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Quotation
Supplement
Investors
Supplement (Q«eri,p
(nomy)
Street Kailwai|5upplement
State and City
[Entered acoordiag to Act of Congress, In the year 1899. by the William
B.
(smM^^
Supplement ^to^«>
Dasa Compaitt, in the office
of the Librarian of Congress.]
!
VOL
SATURDAY, DECEMBER
69.
Wtt
do.
do.
iiiis:
;::::::::::
Above subscription includes—
HE QaOTATION SUPPLBMENr
STREET RAILWAY SUPPLEMENT
HE Investors' Supplement
State and City Supplement
Terms of Adrertisiug—(Per Inch Space.)
ranslent matter
$4 20 Three Months (13 times) .$29 00
standing BUSINESS CARDS.
Six Months
"
(26
).. 50 00
wo Months
(8 times)
22 00 Twelve Months (52 "
87 00
I
|
.
.
.
)
London Agents:
Messrs.
Edwards &
B. DANA CO.TIPANY, Publishers,
Pine Street, Corner of Pearl Street,
Office Box 958.
NEW YORK
WII.LIAM
98,362.083
28,925.485
21,361.285
5,538,221
3,217,961
2,803,604
1,069,410
1,243,170
947,821
394,800
Pitisburjf
Baltimore
Buffalo
Washington.
Rochester
Syracuse
Scranton
Wilmington.
Bingbamton
Boston
Providence
Hartford
New Haven
Springfleld
Portland
Fall Uiver
Lowell
New Bedford
Tota New Eng.
Chicago
'
143,982,784
16.487.850
9,482,916
11,852.119
6,618.803
6,300.000
3,454,869
1,883,597
Cincinnati
Detroit
Cleveland
,
Columbus
Indianapolis
Peoria.;
The following table, made up by telegraph, etc., indicates
at the total bank clearings of all the clearing houses
of the
nited States for the week ending to-day, Dec.
23, have
»en 12,161,080,503, against $2,074,689,825 last
week and
.641,747,623 the corresponding week of last year.
Clearings.
Returns by Telegraph.
w York
1899.
P. Cent
$834,457,482
121,905,468
106,745,903
95,172,908
70,667,815
+34
16,690,S65
iladelpbia.
It'.more
21,781.968
Seven
cities, 5 days...
ler cities, 6
cities, 1
days,
10,700,415
for week.
Evansville
Vijungstown
Springfleld,
$1,189,277,435
+35-2
+18-7
169,942.341
302,883
111
412,209:
516.6521
Lexington
Akron
431,000
338,605
372,228
353,167
Kalamazoo
Saginaw
Rockford
306,524'
280.522,
Tot. Mid. West'n. 208,958,646
San Francisco
21,984,7811
Salt
282,527,847
+33-2
+24-3
$2,161,080,503
$1,641,747,623
+31-6
2,658,091
2.166,181
2,276.878;
2,102,210
1.344,998
1,077,818
922,872
550.742
185.107
Seattle
Spokane
|
Tacoma
,
Helena
Fargo
Sioux Falls
Total Paclflo
35.267,678
14,887,588
12,002,886
6,193.465
5.972,816
4,175,183
3,700,000
1,632,078
702,077
1,264.983
Kansas City
Minneapolis
Omaha
St.
*1,359,219,776
Lake City
Portland
Los Angeles
+12^
$1,809,878,216
351,202,287
day
all cities
26,311,536
$1,608,132,055
201,746.211
days
all cities, 5
123,703,419
+30-5
+6-1
+18-4
12,076,107
Orleans.
Total
6
31,163,726
Louis
Total
+43-2
+14-2
131,286,761
icago
2,228,7181
1,406,079
1,031,341
1,015.801:
Grand Rapids
Dayton
Canton
$1,194,745,117
ston
w
1898.
Toledo
Springfleld, Ohio..
Week Ending December 23.
Paul
Denver
St. Joseph
Des Moines
Davenport
Sioux City
Topeka
The full details of clearings for the week
covered by the
I3ve statement will be given next Saturday,
We cannot,
c course, furnish them
to-day, bank clearings being made
B by the various clearing
houses at noon on Saturday, and
bee in the above the last twenty-four hours of the
week
l^e to be in all cases estimated, as we go
to press Friday night.
.Ve present below our usual detailed
figures for the pre^
f<na week, covering the returns
for the period ending with
urday noon, Dec. 16, and the results for the
corresponding
• ek in 1898, 1897 and 1896 are also given.
In comparison
fth the preceding week there is
an increase
in the
Jiregate exchanges of two hundred and fifty-two
million
Jlars, the gain at New York being two
t|rty-five
hundred and
millions.
Contrasted with the week of 1898 the
whole country shows an increase of 18
3 per
Compared with the week of 1897 the current
returns
ford a gam of 47-5 per cent, and the excess
over 1896 Is 88-7
«Val
for the
».t.
P;
cent.
Outside of
New York
the increase over 1898 is 14 5
oent. The excess over 1897 reaches
IJ
332 per cent,
WWng comparison with 1896 the gain is seen to 52-2 and
be
p c
4,649,763;
;
Total Middle....
645,786,
Wichita
479.264
108,574
151.706
51,906,404
35.886.821
12.811,101
8,748,014
8 721,000
4,523,764
4,013.237
3,013.395
Fremont
Hastings
Tot. other West.
St. Louis
New
Orleans
Louisville
Galveston
Houston
Savannah
Richmond
Memphis
,
,
3,084,0681
2,163.6961
1,536,696
Atlanta
^a•'hville
Knoivllle
Fort Worth
Birmingham
Macon
Little Bock
Chattanooga
1,963,838
2,558.461
1,466.711
1,225,262
756.2771
747.8091
573,400
126.982
30,248,686
11,447,713
10,308,665
7,015.628
5,143,651
3,111,190
2,330,000
1,269.919
647,118
1,033.912
438.709
473.210
111.030
97.608
43,448.341
31,818,119
12,465,572
7,513,135
3,916,050
4,247.090
3.348.474
3.004.472
2,583,834
1,876,026
-8-4
-0-2
-9-8
+163
+14-2
+25-7
+29-3
+28-2
+14-8
-H7-8
+26-4
—191
+30
+19-4
+32
+8-3
-123
-107
+13-9
-|-14'9
+93
+32-8
-(-405
+29-6
+11-0
+17-2
+18-9
-I-13-3
+103
-11-0
+43-4
+9-7
-I-42-4
+28-4
—39-5
-(-45-8
+16'6
+300
+18-4
— 11'7
+16-1
+34-2
+57-4
+27-8
+8-5
+22-3
+4T2
+1-3
-2*2
+55-4
+19-5
+12-8
+28
+16-4
-5
-I-6-5
+19-9
.
Victoria
Vancouver
. .
1,590,121
1,676,106
1,397.051
977,854
652.780
499.5.33
129,517,180
101,301,940
13,558,200
7,181.206
7,838,765
5,967,486
3,715.400
2,820,564
1,890,549
1.575,480
1,074,658
694,724
278.426
331,970
410.578
283,700
307.298
357,000
224,086
157,585
171,283
150,139,752
16.610.135
1,388,089
1,986,942
2,498,293
1,103,947
781,426
766.248
800.000
297,384
113,330
28,145,812
10,592.053
11,687.199
5,468,661
4,740,499
2,676,407
1,413,394
1,300,000
578.002
646.987
577,123
462.448
99,017
108,313
40,800.103
29,128.069
14.004.113
6,494,138
3,875,650
4 217,107
3,157,025
-K»"3
2.8-20.057
2,746.9-^5
1,915,760
1,076,401
4-30-6
-i-2Pl
793,110
537,912
990,916
574.684
461.000
835.020
343,605
236,600
+11-2
+13-3
+62*5
+41-2
+56-7
+27-3
-^210
77,519,668
--12 2
Cr4.689,825 1,753,154,317
1896.
$
+14-8
+194
623.405,190
63.093,470
13,435,715
14,311,174
4,588.249
1,761.547
1,470.433
933,477
877,410
622,017
302.000
724,800,702
94,810,864
6,723,000
2,089,210
1,428,584
1,768,772
1,437,768
1.406,898
1,245,847
581,791
497,508
110,988,038
93,597,048
12,287,600
7,070 037
6,290.604
4,713,687
4.000,000
2.148,755
1.577,859
1,418,808
798,911
559,290
801,670
270,900
240,576
350.000
186,078
153,660
191,849
136,136,328
14,235,624
1.825,525
1,492,880
1.941,003
553,643
615.170
460,118
528,797
127,448
35,816
21,805,018
11.420,974
9,394.584
3,724,838
4,911,730
2,482,819
1,408,996
1,084.579
518,288
495,414
624,907
828,640
58,806
68,654
86,519.002
26,018,614
13,288,362
6,787,869
3,703,680
3,656 753
3.613.366
2.279,505
2,543.140
1,881.364
1,130.807
1.096,623
930,593
+18 -8
715.044,897'
18,299.853!
1,163.240,
B,953.558!
—10-8
i
+552
2,381,389
1,388,808
773.883
666.541
623,559
75«,208
+26-7
-8t 870,878
35,848,505
-1-3
L54-,922
[883,698
947.523
1,127,790
439,437
853,860
480,987
740.000
407.771
846,857
210,439
74,787,889
370.354
844,444
440,011
380,19i
246,000
275,056
69.471.690
1,409.440.106 1.099.700.778
+14-5 544.200,589 476.295.588
633,271.063
18.222.382
10.578,8;H7
-1-66-1
607,796
549,723
887,088
John
Total Canada.
781,697
937,144
345,533
416,672
453.452
375,200
309,866
280,817
251,889
236,976
243,638
178.362,458
18.486.376
2.345.570
-180
36,944.224
Augusta
St.
7,331,220!
9.246.819
5,765.540
4,207,400
2.732.505
2,329,196
1.714,400
1,178.174
-8-7
-16-2
1,176,5921
1,292,4571
1,565.468
1,317,200
597,044
1,123.334
934,000
658,000.
525,011
437.239
Outside N. York.
Montreal
Toronto
Winnipeg
Halifax
Hamilton
126,109,070
13,115,250
1897.
865,245,517
76,732,969
+44-91
16.666,755
-20-3'
18.210,406
4,582,256
till
2,271,374
+31-9
1,847,330
-13-6
699,292
+25-4
888.071
-l-H-7
675,000
+9'1
330.400
+19-1 988,549,370
+17-9 112,593,484
+20-5
6,231,600
+18-8
2.336,642
-14-9
1,682.009
286,2.50
Norfolk
Jacksonville
Total Southern..
Total all
+20-5
+7-7
91,291,410
19,967,871
26,785,065
2.235,845
2,125.029
1,237,339
991,338
»48,340:
361.400
1,513,498,7681 1,270,377,255
159,182,745
134,989,174
8,03«,200l
6,674,000
2,985,685
2,512,841
1,581,489
1,858,403
1,458,518
1.597,8041
1.389,044
l,658,973i
1,240.842
1,512,705!
1.084,247
1,184,372,
637.475
638,9121
514.860,
570,726
178.114,105 153,197,9091
Milwaukee.
CLEARING HOUSE RETURNS.
1898.
1349.644,928 1,119,883,255
Philadelphia
Worcester
Smith, 1 Drapers' Gardens, E. C, will take subirlptions and advertisements, and supply single copies
of the paper
38T
New York
1899.
P. Cent.
I
1899.
or One Year
-610 oo
*^^ XR
Six Months
"ii;
luropean Subscription (including postage)
oropean Subscription Six Months (Including postage)'*'.".*'.". 13 00
7 50
.nnual Subscription in London (including postase)
£2 Ida
16.
at—
Clearings
•or
do.
NO. 1800
Week ending December
Cltrowxjclje.
PUBLISHED WEEKLY.
Terms of Subscription— Payable in Adrance:
^^Mos.
23, 1899.
(
-t-ll*4
+141
-8-8
-11-8
1 .',289.251
7,737,112
2,158.412
1,145.828
886.683
648,977
11.930 395
7,068,698
1,816 808
1,244,042
660,93«
519,961
26.686,041
23,235,830
+144
THE CHRONICLE.
1268
tion
THE FINANCIAL SITUATION.
t\OL. LXIX,
with such good reIn our railroad department we give
weekly summary, covering this
now because comparison
sults a year ago.
is
our customary
most severe short panics ever experienced at the time the second week of December, and it
12'09
over
cent
per
of
Stock Exchange. It occurred Monday. Grave rumors records an increase
had been afloat for some time of impending financial the results for the same week of 1898. Only
These had not 10 of the 66 roads included in the statement have
difficulties in prominent quarters.
been believed, but assumed definite shape that day fallen behind. All the rest have contributed to the
The current week has been
signalized by one of the
imsoon after the Exchange opened through the an- increase. It should not escape notice that the
face of a con
nouncement of the suspension of the New York provement recorded is being made in
Produce Exchange Trust Company and Henry Allen tinned falling off in the movement of cotton in the
& Co., a prominent stock-commission house. There- South and of grain in the West. As far as cotton is
upon the mind and judgment of operators were so un- concerned, we know that that crop is a short one the
suggestions found ready present year.
In the case of grain, while the wheat jield is clearly
belief; among them were rumors of the failure of
than a year ago, that fact
several other houses, which were accepted with- of much smaller dimensions
and general
out question as true although they had no foun- is hardly sufficient to explain the large
At the same time call money advanced rap- falling off that is occurring in all kinds of grain.
dation.
persons outside of those who make a
idly, loans being reported placed as high as one-half Probably few
statistics appreciate how extensive the
of 1 per cent per day and legal interest, or at about study of the
been. The figures
186 per cent. It hardly needs to be added under shrinkage in the grain receipts has
settled that all unfavorable
last Saturday will serve for illusthese circumstances that stocks were sold almost with- for the week ending
wheat in that week the
out regard to price, that the declines extended to tration. The deliveries of
primary markets were
nearly every property on the list, and that the losses present year at the Western
week
and fluctuations in quotations were well nigh unprece- only 3,400,131 bushels, while the corresponding
in 1898 they were 7,407,200 bushels and in 1897
dented.
936,208 bushels,
the credit of our bankers and barks be it said 6,665,243 bushels; of corn they were 2,
To
bushels respectively;
that they arrested the ruinous liquidation we have against 4,768,398 and 4,304,717
against 3,774,496 and 3,819,referred to and stayed the panic. How often the un- of oats 2,570,956 bushels,
there was also a falling off,
thinking body of our people glibly tells is that these 990; and in rye and barley
this general contraction, especiallj
classes of our citizens are unfeeling, ieartless and It is evident from
corn and the oats crops arc
wholly selfish. When the financial history of this as it is known that the
special induring the last thirty-five years comes to be among the largest on record, that some
country
marketing of grain.
written— a period during which the generation now fluence is at work checking the
railroad officials connected with
about to lay ofE its armor has been active and promi- On inquiry among
we learn thai
affairs— no class, if the inside facts are dis- roads in various parts of the country,
nent in
found to have assumed greater risks the opinion prevails that the grain is being held back
year ago and farmers, being ii
and shown greater forgetfulness of self and personal Prices are lower than a
and having no urgent need fo:
interests than they have done on manj occasions to a prosperous state
¥hat are gen- cash, are evidently in no haste to dispose of the!
tide the country saftly over its crises.
men. products.
erally called capitalists are very conservative
closed, will be
whole never run risks to make money for
themselves, so they are always able end prepared
They
as a
As expected, new
(
railroad construction the presen
With gen
year has been on a greatly enlarged scale.
The de- eral business in a state of great activity, and the rail
the chasm less conservative men cause.
allayed road carrying interest doing better than for years
tails with reference to the relief which
was inevitable. The " Railroad Gazette
the frenzy on Monday and afforded the pablic time for such a result
prepared some preliminary figures fo
reflection are given to-day in our usual cepartment of of this city has
idea of the extent to which th
"Items about Banks, Bankers and Trusi Companies." the year which give an
most un- work of track-laying has progressed. The statemer
It is there noted how when the panic was
a printed by the "Gazette" shows the building of 4j
bridled, a banking firm, a trust company, and
257 companies. As already saic
combination of the Clearing-House baaks, provided 557 miles of road by
an
rate at the Ex- these figures are not final, but subject to change,
all the funds needed, reducing the
thinks that the amount will probably I
change to 6 per cent, and how Secretary G-age an- our neighbor
Allowing an average (
nounced the readiness of the Treasury :o turn all in- increased by later returns.
build and equip a mile of new road, thes
ternal revenue receipts for thirty days into deposi- $20,000 to
an expenditure (
Since Monday the market kas been much 4,557 miles of road would represent
tory banks.
It need hardly be sai
dollars.
more quiet and settled, but prices Df almost all over 90 million
that the figures given reflect a noteworthy rev
properties have continued to decline.
As the " Gazette " poin
valfin railroad building.
in
time of
danger
to
lend
a
hand
in bridging
we must go back to 1892 and 1891 to find a sin
amount of new track laid. The average additic
the latest evidence of the prosperity of our transpor- ilar
to 1897, inclusive, w!
AVe discuss the event and the for the four years from 1894
tation interests.
The
increase in the
New York
Central dividend
is
favorable character of the company's half-yearly report in a separate article on a subseqaent page. As
regards railroad earnings generally, the returns continue highly gratifying and highlj encouraging.
In 1898 there was
only about 2,000 miles a year.
marked advance, but the aggregate for that year wa
From this thei
nevertheless, only about 3,300 miles.
miles
has now been, as stated, an increase to 4,500
" notes that with comparative
The " Gazette
1899.
no interruption to the improvement, which
the larger additions of mileage
large and widespread. It attracts the more atten- few exceptions
There
is
out,
is
i
ha^
'^
Deckmber
THE CHRONICLE.
23, 1899.]
1269
been made by the old roads. This is an important of
one per cent commission and interest— and at 2
per
fact, for it is an indication that the new
road has been cent, averaging about 25 per cent.
On Monday loans
wisely planned and carefully built, and furthermore
were made at 186 per cent and at 6 per cent,
and
it diminishes the possibility of
financial embarrassment though large sums were
loaned at the extremes the
from that source, since the new mileage will be opmajority of the loans were at about 40 per
cent.
On
erated by companies of large resources and
great Tuesday the excitement subsided and
the range was
strength.
Our contemporary observes that large 30 per cent to per
2
cent, with the bulk of the busithough the total of new road has been, it would un- ness
at 6 per cent.
On Wednesday loans were made
doubtedly have been larger had it not been for the at
8 per cent and at 2 per cent, with the majority at
increase in the cost of materials and the
impossibility 6 per cent.
On Thursday the range was from 7 per
in many cases of procuring rails ordered
months cent to 3i per cent, with the bulk of the business
at
before.
On Friday loans were made at 8 per cent
6 per cent.
and at 3 per cent, with the majority at 6 per
cent.
The Pennsylvania Railroad has inaugurated a plan Banks and
trust companies have loaned at 6 per
cent
for pensioning aged employees.
As the officials of as the minimum, and on Tuesday, it
may be noted,
other large railroad systems, like those of the
Penn- the banks refrained from calling loans, with a
view
sylvania, feel great solicitude for their
employees, and of avoiding disturbance to the market,
and they reare anxious to provide for their future as far
as possi- newed at 6 per cent the loans
made on the previous
ble, it will not be without interest to
give an outline day.
The business in time loans has been light,
of the new plan. The companies embraced in
the ar- and the banks as a rule have not offered
money on
rangement are the Pennsylvania Eailroad, with its time,
preferring, under the circumstances, to
affiliated
namely the Northern Central,
the Philadelphia AVilmington & Baltimore, the
West
Jersey & Seashore and the Philadelphia &
Camden
Ferry lines. These companies have entered into
an
agreement for the joint management of the new
department, which is to be known as the Pennsylvania
pose of
ive
properties,
Railroad Pension Department.
the arrangement is to relieve
service
officers
and
to
place on
a
The
pur-
from
act-
pension
roll
all
and employees giving their entire time
to the
the company who shall have attained
the age of 70 years or who, being between the
ages of
65 and 69 years, inclusive, shall have been thirty or
more years in the service of the company and shall
then be physically disqualified. For each
year of
service one per cent of the average monthly
pay for
the ten years preceding retirement is to be
given.
service of
call.
Rates are nominally 6 per cent for
all
loan on
periods
from three to six months on good mixed
Stock
Exchange collateral. Scarcely anything has been
done in commercial paper this week, the
banks
being out of the market as buyers, and few
of the
city trust companies have made purchases.
Rates are
6 per cent for sixty to ninety-day endorsed bills receivable, 6 per cent for prime and
7@8 per cent for
good four to six months single names. The business
done has
chiefly
been by out-of-town buyers.
The
president of one of the largest of the
down-town
banks called attention on Tuesday to the fact
that he
had not had application for a single discount
from
an indication that
there was little or no demand for money from
merchants.
The Canadian banks have received fairly
large amounts of gold this week from
their home
Thus if an employee has been in the service of the institutions,
which money they loaned in the market
company for forty years and has received on an aver- early
in the week, and later they bought
exchange.
age for the last ten years $40 00 per month in regular
wages, he will be entitled to forty per cent of
$40 00,
Since the repulse of General Buller at Colenso
last
or $16 per month.
This is subject to ratable re- week the news from
the seat of war in Natal has been
duction in certain contingencies, it being the
in- meagre.
It was
reported, however, that General
tention that the entire annual expenditure
for Buller had retired across the Tugela
River.
The
pension allowances by the five companies named
shall British Wax Office on Monday directed
Field Marshal
not at any time exceed the aggregate sum of
$300,- Roberts to assume command of the troops
in South
000.
The pension is to terminate on the death of the Africa, and
he will sail to-day. The Bank of Engany
of hii mercantile customers,
I
beneficiary.
No
pension allowance
is
to
be paid
to
land
minimum
rate of discount remains unchanged
though on Tuesday the Imperial Bank
of Germany advanced its rate to 7 per cent,
and on
Thursday the Bank of France advanced its rate to
4^
per cent. The cable reports discounts of sixty
to
ninety-day bank bills in London 6|@7 per
cent.
ter the service.
The pensions are to be entirely a The open market rate at Paris is
4^ per cent and at
gratuity from the company, and it is expressly
pro- Berlin and Jrankfortit is
per cent. According
6^@6f
vided that the plan shall not be construed to give any
to our special cable from London the Bank of
England
officer or employee a right to be retained
in the ser- lost £509,94) bullion during the week,
and held £29,vice or become entitled to pension allowances;
but on 295,617 at tl|e
any
employee for a period during which he
may be receiving accident or sick benefits from the
company's Relief Department; but acceptance of a
pension is not to debar the beneficiary from engaging
in other business, though such person cannot
re-enofficer or
at 6 per cent,
close of the week.
the contrary each company may discharge any
officer
or employee at any time without liability for
pension
or for other allowances save only salary or
wages
earned and unpaid. It will be seen that the scheme
Our correspondent
further advices us that the loss was due to the export
of £200,000 \o Egypt, to £920,000 net sent to the
interior of Gieat Britain and £610,000 imported,
of
which £535,(|00 were bought in the open market and
embraces some novel and also some strong features,
£75,000 imported from Germany.
and the working of the same will be watched with in-
terest.
Though th« foreign exchange market was unsettled
on Monday lly the panic in money, the changes in
Money on call has loaned at the Stock Exchange rates were slight
mainly for the reason that the trans.
during the week at 186 per cent— the equivalent
of ^ action of busikess was difficult.
Few if any cared to
'
THE CHRONICLE.
1270
fVoL. LXIX.
buy and there was no market for sellers and bankeis
Wuk Ending December 22, 1899. Received Jn/ Shipped by Net Interior
N. r. Banks. N. Y. Banks.
Movement.
were apparently satisfied to employ their balances in
14,724,000
Loss. $665,000
$5,389,000
the call-loan branch of the money market. Some of Currency.
Gold
653,000
1,191,000
Loss.
1.844,000
the foreign bankers characterized the market as more
Total gold and legal tenders.
$5,915,000
Loss. $1,818,00©
$7,233,000
greatly demoralized than it was during the Baring
With the Sub-Treasury operations and gold exports
panic in 1890.
On the following day the market bethe result is:
came dull and barely steady, at declines of one quarter of a cent for long and short, and it so continued
Into
Out of
Net Change in
Week Ending December 23, 1899.
thereafter, though without change in rates. The prinBanks.
Banks.
Bank Holdings.
cipal supply of bankers^ bills seemed to come from Banks interior movement, as above $5,915,000
Loss. $1,318,000
$7,233,000
Snb-Treas. oper. and gold exports
26,350,000
Loss. l,450,00a
24,900,000
those drawn against exports of gold, a consignment of
Total gold and legal tenders.
$80,815,000
$83,683,000
Loss. $2,768,000
$500,000 being shipped by Kuhn, Loeb & Co. on
Wednesday in addition to the $950,000 forwarded on
The following table indicates the amount of bullion
Saturday of last week by this house. The exports of in the principal European banks.
gold last Saturday, reported at 12,200,000, were inDecember 22, 1898.
December 21, 1899.
creased by an additional engagement on Saturday
Bank of
Total.
Gold.
Gold.
Silver.
saver.
Total.
to $3,400,000.
The engagements yesterday (Fri£
£
£
£
£
day) for shipment to London to-day were $1,000,England
30,590,507
29,295,617
29,295,617 30,590,507
000 by Baring, Magoun & Co., $1,250,000 by France
75,163,337 46,518,076 121,681,413 73,067,145 48,444,272 121,501,417
Germany*
25,085,000 12,922,000 38,007,000 26,875,000 13,844,000 40,719,000
Heidelbach,
Ickelheimer
& Co., $400,000 by Russia
86,377,000 4,968,000 91,345,000 97,938,000 3,709,000 101,647,000
Von Hoffman and $625,000 by Miiller, Schall Aast.-Hung'y 36,838,000 10,857,000 47,695,000 36,281,000 12,440,000 48,671,000
&
Co., the total shipments to-day being $3,275,000.
The market seems
commercial
to be moderately well supplied with
against grain and cotton and the
bills
command good
bills
prices.
Gold received at the
Custom House during the week, $83,171.
Nominal rates for exchange were 4 82|@4 83 for
sixty day and 4 87i@4 89 for sight on Monday; on
Tuesday they were 4 82@4 83 for the former and 4 88
@4 89 for the latter; on Wednesday they were 4 82@
4 82^ for sixty day and 4 88@4 88^ for sight, and on
Thursday and thereafter they were 4 81-^@4 82| for
the former and 4 88@4 88^ for the latter. Rates
opened on Monday at a decline of
one quarter of a cent, compared with those at the
close on Friday of last week for long at 4 81|^@4 81^,
while those for short and for cables were unchanged
at 4 87^ @4 87| for the former and 4 88^ @4 88| for
On Tuesday there was a reduction of
the latter.
one quarter of a cent for long and short, to 4 81 @
4 81i for the former and to 4 87i@4 87i for the latter, while cables were unchanged.
The market was
barely steady thereafter and quite dull.
Cmtinental
exchange was affected by the rise in the tank rates
at Berlin and at Paris.
The market closed steady for
short and easy for long on Friday.
The following
shows daily posted rates for exchange for seme of the
Spain
Netherlands..
Nat.Belg'm*..
FBI.,
MON.. TlTES., Wed.. IHTTR.. Fhi.,
Dec. 15. Dec. 18. Dec. 19. Dec. 20. lec. 21. Dec. 22.
Brown Bros
{^^^^^^^
Baring.
}
Magoun &
Co..
.
60 days.
Sight....
4
82^
88H
4 82!^
4 88>i
.
Heidelbach, Ickelheimer &, Co.
of Canada
82
82
88><
88«
ii«
82V<
88>6
82!^
88>i
ii^
82^
88«
§1^
88
82^
82«
821^
88'^
88Hi
88H
88^6
88
88
i«
88
82«
821^
88>i
82>^
82«
82«
88J6
88JiS
m days.
82^
8d«
82«
488
4 82«
(
Sight...
4 87Ji
82«
87H
5
60 days,
\
Sight...
4 82H
4 88>4
82!^
88J4
.
4
4
4
483
LazardFreres...|»?/^,",y»; 4
89
Merchants' Bk.
82^
88j2
82!^
88!^
5
of
Commerce.
SlKht..
)
.
Montreal
Canadian Rank
ol
60 days.
<
t
No. America,
SiRht...
}
BH,nk British
Bank
60 days.
i
4
<
60 days,
)
Sight....
The market
4 83
4 88Ji
82^
88>i
S2'4
88>6
82«
88«
82
83
83
88l«
88}^
88«
81^
88
82«
88>4
82«
88«
82H
82
88
82
88
82«
88H
88H
82^
88«
82«
88H
82H
88«
closed steady on Friday, wilh rates for
80|@4 81i for long, 4 87i@4 87i
for short and 4 88^@4 88| for cables. Commercial on
banks 4 80@4 80^ and documents for payaient 4 79|
@4 81^ cotton for payment 4 79^@4 79f cotton for
acceptance 4 80@4 80| and grain for payment 4 81:i@
actual business 4
;
..
4 81^.
The following gives the week's
to and from the interior by New
movement of money
York banks.
3,760,000
5.983,000
2.941,000
1,470,000
27,895,000
11,062,000
7,142,000
16,987,000
14,900.000
2,337,000
9,723,000
4,411,000
4,315,000
6.775,000
3,111,000
1,556,000
18,204,00a
17,237,000
11,090,000
4,667,000
Tot.this week 288.546,954 98,493,076 887,040,030 208,079,652 96,247,272 394,826,924
Tot. prev. w'k 290,522,057 98.644,979;389,167,036 299.118,845195,768,330 394.887,175
* The division (between gold and silver) given in our table of coin
and bullion In the Bank of Germany and the Bank of Belgium is made
from the best estimate we are able to obtain in neither case is it
claimed to be accurate, as those banks make no distinction in their
weekly returns, merely reporting the total gold and silver, but we
;
believe the division we make is a close approximation.
Note.— We receive the foregoing results weekly by cable, and while
not all of the date given at the head of the column, they are the
returns issued nearest to that date—that is the latest reported figures.
for actual business
leading drawers.
13,600,000 14,295,000
15,487,000 1,500,000
Italy
WHAT PRODUCED THE PANIC?
The year 1899 has furnished a record of security
movements and values which no previous twelve
months have paralleled. We brought together a week
ago in our article with reference to " Wall Street's
last cycle of
history in
prosperity" this department of the year's
outline.
The
details
have
all
previously
appeared in these pages from weeK to week as the
Since the article menevents have been unfolding.
tioned was written we have had a further development which makes the year's movement even more
striking.
Of course we refer to the panic on the New
York Stock Exchange; to which the disturbance in
Boston and elsewhere were accessories, though these
other centres of trade were affected to a much less extent, differing proportionally according as each is the
focus of smaller transactions in securities.
Many
claim that this evolution and
crisis
has been
produced through European pressure. It would be a
full answer to that assumption to say that the break
in confidence which foreshadowed and was a kind of
pioneer of this week's result, came, as we stated last
week, before there was any pressure at home or
But, passing that fact, suppose we should
grant that the disturbance at New York and our other
security centres was disclosed by the European monetary strain.
What would that prove ? To take a
very simple illustration, it would prove only what is
demonstrated when a ohain in process of being tested
Where does it break ? At its soundest
breaks.
At its weakest, of course. In other
link ? No
abroad.
I
words, on the supposition made, the conditions tell
us that when the pressure was put upon the chain of
States, the test proved that out of all commercial and
financial centres our country was the most vulnerable,
1
December
THE CHRONICLE.
23, 1899.]
That
There
1271
however, no good reason for the belief
method of interpreting the financial disturbance con- that the currency supply is not to-day fully adequate
sequently doe3 not explain anything. It simply sug- for the country's business requirements if it was
representing the link with the worst flaw in
it.
is,
The latest Government figures
(those under date of December 1) give the amount
came which hastened a catastrophe already assured.
that is, the amount less holdings in the
^'either is there any force in the other claim that afloat
the Sub-Treasury system has been the cause of the Treasury— at $1,985,930,964, against $1,886,879,504
gests
the source from which possibly an influence
wisely
contrived.
—
disastrous
outcome
Our readers know
i
enough what our opinion of
the working of that system is.
Very many times have
we called attention to its disturbing features. As is
well known, it makes the Government Treasury the
largest manipulator of money in the country, and
yet it is impossible for any merchant, however conservative, to forecast and provide against the effect
on a close money market of its operations. AVith the
well
revenue as large as
!
of the year's stock speculation.
monthly
ments
be
friction.
now
it
is,
even were the disburse-
equal to the receipts, there would
But
as
soon
as
there
is
a
surplus
the corresponding date in 1898. Here is an increase
during the year of $99,051,460. Moreover, the present
total of currency, if evenly divided over the country, is
a sufficient supply to allow each man, woman and
child of our population to-day to carry in his pocket
over twenty five dollars, or, calling the average family
five, the head of each household would have $125.
Persons who are poorly informed think that the rich
are in the habit of keeping at their homes and on
bank notes. The truth is, as
they keep with them less money than the
their persons a big lot of
a class
Few men
wage-earners.
of affairs hold in actual pos-
I
accumulating week after week, it is a
mere question of time when its natural working would exhaust any bank reserves.
This last
sentence describes the state of accounts now. Secreretary Gage has heretofore attempted to prevent current accumulations.
He did this first by offering to
anticipate interest on Government securities and,
second, by offering to purchase bonds. As both of
these devices partially failed in securing the end
Bought, he gave notice Monday afternoon of this week
that he would deposit the internal revenue receipts
in depositary banks on being furnished with United
States bonds as security.
Ko doubt this scheme will
be effectual. But it will, we think, in the end prove
what we have already said above, that the Sub-Treasury accumulations were not the cause of our disastrous stock speculations.
This it will prove by showing that the outflow cannot revive confidence lost last
May, and even if it postpones, it cannot prevent, liquidation in cases where properties have been capitalized and put afloat in amounts way beyond their real
any but trifling amounts unless
they have some immediate special use for it. Bills
for family supplies are, as a rule, paid with checks,
either monthly or on delivery of articles purchased, so
that very little currency is needed in an ordinary city
or suburban household.
The question to be asked thenip, not what produced
the panic, but what produced the conditions that
made the panic possible. A sound and healthy stock
market is not open to panics. Had growth in this
case been a gradual, slow, and consequently healthy,
development, it would have shown more root and less
top.
Instead of that it was a mere sport of the abnormally easy money market which ruled the first half
of the year, especially in New York. Money was easy
because our currency was fixed in the amount afloat,
worth.
able portion
revenue
I
j
session currency in
when out of use it collected at our trade centres and haid to be loaned at the best price obtainable.
We called this condition last week a hot-bed for temporarily forcing life and big growth into concerns of
small value. We might even assume that a considerso that
of
the companies that were organized
made, which is that the pre- were on a sound basisi and yet it would be true that
vailing monetary conditions show the country has not the conditions stimulated so rapid a development
currency enough for the transaction of the additional that more floating capital was put into fixed forms
business our new prosperity has brought. This is a than the country's accumulated wealth could spare,
It is one, moreover, that is and that higher values were attained than earning
plausible hypothesis.
always made when stringency becomes a condition. capacity warranted; hence in these ways the finanWe say it is plausible because high interest rates ob- cial stability was likewise weakened.
We thus see clearly what a triflng part in this disviously might indicate such a lack; and besides busiincreased to a marvelous extent. organized fitate of affairs the monetary pressure in
ness operations have
At the same time it is a fact that no individual or Europe and the shortened supply of currency, probody of individuals can penetrate into practical affairs duced through the accumulations in the Sub-Treasury
far enough Lo fix upon any amount as the total cur- and the int^ior demand, have played. No doubt they
rency needed in a given year. It alike disturbs trade have all actjed, each in its own way, to help test the
That is one growth we Have described. But the important fact is
if the supply be too large or too small.
important reason why a currency fixed in amount that the ca astrophe would have speedily come even
should never be adopted or used, and why commerce had these adverse influences not developed. The
should be allowed to determine for itself what are its disease was lot the fruitage of the inflaences named;
requirements on any given occasion. If, however, the it was in tl e properties being dealt in, the inflated
voice of the people is against that freedom, as for the prices at which they had been selling, the over-capitalimoment it seems to be, and if it is determined that zation, and the large amount of floating capital they
we must have a bond-secured currency, the only had absorbefl. What was it that produced this dis(method of relief open is to make the issue as flexible eased conditpn ? It is in no degree attribatable to
Still
another claim
Have
is
any thing eicept our fixed systems of currency. If
tract when transactions lessen and will be afloat again the people like these short cycles of prosperity,
when its business uses increase. It is to be remem- with frequent recurrence of liquidating periods netbered that we cannot have a currency which will ex- ting large 1 isses to the over-credulous, all they need
pand when transactions increase, unless it contracts to do is to ontinue a paper currency system that is
when the work for it to do has diminished again.
forever afloatiin its full amount.
as
it
can
be.
it
so contrived that
it
will con-
IHE CHKONICLE.
1272
present
"What we wrote last Saturday, regarding the bearing
of the English reverses in South Africa on the prospects of the war, has equal application to the striking
events which
have since occurred. It needed no
prophet to anticipate what would be the result of the
British misfortunes on British opinion.
Gen. Buller's
defeat at the Tugela Kiver, with a loss of a thousand
men and eleven guns, has silenced the last word of opposition to the war.
much
the
Run had on
the
It has had, indeed,
may be some
There
THE TRANSVAAL SITUATION.
who
force in
the theory that the
generation
combat
in
[Vol. LXIX.
with
no
used
of
English
Afghans, Arabs
artillery,
have
officers,
and
trained
negroes,
unduly
on methods suited to the old enemy but not
to the new.
This belief is to some extent confirmed
by General Joubert's declaration, the truth of which
will not be doubted, that he was able completely to
deceive the British agents as to the amount and character of ordnance imported by the Transvaal Governrelied
has dis-
ment since the Jameson Raid. But this explanation
does not by any means explain everything. It may
account for the wholesale sacrifice of life in the Eng-
an insignificant enemy
pelled at once
was to be reckoned with, and it has thrown the nation
back on its own reserves of patriotism and military
The first result, as might be expected,
resources.
was instant preparation to replace Gen. Buller's lost
artillery; the larger scheme, which at once followed,
contemplated the raising of an army estimated at
nearly 180,000 men, under the command of the two
on the Boer intrenchments; but it
hardly throws light on the losses suffered successively
by General Gatacre, Lord Methuen and General Buller, by marching straight into ambuscades.
It was
the rifle-fire which drove back the English lines at
Stormberg, at the Modder River, and at the Tugela;
and it is the use of rifles for which the reputation of
the Boers as soldiers stood highest at the outbreak of
generals highest in prestige in British military circles.
the war.
isame
efiEect
North
at
as
the disaster at Bull
the opening of the Civil War.
It
the illusion that
seems to us, indeed, that even the break in the
London market, since the news at the close of last
week, and especially the three-point fall in consols,
merely reflects the unanimous resolution of Great
Britain to fight this contest to a finish. General
Buller's misfortune opened the eyes of the financial
It
markets, as well as those of the general public, to the
fact that instead of a brief and triumphant march, with
a ** Christmas dinner at Pretoria," a long and costly
war had been undertaken.
cause
it
is
now
Consols have fallen berealized that the Government will
need very great supplies of money, and because the
large lenders, preparing for such demands, are disposing of their present holdings of Government obligations to the general public.
have
cause
Prices of other stocks
fallen, partly, as in the case of
a
long
period
of
mining
unprofitable
shares, be-
idleness
is
companies, but chiefly
because the accustomed heavy gold remittanjes from
Johannesburg, resumption of which the money markets had reckoned on for an early date, are now postponed into the uncertain future. Regarded, however, from a military point of view, even this break
in prices voices the determination of the English
public to pursue the war. The markets are aot sentimental, and we have no doubt that if the peace on
his own terms at which President Kriigei's envoys
are hinting were regarded as possible, prices would
now be rising on the London Stock Exchange. As it
is, their permanent recovery is likely now to be con"When
ditioned on the prospect of English victor}.
seen
to
lie
before
the
lish
On
assaults
the other hand,
difficult to
accept offhand
the explanation of pure carelessness.
However the
it
is
methods of attack and de'fence employed by the natives of Ashanti, of Afghanistan and of Southern
Egypt may have differed from those employed by the
citizen soldiers of the Transvaal and the Orange Free
State, one precaution at least was never neglected by
competent English campaigners the use of efficient scouting parties.
Yet this, if the despatches
have any meaning, was the distinct cause of disaster
in the case of the three British columns in South
Africa.
Had one general alone suffered from such a
cause, the critic might set down the incident to simple carelessness
the kind of easy-going self-confidence
which led General Braddock into the ambuscade
of a very different foe a century and a half before.
But that three experienced generals, each aware that
he was matched in numbers by an enemy trained in
bushwhacking and familiar with every inch of the
ground, should have committed the same unpardonable fault committed it, moreover, immediately
after learning of the fatal consequences of such negglect by brother commanders in the same campaign
certainly seems on the face of things incredible.
Blunders of this sort in a European campaign would
—
—
—
lead to a swift court-martial.
We
before long what the three unlucky officers
say in their
No
own
hear
have to
shall doubtless
behalf.
such mistakes need be anticipated, at any rate,
from such commanders as Lord Roberts, the personification of vigilance in the enemy's country, or Lord
the English troops cross the Tugela River, we shall Kitchener, the most deliberate and cautious of modern commanders. England is probably right in anhear to some purpose from the stock market
So far as can be judged from the meagre intelli- ticipating that the arrival of these officers will mark a
gence at hand, the "War Office has determined to radical change in the plan and methods of campaign.
stand purely on the defensive in Natal ind Cape Once having settled down to belief in a long camColony until Lord Roberts and General Kitchener paign and a gradual but sure advance, with neither
It is the hurling of troops against lines of protected riflereach the front with their reinforcements.
tacitly admitted that General Buller's plan of cam- pits or hurried marches into unexplored country, the
paign has failed. As to the reason for the failure, real advantages of the English position will begin to
As we pointed out last week,
several theories are entertained, but the onj point on manifest themselves.
whioh all critics agree is that the English command- time is in all respects in favor of the English.
To this conclusion two important qualifications
ers under-estimated both the numbers and the efficiency of their opponents, and therefore neglected must still be made. The first concerns the garrisons
what now appear to be the indispensable precautions at Mafeking, Kimberley and Ladysmith. It was the
We do not think that the lack of conviction that these posts must be relieved which
of an advance.
such precautions has yet been clearly explained. prompted the rash moves of the three generals this
December
23,
THE CHRONICLE.
1899.]
1273
must be assumed that the need was to pay them out too readily or too soon. At all events
urgent. How long can these garrisons hold out, and that is the policy generally in vogue. The New York
what would be the practical effect of their surrender ? Central Company in its action on the dividend quesUnder present circumstances these are questions tion illustrates this policy, and the system's results are
mouth and
it
which England must calmly consider. It is not im- typical of the general prosperity of the railroads.
probable that the next news of importance will come An increased dividend had been looked for at the last
from one of these points. So long as the provisions dividend declaration, and would have been fully justiBut it was considered best to defer
hold out they are reasonably secure, for the Boers fied at that time.
have already shown their incapacity for a formal siege.
The surrender of any of them would hardly, so far as
moral influence is concerned, affect the position of
affairs; no deeper level of depression and gloom is
likely to be reached in London than that to which the
Again, in making
an increase the management have acted very cauThe quarterly payment has been enlarged
tiously.
only one quarter of one per cent, raising the stock
the step until the present occasion.
4 per cent per annum to 5 per cent.
If earnings and profits were the only governing conpublic spirits fell last Saturday.
The more important bearing of the capitulation of siderations, a very much higher payment could obany of these posts lies in the great advantage accruing viously have been entered upon, as we shall presently
to the Boer campaign through the possession of the ar- see.
Taking first the results for the quarter ended Detillery and ammunition which would be captnred with
the garrison.
Undoubtedly such
successes would
from a
basis of
cember
31,
we
find that while the
company
is
to pay-
out only li per cent, the return shows a balance
there is no positive reason to suppose from the available on the operations of the three months equal
despatches that any of the garrisons is in straits. to over 2^ per cent in exact figures 2*51 per cent.
Unofl&cial advices, regarding Ladyamith in particu- Stated in another way, while the \\ per cent dividend
lar,
persist that provisions on hand
are suffic- will call for only $1,250,000, the profits earned for the
ient to hold out for three months longer.
In the stock for the three months were actually $2,507,400.
meantime it is important to observe that no signs of Nor does this particular quarter stand alone in pretrouble have appeared among the Boer sympathizers senting such excellent results. The showing for the
of the Cape.
The plausible suggestion is made, in- half-year to December 31 is even more striking. For
deed, in this regard, that the most available fighters these six months the distribution will be 2:^ per cent
among the Dutch citizens of the colony crossed the that is, one per cent for the last quarter and 1:^ per
border before the war broke out and are already with cent for the present quarter. The call for the 2^ per
General Joubert's army. It would have been at least cent is 12,250,000. The profits remaining are no less
as easy for such a movement to elude the notice of the than $5,066,000, the figures being of course partly
In a word,
British Intelligence Department as for heavy guns to estimated, as the year has not yet closed.
be bought in Germany and shipped to Pretoria through against 3'25per cent to be paid, the profits were equal
This last is the striking and
to 5*07 per cent.
Delagoa Bay without discovery.
illustrative at once of the good resignificant fact
sults on the Central and of the prosperity of the railVANDERBILT LINES AS EVIDENCE OF road industry generally, that with only half of the new
RAILROAD PROSPERITY.
fiscal year yet elapsed the company has already earned
The increase in the dividend on New York Central more than the full 5 per cent required for the whole
stock comes as a welcome piece of news at a time of year.
The snowing becomes still more encouraging when
gloom in the financial world. It serves to emphasize
the favorable character of the general situation. All we proceed a step farther in our analysis, and ascerthe country's industries, from one end to the other, are tain that the excellent results noted are based entirely
in a state of great activity and also in a state of great on the (jperationa of the Central proper, that is the
that they are not due to any
prosperity. The railroad industry itself, the most im- lines e^st of Buffalo
portant of them all, furnishes the best evidence of increasejin the income derived from the controlled lines
this, for the carriers in the varying volume of their west of Buffalo, namely the Lake Shore & Michigan
tonnage and earnings from year to year but reflect Southeip and the Michigan Central. Neither the
the condition of general business. If that be large, Lake Sljore dividend nor that of the Michigan Centhese transportation agencies find their facilities taxed tral haslbeen increased this week, and as a matter of
If the reverse, fact if tpey had the increase would not show in the
to the utmost, and earnings increase.
such facilities are only partly employed, and earnings 1899 resilts of the Central, since these dividends are
fall off.
The present year the roads have notoriously not payible until January 29th next. The Central's
had all the traffic they could handle, one of the return oi its holdings of the stocks of the two compandistinctive features of the period indeed having been ies mentoned appears in the item of "other income,"
the lack of sufficient cars, or "car famine" as the and this is reported but slightly changed, or 82,187,700 for the six months of 1899, against $2,184,534
condition has been termed.
With no addition from
distributions are the fruit of the for the ax months of 1898.
Enlarged dividend
existing prosperity of the carrying interest, but they this soujce, the profits earned for the stock in the
are only one evidence of the same, and in the great half year of 1899 are, as already stated, $5,066,000, or
majority of cases they furnish but'a mere hint of the 5-07 percent, while in the half-year of 1898 they were
The improvement
extent to which results have improved. Railroad man- only $3,j41,90.'3, or 3-14 per cent.
agers in this country are admittedly conservative, and of $l,92l:,000 has thus plainly followed from the
the gulf between the making of profits and their dis- increase in the Central's own earnings. The gross
Net earn- for the siL months has increased no less than $3,980,tribution to the shareholders is a wide one.
serve
to
prolong
the contest.
As
yet,
however,
—
I
—
ings
may have expanded enormously, but
and prudence have taught that
it
is
experience
a wise policy not
It is proper to say
000 and tke net fully $2,187,000.
that the figures for 1899 include the operations of the
THE CHRONTCLK
1274
[Voh. LXIX.
1898 do not; by That stock now receives 7 per cent dividends, which
reason of that fact the gain is larger than it otherwise is just equal to the interest that the Central is obliged
would be. But eliminating the addition from that to pay on the bonds issued in exchange for that stock,
source, the improvement would still be, we should $2,000 in bonds having been given for 11,000 in stock.
^all
Brook system, while those
say, 3 million dollars in
for
gross and If million dollars
in net.
In view of the striking growth thus disclosed, it
will be interesting to extend the comparison somewhat further back, so as to have the record for a series
This we do in the following. In studying
of years.
the results, the fact to which we have already drawn
attention should not be overlooked, namely that the
Fall Brook system is included in 1899 for the first
time, and furthermore that the Beech Creek and the
Walkill Valley have been incorporated only during
1899 and 1898.
The Lake
makes it evident
that a much higher dividend can be paid whenever it
is considered wise and prudent to adopt this course.
Shore's exhibit for 1899
It appears that after appropriating
no less than $1,865,020 during the twelve months for new equipment
(against only $699,516 during the twelve months of
1898), net earnings were
still sufficient to leave 974
per cent for Lake Shore stock.
The surplus above
the 7 per cent paid is $1,357,634.
This last, if dis-
tributed,
100
would equal 1^ per cent additional on the
New York
millions of
amount
Three months to Dec. 31.
York
SiM monHis to Dec.
31.
Oross.
Expenses.
Net.
Oross.
Expenses.
$
$
28,385,800
16.981.500
11,404.300
1899....
14.201,100
t
8,509,900
5,691,500
Net.
$
1898....
12,643.249
7,946,628
4,696,621
24,405,148
16.188.083
9.217.085
1897....
11,734.150
7,460.179
4,273,971
24,013,097
14,982.654
9.030.443
1896....
11.481.073
7.372.319
22,545,773
14,444,08;
8.101,686
1806....
12.212.718
7.960,785
4,108,754
4,261,933
23.648,754
15,233,709
8,415,045
1894....
11.093.037
7,033,953
4,069,079
21,821,549
13.728.717
8,092,832
1893....
11.627.179
7,624,280
4,002.949
23,628,201
15.467.219
8,160.982
1892....
12,025,481
7,863.954
4,161.530
23,941.684
15,846.875
8,094,8:0
189J....
12,(38,408
7.940.546
4,097,8^12
23,765.015
15,190,148J
8,664,807
Note.— Operations
of the Fall Brook system are included for 1899, but not in
the gross earnings cf this system for the Ave months
ending Nov. 30, 1898, aggregated $912,997, an average of $188,000 per month.
The Beech Creek and Walkill Valley roads are included In 18S'9 and 1898, but
any of the previous years
;
not in previous years.
It was formerly the practice to include income from investments and miscellaneous sources in gross earnings, but this is now eliminated and we have
changed the figures for the earlier years to bring them to the same basis. In
like manner we have taken taxes on real tstate out of expenses of these earlier
years to make the results conform to the present arrangement.
is
equal to over 1^ per cent. It should
be noted that though the Michigan Central does not
show a very large surplus in excess of the dividends
(profits being reported 4*45 per cent against the 4 per
the $1,357,634
Central.
The
stock.
known, is to be increased
but even on such enlarged total
of this latter, as
to 115 million dollars;
New
Central
is
cent paid), yet the situation of that
company
is
hardly
than that of the Lake Shore. For a
foot-note to the statement tells us that the profit of
4*45 per cent was earned after the making of some
very heavy outlays for improvements and additions,
all of which were charged to expenses
the cost of
less favorable
—
10,000 tons of
new
the construction of 65
miles of yard and road sidings, $271,000 for bridges,
$900,000 for equipment, etc., etc. We annex the
following tables, showing the operations of the two
steel rails,
controlled lines back to 1879.
LAKE SHORE & MICHIGAN SOUTHERN'S INCOME.
Allowing in full for the added mileage now operated, the foregoing yet serves to reveal in a graphic
way the progress and development which the Central,
under the existing energetic and far-sighted management, is making.
One other
table will
be interesting.
The
figures
above cover the three and the six months to Dec. 31.
As the Lake Shore and Michigan Central statements,
submitted this week, are for the calendar year, it
seems desirable to compile the Central's figures for
the same twelve months, thus showing the results for
the parent system and the leased lines combined, as
in the following, which, however, covers merely the
On the combined lines, it will be oblast two years.
served, the gain in gross over 1898 has been $8,792,000, and the gain in net 13,867,000. We should judge
that with the results on the same basis of mileage in
the two years, the increase would still amDunt to
roughly 7f million dollars in gross and 3| mil.ion dol-
rears.
Operating
Epenses
Oross
Earnings.
*
Fixed
Earnings.
and Taxes.
$
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899»
Net
Earned.
t
10,418,105
17.971,391
11,278,429
6,692.963
2 725 375
18,225,639
11,057.807
7,167,832
^
Onoi
a vr
18,613,656
11,001,851
7,511,802
3.498.806
8 11
8 00
8 00
14,843,584
9,133,522
5,710,062
3.720,670
4 02
5 00
14,133,506
9,287.537
4,845,969
1 98
16,859,465
9.731.622
6,127,833
3,867,456
3,712,97S
488
2 00
18,710,933
11.029.798
7,681,165
3,649,645
8 16
18,029,627
11.310,371
6,719,256
3,608,391
4 00
5 00
19,487.186
12,847,451
6,639,745
3.428,469
20.865,760
14,220,481
6,645,279
3,344.735
$
2.750.371
ft'27
l,ake Shore & Mich. Southern
Mich. Central and Canada South.
New York Central
1898.
t
20.763.683
13,924,000
46.166,290
1698.
800
29
60
67
95
21,431,387
14,632,676
6,798,711
8.359.251
6,612,192
3.376,361
23,685,933
15,803,190
17,123,913
6,562,020
3.365,376
19.557,869
21,016,035
13,186,067
6.371.802
3.402.863
14,568,220
6,447,815
3.419.500
20,193,958
13,726,155
6,467,803
3.445.403
6 11
20,297,722
13,542,491
6,7.^.5,231
3.009.972
7 57
20,753,683
23,417,971
13,928,010
6,825,684
2,802.439
8 13
18,867,682
7.660.289
2.740.000
9 74
November and December
54
46
00
12
89,«35.797
80.843.973
6 00
6
6
6
6
00
OO
00
00
6 00
6 00
7 00
7 00
Operating
Oross
Earnings. Expenses
Net.
Earnings.
$
Interest
and
Balance.
Rentals.
$
10,410.795
7,147,683
3,263,112
2,013,155
<
1,249,957
880.
12,791,428
8,215,092
4,576,336
1.994.210
.881.
12,303,591
9,404,443
2,899,148
2.371,551
3.189,085
4,268,128
2,480,602
708.488
2.433.416
2.638.602
1.834,712
7.560.28»
«.826,6«4
.882.
12,457,991
9,268,906
3,506.00»
8,409,000
883.
14,009,767
9,741.639
19.574,83«
16,449,848
80,641. 12r
86,774.512
We have stated above that the 5 per cent earned on
New York Central stock for the six months to Dec.
31 was without any increase in the return 'rom the
884.
11,659,077
8.959,132
10,707,394
8,014.603
2.699,916
2.692.791
886.
12,295,828
8,404.679
3.891.149
2,576,985
887
888.
889.
890.
14,164.490
9,875,246
4.289,214
2.535,930
13.770,523
10,086,606
14,490,712
9,895,158
10,731,754
3,683,917
3,891,767
2,521,092
13,786,926
3,768,958
2,464,332
891.
15,162,960
11,107,569
4,055,391
2,439,287
892
15,908.293
12,010,095
2,404,363
16,178,031
12,287.792
12.584.013
9.144,108
13.651.420
10.183.231
3,862,198
3,890,239
3,439,905
8,468,189
18,821.614
10.392,350
3,429,264
2,394,665
13,697.289
14.046.149
10,249,510
3.447,729
2,415,024
10,645,972
3,500,177
2,419,935
16,280,000
11,774,000
3,506.000
2,414,000
893.
company's holdings of the shares of the Michigan
Central and the Lake Shore.
In treating of the Central's profit-earning capacity, however, it seems proper
to take into account the possibility of higher cividends
on at least one of these two stocks the Lale Shore.
—
5 00
6 00
partly estimated.
885.
Total
8 00
COMBINED EARNINGS OF MICHIGAN CENTRAL AND CANADA SOUTHERN.
Net Eimings.
1899.
t
11 28
a Ao
22,415,382
879.
$
23,417,971
15,280.000
50,937,826
1
6
6
6
6
6
6
6
6
and Taxes.
1899.
Paid.
18.749.461
Years.
Oross Earnings.
of 1100.
$
8,331,356
Results for
lars in net.
Calendar Year.
Dividends per Share
Charges.
894
1
.895
1
896
897
8f'8
1
1
899*
1
Partly estimated.
2.666,753
2,513.527
2,401,804
2,401,184
2,402,201
2,682.124
527,597
61.343
86.038
1.314,164
1,753,314
1,162,826
1,379,24*
1,304,626
1,616,104
1,467,835
1,488,435
1,038,721
1.066.988
1,034,699
1,032,70*
1,080,242
1,092,000
December
THE CHRONICLK
2S, 1899.]
COMBINATIONS IN THE BRITISH
CO TTON IND USTR Y. *
Maxc'iiestek, Dec.
9.
Industrial and commercial amalgamations, generally
known
have not, on the whole, made
progress in this country to anything: like the extent
that has marked their growth in the United States.
But in the cotton industry the principle of combination has probably been more widely applied here, or at
least quite as widely, as on the other side of the Atlantic.
Everyone knows of the gigantic power possessed
by the Scotch and English Sewing Cotton Companies,
which, notwithstanding a recent momentary breach
between them over the Spanish market, manage to
maintain a practically single monopoly by a judicious
demarcation of spheres of influence. Then there is
the "Fine Cotton Spinners" Association," which embraces nearly all the spindles engaged in producing
the finer counts of yarn made from long-stapled cotton in the United Kingdom. Two more schemes have
lately been under way, only one of which will get
safely into port, the other having already founas ''Trusts/'
dered.
To
take the latter
wholesale
first.
distribution of
The production and
cotton velvets, a
means unimportant branch
by no
of the English cotton in-
dustry, are in comparatively few hands.
In conduct-
ing the business a good deal of skill and relatively
abundant capital are required. It seemed to offer,
therefore, the chief requisites of successful combina-
any rate in the eyes of the originators of the
plan. There were four sets of interests to be united
the manufacturers of grey (brown) velvets, the cutters, the velvet dyers (who had already combined)
and the merchants or wholesale distributers. It was
foreseen that in order to make the union complete by
drawing all the private firms into it, a mutual engagement must be made that those who entered it
should have no dealing so far as the commodity velvet is concerned with any houses remaining outside.
No manufacturer was to sell grey velvet except to
members of the combination, nor any cutter nor
dyer to work for others. Conversely, no merchant
was to buy greys from an outside manufacturer or to
employ an outside cutter or dyer. The profits on all
the several branches of weaving, cutting, dyeing and
selling the finished product, were to be pooled and
divided on some principle not very clearly defined.
Indeed the negotiations never reached the stage at
which the scheme could be said to be complete in
every part. Several meetings were held, at first of a
few, and afterwards of all or nearly all, of the firms
engaged in the cotton-velvet trade. Divergent, and
as it ultimately appeared irreconcilable, interests
were brought to light, and ultimately a few days ago
it was decided that, " for the present," the scheme
should be abandoned.
One difficulty was the proposal that no firm should
tion, at
sell partly finished
velvets outside
the combination.
The adoption
of this
abandonment
of the greater part of the export of vel-
item would have involved the
vets to the United States.
American dyers can pro-
duce nearly all colors in successful competition with
English dyers, and merchants who do a profitable
business in shipping grey or '^picker" velvets to the
States, which are afterwards dyed there, were naturally
unwilling to imperil
it.
Then,
too, the firms
Commonioated by our Special Correspondent
which
at Manoheater.
1275
hold a leading position and are doing well, whether as
manufacturers or as merchants, could see no way,
advantageous to themselves, of amalgamating their
interests with those of concerns which, either from
bad management or insufficient capital, had been less
prosperous.
There was, further, the difficulty of
assessing profits and charges in the case of merchants
who have large establishments and many departments
of which the velvet business is but one.
One interesting fact has come out during these negotiations, that
the English velvet dyers, notwithstanding the com*
bination which they have successfully established, are
keenly alive to the danger of fixing their prices so
high as to encourage outside competition. The advance which they have secured upon the lowest rates
of eighteen months ago
ranging from 40 to 100 per
cent was partly justified by the unprofitableness of
previous prices and partly by the increased cost of
coal and other materials used in their business and
by the rise in wages. They declare, however, that
they do not intend to sacrifice the position they hold
the foremost in the world in their particular industry by snatching a temporary advantage from their
monopoly.
The other scheme that of a combination of calico
printers has been completed, and the circular inviting subscriptions of a portion of the required capital
from the public was issued yesterday. This Trust embraces about 85 per cent of the entire producing
capacity of the United Kingdom.
Most of this is located within 25 miles of Manchester, but there are
very important print works in the neighborhood of
The non-participating concerns are for
Glasgow.
the most part engaged in special branches of the inOne at least devotes itself almost exclusively
dustry.
to the printing of " cretonnes " and pile fabrics, and
—
—
—
—
—
—
others are devoted entirely to the production of prints
for
India which they export themselves under welltrade-marks.
In these cases the proprietors
known
depending
and taking their good
preferred to continue on the old lines,
solely
or
ill
upon their own
fortune as
it
efforts,
may come.
The combination takes power
in its
" Articles
of
Stock Companies'
Acts, to create share capital to the extent of £6,000,000, and to issue debenture stock perpetual 4 per
At prescent mortgage debenture for £4,500,000.
the issue is not to exceed £5,000,000 of ordinary
ent
shares and £3,200,000 in debentures, the denominaThe statements in the
tion in both cases being £1.
prospectus as to the profits of the incorporated conAssociation," under the
Joint
—
—
cerns during the last few years, and the Auditor's report thereupon, are being carefully scrutinized, and
somtimes rt-ther adversely criticised, by would-be inIt has long been
vestors ank the public generally.
well known in Manchester that most branches of the
calico-priniing industry of this country have fared
badly in recent years. Several firms have either lost
money or l^ve made very little profit; two or three of
These adverse
the larger nes amongst the number.
fully taken into account in the
results are,lhowever,
Auditor's ijeport, and no one doubts that the statements issued in respect of the aggregate profits are
Altogether 59 firms and companies
quite truthful.
have entereji into the combination. Of these, however, 13 are *' merchant printers," having no works,
confining themselves mainly to the production of designs and supplying grey (brown) cloth to the actual
printers, although in some cases they may perhaps
THE CHRONICLE
1276
be the owners of the copper rollers, ia which a large
amount of capital is invested in this industry. The
works belonging to the remaining 46 firms and companies are
cept one at
England and Scotland, exRouen, which is in the hands of a Lansituated in
all
This
cashire firm.
also be
will
taken over by the
amount
Increase
Increase
Increase
Increase
Increase $49,642,994
October
close to
$5,245,121
5,004,870
4,437,378
4.617,678
Increase $12,415,169
Increase 12,688,621
Increase 12,264,122
Increase 12,275,082
August
September
Thus
is
Net.
Qrosa.
July
£8,047,031, of which £4,750,233 represents
real property and machinery.
The rest is the consid-
cerns
bring the results together in the
following.
to be paid for the various con-
entire
We
million dollars,
4 months
combination.
The
[Vol LXIX.
Increase $19,305,047
months the gain in gross has been
50 million dollars, and in net not far from 20
for the four
This
million dollars.
is
on the roads
Could we
returns.
of course only
book debts, copper rollers, furnishing regular monthly
etc., and good-will.
Only a few of the best firms, have the figures for all the roads in the country,
however, are to receive anything for the last-named the amounts would of course be materially initem.
In part payment for their properties the ven- creased.
dors are to receive £1,066,666 in debenture stock and
We need hardly say that the improvement here reeration for stock in trade,
£1,595,170 in ordinary stock. Thus, £2,661,836 of
the present issue of £8,200,000 is taken by the existing proprietors, leaving £5,538,164 to be subscribed
by the public.
corded
progressive
is
— that
follow gains last year,
and
the present year's gains
in fact the year before, too.
For October 1898 our table recorded $i,142,674 increase in gross and $2,280,143 increase is net, and
Various opinions are expressed by well-informed for October 1897 the increase was $5,110,672 in
people as to the success of the issue, and the prospects gross and $2,254,846 in net. Here are the totals for
of the investor in the Trust, which is to be known October back to 1894.
as the "the Calico Printers Association, Limited."
Qross Earnings.
Set iilitrHlitja.
Everyone sees that the state of the loan and share Year and
Swrnber
Increase or
Year
Tear
Year
Tnerecue or
Year
markets is adverse. A six per cent bank rate and a Of roads.
Preceding. Decrease.
Given.
Preceding. Decrease.
Given.
tight and uncertain loan market must necessarily inOctober.
%
%
$
duce caution.
Nor does the statement of profits 1894 (1431 66.872, 797 69.371,740 —4,093.913 83,578.830 23,706.458 —8,126,888
1895 aiO' 70.830, 251 61,560,498 + 6,269,75! 27.318,115 23.881,196 43,516,619
during the last few years present in itself a tempting 1896 (131) 67.166, 432 71,143,288 —3,976,856 85,048,736 20,729,463 -1,686,727
prospect for the investor;
many who know
ye',
the
under which this industry has
been carried on for some time past are disposed to regard it as having surmounted its worst troubles.
Calico printing has undoubtedly been a better business this year than it was in 1897 and 1898, and there
are some who look hopefully upon its future. It will be
no surprise, therefore, if the subscriptions to this im-
special disadvantages
portant issue should exceed considerably the required
1897 (130' 78.760, 687
1898 (127) 85.905, 816
1899 (131) 101,384, ,760
Jan.
73,650,015 •+5.110,672
61,763,142 44,142,674
28,94fl,531
83,163,472
86,694,686
30,88S,32W
4-2.280.143
89,109,67e -(-12.275,0d)i
38.063,967
33,446,289
4-4,617.678
4-8,854,846
1 to
Oct. 81.
1894 (136) 504,816,706 582,399,295 -77,583,539 148.378,442 179,029,374 -30,150,932
1896 (182) 548.448.791 612,634,107 1-29.484.681 170,216,019 153,083,415 -t-17,137,604
4-608,481
1896 (119) 530,191,8i)9 626,503,432 43,688,37/162,861,273 162,242,791
1897 (118) j585,177,167 556,603,197 4-28,673.980 187.491.57'; 168,733,263 fl8.758,3l4
1898 (118) 0r2.348.394 624,748,810 4-47,699,5941 214,670.380 197,168,666 4-17,501,715
j
1889 fl21) -7-2,715,C05 696,284,331 -1-74,430 67»,^24».032,96 216.574,706 4-27,4.58,262
When
the roads are arranged in groups, the pros-
perous condition of the carriers is brought out in a very
amount, notwithstanding the discouraging state of
emphatic way. Every group shows an increase in
the stock markets. The means of forming an assured
gross and in net, and for the 10 months of the calenopinion are, however, entirely wanting, and no one
dar year as well as for the month of October by it-
who
values his reputation as a prophet ventures to
self.
speak confidently on the subject.
8UMMAST BY GROUPS.
SIPTION OB
NET EARNINGS FOR OCTOBER.
In our compilation of gross and net earnings for
October we have but a repetition of the story of other
months; there
continuous and large improvement,
and the gains come from all parts of the country. In
gross the increase over 1898 is $I2,275,0S2, or 13 78
per cent, and in net $4,617,678, or 13*81 per cent.
As we have before stated in these columns, such
is
marked improvement
of a
movement
and
significant,
great
noteworthy
face
at
this
contraction
in the
time
particularly
is
since
it
occurs
both the
in
in
wheat
West and the cotton movement
in
the South.
1899.
1898.
1899.
1898.
October.
%
I
$
(
23,211,131
20.044,851
7.705.967
6,673.302
+1.182,,655
Inthra. coal. (7) 12,689,230
8,352858
East. & Mid. (13.
Mid. We8t'ii.(24i
7,114,714
Worth west'ndOi 14 509.037
Boathwest'n.d?; 9,71 4,903
Pacific Coast (13 16,058.066
10.937 939
s.ow.eie
2,786,941
+881,,7?3
Trunk
llnes..(13
(131 roads.)
1 'o October 31.
Incicose.
i:C.
17'83
9-39
2,910,099
1,366.915
97 0,331
+ 395,,684
5.987,819
2,659,676
2,008,388
4-661,,290
13.489,217
6,591,516
1,01P.513
6,168,06
3,"
12,157
+132,.481
+807,,0E6
2-15
9,064,231
13.901.617
7.470,401
6,473,182
4-997,,?13
16-41
12,577,541
2,lo»,2l7
10 853,21?
4.e67,06>
3,978.0f8
-.68*,,890
17-34
1 920,63t
831,893
781,526
-149,,7e8
6-37
Total. (131 r'ds 101,384,760
89.109,678
28.083.967
33,446.i!89
+1,617,678
lines. (13) 201,134,12' lPa,910,625
58,86 1.01P
63,518.617
19.075,0:3
16,951,013
SOQthem
Mexican
/on.
—
(31
(3
•
10-77
38-43
8-87
1 to Oct. 31.
&nthra.coal..'7;
93,888.72f
79,311,853
Bast. &Mid.(18)
Mid. West'u.i20)
North west'D (9
3outhwest'n(15)
PaoiflcCoa8t(i2
Southern.... (29^
28 698.742
25,911,7ei
9,171,641
51,051,282
49,343,25V'
17,796,663
15,270,28
107.686,836
98.377,174
38,78123'
36.336.240
73,924,141
68,141,522
26,185.654
19,9!r6,8P7
+5 311,402
+2,l?4.C60
+1.262.178
+2,625,278
42,143.991
+5,138,687
99.132.023
94,778,^2:
89,111,609
37,9*0,902
30,16»,75?
33,468.11 &
4-4,182,784
26,977,8 If
+3,lt.2,404
19,53 J,62C
17,304,18
7,1(0,2^9
6,157.761
+942,47-J
Trunk
Mexican
January
October.
Net BaminQs.
Oross Earnings.
(iBOUP.
(3
lotal. (121 r'ds)
87.839,540
7.909.1f6
9f8
ia'53
15-96
16-64
6'74
86-70
13-40
11-83
15-31
715,005 698.281,380 841,032,P07 216,574,705 f27,4£8.2e2, 12-68
(121 roods.)
I
1899.
1898.
Increase.
1899.
I
1898.
Increase.
In the case of the separate roads, the list of gains
is a large and extensive one, and there is no section or
Opcr. erp.
03,320,793 55,663.389
40,972,413
class of roads that does not contribute to them.
The
Net earn'sj 33,063,967 33,446,289|
4,017,678|244,032,967J216,574,705 27,458,262
losses of any consequence are confined, at least in the
The increases in the totals of earnings have been gross, to roads in the South or Southwest, which have
very heavy now for several successive months.
Since suffered a reduction of their revenues by reason of
the first of July the amount of gain in gross has been the great shrinkage which occurred in the movement
each month over 12 million dollars and in net over 4 of the cotton crop.
Gross eam's 101,384,760 89,109,678
.
.
12,275.082 772,715.005 698,284,330
7,057,404 528,082,038 481.709,625
74,480,075
December
THE CHRONICLE.
23, 1899.]
PRINCIPAL CHANGES IN
GROSS
Pennsylvania t
'$1,631 ,600
Phll.&Read.andC.&I. 1,350,163
Southern Pacific
1,062, 3«-2
Illinois Central
545,724
Atch. Top. & Santa Fe.
458,218
Southera Railway
414,728
Louisville & Nashville
407,919
Baltimore & Ohio
406,347
Canadian Pacific
395,875
Erie
373,042
Northern Pacific
319,633
Union Pacific
270,130
Wabash
261,060
Ohio. Mil. & St. Paul.
249,234
Yazoo & Miss. Valley.
246,791
Cleve.Cin.Chic.& 8t.L.
218,470
Grand Trunk
205,088
Central of <New Jersey
19^,483
Chic. Rock I. &Pac...
185,8'?
Chic. Burl. & Qutncy.
182,404
Mexican Central
174,942
Hocking Valley
147.374
Norfolk & Western....
133,791
Mobile & Ohio
128,533
Kan. C. Ft. Sc. & Mem.
114,23 5
Phila.Wilniing.& Bait.
106,700
Chic. Great Western..
106.162
Northern Central
102,500
Leh. Val. RR. & L. V. C.
92,899
Rio Grande Western.
91,261
Chesapeake & Ohio...
91,104
N. Y. Ont. & Western..
85,938
Wisconsin Central ..
83,105
Denver & Rio Grande.
« 1 ,7 1
EARNINGS IN OCTOBER.
Increases.
Buffalo Roch.
Minn. &
Chicago
&
Pitts.
Louis
East 111
St.
&
WestN. Y. &Penn....
Chic. Indpls
*
Louisv.
Lake Erie & West
Louis & San Fran.
Mexican National
St.
Bur. Ced. Rap & Nor.
AllcKheny Valley
Minn. St P. & 8. 8te M.
Cin. N. O. & Tex. Pac.
Nash.Chat.A St. Louis
Alabama Gt. Southern
Kan. C. Mem. & Birm.
Sav. Fla. & Western..
Clev. Lorain
Wheel.
&
Colorado Midland
St.
Paul&Duluth,
Peoria
&
...
Eastern
& Grand
Trunk.
$76,166
73,929
73,164
73,022
63,404
60,821
59,267
58,688
57,078
48,490
51,315
50,875
49,708
46,010
40,531
39,485
37,1 59
36,998
36,863
36.317
32,246
30,490
—The most sensational
1277
event of the week was the suspen-
Monday of the New York Produce Exchange Trust
Company and of Henry Allen & Co., a stock commission
sion on
The immediate cause of the suspension of the trust
company was the absence of liquid assets and a run upon the
house.
by depositors who had taken alarm at rumors of
the insecurity of the company. These rumors grew out of
an examination of the affairs of the concern by the State
iostitution
Bank Examiner. It appears in a statement by Edwin Gould
that after he had been connected with the company as
Director and Vice-President for a short time he discovered
that the representations made to him, as to the assets and
liabilities of the company, were misleading, and therefore he
resigned September 17. The directors did not act upon his
Promises were made to him that certain interwould withdraw from the company at the January
Total (representing
meeting, and so he recalled his resignation November 28.
67 roads)
$12,056,000
Last week, in consequence of fresh rumors affecting the
Decreases,
stability of the company, depositors began to withdraw their
Mo. Kans. & Texas...
$90,320
St. Louis Southwest...
64,858 deposits and made suspension necessary.
Central of Georgia
39,186
Rio Gr...
Ft. Worth &
In a letter to the directors dated Dec. 5 Mr. Gould pointed
31,817
out the fact, discovered by him, that the item of "other
Total (representing
Chic.
Ohio River
4 roads)
$226,181
Covers lines directly operated east and west of Pittsburg and Erie.
The gross on Eastern lines increased $974,500 and on Western lines
Increased $657,100.
t
resignation.
ests
bonds
' in the
company's statement consisted chiefly of th«
shares of an underwriting syndicate, which item in the state-
ment, however, was subsequently changed so as to be more
in accordance with the facts.
He also stated that he found
PRINCIPAL CHANGES IN NE C EARNINGS IN OCTOBER.
large sums of money had been tied up in aiding the underIncreases.
increases.
Southern Pacific
$466,756 Chic. Indpls & Louisv.
46.025 writing of certain industrial enterprises until the amount so
Atch. Top. & Santa Fe.
421,202 Sav. Fla. & Western..
43,003
Baltimo'e & Ohio
376,863 Rio Grande Western
42,860 invested, together with commitments to these concerns,
Illinois Central
366,821 Kan. C. Ft. Sc. & Mem.
42,394 equaled nearly if not quite the combined capital and surPhll.A Read. andC.&L
308,423 Chic. Great Western..
39,811
Pennsy vania t
28i*,800 St. Paul & Duluth
39,57f> plus.
Most of this amount, he said, was at present uncollectPhila.Wilming ABalt.
266,000 Chicago & East 111.
37,487
ible; it was due at indefinite times and with certain priviYazoo & Miss. Valley.
222,603 Lake Erie & Western
36,668
Northern Pacific
183,547 Minn. & St. Louis
34,917 leges of renewal to the borrowers. The item cf " S3'ndicate
Southern Railway
175,806 St. Lou's & San Fran..
32,253
Canadian Pacific
Eastern..
155,171 Peoria
31,597 loans," .$4,423,500, which appears in the statement of re.
I
. .
<fe
Cleve.Cln.Chic.&St L.
Wabash
Chlo. Burl.
& Quincy
Erie
Hooking Valley
Union Pacific
Norfolk & Western
Louisville
...
& Nashville
Grand Trunk
Minn.
St. P.
& 8. St. M.
New Jersey
Chicago R. I. & Pacific
Pacific Coast
Buffalo Rooh. & Pitts..
Northern Central
Central of
140,982
11H,369
109,195
101,378
93,901
91,315
91,172
90,704
84,684
65,536
64,387
61,931
59,986
55,056
$53,500
N. Y. Ont.
&
Western.
31,121
Total (representing
48 roads)
$4,972,799
Decreases.
Chlo. Mil.
& St. Paul.
Mo. Kans. & Texas...
L. V. RR. and L. V. Coal
Central of Georgia ...
St.
Louis Southwest.
..
Total (representing
6 roads)
&
$229,471
168,915
150,065
45,883
33,946
$628,180
Covers lines directly operated east and west of Pittsburg and Erie.
The net on Eastern lines increased $292,500 and on Western lines decreased $2,700.
t
ITEMS ABOUT BANKS, BANKERS AND TRUST CO'8
— The
auction sales of bank stocks this week aggregate
shares and were limited to transactions in the shares
of three institutions.
The sales of trust company stocks
1673^^
reach a total of 106 shares.
made at the Stock Exchange.
No
Shares. Bxkks— New York.
8 Corn Exchange Bank
I5213 Mechanics' & Traders' Bank
7 North America, Nat. Bank of
Trust Companies— iV^ew York.
6?>
America, Trust Co. of
6 Central Trust Co
35 International Banking
Trust..
&
sales of either class
Price.
37o
100
205^4
sources of the company Dec. 16 is said to represent loans to
syndicates which undei wrote the stock of the United States
Flour Milling Co., and the syndicate which was promoting
the Seaboard
Roanoke deal.
After the suspension the affairs of the company were
turned over to a committee consisting of Edwin Gould,
George R. Bidwell, Edward A. Maher, Frank Brainard and
Chas. P. Armstrong, who issued a statement declaring that
they were assured, as the result of an examination they had
were
Last previous sale.
Dec. '99— 375
Nov. '99— lOOia
Nov. '99— 206
205%-206ifi Deo. '99— 220
July '99— 200014
Dec. '99— 160
2000
160
—The annual meeting of Group No. 5 of the New York
State Bankers' Association was held at Albany December 15,
when E. T. Johnson, Cashier of the First National Bank of
Glens Falls, was chosen Chairman, and Frank P. Salmon,
Cashier of the State Bank of Chatham, Secretary, for the ensuing year. Addresses were made by Charles Adsit of Hornellsville, by Governor Roosevelt and by Superintendent
Kilburn of the State Banking Department.
—The National Union Bank of this city, which, since its
organization eight years ago, has refrained from paying dividends in order to accumulate a surplus equal at least to its
capital, on Tuesday declared its first dividend (5 per cent),
payable January 2. The surplus and undivided profits, as
reported to the Comptroller of the Currency December 2
made, that the depositors would be paid in full, and that at
the end of the liquidation a large surplus would remain for
the stockholders.
The company was organized and began business March 7
1898 with a capital and surplus of |5OO,O0O each. This capital and surplus were increased to |2,500,000 each July 21
1899.
The company did not at the time of its suspension
clear through a Clearing House bank, having withdrawn
from its agency, the Western National Bank August 31, and
soon after it announced that it would collect out-of-town
checks free Of charge.
—On Monday,
when the panic at the Stock Exchange was
Morgan & Co. loaned on the Exchange
at its height) J. P.
This transaction materially al$1,000,000 at 6 per cent.
layed the excitement. At the same time, through the suggestion of th« same firm, a meeting of prominent members
of the Clearing-House was held at which in half an hour
$9,000,000 was contributed by nine banks, and this amount
together witl $1,000,000 contributed by the Central Trust
Co., was al30|offered on the Exchange, altogether causing a
The next mornfall in call money from 186 to 6 per cent.
ing, Tuesday! another meeting of Clearing-House members
was held, when a pool of $10,000,000 was made up for the
relief of the Honey market, but only $5,000,000 was loaned,
and this amotint was placed at from 30 per cent to 10 per
cent.
—
On Monday afternoon the Secretary of the Treasury announced thatjthe Government had decided to increase the
number of depository banks and the amount of deposits in
such banks, Vlth the hope of relieving the embarrassed
were $1,301,700.
monetary situation at New York. To this end the entire
—Owing to dissensions among the directors and some of receipts of th4 Government from internal revenue for the
the stockholders of the Franklin National Bank, in liquida- next thirty daj^s will be allowed to go to the depository intion, which seem to threaten a dissipation of the assets, stitutions instead of into the Sub-Treasury.
The following
Judge Lacombe, of the United States Circuit Court, has ap- is the official announcement
pointed Charles R. Shaw receiver to wind up the affairs of
"The Secretary of the Treasury announced at the close of
business to-day that he would increase the funds in deposthe bank.
THE CHRONICLE.
1278
[Vol.
LXIX.
banks now existing and would designate new depository tiding over a temporary embarrassment. The other finanmay aoply and qualify themselves by deposit cial troubles in Boston this week seem to have deranged the
of United States bonds, as the law requires. To such banks plans of the directors of the Globe Bank, and the Compthe incoming receipts from internal revenue, estimated at
about one million dollars per day, will be distributed. The troller of the Currency has placed the institution in the
large balance in the Treasury will enable the Government to hands of a receiver. It is still believed, however, that the
deposit a total of $30,000,000 or $40,000,000 should so much embarrassments of the bank will soon be relieved through
be applied for.
the efforts of the directors to remove doubtful assets.
In view of this action of the Secretary of the Treasury,
It is announced that a regular dividend of 6 per cent and
the Clearing-House Committee on Tuesday adopted the folan extra dividend of 5 per cent have been declared by the
lowing resolution
Bowery Bank, payable January 2. The previous dividend,
Resolved. That the Clearing-House Committee request the
it may be noted, was 6 per cent, on July 1, 1899.
trust companies of New York to lend their United States
bonds to the Clearing-House Committee or to the banks
itory
banks, which
—
:
direct for the purpose of facilitating the deposit of internal
revenue receipts in the banks, and in this manner relieving
the money market.
—On Saturday last the Broadway National Bank of Boston
pCxrtuetavsil (^ommtxcinVg^nQlish^ews
suspended as the direct result of the failare of John P.
Squire & Co who suspended on Friday with liabilities of
about $3,000,000. Frank O. Squire, the head of this house,
is Vice-President of the bank, and hence the institution was
directly affected by the embarrassments of the firm. The
Broadway Bank, on the announcement of the Squire failure,
applied to the Boston Clearing House for assistance but that
organization being committed to an issue of $3,500,000 Clear
ing-House certificates to the Globe National Bank, could not
extend similar aid to the Broadway and therefore the bank
suspended. Later advices seem to indicate that the suspen
London, Saturday, December 9, 1899.
Business continues very inactive upon the Stock Exchange,
although markets have been somewhat more cheerful during
the past couple of days, and perhaps there has been some
small increase in business. Essentially, however, the market
is exceedingly dull, and is likely to continue so for some
weeks yet. The absence of decisive news from South Africa
has, of course, a considerable effect in depressing market?.
It was generally, though ungroundedly, anticipated by opertors that by this time the British force in South Africa
would be so large that the resistance of the Boers would be
rapidly broken down, and that peace would therefore be
well in sight. The belief is as strong as ever that there can
be but one ending to the struggle. Nevertheless the protraction of the contest is trying to the patience of those who
bought stocks in large amounts in the hope that they would
speedily be able to sell at much higher prices.
But though the war to some extent accounts for the absence of activity, the really efficient cause is the scarcity
and dearness of money. Even at the time of the Baring
,
be temporary. The institution was incorposion will
rated in 1853 with a capital of $50,000, which was increased
to $200,000 in 1864 when the bank was reorganized under the
National system. The last reported surplus was $228,699.
meeting of incorporators
of the Manufacturers' Trust Co. of Providence, R. I., an institution formed for the purpose of succeeding to and aa
suming the business of the Manufacturers' National Bank of
that city, the following were elected officers: J. Edward
Studley, President; Newton D. Arnold, George L. Shepley
and Walter Callender, Vice-Presidents, and Gaorge W.
Lamphear, Treasurer and Secretary. The directors are:
Gilbert A. Phillips, Newton A. Arnold, Charles Matteson,
George L. Shepley, J. Edward Studley, Walter Callender,
George W. Congdon, Elisha S. Aldrich and George H. Rob-
—It
is
announced that
at a recent
inson.
—The annual
meeting of the
New Jersey Title
Guarantee
&
Trust Co. of Jersey City was held on Tuesday, when A. S.
Garretson was elected President, William H. Corbin and
George F. Perkins Vice-Presidents, J. E. Hulshizer, Jr.,
Treasurer and Secretary, and John OUendorf title officer.
Bernard M. Shanley was elected a director to succeed Frank
Stevens, who resigned. The other directors chosen were
Abram L. Garretson, E. F. C. Young, Charles L. Corbin,
William G. Bumsted, George F. Perkins, De Witt Van
Buskirk. Earle Insley, William H. Corbin, John A. Walker,
Frank H. Earle, James B. Vreedenburgh, Spencer Weart,
Lawrence Fagan and Edward L. Young. The business of
the company has been quite successful; the depo3its now are
$7,000,000,
an increase of $1,700,000 in
less
than
six
months.
—It
was announced on Thursday that the National City
Bank had been designated by the Treasury Department as the
depository of internal revenue receipts in this city. The bank
distribute to such other designated depositories as
qualify therefor such portion of the internal revenue receipts above noted as may be directed by the Treasury.
Washington dispatches say that up to December 21 $13,920,500 bonds had been accepted by the Treasury as security for
will
public money. The receipts of bonds at the
Treasury have amounted to $10,396,000.
Nev York
Sub-
depositors of the Cocheco National Baak of Dover,
N. H., which failed last summer, have received a final divi
dend of 25 per cent, which is in full of all demands. The
rapidity of the settlement of the affairs of this bink is due to
the efforts of E. H. Carroll, one of the bank examiners of the
—The
New Hampshire
district,
who was made
receiver of the
bank. Mr. Carroll, it may be noted, hadchargeof the affaiis
of the Colebrook National Bank of Colebrook. N. H., which
failed a year ago, and in six months he collected $112,000
of the bank's funds and paid depositors in full.
—
The fact was noted in this column last ^eek that the
Globe National Bank of Boston had received assistance, in
the form of Clearing-House certificates, for the purpose of
[From oar own oorrespondent.]
a 6 per cent rate was found suffi:;ient. But now,
been when
trade is as sound as it ever has
is looking forcredit is excellent, and when everybody
ward to the New Year in high hopes, there is talk of a 7-percent rate. It is quite true that it is only 10 days since the
rate was raised to 6 per cent; but because gold has not begun
crisis
when
to flow in already in large amounts, the market is growing
impatient, and croakers are predicting an advance to 7 per
Moreover, it is known that the Government expend!
ture on the war is very large. It is feared that gold may
have to be sent out to South Africa in large amounts; and
therefore people are apprehensive that they may not be able
to get the accommodation which they may require from
cent.
their bankers.
Lastly, gold is going in considerable amounts to Argentina
Argentina is doing excellently well. The wheat crop is now
the latest accounts are
to the effect that it is large in quantity and excellent in
quality. The prospects of the maize crop are also very good.
The wool clip has been very large, and the eagerness of
at last beginning to be reaped,
and
all
buyers has been such that the greater part of it has been
Prices, moreover, have risen very
purchased already.
rapidly, fully 20 to 25 per cent above the level of those
ruling twelve months ago in some cases very considerably
more, even. The result of all is that for the moment Europe
owes much more to Argentina than Argentina owes to
Europe, and consequently gold is going in considerable
amounts. The estimate is that about 3 millions sterling
will be required altogether. Of this nearly two millions
have gone already, and it is hoped that about half the remainder will be furnished by the Bank of France, although
it is by no means certain that the Bank will allow so much
Still it is to be recollected that the Arto be withdrawn.
gentine wool is of an inferior quality, which does not suit
either American or British requirements, and it is bought
almost entirely by French and Austrian manufacturers.
;
The debt on account of wool is, therefore, due from French
buyers. But the payments are made from London.
In spite of all that is going on— war and dear money and
Trade is wonderfully
the like— trade is as active as ever.
good, likewise, in most parts of the Continent, and the hope
is strong that next year will be one of the best that has been
known for a very long time past. The Board of Trade reThe value
turns for November are again very satisfactory.
of the imports was £44,244,811, an increase of £2,175,997, or
Dexjember
THE CHRONICLE.
33, 1899.J
about 5-1%, and the value of the exports of British and Irish
produce was £24,571,940, an increase of over i% millions
sterling, equal to very nearly 24^; but in the exports the
value of new ships sold to foreign owners is included, and
amounts to £4,832,821.
The directors of the Bank
England have made no
Indeed nobody
anticipated that they would. Bat the market is not sure
that an advance to 7 per cent will not become necessary.
The best opinion, however, is that there will be no need for
a further rise. In about three weeks now there will be very
large payments on account of interest an4 dividends, not
only by the British Government and British companies of
all kinds, but by foreign governments and foreign corporations, and therefore during the first half of January it is
change in
of
their rate of discount this week.
reasonable to expect a considerable relief in the market.
The stringency in New York, Berlin and the Scandinavian
and
and comparative ease will take place. Therefore if the Bank of England can tide over the next two or three weeks without having to raise its rate of discount there should be no need of an
advance once the new year has set in.
In the new year, however, although there will be comparative ease for a part of January, it is to be expected that
the directors will use every effort to keep control of the
open market. For the expenditure on account of the war
will be very large indeed in the first three months of 1900.
The Government will have to borrow considerably. Money
will have to be sent abroad to pay for all sorts of necessaries
bought abroad, and a good deal of money will have to be sent
to Argentina. Daring the first quarter of the new yeartherefore, it is probable that rates will remain very high in
London. Bat if there are high rates in London while there
is comparative ease abroad, it is reasonable to anticipate
that gold will begin to flow in, and that gradually a normal
countries,
in Belgium, will likewise be reduced,
state of things will return.
On Thursday
Bank
France somewhat unexpectedly
raised its rate of discount to d}4 per cent, from 3 per cent.
As the Bank has been steadily refusing to pay out gold and
^w the other great French banks have not been lending
to foreign countries so freely as some time ago, the general
impression in Paris was that no action would be taken.
However, a rise of }4 ^^r cent has been decided upon.
the
of
1279
&
Messrs. Pixley
December
Abell write as follows under date of
7:
Gold—There still continue enough Inquiries from the Continent to
prevent arrivals, which continue on a small scale, from reaching the
Bank. The only movements at the Bullion Ottice to record are arrivals of £52,000 in French gold, but an important withdrawal for
South America is expncted in addition to £3f>.000 withdrawn to day.
Arrivals—Australia, £49,000; Bombay, £96,f 00; River Plate, £16,000;
West Indies, £18,00 J; total, £179,000. Shioments Nov. 30 Bombay,
£10,000.
Silver— With the completion of China new year requirements, silver
slightly weakened to 27isd., hut with a small demand for India the
market has since hardened and closes steady at 27 3- 16d. The Indian
rate is to-day quoted at Rs. 68% per 100 Tolahs "forwatd." ArrivalsNew York, £147,000; Australia, £11,000; West Indies, £36,000;
total, £224,000. Shipments Nov. 30; Bombay, £130,000; Singapore,
£5,270; Shanghai, £52.1^00; total. £187,779.
Mexican Dollars— These coin, although with no actual business, are
slightly firmer than when last quoted.
:
The quotations
for bullion are reported as follows
:
Gold.
Dec.
N^ov.
Silver.
Drc.
Kov.
Londoti Standard.
7.
30.
London Standard.
7.
30.
d.
s.
77 9ifl
U. S. gold ooin...oz. 76 5
Germ'n gold coin. oz. 76 6^
French gold ooin.oz. 76 6^
oz. 76 5
Japanese yen
Bar gold,
oz.
fine
912
5
6^
61s
5
d
d.
d.
s.
77
76
76
76
76
Bar silver, flne...oz. 27^16
Bar silver, contain'g
276,
do
do
do
5 grs. gold.oz. 27Uif i713,„
^7 38
4 grs. gold.oz. 2758
3 grs. gold.oz. 27o,p ^Vii«
oz. 29b,
^97,,
Cake silver
Mexican
dollars. oz.
27
'6-^8
The following shows the imports of cereal produce into the
United Kingdom during the first fourteen weeks of the new
season compared with previous seasons
lUPOBTB.
189S.
15,884.300
9,983,300
4,497,170
651,570
737,240
12,724,400
5,369,630
1899.
tmportsofwheat,owt.l7,429,46o
Barley
5,713,300
Oats
5,268.000
Peas
1,042.900
Beans
Indian
Flour
503,3i
Com
17,335,400
6,083,300
1897.
1896.
18,621.030
8,«43,450
6,615,694
5,922,640
4,165.820
1,261,555
839,800
1,031,110
993,240
11,711,800 17,342,200
6,013,470
4,715,200
18, 506,700
Supplies available for consumption (exclusive of stocks on
September
1):
5,369.630
9,740,000
1897.
18,206,700
4,715,200
9,716,811
1896.
18.621,030
6,013,470
30,993,930
1898.
32,638.711
1897.
82,998.354
1896.
1898.
1899.
Wheat imported, owt.l7.429.400
15,884.3*00
6,0H3,30O
Imports of flour
Sales of home-grown. 9,744,220
Total
33,256,920
1899.
Aver.prlce wheat, week 258.
price, season. 268.
Average
278.
278.
7d.
3d.
7d.
Od.
The following shows the quantities
afloat to the United Kingdom:
8,363,854i
32s.
288.
8d.
4d.
of wheat, flour
and
9d.
3d.
338.
33s.
maize
Last weeR.
This week.
1897.
1898.
2,245.000
qrs.. 1,433,000
1,530,000) o rton nnn
The India Council continues to sell its drafts exceedingly Wheat
445,000
315,000 $ "•"^"•""^
Floor, equal to qrs..
355.000
well. On Wednesday it offered for tender 40 lacs and the Maize
565,000
805.000
1,020,000
qrs.. 1,065,000
applications exceeded (514 lacs. The whole amount offered
was disposed of atprices ranging from Is. 4 l-16d. to Is. 4i^d.
The British imports since January I'have been as follows:
The following return shows the position of the Bank of
Difference.
1898.
1899.
<
(
England, the Bank rate of discount, the price of consols,
<fec., compared with the last three years
:
1898.
1899.
Dec.
Dee. a.
£
1897.
£
28,<M6,B0O
«.8e8,0«l
S0.217,7«3
12,<'fl0.><80
11099.536
Other securities
Reserve of notes and coin
Coin & bullion, both departm'ts
Prop.reserve to liabilities.. p. c.
29.48r)9M9
18,951.694
30,797.194
44 5-16
26.»ei.98S
percent.
rate.
Consols,
Silver
a^
26,870,225
7,623.919
35 917,094
12,726.816
9-<2l5
2(5,
80,869.H',8
273-l«d.
221.254,000
8i,-*5l,419
81.V60,7la
50 11-16
4
110J6
27 9 led.
168,438,000
102J^
Clearing-House returns
£
87,122.rt95
87,181.365
5.9n4.092
85,0?4,0i7
*tt
per cent.
i>ec. 9.
£
Circulation
Public deposits
Other deposits
Government securllies
Bank
1896.
Dec. 8
7.
32,177,114
60
«,5F8.8:^8
42,471 307
13,762.9HH
26,649,177
26.«17.7b7
86.d-8.0ia
51 1-ie
4
8
112;C«
13-10
«?gd.
136,0t.o,000
111 7-16
285^d.
124,167,000
• l<ov. 80.
The rates
money have been
as follows
L(mdon.
Bank
8 Months.
"
"
Banks OaU Dayi
-I-8-89
-1-14-3'
-f2,175.997
H-5'17
11 months.. 444,339.264
425,283.431
-H9,055,833
-1-4-48
1
5«
69i®5^
6
5W@59^
8
6
®«k
6
&«ii
4
4
4
4
Nov.H
1.
Rate.
Open Bank
Market Bate.
8
Paris
Berlin
6
8
Nov.
«
Frankfort...,
6
Amsterdam.
5
Brussels
5
Vienna
S
Petersburg.
«
7
4
3
4
Copenhagen....
6
a
6
Market Rate.
Open
Market
3
5%
6
5
3
e
6
6
6
Madrid
St.
Bank
6
6
6
BH
....
Open.
8
8
3
4
—17-51
-f 4,032,333
-fll-23
213
-t-3, 163.591
-1-9-37
-|-3,489
£
-(-570,640
-I-2-96
1,535.525
-(-801
-hO-07
+-8-39
^.
2\055,558
23,956,652
22,741,119
11 months.. 234,059,236
212,412,334
1
*H
5«
e«
8
a
6
8
4
6
8
a
-f
Per
-(-16,4'^9
-H,469,070
+3,163,904
Ot-
-t-17-68
-(-2,044.440
-f-10-.=S3
+2,660,-500
+1.861.286
+2,110.473
+3,393,632
+2,920,912
+13-23
+9-22
+10-58
+17-13
+14-74
+21,646,852
+10-19
of foreign and colonial produce since
show the following contrast:
1899.
Be-kxporti.
January
,
February,...
1898.
£
&
Differeriee.
£
Per Ot+9-34
+437.599
+5r>0,^73
+9'3'i
October
November....
+141,6'6
-170,^88
+640,262
—65.787
+198,487
+522,185
+954,268
+462,268
+638.678
+2-77
—2-78
+12-54
—1-17
+S-79
4,660,557
5,560.851
5,169,512
4,682.661
5,327,537
5,100„574
6,139,253
5,106,534
5,617,003
5,243,001
4,531.548
3,706,?89
5,098,583
4,530,834
+9*06
+14-09
11 months
59,393,658
55,084,817
+4,308,841
+782
March
J
April
J
Mav
1
June
5H
*H
iH
6«
8M
Difference.
The reexports
17.
6
3
S
6
6
5
5
5M
5«
5«
*H
*H
5«
"Hamburg
Bank
Open
Market Rate.
-(-8-40
-683,362
«
18.965,081
21,055,258
21,458.136
22,650,178
22,047,302
May
I
Bank
4-3,170,450
1898.
20,8.=iO,334
April
January
Dee.
-3-24
—2-21
have boen as follows:
19,231,404
17,641,849
20,833,865
17,496,011
17,891,354
19,413,696
20,089,878
20.18H.016
19,915,035
19.863.020
19,820,207
August
and open market rates at the
have been as follows
Dee. 8.
Rates of
Interest at
1
—889.694
—«-52
19,802,044
19,177.a74
July
rate of discount
«hief Continental cities
since January
—184,180
—1,920,441
£
Exports.*
January
February
March
June
4%
6
The Bank
-1-5,531,616
October
November....
Joint Dia't H'tStock At 7-14
3M 3«
SH
5
5
8
Sec.
4Jlfoi.
4«
10
17
84
38,599,202
42,068,814
35,5f>7,488
September..,.
3 Mos.
Per Ot
+3-22
1899.
Trade BilU.
6 Months.
4 Months.
-1-1,287,315
39,929,291
35,770,874
43,412,829
40,246.716
37,706,378
39,032,305
35,903,039
37,204,185
:
Interest allowed
for df posits by
BilU.
&
&
&
41,216.606
February.... 35,586,694
March
41.492,388
April
39,357,022
^fay
40,876.«2K
June
38,348,943
July
39.935,372
August
40,693.398
September..,. 38,721,079
October
44,130,818
November.... 44,244,811
The exports
for
Open Market Rate*.
Nov.
I
Imports.
January
]
July
]
Auffust
Sfeptember....
.1
.
Excluding
5,120,260
5,878,110
5,242.270
5,968,665
5,746,796
5,551,216
5,441,488
5,0"i3.733
me value of new ships, not recorded prior to
+1152
+2.'S-72
1899.
THE CHRONICLE.
1280
Euslisb Finauclal ]Vlarket8— Per Cable.
The
closing quotations for secvxrities, etc., at London
are reported by cable as follows for the week ending Dec. 22
dailj'
The following table shows the exports and imports of
specie at the port of New York for the week ending Dec. 16
and since January 1, 1899, and for the corresponding periods
in 1898 and 1897.
EXPORTS AND IMPORTS OP SPECIE AT NEW YORK.
London.
per ounce
Silver,
d.
p. cts.
new, 2%
For account
Consols.,
Great Britain
France
Do
&
$2,450,000 $11,475,000
7,397,580
3,250,000
"i4,6b"o
5,789,145
39,712
486,772
145,246
Total 1899.
Total 1898.
Total 1897.
$2,464,000 $28,583,455
170,430 10,449,599
38,250 29,899,191
Germany
West Indies...
Mexico
South America
Canadian Pacific
Chesapeake & Ohio
Den.
Paul...
Rio Gr., com....
do Preferred
$6,407,339
2,933,056
1,128,132
2,219,786
689,961
609,480
97,237
$27,357
20
3,944
15,271
400
Imports.
Exports.
Since Jan.
Week.
$11,354
$462,438
10,308
2,890
62,584
85,530
624,799
1,660,416
"9,655
West Indies
Mexico
South America
All other countries.
.
Total 1899
Total 1898
Total 1897
South'n Railway, com..
Preferred
Pacific
\8inceJan.l.
Week.
2,026,595
238,3C0
545,289
9,600
147,601
10,856
Germany
'Phila. A Resd
*Phila. <fe Read. ,1st pref.
*Phila.
Read. 2d pref
Southern Pacific
I.
$721,350 $41,396,048
Great Britain
France
Pennsylvania
&
$46,992 $14,084,991
1,300,245 98,846,930
42,429 13.650,246
Silver.
N. Y. Cenfl & Hudson..
N. Y. Ontario & West'n
Norfolk <fe West'n, pref.
Northern Paoiflo, com..
Preferred
$731,005 $44,374,2b9
1,056,600 4 6.066,847
936,693 45,123,593
5,369
1,078,251
57,650
,
$3,899,231
2,666,111
3,029,955
$162,358
4.767
69,906
Of the above imports for the week in 1^99. $20 were
American gold coin and |14 American silver coin. Of the
exports during the same time $2,464,000 were American gold
Preferred
Wahash, preferred
*
Since lan.l,
St.
Erie, common
1st preferred
lib noi 8 Central
Louisville & Nashville..
Mo. Kan. <fe Tex., com..
Union
Week
Since Jan. 1
All other countries,
'
Baltimore & Ohio
Preferred
&
Imports.
Exports.
Gold.
'•
Week.
Fr'ch rentes (in Paris) fr.
Spanish 4s
Atch. Top. & Santa Fe..
Preferred .-
Chic. Mil.
[Vol. LXIX.
Price per share.
coin.
Reports of Non-Member Banks.— The following is the
statement of condition of the non-member banks for the
week ending Dec. 16, based on averages oC the daily result.
National Banks.— The following information regarding We omit two ciphers (00) in all cases.
national banks is from the Treasury Department.
DepoBH. v>\t)
Leg. 2
LoansJc
Bitt
MATIONAL BANK ORGANIZED.
Capi8ur- Invesi- Specie. AB'k OUar'o Other
BANKS.
5,231— The Fir^t National Bank of Linsforl, Pennsylvania. Capital,
Notei. Agent. Bke.iei voiit*.
tal.
pltu.
ments.
(00s omitted.)
$50,000. Albert J. Thamas, President; T. J. Nusbaum,
NiwToBK City
Vice-Preiideat; William H. Kohler, Cashier.
Certificate isBorough of
sued Nov. 9. 1899.
'9
9
9
manhattan.
$
$
9
9
5,235—The Turrington National Bank. Torrington, Connecticut. Oolenial
100,0
19,9
73,3 143,8
1,245,8
96,6 1,109,3
Capital. $10 '.000. George D. Workman, President; Hosea Columbia
790 146,0
99.0
6,0 3,121.0
300,0 300,2 3,174.0
Mann. Cashier. Certificate issued December 9, 1899.
67.9 316.6
66,8
1,389,3
Eleventh Ward... 100,0 iai,2 1.194,2
5,236— The Commercial National Bank of Muscogee, Indian Territory. fourteenth Street. 100,0 67.0 1,036,7 43,2 64,8 163.6
1,225,6
® onxm^rcial nmX '^isctllmuans giextrs
'.
.
.
i
George H. Williams, President; Ira B.
Cer ificate issued Dec. la, 1899.
CORPORATE EXISTENCE OF NATIONAL BANKS EXTENDED.
2,446— The National Bank of Ogdensburg, New York, until Dec. 3,
Capital, $50,000.
Kirkland. Cashier.
15119.
2,444— The Farmers and Mechanics' National Bink of Cadiz, Ohio,
until December 8, 1919.
2,445— The First National Bank of Grafton, West Virginia, until December 16, 1919.
2.452— The Lititz National Bank, Lltitz, Pennsylvania, until Dec ember 17, 1919.
200,0
200,0
Hamilton.
100,0
dome..
250,0
Mount Morris
200,0
lintaal
e^ineteenth Ward. 100,0
100,0
Plaza
100,0
Kiverside
100,0
State
300,0
rwelfth Ward
rwenty-tbird W'd. 100,0
200,0
QulOD Square
100,0
Torkvine
547—The National Bank
of Commerce of Philadelphia. Pennsylva
has gone into voluntary liquidation bv resolution of its
stockholaers dated Nov. 28, 18rf9, to take eff -ct Immediately.
nia.
INSOLVENT.
of San Die.go, CaL, Charles
H. Hale, aupoluied Receiver, in place of William J. Cook,
resigned, to lake eflfect D>-o. 5, 189n.
551— The Broadway National Baik of Boston, Massachusetts, is
insolvent, and was on the 16th dav of December, 1899, placed
in the hands of Danit-1 G. Wing, receiver.
ADTHOEITT FOE CONVERSION TO NATIONAL BANK APPEOVED,
The Bank of Homestead, Homestead, Pennsylvania, to convert to
the Homestead National Bank, with a capital of $100,000. approved
December 9, 1899. Blanks sent to Chas. R. Smith, Homestead,
Pennsylvania.
—
Imports and Exports for the Week. The following are
the imports at New \ork for the week ending for dry goods
Dec. 14 and for the week ending for general merchandise
Dec. 15 also totals since beginning first wtek January.
;
Dry Goods
$2,09-(,i93
667,5
63,3
122,6
37,4
140,1
113,8
163,6
79,3
66,4
328,8
162,5
1,941.0
1,513,6
982,4
1,864
43.3
64.0
42,7
23,6
131,0
11,3
206,0
30,3
42,2
63,6
Avenue
Kings County
Ifamifacfrs' Naf)
steobanlCB
Meoh'8' A Tradr'8
Nassau National..
National City
North Side
People's
Sohermerhom
Seventeenth Ware
Spragne National..
rVenty-siith W'd.
Dnlon
Oerman- American.
Borough of
RiCHMOSD.
Sank of Htatenlsl.
150,0
100,0
300,0
100,0
100,0
150,0
aea.u
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
914,7
3,766,0
1,186,6
986,9
3,044,3
»».0
1,592,6
1897.
1896.
8,275,500
$1,959,846
8,490,948
$1,435,939
6,554,777
$1,596,813
5,7t8,155
$10,373,693
$10,443,794
$7,990,716
34.8
81,3
40,0
74,0
189.3
212,6
34,9
6.0
635,6
1.429,4
7
703,8
61,0 3,156,0
33,9 1,691,7
4,8 1,360,3
1,967,0
60,7
98,0
114,9
37,8
260,2
121,4
911.8
151,0 3,164,0
87,3 1,664.3
26,6 1,066,1
3,683,8
26,6 1,636,0
160,4
163,0
168,6
46.9
53,6
79,4
463,8
164,1
76,3
486,0
266.0
37,6
40.6
49,7
61,4
133,0
49.6
31,6
46,0
49,1
100,0 1,362,8
6 1,371,6
11,6 1.247,1
310.8
2,0
516,7
16,6
6
721,6
•>
\
,
i
I
$88,077,585 $11.=),492,147 $102,900,317
322,812,694 348,142,554 324.830,177
1,092,8
1,287,4
1,267,0
363,0
666,3
734,8
2,678,0
2.994,6
953,5
3,718,0
2,379,0
705,6
879,6
682,0
463,9
1,109.4
454,8
309,6
67,1
684,2
36,9
372,4
18.5
35,0
50,4
I8t Nat.,8taten Isl. 100,0
•)THBK CiTlJtS.
blj
Nat., Jer. Cltj. 400,0
J. C. 350,0
td Kat.. Jer. City.. 260,0
Id Nat., Jer. City.. 200,0
Ist Nat., Hoboken 110,0
Id Nat., Hoboken. 136,0
745,6
536,8
366,3
311,8
438,3
88,8
i.«t
87,1
1U6,6
40.8
22,2
23,6
36,6
348,6
136,5
13,6
332,0
278,0
6,8
48,1
33.6
31.3
38,0
10.0
18.1
16.4
23,8
16,7
10.1
102,3
9,3
7.7
28,6
443.1
160,0
17,6
2,123,6
l,?02,i»
»66,6
1.874,6
811,9
l:',6
160,3
83,6
66,6
27 1
106,6
61,3
4,8689
18,1
26,1
406.3
67,8
36,1
70 8
32,6
86,0
3,081,1
2,9b4,1
907,8
21,5
36,0 8,870,0
2 691,0
88,0
1
612,4
869,5
30,4
653,1
50,0
408,6
8,8
961,6
8.0
434,5
6
313,8
4,7
669,3
32,0
16
8.4
7P,9
120,1
633,8
133,8
222,2
131,7
101,8
106,3
333,8
616,6
644,7
470,1 6,673,4
3».8 1,763,3
1,131,0
853,8
8P,i
37,4 1.683,4
7S)0,0
16.0
Totals Dec. 16. 7,s62,o 7,040J 60,483,0 3fib3,b 3.Sr3.S 6,icj,4 t.3t5,(i63,603,7
799.' 6,785,7 i^2i,5P43'0,7
Totals Dec. 9.. 7j63,o 7,940,5 bojbo,!
to,ic)7,4 2,540, ,S3 ,60S,S 6,487,1 1,558,264268,1
'
Totals Dec.
-i.. 7S63,0
$7,364,963
$99,175,156
395,688,034
16,8
12.8
67,7
10,7
30,1
38,9
330,6
167.0
67,7
143,0
180.0
14,3
3^.3
21,0
119,3
133,4
169,9
39,9
52,8
57,1
433.6
391,6
203,6
671,6
664,8
106,8
137,0
63,4
71,4
216.0
54,1
Hud. Co. Nat.
FOREIGN IMPORTS.
Gen'l mer'dise
Total
Sinre Jan.
Brooklyn
Eighth Ward
<Wallabont..
1898.
89, U
42,7
89,9
66,4
96,0
128,6
10U,3
170,0
48.1
102.0
161,6
8H,1
280,1
Brooklyn.
Bedford.
Broadway
Ptfth
3,056— The Consolidated National Bank
1899.
10,4
49,3
Borough of
LIQUIDATION.
For week.
733,4
18,3
96,6 1,366,2
—
Slansevoort
1.
Dry Goods
Gen'l mer'dise
Total 50 week.« -494.863,190 »410.«97.029 *4t^3,634,701 »427.730,494
The imports
of dry goods for one wtek later will be found
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 Dec. 18. and from January 1 to date.
in our report of the
EXPORTS FROM
New York City, Boston & Philadelphia Banks.— Below
we furnish a summary of the weeklj^ returns of the Clearing
House Banks of New York City, Boston and Philadelphia
Capital
N. Y.
Nov. 26
Dec.
9..
'•
16..
Dec.
3..
9.
"
For the week..
«12 460,884 $10,151,821
Frev. reported
438,502,784
45.1,305,647
1897.
Specie.
$
$
143U106
138,606.4 681,464,3 1439691
140,402,9 676.409,9 1413306
Legals.
$
49.131.1
60,241,7
48.911.
60,680,3
Deposits.^
Circ'l'n. Clearlims.
$
10867623
10391370
11140664
739,140,3 16.06^,3 13496449
$
737,t<68.0 16.471.6
748,078,(1 16,480,9
744,0-'r'.6 16.411,:^
Bos.'
NEW YORK FOR THE WEEK.
1898.
$
Loans.
I38.ft06.4 676.636,4
2. 138,506,4 682,169 8
•'
1899.
&
Banks. Surplus.
1896.
$9,186,366 $10,532,876
397,471,037 366,855,060
Total 50 weeks $450.9(3.668 $465,457.4«8 *406.657,403 *377.3-'7 936
16.
67,661,9 191,310,0 14,243,0
57,661,9 IPO.007.0 13.674.0
57,661,9 183,264.0 13,978.0
7,1C0.C 303,813.0
7.032 ( 202785.0
7,206,0 300.624,0
6.496,0 114,668,8
6,390,0 U3.38.S,3
6,84", 169,182,7
Phila.Dec.
"
"
2.
9.
16
35,345,4 138,394,0
86,346,4 138,631.0
36.H46,4 137,963,0
41,513.0
« 0,706
3w,0f7,'»
We. nmit two civhers in alt thene figures.
f Inoludlne for Boston and Phlladel pbia
6.689,0
6,577.0
16>',109,0| 6,587.0
161,604,0
159,342.0
86,688,9
8*,360.2
98.363,1
•
the Item 'due to other banks.'
I
December
THE CHRONICLE.
23, 1899.]
New York
City Clearing House Banks.— Statement of
the week ending December 16, based on
average of daily results. We omit iwu ciphers {uUj tn all
condition
for
cases.
Banks.
Capital Hurpl'a
Loan*.
Specie.
LegaU. Deposit*
i
AmuM. of Mew York.. $a,ooo,0
MuiiiattiMiOo
3,050,0
Merohants'
2,000,0
ICeohantos'
3,000,0
Aj&enoa
1,500,0
Pbeolx
1,000,0
Olty
1.000,0
Ohemloal
300,0
Merohanta' Exoh'ge
600,0
»»ll»tln
1,000,0
Butchers'* Drov're'
800,0
lCeoliaiil08'<& Trad'8'
400,0
areenwlch
300,0
L«atlier Manotao'rB
600,0
Seventh..
300,0
State of New York., 1,200,0
menoan Exchange 5,000,0
Oommeroe
6,000,0
Broadway
1,000,0
Meroanclle
1,000,0
Paclflo
433,7
Itopablic
1,600.0
Ohatham
460,0
People'8
200,0
^.merloa
Iforth
1,000,0
Hanover
1,000,0
Irving
500,0
OltmenV
600,0
Nassau
600,0
Market A Fnlton..
900,0
'Shoe A Leather.
1,000.0
Corn Exchange
1,400,0
'Continental
1,000,0
Oriental
300,0
Importers'* Trad'rs 1,600,0
Park
3,000,0
Baat River
260,0
Fourth
3,000,0
Oentrai
1.000,0
Second
300.0
Ninth
760.0
First
600,0
Nat'l Exch'ge.
N, Y.
300,0
Bowerv
350,0
New York County..
200,0
0ennan American..
750,0
Ohase
1.000.0
Fifth Avenue
100,0
dermao Exchange..
300,0
ftermanla
200,0
Lincoln
300.0
Oarfleld
200,0
Fifth
200,0!
Bank of the Metrop.
300,0'
West Side
200,0
Seaboard.
600.0
Western
3,100,0
First Nat. B'klyn...
300,0
Nat. Union Bank... 1,200,0
Liberty
600,0
N. Y. Prod. Exch'ge. 1,000,0
k.of N. Amsterdam
260.0
Astor
850.0
Hlde& Leather
600,0
.
Total.
.
$1,899,3 $13,876.0
2.114.1 18,779,0
1,162,6
11.713.6
3,197,1
9.830,0
2,814,2 17.440.6
262,5
4,216.0
4.938.7 81,409.4
6.6B0,1 32.956,8
207,0
4,480,1
1.718,8
7,498,2
101,0
1.031,6
129.»
2,056,0
168.6
9 79,8
606.3
3,682.0
200,3
3,622.0
638,0
3,979,6
3,651.8 27.381,0
3.778,8 25.648.0
1,624,3
5.903.7
1,084,8 10,1.'<2,1
492.2
2.937.4
974,1 17.389,1
991,3
6.033.3
298,4
2 118,1
633.3 10,889,3
2.711.9 32,444,9
412,2
3.909,0
383,2
2,902,0
2»4.8
2,660,9
1.017,9
5.976,4
3.292,7
170,1
1,731,5 16,308,6
4,686.7
531.6
«96,6
2,167,0
6.829.8 24.183.0
8,339,6 37.576,0
148,2
1,434,6
2.171,8 31.313,5
634.5
9,734.0
779,6
7,631,0
173.x
3,626,9
7.767,3 39.211,0
3,167,6
78.1
682,6
3.631,0
413,6
3,321,4
318,5
3,730.0
1,596.7 29.79d.6
1.211.5
7,790,3
686.4
2,603.9
774,6
2,815.8
848, -i
9,888.6
979,1
6,229.8
2.250,6
331,8
911,8
5,206.6
393,3
2.690.0
629.6
9,443.0
1,292,8 27,608,6
629.6
4,168,0
1,301,7
13,517,0
446,8
4,855,4
329.9
3,774,9
397,4
3,657,5
191.4
3,495,2
262,6
2,370,6
$2,668,0
2.361.0
2.322,4
l,8l8,r
8,604,7
824.0
27,168.1
4,011,2
907,6
903,6
400,8
268,0
102,4
708,8
619,6
614.7
3,332,0
1,830,6
965,7
2,466,6
300, i
3,400,0
431,6
193,7
2.421,6
9.101,6
516.9
652.0
391.9
1,040,0
669.6
2.218,2
1,203,7
193,4
4,739.0
10,488.0
381,7
4.983.4
3,677,0
1,437,0
601,1
6,126.1
366.7
451.8
660.6
697.6
6,351.3
1776.7
179.9
433.2
2.233,0
1,260.7
420,3
1.143.9
364.0
1,416.0
7384,0
449.6
3,161,1
1,073,7
681,8
687.6
695.3
222,9
69.422.7 80,980,2 676.409.0 1412306
1
V. 8.
2,530,0 20.616,0
1.450.4 13,601,1
9,757.0
829.0
1.498,8 19.437,9
3,994.0
„ 160.0
2,917,1 106,658,3
2,167,3 22,651 8
6.027.4
442,0
5,943,6
681.8
1,260,0
66,6
2,233,0
187,0
923.3
188,6
3,3a6,0
177,3
4.670.6
383.2
3,623,7
630,8
1.628,0 20,973,0
3,088,9 18,992,9
199,8i
6,009,4
764,1 11,691,3
3.369,6
415,0
986,2 18.247.8
881.4
5,846.9
372.0
2.734,1
797.4 12.318,5
1,623,1 39.836,6
600.2
4,081.0
169,4
2,947.1
240.4'
2.749.3
676.0
6,264.6
308.1
3.710,7
2,396.0 18.598,1
6714.4
270,7
348,0
2,169.1
1,049,0 23.796.0
1,106,0 44.934.0
184,8
1,569.6
1,103,6 22,704,5
836,0 12.738,0
640,0
8,286,0
231,6
2,961,1
600,5 26,923,9
284,4
2,361,8
387,2
3.783.0
325,8
3.826,2
299,4
3,775.6
4,594.8 36.329,8
610.7
8.821,7
770.1
3,410.4
602,1
4,355,8
362,8 11,188.6
451,8
7.193,1
178,8
2.362,2
440,6
6,110,6
358,0
2.910.0
1.386,0 11.142.0
1,303,5 32.876,8
674.0
4.316
410,2. 13.045,1
128.3
4,663,2
306.8
3.386,6
263,8
3,993,1
232.0
3,739.2
222,4
1,713,0
60,880.3 739.640.3
6p.ote., 1894, due 1904
4 per ots., funded 1907..
4 p. Ota.. 1895, due 1925
8 p. ct8 ,'98, due 1908-18
5 per ots., funded 1891*.
8-658 Dist, Col., 1924...
Hands Held Nov. 30, 1899,
Public Deposits
in Banks.
Kanlc
24,678,340
1,807,500
75,000
in
Steurc
total Beu.
Circulation.
$8,241, 00<^
28,034,600
7,358,500
$15,155,60r
127,737,800
18,410,750
51,959,960
20,957,350
$23,396,600
155,772,400
25,769.250
76.638.300
22,764,850
75,000
Total.
*
made
$70,194,940
$234,221,460 $304,416,400
Bedeemable at option of the United States.
by banks becoming insolvent,
(1)
Deposits by—
Inaolr'ntbks
Aug.
Sept. 1.
1.
'
Total.
3.5,773,574 35,898.443 35,975.95.'^ 135.063,920 34,598,346
Act of June 20. i«74. and July 12. 1882.
DIVIDENDS.
Name of Company.
n^^^
Railroads (Steam).
3
2
Canada Southern
Chicago & West. Ind. (quar.)
1
lia
Cln. Ham. & Day., pf.
(qu.)
Cleve. Cin. Chlc.& St. L., pf.(qu.)
Dayton & Mich., pf., guar, (qu.)
1
II4
2
Delaware
3
Fltchburg, pref.
Lake Shore & Mich. Southern.
Michigan Central.
N. Y. Cent. & Hudson R. (quar.)
2
S^a
A&B
.
$242,984,694
Amount
outstsinding Dao. 1, 1899*
$2,422,205
1,646,651
775,554
$243,760,248
.
notes Nov. 1, 1899
deposited durine November
Amt. reissued and bank notes retired in Nov.
amount on deposit to redeem natlonaJ
bank notes Deo. I,a899
2^
l^a
2
2
3
pref.
Metropolitan St., N. Y. (quar.)..
Sutter St., San Francisco (quar.)
1%
1^
Banks.
B.
7
5
A
6
5
(extra)
3^
Brooklyn (Brooklyn)
Central National
Chase Nation al
Chatham National (quar.)
4
f>
'
Columbia
Continental National
East River National
FirstNational (Brooklyn)
Fourth National
Garfleld National (quar.)
Hanover National
Irving National
Market & Fulton National
Mechanics' (Brooklyn)
Mechanics' National
Mercantile National
Merchants' Exohanee National.
Merchants' National
Nassau National (Brooklyn)
National Bank of Commerce
National Broadway
National Butchers' & Drovers'..
National Citizens'
National Park
National Shoe & Leather (quar.)
National Union
Oriental
People's
Seaboard National
State
Twenty-sixth Ward (Brooklyn).
West Side
Trust Companies.
Continental (quar.)
Mercantile (quar.)
4
4
3
4
S^
10
5
4
5
5
4
3
3
3^2
6
4
6
3
3^
6
1
5
5
5
'3
5
3
6
II3
5
2^
People's. Brooklyn (quar.)
Real Estata
Title Guar. & Trust (quar.
4
2^
»
Washington
5
3
l^a
lifi
$1
Bell Telep. (quar.)
"
•'
I
$35,063,920
$590,025
3
(extra)....
l»fl
2
1
l^a
l
American Screw
American Smelt &Refg.,pf.(qu.)
1\
2^
Bliss (E. W.) com. (quar.)
•'
pref. (quar.)
Cent, tt So. Amer. Teleg. (quar.)
Chicago Telephone (quar.)
Cincinnati Gas (quar.)
Diamond State Steel
2
II3
I
2
4
1^
General Chemical, pref. (qu-^r.).
GeneralElectrlo.com. (quar.K.
Hawaiian Commercial & Sugar.
lis
50o.
* 213
Indianapolii Breweries, com ..
National Carbon, pref. (quar.)...
N. Y. Air Brike (quar.)
1^
2
1,055,599
3
1>«
PittsburgStove&Rauge
1^
pf.(qu.)
Procter & Gamble, pref. (quar.).
2
St. Louis Breweries, pref
5
Susquehanna Iron & Steel(quar.)
6
Texas* Pacific Coal (quar.) .
1^
Torrington Co.. pref
312
United Fruit (quar.)
2^^
*3
United States Brewing, com
United States Mortgage & Trust! 5
WellH.FargOifc Co
3
Westingh'e Ejec. <feMfg.,pf.(qu.)
1%
I
465,574
|
1
$34,598,346
|
1
Olronlation oi National Uold Banks, not included In above $81,820.
According to the above the amount of legal tenders on deposit Dec. 1 with the Treasurer of the United States to
redeem national bank notes was 134,598,346. The portion ol
I
|
*
Less income tax.
'
Books closed.
(Days inclusive.)
2iDec. 21 to Jan.
Jan.
Jan.
Feb.
Jan.
.Tan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Dec.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
8
Otis Elevator, pref. (quar.)
deposit to redeem national bank
Amount
1^4
Old Dominion SS
Legal Tender Notes—
Amount on
3
3
Cons'd Traction of N. J.(aiinual)
Hes.Man.&Fair.Pass. Phil., com.
American Cement
.
1'4
1
Portsmouth & Dover
Rio Grande Western, pf. (quar.)
Southwestern of Georgia
Street Railways.
City Ry., Dayton, com.& pf.(qu.)
"
Changes in Legal Tendees and National Bank Notes to
"
(extra!
Dec. 1.— The Comptroller of the Currency has furnished American Joe, pref. (quar.)
1iat*ouai Bayik Notes—
A.mount outstandfng Nov. 1. 1899
Amount issued during November..
Amount retired during November.
2
Norfolk & Southern (quar.)
Portland <fe Rochester
Bank of America
Bank of N. Y., N.
Bowery
When
Payable.
I
Atlantic Coast Line of Va
Belt Ry., Chicago (quar.)
"
;
Dse. 1.
1.
1,576,641 1,585,551 1,577,255 1.551,660
8,576,458 8,423,433 8,303,554 8,214,052
Red'o'gund.*
act of 1874. 25,585,058 25,745,344 25,966,971 25,183,111 24,832,634
Ciiquld'g bks.
American
us the following, showing the amounts of national bank notes
Nov. 1, together with the amounts outstanding Dec.
1. and the increase or decrease during the month
also the
changes in legal tenders held for the redemption of bank notes
up to Dec. 1,
Nov.
Oct. 1.
9
1.519,318
8,669,198
iTllsrellaneoas.
The foregoing does not include the bonds held in the New
Alab. Steel &
York Sub- Treasury against deposits in banks. There were so Amalgamated Ship-bldg. pf.(gu.)
Copper (quar.)...
held on November 30 $11,116,200 bonds, making the whole
(extra)..
American Bank Note (quar.)
amount at that date in possession of the Government as se-
curity for deposits $81,311,140.
by
(2)
banks going into voluntary liquidation, and (3) by banks reducing or retiring their circulation, was as follows on the
first of each of the last five months.
•1,030,0' $12,746.0
Bonds Held by National Banks.— The following interest
ing statement furnished by the Comptroller of the Currency
shows the amount of each class of bonds held against national
bank circulation and to secure public moneys in national
bank depositories on November 30:
Description of Bonds.
this deposit
»281
Jan.
Deo.
Jan.
Jan.
Tan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
—
1
1!
2 Deo. 20 to
20 Deo. 31 to
2 Dec. 20 to
2
to
15 Jan.
1 to
—
29
29
—
Jan. 2
Jan. 25
Jan. 2
Jan. 15
to
I.''.
10 Dec. 31 to Jan. 10
*»
15
—
_
_
1
1
to
to
4 Dec. 16 to Jan.
6
1 Dec. 21 to
15 Dec. 31 to Jan. 14
1
to
to
1
15 Dec. 29 to Jan. 15
15
to
2 Dec. 23 to Jan.
2 Dec. 20 to Jan.
2 Dec. 21 to Jan.
2 Deo. 21 to Jan.
2 Deo. 20 to Jan.
2 Deo. 24 to Jan.
3 Dec. 29 to Jan.
2, Dec. 23 to Jan.
2 Dec. 21 to Jan.
2 Dec. 27 to Jan.
—
—
Dec. 22
2
to
10
2
to Jan.
30 Dec, 21 to Jan.
2 Dec. 23 to Jan.
2 Dec. iO to Jan.
2 Dec. 20 to Jan.
2 Deo. 30 to Jan.
2 Dec. 21 to Jan,
2 Dec. 28 to Jan.
2 Dec. 21 to Jan;
2 Dec. 23 to Jan.
2 Dec. 24 to Jan.
2 Dec 23 to Jan.
2 Deo 21 to Jan.
2 Dec. 21 to Jan.
2
to
2 Dec. 20 to Jan.
2 Deo. 21 to Jan.
Dec. 27 to Jan.
Deo. 21 to Jan.
Dec. 27 to Jan.
Dec. 22 to Jan.
Dec. 22 to
Dec. 24 to Jan.
Dec. 22 to Jan.
;
—
1
1
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
10 Jan.
Jan.
Jan.
Jan.
Dec.
Jan.
Jan.
Jan.
Jan.
Jan.
Dec.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Deo.
1 Oeo. 22 to Jan.
22 Dec. 29 to Jan.
2^ Dec. 29 to Jan.
29 Dec. 17 to Jan.
15 Jan. 1 to Jan.
15 Jan.
1 to Jan.
1 Jan. 11 to Jan.
15 Jan. 11 to Jan.
15 Jan. 3 to Jan.
Jan.
Jan.
Jan.
Jan.
Dec.
Jan.
Jan.
Deo.
Deo.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
1
to
1
2 Dec.
2 Dec.
2' Dec.
2] Dec.
Dec.
9 Dec.
2 Deo.
2 Dec.
8 Dec.
5 Dec.
2 Dec.
28
28
28
31
31
Deo. 31
6
2 Dec. 21
13 Deo. 24
28
15 Jan.
1
—
—1
—
30
2o Dec. 21
1 Dec. 22
15
1
—
—
Deo. 24
15 Deo. 31
2! Deo. 24
2
to
to
to
to
to
to
20 to
—
—
l.s
1
1
1
3
1
1
1
1
1
1
1
1
3
1
1
1
2
4
2
1
1
1
1
2
1
1
1
1
2
3 to Jan. 10
to Jan.
1
to Jan.
1
to Jan.
1
to Jan.
1
to Jan.
2
22 fan. 13
2 Dec. 23
15
20 Dec. 17
15 Jan.
1
I
23
24
23
23
24
—
30
3
to
to
to
1
21
21
1
15
15
15
15
15
Jan.
9
Jan.
1
Jan.
1
Jan. 8
Jan.
5
Dec. 30
Jan. 22
Jau.
2
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
Jan. 15
Jan. 15
Jau. 2
Jan. 14
Jan. 15
Dec. 25
Dec. 31
Jau. 2
Jan. 15
Jan.
2
THE CHRONICLE.
1282
[Vol. T.XTX.
—
The exports from the several seaboard ports for the week
Stock Exchange Clbaring House Transactions. The
ending Dec. 16, 1899, are shown in the annexed statement
subjoined stat ment inclades the transactions of the Stock
Peat, Barley,
Corn
Flour,
Wheat
Uats.
Oau.
Bye,
bush.
Exchange Clearing-Houfe fiom Dec. 11 down to and
bush.
bush,
bbls.
Export* from— bush.
bv.sh.
biLsK
buth.
215,995
873.423
96.193
820.489
69,074
30,463
New York
including Friday, De3. 22; also the aggregate for January Boston
230.f23
40,998
19.131
6,327
77.362
8 662
86,205
i7!o9i 'iiieoo
Portland, Me. 228.903
to November, inclusive, in 1899 and 1898,
6^4.875
54.300
106,tOO
Philadelphia
979,''49
119.345
24.000
Baltimore
"'4.366
STOCK EXCHANGE CLEARING HODSE TKANSACTIONS.
10.129
New Orleans.. 48,000 1.185,536
Sfiares, boi.n sides.
.
—
—
Sheet*
-Balances, one side.Shares. Yalue Shares Cash. Cleared
.
Oleared. Total Value
189S-
$
3.0fi4.200,000
2.24.^.100,000
Tanuary.. 2fi,989.000
.
February
March.
28.143,100
33,542,700
April
211.24
May.
juDe
30, 90,100
82.:S«5,V00
2,692,800,000
l,f 91,HOO,0'
.100
2,451,100,000
2,502,400,000
16,731,900 1,273,500,000
July
August .. 41,fi37,l00 3,14«,«00,000
Septemb'r Ml.Sc^S.i-OO 2,65f,800,000
October... 2h,0»I.4 00 2,'2u6,8il .000
November 87,147,100 2,763,100.000
11 mos.. 332,994.500 25.6«7.600,000
225,300,000
272.000,000
240,700.000
6,970
«.663
7.881
6,730
1.8P5,000
2,302,900
3.562,600
147.8110,000
2f<3,^00,000
3,211,700
3,752.900
3.587.000
2,07 .000
8.734,400
2,33i',f<00
7,134
7,711
6.362
8,28n
7,422
7.762
8,054
2,468,800
285,900,000 2.eF8,000
153,200 Oo 1.430,P00
403,400.000 3,466,700
4.l42,>-00
2,12h,9
5,765,100
(
3,rtH7,9i'0
277.f^0r,ri00
3,44P,4ilO
2,90'2,900
223,600,000
346,500,000
3.1 6,800
3,667,700
6.037.000
40,017,600 2,839.i00,000 80,379.600
80,957
1899March
62..-^79.100
April
48.S< ,300
44,"20,400
83.65 ,320
May
June
4,^26,7011,000
•
July
4.487,121 000
4,2 11,0(0,000
3,242,100.000
2,446,500,000
...
2'<.42a.-00
36.789,4 00
Septemb'r
:-9,P74.'^00
3.1'<i5,9(iM,000
3,6< 7,600,000
October...
3'-,280,500
45, 83,600
2.99 -.900,000
3.34S, OJ.OjO
August
60.838
87.5U0
Total week.. 1.242,100 5,3i5,«37
8ametlme'98 3,17l068 4.0>0,48J
839,764
461.719
Novejiber
11 mos.. 4P8.-01.9iO 41.919 521,000
^Shares, both sides.—
Oleared. Total Value.
7,668,r00
6,930.800
6,193,500
4,67f,200
3,942,400
6,:^BO,900
5 211.200
4,872,600
6,207,100
68.534.300 5,8^7,800,000 53,361,800
September
36,200.000
38,200,000
19,700,000
33,300,000
31,600,000
,
Bxports for
week and tine* Dec.
to—
Tot.wk.16,848,000 1365000,000 2,179,000 159000,000
Wkrtyrl4,447,.'i00 1008100,000 2,038,900 138^00,000
Dec. 18.. 3,715,700 203,300,000 443,400 30,900,000
" 19.. ."^.295,000 38.^,600,000 773,200 47,.'^ 00,000
" 20.. 2,794,400 208,000,000 447, POO 32.700,000
" 21..2,6«?,800 188,900,000 363,100 24,500,000
" 22.. 2. 367,600 171,800,000 339,000 23.500,000
406
411
389
53r.,100
176.600
717,300
298,000
4:<»6
406
2398400 2,018
1544800 1.939
4P9.500
412
1076800
426
431,400
418
403
308,200
205,900
40
Tot.wk.ie,855,500 1157600000 2,366,500 159100,000 2521800 2,061
Wkl'8tyrll743200 770.900.000 1,690,200 101800,0001120000 1.896
RtctifpU
at—
Tlour.
BbU.Waibf
Ohloaso
216,659
12.350
542.728
286,900
426.728
1.718.580
1,468 77P
119,8 ->0
45.774
34.109
304,166
29.595
48,066
18S.63e
33.250
95,922
400.99t
12,770
9,800
2iO,OC0
300577
3 400.131
279.812
207,403
.
7,-'
8,410
16.138
Detroit
Cleveland
Loan
. .
....
Peoria
Eaniai City
Tot.wk.'99.
Same wk.'98
Same
wk.'97.
Sinct AuQ.
1899...
1898
1807
Oar*.
Barley.
07.20'
6,665,243
523,860
35.330
256.800
2.307
177.990
39.000
ll.OOO
242.850
690,fi^8
4,845
620
44M.b68
99.929
98.151
146.279
4.868 267
5.649,076
1.242,109 33,142,8«6
3.171,068 62,570,198
8,24t
9,7.17
8P.481
3.733
49.240
6,40
27.600
4,500
9.483
6,338
34.500
1,600
10.80C
l-.i7,0C0
237,600
67,400
40.000
2,936,208
2,570,956
977,554
4.768.3 8
3,774,496
1.357,317
4,304,717
3,819,9^0
780,044
91202
If 6 601
51,250
..
...
102 301
335.f82
190.098
Blohmond
Bar(ei,
hii»H.
oats,
bush,
1,028,000
bitsh.
(few
York
Do
*,oci.ooo
849.000
897.000
177,000
496.000
791,000
1,073.000
Do
86.000
51,000
841.025
60,368
6.900
3«4,945
fi0*t.200
296,900
61,736
8V8, 000
1,495,000
9,600
4,081
8,046
1.177.fiB8
11,110
32.000
623,925
Charleston
Newport Mews..
Norfolk
Qalveston
8aV,142
898,164
322.000
"8.iP62
789.000
Do
189.00*6
320.(K'0
13.000
118,000
2,iih',ooii
1.314.000
298,000
03,000
2.000
21,000
afloat
Do
366.000
afloat
—
Milwaukee
Do
195,000
afloat
Ft. Wll I'm* Pt. Arthur S.S83.000
6,814.000
248.000
78,000
183.000
219,'>00
90,00t
iS.uSuou
80,000
8,203.000
559.000
677.o66
7,0(0
98.000
26,U00
10,000
82,000
39,000
8,016,000
57,000
390.000
oe.bob
138,000
71.000
'lo.oob
685,000
16,000
Dec. 16,1899. 67.093,000
Dec. 9. 1899. 56,292.000
Dec. 17. 1898* a 0.5 9,000
ll,6?5,000
11.844.000
18.163,000
88.639,000
13.073.000
6,882.000
Onlnth
DO
afloat
Do
afloat
Kansas City
Peoria.
Indianapolis
On Mississippi River.
214
Port Arthur
dt.Jobn, M. B...
iC7
Total week..
1898
Total
Total
Total
Total
Total
97.500
De&
18, 1897 • 85,o«5.o00
Dec. 19, ISOf'* 66.163.001'
Shares.
354,798
1,304782 4,919,211
1.212,6.56
.">n.l71
;s,';71,765
3,71^1,666
917,647
Mutual Fire Ins Co
40
20 Pacilic Fire Ins. Co
151^4
II2I3 Mechanics & Traders'
nonr
Wheat
Oofb
Oats
1899.
35 Intern. Bank'g & Tr, Co. 160
100 Joseph Ladue <Jo\d Mg.
& Dev, Co, of Yukon,
$1-50 per sh
pref
By Messrs. R. V. Harnett
bbll
6,4' >6
77.368
36
25.066,375
196.3f0.325
89,941,838
5,816,479
181.154.sH
"
Bye
"
18.«57,63l
6.614,562
"
4ie.8.<«>.P84
Bonds.
$2,000 Angeles Water Co.
1912
68,
$7
lot-
NASSAU STREET, NEW YOBK.
FISK
& ROBINSON
BANKERS
INVESTMENT SECURITIES.
HAKVBY KDWARD
GEORGE
FISK.
Moffat
68,732
251.6f8
No.
1
Member
14,705,'-82
92.697,716
13,000.593
11.575,258
411.949,269
402,696,170
U. KOBINSON.
N. Y. Stock Rxcbans*.
ALEXANDER M. WHrTB, JB.
&
White
...
NEW^ VORK.
NASSAU STREET,
IISrVESTMETSrT SECURITIES.
foreitrr
as
27
1897.
104.268,293
Barley
Total Brain...
100
Spencer
21.003.639
90,4?>7,3"»4
10
$5 lot
BANKERS,
compare
l.S.5,094.746
1P4.692.7!<6
:
Members New York Stock Exchange.
New Orleatii for
21,008.4<^0
"
& Son
& Co.:
Shares.
40 Mechanics «fe Traders'
17.091
446,910
64,268
bnsh, 112.51 7.821
•
14.S83,000
12.484,000
221»e
65 Trust Co. of Am^^r.205% 2O6I2
2000
6 Central Trust Co
100 Century Machine Co...$£0 lot
6BOBOB BAKOLAT MOFFAT.
to Dec. 16
1898
3.891,000
3,098.000
4,169.000
4 605,000
6.130.000
1.422 000
1.844.000
1.126,000
3.646,000
8,831.000
6.(177.000
6,0 9.000
Subway Co
Bank of New York
100
200.A B. CohuCo
200 Mahoning Coal Co,, com,180>fl
5 Home Insurance Co
460
:
KeceipUof—
4.000
Shares.
7 Nat. Bank of Nor. Am... 205^4
8 Corn Exchange Bank.... 370
25 ConsoLTeleg. & Electric
Assoc'd Manufacturers'
1
"8.800
1
"2«,66b
Auction Sales.— By Messrs. Adrian H. Muller
....
iia.ooo
40,000
Total receipts at ports from Jan.
follows for four years
'
.
714
2,000
36.205
Receipts do not include sraln paisincr thronata
ports on throuvb bllli of ladlnit.
*
On Lakes
On oanal and river.
ft0.8P6
VobDe
41.000
67.000
1,696,000
13.000
16.883,000
Detroit
OhloaKO
Bit,
i2V,573
S!2a,908
Pensacola
Week
16S.P14
2,500
107.884
112,079
7,522
47,780
l.'',844
"6,000
8.000
afloat
38,026
16,189
l.bOO
6,103
16.991
874.000
446i6bb
G33 0O0
205,000
860.000
afloat
Do
186,000
811.000
4.000
691.000
81,000
3.153.000
Toledo
264.000
68.000
149,000
809,000
8(58.000
Philadelphia
Baltimore
Orleans
New
Galveston
Montreal
Toronto
BnSalo
Barley,
hush.
671.000
10.000
By*.
bush.
728,000
448.UU0
1.289,000
1,549.000
708.000
afloat.
bud.
1806
Or'nang*...
Portland. Me...
0at(,
bugh.
158.000
.
Corn,
bUBh.
40.Bt^0
6.4 5
81.841
69,391
Philadelphia
Baltimore
Corn,
bush,
Boston
ports for
tVneat,
buth.
801,400
2!- 4 709
87,800
118,195
81960
365 086
4,060,483 49,644.263
:
:
bbls.
Il4.(i30
5.305,6"»7 P4
19.1^
22,866,747 3.835,645
23,714,190 5,974.815
21,571.S70 6,373.310
The receipts of flour and grain at the seaboard
week ended Dec. 16. 1899, follow
tlour,
4,700
156 376
829,106
263.265
489,990
894
13,1m8
Wheat,
in store at—
Bank
Rutipti at—
New York
Boston
Montreal
bush.
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, Dec. 16, 1899, was as follows
1.
8.229,890 117,481,37? 98,357,321 76.138,781
6,996,3:3 162,898,957 85.?19,703 75,703,075
4,647,887 139,628,276 107.001, ?50 87,4H3,964
1. 1898.
Dec. 19
bush.
2.583.649 28 694 928
8.68i.71« S4.46'2.S>!0
604,iiU5 13,830,516
875,5n
80
338.764
461.719
34.80'
107,481'
Uec. 16.
1.1899.
bush.
bush.
637,804 19,161,785
bbls.
Bii.efli
l.f47.657
the
New
/ |t«.
Bwih.iUbi
Bm*?i.60U). BtM?l.66;b.- Bt««h.32Zb<
2,000
Milwaukee
OalQtb
HlnneapoUt.
Toledo
St.
Gom.
HTleot
1.18P9
,
18,242
40.'
Minneapolis
at Lonis
Breadstuffs Figures Bronght from Page 1208.—The
statements below are prepared by us from the figurf s collected by the New York Produce Excharge. The receipts at
Western lake and river ports for the week ending Dec. 16,
and since Aug. 1, for each of the last three years, have been:
.
3.255.232
16,
hbl».
TotSl.
Total 18J8.,
671,400
8tf6,711
8,800
301.657
80.167
:
.
>
541,000
487,100
279,100
449,900
421,900
17.^91
462,652
of these exports for the week and since
1899, is as below
—Flour.
Wheat.
Corn.
Week Since Sept. Week Since Sept.
Week Since Sept.
Br.N.Am.Colo'i
)ther countries
1899.
Dec. 11 .4,352.600 347.200,000
12. .,S,«^fi,loO 29'*,000.000
13. .2.187.400 171.300,000
14. .3. 402,200 284.900,000
15. 3,249.800 263,600,000
1,
& C. America.
West Indies
81.557
341,479
The destination
3.
-Balance, one side.
Sheett
Shares. Value Shares. Caah. Oleared
.
3.716
78,809
51.197
107
Onlted KinRdom 230,794
40.78i
Oontlnent
751,100.000 6,526.000
568,100,000 6,9i»4,700
681,200,000 7,057.0CiO
618.700.000 6,473,«00
637,90(,000 7.0'f .800
436.700,000 3.818,'00
336.100,000 2.SP0,70O
423,1 00,000
3.?32,600
451.700.000 4,73K.100
3,3P0,100
391.( 00.000
432,.'i 00,000
4,657,100
121.673
814
Sept. 1
January. 7.S.Of>0,300 6,413,800,000 10,529,800
February. 50,286,900 4,114,700,000
7,149,200
16.991
6.903
6,989
1.800
293.164
32w. 1 4 2
821,018
fJorfolk
Ne wp'rt News
Galveston
248,087
Charleston
Pensacola
Mobile
Port Arthur... 112.000
4U.C0O
at. John. IS. B.
1896.
12.267.818
67.061,835
05.958,»m5
71,061,141
18,81l),028
6.019,277
863,601.986
&
29
Trask &
BANKERS,
PINE STREET,
Co.,
....
NEIV IfORK.
Transact a general banking business) act as Fiscal
Agents for corporations, and negotiate security
Execute
issues of railroads and other companies.
comnnission orders and deal in
INVESTMENT SECURITIES.
Members N. T. Stock Exchange.
Branch OiBoe.
7 State
3r..
^Ibaoy
Desoember
THE CHRONICLR
23, 1899.]
1283
Dec.
Dec.
Dec.
Dec.
16.
18
19.
20
21.
Q. -Mch.
^p" For Dividends see page
©a^jette*
12S1.
10?
*102
*102
WALL. STREET. FRIDAY, DEC. 23, 1899.-5 P. M.
The Money Market and Financial Sitnation. —The severest panic since 1893 has this week been experienced in
Wall Street. It was precipitated early on Monday as a result of, first, continued unfavorable news from the seat of
war in South Africa, which, in addition to the strained
financial situation on the Continent as well as in London,
caused liberal sales of American securities at declining
prices on the
Dec.
22.
Dec.
Periods.
Interest
^atxtijers^
reg. Ci. -Feb.
3s, 1918
coup V, -Feb.
38, 1918
3b, 1918, small reg. <>. -Feb.
3s. 1918, small, c'p. <^|. -Feb.
reg. Q. - Jan.
4s, 1907
coup. <^1. -Jan.
48, 1907
reg. C. -Feb.
4s, 1925
coup. Ci.-Feb.
48, 1925
reg. 0. -Feb.
58, 1904
coup. Q. - Feb.
58, 1904
"IO214 •10212 102 1«
•109!% 110% •llOi*
IIOI4 llOH 110^
*1^9% *109J« 109
109% 109
109
•109
*i09
n09>4
*ll3^
*'\4\
*133%
109% l'Oi« i09Sli
115
113% *114
113% *113
ni4i« n)4
115
115
*l33i2 n.s3
133% *133i2 '133
Ml2% •1121^ •112
*112% *^V2^^ II214
•115
M3.^% I3312 133>«
134
113
I3418 134
II314 •113
*113
113
II314
TUB is the price bid at the morning board no sale was made.
;
Coins.
—Following are
London Stock Exchange, and, second, the an- coins and
the current quotations in gold for
bullion
Sovereigns
$4 85
Napoleons
3 84
Reichmarks. 4 73
4 "8
25 Pesetas..
:
Fine Silver bars.. — 5858® — 59k
nouncement early in the day of the suspension of a some®$4 88
— 93 ® — 96
® 3 89 Five francs
what prominent trust company and also of a Stock Ex® 4 80
Mexican dollars.. — 47^4® — 49
XX
change house. It is reported that rates for call loans were
— 43 -a — 45
® 4 f'S
Peruvian sols
bid up to 1^6 per cent, and a glance at the subjoined re- Span. Doubloons.! 5 .50 ®15 60
English silver
$4 83 ®$4 88
U.S. trade dollars— 55 -ai— 70
view of the stock market and pages of quotations show the ftlex. Doubloons. 15 .50 ®15 60
@i4prem.
effect upon values in other departments. The situation was Fine gold bars... par
relieved by the praiseworthy action of a prominent Wall
State and Railroad Bonds. — Sales of State bond.s at the
Street banking firm, which offered $1,000,000 on the Ex
Board are limited to $17,500 Virginia fund, debt 2-33 of 1991
change during the crisis, and later by similar action on at 84 to
85J^ and $17,000 Virginia def, trust receipts at 5^.
the part of members of the Clearing-House Association in
The market for railway bonds has been weak as a
offering llO.OOO.OdO at normal rates.
result of the conditions mentioned above, but has suffered
Further and substantial relief came on Tuesday as a re- far less than might have been expected. The volume of
sult of the announcement that the Secretary of the Treas
business amounted to only about $3,000,ti00 par value per
ury would deposit between $30,000,000 and $40,000,000 of day, of which high- grade issues form a very inconspicuous
current Treasury receipts in banks qualifying to receive part. The active list declined an average of between 2 and
such deposits. This, in addition to the extensive liquidation 3 points, the loss in a few cases amounting to i% points, but
in stocks and receipts of funds from the interior, has led to generally being about 2 points or less, and in some cases net
much easier money market conditions The London market declines are only fractional. Liquidation and losses were
will also be somewhat relieved by gold shipments from here, conspicuous in a few speculative issues, including Wabash
which for the week, including the amounts engaged for debentxu'e series B, standard Rope & Twine, Southern
.
.
.
.
to-morrow's steamers, aggregate $8.775, 0(0.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from 2 to 186 per cent. To-day's rates on call were 3 to 8
per cent. Prime commercial paper quoted at 6 per cent
The Bank of England weekly statement on Thursday
showed a decrease io bullion of £509,942, and the percentage
of reserve to liabilities was 36-98, against 42'40 last week;
the discount rate remains unchanged at 6 per cent
The
Bank of Frarce shows a decrease of 4,750,000 francs in gold
and 2.350,000 francs in silver. The rate of discount of the
Bank of France was raised from SI4 to 4}^ per cent.
The New York City Clearing-House banks, in their statement of Dec. 16 showed a decrease in the reserve held of
$970,000 and a surplus over the required
reserve of
47,025.825. against $6.8.')9.525 the previous week.
Pacific and St. Louis Southwestern 2d 4s Special activity is
noted also in Atchison, Baltimore
Ohio, Missouri Kansas
Texas, Northern Pacific, Reading and Union Pacific
&
&
issues.
Stock and Bond Sales.— The following shows the volume
of business in stocks and bonds on the New York Stock
change for the past week and since Jan. 1
^Weekend. Dec. 22.~.
Jan.XloDec.ll.
Sales at
Ex-
.
Total
Stocks— No. shares
Par value
We
1898.
1899.
1898.
$388,350
27,600
16,700,000
$819,020
37,000
25,739,000
$10,340,940
1,983,200
815,71m,900
$24.133,5a»
3.869,200
868,008,310
$17,121,850
5,363,493
$517,953,650
RR. and misc. bonds....
Bank shares, par
«
1899.
S. r. stock Kxch.
Government bonds
State bonds
$26,595,020
4,091,033
$404,713,400
$4,200
value.
828,043.040
$895,711,030
173.4'i7.561
109.340,743
$16.80^,547,475 $10,509,945,878
$202,839
$3'.j8,576
add the following record
of the daily transactions
Stocks.
Railroad, ttc. State
Week ending
V. 8.
Bonds.
Dec. 22, 1899. Shares.
Par value.
Bonds.
Bonds.
.
1899.
Dec. 16.
i
Differen'sfr'm
Frev. week.
1898.
Dec. 17.
1897.
Dec. 18.
Saturday
504,281
$2,273,000
3.315,500
3,052,600
2,988,500
2.497.000
2,579,600
$10,500
892,381
901,698
719,545
796,956
$49,157,100
149,026,100
84.955.300
87,473.300
70,257.300
77,084,350
10,000
7.000
$40,500
53,000
15.000
93,100
112,500
74.250
5,363,492
Monday
$517,953,630
$16,706,000
$27,500
$388,350
1,54hB31
Tuesday
Capital
58,272.700
59,4v;2,700
Surplus
7.^,705 200
80,980,200
Loane &diRc'nts. 676.409,900 Deo.5,054,400 708,5.'i5,800
Circulation
16 065,30' Deo 346.000 16.341.700
739,?«40.300 Deo.4, 545,200 80ri,912,l00
Net deposits
Specie
Legal tenders
Reserve held
Legal reserve
Surplus reserve
Note.—Returns
141,2.iO 6'iO Deo.2,738,500 164.325,100
68,522,700
73,810,900
606,679.300
15,751.100
669,891.40"
104,267.000
5o,6SO,30 >|lno. 1,768,500 54.376,300 78,931900
191,910,900 Deo 970,000 218,701,400 183,198,900
184 885,075 Deo.l, 136,301 201,728 025 167,472,850
Wednesday
Thursday
Friday
Total
The
sales
on the Boston and Philadelphia Exchanges were:
-Boston.Listed Unlistfd
shaies. shares.
Saturday
Tuesday
30.731
56,598
41,563
Wednesday
3.5.4X2
Thursday
21,767
31,166
9,205
12,343
10.151
12,081
14.276
14.468
217,307
72,522
Monday
7.025,82.T|Inc.
of separate
166,300
16,973,375
15,726,050
banks appear on page 1280 and 1281.
Foreign Exchange. — The market for foreign exchange has
been irregular on the wide fluctuations in the stock
market. The offerings included bankers' bills said to
have been drawn against gold shipments, as noted above.
To-day's actual rates of exchange were as follows: Bankers' sixty days' sterling, 4 8ii^@4 81; demand, 4 87^4 @4 87J^;
cables, 4 88J^(«4 V^%; prime commercial, sixty days, 4 80(ce
4 80J^; documentary commercial, sixty days, 4 79J^@4 S\\^;
grain for payment, 4 81J^@4 81^^; cotton for payment, 4 79^
@4 79^; cotton for acceptance, 4 80(@4 80i<.
The following were the rates of domestic exchange on
New York at the under-mentioned cities to-day: Savannah,
buying 1^ discount, selling par; Charleston, buying par,
selling % premium; New Orleans, bank, par; commercial,
$125 discount; Chicago, 4'ic. per $1,000 premium; St.
Louis, 25c. per $1,000 discount; San Francisco, l2J^c. per
$100 premium.
Posted rat^s of leading bankers follow:
Friday
Total
.
Bond
Philadelphia.
Listed TJnlisied Bond
.
sales.
$43,440
75.500
132.000
60.000
60.000
80,000
shares,
14,010
29,476
50,437
31,446
35.021
37,340
400.940
197.730
sharts.
sales
9.201
32,228
34,824
20,Ht8
42.578
»27.500
204.875
512.600
490.700
153.400
428.355
189.846
1,717 430
511.097
—
Note. The total of sales on the Boston Exchange for the week
ending Deo. 15, omitted last week on account of non-receipt of our
telegram for Friday, "were a.s follows Listed shares, 27a,555 unlisted
shares, 130,840 bonds, $30 ',4d0.
;
:
;
—
The market for
Railroad and Miscellaneous Stocks.
stocks was in a state of panic during a considerable
part of the day on Monday. The liquidation was heavy,
as all classes of stocks were thrown ou the market regardless of prices, many issues, including New York Central,
Bijrlington & Quincy, St. Paul, Rock Island, Illinois Central, Manhattan Elevated and Third Avenue, declining to
the lowest quotations recorded during the year, and transactions aggregating over 1,500,000 shares. Through the relief
afforded by timely action taken by bankers, the Clearing
House banks and the Secretary of the Treasury, there was a
decided recovery in some departments on Tuesday and a
Naturally the market has been
better tone generally.
more or less irregular and unsteady throughout the week, as
Sixty days.
December 22.
Demand.
a result of the severe shaking up on Monday, with the volume of business ranging from a little over 70'l,00u to about
bankers' sterling bills on London. 4 81»s®4 t'2i3 4 88 '94 88ifl
Prime
900,000 shares per day. Brooklyn Rapid Transit was a con4 80 @4 6OI2
Prime commercial
4 79»«®4 01*9
Documentary commercial
spicuous feature, declining to 61 on Wednesday, a loss of
5 25 'S'2438*
Paris bankers' (francs)
5 2058®5 20*
nearly 20 points from last week's closing price and 143^
40l8«403|(,
Amsterdam (guilders) bankers
39>3ie®397e
93Be®939h
Frankfort or Bremen (reichmarks) b'kers
94iiie®94% points below its previous lowest record this year.
Several stocks on the miscellaneous list show fluctuations
• Less i]6.
covering a range of from lO to 2i> points, including AmeriUnited States Bonds. Sales of Government bonds at the can Sugar Refining, all the Tobacco issues. Consolidated
Board include .S230,.i00 3s. coup., at H 8^ to 110J4; $3,100 Gas, People's Gas, Federal Steel, Leather preferred and
ditto (small bonds), at 109^^ to IIOI4'; $5.5' uSs. reg., at lldl^ New York Air Brake. The movement was led by Tennessee
to 1103^: $47,(100 4s, coap.. 1925, at 133;*^ to 1343^; $5,650 4s, Coal, Iron & Railway, which sold last week fractional y
coup., 1907, at 1141^ to 115; $12,600 4s, reg., 1907, at 113?^ to above par and on Monday at 64. From the lowest quotations of the week substantial recoveries were made in many
5s, reg.,
115; $60,000 .5s, coup, at 1 2i^ to 1131^ and $24.0
at 1121^ to 113J^. The following are the daily closing quo- cases, but to-day's market was weak, and heavy declines
were geneilally recorded.
tations for yearly range »ee seventh page follorving.
—
1
;
THE CHKONICLE-STOCK PEICES (2 pages)
12b4
New York
Exchange— A
Stock
Monday,
Tuesday,
Dec. 16.
Dec. 1«
Dec. 19.
Wednesday Thursday,
Dec. 20.
STOCKS.
Y. STOCK EXCH.
Friday,
N.
Dec. 22
Dec. 21.
[Vol. LXIX.
1.
Weekly and Yearly Record.
Daily,
Range for year 1899.
Sales
^fthe On basis of loo-sh're lots
STOOKS-HiaaEST lYD LOWEST SILB PRIOBS.
Saturday,
Page
shares
Hig hest.
Lowest.
Range for previousyeur (1898).
Lowest.
Highest,
I
•17
19
•48H 45
20M
61H
S3H
sm
63
74« 76i4
77H 79W
•68
•83
92
5H
97
93
505«
505^
116
116
133H l2eM
83
83
12«
123H
13
•87
77
S7H
78
*3^H 39%
I13H 18>t
•46
•17
•40
17;^
•16
19
45
17% 1894
57k 69%
48% 52k
69k 73%
73
75%
19H
55
«m
48Ki
679i
e5>i
19
46
40
749*
5m
77
45
.
•88
86
•48
89% 90
46M 50k
,
89
50
75
34
119*
8594 X8494
83
75
76%
33k 36k
13
13k
77
37
13M iS^
1699^
•11
15k
•*iH 46H
•8«
J^
31
21
100
114
170
8
35i<
569i
100
11
44
8
•16
18
14H
12
12
34« 34«
•43M 44
43
44
166
165
154
203
803
180
56%
49%
67% 70
6194 64%
48
50%
62% 67k
•43
•98
87%
49
65
88
58
56
88
195
'170
10
11
9
35
55
87
36
57k 57
100% 100% il04
11
11
44% 44k
9
8k
19
41
9
15k 19k
4%
6k
38
879
60
"6
14
13
16
•5
6
14
894
•lak
14
Ilk
Ilk
Ilk
37%
Ilk
34
18
29
31
42« 43
41
80
•17
159
Do
1194
85
76
1C96
•8196
6k
85
34k
117
180
10
86
•16
•19
30
21H
15
Do
110
180
9
10
3494
57
31% 38%
53% 57
58
15k
44% 44k
894
19k 20k
6%
40%
•11
46
•7%
18
5
•11
•43
•8
15
45
9
15k
10
42k
80
6
6
10
13
7%
8
*3H.
4
•15
18
75
205
•39i
55
60
8
4
•16
18
77
50
20
77
18k
205
•47
12
7k
20
18
310
78k
46
78^ 80H 73k 78%
9&H 98% 87k 96k
166H 172H 147 167k
•26
•76
28
78
lOH
3%
8%
9
18k
5
45<
5
35
37% 37%
•14
67
68
14
14%
5%
14
•11
59i
14k
80
6
•24k
74
8%
3k
76k 77%
91
94%
28
74
38
63
64% 66k
1294
•6%
13
•80H
•59
63
•lOH
11
9
3%
18k 18k
58 62
10k
200
6k
30
14H
85
36
•132H 134
•808
23
314
10k
354
22k
7a
99<
35i
38
60
•55
90
18
18
62
»k
32
89k
30%
120
3154
31
4
12%
•75
31
64
13
75*
4
209
309
52?^
72J4
54
JH
74
3k
77%
85
87
18k
18«
52
28
64
iHH
4
12%
80
30% 30%
•206
314
2C9i 219
*46*'
161
27
75
34
126
47% 53k
68
7254
&
10%
3%
168
5%
39%
6
•10
894
9%
90%
90
68
1096
ilO%
32
2954
36
183
130% 127
4k
4
•807
313
•206
Ac
^owa
Do
pref.
Kanawha 4
~
Michigan.
4 Gulf
an. City Pitts.
1
•43
•80
•60
127
46
47
90
63
45
90
65
•80
•55
131% 127k 13054
3% 4
3k 4
70k 73% 70% 7a%
15k
46
24
87
87
8954
15% 17
47% 49
24
35%
18
52
•^8
;
no
sales
on
44
•80
65
12996
3k
69
86
4 Ful F— Stock,
mort 7b 1900. ..J&J
B'way 4 7th Ave— Stock.
lit
Bid.
Ask.
200
Keokuk 4 Des Moines
Do
pref
7594
27
76
10
3% Mexican
3%
394
9
10%
31k
39k
86
36
34%
186
186
129% 124%
400
1,600
41U
pref.
4
"320
Texas
13,810
82,845
950
pref.
25
Ohio
Bssex
NY. Central 4 Hudson..
rights.
Do
8%
Uk
70
12
SOk
89
N. T. Chlo.
4
St.
Louis ...
Do
Do
1st t>ref
2d pref.
New Tork 4 Harlem
N Y. Lack. 4 Western.
N. Y. New Haven 4 Hart.
, .
214
18k 20k
20
31k
63% 64%
48k 4996
69% 71
23
N. Y. Ontario 4 Western.
Norfolk 4 Southern. ....
Norfolk 4 Western
Sd osint as rental. 1905 104
•ntral Crossto wn— Stock 870
litM 6s 1923
M4N {118
Oonsol 7s 1908
J4D
•80
•65
128
50
90
65
40
101
340
105
109
196
107
106
300
186
86
87
8«94
8%
29<
68% 89
86% 88
17
17k
16
4
,..**
4 2k J an
94
9
May
Mar
9
1494 J'ne
9
3
1st gold 5b 1932... J&D §117
F4A
Scrip 5s 1915
Bighth Avenue Stock.
Scrip 6b 1914
42d A Gr St Fer— Stock...
42d St Man 4 St N Ave..
—
2
1
Jan
.
108
390
180
118
104
400
72k
mort 6s 1910.. M48 114
2d income 6s 1915. J4J
87k
Lex Av4 Pav F 5s-S«« Stk Bxohi
Metropolitan— Se« Stock Hxohl
....
75
116
88k
ist.
1st.
— Stock.
Ist
Bid.
.
mort 5s 1909. .M4N
Dm
ie%Jan
68%8ep
Dm
Feb 10
195
200
19
289tDec 23
18
Apr 14kJWD
28%Mar 41 Jan
22 Mar 46%Dm
34 Nov S8%F«b
10
45!4Aug31
52kApr 4
52 Aug 88
Nov 24 il67%Jan
14494Mar 89 105 Mar
5kDec 2
19% Jan 83 ll%Mar
73 Feb
85 Oct 24
28 Mar
41 Jan 83
$390 Mar 14 1320 Jan
il20 Apr
5138%Marll
1187
S222
7
Dec 18
52
2
115
108
200
lifl
1363 Oct
1138 Not
77%Sep 22
83
28
83
17
84
4
22
Dm
56%Mar 7eH8«i
85%Jan ei%A««
65kMar 78 Not
34%J'ne 48%8«p
Jan 83
May 11 54 Nov 1
84kApr 18 90 Feb 80
58%J'ly 5 68%Nov 1
Jan
40kJu
139<Apr
38
Ask.
306
306
16%Jan
76
19%Dm
60 Nov 65 Jan
la^DM
1 Ik Apr
42%Mar 68%Dm
19 Feb 44%Dm
81%Jan 86
J'ne
17
n80 Dm
124%Dm
Apr 20 il78%Jan 301
28%Mar 27
8H%Nov 6
88%Aug 28
74kAug 23
57%Aug 24
108% 109
28th 4 29th Sts Ist 58. '96 J113
Twenty-Third St— Stock. 396
J4J 106
Deb 5s 1906
Dnlon RaU way— Stock... 190
Union Ry 1st 6s '43.F4A lis
29
18
18
14%Jan SO
9kDec
68
33
%Deo
99%Mar 118 Dm
24 Mar 389<Deo
46 Mar 78%Deo
6kMar 7 Mar
Jan 24
Aug
99kNov
37kMay
72 May
73kJan 7
8%Jan 34
39
6%J'na
Jan
3
1
6%8ep 13
6
Oct 25 116
36kJan 6 78
119
Consol. 5s, 1948.. .F4A 116
Sixth Avenue— Stock
310k 213k
Sou Boulev 5s 1946.. J4J «113 115
112
So Fer 1st 5s 1919.. A40 no8
Third Avenue— 5ee Stock Bxoh list.
.
H%Mar
Dm
61.168 122%Jan 5 142 Jan
7%Nov
1
Jau 19
12,563
5,275 43 May 11 88 Jan
1,800 80 Feb 10 100 Aug
22,475 ISkDec 18 26 Jan
53,615 42kDeo 28 68kApr
21,4851 22kDec 32 38kMar
Street K-allwaya.
Second Avenue
Ma.-
16 May 18%J'n«
86
12 Oct
33 Dec 30
53 Oct 88 And
SlkJ'ly 28
308 Jan 84 17054Jan 816
40 Jan
59%Ad8
85 Apr 4
44 Apr 66%Dm
88960ct 30
90 Oct iao%j«n
133%Apr 3
269 Mar 38 135%Mar 194%Dm
29kNov 23
83 Nov 24
4%J'ne
7%Deo
17kApr 27
Dm
79
91
67 Not
110%Mar
%Jan
38%Jan
67 Mar
ISkMar
36 Mar
l7%Oot
rna
69
B«p
188%Dm
2kMa7
68%Dm
84%I>M
83% Jan
54% Deo
89
Jan
1 All assessts. paid.
consecutive pages).— i^7i2^^7
108% 109
400
5kFeb
68%J'ne 16
pref.
Do
Reading, voting tr. ctfs.
ist.
77%Mar 97
22kAug
6
Ninth Avenue— Stock
1
25
Dec 1
1694 Jan 26
49kDeo 1
ll%Dec 4
87kJ'ne 33
5 Oct 13
16kJ'Iy 14
17%Mar
100
Peoria Decatur 4 Bvansv.
PitUb. Cln. Chlo. 4 St. L.
Ask.
Bid.
4 10th 8t-8took 180
Col4 9th Ave Ss-See Stock Bxch
Dry DEB4 Bat— Stock.. 125
7
Dm
Jan
Dm
17kMar 26%DM
85%Mar 136%Dm
64%Nov 27
5
J'ly
1st pref., vot. tr ctfs.
43% 46
83% 34k 2d pref., voting tr ctfs..
t Bi dlv. and rights. « Before payment of assmt.
I Less than 100 shares,
(Given at foot op
70
99
83kOct
10 108
42%Jan
pref., vot. tr. ctfs.
Oo Ist pref.....
Do 3d pref
1«9<
90%Jan
Jan
Dm
4
May
6196Jan
Pacific Coast Co
46% 48
34
25k
8tr«et Katlwaya.
1st
4
12,929
96,616
44,012
pref.
Nor. Pao. By., TOt.tr.otf8.
pref.
Do
129% Pennsylvania
69k
this day.
6
Jan
38',6'01
Do
Do
40
50
90
65
6894
26
7%Jan
3rf
Dec 22
32 Jan 3
176 Jan 3
6 6*, 6 57 180 Dec 18
19,343
3kDec 19
1,815 1 Ik Dec 22
65 Mar 7
700 29 Dec 82
t360 Jan 25
129kJan 27
110 1198 Jan 19
44,421 18%Jan 3
70 May 15
Missouri Paolflo
MobUe4
Morris 4
Apr
44%Mar 68
62
2
Sep
49 Apr 66 J'n*
7 102 Jan ll3%Feb
38
2096JaE
9%Feb 18 Aug
103kAug 18 71kJ'ly 86 Deo
85%Aug 89 28 Mar 54
44%8ep 6 30 Apr 38 Not
19 Nov 83
7 Feb 11 J'ly
53kNov 33 33 Apr 38%J'ly
10 110
12754
3%
4%
6,170
recti...
Do
28% 29%
33
tr.
Do
Mo. Kansas
10
188
Nat'l
34
May 76%8ep
112
165
3,390
.
4%
71%
16% 17k
47% 49
82
5094Jan 5
28 J'ne 28
15
4',S20
Michigan Central
Minneapolis 4 St. Louis.
Do
3d pref.
Minn. St. P. 4 S. 8. Marie.
108
55
90
18
60
§108
55
89
110
60
90
18
60
131% 12ek 130k
3%
18
Dec 19
31
68%Dm
78%Dm
79%Deo
3 13296Sep
lP%Dec
60 Jan 16
200 196kJan 5
1,800 45 Dec 22
45
45 Long Island
7294 74% Louisville 4 Nashville.... 89,199 68 Mar 6
141,000 85%Dec 22
85k 89 Manhattan Blev.,conioi
93,385 147 Dec 18
etropolltan Street
150 154
300 13kAugl2
23
33
Met. West Side El. (Chic.)
146 44kMay 5
71
Do
76
pref.
"
8,820
6 Jan
9
9k Mexican CentraL
Christ' p'r
35
100
330
104
107
Istmor 5s 1904... J4D
Sd mor 5s 1914.... J4J
Oon 5s 1943— Sm Stock Bxchl 1st.
B'way Surf ist Ssgu. 1924 114 116
N 4 B bit— stock
•80
•55
3 12696NOV
.
64% 65%
49% 51%
70% 73%
44
50
90
65
Jan
Mar
Mar
UkDM
Dm
Central..
. . .
20% 21%
81
pref.
lUlnols Ceutral.
20% 20k Lake Brie 4 Western
80
Do
pref.
210 Lake Sh. 4 Mloh. South.
•8454
36
89i
18
Valley.
Do
SOkMar 24 59 Nov 29
May 9 96kSep 82
84%Mar 16 99kMay 81
46kDfC 18 70 Jan 83
85 Feb 20 94 Nov 29
69
97
Oct
Oct
31
68
35
25
68
78
Dm
. .
•78
89k 91k
161% 159%
354
794
•16
18
31
80
210
47
.
pref.
TTocklng
24
S%Dm
r'nB.4W.,deb cfs. "A"
Deb. ctfs. "B"
10
7%
108
.
Ft.W.& Den. C, stamped
t. Worth 4 Rio Grande.
Great Northern, pref.
6
10
7%
•394
7394
.
Ft.
& Torre Haute
Do
68%Aug
43%J'ne 22 61kApr 12
67kJ'ne 21 85kNov 88
61 Dec 20 137 Apr 15
Dm
pref.
Des Moines
161
65
60
4
Do
.
7
11 Apr 16 Feb
Jan 40%Feb
lOMApr 19%D«0
22%Mar B254DM
84
43 Nov
1,525
9
6%J'ne
2,575
27 Sep 6
14 J'ne 80I4DM
9,566
4%Sep 13
8%Jan 6
856DM
694 Nov
5,29j 35 Dec 28 68%Mar 17
48%Nov 60MDM
2,812 19kDec 18 25 Mar 23
1454N0V 80
16,800 lOOkJan 8 136%Apr 30
93 Nov 114%Feb
6,430 157 Jan 7 194kOct 30 140 Oct 159 Feb
6,560 15%Dec 22 36%Apr 37
10 Apr 81%Deo
15,459 63 Dec 22 80 Apr 37
40 Apr 71%Dm
1,100 12kDcC 22 83kJan
28%De«
3
60
8 Nov 38
3 Apr 11
2,1:^0
7%Jan 30 17%Nov 38
6 Apr
SMAofl
2,345 10 Dec 22 16kJan 19
11 Apr 16%Feb
8,664 27%Dec 18 43 Jan 24
29kApr 43%Feb
100 ISkDec 82 33%Jan 80
16% Apr 8196Feb
3,950 36 Mar 28 46%Nov 17
22 May 41%Dm
413 70 Jan
98%Sep 9 40 Jan 73%DM
14 Aug 9 25 Jan 6 i 15 Nov 28 Mar
10 May 17%Dm
14 Feb 1 30 Mar 28
13,695 142kJan 6 195 Maris tl22 J'ly 180 J'na
49%Jan 6 6t%Jan 31 40kJ'ne 60
37
7%I>M
3%J'ly
6 May 4
9kOct 84
2,240 83 J'ly 12 3796Sep 6
11,297 68% Dec 32 66k8ep
6
12,485 l06kDeo 22 122 Jan 23
96 Apr 11696DM
1,415 lOkMar 7 1594Aug 24
7%Mar
3,370 40 Dec 22 62kAug 25
26 Apr 42kDM
100
8
5%Oct
15 Mar 22
754Jan 18
4,389
IS Apr 26%Dm
7 Mar 16 18 Jan
6
pref.
81
47
500
Or.BR.4N.Co.vot.tr.cfs.
Street Rnllwayg.
NHW YORK CITY.
•n Pk
Wheeling.
pref. vot. tr. ctfs.
Col.
Son., listed May 34
Do
Ist pref.
do
3994 Bvansv.
12
12k 12% 12
70
•70
•30%
•30% 33
OUTSIDE SECURITI E8
St
&
Do
81
23
72
31% 819i
2054 82k '21% "2254
63
66
65k 65
49% 52% 51
52k
89
71% 71% 72
22ii
Bid and aaked prices
BlMOk
Do
38
18
18,200
1,195
100
.
Colorado Mid., vot. tr. otf s.
19
•130% 133
20
64
49
88
65
132
12
•70
"si'k
83%
67%
•47
3k
4k
12J4
33
67
I
uk
88%
187
188k 133
80H 33%
•87
•60
131
Clev. Lorain
40
85
18
9% 10
39
35
36
35
38
a39i
74H
St. L..
pref.
40
6
6
31
77%
89% 94%
89
'
85k 41k
4%
•13
•78
•32
Do
•16%
15
30
20% 23
79
79% 78
•15
89
10k
30
1309i
pref.
&
Clev. Cln. Chlo.
I6I94 164
186
127«
4M
•
25
76
3%
89
43
45
•38
•184
89
83«
32>i
41
pref.
Do
9
19%Oct 26
48kOct 86
24%Feb 23
8
Dec 18 136%Sep 6 83kApr 180%Dm
Dec 18 179 Sep 5 140 Apr 16«%Dm
141%Jan 4 173 Sep 6 llSkMar 148kDM
188 Jan 19 310%Sep 7 1 63 Jan 191%NoT
100 Dec 18 182%Jan 27
80 Mar 114%Dm
91 Feb 8 126kSep 82
65 Mar 94 Dm
170 Jan 16 185 Sep 1 1148 Jan 170 Not
4,186
7kJan 7 25%Mar 27
4%Jan
996M«r
3,480 31kDeo 38 5e%Mar 27
32%Jaa 37%AV8
&
Dodge.
12k
5% 5% Dul. So. Shore & Atl
12% 13
Do
pref.
10
10% Erie.
38% 29%
Do
1st pref.
16% 15%
Do
3d pref.
13
1394
11
•81
85
•394
160k 157
21
<2
11
10
50
93
23
Do
A Pao.
& Om..
50%Jan
173 11 294 Jan
29,831
1,700
2,U8G
3,220
2,342
1,170
183,111
1,577
11,021
130
73,836
8,345
15
11
12
30k 30k
18
40% 41
60
151
60«
91!^
pref.
Isl.
17
Apr 29
May
May
23%May 31 31%Dec 4
114kDec 22 149kFeb 18
1,100 35 Dec 21 6896Apr 89
910 5994Jan 4 lOOkSep 1
Chlo. Terminal Transfer.
46
18% 17
Western.
Chlo. St. P. Minn.
106
il(J4
pref.
& North
Chicago
§110
•170
115
180
1104% 104k
167% 161% 160k 163
6k
78
•305
7954
.
100% 10254 Chicago Book
10496
3494
58%
.
4 P.O. pref. "B"..
Chlo. Indlanap. & Lonlsy..
42
Do
pref
11494 Chicago Mllw. & St. Paul.
•18
9% 10%
•11
30
103
116
•170
104
8%
Western.
ip.o.debentores
B P.O. pref. " A "
Do
Do
Do
8596
73% 75
33% 8394
76
30
88^ 325i 305i 33
•29%
30k 29%
68
64
em 28k 67k 56% 58 35% 31k 53k 66
68
60M 63
111« 106k 110k 107k 111
109% 110% 108 108k 10Skl08
1109i
•18« 12« 11
IIH 11
Ilk 11% 12
Ilk Ilk 10% 11
•63!^ 56
48
49
40
45
49
49
48
48k 68
4!4
.
14,465
70,b23
220,597
pref.
119< Chicago Great
Do
10594
•15
166
:%
2,340
7,270
Capital Traction
Central of New Jersey ....
300
14
65% 67%
66
20
166H 168
12
1(10
100
pref.
,
»18H
'H
& PltUbnrg
•13% 15
Do
8d pref. do
14% 14k
12k 13k
niH 115 109% 113k 113 11494 113 113k llOk 113 Delaware 4fc Hudson
171
176
169
169
175
171
176
el. Lack. & Western.
169 173
170k
17^ 18
16% 17
17
17% 1«96 19% 16% 16 Denver & Bio Grande.
90
•354
Baffalo Booh.
188
11
3394
12k
8454
789^
5
S9
13
85
•10
.
Do
87
8;% Canadian PaoUlo
46% 48%
anada Sontbem
1454 1594
14k 15
44
44
43
43
115% 117% 11496116% 113%
165 170 '165 170
S166
170
151
153
155 157
151% 157
•116
•176
69
•123
130
34% 36
lis
180
112
101k
15k
44k
39
76
102% 105k 103k
11^
88%
91
•87
44
156k 160
802
108
118
19
6?6
•43« 46
15H 16
115 118H
175« 178M
iS^ 18%
70
70H
89k
49k
72
58,936
Do
pref. 268,695
27,181
Ba]t.401iio,vot.tr.certf8.
62,564
Do
pref
BrooUm Bapld Transit. 514,630
Banta Fe
.
120
165
60>,
4894
12
11
148
104
88%
It''
49
69
&
Topeka
1796 Atoh.
.
"VOH "iT
84
87%
il98M 198U •198
60
•102
61
•43
•88
68%
14
36
pref.
116k 113 114% 112k 114
11194 nsk
2754 2894 Chesapeake & Ohio
2854
28
28
39
99k 27
39k
11694 120k 11794 120
117% 11894 114% 117k Chicago Burl. & Qnlncy
123k
Chlca$:o Consol. Traction
36%
36k 38H 33
S85% 85% Chicago & Baat. lUlnols.
92« 85k "8*5" "85k 85
90
85% 80
•1699i 171
167 159!^
IIH llH
89H
68%
50% 61k
71% 73k
57
1894
6794
Ann Arbor
Do
19
46
iie?^
399i
118% 118% 118
•88
19
Railroad Stocks.
•16
•40
17
64
18
46
iio" 112'
43
112
108V6 lC9)i
•118 123
•175 180
18k
•16
•40
17
19
46
113
85
117« 130
49
•16
•40
RAIL WA
YS,
Street Railways.
(§G.
Bid.
Westohest 1st 5s '43..J4J {113
Ask.
114
BROOKLYN.
Atlan. Ave., 1st 5s..A40 «1C«
A40 115
Con 5s g 1931
99
J4.1
Impt 58 g 1934
B. B. 4W.B. 5s 1988. A40 101
100%
10194
836 288
Brooklyn City- Stock
J4J 115 117
Consol 5s 1041
Bk]ynCro8Btn5sl908.J4J 104
••«
BklnHgtslBl 5b 1941A&(> 105
d'kynQ Co.4 Bub— Se€ St ck Bx. llat.
BlrlTnBap.Tran.— S«« flto ok Ht.
•
1
Dec.
THE CHRONICLE —stock
23. 1899.]
STOOKS—HIGHEST AND LOWEST SALE PRICES.
Saturday,
Monday,
Tuesday,
Dec. 16.
Dec. 18
Dec. 19.
•41
•41
83
•47
16
44
?7
7
6%
71
68
SOJi
66ii
1«
23
40
40«
20%
10J4
54
no
tH
17
50H
33
18«
ll«
62%
49>4
•7
61i»i
36
35
34
86
•7J<
35
31
77«
.86
88
78
32
85
120
113
43
83
38H
90
1385<
113H
98
84
76
87H
7
78
989^ 100>^
88
•184
39«
81H
131
138
14
114
11« 12%
54H
63
32
iSO
U44
32M
33
33
78
80
93
76
11« IIM
60
Friday,
22
X)ec.
N.
38
30
79
40H
78K
38
90
76
34
84M
131% 184
115
97
110
•90
88W
76H
141
34
34
30>6
85%
40M
79
38^ 43%
87H 91
96
96
27
76
198
88K
75
87^
111
11
53
115
111
111
1056 11%
51
53
58M
31
31% 33
31»<
92 94
93
98
•85
34
34
•137
143 il43
143
31
3256 3256
315(
11%
115<
51%
7% 7%
51
24
30
81
39
178
30
38
84
39
78
40% 42
88
89%
140
35!^
131
76
97
27
77
87
136
89%
136H
26
140
38
133
33%
134
35
134
115<
115i
for year 1899.
400
400
Do
800
Jan
36 Jan
381
98%Jan
17
295, la7
32, 16^
27
10
May
May
May 88 An«
50%Mai 69%A««
85iFaD
6%Dec
Jan
18
I
Oct 28
45
IS
Feb
Dec
8
Maj
7
4056AUK
3
106
r
J'n«
23%J'B«
9%N0T
69%Dm
354Jan
Apr
Apr
Apr
DM
100 Dm
35 Dm
1054 Dm
14%Mar
84%Ang
t97%Apr
33%Dm
Not
756DM
35
iMai
8
18
38%Dm
iJ'iy
Jan 23
44MX0T
9
31
63
52%Ma)
22%Feb
73%Ang26
5
Highest.
Lowest.
55
24
J'ne
\viou8 year (1898).
38
8%Dtc 28 14%Feb 1
84 May 13 75%Jan
e
2!^5iDec 82 44% Jan 31
4
854Jan
18%Aug 3
12
8,3W0
3,400
2j,200
24
14^0ct 3C
5S56X0V 3fi
2356Mai 4356DM
2556Mar 1
8%MaT 30%Dm
10,938 ll75iDec lb 342 Feb 27 145 Oct i94%Feb
20 Jan 21 29 Apr 4 il2 Aug 25 Sep
35 Jan 25 45 Dec 2
36 Aug 48 On
1,000 38 Jan
3
73 Apr 17
16% Jan 36%DM
100 118 Jan
t 141
Feb 24 l07%Dec 107%Dm
187,040 38%J'ne 20 51%Dec 5
16)6Mai 4456DM
10x,847 88>*Deo 1« 84%Jan 23
45%Mar 7456DM
9%Ailg
5,560
PKDec 18
8%Mar
8%Jan 24
40%Jan 4
12MDeo 18
54,822
SJ0,120
17,420
25,178
2,360
18,132
4.970
3,600
May 24 25%Apr
7%Dec 22 13 Aug
19
45 Deo 82
21%J'ne23
, ,
pref.
Amerloan Linseed
Jan
59
Aug 38
1056 Dec 22
sue Feb
81%May
26
25
Dec 82
Dec 18
6856Sep
48 Nov
"
51
30
3
406 88%Jan 5
50 30 Oct 18
300 133 J'ne 19
8,680 31 Dfc 22
30 73%Dec 14
2,694
854J'ne2C
pref
American District Tel ....
A.merlcan Express
64
6
31
8C
33%Sep 25
31 Nov 8
13%May 24
48%Dec 22
400 S108 Jan
7,395
5,429
8,825
Oil
Do
9
Range for pre-
'
44 Nov 27
90%Nov 27
7%Dec 1
Jan
35^J'ne 24
3,9 SO
Do
American lee
38%May
501
pref.
American Cotton
66
.S70
merlcan Car & Foundry
Do
49%
1285
2
86%Jan
.
Adams BxpresB
72%
'90
91
i WMt«m.
.
188^ 121 128« 180% 126H
112H 112% 118 113
24« 27
74H 76
80
S9K
12«
•IH
38H
84
38
76
78W
136
32H 37
130
188
875i
75H
30
33
86
39
13d
134H
7H
„'«
77% 77%
. .
572%
11« 13
50M 58%
52
8
78H 99
1141
•110
138
•73
2^
sen 37
47M 47M
33
94
30
82
68
121
113
IIH 12H
55
SIH
98
92
25
34
16
16
1140^ 140J^
148
31« 38
•12«
181
52H
23k 24H
16H
47>4 iSH
53
{'IK 91K
§142
4356 44«
70% 73«
7H
19% 2014
8M 9H
5iH
23% 24%
8ii
110
110
11« 13
65
30
25
50
65
137
^H
20H
115
84>i
Q0% 62^
19
51
11?^
•20
•40
•60
71?6
51
40
79
87
•88
189
113
•98
25
25
50
68
•110
8SM 38M
11
42«
16
49
13H 18H
08^ 69
88^ 38«
30«
11
IIH
23« 2 4%
55« 55«
U03 lOSJ*
34« 38
30
63)^
51M 52%
13« 14% 14^ IBM
180^ 126
128^ 186
•20
•40
50
88
i88
51
45J<
6H
7>4
27« 27%
ia« 17
84«
33^ 3SM
lOH 11H
79M
74H
•85
il45
60^
19H 20H
«H
51
53H
23^ 27
47
95
35
145
9^ lOH
34H
03^ 63^
137
83
6K
51
17
9
70
30?^
il79i 193
•30
25
129
25
50
66% 65%
30
•66
31
10
102^ 102J<
30M 3"
lOH 11?^
49« 5S%
12M 15
104
38^
11« IIH
53H 541^
9%
9H
9
eo>4
87
•7X
70
20
58^
30
9H
9
ae
45?^
•6
6
85^
Range
Sales
Do
pref
•6
6
7
7
St.J.4G. I»l. Tot.tr. ct8
i^H 465<
Do
47}< 47«
1st pref
•15
15
17
16
Do
2d pref
8% 8H SU L. & 8. Fr., Tot. tr. otf 8
8%
•68
68 70
72
Do
Ist pref
Do
2d pref
29H 2956 885i 29
11
1156
9% 10% 8t.Lonli Soathweitem..
22
31
22
Do
pref
23H •
•62
84
64
at. Panl i Dulnth
•101
{loi" 101
106
Do
pref
32« 34% 31% 33M Southern Paolflo Co
11
11% 10% 10% Southern, voting tr. otfs.
Do pref., vot. tr. otf»
50M 51*t 48!^ 50%
14
13% 1456 13
Texas & Paolflo
121
122% 124
182%
hlrd Avenue (N. Y.).
•20
20 25
25 Toledo & Ohio Central.
40 50 •40 50
Do
pref
60
6O94
57% 58 Twin City Rapid Transit.
Do
pref
41
43% 395i 48 rjnlon Paolflo Ry
68% 70%
695< 71%
Do
...pref
7% V^abash
7%
19% 1956
19% 20
Do
pref
8
7% 8!^ Wheeling & L. B., new
9„
47
53% 45
Do
47)4
let pref.
23
Do
2d pref
24M 31%
15% 15H Wig con. Cent. new(wh.lg.)
155i 18
47
48% 47
Do
pref.(when ls8.)
47M
niscellan's Stocks.
«85«
•15
23
15
196
•80
•40
0%
9
Dec. 21.
Page
(2 pages)
^'^« On basisof /00-sh're tots
STOCKS.
Y. STOCK EXCH. Share's
Lowest.
Highest.
Rio Q-rande
83
S83
6
•47«
§3aM 3214
*10H 11>4
102U
Dec. 20.
51
17
•9
•69
44
83
83
Wednesday Thursday,
prices
2
97%Oct 38
33%Mar
n80%Au
41%Sep
3
2(1
15%Mar 153 Not
M»r 38 Aug
33 May il80 Feb
68
1116 Jan
l395iA(l8
24 J'ly
76%J'ly
9056An8
88 Dm
f
85 Sep 11
1656N0V 89
Dec
37%Jan
87%Jan
3''
12,1 6^
Dec 19 59 Apr
10,703 77)6Deo 18 94%Apr
9,461
44%J'ne 20
910
6)^Dec 23
84 Deo 31
34
88
20
20
13,56()
37% 38 American Steel Hoop
34 May 24
J79% 79%
6,775 70 May 13
Do
pref.
38% 41 Amer. Steel &Wlre (new) 169,640 32 Dec 18
84
10,088 84 Dec 28
88
Do
pref.
114% 119% American Sugar Refining. 151,190 ll4%Deo 22
111% 11154
1,265 110 Jan 18
Do
pref.
$95
95 American Teleg. & Cable.
66 95 Dec 14
24
9,145 30 Dec 11
2454 American Tin Plate
74
76
3,360 74 Dec 22
Do
pref.
366,746 78%Deo 18
80% 87 Amerloan Tobaooo
134
136
1,464 121 Dec 16
Do
pref.
87,036 31%Dec 18
31% 36 Anaconda Copper
130
8,525 130 Deo 19
130% Brooklyn Union Gas
4b56Nov 38
8e54Sep 14
78 May 4
10654Mar 13
51
6%
7% Amerloan
Do
pref.
Sfaltlng
27
30
3056 Amer.Smeltlng
81
82H
37
3,8 1£
pref.
Do
<k
Refining
pref.
61
182
123
105
1
Mar 20 107%Mar 146%AU«
Mar 20 103 Mar 116 Jan
Apr 18 S88 Mar 98%Dm
!
5254Apr
99% Feb
4
8
5
6
229%Apr
835iJan
150 Mar
112%Mar
70 Apr 26
160 Mar 17 106 Mar
2056Ang 14
7%0ct
656 Apr 31
%Apr
64 Sep 11
17 Mar
130 Deo 1
65 Aug
4%J'ly
31%8ep 6
223%Mar 11 164 Oct
65%Apr 17
103%Aug 88
101 Aug 18
46 Apr
130%Oct 30 74%Nov
75 Apr 3
39 Oct
93%Apr 3 69%Oct
132 Nov 2
78 Sep
163548ep
135%Ang
140%I>M
14 J'ne
2.890
runsw. DockAC.Imp't.
9%May 9
2
•1%
15<N0T
1« 19S
•1%
100
3
2
l%Jan 17
156 Colorado Coal <fc I. Der't
36
38%Dm
38% 375i 40
83,580 30%Feb 8
37
345< 3654
olorado Fuel A Iron
41M 43H 35X
38)6
•189
186
130
90
120 135
128% 182%
600 88 Jan 6
125 186
Do
pref.
•16
•13
95<Dm
14?^
1.000
15% 13
6%Feb 15
15% 125< 13 Col. & Hook. Coal & Iron.
17H 13
12J1 13
173 188
179« 188>< 168 189
306%J'ne
180 183
180 185
178% 180 ConsoUdated Gas (N. Y.).. 81,888 163 J'ne 6
80
31^ 38^
28U 87^ 29% 87% 28% 25% 87 Contlnentai Tobacco
69,135 80 Deo 18
31M 86
80
81% 71
88
80^ 78
78
80
83% 79% 80% 76
37,712 71 De. 18
Do
pref.
96
96
11,100 63 Jan 4
Detroit City Gas
«7 Sep
96
96
9656
955i 955i
965i
ib5% 106%
76%Oct
800 985iJan 18
Brie Telegraph St, Teleph
103M103H
167,978 3954Dec 18
52
41% 4756 43% 45% 40% 44 Federal Steei
51H 68H 39H 58
42M 46
70
85%Dm
7iH 69H 73« x69
67
72
70
Do
80,442 67 Dec 32
785i 76^
69% 71
pref.
110 118
119 130
11656 119
117 General Bleotrlo
97
118
181
117
119
13,690 95%Jan 3
11656
4eu 38
41
48
37
40^ 40
12,100 37 Dec 19 7854Mar 30
40% 39% 40 Glucose Sugar Refining.
48% 40
8656Dec 78%Dm
95 100
100
95
95
90 100 •93 98
100 96 Dec 19 110 Jac 14 107%Dec I0956l>ea
Do
pref.
112« 112!.^ 111 112^
H.B.ClafllnCo
300 97 Jan 3 117%J'ly 13 l8754J'ne 9654DM
ie« iBH 17« 19
17« 19
17
67
19
19
9,741 17 Dec 11 68%Jan 83
48 Sep
20% 18% 20
International Paper
66% 68%
66
6856 65
64
84
65
64
Do
4,600 62%D6c 18 95 Jan
06
85 Sep 95 Deo
6654
5
pref.
10
10
9
9
10
875
International Silver
9 Dec 19 36 Feb 37
10% 10% 10
10% •8
30
IBS
33
40
135 30 Dec 20 63% Feb 83
30
30
Knickerbocker Ice (Chlo.)
5454Deo 67
•62
78
Do
70 Nov 14 84 Feb 17
81 Deo 82%Dm
pref.
'75
77
77^ 75
77
74
78
75 78
78
78
3,296 51 Mar 4 85 Deo 6
80
37%Mar 6456Ang
Laclede Gas (St. Louis).
98 100
95 100
97 100
98
Do
800 96%J'ly 18 108%May 18
85 Mar 96%Aug
98
96H 96« •96 100
pref.
•6
15
•6
18
6
6)2Jan
6
10
10
10
Manhattan Beach Co
150
5 Jan 25 39 Apr 35
2 Aug
38
33
31
36
35
35
32% S3W National Bisoolt
6,418 31 Dec 19 62 Jan 21
3056Aug 58%Dm
83>t 84
34H 36
87
•
90
91
91
Do
495 89 Dec 11 107% Jan 19
91
91
«90% 90%
94%Aug 106
pref
85
iSH 23
24% 34% 8456 23% 84
22% 23)4 National Lead.
9,840 82%Dec 22 40%Jan 20
28%Mar 3 956 Aug
25H 23
'
106 104 106
105
106>4 103% 106% 105
104% 104%
Do
99 Apr 114%I>M
105
761 104%Dec 33 115 Jan 21
pref.
9%Dm
Nat. Linseed OU, tr. certf s
2 J'ly 13
8%Dec
8%Jan 12
•5
•6
•5
•5
•5
9 Feb
National Starch
354N0V
4%Mar 17 9 Oct 30
60
60
80
•60
•60
•60
80 Jan
Do
80 Mar
43 Apr 30 70 Oct 27
Ist pref.
15
•15
16
16
15
•IS
Do
13 Mar 17 25 Oct 16
12%0ct 30 Jan
3d pref.
36« 315< 34
3l54nec 19 83 Apr 24
34% 37% 36
36% 38 National Steel
9,1 le
36M 37H 33
36)t
89
91
91
89
I>o
x97% 88% 88
88
88% 87%
3,990 85 May 15 9956Aug 11
90H 88
pref.
35 40 •35 40
•35
•36
40
•35
•86
43 Sep
40
40 New OanUCoal (new stock)
40 Oct
38 Oct 87 42 Jan 25
40
126
120 185
126
130 130
110
125 N. Y. Air Brake
14 Apr 120 Sep
1,846 110 Dec 82 830 J'ly 19
14
14% 18V6 14
75iDM
13
4%Jan
13% 14% 1356 14
13% North American Co
2 ,773
8%Jan 8 1756NOV 21
13H 14
•8
•8
•8
6%Dm
9
9
9
OnUrio Silver
9
100
3%Jan
•754
6 Mar 23 10% Apr 27
856
41
36
40% 42M 35
37
21 Apr 46
38!^
38
37,101 35 Dec 18 55 Jan 30
39%
38% 33
Pacific Mall
112 Not
108 108>^
90« 1039i 90% 91% 92
86%Mar
93
91% 9354
eop'rgQa8-L.4C.(Chlo.) 127,341 90%Dtc 19 129%Apr 3
97% 92
54^ 64>i 49}^ 53^ 49
50
6,1-45
52
4454J'ne 1 61 Aug 14
53% 53
53% 51% 52>4 Pressed Steel Car
76
84
84
82
82
Do
83
80% 81%
3,420 75 Dec 18 91 Sep 7
83
85M 85M 76
pref.
187 187
181
186
179^ 181 (185 185
Pullman's Palace Car
4,189 156 Jan 30 20754Oct 20 X132NOV 816 J'ly
183% 185
179)i 180
19
"p epubllc Iron tt, Steel.
19% 16« 18« 16% 18^ 18
19
18
8
16,362 18%Dec 19 33%Sep
1856
18>s 18
64
82
62
63
80%
83
l>o
62% 64
61%
4,473 60%Dec 19 79 Aug 29
62% 81
pref.
59 64H 59 59
59
66 May 60568ep
59% 59
18,000 5856Dec 23 65 Apr 28
59% 59
5856 58 H Sliver Bullion Certlfs
59%
59H
9
3%Jan lO%Ang
9
9
9
4,239
8%8ep 30 15%Nov 2
8Mi
7« 856 tandard Rope & Twine.
9K 10
85<
9H
17 Mar 3854
80
83
64
81
70% 79
75
69% 75 Tenn. Coal Iron St RR
50,840 36 Jan 14 126 Sep 11
80% 75
7754
1150
150
Do
50 111 Jan 4 160 Aug 22 ISO Aug 106
pref.
81
80
20
19
30
80
4,035 17)4D:C 19 45 Mar 28
Union Bag St Paper
80H 17% 20
195i 20
76
73
71
71
176
75
72
71
Do
71
72% 73
1,635 71 Dec 19 89 Mar 29
pref.
45 4S
•43
45 48
46
«47
47
48
148
United States Bxpress. ...
48
148
87 i46 J'ne 9 60 Jan 12 88 Apr I68%Dm
20
20
20
Unit. States Flour Milling
18 Nov 6 S8%Sep
"12" 30
•12" 36
•12" 33
35
Do
12
100 12 Dec 6 7 8% Sep
pref.
5%Apr
8HM«J
18% 18«
13
554J'ne 7 4i.%Nov
1156 1356
74,820
11% 12% 18
18% 11% 12% United States Leather
68
535iMar 76%I>M
73« 75M
73
66
Do
eeji 69
69
42,863 84)iDec 18 84%Nov
70% 88
8954
pref.
14%Mar 48%A«<
41% 48K 38M 41
39
39% United 8Ut«c Rubber
87% 40
8,370 37HDec 19 67 Apr
39% 40S4 40
4056
00 Mar 118%Dm
104 104
103 103
100
101
Do
101
104% 101 108
4.078 9954 Dec 28 121 J'ly
pref.
995i 101
•181
186
178 183 •180 186 183 188
Palace Car....
181 J'ly 17 V205 Oct
Wagner
•180
lli2S%My I181%be.
120 1125
119 123 120
130
185 il84 134 119 125
ells, Fargo & Co
138 180 Dec 18 135%8ep
83%Mar 96HAag
87« 87K 85
85% Western Union Teleg raph 11,637 82 Dec 28 98%Jan
865< x85% 86%
85% 86% 82
87M 85
13
Vi
13
•1%
12%
12K
'IH
12>6
11
11
10
11
Dm
Dm
Dm
.
Dm
Dm
8
8
8
Dm
5
8
Dm
,
Dm
Dm
. .
Bid and asked prices
;
no
sales
on this day.
OUTSIDE SECURITIES
Street Kallwaya.
CaLCem Gr.&B'kynist
Coney Island
St
s
Bid
111
Brooklyn.
J&J
1st 58 1903
Es oertfs lndbtl903.J4J
103
101
B'kC.*New58'39.J&J ni4
ar.et.&New lst58'06A&O
G'p't & Lorlmer St. 1st 6s.
Kings Co. Blevat Stock
Ask
118
S80
104
103
116
104
108
Incomes. ...
Bonds
Nassau Bleo pref
6S1944
I8t4sl948
88
A&C
J&J
90
77
116
112
94% 97
i
Less than 100 shares.
(Gitbk at foot of
Bid.
Street Railway.
NewWmb'g&FllBtex.4%8 106
NY& Qus Co 5s 1946. AiO
Stelnwayl8t88l928.J&J
117
OTHER CITIES.
Bridgep Tr-lst 5s '23. J&J «108
Buffalo Street By— Stock. 100
Istconsol 5sl931.F(kA i
M&N uio
Deb 68 1932
277
Chicago City RR— Stock.
27
Citizens' St (Indlaaap.) ..
100
Cleveland City Ry
Cleve Clty-lstSs 'Og.JiJ 106
*
Bx diT.
of 100
p. o. In
bonds.
||
Old stook.
t
Ex 100 p.
c.
stock dlT.
t
Ex rights.
consecutivb vk&^q).—81REET RAILWAYS,
Ask.
Street Railway.
Street Railway
Bid. Ask.
7
107
117%
Cleveland Electric Ry.,
Con 58 1918
MAS
Columbus
(O) St
91
108
23
&j.
Preferred
84)6
Cod 58 1932.— S««Phila list.
Crosst'wn— 1st 5s..
110
108
Kansas City £1 6b...
Bonds 4b
i 88
14
Lake St (Chlc)Hlev-Stock
94
deb 58 1988
J&J
Louisv St Ry— 5 p o bonds 118
98
107
25
85
.
110
103
116%
lis
285
31
101
108%
Common,
Preferred
'
New
Orleans City Ry
Preferred
North Chicago— Stook. .
Ist 5b 1908-18
J&J
North Jersey St.— Stock.
•
106
89
96
119
74%
111
Lynn*B08-l8t 58 '34. J&D
Metrop W. 8.(Chic).— Sff
Mlnneap 8t Ry-58 1 9. J4J
113
Bonds
No Shore Tr (Bost)-Com.
Preferred
PrOT St Pawt'ck-l8t 58 '33
} Buyer paya accraed
dtc
THE CHRONICLR-BOND
1286
BONOS,
Wbbk
Aiabamtt Cent.
)absma Mid
Albany ASusq.
Last Salt.
Sou Ry.
nag. 1928
M-N
101
BONDS.
STOCK EXCHANGE
Jan, 1.
Week Ending Dec. 22.
Low. High
since
Atk Lmt. High. No.
Bid.
Se4
l8t
Range or
Dec. 22.
£in>iNO Dec. 22
98
J'ne'99
102^
S«eU&H.
Se«CenofNJ.
I.
1995 Q-Jt
Ann An or iBtg 48
AtchT&SFeKeng48..1995 A-O
89
94^
1995 A-O
1995 Novt
Adjustment g48
1995 Novt
Registered
Equip ti-ser Ag 58.... 1902 J -J
89
Sale
Sale
75^
97
75
Sale
82
8794 989i
94!^ 1039^
86^ 10214
780
73^ 1176
7^
7694
799iDec*99
Cblc&St Lou l8td8..19if M-S
Av Bklyn imp k 58 1 934 J -J
Atlan & Uanv See South Ry
Atlan & Yad. See South Ry
Atlanta & Char. See Sou Ry.
Austin &NW. Se«. SoPac.
Bftt Creek & S. See M Ich Cen J
alt & O prior 1 g 3J^s.l925 J
.
91
'd7k
Dec •e9
94%
RcKlstered
Atl
88H
8394
108
Jan.*99
110
Sale
92
Sale
94"
81^
Sale
siii
818
92
100%
"97H
92^
94"
61
94"
ioijji
"39'"
430
93H
106
F-A
Krle.
•116W
•103
105
93^
91
•
104K
as
43
93
104k
108
Nov'99
107
J'ne'99
187H 129
186}i 130H
100
100
107^
Deo '99
Feb '99
19 105
110
105 Jan.'99
107
108
loeji loeji
106 Jan '97
105
26 107
105
lie
11 OH
Sale
g 4s. 1 948
Central Ohio. See Bait & O.
CenRR & B of Ga— Col g 58'37
Cent of Qa Ry— Ist g 5b. 1945
1945
Registered
1945
Consuigold 5s
1 945
Registered
iBt pref income g 68 .1945
2d pref Income g 5a ... 1 945
3d pref income g 5s... 1945
J-D
M-N
F-M
F-A-t
M-N
M-N
85
86^
Bale
Oct.*
Oct.*
Oct.<
80
Sale
1946
Mobile Dlv Istg5s....l946
Mid Ga & Atl Dlv 58. 1947
Centof N J-l8tconv 78.1902
Convertible deb 68
1 908
1987
Gene' al gold Ss
1987
Registered
Leh & VV B C con as 78. 1 900
1912
58
Le&Hud Rgen gug58.'8'
Am Dock & Imp Co 5b. 1 92
Cent HaciMc serS Pac Co
Charles &SaT istg 78.. 19bb
Chea & Ohio— G 6b ser A. 1 908
1911
Gold 6s
193v
lat con g 5s
193b
Re Istered
1992
Gen gold 4^8.
1992
Registered
R&ADiv St con g 4b 1989
J -J
J -J
J -J
1 st
.
M&NDlvlstgbs
.
.
I
2dconB4B
1981
37
Chic Bur & Q— Con 78.
Sinking fund Ss
Debenture 5s
.
. .
93
'
. .
Han&lstJos con 6s.. .1911
Chlc&EIII. iBtsf cur 68.1907
112« Mar'99
117H 119^
n'iH 119 Deo'vQ
97
«8« Deo '99
108
Sale
'.'.'.'.'.',
l-J lOOH
100« Dec 'My
11394
"89i
lOOH Nov'9H
110
110
Sale
100
104
MAN
Nov'99
Apr'99
Ang'90
10994
""5
)099<
111« J'ne'99
180
113H
Nov'99
llbH
"5
107
107
107
107
107
115
Nov'99
118
118^
113
92
98
27
98
108
10896 109
105
160
120k
....
Sale
Sep.'99
111%
120k
160k 178%
174%
161
178g
112M 128%
118 180%
118% 183%
129 188%
1:1% HIV^
120k 123
11894 124%
117 125K
110 118%
122% 13^
118k 188
Deo '99
Dec'9\»
Oct.'99
118
Nov'9H
119k Dec'99
129% Nov*'9
121
117
Dec'99
117
1
112k Dec'99
122k J'ne'99
llPk U8k
118k May'99
137k J'ly'99
106k May'97
116
110
lOSk
Oct.'99
111
Feb '98
121
6s...
1902
Slnklngfund 68 1879-1929
Registered ....1879-1929
Sinking fund 58..1879-1929
.1879-1929
Registered
Sinking fund deb 68. .1933
Registered
1933
85-year debenture 5a .. 1 909
1909
Registered
30- year debenture 5s.. 1921
1921
Regis ered
Extension 48.. ..1886-1926
Rearistered . . . .1886-1986
. . .
Gen Gold Sks
1987
1987
Re^stered
Bscan & L Sup Ist 68. .1901
Dea Mo & Minn Ist 78. 1907
Iowa Midland Ist Ss... 1900
Win ona & St Pet 2d 78 1 907
1905
Mil&Mad Ist 68
Ott C F & St P 1st 5s 1 909
North Illinois Ist Ss.. .1910
.
.
MllLS&W
J-D
A-O
A-O
A-O
A-O
M-N
M-N
M-N
M-N
A-O
A-O
F-A
F-A
M-N
Q-N
J -J
F-A
A-O
M-N
M-S
M-S
M-S
M-N
F-A
F-A
J-J
M-S
M-N
J-J
J-J
J -J
J-J
J-J
J -J
J-J
A-O
A-O
126
142
'10
115
118
187k 18
^
112k 118)
40 108% 114J
Dec'99
10894 Dec'99
118k Aug'99
180 Sep.'99
116 J'ne'99
100 Dec'99
10694 Mar'99
115
115
119kl>eo'98
'116
109
lie"
1
07k
.
103
188
117k
108
110
114
108
140
13694
105k
120
181
140
"139"
140
140k
•180
132
!25
104^
iia
130
132k
Sale
115
104
106k
188
m" lis"
105
110%
106% 106%
108k 110%
105
1
Nov'99
Dec'99
Feb '99
Nov'99
Aug'99
Dec'99
Feb '97
Dec'99
Dec'99
Dec'9H
Nov'99
Nov'99
Aug'99
105W
Nov'99
110%
106klll»
Nov'99
107
106
103 Nov'98
10794 Mar'98
120
lie
10594 100
Feb '98
106% Feb '99
125
112k 114
116
116
106
106k
109k Mar'98
11794
105
181
136
146%
10894 116
lOi-k
117
122
121
186
148
Oct.'99
J'ly'99
"25
108
182
108
184
117% 117%
110
113
186
111
114
148
1179< 120
140 lift
140
146
112 114%
130 186%
183 184%
104 iioS
lai
105% i07n
96
83
96
Deo '99
98k May'99
83
115
118
Dec'99
100
U4%
Sale
1 34
•138
Sep.'99
134
134
188
HI
87%
98k osS
127% 188
138k Dec'99
140
128
92
106
93
140
128
03
106
Mar'99
Deo '99
16
140
184
117% Dec'99
102M
106
117% 128
100
•
100
99k
9394
Oct.'99
Oct. '99
100
99% 00%
J'ne'99
Aug'99
120
180
103k Oct.'e7
I18k Nov'99
112
116%
180
USk
90% Sale
139k
109k 117k
Slev & Pltti.
Sm Penn Co.
30l Mldl'd— litg 3-3-4i. 1947
1947
1929
litg 4i
Col
A Sou
1 St
g 4s
90%
92
97"
•
t>7
J'ne'99
103
•
101
Deo'99
May'99
99
','.'.'.'.
••••••
Securities.
(MaaajTr-Com
Bid.
89
108
Preferred
FORK.
Cent Union Gaa— lat Si
Con Gai (NT)— 8tock-N
Deb 5a 1908
MAN
Bqnlt Gas
lat 6a 1899
FAA
Con. Sa 1932
MAS
Mutual Gaa
Nov'99
Nov'99
104k Aag'99
102
104%
118k J'ne'99
108k Dec'99
10396,
82
86
118k
108k
lie
lOS
82
Sale
Sale
84k
35
84
138k
Nov'99
N. Amaterdam Gas, Com.
Pref
lat oonaol 5i
§300
21
41
•
63%
72k Dec '99
63
73
80
70
79k
1»1
A
H Val. Su
Conn A Term.
Hock
8e»
02
Sale
78
33k
i
87
187%
128
62
40
184%
80
M
00
70
78
164
Val.
NAW
JAJ
108
111
JAJ
Consol 58 1945
110
Nor Cn lat Sa 1937. .MAN
Standard Gaa Common.
118
Do preferred
102%
118
MAN
lit 5s 1930
107
94
109
96
lat 5e
1944
—
BROOKLYN.
eDae
PAQm).—&AS SEGURITIEb,
Aik.
89
103
321
23
43
89
iSl
108% 108%
106% 106%
184kJ'ne'09
•
88
17
186% 188%
108k Feb '99
•10694 108k 106k Nov'99
* 9th A V. S«« Met St Ry.
lolum A Greenv. See 80 Ry.
YStk Bxon
106
116
{101
»115
82
11
27
J'ly *99
132
8T
100
noik 102%
00
88
07
97
Oas Securities.
N Y Blec Lt Ht A Pow 48.
Gold 58
N T A Bast River Gas—
Aak.
81
00
•••«• ••••r
••••••
83
06
83
95
Jol
(Given at poot of 7 ooitsboutivb
tYoroester
87W 08
0S8 07
00l2 108%
16
94
tBondsdneJolr. tDueNov. lDueJune.1Due Jan. IDueMAT* aOptionfalMu bDueAng.
NEW
?1
1191
161k 178
167
1989 J-JJ
1910 J-D '116
1 St consol 68
1913 J-D •118k
Chic & Northw— Con 78. 1916
F 140
1908 ?. D '106
Gold 78
Col
Gas
10!
Registered
M
134
14%
98
104
172k Sep.'«9
171k Nov'99
.
136
Dec 9w
113^ Dec'9H
103« Nov'98
Ask.
110
J-JS
1989 Q-J5
1 989
lstg68...1921
Convertible deb 5s.. 1907
Ext&Impsf g 58...1929
Mich Dlv Istgold 6s 1924
Ashland Dlv l8tg68 1925
Incomes
.,..1911
86
eS9i Chic Rock I & Pac 6«.... 1917
1917
Registered
93
96
1988
General gold 4b
188
Registered
1988
116K
Des M & Ft D Ist 48. 1 905
86 100^
1905
iBtaks
9794 979*
Extension 48
1905
80
Eeok&DesM Ist Ss.. 1928
44H
9
15
1928
Small
4« 7k Chlo & St L .sve Atch T & S F.
Chic St L & N O. See 111 Cent.
Chic St L & PittB. Se«PaCf.
102 108
Chic St P M A O con 6s. .1 93o J -D
ChStPA Min 1st 68.. 1918 *I-N
109k 112
Nor Wisconsin 1st 68..1 930 J-J
118k 112k
113^ 188k
St P & S City Ist g 68. 1 91 A-O
U8kl21k Chic Ter Transfer g 4b. .1947 J-J
98 108k Cb & WestI Istsf g6s.. 1919 M-N
S794 102
932 !-D
General gold 6s
Chic i&West Mich Ry 58.1981
114 116k
1921
Coupons off.
1 905 A-O
Cln H & D con 8 1 78
1937 J-J
8d gold 4k8
Cln D & I Ist go g 58. 194 M-N
114k 119k
CIStL&C. SwCCC&StL.
118k 123
113
181
Cln 8 & C. Se<! C C C & St L.
116k 1181^ City 4 8 Ry Bait iBtg Sb 922 J-D
9094 9794 Clearfield 4 Mah. £le«BR&P.
98% 97% ClAk&Ceq&2dg68.. 1930
108 108
StL— Geng48 1993
100 100
Cairo Dlv ist gold 4s. 1939
8tLDlvl8tcoltrg4a 1990
101
1990
Regiatered
101k
Spr&Col Dlv Istg 48.194C
100k 104
108 11094
Val Div Istg 48. 194t
DlT litg 4i.l991
10394 107k
Oln
106% 106%
Istg 4i.l936
OlB I St
193<*
Beglatered
113 117«|
C I St L & C cons 8i. .1920
100
105
litg 6i.l928
Om S * CI oon
lit pf 7i..l900
IndBIA
109k 113
lit pf 5i.. .1938
Ind Si
186k 151k
lOU
PeoA Eaat lit oon 4i. 1940
104k
1990
Income 4i.
1911
11696 1189t
Conaol 7i
107
C C «J & 1 consol • f 7i.l914
103k
lOlH 105
-*en oonaol gold 61.. 1934
1984
100
105
Beglitered
106
106
& I7i.l901
0*8 lit C
1933
10694 113%
1 Lor & Wh oon lit Sb
lllJi uik llev * Marietta. See Pa RR.
120 124
Hav & Mahon Val g Si.. 1938
1938
Registered
113k 116k
136
110
94
4a
Dn'd TrAElec(Prov)-St'k
41
Deo '99
and asked thli week.
110
90
100^
Sep.'99
102
100
105
M-N
M-S
Bid.
. .
1.
Low. Hi
%g^
171k Dec'99
137
•
W
W
Dec'99
1329gNov'9y
118«
Ask. Low, High. No.
100
100
116 115 Deo '99
J -J 119
WW
W AM
LAC
J'ne'99
103*< Oct.'9H
106% Feb '99
lis
J-J
J-J
J-J *162
J-J •168
J-J •16a
J-J •162
J-J •16?
J-J •118
J-J M17k
CCC&
Dec'99
Dec'99
May'98
95H
lOlX Apr'99
100
109
Bid.
since
Jan.
1
108
i03k 103
OUTSIDE SECURITIES
Railway.
SO
J'ne'99
93^
94m
97M Aag'99
Last Sale.
Range
B. 1 989 J-JS
.
-.
Registered
Chic & Ind C Ry Ist Ss 193e J -J
Chicago & Erie. See Erie.
Chic Ind & Louisville—
lionlsvN A&Ch Ist 68.. '10 J-J
Koohester Ry
ConSs 1930
AAO
2d 58 1938
JAD
Po Side Bl (Chic)- Stock.
ByracuieRap.Tr.. Ss, 1946
Cfnlon Trac (Chio) Com.
Preferred
United Rys (St L)—Com.
Preferred
115
Dec. 22.
1
Dec'99
119
lis
117
Sale
A-O 112
A-O '104
F-A
M-S
* No price Ftlday; Uteat bid
Oct.'99
lin^ Deo*99
J -J
J-D
J-D
A-O
1937 M-N
1937 M-N
5s
33
114^ Dec'99
110
M-N 115
M-N "94"
M-8
M-8
1907
1934
Small
Dec '98
Sale
.
192';
11
J'ly'98
J'ne'^9
8ep.'99
108
110
Southwestern Dlv 48. .1921
Chic & Iowa Div58....190: F-A
192^ .M-N
Netraska Bxten 4b.
Registered
"V'j
Nov'9w
6
A-OT •lis
I
9H
9
828
Oct.'99
34
95
96
J-J
M-8
M-S •100
M-N
K-A 100
M-N 1(0
A-O
1903 J-J
1901 A-O
1913 M-N •109J<
1903 M-S •120
Convertible 5s
Illinois Div g 3H8 .. 19414
ReglBtnred
194t
Iowa Div sink fd Ss ...1919
1919
4b
1922
Denv Div 48
30
10
9
Craig Valley l8tg 6b.. 1940
Warm Spr Val 1 st g Ss 1 94 i
EllzLexft BSgUg 58.1902
Chic & Alton sink fd 68..190H
Lou & Mo RiT iBt 78 1900
1900
ad 78
MlssHlv B Istsf g 68..1912
.
89
86
97«
A-O-t
J -J
106
lllH
106H112
85
86
117^
Week
Range or
1910
1910
. .
l-J 117H
M-K
J-J
J-J
J-J
HI
IIOHIIO^
93 Nov'90
118HOct.'99
M-N 107«
M-N
Q-Jt
Q-m;
111
Nov'99
100
.
CRlaF&N. SeeBCR&N.
Oon 'OSk
9494
104>fi 1081^
1
laeu Nov'9P
103 Apr '97
135
Carb & Shawn. See 111 Cen.
Car C^ent. See Seab & Roan.
Carthage* Ad. SeeNYC&H.
ox.
104H
116
117>^
129
108
J-D 106
A-O •114
A-O
J-D
M
CRXF&NWl8tg58.1921 A-O
Canada South 1 st Ss. 1 90f- J -J 107
1918 M-S •lOd
8d5s
1918 M-S
Registered
Wait Chicago
115^
Prite
Friday,
Vf
.1910 J -J
.
190e
1934
1934
Registered
& St L Istgug 78.... 1927
Btreet
108
Nov'99
116
Bur C K & N iBt 5b
Conlst&coltrgSs
l8tcong8s
Gen con Ist
108^
107H 108>^
01 & Mah Istgug 58.. .1943 J -J
Buff & Southwest. See Erie,
Buff&Susq lstgold58..1»18 A-O
1918 A-O
Registered
Cen Branch U P
Gen gold 3k8 series
[Vol. LXIX.
1.
J-J •UOk
Chic & Pac Dlv es!
J-J •1191^
Chlc&PW Istg 58... 1921 J-J •116
Chic & Mo Rlv Div Ss. 1926 J-J ••.8C94
Mineral Point Dlv 5s.. 1910 J-J Milk
Chlc&LSu Dlv g 58.. 1921 J-J •119%....
Wis&Mlnn DIvg S8..1921 J-J •119^
Terminal gold Ss
1914 J-J
Far & Sou assu g 68
1984 J-J
Cont sink fund 58
1916 J -J
Dak&GtSogSs
1916 J-J
MIl&NolstM L
See Erie.
.
78..
Ss
Registered
J-J
193"; M-8
BuffR&PgengSs
1947 J-J
Debenture 68
Roch& Pitts Istg 68.. 1921 F-A
1922 J-D
Consol l8t6
Y&
108^ 118
111 J'ne'99
107J^ J'ly'98
M
Bklyn Un Ei Istg 4-5sl950
Bklyn & Montauk. See L Isl.
Bruns & West 1st g 48. .. 1 938
1st I &
Exten 7s
1908
Ist Southwest Dlv 68..190M
Ist La Crosse & D 5s.. 1919
1st So Minn Div 6s.... 1910
Registered
See Illinois Cent..
K & 'I'.
Boonev Bridge. See
Bway & 7th Av. See Met S Rj
1945
Bklyn Rap Tr g 58
A-O
BkCltylstcon 8s.l916.'41 J-J
BkQCo4Scongug5B..'4] M-N
1903
lBtC&M78
& St P con 78.1905
D
Chic Mil
Gen gold 4b series A.
FA
Buff N
ref g 5s... 1947
Refunding g Os
1947
Chic Milwaukee & St Paul—
& St P— 1st 7s $ g R D.'02
1st 78 £ gold RD.... 1902
. . ! !
1925 J - J
1948 A-O-t
Gold 4b
1948 A-Ot
Registered
eouthwDiv l8tg3>^B.1925 J -J
1925 I -J
Reglctt-r d
1990 A-O
WVa&PlstgSs
Monon Ulv l8tgug58.191t
Cen Ohio Rlstog4i^8l930 M-S
Plt'ts&Con l8tg48...1946 J-J
Beech Creek. See N Y C * H.
& Car.
Chl & L(Coa)
IstHast&D Dlv
110
.
Registered
Bel
N.Y.
M
Allegheny VaL See Penn Co.
Am Dock &
Page
(5 pages)
Range
Week't
Prite
Friday,
F.Y.STOCK EXCHANGE
prices
Bid.
105
185
116
Brooklyn Un Gas- N Y St ook B
lit oon 58— N Y Stock Bxoh.
Williamsburg Gas— Ist 6a iioo
Oas
State
dtc.
Bid.
8ecurltlf<i«.
OTHER CITIB8.
Baltimore Conaolldat— Se
Bay
April*
Gaa—
«
Aik
Bait List
1« ,*«
Beaton UnltedGaa Bonda- -Boito nLiit
8
6
107k Buffalo City Gaa— Stook.
75
i 78
lat 5s Bonds
117
ahloago Gaa— S«« N Y Sto Ok Ex on.
108
Oloero Gaa Co lat 6a
106
Cincinnati Gas A Coke.
zoh.
.
{And
Interest
tPrlce|i»»r ih
nfi
Dec.
THE CHRONICLE-BOND
1899]
23,
Conn
ft
Pm RlTi lit
Week's
g 4s. '43
Oak&OtSo. SMCMftStP.
allM & Waco. Ste M KJtT.
DtlLaok & Western 7t.. 1907 M-8
Btt Blng ft N T 1st 7S.1900 A-O
Last Sale.
186
W
141
140
138
23
Oct.'9h
J'ly'99
Sep.'99
108>i J'ne'99
108
Im
rle
B
&
See
C
ft
12 OH
Apr '99
123
116
lis
J'ne'99
120H 180M
Dec'99
132
116
118
164
141
Sep.'99
160^ 154
May'98
93
Jan.'e9
107M 108
68
106
69
Dec '09
108
Noy'99
112
'
loOM
1st onres.1913 J
Dec
seees
100
'87'
rJkTH
lit general gold Ss...,1049
1033
MtTemonfites
Bna CoBr'oh lstg6«..10S0
rftlndlftoongng 6s.. 1036
VargoftSo. SMObMftStP..
FUnt ft Pere M g 6s. . ..1030
A-O
M-N
A-O
J-J
1st oonaol gold 6s....lOSe
Pt Huron DlT 1st g 6S.10S9
na Oen ft Pen 1st g 6i. .1018
lit land gr ext gold 6s. 1 030 J -J
1943 J -J
Oonaol gold 6s
Bge. See StLftSF.
It B ft y
Port Bt U D (% Istg 4>isl941
rt
ft D 0— 1st g 4^s.l081
ft Bio ar 1st « 3'4s.l038
8 A. Se« S P Co.
Gal Har ftot '83 1st 5S.1913 A-O
al HftH
«a ft Ala By Ist pf g 58.1945 A-O
1945 J-JT
Ist oonsol g 5s
Cte Car ft No 1st gn g Ss.l929 J -J
Paclfl& See So Ry.
Seorgla
OUa V G ft Nor. See So Pac Co.
Orand Bap ft Ind. See Pa Co.
Gray's Pt Term Sec 8t L
Se,OBftQ
ft St J.
onsatonlo. See NYNHftH.
Hook Val 1st con g 4^8.1999 J-J
B
140
26
88
98
67
107
106
96
106
103H
100
77
UIH
J'ly'OO
•••!••
Sale
Deo '09
Nov'99
103
101
Mar '90
100
101
PtW
100
58
110
101
Dec '00
105
106
Ang'OO
101
May'OO
68
60
87H
lOOH
100
1999
Registered
V Ist ext 8 48. 1948
Col ft
T 1st g 58.1933
B ft
Honst
Hons ft Tez Cen. See So P Co.
H
W
NFlaftSl8tgng6s ..1037
•No price Friday
J
90
•118H.
'113^
•104^
•104H
Bid.
Prer
Bonds Ss
111«
City)— 8tk
MftN
lit 6s
J^
N Y Bxo
Hadson Gas
Dec'99
07H 104H
J'ly'99
107M
106
Nov'99
103HApr.'9»
35
.1087
Dec'09
101
100
107
100
Mar98
107
Ask.
64^
106
40
(Given at foot op
Gae
Fort
Roiristered
Met
S El. See "Unhstpd."
W
45
65
106
106
JjfcJ
Indiana Natft lU
1st 6s 1908
Gas— Stk
MftN
—Stock.
Indianapolis Gaa
1st 68 1920
MftN
Laclede Gaa— N Y Stock
Lafayette (Ind) Gas— Stk
1st 6i 1934
MftN
»i
60
12 107
Sale
176
60
?4M
22»
65
117
58|li
7B
116M ISIM
lOsS 115
Dec'99
100
01
hi
n-B
M-8
g-O
M-B
M-e
03
A-O
F-A
M-N
M-8
F-A
J-J
M-N
M-8
106
105^
107H
I'lM
lOOH
118W
lOOW
lUVi
06
Nov'99
108M Nov'99
lllH Dec'99
109H Oct.'99
103H Nov'99
1089i
110
08
93
97
97
00
05
86
05
00
Feb '00
91>i
Sep.'OO
OOM lOlM
89
Nov'OO
33
134H J'ly'OO
88
08
lOlH
120
06
08
101
04"
05
u%
101
Dec '90
Nov'OO
88
ia«M
ioi'*
101
101
87H 87«
87H Nov'99
100
107
100
107
Jan.'99
Jan.'00
i'lo"
100
107
»*%**
...••a ••••«•
100
06
ioo)<
58
7M Deo'OO
•106
looM
50
6
tO0)i Apr'OO
68H 58
78
10
lOB
•••• ••••<
Dec '90
131«
•
NOT'07
181
J'ly'se
i8eM is^M
117^ 18t
111
Dec'99
111
126
108
06
113
106
184
66
108
33
85
118
111
I
9
OOM
Sale
96
111
100)i
101
tl4M
10C)4 110
09
OS
98M
OS
114
I13M
Mar'98
114
101)4
56
116
14
1319i
lOOM 102M
8ep.'99
52 114
42 ISO
120
114
120
182
130
04M
01
Jan.'08
Oct.'00
102X
123)4 Dec'99
Sale
120"
Sale
OTK
107H 108«
106M llOM
109
e7K Nov'09
100
08
134
108
106M 109V
105H 110)
lOSM 106H
107M Nov'OO
108
F-A
J-D
J-D
M-8
M-8
M-8
M-8
Oct.'99
06
111
07
114
Dec '99
oe«
106
J-J
M-N
J-D
J-J
134
61
108
Dec'99
109« Oct.'99
108H Dec '99
08« 08
08H
Sale
114
116M 181
107 100«
115H Dec'99
lOOH Nov'9tf
Bid. Ask.
Gaa 8ecnrltle8.
45
Loganspt ft Wab Val— Stk
40
1st 6a 1923
60
65
JftD
84
Madison (WU) Gas— Btck
75
1st 6s 1926
AftO {107 111
45
40
Ohio & Indiana— Btook.
60
66
Ist 6s 1926
JftD
Peoples 6a8 ft Coke— N Y Stock Bzoh
Philadelphia Co— See Bos ton L ist.
40
43
St Joseph (Mo)
96
Ss 1937
JftJ ) 94
68
St Paul Gas— Stock
86
Con8olS8l944....MftS i
13
Syracuse Gat— Stock
18
Ask.
40
60
100
il04
t 43
40
60
100
103
Bxch.
40
60
1915
FftA
Hartford (Ct) Gas L... 25
104M 108
110 18e«
Dec '99
Deo '90
Dec'99
63« Nov'99
107
llOH
110
oonsbcutivb pages).— fif^^S^
Bid.
Ist 5s
121
102^100
107
ISO
91
120
7
Securltlee.
1st 6s 1925
104
118X
120
184
186)^
12SM 127
126" is-Hi
122"'
Augnsu tDueAprlL IDneJannary. IDueOstober. IDneJnly. aOptlonal.
Wayne (Ind)— Sto Jk
Grand Rapids— Stock
.
LexAvftPFl8tgug58.'93
104H 104H
100
.1934
W Ooloniz g Ss.6s.l913
Market St C Ry let g
IfeK'ptftBy. SeePMcKftY
Metropolitan Bl. See Man Ry.
U«t St Ry gen tr g 5s.. 1997
Bwayft7thAvlstog 58.1943
1943
Registered
Oolft OthAv 1 St gn g 58. 1 093
1993
Registered
11 5M
ibsii i'o7ji
104M Jan.'99
101
105
§'.04
h. list.
.
MetropolBl I8tg6s...l908
1899
BdOs
107)4
these are latest bid and asked thU week. tBonda due
Securltlen.
Detroit a.<u— See
98M 103H
105H
11214 N0T'9H
100
H
(J
113H
108
100
Otty
ft L (F scona; 5s. { 98
B6
60
Col Gas L ft Heat— Com..
Preferred...
80
86
Ist 5s 1933
JftJ jlOO
106
21
23
Uonsoild Gas{NJ)— Stob
lit 5s lObt)
85
87
JftJ
Oonsol Gas (Pitts)
30)i 81
Oonsnm Gaa
lOOH 107
07>< J'ly'OO
101
OUTSIDE SECURITIES
Gae
989^
Sale
106)<
131
104
J'ly'99
)45
lOO
104)|(
8ep.'99
iNov'98
100
LonUByColstcon g5s.l930 J-J
jl abon Coal. See L B ft M S.
VI anhattan Ry con 4s. 1990 A-O lOIMSale
99
tCan B
1951 J1951 J Registered
1051 J-J
1st gold 3^8
1951 J-J
Registered
let gold 38 sterling..,. 1951 M-8
1951 M-8
Registered
1952 A-O
OoU Trust gold 4s
1953 A-O
Registered
L N O ft Tez gold 4s 1963 M-N
1953 M-N
Registered
4i.
LNAftC. SeeOIftL.
Sale
91
J -J
1080 J -J
LftNftMftMlstg 4><8.194S
108
Kentucky Cent g
09
108
95
135
100
Feb'On
«0
er .....1030
LOlnftLrag 4^1. ...1081
L ft Jeff Bge Co gng4i.l045
J-J
A-O
M-N
Illinois Centralist 00 d 48
1011
Coltr6-80g4s ....1003-18
PensftAtl 1st gug 68.1021
1031
OoUtrustgSs
99H 106M
Deo '08
1st g 6s. 1011
H
3W
Han
Dec'9&
Dec'99
Apr'OO
104
137M
iso" iasji
M-N
ft Naih Istg «... 1010 J-D
General gold Os
1080 J-D
Pansaoola dlv gold 61.1030 M-8
1031 M-S
BtL dlv Istg 6s.
1080 M-S
3dgSs
1000 J-J
Naah*Deolst7s
Btnkfd(SftA)g «s....iei0 A-O
Bft N A oongug 6S....10S6 F-A
1087 M-N
Gold 68
1040 J.J
Onlfledg4s
1040 J -J
RegUtered
Mar'08
71
Mon
Sdgoldfli
103
105
68
00
ft
NOftMlitg
lOOM 107
OOMBale
131
104
J-J
General gold 4i. ..... ..1048
Lot lev llle ft Nashville—
1007
Oeoel Br 7i
117>< 134
1U4
180
103
106
130
101
1997
1st gng4Wi.. 1040
Nor Shb Istoon g gu5i..'88
La ft Mo Rlv. See Oht ft Alt.
L B ft St L Con on g 6s Tr eerta
1089i
100
•100
W
06
106)i Ang'OO
W
Ist 58
•»•••• •••••
•••••• •••••
08
NT
Bklyn
131M 137
48 lOO^i 107M
120
08
May'99
P.
M-8
J-D
J-D
M-8
NYftRBlitg6i....l037 M-8
N YBftMB cong5s..l035 A-O
08H 108M
116^ 123
Deo '00
102M
100
ft
General gold 4i
1038
Ferry 1st gold 4><b.,., 1033
Gold 4s
1083
Debenture gold 6a. .... 1 084
Otlfledg 4s
1949
NoT'07
103M
100
65
Lex Av ft P F. See Met St Ry.
34
L RftMlstg6sl037Trotfs.
Long Dock. See Brie.
Long Isl'd— 1st con g 68.1031 Q-Ji 130
100
Istoong 4s
1031
113h
66
69
lO's^ Deo'''99
116J6 Dec'99
Bale
183
96
lOOk
124
186
100
.
06
65
187
94
106U
101« 108JJ
OOH
Ohio. See So Ry.
1040 J-J
Leh y Ter Ry Istgn g 6il041 A-O
Registered
1041 A-O
L y Coal Co lit gn g 6i. 1083 J-J
Registered
1033 J -J
Leh ft N T 1st gn g 4i. ..1045 M-8
Registered
1045 M-8
Bl C ft N Ist s lstp(6i.l014 A-O
Goldgnarfis
1014 A O
Leh ft Hud R. See Cen or N J.
i,eh ft Wilkeeb. See Cent NJ.
Leroy ft Caney Vau See Mo P.
••see •••••
•••«• ••••
Nov'99
08M Ang'wS
05 Nov'09
103
0SM
133
96
09
Registered
111X116X
00
ft
Registered 5s
Leh y
106
111
•102
93X lOBM
81
.
140
106
'99
»3M May'99
seeeee ••••!
eeii Dec '09
114H 116 Nov'OP
lOSMDeo'OO
103X
LSftMS. SeeNT Cent.
103
Leh Val (Pa) ooUg6s..l007 M-N
104 Ang'08
189« 141^
Oct.'08
67
lliM
101)4 Oct.'99
Sale
Iitg6s.l937 J -J
LakelBrleft
8d gold 6s.
1941 J-J
North Ohio 1st gu 6s. 1946 A-O
I8em465(
esss
88
63
110
'
ICnoxTllle
106H lOOH
114X
•••••
•••••
105
F-A
J-J
A-O XOiH
A-O
A-O eSH
J-J
Birekabprlngs Istg 6s. 1933
1st onAa..... 1031
ft Pao.
See M K ft 1
KansaaMld. SeeStLftSt
Kentucky Cent. See L ft N.
110M116«
16^ 131
8ep.'99
Feb '99
116« 114M
-J
.
MMiftLSap. SMOftNW,
106
ioiii 127
i'oo"
Kan G
II4K183M
Deo '98
•••e
77
113
I15H 121
Deo'99
106
Sale
lOiMlIl
oct.'eo
143
143
140
104
•••••• •••••#
llOM 110
114HNOT'00
IISM NoT'flO
llOX Nov'99
116^ Nov'99
106^ Apr'99
•••••• ••«••
•••••• .ease
1.
See Erie.
KeokftDeiM. SeeORI
Deo'99
'13VH 142M 140
RR.
See 1. 8
Kal A ft G R. See Tol ft M 8.
an ft Mich.
ft O C.
K C ft MRftB l8tgng68.1929 A-O
KCPftG Istftoolg 58.192 A-O
93M rab.'99
133
1091^ Dec'09
W
Apr '00
77
Jan.
Ask. Low. High. No. Low. High
. .
03
00
H8H
116
W—
Bssez
138
117M
117H
Nov'99
Dec'99
109
areenL<gag5s.l946 M-N
1946 M-N
Small
rle Istoong 4s pr bds.1996 J -J
1996 J -J
Registered
Isteon genUeng is.. ..1996 J -J
1996 J-J
BegUtered
1st rer 6s. 1937 J -J
h T 8 ft
1937 F-A
Sdgoldi^s
1940 F-A
General g 6s
Terminal 1st g 5s.. .1943 M-N
RegU •6,000 eaoh. 1943 M-N
WUkftBaalstgn g6sl943 J-D
Mid RRofNJ fstgOslOlO A-O
NT
Deo '99
148
1009^ 100
97
104
107« 113T
103M 100^
76
M-N
M-8
M-S
A-O
5s.
Imp
Aug'98
145
97
108
106
J-D
M-8
M-8
A-O
BnirN T ft Krle 1st 7s.l916 J-D
a W gold es....l908 J-J
Buff ft
190 8 J-J
Small
Jeff RR 1st ga gold 6s. 1909 A-Ol
Obloft Krle Istg 5s... 1983 M-N
Goal ft RR 1st go 6s.l922 M-N
ft
ft
108H 108^
O.
1919
1923
Id ext gold 4Ms
19S0
ithextgold 6
1928
4s
etbextgold
lit oonsol gold 7s. ...1930
Istoonsolgold fd 7s.. 1930
IiOngDookoongoId 6S.19S6
Dook
132
J-D
No. See LehftNY.
1947
1st ext g 4s
Bdextgold
148K
Dec'99
May'97
148
143
since
!i
.
138
117
108
Bale
Week's
.
W
ft
Cort ft
106>4 111
141
146^
N0T'e9
Last Sale.
niUnols Central (Con)
Western Line Istg 4s. 1051 F-A 100
Registered
1951 F-A
Louis vUle Dlv g 3^8 .1953 J-J lOOH
Registered
1953 J-J
St Louis Div g 38
1951 J-J
Registered
1951 J-J
Gold 3^8
1951
J
99>i
Registered
1951 J-J
Cairo Bridge gold 4s. 1950 J-D 102
RegUtered
1950 J-D
Middle Dlv reg 6s
1921 F-A
Spring Div 1st g 3^8. 1951 J -J
Registered
1961 J -J
Cblc St L ft N O g 6i. 1951 J-D
RegUtered
1951 J-U
Gold 3^8
1951 J-D
Registered
1951 J-D
Mem Dlv l8tg4s.., .1951 J-D
Registered
1951 T-D
BeUevftCar lstes....l92S J-D •118
98
St L Sou 1st gu g 4s.
1 931 M-S
CarbftSlstg 48
98
1932 M-8
Ind Bl ft W. See C C C ft 8t L.
Ind Deo ft
Istg 5s... .1035 .1 - J 100
Ist guarig 58
1935 J-J
Ind lUft lalstref g6s..l948 A-O 106
Int ft at No lit gold 6s. 1919 M-N K8«
88
3d gold 5i.
1009 M-8
3d gold 4s.
1021 M.8
Iowa Central l8tgold58.1938 J-D 108
Iowa Midland. See Cb ft N W.
186^
184H 1849^
I37M 144
106MDeo'P9
Dec. 22.
Hangt
Range or
Bid.
Jefferson
M-N
1995 J-D
aold 4s
Dal ft Iron Range 1st 6s. 1937 A-O
1937 A-O
Kegiatered
td lien mortgage 6s. .. 1916 J -J
ft 1 1st g 5s. 1928 J -J
Dnl Red
•nl Bo Shore ft At g 5s. 1937 J -J
Minn. 8««atPMftM.
EMtof
aatTYaftOa. See.SoRy.
BlglnJolftB Istg 58... 1041 M-N
111 Lex
1.
1287
2.
Price
Friday,
BONDS.
si
STOCK EXCHANGE
Week Endikg Dec. 22.-
104
97^
litoonK4Hs
BetMftToU SeeLSftMSo
DetftMaok lstUeng4t.l99S
Page
N.Y.
136>4
1849^ Aug'9U
13>«H Nov'99
107 dep.'wo
101?< Dec'99
.
1936
Improyement gold 5s. 1928
»et M ft Ft D. See C R ft 1 P.
iMftMtnn. SeeChftMW.
iHUnRy Istg 6s... 1917
Jan.
126^ J'ne'99
ft Bssez 1st 7s. 1914 M-N
1800 J -J •101
1871-1901 A-O
7s
1915 J-D •137
140
Istoongnar 7s
1915 J-D
Beglstered
1st 6s.. 1921 J -J •135" I'ss"
JIT Lack ft
1923 F-A
Oonstmotlon Ss
1923 M-N
Term ft impt 4s
1900 A-O
Warren 8d 7s
I>«Iaware& Sadson—
1917 M-S
IstPa DIt7s
148H
1917 M-8
B«Klst«red
131
An>ft8islstoonga7sl906 A-O
1906 A-O
Bflfflstered
1906 A-O •113
Oold 6s
1906 A-O
B«(rlstered
1921 M-N
K«ns ft Bar lst7s
1921 M-N
Registered
Del BIT BB Bge. See Pa RR.
Den Con Tr Co Istg 5s. .1933
Morris
7s
Den Tram Cooong 6s. 19 10
Met By Co 1st gn g 6s.l91
Dtn ft ROr 1st gold 7s. 1900
1936
lstoong4s
since
(5 pages)
Ask. Low. High. No. Low. High
Bid,
A-O
Range
Range or
Price
Friday,
Dec. 22
BONDS.
N.Y. STOCK EXCHANGE
Week Ending Dec. 2*2
PRICES
• • • • 1
45
65
106
106
45
65
SECURITIES, Jc
Gaa
Bid.
8ecurltleii.
Syr'seQaB— 1st Ss '46.JftJ
Western Gaa (Milw)
6s— See
NY
Teleff. Sc
St
Bx
84
103
Ask.
86
106
list.
Teleph.
tmerloan DIst Tele— NY Stock Bxoh
175
BeU Teleph. of Buffalo.
jentrai & Sonth Amer.. .. 111
113
60
Ohes ft Poto Teleph— Stk
64
104
Bond Ss
Commercial Cable
108H
Oommer Union Tei (NT). 114
.
{And
Interest. tPrloe per sh are
THE CHRONICLE -BOND
128S
Week's
Range
Range or
since
FtHce
BONDS.
Friday,
Dec. 22.
N.Y. STOCK EXCH ANG E -St
Week Ending Dec. 22.
Vex Oentooc gold 4i... 1911 J-J
Income g8i...l939
Sd con Inoome g 3i,,.,19yt
1st oon
J'lyt
.
Bid.
Ask. Low. High.
77iiDeo'99
"iS^Sale
8
1
Sqnlp&eollg 9*
A-0
Mtx Intematltt oon e 4i.'77 M-S
Jan.
Last Sale.
Sale
No
8
68H 78J< N Y Cent— L 8 & M
OonsolSdVs.
16^ 29H
8
14«
Registered
9
N Y Cent.
SMSYSnaAYI
IIUKlRy&L30-7TgSs.l926 F-A
M L 8 & W. S«e Chic & N W
Mil & Mad. See Chlo & N W
MU& North. SeeChM&StP
MU A St P. See Ch M & St P
MlD & 8t L gu. See B C K & N
Mini. & 8t L— iBt g 7s
1927 J-D
Iowa ex 1st gold 7t. 1909 J-D
BonthWestex l8tg7s.'10 J-D
Paolflo exlstgoldes.1921 A-O
1st oons gold 5s
19b.i M-N
Ist and refund. 48,... 1949 M-S
M A P l8t 5s St 4s Int gu..'se J -J
M B8M&A Ist g 4s int ga '36 J -J
MBtP&SSMooug4Blntga'38 J-J
Minn 8t By 1st con g 5s. 1919 J -J
Minn Un. See St P M & M.
Mo Kan & Tex— Istg 4g. 1990 J-D
Sd gold 4s
1990 F-AII
ist exten gold 5s
1944 M-N
MK&Tof Tlstgag5s.'42 M-8
KO&Pac Istg 4a. ...1990 F-A
Dal&Wa Istgag5s.l940 M-N
Boonev BdgOogng7s..'06 M-N
Tebo& Neosho 1st 7s. 1903 J-D
MoK«Blstgag 5s... 1942 A-O
Mo Pao— 1st oon g es...l920 M-N
8d7s
190U M-N
Mioh Cent.
Mid of N J.
86^
86>i Sale
aisx Nat l«t gold 6i
1927 J-D
•d IBO 6s A Cp stmpd. 1917 M-S*
Sd Inoome gold 6s B..1917 An.*
Hex North 1st gold 6s.. 1910 J-D
1917 M-S1
1917 M-8t
192U F-A
1920 F-A
Registered
litooIlgoldSs
Registered
100
Apr '99
14
14
Oct.'99
108
108
106
Apr'99
150
131
137
138
J'ly'99
Jan.'99
m
Deo '98
J-J
J-J
J-J
J-J
J-»
Q-J*
M-8
F-A
prlorlleng5s.'4S
1945
1945
Mortgage gold 4s
Small
Ohio new gold
6s. . '37
Ist extension gold 6s. 1927
0«neral gold 4s
1938
MontgomDlT Istg
1947
5s.
L & Cairo gu g 4s .1931 J -J
Mohawk & Mai. See N 7 O & H
Monongahela RIt. See B & O
Mont Cent. Se« St P M & M.
Morgan's La & T. See 8 P Co.
Bt
10
111
96
NOT'99
NashChat&StL
109
86
63^
90
90
77
Oct.'99
86
83
90
Sale
Bale
93
98
78
8«H
e7H
90
93
77J<
04
Dec '99
Deo '99
Dec '99
100% Nov'99
101
Sale
Bale
110
111
90>A Sale
101
109
114
,
102H
114
Dec '99
96}i
97
90
90
91
100%100% N Y A R B. See Long Isl.
N Y B A W. See Brie.
101
107J< N Y Tex AM. See 80 Pao Co.
70 108« 1319« Norf A West— Gen g 6s. 1931
New River 1st g 6s. ...1938
112 117
ImprvmtAext g6s...l934
23 911^ 102
COAT Is gug 5s.... 1923
Solo VAN B l8tgug48.1989
16
88
9SM
NA
110
J'ly'99
107
109
199 105
108
NoT'99
lOe
127
•115
82
105
136
136
laiM
,
Sale
J'ne'99
B^H
82
....
136
117
30
S3
4
105
1039i
129
101
1901 J-J
1928 A-O
IstesT&Pb
1917 J-J
1st dsMoMMW&Al. 1917 J -J
lit gold 6s Jasper Boh. 1923 J -J
129
101
189
Sep.'99
103^
108%
111
115
114%
lllH
Registered
1st 78
Harlem
R'WUtered
NJJunoBgn
1st 4s .1986
1986
Registered
West Shore
1998
1 998
1998
1900
1900
F-A
F-A
F-A
M-N
M-N
F-A
F-A
111
111
Dec'
113
lis
98« 98^
9f,H
111%
111%
106%
105%
130>4
133
90
lS29i
116
117%
117%
113%
113%
101% 107%
1029i
4
6
102%
10f% 113%
111% 112%
96% 103
97
96
102%
96
13
108
100
*No
111
1081^
109
J'ne'98
109
95
Bonds
sl930
. .
MAN
116
133
Aug'99
•••
t
«
117% 181%
US
100%
ISO
188
104
115
103
135
138
98%
Dec'99
117% Aug'98
101
reb'97
99
99
100
88
J'ne'99
185
ISO
Sale
96
101
1
1M% 180
133
100
83%
118
118
J'ly '99
131% 181%
131% May'99
101%
87% 98%
96% 96%
102
90
87%
95% J'ne'99
188
133
J'ly '99
100%
Sale
Sale
Bale
108% 779 100% 106M
100
6a
66
05
100
35
65% 217
100
63
70
130% Dec'99
108%
101
80
J'ly '99
107% 108%
IfS
85
74
86%
65% S2«
96
90
113 laiM
Oct.'99
108
86
66
6ep.'99
May'99
Dec'99
Deo '99
104
83
86
Ry A Nav
RR A Nav
A-O
M-N
J -J
Registered
1921 J-J
GtdSMsool trust reg. 1937 M-8
P C O A St L oon gn g 4%81940 A-O
BerlesA
Series Bgnar
1942 A-O
1942 M-N
Series Cguar
1945 M-N
Series D 48 guar
PltU Cin A St L ist 78.1900 F-A
1900 F-A
RegUtered
Pitts Ft W A O Ist 78. 1912 J-J
1912 J-J
Sd78
1913 A-O*
8d78
C BtL A P Istoong 58.1932 A-O
1932 A-O
Register^
103%
113
14 103% 110
104%
102%
104% Nov'99
108% 104%
113%Deo'99
Istsf g 4%s....l917
118% 118
113% 116%
115
103
100
Nov'99
Nov'98
115
J'ne'99
Nov'98
Dec'99
105% Apr'99
113
107
••»»•
«•••••
118
119
114
114
Nov'99
118%
104% 107
105% 107%
109% Apr '97
Nov'99
Nov'99
138% 141
140 140%
J'ne'99
Oct.'99
119% 119%
Sep.'09
J'ly'99
131
181
114
103
Oct.'99
113%
Hi
108
May'97
140
139
135
119%
A Pitts con s 1 78. 1900 M-N
1942 A-O
Series B
rte APittgug S%8 B.1940 J-J
1940 J-J
BeriesO
GrRAI exist gug4%s.l941 J-J
AUegh Val gen gu g 48.1942 M-B
NACBdgegengug4%s.'46 J-J
'•nBRR 1st real es g 48.1933 M-N
Consterllngg 6s
1905 J-J
1919
1943
gu g 4%b.1935
UNJRRACan gen 48.1944
Registered
J'ly'98
Oong 4s
01 A Mar
122% 133
128
118
1st
R RRA Bge iBtgn 4s g.'36
A Lewis
Istg 4g
i^ensaoola A At. See
lis
1936
L A Nash
i08% 106%
133
J'ly'99
138
138
'>oo
185
133
J'ne'99
103>4 Dec '90
123
103
188
"tne Creek reg gnsrOs. 1932
?lttsCln A St L. See Penn Co
" C C A St L.
See Penn Co.
*eoDeoAB
105%
181
M-N
M-N
M-8
F-A
J-J
111
136
185
10t% 108
Nov'97
li5%Feb.'99
tr rec
l8tpd..l936
M-8
98% 101
93% 99%
98%"Dec'99
97% Nov'99
20
Deo "98
98
M-N
A Bast. See C C C A Bt L
A Pek Un ist g es. .1921 Q-F
»dg4%s
Feb., 1921 M-N
110% 110%
110% Dec'99
l8tg6strreo.'20 J -J
KvansDlv l8tg68trrec.'20
3d g 6s
•103
133
90
Intematlon Ocean
Mexican Telegraph
Mexican Telephone— See
Hew Bdr Telep— See Bost
Northwestern Telegraph.
N Y A N J Telephone.
* . . .
.'•0
.
Hudson River Telephone 118
i8«
ISS
118
Ss.... 1941 M-N
A
A Mont. Se«N.Y.Cent.
OIndAW. SeeCCOAStL.
hio A Miss. See BAO 8W.
Ohio River RR 1st g 58..1936 J-D
General gold 5s
1 937 A-O
Om AStL Istg 4s
1901 J -J
Ore A Cal. See So Pao Co.
126
Bid. Ask.
-Se Triwph.
Bay amus 'i'el
76
78
rte Teleg A Telep— See 8 tckBx List
40
118
7a
119% Apr'99
Apr'99
Aug'98
106« NoT'99
1900 Q-JI
Franklin
A Stock
1
103
1931
108
Istg 5s.. 1927
Gold
Registered.
3ur
and asked
115
118
226
218
Bosto nllst.
on list
117
120
187
190
HI 114
this week.
tDueJan. tDueJuly.
(Given at foot of
Teieg. Ac Teloph.
"toiflo
A
.
Conaol Bleotrlo Storage..
Bleotrio
Mfg
7
Ask.
75
90
95 100
Btook Bxoh
Bid.
Atlantic
Providence Telephone.
Southern A Atlantic
West'n Union Teleg— N Y
Electric Companies.
Allegheny Co Light Co... 168
44
Brush Icleotrio Co
Br'dgprt (Ct) Bl Lt Co.36 t 43
Bddy
.
.
107%
101% 106%
101% Dec '99
price Friday; these are latest bid
^ ire <x
191
Sep.'99
•
Con currency 6s reg...l905 Q-MI
1919 M-S
Cong 5s
113
107
Teleg.
iL.
178
101% Noy'98
109
'
Q«ngng4%sser'8A.1942 J -J
110% 117K
108% 116%
108H
Dec '99
106
OUTSIDE SECURITIES
Hi
F-A
M-N
A-O
A-O
A-O
Olev
103% 108
101%
MY&Putlstoongug4a.'93 A-O
Registered
not.'«7
Nov'99
117%8ep.'99
113 J'ly'99
129
J -J
W
M-N
A-O
Lake Shore & Mloh South—
Det Mon & Tol lat 7sl906 F-A
Lake Shore con lst7s 1900 J-J
104% 108
103% 106%
104%
See Un Pao
See Un Pao
See Un Pao
Oswego A Rome. See N Y C
O O F A Bt P. See C A N
May'97
HI
128"
2d gug 5s. .1915 F-AS
Ctlca & Blk Rly gu g 4s. '22 J-J
Moh&Mal Istgn g4s.l991 M-8
Oart & Ad 1st gu g 4s. 1981 J-D
N Y&North
18
105%
Dec'99
189
186
1S3
8tPANPgeng6s...l933
101
1081^ Ore
Ore
11:
108% 105
\Q\H
103
g5s.'42 J-D
AOgoon lstext5a.'22 A-O*
& Mont 1st gu g 5s.'16 A-O
1
139
187
Jan.'98
5%
1(
8f8Ubsldyg68
1910
Penn Co gu Istg 4%8... 1921
Aug'99
101^
Gout &Oswelstgu
.
IDS
189
137
Nov'99
Dec '99
104%
106
QenlstRRALa8fge8.'21
Panama
Dec '99
96
104
•101
•101
•103
112
J -J •111
Registered
2361 J -J •llOJ^ 111
Beeoh Crk Istgn g 4s. 1936 J-J
Registered
1936 J-J
Sdgugold 5
1936 J-J
Registered
1936 J-J
Olearfleld Bitnm Coal Corp
Istsf lutgug 4sserA.'40 J -J
Small bonds series B. .'40 J -J
OsweA R
108
M-N
A-O
Pao OoastCo—lstg5s. 1946 J-D
aoof Missouri. See Mo Pao
97>^Dec'99
Ist 4s ga. 2361
RW
Nor
R W & O T B 1st gu g 5s
103
May'99
Feb. '98
106% Feb.'98
J-D
Registered otf s
1933
Prtorllenr Algg4i..l997
Registered
1997
General Iten g 3s
3047
Registered
3047
Wash Cent Istg 48.. .1948
Nor Pao Ter Co Ist g 68.1933
. .
.
103
132
129
137
Ore Short Line
& Shef. Se«L&N
Registered
117%
11194 116%
106
118%
106
111
132% 188%
107% 113%
122% Nov'99
108 Deo '99
Nor
Nor
MawH&D. SeeNYNH&H
H J Juno RR. See N Y Cent.
Mew&ClnBdge. SeePennOo
N O&NB prior lien g 6s. 1915 A-Ot
N Y Bkln & Man Bh. See L I.
M Y Cent & H R— 1st 78. 1 90S J -J IISM
113?iDec'99
Registered
1903 J -J •112 113 lllH Oct.'99
Debenture 5iof .1884-1904 M-8 106
....
106i^Dec'99
Registered .... 1 884-1 904 M-8 105^
1061^ Dec '99
Reg deb 5s of .1889-1904 M-8 1C5)^
109^ Bep.'97
Debenture g4i.. 1890-1905 J-D
103>,2 J'ne'99
Registered
1890-1905 J-D
104MFeb.'99
Debt certs ext g 4s.... 1905 M-N
102H Nov'99
Registered
1905 M-N
102^ Aug'99
1997 J-J 109^ Sale 1099i
es^s
110
Registered.
1997 J-J
118^ Apr*99
Lake Shore ool g S^s. 1998 F-A "95" Sale
97
9SH
Mloh Cent ooU g 3^8.
High
108%Deo'97
Nor Ry Cal. See Cent Paa
103^ 109M Nor Wis. See O St P MAO.
South Istg
103H
106
W Uy Istoong 48.1996
Registered
1996
BmaU
1996
North lUinols. SeeChlANW.
North Ohio. Set L Brie A W.
Northern Paolflo—
104% ^09
Nov'99
106H
Sale
19
no
1.
10
104% Dec '99
ad 6s
1st oon gold 5i
Hash Flor
lstreg4s.'03
6
109% Dec '99
1902 M-N •102
1909 M-8 118
1931 M-S
Registered
1931
4s
1940
Registered
1940 J -J
Bat 0&8t Istgn g3s. '89 J-D
N Y Chic & St L Istg 48.1937 A-O •105
Registered
1937 A-O
N Y & Greenw Lake. See Brie
N Y & Har. See N Y C 4 Hud.
N Y Lack & W. See D L 4 W
110mi6H N Y L B & W. See Brie.
NY4NB. Se«NYNH&id
96
100
110
J-J
1st 7s. '13
110
Dec '99
109
110
113
109*' Sale' 109
Convert deb oerts $1,000
A-O 182
SmaU certfs$100
Housatonlo R oon g 68.193'7 M-N
109 llOH
N H A Derby oon 5s. ..1918 M-N
44
NY&Nai8t7s
86
1905 J -J •113%,
96
353 63
Ist 6s
1905 J -J •112%
73%
10
See
83
06M N Y & North.Ref N Y O A H.
N Y O A W.
Ist g 4sl992 M-8II 103% Sale
86
96
Regis •5,000 only... 1992 M-St
76ii 83
N Y A Put. See N Y O A H.
.
Morris &B8sex. See Del LAW
Ask. Low. High. No. Low.
•110
1st oon 5s
6s
6s
NYNH&Hart
tinee
Jan.
Bid.
1903
1903
1997
1997
EA&aR lstgoSs.1938 J-J
150
135
137
13
S (Con)
.
See"Unli8t.Bd8."
MlssRlvBdgd. Se«Chio&Alt
14S
131
137
Range
Last Sale.
Mahon C'l RR 1st 5s.l934 ,f- J
Mloh Cent— 1st oon 7sl902 M-N 107
103!^ 106
Oct.'99
Range or
r\
PaoBof Molstexg4s.'38 F-A n06
Sd extended gold Ss. 1938 J-J
VerdVlA W 1st K 5s. .'26 M-8
Leror&CYAL lstg5s>2e J-J
Bt Louis & Iron MountGen oon ry Aid grtgSs '31 A-O 107
QenoonstampgtdgSs'Sl A-O
<fc
100
See
Trastg 8s
Mob
885<
8ep.'99
14
108
. .
Mob&Blrm
SmaU
84«
100
. .
Hew 4b.
"66
87
2
Week's
Friday,
Dee. 22.
5-
J-D
J-D
Gold 3%s
J-D
Registered
J-D
Oln&81stgLS&MS7s'0] A-O
<>'•
[Vol. LXIX.
3.
Price
BONDS.
STOCK EXCHANGE
Week EndinoDec. 22
N.Y.
1.
Page
(5 pages)
Low. High
90
45
•32
181.^
PKICES
Co..35 t
178
46
IDueJnne.
13
13%
15
BdlBon Bl 111 Co NY— N Y Stock Bxoh
Bdlson Bl ni Co Brk— N Y Stock Bxoh
18
10
BdisoD Ore Milling Co....
138
96
137
Companies.
Electric
Bid.
Bast Bud Ulectrlo Light.
Bteotro- Pneumatic Trans
Fort Wayne Blec. Co.. 35
General Bleotrio Ci—N V
Do pref. See Boston L
Hartford (Ct) Blec Lt Co.
—
Mo Bdlson
Do
LtAPowCo36
Bleotrio
preferred
,
Narragan. (Prov)BlCo.5C
New Hav (Ct) Bleo Lt Co
Rhode Island Blec ProOo.
Ask.
126
96
Apr'99
Dec'99
Nov'97
JDueMay. TDueNov. o These
oonsbcutive pages).— r.^Z
Hartf'd(Ct)
8
J-D
•119
• 90
180
100%
are option sales.
J ELECTRIC,
(6c
Eleetrlo Cc'"'>anles. Bid. Ask.
Tc-onto (»ji»t Bleo t Oo. 148 144
100
Tt )m H oust Welding Co.
18
18
Onii^dElecLt&. <o,ref
« 96% 97%
Bondd
Bl Co.. 106
Woonsooket (R T^
'
4c.
35
Stock
1st.
Ferry Companies.
148
t
34
66
93
196
117
90
109
80
98
118
JAJ {lis
116
Brooklyn Ferry-Stock
7
..
Bonds 58
i
Metropolitan Ferry— 6s..
IN J A N Y Ferrv— Stock.
I
1st 6s
119
I
iAna
1948
interest.
tPrtoe per eh are
Dec.
THE CHRONICLE -BOND
23, 1899.]
BONDS.
N.T. STOCK EXCHANGE
Week Ending Dec. 22.
.
.
90
116
98
101
100
100i<
•100)<
83
.
NOT'98
95
Deo '99
\0\%
98
98^ iOl
20
lOOJo
82«
51
»6H
915i
84Ji
86^ 698
89H
91
87«
J'ne'99
Noy'««
74« Dec '99
105
Uquip sins tund g 98.1909
Deb 58 stamped
1927
103)i
8894
I02H 105
-J
1929
81
A-O
86
83^ Dec'99
Virginia
Sd B is ino bond otfs. .1989
Cray's Pt Ter letgu g 58'47
It Panl City Cab. g 6s 1 937
Onaranteed gold 5s... 1937
•tPanl & Dolnth-
J -.15
!!."!!
L 80. See Illinois Cent.
tL8Wlstg48bdofs.l989 M-^
1931
1917
1968
1st 6s
Bd 6s
lit cog 4s
at'iPanl Minn
& Manitoba—
SdOs
Dakota ext gold
1909
82^
51^
J-D
J-J
J-J
110
113
110
Nov*99
Dec'99
Nov'99
124
107
124
109
lOOH
108
84J<
*94*'
110
110
110
115
112H SAN Ala. Se« L & N.
lOOH lOoH 3pok Falls&Nor Istg 68.1939
Oct.'99
O0l.'»7
lo
81H 89
98
92H Dec'99
9394
102
96
83
*118
6s... .1910
6s. ...1938
1938
Bflgistered
J-D
J-D
118>i 119
119
187
Sale
180
133^
109!^ lis
99
102
118«134«
Nov'99
Dec'99
137X;
13794 13794
Dec'99
118M 119H
ntH
101
101
104
*••••!
• •••«,
••••!
Jan.'99
J-D+
J-Dt
•
135
116
118
Oct.'99
134^ 137^
Apr'97
Dec'99
ilSJi il99i
Dec '99
ios"
Apr '99
115
106M Nov'99
I
95
120
112?gOcl.'99
122
112
130
Mar '99
10iMFeb.'98
75
73
85
Sale
95"
J-Dt
J-Dt
78^4 Sale
SaJe
108
Bonds 5s oi 1932. M4N
Soboken—Stock
85
{
96
63
110
lat Ss
98
Con. 5b
N Y.4 8 B Trans 4 Ferry 30
Bonds 58 of 1906.
{ 93
86
10th 4 33d Sts Ferry
iBtmort Ss 1919... J4D «106
M4N
40
Dnlon Ferry— Stock
M4N {100
latSs 1930
(Buyer pays ao^vued intere
tPrtoe per share.
Ask.
70
99
67
112
96
33
94
91
108
42
102
St.
100>4 102
117
118K
10394 106M
114)4 118«
87 lis 180
1 106
110
113
106
J'ne'99
Dec'99
Dec'99
114
106
U994 18i«.
105)4
Oot.'99
iba" iba"
Jan.'99
109
Dec'99
Aug'99
iro llOM
113)4 116
il9
V<0
100
103)<
Dec'9t«
100)4 Oct.'«9
"
90
Feb.'99
U7
Dec'99
100
9i
laoM
127
11294 1189i
11194 lis
11394 J 'le' 9 9
11194 Nov'99
103
110
O0t.'9.
107
110
50
Nov'99
128
Dec'99
lOi
109
36
111
128
106)4 Sale
108
111
79)4
I0',J)4
101)4
7b
92
99
99
109
102)4
100
Sale
133)4 Sale
113
Oot.l
108W
•••«
88
121W
100)4
106
109)4
1039i 663 101)4 100
108
99
103%
108
79ii 89
25
80
79
116
Ang'99
10»HDec'99
1019i Sale
.
51)4 66)4
126)4 188)4
104
100
106)4
106)4
103)4 Dec'99
78
115
99
107
45%
Oct.'99
51)4 Nov'9P
103% 108M
Oct.'99
NoV9fi
101
127
185)4
131 Mar'99
108 May'97
108
99
70
32 125)4
181
113
113W
103)i Nov'9«
Oct.'99
75)4
11
108
85
66)4
83
629
77« 89M Western
109H Nov'99
101^
101!^
75
116
1st g Ss
1937 J -J
Geng3-4s
1943 A-O
102%
Income Ss.... April, 1948 Nov.
West No Car. ae« South Ry.
W
97
2
31
78
75
105
86
Dec '98
106M Nov'9
Bale
105
103
112
107
104
118
106
l>8)i
181
117M
108
80)4
104^
64
102
112
Nov'99
10
109M 116
1089(
105)4 13!i
13
20
i
MIecellaneous. Par.
Amalgamated Copper
Set
Bid.
Ask.
79)4
Bton List
75
87
Sale
99
-J
94
90
108
98
54
14)4
70%
3iM
Deo '97
113
lOi
96
Apr'99
93)4 Mar'98
96
76
New 48. jee"Unll8t'dBds.
GAS 4 BLBCTRIC LIGHT BON
Atlanta G L Co lat g 58.1947 J -D
32
Jan.'99
108)4 Nov'99
34
84^
108)4 118
10
68
113
A-O
J-J
F-A
J-J
. .
11294
2494 Nov'99
M-N
M-N
J
66%
118
108
32)4 i^S
105)« 111
109)4 lis
Ibis
no Dec'99
HO May '99
Bngraved trust oertiflcates.
Income Ss.
1937 A-O*
I
Dae March,
t
Due Jan.
Nov'97
Nov'99
58
6)4 J'ne'99
3
lis
110)4
989i
^9}i
io2
D8.
t
20
47
Mlsoellaneons. Par.
Amer Hide 4
Preferred
31
American Screw
Km Soda Foun—Com. 100
50
15
80
64
00
50
60
100
80
62
103
82
Bid.
Leather...
4.raer Press Assoo'n. .100
86
77
I
9194 Oot.'98
116
97)4 Sale
97
107
•120
*
99
108
76
250 t200
116
Dec'99
96
06
7
68
97)4
99)4 Nov'99
107)4
10894
123
111
19
180
108W
101
U8«
107)4
120)4 18i
Dec'99
Ha7'99
HI
111
Dae Not. a These are option salete
oonsbcutivb FAQTia).—FBRRY
45
American Beet Sugar....
Bonds 5s
M48
Amer. Caramel— Com mon
7
7894
si
Amer Air Pow of N Y.lOO
Americ'n Axe 4 Tool .100
Amer Bank Note Co... SO
American Ginning
W
Winona 4 St P. S«« C 4 N W
Wis Cent Co 1 St tr g 5s 1 937
Dne July.
(Given at poot op
Preferred
See Cent Pac.
.
,
BondB dae Aug,
Preferred
Amer Bicycle—Com
Preferred
Pao.
.
Aug'99l
Am Agricul Chem
112
94
79
113)4
135
100
Dec'99
32)4
112)4
66%
Bos n Gas tr ctfs s f g58..'39 J-J
BklynU Gas Ist congSs-.'iS M-N
ChGL4CCo. Se«PG4CCo
104
108)4 Columbus Gas Istg 5s.. 1932 J-J
102)4 109M Con Gas Co. S««PQ4CCo.
101
90
1923 J- i
Detroit City Gas g 5
Det Gas Co con 1st g 5s. 1918 F-A
Bd El 111 iBt conv g 5s. 1910 M-S
103 106M
1995 J-J
1st cong 58
Brooklyn IstgSs
1940 A-O
ibe" 106
Registered
A-O
Nov'99
t
97)4
"
I
106
112
83
"32)4 Sale
85
M
»SK
Sale
Sale
87)4
W
W
1099:(
98H
W
Chic 8ti0-yrlstcur68.'28
108 Hi
40-year con g 5a
1936
109)4 110)i West Shore. Sm N Y Cent.
43 lOOH 105
Va 4 Pitts. Se« B 4 O.
VaCent4P Istg 68.1911
10 107
118)4 Wh eellng 4LBl8tg6B.1926
108 113
Wheel Dlv 1st gold 5s.l928
83
90
Bxten 4 Imp gold Ss. .1930
Wilkes 4 Baat. 8m N Y 8 4
IS4
139
WU 4 Slonx F. Se« St P 4 M
110 Oct.'99
84 Dec'99
120^Feb.'9H
134 Nov'99
82
L4
See Del
See Nor Pac
112
98
F-A
J-J
J-J
J-J
A-O
Wash 0* W. See Southern
West New Tork A Pa—
41*4
1423
Oct.'99
109^
A-O
Bid.
Aug'99
100)4
11894
10391
116)4
104
.
2d gold Ss
1939
Debenture series A, ... 1 939
Series B
1939
Istg 6s Det A Ch Ext. .1941
StChas Bridge Istg6s.l908
98
77H
'.'.'.'.'.
OUTSIDE SECURITIES
Ferry— Stock.
J-J
Ver Val Ind A W. See Mo P.
Irglnla Mid. Bee South Ry.
1989 M-N
Wabash IstgSs
73
85
95
79H
Nov'99
95
Sale
Friday; latest bid and asked thU week,
Companlea.
now
••• •••••!
115
90
119
A-O
1 947 J-J
Registered
1947 J-J
OreRy&Navlat B f g 6b1909 J-J
Or«BR4NaTaongiB.19i6 J-D
Ore BhortLine 1st g 681922 F-A
Utah & Nor 1st 7b
1908 J-J
Gold 58
1936 J-J
Ore Sh L— iBtoon g 5b.1946 J-J
Non-oum ino A 5s... 1946 Sep.*
Wash Cent
Noof CaJ lBtgug68...1907 J-J
Guaranteed gold 58..1938
106X 108H
113)i Ang'97
109
1937 j"-j
1935 J-J
A col trl946
DnlNJRR<fcOOo. 8e«PaRR
Utah Central. See Rio G W
Dtah A North. Bee Ore 8 L.
107)4
109
(Ohio) iBt g6B..1945
Warren RR.
F-A
F-A
A-O
A-O
M-N *
10794
1139ill29i
123
123
112 186M
Nov'99
M-N 102^ BRia 102X 108
J-J
97H
86X 97
J-J
BPacof NMexlstg6s.'ll J -J
113%Nov'98l
GUa V G&N Istgug 5b 1924 M-N *100
1041^ Dec '99
trnTTj
i i3J<
108M Aug>99
Utlca* Black R. Se«NTCent
A4N W
MY4 BR
'
108)4 118)4
102
W
nBl
104)4
10751 326
106)4 Mar'9u
106M
IstgSs
West'ndlv Istg 5i....l935 A-O *103
80
General gold 5s
1935 J-D
80
Kan 4 M 1st gu g 4s. ..1990 A-O 79
78)4
Tol Peo A
Istgold 4s.l917 J-J
*
117
TStLAKO lBtg68tr.l916 J-D
Tor Ham & Buff 1 st g 48. 1 946 J-D*
UlsUr A Del Ist o g 5b. 1938 J-D 102)4 Sale
1
104
123« Jan.'98
••••<
• • • • •
F-A *io8"*
J-D
M-N loiii
Hons&TClstW&N78.'03 J-J
IstgSs Int gtd
1937 J-J
Oong68lntgtd
1912 A-O 110
Gen g 48 intgtd
1921 A-O
Horgan'sIia*Tl8tg6s.'20 J-J i23«
Ist 7s
1918 A-O
NTT&Mexgalstg4s.'12 A-O
Ore A Cal 1st gtd g 5s .1927 J-J
BA&APasBl8tgng4s.'43 J-J 75«
Tex&NO 1st 7b
1905 F-A
BabinedlT Ist g 6b. .1912 M-8
Con g5B
1943 J-J 103M
80P0I Argn lstg6s.'09-10 J-Jt 112
SPof Cal Istg 6b. .1905 A-O
Istgold 6s 8erB..1905 A-O
Istgold 68
1906
Istgold 6s
1912
Ist con guar g 58..1937
SUmped
1905-37
Istgng 58.1941
8 P Coast Ist ga g 4s.. 1937
Tol&OC
ctfs
Istgold 5s....
High. No. Low. Hig/t
103
2000 J- D
Deo... 2000 Mch.
Non-ou Inc B
g5i...l919 J -J
Co—
58,
1.
i86
1369#
101
27
110
2 103)tlll
1894-1944
Co
trust
Av
5s.
nElon Paelflc—
BR A and grant g is
108H
101
104
108
ValANB. SMNor&W
No price
12SH
146^
119
137
See
Gold 48 Cent Pao col..l949
1949
Re istered
CPaclst lef sug48.1949
Registered
)949
Mortguarg 3^a....l929
Reglet*'red
1939
Gal Har &8 A Ist g 6s. 1910
adg7s
1905
Hex & Pao 1st g....SB'31
*
112
108
106H Mar'98
108
1926 J-J
8eab A Roa 1st 5s
Car Cent let con g 4s. 1949 J -J
Bod Bay & 80 Istg 58...1924 J -J
Bo Car A Oa. See Southern.
Paoiflo
Istgold 5s
2d gold Inc.
187« Feb '99
W Istoon g 6b. 1934 A-O •122H
1934 A-O
Istg 5s
Bouthem
MM
Third
BaTF A
Boloto
Nov'99
Feb '99
11 OX Dec '99
100>^ Nov'99
N or Pao
PAS'zoitr.aMOStPMAo
t re Pres A Ph 1st 68.1942 M-8
a
g
8 AAAP. SMSoPaaOo,
BVANPlstif
97
4094
120
100
•
P A Nor Pao.
358
68M 6U0
50
con gold
since
105)4
M-8
A-O
m-N
A-O
HIS
M-8
M-8
M-S
M-S
M-S
MS
M-9
M-S
MS
M-8
F-A
St LMBgeTergug5s.l930 A-O
Tex & N O. Se« 8o Pao Co.
Tei&P Ry K dir Istg 6b.1905 M-8
Ist
Jan.
If
Deo'99
Deo'99
SUt Isl Ry 1st gu g 4)48.1943 J-D
Sunb A Lew— Se« Penn RR.
Syra Blng & N T. Se« DLAW.
'Per A of 8t L 1st g 4)4b.'39 A-O
1
Last Sate.
133
124
123
W 04 W
12694
Eng
.
«flU&8Flstg
A 68.1906
ser
Range
123
123
.
115
88
Sale
Sale
F-A 119
A-O noH
J-D
A-O
10594 Sale
1906
1911
1911
Series C 6b
1916
Small
1918
SeiiesD 4-58
1921
Small
1921
Series E 58
1928
Small
1926
Series Fi58
1931
Gen 5b
1936 !>I-N
Gtd stamped
1936 M-N
Istoygu 48.1924 F-A
West N C Ist con g 6s.l914 J-J
115^
1
132
56 107
20
112
M-N 119!^
lltoonsolgold Os
1933 J -J 187
Registered
1933 J-J
Bednoedtogoldi^s 1933 J-J
Itoglstered
1933 J-J
Mont Bxt Istgold is. 193^ J-D *101
B«c(istered
1937 J-D
Minn Cnlon 1st g 61. .. 1922 J-J ••••••
Monte 1st gages. ...1937 J-J #••••
1937 J-J
Registered
••»•
1937 J-J
lit gaar gold 6i
Registered
1937 J-J
BMlBtdiTlitg9s.,.1908 A-O
B«glat«red
1908 A-O
NordlT Istg 4s
1940 A-O
Registered
1940 A-O
Bt
Mid
Small
79X K7
Bt
.
191
.
Small
M-N llOM
Mgoldes OlassB
1906 M-N llOH
tdgoldas ClassC
1906 M-N UOM
lit g di Pieroe C & 0..1919 F-A
1931 J-J *120
a«ner«l gold 6t
jtoneralgold 5s
1931 J-J 107
lit traat gold 5s
1987 A-O 100
rt8*VBBdglstg6i.l910 A-O
Kviia* Mid 1st g 4s... 1937 J-D
BtL& 8FRRg4s....l996 J-J • S3H
Bonthw DlT Istg 6S.194 \-o
.
Ist g 5s.
Atl& Yad Istg gu 48.1949
74^
72
A Ga
So Car
M
iBt K 4b.
J-J
Istg 6b.. .1922 J -J
Knox A Ohio Ist g 6s .1928 J-J 121
Rich 4 Dan con g 88 .1915 J -J »128
Seres B 68
L Br. See T RR A of StL
at L ouls A San Francisco—
1906
8d gold 6s Class A
Cent Dli
1994
Week's
Range or I"®
Ask. Low.
GaPacRy
SaltLakeClRtgsf 6s. '03-13 J -J
It
Bid.
.
J'ly'97
Sale
94H
87H 88
90
116
90
113
J*ne'99
J'ly '99
88M
Sale
BRA P.
tJo&G list g2-3-4g.. 1947 J
L * CaU 8ee Mob A, Ohio.
L & Iron Mount. See M P.
See Wabash.
li E O & N.
Dec. 22.
Registered
1994 J-J
Mem DIv l8tg 4-4)4-5sl996 J-J
Registered
1996 J-J
AlaCenRlstg 6b. ...1918 J-J
Atl A Ch Air Line Inc. 1900 A-O
Atlan & Dan 1st g Ss 1950 J-J 101 103
Col A Greenv Ist 5-6s.l916 J -J
B T Va & Ga 1st 7s.. .1900 J-J *116
Divisional g 5b
1930 J-J
Conlst g5s
1956 M-N *118)4
107
B Ten reor Hen g 4-5B.1938 M-S
Registered
1938 M-8
Borne Wat. &Og See NT Cent.
Rt
Bt
at
Price
Friday,
Dec. 22.
Southern Ry—
Ist con gSs
H4?6Dec'99
. .
See
Week Ending
1289
4.
.
90
.
1997
D & U.
fil«« Soath Ry.
Pitts.
1.
107>4 Ooi.'98
121
Page
pages)
(5
RONDS.
N.Y. STOCK EXCHANGE
Ask. Low. High. No. Low. High
Bid.
107
Bleh *
Blo Or West 1st g 4s. .1939 J -J
Utah Cent let ga g 48.1917 A-GTI
AloOrJnno Istgng 5s. 1939 J-U
1940 J-J
RloGrSo lstg3-4s
Rooh &
Jan.
Last Sale.
Registered
Ransielaer & t^ar. See
Dan.
since
.
MoKee&B Vlitgei.1918 J-J
1916 J-J
1940 A-O
1943 J-J
Istoonsolgold 5s
PltU&Weit lit g4i... 1917 J-J
JPM A Co certfs
PltttY & Astalatoon5tl927. M-M
-J
RMdlBg Co gen g 4t. 1 997 J -J
J
PltU P & F lit g 5i
PltU 8h A L B l8t g 5i
Range
•-lis
Fltt«01eT*ToUitg89..1922 A-O
Pltti&OonneUiT. SeeBd^O.
UttiFtWACh. S««PennOo.
1923 J-J
PltU Jnno lat g ai
Pltti& L Brie— 2dg 61 1928 A-01
PlttiMoK J( Vo— lltgu6i.'32 J-J
1934 J-J
Sdguar 6i
.
Week's
Range or
Price
Friday,
Dec. 22.
PEICES
Ask.
3i
79
85
p
10
Ist preferred
100
66
50
2d preferred
100
13
9
ijnencan Surety
880
50 210
*.m Typefo'rs— Stock. 100
50
65
Amer 3trawboard.,..100 29
31
Bonds 8s
F4A 102)4
Amer. Woolen—Com....
10
76
Preferred
75
& MISGELL'S,
Mlacetlaneons. Par. Bid. Ask
Amer Wringer com... 100 106
116
Pref
Imer Graphophone..
.
.10 t 1994
•••••*
n«
Preferred
10 t 13
18)4
Amer. Writing Paper Sa.
89
00
a^nderson (John) Tob. 100
10
18
Automatic Vending... 10 t 3)4
i
Barney 4 SmCar
100
22
86
P»ref erred
100
94
6s 1943
J4J 106 101
Bergn 4 Bng Br— Se« Phi LUst.
1st 68
Blaokwell's
DurhTob.35
100)4
t
17
i*a
THE CHRONICLE -BOND
V2m
Range
Firiee
Week's
Friday,
Dec. 22.
BONDS.
.T. STOCK EXCHANGE
Wbbk Ending Dkc. 22.
Range or
Jan.
Low High
HI of Bklyn (Con)—
KlnKsCoEl L&Pg68.'37
^m
q
97«
Kings Co El L &P. See Edison.
LacGas-LCoofStLilstgSs'lfl Q-P*
1919 Q-F*
Bmall bonds
Hnt Fnel Gas Co See PeopGas
F«0 Gas & C Istgu g 68. .1904 M-N
1904 J-D
Sd gtd g68
1943 A-O
lit oonsol g 68
1947 M-S
aefnndlnggSs
1947 M-S
Registered
Oh G-L&Cke Istgng
Oon Q Co
5s'37 J
of Chlstgu g 58'36
XqQ& FCh
l8tgug68.'05
Mn Fuel Gas Ist gu g 5.1 947
Trenton Q& Ell stg 58.1949.
WMtn Gas Co ool tr g S8...'3S
97
97H
IlSHDeo'99
117
Oct.'99
109
120H
107)^
Dec '99
106J« Nov'99
120 Oct.'99
Deo '90
lllH Apr'«9
104^ Oct.'99
107 Aug'99
103 Dec '99
101 Mar'9»
111
J-D
J-J
M-N
M-S
M-N
109
I08H 118
107^ Ul«
1041^ 107H
OolO&IDeyCogug5s..l909 J-J
Coupon off
•
Ool Fnel Co gen gold 6s. 191
Ool F 4 1 Co gen 8 f g 5s. 1943
Oom Cable Co 1st g 48. .. 2397
2397
BsffUtered
DeBardelC&I. SeeTC&l.
el&HCan.
See
M-N
F-A
Q-J
Q-J
93
104
93
58.191b
19I(
05
Bid.
1
50
+
Preferred
I
69
6i«
As»
7a«
Bond & Mort Guar... 100 300 325
Oarter-Crnme— Pref. .100
67H 80
100
87
89
Cent Flrew'rks— Com.lOO
13
1
100
56
30
60
50
10
14
72
340
76
350
Preferred
Ohateaugay Ore* Ir 6s '15
Ohoi & O Grain Bl— Inc.
4i.
Ohesebrougb Mfg Co. 100
Olaflln
(H B)-lstpref.lOO
8d preferred
100
101
101
Common— See St.Fx. list
Clark Mile Knd Thr'd.lOO
7«H
10
Oonsol Flrew'ks-Com.lOO
100
Preferred
Oon Kan C Smelt & Ref.25
Stock. 100
Consol Rolling
Cramps' 8h & Eu Bldg.lOO
Diamond Matcb Co. .100
16
"2*2*
SO
123
o%
Co. of America
18>4
2d
Kleotrlc Boat
Pre (erred
BUectrlc Vehicle
87
43
Preferred
Bppens 8m A Wlen..l00
Bastman Kodak Cl 10>'i 105
& WoBtem Tr£La8.50
Fidelity & Casualty... 100
Fidelity & Dep (Bait). .50
Brie
Am Real
Bst.lOO
Goodyear Shoe Machine.
Gorham Mfg Co-Com.lOO
100
Preferred
100
Great Falls Ice.
ana Commercial.....
Hay
Preferred
Heck-Jones-J Mill-Pf.lOO
62
65
Pref
German
83
124
6
19M
23
38
50
85
75
1P9
45
40
250
206
t200
30
35
z 4UH 50
98
110
119
170
iso"
13
16
56
6S)4
t
MAS
94
Her'g-Hall-Mar(a88t p'd).
Preferred (asst p'd) 100
Hoboken Land A imp't
4
6
10
16
Ist 68
1922
118
6i
International B!levat.lOO
International Navlg..lOO
95
90
102
6
95
105
Intemat. Paper— Se«^ St'k Bzcb list.
Bonds— See ritock Ezoh. Imt.
13
14
Intemat'l Pump— Com
&H54 60
Preferred
Kzcb. list.
Internat SUvei^See 8tk.
CO
pref.
eo
Do
do
Do
do bonds. U02H 103H
Iron Steamboat.
100
3
6
6i 1901
60
J&J
65
John B Swtson—Com.lOO lUO
Preferred
100 115
118
.
Joumeay & Bnmbam.100
Ist g 58.'19
S
Preferred
100
25
Knlckerb'r Ioe(Chic)-S6e StBi List.
Lawyers' Surety
100
110
Lawyers' Title Ins.... 100 159),
Liberty 811k Mills Prf.lOO
110
Lorlllard (Pj— Pref... 100
lis
104
Deo '99
Aug'99
101
101
119
Aug'99
.
Mut UnTelsf'd
19H SO
10174 181
101
181
1
103
96
*id
108
10994
116 11»M
100^ 107^
lOOH NoT'9n
lOlM Dec'99
102H May'99
68.. .1911
loii^ios;,
108>i 108).
118^ 110
113M Dec '90
110
110
J'ne'99
112
U. 8. GOV. SECURITIES. (For daily record see seventh vn oe V reeeiUno.)
U S 28 registered
Optional O- M 109« ...
99 108
108 Dec'99
3s registered
1918
F IIOMHO^ 110M 11094 "5 106!^
USSsooupon
19I« 8: F 1 10?^ Sale 109
11091 830 10694 11094
U 8 Ss reg small b nds.l9i8 Q- F
U 8 3s ooa small bonds. 1918 Q- P 109^ Sale 109V
3 \06)i 110^
U 8 48 registered
1907 y-J+ 115 8al4 IISM 115
18 111
lis
U 8 4s coupon
1907 Q-Jt 116 116
113
115
5 118
U 8 4s registered
1925 Q- F 133>i 134H 133HI>eo'99
188 134U
U 8 48 coupon
1925 Q-F 134 Sale 13894 134}^ 47 188 134X
U 8 5s registered
1904 Q-F 113 114 112« 118H 84 nCii 113H
D S 5s coupon
1904 O-F llSii Sale 118}< 113)4 60
118M
US
HOW
UOH
STATH SBCURITIB8.
Alabama— Class A 4 to 5.1906 J-J 110«
SmaU
1906 J-J
1906 J-J
Currency funding 48... 1920 J -J
Dlst of Columbia— 3-658. 1 924 F-A
Louisiana— New oon 4a.. 1914 J-J
B
105
10 103^113)4
May'97
May'07
Dec '99
Small
Virginia fund debt 2-3i.l991
95
101
118
Sep.'98
NOT'98
Nov'98
Apr'99
109^
Feb.'Ow
10894 110
109>4 109K
108
107
108
Apr>9rf
187
113
90
128
108
Feb.'9tt
•
03
84^
J-J '"5"
Registered
0s deferred certfs
107
Oct.'99
Ang'9»
118
110
108«
J-J
J-J
J-J
A-O
J-J
J-J
J-J
J-J
1919
So Carolina— 4^8 80-40.1933
Tenn—New settlem't Ss. 1913
107
105
108
104
110
100
100
120
5s
4b
C
. .
96** NoV''9*9
Sale
93U N07'99
8i
85M
SM
'"s
•••• ••••tl
00
95
98M OS
17
"16
6H
88>,
894
S'.H
9
UNLISTED BONDS.
•*«ai
Atch Col & Pac rts trotfs....
Atch J Co & West 68 tr ctfs.
103
....
MetrWSBKChlc)
104
100
Nov'l
Ore 8h L
112
00
NOT'99
112
00
Oct.'flP
r
i>ue J uiy
»
MlacellaneouR. Par.
MalneSS
Merch A Miners' 8 8..
50
.
.50
58'43M&S
Minneapolis Brew Ist 7b.
100
Mosler Safe Co
Monongahela Water... 25
Nat Eaamel'g A Stamping
Pr f erred
Nat'I Gramophone. ... 100
Mioh-P Oar
Ist
25
87
87«
70
.
Ask
35
100
48
28
S8)4
25"
44
77
1S8
4^
98
65
140
9)4
10
126
21
89
35
410
5
6
68
RoyBakPowpf
24)4
f85
•30
4
8
47
880
180
53
395
lk«5
list.
........
com
Pieferrtd
Southern Cotton
26
66
Oil. . .50 t
St anoardCoupler.com . , ,
Preferred
RT
53
39
US
6s'13AAO 107
2d 5s 1926
96
JAJ
Stillw-Bieroe A 8m-V.100
86
Swift A Co
100 103
l8l
1st 68
11
28
68
"43
116
Preferred
100
Trow Directory-New. 100
Union Steel A Chain. . , ,
Preferred
Broker*'
Bid.
Qu
Ask.
Bzch.... 185
Astor
490
Bowery*
285
Broadway.... 240
Butch'sADr.. 90
WIsonCentral
Banks.
Ask.
Bid.
otatio n».
200
140
155
New Amst.*..
NewYork Co.
N Y Nat Ex..
New York....
Chemical
3900
Citizens'
ISO
Paclflo*
180
Chase
Chatham
leo
425
....
<00
,^
310
City
18S0
Colonial* .... 240
Columbia*... 190
Commerce... 350 860
Continental 128
Corn Bzch*.. t370
••f
Bast River.. ISO
11th Ward*. 150
Fifth Ave*.. 2800
ii5
Fifth
• •• t.S250
First
165
14th Street*. 145
170
185
400
Gallatin
• ••
80
Gansevoort*.
1500
Garfield.
•
German Am* 116
German Bx* i35 260
325
•••
Germanla*.
Greeuwioh*.. 165
125
Hamilton*...
•
•
* i
.
700
Hanover
Hide A L'ath 120
.
,
Home*
120
140
550
Irving
170
210
310
776
256
215
iUO
tioo
Liberty
Lincoln
Manhattan*
Market A Fu
I
Mechanics'..
Mech A Tra*
i92
Mercantile
Merch Bzch. 116
Merchants'. 170
Metropolis*. 425
•
Int.
483
225
105
500
Plaza*
Prod Bzch*. 125
Republic .... 300
Riverside*,.. 210
Seaboard .... 275
550
Second
160
Seventh
Shoe A Le'th 100
326
State*
State of NY* 120
12th Ward*.. ISO
*•••
«
190
215
•
•
• •
•
106
•
*,•••
136
200
Mech A Tra*. 280
180
450
t Price
Scherm'rh'u' 150
17th Ward*. 115
200
Sprague
i6th Ward*.. 140
120
Union*
Wallabout*.. 105
146
i'ls*
Trust Cos.
N. Y. CITY.
Am Dep A L.
Atlantic Tr
190
Bankers' Tr. 200
.
BAT
310
2000
3ttii
Manhattan
350
800
Merchants'., 350
•lelrupiillian 425
MortonTrust 4
N y L 1 A Tr 1400
S Y Sec A Tr 700
Sonh Amer.
Produce Ex.
Real Est Tr't 300
StandardTr't 210
itate Trust.. 400
vieroantlle
.
485
•
••••
159
BR'KLYN.
.,.*.'
People's*
190
170
1V6
WUUamsb'gh 200
*, ..
•• ••
Una. States.. 16i)C
Washington 310
280
280
.
•
ISO
Tr.Co.of Am. 2i594
union Trust. 14>jU 1460
USMtgATr. ^26
Nassau
Nat City
North Side*.
,
400
.
Brooklyn Tr. 410
Flatbush.... 160
Franklin .... 300
^80
Hamilton.
Kings Co.... 345
LIsi L, ATr. .^58
Vlanafaot'rs. 310
Massan
....
Aik.
Int'l.BkgATr *160
Knlck'rb ok'r 375
..,.
» • •
Bid.
otati
Guaranty Tr 6a0
275
240
810
••••
Banks.
Qu
list.
Fifth
BR'KLYN.
.
ockBx
St
Farm Ln ATr 1350
Ave Tr 400
130
23d Ward*... 100
850
Union.
Union 8q*.... i\0
West Side*. 875
325
Western
Yorkville*.. 210
Broadway*
.
<?««
City Trust. .
Colonial
Continental
500
Brooklyn* ... 110)4
95
8th Ward*...
107
5th Ave*.... 104
300
330
First
100
Ger Amer*.. 90
105
Hamilton*...
Kings Co*.... 100
260
Manufact'rs. 350
Mechanics*.. 207
,,,
Banks marked with an
aooraed
....
Phenix
Bedford*.... 216
Imp A Trad. 536
Leather Mfr.
Peoples'*
—
Ctl Rlty
Central Tr'si.
170
Park
<»
Brokers'
575
1500
116
250 370
....
19th Ward*.. 100
90
95
Ninth
North Amer. 205)4 t
190
200
Oriental*
Central
63
28
30
40
7
60
50
Mutual*
Nassau*
....
>,*,.
87
100 lis 115
1st preferred
100 181
128
2d preferred
Glass- Common..lOO
26
U8
100
105
Preferred
95
100
90
lOC
U S Projectile Co
U.S. Pneum.HorseColi-.l t
«
»
Wagner Pal. Car- 6\f 6' k Bxoh. list.
Westlngh Air Brake. .50 tl«9 3U0
Mt
300
50
Preferred
Brokers' Qa
Morris*..
otatl ong.
N. Y. CITY.
America* .... 435
t 3S)4
t 61
Union Typewr— Com.lOO
76
.
Banks.
Bid. lAik.
Mlsoellanpoiis* Par.
Union Switch A Signai.»u
182
12
10
75
AAO
.
103
As
& MI8GELU8,
70
Ist 6s
A Pacific Coal. 100 68
Ist 6s 1908
«107)4
Title Guar A Trust ..100 390
Trenton Pott^Com..l00
6
*
93
1st
1108
Term Wareh— Stock. .100
Fourth
83)« 24)4
Preferred
77
76
,.,,,..
Russell AErwln.
25 t 66
72
Safety Car Heat A Lt.lO0 160
ScbwarzcbildA Sulzb.lOO
38
42
SemetrSolvay deb 5s
lOl
103
Simmons H'rdw-Com.lOO 180 190
Preferred
100 140
155
Singer Mfg Co
100 525
S50
Standard Oil of N J..100 450 453
Stand Und'rg'd Cable. 100
170
SlosB Ir ASteel— gen g 4)48
76
1H17
l8t68
Faa 107)4
SIoss-ShefiQtjld,
Bid.
j&J
8« Am
66
23)4
Miscellaneous. Par
Susq Coal bs 1911
Tennessee Copper
.
t
86
60
98
88
73
.
consecutive PAQm).— BANKS
Texas
—Com..,. 50 t
Pratt A Whltn—Com..lOO
Preferred
100
Procter A Gamble .... 1 00
Preferred
100
Ist 6b— See Stock Ezoh
R.l.PerklnB Horse 8h.l00
Preferred
100
74% 76«
76)4 Oct.'99
73
79>4 40*
Sale
6S
9894
I
7
20
60
105
105
,
Penn. Water
76
(wl)
.
5
National Saw—Pref.. 100
42
National Salt
Preferred
75
National Surety
100
National Tube
41
Preferred
90
National Wall Paper. 100
80
N. E. Eleo. Vfh.Trans.
6
100
N Y Loan A Imp
50
N Y Biscuit 68 191 I.MAS 114
New Jer Zinc A Iron. 100
N. Y. El.Veh. Transp.lOO
9
50 t 60
N icholsori File Co
Construct. 100
Nicaragua
NllesTi olWrk8.com. 100 ids"
Preferred
100 132
Otis Elevator—Com
10
Preferred
85
Peck, Slow A W1IOOI..25 t 23
Pegamoid, pref
100
Pennsylvania Coal
50 400
Phil A Wll Steamboat. 50
Pittsburg Brewing....
Pneumatic Gun Car'ge.10
dep
57
8*
9694
Bala
90
311
86
WlBcCen Ist 48 (wl)
86
Due May. i Due April. Bonds due January. Y Due August. aThese are option salM.
Bid
t
t
ctfs
64^ Nov'99
95
97h
71
60
63
93
66i4 Nov'09
ist 48 1938
coll tr B...
8tLIM&8onew30y48
112
90
(Given at foot of
Madison Sq. Garden— 100
MAN
2d 6s 1919
Stat
90K
7<)
J -J
7s..
68
Rubber Goods Mfg
103
106
0^
Illinois Trans.
113
,
75
48
OonsoUd Car Heatlng.lOO
Distill.
i
104
111
108
108
M-N
M-N
M-N
J-J
M-N
J-J
1875-1900
1884-1900
Registered
1884-1900
Col trust cur 58
1938
Registered
Debenture
Small
Missouri- Funding. 1 894-95
Nurta Car—Con80l4i... 1910
Small
'99** *99*
ineae are latesi bia ana asked ibis week,
Miscellaneous. Par,
17^ 83^
IC8M 110
80
19
Apr '97
80
95
1
ff
BUis Company — Com.. do
Co
103M 108^
Nov'l
105
107
OUTSIDE SECURITIES
Celluloid
105
97
Jan.'99
99
70
J-J
1917
13
80
28 .« 308
19«
UQH
105
86
Oot.'99
113
M-N »•«•*•
M-N
Registered
Mnt tin Tel Co. Su Wn Un
Nat8tarohMfgCol8tg6s'2<) M-N 104H
wpt News S&D D 5s.l99( J-J5
'20
NT AN J Tel genarg 5s oy.01 M-N
%f
^
««.
H V * Out I.ftTl
MetTATIstsf g
,
e9H
101
96HJan.'97
•llO
78
US
Deo'9(«
109
1>-
e riua>
'
Fob.'98
17^
Sale
1st oon 6s...
Feb '97
Sale
Cah C M Co Ist gn g 68..'22 J-D
De BarCA ICogug8s.'10 F-A 10!«
U 8 Envel Co Ist s f g6s 1918 J-JT
D S Leatb Co s f deb Gr68.'13 M-N
116
Vermont Mar Ist s f 58.1910
West Union deb 7s. .1875-00 M-N
Class
Class
18M
M-8
g
H«nd B Co 1st
1910 M-N
HobokenL&Ig Ss
1910 J -J
111 Steel Co deb 58
Non-oonv deben 58...1913 A-O
Iron Steamboat Co 6s... 1901 J-J
F-A
Int'l Paper Co lit con g 68.'
J«ff&ClearO&Ilstg5sl92e J-D
192H J-D
SdgSi
Knlok Ice (Chlo) litg 6s.l928 A-O
1919 M-N
MadSq Gard 1st g Ss...
ManBcbH&Lgeng48.1940 M-N
*no pnoe
108M
RR bonds
68..
1
107!^
35K 94H
V5«
103^ Aag'99
D«t M&M Id gr 3Hs 8 A.191 A-O
rlaT&Tooltrg8f58...1926 J-J
er BIT Coal &0 Ist g 6s. 1919 A.-0
HMk Wat ReOT Ist g 58. 1926 J-J
.1931
8 f
103^
102
JMy'99
104
1071^
102W
4
too
105
93
100
F-A
7i
US j< 1*8*6"
J'iy"'99
101
106
1.
Low Higk
il3H
M-N
J-D
J-J
M-S
'
Wh L B & P C Co
85
, .
100
M-N
J-J
Northwestern Tel 78.... '04
105
103
laSCBTLIiANBOCS BON D8.
M-8 t03K Sale
Adams Bx—Col trg 48.1948 Qu-F '108^101 lOaji 103
1900
88.
108^ I0?M
m Cot Oil deb gS«eCenNJ
AmDk&ImpSs.
M-S
86 Deo '99
Am Spirits Mfg Ist g 6s. 1915 J-J
BariSCarCo lBtg68.1942
78** Deo 'be
k'nWAWHlstg58.1945 F-A • 77
CahCoalMln. Se«TCI&B.
hlo Jo & StYd ool g 68.1915 J-J
109MFeb'97
Non-onm. Incomes 5s. 1907 J -J
OlMlt Bit Coal. Se«NYCiH
OolO&I Ist con g 88... 1900 F-A •100
131
Deo '98
106
-J
120
since
Jan.
See West. Uiu
PaoriaWatCo g 6s.. 1889-19
Procter & Gamb Ist g 6s.. '40
HoohA Pit C& I pur m 5b 946
8t h Ter Cuppies Station &
PropCo I8tg4>is5-20yr'17
8 Yuba Wat Co oon g 68.. '23
8p Val Wat Works Ist 68. '06
Stan Rope & T 1st g 6s.. 1946
BlrmDlv
100^ 109M
loeu 107^
Jtange
Last Sale.
Income g 58
J 946
19^ Sale
Sun Ck Coal Ist g s f 68..19I2 J-D
TennCoa)TDiTl8tg«s.l917 A-Ol 104
Sale
I06H111
109M Apr '99
Week's
Range or
Ask. Low. High.
Bid.
NoWestnTeleg.
[Vol. LXIX.
5.
Price
Friday.
Dec. 22,
S'«
N. Y. STOCK EXCHANGE
Week Endimo Dec. 22.
1.
BM Bl
A-O
Pnrchaie mon 68. .1997 A-O
1930 J-J
l«tCOIlg48
aaasLNYl8toong58..'32 M-8
a & Fuel. Se« P G & C Co.
Ova Bleo Co deb g 58... 1922 J-D
arBapOLCo I8tg58..1915 F-A
KO Mo Gas Co Isl g 58.1922 A-O
Page
(5 pages)
BONDS.
since
Last Sale.
Ask. Low. High. No.
Bid.
prices
••••
.
People's
•
ft
«l
188
338
210
asterisk (*) are State banks,
i Purchaser also pay*
t Sale at Stook Bzch. or at auction thU week.
per shara.
I
December
THE CHRONICLK
23, 1899.]
Boston, PhiladelDhia and Baltimore Stock Exchanges
Share Prices— Not Per Oentana Prices.
Monday,
B42
124^
136
4?«
•lt?« 119
93
54
•78X 7iH
805
06
65!^
96H 95H
9
9
3-l«l
14 7-16
*m
73
74
39^
3\>H
16
16H
46«
89
90
86
76
312^ 839^ 340
95
9S
95
241
99
•25
800
180
133
•199
200
117%ll«%
70
35
76
38
76
2M
385
380
340
120M 130% 120W 130%
33<4
33%
83Ji 3»H
•41
43
43
43
117
4H
330
93^ •93s4
60% 49%
71% •70% 7l
201
200
94
s«
23%
13Vt
43%
71
86%
15
201
•35
91
87
75
87
75
76
IM
W
1%
<%
49i
•I
344
340
345
844
189^ 183^ 133 130^ 124>i 138^ 182^ 128% 180% 125^ 115
118 114^ 113 114
111« 113H 113% 113>« 113 113^ 112
ISM 13H \0H 13H lOH llH 12
11
13% u% 12H
80
51
43
•
101
58
51H
106«
58H
S8K
8S5
730
18
50«
260
43^
I
710
720
10
18
51
18
50^
41
100
43
53
43" 88H
43
48
710
1»J«
51
887
41
41
43
ioo;< 104
"ii" «4
18
370
43
795
40
44
17
78
74)<
80
140
31
156
81
876
44% 44%
730
45
18%
43
103H
'
"4*3**
43
4W
18
73
71%
43
18
73
••••
180
130
18
19
80
40%
720
100
100
41
Lowest.
37
18
Boston) .... 100
"
Preferred
....100
American Alkali
(Phlla.),... 50
"
Preferred
10 paid
American Bell Telephone.. (Boston).... luo
American Railways
(Phila. ) 6 paid
American Sugar Refining 1 (Boston) .... 100
"
.,.,100
Preferred!
Asphalt Coot Amerlc*
(Phlla.) 5 paid
(Boston).... 25
Boston it, Montana
"
Butte & Boston
.... 35
"
Calumet & Hecla
,.., 35
Chemical.
38
•17
•70
583
830
. . . (
paid) (Phlla.)
(Bait.) ...,100
(Boston),.,, 100
"
,...100
"
,.,,100
.
73% 79%
• • •
Bnd Street.
(Boston).,., 50
Mlacellaneoaa 8took«.
A^rrlcal.
18
71
••
New Bng.
"99% 100%
HH
<!
Brie Telephone.
Federal Steel
"
Lamson Store SerTlce.......
..., 85
Lehigh Coal & Navigation. (Phlla.) , , 60
Massachuaetts Bleotrlo Cos. (Boston), ...100
"
., .100
Preferred
National Electric
( Phlla. ) 1 9%pald
43
17
103% •99% 100
168
140
20
140
19
61
43
"
.,..100
(PhUa.),... 50
17% 1854 Cambria Steel. ($1-50
50% 51 Consolidated Qas
40% 42 Dominion Coal
18^
43
103
45
44«
47
43
18
18
70
'
735
"
.... 60
"
.... 60
"
.... 60
"
.... 50
(Boston) .... 100
.
300
40
715
17%
60^
lOU
120
113
833
41
S8M
I
18
73
263
861
41
780
60% 51
44^ 43
44
101^ 100% 103
••••••
104«
261
•••••
18
Range of Sales in 1899
030 238 Dio.
3,831 80% Jan.
3 237
Jan.
451 170 Jan.
30 346 115 D'c.
130 130 Deo.
130 120 Dec.
110 29% Jan.
543 41% Dae.
374 107 Jan.
14,630 23% Dec.
1,044
5% •Jan.
lie 90 Jan.
4,910 48% Jan.
06 69% Dao.
70 198 Jan.
8,315 61
Jan.
3.656 93% Dec
33,611
8
Dec.
9.490 21% Dec.
3.655 11% Dec
5,54. 3S% J line
8.93
88 Dec.
67,398 31% Jan.
4,73
Dae.
57 34% Deo.
708 88 D^c.
.
.
15,903
43,106
484
19.338
3,314
8,333
133
85,734
1,538
9,433
36
•40
40
39
03
63
....
03}^
64
•Bid and ukedpiioet no sale wa made.
35
40
40
65
'
'
INACTIVE STOCKS
RAILRO A D8.— Prvse*
Atl * Charlotte(Balt) 100
Ask.
Dee. 22.
Bid.
Boi AMalnepf.(Bost)10C 170
Boston AProv. "
100 398
176
3(0
10
100
12
'•
Pref
60
100
65
Chlo&WMloh. " 100 i9
Oonn & Passum " 100 170
Oonn HiTTT.,.. " 100 870
Oon»olTrPltt8lI(Phll) 50
26%
"
PrefT
50
60
,..
TlluT A, Pere M.(Bost)100
"
Pref
100
Qa South & Fla.(BaIt)100 30
"
1st pref
100
90
ad pref
"
100
63k
a'rmant'n Pass(Pbll) 50
141
45
Hestonv
50
50
Pref
50
Hunt A Broad T "
50
"
Pref
50
" 100
Inds Street
Ft8&M..(Bost)100 14
18
"
Pref
100
50
61
LtUle Schuylk.(PhU) CO
59
176'
Maine Central. (Bost) 100 160
Mlnehill A SH.(PhU) 50
61
54^
Nesqnehon'g V. "
60
North Penn.... "
60
103>»
PhU ABre..... "
60
PhU Qerm & N. "
60 150
" 100 375
United N J
United Tr of P. "
50
Pref
50
West Bnd pref. (Bost) 50 113
13k
West Jer A8S.(Phll) 50 61
West N Y A Pa. "
60
5
"SH
Wis Cent, Dew.(BoBt)100
14
16
"
Pref
100
53
56
Wor Nash A R. " 100 125 U9
"
MAT"
KG
'
1
MISCBLLANBOUS.
AJloaex Minlng(Bost) 25
An er. ^tmentHiPhll) ,,..
Aroadian
(Bost) 25
Arnold Mining. "
25
"
Atlantic Mln'g,
85
"
Baltlo Mining..
25
8
I'*
21
6
23k
16
17
«'
Central OU
85
18
Con. Lake Sap. (Phil) 50
16^
"
Pref
60
4%
Dayright Prism, ••
60
Dlam State 8t 1 "
10 "'5%
Domln Coalpf.(Bo8t)100 113
Bdlson Bl 111... "
100 205
HleaCoof Amr(Phll) 50
rrankUnMin'g.(Bost) 35
'
Oeneral Bleot.
lOO 117
Pref
"
100 136
een HI Auto-M7(Phll) 50
"
€>reger Mfg....
lo
U^
.
Ind^gyp ComV(Bo8t)100
"
laleRoyalel.,.,
"
10
18
8
63
i"7'5'
49h
83
16
114
t08
13
13
il'k
.87
STOCKS BONDS
Bid.
MISCBLL.—Concluded
New Hav I&S\iPhll) 5
3%
Westingh. Bleotrlo &
Preferred
65
Pref....
....
7%
US
113
(PhUa.).,,,
5
(Boston) .... 50
"
..,, 60
6«
135
183
350
9
no Oct. 87
32 149% Feb. 18
19 154>^ May 18
20 138 Aug. 6
3 43% Aug. 85
19 49
July
3 125
Not. 17
23 30 Mar. 9
7 17% Apr. 87
21 95
Feb. 6
57% Aug. 84
19 81% Jan. 86
4 212
May 17
3 70
Jan. 83
23 lOOii June 30
19 13% Jan. 34
32 34 Mar. 33
83 18% Mar. 83
8
51% Deo. 3
18 84 Jan. 23
I
44« Apr. 86
"i
21
23%
18
18
45
45
84
14% Apr. 81
19%
Apr. 96
Apr. 98
Feb. 81
895
35% Sept. 95
71% Mar. 18
03
120
Apr.
S
Oct. 87
Apr. 8
74%
45 May 88
45% Mar. 8«
28% July 95
83'4 Aag. 80
15% May 94
107
150
Dec
21% May
Jaly 14
Sept. 5
53% Apr. 96
33% Apr. 6
Jan.
Dec
200
26
6
Sept.
108
13
80
35
39
56
dar. 90
Mar. 80
398
70 09% Deo.
98 130 Dec.
137%
S pt.ll
180
122
Got.
ia',303
Oct. 11
4% Aug. 36
3% Aug. 31
380 OoL 6
Dec
17,88)
8,160
Feb. 81
Feb. 81
July 11
96
115
7,474
1
Nov.
4
Dec.
110% Jan.
10% Dec.
350 Dec.
38
Dec.
835 Jan.
ll« Jan.
50% Dec.
33 Jan.
635 78% Jan.
18,334 41
Dec.
23% Jan.
68. 39% Jan.
495 17 Dec.
787 70 Deo.
175
55
Apr.
Mar. 30
Apr. 8
June 19
Aug. 96
60%
53%
Dec.
Jan.
May
70
30
30
2k
99
23
U 8 PHorseColT'Phli)
Mmmg
93
(Bost)4-85
I &S. (PhU) 10
Welsbach Coml "
100
"
100
PrefT
50
Westm rel Coal "
Warwick
H
3
29k
2^k
23*
9%
d4k
WluonaMlnlng(Bost) 95
4%
38
37
Wolverine Mln. "
25
Uoudtt— UoHton.
Am BeilTel48..1908 JAJ ^103 108%
6
AT&8Fgeng48.'95 AAO
I
95
Adjustment g 48.. 1995
Boston Term'l 3%s. .1947
I
76k
i
i
BosUnaa8lst5B.'39J&J
1939 J&J
2d M5s
Bur* Mo Riv ex'pt 68.J&J !r2'3"
Non-exempt 8s. '18 JiitJ |l08
Plain 4s
1910 J&J i
Ch Bur A N 1st 58.'26 AAO i
88
1918
J&D
ChiNoM gu5s.'31M&iN
Chi A W M gen 58.'31 J&D
i
i
i
i
i
i
DOR&Wl8t48.'46 A&O
{
90
95k
77
86*
68
114*
88
8t«
98
'
Debenture Ss. 1 91 3 A&U
KCCA
8 l8t58g.'25
98
J....
{138
{188
« ...
M
5-8 g....l936
MarHAOnte8...'25
MexCent
A&O
A&O
48 g..l911 J&J
con Ino Ss g non-cum
3d con ino Sb non-ntim..
1920
Income 6s
Rutland Ist 68.. '02 M&N {105
Torrington Ist 58 1918.. i
West End St Ss. .'02 M&N {103
1914M&S
48
Bonds— Philadelphia
100%
104
96
40
{117
1
i
ill4
}
70
73
1?
21
13
189%
83
M&N
J&D
i'o'o*
B BoroGas lstSs.'3sM&~
Cambrialron 8S.1917J&J
Ches&DCanlstos.'ie J&.I
ChocOk&Ggen 58'19J&J 104
Clt's'St Ry(lnd)con 5s.'33
.
ColnmStRy
• •
• • •
100
108*'
lstconSs.'32
NJ
Con Trac of
111%
100%
113
l8t5s..'33
l8t 78.'05
Bast&A Ist 58.'30
Edison Elec Ss stktrctfs
Elec& Peop's Tr stk tr ctfs
115
117
Ext & Imp 6S.1901M&S 101
NoBaltDlv 58.1942J&D 116
Istes.'lO J&J
135
Income 58....2882 A&O io«
Eq in Gas-L Istg 58.1928 108%
Hestonv M & F con 58.'24
H& B Top con Ss.'2S A \,0 107^4 106%
103
Indianapolis
117
Exchange 3%8.1930J&J
Balt&Ohio 48 g. 1935 A&O
Stat Isl 2d 5g.l926 J&J
Balt&Pl8t8sml 1911A&0
Ist 88 tunnel 1911. .J&J
Bal Trac Ist 58.1929M&N
Conv'rtible 5sl906MAN
Cent Ohio 4%8 g.'SO MAS
Central Ry 6s... 1912 JAJ
Consol 5s. .,,1933
Ext & Imp
M&N
Ss.}
932M&S
112
100
Del
101
1930J&D 110
5s
Ga &AlalBtpf5sl945A&0 101
QaCar&N IstSs g. 1 929 J &J 99
6s 1900
100
1*0*9%
103
A&O 101%
-
Uniied Ry & Elec income.
68%
9.'S
VU'g Mid Ist6s.l906 M&S
2d series 6s.. 1911 M&S
3d series 6s.. 1916 M&S
4th ser 3-4-Ss.l921M&S
Sth series 58.1926 M&S
Va (State) Ss new.'32J&J
Fund debt2-3s.l991J&J
Va&Tenn2d 5S.1900J&J
8»
• • • •
1900 J&J
117
114
104
109
85
.
78%
1933
'
106
2d 7s
1910 M&S 12''%
Consol 68
1923 J&D 117
Annuity 68
J&D
New'k Con Gas Ss '48 J4D
Newark Pass con 58.1930 116
•• •
NYPhU&Nc)rlst48'39J&J
105
80*
Income 48...1US9 M&N
• •
111
105
M«M
1st 4s.. '36
• • I
•
1903J&J 113
68 r...l910 Var
Consol 8s o. , , , 1905 Var
Consol 5s r.... 1919 Var
Pa A N Y Can
7s..'06
Cons Ss
Cons 48
1939
1939
Penn Steel
JAD
AAO
A&O
MAN
IstSs.'l?
People's Tr ti oerts 4s.'43
PhUa Elec gold trust otfs
Trust, ce t s 48
Ph&^r geu 3g.'20
<3en
48 g.. 1920
Ph A Read 2d Ss.'SS
M
A&u
A&O
A&O
M 78. .1911 J&D
Con M 68g...l911 J&L
Bxt Imp M48 g.'47 A&(
CJon M of '82 48.'37 J&;
118
119
1997 J&J
Rochester Ry con 59.1930
SchHBSidelstSs g'S5J&D
Scran Trac st 6s '32M&N
4s,
127
106
•
107
08
••••
108
63
107
••••••
i
••
*
•
••
• •
••
•
•••ft
103%
104
188
108
83% 84%
iii"
1
Seat&SFRy&Nav
110%
85%
1st Ss
Union Term'l l8t5s.F&A
N J 4s.. 1944 M&S
nnTracPlttsgenSs'97J&J
United
Interest.
f
i"l6*
PWil& Bait 48.1917 A&O
Collal trust 48.1921 J&J
Pitts C&St L 7s. 1900 F&A lOdH
Read Co gen
•••
110
Terminal Ss g.l941 Q-B
09
96
•
1*8*6"
Penn gen
•And
103%
48..
.
Consol
i'l'e'*
PotomVal l8t58.1941J&J
3ecAvTn( Pitts) 58'34J &D 114
Sav Fla & West Ss '34 A&O
Seab & Hoac 58.192ti J&J io8k
Ry
KCSuD a l8l6s..'20J&U
Lehigh Nav 4%s 1 4 Q-J
RR48g
1914 Q-F
M
100
116
109
M&N
GenM78
Maryland Brewing Os ....
83k 84
126
MetSt( Wash) Ist 58'2SFA 121
New Orl Gas 1st Ss.. .Var 100
108*
Norfolk St Ist OS '44. J&J
NorthCent 4%s. 192SA&0 113
J&J
6s gold 1900
68 1904
JAJ
Series A Ss 1928.... J&J
i'o'i'
F&A
M
Blm&WUm
No Penn
130
GaSo&Fla Ist 58.194 5 J&J lUO
KnoxvTrac IstSs '28 A&O 100
Lake RBI l8t4.^u58'42M&S 112
& B Bk
Gen M4%8g.. 1924 (j-F 105
Leh VC'l lst5sg.'33J&J 100% lOOX
Leh Val ext 4s.. 1948 J&D lis
115
114
Chas City Ry Ist 5s '23J&J ••••
99
Chas Ry a & BI Ss '99 M&S
07
CharlC& A extSs. 1 W 1 J &J 106
et>
'I'o'ok
Chesap Gas 6s.. 1900 J&D
115%
Clty&Sub l8tS8.198aj&D 115
118
Col&Grnvl8t5-6.1917J&J lis
118
1910 J&D 117
Consol Gas 6s..
4s
120
107
Vy EPit 7819 10 A&O
Asphalt Co Ss tr ctfs. ...
Atl City l8t58g..'19
Balls Ter Ist 5s. 9 ^8
{106
M&N
Ask
WestVaC&Plst8g.'llJ&J
WU A Weld 5s.. 1935 JAJ
Alle
106
an
1916
116
114
Bonds— Baltimore
Anacostia & Pot
...,59 lOOk
Atl &Ch Ist 78.1907 J&J 116
Series B 5» 1926.... J&J
Pitt Un Trac 58.1997 J&J
140
90
K C Ft 8&G l8t 78.'08 J&D {113
K C F S&Mcon 68.'28MAN {103
ECMABl8t48..'34 MAS i.
LRock&F8l8t78.'05J&
L E&St L l8t «8 g.'26 A&O
90*
94
113
«1'4% 118
A&O
E C& M Ry&B 5s.'29 A&O
KC8tJo&CB78.'07J&J
{100
Ogd&LCcon6s.'20 A&O
Bid.
Baltimore— Conclu'd.
WestN C con 68.1914 J&J
AAO ao»%
6eorglaPl8t5-68 1922J&J
101
97
Con. of Verm't 38.'13 J&J ....
Curr't Riv Ist 58.'27 A40 i ...
Domln Coal l8t68.'13M&8
Bast'n Ist M 68 g.'06 MAS
Ft Klk&M V Ist 68 '33 end
Unst'p'd l8t 68.'33 A&O
lUln Steel oonv Ss. 1 JAJ
1907
8s
BONDS
Ask.
2k "4%
Atl(}-Lightl8t58l917J&D
4k
7% Atl Coaot L ctfs 5s ..J&D
6k
Bait Beit Ist 58. 1990M&N
4%
BaltCPa8l8t58.1911M&N 110
170
170
13% Bait Fundg 58.1916 M&N 120
12
"
"
"
Ch BurAQ 4s 1922 F&A
lowaDiv 48.1919 A&O
Bid.
N YAN Bng 1st 7s.'05 J&J {114
l«t mort 6s.. ..1905 J&J aio
4%s
Deb
87
Tidewater St. (PhU)
Torrlngton "A" (Host)
"
Pref
Mach..
"35
6%
Su8queI&ST..(PhU)
Tamarack Min. (Host)
Un Shoe
00
34%
.
DnCopLAM'g
a%
4k
4
.
1st
. . .
Boston— Concluded.
New Bng Tele e8.'99 AAO
8
Dredg(Bost)
Old col Mining. "
Osceola Mining. "
Palmetto Co.... (Phil)
Parrott Sll&Cop(Bost)
Penn Elec Veh ( PhU
"
Pref
Pennsyl Salt... "
Pennsyl SteelT. "
"
Prefer
100
"
Phil Electric 1..
yumcy Mining (Bost)
Rys Co Generan(Phll)
Rhode Isl Min. (Bost)
"
Santa Ysabel
2d
Mfg
BONDS
Ask.
4
NoAmO
Utah
Light t
9
a 33 15-16 24 7-10
Income Ss
16
39
63%
•
Chicago J unc 58. 1 9 1 5 J &J
85
89
23
ManufacRub,.(PhU) 60
"
Pref
60
MarsdenCot., " 100
8%
Mergenthaler (Bost) 100 190
197
Me» Telephone
10
2%
9M
, .
86
40
35
64
2dM
23
Beth Bteell..., (Phil) 50
Boston BleoLt.( Bost) 100 178*
Oambrla Iron..(Phii) 50
Canton Co.
(Bait) 100 '83%
Oenten Mining. (Bost) 25
15%
IntButHAbM
"34'
40
39
35% Welsbach
85
89
U«% May
J HO.
4
June 97
1
Dec
950
1
"i6 273
Cotton Yarn, pref.(B<>8ton),... 100
136" iso" New Bngland Telephone
"
..,.100
140
130 130
"
.... 25
18
18% Old Dominion Copper!
31
19
19H
Pa. Mfg. Light & Powerl
(Phlla.) .... 60
"
14t<
.,,,60
133% 144^ United Oas Improvement T..
145 147
(Boston),.,, 35
28% 21 United States OU
37^ 95% 36
18 980
July
Dec.
2% July
. . .
144
146
147
148^ 155
8i^ 83« 35% 86
85M 20
Central Mass...
Highest.
33
76
9,700
.
4%
4
494
fVest
Amer.
2%
Ik
3%
2%
(Phita.).... 50
Co.(w. 1.) (Bait.)
"
Preferred (when Issued)..
36
93
75
"
....100
(Boston).... 100
Preferred
Old Colony
Pennsylvania
Philadelphia Traction
Reading Company
1st preferred
2d preferred
64% OS
92% 91
3
8%
21% 23
n« 13%
40% 43 Union Paclflo
Preferred
08% 71
33% 34% Onion Traction
14% 15 Dnlted Ky & Blec.
65M
38% 29
343
4%
9%
10
35
93
iH
340
33%
24%
(
. .
115
116
115
80
78
39
76
2H
5V«
115
"130
13^
133
•9.?
30
70
876
50
730
30
Indicates unlisted.
Boston k Albany
(Boston). ...100
"
Boston Blevated
....100
"
243 Boston & Lowell
....100
800
"
Boston & Maine
....100
"
....100
117% Ohio. Burl. A Qulnoy
"
....100
133 Chic. Juno. 4 Un. Stock Yds.
"
....100
130M Preferred
Phlla.) .... 50
33)4 Choctaw Oklahoma It Galf
43
"
Preferred
.... 50
115
Fltchburg, pref
(Boston).... 100
(Phila.) .... 50
23H Lehigh Valley
10
Mexican Central
(Boston) .... 100
94
Northern Central
(Bait.) .... 50
(Phlla.) ..,.100
49% Northern Pacific
343
198
•341
9«
10
9i\i
»H
870
48
730
Sales
of the
Week.
Shares
241
99
318^ 341
99% 99% 93
•
IH
«4j'< 346
IT
Dee. 22.
343
24« 83%
10
10
9H 10
•93«
93%
93M
SO
58
50% 50% 51% 51% 49^
71H 7I9i 09% 09H 72X 72)4 71%
200
303>ti 30Sh
303H 202 203
64
4594
64% 05
04% 05% 61%
98
93
93
96
94
94
93%
8 6-16 9 1-10
8 8 9-16 3 5-10
8%
8»
34 9-10 2R 33% 34 7-16
23%
13X 18« liH 1394 12% 13 1-16 18%
45
42
43
43% 44% 41%
44>i
73
73
68
09
70
71H 71
34^ 36^ 36W 37M 35
38T<
84H
13>4
15H 15^ ISK 15H 15
14K
35
84M 84H
88
90
89
93
90H 90% 91
10
SO
77
Daily and Yearly Record.
ACTIVE STOCKS.
Friday,
Dec. 21.
Dee. 20.
241
99
240
•241
200
198
198^ 198
133i4 118
130H 113
132
133
131>« ISO
120
•88
33
•39^ 34
33^
•43
43
43
41^ 42
118 118
110
117
110
3o9« 35
28H 23^ 23%
•88^
11}*
Wednesday Thursday,
—A
Railroad Stooka.
93
•210
198
198
186H 118
133
181
•130
'
Dec. 1».
34«« 338
95
•941
108
Tuesday,
Dec. la.
Saturday,
Dee. 16
1291
118
t81'3C paid.
•Price includes overdae oonpo
THE CHRONICLE.
1292
[Vol. LXIX.
Latest Oross Earnings.
luxTjestniJCttt
WeekorMo
AND
Kan. C.N. W.... Nov'mber.
Kan. City & Om 2dwkDec.
K. C.Pitts. & 6 4thwkMay
Kan.C.8ub.Belt Nov'mber.
L.Erie & West 2dwk Dec-
RAILROAD EARNINGS.
The following table shows the gross earnings of eA^ery
Steam railroad from which regular weekly or monthly returns can be obtained. The first two columns of figures
give the gross earnings for the latest week or month, and
the last two columns the earnings for the period from January 1 to and including such latest week or month.
The returns of the street railways are brought together separately on a subsequent page.
Latest Oross Earnings.
Jan
1 to Latest Date.
Roads.
WeekorMo,
1899.
1898.
1899.
$
17,369
44,901
October...
Adirondack
Ala. Gt. South.. 2dwk Dec.
AU. Midland... October .
Ala.N. O.ATex. Pao. Juno.
N on. & N. E 4thwkNov
Ala. & VlokBb. 4th wk Nov
bt>,465
.
.
Atlanta& W. P. October...
At.Vald'8ta&W. October
Austin (feN'-wftai September
Ati. & Danville. July
. .
Nov'mber.
Bath&Ham'nd»
October...
2dwkDec.
Bir. & Atlantic. June
Bronsw'k&West October
. .
2dwkDec.
BTiff.Kooh.&Pitt
Buffalo & Basq.. October
Bnr.O.Bap.&N. IstwkDec.
OknadlanPaolfl a
Oent.of Georgia
Central N. K...
Oentralof N. J..
Central Paciflc.
Oharlest'n&Bav
Ohattan'ga So.
Ohes. & Ohio. .
Ohlo.Bur. &Q..
Chlo. &Rast.Ill.
Ohio. Gt. West'r
.
Ohio. Ind.
<te
L..
2dwk Deo.
2dwkDec.
October
Nov'mber.
September
. .
October...
2dwkDec.
'2(1
2dwkDec.
2dwkPec.
2dwk Dec.
Chlo.MU.& St.P
Ohlc&N'thw'n. Nov'mber.
Ohlo.Peo.&St.L. Nov'mber.
ChlcR'kl.&P.. October
. .
.
Ohlo.Ter.Tr.RR IstwkDec.
Chlc&W.Mloh. 2dwk Dec.
Ohoo.Ok.&Gult. Nov'mber.
Ol.Lor.&Wheel 2dwk Dec.
Ool. Midland.... Nov'mher.
Colorado &Bo.. IstwkDec.
Col. Sand'y <k H 2dwk Deo.
October...
Onmb'l'd Vallev October...
Crystal
Deny. A Rio Gr 2dwkDec.
Det.G.RaD.&W 2dwkDec.
1.300,789
609,653
625,258
2,211,473
1,386,307
94,ne0
31.980,293
1,261.822
296,085
474,997
323,236
26,013,069
6,765,663
27,118
12,880
515,029
3,653,324
549.000
4.250,900
24,624,859
5,322,478
527,993
11.551,422
11,658.334
563.585
65,9H1
11,407,776
35,556.305
4,137,564
5,303,480
3.168,740
34,173,343
33,878,101
777,494
17,772,645
7.554,042
1,098,636
1,869,436
* 1,463,475
38,975
4,433,472
259,400
13,954.286
1,727,642
78,86=-
11,848,629
37.750,042
4.650,224
6,C 09,004
1,688,550
3,763,476
1,510,430
13,630
833,01(5
791,468
2f),265
Mackinac October
DolathS.B.&Ati 2dwkDec.
BlglnJol.&East. Nov'mber.
51,757
47,928
143,965
October... 3,489,190
ife
6,5eO
Kareka Springs. October...
BT«iB.&Ind'pll8 2dwkDec.
6,541
2dwkDec.
Bvansv.AiT.H
27,352
Nov'mber.
Find. Ft.W.&W.
10,045
.
FUnt&P.Marq. 2dwkDec.
60,22-
Fla.Cent.& Pen. IstwkDec.
56,202
34,408
Ft.W'th&Den.C 2dwkDec.
Ft.W.&Rlo Gr 2dwk Dec.
eads. & Au. n. Nov'mber.
eeorglaRR.... 2dwk Dec.
9,724
1,755
34,399
113,573
Nov'mber.
Nov'mber.
103.34t)
October...
June
June
June
MoB.G. R. &I June
Tot amines. July
Gr.Tr'ni Syst'm 2dwk Dec.
Chlc.diGr.Tr. 4tliwkNov
Det.Gr.H.<teM.
715,024
1,210
39 996
01.Cln.Ch.&8t.i. 2dwkDec.
Peo. & East'n Nov'mber.
e*orRla(% Ala..
Geo. So. & Fla.
QllaVal. G.&N.
ttr.Rap. &Ind..
Cla,B.&Ft.W.
rraverseOlty.
1,661, <ib2
269,634,634,208
100,158
106,069
61,732
785,071
3,374,871
75.902
2,181,858
1,173,931
24,187
33,201
*146,745
5,912
74,569
27,697
312,093
167,292
26,151
161,122
*l3o,326
7.473
92,447
31,689
346,022
204,503
38,039
224,052
108,201
22,183
221
91,892
193,700
Oln.G.&Ports'tb August
Oln.N.O. AT.P. 2dwkDec.
Oln.Ports.&Vlr. Nov'mber.
.
$
179,090
l,91i)
October...
2d-wk Dec.
Det.<SE
1898.
287.196
4.S16,612
106,445
120,931
76,120
„ 809,625
3,704,642
„ 91,380
2.367,7a4
1.144,724
23,514
wk Dec.
Oblo.St.P.M.&0. October.
170,433
1,894,090
699,438
68,000
49.800 1,523,875
35,000
30,000
702.319
31,000
30,000
61^,904
289,609 241.119 2,632,495
28,696
24,971 1,541,243
15,524
15,398
104,522
4.453,485 3,995,267 34,608,678
201,604 145,338 1,628.535
3b.421
33,183
365,150
69,932
57,071
524,814
16,493
5.673
101,098
16,954
18,982
49,985
42,627
365,831
2.734,125 2,498.492 27.615,156
136,116
132,509 6,578,025
10,561
9,642
30,906
1,315
1.585
10.136
58.328
58,310
550,760
8.3.204
65,225 3.88^756
82.6y6
80,063
649,581
96,048
112,382 4.635,411
652,0
566,000 27,564,415
129,ti54
127,854 5,483,091
68.168
62,f>93
597,458
1.396,723 1.221,991 13,707,90,=!
1.878.827 V. 493,976 13,237,872
45,033
45.718
562,019
Vloks.Sh.&P. Ithwk Nov
Allegheny Val. October
2dwk DeoAnn Arbor
Ark. Midland... October...
Atoh.T.&S.Fe.. October...
Atlanta & Char. September
Atl.Knox.&No. Nov'mber.
Bait. & Ohio....
Bal. &O.Boa'w
14,029
39,590
69,460
[
4thwk Nov
30,335
206,192
41,799
3,805
10,699
279,683
517.378
85,443
26,761
3,67.5,395
38,633,800
38,145,209
862,872
18,743,396
8,694,520
1,165,849
2,148,145
*1,658,326
44,757
4,576,404
298,784
14,766,524
1,878,991
M. & M.
Bast of Minn.
Montana Gent
Tot. system
87.538
771,716
734,577
173,900 9,210,913 8.266,827
25,874 1,539,405 1,441,392
33,935
448,150
612,238
30,815 2,296,449 1,720,575
138,285 1,640,623 1.411,544
3,116,148 30,2<i8,099 27,119.078
4,922
47,669
55,593
306,6h8
7,363
327,510
24,054 1,303,987 1,203,191
7.640
108,424
82,022
54,790 3,161.928 2 895,397
53,460 2,466,990 2,817,045
33,6C3 1,530,545 1,441,550
460,5C9
13.738
524,043
770
11,659
6,746
34,039 1,529.074 1.504.447
1.149,953
113.335 1,146,781
81,444
946,915
887,468
336,652
973.566
162,581 1,134,075
232,756
214,327
36,985
3,322
22,939
19,628
10,481
56,787
58,088
247,858 1,726,240 1,513,467
428,563 24,980.118 22,827,i'59
72,761 3,502,429 3,286,738
24,153
862,595
920,432
Nov'mber.' 2,309,345 2,171,071 19,760,316
Nov'mber.! 422,701 382,256 2,901,119
Nov'mber.] 214,139 166,582 1,830,242
Nov'mber. 2,946,185 2,719,909 24,551,677
14,136
B'UB'mnt&K.O Nov'mber.
23,550
257,250
4,544
enlf (bOhloago. September
5,728
Gulf & Ship Isl. September
225,606
Hooking Valley. 2dwk Dec.
56,941 3,381.715
89,958
5.455
HooB.Tnn.&Wll. September
5,581
42,894
Boiu.&Tez.Oes August
306,499 254,202 2,191,304
minolB Central. Nov'mber. 2,769,589 2,563,749 27,223,1,55
58,688
378,309
63,835
ed.Deo.&WeBt. August
d.IU.&Iowa. October...
65,885
847,974
92,708
98,794 3,801,012
iiu*Ot.North'n. 2dwkDeo.
90,875
wt Dec. 2.
73,720 3,566,200
Qnteroo. (Mez.)
71,900
Iowa Central... 2dwkDec.
38,782
42.951 2,162,301
IronBallway... Nov'mber.
4,551
6,719
57,362
Kanaw'a&MloD 2dwk Dec.
14,306
10,703
649,683
K.G.F.SooU<SlM. IstwkDec.
104,245
81,610 4,916,902
K.O.Mem. A Bir IstwkDec.
34.328
33.359 1.441.338
Lehigh & Hud..
Lehigh Val. RR
Leh. V. Coal Co
Lex'gton&East
Nov'mber.
October...
October
. .
October...
LonglslandRR Nov'mber.
Long Is. System. Nov'mber.
Los Aug. Term.. Nov'mber.
Lonls.Ev.&St.L idwkDec.
Lou.H.&St.L.. 2dwkDec.
Loulsv.&Nashv 'dwk Dec.
Macon ABlrm. Nov'mber.
Manlstlque
Nov'mber.
tMexlcan Cent. 2dwkDec.
JMex.Cuern <feP. July
Mexican Inter'i. September
tMex. National 2dwkDec.
Mex. Northern. September
tMexlcan R' way Wk Dec. 2.
Mexican So.
4th wk Nov
Midland Term'i. October...
Mlnneap.&St.L 2dwkDec.
2dwkDeo.
2dwk Dec.
Mo.Pac.&IronM 2dwkDec.
Central Br'oh. 2dwk Dec.
Total
2dwkDec.
MobUe&Ohio.. Nov'mber
M.8t.P.&S.8t.M,
Mo. Kan. & Tex.
Mont.&Mex.Q't Nov'mber.
Nash.Ch.&8t.L.. Nov'mber.
NevadaCentral. October
N.Y.C.&H.R.. Nov'mber.
N.Y.Ont.&W.. 2dwk Dec.
N. Y.Susq. A W. October...
Norfolk* West. 2dwk Dec.
.
.
Northe8'n(Ga.). September
North'n Central October...
North'n PaoUlc. IstwkDec.
Ohio River
2dwk Dec.
Om.Kan. C.&E. Nov'mber.
Omaha &
St. L. Nov'mber.
Oreg.RR.ANav. 4thwk Aug
Oreg. Sh. Line..
Pao. Coast Co..
PaclfloMall
Pennsylvania^.
October...
October...
October
October
.
. .
PeorlaDec&Ev. 2dwk Dec.
Phlla. Se Erie.
.
Phlla.&Read...
Coal<b Ir. Co.
Tot. both Co's.
Phll.Wllm. &B.
October
October
. .
.
October...
October
October
Pltta.O.C.&St.L. Nov'mber.
Pltt8.Be8.&L.E.
.
. .
2dwk
Dec.
Pitts.Llsb.&Wn Nov'mber.
Pitts.
AWes'n.. 2dwkDec.
Pitts.a.<teToi. 2 dwk Dec.
Pitts. Pa.
F. 2dwk Dec.
&
Total system 2dwk Dec.
lUoh.Fr'ksb&f. October...
Rio Grande Jet. October..
RloGrande So'n 2dwk Dec.
RloGr'de West. 2dwkDec.
Sag. Tusc. <fe H. Nov'mber.
St.Jos.&Gr.I... 2dwkDec.
8t.L.Chi.&St.P. Nov'mber.
St.L.Ken'et& So Nov'mber.
St.L.&SanFran. 2dwkDec.
St.L. Southwest. 2dwkDec.
StPaoIADul.. Nov'mber.
San.Ant.(&iA.P September
SanFran.&N.P Nov'mber.
S. FePres.&Ph. IstwkDec.
Sav.Fla.<feWe8t. October
. .
1,173
Sreat North'n—
St. P.
Jan. 1
to
Latest Date.
BO.VDS.
17,981,673
2,410,730
1,824,346
22,216,749
166.549
j
158,546
2,577,716
40.404
25.069,689
347,699
705,034
3,745,233
2,971,460
1,907,578
45,694
545,860
4,501,078
1.346.961
Sher.Shrev.&So. 4thwk Nov
SU. Sprs. O. & G October...
So Haven& E. October...
&
So. Miss.
Ark.
So. PaolJlc Co.
Nov'mber
1899.
1898.
1899.
$
43,225
29,355
3,691
5,361
96,335
81,636
49.294
46.638
79,882
60,500
36.489
40,797
2,228.-: 67 2,333,3 vie
2,396,214 2,198,756
23,983
29,208
319,143 318.973
326,856 328,598
6,067
7,370
36,943
30.572
11,100
9,999
547.135 455.900
6,700
8,317
2,796
6,897
331,875 305,524
25,000
271,379
357,011
132,502 129,794
58.837
58.307
83,50('
86,500
14,681
18,995
37,314
65,499
50,051
54,995
77,769
85,632
253,178 237.749
560,000 519,000
18,00'
21,000
581,000 537,000
e572.000 e431.30&
101.396
85,993
506,332
525,697
3.239
1,920
4,795,493 4,275,745
73,164
89.849
239.845 236.037
258.483 226,587
6.530
5.861
772.407 669,907
565,639 575.392
17,207
20,153
32,515
39,398
41.209
39,015
165,4h0 151,773
804,571
842.841
502,498 483.923
357.326
340,618
6,976,278 6.001.778
15,942
17,940
610,990 .506,922
2,517,143 2.214,018
3 389,460 2,342,422
5,906.603 4,556,440
885,281
991,981
1,652,986 1,473,6W0
34,W70
14,688
4,303
4,958
32 222
36,598
20,198
21,510
6,405,397
57,817
64,512
67,011
76.902
39.670
52.030
9,198
11,025
53,650
76,000
12,191
12,561
23,121
21.018
29,052
31,648
10,000
9.985
157.840 138,950
140.300 127,700
201,289
205,950
265.992 303,699
77,809
76.090
19,099
21,444
321,469
360,954
20,008
15,381
22.075
23,490
4,053
4.800
9,313
16,400
324.001
222,392
1,498,659
489,859
3,679,354
438,468
17,696,235
15,100,721
210,664
4,201,915
4,509,374
106,79T
1.714,957
569,159
24,696,776
62,298
77,731
14,712,226
253,671
3,413,647
6,672,370
602,192
4.161,500
684,279
500,388
2,693,151
4,477,02"
11,670.620
26,593.551
1.187,377
27.7 80,928
65,004,053
1,174,226
5,590,092
19,835
46,537,796
4,625,660
2,119,117
12,122,406
49,792
5,841,971
26,575,998
1,130,243
1898.
$
303,934
237,890
1,304,218
483,156
3,287,435
352,798
16,219.119
13,007,571
206,123
4,278,652
4,551,222
84,293
1,484,576
466,659
21,685,382
54,556
92,754
12,829,819
2,48'6."854
5,935,382
448,362
3,800,700
595.938
362,403
2,133,425
4,124,587
11,255.644
25,319,969
1,226,262
26,546,231
e 3,910,681
1,303,975
5,386,456
36,372
42,172,891
3,677,113
1,875,540
10,764,005
48,012
5,406,871
24,865,807
919,119
4,248,963
6,550,423
4,294,449
3,076,707
59,437,884
839,887
4,309,376
20,046.571
22,574,205
42,620,776
8,727.287
16,389,868
1,742.139
44,416
1,862 326
993,592
403,525
3.266,381
774,965
360.757
476,903
3,673.537
132,013
1.306,753
331,646
88,412
7,238,498
5,508,423
1,787,631
4,362,852
5,664,215
4,496,173
3,761,232
54,040,584
774,223
3.705,393
17,902,903
16,817,529
34,720,432
8,102,487
14,754,187
1,259,74»
42,562
1,714,307
1,028,931
367,451
3,119,388
709,626
876,409
848,466
809,823
773,746
3,233,705
333,893
265,375
38,699
3,487,699
3; 0,898
232.265
29,863
320,790
453,498
3,169,570
128.314
1,169,570
311,066
68,166
6,660,984
5,282,068
1,551,697
Gal.Har.& 8.A September 605,281 500,384 4,346,786 3,884.298
926,703
Louls'a. West September
110,859 108,035 1,022,269
Morgan'sL&T. September 574,840 481,907 4,852,545 4,625,211
242,602
202.805
38.049
N.Y.T. &Mex September
31,201
156,154 1,401,292 1,267.693
Tex. &N. Orl. September 158.663
Atl.Prop'tes.a September 1,528,044 1,330,472
So.Pac.ofOal. September 1,592,977 1,245,275 11,762,930 10.664,915
220,086 2,521,12- 2,291,909
So.Pao.ofAriz September 285,167
112,759 1,431,042 1,164,042
So.Pao.ofN.M September 155,421
Paolllo system September 4,290,293 3,443,006
Total of
all. 6
October... 6.069,841 5,007,459 49,853,279
653,090 581,237 26,755,363
38,562
1,826
1,793
320,899
12,945
15.321
2dwkDec. 199,4*8 212,017 7,806,188
7,800
14,000
Nov'mber.
34,2*2 1,917,321
dwk Dec.
45,66
978.775
17,851
18,209
2dwkDec.
42,918 1,882,137
37,192
2dwk Deo.
October . 2,507,431 2,237,301 17,750.564
2dwk Dec. 326.855 264,942 14,857,635
220,330 201,830 2,718.321
October...
96,146 1,185,203
113.142
Nov'mber.
226,877
35,318
33,644
August
564.653
66,241
70,473
October...
54,600 3,510,097
74 901)
2dwkDec.
27,622 1,632,177
38,205
2dwk Dec.
14,432
15,357
2dwk Dec.
42,054 (11,920937
53 562
2dwk Dec.
88,204 5,229,722
86,923
2dwkDec.
119,650
11,240
17,956
October
623,223 584,353
Nov'mber.
70054
7.660
8,253
October...
Southern Ry.c 2dwkDec.
Stony CI. AC.Mt October...
Texas Central.. IstwkDec.
Texa8& Paciflc.
Tex.8.V.<feN.W.
Toi.&OWoOent.
Tol. P. (fewest..
Tol.8t.L.&K.C
Union Pao. RR..
Wabash
W.Jersey&Sea'e
W.V.Cem&Pltte
WestVa.A Pitts.
Western of Ala.
West.N.Y.&Pa.
& L. Erie
Clev. C. & So.
Wheel.
Total
Wisconsin Cent.
WrigOT.w^.&Ten.
Yazooife MissVal
York .Southern.
<;
.
. .
44,615,172
24,072,176
35,224
363,294
7,486,394
1,766,683
932,479
2,022,985
15,843,115
13,104,983
2,349,521
1.059,283
248,284
523 645
2,953,812
1,407,482
d 1,662994
4,681,881
73,109
6r.?93
b In
a Includes earnings from femes, etc., not given separately, aouseludes the Paoitlc system and the Atlantic properties, but not the
&
ton A Texas Central system, c These ttgures Include South Carolina
Georgia after May 1 and Atlanta & Danville after Septeinber 1 in both
only eReyears, d Includes Clev. Canton & Southern ."-om Aug 16
but not for iH»a,
sults on Montgomery Division are included in 1899,
*Figuresfor Nov'mber are for the railroad only.
rTK.„„„«
western, Ohio Valley and Ohloago
t Includes Chesapeake & Ohio So'
on Yazoo Branch excl uded to
and Texas for both years. Results
currency,
k CovX Mexican
1899 but Included in 1898 untU July 1.
ers results of Jlnee directly operated east of Pittsburg.
December
THE CHRONICLE.
23, 1899.J
—
Latest Gross Earnings by Weeks.—The latest weekly earnings in the foregoing are separately summed up as follows:
For the second week of December our preliminary statement covers 66 roads and shows 1209 per cent increase in the
aggregate over the same week last year.
2d week of Dec.
Alabama
1899.
$
Gt. Southern..
44.901
28.696
136.116
83,204
652.000
129.654
1,913
Ann Arbor
BaJt. & Oblo Southwest.
Buffalo Roch. A Pltssb'g.
Canadian Paolflo
Central of Georsrla.
—
Chattanooga Soithem..
Chesapeake & Ohio
237,19tf
Ch oaf &
Eaat. lUlnoiB
Ohio. Great Western
Ohlclndlao'lls di Loulsv.
Ohloaeo Mllw.
W
<t St.
106.445
120.931
76.120
80^.625
39.996
92,447
346.022
38.039
22.183
193.70C
25,26 i
47 928
6.541
27,352
60.222
34,408
9.724
34,3b9
Paul
Miohipan.
Ohloajco &
Cin. N. Oris. & Tex. Pao..
Clev. Cln. Ohio. A St. 1...
Olev. liOraln <» Wheel'g..
Col. Sandusky & Hock'g.
Denver A Rlo Grande...
A Western
Duluth So. eihore A At...
Evansv. A Indianapolis..
Evansv. A Terre Haute..
Det. Gd. Rap.
Flint
& Pere
Ft. Worth
Pt. Worth
Marquette..
A Denv.
A Rlo Grande.
Gteorgla
Brand Trunk
>
Chlo. A Grand Trunk >
AM
Det. Qd. H.
Hooking Valley
Intem'l
1893.
A
1.210
703
269,637
100.15106.069
61,732
785.071
17.559
6,287
14,862
14.383
24,554
6.795
17.878
33,929
11,888
8,553
19.800
33.201
74,569
312.093
26,151
13.630
173,901
25.874
30.815
7,363
.... ....
609
17.113
822
24.niS4
3,298
5.432
54.790
33 603
13.738
34.039
805
4,014
360
428.563
88,815
89.958
90.875
38.782
14.306
3.691
79.882
36,94d
11.100
547.135
331,875
13^.502
54,995
85,632
25i.l73
560,00u
21.000
...
Mlohlcran...
Kansas City & Omaha
Lake Erie A Western
Loulsv. Evansv. A St. L
.
.
Hend.A
Loulsv. A Nash
S
5.311
3,725
3,607
17.979
86.000
1,800
517,378
Iowa Central.
Louisville
«
39.590
24 971
13 2,509
65.2^5
566.000
127.854
Decrease.
56.911
33,017
St. L..
Mexican Central.........
Mexican N atlonal
Klnneapolls A St. Louis.
Minn. St. P. A 8. Ste. M.
Mo. Kansas A Texas
Mo. Pacific, Iron Mt
Central BranoU
K. Y. Ontario A Western
89849
Korfolk A Western.
Ohio River
Peoria Deo. A Evansv...
258,48
20.153
17,940
34.870
64,512
11.025
76.000
21.018
157,840
140.300
653,090
199.448
45.660
18,209
37.192
-i
Plttsb.Bess. A L. Erie...
PlttsburK A Western
Rlo Grande Southern
Bio Grande Western
Bt. Joseph A Gd. Island.
St. Louis & San Fran ..
at. Lonls Southwestern.
Southern Railway
Texas A Pacltlo
Toledo A Ohio Central...
Toledo Peoria A West'n..
Toledo St. L. A Kan. Cltj
326 855
Wabash
West N. Y. A Penn
Wheeling A Lake Er<«.
Clevel'd Canton A So..
74.9J0
38,205
15 357
86 923
.
Wisconsin Central..—...
Total (66 roftdsi
Netlnorease 1209
8,712,033
7919
98,794
42.95 i
10.703
5.361
4,169
••—
3,603
60.3 00
19.382
6,371
30,572
9.999
455,900
30),524
129.794
50 051
77.76
237.749
•>•••*•
l.lOl
91.235
26,^51
2,708
4.944
7.863
15.424
41.000
3,000
16,6^5
31,896
2.946
519,001.
18.000
73,164
226,587
17,207
15,942
14.b88
........
1,998
20,182
6,695
1,827
22,350
57.8 7
9.198
>
53,630
23,121
138,950
127,700
581,237
212,017
34.282
.
-
-
•*—
2.103
-..
18,890
12,600
71,853
• •••>
•..
.,_.
12,569
11,378
358
17,851
42,918
264,942
54,600
27,62V
14,432
. .
-•-••
.
5,726
61,913
•20.300
10,583
925
88 2J4
1,2 si
980,819
9^9.937
7,772,146
--
P.O.).
1,670
>a
> B
40,882
Net Earnings Monthly to Latest Dates.— The following
•hows the gross and net earnings to latest dates of all Steam
railroads furnishing monthly statements. The compilation
includes every road from which we can get returns of this
character, and in that form is given once a month. Early returns arf published from week to week, as soon as issued, biit
for the convenience of our readers all the roads making rtturns are brought together here in the week in which we publish oui monthly article on net earnings— say on or about the
30th of the month.
The returns of the street railways we give by themselves
under a separate head at the extreme end of these tabulationa
— see page 1296.
,
Gross El irnings
1»98.
1899.
Roads.
,
Net Earnings.
1899.
1898.
>
$
14,02ft
3,109
6.643
17,369
63,892
179.090
58.302
170.433
Jan. 1 to Oct. 31
.T 1,754
154,4'?9
67,826
2 0,449
Alabama Gt.So'th. a.. Oci.
398.172
475,324
1,606.201 1,426,457
Jan. 1 to Oct. 31
•233,716
193,244
589,983
709.701
July 1 to Oct. 31
1.%170
15,618
69.460
86,465
Alabama Mldland.b..Oct.
153,965
114,451
715,024
f 99,438
J&a. 1 to Oct. 31
81,066
68,834
308,235
29i,931
Julyl to Oct. 31.
114,846
100,135
241,119
289.609
AUegheny Valley. b.. Oct.
929,613
944,120
2,632,495 2,2 11,473
Jan. 1 to Oct. 31
26 908
19,378
126.850
147,334
Oct.
Ann Arljor.b
260.308
355.640
Jan. Ito Oct. 31.... 1,352.348 1,215.602
9,130
7,18 7
15,398
15.524
A.rkan8a3 Midl'd.b..Oct
_ _
8,786
94,660
6,490
104,522
Jan. i to Oct. 31
.
AtOh.Top. AS. Fe.b.Oct. 4,453,485 3,995,267 11,938,767 11,515.565
Jan. 1 to Oct. 31. ...34,608.678 31.980,293 12,168,530 8.014,358
Julyl to Oct. 31. ...15,182,812 13,191,956 t5,6S0,996 t3,533,982
5.036
13.641
31.808
40,086
AtLKnoxv. ANo....Oct.
53,300
75,962
262,902
328.729
Jan.l to Oct. 31....
26,880
57,071
„37,030
69.932
Atlan.AWestPt.b..Oet.
177,980
206,319
474,997
524.814
Jan. 1 to Oct. 31....
86,184
2Jl,870
108,707
227,138
July 1 to Oct. 31....
Aairondack a
Oct.
,
—
Urost Jiaruxngs.
1899.
1898.
.,
Net Mamiiiga. —»
1899.
1898
Roaas.
$
$
$
$
Danv.a.-.Jtdy
49.985
42,627
13.216
8.564
Jan. 1 to July 31....
365,831
323.236
108.538
83,766
Austin A Nortw'nb. Sept.
16,954
18,982
3,637
9,804
Bait. A Ohio. b
Nov. 2,734,125 2,498,492
898,149
624,003
Jan. 1 to Nov. 30.... 27,615. 156 26,013,0^9 7,868,538 6.636.978
July 1 to Nov. 30.. ..14,060,164 12,415,845 5,114.515 3,153,189
Balt.AOhloSouth.b.July
567,752
507,234
152,665
91,395
Jan. 1 to July 31.... 3,740.748 3,922.552 1.003,672
940,882
Bath A Hammonds.. Oct.
10,561
9.642
8.567
7,651
Jan. 1 to Oct, 31
30,906
27.118
15,858
10,890
July Ito Oct. 31
19,998
17,0'iO
12,847
10.059
Brunswick &Wesr.b. Oct.
58,310
58,328
18,656
17.385
Jan. 1 to Oct. 31
515,029
550,780
173,360
132.272
July 1 to Oct. 31
240,233
216,788
83,737
63,215
Buft. R. APlttbs.b-.Oct.
425,838
349,672
173,239
118,183
Jan. Ito Oct. 31
3,310,461 3.182,164 1,235.360 1,132.100
July 1 to Oct. 31
1,513,973 1,375,916
580.766
485.603
BuflaloASusqueh.a.Oct.
82,696
80,063
44,461
20.460
Jan. 1 to Oct. 31....
649.581
549,000
237,284
186,412
July 1 to Oct. 31....
297,088
280.198
154,077
83.612
«url. Ced. R.ANo.a.Oct.
555,021
497,913
170,665
170.136
Jan. 1 to Oct. 31.--. 4.093,073 3,714.709 1,075,983 1,177,640
lanadlan Pacific. a.. Oct. 3,084,605 2,688,730 1,411,016 1,255.845
Jan. 1 to Oct. 31.... 23,282.415 20,943,362 9.571,948 8,115,752
Cent, of Georgia. a... Oct.
610,706
649,892
254,545
300,428
Jan. 1 to Oct. 31
4.640,461 4,438,807 1,340,919 1,418.517
July Ito Oct. 31
2,026,820 1,974,754
712,393
720,488
Central New Eng
Oct.
68,168
62,593
16,269
25,434
Jan. 1 to Oct. 31....
597,458
527,993
145.633
155,814
Julyl to Oct. 31....
257.606
223,361
50,431
78,217
Cent. ofN.Jersey.a.Nov. 1,396,723 1,221,991
644,846
557,514
Jan. 1 to Nov. 30... 13,707,&05 11.551,422 5,678,953 4,593,345
Central Paclfic.b... Sept. 1,878,827 1,493,976
896.747
655,676
Jan. 1 to Sept. 30.. ..13,237.872 11,658,334 5,499,258 4.483,581
Julyl to Sept. 30.... 5.369.437 4,250.118 2.525.223 1,795.733
Char. A Savannah. b. Oct.
45.033
45,718
6.406
4,542
563, "iSS
Jan. 1 to Oct. 31
562,019
144,489
106,441
July 1 to Oct. 31
166.798
177,033
11,180
6.164
,''.493
Chattan'ga8outh.a..Oct.
8,839
def.1.582
def.287
Jan. Ito Oct. 31. ...
66.304
57,582 def.16,1 58 def.5,764
Chesap. A Ohlo.a....Oct. 1,176,598 1,035.494
371.320
364,070
Jan. 1 to Oct. 31....10,z07,839 9,848,360 3,223,725 3.^05,517
July 1 to Oct. 31.... 4,456,700 4.107,590 1,467,950 1,432.283
Chic. Burl. AQuln.b. Oct. 4,816.612 4,fc34,208 2,339,315 2,230,120
Jan. 1 to Oct. 31.... 37.7 ='0,042 35,556.305 14.529.^^61 13,442,078
July 1 to Oct. 31....17,672,81ii 15.704.554 7,549,569 6,600,054
Chlo. A East. ni.b... Oct.
488,098
414,9^4
238,763
201,276
Jan. 1 to Oct. 31.... 3,982,364 3,510,694 1,82:', 520 1,493,157
Julyl to Oct. 31.... 1,764.790 1,511,571
848,775
689,351
CMo. Gt. West' n.b.. Oct.
649,691
543.529
243,635
203,824
Jan. 1 to Oct. 31
5.290.t04 4,607,306 1,801,286 1,460,363
July 1 to Oct. 31
2.394.809 2,012,741
914.708
734.305
Ohio. Ind.A Louis. a. Oct.
370,946
307,542
152,996
106.971
Jan. Ito Oct. 31.... 3.171,857 2,775,351 l,176,al3
817,616
July Ito Oct. 31.... 1,454,034 1,235,043
618,781
436,744
Ohio. M. A St. P.a... Oct. 4,327,691 4.078,457 1.690,504 1.919,975
Jan. 1 to Oct, 31... 32,948,543 29,085.002 11,062.165 10.775.646
July 1 to Oct. 31.... 14,968,263 13,325,621 5,221,612 5,320.635
Chlo.RI.APao.a.d.-Oct. 2,367,734 2,181,858 1.004,960
943,029
Jan. 1 to Oct. 31
18,743,396 17,772,645 6,845,259 6,580,766
Apr. 1 to Oct. 31. ...14,038,162 13,000,146 5,177.253 4,731.859
101,714
Chic Term. Transf.b. Oct.
110.073
63.652
61,426
Jan. 1 to Oct. 31.... 1,034,264
971,695
648,402
6lH,02l
July 1 to Oct. 31 ..
417,034
403,431
260,584
247,223
Ohio. AW.Mloh
Oct.
216,998
202,506
61,485
59.116
Jan. 1 to Oct. 31.... 1,379,850 1,644,375
419,461
362,164
Choctaw Okl. A G.b -Oct.
204,994
184,087
80,132
85,731
Jan. 1 to Oct. 31.... l,52-<,0o0 1,316,730
516,549
459,806
Nov. Ito Oct. 31.... 1,959,092 1,634.932
716,902
597,; 91
01n.N.O.ATex.P.a..Oct.
459,207
408.332
128,402
139,818
Jan. 1 to Oct. 31.... 3.949,373 3,863,478 1,318,1)86 1,326.194
July 1 to Oct. 31.... 1,728,891 1,675.236
602,737
589,677
33,448
Cln. Ports. A Va.b-.Oct.
25,694
5.330
13,063
267.095
Jan. 1 to Oct 31
231.703
79,593
48,278
July Ito Oct. 31.
127,924
106,405
46,829
32,126
Clev.ClB.C.ASt.L.a.Oct. 1,543,686 1,325,216
520,297
379,315
Jan. 1 to Oct. 31... 12.604.436 12,080.499 3,547,969 3,160,102
5,668,322 5,181,245 1,738.324 1,505,760
July 1 to Oct. 31
173,870
69,297
PeorlaAEast'n a. Oct.
210,187
37,700
450,223
355.379
Jan. 1 to Oct. 31.... 1,674,488 1,660.350
750,478
629.544
224,314
141.975
July 1 to Oct. 31....
131.703
Clev.Lor.AWheel.a.Oct.
168.862
38,808
34.825
196,435
159,437
61,757
Colorado Midland. ..Oct.
40.349
295.441
226,727
Jan. Ito Oct. 31.... 1.464,498 1,349,308
080,479
580,094
181,354
113,412
Julyl to Oct. 31....
417,652
132,067
Colorado A So... b... Oct.
96.'>,556
Jan. 1 to Oot. 31.... 3,248,690
4^4.858
July 1 to Oct. 31... 1,444,134
73.108
74,312
18.678
8,725
Col. Sand. AHook'g.July
def.212
221
1,173
def.183
Orjstal
.Oct.
87.538
31,192
91,892
39.834
nmberland Val.b...Oct.
771,7i6
734,577
271.672
212.402
Jan. 1 to Oct. 31
893,3T2
3i<4 769
98u,035
385.685
Uen. 4 R. Grande. b. Oct.
7.903,313 7,076,127 2,t04,06i 2,906,244
Jan. 1 to Oct. 31
July 1 to Oct. 31.... 3,505,943 3,2u8,668 1.388,175 1,367,560
155,'-44
51.253
141.735
38,814
Oet.Gr. Rap.A W..a.Oot.
296,795
279,433
Jan. 1 to Oct. 31..-. l,35b,913 1,265,442
51,7=i7
33,935
7.603
4,991
Detroit A Mack'o.a..Oct.
220,348
1 54.343
612, -'38
448,150
Jan. 1 to Oct. 31...
'251.675
166,627
79,363
30,430
July 1 to Oct. 31....
170,P98
150,781
73,004
63,549
Eljiln Jollet A E.a...Oot.
634,563
495,937
1.496,658 1,273,259
Jan. 1 to Oct. 31
515,757
633.996
280,735
199,602
Julyl to Oct. 31
997,630
Erle.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
July 1 to Oct. 31. ...13,781, 506 11.619,180 4,187,089 3,586,281
4,922
6,560
3,871
Oct.
2,315
Bnreka Springs
47,669
31,129
55,593
19.331
Jan. 1 to Oot. 31
21,746
18,482
28.485
9.865
July 1 to Oct. 31
Atlantic
>
Gt. Sorth'n
Kanawha A
Increase.
129H
A
.
.
Evans. AIndlanap..Oot.
July Ito Oct. 31....
35,289
134,370
29,387
121,498
14,953
58,146
9,765
46,612
Evans. AT. H
Oot.
July 1 to Oct. 31
132,151
516,212
112,212
442,495
50,008
234,495
49,218
210,093
iHE CHRONICLE.
1294
— OroM Earnings.
1899
Jioads.
FlndlayFt.W.iSrW.b Sept.
1898.
.
/
yei Kar Titng*.
1898.
*
def. 1.784
2,510
147
10,968
4,859
8,998
87,4<'5
88,099
.
.
1899
11,545
8,257
66.7S7
Jan.ltoSept. 30....
86,219
July 1 to Sect. 30
37,156
27,353
FllntA Pere Marq.a..Oot.
306,905
289.923
Jan. 1 to Oct. 31
2,748,958 2,506,510
644,502
654,410
Pt.W. &Der.City.a..Oot.
175,506
170.658
42.140
28.002
Jan. 1 to Oct. 31
1,294,206 1,183,390
272,600
358,757
Ft.Worth&RloG.b. Oct.
52,111
83 929
26.33^
55,350
Jan. 1 to Oct. 31
18 ',600
39?.348
149,0^5
420,700
July 1 to Oct. 31
157.671
19y,t99
64.747
103.700
eadsden & Att. Dd.Nov.
1.755
712
313
770
Jan. 1 to Nov. 30....
11,659
4,919
2,Oo5
6,746
Qeorida.a
164,304
.Oct.
177,727
g75.992 g 74.694
Jan. 1 to Oct. 31
1,320,772 1,276.432
414.515
294 231
July 1 to Oct. 31
544,864
543,156 gl86,590 g 158,854
Ga. & Alal)ama.a...Oct.
119,439
134.656
48,612
35,875
Jan. 1 to Oct. 31
1,0'^3,208 1,036.618
253.381
271,657
July 1 to Oct. 31....
449.388
443,215
134.388
147,929
ea. Boutb. & Fla.a..Oot.
101,521
30.030
85.734
33,983
Jan. 1 to Oct. 31
843,566
222.252
235.675
806,024
Julyl to Oct. 31....
376,331
323,806
113,2 68
100,326
GUa Val.Globe & No. Oct.
30.335
20,663
Jan. 1 to Oct. 31
336,652
224.320
Gr. Rap. & Ind.a... July
279,683
67,197
247,858
67,658
Jan. 1 to July 31
1,726,240 1,513,467
440,599
352,373
Gr. Trunk of Oan
Oct. 2,065,385 1,860.297
787,903
703,219
Jan. 1 to Oct. 31. ...17.4P0,698 15.960,477 6.215,1.'=.9 5.564,451
Julyl to Oct. 31.... 7.809,174 6,851.496 2,881 669 2,508,951
Chic.& Gr. Trunk.. Oct.
342,122
309,876
46.992
25,306
Jan. 1 to Oct. 31
3,175,651 2,994,244
419,286
603,799
July 1 to Oct. 31.—. l,'.i5D,364 1,162,519
162,461
205,487
Det.Gr. H. &Mil.,.Oot.
92,465
90,358
37,473
26.805
Jan. 1 to Oct. 31
829.593
782,053
219.054
184,200
July 1 to Oct. 31....
390,806
361,238
145.963
110.758
Gnlf AChloa«?o
Sept.
4,544
5,728
2,781
1.792
Hocking Valley a.. Oct.
392,934
244.960
169,173
75.272
Julyl to Oct. 31
1,389,778
910,646
564,861
290.924
HouBt. & Tex. Cent. Auk.
306,499
254,202
91,200
78.873
Jnlyl to Aug. 31....
519,328
467,687
133.600
90,769
minolB Central.a.:..Oot. 3,012.461 2.466.737 1,137.239
70,418
Jan. 1 to Oct. 31. ...24,463,566 22,505.940 7,522,463 6,679.h57
Julyl to Oct. 31.. ..10,748,631 9,275,421 3,413,558 2,637,797
Indiana Ill.AIowa.b. .Oct.
92.708
65,885
30,054
23,289
Jan. 1 to Oct. 31...
847,974
705,034
302,732
269.932
Julyl to Oct. 31....
346.942
260,551
103,133
92,578
Iowa Central. b. .. Sept.
236,115
208,510
84,784
69,302
Jan. 1 to Sent. iO... 1,668,977 1,43 <f. 779
560,187
361,938
July 1 to Sept. 30...
656,950
533,979
246.415
105,319
Iron Railway, b
6.101
Oct.
4.339
3.584
def.: 93
Jan. 1 to Oct. 31
50,643
41,143 def.6.010
13,071
23,040
July 1 to Oct. 31....
15,402
3.558
11.737
Kanawha <fe Mlob.b..Oot.
66,189
54,476
18.209
17,238
122.1<'4
559.480
474,600
Jan. 1 to Oct. 31....
129,466
July Ito Oct. 31....
239,758
206,027
55.369
62,943
547.124
439,889
186537
M.a..Oct.
144,143
Kan. C. Ft. 8.
Jan. 1 to Oct. 31.... 4,327,3^2 4,024 743 1,361.638 1,254,335
July Ito Oct. 31.... 2,t 04,637 1,587.297
666,788
514,613
164,203
123.672
57.263
34,433
Kan. C. Mem.A B.a..Oct.
337,423
26^,150
Jan. 1 to Oct. 31..., 1,5 61,493 1,172.994
536.604
406,097
73,2rfl
Julyl to Oct. 31....
150,5
314.543
375,364
185.791
149,123
L. Erie & We8t'D.b..Oot.
Jan. 1 to Oct. 31
3,176.317 2,880,040 1,422.697 1,198,765
Lake Sh. <fc Mich. So.a—
Jan. 1 to Deo. 31. ...23,417,971 20,753.683U7.560,2891i6,825.6e4
Lehleh VaUej in N. Y.b.
633.697
July 1 10 Sept. 3o .. 1.764,472 1.628.478
176,020
254,ti40 1,317,897
Jan Ito Sept. 30.... 4,113.407 4,026,678
*629,637
Lehigh Valley RR... Oct. 2,228,767 2,333,326
951,072
Jan. 1 to Oot.31.... 17,696,235 16,219.ll« *3,61 1,201 4.612.829
Deo. 1 to Oct. 31.... 19,487.229 17,758,231 ^3,996.344 5,0 6.909
Lehigh Val. Coal Co.. Oct. 2,396,214 2,198,756
80.340 df 91.030
Jan. 1 to Oct. 31 ... 15,100,721 13,007,571 df.351,t82 dl.9o7,347
16,871.534 14.427.485 df.437.553d.l,040,770
Dec. 1 to Oct. 31
23.983
29,208
Lexing'n & East. b... Oct.
10,756
8,714
210,664
206,123
Jan. 1 to Oct. 31
76.822
78.411
4.i.484
Oct. 31
96,981
10u,322
July 1 to
41.441
213.882
472,489
579,279
168.634
Long Island RK.b.. Sept.
3,502,688 3,564,228
973.. 82 1,174.110
Jan. Ito Sept. 30
640,863
748,820
Julj Ito S pi. 30.... 1,595,543 1,726,685
500,843
609,627
180.720
230,026
LonglBl'dRR Sys.b Sept.
Jan. Ito Sept. 30.... 3,790,830 3,815,497 1,066,248 1,259,465
74ti,517
841,786
July Ito Sept. 30.... 1,769,002 1,878,513
50.374
43,544
16.496
14,290
Louis. Hen.&Ht L.bKSov
.•^46,540
447.491
177,183
109,387
Jan. 1 to Nov. 3o
272,626
213,0o0
100,343
60,358
Julyl to Nov. 30....
811,202
901,906
LonlBv. & NaBtiv.l)...Oct. 2,510,805 2,10?,886
Jan. 1 to Oct. 31.... 21,167 936 18,661,093 7,03»,200 5,809,638
July 1 to Oct. 31.... 9.294.251 7,738,265 3.180,370 2,645,103
826
2,019
7,418
7,560
Macon & BlrmlDg...Oct.
53,981
47,856 def.3,989 def.6,581
Jan. 1 to Oct. 31
21,714
def.569 def.3.102
Julyl to Oot.31 ...
23,167
6,.'S43
4,214 def.1.401 def. 5,840
Oct.
Manlstique.
20.463
def.645
70.834
89.958
Jan. 1 10 Oct. 31
449,364
47«,596
Oct. 1.411,849 1.2? 6.907
Mez<oan Central
Jan. 1 to Oct. 31... 12,629 bl3 10.974,7^1 4,039,869 3,372,164
def. 7,500
Mex.Cu'nav'cA Pao.July
25.000
253,671
9,061
Jan. 1 to July 31
1'7,290
357,011
121,080
271,379
Mex. International Sept.
986,156
Jan. 1 t< Sept. 30
3.413,647 2,486,854 1,401,456
634,199
575,561 c317,316 c310,90s
Mexican National. ..Oct.
Jan. Ito Oct. 31..
5,821,774 5,126,887 c2,800.036 c2,39l,9-9
23.201
31,125
58,307
58,837
Mexican NorTherr..Sept.
448.3t)2
257,605
241,148
602,192
Jan. 1 to Sept. 30
91,244
July 1 to Sepi. 30....
178,910
170.835
72,134
Mich. Cent. & Can. So.—
Jan. 1 to Dec. 31
15,280,000 13,924,000 3,506,000 3,499,000
16,238
Midl'd Terminal, b... Oct.
65.499
37,314
30,979
68,117
116,119
July 1 to Oci. 31...
236,810
145,918
114.560
149,477
Minn. & St. Loui8.a..0ot.
30S,464
234,535
709,739
887,549
Jan. 1 to Oct. 31
2,323,706 1,804.353
Julyl to Oct. 31.... 1,064,&94
457.176
353,868
801,407
31«.660
253,12t
M. St. P. AS. 8. M.... Oct.
510,768
562,083
Jan. 1 to Oct. 31
3,780,149 3,473,73J 1,782,532 1,543,009
Julyl to Oct. 31
749,699
1,868,215 1,647,352 1,008,334
•;
(!tr
[Vol. LXIX.
Oross Earnings.
1899.
1898.
.
Roads
$
Mo.Kan. & Texas.a..Oct. 1,448,203 1.538.523
Jan. 1 to Oct 31..., 9,827.066
Julyl to Oct. 31.... 4.744,226
Mobile &Ohio.a.e... Oct.
527,041
July 1 to Oct. 31
1,976,770
Mont. & Mex. Gulf... Oct.
113.199
Jan. 1 to Oct. 31.... 1,088,233
Nash Ch. <fe St. L.b..Oct,
590,471
Jan 1 to Oct. 31
5,064,395
Julyl to Oct. 31
2,181.114
Nevada Central
1 9'20
Oct.
Jan. 1 to Oct. 31
19,835
Julyl to Oct. 31....
9.125
9,469.122
4.456,357
398.508
1,407.398
108,221
1,202,579
540,763
4,880,124
2.144,404
3.239
36,372
12,140
.
Net Earnings.
1898.
1899.
.
$
750,219
581,301
2,923,769 2.875,5f0
1,664,724 1.742,944
178,717
207,721
517.500
637,515
21,253
35,381
393,598
260,324
22S.424
211.483
1,558.722 1,780,244
856,924
774 850
1,201
def. 44
12,«23
374
2,755
1,928
New York Central1 to Dec. 31. ...28,395.800 24,405,148 11,404,300 9,217,065
Oct. 1 to Dec. 31.... 14,201, 4o0 12,643, v49 5,691,500 4,696,621
Jan. 1 to Dec, 31 .. 50,937,826 46,166,290 19,574,838 16,449.848
110,182
N, Y. Out. & West.a.-Oct.
368,327
141,303
454,265
858,994
4,040,695 3 189 760 1,361.340
Jan. 1 to Oct. 31
447.476
652,447
Julyl to Oct. 31
1,840,177 1,457,706
107,322
115.188
2'6,037
N. Y. Sub. &Weat,a..Oct.
239.845
840.625
88'',678
Jan. 1 to Oct. 31..., 2.119,117 1.875.540
390,404
441,543
804,588
929.903
July 1 to Oct. 31....
400.304
491.476
Norfolk AWest'n.a.. Oct. 1,204,948 1.071,157
Jan. 1 to Oct. 31. ...10,510,503 9,3B4,599 3,637.216 2,804,346
July Ito Oct. 31.... 4,623.871 3,900,632 1,825,517 1,338,607
2,007
6,530
1,251
5.861
Northeastern of Ga. Sept
2.205
1,317
48,012
49,792
Jan. I to Sept. 30
3.276
1,975
15,531
15,294
Julyl to Sept. 30...,
242.973
6*^9,907
296.473
772.407
Sorthern Central. b.. Oct.
July
5.841.971 5,406,871 1,493.178 1.509,678
Jan. Ito Oot.31
Northern Pacific. b.. Oct 3.368.951 3,049.318 2,028,153 1,8*4,606
July 1 to Oct. 31.... 11,439,966 9,951,372 6,418,529 5,698,622
41,978
65,289
128.595
98,105
Oct.
Ohio River. b
279.330
407.817
801,646
970.129
Jan. 1 to Oct. 31 ...
Pacific Coast Company -See Miscellaneous Companies.
PennsylvaniaLines directly operatedEast of Pitts. & E..Oot. 6,<'76.278 6,001,778 2,637,lfO 2.244,600
59,437,884 54,040,584 17,54.,507 16 972.207
Jan. 1 to Oct, 31.
2.700
Deo.
Ino. 657,100
West of Pitts. & E..Oct.
Ino. 1,267.900
Inc. 4.542.300
Jan. 1 to Oct. 31
14,731 def. 8.100
73.255
83.459
Peoria Deo. & Ev.b.Sept.
52,862
98.271
600,439
645,772
Jan. 1 to Sept. 30....
197.242
271,713
610.990
506,922
Oct.
Phlla. & Erie.b
Jan. 1 to Oct. 31 ... 4.309.376 3,705,393 1,360.471 1.141,438
,- _
Phlla. & Reading. b.. Oct. 2.517,143 2,214,018 1,06 ',921 1,042.110
Jan. 1 to Oct. 31.. 20,046,571 17,902,903 7.403,654 7,«52.716
Julyl to Oct. 31.... 9,038,471 7,802,231 3,536,359 3,411,672
7 03.106
390,718
Coal & Iron Co. b.. Oct. 3.389.460 2,342,422
1 17,366
Jan. 1 to Oct. 31. ...22,574,205 16.817,529 1,126,175
469,249
Julyl to Oct. 31. ...11.251.743 7.290,858 1,028.177
Total both Go's. b.. Oct. .1,906 60:< 4,556.440 1,453,639 1,145.216
Jan. 1 to Oct. 31. ...42,620,776 34,720,432 8,529,829 7,570.081
July 1 to Oct. 31....20,290,vil4 15,093,039 4,564.536 3,870,921
19,649
19,973
...
.
Reading Com p'yb. Oct
67.192
79.292
July 1 to Oct. 31
1,473.612 1.164,865
-~
Total all Comp'B.b. Oct.
4,643.828 3,9J8,113
July 1 to Oct. 31
262 836
528,830
885,281
991,981
Phila.Wilm&Balt.b.Oct.
8,727,287 8,102.487 2,854,122 2.283.922
Jan. Ito Oot.31
10.392,449 9,601,249 3,353.421 2,680,421
Nov. 1 to Oct. 31
472,635
481,074
Pitts. C.C.&St.L.a.Nov. 1.652,936 1,473,690
Jan. Ito Nov.' a'o..., 16,389,868 14,764.187 4,477,531 4,283,497
1,556
2,230
4,154
4,689
Pitts Li8b.& West.. Sept.
8,909
12.939
33.689
34,787
Jan. 1 to Sept. 30....
PittB.Shawmut&No..Nov.
Aug. Ito Nov. 30....
28 049
104.810
101,515
97f 044
397,726
37,530
311,019
134,246
f 15,609
f 108,227
fll7,858
25,301
195,442
89,030
101,679^
Louis & San Fr.b..Oct.
Jan, 1 to Oct. 31....
July 1 to Oct. 31
St.Louis Southwest. Oct..
Jan. 1 to Oct. 31....
July 1 to Oct. 31
St. Paul & Dulutb.a..Oct.
Jan. 1 to Oct. 31....
July 1 to Oct. 31 ...
Sao Ant.A Aran.P.b.Sept.
July 1 to Sept. 30
San Fr. & N. Pao.a.Oct.
Jan. 1 to Oct. 31
Julyl to Oct. 31
770.473
6,270,434
2.788,261
601.597
387,197
299.652
2.7^3.726
1,163,465
67,011
709,626
264,538
39,670
320,790
354,497
44,402
389.257
171,851
336,892
2.741,301
1,183,242
139,373
1,012,707
439,851
711,206
5,714,723
2,438,002
666.455
4,379.263
1,972,706
192,201
1,350,408
662.812
303,699
597,826
94,755
732,014
363,082
danta Fe Pres. A Ph. .Oct.
85,892
750.522
305,650
80,530
687,742
289.681
50,007
378,313
167.595
360,954
Sav. Fla. A West.b .Oct.
3,233.705
Jan. Ito Oct. 31
1,293,362
July 1 to Oct. 31
321,469
3,487.699
1,426.386
111.110
801.948
295,946
68,107
1.017.303
22,075
232.265
99.824
12,652
165,324
64,390
12,164
139,354
61.178
500.384
605,281
''Sll.Har^AsL'I.A-b.Sept.
Jan. 1 to Sept. 30 .... 4.346,786 3,884,298
Julyl to Sept. 30... 1,524,895 1,279,871
252,403
996,993
446,003
196,926
953.853
362,588
A West'n.b..Oct. 321.430
Jan. 1 to Oct. 31.... 2,850.530
Julyl to Oct. 31... 1.244,980
Plttsb'g
—
76,902
Oct.
aioh. Fred. & Pot
774,9^6
Jan. 1 to Oct. 31
292.790
Julyl to Oot.31
62,030
Rio Grande Junct'n..Oot.
360.757
Jan. 1 to Oct. 31....
392.859
Deo. 1 to Oct. 31 ...
49.164
Rio Grande South. b. Oct.
404.062
Jan. 1 to Oct. 31....
178.413
July 1 to Oct. 31 ...
428,153
810 Grande West. b.. Oct.
3,141,162
Jan. Ito Oct. 31
1,514,919
July 1 to Oct. 31
133,2 27
8t. Jos. &Gd. rRl.a...Oct.
1,149,641
Jan. 1 to Oct. 31
541,413
Julyl to Oct 31....
—
St.
Jan.
July
1 to Oit. 31....
1 to Oct. 31
aUv.Sp.Ooala A G.b..Oct.
M
...
to Oct.
July Ito Oct. 31...
Jan.
1
4.632,:^23
2,009,595
229,064
1,5n1.681
781,881
265,992
598,737
9^,667
800319
23,490
265,375
103,840
322,254
354,472
30,013
283.336
111,206
fl 1,901
f 96 237
f 106 349
22,380
191,754
77.902
138,218
1 8 .078
1.27 >, 841 1,017.723
417,954
652.233
.^0.947
44,292
261. 130
270.246
107,876
156.414
337,417
369.670
2,676,440 2,267,625
1,241,424 1,021,959
255,446
221,.^00
779,142
1,247.889
500.OO3
592,860
70,152
109,727
52«.ft00
384,(69
226,391
309,981
178,998
129.987
239,053
201,192
45,895
44.724
2-3.292
312,047
168,Oo5
186,256
1
38,631
3r>6,667
147.159
407,676
J
Deckmber
THE CHKONICLE.
23, 1899.1
.
Gross tamtngs.
1899.
1898.
Roads.
S
Southern Paciflo— OonMmted.
.
$
/
tiet
hamtngs
1899.
«
9
1
A K. C.a..Oct. 183,589
Jan. 1 to Oct. 31
1,637,447
Juiy 1 to Oct. 31
726,881
DnlonPac.By.a
192.921
1,746.910
778,422
Oct. 2,807,431
2,237,301
ran. 1 to Oct. 31.... 17,750,564 15,843.115
July 1 to Oct, 31.... 8,543,013 7,456.462
Wabash. b
Oct. 1,574.196
1,313,136
Jan. Ito Oct. 81....12,7P9,P45
July 1 to Oct. 31.... 5,808.175
11.3.'='8.663
W. Jersey* Seash.b.. Oct.
4,964,278
201,830
40,130
34!».300
127,693
1,18%.'S51
7,393.024
3,901,306
JUiscellaneons Companieg,
>
1898
Louisiana West.b. Sept.
50,233
110.859
108.035
43.261
Jan. 1 to Sept. 30 .... 1.022.269
366.^06
447.237
926,70
July 1 to Sept. 30....
100 041
159.498
314,850
325,340
M'g'n'sLa.&Tex.b.Sept.
167,843
481.907
202,927
574,840
Jan. 1 to Sept. 30.... 4,852.545 4,625,211 1,578,343 1,679.226
July 1 to Sept. 30.... 1,581,396 1.626,393
451,386
657,597
W.Y.Tex. A Mb. .Sept.
31.201
15,885
21,278
38,049
242,»i02
Jan. 1 to Sept. 30
202.805
62 970
108.038
July 1 to Sept. 30....
91.373
33.017
46,792
79,321
Texas & N. Orl b..8ept.
76.521
158.563
156.154
61 157
Jan. 1 to Sept. 30.... 1,401.292 1,287,693
495,806
528,626
July 1 to Sept. 30....
458,654
178,5i;9
238.779
476,538
AU'DtloPr'p'fa.b.Sept. 1,523,044 1,330.472
528,432
590.770
July 1 to Sept. 30.... 4,050,336 3,885,.J42 1,226.818 1,48 ,646
8o. Pao. of Cal.b..8ept, 1,592,977 1,24S,275
710,371
598.813
Jan. 1 to Sept. 30.... 11,762.930 10,^^64,915 4,3'-7,313 .^,877,288
July 1 to Sept. 30..., 4,530.933 3,.=>52,964 1,892,875 1,345,19 i
«o. Pao. ot Arlz.b..Sept.
115.798
285.167
220,086
75,123
Jan. 1 to Sept. 30.... 2,521.128 2,291.9o9
909 584
July 1 to Sept. 30....
261,384
160,719
769,865
604,390
8o.Pac.of N. M.b..8ept.
91.318
155.421
112.759
55,113
Jan ItoSept. :-0 .. 1.431,0i2 1,164.042
77'^.9=>7
July 1 to Sept. 30....
44l.71i
l'3'7.524
314,528
•245, a78
Paolllc System b. Sept. 4,290 293 3.4t3,006 1,925.103 1,453.769
July 1 to Sept. 30... .12.204,102 9,743,024 5,229,083 3,775,486
Total of all.b.l....Oct. 6,069 841 5.007,459 2.467,230 2,000,474
Jan. 1 to Oct. 31... 49,>'53,279 44 6i 5.172 18,212,429 16,157,419
July 1 to Oct. 31
22,324,375 18,635,824 8,923.136 7,257,605
Southern Rallw'y.a.,Oct. 2 95^593 2.543,' 65 1,103,774
927.968
Jan. 1 to Oct. 31.... 22,6f 9.443 20.420,386 7,117„'iP9 6.149.581
July 1 to Oct. 31. ...10,347,71
9,221,528 3,529,336 2,934,816
Stony 01. A CM. b... Oct.
1,7P3
def. 382
267
1,826
Jan. 1 to Oct. 31....
15,892
14,618
38,562
35,224
July 1 to Oct. 31....
15,747
25.430
15.258
27.329
Texas Central. a... Sept.
19.877
36.339
38.694
16.373
Jan. 1 to Sept. 30....
212.403
205,993
55,423
51,968
Toledo A O. Cent. b.. Oct.
194,746
71,142
59,464
168,959
Jan. 1 to Oct. 31.... 1,639.161 1,518 113
554.525
461,902
July 1 to Oct. 31....
644.927
207,111
739,743
270,237
T9l.PeorlaA West.b.Nov.
19.345
86.579
79,191
17.845
Jan. 1 to Nov. 30....
939.415
250746
894,206
257,064
July 1 to Nov. 30....
124.214
480,557
432,038
131,917
Tol. St. L.
30,972
241.416
112,532
1,094,236
6,843,276
3,406.104
512.312
3.629,785
1,722,855
3,072.064
1.402.394
393.943
220,330
2,718,321
2,349,521
32.038
846,395
35,438
676,498
70.473
564,653
241,361
e6,241
523.645
220,438
30,245
208,1^7
94,600
30,568
187.545
88,054
A Plttsb.-Nov. 113.142
Jan. 1 to Nov. 30 ... 1,185,203
July 1 to Nov. 30....
54tS.068
96,146
1.059.28:i
485,006
38.918
404,1^4
178,364
34 453
341.1]3
150,749
35.318
248.284
66,062
9.887
49,474
17,037
West, of Alabama.b.Oot.
Jan. 1 to Oct. 31....
July
1 to Oct. 31....
W. Va. O.
We8t.Va. APltts.b.Aug.
Jan. I to AUK. 31....
Julylto Aug. 31....
33,644
226,s77
66,050
We«t.N.Y.APenn.b..Oot.
371,981
Jar. Ito Oct. 31.... 3,039.497
July Ito Oct. 31.... 1,441.299
Wheel.
A Lake Erie.. Oct.
Wrightsv. A Tenn...Oct.
Jan. 1 to Oct. 31
July 1 to Oct. 31
117,392
981.693
499,571
476.345
236,656
952,341
212,850
814.928
5,954
21.037
12,584
346,905
77,707
249,921
Wisconsin Central... Oct.
559.450
July I to Oct. 31.... 2.177,301
104,869
712,3 '4
298,939
2,544,950
1,145.835
1,834,351
17,956
11,240
119,6.50
73, 09
57,071
32,040
9.170
36.786
20,660
59A,849
Yazoo A Miss. Val.a.. Oct.
349,058
July Ito Oct. 31.... 1,720.091 1,299,156
300,870
639,121
78,267
165,764
2,110
22.135
12,010
3.073
21,316
8,675
TorkSouthem.b
Oct.
Jan. 1 to Oct. 31
July 1 to Oct. 31
a Net earnings
8.253
70,054
32,854
7.660
61.293
26,007
here given are after deducting taxes.
Gross Sailings.
.
1899
$
— Nov
MavltoNov.
.
—
%
30
Colorado FuelAIron.Oct
July 1 to Oct. 31
..
Oon8ol.GasCo..N.J.Nov
Jan. 1 to Nov. 30
Denver Gas A Eleo .Nov
Mar. I to Nov. 30
Detroit City Gas
Oct
Jan. 1 to Oct. 31
Jd. Rap. Gas-L. Co .Nov
Jan. 1 to Nov. 30.
Jackson Gas-L. Co... Nov
Jan. 1 to Nov. 30
„
Mar. 1 to Nov. 30
Kansas City (Mo.) GasMay 1 to Oct. 31
Laclede Gas-L. Co... Nov
Jan. 1 to Nov. 30
Lookport Gas & Eleo. Aug
July 1 to Aug. 31
MadisonGas A Elec.Nov
Jan. 1 to Vov. 30
Apr. 1 to Nov. 30
Mexican Telephone.. Oct.
Mar. Ito Oct. 31....
Pacific Coast Co. a... Oct.
Jan. 1 to Oct. 31....
Dec. 1 to Oct. 31....
Pacific Mall
Oct.
May 1 to Oct. 31....
8t.
13,309
102,861
502.498
4,2f4.449
4,642,886
340,618
1,822,175
Joseph Gas L. Co. Nov
Jan. 1 to Nov. 30
July 1 to Nov. 30
Paul Gas-Lt Co. .Nov
Jan. 1 to Nov. 30,
renn. Coal I. A RR..NOV
Jan. 1 to Nov. 30
Warwick
I r.
A
yet
Eamingt.—>
i.898
«
4,511
18,295
33.575
61,408
Buffalo Gas Co.. . Nov
Oct. 1 toNov.30
8t.
.
1899
$
1898
$
Blnghamton Gas
Steel. Oct.
July 1 to Oct. 31
Western Gas Co.—
Milw'ee Gas-L. Co. Nov
Jan. 1 to Nov. 30
4,14T
14,37»
192.848
574,182
2.796
60,053
44,397
280,447
38.414
309,308
17,991
145,669
3,010
24,695
19,847
7l,78&
243.055
2.880
50,401
39,22T
244 543
28.704
233.382
15,402
123,239
2.831
23,411
18,785
133,629
102.099
96,698
888.405
833,402
2,296
1,733
4,095
3,350
6 071
5.114
45.045
41,843
29.899
28.497
11,496
6.422
4,943
91634
42,452
35 123
483.923
152,69?
92,707
4.496.173 1,179,239 1.038,033
4,846,030 1,245.994 1,111,485
*74.799
357,326
'175,472
*517,966
2,288,553
*905,421
4,9 >9
6,299
60,697
56,201
25,595
26,615
29.378
28,598
250,424
215,414
285 6'0
79,053
1,561.004
713,375
29,853
91,663
^
^
54,474
455,922
55,906
440,956
After deducting "reserve fund for repairs of steamers," balance in
was $45,684, against $146,357, and from May 1 to Oct. 31,
$343,276, against $730,731. The reserve fund for depreciation and
general and extraordiiiary repairs of steamers has been increased to
the standard of the English companies, i, e., five per cent upon the
value of the steamers.
*
Oct., 1899,
17.450
97.453
29,400
Jan. 1 to Oct. 31
1295
Interest Charges and Surplus.— Th e 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.
—
Int., rentals, etc.
>
^£al. of Vet Earti's.s
1899.
1899.
1898.
9
Scads.
1898.
9
9
9
Buffa'o Gas Co
Nov.
24,583
Oct. 1 to Nov. 30....
49,166
Ohio. Bnrl. A Qnlnoy. .Oct.
840.000
Julyl to Oct. 31..-. 3,3tjO.0OO
Ohio. A E. Illinois.., .Oct.
127,558
July 1 to Oct. 31
810.784
322.600
Cailo R. Isl. 4 Pao .Oct.
Apr. 1 to Oct. 31.... 2.257,500
Ohio. A West Mich... Oct.
34,927
Jan. 1 to Oct. 31
350,473
CUoc. Okla. A Gulf.. Oct.
21.500
258,OCO
Nov. Ito Oct, 31....
lev. Cln. Ch. A St. L..Oot.
23?,365
Julyl to Oct. 31
944,051
Peoria A Eastern .Oct.
July Ito Oct. 31
Clev. LorainAWheel.Oct.
iMDver A Rio Gr'de-.Oct.
.
b Net earnings here given are before deducting taxes.
c Deducting other expenditures for repairs, replacements and general
exneDsec, net Income applicable to Interest on bonds In October w^s
*1 42,03", against $171,575 last vear, and from January Ito October
This is the result in MexJoau
31, $1,284,515, against $1,046,681.
doUart treaied (according to the company's method of keeping ItF
accounts) as equivalent to 80 cents in United States money— that Is,
depreciation beyond 20 per cent has already been allowed for.
g After allowing for other income received, total net in October,
was *76,93H, against $75,640, and from Julylto Oct. 31, $187,536,
Julyl to Oct. £1....
Det. Gr. Rap. ^k W. .Oct.
Jan. 1 to Oct. 31
Flint A Pere Marq...Oct.
Jan. I to Oct. 31 ...
against $189,348.
d Gross earnicgs include other income.
e In these figures results on the Montgomery Dlyislon are included
for 1899, bat not for 1898.
f Thirty per cent of gross earnings.
b Expense.s for 1899 Include $1,865,020 for new and additional
equipment against $699,516 in 1898.
t Includes only the Pacific System and the Atlantic properties, the
Houston A Texas Central lines being reported separately.
k October and November, ,1 899, estimated.
* Exper ses for 1899 include monthly proportion of extraordinary
expenditures.
t For Oct., 1899, taxes and rentals amounted to $155,781, against
$138,536, and from July 1 to Oct. 31, $585,458, against $569,133,
after deducting which net for Oct., 1899, was $1,780,986, against
$1,377,029. From July 1 to Oct. 31, 1899. net after deducting taxes
and rentals is $5,065,538, against $2,964,849.
t Includes Chesapeake Ohio & Soutliwesi'n, Ohio Valley and Chicago
A Texas for all periods, but does not include the Yazoo Branch after
July 1,1898.
U Including income from ferries. Ao.
Ind.
ft.
Worth
A
Den. C. .Oct.
Jan. 1 to Oct. 31
Seeking Valley
Oct.
)uly
1
to Oct. 31
Oct.
& Iowa
Kanawha A Mich, ...Oct.
111.
July 1 to Oct 31
Kan. C. Ft. S. A M...Oct.
Julyl to Oct. 31
Kan. 0. Mem. A Bir..Oct.
Julyl to Oct. 31
Lake Erie & West... .Oct.
Jan. 1 to Oct. 31
Long Island
RR
.
Sept.
July Ito Sept. 30....
Long IslandRR. Sys.Sept.
Juiy Ito Sept. 30 ...
Mo. Kan. A Texas... Oct.
July 1 to Oct. 31
Mobile & Ohio
Oct.
Julylto Oct 31....
Nashv. Chat.A8t.L..Oct,
Julyl
to Oct. 31....
N. Y. Out A West ..Oct.
July 1 to Oct 31
38,125
152,500
23,460
201,818
804,114
17,794
172,870
52 937
529,594
34,520
285.800
68,116
269.225
16,761
11,934
44.230
119.451
478,.'i89
16,13:?
64,062
65.589
653.189
116.336
346,835
122,886
364,708
287,277
1,147,916
105,211
421,390
135,620
542,461
57,860
229,274
8,992
12,242
842.958
3,371,832
126,772
1,499.3'
1.387,162
4,189,569 3.228,222
•137,394
'99,243
•431,810
508,794
•266.227
327,430
682,460
615.599
2,292,007 2,919,733 2,439,832
2P,558
34.796
24.320
346,163
68,988
16.001
20,000
58.632
65.731
45f«,902
240,000
357,791
237,330
287,932
141.985
794,273
961.588
544.172
31.172
36,801
899
147,207
71.844 def. 5,232
24,300
15,348
10.525
201.172 •190 560
'184.839
•621.696
825.916
•583.671
17.286
33.459
21,528
164,315
123.925
115.118
3i,162
63.826
33.669
536,494
124,816
108,0C8
28 482 def.6.518
13.658
281,262 ieM3.200
77,495
101,037
295.636
13.293
14,595
8,694
11,231
5,304
6,978
11,139
43,626
19,317
ll.S 8-9
30.264
67,036
464,571
188,199
50,042
16.507
41,129
17,926
65.052
86,488
8,239
120,202
65,547
83,576
614,600
769,508
584,165
•74,583
•133.914
97,495
'512,747
299,417 •382,482
•80,120
•145,609
101,944
•469,284
591,267
313,864
285,.'i88
294.027
464,631
1,142,394
516.808
60O.55O
87,596
102.510
91.121
356,298
216,125
18i,2o2
131,965
75,863
91,459
522,843
232,389
334,081
53,565
51,617
83,443
231,041
423,173
216,435
THE CHRONICLE.
1296
-Int.,
Rentals,
Roads.
Norfolk* Western... Oct.
<tc.—^
1898
$
1899
*
^Bal.ofNet Earnings.^
1899
1898
$
$
186,143
744,987
]90,4'?1
July 1 to Oct. 31
762,278
FhlladelpMa & Readinsr—
772.C00
756,154
All companies
.Oct.
July 1 to Oct. 31
3,088,000 3,024,617
331,504
302,822
Pitts. C.C &8t. I. ...Nov.
Jan. 1 to Nov. SO .. 3,067,530 3,110,332
Pitts. Sliawmut & No.—
Aug. 1 to Nav.;30...,
66,667
7,708
7,708
Bio G'-ande Junct'n..Oot.
84,791
84.791
Deo. 1 to Oot. 31
17,923
17,918
Bio Grande 8onth ...Oct.
72.117
71,694
July 1 to Oot. 31
Gr. Isl'd. .Oct.
July 1 to Oot. 31....
St. Jos.
<fe
San Fran. & No. Pa e
JulyltoOct 31
lenn. Coal
I.
.Oct.
A RR. Nov.
Jan. 1 to Nov. 30
Toledo & Ohio Cen...Oct.
July 1 to Oct. 31....
Tol. Peo. & West... Nov.
July 1 to Nov. 30 ...
W. Va. Cen. & Pitts Nov.
July 1 to Nov. 30 ..
Wisconsin Centra!... Oct.
July 1 to Oot. 31.
300,995
1,063,239
1.555,828
149,570
1,410,001
38,143
7,901
33,067
7,383
16,913
22,197
5,833
121,414
23,333
25.816
18,908
110,624
75,632
239,047
47,479
522.269 1,048,811
*3l,147
39,223
*109,409
166,043
22,40^ def.4,904
18,246
112,080
17,251
23,682
70.03
116.735
*108,841
142.785
•436,191
556,454
8,750
35,000
18,908
75,632
46,563
512.193
40.157
161.826
22,749
113.671
21.667
108,333
130,156
521,5t(0
Richmond
408,711
913,496
169,813
1,173,165
4,193
21,558
4.457
6.208
38.459
84.543
26.987
92.4 23
31.574
196.106
'20,574
*42,809
def.3.063
12,134
10,773
34.014
•83,037
•303,359
The following table shows the gro^s earnings for the latest
period of all street railways from which we are able to obtain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads that is, the
first two columns of figures give the gross earnings for the
latest week or mo nth, and the last two columns the earnings
for the calendar year from January 1 to and inckxding such
latest week or month.
STREET RAILWAYS AND TRACTION COMPANIES.
Jan.
Week or Mo
1899
1898.
1899.
Albany Railway
Nov'mber.
59,137
5.299
42,44 6
53,978
4,563
643.554
44,0
451.359
& Power.
Atlanta Ry.
Augusta
Ry... September
(Ga.) Ry.
Nov'mber.
&
Syracuse Rap.Tr.Ry
Toledo Traction
Toronto Ry
Twin City Rap. Tran
Union
Newp.
& Cov....
City Elec. iRome.Ga.)
Cleveland Electric..
Cleve. Painsv. & E.
Col. Sp'gs Rap.Trans.
Columbus St. Ry.(0.)
Columbus (O.) Ry....
Denver City Tram
.
IstwkDeo.
BeUelsle
Nov'mber.
Duluih St. Ry
Easton Consol. Elec. Nov'mber.
Erie Electric Motor.. October
Harrisburg Traction. Nov'mber.
Herkimer Mohawkll'
ion&F'kfoitEl.Ry. October
Houston Elec. St. Ry. October...;
Internat'i Traction—
Buffalo Ry
October
Croestown St. Ry.i
October
of Buffalo
4,208
19,9K4
22,675
12,332
24,723
. .
3.993
18.075
. .
196,326
212,045
170,885
190,454
25.836!
286 686
278,846
3,561
17,713
37,063
177,24b
*
t
11,076
as
Bl've&Lan'r. October
&Niag
Falls. October...
&Lockport
&
L.
October...
F'gt Dpt. October...
,653
1,461
5,646
.
River
Nia. Falls
October
i
& Susp'n
340
2,843
. .
October
Bridge
Lewist'nConn.Bdg. October...
3,711
.
Interstate Cousol. ot
North Attleboro.. Nov'mber.
Kingston City Ry
September
Knoxville Traction.. August
407
i
I
1
. .
.
1
to Sept.
30
...
.
HlnghamtonSt Ry..Nov.
Jan. I to Nov. 30
Bridgeport Tract'n..Nov.
Jan. 1 to Nov. 30 ...
July 1 to Nov. bO ..
Chic. & Mllw. Eleo. .Nov.
Cin. Newp. & Cov... No v.
Jan. 1 to Nov. 30
(;Uy Eleo. ( Rome, G a) No v.
Jan. 1 to Nov. 30
Cleveland Elec. a. ..Aug.
Jan. 1 to Aug. 31
Clev. Painesv. <feE..Nov.
Jan i to Nov. 30
Colorado 8 pgs. R.T.Sept.
ommbus(0.)8t.Ry.8ept.
Jan. 1 to Sept. 30...
Columbus Rillway..Nov.
uenver City Tramw.Oct.
Mar. 3 to Oot. 31
Detroit Cit's' 8t. Ry .Nov.
Jan. 1 to Nov. 30
.
i>etroit Electric Ry.Nov.
Jan. 1 to Nov. 30
—
Det. Ft.W.&B.T.Ry..Nov.
Jan. 1 to Nov. 30...
Duluth Street Ry.... Oct.
Jan. 1 t'l Oot. 31
July 1 to Oot. 31....
Easton Cons. Elec... Nov.
July 1 to Nov. 30....
Barrisb'g Traot'n.f ..Nov.
Jan. 1 to Nov. 30
July 1 to Nov. 30...
Herkimer Mohawk Uion.
& Frank. El. Ry.. Oot.
Jan. 1 to Oct. 31
July 1 to Oct. 31....
8,89.^
36,855
34,151
4 503
58.740
64,611
32,139 375,832 346,425
14.771
177 501 177,441
39,081 456,571 414,599
80,774
99,650
177,622 2,286.166 1,960,929
14 30b
897
152,831 1,394771 1,283,711
177,0t)4 1,316 534 1,163,400
13,120 200.033
177,099
4,861
19,531
19,157
and August, 1899.
Oross Earnings.-
.
•98.
N'et Earnings.
1XH9.
^98.
.
Oct. 1 to Nov. 30
Kings Co. Elevated—
Aug. 1 to Sept. 30
Knoxville Traction. Aug.
July 1 to Aug. 31....
Nov.
Lehigh Traction
Jan. 1 to Nov. 30....
July Ito Nov. 30 ...
Lima Ry. (Ohio)... .Nov.
Jan. 1 to Nov. 30
127,555
London 8t.Ry.(Uan.) July
54,2-.i2
Jan. 1 to July 31 ...
'88 isi
l>oram & Cleve. Ry Nov.
38,318
Jan. 1 to Nov. 30 ...
53.223
Oct.
Lorain Street Ry
51.791
Jan. 1 to Oct. 31
67.126
89,154 Los Angeles Tract. ..Oct.
Jan. 1 to Oct. 31 ...
Muscat'e El. Rv.. la. Oct.
530,248
Jan. 1 to Oct. 31 ...
1,378,449
July 1 to Oot. 31....
47.162
Sew burg Electric... No v.
79,716
Jan. 1 to Nov. 30
52,688
July Ito Nov. 30....
1
•56,245
•423,447
2.787
44,033
5,816
33,597
262,746
'
4.077
15,911
5.859
65,324
7,663
148,570
76,558
t29,763
t309,920
296
3.1-.47
41,331
226.432
47,958
533,297
12,628
119,157
6,418
67,848
8,372
83,479
38,862
10,688
143,562
84,422
3,993
37,063
16,109
3,561
33,853
14,394
1,659
17,670
7.329
1,819
16,214
7,123
13,707
144,669
2».061
10,859
127..555
3,933
11.040
7,088
32,518
4,175
23.773
106,074
17,243
34.216
8,794
96.946
48,547
3,546
43,783
dl,056
39.716
6,617
86.281
9,196
81,338
13,983
133,183
5,350
49,897
21,466
6,305
82,580
46,197
3.308
New London St. Ry.Nov.
52.706
Jan. Ito Nov. 30....
30,745
July 1 to Nov. 30 ..
New Orleans City .Nov. 110.019
Jan. 1 to Nov. 30.... 1,237,430
—
j
1,510
11,367
12,124
4.." 63
1.3 '8
5.299
44,015
12,923
40.318
48,682
44.915
13,931
21,672
42,446
451,3^9
235,239
9,407
9.916
4,234
49.589
13.289
48,625
12.554
11,791
6,135
151,410
146,863
57,053
13,8.'^2
29,263
24,518
333,676
324,687
146,070
168.875
It2,4l0
79,117
3,030
7,598
.53,390
60,088
136.875
652,364
627,528
1389,947
917
2,821
1,952
21.609
5.5 20
25,351
*46,424
-148.287 'def.6,785
•330.990
*96l.861 • 1,127,166
9,193
1,863
8,267
112,732
98,33 7
38,639
14,976
11,534
20,038
61.77-*
44,018
74,980
320,526
575.696
508,365
36,829
72,002
1 02,025
114,634
35,54 2
84b. 174
289,724
786,623
59,926
114,840
100.788
617,515
1.241.928 1,087,764
14,713
44,162
35,006
413,262
361,722
142,485
18.661
15,528
7,993
192,120
81,875
167,786
9,479
21,936
18,201
174.587
89,433
192,081
43,221
90,582
78,058
9,730
22,675
60,4-! 5
131,998
9.552
24,724
25,836
130.157
278,846
286,686
160,074
63.993
146,451
St.Ry.—
No. Attleb, Mass. .Nov.
Jan. 1 to Nov. 30 ...
j
I
13,573
done to-day.
Inter-St. Con.
144,669
13.707 10859
6.444
53,006
6.839
17,243 15,956
Nov'mber.
7.947
96,946
Lehigh Traction
8,794
43.783
Lima Railway (Ohio) Nov'mber.] 3,546 3,166
'1.056 10.809
39.716
London St. Ry. (Can.) July
Lorain St. Railway.. October
81,338
9,196
6,248
8.4,281
5.hl6
Lorain & Cleve
Nov'mber.
6,617
Los Angeles Tract.. October... 13,98;^ 11,020 133,183
Mass. Elec. Co.'s
Nov'mber. 330.130 277.497
Metrop. St. Ry.(N.Y.) Nov'mber. 1202448 1020678
Mllw. Eleo. Ry. & Lt. April
602,447
150,263 134,407
Montreal Street Ry. Nov'mber. 133 489 125.325 1,538 593
Muscatine St. Ry
5,s83
49,897
October...
5,350
NewburgSt. Ry
Nov'mber.
5,879
82,580
6,305
New London St. Ry.. [Nov'mber. 3,308 3,159
52.706
New Orleans City
Nov'mber. 110,019 105,417 1,237,430 1,197,609
Nevrport News & Old
Pt. Ry. &E1C0
September 20,450
Northern Ohio Tract. Nov'mber. 30,832 26,625
Ogdensburg St. Ry.. Nov'mber.
18,475
20,725
1.554
1,398
Paterson Ry
245,950
August
38.820 36.519 271.229
.
is
Dec.
'
Niag. Falls & Sus
pens'n B'dpe Ry. October .
Niag. Falls Whirlpool & North'n... October...
Niag. Falls Park &>
Strike in July, 1899.
Strike during June. July
Atla ta Ry &Pow'r bNov
Jan. 1 to Nov. 30 ...
Bay Cities Con.St. Rv July
Jan. 1 to July 31
lfc,585
..
August.... '98,160
Nov'mber. 15.698
May
5,204
.Ian. 1 to Sept. 30....
6,8i2
3,734
. .
ISbS.
Roads.
44 813
Buffalo Traction...; October...
17,166
Nov'mber. Inc. 24,
October ... 149,179
Amsterdam St.Ry.b.Sept.
|
Bufl.
Buff.
Buff.
Buff.
Nov'mber. 210,977
Bedford).. Nov'mber.
i8y9
112,967
. .
Nov'mber.
14,748
10,729
5,366
35,048
15,113
44,423
89,421
October...
October... 111,16=^
.
j
. .
i»99.
Street Railway Net EarniHRS.— In the following we show
both the gross and the net earnings to latest dates of all Street
railways from which we have been able to procure monthly
returns. As in the case of the steam roads, the returns of the
different roads are published by us each week as soon as received, and once a month (on the third or the fourth Saturday of the month) we bring all the roads reporting together,
33,^53
164.617
3.099
15.867
Latest Date.
1
I
Detroit Clti'ns'8t.Ry.
Detroit Eleo. Ry
Detroit Ft. Wayue &
1898.
to
These figures include results on Brooklyn Heights, Brooklyn Elevated and Nassau BR. for all periods, but the Kings County Elevated
is included only for October and November.
584,584
40,318
. .
Blnghamton St. Ry..
Bridgeport Traction
Br'klynRap.Tr. Co.t.
Chicago & Mil. P:iec..
Chicago Union Tract.
Cin. & Miami Val
Cin.
1
(N.
United P. ATransp..
United Tract. (Pitts.)
United Tract. (Pro v.)
Unit. Trac. (Reading)
Wakefield & Stone..
1898.
October
14,627 13,225
9.407
9.916
49,589
48,625
July
Nov'mber. 12 554 11.791 151.410 146 868
Nov'mber. 29,263 24.518 333,676 324 687
Nov'mber. 91A149 820,257 >,678,680 8,995,545
Nov'mber.
7,598
Nov'mber. e08.83ti 5 63. 7 10
139,432
111,173
Nov'mber. 13.163
9.973
Nov'mber. 60,088 53 390 652,364 627,528
2.821
1952
25,351
21,609
Nov'mber.
August
146,424 148.287 J 961,861 1,127.166
112.732
98 337
Nov'mber.
9.193
8.267
September 20,Od8 14,97t
September 74.980 61.778 576,696 508.365
Nov'mber. 72,002
October... 102,02.'^ 114,6X4
IstwkDec. 26,487 22,490 1,268,415 1.110.254
IstwkDec
10,342
370,236
8,514; 423,604
Elec
Bay Cities Consol
May
Scranton Railway... Nov'mber.
Staten Island Eleo .. October...
1 to LatestDate.
Earnings.
St.
Traction.. October...
Schuylkill Val. Trac. Nov'mber.
—
Latest Oross Earnings.
Jan. 1
•8
593, b20
STREET RAILWAYS AND TRACTION COMPANIES.
Amsterdam
Week or ^o\ 1899.
214,161
Alter allowing for other income received.
Geoss
Latest Oross Jiarnings.
Gross
Earnings.
Roxb'hCh.a.&Nor'ii
701,612
LXIX
[Vol.
15.956
30.90d
7,947
88.1.'>4
43,621
3,166
38,318
10.809
58,223
5,616
67,126
6,248
51,791
11,020
89,154
5,883
47,162
20,059
5,879
79,716
44.705
3,159
52.688
31.584
105.417
1.197,609
12,710
7.765
14.707
4,879
41,424
24,716
1,069
16,319
def.4,476
l,b85
3,629
49,819
3.740
43,806
3,593
29.237
784
9,131
17,037
3.066
35,899
21,170
1,104
14,619
4,808
20,777
2,971
36,103
3,311
26,078
1,950
22,270
775
is.872
12,026
4,761
2,592
34,080
24,559
16,015
8,228
2,353
36,068
24,966
799
223
18.418
14,471
49,076
501,009
19,609
15,559
50,026
458,161
December
THE CHRONICLE.
23, 1899.J
— ^tt AariAnu —
-Qro88 Earnings.J898.
1899.
Newport News & Old
Ky.
&
Eleo
of the equipment of the rolling
stock with safety appliances, as required by law."
The Michigan Central reports the earnings of these companies as follows for the year ending Dec. 31 December, 1897,
1898 and 1899 being partly estimated
power and for the completion
1898.
1899.
1297
Pt.
—
8,890
Sept.
20,450
Northern OhioTrac.Nov.
Jiilyl to Nov. 30
30,832
166,257
26.625
155,376
11,737
62,506
52,934
Paterson Railway... Aug
Jan. 1 to Aug. 31 ..
38,820
271.229
36,519
245,950
18,806
124,U40
18,132
108,1 o7
14,748
13,573
5,851
6,236
32,139
346,425
167,415
17,356
186,861
97,188
15,967
172,367
86,749
3.826
46,072
33,090
29.7 y 6
42,701
Blohmond Trao'n
b. Oct.
Scranton Railway. ..Nov.
Jan. 1 to Nov. 30 ..
July 1 to Nov. 30
375.832
186,984
Staten Isl. Eleo.a
Oct.
Jan. 1 to Oct. 31
177,.'i0l
35.04 8
15,113
8.78S
:
3,908
to Oct 31....
88.242
Toledo Traction
Oct.
July 1 to Oct. 31
89,421
385.486
80,774
339,669
29,826
186.122
39,214
162,714
Twin CltyRap.Tr.b.Nov.
210,977
2,286,166
177,622
1,960,929
112.358
1,230,453
88,948
1,032,651
1.^2,831
80,353
755.482
343,453
89,040
687,551
319.002
Jan. 1 to Nov. 30
United Trao. (Pitts.
) . Oct.
149,179
Jan. 1 to Oct. 31
1.394.771
Julyl to Oct. 31... .
610,720
.
1,288,711
560,364
1896.
1899.
189B.
1897.
$
$
$
$
15,280,000
GrosB earnings
Operating expenses. .11. 774,000
14.771
177,441
91.569
Julyl
MICHIOAX CENTRAL RR.
13,924,000
10,425,000
13,697,000
10,250,000
13,821,614
10,392,351
3,506 000
Interest and rentals.. 2.414,000
3,499,000
2,420,000
3,447.000
2.415.000
3,429,263
2,394,565
1,092,000
Surplus
303,000
Proportion to C. S....
1,0T9,000
300,000
1,032,000
282.000
l,034,f98
296.474
789.000
44,000
779,000
44,000
750,000
45,000
738,224
39,6»5
833,^00
749,520
823,000
749,520
79.=i,000
749,520
777,909
749,520
45,480
28,389
Net earning*!
Proportion to M. C.
..
Otherlncome
Net
in
come
Dividends, 4
p. C
Balance
83,480
Tbe semi-annual dividend
73,480
of 2 per cent
was declared, pay-
able Jan. 39.
CANADA SODTHERN RT.
Net earnings here given are after deducting taxes.
b Net earnings here given are before deducting taxes.
a.
189'.
1899.
d Strike in July,
1899, accounts for decrease.
t Taxes and tolls in Nov
1899, were $11,981, against $11,231; and
from Jan. 1 to Nov. 30, $135,223. against $114,721. After deducting
these items the total net In Nov.. 1899, was *24,894. against $18,535
and from Jan. 1 to Nov. 30. $2.'>4,724, against $195,199.
* Strike in Cleveland during June, July and August, 1899.
,
;
ueCdn.So
*:303,000
$300,000
$282,402
$296,474
Otherlncome
4,ii00
1,600
1,642
1,381
Total net
Dlvid. declared..
*307,000
300,000
(2)
(2)
Balance
8ur.$7,000
Total sur. Dec. 31.
11,700
Interest Charges and Surplus.— The following Street
railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &c., with the
surplus or deficit above or below those charges.
-
Int., rentals,
die.
—
.
1899.
Roads.
Atlanta Ry.& PowerNov.
Jan. 1 to Nov. 30
Denver City Tramw.Oot.
Mar. 3 to Oct. 31
$
10,562
119,134
20.S26
164,834
Newport News & Old Pt.
Ry. &Elec
Sept.
Ry
Paterson
Jan.
1
11,110
116,103
9,727
51,436
9.007
36.282
Oct.
25.704
101.977
25,353
101,387
4,122
84,145
13.861
61,327
Julyl to Oct. 31....
Xwln City Rapid Tr.Nov.
Jan. 1 to Nov. 30
70,534
747,926
63.386
713,625
41,824
482,527
25,462
319,026
United Trao.(Pltt9.).. Oct.
Julyl to Oct. 31
52,950
212,215
52,099
207,103
27,403
131,238
36,941
111,879
$
Gross earnings
Operafg expenses. 13,fc92,662
9,125
71,875
1897.
s
5,305
1898.
23,4i7.971
20.505
61,578
—
Toledo Traction
20,753,683
13,22e,503
s
20,297,722
9,425,309
Net earnings
Proport'n operati'g
expenses to gross.
(59%)
Exp. for equipment. 1,865,020
7,525,180
Balance
Fixed oliarges
6,825,664
2,802,439
7,560,2f>9
2,740,000
is
. . .
Bait. Ches.
&
Atlantic
Bangor & Aroostook
Boston Revere Beach &
Brooklyn Ferry Co. of New V ork.
llf 1
statement to N. V. Stock Exch
902
Buffalo & Susquehanna
1345
Choc. Okla. & Gulf
n62
Cincinnati Hamilton & Dayton
952
Cln. N. O. & Texas Paciflo
1245
Cleve. Ark. & Col
Denv.&Bio GT.approx. state.6 mos.liii
1008
Detroit & Mackinac
Edison Elec. 111. Co. of Boston. .1080
902
Georgia Southern & Florida
Great Northern
951.958
Ind. Dec. & Western
952
953
Ind. 111. & Iowa
International Packing
1147
Iron Steamb at
1246
Kans.as City Fi. Scott & Memphis. 1146
114H
Kansas City Memphis & Birm
Maine Central
903
Manhattan Ry
1008
Maryland Brewing
(7 months). 1192
.
.
RArLROADS & MiSCELL. CO.'S)— COTV.)
Mergenthaler Linotype
Michigan Central
1009
1W7
Oregon Short Line
Paciflc Coast Co
Pennsylvania Co
Pittsburg Brewing
1059
904
li
(9 months)
1192
Pitt.-burg Junction RR
1215
Pittsburg & Wesiern
954
Portland & Rumford Falls
905
Pullman's Palace Car
Reading Co
balance sheet. 904
Richmond Fred. & Potomac
124G
900.910
Kio Grande Western
*i
>
1007
Rutland KR
^02, H53
St. Joseph & Grand Island
903
St. Paui & Dulutb
1059
Savannah Florida & Western
901
Toledo & Ohio Central
Toledo St. Louis & Kansas City... .1245
Trow Dlr. Print & Bookb'd'g Co. ..1060
United Electric Light & Power....
1246
balance sheet Dvc. 21, 1899
U. S. Cast Iron Pipe & Fy. Co. .bal1009
ance sheet Sept. 30
U. S. Flour Milling.o.^cialstatem.'f.lO10
1008
Paciflc
Vicks. Shreve. &
Street Railways.
69—
Page.
1146
& Electric Co. of
1899.1240
Baltimore.. baJ.s/ic«$^'ot>. 1,
Volume.
Boston Elevated
United Railways
RR.— Canada
1896.
$
13,542,491
6,755,231
6,467,803
(665»)
(68)
6,755,231
3,009,972
6,467,803
3,445,403
Balance to stock 4,820,239
4,023,225
3,745,259
3,022,400
Dividends
(7)3,462,655 (7)3.462,655 (6)2,967,990 (6)2,967,990
5eO,570
Surplus
1,357,634
69, p. 10G2, 440.
(Report for the year ending June
an index to all annual
reports of steam railroads, street railways and miscellaneous
companies which have been publisbed since the last editions
of the Investors' and Street Railway Supplements.
This index does not include reports in to-day's Chronicle.
Page.
RAILROADS & MISCELL. COMPANIES.
Volume 69—
901. 911
Volii/me 69—
Page. Minneapolis & St. Louis.
app'ox. state.6 nies.l2ii
Alabama Gt. Southern Ry. (Lim.).1058
do
do
10(^8
New Bne. Cot. Yam offlcial state'r.l009
Alabama <& Vicksburg
1060 New Orleans & Northeastern
1008
American Air Power
901
American Caramel. ...o#ictal stateAlil Oregon k R. & Navigation
IOIh
1060
901
1145
1009
952
Lynn. ... 953
1,
777,269
54,410
Wilmington & Weldon Railroad.
ANNUAL REPORTS.
American Cotton Oil
1009,
American Soda Fountain
American Type Pounders
Atlauta Knoxville & Northern
$39,645
19,562
20,193,957
13,726,154
(63%)
699,516
— V.
Anuual Reports. — The following
def.
:
9,079
72,604
Aug.
to Aug. 31
def.$15,956
3,100
1899.
5.645
75,181
3,585
$1,600
4,700
$2-'4,044
$297,855
300,ui.O (2M) 337,500
f Preliminary Statement for year ending Dee. 31, 1899. J
The company reports for the year ending Dec. 31, last two
months in 1899 partly estimated, as follows
$
29,897
214,543
sur.
(2)
Lake Shore & Michigan Southern Railway.
1898.
1899.
$301,600
300.000
A dividend of 1 per cent was declared, payable Feb.
1899.— V. 69, p. 27; V. 68, p. 11<}9.
^Bal. of Net Eama.-
1898.
1896.
1897.
Pro portion of earn
RR
Southern Ry.
('Preliminary statement for year ending Dee. 31, 1899. J
Treasurer C. F. Cox makes the following comments regarding the results for the year 1899, shown below
" There were no charges to construction. Included in
operating expenses are the cost of 10,000 tons of new steel
rail, the re-laying with new splice of 8,000 tons of cut steel
rail, the construction of sixty-five miles of industrial, yard
and road sidings, $271,000 for the renewal and construction
of bridges, $30,000 for the completion of the elevation of the
tracks of the St. Charles Air Line, $900,000 for new cars and
locomotives to replace worn-out rolling stock and motive
:
30, 1899. J
President W. G. Elliott gives the following
General Results. The property has been kept in excellent
condition and many substantial improvements have been
made, which, in accordance with the usual policy of the
company, have been charged to operating expenses. The receipts from operation were in excess of those of the previous
year. All fixed charges have been promptly met and the
usnal semi annual dividends have been paid.
New Acquisition. The portion of the railroad of the AtYadkin Railway Co. extending from its eastern
lantic
terminus at Wilmington to Sanford, North Caroliua, (a
distance of 117 miles with branches aggregating 57 miles),
together with its equipment and other property, was purchased during May, 1899, and bonds of this company to the
amount of §1,800,000 were executed and secured by a mortgage on the property thus acquired. The property purchased
was turned over by the vendors at its actual cost, to wit:
$1,679,557, To provide for this there were sold $1,700,000 of
the mortgage bonds above referred to, at 97)^, and the balance was paid in cash. Subsequently this company received
Yadkin Ry.
in cash from the current assets of the Atlantic
the sum of $119,877 and this was credited to construction and
property account. Of the 81,800,000 bonds authorized $100,000 remain available for improvement of the property purchased or for the other general purposes of the company.
The lotal mileage, including spurs, operated by this company
at the end of the fiscal year was 789.
Physical Condition. All of this company's passenger
equipment is equipped with air brakes and automatic
couplers, and that of the freight equipment 98 per cent
thereof is equipped with automatic couplers and 63 per cent
with air brakes, 8*17 miles of track of new 70-lb. steel rail
were purchased and laid in the track between South Rocky
Mount and Tarboro, relieving same amount of 56 lb, steel
rail.
Other materials used
20,611 cubic yards of ballast;
166,337 cross ties; 2,619,036 square feet of lumber.
Included in operating expenses are charges aggregating
$256,346 for additions and betterments, viz.:
New locomotives, $29,200; new passenger and freight equipment,
$92,100; brick ciUverts, steel bridges and filling trestles, $82,207;
new buildings and platforms, $30,666; new side tracks, $12,173; new
rails, in addition to monthly charges, $10,000.
Taxation. When this company in 1893 agreed to waive the
exemption from taxation contained in its charter, the maxi:
—
—
&
&
—
:
—
THE CHRONICLE.
1298
mum
value placed upon any road in the State of Nortti Carolina for taxation was $lO,OuO per mile. Ever since that time
the authorities have systematically increased the assessments,
until in the present year, the assessment oa ovir main line
and branches was increased to $25,000 per mile. This increase having been made in the face of the fact that the
other property of the State had not been in any instance
materially increased, this company, acting in concert with
other companies similarly situated, brought suit for an in1uncti6n. This suit has beeo recently decided, the United
States Circuit Court holding that tne increased assessment
was
illegal and making the injunction permanent.
Statistics.
The earnings and expenses, and charges against
—
[Vol. LXIX.
EARNINGS AND EXPENSES FOE TWO YEAES.
1W98-9
Gross receipts from operation
Operating expenses and taxes
I,a26,366
Net receipts from operation
$715,170
BALANCE SHEET JDNE 30, 1899.
Assets
—
Road and equipment.. $11,611,712
iQvestments
Cash for coupons
Cash with Treasurer..
DuebyagHitts
Due by RRs. & others.
ii0'>,<i06
110,637
42.82''
32,011
931,999
income, for four years were as below:
EAKNINGS AND EXPENSES.
1898-99.
KamlnifS —
454,115
1,508,858
252,255
1,494.268
230,698
2,311,464
351,895
Passengers
Speight
1895-96,
1896-97.
424,773
1,235,289
$
434,693
193,944
2,179,081
1,854.006
1,803,196
"
" equipm'nt 315, 40
Conducting tr an sportai'n. 542,162
."9.490
Oeneral expenses
Taxes
77,127
3^4,132
310,429
518,610
57,281
62,750
291.144
248.787
494,717
54,193
43,949
255,429
243,679
516.987
51,112
43,315
Total op. exp.i&tax«s.. 1.346,014
965,460
Ottier income
69,024
l,30i,202
875,879
69,004
1,132,790
721,216
53,034
1,110,5^2
1,034,474
944,883
776,250
735,460
Interest on bonds, etc. ..
24,943
Int. on certs, of Indebted.. 175.000
Dividends
(8)240,000
243,420
175,000
240,000
265,6^7
175,000
196,000
272,7^^0
439,913
594,531
658,420
286,463
635,637
140,613
627,700
107,760
Total
—
Due
Due
to
to
employees
54.752
383,823
136.3t0
2,889
134,764
126,^65
145,040
RRc, &c
payable
Accounts payable
Dividends
Interest coupons
Bills
.$13,059,793
and
loss
$13,059,792
Total.
-V. 67, p. 954.
Leiiigh
1,202,427
166,076
Mail, express, etc
Liabilities
$628,912
Stock, common
$2,538,200
"
preferred
1,888,000
Bonded (seelNv.Scpp.) 7,649,000
Profit
1897-98.
$
550,351
1897-8.
$1,974,968
1.346,056
$2,041,5:^6
& Hudson
River Railway.
(Report for the year ending June 30, 1899.
Total
Operati)ig expenses—
Mainten ance ofway
Net earnings
Total
692,P74
42.786
Earnings and expenses for the late fiscal year compared
with previous yeats have been reported as follows
EARNINGS, EXPENSES AND CHARGES.
:
1
Earnings
Expenses
898-9.
18«7-8.
1RS5-6.
1896-7.
$458,750 $402,046 $359,689 $109,456
247,699
217,954
214,06i
248,935
Net earnings
"
$184,092 $145,627 $160,521
$211,051
Deduci—
Taxes
Interest on bonds
$11,239
134,356
498
floating debt
$10,670
110,H37
21,a69
$10,178
113,583
21,007
$10,073
111, '237
20,928
Disbursementg—
Total..
Surplus
BALANCE SHEET JUNE
Astets—
Cn-tr'ot'n, equip., &c.$l 1, 315,657
Casta for
coupons
Cash on hand
96,625
18,807
Bills receivable
7
30,996
'',5
Dae b> agents
Due by railr'ds & oths.
I,214,2a5
Funded debt
5,000.000
380.000
10 ,5 19
810,952
Speilal trust certs
Interest due
MlsoellanBOUs acc'nts.
and
81^0,456
loss
Total
.$12,683,957
June
30, 1899.
The
report furnishes the following:
Earnings. The decrease in through passenger and freight
earnings is partly due to the consolidation, whereby much
business formerly classified as through bacame local.
Endorsemfut. The endorsement of the sp'^cial trust
Weldon RR. Co. to the
certificates of the Wilmington
amount of $380,000 was duly made on the 8th January last.
Constructi' n.— The construction of the branch line from
Denmark to Robbins, both in South Carolina, has been
ordered, and the necessary bonds and certificates of stock
named in the resolution of the stockholders have been signed.
Improvements^ Etc. The new freight yard at Florence was
completed in June. The total cost of this improvement
($52,619), with the exception of $5,737 which was paid for the
land, has been charged t) operating expenses. This is one of
the best equipped freight yards in the South. 3 5 miles of
—
—
&
—
new
were
70-lb. steel rails
laid
between Florence and Sumter,
releasing the same amount of 56-lb, steel rail. 1-7 mile of
the released rail was sold and the balance used inside trachs
Other materials used: 31,385 cnbii yards of ballast; 223,663
cross ties; 3,314,444 square feet of lumber.
Included in operating expenses are charges for additions
and betterments, aggregating $150,723, viz.:
New locomotives, $20,000; new passenger and freight equipment,
$67,200; Florence irelKlit yard <ihi8 year's expenditure), $J3,llv^;
new 65 feet steel turn-table, $2,16n; new rails, in addition to monthly
charges, $10,000; new buildings and platforms, $5,883; new brick
culverts, $1,707; new side tracks, exclusive of Florence yard, $6,937;
automatic couplers and air brakes, $3,707.
The company owns 65 locomotives; all are eqaipoed with
automatic couplers, and 63 are equipped with air brakes.
All passenger equipment has auiomatic couplers and air
brakes; 72 8 per cent of lreie;ht cars are equipped with air
brakes; 98 per cent of freight cars are equipped with automatic couplers.
Statistics.
Earnings, expenses, charges, etc., have been as
follows for the year ending Jane 3 J, 1899:
—
BARNIN06 AND EXPENSES.
Eurninga—
Mail, express,
$131,851
&c
Net earnings
1.42),>-8i
Miscellaneous income
184,803
Total
$2,041, 5 j5
Expetutes —
Maint'nce of way, &c
" equipm'nt
Conducting trauspoit'n
General
. .
Total
Net earnings
INCOME ACCOUNT.
1898-9.
Passtnger
Freight
334,^^50
210,0 <8
622,14b
66,902
$1,233,636
$807,899
ceived.,
Total
Deduct —
Taxes
Rent
18P8 9.
$807,899
Total
Surplus
$144,768 $142,976 $142,238
$39,324
$2,651
$18,283
1259.
Wisconsin Central Lines.
{Report of Receivers for the year ending June 30, 1899.)
The following table shows various important facts
Traffic.
regarding the system's traffic while the receivers were still
in charge:
1898-99.
Ice
1
76,266
$88i,lti5
92,73?
31,000
2.0,001
$786,482
$97,683
1897-98.
939
Miles operated
T tal tons carried.
Of which iron ore..
Forest products.
935
1896-97.
1895-96.
9<4
891
3,541.953
2,561,990
2,882,275
1,3. 9,- 69
1,428,»08
871,676
1,224,375
6^0.520
714,640
527,557
548,o23
251.048
279,072
28 ,6>l
298,811
mile.513,386,5 16 483,7.. 0,4' 2 347,666,177 358,503,630
3,636,809
A V. tons per train »).
250
244
2< 1
No. of pass carried.
Av. dist. cari'dwiies
Av. earn, per pass..
per mile .Omts
do train m...Oen(s
96>,720
52*72
933,322
5a*20
780,630
48-85
193
840,422
47'96
2-03
1-97
7o*74
7156
2-22
65-Oi
72*40
2'22
Earnings of System.— The following shows the results on
entire system, the interest and rental charges being omitted
as they have all been changed by the reorganization:
189 '-9.
Entire Line.
1895-6.
1897-8.
1896-7.
Earnings—
$
$
$
$
Freight
3,757,198 3,649,887 3,033,732 3,195,616
2, '2 62
Passengers
896,8-5
9 12
1,088,681 1,03,
9
Mail
9-',106
93,073
92,238
91,636
li 4,000
Express
104,000
104.000
103,999
Miscellaneous
75,066
60,788
53,106
55,997
Total
5,118,019
4,939,725
4,179,971
4,399,510
583,056
596.458
388,477
563,3
387,700
1,437,111
386,064
787,072
413,130
Expenses—
Mnint. of
way and
struct..
Maintenance equipment.. 411, i47
Conducting ran8portat'n.l,6"- 7,66
General expenses
3 75,620
I
Total
3,057,490
Percent of exp. to earn'gs
1,65;J,001
383,872
3,020,806
2,:
74,196
1,433,198
374,917
3,008,317
Total net income
Taxes accrued
Balance
(61-1.'.)
(66-37)
(«8-38)
2,060,529
1,918,918
59,821
1,405 775
1,391,193
3 4,444
2,488,559
191,512
1,9-8,739
165,468
1,46- ,950
160,210
1,715 637
150,353
2,297,047
Other income
(59"74)
428,030
Balance, net earnings
1,813,271
1,307,740
1,565,284
62,1,5
-V. 69, p. 1249. 1148.
(Peter) Schocnhofen Brewing Company.
The
("Report for the year ending Sept. 30, 1899, J
repoTt of the directors says in part
:
The decrease
in the net profits of the American company is due to
the increased revenue tax. There has been a small lucrease in the
cost of manufacture; but the average selling price has also slightly
increased. The increased tax paid this year, as compared with last,
represents abo 't £23,000. The board share the opinion that a reconstruoijon of the company is expedient, and will give caret ul consideration to any proposal.-^, satisfactory to the American shareholders,
which offer reasonable terms to the minority. The appeal by this
company from the judsment of the div sion^l court in the income-tax
assessment case was dismissed by the Court of Appeal, ^nd, under the
advice of counsel, tbe board decided to accept the position and not to
proceed to the House of Lords.
Tiie English income-tax called for the payment in 1898-9
of £4,122, vihichis included below in the expenses (£5,376
of the English company. The reports compare as follows:
REPORT OF ENGLISH COMPANY.
1898-9.
Receipts—
re-
Interest on bonded debt. 422, 46
Dividends
—V. 67, p.
$146,093
$64,958
Tons carried
$12,683,958
Atlantic Coast Line Railroad of South Carolina.
("Report for the year endinj
Total
Surplus
—
30, 1899.
Liabiiilies —
Capital stock.
$3,000,000
Certific's of indebted..
2500.000
Profit
Total
-V. 66, p. 79.
175.000
180,000
Div. A.m. Co.,
<feo
Deductions—
Expenses
Deb. interest
Div. on pref
1897-8.
1896-7.
lfl95-6.
£16,582
£18,776
£26,101
£20,666
£5,376
£923
10,850
10,850
(SV/b) 7,000
£1,216
10.850
14.000
111,850
(7)
£758
(7)
14,000
£35
£3
£57
Ordinary stock, £300,000
preferred, 7 per cent cumulative, £i00,000 5 per cent debenSurplus for year
The company's
£356
capitalization
is
:
;
;
tures, £217,000.
December
THE CHRONICLE.
23, 1899.]
REPORT OF AMERICAN COMPANY.
189^-9.
1895-6.
1896-7.
1897-8.
Saleeof beer (bbl8.)
Profit of breweries
Other ID come
Depreolation and repairs
189,410
184.075
195,804
192,817
$203,002 ^239,492 $267,318 $293,837
151
1,630
I,2u0
2,177
10"'.329
127.245
97,477
93,4?9
Halaries, etc
29.510
21,000
21,000
21,000
DivldendtoEnglishcompanj' 80,136
124.750
12tj,874
91,249
.
.
Surplus for year
-V. 68, p. 1077. 1073. 475.
Chicag'O
$35,991
$5,589
$12,266
$13,992
Union Traction Company.
("Official
The holders are entitled to receive, out of the net earnings of tho
company, for each fiscal year beginning July 1, 18^9. dividends at
the rate of not to exceed 5 per cent per anrium, in preference and
priority to the payment of any dividend on the common stock for
such fiscal year. The dividends in each year are cumulative, and if
in any fiscal year the dividends declared upon the preferred stock
should be less than 5 per cent, the deficiency shall be made up in thedividend declared for ihe next succeeding year or years. In the event
of the dissolution of the company or the distribution of any part of its
corporate assets among its stookholdtrs, the holders of the preferred
stock shall be entitled to receive payment in full of the par value of
their preferred stock out of any surplus of assets remaining after the
payment of its corporate debts, before any distribution or payment
shall be made out of the same to any of its common stockholders.
.
Both stocks have equal voting power.
The Chicago Ur ion Traction Co. issued,
Statement,
Road Operated. — Oq
July 1, 1899, the company acquired,
and agreements, the entire railroads and assets of
the North Chicago Street RR. Co. and the West Chicago
Street RR. Co., and assumed the liabilities and contract obligations of the Slid companies. The lines thus acquired are:
72-70
West Chicago street RR., ownpd
Do
leased from Chicago West Dlv. Ry.
9600
34-(iO
Do
leased from Chicago Pass'ger Ry
North Chicago Street RR., owned
43-37
Do
leased from North Chic. City Ry
50 96
by
1299
leases
full-paid and nonassessable, its entire preferred stock, $l2.0u0,000, and $19,999,200 of its common stock, in consideration of its receiving
the aforesaid leases and the aforesaid, 82.000 shares of the
capital stock of the West Chicago Street RR. Co., and 20,000
shares of the capital stock of the North Chicago Street RR.
Co., and in the further consideration of being furnished with
the sum of $2,000,000 cash as a working capital and better-
ment and improvement fund.
Earnings and Balance Sheet. —For the year ending July 1,
1899, the earnings of the lessor companies were
West ChiTotal double track operated
29703 cago Street RR.: Gross, $4,147,117; net over operating exCharges. The amounts annually payable by the Chicago penses, $2,065,797. North Chicago Street RR.: Gross, $3,u49,028; net over operating expenses, .$1,617,564.
Union Traction Co. on account of rentals, interest, etc., are
:
—
:
WEST CHICAGO STREET RAILROAD.
Rental, 6 per cent on $13,189,000 stock, less $3,200,000
thereof owned by the Traction Co
Interest on $3,917,000 Ist mortgage 5s
Do on $6.0-<3,000 consolidated 58
Do on $ il2.000 oertiflcates of Indebtedness
Do on $ 1 Oi »,000 I St mortgage tunnel 58
'^
,
Do
Do
Do
Do
Do
Do
on mortgage on power house
at
35pproenton stookof
Chio.
West Div Ry.
on $4,070,000 Ist mortgage 4iflS do
do
at 5 per cent on stock of Chicago Pass. Ry. Go
on $400,000 Ist mortgage 68
do
"do
on$l,306,000oonso].Jmort. 58
do
Co...
...
.$599,340
19 ,850
304,150
36.720
75.000
10.200
*218,715
183.150
t30.515
24,00'
65,300
do
Total
$1,742,940
[The earnings for the system, with surplus over charges^
were given last week, page 1247 ]
CHICAGO UNION TRACTION CO., GENERAL BALANCE SHEET SEPT. 30, 1899.
A ssets—
Cost of stocks
&
Rental 12 per cent on $7,920,000 capital stock, less $2,000,OhO thereof ownt'd by the Traction Co
$710,400
Interest on $^,171,000 1st mortgage 53
l.'>>',5i'0
Do on $29S,00i» oertiflcates of Indebtedness of 1891.
17,880
Do on $1,260,000 certifloates of indebtedness of 1895.
75,600
Do on $15,000 mortgage 6 per cent note
900
Do at 30 per cent on stock of the North Chic. City Ry..
174.970
Do on $500,000 of the 1st moituage 68
do
30,000
Do on $;i,500,000 2d mortgage 4ifia
do
112,500
.
Total
$1,180,800
Total annual charges of Chicago Union Traction Co. on
account of rentals and interest.
$2,923,740
.
Coupons deposits
111
Tr.
l.'i.OOO
&8av.Bk.,Trus.
54,69d
77.«?0
12,238
l,Oh2
24,455
3.553
74.000
62,963
Accounts receivable...
8. Post Ofiice
Open accounts
Discount on loans
Dividends, accrued
Div. on stocks, leased
North Chicago St. RR.—
Bonds redeemed
U.
.
Tripartite Agreemer<t.—Uri6et date of June 1. 1899, the
West Chicago Street RR. Co., the North Chicago Street RR.
Co. and the Chicago Union Traction Co. entered into a tripartite agreement in writing, providing that the Chicago
Union Traction Co. should, contemporaneously with the delivery of the said two leases, deposit with the Illinois Trust
Savings Bank of Chicago, the sum of $10,000,000, either in
cash or in securities of such kind and to such an amount as
should be approved by the said North and West Chicago
companies, and that the money or securities so deposited
should constitute a special fund, to be held by the said trustee for the account of the Chicago Union Traction Co., the
income thereon payable to it until it should make default in
the payment of the rent or in the performance of the obligations on its part to be performed, stipulated in and by the
said two leases, or such other lease or leases as it might
thereafter obtain upon additional street railways in the City
of Chicago, and that in case of such default the income of
such cash or securities, or the principal thereof, so far as
necessary, should be appropriated and applied to the payment and discharge of the obligations created by said leases;
that if stocks of corporations constituted such deposit, the
Chicago Union Traction Co. should always have the right of
voting the same.
Pui suant to the tripartite agreement aforesaid there was
deposited with the Illinois Trust
Savings Bank of Chicago
32.000 shares (|3,200,000 par value) of the capital stock of the
West Chicago Street RR. Co, and 20,000 shares ($3,000,000
par value") of the capital stock of the North Chicago Street
RR. Co, as the equivalent of $10,000,001 in cash, the West
Chicago Street RR. Co. and the North Chicago Street RR.
Co approving the substitution.
Stocks Controlled.— The Chicago Union Traction Co. owns
and controls the following amounts of stock
&
&
Profit
Liabilities
285, 87e
and loss, surplus.
472.163
987,096
Liabilities
Suspense account
— V. 69, p. 1247,
17
Unclaimed wages
38,1 7&
Accident fund
Open accounts
20,042
729
Interest accrued
Rentals,
do
850,97ft
Taxes,
do
36,685
Sinking fund, accrued.
15,634
AseetsNo.Chic.8t. RR. 2,515.000
Assets W. Chic. St RR.
635,619
6,000
482,529
2,036.846
Suspense account
West Chicago St. RB.—
Total
Interest on $1,250,010, less on $625,100 controlled by Traction Co.
t Int. on $1,340,300, less on $730,000 thereof held by Traction Co.
J Interest on $500,000, less on $250,100 controlled by Traction Co.
»
Liabilities
Stock, preferred...
"
common
12,000,000
20,000,000
2,000,000
Treasury s'tke & bds..
5,815
Construction
19 213
Total stock
32,000,000
Real estate
53,403
19,366 Coupons
Equipment
76.291
3.441 Employees' deposits...
Other property acots..
1.511 Tickets
4,958
Cash
103.522
426.690 Vouchers
Revenue stamps
96,442^
Pay rolls
1,095
Improvement fund
Supplies
NORTH CHICAGO STREET RAILROAD.
—
$
leases. 29,9 26,000
36,733,373
36,733, 37S
Total
1147.
Milwaukee & Chicago Breweries.
(Report for the year ending Sept, 30, 1899.)
The report shows results for the English
controlled property in America as below
company and
it»
:
ENGLISH COMPANY.
Year—
Dividends,
etc.,
1897-8.
Deduct—
Expenses paid
1895-6.
£82,175
£64,300
£2,582
£2.680
Incometax
1896-7.
£44,178
1898-9.
received.. £7,209
£3,267
£3,524
7,328
(5i3%)42,625(10%)77,500(8%)62,0OO
Dividend on pref. stock
£2,799
£1.224
£1,029 8ur.£l,408
£775,000; preferred 8 p c. cumulative,
£775.000, on which there are, it is stated, 163^ per cent of
dividends in arrears. The $3,500,000 bonds are obligationsof the American company, which is known as the United
States Brewing Co.
Balance, deficit
Common
stock
is
UNITED STATES BREWING CO.
Year—
1895-6.
1897-8.
1896-7.
.672,050
643,800
624.724
$
$
646,375
4,911
753,629
3,238
828,053
15,096
824,061
9,267
1P8,431
180,301
180,609
1-9.4 87
22,447
175,000
215,000
169,843
162,510
22,140
175,000
400,000
1S1,32&
123,875
1898-9.
Barrels sold.
Profits
Interest
—
Deductions
Depreciation
Repairs
Office, etc.,
expenses
Bond
interest
Dividend to EngUsh Co.
Balance
i'0 2i2
175,000
.. 35,000
...sur.
—V. 69, p. 80.
679,042
$
1«.785-
175,000
31'-J,500
42,342 def. 15,626 def. 86,345 8ur. 23,841
City of Chicago
Brewing & Malting
(Report for the year ending Sept.
Co.
30, 1899.J
:
STOCKS
OWNED AND DEPOSITED UNDER TRIPARTITE AGREEMENT.
RR
RR
"West Chicago Street
North Chicago Street
Par Value.
$3,2oO,Ooo
2,000,000
STOCKS CONTROLLED UNDER LEASES.
Chicago West Division Ry. (pledged under West Chicago
StreetRR. Istmortgage)
6?5,100
Chicago Pass. Ry. (in name of Jesse Spalding. Trustee)
730,0(
North Chlc.City Ry. (oollat'l for North Ohio. St. RR. Istm.).
250,100
Stocfc,— The capital stock of the Chicago Union Traction
Co. consists of 200,000 shares, of the par value of $100 per
share, of common stock, and 120,000 shares, of the par value
of lido per share, of 5 per cent cumulative preferred stock.
The preferences of the preferred stock are as follows:
The
results for four years past, both for the English comits controlled property in America, were as below :
pany and
CrrY OF CHICAGO
BREWING & MALTING
Tear.
Receipts.
Expenses.
1898-9
1897-8
18^6-7
1895-6
£5,154
£4,036
3.104
51.357
51,420
2.H33
3,202
2,844
CO.
Dividends.
£50,000
Balance.
sur. £1,118sur.
271
def. 1,845
def. 1,425
50,000
of cumulative preferred stock received its full
8 per cent in each year from 1891 to 1897, except in 1894, when,
as in 1898 and 1899, none waa paid. The common stock is also
The mortgage is for
£625,000; no dividend since 1893.
$3,166,000 of 6 per cent bonds and waa made by the American
company, in whose report the interest charge appears.
The £625,000
THE CHRONICLE.
1300
Tear—
—
CHICAGO CONSOLIDATED BREWING & MALTING CO.
1898-9.
1896-7.
1897 8.
Profits, etc
Kepairs, office exp., etc...
NetearnlnRS
Interest on bonds
409,642
548,329
247,846
2,221
25,000
300,983
189,960
15,898
15,000
399,801
189,960
10,343
250,000
473,036
189,960
16,352
250,000
18,538
S0,125
50,503
16,722
359,489
Other interest
Div. to English company.
Balance, surplus
1895-6.
350,662
s
643,219
243,418
i60,597
$
448,648
250,005
198,643
189,960
Barrels sold
dr.
s>
df.
[Vol. LXIX.
$
762,310
289,274
Repairs, etc., 1899, include: Depreciation, $83,946; repairs, $73,952; reserve
for doubtful debt, $72,119; main ofiBce expenses, $19,987. The " profits, etc.," in
189&-99 include with ordinary proflts interest $810, against $5,050 in 1897-8;
rents, $1,393, against $3,441.— V. 69, p. 78.
Canada Sonthern Ry.— Officers. At a meeting of the
directors on Thursday, Frederick W. Vanderbilt was elected
a director to fill the vacancy caused by tne death of Cornelius Vanderbilt. Charles F, Cox, who has hitherto held
the office of Vice-President, was elected President of the
company, and Edward A. Wickes was elected Vice-President.
Frederick Middlebrook was appointed Assistant Treasurer.
The results for the year are shown under the heading
"Annual Reports."'—V.
68, p. 1129.
—
Central Termont Ry.— Called Bonds. The following 6
per cent equipment bonds have been drawn by lot, viz Nos.
:
48, 54, 73, 103, 120, 138, 147, 187, 223, 251, 258, 267, 311. 332,
344, 348, 364, 384, 392, 395, 414, 422, 427, 446, 459, and are
payable, with accrued interest, on Jan. Ist, 1900, at the office
of the company. V. 69, p. 851.
—
GENERAL INVESTMENT NEWS.
—
Chicago Burlington & Quiacy RR.—CMed Bonds. Bur& Missouri River Railroad Co. in Nebraska nonexempt consolidated mortgage 6 per cent bonds, due July 1,
1918. have been drawn for payment as follows, viz.: $125,000
bondsfor $1,000 each and $15,000 bonds for $600 each. The
bonds drawn will be paid at the New England Trust Co. in
Boston on Jan. 1, 1900.— V. 69, p. 1193,795.
litgton
RAILROADS. INCLUDING STREET ROADS.
Reorganizations, Etc.— Latest Data as to Defaults, Reorganization Flans, Payment of Overdue Coupons, Etc. All
facts of this nature appearing since the publication of the last
issues of the Investors' and the Street Railway Supplements may be readily found by means of the following index.
This index does no^ include matter in today's Chronicle.
For some smaller companies see Chronicle of Nov. 18, 1899.
BAILROADS & MISCELL. COMPANIES. Railroads & Miscell. Co.'s— (Conj
—
Volume 69—
Addyston Pipe &
Page,
Steel. ...d^'cision. 1194
Amer.Bell Telph.f nius/ero/ assets. 1195
Atch. Col. & Pac...neTW see's reiidy.XlOi
Atch.Jew.Co. & W..)!et«sec'sreadi/.1102
Atlas Tack
Bird's
foreclosure saJe.1105
Eye Jellico Coal
/orcclos. 1149
Chicago & Grand Trk... reorg. p^in. 954
do
do
ccposiU.loai
Chic. Pack. & Prov
newplan.1250
Chic. Peer. & St. L.
sale Dec. 1H.1147
Cit.Gas of Bridgep't, Conn.defaulM149
Lima A Milw
rectiver.1103. 1193
Consum.Elec. Light (Tampa, Fla ).
successor company
1 151
Dolgeville (N. Y.l Elec. L. & P
1195
Eureka Springs Ry
dftau(t.l061
Fort Wayne (Ind.) Water Power.. 1196
Harper & Bros
receiver.ll5(^, 1196
Harrisburg (Pa.) CarMfg
snld.l06B
K. C. Pitts. & Gulf .mod. p(an.l012, 1082
do
do
success of iToro.1247
Col.
Volume 69
Page.
Licking River
successor co. 1193
Northwestern Pack. Co. of Sioux
Falls
adjinied bunkrupt.l2il
Peor.Dec.&Ev..dec.;a!7ive?ji'f. 1063, 1103
sale Jan. 4.1248
do
od
Pitts. Chic. & St. L.reporttd dccis'n. 1248
St. L. Chic. & St. Paul, sale Dec. 18.1147
Sioux City & Nor
sa!f.l248
Southw. Ark. & Ind. Ter. Ry..ga(e
1 063
set aside
Suburb.Elec.of Covingl'n,Ky.rec'r.ll61
Unit. VerdeCop...reinc.pian.ll07, 1153
Wabash RR
deb. interest. UOi
West. Maryland. proposed
Lima-Hon'ye(N.Y.)EI.L.&RR.snl«.ll03
New
Orl. City RR. .iino see's re(«ii,.1248
Norf. So. (Ma>s.) St. Rv.rec'r.1103, 1148
—
Albany Railway. Transfer to New Company. The
" Albany Argus " says: The date for the formal transfer of
property by the Albany and Troy City railways to the new
corporation, the United Traction Company, has been fixed
for Dec. 30.— V. 69, p. 1147, 909.
—
Arkansas Midlaad Ry. New President. Major John J.
Horner has been elected President in place of Col. A. H.
Johnson, who was killed on the 4th inst. at Salida, Col.
Atchison Topeka
& Santa Fe Ry.— More Direct
Ownership.
of the stockholders at Topeka on
the 14th inst. action was taken looking to the conveyance in
the near future to the Atchison Company of a number of
lines now held by ownership of securities.
The following
lines will be so conveyed
Denver & Santa Fe Ry.
Hanover RR.
Pueblo & Arkansas Valley RR.
Cblc. Santa Fe & California Ry.
Kansas Oklahoma Cent. & South- Sibley Bridge Co.
western Ry.
Missouri Riv. RR. & Toll B'dge Co.
Kansas & Southeastern RR.
Atch. Top. & San. Fe RR. in Chic.
Blackwell & Southern Ry.
St. Joseph St. L. & Santa Fe Ry.
Santa Bita RR.
Hutchinson & Southern Ry.
:
These lines, with the conveyances already made, will vest in
the Atchison Company the title to about 4,000 miles and
serves to uaify the system. V. 69, p. 1193, 1061.
Baltimore & Ohio Southwestern Hy.— Called Bonds.—
Twenty (|20,000) Ohio & Mississippi Equipment Trust certificates have been drawn for redemption as follows: Series B,
507. 527, 538, 586, 538, 542, 547, 558. 567, 571; Series C, 616,
631, 633, 647, 655, 658, 664, 673, 684, 687, The interest thereon
will cease on Jan. 1, 1900 —V. 69. p. 645, 3S3.
Boston & Albany RR.—-Opposition to Lease. The "Boston
Advertiser" says that in addition to the opposition of a number of Democrats in the Legislature to the proposed lease of
the road to the New York Central Companv, which will
come up for approval at the coming session of the general
court, H new factor has appeared in the opposition of the
State directors of the Fitchburg RR., who, it is said, will
oppose the lease nn the ground that it will cause a further
diversion of trafific from the Fitchburg RR., in which the
State owns $5,000,000 stock, to the Boston & Albany.
A circular protesting against the lease, and signed by John
D. Bryant, Francis Blake, Uriel H. Crocker, Edward S.
Dodge, Frank W. Reynolds and Chas. P. Robinson has been
sent to the stockholders of the Boston & Albany RR.— V. 69,
—
—
p. 1246, 1102.
—
Boston Elevated RR.
Instalments. —It is announced
the corooany will call payments on the capital stock of
$25 on Feb. 16 and $25 on April 16. making the issue of
$10,000,00:), all full paid.— V. 6J, p. 1010.
Butte Electric Ry. Incorporation. This company has
been incorporated in West Va. with $1,000,000 of authorized
—
—
Incorporators W. A, Clark, of Butte, Mont.;
A. McDonald, W. L. Ho?e. J. C. Kennedy, all of New
York City; H. Gat water, of East Orange. N.J. The new
company i.s, presumably, successor of the Butte (Moat,) Consolidated Ry. Co., which has been in default on its $500,000
of bonds for more than two years.— V. 64, p. 663,
capital stocR.
J.
circular
1147,
—
Chicago Peoria & St. Louis RR.— Sale Jan. 8. The foreclosure sale fixed for Dec. 18 has been postponed till Jan. 8
for the accommodation of the prospective bidders. V, 69,
—
p. 1147, 851.
Chicago Union Traction Co.— Purchase.— Official State-
—
Page.
1148
rec's re'dy.<tc.ll03,
— At the annual meeting
Co.— Ojjfion.— A
proposed purchase of the property by
the Chicago Union Traction Co., it is stated, offers to the
stockholders the option of turning in their stock at $45 a
share and receiving in return a receipt entitling them to
bonds bearing 41^ per cent interest, these bonds to be secured on the property of the Consolidated Company and to
be guaranteed by the Union Traction Co.— V. 69, p. 1247,
saif, etc. 1064
Street Railways.
Volume 69
Ki Dgs Co.El.iiew
Chicasro Consolidated Traction
letter respecting the
ment. Regarding the purchase of the Chicago Consolidated
Traction Co., see that company above. The official statement to the New York Stock Exchange is cited under the
heading, " Annual Reports."— V. 69, p. 1247, 1147.
Cincinnati Hamilton & Dajton Ry.— Option of Exchange
Witlidrawn. The directors have voted to withdraw the
option to convert the 4 per cent preferred stock into 5 per
cent preferred. Very little of the stock was ever converted.
V. 69, p. 952, 795.
—
—
Cnyamaca & Eastern RR.
—A
Change of Control— Possible
press despatch to the "Los Angeles
Times" on Dec. 8 stated that a controlling interest in this 30mile road, extending from San Diego to Foster, in the Ca.ion
Valley, has passed into the control of A. B. Sprejkels of Sin
Francisco, who also owns the La Jolla Railway, another
short line out of San Diego. Mr. Spreckles, it is said,
paid $50,000 for 40 per cent of the stock and some of the
bonds of the Cuyamaca road, and it is thought may consolidate it and the La Jolla road under one management.
Consolidation.
& Lima Northern Ry.— Sale
of Golum'^us ExtenUnited Scates Circuit Court at
Toledo has appointed Irvin Belford special master to sell the
ColumbDS and St. Mary's extension. The upset price is fixed
at $200,000.— V. 69, p. 1011, 905.
Detroit
sion.
—Judge Clark, in the
Eastern Trunk Lines. Increase of Rates.— The Eastern
their Western connections have given notice of a proposed re-classification on Jan. 1 of about 500 commodities, on almost all of which the change is equiv-
Trunk Lines and
alent to a material increase of rates. Sugar, soap, coffee,
farm implements, cattle and coal are among the arti-
flour,
Complaints having been received regarding
cles affected.
the change the Inter-State Commerce Commission on Dec.
The roads
21 began an investigation regarding the matter.
claim the existing rates are unjustifiably low, and in view of
the increased cost of railway operation should be advanced.
V.
68, p. 40, 333.
—
East Shore Terminal Co. Judgment. Judgment for
$3,647 was entered against the company on Dec. 15 in favor
of John R, Cowen, for unpaid coupons, payment of which
was demanded July
18,
1895.— V.
66, p. 425.
Y.) & Uorseheads Ry.— Elmira Water Li^ht
Ry — Foreclosure— Sep Elmira Municipal Improve-
Elmira (N.
&
Street
Co., among "Industrial
panies" on a subsequent page.
ment
Gas and Miscellaneous Com-
—V, 67, p. 1109,
Great Northern Ry.— Stock Rights. — It reported that the
stockholders are again to be offered rights in connection with
958, 951, 851,
the taking up of some new property. — V. 69,
is
p.
848.
Havana Electric Ry.— Consolidation.— Thia company on
Thursday absorbed all the street railway interests of
Havana. There are authorized to be issued on the consolidated properties $5,000,000 common and $5,000,000 preferred
stock and $5,000,000 of 5 per cent 50-year bonds. Officers
Edwin Hanson, President; W. L. Bull and R. A. C. Smith,
Vice-Presidents; A. Marcus, Secretary and Treasurer. Directors beside the officers:
p. A. B. Widener, Thos. F. Ryan, Sir Wm. C. Van Home, Wm. MoKenzie. Frederic Nichols. H. M. Perkins, Thos. P. Fowler, E. H. A.ndreni, Win, M. DouU, N, Gelats and G. B. M. Harvey.— V. 68, p. 524, 85.
J
December
THE CHKONICLE
23, 1899.]
Hocking Yalley Rj.— Acquisition.— NegotisLtions, it is
understood, have reached an advanced stage for the acquisi
tion of an interest in the Toledo & Ohio Central Railway by
or on behalf of this company. No new securities will be
issued on this account. See Toledo & Ohio Central below.—
V. 69, p. 1103, 955.
—
Illinois Central HH.— Omaha Line. Local trains were
to begin running this week on the new line to Omaha, the
Fort Dodge
Omaha RR. Through trains between Omaha
and Chicago, it is thought, will be put on about Jan. 1. V.
69, p. 1148, 1011.
&
—
—
Inter-State Commerce Commission. Safety Appliances.
Inter-State Commerce Commission has granted the railroads an extension of time until Aug. 1, 1900, in which to
equip their rolling stock with air-brakes and automatic
couplers.- V. 69, p. 1062. 494.
The
1301
86,000,000 from lands east of the Missouri River. Then there
are 13,500,000 of prior lien bonds which we did not sell. It
has been provided also that the company may issue $1,500,000 worth of bonds annually for improvement work. The
Weyerhauser purchase includes only our patented land and
by no means includes all of our timber lands. Northern Pahas been adding to its mileage about 200 miles a year
and will probably continue to do so. It will certainly keep
up its improvement work. No very important acquisitions,
however, are in contemplation."
Opposition to Redemption of Bonds. — Geddes & Smith,
referring to the call for payment of the balance of the
outstanding general first mortgage of the Northern Pacific
" We are advised that such
RR., say in an advertisement
action is illegal and invalid; that there is no sinking fund
cific
:
Holders are invited to confer with us
Wall St.'— V. 69, p. 1248, 1103.
Oregon RR. & Navigation Co. Retirement of First Mortgage 6s.— Only '$,569,000 of the old first 6s remain outstanding, and notice is given that the Farmers' Loan & Trust Co.
will receive proposals until Dec. 30 to sell to the sinking fund
applicable thereto.
at No. 10
GnU BJR,.— Deposits Under Plan.
time for deposits of securities, under the plan of re
organization, expired on the 20th inst. The committee announce that over ninety per cent of the securities of the several companies have been deposited.
It is thought that the $158,000 of the eame at 110.
If the required amount is not
foreclosure will be effected and the new company in posses- forthcoming at that price, the requirement will be met
sion by the 1st of March.— V. 69, p. 1247, 1062.
through the drawing of bonds by lot for payment at par. V.
Kansas City Pittsburg &
—The
Kentucky & Indiana Bridge Co.— Sale.
—The foreclosure,
will take place Jan. 18.— V. 69, p. 180.
Louisville Railway.— iVisw Bonds.— As already announced
the company proposes to issue $2,000,000 of bonds for new
equipment and betterments. The plan is to be submitted to
the stockholders at their annual meeting in January. V. 69.
—
69, p. 906, 901, 592, 591.
it is eaid,
Peoria Decatur & Evansville Ry. Reorganization Notice.
Walston H. Brown, Chairman, gives notice as follows: Under the plan and agreement
to purchase the road, holders of the second mortgage bonds
and holders of certificates of deposit of the Ne cv York Security & Trust Co., and holders of stock of the Railway Comp. 1103.
Manhattan Hy.— Battery Park.— The company has sub- pany will take notice that Jan. 22d, 1900, is fixed by the
mitted to President Clausen, of the Park B^ard, various committee as a date after which none of such securities will
plans for a change in the route of the elevated roads at South be received by such committee on deposit under said plan.
Ferry to comply with the requiiements of the Board. V. 69, An alteration of the committee's plan has been lodged with
the Central Trust Co. of New York, and will become operp. 1148, 1103.
ative and binding on the 231 day of January, 1900, before
Massachusetts Electric Companies.— iVew Stock.— The which da^e objecting depositors may withdraw their securiMassachusetts Railroad Commission on Dec. 20 gave a hear- ties.—V.
69, p. 1248, 1104.
ing on the petition of the West Roxbury & Ro^lindale Street
Pittsburg Shawmut & Northern RR.— Earnings.—The
for authority to increase the capital stock to
Railway Co.
net earniogs for the first four months, Aug. 1 to Dec. 1, of the
$262,500 for the purpose of paying floating indebtedness.
consolidated company, were $104,810. The fixed charges for
V. 69, p. 1148, 955.
the same period were $66,667, showing a surplus of $38,143.
Michigan Central RR. New Director. H. McK. Twombly The American Sugar Refining Co. has just completed, and
has been elected a director in place of Cornelius Vanderbilt, in a few davs will open, a large stave factorv at St. Mary's,
deceased. The preliminary annual statement appears under Pa., on the line of the road.—
V. 69, p. 386, 284.
the heading "Annual Reports."— V. 69, p. 27.
Raleigh & Glaston RR. Consolidation. See Seaboard &
Milwaukee Electric Ry. & Light Co. Ordinance.— The Roanoke below.— V. 69, p. 1248, 1013.
Milwaukee Aldermen on Monday, by a vote of 25 to 17,
Railroad Construction in 1899.— The current issue of
passed the ordinance extending for ten years the company's
By amendments, however, the the "Railroad Gazette" contains an article on the year's railstreet railway franchise.
clause fixing the rate of fare was changed from "shall" be road building, from which we quote: "More than 4,500
miles of new railroad will have been built in the United
five cents" to "not to exceed five cents," and the hours during which twenty-five rides are to be allowed for $1 were States during the year which ends on Dec. 31 next, accordmade from 5:30 to 8 a. m. and from 5 to 7 p. m. There were ing to a preliminary estimate. The exact mileage of new
also a few minor changes made affecting the streets on road for the year, according to estimates and facts already at
which the new franchises are granted. The measure has yet hand, is 4,557, built by 257 companies. This is a remarkable
building, for it is necessary to go back to
to be finally acted upon by the Common Council. Some revival in railroad
1892 and 1891 for similar figures. The average for the four
doubt also is expressed as to whether the ordinance was advertised long enough to be valid. The opoonents of the years from 1894 to 1897, inclusive, was only about 2.000 miles
measure say that if necessary they will fight it in the a year. In 1898 3,265 miles were built, or about 50 per cent
courts. The original ordinance (V. 69, p. 1012,) was not more than in the preceding years.
"The State which takes the lead in new railroad building
brought to a vote. On Thursday H. A. Schwartzburg obinjunction restraining the Common Coun- is Iowa, with a total of 553 miles. Next comes Minnesota,
tained a temporary
with 374 miles; Arkansas, 265; California, 209, and Michicil from proceeding further with the ordinance.— V. 69, p.
gan, 178 miles. These five States include one-third of the
1012.
—The reorganization committee,
—
—
—
—
new mileage of the year.
"It is interesting to note the distribution of the new construction among the o'd lines. At the head of the list stands
the Chicago
North- Western, with a total of 358 miles. Then
come the Illinois Central, 196 miles; The Choctaw OklaSanta Fe, 1&);
homa Gulf, 162; the Atchison Topeka
St. Louis,
the Seaboard Air Line, 145; the Minneapolis
St. Paul, 98; the El Paso and
102; the Chicago Milwaukee
Northeastern, 90; the Northern Pacific, 88; the Chicago
Nashville, 79; the
Rock Island Pacific, 86: the Louisville
Ship Island, 73: the Oregon
Great Northern, 78; the Gulf
Railroad
Navigation, 71, and the Chicago Burlington
Quincy, 69 miles.' —V. 67, p. 1309.
total
Nashville Chattanooga
*
St.
Ry.— Bonds.—The
Louis
twenty bonds, $1,000 each, Tracy City Branch, Nos. 161 to
180 inclnsive, which mature Jan. 1, 1900, will be paid on that
date at the Continental National Bank, New York. V. 69,
—
Central
& Hndsou River RR.
Dividend In-
created.— The directors on Wednesday declared a quarterly
dividend of \)4 P^r cent, payable Jan. 15 to stock of record
Dec. 30. This increases the rate from 4 per cent, which had
been maintained since April, 1895, to 5 per cent per annum,
the same rate as in 1893 and 1894.
Earnings.— For the quarter and the six months ending
Dec. 31, 1899, estimated earnings compare with actual results
in 1898 as follows
:
Balance
Charges
3 mos.
endino
Gross
Ifet
Dec. 81. Earns.
Earning*.
1899... $14,201,400 $5,691,5'0J
Other
Income.
and Sink.
Fund.
4,698,621
|1,097,500
1,C93,666
$4,281,600
4,170,438
1899... $28,3S5,810 $11,4^4,300
1898... 24,405,148
9,317,065
$2,187,700
2,184,634
$S,526,''00
1898... 12,643,249
for
Dividends.
(1^%) $1,2.=.0,000
(1
%)
Stock.
$1,2.'S7,4C0
1,000.000
619,7.:
9
6 inoMhs—
—V.
&
&
p. 806, 793.
New York
&
8,259,636
(2M!f) $2,250,000
(2 %) 2,000.000
$2,8l7,0r0
1,141,963
69, p. 1248. 1103.
Norfolk Ry.
& Light Co.— Bonds.— The company,
it
is
stated, proposes to make a mortgage to secure |2, 600. 000 of 5
per cent fifty-year bonds, of which about $1,500,000 to be
offered for public subscription. V. 69, p. 1104.
—
Northern Pacific Ry. —i^wnds for Improvements, Additions, Etc. ^^The "Boston News Bareau" quotes President
Mellen as saying "Including the money from land transac
—
:
actions already completed or pending, the company will
have about $20,000,0^0 available for acquisitions and improvements. The Weyerhauser deal included only timber lands
in Washington west of the Cascade Mountains, and brought
in about $6,000,000.
received between $5,000,000 and
We
&
&
&
&
&
&
&
—
Rutland RR.— Incorporation of Steamship Co. The Rutland Transit Co., authorized capital stock $1,000,000. has
been incorporated in Vermont by P. W. Clement, F. H.
Batton. H. G Smith, C. L. Pierce, M. H. Chamberlin, G. R.
Bottom, all of Rutland. The company is, no doubt, successor of the Ogdensburg Transit Co.. bousht in the interest
of the Rutland RR. Co.—V. 69, p. 1007, 231.
St. Louis Chicago & St. Paul RR.—Sale Jan. 8.— The
foreclosure sale set for Dec. 18 has been postponed to Jan. 8.
—V. 69, p.
1147, 851.
—
St. Louis Kansas City & Colorado RR.— iVewj Control.
This road until recently controlled by the Atchison Topeka
& Santa Fe Ry. Co., has passed into the ownership of outside interests, which have elected the following directors:
John Scullin, D. R. Francis, J. D. P. Francis, Harry Francis, Wm.
P. Kennet and Chas. Gilbert, all of St. Loviie; A. J. Tulloek of Leavenworth, C. H. Osbun of Fort Scott and C. 8. Gleed of Topeka.
John Scullin is President. The line extends from Forest
Park, St Louis, to Union, Mo., 55 miles: Dripping Springs
branch 2 miles; trackage over the Wabash into St. Louis,
.
41^ miles.
THE CHB.ON1CLE.
1S02
—
Seaboard & Roanoke RR. Consolidation. At the meeting on Dec, 19 a majority of the stock was voted in favor of
the varions resolutions presented, including the endorsement
of the plan of consolidation, the sale of securities for the
purchase of equipment, betterments, etc. Out of the entire
capital stock, amounting to 13,884 shares, there were pre^^ent
in person or by proxy 13,069 shares, which (upon a sealed
vote, as provided for by the charter of the company) were
entitled to 3,181) votes. Of this number the representatives
of Thomas F. Ryan, in person and by proxy, were entitled
to 432 votes. These were cast against the resolutions. The
remaining 2,748 votes were cast by the Hoffman Williams-St. John interests in favor of the several measures.
At the meeting of the stockholders of the Raleigh & Gaston
RR. on Dec. 20 the purchase of shares of stock in the subordinate companies was confirmed and the proposed general consolidation was approved, the vote, it is understood, being
14,967 shares to 16. Final action is expected to De taken on
Jaruarv 17.
The Ryan interests
filed protests against the proceedings
at the Seaboard meeting, but failed both in Virginia and in
North Carolina in their attempt to obtain an injunction
stopping the consolidation, an inj auction granted in the latter State being immediately revoked. In Virginia the matter will come up for further hearing on Dec. 38. President
Williams says:
Every step in carrying through tliis consolidation has been under
the advice of the ablest counsel, and the various actions which have
l)een) taken have not only been ratified by the board of directors but
also
by the stockholders ot the several companies
There
in general meetings.
no single step which has been taken to which the slightest obleotion can be legitimately made.
Capitalization. President Williams says:
"The total
"bonded debt per mile of the Greater Seaboard system will be
about $18,000 per mile of road owned. Tbe preferred stock
will be about $7,000 per mile and the common stock will bs
only about $8,000 per mile, making the total capitalization
about $33,000 per mile."— V. 69, p. 15J48, 1247, 1148.
is
—
[Vol. LXIX.
Reserved to deal with coupons maturing prior to June
1, 1893 (any surplus to go to new company)
For contingencies (any surplus to go to new company).
3. Common stock (all stock will be in shares of $100
$40,000
2,000,000
6,000,000
each)
Of which as part consideration for $9,000,000 existing
first mortnage bonds, at 50 p. c
4,500,000
For cash requiremems
450,000
Reserved to deal with coupons maturing prior to Juoe
1,1893 (any surplus to go to new company).
."^O.OOO
For contingencies (any surplus to go to new company)
1,000,000
Voting Trust, Etc. As additional protection to the new
bonds, all stock of the n«w company [except any shares
needed to qualify directors] is to be vested for five years or
any shorter period at their discretion in the following voting
•^rustees, viz.; Charles Parsons, Herman O. Armonr, Simon
Borg, C. Sidney Shepard and 0;^to T. Bannard. The plan
provides for the termination of the voting trust, the right to
sell the stock, etc., as follows:
The stock shall be held for y?ee years by the voting trustees Jointly,
under a trust agreement prescribing their powers and duties. The
voting trustees may, however, in their discretion, deliver the stock at
any earlier date. The voting trustees shall have full power, during
—
the existence of the trust, to sell the stock subject to the approval of
a majority in amount of each class of the trust certinoaies representing the stock, exclusive however of any trust certificates then held by
tue new company. Such approval maybe given at a meeting called
tor that purpose. Until delivery of stock, cei-tifloates of beneficial interest shall be issued entitling the registered holders to receive, at the
time therein provided, stock certificates for the number of shares
therein stated, and, in the meanwhile, to receive payments equal to
the dividends collected by the voting trustees upon the number of
shares therein stated, which shares, however, with the voting power
thereon, shall be vested in the voting trustees until the stock shall
become deliverable, as provided in such certificates of the voting
trust- es.
In the event of a vacancy among the voting trustees, the vacancy
by the committee.
No additional mortgage shall be put upon the property or the
amount of preferred stock be increased, except with the consent of
the holders of a majority In amount of the preferred stock, given at a
meeting of the stockholders called for that purpose, the preferred
stock voting separately. During the existence of the voting trust,
the voting trustees will agree, by the voting trust agreement, not to
vole on said stock for the purposes indicated, without the consent of
the holders of the like amount of beneficial certificates for preferred
shall be filled
& Nortliern HR.—Sale Confirmed.— Judge stock.
December 13, confirmed the sale of this property
Cash Requirements— The estimated cash requirements of
to members of the firm of J. Kennedy Tod & Co. for $1,500,- the reorganization are as follows: Outstanding car trusts, reSioux City
Shiras. on
OCO.— V.
69, p. 1348, 9U7,
ceivers' certificates, prior claims,
expenses of the foreclosure
South Broolilyn Railroad & Terminal Co.—Sold.— At the sale and reorganization, compensation of the committee, aad
foreclosure sale on Tuesday the entire property was pur- for working capital of new company, say $900,0 '0. For
chased for |150,000, the upset price, by Samuel C. Herriman, these provision has been made by ttie reservation of the folrepresenting W, Bayard Cutting. The sale was in fore- lowing securities: $900,000 new bonds; $360,000 new preclosure of certain promissory notes amounting to $100,000 ferred stock (trust certificates); $150,000 new common stock
held by W. Bayard Cutting and R. Fulton Cutting and (trust certificates).
having precedence over a first mortgage of $1,20D,000. V. 69,
Exchange of Securities. First mortgage bondholders asp. 852, 696.
senting to the plan will receive, on the completion of the
Southern Ry. Gjlled Bonds. Charlottesville & Rapidan reorganization, for each $1,000 first mortgage bond deposited
RR. bonds as follows have been drawn for redemption and with the coupons maturing June Ist, 1893. and all subsequent
new preferred
will be paid at the Philadelphia Trust Safe Deposit & In- coupons: $1,000 new mortgage bonds; $4
stock (trust certificates); $500 new common stock (trust cersurance Co., Philadelphia, with interest, on Jan. 1, 1900:
—
—
—
(a)
$1,000 bonds Nos. 189, 28, 237, 111, 200, 221, 107;
(b)
$50O
bonds NOS. 269, 657, 468. 662. 504, 430, 523, 285, 607, 436, 33 i, 649,
302, 458, 493; (c) $100 bond No. 749.— V. 69, p. 1248, 1012, 1010.
Tliird
Avenue RR.
Electric Cars.
— The electric cars were
to begin running this week from 125th St. and the East River
to Amsterdam Avenue, and north as far as 161st St. Work
on the line to 190th St. will be pushed as fast as possible. On
the Boulevard division the electric cars did not actually begin running, from Fort Lee Ferry to 59th St., until this week.
—V.
69, p. 1248, 1148.
Toledo& OhioCentral Hj.— Stock Transfer.— ItisgeneiaMy
believed that measures are pending for a transfer of an interest in this property to Hocking Valley Ry. interests. The
properties will continue to be operated independently, but by
the free use of each other's tracks advantage will be taken of
the favorable grades to the more economical operation of
both roads.— V. 69, p. 901, 331.
tificates).— V. 69, p. 1244, 1063,
Western Maryland RR.—Neiv Directors,—The following
new directors, representing the city of Baltimore, have
been appointed by Mayor Hayes and confirmed by the Coun-
eight
cil in
special session
William T. Dixon, President of the National Exchange Bank; exMayor Robert C. Davidson, President of the Baltimore Trust & Guarantee Co.; Mendes Cnhen. engineer and capitalist; H. Irvine Keyser,
lawyer; Thomas B. Clendlnen. lawyer Frank A. Furst. PrfSJdent of
the American Dredgina; Co.; Col. John A. Tompkins, President Citizens' Trust & Deposit Co.; George R. Oaither, Jr., lawyer and Attorney-General of State of Maryland.
The new directors form a majority of the board of thirteen
directors. Mayor Hayes is anxious to dispose of the city's
interest in the property, by foreclosure if need be, but he
states that the recommendation of the new directors either
in favor of its sale or the retention of the city's interest will
:
;
be adopted.— V.
69, p. 1348, 1104.
Westfleld & Elizabeth Street Rj.— Temporary Mortgage.
Toledo St. Louis & Kansas City RR.— Meeting Dec. 29 to
Act on Plan. — The first mortgage committee, John C. Have- —A temporary mortgage for $250,000 to the Fidelity Trust
meyer. Chairman, having prepared a plan of reorganization, Co. as trustee has been filed at Elizabeth, N. J.
gives notice that tbe holders of Continental Trust Co. certifiWest Virginia Central & Pittshnrg Ry,— Connection with
<5ate8 will meet at No. 30 Broad St., Room 1634, on the 29th
Chesapeake & Ohio. Tbe Coal & Iron Ry. Co., with capital
of December, at half-past ten, to act on the same.
stock of $100,000, has been incorporated in the interest of the
tlan. Netc Securities. — The plan provides that after foreWest Virginia Central & Pittsburg Ry. Co. to complete the
closure sale, the new company taking over tbe property shall
railroad now under construction from Elkins, a distance of
—
—
authorize the following securities
1. First mortgage 4 p. c. gold bonds, to be secured by
a mortgage of all property embraced in the reorganization, and also of all other property acquired thereEfterby use of any of the new bonds. They will bear
interest from June 1, 1900, payable semi-annually on
Dec. and June 1, and will mature June 1, 1950
$12,000,000
Of which as consideration for $9,000,000 existing first
mortgage bonds, dollar for dollar
9,000,000
For cash requirements
900,0o0
Reserved to deal with coupons maturing prior to June
1, 1893 (any surplus to go to new company)
100,000
Reperved to acquire branch lines, for new construction,
extensions, improvemens, additional property and
:
equipment, etc., so far as njt required for the purposes of the reorganization
2. Non-oumulatlve4 percent preferred stock, entitling
holders lo non-cumulative dividends up to 4 per cent
per annum, payable out of the net earnings before
any dividend shall be paid on the common stock.
(The company may reserve the right to redeem at any
time its preferred stock at par in cash, if allowed by
law)
Of which as part consideration for $9,000,000 existing
first nnortgage bonds, at 40 p. o
'For cash requirements
2,000,000
43 miles, to a junction at the Forks of Greenbrier River, with
Ohio
the Greenbrier River Ry., a branch of the Chesapeake
Ry., thus affording through connection from the southern to
the northeastern part of the State. (Sae V. 69, p. 490). V.
&
—
69, p. 1348, 1148.
Wilmington & Northern RR.— Minority Stock.— The
Philadelphia & Reading Railway Co. will purchase the
minority stock at $40 a share, the same price whi h was paid
for a majority of the issue in October, 1898. Stockholrlers desiring to accept the offer should send their certificates, duly
endorsed in blank and stamped, to Wm. Jay Turner of No.
929 Chestnut St., Philadelphia. Mr. Turner is the counsel
for the Kurtz Committee that effected the settlement.— V. 68,
p.
1021,479.
& Webster
Street Ry.— Securities Authorized.
Railroad Commission has approved
6,000,000 tbe issue of $150,000 stock and of §100,000 (?) in 5 per c. bonds,
3,600,000 secured, it is understood, by a first mortgage to the Inter360,000 national Trust Co. of Boston, as trustee.
Worcester
—The
Massachusetts
Dbgember
THE CHRONICLE.
23, 1899.]
1303
INDUSTRIAL. GAS AND MISCELLANEOUS.
Company, it is stated, have assented to the plan of consolidation.—V. 69, p. 1249, 1195.
New Industrial Compauies.— Indea;.— The leading itema
heretofore published regarding new industrial companies,
Bell Telephone Co. of Philadelpliia.— iSlsw Stock— The
mostly organized or floated since the October issue of the In- stockholders can subscribe at par for 10,000 additional shares
vestors' Supplement, are indicated by the following index
until Dec. 28, payment to be made in instalments of 50 per
For list of some smaller companies see Chronicle of Nov. cent Jan. 10 and 50 per cent Feb. 10. This will raise the
18. 1899.
outstanding issue to about $4,000,000; par of shares $50, —V.
:
,
American A) kali
American Cement
Anglo Amer. Raoid Vehicle
Page.
964
1016,1066
Page.
119*
at9
Co.... 106t
Atlantic Iron & Steel.. ..956, 1195.1249
Continen.Zinc &Lead Min.&Smelt. 064
Fort Pitt (Natural) Gas
1105
General Carriage
.
1150
Independent Teleph. Co. of N. Y..lli)6
Inter State eleg.A Teleph. Co. of
Philadelphia
1251
Jersey City Water Supply
1196
Manhattan Light &, Heat
1105
Mass. Teleph. & Telegraph ...1066, 1150
Murphy Saf. Third Rail Elec.llfe6, 12.il
New York Auto. Truck
1196
Ohio <B Inri. Nat. A 111. Gas. .1197, 1251
People's Teleph. Corp. (N.Y.City).llol
i
'
i
.
Philadelphia Electric
Pure Milk
Rochester (N. Y.) Optical
Shamokin (Pa.)Light.Heat&PuW.lli 6
Sini/le Tube Autom. & Blcy. Tire. .1106
Southern Fruit
&
'I'ransportat'n... I151
1197
Water
Strohm Autom. Electric Satety
Block System
1066
Springfield (Pa.)
Teleph. Telegr.& Cable. 1016. 1066,
1151, 1197
1 197
Union Gas & Elec. Co. of N. J
Union Steel of Pittsburg
1066, 1252
United III. Co. of New Haven, etc.
119-, 1252
United Teleph. & Teleg
York (Pa.) Telephone
Extra Dividend.
Ainalicamated Copper Co
& Cam. .1197
—The
ll»^
1198
direct-
ors on Thursday declared the regular quarterly dividend of
per cent. Both the
1}4 per cent and an extra dividend of
regular dividend and the extra dividend are the same as at
the previous payment.—V. 69, p. 1249, 696.
^
American Automatic Loom Co. Incorporation.— This
company has been incorporated at Trenton, N. J. Authorized capital stock, $1,20G,000.
locorporators— A. P. W.
Seaman, James (J. Gregg of New York and William E. Fisher
of Pateroon, N. J.
American Bell Telephone Co.— Tax Suit.— The Supreme
Court of Ohio on Dec. 19 decided that telephones are taxable
in Ohio at their net rental value instead of at a valuation
based oa their cost.— V. 69, p. 1195, 1149,
American Cement Co.— First Dividend.— A. regular
dend of
divi-
and an extra one of 1 per cent have been
declared out of earnings for four months to Dec. 31, 1899,
payable Jan, 15, 1900, to stock of record Jan. 10. 1900,— V.
2 per cent
69, p, 1249, 542,
—
American Slate Co. Incorporated. This company was
incorporated in New Jersey on Dec. 13 to own and operate
quarries and factories for the manufacture of slate. Incorporators: Morris Pfaeizer. George W. Jackson, William Jay
Turner. Authorized capital stock, $1,000,000.
American Sugar Refining Co.—New Director.— Arih-ax
Donner has been elected a director in place of F. O. Matthiessen resigned.— V, 69, p, 1249, 1104.
Artificial Lumber Co. of America.— Sfocfc Offered.—The
North American Trust Co. of this city, from Dec, 18 to Dec.
23, both inclusive, received subscriptions at 70 (par value
|100) for §1,500,000 of the company's preferred stock, subscribers to receive as a bonus one share of the common stock
with each share of the preferred stock subscribed. The money
received from the above subscriptions, it is stated, will be
placed in the treasury as cash working capital. There will
also remain in the treasury $l,500,00it of preferred stock and
the same amount of common stock. The company is organized under the laws of New Jersey, and its authorized capital
stock is $12,000,000, of which $3,500,000 is 6 per cent cumulative preferred
An advertisement says:
This company has secured all the rights and patents of Oliver L.
Gardner for the manufacture of lire-proof artificial lumher from a
waste material. TlIs product has been manufactured for a period of
twelve years for inside decorations on railroad cars and all classes of
buildings. It can be used as a substitute for plaster and laths In
buildings. New patents have recently been obtained, and applied
for, covering process for its manufacture in the United States, Canada, Mexico, Great Britain, France, Germany, Belgium, Austria, RusBiaand Australia.
A
plant is now erected (fully equipped with machinery) at Barberton, Ohio, for the manufacturing of this material. A plant will be
erected within the vicinity of New York, one in the West and one in
Canada, each with an earning capacity equal to the one at Barberton,
Ohio. The earnings from the Barberton plant alone will pay 6 p. c.
interest on the $1,-^00,000 of preferred stock issued, and 5 per ceac on
the common stock Issued. A large percentage of the profits of the
foreign companies, which are to be organized by European bankers,
will revert to the Ariifioial Lumber Co. of America.
Directors— Alvah Trowbridge, President North American Trust Co
Hugh H. Hamill, President Trenton Trust & Safe Deposit Co.; Frank
G. Smith, Secretary and Treasurer Adirondack RR.; George B. Crawford, President Westchester Fire Insurance Co.; Melvin Stephens,
Director Second National Bank, Jersey City; A. R. Kuser, Secretary
and Treasurer Trenton Gas & Electric Co.; J. Wesley Allison, VicePresident Wood Motor Vehicle Co.; Thomas Russell. President Union
Selling Co., New York; T. E. Otis. President People's Brewing Co.,
Trenton, N. J.; General W. P. Orr, President Citizens' National Bank,
Plqua, Ohio L. A. Wiley, Secretary People's Gas Llcht & Coke Co.,
;
;
Charles R. Hedden, of V. D. Hedden & Sons. Builders,
York; Adjutant General T. 8. Peck, Burlington, Vermont.
It is stated that over $400,000 in cash has been put into the
enterprise to develop it to its present condition, and that the
ordeiif on hand are larger than it is possible to fill with the
Chicago.
111.;
New
present plant.— V, 69, p, 1064.
Atlas Tack Corp'n. Sold. At the foreclosure sale on Dec.
19 the property was purchased for $200,900 by Miss K, I, Har
rison. the private secretary of H. H. Rogers of the Standard
Oil Co., who was a large creditor. The sale is subject to the
mortgage made in 1891 by the Atlas Tack Corporation, to
secure $300,000 of 6 per cent gold bonds due June 1, 1901.
After the previous foreclosure sale on April 27, 1897, a new
second mortgage for $1,000,000 and a third mortgage for
$100,000 were given; it is the former of these mortgages that
is now foreclosed.
The company is said to control about 50
per cent of the tack output of the country. V, 69, p. 1105.
Atlantic Iron & Steel Co. Assents —Ahovit 75 per cent
of the ttoek of both the New Haven and the Susquehanna
—
—
68, p. 721.
Birmingham Realty Co.— Successor to Ely ton Co.— On
Dae. 15 a certificate of incorporation was filed for this compeny in Alabama with authorized capital stock of $2,000,000.
The company is organized as successor of the Elyton Co. per
plan in V. 69, p. 1014, 592.
—
Birmingham Water Worlis Co. Bond Call Revoked.
Notice is given by advertisement that the directors have
"revoked and annulled"' a resolution by them passed on Oct.
10th, 1899, in reference to the calling in and payment at
piesent of the outstanding issue of its mortgage bonds dated
July Ist, 1887."— See V. 69, p. 745.
Boon's Patli Iron Co.— Incorporated.— This mining company was incorporated in New Jersey on Dec. 13 to operate
in Virginia. Incorporators: George T Vicers, Jersey City;
Wm, D. Kellogg. William H. Corbin, Elizabeth. Authorized
stock, §1,000,000.
Chesapeake
& Ohio
Canal Co.
& Deposit Co.
Offer.
—The
Mercantile
of Baltimore recently offered $400,000
(or the interest of the State of Maryland in the canal, Subpequently C. K. Lord, President of the Consolidation Coal
Co in which the Baltimore Ohio RR, is largely interested,
increased his offer of $300,000 to $425,000 for the State's interest, free from all claims, or $250,000 and the purchasers to
assume all judgments and other claims. Mr. Lord agrees
to maintain the canal as a water-way for 25 years. Some
Deposit Co, is acthave thought that the Mercantile Trust
ing in the interest of parties identified with the West Virginia Central
Pittsburg Ry, Co.— V. 69, p. 1195.
Trust
&
,
&
&
—
Colonial Sugar Co. Incorporation. The certificate of
incorporation was filed at Dover, Del., on Dec. 19; capital
stock $100,000, with the privilege of increase to $100,000 000.
The company is chartered to engage in the production,
manufacture and refining of sugar molasses and melada in
the United States and its dependencies. The incorporators
were merely dummies, V. 69, p. 1250.
Consolidated Lake Superior Co.— Instalment on Preferred Stock.— The direct :>Ta, it is stated, have decided to
make the next call on the preferred stock receipts to mature March 1st, instead of Feb, 1st, in order to avoid the necessity of estimating a dividend for thirty days on the third
payment of $5 per share, V. 69, p, 909, 441.
Dallas Manufacturing Co. of Hnntsville, Ala.—Increase
of Stock Authorized. Tne proposed increase in the capital
stock for extensions, etc., was duly authorized on Dec. 19.
The capital stock authorized by the act of incorporation is
stated as $1,250,000.— See V. 69, p. 1150.
Diamond State Steel Co.— First Dividend. A dividend of
4 per cent has been declared on the paid-up capital stock,
payable Jan. 22nd to stock of record Jan. 12 out of the earning of Diamond State Iron Co. for the half-year ending Dec.
31, 1899.— See V. 69, p. 1014, 335.
Distilling Co. of America. Held in Abeyance. It is
announced that the plan which has been under consideration
for the raising of
about $2,000,000 additional working
capital will be held in abeyance until a more favorable condition of the money market. V. 69, p. 957, 796.
—
—
—
—
—
—
Elmira (N.
Y.) Municipal Improvement Co.— Foreclosure to Proceed. On Dec. 20, in the Supreme Court, the injunction which for some time has prevented the sale of the
property was vacated. The proposed reorganization plan
was in V. 67, p. 1109. See also Street Railway Scpp, under
"Elmira."-V.
—
67, p, 1207, 1109.
—
Eljton Co. Transfer. This company's property was to be
transferred on Dec. 16 to the successor corporation, known
as the Birmingham Realty Co. V. 69, p. 1014, 592.
—
Everett Land Co. Sold.— At the foreclosure sale on Dec, 9
the property was bid in by Francis H. Brownell for the
bondholders for .$750,000, Reorganization committee W, J,
Rucker, of Everett, Mr. Gates, of N. Y., and J. D. Farrell, of
Others interested are said to be: J. T, McChesSeattle.
ney, John D. Rockefeller, Edwin H. Abbott, etc. The sale
included the Everett water works, several thousand acres of
upland and tidelands, city lots and buildings, wharves and
warehouses, a newspaper, etc. V. 69, p. 79.
:
—
—
Hammond Packing Co.— Dividend Status.— Thia company, organized in March, 1898, as an offshoot of the G. H,
Hammond Co., to operate the plants at Omaha and St.
Joseph, has declared a dividend of 7 per cent, payable Dae,
The first dividend paid last
20, for the year ended Nov. 1.
year was at the same rate per annum, but was for the
period from March 21, when operations began, to Nov. 1,
The authorized capital stock is $1,000,000.— See Ham1898.
mond (G.
facts as to status
) Co. above, also for further
V, 66, p. 1001 and V. 67, p. 1007.
Hammond (G. H.) CouiL]fanj.— Readjustment Change
of Control. An Ameiican syndicate headed by J. P. Lyman
of Chicago, General Manager, and inchtding the principal
H
—
—
and American directors of this Michigan corporation,
has arranged to purchase 73 percent of its capital stock from
officers
THE CHRONICLE.
1304
the
G.
H.
Hammond
Company, Limited, which has
owned the
entire outstanding issue, viz: $2,500,000 common
stock and $1,100,000 preferred. The total cash consideration
is £165,000.
As part of the scheme the bonds of the English
company are to be reduced from £340,000 ($1,700,000) to
$1,550,000 by a cash payment, and exchanged $ for | for the
direct first mortgage 6 per cent bonds issued In 1890 by the
American company and heretofore held in trust as security
for the debentures of the English concern. The stock of the
American company (authorized issue $4,0u0,000) will be made
all of one class.
The English company will reduce its capital stock from
£1,104,500 to £185,000 [all of one kind] and will continue to
own the remaining 37 per cent of the stock of the Michigan
company and also about 21i^ per cent of the stock of tne
Hammond Packing Co. This last-named corporation was
ora:anized early in 1898 with a capital stock of $1,000,000 and
is the lessee of the Omaha plant; it also operates the St.
Joseph plant (V. 66, p. 1001: V. 67, p. 1107;.
The securities of the English company, it is stated, will be
treated as follows:
To Receive
[Vol. LXIX.
26, 1899.
The time for making deposits will expire Dec. 23.
The re-organizatioa committee consists of W. H. Male, David
A Boody and H. A. V. Post, with John D. Reynolds, Secretary, 45 Wall St., New York City.— See RR, Equipment Co.,
V.
69, p. 82;
V.
63, p. 458.
Knickerbocker Bailding (IncorporateJl) of New York
Citj.—Bonns Offered.— C. B.. White & Co. offer at 101 and
interest, by advertisement on auother page, the company's
$5'j0,000 4i<
per cent $500 gold bonds, secured by first
mortgage on the building on the northwest corner of Fifth
Ave. and 27th St., the building in which the Knickerbocker
Trust Co, is the principal tenant. The bonds are due in
fifteen years, but are subject to call after ten years at
See advertisement.
10'i}4-
Knickerbocker Ice of Chicago.— Diridewd Reduced.— The
company has declared a quarterly dividend of 1 per cent on
the
common
stock, instead of IJ2 per cent s s heretofore.
of a 60,000ton ice house in the North and a
40,000-ton ice house at Williams Bay is given as the reason
for the reduction.— V. 68, p. 769, 720.
The construction
—
Manhattan Telegraph Co. — Called Bonds. Six of the
mortgage bonds— viz., Nos. 34, 68, 76, 116, 118, 145—
Amount.
%
% Amount. have been drawn aud will be paid on or after Jan. 2rt. 1900,
s
4w
£65.800
£8,225
12ia
58,750
'27Jfl
129.250 at the oflfice of the company 124 Water St., N. Y. City.
213
11,750
10
47,000 John A. Peck is Treasurer.
Holders of the debentures (£340,000), as stated above, will
Mount Vernon- Woodberry Cotton Duck Co.— ^wcawe
receive an amount equal to 6 per cent of th^ir holdings in Mortgage. — The company has executed
a mortgage to the
cash and the remaining 94 per cent in the first mortgage International Trust Co. of Baltimore, as trustee, to secure
bonds of the American company.
the payment of the $f),00),000 of income 5 per cent $1,000
A circular to the English shareholders says in part:
gold bonds|due Jan. 1, 1950. Payment of interest on these
The company, almost from its inception, has had to contend with a bonds is conditional upon the income being sufficient* after
large floating debt and the necessity of continual large capital outthe payment of all taxes, rentals, operating expenses and
lays, to modernize and extend the existing plant in order
.
,
Oas/i
Oammon
X
Present Securities—
Income stock £164,500
Preferred shares £470,000
Ordinary shares £470.000
to
Slock.
meet
competition, which during the past few years has been particularly
severe. If the business continues in its present form, even although
substantial proHts be made within the next few years, it will be next
to impossible to divide them by way of dividends, as such profits will
also have to be applied in decreasing the present floating debt, and
providing for the capital expenditure. Although in the early days of
the company considerable profits were made, ooly the interest on the
debentures has been punctually paid; and, with the exception of the
years 1895-96, no dividends have been paid on the preference sharns
or Income stock. The main feature of the reorganization is to obtain
some immediate return to the shareholders, to throw more responsibility on the American management, and to leave to the English
shareholders a substantial interest. The total cash purchase price for
the 73 per cent of stock of the American companv which will be sold
under the scheme is £165,000. [Then follow the terms of exchange
as above.]
The English company will continue on certain terms the agency in
England of the American company, and be entitled to the profits
arising therefrom, and will own the good- ill thereof. The English
company will also hold certain shops, refrigerating chambers on certain steamers, and the working capital of the meat and provisions
Dusiness in England, subject to such liabilities as will then remain
unprovided for by a portion of the proceeds of the sale. Out of the
purchase money received from the syndicate, representing 261,600
snares of the American company, certain liabilities of the English
company, amountingto. approximately, £30,000. will also be satisfied.
The English company will be freed from the amount of £53,133 due
hy it to the American company for advances and from the debenture
debt, and will start with only, say, £s0,000 of loan liabilities, as
against £60,000 existing now, and it will immediately be in receipt of
trading profits from the commission business, to which will be added
any dividends received on the stock retained.
The proposal is conaitlonal on three fourths of each class of shareholders and the income-stock holders represented at the meetings
approving the same, and also on its being approved by the debentureholders at a meeting to be summoned, as well as upon the company
obtaining a private Act of Parliament authorizing its being carried
into effect.
first
necessary repairs and maintenance and iot^est on
of $8,000 000 first mortgage 5 per cent bonds.
The company is a recent combination of cotton duck mills,
atd the income bonds are issued as part of the plan of consolidation.— V. 69, p. 593, 283.
Murphy Safety Third Rail Electric Co.— Construction.
The company has accepted a contract to build a trol'ey road
8 miles in length through the village of Nyack, N. Y, work
to be begun March 1 and finished June 15, 1900. P>)sver will
be hired from a local company. Ultimately the to id is to
be extended to Rockland Lake, etc. A contract is alsa reported under consideration to build a trunk line. 61 miles in
length, from Toledo to Detroit.— V. 69, p. 1251, 1196.
losses,
its
issue
—
.
National Glass Co.
Official
Statement— Bo n,ds
Offered.
—
President H. C. Fry, in a letter regarding the bonds, snys:
Property.—The percentage of the pots of the factories in the United
States controlled by and co-operating with the company is 87 per
cent. It will control all labor-saving machinery and practically all
plants making staple goods. The properties of the oorporatinns and
firms acquired by this company (see V. 69, p. 1015) were appraised by
disinterested sworn appraisers, and the valuation thus ascertained, as
shown by the certificate of Hon. J. H. Reed, was $3,41H,0<)2. This
valuation being of the properties, exclusive of manufactured stock
and raw materials on hands amounting to $603,500. The capital
stock Is $4,000,000. The proceeds of this issue of bonds is to be used
In payment of certain Indebtedness incurred in connection with the
purchase of a few of the properties and for acquiring stook of raw material and manufactured goods. In addition to stock of materials
and manufactured goods, the company will have in its treasury
a cash working capital of about $500,000, enabling the company to
purchase its supplies on a cash basis.
Earnings.— The gross business of the firms and companies acquired
by the company for the year 1898 was $4,265,000. The actual profits
on this business,
and loss accounts, amounted
The holders of the ordinary shares, the preference shares to $407,238. Weasshown by their profit the economies to be eflfeoted
estimate that, through
and the income stock, represented at meetings in London by operating as one concern, the use of patents and labor-saving, maon Dec. 12, adopted unanimously resolutions approving this chinery (now used by a lew) in all the factories of the company, and
operating UDon a cash basis, the company should earn not less than
plan.
$800,000 annually; so that after payment of the interest and redempFor the fifteen months ended Sept. 30 last, owing to the tion of $200,000 of the principal of the bonds each year, there should
exceptionally high price of cattle and severe competition, be left from $400,000 to $500,000 applicable to dividends on the stock.
The 13,000,000 first mortgage 6 per cent gold bonds (see
the American company shows a profit of £15,776, after providing for repairs and payment of interest and exchange. V, 69, p. 1065), payable $200,000 vearly beginning Nov. 1,
No depreciation has, however, been written off. The net 1900, have been purchased by the Union Trust Co of Pittsprofit of the English company for the past fifteen months, burg, T. Melon & Sons' Bank and Whitney & Stephenson,
which is mostly agency charges, amounts to £12,029, making and are offered at par and interest for the early maturities
a total for the two companies of £27,806. The interest on (up to five years), and fur the later maturities, at sunll predebentures and certificates of indebtedness of the English miums, up to $105 and interest for those running ten years.
V. 69, p. 1065, 1015.
company amounts so £27,454.— V. 67, p. 1107.
Newark Telephone Co. Judgment.— An execution returnHartman General Electric Co.— Called Bonds.— The following first mortgage 6 per cent bonds, viz Nos. 34, H, 160, able Feb. 3 has been issued against the company upon a judg322, 378, have been drawn for payment and cancellation on ment for $86,881, obtained by Thomas A. Nevins in the
Supreme Court, for construction. The property has outthe 8th of Jan., 1900, at the Old Colony Trust Co., Boston.
standing $300,000 stock and the same amount of first mortIndianapolis Breyferies.— Annual Statement. The report
of this English corporation for the fiscal year ending Oct. 13 gage twenty-year 6 per cent gold bonds, issued in 1896, State
Trust Co., trustee. The New York & New Jersey (Bell)
is quoted as stating that the sales, as compared with the
previous twelve months, show an increase of 4,222 barrels. Telephone interests are understood to have recently acquired
After payment of 6 per cent interest on £160,000 debentures, control.— V. 69, p. 1150.
New Omaha Thomson- Houston Electric Light Co.
and after providing for depreciation, etc., there remains to
the credit of profit and loss account a balance of £18,631, Called Bonds. Twenty-four fi'-st mortgage bonds, secured
from which has to be deducted the interim dividend of 83. by indenture dated Dec. 1, 1899. have been drawn for reper £10 share paid on the £135.000 preference shares on Oct. demption, and will be paid at 105 and accrued interest at
Trust Co., Boston, on and after Jan.
14 last, leaving a balance of £13,231. The directors recom- the American Loan
mend, after payment of a further dividend upon the prefer- 3, 19C0.
ence shares, a full year's dividend upon the £135,000 ordinary
Ohio & Indiana Natural & Illuminating Gas Co.— O/shares at the rate of 2i^ per cent (less tax at 8d. in the £), ficers.— The officers are: Chas. A. Mead, President; Henry F,
leaving to carry forward £4,456. The sales for the six weeks Southard, Secretary, and Jam'^s R. Crawford, Treasurer.
ended Nov. 30 of the present year show an increase of 2,40t) Office No. 45 Broadway, fourth floor.—V. 69, p. 1251, 1197.
barrels as compared with the corresponding period of the
Pittsburg Stove & Range Co.— First Dividend.— A quartprevious twelve months.— V. 68, p. 769.
erly dividend of I'J:^ per cent has been declared on preferred
Iron Car Equipment Car Trust.— Reorganization.— B.o\d- stock, payable December 28. by check from office of the
ers of more than 94 per cent, it is said, of bonds, series Z and company, Pittsburg. John A, JRoe is Secretary.— V. 69, p.
192, have assented to the plan of re-organization of A.pril 7C4, 647.
:»
—
:
—
—
&
B—
i
Decembbr
THE CHRONICLE.
33, 1899.]
Pittsburg Terra Gotta Lumber Co.— Consolidation —In
crease of Stock.— The stockholders voted Ddc. 19 to increase
the capital stock from $500,000 to $2,000,000. in order, it is
stated, to acqaire the independent factories in Chicago,
Cleveland and Boston, leaving, it is said, only one small factory not controlled. The plants to be secured, it is stated,
are located at Boston, Cleveland and Chicago.
The Pittsburg Terra Cotta Lumber Co. was organized a
few years ago and established a plant in Pittsburg, and later
one at New Palestine, O., and another at Point Murray, N.
J., were secured.
The officers are: D. F. Henry, President;
William D. Henry, Secretary, and W. H. Graham, Treasurer.
Rocky Mountain (Bell) Telephone Co.— Increase of Stock.
company is reported to have decided to increase its
—The
capital stock to $3,000,000, to provide for proposed extensions,
Dividends of 6 per cent per annum are paid.— (See V.
etc.
69, p. 837.)
Safety Car Heating and Lighting Co. Increase of Stock.—
in Jersey City, on Dec. 19, voted to iacrease the capital stock from $3,500,000 to $5,000,000.
The
proceeds of the new issue will be used to provide additional
plants
the company already has forty-five.
These are
used to supply railwaj^ cars, etc., with the "Pintsch"' light.
This light is in use, it is stated, on 90,000 cars, 3,300 locomotives and 850 buoys in Europe and America.
The stock has paid dividends as follows: 1889 to 1892, 4 per
cent per annum; 1893 to 1897, 6 per cent; 1898 and 1899. 8 per
cent. Prior to the payment of dividends there was some
preferred stock, but since then the stock has been all of one
class.
The stock is in shares of $100, and the dividends are
payable in January and July.
The directors ioclude, with others A. B. Hepburn, Senator Piatt, Edward Lanterbach, General Austin Lathrop
and Robert Andrews of East Orange. The company was incoroorated in New Jersey in 1887 and baa no funded debt.
The stockholders
;
:
The main
office is at 160
Broadway,
New York
City.
Sharon Steel Co.— Purchase of Stock.— John Stevenson
of
Castle, Pa., it is stated, has acquired one-third of the
13,000,000 capital stock of this company, which is erecting a
large Dlant at Sharon, Pa.— V. 69, p. 647.
New
—
Squire (John P.) & Co. Packing Company Fails. This
Maine corporation, doing a pork-pacfting Duainess. assigned
on Dec. 15 to H. W. Chaplin of Boston. The liabilities are
stated as $3,000,000; assets $5,000,000. These last include
$2,000,000 worth of reat estate, buildings and machinery in
East Cambridee, Mass., and elsewhere, and $3,000,000 of book
accounts, supplies, etc. Frank O. Squire is President. The
capital stock is $3,000,000.
Union Typewriter Co —Control— There was a hearing
Lacombe this week in the suit against the
before Judge
Wagner Typewriter Co. for alleged violation of patents.
W. Seaman, President of the Union Typewriter
Co., it was stated, testified that that company owns sub-
Clarence
stantially all the stock of the
Co.— V.
Wyckoff, Seamans
&
Benedict
69, p. 83.
305
FridaV might, December
The weakness
33,
5'77
December
5-67
5-62
565
575
580
Pork has had only a limited sale, but values have been well
maintained, closing at $10 00@10 75 for mess, $13 503 12 75
for family and $11 50@13 50 for short clear. Cut meats have
been in moderate demand for shipment to the West Indies;
prices have held steady to firm, closing at 5^@6c. for pickled
shoulders, 83^@9i^c. for pickled hams and 53^@6i^c. for
pickled bellies, 14@10 lbs. average. Baef has been quiet but
steady at $1100@13 00 for mess. $13 00@13 00 for packet,
$13 01@14 00 for family and $19 00@30 00 for extra India mess
Tallow has been firm but quiet, closing at 5c. Lard
in tcs.
stearine has been quiet, closing at Q%@6/sQ. Oleo-stearine
has held steady at l}ic. Cotton-seed oil has weakened
Butslightly, closing quiet at 31i^@33c. for prime yellow.
ter has been in moderate demand and firm for desirable
grades, closing at 33@27c. for creamery. Cheese has had a
moderate sale at full values, closing at 10@13c. for creamery.
Fresh eggs have been unchanged and steady at 33V^@34c. for
choice Western.
Brazil grades of coffee have had only a very moderate sale,
although there has been quiet buying by one of the large
roasters. Offerings have been limited, and as foreign advices
have been slightly firmer. v«lues have been well maintained,
closing at 6 13 16c. for Rio No. 7.
West India growths have
continued to be sparingly offered, owing to scarcity and
prices have been firm, closing at 103^40. for fair Cucuta. Speculation in the market for contracts has been on a limited scale
only, but on scattered buying, stimulated by stronger foreign
advices and absence of aggressive selling, prices advanced
slightly. The close was steady. The final asking prices were:
5'85o. Maroh
6'25o.
Deo
6-05o. July
5-900. May
6-150. Sept
6-350.
Jan
6-400.
6-200. Oct
Feb
6OO0. June
Raw sugars have been steady, the limited supplies which
,'
United States Oil Co.— Parc/iase Off— New Stock Issue
Canceled. The purchase of the Barnsdale oil property has
been declared off, and the issue of 50,000 shares of new
stock will be canceled, and the money refunded. The Barnsdale property, it is said, will form the basis of a new company, which may be called the American Oil Co.
Aeiw Officers. Chas. H. Cole, Jr., having resigned, director
H. A bt;lcher has succeeded to the position of Treasurer.
Edward A. Clark also has been succeeded as President by J.
S. Ricker.
Mr. Clark remains a member of the board of
directors.— V. 69, p. 1353, 1152.
—
—
have come on
offer selling at unchanged prices, closing at
for centrifugals, 96 deg. test, and 3 13-16c. for musco-
mc.
Refined has been more active and steady.
of prices has been extended to Feb. Ist, and
begininng with Jan. 3d refiners will sell at net prices. Other
staple groceries have been well held.
Kentucky tobacco has had a fair sale to both exporters and
the home trade, and at full values. Seed leaf tobacco haa
been in fairly active demand and firm. Sales for the week
941 cases 1898 crop, Wisconsin
were 2,933 cases, as follows
Havana, 9@13c. 100 cases 1897 crop, Wisconsin Havana,
9V^c. 1.041 cases 1898 crop, Zimmers, 6@13i^c.; 100 cases
1897 crop, Zimmers, 9V^c. 375 cases 1898 crop, Pennsylvania
seed leaf. 10K@12Kc-; 10(J cases 1895 crop, Pennsylvania seed
leaf, 13c.: 3t.O case's 1898 crop, Gebhardt. ll@13iic., and 75
England Havana, 30@55c. also 1,000
cases 1898 crop,
bales Havana at 55ra93c., in bond, and 180 bales Sumatra at
80c.(a$l 65, in bond.
Business in the market for Straits tin has continued quiet
and prices have weakened slightly, closing easy at 24-75c.
Ingot copper has been dull and prices have been easier, closing at 16'50c. for Lake. Lead has had a moderate sale, and
with limited offerings prices have held steady, closing at
4-65@4-70c. for domestic. Spelter has been easier, prices declining to 4-60@4-65c. for domestic. Pig iron has been quiet
but steady at $19 50@24 00 for domestic.
Refined petroleum has been unchanged, closing at 9'903. in
Naphtha unchanged
bbls.. 7 -25c. in bulk and lie. in cases.
Crude certificates have been neglected. Credit
at 10-65C.
balances have been unchanged at $1 66. Spirits turpentine
has been quiet but steady, closing at 513^@52c. Rosins have
been firm at unchanged prices, closing at $160@1633^ for
common and good strained. Hops have b=en in fair demand
for desirable stock and steady. Wool has been firm but
quiet.
vado, 89deg.
test.
Western Automobile Co.— Incorporation.— ThiB company The guaranty
has been incorporated in New Jersey with $6,000,000 of authorized capital stock. Incorporators; H. M. Martin, Arthur
H. Chetlain, John H. Curtis, David H. Roblin. Addrees
New Jersey Corporation Trust Company, Camden, N. J.
—
"A Message to Garcia" tells the story of a man who did
quickly and without questioning the task allotted to him.
Mr. George H. Daniels, the General Passenger Agent of the
New York Central RR. thought it so good that he published
it in number 25 of the New York Central's "Four Track
Series." The public agreed with Mr. Daniels that the story
teaches a good lesson, and overwhelmed him with requests
for the pamphlet in quantities, so that edition after edition
has been printed until now over half a million of the tracts
have been distributed.
The card of the Atlantic Trust Company, of New York,
will be found in its accustomed place among the trust com
pany cards in the advertising department. An examination
of its list of directors will disclose many well-known names
—
in the financial world.
It is
hardly necessary to say that this
company has no connection with
the company of similar title
in another city which has been the subject of newspaper
*
references the present week.
—$500,000
Knickerbocker Building, incorporated, 43^^ per
mortgage gold bonds are offered for sale at 101 and
interest by Messrs. C. H. White & Co. Among the directors
we notice the names of Frederic R. Coudert, Jr., of Coudert
Bros.. Ernest Flagg, architect, and Hon. George Cromwell,
President Borough of Richmond, N. Y. A special circular
will be sent on request. The advertisement is on page vii.
cent
first
1899.
the stock market, the gold engaged
for export to London, the condition of the money market, and
developments in South Africa, have been the dominating
features the past week. Reflecting the depression in financial circles there has been a sharp break in cotton values,
speculative holders being forced to liquidate. Grain values,
however, have shown a tendency to harden, based on the
political situation abroad.
The unsettled condition of the
speculative markets, as a result of the monetary situation
here and abroad, has had, however, no particularly unfavorable influence in general mercantile circles.
Naturally at
this season of the year the volume of business transacted
from first hands has been small, but in the main values have
been well maintained and confidence in the future prospects
for busines has continued.
Lard on the spot has been quiet and early in the week
prices declined under free offerings. At the close, however, most of the loss was recovered with prime Western quoted at 5'80c. and prime City at 5*35c. Refined lard
has sold slowly and prices have weakened. The close was
steadier at 6- 10c. for refined for the Continent. Speculation
in lard for future delivery has continued fairly active. Early
in the week realizing sales, prompted by increased receipts
of swine, weakened prices.
Subsequently, however, the
hog receipts fell off and the market recovered all of the loss,
closing steady.
DAILT CLOSING PRICES OF LARD FUTURES.
Sat.
Mon.
Wed. Thurs.
Fri.
Tues.
of
:
;
:
;
New
:
THE CHRONICLE
1306
COTTON.
Friday Night, December
1895.
22,
The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this
evening the total receipts have reached 218,793 bales,
against 328,573 bales last week and 249,535 bales the previous
week, making the total receipts since the 1st of Sept., 18S9,
3,743,742 bales, against 5,503,933 bales for the same period of
1898,showing a decrease since Sept. 1, 1899, of 1,781,180 balee.
Beceiptt at-
Tuet.
Wed.
4,971
8,298
Thurt.
Fri.
5,799 12,115
Total
6,759
2,706
8,364
7,729
Sabine P's &c
New Orleans..
8 819 11,548 14,109
14,531
1,612
2,366
3,250
634
3,755
Mobile
6,727
6,474
7,982
Ac
Pensaoola,
6,322
1,659
45.671
2,706
63,693
9,648
14,183
33,647
4,493
4,185
131
8,852
19
17.646
1,748
1,817
5,103
3.986
1,265
127
14,183
4,979
4,493
......
Savannah
Bmnsw'k,&c
3,730
.....h
Charleston...
535
974
713
248
921
794
131
1,498
898
2.289
1,351
265
2,092
2,077
3,225
2,293
3,015
2,551
19
4,944
1,748
Royal.&o
•-
Wilmington...
Wash'ton.&c
Norfolk
News, &o
New York
Boston
N'p't
.--
657
830
748
1,618
50
590
391
763
50
118
468
131
178
568
151
524
Baltimore ....
3,986
Phlladel'a. Ao.
320
week 31,359 34,842 35,154 35,686 24.973 56,779
Tot. this
The following shows the week's total receipts, the total since
Sept.l, 1899, and the stock to-night, compared with last year.
1899.
Beceiptt
Dec. 22
1898.
Stock.
to
Thi»
week.
Since Sep.
1, 1899.
Thit
week.
Since Sep.
1, 1898.
1899.
Galveston.
45,671 1,198,068 118,699 1,673.951
Sab.P.,&c.
2,706
25,081
3.993
46.887
New Orleans 63,693 960,065 96.953 1,265.296
Mobile
113,614 10,084 177,781
9,648
P'sacola.&o. 14,183
64,541
3,166 114,446
Savannah.. 33,647 618,645 37,854 783.032
Br'wlok,&o
50.597 20.076 180,371
4,493
Charleston.
4,185
163,174
9,266 304,026
P.Boyal.&o.
131
1,044
117
19.480
Wilmington.
8,852
197,938 10,324 266,065
Wash'n, &o.
19
611
39
1,046
Nortolk
17,646 218,354 32,970 419,635
N'portN.,&f
1,748
8,678
1,149
17,845
New York.
12.943
1,817
1,410
58.533
Boston
5,103
38,088 14,106 144.662
Baltimore
49,748
3,986
1,194
11,724
Phlladel.Ao
1,285
21,553
19,142
1,475
Tot»l8
1898
352,992
249,105
..•.
389.296
38,903
495,318
46,543
168,717
14,163
26,024
132,347
18,204
53,860
28,355
9,562
.,
•
.
.
.••
.
40,175
546
112,794
38000
23,556
14,776
^
86,673
2,077
89 651
29,000
17,073
7,887
218,793 3,742.742 362 880 5,503,922 1,144,410 1,341,187
In order that comparison may be made with other years,
we give below the totals at leading ports for six seasons.
Beceiptt at-
1899.
6alves'n,Ao.
New Orleans
48,377
63,693
9,648
33,647
4,316
1898.
1897.
1895.
1896.
others...
66,608
127,865
18.664
55.670
22.224
11,634
28,737
417
34,448
63,885
101.103
13.637
37,911
17,646
1,748
30,847
122,697
96.953
10,084
37,854
9,383
10.363
32.970
1,149
41,427
Tot. this wk.
218,793
362,680
366,267
Mobile
Savannah...
Chas'ton,
Ao
Wllm'ton, Ac
Norfolk
N. News, Ao
U
Since Sept.
1
8.871
52.432
84.2«0
8,427
848
28,850
10,556
4,759
13,208
11,537
18,^92
70.002
100,937
13,521
31,154
21.314
6,840
16,393
13.417
39,219
310,522
223.949
312.797
20 458
23 793
7.623
32,812
3742 742 6503 922 5265 306 4737,038 3368,342 5136,098
for the week ending this evening reach a total
of 151,340 bales, of which 67,728 were to Great Britain, 15,263
to France and 68,349 to the rest of the Continent. Below
are the exports for the week and since Sept. 1, 1899.
Week Ending Dec.
22, 1899.
From
Sept.
Bxportea to—
.liBporti
from—
Great
France Conti-
Brit'n.
Oalveston.
12,4&2
Sab. Pass, &c.
New Orleans.
...
23,876
4,718
3,569
1?,9C0
Oreat
nent.
7,«95
7,760
1.
1899, to Dee. 22, 1899.
Exported to—
2otai
Week. Britain.
14,791
1.S02
34,578
20,783
52,40''
1.3C2
4,718
10,139
13.708
s.ses
22.583
France
Continent.
3otal
355,208 243,136
2.240
245.324
10.071
813,688
12.311
251,147 118.963
38,296
26,481
6.641
77,760 30,641
17,890
225.042
536152
13,374
51.670
21450
51,55.2
202,514
7.698
34,083
69,805
104.133
9,973
15.691
168,699
1.086
Orleans...
Galveston
WlhnlnKton..
9,973
641
46,703
810
13.616
16,321
48.321
N'port N., &c
New York...
1.343
Boston
Baltimore
1.683
1.683
81.S99
003
503
21,196
1,343
218
1,000
14,297
600
34.'
09
85.311
Philadelphia.
MobUe
Norfolk
New York
Other ports
Total 1899...
1,698
67,728
... IflS.OOsI
1,698
15,203
68 319 161.340
46,517
81.140 295.671 1.980.759
944,084 414,181 1.072,314 2.180.579
l.'?»,708
Total.
19,000
29,333
186,083
958,327
57.194 129 .581 59,799
18,927 118,245 31,376
413 065
928,122
283.064
899,188'
41,851
22,600
00
Total 1898. . 166,491
Total 1897... 114,516
ttock.
Ooattwite.
356,989
159,629
146,717
23,824
32.903
27,675
110,194
100,396
3 863
lfl,537
None.
None.
None.
None.
200
None.
6,>
22.824
35.275
20,<00
1,400
None.
71
18,462
1,300
11,000
None.
800
None.
10,000
None.
None.
92,299
500
32.307
89.476
22,000
2,'.:
00
6.000
12,500
2.t.00
Speculation in cotton for future delivery has been activej.
but it has been at a sharp decline in prices. The crop situation has not changed in any important particular, the supplies coming into sight being small, and advices received
from the Sjuth have reported holders of actual cotton holding comparatively firm. The depressing factor has been
forced liquidation, largely for Wall Street account, due to
the weakness of the stock market, operators on that market
being forced to sell out their cotton so as to obtain funds to
protect their interests in financial circles. The weakness was
most pronounced on Monday, the lowest point touched during the day showing a decline of '^gC. per pound from Saturday's final figur«^p. The close was at some recovery from the
lowest point. Tuesday there was a further partial recovery
in response to better advices from Liverpool than expected,
that market falling to respond fully to the break in this
market on Mooday, and this stimulated a demand from
shorts to cover contracts. Wednesday there was an unThe
settled market, closing at a slight gain for the day.
feature of the trading was buying of the near-by deliveries
for European account to undo straddles between the local
and Liverpool market. Thursday the market was easier.
Foreign advices came weaker than expected, and this, together with sympathy with the depression in financial circles,
and free selling by a prominent bull house, depressed prices
a few points. To-day there was an unsettled market. At
advanced slightly in response to
the opening prices
foreign
advices than expected
then
came
stronger
a reaction of 5@6 points in sympathy with a decline
in the stock market and under continued selling by a
prominent bull house. Toward the close the market again
turned firtner, following the stock market, and the small
movement of the crop for the week attracted some attention.
Final prices showed a net gain for the day of 1@2 points.
Cotton on the spot declined 3- 16c. on Monday and advanced
To-day prices were uachauged and
l-16c, on Wednesdav,
steady, closing at 7 9-16c. for middling uplands.
On the basis of the rates on and off middling as established
by the Revision Committee, the prices for a few of the
grades would be as follows:
;
UPLANDS.
Good Ordinary.
1.127.662 3,842.029
Sat.
men Tnes Wea
6B8
67i6
'lie
Middling
&ood Middling..
SflddllngFalr...
GULP.
711,6
8
87^6
Sat.
Middling..
Middling
Good Middling.
Middling Fair .
STAINED.
Low Middling
Middling
Strict Middling
Good Middling Tinged.
713,6
8I4
Thi,
79,8
7'8
85,6
79l8
Tta.
Fri.
6^
6"i«
611,6
6%
6%
76,
738
T'3j6
8»8
8»i6
738
7\
T15l6
She
8111
Sat.
81a
She
8I3
Mon Tuea Wed
65ia
714
77,6
71116
6l8
71,6
714
71a
6i«
7iie
714
71a
63,6
7I6
7Bie
7»,6
Fri.
61a
7i«
75i6
7ifl
I
61s
61a
718
79l8
778
Mon Tnes WeA
Good Ordinary.
Low
67l6
7iie
713i8
814
Low Middling..
8l8
7-^8
She
738
7>3ie
«l8
89i«
Tb. Fri.
6S|6
7B16
79,
63,6
7I8
Zaie
79ie
The quotations for middling upland at New York on
Dec. 23 for each of the past 32 years have been as follows,
1891. ...0. 716,6 1883....o.l03e
1875....o.l35i8
1899. ...0. 79i6
14i«
1882
1874
105,6
513,6 1890
1898
95iB
16
IOI4
1873
578
1881
12
1889
1897
20ie
719
1880
1115,6 1872
9%
1888
1896
8I4
,2014
1871
12%
1879
1895
1887
10»a
15»«
1870
97,6
1878
91,6
5U,e 1886
1894
2518
1869
715,6 1885
1877
llBia
1893
96,6
25i«
12i«
IH16 1876
1868
1892
1884
9'^s
Note.— On Oct. 1, 1874, grades of cotton as quoted were changed.
According to the new olasslfloatlon Middling was on that day quoted
380. lower than Middling of the old classification.
MARKET AND SALES.
Spot Mabkbt
Olosed.
Saturday.. Quiet & Steady
Quiet at 3,6 dec.
Monday
steady
Tuesday
Wednesday Steady at 1,6 ad.
Thursday.. Quiet
Quiet...
Friday
. .
Ban Fran., &&.
5,549
17,202
2.000
None.
3.762
110,829
M54
l.Bie
Leavin0
Great
Other
Britain. France. Foreign
2.000
1.100
8,000
Charleston
17.061
2,834
15.375
3,118
50,629
2,87 B
Norfolk...
Total. 1898
ON SHtPBOABD, NOT OLBASBD FOB—
Dec. 22 at
184,633
1,151
2,876
310.»88
25,lf6
Charleston...
Port Royal...
Total.
&
1894.
The exports
Mobile
Pensaoola
Sayaimata
Brunswick
We
Savannah
Oalveston..
Pt.
In addition to above exports, our telegrams to-nlght also
give us the following amounts of cotton on shipboard, no4
cleared, at the ports named.
add similar figures for
New York, which are prepared for our special use by Messrs.
Lambert Barrows. Produce Exchange Building.
New
Mon.
Sat.
[Vol. LXIX.
TotaL....
Futures
Market
Closed.
B'rly steady.
Steady
Steady
Feverish
Quiet Ast'dy
Steady
Sales of Spot
& Oontraot.
Ex-
Oon-
Oon-
port.
sump.
tract.
276
102
"56
406
300
700
187
276
558
300
700
131
131
378
Totai.
1,400
1,965
December
THE CHRONirLE.
23, 1899.]
FuTtmES.— rhe highest, lowest and closing prices
New York are shown in the following table.
At the Interior Towns
of
Futures at
1307
movement— tnat is the receipts
the
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.
for the
o
-r it
ST
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a.
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M^"Coa>co*^M coMif..©
'eoo'co'<)'Vi'*k'*.-'b>x'i^"I-3<i
00
CO
CO
,
I
M
00
o
M
O CO CO M M 1^
© © Mj^ Pi^P^ PPPi^^ M'^OMao«co©^«aaoMoiitkK)CO
:^®-;<»»Qo?'a'«^;
'.
©©©©©^ivjwMMCo'bsMVVi'M't-i© — mm
S
S K:r?*!Sd::;?'»*"^' Mwto*..*..M00M©w©N)©o.«^©o.©©©^
00) ©MmOCC©C0©M- <C©00M-aM©qi©C0©i»».O«M©CC0l^«a©
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CO
d
o
1899.
290,000
2,000
300
7,000
213,000
4
1897.
770,000
5,000
775,000
8,000
212,000
2,000
300
7,000
205,000
000
34*000
__
iommw
I*'
S
a.
1
*^l
55
S;
O
a
©
I
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'^S2"^"?'S^^V'^'®V''^'"^''^^'°=®''»'«'f*e;'t*e^©e^"«f>'»-'Mco'©
;:?£-Sf-^'r^««=^t*'**''^©ao»*>coco«j*.*..c>:M050<ico^Sa
00lt>©O»M».;/<C;»M©Cn©©CW |^O03©c&©M00Oi0MMO»iP^©©.:j
M
oo
M
M
COMjO-M
01
,-'*> MM M
COM© MM OOCOMMOO1&.MM
W© W (^ © © © 00 M CO W ColpOO M © M M
© O© OC © M o b< ©»J
2SSiiS^?=S£^~^^^®^'^^«''^>J~©«SSoSoMSMao
©:0©©Cncn©©<l^MM©©0©©aoci»>.©©N)COX©X».!gcoM
CO
CO
CK
«;>
lo'Ifk
5?
00
-1
CO
© MCO 00 en
00
CO;
c*©oi*aoVjI
CO to ^1
1896.
912.000
7,000
919,000
17,000
147,000
-X!
yi
o
The above
;
<Im; *-M©M«3MC;i©
00 W'
3,640,539 4,782,833 3,955',829 3,845,657
88,000
98,000 113.000 144,000
2.000
5,000
5,000
7,000
33,200
47,300
40,300
78,200
8,000
24,000
12,000
44,000
97.000
58,000
49,000
43,000
^.^o.iw 232,300 219,300 316,200
228,viOO
3,640,539 4,782,^33 3,955.329 3.845,657
4-j^a^4-46i;8^
4i3ad
7ieo
511, ed.
6Bi«d.
33I00-1.
M
M
en*>.e;«©co©it»oo«<ioM
a--QDmQC«>rf^0D00Ot0(^OlC»O5M0« — Mioao
enoD. ©-J©M»4C0ie-©J'OO00t0MQ0M»l.MMif».|f>.
totals
show that the
o
•
CO
have
interior stocks
in-
during the week 15,637 bales, and are to-night 95,850
bales more than at same period last year. The receipts at all
towns have been 120.597 bales less than same week last year.
ffreased
Overland Movement for the Week and Since
We give below a statement showing the
overland
Sept. 1.—
movement
for the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
Dec. 22 and since Sept. 1 in the last two years are as follows.
1899.
1898.
December 22.
Week.
200
9,000
179,000
5,000
49,000
38,000
14,000
464,200
1,383,200
M 1^ M
MW<JO-.c<i©©i^a;cow*-o©©<icotoi^ai
6,000
Li verpool stock
bales. 615,000 1,158,000
657,000 768.000
^Uontlnental stocks
562,000 566.000 477,000 386,000
American afloat for Europe... 468,000 921,000 954,000 730,000
United States stock
1,144,410 1,347.187 1,182.252 1,370,546
H.!®4 §***®* *^*«'^<*'" stocks. 833,028 738,178 641,849 588 < 07
amted States exports to-day.. 18,101
52,468
43,728
3 104
638d.
3i4d.
37jed-
an
*^
w --ott,^Mif>oww<i©M^o^arf>ip.w©og;M©cogMc^g JM
I
American—
3732d.
515,80.
47, gd.
«
c*
„
^_
i^MUi
M
S;
M £'^^:5s;:;3rt!::;'^^ '?:"""*'*• 55 n>'*»*>coMcnMMA©MM
« <l_acp5 ©_» CO© <I M* M 00 M <1 MCO_M|f>.MC;,o,MCTai-J©«ODMjI
.
kllddllng VTl'r^^'I,:.;n-r.v-^''^A'l^/ «'0^oV.3.^
iffij Upland, Liverpool.
4Bied,
3332d.
Hlddllng Upland, New York..
S'^BO.
79i60Sgypt Good Brown, Liverpool
6i5,Bd.
5i4d.
»eruv. Rough Good, Liverpool
7i^d.
6%d.
Jroaoh Fine, Liverpool
4381.
35, fid.
?innev6lly Good, Liverpool. .
31 led.
43ud.
...»
i
M
1898.
1,256,000
5,000
1,261,000
13,000
•
M
M
r:!;lS;S9?^r^*"^9°^**''^®*f«'-'«'M*'*t«*'»cRVinMbiowQo
©'MOD»K>.J.COMvJ«l<l^U.COOyCOMQOM'^MOM*'M--]Oi*..-JC62.1i:
r5
^CD
1
©1
1
:
:
OOM ©
WO ©M ©'
.
Total East India, &o
""
^:;;:::i T""" 'i"""*'
Total American
>
•
I
4,000
56,000
40,'000
19,000
10, 000
4,000
Total (Continental stocks
595.200 613,300 517,300
^T»tal European stocks.... 1,300,200 1,874,300 1,292,300
«
India cotton afloat for Europe
P,000
24,000
12,000
44 000
Amer. cotton afloat for E'rope. 46 S. 000 921,000 954,000 7a0 000
Egypt, Brazll,&c.,aflt.for.E*pe
97.000
58.000
49,000
43,000
atockln United States ports.. 1,144,410 1,347,187 1,182,252 1.370,546
Stock in U.S. interior towns.. 833,028 738.178
611,849 588,007
United States exports to-day.
18.101
52,468
43,728
3,104
Total visible supply
3,868,739 5,015,133 4,175,129 4,161,857
Of the above, totals of American and other desorlptlonB are as follows:
,
•
Ipk
09
bale*. 703.000
atook at London
2,0 00
Total Great Britain stook. 705,000
»vx,v,-.
a»„ -., at Hamburg
"7Vr-"r
stock
16,000
Stock at Bremen
195,000
Stock at Amsterdam..., ,
2.000
Stock at Rotterdam......
200
Stock at Antwerp
6,000
Stock at Havre
244,000
Stook at Marseilles
4,000
Stock at Barcelona
77,000
Stook at Genoa
46,000
Stook at Trieste
5,000
iJontlnental stocks
India afloat for Europe
Sgypt, Brazil, Ac. afloat
t
c
1
The Visible bUPPLY of Cotton 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
W> Thursday evening. But to make the total the complete
figures for to-night (Dec. 22), we add the item of exports from
the United States, including in it the exports of Friday only,
jjondonstook
OB
i
M05
J-
00
—
^
.
''
|(.
-^ 6© 6
_
Ml*>©
M
I
jpJ.**,*^^ ^®^°^°".VV
Eatt Indian, Brazil, <te.
.
CO«'M©-]00*kOO«'MMOMaMMtOM©©aEMMM«<JMM<ICOi:00
J^
O
Liiverpool stock
J^,*'**i*,'^,*^**i'
.
Cn«OMcn(o©~JOOQOp;>.«3-JitkMMCO<icoo>M©©MO<io:MiS-2l*;
•>J
6
©
o
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ii»«„v at Liverpool
,
StooK *T.
.
"9 >• »!
.'
en
MCOMM M CO' CO
00
M MQCCOeO CTIMbO*.
©M to'v
©VO CO'^ (35<l'© M OC *k
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«;» Ic'
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d
00 00
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95
cccb
^
Ci
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MO)
00 c^
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t tS?
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10 —
CCM
<I-J
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as:
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00
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Since
Sept.
1.
Week.
Since
Sept.
1.
—
Shipped
Via 8t. LoulB
Via Cairo
Via PaducaJti
Via Rook Island
Via Louisville...,
Via Cincinnati
Via other routes, &o
35,769
6,695
490,894
196,277
5,501
7,571
8,432
493,093 54,981
126,958 25,070
794
6,940
8,265
3.897
107,04? 10,734
81,682
7,444
101,606
5,187
65,482
925,592 108.107
921,354
12,171
122,332
28,163
49,281
18.185
2,831
2,167
234,061
12,561
21,569
17.091
199.776 23,183
268.191
Leaving total net overlap d *
48 391
Including movement by rail to Canada.
725,816 84.924
653,163
543
971
I
Total gross overland
Deduct thipmentt—
Overland to N. Y., Boston, &o.
Between Interior towns
Inland, &c., from South
986
3,934
Total to be deducted.
8,742
35,586
65,180
55,255
69,420
The foregoing shows that the week's net overland movement
year has been 48,391 bales, against 84,924 bales for the
in 1898, and that for the season to date the aggregate net
overland exhibits an excess over a year ago of 72,653 bales.
this
week
1899.
In Sight and Spinnen'
Taktngg.
Week.
1898.
Since
Sept.
1.
Week.
Since
Sept. 1.
Receipts at ports to Dec. 22
218,793 3,742.742 362.880 5,503,923
Net overland to Dec. 22
48,391
725,816 84,924 653,163
Southern consumption to Dec. 22 29,000 462,000 26,000 426,000
Total marketed
296,184 4,930,558 473,S04 6,583.085
16,637 589,845 20,098 634,059
interior stocks in excess
Came into sight during week. 311,821
493,902
Total in sight Dec. 22
5,520,403
7,217,144
!
4d.
'^^^-f imports into Continental ports the past week have
lean 127,000 bales.
The above figures indicate a decrease in the cotton in
Ight to-night of 1,146,394 bales as compared with the same
kate of 1898, a loss of 303,390 bales from the corresponding
.ate of 1897 and a decline of 293,118 bales
from 1896.
North'n spinners tak'gs to Dec
In 1897 the week's
221
96,658 1,246.576 147,208 1,122,566
movement
into sight
was 446,485 bales
in 1896 reached 332,781 bales; in 1895 was 294.439 bales and
in 1894 was 407,162 bales. Tt^ totals since Sepc. 1 in the same
years were 6,860,522 bales ii 1897; 6,056,9S1 bales in 1896:
4,795,804 bales in 1895 and 6,820,953 bales in 1894.
THE CHKONJCLE.
1308
Quotations for Middling Cotton at Other Markets.—
Below are closing quotations of middling cotton at Southeri)
and other principal cotton markets for each day of the week,
Wt^k tnAinQ
Dec. 22
OLOSINO QDOTATION8 FOB MIDDLING OOTTON OSSatur.
MOH.
Tuts.
7&ia
75},
73, B
73i6
714
714
738
75ie
7H
Galveston.
New Orleans
.
Mobile
Savannali...
Charleston.
Wilmington.
Norfolk
Boston
Baltimore .
Pblladelphla
Augusta.
.
Memphis
736
71,6
7i«
714
7J4
76,6
7"l6
7H]6
758
7ifl
7%
738
7%
Louisville...
7Bia
788
7»8
7ifl
71s
713,6
7I4
7616
76,6
7^
71^318
73,8
738
714
7>4
758
758
75,
8t.
Louis
Houston.....
Cincinnati .
7M
7H
71,6
7^
7H
7H
7H
73,6
7I16
71s
714
714
714
7»«
711;6
7i5,e
Wednes.
7J4
714
73,6
73, a
759"
788
758
758
The closing quotations to-day (Friday)
FH.
Thurs.
7H
7H
734
71,6
7»8
73i6
714
7I4
79,6
71a
713,6
73,6
76,6
75,6
714
714
7I16
788
713
at other
7i«
73,6
7
714
79ie
71a
71316
73,6
76i6
76l8
714
758
7i«
important
Southern markets were as follows.
Athens
Colambus,Ml88
Eufaula
Uttle Rook....
Montgomery...
7ie
613,6
714
Atlanta
Charlotte
OolumbuB. Oa.
6''e
7 is
7
Nashville
e's
Raleigh
Shreveport
Natches
7
7i8
71,6
714
7»i6
—
Receipts from the Plantations. The following table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the
crop which finally reaches the market through the outports.
Wtth
R«e«ii»tf
BnAiriQ—
Nov. 17
"
24
Dec. 1
"
8
"
"
15
22
1899.
...
...
...
...
...
.
at
t>»«
1898.
Portt
Sft'k
1897.
atlnterior Toton*. Ree'ptifrom Plant nt
1899.
1898.
270,934 41^,042 411,300 731,002 837,238
263.741 422.067 396,063 769,193 683,320
222,999 894.897 400.835 ; 76.402 708.270
249,524 392,968 867.098 806,019 709,639
1897.
1690.
1898.
307,274 428,199
298.932 468.144
232,208 419,847
279,141 394.337
228,573 333,873 389,275 817,391 718,080 639.324 240,945 347,314
218.793 3H2.880 866,267 833,028 738,178 641,849 234,430 382.978
603,190
669,421
689,083
813,263
[Vol. LXIX.
—
Mobile, Alabama. We have had rain on four days the past
week, to the extent of thirty-two hundredths of an inch. The
thermometer has ranged from 30 to 74, averaging 52.
Montgomery, Alabama. Rain has fallen on two days of
the week, to the extent of twenty- one hundredths of an inch.
Average thermometer 47, highest 65 and lowest '29.
Selma, Alabama. The week's rainfall has been fifty-three
hundredths of an inch, on three days The thermometer has
averaged 48, the highest being 70 and the lowest 26
Madison, Florida.— Picking is just about finished. We
have had no rain during the week. The thermometer ha&
averaged 62, ranging from 44 to 80.
Savannah, Georgia. Dry weather has prevailed all the
week. The thermometer has ranged from 36 to 77, averaging 54.
Augusta, Oeorgia.—lt has been dry all the week. Average
thermometer 41, highest 71 and lowest 29.
Columbus, Georgia. There has been only a very light rainfall during the week.
The thermometer has averaged 50,
the highest being 60 and the lowest 45.
Charleston, South Carolina.— There has been rain on three
days during the week, the precipitation being too small to
measure. The thermometer has averaged 54, ranging from
—
—
—
—
39 to 73.
Stateburg, South Carolina. There has been no rain the
past week, but killing frost and ice occurred on Saturday
and Thursday. The thermometer has ranged from 28 to 74,
—
averaging 49.
Greenwood, South Carolina. We have had no rain during
the week, ihe thermometer has averaged 43, ranging from
—
34 to 53.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o'clock December 21, 1899, and December 22, 1898.
1897.
Dec. 21, '99. Oee. 22, "98.
472.144
452.284
430 497
391,278
418,836
S68,79i
Feet.
New Orleans
FeeL
3 6
4-5
5-8
8'1
Above zero of gauge
Above zero of gauge.
Above zero of gauge.
Above tero of gauge.
Abovezeroof gauge
Memphis
Nashville
Shreveport
Vicksburg
8-1
10-2
10-0
2-7
3-6
9-9
—
INDIA Cotton Movement from all Ports. The receipts
The above statement shows: 1.— That the total receipts
from the plantations since Sept. 1, 1899, are 4,332,587 bales; in of cotton at Bombay and the shipments from all India ports
for the week ending Dec. 21, and for the season fiom Sept. 1
1898 were 6,137,981 bales; in 1897 were 5,662,079 bales.
2.
That although the receipts at the outports the past week to Dec. 21 for three years have been as follows:
were 218,793 bales, the actual movement from plantations was
—
234,430 bales, the balance going to increase stocks at interior
towns. Last year receipts from the plantations for the week
were 383,978 bales and for 1897 they were 368,792 bales.
Weather Reports by Telegraph. — Oar
telegraphic ad
1899.
Receipts at-
Bombay
vices from the South this evening indicate that while rain
has fallen in most sections the past week the precipitation
has not, as a rule, been heavy, and marketing of the crop
has not been interfered with. Along the Atlantic dry weather
has prevailed.
Oalveston, Texas.— We have had showerd on four days
of the past week, to the extent of pixty eight hundredths of
an inch. Average thermometer 53, highest 68, lowest 38.
Abilene, Texas. There has been rain on four days during
the week, the rairifali being 8ixty-fcia:ht hundredths of an
inch. The thermometer has averaged 50, the highest being
—
and the lowest 30,
Corpus Christi, Texas. — There has been rain on three days
during the week, the precipitation being eleven hundredths
of an Inch. The thermometer has averaged 55, ranging from
70
36 to 74.
Palestine, Tea-as. — There has been rain on three da.ys
during the week, to the extent of two inches and fifty hundredths. The thermometer has ranged from 26 to 70, aver-
aging
48.
Since
Week.
Since
Week.
Sept. 1.
41.000
1897.
1898.
290.000 56.000
Since
Week.
Sept. 1.
Sept. 1.
259.000 30 000
For the Week.
113.000
Since September
1.
Exports
from—
&reat
Britain.
Continent.
Great
Total.
Britain.
Oontinent.
I
_.
.
,
J^'**-
Bombay—
1899
1898
1897
Caloutta—
1,000
3,000
2,000
1,000
1,000
5,000
41,000
18,000
1,000
1,000
1,000
2,000
2,000
3,000
10,000
6,000
2'obo
2,000
1,000
3,000
1,000
1,000
1899....
1898
1897
I
I
I
Madras—
1899
1898
1897
5,000
42,000
19,000
4,000
12,000
8,000
1,0^^0
1,000
11,000
5,X)00
13,000
7,000
4.000
7,000
10.000
36,000
18,000
10,000
40,0CO
25,000
1,000
9,000
12,000
19.000
9S.000
47,000
2,000
2,000
All others—
1899
1898
1897
1,000
1.000
1,000
1,000
2,000
6,000
2,000
2,000
6,000
3,000
Total all—
1899
1898
1897
1.000
I
20,000
107,000
59.000
—
According to the foregoing, Bombay appears to show a
San Antonio, Texas. It has rained on four days of the
(ieerease compared with last year in the week's receipts of
week, the rainfall being one inch and six hundredttis. Av15,000 bales. Exports from all India ports record a loss
erage thermometer 52, highest 74 and lowest 30,
of 4,000 bales during the week and since September 1 show
New Orleans. Louisiaria. There has bfen rain during
to the extent of twenty-tight hundredths of an inch. The a decrease of 87,000 bales.
Alexandria Receipts and Shipments op Cotton,—;
thermometer has averagea 55.
Shreveport, Louisiana. We have had rain on four days of Through arrangements we made with Messrs. Davis, Benacbi
the week, the rainfall reaching eighty-one hundredths of an & Co. of Liverpool and Alexandria, we now receive a weekly
inch. The thermometer has averaged 46, ranging from 25 cable of the movements of cotton at Alexandria, Egypt. The
to 72.
following are the receipts and shipments for the past week
Columbus, Mississippi, —'Receipts will continue to fall off and for the corresponding week of the previous two years.
by comparison with last season. There has been rain on two
Alexandria, Egypt,
days during the week, to the extent of ninety-six hundredths
1897.
1898.
1899.
December 20.
of an inch. The thermometer has ranged from 30 to 76, av-
—
—
,
;
1
eraging 60.
Vicksburg, Mississippi. We have had rain on three days
the past week, the rainfall being fifty-seven hundredths of
an inch. Average thermometer 49, highest 65, lowest 26.
There has been rain on two days
Little Rock, Arkansas.
during the week, to the extent of one inch. The thermometer has averaged 34, ranging from 19 to 58
Helena, Arkansas. We have had rain on one day during
the week. The rainfall reached one inch and sixty-three
hundredths. The thermometer has ranged Irom 21 to 60,
averaging 41'4.
Memphis, Tennessee, We have had rain on two days the
past week, the rainfall being one inch and eighty-three hundredths. The thermometer has averaged 40"3, the highest
being 60*2 and the lowest 21.
—
Receipts (cantars*)...
This week
Since Sept. 1
This
week.
—
—
—
336,000
3,922,000
Since
Sept. 1.
300,000
1
3,353,000
This
week.
i
1
310,000
3,694,000
Since
TMs
Since
Sept. 1.
week.
Sept. 1.
Exports (bales)-
To Liverpool
18.000 198,000 19,000 138,000 14,000 155,000
To Contlnentt. ....... 9,000 167,000 6,000 122,000 10,000 141,000
27,000 365,000! 25,000 260,000 24 000 296.000
pounds.
t Of which to America in 1899, 31,248 bales; In 1898, 14,224 bales;
In 1897, 17,211 bales.
This statement shows that the receipts for the week,
ending Dec. 20 were 335,000 cantars and the shipments toall Europe 27,000 bales.
Total Europe
'
A oautar is 98
December
THE CHRONICLE.
23, 1899.J
—
Manchester Market. Our reporc reoeived by cable
to-night from Manchester states that the market continues
steady for both yarns and dbir tings.
Manufacturers are
generally well under contract.
give the prices for
to-day below and leave those for previous weeks of this and
We
last
year for comparison.
1899.
1898.
8I4 lbs. Shirt- Oott'n
32« Oop. ings, common Mid. 32s Oop.
Twist.
Twist.
to finest.
Uplds
d.
Nv.17 7
" 24 7
Dao. 1 7
" 87
" 15 7
'•
22 7
d.
ZbT^
»7'«
«7i2
®7ifl
®7i«
«7i«
d.
8.
8.
4 10ifl®7
4 10iaa7
10ia»7
4 10iaa7
4 10ia®7
4 10ia®7
4
d.
d.
d.
7»«
71a
71a
71a
71a
71a
4332
47s2
411,2
41132
438
45l6
5»\6
559
559
558
55$
558
d.
8I4 lbs. Shirt- Oott'n
ings, common Mid.
Uplds
to finest.
d.
a.
a>638 4
3638 4
aesg 4
-aeia 4
-aeia 4
«>61fl 4
8.
Oia'36
1 -ae
«6
«6
ae
96
1
1
1
1
d.
d.
8
81a
3^32
33^2
9
9
9
9
33s2
— 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. 33) and since
Sept. 1, 1899, the stocks to-night, and the same items for the
corresponding periods of 1898, are as follows.
1899.
Bavannab
1898.
This
Since
week. Sept. 1
Beeeipts to Dee, 22
This
Since
week. Sept. 1
4,126
1899.
I
1898.
1,119
&o
6,175
8,365
395
224
39,725 23,697 18,769
4,402 2,873 3,659
3,896 1,451; 3,962
5.742
Charleston,
Florida, &o
54,339 2,042
Slock.
68.879
2,661
48,023 28.021 26.390
497
Total
i
The exports for the week ending this evening reach a total
of 4,969 bales, of which 4,751 bales were to Great Britain, 218
to Bremen, and the amount forwarded to
to France and
Northern mills has been 1,350 bales. Below are the exports
for the week and since September 1 in 1899 and 1898.
—
Week Ending Dee.
29.
Since Sept.
1,
1899. Iforth'n Mills.
Exports
from—
Great Fr'nce
Oreat Fr'nce
Total. Brit'n.
Total.
BHt'n.
<te.
Sayannah...
4,751
4,751 16,203
1,795
Charl't'n.&o
Florida, &o.
New
York..
218
"'218
""59
2,390 18,593
1,795
2*205
2',264
1309
1898.
1899.
1897.
1896.
1895.
1894.
Nov. 30. 3,023,593 4,295,063 3,988,516 [,667,253 2,499,105 3,749,088
Deo. 1...
22,259
48,583
45,164
43,081
8.
44,421
" 2...
44,739
65,555
51,818
32,355
36.184
8.
" 3...
8.
52,483
57,168
34,561
42,371
73,601
" 4...
S.
43,623
50,716
57,525
37,918
59,163
" 5...
74,140
32,941
S.
37,884
25,312
45,495
" 6...
75,597
8.
44,706
46,661
54,484
48,917
" 7...
57,089
65,636
45,105
29,585
36,760
79,782
" 8...
8.
46,837
46,497
50,734
45,911
46,934
" 9...
87,162
8.
49,534
33,974
48,937
41,420
" 10...
8.
39,897
89,186
42,642
34.535
62,700
" 11...
8.
57,163
41,454
66,066
53,338
38,157
" 12...
28.683
46,028
64,513
8.
49,736
55,886
" 13...
8.
50,182
38,207
71,516
72,520
43,100
" 14...
53,766
73,825
63,440
94,098
28,597
32,558
•• 15...
43.610
49,421
49,370
61,051
67,270
8,
' 16...
8.
59,811
52,109
31,359
46,268
42,559
" 17...
8.
39,897
72,607
38,495
78,317
38,941
" 18.
8.
61,034
57,688
61,966
34,842
28,999
" 19...
63,831
8.
51.954
47,859
35,154
28,599
" 20...
8.
69,243
61,791
51,127
48,036
35,686
" 21...
60,093
60,365
83,585
74,631
34,853
24,973
" 22...
43,873
62,447
47,236
8.
56,717
56,779
.
Total.. 3,742,742 5,417,982 5,149,339 4,601,285 3,179,246 4.880,018
P'o't'ge of tot. port
6400
receipts Dec. 22..
59-47
67-50
58 93
61-91
This statement shows that the receipts since Sept. 1 up to
to-night are now 1,675,240 bales less than they were to the
same day of the month in 1898 and 1,406,597 bales smaller than
add to
they were to the same day of the month in 1897.
the table the percentages of total port receipts which had
been received to Dec. 22 in each of the years named.
We
—
Famine in India, Latest advices from India indicate that
the situation in the famine-stricken district is becoming
worse. Upwards of 2,500,000 people have thus far received
relief.
Since
BzpoBTS OP Cotton goods from Great Britain.— Below
give the exports of cotton yarn, goods, Sec, from Great
231 10,069 Britoin for the month of November and since .January 1 in
226 1899 and 1893, as compiled by us from the British Board
l',il9 8.258
of Trade returns. It will be noticed that we have reduced
Week. Sept.l.
we
fahe
Boston
movement
000(
omUUd.
all to
pounds.
Balt.,<bo....
Total
Totall898.
218
4,751
2,229
1,014
4,969 18,057
4,595 22,652
1.350 18,553
7,746
4,666 12,412
2,266 16,575
3,243
A considerable portion of the Sea Island
cotton shipped to
foreign ports goes via New York, and some small amounts via
Boston and Baltimore. Instead of including this cotton for
the week in which it leaves the Southern outports, we follow
the same plan as in our regular table of including it when
actually exported from New York, «fec. The details of the
shipments of Sea Island cotton for the week will be found
under the head "Shipping News," on a subsequent page.
Quotations Dec. 22 at Savannah, for Georgias, extra fine,
13J^c.; choice, HJ^c; fancy, 15c.
Cnarleston, Carolintis, medium fine, 18c.; fine, 19 to 20c.;
fully fine.
TamAThread.
1890.
Genuine
Peruvian
is almost unobtainable at the mocrop, Dec. -Jan., are very discouraging.
Cables from Peru report that fields have suffered from severe hail
storms, and a great part of the growing crop has been lost. The yield
will be only slightly larger than the Aug.-Sept. crop, which did not
even reach 3,500 bales (partly tinged and stained), a quantity entirely insufficient to cover requirements. Abundant crops can only
again be expected after a year of heavy rains. Unfortunately there
have already been eight dry years.
full rougli
for
1808.
1800.
TAt.
453.653
434,194
467,754
1800.
1808.
Td».
Lh».
86,767
82,078
88.422
Lbs.
new
1800.
AU.
1898.
77.603
93.773
Lbs.
106.603
102.486
111.172
Lbs.
108,808
100.986
121.227
March
Lbs.
20.846
30,407
22,760
Tot.lst quar
64,003
74.678 1.855,601 1,366,084 256.257 256.897
320,260
831,075
April
10,026
19,786
18.019
23.335
101.526
101.260
104,421
08.047
83.187
69,712
78,808
77.157
100,344
68,631
69,161 1,314,072 1,167.904 248,678 820,672
307,207
289.823
84,881
83,108
80,915
110,860
113,658
104,640
104,407
103,649
100,723
320,062
308,872
January ....
February ...
May
June
Tot.
2(1
quar,
23.841
2a.383
27,464
22.629
431,660
431.007
452,305
481,622
498,417
445,766
449.074
410.715
406,295
868,949
390,603
408,352
81,600
81,474
85,602
440.231
439.846
01,014
428,243
84,266
85.021
July
10,826
19.616
August
19,334
20.641
20.374
19,811
Tot. 3d quar.
59,633
50.968 1.426,804 1.317.320 269,529 218,004
October..
22,119
November..
22.997
24.253
22.325
:
ment and prospects
Lbi.
Jotal of
September...
21^to23o.
Peruvian Crop.— From the circular of Mr. Fr. Jac. Andres, Boston, of December 16, we have the following
•
1888.
Oloth.
476.979
441.708
446.899
427.823
94,219
89,077
83,490
84,440
80,836
Ofl.432
112,396
108,693
106,496
108,101
798
Stockines and socks
Sundry
22,258
articles
Total exports of cotton manufactures
1,104,680
.
The foregoing shows that there has been exported from the
United Kingdom during the eleven months 1,200,012,000 lbs.
manufactured cotton, against 1,164,680,000
an increase of 35,332,000 lbs.
of
lbs. last year,
or
Comparative Port Receipts and Daily Crop Movement.
A further matter of interest is the destination of these
comparison of the port movement by weeks is not
exports, and we have therefore prepared the following
accurate, as the weeks in the different years do not end on
the same day of the month. We have consequently added to statements, showing the aoaounts taken by the principal
our other standing tables a daily and monthly statement, countries during November and since January 1 in each of the
that the reader may constantly have before him the data for last three years:
seeing the exact relative movement for the years named. BXPOBT8 OF PIECE GOODS AND TARNS TO FBIIfOIPAL OOTTNTBIBB IN
NOVEMBEK AND FROM JANCART 1 TO NOVEMBER 30.
The monthly movements since Sept. 1, 1899, and in previous
—A
years, have been as follows:
(OOOf omitted.)
ilonthly
Receipts
Fear Beginning September
1898.
1897.
1896.
1895.
1894.
Sept'ber 800,866j 697,784 786,702 912,486 383,886 518,762
October. 1,131,065: 1,735,660 1,424,907 1,468,516 1,202,460 1,622,664
NoVber. 1,091,622! 1,861,619 1.776,907 1,286,251 912,759 1,607,662
Total- 3,023,59314,295,063 3,988,516 3,667.253 2,499,105 3.749,088
"o't'ge of cot, port
45-97
53-80
46-32
47-57
receipts Nov. 30.
50 74
1
This statement shows that up to November 30 the receipt^
at the ports this year were 1,271,470 bales less than in
1898 and 964,923 bales less than in 1897. By adding the
"totals to Nov. 30 the daily receipts since that time we
ihall be able to reach an exact comparison of the movement
for the different years.
1800.
1808.
1807.
1800.
1898.
1.
ait
1899
Jan .110 Nov.30.
November.
Piece Qoodls— Yards.
Indies
Turkey, Egypt and Africa...
China and Japan
Hnrope (except Turkey)
South America
North Amerloa
All other countries
Total yards
Total value
1807.
181,2S1 206.821 216.802 3.318.087 2,187.062 1.336.974
74.13.> 72,»29 «4,289
7ii2.140
730,383
770.898
65,364 27,472 27.497
680,864
536.106 513.171
24.63* 22,893 2^.667
270,388
269.698
256,503
42,648 4tf,415 ;'<6.489
161,838 400.034
421,494
35.183 21.537 18.379
297,n37
202,986
227,600
2d,516 26,796 26,623
3t8,109
320,7e2
343,416
441,708 427,823 433,146 6,014.064 4.716.930 4,374,060
£4,S21 £3,877 £8,081 £46,634 £43.382 £41.893
Tarns— Lbt.
(000* omitted.)
aoUand
Glermany
0th. Hnrope (except Turkey)
Bast Indies
China and Japan
Turkey and Egypt
411
other countries
Total lbs
Total ralue
2,289
3,687
3.078
3.386
1,875
2,152
1,660
1,914
3,903
4.090
8,S26
2,066
2,689
1,480
3.746
3,382
4,587
6,807
3,189
3,177
1,764
17,075
10.867
26,582
it730
JE730
£070
24,203
30,434
37,4>!8
88,2.'i9
3J,237
88.270
21.060
23.860
16,736
42,668
42.124
28,098
28,196
16,176
33.403
86,088
40.9fl
45,574
81,317
26.669
16,433
107,768
£7.409
225,850
£8,102
220,370
£9.052
THE CHRONICLE.
1310
JCTE, Butts, Bagging, &c.— No transactions in jute baging have been reported during the week under review but
prices are unchanged, the close to-night being at 5]4@
5%c. for \% lbs. and ^%@Q%(i. for 3 lbs., standard grades.
The market for jute butts continues without animation.
Prices are nominally unchanged at I'OSc. for paper quality
and
mixing to
l^^c. for
arrive.
Egyptian Cbop.— The
latest report of
BoBton, on the Egyptian crop
Mr. Fr. Jac. Andres,
as follows:
Alttaougb the present crop is the largest on record (6,500,000 cantars, or more), cultivation for next season, 1900 1801, is estimated to
be curtailed tO per cent by reduced " irrigation of the Nile."
is
Spartanbubg (S. C.) Cotton Mills to Advance Wages.
—The wages of the operatives in the cotton mills at Spartanburg, South Carolina, will be increased 10 per cent on Jan-
uary
1.
Combinations in the British Cotton Industry.— In our
editorial columns to day will be found an article under the
above caption by our special Manchester correspondent.
The Following are the Gross Receipts of Cotton at
New York, Boston, Philadelphia and Baltimore for the past
week, and since Sept. 1, 1899.
New York.
Boston.
Philadelph'a.
BALTIMORE.
ReeHpU
This
week.
Sfpt. 1.
N. Orleans...
H,643
Texas
3.S00
Savann'h &c
Mobile ..
7.818
Florida ..
So. Carolina
No. Carolina
Virginia
North, ports
Tenn., &c.
166
7^3
3,817
Foreign
1.675
This
week.
.Since
SepUI.
Hince
This
week.
Sept. 1.
Since
Sepr.
1.
96,186
76,739
71,010
2.(50
4,848
20,987
1»7
7,37(
8,51^
2,912
29.93s
l,30^
year...
58.28H
l2Mi
3,847
2.081
l.TZt
1.350
68,008
32,985
14,776
891,61:-
20,>-82
314,008
«,081
26,97(1
7,026
tll,'»49
l».^8«
414.70:
28,724
350,833
8H1
21,0»i
lli671
136,343
8,344-
415
6.682
20,289
3,000
45.000
3,879
45,763
Averages of Temperature.— As
of interest in connection
with our monthly weather record, we have prepared the
subjoined table, which shows the State averages of "thermom
eter, August, September, October and November for six
years. 1894 to 1899.
August.
'
Thermometer
*
Septembi r.
•
,
November.
October.
.
1
1
95-2
89-2
95-4
94-4
45T
60 8
77-4
77-3
75-9
78-5
78-8
958
faO-8
69-4
74 6
91-6
t4-4
95-2
9.-0
468
1
95a
(Rood) 9V0
(good) Vi-Z
84-2
66-2
61-8
68-8
92-4
(good) 93-b
N. Car'lina
18K9
1^98(full).. 90-r
1897
1896
1895
1894
8.
(full).
Car'lina
53-8
430
44-4
100'8
lt>99
1898 (full)
1897 (good)
isee (Koodi
lb«5 (full)..
1894 (good)
«6-i'
81-7
92-
80 6
95-2
68-1
83-8
97-^
61--0
bOl
9J-2
W4"8
83-4
79.a
78-z
9s-7
52-0
9a't)
81-7
75-5
78-7
81-b
630
98-0
ti^H
1897 (goodi 97-0
18«6 good) 98-0
1898 (full).. 9. -6
1894 (good) 97-0
«6-(i
189«'.lnll).
6^-4
64-7
61.0
78."
i
69-7
73-4
71-8
71-5
74-8
72-6
1
81-8
83-6
86*2
77-8
790
84-2
70-4
74-7
78-6
85-2
85-9
8^-2
76-.
833
665
77-2
75-5
86-4
87-3
95-0
90 7
46-3
74-1
89-3
87-7
96
47-3
47-7
52-5
58-6
55-8
9v0 4-0
98-7 490
1899
1898
1897
1896
1896
1894
700
81-8
70-0
67-8
65-6
89-u
e8-b
804
98-2
94-8
66-6
81-6
6n2 788
96-6
9i-4
(good) feti 3
(good) 99-2
63-4
79-1
V&i
64-1
8^0
86-0
7b-b
96-8
94-0
91-5
(full).
94-0
92-0
(good
9t>-5
94-3
(full).. U4'5
;B<i0di
(good^
933
(full.)
(full)..
94
(good?
940
«b*»
84-8
102-5
fcOO
OTH
6V3
Louisiana.
1899
1898
1897
1896
1895
18b4
9?-4
9i*»
92*3
79-6
ALABAMA.
1899
1898
1897
1896
1896
1894
6V8 m-c
«3-8
Florida.
81-4
fcl>
81-8
bO-8
91-5
93-0
fc05
93-
wl-»
93-3
990
9rb
76 5
83-0
87-8
67-6
1
i
38-0
fiO-9
74*'
.'IS-S
34-8
41-6
84-8
33-0
36-2
60-f
73-2
•37-8
62-9
75-
27 2
51-3
48-0
5i-l
58-1
5«-8
76-4
78-8
73-8
30 8
53 8
41-0
«7-6
83-4
6
45-6
88-3
40-6
40-8
e6-9
63-2
81-6
60-3
-0
64-1
1
98-2
97-0
6:^-4
88-1
66 8
81-4
(good) 101-4
(goodi 101-7
63-2
69-3
61-0
Ui'6
817
80-9
77-9
92-6
64-8
(full)..
9-6
4-17
6'46
2-58
1899
1898 (full)
1897 (good)
1898 (good)
1896 (full)
1894 (good)
4-90
1-68
5-29
11
3-71
6'80
2-91
1-90
1-64
5-97
8
12
8
e
8
819
9
7
4-80
4.37
13
18
(good)
(good)
6-36
8-91
5-27
3- in
2-T6
3-50
2-63
1-S9
(full)
817
(good)
b-45
18
18
11
7
13
15
8-12
12-90
7-71
3-68
7-84
6-98
11
s-io
4-70
3-44
1-73
1-53
6-22
6-58
11-34
12
10
6-79
708
Ifl
12-86
5-04
6-98
14
16
16
14
14
16*18
17
8-04
5-83
3-53
2-83
4-78
4
2-95
6
8
318
7
5
6
1-41
4
S
6
1-43
8
6
8
1-09
3-92
2-64
3-55
2-88
1-57
South Carolina
1899
1898
1897
1896
1895
1894
(full)
2-01
6-75
8
6-5S
8
10
4-31
5
4
4-13
1-19
1-20
4-48
5
5
3
6
4
7
2-99
4-75
1-85
3-80
8-41
l-b6
Georgia.
1899
1898 (full).
1897 (good)
1898 (good)
1896(full)
1'94 (good)
19
13
10
15
10
8-94
4-13
3-76
0-88
1-17
6
10
6
6
6
8
9
11
6
6
4
429
)
8 91
18
14
10
8-39
4-91
1-34
4-03
2-09
1-67
Florida,
1899
1898
1897
1898
1895
1894
(full)
(good)
(good)
401
6-55
4-64
7-50
..
12
4-70
9-33
(full)
(good)
10
16
13
8
13
18
0-83
4-50
1-13
1-99
2-71
9
10
13
1-12
8-03
1-77
3-45
2-10
2-54
4
13
14
19
8
6
8
0-45
2-24
3-43
4-88
2-37
3-38
Alabama.
1899
1898 (full)
1897 (good)
1896 (good)
695
2-71
6-43
6 73
8-19
2-42
8-43
S
4
8-34
6-ia
1-74
4-52
1-20
0-63
1899
1898
1897
1896
1895
1894
2-58
4-52
5-89
lfl>
3-38
5-56
(full)
(good)
(good)
(ull)
(good)
8
8
13
13
1-70
3-44
3-93
7.07
3-33
8
186
6
8
5
8
6
7
8
1-67
6-44
8-79
3-80
4-30
1-80
1899
1898
1897
1898
1895
1894
4-56
6-19
5-96
3-25
4-68
5-03
(full)
(good)
(good)
(full)
(good)
9->-5
46-7
88-0
47-7
41-;
B.-i-S
84-1
67-4
3
4
8
1-97
678
4
6
8-13
4-17
8-46
0-90
3
2
Arkansas.
1899
1898
1897
1898
1895
1894
1-96
8-82
2-82
1-79
3-56
4-62
,
(full)
(good)
(good)
(full)
(good)
5
7
a
6
10
11
1-38
7-29
0-83
3-33
2-08
8-36
2-24
4-16
S-31
8-77
3
9
3
7
6
156
6
12
4
7
6
7
2-OV
3
4
10
3
2-82
a-H3
3-31
3-98
4-78
1-38
Tennessee.
1899
1898 (full)
1897 (good)
1898(«c.od)
1895 (full)
1894 (good)
8-57
4-31
2-l8
1-37
1-70
3'65
,
8
7
5
8
10
104
V78
0-06
8-19
4-18
2-88
4
£-3«
8
8 06
1
0-84
1-44
1-96
0-39
e
5
6
191
9
3-o0
3-80
6-93
3-o6
8
1-28
•
2-42
3-;9
0-98
1-90
3-?9
(-98
6
0-94
64-1
£•24
66-1
44-3
.^,4-8
825
880
42-3
49'8
78-3
76-9
87-3
563
87
53-3
71-3
72-5
71-8
7u-4
71-9
'^5-5
870
880
430
73-8
68-0
i9-2
47-2
47-4
764
86-6
88-8
91-0
85-4
87-4
87-5
44-0
32-8
77-8
78-8
40-3
67-4
83-0
6p-e
64-8
84-6
64-5
89-5
92-3
92-3
43-8
36-0
48-8
680
78 1
77 4
8
48 8
39-4
40-8
H4-3
82-7
810
boo
85-7
35-3
681
67-2
6n-4
81 9
62-9
57-4
64-0
68-7
rvrt
55-4
63-4
1-its
KO-4
24-4
30-6
27 8
77-8
24'..
770
i«3-7
8,va
82-3
82-5
73
825
f9-0
54-3
5»-5
«0-6
79-
67-2
61-0
66-7
85'0
80-8
80-8
30-8
28-0
34-8
30-7
31-b
32-0
88-9
86-0
8f|-4
27-6
bo e
fi9-3
K3>
28-2
043
611
84-7
80-7
78-2
2^5
6"-8
53-7
67-2
5S-8
267
.54-6
22-7
54-9
79-4
0-0
25-2
64-0
47-3
J
!t-62
4
5
12
4-ai
1-74
3-22
7
8
7
"fall " and " good,' abore
year was mil or sood.
f^" The words
mean
4
6
•
6
8
he aggregate
tti»t
New YOHK-To Liverpool
47-.
76-4
78-4
79-0
7
1-44
1-PO
8-83
4-44
1-87
3-54
6-05
8-27
0-78
s
8
8
l-Ol
3-'8
53-5
81-0
6-*'b
8
.'0-7
.34..
73-1
79 9
S
3' 24
1899
i89S(fuli)
1897 (good)
1896 (go id)
1895(tull)
1894 (good)
Shipping News. As shown on a previous page, the
exports of cotton from the United States the past week have
reached 151,340 bales. The shipments in detail, as made up
from mail and telegraphic returns, are as follows:
•<6
756
9i.'3
46&
893
76-4
89-8
43-5
40-a
78-3
78-7
77-6
76-5
79-6
74-7
90-6
89-3
90-4
90-6
91-2
85-5
83-3
88-2
,Sfl-2
65-8
296
.•59-7
87-/
68-8
64-8
59-7
61-7
790 248
f>l-^
7n-4
190
78-1
^4 9
47-4
72-0
74-8
74-9
72-5
78-6
72-8
51-8
5u-9
16-7
87-0
86-2
90-3
81-7
86-/
84-3
87-0
30-5
67-8
75-1
58-1
390
6i-9
31-7
34-0
693
566
34-8
60-2
7a-3
7^-7
75-7
74-7
74-8
41-6
8f/7
44-4
71-8
67-8
00-9
90-2
94-0
92-7
88-3
88-7
94-ol 57-Hl 77-7
9-<i-«
970
9
8
7
1-17
8-60
1-80
3-63
1-96
0-84
8
8
57-2
52 6
56-7
69-7
3f)-4
26-5
78 8
95-0
10
5
11
0-96
6-58
0-24
1-86
0-37
3-36
36-0
38-8
67-5
78-1
60-2
76-9
560 75
8
8
77-0
76-3
7--3
3. -7
57-'
57-9
b-^-.^
978 4V«
1000 39-5
^.8•^
43-8
66-3
933
95-4
88 8
903
39-8
31-4
4lfl
38-8
34-3
38-3
68-9
•<!4-4
40-4
9V0
970
54-8
61-8
66-2
81-8
98-8
98-H
94-0
Bl-a
42-8
39-0
96-7
94-3
1.0-3
6«-4
78-9
61-7
48-0
faB-8
97-7
92-7
96-7
97-7
.37-4
i-S-S
3-4
74-7
71-8
95-4
99-7
94-f
6O-0
81-2
78-8
(-03
81 4
77-7
74-6
43-0
48-0
101-3
V6-8
69-4
87-2
84-7
82-6
978 490 7«9
9.10 5- -3 7T0
956
790
77-9
8W6
35-11
3:Vf
31-8
28
760 220
8.i-3
60-3
61-a
91-0
4V7
72 8
73-1
.32-0
17--
25-0
]N-7
63-9
48-7
61-3
510
34
5<l-6
170
45-5
,32-2
69-9
or>n for
New
ttan
—
Situ.vtion.
A strike was threatened
Fall River, owing to the fact that the
schedule posted showed an advance of less than 5 per cent in
tbe wages of some of the weavers. The trouble was satisfactorily adjusted by allowing the full 10 percent increase.
England Mill
Mill,
—
Total balet.
1,615
per steamer Cevlc, 1,615
To Hull, per steamer Galileo, 1
To Ha\ re per steamer Bordeaux, "218 Sea Island
To Genoa. er steamer Kaiser Wilhelm XL, 500
To Naples, v^r steamer Kaiser Wilhelm II.. 300
To Trieste, per steamer Pawnee, 200
New ORLEANS— To L,iverpool— Deo. 1?>— steamer Collegian,
Dec. 'il —
13.259... Dec. 19— Steamer Floridian, 3,416
\
Steamer Louisianian, 2,700
Dec.
22— Steamer
can. 4.500
To Havre— Deo.
1898 (full)
1897 (good) 111 1-4
1898 (good 101-1
1895 (full).. 9«-2
82 4
81-4 H3-9
68-3 83-f)
9f.-«l HS-ii 79 fi
tt4-«
994
97-4
51.2
4--e
53-4
77-3
788
^40 280 63 7
60 3
>-5-<i
34-n
b9-0
473 566
30-
60 3
68-9
82-9
78 9
28-6
57-»i
Hi- -4
^8 4
65-6
08-9
ib-i
40-3
and --good" following cno years given aooTe
the agjcregate orop for the year named was fuU of
tdlT'Tne wora8"fiUl"
mean simply that
95-ft
81-4
1
218
500
300
200
Mexi-
23,875
-
7,750
21-Steamer Benridge. ',75i>.
To Bremen— Deo 19 -Steamers Elsie, 4, 8mi; latrar. 10,563 15,363
300
To Kotoi rdam— Dec. 1 6— Steamer Wioiborne, 300
5,120
To Genoa— Dec. 18-Steamer fardiulao Prince, 5 12o
Galveston-To Liverpool -Dec. 1=>— Steamer Incemore, 8,040
12,492
....Deo. 16-8teamer Navigator, 4,452
7,295
To Havre— Deo. 14— Steamer Turkistan, 7,295
Dec.
To Bremen-Dec. 19— Sieamer Heathville, 6,341
-
To Hambursi- Deo. 16—Steamer
10,392
— 8r earner Cyrus. 2,32'2.
Ariosta, 2,077
Deo. 21
Sabine Pass- To Hamburg- Dec. 18— Steamer Somerblll, 1,153
El Paso, &c.— To Mt^xloo, per railroad, 149
Mobile—To Liverpool- De^-. 16-Sieamer Hunrcliff. 4.718
Pensacola- To Liverpool— Dec. 19— Steamer Franclsca, d,509
To Genoa— D^c. 21-Steamer Briiikburn, 2.480
To Venice- Deo. 16— steamer Norwood, 859
To Japan- Dec. 18—Steamer .Windsor, 6,800
Savannah— To Liverpool -Dec. 15-SteamerOlafKyrne, 6,600
To Manchester— Dec. 18— Steamer Vala, 2,549 upland and
—
and4.75i Sea Island
ToBrtmen Dec. 20— Steamer Strathmore, 8,663
HBCNSWiCK-To Liverpool— Deo. 19— Steamer Barnesmore,
2.87,'i
Wilmington-To Bremen -Deo. 16— Steamer Ormesby, 9,973..
Norfolk—To Liverpool— Dec. 15— Steamer Im ni, 1,154
Nbwport News—To Livemool— Dec. 20—steamer Knight
Errrint. 1.3i3
Texas.
lannrt\
1-80
7
7
6
in the Parser
Tennibskk.
1>,<i4
8-23
3-63
5,V5
52-3
65 1
81-2
63-^
52-9
23-"
86-5
91-0
59-5
68-0
63.5
63-7
64-3
64-C
99-8
(gooi.) 104-M
1899
11
19
34'(i
38-7
3i-8
26-4
82-8
(good) 99-2
1899
1898 (full).
1897 (good)
1898 (good,
1895 (full)..
lo94 (good)
faU.
78-2
78-0
7»-H
81-8
77-2
75-0
760
^26 79-3
5-2 7H4
100-8
W5-2
(good) 101 2
(full)..
Rain-
'20— Steamer Gorsemore, 4,051
(good) 95-4
(fuil).
rain.
fall.
510
ARRANBA8.
1899
1898
1897
1896
1895
1894
Rain- Dayt
48*2
81-3
41-8
55-6
86-0
(full).
rain.
23-2
Mississippi
1898
1898
1897
1896
1895
1894
Dayt
fall.
27-11
4V8 83 7
426 65-8
78-b
76-4
97-6
94-8
6h5
(good)
88-7
93-8
62-0
Vb-2
95-0
(full).
6f)-»
74*4
75-4
(goodj Kl-K
(good) IWb
600 761
47-5
60-5
50-8
46-8
49-8
54-6
8.V0
81-3
79-9
S8l^
82-2
79-8
(full).
Rain-
N'RTH Carolina.
Gkoroia.
I8t9
rain.
Texas.
Averaott.
i
fall.
Nommbtr.
October.
Mississippi.
870
i«
Rain- Daya
LXIX,
Louisiana.
49,402
60,611
6.855
September.
AiigUfSt.
Hainfall Averages.
1895(full)
1894 (good)
21,848
Total
Last
This
week.
Since
[Vol.
.*/.
^obton— To Liverpool— Dec. 20-8teamer New England. 1 ,683
Baltimore— To Liverpool— Dec. 15— steamer Ulsteruiore, 503
8an Fkanci8co-To Japan— Dec. 21— Steamer America Maru,
1,6=8
4,399
1,153
149
4,718
3,5b9
2,480
859
6,800
6,600
7,300
8,663
2,875
9,«73
1,154
1,313
1,683
&03
1,698
The particulars of the foregoing shipments, arranged In
our usual form, are as follows.
December
0reat French
New
THE CHKONICLE.
23, 1899.]
Oer-
York.
218
1.616
Japan
<tfc.
Totai.
6,800
many. North, South.
port*.
2,834
52,408
34,578
1,153
149
4,718
13.708
22,S63
2,875
9,973
1,154
1,343
1,683
1,698
1.000
N. Orleans. 23.875
G-alveston. 12,492
Sab. PasB..
ElPa80,<fto
Mobile
4,718
Peneaooia.
3,569
•
8,663
......
......
300 5,120
7,750 15,363
7,295 14,791
1,153
Sayannah.. 13,900
......
......
149
3,339
Brunswick
Wllmlngt'n
**>•»
Norrolk....
N'p't News
1,154
1,343
1,683
Boston
Baltimore.
San Fran..
Ovo
Ify*7«0
503
8,498 161,340
149
300 9.459
Total.... 67,728 15,263 49.943
To JapaD since Sept. 1 shipments have been 1,050 bales
from New York, 15,695 bales from Galveston, 8,971 bales
from New Orleans, 6,800 bales from Pensacola and 45,440
bales from Pacific Coast. To Cuina, 3,799 bales from New
York, &c.
Below we give all news received to date of disasters to
Tessels carrying cotton from United States ports, &c.
State op Kansas, steamboat, of the Tenneasee River Packet Company, iiurned to the water's edge Dec. 18 while lying at New
Madrid, Mo. Several hundred bales of cotton, considerable
freight and baggage was destroyed. The total loss is estimated
at$TO,tiOO. She was bound up to Cincinnati from Memphis,
which place she left, Dec. 16, with a heavy load of freight, consistinsi of 1,600 bales of cotton and miscellaneous merchandise.
Vbrax, steamer (Br.), at Manchester, from Mobile, with 3,100 bales
of cotton.
Fire was discovered Deo. 14 In the forepeak of
steaiUfr Verax, but it was extinguished after about 40 bales of
cotton had been damaged by lire and water.
New York
Cotton freights at
as follows.
week have been
the past
8atur.
Liverpool,
Mon.
Tuei.
964
»«4
9,^
»e4
»64
^64
35*
35*
35*
35*
35*
85
30
30
30
45
45
35
30
30
45
40
40
35
30
30
30
45
45
45
40
40
35*
35
35
30
30
30
45
45
45
40
40
35
30
30
SO
45
45
45
40
40
^
^
Deed.
Havre, Deo
Bremen, Deo
c.
c.
Hamburg, Deo..e.
Amsterdam
c.
Rotterdam
Beval,
Do
Do
c.
Hamb..c.
V.
V. Hull...c.
V. Copen..c.
Genoa.
c.
meate, direct... c.
Antwerp
d.
Wednet. Thur$.
30
30
30
45
45
45
40
40
30
45
45
45
40
40
^
i«
le
Fri.
Ghent.v.Antw'p.d.
^3"
^33
^32
*32
5r2
Quotations are cents per 100 lbs. or fraotlonB of a penny per
* And 5 per cent.
°32
lb.
—
Liverpool. By cable from Liverpool we have the following statement of the week's sales, stocks, «S;c., at that port.
Dec. 1.
Sales of the
week
73,000
4,600
4,100
64,000
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
1(»,000
72,000
781,00C
6^4,000
67,000
60,000
140,000
140,000
,
Amount
afloat
Of which American
,
BREADSTUFFS.
-Otlt.E'rope—s Mexico,
'
1.698
Srit'n.
Dec.
Dec. 15
8.
69,000
2,000
1,000
59,000
11.000
87,000
749.000
659,000
66,000
38,000
138,000
138,000
Dec. 22
62 001
60,000
2,000
2.00f
800
1,000
53 OOt
56,000
8.000
85.000
703.000
14,00<
81.00(
725,00<
629,00(
7l,00C
44.00C
Fkiday, Dec.
1?S0.00«
150,000
22, 1899.
Early in the week a fair volume of business was transacted in the market for wheat flour. A higher range of
values for wheat stimulated the demand from the home
trade, and in some instances slightly higher prices were paid.
Subsequently, however, demand fell off, the orders received
from local buyers being confined to small lots, and exporters
had few orders. Despite the quieter market, values were
well maintained, as mills were not disposed to hurry sales.
Rye flour has continued to meet with only limited demand,
but as offerings have been comparatively light, prices have
held steady. Buckwheat flour has been quiet and slightly
easier.
Corn meal has had only a limited sale, but values
have held about steady.
Speculation in wheat for future delivery has been more
active, but the tone has been unsettled.
Immediately following our last report there was a slight weakening in prices
under a bearish interpretation of the Bureau report and tame
foreign advices. Monday, however, there was a decidedly
better tone to the market, prices showing an advance of 1^
@l^c. The political news from abroai was the principal
strengthening factor. Cable advices came decidedly stronger
than expected, and this stimulated a demand from shorts to
cover contracts and also brought some new buying for investment account into the market. There also was a better export demand and this, too, had its inflaence in favor of
prices.
Tuesday the market again turned easier, prices declining Ji@le. Cable advices were disappointing and the improved export demand experienced Monday subsided. There
also was moderate selling by recent buyers to realize profits,
and under the increased offerings prices gradually sagged,
Wednesday there was a quiet and easier market, prices further reacting s^c. The opening was at a fractional advance,
in response to foreign advices.
There was, however, an absence of buyers, and this, together with the weakness in
financial circles and a quiet export demand, resulted in a
slightly easier market. Thursday there was a dull and easier
market during early 'Change. Toward the close there was
increased activity to the trading and the decline was more
than recovered on moderate buying, stimulated by rumors
relative to the political situation abroad. Business in the
spot market has been on a limited scale only and prices have
been easier. To-day there was a dull, narrow market, closing steady. The spot market was quiet but steady. Sales
for export here and at outports were 52,000 bushels.
DAILT CLOSING PBICE8 OF NO. 2 BED WINTER IN NEIV TORK.
Mon.
Tues.
Wed.
74
72
72ia
Ti'g
74'8
76ifl
7i'8
7258
7538
7538
75ia
72^4
74ifl
7414
7388
76^4
76I4
Sat.
Cash wheat
f.
o.
74I4
72^4
b
Deo. delivery in elev
Mch. delivery in elev
May delivery in elev
July delivery in elev.
75
...
74%
74%
74''8
Thurs.
75
75i8
DAILY CLOSINO PBICES OF NO. 2 SPEINO IN CHICAGO.
Wed. Thurs.
Tues.
Sat.
Mon.
eiii.OOO
69,000
61.000
166,000
166,000
1311
Dec. delivery In elev....
May delivery in elev
July delivery in elev....
65''8
6938
69^8
67^4
71i8
7158
66I2
65%
66i«
70^
6938
69'8
70^4
7058
69%
Fri,
74J4
7238
747^
74''8
75
Fri.
68»a
69%
70i8
The tone of the Liverpool market for spots and futur* b
Indian corn futures have been quiet, and there has been a
each day of the week ending Dec. 23 and the daily clos ng slight weakening in prices. At the opening of the week
pTlces of spot cotton, have been as follows.
under review, predictions of a freer movement of the crop
and realizing sales weakened prices slightly. Monday there
Sat'day. Monday. Tuesday. Wed'day. Thursd'y Friday
Spot.
was a fractional gain, in sympathy with the advance in
Market,
)
1:45 p. M.^
Mid. Upl'ds.
Bales
Bpeo.
& exp.
wheat.
Fair
Quiet.
Irregular. Harden'g.
Dull.
4"32
4932
7,000
8000
10,000
500
500
500
438
basiness
doing.
Quiet.
45,6
45,6
4lls8
12,000
1,000
10 000
500
10,000
500
Futures.
Market,
Steady
I
1:45 P. M.J
Market,
4 p. M.
{
5
at
1-64 decline.
Barely
teady.
Steady
ai
Irreg. at
1-64(3 2-64
decline.
8-64 de-
Quiet.
Steady a1 Steady at Steady at
partially
3-64^3-64 1-64 de1-64 dec.
advance.
cline.
Firm.
cline.
Steady.
Quiet but
Steady.
steady.
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.
Sat.
Dee. 16 to
Dec. 22
mon.
"Wed.
Tbars.
Prl.
121a 1 1:45 4 1:45 4 1:45 4 1:45 4 1:46 4
P.M. P.M. P.M P.M. P.M. P.M. P.M. P.M. P.M. P.M, P.M P.M.
d
d.
<t
d.
<f
December... 4 12 412 4 10 4 0^
Deo.-Jan.... 4 1(> 4 10 4 08 4 06
Jan.-Feb.... 4 09 4 08 4 t<7 4 04
Feb.-Mch. .. 4 08 4 0T 4 05 4 0/
Moh.-AprlL. 4 0fi 4 0- 401 4 01
Aprll-AIay .. 4 0.5 4 04 4 03 3 63
May-June. 4 01 4 02 401 3 62
June-July... 4 02 401 4 00 361
July-Aug... 4 01 4 00 3 63 3 60
Aug.-8ept... 3 61 3 61 3 59 3 57
Sept. -Oct ... 3 54 3 54 3 52 3 SO
Oot.-Nov....
Taes.
4
4
4
4
3
06
04
02
00
6^
d
4 07
4 05
4 03
401
4 00
361 3 62
3 60 3 61
3 59 3 59
3 57 3 58
d.
d.
4 10 4
4 08 4
4 06 4
4 04 4
4 03 4
4 01 4
4 00 4
3 62 *
3 61 3
3 54 3 55 3
.58
11
4 08
09
07
05
03
02
00
4. 6
4 04
4 01
4
00
3
62
3 61
63 3 60
81 3 53 5V 3 54
3 49 3 50 3 51 3 51 3 47
•
•••
d
d
d.
4 08 4 10 4 10
4 Of; 4 08 4 03
4 04 4 06 4 06
4 0'2 04 4 04
4 0(1 4 (i3 4 02
3 63 4 01 4 01
3 t)2 4 00 3-3
3 to 36 3 62
3 58 3 60 3 60
3 54 3 57 3 56
3 47 3 49 3 49
.
At the higher
prices longs sold to realize profits.
Tuesday and Wednesday prices farther declined. Cable
advices were weaker and receipts at the principal interior
markets were fairly heavy. Sympathy with the decline in
wheat also had a weakening influence. Thursday there was
a steadier market and prices advanced slightly. The crop
movement was below expectations and there was moderate
buying by shorts to cover contracts. Business on the spot
has been moderately active, as there has been some demand
from exporters. Prices have followed futures. Today there
was a slightly easier market under longs selling. Basiness
in the spot market was quiet.
Sales for export here and at
outports were 100,000 bushels.
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN NEAV TOKK.
Sat.
Mon.
Tues.
Wed. Thurs.
Fri.
40i«
4OI4
4058
3958
Cash corn, f. o. b
4038
40Ja
SHig
3938
Ueo. deUvery in elev.... 39^4
39
38%
38%
May delivery In elev
3938
39
a8'^8
b9
38%
38''e
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN CHICAGO.
Wed. Thurs.
Sat.
Mon.
Tues.
Fri.
30i«
Deo. deUvery In elev.... 30%
3014
30»8
30»fl
Jan. delivery in elev...
May
Sm
31
3138
3338
3058
3038
30%
30%
3268
33
33
32%
33
Oats for future delivery at the Western market have been
quiet and only fractional changes have occurred in prices.
Monday there was a slight advance in values in sympathy
with the improvement in other grains, but later in the week
the advance was lost. The crop movement has been moderately full.
Business in the spot market has been quiet, as
the demand from the home trade has been light and exporters have done practically nothing; prices have been
easier. To-day the market was dull and unchanged.
delivery In elev
THE CHRONICLE.
1312
[Vol. LXIX.
DAILY CLOSINQ FBICE8 OF OATS IN NX!1¥ YORK.
The better- grade goods will not open until after the new
Sat.
Mon. Tues.
Wed. Thurs.
Fri.
year. The mild weather has told in some degree upon the
2914
2313 29
No. 2 mixed in elev
29
2QH
291a
31I4
3II4
3II4 demand for current deliveries of heavy-weights and re-orders
31
3114
No. 2 white in elev
31
for spring, both of which have been quiet. The market is
DAILY CLOSING PRICES OF NO. 2 MIXED OATS IN CHICAGO.
bare of ready supplies, however, and prices are firm throughSat,
Mon. Tues.
Wed. Thurs.
Fri.
out. Sales of overcoatings good at firm prices.
Cloakings
22i«
2238
2238
Deo. delivery in elev
2214
22
221a
24
2414
May delivery in elev
24
23^8
24
24
dull.
Dress goods are scarce and tending upwa rds. FlanRye has had only a small sale, but prices have held steady. nels and blankets strong.
Barley has been quiet, with buyers and sellers apart in their
Domestic Cotton Goods.— The exports of cotton goods
ideas of values. Buckwheat has been dull and easier.
from this port for the week ending Dec. 18 were 14,956
Following are the closing quotations:
packages, valued at |583,976, their destination being to the
FLOUR.
points specified in the tables below :
Fine
.$2 00 ®2 40
Patent, winter
$3 80 ©3 90
2 25 ®2 60
Superfine
City mills, patent.. 4 10 ©4 40
1899.
1898.
2 30 -©2 75
fixtra. No. 2
Ryeflour,8uperflne 3 10 @3 55
New York to Dec. 18.
2 50 •»2 85
Extra,No.l
Buckwheat flour.. 2 00 ®2 25
Week. (Since Jan. 1. TVecfc. Since Jan. 1
Clears
2 90 @3 35
Corn meal—
Straights
3 35 3)3 50
Western, eto
2 20 'a>2 25
Great Britain
10
18
3,120
1,944
3 80 ®4 00
Patent, spring
Brandywine
2 30
Other European.............
983
13
6
962
(Wheat flour in sacks sells at prices below those for barrels.)
China
166,152
9,881
243,015
18,643
India
781
10,456
ORAIK.
3,877
Arabia
32,966
1,465
49,664
Wheat, per bush.—
c.
0.
Corn, per bush.—
c.
o.
38i4®40% Africa
10,iJ94
255
HardDuluth,No.l 7S''8'®8058
14,794
Western mixed
"539
605
15,655
N'th'nDuluth.No.l 76''8®7858
29,316
No. 2 mixed
385S4®40% West Indies
163
4.357
4,691
55
Bed winter. No. 2. 72i3®75i«
Western yellow
39%®4H3 Mezlco
353
198
10,965
8,270
H'd Manitoba No. 1 7838®80i8
39s^®41ifl Central America............
Western white
South America.......
953
43,200
5,139
57,041
Oats— Mix'd, p. bush. 28i3®30ifl
Rye. per bush—
163
477
14,975
White
30 a>34
Western
8,002
56 ai60% Other Oonntrles....
29>4®30i4
No. 2 mixed
State and Jersey
56 ®60
Total
324.369
410,430
24,761
31 »32
Barley— Western
14,956
No. 2 white
44 ®55
China, via Vancouver*
24,147
Feedins:
24,509
41 ®45
I
;
•
I
I
i
[
t
'
]
I
j
i
Agricultural Department Report on Cereals and
•Other Crops December 1.— The Agricultural Department's
report on cereal crops, issued December 15, is as follows
Total
434,939
14,956
348,516
24,761
From New Enjilana mill points direct.
The value of the New York exports for the year to date
The Statistician of the Department of Agriculture reports the wheat
crop of the United States for 1899 at 547,300,000 bushels, or 12-3
bushels per acre. The production of winter wheat is placed at 291,700,000 bushels and that of spring wheat at 25i,600,000 bushels.
Every Important wheat-growing State has been visit ad by special
agents of the Department, and the changes in acreage are the result
m
has been $15,199,851 in 1899 against |ll,467,2i7
1898.
In brown sheetings and drills there has been a quiet business only and nearly all on home account, exporters being
out of the market except for insignificant quantities. Prices
without material change in either heavy or light weights.
of their investigations.
The newly-seeded area of winter wheat is estimated at 30,150,000 Fine grey goods have ruled dull, but firmly held in first
acres, which is about 200,000 acres greater then that sown in the fall hands.
Prices of bleached cottons are without alteration,
of 1898. The sowiog of wheat is still going on in California and some
of the Southern States, and the foregoing estimate is sul>jeot to cor- sellers maintaining a firm attitude in face of a limited business. Denims very scarce and supplies of other coarse colrection. The average of condition Is 97'1.
The acreage sown with winter rye is estimated at -07 per cent less ored goods small. Occasional advances of 3^c. reported.
than that of last year. The average of condition is 982 per cent.
The compilation of the annual returns from individual farmers is Wide sheetings strong. Kid-finished cambrics and other
approaching completion. Any slight changes that may be called for cotton linings quietly firm. In fancy prints fair sales reIn the average yield per acre of core, oats, barley and other crops, as ported at steady prices. Staple prints in average demand
published October 10, will be made at an early date, and the final fig- and decidedly firm. Fine printed fabrics strong. Ginghams
ures will then be available.
are strongly situated throughout and advances of J^c. reThe production of wheat by States for 1899, compared ported in medium grade staples. Print cloths unchanged at
with previous years, is shown in the subjoined statement:
Odd goods quiet.
33^c. for regulars, but no sales thereat.
WHEAT CROP FOR FIVE TEARS.
Foreign Dry Goods.— General business quiet. Moderate
orders for woolen and worsted dress goods; prices firm. Silks
ProProProProProdiiction,
duction.
and ribbons firm. Laces steady. Linens continue strong,
Tr7i€<it
duction,
duction,
duction,
1899.
1896.
1898.
1897.
1895.
with limited supplies. Burlaps without change.
Importations and TWareliouse Wltlidrairals of Dry Gooda
Biishels.
Bushels.
BusheU.
BiisheU.
Bushels.
39,998,00«} 48,103.173 88,049,133 21,800.016 32,215,579
Ohio
The importations and warehouse withdrawals of dry goods
25.361.176 38,426,029 32,675,201 20.647.440 20,294,492
Indiana
at this port for the week ending Dec. 21, 1899, and since
68.223.5SI 78,417,912 69,891,104 46.699,061 65,584.155
Minnesota.
January 1, 1899, and for the corresponding periods of last
36.468.044 64,939,(13 47,998,152 30,794,462 22,919,666
Kansas
year are as follows:
33,743.909
12.685.410
51.758.630
37,788,339
California
Illinois
Horth Dakota
South Dakota.
Missouri
Michigan.
Pennsyivania.
11.398.702
13,335.193
Oregon
Wisconsin
Nebraska
Washington
Iowa
21.949,536
20,472,923
11,773,382
20.791.776
21.710,394
18,195,489
Total
12,224,403
19,334.348
55.664,446
42.040,923
14.104.154
34,061,851
26,609,940
21,708,260
13,689,972
34,879,309
23,453,018
22.189.624
32,391,020
11,578,003
28,363,652
21,441,248
14,104,458
23,700,144
28,359,611
18,155.031
7.690.775
27,452,647
20,134,648
13,153,114
45,097,195
28,668,146
29,848,501
27,593,460
16,594,473
15,719,898
17,737,286
10,247,141
8,898,930
19,390,608
8,358,192
11.473,152
40,097,798
19,000,712
61,057,710
29,261,088
18,499,968
15,237.803
20,456,429
11,862,720
:;e
Si
B
•
5
9
.
•
.
•
i
S;
•
•
•
SI
B
00
13,654,778
—
QOUt
443.674.489 546,687,098 425,020,841 359.457.955 400,801,992
101,729,357 128,611,607 105,128,327 68.228.392 66,300,955
547,303.S4« 675,148,705 530,149,168 427,684,347 467,102.94
•
•
•
•
3"
ii
ODtOMQW
>t.cnOWif>-
Wl-.p-'h.'tO
cocoo^o
W Vow
wao;ow<i
H-QD
OiCO
<IOD
Ooo
Oti
Oil^
kO-l
04 yi
MO p<ippp
I^M
,
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OD
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—
l(i.•«^<l^^03
to
to
'to
QOO
pppp<i
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w»o
M
CO
h9
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to
<ic;<
I— 01
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ODWtSlp'l-'
o< CO
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to j^CJlQiO
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tOOlf.WOO
MtO(»05M
coco
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loo
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to
w
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Olf'WOStO
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Wt0 05«.<]6l&
2,264,916 2,761,180 3,470,5025,277,452 2,905,983
MO
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05(ococ;<0
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•-•0)00 CO to
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MMWCOtO
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Toeo'-JMlik
w*w
000510 OD<I
COWttlOOO
totoi^toto^
lines of
M«
cow
^J
OCO^if^tO
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oo^o©tf»-
—
M*.-J05_--fl
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i*keoQo«>to
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if^M
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00
business at the expense of values.
men's-wear
heavy-weight woolens have been opened for next fall, mostly
in low-grade goods. The majority of sellers report a good
demand for these and there are instances of where an opening advance of 73^ to 10 per cent over last season has been
further improved upon to the extent of 2}4 to 5 per cent.
K
O0I-'
0»S
New
new
t
»
COO
OCOOQOtO
"wVo'.-'Vio
THE DRY GOODS TRADE.
of
o —I?
en
«0
»4C0
Woolen Goods. — A number
.
SI
'
.
;0 03
1^' For other tables usually iriven here see pace 138*2.
York. Friday, P. M., December 23, 1899.
Buyers have shown no disposition to do more business
during the past week than well ascertained requirements
called for. The conservatism usually prevailing at this time
of the year has been increased to some extent by the unsettled
conditions in the money and stock markets, but beyond that
the latter have had no effect, and at the close the dry goods
trade shows little uneasiness regarding the financial outlook.
Collections are satisfactory and good paper is reported salable at moderate rates. The stock conditions continue decidedly against buyers in both the cotton and woolen goods
Shipments of cotton goods have been very large
divisions.
from the mills and from this market, buyers calling for deliveries to the fullest extent sellers can accommodate them,
in order to anticipate increase in railroad freights which
goes into effect January 1. The tone of the general market
is firm, the upwardltendency has been less pronounced than of
late, but still occasional advances in prices are reported, and
in no direction are sellers showing a disposition to force
cr
»•
w:
7,195,952
Total United States..
§iiPi°
9
.
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December
THE CHRONICLE.
23, 1899.]
m^
131;^
Attica, N. T.— Bond Sale.— On Dec. 20. 1899, $23,000 SM^
refunding bonds were awarded to Rudolph Kieybolte & Co.,
New York, at 100-50. Interest on these bonds will be payable semi-annually and the principal will mature yearly on
OiTY Bep/^ptmewt,
TERMS OF SUBSCRIPTION.
January
The Investors' Supplement will be famished without
extra charge to every annual subscriber of the Commercial
AND Financial Chronicle.
The State and City Supplement
will ako 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
1
as follows: $5,200 in 1902, $2,600 from 1903 to
and $2,200 in 1909. Bonds are dated Jan. 1,
190H, inclusive,
1900.
Ballston Spa (N. Y.) School District. Bond Offeriiig.—
This place will sell at 10 a. m, to day (Dec. 23, 1899,) at the
office of the Board of Education, $41,000 3)^^ high schoolbuilding bonds. Securities are in denomination of §500,
dated Jan. 1, 1900. Interest will be payable semi-annually
and the principal will mature as follows
$1,000 from 1905
:
to 1914, $1,500
inclusive.
Baltimore,
Chronicle.
from 1915
to 1924
Md.— .Bond
and $2,000 from 1925 to 1932,
Offering.
—Attention
is
called to
Chronicle with the four Supplements the official notice elsewhere among the advertisements in
TERMS
above named are Ten Dollars per year within tbe United this department of the offering for sale of $1,000,000 ^%%
States and Thirteen Dollars in Europe, which in both cases
for the
bonds of the city of Baltimore.
includes postage.
full description of
Terms
of Advertising— (Per Inch Space.)
Transientmatter (eacbtime)$4 20 Three Months (13 times).. $29 00
Six Months
(26 times).. 50 00
BTANDINQ BUSINESS CABD8.
Two Months (8 times)
$22 00 Twelve Months (52 times). 87 00
—
Legislature Adjourns. The State Legislature,
its session on Oct. 25, adjourned on Dec. 16,
Georgia.
which began
1899.
Grattan Township, Neb.— Bonds Valid.— The following,
relative to |36,000 bonds of this township issued in 1890 in
aid of the Nebraska
Western Railroad, appeared in the
Omaha " Bee" of Dec. 14, 1899
a mandate has been received in the office of the Federal Circuit Clerk from
the Court of Appeals affirming the judgment of the Circuit Court in favor of
Henry P. Chilton of New York against the township of Grattan, Holt County,
for $^,745 76, the amount of coupons and interest thereon due on bonds voted
by the township and issued in Auaust. 1890, In aid of the Nebraska & Western
Railway. The amount of the issue was f 36,00*), and when the coupons became
due the township resisted the collection ot the amount, alleging insufficiency
of the petitions upon which the election was called lor voting the bonds that
&
:
;
they were issued
in excess of the constitutional limit of indebtedness that
petitioners for the election to vote the bonds were misled b? misrepresentations of agents of the railway, who represented that it was to be a
trans-continental line runnine from Slour City to Ogdenand was to be pushed
to completion as rapidly as possible, and that all of the money necessary for
;
some of the
completion was in hand that the railway was never built through Grattan
Township and Holt County, but that work stopped in August, 1««0, and has
its
;
never been resumed.
Bond Calls and Redemptions.
Bond CaZZ.— Edwin ColTreasurer, has called for payment Jan. 2, 19C0, at
the Canal National Bank of Portland, the following bonds
Anson, Somerset County, Me.
lins,
Town
:
in denomination of §1,000, and Nos. 5, 6, 7, 8, 9, 24, 25
and 26, in denomination of $500. Securities called are municipal loan bonds, bearing 4% interest.
Canton City, Mo.— Bona. Ca/i.— Interest will cease on Jan.
1, 1900, on bonds Nos. 12 to 17, inclusive, each for $500,
Bonds bear 5% interest and are dated Dec. 28, 1889.
No.
3,
Harrisburg, Pa.— Bond CaZZ.— John K. Royal, City Treasurer, has called for payment Jan. 1, 1900, at the office of the
City Treasurer, the following bonds Water bonds Nos. 1 to
60, inclusive, in denomination of $1,000 each: Nos. 1 to 34,
inclusive, in denomination of $500, and Nos. 1 to 10, inclusive, in denomination of $100, all bearing date Jan. 1, 1895.
Also Nos. 560 and 581, Cameron Street grading, $500 each;
Nos. 674, 675, 676 and 677, Eighteenth Street grading, for $100
each; No. 403, State Street sewer, for $500, and No. 440,
Fourteenth Street sewer, for $100.
Kansas. Warrant Call. Frank E. Grimes, State Treasurer, has called fcr payment within 80 days from Dec. 15.
1899, all State warrants stamped "Not paid for want of
:
—
funds."
Webb, Mo.
Bond Call.— This
city called for
payment Dec.
Proposals for these bonds, a
which was given
week on page 1260,
1899, by Thomas G.
last
will be received until 12 m. Dec. 27,
Hayes, Mayor.
—
Proposed Refunding of Bonds. The Baltimore " Sun " on
Dec. ^1, 1899, stated that an ordinance had been introduced
in the CSty Council to extend and renew $118,500 Baltimore
City stock held by the trustees of the McDonogh Educational
Fund and Institute. The stock in question is S85,200 6^
funding loan, maturing in 1900; $30,000 5% Jones' Falls loan,
maturing
$1,500 Q%
in 1900; $1,8(j0 Q% city hall, maturing in 1902,
Western Maryland loan, maturing in 1902.
and
The
ordinance authorizes the City Register, upon the maturity of
the 1900 loans, to issue to the McDonogh trustees $118,500
city stock, payable at any time after Sept. 1, 1916, and bearing 5% interest, in exchange for all city stock named.
Bangor, Me. Loan Authorized.— The City Council has
authorized a loan of $60,000 to meet current expenses.
Bee County, Texas. Bonds Registered. The State Comptroller has registered an issue of $18,860 refunding bridge
and jail bonds of this county.
Berry Tille.Ta. Bond O^ertngr.— Proposals will be received
until 7 p. M. Jan. 4, 19C0, by the Town Council, at the office
of T. S. Thompson, Town Recorder, for $25,000
30-year
water-works bonds. These bonds were voted at the election
held on June 29, 1899, and are authorized by an Act of the
State Legislature passed Dec. 11, 1899. They are in denomination of $1,000, dated Jan. 1, 1900. Interest will be payable semi-annually. A certified check for 2% of the amount
bid, payable to D. H. Jones, Mayor, must accompany proThe town has no debt of any kind at present. The
posals.
assessed valuation is $305,153 and the leal value about $550,-
—
H
000.
—
Binghamton, N. T. Temporary Lean. The City Clerk
has been authorized to borrow from the Binghamton Savings
Bank $5,500 at 5% interest. Under the city charter the payment of 50,^ of the contract price for paving as thewoik progresses is authorized. As the assessment roll is not made up
until after the acceptance of the pavement, ^e city makes a
temporary loan to meet this 50^ of the cout*-«ct price. As
the assessments are paid in, the money is deposited in a
fund to meet this loan when it matures.
—
BloomHeid, N. J. Bond Election. An election will be
held on Dec. 29, 1899, to vote on the question of issuing $50,000 improvement bonds.
Breckenridge, Minn.— Bond Sale.— On Dee. 18, 1899, $24,000 5% 10-year funding bonds were awarded to Duke M. Farson, Chicago, at 100108. Bonds are in denomination of $1,500.
Bridgeport, Conn. Bonds 4u?/ion2ec/.— This city is preparing to is;Ud/^300. 000 Sj^^^gold municipal building bonds. These
securities are in denomination of $1,000, dated July 1, 1899.
Interest v ill be payable at the City Treasurer's office. Principal will mature §10,000 yearly, but those bor.ds remaining
unpaid at the end of 15 years are subject to call after that
time. The date for the sale of these bonds has not yet been
—
bonds Nos. 14, 17 and 18, issued July 28, 1890. Bonds
are in denomination of $5f and bear 5$^ interest.
Wliatcoiu County, Wasli. Warrant Ca/Z.— Interest ceased
on Dec. 15, 1899, on a large number of county, school disdetermined upon.
trict and road district warrants of this countv.
Bristol County, Mass.— Bond Sale.— On Dec. 20, 1899, the
$20,000 4% 4-yfcar note was awarded to the sinking fund of
the city of Fall River at 101 "09. Following are the bids
1,
1899,
—
Bond Proposals and Negotiations
week have been
as follows
:
this
—
H
—
authority of Section 2701, Revised Statutes of Ohio. They
are in denomination of $500, dated Jan. 6, 1900. Interest
will be payable semi-annually at the First National Bank of
Ashland. Principal will mature $500 each six months from
March
March 1, 1907, inclusive.
Atlanta, Ga. Bonds Authorized by Legislature. — The State
Legislature has passed a bill amending the city charter so
1,
1902, to
that $300,000 electric-light-plant bonds and $200,000 water
bonds
may
be issued.
Fund
Bstabrook & Co., Boston
Blake Bros. ,& Co., Boston
:
Alexandria County, Va. Bonds Authorized by House of
The House of the State Legislature has authorized the Board of Supervisors to issue bonds for the repairing and improvement of roads.
Amherst, Mass.— Bonds Not Sold —The §50,000
20-year
refunding bonds, bids for which were asked until Dec. 15,
1899, were not sold on that day.
Ashland, Ohio.— Bonrt Offering. Pronosals will be received
until 12 M. January 6, 1900, by E. B. Westover, Village Clerk,
for $5,500 5^ refunding bonds. Securities are issued under
DeUgates.
Fall River Sinking
Camden,
'S.J. —Bonds
lOrOB
100-91
100-21
100-20
Bristol Co. National Bank
E. S. Cummings & Co., Boston.. 100-C89
Not Sold.— We are advised by R. R.
Miller, City Treasurer, that on account of there not being a
quorum of the Finance Committee present to receive bids for
the $50,000 4% school bonds, the securities were not sold on
Dec. 18, 1899, the advertised date on which bids were to be received. Mr. Miller says that the bonds will be re-advertised
for sale at some future date.
Carterville, Mo.— Bonds JVoi Sold— Bond Offering. At the
meeting held on Dec. 21, 1899, to open bids for the §10,500 5%
bonds of this city, the sale was continued until Dec. 28, 1899,
when any new bids offered will be considered,
full description of these bonds was given in the Cheoniole Dec. 9,
—
A
p. 1211.
—
Chicago (III.) Sanitary District. Bond Offering. Proposals will be received until 12 M. (standard time) Dec. 27,
1899, by Joseph F. Haas, Clerk, for $1,000,000 3i^^ bonds.
Securities are in denomination of $1,000: interest will be
payable January 1 and July 1 at the office of the District
Treasurer. Principal will mature $50,000 yearly on January
THE CHRONICLE.
1314
[Vol.
LXIX.
from 1901 to 1920, inclusive. A certified check or cash for amounts to $58,000. The assessed valuation is $1,751,979 and
amount of bid will be required with each proposal. the population is estimated at 6,000. The official circular
Chicopee, Slaas.— Temporary Loan. The one-Tear loan of states that there is no litigation pending or threatened affect$39,003 mentioned in the Chronicle Dec. 9, 1899, has been ing these bonds.
negotiated with the Springfield Institution for Savings at the
Hartford, Conn.— Bond SaZe.— The ^tna Life Insurance
Co, of Hartford were the highest bidders on Dec. 19. 1899,
rate of A%.
Cleveland, Ohio. Bond Offerina. Proposals will bs re- for the $100,000 31^^ 38-year gold paving bonds an i $20,000
ceived until 1-3 M. Jan. 15, 1900, by Chas. P. Salem, City Aud- 3}4% 30-year gold additional paving bonds, their bid being
luy42 and 108 76, respectively. In the face of the prevailing
itor, for $100,000 i% bridge bonds, maturing Oct. 1, 1912, and
$100,000 4^ river and harbor bonds, maturing Oct. 1, 1919. conditions the price obtained for these bonds a basis of
Securities will be in denoniination of fl.OOO, dated Oct. 1, 3 078 and 3-053 per cent- is an exceptionally good one. Fol1899; interest vdll be payable semi-annually, both principal lowing are the bids
and interest being payable at the American Exchange Na$20,000
$100,000
Iiixu.
Isiue.
tional Bank, New York City. A certified check drawn on a ^tna
109-42
10-i*76
Life Insurance Co., Hartford
" Treasurer of the E. H. Gay & Co., Boston
105-27
li6-<!3
national bank for $10,000, payable to the
10«-00
106-00
City of Cleveland," must accompany bids. Bids must be Connecticut Trust & Safe Deposit Co.. Hartford
103-81
104-55
Estabrook &Co.. Boston
102-06
10iS776
Farson. Leach & Co.. New York
made on blanks furnished bj'' the City Auditor.
102-06
102-41
W. Harris
Comanche County, Texas. Bonds Voted. This county has N. N. Field & & Co.. New York
103-987
C.
Cc.New York
1
d% of the
—
—
—
—
voted in favor of issuing $20,000 4% 5-40-year (optional) jail
bonds. These bonds, we are advised, have not yet been approved by the Attorney-General. They will be dated Dec.
For full description of bonds see Chronicle Dec. 9, p. 1211.
Honston, Texas. Bonds Not Sold. No bids were received
on Dec. 14, 1899, for the $300,000 5% sewer bonds that met the
1, 1899.
Concord, N. H. Loan Authorized. A loan of $5,000, ma- requirements of the advertisement namely, an offer of at
turing $3,000 on Dec. 1, 1900, and $2,000 on Dec. 1, 1901, has least par and a premium of $35,000. The bonds were, therefore, not awarded.
Representatives of the following firms
been authorized.
Feder, Holzman & Co., Cincinnati; Rudolph
Crystal Springs, Miss.— Bonds Voted. At the election held were present
on Dec. 18, 1899, the proposition to issue |20,0U0 water and Kleybolte & Co.. Cincinnati; Spitzer & Co., Toledo; Seasongood & Mayer, Cincinnati, and Briggs, Todd & Co., Cincin$5,00J electric-light bonds carried oy a large majority.
Deshier (Ohio) School District.— Bond Sale.— The sale of nati.
Indianapolis (Ind.) School District.— Bond Offering.—
$1,500 Q% 10-year bonds of this district to Briggs, Todd & Co.,
Proposals will be received until 12 m. Jan. 17, 1900, by the
Cincinnati, at 112 50 is reported.
Detroit, Mich.— Bonds Proposed. The Water Board has Board of School Commissioners— Albert Baker, Chairman—
requested authority from the City Council to issue refunding for $100,000 3%% fanding bonds. Securities are in denomibonds to take up the $100,000 of securities maturing Feb. 1 nation of $1,000, dated March 1, 1900. Interest will be paj-and $100,000 maturing Sept. 1, 1900. The Baard also desires able January 1 and July 1 at the banking house of Winslow.
Lanier & Co., New York City. Principal will mature $50,000
to issue $50,000 of new securities for water purposes.
Elkhart, Ind. Temporary Loan. This city has borrowed on July 1, 1937, and $50,000 on July 1, 1928. A check, certi$5,000 for five months from the First National Bank of Hills- fied by a bank in Indianapolis, for at least 2J^^ of the face
value of the bonds bid for and payab'e to " The Board of
dale at 5}4%El Paso^ Texas.— Bonds Not Sold— Bond Election,— Owing School Commissioners of the City of ludianapolis" mu^t
to an irregularity in giving notice of the election held Oct, accompany proposals.
Indianola, Miss. Bids Rejected. All bids received on
24 to vote on the question of issuing $30,000 city-hall and
Dec. 12, 1899, for the $6,000 5% 5-20 year (optional) water and
sewer bonds, the securities were not sold on Dec. 6, 1899, as
advertised. Another election has been called for Jan. 9, school bonds were rejected, for the reason that no offer of at
although a premium was
1900, to vote on the proposition to issue the above-mentioned least par was made for 5% bonds,
bid for bonds bearing &%.
bonds.
Jackson County, Miss.— Bond Sale.— Oa Dec. 4, 1899, the
Flndlay (Ohio) School District.— Sonds Voted.— At a
special election held on Dec. 19, 1899, it was voted to issue |S,000 5^ 5-year jail bonds were awarded to the Panly Jail &
Manufacturing Co., Sc. Louis, the contractors for the work,
$50,000 high-school bonds by a majority of over 600.
Loans Authorized. At a meeting of the at par. Three or four other bids were received, but they
Fitchbarg, Mass.
City Council held on Dec, 12, 1899, the following loans were were conditional and therefore rejected.
Jamestown, N. Y. Bond Election. — An election will probauthorized
$14,000 '6}{% 1-10 year (serial) street bonds,
on the question of issuing
$7,000 31^^ 1-10-year (serial) sidewalk t^onds, $10,000 3i^^ 1- ably be held in this place to vote
about $65,000 4^ improvement bonds.
10 year (serial) sewer bonds, $3,000 S^^% 1-10-year (serial) pavJefferson County, Texas. Call for Bond Election Reing bonds and $3,000 3}4% 1-10-year (serial) fire station bonds.
voked. At a special meeting of the County Commissioners
A loan of $100,000 in anticipation of the collection of taxes held Dec.
13, 1899, former action calling an election to be
was also authorized.
held on Jan, 9, 1900, to vote on the question of issuing $50,Gardner (Town), Mass. Loan Negotiated.— O a Dec. 12,
1899, this town awarded a loan of $4,787 50 to the Gardner 000 road bonds was revoked.
La Grange, Ga. Bond Election Proposed. It is proposed
Savings Bank at 4%. Following bids were received
to hold an election in this city in the near future to vote on
Gardner Savings Bank
4«
E. H Gay & Co., Boston
5%
the question of issuing bonds for an electric-light plant.
Rogers, Newman & Tolman, Bost. 4JC*
Lowell, Mass. Loan Authorized. On Dae. 12, 1899, the
Gloversville, N. Y.—Bond Sale.— On Dec. 15, 1899, the
$23,419 11 4}^% local-improvement bonds were awarded at Board of Aldermen passed a resolution authorizing the borpublic auction to Erastus Darling of Gloversville at 101 •32. rowing of $400,000 for the payment of temporary loans.
Madisonville(Ohio) School District.- Bonds Fo^ed.— An
Following are the bids
election was held on Dec. 19. 1899, to vote on the question of
Erastus Darling. Gloversville... 101-33
101-00
8. A. Kean, ChicaKO
101-31
W.J. Hayes i Sons.Cleve
issuing $65,000 bonds for a new school house. The vote was
Bonds mature part yearly from one to five years from date 378 in favor of the bond issue and 100 against.
of issue. For description of bonds see Chronicle Nov. 25,
Marlborough, Mass.—Loan Authorized.— The City Treasp. 1116.
urer has been authorized to borrow $25,000 to meet current
Granby (P. 0. Oswego Falls, N. Y.,) School District.- expenses.
Description of Bonds. The bonds mentioned in the ChronMarquette, Mich.— Bond O^ering'.— Proposals will be reicle Dec. 2, 1899, shortly to be issued by this district, will ceived until 4 p. M. Jan. 15, 1900, by the Light and Power
amount to $43,80 and will be issued in the following de- Commission for $20,000 4% refunding electric-light-plant
nominations
Forty bonds of $1,000 each and twenty bonds bonds. Securities are in denomination of $500, dated Jan. 1,
of $190 each, all bearing date Nov. 28, 1899. Interest will be 1900. Interest will be payable semi-annually at the office of
at the rate of i%, payable May 28 and November 2?. Princi- the City Treasurer and the principal will mature Jan. 1, 1910.
pal will mature $3,190 yearly on November 28 from 1900 to
Marshall County, S. Dak.— Bond Sate.— it is stated that
Date of sale has not yet baen determined.
1919, inclusive.
C. C. Gowran & Co. of Grand Forks have been awarded
Uaddontleld, N. J. Bonds Authorized.— The Borough $20,000 5% 20-year refunding bonds of this county at 101 '25.
Council on Dec. 6, 1899, unanimously passed a resolution to
Middletown, Ohio.— Bond Sale.— At a meeting of the City
issue $25,000 bonds for the improvement of various streets. Council held on Dec. 15, 1899, the $35,000 'd]4i 20-year park
An election must be held before these bonds can be issued.
bonds were awarded to Seasongood & Mayer, Cincinnati, at
Hampton, Ya.— Bonds Authorized by Legislature. The par less $1,IU0 for attorney fees and incidental expenses. For
State Legislature has authorized this town to issue bonds to description of bonds see Chr'onicle Dae. 9, p. 1212.
the amount cf $30,000.
Mississippi County (P. 0. Charleston), Mo.— Bond OfferHarrisburg, Pa. Date of Sale. We are advised that the ing.— Propoaais will be received until 12 m. Jan. 2, 1900, by
$75,000 water bonds voted at the November election will not Jas. Smith, Jr., County Treasurer, for the $25,000 5^ 10-20be issued until about May or June of next year.
year (optional) court-house bonds which were voted at the
Bond O^ertngr.— Proposals will election held on Sept. 30, 1899 Securities are in denominaHorseheads(Town), N. Y.
be received until 2 p. M. Dec. 26, 1899, by John Bannett, Rail- tion of $500, dated Feb. 1, 1900. Interest will be payable
road Commissioner, for $50,000 refunding bonds. Securities semi-annually at the office of the County Treasurer A certiare issued under authority of Chapter 685, Laws of 1892, as fied check for 2% of the face value of the bonds will be reamended by Chapter 466, Laws of 1893, and Chapter quired. We were originally advised that proposals would
54, Laws of 1897.
They are in denomination of $5)0, be received until Dae. 4, 1899, but this was an error.
dated February 1, 1900.
Interest will be payable annuNatchez, Miss.— Bond Election Void.— At the election held
ally on February 1 at the Western National Bank, New in this city on Dec. 12, 1899. the issuance of $35,000 schoolYork City. Principal will miture $3,000 yearly from 1901 to building bonds received a vote of 377 as against 116. But
1910, inclusive, and $4,000 yearly from 1911 to 1915, inclusive. the City Solicitor has written an opinion against the issuance
Bonds are exempt from taxes. The total bonded debt of the of the bonds. The Solicitor states that the courts have never
town as it now stands is $108,000 and the sinking fund given a "decision on the subject of implied power of amunici-
—
—
—
—
:
—
—
—
—
:
—
—
:
I
—
|
:
I
I
—
)
:
—
—
December
THE CHRONICLE.
23, 1899.J
pal corporation to issue negotiable securities for the purpose
of borrowing money to enable it to carry out and make effective purely municipal powers expressly conferred," The city
charter authorizes the Mayor and Aldermen of the city to
establish echools for the free and gratuitous education of the
children of said city and to appropriate money for that purpose and to provide for the erection of all buildings necessary therefor. This was construed by the authorities to
authorize a vote on the question of issuing bonds necessary
for the school improvements contemplated, and hence the
election was held.
New London, Conn.— Bond Sale.— On Dec, 20, 1889, the
$225,000 3}4% 20 year refunding water bonds were awarded
to Harvey Fisk '& Sons, New York, at 102*91— an interest
basis of 3'30^. Following are the bids
:
101-329
R. L. Day & Co., Boston
N. W. Harris & Co.. Boston... .101-( 7
N. W. Harris & Co. (for other8).10l-03
lOO'SS
K. K leybolte & Co., Cincin
Harvey Fist & Sons, New York.102-91
•103-03
R. H. Gay & Co., Boston
Sav.B'kof N. London ($100,000)102*7
1 02-53
E. H. Gay & Co., Boston
*
Bid withdrawn.
Newport News, y a.— Bonds Proposed. — This
tition the State
city will pe-
Legislature for authority to issue $315,000
bonds for various improvements.
New York City. Bonds Authorized.— At a meeting of the
Board of Estimate and Apportionment held Dec. 21, 1899,
the issuance of $456,560 bonds was authorized for the purchase of school sites in the borough of Brooklyn.
North Platte (Lincoln County, Neb.,) School District.—
.Bond Ojferingi.— Proposals will be received until 7:30 p. m.
10, 1900, by the Board of Education— Lem B, Isenhart,
Secretary— for $25, (00 4% bonds. Theee bonds were authorized by a vote of 483 to 89 at the election held on August 5,
1899.
They are in denomination of $1,000, dated Sept. 1,
1899.
Interest will be payable annually. Piincipal will
mature $3,000 yearly on September 1 from 1909 to 1921, inclusive. The district has no bonds outstanding at present.
Jan,
The assessed valuation
is
$478,713.
—
District. Bonds Voted. At an
election held on Dec. 16, 1899, it was voted to issue $35,000
school house bonds, The vote was 197 for to 72 against the
Norwood (Ohio) School
bonds.
Olivia (Village), Minn. Bond O^eringr.— Proposals will
be received until 7:30 p. M. Jan. 16, 1900, by Anton Rocek,
Village Recoider. for $12,000 o% bonds. Ten bonds will be in
denomination of $1,000 and one will be for $2,000, all dated
Feb. 1, 1900. Interest will be payable annually at the First
National Bank of Chicago. Principal will mature one bond
yearly on February 1 from 1909 to 1919, inclusive— the $3,000
1315
securities, we are advised, will
as an investment.
Bond Election Proposed.— An ordinance has been introduced in the City Councils providing for an election to vote
on the question of issuing $167,326 viaduct bonds.
Shoshone County, Idaho. No Bids Reeeived.—No bids
were received on Dec. 5, 1899, for the $40,000 funding bonds,
according to reports.
Shrewsbury, Mass.— Loan Authorized. At a special town
meeting held on Dec, 11, 1899, a loan of $3,000, payable $1,000
in the years 1903, 1904 and 1905, was authorized for the repair of sidewalks.
improvement bonds. These
be taken by the sinking fund
—
Springwells Township, Mich.— Temporary Loan.— This
township has negotiated a loan of $3,C00 with the Delray
Savings Bank, Loan bears G% interest and will mature
March
1,
1900.
—
Syracuse, N. Y.—Bond Offering. Proposals will be received until 10 A. M. to-day (Dec. 23, 1899,) by E. F. Allen,
City Treasurer, for such part of $500,000 i% refunding Syracuse Northern Railroad bonds and $500,000 4% refunding
Syracuse & Chenango Valley Railroad bonds as will produce
at the price bid therefor the sum of $535,000 for each issue,
being the principal and accrued interest on the old bonds.
Securities are issued to refund a like amount of bonds maturing Jan. 1, 1900. They will be dated Dec. 30, 1899. Principal will mature Dec. 30, 1929. Bidders will be required to
make bids upon blanks furnished by the City Treasurer
certified check for 5% of the par value of bonds bid for,
drawn in favor of the (ility Treasurer, or cash to that amount,
will be required with bids. The legality of these bonds has
been approved by Delafield, Gould & Longfellow, attorneys,
New York City, and they will be certified as to genuineness
Trust Company, New York
by the United States Mortgage
A
&
City.
The bonds of each issue will be deposited in escrow
with the Union Trut-t Company of New York on the 30th
day of December, 1899. The successful bidder shall pay during banking hours on the 30th day of December, 1899, to the
Union Trust Company of New York, in the city of New
York, as fiscal agent of the city of Syracuse, the amount bid
for said bonds, less the amount of his deposit. Bords of the
par value of $50,000 will be immediately delivered by said
trust company to the purchaser, and the balance of said
bonds will be delivered from time to time thereafter as the
bonds which they are issued to refund, or any part thereof,
are presented for payment, in such manner that such refunding bonds shall be delivered only when like amounts of the
bonds to be refunded are paid and canceled.
These bonds were originally offered on August 2, 1899, but
the sale was prevented by litigation. See V. 69, p. 764, 299
bond maturing in 1919.
Orange County, Texas.— .Bond Sale. — The State Permanent
School Fund is reported to have purchased $2,500 bridge and 344.
bonds of this county.
Tacoma School District No. 10, Pierce County, Wash.
Oswego, N. Y. Bond Sale.— Local savings banks have Bond Ojgering. Open bids will be received at any time not
taken three issues of assessment bonds, amounting to $2,- later than Dec. 31, 1899, by the Board of Edncation-G. F.
384 44.
Whitty, Secretary— for $100,000 4% gold refunding building
Plum Bayou (Ark.) Levee District.- Bor?d Offering.
bonds. Securities will be dated Feb. 1,1900. Interest will
Proposals will be received until 12 m. to-day (Dec. 23, 1899.) be payable semi-annually and the principal will mature Feb.
by Thomas H. Jones, Secretary (P, O, Little Rock), for $100,- 1, 1920. The party or parties to whom the bonds are awarded
000 Q% 10-20-year (optional) gold bonds. Securities are in de- will be required to deposit on Feb. 1, 1900, with the County
nomination of $500; interest will be payable annually. A Treasurer $100,000 or else a sufficient sum daily to redeem
certified check for $5,(00 will be requiied with each bid.
the outstanding bonds as presented. Whenever an outstandPlymouth, Ohio. — Bond Sale Poitponed.— Owing to an ing bond of this district has been redeemed the board of
illegality in the proceedings authorizing the $7,500 electric
directors will cause to be issued a coupon bond of like delight bonds advertised for sale on Dec. 18, 1899, the sale has nomination, in conformity with Section 134, page 56, Code
been postponed. The bonds will be again authorized and of Public Instruction, Laws of Washington. A certified
will then be re-offered for sale.
check for $2,500 must accompany proposals,
Pontiac, Hich. Bonds Authorized. The City Council on
Tupelo, Miss. Bond Offering.— We are advised by F. H.
Dec. 11, 1899, authorized the issuance of $25,000 paving bonds. Mitts, Town Treasurer, that he will receive proposals at any
Secuiities will bear 5% interest and will mature in four years. time for §12,000 electric-light bonds. Securities are in deProTidence, R. I.— Bonds Proposed.— The City Council nomination of $100 and will be dated some time in January,
—
—
—
has passed a resolution directing the City Solicitor to apply
to the General Assembly for authority to issue $2,7* 0,000
bonds for the purpose of refunding part of the water bonds
maturing in July, 1900.
Reading, Mass. Bond Sale.— 1!>. H. Gay & Co., Boston,
have been awarded |4,000 i% 25- year water bonds at 111-76,
The following bids were received
:
Gay & Co., Boston
R. L. Day & Co., Boston
Bstabrook& Co., Boston
111280 Blake Bros. & Co.. Boston
Interest will be payable June 1 and December 1.
E. H.
111-76
'
|
110115
l03-3i
1900.
Interest will be at a rate of not more than Q%, payable
semi-annually, and the principal will mature $800 yearly
after five years from date of issue.
Waterville, Minn. Bond Offering. Proposals will be received until 10 A. M. to-day (Dec. 23, 1899,) for $12,500 5% 10year funding bonds. Securities are in denomination of $500,
dated Jan. 1, 1900. Interest will be payable semi-annually.
These bonds were voted at the election held on Nov. 28, 1899,
and are issued under authority of Section 1090, Laws of
1894.
A certified check for $500 must accompany proposals.
Wells Independent School Distriet No. 68, Faribault
County, Minn.— Bond Sale.— On Dec. 12, 1899, $4,(00 5%
—
Reading (Pa.) School District.— Bonds Authorized.— At
a meeting of the School Board held on Dec. 19, 1899, the issubonds of this distiict were awarded to Wm. Rathje of Rosance of $65,0C0 d}4% scbool-house bonds was authorized,
Richland County, Ohio.—Bond Hale.— On Dec. 16, 1899, selle at par. Securities are dated Dec. 15, 1899, and mature
the $20,000 5% bridge bonds were awarded to the Mansfield $2,000 Dec. 15, 1901, and $2,000 Dec. 15, 1902. Interest will
be payable annually.
Savings Bank at 108*305, Following are the bids
Wellston, Ohio.—Sond Sale.— On Dec. 18, 1899, the $10,Mansfield Savings Bank
$21,66100 Newlst Nat. B'k,Columbu8..t21,2S6 50
702 80 0% 1-10-year (serial) street-improvement bonds were
Meyer & Kiser, Indianapolis. il,6b0 00
Principal will mature $2,500 each six months from April 1, awarded to Briggs, Todd & Co., Cincinnati, at 105*17. Fol1905 to Oct. 1, 1908, inclusive. For description of bonds see lowing are the bids
Chronicle Dec. 9, p. 1213.
Premium.
Premium.
267 67
BridKs. Todd
$658 50 S. A. Kean. Chicago
San Pedro School District, Ventura County, Cal.— Bond SeasoDifood & & Co.. Cincin
5.^2 90 Spitzer & Co., Toledo
Mayer. Cincin
24176
5a;e.- On Dec. 8, 1899, the $20,000 &% 1-10-year (serial) gold Cenierville National Bank
469 20 Feder, Holzman & Co.. Cln.
..200«)O
lOT 20
438 81 Denison. Frior & Co.. Cleve
school bonds were awarded to the Oakland Bank of Savings Lamprecbt Bros. Co.. Cleve
K Kleybolte A Co., Clncm
40136 b"ir>t Nat. Bank, Barnesville.
75 00
at 110'425. Following are the bids
First >at. Bank, Wellston
32106 W. J. Hayes & Sons, Cleve
74 20
Oakland Bank of Savings.... $22,085 00 Chas. Barnard Ventun
$21,730 00
For description of bonds see Chronicle Dec. 2, p, 1162.
Adams Phillips Co., Los AnVV. J. Hayes & Sons, Cleve... 21,053.00
West Seneca School District No. 6, Erie County, N. Y.—
Keles
21,875 20 Denison, Prior & Co., Cleve.. 20.HI5 00
Isaac Springer, Pasadena
21,775 25 S. A. Kean, Chicago
20,600 00
Bond Ojferingr. —Proposals will be received until 4 P. M. Dec.
For description of bonds see Chronicle Nov. 18, p. 1077.
28, 1899, by the trustees of the district for $10,000 4% bonds.
Scranton, Pa. Bonds Propostd. An ordinance is now Securities will be dated Jan. 1, 1900. Interest will be paypending providing for the issuance of from $25,000 to $30,000 able January 1 and July 1 and the principal will mature
:
I
|
.
.
:
I
I
|
—
.
.
THE CHRONICLE.
1316
A
«i
,000 yearly on January 1 from 1905 to 1914, inclusive.
rtified check for |500, payable to the trustees, will be reired.
2
WilmingtOD, Del. Bonds Ifot to be Issued. On August
1899, this city awarded to C. H. White & Co., New York,
—
—
,
4,000 ii refunding bonds.
Subsequently, however, the
New York firm declined to take the bonds and the City Council threatened to bring suit to compal them to do so.
The
matter was in this condition for some time, until a meeting
of the Council held on Dae. 14, 1899, when the Finance Committee reported that the bonds which it was proposed to refund had been paid out of funds on hand, and it was believed
the revenues and income of the city for the current year
would be sufficient to warrant this method of taking up the
bonds instead of refunding them. The report was adopted
and the proposed suit against the New York firm was dropped.
Youngstown, Ohio.— Bond Sale.-On Dec. 18, 1899, this
city sold its bonds as follows
$375 5% lona Street sewer
bonds at 101*07 and $1,100 5% Mill Street macadamizing bonds
at lOl'lS, both issues being taken by The Lamprecht Bros.
Co., Cleveland. For description of bonds see Chronicle
'
:
Nov.
25, p. 1120.
LOANS-
:
Gt the City Treasurer.
Deficiency
Gas and light
and fire
1890
1890
1888
do
1893
Fire Dep. and gas. 1888
Poor Fund
1898
Fourth St. Bridge
1890
do
do ....1891
Franklin Park
1893
Front St. Viaduct
1 894
High St. Viaduct
1891
do
do
1892
do
do
1892
do
do
1894
Levee
1884
do
Market House
1888
do
1889
Steam Fire Dep't
1890
do
do
1893
do
do
1896
Electric light
1897
Sewer farm claim
1898
Refunding bonds
1898
Police
Police
Oolambas, Ohio.— Samuel J. Swartz, Mayor; M. A. Gemuender, Secretary Trust S. F. This city is in Franklin
County.
—
LOANS—
'
Interest.
—
-Principal.
P. Gt. Payable.
NAME AND PURPOSE.
City HaU refunding.. 1886 4
D
J
June
do
1889 4
City Prison refunding 1888 4
Mar.
Nov.
do
M
«fe
8
M&N
«fe
JVhen Due.
Outstatid'g.
1906
1909
1908
1,
1,
1.
NENAMLOANS^
I
$16,000
125,000
35,000
^l
M&N
M&N
J&J
A&O
M& S
J&D
M&N
M N
J&J
M& S
J&J
J&J
M&N
J&J
A&O
A&O
5
5
LOANS-
4
5
4
4
4
5
5
412
5
412
413
412
4
4
4
4
J&J
F&A
M&N
J&D
J&D
J&D
J&D
A&O
5
5
4
4
6s, M&8,
,000....8ept. 1,1902
6s, J&D,
20,000.... June 1, 1904
6s, J&J,
17.000.... July 1,1904
5s, J&D,
10,000.... Dec. 1,1900
5s, J&J,
48,500.... July 1,1902
40,000.... Nov. 1,1910
6s. M&N,
5s, J&D,
10,000.... Dec. 1,1910
200,000.... Jan. 1,1911
58, J&J,
1,500.... Mar. 1,1911
58, M&8,
5s, J&J,
30,000.... July 1,1912
M&8, 100,000.... Sept. 1, 1913
58,
48,
48,
48,
48,
4s,
4s,
48,
4s,
48,
48,
4s,
1,
1,
1,
1921
1901
1903
29,000.... May 1.1904
118,000.. ..Dec. 1,1905
M&N,
J&D.
J&D,
F&A,
25,000....June 1,1906
45,000... .Aug. 1,1906
10,000.... Oct. 1,1906
17,000.... July 1,1907
8,000.... Dec. 1,1907
12,000.... Feb. 1,1908
5,000.... June 1,1908
20,000.... July 1,1908
47,000.... Aug. 1,1909
A&O,
J&J,
J&D,
F&A,
J&D,
J&J,
F&A,
PHncipal-
VE^TM ENTS.
Outstand'g.
WT^en Due.
1900
1910
1908
1913
1908
Jane 1, 1918
May 1, 1905
July 1, 1906
July 1. 1908
Mar. 1, 1914
Jan. 1, 1911
July 1, 1902
Nov. 1, 1902
July 1, 1909
Apr. 1, 1904
Oct. 1, 1918
July 1, 1908
Aug. 1, 1909
Nov. 1, 1910
June 1, 1904
June 1, 1916
Deo. 1, 1927
Dec. 1, 1902
Apr. 1, 1900
70,000
150,000
42,000
60,000
43,000
50,000
130,000
30,000
«fe
100,000
50,000
5,000
95,000
400,000
150,000
2,000
50,000
9,000
15,000
150,000
100.000
100.000
68,000
26,000
160,000
When Due.
LOANS—
Sewer Bonds— (Con.)—
4
4
When Due.
SEWER BONDS-
—
P. Ot. Payable.
4»38,M&S,250,000. ..Sept.
4,500.... July
48, J&J,
48, M&N, 165,000. ...May
STATE AND CITY DEBT CHANGES.
Interest.
.
NAME AND PURPOSE.
Bond O^ertn^,— Proposals
will be received until 2 p. m.
Jan. 15, 1900, by F. C. Brown, City Clerk, for |3,50O Hamburg Street opening bonds. Securities are dated Jan. 22,
1900, and are authorized by city ordinance.
Interest will be
payable semi-annually at the office of the City Treasurer.
Principal will mature yearly on October 1 as follows $1,500
in 1900 and $1,000 in 1901 and 1902. Purchasers must be
prepared to take the bonds not later than Jan. 22, 1900, the
money to be delivered at one of the city banks or at the office
[Vol. LXIX.
4s,
48,
48,
4s,
Nov.
Nov.
July
Apr.
1,
1,
1,
1,
Sept. 1,
M&8, $15,000.
M&N,
A&O,
. .
.Sept. 1,
43,000. . . .Nov.
300,000.... Apr.
10,000. . . .June
1,
1,
1,
58, J&D, $400,000.... Dec.
58, A&O, 150,000.... Apr.
175,000. . . .Nov.
5s,
30,000. . . .July
48, J&J,
100,000.... July
48, J&J,
50,000.... July
48, J&J,
100,000.... Nov.
48,
57,000. . . .Nov.
48,
50,000.... July
48, J&J,
75,000.... June
4s, J&D,
1,
J&D,
Water Bonds—
1901
1,1907
M&N,
1, 1910
ly 1901
1, 1902
1, 1903
M&N,
1, 1908
M&N,
1, 1909
1, 1918
1, 1928
Street Improvement Bonds,
payable by assessment—
$1,509,000
11,600
605,400
126,100
All of the street improvement
bonds are subject to call one year
from date of issue.
var.,
68,
....,
58,
4138,
48,
INVESTIVIENTS.
NEW
S 1,000,000
LOAN.
$100,000
S246,000
CITY of BALTIMORE, MD.,
S%% LOANS OF 1945 AND 1950.
FORT WAYNE, INDIANA, Hudson County Gas Co.
Proposals will be received until noon of Wednesday, December 27, 1899, at the Mayor's Office, City
Hall, Baltimore, for the purchase, in whole or part,
of
S135,000 of the Four Millioa 1845 Loan, bearing interest at the rate of 3)4 per centum per annum,
payable semi-annually on the 1st day of March and
September in each and every year. Said stock will
carry the accrued interest from September 1, 1899.
This stock is issued by virtue of Ordinance No. 137,
approved October 5, IS94, authorizing the issue of
$4,000,000 for Parks. Water Supply, extension
and building New Court-House, and is redeemable
March
1.
1945.
Also, at the same time and place proposals will be
received for the purchase in whole or part, of
S873,000 of stock of the City of Baltimore"
known as " 1950 Refunding W. M. R. R. Loan,"
bearing interest at the rate of 314 per centum per
annum, payable semi-annually on the first day of
January and July of each and every year. Interest
will
commence January
1,
1,
REFUNDING BONDS.
1900.
The city does not tax these issues, and pays the
State tax on the same, in place of the holders.
Both stocks will be deliverable December 29, 1899.
Proposals must be sealed and addressed to the
Mayor as Chaiiman of Finance Department, and
marked " Proposals for 1946 and 1950 3}< per centum
Loans." The right is reserved to reject any and all
|
PRICE AND DESCRIPTIVE CIRCULAR UPON
APPLICATION.
BRIGGS, TODD
CO.,
NEW YORK,
<&
CINCINNATI, OHIO,
35
EAST THIRD
We
ofl'er
ST.
1
NASSAU
PRICE ON APPIilCATION.
EDW. C. JONES & CO.,
NEW
I
YORK, PHILADELPHIA,
Prices and particulars on application.
ROLLINS & SONS,
CO.,
BANKERS
BOSTON,
CHICAGO,
Monadnoclt Buildinar.
MUNICIPAL
RAILROAD
CORPORATION
60 Devonshire St.
^>^"^*^^BONDS.
Choice laanes.
19 MIIiK STREET, BOSTON.
Street Railway and Gas Companies.
LIST ON APPLICATION.
&
Perry, Coffin
Burr,
INVESTMENT BONDS,
ADAMS & COMPANY
BANKERS/
DBALBR8 IN
60 state Street,
INVESTMENT BONDS.
BOSTON.
Mamberi of Boston Stock Bzohanne.l
THOMAS
G.
HAYES, Mayor,
Chairmaa Finance Department.
Government
and
BOUGHT AND
SOLD.
CO.,
BANKERS,
NASSAU
ST. (Bank
ot
Commeree Bids.)
CITY
BOSTON.
NON-TAXABLE
31^^
APPRAISEMENTS MADE OR QUOTATIONS
FURNISHED FOR THE PURCHASE, SALE OR
EXCHANGE OF ABOVE SECURITIES.
LISTS ON APPLICATIOIf.
W. HARRIS &
No. 7 Congress and 31 State Streets,
NEW YORK
Municipal Bonds
13
1
421
MASON, LEWIS &
bids.
N.
NASSAU STREET.
CHESTNUT ST.
-
i
Telephone
Bell
Licensee Companies.
E. H.
j
5s.
ST,
bonds secured by First Mortsage
on the properties of
American
1900.
This stock is issued by virtue of Ordinance No. 18"
approved March 9, 1898, authorizing the issue of
8875,000 to pay and extinguish all of the third
mortgage bonds of the Westeri. Maryland Railroad
Company, amounting to 9875,000, guaranteed by
the Mayor and City Council of Baltimore, maturing
January
1909
1909
1910
1918
BONDS.
Blodget, Merritt
33
Leach
NASSAU STREET.
&
.
Co.,
BANKERS-
SEND FOR CIRCULAR.
Farson,
&
(6
Congress Street, Boston.
Company
13 Wall Street, New York.
NEW YORK STATE, CITY & RAILROAD BONDS
December
THE CHKONICLE.
23. 1899.]
INTEREST on police deficiency bonds of 1888, the main trunk
sewer bonds of 1898, the Boston loan, the sewer farm loan, the Poor
fund loan, the Scioto River Dam loan and on assessment bonds is payable at the City Treasurer's office other interest at the National Park
Bank. New York City.
—
Lncas County, Ohio. Wm. M, Godfrey, Auditor.
L. Yost. Treasurer. County seat is Toledo.
LOANS-
;
Total bonded debt.
Sinking funds
. .
Jan. l,'9rt.
$7,407,800
2,056,895
'99.
.$7,324,600
1,908,713
Netdebt
$5,415,887 $5,350,905 $5,595,700 $5,807,954
Waterdebt(inc.above) 1,187,000
1,177,000
1,112.000
1,112,000
Floatin g debt
'26,481
*74,794
16,567
* Contingent liability to contractors.
The total bonded debt as given for October 1, 1899, included street
Improvement bonds payable by special assessment to the amount of
$2,252,100. The sinking fund receives yearly about $125,000, which
does not Include assessments for street improvement bonds.
ASSESSED VALUATION, I3
ETC —The city's
net debt on December
of actual) and tax rate have been
Net Debt.
Asses'dVal. Tax p.$l,000
$
$27-50
$
27-50
5,350,905
63,^03,920
5,595,700
62,685,080
2700
5,824,521
62,130,350
2700
6,082,947
61,086,700
2700
6,575,859
59,939,040
2900
4,351,090
43,663,270
2400
1,896,400
35,279,170
2250
31, assessed valuation (about
Tears.
:
1899
1898
1897
1896
1895
1894
1890
1885
POPULATION.— In
51,647
1870
in
;
it
1890 population was 88,150; in 1880
was 31,274 in 1899 (est.) 140,000.
it
was
;
$24,300
68
$15,000
Jan. 1, 1909
Subject to call after 5 years.
,
Aug.
1,
1917
COLOBED Public School—
68,
Dec, $7,500
Dec. 31, 1915
Subject to call after 5 years.
Sewer Bonds—
5s,
Apr.
$100,000
1,
1900-1919
Total debt Oct. 1, '99. ...$166,800
City has no sinking fund.
Tax valuation, real
$2,446,440
Tax valu't'n.pers.&RR. 1,598,059
Total valuation 1899... 4,044,499
Assessment is % actual value.
City tax (per $1,000) 1899. $13-25
Total tax (per $1,000) '99. .$27-25
Subject to call after 1904.
Is
payable at Jackson, Miss,
TAX FREE.— All of the city's bonds
are
INVESTMENTS.
($5,000 due yearly) to 1911
M&N, $15,000
Bonds—
June
J&D, $50,000
1900-1901
Children's Home—
58, M&N, $1,500
F&A, $56,000
1900 Intere.st payable at Co. Treasury.
($7,000 due yearly) to 1907 Total debt Dec. 1, '99... $884,912
12,000
1908 Tax valuation, real
44,155,970
....
58,
1905- 1906 Tax valuation, per.son'l. 15,263,296
412S, .... 10,000
COURT-HOUSE—
M&8, $500,000*
Bid?.
.
Subject to call 1924.
General Bonds—
4i2S,M&S, $20,000
1903
($4,000 due yearly) to 1907
*
$220,000 coupon; $280,000 registered.
McComb, Miss.— J. Dock
LOANS—
•
CHICAeO
.
&
Nuveen
Bonded debt Aug.
1,
Floatingdebt
I
1899. $44,000
1,000
1899
1,
I
Oct. 5, 1918
,$35,000
68,
Tremble
5,650-
)
.
. .
—
Windham
LOANS-
INVESTMENTS.
CORDAGE
m
IN
RAILROAD
loo
•
NEW YORK.
Lamprecht
&
sg hi; SPECIALTIES.
Bank
Building,
Adrian H. Muller
and
sold.
LAMPRECHT BROTHERS &
CO.,
E. C.
ALWAYS ON HAND.
121
Send for oar Invest ment Clronlar.
STANWOOD &
BANKERS,
Devonshire Street,
BOSTON.
Banker.
STOCKS
F.
CO..
1871.1
BANKERS,
R.
EYEEY WEDNESDAY.
Spitzer Building, Toledo, Ohio.
F.
REDMOND.
OWew. Wo. a4
LOUIS MB8IBR
Y.
P«n«. Ntrwet. tf.
Fred. H. Smith,
NO. 8 BROAD STREET, NEW YORK.
STOCKS AND BONDS.
HARBIN A000UNT8 BOLIOITED.
INTEREST ALLOWED ON BAL.\NCBS.
FULTON & CO.,
171
la SALLE STREET,
CHICAGO.
Application. Correspondenoo
Invited. Established 1868.
All classes of Unlisted Securities and Traction
Stocks Bought and Sold.
$41,000,000
in
Dividends paid out on
UTAH MINING STOCKS.
Weekly Market Report on
application.
Quotations
by wire or mail,
CONWAY
«fe CO. R_ii. Take
P. J.
°^^ ^^^^ Titv Utali
^"Yi Utan,
Investment Bankers.
Investment Securities,
Western Municipal Bonds.
20 NASSAU STREET, NEW YORK.
BONDS
Market Letter on
Municipal Bonds,
Dealers in High-Grade
Specialty of
and
'
IMU Dearborn .«<rM»'
CHIC A 00.
SPITZER &
Co.,
Son,
or
Members New Yoik and Chicago Stock Exchanges.
MUNICIPAL BONDS.
&
AUCTIONEERS.
Regular Weekly Sales
New York
Securities Netting from S}4 to 6f
FARSON.
WArr STREET, NEW TOBK.
63
197 Superior Street.
•
City,
."SS Broadway.
securities having a Cleveland market bought
o
MANUFACTURING
COMPANY,
EASTERN BRANCH:
CHICAGO.
MUNICIPAL BONDS.
E
THE AMERICAN
BONDS.
•
A
li
Co,,
AND OTHER HIGH-GRADE
Cleveland, Ohio,
Co.,
Bros.
i
J
s
Is
W.
Making a
I
45,000
...
valuation, real. $652,894
Assess'd valuation, per'l. 197.025
Total valuation 1899... 349,919
Assessm't about 75% actual value.
Tax rate (per $1,000) '99... $2 1-78
Population in 1890 was
2,383
Pepulation in 1899 was
payable at MoComb.
is
MUNICIPAL
A 11
[Established
in
Manistee, Mich.— Henry Taylor, City Clerk, This city is
the county seat of Manistee County.
^h^n Due. Assessed valuation'99. $2, 705,711
LOANS—
Assessment about i;^ aetual value.
58
,$73,000
$52-20
Tax rate (per $1,000)
Water Bonds—
$130,000.Oct.l90O to'12 Population in 1890 was.... 12,812
4s
16,000
Bonded debt Dec. 1, '99.. $203,000 Population In 1899 (est
and
BROADWAY
71
Co., The
MUNICIPAL BONDS.
rfnntolpal Bondi.
is
I
INTEREST
5,9 20
MUNICIPAL
l8t National Bank Baildingr, Chicagro
CoiTMiwndence solicited.
Reference, Firtt National Bank, OMrtvo-
M.
This city
When Due. Assessed
Water works Bonds—
DEALERS
INVESTMENT BANKERS,
DUKE
Harrell, Clerk.
Pike County.
MUNICI PAL BONDS.
First National
Total valuation 1899. ..59,419,26&
Real valuation about.. 180.000,000
State and co. tax (per M.) '99..$8-50
Population in 1890 was... 102,296
Population '99 (estimated). 150,000
1944
4s,
SECURITIES.
Devitt,
1900-1901
$8,412
Ditch Redejiption Bonds—
1900
1,
5s,
Whann & Schleslnger,
& NiVER Co.
MUNICIPAL BONDS,
John
M&N,
5s,
TRANSMISSION ROPE.
MacDonald
Nat Bank
Ditch Bonds—
1901
INVESTMENTS.
trowbridge,
l8t
1901
50,000
412S, ....
J.UL
58,
33,000.... 1000-1908
412S
Building Bonds—
5s,
$31,000... .1599-190&
1911
15,000
,
M&8,
County, Conn. C. P. Backus, Treasurer.
When Due, Assessed valuat'n '99,$1 9,701,120
14,000
Assessment abt. 60% actual value.
Funding Bonds3128, A&O, $1 5,000.April 10, 1902 County tax (per $1,000) '99..$l-0O
31SS. A&O, 20,000.April 10, 1904 Population in 1890 was.... 45,158
20,0OO.April 10, 1906 Population in 1899 (est.)... 50.000
3iflS, A&O,
exempt from taxation.
Bonded debt Dec 1, 1899.$55,0OO
$500 due yearly on Apr. 1, '00-'18 Population 1890 was
$90,500 due Apr. 1, 1919.
Population 1899 about
INTEREST
1900
58
Total debtAug.
Jackson, Miss.— Oliver Clifton, Clerk. County seat of
Hinds County and State capital.
When Due.
School & Bridge Bonds—
LOANS—
School Bonds—
SifiS, ... ,$20,000
1919
68, Jan.,
1941- 1942
,$10,000
58,
5s,
Bridge Bonds—
Jan. 1, '98. .Tan. 1,'97.
$7,405,200 $7,524,200
1,716,246
1,809,500
Joseph
Road Bonds—
When Due.
Armory Bonds—
4i2S,var., $73,000
TOTAL DEBT, SINKING FUNDS, ETC-Oct. 1
1317
C. R.
GOODE&CO.
WE
DEAL. IN
HIOH-GRADE IVARRANTS SOUTHERN AND WESTERN
SECURITIES.
Netting from 4 to
15
8^.
WALL STREET NEW YORK.
ROSENBERGER & LIYERMORE,
(Specialists in Texas Investments),
FORTY WALL, STREET, NEW VORK
THE CHKOJSICLE.
1318
\uvihtvs
CHICAGO.
and gvoTuers ®ut of ^tvu
CHICAGO.
&
Co.,
BONDS,
Bartlett, Frazier
Schwartz, Dupee
&
Co.,
[Vol. LXIX.
STOCKS AND
W^ovl^,
PHILADELPHIA.
Edward
WESTERN UNION BUILDING,
2 Board of Trade,
128-148
CHICAGO,
JACKSON
ODRSB BdlLDme.
Street,
Wew
-
markets.
all principal
Co.,
STOCKS— BONDS,
Edwin
Ilia.
of the Philadelphia and
P. Odell
J.
&
Co.,
& FINANCIAL AGENTS
171 I.A SALLE STREET,
CHICAGO.
PRIVATE WIRES.
aae. Street Railway and other Htsh-Grade
Corporation Securities.
PITTSBURG.
a., o. Huppmk,
u. tmetrma.
Members of PhUadelphla Stock Exchange.
Wm.
FOURTB AVEN17E,
PITTSBURG, PA.
78
STOCK AND BOND BROKERS,
SUBSCRIPTION PRICES.
Telephone
STAHL
"
1867.
&
Exceptional facilities for dealings In all classes ol
Soathern Bonds. Loans on Collateral Secnrltlei
607
CHESTNUT
W.
E.
Wyndham
Boiling,
BANKER,
PITTSBURG, PA
Mottu, de Witt
POKTFiQ
DyJl^UO.
Members N. Y. Stock Exchange.
& Sons' Bank,
PITTSBURG, PA.
ST. LOUIS.
Charles Hodoman.
& Hodgman,
BOND AND STOCK BROKERS,
Street,
S.
-
St. Louis,
BROKER AND DEALER
ST. LOUIS
Mayer,
Mo.
IN
BONDS AND STOCKS,
Street*.
CINCINNATI, OHIO.
MUNICIPAL BONDS.
Hlgh-Grade
City, County,
Town and
School Bondi,
Issued In leading prosperous States of the Union, eepeclally adapted tor safe and permanent Inyestment
For Estates and Trust Funds.
&
Brokers and Dealers
37 East Third
SOUTHERN INVESTMENTS.
Co.,
in
St.,
Cincinnati. Ohio.
PACIFIC COAST.
HENKT
EDWARD POLLITI
GOAR,
Members Stock and Bond Exchange.
Davenport & Co.,
BANKERS AND BROKERS, Edward Pollitz & Co.,
YIRGIXIA.
ESTABLISHED
Correspondence solicited and information furnished about Southern State, Municipal and Railroad Investment Securities.
Reference— Bank of New York, N. B. A.
John W.
STOCK AND BOND BROKERS,
403 California
Street,
SAN FRANt;lSCO. CAL.
Ladd
Dickey,
BROKER.
&
Tilton,
BANKERS.
PORTLAND, OREOON.
AUGUSTA, GA.
ESTABLISHED IN
Manufacturing Properties.
We buy and sell manufacturing plants and act as
Agents for bankers in selling this class of property.
Appraisals and expert opinions.
^ei«*217 American Trust BuildluK.
CLEVELAND, OHIO.
Wm. a. Readk.
ST.
Hawaiian Sugar Stocks a Specialty.
1860.
READE & BOWLER,
KOTANY,
409 Olive Street,
&
Cincinnati Bonds and Stocks,
SOUTHER]^ SECURITIES.
ST. LOUIS.
M.
INDUSTRIAL.
Irwin, Ballmann
NORFOLK, VA.
RICH]*IO]VI>,
€>ENERAL BANKING, COLLECTIONS.
INVESTMENTS.
300 Nortb Fourth
RAILROAD,
S
W. Corner Third and Walnut
Co.,
Bankers and Brokers
Stephenson,
Bd«7ards Wbitaker.
l^IUNICIPAL,
J
Seasongood
IWL
BANKERS AND BROKERS.
No. 209 FOURTH AVENUE.
Whitaker
&
Co.,
CINCINNATI, OHIO.
GOVERNMENT,
York.
of New York, N. B. A.
First National Bank of Philadelphia.
T. Mellon
&
Hutton
.
PITTSBURG, PA.
Oldest Pittsburg
PHILADELPHIA.
13 and 15 East Third Street,
RICHinOIVD, VA.
&
ST..
Oeneral Banking Business Transacted.
Investment Securities Bought and Sold.
Interest Allowed on Deposits.
Members of Phlla. Stock Exchange and connected
bv direct wire with New York and other points.
negotiated.
Soatliern Securities,
Tirginia-Carolina Cliemical Co. Stock.
REFERENCE—Mechanics' NatUnal Bank, New
Whitney
STRAUB,
A
Co.,
BANKERS.
SSTABLISHED
.5c
CINCINNATI.
Established 1802.
itlO East Baltimore Street, Baltlmere.
Inyestment and Mlsoellaneons Securities a spec
laity, and whole issues handled.
Sons,
CORRESPONDBNTB
160.
BANKERS AND BROKERS,
BANKERS,
Bank
Co.,
28 Sontli Third Street, PhiladelpliiB
BONDS ADVERTISED on the market lappUed »t
Members of Baltimore Stock Exchange.
NHW YORK STOCK BXCHANGB,
PHILADELPHIA STOCK EXCHANQB.
PITTSBURG EXCHANGE (8 MEMBBB8).
CHICAGO STOCK EXCHANGE.
CHICAGO BOARD OF TRADE,
&
William Wilson & sons.
Wilson. Colston a Co.,
Wilson, Colston
MIHBBB8 OV THl
&
G. Hopper
SOUTHERN.
Co.
Itt-
W
Co.,
BANKERS
&
Allow
New York
Stock Exchange and Chicago Board of Trade.
CHICAGO.
Henry Sproul
St.,
banking business.
on deposits
11 5-1 IT
John
Banker and Brokerj
N. Holmes
Co.,
Stock
Bxchaneies. and connected by pnvate wire with New
York.
Members New York Stock Exohange, Chicago
Pnuadelphla.
L. Lobdell,
The Rookery.
&
Clark
Tran.siact a eeneral
Members
LA SALLE STREET,
CHICAGO, ILL.
Chlcsito Stock Exchanges,
New York and
Stock Sxohanges
No. 139 South Fourth
terest
BANKERS AND BROKERS,
169 liA 8AL.L.E STREET.
Priyate wire to
&
A. O. Slaughter
&
Chlcas*.
New York
and
PHILADELPHIA.
and Bonds Department
Members New York and
Phlla.
W.
E.
York.
S fecial attention invited to our Stocks
Jaiiiieson
PHILADELPHIA.
Members
BANKERS AND BROKERS.
Private wires to
T Mew
CHICA6(0.
ST.,
Co.,
BANKERS AND BROKERS
9RAIH, PROVISIONS and COTTON.
9iooki, Grain and Provisions,
&
B. Smith
Geo. H.
Bowler
1869.
rranaaet a General Banlilnc Baslnesa.
<^OT.I,»mON« OIVBN HP»CIAI. ATTBWTTOW
Richardson
&
Clark,
BANKERS,
25 Exchange Street, Proridence, E.
1.
Bonds
Transact a general banking business.
Commercial Papc
Stocks and Local Securities.
bought and sold on commission. Private wires to
New York. Boston and Philadelphia.
I
@FedFRASER