref.
18
Do
2d pref.
10% St. L. A 8. Pr., rot. tr. otf s
73
Do
lat pref.
36)6
Do
8d pref.
13
8t.Iioalf SoQthwettem. .
33)6
Do
pref.
77)6
62
o
QD
•80
•40
52)6
73
St.J.4G.Isl.
7)4
Oil
200
860
. .
7)6
2.
Range
Shares
44^ Rio arande & Weatorn.
Do
pref.
90H 80)6
7)4
42%
'151)i 163
•43
49% 60%
:i6
n
18?4
1
77
51)4
30H 30H
SO
80X
O
o
18?^
44)6
80)4
31%
N.
-Dec. i.
77)^
78H
8M 8^
2a« 23
09
>9
58
43)4
13>4
58)4
Friday,
|
30
•10%
'102
?§«
JVor.
•72
•59
67
Thursday,
Sales
of the
WeeK.
STOCKS.
Y. STOCK EXCH.
Page
16
94
118
71
113
95
118)6
72
113
p. c.
stockdlT.
T
Bz rights.
RAILWAYS,
dec
Bid. Ask
Street iRallwnyn.
Lynn4Bos-l8t Ss •24.J4D (fll8H lie
Metrop W. 8.(Chic).— Sfc St. Ex. LUt.
MIniieap St Hy-Ss '1 9.J4J «108)6 \\Q%
New Orleans City Ry
31
33
Preferred
103
105
837 238
North Chicago— Stock..
Ist 5s 1906-16
JAJ ?105)4
32
North Jersey St.— Stock.
ii"
Bonds
90)6 93
No Shore Tr (Bost)-Com.
16
16
Preferred
87
85
'33
ProT 4 Pawt'ck-lst 58
{112)6 1159<
Inter est
i Buyer pays acorned
.
'
i
Dec.
THE CHRONICLE -BONU
2, 1899.]
BONDS.
K.Y.8TOCK EXCHANGE .St
Week Endinq Dec. 1.
Alabamr. Cent. See Sou By.
labamaMldlst nag. 1028
Albany & Snsq. Se«D&H.
Allegheny VaL SoePennCo.
AmDoci*!. SeeCenofNJ.
Price
Friday,
Wttk't
Range
Range or
since
Dec. 1.
Last Sale.
Bid.
101
98
J'ne'99
1.
Week Endino Dec.
92^
38H
31^
92J4
Sale
Sale
36
87« 98«
99H 176
975i 10354
102)^
88)4
f8H
lOlH
Sl«
Sep.'99
83
Feb '99
100
"87 78
83
110
JaD.'99
108
S2H
l8t Southwest Div 68..190y
Ist La Crosse 4 D 58.. 1919
.1910
1st So Minn Div 6s.
Ist Hast 4 D Div 78... 1910
1910
58
Chic 4 Pac Dlv'Ss! .!'.'. 1910
83^
.
A St Lou 1 Bt 88. 19 6 M- 8
AU AvBklynimpg58..1934 J -J
Atlan & Danv See South Ry
Atlan A Tad. See South Ry
1
.
110
Chlc4PW Istg
1921
1926
Chic & Mo Riv
Mineral Point Div 58.. 1910
Chic4LSu Divg 5s.. 1921
Wis 4 Minn Div g 58..192]
1914
Terminal gold 58
Far 4 Sou assu g 68.
1 924
5s...
Div Ss.
See Sou Ry.
Austin 4 N W. Se«. So Pac.
Mich Cen
See
Creek
&
S.
Bat
alt 4 O prior 1 g 3J^8.1925 J - J
1925J - J
Registered
1948 A-Ot
Gold 48
1948 A-Ot
Registered
Atlanta* Char.
96^
96§^ Sale
99^
BouthwDivl8tg3}^8.1925J -J
93
1925J-J
Registered
97M
100%
346
93)4
96
10254
89Ji
"Hh
Sal'e"
99«
ibo
687
92H
93)^
92%
444
.
1916
1916
Gengold48serie8A...1989
1989
Registered
Gen gold 3)48 series B. 1989
1989
Registered
Mil 4 No 1st M L 6s. 1910
1913
Ist consol 68
Chic4Northw— Con 78.1915
1902
Gold 78
Dak4GtSog5s
1990 A-O
W Va4Pl8tg58
IstiiUg 58.191b F-
Cen Ohio R 1 st c g 4i^8 1 930 M- S
Pitts 4 Con iBtg 48... 1946 J -J
Beech Creek. See N Y C A H.
4 Car.
111
107M
108)iS
O
Bk City 1st con 58.1916. '41J -J
.'41
M-N
BkQCo4Scongug5s.
Bklyn UnBI Istg 4-5sl950 F-A
4 Montauk.
See
109W Nov'99
I099i
\ltH
116
116
104H 104)4 Nov'99
97
97>i Sale
L I si.
Bmns 4 West Istg 48... 1938 J -J
Buff N Y 4 Erie. See Erie.
1937M-S
BtiffR4Pgeng5s
1947 J -J
Debenture 88
Roch 4 Pitts Istg 68.. 1921 F-A
.
107
108
1922J-D
Consol l8t6
C14Mah lstgug58...1943J -J
97)4
108
108
129
J'ne'99
103
Apr '97
A-O
A-O
1906 J -D
BurCR4Nlst58
1934
A-O
Con 1st 4 col trg 5s....
1934 A- O
Registered
M4StLlstgug7B....l«27 J-D
C R I F 4 N W iBt g 58.1921 A- O
100
Nov'99
105
115
.
1913IM-S
108
;07
105
South iBt 58.. .1908 J -J
2d58
1913
Registered
Carb 4 Shawn. Set Hi Cen.
Car Cent. See Scab 4 Roan.
Carthage 4 Ad. Se«NYC4H.
108
Nov'99
110)4 Feb '99
108
116
M- S
109
108X
Jan.'99
108)4
106
Jan
89
91
93
120
'97
118)4 Oct.'99
92)^
92)i
9754 Oct.'99
86)4
9
37
10
6
S6
9-y,
1946 J -J
Mobile Div Ist g 58. ... 1 946 J - J 100
Mid Ga 4 Atl DlT Ss. 1947 J J
96
92
110
Centof N J-lst conv 7s.l902 M-N
Conyertible deb 6s. .1908 M- N
1987 J -J
General gold 58
1987 Q-Jt 118
Registered
78.1900
Leh 4 WBCconas
Q-M; 'loOH 101
95
96
102
110
J'ly'98
J'ne'^9
Sep.'99
112)ii
Mar'99
.
.
M4NDivlstg5s
.
. .
1912M-N
Le4Hud Rsen gug5s.'2 JAm Dock 4 Imp Co 58.1921 J - J
Cent Pacific Sw S Pac <'o
Charles 4 Sav Istg 78.. .1936 J -J
Ches 4 Ohio— O 6s ser A.1908 A-Ot
5g
100)4
36
9)i
6
100
108
0)«
8
1
100
Oct.'99
115)i Nov'99
...1911 A-OT
Gold 68
1st con g 5s
117
1939 M-N
1939 M-N
1992 M- S
Registered
1992 M- S
R4AD1V St con g 48 1989 J -J
2d cone 48
1989 J -J
Craig Valley Istg 5s..l940J -J
116)4 Bale
Re, istered
95^
BSgng 58.1902 M-S
Chic 4 Alton sink fd 68..1908 M-N
Mo
Riv
Ist 78 .1900 F -A
Lou 4
1900 M-N
2d 78
MlBsRlTBlstsfg 6S..1912A-0
ChlcBur4Q—Con7s...l903 J -J
Sinking fund 5s
1901 A-O
Debenture 58
95)i May'98
101)4 .\pr '99
101
100)^
109 J'ne'99
103?< Oct.'99
'100
Div g 3^8 ...1949 J -J
Registered
1949 J - .i
Iowa Div sink fd 58 ...1919 A-O
1919A-0
4b
110
103
Illinois
1922 F -A
Southwestern Div 48.. 1921 M- S
Chic 4 Iowa Div 5s.... 1905 F-A
Netraska Biten 4s.
1927 M-N
Registered
1927 M-N
Han&St Jos con 6s.. .1911 M-S
Chlc4EIll. Ist 8f cur 68.1907 J-D
Small
1907J-D
1934 A- O
Ist con g 68
Gen con 1st 5s
1937 M- N
Registered
1 937 M- N
Chic 4 Ind C Ry Ist 5s 1936 J - J
Chicago & Erie. See Erie.
Chic Ind 4 Louisville—
Louisv N A 4 Ch Ist 68. '10 J - J
Denv Div
.
*
....
....
Sale
112
104
110)4 Sale
102
120
121
114H
lie
110
IOOh Nov'99
132?| Nov'99
103
103
105
Sep.'99
Oct.'99
102
100
105
Nov'99
Apr'99
Aug'90
now
110)4
120
C 100
103)4
NoV9»
Nov'99
115
115
115
100
lOlM
lOOX 104
108 110^
101
1039i 107)4
106% 106%
4 113
123
118)i
1st 6s.. 1 930
P 4 S aty Ist g 68. .1 91
St
J-J
A-O
J-J
M-N
f
140
133
98
D
180
A-O
J-J
M-N
121
125
Oct.'99
J'ly '99
115% 118«
145J6.
111
lis
112)4 114.
115 130-
116
106
105
105
105« 113%
111)1 lllH
124
116)4
139)4
109)i 117)4
119)^
107
118
86%
29
117
119
106
110)^
106%106J*
19 102)4 110)2
103
134
117)6 117>*
110 111
113 114
136 14»
103
124
107
118)4
4
Marietta.
See
^?£
93%
97
101
99
140
146
114)4
136)2
96
83
tm
98)4
109
12 138
114)i
111
127)4 188
140
140
128)4 134
93)4 103M
106
120
100
9956
lOfli
12a
100
99)«
120
120
112
115)6
96)i
J'ne'99
101)4
35
16
J-J
99
Nov'99
Nov'99
104)4 AUK'99
83
96
103
83
97
104)4
118)6 J'ne'99
103)4 Apr'99
118)6 118)4
103)4 10^4
86)4
29
87
30
96
126
132
88)4
33
8256
17
135)4 138)4
10 131
137)4
10^
108)4 Feb
106)4 Nov'99
108)6
105)6 106)4
134)4 J'ne'99
128
'99
86
F-A
98
97
lOSM
99
Sale
Sale
108)6
8754
9S5i
9956
May'99
182
4 Mahon Val g 5t. .1938 J -J
1938 Qu-J
Registered
Ol*T 4 PltU. Sm Penn Co.
Ool Mldl'd— lltg3-3-4i.l947 J- J
I0I
12»
140
140
113
130
132
10556
Pa RR.
1947
litg 4i
Col 4 Sou Istg 48
1929
3ol 4 9th Av. Su Met St Ry.
Joinm 4 Greenv. See So Ry.
11756
134)4
64 10456 11051
138)4 J'ly '99
0*8lBtMCGC 4 171.1901 A-O
Wh oon Ist Ss. 1933 A-O
J Lor 4
138
107)4 111J<
83
95
.
J1*T
(n«T
110)#-
105« 100
129)4 Oct.'99
97«
975<
106 Oct.'99
120 Oct.'99
100 Oct.'99
99)4 J'ue'99
Salb
10 i" Sale
Oln I Bt L 4 C lltg 41.1986 Q-F6
Registered
1986 Q-F6
St L 4 C cons 8i.. 1920 M-N
Oln 8 4 CI con Ist g 5s.l928 J-J
iBt pf 7t..l900 J -J
IndB14
0Ind4 Wlitpf SS...1938
Col
11 113
94
J-J
M-N
M-N
Spr4Col Div Istg 4s. 1940 M-S
W W Val Div Istg 48. 1940 J-J
01IlW4MDlvlltg4i.l991 J-J
Cairo Div ist gold 48.1939
8tL Div 1st col trg 48 1990
Registered
1990
P*o 4 Baat lit oon 4i 1940
1990
Income 4i.
1914
Coniol 7i
116
J-D
C C 'J 4 1 consol I f 7B.1914 J-D
^an consol gold 6(..1934 J -J
1934 J -J
B«glit«red
103)4 107
101)6 105
1
137
Nov*9e
Mar'99
121
120
142%
120 AuK'99
103)4 Oct.'97
118)i Nov'b9
113)6
W
125)4 151)4
"35 10^94 104)4
100
2C 105
133
140
118U
108)61143
CI
117J4
"2 100 105
109)^113
134
107
Nor Wisconsin
1
90M 97M Clearfield 4 Mah. Se«BK4P.
92% 97% aAk4Ceq42dg6s.. 1930 F-A
'18 103)g 108
C C C 4 St L— Gen g 48 1993 J-D
Nov'99
107
.
169
120
114
iiSii:
138U
119
115
112)4
Xov'99
112)i Nov'99
112)4 Aug'99
120 Sep.'99
lie J'ne'99
10656 Nov'99
1055i Mar'99
118 Nov'99
119)iDec'98
135?^ 1365i
.
H
Nov'99
113)4 Sale
102
Chio4StL SeeAtchT4SFe
ChicStL4NO. See 111 Cent.
Chic St L 4 Pitts. See Pa Co.
Chic St P M 4 O con 68. 1 930 J -D
i>l-N 132
Ch St P 4 Min Ist 68. 1 9
112)2
122)4
137)4 13'7)2
.
112)4 121)4 Chic Ter Transfer g 4s.. 1947
98 102)4 Cb4WestIl8t8f g68..1919
General gold 68
1 932
H7M 102
Chic 4West Mich Ry 5s.l921
114
116)4
1921
Coupons off.
1 905
Cin
4 D con 8 1 78
2d gold 4)48
1937
114)4 119)4
CinD4Ilstgug5s...l941
118)4 123
CI8tL4C. SeeCCC4StL,
23 116
121
Cln S 4 C. See C C C 4 St L.
116)4 118H City 4 S Ry Bait 1st g 58 1 922
114?^ Oct.'99
136
7)4
86 113)4122)4
J'ne'99
Sale
73)4 Sale
SS
Sale
65H
72)s.
86
66)6
7351
85)4
184)4
2C2
62
69
91
70
70
49
84
Btt
4 H Val. See Hock Val.
Conn A Term. Se«N4W
Mo price Friday; Uteat bid and asked tbU week. tBonda due July. tDueNov. IDueJnne. IDneJan. iDaeMay. aOpUonulei. bDueAng. cDneApriL
OUTSIDE SECURITIES
Street Railways.
'
100
114)i
118«
4)^
109)4 112
112)4 112)4
106% Feb '99
48
. . .
9774 Attg'99
103« 104
100
100
1913 .M-N
1 903 M- S
96
95M
100
i'co"
.
J'ne'99
100
WannSpr VaH8tg58l94i M-S
BnizLex4
U7
116)i
Sale
108?^ Sale
Sale
J
Oct.'M9
121H Aug'99
117
Gen gold 4!.is
Conyertible 5s
115
"13
Dec '98
>
121
51
2
1-^1)4
121)4
118)4 Nov'99
-F
110
Oct.'99
lll)i Nov 99
105)4 Feb '98
143
147
108?6
I -D
120)4 13S'*
11894 134)4
118)4 135S
. .
Nov'99
92K
121
125
143
160)i(^79M
160
174U
161
178)2
112)6 128M
118 180)2
118)6133)2
129 132)2
..
89
92
J-D
J-D 119X
161)4 l"?'
.
CRIaF4N. SeeBCR4N.
Central Ohio. See Bait 4 O.
CenRR 4 B of Gar-Col g 58'37 M-N
Cent of Ga Ry— lBtg68.1945 F-A*
1945 F-At
Registered
1945 M- N
Consol gold 58
1945 M- N
Registered
l8t pref income g Ss .1945 Oct.*
8d pref Income g 5s... 1945 Oct.*
8d pref income g 5s. .1945 Oct.*
116
. .
.
1075< 1079^ Nov'99
Cen Branch U P l8tg48.1948 J -D •••••
••••••
J-D 108H
A-O
A-O
A-O 107
A-O
M-N iof
M-N
107)4 NoV99
M-N
109)4 Mar'98
107
111
M-N
117 Nov'99
A-O
1175iFeb'98
A-O
127)i 129
no 110 Xov'99
1886-1926 F-A
Extension 4s
126)^130)4
106%Feb'99
.1886-1926 F-A
Registered
lOSM
i08)4 1075t
Gen Gold 3)48
198 M-N
103 Nov'98
100 100
Registered
1987 Q-N
Bscan 4 L Sup Ist 6s. .1901 J-J
1075i May'98
106 110
Des Mo 4 Minn 1st 78.1907 F-A
103 Nov'99
111
117)4
Iowa Midland 1st Ss. 1 900 A-O
124 J'ne'99
Winona 4 St Pet 2d 7s 1 907 M-N
110)^110)4
117)4 Feb '99
Mil 4 Mad 1st 6s
1905 M-S
110 Nov'99
105 105
Ott C F 4 St P Ist 58 .1909 M-S
114 Aug'99
North Illinois Ist 58.. .1910 M-S
107)illl)i
136
Nov'99
112
136)6
140
MULS4Wlstg6s...l921 M-N
107)4
105)6 Feb '97
Convertible deb 5s 1 907 F-A
120
120
Ext4Imp8f g 58... 1929 F-A 120)4
Mich Div Ist gold 6s 1924 J-J 140)4 144 140 Nov'99
141
Oct.'99
AshlandDlv lstg68 1925 M-S '140)4
112 Nov'99
Incomes
1911 M-N
ISO Nov'99
88
93^ Chic Rock I 4 Pac 68. .191 J-J 181)6
132)4 Aug'99
Registered
1917 J-J
93
109)4
96
General gold 48
1988 J-J 106)6 Sale 106
108)4 Nov'99
1988 J-J
116)4 123
Registered
96 8ep.'99
De8M4FtDlst4s...l905 J-J
90 100)i
87)4 Aug'99
Ist 2)48
1905 J -J
82H
98)4 May'99
97« 97^
Extension 48
1905 J-J
36
115 114
Eeok4De8M Ist 58.. 1923 A-O
114X
44)i
b)« 15
Small
1 923 A-O
116
a 115)4 117)^
104)4 108)4
"41
96 104)4
128)4 Noy'9P
4 Southwest. See Brie.
Biiff4Susq l8tg0ld5B..1913
1913
Registered
.
171)4 Oct.'99
J-J 171
J-j M71
171
172)4 Sep.'99
J-J
171)6 Nov'99
J-J 171
173 Nov'99
J-J 171
120)4 Sep.'99
J-J U8%
118
J-J 118)4 .... 118
121
121)4 Nov'99
J-J
129)6 Xov'1'9
J-J 128
113
109)4 Dec '98
J-J
120)4 Oct.'99
J-J 120)4
120% 120%
J-J 120J4
122 Nov'99
J-J 12156
112 Ang'99
J-J 112)6
J-J •llfl?4.... 122)4 J'ne'99
11956 Nov'99
J-J "11P?6
J-J 114 117 nSH May'99
137)4 J'ly '99
J-J
106)4 May'97
J-J
J -J
J-J!
Q-J5
J-J8
J-J5
since
Last Sale.
1902
Registered
Sinking fund 68. 1879-l»a9
Registered ....1879-1929
Sinking fund 58..1879-1929
Registered .... 1879-1929
Sinking fund deb 58. .. 1933
1933
Registered
25-year debenture 5s. .1909
Registered
1909
30-year debenture 5s.. 1921
1921
Regis' ered
108
Buff
Canada
112
See Illinois Cent..
Boonev Bridge. Sf« M K 4 T.
Bway4 7thAv. Se«MetSRy
1945 ABklyn Rap Tr g 58
Bklyn
J'ne'99
J'ly'98
. .
Cont sink fund 5s
MononUiv
Bel
.
Range
1^-
Jan. 1.
^'5
No.
Loic. High
Ask. Low. Sigh.
92 10II4
100 Nov'99
104 ll«4
109 Nov'99
no
£ gold RD.... 1902
1903
l8tC4 M78
Chic Mil 4 St P con 78.1905
Ist 1 4 D Exten 7s
1908
Week
Range or
Dte. 1.
Bid.
100
ChI4L(Con)refg58...1947
1947
102)4
Refundingg8s
Chic Milwaukee 4 St Paul—
M4StP— l8t7s$gRD.'02
1137
1.
Price
Friday,
1.
Ist 78
1995 A-O
Registered
1995 Novt
Adjustment g 48
1995 Nort
Kegistered
It<julptr8erAg5B....1902 J -J
Page
(5 pages)
BONDS.
N.Y. STOCK EXCHANGE
Ask. Low. High. No. Low. High
M-N
1995 Q-Jt
Ann Art or 1st g 4g
AtchT&SFegeng48..1995 A-O
Chic
Jan.
prices
koohester Ry
Con Ss 1930
A40
ad Ss 1933
J4D
=0 Side Bl (Chic)— Stock
SyracuseRap.Tr., 5s, 1946
Dnion Trac (Chic) Com..
Preferred
United Rys (3t L)—Com.
Preferred
Bid. Ask.
14
17
107)4 108
87
90)4
§
98
97
26
100
78
79
25
90
30
95
48
94)4
Un'd Tr4Elec(Prov)-8t'k
WMt Chicago
115
01
Oon l««n ...
112
..M4N
113
116
105
(Givek at foot of
Gas
Securities.
(MaaajTr-Com
Bid.
39
106
iVorcesier
Preferred
NEW
7 co^fSBCUTivE
Ask.
31
107
faqs8).—GAS SECURITIEb,
Gas Securities.
N Y Elec Lt Ht 4 Pow 4s.
Gold Ss
N Y 4 Bast River Gaa—
fORK.
Cant Union Gas— Ist 5s ?
106
Ist 5b 1944
J4J
Con Gas (NY)— Stock— Y8tk Bzoh
Consol 5s 1945
J4J
Deb 58 1908
MAN 106 110 Nor Cn Ist 5a 1927. .M4N
Hqnit Gas
118
Standard Gas—Common.
116
Ist 6s 1899
F4A iioi 102)6 Do preferred
Con. 5s 1932
Mutual Gas
MAS {112H
N. Amsterdam Gas, Com.
Pref
Ist consol 5a.....
113
300
27)i 38
52
33
205
{
96)4
98
1st 58 1930
BROOKLYN.
MAN
Bid.
90)6
102
113
109
94
114
146
116
Ask.
91
104
116
112
9H
115
118
Brooklyn Cn Gas— N Y St 00k B zoh.
1st con 58— N Y Stock Bich.
Williainsbcrg Gas Ist 68 noo
—
dbo.
Gas
Bid. Alt.
Secnrltles.
CITIES.
Baltimore ConsoUdrnt— S« eBalt. L-.'
1«
156
Bay State Gaa—
Incomes
Boston CmtedGaB Bonds- -Boato nLlit
OTHBK
Buffalo City Gas— Stock.
9)6
8)6
P0)4
S ....
Ist 5s Bonds
Chicago Gas— See N Y Sto ck Ez Ota.
103
^cero Gas Co 1 st 68
inclnnati Gas 4 Coke... 198)6 194
City Gat iNorf oik Va) ....
lit ea
?!
{And Ir.Tereat tPrirej par eh arta
THE CHRONICLE.-BOND
1138
BONDS.
N. Y. STOCK EXCHANGE
Week Ending Dec. 1.
Fm RIvi 1st
Conn &
g 4s. '43
Dak&atSo. SMCM&StP.
Price
Week's
Range
Friday,
Range or
since
Dec.
Jan.
Last Sale.
1.
1.
"Week Ending Dec.
A-0
& Waco. See M K&T,
Del Lack & Western 7s.. 1907 M-8
Byr Blng 4 N Y 1st 7b.1«06 A-O
Jiorrls A Bssex lit 7s. 1914 M-N
Ask. Low. High. No. Low.
Bid.
aegl8t«red
Oonstmotlon 5s
Term& impt 4s
"Warren 2d 7s
l>elaware& Hudson—
J-D 13T«
J-D ••••
1923
1900
F-A
M-N
A-O
1921
Registered
164
141
M-N
A-O
nilinols Central (Con)
Coll tr 2-10 gold 4s. ...1904
J
1004
J
98
99H
:«««1 •••••!
1908
<ls....l996
102
99
108
Nov'99
99
lot
77
10994 108
182
116
11794
182
160M 154
92
90
10594
Apr'99
10094 109
98H 104
107H 112%
102H 1099i
107^108
Nov'99
Nov'9r
68
105
92M Feb.'9(t
110^ Nov'99
115
Last Sale.
107
111"
11 4>^
115«
110^
116M
106H
142H
143
143
142
140
:••••
••••
106
114
90
-J
-J
J -J
77
112
,
92
"iiii Sale
J -J
J -J
NYNH4H.
1999
Registered
A-O
A-O
J -JIT
J-J
103
....
IOC
104
105
76
109
91
71
D
D
D
D
60H
102
104
Keok & Des M.
See
C RI 4
D
god
Registered
lit gold 3>j8
Registered
Istgold 38 sterling. ...1951
Registered
1951
Coll Trust gold 4s
1952
Registered
1952
ljN0 4Texgold
4i.
Registered
*
No
Il4i4 123^
115H 121
110^ 11694
116M 121
I06i,4 106^
Nov'9V'
Apr'99
Nov'99
139>i 14694
Dec'9tSep.'9e
Feb
Feb
2d gold Ss
North Ohio 1st gn
price Friday
1963
1963
Vie'
8
•J
J
O
N
8
8
-D
H
102
lOl^^Sale
Bid.
08
Col Gas L 4 Heat— Com..
62
Preferred...
86
1st Ss 1932
J4J «IOS
'Jonsolld Gaa (N J)— Stok
10
J4J
1st 58 193(1
Oonsol Gas (Pitts)...
Pref
Bonds Ss
Oonsum Gas
(J
City)— Stk
Ist 8s
Detroit Qi>.%—See
M4N
N Y Bxo
4 Hudson Gas
86)4
30)4
56
114
105
106
h.
Hsu
40
12894
100
100
Sep.'98
Apr'Oe
104)4 'ib'eU
m" 181'
104
121
104
90
Feb
Sep.'99
JNoy'98
104
J'ly'99
102)4 106
'9«>
100
104
101>^ 108
120
02 Sale
62
64
107% Nov'99
119 Nov'99
112
U4H
104)4 108
119
126)4
91
97)4
go
QQ
6394 Nov'99
11494
66
117
60
107
7a>4 116
7194
5894
70
P.
1941
6s. .1045
Registertd^Ss
LehVN Y
122H
113«
121«
\2\\i
116
103
1U3
115
103
104
Ang'98
'110
110
Nov'99
•121
114^ AUK'90
100^ Oct.'99
'99
Registered
Registered
111
1041
Gold guar 5s
111^11694
Ask.
100
66
87)4
107
21
88)4
31
67
113
43
100)4 110
96
10394
10394 Nov'e9
Feb
08
118
'00
91)4
93
120
04
1014
Leh 4 Hud K. See Cen of N J
Leh 4 WUkesb. See Cent NJ
Leroy 4 Caney Vai. See Mo P.
Lex Av 4 P F. See Met St Ry.
17
L R4M Istg 6s 1937 Trotfs.
90
06
Dock. See Brie.
Long
08
08%
'48
Long Isl'd— 1st oon g 58.1031 Q70
77
Istoong 4s
1031
General gold 4i
1938
107 113M
Ferry 1st gold 4^
1922 M^
4s
Gold
1982
J95
1021^
UlHUl^ Debenture gold 6i 1984 J-
Oct.'9*-
91
7194
lOiHSep.'OO
36
0094 10194
80
Mar'98
80
Nov'99
77
60
47
87>i
669i
121
OOH 108H
Ang'99
101
Deo '98
May'09
100
lOlM
lOlM
20 lOOM 103H
1071^ J'ly'99
108 Oet.'90
lOSH 107M
Sale
Sale
104J4
118H
116M
J'ly'09
112J4 Nov'98
107J4
106
ibsiii '1*0794
106
66
7Ji
106
101
107
10494 10494
Nov'99
10494 Jaa.'99
101^ Nov'99
101
Mar'98
101M107
(Given at foot op
Wim
Fort
Securities.
Bid.
Wayne (Ind)— Sto Jk
88
60
108
105
J4J
1st 68 1925
Grand Rapids- 8took
1915
F4A
Hartford (Ct) Gas L... 25
Indiana Nat4 111 Gas— Stk
lst6i 1908
M4N
1st Ss
7
Ask.
45
70
108
108
43
45
38
65
68
IndlauHpollB Gas Stock. ICO
106
Ist 68 1920
M4N 103 106
Light.
Jersey City Gas
260
Laclede Gas— N Y Stock Bxoh.
46
Lafayette (Ind) Gas— Stk
40
1st 68 1934
M4N 60 66
—
t
98
101
184)4
108**
101
101
181«
n9«
Sale
•lOOH
109H Noy'9H
185 Dec '98
105!^ Sale
0094 Sale
0794 Sale
112
105
108
"07" 97^^
97.^
Ill
108)4
10794
100)4
\0b%
lOOH
87
98X
26
106^
Sale
117
•lie
W ColonlzI8tg6s.l9l3
g Ss. .1934 J-
3
Nov'99
61
103
181
114
181
100)4
6794
108
106)4 100).
105)4 110)i
94%
100))
97)4 101
114)4
111
108
J'ly'99
Nov'99
Nov'99
97>i Nov'99
110
107)4 10894
106)4 110)4
a%
01
9»
OS
08)4
05
116
11894
12194
Mar'98
109
Uanhattan Ry oon
10
117
113
83 116
107
Oot.'99
103 Jan.'98
"0694 "0794 96^4 Oct.'99
78
6
18994 138)4
Oct.'99
0994
50
••••••
"i
66
66
103
108^ 109)i
105H
106
J'ly'99
Oct.'99
119)6
87)4
100
107
100)4 100)4
65
794 Noy'99
100
NOT'07
182), Nov'99
114
6>
1031
87)4
65
111^
128
MIi4N4M4Mlstg 4^8.1045 MNFla4ei8tgug5s ..1937 F
Kentucky Cent g 4s ... 1 087 JL0in4Lexg 4^s....l031 ML 4 Jeff Bge Co gng 48.1046 M
L N A 4 C. See I 4 L.
Louis Ry Co Istoon g5s.l03O J-J
106
117
106)4
117
102)4 eep.'99
100% 102%
12094
12094
12294 Nov'99
181
.
StCRy
J
^K'pt4BV. SeePMoK4Y
tfatropolitan Bl. See Man Ry.
Market
-
Ry gen tr g Ss.. 1997 FBway47th Ay Isto g Ss. 1 943
121
li2hi
1993 MRegistered
texAy4PFlstgugSs.'93 M-
124^
M-
Registered
I
Securltlen.
Logan8pt4Wab Val— Stk
1925
..
J4D
Bid.
Ask.
38
60
80
43
66
84
Madison (Wis) Gas— Stok
A40 no3 106
1st 68 1926
Stock
88
Indiana—
45
Ohio 4
J4D £8
64
1st 6b 1926
Peoples Gas 4 Coke— N Y Stook Bxoh
Philadelphia Co— See Bos ton L Ist.
40
43
St Joseph (Mo)
J4J
Ss 1937
07)4 90V4
66
68
St Paul Gas- Stock
00
Consol Ss 1944 ....M4S { 88
Syracuse
186M
135
184
124
12394 IS"?
Sale
124)4
124)4
124*' \ii\i
Dne January. IDne October. IDaeJoly. aOptionaL
ooksecutivb pages).— 0'^iS'
OaB
11894184
1043
Ool4OthAylstgugSs.l093 M-
Ist 6b
94"
100
107
Jan.'99
Jan.'99
120
117
109
1040 JI7nlfledg4s
1040 J Registered
Col tr 5-20 g 48 ....1003-18 APens4 Atl Ist gug68.1021 F-
Registered
101
10
11
Nov'99
100^ Apr'OO
64
tfat St
102MApr.'98
94
100
94
100
101
100
107
lis
105
95
•
4/1
97^
120
87H Nov'99
05
M
ahon Coal. SeeLS4MS.
4s. 1000 AMetropolBl lit g6i... 1908 J1899 MSd6s
124^J'ly -90
38
02^
lit 7s
Binkfd(S4A)g 6s. ...1010 Aoon gn g 5s.. ..1036 FS4 N
1037
Gold 5
OolltrustgSs
103
33
S^hi
1021 M1080 M1000 J-
A
Nov'99
33
101
94
100
•
. .
108
105«U8M
107)4 100)4
ns 114)4
10894 Nov'99
1940
Registered
1945
Bl C 4 N Ist g Istpf6i.l914
106
106
115
116)4 181H
103)4 116
100
106
1997
1st gng4^s.. 1040
Leh VTerRy Istgug 681041
»Can 8
118
113
106
M-S
M-8
A-O 103
A-O
M-N ioT
M-N
\
120
123
100
729^ Sale
L S 4 M S. Se« N Y Cent.
LehVal(Pa) ooUg6s..l007
these are latest bid and asked this week, t Bonds due Auguit. t Due April.
4ita» Securlilew.
Olty
& L (F elorla) 5b.
I87)<
l^^H Nov'99
106M Aug'OO
y Coal Co lit gn g 6s. .1033
139H141H L Registered
1933
140
140
Leh 4 N Y 1st gn g 4i. ..1045
'96
100«
OUTSIDE SECURITIES
Bssex
7HJ4
105
105^ 106
99
J-J
J-J
1951 J-J
1951 J -J
1951 J -J
1951 J -J
4s
183
8
4 Ohio. See So Ry.
Lake;Krle 4 W 1st g 5s. 1037
2dg3s
106
& II V istextg 48.1948 A-O 103^ 105
Houst B 4 W T Ist g 58.1933 M-N 99 104
Hons 4 Tex Cen. fie« So P Co.
ist
May'99
105
D
D
M
BtLdiv Istg 6s
106
78
62
Col
IUlnois Central-
183
••• ••••••
58.192
Pao. See
K4T
Kansas Mid. See St L 4 S
Kentucky Cent. See L 4 N.
8W
Han
Oct.'99
See Brie.
Mash 4 Deo
C DCol8tg4)^8l941 J -J
Ist pf g 58.1945
1945
Ist couBol g Ss
Ist gu g 58.1929
Georgia Padfla See 80 Ry.
GUa V G & Nor. See 80 Pac Co.
Grand Rap 4 Ind. See Pa Co.
Gray's Pt Term See 8t L
4 St J. See C B 4 Q
onsatonio. See
Hock Val 1st con g 4^8.1999
4 Nov'99
lOlH
94
105)4
101)4 108M
J
KCP4G lst4oolg
10494 111
Nov'96
Nov'99
Nov'99
93^ May'9P
Ist g 3-48.1928 J -J
W &narRio4Or8 A.
Se« 8 P Co.
Oa Car 4 No
92^
81
.
•lOSJi
FtWA DC— Istg 4-68.1931 J-D
Oa 4 Ala Ry
llij^
9394i0BM
8994 Kov'99
10 1
-
al
"
8994
»
Gal H4H of '82 Ist 5s.l913
1.
1<
•
Ft
104
0ct.''9'9
ioiji ioiii idiji Nov'99
D
D
A
J
J-J
110
l» Y S & W— 1st ref 6s.l937 J -J
111
Nov'99
8d gold 4^8
1937 F-A
92« Ang'bt
General g 5s
1940 F-A
95
05
96k
Terminal 1st g Ss
1943 M-N 110
Hl« J'ly'99
Regis 95,000 each. 1943 M-N
ULifled g 48
1949 M
Wllk&Ea8lstgag58l942 J-D 10*4^1^ 8ale 104« 106
N Y4RB l8tg6
1927 M27
9894 108^
YB4MB
Mid BRof NJ Istg 6sl910 A-O
con
58..
1935 AN
g
122 J'ly'09
120
132
BMan&LSup. SmO&NW,
Bklyn 4 Mon lit g 6s. 1011 M.
Ist 5s
Bueka Springs 1st g ds. 1933 F-A
1011 M
66 NOT'07
BtATH Istonds 1921 J-J 127 Sale 127 127
Nor Shb Istoon ggn 5s. .'82 Q181^ 127
general
gold
Ss.,
,.1948
Rlv.
Mo
See
Ohl
1st
A-O
105 106
4 Alt.
105
lOOM 107H La 4
1928 A-O
Mt Vernon Ist 6s
L B 4 St L Con on g 6s Tr oerts
Bnll CoBr'ch Istg 6s.. 1930 A-O
General gold 4s
1043 M.
93H
»
BrAIndlit con gn g 6s. .1026 J -J
llOH 100 J'ly'Oe »»•
08 10S94 Lou 4 Nash— Ceoel Br7sl007 M
S«<ChM4StP,
Fargo & So.
N0 4Mlstg6r ..,.1030 J
1030 J
8d gold 6s
FUnt&PereM g 6s... .1920 A-O
183 Aub'99
180^ 184
1st oonsol gold 5s.... 1939 M-N
B H 4 Nash Istg 6i...iei0 J103« lOSii Nov'99
lOOM 107
1030 JPt Huron Diy Istg 6s. 1939 A-O
General gold 68
106
106 Nov'99
110
100
naCen& Pen Istg 58.. 1918 J-J 106 .... 101 Mar'99
Fensaooia diy gold 6i.l020 M101
101
Fort St
since
Jan.
A4Q R. SeeLS4MS.
Kal
an 4 Mloli. See Tol 4 C.
E C 4 MR4B I8tgug6s.l929
110H116
109HI Oct.'99
1996
1st land gr ext gold 5s. 1930
1943
Consolgold 58
Ft 8 & V B Bge. Set StL&SF.
Range
Ask. Low. High. No. Low. High
J lOlH
J
Ist guar;g 5b
1935
Ind U141alstref g58..ie48
Int 4 Gt No lit gold 6s. 1019
8dgoId Ss
1909
3d gold 4s
1921
Iowa Central Istgold 6s. 1938
Iowa Midland. See Ch 4 N W.
RR.
.
Knozvllle
•
M-N
10
5
Dec. 1.
Week's
100MSep.'98
J
J
J
J
IndB14W. SeeCCC4StL,
Ind Deo 4 W 1st g 5s. ..1035
Kan C 4
111
Brie lttoong4spr bds.l99e J
Registered
1996 J
Istaongenlieng
BegUtered
iaoji
Jefferson
M-N 116
M-S •116
M-8 •110
A-O •116
J-D
M-8 '1S9M
M-S
A-O
J-D ••••••
J- •110
J-J
A-Ol •105
M-N 104
N Y&OreenLgug5B.1946 M-N
1946
120^
114«117H
May'98
Jan.'99
108
JeffBRlstga gold 58.1909
Oblo&Erle Ist g 58...1982
Coal & RR l8t gu 6S.1922 M-N 105
Dock & Imp l8toure8.1913 J-J •117
Small
148
Registered
1951
LouisvUle Diy g S^s .1953
Registered
1953
St Louis Dlvg 3s
1951
Registered
1951
Gold 3Ji8
1951
Registered
1951
Cairo Bridge gold 4s. .1950
Registered
1950
Middle Dlvreg 5s
1921
Spring Div Istg 3^8.1951
Registered
1051
Chlo St L 4 N O g 5s. 1051
Registered
lOSl
Gold 3^8
1051
Registered
1051
MemDivlstg4
1961
Registered
1951
BeUev4Car Ist6s....l023
St L Son 1st gu g 4s. .1031
Carb481stg 4s
1032
.
J'ne'99
Sep.'99
92
10C94
astTVa&Oa. SM.S0K7.
Elgin Jul & B Istg 58... 1941 M-N
nil Lex &B 9. ate C&O.
Im Cort & No. S«eLeh&N7.
6s. ...1908
146
*
Range or
A nOH
A
Western Line 1st g 48.1051
.
M-N
W
Small
1081^ 108^,^
J -J
J -J
Sdlieninort«age 6s. ..1916 J -J
& 8 1st g 5s. 1928 J -J
Bnl Bed
Bnl So Shore & At g 5s. 1937 J -J
East of Minn. S*«8tPM&M.
BnffA S Wgold
122
[Vol. LXIX.
2.
Price
Friday,
Bid.
.
BMM&Mlnn. 8««Cb&NW.
••sMCnBr Istg 5s... 1917 M-N 106
••tM&Tol. SmLS&MSo.
D*t&Maok Istlleng4s.l995 J-D 76*
1995 J-D
Ocld 4s
Dnl A Iron Bange Ist5s.l937 A-O
1937 A-O
BegUtered
1947
1919
1923
4tliextgold 6s
1920
1928
etbeztgold 4s
1st ooniol gold 7s. ...1920
1st oonsol gold fd 7s.. 1 920
ItOng Dock con gold 6s. 1 935
BnffN Y &Bne Ist7s.l916
6H
142>4
Aug' 98
Nov'99
May'97
120^ Apr'99
122 J'ne'99
115 Nov'9i;
i2{*
14D}i
138
117
148
143
11
1936 J J
1936 J -J
Ist0ong4^8
Improvement gold 6b.1928 J-D
S«sM & Ft D. aeeCR&lP.
Sdextgold 5s
Sdextgold 4Us
141
Oci.'9b
J'ly'99
8ep.'99
108}^ J'ne'99
147M 148
lstoong4s
rlelsteztg4s
105^111
140
138
123
••••
108
!!!!.'!
8ep.'6o
105>iNov'99
141
NOT'99
-J
M-S
Beglstvred
M-8
lb&Sjslstoonga7Bl906 A-O
1906 A-O
Beglstered
1906 A-O
Gold 6
1906 A-O
B«gistered
1921 M-N
B«ns & Bar lst7s
DalBlTRBBge. Se«PaRR.
Don Con Tr Co Istg 5s. .1938
Den Tram Cooon g 68.1910
Met By Co 1st gu g 68.1911
D*n&Barlstgold7s..l900
138^Nov'99
107
1915
1917
1917
lBtPaDlv7s
12494 Aug'99
141
101
A-O
J
a T Lack & W 1st 6s. .1921
1923
126^ 126^
124H 12494
137^ 144
126H J'ne'99
•138
Page
1
High
Registered
1900 J -J
7s
(5 pages)
BONDS.
N. Y. STOCK EXCHANGE St
alias
1871-1901
^«
1915
Istoon gnar 7s
PEICES
Gas— Stook
13
16
SECURITIES, &r
fvRs Securities.
Syr'seQas— lit 58'46.J4J
Western Gas Mil w)
(
6s— See
NY
St
Bx
Bid.
Ask.
86
106
87)4
107
list.
TeleK. dt Teleph.
—
Tnorioan Dlst Tele NY
Bell Toleph. of Buffalo.
jentrai 4 South Amer
Stock Bxoh
.
Ohes
4 Poto Teleph— Stk
Bond
58
Oommerolal Cable
Jommer Union Tel (NY).
{And
i
I
114
74
104
117
77
100)4 108
......
Interest. tPrioelper sh
118
DEC.
THE CHRONICLE -BOND
1899.]
2,
Friday,
Dec. 1.
Bid.
Mex Cent ooc gold
1st oon
4i... 1911 Jg St.. .1939 J'lyt
Income
Idoonlnoomeg
3i.,,.19iJt4
25
J.
87^
N Y Cent.
W
96
12?i
12X Nov'99
Sale
87?<
Sep.'99
87)<
100
14
108
107«
J-D
1910
Jan.
Last Sale,
26
45
BONDS.
STOCK EXCHANGE
Week Ending Dec. 1.
1.
89H
16H
46
Apr '99
14
14
Oct.'99
108
108
Registered
106
Se«Chlo&NW
Mil St Mad. 8e« Chio & N W
MU* North. SecCbM&StP
MU & Bt P. Sm Ch H & St P
Mln * St L ga. Se« B C K & N
Minn A St L— Ist g 7i 1927 J-D
1990 F-All
1044 M-N
>d7s
Trnstg it
98
78
94
lUUe
1917 M-81
1917 M-81
1920 F-A
1920 F-A
Beglstered
1st ooU gold 6s
BegUtered
PaoRof Mo
SmLAN
J
93H
70H
95H
70
94
93
77
94
94
Sale
Sale
63
53
88
47
3
78
94
100
$1,000
Small certfsflOO
Hoasatonlo R oon g 5s.l937
A Derby oon 5s. ..1918
N Y ANBlst7s
1905
1st 6s
1905
N Y A North. S«« N Y O A H.
N Y O A W. Bef 1st g 4sl992
Regis f 5,000 only... 1992
N Y A Put. S«« N ? C A H.
113
94J4
110
Nov'99
106H
J'ly'99
1099^
110V«
Sale
Not' 99
109
96
73^
98H
83
88
95
S3
75M
112
10
60
106^
106^
91
NH
CC AT Is
88
NA
Solo
96)4
109
115
J'ne'99
85
32
83^
106
Oct.'99
II
.
.
.
BeeohCrklstgag4s.l936 JRegistered
1936 J -J
Sdgugold 6s
1936 J.J
Beglstered
1936 j. J
Clearfield Bitnm Coal Corp
lstsflntgag4aserA.'40 J - J
Small bonds series B. .'40 J -J
OonTAOBwelstgag5s.'42 J-D
B W AOgoon lstextSs.'22 A-Oi
Nor A Mont 1st gag 5s. '16 AR WA O T R lBtgag5s.l8 M-N
Oiwe A R 3d ga g 5s. 1915 F-Ai
UtloaABlkRlTgag4s.'22 JMoh AMal 1st gag 4s. 1991 M-8
Cart A Ad Istgu g 4s. 1981 J-D
ISO
101
106
Nov'99
113
113
Sep.*99
106
A-O
NY A North Istg 5s.. 1927 A-O
Lake Shore A MIoh Soatb—
Det Mon A Tol 1st 7sl906 F- A
Lake Shore con Ist7sl900j-J
Registered
1900 Q-Jt
lllH
42
NY AN J
•s 1030
Telephone....
MAN
AN
109M Nor Wis.
.••I *ee*t9'
Nov'99
18»
189
125)4 Jan.'9b
•••f ••••tC
••• •••••t
105)4
104
104
28
106V4
Nov'99
10»
105
10S)a 106)tf
104)4 O0t.'fl7
189J4 189 Nov'99
186 Sep.'99
118^
.
101
178
178
133
180
138
11794 Sep.'99
113 J'ly'99
11794
131«
113
116
105
10494
101)4 Nov'98
103
\Q9H
135 J'ne'99
128
138
117)4 Aug'98
101
Feb '97
98)4
999^
130
128
185
130
133
Sale
981^ Sale
Sale
9iH
Aug'9U
92>4
9894
95)4 J'ne'99
g 6s... 1928
F-A
SMOStPMAO.
1st g 5s. . .1941
See N. Y.Cent.
.
4
22
118
06)4 101
96)4
05)4 96)4
88H
114)4180
113 118
119)4 Apr'99
1921 J -J
P gen
Nor A Soath
Nor A Mont.
111«117«
IIIH 117)4
106^ IISM
105H llSVi
109)< Sep.'97
103J4 J'ne'99
104M Feb.'90
102V4 Nov'99
103M105
102^ Aug'99
110
110
113^ Apr'99
08
9794
97?4 Nov'99
9'?^
97«
43
97M
Oct.'99
104
104
103
1019^
107H
102M
10294
23 lOkijillSH
"36
113H
113^ Nov'99
111H118H
971^ 103
97
97
108)4
97^
100
108
103H 108
103 106^
Aug'9e
Aug'99
May' 97
113
13
Aug'99
St P.
Sm C A N
J'ly '99
131)4 131X
131)4 May'99
133 138
132 J'ly'99
loev
103
103)4 193 101
102
104)4
102)4 Oct.'99
70
174 65
069^ Bale
86)4
66 Sep.'99
65)4 f««
96
90
95 May'99
laiM
120
10 113
180)4 120
103
Sale
om
M-N
J-D
A-O
J
103
-J
108)4 J'ly'99
107)4 108)4
103
103
Oct.'99
104
66** "8*6*
76)4 Oct.'99
W
'107)4
10494
10
108
108
1910 M-N
PennCoga Ist g 4^s... 1921 J -J 114)4.Sale
1921 J-J
Beglstered
Gtd3»4sooltrustreg.l937 M-S
P C C A St L oon go g 4Ub1940 A-O 114)4 IIBK
BerlesA.
1942 A-O 114)4 115)4
Series B gnar
1942 M-N
Series Cgaar
1945 M-N •100)4 106)4
Series D 4b guar
PltU Cln A StL 1st 7S.1900 F-A
1900 F-A
Beglstered
Pitts Ft
A O 1st 7s. 1912 J-J
1912 J-J
8d7s
140
1912 A-0<
3d 7
109^
11BI4
112
118
W
C BtLAPlstoong5s.l932
10494 Nov'99
110
103
103)4 10494
107
126
Apr'99
AUB'98
106H Nov'99
es g 4s.l9a3
122
124
121
103
183
183
133
J'ly '99
183
103
*dg4^s
123
103
J'ne'99
103
this week.
Teleph.
caeiflo
List
Providence Telephone.
list
193
no
8t
Feb., 1921
Pine Creek reg guar 6s.. 1932
PtttsClnAStL. SwPenn Co,
PQCA StL. Sm Penn Co.
tDueJuly.
|DueJ«ne.
Q-F
M-N
J-D
110
Teles.
A
<Sc
Bid.
Atiantio
.
78
90
98
Ask.
83
102
Sonthem A Atlantic
West'n Union Teleg— N Y Stook Bxoh
Electric Companlea.
173
Allegheny Co Light Co... 168
Brash Islectrlc Co
46
44
Br'dgprt (Ct) Bl Lt Co.35 t 47
20
10
15
t 13)4
Bdlson El 111 Co NY— N Y Stook Bxoh
Bdlson Bl 111 Co Brk— N Y Stook Bxoh
BdUon Ore Mllllnsr Co...
12
10
Consol Electric Storage.
Bddy Blectric Mfg Co.. 25
ll&M
116
115
113)4 J'ne'99
113 Not' 98
106 Nov'99
10594 Apr'99
114
114
118
109M Apr'97
13
104)4 108
105)4 107«
Nov'99
Nov'99
13894 1^1
140 140)4
J'ne'99
119)4 Oct.'99
135 195
119)4119)4
106)4 Sep.' 99
181 J'ly'99
131
113>«114
140
139
136
103)4 108
181
114
Oct.'99
103
NOT'97
108
Mar'97
113
116)4 B'ab.'99
101
08
100
98)4
181
96
979i
Electric Companies.! Bid.
Bast Bnd Electric Light.
Bleotro- Pneumatic Trans
IH
101
99
100
9794
20
Deo '98
186
96
137
Apr'99
NOT'99
NOT'97
SDueMay. tDueNoT. a These
(Given at poot op 7 ookseoutivb vA.Qm).—TELi
Ask.
80
50
Sm C O C A
107^4
tDueJan.
118
11394
.1905 Q-MI
183
lOlH 106hI
101^ Nov'99
and asked
183
114
115
108
1905
reg..
L
P«oAPekUnlstg6s...l92l
Peo ABast.
115
115
Nov'98
114)4
115
rieAPlttgug3^sB.1940 J-J
1940 J-J
Series C
SrRAl exist gug4WiB.1941 J-J
AUeghyalgengag4s.l942 M-8
NACBdgegengng4!,i8.'45 J-J
M-N
J-J
1919 M-S
Conff 5s
1919
Registered
1948 M-N
Cong 4s
01 A Mar 1st gu g 4Us.l935 M-N
CN J RRACan gen 48.1944 M-S
122K 1S3
DRRRABgelBtga48g.'36 F-A
Sun A Lewis Istg 4s.. 1936 J-J
PansaoolaA At. Sm LA Nash
113 118
?«o DeoAB lstg6Btrreo.'20 J -J
Ivans Dlv Istg 88 trreo.'30 M-8
106^ 106^
8dg 5strreolstpd..l926 M-N
J'ly '98
113
107
A-O
1932 A-O
Begister-d
CJev A Pitts oons f 7s. 1900 M-N
Qen gu g 4Hs ser's A. 1942 J -J
1942 A-O
Series B.
?tnnKR 1st real
J'ne'98
187^ 1221^
123
90
110
113
115
•••••
315 880
Bosto nllst.
115
190
lis
J-J
M-N
A-O
A-O
A-O
Registered otfs
1938
Prior lien r A 1 g g 4s. .1997
Registered
1997
General lien g 3s
804 Q-F1
Registered
...8047 Q-F1
Wash Cent Istg 4s.. .1948
130>4
Nor Pao Ter Co 1st g 8s.l93S
123
Nor Ry Cal. See Cent Pao.
90
111^ Oct. '99
106H Nov'99
106^ Nov'99
95
118)4
on
StP
Con ourrenoy 6s
OUTSIDE SECURITIES
franklin
Feb.'9>-
106)^Feb.'9&
108 Jan.'96
105Ji
M-S«
gug5s....l922
Bl8tgag4s.l98«
Ky Istoong 4i. 1996
Oonsterllngg 6s
price Friday; these are latest bid
Oold A Stook
Bonds
Hudson River 'Telephone
Intematlon Ocean
Mexican Telegraph
Mexican Telephone— Sm
Hew Hng Telep— Sm Bost
Northwestern Telegraph.
W
OCrA
NYAPatlstoongag4s.'93
Bid.
<fe Tf leph.
A iiay eutte I'ei.
78
rle Teleg A Telep— Sm 8 tckBx
139
12294-18S94
109 '118)t
103 lOS
OIndAW. SeeCOOAStL.
118
106
.
Teleg.
118
M-Sl'
hio A MlBB. Set BAO SW.
Ohio River RR 1st g 5s..l936
General gold 5s.. ......1937
1901
ISO 13394 Om AStL Istg 4s
Ore A Cal. 5m So Pao Co.
101
101
108M 108H Ore Ry A Nav See Un Pao
Ore RR A Nav See Un Pao
Ore Short Line See Un Pac
Oswego A Rome. Sm N Y
113 115
112K113M 113M Nov'99
•112
.
Kiutiire
May'9e
8fsabBidyg6s
DebentoreSsof. 1884-1904 M
•106«
Registered.... 1884-1904 M
•106
Reg deb 5s of . 1889-1 904 M- 8 •106 ......
Debenture g4s.. 1890-1905 J-D 104 lOS
Registered
1890-1905 J-D
Debtoertsextg 4S....1905 M-N •102}^ 103^
Registered
1905 M-N 103
1997 JeSHs
110 Sale
Registered.
1997 JLake Shore ool g S^s 1 998 F- A
97M Sale
Registered
1998 F-A
Mtch Cent ooU g S^s. 1 998 F- A
97
1998 F-A
Registered
96
Harlem Ist 7s
1900 [tl-N loiU
Registered
1900 »I-n lOlH.
NJ JonoRga 1st «s. 1986 F-A 103
Registered
1986 F- A
West Shore 1st 4s ga. 2361 J - j 113 118«
Registered
3361 J - j 113 113H
No
Sep.'99
103
122
129
105
Coast Co— 1st g6s. 1946 J-D
Pao
ao of Missouri. See Mo Pao
1917 A-O
Panama Istsf g 4^s
TOentAHRr-lst7s.ieOS J
Registered
1903 J
•
llOM
••••••
IISV^
VAN
Registered
A Man Bh. Su L 1.
.
......I ••flftf
12294 Nov'99
10754
J -J
J -J
Registered
1996
Small
1996
North Illinois. S««Ohl A NW.
North Ohio. See L Brie A W.
Northern Paclflo—
RawAOlnBdge. 8««PennCo
HOANBpriorllenges.1915 A-01
HT
108 Oct.'09
108)4 Dee'97
Qen l8tRRALaifg6s.'31 J -J
135
117
114)<117)<
114)i 116)2
106
llSTi
106
111
llOH Nov'99
ImprvmtAext g6s...l9S4 F-A
117
73 105
109
1.
N Y A R B. See Long IsL
N Y 8 A W. See Brie.
N Y Tex A M. See So Pao Co.
91H 102
106
110
127H Nov'99
85
109
114)< Nov'99
115ViNov'9«>
i08«
A-C
M-K
M-N
^
181H
111«
ioiM ib7H Norf A West— Gen g 6s.l931 M-N
New Klver 1st g 6s. ...1938 A-O 138
108K 1219«
116
116
114
llSJi Nov'99
98
97H 97^
UOH
MewHAD. 8««NYNHAH
N J Jnno RR. Sm N Y Cent,
Bkln
D
A-O
A-O
since
Jan.
Ask. Loio. High. No. Low. High
NYLBAW. SMBrie.
NYANB. SmNYNHAJ
NYNHA Hart lstreg4s.'03 J-D
Convert deb certs
85
96H
lOOa^lOOJi
104« Nov'99
93M 94« 94
J
109
1O0J6 Nov'99
F-A
J-J
M-8
J-J
8t Louis & Iron Mount—
Qenoonry&ldgrtgSs'Sl A-O 109M Sale
Qenconstampgtdg 5s'31 A-O 110
MUiBlyBdge. S««Chio&Alt
Mob&Blrm prlorUeng Ss.'4S J-J
Small
J-J
Moitgage gold 4s
1945 J-.I
Small
1945 J-J
Mob & Ohio new gold 6s.. '27 J-D
1st extension gold es.l927 Q-J*
a«neralgold 4s
1938 M-8
85 Sale
Montsom DIt 1st g 6s. 1 947 F-A 107 108H
Bt LA Cairo gag 4s.. 1931 J -J
Mohawk A Mai. Sm N T C A H
Monongahela RIt. iSm B A
Mont Cent. Sm St P M A M.
Morgan's La AT. SmSPCo.
Morris A Bssex. Sm Del LAW
NMhChatAStL 1st 7s. '13 J-J
132
8d6s
1901 J-J
oon
gold
1928
5s
lit
A-O 106 Sale
1917 J-J
IstesTAPb
lit6sMoMMWAA1.1917 J J
lit gold 6s Jasper Boh. 1923
96
••••t*
91
Sale
1st ex g 4s. '38
8d extended gold 5s. 1988
Terd VIA W Istg 5s. .'26
LaroyACYAL lstg5s'S6
HMhFlor AShef.
Nov'90
Last Sale.
NYAHar. Se«NYOAHud.
NY Lack AW. SmDLAW
110M118X
ib9"0ct.**99
95!^ Sale
M-N
J-D
A-O 105^
M-N 115
M-N •112X
6s... 1920
150
125
137
'98
•seeei
70
ME&TorTlstgag6s.'42 M- 8
KC <kPsc Istg4a....l990 F-A
Dal&Wa 1st gag 5s. 1940 M-N
MoPao— Istoong
Bat C A St iBt ga g 3s '89
N Y Chic A StL Zstg 4S.1937
Registered
1937
N Y A Qreenw Lake. 8e« Brie
.
M8tP*88Moong4slntgu'38 J-J
Minn St Ry 1st con g 5s. 1919 J-J 109H
Minn Dn. S«« 8t P M jk M.
Mo Kan & Tex— Istg 4s. 1990 J-D 91
MoK&Blstgag
145
131
137
J"ly'99
Jan.'99
96
»6jt
.
7s. .'06
1st 7s. 1903
5s. ..1942
Apr'99
Deo
112^ \\l\4 Nov'99
19b4
1st oons gold 5s
1st and refund. 48 ... 1 949 .11-8
4c P l8t 5b 8t 4a lntgu..'36 J -J
BSAI&A 1st g 4s Int ga.'26 J -J
BoonerBdtsCogag
Registered
.
150
121
127
138
Dee. 1.
Range
Week's
J-J
1902 >I-N
1909 M-8
1931 M-S
1931
1940
1940 J -J
Registered
J-D
J-D
A-O
M-N
. .
TebOtf^ Neosho
oon Ss
4s
.
Iowa ex 1st gold 7s. 1909
Bonth West ex 1st g 7s. '10
Paoiaoex 1st gold 6s. 1921
J-D
J-D
J-D
J-D
A-O
Mloh Centr-lstoon 7b1902 >I-N
103^ 106
Oct.'99
Range or
Mahon C'l RR Ist 5s.l934 J-J
es
6i
ML8&W.
Id gold 4s
1st erten gold 5s
1903
1903
1997
1997
3^s
ClnA 8 IstgLSAM 87s'01
K A AG R Istg oSs.1938
100
Se«NT8ut&W
.
Consol2dVs
1139
3.
Price
Friday,
Bid.
SAMS (Con)
Y Cent— L
Registered
84« 88«
100
Page
(5 pages)
N. Y.
1st
MUBlRr&L30-yrg5«.1936 F-A
M
M
since
GK)ld
«dlno6i ACp Btmpd.1917 M-8t
Sd Inoome gold 61 B.. 1917 An.t
Hex North lit gold 6i.. 1910 J-D
Mid of N
Range
Ask. Low. High,. No. Loio. High
77« 77}^ Nov'99
68H 78^ N
12
1
<
>v<i'; \-0
qalp&oollgSs
Hex Intemat lit oon g 4t.'77 M- 8
1927 J-D
Mex Nat lit gold et
Beglitered
If loh Cent. 8m
Week's
Range or
Price
BONDS.
STOCK EXCHANGE
Week Ending Dec. 1.
N. Y.
PKICES
03)4
126
06
99M
188
100)4
are option sales.
J SLEGTRIG,
Ask.
<Sc.
Eleetrle Comoaiilea, Bid. A Ik.
Toronto ( CaD Eleo .t < X>. 148 144
100
Tt om Houst Welding Co.
18
Fort Wayne Eleo. Co.. 35
80. United Bleo Ltar cotref
18
40.
Series A
Bondd
07)4
« 0644
General Blectrlo Oi — N Y Stock Bxoh Woonsocket ;B I) Bi Co.. 106
Do pref.— Sm Boston L 1st.
133
Hartford (Ct) BlecLt Co. 188
i^erry Companies.
Brooklyn Ferry-Stook ..
83
Hartf'd(Ct) LtAPowCo25 t 6
8
80
28
Bonds 5s
Bdlson
Mo
Bleotrlo
86
94)4
i 04
Metropolitan Ferry— 5s.. no
69
118
Do preferred
67
Narragan. (Prov)BnCo.5C
100
IN J A N r Ferrt— Stock..
96
IstSs 1948
New Hav (Ct) Bleo Lt Co 196
JAJ {lis 116
Rhode Island Eleo ProCo. 118W
lAno interest. tPrloe per sh are
I
I
I
THE CHRONICLE -BOND
1140
Price
Friday,
Dec. 1.
BONDS.
H.Y. STOCK EXCHANGE
Week Ending Dec. 1.
Bid.
Week's
Range or
since
Jan.
Last Sale.
Ask. Low.
ntttOiev*TollttgSs..ie33 A-O
mtti&Connellsy. 8««B&0.
nttsFtW&Ch. S««PennOo.
1922 J-J
ntU Jano 1st g e*
{PltUA L Brl»-2dg6i ..1928 A-O!
Range
^2
1.
High No. Low. High
107Ji Oot.'98
121
Istoon gSs
1994
Registered
1994
Dlv lstg4-4%-6sl996
Registered
1996
AlaCenR Istg 6s.... 1918
Atl & Ch Air Line ino. 1900
Atlan & Dan Ist g Ss 1950
Mem
-sa •Bdlng
Co gen g
4t.
.
.
98
90
116
98
100
98^
101
Col
Nov'99
S6%
84H
Sale
Sale
98
88
87
105
78}4
73
87
Oon
83^
34
84«
3
45
91
J'ne'99
102M
87« 88%
Nov'99
73
102^ 105
72
74)^
98M
Nov'99
61H
I-.T5
J-D
J-J
J-J
Sale
110
110
110
125
110>6
33 122
15 107
116
84
100
120
888^
48
62^ 544
U2
Feb
115
112)<
105>t
100>6
lOOM Nov'99
ill
89
102
96
849
40«
97
66J«
112
118«
119«
119
142
142
99
102
118J^ 124Ji
1191^ 125k
138M 146>6
119«
UBM
122^
120
10 109>£ 115
137« Fab '99
J-D
J-D
82
98
95
1155i
137% 137%
112jjll9k
105M
102!^ 108>^
106H Mar'98
103
I04>i
105M
104
J-J
J-J
J-J
J-J
J-J
122X
136
116
117
121
A-O
A-O
A-O
A-O
J-D
J-D
112
104
Jan.'9»
Jan.'98
Oct.'99
104
134M 137^
Apr '97
119%
Oct.'99
ilSJi
Sep.'99
il6« 113J4
P*8'zOtt7.8MOStPM&0
• Fe Pres & Ph Ist g 68.1942 M-S
B A & P. 8m So Pao. Co,
BVANPlstsf
J -J
W iBtoon g 6s. 1934
A-O
1934
g5s...l919
'122;^
A-O
Boloto Val & N K. See Nor & W
1926 J-J
B«ab&RoalBt5s
115
106H Nov'99
95
120
112?^ Oct.'99
112% 112%
122
112
122
112
Nov'99
Mar'99
1st g....5s'31 M-N
Ist
& N 78.'03 J -J
Pao
Hous 4 T O
W
1937
1912
Istg Sslnt gtd
Cong68lntgtd
Q«ng48
Intgtd
1921
J-J
A-O
A-O
aforgan'8La&Tl8tg68.'20 J -J
Ist 78
1918 A-O
17T T & Mexga l8tg4s.'12 A-O
Ore&Cal Ist gtd g 58.192^ J-J
8 A & A Pass 1st gag 4b. '43 J-J
Tei&NO
1905
1st 7s
Sabine dlT Ist g 68. .1912
1943
Con gSs
BoPof Arga lstg68.'09-10
8Pof
Cal Istg 68.. 1905
8erB..1905
1906
1912
guar
list con
g 5s.. 1937
1905-37
Stamped
Ist gold 68
Ist gold 68
1st gold 6s
F-A
J
-J
J
-Jli
'
93?^ Sale
82^
82^
Sale
108
ibs" Sale
110
86
No price
87>i
iiloboken— Stock
S.«t
6s
Con. 5a
T.A 8 B Trans
St
70
« 96
x68
110
Ferry
aonds6sof 190e.M&N
UOth
...,
101
80
103Ji 102
Sale
80
Nov'99
116
Dec '9a
105
{
80%
106M Nov'97
104^ 104%
112H 113J
1C7
Dec.
Last Sate.
L
1.
Ask. Lotv.
108% 109
l06%Mar'9(
108% Aug'99
110
112% Aug'97
Sale
102
108%
116
15^
]
117
116
Sale
116%
107%
108
122%
".'.'.'.
1S6M
85
Nov'9
104
106
106
I03i< 105
07
70
112
94%
26
87
85
30
91
90
43
litSs 1920
MAN J102 102%
{Buyer pays acvued intere 8t.
t Price per share.
114
110^
67 lOOH 105
118^
107
108
113
86H
10
dO
139
97
106
77« 86
33
• •
t • • « •
104
IOC
90
15
104!^
20 103
106
100
104Ji!
t
Bonds due Aug.
Am Agrlcul Chem— Sec
American Beet Sugar....
M&S
Bonds Ss
Amer.Caramel— Common
Preferred
American GlnnlVK
86
102
t
60
20
49
27
77
85
119
109
15
90
119
1
91
50
Sale
100
20
109
109
ibo'" ibo'
. .
•# •••••
Feb.'99
90
117
109
119
94
120%
105
112%
Tex&P Ry B dlv latg 68.1905 M-8
lat gold 6a
2000 J- D 112
2d gold
Deo. ..2000 Moh.
Ino. 5s,
trust Co ctfs
Ist gold 5a.... 1937
Istg 5s
1935
West'ndiv Ist g 5s.... 1935
General gold Ss
1935
1st gn g 4s.. .1990
TolAOC
103
Oot.'97
107
Nov'99
116%
50
54
Eng
Av
1
A 5a.
Ino
Non-oa ino B
.1946 Sep.*
St col trl946 Oct.*
102
126% 120%
Oct.'99
104
107%
108
Nov'99
100
103
128
I
.
45% 66
51% 66%
Oct.'99
.
Non-oam
107
109% 116%
128
107
J-D
A-O •••• 86 84% Nov'99
Tol Peo A W latgold 48.1917 J-J *
SO
80 Nov'99
T St L 4 K lat g 68 tr.l9ie J-D 119 Sale 118
119
Tor Ham&Buff l8tg48.1946 J-D* 97 100
99 Aug'99
Ulatar&Del lat og5i. 1928 J-D 103% .... 1C6% 106
nEl (OhlB) lat g5a..l945 A-O
109 Nov'99
Union Paolflc—
BR and grant g 48 1 947 J-J 104 Sale 108% 104
Registered
1 947 J -J
103% Oct.'99
OreRyANavlatafg 681909 J-J
108
Nov'99
Ore BB&Nav oon g 4a. 1946 J-D *103 103% 103
103%
Ore ShortLlne 1st g 6sl922 F-A 129 Sale 120
199
Utah & Nor lit 7a
121
1908 J-J
Mar'99
Gold 58
1926 J-J
102 May'97
Ore Bh L— laloon g 5a. 1946 J-J 114
114
114%
St,
104
116%
61% Nov'9P
J-J 128 Sale
J-J 10751
A-O 103%
Kan&M
112% 112%
111% 116
J'iie'99
lll%Nov'98
80
78
27 92
99
"12 99
109
T5%
89
88
191%
100%
106
109
172 102% 109
103% 108%
108
118
16 100% 106
25 126
188%
121 121
26 108
85
102% Nov'9w
117%
108
69% 80%
Oct.'99
W
Utah Central. See Rio G
Utah & North. Se«Ore8L.
Utloa&BlaokR. 8e«NYCent
Val Ind St W. See Mo P.
Ver
Irglnla Mid. Su South By.
Wabash RR Co—
M-N 114% Sale
F-A 101 dale
84% Sale
1 9 3 9 J-J
Series B
1939 J-J
39% Bale
l«tg6sDet&OhBxt..l941 J-J
StOhas Bridge I8tg6a.l908 A-O 113 116
IstgSa
2d gold 5i
Debenture lerlei A.
1939
1939
101
1937 J -J
1936
g 6s
W Va & Pitts.
112
84%
42%
105% 111
109% 112
Sep.'99
May'99
112%
112%
3
69%
24% 28%
70%
24%
18
73
113
69%
24
N Y Cent.
S««
B&
Sale
108% 118
64
70%
14%
2«|2
M-N
99
Deo '97
113
Jan.'99
O.
VaCent&P Istg 6s. 1911 J-J
W
Wheeling & L B 1st 5s.l926 A-O
g
Wheel Div
1st gold 58.1928
Imp gold 5s. 19S0
.
109%
J-J
F-A
NOT'97
84
Bngraved trust oertifloates.
InoomeSa.
1937 L-O*
BON
-D
J-J
M-N
76
76
91%
70%
8
10)2
Oot.'98
122%
May'99
1
98%
OS.
Nov'99
Due March.
110%
J
110
Registered
118
58
6% J'ne'99
J-J
A-O
A-O
Dae Jan.
i
116
05
06
23
99% Nov'99
'
1995
1940
oon g 5s
Brooklyn Istg 5s
Ist
113
104
96
108% Nov'99
96 Apr '99
92% Mar '98
98
92
W
Winona & St P. See & N W
WisCentColsttrgSs ..1937 J-J
Wilkes St, Bast. Se« N Y 8 &
WU St Sioux F. See St P M & M
111
'
120
102%
101
107% 11>%
120% 124
"16
111
111
Dae Nov. a These are option aales.
FAQm).^FBRRV J MISCELL'S,
Ask.
39
36%
Preferred
81
81%
Press
Assoo'n.
.100
80
Amer
96
250 t900
American Screw
\m Soda Foun-Com. 100
5
10
100
40
1st preferred
48
100
9
12
2d preferred
50 910
220
American Surety
66
\m Typefo'rs- Stock.lOO 63
imer 8trawboard....l00 81% 82
Bid.
86% Amer Hide & Leather
F&A 102%
Bonds 6s
26
Amer. Woolen —Com.
Preferred
76
33
118
108
See Cent Pao.
West Shore. Sm
I
118
94
84% 65
41% 539
109
110
Chto 8t40-yrl8tour58.'28 M-N
W40-year
oon
Due July.
18
21
Pa—
iBt g 5a
St
114%
100%
83
39
. . .
W
St
114
122%
68
93
62
103
22
11
116%
113% 110
106%
20
126
196%
Nov'99
Aug'99
100
31
61
30
80
Ll9
120
100
101
105% 110
109% 111
Oot.'99
100
62%
110% 194%
..
110
110
110
106
109" Jan. '99
. . .
Ask.
114%118S
114% 120
Oot.'99
Nov'99
ston List
li
Amer Air Pow of N Y.lOO
Amerlc'n Axe St Tool .100
Amer Bank Note Co... 50
Preferred
Amer Bicycle—Com
Preferred
Bid.
2
St,
(Given at foot of 7 oonsboutivb
MlKoellaneous. Par.
Amalgamated Copper
al
116%
108^ Columbus Gas Istg Ss.. 1932 J -J
109% Con Gas Co. SeePG&CCo.
. 1 923 J- J
Detroit City Gas g Ss
100 Sale
101
Det Gas Co oon 1st g 5s. 1918 F-A
09
III
Istoonvg5s..l910
Bl
Bl
M-S 109%
*
100% 102
117
118W
103% 106W
5
Oct.'9»
116
ibe"" 106
••«t« •••••#
100% Oct.'99
105% Oct.'99
105% 106
....
*105% 106
F-A
J-J
.
Aug'99i....
103% lisu
106% 100%
107% no%
8
123
128
1.
<k
40 102 108%
GAS St BLBCTRIC LIGHT
24 109% 115
Atlanta G L Co Ist g 5b.1947
105^ 192
Bos U Gas tr otfs a fg6s..'39
BklynU Gas 1st oong68..'45
Nov'99
105
since
Jan.
120
122U 122% 122^
122% 129 122% Nov'99
J-J 195
J-D 100
Lew— See Penn RR.
Syra Bing ANY. See DL&W.
"per A of St L Ist g 4Vi8.'39 A-O 112
I iBt oon gold 58.1894-1944 F-A 112%
StLMBgeTergug38.1930 A-O 110
Tex & N O. See So Pao Co.
Bxten
134
98M
98M
n3%Nov'98
108
Aak.
108
109!^
Range
^1
100% Aug'99
118% J'ne'99
103% 103%
Sale
LXIX.
High No. Low. High
108
N.
Spok Falls&Nor Istg 68.1939
StatlslRy Istgu g 4J4s.l943
8e«
ChGL&CCo. SeePG&CCo
9S<^ Sale
94
St 23d Sts Ferry
latmortSs 1919... J&D ?104%
Ferry— Stock
42
'anion
86
120HFeb.'98
134 Nov'99
851^
Friday; latest bid and asked this week,
Bid.
84
Oct.'99
133
.
Fwrry Cornpanleii.
Y * H R Ferry— Stock.
Bonds Ss of 1932.M&N
Week's
Range or
109
1943 A-O
97H 102% Gen g3-4a
Income 5a. ...April, 1943 Nov.
No
Car.
Bet
South
West
Ry.
82
89^
Nov'99
....
OUTSIDE SECURITIES
^1
123
85
Oot.'99
123%
104^ Sale
113^ Sale
1924 M-N
NoofCal Ist gUK 68... 1907 J -J
Guaranteed gold 5s.. 1938 A-O
84
\09% Nov'99
102^ 103
112
110
,..
SPaoof NMezl8tg6s.'ll J -J
*
W
Ala.
Western Pac.
A-O 107
A-O 108
A-O 109M
A-O lliH
M-N
OUaVG&NlBtgUKSs
&N
Wash
Wash
82« 87% West New York
SZ^
85
153
85 Nov'99
99^ 117
99K
Sale
M-S
M-N
Istgng 5B.1941 J-J
A&NW
1937 J-J
e P Coast lat gu
g 4s.
83^
F-A
Mortguarg 3)^8. ...1929 J-Dt
1929 J-Dt
RegM-red
9al Har & 8 A Ist g 68.191 K-A
1905 J-D
2dg7s
Mex&
Price
See Del L &
Cent See Nor Pac
0& W. See Southern
See Southern.
Gold 48 Cent Pac col..l949 J-Dt
1949 J-Dt
Re letered
CPaolst lef KUg48.1949 F-A
Registered
S
Warren BR.
Bonthem Paclflo Co
1919
107%
104MFeb.'98
Car Cent 1st con g 4s. 1949 J -J
1st g Ss... 1924 J-J
Bod Bayft So
Bo Car & Ga.
1931
[Vol.
OniNJRR&OCo. SesPaRR
Apr '99
120
flt
BaT F &
l8tg58
1926
1926
W
126%
108
'99
111
A-O
J-J
J-J
Sep.'99
113
Bednoedto gold 4^8 1933 J-J
BM
5s
Third
Dakota ezt gold 6s. .. .1910 M-N
1933 J-J
Utoonsolgold 68
1933
Beglstered
Mont Bxt Ist gold 4i.. 1937
1937
Beglstered
Minn Dnlon Ist g 6i.. .1922
Monte iBtgng 6s.. ..1937
1937
Beglstered
1937
lit gnar gold 5i
1937
Beglstered
l8tdlTl8tg5s.,.1908
1908
Beglstered
1940
Nor dlv Istg 48
1940
Registered
iriU&SFlstg 58. ...1938
Beglstered
...1938
Bt P A Nor Pao. SeeTXoT Pao
1921
1921
Series F 58
Gen 68
Sunb
ili"
119
IT-
1933
1916
1916
1936
Gtd stamped
1936
O4
iBt oy gn 4s. 1924
West N C Ist con g 68.1914
lieji
lOOH
Oct.'99
Oct. '97
60J4
111
1917 A-O 109
SdSa
1968 J-D 100
Ist cog 48
Minn
ManitobaPanl
&
et
Beglstered
E
1911
Small
Nov'99
Nov'99
Nov'99
. . .
1909
1906
1911
Small
SeriesC 6b
Small
SeriesD4-58
Small
87
79M
.
6s
1938
Bquipsinslundg 58.1909
Deb Ss stamped
192
SoOar &Ga Istg 6s.. \9\9
Atl & Yad l8t a gu 48.1949
Virginia Mid ser A 68.1906
Series
M-N 112
110
1908 M-N 112
Sdgold6s ClassB
112
1906 M-N lis
Sd gold 6b Class
110
lit g 6b Pierce C it 0..1919 F1931 J-J 124«
^toneral gold 68
\.H%
1931 J-J 110^ Sale 110
a«neral gold 5s
littrnstgoldSs
1987 A-O
lOOJi
rtB&YBBdg Istg 6a. 1910 A-O
105
Mid
Ist
4s.
.1937
Kansas
g
J-D
84 Sale
1996 J-J
Bt L & 8 F RR K 48.
34
100
aonthw Dlv Ist g 58.1947 A-O
100
Cent Dl'» Istg 4s. .1929 A-O
96
Bt L Bo. See Illinois Cent.
tLB W Istg 48 bdofs. 1989 M-N 88^ Sale
lid
g 4-58.1938
Small
BftLoulB & San Francisco—
1906
^d gold 68 Class A
1931
1930
1956
g5s
GaPacRy Ist g 6s.. ..1922
Knox & Ohio l8tg 68.1926
Rich & Dan oon g 68. .1915
tLMBr. SeeTRRAofStL
lltSi
Ist
Seres B 6s
L * CaL See Mob & Ohio.
Bt L & Iron Mount. See M P.
et L E C & N. See Wabash.
.
Ist 5-68.1916
B Ten reor lien
85W 91%
84^ 89«
167
Vt
Id g 4s Ino bond otfs. 1989
Gray's Pt Terl8tgug5s'47
at Paul City Cab. og 58.1937
Qnaranteed gold 58...1937
atPanl & Dulnth—
& Greenv
BT Va AGal8t7i....l900
Registered
84
'Aooh St, Pitts. .See B R & P.
"itome Wat. & Og See NY Cent.
'daltLakeC Istg sf 6s. '03-13 J -J
*0 1 Jo &G 1 1st g 2-3-48.. 1947 J -J
90
113
Divisional g 5a
989i Oct.'99
98^
.
J'ne'99
J'ly '99
J'ly '97
101
86^
.19^7 J -J
iw Beglstered
1997 J -J
Xcnitelaer St 8ar. See D & H.
3Ueh * Dan. See South Rt.
1939 J-J
iftlo Qt West 1st g 4b.
Utah Cent Ist gu g 48.1917 A-Olt
laioOrJuno Istgng 6s. 1939 J -D
1940 J-J
aioOrSo lstg3-4s
.
.
90
J-J
J-J
J-J
J-J
J-J
A-O
J-J
J -J
J-J
J-J
M-N
M-8
M-8
J -J
J-J
J -J
M-8
A-O
W-N
A-O
M-S
M-8
M-8
MS
M-S
M-S
M-S
M-8
M-S
M-8
M-S
M-N
M-N
4.
Friday,
Bid.
Sonthem Ry—
Noy'98
114« 116
Page
(5 pages)
BONDS.
N.Y. STOCK EXCHANGE
Week Ending Dec. 1.
smtta MoK & To— Ittgu 6b.'S2
1934
Mgnar 61
aioKee&B y lit get. 1918
J-J
J-J
J-J
92
1916 J-J
mtttP&Flit gSi
rttU8h&LBl8tg5i..l940 A-O
1943 J-J
1ft oonsol gold 5i
mtU&West lit g4t... 1917 J-J 101
101
J P M & Co certfs
iPltta T & Aslilitoon5sl927. M-N
prices
,
2B%
79% 80%
MIsceilnneous. Par. Bid. Aak
Amer Wringer com, .100 106
Pref
116
&mer Oraphophone. ... 10
Preferred
t 15
10 t 16
Amer. Writing Paper Ss.
Anderson (John) Tob.lOO
Automatic Vending... 10
Barney St 6m Car
100
Preferred
100
68 1942
JAJ
Bergn &Bng Br— See Phi
88
9^
t
DurhTob.25
UM
4
95
107
Kllst.
Ist 6s
Blaokwell's
2%
22
94
105
16
18
00
t
109%
••••••
17
10
Dec.
2,
THE CHR0N1CLE.-B0ND
1899.J
Price
Friday,
Dec. 1.
BONDS.
II. T. BTOCK EXCHAI^GE
WiBK Ending Dec. 1.
Range
since
Jan.
Last Sale.
Loto
Ask. LovB. High.
Bid.
Bklyn (Con) —
d KlnKBCoBl
L&Pg88.*37 A-O
Week's
Range or
1.
High
Purchase
men 68. .1997 A-O
87«
1839 J -J
qaasLNYlBtoong58..'32 M-8
qa&Fnel. Se«PO&CCo.
a«n Hleo Co deb g 58... 1922 J-D
»rB»pGLCo I8tg58..1915 F-A
KG Mo Gas Co Istg 58.1922 A-O
119
Kings Co Kl L &P. See Edison.
Lao Ga«-L Co of StLlstg 5s' 19 Q-Ft 107H Sale
1919 Q-F*
Bmall bonds
Mnt Fuel Gas Co See PeopGas
r«o Gas & O latga g 6b. .1904 M-N
1904 J-D •lOa 107
Sd gtd g68
125
1943 A-O •
iBt oonsol g 6s
1947 M-S
a«tandlngg5s
1947 M-S
Registered
J-
109H
Oh G-L & Cke 1st gu g 5s'37
OonGCoof Chl8tgug5g'36 J-D
FCh l8tgug68.'05 J-J 109"
MnFuelGasl8tguK5.1947 M-N
Aju
deb g
Dk & Imp 68.
118J< Aug'99
109
120}<
107
106^ 111
107H
109H 109W
109M Apr '99
106^ 106^
Oct.'99
Deo '98
111
111
106i< 107!^
120
131
108V6 118
107!^ lll«
104>6 107Ji
107^
103^ 103H
105
Aug'99
103H
101
S«eCenNJ
103K
Oct.'99
Mar'98
M-S
J-J
AmSplrltBMfg iBtg 68.1915
Bar 4 8 Car Co Istg 68.1942
86
k'nW&WH Istg 58.1945 F-A
103H
104
1084<
\<ii%
86
86
Sale
103
Bale
77>6
"
80
CahCoalMln. Se«TCI&R.
hlo Jo 4 8tYd col g 5S.1915 J-J
J-J
Olearf Bit Coal. SeeNYC4H
OolC4I lBtcong9s...l900 F-A
Ool 4 1 Dev Co gu g 58. 1909 J-J
Conpon off
Ool Fuel Co gen gold 68.1919 M-N
OolF4ICogen8f g58.1943 F-A
Oom Cable Co Istg 4s... 2397 Q-J
2397 Q-J
B«glBtered
DeBardelC4I. SeeTC4I.
el 4 H Can. See KR bonds
Det M4M Id gr 3^8 8 A.191] A-O
rleT 4 Tool trg 8 f 58... 1926 J-J
Or BIT Coal 4 C Ist g 68. 1919 A-O
Hack Wat Reor Ist g 5s. 1926 J-J
HendBCo Ist sfg 68.. .1931 M-S
1910 M-N
HobokenI.4Ig 58
1910 J -J
111 Steel Co deb 5s
19 13 A-O
58...
deben
Non-conT
Iron Bt«amboatCo68...1901 J-J
Int'l Paper Co Ist con g 68." 18 F-A
Jaff 4 Clear 04Il8tg58l926 J-D
1926 J-D
SdKSs
Kolok Ice (CIilc) Istg 68.1928 A-O
MadSqGard Istg 58.. .1919 M-N
Man Bch H & L gen g 4s. 940 M-N
T4Tl8t8f g 58.1918 M-N
MetRegistered
19ie M-N
Mat Un Tel Co. See Wn Un.
StarchMfg Col8tg6a'20 M-N
Natwpt
News SiD D 58.1990 J-JS
M T4N J Tel gen g5BCy.'20 M-N
N Y 4 Ont Land Ist g 68.191 F-A
40 103
1
103
107i<
108^
75«
77 Ji NoV'99
93!^
Non-cum. Incomes 58.1907
NOT'99
101
99H 101
.
JMy'99
105
94« 93 Nov'99
103« Aug*99
86
105
104
Bale
105
97
21H
35
32
Oct.'99
17« 23%
1C8M 110
Nov'9a.... iia
99
70
108
110
99"
Jan.'99
nilaeellaneouB. Par,
Company —Com.. SO
103^
109
50
Bond4Mort Guar... 100
Oarter-Crume— Pref. .100
100
OeUuloldCo
Oent Flrew'rks— Com.100
100
Preferred
Praferred
Ohateangay 0re4 Ir 68 1
Ohea 4 O Grain Bl—Inc.
4a.
103
103
Ohesebrough Mfg Co. 100
Claflln
lUX
310
67W 80
89
18
16
66
60
45
14
76
360
(H B)-lBt pref.100 101
8d preferred
100
101
Common— See St.Fx. list
Olark Mile
End Thr'd.lOO
OonaoUd Car Heating. 100
Conaol Flrew'kB-Com.lOO
100
Preferred
Con Kan C Smelt & Ref .25
Conaol Rolling Stock. 100
OrampB' Sh 4 En Bldg. 100
Diamond Match Co ... 1 00
DlatUl. Co. of America..
Pref
Bleotrlo Boat
Pre (erred
Electric Vehicle
76
48
10
27«
129
11
36
22
40
70
8m 4 Wlem..lOO
Baatman Kodak Co... 100 105
Brie 4 Western Trans. 50 t 40
Fidelity
Fidelity
4 Casualty... 100
4 Dep (Bait).. 50
Q«rmaii Am Real Est. 100
250
1200
30
80
131
U«
37
24
45
75
95
76
109
4d
20S
35
Ooodyear Shoe Machine x49)4 50
Gorham Mfg Co-Com.lOO 98 110
100 119
Preferred
180
100 170
Great Falls Ice
Havana Commercial..
20
Preferred
Heok-Jones-J MlU-Pf.lOO
M48
Ist 68 1922
Her'g-Hall-Mar(aa8t p'd)
Preferred (asst p'd) 100
Hoboken Land 4 Imp't
61^
6s
Illinois
81
68
'96*
6
18
10
84
4
Intemailonal Navlg..lOO
90
102
95
105
IntemaU Paper— See
Exch
hat.
International Elevat.lOO
St'k
Bonds— See Stock ExchIntemat'l Pump— Com.
.
Preferred
Interoat Silver- See Stk.
Do
Do
list.
18)4
18
es
Excb.
64
69
list.
do
67
pref.
do bonds. il02)4 103X
3
Iron Steamboat.
100
6
6a 1901
J4J 56
John B Stetson—Com.100 100
Preferred
100 180
JOTuneay 4 Bumham.lOO
3
Preferred
26
100
Knlokerb'r Ice(Chlc)-See
Lawyer*' Surety
100
Lawyers' Title Ins, ... 100
Liberty silk Mills
100
Preferred
100
LorUlard (P)— Pref... 100
StBx
Feb
Ifo.
1.
Low High
I13H 1>0
1904
B 58 coupon
B
C
1906
1906
5s
4s
113
'99'
1919
So Carolina— 4)^9 20-40.1933
Tenn—New settlem't 3a. 1913
113!4
Virginia fund debt 2-3a. 1991
Registered
6a deferred oertfa
ib'i"
'97
84
3
90
27X
lOl^lSl
108
106
106
109^
116
119
Aug'99
116
llbM
lOOJi
107W
100^
100!^
103>iSep.'99
Se'oi 114
110
103^ 108)5
114
10
J'ne'99
109^
1095<
109
109^
113H
113M
1129^
l\3ii
132Hi
132^ 133
1
132?^
132^ 138^
lll^lll?^ 111 Nov'9tf
llliiiSale UIJ^
in}i
J-J
J-J
J -J
F-A
J-J
J-J
J-J
J-J
A-O
J-J
J-J
J-J
J-J
J-J
99
101^
106^ 10996
27 11'
13 112
21 128
70 128
132>« 133
llOH 112
receding.J
69 108J< 108?i
F
Sale
112?^ Sale
U3>4 Sale
118}<11»
110 118
"i 106i< 108M
Nov'99
108
lai
108
103)il03J<
102)^ May'99
F 109^
Q-F
Q-F
Q-F
38
101
103
96
F 109« 110
F 109J6 Sale
Q-Jt
Q- F
90?<
Oct.'99
(For daily record see seventh pa oe p
108
101
Nov'99
W-J.
20
Nov'99
Aug'99
O-M
OOQQ-
JOJi
110
110
108
110
114
114)^
1389.^
1389i
nomiste
14
110)<1138
107
Oct.'99
105
108
104
Aug'98
118
109>i 1099^ 110
Nov"98
Apr'99
108H 110
Feb.'99
109)1 109)*
108
108
95
99
111
100
100
108
108
Apr'9d
127
112
96
93
86
128'
Feb.''98
96
96
2
9SH Nov'99
8}
8SH
Sale
8«
118
Nov'98
109^
96^
107
8ep.'98
117
81
93ii
96
82h
B'-.H
8J< Oot.'99
9
t
Due
Mlacellaneoua. Par-
Bid
Madison 8q. Garden— 100
M4N
2d 6s 1919
50
Maine S S
Mlsoellaneoua. Par.
Susq Coal 6s 1911.. ..J4J
Tennessee Copper.
Term Wareh— Stock.. 100
Ask
5
26
t 20
Merch 4 Miners' S 8.. .50 t 60
Mich-P Car 1st 58'43M43 105
Minneapolis Brew Ist 7a. 105
100
Mosler Safe Co
Monongahela Water... 25
42)i
30
Nat Enamel's 4 Stamping
Preferred
89
74
Nat'l Gramophone. ...100
National Saw— Pref ..100
48
National Salt
78
Preferred
National Surety
100
47
National Tube
Preferred
94«
65
National Wall Paper. 100
N. E. Eleo. Veh.Trans.
7H
N Y Loan 4 Imp
100
60
Biscuit
68
1911.
114
NY
M48
New Jer Zinc 4 Iron. 100 126
N. Y. El.Veh. Transp.lOO
13M
N icholson File Co
50 t 60
Nicaragua Construct. 100
Nlles Tool Wrks. com.100 105'
Preferred
100 123
Otis Eleviitor Com...,
87
Preferred
91
Peck, Stow 4 Wilcox. .25 t 33
Pegamoid, pref
100
Pennsylvania Coal ..... 50 400
Penn. Water— Com..., 50 t 5
Phil & Wil Steamboat. 50 t 66
35
100
43
83
88
77
36
49
79
138
48
96
75
Preferred
Brolteri'
91
6
68
13
55
400
800
RoyBakPowpf
Preferred
Russell 4Brwin.
25
Safety CarHeat4 LUIOO
Schwarichild 4 Sulzb.lOO
Semet-Solvay deb 5s
Stat
. , ,
RT
BwUt4 Co
lat 6s
City
Colonial*
2007
8l)i
108
1108
i
80
1500
German Am* 115
German Bx*. 235
860
Germanla*... 300
Greenwich*.. 165
Hamilton*... 125
160
42
103
805
156
120
Home*
Imp 4 Trad. 525
170
Leather Mfr. 210
310
Liberty
775
Lincoln
Manhattan* 250
Market 4 Ful 220
Mechanics'.. 205
Mech 4 Tra* 100
36
78
140
44
116
198
Merch Exch. 116
Merchants'.. 170
Mercantile
..
340
810
,
otati
)n$.
150
115
•••••
170
CtLRltyB&T 300
310
....
490
225
109
500
Plaza*
Prod Exch*. 180
Republic .... 800
Riverside*... 210
Seaboard .... 375
Second
160
Seventh
Shoe 4 Le'th 100
326
State*
•
•
1
.
215
190
t
Central Tr'st. 2100 .1200
City Trust... 395
• • • • •
Colonial
405
Continental 360
.
Feder'l Trust
Fifth Ave Tr 400
Guaranty Tr
Int'l. BkgiTr tl69
Knick'rb'ck'r 375
Manhattan
350
Mercantile
800
Metropolitan 425
MortonTrust 400
N Y L I 4 Tr 1435
N Y Seo 4 Tr 700
North Amer.
Produce Ex. tiKs'
Real Est Tr't 800
106
675
160X
.
.
150
ISO
155
StandardTr't
State Trust. 426X
t
Tr.Co.of Am. 228>» i29Ji
Union Trust. 1414
U 8 Mtg 4 Tr. 535 560
Unit. States.. 160C
300
Brooklyn* .. 110)4
95
8th Ward*...
107
5th Ave*..,, 104
300
330
First
100
Ger Amer*,, 90
Hamilton*,.. 105
Kings Co*.... 100
360
Manufact'rs. 350
Mechanics*.. 207
.
Washington 310
BR'KLYN.
,
Mech 4 Tra*. 270
380
Nassau
280
Nat City
North Side*..
116
Farm Ln 4Tr 1400
130
220
23d Ward*... 100
350
Onion.
Union Sq*.... 300
West Side*.. 375
t390
Western
Yorkvllle*.. 310
....
145
N. Y. CITY.
* 1 •
•
,.«»•.
140
120
105
Am Dep 4 L.
506
t
200
Trust Cos.
156
State of NY* 126
t
12th Ward*.. 131M
•
*««li
Brooklyn Tr. 410
Flatbuah .... 160
Franklin
310
Hamilton
280
Kings Co.... 345
L Isi L 4 Tr. 253
Manafact'ra. 810
Nassau
188
People's
338
WllUamsb'gh
450
People's* ....
Metropolis*.. 425
300X
* Banks marked with an asterisk (>) are State banks,
i Purchaser also paya
accrued Int. t Price per share. * Sale at 3took Bxch. or at auction thla waek.
190
105
109
Qu
Aik.
—
Broadway*
140
550
Irving
81
110
Brokers'
Bid.
Atlantic Tr.. 195
Bankers' Tr.
Phenix
Bedford*
Banks.
Scherm'rh'n*
17th Ward*.
Sprague
26th Ward*..
Onion*
Wallabout* ..
BR'KLYN.
736
Hanover
Hide 4 L'ath 180
600
460
170
Peoples'*
M
list.
140
155
575
1500
116
250 370
100
90
t205
lUO
200
Park
3250
Gansevoort*.
Aak.
Bid.
19th Ward*..
Ninth
North Amer.
Pacific*
37«
105
100
.
New Amst.*..
NewYork Co.
N Y Nat Ex..
New York....
*
37
68
29
116
138
.
Brokers' Qu otatio ns.
Morris*.. 200
150J6
H
Westlngh Air Brake. .50 t205)i 807
WlsconCentral 4b— See St ockEx Hat.
Mutual*
Nassau*
Citizens'
27
114
118
26)6
95
90
Pneum.Horse CoU. 1 t
H
Wagner Pal. Car— See Stk Exch.
U.S.
Banks.
Oriental*
14th Street*. 146
tld5
78
68'13A40 107
96
J4J
4 8m-V.100 86
100
310X
Fourth
1st
Stillw-Bierce
425
410X
Preferred
Ist preferred
100
2d preferred
100
U 8 Glass—Common.. 100
Preferred
100
D 8 Projectile Co
100
i
Garfield.
81
195
98M
Bid.
Signal. iiO t 35
fiO t 61
75
75
3900
94M 95X
29X 30
t
180
Onion Switch 4
Onion Typewr-Com.100
10
50
55
30
70
71
66
MISCELL'S,
<&
10
Chemical
Gallatin
Sioss-Sheffleld, com.(w.l.)
Isl
190
85
60
66
163
39
101
Simmons H'rdw-Com.lOO 198
Preferred
100 145
Singer Mfg Co
100 640
Standard Oil of NJ..100 468
Stand Dnd'rg'dCable.lOO
Sloss Ir4 Steel— gen g 4)4^8
78
Ist 6s 1917
F4A 108
2d 58 1926
Central
....
U«
60
63
92
88
154
80
98
90
96
aThese are option aalet.
Mt
300'
First
list.
..,,,...
otati ons.
240
Columbia*... 190
Commerce... 250 265
Continental 128
Corn Exch*.. t378 375)^
Bast River..
11th Ward*. ISO
Fifth Ave*.. 8800
Fifth
zm
35
410
8
Qu
Ask.
Am Bxch.... 185
Astor
490
Bowery*
2U0
Broadway.... 240
Butch's4Dr.. 96
Chatham
29)4
45
380
190
Bid.
Chase
126
Preferred
...100
Procter 4 Gamble. ...100
Preferred
100
Ist 68— See Stock Exch.
R.I.PerklnB Horse Sh.lOO
Preferred
100
Chain
N. Y. CITY.
America* .... t467
10
•30
4
Banks.
14
t -85
43
46
Preferred
8
Pneumatic Gun Car 'ge. 10
Pratt 4 Whltn—Com..lOO
100
Trow Directory-New. 100
Union Steel
86«
Pittsburg Brewing
14M
81
Mlscellaneousc Par.
As»
182
Texa8 4Paclflo Coal. 100
68
Ist 6s 1908
A40
Title Guar 4 Trust.. 100 390
Trenton Pott— Com.. 100
6
.
—
Bid.
Ist 68
.
110
115X 117
Sale
(Given at foot of 7 consecutive FAQEa).— BANKS
List.
110
96^
|
S3
Preferred (wheniaa.)..
78
Subscriptions
130
Southern Cotton Oil.. .50 t 58
Stand ardCoupler.com
39
Preferred
113
i*5«>i
MetrWSBKChlo) ist 48 1938
Ore Sh L ctfs dep coll tr B..
104
66K Nov'99
64H Nov'9»
969<
96H
76>4 Oct.'9M
83
81^
93M
92Ti
112
112
(wl)
82Jg Sale
90
Wise Can 1st 48 (wl)
90
92% Sale
July t Due May. I Doe April. Bonda due Janaary. T Due August.
Rubber Goods Mfg
lOO
106
Trans
119
. .
22
Preferred
Bppens
76«
62^
60
75
101
StLIM&aonew30y48
Oct.'9P
and aaked thla week,
Aak
100
Nov' 99
112
90
295
72
340
since
Jan.
DNLISTBD BONDS.
66
96
10
'
U. 8. GOV. SBCORITIBS.
S 28 registered.... Optional
1918
S 38 registered
1918
8 3s coupon
small
bjnd3.19i8
Ssreg
US
U 3 3s cou small bonds. 1918
190 <
O 8 4s registered
1907
C 8 48 coupon
1925
D S 48 registered
1925
48
coupon
U8
1904
O 8 58 registered
Small
"95**
J'iy"'99
83« 83
27H 85
.
68
May'97
May'97
NoT'99
il3H
Atch Col 4 Pac 6s tr ctfa....
Atch J Co 4 West 6s tr ctfs.
latest bid
Bid.
.
Currency funding 4s. ..1920
Dlstof Columbia— 3-658.1924
LoulBiana— New con 48..1914
Small
Missouri- Fundlng...l894-95
Nortn Car—Consol48...1910
Small
Apr '97
109
107
80
95
Range
II
Last Sate.
Small
95^Jan.'97
113
FA
STATE SBCORITIBS.
Alabama— Class A 4 to 5.1906 J-J
103^ loayi
Feb.'98
109
OUTSIDE SECURITIES
Bllaa
M
Class
Class
82
Week's
Range or
Ask. Loto. High.
See West. Un.
Peoria Wat Co g 8s.. 1889-19 M-N
Procter 4 Gamb 1st g 6s. .'40 J-J
Boch& Pit C4 1 pur m Ss 946 M-N
St L Ter Cupples Station 4
Prop Co Ist g 4^8 5-20 yr'17 J-D
S Yuba Wat Co con g 68. .'23 J-J
8p Val Wat Works let 68. '06 M-S
Stan Rope 4 T Istg 6b.. 1946 F-A
£3J«
1946
Income g 5s
<^un Ck Coal Ist g s f 68..1912 J-D
Tenn Coal TDiv Istg 68.1917 A-OJ
Blrm DIv 1st con 68... 1917 J-J 110
Cah C
Co Ist gu g 6s..'22 J-D ':38
De Bar C 4 I Cogu g 68. '10
106
U S Envel Co 1st s f g68 1918 J-JH
112
U SLeath Cos f deb g6s.'13 M-N
Vermont Mar Ist a t 5s. 19 10
West Union deb 78. .1875-00 M-N
1875-1900 M-N
Registered
1884-1900 M-N
Debenture 7s.
1884-1900 M-N
Registered
1938 J-J 1 14
Col trust cur 58
Mut UnTelsf'd 6b... 1911 M-N
Northwestern Tel 7b.... '04 J-J
Wh L B 4 P C Co Ist g 58.'19 J-J
n
1
*No price Friday; these are
Bid.
n
35M 94H U
U
109«Feb'97
100
93
Price
Friday,
Dec. 1.
5-8
BONDS.
EXCHANGE
N. Y. STOCK
Week Ending Dec. 1. 4«
'
120
106
134I
5.
1
D8.
48.1948 M-8
Adama Bx— Col trg
88... 1900 Qn-F
m Cot Oil
97H
107
MS
M-N
BON
MISCBIIiliANKODS
97
lllX Apr'99
104^ Oct.'99
qG4
Trenton G & El Ist g 5».1949.
WMtn Gas Co col tr g 58...'33
Oct.'99
97H
Page
(5 pages)
NoWestn Teleg.
Bl ni of
l8toong48
prices
•••»•
170
196
THE CHRONICLE.
1142
[\0L. LXIX,
Boston, Philadelohia and Baltimore Stock Exchanges— A Daily and Yearly Record.
Cf Sliare Prices— Not Per Centum Prices.
Sales
ACTIVE STOCKS.
of the Range of Sales in
Saturday,
Xov. 25.
Monday,
Tuesday,
Kov. 2s.
Nov. 27.
253
105
253M 254
105
"240
205
133
245
205
134
112^
14291
254
104
•244
305!^ 205
37
129
45M
120H
26H 27
13>4 13H
36!^
45
45
•36
44^6
129
37
o
a
>
209
67H «8
•207
180>^
207
308
307
8S
76H 7696 Preferred
209 Old Colony
67% 8896 Pennsylvania
961-i 96« Philadelphia Traction
10 3-16 5-16 Reading Company
6796 689^
96M 96V4 9696 96>6
10 3-16
10^ 10 8-18 10 3-16 10!<
29 7-16 9-16 29 7-16 299*
29!< 11-16
15 7-16 15J^ •1596 15^
16 9-16
50^ 51?s 50^ 50H 50H S096
78?^
177
77%
77V6
77M
77H
4096 41
40V6
409i 419*
17
16% 16% .169i 169i
17J*
a
^
29 7-18 29!^
a
eSH
93
>
37«
37i<
•37i<
79!^
38H
79%
3H
8M
^H
799i
SH
l«
o
19*
360
358
358
5%
5«
164?g 158?i
a
326
73
760
OD
H
o
39
89
•44
44H
764 77
3
1041^
6
15496 156
326
74
•3S
•44
19
37
79
44«
119
19
19
73
77
119
Preferred^
Calumet
770
&
"
Hecla
44>^
5m
.
'l04J6
14i
SO
144
30
142
143
161
161
i6i>6
ieiH
48
46
48
•84
65
4SH
65
•Bid and asked prices
INACTIVE STOCKS
RAILROADS.—Price*
Atl & Charlotte (Bait) 100
Bos & Maine pf.(BO8t)10C
Boston &Prov.
Central Mass...
Pref
Mich.
Chic
AW
(jonnAPassum
"
"
"
"
"
M
•'
Pref
IndB Street
KG
"
"
Little Schuylk.(Phll)
100
60
Maine Central. (Boat) 100
Mlnehlll & SH.(Phll) 50
50
Nesquehon'g V. "
"
50
50
60
100
50
United Tr of P. "
50
Pref
50
pref.(Bo8t)
West End
West Jer&SS.(Phll) 50
50
WestNYAPa. "
North Perm....
PhUiErie.....
66
sale
a9H 30H
Ask
Bid.
Dec.
125
176
1.
> t • • >
soo
17
68
25
29%
63H
27
67
32
89
57
144
45
78
35
59
60
•••••
18
50
59
170
60
63
20
60
68
54H
375
15H
'
Wis
Cent, new.(BoBt)100
"
100
Pref
Wor Nash & R. " 100
MISCELLANEOUS.
Ailouei Mining (Best) 85
Atter.C(ment1l(Phll)
(Boat) 26
Arcadian
85
Arnold Mining. "
"
85
Atlantic Min'g.
"
25
T.... (Phil) SO
ilOiton Elec Lt.( Boat) 100
Cambria Iron.. (Phil) 50
(Bait) 100
Canton Co
Centen Mining. (Bost) 25
Baltic Mining..
Beth Steel
"
Central Oil
Con. Lake Sup. (Phil)
"
Pref
Dsyllght Prism. ••
libit
B%
IflH
56H
SM
8%
8H
3194
8
86
24
27
85
1996
170
90
23k
a2M
"
. .
Adjustment g 48.. 1995
Boston Term'lSks.. 1947
Bos Un Gas Ist 58.'39 J&J
1939 J&J
2dM58
18H
189k
14U
16
Chi &
M gen 6s.'21 J&D
Con. of Verm't 58.'13 J&J
Curr't Riv Ist 5s.'27 A&O
DGR&Wl8t48.'46 A&O
M 6s g.'06 M&S
Blk&M V
1st 68 "33
end
4
6k
153
3k
5k
991
696
155
15k
30
SO
A&O
6
Atl Coast L ctfs 5s .J&D
Bait Beit Ist 58.1990M&N
290
BaltCPaslst5s.l911M&N
•••••1
Bait
3
34
24
84k
35
36k
i
I
98k
989i
82
hl6
82„
116k
85
85k
i
;
60
{
i
2
••••••
115
93
{ 91k
99k
i 99
• 93
92k
95
i 94
95
{
{Ill
lllk
n'5k 117
143
{140
140
{
{104
106k
{114
{
{
101
96
115
107
98
66
M
5-6
g....
1936
A&O
M&N
1st 6s tunnel 1911. .J&J
Bal Trac Ist 58.1929M&N
3196
May
450
130
104k
117
104
56
May
& B Bk
Elm&WUm
;!!!!.'
M&N
{106
110
•
Mar H & Ont 6a.. .'25 A&O ill4
...
Mez Cent 48g..l911J&J { 76
75k
Ist con Ino Ss g nou-cum
86k «ek
2d con Inc Ss non-enm..
Ilk 13
102k
• • t *
•
108k 108k
103k 106
88k
135
• • • • •
108k 107k
NorthCent4ks.l92SA&0 112
108k
111
180
180
112
103
• t • •
10391
1908 M&8
Vlrg Mid
8d series 6b.. 1911 M&S
3d series 6s.. 19 16 M&S
4th ser 3-4-58. 1921 M&S
5th series 58.1926 M&S
Va (State) 38 new.'32J&J
Fund debt2-8s. 1991 J&J
ya&Tenn8d 6a.l900J&J
1900 J&J
88
114
97k 97k
110
117
114
104
110k
t • • *
88
90
8091
86k
108
a
May 33
Mar. 89
July 35
Aug. SO
May 94
July 14
6
114
lis
187k 139
89k
106"
••••••
lllk
Ry
4s.
9896
0896
J&J
A&O
Eq 111 Gas-L 1st g 58.1928
Hestonv M & F con 5s.'24
106
109
107k
.1933
7196
113
719^
114
107
10091 101
116
Consol 68
1923 J&D
Annuity 88
J&D
New'k Con Gas 5s '48 J&D
11691
Newark Pass con 58.1930
NYPhil&Norlst4s '39J&J
Income 48... 1939 M&N
No Penn Ist 48..'36 M&N
GenM78
1903J&J
Penn gen 6b r.. .1910 Var
Con8ol6sc....l90S Var
1919 Var
Consol 58 r
Pa & N Y Can 78..'06 J&D
1939 A&O
Cons 5a
1939 A&O
Cona 48
Penn Steel l8t5B.'17 M&N
People's Tr tr certs 4s.'43
116
119
.....
124
ibe'
104k I08k
• • • •
<
119k lis
130
iVo"
••••••
187
108
•
••••.
93
107k
PhUa Elec gold trust ctfs 100
Ph&Er gen M 6g.'20 A&O 119
Gen M 48 g.. 1920 A&O 108 I08k
Ph & Read 2d 6s. '83 A&O
••
Con8(il
PotomVal l8t58.1941J&J
107k
8eoAvTn(Pitt8)58'34J&D
Sav Fla & West Ss •34A&0 108
Seab & Roan 58.1928 J&J 106
United By & Elec income.
72% 73
4e
87
M&N
lst68.'10
Indianapolis
10091 101
102
Oct.
Apr.
F&A
M
H& B Top con 5s.'2S A 40
116
101
120
Norfolk St Ist Ss '44. J&J
88 1900
A&O
J&J
6a gold 1900
6a 1904
J&J
Series A 5s 1936.... J&J
Series B 68 1926.... J&J
Pitt Un Trac 58.1997 J&J
8»
Bid.
Ist 78.'05
58.'20
Edison Elec Ss stk tr ctfs.
Elec& Peop's Tr stk tr ctfs
1st
Income Ss....2862
116
88
134
108
Sept.
Mar. 18
Apr. S
Balls Ter 1st 5s. 1926 J&D
101k:
100
B Boro Gas l8tS8.'38M&S
107
Cambrlalroa 68.1917 J&J 106
Ches&D Canl8t58.'18 J&J
ChocOk&G gen 5s'19J&J i0491
Clt's'St Ry(Ind)con 5s.'33
Colum St Ry 1st con Ss.'32
Con Trac of NJ lat 5s..'33
East&A
113
120
5-
6
Mar. 30
Apr.
8
60M
5396 June 13
Aug. 39
70
BONDS
Del
118
CharlC&A ext58.19l0J&J 107
Chesap Gas 6s.. 1900 J&D 102J1
City&Sub l8t5s.l922J&D 116
Col&Grnvlst5-6.1917J&J 116
Consol Gas 6s. .1910 J&D 117
118
1930 J&D 110k uik
Ss
Ga &Alal8tpf58l945A&0
GaCar&Nlst5sg.l929J4J
GeorgiaPl8t5-88 1922J&J
GaSo&Fla lstSs.l945J&J
KnoxvTrac IstSs '28A&0
Lake R El latgu58'42M&S
Maryland Brewing 88 ....
MetSt( Wash) ist 58'25FA
New OrlGas lat 5s...yar
Sept.
Apr. 85
Apr. 88
Feb. 21
175
55
86)^ Feb.
39 Jan.
Atl City lat 5s g.. '19
10291
••••••
&
Bonds— Philadelphia
{108
110
31
Oct.
Apr. 21
alar. 80
Mar. 30
3396 Apr.
Apr.
896 1371^ Jan.
36 Jan.
4,343
80
Vy Bext 7sl910 A&O
Asphalt Co 5s tr ctfs
107
Ext & Imp 68.1901M&S
103
NoBaltDiv 5S.1942J&D
121
Conv'rtible5sl906M&N 101k
lat 88.
KC8tJo&CB78.'07J&J {130
LRock&FSlat78.'06J&j {107
L B&St L Ist 6b g.'28 A&O •103
3d
Fundg 5s.l916
15%
991 Oct.
Alle
5111
Aug. 35
3H Aug.
West N C con 68.1914 J&J
WestVaC&Plsteg.'l 1J4J
Wll & Weld 5s.. 1935 J&J
117
.
Exchange 3k8. 1930 J&J
Balt&Ohio 4sg.l935 A&O
Statlsl2d 5g.l928 J&J
Balt&Pl8t6sml 1911A&0
491
386
E C Sub B Ist 6s..'20 J&D
K C P & G 1st S8..'33 A40
Cent Ohio 4ks g.'30 M&S
Lehigh Nav 4k8. .'14 Q-J
Central Ry 6s... 1912 J&J
RR4sg
1914 Q-F
54
Consol Ss.... 1932 M&N 117
GenM4ksg..l934Q-F
7
7k
Ext & Imp 58.1932M&S 116
Leh V C'l Ist 5a g.'33 J&J
48
41
Chas City Rylst Ss '23J&J 104k iosk Leh Val ext 4a.. 1948 J&D
'99
Ry
El
M&3
Chas
G
&
5s
1910 M&S
2d 78
9891
10896
9991
{102%
9%
5s
E C& M Ry&B 5s.'29 A&O
SO
3
Bonds — Baltimore.
Ss
& Pot
Atl & Ch 1st 78.1907 J&J
Anacostla
10
30k
30k
3U
k
48
3
Baltimore— Conclu'd.
{
Oct. 11
Sept. 11
70 10191 July 11 107
80 133 Jan.
158 Sept. 5
255 8596 Oct.
58^ Apr. 95
Ask.
1930
M&N
M&N
1914M&S
1916 M&N
AtlG-Lightlst5sl917J&D
496
315
86
Income 6s
4ks
Deb
86
90
94
KCFt8&Gl8t78.'08J&D 1114
K C F 8&Mcon 68.'28M&N {100
KCM&Bl8t4s..'34M&S { 96
Sl8t5sg.'25
A&O
8s.. '02
{106
Tonington Ist 5s 1918... 1
West End St Ss. .'02
J103
J&J {108
1910 JiJ }100
1st 58.'26
1907
6a
Rutland Ist
9
6s. '18
A&O
1918 J&D
2dM 88
Ch Bur & Q 48.1922 F4A
lowaDlv 48.1919 A&O
Chicago Juno 5s. 1915 J&J
Ch &No M gu 5a. '31 M&N
Ch Bur* N
Income
'496
18
Non-exempt
KCC&
96
33
88
ManafacRnb..(Phll) 60
"
Pref
60
Maraden Cot .. " 100
14H
Mergenthaler (Boat) 100 809 81091
Mei Telephone "
10
3
an
iBleBoyaleT....
Bonds— Boston.
AmBeilTel4s..l908 J&J
Bid.
45
84
Jan.
53,030
1491
4J6 Nov. 9
34,683 18396 Jan.
4 186
El llOH Jan. 16 133
4,354 13« Nov. 10 1996
315 383 Jan. 7 398
330 80 Sept. 15 108
61 635
895
Jan.
5,085 1191 Jan.
3596
957 5191 Dec.
711^
3,585 33 Jan.
63
284 7891 Jan180
11,934 4896 Feb.
74H
115 23M Jan.
45
19 3991 Jan.
46^
330 1896 Nov.
38^
49
83V1
75 Aug.
. . .
Boston- Concluded.
New Eng Tele 6s.'99 A&O {100
44
43
.
.
BONDS
Ask.
6
.
Unafp'd 1st 6s.'88 A&O
niln Steel conv 5s.' 1 J&J
Debenture Ss. 1 9 1 3 A&O
100 305
BdlionEl 111... "
14
ElecCoof Aml.(Phll) SO
18
129
189
.
6k NY4NEnglst7s.'05J&J {116
l«tmort68.. ..1905 J&J {118
80k 81
Ogd & L C con 6s.'30 A&O 105
1%
"
"
26
25
Palmetto Co.... (Phil) 85
Parrott811&Cop(Bost) 10
PennEleo Veh.(PhU) 50
"
Pref
50
Pennsyl Salt... "
50
Pennsyl SteelT. "
....
"
PrefT
100
"
Phil Electric :i..
...
Quincy Mining ( Boat) 25
Rys Co QeneralT( Phil)
Rhode l8lMin..( Boat) 35
Santa Ysabel G "
5
6
Susquel &S7..(Phll)
Tamarack Min.(Bo8t) 35
Tidewater St. ( Phil ) 10
Torrlngton"A"(Boat) 25
"
Pref
36
35
UnCopL&M'g "
25
Un Shoe Mach.. "
"
Pref....
25
U 8 PHorseColT(Phli) 1
Utah Mining.. (Boat) 4 -8
Warwick I & S (Phil) 10
Welsbach ComT " 100
"
PrefH
100
50
Westm rel Coal "
Winona Mining(Boat) 85
Wolverine Min. "
85
Old Col Mining.
Osceola Mining.
Fr
"6%
10
Bid.
MISCELL.—Concluded.
NewHavI&SIKPhll) 5 "14"
NoAmGDredg(Bost) 10
Bast'n 1st
.
"
STOCKS BONDS
Domln Coal l8t6B.'13M&S
Dlam State St 1
Domln Coal pf (Boat)lOO 118
IntButHiSM
...,
W
44k
88
23
83
. .
400
164 373
. .
Plain 4s
38
6
Franklin Mln'g. (Boat) 85
100
Oeneral Elect.. "
"
100
Pref
e»en HI Anto-MT(Phll) SO
"
10
Greger Mfg....
Ind-Egyp Comt( Boat) 100
•65^
449<
Bur& Mo Riv ex'pt 88.J4J 8125
19
'*
47
AT&SFgeng4s.'95A&0
61
19
58
13u
44>6
•44hi
.
"
PhUGerm&N.
United N J
44
47
.
July 28
Sept. 36
8}6 July 38
IM July 11
3,835
wat made.
50
100
Ft8&M..(Bo8t)100
Pref
no
100 899
15
100
65
100
100
28
100 170
100 270
"
Rivpr....
ConsolTrPittslI(Phll) 50
"
50
Pref^
Flint & Pere M.(Bost)100
"
100
Pref
Qa South & Fla.(Balt)100
"
100
1st pref
"
100
3d pref
50
Pa88(Phll)
O'rmanfn
50
Hestonv
&T "
50
Pref
50
Hunt St Broad T "
Conn
44«
*7H 47H
44« 44^,
43!^
25
....
2296 Cambria Steel. ($1-50 paid) (Phlla.)
55 Consolidated Gas
(Bait.) ....100
52
53
Dominion Coal
(Boston). ...100
108 108 Brie Telephone
"
....100
63
"
....100
6291 Federal Steel
•39
"
Lam
son
Store
Service
.... 35
39H
•44
Lehigh
Coal
Navigation.
&
(Phlla.)
.... 50
44H
19
19
Massachusetts Electric Cos. (Boston). ...100
"
78
Preferred
....100
78
National Electric
(Phila. )12J6pald
New Bug. Cotton Yarn, pref.(Bo8ton).... 100
•142 144
New Bngland Telephone....
"
....100
"
.... 25
a9K 29H Old Dominion Copper T
Pa. Mfg. Light & PowerK
(Phlla. )
50
"
160% 162 United Gas Improvement T..
.... 50
United States Oil
414^ 43
(Boston).... 25
47
(Phlla.) ....
5
47J6 Welsbach Light T
Westlngh. Electric & Mfg. (Boston) .... 50
•44>6 45
•86
"
68
Preferred
.... 50
,
,
.
44
100
"
5 paid
, (Phlla.)
.(Boston).... 25
"
.... 25
2296
19
78
104^ 104H 104^ i04>6
23
77
....100
American Bell Telephone... (Bo8tonl....iu0
American Railways
(Phila.) 6 paid
American Sugar Refining 1. (Boston).... 100
14M liH Asphalt Co of America
330 Boston & Montana
70 Butte & Boston
380
70
•765
65M 65«
52H 53
108>< 108M
39
44
696
154!^ 156
14X
44
110
879
H
(Phila.)
50
"
10 paid
Preferred
191
6M
>
"
,
American Alkali
357
356
619<
"
(Boston).... 50
Street
Preferred
79J6
•IH
1?6
6196
"
....100
(Phlla.).... 50
(Bait.)
227
170
Amer. Agricnl. Chemical.... (Boston).... 100
37
3H
6H
39
50
50
50
50
50
100
164
87
26
4,643
3,705
IVIIscellaneous Stocks.
361
14J<
WestBnd
93
93
Pi
QQ
1559615896
119 119
1st preferred
Co.(w. 1.)
Preferred (when issued)..
330H 324
•70
76
770« 765 765
21>4
21
2296
76
144
SO
142
SO
3M
6
20« 21% 20%
56^ B5H 55H
51
68H 62!^ 52H
108H 108H 109 109
60
61% 619i 6296
o
799i
3M
1%
359
596
324
72
770
799<
360
119 119
IISM 119
14H 14J4 1496 1496
823
78
760
87
....
....
,,
"
....
,
"
....
(Boston) ....
77H Preferred
41H Union Traction
16« 1696 United Ry 4 Elec.
o
37
"
"
2d preferred
5'M 0nion Pacific
50
77
41
a
>
93M 93H '93" "93H
(Phlla.)....
16
15J6
4m
I
Mar.
380 Jane 37
8091 Jan.
11691 May
1
850 Nov.
Jan.
Jan.
810 Oct. 37
1241^ Jan.
149^ Feb. 18
139i6 Jan.
154^ May 18
124 Jan. 12 138 Aug. 5
110 29% Jan.
8 43« Aug. 85
47C 4391 Jan. 14 49 July 6
101 107 Jan.
3 125
Nov. 17
1,414 23H June 1 30
Mar. 9
164
5% Jan. 7 17>lApr. 37
85 90 Jan. 21 95
Feb. 6
3,C43 4291 Jan.
7
57^ Aug. 34
74 Oct. 10 81!4 Jan. 90
19 198 Jan.
4 212
May 17
13,263 61 Jan.
3 70
Jan. 83
442 94% Jan. 3 100^ June 30
1,948
991 May 13 1391 Jan. 84
2,190 25 18-16Jan.7 34 Mar. 83
438 13 7-18Jan. f 18% Mar. 33
3,352 3896 June 30 5 196 Nov. 87
1,884 72!^ June 1 84
Jan. 23
12,554 3196 Jan. 7 4491 Apr. 39
3,877 1696 May 17 2396 Feb. 91
Feb. 21
86!^ May 16 45
161 90 Jan.
3 96
July
"
....100
(Boston).... 100
•207
208
69
96^ 96H
c
o
273 245
.
HH
Highest.
Loioest.
Railroad Stocks.
Boston & Albany
..(Boston).... 100
Boston Blevated
"
....100
Boston & Lowell
"
....100
Boston & Maine
"
....100
Chic.
"
133!^
Burl.
Qulnc7
....100
&
1329i
"
....100
145H 147 Chic. June. & Un. Stock Yds.
**
•128
129
Preferred
100
•36
37 Choctaw Oklahoma "iauif!! (Phila.K!'.! 50
•44
45
Preferred
"
.... 50
•120
1801.6 Fltchburg, pref
(Boston) .... 100
2614 26H Lehigh Valley
(Phlla.) .... 50
13
13!4 Mexican Central
(Boston) .... 100
92
93 Northern Central
(Bait.) .... 50
Northern
67WI
Pacific
(Phlla.) ....100
5«M
105
245
204
203H
120H 120 120^6
2896 26%
26H 27
ISW
13V6 13^ •13
9IH
92^ 98
55H 55^ 55H 555^ 58
5696
•759^ 75% 76>^ 769i
75M 76
120)^
S7ia)-es
•104
845
133M 13396
144H 145 146
1899'
Week.
Indicates unlisted.
IT
Dec. 1.
351^ 253
254
105
845
205
133>4
36V«
Friday,
ursday,
Nov. 31.
Tli
Nov. 30.
254
105
244
105
244
2051^
133
143
•
37
45
Wednesday
M 7a.. 1911 J&D
136"
Con M 6s g... 1911 J&D
Ext Imp M48 g.'47 A&O
Con M of '83 4s.'37 J&J
Terminal Ss g.l941 Q-F
Collattrust 48.1921
J&J
C&StL 78.1900 F&A
• • •
188k
104k
104
129
P Wll & Bait 4s. 19 17 A&O
Pitts
•
110
10391
48, 1997 J&J
8696 86%
Rochester Ry con 58.1930 107
SchRESldelstSs g'35J&D 113
113k
Scran Trac 1st 6s '32M&N
61
Seat& S F Ry & Nav let Ss
Union Term'l IstSs.F&A
United N J 4s.. 1944 M&S
UnTracPitt8gen5s'97J&J
113k,
Bead Co gen
lAnd
interest.
t»i-au paidu
•Price Includes overdue oonpo Di.
December
3.
THE CHRONICLE.
1899. J
1143
Latest Gross Earnings.
Roads.
Inmstmjcnt
AM)
Week or Mo
1899.
1898.
Iritjellxgjewjcje*
K. O. Pitts.
AG.
Kan.C.Sub.Belt
& West..
Lehigh & Hud..
L.Erie
RAILROAD EARNINGS.
Lehigh Val. RR.
The following table shows the gross earnings of every Leh.
V. Coal Co.
Steam railroad from which regular weekly or monthly re- Lex'gton&East.
turns can be obtained. The first two columns of figures LonglslandRR.
Is. System.
give the gross earnings for the latest week or month, and Long
Los Ang. Term.
period
from
Janufor
the
the
earnings
the last two columns
Louis. Ev.&St.L
Lou.H. &St.L..
ary 1 to and including such latest week or month.
The returns of the street railways are brought together separately on a subiequent page.
Latest Gross Earnings.
Roads.
Week or Mo
1899.
1898.
Jan. 1
to
Latest Date.
1899.
1898.
$
September
Itdlrondaok
Ala. Gt. South.. 3d wk Nov
1». Midland... September
Al».N.O.&Tex. Pao, Juno.
N Orl. & N. E IstwkNov.
22,152
45,878
78,539
20,371
40,869
95,015
153,064
1,750,462
612,973
165.061
1,540,525
645,564
26,000
30,000 1,389,660 1,186,909
546,727
14,000
627,663
17,000
567,166
559,504
13,000
12,000
289,609 241.119 2,632,495 2,211,473
29,419
27,786 1,430,754 1,289,323
Ann Arbor
3d wk Nov
88,998
79,262
10,822
10,215
Ark. Midland... September
Atoh.T. &8.Fe.. October... 4,453,485 3,995,267 34,608,678 31,980,293
202,687 145,745 1,426,931 1,116.484
Atlanta & Char. August
39.612
328,255
263,297
Atl.Knox.&No. October...
32,203
135,912 1,027,820 1,001,334
Atl.0'8tLlne 8.C June
158,791
52,301
454,882
417,926
Atlanta & W. P. September
59,931
At.Vald'8ta&W. October...
101,098
16,493
5,673
AuBtln&N'wesi September
16,954
18.982
49,9!-5
365,831
323,236
42,627
Atl. & Danville. July
October... 2.910,522 2,504,175 24,881,031 23,514,577
Bait. <&Ohlo
144,083 140,190 6,115,542 6,344,542
Bal. & O. Sou'w. 3d wk Nov
Bath&Ham'nde September
17,476
3,840
20,345
2,989
1,315
10,136
12,880
Blr. <& Atlantic. June
1.585
456,719
Bnmsw'k&West September
64,632
492,452
56,618
Bnfl.aooh.&Pltt 3d wk Nov 102,118
79,499 3,.590,210 3,420,661
Buffalo & Baeq. October
649,581
549,000
82,696
80,063
Rajp.&N.
Bnr.O.
3d wk Nov
95,798
99,023 4,407,410 4,024,825
OknadianPaoiflc 3d wk Nov 697,0U0 576.000 25,336,416 22,642,362
Oent.ol Georgia 3d wk Nov
141,684 143,569 5,052,040 4,874,569
Central N. E... September
67,853
465.400
55,462
529,290
Oentralof W. J.. October... 1.443,fi36 1,215,053 12.311,182 10,329,431
Central Paolftc. September 1,878.827 1,493,976 13,237,872 11,658,334
Gharlest'n&Sav September
40,468
44,457
516,986
517,867
Ohattan'ja So.. 3d wk Nov
2,247
72,393
61,199
1,246
Ohee. & Ohio.
3d wk Nov 268,369 243,989 10.962,258 10,580,348
Ohio. Bur. & Q... October
4,816,612 4,634,208 37,750,042 35,556,305
Chic. &Kast.Ill. 3d wk Nov
116,012 114,296 4,313,313 3,827,414
Ohio. 6t. Weet'r 3d wk Nov
130,345 115,835 5,657,523 4.949,417
Ohio. Ind. & L.. 3d wu Nov
83,440
66,441 3.415,472 2,968,708
Ohlc.MU.&8t.P 3d wk Nov 953,271 839,401 36,797,172 31,591,438
Ohlo.&N'thw'n. October
4,270,022 3,b7 6,663 34,440,567 30,503,230
Ohlo.Peo.&St.L. October
92,756
768,604
79,719
701,593
Ohlo.R'kl. <feP.. September 2,419,468 2,053,406 16,375,662 15,590,787
Ohlo.8t.P.M.<feO. October... 1,144,724 1,173,931 8,694,520 7,554,042
Ohlo.Ter.Tr.RR 2d wk Nov
25,902
24,972 1,086,971 1.021,900
Ohio. &W. Mich. 3d wk Nov
42,073
38,004 1,998,290 1,750,056
•135,000 *123,000 *1,458,006 * 1,255.643
Choc. Ok. & Gull. October..
Oln.G.&Ports'tb August.
7,473
44,757
5,912
38,975
01n.N.O.<feT.P 3d wk Nov
99,413 100,914
Oin.Ports.&Vlr October...
34,729
268,376
27,582
233,591
0l.Oln.Ch.<fe8t.i. 3d wk Nov
369,199 288,37c 13,649,230 12,945,609
Peo.&East'n. October
210,187 173,870 1,674,488 1,560,350
Ol.Lor. (feWheel. 3d wk Nov
40,320
34,302
Ool. Midland.... Oi tober..
197,339 157,810 1,465,402 1,347,681
Colorado <&So.. 2d wk Nov
93,020
Col. 8and'y A. B. 3d wk Nov
19,402
763,203
742,705
17,816
Crystal
August...
480
1,165
7,395
9,653
Oumb'l'd VaUe> September
99.023
679.824
647.039
89.087
Rio
Gr 3d wk Nov 216,200 203,300 8,534,513 7,660,027
Deny. A
Det.6.Rap. &W 3d wk Nov
30.493
29,833 1,435,506 1,340,026
Maoklnac
Oet.&
October...
51,757
612,238
448,150
33,935
DalathS.8.&Ati 3d wk Nov
50,460
31,156 2,141,485 1,625,734
IginJol.&East. October
166,021
148,916 1,486,443 1,266,608
arte
October
3,489,190 3,116,148 30,228,099 27,119.078
Kareka Springs. September
7,620
42,747
49,033
6,437
BTftn8.&Ind'pllB .rid wk Nov
6,623
7.220
284,945
305,467
SvanBv.ifeT.H. 3d wk Nov
28,809
29,845 1,216,002 1,124,319
Find. Ft.W.&W. October
12,160
98,379
74,382
7,645
nint&P.Marq 3d wk Nov
fc9,054
66,237 2,949.099 2,698,293
Fla.Cent.& Pen 2d wk Nov
56,006
53,395 2,299,246 2,639,807
Ft.W'th&Den.C 3d wk Nov
41,850
58,807 1.413,109 1,289,654
»t.W.&Rlo Gr 3d wk Nov
9,704
473,454
17,805
428,143
OadB. & Att. U. October
1,677
625
5,976
9,904
CkorglaRR
3d wk Nov
31,713
37,324 1,421,049 1,393.269
G^rtEladi Ala.. October...
115.195 119,226 1,028,964 1.021,188
Qeo.So. &Fla. October...
101,521
843.566
806,024
85,734
OUaVal. G.&N. September
28.452
306,317
Sr.Bap. &Ind. Jime
206,192 162,581 1,134,075
973,566
Cln.B.<S>Ft.W. June
41,799
214,327
232,756
36,985
rraverse City. June
3,805
19,628
3,322
22,939
Mne.G.R. &I Jvme
,
10,699
58,088
10,481
56,787
Tot allllnee. July
279,683 247,858 1,726,240 1,513,467
Or.Tr'nk Syst'ni 3d wk Nov 566,604 513,593 23,171,285 21,324,142
Ohio.&Gr.Tr. 2d wk Nov
82,937
72,625 3.334,794 3,141,012
Det.Gr.H.(feM. 2d wk Nov
19,821
17,500
819,875
870,257
Vlobsb. l8t wkNov
Viok8.Sh.&P. Ist wkNov
Allegheny Val. October
Ala.
&
Loulsv.&Nashv.
Macon
(Mexican Cent.
JMex.Cuern &P.
Mexican Inter^i.
JMex. National
Mex. Northern.
tMexlcanR'way
Mexican So
Midland Term'i.
Minneap.& St.L.
M.StP.&S.St.M
Mo. Kan. & Tex.
Mo.Pac.&IroniM
Central Br'oh.
Total
.
. .
.
•reatNorth'n—
8t. P. M. & M. October... 2,748,884 2,540,895 17,450,971 15,810,602
Eaetol Minn. October... 485,316 464,770 2,538,418: 2,028,474
Montana Gent October
181,855 195.014 1,616,103 1,657,763
Tot. system October... 3,416.555 3,200,679 21,605,492 19,496,840
ePlfB'nant&K.C IstwkNov.
5,860
4,228
156,642
241,329
emi &Ohloago. September
5,728
4,544
Gulf & Ship Isl. September
158.546
225.606
Hocking Valley. 3d wk Nov 100,507
75,860 3,090,895 2,378,485
H008.Tun.(feWU 8eptember
5,581
5.455
40,404
42,894
HoaB.&Tex.Cei) August
306,499 254,202 2,191,304
I
. .
I
I
I
Illinois Central.
October... 2,908,649 2,466,737 24,359,754 22,505,940
£d.Deo.&We8t. July
55,100
45,814
289,011
314,474
d. 111. & Iowa. September
86,802
71,844
639.149
755,266
buAOttNorth'n. 3d wk Nov 106,045 117,481 3,477,153 3,399,132
Onteroo. (Mex.) WTrNOV.ll
74,400
65,700 3,340,200 2,757,940
Iowa Central. . 3d wk Nov
43.608
39,839 2,027,9 2.'i 1,766.835
Iron Ball way... October...
6,101
4,339
41,143
50,643
Kanaw'a&MloD :id wk Nov
14,698
11.641
501,257
595,821
K.O.F.8oott&M. 3d wk Nov 110.449
88,380 4.598.426 4,243.383
<feBlrm..
Manlstlque
MobUe&Ohio..
Mont.&Mex.G't
Na8h.Ch.&8t.L.
NevadaCentral
N.Y.C.&H.R..
N.
Y.Ont&W..
N. Y.Susq.
&W.
Norfolk & West.
Northe8'n(Ga.).
North'n Central
North'n Paollic.
Ohio River
Om.Kan. C.&E.
Omaha &
St.
L.
Oreg.RR.&Nav.
Oreg. 8h. Line..
Pao. Coast Co..
PaoiacMail
Pennsylvania^..
PeorlaDeo.&Ev
Phila.& Erte...
Phlla.&Read...
CoalA
Ir.
Co.
Tot. both Co's.
Phil, Wllm. & B.
Pitt8,C.C.&St.L.
Pitts. Be8.&L.E.
Pitts.Llsb.&Wn
AiWes'n..
Pitts.a.&Toi.
Pitts. Pa. &F.
Total system.
Rich.Fr'Rsb&f,
Rio Grande Jot.
Rio Grande So'n
RloGr'de West.
Sag. Tuso. & H.
Pitts.
St.JoB.«feQr.l...
St. L.Chi. & St. P.
St.L.Ken'et& So
8t.L.&8anFran.
St.L. Southwest.
8t.Paul<teDul..
San.Ant.&A.P
SanFran.&N.P
S.
FePres.&Ph.
Sav.Fla.&West.
Sher.Shrev.&So.
SU.Sprs.O. AG.
8o. Haven& E.
So. Pacific Oo.-
.
to
Latest Date.
1899.
$
K.O.Mem.&Btr. 3d wk Nov
Kan. C.N. W.... October
Kan. City <tOm. 3d wk Nov
32.961
35,529 1,349,729
35,484
280,776
29,988
3,684
4,851
209,663
4th wk May
96,335
81,636 1,498,659
October .
48,000
50.55C
443,221
84.250
67,989 3.403,203
3d wk Nov
October ...
40,943
39,548
397,671
2,228.767 2,333,32t 17,696,235
October
October
3,396,214 2,198,756 15,100,721
September
24,010
28,264
186,681
3-0,084 395.451 3,882,772
October...
October
391,688 407,127 4,182,51h
October
8,862
100,730
6,820
3d wk Nov
43,123
32,270 1,593955
9.262
IstwkNov.
12,341
510,388
3d wk Nov 568,810 494,480 22,847,256
October...
7,418
7,560
53,981
October ...
4,214
6,543
70,834
3d wk Nov 317,917 276,793 13,566,579
July
253,671
25,000
September 357,011 271,379 3,413,647
3d wkNov 138,059 119,914 6.196,706
September
602,192
58,307
58.837
WkNov. 11
77,600
80,500 3,912,700
12,489
2d wk Nov
11,530
652,004
September
34,034
434,889
68,997
3d wk Nov
52,931 2,510.128
61,946
3d wk Nov 115,873 123.059 4,144,548
3d wk Nov 313,179 297.200 10,764.849
3d wk Nov 643,000 574,000 24,571,551
25.00*
28,000
1,101,377
3d wk Nov
3d wk Nov 671,000 599,000 25.672,928
October
e513.117 e398,507 64.432,053
October...
102,067 107,091 1,077,101
October...
594,673 530,291 5,068.597
September
1.955
2,683
17.915
October... 5,005,877 4,374,105 41.742.303
82,916 4.318,276
3d wk Nov
98,552
October
239.845 236,037 2,119,117
31 WkNov 262,328 228,584 11,234,653
September
6.530
49,792
5,861
October...
772,407 669,907 5,841,971
3d wk Nov 705,213 650.619 25,136,182
21,494 1,055,142
3d wk Nov
32,826
August
34,855
37,595
August
50,430
44,849
4th wk Aug
165,460 151,773 4,248,963
September 749,803 654,698 5,707,582
September 477,240 406,420 3,781,951
September 271.310 330,945 2,736,089
October... 6,976.278 6.001.778 59,437,884
3d wk Nov
778,375
18.100
16,376
September 528,816 484,248 3,698.387
October... 2,517,143 2 214,018 20,046,571
October... 3 389,460 2 342,422 22,574,205
October
5,906.603 4,556,440 42,620,776
October...
885,281 8,727,237
991,981
October... 1,739,726 1,595,726 14,736.881
3d wk Nov
24,419 1,634,745
46,962
October...
4,570
39,458
4,671
3d wk Nov
36,677 1.737,632
40,625
3d wk Nov
20,995
921,907
23,230
3~0,280
3d wk Nov
6,949
9,371
3d wk Nov
64,621 3,045,575
73,226
September
698,063
61,516
73.003
September
33.2S3
308,727
45.623
3d wk Nov
439,319
12,060
10,600
3d wk Nov
70,400 3,376.509
96,500
October
119,452
13,129
16,985
3d wk Nov
25.804 1,227.583
26.139
October ...
298,024
34,934
32,689
October...
9,372
78,427
11,900
3d wk Nov 155,487 159,696 6,740,687
3d wk Nov 150,600 153,400 5,044,423
October...
22^,225
192,201 1,580,842
September 265,992 303,699
October...
94,755
800,319
92,667
2d wk Nov
21,211
16,62
783,037
September 326,671 347.950 2,872,751
1th wk Oct
13.184
18.243
284,604
September
28.854
241,885
23,052
October
4.053
38,699
4,800
. .
^axlr0ad
Jan. 1
.
.
.
.
.
.
. .
. .
.
.
,
. .
. .
,
.
.
1898.
$
1.265,714
279.579
220,929
1,304,218
433,862
3,076,468
316,309
16,219.119
13,007,571
176,915
3,959,679
4,222,624
76,923
1,383,958
413,210
20,134,538
47,856
89,958
11,803,061
2,486'85'4
5,447,147
448,362
3,557,900
567,362
325,089
1,972,781
3,828,649
10,378.901
23,435,061
1,170,262
24,605,323
63,479,342
1,201,449
4,869,652
33,133
37,897.146
3,416,190
1,875,540
9,965,880
43,012
5,406,871
23,448,073
863,440
4,362,852
4,859,644
4,012,250
3,403,906
54,040.584
722.127
3.198,471
17.902,903
16,817,529
34,720,432
8,102,487
13,280,495
1,190,853
38,259
1,598,214
958,752
347,147
2,903,892
642,615
281,120
420,449
2,923,784
116,123
1,090,151
282,015
58,166
6,183,881
4,831,310
1,350,408
732,014
714,801
3,166,230
273,895
210,190
29,863
Gal.Har.&S.A September 605,281 500,384 4,346,786 3,884.298
Louls'a. West. September
926,703
110.859 108,035 1,022.269
Morgan'sL&T September 574,840 481.907 4.852,545 4,625,211
N.Y.T. &Mex September
38,049
242,602
202,805
31,201
Tex.&N. on.. September 158,563 156,154 1,401,292 1,267,693
Atl.Prop'tes.a September 1,528,044 1,330,472
So. Pac. ol Cal September 1,592,977 1,245,275 11,762.930 10.664,915
Bo.Pao.ofArlz September
285,167 220,08t> 2,521,12- 2,291,909
So.Pac.ofN.M September 155,421
112,759 1,431,012 1,164,042
Pacltto system September 4,290,293 3.443,006
Total of all.6 October... 6,069,841 5,007,459 49,853,279 44.615.172
Southern Ry.c. 3d wk Nov 663,580 611,411 24,655,529 22,211,396
StonyCl.&C.Mt September
4,423
4,500
36,769
33,398
Texas Central. 2d wk Nov
17,395
12,676
Texas& Paollic. 3d wk Nov 215,961 230,998 7,103',318 6,768,020
10,500
Tex.S.V.<StN.W October...
12,500
Toi.&OhioOent 3d wk Nov
39,901 1,757,449 1,631,513
45,865
Tol.P. (fewest.. 2d wk Nov
21,219
18,409
894.902
853,593
43,034 1,756,948 1.877,357
Tol.St.L.&K.C 3d wk Nov
41,399
Union Pao. BR.. September 2,210,620 1,864,782 15,243,133 13,605,814
Wabash
3d wk Nov 336,191 288,196 13,783.638 12,209,458
220,330 201,830 2,718 321 2,319,521
W.Jersey&Sea'e October...
113.236
90,908 1,072.061
963,137
W.V.Cen.&Pltts October...
3.5,318
226,877
248,284
WestVa.& Pitts, August
33,644
494,180
457.404
60,277
Western of Ala. September
68,717
69,600 3,225,436 2,752,450
73,400
West.N.Y.&Pa, 3d wk Nov
36,469 1,508,528 1,309,180
41,619
Wheel. & L.Erie 3d wk Nov
14,734
Clev. C. & So. 3d wk Nov
15,583
51.203 dl,746832d 1,516184
57.202
Total
3d wk Nov
Wis Jonsin Cent, 3d wk Nov 106,496 100,837 4,913,469 4,415,202
8.331
Wrlgntsv.&Ten. September
101,694
61,869
15,357i
Yazooife Miss Val October...
533,800 349,064
6.602'
61,801
53,633
9.371
York Southern. September
o Includes earnings from ferries, etc., not given separately, b In
eludes the Pacllic system and the Atlantic properties, but not the Houston A Texas Central system, c These figures Include South Carolina &
Georgia after May 1 and Atlanta &, Danville after September 1 in both
e Re<% Includes Clev. Canton <k Southern from Aug. 16 only,
years.
sults on Montgomery Division are included in 1899, but not for 1898,
only.
railroad
'Figures for October are for the
t Includes Chesaneake & Ohio So' western, Ohio Valley and Chloago
and Texas for both years. Results on Yazoo Branch exol aded in
1899 but included in 1898 untU July 1.
t Mexican currency.
5 Covers results of }inee directly operated east of Pittaborg.
THE CHROJSICLE.
1144
[Vol. LXIX.
—
Latest Gross Earnings by Weeks. The latest weekly earnings in the foregoing are separately summed up as follows:
For the third week of November our preliminary statement covers 68 roads and shows 11-04 per cent increase in the
aggregate over the same week last year.
3d week of Nov.
Alabama Gt. Soutbern.
1899.
«
45,878
29.449
144,083
102,118
.
.
f^nn Arbor
.
Bait. <b Ohio Sonthwest.
Buflalo Rooh. <b Flush's:.
Burl, Ced. Rap. & North
HAnadiaii Paolflc.
Central of Oeorsrla
Ohattanooxa Southern..
OhesapeaHe <& Ohio
<fe Bast. IlllnolB
Ohio. Great Western
Uhlo.Indlan'118 & Lioulsv.
Cli'oaffo
Ulev. Oln. Ohio. & 8t. L>..
Olev. Lorain & Wheel'g..
Ool. Sandusky & Hook'g.
Western
Shore & At.
30,493
50.460
6.623
28.809
69,054
41,850
Dnluth 80.
Eransv. A Indianapolis.
Evansv. <& Terra Haute.
Flint & Pere Marquette..
Ft. Worth & Den. City.
Ft. Worth & Rio Grande.
.
.
Det. Gd. H.
Hooking
&M
Valley...
&
Kanawha
31,713
566,C01
513.593
100,507
106,045
43.608
75,860
117,484
39,839
11.641
88,380
35,529
Michigan...
14.69-
Kan. Olty Ft. 8. & Mem..
Kan. Cltr Mem. & Blrm.
V»n8aa Olty & Omaha .
Lake Erie A Western ..
lionlsv. Evansv. & St. L
Louisv. & Nash
Mexican Central.........
Mexican National
110,449
32.961
3.684
84 250
43,123
568.810
317,917
138.059
61.946
115.873
313,179
643,000
<Sc
& 8t. Louis.
& 8. 8te. M.
AO. Kansas & Texas
Mo. Paolflo, Iron Mt
Vlnneapolls
Minn.
8t. P.
28.00f
Central Branch
S. Y. Ontario <fe Western
Worfolk & Western
Northern Pacific
Ohio River.
Peoria Deo. & Evansv.
Plttsb. Bess.
Pittsburg
&
98.552
262,328
705,243
32,8 <!6
18,100
46.962
73,226
12.060
96,500
26.139
155,487
150.600
663.581
215,981
45.B65
41.399
336 191
73.400
41,619
15 583
.
L. Erie...
& Western
Bio Grande Southern
Rio Grande Western
Bt. Joseph & Gd. Island.
St. Louis & San Fran -.
St. Louis Southwestern..
Southern Railway
Texas & Paollio
Toledo & Ohio Central...
Toi«ao St. L. & Kan. Cltj
Wabash
West N. Y.
& Penn
Wheellnjf A Lake Erip.
Clevel'd Canton & So.
.
106 496
Wlsconslu Central .......
Total 68 'oansi
..«•*..
14.52
........
1,501
80.829
6,018
1,586
12.900
19,304
597
-
...
10,375,837
4.851
1,036
-
2,817
i6.95'7
8,101
5,611
53,011
67,989
32,270
494,480
276,793
119,914
52 931
123.» 59
297,200
574,001
25,0no
82,916
228,584
6i0,619
21.494
16,37b
24,419
64 621
10.600
70,400
24,647
3,769
3,057
22,039
2,568
1,167
••*•.»•.
>••
-•
16.2^1
10,853
74,330
41,124
18,145
9,015
» -
••>
•
.
>»•
.-
7,186
-•
15.979
69.000
3,000
15,636
33.744
54.624
11.332
1,724
22.543
8,605
1,460
26,100
•
••• •>••
>••• ....
4,2d9
2,800
•>•• --
52,16P
.>•• -.
15,037
•>
5,964
i,635
47,99*5
3.800
5,150
14,73*
849
100,837
5,659
9.344,299 1,116.792
1,031.538
85,254
For the second week of November our final statement covers
75 roads, and shows 11 -96 per cent increase in the aggregate
over the same week last year.
2d week
of
1899.
November.
Previously rep'd (68r'ds) 10,179,885
39,300
Ft Worth & Denver City
74.400
Interoceanio (Mex.)
77,600
Mexican Railway
11,530
Mexican Southern
122.460
Minn. St. P. & 8. 8te. M.
21,211
San. Fe Prescott & Phx..
12.676
Texas Central
10,539,062
Total .75 roads)
Net increase (11-96
p. 0.
1898.
Increase.
$
$
9,064,158 1,169,285
41.746
...
65.700
8,700
80.500
12,489
mr
114,616
7.844
16,628
4.583
17,395
Decrease.
«
53,558
2,446
....
.
.
1,190,412
1,125,830
-
2,900
959
•
9,413,232
••*•..-.
4,719
64,582
Net Earnings Monthly to Latest Dates.— The table following shows the gross and net earnings of Steam railroads
reported this week. A full detailed statement, including all
roads from which monthly returns can be obtained, is given
once a month in these columns, and the latest statement of
this kind will be found in the Chronicle of November 18,
The next will appear in the issue of December 23, 1899.
1899.
/—
—
Gross Earnings
1898.
1899.
-Net Earnings.18U8.
1899.
$
*
Roads.
1,754
67,826
2.'0,449
154,439
AIahamaGi.i3o'th.a..Oct.
398.172
475,324
1,606,201 1,42(5,457
Jan. 1 to Oct. 31
Vi33,716
193,244
589,983
709.701
July 1 to Oct. 31
Atch.Top. AS. Fe.b.Oct. 4,4.53.485 3,995,267 11,936,767 tl, 515, 565
Jan.l to Oct. 31. ...34.608.678 31.980.2^3 12,168.530 8,014,3o8
Julyl to Oct. 31 .. 15,182,812 13,191,956 15,650,996 t3,533,9d2
2,920
3,414
Oct.
Blnghamton Gas
10,231
13.784
May 1 to Oct. 31...
.=i
173,239
349,672
42..8S8
3.310,461 3,182,164 1,2?5.360
580,766
1,513,973 1,37.^,916
Canadian Pacific. a.. Oct. 3,084,605 2,6^3,730 1,411,016
Jan. 1 to Oct. 31. ...23,282,416 20,943,362 9.571,948
Bufl. R. &Pittb8.b..Oct.
Jan. lio Oct 31
July 1 to Oct. 31
1.085.494
4,107,590
$
$
254,545
1,340,919
712.393
300,428
1,418.517
720.488
371.320
3,223,725
1.467,950
364,070
3,205,517
1,432,283
& East. 111. b... Oct. 488.098
Jan. 1 to Oct. 31.... 3,982,364
Julyl to Oct. 31.... 1,764,790
414,934
3,510,694
1,511,571
238,763
1,827,520
848,775
201,276
1,493,157
689,351
M.& St. P. a... Oct. 4,327.691 4.078,457 1.690,504 1,919,975
Jan. 1 to Oct 31... 32,948,544 29 085.002 11.062,165 10,775,646
Julyl to Oct. 31.... 14.968,263 13.325.621 5,221,612 5,320.635
Clev. Cin.C.A St. L.a Oct. 1,543.686 1.32.=i,216
520.297
379.315
Jan. 1 to Oct. 31... 12.604.436 12,080,499 3,547,969 3,160.102
Julyl to Oct. 31 ... 5,668,322 5,181,245 1,738,324 1,505,760
Peoria AEast'n a. Oct.
210,187
173.870
69,297
37,700
Jan. 1 to Oct. 31
1,674,488 1,560,350
450,223
355.379
July 1 to Oct. 31....
750.478
629,544
224,344
141,975
Colorado & 80... b... Oct.
417.652
132,067
Jan. 1 to Oct. 31
3,248,690
965,556
July 1 to Oct. 31.... 1,444,184
464,858
Consol. GasOo.. N.J..Oct.
4.907
4,092
Jan. 1 to Oct. 31
57.257
47,621
Denver Gas & Eleo .Oct.
42.106
37.433
Mar. 1 to Oct. 31
205.316
236,050
394,7fi9
Uen.A R. Grande. b.. Oct.
980,035
898,372
385,685
Jan. 1 to Oct. 31 . 7.903.313 7.076,127 2.904,062 2,906.244
Julyl to Oct. 31.... 3,505,043 3,208,668 1,388,175 1,367,560
Detroit City Gas
Oct
38.414
28.704
Jan. 1 to Oct. 31
233,382
309,308
Detroit & Macro. a..Oot.
51,757
7,603
4,991
33,935
Jan. 1 to Oct. 31.
448.150
220,348
154.343
612,238
166,627
Julyl to Oct. 31....
251.675
79,363
30,430
997,630
Brle.a
Oct. 3,489.190 3,116,148 1,099,008
Jan. 1 to Oct. 31... 30.228,099 27,119,078 7,778,747 6,773,440
Julyl to Oct. 31.... 13,781,506 11,619,180 4,187,089 3,586,281
8,257 def. 1,784
2,510
Findlay Ft.W.&W.b Sept.
11,545
66,7a7
147
86,219
10,368
Jan. 1 to Sept. 30....
37,156
27,353
4,859
8,998
July 1 to Sept. 30....
•74,694
*75,992
164.304
177,727
Oct.
OeorKla.a
414,515
294,231
Jan. 1 to Oct. 31.... 1,320,772 1,276.432
•158,854
•186,590
543,156
544,864
July 1 to Oct. 31
15,618
17,843
9d. Rap. Gas-L. Co .Oct
107,837
127,678
Jan. 1 to Oct. 31
169,173
75,272
392,934
244,960
Hooking Valley. a.. Got.
290,924
910,646
564,861
Julyl to Oct. 31..., 1,389,778
2,826
2,695
Jackson Gas-L. Co. .Oct
20,580
21,685
Jan. 1 to Oct. 31
16.837
15.953
Mar. 1 to Oct. 31
Kansas City (Mo.) GasChic.
.
335
2').804
159.696
153,400
611,411
230.998
39,901
43.034
288 196
69.600
36,469
li,439
.•••
•
9,848. 3eO
1,974.754
«
—
660
*>
Oheeap. & Ohlo.a....Oct. 1,176, !598
Jan. 1 to Oct. 31....10,V07,83«
July 1 to Oct. 31.... 4,456.7C0
Net Earnings.
1899.
1898.
.
'1
Gt. Xorth'n . .
Oentral. ...........
Intern'l
Iowa
)
>
2,185
1,001
16.999
113,870
4,069
649.892
4,438,807
.
Chic.
121 000
24,380
1,716
Rocult
Cent, of Georgia .a.. Oct.
610.706
Jan. 1 to Oct. 31
4.640.461
July 1 to Oct. 31
2,026.820
..
Ohio. Burl. AQuln. to. Oct. 4,816,612 4,634 208 2,339,315 2,230,120
Jan. 1 to Oct. 31... 37.7^0,042 35.556,305 14.529.661 13.442,078
July 1 to Oct. 31. ...17,672,812 15.704,554 7,549.569 6,600,054
3,225
7.220
29 84ft
68,237
58,807
17,805
37,324
9.701
Georjfla
arand Trunk
Ohio. & Grand Trunk
143.869
1.246
243,989
114,296
115.835
66,441
839,401
38.004
100,914
288,370
34,302
17.816
203.300
29.833
31,156
19,402
&
Det. Gd. Rap.
576 000
141.684
2,247
268,369
116.012
130.345
216.20(
Decrease.
5,009
1,6«3
3,893
22,619
27,7'<6
697 000
40.32<
Denver & Rio Grande...
40,869
9.^,798
953.271
42.073
99.413
369.199
Increase.
S
140,190
79,499
99.023
J"3.440
Ghloafo Mil-w. & 8t. Paul
•TiloaKO & W. Mlohlsran..
Cln. New Or. & Tex. Pac.
1898.
-Oross Earnings.
1899.
1898.
$
$
118,183
1,132.100
485,003
1,255,845
8,115,752
133,629
May 1 to Oct. 31
96,550
90,971
Oct.
........
Laclede Gas-L. Co
786,326
736,704
Jan. 1 to Oct. 31
951,072
629,637
Lehigh VaUey RR... Oct. 2,228,767 2,533,326
Jan. 1 to Oct. 31.. ..17,696,235 16,219,119 3,611,201 4,612,829
Dec. 1 to Oct. 31... 19,487.229 17.758.231 3,996,344 5,076,909
80.340 df 91,030
Lehigh Val. Coal Co.. Oct. 2.396,214 2,198,756
Jan. 1 to Oct. 31 ... 15,100,721 13,007,571 df.351,c82 df.9b7,347
Dec. 1 to Oct. 31. ...16.871. 534 14.427.485 dl.437.553d.l,040,770
901,906
811,208
Loolsv. & Naflhv.b...Oct. 2,510,805 2,102,886
Jan. 1 to Oct. 31. ...21,167,936 18,661,093 7,038,200 5,809,638
Julyl to Oct. 31..-. 9,294.251 7.738,265 3,180,370 2,645,103
4.609
5.277
Madison Gas & Elec.Oct.
36,729
38,974
Jan. 1 to Oct. 31
23,383
23,828
Apr. 1 to Oct. 31
15,564
34.034
38,487
68.997
Midl'd Terminal. b.. Sept.
114.560
234,535
149,477
308,464
Minn. &St.Loul8.a..Oot.
709,739
887,549
Jan. 1 to Oct. 31.... 2,323,706 1,804,353
353.868
457,176
801,407
Julyl to Oct. 31.... 1.064,594
318,660
253,124
510,768
562.083
M. St.P. &S. 8. M....Oct.
3,780,149 3,473,739 1,782,582 1,543,009
Jan. 1 to Oct. 31
749.699
1,868,215 1,647,352 1,008,334
July 1 to Oct. 31
110,182
141,303
368,327
454,265
N. Y. Ont. &West.a..Oct.
858,994
4,040,695 3,189,760 1,361.340
Jan. 1 to Oct. 31
447.476
652,417
1,840,177 1,457.706
July 1 to Oct. 31
2.S6,037
115,188
107,322
239,845
N. Y. Bus. &We8t.a..0ct.
840,625
889.678
Jan. 1 to Oct. 31.... 2.119,117 1,875,540
390,404
441,543
804,688
929,903
July 1 to Oct. 31....
2,007
1.251
6,530
5.861
Northeastern of Ga. Sept.
2.205
1.317
48.012
49,792
Jan. 1 to Sept. 30....
3,276
1.975
15.531
15,294
Julyl to Sept. 30....
242,973
296,473
669.907
772.407
SorthernCentral.b..Oct.
5.841.971 5,406,871 1,493,178 1,509,678
Jan. 1 to Oct. 31
PennsylvaniaLines directly operatedEast of Pitts. A E.. Oct. 6,976,278 6,001,778
Jan. 1 to Oct. 31.... 59,437,884 54,040,584
Inc. 65 7,100
West of Pitts. & E. Oct.
Inc. 4.542,300
Jan. 1 to Oct. 31
PhUa.A Reading, b.. Oct. 2,517,143 2,214,018
Jan. 1 to Oct. 31.. 20,046,571 17,902,903
July 1 to Oct. 31.... 9,038,471 7,802,231
Coal & Iron Co. b.. Oct. 3.389,460 2,342,422
Jan. 1 to Oct. 31. ...22,574,205 16,817,5'29
Julyl to Oct. 31. ...11, 251,743 7,290,858
Total both Co's.b.. Oct. 5,906,603 4,556,440
Jan. 1 to Oct. 31. ...42, 620,776 34,720,432
July 1 to Oct. 31. ...20,290,^14 15,093,039
.
Reading Com I)' J- b. Oct.
July 1 to Oct. 31
Total all Comp'e.b. Oct.
July 1 to Oct. 31
Phila.Wllm&Balt.b.Oct.
Jan. 1 to Oct. 31
Nov. 1 to Oct. 31
.~.
..
991,981
8,727,287
10,392,449
885,281
8,102,487
9,601,249
49.164
404,062
178,413
44.402
389,257
171,851
Pitts.Shawmut &No.Oct
Aug. 1 to Oct. 31
Rio Grande South. b. Oct.
Jan. 1 to Oct. 31
July 1 to Oct, 31....
2,537,1C0 2,244,600
17,541,507 16,972,207
Deo.
2,709
Inc. 1,267,900
1,06?,921 1,042.110
7.403,654 7,452,716
3,536,359 3,4ll,t72
103,106
390,718
117,365
1,126.175
459.249
1,028,177
1,453,639 1,14.'S.216
8,529,829 7,570,081
4,564,536 3,870,i21
19,649
19,973
67,192
79,292
1,473,612 1,164,865
4,643,828 3,938,113
262.836
528,830
2,854,122 2,283,i»22
3,353,421 2,680,421
27,345
76,761
22,380
25,301
191,754
1^5,442
77.020
89,030
December
THE CHRONICLE.
2, 1899.]
——Grots Samtngs.1899.
-^
—Jfet Jiani%ny».
.
1899.
1898.
S
Roads
8t. Joseph Qas L. Co. .Oct.
9
9
7,017
6.043
49,902
55.738
20,636
20,316
July 1 to Oct. 31
369.670
337.417
711.206
at. Lonia & San Fi'.b..Oot.
770.473
Jan. 1 to Oct. 31
6;270.434 5,714,723 2,576,440 2,267,623
July 1 to Oct. 31.... 2,788,261 2.438,002 1,241.4 24 1,021,959
26,107
25,089
St. PanlGas-Lt Co...Oct
221.016
216.816
Jan. 1 to Oct. 31
8outhemPaolflo..b...Oct. 6,069.841 5.007,459 2.467,230 2.000,474
Jan. 1 to Oct. 31.. ..49,853,279 44 6i5.172 18,212,429 16,157,419
July 1 to Oct. 31
22,324,375 18,635,824 8.923,136 7,257,605
927.968
Sonthern Railw'y.a.,Oct. 2,95^593 2,543,*^ 65 1,103.774
Jan. 1 to Oct. 31. ...22,669,443 20,420,386 7,117,569 6,149,581
July 1 to Oct. 31. ...10,347,712 9,221,528 3,529,336 2,954,816
Western Gas Co.—
50,807
50,264
Mllw'eeGas-L. CcOot
......~
-.
385,051
401,448
Jan. I to Oct. 31
32.038
35,438
201,830
W. Jersey & Seasb.b.. Oct. 220,330
846,395
676,495
Jan. 1 to Oct. 31
2,718,321 2.349,521
212.P5C
236.656
476,345
559,450
Wisconsin Central... Oct.
814,928
952,341
July I to Oct. 31.... 2.177,301 1,834,351
Jan. 1 to Oct. 31
a Net earnings here given
b Net earnlnirs here given
are after deducting taxes.
are before deduotlnjr raxes
* After allowing for other income received, total net in October,
was *76,938, a giinst $75,640, and from July 1 to Oct. 31, $187,536,
against $189,348.
t For Oct., 1899, taxes and rentals amounted to $155,781, against
$138,536, and from July 1 to Oct. 31, *535,458, against $ot9,133.
after deducting which net for Oct., 1899, was $1,7»0,9S6, against
tl, 377,029. From July 1 to Oct. 31. Isi99. net after deducting taxes
and rentals is ^5,u65,538, agaiust $2,964,84^.
Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing, also report charges for interest, &c., with the surplus
or deficit above or below those charges.
^Bal. of IfttEarn's.-^
Int., rentals, etc.
1899.
1»98.
1899.
lbS8.
9
Roads
$
$
$
840.000
842.958 1,499.315 1.387,162
Ohio. Bnrl. & Qulnoy Oct.
Julyl to Oct. 31.... 3.360,000 3,371,832 4.189.569 3,228,222
'99,243
•137,394
127,558
126.772
CWo. & E. Illinois.... Oct.
July
1
.
to Oct. 31
Clev. Cin. Ch. A8t. L..Oot.
Julyl to Oct. 31
Peoria & Eastern.. Oct.
July 1 to Oct. 31
Denver & Rio Gr'de..Oct.
Julyl to Oct. 31....
Oct.
Hocking Valley
510,784
232,365
944,051
38,125
152,500
201.818
804.114
68,116
269.225
.
October
October
October
October
1
toLaleslDale.
1898.
1899.
. .
9
.
.
.
.
. .
9,196
6,248
6 '-69
7.632
13,98b 11.020
363,644 344 907
81,338
79,064
133,188
51,791
61.510
89,154
October... I3017.i6- 12M64';
A.prll
150,263 134,407
602,447
530,248
October... 145,878 133,6^0 1,405.104 1,253,124
October .
47.162
6,350
49.897
5,»83
Ne wburg St. Ry
October
6,920
7,007
76,275
73,837
New London St. Ry.. September 5 948 6,584
45.902
45,982
New Orleans City
October... 106,478 98.602 1,127,411 1,092,192
.
. .
Newport News & Old
Pt. Ry. & Elec
September
Northern OhloTraot. October
Ogdensburg St. Ry.. October...
August....
Paterson Ry
20,450
iO,H16
Richmond Traction.. October...
Roxb'hCh.a.&Nor'u May
. .
Schuylkill Val. Trac. October...
Scranton Railway
Staten Island Elec
..
September
..
October...
30,332
1,836
1,895
38 820
36.M9
19,171
271,229
17,ar7
245.950
14,748
10.729
5,878
39.530
15,113
13,573
8,89/
5 252
36.855
59,246
33 472
303.:<41
14.771
177 501
366,652
34,151
54,237
281,025
17 7,441
335,930
Syracuse Rap.Tr Ry. September
Toledo Traction
July
Toronto Ry
October...
Twin City Rap Tran October
Union (N. Bedford).. October
Uoited P. ATransp.. September
United Tract. (Pitts.) September
United Tract. (Prov.) August
99,0»0 85,055
111,465 99,650
229,210 186 8b0 2,075,189 1,783,307
17,0S<9 16.020
202,987 17r,003
149,085 135,884 1,245,592 1,135,880
198,160 177,084 1,316534 1,163.400
Unit. Trac. (Reading) October... 17,634 15.351
184,485
163,979
Wakefield & Stone.. May
5,V04
4,861
19,531
19,157
.
.
. .
figures include results on Brooklyn Heights, Brooklyn £le4 Tbese
vated, Kings County Elevated and Nassau RR.
* Strike 111 July. 1899.
t Strike during June, July and August. 1899.
a Figures for Oct., 1898, cover line from Waukegan to Highland
Park only; those for 1899 cover entire line from Evanston to Waukegan.
6 Abandonment of Camp Meade which was occupied by troops la
Oct., 1898. accounts for the decrease this year.
Street Railway Net Earuings.— The following table give*
the returns of Street railway gross and net earnings received
this week.
In reporting these net earnings for the street
railways, we adopt the same plan as that for the steam
roads that is, we print each week all the returns received
that week, but once a 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, 1699.
—
-Oross Earnings.
756.154
3,024.617
701,612
1,555,828
1899.
408.711
913,496
Roads.
Fulton St. RR. (N. Y.)b—
Julyl
to Sept.
50.000
17,918
72.117
130,156
521,590
17,923
71,694
142.785
556.454
26,761
7,383
16.913
•108,841
*436,191
Jan. 1 to Oct. 31....
4.4.57
6.208
*83,C37
'£0 ,359
Alter allowing for other Income received.
STREET RAILWAYS AND TRACTION COMPANIES.
J
9
30
Lorain Street Ry....Oct.
. .
Jan.
1898.
$
Lorain St. Railway..
Lorain & Cleve
Los Angeles Tract..
Mass. Elec. Co.'s
Metrop. St. Ry.(N.Y.)
Mllw. Elec. Ry. & Lt.
Montreal Street Ry..
Muscatine St. Ry
295.636
& No.—
Aug. 1 to Oct. 31....
Blo Grande 8onth .Oct.
Julyl to Oct. 31
Wisconsin Central ... Oct.
July 1 to Oct. 31
*
*266,227
*431,810
141,985
287,932
544.172
794,273
899
31,172
71.844 def. 5,232
n90.560 -184.839
•583,671
*62l.69B
101.057
508,794
237.330
961,588
36,801
147,207
201.172
825.916
July 1 to Oct. 31
Fblladelphla <fe Reading772.000
All companies ... .Oct.
July 1 to Oct. 31
3,088,000
Pitts. Shawmut
WeekorMo 1899.
Earnings.
.
,
.
Latest Qross Earnings.
Gross
.
1888
1145
Los Angeles Tract... Oct.
Jan. 1 to Oct. 31
Staten Isl. Eleo. a
Oct.
Jan. 1 to Oct. 31....
July 1 to Oct 31
Thirl .V- fourth St. Cr. (N.Y.)
July 1 to Sept. 30 ..
28th & 29th Sts. Crosstown
July 1 to Sept. 30....
Ket Earnings.
1X99.
'898.
.
«98.
$
.
$
$
13.772
9,196
81,338
13,933
133,183
15,113
177,501
88.242
16,399
6,248
[51,791
11.020
89,154
14.771
177,441
91,569
5,962
3.740
43,806
3.593
29.237
3.826
46,072
33,090
1,950
22,270
3,908
29,726
42,701
b—
86,989
b—
84.280
38,720
40,610
8,531
3,311
26.078
42,264
34,858
19.«33
19.948
The following table shows the gross earnings for the latest
period of all street railways from which we are able to obtain weekly or monthly returns. The arrangement of the
REPOR'rs.
table is the same as that for the steam roads that is, the
first two columns of figures give the gross earnings for the
Annual Reports. — The following is an indez to all annual
latest week or month, and the last two columns the earnings
reports of steam railroads, street railways and misceUaneons
for the calendar year from January 1 to and including such
companies which have been published since the last editiona
latest week or month.
of the Investors' and Street Railway Supplements.
RAILWAYS
AND
COMPANIES.
STREET
TRACTION
This index does not include reports in to-day's Chronicle.
ANNUAL
—
Latest Oross Jilarnings.
Gross
Earnings.
Week orJlo
1899
October
60,513
5,299
56.748
1898.
Ja7i. 1 to Latest Dale.
ia9i*.
la»H
$
Albany Railway
Amsterdam
Atlanta Ry.
Augusta
. .
Ry... September
Power. October...
St.
&
(Ga.) Ry.
Bridgeport Traction
Br'klynRhp.Tf. Co.t.
Chicago & Mil. Elec.
Chicago Union Tract.
September
October...
October...
October
Miami Val.... October
Newp.
& Cov
City Elec. iRoiue.Qa.)
Cleveland Electric.
Cleve. Painsv. &E...
Col. Sp'gs Rap.Trans.
Columbus St. Ry.(0.)
Columbus (O Ry....
Denver City Tram..
Detroit Cit i'n s'St. Ry
)
.
Detroit Eleo. Ry
Detroit Ft. Wayue
Belle Isle
&
584.417
44.015
408,913
530,606
40.318
,
American Co'ton Oil
American Soda Fountain
American Tvpe Founclers
Bait. cues.
&
Oregon kH. & Navigation
Oregon Short Line
Panhc Coast Co
Pennsylvania Co
Pittsburg Brewing (9 months)...
10l9, 101«
1060
flOl
1C09
Atlantic
Bangor Aroostooli
952
Boston Revere BfiacU 4 Lynn.
y53
Brooklyn Ferry Co. of New ^ ork.
tt'itenunt to N. Y. Stock Bxch ..lUl
Buffalo & Susquehanna
902
n52
Cincinnati Hamilton & Dayton
Cin. N. I). & Texas Pacific
952
,.^:
September
July
Bay Cities Consul
Bmghamton St. Ry.. September
&
4,563;
&
Eleo
ClD.
Cin.
56,783
Railroads & Miscell. Compa.nies. Railroads & Miscell. Co.'s)— Co«,)
Volume est—
Page.
Vnlinne hh—
Page.
Alabama Gt. Southern Ry. (Lim.).106H Minneapolis & St. Louis....
901.911
Alabama & Vicksburg
1008 New Ene. Cot. Yam official state'T.\009American Air Power
1060 New urleans & Northeastern
1008
...
...
October...
October...
August
October...
September
September
October ...
October ...
3d wk Nov
3d wk Nov
15,889
9.407
14.760
33.6W3
917.964
o9,175
679,040
14.9«2
65,083
2 330
146,424
11,432
20,038
74.980
75,216
102,02o
26,599
10,406
wk Nov
4,475
October...
Duluth St. Ry
Easton Consol. Elec' October...
20 0UH
3d
12,683
9.916
48,625
49,589
13.154 125.244 122,481
270,491
32.987 274,2bD
904,991 8,766,531 8,175,288
a3,303
623.194
12.954
101,200
126,269
60,606 592,276 574,138
•22,530
1,755
19,657
148,287 t 961,861 1,127.166
9,977 103.539
90,070
14,976
61,778 575,696 508.365
. .
39931
3,761
186,465
188,277
.
1008
& .Mackinac
Edison Elec. 111. Co. of Boston. .1000
902
Georgia Southern & Florida
Great Northern
951. 958
Detroii
.
Ind. Dec. & Western
Ind. III. & Iowa
Maine Central..
Manhattan Ry
Mergeiithaler Linotype
261,963
14,3541 129141
6,4441
6,839
17,243! 15,956'
130,962
53,006
116,696
903
1008
1009
954
906
Reading Co
balance shfet. 904
Ri o Grande Western
900. 910
Rutland RR
1007
St. Joseph & Grand Island
902. «68
903
St. Paui & Dulutb
Savannah Florida & Western
1059
Toledo * Ohio Central
901
Trow Dir. Print At Bookb'd'g Co...ltflO
U. S. Cast Iron Pipe & Fy. Co..balance sheet S'pt. HO
1C09
U. S. Flour iliUme.official statem't. 1010
Vicks. Shreve. & Pacific
1008
f^
88,152
40.237
"go' 2 07
8 91C
8 319
4 398
3.721
10.809
39 716
& Northern
Report for the year ending June
The report contains much information.
000-ponnd capacity
0.=)6
952
95:-l
.li'60
Portland & Rumford Falls
Pullman's Palace Car
30.,
Ry.
1899. J
In part
it
says:
Road.—T'hQ physical condition of the property has been
very muc^ improved since the last report, both track and
bridges.
There have been purchased during the year 63,300
253,010 track ties and 1,235 switch ties, and the frack is better tied
than it has been at any time for the past three or four years.
33,853
146,9^4 We have purchased from the Wabash RR. one hundred 40,-
37,063
159,173
-l
.
1058
904
163,132
170,602
3,561
18,814
18.541
.
Atlanta Knoxvilie
114,634
23,24H 1,207,518 1.057,176
8,076 400,133 351,166
16.289
22,317
Erie Electric .Motor.. October... 12,332 11,076
Harrisburs: Traction. October... 625,416 636 £07
Hei kimer Mohawk IIion&FkfoitEl.Ry. October
Houston Eleo. St. Ry. September
Interstate Con sol. of
North Attlfboro.... October...
September
Kingston City Ry
Knoxvilie Traction.. August
October...
Lehigh Traction
Lima Railway (Ohio) October..
LondonSt. Ry. (Can.) July
.
901
li'07
54,2'.^2
35.152
58 223
flat carp, at
a cost of $12,651.
Coupon Scrip. — The holders of f)84 first mortga2;e bonds
funded their coupons maturing Dectmber, 1897, June and
December, 1898, and June, 1899, by accepting coupon scrip,
the principal of which, with interest at 5 per cent per annum, is payable at the pleasure of the company.
THE
1146
(
HKONICLE.
[Vol. LXIX.
EARNINGS, EXPENSES AND CHARGES.
1898-9
$255,783
Freight earnings
75,797
Passenger earnings
21,373
MaU, express, &o
1897-8.
The work of repairing wooden bridges has been steadily prosecuted,
and they are now in normal condition. Of our metal bridges, one 114
$224,241
67,512
36,339
feet long. No. 131, has been replaced with a steel-deck plate girder of
three spans. Extensive repairs to locomotives and cars placed our
equipment at the close of the fiscal year in much better condition
$352,952
280,292
$328,092
234,751
$72,660
15,803
$93,341
19,843
$88,463
$113,184
1,393
1,428
Total earnings
Operating expenses
Netearnings
Other income
Total
Deduct —
Interest
Interest on bonds
800
800
61,142
91,305
$63,335
$25,128
$93,533
$19,651
Improvements, &c
Surplus
BALANCE SHEET JUNE
than a year ago.
30, 1899.
Asiets.
Liabilities.
Total
...$5,684,951
$5,684,951
-V. 65, p. 69.
Kansas City Memphis & Birmingham RR.
(Report for the year ending June 30, 1S99.J
The figures for four years past compare as follows:
Freight
Passenger
Mail, express, etc
Total
Operating expenses
1897-98.
1896-97.
$
837,489
1,051,819
291,199
90,277
1,065,800
259,';98
256,('42
i 9 4, 079
73,570
66,866
58,082
1,433.295
1,059,373
1,399.168 1,241,391
1,036,659
926,210
1,1?9,650
965,890
362,509
315.184
223,760
(74-9)
(74-6)
(81-2)
23,791
10,036
15,714
8,907
21,025
THisiellaneous Interest
Rec'd.from K.
C F. S. & F.
Total
Deduct —
Interest
on bonds
)
31,248
Bills receivable..
Traffic auarauty.
Sinking fund
Temp'y
inv'ts.etc
Total
-V.69,
9,058
60,563
18,345
17,224,073
4,346,276
4,595,085
4,137,128
3,991,694
775,245
374,302
8^0,792
666,482
362,516
705,870
294 958
700,276
Maint. of road, etc...
General
742,364
359,625
781,853
562,546
345.767
New equipment
Taxes
191,496
i86',bo6
370,140
10,000
17- ,000
671,675
380.949
673,958
487,569
373.148
17.000
177,700
2,983,651
1,362,625
3,189,337
1,405,748
2,826,571
1,310,557
2,781,699
1,209,695
(68-65)
(69-41)
(68-32)
(69-69)
1,114,232
139.316
20,299
B..
21,035
1,105,040
75,239
46,155
21,570
1,090,869
100,941
48,569
19,844
1,105,924
1,248,004
1,294,882
8ur.*67,743 sur 157,744
1,260,223
8ur.50,334
1,147,139
sur.62,556
Mail, express, &c.
Total
Expenses—
Cond. transport'n,...
Car repairs
Motivepower
Total
P.
197,744
198,085
198,085
176,965
Int.
142,890
195,672
17,196,584
1899.
L'ahilities
S
stock.... 5.976,000
—
(see
1898.
$
5,976,000
In-
vestors' SUP.)10,671.790 10,667,830
Trust accounts
.
60,.563
.
Accrued bond iut
Coupons not pre-
57,145
66.973
.
66,453
Miscellaneous....
Income account..
18.119
99,109
332.039
li(8.128
17,224,073
17,196,t8i
sented
Total
284.360
in substance :
the section from which this road
draws its business the wheat crop of 1898 was good but the
corn crop poor. The result was an increase in the movement of wheat of about 1,700 cars, but a decrease in the
movement of corn of about 7.200 cars. There was also a decrease in the movement of flour and mill stuff, live stock,
hard lumber, ties and cooperage, aggregating about 6,500
The decrease in shipments of flour and mill stuff was
care.
mostly to Arkansas and Texas, where the demand was sup
plied by local mills, the crop of wheat in those States having
been large.
In the fiscal year 1897-98 there was a large movement of
feeding cattle from the South to the West. There was never
such a movement before, there was none during the period
covered by this report, and it is doubtful whether there will
ever be again. This accounts for the loss of 2,160 cars in
Almost continuous rains in Arkansas
live stock business.
made work in the woods difficult and resulted in a decrease
in shipments from that territory of nearly 2,500 cars.
The loss in tonnage mentioned above was more than made
good by increased movement of other commodities, which,
however, were commodities that take low rates, such as
coal, wood, lime and stone, and are hauled shorter distances
than the commodities first mentioned.
Decrease of Miscellaneous Earnings. The decrease of $47,091 in miscellaneous earnings (included below with '"mail,
express, etc.") is explained by the fact that until Jan. 1,
1899, amounts collected for switching at Kansas City were
credited to miscellaneous earnings, but frotn that date have
been credited to freight earnings to conform to the company's general method of crediting freight earnings with
switching charges collected and charging freight earnings
with switching charges paid to other roads.
Physical Condition. As to this the report affords the
following facts
The cost of betterments included in operating expenses for the year
ending June 30, 1899, was $103,437. There were equipped during
the year for the system 332 cars with air brakes and Z,5tJ0 cars with
automatic couplers at a total cost of $34,40-', which was charged to
repairs of oars. During the year there were laid 35-.=>2 miles of 75pound steel. Of the 485 miles of main line, 83 miles now has 75pound steel, 155 miles 67-pound, 84 miles 60-pound. 280 miles 56pound and 9 miles 40-52-pound steel and 17 miles 45 to 56 pound
—
of exp. to earn..
on bonds, etc
Guaranties
Miscellaneous (net)..
Total
Balance
Of
this
amount $55,403 was charged
.567,327
25,500
15,715
improvements
off for
to prop-
erty.
BALANCE SHEET JUNE
16,148
— In
—
c.
Deduct —
Kansas City M. &
Common
Bonds
72,545
1.
The annual report says
Iron.
847,374
2.656,842
487,478
249,510
Kansas City Fort Scott & Memphis RR.
("Report for the year ended June 30, 1899. J
:
712,357
2,950.339
474,432
Net earnings
p. 333.
General Results.
783,496
3,327,378
484,211
340,975
43H,499
9,370
67,145
$
840,630
3,065,4^6
440,210
393,757
1898.
$
15,056.207
1,489,610
81,040
63,703
41.S.800
•
5
GENERAL BALANCE SHEET JULY
1699.
—
403,854
206,110
Surplus.
Assets$
15,056 887
Cost of road
Cost of equipm't. 1,48H,619
89,731
Materials
86,190
Cash
1895-96.
$
918,436
(73-9)
1895-96.
1896-97.
1898-99.
1897-98.
721
721
708
Miles of r'd June 30.
728
Operations
875,598
794,373
761,970
Pass, carried. No...
832,781
Pass, carried 1 mile 36,29 2,087 33,204.934 32,664.994 39.379,703
2-32
2-23
2-18
2-15 cts.
Rate per pas. per m.
ots.
cts.
cts.
2,348,389
2,155,254
Fr'ht (tons) carried.
2,912,704
2,686,271
Fr'ht (tonsjoar.l m. 446,485,794 498.208,077 417,164,664 334,252,765
0-687 ots. 0-668 cts.
0795 cts.
Rate per ton per m.
707 ots.
Fr^-ight
$
373,922
OPERATIONS AND FISCAL RESULTS.
Earnings—
1898-99.
Netearnings
Per cent of exp. to earn's.
show
Passenger
EARNINGS, EXPENSES AND CHARGES.
Earnings—
—
,
$3,000,000
Road and equipment... $5,500,000 Stock (common)
117,911 Bonds
2,500,000
Coupons, ls97-"99
117,911
Casb in bank
3,34 5 Coupon scrip
47,460
Supplies
18,489 Pay-rolls and vouchers.
10,150
1 8,420 Bills payable
Due from RR.'s & oth's
9,430
Income account
26,786 Miscellaneous
Total
—
Equipment Bonds Sold. Additional equipment being required, contracts have been made for '400 box cars and 400
coal cars, at a total cost of $316,000, in payment for which
Fort Scott Equipment Co. 6 per cent bonds have been sold
at par. These bonds have ten years to run from July 1,
1899, one-tenth being retired each year at par, and the privilege reserved to the railroad company to increase that
amount to pay the entire issue at any time.
Prospects. Since the close of the fiscal year there has
been a wonderful revival in all branches of business, and if,
as now seems probable, the improvement continues, the
present year will be one of great prosperity.
Statistics of operations, etc. compiled for the Chronicle
30.
1897.
1896.
30,538,243 30,526,742
209,562
209,562
Materials
26S,585
379,690
Sinking funds
611.840
540,853
241,255
281,775
Cash
122,820
Bills receivable, Ac.
195,584
15>^,840
Temporary invei>t'8..
207,145
297,0jJl
435,473
Bal. open accounts..
30,520,115
209,561
337,827
203,818
57.059
247,688
465,713
30,415.581
209,562
355,559
430,693
127,642
593,000
b 00,00 4
496,448
32,615,233
32,511,613
32,923,489
9,997,000
9,997,000
Preferred stock
2,750,000
2,750,000
Bonds(8ee Inv.Scpp.) 18,141,000 18,122,000
Trustees' accounts...
631,913
563,563
225,645
Interest accrued, &c.
225,286
Bills pay. (incl. equip )
207,561
251,663
K. C. 8. & SI. sus. aoct.
9,997,000
2,750,000
17.704,000
502.124
8,425
234,971
9.997,000
2,750,000
17,704,000
444,474
223,145
3S2,278
338,000
354,730
6,163
748,699
32,511,613
32,928,489
Asssts—
1899.
1898.
$
$
Roadand equip
Stocks owned
Total assets
Liabilities
32,609,815
—
Common stock
Unpaid vouchers
K.C.M.& B.earn. aco.
Income account
406 .79 8
9,058
240,840
Total liabUities.. 32, 609,815
1062.
—V. 69, p.
467,863
9,360
228,498
32,615,233
$
469,''30
225 589
347,734
338,000
403,767
Boston Elevated Railroad.
('Report for the year ending Sept. 30, 1S99.J
The annual report of the Boston Elevated Railroad Co.
for the year ended Sept. 30, 1899, compares as follows with
the results for 1897-8 and these reported by its leased company, the West End Street Ry., for 1896-7:
1898-9
1897-8
1896-7.
191,023.-224 181,321,2*95 172,5.'i4,513
Passengers carried
29,953.591
Carmiles run
34,594,224
32,209,150
$8,719,031
Gross earnings
$9,671,440
$9,179,096
Operating expenses790,320
466.170
General expenses
$835,000
1,152,252
Maintenance, roadways, etc. 1,309,198
1,150,726
602,521
6^4,642
611,998
Maintenance of equipment...
4,080,431
4,000,987
3,983,287
Transportation
Total operating expenses.. $6,827,150
$2,844,290
84.696
Netearnings
Interest on deposits
Total net
DedticlionsInterest on
West End debt.
.
..
Taxes, We.^t End
"
Boston Elevated
Compensation tax
Rental of subway
Dividends on West End stock,
Other rentals
Balance
Dividends Boston Elev
Surplus for year.
$6,566,584
$2,612,512
$6,213,708
$2,505,323
'^8,156
$2,928,986
$2,690,668
$2,505,323
$495,725
500,575
172,795
84,625
204,538
$498,600
435,860
$493,219
372,460
86.019
80,317
10H,i34
1,147,950
9,180
1,193,375
14,695
1,157,130
$326,577
$313,-598
(bH) 262,500 (214) 112,500
$51,098
$214,077
$431,572
December
THE CHKONICLE.
1899.]
2,
BALANCE SHEET BOSTON ELEVATED RY. SEPT.
expen.
68rt,336
buildings..
738,611
1898.
$
86,031
21,699
Cash
3.699,161
Accounts receivable. 83,239
other current assets. 212,010
Deposit with State.. 500,000
Mat. and other prop. 233,626
532,445
107,129
205,44t
30O,< 00
336,799
1899.
Eng.and
ot her
Land and
West End
acet..&c.. 2,935,695
Miscellaneous
1
30, 1899.
1S99.
1898.
*
Ldabilities
$
5.000,000 5,000,000
Commoa stock
192,971
253.232
Vouchers and acct..
—
Salaries and wages..
Div. and coupons ...
114,3zl
98,2:3
44,273
42,235
317,^76
317,975
Rentals unpaid
not due...;. 131,825 131,825
do
681,978
Int. & taxes not due. 879,970
19.970
19,5S0
Tickets, checks, etc.
West End lease acct.1,227,208 1,36:2,023
73,764
West, End spec. acct.
Damage fund, &c.... 770,222 297,496
265,176
214,07
Surplus
,809,19-5
'
20,000
1147
Albany Ry.— Troy City Ry.— United Traction Company
Alhanj.— Consolidation. The consoli(3ation of the Albany Railway, the Watervliet Turnpike & RR., and the Troy
City Railway is now reported pending under title of the
United Traction Company, with a capital of $4,000,000.
Newspaper dispatches say the new stock will be distributed
Albany Railway stockholders, 26,760 shares
as follows
—
of
:
;
Troy, 18,000 sharea
;
Watervliet Turnpike
Total
.9,037,668 8,418,647
9,037,668 8,418,647
American Caramel Company.
('Official
listed the $1,000. COO
common and $500,000 preferred capital
shares. An official statement says:
stock, all in $100
The company was incorporated March 28th, 1898, in the State of
Pennsylvania, for the purpose of manufacturing confectionery. It has
an authorized capital of $1,500,000, consisting of $1,000,000 common
stoofe and $5CO,O0O preferred stock, all of which has been issued. The
preferred stock has paid dividends of 2 per cent each in January,
April, July and October. The common stock paid 5 per cent January
l8t, 1899. The company aosorbed the P. C. Wiest Co. of York, Pa.,
and the Brusch-Hine Co. ot Philadelphia, Pa. The net profits of the
,
company lor 1896 were $16,.'i07 and for 1897 were $40,210.
The net profits of the former company for the last ten years have been
upwards of $40,000 per year, and it is the oldest house in this particular line of business. The gross earnings of the American Caramel Co.
to Dec. 31st, 1898, were $355,409, the expenses, $247,641, and the
net $107,768. The ofiices are at 12 to 40 East Allen St., Philadelphia,
and corner Broad and Walnut Sts York, Pa. The Guardian Trust &
Deposit Co. of Baltimore has been appointed Transfer Agent for the
stock. The otficers are: President, D. F. Lafean; Secretary, George
W. Williams; Treasurer, Walter S. Hine.
BALANCE SHEET AUG. IST, 1899.
latter
,
Assets-
Cash
Good
LiabilitiesStock, common
$1,000,000
Stock, preferred
500,000
Book accounts payable,
1,280
$13,575
will, patents, for-
mulas and franchise.. 1,289,409
Stocks and bon ds
325 Surplus account
Equipment and machinUndivided profits
ery
Furniture and fixtures.
Real Estate
Notes receivable
Book accounts
"Chattels"
Merchandise
;
directors, it is announced, will be as follows
Anthony N. Brady. A. Bleecker Banks, Simon W. Ro8endale,William
J. Walker. James H. Manning. John G. Myers, Albany; Edward
Murphy, Jr.. William Kemp, William Shaw, Francis Mann, C. V. Collins
and James O'Neil of Troy.— V. 69, p. 909, 851.
:
Statement.
The Baltimore Stock Exchange has
Co.,240
On this basis the stockholders of the old companies
shares.
would receive new stock in exchange for each $lf of their
holdings as follows
For Troy stock, $65
for Watervliet,
$10 (one account gives the amount as $9 60); for Albany,
about $152 91.
Robert C. Pruyn is to be President,.
Charles Cleminshaw of Troy Vice-President.
The other
:
Total....
—V. «», p. 1010.
&RR.
17,768
20,182
90,333
3,044
50,320
1,007
43,723
588
46,906
Baltimore & Ohio
—
RR.— Pennsylvania HH.— Reported
Alliance. Much prominence has been given this week to
reports to the effect that Pennsylvania RR. interests had
acquired control of the Baltimore
Ohio RR. No one can
be found to vouch for the statement, and the stock, as is
well known, is held for five years in a voting trust. It may
be, however, that an interest has been acquired in B. & O.
stock which will make itself felt in the harmonious operation of the two lines, which largely traverse the same territory.-V. 69, p. 1061, 955.
&
—
Chicago & Alton RR. New Line. On Dec. 1 the company
will take over the operation of the 63 miles of the St. Louis
&
&
Northern Ry. (St. Louis
Northern Short Line)
lying between Springfield
Peoria. See map, page 27 of
Investors' Supplement for October.— V. 69, p. 1061.
Peoria
&
Chicago & Northwestern Rj.—New Offlcers.— John M.
Whitman, recently General Manager, has been appointed
Fourth Vice-Presi(!ent, in general charge of improvement
and construction of branch lines. Wm. A. Gardner. Assistant
General Superintendent, takes the position of General Manager.
New Road. — The new road built since the end of
year (May 31, 1899,) aggregates 29862 miles,
fiscal
uted as follows
the last
distrib-
:
Chicago & Northwestern Railway (proper)—
Kirkman, Iowa, to Harlan, Iowa
Totals
$1,539,230
See also prospectus, V. 67, p. 317.
Totals
$1,539,230
Mankato, Minn, to New Ulm, Minn
Wabeno, Wis., to end of track (5 "23 miles beyond Laona)
International PacliiDg Company.
^Statement for the year ending Oct.
6"30'
Mmn
Buit, Iowa, to Sanborn.
Wall Lake, Iowa, to Mondamin, Iowa, and Boyer, Iowa, to
Denison, Iowa
Sanborn, Minn., to Vesta, Minn
net profits for the year ending Oct. 25, 1899, of $148,133, as
against a loss last year of $166,695. There remains therefore $16,282 to be earned before further
earnings will
be applicable to interest on the debenture bonds. President
White said: "For the coming year the outlook is certainly
no worse than for the year just closed. There is great competition in the packina; business,! but I believe we shall be able
have completed arrangements for a
to hold our own.
plant at Sioux City and within a short time we shall send
shareholders a statement containing certain details of the
transaction."
We
26'40-
1492
250-42
Total
Paul Minneapolis & Omaha Railway—
Madelia, Minn., to Fairmont. Minn
Bingham Lake, Minn., to Jeffers, Minn
Chicago
86'10
24 00
25, 1899. J
At the annual meeting in Chicago on Nov. 21 a financial
statement was submitted by President A. S. White showing
92*70
St.
29-33
18*87
48-22
Total
Grand total new lines
298-62
Provided complete ownership can be obtained of the proprietary line, the Sioux City & Pacific Ry., through public
sale of the property, the North Western proposes to expend a
large sum in improving the line and in extending the road's
branch from Moville, la., to Sioux City, and to Center ville,
So.
Dak.— V.
69, p. 333.
Chicago Peoria & St. Lonis Ry.— St. Lonis Chicago &
St. Paul (Bluff Line) Ry.— Sales Postponed till Dec. 18.—
The profits compare as follows:
The foreclosure sale ot these properties set for Nov. 27 has
1898-9.
1897-8.
1896-7.
been postponed upon application of the bondholders commitProfits
..$178,422
loss $68,145 profit $150,987 tee until Dec. 18.— V.
69, p. 851.
Biibursements—
None
Interest on debentures
Chicago Union Traction Co.— Chicago Consolidated
(3%) $73,140
(6%) $148,709
Repairs
30,28S
25,409
Traction Co. Reported Purchase. Chicago dispatches say
that the Chicago Union Traction Co. has arranged to purBalance, surplus for year.$148,134 loss $166,694
$2,278
chase Mr. Yerkes's interest in the Chicago Consolidated
Total profit and loss deficit.. $16,282
$164,417
Traction Co. and may perhaps acquire also his holdings in
The working assets are $3,519,536, against $2,751,419 in the Suburban RR.— V.
69, p. 441, 976.
—
1898; current liabilities, $1,454,010, against $1,834,028. The
Choctaw Oklahoma & Gnlf— Choctaw & Memphis. Comcompany has outstanding: Common, $1,000,000; pref., 8 p. c.
stock, $1,500,000; 6s, $2,438,000.
The old board was re- pleted.— A. press dispatch from Little Rock announces the
elected as follows: A. Stamford White, Alexander Geddes,
T. E. Wells, F. R. Burrows, Josiah Stiles, Clarence Buck-
insiham and Levy Mayer.
—V.
68, p. 871.
completion of the line from Memphis, Tenn., to Weatherford, I. T., a distance of 562 miles, including the steel bridge
across the Arkansas River.
Through trains between the
points named are expected to be running shortly. V. 69,
—
p. 851.
GENERAL INVESTMENT NEWS.
Citizens' Traction Co. of Oshkosh, Yi \».— Completed.—
23 the company completed its Oshkosh-Neenah line,
14 miles in length.— V. 69, p. 333.
On Nov.
RAILROADS. INCLUDING STREET ROADS.
Colorado Springs Rapid Transit Ry.— Cripple Creek
Reorganizations, Etc.— Lafesf Data as to Defaults, Reorganization Plans, Payment of Overdve 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.
BAILROADS & MiSCKLL. COMPANIES. Railroads & Miscell. Co.'s— (Con.)
Page.
Volume 69—
Volume 69—
Page.
Atch. Co). & Pac.new see's rtadi.llOZ Southw. Ark. & Ind. Ter. Ry..«a(e
Atch.Jew.Co. & W. .new see's reaAv. 1102
set aside
1063
A tla s Tark
foreclosure sale.] 105 Unit. Verde Cop. Co.reincorp.plan.ll07
954
Chicago & Grand Tfk.. .reorg. plan.
Wabash KR
deb. Interest. llOi
—
do
Co).
do
<;eposit.'<.1061
Lima & Mi\w.. receiver applied
for
Eureka Springs Ry
1103
d«/ault.l081
Harrigburg (Pa.) Car Mfgr
sold. 1066
K. C. Pitts. & GuU.mod. p)an.l012, 1062
Peor.Dec. &Ev..dec.; agreem't. 10Q3, 1103
West. Maryland .proposed
salt. etc. 1064
Street Railwats.
Volume 69—
Kings Co. El
Page.
new
rec's readi/. 1103
Lima-Hon'ye(N.Y.)El.L.&RR.sat«.1103
Norfolk So. (Mats.) St. Ry....rec'r.ll03
District (Electric) Ry.— Colorado Springs & Cripple Creek
District Rj.— Absorbed Change of Name. The Cripple
—
—
Creek District Ry. (see Street Railway Supplement, page
32) has changed its name to the Colorado Springs & Cripple
Creek District Ry. and has absorbed (by consolidation ?) the
Colorado Springs Rapid Transit Ry. The authorized capi-
new company is $2,000,000, of which $800,000 is preferred par value of shares, $100. Construction of
the 29 miles of (steam ?) road connecting the systems, it is
stated, is being pushed as rapidly as possible.
V. 65, p. 69.
Denver & Southwestern Ry. Temporary Injunction. At
Denver, Col., Nov. 29, Attorney -General Campbell, by
direction of Gov. Thomas, began proceedings to prevent the
consummation of the proposed consolidation on the ground
that it would result in a trust, unconstitutional under the
laws of Colorado. Judge E. C. Stimson, of the Fourth Ju-
tal stock of the
;
—
—
.
THE CHRONICLE.
1148
[Vol.
LXIX.
St. Louis Peoria & Northern Ry.— St. Louis & Northern
Short Line.— -Road Apportioned. It is officially announced
that on Dec, 1 the line between Springfield and G-len Carbon,
85 miles, with trackage to St. Louis, 17 miles, over the ChiGreenwich & SchuylerTille (N. Y.) Electric Ry. New cago Peoria & St. Louis and Merchants'
Bridge, will be
Stock.— The company has been authorized by the State Rail- transferred to the
Illinois Central RR., and the line between
road Commission to increase its capital from $200,000 to
Springfield and Peoria, 63 miles, will pass to the Chicago &
f 500,000. A mortgage for |350,000, it is stated, has already Alton RR. This was the expected final disposition of the
been made.
property, as stated under Chicago & Alton in V. 69, p. 26.
New Access to St. Louis.— On Dec. Y, 68, p, 1022, 573.
Illinois Central RR.
1 possession will be taken of the portion of the St. Louis
Seaboard Air Line Railway.— Seaboard & Roanoke RR.
Peoria & Northern Ry. (St. Louis & Northern Short Line),
Progfress.— Regarding the lines of the proposed Seaboard
extending from Springfield to (Jlen Carbon, 85 miles, and Air Line Railway, President Williams says:
the trackage rights thence over the Chicago Peoria & St.
The roads to connect tlie several divisions of the system are rapidly
Louis Ry. and the Merchants' Bridge, a distance of 17 miles approaching completion, although delayed here and there somewhat
into St. Louis. This new connection will aflford the direct on account of the scarcity of steel. The grading of the Richmond
line desired from Chicago to St. Louis, as shown on page 68 Petersburg & Carolina, from Petersburg, Va., to Ridgeway, on the
main line of the Seaboard, 77 miles, has been completed, and we exof the Investors' Supplement. V. 69, p. 1011.
pect that within the next week or ten days the track will be laid for
the entire distance, with the exception of the bridge across one of the
Eeokuk (la.) Electric Ry. & Power Vo.— Incorporated.
smaller rivers, which is now approaching completion. The line from
This company has been incorporated with authorized capital Petersburg, Va., to Richmond, 25 miles, is to be finished by the first of
stock of $500,000, to operate street railway, telephone, elec- January. To prevent delay some 2,000 feet of temporary wooden
viaduct will be built at Richmond, but this will be replaced as soon as
tric-light, power, gas and steam-heating plants.
J. C, Hub- the steel can be delivered, by a steel structure, ordered many months
dicial District, accordingly granted a temporary in j anotion
restraining further measures to carry out the plan. V. 69,
p. 11C3.
—
—
—
—
inger
is
—
the incorporator.
ago.
This viaduct
is
necessary to give the Seaboard
connection
its
its northern outlet, the Richmond Fredericksburg & Potomac
Kickapoo Valley & Northern Ry.— Wisconsin & Western with
RR., north of the city.
RK. Sale Successor Company. — The Kickapoo Valley &
The shops of the systems are all busily engaged in the construction
Northern Ry,, which was recently sold at Madison by Spec- of new freight cars to meet the great demand for rolling stock. The
new passenger equipment ordered from the Harlan & HoUingsworth
ial Master McCue, is to be sold in the county in which the
Co. of Wilmington will be delivered within the next few weeks, and
road operates (Crawford County) to-day. The successor the four trains which will be furnished by the Pullman Company are
to
be ready in January In time for the Florida travel Contracts are
company has been incorporated as the Wisconsin & Western
to be given out for fifty new locomotives, which are necessary
RR., with authorized capital stock of §600,000. The incor- soon
for the company's increasing traffic.
porators, most of whom were interested in the old company,
The railroad business throughout the entire South is in excellent
are Horace A. J. Upham, William E Black, William S. condition, while the commercial situation throughout the Soath
—
Fish, Charles S. McClure, Charles W. Norris, Edward J.
Paul and Henry J. Droppers, all of Milwaukee. The road
extends from Wauzeka, Crawford County, to La Farge, Vernon County, Wis., a distance of 51*7 miles. V. 69, p. 743.
—
Atlantic States
is
satisfactory to a high degree.— V.
—
Oi),
p. 1013, 907.
Meeting Adjourned to Dec. 9. The meeting of the stockholders of the Raleigh & Gaston, which was to have been
held on Nov. 23, to consolidate the roads of the Seaboard
Air Line system, was postponed until Saturday, Dec. 9.
Kings County Elevated RR.— Brooklyn Rapid Transit
V. 69, p. 1013, 9(.7.
Co. Transferred. The property of the Kings County EleThird Avenue RR. of New York Gitj.— Electric Cars on
vated RR. was formally transferred on Nov. 25 to the Brooklyn Rapid Transit Co., by which it was purchased last Main Line. —The electric cars were put in operation early
last week on the main line as far south as Chambers Street,
spring.— V. 69, p. 1103, 491.
Louisville & Nashville RR. Bonds Call?d.—In our ad- and late in the week they began running to the Post Office.
vertising columns last week were given the numbers of V. 69, p. 1059, 1063.
forty-five ($45,000) first mortgage 6 per cent bonds of the
United Railways & Electric Company of Baltimore.
Pensacola & Atlantic RR. which have been drawn for the Earnings. The company reports for the eight months endsinking fund. The interest on the same will cease Feb. 1, ing October 31, 1899, as follows:
1900, and the bonds will be redeemed at the company's office, Gross earnings
$2,967,517
2,562,823
120 Broadway, on and after that date, plus 10 per cent pre- Operating expenses, taxes, etc., and fixed charges
—
—
—
mium.—V,
69, p. 906,
Manhattan Ry.
— After
the meeting of the
executive committee on Wednesday President Gould gave
out a statement saving that a contract has been awarded to
the Westinghouse Electric Co, for the heavy generating machinery for the new power-house of the railway and apparatus for sub-stations, which, with the contracts already
given for engines, boilers, etc., practically completes the
material required for the stationary installation. The first
of the large dynamos is due for delivery in ten months from
date, so that it is expected that electric trains will be running on a portion of the system within the coming year. The
apparatus just ordered includes eight 3-phase alternating
current generators, each of 6,500 horse power capacity;
these, it is stated, will be the largest ever designed or constructed. The contract is supposed to call tor a total outlay
by the Manhattan of over $1,500,000.— V. 69, p. 1103,
Massachusetts Electric Companies— Quincy & Boston
Street Ry. New Securities.— The stockholders of the Quincy
Boston on Saturday last voted to petition the Massachusetts Railroad Commissioners for authority to issue §317,000
stock, of which $230,000 to fund floating debt and $87,000 for
double-tracking and relaying of rails. This will raise the
capital stock of the company to $900,000. The proposition to
issue bonds and to make a mortgage securing the same was
not acted upon.—V. 69. p. 955; V. 68, p. 929.
Contract.
&
Missouri Kansas & Texas Ry.— Kansas City k Pacific
Ry. Injunction Suit Against Consolidation Dismissed,
At Fort Scott, Kan., on Nov. 24, Judge Williams, of Ar
kansas, in the Federal Court, sustained a motion to dismiss
the suit of Mary P. Steven and others, stockholders in the
Kansas City & Pacific, by which they sought to enjoin the
Missouri Kansas & Texas Ry., which controls the Kansas
City & Pacific, from absorbing that road by consolidation.
Increase of Stock. In view of the favorable decision mentioned above, the Missouri Kansas & Texas Railway Co. has
0ven notice to the New "York Stock Exchange of a proposed
increase of $2,500,000 in its capital stock, for the purpose of
absorbing by consolidation the Kansas City & Pacific Ry.
—V. 69, p. 906; V. 66, p. 709.
Norfolk (Mass.) Southern Street Ry.— Receiver's Certifi.
cates. Receiver Saltonstall has filed a petition in the United
States Circuit Court asking for permission to issue $25,000 re-
—
—
—
ceiver's certificates.— V. 69, p. 1103.
Oswego Traction
Co.
Neio Bonds.
—The
State Railroad
Commission has authorized the company to issue a first
mortgage for $100,000 and a second mortgage for $200,000.—
V.
68, p. 1133.
—
(Quebec Central Railway. Listed in Lmdon. The London Stock Exchange has admitted to quotation the company's
issue of 4 per cent first debenture stock.— V. 69, p. 28.
Interest on
Income bonds and dividends on preferred stock
Surplus earnings of the United Electric Light
Company
for Six
$104,694
373,333
$31,361
& Power
months
29,397
Surplus
Payment of Bonds.
$60,758
—The
holders of collateral trust bonds
of the Baltimore Traction Co., aggregating $750,000, issued
Jan. 1st, 1895, and maturing on Jan. 1st, 1900, are notified
that the principal of the same will be paid at the office of
Alexander Brown
Sans on and after Jan. 1, 1900. V. 69,
—
&
p. 1104,
West Virginia Central & Pittsburg Railway.— Davis
& Coke Co. Pending Consolidation. — Official State-
Coal
ment.
— Touching the
pending consolidation, before referred
M. Hendley, Secretary of the railway company, favors
us with the following: " The matter has not gone beyond
an informal agreement to the plan by a large proportion of
the stock of both companies. The time of the formal meetings of the stockholders to act officially upon the question
to, C.
has not been determined. It will probably not be necessary
to issue bonds, as the charter of the railway company provides for a considerable larger amount of stock than now
issued, and this additional stock will be used to acquire the
property of the coal company.
no likelihood of any change of name. The rail
will practically absorb the coal company, al
though the organization of th*^ latter will be maintained to
"There
is
way company
aflford
V.
a
medium
for the sale of the products of the mines."
69, p. 490, 493.
Central Ry.— Chicago Terminal Transfer RR.
— Wisconsin
Terminal Contract Expired. — The Wisconsin Central's
contract for Chicago terminals with the Chicago Terminal
Transfer RR. expired Dsc. 1. Oq the part of the former
company it is authoritatively stated that an arrangement
has been made for the use of terminals in Chicago which it
is expected will be advantageous for both lessee and lessor.
The contract will be for 99 years.— V. 69, p. 1010.
INDUSTRIAL. GAS AND MISCELLANEOUS.
New
Industrial Companies.— Jndea;.— The leading items
heretofore published regarding new industrial corhpanies,
mostly organized or floated since the October issue of the Investors' SuPPijEMENT, are indicated by the following index
For list of some smaller companies see Chronicle of Nov.
:
18, 1899.
Page.
li'ttl
AiiKlo-Amer. Rapid Vcblclc Co
056
Atlantic Iron & Steel
Contiuen.Ziiic ALead Mm.&Sraelt,"064
1105
Fort Pitt (Natural) Gas
1106
Manhattan I^iKht .& Heat
0«H
Philadelphia Electric
Page.
Pure Milk
1016, 1066
SliHinokin (l'a.)IjiRht.Heat& Pow.llC6
SlnvleTube Autom. ABley. Tire.. 1106
Strobra Autom. Electric Safety
Block System
Teleph. TelcKr.
1066
&
Cable
.
..1016. 1066
December
2,
THE CHRONICLE.
1899.]
Akron (Ohio) Water Works Co.— Bonds Offered. H. M.
Payson & Co., Portland, Maine, are offering for sale the
company's $400,000 5 per cent 20 year bonds, issued in 1899,
maturing in 1919, without option of earlieY redemption, a
loan made to refund a like amount of 6 per cent bonds issued
in 1880, and sold by the same firm.
An advertisement gays
The source of supply is from Summit Lake and wells on lands
,
:
lying between the lake and the company's vtumping station. The
Is pumped to an elevated reservoir, whence it falls by gravity
to the city, in addition to which the company can supply water by
direct pressure. The distribution system comprises about 55 miles of
Iron and steel pipes. The financial statement shows a handsome surplus of net earnings after payment of all operating expenses, taxes
and interest charges on all the bonds. The mortgage provides for an
annual sinking fund for the purpose of purchasing and retiring the
bonds of this issue at their market price, up to 105 and accrued interest. President, James S. Sherman; First Vice-President, William
Gary Sanger; Second Vice-President, Charles A. Butler; Secretary,
J. Francis Dav.— V. 69. p. 907.
water
American Beet Sugar
Co. New Factory.— The company
has acquired a large tract of irrigated land in Colorado and
will build there a sugar factory of 750 tons daily capacity.
The new property, costing nearly $1,000,000. will "be paid for
in pa,rt out of accumulated earnings and the balance from
earnings during the next three years. No new capitalization
on this account will be created.— V. 69, p. 1130.
1149
Pennsylvania Telephone Co.— Southeastern Pennsylvania, including
Allentown, Easton, Harrisburg, Lancaster, Reading, Pottsville,
York, etc.; also Flemington, Hacketistown, etc., in New Jersey.
Providence Telephone Co. -Rhode Island and Attleboro and North
Attleboro, Mass.
Rocky Mountain Bell Telephone Co.— Utah, Idaho, Montana, Wyoming,
Southern Bell Telephone & Telegraph —Alabama, Florida, Georeia,
North Carolina, South Carolina, Virginia and part of West Virginia,
Southern New England Telephone,— Connecticut, except Greenwich.
Troy Telephone & Telegraph,—Troy, Cohoes, Lansinburgh, West "Troy
and Waterford.
The bonds
of these companies are described in the ChronThree editorial articles regarding the
Bell will be found in V. 69, p. 674, 826, 1034.—V.
icle of Oct.
American
28, p. 907.
69, p. 1066.
—
Co. Stock Sold. The enof 10,000 shares of preferred stock offered for
public subscription have been subscribed. V. 69. p. 1013.
American Pnenmatic Service
tire issue
—
American Spring & Axle
Co.
Consolidation.
—Under this
proposed to unite practically all the vehicle spring
and axle plants in the United States. The project has assumed definite shape
it is reported the underwriting is
assured, and that the parties in interest are only awaiting
favorable market conditions before launching the company.
The capitalization is said to be on exceptionally conservative
American Bell Telephone. Securities and Territory of lines, while the present earnings of the constituent properties
Licensee Companies.— In our editorial columns Oct. 21 was are reported to show profits sufficient to pay not only the inthe second article of a series regarding the American Bell terest on the bonds but a handsome dividend on the stock,
Telephone Co. and its licensees. This article shows the capi- besides establishing a sinking fund to take care of the bonds.
tal stock and total bonded indebtedness of each of the
The new company will issue $6,000,000 in capital stock, all,
licensee properties, their rate of dividend, and when ascer- probably, of one class, and |6, 500,000 in bonds. Attorney
tained the amount of capital stock owned by the parent A. Leo Weil, of Pittsburg, and B. I. Qreenebaum, of Chicago,
company. Below we give in a general way the territory are the promoters.
covered by each of the licensee companies
American Thread Co.—Speeial Settling Day. The London
TERRITOKY COVEKED BY LICENSEE COMPANIES.
Stock Exchange has appointed a special settling day for the
Am eri can Telephone & Telegraph Co.— Long Distance Co.; eventually to §4,889,225 five per cent cumulative preferred gold or sterling
cover entire country, at present operating as far west as Omaha. stock (shares of |5 each).— V. 69, p. 494.
Bell Telephone of Buttalo.— Western New York, including Buffalo,
Artesian Water Co. of Memphis, Tenn. Bonds Offered.—
Rochester. Niagara Falls, Lockport, Albion, Batavia, Dansvllie,
Geneseo, Warsaw, etc.
Description of Property.— The same house that is offering the
Bell Telephone Co. of Canada.— Canada, all leading places from Que- Akron Water Works Company's bonds, as above menbec, etc.. to Rockv Mountains.
Bell Telephone of Missouri.- St. Louis. St. Charles. Lincoln, Franklin tioned, offers $250,000 of this company's $500,000 extension
and Jefferson counties. Mo Belleville, East St. Louis, Waterloo, 5 per cent bonds, dated July, 1899, due July, 1909; principal
and neighboring towns in Illinois.
and interest payable in gold at the office of the Farmers'
BeU Telephone of Philadelphia- City of Philadelphia.
Loan & Trust Co., trustee, New York City. The property
Central Dist & P. T. Co. of Pittsburg.— Western Pennsylvania (including Allegheny, Beaver. Butler, etc., counties), elso sdjacent and its securities are described in an advertisement as follows;
title it is
;
—
:
;
places in Ohio (including Cadiz. Lisbon. Steuben ville, etc.) and
in West Virginia— Wheeling. Grafton, Parkersburg, etc.
Central New York Telephone & Telegraph Co.— Eleven counties in
Central New York. Leading places: Utloa. Syracuse, Rome,
Watertowr, Ogdensbur?, Norwich, Oneonta Potsdam,
etc.
Central Pennsylvania Telephone & Supply.— WiUiamsport, AVilkesbarre, Scranton, Hazleton, Lock Haven, Altoona.etc, in Central
Pennsylvania.
Central Union Telephone Co.— Ohio, Indiana and Illinois, with the
exception of a few counties in each State, mainly such as include
large cities like Chicago, Cincinnati, Cleveland, EvansvlUe. etc.
Chesapeake & Potomac Telephone— District of Columbia (including
Washington) and Maryland, including Baltimore, Annapolis,
etc; also Martinsburg, W. Va.
Colorado Telephone Co.— Colorado, including Denver, Pueblo, Colorado Springs, Cripple Creek, etc.
Cumberland Telephone <fe Telegraph.—Evansville, Mt. Vernon, etc.,
Indiana; Western Kentucky (including Owensboro); Western
Tennessee (including Memphis andiNashville); Mississippi (all);
Louisiana
(all).
Ohio Telephone Co.- Louisville and Shelbyvllle, Ky.; Jeffersonville
and New Albany, Ind.
Chicago Telephone Co.-Chlcago, IlL, and adjacent places, IncludinR
Evanston, Geneva. Aurora, Batavla,Elgin, Joliet,Waukegan,etc.
City & Suburban Telephone Association- Cincinnati, Ohio; Covington, Ky.; Hamilton and Lawrenceburg, lud.
Delaware & Atlantic Telegraph & Telephone.— Delaware, Southern
New Jersey (including Trenton, Camden, Atlantic City, etc.),
and Eastern Pennsylvania, including Bristol, Chester, Norristown, etc.
Duluth Telephone Co.— Duluth, Minn West Superior, Wis.
East Tennessee Telephone Co.— Eastern portion of Tennessee and
southern portion of Kentucky operates in 51 counties; embraces cities of Bri^itol. Knoxville. Chattanooga, etc.. Tennessee,
and Lexington, Frankfort, Paducah and Bowling Green, Ky.
Issued, under approval of the ci"y of Memphis, to pay indebtedness
incurred for extensions, improvements and betterments to the waterworks. The company is operating under a charter granted by the
State of Tennessee which we are legally advised gives a perpetual
right to occupy the streets and supply water in the city of Memphis,
and also under a franchise-contract with the city fixing the water
rates on a basis that shall yield the company an income sutficient to
pay aU operating expenses, all taxes, interest on all Its bonds (viz.,
$750,000 first mortgage fives; $250,000 second mortgage fives), and
also 6 per cent dividends on $1,000,000 capital stock.
The city o' Memphis has an option until Sept, Ist, 1903, to purchase
the water- works and properties of the company on a basis equivalent
to par for its $1,000,000 capital stock over and above the bonds outstanding. The bonds we now offer are part of an authorized extension
issue of $500,000, of which $250,000 are held to provide for futtire
extensions, improvements and betterments to the property, subject to
the approval of the city.
—
(N. Y.) Light, Heat & Power Co. Mortgage,
filed a mortgage securing an issue of
^350,000 5 per cent first mortgage gold bonds of $1,000 each.
Bird's Eye Jellico Coal Co.— Foreclosure. Judge Evans
in the Federal Court at Louisville on Nov. 18 granted the
Columbia Trust Co. of Louisville, as mortgage trustee, a
decree of foreclosure against the Bird's Eye Jellico Coal Co.
of Whitley County, Ky. On the first bond issue a judgment
was granted for the sum of $265,502 50 and $21,044 interest,
and on the second bond issue, $90,486.
Anbnrn
The company has
—
;
;
Erie Teleeraph & Telephone Company's system, viz.:
Cleveland Telephone Co.— City of Cleveland and Cuyahoga Co., Ohio.
Southwestern Telegraph & Telephone.— Texas and Arkansas.
Northwestern Telephone ExcHange.— Minnesota (except Duluth),
North Dakota and South Dakota (except Black Hills district).
Michigan Telephone Co, -All of Michigan (including Detroit).
Wisconsin Telephone Co.— All of Wisconsin.
Empire State Telephone & Telegraph,— Counties of New York State,
including Auburn, Canandaigua, Geneva, Oswego, Waterloo, etc.
Hudson River Telephone Co.— Albany, also p'.aces north to Saratoga
Springs and Glen's Falls; also along Hudson River, south to
Poughkeepsie and Newburg, and in Schenectady, Amsterdam,
etc.
Iowa Teiepnone Co,— Iowa, including Des Moines, Fort Dodge, Cedar
Mo.
Rapids, etc.
relephone Co.— Kansas, incluaing Topeka, Leavenworth,
etc Missouri (except eastern portion), including Kansas City,
& Kan.
;
Jefferson City, etc.; also in
Oklahoma Territory.
Telephone & Telegraph Co.— Maine, New Hampshire,
Vermont and Massachusetts.
Nebraska Telephone Co.— All of Nebraska; Black Hills District, South
Dakota; Avoca, Walnut and Minden, la.
New York Telephoce Co.— Manhattan and the Bronx.
New York & New Jersey Telephone.— Long Island and Staten Island;
also New Jersey, within 33 miles of New York City Hall.
New York & Pennsylvania Telephone & Telegraph.— Northern
tier
of counties m Pennsylvania; southern tier in New York. Em-
New England
braces Bath, Binghamton. Elmlra, Ithaca, Jamestown, Owego,
Wellsville, etc in New York; Erie, Bradford, Montrose, Towanda, etc., in Pennsylvania.
Pacific Telephone & Telegraph Co.— San Franoleco.
Sunset Telephone & Telegraph Co,— California (ontside of San Franolsoo), Arizona, Nevada and Washington; also part of Oregon.
Oregon Telephone & Telegraph.— Remainder of Oregon (including
Portland, etc.).
Inland Telephone & Telegraph.— State of Washington.
,
Cambria Steel Co.— Cambria Iron Co.— Q^er to Purchase
BondLs.—The Cambria Steel Co. offers to purchase the bonds
and scrip of the Cambria Iron Co. (which are redeemable
at the company's option on July 1, 1902,) from Jan. 2 to Feb.
1, 1900, at 106M-- V. 69, p. 745; V. 67, p. 1054.
Carter Steel & Iron Co.— Consolidation. This company
has been organized at Knoxville, Tenn., with a capital stock
of $600,000 and the privilege of increasing it to §5,000,000.
The new company, it is staled, has absorbed the Blue
Springs Mining Co., the Helen Maud Iron Co. and the
Stoney Creek Iron Co., and has obtained valuable iron mines
in Carter County, Tenn.
Chicago Edison Co.— Commonwealth Electric Co.— Purchase Abandoned.— Qhic&go advices say that the proposed
purchase of one or both of these properties by Eastern capitalists has been abandoned, owing to local opposition and
danger of litigation. The Illinois Trust & Savings Bank has
been instructed to receive no more stock of the Edison Company for deposit, and it is stated will return the shares here-
—
tofore received,— V. 69, p. 796.
Citizens' Gas Co. of Bridgeport, Conn.— De/awZf.—The
coupons due Nov. 1 on the $720,000 first mortgage bonds remain unpaid, the earnings from fuel gaa, which alone the
is authorized to make and sell, not sufficing, it is
claimed, to meet the interest charge.— See V. 68, p. 822.
cirComstock Tnnnel Co. Development of Property.
cular to the stockholders invites their co-operation in an
effort to raise funds through a subscription to income bonds.
It is proposed to use the proceeds from the sale of bonds for
such development of the property as will produce revenue
beyond the royalties now received. This new departure in
company
—A
THE CHRONICLE.
1150
management of that corporation seems to have been
made imperative by a sdriously declining income from the
miners for some years past. The company receives a royalty
the
upon the net bullion yield of the various Cornstock mines drained by its tunnel. The bonds offered are a
part of the original issue of $3,000,000 of income 4 per cent
gold bonds created in 1889, of which $3,139,000 were issued
and $231,000 subsequently retired, leaving $1,908,000 now
outstanding. Interest to the amount of 13>^ per cent was
paid on these incomes Nov. 1, 1892; none since.—V. 61, p.
of 4 per cent
T47, 753.
Consolidated Paper Mannfactaring Co.— Incorporation.
J., on Nov.
24, to manufacture paper, paper materials and paper substitutes. Authorized capital stock, $2,000,000.
— This company was incorporated at Trenton, N.
—
Crimora Manganese Co. Incorporation. Articles of in
corporation have been filed in New Jersey. Authorized capital stock $2,400,000, of which $800,000 is preferred 7 per cent
cumulative.
The company proposes to mine Manganese,
incorporators: W. N. Phoenix of Mendham, N. J.; H. D.
Loder, Wyoming, N. J.; and George C. R. Degan, New Durham, N.
J.
Dallas Manufacturing Co. of HnntSTille, Ala. New
Stock,— It is proposed to increase the capital stock from
$614,000 to $1,228,000, to cover the expense of a new building and to increase the plant 25,000 spindles. S M. Milliken
of New York is President. The business was established in
1891 and has paid, it is stated, 5 per cent regularly on the
stock, and Dec. 1 next will commence paying 7 per cent per
annum.
Equitable Heat, Light & Power Co. of Davenport, Iowa.
—Incorporated.
— This company has been incorporated with
$200,000 capital stock.
President: A. J. Robertson.
—
Fraser & Chalmers, Limited. Annual Statement. According to the "Money Market Review" Julius C. Wernher,
who presided at the annual meeting in London on Nov. 13,
said in substance:
The period under review lias been a very prosperoua one to the company. After paying interest on the debentures and preference shares,
making ample allowance for depreciation, and appropriating £5,000
towards the cost of conversion of debentures, the nrotit amounts to
about £56,000 Out of this sum a dividend of 5 per cent was paid in
May last and the board had hoped to declare a further substantial
dividend that day; but owing to the unfortunate state of affairs in
South Africa, where the company had large commitments, It is considered unwise to do so until circumstances become more normal.
The business generally is in as sound a position as could be desired.
South Africa is the company's most important, but by no means its
only, customer.
The business is spreading in all directions where
mining centres exist. The works at Erith have been kept very busy
and those at Chicago have yielded a considerable profit. There is a
good prospect of a dividend being received from the Chicago works
during the current year, as they are full of important orders. While
the liabilities are larger by £71.000, the assets show an increase of
£111,000. The profit of the year had gone into the development of
the business, hut so soon as the money became liquid the board would
be pleased to let the shareholders have some of it.— V. 67, p. 222.
—
Oeneral Carriage Co. PZans.— This company under its
charter claims to possess the right in perpetuity to operate
hacks, coaches or other vehicles drawn by horses or pro
pelled by any motive power it deems fit to adopt in any
public street in New York and other cities of this State,
without the authorization of the municipal authorities. The
Tights of the company in Brooklyn have been sold to a syndicate of Brooklyn railroad men represented by J. C. Church.
Frederick B, Esler, a director of the General Carriage Co.,
is quoted as follows:
The cheap cab and carriage service will be put Into operation without delay. We have an option on the property of a very large cab
company, and in all probability the deal will be consummated within
th« next few days, and we shall thus have a general livery stable
business to start with. Cabs will be on hire for 25 cents a mile, or 75
cents an hour, without extra charge for more than one passenger.
Next, a complete system of automobile stages will be put in operation on every thoroughfare where there is business enough to warrant
it.
For instance, the stages will be a boon to people who want to go
to the Wall Street district from the North and East River ferries, and
vice versa.
At nrepent our cabs will be drawn by horses, because we have not
been able to find a light automobile venicle that can be run economically with one man on the box. We shall also operate an automobile
express service in every part of the city, and to this end we have secured an option on two local express companies.— V. 69, p. 926.
The company also talks of operating in Buffalo, where
said to have an option on a cab company.— V. 68, p. 976.
it is
Harper & Brothers.—The State Trust Co. of New York,
as mortgage trustee, has taken possession of the business of
the publishing house of Harper
Bros, of this city. The
largfst creditor is the firm of .T. P. Mogan & Co., who are
said to hold a mortgage of $3,500,000, in addition to which
there are unsecured claims amounting to approximately
&
$2,000,000.
Herring-Hall-Marvin (Safe) Co.— Application Denied.—
J., on Nov. 24. Judge Klrbpatrick denied the
At Newark, N.
application of the receivers for permission to sell the property to the reorganization committee as proposed (see V. 69,
p. 697. 745), and directed that the plant be sold at auction
after five weeks' advertising.- V. 69, p. 909.
[Vol.
LXIX.
JohnFrltz,of Bethlehem, Pa.; Albert C. Humphreys, W. J. Taylor,
W. Young, Henry D.
Hibbard, Capt. Samuel Rodman and Sumner N. Eiy.
R. E. Jennings, Sidney Dillon Ripley, George
The factory will be at
235 Broadway.
High Bridge, N.
J.,
and the
office at
Land & River (Improvement) Co. of West Superior.—
Sale of Lands. It is stated that during the past summer so
many bond holders have availed themselves of the option to
turn in their bonds in payment for unimproved property
that the company's obligations have been materially reduced. The company was organized
1898 as successor of
the Land
River Improvement Co., and was authorized to
issue: Common stock, $500,000; preferred stock, $1,000,000;
prior lien 5 per cents, due in 1926, $800,000 general lien
—
m
&
;
bonds (income as to interest accruing prior to July 1, 1901,
but unpaid interest to be paid in scrip), $1,200,000. The
amounts now outstanding are: Common stock, $30,340;
preferred stock, $64>,640; prior
lien bonds,
$585,900;
general lien bonds, $1,414,178. Nearly all of the underlying
first mortgage bonds of the old company have been retired.
The office of the company is at 30 Broad St.—V. 68, p. 1045.
Maine Water Co.— Purchased.— Control of this property, a
consolidation in 1891, has been acquired by a syndicate which
has elected Samuel C. Manley President and General Manager, Augusta Me., and Arthur S. Bodsworth, Treasurer, 493
Commercial St., Portland, Me. "Engineering News" says:
The company was a consolidation of the Gardiner Water Co., works
built in 1885; the Bath Supply Co., works built In 1886; the Pejepscott Water Co., the Dover & Foxoroft Water Co., the Calais Water Co.,
and of the St. Croix Electric Light & Water Co. It supplies water to
the following cities and towns: Bath, Benton, Brunswick, Calais,
Dover, Fairfield, Farmingdale, Foxcroft. CJardiner, Milltown, N. B.;
St. Stephens, N. B.; Randolph. Waterville, Winslow, Woolwich— combined population 70,000; 10,000 customers; 120 miles of pipes.
Manufacturers' Light & Heat Co.— Manufacturers' Natural Gas Co.— Consolidation. The Manufacturers' Light &
Heat Co. was to apply for a charter in Pennsylvania this
week preparatory to merging the Manufacturers' Natural
Gas Co., the Bellevue & Glenfield Natural Gas Co., operating in Pittsburg and vicinity, and the Peoples Light & Heat
Co. of Washington. H. B. Beatty is President of the first
two companies. V. 69, p. 1065.
Massachusetis Telephone & Telegraph Co.— Boston &
New York Telephone Co. Progress of Enterprise Authoritative Statement. We have obtained the following
from one interested in the enterprise
The Massachusetts Telephone & Telegraph Co. is organized under
—
—
—
—
:
the laws of Massachusetts with capital stock of only $10,000, In full
paid shares of $100 each, for the purpose of acquiring franchises in
the State of Massachusetts in accordance with the statute forbidding
any foreign corporation to gain a foothold in the State for the purpose of oiiening streets. The company Is controlled by the same interests as the Boston & New York Telephone and Telegraph Co., which
is to construct, maintain and operate the plants acquired under these
franchises. The latter company is a corporation under the laws of Delaware.with $5,000,000 authorized capital stock, of which about $1,100,
000 is fully paid. The managers have secured about 5,000 subscribers in the city of Boston; they have laid some canduits in the streets
of Boston, and have purchased and constructed about 150 miles of
long distance telephone poles and wires.
An i.'^sue of 45,000,000 of bonds has been authorized and spoken
for. The funds are now guaranteed with which to prosecute immediately the completion of the plant in the city of Boston and in such
other cities as shall grant the rights during the coming winter. With
the opening of the spring it is expected to lay over a million feet of
duct in the city of Boston, and a proportionate amount in the other
cities that are contiguous. The ordinances of the city of Boston prohibit opening the streets after December 1st, until March loth. The
managers hope to be talking with the city of New York before the
winter has gone.
Thus far the managers, it is understood, have been unable
to get the right to enter Connecticut, the Legislature of that
State having passed a bill last spring which requires that
new telephone companies shall "be admitted to the State only
upon certain stringent conditions and with the consent of
the SuperiorlCourt, upon proof given that the public convenience or necessity requires the additional service. Like the
Massachusetts company, it is stated that the New England
Telegraph Co. is a Massachusetts corporation
Telephone
for a small amount ($25,000), while a New Y"ork company of
the same name is the real operating concern. V. 69, p. 1066.
&
—
National Cycle & Automobile Co.— American Bicycle
Co.— Canadian Branch. The National Cycle & Automobile Co. has been organized in Canada with $2,500,000 of
authorized capital stock to unite the Canadian properties of
—
the American Bicycle Co., viz.: The Stearns Co., the " E.
and D.," the Christy Saddle Co. and the Wheeler Saddle Co.
Directors are
A. G. Scalding, New York Col. A. A. Pope, Boston; A. L. Garford,
New York; E. C. Stearns, Syracuse; T. P. Coffee, Toronto, and A. R.
Creelman and F. S. Evans, Toronto.— V. 69, p. 1015.
Newark Telephone Co.— Hudson Telephone Co. of Jersey City.— New York & New Jersey Telephone Co.— Control.
—It is now thought possible that the recent large purchases
of stock in the Newark and Hudson teleptione companies were
made in the interest of the New York & New Jersey ( Bell)
Telephone Co., and not in the interest of the opposition parV. 63, p. 838; V. 69, p. 27; V.
ties, as was assumed by some.
:
;
—
68, p. 425.
New England Gfas & Coke Co —In Operation.— The comHibbard-Rodman-Ely Safe Co.— New Enterprise.— This pany now has 200 ovens in commission and will have 250
company, which proposes to make a superior safe by the use by the end of this week, when it will be producing 1,000 tons
The company begaa the snipment of
of manganese steel, was organized this week. The author- of coke per day.
ized capital stock is $600,000 preferred and $400,000 common. coke June 12 at $2 60 per ton. By reason of the scarcity of
Alexander C. Humphreys is President, W. J. Taylor, First fuel of all kinds the company is now receiving as high as
Vice President; Henry D. Hibbard, Second Vice President, $4 per ton. Manufacturing concerns which have been using
and Walter Gaston, Secretary-Treasurer. The directors are: the coke speak very highly of it and many who have been
December
THE CHRONICLE.
3, 1899.J
using
it temporarily as a substitute for coal express their desire to continue its use provided they can get a regular supply.
The gas connections have now all been made and it is
simply a question of filling the 5,000,000 feet holder and
turning on the gas— a matter of a comparatively few days.
"Boston News Bureau."— V. 69, p. 336.
1151
Sloss-Sheffleld
Central Trust
Iron
Company
&
Steel
of
Co.— New
New York
engraved certificates of preferred
Securities.— The
now delivering the
and common stock upon
is
presentation of the interim certificates.— V. 69,
p. 1106.
—
Southern Fruit & Transportation Co.—New Enterprise.
This company is being organized by Philadelphia capitalists
New England Telegraph Co.— Stock Reduced.— The com- to engage in the banana and tropical fruit growing business
pany has reduced its capital stock from $280,000 to §50,000, and to establish a line of steamships between Philadelphia
in shares of $100 each. The debts and liabilities are less and the Republic of Colombia. Dick Bros. & Co. are managing
than |5,000. The directors include John G. Stevens and the financial end of the enterprise. The authorized capital
stock is $2,000,000, of which $1,C 00,000 is 10 per cent nonCharles P. Bruch.
cumulative preferred. Par of shares $10 each. Of the preOhio Falls Car MannfactnrlDg Co.— Offer for Remaining ferred only $250,000 will be issued at present, one share of
^ssefs.— President Smyser has offered |40a,000 for the assets common being issued as bonus with each share of preferred.
not sold to the American Car & Foundry Co. These aggre- The remaining
$750,000 will be held in the treasury for
gate in gross $561,276, including $450,804 of bills receivable.
The net is $441,521. The offer is equivalent to $33}^ per
share on the 8,000 shares of preferred and 4,000 shares of
common stock. About 9,000 shares have thus far accepted
the offer.— V. 68, p. 280.
Pennsylvania Salt Manufacturing Co.— Payment of Bonds.
it will redeem its $344,000 5
per cent bonds at maturity on Jan. 15, 1900.— V. 67, p. 1110.
—The company announces that
future extensions. The new company will own 4,000 acres
of plantation property in the Republic of Colombia, an 80foot wharf and a private railroad 33^ miles long from the
water front through the plantations. Directors
Edward L. Palmer, fruit importer, Baltimore, Md.; Frank K Hippie,
James N. Stetson and Henry Tatnall, Philadelphia; J. Davis Sisler,
Wilmington, Del.; George H. B. Martin, Camden, N. J.; George Fitzgerald, General Manager, Republic of Colombia.
:
Standard
Shoe Machinery Co.—Directors.
—The
direc-
People's Telephone Corporation (New York City).— tors are announced as follows
Construction. This company expects to begin stringing
E. B. Beecher, B. F. Spinney, J. A. Smith, W. B. Hosmer. J. S. Rusk,
wires shortly. The permit to do this was applied for last J. N. Darrah, F. W. Curtiss, F. C. Pineree, E. P. Reed, R. F. Spencer.
February, but was only recently granted.
It was issued W. W. Spalding, Thomas G. Piatt and Woodson R. Oglesby.
by Commissionpr Kearney of the Department of Public
Stcck Pooled Till Feb. 15.— It is stated that $4,000,000 of
Buildings, Lighting and Supplies, and reads in part as follows: the company's $5,000,000 of capital stock has been underwritThe People's Telephone Corporation of the State of New York is ten and pooled until Feb. 15, when the engraved certificates
hereby permitted, authorized and empowered to lay and construct will be irsued. The main offices will be in Boston
V. 69,
conductors and wires in avenues and public places in the City of New
797.
p.
York for the distributiog and condnoilng of electricity for telephone
and telegraph purposes.
Storage Power Co.— Stock. This company, whose stock
The company was incorporated at Albany in October, 1898, was active on the "Curb" on Monday at 5% to 5%, was dewith $5,000,000 of authorized capital stock, of which $2,000,- scribed in V. 69, p. 1016. The capital stock is $5,000,000 in
000 to be 8 per cent cumulative preferred and subject to re- "non-assessable shares of $50 each." V. 69, p. 1016.
demption in 19 H at $110 per $100 share. Of the authorized
Suburban Electric Co. of Covington, Ky.— Coviupton
amount $80,(00 has been issued, "50 per cent paid,' and the Gas Light Co. Receiver. Last week at Newport, Ky.,
remaining 50 per cent has recently been called. Negotia- Judge Hodge of the Campbell County Circuit Court, on aptions for the underwriting of the unissued capital are in plication of C. L. Raison, appointed J. J. Youtsey receiver
progress. The new Telephone Telegraph & Cable Co. has of the Suburban Electric Co. Almost simultaneously with
been seeking to get control, but at last accounts had not this appointment an assignment was filed by the company in
euccFeded.
the Kenton County Court, making Benjamin Bramlage asTelephone Rates. The company has obtained 7,0C0 five- signee. A petition in bankruptcy was also filed in the
year subscribers on a schedule of charges guaranteed to con- United States Court at Loui9ville. The disposition to be
tinue for five years. This schedule includes:
made of the property was therefore left in doubt. The capiyearly tal stock is $250,000, in shares of $100 each, and the Union
Unlimited business service in Manhattan
$100
yearly Savings Bank & Trust Co. of Cincinnati is Trustee under a
Unliruited business service in Brooklyn
75
For limited service, either for residence or business, the first mortgage for $250,000, on which the interest due April
rates will range from $40 (in Brooklyn $30) annually for 400 1, 1899, amounts to $7,500. The property includes, it is
messages, with 9 cents extra for each additional message, to stated, a well-equipped lighting station in Covington and
$75 (in Brooklyn $56) for 900 messages, with 4 cents extra for valuable franchises in Newport, Covington, Bellevue and
each additional message. There will also be special service Dayton.
for residences and flats at still lower rates.
The Suburban Electric Company in August, 1899. entered
To each subscriber for unlimited service will be issued into a contract with the city of Covington to purchase the
annually a coupon book entitling him to the free use of pub- plant of the Covington Gas Light Co., whose property was
lic telephones to the extent of 100 calls within the borough appraised at $486,000, but the purchase was never consumin which hi^ telephone is situated. Each subscriber for un- mated. The Gas Light Co. had then outstanding $340,000 of
limited service may also subscribe at par to one share (or capital stock in $50 shares.— V. 67, p. 319.
more) of stock in the company, and the holding of this
Tampa (Fla.) Electric Light Co. Consumers' Electric
share will entitle him to a rebate of 10 per cent on his an- Light Co.— Successor Company. The Consumers' Electric
nual rate, for one telephone only, but no greater rebate will Light Co., whose property was sold recently at receiver's
be allowed to any holder.
sale, has been succeeded by the Tampa Electric Light Co.,
Officers, El c— The offices of the company are at 27 Pine St.
the capital stock of which is $500,000. Officers of new comManhattan. Darwin R. James is President; Ludwig Nissen, pany: Geo. J. Baldwin, President; Peter A. Knight, ViceVice-President; Frank Brainard, Treasurer; Frank S.Gardner, President; H. C. Bradlee, General Manager; Eliot WadsSecretary. The other directors are J. Fred Ackerman, Hop- worth, Secretary and Treasurer.
kins J. Hanford, and Silas B. Dutcher. James B. Dill is the
Telephone Telegraph & Cab'e Co.— Changes in the Beard.
General CounFe).
Messrs. Widener, Elkins and Dolan of Philadelphia have
Subtvays. The subways of the city are owned chiefly by
withdrawn
from this enterprise because of their association
the Consolidated Telegraph & Electrical Subway Co. and the
Empire City Subway Co. The New York Gas & Electric with certain other New York interests. This was thought
was preparing to use the subways
Light, Heat & Power Co. owns $1,500,000 of the $1,875,000 to mean that the company
Street Railway Co., and that the relathe
Metropolitan
of
stock of the Consolidated Company, and all of its bonds
the two corporations would be
except $2,500,000 debentures, and thus has nearly 800 miles tionship of the men named to
News Bureau" has the fol"Philadelphia
embarrassing.
The
of subways for high-tension conductors. The Empire City
lowing:
Subway Co. has assumed the aforesaid
debentures
:
—
—
—
—
—
—
—
—
—
$2,500,000
(The Gas & Electric Co. being indemnified against all liability by reason thereof by the New York Telephone Ca.), and,
it is understood, has operated since November, 1698. all the
low-tension conduits used for telephone wires, the company
being itself controlled by the local Bell company. In the
Mazet inquiry recently Commissioner Kearney testified that
the conduits of the subway company [it being a common carrier] could be used by a rival telephone company on payment
of a rental of from $600 to $1,000 per duct per mile.
Each
duct accommodates 400 wires, or a sufficient number to serve
200 telephones, each telephore requiring two wires
V. 69,
—
p. 388.
Philadelphia Electric Co.— On Philadelphia Unlisted.—
$25,0' 0,000 stock in $25 shares 10 per cent paid, and $15.050 000 48. have been admitted to the unlisted department of
The
the Philadelphia Stock Exchange.— V.
—
& Steel Co. Plant at Young stotvn.— The
finished a steel plant at Youngstown and has
enlarged and improved a number of its other plants. All the
mills are working full capacity. Additional coal mines are
Republic Iron
company has
—
:
&
69, p. 1106.
being opened near Birmingham and an additional furnace
being built there, and another is proposed. V. 69, p. 850.
A representative of the Philadelphia group of capitalists Identified
with the Independent telephone combination movement saj s " The
company has really never been organized, though it has been stated
who are to be the directors, so it could not be literally true that these
gentlemen have withdrawn from the organization. They have vrithdrawn their subscriptions to the stock, but these were immediately
taken by other people, and my understanding is that the entire issue
has been largely over-subscribed.
" Messrs. Widener, Elkins and Dolan canceled their subscriptions
to the stock and will have no connection with the company because it
was found that Mr. Whitney, of New York, ani party were under obligations to certain interests in New York that prevented Mr. Whitney
and his friends from going into the proposed telephone combination,
and the Philadelphians, because of their close association with the
Whitney party in manifold interests, felt bound to back up the Whitney people.
•'
We have no intention of otherwise entering the telephone field,
and our position will not be Iniaaical to the success of the Telephone
& Telegraph Co. of America."
Philadelphia TelSubsidiary Company.— The New York
Cable Co. on Nov. 29 filed articles of
ephone Telegraph
incorporation in New Jersey in order to build and operate
telephone and telegraph lines in New Jersey in the interest,
Cable Co.
it is understood, of the Telephone Telegraph
is
&
&
V.
69, p. 1066.
Tennessee Coal, Iron & RR.— Alabama Steel & Shipbnilding Co.—Steel Plant Opened.— The Alabama Steel
THE CHRONICLE
1152
Shipbuilding Co., whose common stock is all owned
by the Tennessee Coal, Iron & RR. Co. and whose property will be leased by the latter, opened on Nov. 30
its new steel plant at Ensley, near Birmingham, Ala.
The plant includes ten fifty-ton open-hearth furnaces, and
when worked with double shifts has a capacity of 1,000 tons
a day. The steel will be sold as billets and slabs and a large
part will be used by the Alabama Steel & Wire Co., located
[Vol. LXIX.
Sc
only 50 yards away, for wire, rods, nails, wire fence, & c.
Contracts also have been let for a rail mill, which will be
added to the Ensley plant of the Alabama Steel & Shipbuilding Co. during the coming year.— See V. 68, p. 567; V. 69, p.
554; V. 67, p. 801.
—
United States Antomotor Co. Incorporated —This company was incorporated at Trenton, N. J., on Nov. 23.
Authorized capital stock $1,000,C00
purpose to operate
vehicles and vessels with compressed air or other power.
Incorporators Charles A. Troll, Louis J. Frey, and Frederick
;
W.
Hotchkiss,
all of
Jersey City.
COMMERCIAL EPITOME.
Friday Night, December
1,
1899.
O wing to
the observance of a semi-holiday on Saturday
and a full holiday on Thursday, Thanksgiving Day, the busi
ness week has been materially shortened, and has interfered
with trading to some extent. The approach of the Christmas
holiday and the close of the year is also being reflected by a
gradual contraction of business customary at this season of
the year. The general feeling, however, has continued one
of confidence, prospects being generally favorable for a good,
healthy spring trade. The possibilities of labor troubles in
Fall River have been happily averted by the cotton mills
agreeing to advance wages early this month. Advices received from Washington stating that the party in power has
declared itself in favor of legislation during the coming session of Congress for purely a gold standard measure of
currency has been well received in financial circles.
Lard on the spot has been in slightly better demand, prin-
—The
company has declared a quarterly dividend of 1J^2 P^r cent
on its preferred stock, payable Jan. 2d, 1900. The rate has
of late been 5 per cent per annum. — V. 69, p. 1066.
cipally from exporters, and prices have advanced slightly.
United States Oil Co.— New Stock Authorized. — The The close was steady at 5'40c. for prime Western and 5c. for
stockholders on Mondav voted to increase the capital stock prime City. Refined lard has been in moderate demand and
from $2,500,000 to 14,000,000, offering $1,250,000 of the new firm, closing at 5 •65c. for refined for the Continent. SpeculaUnited States Leather Co.—Dividend Increased.
issue to the present stockholders.- V. 69, p. 1107.
United Verde Copper Co.— Sale Dec. 19. In order to carry
out the re-incorporation plan noted last week, the property is
advertised to be sold at the N. Y. Real Estate Salesroom in this
city on Dec. 19. "The sale is made necessary by the opposition to the plan of a very small minority interest representing less than one three-hundredth part of the stock of the
corporation." The re-incorporation is undertaken, it is said,
in order to escape the recent heavy taxation imposed on
corporations by the Legislature of this State. V. 69, p. 1107.
—
—
Washington Telephone & Telegraph Co. -Incorporatei.
—This company, with
$1,500,000 of capital stock, has been
incorporated in Ne>v Jersey. Principil office given as the
Corporation Trust Co. Building, Jersey City, N. J. Incorporators: Seymour Mandelbaum, Henry A. Parr, Thomas
J. Hayward, S. Davis Warfield, James B^nd, George R.
Webb. The companv is allied to the United Telephone «&
Telegraph Co.—See V. 69, p. 1017.
Western Union Telegraph Co.— Federal Court Holds
Kansas Law Unconstitutional Judge Hook of the United
States Circuit Court at Topeka, on Nov. 27, handed down an
opinion holding the law passed by the last Kansas Legislature to regulate railroads and telegraph companies, through
the medium of a " Court of Visitation," to be in the nature
of confiscation and therefore unconstitutional. The case
arose from the action brought by J. B. Maxwell of Topeka,
before the Court of Visitation against the Western Union
Telegraph Co., to compel it to put in force a reduced rate of
telegraphic rates provided by the new law. V. 69, p. 794.
Westinghoase Electric & Manufactnring Co. Contracts,
The contract with the Manhattan Railway Co. is men
tioned among the railway items under the caption of that
—
—
—
&
The Westinghouse Electric
Manufacturing
Co., it is stated, has also been awarded a contract for half a
million dollars' worth of electrical machinery and supplies
for the equipment of the traction system of Adelaide, New
company.
South Wales.— V.
69, p. 802.
—
tion in lard for future delivery at the Western market has
been moderately active, and in response to stronger foreign
advices and some buying for investment account, prices have
advanced slightly. The close was steady.
DAILY CLOSING PRICES OF LARD
Sat.
Mon.
Tues.
FITriTRES.
Wed.
T/iur$.
Fri.
5-40
Holi5-40
5*40
November
Holi5'40
December
day
5"37
day.
Pork has been in fair demand and prices have advanced
slightly,
closing at $9 25@10 25 for iness, $11 75@12 00 for
family and $10 75@ 12 25 for short clear. Cut meats have
sold slowly and prices have weakened slightly, closing at
60614^0. for pickled shoulders, 8^@9c, for pickled hams and
6@6J^c. for pickled bellies, 14(ccl0 lbs. average. Beef has
been in fair demand at full values, closing firm at $10 50@
$11 for mess, $11 50@12 50 for packet. $13@14 for family and
$19@20 for extra India mess in tcs. Tallow has been in more
active demand and higher, closing at 45^c. Oleo-stearine
has been unchanged and steady at 7c. Lard stearine has
held steady at &%c. for prime City. Cotton seed oil has been
in fairly active demand and higher, closing at 31}^@32c. for
prime yellow. Butter has had a moderate sale at steady
prices, closing at 22@27c. for creamery.
Cheese has been in
moderate demand and firmer, closing at 10@13c. for creamery. Fresh eggs have been in light snpply and firm for fancy
grades, closing at 23c. for choice Western.
Brazil grades of coffee have continued to meet with a fairly
active demand and on small crop estimates and unfavorable
crop accounts from Rio prices have further advanced. The
close was steady at 6^30. for Rio No. 7. West India growths
have been in fairly active demand at slightly higher prices,
closing at 9}4c. for fair Cucnta. East India growths have
had a fair jobbing sale at full values. Speculation in the
market for contracts has been fairly active, and prices have
continued to advance on unfavorable crop news from Brazil
and stronger foreign advices. The close was steady at a
slight reaction from top prices. Final asking prices were:
6-250.
5*85o, March
6-05o. July
Deo
6-150. Sept
6-400.
."S'GOo.
May
Jan
5-950. June
6-450.
6-2O0, Oct
Feb
Raw sugars have been dull and barely steady, closing
nominally at 43^c. for centrifugal, 96 deg. test, and 3 13 16c.
for muscovado, 89 deg. test. Refined sugar has been quiet
and unchanged, closing at 5i^@5 3-16c for granulated.
Youngstown (00 Gas & TAectricCo.— Consolidation. The
Youngstown Gas Co., the Mahoning Electric Light Co. and
the Youngstown Electric Co., which have been owned by the
same stockholders and are managed by the same directors,
have been consolidated under one name, the Youngstown
Gas & Electric Co, No addition has been made to the capital
stock as indicated in the newspaper reports.
The President Other staple groceries have been unchanged.
is Frank Hitchcock: Secretary and Treasurer, P. T. CaldKentucky tobacco has had a moderate sale at steady prices.
well; General Manager, R. Montgomery.
Seed leaf tobacco has been in fair demand and values have
been firmly maintained. Sales for the week were 2,900 cases,
600 cases 1898 crop, Wisconsin Havana, 10@
as follows
— H. W. Poor & Co. offer at 95
and accrued
:
interest, sub-
in price, the first mortgage
extension 50-year 5 per cent gold bonds of the Missouri
Kansas
Texas Railway Company, due 1944, the bonds
being the only direct obligation of the Missouri Kansas
Texas Railway Company, except the 4 per cent bonds of
1890. They are a first mortgage on important sections of
the company in Missouri and Kansas, and while apparently
as well secured as the 5 per cents of the Missouri Kansas
Eastern of this system, which sell at 105, they are offered at
a price which yields one per cent more of income. The
earnings of the company for the year ending June 30 last,
after deduction of operating expenses and interest, show a
net surplus of $548,683 37. The earnings for the first quarter
of the current fiscal year show an increase of $378,188 50.
The bonds are part of those listed on N. Y. Stook Exchange,
ject to prior sale
&
and advance
&
&
—
The firm of Feuchtwanger & Co., bankers and brokers,
h»s been dissolved by the death of Simon Danzig, and is continued under the same style of Feuchtwanger & Co. by
Henry Feuchtwanger and Jerome J. Danzig, both members
of the New York Stock Exchange.
—Messrs. G. Sidenberg, Harry Kraus and Max W. Kraue
have formed a co-partnership under the firm name of G.
Sidenberg & Kraus, for the transaction of a general banking
and brokerage business, with offices at 20 Broad street.
1897 crop, Wisconsin Havana, 9V^@10|.^c.;
600 cases 1898 crop, Pennsylvania seed leaf, 10@llJ^c.; 150
cases 1895 crop, Pennsylvania seed leaf, 13c.; 450 cases 1898
crop, Zimmers, 13@15>^c.; 100 cases 1897 crop, Zimmers, 17
@18c.; 400 cases 1898 crop, Gebhart, 12@12i^c.; 245 cases
1898 crop. State Havana, ll@16c., and 195 cases 1898 crop,
New England Havana, 20@55c.; also 700 bales Havana at 55
@92c., in bond, and 200 bales Sumatra at 85c. @$1 60, in bond.
quiet market has been experienced for Straits tin, but
values have been fairly well maintained, closing at 27'50@
27 750. Ingot copper has had only a limited sale, but prices
have been unchanged and steady, closing at 17 00@17 25c. for
Lake. Lead has been in fairly active demand at advancing
Spelter has
prices, closing firm at 4 70(a4-80c. for domestic.
held steady at 4-40@4*50o. for domestic; business has been
Pig iron has been in fairly active demand and firm at
quiet.
$19 50@'^4 00 for domestic.
Refined petroleum has been stead v, closing at 9*65c. in
Naphtha unchanged at
bbls., 7c. in bulk and 10-75 in cases.
10 -650.
Crude certificates have been neglected. Credit
balances have been unchanged at $1 61. Spirits turpentine has been steadier, closing at 51@51>^c. Rosins have
held steady at unchanged prices; business has been quiet,
closing at $1 35 for common and good strained. Wool has
continued in good demand and strong.
121^0.; 250 cases
A
December
THE CHRONICLE.
1899.]
2,
COTTON.
Fbiday Night, December
1,
1899.
The Movement op the Crop, as Indioated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 222,999 bales,
•gainst 263,741 bales last week and 270,934 bales the previous
week, making the total receipts since the 1st of Sept., 1899,
8,045,852 bales, against 4,409,201 bales for the same period of
1898,showing a decrease since Sept. 1, 1899, of 1,363,349 bales.
at—
Beeeipts
Mon.
Sat.
Wed.
Tuc$.
TKur$.
Total.
9,597
59
79,969
1,207
65,756
5,614
3,458
26,101
12,991 20,993 12,454 13,814 10,120
<bo
......
1,207
New Orleans... 14,472 8,737 10,967 14,625 14,915
MobUe
1.714 1,676
233
415
485
Penaaoola, &o.
3,458
Savannali
7,368 4,359 6,970 3,678 3,667
946
6,471
2,040
1,091
486
486
Oharleston....
Pt. Ro7al,<&o
722
883
2,084
831
WUmln^ton....
Wash'ton.&o
Norfolk
821
1,659
1,365
2,010
1,474
2,572
3,235
2,060
1,005
90
Wp't News, Ac
New York
1,576
......
90
2,633
8,488
11
13,473
2,556
115
250
115
260
736
Boston
Baltimore
385
955
1,028
424
PhUadel'a, Ao.
371
2,463
......
3,475
5.368
2,667
2,905
507
1,304
432
week 40,298 41,688 39,890 38,895 39,969 22,259 222.999
Tot. this
The following shows the week's total receipts,the total since
Sept. 1,1899, and the stock to-night, compared with last year.
1899.
BueeiptM
to
Dec.l
Thi$
week.
1898.
Since Sep.
1, 1899.
Thi$
week.
Stock.
Since Sep.
1, 1898.
1899.
Galveston...
79,969 1,015,659 106,071 1,336,342
Tex. C.,Ao.
1,207
15,434
3,313
36,642
If ew Orleans 65,756
766,489 103,999 965,623
MobUe
5,614
85,852 11,108 145,892
P'saoola, <to.
3,458
40.593 12,690
95,260
Savannah... 26,101 508,499 46.717 666,317
Br'wlok,«kc.
486
45,558 10,680 142,146
Charleston..
6,471
146,159 17,867 263,839
90
913
P.Royal,<fco.
18,960
162,378 17,989 226,397
Wilmington.
8,438
11
526
Wash'n, Ao.
43
908
Norfolk
13,473 172,407 38,596 324,643
115
5,099
N'portN.,Ao
1,191
14,521
250
6,455 10,176
New York...
48,002
Boston......
23,305 10,072
3,475
99,208
Baltimore
36,421
5,368
2,410
9,081
PhUadel.dio.
14,105
1,975
15,422
2,667
1898.
232,163
336,169
37,184
346,665
••«
392,283
42,567
128,834
16,661
32,984
186,218
13,338
72,928
20,871
19,914
36,536
251
106,033
30,030
21.853
5,014
81,884
4,167
100,723
30,500
20,343
4.276
•
,.
.•.
.
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.
We
Lambert & Barrows. Produce Exchange Building.
ON SHIFBOABD, MOT OLBABBD FOB—
Ltating
Dec. 1 at
New
Oreat
Other
Britain. France. FOreiffn
Orleans...
Galveston
Savannah
Oalveaton
T6x.01t7,
Bmnaw'k.&o
fri.
•
1153
Charleston
MobUe
Norfolk
New York
Other ports
Total 1899...
20,560
15,350
1.000
3,000
6,000
2,500
1,000
16,000
7,174
26,982
2,000
65,410
Total 1898. . 166.931
Total 1897... 129,388
800
8,000
None.
2,100
15,000
None.
None.
37,256
82,645
25,479
210,790
793,763
53,064 153,191 55,761
40,781 123.990 22,730
428,947
316.889
886,854
761,439
None.
None.
None.
1,100
middling uplands.
The rates on and off middling, as established Nov. 15, 1899,
by the Revision Committee, at which grades other than
middling may be delivered on contract, are as follows.
Fair
o. 1^ on Good Ordinary
o.liieoff
ttlddllng Fair
% on Good Middling Tinged
Kven
I4 off
Strict Good Middling
'leon Strict Middling Stained
M»eeipt$ at-
the past
109,384
103,999
11,108
46,717
17,667
18,032
38.596
104,723
128,053
16,765
50,165
18,570
16,632
28.370
1,191
1,225
A.U others...
81,176
65,756
5,614
26,101
6,561
8,499
13,473
115
15,704
48,003
Tot. this wk.
222,999
394,897
Oalves'n,&o.
New Orleans
MobUe
Savannab
. .
Cbas'ton, Ae.
WUm'ton, Ac
Norfolk
N. News,
<ho.
1895.
1894.
36,332
52,092
74,157
10,308
42,789
14,883
11,019
30,862
1,171
28,621
42.062
77,889
8,192
32,014
14,784
12.210
14,515
8,274
17,061
77,795
95,910
11,568
41,283
19,064
10,833
31,786
21,236
41,776
400,835
265,902
227,001
351,451
Since Sept. 1 3045,852 4409 201 4142,666 3820,873 2687.551 4100,467
for the week ending this evening reach a total
of 215,096 bales, of which 73,239 were to Great Britain, 48,288
to France and 93,619 to the rest of the Continent. Below
are the exports for the week and since Sept. 1, 1899.
The exports
Week Bndint Dec. 1.
Bxporttd to—
Mzportt
from—
Oreat
France
Brit'n.
Sal 708 ton
Tex. City. *o.
New Orleans.
MobUe
Pensaoola....
Sarannah
Brunswick
26,184
21.296
3.836
2,2«e
42,241
4,880
York....
Boston
Baltimore
84,652
193.370
700.308
203
203
2.240
2,937
28,644
54.719
5.177
484.199
888
3,194
39,622
309.186
25,499
17.816
63.850
15,015
27.691
2,111
3.760
3,394
an
..
ToUI. 1898
..
..
41S
1,750
782
3 1,069 205.867
95.444
17».689
6,850
82.349
6.011
9.524
38,881
24,619
190,260
7.696
278.749
61.025
88.616
16.694
141,820
167.014
12.950
1,286
14,236
500
144
644
101,664
88.87 ii
27.641
13.788
40,244
88
47,692
82.09"
4,542
17,237
600
9,70:
875
22,611
12,086
73.239
173,748
48.288
12.086
93.619 215.096
31.681
788 256,345,369
31,881
876.029 2.009,613
34,008 106,126 313.8T9 1.634,837 299.181 1,085,638 2.919,566
heotl
Low Middling
%
Good Ordinary
On this basis the
off
a few of the grades for
official prices for
week— Nov.
UPLANDS.
25 to Dec.
Sat.
Good Ordinary.
1
—would be as follows.
mon Tues Wed
6\
n
Low Middling..,
Middling
Good Middling..
GULF.
p.
Ti^ifl
<<
81a
8»i«
Sat.
Gtood Ordinary.
n
Good Middling..
Middling Fair..
8IS18
Middling
Sat.
Middling
Holi-
Strict IVfiddllng
day.
Good Middling Tinged.
o.
67l8
788
79,6
713,6
7%
79,
713,8
6\
7H
8ifl
S
^
8ie
8»i«
HFed
Tli.
Frl.
a
7»I6
o
7
7«^
She
8
«%
n
a.
86i«
9
TTed
Tli.
813,.
Mon Tnes
Low Middling
8^4
7S8
She
TH. FrI.
75lfl
7
7
788
8il6
838
STAINED.
788
7iai«
8ie
89,6
Mon Tnes
o
Low Middling..
61118
6!^l
738
»
Middling Fair...
638
76,6
7»a
73i
HoUday.
838
aisjg
Frl.
7*8
79,.
7l5i8
The quotations for middling upland at New York on
Dec. 1 for each of the past 32 years have been as follows.
1883. ...0.109,8 1875....o.l3iie
1874
14%
1882
107,8
15''8
IOI4
1873
1897.
1881
121,6
9''8
12
1872
19%
1896
1880
1888
1213
19
1088
1871
1895
1879
1887
914
16
1894
5l!ii6
1870
1878
1886
93,6
25>4
1869
1893
97,8
1877
Site
1885
115i8
25>4
1868
1892
1884
107,8
1876
9\
12»e
NoTB.—OnOot. 1, 1874, grades of cotton as quoted were changed.
Afloordingto the new classifloation Middling was on that day quoted
3eo. lower than Middling of the old classifloation.
1899. ...0. 713,8
1891. ...0. 8ii«
1898
1890
1889
59j6
5l»i6
71118
89,H
97,6
MARKET AND
Spot Mabblbt
Globed.
FTmrnKS
Market
Closed.
Saturday ..
Monday..-, Steady at 1, a ad. Steady
rneeday
steady
Steady
Wednesday Quiet at iiedeo. Steady
Thursday..
Friday
Quiet at lie adv. Steady
. .
Phlladalpbla.
Fran.. &c.
ToUl
1899.
13,227
26.073
1,117
1.
Zot«I.
8,894
S20
38
1899, to Dee.
Continent.
WUmlrurtoo..
Norfolk
IPport N.. 4c.
New
1.
Conti- Jotal
Breat
France
nent. WeOt. BrUain.
2.111
Charleston...
Port Boxal...
Sevt.
Exported to—
3.836
13,449
. .
From
1809.
Middling Stained
^j^ off
Strict Low Mid. Stained... 1
off
7,„off Low Middling Stained
l%off
^leon
Low Middling
Strict
1896.
700
None.
287,915
142,827
120,834
26,284
25,184
25,236
101,833
63,650
em
In order that comparison may be niade with other years,
we give below the totals at leading ports for six seasons.
1897.
2,169
14,610
None.
A
Strict
1898.
18,351
32,394
5,000
3,000
6,000
Speculation in cotton for future delivery has been fairly
active, although the observance of holidays on Saturday and
Thursday interfered with business to some extent.
The
course of prices has been irregular, although the undertone
of the market has held fairly firm, based on the continued
small movement of the crop and an increased disposition
shown by foreign spinners to buy cotton. Advices received
from the South have reported a fairly large business transacted with exporters and at prices above a parity with those
ruling in the speculative markets. Monday the market
opened at a fairly sharp advance in response to decidedly
stronger foreign advices, and on the small crop movement.
Subsequently, however, most of the improvement was lost
under realizing siles by speculative holiers. Tuesday there
was a slight advance in prices based on the continued
strength of the advices from Liverpool, firm Southern
markets and a small crop movement
Wednesday prices
broke sharply under selling by outside longs to realize profits.
misleading and sensational advertisement in local, Southand Western papers also had a disturbing influence.
To-day the market was fairly active and higher, fully recovering Wednesday's decline.
Foreign advices were
stronger, Liverpool being higher for both spot cotton and
futures: this, together with a continued small movement of
the crop, induced buying for investment account, and prices
advanced. The close was steady at a net gain in values for
the day of 10@13 points. Cotton on the spot has been steady;
prices advanced l-16c. on Monday, declined l-16c. on Wednesday and advanced l-16c. to-day, closing at 7 13-16c. for
222,999 3,045,852 394,897 4,409,201 1,004,553 1.315,801
1899.
Btoek.
Total.
48.254
89,336
8,000
6,700
12,000
11,300
4,200
31,000
Gtood Middling
Totals
Ooattwite.
Total.
SALES.
Sales of Spot
A Oomtkao?
ex-
Oon-
Oon-
port.
tump.
tract.
..Holi day ..
700
128
.
Total.
.
326
125
423
..Holi dav
1.151
ioo
200
828
849
325
200
200
500
2.502
..
551
THE CHRONICLE.
1164
Futures.
— The
highest, lowest and closing prices
are shown in the following table.
of
New York
Futures at
•
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•
•
i
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cow;
•
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ill
(5
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re
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the movement that is the receipts
week and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1898— is set out in detail below.
tS
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The Visible bUPPLY of Cotton
I
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Btoofe at
bales.
London
Total Great Britain 8tock.
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at MarselUea
Stock at Barcelona
©
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1896.
1899.
1898.
1897.
781.000
2,000
783,000
25,000
189,000
973,000
3,000
976,000
13,000
195,000
593,000
4,000
597,000
8,000
174,000
706,000
11,000
717,000
17,000
104,000
1,000
1,000
1,000
6,000
200
300
200
500
.
491,000
379,000
922,000
573,000
264,000
United States stock
1,00»,553 1,315,801 1,087,128
United States interior stocks. 775,402 708,270 589,083
United States exports to-day..
34,025
19,050
20,034
Total American
3,491,005 4,3&9,105 3,502,236
Ea*t Indian, Brazil, die.—
Liverpool stock
95,000 102,000
87,000
Londonstook
3,000
4,000
2,000
Continental stocks
44,200
46,300
39,200
India afloat for Europe
12,000
1,000
8,000
Egypt, Brazil, Ac, afloat
76.000
57,000
53,000
Total East India, &o
210,200 213,300 206,200
Total American
3,491,005 4,359,105 3,502.236
Total visible supply
4,572,4o& 3.7u«,'i36
3,701,205
•••
~-lad.
-Middling Upland, Liverpool.
3i4d.
4iisod.
3
Middling Upland, New York..
588C.
5I3|eC.
713nO.
1,252,023
558,9ls
41 838
3,497,779
American
afloat for Europe...
Egypt Good Brown, Liverpool
Peruv. Rough Good, Liverpool
Broach Fine, Liverpool
Tlnnevelly Good, Liverpool.
.
694,000 878,000
511,000 388,000
487,000 1,049,000
80!!<,000
133,000
11,000
77,200
34,000
65,000
320.200
3.497,779
3,817,979
4>»32d.
79, «0
6l32d.
63.fld.
413,, d.
49,fld.
738d.
6%d.
3i4d.
3d.
6i4d.
3i4d.
6n32d.
4»3.>'i.
3ifld.
4ii32d.
4ii6d.
M
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The above totals show that the interior stocks have iU'
creased during the week 9,209 bales, and are to-night 67,132
bales more than at same period last year. The receipts at all
towns have been 124,803 bales less than same week last year.
'
•
•
.
bales.
'>fcMXOok)MCo'^©w w©© wwo'M'*.Vi'cr'rf».a:to'cowa
©aoo©©©MC£it^ocowotoc©©ccoc>:©ao©©owQDCu©ccw
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eo©©if MMto'-'Matotots COtOW MtS"-OOOlfe OOlf'lt'W
wto©Mi^oo©wcoj<c7ioato«;©wi>i^c;>MWi&c*-OD«oi^©w©i
wotocotoMic..c>:toM05©©;c©otoc«:oif'©©o©©o©©oo©ife
©tO©©if'0©rf^WtOi*'©000©CO©Wi^Oif-lfOOWif'©K^OtO©
"to
7,000
9,000
4,000
8,000
190,000 143,000 154,000 121,000
4,000
5,000
4,000
4,000
75,000
53,000
39,000
20,000
Stock at Genoa
24,000
40,000
12,000
58,000
Stock at Trieste
16,000
9,000
11,000
4,000
Total Continental stocks
555.200 434,300 418,200 341,200
Tetal European
stocks
,
1,3J8,200 1,410,300 1,015,200 1,058,200
India cotton afloat (or Europe
1,000
12,000
34,000
8,000
Amer. cotton afloat for E'rope. 487,000 1,049,000 922,000 808,000
Egypt, BrazU,&c.,aflt.f or .E'pe
53,000
76,000
57,000
65,000
Stock In United States ports.. 1,004,553 1,315,801 1,087,128 1,252,023
Stock In U. 8. Interior towns.
775,402 708,270 589,033 558,918
United States exports to-day.
34,025
20,034
41.838
19,050
Total visible supply
3,701,205 4,572,405 3,70:^,436 3,817,979
Of the above, totals of American and other descriptions are as follows:
Liverpool stock
Continental stocks
eo~
to
eg
I
to-night, 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
to Thursday evening. But to make the total the complete
figures for to-night (Dec. 1), we add the item of exports from
the United States, including in it the exports of Friday only,
Stock at Liverpool
©
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XHi.
Jt^" The imports into Continental ports the past week have
been 158,000 bales.
The above figures indicate a decrease in the cotton in
sight to-night of 871,200 bales as compared with the same
date of 1898, a loss of 7,231 bales over the corresponding
date of 1897 and a decline of 116,774 bales over 1896.
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. 1 and since Sept. 1 in the last two years are as follows.
1899.
December
1.
Week.
1898.
Since
Sept.
1.
Week.
Since
Sept.
1.
Shipped—
Via St. LoQls
Via Cairo
Via Paducah
46.311
9,488
762
410
359,388 56,564
105,310 18,610
650
6.206
320,416
131,667
3,379
8,258
4,801
9,293
6,213
26,367
41,684
34,300
52,913
78,181
693,273 101,555
613,560
Between interior towns
Inland, &c., from South
11,760
3,116
4,052
80,286 24,633
352
19,603
3,880
38,758
171,711
7,643
16,757
Total to be deducted
18,928
138,647 28,g65
196,111
ViaKock Island
Via Louisville....
Via Cincinnati
5.851
89,465
58,798
68,255
5,098
6,942
9,170
>..,
Viaother routes, Ac.
Total gross overland
Deduct Mhipments—
Overland to N. Y., Boston, Ac.
Leaving total net overland*. 59.253 554,626 72,690 417,449
movement by rail to Canada.
The foregoing shows that the week's net overland movement
this year has been 59,253 bales, against 72,690 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 137,177 bales.
*
Including
1898,
1899.
In Sight and Spinnert'
Takings.
Week.
Receipts at ports to Deo. 1
Net overlanc to Dec. 1
Southern consumption
to Deo.
1..
1.
Week.
Since
Sept.
1.
222,999 3,045,852 394,897 4,409.201
59,253 554,626 72,690 417,449
29,000 375,000 26,000 348,000
311.252 3,975,478 493,587 5,174.650
9,209 532,219 24,950 604,151
Total marketed
Interior stocks in excess
Came
Since
Sept.
618,637
Into sight during week. 320,461
4,567,697
Total In sleht Dec. 1
North'n spinners tak'gs to Dec
1..
110,074
939.646 95,880
5,77'8,80i
745.349
In 1897 the week's movement into sight was 502,959 bales
in 1896 reached 361,631 bales; in 1895 was 328,937 bales, and
in 1S94 was 491,823 bales. The totals since Sept. 1 in the same
years were 5.467.504 bales in 1897; 4.949,234 bales in 1896;
3,860,600 bales in 1895
and
5,469,251 bales in 1894.
December
2,
THE CHKONICLE.
1899.]
1156
Quotations for Middling Cotton at Other Markets.— hundredths. Average thermometer 56, highest 69 and lowBelow are closing qnotations of middling cotton at Southern est 40.
and other principal cotton markets for each day of the week.
Augusta, Georgia, — Rain has fallen on three days of the
week, to the extent of two inches and twenty-one hundredths.
OLOSINQ QnOTATIONS FOB HIDDLINQ OOTTOH ON—
The thermometer has averaged 51, the highest being 66 and
Week ending
Dec.
1.
Satur.
MOH.
Tttes.
Wednee.
75ia
738
7Bl6
77,6
77,8
7^
7J,6
7^
778
7^
7H
7»16
7k
776
776
714
714
714
714
74
Galveston.
New Orleans
.
MobUe
Bayannali...
Charleston.
Wilmington.
Norfoli
Boston
Baltimore
7I4
738
Philadelphia
715,6
77,6
738
73e
7'i6
758
713
.
7\
7I>8
.
Angnsta
Memphis
Louis
Ek>uston
Cincinnati
St.
.
Louisville...
713,6
738
7I4
7»«
713,6
73i
81,6
77,8
738
738
7h
7\
81,6
719
8
758
7Jfl
c:
a-
7h
713,6
»
81,6
71s
77,6
77,,
7ifl
738
77,6
758^
71s
>••>
h
71fl
7i«
7%
77,6
77,8
77.
74
fl
758
758
719
The closing quotations to-day (Friday)
Fri.
77,6
77,8
738
7I4
738
7J4
76,6
7ifl
77i8
Thurs.
at other
important
the lowest 39.
Charleston, South Carolina. Rain has fallen on two days
of the week, the rainfall reaching three inches and sixty-one
hundredths. The thermometer has averaged 57, ranging from
47 to 69.
Stateburg, South Carolina, It has rained on two days of
the week, to the extent of one inch and eighty-three hundredths. The thermometer has ranged from 42 to 68, aver-
—
—
aging 50 7.
Greenwood, South Carolina. We have had rain on two
days during the week, to the extent of one inch and forty
hundredths. Average thermometer 47, highest 54 and low-
—
est 41.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o'clock November 30, 1899, and December 1, 1898.
Southern markets were as follows.
Athens
Atlanta
Charlotte
7is
T^e
7is
Columbu8,Miss
Eufaula
Columbus. Ga.
7
Montgomery...
Little
Rook
Nashville
714
718
Natchez
7U
7
Raleigh
Shreveport....
759
6I816
738
Weather Reports BY Telegraph.— Our
advices by telegraph from the South this evening indicate that rain has
fallen in most districts during the week, but as a rule the
precipitation has not been heavy. Our Columbus, Miss. and
Helena, Ark., correspondents report that picking is completed
in those sections.
Oalveston, Texas,— The week's rainfall has been ten hundredths of an inch, on one day. The thermometer has aver,
59, ranging from 46 to TZ.
Abilene, Texas. Rain has fallen on one day of the week,
the rainfall being twenty hundredths of an inch. The thermometer has ranged from 34 to 68, averaging 51.
Corpus Christi, Texas.— There has been rain on one day
during the week, the precipitation being six hundredths of
an inch. Average thermometer 63, highest 80 and lowest 44.
Palestine, Texas.— There has been rain on two days of the
week, the precipitation reaching seventy two hundredths of
an inch. The thermometer has averaged 57, the highest being
76 and the lowest 38,
San Antonio, Texas.— It has rained on one day of the week,
the precipitation reaching two hundredths of an inch. Average temperature 61, ranging from 38 to 84.
New Orleans, Louisiana. The week's rainfall has been
fifty-one hundredths of an inch, on one day. The thermometer has averaged 55.
Shreveport, Louisiana. There has been rain on three days
during the week, the precipitation being fifty-two hundredths of an inch. Average thermometer 50, highest 75
aged
—
—
—
and lowest
40.
New Orleans
Nov. 80. '99.
Oec. 1, '98.
Feet.
Feet.
0-8
13-2
10-5
6-4
4-9
16-5
Memphis
Nashville
Shrevepoirt
Vloksburg
61
30
30
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
1-9
Cotton Consumption and overland Movement to Dec. 1.
our editorial columas to day will be found our usual
overland movement report brought down to Dacembsr 1.
—In
—
INDIA Cotton Movement from all Ports. The receipts
of cotton at Bombay and the shipments from all India ports
for the week ending Nov. 30, and for the season fiom Sept. 1
to Nov. 30 for three years have been as follows:
1898.
1899.
Receipts at-
Since
Week.
Bombay
33,000
Since
Week.
Sept. 1.
1897.
112.000
173.000 30.000
For the Week.
Since
Week.
Sept. 1.
Sept. 1.
12.000
Since September
41.000
1.
Exports
from—
Great
Britain.
Continent.
Total.
Great
Britain.
Continent.
Total.
Bombay—
1899
1898
1897
Calcutta—
1899
1898
1897
2,066
2,000
2,000
29.000
1 1,000
2,000
30.000
11,000
2,066
2,000
2,000
9,000
5,000
2,000
11,000
7,000
2,066
2,000
1,000
I'obo
1,066
Madras1899
1898
1897
2,000
2",6o6
2,000
2,000
1,000
6,000
5,000
1,000
8,000
7,000
3,000
3",0"00
4,606
5,000
9,000
32,000
16,000
9,000
36.0C0
21,000
7'6o6
2,0C0
7.000
3,000
9"6o6
9.000
14.000
76.000
37,000
14,000
85,000
46,000
All others—
Columbus, Mississippi.-^ Ficking is over in this section.
Dry weather has prevailed all the week. The thermometer
has averaged 58, the highest being 78 and the lowest 34.
November rainfall three inches and sixty-four hundredths.
Leland, Mississippi.— It, has rained daring the week, the
precipitation being one inch and twenty hundredths. The
thermometer has averaged 50 "4, ranging from 37 to 80.
Vicksburg, Mississippi. It has rained on four days of the
week, to the extent of eighty-five hundredths of an inch. The
thermometer has ranged from 41 to 75, averaging 51.
Little Rock, Arkansas,
Rain has fallen on four days of the
week, the rainfall being one inch and ninety-six hundredths.
The thermometer has averaged 53, the highest being 70 and
the lowest 36.
iJeZoia^ .4^7 fcansas.— Picking is finished.
It has rained on
three days of the week, the rainfall reaching one inch and
sixty-two hundredths. The thermometer has ranged from
39 to 72, averaging 48. November rainfall three inches and
thirteen hundredths.
Memphis, Tennessee. There has been rain on three days
during the week, to the extent of one inch and forty-five
hundredth?. Average thermometer 47-9, highest 71 and lowest 38. November rainfall two inches and thirty hundredths.
Nashville, Tennessee. We have had rain during the week
to the extent of forty-five hundredths of an inch. The
thermometer has averaged 52, the highest being 65 and the
lowest 40.
Mobile, Alabama, We have had rain on two days during
the week, to the extent of one inch and ninety-eight hundredths. The thermometer has averaged 55, ranging from
November rainfall two inche3 and sixty-two hun39 to 72.
—
—
—
—
—
dredths.
1899
1898
1897
Total all—
1899
1898
1897
According to the foregoing, Bombay appears to show an
compared with last year in the week's receipts of
5,000 bales.
Exports from all India ports record a loss
of 7,000 bales during the week and since September 1 show
tHcrease
a decrease of 71.000 bales.
Alexandria Receipts and Shipments of Cotton.-—
Through arrangements we made with Messrs. Davis, Benachi
& Co. of Liverpool and Alexandria, we now receive a weekly
oable of the movements of cotton at Alexandria, Egypt. The
following are the receipts and shipments for the past week
and for the corresponding week of the previous two years.
,
Alexandria, Egypt,
November
29.
Receipts (oantars*)...
This week
Since Sept. 1
1899.
320,000
2,946.000
Thit
week.
1898.
350,000
2,469,000
1897.
360,000
2.729.000
Since
Tfiis
Since
ThU
Sept. 1.
week.
Sept. 1.
week.
Sitice
Sept. 1.
Exports (bales)—
To Liverpool
ToContlnentt
16.000 133,000 17,000 102.000 13.000 116,000
16,000 126,000 10.000 88,000 9.000 101,000
Total Europe
32,000 262,000 27,000 190,000 22,000 217,000
pounds.
t Of which to America in 1899, 10,974 bales; In 1898, 8,414 bales;
in 1897, 12,367 bales.
*
—
i',606
A oautar is 98
Montgomery, Alabama, It has rainedjon three days of the
week, the rami all reaching one inch and thirty-one hundredths. The thermometer has ranged from 42 to 71, averagNew England Mill Situation. The Fall River Iron
ing 56. November rainfall one inch and eighty hundredths.
Works Co. Cotton Mill, a corporation outside of the Manu
Selma, Alabama. We have had rain on two days of the
facturers' Association, has voluntarily granted an advance of
past week, to the extent of fifteen huodreths of an inch. Aver10 per cent in wages on and after Monday, Dec. 4, this, it is
age thermometer 60, highest 78, lowest 40.
Columbxis, Georgia. Picking is completed and cattle have expected in some quarters, will force the mills within the
been turned into the fields. Rain has fallen on two days of Association to recede from their offer of 5 per cent, which
the week, to the extent of one inch and sixty hundredths.
the operatives are said to have been willing to accept until
The thermometer has ranged from 45 to 60, averaging 50.
Savannah, Georgia, There has been rain on four days this action of the Fall River Iron Works Cp. became known,
during the week, the rainfall reaching two inches and two and meet the desires of the employees fully.
—
—
—
—
THE CHRONICLE.
115H
[Vol.
LXIX.
Manohestkr Market. — Our reporc received by
cable
Shipping News. — As shown on a previous page, the
market is firm for exports of cotton from the United States the past week have
both yarns and shirtings. Manufacturers are working at reached 215,096 bales. The shipments in detail, as made up
fair profit.
We give the prices for to-day below and leave from mail and telegraphic returns, are as follows:
Total l>ale$.
those for previous weeks of this and last year for comparison.
to-night from Manchester states that the
New York— To Liverpool, per steamer
1899,
8I4 lbs. Shirt- Gott'n
32s Cop. ings,
Twist.
d.
O0.27
Nov. 3
" 10
'• 17
" 24
d.
87,fc®738
67j63'738
7
a>7^
7
®7>fl
7
Dec. 1 7
common Mid. 32s
Uplds
to finest.
8.
d.
8.
4 9 ®7
4 9 -3)7
4 10isa7
10i3®7
10i3®7
»7i2
4
4
-3)713
4 10ifla»7
d.
d.
8H
Twist.
d.
d.
s.
331 32 59i6
-a-esfe
4
7i«
7I2
43i^
483 <>
47,2
4iisa
59ifl
a-ess
59, e
©638 4
5^8
588
-3636
713
common Mid.
Uplds
to finest.
6
6
7ifl
lbs. Shirt- Oott'n
Oop. ings,
41s2 59,6 ®638 4
d.
8.
d.
'96
6I2
0ifl«6
0ifl®6
0i3®6 7
4
1
®6
713
8
8I9
®638 4
1
-36
9
4
Cymric, 20 Sea Island
20
200
To Hull, per steamer Hindoo, 200
To Havre, per steamer La Normandie, 50 upland and 1,057
1898.
d.
31l6
3
3
33^2
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. 1) and since
Sept. 1, 1899. the stocks to-night, and the same items for the
corresponding periods of 1898, are as follows.
Sea Island
1,117
To Antwerp, per steamer St. Andrews, 242
To Naples, per steamer Werra, 171
New Orleans— To Liiverpool— Nov. 28—Steamers Nicaraguan,
2,559; Politician. 14,696
To Manchester- Nov. 27— Steamer Llndisfarne, 2,240
To Hull— Nov. 28— Steamer Pinedene, 1,000. ...Nov. 29—
242
171
17,255
2,240
Steamer Els wick Hall, 800
l.SOO
To Havre— Nov. 24— Steamer Castilliou Prince, 4,^80
4,880
To Brempu— Nov. 28— Steamer Ald2;ate, 9,2j0
Dec. 1—
Steamer Laura, 5,000
14,250
To Hamburg— Nov, 29— Steamer Venetia, 515
515
Rotterdam—
Nov.
To
27— Steamer Derwen, 204
204
To Copenhagen— Nov 29— Steamer Florida. 2,375
2,375
To Genoa— Nov. 29— Steamer Stcilia, 10,500
10,500
To Tami ico— Nov. 24— Steamer Arecuna, 700
700
Galveston- To Liverpool -Nov. 23— Steamer Yucatan. 4,597
...Nov. 27— Steamer Riojano, 13,296.. .Nov. 28-Steamer
Aldersgate. 8,291
26,184
Castlefield. 6,774. ...Nov. 24
Nordhavet, 9,756
Nov. 27— Steamers Eden
Hall, 13,722; Foreric, 11,989
42,241
1899.
1898.
Slock.
To Bremen-Nov. 24— Steamer Maria Rickmers, 10,346
10,316
To Hamburg— Nov. 23— Steamer Wileysike, 1,069. ...Nov.
Receipts to Dec. 1.
This
Since
This
Since
24-8teamer Barton, 364
Nov. 27— Steamers Eric,
1899.
1898.
week.. Sept. 1. week. Sept. 1.
1,502; Ply mpton. 1,846
4,781
To Rotterdam— Nov. 25— Steamer Caithness, 1,100
1,100
Savannah
3,218 42,625 3,055 32,318 18,685 22,736 Texas City, &c.— To Mexico, per railroad, 203
203
Charleston, &o
540
507
4,394
2,976 3,612 3,042 Mobile—To Liverpool— Nov. 30— Steamer Cimbria, 3,836
3,836
Florida, &c
655
405
2,4.: 6
549 3,628 Pensacola- To Liverpool -Nov. 30-Steamer Vivina, 2,296. .. 2,296
5,398
To VeEice— Nov. 25— Steamer Stella, 898
898
Total
4.413 62,41',^ 3,967 37.720 22,846 29,406 Savannah— To Liverpool - Nov. 30— Steamer Nitrocris, 1,369
upland and 5,180 Sea Island
6,549
The exports for the week ending this evening reach a total
To Manchester— Nov. 28-Steamer Hedwlg, 6,900
6,900
To Bremen— Nov. 24-Bteamer Bendo, 7,950
of 6,367 bales, of which 5,2^0 bales were to Great Britain, 1,067
Nov. 30—
Steamers Crewe, 7,501; Platea, 10,522 upland and 100
to France and 100 to Bremen, and the amount forwarded to
Sea Island
26,073
Northern mills has been 1,340 bales. Below are the exports Brunswick—
To Liverpool—Nov. 28— Steamer Linda, 2,111... 2,111
for the week and since September 1 in 1899 and 1898.
Charleston- To Barcelona— Nov. 28— Steamer Goyerrl, 8,394 8,394
Baltimore— To Liverpool—Nov. 20— Steamer Indore, 3,760. 3,760
88
Week Ending Dec. 1 Since Sept. 1, 1899. North'n Mills. BOSTON— To Liverpool— Nov. 24— Steamer Sachem, 88
To Hamburg—Nov. 24— Steamer Beuealia, 200
200
Exports
To Rotterdam—Nov. 23 -Steamer Tabasco, 582
582
from
Great Fr'nce
Great Fr'nce
Since
Total. Bnt'n.
Total. Week. Sept.l.
San Francisco -To Japan— Nov. 25— Steamer Nippon Maru,
Brit'n.
<6c.
<6e.
1 550
1 550
Savannah... 5,180
100 5,280 11,357 2,315 13,672
685 8,438 Seattle-To Japan-Nov. SO-ateame'rKinshiuMaru, 4,806!! 4*800
Charl't'n,&o
461
461
50 San Diego, Cal.— To Japan-Nov. 33 -Steamer Carlisle City,
3,510
3,510
'655 5,398
Florida, &o.
""20
'"59
Tacoma— To Japan-Nov. 28— Steamer City of Dublin, 2,225.
2,225
New York..
i'067 i",687
i"840 i'899
Boston
Total
..
215,096
Bait., &o
The particulars of the foregoing shipments, arranged fn
Total
5,200 1,187 6,367 11,877 4,155 16,032 1,340 13,886
oar usual form, are as follows.
dreat French Qer- r-Oth.E'rope—^ Mexico,
Total 1898..
875
25
900 3,898 1,889 5,787 1.640 9,871
Brit'n. ports, many. North. South,
tte.
Japan. Total.
220 1,117
242
171
1,750
considerable portion of the Sea Island cotton shipped to New York.
21,295 4,880 14,765 2,579 10,500
700
54,719
foreign ports goes via New York, and some small amounts via N.Orleans.
84,652
.Galveston. 26,184 42,24115,127 1,100
Boston and Baltimore. Instead of including this cotton for Tex.C.&o
203
203
3,836
the week in which it leaves the Southern outports, we follow Mobile..... 3,836 ...... ...... ...... .*.... ...•«. ......
3,i94
2,296
898
Pensacola.
the same plan as in our regular table of including it when Savannah..
13.449
39,522
26,073
actually exported from New York, &c. The details of the Brunswick 2,111
2,111
8,394
8,394
shipments of Sea Island cotton for the week will be found Charleston
80
88 ....a. ...... ...•• ...... ...... ..•
Boston....
under the head "Shipping News," on a subsequent page.
4.542
200
582
Baltimore. 3,700
Quotations Dec. 1 at Savannah, for Georgias, extra fine, San Fran
1,550
1,550
ISi^c; choice, I23^c.; fancy, 135^c.
3,510
3,510
San Diego
4,800
......
...... 4,800
Cnarleston, Carolinas, medium fine, 18c.; fine, 19c.; fuUv Seattle..... ......
2,225
Tacoma
2,225
fine. 21 to 23o.
903 12,085 215.096
Total.... 73,239 48,238 56,165 4,503 19,963
Jute Butts, Bagging, &c.—The demand for jute bagging
since Sent. 1 shipments have been 850 bales
Japan
To
during the past week has continued very dull, but quotations
from New York, 15,695 bales from Galveston, 8,971 bales
are unchanged at 5}4@5fic. for 1% lbs. and 5^^@6i^c. for 2 from New Orleans and 31,652 bales from Pacific Coast. To
Iks., standard grades.
Jute butts have been inactive, but Cnina, 3,218 bales from New York.
Cotton freights at New York the past week have been
the market continues firm. Prices are nominally unchanged
as follows.
at l*05c. for paper quality and l%c. for mixing to arrive.
To Havre-Nov. 23 -Steamer
— Steamer
—
....
.
A
—The
second general memorandum on
the cotton crop of the season of 1899-1900 was issued by the
Director- General of Statistics under date of Calcutta, October 20, as follows:
The preliminary memorandum on the cotton crop, which was issued
on the 25th of August, was written when the prospects, though still
fair, were dependent on the quantity and distribution of the rain to
East India Crop.
the end of September. There has unfortunately been little or no rain
since then in the regions in which cotton is most extensively grown,
and the present position of the crop is extremely bad almost everywhere, except in Madras. In the Central Provinces the western dlstricte, where cotton is mainly jirown, have suffered badly from continued drought and the crop will be perhaps half the average; in
Berar it will be less than that; while in Gujarat (Bombay) the area
which is covered with cotton represents less than a third ot the average, and on that area the plants are in bad condition. In the Bombay
Deccaii also (Khandeish) tl e plant on the contracted area sown (about
three-fourths of the average) is reported to be in a bad state, though
it may be hoped that the rain which has fallen in that tract during
October may have resulted in some improvement. In Sind the cottongrowing area is only a third of the average. In the Punjab cotton has
Deen grown on an area which is about a fourth smaller than the average, and conditions are so adverse that perhaps not more than half an
average crop may be expected. On untrrlgated land in most places
the crop has more or less failed, and it is not good even on irrigated
land, the canals having in various places failed to give water in consequence of the prolonged drought. In the western tracts of the
North-Westem Provinces, which are the principal cotton-growing
section of those provinces, an injurious excess of rain early in the
season was followed by an injurious drought, and the crop is not
expected to be more than three-flfths of the average. Madras, as
ohserved above, stands out as an exception to what may be termed
the disaBtrous conditions generally prevailing. There the timely rain
of September and October was most useful, and the condition of the
crop is good everywhere. The area sown is comparatively small so
far, but sowings in the southern districts had hardly begun when the
reports were made.
Liverpool,
Satur.
Mon.
Tuei.
964
9«4
9f4
964
35*
35*
35*
35*
35
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
35
30
30
30
45
45
45
40
40
^
^
^
^
Deed.
c.
Havre, Nov
c.
Bremen, Nov
Hambtirg. Nov..c.
/Amsterdam
e.
c.
Botterdam
Reval, V. Hamb..c.
Do
Do
V. Hull...c.
V.
Copen..c.
Qenoa
c.
rrleste, direct... c.
Antwerp
d.
Wednei. Thurs.
FH.
964
;
35»
35
30
30
30
?
45
45
45
40
40
e.
h^n
Ghent,v.Antw'p.d.
^32
».^2
"sa
Quotations are cents per 100 lbs. or fractions of a penny per
* And 5 per cent.
6.
32
lb.
—
Liverpool. By cable from Liverpool we have the f ollcw
Ing statement of the week's sales, stocks &o., at that port.
Nov. 10
Sales of the
week
bales.
Of which exporters took...
Of which speculators took.
Sales American
Actual export
Forwarded
Total stock— Estimated
Of which American— Est'd.
Total import of the week
Of which American
AmoTint afloat
Of which American
....
77,000
5,500
2,400
67,000
6,000
70,000
730.000
650,000
72,000
39,000
222,000
222.000
Nov. 17.
55,000
4,200
1,000
47,000
7,000
72,000
744,000
652,000
93,000
71,000
210,000
210,000
Nox. 24.
63,000
3,100
1,500
57,000
11,000
79.000
796,000
703,000
142,000
123,000
120,00c
120,000
•
Dec. 1.
73,000
4,600
4,100
64,000
10,000
72,000
781,000
694,000
67,000
60,000
140,000
140,000
December
THE CHRONICLE.
2, 1899.]
The tone of the Liverpool market for spots and futurfs
and the daily olos :ng
each day of the week ending
prices of spot oott on. have been as follows.
Del
Sat'day.
Spot.
Market,
1:45
p.
)
M.J
Fair
business
doing.
Fair
business
doing.
Good
Good
demand.
demand.
business
4»32
45,6
4^32
46i6
41132
12.000
1,000
10,000
15,000
1,000
15,000
1,000
8,000
& exp.
Fair
Good
demand.
414
Mid. Upl'ds.
Bales
Spec.
Monday. Tuesday. Wed'day. Thursd'y Friday
500
500
Futures.
Market,
1:45
P.
}
M.J
Market,
4 p. M.
Irreg. at
partially
1-64 adv.
}
Barely
steady.
Steady.
?artially
-64 adv.
Very
Steady.
Quiet.
Quiet.
10,000
1,000
steady at
Strong at Steady at Steady at
1-64 ad1-64 adpartially
1-64 dec.
vance.
vance.
Quiet.
doing.
steady.
J
The prices of futures at Liverpool for each day are given
below. Prices are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
mon.
Sat.
Nov. 25
12H
Dec. 1
P.M.
d.
November..
4
4
4
Jan.-Feb.... 4
Feb.-Moh. .. 4
Nov.-Deo.
Deo.-Jan
..
Moh.-April.. 4
April-Alay .. 4
Frl,
09
08
06
03
04
03
02
02
4 1:45 4 1:45 4 1:46 4 1:45 4
1 1:45
P.M P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.
d.
ft
411
4 06 410
4 07
4 04 4 09
40 407
4 02 4 06
4 01 4 05
4 00 4
4 00 4
May-June. 4
Jnne-Joly. 4 Ov 3 63 4
July-Aug... 4 01 3 62 4
Aug.-8ept... 3 62 3 60 4
.
8ept.-Oot
Wed. Tbars.
Tnes.
to
0i
04
03
02
00
a
d.
4 09 4 13
0>4 12
4
4 06 4 10
4 0.5 4 03
4 04 4 07
4 03 4 06
4 0v; 4 05
4 02 4 05
4 01 4 04
4 00 4 03
3 62 4 01
d.
d.
4 12 4
411 4
4 09 4
4 08 4
4 07 4
4 06 4
4 05 4
4 04 4
4 03 4
4 03 4
4 01 3
d.
rf
d.
11 4 09 4 12 4 12
10 4 08 4 10 4 11 4
01
06
05
05
04
03
02
02
63
4 04 4 08
4 04 4 07
4 03 4 06
4 02 4 05
4 02 4 01
4 01 4 03
4 00 4 02
3 63 4 02
3 61 3 63
. .
4
4
4
4
4
4
4
4
4
1*2
d.
413
09 4 10 4 10
07 4 08 4 09
06 4 07 4 08
0=i 4 06 4 07
04 4 05 4 05
04 4 04 4 04
03 4 03 4 03
02 4 03 4 03
00 4 04 4 00
3 57 3 56
Friday, Dae. 1, 1899.
Bu8ine?8 in the market for wheat flour has been quiet.
Exporters have done practically nothing, and the demand
from the local trade has been light, buyers generally confining purchases to such supplies as have been needed to meet
current wants. ReflectiDg a weaker drift to values for the
grain, prices for flour have shown an absence of tone; still, as
there has been no pronounced pressure to sell, values have
not weakened materially. Osving to scarcity the offerings of
the better grades of winter- wheat flour have been light.
City mills have had a moderate sale at slightly lower prices.
Rye flour has sold slowly and prices have declined. Buckwheat flour has been quiet but steady. Corn meal has been
quiet but about steady.
Speculation in wheat for future delivery has been quiet,
the observance of holidays on Saturday and Thursday interfering with business. The tone of the market has been easier,
prices showing a fractional decline. Developments Monday
were generally of a bearish character. Foreign advices reported weaker markets abroad. The visible supply statement showed a large increase and the world's shipments for
Tired long holders apthe preceeding week were heavy.
parently eaw nothing favorable in the situation for
higher prices, and under their sales to liquidate accounts
Tuesday there was a steadier
prices gradually sagged.
market, and part of the loss was recovered. Cable advices came slightly better than expected, and as there was
pressure from longs to sell, prices rallied sligntly. At the
lower prices there was some improvement to the export demand, and this, too, helped the market to a limited extent.
Wednesday the market was again easier. Foreign advices
were of a disconragicg character, the markets abroad showing the effect of the heavy shipments this seaeon from Argentine, and locally there were no developments of a character to stimulate aggressive buying. Business in the spot
market has been on a moderate scale only and prices have
weakened with futures. To day the market was steadier
early, on the deliveries on December contract being smaller
than expected. Subsequently, however, under freer offerings from the Northwest and selling by longs, the market
weak'rSEed.
The spot market was moderately active. The
sales for export here and at outports were 288,000 bushels.
DAILY CLOSING PRICES OF NO. 2 RED WINTER IN NEW^ YORK.
Sat.
Man.
Tues.
Wed. Tkurs.
Fri.
7238
Cash wheat f. o. b
7258
7238
7213
Holiday.
7078
7458
71ifi
70^8
7478
Holi-
74 Is
day.
74ifl
75
DAILY OLOSINO PRICES OF NO. 2 SPRING IN CHICAGO.
Sat.
Mon.
Tues.
Wed. Thurs.
Dec. delivery In elev
May delivery in elev
July delivery in elev
74%
6538
Holiday. 69^8
6578
70^4
declined. Subsequently, however, the export demand im
proved, the lower prices attracting buyers. To-day the market was weaker under liquidation by longs. The spot market was fairly active. Sales for export here and at outports
were 400,000 bushels.
NEW YORK.
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN
Sat.
Mon.
Tues.
Wed.
spsg
3973
Cash corn, f. o. b
39%
381^
Deo. delivery in elev....Holidav. 38»2
38-^8
May delivery in elev
3858
DAILY CLOSING PRICKS OP NO. 2 MIXED CORN
Mon.
Sat.
Deo. delivery In elev
Jan. delivery in elev
May delivery In elev
Tues.
31
31ifl
Holiday 3058
30%
3258
3258
Thurs.
Fri.
39ia
3878 Holiday. SS^e
38J4
38»s
IN CHICAGO.
Fri.
Wed. Thurs.
30^8
3078
30i^
3078 Holiday.
3214
3258
Oats for future delivery at the Western market have been
quiet, but the tone has held steady and only slight changes
have occurred in values. Early in the week prices eased off
about i^c, in sympathy with the decline in other grains.
There was, however, no pre.«sure to sell, and subsequently
this loss was recovered.
Locally there has been a fair
volume of business transacted in the spot market and values
have held to a steady basis. To-day the market was easy, in
sympathy with a decline in other grains. The spot market
was
steady.
DAILY CLOSING PRICES OF OATS IN NEIV YORK.
Thurs.
Sat.
Mon. Tues.
Wed.
29I2
No. 2 mixed in elev
HoliHoli2912
30
Fri.
No. 2 white in elev
31
day.
31
31
31
CLOSING PRICES OF NO. 2 MIXED OATS IN
DAILY
Deo. delivery In elev
May delivery In elev
Rye has been
dull
30
day.
CHICAGO.
Sat.
Mon.
Tues.
Holi-
22^
225fl
Wed.
2258
day.
2378
24
24
Thurs.
Fri.
Holi-
221*
day.
23%
Barley
and without decided changes,
has been in fair export demand for feeding stock. Buckwheat has had only a limited sale, but values have held
steady.
Following are the closing quotations:
FLOUR.
BREADSTUFFS.
Deo. delivery in elev
Mch. delivery in elev
May delivery in elev
1157
7038
73%
73%
„$2 00 ®2 45
Patent, winter.... $3 90 '©4 10
City mills, patent.. 4 00 ®4 25
2 25 '©2 60
2 30 ®2 80
Ryeflour,8uperttne 3 10 ®3 55
2 50 ®3 00
Buckwheat flour.. 2 25 ©2 40
Clears
2 85 ®a 30
Corn meal—
Straights
3 25 -©3 55
Western, etc
2 15 -©2 25
Patent, spring
3 70 ®4 40
Brandy wine
2 25 -312 30
(Wheat flour in sacks sells at prices below those for barrels.)
GRAIN.
Wheat, per bush.—
0.
Corn, per bush.c.
o.
o.
HardDuluth,No.l 7614 3)78
Western mixed
37^@40
N'th'nDuluth.No.l 7458®7638
No. 2 mixed
37%a40
Red winter, No. 2. 7038a73i4
@
Western yellow
H'd Manitoba No.l 76i8®7778
3778®3958Western white
Oats— Mix'd, p. bush. 29 ®31
Rye, per bushWhite
30 3)35
Western
55 ®61
No. 2 mixed
30 -3131
State and Jersey
58 ®61
Fine
Superfine
Extra, No. 2
Extra, No. 1
-
No. 2 white
31
—
45
Barley Western
Feeding
3)32
®54
40ifl'®44i2
The movement of breadstufifs to market as indicated in the
statements below is prepared by us from the figures collected by the New York Produce JExchange. The receipts at
Western lake and river por ts for the week ending Nov. 25,
and since Aug. 1, for each of the last three years, have been:.
Uetivti at—
bioapo
Wheat.
JTour.
Oaf a.
Corn.
1.
BbUAOOlbi Buih.dOlbi Bvih.bOlbi Buth.32lbs Buth.iSlb,
106.735
737.U8 1,076,246 1,173.408
390.400
.
Milwaukee
50.926
>ulntb
Minneapolis.
99.525
175,000
2.095 215
17,850
20.790
4.564
1,883 270
61,13
I'oledo
9.702
Detroit
2,600
46,376
76,942
Cleveland
St. iionlt
Barley.
..
eorta
83,036
S,250
285.785
147,0OC
188.00{
42,000
251,265
70,712
120.00J
135.600
49,000
84,993
8.360
Santai City.
7,886
139,510
1
316,547
117,691
203,087
124,712
..
.
278,400
261.000
435,200
134,923
94,970
flu.
6''
28,050
29.400
11.821
17,300
7.546
3,500
5,499
100,500
4S,50C
7.500
2,4)0
26,500
••
Tot.wk.'98.
807,441
6.37(^,P48
2,675.576
2.267,781
1,233.639
Same wk. '08
Same wk.'97.
321.87.1
8,826,051
3,129,03)
2,447,679
1,495,161
234,988
6,395,078
3,627,631
3,630,075
1.670,626
106.470
254,146
266.393
7.191,954 103,122,591 82,601,227 67,793,934
6,859,316 136,116,401 72,694,307 64,830.'; 81
3,987,967 11P.'0I,401 93,425,313 75,15'^,027
18.644.665
3.020,.'»73
19,714,372
5,046,351
5.715,002
Since Auo.
1S99...
1888
1*07
1.
18,775,664
The receipts of flour and grain at the seaboard
week ended Nov. 25 1899, follow
the
vPneat,
tlOUT.
BteeipU at—
-Sew Fork
ll.'i.SSl
Boston
Montreal
Philadelphia
Baltimore
aiohmond
*ew Orleans*
Newport News
Fri.
Norfolk
aalvestoD
6'ii4
6438
fortland.
69%
70^
Holiday. 6»
6958
Mobile
hb's.
Me
48,:7J
1B,465
77,hos
65,770
2,ho6
9,376
26,710
26,419
Corn
binh
hujh
767.975
753
2W4.H58
126.891
501.275
tHO 563
en 614
678.0S8
8> 7,676
.119
6:^,734
15,474
9»,0J0
292,000
133,057
3,175
ports for
:
),
23788
549,3i0
171,428
395,000
11,600
Oata,
Barley
hijah.
buah.
415,200
54.733
3,800
12.000
4,833
693.100
lo3.949
29.800
140.572
f8,100
11,H28
19,350
25.000
66,682
.hi t.
bvi>i.
4<1475
44.690
rt.iOJ
2,SU5
8.J89
>:,020
16,871
........
714
70%
E06 937
Ill 070
Total week.
393.862 2,I<1«.548 a,5'i1 277 1,070.381
270,726
278s545
490,053 4.586,682 3,888,491 1 213,894
Indian corn futures were quiet and easier early in the Veek 1898
• Receipts do not include grain passinR tnronpn New Orleans for toreltna
week. Advices from the West reported freer country offer- ports
on throueh bills of ladlns.
ings, and this, together with tame foreign advices and symTotal receipts at ports from Jan. 1 to Nov. 25 compare as
pathy with the weakness in wheat, prompted selling by follows for four years
speculative holders to liquidate their accounts, under which
1807.
1B90.
1899.
1899.
eceivUof—
19.325,500
23.331,609
11,068,987
bbll. 19,756 672
prices declined. Wednesday there was a firmer tone to the flour
market, particularly for the near-by deliveries. Country i¥h«wt
122.600,025
95,733,951
e34'>7697
bnih.l06.sf8 262
171,947.476
88 157.586
183,796,932
181.798.0^4
offerings were again reported as very moderate, and this, to- yori.
«7 7. 0,516
85.365,705
86.941,323
86,48 <,473
gether with a revival of the export demand, stimulated some Oats
10,76" 546
5.256.191
11,731312
11,90 ,920
Barley.
10,382,359
6,6^9,461
13,842,919
6,368.960
speculative buying and prices advanced slightly. Business »Te....
in the spot market was quiet early in the week and prices
«36,7S4,79e
375,161,36S
412,430,390
382,440,649
Total Brain..
:
.
.
THE CHRONICLR
1158
[Vol. LXIX.
The exports from the several seaboard ports for the week quiet and unaltered. Flannels and blankets firm with a
moderate demand.
25, 1899, are shown in the annexed statement
Peat, Barley,
Corn
Flour,
Oatt.
Rye,
Wheat.
Domestic Cotton Goods.— The exports of cotton goods
bush.
bush.
bush.
buth.
bbU.
biish.
Export$ from— buth.
from this port for the week ending Nov. 37 were 9,563
407,176
9,986
«41.827
640,440
72.836
190,669
8,498
New York
ending Nov.
620,948
Boston
Portland, Me. 133,057
96,000
Philadelphia..
i';8,yi9
ll,ii00
39.fl60
171.428
145,182
225.500
3,175
30.637
71,63S
2,429
S6,419
26.710
14,627
1,337
Total week.. 1.86S,7J4 3,.320.484
Same time'98. 3.184,940 3,480,901
292,2^4
313,623
899,986
100,000 1,002,3^3
28.000
544,759
Baltimore
New
Orleans..
rJorfolk
Newp'rtNewi
Montreal
Galveston
Mobile
226.918
112,000
42,076
66,692
:
81.489
250,000
9,545
Nbw Yobk to
48,380
43,938
67,036
188,796
650.967
575,781
134,90S
206,835
119,098
51,956
567,842
285
71*
The destination
September
1,
week and
of these exports for the
1899, is as below
Other coantrles
Total.
ISiS....
Wheat.
,
Week Since Sevt.
Bxvortt for
week and sine* Nov. 25,
I,18f9
bbls.
bbU.
8evt. 1 to—
United KinKdom 179,460 2,491,039
48.784
549,639
Oontinent
23.086
206,084
B. & C. America.
West Indies
Br.N.Am. Colo's
since
21.280
9.8H1
9.783
334.66^
85,814
91,017
292,254
313.523
3,763.898
4,095,183
Week
.
,
Since Sevt.
Nor. 25
1.
oush.
18t9
hush
Corn.
Week Since Se9t
Noiy. 26
I, IBOi.
I,fi85.ie7 16.?6.S532
351,923 12,282,554
4.845
112.376
21,654
Week. Since Jan.
Great Britain
Other European. ..
China
India
Arabia
1.4i?51
2>-l,016
48,237
53,898
810.995
478,149
Total
3,184.940 40,741.096
Wheat,
Do
688,000
1^0,000
510.000
,
.
617,00(1
1,160.000
52,00t
.
.
2,000
104,000
• • •
1,360,000
537,000
276,000
4,000
456,000
2,041,000
1,028,000
616,000
798,000
198,000
14,324 000
2,504.000
.
15,000
327,000
8.000
9,C00
321,0(
afloat
• • •
afloat
.
Milwaukee
368.000
,
2,000
7.000
93,000
188,000
3-22,o60
.12,6?8,000
8,886.000
60,000
337,000
49^.000
10,0(0
34.00'^
8.ioV,oo(i
iiV.bob
123.000
102.000
24,060
.
Do
afloat
. t
Minneapolis
at Louis
Do
.
-
afloat
Kansas City
Peoria
EndlanapoUs
57,000
460,000
On Mississippi Rlyei
On Lakes
On canal and river.
Nov. 25, 1890.
Nov. 18, 1899.
Nov. 26, 1898.
Nov. 27, 1897.
Nov. 28,1806.
625,000
23,000
.
.
. .
8.000
'
7J,66o
4.000
,,
1.874.000
739.000
495.000
576.000
956.000
111,000
88,006
55,836.000
54.000.000
11.572.000
11.067.000
22.263,000
4?,O68.000
18,228,000
5.917,000
6,125.000
5,583,000
15.261,000
12,474,000
1.498,000
1,862.000
1.139.000
8,603.000
2.569,000
.
.
23,:^69,000
33.656.000
58.914,000
> •
•
.
• • •
1,
293,871
21,823
9,563
402,251
16,504
315,694
10(i
4 202
265
899
22
7.754
8,759
14,645
4
,
• • •
•
•
•
—
3,558.CO0
8.119,(00
8.898.000
5,891.000
6,367,000
Laces steady, with fair sales.
orders.
Ribbons quiet.
Linens very firm but in quieter request than of late. Burlaps
barely steady.
Importations and TTarebouse TTlthdrawala of Dry Gooda
The importations and warehouse withdrawals ol drj gooda
at this port for the week ending Nov. 30, 1899, and since
January 1, 1899, and for the corresponding periods of last
year are as follows:
o
1899.
There has been only a moderate volume of business transacted during the past week. The usual Thanksgiving holi
day influence has contributed to this to some extent, but the
chief factor in keeping down buying has again been the
The market is pronouncedly
difficulty of securing supplies.
short in all lines of cotton goods and in most descriptions of
woolen and worsted goods also, and in both there is a marked
indisposition on the part of sellers to accept business of any
extent for forward deliveries. The tone of the market continues strong.
In cotton goods the advances in prices have
been fewer than for some weeks past, but still important
enough to show that the upward tendency has not
yet been checked. The outward movement of merchandise
continues on a liberal scale, and as an indication of how the
distribution has over- run estimates, it can be noted that the
call for deliveries a month or two months ahead of contract
time is quite a feature of the situation. A general advance
in wages throughout New England is regarded as a certainty,
and probably a rise of 10 per cent will be yielded by manu
facturers, with Fall River leading the way. Collections are
generally satisfactory.
Woolen Goods. The reorder demand for men'swear
woolen and worsted fabrics has been on a moderate scale
during the week. The heavy-weight business for immediate
needs is practically over, and for spring the supplementary
demand has not yet assumed full proportions. When
buyers do come into the market to any extent they will find
it a difficult one to operate in.
Stocks are unusually small,
and the forward production is under contract to an abnormal
extent.
Preparations for the new heavy-weight season are
well advanced, but the question of prices has still to be determined. With the continued upward tendency of the
market for raw wool, sellers are sure to ask higher prices,
but will have to fiod out how much buyers will 8tan(]. An
irregular opening is therefore likely. Overcoatings for next
fall have sold well at 10 to 15 per cent advance.
Cloaking s
—
16,504
707
400
.
THE DRY GOODS TRADE.
York, Friday, P. M., December
377,742
24,509
10455
32,099
10,336
14.147
• • •
• Ezclnslve of New Orleans, Galveston, Ft. William and Port Arthnr, but
IncludiDK Albany, Oswego and Cincinnati, now omitted.
Note.— Beginning July 1. 1899, the New York Produce Kichange has changed
Its Visible Supply Statement by including stocks at New Orleans, Galveston
Ft. William and Pt. Arthur (previously omitted) aad leaving out Albany
Oswego and Cincinnati, formerly Included.
New
9,563
940
has been $13,923,707 in 1899 against |10,385,100 In 1898.
Exporters are still doing but little in heavy brown sheetings and drills, but the home demand keeps the market in a
Barley,
busn.
Four-yard
stringent condition.
Prices tend upwards.
563,001
sheetings occasionally i^cj. higher. In fine grey goods the
market is very strong, and advances of J^^c. to 3^c. general.
Ducks firm but quiet. Bleached cottons are without material
•»
change. The demand is moderate, but sellers reserved and
Wide sheetings firm and quiet.
9400C prices well maintained.
61.000
Canton flannels selling at value only. Cotton blankets firm.
8tl6,000
Denims still tending upwards. Ticks occasionally h^c.
>•
Kidhigher, and other coarse, colored cottons strong.
prints
a
good
In
finished
per
yard.
cambrics
advanced
}^c.
26.000
business has been done, and tone of market very firm, with
58.000
occasional advances of 2}4 P^r cent. Percales J^c. higher in
1,000
some makes. Ginghams advancing. Several leading makes
of fine and medium grade dress styles J^c. to J^c. higher.
431000 No business in regular print cloths at Fall River this week,
In outside markets a consider138,000 sellers refusing to accept 3c.
7,000
able quantity bought at 33^c. at the close of the week. Wide
goods very strong and J^c. higher.
..
Foreign Dry Goods. This division of the market has
Dress goods in fair demand for
ruled generally quiet.
898. OOr
novelties but staple lines dull. Silks firm, with moderate
418.000
•
174,000
.
•
872,000
afloat
Ft-Will'mAPt. Arthur 1,817,000
8,186,000
Duluth
Total
Total
Total
Total
Total
Bv*,
bush.
174.000
17.C03
afloat
Detroit
Do
Oati,
bush.
629,000
15,000
41,000
226.000
332,000
afloat
..
OhloaKO
Do
bush.
1.127.000
52.000
487.000
1.488,000
757,000
622.000
DOS.OOO
40,000
45,000
Bollalo
Do
6(1,000
..
Philadelphia
Baltimore
New Orleans
Oalveston
Montreal
Toronto
Do
Do
4,126,000
.
afloat...
Boston
Toledo
Corn.
biMh.
147,509
From New £n£lana mill volnts direct.
The value of the New York exports for the year to date
visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, Nov. 25, 1899, was as follows
in store at—
Hew York
10,958
1,235
1,896
922
'
The
:
221,495
3,094
48,199
14,346
27,602
4,361
10,019
38,H42
7,185
Central America. ..
South America....
Other Countries...
3,3^0,484 60.619.718
3.480.904 36.586.837
1,9£ 8,744 28.604.796
3,025
1,877
335
741
166
313
766
153
Total
China, via Vancouver *^...
Since Jan. 1.
TVe€fc.
1.
16
18
6
4,646
2
2,417
Mexico
bush.
bush.
1,431,736 22,690,193
1.774, 4bl 26,837,852
9itl
121,614
1898.
1899.
Nov. 27.
Africa
West Indies
:
'Plour.-
Total
packages, valued at |331,700, their destination being to the
points specified in the tables below
16,871
95,';04
to
"to
— O;
B
d 2\
§:
»•
3
OB
cr"
9
•
s;
•
t
to
to
fO
WI
a>
o
o
^s
2
o
fl
ET
;
M
oso>
t3-^
mco
00 00
M
.^
W
'-J
M M lU M
(-Qoaoow
WtSOJWtS
N)
M'V
too
OX^bStoi^
l(^
o-.cp
lb
O)
Wl-"
,f.MCOWtO
CC-i:OC W
O ow
05©
M
o>*»
o
05
w 00
o WW
OlM
oo
-00
o
w 05^
O
9.*^
CO
too
H-ce
QDW
M
CO
h't-
*.^
o
03K, tOQOCC
oViGDODO
03 0"<»0'0
coo
wo
00
w
o
I
!
>
*
lOM
M©©Wlfk
<Itoit>-©OJ
OM
ooo
^IMMto^a
totoacdo
to
»-•
X
«0
wco
OI^-^OSOO
OOWO— CO
wu
coo
t-ico
COH^0DtO~T
w©©©w
»t^
00*.
wco
OOJ
I-©
CO
CO
OCO
pw
woe
CO
<JtO
lb
ibO
©00
coc;i
totowcoco
H" 00 to l(^
CO 00 '-' 00
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o'co
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00 to
©od'cr'mw
M-qC0~lM«B
2,116.498 2,585,120 3,138,478
!-•
»
'co'ysoocoV)
OOOlb ^00
OQOOCOW
05
2,747,204
©©<1QOCO
©®»4©M
M
WtOMtOM
WXlblb^
l-iiX©0>«J
45,822 34,920 97,658 59.936 55,955
M
MM WCO
00
MM OOtO
WCO 1000® bs'w
©M
OStOlbMM
mW WM00<1®
OOM
©05
W~)
00 CO
<l'-' CO
w
M®cnCdwa»
ibH-
fflCO
V
MCoeoib©
O w®®tow
lb
MMibCOM
WWCOtO©
WsO
T-'lb
05 CO
MO CO 00
MCVlHl'lb
848,559
r
MtO
05M
aoo
WtOMib
toCO<I©ib
4
coco
O-J
00
cocowoto
wto
QOJOOirf^^
W_t5__.»<lW
05 00*— to'-J
ow
coco
05*^
oolo
w
®s
co«
tO^AOOCO
!-
« 00 JO
'tobwb<i
WmCO^*05 CO
-J CO
lb
OOM®
00 Sf
MtOtO
CO
05
to
r"
odVo
»lCOtO*»l«'
'toib
00
MtOKWOS
CO 00
03
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w
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COI-*
COM
TO
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December
THE CHKONICLK
2, 1899.]
BTrnt f^m Cjty B£f/^^TM£WT,
^^^^^^f^^^^^^W
TERMS OF SUBSCRIPTION.
will be fnrniehed without
extra charge to every annual subscriber of the Commercial
The Investors* Supplement
AND Financial Chronicle.
The SiATE AND City Supplement
will alto be furnished
without extra charge to every subscriber of the Chronicle.
The Street Railway Supplement will likewise be furnished without extra charge to every subscriber of the
Chronicle.
The Quotation Supplement, issued monthly, will also be
furnished without extra charge to every subscriber of the
Chronicle.
TERMS for the Chronicle with the four Supplements
above named are Ten Dollars per year within the United
States and Twelve Dollars in Europe, which in both cases
includes postage.
Buffalo, N. Y. Bond 0^«rmgr.— Proposals will be received
until 12 M. Dec. 5, 1899. by Erastus C. Knight, Comptroller,
for $335,772 21 d'^% grade-crossing bonds, maturing Dec. 1,
Interest will
1919. The above bonds are dated Dec. 1, 1899.
be payable June 1 and Dec. 1 at the Comptroller's office or at
certified
the Gallatin National Bank, New York City.
check for 2% of the amount of bonds bid for, payable to the
Comptroller without conditions, must accompany bids. Securities are issued unier Section 16, Chapter 345, Laws of
A
1888.
—
Burgin (Town), Ky.— Bond Offering. Proposals will be
received until 7 p. m. Dec. 15, 1899, by the Town Board, at
the office of J. C. Williams, Town Clerk, for the $5,000
gold street improvement bonds which were voted at therecent election. Securities will be in denomination of $500,
dated Jan. 1, 1900; interest will be payable Jan. 1 and July
Principal will
1 at the Farmers' Bank of Burgin, Burgin.
mature $2,500 in ten years and $2,500 in twenty years from
date of issue. Proposals must be accompanied by a certified
check for $100, and the.successful bidder must furnish suitable blank bonds.
H
Carthage,
Terms
1169
Hancock County, 111.— Bond O^mngr—Pro-
were asked
for until jesterday (Dec. 1) for $2,000 5%
refundiog water works bonds. Securities will be in deTransient matter (eachtime)$4 20 Tliree Months (13 times). .$29 00
50 00 nomination of §500; interest will be payable at the State
Six Months
(26 times)
STANDING BUSINESS CARDS.
87 00 Fiscal Agency in New York City. Principal will mature one
Two Months (8 times)
$22 00 Twelve Months (52 times)
bond yearly from 1905 to 1908, inclusive. At time of going
to press the result of the sale was not known.
Calls and
Cincinnati, Ohio. All Bids Rejected.— At a meeting of
Monnd City Township, Linn County, Kan.— Bond Call.— the Board of Trustees of the Cincinnati Southern Railway
H. C. Mantey, Township Treasurer, has called for payment held on Nov. 25, 1899, all bids received on July 19, 1899, for
30 days from Nov. 29, 1899, at the State fiscal agency in New the extension of the Cincinnati Southern bonds maturing in
York City, $14,500 court-house bonds Nos. 1 to 29, inclusive, 1902 were rejected. The tenders at that time amounted to
only about $100,000 in bonds. Since then the matter has
issued May 3, 1887.
Multnomah County, Qr^.— Warrant Ca//.— Ralph W. been in the courts. As stated in the Chronicle last week, a
Hoyt, County Treasurer, has called for payment county decision was rendered in the First Circuit Court of Ohio on
warrants, classes 35 and 36, drawn upon the general fund, November 16 ruling that the extension would be legal. The
that were presented and indorsed "Not paid for want of refunding of these bonds was to have taken place on Jan. 1,
funds" from Oct. 1, 1898, to Oct. 31, 1898, both dates inclu- 1900, but in view of the possibility of further legal complications it was considered best to take the above actipn. See
sive.
Interest on these warrants ceased on Nov. 20, 1899.
Pierce Connty, Wash. Warrant Call. Stephen Judson, Chronicle Nov. 25, Sept. 9, July 29, July 22 and June 24,
County Treasurer, has called for payment Dec. 2, 1899, war- 1899.
rants Nos. 7,416 to 8,117, inclusive, issued in 1896-7.
Clinton County, Mo.— Bond Sale. This county has sold
Stevens County. J^ ash. Warrant Call.—S. S. Beggs, to N. W. Harris & Co., Chicago, an issue of $25,000 4^ reCounty Treasurer, called for payment Nov. 10, 1899. all war- funding bonds, at 100'06.
rants on the general fund up to and including No. 1368,
Collinwood, Ohio.— Bond Sale.— On Nov. 27, 1899, the $60,15 year electric-light
issued Feb. 13, 1892.
000 i% 25-year water and $18,000
Washington.— PFarran^ CaZZ.-State Treasurer Young has bonds were awarded to Feder, Holzman & Co., Cincinnati, at
•ailed for payment Dec, 5, 1899, general fund warrants Nos.
101 "05 and 101 '035, respectively an interest basis of 3 934
and 3*91 per cent. For description of bonds see Chronicle
47,616 to 49,355, inclusive, amounting to $114,004.
of Adyertlsingr— (Per Inch Space.)
posals
.
Bond
Redemptions.
—
—
—
H
—
Bond Proposals and Negotiations
week have been
as follows
Nov. 4, p. 974.
Cynthiana, Ky.
this
—
Bonds Defeated At a recent election a
proposition to issue §20,000 electric-light bonds failed to
carry.
:
Dade County, Fla.— Bond Election Proposed.— Citizens of
Alexandria, La. Bonds Voted, At the election held on this county
are signing a petition asking the County ComNov. 20, 1899, the proposition to issue $71,000 municipal immissioners to call an election to vote on the question of issuprovement bonds carried by a vote of 144 to 27— representing suing
$100,000 road bonds.
property value of $198,005 to $69,420.
Dallas County, Ala.— Bids Rejected.— Al\ bids received on
Allen County, Ky. Bond Q^eWngf.— Proposals will be re- Nov.
6, 1899, for the $40,000 court house bonds were rejected
ceived until 12 M. Dec. 4, 1899, by John J. McHenry, Finanbecause commissions of^500 and upwards were asked for in
cial Agent, for $175,000
refunding bonds. Securities are
the proposals.
in denomination of $1,000, dated Jan. 1, 19C0.
Interest will
Detroit, Mich. BoTid Offering. Local papers state that
be payable January 1 and July 1 at the Allen County Bank,
bids for the §150,000 bonds voted at the recent election for
Scottsville.
Principal will mature yearly on January 1 as
the improvement of Belle Isle will be opened on Jan. 19, 1900.
follows
$5,000 from 1901 to 1905, $7,000 from 1906 to 1910,
Dickinson County, Iowa. Bond Sale.— It has been stated
$10,000 from 1911 to 1915 and $13,000 from 1916 to 1920, all
in some of the papers that this county proposes to issue $10,000
dates inclusive. A certified check for $8,000 on some naA% refunding bonds. These bonds, we are advised, were
tional bank of Louisville will be required.
issued and sold last September to the Dickinson County
Amherst, Mass.— Bond Offering, This town is advertising Bank
of Spirit Lake at 101 '01. They mature in 20 years,
for sale an issue of $50,000 4% 20-year refunding bonds.
subject to call after 5 years.
Appleton, Wis. Temporary Loan. This city has placed a
Dodgeville, Wis.- Bond Sale.— On Nov. 21, 1899, the
loan of $35,000 with Herman Erb at 4J^^ interest. Loan ma$20,500 5-20 year (optional) refunding bonds were awarded
tures March 1, 1900.
to S. W. and J. M. Reese, President and Cashier of the
Baird (Texas) School District.- Bonds Fofed.— This disDodgeville Bank, at 100-128 for 4 per cents.
trict has voted in favor of issuing $10,000 4% bonds.
SecuriDouglas County, Kan.— iVb Bonds Voted.— It has been
ties are in denomination of $500, dated Dec. 1, 1899.
Interest
stated in some of the papers that this county at the recent
will be payable June 1 and December 1 at the Baird National
general election voted to issue $80,000 courthouse bonds.
Bank. Principal will mature Dec. 1, 1919. The date for the
This statement, however, is in error, for we are advised that
sale of these bonds has not yet been decided upon.
the county will issue no bonds to build the court house, but
Bellefontaine, Ohio.—Bond Sale.— On Nov. 28, 1899, the
that the cost of the building will be met by direct tax.
$1,072 90 6^ 1-10-year (serial) street-improvement bonds were
East Liverpool, Ohio.— Bond Sale.— On Nov. 28, 1899, the
awarded to Chas. S. Seitz, Tiffin, at 109-809. Following are
$20,000 4^ 20-year public library bonds were awarded to J.
the bids
W. Rielly, Wellsville, at 107-175, Following are the bids:
Chaa. 9. Seitz, Tiffin
«1.178 15 Lamorecht Bros. CcCleve.. 11,140 16
W. Keilly, Wellsville
J.
$21,435 00 Feder. Holzman & Co.. Cin. .$80,842 00
First Nat. B'k, Barnesville... 1.143 90 Meyer & Riser, Indianapolis. 1.082 90
20,»32 00
Denison. Prior & Co.. Cleve... 21.250 00 SeasoDBood 4 Mayer. Cin
Seasoneood & Mayer, CinciD.. 1,11112
Lamprecht Bros.Co..Cleve.. 21,18000 Mever i Kiser, Indianapolis. 20,346 50
For description of bonds see Chronicle Nov. 11, p. 1025. "" New Ist ^at. B'k. Columbus. 21,035 00 First Nat. Bk, E. Liverpool.. 1:0,305 00
__
Brings. Todd A Co.. Cincin.... 20.150 00
21.0< 7 00
._
& Co ,CinciT;...
_._
Belleville (111.) School District No. 4..— Bond Sale.— On R. Kleybolte
For description of bonds see Chronicle Nov. '-'5, p. 1116.
Nov. 21, 18^9. the $12,000 i% 20-year refunding bonds were
Eastport, Me.— Bond Sa?e.—The Eastport Savings Bank
awarded to Wernse & Dieckman, St. Louis, at 106 an inrecently purchased $20,000 school bonds ot this city on a d}4%
terest basis of about 3-58^.
Following are the bids
basis.
Wernse & Dieckman. St. L... $12,720 (K) Denison. Prior & Co.. Cleve..t 12,338 00
Ellsworth, Ke.— Temporary Loan.— This city recently neBelleville Sav. BR. Bellev'le. 1»,360 oo R. Kleybolte* Co.. Cincin.... Jv!,075 00
Seasongood A Mayer, Cincin. 12.343 20 S. A. Kean, ChicaRO
12,015 00
gotiated a temporary loan of $3,462 63 at 3}^% interest.
For description of bonds see Chronicle Nov. 18, p. 1074.
Everett, Wash.- Bond Election.- An election will be held
Bellevue (Ohio) School District— Bowds Voted.— At the on Dec. 29, 1899, to vote on the question of issuing $60,000
November election this district authorized the issuance of bonds for sewer construction.
$30,000 school-improvement bonds.
Fremont, Ohio.— Bond O^enng.— Proposals will be reBrockton, Mass. Temporary Loan.— At a meeting of the ceived until 12 M. Dec. 22, 1899, by C. F. Bell, City Clerk,
Board of Aldermen held Nov. 20, 1899, a temporary loan of for $13,800 4% refunding bonds. There will be 13 bonds in
$100,000 was authorized in anticipation of the collection of denomination of $1,000 and one bond of $800, all dated Nov,
taxes.
1, 1899; interest will be payable April land Oct. 1. Principal
—
H
—
—
:
—
—
—
.
.
.
—
:
.
THE CHRONICLE.
1160
will mature one bond each six months from April 1, 19C3, to
Oct. 1, 1909, inclusive. Bonds are issued pursuant to Section 2,701. Revised Sfatutes of Ohio, Amendatory Act. Law^a
of Ohio, Vol. 92, p. 368, and a city ordinance passed Nov. 14,
Proposals must be accompanied by §100 in money or a
1899.
certified check for that amount made payable to the City
Clerk
Gallipolis. Ohio.—Bond Sale.—Oa Nov. 27, 1899, the $18,000 5% street-improvement bonds were awarded to the Center-
—
National Bank, Thurman, at 107-25 an interest basis of
about 3*69^. Following are the bids
New Ist Nat. B'k,Columbu8..tl8.P4.'5 50
Centerville Nat. Bank, Thur$lfl,305 CO Spltzer&Co.. Toledo
18,827 60
mau
Feder, Holzman & Co.. Cin... 19,150 00 First N^t. B'k, Barnesville... 18,801 00
m.OS'i
Ou
Kiser.lndianapolls..
18.765 00
Mover &
S. Kuhn & Sons. CincinnH-ti..
Lamprecht Bros. Co., Cleve. 19,020 00 Denison, Prior & Co.. Cleve. 1h,746 2"
Seasongood & Mayer, Cincin. 18,9y7 00 W.J. Hayes & Sons, Cleve... 18.64100
ville
:
.
.
Bonds mature yearly on August 25, $1,500 from 1900 to
1908 and $4,500 in 1909. For further description see Chronicle
November
18s p. 1075.
—
Grloucester, N. J. Highest Bid Received for Bonds. The
highest bid received on Nov. 23, 1899, for the $100,000 4% 20-
year street-improvement bonds was that of Feder. Holzman
&
As stated last week on page
Co., Cincinnati, at 103 -05.
1115, the question of issuing these bonds has been taken into
the cctorts, which will prevent the disposal of the bonds until
the case can be heard and decided.
Granby (P. 0. Oswego Falls, N. Y.) School District.Bonds Voted. At the election held Nov. 28, 1899, the issu
ance of $41,000 school house bonds, carried by a vote of 239
to 33. The details of this issue have not yet been determined
upon, but we are advised b)' A. C. Davis, Clerk of the Board
of Education, that they will probably bear 4% interest, payable in gold, and that they will most likely mature serially
in from one to twenty years
Griswold, Conn.— .B ^td Sale.—Oa Nov. 29, 1899, the $60,000 3^% 20-year registered bonds were awarded to the Jewett
City (Savings Bank at 103"66 an interest basis of about
3*25^.
For description of bonds see Chronicle Nov. 25, p.
—
—
1116.
UamMeii County. Tenn.
Bonds
to he
Foied.— This county
received authority from the last Legislature for the issuance
of $50,000 road bonds.
are advised that an election will
be called early in the year 1900 to vote on the proposition to
issue these securities.
Harrison, N. J. Bond Offering. Proposals will be received until 7:30 P.M. Dec. 5, 1899, by the Committee on
Finance of the Common Council for $300,000 i% 30-year refunding bonds. Securities are issued to refund $360,000
street improvement bonds and $40,000 water bonds. These
bonds will be in denomination of $1,000 and the interest will
be payable semi annually.
certified check for $5,000 will
be required with each proposal. These securities were
originally offered for sale July 11, 1899, and were awarded
at that time to W. J. Hayes & Sons, Cleveland, which firm
afterwards refused the bonds, there being some misunderstanding as to their bid. They were again offered on Sept.
19. 1899, but all bids received at that time were rejected.
Hartford, Conn. Bonds Authorized.— At a meeting of the
City Government held Nov. 27, 1899, the issuance of $120,000
paving bonds was authorized,
Hinsdale County, Colo.— Bond Election. An election has
been called for Dec. 26, 1899, to vote on the question of refunding $108,000 bonds with a new issue of 4^ 10-20-year
(optional) bonds. It is stated that there is now $60,000 interest overdue on these bonds, and that the holders of the
old >"onds agree to accept in payment for their claims (principal and interest) new bonds as above to the amount of the
face value of the old issue, or $108,000.
Jackson, (Ja. Bonds Voted, At the election held on Nov.
6, 1899. the issuance of $20,000 5% 30-year water and S5,000
are advised that the
5% school bonds was authorized.
bonds will probably not be issued until next year.
Kansas.— Bond Sales. As has probably been noticed from
our reports, many of the townships in this State have been
calling for paymesnt old railroad-aid bonds. Under a recent
State law refunding bonds may be issued to retire the old
securities.
large number of the new bonds have been negotiated through the house of Kelly, Foote & Co., Topeka,
Kan. The following is a complete list to date of the purchases by that firm
Amt.
A
—
—
We
—
A
:
Amt. Rate.
MvMicipalitv.
Albion Twp., Republic Co
Arcade Twp., Phillips Co
Belleville City, Republic Co
Belleville Twp., Republic Co
Burrton Twp., Harvey Co
Canton Twp., McPherson Co
Center Twp., Jewel Co
Centerville Twp., Linn Co
Clarks Creek Two., .Morris Co
Delaware Twp Jefferson Co
Diamond Valley Twp., Morris Co
Baele Twp.. Sedgwick Co
Elk Creek Twp., Republic Co
Empire Twp., Kllsworth Co
Kairview Twp., Russell Co
Green Garden Twp.. Ellsworth Co
Highland Twp., Morris Co
Kechi Twp., Sedgwick Co
Lane Twp., Greenwood Co
Liberty Twp., Linn Co
Liberty Twp.. Saline Co
Logan Twp.. Rooks Co
Lost Springs Twp., Marlon Co
Madison Twp., Greenwood Co
Mound Twp.. Phillips Co
Murray Twp.. Marshall Co
Neosho Falls Twp., Woodson Co
Neosho Twp., Cofley Co
Ness County
Nevada Twp., Ness Co
I
,
?
%
12,000 5
16,000 5
12,000 5
10,000 5
Date of
issue.
Oct.
Oct.
Oct,
Oct.
Sept.
26,('00
5
16,000
18,000
20,000
15,000
40,000
16,000
16,000
8,000
25,000
Nov.
Aug.
iH Aug.
21,lJ00
15,000
10,000
10,000
20,000
2.5,000
10.000
12.000
10,000
17,000
15.000
7,000
30,000
10,000
76,000
17.000
5
6
5
6
6
Sept.
Nov.
Sept,
4Si
Aug.
5
Oct.
Sept.
5
5
5
5
6
5
5
5
6
Oct.
Sept.
Nov.
Aug.
Nov.
Sept.
Oct.
Nov.
Aug.
Oct.
Sept.
5M Nov.
6
5
5
6
Aug.
Nov.
Oct.
Nov.
1,
1,
1,
1,
1,
1,
25.
35,
Maturity.
1899 July 1, 1921
1899 Jan. 1, 1929
1899 July 1, 1920
1899 Jaly 1, 1915
18H9
ln29
lh99 July 1.1907
)8H9
1919
1899
1930
1899
1925
1899 Jan. 1. 1925
1919
1, 1HH9
25, 1899 Jan. I, 1920
July 1,1914
1, 1K99
1920
1,1899
1928
1, 1899
1920
1, l'<99
15. 1899
1915
1920
23. 1899
1. If99 Jan. 1, 1924
1922
1,1899
1920
1, 1899
1921
15, 1899
1914
25. 1H99
1H99
191^
1,
1915
15, 1899
1911
15, 1899
25, 1899 Jan. 1, 1916
1,
15,
1,1899
1,1899 July i,*i'926
1, 1899 July 1,1917
Hate,
%
16,000 5
19,000 5
14,000 5
16.000 6
15,000 5
15.600 5
26,0(0 5
18,000 5
24,0'
5
16,000 5
10,W0 5
20,000 f>
11,0(0 5
10,000 6
18,000 5
20,ooo 5
16,000 5
MurncipaUtv.
$
Northampton Twp., Rooks Co
Oak Twp.. Smith Co
Phillipsburg Twp., Phillips Co...
Plainville Twp.. Rooks Co
Prairie View Twp., Phillips Co
Richland 'I wp.. Republic Co
Rock Creek Twp., Nemaha Co
Rolling Prairie Twp., Morris Co
Seandia Twp., Republic Co
Shell Rock Twp., Greenwood Co
Sheridan Twp., ^helidan Co
Silverdale Twp Cowley Co
,
Spring Creek Twp., Cofley (Jo
Stranger Twp., Leavenworth Co
Superior Twp. McPherson Co
Tonganoxie Twp., Leavenworth Co
Union wp., Jefferson Co
Valley Center Twp., Sedgwick Co
Victoria Twp., Rice Co
Walnut Twp., Brown Co
Waring Twp.. Ness Co
Washington Twp,, Jewell Co
Washington Twp., Nemaha Co
Washington Twp., Rice Co
I
10,000
22,000
IS.roO
17,000
15,000
52,iOO
20,000
4?i
5
6
5
6
5
5
Date of
Maturity.
198*
1918
1927
1926
1934
issue.
15, 1899
25, 1899
Oct.
1, l»-99
Nov.
Aug.
Aug.
2.1,1899
1.1809
1,1899 Julyl.1927
Nov. 15. 1899 Jan. 1, 1924
1927
Nov. 15, 1899
Nov. 1,1899 July 1, 1929
1918
Ocf 1.1899
Nov. 16. 1899 Jan. 1. 1918
Nf v. If. Ih99
1923
Nov. 1,1899 Jan. 1, 1919
Nov. 15, 18t9
20 years.
Nov. 1,1899 Julyl,1908
Nov. 15. 1899
30 years.
Nov. 16, 1899
30 years.
1920
Aug. 26, ) 899
1929
Sept. 1.1899
1918
Oct.
1,1899
Nov. 1,1899 Julyl,1917
1918
Aug. 25, 1899
Nov. 1, 1H99 Jan. 1,1922
1922
Sept. 1,1899
Oct.
Oct.
1 and Jan, 1 each year.
Kingston, Tenn.— Bonds Voted. At an election held on
Nov. 21, 1899. the issuance of $25, COO railroad-aid bonds was
authorized. These bonds, we are advised, will be issued to
Interest payable July
—
the railroad company direct.
Lahefield, Minn. Bond Offering. Proposals will be received until 7:30 p. m. Dec. 18, 1899, by the Village Council
for $5,000 5^ 20year waterworks and electric-light bonds.
Securities are in denomination of $500, dated Dec 18, 1899.
Interest will be payable semi-annually.
certified check
for $200 will be required.
Lancaster, Ohio. Bonds Defeated.— At a recent election
a proposition to issue $5,000 cemetery bonds was submitted to
a vote and defeated.
—
A
Lima (Ohio) School District— Bond
f?a?e.-
On Nov.
27,
5% bonds were awarded to the First National
Bank of Lima at 110*006 an interest basis of nearly 3*52^.
Following are the bids
1899. $15,000
—
:
First National Bank, Lima...?16,501 00
R. Kleybolte & Co.. Cincin.. 16,41100
Seasongood & Mayer. Cincin. 10,279 50
Feder, Holzman & Co.. Cin...
Meyer & Kiser. Indaanapolve
16,-24G50
16,120 60
Denison, Prior & Co., Cleve.. 16.108 00
Spitzer & Co., Toledo
16,067 00
We
—
[Vol. LXIX.
S. Kuhn & Sons, Cincinnati. $16,050
16,990
City Bank of Lima
Briggs, Todd & Co.. Cincin.. 16,900
New First Nat. Bank. Colum. 15,750
First Nat. Bank. Barnesville. 15,750
W. J. Hayes & Sons, Cleve. 15.731
.
00
.
00
00
.
00
00
OO
and
Securities are issued under authority of sections 3993
They are in denomination of
3994, Revised Statutes of Ohio.
Interest will be payable semi$1,000, dated Nov. 27, 1899.
annually and the principal will mature $1,000 yearly on
September 1 from 1900 to 1914, inclusive.
Livingston, Alout. Bond Election Proposed. The City
Council is considering a resolution to submit the question of
issuing $100,000 bonds for the purchase of the water works
plant to a vote of the people.
Logan County, Ohio.— Bond Sale.—Oa Nov. 28, 1899, the
People's National Bank of Bellefontaine was awarded the
$5,000 5% pike bonds at 104'65 and the $4,500 5% bridge bonds
at 109'56.
Following are the bids
Pike Bonds
Bridge Bonds.
—
:
Bank of Bellefontaine
People's National
$5,232 63
6,133 00
5,128 .30
5,120 00
C. S. Seitz, Tiffin
& Mayer, Cincinnati
Feder, Holzman & Co., Cincinnati
Lamprecht Bros. Co., Cleveland
W. J. Haves & Sons, Cleveland
T.J. Deavitt
Seasongood
5,0820)
6,08100
6,061 00
$4,930
4,H00
4,788
4,797
4,£87
4.586
4,700
34
00
90
50
75
00
00
The pike bonds mature $500 each six months from July 1,
1, 1905, and the bridge bonds $500 each six
months from Jan, 1, 1904, to Jan. 1, 1908. inclusive. For further description of bonds see Chronicle Nov. 11. p. 1026.
Lowellville, Ohio. Bonds.4w</iort2;ed.— The Village Coun1900, to Jan.
—
has authorized the issuance of $8,000 6^ electric- light
bonds. Securities were voted at the election held Nov. 7,
1899.
Interest will be payable April 1 and October 1 at the
First National Bank of Youngstown. Principal will mature
$500 yearly on October 1 from 1901 to 1916, inclusive. Bonds
will probably be advertised for sale this month,
Lyun, Mass. Loan Proposed A temporary loan for $60,000 for current expenses is being considered.
Madison, County, Texas.-Bonds Approved.— The Attorney-General on Nov, 20, 1899, approved for registration an
issue of $23,000 refunding court-house bonds of this county.
Manistee, Mich.— Bond Sale.—Oa Nov. 28, 1899, the $100.000 4% water- works bonds were awarded to Denison, Prior &
Following
Co., Cleveland, at 100"35 and accrued interest.
cil
—
are the bids
:
Denison, Prior
&
Spitzer
&
Co.,
Co..
100'36
101-87
Cleve
Toledo
W.J. Hayes &
lOO'SO
Sons, Cleve
Co., Cleve.... lOO'OO
Lamprecht Bros.
These bonds are part of an issue of $130,000, maturing
\000 yearly on October 2, of which $30,000 was turned over
to the water company at par. The bonds awarded to the
Cleveland firm mature in the years 1901, 1903 and from 1905
to 1912, inclusive. For full description of these securities
see Chronicle Nov. 25, p. 1117.
Mason, Ohio.—Bond Sale.— The highest bid received on
Nov. 27, 1899, for $1,500 5% street-crossing and street-improvement bonds was 105 from the Mason Bank of Mason. Following are the bids
$1 ,607 60
Mason Bank, Mason
$1,576 00 Spitzer & Co., Toledo
:
Feder.
Holzman &
Co.. Cincin. 1,526 76
Meyer
,t
Kiser, Indianapolis.. 1,50125
Seasongood & Mayer, Cincin.. 1,512 75
Middlesex County, Mass.—Bond Sale.—Oa Nov.
25, 1899,
the $12,000 3%% 1-4-year (serial) school notes and $10,000 S^%
1-5-year (serial) hospital notes were awarded to Perry, Coffin
Burr, Boston, at 100-61 and 100*72, respectively. The
other bids received were for the entire issue, as follows
100-20
Blodget, Merri tt & Co., Boston 100-423 Blake Bros. & Co.. Boston
100078
100342 R. L. Day & Co.. Boston
Parkinson & Burr, Boston
&
:
.
.
December
THE CHRONICLE.
3, 1899.]
MiddletowD, Ohio.— Bond
Offering,
—Proposals will be re-
1161
the $1,300 &% 1-7-year (serial) bonds mentioned in the
Chron-
by Frank Stevens, City icle Nov. 11, 1899.
Ozaukee County, Wis. Bonds Authorized.— The County
Clerk, for $25,000 park bonds.
Board on Nov. 24. 1899, authorized the issuance of $30,000 4^
The official notice of this bond offering loill be found among 5-20-year court-house bonds.
Poleta School District, Inyo County, Cal.— Bond Sale.
the advertisements elsewhere in this Department.
Mingo Junction (Ohio) School District.— Bonds De- The County Treasurer has sold an issue of $400 8% 4-7-year
district.
feated.— At an election held on Nov. 27, 1899, a proposition (serial) bonds of this
Following are the bids received
Pomeroy.Ohio.—Btds,—
bonds
was
submitted
to
the
people
issue
and
deto
$5,000
ceived until
12 M. Dec. 12, 1899,
—
feated by a vote of 227 to 62.
Bond Sale.— On Nov. 6, 1899, W. J,
Moore County, N.
Edwards of San ford, N. C, purchased at private sale an issue
of $7,000 5% refunding bonds at 102. Bonds mature one
yearly, beginning in 1907.
C—
Newell, Bnena Tista County, Iowa,— Bonds Fofed.— This
place has voted in favor of issuing $8,000 water-works bonds.
Full details of this issue have not yet been determined
upon,
Newton, Mass.— Bond Sale.— On Nov.
4% 40-year street bonds were awarded
Boston, at 118 '76
ing are the bids
—an interest basis
28, 1899,
the $63,000
&
to E. H. Gay
Co.,
of about 3 17^. Follow-
Nov. 21, 1899, for the $6,000 pavine bonds :
$H,036 -25 P. Kuhn & Sons (Ss)
New First Nat. B'k (4s)
$6,294 00
Seasongood & Mayer {i^»).. 6,153 69 W.J. Hayes & Sons (5s).6,082 80
6,127 00 Lamprecht Bros. Co. (68)
6,4W5 00
Spitzer & Co. (4^8)
Feder, Holzman & Co. (4^s).. 6,025 CO Denison, Prior & Co. (68)
6,425 00
As stated last week, bonds were awarded to the New First
National Bank of Columbus at 100-604 for i% bonds.
Ponca, Okla. Bonds Voted. This city recently voted to
issue $25,000 water-works bonds.
Port Clinton, Ohio.— Bond Sale.— On Nov. 18, 1899, the
I
|
I
—
87,400 5% 2-21 -year (serial) and $2,500 5% 2-11-year (serial)
street improvement bonds were awarded to the GermanAmerican Bank of Port Clinton at 101*38. For full description of bonds see Chronicle Oct. 28, p. 925.
Port Gibson (Town), Miss.— Bond O^eringr.- Proposals
] 18-76"
Adams & Co., Boston
116'28
E. H. Gay 4 Co.. Boston
11807ft Estabrook & Co., Boston
11(5-27
K. L. Day & Co., Boston
K. H. Rollins & Sons. Boston... 117-T93 Blake Bros. & Co.. Boston
1 15'«5
.117-335 E. C. Stanwood & Co., Boston. ..llS'Oo
N. W. Harris & Co., Boston.
Blodget, Merrlit & Co.. Boston.. 117-U80
. .
For description of bonds see Chronicle Nov. 25, p. 1117.
Norrlstown, Pa. Temporary ioan.— This borough has
borrowed from a local bank $10,000 for 120 days.
Northampton, Mass. Temporary Loan. The City Finance Committee has authorized a loan of $20,000 in anticipa-
—
tion of the collection of taxes.
North Bergen (N. J.) School District.—Description of
Bonds.— The |6,000 school bonds which we reported last week
as having been sold to the Provident Institution for Savings,
Jersey City, bear date of Oct. 1, 1899. Interest at the rate of
5% will be payable semi-annually and the principal will mature $1,000 on April 1 and October 1 in the years 1920, 1921
and 1922. Bonds were authorized at a special meeting of the
legal voters of North Bergen Township held August 23, 1899.
Orland School District, Glen County, Cal. Bond Offering.— Pioposa^s will be received until 2 p. m, Dec. 4, 1899, for
will be received until 8 p. m, Dec. 11, 1899, by Maurice Cahn.
City Clerk, for $7,500 6% funding bonds. Interest payable
annually. According to the official advertisement the principal will mature $100 on Jan. 1, 1905, and the balance in 20
years from date of issue.
Bamsey County (P. 0. Devil's Lake), N. Dak. Bond Offering.— FnrtheT details are at hand concerning the bonds being
offered by this county. Proposals will be received until 13
M. Jan. 2, 1900, by Emil S. Eich, County Auditor, for $30,000 i}4% refunding bonds and $5,000 i]4% funding bonds. Securities will be in denomination of $l,0UO, dated March 19, 1900;
interest will be payable semi-annually. Principal will mature March 19, 1920. Bonds are issued pursuant to Article
Pro17, Chapter 26, Revised Codes of North Dakota, 1895.
posals must be accompanied by a certified check for 10^ of
the par value of bonds bid for, and each successful bidder
will be required to furnish the necessary blank bonds and
coupons in accordance with the law above referred to. The
official circular states that the county has never defaulted in
the payment of its obligations.
MMVESTjyilEjSITS^
City of Middletown,
Town of West Hoboken,
Hudson
Co., N.
J.,
Street Improvement Bonds.
0.,
Park and Park Improyeiuent Bonds.
Sealed proposals will be received at the oflSce of
the City Clerk of Middletown, Ohio, until 12 o'clock
noon, of Tuesday, the 12th day of December. A. D.
1899, for the purchase of $25,000 worth of Park and
Park Improvement Bonds.
Thousand Dollars Street Improvement Bonds of
said town, to be issued under the authority of the
Act of the Legislature of the State of New Jersey,
entitled " An Act providing for the formation, establishment and government of towns," approved March
7, 1S95; said bonds will bear interest at the rate of
four per cent per annum, payable semi-annually, and
may be either registered or have coupons attached
for the payment of each half-year's interest at the
option of the purchaser, and will be in denominations
of one thousand dollars each the said bonds will be
delivered on the second day of January, one thous;
and nine hundred, and will mature on the first day
of January, one thoiisand nine hundred and ten.
The bonds will be sold to the person or corporation offering terms most advantageous to the town.
Each proposal must be accompanied by a deposit
of two per cent of the amount of the bid, which deposit may be either in money or certified check to
the order of the Town Treasurer, for which deposit
the receipt of the Town Treasurer will be given the
;
deposits of unsuccessful bidders will be returned
Immediately after the award is made the deposit of
the successful bidder will be retained and applied as
part payment of the purchase price, or in case of
failure to complete the purchase within the prescribed time the bonds will be again advertised for
sale and all costs and expenses attending such re-advertlsing as well as any deficiency of price arising
on the re-sale of the bonds will be retained and deducted out of such deposits. No proposal will be received after the Council has proceeded to open and
read the proposals submitted. No conditional proposals will be received.
All proposals that do not comply with the terms
stated herein will be considered informal and will
REFUNDING BONDS.
SVz^
PRICE AND DESCRIPTIVE CIRCULAR UPON
APPLICATION.
EAST THIRD
Rutland
Hudson Oountv, N. J. Gas Co.
NASSAU
1
ST.
EDWD.
C.
DlIE
JONES & CO..
E. H.
NASSAU STREET.
421 CHESTNUT ST.
19
NEW
YORK,
PHILADELPHIA,
1
Government
SOLD.
APPRAISEMENTS MADE OR QUOTATIONS
FURNISHED FOR THE PURCHASE, SALE OR
EXCHANGE OF ABOVE SECURITIES.
LISTS ON APPLICATION.
W. HARRIS &
NASSAU
ST. (Bank
1,
1941.
ROLLINS & SONS,
Perry, Coffin
ot
Burr,
6o State Street,
BOSTON.
Commerce Bldg.)
NEW YORK
BANKERS/
DBALBR8
&
INVESTMENT BONDS,
CO.,
ADAMS & COMPANY
CITY
SfOX-TAXABLE
IN
3}i%
INVESTMENT BONDS.
Members
JULY
MILK STREET, BOSTON.
BANKERS,
;
Co.
and
Municipal Bonds
BOUGHT AND
Railroad
First Mortgage 4:^% Gold Bonds,
50-Year Gold 5 Per Ce
Bonds at 105 and Interest.
First Altge.
13
ST.
OFFER, SUBJECT TO SALE,
8100,000
N.
CO.,
NEW yORK,
CINCINNATI, OHIO,
35
WE
&
BRIGGS, TODD
FRANK STEVENS,
City Clerk.
Sealed proposals will be received by tbe Town
Council of the Town of West Hoboken at the Town
Hall, Clinton Avenue, corner of Charles Street, in
said town, on Wednesday evening, December sixth,
one thousand eight hiindred and ninety-nine, at
eight o'clock, for the purchase of Seventy five
NE W LO AN.
$320,000
FORT WAYNE, INDIANA,
BONDS.
SEND FOR CIRCL'LAR.
of Boston Stook Bzohange.i
be rejected.
Dated November
By order
of the
No. 7 Congresg and 31 State Streets
16, 1899.
Town CouncU.
JOHN
P.
McMAHON.
Town Qerk.
BOSTON.
Farson,
33
Leach
NASSAU STREET,
&
Company
NBW YORK
THE CHRONICLE.
1162
Saint Croix County, Wis.— Bontfo Voted.— At an election
held on Nov. 21, 1899, the issuance of |50,000 bonds for a new
court house was authorized.
Sandusky, Ohio.— Bond Offering. Proposals will be received until 12 M. Dae. 30, 1899, by A. W. Miller, City Clerk,
Securities will be
for $10,000 4% sanitary refunding bonds.
in denomination of $500, dated Jan. 1, 1900; interest will be
payable semi-annually at the City Treasurer's office. Principal will mature $2,000 yearly on January 1 from 1902 to
—
Proposals
1906, inclusive.
check for $1,000.
must be accompanied by a
certi-
fied
Saranac, Mich.— Bond Election.— An election will be held
in this village to vote on the question of issuing bonds for a
water-works system.
Sault Ste. Marie, Mich. Bond Sale.— We are advised that
this city has sold $13,000 4^ city-work bonds. Securities will
mature $2,500 yearly from 1904
to 1908, inclusive,
and $500
in 1909.
Schenectady, N. Y.—Note Sale.— On Nov. 24, 1899, this city
to the Schenectady Savings Bank at 101-130 eight
promissory notes (amounting in the aggregate to $9,473 36),
issued for part payment of certain street improvements.
Following are the bids
awarded
:
Premium.
Premium.
$1184
$107 64 S.A. Kean, Chicago
Schenectady Savings Bank
25 57 W. J. Hayes & Sons, Cleve
I. W. Sherrlll, Poughkeepsie. ...
p. M. Dec. 4, 1899, by E. F. Allen, City Treasurer, for $279,000 4% local improvement bonds. Interest will
be payable June 1 and December 1 at the Union Trust Company, New York City, and the principal will mature six
ceived until 3
posals will be received until 12 m, Deo. 27, 1899. for $16,000 4%
30-year refunding water bonds. Securities will bear date of
Jan. 1, 1900. Interest will be payable semi-annually at the
Citizens' Bank, Toronto.
D. O. Ault is City Clerk.
Tower, Minn.— Bond Sale.— On Nov. 14, 1899, this city sold
at par the $3,000 5^ 2-4-year (serial) electric-light bonds mentioned in the Chronicle October 21. Bonds were taken
$2,0C0 by Henry Kellow and $1,000 by Fred. Williams, both
local investors.
Trenton (Mich.) School District.— Bonds Voted and Sold.
—This district recently voted to issue $10,000 school-house
bonds, and sold the same on l^v. 20, 1899, to a Detroit investor at a discount of $300.
Warren County, Miss.— Bond Safe.— On Nov.
&
&
Wellston, Ohio. Bond Offering.— Pro-posals will be received until 12 M. Dec. 18, 1899, by T. P. Wangler, City Clerk,
for $5,485 90 5% 1-10-year (serial) and $5,216 90 5% 1-10-year
(serial) street-improvement bonds.
Securities are issued
under authority of sections 2704 and 2705, Revised Statutes
of Ohio. They will be dated Dec. 1, 1899
Interest will be
payable annually at the office of the City Treasurer.
certified check for $100 will be required with each bid.
Westfleld (N. J.) School District.—Bond Election.— An
election will be held on Dec. 7, 1899, to vote on the question
of issuing bonds for a new school house.
Winona, Minn. Temporary Loan. This city has sold an
issue of $1,400 4% certificates of indebtedness— $800 to E. K.
A
—
trowbridge,
The Lamprecht
MacDonald
AND
TO NET FROM 4M TO
6%.
BROADWAY. NEW YORK.
AGENTS FOR THE
A.N€HjO-AMJERICA.N BAJfK,
l8t Nat.
Bank
&
Nuveen
John
INVESTMENT BANKERS,
Bank
MUNICIPAL
RAILROAD
CORPORATION
CO., Devitt,
60 Devonsbire St.
&
ON APPLICATION.
Bank
Co.,
Congress Street, Boston.
DUKE
M.
FARSON.
^onlolpal Bonds.
l^'J
Municipal Bonds,
la salle street,
and
IN
RAILROAD
SECURITIES.
71
BROADWAY
NEW YORK.
•
MUNICIPAL BONDS.
Stanwood
8g
Co.,
BANKERS,
Banker,
SPITZER &
BANKERS,
CHICAGO.
MUNICIPAL
121
Devonshire Street,
BOSTON.
C. R.
CO..
COODE&CO.
HIOH-GRADE ^VARRANTS
Netting from 4 to
CHICAGO.
STATE, CITY & RAILROAD BONDit
171
DEALERS
Dearborn 8tre»i
[Established 1871.1
R.FULTON & CO.,
CO.,
Whann & Schleslnger,
Securities Netting from 3>^ to Si
15 Wall Street, New York.
F.
City,
53 Broadway.
having a Cleveland market bought
sold.
MUNICIPAL BONDS.
BANKERSIS
197 Superior Street»
liAMPRECHT BROTHERS &
E. C.
CHICAGO.
Send for oar Investment CIronlar.
&
and
Bnlldlng,
ALWAYS ON HAND.
Blodget, Merritt
•
securities
Co.,
MUNICIPAL BONDS.
BONDS.
^^^*-'^»
Street Railway and Gas Companies.
New York
solicited.
Tremble
First National
Choice Isauea.
L.I8T
Cleveland, Ohio.
Bailding, Chicago.
Correspondence
Reftrenee, First National Bank, Chicago.
BOSTON,
Monadnock BuildiDK.
BONDS.
Co.,
BANKERS
CHICAGO,
MUNICIPAL
Members New York and Chicago Stock Exchanges.
Ist National
Charing Crota, Liondon.
CHICAGO
Bldtir.
MUNICIPAL BONDS.
ltd.,
MASON, LEWIS &
Co.,
AND OTHER HIGH-GRABE
>* 11
CO.,
BANKERS,
71
Bros.
EASTERN BRANCH:
correspondence; solicited.
WHITE &
the
103-16,
& NiVER Co.
CORPORATION
MUNICIPAL BONDS,
BONDS
C. H.
6, 1899,
$4,200 6^ 5-20 year (optional) bridge bonds were awarded to
Shelton
Brunini of Vicksbarg at 105*10. The only other
bid received was that of Seasongood
Mayer, Cincinnati, at
INVESTMENTS.
INVESTMENTS.
MUNICIPAL,
RAILROAD
bonds of $5,000 each and one bond of $1,000 yearly on December 1 from 1900 to 1908, inclusive. Securities will be dated
Dec. 1, 1899, and are issued pursuant to Chapter 329, Laws of
1895, as amended by Chapter 661, Laws of 1898, and a resolution of the Common Council adopted Nov. 14, 1899.
Toledo, Ohio.— Bond Sale.— On Nov. 24, 1899, the $15,000
S% 20-year general fund refunding bonds were awarded to C.
S. Seitz of Tiffin at par less §200 for an attorney fee, which
makes the sale on a basis of about 3*09^. For description of
bonds see Chronicle Nov. 4, p. 977.
Toronto, Jefferson County, Ohio.— Bond OjfcriMflr.— Pro-
3 64
Notes bear date of Nov. 24, 1899; interest at the rate of 4%
will be payable annually at the City Treasurer's office. Four
of these notes, to be known as the " Germania Avenue pavement notes," will mature $1,168 58 yearly on February 24
from 1901 to 1904, inclusive. The remaining four, to be
known as the " Clinton Street pavement notes," will mature
$1,199 76 yearly on February 24 from 1901 to 1904, inclusive.
All of said notes are issued under and in pursuance of Section 62, Title 7, Chapter 395, Laws of 1862, as amended by
Chapter 294, Laws of 1890, and Chapter 31, Laws of 1895.
Steelton, Fa.— Loan Authorized.— The Borough Council
has authorized a loan of $5,000 for current expenses.
Syracuse, N. Y. Bond Offering.— PropoaaAs will be re-
LXO.
[Vol.
15
§^.
WALL STREET NEW YORK.
WE DEAL
IN
and WESTERN
SOUTHERN
SECURITIES
Dealers in High-&rade
ROSENBERGER & LIVERMORE,
(Specialists in Texas Investments),
FORTY WAL.L. STREET, NEW YORK
Investment Securities,
WM. FRANKLIN HALL,
Making a
Specialty of
Western Municipal Bonds.
20 NASSAU STREET, NEW YORK.
Spitzer Building, Toledo, Ohio.
Accountant,
BOSTON, MASS.
'"saltl^e^s'ireit""'
Books audited. Examinations and investigations conducted with the utmost
care and efficiency.
December
2,
THE CHRONICLE.
1899.]
Loan
Tarbell and $600 to John Dietz.
mature April
will
INTEREST on the funding bonds
other bonds at Devil's Lake.
7,
1900.
Zanesvllle, Ohio.— Bond Sale.— Oa Nov. 25, 1899, the $11,500 5^ 1-10-year (serial) paving bonds were awarded to The
People's Savings Bank, Zanesville, at 108'091 an interest
basis of about ^•%l%i.
Securities are dated Sept. 1, 1899;
interest will be payable March 1 and September 1 at the City
Clerk's office.
Red Win^, Minn.— W.
E. Akins, Auditor.
County seat is Cleveland. The State Supreme Court lias declared
Illegal an Act passed April 27, 1893, authorizing the issuance of bonds
by a county containing a city of the flrst class, second grade, for the
purpose of building an armory in such city. Under this decision the
armory bonds included below are illegal, but under a law passed by
the General Assembly in 1899 the holders of bonds may bring suit for
reimbursement. See Chronicle, V. 69, p. 1025.
.
%
Nuffield,
.
Owyhee County, Idaho.—
Net debt Oct. 1, 1899.... $104,727
1907 to 1917 Tax valuation 1899
1,506,818
Assessment about ^ actual value.
($6,100 yearly on Jan. 1.)
Bonded debt Oct. 1, '99. ..$61,000 State & Co. tax (per M) '99.$2100
Floating debt
83,335 Population in 1890 was
2,021
Total debt Oct. 1, 1899.. ..144,335 Population in 1899 (est.) .... 6,000
Sinking fund assets
39,608
Ramsey County, No. Dak.— Emil S. Eich, Auditor County
seat is Devil's Lake.
When Due. Total debt
$94,887
LOANS—
Funding Bonds1 5,000
Sinkin g fund assets
7s, Mar. 20, $15,000.Mar. 20,1900 Assessed valuat'n, real.. 1,769, 591
eiflS, M&S,
18,000.Sept. 1, 1902 Assessed valuation, pers. 1,006, 860
M&S,
5,000.Mar. 20,1910 Assessed valuation 1899.2,776,451
68,
M&N, 18,000.May 1, 1915 Assessment about Sg actual value.
....
Seed Grain BondsState & Co. tax (per M) •99.$17-60
Mi9&S,$30,000.Mar. 19,1900 Population 1890 was
7s,
4,418
Bonded debt Oct. 21, '99. $86,000 Population 1880 was
281
Floating debt
8,887 Population 1899 about
8,000
LOANS—
Highway
48,
48,
Imp.
A&O, 39,000
1,1912
1,1916
Apr. 1, 1917
Feb., 1910
A&O,
F&A,
M&S,
A&O,
Acting President,
Vice-President,
A. NASH,
Chief ConsultiDK Auditor
AUGUST BELMONT.
WILLIAM
Manager,
THOMAS
L.
STEPHEN LITTLE.
GREENE,
Consulting Engineers,
WM. BARCLAY PARSONS
F. S. PEARSON
FORD, BACON & DAVIS.
CITY PROPERTY.—The
EDWARD
PERINE.
DIRECTORS:
Ansnst Belmont,
Frederic P. Olcott,
James Stlllman,
WliUam A. Nash,
Joseph S. Auerbach,
George G. Hayec,
George
T.
eminent
A. J. Cassatt,
Marcellus Hartley,
Charles R. Flint,
George Coppell
G. B. M. Harvey.
John
I.
Louis Fitzgerald,
write us for
We
will send
you
HoLYOKE. Mass..
Waterbury,
150
DuANE
St..
TRAiy§IfIISSIO]V
oa
The Audit Company examines and reports on the
accounts and financial condition of corporations,
eopartnershlps, and individuals, and examines and
reports upon the physical condition of railroad, manufacturing and other propertlas.
Its services are of value to Investors, financial institutions, borrowers of money, directors of corporations, merchants, firms, and purchasers of properties
New York
J
S
H
OQ
sgJs^
D T SPECIALTIES.
A
»
CO
1.
THE AMERICAN
MANUFACTURING
COMPANY,
63 WAIjTj street,
SECURE BANK VAULTS.
$41,000,000
in
NEW
TOJRK.
Dividends paid out on
UTAH MINING STOCKS.
Weekly Market Report on
GENUINE
Bemid and
application.
Quotations
Flat Bars and 5-ply Plates and Anelee
Ac.
drilled, and positively
^'
Burglar I'roof.
CHROME STEEL WORKS,
fnves^me^t'Blnkir^,®- Salt Lake City, Utah,
Kent Ave. Keap and Hooper
Bole Man'f 'ers in the U.
S.
Max
Sts.,
BROOKLYN.
B. Borg,
BROKER
N.»
40
IN
LIBERTY
BONDS.
INVESTMENT SKCDRITIES,
EXCHANGE PLACE. NEW YORK,
NEW YORK.
ST.,
$1,500,000.
Allows interest on deposits subject to
checK and transacts all Trust Company
business.
EXECUTIVE COMMITTEE:
Frederic P. Olcott.
Jainej4 Stillman,
Angrastos D. Jailliard, James N. Jar-vie,
Frederick Sonthack, Hngh J. Grant,
Henry Morgentliaa.
INTERNATIONAL
Banking
&
OFFICE,
Trust Co.
NEW
YOEK,
Capital, - $1,000,000 Surplus, - $500,000
Transacts a Domestic and Foreign Banking and
T^u^t business. Buys and Sells Foreign Excnange
and issues Commercial and Travelers' Letters of
Credit payable in all parts of the world.
1899
1850.
The United
States
Life
Insurance Co.
IN THE CITY OF NEW YORK.
All FoIIcIm now lasned br this Company
••ntain the following clause
**After one year from the date ot iaane« tii»
llaMlltr ot the Company under this polley
shall not be disputed."
Dnrtns 1898 the Company made material
Increase In Income, assets and surplusi anil
can thus claim a substantini gain in the
most Important elements ot safety and proK^resa.
All Death Claims paid WITHOUT DISCOUNT as soon as satisfactory proofs hav»
been received.
Active and Successful Agents, vHshing to repre$ent this Oompany, may communicate roith
BJOHARDE. OOOHJiA\, 3d Vice-President,
t
at the Home Office, ati Broadway, Neva York.
omcsaa:
BURFORD
WILLIAMS
GEORGE
QBa
G.
H.
C. P.
FOR SAFES, VAULTS,
Cannot be Sawed, Cut, or
65
FRALKIGH
RICHARD E. COCHRAN
by wire or mail,
WELDED CHROME STEEL AND lEON
1899 •wned public buildings and
Capital and Surplus,
ROPE.
CORDAGE
M
M
TO
HEAD
WHITINQ PAPER COMPANY
Charles 8. Fairchlld,
Gustav. E. Kissel,
Isaac N. Sellgman.
E. R. Chapman.
Henry W. Poor,
Insurance
a pamphlet on the subject free.
W. Young.
AND
ADVISORY COMMITTEE OF STOCKHOLDERS.
W. Bayard Cutting
T. Jefferson Coolidge, Jr.,
Walter G. Oakman.
A. D. J nilliard,
Banks,
office
59
So do the
They are made in tints
recommended for the eyes by
oculists.
.
Central Realty Bond and
Trust Company,
Government
For account books they are
especially
.
MISCELLANEOUS.
unequaled.
Secretary and Treasurer,
city in
1890 was
20,793
1880 was
13,940
1899 (est.) .30,Q00
exempt from taxatibn*
in
in
in
available assets amounting to $115,386 21.
Linen Ledgers in your
samples.
I
1
you are not using Whiting'
If
Oct.
Oct.
I
Companies and Mercantile Houses everywhere.
Street-pav. loan (add'l)
104,636
Total debt Oct. 1, 1899.
288,636
Sinking fund assets
14,509
Tax valuation 1899 12,453,000
Assessment about 23 actual value.
Total tax (per $1,000) '99... $20-50
40,000
17,000
10.000
Sept.1,1915 Population
Oct. 1, 1911 Population
27,000
Population
Interest is payable at York, Pa.
TAX FREE.—All of the above securities are
48,
48,
48,
48,
States
Railroads,
in
Brant, Mayor; Henry W. Eisenhart,
the capital of York County,
When Due. Bonded debt Oct. 1,'99, $184,000
Bonds—
4s,A&0, 30,000
uses the Whiting Papers.
leading
is
is
July 1,1914
The Audit Company
Broadway
This town
W.
J&J, $21,000
THE
120
1.
Total debt Sept. 12,1899 $55,610
Assessed valuation IS99.2,426,000Tax rate (per Sl.OOO) 1897.$10-0O
Population 1890
3,169
Population 1898 (est.)
3,200
7,000
5,000
York
Comptroller.
MISCELLANEOUS.
Equitable Building,
May.
L. Loomis, Clerk
38,ll.->
Townnote8,4%
York, Pa.— Chas.
MISCELLANEOUS.
OF NEW YORK,
Tot:il rtein
$5,495
Town notes, 5%
J&J, $61,000
I
,
Conn.— Wm.
Townnote, 6%
Town notes, 413%
Fdnding Bonds—
United
1902
1917
Interest payable at
LOANS-
seat is Silver City.
68,
Water Works—
Hartford County.
County
L. Ballard, ^Auditor.
is sit-
—
Rocky River Bridge—
M&N, $150,000... Nov. 1, 1904
Total debt Sept. 1,1899.. $54 5,000
Tax valuation, real. .119,370.190
Tax valuation, pers'al 43,611,825
Total valuation 1898.162,982,015
Assessment about
actual value.
State & Co. tax (p. $1,000) '9 9. $6 60
Population in 1890 was. .309,970
Population in 1897 (est.). .375,000
Brooklyn Bridge—
5s, A&O, $1 10,000. Apr.l,'190O-'O3
Chagrin River Bridge58, A&O, $50,000
Oct. 1, 1905
58, A&O, 10,000
Apr. 1, 1906
This city
on
|
So.
5s,
Paul, Minn.;
St.
Red Wing.
1899. $178,000
1900 Tax valuation, real
1.405,945
1901 Tax valuation, personal. 551,861
Total valuat ion 1899 .... 1 ,957,806
48, Jan. 1, $18,000. . . .Jan. 1, 1909
Assessment about ^ actual value.
Refonding Bonds—
City tax (per $1,000) 1898. .$12-25
July 1,1918 Population in 1896 about .. .7,600
4s, J&J, $5,000
Population in 1890 waa
6,294
The city's assets on May 1, 1 899, amounted to $299,250, including
the water-works, valued at $110,000, and stock in the Red Wing 4
Trenton Transit Co., valued at $25,000.
Salem,* Ore. This city is in Marion County.
When Due. Bonded debt Oct. 2, 1899. $220,181
LOANS—
Floating debt Oct.2, 1899
Funding Bonds (gold)—
13.000
1914 Total debt Oct. 2,1899.. 233,181
semi-an., $60,000
A&O,
65,000. .Oct., 1909 Tax valuation 1898
48,
1,961,801
(Subject to call before maturity.) Total tax (per $1,000) '99... $38-00
Street Improvement Bohds— Population in 1890 was
10,000
Population 1899 (est.)
6s,
13.00<>
,$6,181
STATE AND CITY DEBT CHANGES.
.July 1, 1918
Optional after July 1, 1903.
payable at
July 1,
5s, J&J, $80,000
(.85,000 due yearly) to July 1,
1902
1913
July 1,
J&J, $60,000
($5,000 due yearly) to July 1,
Minn. Cent. RR. Bonds—
July 1,
68, J&J, $10,000
($5,000 due yearly) to July 1,
R. W. & Iowa Ry. Bonds—
58,
Cayahoga County, Ohio.— A.
When Due.
is
E. Taylor. Clerk
uated in Goodhue County.
When Due.
LOANS—
Bridge Bonds—
—
LOANS.
Armory Bonds.—
58, MAN, $225,000.
1163
WHEELWRIGHT
KENWA
WILLIAM T. 8TANDEN
ARTHUR C. PERRY
JOHNP.MUNN
A.
J.
L.
President
Vice-President
2d Vice-President
3d Vice-President
Secretary
Assistant secretary
Actuary
Cashier
Medici Director
riNAKOK COMMITTKX
GEO. G. WILLIAMS
Pres. Chem. Nat. Bank
JOHN J. TUCKER
Builder
E. H. PERKINS, JB...PreB. Imp. 4 Traders' Nat. Bk
:
JAMBS R. PLUM
Leatter
THE CHRONICLE.
1164
\KVihtxs atid '§xo^tv$
®ut
PHILADELPHIA.
&
Co.,
BONDS,
Bartlett, Frazier
stocks. Grain
&
Co.,
Kew
§treet,
PROVISIONS and COTTON.
WESTERN UNION BUILDING,
128-148
JACKSON
Private wires to
New York.
•
STAHL & STRAUB,
BANKERS
AND BROKERS,
all
CHICA60.
ST.,
principal market«.
&
113-117 L.A
169 L.A 8AL.L.E STREET,
PrlTate wire to
Co.,
SALLE STREET,
CHICAOO,
III*.
Philadelphia.
L. Lobdell,
&
P. Odell
CHICAOO.
Co.,
Gas, Street Rail^vay and other High-Grade
Corporation Securities.
PITTSBURG.
SOUTHERN.
&
Co.
Wm.
&
CO RBB8PONDENTB
of New York, N. B. A.
of Philadelphia.
&
Whitney
&
Boiling,
BANKER,
1871.
Stephenson,
&
Co.,
NORFOLK, VA.
SOUTHERN INTESTMENT8.
Davenport & Co.,
BANKERS AND BROKERS,
ST. LOUIS.
KOTANY,
409 Olire Street,
-
St. Louis,
BROKER AND DEALER
ST. LOUIS
RICHinOXD, TIRGIIVIA.
ESTABLISHED
Mo.
IN
Whitaker
BOND AND STOCK BROKERS,
300 North Fourth
Street,
ST. LOUIS.
CHRONICLE VOLUJTIES FOR SALE.
1866 TO DATE.
\riLLIAin B. DANA COOTPANY,
PINE,
ST..
John W. Dickey,
Long Distance Telephone.
CINCINNATI.
W.
E.
&
Hutton
Co.,
13 and 15 East Tliird Street,
CINCINNATI, OHIO.
GOVERNMENT,
f
BONDS.
MUNICIPAL,
RAILROAD,
INDUSTRIAL.
Seasongood
S.
W.
CORNER PEARL ST., NY.
AUGUSTA, GA.
SOUTHERN SECURITIES.
READE & BOWLER,
&
Mayer,
Corner Third and \¥alnnt Street*.
CINCINNATI, OHIO.
MUNICIPAL BONDS.
Hlgh-Grade
City, County,
Town and
School Bondf,
Issued In leading prosperous States of the Union, e»peclally adapted tor safe and permanent Inyestment
For Estates and Trust Funds.
Irwin, Ballmann
&
Co.,
Brokers and Dealers In
Cincinnati Bonds and Stocks,
37 East Third
St.,
Cincinnati, Ohio.
PACIFIC COAST.
Edwabd Poli,it«
St. Ooar,
Members Stock and Bond Exchange.
HBNBY
Edward
BROKER,
CHARLES HODOMAK.
& Hodgman,
1860.
Correspondence solicited and information furnished about Southern State, Municipal and Railroad Investment Securities.
Reference— Bank of New York, N. B. A.
BONDS AND STOCKS,
EDf^AROS WHITAKEB.
PHILADELPHIA.
YA.
Members N. Y. Stock Exchange.
i-_
M.
SzclwngeB
and iDvestment Secorities,
702ifl & 703 GIRARD BUILDING,
Broad and Cheatnut Streets,
Bankers and Brokers
FOURTH AVENUE.
Oldest Pittsburg
eitook
Stocks, BoDds
BANKERS AND BROKIDRS.
No. 209
New York
and
Members Philadelphia Stock Exchange,
Co.,
Wyndham
Mottu, de Witt
PITTSBURG, PA
ESTABLISHED
Pblla.
York.
Bank
Bank
""KILADELPHIA.
Memoeri
1867.
Southern Securities,
Tir^inia-Carolina Chemical Co. Stock.
REFERENCE—Mechanics' National Bank. New
PITTSBURG, PA.
Co.,
CLARK & HOLDEN,
"
RICHMOND,
&
Smith
(tOUKSB HiaiLOIHA.
oegotlated.
Sons,
B.
100.
BANKERS AND BROKERS
Exceptional facilities for dealings In all classes o)
3oathern Bonds. Loans on Collateral Seonrltiw
BANKERS.
rirst National
Edward
BANKERS,
PITTSBURG EXCHANGE (8 MBMBBBS),
CHICAGO STOCK EXCHANGE.
CHICAGO BOARD OF TRADE.
Co.,
SUBSCRIPTION PRICKS.
916 East Baltimore Street, Baltlmor*.
InTestment and Mlscellaneons Securities a ipeo
taltr, and whole issues handled.
NEW YORK STOCK EXCHANGE.
PHILADELPHIA STOCK EXCHANGE.
&
G. Hopper
28 South Third Street, Philadelphia
BONDS ADVERTISED on the market lappUed »t
Members of Baltimore Stock Exchange.
mifBIRS or THI
New
G. UuFPBii..
H. a. HOPPIK,
Members of Philadelphia Stock Exchange.
Established 1808.
Wilson, Colston
FOURTH AVENUE,
PITTSBURG, PA.
Ti
N. Holmes
WiLLLAM Wilson & sons.
Wilson, Colston & Co.,
In-
W
CHICAGO.
PRIVATE WIRES.
Henry Sproul
ADow
York Stook
Exchanges, and connected bv pnyate wire with
York.
BANKERS & FINANCIAL AGENTS
171 liA SALLE STREET,
Banker and Brokeri
The Rookery.
J.
St.,
STOCK AND BOND BROKERS,
Stock Exchange and Chicago Board of Trade.
John
Co.,
PHILADELPHIA.
Telephone
Edwin
&
Clark
No. 139 South Foarth
IL.L..
Members New York Stock Bzohanse, Chicago
New York and
W.
E.
Transact a general banking business.
terest on deposits
Members of the Philadelphia and New
BANKKRS AND BROKERS,
Onnbers New York and ChlcaKO Stock BzohanKes,
Chloag*.
&
A. O. Slaughter
Co.,
STOCKS— BONDS,
PHILADELPHIA.
BANKERS AND BROKERS,
and Bonds Department.
lamieson
ST..
General Banking Business Transacted.
Investment Seoorltles Bought and Sold.
Interest Allowed on Deposits.
Members of Phlla. Stock Exchange and eonnected
by direct wire with New York and other points.
Special attention inylted to our Stocks
J'
CHESTNUT
607
A
9RA/Jlf,
and Provisions,
CHICAGO,
7
STOCKS AND
Board of Trade,
3
ot '^txo "^oxl^.
CHICAGO.
CHICAGO.
Schwartz, Dupee
[Vol. LXIX.
Pollitz
&
Co.,
STOCK AND BOND BROKERS.
Hawaiian Sugar Stocks a Specialiy.
403 California
Street,
SAN FRANCISCO. CAL.
Ladd
&
Tilton,
Manufacturing Properties.
BANKERS,
We buy and sell manufacturing plants and act aa
Agents for bankers in selling this class of propertj.
Appraisals and expert opinions.
PORTLAND, OREGON.
'.il6-'.217
American Trust
CLEVELAND, OHIO.
Wm.
A. Readk.
EBVABLISHBD IN
1869.
Buildlnir,
gbo. H. Bowlbb
Traneaet a General Banklns Business.
COLLBOXIONS eiTIM BriOIAL ATVMBTIOK
@FedFRASER