Full text of Commercial and Financial Chronicle : December 3, 1898, Vol. 67, No. 1745

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*/OL. 67.

SATURDAY, DECEMBER 3, 1898.

CLEARING HOUSE RETURNS.
For the m jath of Novem ber the clearings are the heaviest
recorded since we began the compilation of these figares.
In the aggregate for the whole country the excess over 18i7
reaches 20'2 per cent. For the eleven months the increase
over the same period a year ago is 19 8 per cent.

The week’s total for all cities shows a gain o f 21'0 per cent
from 1897. The increase over 1896 is 36-0 per cent and the exoessover 1895is43'0 percent. O u tsideofN ew York thf increase
compared with 189 f is 10 6 per cent, the gain over 1896 is
2 1-8 per cent, and the increase over 1395 reaches 17T p. c
Week ending November 20.

1898.
1890
1895,
P. Cent
I
652.151
030
585
9
>4.45
+
23-1
568.0*112.901
New York.............
51«,265.32'
88.748,8 ?t< 00,627.328
+13
00.048,956
02,8* 3,094
10,643,310
lo,713,00 };
t5P
12.285 040
11.00/.O4S
10.516 * 93
10,072+3
-*-4*2
11,710.77:
11.131 488
4,150.091
4.313 347
4*3+
3,910 041
l+7o 823
+2-;
l,03w,77t
I.xii.M I
1.0Od,238
1,42j .o15
4-12
l,2ui 40;
l 278.208
980.012
9*7.123
+0 9
831,171
Syracuse ........ ...
i,33a,742
940,931
—2
892.10
853.406
062.7J5
009,290
502 421
Wilmington...........
283,200
260.9 u +10 2
22s*,lUl
Binghamton.........
268.900
9*8,0^0+02 745.20s.57u
+25 7 002 3jf>,03.. 013.2,5 231
Total Middle.
100,323,875. 83 508,799
+20
91,177.256
80,231 347
4.9 rt.l'U
4 03 ,4 /U1 +0 2
4.502.3'ic
», 089.211
l+iu.328
1,039.58a
i.335,533;
1.210.735 '
1.2« 1,066
1,231.894
+
Z
1
1,19j,0j3
l *7n.o*3!
T0 5
1,U0n,9lC
1.204,601|
l,2O0,9?3
+4 8
1 107,215
l 29z.358
1.174.033
1.288.31 I
+11
801,435
—7 1
SuO^B*
l.lc0,O9.
Fall River............
4 20.955
H30.328
— J4’5
571.67!
c5o,33i
462.2*2
!
+l5"o
391.084
402,0 Jo
New Bedford........
8*5 592
90+81,3.8
'
+17-7
143.790,272
I0i.i8t.3<:a
Total New Eng...
pS.23*.320
87.Mr),IKS
87,5‘ 9 425
+ 11*4
74,727,971
-0 0/
10 872 400
•0 8/9 900
U’.2l5,35l
0.0*7,734
6.705.021
T 10 0
6.033.911
+J* +
7,.9. 855,c7b,u41
4.810.006
6.144.248
—9 i
+71^ 80J
o,l9«,4oO
4.000.0^3
+lo"U
60 00 1
4.3i3,rOC
2,709.1 (
+3 1
2,392.7 7
2,105.450
I.OU1,657
Indianapolis ........
2.03».3j4
1.474,
i 0<»9 Sdi;
l 3!>t 80(
1.444 3):
1 230,27 7
rl /»
1,z04.«j92
T o led o..................
1.11*361
80 J,0 its
X59 0
0*9 73
Grand Rapids........
• 81812
r*i*3
73.? £
6*8,331
462,5*7
-8*6
310.829
2.0,050
*220 398
■exington............
29o 830
2 9 90r
200,Ooo
234.0.0
r24 z
Zl5 00 >
20/ Out
225,00.
1
9
081
134,910
1.80,810
Buy ctty .............
—u 1
288,0/0
24. ,lo9
180 18*
Rockford__
179,4.17
126,547
110 012
Springfield, Ohio...
1.7.048
.31 .0 9
I o8.49j
t 38 0
137,209
Canton.................
103 i&9
—
*4-9
241,111
2S3.604
Youngstown .......
+1I-*
*•1:000
270,700
..........
778. /00f
.......
Evansville*..... ...
Tot. Mid. West’n. 141.020 A-/2 127.WU7.Oo3 + 1U • 108 104.831 120,700,027
13.832 707
+V1
12 937,359
12,007 216
San Francisco.......
2.1-3 n79
+ A4 3
J.+U1 0 >0
1 f»«i,U90
Salt Lake City.......
—14 1
I.C9/V.61
1,855.40
1,107,902
Portland ....... ...
+7
4
1,30J, *15
1 285 994
9>9.451
1 207,370
+24’a
590,>28
480,00
644.32*
Helena.................
-0*3
705.9,9
7*7.751
001,317
+4o
7
1.31
*
.9)2
93*
442
Seattle ................
497.781
495,156
Oo9 6jU i 87 0
1.233,090
430,474
Spokane................
887,044
+ 0* 2
38O.000
2n0.30o
110,371
129,320
—20
1
9
1,13
j
1
23,40
i
0/ OOi
Sioux Falls.........
23 320 .oy
J1 1.2,109
1-tu 18.102,1-27 - 19,745,328
Total Pacific.......
-2 3
iO.'iao.'juO
lo, u.1,300
10,011 oao
Kansas City...........
9 012.22 8
*r6*u
ll,0/i,tf-9
10,o4.-,o2*J
7,017.0*5
Minneapolis. ........
8 962,105
5.079 dOO
(.n7.-,o:*f
+21*4
3 691,624
3+87.008
t 16u
4 1 .6, led
5.490.260
St. Panl................
4,029 005
t>,UoO 890
+34*1
8.7d6 Id.
2.U03.5/O
1, 80,707
Denver................
49 . 10
2
*
400.1 On
. l-w. ■»!
1,04 7.6.0
2 000.080
1, Lid U>7
» 00*0
9(13,089
S'. Joseph.............
1 003.3,9
+ 22 *.
i.luo VJyJ
90 >.00>
705.760
Des Moines...........
941,(21
ofll.fll/
—1’
6
‘d
769
0*.
39*,0o.
Sioux City.............
695+74
+2 i
351,1+2
344.010
Lincoln. .. ,
303,828
302,978
—- 0
370.4-0
401, -.3
261,cflO
Wichita.................
- 3><4.730
019+9 <
+10 3
440 9»7
Topek x..................
39 ,000
79,0*2
T
*9
4
00+18
35 346
Fremont ........
liO.-iv*'
98 V28
r io
7 ,190
H a stin g s.............
66,190
40,8J6.9lu
.-9-4
37,319,224
Tot other West..
31,304,890
34.052.638
+11
8
2
7,422+0J
21.527,973
St. Louis ...
....
21.020,327
21,103 829
8,020.040
11,101 5 <9 —2i 1
New Orle ins.........
9.530,320
10,991 118
0+09,000
-9 2
6.022,79/
4,78 ’,222
Louisville..............
5,14 3.878
4
010
5
<
0
+21
9
3.780,200
3.116,360
Galveston.............
2,787.806
4,978,07*
T2 1 7
4,091,30.
Houston. ...
...
3,271,740
3.145,384
r0‘3
3,048.559
3 OiU 4 0
Savannah.............
3 20 ,oSl
3 128,250
1.850 042.4 18 000
+3u*/
Richmond.............
2,167,802
r!2 0
2,338,208
2.019, 5
Memphis...............
2.299,43*
1,547,63.1
—3 1
1,300.U t
Atl irita................
1.309,6*0
1.382,854
983,3.. 1
—3o
1,018/ 90
Nashville...............
1,20 .>,890
801,054
1.080.120
970.14r ll 0
Norfolk.................
93i,4 UO
1
013,085
d44.7dd
1,130,7.15 —43 0
Fort Worth...........
408,7 't>
552,W99
82d,59-/
859 9 i 9
—1-7
Augusta................
879,108
700.000
‘/PU.437
+ 19U
53 ,037
Birmingham.........
481.588
482,192
414,18
+4
3
43J 140
Knoxville..............
4*3 401
485.803
490 322
+0-9
Little Rock...........
325,271
341,884
189 038
181,0«6
.Jacksonville..........
195.130
297,24 0
267.610
+15 4
Chattanooga..........
217,MIS
203,395
-44 1
Macon...................
434.0 ' '
7 - 7,U0
04,530 075
+VB
Total Southern...
05,073 03
55.880 518
57,142.974
+21 0 980,322.0i6 838 989 0 *8
Total all.............. 1.882 282 4^9 1,101,819.304
Outside N. York. 497,0i8,0u« 449,008,334
+100 411,069,184 424 723,090
Clearings at—

Novembtr.
1898.
How York. ...
PolUdelpbltt..
Pittsburg-----Baltim ore.....
Washington .
Rochester ...
Syracuse.......
Boranton . . . .
W ilm ington..
Binghamton..
ro ta ] Middle

1897.

Eleven Months.
|P . Ct.

1898.

1897.

P .C t

1
9
f
9
8
8.972.082.332 3.121.440.43) -*-27-3,37.314.424.870 29.838.665,519 +251
321,900,417 283,408,-9r + 13 J1 3.281.778.681 2.090.859,00c +13 3
00.2rt5.8dt rl3 w 1 S id .-i-jo 77.73 \74*
715.14 ,214 +l9-d
7l.97u.005 i-10-7
8ll.5l8.07t
719.013,801 +17*0
83,938,710
2u.713.rt0f21,850,501 - b - i
190.lw7.212
191.121.4«2 1-20
8.337,017 4 9*8
92.752.144
9,151.002
88,570,525 + 4 7
7,020.075 +8-7
0.289,014
8i.9L0.35':
72,807.19- +1 .-9
4,0 <8.819 +4*7
45.509.701 +151
5.158.713
62.h93.951
4.319,501
4, '.94,797 -t-o-f
42,5 1.581
39,362,415 +•0-0
<954.*l9r +9 ‘fc
32.500.0si +7-0
34.0 9,v0i
3,247.840
l,«fl.2<>>
1.409.010 +5-1
16.454.70
15,307.00 +7*1
4.500.009,0u7 3.599,488.025 +25Sl*2.8da.«j3.050 34.084,97-. 104 +23 5

Boston...........
Prorldenoe...
H artford.......
New H aven ...
Springfield ....
Worcester----Portlan d........
Fall River____
L o w e d ..........
fe w Bedford.
°otal N. Bng

537.603.703
22,998.200
9.930.040
0.702.034
7,014.907
0.420.028
0,023,830
3,010.781
2,000.602
2,109,027
005.7C«. IZ4

447.775.375 f 20-1 4.808,31*8.07J 4,027,770.517
239.1*29 n o
23,5 8 400! —21
-'42.472.90J
9,514, •4' 1*4-1
113.5U.00*
113. ifc5.711
73,2*7.20*
71.430,447
0,071,18.; + 1G
0,371,875 + 118
0*.417,00*]
M3.?i 3.537
0.244,148 s-2-8
70.8 3.9 4
00.0Oo.77l
+41
0,38 ,501
07.1.8.631
02 917,987
30.95 .o2C
*. 152,2Vi — 12-9
35+60.59 *
14-7
3.399,9it
30.020 79.!
32,410,116
25.6^1,927
2,314.07-* — ■9
28.9 H.7S
610.2 >i,8Wi 1*47*3 5,594.013.190 5.311.067,40*

+5-2
-1*4
+0*3
+2*5
*-92
+0*4
40-7
- 1 *3
+0-*l
-0-7
4*4 7

C aioago.........
Cincinnati.....
Detroit^ ......
C le vela n d .....
HHwankee ....
Ooiam has......
1o llanapolli...
Peoria .........
Toledo...........
Orand Rapids.
Dayton..........
Lexington —
b a la m a io o ....
Akron............
Bar City...
R ockford......
Springfield —
Canton--------Tot.M. Weet.

490.857,854
63,4 <5.460
30,844.940
35.l8>+2d
23.790.345
19.192.600
12.339.03o
7.102,510
8.058,040
4.431.654
3,M02,H3o
1.180,002
1 284,413
1.4U0.7OO
705 723
1 +uo.ooo
892.080
995.800
090,98S,21<

457,828,51-9 + 7*1 4 014.98'.U>t 4,098.017,017
04.084.400 —1*1
t>90,4.0,700
507. m11.000
28.281,2101 +9*i
315,003.0 4j
272 003 9ir
288.337.9.11
20,873.389 1-23-9
353.3 l 847
217,837+38
2d,54 7,90l —10*4
22-,02 <.352
17.707.0 C + 0'4
189,910.800
107,327.10'
11,058,703 + U-0
123+70,785
100,01 ».9s2
7.6»0,Olo — 4*7
77,110..;67
<,820,6lo
87.05 *.000
0.456,057 *84*1
74.81 1.791
*3,072.270
3,918,85 4-13-2
3fl.ul4 .09*
2.980.681 + ■42--)
36.813 lf>6
29.070.7 95
J8.M73.850
1*,94 1.730
l.»7d,27i —2 r i
1,309.431 -1-9
14,3 9.203
12,709.8*'
1.133.401] + 21-1
14.578.000
12,1:8 400
9,70 *.4o9
920.805 -10 0
9.10*1.257
980 632 + 110,282,731
9.134.21
9.10M.O0W
7,055.4 >9
7*8 7m +22-6
7 sl.ll* +27-.
8.0-1.780
O ' 27, 04
052,571,814 +0*C 7,c8o,511,0*1 0.012.122,/90

+2 *0

Ban Francisco
Salt Bake City
Portland.. ..
Lot Angelet
Tacoma . . .
Beattie .. —
Spokane........
Fargo............
Sioux F alls....
Total Pacific

74,039.980
9,50*1,888
8,815.407
0.7o<».0;y
3.507,110
«,i 08+00
6.400,760
2,233.000
575.907
117,000,70o

7 »1,' 8 *,310
75.335,54 4 -1-8
7/,297,-34
9,000.931 -3-0
84.-32,700
0.715,6*2 -9-a
08.1 21,774
0.315.871
—
01
39.910.7*0
3,01-.713
r2.* 3. 00
5.IUl,«90 + 19 7
40.53o.s80
3.01'v4fe0 + 4+7
1 4,703,035
1.0>7.522 +372
6.142.10
57*. **181 —0‘5
+
0*8
1,132.112,0(6
110.089,-> ■1

£e»nf»s City...
Minneapolis...
OraaDa.
St. Pam . .
Denver..
Davenport —
S i. Joseph ...
Das Moines .
Sioux City ...

57,455,350
66.9.58.218
31,366,577
20,745.600
14,031.304
3. 35 OH
9,870.722
4,290.042
3.803,508
1,683.020
2,183.932
2.494.804
441.022
«09 013
218.912.40*

5:40.-2 1.2 :5
493.910 124 +8-7
6C.53 ’,585 4-13-7
t 10,4»0.7*10
302,081. *29 4«3-i
50.-»7 1,50 1 — i-9
219,7*4,321 431*2
218.310.581
24.52s.92l r33’2
I75.0h2.27l 4*2 7
l9i.W2l.7l-i
24.80O.z89 4-7-6
137. 94.143
111.214+80 r2L 3
10 303,5.45 +30-2
34.040,027
27.473.5fl2 *-240
2.107.107 4 o-l
00. 07 129 t 89"*
0.190.8 i2 +50 1
113.811.031
40.337.590 4*0-9
0-8 55,111,4 43
4, >13.938
37,400. 97
20,4.11,037 t-31-0
3.504.324 + 9 0
.Vo
15.000.183 4 rn
14.17 >.l 1
1,042.5 >2
1.902.8 9 + 14 H
20.001.123
!>*,0vI.fliO + 11-3
2,287.43 > + 9-1
25.436.422
20.721.v9/ 422 8
3M), l l-l +23'6
•->.100 092
3.501.027 + 1 31
400.009 +50*0
4.241T ’L +218
5.101 •««
189,083.010 +12+ l,0;3,o»u,+* L.680,/ /fl oO- +lo*6

W iohlta........
F lailing*.......
Tot.oth’r W .
d u L o u is.......

Richmond ...
Memphis........
Norfolk

.......

Macon .. ..
Total Booth.
Total all......
Outside N. Y.

7

+ 4*
f-15 8
r23 +
+3 8
H35
K0 9

417 1
+21"3
f2 1*4
*-<5 0
+128
+20 1
r 0"0
*-120
+ 19-0
+20*0
T ii 0

079.fld9.393 49 0
9.053,0*1 +1+0
04.-55,996 -310
57,91 <.6 1 1 4*7-0
25.223,025 451-2
20 983.183 +10129.0*5.001 36-7
7,882.70* 47 <‘9
3.191.002 »*0l*l
908.422.383 4109

133,302,363 124J 09.192 0122 1.314,005,352 1,234,0-9.903 s06
sad, cai.d.o 4 7*4
45.427,330
40.249.-sol —i*»
882,430,836
29.749,031
292,415,299
2*.162,2‘8 4*20
314,530,346
19 510.300 4-11*4
160,580,350
21,741.700
120,282.450 4*4 0
17,589,298
I4.y70.8i5 H7-J
110.951,093
122,100,817 + U 8
15.809.895 —o2
114.0 51,123
16.780.940
114,193.4 77 40-4
10.183,074 f2 0 l
12,231.925
120.344,722
104.964,-041 414*7
12.491.001 —1*2
97.893.379
15,342,951
03.014+79 +17 l
—
05
01.153,340
7.9*6,771
03.579.026 40-9
7,4 <9,550
6,318.70} —
11 52.899,It 7
5,268 010
49.002.326 ♦ 0*4
4,008,170 +9 1
5.027.6*11
45.117,450
42,13>.l»9 47-8
3,543.735
4,:109.753 -1 7 8
32, *03.100 431*8
au.'H7JSM
5.003+00 -8-/
37,4 4,003 -7'3
4.60M&O
8l.7iS.asi
2.181.370 +9-0
2,309.814
21 310,002
18,703.134 +i*-o
2,2 r4, TOO
1,875+33 +20*2
*4.42n,7«M
20.853.3i3
1.9l",6l0 +3 4
1,97 .271
10.369.006
14.74 5,892 +110
918,533
8t0 427
•0.1*7,582
9.833,0/5 r 33
1.528.408
1.2/1.80- +20-2
10.000 l* 0 13,0'>9+0* 42+0
2.271.000
3.04l.*>«*O —37*2
21. 81.0K)
2«,970,00 l +128
331.4 Lx.063 811.485. *0*1 4-*# 2.98/.2l .38* i. 7<'4,7 l 7,b i t ♦ 00
0.473.784,3 5 5.386.5/8.4.+ t-20‘2 01.622:55.6 M61,31 .97 ¥* +1** 0
•2*501,101.*>03 2 204,131.000 f-10-4 24.*08.330.7*.3 i 1,02
> 4 12

Montreal.
Toronto ........
Halifax
Winnipeg
iMnllton*.. ..
3t. John ......

07,340,976
09,1*5.319
6,154,752
11.653.009
3.147.690
2+00.771

i o i. « itnndn.

128.989,08*

59,100,331
84,211.001
6.580,5.8
13,5-0.701
2.078,171
2.442,530

+13-8

+i»-a

072,113.010
394.100,100
50,134,600
7^.905.724
3 1.302,163
27,009,009

5U.07P.0U 423 1
3 + .170.125 + 1.-5
60.-27,016 -3-4
74,051.3.14
30,250,32 * +6 8
27,871.0.1 4 0 9

-7 0
—14 7
+0"3
4-89
117.830.084 +9*6 1.202,309.000 1,070.364.679 417-9

H - r ‘ F o r i n b i c o f e l e f i r l n g * by i v l e g r a o h

p. t i l l .

NO. 1745.

Montrenl............
Halifax ........

Winnipeg.. ...

Hamiltou............
St. John................
Victoria*...............
Total Cauadu.....

18»M

*097.

11.919.801

11,304907
0./S-9+12
990,689
2,883.367
680,344
644,177

—19*8

23.lo3.04fl

7.2 <3 001
1.078 081
2 3*2+00
018.68 ‘
670,405
646.961;
26743.611

* Not included In totals.

+32-2
+0 2

T * t*

9,121.580
5,800 3 8
1,071 230
1.80 7,407
634,002
4*9,091

13,370,941
7,205,070
1.214,088
1+37,339
044,041

+16*8

18 815 029

23 432,08 6

+ b -t-

+0t

1130

THE

C H R O N IC L E .

TU K F IS A S C I A L S I TUA T I»S .

Not even the depressing influences of a phenomenal
,«joir storm, resulting in clogged city streets as well
M crippled business over all the steam railroads enter­
ing this oeutre and more or less over the • roads
throughout the F.satern and Middle sections, have
been able seriously to check progress in our markets.
Public optimism very seldom overlaps such depressing
weather and wretched traffic conditions as have ex­
isted a good portion of the time since last Saturday.
It raav be assumed by some that the settlement in all
substantial particulars of terms of peace by the Con­
gress sitting at Paris was accountable for the con­
tinual buoyant feeling. That event has been all
along anticipated, the anticipation too being fully
warranted, and Wall Street always discounts that sort
of coming event. Indeed, many astute operators act­
ing on tha' theory sold stocks all day Tuesday think­
ing it was the “ pin point of time” to gather in the
profits. But note that the buying was just as free
and eager as the selling.
What doe- all this mean ? It meaus that we have
entered upon an industrial revival which is as yet ia
its incipient state. Of course in the end the specula­
tive interests will overdo the conditions, for earning
capacity is the gauge of every security’s value. But
we h a v e not neared the end yet. We have no more
than touched its opening phases. A t the threshold
it is possible that we may meet disappointment.
Should the rumors and outcroppings of opinions as to
the probable course of the Administration with
regard to currency reform prove correct, in­
dustrial revival after a brief course will fall
into
that
old,
dull,
fitful,
creeping
state
of affairs that we have experienced during so
many recent years
We do not believe these rumors
are to be trusted. We believe the party in power,
now that it has the power, will go forward in spite of
enemies in the camp or out of it, and redeem its
pledges.
Indeed, as we write, we see Mr. H. H. Hanna,
Chairman of the Indianapolis Sound Money Conven­
tion, declared, at the Chamber of Commerce meeting
Thursday, that President M cKinley’s purpose had
not changed a bit. Mr. Hanna’s statement was that
on Tuesday of this week when he asked the President
what he could say to the people when he went back
to the West to begin his work, the President replied :
“ You can say that I stand for monetary legislation
and I am determined that every pledge the Republi­
can Party ever made along this line shall be kept.”
That statement obviously moans all that any sound
money advocate could desire.
It does not mean
that the bill before the House will be pushed ; it
would be senseless to force through the IIouso a
measure that every OOM knows will in the Senate meet
an insurmountable obstacle which the conditions
already fixed tell us will be removed iu a few months.
Moreover, it would be endangering the whole move­
ment for sound money to attempt legislation at the
coming session; for the House bill once in the Senate
would most likely be saddled with a 16-to-l amend­
ment or with, what would be worse, a silly compro­
mise. Legislation ending in such a fiasco would dis
turb business and thoroughly disgust the public
with currency reform.
Besides, recent develop­
ments show that the country has outgrown that bill.
The best opinion looks for an early meeting of the

[V ol. LXVI1

now Congress soon after the 4th of March, and for the
passage of a measure better and more simple than the
report the Banking and Currency Committee has made
to the present House, but attaining, only by a shorter
road, the same ends sought by it.
This statement of the President will satisfy the
people that they are not to be jockeyed with this
time ; and so long as the outlook for currency legisla­
tion is interpreted by the public as ensuring within a
reasonable period satisfactory action, that question
can have no harmful influence upon industrial de­
velopment. In the meantime, too. the evidences of
expansion in business operations day by day are being
disclosed and will be accepted not only as a present
fact, but likewise as correctly forecasting future
growth ; that is, as indicating a like progressive move­
ment during coming months. How material the de­
velopment now in progress has recently been is proved
by all the ordinary records of business activity. Clear­
ings, measured in periods of three months, have shown
steady increases this year since the decline in A pril ;
the total for November, notwithstanding there were
two holidays in the month, reaches $6,473,784,355,
which is not only the largest total for any month in
1898 but the largest ever recorded, and contrasts
with $4,972,366,528 in April last. Moreover the N o­
vember total ($6,473,734,355) and the average monthly
total for the 11 months ending with November 1898
($5,592,977,781) are both larger than any correspond­
ing totals in our records. O f course cqmparisons
with previous years are to some extent in­
exact, because cities are added to our list
whenever new Clearing Houses are organized. In
this way it happens that to-day’s figures cover 81
cities, whereas the 1891 figures covered only 61 cities.
I t is to be said, however, that the clearings of new
places added tire as a rale quite small, and the amount
reported by each represents but a trifling percentage
of the aggregate of all. Moreover, since 1892 there
have been only 9 cities added and only 3 since 1893.
On the other hand, and more than offsetting the
exchanges of these new cities, is the work since 1892
of the New York Stock Exchange Clearing House in
reducing the business theretofore done by the New
Y ork Clearing House Association. Indeed were we able
to estimate and make allowance for the loss to bank
clearings resulting through this organization for clear­
ing stocks, our comparisons with the more recent
years, during which our list of cities has been almost
stationary, would bo far more striking even than they
appear above.
Railroads likewise are just now affording evidenoe
not only by their large earnings of business activity,
but in one direction at least of the forceful position
they hold as reproductive agents.
They always
through their earnings directly represent industrial
revival. That aspect iu their affairs, as every one
well
knows,
is at
the
moment
peculiarly
striking and is doing more than all things
else to stimulate activity in the security markets.
But it was their bearing upon future development in
other departments of trade that wo had in mind to
refer to. Our readers are familiar with the wonder­
ful expansion made in iron production this year; con­
sumption, too, has been equally surprising and has
kept well abreast with production. W ithin the month
just closed the railroads have begun to add to this con­
sumption by putting out large orders for steel rails.
These orders were for needed current repairs and

D ecem beb

3, 1898.J

THB

C H R O N IC L E .

1131

other work on old lines. They do not, though, cover to that time the railroads had been very conciliatory
the sort of work that promises to furnish during in their attitude and had adopted the various rate
the ensuing year the chief requirement for rails; schedules of the Commission promulgated from time
plans are in hand and contracts are being entered to time since 1894, even though the schedules
into which make it evident that considerable new involved important losses in revenues. But when on
track is to be laid, that railroad building will top of all the previous reductions the Commission
be undertaken in 1899 to a much larger extent than ordered a still further reduction,, the roads thought it
in any recent year. This is likely to be an im time to resist and see whether application to the Court
portant movement in industrial affairs the coming would not secure for them that justice which was de­
twelve months. I t not only gives promise of a fur­ nied to them at the hands of the State Board. They
ther development of our already phenomenal iron had no difficulty in convincing the Court that the
production, but, as the spring opens, of new employ­ proposed cotton tariff was unjust. A t the same time
ment for labor in building road and laying rails and they were desirous of having the Court pass on the
of new activity in all allied departments of trade. previous rate orders of the Commission, issued
Railroads are but one department— a conspicuous one since the decision of the U nited States Su­
to be sure—but only one of the many which might be preme Court in 1894, and accordingly they gave
cited as indicative of the new spirit of enterprise notice that on the 10th of November they would make
application for a general injunction. The date was
that is abroad and at work.
The announcement that the Union Pacific Railroad subsequently postponed to November 21, at the re­
Company is to absorb the Oregon Short Line by an quest of the Attorney-General of the State. Since
exchange of its common stock for the shares of the then the hearing has been going on before the Court,
Short Line, will serve to define clearly the relations and very elaborate arguments made both on behalf of
between those two properties. The act o f acquisition, the railroads and the Commission. These arguments
however, is not to be taken as a new development or have filled columns of the Texas papers daily. Finally,
as introducing a new factor in affairs. I t is only the on Thursday evening of this week, Judge McCormick
method of carrying out or perfecting the acquisition rendered his decision, and, according to a dispatch to
that constitutes a new feature. The fact that a large the “ Sun” of this city, it seems to be a sweeping victory
block of Short Line stock was held in the interest for the roads. He enjoins the Commission and all
of the Union Pacific has been well established for others from enforcing “ any” rate made by the
a long time. The aggregate amount of Short Line Commission since August 10 1894. The ruling it
stock is $27,460,100. Of this $8,460,000 was purchased will be seen is very broad, and its beneficial effects
last year by the Union Pacific Reorganization Com­ on the carriers can hardly be exaggerated. For the
mittee from the Morgan trust, and in March of first time in over four years they will be free from the
the present year it was stated that enough more of thraldom in which they have been held, and will be at
the stock had been acquired by the Committee to give liberty to develop their business according to the re­
practically a controlling interest.
The only open quirements of trade and the dictates of common sense. question since then has been as to the method of
The distinction between the character of the re
financiering the acquisition. I t will be admitted, we turns of railway earnings here in the East and those
think, that the method adopted of providing for the in the West and South, to which we have several times
purchase by an issue of stock rather than by an of late directed attention, is still noticeable in a
issue of bonds is wise and conservative. Control marked degree. In illustration we may point to the
of the Short Line o f course carries with it the reports received this week for the month of October,
ownership of that company s holdings in the se­ which are highly favorable in the case of Southern and
curities of the Oregon Navigation Company. The Western roads, and indifferent or adverse in the case of
Short Line owns $16,281,400 of the $24,000,- Eastern roads. As types of the former we may refer to
000 common stock of the Navigation Company. the Milwaukee & St. Paul, with $498,609 increase in
This however does not necessarily give control of that gross alnd $306,677 increase in net; the Burlington &
property, since there is also $11,000,000 of Navigation Quincy with $276,956 increase in gross andj $198,516
preferred stock, which, under the voting trust, elects increase in net; the Atchison, withj$299,888 increase
two-thirds of the board of directors. A majority of in gross and $227,437 increase in net;|the Union
this preferred stock is held in the interest of the Pacific, with $267,268 increase in grossjand $307,892
Union Pacific, the Great Northern and the Northern increase in net; and the Louisville &2Nashville, with
Pacific, thus giving these three companies joint own­ $234,432 increase in gross and $192,9412increase in
ership of the Navigation. As far as the Oregon Short net. On the other hand, as we approach the Atlantic
Line is concerned, the matter of importance to con­ seaboard, the comparisons change materially. The
necting lines is whether with the Union Pacific in anthracite coal roads, for well-known]reasons, belong in
actual control the open gateway at Ogden will be con­ a class by themselves. Some of these record improve­
tinued, or whether the Union Pacific will lim it through ment on their railroad operations, butjall seem to have
traffic to itself, as was formerly the case. The general contracted their mining operationsjjvery'materially.
belief is that the open gateway will be maintained.
On the railroad and mining business combined, the
The Texas roads have been sucoessful in their fight Reading shows net of only $1,164,865 for November,
against the arbitrary action of the State Railroad 1898, against $1,367,670 for November 1897, and
Commission in seeking to compel them to move the Lehigh Valley net of only $903,661, against
freight at non-paying rates. I t will be remembered $1,050,291. The Central of New Jersey on its railroad
that on October 31 Judge McCormick in the United business shows a small increase in both gross and net
States Circuit Court at Dallas issued a temporary — $14,319 in the former and $32,297 in the latter.
restraining order enjoining the roads from putting The Erie, which is both a trunk line and an anthra­
into effect the latest cotton schedule of the Commis­ cite coal road, reports $153,145 decreas" in gross and
sion, which was but
*tle short of confiscatory. Up $42,970 decrease in net.

1132

THE

C H R O N IC L E .

[Von. LXVII,

|on the transaction, for the gold was imported as a regi ular business transaction, simply because the results
would be more satisfactory'than would be the pur­
chase of exchange at the market rates.
That gold impo ts were likely sooner or later has
been evident since the middle of November. But in
view of the fact that the effect of the engagement of
£200,000 gold on Wednesday for New Y o rk and of the
taking also from the Bank on Wednesday of £500,000
for Germany was to advance the open market discount
rate in London to 3J@ 3f per cent against 3^ per cent
on Monday, and in view also of the successive advances
in the price of gold which have resulted from the in­
quiry and movements of gold for Germany during the
week, a flow of gold to New Y ork remains an uncer­
tain problem. Of the $249,307 arrivals of gold at the
Custom House this week, $139,925 consisted of foreign
gold coin by the Bremen steamer, consigned to the
L&X&* IhfcJFT uk
1806.
1384.
4898.
1
liOTume.
B n t n a it a ,
National City Bank. I t is reported that $1,000,000
»
9
9
*
I
i
in gold coin was shipped to Havana by the Orizaba,
Qfv***
..
76 0.203,278 5,880,098 5,480,275
4.00 *.278 3.042,932 3.636,7i 0 which left this port on Wednesday.
!JM4«400 t.t 76.SK0 2,067.600 2,261,000 2,107.166 1.843.526
Money on call, representing bankers’ balances, has
in o it s i.
loaned at 2 per cent and at 2£ per cent during the
£84 51.667 818 63.109.M8 48.031 689 65,784.226
afensi&ig*.__ t-i,040,434 52,7>5.J
g7tOG&,$?7 S\S78,477 56,88*,fc» 37,135,835 88.201,804 39,817 036 week, with the bulk of the business at 2£ per cent,
OpmnA’g
S &i tm ralim ,.. ifu?7tjio7 ib .o
l4.70P.ftl A 15,974,1X3 I4.W3.88S 15.flfC.lU and the average slightly above 2\ per cent.
Banks
One important feature of the week has been the and trust companies quoted 24 per cent as the mini­
resumption of engagements of gold in London fo r mum early iu the week, but on Wednesday and there­
shipment hither. Such engagements were interrupted after the larger banks and the principal trust com­
the latter part Of October by reason of the financial panies reduced the minimum to 2£ per cent. Brokers
tension at Berlin, and since then the movement report a liberal supply of money offei ing on time, and
hither from Europe has been comparatively unim- much of it comes from Eastern cities, while some is
i rant. The renewal of the engagements has been from Chicago and nearer-by Western points. The de­
caused by the fall in exchange under the pressure of mand is said to b ■quite moderate, and rates are 3 per
per cent
offerings, of commercial bills against cotton and cent for sixty days to four months and
breadstuff*. the fall being accelerated early this week for five to seven months, on good Stock Exchange col­
by offerings of drafts against purchases on Monday lateral. The volume of commercial paper offering is
of securities for European account, which buying was comparatively small, while the demand is excellent,
stimulated by the acceptance by Spain of the Peace not only from the city but from out of town. Boston
ultimatum. A t the same time there was a supply of and other Eastern buyers are in the market for paper
able transfers drawn by Speyer & Co. against and the Western inquiry is good. Rates are 3£@34
Southern Pacific securities. This combined pressure per cent for sixty to ninety-day endorsed bills receiv­
of bills, with a concurrent absence of demand, forced able, 3£@4 per cent for prime four to six months’
exchange rate? to the gold-importing point, and hence single names, with some sales of exceptionally choice
the engagement on Wednesday by Morton, Bliss & four months’ at 3 per cent, and 4@5 per cent for good
Co. of £200,000, which was withdrawn from the Bank four to six months’ single-name paper. The'transfers
of England on that day for shipment by the Majestic. of currency through the Sub-Treasury have been
Thursday it was announced that this withdrawal light, and the hank interior, movement has been gen­
failed to reach that steamer in time for shipment erally toward this oity. Bankers still seem to be of
and that it will leave to-day on the Umbria. There the opinion that there should he at least a moderate
was an inquiry on Saturday last by the Bank of British degree of activity in money in the near future, as the
Vorth America regarding terms on which £100,000 gold result of the comparatively low bank reserves, but
could be procured in Londou, hut gold bars were brokers feel convinced that money will be fairly easy
ti - !i held at 77«. lid . per ounce while American gold until toward the end of the year. I t is announced
'•oin was correspondingly high, and at the current that the Sixth National Bank has been sold, by the
rate of sight exchange the importation was found to Gallatin Bank interests, which control the Sixth N a ­
U- unprofitable. A further fall in sight exchange tional, to interests controlling the First National and
' ' to I'XlOQ on Monday was in good part counter- the Astor National banks.
sr’
gold imports were concerned, by a rise
The feature of the week in European political
:is tii'- price of gold bars in London to 77s 11Ad. and circles lias been the acceptance by Spain of the final
. 1 further advance in coin, and it was then report- terms of peace imposed by the United States. The
< 1 tfust this price was being bid by German bankers Commission is now'engaged in perfecting the Treaty
•
-■! : for Berlin, and therefore the metal could of Peace and it will probably be speedily signed. The
not be taken for New York at a profit. On Wodnes- Bank of England minimum rate of discount remains
1 < ;.:n right sterling fell one quarter cent, unchanged at 4 per cent. Th e cable reports dis­
in London idvaneed to 78a. id. counts of sixty to ninety day bank bills in London
• American com to ,•»>.*. upl, per ounce, thus appar- ;U @ 3- per cent. The open market rate at Paris is 3
i v- e g gold beyond the reach of Xew York im- per cent and at Berlin and Frankfort it is 5^@5£ per
• ?-. But th<'announcement of the engagement cent. According to our special cable from London,
bv Morton. Bliss & Co. showed that there was a nrofit the Bank of England lost £787,380 bullion during the
The Pennsylvania Railroad— certainly a represen.
lath e road in thia part o f the country— also reflects
whI v lacderateH' favorable conditions.
There is im­
provement over a year a,'o, but it is small; on the
lines as * of Pittsburg .v Erie #5,000 increase in gross
and fus.TOO iaorta-c in not, and ou the lines west of
Pittsburg A Erie #1.300 increase in gross and $121,■KK) increase in net. These results, however, must be
regarded as highly satisfactory, all things considered.
We know that the rate situation was very bad, and we
imagine also that the road had a smaller grain tonnage.
A t the same time, the present increase follows very
notable gains a year ago, when on the combined
Eastern and Western lines there was an improvement
of #'.".'1,000 in gross and of #453,100 in the net. The
following furnishes a comparison for the Eastern lines
for a series of years.

D ecem ber

3. 1898.)

THE

C H R O N IC L E .

•week and held £32,189,673 at the elose of the week.
Our correspondent further advises ns that the loss
was due to the export of £909,000 (o f which £599,000
were to Germany, £250,000 to the United States,
£50,000 to Montevideo and £10,000 to Santos), to
receipt of £16,000 net from the interior of Great
Britain and to the import of £106,000, of which
£98,000 were from the Cape and £8,000 from
France.
The range for nominal rates for exchange was from
4 82£ to 4 83 for sixty day and from 4 85^ to 4 86-J
for sight on Monday.
On the following day the
range was from 4 82 to 4 82£ for the former and from
4 85 to 4 86 for the latter, Brown Brothers quoting
the lower rates ; but in the afternoon these bankers
advanced the sight rate half a cent, and the range
thereafter was from 4 82 to 4 82^ for sixty day and
from 4 85| to 4 86 for sight. Rates fo r actual busi­
ness opened on Monday at a reduction compared with
those at the close on Friday of last week of one
quarter of
a cent
for long and short,
to
4 81£@4 81J for the former and 4 84£@4 84f
for the latter, while cable transfers were reduced
half a cent, to 4 85@4 851, and the market was
weak, due to the influences above noted. On the
following day the market was easy, and while
rates for aotual business in long sterling were
unchanged, those for short sterling and cable
transfers were reduced one quarter of a cent, to
4 84£@4 84£ for the former and to 4 84f@4 85 for the
latter. On Wednesday the market was steady and
the only change in rates for actual business was a re­
duction of one quarter of a cent in long sterling, to
4 81^@4 81£. On Thursday the tone was firm, with
only moderate transactions, and while rates for ac­
tual business in long sterling were unchanged thoso
for short sterling and cable transfers were advanced
one quarter of a cent, to 4 84£@4 84f for the former
and to 4 85@4 851 for the latter. It was reported
that there was a good inquiry for seventy day bills
for investment and that these were being exchanged
for drafts which would run to sight early in the
current month. There was a perceptible relaxation
in the pressure of cable transfers. The market was
barely steady on Friday. Rates for actual business in
long sterling were advanced one quarter of a cent,
while those for short sterling and cable transfers were
reduced one quarter of a cent. The following shows
the daily posted rates for exchange by some of the
eading drawers.
D A IL Y POSTED RATES FOR FOREION EXCHANGE.
W l
Mo n
FBI-,
T O I8
T h o u ..
FKt .
Nov. 2ft Nov. 28 NOV. 29 Nov. 80 Dec. 1. Dec. 2
) 00 days
Brown Bros....... ( Bight...
J0 0 days
Baring,
Magoun & Co.. i Bight...
Bank British
) 0 0 days
No. America.. (S lg lU ..
4do days
Bank of
M ontreal....... <Sight...
Canadian Bank i 8o days
Of Commerce.. ISlKht...
Heldelbach, Ick- ) 80 days
elhelmer A Co. \ 8lghL..
Laxard Freres... i 80 days
i Bight..
Merchants' Bk. i 80 days
of Canada..
» Bight.

92*
88
83
8 8*
83
86
82*
86
83
8 8*
83
88
83
86
83
8OH

72*
86ss
83
86
82*
86
52*
86
8 «*
96
8 2*
8 6*
82*
8ft*
S3
*6*

82*-2
8S*-5
82*
95*
8 2*
66
8 2*
to
92*
86
82*
86*
82*
8ft*
<K*
86

82
S6 -H
~2*
96*
•2*
6
2*
5*
82*
v6
82*
96*
82*
86*
“2 *
96

62
9ft*
72 *
-6 *
82*
c6
62*
5*
t>2*
86
e2*
-5 *
&2*
6 6*
72*

2
5*
S2*
"5 *
82*
86
2*
“6 *
82*
-2 *
-6 *
82*
c6*
o f*
86

The market closed barely steady on Friday, with rates
for actual business 4 81^@4 81$ for long, 4 84£@4 84£
for short and 4 8tJ@4 85 for cable transfers. Commer­
cial on banks 4 80f@ 4 81 and documents for pay­
ment 4 801@4 81. Cotton for payment 4 80i@4 SQf,
cotton for acceptance,,’^ 80£@4 81 and grain for
payment 4 SI @4 81 1.

l i 33

The following statement gives the week’s movement
of money to and from the interior by the New York
banks.
Received by Shipped by
N . Y . Banks. N . Y . Banks.

Week E nd ing Dec. 2, 1898.

Total scold and legal tenders......

Net In t e r io r
Movement.

$7,023,000
831,000

$4,523,000 Galn.$2,500,000
487,000 Gain.
344,000

$7,854,000

#5,010,000 Galn.$2.844,000

With the Sub-Treasury operations the result is:
1 1to
Banks.

Week Ending Dec. 2, 1898.
Banks’interior movement, as above
Total gold and legal tenders.

Oli£ o f
Banks.

$7,854,000
20,100,000

Net Change in
Bank Holdings.

$5,010,000 Gain.$2,844,000
21,900,000 Loss. 1,800,000

. $27,054,000 $26,910,000 Gain.$l,044,000

Che following table indicates the amount of bullion
in the principal European banks.
Dec. 2. 1897.

Dec. 1, 1898.
Bank of

Gold.

£
32,189,673
England ....
73.259,936
France....
25.768.000
Germany...
98.288.000
Russia
Aust.-Htmg’y 35.592.000
Spain..........
11.002.000
It a ly ............ 14,890,000
4.315.000
Netherlands
Nat. Belgium. 2.932.000

Silver. |
£

Total.

£
1 32,183.073
48,063,800 121,928,090
13,370,000 39,028.000
3.680.000 101.808,000
12,467,000, *8,069,000
8.457.000 17,519,000
2.293.000 17,183,000
0,094.000 11.009,000
1.406.000 4,898,000

Gold.

Silver.

£
*
32,377.370 ...........
78.387.545 48,389,203
23,711.0u0 14,791,000
110,060,100 3,913,000
38,190,OOO( 12,391,000
9.233.000 11,060.000
15,850,000 2,263.000
2.029.000 8,736,000
2,741,333 1,370,007

lo ta l.
£
32,877,370
128,770,7*8
43,502,00#
119,973,000
50.587.000
20.283.000
18.113.000
9.305.000
4.112.000

ToLthls week 299.2H0.5OP 91,895,860 893.182,309 824.185,248 100903870 *25,080.118
Tot.prev. w'k 299,550,210 94,804,809 394,355,019 324.232.3c3 100905910 *25,198,2*8

R A I L R O A D P O O L I N G I N ITS R E L A T I O N
TO R A I L W A Y RATES.
The series of papers on railway transportation ques­
tions by H. T. Newcomb, which have been appearing
in the “ Railway W orld” of Philadelphia, have been
reprinted in book form .* They are well worth re­
printing. The author is Chief of theSectionof Freight
Rates in the Division of Statistics of the United States
Department of Agriculture, and in that capacity ren­
dered important services recently in compiling very
extended and comprehensive tables showing the great
reductions that have been effected during the last two
or three decades in the transportation charges of U n i.
ted vState3 railroads. By these tables he clearly
demonstrated that important though the decline in
the price of farm products has been during this period,
the decline in railway charges has been very much
more rapid. There was of course nothing new in that
fact. But the work was very thoroughly done, and
there was great advantage in having authentic in­
formation of this kind come through a department of
the Government devoted to the interests of the agri­
cultural classes, thus disseminating useful knowledge
among those most in need of it.
This reference to the author’s compilations regard­
ing railroad rates is pertinent as showing his complete
familiarity with one of the most important elements
in the railway problem, which is so urgently pressing
for solution. The book now before us attempts a
scientific analysis of railway transportation in its rela­
tion to industrial development in the United States.
While only a small work, its merit is such as to ensur#
for it a conspicuous place with the standard literature
on railroad subjects. N o student of railroad questions
certainly can afford to ignore it, fpr it is an intelligent
and rational discussion, in unconventional form, of
the subjects treated. The title— “ Railway Economics”
— conveys no definite idea as to its contents; in­
deed it is not easy to indicate in a few words what
its scope is with any degree of precision. In the
^ R a i l w a y E c o n o m i c s .— B y H . T . N e w o o m '), L L

M., P h ila d e lp h ia :

“ Railway W o rld ” Putillshtng Co , 1898. Price, 81 00.

U34

th e

c h r o n ic l e

Uiigw*ge o f the preface, the work is "intended to
present the principal facts which establish the position
of rail wav transportation in the present organization
of mdnstry in the United States, with only so much
of comment and discussion as seemed absolutely neees•orv in order to define the relations among those
tact*.’
considerable part o f the book is devoted to a dis­
cussion of the subject of rates and the causes and
agencies that have contributed to their decline.
The author takes the position that the independ­
ent competition of the separate roads has been
a
less important factor in this decline than
is generally supposed, and that the public has
nothing to gain, but rather the reverse, from the
nna-.ee of such competition.
Hence, that the
.Inti-r-State Bommeree law and the efforts to pre­
vent pooling and other arrangements for the regalation of rate* rest on a fallacy and misconception.
He says that a thorough and impartial exam­
ination of the circumstances attending the decline
in the average charges for railway service will show
that the efficient cause of rate reductions has been
the competition of rival commercial centres, markets
and producing regions, and that the "p se u d o ” competiton, as he call.- it. among railway routes connect­
ing the same localities, though producing reductions
more or less permanent in through or competitive
charges, has actually prevented a progressive decline
in the average rate representing both local and through
traffic. The distinction between these forms of com­
petition, he well gays, is very important, particularly in
view of the fact that the popular belief that the com­
petition of the second form has a substantial regulat­
ive effect on railway charges has been the prolific
parent of much unwise and positively detrimental
restrictive legislation.
In dis' urging-this phase of the question, he observes
•t the outset that however efficient competition in
either form may Stave been in securing to the public
the benefits of cheaper transportation, it would have
been impotent to produce permanent reductions of
the magnitude of those which have actually occurred
had not circumstances permitted the corporations en­
gage,) in railway transportation to furnish their servic- « at lower cost to themselves. In the first place
the increase in the volume and density of the traffic
haa ni'cercoirily made it possible to move traffic at a
lower co«t per unit of service. There arc many items
of <t p e n t h a t by no means vary in the same ratio as
traffic. The obvious consequence is that each incre
men’ of traffic permits the distribution of expenses
among an increased number of tons and of ton-miles,
and thu* reduces the average amount of cost assign­
able to each. The efficiency of railway service has
steadily increased during the last two or three decades
through physical improvements of great importance.
Ti.» substitution of steel rails for iron rails, made
possible through the great reduction in the price of
•terl, has been on-’ of these improvements. Heavier
kw<?motive?, bigger cars and faster and larger trains
art secondary consequence* of the reduced cost of
st'ifd r.-.iln, and thc?<i increase the efficiency of the
train m a machine for moving commodities. The ad­
ministrative economies established are too numerous
to mention, but have all tended in the same direc­
tion, A t the same lime there has been no de­
crease in the wages paid railroad labor, but instead an
increase

A

much

,

[V ol. L X V II.

Not. only has the public received all the benefits
resulting from the cheapening of the cost of the ser­
vice, but it has also received the benefit of the lower­
ing of the rate of interest on the bonded indebtedness
of the railroads. The author makes only incidental
allusion to this saving from the decline in the rate of
interest, but in our estimation it has really been one
of the most important elements perm itting a permanent reduction in the charges for railway transporta­
tion. Twenty to twenty-five years ago 7 and 8 per
cent bond issues were still common on the best of
roads; now we have come dowu to 4 per cent, and
even to 34 per cent in a good many instances.
As already stated, it is the author’s contention that
competition among markets and producers furnishes
the true explanation of the great decline in trans­
portation rates which has occurred. Every producer
who desires to extend his business or increase his in­
come perceives that in order to secure a wider market
or to obtain greater profits in those already reached, it
is only necessary to obtain lower rates on his ship­
ments. But any concession of this kind made to one
shipper invariably inspires demands for similar reduc­
tions not only on the part of competitors in the same
locality but on the part of others in distant regions
whose products meet with those of the locality affected
by the initial reduction in a common market.
Whether salt from Kansas or from Michigan
shall be consumed in certain sections of Iowa and
other Western States is. determined by the relation
between the rates imposed for transportation to the
consuming region from the salt-producing sections of
the former States. Boots and shoes manufactured in
Chicago or St. Louis meet with those from the Atlan­
tic seaboard on equal terms in every community to
which the respective charges for transportation plus
cost of production in each related locality produce
equal sums, and not infrequently the manufacturer
finds the former element more readily controllable
than the latter. To illustrate his remark, the author
points to the commercial rivalry of New Y ork , Boston,
Philadelphia and Baltimore, each seeking to add to
the volume of its export trade. I t is his opinion that
this has been much more effective in inducing the
present low rates for moving grain to these ports than
the more or less continuous competition among the
railways serving them.
lleference is also made to the great waste attending
competition between individual carriers— the large
commissions paid to secure traffic, the expense in­
curred in maintaining joint agencies, the competition
of long, circuitous and commercially illegitimate
routes, the running of unnecessary trains, and the
duplication of service in various other ways. As one
instance of this latter, it is noted that forty-four
trains leave Chicago for New Y ork every day. By
reason of these unnecessary and useless expenditures
rates must obviously be higher than they otherwise
would be. Accordingly, every one will agree with
the statement that "w henever it becomes possible,
by means of the adoption of wiser principles, as
the basis of regulative legislation, to eliminate
from the cost of railway operation these economi­
cally useless and wasteful expenditures, now re­
luctantly incurred in consequence of vicious laws
which are intended to perpetuate competition among
railway carriers, the saving thus effected will ac­
crue to the benefit of the general public through furf her reductions in rateawhioh will thus be permitted to

D ece m b eb 3, 1898. |

THE

C H R O N IC L E .

1135

result from the action and inter-action of commercial their own position to be that of negotiators yielding
forces.” A further fact -which cannot be ignored is only to superior power to avoid further loss of blood
that far the greater number of railway stations are de­ and treasure.
There is a strong element of the pathetic in this
pendent upon single railway lines, and that the larger
portion of railway traffic has no alternative route surrender— a surrender which virtually marks the end
available. “ To these stations and this traffic the rela­ of a colonial career unparalleled in history for the
tion of the railway corporation is that of a monopoly, dramatic circumstances of its rise and fall. I t is not
and from them the latter can and will, within certain unnatural that many Americans should wish that the
limits and with certain qualifications, recoup all losses element of liberality on our own side might have been
that may be sustained at the comparatively few points emphasized, even if strained a little, in this final
and in carrying the relatively inconsiderable traffic chapter of the negotiations. But it ought not to be
forgotten that the U nited States had to take all or
with regard to which there is actual competition.”
I t is also shown that it is impracticable to prevent none of the Philippines; that it would have been quite
unjust discriminations in charges for railway service by within the bounds of precedent, and within the
any method that does not effectually lim it competition, terms of the protocol, if the islands had been de­
and that no such limitation is possible while rates for manded without compensation; and that, nevertheless,
similar services are independently made by the officers the sum of §20,000,000 had been offered in return for
of separate corporations. Competition may of course actual Spanish outlay on the islands. Since the Ph ilip­
be checked by general consolidation, and it must be pines have been a continual drain upon the Spanish
admitted that considering the salutary results already exchequer, Spain’ s material position is certainly
secured through the process of unification, the desira­ better than it was before. The case contrasts most
bility of its continuance seems proven. But the strikingly, as we have hitherto pointed out, with the
author well says that to admit that unifica­ forced cession of Alsace-Lorraine by France to Ger­
tion of the railway system may be desirable is very dif- many, the Rhine provinces having been highly pro­
erent from agreeing that a natural process apparently ductive in taxes and service both to the army and
leading to that result should be artificially stimulated. the State. For these possessions the Germans paid
Indeed, one may go further, he argues, and declare nothing. The Spanish memorandum declaring that
that consolidation, if unduly stimulated, may develop its negotiators have yielded only to superior force
dangers of a serious character. It is unduly stimu­ states a situation which necessarily exists with every
lated when, by restricting or withdrawing the privilege defeated combatant. Spain has indeed had to give
of entering into contracts among themselves, it is up more than it thought it would be compelled to
made the only means of harmonizing the interests of surrender. But without the American war it is quite
railway corporations.
The conclusion therefore is, possible that Spain would have lost the islands irrev­
that so long as the provision forbidding pooling re­ ocably as a result of insurrection. As a diplomatic
mains in the Federal statutes, unjust discrimination fact, the United States might have retained the
will continue, and the process of railway consolidation islands and exacted from Spain a money payment of
many millions in addition. The concluded negotia­
will be unnaturally, perhaps harmfully, stimulated.
There are chapters in the book showing how “ so­ tions, while ihey perhaps leave the Spanish Govern­
cially unprofitable” transportation may occur, and ment worse off than it had hoped, certainly end more
dealing with various aspects and branches of railway advantageously to Spain than they might have ended
affairs, such as capitalization, taxation, construction, at the hands of another Power.
We have suggested these reflections in view of the
income, etc. The chapter justifying a greater charge
for a short haul than for a long haul, where the con­ tone of some foreign comment on the terms of peace.
ditions warrant such a discrimination, treats the The criticism of our Government’s policy by the con­
matter from a somewhat different standpoint than tinental press has not to be sure been uniformly
that ordinarily adopted. With reference to taxation, unfavorable, but it has rather generally intimated
figures are adduced to prove that the burden on the that the United States has been unreasonably severe.
roads has been an increasing one. I t is shown, too, The animus of such criticism, however, whether in­
that the effect of the imposition of excessive taxes stinctive or deliberate, is invariably shown to rest in
may easily be detrimental to the communities adopt­ the resentment of the writers at the intrusion of a new
ing such a course. For so far as these taxes tend to Power into their own selected field. Coupled- with
increase the cost of transportation, the result must be this, not unnaturally, is a feeling of dislike at the rise
to lim it the area within which commodities can profit­ of a new and strong colonial ally of England. W e
ably be marketed. As a consequence, any community suspect that very much more severe exactions, made
which taxes the transportation agencies by which it is merely in regard to West Indian possessions, might
served more heavily and vigorously than those which have been made without calling forth similar objec­
serve competing regions are taxed, naturally places tions.
Nor do we think that circumstances wholly warrant
itself at a disadvantage in common markets.
the further criticism from some European sources on
our diplomatic policy in general. - Recent Paris des­
A M E R IC A N DIPLOMACY.
patches, for instance, quote an officer of the French
The consent of the Spanish Commissioners to the Foreign Ministry as contending that the “ lack of dip­
American demand for the Philippines, which was for- lomatic manners” among Americans will be a sure
xnally granted at Paris last Monday, was accompanied source of future trouble. There is ground for this
by a species of protest against the terms of peace. criticism, we fear, if we may suppose it to refer par­
The Commissioners for Spain affirmed their own un­ ticularly to some such recent unfortunate incidents
willingness to admit the legal propriety of the re­ as the correspondence between our country and Great
quired cession, declared the proffered indemnity of Britain over the Bering Sea dispute and over the
twenty million dollars to be inadequate, and stated Venezuela matter. In these instances, however,

■ li

THE CHRONICLE,

[VOL, L X V II.

gains the largest concessions for his government, and
who averts most effectively the plans of hostile envoys.
But even with this test applied, it will readily be seen
that tactful conduct and the maintenance o f cordial
personal relations at a foreign capital are methods of
policy both fundamental and indispensable. The
Richelieus, the Talleyrands, the Metternichs and the
111i t * 1
Bismareks no doubt achieved their highest successes
because of their profound knowledge of human char
acter and political tendencies; but with these eminent
statesmen, equally witli the great body of successful
diplomats in the less exalted ranks of the service, the
qualities of tact, common sense and courtesy were
Hut ihc question o f our diplomatic capacity is so necessary preliminaries.
What our ambassadors achieved in this regard last
highly imp >rtant in its bearing on onr new responsisummer,
under somewhat trying circumstances, has
'but we think it worth while to review our
record ->
what more extensively, in order to ascer­ been achieved in our Foreign Office on many previous
tain whether any real ground exists, even potentially, occasions. It has been a fam iliar comment that our
cirh d>>tibts. Not much can be inferred from the ministers to Great Britain have been successful, not
Commission itself. That body has performed because of any particular diplomatic skill, but because
its dntit‘- with sufficient dignity and courtesy, and of the high position won by them in England from a
with a gut d ileal of foresight in the matter of prescrib- personal and social point of view. They have been
v as to avoid later dispute, the limits of men, as a rule, of notable literary qualities; very suc­
the Am r ; an demands. But the task of negotiators cessful as after-dinner speakers; much sought after at
who die ■■ terms under precise instructions from a social and public gatherings. Gratified as our people
ministration, and who impose them on a com- have been by these achievements of o ir envoys, we
pletely h-feated government, is on the whole the have nevertheless been rather prone to argue that
eiisiest i i all diplomacy. The true test of diplomatic very different qualities would be needed for the real
capacity md skill usually arises in cases where the diplomat, and to P rget that in reality our Lowells,
egotiators’ moves are not conducted before the pub- Phelpses and Bayards were actually exhibiting the
pye, and such a test was certainly provided by the most important qualities expected, for instance, even
.1,or- uf onr ambassadors at foreign capitals during from a British envoy at St. Petersburg or Paris. To
win the confidence, respect and good-will of the
»c early stages of the war.
The i -k i f thiwe envoys at all the capitals of people to whom he i t accredited is, as we have shown
uropo .'as infinitely more delicate and serious than already, the prime essential of a successful ambassa­
1C V'
. American negotiations of 1897 and 1895. dor, without which all other qualities are likely to go
he i i' ( ion o f the continental States regarding the for nothing.
;.i
\merican war was not defined, but it was
The peculiar success of our foreign service in Great
learly suspected that in some, at least, of Britain— a service whose efficiency in averting fric­
preli
mmuniticR, the official disposition was un­ tion and paving the way for this year’s extremely im­
to the United States. It is true that the portant entente ought now to be universally recog­
stand of Great Britain in our favor, and nized— has been due unquestionably to the fact that our
a negative stand on the same ground ministers to London have been selected very rarely
■is, were factors of the greatest pos- because of political connections, but because of their
by
Bnt after allowi g for all known adaptability to the requirements of the office.
tiblo tin 1i>orwmce
such out fid e he■ip. we believe even Continental Whenever and wherever this criterion has been ap­
!
*1 ftcknt >w 1«k Ige
that the course of events plied, our foreign service has satisfactorily met the test
foreign cent]res was such as to enhance onr of circumstances. Readers of Mr. John Quincy Adams’s
»matl * reptita tion ., The cordial relations contin- published diary will understand what it meant to us
lintainec.1 by our
i
envoys at the great conti- in the troubled days of 1812 to have a Minister of
n<>t onily with their fellow-diplomats high personal qualities and great personal tact, first
o f the cities, which so largely at Si. Petersburg and then at London. Benjamin
were of inealcuable service in Franklin was far from being a trained diplomat in the
causes of fri tion. On at European sense, but his career in the Paris mission
trident which might have during our Revolutionary War is a most important
if the Amenci n people, or l chapter in the history of our Government. What
of both, was urned by a ! might have happened in 1862 if instead of Mr.
ct of friend-1 Charles Francis Adams we had placed in London
ing elements some such representative as has too often been
the
JCasions lorn d in our foreigu consulates, one does not
like to think. In brief, the double lesson taught
by our diplomatic past is that our people are
perfectly well able to provide the material for
efficient foreign ministers, but that the test of per­
oral fitness, not of political claims, must hereafter
precisely be the single ground of selection. The past gives
made in ample reason for confidence in efficient American
historical I diplomacy, but it shows also the possibility of bad
the one who 1judgment and failure, if diplomatic posts are ever
Shat Mi Sherman s blunt ace fisheries were matched by
retort, while the sharp declara­
nt d President Cleveland in the
» perhaps partially provoked by
ne of x>rd Salisbury's messages in the
W e h * v o if ten expressed our own further
uch 1 ck of formality in the exchange
ween England and the United
explain able chiefly by the fact that no
s u 'h
w s e regarded as a possibility, and
e no «u -h breach was expressly guarded

for

Pea ■

December 3, 1898. J

TH E

C H R O N IC L E .

to be awarded as the spoils of domestic politics. But
the history of our English mission, we think, is bright
with encouragement, not alone because of the success­
ful occupants of the office, but because of the invari­
able acquiescence of people and even politicians in the
proper principle of appointment.

V A LID ITY OF MUNICIPAL BONDS
PA Y A B L E I N GOLD.
The decision of the Texas courts affirming the right
of municipalities to issue bonds payable in a specific
kind of money, namely gold, possesses some features
of general interest. The decision was in the case of
the bonds of the city of Fort Worth, and we made
brief allusion to it in our State and City Department
on November 19. But the same question has been
raised in the case of the bonds of other Texas munic­
ipalities, and for about'a year past it has commanded
a good deal of attention in the Lone Star State. In
at least one instance not a little ill-feeling it seems
was aroused by the proposition to make a proposed
issue of a certain Texas municipality payable in gold.
The City Council of the municipality in question, in
pissing the ordinance authorizing the bonds, inserted
the gold-payment clause; the Mayor vetoed the ordin
ance because of that clause; the Council then passed
the ordinance over the veto, and thereupon the freesilver contingent in the town, according to the news­
paper reports, burnt the City Council in effigy.
The question as to the authority to provide for pay.
ment in gold arises out of the fact that there is no
provision either in the Texas Constitution or the
Texas statutes prescribing the kind of money in
which the bonded indebtedness of municipalities may
be discharged.
It wa3 this absence of express
authority that led those opposed to gold pay­
ment to deny the right to pay in that way,
while on the other hand those who took the
affirmative view argued that the laws being silent,
the matter was simply one of contract between
the municipality and the bondholders. Mr. Robert
R. Lockett, an attorney at Austin, and one of our
Texas correspondents, early took decided ground in
favor of the legality of the gold requirement, and in
a paper prepared last A pril advanced strong argu­
ments in support of this position.
In the Fort Worth case, where an authoritative and
final ruling has now been obtained, the question first
came up over a year ago. The city authorities of
Fort Worth had brought suit against J. K. Winston
to recover certain taxes alleged to be due the city for
the year 1895 and to foreclose the tax lien on certain
real estate belonging to said Winston. In his de­
fense, Winston set up the claim that the greater por­
tion of the tax which the city sought to collect had
been levied to raise money to provide for the interest
and sinking funds on the city’s bonds and that these
bonds were illegal and void. This contention as to the
illegality of the bonds he rested on a variety of grounds,
all of which have been declared untenable. We are
concerned on the present occasion only with his objec­
tions against the proviso in the obligations requir­
ing payment in “ gold coin of the United States of the
present standard of weight and fineness.” H e claimed
that there was no special authority to make city bonds
payable in a specific kind of money. Furthermore
that as the city, under the law, must in collecting
taxes accept any kind of money tendered by the tax­

1187

payer— be it currency, gold or silver— a bond with a
gold clause attached is a contract which would or
might make a municipal corporation, when judgment,
was rendered, a purchaser in the market for gold as st
commodity, and that this was beyond its powers. H u
argued that the validity of the contract is dependent
upon the capacity of the city to discharge that con­
tract; that as it can not compel the payment of taxes
in gold, and possesses no means of obtaining gold in
the ordinary course, the contract could no more be
discharged than if the city had agreed to pay in so
much wheat, since the law does not authorize munic­
ipal corporations to deal in a commodity.
On the other hand on behalf of the city it was con­
tended that as the Legialature has granted power
to borrow money, and issue interest-bearing bonds
therefor, the city authorities had the right to elect(unless there was a limitation in the city charter re­
stricting the power to make the bonds payable in all
kinds of legal tender) what kind of money the bonds
should be made payable in. This latter view pre­
vailed in the lower court, as it now has on appeal;
for on November 6 of last year Judge Edward Gray
of Dallas delivered his opinion upholding the validity
of the bonds. From that ruling an appeal was taken,,
and Governor Culberson constituted a Special Court
of Civil Appeals to decide the case. I t is this Court,
which a short time ago (Novem ber 12 1898) conclu­
sively settled the matter, and the “ Galveston D aily
News” has published the decision pretty nearly in
full.
The Appeals Court notes that there are two distinct
propositions of law involved. The first proposition,
was that the power given in the city’s charter “ to bor­
row money on the credit of the city and issue couponbonds therefor” does not authorize its Council to bor­
row “ gold coin of the United States of the present
standard of weight and fineness,” or to issue bonds
payable in that medium. The Court finds itself un­
able to accept that view. I t says there is some conflict
of authorities, but the weight of opinion is against
such a construction. Without attempting to argue
the point, the Court announces its conclusion as
follows; “ W e hold that the power to borrow
money on the credit of the city and to issue bonds,
given by the charter, is a general power, investing
the authorities of the city with the discretion o f de­
termining the means to be used in the accomplish­
ment of the end desired. And as, at the time, there
existed and was current in the United States different
kinds of money of equal legal-tender qualities, a dis­
crimination as to the particular kind of money to be
borrowed, or as to the particular medium of payment,
was necessarily incident to the execution of the power
granted.” A long line of authorities is cited in sup­
port of this conclusion.
N or can the Court see any merit in the second prop­
osition, that bonds payable in gold coin of the
United States of the present standard of weight andi
fineness are in legal effect ooligations for the delivery
of specific articles and hence are not money obliga­
tions, and as the city has only authority to enter into
the latter class of contracts, it had no power to
make the bondB. In support of this contention
Winston had referred to the decision of the United
States Supreme Court in the legal tender cases. But
the Texas Court says the U. S. Supreme Court did
not decide that in order to be a money obligation
a bond must be payable in money generally; The

TH E

1138

C H R O N IC L E .

[V ol. L x vn .

The line will be completed to Lake Bennett next
spring, some time before navigation opens on the
Yukon Hirer, hut in the meantime connection from
the end of the line will be maintained by sleighs to
facilitate the movement of the large amount of
freight which is expected to he forwarded to the Lake
ready for the resumption of river transportation. The
descent, of the river in boats, though requiring much
time, will be the necessary mode of transit until the
entire line can be put in operation.
Thirty-five miles of track as the result of seven or
eight months of steady work seems at first sight a
small record, but the conditions to be overcome were
extraordinary. Indeed the remaining 277 miles, or
eight-ninths of the entire road (as first projected to
F ort Selkirk), is comparatively easy of construction
and is expected to be completed in little more than
the same interval of time that was required to
build this short section of 35 miles. By the end of
another year it has been hoped to have tne line fin­
ished through to Fort Selkirk, together with a branch
to the promising gold fields around Lake A tlin . The
coast division, of which we have been speaking, has
involved engineering difficulties of the first magni­
tude. From a point three miles from Skaguay the
line is practically a niche cut in the rocky side of the
mountains as far as the summit of W hite Pass, and in
this short distance of 17 miles an altitude of 2,850
feet is attained. That this is accomplished without
fu iia t t j.
switchbacks, with no grades in excess of 206 feet (B-9
R A I L R O A D TO T H E K L O N D I K E . per cent) to the mile and no curves with a radius less
T H E F IR S
short railroads to be completed dnr- than 358 feet (16 per cent), speaks well for the engin­
An m g
nt year within the territory of the eers in charge. The “ Railway A g e ” of Chicago in
, one particularly is worthy of note. two articles recently published regarding the road
l*
u> line is on I\ Tl miles in length, extending from gives some striking photographs of the rocky barriers
iast of Alaska, to the international that have proved such serious obstacles to all attempt­
nguav, on tl
. i .. r y nc ir Whit e Pass.
While nominally the ing to reach the gold fields by this route and which
sr
_
v
of
t
ic
Pacific
&
Arctic
Railway & Navigation stood in the way of the proposed railroad. In one
,u r
real control is vested in the White Pass place a cliff 120 feet high, over fifty feet long and 15
< am pany
A V ikon IUi I wav Company. This latter is an Eug- to 20 feet wide had to be thrown by blast into the
ion whose line, as we shall see, is well hollow below to afford foothold for the rails, while a
liih
ifti-d towards its northern terminus at Fort Selkirk, short distance beyond three tunnels, one of them 500
in the Klondike distri
feet long, were necessary in order to pass an opposing
only ! 25 or ISO tutle* from the main city of Lawson, buttress. The road is three-foot gauge and, it is said,
a poinit which from Fo rt Selkirk is easily accessible by solidly built
Snow sheds are proposed that there
boat. Indeed, report.s just at hand indicate an in- may be no interruption to the traffic in winter.
n to extend the system to Dawson and beyond
Our readers will be interested to know that the 6
to Ihi» Alaskan boutidary; also to the Atlin gold per cent first mortgage debenture stock of the W hite
fklek.
Pass & Yukon Railway was offered at par in London
Not only, therefore, will our little Amerioan road iast August to the amount of £250,000. Th e pro­
be tb e first to reach the Alaskan gold fields in the ceeds of the issue will go to the contractors, who w ill
neigh berhood of Skng;uay, but it is to form the west- also get £250,000 of the £1,000,000 capital stock in
gfi| f.jgrain us of the larger enterprise, by which the payment for the construction and equipment of the
mate.? i.vl welfare not <
only of the Klondike, so-called, road over the White Pass to or near Lake Bennett.
bat &1l*o of the entire civilized world may quite likely The balance of the share capital will he issued to the
b i n no small degree affected.
contractors in consideration for the charter rights and
Thie White Pass & Y ukon H al way Company at pres- concessions over the entire line as projected and for sup­
ent has 16 miles of rc•iid in operation and expected to plying the company with working capital as provided
blTl! it* Ittfesn# rtiamitig over the difficult White Pass, in the contract. Additional debenture stock w ill no
2% niili!* ft on? Sk$g nay, by December 1, unless con- doubt be issued to meet the expense of building the
lim e ! lion was delayed by unexpectedly bad weather. remainder of the line, which, it was ( stimated, would
Con*, durable progressi has also been made with the not exceed $25,000 or $30,000 per mile.
Strong
line i
th e other si<le of the summit, and if the names are connected with the project, so that its fu l­
Wft&t jhif-r st not more avere than usual, it is hoped by
filment seems assured. The difficulty of building the
Jam, »n 1 to hat© t he road opened and trains run- first division of the road would not of itself be reason
nitig from Skagtmr ui distance of 35 miles to a place for editorial mention; nor would the sentimental idea
o&li&di Log Cabin, whi
attached to one more invasion by railroad trains of a
from Lake Bennett, the head of river navigation for section of the globe seemingly the special property of
mg this northerly route to the Klondike. Natu e— may we not say in this case, Nature’s own

n*tit«!tionnhly of the Legali
,
i* holding that that A ct did
A
ibligalions
of prior contracts in proZ& U
Sitiona! medium o f payment, the Court
nnred the role that u eontr.n t solvable in
•.illy could be legally satisfied in any moir-d iu money by law at the time paybe made. 44 We do not believe that
n to
ever intended to hold in any of
th fl
n cited by appellant that an oblifia lly p *' able in n particular kind of
eat and rcsognixed by law as a legal
e time the contract was made was not a
tendei
O b l i j ration, and was governed by the same
m onel
law in every respect, as a contract to deliver
t it 1f? $ i
pro{ ►Orly. Th e burdens of contracts payable
such as the ones in question, may be greater
payable in money generally, and some of the
! law governing their forced collection may
stno a* the rales governing the enforcement of
»s f o r the delivery o f specific property, but
nevertheless money demands as distinguished
acts fo rtlie delivery of specific property,
inti
rom c
ad art be lievo their execution is authorized under a
P nrar to execute bonds for money. Such
awfully solvable in legal-tender money
d. and it is the law in force at the date
th «
it ion of the contract that controls its
£ t l i © ©c

Dlcember 3, 1898.J

THE

“ strong b o x?” — merit discussion. I t is the com­
mercial importance of the undertaking that has inter
ested us. Many schemes have been suggested for
bringing the Klondike into close connection with the
outside world, but here is one that promises early
realization. Even were the opinion of our London
contemporary justified, which several months ago pro­
nounced the debenture stock of the enterprise “ as
great a gamble as the mines in the district which it is
intended to serve” — even were that statement justi­
fied, the undertaking would be noteworthy.
Our point is that the Klondike region has been and
still is a place most difficult of access; that neverthe­
less a remarkable amount of mineral wealth has thus
far been discovered there, and that the full value of
its ore deposits can never be ascertained or its mines
be thoroughly worked without the aid of railroad fa ­
cilities. The Director of the U nited States Mint
states tnat in the current calendar year to Novem­
ber first there was received at Seattle and San Fran­
cisco a little over $L0,000,000 of Yukon gold. He
adds: “ Present rates for the conveying either of
freight or passengers are practically prohibitive.
W ith the most primitive railroad facilities, even,
making it possible to transport provisions, lumber,
etc., from coast to interior, the ratio of increase in
the gold production, from $3,000,000 in 1897 to pos­
sibly $11,000,000 in 1898, might be expected for the
year succeeding its completion.” A t all events, for a
new district the addition the Klondike has made and
is likely to make to the world’s supply of the precious
metal is on a remarkable scale and in the interest of a
single basis for the currency of the world there is good
reason for gratification upon the promised develop­
ment of the country’s resources through adequate
railroad facilitities. In March last the lowest rate for
the transportation of freight from Skaguay to Lake
Bennett, about 43 miles by rail, was stated as $220
per ton, and even this was reported as much less than
the summer tariff. Obviously, the railroad which
can revolutionize such rates as this in a region like
t he Klondike is not without a future of importance.
C O T T O N C O N S U M P T IO N A N D O V E R L A N D
M O V E M E N T TO D E C E M B E R 1.
The marketing of cotton has made excellent prog­
ress during November, the amount brought into sight
having been even heavier than in the same period
of 1897, when the total was greater than ever before
recorded in a single month. According to our state­
ments, 2,353,009 bales came into sight through the
ports, interior towns and the rail movement overland
in the month this year, or 15,897 bales more than in
1897, when the aggregate was 2,337,112 bales; the total
reached 1,634,210 bales in 1896 and 1,321,097 bales in
1895. The aggregate for the three months of 1898 is
5,634,381 bales, against 5,278,566 bales for the like
period a year ago, 4,748,059 bales in 1896 and 3,585,613 bales in 1895. Northern spinners have taken
380,815 bales during the month, but their total takings
for the season to date exhibit a decrease of 130,327
bales compared with last year.
OVERLAND

M O V E M E N T TO

DECEM BER

1139

C H R O N IC L E .

1.

The gross shipments overland have been more during
the month than in the like period of the preceding
year, reaching 348,898 bales, against 327,943 bales
last year, 228,696 bales in 1896 and 235,300 bales in
1895. The season’s total is now 2,279 bales less

than in 1897 and 61,353 bales greater than fo r
1896. The net overland for November is less than
for the month of 1897, having been only 220,390
bales, against 244,205 bales, but there is an increase
of 60,131 bales compared with 1896, when the aggre­
gate was 160,259 bales. For the three months the
aggregate net is 405,318 bales, a decline from 1897
of 56,732 bales, but compared with two years ago the
gain is 7,512 bales. Presented in our usual form
the results for the past three seasons are as follows :
OVERLAND FROM SEPT. 1 TO

NOV.

30.

1898.

1897.

1896.

329.506
134,118
5,202
14,560
29.60T
30,073
40.247
4,697

231,399
123,727
7,596
9,148
64,462
57,763
32,501
4,582

594,810
'
110,370
8,593
1,183
4,540
2,140
183
1,097
325
1,329

531,178

A m o u n t 8h ip p e d —

Via 8t. Louie..........................................
Via Cairo_________________________ ______

307,813
127,223

Via Rock Island................................. ..
Via LoulsvUle ......................................
V a C in cin n ati.....................................
Vla other routes.....................................
Shipped to mills, not included a b o v e ...

25,888
40,917
32,765
53,151
4,744

Total eross ov e rla n d ........ .............

592,531

D id u c t t h ip m e n ts —

Overland to N ew York, Boston, & c ...
Between interior to w n s....................
Galveston, Inland and local m ills......
New Orleans, Inland and local m U ls..
Mobile, Inland and local m lUs............

163,442
7,594
1,060
3,950
4,522

Charleston, Inland and local m ills___
N. Carol’a ports, Inland and local mills.
Virginia ports, Inland and looal mills.

215
900
5,530

116,234
1,762
1,575
7,687
2,892
384
318
2,520

Total to be deduoted......................

187,213

132,760

133,372

Leaving total net overland*........

405,310

462,050

397,806

* Tills total Includes shipments to Canada by rail, which since
September l f 1898, amounted to 24,861 bales, in 1897, were 31,99 4
bales, and in 1890 vvere 31,975 bales.
R E C E IP T S *

EXPORTS A N D

S P IN N E R S ' T A K IN G S .

Receipts at the ports for November have been in
excess of any preceding month in our record, reach­
ing 1,861,619 bales, against 1,776,907 bales last year
and only 1,286,251 bales in 1896. The aggregate for
the three months is consequently 306,547 bales more
than for the same period in 1897 and 627,810 above
the total for two years ago.
The outward movement
of cotton has been extremely full in November this
year, the total foreign shipments having been 1,398,505 bales, against 1,278,562 bales a year ago and 1,056,661 bales in 1896 and for the season to date the
aggregate exports have been 2,820,074 bales, or 220,422 bales more than for the corresponding period of
1897. Contrasted with 1896 there is a gain of 470,334 bales. Port stocks have increased 287,964 bales
during November and are now 268,244 bales more
than on November 30 1897. Our usual table of re­
ceipts, exports and stocks is as follows :
Movement from Receipts Receipts EXPORTS SINCE 8EPT. 1, 1898 T O Stocks
since
1, 1898, fo since
N ov. 30.
Sept. 1 Sept. 1, Great
N ov. 30,1898.
Total.
France. C onti­
1898.
B r ita in ♦
nent.
1897.

8 evt.

Galveston........ 1,303,028 1,000.687
Texas City,Ac.
35,810
20 414
New Orleans. .. 941,117 1.008 05h
Mobile..............
143,005 145,850
F lo r id a ......... .
91 ,<88
41,- 71
644,278
65 y o ?
Savannah.......
Brunswick, Ac
137.553 105,933
Charleston.....
269,836 280,372
Port Royal ,&c
18,900
85,468
Vllmlmrton...
219,306 211,618
070
WashlnKt’n,&>
892

601,681
11,>-02
325.453
79,684
46,Oil
20,608
67,3*4
38,91P
18,138
83,220

184,576
70,803
2,949
11,610

190,718
5,39i
103,150
8,671
36,’ 9
273,502
60,000
04,50f
104,21
12,750

Newp'tNews.&f
New Y o rk .......
Boston............
Baltim ore.......
Phlladelohla, Ac
8an F ran ’sco.&c

14,134
45,212
96,040
7,218
15,068

7,^31
12,133
62 328
17,921
27,39h

9,310
98,127
100,482
38,844
9,? 50
2,107

7,832

85,934
770
24.492
12,35J

877,174
17,190
605,41-0
88.365
83,632
311,746
117,38*
133,4-4
18,13?187,436

304,023
380,095
40,014
175,482
16,784
08,923
26.747

80 199
8,381
P,8I0
19l,‘ 93 I 100,881
29,000
107,201
03,320
14,781
3,017
9,8 0
14,523

1,473,98'

283,806 1,002,220 2,820,074 1.311,387

Total 1897.....

3,9? 8.616 1,268,938

833,£55 1,007,169 2,699,662 1,043,093

T^tnl lH0fl.....

3,007,253 1.272,811

290,400

Total 1898___ 4,205,0^3

* Great Britain exports lnolude to tlie Channel.

781,020 2,349,740 1,193,990

TH E

H 40

„> the f.vL* d U flom l by the foregoing statewe d u ll find that the portion of the orop which
tuM reach oil a market through the Otttports and overUn i.
i the Southern consumption, since Septcn»!> r 1 this year and the two previous years, is as
io U u w a :

1898.
Bvnrtfir

1887.

]

1896

th e p a r f t o N o r. l...,b a lM . 4,21*5,063 3,988,516 3,867.253
t* o vwrliux d during •amotion* 405,318 462,050 39‘ ,806

Same
Sam e
T h re e M o n th s E n d i n g N o t . 8 0 ,1 8 9 8 . p e r V d in p e r i 'd in
1897
1896.

Cm m ...............
Lo u isian a ....... .
A l a b a m a ..........
G e o r g ia * ... . . . .
South C a ro lin a .

5,039.381 4.738,566 4.326,059

The amount of cotton marketed since September 1
In !gbs i< thus seen to be 300,815 bales greater
than , . 1
ami T13,32‘2 bales more than in 1896.
T o determine the portion which has gone into the
hir. ! ■ .,f Northern spinner.- during the same period
\i e hare prepared the following :

A v e ra g e A v e r a g t
W eigh t. W eig h t

W eig h t in

Num ber o f
B a lts .

Pounds.

1,338,944
941,017
143.005
882,248
278,796
327,323

710,735,958
496,762,974
75,077,625
447,613,813
140,161,901

537-54
527-90
525 O '

529-92

220.288
907,760

159,946,384
109,130,675
453,880,000

488-65
495-40
500-00

T o t a l...........

5*039,381

2,602,339,230

616-40

A v e ra g e
W eigh t.

499-03
492-00
491-15

523 08
509-95
5 "8 -0 0
485 77
488 91
480-29

505-17
500 00

491 45
498 -8 0

503 0>

503 08

508 18
51300

507-39
502 74

V irg in ia ............
Worth C a ro lin a .
T ennessee, <ko..

Total n w t lp U ............ ..............hale*. 41,700,381 4,4*0,580 4,065,0)9
# ociko-ra oaaautapiion nine© September 1 339,000 288,100, 261,000

Total r*oe»pta to Rov. 80, 1899, a* above................ bales.

[V ol. L.XVIL,

C H R O N IC L E

• tnoludlnp V lorida

I t will be noticed that the movement up to Dec. 1
shows an increase in the average weight as compared
with the same period of last year, the average, this
year being oifi-IO lbs. per bale, against 508-05 lbs. per
bale for the same time in 1897 aud 503-08 lbs.
in 1896.
D R Y GOODS T R A D E

IN

NOVEM BER.

5,039,381

Business in cotton goods during November has
M x t o s Band ootaueneemeal ot year (Sept. 1 1899,—
A t Northern porta— . . . . — ---------61,054
reached a considerable total, and at the close of the
114,962— 176,006
AS Boathwa p o ru ,...................
month there is a material improvement in the general
At Northern InMriortnarketa.............. .
10,266- 186,272
tone. A continued demand for heavy brown sheet­
u u e a i a i w p i r t o n o t . 3 0 . i s a s ............................................
5 ,2 2 5 ,6 5 3
ings aud drills has kept these well sold ahead, very
04 tb n .ap p ly th*r* H u been exported
firm, and occasionally $ advance realized. Leading
to toreiga porta «looe8ept. 1 ,1 8 9 8 .2 ,8 2 0,074
L e u foreign cotton Included .. .. b a l e * .
8 ,6 3 7 -2 ,8 1 1 ,4 3 7
makes of bleached cottons were reduced ^c. to lowest
a * a s to O a n a d a direct fro m W e * t . . . .................... .
24,861
prices on record about the middle of the month, but
W a n ! (forth and Booth. . . . „ . . . ..... ............... .
642
the demand since then has been so good that there
•tact ob hand end ot month (N o r . 3 0 ,1 8 9 8 )—
A t Northern p o r t a ............... ............. 143,559
has been a slight recovery in values. In print cloths
A t Boa there porta.............................. 1,1 62 ,7 78 - 1,311,337
business has been on an extensive scale and with
a s N o n h r r e In terior m a rk e t*.................... .
1 3,25 4-1 ,1 61 ,5 3 1
shortened production. Stocks have been brought
T otal baking* by .pinner* slnoc Sept- 1,1898...................... 1,064,122
down to a smaller figure than for some years past.
T a k e s by Southern sp in n e r* .....................................................
339,000
Prices have advanced l-16c. and still tend upwards.
Taka* by Northern .pitm en Mtioe September 1, 1898.......
725,122
In dress cottons, such as prints and ginghams, the
T V r .n b j Vu rtliem t p ln n e r. u n t tLme in 1897.....................
B55.14D
P a r n i f id taking* tiv Northern spinners this rear..bales.
130,327 spring demand has been liberal.
Retail trade is re­
The above indicates that Northern spinners had up ported good, and with a growing impression that raw
to Nov. 30 taken 725,122 bales, a decrease from the cotton is more likely to prove a strengthening factor
eorrcBponding period of 1897 of 130,327 bales, but a than otherwise in the future, the trade outlook is
gain aver the -atno tunc of 1890 of 8,510 bales.
regarded with a considerable degree of confidence.
IX

S IG H T .

1898.

S

tAl

|t« a bo v ft____ b a le*.

V *nor «lo rk *

I n e i c e s a n f H« J » * . 1 .

felllfM

1*1 B tf h l

1897.

1896

5.039,381
595,000

4,738,560
540,000

4,326,059
422,000

6.634,981

5,2 7«,5fl6

4.748,059

This indicates that the movement up to December 1
of the present year is .155,816 bales more than in 1897
and 886,322 bales more than in 1896.
V“ it wdl interest the reader to see what has come
ic " sight eat |j month of the season during this and
previous years, we have prepared the following, which
•hows the movement for the last four seasons.
M&nUhi,

1998.

$ * & *a n
........ .
0 «o fc ""f
'W a m a a b w .

2,3^3.009

M

t M
*r. &+

M

T *4 *i e re ?

h*
__

P 82.766

5,634,381

1897.

1606

1,069,800
1,871.654
2.337.112

1.222.287
1,8 0 .5 6 2
1,634,210

542,394
1.722.12*
1,321,097

5,2*7 s.r>ee
5,902,3»4

3,08 ,952

3.586,613
3,5 76 ,8 *0

11.180,960

8.714.0 1

7,162,473

I O U T OV

BALKS.

1895

NOVEMBER. |

A M O U N T OF <’1(01* N O W

In the foregoing we have the number of bales which
h a * already been murketc
year and the two
p r e v i u u , »'.;uo!o.
An additional fact, of interest is the
total of the crop which was in sight on Dtcember 1
compared with previous years, and which is shown
in the following:

1898.

1897.

O otV n P r i n t ­ Sheet­ L a n ­
low
in g
in g s , ca ster
m id ­ cloth s, sta n d ­ g in g ­
d lin g . 6 4 *6 4 a r d . ha m # .

1.. 4%
2
43s
2..
2
4%
2
3.. 4 7B
4:*a
4.. <4*8
2
4%
43q
5.. 4 7g
2
6..
7..
2
43$
8..
2
9.. 4 7a
4^8
LO.. <l78
2
43s
2
11.. 4 7a
4%
12.. A7B
2
4*8
13.. . . . . .. . . . . . ...8 .
2
14..
4:%
15.. 416,0 2
4%
16.. *'5 lk 2
4 *,
L7.. 4* to.
Ha
18.. 4 ‘ t o £!>*
4*a
2'16
19.. 415,.
4^
2 > ,«
20..
21.. 5
2 iie
ih
22.. 5
4^
z ;,a
23.. 5
4*3
24.. . . . . .. . . . . .. .. H ..
25.. 5
4^
2 ‘ ib
4ifl
26.. 5*16
2 * ,«
28..
£9..
30..

nr

531<I
5*s

2*ie
2*18

4<*
4
4*8

5
5
5
5
5

£W n
3 -yd,
sheet­
in g s .

O otV n P r i n t ­ Sheet. L a n ­ S ’th ’n
in g s , caster 3 -yd.
low
in g
m id ­ cloth s, tta n d ~ g in g ­ th ea ld lin g . 6 4*64 a r d . h am s i n g i .

3 7a
3 78
3%
3 ’«
3 7a

B®18

2%

5*>18
5a18

2*9
2 »ia
26,8
28,6

5®,8
3"7a
5
5
5
5

3 7e
3 ’s
3 *8
3 78
3 7a
3 7e

5
5
5

3*8
3 7a
3 7a

5
5

3 7«
3%

5
5
5

57ia
5 *»
57ia
&716

__ ,.

5
5
5
5
5
5

__,

571A
e7,e

3 78
3 7b
3 7g
3 78

3 78
3 78
3 7s

5%
5 7ia
5 7lrt
57ia
57iq
5%
53a
53a
53a
5 3s
53a
B;!a
1

25w
2La
20J-S

4%
.. H . .

5

4*4

434
434

5

4%

5
5

4*4
4*4

434

4%
43i
434
4%
4A
25,0
26lfl
44,
,..8 ...
44,
26,fl
44,
26,8
4S,
43,
25,n
23,8
4%
4
:h
2 *ia
..,8 ...
25,6
4%
26,„
4-3s
4*%
2 5„
.. H . .
4^8
26,8
4»8
...8 ...
46a
26,6
4
2*4

5

5
5
5
5
5
5

5
5

5
5
5
5

4*4
414

4 1*
4*4
4*4
4*4
4*4
4*4
4*4
4*4
4 j4
4-4
44

4 l4

5
5
5

4^8

5
5

4^8
4i0

5
5

4%
4 3s

The a b o v e prices a re — F o r cotton , lo w m id d lin g u p la n d s a t N e w
Y ork ; for p rin tin g cloths, m a n u fa c tu re rs’ n et prion s; fo r sh e e tin gs a n d
g in g h a m s,a g e n ts* p rices, w h ic h a re su b je ot to a a a v e ra g e d iso o u n t o f 5
per cent, e coept w hen oth erw ise s t a te d ; S ou th ern sh e e tin g s n e t.

DEBT STATEMENT NOVEMBER 30 1898.

to .urnish i tnor> evuct measure of the receipts up
The following statement of the public debt of the
^
1 11 •* 1 '"Pm onr usual table of the weight United States on November 30 1898 is made up from
of bale,. We give f,,r companion the figures for the official figures issued on that day.
Further on we
same time in the two previous Tear#.
give an interesting exhibit of the bonds issued in aid

D ecember

3, 1898.1

TH E

of the Pacific Railroads, and the Treasury cash hold
lng8, all of the same date.
IN T E R E S T -B E A R IN G D E B T N O V . 30, 1808.
,-------- -A m o u n t ou tstay ding.--------A m ou n t
Total,
Coupon.
Registered.
issued.
payable.
$
$
25,304,500
250,000,000 25,364,500
■
j
Q.-M
.
Continued at 2 p.c.
740.911,350 491,138,000 08,511,400 559,050,0f0
'..Q.— J.
39.250
40,012,750
n _p
100,000,000 60,477,450 33.522.550 100,000, $00
5s, Loan of 1904
_p
162,315.400 113,042,450 49.272,950 ’•62,316,400
4s, Loan o f 1925..
70,479.520 118,547,900 189,027,4*0
189.027,480
..Q .-F .
Total, excluding Pac.”
....
R
R Bonds.. .................. 1,482,266,930 766,502.520 209.834.880 1C36,396,03O
Bonds issued to Pacific Railroads not yet matured: Central Pacific,
$■*,335,000; Union Pacific, $^797,000; Western Pacific, $1,510,000
to ta l........ ......... ....................................................... ...............
1?,<572,000
N o t e -T h e denominations o f bonds are as follows Two per cents (registered
only). $50, $100. $500, $1,000, $5,000. $10,000. $20,000, $50,000; 4s of 1907, regis­
tered, $50, $100, $500, il.000, $5,000, $10,000, $20,000, $50 000, coupon $50. $100,
$500, $1,00"; 4s, refunding certificates, $10; 5s o f 1904, registered, $50. $100.
♦1,0<50, $10.0M, coupon. $50, $100, $1,000 ; 4s o f 1925 registered. $50, $100, $500.
$1,000, $5,000, $10,000. coupon. $50, $100, $500, $1,000.
d e b t o n w h ic h in t e r e s t h a s c e a s e d s in c e m a t u r i t y .
Oct. 81.
Nov. 30.
fu n d e d Loan o f 1891, matured Septembers, 1891.. $126,300 00
$121,300 00
Old debt matured prior and subsequent to Jau. 1,’01 1,120,570 20
1,120,330 20
lL tU o f Loa n —

Debt on which interest has ceased..................... $1,240,870 20 $1.241,$30 20
Bonds issued to Pacific railroads matured but not yet pre­
sented:
Union Pacific, $44,000; Central Pacific, $15,000;
Kansas Pacific, $ll,0')0; Sioux City A Pacific. $1,000 ; total ...
71,000 M
D E B T B E A R IN G NO IN T E R E S T .
United States notes........................................ ............................... $340,081,010
Old demand notes............................................................................ ^
58.997 50
National Bank notes—Redemption account................. .
- 28,598,029 60
Fractional currency..................................................
Less amount estimated as lost or destroyed............ 8,376,934 00
--------------------0,883,974 14
Aggregate o f debt bearing no interest...................................... $382,212,017 21
R E C A P IT U L A T IO N .
November 80.
October 31.
In c re a to r
1993.
1898.
Decrease.
Classification o f Debt
$
$
$
Interest-bearing debt........ 1,036,390.030 00
1,028,700,96000
Ino. 9,629,070 M
Debt. Interest ceased........
1.241.630 26
1.246.87020
Dec.
5.240 e«
Debt bearing no Interest... 382,212,017 24
383,191,36704
Dec. 979,350 40
Total cross deb.t..........1.119,850.27?
Oa«h balance In Treasury.. m s?e,790
Total net debt..............1,127.178.487

to 1.111,205,197 90 Ino »,fll5,l7# 60
35
3oO.288.275 SO Deo. 7.861,1*1 95
15 1,110.966.922 ro

Ino. 18.566,561

55

The foregoing figures show a gross debt on Nov. 30, 1898,
(interest-bearing and non interest-bearing) of $1,419,830,277 50
and a net debt (gross debt less net cash in the Treasury) of
$1,137,473,487 15.
bonds are never included
in the official total of the Government debt. To show their
present status we have made the follow ing compilation:
P a c if ic

R a il r o a d

D e b t . —These

BONDS IS S U E D TO P A C IF IC R A IL R O A D S —T H E I R S T A T U S DEC. 1. 186*
Railroad L ia b ility .
Name
o f Railway

Bonds
Issued
by Oov’t.

Net
In t. P a id
by Qov’t

Deduct
Sinking
Fund,
Ac.

Bonds—M a tu rity of.
Rearing
Set
L ia b ility . Past-Due, Due J an.
1. 1899.
Unpaid.

$
$
$
$
$
$
Central Pacific... 25,8*5.120 30,030,104 8.999.8C9 53.521,075 17,812 120 8,578.000
300.000 1,010,660
3,444.860
5.416,41"
W estern Pacific. 1.970,400
3.703.17* 1.000,000
Cent. Br., U. Pac. 1,000(000 2,103,17$
4,225,093 1,0*26,320
Sioux C ityA P ao. 1,028.320 2,596,774
Total............ 31,084,000 44.840,900 $8,999,609 flfl.925.35fl 20,9'K).440 10.180*000
T r e a s u r y C a s h a n d D e m a n d L i a b i l i t i e s .— The cash hold­
ings o f the Government as the items stood Nov. 30 we take
from the Treasury statement of that date. The net oast
balance given below is the same as deducted above in reaening the net debt.
CA SH IN T H E T R E A S U R Y .
G old—C o in ............................................................*188.141,617 27
B a r s ........................................................... 188.502.515 1 8 - * 278.944.092
s u re r—Dollars..................................................... 401.258 261 00
Subsidiary coin.................................................
6.873,201 58
Bars................................................................... 93,359,250 30 - 501,290,719
Paper—United States notes....... ........................ 34.94*,9'0 oo
Treasury notes o f 1890......................................
1,411,793 00
Gold certificates................................................
1,620,400 00
Silver certificates...............................................
6,346,.358 00
Certificates of deposit (A c t June 8, 1872)........
450,000 00
National bank notes..........................................
4.075,744 3 8 - 49,448,270
Other—Bonds. Interest and coupons paid, await­
ing reimbursement............................................
202.472 00
Minor coin and fractional currency....................
590.027 45
Deposits In nat’l bank depositaries—gen’l acct...
91,090.314 92
Disbursing officers’ balances...............................
3,550,187 14— 95,434,100
Aggregate.

cago 6‘5 per cent, Baltimore 31-3 per cent; N ew Orleans 1-6
per cent and St. Louis 0’8 per cent, Philadelphia records a
loss of 3'3 per cent,
Week Ending December 3.

CLEARINGS.
R eturns by Telegraph.

8»

1897.

1898.

P e r Cent.

N ew Y o r k ..............................
Boston....................................
Philadelphia...........................
Baltimore...............................
Chicago..................................
St. Lo uis..................... ...........
N e w O rleans.........................

$827,149,396
98,659,900
67,625,885
18,143,949
100,013,097
29,047,549
11,904,774

$835,871,730
89,990,421
89,180 408
14,966,353
99,571.824
29,408,629
11,721,077

+30*1
+9*6
-2 * 2
+21*2
+ 9 5
9-0*8
+ 1 -6

Seven cities, 5 days.........
Other cities, 5 days...............

$1,190,145,190
190,018,463

$950,710,442
170,018,940

+21*9
+11 8

Total all cities, 5 days—
411 cities, 1 d ay.....................

$1,349,103,053
298,988,807

$1,120,729,388
248,878,030

+20*4
+20*2

Total all cities for w e e k ..

$1,648,152,460

$1,309 407,418

+20 4

Another table, our usual monthly detailed statement o f
transactions on the various New York Exchanges, ha- also
been crowded off of the first page. The results for the eleven
months of the current year are, however, given below and
for purposes if comparison the figures for the corresponding
period of 1897 are also presented.
Eleven Months, 1898.
Description.

P a r Value
o r Q uantity

A ctu a l
Value.

Eleven Months, 1897.
A ve r’ae P a r Value
P rice. o r Quantity

97 410.198
3took 1 Vai”: $9.3*0.7»4775 |7125919972 70*3
RR. bonds.. $703,001*,780 $002,917,257 79*1
$22,307,500 $21,417,404 109*5
Gov’t bonds
$2,988,200
$1,424,81" 47*7
State bonds
$420,812 229*8
$163,100
dank stocks
$10129343885 $7766100,315

Total

70*0

A ctu a l
Value.

Averr'ge
Price.

09.808.480
$0706139160 |4411035492 00*2
$409,13*810 $300,010,9 9 76*9
$9+12.800 $11.84 ,598 120*8
$1,039,334 05*8
$1,590,900
$313,0 iO
$571 620 182*2
$7180994770 $4,816712803 07*0

The volume of transactions in share properties on the N e w
York Stock Exchange each month since January 1 in 1898 and
1897 is indicated in the follow ing :
THE SALES OF STOCKS AT NEW TORK STOCK EXCHANGE.
1898.
Month.

Jan
9.290,391
Feb..
8,650,824
March. 10,080,9-8

1897.

V a tu u .

Num ber
o f Sharet.

P a r.
*
912,554,075
878.528,400
984,492,750

A ctua l.

N um ber
of S tares

<
041.911.009 8,305,41V
050,208,221 2,803,401
788,778,505 6,039,910

Values.
P a r.

A c tu a l.

*
323,774,760
200,430,100
495,428,750

*
208,687,472
171,004,854
325,254.605

ls tq r 28,828,203 2.770,576,825 2,088,897,815 ll,208,72‘ 1,076,833,000
April...
May....
June...

5,979,445
9,191,884
9,178.054

600,527,150
871,430,450
873,680,160

413,292,230 3,509,007
839,711.883 3,342.036
035.4 46,535 8,430,920

706,440,031

335.710,850
324,135.860
017,015,100

229,070,827
*27.037,329
432,502,258

2d qr. 24,344,183 2,311,049,760 1,718,149,054' 13,347,968 1,277,407,300

888,010,414

fl mos.. 52,072.380 6,082,225,576 3,805,347.409 24,556,097 2,353,100,900 1,594,' 83,045
July.... 4.791,787 401,349,550
August 13,105,133 1,187,130,200
Sept.... 9,379,445 881,231,900

300.001,040 0,890,074 053,123,800
923.778,344 11,435,248 1,085,90 4.050
713,179,839 13,142,100 1.204,451,050

468.958,385
650,315,855
796,890,024

3d qr. 20,270.365 2,629,717,050 1,997,619,828 31,473,482 3.003,477,500 1.914,164,804
9 mos. 78.918,751 7.811,943,226 5,802.907,292 50,030,179 5,350,578,400 3,508.227,909
Oct —
7,403,383 607,799,650
N o v .... 11.004.004 1.001.052.00"

75

650,512,913 8,022,512
77 •'.409 707 \ 9 15.739

779,840,950
509,719.800

522,531,207
410,870,370

The course of bank clearings at leading cities of the country
for the month of November and since January 1 in each of
the last four years is shown in the subjoined statement.
BANK CLEARINGS AT LEAD ING CITIES.
■N ovem ber. ---------------, .-------- J a n . 1 to N o e . 30.-

39

(000.000*
o m itte d .)
S o w Y o r k ...

61

$920,117,183 03

D E M A N D L IA B IL IT IE S .
Gold oertifioatee................................................... »30,9fU.O49 00
§flver certificates...............................................
390.103,504 00
Certificates o f deposit act. June 8,1872................ 20,640.000 00
Treasury notes o f 1890......................................... 97,193,280 00—$553,897,833 00
Fund for redemp. o f uacurreat nat'l bank notes
9,349.«0fl 13
Outstanding checks and d rafts...........................
« 57»,757 47
Disbursing officers’ balances............................... 58.242,735 30
Agency accounts, A c ...................................... ..
5,976,080 37— 79,842,559 27
G old re s e rv e ............................... $100,000,000 00
Net cash balance.......... ............. 162.370.790 35 ........................ 292,370.790 35
Aggregate................................................................................ $920,117,182 62
Wet cash balance In the Treasury October 31, 1898..................... $300,238,275 30
^Net cash balance In the Treasury November 30,1898..................
292,370,790 35
Decrease during the month..................................................

1141

C H R O N IC LE .

$7,801,494 95

C learings by Telegrap h .—Sales oT Stocks, Bonds, Ac.—
T h e subjoined table, covering clearings for the current week,
usually appears on the first page of the C h ronicle , but on
aocount of the length of the other tables is crowded out
once a month. The figures are received by telegraph from
the leading cities. It w ill be observed that as compared with
the corresponding week o f 1897 there is an increase in the
aggregate of 20'4 percent. So far as the individual cities are
concerned, N ew York exhibits an increase of 30’ 1 percent, and
the gains at other points a r e ; Boston 9-6 per cent, Chi­

Boston.........
Ohloago____ _
Philadelphia
8t. L o u is ....
P it ts b u r g ...
Baltim ore...
San Fran’oo.
Cincinnati...
Kansas City.
N ew Orleans
Louisville...
Minneapolis.
C leveland...
D e tr o it ____
Provldenoe..
Milwaukee..
Jraaha........
Buffalo........
Columbus...
St. P a u l......
Hartford___
Denver........

1898. 1897. 1896. 1895. 1898. 1897.
$
9
9
*
9
9
3,973 3,122 2,687 2,593 37,314 29,839
424
425 1,868 4.628
538
148
490
357
458
408 4,944 4,098
322
286
257
324 3,282 2.897
124
139
98
108 1.315 1,234
55
884
67
745
78
68
72
842
719
84
60
58
75
62
66
741
74
680
54
55
590
507
53
48
494
57
51
43
47
537
46
45
54
356
45
382
292
SO
29
23
27
315
42
363
56
56
45
410
353
286
35
29
23
28
273
316
31
28
24
28
242
23
24
21
239
27
20
22
229
237
24
27
220
24
15
31
18
288
21
196
191
21
22
18
16
190
167
19
13
18
24
176
20
198
27
25
114
10
10
10
113
8
113
10
10
12
137
14

1896.

1895.

9

9

26,215 26.932
4,076 4,335
4,019 4,196
2,891 3,224
1,046 1,135
684
678
633
656
622
629
582
596
474
454
430
414
258
287
351
331
274
271
295
273
232
255
213
224
172
193
200
201
167
158
209
199
109
108
110
126

Total. . . . . . 6,174 5,106 4,373 4,483 58,612 48,922 44,190 45,898
Other cities..
246
256 2,831 2,410 2,424 2,309
300
280
Total a ll...
Outside N .Y.

6,474
2,501

5,386
2,264

4,619
1,932

4,739 61,523 51.36! 46,614 48,207
2,116 24,209i 21,523 20,399 21.275

TH E

C H R O N IC L E .

[VOL. LXYI1.

contains, and at once conclude that such a combination w ill
compel France and Russia not.only to keep the peace but to
KOSm U-T C L I it t K O * .
avoid all disturbing action o f every kind.
Mr. Chamoerlain’s references to the United States have
CUtMmj• (KUMSt S t to York.
tPiA i AIL,
been hailed especially with jo y by people in this country,
P .O l.
1807.
tW .
1006,
|
J*,<X
tt m .
W e all wish to live amicably' w ith other nations, but w e do
>
"
•
%
*
not care for an alliance with them. They' are too m ilitary and
1.910,1<X>.7.'U +2J*5
M P M 4 M 0 * Here
ASS.WfcJ.
StOMkWI.Tdt Lfl5t*,:;20.760 +24*2 their nays in politics are not our ways. A n yth in g like an
1.828.958.227 +21*9 alliance, theD. with any Continental Pow er would be dis­
4.l i t , COM11 *34 0
6.873*469,417
+22*5 tasteful.
But it is entirely different w ith the United States.
lt,WMWa.T4&
us
. 11
People here do not hope for an actual alliance. That would
ftS"4 fJStUWkM-fiS l,S53.7Si.»« + I S ,I> probably not suit either country.
But. a cordial, permanent
M TM SM JR -fsaro S,8S3,&SS.40i 1.900.789.844 '+17*6
IUNII m .- .- '
understanding with a willingness on the part of each to help
S,eO#,8S«.8(fl +10-4
U.74fl>A3,fll&
*4 ABAT..
the other when necessary is the one great wish of the British
t a jo * »4 ,o ii: i0>83.292.2flS +19*3
S i.U l.5 ii.W l
6 m a tth x
people. The hope that such an understanding can be brought
+ 4 “3 *.030.741,781 1.974.019,072 +3 8
4,01ft,TTfl.llGp
JitJtjr
.1,901.488,920 +f>-4 about has done much to calm the apprehensions that exist.
+!&*<*
5?,112,276,765 - m
—1*2
Still there is so much uncertainty that the public w ill not
&.988,683,747| +8*0 enter into any new risks. Everywhere bankers report that
fl.3CW.l-XL
4*0
+6J»
li.fU.T*ff,047
iAw
iG&.TM9,1£3
M
P SBOfcUt* 4ft*S39UP61.0?6 40.S&3J40.738 +2T7 10.811.510,472 16,971,976,010j+13‘8 their customers are lodging money with them, unwilling to
invest here. If, however, the political horizon clears, we
2^87.197,7951
£ ^ .0 9 0 ^
4-5*?
M ~ M 7 * 4 - i! •fS0“2 2.SOIJ01,Prt3 *,es4,ias.ooe + 1 0 i
ft a r —ati*r
shall probably see an extraordinary expansion of business.
For three whole years now there has been exceedingly little
F A / LU R K S B Y URA.\OBES O F TRADE.
doing. F ew companies of any magnitude have been formed,
Through th e courtesy o f Col. W . M. Grosvenor, of Dun’s there has been scarcely any speculation, and even investment
H- vu w. we h o v e t ten tarnished with the following advance has been on a small scale. A ll the time, however, saving
st.vtement showing the failures in the United States by has been going on, and the amount of money now lying un­
b r a t K ’ hi-s . . f t r a d e t o r the month of November in each of employed is consequently immense.
Probably i f political confidence revives, w e shall liave a
t h e la s t t h r e e y e a r s .
F A t M IB K * (tv B R A N C H E S OK BUSINESS.
large investment of British capital In the United States, in
the Colonies, in India, Egypt and China. In any case there
Month o f S o t embtr.
I
w ill be whenever confidence recovers a great increase in
1*0**,
1897.
|
1890.
business.
.Vo. I Lfesbttitu*. .Vo. L ia b ilit y , No. Liabililica,
Upon the Continent there is just as great stagnation as
3
s
82,900
4
69.275
IfoT:. fMamirie*
a »U l ■
6
216.656
In Germany the liquidation o f bad business
186,060
12
1B4U»C‘
544.000 here at home.
teCIT unfl
..
«!
u
31
36.:‘ 0
151,000
0
w o.J ‘a».c‘rv+4A:kim irw*d»
But
OXX-4
7
t, i » « t acd hi:**»err..
i
4!
ifl.'700
277,- 15 is going on and w ill have to continue for months yet,
27
18
264.449
filiniTlT 1MXi Ol rs K •: ••*pr»
Sfj 1.608,987
500,228
264.100
27
W8.2
519.428 though it is generally expected that the stringency in the
Q o t i i M M il
-s»!
18
6
94.800
68.1 7
6
69 844
H as*. ei< t w and fur».
12
21^001
4
rO.OCKi
103,700 money market w ill continue to the end o f the year, it is be­
C3>«eQi^Alft, *lreue» X vuBt*.
9
*i
880,100
64,700;
It
Prtctiaii AK*i cntfn»Tini£.,..
179.929 lieved by the beBt informed that the real danger is passed.
16
4
6.050
W.11■tsii* IM5<i t»*Ju*r* .
9
47,085
98.811
11
6
X liiifne***
saa.yis
7.2JKI
15
0
141188 In the acute stage of the Fashoda dispute the great French
2
237.200
iatAmoT* lead l*i»!>*<»•8
6
)
7.4
O
ff'
12,800<
if
4
€»&*.**, eaniic-iiW AiTS X brick
41.071 banks, which have invested immense sums in Germany,
42
1.9im,&t6
592,658
61
88 1,663,426
Ail vUMT .................... .
began calling in their money. I f that had lasted long there
209 4,331J60
f o t i l i&iflaUdnniut.m
232 4,669.615
1*S S,t«3,6lS
is little doubt that there would have been a crash in Berlin.
790.9S0
OotAtg-ml » M «
118
149 1.046.647
162 1.854.005
507,077
471.260
■
177
171]
518,883 But the French banks have stopped now withdrawing their
154
Hr*’ * * at '1 r«-«?Aur»ct»...,
lit,too
23
37
195,059
358.546
w>
K !•?»
t3>tmAOC*l------163,7*9
216,831
58
73
845,603 money, and in the meanwhile the German banks have had
42
4v
7:12,299
93
72O.XW0
CXjaniis# »o4 faraiibtiw ..
1U4 1,728.362
323.931
1)1 y g-ou*’ * Afifl t~s*rji-rt*. ...
31
76
1,147,001
08 1,16' ,021 tw o months in which to make all necessary preparations
72.864
108,122
ih t**, r a b lw n M 'I irtmkA
24
82
84
124 0 5
tl
Serious danger, then, may be looked
M O O'H -lrlT
27«.*-8
18
93,705
8*
262, 99 against contingencies.
t*
167.616
S9
fiM lA M r . *!<.r**« X tool*.
so-.i'tn
62
397 188
But of course there w ill be considerable
33
4
4
lflf.,9XC
lt m * « Ar. l
........
105.1 no upon as passed.
11V&I
*'■
9
69.679
143,905
d u c k *..... ...
16
12
93,t80
i»
106.178
61,000
8
n - k* arvd j»Af«-r«........ .
C
0.' 00 losses, and especially there w ill be a very large lock-up.
6
21,000
H al*, far* luni g h i t i i .. ..,.
9
19.800
64.1'W
J
In France there is paralysis o f every enterprise, ow ing
66
jUi t b ^ r . . .. ... .
s id e s *
74
482.6&C
107 1,018,273
810 6.452,690
TnrLA] t n d i M , .... ..
, f
9 977,061
862 7,4BO,238 partly to the disputes w ith this country and partly to the
Urt. * w ao 4
a.
24
909311
22 1,820,215
26
601,003 Dreyfus affair and partly to the breakdown o f Spain.
In
T q€a 1 oa taa c rd A l...,
778 S.1J0.4T8 1,011 n .a io .u e ! 1,120 12,760.850
Spain itself bankruptcy is imminent. The general impress­
S /
.
I t - . n , «r K »i< c j}» a n l o / U o f ia m r i u f l o n il t r i e b r a n c t io s u r t o o s u m a n u ion is that Spain w ill repudiate the Cuban debt, w ill prob­
M r,. r j in r i n r U * im p l e m e n t * a n d t o o i n ; lu m b e r
I n c lu d e s s a w
p U - r v . • * ,«> ( ar>d
r m u : - . r * r m » t i t o r « n t i d * .* G j> p r * ; f l o t h l m r I n c l u r l e s m i l l i n e r ;
ably settle with the holders of the Philippine debt out of
-r. « r . : t
b .v .* i n r i o d n f u n «u x l i f i o . w ; c b o r a ic a ln In c lu d e d r u g s , f e r t l l l •
;
;
, : r - i .t ., ' A i r \ t f - t a i l u d o
011*01vlri*< a n d m a p s : m i l l i n g whatever money may be paid by the United States, and w ill
»»•'*«*«• Ito-ltjd« nnikor* of hnmess, itjiddlory. trunks
* ’•
1111•r mc ni*Ti' tobacco, w h ip - , brewer* Atad beer; glnm in*
reduce the interest upon its owm debt to 8 or possibly 2 per
ria d w
£w:vst4wjr. bnck, llina and Mfutini.: i r r o o e r l e s Include meats
BDOdt Includo cnrpetn and curtains : cent.
A t the same time, it is expected that a very
*-•
v r.
b a r d w a r o lo c iu d .- *
a n d t o o l* : a n d j e w e l r v
»*• ! "■
r « i n c l u I c a ! r e a l o u t it< ; n o t e , I n s u r a n c e
heavy and stringent income tax w ill be imposed. Many
9 f p^-luno i n » j f r r » w ( .
• « A i n b o ^ n *** t * u>»t the b a a d l l n t f o f actual p r o d u c t s ,
vrt ,•
*n i -‘.-I -r J o i n ?«n -’rn«. *ml traiMpoftcr« I n c l u d e a l l o x e e p t i n - great authorities say the tax w ill be at the rate of 10 per
cent and other sweeping measures w ill be taken. A ll this is
on the assumption that some kind o f government can main­
T H o n c tn v ijs C o m m c u c ia tg n Q U s T t^ c x u B
tain itself and keep order. But many fear that the present
iFrom oarow noorr»*pon<16n t.}
dynasty is doomed, and that we shall see before long either a
L ondon , Saturday, Nov. 19.
Carlist restoration or a m ilitary dictatorship. Few believe
W hile trade at home continues good, the foreign trade, as that the Republicans are strong enough to establish a R e­
k « ri't.iwrv.'d last week, bus been somewhat affected by the public, or indeed that they are capable of maintaining it i f
war apprehensions, and btudnee* on the Stock Exchange is it were set up.
m stagnant as ever.
New York is baying American securl
In Italy there is a very slow and gradual recovery. In
tie*, especially bonds, in very large amounts, and Continental Austria-Hungary the intestine divisions of the nationalities
capitalists are purchasing first-class British securities, have put a stop practically to all business that can be post­
especially console. But tlie British public itself is doing poned,
n ti .ng, Speculation is paralyzed, a* it has been for months
The money market has become easy this week, contrary to
aori investment in upon a smaller swale than for many all anticipation. Last, week the Bank of England was bor­
year*.
rowing in the outside market to get control o f the market,
Timre i«. however, a more hopeful feeling this week, largely and everybody assumed that is would continue to do so until
dno to Mr, Chamberlain's speeches at Manchester.
The it succeeded. But the great joint-stock banks were opposed
effect of the withdrawal of M ajor Marc.hand from Fashoda to the policy, and it is rumored that the directors of the
ct sitTaiized by Cord Salisbury’s warnings at the Guild- Bank o f England itself were not agreed. A t all events,
bail. But Mr. Chamberlain this week bints at an under borrowing lias stopped, rates have fallen away, and the
standing with the United States, Germany and Japan, and prospect of the Bank getting control o f the market has for
la tera lly the public see more in his statement than perhaps it the time being vanished.
fv>u ' .<!£•< f..ntipllAiioa covera the clearings by months

attk&v J a n u a r y 1.

o t t

±H E

D ecember 8, 1898 |

C H R O N IC LE ,

1143

Supplies available for consumption (exclusive o f stocks on
Perhaps the more hopeful view taken o f foreign politics
accounts for this to some extent. Perhaps also the stoppage September 1):
1898.
1897.
1 896
1895.
by the great French banks in calling in money from G er­
W h eat im p o rte d , ow t. 12,992.600 13,644.200 14.215,630 1 6,359,760
many has likewise contributed, and perhaps likewise the Im p o rts o f flo u r ........ 4,220,030 3,309,500
4.521.860
4.407.310
honorable manner in which the Court o f Cassation is conduct
Sales o f h o m e -g ro w n . 7,323,749
7,442,674
6,448,334
3,579,483
in gth e Dreyfus case has had considerable influence. A t all
T o t a l......................24,536,379
24,396,374 25,185,824 24,346,553
events the Bank is not borrowing and rates have fallen
1898.
18971896.
1895
away.
A v e r .p r ic e w h e at,w e e k .2 8 s. 4d.
34s. Od
31s. 9d.
26s. I d
In Germany the stringency continues and it seems likely A v e r a g e price, se a so n ..2 6 s, lO d.
33s. I d .
27s. Od.
24s. 4 d *
the rate o f discount w ill be raised to 6 per cent.
In France
E n g li s h F in a n c ia l U a r ls e t * — P e r C a b le .
there is comparative ease. Some little time ago it was
The daily closing quotations fo r securities, etc., at London
thought probable that the Bank of France would put up its
rate to 4 per cent. N ow the belief is that it w ill not do so, are reported by cable as follows fo r the week ending Dec. 2 :
and that early in the new year it w ill put down the rate to 2
London
S a t.
M on.
T u e s.
Wed.
H u rt.
F r i.
per cent.
That o f course w ill depend upon the way in
which the revision of the Dreyfus case goes and upon the re­ 111v e r , p e r o n n 3 e ..„. d. 27%
279,„
277,g
27%
27%
277,e
sult o f the crisis in Germany.
Assuming that everything lo n s o ls ., n e w , 2 % p.ots. 1113,6 1115,6 1 1 1 * 11011,6 n o * 1105,6
1115.« 1113,6 1111,6 n o *
F o r a c c o u n t ............... 1 1 1 *
110%
turns out favorably, there w ill probably be a reduction in the P rid
i r e n t e s (ln P a r ls )f r . 02 3 2 * 0 2 3 2 * 102 35 0 2 - 2 2 * 02-67% 0 2 - 6 7 *
rates both of the Bank of France and the Im perial Bank of S p a n ish 4 s ...................... 41%
41*
42
41*
41*
41*
173s
17
16*
16%
17%
Germany early in the new year and no doubt the Bank of A t oh. T o p . & S a n ta F e . 16%
4
7*
48%
48*
47*
47*
Do
do
p r e f. 4 7 *
.England w ill fo llo w shortly afterwards.
C a n adian P a o lflo ..........
87*
87
87*
88
87%
88%
In the meantime, the India Council continues very success­ C e n tra l P ao ifio............... 28%
29*
30%
31
28%
33%
ful in selling its drafts. It offered for tender on Wednesday
24*
24*
24*
24
Jaesapeake A O M o ....... 233i
25
40 lacs and the applications exceeded 157 lacs.
The whole Ohio. MU. & S t . P a u l.... 116% 117% 118% 117% 118% 118%
64*
64*
64
64%
64*
64*
e a r . A R io G r . , p r e l . .
amount offered was sold at prices ranging from Is.3 29-33 to Eyrie
14*
14*
14%
14*
14%
, o o m m o n ...............
14%
Is.3 15-16d. per rupee.
38*
39
37%
1st p r e f e r r e d .............
37
37%
38%
115
115*
115*
illn o ls C e n t r a l............. 115
115%
115
The follow ing return shows the position o f the Bank of
199
199
199
19^*
199
England, the Bank rate o f discount, the price o f consols,
64%
6478
64%
64*
G5*
.o n ls v ille & N a s h v ille . 6 3 *
&o., compared w ith the last three years:
123s
12*
12%
12*
do K a n . A T e x ., oom .. 1238
12*
Circulation...............................
Public deposits.......................
Other deposits.........................
Government securities............
Other securities ....................
Reserve of notes and coin.......
Coin A bullion, both departm’ts
Prop, reserve to liabilities.p.ct.
Bank rate ............... per cent.
Consols, 2H per cent...............
Silver
.........................
Clearing House returns..........

1897.
N o v . 17.
JK
27.205.140
7,201.055
27.149,557
12.870.410
27.3S3.742
21,*11.893
31,917.033
4B-X

1890.
1895.
N o v . 18.
N o v. 20.
X
£
20.247,825 25,409,366
7.140.011
«,3-i9.«01
49.816 244
43,397,817
14.330,526
13,758.000
27.*9 4.634 27.043.000
26,231,112 32.h7O.038
36.078.937
62*
4
110 1-10
113 5-10
105*
27d.
29 15-10d.
30*u.
175.689.000 100,291,000 165.ll8.0u0 195,393,000
1898.
N ov. 10.
s
27.043,175
5.804,500
35,24 4.044
U.904,840
20,779.448
22,195.937
82.439,112

The rates fo r money have been as follows :

8. Y . G ent’l & H u d so n . 1 2 2 *
16%
Y Y . O n ta rio & W e st'n
Y e rfo lk & W e s t ’n, p re f. 56%
41%
8 arth e rn P aolflo, coin..
77*
P re fe rr e d ....................
813s
P e n n sy lv a n ia ..............
9 *
* Phlla. & R e a d ..............
2
3*
• P h U . & R ead., 1st p re f.
10*
* P h il. & R e ad ., 2d p r e f.
South’n R a ilw a y , o o m . 10%
41*
P r e fe r r e d ....................
37*
U n io n P ao lflo ................
Do
n e w p r e f.. 70%
W a b a sh . p r e fe r r e d ..
23*

122*
17
57
42*
78%
61%
10
23%
11
10*
42*
39*
71%
23*

123
37*
57%
43*
76%
61%
10
23%
11*
10*
42%
40*
72%
23%

122*
16%
56*
4*2
77*
61*
9%
23*
10*
10%
41%
39%
71*
23

122*
16%
56*
41 *
78%
61*
9%
23*
10*
10*
42
39%
71*
23

lv 2 *
16%
57
413^
78*
61*
9%
23%
10*
107g
43*
40*
72*
22*

* P ric e p e r share.

V
London. •a*

n
28
Nov. 4
11
"
18

4
4
4
4
4

4 Months.

0 Months.

3H V 3H

w a rn
3K®3 H
3H'<t
3«
8

3
311-1«<33*
3 * @ * ll-l0
3 *0 3 5-10

D le't H i «
Stock A t
4 Mos. Bunks Can Dam

Trade Bills.

Bank Bills.
3 Months.

Oct.

Interest alio%o~4
fo r
to

Open M arket Rates.

3H
3*

3 Mos.

4
4
4 04* 4 04*
4
4
4
4
3*
3H

**
Hi

8*
2*
2*
2*
2*

2H
2H
iH
2H
2*

2%
2*

Commercial audliSHsceUaueattBltcuis
C o i n a g e b y U n i t e d S t a t e s M i n t s . —The follow ing state,
ment, kindly furnished us by the Director of the Mint, shows
the coinage at the mints of the United Statesduring the month
of November and in the eleven months of 1898.

P ie e e t.

The Bank rate of discount and open market rates at tne
chief Continental cities have been as follows:
N ov. 11.

N ov. 18.
Rates o f
In tere st at

P&rls...............
Berlin.............
H a m b u r g ......
F rankfort ...
Am sterdam ....
Brussels........
Vienna
Bt, Petersburg.
Madrid
.......
Copenhagen...

Bank
R ate.

Open
Marke

3

Bank
R a te

Hi
3%
3%
2*
8

3
*%
Hi
3H
2*
2*

3
5%
5%
5«
2*
S

Hi
5
5

6
5

4*
6*
5
5

N ov. 4.

Open
Market

Bank
R ate.

Open
Market

2«

3
5
5
5

Hi
4H

4J4
5*
m
2«
4*6

Hi
6
5

Hi

Hi
8

Hi
6*
5
5

2H
2J4
4%
5H
5
5

Oct. 2i.
Bank
R ate.

Open
Market

3
6
5
6
2hi
8

244
444
444
444
2)4
214
4)4
5
6
5

4%
5S4
5
6

D o a b le e a g le s _______
E a g le s .......................
H a l f e a g le s .............
T h re e d o lla r s ..........
Q u a r t e r e a g le s ........
D o lla r s .....................

B a r g o ld , flu e ___ ox.
B a r Kold.pa7dlnK.oz.
U . B . g o ld o o ln ...o z .
Gferm'n KOld ooln.oz.
F re n c h Kold ooln.oz.
J a p a n e se yen____oz.

N ov.
17.
s.
77
77
76
76
78
76

d.
9*
9*
5
6
6
4%

Nov.
10
*.
77
.77
76
76
76
76

d.
9*
9*
5
6
6
4%

Sil v e r .
L o n d o n S ta n d a rd .

N ov.
17
d.

B a r b U v e r, fin e ... oz.
B a r silv e r , o o n ta in 'g
do 5 g rs. g old .oz.
do 4 KTB. gOld.OZ.
do 3 KTB. g o ld .o z .
C a k e s i lv e r ..........oz.
M e x ic a n d o lla r * oz

28

N ov.
10
d.
28%

289,s 281,.
284, „ 2 8 S „
28%
28
2 0 3 ,, 3 0 1, .
271 „ 27

Messrs. Pixley and Abell w rite as follows under date o^
Nov. 17:
G o ld .— E x c e p t in g the sm a ll G e rm a n re q u ire m e n ts , th e re h as b een
d e m a n d fo r g o ld a n d £ 3 1 8 .0 0 0 h as r e a d ie d the B a n k . £ 7 0 .0 0 0
h a s been w ith d r a w n , ch iefly fo r the C o n tin e n t
A r r i v a ls : C h ili, £ 3 6 ,000; Cap e, £ 42 7,00 0 .
T o t a l. £ 4 «3 .0 0 0 . S h ip m e n ts: C a lcu tta , £ 10 ,000: G ib r a lt e r, £ 5,000; B o m b a y , £ 5 0 .0 00 . T o ta l, £ 6 5 ,0 0 '.
S ilv e r —A m e r ic a con tiu ies to hold o ff o u r m ark et, an d the p ric e on
th e n su al tra d e o rd e rs h as h a rd e n e d to 28d. In d ia n p rice to -d a y is
R s. 7138 p e r 100 T o la h s.
A r r iv a ls : N e w Y o r k , £ 11 6,00 0 ; C h ili, £ 67 ,000. T o ta l, £ 18 3,00 0 .
Shipm en ts: C a lc u tta . £5,000; B o m b a y , £ 2 ,075. T o ta l, £ 7.67 5.
M e x ic a n D o lla rs .— T h e Is no de m a n d e x c e p t a t m e ltin g v a lu e , w h ic h
m a y b e c a lle d 2 7 i i 6d. p e r oz. A r r iv a ls fro m N e w Y o rk , £ 9,000.

no

The follow ing shows the imports of cereal produo* into
the United Kingdom during the first eleven weeks of the new
aeason compared with previous seasons:
IMPORTS.
1898.
im p o r t s o fw h e a t ,o w t.l2 .992,600
B a r le y .......................... 7.593,600
O a t s .............................. 3,435,870
P e a s ..............................
522,100
B r ia n s ..........................
547,230
f u d la n c o r n ................. 9.653,900
B u r ............................ 4,220,030

1897.
13,644.200
5,215,894
3,209,320
060,090
905,560
9,845.000
3,309,500

1896.
14,215,630
6,105,990
4,124.070
894,885
758,240
13,855,280
4,521,860

1895
10,359,760
7,247,130
3 008,140
62 **,950
931,040
9,362.000
4,407,310

tn cc c s .

V a lu e .
$
2.700.000
1,006,700
1.300.000

V a lu e.

*
2,343,008 46.860,160
1,198.269 U .9 8 2 ,6 9 0
1,930,36b 9,651,830
117

T t a l g o ld .............

292

5,006,700

5,471,760 68,494,972

1.402.000
934,000
2.108.00 »
3,592,507

1,402,000
467,000
**'27,000
359,250

12,420.475 12,420.475
5,223,« 25 2,611,512
12,28^.067 3,072,267
16,542,982 1,654,298

Cotal s i lv e r .. . . . . .

8,036,507

2,755,250

46,475,549 19,758,552

F iv e cent n ick el . . .
O ie cent b ron ze ...

1,506,000
866..000

75,300
8,660

11,628,442
48,445,434

581,422
484,454

83,900

60,073,876

1,065.876

495,070

D o lla rs ......................
H a l f d o lla r s .............
Q i a r t e r d o lla r s .......
D i m e s .....................

T o '-**1 coinage
Gold.
L o n d o n S ta n d a rd .

135.000
100,670
200.000

T ital m in o r ..........

The quotations fo r bullion are reported as follow s:

E le v e n M o n th s 1898.

N o v e m b e r.
D e n o m in a tio n s .

2,372,000
10,904,177

7.845,910 112,021,185 89,319,400

b o n d s H e l d b y N a t i o n a l B a n k s . —Tne follow ing 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
nank depositories on November 30 :

U. S . B o n d s H e ld N o v . 30, 1898, <»> S e c u r e —
D e s c r ip t io n o f B o n d s .

C u rre n c y 6s, P ao. R R . . .
5 p . ots., 1894, due 1904
1 p e r ots., fu n d e d 1 90 7..
4 p. ots., 1895, du e 1925
2 p e r o ts.,fu n d e d 1891*.
3 p. cts ,’98, du e 1908-18

P u b lic D e p os its
in B a n k s .
$1,788,000
6,997,000
23.147,500
9.437.500
1.534.500
28,363.800

Bank
C ir c u la t io n .
$3,138,000
15,596,900
130,580,550
21,915,650
21,975,750
40,136,280

T o ta l B e ld .
$4,926,000
22.593,900
159,734,050
31,353,150
23,510,250
68,500,080

T o ta l. ......................
$71,268,300
$239,349,130 $310,617,430
• R e d e e m ab le at o p tion o f the U n ite d States.

The foregoing does not include the bonds held in the N ew
York Sub Treasury against deposits in banks. There were so
held on November 30 $24,348,100 bonds, making the whole
amount at that date in possession o f the Government as se­
curity for deposits $95,816,400.
G o v e r n m e n t R e v e n u e a n d E x p e n d i t u r e s . —Through the
oourtesy of the Secretary of the Treasury, we are enabled to
place before our readers to-day the details of Government
receipts and disbursements for the month of November. From
previous returns we obtain the figures for previous months,
and in that manner complete the statement for the eleven
months of the calendar years 1898 and 1897.

TH E

1144
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tt oo I| t o —p ——
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3
—tX o toi on 3©e c*t o?.
Ca Oo J - » —— tt oo
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a— s ' ©© t ©o c xo
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to - a - i ©
©c o t o — p —p
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t o tt oo ©t o X®
tp o — p p
tc o* b t o »t©o *® 3
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s

C H R O N IC L E .
O
e
c

- sg r ^r s g : s l
3
I l l s
fM *

£

1 | 2: S
f 6® ; *

;f . ;. aa :.

3

§c .
' a

[V o l . i * r m .

The follow in g table shows the exports and imports o f
specie at the port o f N ew Y ork for the weekending Nov. 26and since January 1, 1898, and fo r the corresponding periods
in 1897 and 1896.
EXPORTS AND IM PO RTS O P 8PBOIB A T N S W T O R E
E x p o r ts .
W eek.

2.

S in e e J a n .l.

fJ 5
S

South Am erioa......
*11 other oonntrleB.

7,000

$200
8,000
200
9,290,894
8,500
147,298
27,292

!5

Total 1898........
Total 1897........
Total 1898........

$473,388
13,698
32,370

$9,482,384
29,817,721
51,242,937

g
West In d ie s ........ .

pt o
oe »
pt o
b - g»
to
©t o
-© J
3a©
«3
—
p©
©d
©
p3
c*
©©
tt oo
tso oc

to to to
OX t -3
o to 4 *
to t o ©
— to p
V t o Oe t oo - *
» to —
— C SC*
Ot o —t o Ot o I *
to © —
•— —
■ Jt bo o — o ©— ®
to O tto
to to to
V— t ©3
o to 4*
3t o O
p o p
tO o X3 tt oo 1®
O to o
t o ot o t— o
t© o * o— o— ®
o — ©
— tt oo —p
oC O o— T — o ot «s ®
« o o o
p - -t o o —
O t o t co a O o ®
® 3
■ to t o ©
p — pt e p—
Ct o3 o® ”o© o3®
© O to d
®t o p w— —t o
O© t©t oo Oco o t tboo o ®
CO — © CJ
p a > ©©3
t-*3 ®d —t o t t o o ^
3 t o * .©

* Deducted—from January, "M b o e U n o o n i" 1898.............
K ttom red from Uoitm Pacific Railroad purchase 1897-98,...
* Deducted from March “ .Mim' c IUhjc-ous ** 1898.................. )
!'1898............................................ ]
* r^::.a tf.-i from A p ril * 'MlsocitUncous** 1898.............
.............. I
* f‘«-* >
from N' >V4-ju8* r
1807,............. I
1 *r m t
n I’acillc Railroad 1’tirchntO..................>
- !*««*•..from NV-v.-nik-r * < »v*s
Minticllnneon*" 1897. i
C’ riirsT* ••
•• , * * u it, i l*. 8inklotf Fund ................

Im p o r t s .

S o ld .

e*
tj
Ctlr
- Uc

1

V
§
§I 1
&
<=?

©
' 3£
i f
r5

$45,689,788
16,988,376
29,476,123
2,785,443
110,*06
860,‘ 68
562,583

$1,788
8,625
96,699
675

$110,787 $96,473,687
21,525 13,499,313
27,891 82,749,625
Im p o r t s .

E x p o r ts .
S ilv e r .

Jreat B rita in .........
fran oe....................
le r in a n y ..............
Vest In dies...... .
tfex lo o ...................
South A m erica......
t i l other countries

$1,042,593 $40,705,062
967,062
2,610
“ 3,140
563,245
14,159
215,099
448
9,173

Total 1898........
Total 1897........
Total 1896........

$1,046,187 $42,476,410
917,941 42,345,035
1,078.764 •17,951,242

B rea d stn ttA

F ig u re s

W eek.

S in c e J a n . 1.

W eek.

B rou gh t

S in c e J a n . 1,

$42,798
24,907
4,010
301,936
1,274,214
773,532
77,643-

$3,788
147,160
54,636
1,026

$206,538 $2,499,04059,743, 2,800.311
115,181
2,739.513
P a g e 1 1 7 1 .— T h e

F ro m

statements below are prepared by us from the figures col­
lected by the New York Produce Exchange. The receipts at
Western lake and river ports for the weekending N ov. 26, and
dnee Aug. 1, for each o f the last three years, have been:
teoeipts a t—

|

$166,388

S in c e J a il , !•

W eek.

O hicago......
\lllw aukee..
Duluth . . —
Minneapolis.
Toledo.........
D etroit.......
Cleveland...
St. Louis ....
Peoria.........
Kansas City.

*8,538,401
T0t.wk.*98.
nK1 Krtrt
38,851,000
Same w k.’97.
} QO ftK1 K n n
Same
wk.’iKJ.
3*,(iol,000
SVnce
1.
1<w fl, e
•.18,194,010
1898...........
a.
QOO .ta
S34,049,868 251897....... .
1890...........

Flour.

Corn.

W heat.

Oats.

V*.

Barley.

56l#.190lbs Bush.601bs Bush.oQlba Buah.3Zlb8 BushASlbs Btt.50 lbs.
145,595
918,150
1,233,848 1,600,187
576,290
121,000
41,4.00
447,200
85,150
119,000
488 ; 00
52,200
82,850
3,919,289
3,754
49,699
283,541
2,554 2,302,800
51,120
142,700
1,077
182,065
407,233
14,000
4,071
8,600
91,018
273,818
29,116
16.611
12,176
24,753
107,438
95,776
....
392,506
28,040
599.220
12,000
196,800
02,250
13,650
280,450
2,400
11,150
68,450
100,100
544,000
87,000
30,000

_

8,820.051
0,395,078
3,031,742

821,873
284,988
261,868

3,129,031
3,027,631
2,050,967

2,447.679
3,630.075
1,990.302

1,495,151
1,670.026
1,259,367

254.146
255,398?
120,577

5,859,316 136,110,401 72,694,307 64,830.78 L 19,714,372 5,040.351
3,987,967 119,901,401 93,425,313 75,150,027 18,775.004 5,715,002
5,321.240 95,720,242 61.011.893 72,195,296 19,800,302 3,743,27

To make the 1893 figure conform to the Gove.ramen t
The receipts of flour and grain at the seaboard ports fo r the
*'■I'-ny-nt, the amount* mentioned in above foot-note shoal d
added. We have deducted those items as the purchase week ended Nov. 26, 1898, follow :
■Rye,
Corn,
Oats, ' Barley.
Wheat,
• lo w .
money is not revenue, and it included would disturb the
bush.
bbls.
bush.
bush.
bush.
bush.
.Receipts at—
comparison with former and future years.
83.950
252.976
2,304,750 1.008,125
319.200
New Y o r k ..........
530
600
04,193
427,253
390,558
T reasi-rt Currency Holdings.—The following compila­ Boston................
14.079
4,270
7,575
83,605
121,060
55,092
tion. base-1 on official -Government statements indicates the Philadelphia ..... .. 77,799
81,900
20,800
152,748
732 570
387,997
S8.657
010,706
998.720
356.022
currency holdings of the Treasury on the first of Septem- Baltim ore..........
1,7104.300
3,925
4,000
12,698
Richmond....... ..
!« r, October. November and December in 1898.
201.600
509.425
62,125
New O rleans*.....
TJUXAHUIiV NET nol-OlNOS.
(a* Sub-TrM jruriat—

Sept. 1, ’ V
t

S.

Oct, 1. *96.
*

W*t aohSoota and bullion.. 2 l7.iw i.i8 i

PattiiTor coin and bullion....... 10.i6d.7w i
H C * 3. TraM ory Qcrt«*.. 4,339.624
#*<
#nd*tr D o u «.............. 64,01).'.,485
national bank O O tM ...,...., 4.416.724
H»* fraction* l*t)v «r........... .
10.993.449

84*.297.543

fi. 130.851
1.614.997
87,385,851
3,600,885
9.190,706

No t', 1, *08. Dec, 1, *98.
t
»
2S0.0fi5.102 241,06*.444
9,0*4.280
7,606,088
1.203,500
1,411,798
2u.S24.S96 14,754.970
4 ,6 5 9 ,1 7 2
4,^75,74.1
7.854,080
6,073,2 5

TcrtAl rjith in 6ab-Tr*»aji*» n«t.30Ml5.51S 303.551,215 283,061,160 270,735,240
80, *88,712 95.014,970 04.641,Oul
A m w a t in
nan**........ 8,487

A r t a n t o a ih ta ltfx

70.882,421

115.997
180,000

581.000
72,000

9,227

2,000

270.728
278,546
Total w eek___ .. 490.053 4,686,082 3,888,491 1,213,994
401.883=
332.854
2,964,531 2.579,303 1.947,402
Week 1897...........
* Receipts do not Include grain passing through N ew Orleans fo r fo reig
d irts on through bills o f lading.

Total receipts at ports from Jan. 1 to Nov. 26 compare as
follows for four years:
1898.
19,326,500

1897.
23,331,609

1896.
11,068,987

1896.
15,912,237

W h e a t................... bush. 122,600,025
292.370,79 J Corn.......................
14 183.790.9*2
Oats ......................
" 86,941,823
Barley....................
"
5,255,191
following are a y e ......................... " 13,842,919

95,733,951
171,917,476
85.3<'5.705
11,7x81,812
10,882,859

0,3,427.687
88.157,588
67,700,510
10,769,540
5.079 401

43,025,964
69.32<’,?U
40,009.t30'
3,869.139*
469,217

Caulk In h so k j 4 •-i?>-lrfji.*_.»l7.‘ 6 t.97n $44.4*9.92? 378.036,120 371.426,251
'•uheriu.i, . i i i v L V t . , 73,2i*%094

G alveston ....... .
Pensacola...

77,n2;,8l5

79.049,400

Receipt*
of-*
'
F lo u r....... .. .. .., ,.. b b lf

.......2^4.187,086 307.557,503 300.238.275
?«fi' balance*."

I o t o r t * a n d E x p o r t s f o r t h e W eek,—T he
the Import* at New York for the week ending for dry ,oods
137,7*1,504
Total grain ...
412,480,890
875,101,303
235,734.796
N>v. 24 ami for the weekending for general merchandise
The exports from the several seaboard ports for he w e e k
Nov. 25 also totals si - the beginning of the first week
ending Nov. 30, 1898. are shown in the annexed statement:
tn January.
v o a a io jt

D
o
D
e
T

tK

p o e t s

a t

n e w

# w * i e « 4* .
1898.
1897.
r y g o o d * . . . . 1 • 1^ 11,707 f l , 429.209
« n l a «r *d lA h
5, 513,241 j 0, 753, 028]
T o t a l . . . . . J • 7. 025,003
fin z e J a n . 1j
ry good*.
f S ' * . 205, ^ 01* f l 11. 315J S 58I
t n ' l m « f d i « « 303. 470,419 329, 909.790
o l a ) 47 v e o _____________
i i i 0330, 670,228 2441. 285, 048!

Wheat,
E xp ort* fr o m — bush.

t o r e

1898.

1895

*1,347,293
5.753,522

*1,069,988
5,365,175

*7,100,815

*7,335.143
*131,392,183
330,660,131
$471,052,29*

r o « fo llo w in g is » statement of the exports (exclusive of
■pec)*) from ‘the
v p>rt of N ew Y ork to foreign ports for the
Hiding N-iv. 28 and from January i to date:
1398.
P o rts
P rrr,

Xot*i 47 w m

•9.022,463
425,809,330

Corn
hush.

Mew Yofk......1,082,088 569,988

1897.

1890,

213,985,380
.307,12<J,893

$7,153,070
342.686,679

1

1895.
$0,951,127
303,942,865

•434.^31.894 4391,106,263 $349,83 1,749 *310.896.992

Boston........... 431.10B 160,563
Philadelphia,.
789,022
......................173,051
|
Baltimore .... 848.083 1,13
.131,038
New Orleans.. 835,798 207.382
N o r f o l k ..............
2 4 ,0 0 0
115.997
Newp’rt N ew s
65,000 145.718
Montreal ..... 131.700 107.226
G alveston---- 640,600 187,430
P en sacola....
72,000
Total week.,3.184.940 8.480,904
9ituo time *87.3.086.848 2,890.209

F leu r,
bbls.

70,214

6*-,32?
10*088
77,004
7,169

Oats,
hush.
45,782
376.116

Bye,

hush.

159,207

90,000
1,095

128,571

63,788

18,057

813,523 575.781
233,003 1,532,880

205,935
489,014

33.133
32,761

Peas,
bush.

23,604

Barley,

bush.

225

28,862

9,227
51,950
57,702

225
80,52g.

The destination of these exports for the week and since
September 1, 1898. is as below.
_
. ,
-Flour .— -— , --------W heal. ------- - <— ------- Com.--------- v
Export* for
Week Since Sept. Week Since Sept.
Week Since Sent..
vitek tmd since Wop. 16.
1,1898
Nov. 26.
1,1898,
Nov. 2fl
1 , 1866.
8 ept. 1 to —
bbls.
bbU.
Oneh.
bush.
bneh.
buck.

United Kingdom 198 432
C ontinent.. . . . .
75,014
8. A C. A m erica.
14.770
West. Indie*......

Br. N. A to .C o lo ’#
Ith er countries..
Total

13,221

0 ;llt
975

8' 3,528
-dil.lWS

2,015.(160
014,164
321.940
308,007
"M O *
06,098

1,008,005 22,483,768 1,657,119 17,444,400
1,600,108 17.S74.479 1,829,245 18.211,08*
107,112
3,888
14,680
...............................
11,002
200,816
.......................
13.330
120.812
15,844 385,762
60,885
689,221

1,025,133 8.184.940 40.741,096 3,480,904 88,680,807
.1302.194 3,085,848 48,066,049 2,890,209 87,147.248

TH E

Decimbeb 3, ltJ98,]

C H R O N IC L E .

The visible supply o f grain, comprising the stooks in
granary at the prmoipal points of accumulation at lake and

N ov. 20, 1898 23.30O.COO
Nov. 19. 1808 2l.-92.00i
Nov. 27. 1807 3*,d60,O6O
Nov. 28, 1890 58.914,000
Nov. 10. 1896 e3.9o3.000

B a r le t.
bush.

207,000

1,083,out

7,143,000

028,000

123,000

1,000

1.000

1,070,000

‘ 50,000

' 57.000

20,000

232 0"'
00,000
20,000

321,000
0O,OO(
508,00

355,060

95.000

11,000

542.000

3,6(0

10,000

100,0i0

150.000
270.000

98,900

3.666

‘ 08.OOS
1,000

10,090
830,000

10.000

10,000

51,000

*04,000

73.000
1.275.000
601,000
28.000
74,000
1.091.000
•85,000
211,O^O
2,476,090
510,909

' 2,06 ''
143.000
5.000

22.263,090
23,239,000
42.958,060
18,229,009
6.517,000

6,680 000
5.760,000
15.201,000
12,474.< 00
0.397.000

50.000
21.000
48,00«

1.000
02,000

187.000
18,000

44,OCX

247,009

032.00f
544,000

1.139.000
1,021,900
3.003.000
2.560.000
1.423.000

3.898,000
•,7*4,00»
5.89 l.OCO
0,357,004
6,310.0c0

ill

Total
Total
DotaJ
TotM
Total

Rye.
bxuh.
41,000

40.000
1,434,000

Oats
bush.
1,240,000
24.000
45.000
878,000

Corn
bush.
2,6^3.000

llillisi

Wheat
I n store at—
bxuh.
New York................. 3 01 §. »00
Do afloat..........
33,000
A lb a a y ......................
Baitalo...................... 2,843,000
Do
afloat........................
Chicago..................... 2,180,000
Do
afloat..................
Milwaukee................
16,000
Do
afloat.........
.........
D u lu t h ..................... 2,551,000
Do
afloat........................
Toledo
118,000
Do
afloat........................
97,000
Detroit..
Do
afloat.......
8.0C0
Oswego*....................
1,500.000
St Louis............
07.000
Do
afloat..
Cl ncaanat 1..........
Boston......................
140,000
T o ron to....................
75,000
M ontreal...................
50,000
Philadelphia.............
981,000
P e o r i a .....................
1,060
In dianap olis...........
251,000
Kansas City..............
973,000
Baltimore...................l.«73,000
Minneapolis ............. 2,09i,00(
On Mississippi R iver.
40,000
On Lakes.................. 4.8*3,000
On canal and river. ..
274,000

• Oswego—Last w eek's stocks : this w eek's not received.

Ne?r York City, Boston and Ph ilad elp h ia Banks.— Below
we furnish a summary of the weekly returns of the ClearingHouse Banks of N ew York City, Boston and Philadelphia,
The N ew York figures do not include results for the non
member banks.
O apxialA
b a n k s . Su rplu s.

uoans.

n . y.*
•
N o v . 5.. 134.184.0 078.845.1
•• 12. 134.184.0 687,807.4
093.705.2
134.184.0
“ 19..
“ 26 134.184.0 091,419,8

B oi,*
Nov. 12..

** 19..
M 26.
P h lla , *
N o v. 12..
“ 19.
‘
20..

Spscts.

LsfOl*.

•
1574288
1504060
1593530
1584815

•
53.800.1
52.855,8
53,922,0
66,558,4

08.587.3 184.118.0 10.511.0
08.587.3 182.160.0 10.822.0
08.587.3 183,784,0 10.047.0
35.388.0 123.007.0
35.888.0 123.055.0
36.388.0 123.207.0

Deposit*, t C ire’t’n. Clean...
769.087,4
777,000,0
780,432.0
782,729,3

7.146.0 214.008.0
7.343.0 217.063.0
7.321.0 214.273.0
141.012.0
143.320.0
141.218.0

42.050.0
43.282.0
41.696.0

15.W8.8
15.730.1
16.971.1
16,380.9

•
870.303.4
847.498.5
11957085
835.634.6

5.900.0 116.323.9
5.872.0 127,803,0
5.804.0 100.333.9
5.922.0
5.940.0
0,016,0

07,785.2
83.601,7
08,749,0

New York City C learin g Bonse Banks.—Statement of
condition for the week ending November 20, based on averages
of la ily results. We om it two ciphers (0 0 ) in all cases.
Banks.

O a p ila l d u r p l 'i

Loans.

Sp ecie,

L e g a l* . D e p o sits.

[ o f N e w Y o rk .. f2 ,000,0 •1,858,6 • 13,010,0 •2.810.0 •1,010,0 S13.770.0
1.720.0 20.513.0
Manhattan Co......... 2.050.0 2.086.4 15.343.0 0.355,0
1.214.7 15.072.2
M erchants'.............. 2 , 000,0 1,081,0 13.185.7 2.557.0
M echanics'. . . . . . ----- 2 , 000,0 2.005.1 11.530.0 3.377.0
747.0 1 1.506,0
1.900.0 24.249.2
Am erica . . . . . . . . . . . . 1.500.0 2.012.5 20.889.3 4.428.0
243.4
4.330.0
939.0
4.402.0
201.0
P hen ix..................... 1, 000,0
1. 000,0 4.322.8 80.055.4 22,700,1
3.050.4 100,351,7
Otty ................... ..
300.0 0,996,4 24.804.0 0,149,2
1.574.1 28,413 5
Chem ical.................
0,026,0
5.200.7 1.150.3
600.0
Merchants* E x c h ’ge
170.1
360,1
8.877.0 1.215.5
7.035.8
745.0
O alia tin................. . 1, 000,0 1,725,4
121.2
1.170.8
112.1
300.0
975,9
888.6
Butchers’db D ro v’rs’
1.458.0
400.0
174.2
1.272.0
227.0
Mechanics’A T rad’s’
307.0
973 0
207.4
200.0
101.0
938,0
172.0
Greenwich ..............
4.027.2
600,0
482.0
4.040.7
874.0
244,9
Leather MAnufac’rs
1.780.4
2.249.0
300.0
109.3
517.3
151.2
Seventh............... . . .
518.3
3.749.5
400.9
2.960.1
270,8
State of N e w York.. 1 . 200.0
2.918.0 21.023.0
0
2,610.0
20.510.0 3.250.0
American Exchange 5.000.
3.002.0
3.250.0 22.229.0
0
27.702.0 2.507.3
Commerce ............... 5.000.
1.627.8
0,920.9 1.815.8
0.841,1
210.2
Broadw ay................ 1. 000 .
0
704.4 13.948.5
M e rc a n tile ............. 1, 000,0 1.013.6 13.128.7 3.223.4
479,2
2.724.8
744.9
3.507.1
434.5
422,7
Pacific ...................
834.1 17.242.4 4.040.H
574.0 2 J,226,4
R epu blic. . . . . . . . . . . . 1.500.0
902.9
0,125.4
0,208,0
819.5
988.0
450.0
C h a th a m ................
1.787.1
204.8
2.900.9
4 78,0
473.7
200.0
P e o p le 's .................
554.5 12.053.4 2.509.0
900.8 14,782,8
North A m erica........
700.0
2.305.0 48.007.1
H a n o v e r.................. 1 000,0 2.240.2 38.541.0 9.890.0
3.830.0
388.0
3.079.0
492.0
401.0
500.0
Irvin g ....................
378.4
2.687.0
3.102.0
164.8
784.3
Citizens’ ..................
600.0
3.394.3
524.2
206.0
2.060.3
318.6
500.0
N assau ..................
974.1
0,141.6 1,000,0
0,301,1
009.7
900.0
Market A P u lton ...
903.9
282,4
4.004.9
154.0
4,839.8
Shoe A Leather...... 1, 000,0
9.952.0 2,713,7
940.0 11,884 9
Corn Exchange...... 1, 000,0 1 .200.8
0,737,3
005.2
5.657.0 1.413.0
387.9
Continental............. 1, 000,0
1.862.1
249.8
2,027,6
457.0
403.0
300.0
Oriental .................
1,300,0 251795 0
1.500.0 5.615.1 25.307.0 4.901.0
Importers’A T rad ’n
---------- 50,740.0
2.700.0
2 000,0 3,235,9 41.314.0 11,209,0
P a r k ..............
1.407.0
1.205.3
408.4
154,4
154.7
250.0
Bast R iv e r---2.492.1 37.700.2
Fourth. ................ . 3.200.0 2.030.2 26,000,5 4.538.0
1.007.0 10 010,0
510.0 11.977.0 3.032.0
C e n tra l.................... 1, 000,0
0,004.0
535.0
6.871.0 1.029.0
721.1
300.0
Seoond.......... .
3.200.0
235.3
2.641.1
998.3
287.5
750.0
N in t h ............
924.0 32,012 9
500.0 7.488.2 32.281.7 0.800,2
P i n t ...... .
1.404.4
1.474.9
255.0
339 9
50,8
N . Y. N a t’l E xch ’ge.
300.0
3.817.0
034.9
500.1
2.727.0
014.2
Bowery....................
250.0
3,866,8
716.6
357.8
3.211.7
200.0
450.3
N e w York County..
3.820.9
441.1
290.1
2 888.0
German Am erican..
277.3
750.0
4 lr3,6 30.989.3
1 , 000,0 1.129.0 29.344.0 0,210,2
8.912.9
807.4
7.057.3 1.604.6
Tilth A ven ue..........
100.0 1.170.1
3,302.3
180.6
794.0
575.9
2.168.6
German Exchange..
200,0
5.112.5
709.9
754.2
3.432.7
505,7
G erm ania...............
200,0
7.735.1
443.4
748.2
7.017.3 1.616.0
L ln o o ln ...... ............
300.0
0,008.0
6.542.4 1.080.9
512.9
867.0
Garfield.................. .
200.0
2.242.1
101,3
1.841.0
484.2
326.3
Fifth....................... .
200,0
5.779.5
490.2
862,2
4.717.6 1,223,2
Bank of the Mstrop
800,0
2.632.0
392.0
223.0
361.2
2.824.0
W est Side...............
200,0
1.023.0 10,835.0
384.2
8.830.0 1.246.0
Seaboard............. .
500.0
1.558.0
200.0
125.0
S ixth ...................... .
349.3
1.703.0
200.0
1.015.0 34,031,8
W estern .................
2. 100.0
767.7 24.618,9 7.183.1
5.600.0
954.0
008.2
4.714.0
1 187 0
f ir s t Nat. B ’k ly n ...
300.0
948.6 14.600.1 ! 3,411.3
496.7 15,722.6
Nat. Union B a n k ... 1 200,0
4.461.2
3.802.8
388.1
L ib e rt y ...................
500.0
835.9
030.0
8.715.2
4.105.2
358.8
701.0
223.7
N . Y. Prod. Exch’ge. 1 000,0
8.306.1
273.8
250.0
810.3
8.071.7
502.4
Bk.of N . Amsterdam

,

,

.

,
,

T 0 W tl....„............ 168,272,7 t7ft. 911.8 891.419.8 1584813

6 t.5 6 «< 782,729.3

heports o f Nou-Aew ber Hanks.— i'tw follow ing is tu e
•tatement o f condition of the non-member banks fo r th e
week ending Nov. 26, baaed on averagea of the daily result*

We omit two ciphers (00) in all cases

1145
D e p o s it . 1o i t h

Loans A
Leg' 1
I n v e s t - S p e c ie . & B ' k
m e n ts .
N o te s .

C le a r 'q O t h e r
A g e n t . B k s .A c

$
$
$
2.417,2 216,5
49,4
15,2
729,5
80,2
1.897,0 127,4 112,0
1.295,9
50,5
82,2
099.6
64,0
15,7
500.0
53,0
18,0
715,7
22,0
60,2
1,210,0
44.8
73,5
2.04S.S 201.0 100,0
526,2
45,7
30,4
82,0
1,101.0
84,0
1.441,7
63,8 123.9
874.8
17,9
91,5
054,7
12,8
96 1
1,379.0
51,0
88.u
701,3
9,2
34,7
1,011,0
73,0
37.0
17.6 12M.4
1.150,7
92,8
778,6
26.8
2,024,6 109,5 240,7
97,2
1,155,6 107,5
1,887,3 231,9 220,0

$
234,0
158,5
1«7,0
254,1
155,5
87,0
52,6
90.0
153,7
20,3
167,0
67,0
212,4
100.9
33,2
64,4
129.0
110.7
37,5
126,0
91,0
112,3

31.0
80,2
150,0 105,7 1,023.2
18.4 126.1
100.0 114,8 1,437,5
74,7
42,3
300.0 100,0 1.108,0
257,0
12.8
20.5
100.0
35,1
515.3
100.0
50,4
27,6
23,0
57,3
34,0
847,5
200,0 109,0
34,7
0<f0,4
24,4
150,0
59,3
252.0 423,1 2,184,4 282,7 259,8
Mannfact’rs’
500.0 389,8 2,246.1 110,8 125.0
M echanics..
49,8
45.7
840.6
Mech’s’ A Tradr’s' 100.0 188,5
Nassau National. 300,0 500,9 3,871.0 180.0 173,0
2,180.0
187,0
371,0
300.0
557.0
National City......
756,1
10,0
60.2
North Side............ 100.0 111.1
41.4
33,6
822,0
100.0 105,8
People’*..........
1,820.1
51,8
93.9
100.0
124,5
Queens Co. (L .I
20.0
18.8
100.0
57,1
466.7
Bohermerhorn.
8.4
39.0
402.7
100.0
05,5
10,0
200,0 210,1 l,0i>9 5 100,2
370,8
11,4
29,7
100.0
51.3
45,4
2-6,9
7.2
14.5
Union... .......... . 100.0
504,9
14,4
40.2
32,4
100,0
W allabout...........

150.7
145,7
229.3
49,5
42.9
152,1
87.4
010 3
151.2
128.8
533,0
450.0
217.6
55.1
338.6
143,3
05,9
200,0
123,d
40,5
50,2

BX

C a p ita L

NHB.

(00s omitted.)
N i w Y o r k Ci t y .
As tor P lace...........
Colonial...... .
olum bla..............
Eleventh W a rd ..
Fourteenth Street.
Franklin National,
la n se v o o rt.
Hamilton....
Hide A Leath. N a t
Home....................
Hudson R iv e r ----Mount M o rris......
M utual.................
Nineteenth W ard.
P la za ......... .........
Riverside.............
State......................
Twelfth W a r d ....
Union Square......
Vorkville ...........
Astor N a t’l B ank.
Br o o k l y n .
Bedford. .............
Broadw ay............
Brooklyn..............
Eighth W a r d ......
Fifth A v e n u e ...... .
F ulton................. .

*

250,0
100,0
300,0
100.0

100,0
200,0
200,0
200,0
500,0
100,0
200,0
250,0
200,0
100,0
100,0
100,0
100,0
200,0
100,0
200.0
100,0
300,0

S u rp lu s .

*

302,3
05,9
189,4
119,5
53,8
H,0
26,3
85,2
100,2
84,1
189,3
93,1
113,2
25,4
110,5
101.7
84,4
150,8
47,1
301,8
128,6
8,7

N et
D tp o s it s .

$
$
105,0 2,722,7
843,3
2,0 1,945,0
1.571,3
872,3
409,0
20,7
574,8
1,247,0
1,587,8
29,2
547,9
1,174,0
350,0 1,921,5
912,0
1,8
9
842,3
1,304,8
690,9
251 0 2,021,0
177,9 1,010,1
181,8 1,023,6
2,451,6
50,0 1,295,0
1,977,4
85,0

91 0
13.0
2,5
23,0
127,4

1,195,9
1,563,3
1,288,0
234,5
488,8
780,1
093,0
2,908,1
2.183,0
941,9
3,858,0
2,956,0
947,0
880,3
2,224,4
507,1
4 43,0
1,000,0
451,0
233,1
664,4

103,5 216,3 594,2 909.9
90,0
53,3 187.0
79,9
61,7
51,0 208,9
64.8 104,0
30,8
47.0
100,4
32,0 111.2 267.9
40,4
35.4
eo.5 54,8
21,9
34,4
73,2
0
21,2
93,2
21,7
....

8,351,8
1,050,5
1,101,3
840,5
1,016,2
807,0
483.1
673.9

145,4
12,0
32,5

71,2
73.0
2^5.0
8 >0
5 *.2
72.2

Ot h k r C i t i k s .
400,0
250,0
250.0
200.0
110.0
Id Nat.. Hoboken. 125.0
25,0
Bank of Staten Isl.
100,0

704,4
521,1
381,5
190,9
417,0
83.1
44,2
71,0

4,228,1
1,903,4
1.350,5
857,6
1.028,7
810,5
397,0
592,1

Totals N o v . 26.. QeOrs.o 8.537.Q 6 2 5 8 4 , j 7,418.3 4 J 4 9 . ' 8 ,2 2 7 ,6 3 .7 79,4 6 9 5 8 3 ,6
Q,0 / 2 ,0 8 5 1 7 ,9 6 2 5 b 7 ,b 3 ,4* 5 ,9 4.198.1) 8,403.6 3 ,4 5 8 5 6 9 ,1 0 2 ,5
0 ,0 1 2 ,0 8 5 3 7 .9 62 3 0 8 .4 1*357.4 4 ,2 6 5 .0 9 *1.17,7 [2 ,8 7 6 ,6 6 6 .6 4 8 ,6

— Attention is called to the offering of $500,000 Georgia &
Alabama fifty-year five per cent bonda. F a ll particulars re­
garding the property, its debt, earnings, etc., w ill be found
in the advertisement on another page. The Georgia &
Alabama, as may be seen by reference to the map of the
system in our I n v e s t o r s ’ S u p p l e m e n t , is the short line be­
tween the two important cities of Montgomery, Ala., and
Savannah, Ga. The business of the company has shown a
steady expansion. The bonds are offered at par and accrued
interest.
Auction Sales.—Among ocher securities the follow ing, n ot
regularly dealt in at the Board, were recently sold at auction,
By Messrs. R. V . Harnett & Co:
Sh ares.
100 A m e ric a n E x c h a n g e N a t .
B a n k ............................... 172 Lj

S h a re s .
50 M e rc a n tile N a t . B a n k . . . 179
30 E a s t R iv e r N a t. B a n k ...1 3 8

By Messrs. Adrian H. Muller & Son:
Sh ares.
N ia g a r a F ir e Ins. C o ___ 180*4
R u t g e rs F ire In s. C o ___ 80
N a t B utob. & D ro v. B k . 75
Meoli. B k. o f B k ly n .204-203
H o lla n d B ’ld in g A s s o o ’n 50
S a ra to g a A S ch en ectady
R R . Co . . . .................. 170
5 P h e n ix N a t io n a l B a n k .. 97
5 M erc h a n ts’ N a t . B a n k . .. 1 5 5 *4
4 M ech anics’ N a t . B a n k .182*4
3 F a rm e rs’ L o an A T r.C o .1 01 0
4 P a te rs o n A R am . R R .C o .2 00
7 P a te rs o n A H u d . R R . Co 200
07 W e st. C a r Co. ($9 p a id in
red action o f o i p i t a i ),$ l p.sh.
34 N e w A m ste rd a m
G as
Go., c o m m o n ................. 2 8*4
27 N e w
A m ste rd a m
G as
Co., p r e f ....................... 67
35 M e rc an tile N a t . B a n k . . . 179
31 F o u rth N a t io n a l B a n k .. 178
40 N a tio n a l P a rk B a n k .......360
15 W a r w ic k L iq u o r Co. o f
T acom a, W a s h ...............
5
00 A tla n . C oast E lec. R R
19
30 Im p o rte rs ’ A
T rad e rs*
N a t io n a l B a n k .......470-471
4 A m e r. E x . N a t . B a n k ... . 17 3

11
20
28
120
10
2

Shares.
12 M eroh .|Ex. N a t. B a n k .. .121
102 M a u b a t t a n C o .B k .2 3 2 78-234
43 N a t io n a l
B a n k o f the
R e p u b lic ............. 1093t-17O*a
200 M a n u fa c t u r e r s ’ N a t . B k .
o f B r o o k ly n ....................235
0 C h e m ica l N a t. B k . .4 1 0 0 -4 1 1 0
4 0 H o lla n d T ru st C o ........ 50-51
100 U n io n T y p e w r it e r Co. 1st
p r e f .................................. 1 0 1
1 C lin ton H a ll A ssoo’n . . . . 71
10 B a n k o f A m e r ic a ........... 388*8
5 0 N in th N a t io n a l B a n k . ... 8 0 *3
12 O hio A In d ia n a G a s C o ,. 52
1 G e rm a n -A m e r io a n B a n k

of Brooklyn..................100
38 S ta n d a r d C o u p le r 8 % p f. 103*2
5 A m e r ic a n S urety C o .......174
Bonds.
$22 50 N e w A m s t e rd a m G a s
Co., com. s o r ip ...................... 2 5*«
$75 N e w A m ste rd a m G a s Co.
pre f. sc rip ............................ 83
$5,000 N e w A m ste rd a m G a s
Co. 1st con. 5s .....................102*«
$ 5 M ) N e w A m s t e rd a m G a s
Co. 1st con. 5% bon d sc rip . 100

ganhtug and jjfiuauciat.
Spencer Trask & Co.,
BANKERS,

27

Sc

29 P I N K S T R E E T ,

NEW

YORK.

65 S ta le S tre e t, A lb a n y .

_____________I N V E S T M E N T

S E C U R IT IE S -

O bobok B a r c l a y M o f f a t .

M

o

f f a t

A lk x a n o k k M . W h it b , J k -

&

W

h i t e

,

BANKERS,
No. 1 N A S S A U S T R E E T ,
IN V E S T M E N T

-

NEW YORK.
S E C U R IT IE S .

1H 6

TH E

C a n k e rs '

0 5 a£ctte.

D i n u K N in i.
P er

N am e o f G & *p a n *.

C ent.

It At 1r o a d * { * l c a m . )
Ho* to si 4t

4

Ch-lr. Ae SortJi W o*!., com.

**

{'•ref. (qttJ&r.>I

SMier?) o t K. II. ««•*«•*«...«••*•* j
ilx «\
L m i c X iA u i i ( q t t i r 4 . » . « . . . « - . L o w r ll A A j&<1o v * t „ . . .. ..— . . .

Wtim. & BnlU nw h' .. . . ..
{V n k S i l A; laumfor t Falls

U:

1 »*
2 <*
Jt

4
-4

Jiui.

OlH>.
IDbc.
IJoc.

Books closed.
(D a y s in c lu s iv e .)

SDflCi 3

to boo. 1 0
6 Dee. 11 to be e 21

t o -------

15 ■
15 bee.

6 to Dec. 15
1 to Deo. 9

10 bee.

1

UrO.
Jan.
D «.

3

D ie .

31 Dec. 17 to Dec. 20

Deo,

1 Nov. 26 to Nov. 30

M r r r l U n l l u n\».

Cijiea^wCUy Hy. tnU Ar.),... . . . . .

When
Vayobit.

Hunk*

Bt&k o t tie M o tro p o li*............ '

W IL L

20 Deo. 9 to Deo. 20
29
Dec.
Dec.
Dee.
J an.
Dec.
Dec,
1*eo.
Dee.

1
1
11
11
13
15
10
11

15 ■

to
to
to
to
io
to
to
to

Deo.
D ee.
Deo.
Jan.
Dec.
Jan.
Jan.
D ec.

5
15
15
16
22
6
1
15

to
to

S T R E E T , F R I D A V . D E C . 2, IS 9 S .-5 P. H .

Ho Mono) Market and Financial Situation.—There has
b.-.-n uo nnjiortau! change in the general conditions govern­
ing ftreuniy markets this week. There was a steady demand
from day to day for investment Lanes, both bonds and stocks,
the result of which is higher prices for all classes of securi­
ties In the 't orsi department Government 3s made a new
high record. Virginia fund, debt 2-3s of 1991 advanced to
! 1 j i«t n i« above their previous highest quotation this year,
an'i some issues of railway bonds also advanced sharply. It
is evident that there has been absorbed and taken out of
the market considerable quantities of interest-paying securitj.-s during the last few weeks, and the demand at this
writing shows no sign of abatement.
line feature of the week at the Stock Exchange was a
largely increased activity in some of the speculative indus
trial shares. Business in this department, whiah has been
relatively doll for a month or more, seems to be tak­
ing on new life, and the usual erratic movement in
prices is Doted. Another feature which attracted attention
whs lower rates for exchange and the engagement of gold in
Ion for shipment to this country. The money market
conditions at home and abroad do not favor such a move­
ment. however, and it does not seem likely that gold in any
considerable quantity will come this way at present.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from 2 to n . percent. To-day’s rates on call were 2 to 2 >^
per cent. Prime commercial paper quoted 3V£ to 4 per cent,/
The Bank of England weekly statement on Thursday
showed a decrease in bullion o f
30, and the percentage
of reserve to liabilities was 40-30, against 54*60 last week; the
discount rate remains unchanged at 4 percent. The Bank of
France shows a decrease of 3,400,000 francs in gold and
in silver.
The New York City Clearing-House banks in their state­
ment ill Nov. 20 showed an increase in the reserve held of
|70-t,.>'Xi and a surplus over the required reserve of $18 357,373. against 410,667.375 the previous week.
1698.

D if f e r e n 's f P m
f r e e , w ith ,

N o t . 26
*

58.272,700
75,911,200
B o n d i * .............
b >uM tk ilUo'nt* 691,419.‘ 00
Olrculatlon....... i <1.330.900
W*% d ep M ilf.
7S2.720.3OO
...... 156,481,500
[^ . . 1 swollen___ 55.55S,400
K **vrro M S ...... 214,039,91 0
t » x * i foaenra.... 195,082,325
Sarylo* rm erve

1897
N o t . 27

$
59,022,700
74.140.100
504.207.500
10.009.100
659,KOI,500
104.150.500
83,375,800
704,300 187,528,300
B25,B(;0 104,965,371

1896
N o v . 28.

..............
____ _____
Dec.2,315,400
I no. yr.n.Hoo
D M 3.703,600
Deo. 872,100
Ino. 1,036,400

*
60.772.700
73.748.700
403.818.200
20,218,000
400,634,300
70,013,000
77,457,200

Ino.
Doc.

154.070.200
122,058,575

*

18.397,575 1110.1. .190,200

22.500,925

31,411,025

Foreign Exchange.,—Rates for foreign exchange declined
early in the week to the lowest quotations recorded during
r-<cnt months and some engagement* o f gold for shipment
to New i ark were made in London. On Thursday the mar­
ket was firmer.

im «n t»ry commercial, sixty days, 4 ttOH'&Ttji"•
grain for payment, 4 8l(«t4 s i ' , cotton for payment 4 .*014®
4 Pi. y ; cotton for acceptance. 4 80Ji@4 81.
** ~
fa * . 2
t>ftok«ra*
n t o # nowjrifpmlftl.........
Ifcrt*
W V U U a .irtp T

S ix ty days.
o a 1 s>ndon.

i fr * n r « i .......... .
...............
t c I. I,iunrk«i b*»nr#

4
4
4
5

The follow ing were the rates o f domestic exchange on
New York at the under-mentioned cities to-day: Savannah,,
buying 1-16 discount, selling 70c. per $1,000 premium; Charles­
ton buying 1-16 discount, selling 1 16 premium; N ew Orleans,
bank, par; commercial, 75c. discount; Chicago, 5c. per $1,000
discount: Hi, Louis, par.
United States Bonds.—Sales o f Government bonds at the
Board includt $30,600 4s, coup.. 1925, at 127>4 to 127%; $30,000 4s, reg., 1935. at 12 7 % to 127%; $10,000 4s, coup., 1907, at
1121 h to 112%: $25,000 5s, coup , at 112%; $6*3 200 3. reg., at
105; . to 106%; $556,0003s, coup., at 105%to 106and$6,830ditto
(small bonds) at 105% to 106. The follow ing are the daily closing quotations : for yearly range see seven th page following.

3 5*0V, 30 t o ---------to -----------

tf |w > M a o n n u * .

At»e;UroJ» S teel CnftUttjt, prftf .. | 3*9 boo.
C*Stiusct A H t«?b Mti-smr ( goat .) I $10
Doc.
1
I'iis 3.'.-■ i • srpfcwa© itooutlily) .
b oo.
CuamUdated (> m , K. Y. tquar i
Deo.
2
C ob .K .C
Het g ,OOU»cqu.)
m boo.
**
**
p rc M q u a r)
ii» Jan .
£17 SO Deo.
G « acral EtMtrlCt p re f........... .
3
Jan .
KsJckpflMJpiior lct>» prof.
U w iw 'p CtmittL Store Service ..
4
Jan .
P i f i s « ‘ C v ^ s , o * m . . . ................
1
Deo.
I’ltH ter & Uatuble, com. (extra)
3
Dec.
$ o »tb rm O n uos O il...............
2
Dec.

[V ol. LXVII.

C H R O N IC L E .

Dem and,

82 3 4 82>s 4 8 5 k > »4 86
8 0 % 9 4 81
80>4 8!4 81
2 4 ^ m a 2 4 % 5 2 H 3 10a 217.
4 0 a 4 o i, .
04>#'*94S|fl
0 4 ist4« 8 4 » a

In te r e s t
P e r io d s .
2 a.........................rep.

N ov.

Nov.

26

Nov.

28

29.

N ov.
30

Dec.

D ec.

2.

1.

Q. -MoR.

98% * 987a 1 98% *■ 99% * 99
3b, 1918........... rep. Q - F e b . ‘ K'5% 10r>78 *105% ’ 1 0 5 7g 106%
3fl, 1 91 8 ...........coup. Icl - Feb. 105% 105% 105% 106
306

3s. 1918, sm a ll.r e g . C
Q.L -F e b .

_ .-F e b .

105

4e, 1 9 0 7 ........ ..re g . Q. -Jan. ' 1 1 1 %
4 8 ,1 9 0 7 ........ .coup. Q .- Jan. ' 1 1 2 %
4 b . 1925 . . . .
- reg. iQ .-F e b . '127%
4s, 1 92 5 ........ .conn. Q .-F e b . '12738
5s, 1 9 0 1 ........ - r e g . Q .-F e b . *112
5s, 1 9 0 4 ........ .coup. Q .-F e b . 1 1 2 %!
6a, ou r’cy,’99 - .reg. J. <fe J *102 %
4s, (C h e r .)1 8 9 9 . t o r . March
*102 %l

99
106

106

105% 105%' 105% *105% i05%
111% ‘ 111% *xlO% * 110 % 11 1
112% 112% * 112 % 112% 112
127% ,*127% 127% 127*8 127%
127% ‘ 127% 12 7 % 1270s 127%
13 2 % *112% *1 1 2 % * 112 % *1 1 2 %
112% ' 112% *1 1 2 %l *112% 112 %

%

* 102 % * 102% 102 %

102% ,*102% * 102%

‘10 % 102 %

'This la tae ortoe bid at the morning board; no scat was made.
State and R a ilro a d Bonds.—Sales o f State bonds at the
Board inclnde$65,5l 0 Virginia fund, debt 3 3s o f 1991 at 80
to SILL $90,000 V irgin ia 6s deferred trust receipts, stamped,
at 7, $3,000 Alabama claes C at 104 and $600 Tennessee set­
tlement 3s at 93}^.
The rail way bond market has been firm throughout the week
and changes are generally to a higher level. Transactions at
the Exchange averaged about. $3,800,000 par value per day
including a large proportion of low-priced issues.
Of the
special features Oregon Short Line income A 5s and income
B trust receipts were conspicuous fo r an advance of 6 and ■)%
points respectively, and Colorado Midland 3-3-4s and N ew
York Susquehanna & W estern general os advanced |j4 to 3points. The active list includes Atchison, Baltimore & Ohio,
Missouri Kansas & Texas, N e w Y o rk Central & Hudson,’
Northern Pacific, Reading, St. Louis & San Francisco, St.’
Louis & Iron Mountain, St. LouiB Southwestern, Southern
Railw ay, Texas & Pacific, Union Pacific, Union Pacific Denver
& G ulf and Wabash bonds.
Stuck and Bond Sales.—The f i i owing shows the volum e
o f business in stocks aud bonds on the N ew York Stock
Exchange for the past week and sine? January 1.
S a le s
.— W e e k e n d i n g D e c . '2.—
W .Y . S to c k E x c h .
1893.
189 7,

Q o vem m en lbon ds
State bonds...........
E H .& mlsc. bonds.

*55'),430
133.100
22,325,000

$131,450
225,400
14,938,700

,-------- J a n . 1 l a D e c 2 _____
1898.
1897
$32,469,480
S 9 S 5 l'2 5 0
8.041,200
1 722'60O
771,301,410
470j988|81O

T otal . . . . . . . . ■ $23,014,830 $15,205,550 " $790,802,000
$491,557,600
Stocks—N o.sh ares
2,780,689
1,841,977
98,415,486
71 05” 2 1 V
P a r v a lu e ....$260,110,150 $132,302,300 $9,439,399,025 $ 0,92l’ 987’ 600
Bank shares, par val.
$5,450
$7,540
*185,410
$346’ l l O

We add the follow ing daily record of the transactions: ’
W e e k e n d in g
D ec. 2,
1898.

.--------- - S t o c k s ---------- ,
S k a re s .
P a r v a lu e .

Saturday..............
M o n d a y ...... .. ..
Tuesday................
W edn esday....... .
T h u rsd a y ............
F riday...................

226,100
508,021
574,277
4 28,130
470,815
528,274

$21,548,900
49.293.850
Si-', 501,800
40,106,350
46.440.850
52,157,900

T o t a l . . . ..........3.730,950 $298,110,150

R a i l r o a d , e tc .
B onds.

$2,078,500
3.749.000
3.840.500
3.419.500
4.807.500
4.924.000
$22,320,000

s ta te

Bonds.
881,500
13,000
22.0UO
13,000
...........
53,000
$133,100

U. 8 .
B onds,
$72,000
74,200
192,220
00,150
181,000
20,800
$559,430

ih e sales on the Boston and Philadelphia Exchanges were:
'
L is te d
sh ares.
Saturday ...27,736
M onday .,,.54,373
Tu esday ...37,332
Wednesday. 52,201
T h unday. ..45,136
F riday .....3 5 ,0 0 0
T o ta l....381.80S

- Boston..---------------B o s t o n .------------ ---------- P h ila d e lp h ia .----------*
U n lis te d
Bom b
L is te d
U n lis te d
B ond
sh a rest
s a le s .
8h a r e s .
s a le s .
2,448
$37,375
12,271
$07,22
5,018
101,350
21,251
81,550
21,188
198,850
18,104
192,042
B,974
48,450
80,184
201 GOO18,023
305,900
S I, 720
259 805
40,000
65,0u0
28,531
290 120’
06.649

661,425

139.885

151,131

1,092 4 0 *

Railroad and Miscellaneous Stocks.—On a volume of
business averaging nearly 500,000 shares per day, the stock
market has been generally firm, with a notable advance in
some issues.
The market was irregular and somewhat r e ­
actionary to-day under sales to realize profits; and the best
prices of the week, as mentioned below, have not been main­
tained in many cases. Arbitrage houses were active, the trans­
actions mclnding both purchases and sales, and indicating a
specula,tl\ c interest. The trans-continental shares have been
conspicuous features. Central Pacific, on an unusual demand,,
advanced over 6 points and Union Pac. issues about2 points.
The anthracite coal stocks have continued strong on rumors
of a Prospective favorable policy in the coal industry. Louisi die & Nashville advanced to the highest quotation recorded
m reeen t years mi its improved traffic reports. Baltimore &
Ohio preferred ( when issued) and Southern Railw ay preferred
x'rTrfnCw «#p0mn -OTt/11i0r,r- T he, grangers were strong except
^ ° V \ " rst: w ^lc*' declined when announcement was made
that, the dividend rate was not increased. Metropolitan Street
Railw ay was » strong feature, advancing 6 0 points.
Speculation is again active in the industrial stocks. Transactions in American f?ugar Refining have been heavy and it
advanced nearly 8 points. American Tobacco fluctuated,
over a range of ■.,% points. United States Rubber shows a
gain of 1 points on the increased demand for rubber goods
b ederal Steel issues were strong on the large steel rail con­
tracts and National Linseed Oil on reorganisation^^prospects.

THE CHRONICLE.—STOCK

Dec. 3,1898.]

PRICES

(2

pages) P age 1.

1147

New York Stock Exchange— A Daily, Weekly and Yearly Record.
8 T 0 0 Z 8 — H IG H E S T A N D
S a tu rd a y ,
N o v . 26.

M onaay,
N o v . 28.

Tuesda y,
N o v . 29.

LO W EST 8 A L B

P R IC E S

W ednesday T h u rs d a y ,
N o v 30.
D e c. 1.

STOCKS.

F r id a y .
D ie . 2.

N. Y . STO CK E X C H .

R a n g e f o r y e a r 1898.
Sa les
o f the O n basis o f r o o -s h 're lo ts
Week.
L o w e s t.
H ig h e s t.
S h a res

R a n g e f o r p r e v i­
o u s y e a r ('1897;,
L o w e s t, jH ig h e s t.

R a ilr o a d S to c k s.
•185
•14
39
16«
404
584
45*
74*
•7
•106

1183 Jan 4 180 Feb 3 170 Feb
11 A p r 21 15 Feb 8
9 Jan. ‘ B B S .
350 34 Jan 4 4 0 *F e b 7 2 2 * A p r 40 A n «
28,429 1 0 * A p r 21 17 Nov 21
9 * A p r 17 Sep,
104
47
Do
pref 177,502 2 2 *M a r 12 4 ? *N o v 22 17 A pr S 5*Sep
474
454
4074
59*
5 9 4 r>alt.AO.,tr.rec.all ins.pd 19,503 * 1 2 * Jan 25 5 9 * N o v 29
9 J’ly 2 l* 8 e p .
5 6 * 5**H
574
15,225 31 Oct 10 40 Nov 28
46
D Do new, when Issued
44
454
454
Do pref., when issued. 12,202 68 Oct 12 7 5 * N o v 10
74
74*
75*
74*
744
4,382
•04
7
7
7
7 *F e b 3
4 * Nov 10
74
74
74
m
1105 Mar 9 1 06* Oct 19
•100
•100
•106
•100
2 4*9ep 28 2 8 * A u g 22
77,972 35 Mar 12 7<)*Dec 2
0 8 " 684 ■m 3 684
07"
684
0 7 * 084 1 5 5 '7 6 4
60* 974
• 2 7 * 35
•2 7 * 35
25 Mar 12 34 Sep 7
• 2 7 4 35
•2 7 * 35
•2 7 * 35
*274 35
25 02 May 0 7 0*Sep
Do
pref.
•064 75
•6 0 * 75
• 0 0 4 75
17"4 704
•0 6 * 75
•064 75
§05 Mar 10 §78 Oct 19
•85
•85
Bari. Cedar Rapids A N o ..
•85
•85
•85
•85
10 72 A p r 21 9 0 *Jan 20
anadian Pacific.......
•85
86
•844 85
854 •85
854
•85
8 54 854 •854 80
93
anada Southern......
4 4 * Mar 12 5 7 *F e b 5
5 4 4 54*
•54
55
154* 544
55
544 544
5 4 4 5 4 4 155
3,204
8 3 *O c t 17 98*.l an 7
9 2 * 924
93
93
93
9
3
*
9
3
4
93
9 3 4 94*
9
4
*
944
02,800 11 A pr 23 3 4 * D “C 2
3 2 4 844
28*
28
81
33*
294 304
27H 28
284 3 0 *
34,506 l7 * M a r 20 20 Aug 17
24
24*
2SX 234
234 2 4 *
23* 214
334 23*
934 2 4 4
2,814 §150 Mar 14 167 Nov 14
1924 102 1924 161
102 162
L01
164
160* 163 1634 Chicago A Alton
10 §100 Mar 24 §175 Nov 28
1175 175
•175
pref.
Do
1194 1194 1 1 9 * 120* 1 1 9 * 120* 1 1 9 * 1 19* 1 1 9 4 1194 1 1 9 * 1 1 9 * Chicago Burl. A Quincy... 45,798 S 5 *M a r 20 1 2 0 * Nov 29
3.07O 49 Ap r 19 60 J’ne 1
•00
60« 61*
59* 5 »*
0 0 * 01
004
5 7 4 5 9 * Chicago A East. Illinois...
5 3 4 594
1,340 102 Jan 7 1 1 3 * Feb l
111
111
Do
pref.
111
1 1 0 * 1 10* 1 11* 111*
1 11 * H I * 1 1 1 * 1 1 1 * §111
23,215
15*
9 * F e b 24 18 A u g 22
15
15
15
15*
1 4 * 154
154
15*
144 1 5 * Chicago Great Western..
144
2.269 7 1 * J ’ly 15 7 8 *D e c 2
78
Do 4 p.c. debentures
7 5 * 754
7 5 * 77
76* 774
7 7 4 784
78* 78*
784
3,240 28 Mar 15 4 9 *N o v 10
48
48
Do 5 p.c. pref. “ A ” ..
48
48*
48* 484
48* 434
4.34 484
484 4 3 *
3,150 20 Ap r 21 32 Nov 10
994
29M W i
30
Do 4 p.c. pref. “ B “
31
2 9 4 304
3 0 * 304
2«4
314
314
907
9
7 Feb 24 11 J’ly 27
•8
194
§0
8
84
«*
94
84
04
8 4 Chic. Indianap. A Loulsv..
84
2,682 23 Apr 16 S 8 * J ’ly 27
3472 35
32
84
35
36
Do
pref.
3 4 * 35
354 3 6 *
354 3 0 *
1 1 3 * 1 1 3 * 1 1 3 41 1 44 1 1 4 4 1 1 5 4 1 1 3 * 1 14* 1 1 4 * 114* 1 14* 1 1 4 * Chicago Mllw. A St. P a u l.. 115,005 8 3 * A p r 21 115 Sep 8
590 140 A p r 25 103 Oct 27
•1 0 2 * 105
163 103
1162* 1 62* 1164* 1 04* 103 108 §162* 1 0 t *
Do
pref.
141 141* 1 4 0 * 141
1 39* 140* 1 3 3 * 1 3 9 * 139
139* 1 8 9 * 140^ Chicago St North Western. 15,455 1 13* Mar 12 142 Nov 22
19 163 Jan 3 19 1 * N o v 16
190
189
1189* 189* §184 184
Do
pref.
1185 185
•180 189 •184
1083$ 1 0 8 * 1084 1084 108 1 09* 1 0 7 * 1 0 3 * 1 0 3 * 108* 108
1084 Chicago Rock Isl. A Pac.. 49,807 80 Mar 25 1 0 «* N o v 22
4,907 65 Mar 12 8 7 * N o v 23
87
85
87
8 4 « 854
85
85
854 Chic. St. P. Minn. St Om...
894 894
854 894
170 •164
1148 Jan 5 170 Nov 17
•105 170 •105
170 •104 170
Do
pref.
*104 170 •104 170
1,092
§8
9 * Mar 3
4 *J a n 3
8
8
10
8
8 4 Chic. Terminal T ran sfer..
•8
9
9
•8
574
2,115 2 2 * Jar
324
3 3 7 * A u g 29
324 324
Do
pref.
3 1 * 32
3 1 4 3 2 * •3 1 * 3 2 4
324 3 2 * •31
3,200 25 Mar 12 4 7 * Aug 16 2 1 * J ’ne 4 l* 8 e p
42
4 1 * 414
4 2 4 •41
41*
414 424
4 1 4 4 1 4 Cler. Cln. Chic. St St. L—
414 4 1 4
7 7 *M a r 9 9 0 * Aug 10 63 J’ne 8 6*8ep
Do
pref
3,220 11*.Mar 26 1 9 * Jan 12
1 5 * 154
15* 154
154 1 5 *
154
1 5 4 Clev. Lorain St Wheeling..
154 154
1 3 * 154
400 43 Nov 26 5 3*Sep 8 "3 9 “ Nov 4 9 *D eo
43
43
45
44
43
43
43
Do
pref
•41
45
47
•40
•172
•172
•172
Cleveland St Plttsb., guar.
170 J*ne 7 §174 Aug 8 101 Apr 108*Sep
•172
•172
•172
170
7
§7*
8 *S e p
5 * J ’ne 23
•7
7
•04
7
17*
74
16
0
7 4 Colorado Mid., vot. tr. ctfs.
74
2,900 14 J’ne 23 2 0 * N o v 29
19
19
19
Do pref. vot. tr. ctfs.
20
2 0 * 204
194 194
19*
194
1184 184
1,395
6 * Nov 26
8 * Dec 1
8 4 Col. St Sou. (when issued)
74
84
0*
«*
74
8*
84
Do
1st pref. (w. i.). 10,497 4 3 * N o v 23 49 Dec 1
4 8 * 49
4 7* 48*
48
48*
47* 48*
40* 47*
15,071 1 4 * Nov 22 19 * D e c 2
157* 1 0 *
1 8 * 19*
Do
2d pref. (w. 1.)
15
1 6* 10*
10
10*
10* 18*
1 5*
8,345
4
4 Col. Hocking Val. St T oL ..
•3
l* A p r
4
2 * Nov l
♦3
4
8 * F e b 10
3*
3*
4
5*
•
572 10 Dec 2 25 Feb 9
21
10
10
14 Aug
Do
pref
........ 21
17
1*9**
7,881 93 Nov 21 11 4 *F eb 3 9 9 * A p r 1
99
99*
elaware St H udson. ...
9 9 * 1 00 * i o o * 1 00* x 9 9 * 1 0 0 * 1 0 0 * 100*
99 100
1,025 140 Oct 19 159 Feb 5 140*M ay 1
•144 145
1144* 1 44* 144 144 •144 145 I 145 145
el. Lack. St W estern..
145 145
2,080 10 A pr 20 l0 * N o v 17
9 *A p r
115* 1 5 * Denver St Rio Grande. ..
15* 15*
1 5 * 157*
10
16*
• 1 5 * 10 *
13,000
40 Apr 21 0 3 * N o v 29 30 Apr
0
2
*
0
8
*
Do
pref
62* 63*
02* 03*
02
02*
6 1 * 02*
0 ** 02*
7 Apr
Des Moines St Ft. Dodge.
• 1 5 * 1 6 * *1 5 * 1 0 * ►15
8 * Apr 21 20 J ’ne 10
•15
1"
1 0 * *15
1 0 * •15
17
8*
•2 *
•2*
3*
3 Sep 20
2 *A u g 5
8 Apr
• *
3*| * 2 *
a
•«*
3 * Dul. So. Shore St A t l......
•2 *
3*
3u*
5 Deo
8 * A u g 23
5 Apr 4
Do
pref
7*
*0*
7*
7*
•0 *
7*
•0 *
7*
*0 *
7*
• *
7,845 11 A pr 21 1 6 * Feb 4
1 3 * 13*
ll* A p r
14*
1 3* 14*
1 3 * 137^
1 3 * 14
13*
4,147 2 » * A p r 22 4 3 * Feb 11 27 Apr
37
•35 * 3 0*
87
Do
1st pref
_ 37*
3 7 * 3 7 *! 3 0 * 3 6 *
37
1,030 1 5 * A p r 22 2 1 *F e b 11
1 5*M ay
Do
2d pref
18* IS *
§18* 1 8 *
18* 18*
18* 1 8*
1 8 * 1 8 * *1H
18*
32
40
•31
Evansv. St Terre Haute .
20 J’ne
30
80
31
31
• 3 0 * 32 1 * 3 0 * 32
22 May 9 34 Sep 26
30
30*
55 40 Jan 18 70 Sep 24
03
•01
•01
03
Do
pref
28 Aug
101
01
•01
03 | » 0 l
03
03
•01
2,485 10 Mar 12 1 8 *N o v 28
19*
lint Sl Pere Marquette.
7 J ’ne
18*
18
18*
18
18
18*
18* 18*
18
18*
18
350 80 A u g 5 49 Nov 23
30 Mar
• 4 2 * 45
44
44
Do
pref
48
43
43
43
349 1 15 Nov 18 28 Mar "
20
Ft. W . St Den. C.,stamped
•1 0
20
20
‘ 10
20
7*J*ly
•17
20
•17
20
12 Nov
•1 8 4 14* •13 * 1 4* •1 3 4
Ft, Worth St Rio Grande,
10 May 19 1 6 *Jan 31
144
2.762 ♦122 J’ly 1 180 J’ne 30 120 Jan 1
1 3 8 * 1 39* 1384 1384 139 1394 1 3 8 * 3 0 4 1 3 8 * 131*; 1 3 7 * 138 f Treat Northern, p re f...
' Jre e n Bay St Western.
•30
130 Jan 7 3 2 * Feb 24 2 7 * A p r
•30
50
50*
28 4 0 * J ’ne 23 5 0 * Nov 20
Do debt certfs. “ A
4 9 * 50
48
48
50 Dec
254
8 *D e o
Do debt certfs. “ B
0
6
0 *D e c 2
0
0
0
3 * J ’ly 9
0
04
04
04
0*
0*
04
4.202 90 Apr 21 115 Sep 6 9 1 * Apr l
I lllnols Central.......... .
> 1 1 4 1 1 1 4 112
.12
1124 1 1 1 4 1 1 2 4 1 U 4 t i l *
1 1 1 * 1 1 1 * 112
•100
•100
•100
194 Feb 18 §101 Nov 16 88 Jan
•100
•100
L D o leased line, 4 p. o
•9 *
0 Apr
870
7 * M a r 18 1 0 * Aug 22
9
9
9
9
0*
94
“4
94
*9 4
9 4 Iowa C e n tra l................
9*
34
• 3 4 4 854 • 3 1 4 3 0 4 • 3 4 * 3 5 4
130 25 Apr 28 3 7 * Aug 16 28 J ’ne
134
35
Do
pref
35
§35
35
4 J’ne
320
6
•0
0 *F e b 2
5 * 0 ct 11
0
0
•0
104
•0
6*
04
» 4 17'anawha A Mlohlgan..
04
04
0,411 15 A p r 26 2 5 *D ec 1 1 7 *D ec
1 7 4 18
■Van. City Pitts. St Gulf
18
18
20
21
23
25*
184
194
1 9 4 22
*3
2 Feb
5
•3
4
4
4 Keokuk St Des MolneB___
•3
4
•3
5 * J ’ne 11
3 Jan 27
•3
•3
4
•13
Do
pref
15
•13
15
•13
15
•13
15
15 May 12 1 8 * J’ne 14 12 Mar
•13
15
•13
15
•29
32
•29
32 Feb
32
•29
32
Keokuk A W estern.........
30 J’ne 2 84 Jan 81
32
•29
•20
83
•29
32
1 Aug
900
•3
5
•3
5
•3
5
Kingston St Pem broke...
5 Nov 17
2 May 19
5
•3
•3
5
•3
5
832 12 Oct 10 2 3 * A u g 22
15
15
13 May
154 154 •1 3 4
ake Erie St W estern...
1 5 4 115* 1 5 4
15* 154
154
1,035 53 Oct 19 83 A u g 19 5 8 * A p r
06
06
05
00
64
06*
05
Do
pref
05* 65*
105*
0 4 * 65
•193
L95 1198* 1 9 3 * •193 195 •193 195 •193
5 1 7 0 * Jan 4 108 Aug 4 152 Jan 1
195 Lake Sh. St Mich. South.
L95 •103
48
148
50
38 Dec
Long Island............. .
883 40 Jan 20 5 9 * Aug 10
48
•48
52
50
•48
52
•46
150
50
02* 034
0 3 * 04H Louisville St Nashville... 105.024 44 A pr 21 0 4 * Dec 2 4 0 * A p r
0 2* 63*
024 03*
024 024
« ] * 02*
00,015 90 Oct 3 1 2 0 * Jan 14 8 1 *M a y 1
9 7 4 «84 \ T anhattun Hlev.,consol
9 0 * 904
98
98*
9 94 9 7 4
904 9/4
® 2* »7 *
175 1774 1 7 0 * 1 8 0 * 1794 181
48,111 1 25*M ar 20 182*D ec 2 9 9 *O c t 1
1784 1804 1 7 9 * 1 8 0 * 1 8 1 * 1 82* iLLetropolltan Street
0 Aug
•5
•5
•5
Mexican Central.......
0 *J a n
8
•5
4 * J ’ne 15
•5
•5
5*
54
5*
54
34
1 Nov
1
1
l* M a y 2
1
1 Mexican Nat’l Xr. r e d s..
1 Feb 10
1
•4
'*
1
•4
•4
•*
•4
•108 110
Michigan Central............
150 9 9 *M a r 12 1 1 4 * Feb 8 90 Jan 1
•28
29
10 May
• 2 7 4 284 •27
•28
30
284 Minneapolis St St. Louis..
1,400 24 Mar 11 3 0 * Feb 15
29
28
29
•27
• 9 3 4 95
194
94
•93
95
•93
95
Do
1st pref
227 84 May 14 95 Dec 2 7 7 * Mar
95
•93
95
95
•00
•00
03
01
61
300 40 Mar 30 63 J’ne 8 40 Feb
• 0 0 4 0 1 4 •00
Do
2d pref
01
02
H1 4
0 Dec
•5
10
10
7 Mar 11
•5
•5
10 Minn. St. P. St 8. 8. Marie.
0 * M a r 11
10
•5
10
•5
•5
10
10 Apr
114
•12
2,190
1
2
4
Mo.
Kansas
St
T
e
x
a
s
........
10 Apr 13 14*Jan 26
1
2
*
12
1
2
*
114 124
114
124
114 m i
834 34%
3 3 4 35*
Do
pref. 14,090 2 8 * Mar 12 41 Jan 28 2 4 * A p r
8 4 * 85*
3 4 * 35
3 3 4 34*
3 4 4 344
36
30* 38*
3 7 4 374
37* 37*
3 7 * 38H Missouri Pacific............... 70,009 22 Mar 12 3 8 * A u g 11 10 May
304
954 304
18 J’ne
•27
284 •27
24 Nov 3 3 2 * Feb 7
284 .•27
2 8 * •27
284 •27
284 •27
2 0 4 M o b ile * Ohio......... ........
•175 177 •175 177 •175 177 •175 177 •170 180 •170 180
M o rris * Essex,
1107*Jan 4 5170 Oct 13,, 1 6 2 *J ’ne :
ash. Cbat. & St. Louis..
00 J ’ne 1 1 7 2 *N o v 211 70 Jau
9 2 *F e b
1 1 8 * 119
119 1 1 9 * 118 1194 i i 8
Y. Central A Hudson..
8,187 1U5 Mar 20 1 2 0 * Aug 8
1184 1 1 8 * 1 1 9 * 1 1 8 * 110
•18
14
1 3 4 134 •13
•13
1 3 * N. Y. Chicago A St. Louis.
150 l l * M a r 14 1 5 * Jan 31‘ 11 Feb
14
•13
•13
14
13*
07 A
•71
‘ “r
80
•71
80
•71
30
•71
73 Feb 19 76 Jan 31 ~~
Do
1st pref.
80
80
•71
•71
80
•84
37
•34
37
• 3 4 4 37
28 Mar 25 4 0 *Jan 29 24 Feb
Do
2d pref.
• 3 1 4 37
37
•84
•34
37
New York * H arlem .......
1320 Jau 5 §352 Oct 14 295 Feb
N Y. Lack. & W estern....
83 1120 Apr 20 1128 Nov 11 119 Jan
1944 1854 •194
198 •194
196 •193 196
23 !178*Jan 7 1190* Au 10 160 Feb
1196* 1 96* 1195* 1 0 5 * N. Y. New Haven A Hart.
1 2*A pr
104
0,565 1 3 * Apr 25 1 8 * Feb 2
10
16*
1 0 * 10% N. Y. O n ta rio * W estern..
194 1 0*
104
154 10
’«*
{00
00
•55
65
•55
05
00 Norfolk * Southern...... .
•55
65
43 0 1 Nov 26 65 Jan 28
•00
06
•00
•1 4 4
•14
16
10* •14
154 •14
16 Norfolk * W estern..........
1 1 * Apr 21 17 Feb 7 ” 9 " Apr 17*Sep
16
• 1 4 * 10
•14
55
55
5 54 5 5 4
554
5 4 4 614
Do
pref.
54* 5 5 4
554
10,425 4 2 * Mar 12 5 0 *F e b 7 2 2*M ay 4 8 * D e
65 H 554
40
404 40*
40%
4 14 42
40* 40*
404 4U* Nor. Pac. Ry., vot. tr. ctfs. 77,701 19 Feb 24 43 Nov 11 11 Apr 2 2 * Dec
414 42
0 1 *D e
7 5 4 76*
76
70*
75* 794
17,4 U | S 6 *M a r 12 7 9*Sep__ 6 32*Jan
7 5 * 70
Do
pref.
76*
754 70*
•14
•39
16*

15H
39*

15*
394
104
474
5w*
46
754
74

•185
•14
•384
104
40
584
45
744

15*
39*
10*

•14
•38
16

•189
•14
•38
10
16*
46*
454
584
58*
45
45*
74*
75
7
04
•100
15*

394

*189
•14
*38
104
16*
404
46*
59*
58*
45
45*
75
74*
154

39*

154

40

p ref.

Do

C

...

D

2

0

Erle"

F

L

N

754

• These are bid and asked prices ; no sales on this day.

O U T S ID E

S E C U R IT IE S

S tre e t R a il w a v e
Bid. Ask.
N B W YO R K C IT Y .
Bleeok 0t St Ful F—Stock.
3 3 * 37
1st raort 7s 1900.. JAJ 1 0 2 4 105
B'way St 7th A ve— 8tock. 2104 225
1st mort 5s 1904...JAD $104
106
2d mort 5s 1914..... JAJ 51114 114
Con 5a 1948— See Stock Exch 1 1
st.
fl’wav Surf 1st 5egu. 1024 115
117
2d os
as rental. 1905 $104
1054
Central Crosstown—Stook 255
l i t M 0s 1932...... M AN $118
Oen Pk N A E Riv—Stock 180
183
Consol 7s 1902...... JArt 1$111 118

(G

iv e n - a t

1 Less than 100 shares.

fo o t of

Street H a llw a y*.

7

t E x div and rights.

c o x s e o g t if e

Ask.
105
100
Exob l 1st.
185
165
$116
1104
102
101
355
348
108
360
74
7 «4
Bid.

Chrlst’p’r A 10th 8t-8too
Col A 9th A ve 5s-See Stock
Dry D E B A Bat—Stock
1st gold 5e 1932... JAD
Scrip 5s 1915........F A A
Eighth Avenue—Stock...
Scrip 6s 1914...............
42d A G r 8t Fer—Stock...
42d 8t Man A St N A v e ..
1st mort. 0s 1010..MAS 1 1 5 4 1 1 7 4
100
98
2d Income 0s 1915.JAJ
Lex A v A Pav F 5s-See Stk Exch 1 lat.
Metropolitan—See Stock Exch 1 1st..

t Before payment of asamt.

pa g e s).—

H t re e t H a l l w a y * .
Ninth Avenue—Stock___
Second Avenue—Stock...
1st mort 5s 1H09..M&N
Debenture 5b 1909.JAJ
Consol. 5s, 1948...F A A
Sixth Avenue—Stock......
Sou Boulev 5b 1945 .JAJ
So Fer 1st 5s 1919.. A AO
Third Avenue— See Stock
28th A29th Sts 1st5b..'90
Twenty-Third St—8tock.
Deb 5» 1000.......... JAJ
Union Railway—Stock...

T 2d instal. pd.

STREET RAILWAYS, dec.

Bid. Ask.
180
10U
180
178
no
$100
110
$109
117
110
325
200
112
1124
114
$110
Exch 1 1st.
$110
111
385 420
106
103
175 *r0

S t r e e t I t a llw n y w .
Union Ry 1st 5s ’42.FAA
Westchest 1st 5s ’43.. JAJ
B R O O K LY N .
Atlan. Ave., 1st 5s.. A AO
Con 5b g 1931...... A AO
Im p t 5 s g 1034...... JAJ
B. B .& W .E . 5b 1933. AotO
Brooklyn City—Stock....
Consol 5b 1941....... 1A
RklynCro8Btn5Bl0O8. JAJ
Brooklyn Elevated (new)
P ref (n e w )...................
B cinHgts 1st 5b 1941AAO

!U 2*
fill

Ask.
115
112

*

5107

5110

95
90
234* 235*
114
110
105
20
25
56
54
104

TH E

1US

C H R N IC L E .—STOCK PRICES (apages) Page 9.

JTO(
t t ‘> O K t —H lQ H M S T A J fD L O W B K T B A L S B R I O SB.

3si*mr■skrir,:
A wt.

I.

I

T W id o y
S 'o f .

gp.

STOCKS.

fV u la y ,

Lee. 2.

N. Y. STOCK EXCEL

R a n g e f o r y e a r 1898.
S a lts
o f th e O n b a e is o f r o o -s h 're lo ts
W t€k.
L o w e s t.
H ig h e s t.
S h a re s

[V->u LXVII,
Ic a n g e r o r p r t y e a r (1897),

vm um

L ow est.

H ig h e s t.

270 35%Jan 7 « l% A u g 22
10 A p r 41 Sep
240 d5 k M ar 20 78 Nov 11
78%Sep
4,210 10 k J a n 8 3 8 % Doc 1
23%Aug
H
490 84HJ’ne 27 48%Sep 21
«jS
Nl
80 Oct 22 01 J ’ne 28
Do 1st prof......... .
♦70 81
*77
**250 57 Nov 28 69 Sep 17
Do 2d prof...............
59
•: 81
♦5*
12.000 11044Mar 12 120% Feb 7
119 Sep
110% 120%
t in «u »H
n *% n o
5% Feb 11
&
3kOct 18
a
8 %Ang
! *3
45 1
275 38 % Jan 5 4 7% Stay 2
39% Deo
45
UM
4 414 *414 *49% 44ki
57
Alar
23
2,150
73
Nov
20
ff*
Tt
70%Oot
73
73
Do
7
t
7
*
1
prof.
* 4h !
*108 Feb 25 175%Oct 28
172% Aug
'I f i
.1*174
*174 *.**,*, *174
12 Sep
j
‘ ***20
5 k J ’ne 11 10%NOV 10
•»
JO
•»
10 |
*8
29% Sep
IM * 194#] 16% I t ! J(*H l « H
4 1«M 18% D eadlng, rotlng tr. otfe.. 12.030 15%Mar 25 23%Jan
4A% 45% 46% 45 4$14
45% I v iHt prof., vot. tr ctfa. 30,736 86 Mar 12 54%Feb
57%8ep
4414 40 ; i&H 46
7,868 l?HOot 17 29 Jan
85%Sep
■• H. 21% <> 1 tin* an* ton ai 1 80% SOj *1 20% 20% 2d prof., voting tr otfe..
n s a 1W f >1*9
185 Jan
l*S%
182 Jan 20 *186 Oct 13
*188%
1 8 3 )4 ..... *183% .......
22 May 11 82 A u g 28
25%8ep
*58*1 os
400 50%Mar 15 69%Aug 27
08 * i l
04
•0?
0 l% D eo
*08
64
Do
pref.
04
•08
04
n il
268 J110MMar2« 1128 Dec 1
m
Lome Watertown * O g d ..
.... 1*1*7
12 2 %Deo
•187
187141188 1127% 123
a
5% Mar 7
910
8% Feb 11
9%Sep
♦5
J. & G. IsL vot. tr. cts.
0
0
6
6
0
OH OH •*%
a*%
*57
972 45 Feb 24 03 J’ne 11
55
54%DeO
59W
05
7 Do
lot pref.
5$Hl *6»
57
57%
07H »7>
1,400 18%Ap r 25 23%,J’ne 11
2 0 %8 ep
Do
2d prof.
10H 16%
144 1A
* ; ' H l*%. *i7% 10k *10
14M 15
0 Aug
22,142
9%Nov 29
M*
V%
9
6 Mar 26
£H *%
m
**s
•f
8,005 52% Mar 12 69%Nov 29
| 08
70
094 094
6 74 68
59%Dec
68
1st pref.
Do
68
21,812 2 2% Feb 24 85 Nov 28
844 88
“34* 84%
27%Dee;
Do
2 d pref
' -»
89M
050
7 Aug
SHJan 24
6 % Aug 10
184
6U
**H . e g l
5U 5% !
m
.*% « * !
8,000
7 k Mar 12 14%Nov 17
14%8ep
tfH: 14
pref.
U% HH
144 144
1 3 4 14
u
1434
t«
-t1,820 lS H J ’ly 6 27 A u g 11
30 Sep
26
26
* 4 - ■4' t$4 2
♦80
27
„
M
97
97 1 —
740 78 A p r 20 97 Nov 30
D
90
90
87%Oot
*P«
pref
>l&e i r e 11*94
1
4 109H|I171«
1684 11714 1714 I173H 1734 *171 175 •170
14 123%Jan 12 175 N o v 11
125 Aug
L75
•M% *4
4 854
901s 874
11,712 12 Ap r 13 29%Dec
23%Sep
274 »?%
27-H KVM
16 * 10% j
22,818
10
io g
7 A p r 21 10% Dec 1
12%Sep
H 10k
10m lo%
10M 10«
994 4 0 4 1
65,208 23%Mar 20 42 Dec 2
88 %Sep
Do pref., vot. tr. ctfB
« s 42
0,470
jm* is fi
15 Aug8 %M ar 12 16%Aug 24
1556 15M
•156 160 i1159 159
169
1,115 145 Oct 13 104% Feb 10
161
179 Dec
160 1604
*18 85 t 15 19
*15
$12 A u g 20 25 Sep 21
S3
20 %Oct
*15
255
25
no
25
46 j
40
35 A u g 24 48 Oct 10
40 1
40 •
pref
40 * •rt r1 40
**7
80 | •te
so
*27
80 1 •27
30
18%Jan 12 80%Sep 2
9%Dec !4% Dec
30 \
80 •27
9*4 truj 88 3i*4 9*% 394 3 8 4 S8%j
185,1 l l
16%Mar 25 30%Nov 29
olon Pacific Ry . ...
4*4 69%{ 694 704 694 7 0g 094 70 I 6 0 4 70
123,369
45%Mar
12
Do
...p
ref.
70%Nov
28
ISg
21,513
164
74-1 1TH 134
HOct 24 13%Nov 28
18
13
IS
13^ 1
194 13
1 A pr ll% S e p
920
6 %Mar 25
„
9%Aug 31
9% Sep
4%Mar
JU
5M
*74 84
*7M 8%
*
•14 **% 8a* 4 2814]
8,731 14%Mar 7 24%Ang 3!
29
29.4
22
294 224
D
o
pref
11%A pr 24%gep
215i
.18
87%Apr 25 10 2% Jan 8 100%Nov 112 A u g
**4 *%
•3%
%J’ly 22
5
5 Dec 1
6 % Jan
%J’ne
4
954
SM'
3H
4H W heel.& L.E. ,4th ass’t pd. 15,710
‘M
*16
If
IM
4,935
I - , , 19
19
21
8 J’ly
9 21% Dec 1
s o n SI 5,
2%Apr 29 Jan
Do
pref. 4th do
SIM 21%
*14 t
2
•1
4%Aug%Jan 6
•1
3%Jan 17
1 J’ne
*1H
*Mj •1M
2M
SM Wisoon. Cent., rot. tr.ctfa
*i
M ls c c U a n k sto c k s.
1107 109
04 n o e
108 H07
S02 9 7% Apr 20 5180 Feb 10 !47%Feb 165 Oct
109 j 108 108 *109% 109M
dams Express.........
aa
.H it fit
6,9 i5 15%Mar 25 39%A u g 26
32%
82
as
34
9%May 20 % 8 ep
merlcan Cotton Oil.
32
84
34%
34S4
1*6
37%
67
87%
87% S7J*
**H
1,215 00 M ar 14 90%Aug 22
52%Feb 80%Sep
87M 88
Do
pref.
S7M 87M
*15
85
*85
22 May 13 SO Sep 1 21%Dee 27 J’lj
, ....... 35
40 American District T e l .. ..
•146 150 i 141 150
145 115 1146 149 1149 150 1146 1474 American Express... .. .
791 $116 Jan 5 1153 N o v 9 10 9%Jan f O H N o v
»**% 80k 3 i k 3 ik 814 814 3 1 4 314 1304 80ft 81 31 American Malting......
855 24 J’ly 8 38 A u g 10
t- .«:■» B
847 76% J’ly 5 8 7% A u g 16
tS sB 314
824 » 2 4 « B l k 814
82
824
Do
pref,
$824 824
194
12
12
11,990
6 %Jan 20 15%J ’ne 9
U H 194
" , 11*
1% 1 •% 512
12
American
Spirits
M
fg
..
6 %Nov 15%Aug
~
124 13
85
3$4 36%
864 364
36
1,700 16 M ar 26 41% Aug 25
pH
30
15 Dec 80 A u g
Do
pref.
30
37k
*85 4 334
* H 83
t t g 38k *“
1324 32W
32
“
88
8,513 25%Sep 14 43%J’ly "
33
34 American Steel & W ire
“
82k
a
m
*«
5 84 St
80
2,348 82 Sep 14 92%J’ly 9
8 O4
e »H 884
89 4
Do
pref.
894 9«%
i*i% 1924 1914 199
J flH l2 7
124%126%j 1264 1294 1 2 0 4 1 - 0 4 American Sugar Refining 320,813 107%Mar 20 140%A u g 20
159%Sep
• in l i t
118 118
797 103 M ar 25 110 Jan 6
U 8 4 1124 113 113 U 3 4 1 1 3 4
121 %Sep
1 1 3 4 113k
Do
pref.
884! *95
964
94 J’ne188 §88 Mar 29 98 Sep 10
954 1954 *25 » 6% *95
964 10014 904 American Teleg. & Cable..
m u 185
1534136
1844 187
1354139 186% 1SS
85,029 83kJan 24 153%Sep 19
90% A u g
1354137 American Tobacco.........
i i* 186 |
1274 1274 128 128 1284 1294 128 128
115 A u g
1,001 112%Mar 11 !35% Aug 26
Dc
pref
W4
H I *93
94
98
94
94
95
9 5 ^ 95
156 78 M ar 14 101 Sep 19
05
05
Do
dividend eorip.
fH
ik
44
4k
4k
44
iv
10% A ur
*H
4%
22,740
2%Mar 21
5%Jan 21
8 %Oet
ay State G a s.,
44
5
*186 119
127 ! » 7
127k 127k *1«7 128
1274 129
1,335 106 M ar 20 130 N o v 17 85 Jan 137 Sep
129 120
rooklyn Union Gas
9
*0
9
84
«
104 10k: 10k I l k
2,390
7%0ct 4 14 J ’ne 6
11
1 1 4 Brunsw. Dock & C. Impvt.
3 * tin
23
93
28
28
* 2 2 4 22%: * 2 2 4 234
502 17 M ar 12 26%.Jan 11
15%J’ne
122
22 / lolorado Fuel * Iro n ....
75 A u g 19 77 Nov 16 70 Nov
........ * 1 Do
pref.
•44
ttu
»4U
6U
100
7% Jan 13
4%J’ly
25
3%J’ne
•
4
4
6
4
CoL
&
Hock.
Coal
&
Iro
n
,.
' 166
186 188
180 1 9 1 4 *1 8 7 4 1 9 0 4 191 1954 195 1974 Consolidated Gas (N . Y .).. 18,045 164 Oct 8 205%J’ne
05g,
0 130%Jan.
•46
47
*4$
47
47
47
690 27%Mar 25 52 Sep 2 28 Nov
<$% < m
46
* -*
454 454 Consolidated Ice...............
•#*
09
'2%
93
93
*90
94 l 94
94
807 83%Apr 28 94 Dec 1 80 J’ne
•89
05
Do
pref.
•47
•47
*47
i *47
40 M ay 17 40 Oct 25 35 Feb
•47 ...... . Consolidation Coal......... .
01
01
•60
62
*6 0 4 02
000 45 A p r 20 67 Sep 16
01
20 Jan.
60
604 Detroit G a s .................. .
160 *#£M »5C% 151
156 165
1160 160
100 165
2,070
119
A pr 8 109 Dec 2 101%Jan.
164%
169
Edison
E
lect
Dl.
(N
.
Y
.
)
.
.
*0 4
2«% 32
m % 3-24 3 1 4 s i k
19,002 20 Oct 17 83%Nov 11
3 1 4 3 2 4 T^edoral Steel (when iss.)
am
s ik
70%
70
77
70
70k
75k 76%
76
704
53.241 69MOot 10 79%Nov 11
70
774 A Do
Dref.
do
i t s 64
6 * H 62k
024 85
S»M #*M
8 44 8 * "
13,236 76 8 ep 15 85%Dec 1
8 4 4 8 6 4 General Electric............
H I
•47 . . . . . . *47 ........ *494 ...
15%A p r 22 01 Nov 10
•404 ..... Hawaiian Com. <t S ugar...
**9 4 9i
* # » 4 92
*894 92
*894 92
$87%J’ne 20 94 A u g 20 81%J’]y l 01 %Oct
II.
B.
Clafiln
C
o......
.
....
6 $ k 5 *4
a * k 0 iy j 69
01 Hi 594 5 « 4
09
60
594 59k I nternational P a p e r..... 10,848 48 Sep 11 66 A u g 2 i
91
91
92
93k
9*
934
03% 034
03
7,985 85 Sep 27 93%Nov 28
A Do
pref.
024 924 •94
41
49k
49H 4?4
4 94 50
j 50 50
6 0 4 52
7,981 37%Mar 25 54%Aug 9 22 May 49% Aug
524 54
aclede Gas (St* L o u is ).
HI
94
*tO
93
194
94
j *90 93
02 85 Mar 12 96%Aug 8
*01
93
•00
93
70%Mar 96 Aug
Do
pref.
160
30 1 *47
53
*47
62
: 150 50
•47
52
•47
52 Maryland Coal, pref.........
100 45 Mar 28 553 J ’ne 10
40 J’ly 52 Dec
4 7 4 4 <4
444 454
45 4 4* 4 ; 404 , 474
404
46%
454
474
10,929
SOHAug
1
jy
a
t
io
n
a
l
Biscuit.
43%Nov
29
100 too
100 |60
>00
100
»# 8
100
1100
100
1 0 0 4 l 08%
1,397 94%Aug 1 103%Dec 2
pref.
* * * k 15
36
S5H'
BS B»M
3 54 87
12,349 20%Mar 20 30% Aug 23
3tl4 874 National L e a d ..,..
21%Feb 44 Sep
•III
1114
U I> 1 U i l . l U !
11* 1112 1124 i l l
113
661 99 A p r 22 113%Nov 14
88 %Feb 109% Sep
Do
pref.
'*
<SM
0%
7
H
7
SM
‘
104
10
124
2%Sep 17 21%May 28
10 May 23%Aug
124 1 «4 National Linseed O il...... 41,720
»«
<M
*3 *
*
•
m
4
4
100
National
Starch...........
3 May 18 Aug
*3
4
44
3%Nov
14
9
Feb
10
*40
65
*<C
05
*40
65
•45
76
*51
70
•52
70
51%Mar 90 Bep
00 Mar 25 80 Jan 18
Do
1st pref.
•If
w
*St
30
*18
80
*19
80
*13
30
45 A u g
•16
80
8 % Apr
12%Oct
31
Do
2d
pref.
30
Jan
27
•IS
41
*S7
48
•37
42
*97
42
*38
42
*88
42 New Cent.Coal (new stock)
40 Oct 18 43 Sep 18
It94% 154%
99% 101
101 104 MOO 100
102 108
100 1004 N. Y. A ir Brake................
2,605 14 Apr 5 120 Sep 19 22 Dec
(Kj
7
JM
7H
7M
74
3%Apr 8l l U r *
74
7k
4%Jan 15
7k North American Co. . . .. .. 21,940
7% Dec 2
*6
7
•5
10%Jan
*6
0
150
3%Nov
Ontario Silver....... .
8 %.Ian
4
0 %Dec 1
04
•7
*TM
9$% 97%
m \ i a?%
36%
acific M a ll...... . . . . . . . . 30,820 21 A p r 21 89%Nov 21
24^ Jan. 89%Sep
374 30
•910 . . .. .. *920
. . .. . *820
.1*880
340 Mar
*825 ...... .
enney]
vanla
Coal.........
330
Deo
1325
Mar
23
$350
Feb
25
? ■-% 110
106%109% 107M
1094 110 k People’s Gas-L. &C.(ChIe.) 45,339 86 %M ar 26 112 Nov 22
01 Nov 97%Dec
139 139% 13W% 13^% t la o u
1,782 x l3 2 Nov 3 210 J ’ly 5 152 Jan. 185 Sep
«
139k *140 140
Pullman’s Palace Car ....
*1%
*
•1%
2
•IM
»
•1%
Ik
2
4%Aug
2
|/"\nlcksllTer
Mining,
l% J ’no
l%
Sep
30
2%Jan
7
8
0%
*6%
<"•»
"M
. 6
8
13 A u g
*0
8 W Do
pref.
100
8 Apr
5 J’ne 2
7 A u g 22
• » » * i ’ H *60% 61% *50%
604 0141 * 0 0 4 6 ] 4 *604 6 1 4 O liv e r Bullion Certifiers.
58% A pr 4 60%Sep 8 51%Aug 65%J«n
*91
99% 148% 29% r * '%
814 s in
2 0 4 21% S tan dard Distil.ADlstrlb.
1,805 10% Nov 1 23% Nov 18
" • * < 7iM
74
74
74% 74%
73
74
•70
73
170
78
Do
pref.
893 06%Nov 1 75 Nov 18
JH
*%
*7%
*
7%
7k
^ 7%
7
U
8
I
955
7%
7
4
Standard
Rope
k
Twine
..
2%Dec ll% J a n
3%Jan 3 10%Aug 26
9*9% *1
90% 80%
20%
20H 30g| 29% 80%
30
80 % f Penn. Coal Iron & R R ...
11,801 17 Mar 12 34%Aug 22
17 May 85%Sg>
k Do
pref.
*80 A u g 17 1100 Oct 28 65 A pr 80 J’ly
6
W%
«
**%
*7%
84
9 Aug
Texas Pacific Land Trust..
j j i i ........
1,000
0 Apr
5 May 27
0% Aug 19
145
4 5% 114% 46
144% ♦64,
52
«5g 49
nited States Express ..
2,595 88 Apr 14 52 Dec 2 87 Feb 48 J’ly
*6%
0%
_ fH
"H
6%
«
*HI
nlted States Leather ..
6
04
4,730
6 %Mav 10%Aug
5%Apr
25
8 %M ay 24
67% 67%
ft,% 68%
f*.
•*%
67%
63%
674 6 RHl 6 «
Do
pref. 16,539 53%Mar 20 74%Aug 22 50 Apr 72 Sep
4^-t 44%. 44% 44%
A i H . 4r
4 7%
40
474 United States R ubber...... 35,971 14% Mar 12 48 % A u g 17 10 J’ne 25%Jan
,} - H 1 ^ D-3% <05%' J® 5
I0 »% *04%
m i io b k
Do
prof.
8,713 60 M ar 12 109% Aug 17 50 J’ly 76%Jan
119 19^* •195 130 1135%
28 130 I
150 1112 %,Wav 5 S18n Dec 2 97 Jan. 20 Dec
olls. Fargo A Co .
“ 1
91%
•»
9(S
0 1 4 : 034 034 j 98% * 3 4 * * ©stem
tfniou Toleg’h.
e
0,780 82%Mai* 20 95%Aug 17 75%May 9ft*4 Sep
••. ....... 1W estinghou *e 121ec. & M f g
63%Sep 22 168% -e p 23
e°
‘
y
*•*’•'» ' r. Ii\ » rifi'jt. i Le»* than 100 chares. * Kx dlv. o f 100 p. e. In bonds. 1 Lowest is ex div. tUnstamped. Tlet aesL paid.

**♦
"! i
*»i%
HI
•til
HMi
n»
H
HI
Ti%
* tk
*•
)•
u k

H j
*lH
>'-v
t* j
At i
$9 j
lie

*50
•75

52
•75

♦50
*74

rJ lIL A N.Co.voLtr.cfs.
55
fD o pref., rot* tr. ctfs.
77
<| 37% 37% Oregon Short L i n o ........
42
&OtflO COAJtt Co.............
« «»

O

P

9

%9

10

W*

99

34

9*

F

ljB '»

A

B

L

P

U

W

OUTSf Dg s e c u r i t i e s (GrvRtr ^T root o» 7 nowaBmitiVB p issa ).— STREET RAILWAYS. &c
' 12

64 1

f i* tt Tt'Rnr. t *i - * j ; ) |

* '* %

—J T 1
! * j r 1^ ^ ^
A t 1m
» • ' t
T-* ■*■u j e_j*i 1 s 4
4 ~ ' 8 Iy-w-fRwWf m 1m\
-j f *
r '
«m ii|
tit
***»' r,**..
**1
w m »~ s k »
wMhJi«4e£s 1

• ♦ t r m K n llw n f* .
Hiwiaao
........ .
S * t * * 4 ....... ......
NflwW m b V i Yi i «tex. 4U*
Oo 5* 1946.AAO
•fftiB fii c i t i b ST *"
; Ram fVinsol—fMock—-9h
Bfldgvp
5i 83,jjkJ

l ’*
3
5* 1082MAN
____ ! Chicago O ty RR,—StodL .

Bid

Ask 1

70
104
100
00
....... iTo*^
iV
4r
•13%
........|
Balt 1 1st
J
ti'” k 108
78 j
1113
lift 1
4111
11 i % i
8«0
908 )

M tre»*l l l a l l w n v s ,
dfuteus* St U n d ’u ap i-S ^
Cleveland City R y .. .. .. .
Clevel C a b -1st.5s ’09.J4.J
Cleveland Electric R y ....
Con 5s 1913......... MAH
Columbus (O hio!—Stock.
Con 5s 1082—See P hlla
Crosst’w n -lst 5s— See P
consol Traet’n fN J )—See
Lake St. (Ohio) Kiev-Stock
.
Lou Isv St Ry—5 p c bonds
Common..... . . . . . . . . . . .

Bid. Ask.
Phi In list.
74
70
5108
103
78M 79%
$108
104
59
60
L is t
hlla L 1st.
Phila list.
13
S 70% 70M
117
$110
40% 42

Ask.
Bid
105
Lou lev St R y— Preferred. 108
Lynn&Bos- 1st 5s ’24.J AD $105% 106%
......
.. .. .
1st Os 1942.......... F&A
Minneap Si Ry-5s ’19..TAJ ?100M 101
2
New Orleans T r—Com....
11
Notes fts 1004 ....M A N
229
227
1st 5s 1900-10.........1&J $104%
0
1UM
80
76
Preferred — ...............
v Buyer pays accrued Intere st

T H E C H R O N IC L K -B O N D TRICES (5 pagee) itagb L

Dec. 8,1898.]
BONDS
H .T .3 T O O K E X C H A N G E
W e e k E n d i n g D e o 2.

*-.2

I f

tr ie s
F r id a y ,
D ee. 2.

B id .
A sk.
A kron A Chic Jnc. SesBAO.
•^Alabama Cent. See Sou Ry.
Alabam a Mid 1st g a g ... 1928
Albany A Snsq. See D A H.
Allegheny Val. See Peon Co.
Am Dock A 1. See Cen o f N J.
8 9 * ......
Ann A rbor 1st g 4s....... 1995
9 8 * Sale
Atch T A 3 Fe gen g 4s . 1995
Registered................ 1995 A - O
Adjustment g 4s........1995 Nov+
Registered....... .
1995 N ort
Equip tr ser A g 5s.. .. 1902 J - J
Chic A St Louis 1st 6s. 1915 M - S
A tl A t Bklyn Imp g 5s.. 1934 J - J 1 05 *1 0 7
Atlan A Daav 1st g 5 s.. 1950 J - J 100 ......
Atlanta A Char. See Sou Ry.
Austin A N W . See So. Pac
O a t Creek A 3. See Mich Cen
X>alt A O 1st 0s Pkbg B r.’ lw A - 0
118* .
Trust Co. c tfa of dep........
Gold 5s ...... ... 1835-1925 F - A
Coupons o ff..................
Registered...... 1885-1925 F - A
Speyer A Co. certf of dep
Trust Co ctfs of deposit..
Consol gold 5 s ...........1988 F - A
Registered................1988 F - A
J P M A Co ctfs of dep...
Trust Co certfs deposit..
Balt B’lt ls t g 5s mtgu.1990 M - N 1 0 4 * .
W V a A P 1stg 5 s..... 1990 A - 0
Monon Rlv 1st gu g 5s. 1919 F - A
Cen Ohio R ls tc g 4 * s l9 3 0 M 8 1 0 8 * Sale
O olA C lnM letext 4*81939 J - J ........ 9*
A k A C J 1st lntgug5 s. 1930 M -N
103
Coupons off.............. .
Pitta A Con 1st g 4 s .. .1940 J - J
B A O 3 W ls t g u g 4 * a .l9 9 0 J - J ♦105*
B A O S W R y c o n g 4 * s 1993 J - J
1st Inc g 5s ser A . .. .2043 Novt
11 Sale
8eries B ..............2 0 4 3 Dect
B A O S W T e r C o g u g 5b.’42 M -N
Ohio A Miss ls tc o n 48.1947 J - J
2d consol 7 a ......... ..1911 A - 0
1st Spr’gtleld D ir 7s. 1905 M -N
1st general 5s........ .1932 J - D
Beech Creek. S e s N Y C & H .
Bel A Car. See Illinois Cent.
Boonev Bridge. See M K A T.
Bway A 7th A t . See MetS Ry.
92 Sale
Bklyn El T r Co of Istg0sl924
85 ......
T r Co ctfs 2 d g 5s.. ...1915
3d lnstal pd.....................
B A B BTC ocfs 1st gu g5s’42
3d lnstal pd..................
9 2 * Sale
Dn E lT rC o c fs lstgug6s'37
Bklyn Rap T r g S s ......... 1945 A - O 1 05* Sale
Bklyn City 1st con 5§ 1916-41 J - .1 1 1 0 * ........
Bklyn Q Co A S co n » u g 5 s ’41 U - N ........104*
Bklyn a Montauk. See L Isl.
Bruns A West 1st g 4 s.. 1988 J - J
Buff N Y A Erie. See Erie.
Buff R A P g e n g 5s...... 1937 M - S 107 1 0 7 *
Debenture 0 s............. 1947 J - J
Roch A Pitts 1stg 0s..1921 F - A •125
Consol 1st 0s........... 1922 J - D 122
Cl A Man 1st gu g 5s. .1943 J - J 121
Buff A Southwest. See Erie.
Buff A Susq 1st gold 5a. 1918 A - O
Registered.................. 1913 A - O
100* .
Bur C R A N 1st 5s........1900 J - D
Coa 1st A ool tr g 5 a . .1934 A - 0 108
Registered....... « .. . .1934 A - 0
M A St L 1st gu g 7s. .1927 J - D
C B I F 4 N W 1st g 6 a . '20 A - O
1st gold 5s...................1921 A - O 100 ......
anada South 1st 5s... 1908 J - J 1 09* Sale
2d 5s...... .................1918 n - s 1 1 0 * Sale
Registered................... 1913 M - 8
Oarb A 8hawn. See Ills Cent.
Carthage A Ad. S ae N Y C A H .
0 R la F AN. See B C R A N.
Cen Branch U P ls t g 4s. 1948
89 Sale
Oentral Ohio. See Balt A O.
Cen RR a Bkg Co of Ga.—
Collateral gold 5s........1937 M -N
9 2 * 100
Cent of G a Ry— lstg 5s.. 1945 F -A t 117 ......
R egistered.............. 1945 F -A t
Consol gold 5s............ 1945 M -N
8 9 * Sale
R egistered.............. 1945 : - n
1st pref Income g 5s. ..1945 Oct.*
8 3 * Sale
2d pref Income g 5 a . ..1945 Oct.*
13 Sale
8d pref Income g 5 s....1945 Oct.*
6 * Sale
M a N Dlv ls t g 5s....1940 J - J • 98 ......
Mobile Dtr ls t g 5s.... 1946 J - J
Mid G a A A tl Dlv 5s .1947 J - J
Cent of N J— 1st con 7s. 1899 Q -Jt 1 02* .
1st convertible 7s...... 1902 M -N 112
Convertible deb 0s ... 1908 M -N
General gold 6s......... 1987 J - J 1 1 4 * 114*
Registered...... .........1987 !-Jt 1 11* Sale
Leh A W B C oon as 7s. 10Oo
98 100
6 s............................. 1912
-1! 85 ......
Am Dock A Imp Co 5s. 192 1 J - J 1 1 4 * ......
N J South lnt guar 6 a 1899 J - J
Cent P a d Co—Ctfs dp A. 1898
1 04* 106*
Speyer A Co ctfs BCD. 1899
•1 0 4 * 105*
Speyer A Co ctfs dep E. 190o
•1 0 4 * 105*
Speyer A Co ctf F G H I. 1901
‘ 1 0 4 * 105*
Ban Joaquin Br g 0 s...1900 A - O 102 ...
Guaranteed g 5s.........1939 A - 0
Speyer A Co eng cts
Land grant gold 5s— 1900 A - O
C A O DIt ext g 5s ...1918 J - J
Western Pacific g 0s.. 1899 J - J •1 0 3 * .
No of Cal 1st gu g 0» .1907 J - J
Guaranteed gold 5s. 1988 A - O
Charles A Sav 1st g 7s.. 1930 J - J
Ohes A o —g. 6s ser. A . . . 1908 A-01 •118 119
Gold 0s ...........
1911 A-OI 120 V i *

U

C

tVee/C «
Range or
L a s t S a le.

Range
fro m
J a n . 1.

L ow . H ig h .

L a w . H ig h

91

N o v ’98

22
90
90
97*
9 8 * 107?
8 9 * M a r’98
73*
7 4 * 798

101

N o v’98

112
115
115

Oct.’98
Nov'98
Oct/98

81
85
89*
53#

90*
98*
89*
75*

95

101

100 1 1 8 *
1 1 1 *1 1 5 *

ao

its*

95
90

113*
118

1 18* Sep.v98
110 A u g ’98
118* Oct.’98

97
103
97
“

118*
1101
1181
8
g

99
103*
75
105
105
107*
105
90
27*
10*

Sep.’98

84

101

1 08 *
99 1 0 8 *
Oct/98
75
75
A u g ’98
105 105
N o v’98
100 105
J’ly ’98
1 0 5 *1 0 7 *
105
9 8 * 105
90
70
90
J’ne’98
27
27*
255
12
6 * 12

105 N o v ’98
122* J’ly ’98
100 Oct.’98

104
120
100

1 05 *
122*
108

91*
92
80 J’ne’08
08 May'98
7 0 * D eo’97

79
80
68

94*
80
08

91
105*
116*
104*

92*
100
110*
104*

80
94
91 100*
112 110*
1 0 2 *1 0 4 *

1 0 5 * Oct.'98

1 0 4 * 108

127
125
108

127
122

M ar’98
Nov’98
A p r’ 97

127
125

100*
100*
107 Oct.’9s

1 04 * 109
100 109*

1 0 5 * N o v’9S
105 .Tan.’98
1 0 9 * 110
1 1 )*
110*
100 Jan.’97

1 0 5 * 1 05*
105 106
1 0 7 * 111*
105 111

W eek's
Range o r
L a s t S a le

!?

B id .
A u k L ow . Hio*> Vo
7
C A O -(C on )— 1st cong 5b ’39 IH-N *110 1 1 0 * 110
110*
5«*
R egistered...,............1939 M -N
115
115
Gen gold 4 * 8 ..............1992 lU -S
8 9 * Sale
88*
8 9 * I0o6
R egistered.........
1092 M - 8
27
in s ”
R A A Dlv lstcon g 4s. 1989 J - J i d s ” !!!!!! i d s *
97
07
2d con g 4s.............. 1989 J - J
97 Sal*
Craig Valley 1st g 5s. .1940 J - J
9 5 * May’0* ....
Warm Spr Val ls t g 5s. 1941 M - 3
Ellz Lex A B S g a g 5 a . 1902 M - S }J2% 102% 108 N o v’ 98
Chic A A lton sink fd 0s. I mii8 M -N
ill
Sep.’O* ....
Lon. A Mo Riv 1st 7s..1900 F - A
108 J’rie’9- ...
2d 7 s................. .....1 90 0 M -N
107 J’ly ’9* ...
Miss Riv B ls t s f g0s.. 1912 A - O l o o * ........
Chic Burl A Nor. See C B A Q.
9
Chic Burl A Q—Con 7s.. 1903 J - J U 7 % Sale 117% 117%
...... 1 0 ! * N o v ’98
8inking fund 5a......... ,1901 A - O *102
109* “ ft
Debenture 5s.............. 1913 M -N 1 0 9 * 8ale 1 0 9 *
49
Convertible os.............1903 M - S 120 8ale 120
121*
8
li n i*
Iow a Div sink fd 5s... 1919 A - O •110% 110% 1 10*
4 s .............................1919 A - O
....... 1 0 2 *
0 0 * N o v ’98 a5
Denv Div 4s............... 1922 F - A
102 ().*t ’90
8 9 % ........ 100 N o v’98
Southwestern Div 4s.. 1921 M - S
Calc A Iowa Dlv 5 s....1905 F - A
57
id s *
Nebraska Exten 4 s....1927 M -N 103% 8a) e 1 0 2 *
97 Mav’9 ....
Registered................1927 M -N
3
1 21*
121*
Han. & St. Jos con 0s.. 1911 M - S ♦121 ....
Chic Bur A Nor 1st 5s. 1920 A - O •109 ........ l 0 8 * N o v’98 ....
114 ....... 117* N o v’98 ....
Chic&KIll— ls t s f cur 0s. 1907 J - D
S m all.......................... 1907 J - D
129 N o v ’98
1st con g 0s................. 1934 A- O • 1 3 1 * 132
7
General con 1st 5 s.. ..1937 M -N 108% Sale 108% 10-%
R egistered.............. 1937 M -N 1 03 % ....... 1 03* Nov’98 ....
C h lo A In d C R y 1st 5s. 1936 J - J ♦105 ........ 105 Sep. 08
Chicago A Erie. See Erie.
Chic Ind A Louisville—
4
Loulsv N A A Ch lst0s..’lO J - J 110 ........ 110
110
Chic Ind A L ref g 5s.. 1947 J - J
90 ........ 01 NOV’98
21
Refunding g 6s........... 1047 J - J 1 0 0 % ........ l “ 6
1 "0 *
Ch M A St P-1 st 7s | g R D ’02 J - J 102 ....... 100 N o v’98
1st 7s £ gold R D. ...1902 J - J 102 ........
1st Iowa A D 7s...........1899 J - J 162 ........ l 5 8 * Sep.'98
1'
...... 101
161
Is t C A M 7 s ................1003 J - J 102
2
Chic Mil A 8t P con 7s. 1905 J - J 102 ........ 161
101
1
102 1 02* 162
102
1st I A D Exten 7 s....1908 J - J
1st Southwest Div 0s. 1909 J - J •110
........ l 1 9 * N o v’93 .. ..
v
115s,
1 15*
1st L a Crosse A I) 5s. .1919 J - J
0
1st So Minn Dlv 0s. ...1910 J - J •120 1 2 0 * 120
120*
1st Hast A D Dlv 7s.. . 1910 J - J 1 29 % ....... 1 29* Oct. 98
109 Oct.’98
5 s.............................1910 J - J
Chic A Pac Div 0s...... 1910 J - J ►120 ....... 1 81* N o v ’98
t
119
Chic & P W ls t g 5s— 1921 J - J •119 1 1 9 * 119
Chic A Mo Rlv Div 5s. 1926 J - J •1 1 5 % ........ 11 5 * Nov’98 . . . .
107 M a r ’9 . . . .
Mineral Point Div 5s.. 1910 J - J
Chic A L S u Dlv g 5s.. 1921 J - J
112 A p r ’9" . . .
5
W ls A Minn Dlv g 5s.. 1921 J - J •1 1 5 % ........ 113
H8
Terminal gold 5s........1914 J - J •1 1 3 % ....... i 1 3 * N o v ’08 ....
Far A Sou assu g 0s... 1924 J - J
1 2 7 * Jan. 0-*
Cont sink fund 5s...... 1916 J - J
1 00* May’9
Dak A G t 8 o g 5s........1010 J - J *112 115
112 Oct.’98
3
107*
Gen gold 4s series A .. 1980 J - J $ ♦. .. .. 107* 1 0 7 *
10 * Feb.'9
Registered................1989 O -J !
Mil A No 1st M L 6 s . . 1010 J - D *131
....... 1 2 0 * Oct.’98 .. ..
123 Oct/08
1st consol 6s............. 1913 J - D •12 3* 125
1
Cblc A Northw—Con 7s. 1915 Q - F •1 4 2 * 144
144
144
12
....... 110
Gold 7s....................... 1902 J - D *110
l« n
Registered................1902 J - D
110 N o v ’98
i
1 •7 *
Sinking fund 0s.. 1879-1920 A - O •117
....... 117*
1 1 7 * Oct.’98
Registered...... 1879-1929 A - O
Sinking fund 6a. 1879-1020 A - O •100 1 09* 1 09* N o v’98
6
Registered...... 1870-1929 A - O
1 0 8 * Sale 1 08*
10H*
Sinking fund deb 5 s...1033 M -N 1 17 % ........ l2'» Ocu 08 .. ..
117 M a r Registered................1933 M N
25-year debenture5s.. 1909
N 109 ........ 103* N o v’98 . . . .
109* M a r ’*
R e g iste re d ............1900 2 -N
2
80-year debenture 6s. .1921
116 Sale 110
110
Registered................1021 A - O
l 17* Feb.’o
Extension 4s....1880-1920 F - A *1 0 5 % ........ 1 05* Nov’98
103 J ’ue'o
Registered......1886-1928 F - A
10
Gen gold 8 * s .............. 1987 M -N ........102% 1 02*
1**2*
103 N o v ’98
Registered................1937
107* May 9
Kscan A L Sup 1st 0s. .1001
Des Mo A Minn 1st 7s. 1907 F - A
Iowa Midland 1st8s. ..1900 A - O
108 Oct,98
Winona & St Pet 2d 7s. 1007 M -N
117 Jan.’y-’
MU A Mad 1st 6s........1905 M - 8
109 M a r’9^
O ttC F A St P 1st 5s..1909 M - S
........ 105 Apr.'9*<
North Illinois 1st 5s... 1010 M - S •107
Mil L 3 A W ls t g 3*. .1021 M -N *100
....... 137 N o v’ 98
Convertible deb 5 s..1007 F - A
105* Feb 0
4
Ext A Imp s f g 5s. . 1029 F - A U »
Sale 110
19
Mich Div 1st gold 0s. 102 4 J - J "1*10%....... 135 N o v’98
Ashland Dlv ls t g 081025 M - S ♦185
138 Mav »o
112 Apr. 9
Incomes............... ..1911 M -N 114 118
Chic Rock I A Pac 0s___1917 J - J
1 34 % ....... ; 32 N o v’98
Registered ..........1 9 1 7 J - J
180 ....... 130 A llg ’9*
General gold 4s...........198*
1 0 5 * Sale 105
105* 114
104 Sep.’9-.
Registered............... 1988
2
Des M A Ft D 1st 4*.. 1905 J - J * 92
25%
es%
.......
1st 2 * s .................... 1905 J - J
80 NOV’98
Extension 4s.......... 1905 J - J
K e o k & D e s M 1st 5s.. 1023 A - O 109 ....... 10 8 *
14
1 00*
IO0 A p r ’97
S m a ll...,,,..,.,,........., A -O
Chic A St L. See A t T & 8 F.
Chlo St L A N O. See 111 Cent.
Chic St L A Pitts. See Pa Co.
1*7
1
Chic St P M A O oon 0s.. 1930 J - D 1 3 3 % ........ 137
Ch St P A Min 1st 6a.. 1918 M -N 1 8 2 % ........ 13 6 * Oct.’08
Nor Wisconsin 1st 0s.. 1030 J - J
181% .. .. . 131* N o v’98
St P A 3 City ls t g 08.1919 A - 0
285
9 1*
92
92 Sale.
Chlo Ter Transfer g 4s .. 1047 J - J
Ch A West I 1st s f g 0s. 1910 M -N 105 ........ 1 )0 J’ne’07
120 ...... 121
2
General gold 0 s ....,,,. 1032
121
Chic A West Mich Ry 5s. 102 l t - Z
Coupons off................ 1921
119 Oct.’97
Oln H A D oon s f 7 s... .1905 A - O
108* I >ot.'9 7
2d gold 4 * s ................1937 J - J
110* N ov’ 98
Cin D A I 1st gu g 5s.. 1941 M - N 108* .
U St L A C. See C C C A St L.
lln S A C . See C C C A St L.
C«t.T A * Ry Balt 1at v 5s. 1922 J - D

?:J

89

69

9 2 * J’ne’98
1 14* J’ne'98
88*

87
114

89*

84*

91*
98*
1 19*
92*

30*
11*
5
92
90
80*
102*
112
11 2 *
114
111*
100
91
1 15 *

88*
18
5*
Oct.’98
J ’l y ’98
8ep ’9H
N o v’98
Nov’98
J ’l y ’9*
1 14*
112
100
J’l y ’98
1 15*

44*
16*
**
91
92
9 5 * 99
8 6 * 80 H
1 0 2 *1 0 4 *
112 112)
110 112).
100* 115
108*114*
97 108).
90
93
110 110

103
103

OcL’98
Feb.'98

108
103

103
108

1 0 2 * OcL’98

101

105

102 M a r’98
101 Jan.’HS
1 0 8 * Nov’98

1 00 *1 0 2
101 101

1 04*

85
10

101

i:i

104

105

1 13*
118*1
1)9 Nov’98|
wbok.

O U T S I D E S E C U R I T I E S (G iv e n
A sk
1 LU
30
14%
105
76
'1st.
108%
71
9B
()«%
list.
13
98

93*

1 1 1 * A u g ’98
117
118

• No price [I'rUlaj; these a r, latest old »ad M »ed this

8 i r e » i K-w H **av»,
Bid.
Prov a Paw t’ck-lstOs '38 4108
RiOhm Ry A Elec-1st 5s’20
75
Rochester R y.................
14
Con 5s 1930......... A AO 104
8o Side El (Chic)-Stock
75%
Twin City R T r—See Stock Kxch
P re fe rre d ..................... 102%
08
Dn d T rA E Iec(Prov)-8 t’k
W e ft Ch lodge oi ...... .
9K *
00 * 1986
. ...M A N \ 96
W eat End—See Beaton Hxch.
12
Wc >rce*ter (Maas)Tr-Coin
Preferred....................
05

91

P r ic e
F r id a y ,
D e c. 2.

BONDS.
N .Y . S T O C K E X C H A N G E
W e e k E n d i n g D e c . 2.

1149*

118 120*
11514 121*

tO a e J u lr.

t O ils N o r .

at foot of

G a n S e e n r f i I om .

Bid.

7

Ask.

NEW FORK.
Central Union Gaa—
I 1st 5s 1027............. JAJ
! Con Gaa (N Y )—Stock—N
Deb 5a 1008......... MAN
Eqnlt Gaa.......................
1st Os 1899........... FAA
: Con. 5a 1932...........MAS
| Mutual Gaa...................
N. Amsterdam Gas, Com

104%
Exch
no
13
*0 2 *
118
330
30

I

101%

1st consol 5s..,

4104*
T Stk
100
1 10
4101
$110
320
29*
70
........ $101

tlDa.Juns.

iD u sJaa.

i Bond* d a .

consecutive pages ).— G A P
Gam Sfscii r lt le a .
N Y A East River Gas—

1st 5s 1944............ JA.I
Consol 5b 1045.......IAJ
Nor Un—
1st 5s 1927............MAN
Standard Gas—Common.

Bid

Ask.

111H 113
100
108

90
140
155
1st 5s 1080......... MAN $115

95
141

158
118

BROOKLYN.
Brooklyn UnGas— N Y St ook K xoh
1st con 5s—N Y Stock Exch.
Williamsburg Gaa—1st Bs $102* 102%

Range
fro m
J a n . I«
Low . H ig h
ill
117
113 116
7 3 * 90
99" i0 8 «
90
07
95
00*
97%
•11
107
107

io i"
113*.
111
107

113% 118%
1 01 * 107
1 0 4 * 111
104% 121%.
109* 111
98 104
97
108
99 101
95%
97
119
105
114*

108%
97*
198
110*
1 1 7 *.

122 132
1 01 * 1 0 8 *
101 1 0 0 *
1 00 *1 0 9
t l2
30
90
140

110
92
107
100

137%
140
138
139*
110
110
114*
128

152%
10t
101
162
119*
115*
121
130*

118 1 2 1 *
111 1 1 9 *
1 10 *117
107 110
118 1 1 3 *
111 118
111 115
127* 137*
109 i l 4
103 1 0 7 *
104* 1 0 5 *
120 1 2 2 *
1 17 123
188 145
113 1 1 0 *
1 12* 1 1 0 *
11 8 * 1 2 4 *
114 1 1 7 *
100 118
1 07* 1 0 8 *
111 1 2 0 *
117 110
107% 110%
109* 1 0 0 *
112 118
117% 117%
104 107
103 103
99 1 0 3 *
103 103
100 1 0 7 *
103

108

117
100
105
i32*

117 |
109
105 a
187 b

113% 119
133 185
1 18 135
113 118
127* 138
1 2 7 *1 8 1 *
102% 105%.
103% 105%
S5
96%
0 0 * 80
103

100*

130* 188
138 186
120 18914
79% 9 2■
117% 122%

i'07% i i i ”

a These are option sales.

NEfintlTlK S,
Bid.

O T H E R CITIES
Baltimore ConsolldBt Sr < Balt.
Bav State Ga»— N V Stock Exch.
income*
BomI oii UuncdGaH Bond*
Hosti
15
let 5s 1947
AA "
“1
0 cmuo Consumers lat 5s 103
'I'Cago Gnth—See N V Ht< ck K a
learn Gas Co 1st 0a____
sciunati Gas A Coke
$And interest fPnr* i»er ah

Ask
List.

--T
'••List

10

2%

103*
on.

200*
re.

T H E C H K O N IC L K —B0ND PRICES (5 pages) Pa-QE *.

Uf>u
■ .T .m x 't(x o u s o i i f
w * 6 » K I 9 IM DCC.

2

j44,

Hany%

w <« *. •
S a n i?t o r
t f t l f & li4.

t r u«

BONOS.

J'Vitiair,
D m , 2,
tod .

A lt

70

8a 1o

Lo*

l i

BONDS.
N ,Y , S T O C K E X C H A N G E
W k k k . E n d i n g D e c . 2.

/ ar i .

B ig k .\ n a .

L tn c .H ig h

|Vou LXVU.
M ange
fro m
' J a n . !•

Si

^ r

ilm A P e r* M g 6a. . . .1 9 2 0 A - O
lat consol gold 5b ..,.1 9 8 w M -N
Pt Huron Dlv lat g 6*. 1939 A - O
74%
Fla Cen A Pen lat g 5 a ..1918 J - J
85
lat land gr ext gold 5a. 1980 J - J
■
Consul gold 5 a . .. ... ... 1943 J - J
(ion o>o :
Ft 8 A V B Bge. Sc* BtLASF.
wo
os
F o r t8 tD D C o lat g4V4a 1941 J - J
77)4
88V4 Ft W A D C— lat g 4-8a. 1921 J - D
80
68 Sale
05 1 Ft W A Hlo Gr la t g 3-4a.l928 J - J
Fulton Kiev. See Kings Co Kl.
n « J
A 8 A. S u 8 P Co. ^
98
98
97)4 98
VJftl U A H Of '82 lat 58.1913 A - O
tested
...... f . . l W rofi^.v
105 ...... . 108 AngKE
Ga A Ala Ky 1st pf g 5a 194,5 A - «
OeL'V7
97
£ »• # A €$ <**■» 1*1 * 6*. 19*
97
07 Bale
Ga t.lar A No lat gu g 5 a 1920 J - J
F
e
b
‘»
7
.................
1&4 SI A w lad ft? 7 *.. I too 3 : j
Georgia P a d tic. Ste So Ry.
O lz*& A W If* J*f **-• .lt W f Y * J*
Grand Rap A lud. Sec Pa Co.
Vo** *¥*6”
*
v
»
1
*
0
Hale
t
tn
;
IV.'- A Itowl 1st bo» 4a, 19461 A - O,
an A St J. Be* C B A Q
14
92
VO
10
00 Hal a
ttotzmm
0 & *Z
ouaatonlc. See N T N H A IIa 101% 105)4
v ih
m C C k tmk 1*4» t T *.. . I 666 •;*'£ !o if4 i o n * t o m
04
94
-i 1<! , 1. 1411
94 Sale
Houat B A W T Ifltg 5S.1933 M - N
140
13«H
138
140
Oats* s Ta
.......... 1 9 U ’J-J*
Houa A Tox Cen. 8 ( 4 So P Co.
O ee* i «U»**A* td 7ft. W M J 112k
.
.
.
.
11254
11254
f
ilinoltt
Cent
lat
g
4a..
.
1951
J
J
127*< 187*4
131M4 132*4 j
< o > 4 ^ t»>*'** - * ifttrii ‘ t l !
112)4 Nov'98
a
Registered............1951 J - J
u * 2 .. .
. . . . . . . . . ,W 3 i;J
102 Oct.’98
la t gold 8)4a............... 1961 J * J 103 .. ..
107*4 OcfL‘ 07
OKA |«t Si C C C A 17ft, 1601 A - O
102)4 A p r.’9h
Registered......... ,.,.1951 J - J 103 .. ..
100 *08 j
108 Nor* 081
totC* t o t A W& Soft m 5*. W 3 i A “ O
1st gold 3a ste rlin g ....1951 Itt-fl
G + t k M aftatiA. Sm I** IlK.
Registered...........1
9
5
1
H
l-8
lt l
8 ^ > *t8
a * T 4 Mftbc® Vftl < *♦. iv*!* j - {
4)4 Sale 104)4 104)4
Coll Trust gold 4a...... 1952 A - O
& 4«rl*X*r»d........
103 Apr.’P
Reglaterwl................1952 A - O
CMrr A PSttft. Saa Pfttat Oft I
102
!.*.*!
102* 102
1
N
O
A
Tex
gold
4
s
..
1953
M
-N
fl6H
N
66*4’
. . . . . 08
03)4
Ocl i w r d - l l t < t 4 4 i .
101 M a r’9 Registered................1953 M -N
li2li 66
78)6
J
79)4
8*lo
78)4
71)4
! M r 4a,.......... ......... tW T
100)4 Sep.’08
Coll tr 2-10 gold 4 s.. ..1004 J - J
Ooi k ®*lh A *. &•* Mel Hi Ky.
Registered...... ......1 9 0 4 J - J
Ctvsac. A Grvw&t. 3**
Rj-* .,
103** N o v’98
Western Line 1st g 4g.l951 F - A 103)4 ...
76 OCU'QI]
Ob) 1! Y A T o )—Coo a 3ft-1931 » ' » .
R egistered...... .....1951 F - A
78
70
70)4
J f * U k Co * » g cf» 6*6 S-*..
...
*0454 **9*5)4
Louisville Dlv g 3)4s .1953 J - J
95M
50)4
50)4
60)4
rc44 6 * .«,......S W l J
R egistered......... .1953 J - J
©♦ceral M fi goto 4 f...l9 f»«}J * J
*88** SaJ*e*
St Louis Dlv g 3b . . . . . 1951 J - J
Registered .....,,.,,1 9 5 1 J - J
Ooi k ran Md.
u A O.
'¥454 *95*
95
Gold 3)4s........... ....1951 J - J
Oa5 OMNI A Term, ike X * W ;
J
Registered ,.....,,1 9 5 1 J - J
Ct«c-J5 A Paul Kira 1st s 4*.*43 A - O
Cairo Bridge gold 4s.. 1950 J - D
tk A IH A*, ike C W 4 8U\i
Registered . . . . . . . . . . 1950 J - D
AEto# A W ood.
M K AT-f
Middle Dlv reg 5s...... 1921 F - A
185 1528
184
184 N o t ’ 98
&* l+ c k A W «H «r o 7*.-1wot MSpring Div la t g 3)4s.l951 J - J
125)4
126
125
136
J
T
]y
*98
T Btfe* A N V us, 7 a .t»M A - Of
Registered ............. .1951 J - J
142)6 14 .)*
137*4 144
©ma A K * w u 1*! 7a 11*14 U - K 141
125
Ohio St L A N O g 5 s..1051 J - D
107 107
107 8©p.'9H
7 a . . . . . . . . . . . . . . . . . . . * 1 9 0 0 'J * Jj
123 Bep.'98
Registered ..........1 9 5 1 J - D
107 113)4
109W IOO)*
7 a .,................. I 6 7 l- W 0 1 A - 0 > ioo
1951
J
D
Gold
3)4a.................
186
142)4
189 J’ no’ OH
las
rn * r i a . . . , . . l H 5 J “ Dj 140
Registered ............1951 J - ID
140 140
WO O cu’88
KeciafaerM...........1 » ! 5 ; J - D
.....
100)4 100)4
Mem Div 1st g 4b . . . . 1951 J - D
136)413854
1ST 8op.’ 98
U T L*eA k W 1 « 6a. .lC t ljJ - Jj 1W
R e g iste re d .........1951 J - D
118)4 N o r ‘97
O©fti»4r»cftion 5a......IW A ;!’* A| .....
Bellev A Car lat 6 s ....1923 J - D 118
108 108%
108 A oje'es
W a - e - S d T t ............. WOO A - O
108
N o v ’P~
St L Sou lB tg u g 4a... 1931 M - 8 ♦100 105
143 146
146 Sap/98
A H * 4 U 1 P a D*t 7*.W17,M-8$ 1*3
93
N o v ’98
Carb & 8 la t g 4 s......1 9 3 2 M - S
148 ila y ’OT
Hm%*> «rad...............1017 M -, h 143 .
126 A n g ’98
120)4 125)4 Ind B1 A W . S u C C C A St L.
A » A ft a lalOOOgV7*1900;A- O 121 .
104
Nov*
98
103)4
■
Ind
Dec
A
W
1st
g
5s.,
..1935
J
J
120
.
t M t n i r r t ...............1800 A - O
104
101
110 118)4 lnd 111 A la 1st ref g 5a.. 1948 A - O
11644 116*
© o k At.......... ........ Woe* A - U HOW .
ln t A G t No 1st gold 6s. 1919 M - N 122)4 125
12294 12254
117 NOT’Oi
SlAdai«r»4............18C*a A - O I t 0)4 .
116)4 U 7
90->4 Sale
90)4
0054
2d gold 5s...................1909 M - S
147 147
147W •
147 3ep.’9i
& « a A ^ la*. 7a.......1021 M -N
58
59)4 59
59
3d gold 4s....................1621 51-8
141 145
141 May’98
H*ct**x*r*d.............1881 M-M 147)6 .
►106
........
10394
10354
Iow
a
Central
1st
gold
5s.l938
J
D
D-ai Kir ItK ilf*. Of* P a UK
Iowa Midland. Se4 Ch A N W .
D « Ccr. Tr Co la*, fc* 8»..1W b A - O ................
Jefferson RH. Set Brie.
D a c T t a a Cocoa n A a .l9 lo jj - J . . . . . . . . . . .
al A A G R. Set L S A M S.
m m k » Co Sat ifu * A « . w n j - jj . . . . . . . . . . .
an A Mich. Set Tol A O C.
108 11144
D-*c A H o t l#i *0137a.. 1WO0 |M-N M08 .. .. . 108)4 N ov’OS
K C A M R A B l s t g n g 58.1920 A - O
87)4 100
l i t &>■%£ 4a...*»*»,..*,19^«-!'J - J| 100 Bala
99)4 1011
75
76 H
100)4 108% K C P A G 1st A colg 5b.1923 A - O
108X4 Nov'08
l
f
£ 4)4*' ..* «• * » .tSCi&'J - J *10-8)4 108
98)a Nov’ 98
lafc»ore»*s*ji told Sr. 1W85A - Dj* 90)4 *•.,*»
85)4 98)4 Kan C A Pac. See M I A T.
Kansas Mid. Ste St L A 8 F
t>aa M A H 1>. 8t* C It A l P. ‘
Kentucky Cent. Set L A N.
D«a M A Mttiii,
Cb A N W .
!
Keok A Des M. Set C R I A P97 102
102 OcU’98
Dm 34 t o Ky l*t * 6 a ...l«l7 !M - K 100 105
52 Sale
49M
52
Kings Co El ser A 1st g 5s *25 J - J
D M H A T o L « m L 8 A A S 8 o. j
40
45
40 Oct.’08
Ful El 1st gu g 5a aer A . ’29 H I-S
Dai A V! « . l li t Han f 4a. 1995) J - D
Knoxville A Ohio. See So Ry.
O
t-»........
W 9 5 U -D I
ake Erie A W la t g 5b. 1937 J - J 115 118)4 11794 118
D ; A tfafl Katv*» Iat6a.l937 A - O 105)4 100)4 106)4 Oct.*93
104 110)4
2d gold 5 s ............ ,1941 J - J 101)4 102)4 100)4 100)4
..................1957 A - O
100 N o v ’98
North Ohio 1st am 5s.. 1945 A - O 10054 102
84 Ka«i tbortc«ca 6 » ... W lo|J - J
80
L S A M S. See N Y Cent.
D al
W A 8 lat * 5# 182 h J - J
92)4 92?
92)4 Fob.’98
1 A u g ’93
Leh Val (P a ) coil g 5s .1997 M - N
118)4 Oct.’98
D -alSoeb r * A At a 3a 1927 J - J
101 112)
R egistered...... .......1 9 0 7 M -N
U > a *to fM l»n . tk<8U*MAM ,
Leh Y N Y 1stgug4)4B..1940 J - J 105)4 Sale 105)4 105)4
A in *! t v * a o a ttoa.SoKy.l
R egistered...... .......... 1940 J - J
m m Ia i A B ^ Bet C A O.
, 109 110
110
Leh V T e r R y lstgm g5sl9 41 A - O
Kse Out* A Ko. A m U I i AKV.!
109)4 J’ly ’9’
R egistered................. 1941 A - O
. . . . 114
*rta I t i a s l « <a........«..!9 *7 j«lf-N 112
112 116
114)4
92)4 M a r ’98
94
*•■!« &a.-.
191V M-J8 U 9 J 4 ...... 119)4 Anc*9b
L V Coal Co la t g u g 5a.. 1933 J - J
9 4 «n
4 U » ... . . . . 1983j,W -e \ 12W ...... 118 Nor*t»8
Registered....... ..........1933 J - J
108 113
91)4 92
91 Oct.’08
4tA « * t cold 3a,.......1 9 3 " A- O n » ) 4 i 2 i
118W 118k
1 IS 118)4 Leh A N Y la t g u g 4s...1945 M - 8
6<A’ a f t * ‘ 44 « t ...... ... 1928 J - D 104
Registered............,1 0 4 5 M - 8
10*k
104)4 105
1*3 eofsjcxl ftctld 7a...... 182« M- H 144 145)* 144)4 N ot*98
E l C A N 1st g 1at pf 06.1914 A - O
188 147M
101 Sep.’9 7
142)4 W2W
Sfi
f « M fd 7a,, 19201Al- H W l
Gold guar 5 s.........1 9 1 4 A - O
140 143
14W
Leh A Wilkeab. Set Cent N J .
JU>fc# lH<3t 0«‘*n *old 6a 1936^ A - O 125
"98!
189 ©Op,1
183)4 139
$ * f f » T A E.no ta*. T a lV l « J - li 133
Leroy A Caney Val. Se«Mo P.
183 188
188 O’ no‘00
Lex A v A P F. See Met St Ry.
8 tear A ** W arjHl
8oa! J - J
Lltch Cor A W 1st g 6 s.. 1910 J - J
............
>- J
7#? HK 1*1 ten «.-l<a 3a.19f.i9f A-O} 100
32
84
34 N o v ’ 98
li R A M I at g 5h 19H7 T r otfa.
108 Nov* 98
108 106
lllfe m
C2sl* A l£n* 1«C b 3a
1882JM-N ’ l l ]
108 118)4 Long Dock. See Erie,
120 N o v ’ 98
Long ial’d— la tc o n g 58.1931 Q - J5 122)4 125
C«*aJ A t t l U H e *o 6a 1982 j51 -W
100 . . .. .
A 1J» p l at cor a«_ 191 ;•*,j - J
lat con g 4h ...........1 9 8 1
97 ......
97
General gold 4s,........ 1938 f - JJ
S T 4 Otaat) l . f U f 3*. fV tf'j3l
100
97)4
j107 109
94
95
99
04
Ferry lat gold 4 )4s.,,, 1922 M - 8
M » 1i t <rm g 4a pr bda 199f- J •
Gold 4a...........
.1032 J - D
03)4 125
* n*cialMTd.. . . . . . . . . . lVV*1^J
Debenture gold 5a...... 1984 J - D
lo r ;
g 4a....]09' J Halo
*74U i 383 66** *76**
M ay’97
N V A R B la t g 5 a ....1927 M - 8
....... ...
R»^}jrtaf?*d, . . . . . . . . . . W v I J 2d lnoome.............1 92 7 S op
107W110
« r S * W - 1 A ref 6a. 1 :t? jj 100 ‘ Nov*’*98
N Y B v.v M B con g 5a.. 1935 A - O '100)4 •
106H N ot '1
* »»* * i o a i ’
,
id r o M 4)**.
,1031 F Bklyn A Mon la t g 0H.1911 M - S
H*H 02)4
Oat«ar»i * s * . , l w * r F 32
98
lat 5s....................... 1911 M - S
►109
T a m iu ii 1*1 a 6 a.... 104.^ M
Nor 8hb latcon b « u 5s ..’82
100)4 111k
Bavia 66,0106 a*^b Wtei 71*N
N Y Bay Ex R lifcgu g5s,43 T - j
'.TaAJLsuia*, ga g r.«l V*<r J *I>I • 9*
MontAuk Ex g u g 5 a ...l9 4 5 J - J
V5
i 9 : o a k tO lk
120k A u g ’VH
Mid ttto flM fat f 6a W K 1.A
* -O
12*
.a A Mo Riv. Set Chi A Alt.
A 8 t L Con en g 5a.1989. >
• e * . ' A h 8«p.
CAHW
CB N o r’97
• * r * fc * *Wtfag‘§ Sat # Aa. 1661 I f - a * 60 ,
T rC o c e rta .......... . .
50
50k
50 .
\J - J • I >8 ...... . 1V3 N o r‘PK
It A T Ill
2)4
Genera! gold 4 a..........1943 ill'118 123
0J4 N o v ’ 98
5)4
5« - -..,1912 | A -o f 9 7 k Sale
*103 .
Lou A Naah—Cecel Br 7a 1907' M
97
97% ! 35 03 100
106 Nov*»7
l « i ftp..,. ,. iv » :;f A - O
Mi
N O A M la ta 6 »........ 1930 . l - J *125 .
127
>28
A -O
rh 1**' v '**•
108 .
2d gold 6s.................1930 J
108 Oct.’98
, 19* 6 '.1J -3\
»t
1*1
I 94
94
117 N o v’98
B H A Nash 1ut C 0 8 -. 1916 J - I ) -114)4 .
j 77k 90
r*?#o. t 9 * itw Cl> M A »S P.
3f»nernl gold 0 b.
.1930 J - D
120
121

F

i a h a **.

ammr** i * I

70
O A C * j= tH
85
hs
c «? c a * l
VU , J , „ , 91 %
old 4a . 3y ¥ J - J
Cfearc t o t 3
98
I U | 4ft. !W o jM * N
#l L t o f la
.....
9C
W^K» i£ .S
......
W ao KL><
67
s»
!>'
r ,
9i
J-J
w 4 it t*
10 IH
t M * :« m io ik
i as i. a c
W it J - J

S

68
Hi

70
Nor*VH
HepL-'Uft
9Hk
VLex’ 98
........
A lf* iM
fior*9H
N0v*98

88%

98)4

*92** *97*'

H

88

96

109W115
108k 112)4
102 105

)4

101

102)4

100
103

104)4
103

101

101

97)4 102k

100k 100 M

loi** 105**
27

92%

30

7 8 k * 8 8 **

95k

92% * 95)4

D

S

...

i V iU 1 2 i "
123 123

”i

100k 103)4

...

15
2
11
13
5

*90*

*90**

97
103
110
78
44
97

105
104
123%
92
60
105«

05

81«

40
35

59
40

K

L

18 115
95

110)4110)4

08NHalo 03

01HSale

- .

>

-■:

00H Aw*.- '

•*"'! <nt«3 \h:-*

OUTSIDE SECURITIES (Otvss
Bid.
f? a * S f w f rii l a * .
Noftr.’S
.45
If* f t .........
.......... «?no
if"v Qn —I p v l
77
it*
Tpyj..,** ,* , aj A*JIfj1US

04%*Wii

B mda duo August,
a t

foot

A«k. 1
O m H f c o r lllr w .
Fort W ayne fin d )—St* k
S«
1»« o* i 02 fL ...,....J A J
Grand FUplda—Stock......
106 | 1*1 5a r » 1 5 . , . . ___ FAA
r<j ( 01 } G m L ...2 5
15
->MSpf-c7>4 0 « « (If .
?n j Ind tana Ns! A ITi O ai—3tk
’ »•
i
...
hi
|
1*4 0# 1608
MAN
J A R 69
C ^ * ’ 0 * ! PfS-la
75 j IndUMiAprdU O n —ftpdt
pT^-f ...
h t R) 1020
. MAN
54k
71
****»»“ ' ‘ ■*4 K 9 I* Jersey Ciiy G&* Light. •.,
Jjt/iwla O m —?• T Stock
! « . Af_. ............ .
1 &S
104
lafaysiUe find) O w —3tk
1 F B it k KrL
let f«# 1924 , . , , ..M A N

op

7

i Bind a due April,
o o n

’8 b o t j t i 7 E

u Bonds due January.
p a g b

3 ).—

Rid.
Bid. Ask, |
(> a a K e c n r lB a a ,
51
71
70% j IvOganapt A W ab V al—8 tk
72
1st 0 s 1925 ...........3AD
86 k 87k
Madison ( W i i ) Gas— Stck
60
91k 95
DOS
1st 6 a 1930.......... A AO ? 99%
104
01
t 42
70
1st 0b 1920 ...... ,,..TAD
56
71
Peoples Gas A Coke—*N Y Stock
75
Philadelphia Co—See Bos ton L
115
125
35
104% 105k
90
5s 1937............J
50
Bxch.
|Bt Paul Gas—Stock.........
Consol 5s 1944 ... .MAS $ B'-lii
86
8*
18
85
87% 1 ivTaouse Gas—S tock ..,,,

11

104%

100

102

104

104

99

105)4

107

112)4

02)4 *98)6
93 ”

91

29

34

117

120
97%
94

IS
100

102)4

53
7

32
5

120% 128
100 108
113 118
116)41*1

$ Bonds due July*

GAS SECURITIES, <&g

Ask.
55
78
63

H a s 9 ecuritin's*
Syr’eeGas— -t i f ’40*.J AJ
fcaternGas (M ilw ) —

102

T e le g . dk T a le p h .

Bid.

Ask.

88

86

89
list.

91

53
Stock
71
Vmerican Tel A Cab—N Y Stock Exch
110
Exoli
lentrai A 8 outh Aiuer—
108
1st.
1 "hes & Poto Teleph— 8 tk
51
38
105
103
93
Commercial C a b le ...,..., 175
52 ]
113
ommer Union Tel (N Y ). 110
«4 «
E noire & Bay State T e l..
76
75
15 1
{A n d interest. tPriee per ah are.

Dec. 3, 1898.]

THE

BONDS
N .Y . S T O C K E X C H A N G E
W e e k E n d i n g D e c . 2.

P r ic e
F rx d a y ,
D e c. 2.

o
£

Week's
Range or
L a s t S a le.

l a

B id .
A s k . L o w . H ig h . N o .
Lo u A Nash (Con.)
103)6 Sep.’9
Pensacola div gold 6 s. 1920 M - 3
B t L d lv 1 st g 0s......... 1921 M - 3 *123 120 121 J’ly '97
2d gold 3s................ 1980 H I-S
" !!'. !! 107 N o v ’98
Nash A Deo 1st 7 s . ..1900 J - J *
S in k fd (S A A ) g 0 s.... 1910 A - 0
10S% N o v ’98
S A N A c o n g u g 5 s....l9 3 6 F - A *104
Gold os....................... 1937 M - N *1 0 4 % ...... 104% N o v ’98
94%
90 % 178
Unified g 4s.................1940 J - J
V5H Sale
Registered............... 1940 J - J
111 N o v ’98
Pens A Atl 1st g u g 0s. 1921 F- A 100
%
Coll trasfc g 5s.............1931 M -N 106% Sale
L & N & M A M ls t g 4%s 1945 M - S *109 ...... 109% J’ly ’9S
N F la & S ls t g u g 5 s ..1937 F - A 103% Sale 103% 104
91
Oct.'98
Kentucky Cent g 4a. . . 1987 J - J
9 1 % ......
103 Jan.’98
L C l n & L e x g 4% s....l9 31 M -N 100
L A Jeff Bge Co gu g 4s. 1945 M - 8
L N A A C. See C I 4 L.
109 Mar'98
Louis Ry Co 1at con g 5s. 1930 J - J
ahon Coal. See L 8 A M 3.
94%
95
95 Sale
anhattan Ry con 4s. 1990 A - O
Metropol El 1st g 0s.. .1908 J - J 117 X ...... 117% 117%
102
2 d 0s.........................1899 M -N 101 % ...... 101%
Man 8 W Colonii g 5s.. .1934 J - D
Market St C Ry 1st g 0s. 1913 J - J
M cK'pt & B V. See P McKA Y
Metropolitan El. See Man Ry.
50
Met St Ry gen c tr g 5s.. 1997 F - A 118 .
117% 118
120)6 •
122% N o v ’98
B w ayA 7 th A vlstcg5s.l9 43 J - D
R egistered.............. 1943 J - D
11
Col&9thAv 1st gag5 s. 1993 M - S •122)6 123)6 122% 123
R egistered.............. 1903 M - S
L e x A v A P F 1st gu g 5s.’9S M - 8 128** Sale 132% 1*2*3
R egistered......................M - S
M ex Centoon gold 4s... 19 11 J - J
8*6 " N o v ’98
lit o o n inoome g 3 s...l9 3 9 J’lyt
2d con income g 3s... . 19Jb
Equip A coll g 5s
*- O
8 u% Sale
M ex Internet 1st •- g i s . ’7 7 M - S
80%
80%
M ex N at 1st gold 0 s......1927 J - D
2dlno 0s A C p stm pd.l9t7 M - 8 $
13 J ’l y ’97
2d income gold 0s B..1917 A n .i
97 F e b '07
99
Mex North 1st gold 0s. .1910 J - D
Registered------------- .1910 J - D
Mich Cent. See N Y Cent.
Mid of N J. See N Y Bus A W
MU El Ry A L 80-yr g 5s. 1920 F - A
101% N o v’98
M L 8 A W . See Chic A N W
Mil A Mad. See Chic A N W
Mil A North. See C h M A S t P
MU A 8 t P. See Cii M A St P
Min A St L gn. See B C R A N
Minn A St L — 1st g 7s .. 1927 J - D 143)6 •
43 Oct.'98
110
l i t oons gold 5s ........1934 M - N
109
109%
Iowa ex 1st gold 7 s.. .1909 J - D
125 Oct.’98
South W est ex 1stg 7s.’ l0|J- D
Pacific ex 1st gold 0s .1921] A - O *123)6 1*8*6* 131% A u g ’97
M A P 1st 5s st 4s lnt g u ..’36 J - J
M SSM AA 1st g 4s lnt g n .’26 J - J
M S tPA S S M cou g 4sintgu’88 J - J
Minn St Ry 1st con g 5 s.1919 J - J
Minn Un. See St P M A M.
00 Sale
Mo Kan A Tex— 1st g 4s. 1990 J - D
89%
92%
05)4 Sale
2d gold 4s...................1990 F-AJ
65
05%
li t exten gold 5s........194* M -N
...... 90
88
A u g '9 *
84 .......
84%
817%
M K A T o f T ls t g u g 5 s .’42 M- S
70
K O A Pac 1st g 4 s.... 1000 F- A * 70
74 N o v’98
Dal A W a 1st gu g 5s. 1040 M - N • 80
85
81% N o v’98
Boonev B d g C o g u g 7b . . ’06 M -N
'Tebo A Neosho 1st 7s. 1903 J - D
Mo K A E 1st gu g 5 s... 104 vs A - o 100 101 101 N o v’98
Mo Pao—1st con g 0s. ..1920 M -N 104% Sale 103% 104%
3d 7a...........................lv*O0 M- N 110
...... 109% 111
Trust g 5s...................1917 M - 8 t
83% Sale
83%
33%
Registered.............. 1917 M-St
1st coil gold 5s.......... 192o F- A
77% Sale
77%
77% 10
Registered............. 1920 F- A
Pao R of Mo 1st ex g 4s.*38 F- A
..... i’ ‘ ” 105% 105%
2d extended gold 5s. 1938 J - J 108
108
108
Verd V l A W ls t g 5s. ’20 M - S
Leroy A C V A L 1st g 5s '90 J - J
3 tL A I Mt l s t e x t g 4 %s. ’ 47 F-A* 107% ...... 107% N o v’98
2d ext g 5b ..............1047 M -N 100)6
.... 100 % Nov'98
Ark Branch e ztg 5s. 1035 J - D 101)6 tO0)6 107% N o v’98
Gen con ry A Id grt ^ '■s '8 1 A - 0 100 Sale
97
101
Genconstam pgtdg 5s ’31 A - 0
08 Sale
93
98
M lssR lrBdge. See Cine x Alt
M obA B lrm prior lien g 5s.'45 J - J
Small.............................. J - J
Income gold 4s.......... 1945 J - J
43
Small..............................
Mob A Ohio new gold 0s. .’27 J - D •1*24*
125% N o v ’98
1st extension gold 08.1027
119 D eo'97
General gold 4s..........103m
81
82
81
81%
Montgom Div ls t g 5s. 1947 F - A •1 0 3 % ...... 103% 104
St L A Cairo gu g 4s . 1931 J - J
Mohawk A Mai. See S Y C A H
Monongahela Rlv. See B A O
Mont Cent. See St P M A M.
Montank Ext. See Long Is.
Morgan's L a A T . See 8 PCo.
Morris A Essex. See Del L A W
V T a s h C h a t A S tL 1st 7s.'13 J - J
132% 132% 23
2 d 0 s .................. .1901 J - J
105% N o v’9 ;
1st con gold 5s........... 1928 A - 0
100 N o v’98
1st 0s T A P b ............. 1917 J - J
1st 0s McM M W A A l . 1917 J - I
1st gold 0s Jasper Bob. 1923 J - J
Nash Flor A Shef. See L A N
New II A D . See N Y N H A H
N J June HR. See S Y Cent.
N J Southern. See Cent S J.
New A Cin Bdge. See Penn Co
N O A N H prior Hen g 0s. 1015 A-OT 112
N Y B A Man Boh See L I.
N Y Bay Exten RR. See L I.
N Y Cent A II R— lst7g. 1903 J - J 110
118 Nov’98
Registered.............. 1903 J - J 110
118 Nov’98
Debenture 5sof. 1884-19° 4 M -H 100
111% Nov’08
Registered ....1884-1904 M -S 109
111% Nov'98

Range
fr o m
J a n . 1.

...

100)6 106

..

M

07

* No price Friday; these are latest bid and asked this week,

O U TS ID E S E C U R IT IE S (G iv e n
Bid.
75
40
110

90
75
109

78

Mexican Telegraph......... 200
205
.Mexican Telephone....10
65c. 80 O.
New Eng Telep—See Bost on list
Northwestern Telegraph. 112
146
N Y A N J Telephone —
5s 1920................ MAN 110
1 12
Pacific A Atlantic..........
75
80

Friday ,
D e c . 2.

Bid.

L o w . H ig h .

94

103%

100 % 106%

83

95%

90% 111
101%10S%
108 109%
87% 104
85
92
103 103

*90
98%
114% 119%
101 105

108%118
114% 122%
t 10

123%

117 " i ‘23%

00

..........60%

70%

80%

101% 101%

142% 143
100% 109%
125 125

82%
57
83%
80
70%
75

92%
07%
88

99
76
84%

93% 102%
93 107%
103% 112%
05% 87%
60

80

100
100
105% 109
107 110%
102% 107%
102
108
80 101
80
100

118% 125%
70
82
97% 104

128

Week,'a
Range or
L a s t S a le .

133

liu n g c
fro m
J a n . 1.

Ask Low. High,

N Y Cent (C m.)
Reg deb 5s o f .. . 1889*1904 M - S 109 ...... 109% 8ep.'97
1 0 4 % ...... 105 N o v’98
Debenture g 4 s .. 1890-1905 J - D
Registered...... 1890-1905 J - D } 0 4 % ...... 104% Feb.’98
Debt certs ext g 4 s ... .1905 M - N 103% .. .. 105 N o v’98
Registered................1905 M - N 1 0 3 % ...... 104% J’ne’98
no
G 3%s .........................1997 J - J n o
Sale
Registered...... .........1997 J - J 108 ...... 108 N o v ’98
97 Sale
Lake Shore col g 3%s. 1998 F - A
90%
97
R egistered.............. 1998 F - A '........ 90% 90%
90%
Mich Cent coll g 3%s..l998 F - A
9-; % Sal*.
95
90%
94% 94% 93 N o v ’98
R egistered.............. 1998 F - A
Harlem 1st 7s............. 1900 M - N 105% ...
105% Nov’98
105% 105%
Registered............... 1900 M -N 105% ..
N J Juno R gu 1st 4s .1980 F - A
103 M ay’97
Registered...............1986 F - A
W est Shore 1st 4s g u .2301 J - J 112 Sale 111% 112%
Registered...............2301 J - .1 111%111% 110% 111%
Beech Crk ls t g n g 4s. 1936 J - J
108 N o v ’98
Registered............... 1930 J - J
100 J’ne’93
2d gu gold 5s...........1936 J - J
Registered................1930 J - J
Clearfield Bitum Coal Corp
Ists f lnt g u g 4s ser A . '40 J - J
95 J'ly ’98
Small bonds series B . .’40 J - J
Gouv A Oswe 1st gu g 5s.’42 J - D
R W A O gcon lstext5s.'22 A -O *
130
ISO** N o v ’*98
Nor A Mont 1st gu g 5 s.’10 A - 0
R W A O T R ls tg u g 5s. 18 M - N
Oswe A R 2d gu g 5s. .1915 F-A5
Utica A Blk Rlv gu g 4s. ’22 J - J '111 ....
107 A u g ’i
Moh A Mai ls t g u g4s. 1991 M - S
Cart A Ad 1st gu g 4s. 1981 J - D
N Y A Put l8 tco n gu g4s.’03 A - O
N Y A North 1st g 5 s.. 1927 A - O
123% 123%
Lake Shore A Mich South—
Det Mon A Tol 1st 7s 1900 F - A
121 Ap r.’98
Lake Shore dlvld 7s. 1899 A - 0
102% N o v’98
Consol 1st 7s....... 1900 J - J
108 Oct.’98
107
L«»7
R egistered........1900
Consol 2d 7s......... 1903 r . n
117 A u g ’98
115% 115%
Registered......... 1903 J - D
Gold 3 % s ..........1997 J - D 100 Sale 100
107%
10?% 107%
Registered......... 1997 J - D
Cin A 8 I s tg L S A M 87s’01 A - 0
108% D eo’97
K A A G R 1st g c 58.1038 J - J
Mahon C’l RR 1st 5s. 1934 J - J
121
Oct.’98
Mich Cent— 1st con 7sl902 M - N 111 112% 112 N o v’98
1st con 5s.................1902 M -N 104% Sale }04%
104%
0 i ............................. 1909 M - 8
122 Feb.’9 »
5s............................. 1931 M - 8 *120
121% J’ne’9S
120
Registered...........1931
125% Jan.’98
4s............................. 1940
106 Feb.'98
Registered.......... 1940 J - J
108 Jan.'98
Bat O A 8 t 1st gu g 3s. ’89 J - D
N Y Ohio A St L la t g 48.1937 A - O 105% 106
105%
105%
Registered.................. 1937 A - O
104 N o v ’08
N Y A Greenw Lake. See Erie
N Y A liar. See N Y C A Hud.
N Y Lack A W. See D L A W
N Y L E A W . See Erie.
N Y A Man Bch. See Long Is.
N Y A N E. See N Y N H A II
N Y N H A Hart ls t r e g 4 s .’03 J - D
104% Oot.’9
Convert deb certs $1,000 .. A - 0 •162
162
102 %
Small certfs $100...........
100 Oct.'98
ITousatonlo R con g 5s. 1937 M - N 125
120% A u g ’98
N U A Derby oon 5 s... 1918 M -N 113 .
121%
121%
N Y A N H 1st 7s........1905 J - J 121% .
1st 0s....................... 1905 J - J *115% .
115 Oct.’98
N Y A North. See N Y C A FI.
N Y O A W oon 1st g 5s. 1039 J - D 1105% Sale 105% 108%
Refunding ls t g 4s___ 1992 M-81 • ....... 103% 103% 103%
Regis $5,000 on ly ... 1992 M -S |
% ...... 101% 101 %
N Y A Put. See N Y O A H.
N Y A R B. See Long IsL
N Y S A W. See Erie.
N Y Tex A M. See So Pao Co.
North Illinois. S su C h lA N W .
North Ohio. See L Erie A W.
Northern P acific117
Gen 1st RR A L G s f g0s.’21 J - J 117 Sale 117
Registered................1021 J - J
117 Oct ’98
St P A N P gen g 0 s...1 923 F - A *120
131% Oct.’98
12H ...... 130 Sep.’08
Registered otfs......1 92 3
Prior lien r A 1g g 4s.. 1997
101 % Sale
10196 102
100 % 8ep.’98
Registered................1997
General lien g 3s........2047 * Ft
07
67%!
67 Sale
Registered.............. 2047
88
94
Wash Cent 1st g 4s . . 1948
88
N o v’98
110
110
Nor Pao Ter Co 1st g 6 s. 1933
....120
Nor Ry Cai. See Cent Pac.
Nor Wis. See C St P M A O.
Nor A South 1st g 5s___ 1941 M -N
0 0 % ...... 102 J’ne’98
123 8ep.’98
Nor A West gen g 6 s . ... 1931 M -N ♦120
New River 1st g 6 s. ...1932 A - 0 *124 128
128 N o v’98
117% A u g ’98
Imprvmt A ext g 0 s... 1934 F - A
F e b '97
..... 101
O C A T Is gu g 5s— 1922 J - J 105
Soto V A N B lstgu g4s. 1W8H M -N
93%
94
04 8 ale
87 Sale
N A W tty lstoo ng 4s. 1996 A - O
80%
87
Registered.............. 1900 A - O
Sm all....................... 1996 A - O
Nor A Mont. See N. Y.Cent,
r A L Oh 1st con 0a..1920 A - O
Income...................1920 A - O
Income small................... A - 0
O Ind A W. S e e O C C A S tL .
Ohio A Miss. See BAO 8 W.
102 Jan.’98
Ohio River RR 1st g 5S..1930 J - D
General gold 5s........... 1937 A - 0
84 Sep.’98
Ohio Southern ls t g 0a. .192 1 J - D
9 8ep.’98
General gold 4s.......... 1021 M - N
8% Sep.’98
Eng Tr Co oertfs.......... .
Om A St L la t g 4s........1901 J - J * 80
80
80
Ore A Cal. See 80 Pao Co.
114 Oct.’08
Ore Ry A Nav 1st s f g 6 s . 1909 J - J
99% 101%
Ore RR A Nav con g 4s.. 1040 J - D
99% Sale
131
Ore Short Line I8 tg0 s.t02 2 F - A 130 Sulo 130
121 J’ne’98
Utah A Nor 1st 7s......1908 J - J
102 May’97
Gold 5«
.1990 J
I

110

n

101

...

1:5

..

105% 109%
104% 109%
102% 112 %
t o t % lU %
108 108
100 100

95

95

119%130

107

107

123

120

103

107;

121

131
115%
107
123
127
125%

110
103%
122
121
125%
106
108

100

108

10*6*’ ioV %

104

T04

145 162%
145 100
120 % 120 %
119 121 %
113% 115
105% 109
108%
101 % 101 %

112
1 12

124
I24)s
90H
03
57

llB *
119
131 «
130
102 %
t o iX
09

88

90

104

110

102
120

105
1851*
1 *8 '

118
117
82
74%

94
87)i

O

i ’o o*' ib‘6*

113% 119S
113% 119
t o r ^ 119
1 1 1
%

t Bonds due Jan.

ax foot of

Ask. 1
T e le g . Ac T#*l#»nh.
75 X Southern A Atlantic.......
50
W est’n Union Teleg—N Y

P r ic e

BONDS.
N .Y . S T O C K E X C H A N G E
W e e k E n d i n g D e c . 2.

100

T e le g . <fe T e le p h .
Erie Teleg A Telephone..
F ranklin.........................
Goid A Stock..................
Bonds......................
Hudson River Telephone

1*51

CHR01SI0LE.—BOND PRICES (5 pages) P agb a.

7

A-k
Bid
90
95
Stock Exch

E le c t r ic C o m p a n le n .
175
Allegheny Co Light C o ... 105
40
50
45
Br’dgprt (Ct) El Lt Co.25 t 41
10
Consol Electric Storage..
15
Eddy Electric Mfg Co..25 t .......
Edison El III Co N Y - N Y 8 tock Kxch
Edison Kl III Co Brk—N Y Stock Exch
14
Edison Ore Mining Co—
n
HO
28
Edison Storage

t Boads due July,

ll Bonds due Jane.

consecutive pages ).—
E le c t ric (.'o i iiiiu d I ph
East End Klectrlo Light..
Electro-Pneumatic..........
Fort Wayne Elec. Co ..25
Series A .......................
General Electric Co— N Y
D o p re f.—See Boston L
Hartford (Ct) Eleo Lt Co.
H artf'd (C t) L tA P o»C o 25
Mo Edison Elcctrl .
Do preferred. ___
Narragan. (P ro v )H l Co.50
New
(C+) FHeo Lt. Co
H,tl »de Inland Eiec Pro Co.

Bid.
4o.

41
1x84

80

102

75

85%
15
14%
82

111
89
118

110
10196
131

8
8%

121

121

7 Bonds due S O f

TEL. & E LE CTRIC , <&c.

Ask.

i

8o.

Stook BIO)
1st.
125

M *

4 Bonds due May.

102

18
43

77

x ll S U 125

ip o t r lc C o m p a n ie s .
I’oronto (Can) Elec L t Co.
rhom-Houst W elding Co.
Jnlted Elec L t& P Co pref
B on d s..........................
•Voonsocket (R I ) El Co..

Bid. Ask.
1 35* 13»X
100
12
18
83
85
100

F e r r y C om panion.

B'klyn A N Y Ferry-Stock
39%
Bonds......................... i «8 X
i43
ioboken Ferry—Stock..
1st 5s 1940...........M&N 11"%
Metropolitan Ferry— 5s. 4108
5A I'd interest ►Pr***
**'

40X
90
140
113
110
ar j

1162

T llb ;

if

BONDS.
L M I O C t t iX C U lS O E
45
V f e M Jfc*&t*Q D » f . $

CIlkONlCLEL-BOND PRICES (6 pages) Paqe^^
P r ic e

Jhrwe

BONDS.

5v

Friday,

IH * . *1.

N .Y . 8 T O O K K X O E L A N Q K
W e e k E n d i n g D e c . 2.

1 -2

D e c . 2.

Friday,

[Vol. U c m

B id .
A *k .
Bar F A W U t oon g Cb . 1934 A - O
l i t g 5a..
1934 A - 0 109
Scioto Val A N E. Ste Nor A W
104X104*
104
104X Feb.'9S
8eab A Koa 1st 5 *..........1928 J - J
Sea A B Bd«o. St* Bklyn EL
100
J
J
Bod Bay A So 1st g 5 *... 1924
Oc r ft is t*. a * v h s* w
25 98** 100X
100
n « c Court Oa*—t *•• * As HM J -i»: 104%
So Car A G a l« t g 5e-----1919 M -N 100 Bale 100
x U ( J M*s#s«rt. SM Mo P«*
Southern Pacific Co—
o
107 107
107
Jan.*9*
F
A
:*♦. af e * %#. •• 1ftU
Gal H ar A S A ls tg fla .1 9 1 0
100 105X
103X Sep.T98
2d g 7 *......................1005 J - D
A f o M M i r e fts.» >•••♦**15
6 108 116MI
! Ift% tin
l 92
99H
ii& H
n s*
98X
Sale
Hl-N
98X
99X
Tima- O offt lift ( 4%*
M
e
x
A
Paodiv
la
t
g
S
s
.’Si
no
110 J 7 y ’9 « . . . 1 1 0
I t e w in r i..
5Wt U Houa A T C 1st W A N7*.*08 J - J
103
i
...1,10*
10*
Nor'99
•44 i%*<.-ura**.r»*’ 103 M
110 ...... 112**
1*12*
107X 118**
1st g 5a int gtd........1937 J - J
105 112
A O C 4 & U *a a r »ft *%•Con g da lnt gt-d....... 1012 A - O 110 ...... 112 Sep/98
lo o * n s m
llBt*!
7 6 « 85X
£*r.«* A.,
*.*i*$w* A- t)< 11348...... U M
85
S5X
85X Sale
Gen g 4a la t g t d .......1931 A - 0
108 113%!
. . . . . m s OoCOd
. A- _
120X
Feb.’ON
120X 190X
M
organ'aLa
A
T
latg0a.'20
J
J
Im w •
118 113
. .. . U 8 I l l s
Nor*98
■ si- N
127
127
127
Apr/98
1st 7a.......................1018 A - 0
104 104^
104 N o r '99;
" to
ftatn** D 4* «U A f.,,. IM S IMM* Ni
10(5« 108 | N Y T A M exgu ls tg ia .'X S A - 0
108 J'ooSfS!
75
98X
93
w n u Qtft A fit- it i»t 7$-ltoo|Fto A m 07H
93X Nov’98
J
J
Ore
A
Ca!
1st
gtd
g
5a.
1027
109^ A p r ’97
300
75
55X 70X
75 Bale
4U>*!4««r*4 — ....... *M;1”
••*♦*•
8 A A A Pass list g u « 4 s . ,48 J - J
140 141
HI
Nor*9S
! _I N
no
< v ’98
110 116X
m u r*. w A 0 1st 7s. iftlft'J - J . . . . . .
T
ex
A
N
O
1st
7
b . ....... 1905 F - A
141
140
HI
Nov’93
M 7 * .......
,.,..1010 J - J ........
106X Nov
Sabinediv 1st g 6a.. 1012 M - 8
J4 7* ...................... m a A - O I ' . . . . . .
Vex io s x
108X 10«X
Con g 5b . . . . ............. 1943 J - J
U * t t A p r’97
81L A P 1*4 eoa g fts* 11 « A - O j ......
100X U 2 X
m x
i t 2x
S o P o f A rg n 1st g Oa.'09-lO J -J I 110
. . . . . . . . . 1088 A - O . . . . . .
106X
110X
113
•
I
I
I
109X
Oot-’Oo
B
P
of
Cai
1st
g
0
s."05-12
A -O
107 109
107* * Ma VV98
$ £7 ft W U f p f l l f ?• 1000 M-N>*10S
102X Nov'98
92X 1 0 9 *
1st con guar g 5a. .1937 U - N 104
U S S f B l ^ i i N f l A l M i i J -J| ........
81X 89
89
89
88
A A N W 1st g u g 5a. 1941 J - J
C A r - s M ...............l t 4 a ; A - 0 .........
.......
8 P Coast 1st gn g 4a.. 1937 J - J
<Brt« A Fli* spagPX* B.1P40 J - J ........
’...........
8 P a c o f N 5lex 1st g Oa.’ l l J - J *113 ...... . 11 3Xi N o v ’98 265 105X112W
87
104X
Sonne C. , . . ............
10454
Sooth Ry—le t oon g 5b .. 1994 J - J
104116 Sale 1035,
08
98
J - J -.•••*
98 Oot,'9H
Registered............... 1004 J - J
10*
Nor'97
Ailttffa 1*t4 * » a gn g k 104* [ j I - 81 ...... .
108 107
Mem Dlv lafcg 4*4X*5al996 J - J i b v x : : : : : 107 Nov’98
X A C IU3go gun g a g i %*- 45 J - A . . .. ..
Registered
..........
1990
J -J
108** MftVV97
r m ILK U * r«*U « • tf *A-lgW |M -N| . . . . . .
98 102%
E Ten rear lien g 4-5S.1938 M - 8 i o s x Y.V.\ 1Q2X Nov’98
Cea tsCuMlra* f ft*..,*.,100&;J -■# f . . .. ..
RegiBtered............... 1938 H I - 8
Coa cfifWLCJ At r w * •.■lft0ft}Q*M1 . . .. ..
112X
A
n
g
’97
A la Can R la t g 6b — 1918 J - J
Com t 6 * . . . . . . . . ......... 1*10 **-** ........
Atl A C h A ir Line ino.1900 A - 0
118 118
...... 118** Sep/98
Ool & Greenv 1st 5-6a.l910 J - J *108
U m *u i*r+S ............•*J5!SI^L- S'l ........
05% 108
Cofi g 4 * ..... - .............
E T Y a A G a 1st 7a... .1900 J - J
107X Sale 107X
107X
C lA M a r H t g u « < % * .! 935 M -N
112%117
*116
116X
N
o
v
’
98
J
J
I1
5
X
H
5
X
Divisional
g
5a........
1930
ll& X F a b .'9 8
L ' K I R a i C u r s & k l M i >1-8 • n o
107 114%
114
*
Con lBt g 5 s..............1950 M -N 114 Sale 113
O B R R 1 B t f* l* t * u 4 * «.’8 6 K - A
125
118
125
125
Ga Pac Ry 1stg 0 s .... 1922 J - J ♦123 125
&«& ft L «w i* ls t g 4* .IftS* J - J t
112
n ew
118X
Knox & Ohio 1st g 0a .1925 J - J 118 ....... 118X
f * s a « . 'U i A A i Set L A S u h
118
1*B X
125
125
*123
.......
Rich A Dan oon g 0a. .1915 J - J
95 101X
99 N o v’98
100
f%o D * c t S i * t f ft»tr ree.’20 J - J
...... . 101 N o v ’ 9
Equip sink fund g 5s. 1909 M - S 100
95X
90
95W
O
c
t
’98
94
S *eu* IMv 1st (ft * ttrftft’SOjM- 8 •
95 105
104
Sep.’
98
1
Q
4
X
110
Deb
5s
stamped......
1927
A
0
15
18X
18H
84 g 5m u roe 1st pdUftSfljM- Nj
100 109J4
109
10 9X
Virginia Mid gen 5 a.. .1930 M - N 1QSX 110
r * o | f * 4 L S w C C l ' i S tL
io a
10954
Gtd stamped......... 1930 M -N 10SX Bale 109X 109X
120 120
130 May‘08
I %o ft P«fc 0 * le t 8 ft*.. . I t * 1 Q - F
8 7 « 80
90
A
u
g
’
98
*
87
......
W
O
A
W
1st
oy
gn
48.1934
F
A
85X 00
90 Sep.'08
ft* f 4 1 4 *.........F #h , 1021 M- N
110S 118)4
....... U S X
W est N C 1st con g 08.1914 J - J ♦116
USX
137
N
ot
’97
Pha# Creek reg f » * r ft*.. 103* I - D
8 A N Ala. Set L A N .
f t t i l Q c 4 0 t L St* Pojifi Co.
Bpok FallsANor la t g 0s. 1939 J - J
F O CM Si l * St* P m n Oft
107X
107U
Stat Isl Ry 1st gu g 4X s .1843 J - D
107X
OcL'98
rttt-. C ot A T o ll *i 8 ft*. • 1» « l { A - O
Sunb A L e w —See Penn RR.
P u i* A OocatO ir. Srt 114 0.
Syra Bing A N Y . See DLAVV.
F ? «* f t W A 0 »- S m PcnnOx
109 112)4
112X A u g ’98
121 121
'p e r A Of 8t L 1st g 4X8.’39 A - O ■110
f U M JottC l* t 8 ft*...... 192* J - J
10554 110)4
Sale n o
no
1 1st oon gold 5a. 1894-1944 F - A n o
r t u * A L Krto—
g ft* .. 1**9, A-OI
108
Oct,’9
St L M B g e T e r gu g 58.1930 A - O
F r u Mc K 4 To— U ira ft**’B*|J - J
Terre Haute Elec R y g C s .’H Q -J t
*J rs*/ f t * ,...,......... 1234 J - J
T ex A N O. Set Bo Pac Co.
HcXcm A « V l v t f ft*. 1*18 J - J.
105)4110)4
, 107
105X Sep.’98
90
T e x A P R y E dlv l s t g 68.1905 M - S
90
90 O c t ’OS
r a t * t> A t u i 8 ft*......ltiftiJ - J
b2 98)4 H O
Sale 107
109X
1st gold 5s................-.2000 J - D
104 111X
l l t X Nov"98
ra% *
a l i i i t 8 & *..it4 0 ;A -o i*
28
50)4
40X Sale
......
2d gold Inc. 5a, D e c .. .2000 Mch.
45x
m t 754
08 J’l y ’97
U i c .'tksol fo M 0*. ....1948 J - J
l
l
'
117)4 127
127 Sale 126X 127
95X
9 «X
f s u * A W M l t*t « 4*,..-1917 J - J ; 96X Sale
70X 90X Third A v 1st gold 5 s .... 1937 J - J
102 108
106
106
106
110
J
J
.
.
..
.
T
ol
A
O
C
la
t
g
5s,........
1935
f w * v A A*ij ]«tOOXJ ft* 12*7. M- N
103 105
104 N o v’ 98
W est’n d iv l s t g 5b ....1935 A - O
84
95
*»dt&g Oogon g 4*... 1*97 J - J : 84X Sale
77H 87X
General gold 58........... 1035 J - D
........... 1 W 7 J -.1
7 0 " ' 83)4
79
78
79X
N
o
v
’98
A
0
Kan
A
M
ls
t
g
u
g
4
s...1990
|4CM«'.k>' r A t<»r. St* O A It.
79
11
69
76X
78X
78
Tol Peo A W 1st gold 4s.l917 J - J
St* fAouLh K f.
02
72
80
89%
91
90
Sale
J
D
T
St
L
A
K
0
la
t
g
0»
tr.1916
91
91
00H Sale
Ms« «>f Wool 1st g 4*.. - • I V3VjJ - J
78H
104
6
98
102%
102%
lster A Del 1st c g 5a. 1028 J - D
99X 100X
91
J’ae’08
90
ftio OrJsnc lot go 8 5*.1S84»,J - I)
91H
nton EI bt . See Bklyn Kiev
39 54
SO
75
75 Sale
Clo O f So 1*1 d A t#......1940 J - J
Dn E l (Ohio) l i t g 5 b . . . . 1945 A - (> 1........101X
lioci A PUt*. A f l l H i P .
101% Sale 101% 101% 09 L 8854 101’
D a P a o -K R A I g g 4a. 1947 J - J
ftiiNBa* 'V«.t_ A 0 #
N Y Coot9854 m
99% Oot.’93
Registered.................. 1947 J - J
4? *'•? t«A A 0 I *1 8 *f ft*. ‘Oft-13sJ - J
66
44
30
65
05
65 Sale
M
N
T rC o ctfs g 4 X * ........1918
84 H
O sJoAO H « 8 * 3-4*.. 1947 J - J
0 8 * H4X
774
4854 . 86
86
84%
85% Sale
D P D AG 1st o g 5s tr re.’ 89
ft L AATIJL S*t I tllaou Cent
Cni
N
J
R
R
AC
Co.
See
P
a
RR
At L A 0«A. St* Mot) A Ohio, j
Dtah A North. See Ore S L.
At L A Ir.-*o Mount St* M P
Otica A Black R. See N Y Cent
A l l t A H . At* WahMb.
er Val Ind A W . See Mo P.
ft ^ M ftr. S t* T UK A of 8tL
lrglnla Mid. Se<j South Ry.
114 J 'ly ’es
rn L A ft Y W 8 ft* Cl A .. ! tonjM - N 118
ill
116 X
112%
10154
ab R R Co l8 t g 5a. .1939 M -N 112 Sale i u %
I ! 4 Sale 114
114
M felftft* C1*jm B ...... 190ft M -N
111X U 6 X
71)4 9*
91%
91
9I X Sale
2d gold 5s...........1939 F-A
114
114
• A to M A t C U *#0 .....itO rt m -N 113
111X U 6 X
Debenture series A .. ..1939 J - J
lr . 8 ft* P »*rw C A O .. I t i e 'F - A
21
39
33%
34%
*8SX Sale
Series B .................... 1939 J - J
A «b*r»i cold 6 * ........ I * a i !J - J 122^ Bale 121X 1 M «
114 122X
97 108
107% Nov’98
........108
ls t g 5s Det A Ch E x t .. 1941 J - J
107 X
0*c*r*J r>ld ft*...... ... 19311J - J 107X Sale lo e x
98X 107?
10854 H O
StChaB Bridge lstgfts.1908 A - O ♦108 ....... 110 J’ne’93
v<7 I f f
100 Nov’flH
Nov’
92X 100
IM ircr*. roJ'J ft*.........1987; A - O
Warren RR. See Del L A W
f t ft A V U f f t t U t f ft*. 19X0 A - 0 10ftX 112 105 O c t '07
Wash O A W . See Southern
K»{-•«-• Mi4 lit g 4 *.,, 1937 J - I)
108 11054
110% Sale 109% 1 «
600
Aft t A * f H C # 4 *,... 199ft .1- J j 83X Sale
83t W est N Y A Pa—l8 tg 5b . 1987 J - J
BIX
1751 5954
S
54
58%
Gen g 8-4b ................... 1943 A - 0
98
902^ 30
975
faults if !M * IM « ft*... 19471A- 0 1
10
2054
20)4
16
14
Income 5 s....A p ril, 1943 Nov. * 1 3 % ......
f t I# Of. to* UftMtf C w t
080 70
W est No Car. See South Ry.
•ft 1. ft W !•* * 4* b 4 «f| ,l»8 9 M »N
80
8
8>X Bali'
82
492
Western
Pac.
See
Cent
Pac.
bonft c?f*.. 1992 :J 34X
80X
3ft Sale
25
sax
W Chic St 40-yr lstc u r 5s.’28 M - N
90 N o v’ Vr
*5 r » m s 7 c«b. < ! »
- j !* #7
99 D eo'97
40-year con g Be...... *. 1836 M-N
Osa*»ct<Nfd gu\4 6*. .. 1937'j - J . . .. ..
Aft
A UaiislA 1*1 5*0 931 \y. \ 118
W est Shore. See N Y Cent.
117** Nov*08
115 117
W Va A Pitts. See B A O.
105 109
108 NOV* 98
14 t o .......... .......... ♦ , . m ? | A - 0 ! 108X
m r * a l M A M 3d e*....1 9 0 9 jA -O IM 3 1 X
1 2 tx OcL 98
120 122X W Va Cent A P lB t g 6 s .l9 1 l J - J
10054 108
108 Sep.’OS
123
123
DMACftafttf^lA ft*___ 1010 M -N *131
H 8 X 124X Wheeling A L E lat g 58.1026 A - O *101
100 109
101
101
!*(& eocaoi £
/ I S J - J 18 7
101
Trust Co Certificates...........
187
128 187
Bale 187
90 108
10C 8ep.’98
W heel Dlv lat gold 5s. 1928 J - J
*img\rt.mtm4 . . . . . . . . , .1 0 8 3 'j - J
92)4 9254
C a-.e^ *4v» t o l4 4X * 103*1,4 . j •112 * 4 1 1 3 X ii&i iiiJ i
04
92)4 M a r’ItHxten A Imp gold 5 s..1980 F - A
i ’OBX i i i x
85
1954
Consol gold 4a............ 100 1 J - J
40
19)4 Sep.'98
10ftx May Ah
J- J
M trtl
t « fOla 4*.. 1937 J - r> 103
108X 10EJW
9 8 X 1 0 3 X Wilkes A East, See N Y 8 A W
fearv«Mr*«5-...... ........19871J - D
W ll A Sioux F. See St P M A M
Oft Feb.*0«
9ft
90
M is * favors 1*1 c «* .., 1022 ij - J
128 X Jan.*»ft
122X 122X Winona A St P. See C 4 N W
NoT’87
Wla Cont Co la t t r g 5a .. 1937 J - J
C \M f * g ft*___ 1027 J - J >1*8
130 001/08
118X 182
3354 8 1 «
SUgtaUftftl . . . . . r. , . . H A 7 ; J - J
8354 168
Engraved truat oertlficiiteB.
116 A p y ’97
63 Sale
4
754
Noy’08
7
lift f% * » fotA ftf....-1987'J - J ►itT'
112X 9ep.'08
Income 5s.
......... 1987 A -O t
107 112X
HUg^UsreA...... .
J- J
MM . tlfti-r 5#tf ft*-. IftO* A -o t u x ........ l i o Nor*98
G A S A E L E C T R IC L IG H T BON DS.
I’l b o x 11o x
Cf Cma f e d ............
Atlanta G L Co 1st g 5a. 1947 J - D
wry f § f 1*S« 6*___ 103k J . D • t » X •
2054 9 1 *
9154 Oct-'98
'U S
AuipWH
i n i ' n s * * Boa U Gas t.r otfa t f g 5s. .’89 J - J
10954 1 1 8 «
M«Kt*Lar»4 ■■ •r • •. l v3>. j - d ,
tUlyn U Gas 1st oong 5a..’45 M -N U 4 % Sale 11454 11454
Ch 6 L A O Co. See P Q & C O o
m T A fe t Pa*, am
# t r f r » c r*.y- A « * c ii t r M f O i
l
Columbus Gas ls t g 5a., 1932 J - J
P M , Or, j
ft A ft A P.. to*
ilon Gaa (3o. See P G A C,Cp.
89 98
I100X O#rt.*07l
ft p ft w r :» • - . » I ) , , 'i n s J - M
Detroit City Gas g 5 s ....1923
89
05% Sa>
9154-

But
1 a A.|Xa «*.
arm aft L ~ i m « * » g s*- . l v 4£ J * J 1101* ft*l0 109
M M H«la I 80
u** A S * . ..
J* js-e-a text !i » Coi W- IVM* 'CX4,*'
OW PW A
A "»*T C

101

R

U

V

W

■ - ie>..;

: fui i

OUTSIDF- S E C U R I T I E S

- ^ i ' :,t. w. ..ll

OWvkn

at

‘

■ 'i

.[i; ...

foot o f

*1
o f o u * . P a r. Bid.
W o rry V * 9 *m *V r+ . ] M
i A Bn 1
4e*«»r Mfrrmll ft fUm. 100
ft
t
. ___ l
1*» ft* Iftft*....... . JAjjitOfr% in *
Lxe Atf Power o f N Y.100
«n%
f T | E H T m ftj - * - . 1 77
79 j knoATlr n Axe ft Tool. 100
1354
ittiw Bank Note Drj...50 t 37
m
• Atrifrl^eii Brake Oo, .100 ioa
M T ft ft n
% FerryI st&
k m*r. ( :*rmui.p5 - -Com,,+*
85
Ifttft ft PM fr^ft WtrtTj..,, , J *9
95
V'raftsm »d ,
,
ftft
imftf Gfoo—1ft, n r*f, loo
i f c-• v. H Iflft . JftD t lo fW
“ Hi irner M illing Ob— ~8 *4 Stock
it * to
... 11..MAJtJin 1 10ft ] Anri roeumat Tool Oo.lO
*l»5JFT*T tAT* V
i:6L»r* « t
j tfr.sr Pre-M AjM*rtc*n .,100 100
* Prieft tm* *k*r*.
L B lftf-w Shnsrw....... ftftOjtUo

7

Aak.
101
27%
40
id i
E x l’t
id s ’ ’
140

t B o o l.4 U 0 July.

c o n s k c u t iv b

II Bonds duo Marob.

pa g e s ).—

beads due Ian .

FERRY

M In c e lla n e o n n * Par. Bid. Aak.
Am smokeless F ow d. 100
Sm SofiaFoun—Com. 100
5
1st preferred.......... 100
42
50
26 preferred.......... 100
10
15
kmer Steel A W ire —See St’ck KxJ't
Vmerican Surety........50 I 60
170
80
Atner Till P late—Com.. -.
80
Bnhscrlntlona,*........... 118 i i o
Am Ty pero’ra— Stock. 100
18
60
im er Sewing M achine..5 t 9
\mer 8trawl>oard.,.,10G
81)4 35

&

S Boadi due Wo v .

M I S C E L L ’S

m ia c c lIa n c o u N . P a r .
Amer W ringer com... 100
P r e f....... ......................
Vmer Graphophone-----10
iVuderson (John) Tob.lOO
Automatic Vending... 10
Barney &Sm Car-Coxn.100
P referred............... 100
ft» 1942.......... ....... J&J
Bergn ft Eng Hr—See Phi
i And interest.

tPrloe

Bid
114
130
140
10
25
18
60
07
L lint,
110
per ah

Aak.
102
Y8C**
145
1254
‘ 16**
100
are.

Dec.3, 1898.]
BONDS.

CHRONICLE—BOND

THE
P r ic e
F r id a y ,
D e c . 2.

i S'!

N .Y . STO CK E X C H A N G E , S I
W e e k E n d i s o D e c . 2.
Det Gae Co con lB tg 5s.. 1918 F - A
Bd El 111 1st conv g 5b . . 1910 M - S
1st con g 5b......... .
1995 J - J
Bd El 111 B’klyn 1st g 5b . 1940 A - O
Registered......................... A - O
Bq Gas L N Y 1st con g 5s. .’32 3 1 -S
Hq G A Fuel. See P G A C Co.
Gen Elec Co deb g 5 s.. .1922 J - D
Gr R a p G L Co la t g 5a.. 1915 F - A
K 0 Mo Gas Co 1st g 5s. 1922 A - O
Lac Gas-L Co of S tL lstg 5s' 19 Q-F4
Small bonds................1919 Q -F±
Mut Fuel Gas Co See PeopGas
Peo Gaa A C istgn g0s. .1904 M - N
2d gtd g 6 b ................. 1904 J - D
1st consol g 09.............1943 A - O
Refunding g 5s........ ..1947 M - 9
Registered............... 1947 M - S
Ch G -L A C ke ls t g u g 5s’37 J - J
Oon G Co of C hlstgu g 5b’36 J - D
Bq G & F Ch Is t g n g 0 s .’05 J - J
Mu Fuel Gas l s t g u g 5.1947 M - N
W estn Gas Co col tr g 5s...’33 31-N

W eek's
Range or
L a s t Sa le.

l«!

B id .
A sk . L o w . H ig h . N o .
9 4 * ....... 94 A u g ’98
IIO 94 Sale 1 1 0 *
110*
117 Oct.’98
118 120
1 1 3 * J’ne’97

Range
fro m
J a n . 1.

90
' 95
1059c Bale
•108 ......
1 0 9 * ......
M l “ * ......
1 04* Sale
.m

105*
111
108
104;
$

100

100

N o v’97
N o v’98
117*
104*%

102

102
101
102
100
101

M IS C K L L A N B O U 8 BON DS.
dams E x—Col tr g 4s. 1948 31- S 1 0 4 * Sale 1 04* 105
103 N o v ’98
m Cot Oil deb g 8 s ... 190u Qu-F 100
Am Dk A Imp 5s. 8 ««Cen N J ^
83*
81*
8 4 * Sale
Am SpiritsMfg 1st g 0s. 1915 M -N
ar A S Car Co 1st g 08.1942 J - J
91*
02
91
k’n W A W H ls tg 58.1945 F - A
ab Coal Min. See T C I A R.
1 0 9 * Feb ’97
hie Jc A St Yd col g 5s.l915 J - J
Non-com. incomes 5s. 1907 J - J
Clear! Bit Coal. See N Y C A H
Col C A I 1st con g 0 s.. .1000 F - A
. 101*
Col C A I Dev Co go g 5s.. 1909 J - J
82*
Coupon off...................................
103
1“ 3
Col Fuel Co gen gold 0s. 1919 31-N
79 N o v’98
Col F A I Co gen s t g 5s. 1943 F - A
1 03* N o v’98
Com Cable Co 1st g 4s... 2397
-J
104 Feb.’98
Registered...................2397
38: J
e Bardel C A I. See T C A I
el A H Can. S ««R R bonds
17*
20
1 9 * Rale
Det MAM Id gr 3 * s S A. 1911 A - O
104 106 1 0 4 * 1 04*
Brie T A T col tr g s f f s... 192« J - J
9 5 * Jan.’97
G r Klv Coal A C 1st g 0s. 1919 A - O *........ 90
Hack W a t Reor l s t g 5s. 1926 J - Jl
t il
A u g ’97
Hend B Co 1st s f g 0s... 1931 M - S
Hoboken L A I g os...... 191“ M - N
11 steel Co deb 5s...... 1910 J - J
70 A p r ’97
Non-conv deben 5s... 191a A - O
Iron Steamboat Co 0 s ... 1901 J - J
107 May’9
Jeff A Clear C A I ls t g 5s 192“ J - D
80 M ay’97
2d g 5s......................... 192“ J - D
102 J’ly ’97
ad SqG ard’n ls t g 5s. 1919 M - N
et T A T 1st s f g 5s. 1918 31-N
Registered.................. 1918 31-N
97
98
Mich Pen Car Co 1st g 5s.’42 M - 8
98 Sale
Mut Un Tel Co. See W n Dn
at 8 tarcbM fg Co lstg0s’2O 31-N i*103
101 Nov’98
wpt News SAD D 5s. 1990 J -J J .......
N Y A N J Tel gen g 5s c y.’SO 31-N .......
N Y A OntLand ls tg 0 s. 1910 F - A 1 .......
NoW estn Teleg. SreWest.Un
Peoria W at Co g 6 s. .1889-19 M -N
PI Valley Coal 1st g 6 s.. 1920 M -N
N o price Friday; these are latest bid and asked this week.

A

L10*
100

110*

115 120
1 0 4 * 104*

1 1 0 * N o v ’08
105 Oct/98
1 0 5 * Oct.’9S
1 0 4 * 10 5
101 M a r ’98

no*

100
108
1 05*

101

9 3 * 105

...

102* 102*

B
C

64

90

84

1 00*

100 104
79
84
1 0 1 *1 0 5 *
104 104

D

16
20
0 8 * 1 04*

1

M

O U T S ID E S E C U R IT IE S ( G
Bid.

Asa

iv e n

at

si «

B id .

FOOT OF

W eek's
Range or
L a s t Sa le.

A sk. Low .

Procter A Gamb 1st g 0s. .’40
St L Ter Cupples Station &
PropCo l s t g 4 * s 5-20yr’17
S Y u ba W a t Co con g 0s. .’23
Sp Val W a t Works 1st 8 b1
. *00
Stan Rope A T 1st g 0s.. 1940
Income g 5s.................1940
Sun Ck Coal 1st g s f 0S..1912
TennCoal T D iv ls t g 08.1917
Birm Div 1st con0s... 1917
Cah C M Co 1st gu g 0s..’22
De Bar C A I Cogu g 0s.’ 10
U S Leath Co s f deb g 0 s .’13
V t Marble 1st s f 5s...... 1910
W est Union deb 7s. .1875-00
Registered......... 1875-1900
Debenture 7s.. . 1884-1900
Registered...... 1884-1900
Col trust cur 5s..........1938
Mut Un Tel s f ’d 0 s ...1911
Northwestern Tel 7 s ...,’04
W h L E A P C Co 1st g 5s.’19

J -D
A-oa
j - j
J -D
F -A
31-N
J -D
31-N
31-N
31-N
31-N
J -J
31-N
J -J
J -J

U . S. G OY. SECU RITIE S.
U S 2s registered— Optional
U S 3s registered...........1918
U 3 3s coupon ...............1918
U 3 4s registered...........1907
U S 4s coupon................1907
U 8 4s registered......... .1925
U S 4s coupon...........1 0 2 5
U S 5s registered........... 1004
U S 5s conpon................1004
U 3 0s currency...... ,...1899
U S 4s reg certe(Cherokee)’9P

( For daifj/ record
Q -M
100
100*
100
106*
111*
Q -J t I I I
Q -J t 112* U S
Q - F 1 2 7 * 1 27*
Q - F 12?* Sale
Q - F 1 1 2 * 113
Q - F 112* 1 1 3 *
J - J 102* ...
Mch 102* ...

S T A T E SECU RITIE S.
Alabama—Class A 4 to 5.1900
8 m all...............................
Class B 5s................... 1906
Class C 4s....... ............ 1900
Currency funding 4s...1920
Dist of Columbia—3*05s.l924
Louisiana—New con 4s..1914
Small...................... ...........
Missouri—Funding. ..1894-95
Nortn Car—Consol 4s. ..1910
8 m a ll............................
0s................................ 1910
So Carolina—4 *s 20-40.1933
Tenn—New settlem ’t 3 s . 1913
S m a l l. ... ... .. ....................
Virginia fund debt 2-3s .1991
Registered......................
0 s deferred bonds..............
Trust receipts stam ped....

J -J
J -D
J -J
M -S
F -A

J -J
J -J
J -J
J - J
F -A
J -J

101
79
21

70*
Sale

9 4 * 90
09 Sale

Range
fro m
J a n . 1.

H ig h . H o .

F e b ’97

79*
20 *

79%
21

51

11

88
34*

94*
98

94*
99

79
79

95
09

Jan.’9S
110*

83
83
1 1 1 *1 1 0 *

103
105

N o v’ 98
M a r ’98

103
105

107
105*

. U 3 * 113
111

119*
N o v’98

105

11S*

111

112*

95

H O * ......

• 100* ......
•100 * ........
*103 104
•1 0 2
119 ......
• 1 0 0 * ......
•105 ......

..

104

see seventh vn
9 8 * N o v’98
02
10 5 *
100*
105*
10-*
387
l i t * N o v’98
10
112*
1 12 *
127*
127* 3“
30
127*
127*
112 N o v ’93
112 *
112*
1 0 2 * Oct.’98

1 0 8 * N o v’98
105 A u g’98
108 Sep.’98
104
i 04

1 0 8 * 109
105 108
1 05 *1 0 8
08 104

118
1 »8
1 0 0 * N o v’98
1 0 0 * M a r ’08

115
100
98

118
100*
100 *

87
87
65

P4V
94*
81*

104

N o v’98

12a * .
128 Feb.’98
A -O
J - J 108* .
94
N o v’98
J -J ’ 93* .
93*
03*
J -J
81*
J - J • 6 1 * 8 1 * 80
J -J
7

L o w H ig h
113 118

83
110

........

110 * Saie

Sale

U N L IS T E D BONDS.
Atch Col A Pac **8 tr ctfs___
Atch J Co A West 0s tr ctfs.
9 6 * -tai»
B A O pr lien 3 ^ s (w I ) . 1025
le t inert 4s (when iss).l9 4 9 0 * Sale
86
Sale
Col A South 4s (when is s u e d ).......
Comstock Tun Inc 4s___ • 019 vi- N
Oh'o A Miss con..........................
Second A v e (N Y ) 1st 5s. 1900 M - N
Pittsb A W est 5s tr ctfs.................
t Bonds due July.
i Bonds due May.
I Bonds due April.

N

M i s c e lla n e o u s . P » r .
Blackwell s Uurn T o d .25
Bliss Company—Com ..50
P re fe rre d ................ 50
Bond A Mort G u ar... 100
Carter-Crume— Pref. .100
Celluloid Co............... 100
Cent America T r’nslt-100
Cent Flrew’rks—Com.100
Preferred............... 100
Chateaugay OreA Ir 6 s ’15
Ches A O Grain El—Inc.

P r ic e
F r id a y ,
D e c . 2.

BONDS.
N . Y . 8T O C K E X O H A N G E
W e e k E n d i n g D e c . 2.

L o w H ig h
90 103
108 112 *
1 1 4 *1 1 9

1153

PRICES (5 pages) P agb 5.

03

4*

32
71 A n g’98
49
O ' J’ly,’98
90*
07
174
05*
06*
07
(579 0 3 *
8 **
8 6 * 1074
83*
3
4 N o v ’08
102
104 A u g ’98
100*
100 * Jan.’98
57?*
5 7 * Oct. 98
| Bonds due Janu&rv

71
00

»T K
97
» 6H
105*
100 *
57*

7 CONSECUTIVE P A G E S).— B A N K S & M ISO ELL’S

>| >1 la c e llu n e o u N . P a r.

50
51*
1 9 * 20
125
Pref. (when Issu e d )....
no
7 9 * 80
95
04
117
125 I Knickerb Ice—Bonds 5 s..
192
ILawyers’ Surety........100 109* 108
158
Lawyers' Title In s .... 100 150
53*
118
81 II Lorillard ( P ) —P re f... 100 115
77
5
* ........ I Madison Sq G— 8tock.l00
25
35
8
! 2d 0s 1910..........M AN
5
40
35 ,
25
40
A Miners’ 8 8 .. 50 120
21
28
13* 17* Mech'mcal Rub-Corn. 100
00
50
Preferred................100
75
65
Mergenthaler Llnot.—See Bos to n list.
Chesebrough M fg Co. 100 310 345
05
00
02
Meriden Britannia Co.. 25
•7
Clullln (H B l-ls t pref.100
19
Mich-Pen Car—Com ..100
00
95
2 d preferred...........100
if*
72
P referred...... .........100
73*
Common— See Stock Ex list.
97
98
1st 5s 1942........... MAS
75
lark Mile End Thr’d.100
inneapolls Brew 1st 7s. 104
Collins Co.................. ino 113
100
Color. A South 4s—See Sto :k Ex. List. Mosler S a fe C o ......... 100
4
38*
2
Monongahela W a te r...25
Comstock Tun— 1st inc...
Vat Biscuit—See Stock Ex List.
35
40
Consolld Car Heating. 100
80
00
National Casket C o ... 100
Consol Firew’ks-Com.100
10 ;>Notional Saw—P re f.. 100
25
40
200
90 1
85
Con Kan C Smelt A Ref.25
70
55
Consol Roiling Stock. 100
20
National W all Paper. 100
21 *
50
N Y Loan A Im p........100
Contln. Tobac. (when Is.)
3 5 * 86
110
80* N Y Biscuit 0s 1911.MAS 114
80
Preferred......... .........
New Jer Zinc A Iron. .100 100
70
81
Cramps’ Sh A Krt Bldg. 100
Diamond Match C o .. .100 139* ■...... i N Y A ir Brake—See N Y S tock E xch.
49
52*
20 c. j Nicholson File Co........50
10
Nicaragua Construct. 100
75
ppens Sm A W ie m .. 100
Peok, Stow A W ilc o x ..25 t 18
110
astman Kodak C o ...100 100
05
55
Pegamoid, p r e f.........100
76
80
Hrie A Western T ran s.50
Pennsylv.Salt—See Phlla. Ex. li st.
Federal Steel—See Stock Exch. list.
Penn. Steel—See Phlla. lis t.
Idellty A Casualty... 100 250
100
5s 1917.M A N ...............
145
Fidelity A Dep (B a lt )..50 140
12
10
Penn. Water—C o m ....50
99
100
Galveston W h arf— 1st 5s.
140*
Phil A W ll Steamboat. 50 132
Pneumatic Gun C&r’ge. 10
23
30
2*
German Am Real Est. 100
i*
8
Pratt A Whltn—Com.. 100
» 4 * 05
4*
Glucose Sug Ref-Com.100
47
P re fe rre d ............... 100
Preferred...............100 107* 108
Goodyear Shoe M ach ..25
3 9 * 3 9 * Procter A G am ble.... 100 273 275
171
P re fe rre d ............... 100 109
100
Gorham M fg Co-Com. 100
118
R. I. Perkins Horse 8 h. 100
Preferred............... 100 114
40
80
120
P re fe rre d ...... ........ 100
01
Russell A Erw in.......... 25
Hartford Carpet C o .. 100
105
50
55
Safety Car Heat A Lt,100 108
Heck-Jone»-J Mill-Pf.100
45
04
35
92
8 chwarzchlld A Sulxb.100
1st 0s 1022.......... MAS
103
H e r’g-Hall-Mar-Com . 100
i * Semet-Solvay deb 5s...... 101
*
128
10
81mmona H'rdw-Com.lOO 122
Preferred...............100
7
113
Preferred................100 110
Hoboken Land A Imp’t.. 100
107* 110
Singer M fg Co...........100 405 425
5 * ................................
75
80
International Klevat.100
Standard O il.............. 100 415 4 1 8 *
105
International N a vlg..l0 0
Stan. Dist. A Dls.—See 8 to ok Ex. List.
International Paper 100) See 8 t ock
Preferred — See Stock Exch. List.
Exch list. Stand Und’rg’d Cable. 100 117
Preferred.......... 100 )
88
81oss IAS 1st 0s 1917. FA A
Bonds 0s...................... 1110
Ill
90
80
International P n lp ...l0 0
Southern Cotton Oil.. .50
Lntematlon’l Sliver—Com
3 3 * 3 3 * 8 tat 1*1 R T 1st 0s’ 18AAO 107
70
60
2d 5s 1020.............. JAJ
Do
do
pref.
98
96
Do
do bo uds. 100
101 * Stillw-Bieroe A 8m -y.l00
101 *
Iron Steamboat......... 10C t .......
10
8 wtft A CO................. 100 100
108
1107
55
60
1st 0 s ...............
0s 1001..................JAJ
John B Stetson—Com. 10C
45
Susq Coal 6 s 1011....JAJ 115
” 16 "
P referred...............10C 105 116
Term W areh—Stock.. 100
70
JoorneayA Burnham. 100
20
1st 0s...............
70
Preferred...............10C ■ 50
00
Debenture 6 s......

Itllacellaneoua. P a r. Bid. A s » .
Texas A Paciflo Coal. 100
5 5 * 02 *
1st 0s 1908.......... A A O 102
Title Guar A Trust ..100 280 200
Trenton Pottr-C om ..l00
4
0
P referred............... 100
35
28
Trow Directory-New. 100
45
35
Union Switch A 8ignal.50
70
08
115
112
Union Tymewr—Com.100
15
18
1 st preferred......... 100
103
100
2 d preferred...........100
100
95
Banks.
N. Y. CITY.
Am erica*....
Am E x ch ....
A s t o r ..........
Astor Place*
Bowery*......
Broadway....
Butch’sADr..
C en tral.......
Chase..........
Chatham ....
Chemical......
Citizens’ ......
C it y ......... ..
Colonial* —
Colum bia*...
Commerce...
Continental.
Corn Exch*..
East River..
11th W ard*.
F if t h ...........
Fifth A v e *..
First............
First (St Isl)
Fourth . . .. ..
14th Street*.
Franklin......
G a lla tin ......
Gansevoort*.
Gartield...
German Am *
German Ex*.
Germ ania*...
Greenwich*..
Ham ilton*...
Hanover..
Hide A L ’ath
Hom e*....
Hudson Rlv*
Imp A Trad.
Ir v in g .........
Leather Mfr.
Liberty .......
Lincoln.......
Manhattan*
Market A Ful
Mechanics'..
Mech A Tra*

Bid.

Ask.

850
171
300
220

M i s c e ll a n e o u s . P a r.
U 8 Glass—Common.. Iuu

Banka.

Bid.

Mercantile ..
Merchants’. .
Merch Exch.
Metropolis*..
Mt M orns*..
Mutual*.......

107
152*
no
400
100
100

2500
25 '0
135 165
175
180
100

1050
113

S tate*.........
State of N Y * 105
Tradesmen’s
12th W a rd *.. 120

212

128
200
130

A 8k.

B a n k s.
Kings Co*....
Manufact’rs.
Mechanics*..
Mech A Tra*.
N a ssau ........
Nat City......
North Side*..
People’s* —
Scherm’rh’n*
17th W ard*.
Sprague ......
20th Ward*..
Union*....... .
W allabout*..

125

90
no

T r u s t C o s.
N. Y. CITY.
Am Dep A L.
Atlantic Tr
Central T r’st.
Colonial.......
Continental .
Consolidat’d.
Farm Ln ATr
Fifth A v e Tr
Guaranty Tr
Knlck’rb’ck’r
Manhattan..
Mercantile ..
Metropolitan
N Y L I A Tr
N Y Sec A Tr
North Amer.
Produce Ex.
Real Est T r’t
State Trust..
Union Trust.
U S M tgA T r.
Unit. States..
Washington.
b r Tk l y n .
Brooklyn Tr.
Franklin......
Ham ilton....
Kings Co......
L Is! L A Tr.
Manufact’rs.

100

95

100

95

245
Union Sq*.... 175
170
W est Side*.. 275
Y orkvllle*.. 180

100

400
85
160
470*
150
170
150
750

BR ’K L Y N .
B e d fo rd *.... 215
Broadway* .. 180
Brooklyn* ... 125
235

220 * 225
100

101

5th A v e * ....
First............
Fulton*........
iGer Am er*..
Ham ilton*...

104
880
180
90
105

100
240
225
250
275
330
100
190
140
100
140

110
255
200
285
345
175
195
150
105
215
145
100
105

175

100

850
105

Ask.
24*
75

U. S. Oil—See Boston list.
100
U 8 Projectile Co...... 100
W agner Palace Car. ..100 1 70* 1 7 0 *
Welsbach Light—See Phil a. list.
Westtugh Air B ra k e ...50 t l 02 *
Willlmantlc Linen Co.. 25 t 25
W orth’t’n P ’mj>-Com.l00
40
34
P re fe rre d ............... 100
101
99

150
New Amst,*.. 285
New York.... 231
New York Co. 1300
95
N inth...........
19th Ward*..
North Amer. 140
O riental*---- 150
P acific*.,.... 180
350
Peoples’* .... 200
P h e m x ........ 90
325
Prod Exch*.. 114
R epublic---- 155
Riverside*... 190
Seaboard — 179
450
Seventh....... 135
Shoe A L e ’th 90

230
05
107
275
200
4000
130
1000
150

Bid
........

190
130
05
107
390
200
100

,

145 153
1400
280
190
1000
800
400
275
170
400
300
1200
400
205 215
215
100
1125
285 905
1275
235
390
226

200

220

237
104
People’s ...... 250

* Banks marked with an asterisk (* ) ere State banks
4 Purchaser also pays aoerued Interest.

400
285
285
225
953

tPrtoe per share.

THE

[V ol . LXVII.

C H R O N IC L E

Boston, Philadelphia and Baltimore Stock Exchanges—A Daily and Yearly Record.
H ta a re
” ___
jfwv. ‘it*’

|

.i C

f**r O e a lt m
r »«• 1*14
•] ,V«f, *9

t*rl

ACTIVE STOCKS.

o f'th r

H In d ic a t e s u n liste d .

I Week,
jShares

,V «f. i

Range o f Sales in 1898.
H ig h e s t.

R a i l r o a d S lo c k s .
708 84% Oct. 15 0 1 * Doo. 3
Art*
00*
61H Balt.Cltj Pits-,now,2dIn. pd. (B alt.) . . .. 25
,5?
A t * 1 5 7 * » 7 * j 3?K
003 2 1 * Apr. 26 28% Nov. 30
Bnltiraoro
Consolidated......
“
.... 25
9**
***
28*
v? * f 5 * } 9 7 * 8 7 *
27*
**U 7S* 2 8 * 2 8 * Baltimore Consolidated?.... (Phila.)
051 2 1 * Mar. 12 2 8 * Deo. 3
.... 25
97*
.«**
i t s* tTH;i S7H » - * !
24 !17 * Mar. 20 2 6 2 * Sept. 20
Sit* 94* !•-» 4H 248* Boston & Albany................( Boston).... 100
ftgs* -4it* |. *V ft* «4 0*v
840 5 2 * Mar. 26 7 8 * Nov. 1 5
4
4
....
100
Boston
Elevated.....................
77
77
77
7T*i
77*
115 Apr. 2 227 Aug. 27
“ ....100
237 Bovton & L ow ell.....................
*226
*"i'i 7 *
..... •846
•»»*
....... *■*2-1’1
8i- ,00 Mar. 12 17 1* Jan. *
“ ....100
16
167 Boston & Maine......................
* 1*0 4
1 6 6 * 166ivj 1 06*
1* 6 * 1 6 * *
8 5 * Mar. 20 1 2 0 * Nov.
1,948
Chic.
Burl.
&
Quincy..........
.
“
....100
n o * 119* 119*!'
IH»*
s ift* n u * 1)
1*^ 1 11 » * l t d * ! 1 1 2 *
334 102 Mar. U 137 Nov. 21
131* 1 3 * * *3 4 * 135 Chic. Juno. A Un.Stock Yds. “ ....100
•13 1* 131* 136 134 \
v tt
5* «
105
Mar. 12 124 Aug. 22
1S4
133
123
eired
............................
“
—
100
•1
1 ci
•lai
•1J4
t3A
•H i
1*4
800 S 3 * Apr. 21 115 Sept. 8
114* M l O i 114* Chic. Milwaukee A St. Paul. (Ph ila.' ....100
11 s * I M * 114* 114* 1 14 *
tux
9 Peb. 25 27 Aug. 24
1,784
“
. . .. 50
20* ' 20* 26* Choctaw Oklahoma & G u lf..
SO
M6
3 * * 8 5*f 2 5 *
S*
SW
988 2 7 * Jan. 4 4 2 * Aug. 20
Preferred............................
** . . .. 50
4«>* 4 0 *
40*
40* 45 01 ** *51
41
41 : 4 * i 46*| 4 9 * 4 0 *
100 37 Jan. 3 58 Aug. 11
4*
.... 100
52 Consol. Traction o f N. J.?...
51*
19w 98 Mar. 28 100 Aug. 9
Ki
tehbu
rg,
pref
.............
...
(
Boston)
---100
103
10444
l©
4
*
105
j
103*'
103
j•
105 ! i® iH 104*
191% 166
2 7 * May 9 42 Aug. 20
Ga. Southern A Florida....... (Balt.) ....100
92**r 1st preferred........... .
“Yd 84 May 25 90 Oct. 11
•90
“
..,.100
• 9 0 * 91 |: 9!
55 May 3 7 3 * Aug. 25
rto 03*| 2d p r e fe r r e d ...............
**
— 100
*63
65 )1 f fll
5,473 1 7 * Nov. 15 2 6 * Jan. 3
Lehigh Valley................... (P h ila .).... 50
30
19* 19*|
f»*
19* iv *
16
1 9*
4 * Apr. 6
5 5 Moxlcan Central.................. (Boston).... 100
0 * Jan. 12
785
3
5 !1 5 5
"5
3*1
•6
5*
7 6 * Jan. 14 85 Nov. 22
•8 5
86 Northern Central................ (B alt.) .... 50
•85
40i£ 4C* Northern Pacific . . . . . . . . . . . . (Ph ila.) .... 100 ,818 19 Peb. 24 4 2 * Nov, 11
4 1 * 42
•A'-4*
46 *
46-H
« ‘H 4 »*
053 5 7 * Mar. 26 7 9 * Sept, 2
“ ..,.100
• 75* 7 5 * •7 5 * 75* Preferred.............................
7<1*
7 6* 76*
76
7#
236 185% Mar. 16 195* Deo. 2
9 5 *1 0 5 * Old Colony-...................... ..(B oston).... 100
195 .•iV4
105 195 1•37
19* :■;*lvs
1 94* 5©4 * I v i
A 02 18 Jan. 4 88* Dee. 1
38 ; Oregon Short Line..........
“
....100
a? 30*;
Sy
69 | 35
67 ; 3 0 *
jrt
1*
,709 5 5 * Mar. 12 6 0 * Peb. 7
Pennsylvania.,.,,.
...............
(P
h
ila
.)....
50
5
0
*
50M
5
0*
s
u*
5
0
*
I
5
9
*
5
9
*
,
5
9
*
5
9
*
16*
,88*2 77 Mar. 25 95 Aug. 29
0 4* 91J* Philadelphia Traction...... .
44
.... 50
4*
kM* 0 3 * ’ 0 3 *
04* 99*1
W*
v n•k V3>4 9 3 *
,015 7 13-16 Mar25 1 1 * Jan.
0
“ .. .. 50
5-10 Reading Gompany.................
9* v M e
®* 3-16 292* * 911-16
9*
9 * | _ 0*
,020 1 8 * Mar. 26 27 1-16 Feb. 3
1st
preferred.......................
“
....
50
2
a*
82
9-16
*
j
9
2
*
»•#*
23
t i * -SH
9 * Nov. 2 14 9-18 Fob. 5
,120
“ .... 50
10 £-10i 2d preferred.,.....................
K‘#* 31 o0 ** 10*
H « * l b * l a i l l * H 10 11*16 % ♦ 10 *
—,079
100 1 0 * Mar. 25 3 9 * Nov. 2B
3 7 * s m Union Paelflc...................... (Boston)
0 S * 39v*
S-^.* :j9 *
38*
5 * * 67*
,538 47 Mar. 25 7 0 * Dec. 2
60* 70*
60* 70*1 0 9 * 7 0 * Preferred ............................ tf ....100
6 y*
*9*
29 2 0 * 20 2 9 * Union Traction.......................... (P h ila .).... 50 ,76o 1 2 * Jan. 3 2 9 * Nov. 29
20
9 7 * 2-H
r i H *■!*»
514 78 Mar. 25 8 9 * Dec. 2
8 9 * i 89
3 9 * West Bnd Street..................(Boston)—
50
89
89
09*
80*
99
69 • ------ ’'H *
iM ia c e lla n e o a * S to c k s .
210 238 Mar.
2 80* 281
American Bell Telephone... (Boston)... .100
285 Aug. 15
» 8 0 * 2S1
i 1 3 1 * 9-69 | 9 4 0 * 889 j 8 6 0 *
“
....100 61,876 107& Mar.
147 Aug. 20
U 6* 129* 120* 130* American Sugar Roilning 7..
111 * U i V 1 l i t * 134* 1 121 * 1 9 6 * 124*
455 103 Mar.
P re fe rre d ? .........................
“ ....100
113* U 4
113 \ 113
US
113
1 1 6 * Jan. 0
lit
119 | I D
lit
Hi
1,333 14 9* Jan.
248 Oct. 8
“ .. .. 25
229 2 30* Boston A Montana..................
934 234
9 * 7 * *3?H ¥97 3J? t 93? 934 ■ 237 as?
5 7 * Butte & Boston?....................
“ .... 25 11,500 1 8 * Mar.
88
58!*: 50
5 7 * 59* 1 5 8 * 5 » *
5 9 * Nov. 29£6
6 TH
58K
10625489 Jan.
CIO 610 Calumet A Heel a ................
050 Nov. 18
t4
....
625 1 023 625 *610 820
r l3
625 ; 6*3 615 ! 6 * 0
G a s................ (Balt..) ...,100
692 52% Jan.
1 09
63 j 6-3* 6 3 * l « 3 *
66* Aug. 18
63* 63* 04 64 Consolidated
........
32 Dominion C oal............... ..(B oston).... 100 18,533 14 Mar,
31
3 6 * Nov. 18
3 1* i 3 1 * 3 3 *
82
311 32
S? *
63 , * 0:
5 4 * Deo. 2
53* 54* Bloc trio Storage Battery 7 .. ( Phila.).... 100 23,593 1 8 * Mar.
' 5 «*
IM ' i iO it 1 5 0 *
*«*!
49*
05 Dec. 2
0,0 45 21 Mar.
P re fe rre d ? .,......................
“ ...,100
6 2 * 0314 0 4 * 05
00 1 60
59* 59*
«I
H
3 9 * « « 1 60
76 Erie Telephone................... (B oston ).. ..100
7 7 * Sept. 6
106 5 9 * Mar.
76
7 5 * 75*
75* 75* j 7 S «
7 3 * 73*
7 2 * 76
7 4 * Sept. 6
Illinois Steel...........................
“ .,..100
4 4 * Mar.
102
24
Lam
son
Store
Service.........
“
.
.
..
50
20
Mar.
Oot. 2?
24
I
34
24
*
2
8
*
21
.
|
24
94
24
»> *
4 3 * Jan. 7
571 35 Nov.
37
*J 7 *
38 !Lehigh Coal & Navigation... (Phila.) .... 50
S6 *
3? j 97
I 3 -H 3 ? *i 8 8 * 3 8 * j 37
0,269
“ ....100
5 May
6 *i
5*f
6 i 0
0*1 Marsden Company7................
0
6*9
1 1 % Jan. 11
5*
6*
‘H
5*
«
144 Aug. 17
48 120 Mar.
138
138 138 j 138 138 New England Telephone— .(B oston)... 100
*136 1 38* 138
3 7 * Nor. &
4i .... 25 11,190 2 1 * Jan.
33
3 4*i SI
8 2 * Oid Dominion Copper7..........
5 t * 33 j 3 4 * 3 4 * | 3 4 * 3 4 *
5 4 * 14*.
2 8 * Nov. 9
2 3 * 23
!2 2 *
2 2 * Pa. Mfg. Light & Power? ... (P h ila .).... 50 32,824
0 Apr.
t b * * 1H
9 1 * 3 1* ! 2 1 * 21 * : a i» j 2 2 *
12 4 123
7,857 9 7 * Feb.
128*
1 23* 123 123* United Gas Improvement?..
122
122
“
.... 50
125 Sept. 19
1 4 1 * 192
19© 191
735 1 0 * Peb.
23*
23*
2 3 * *23
3 3 * United States Oil...... .......(B o s to n ).... 25
43 1 *28
2 5 * Oct. 18
8 3 * 3 3 * j 23
**f
r iH
02* July 5
5
3 3 * 91 j 3 3 * 3 3 * ! 3 9 * 82*1 3 3 * 3 3 *
3 3 * 34 Weisbach L ig h t? ............. . (Phila.) —
1,136 30 Nov.
•1 1-16
lv4 •1 1-16 1* ,•1 1-16 is* *1 1-10
2 l-l6 I N ov.23
1 Jan.
1 * ;* 1 H i
1* *1
1* West End Land.........................(B oston ).... 25
sh
3 8* 1 *% * W f : - s i
“
. . .. 50
33
37
39
j37*
3S jWestlugh. Electric A M fg ...
39 Nov. 25
in
1,388 2 0 * Apr.
39^ 1 5 v * 5 b * j *50
.......
* 5 9 * ....... .! 5 9 *
59*
Preferred...... .................
“
— 50
5 9 * Deo. 2
50 Apr.
102
69
59 w •59
*
•!»-«
1 OC *"*lw fttfti* made.
ft4
! s 24 iti*t .1 1imid.
+ Tr. recta. ? Ex rights, il Lowest is ex divt dend.

*
...„•**«
.....! ?

*

'*

STOCKS BONDS
% ^ ( ) v £ s 'r o c K s
iM c I 2L (I M I s c K L U —Concluded. I
ifcXiL&MABA
10j
* « * 16*1 lot B u t H A S M “
t60
A t Tvs* A 6 r « , *
AH A Cb*ri-c.'U«c- Hait i 100 12 0 * 112 a * ! : Marsden prof? (P h il) 100
Morgenthaler.. i Boat) 100
M 10©
Ball A O ell pd
<Bo*t) 1 o r , 167
Morris C an a!...(Ph il) 100
B-< * A Ma It*mpt*4
2« *
44 100
P r o f.............
Bostic** A P to t .
0»ceole Mim ng(Bost) 25
Catawba**....... ((Ph il) 50
Parrott 811ACop 44
10
I pm
10
Gtclnd U m l . (Bm4)100|
Pcnnayl S a lt...(P h il) 50
55
*• 100|
Pentuyl Steel?. “
loo
......
P re f? ............ “
100
I B*Jt)
B in
49*;

u

*

Bid. 1A»k.|

BONDS

U o " t on—Concluded
8 ! Ogd & L 0 con 8 s.’20 A&O
Inoom© 0 s,...... .
1920
40
Rutland 1st 0s..’ 02 M AN
193 194
2d 5 s........... 1898 F&A
50
150 I W est End St 5s. . ’02 M AN
4 * g .............. 1914 M&S
07*1
2
Gold 4s....... 1916 M A N
30 l
4 s ................. 1917 F& A
11* .

Bid.

Ask.

♦ 102
15
$105 107
$100 102
$105
§108
$.......
§106

Bid. A s k .
BONnq
B a l t i mo r c*—Con ciuJa.
W estN Coon 0s. 1914 JAJ U 0%
West Y aC A PlstO g/n JAJ 112
WliCol&Aug 0s. 1910 J AD 115
W ll A W eld 5s.. 1985 JAJ 110
B o n d s— P h ila d e lp h ia

A tl City lo t 5s g..*19 MAN
Catawlssii M 7s. 1900 F A A
18*|
Ches&D Canlst5s-’ 10 J AJ
B o n d s —B a l t i m o r e .
Choc OfcJa A G prior lien 6s
A ll & Oh 1st 7s.1907 J&.J 120
C ilc k W S llrA tBc«ti 100
U
16
120 %
PhlTdelphla Co(Boet) 50
General os.... 1919 JAJ
2 8 * 20
d$ *i st ©f Iftdfli P bii) )0o
Puilunui'a P a l.. 44 100 139 1139* A tlG -Lightlst5sl 917 JAD 102
C itV S tR y(In d )con 5s.’ 33
QSy & .fS'-jfcttfb.,(llw.lt) 50
108^ Colum St, Ry 1st con 5s.’ 32
Qumcy Mining. 44
2 5 135 135* Balt Beit 1st 5s. 1990M&N 105
153
C «* c A l*ft»fum(lJj-‘fti.) 100
Kc*oe Buttonh. 44
10 X0« 11 ‘ BaltCPaslst 5s. 1911 M A N
114* Colum O Crosst l8t5s..’33
260
Ceca Rf r .. .. ** 100 8^0
Balt Fundg 58.1910 M A N 122
Santa Yuabel G 44
5
Con Trac o f N J lst5s..’38
in
1 8* Tamarack Min- 44
fu n * A 1‘#ro M. 44 100
Exchange 3*s.l930J& J 107^4
25 170 172 ;
D el& B B k 1st 7s.405 F&A
4a
P r o L ............ 44 100
J KI Sec., 44
50
Bait&Ohio 4s g. 1935 A A O 115
EastAA 1st M 5s.*20 MAN
Pi UsACon 5 g. 1935FAA
P r o f...... .
bp s P m # (P hil)
44 100
Edison Elec 5s stte tr ctfs.
8 tat U\ 2d 5 g.1920 JAJ
so"
W ater Pow er.. 44 100
1 (
ElecA Peop’s T r atk tr ctfs
*
501 68
f*#wf
.*
Receivers certif 8 s.J AI>
Welabach Comtf Phil) 100
10
ElmA Wllm 1st 6s.*l0 JAJ
10
Uxa t A MrewdT 44
60
P r o f ? ......... . 44 loo
Do Maryland Constr 5s. S------ ....... !
53
Income 5s... .2862 AAO
S5H
41
•10
Wentm'rol Coal 44
50
Do Pittsb A Con 5s.JAJ
.. .. .. Eq 111 Gas-L 1st g 5s. 1928
lool 10
15
Do Main Line 5s..........
1 C f t H4 H.
Wolverine Mtn.(Bo»t) 25;
Hestonv M A F con 5s.’24
J B AO 8W i s t 4 * g. 1990JAJ 105
60
Prrwf
44 1 oof 4U
Woltaaton L d .
44
5 8?
H A B Top eon 58/25 A vO
6,
UfHi# fV-haylk.r'PfelD 50
Brill APlstdsm 11911AAO
Internat Nav 6s......1906
If ftir.w fftjjh tl.i iLMit 100 135
H o n d a — float on.
1st fls tunnel 1911..JAJ
K C Sub B 1st 6s..‘20 JAD
ti?. .(P h il) 100 1 H1 * in ? * Am lie.) Tel 4*..1908 JAJ
10 2
Bui True 1st 58.1920M&N 116
K C P A G 1st-5s..’23 AAO
50
56*
f I f. “
A TA,H F yeti g 4*. *95 A AD
07
Ext A Imp 8a. 1901MAS 103
98
Lehigh Nav 4 * s . .’ 14 Q-.1
301 56
-n-« y. 44
Adjufttmont a 4 ».. 1995
No BaltDtv 5s. 1942JAD 115
74
74 4
RR 4 s g .........1914 Q-F
X w» r,7.* iJtr. 4. . sH' •»l 1 uOj ar.
38
H A M 3d i« ?a*02-0? MAN
Conv’rttble 5sl9O0MAN 104
Consol 7s......1911 JAD
Prof.
M 1 0O( P7
00
ftrtftir.n Terrn'l 3*»..1W47
85
Capo F A Y sr A 0g. 1910JAD
87
Gen M 4 * s g. .1924 Q -F
J
. . . . f !*fei!) 5b 07
08
|k>* UnG aa U t $ » .49(iJAJ
92
63
1st 0b sor B..1910 tr roc
64
Leh Y C’l 1st 5sg.’33 JAJ
i o | w ftr«A«h w
2d M 6a.........1999 JAJ
lat
ser C..1910 tr rec
62
78
63
Leh Val ext 4s.. 1948 JAD
pftr-.r.. A & W .. H
so
Bor A Mo Hlv e**pt Bt.J,!c.l 118
Cent Ohio 4 *9 g . ’80 MAS 108
2d 7s...........1910 MAS
.......
F’kr.: 4 jj*-* _t **
501 16*
Non-exempt 6*.*18 JAJ 107
Central Ry 09.., 1912 J AJ
Consol 6s..... 1923 JAD
50 138
p iu &mrm 4 N, "
Plain ift . . . . . . 1910 JA-f 100
Consol 5 s ..,. 1932 M AN 117
Annuity 6s............ J&D
160 a * i *
<Tb B or A N let 5».*80 A A O 107
Ext A Imp 58.1932MAS
Newark Pass con 5s. 1930
60
2d M ftft...... ,1918 JAD 100
iv if
CharICAA ext5a. 1910JAJ lb © " I l l "
NY PhANor1st0s.’ 23 JAJ
Prof
M
56
Ch Bur A Q 44,1929 FA A 100
‘ k 46
Chosap Gas 6 b . . 1900 J AD 106
106* No Penn 1st 4s..’.‘hi Mj
lo w * P it 4-4,19)9 AAO
W-ftft*. m -f fr»rf4ll-vft*D 30 110
It a *
CityAfiub 1st Gs.l 922JAD 116
108
Gen M 7s.......1BOBJAJ
Wp0 i j + r & * a ( Phil i 50
53
6?
Chicagoi one fibt©i 5JAJ
112
ColAGrnv l»t5-0.1917J AJ 118
Penn gen 6s r., ,1910 Yar
W ftrtS T A
“
50
Cb A No M trade,*31 m a n
Consol Gaa 0s. .1910 JAD 11 8«
Consol 6s c . .. .1905 Yar
Wlwvv*. 0*lvw31
>1©0
1
flhi A W M iten 5*.*21 JAD
1*
87
5s................1930 JAD
Consol 5s r . .. .1919 Var
n o fc
1
P ro f..........
** I « 0
Con. o f Yerm't^ft., 13 JAJ' 77
Ga AAiHlStpfSrl945AAO i05H
Collat Tr 4 * s g.’ 13 JAD
ytwh 1 r
** loo ia *
C a n 't lU t 1ft 6s.’ if7 A A O 1 70
GaO nrANlstSf g. 1929JAJ
Pa A N Y Can 7s+.’ 06 J&D
99g 100
* 1r i T U i A MBDU ft.
D O B A W 1»t4ft,’ 40 A A O I, 89
01
Georgia!*! st5-0n 1922J AJ tai^s 125
Cons 5a........1939 AAO
Ti
A.
'<
DomlnConJ lit fid 'I S M iH 1
414
111
GaSoAFln lst5s,1945JAJ n o
lio v j
Cons 4a....... 1039 AAO
2 * Ka»t‘o 1*t M 04 g/00 MA8 118 120
t u a s i X S .- r ii u t ..
*w
Lake It Kl lHt«u5»,4251AS 118
115
Penn Steel lat5a.’ 17M&N
ke^f.r < 4 « Mia » lu *\ i 86
V i EikAM V I » t 0 » 483end! 187
MacA N 1st 4 * « . l 990MA8
People’s T r tr certa 4s.*43
A rr
|^fX--4„ ** JPO
U n fl’pM l« t 6 * ,,38 A A O ’- 137
M et8 t( W ash ) let 5s*20 FA 118*
Perkiom lstaef6B.*i8 Q-J
A r‘ Mlnirc- "
9*
1 9* V iH m in 8te«! o u t 5ft.4io j a j ! . . . . 100
Now Orl Gas la t 5 s...Var 100
Phila Elec gold trust ctfs
A l1 n *4 V 'r 't .
**
86
9
Debenture Se, 1918 AAO
8
NorthCent 4 *s . 1925AAO 112
Pll&Er gen M 5g.’ 20 A&O
V ia *.
«
95
a if
It C C A 8 le t 5 # «.‘95 AAO
70
08 1 9 0 0 .............. AAO
m s*
Gen M 4s g. .1920 AAO
as*
ft*- **# Ml-* " f . .
4
95
K r Ft HAG le t 7i,408 J a D
. . . 115
108J4
0s gold 1900 ....... JAJ
Ph A Read 2d 5s.’33 A&O
Wa. » « /ft®
1 ■
It C FAAM eob 6*."2334 AN
1 13
100
6 s 1904..............t.,J AJ
CotiBOl
M 7s. .1911 J&D
ffcf?
v §6
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*4
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55
4b
income 6*. ,
4
#
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Series B 5i» 1926.. .JAJ 117
Ext Imp M4s g.’47 AAO
Prof.
,
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0>
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102
O h loA M l»t7 9D I 905MAN
97 too
Con M of ’ 82 4b.'37 JAJ
IK## M i f lls-^f 1166
If C 34 Jo A OB 7*707 J AJ 12 6
Pitta AC<m 1st 7s 1898JAJ
10-yr a f 5s g.1902 F A A
1^ - 1 , * *
to;
4
SW’ re 8 d*,f09 M A-8 ■
Pitt Utt Trac 58.1097 JAJ 107*
Terminal 5a g.1941 Q-F
ft* 1/4 «
15
h
AFSin7#.*(>5JAJ
104
Potcun7ral 1*6 5*. 194! JAJ
P
W
ll A Balt 4s. 1917 AAO
r n - v.fi*
so
4 t* i
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a aeA VTn { P i m ) 5»*84J AD 1 11
Collat trust 4s.1921 JAJ
m&bcm f > v I ' l l M B ) 1
« I H ft2
W 9 M C...,1938 AAO
Scab A R «an 5«. 1920 JAJ 10 8* 107
P
itt*
C&St L 7«. 1.900 F&A
Q m frm
rtVwa> t s
J iH U H
Her I I A Ont 6f--, 85 AAO
Virg Mid 1st 08.1906 M AS 110
113
Read Co gen 4s, 1997 JAJ
f ■|
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Max Central "*.1917 AAO
2d Borlos 68 .. 1911 MAS n o * n o ’4 Rochester Rycon 08.1080
Its
lift*
I* k » m ........U911 JAJ
65
3d series 60 .. 1916 MAS 118
Bch RESide 1st 5s g’3 5J AD
*» tool 190 [tOO I
lu t w n iims 8* e n»yt>-emT), 12
4th §er 3- 4 - 5 i. 1921 MAS 102
13
Scran Trac 1st 6s ‘ 32M&N
r
td w n loo At non-cum..! .
f
t
5
5th series 58.1990 MAS 107
Union Term’ l 1st 5s.FAA
T - 4.
“
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86*
; Va (State) 8 s new.\32JAJ
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Prow
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*
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81)4 aiW UnTracPltt* gen5s’ 97J&j
m too! M *| 6 5 * tt T A N Kag let 7«.‘flT5JAJ it 19
! VaA Tenn 2d 5». 1900 JAJ 102
§And accrued interest,
M13V
,.....,...1 0 6 0 TV • 107
108 1
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101
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113
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114
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116*
120
116* 118*
122
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{jnTin<i

THE

D ecehbeb 3, 1898.]

C H R O N IC L E ,

1155
L a te s t ijro x 8 J sa m xn gs•
W e e k o rM o

AMD

R a i l r o a d Intelligence,
RAILROAD

EARNINGS.

The following table shows the gross earnings of every
I t e a m railroad from which regular weekly or monthly returns
oan be obtained. The first two columns of figures give the
gross earnings for the latest week or month, and the last two
oolumns the earnings for the period from January 1 to and
inoluding such latest week or month.
The re tu rn s o f the street ra ilw a y s a re b r o u g h t to g e th e r sep­
a ra te ly o n a subsequent p a g e .
L a te s t G ross E a r n in g s .

J a n . 1 to L a te s t L a te .

B O ADS.
W eek o r M o

1898.

1897.

J a n . 1 to L a te s t L a t e

BOAD8.

g t t t r je s ir a je u t

1898.

|

1897.

$
1
8
165,061|
152,380
1,540,646 1,412,354
645,565j
505,388

A d ir o n d a c k ...... S ep tem b’r.
20,371
17,640
A l a . G t. S on th .. 3 d w k N o v .
40,874
41,129
A la . M id la n d ..
Septerar/r.
93,015
65,959
A la . N . O . T e x . 4 Pao. Ju n o.
N O rl. A N . E is tw k N o v .
30.000
26.00'! 1,186.909
,051,709
A la . A Vioksb Is t w k N o v .
1 ,000
11,000'
516,727
45 6,379
12.000
V icks. Sh. A P i s t w k N o v .
567,166i
7,000
421,^65
A lle g h e n y V a l . . O c to b e r ...
241,119
262,494, 2.211,473
,038,931
A n n A r b o r ........ 4 tliw k N o v .
34,687!
34,121! 1,324.195
,179,840
10,215
A r k . M id la n d — S ep te m b’r.
11.176
7L.607
79,261
A toh . T . A S .F e e O c to b e r ... 3,995,267 3.695,379 3 1.98 0,-N2 29,,003,494
A t la n t a A C liar S ep tem b’r.
143,491 1.261.821 1 ,213.083
145,338
A t l. K n o x .A N o . O c to b e r ...
3 ',0 5 0
32,203
263,297
235.376
A t la n t a A W . P A u g u s t ___
47,706
44,096
365,626
348,656
1 3,530) 115,002
A t l.C ’s t L iD e S .C A u g u s t ___
A tla n . A D a n v . . 3 d w k N o v.
14,152
13,829
5 0 0 ,"3 6
482,351
A u s t in A N ’ w est S eptem b'r.
■18,982
■ ■ ■
17,8u6
B a lt. A O h io ----- O c to b e r ... 2,395,952 2,384.215 23,363,060 21,,504,056
B a l. & O. Sou ’ w . 3 d w k N o v .
140,1901 125,170 6,317, 00 5,,683,928
B a th A H a m ’nds S ep teiub’r.
2,989!
2,423
17,475
18,61 )
2,562;
B lr. <k A tla n tic . O c t o b e r ...
2.010!
20,914
18. <06
B r u n s w ’k A W e st S ep te m b’r.
56.618!
49,264)
456,720
418,987
B u ff.R o o h .A P itt 3<iwk N o v .
84,463
75,156 3,421.410 3,,063.656
B u ff.s t ,M .& 8 . W O- t o b e r ...
34.906
............
262.042)
B u tialo A 8 u s q .. O c t o b e r ...
80,063
65.674
549,000
51*2,445
B u r.C . R a p . A N . 3 d w k N o v .
99,023
96,599 4,03 *,296 3.,795,632
576.0 ,0
O an ad ia n P ac ific 3 d w k N o v .
553.0JO 22,642,363 20,,998,341
8.741
O ar. M id la n d .... O c t o b e r ...
49,091
7,200
54.039!
C en t.of G e o rg ia 3 d w k N o v
140,915 138.57 h | 4,885.504 4,,664,780
C e n tra l o f N. J.. O c to b e r ... 1.2 45,052 1.230,733 10,329,432 10,,439,517
C e n tra l P ac ific . Septeinb’r. 1,485,754 1,453,335
________
G h arlest’n A S a v S ep te m b’r.
465*391
44,457
40.392!
517,866
C h a s'n & W .C a r. A u g u s t ___
54,333
55,687
............
C h a tta n ’g a S o .. 2 i w k N o v .
1,421 j
1,601
59,952
*64*439
Ches. A O h io— 3d w k N o v .
233,519
241,201 10,535,418 9, 975,713
C h ic .B u r & Q .d O c to ber.
4,634.207 4,357.251 35,556,303 32,,61 .412
Chic. & East.111. > d w k N o v
114,181
113.801 3,824.668 3, 600,884
Chic. G t. W e s t’n 3 d w k N o v. 1 115,835
112,449 4,949,415 4. 546,722
Chic. In d . & L . 3 d w k N o v.
66,441
64,289 2 ,968,“06 2,,8 58,877
C h lo .M U .A S t .P . 3 d w k N o v.
839.401
770,026 31,591,440 23, 416,516
Chic. A N ’t h w ’n . .O c t o b e r... ;3,076.063 3,626,260 30,503.230 27,,594,251
O h lo .P e o .A S L L . O c to ber ..
78,438
80,000
685,096
672,168
O hlo.R ’ k I. & P .J sep te in b’r. 2,053,406 2.016,909 15,367,591 13, ,575,918
C h lo.S t.P .M .A O . O c to b e r ... 1,173.931 1,087,357 7,554,042
932.^74
C h ic .T e r.T r.R R . 3 d w k N o v .
26,032,
950,442
22.7121 1,0 ?6,72 *
Chic. A W . M ic h . 3 d w k N o v .
38,004'
459,953
33,305 1.750.050
C h o c .O k .& G u lf. ith w k O c t .)
41,125
909,414
35,78* 1,255,280
G in .G .A P o rt s ’th S ep tem b’r. J
8,316
6,824
O in .N . O. & T. P . O c t o b e r ...
403,332! 319,392 3,863,473! 2,,983,087
C ln .P o rta .A V ir. t th w k O o t
9,900
234.932
8,858
222,698
C le v . A k . & Col. 3 d w k N o v .
18,819,
17,304
7 *7,736 1 696,08 5
G lev.C an . A S o .. 3 d w k N o v J
15,350'
15,034!
632,19 2
580,813
O L C in .C h .A S t.L 3 d w k Nov\
284,694
279,111 12,922,259 12,,151,364
Peo . A E a e t’n O c to o c r...
173,831
164,13 J 1,5^0,313, 1,,435,455
O I.L or. A W h e e l. 2d w k N o v .
29.04 i !
33,081 1,305.284 1,,160,058
Col. M id la n d .. . . O c t o b e r ...
157,810
162,878 1,347,682
,435,927
Col. H . V . & T o l. O c to b e r ..
260,373, 325,659! 2,188,805
,977,358
Col. S a n d ’y A H .;3 d w k N o v .
17,815
21.129’
661,014
746,841
C o lu sa A L a k e .. O c t o b e r ...
1,600
18,955
2.500
14,659
C ry sta l...............S ep tem b’r.
1.193
1,441
9,862
1 0 ,8 -3
O u m b T d V a lle y S ep tem b’r
85,764!
94.933
601,518
624,304
D e n v . A Rio G r 3 d w k N o v .
203,309
185.900 7,646,253
,580,381
D e e M . N . A W . . O c t o b e r ..
46,757
43,189
353.746
440.803
D e t.G .R a p . A W 3 d w k N o v.
29,833!
,153,599
2S.G7S, 1,310,027
D e t. A L i m a N o 3 d w k S e p t
8,917!
8,7621
180,829
303,753
D d t .A M ack in ac B eptem b’r.
41,679
366,671
29,939
414,217
D u lu th S .S .A A tl 2 d w k N o v .
30,0081
32,067, 1,591.579
,398.706
E lg in J o i.& E a s t. O c to b e r ...
148.915 , 112,865 _______
1,262,2 O
963,077
_
B n © . ...................O c t o b e r ...
J,116,143 3,269.293 27,11^,077 27.,387,757
E u re k a S prin gs. S ep te m b’r.
6,437.
5.137
42.746
48,833
E v a n s. A l n d ’plis 3 d w k N o v .
7,025
271,477
7.251
274.896
E v a n sv . A T . FT 3 d w k Nov.
30,936
,002,184
23.589 1,037.361
F in d . F L W .A W . A u g u s t .. ..
9,894
7,63 |
F it c h b u r g ..........S eptein b’r.
688,641! 703.524 5.328.752| 5, 278,821
F U u t & P . M a r q 3 d w k N o v.
66,237
60.450 2 696,210 2, 456,129
F la .C e n t .A Pen . 2 d w k N o v .
53,395
965,370
40,592) 2.6S1.160
F t .W ’th A D e n .0 . 3 d w k N o v .
54,9171
, 29,912
50,921 1,272.592
F t. W . A R io G r 3d w k N o v .
17,805
335.864
16.5001
466,408
G a d s. A A tt. U . O c to b e r ...
625
7,077
700
5,973
G e o rg ia R R .......3 d w k N o v .
37.325,
,402,756
3 6 ,6 -7 1,393.269)
G e o rg ia A A l a . . 3 d w k N o v.
30,5 36
959,438
29,470 1,104,015
G a .C a r ’la A N o . O c to ber ..
87,7431
722.616
700,390*
90,9521
G e o. So. A F l a . . [O c t o b e r ...
85,734
713.452
81.0621
806,026
G r. R ap. A In d
3 d w k N o v.
42,492
,757,510
41,695 1,918.014
O ln .R .A F t .W 3 d w k N o v.
8,451
361,623
8,256
395.781
T rave rse City. 3 d w k N o v.
948
35.064
8 lj
'36,*77
M a s. G . R. A I. 3 d w k N o v.
2,126
105,455
113,592
2,109!
T o t a lliln e s. 3 d w k N o v .
54,017
52.951 2,465.167
.259,650
G r . r r ’n k S y s t ’m 3 d w k N o v.
513,593
,730,490
5 0 4 ,9 *0 21,324,142
C h i c .A G r .T r 2 d w k N o v.
72,624
,h 01,092
60.2631 3,162,0 <4
D e L G r .H . A M . 2 d w k N o v .
17,500
863,363
19,928
822,479
G re a t N o rth ’D—
Bt. P. M . A M O c to b e r ... 2,446,461 2,234,190 15,505.739 13,305,923
E a s t o f M in n . O c t o b e r ...
4fi4,770| 282,531 2,028,473 1,526,162
M o n ta n a C e n t1O c to b e r ...
195,014
202,680 1,657,762 1,691.720
Tot. system O cto ber .. 3,106,248, 2,719.307 19,191,974 10,523,805
G ’l f B ’m n tA K .C [O c to b e r...
19,53
104,024
12.810
152,414
G u lf A C h icago. O c to b e r ...
9,123
37,204
5,827
43,812
H o o s.T u n .A W il. O c t o b e r ...
5,722
46,725
5,642
45,482
H o u B .A T e x .C e n S ep tem b’r.
503.364
423,881
Illin ois Cen tral 1 O c to b e r ... <2378150 ♦2439390 ♦22417353 ♦ 19617042
In d .D e c . A West. J u ly ..........
39,401
255,520
43,569
255,805
In d TIL A Io w a . 'B eptem b’r.
71,844’
559.744
61,369
639,150

1898.

1897.

1898.

1897.

$
In ,A G t ,N o rt h ’n. 3 d w k N o v .
117,535
102,128' 3.3 1*,6 85 ' 3,136.965
Iln te roc . (M e x .) W k N o v .1 2
59,900
51,500 2.734,000 2,326,940
I o w a C e n t r a l... 3 d w k N o v .
39,839
36,513: 1,773,297, 1,514,963
Ir o n R a il w a y ... O c to b e r ...
4,339
3 ,7 3 4 !
41,143
31,506
Jack. T. A K W O c t o b e r ...
26,471
22,606;
293,563
248,556
K a n a w ’a A Mien 3 d w k N o v .
11,641
10.4771
501, 58
465,363
K .C .F . Scott A M . 3 d w k N o v .
8 8 ,3 -0
104.216 4,243.384 4,258,117
K .C .M e m .A B ir. 3 d w k N o v .
35,529)
3 1 ,0 5 4 ’ 1,267.04 l 1,013,336
K an . C. N . W .... O c t o b e r ...
28,9851
33,058,
278.577
286,013
K a n . C ity A O m . 3 d w k N o v .
22 4,323
4,050
7,9991
235.181
K. C. Pitts. A G . 4th w k Nov.
92.609
93,842 3,005.653 2,174,446
K a n .C .S u b .B elt. 3 d w k N o v .
468,043
11.288,
8,264
346,503
K e o k u k & W e st.c 3 d w k N o v .
12,09l|
12,075
512,801
518.349
L.
E r ie A3dWest..
w kNov.
67,989
64,737 3,074,626 3,033.694
L e h igh A H u d .. O c to b e r ...
38,750
37.653
314,026
308,573
L e h igh V a l. R R . O
c to b e r . 2,333,326 2,343,53 < 16 219,119 15,847,08 L
___________
Leh. V . C oal Co. O c t o b e r ... ’2,234,740 2,536,33 l 13,206,028,13,667,315
L e x ’g to n A E a s t. S ep tem b’r.
2 .264!
17,002
176,9181
155,711
L o n g I s la n d R R . O c t o b e r ...
369,900: 362,427 3,892,349 3,579,631
L o n g Is. System. O c to b e r ...
380,796 4,230,283 3.924 847
386.126
L o s A n g . T erm .. O c to b e r ...
6,745
6,820
76.923
79,268
L o u is.E v .A S t.L . 3 d w k N o v.
33.370!
32,920 1,333,822 1,295,267
Lou. H . A S L L . . 3 d w k N o v .
10,932
10,226
440,6131
_______
449.214
L o u isv .A N a sh v . S d w k N o v .
4 85 ,8 85 1 425,^90.20,109,223 18,354,760
Macon A B i r m .. O c t o b e r ...
7,481
8,511
4 7,779,
51,759
M a n is tiq u e _____ O___________
4,2141
c t o b e r ...
5,866
8 9 ,9 5 3 !
103.385
tM e x io an C en t.. 3 d w k N o v .
2 76,793
264,366 11,803,0 4. 11,206,687
281,462
M e x lo a n In t^ r’ l.!O c to b e r . . .
246.144 2,763,316 2,5 <5,892
JMex. N a t io n a l. 3d w k n-o v . 1L9.914
110.639 5,417,147, 5.290,610
" .............
62,181
M ex. N o r t h e r u . S ep te m b ’r.
58,837
418.165
441,310
IM e x ic a n R ’w a v W k N o v 12
70,000 3,5S7.900 3,236,000
80,500
M e x io a n So.......!2 d w k N o v .
12,485
11.934
564,639
598,935
M in n e a p .& S t.L . 3 d w k N o v .
5 ; ,44 L1 52,049 1,968.306 1,921,970
.
M.
S L P .A S .S L M . 3 d w k123
N o v059
.
12 L.567 3.82 1,42 lj §3.454. L31
Mo. K an . A T e x (3 d w k N ov.! 29 7.199; 319.194 10.378.u01 10,387,266
M o .P a o .A Ir o n M 3 d w k N o v .| 564.000' 578.0 > <123.423,114 21,696.218
C e n tra l B r ’c h J jd w k N o v .)
23.000
•25,90 > 1,171,354
997,925
T o t a l............’3d w k N o v .
587,099
603.00 *|24,594,463 22,694.143
M o b ile A Birm ..|3<lwk N ov.l
9,738;
9,911
........
............
M o b ile A O h io .. O c t o b e r .. . ' 419.200
383,886, 3,538,444 3,215,923
Mont. A M e x .G ’t ,O c t o b e r ...
109,587i 110,201 1,131,229 1,139,970
N a s h .C h .A S t.L . O c t o b e r ... I 540,763
526.3 52 4 ,8 8 0 ,L24 4,534,099
N e v a d a C e n tra l. A u g u s t ___
2.075!
3.245
..........
..........
N . Y . C. A H . R . . O c t o b e r ... 4,252.100 4,203,249 37,407,640 37,555,328
N. Y . O n t & W . . 3 d w k N o v .
82,916
8 2,969 3,416.190| 3,519,254
N. Y . Susq. A W . S ep te m b ’r
201.2561 200,390 1,639,256 *1,603,369
-----------N o rfo lk A W est. 3d w k N o v .
225,613! 204.949 10,031,436, 9,046.350
N o rth 'u Alii. Ry. 3 d w k N >v.
5,33 2
4,436
184,023
157,100
N o rth e s’n (G a .). S ep fera b 'r.
6.530
5,844
43.012
42,859
N o rth ’n Ce n tral. O c t o b e r ...
669,907i 645,636 5,406.870) 5,531,077
N o rth ’n Paoitio. 3 d w k Nov*
624,657) 589,975 22,233,037,18,457;616
O h io R iv e r ........ 3 d w k N o v.
23,091
22,334
870,629
866,122
O h lo R iv .A C h as. A u g u s t .. ..
1 4,l7 0j
12,744
128,040)
112,050
O hio S o u t h e rn ..’O c to b e r ..
73.519, 2 91,499
557,809
574/204
O r e g .R R .A N a v J .3 t w k N o v
187,506, 1 6 8 ,1 6 ) 6,414,289 4,9 *3,294
O reg. 8h. L in e .. S ep tem b’r.
654.699
534,590 4,859,647; 4.301,351
Pao. Coast C o .. S ep tem b’r.
406,420
422.436 4,012.250 2,902,596
Paoitio M a il....... O c to b e r. .
357,326
293,553 3,761/234 3,514,326
Pen n sylvan ia^.. O c to b er
0,001,778 5,996,773 54,04 »;5S4 5 2,785;284
P e o n a D e c .A E v . 3 d w k N o v .
18,007
17,030
787,332
801,750
P e t e r s b u r g ....... S ep te m b ’r.
40,778
40,510
489,015,
432.235
Phila. A E r i e . .. S ep te m b ’r.; 481,248
515,155 3 ,1 9 8 .i7l| 3,220.830
P hila. A R e a d ... O c t o b e r .. .'2,214,018 2.184,454 17,902,9 0 17,412,563
C o a l A Ir. Co. O c to b e r. . 2 342,422 2,505.170 16,817,523 18,190,437
T ot. both C o’s. O o t o b e r ... 4,556.4 <0 4,089,024 34,720.428,35,6 )9,050
P h il. R. A N . E . O cto b er. J
6 *,592
69.039
527,993
538,673
P hil. W ilin . A B. S optem b’ r.
807,690! 774/290, 7 ,3 0 8 ,7 78i 6,790,678
P itts .O .O .A S t.L O o t o b e r... 1,595,728 1,4 *9,08 L 13/230. \90 12,196.415
P it ts .L is b .A W n O o to b e r.. )
4,132
5,400
37,823
37,475
P it ts .B e s .A L .E . 3 d w k NovJ
24,420'
17,573 1,190,853,
514,733
Pitts. A W es’u .. 3 d w k NovJ
36,223)
33,573 1,599,028 1,527.511
P itts. Cl. A Tol. 3 d w k N o v .
20,347|
21.590! 957,1741
799,782
-----P itts. P a. A F . 3 d w k Nov.
6.721
10,2 111 337,049;
3 27.486
T o ta l system 3 d w k N o v .’
63,291;
05,410 2,906,523. 2,674,902
P ittsb .Y o . A A . . O c t o b e r ... j 104/229
159,3 271/254,319 1/213.375
R lc h .F r ’K SijAP. S ep tem b’r.
61,515
53,203 042,613
533,655
Rich. A P etersb. S ep te m b ’r .1 23.239
26,827) 293,473
256,751
R io G ra n d e Jot. S ep te m b ’r.
38,283
4<,997l 281,120,
254,202
R io G ra n d e So’n 3 d w k N o v.
333,609
10,600,
10,147 42 »,446
R io G r ’de W est. 3 d w k N o v .
70,400
64,100 2,923,783 2,586,901
St. Jos. A G r. I . .. 3 d w k N o v.j
22,490,
32,532 1,100.7L9, 1,021.260
St. L .C h i. A St. P. O _________
243,542
3 2 ,8 )2
30,352 2-<0,57-<|
c t o b e r .. .'
S t.L .K e u ’e tA So O c to b e r ...
9,372
8,782)
58,166
51.947
159,691
156,245 6,183,880! 5,707,487
8 t.L .A S a n F ra n . :M w k Nov.
S t.L. Southw est. 3 d w k N o v .
153,000
131,OoO,4,809,63 L! 4/244,853
S t .P a u l A D u i.. O c t o b e r ...
191,9 47
210,480 1,349,081 1,304,803
San. An t. A A . P O c t o b e r ...
257,292. 170.800
1
............
San F r a u .A N .P . O o t o b e r...
94.755
87,6^0
732,016
678.340
S. F e P r e s . A P h . 3 d w k N o v.
15.241
13,9551
731,902
621,740
S a v .F la .A W est. -Septem b’r.
347,950
286 908 3,166/231 2,514,848
S h er.S h rev .A 8 0 . i t h w k Oot.
18.242
16.6.53
278,280
248,000
SU. Sprs. O. A G.j S ep te ;u b ’ r.
28.854
18.934
210.189
148,840
S io u x C. A N o r . S ep te ra b ’r.
33,795
3 7,172
187,901
179,423
8 0 . Paoitio C o .—
396.100 3,955,8 >3 3,315,477
G a l.H a r .A S .A S ep te m b ’r.
500,383
934,743
706,967
59,671
L o u is’a. W est. S ep te m b ’r.
108.035
410 006 4,625,212 3,717,609
481,90~
Mortran’s L A T . S ep tem b’r.
241,750
43,719
N .Y . T . A M ex. S ep tem b’r.
240,168
38.048
100.914 1 ,2 6 7 ,6 )3 1,113,461
156.154
T e x . A N . O r l . . S ep te m b ’r.
A t L P r o p ’t e s .6 S ep tem b’r. 1,330,472 1,048.933
So. P ao . o f C al. S ep te m b ’r. 1/245,275 1,380.0 *3
231,7 26 2,291,910 1,875,597
220,086
S o .P a o .o fA riz. S ep tem b’r.
998,310
108.208 1,164,042
S o .P a o .o fN .M . Septetnb’r.
112,759
Paoitio system S ep tem b’r. 3,395,700 3,446,151
T o ta l o f all./ S ep te m b ’r. 5,229,536 4,918,97 * 41,851,319 36,709,582
492,392 20.173,479 L8,031,545
555,236
S outh ern R y, g . . 3 d w k N o v .
31,003
33,>98
4,0-<4
4,423
Stony Cl. A C .M t. se p te in b ’r.
333,08 2
284.030
18.507
15,663
T e x a s C e n t r a l.. 3 d w k N o v .
239,414 6,730.428 6,316.578
220.036
T e x a s A Paoitio. s d w k N o v .
46 924
10,596
T e x . S . V . A N . W O c t o b e r ...
39,901
3 9 .-4 7 1.631.511 1,479,247
T 01.& O h io Cent. 3 d w k N o v.
871.025
829,950
20.806
17,573
T o l. P . A W e s t .. 3 d w k N o v .
4 8 ,*5 4 1.9 *5 031 2,0 L3,313
48,034
T ol.S t. L . A K.C. 3 d w k N o v .
U n io n Pao. R R .. O c to b e r... 2,O09,l’6 ‘» 1,801,792 14.532 898 13.332,618
86,765 3,270,514 3.041,391
75,798
C J u .P .D en .A G .. 2 d w k N o v ,
257;276,12,200,054 10,839,292
288,196
W a b a sh ...... ...... 3 d w k N o v .
12,136)
78,751
9,221
97,518
W a o o A N o r t h w J u n e ........
178,112 2,349,520 2,239.903
201,830
W .J e rse y A S ea ’e O o to b n r...
94/204
961,311
943,029
90.432
W .V .C e n A P itts O c t o b e r ...
36 510
248/285
255,304
35.318
^ e s t V a .A Pitts. A u g u s t ___
47.067
44,640,
397,128
387,432
W estern o f A l a . A u g u st ..
75,500.
2,744,450
2,768,768
66,903
West. N .Y . A P a. <d w k N o v .
33,600
---------1,309.178
1,013,322
36,468
W heel. A L . Erie 3d w k N o v .
39,522
344,384
310,932
4 3.*55
Wil. Col. A A u g . J u n e ........
100.837
9 5.26 2 1 4,417,866 4.034.897
Wisconsin Cent. 3 d w k N o v .

THE

i ue
L+144-i
JW tM +rM #

1&9&. j
9
W lj
6,*03l

y j a l iNwttwurn

ftn. 1 to

4Sk&n|A*k^d
18#?.
9
9,354
7*149

4696.

CHRONICLE.
riu'.r.

1

6
61,872
»8,«34'

1897.
*
61,143
50,352

at at** tmcinde rtwuju on
lme*. t> taiMudo# earnmga
{«m M . os*? . not <1 * 9 0 » P t w te>| .
« lu<du<S<* 1>*b Mome* A
____ a i O u !-*t all txericKU.
d injiud*** operation* of the Ohio* BurB ^ a Jt kart&#ttt la !>oth ro *r*
* Include* w u l l i on A T, <fc B.
F * ti-aU Cbl % t E V J i Fe P*ciJ!a oUt 4 ’ isdUc A P*elfto» *otl 8 0 .
n*s Kj .
t Ineiu4iwi
P*c»He uTilem, the AtUttUo propertiaa and
li© Ho L*a*»o A tV t** C+ntraJ •r*t<»tn ^ fietftmitu? July, oaratajft of
tfttcBp&U KNy^ilon * tjl Vf
a <b Atk*’ !j hnauotio* *ro Included
far b*Jih reAr*- K itcMjtt* on Cin tgoh^noa Northern arc Included
f ->raa n+pursab+t l in
jtmt*. * IVafUc luupeadad oa account of
Ye.lWw m » r
, , ,
- tt*»:ii*,a is jCan*.** Cti? A lodoponlcnoe Air lim e arc not included
for «u?.b-*r
t
A Ohio ikCwfwt«ra for both yearn* but Ohio
VAlter m%4 *. -»-.* > * i t tor I > xa *1893 oaly. ii3J*ull5 itt Yaxoo Braucti
M # o4 a 4 #Js»vr July 1* 1398.
; h U tlota carreaer
I OoT«rs
o f uana Irootlr operated n »«f o f Ptuabar*.

L»l««tQro>H E irn ia^i by Weeks.—The latest weekly earngo in g are separately summed o p as fo llo w s :
For the third week of November oar final statement covers
il r>>«vis and shows s 21 per coat increase iu the aggregate
aver l h « Siune week last year.
3 '■ to to k o f X o t t m b t r

P r*vioa«!y rop'a <36 Pda
AA baisa 05, eotttBnro .
AHaatio * Danville---east * OfeioaaauiwMn
■art. Ced. Bats A S orts
Canadian Pacific....
Osotral of U n '« t a .
C M M in t lt A Ohio
sJOlvacv- A East. Illinois
Okie- Onas Western.
Oslo- Term Transfer
C n ,a < a * W » » t M loW *»»

CUve- Caatea ft South'o
C ! » t » On. thlc. ft st. (.
Ool Bandiisky a R o c k 's
a In dianap olis

■ ra a rr A Terre Haute
Filet A Fere Marquette
Ft. W orth A D e n v e r Gity

Ft-t* >rth ft Rio Grande.
Georgia ......................
(ieurma A Alabama . . . „

Traverse City.------ ..
Mask. Or. Hap. A tad.

Grand Tran k ,...........
Onto, A Grand T r a s k ;
tM . fid if A
Iowa O d «lr»t.. . . . . . . . . . .
Eso. CHr Ft. 8. A Mem,
Kao.C. Mem. A Btrra...
Sanaa* O t r A Omaha .
Keokak A Western........
Loots v, Head. A Hi. L . .
Leatsrl Ue A ft ash vt Hr
Mian. fit. P. A 8. 8te. M
Mohiir A iilrtainkhau.
Worfoik A
SorUiern Aiatmma___
Sorthrm PertOc.........
Ohio iOTrr---- - ----- Orogats RR A « A v ......
Pttkshor* A Western ...
ftUe Oraade RonUiern___
» t Joeesk A Od. Island
Bf. te a l* A San Fran....,
kt. tarsi# ikmttitsos'err.
Pasta Fo Pr. A Fmeotk.,
Srwtssart. HetiWAi . , . u
Tsiastkm tral . . . . . . ..
Toledo e*orla A West'n..
Week. S. T» A Pennsylt
T o ta l,til roads, ,
Sstltserrsao t*21 t> e ..

1898

4897

*
9
3.4*0^75 3.330.505
41. rill
40.874
13.82S
n .iw
140.190
125.170
oy 023
h6.599
570.000
553.000
140.915;
138.578
233.519
241.201
114.l « 4
11L804
112.449
115.835
68.441
64,289
26,032
22,712
33.305
3fl,004
15,034
15.350
284,69*
279,111
17315
21,129
29,833
28.078
7,25 l
7.025
30,936
23,589
60,450
00.237
51.947
50,921
17.805
10.500
37,325
36,607
30.536
29,470
42,492
41,095
8,451
8.2t>6
94*
891
2,109
2.126

Increase
166,075
323
15.020
2,424
23.000
2,337
_____

380
3,380
2,152
3,320
4.699
316
5,583
1,155
7.317
5,787
4,02b
1,305
058

______

7,682
_ Trt

___

,

3,314
226

’797
195
57
17

501,980

8,613

39.839
88.380
35.529
4.050
12,091
10,932
185.885
123,059
9,73.0
225,613:
5.333
621,657
23,091
187.508
63,291
10,600
22.190
15MJ96
153,000
1*,241
555.238
15.663
17^573
288,19d
06,909

30,513
104,216
31,054
7,999
12,075
10,220
425,590
121,50?
9,911
204.919
4.480
689.075
22,3-84
108,109

3.326
4,475
16
706
60,295
1.492
20,004
8-»7
34,681
757
19,337

.

8,179.218 9,000,185

«
88.200
255

1 ,0 0 6

613,593

10,147
32,582
150,245
131,000
13.955
492.39 :
18,507
20,8"8
257,270
7&.500

D u ria tt.

453
3.451
22,000
1.286
62,814
30,920
—

627,589
383,081

15,836
3,949

173

2,119
10,092

2.844
3,233
8,600
114,528

N e t Earning-# M o n th ly to L a t e s t D a te * ,— T h e ta b le f o l l o w ­
in g show s th e g ra m an d n e t e a rn in g s o f S t e a m ra ilroad s
re ported th is w e e k . A fu ll d e ta ile d s ta te m e n t, In c lu d in g a ll
road * fr o m w h ic h m o n th ly re tu rn s nan he o b ta in e d , ig g iv e n
otirw a m o n th in those colu m n s, an d th e la t e s t s tatem en t o '
f i t s k in d w ill be fou n d In th e C a aofttC L E o f N o v e m b e r 19,
IS M , V b « n e x t w i l l ap p ea r in th e lasuo o f D ec. 24, 1 1 9 8
— — G rv jff f i it r n i n g i — .
— N&l Barning*.—
1898.
1897.
1«9^.
1897.
$
%
*
*
A5<Jj., T o p A 8 » . h .O r t . 3*99 1*707 3*09 >,379 (1,815,505 (1,288.127
J » * . 1 to OtJV 91s..*, 31,980*11 '

J<air t \o O c t i i Zo 13,t *l*9v56
8-c* b 4t llAsofj'ifkf|4® * * p t .
2,189
2.9 23
Jar
■ • - ■- !•>...
17.47$
lH.tUO
Jv\j 1
-PpL 30..^,,
7,136
9.4 29
8aS R.kpc.4
349.072
353.702
l i e . 1 to f>r‘ :il 141 3,l*»2al00 2,943,196
\
31s..** 1*375*917 1*29 9,9 ft l
sh_ If. &
3i.f>06
J l4 . I to eject 3 Li-. ...
262,042
0 1,06 4
B*Ease 4 S s a i'W ia .'.M
65.674
*
l V., *, t 4 1 . . .
549,000
.512.415
269,190
242,4 40
L.iiwprJ ,«».r,<0*5.1, Z & W .7 M 2,790,0 >1
204*4 M 6 3 I M 80,341
+

1 **>

30.aw,

150,876
412,7(17

14',959
418,155

t3;533 93 2 (3,739,316
1,129
1,171
3,23-i
3,859
2.408
3,449
118,183
131.891
1,13 1,101
955,552
485,604
471,008
24,088
106^564
2 0 .tao
3 1,901
178,563
240.04 >
83,04 2
133,578
1,255.845 1.414,739
0,115,751 8.000*586
22,419
99,772

33,257

[V ol .

Lxvn.

U r o l* K a r t u n u t .—
---- Net K a m tn g t.----- .
1397.
1898.
1898.
1897.
|
*
k
*
Koarlx.
049,891
017,787
300 427
Oont. of <ioor«la.M..Oot.
283,478
Jan. 1 to Oot 31----- 4.438.8 15 4,'.’ 39.815 1,371, r<82 1,377,848
July 1 to Oot 31. ... 1,974,754 1.359,232
720,488
676,208
Oont.of N. Jersey.a..Oat. 1.215,032 1,23 1,733
534,18!
511.885
Jan. 1 to Oot. 31____10,329,13 10,180.517 4,015,830 4,017,2s0Cent. Penn. A Western —
5,982
July l te Sept. 30 ...
0,209
17
27
16,850
15,139
def.18
Jan. 1 to Sept. 30 ...
42
ones. A Ohio a . . — Oot. 1,035,491 1,000,527
381.070
322,942
Jan. 1 to Oot. 31. . .. 9 848,384
343,381 9,352,110 3.205.522 2,880,040
July 1 to Oot. 31. .. 4,107.539
------------ 3,902.459 1,4 32,28! 1,329.003
Ohio. Barl,A<4uIn.tj..0ct. 4,034,207 4,357,251 2.230.119 2,031.603
Jan, 1 to O s k 3 l...... 35,556.30! 32,010.412 13,442,073 13.108,052July 1 to O .'t.s i, ...15,701,553 15,663.563 3,000 053 6.829.356
OHIO. M. A 8t. P.a...Oot. 1,078,450
3,579,8471,919,9741,613.298
Jau. 1 CO Oot. 31. ...29,005.002 28,03 !,235 10. 75.645 9,932.508
July 1 to Oct. 31. ..13,325.621 12,284,752 5,320 035 4.808,155
Otiio.Torm. rraasLb.O ot.
101,714
97,8 <0
61.426
64,125
July 1 to Oat, 31. ...
403,430
364.139
247,2 43
219.292
Cleve. Canton A So..Oot.
67,863
13.542
77.638
26,627"
Jan. 1 to Oot, 31____
587,428
533.062
80,237
94,780
July 1 to Oet. 31 ....
251,213
221,760
36,174
52,994
134,120
124,059
Olev.Lor. A W heelaSept.
39,527
39,730
Jau. 1 to Sept 3 0 .... 1,111,168
918,763
304,250
245.443
July 1 to Sept 30___
389,178
312,109
109,594
72,719
Oolumb. Newb. A Laur.—
in ly i to Sept 30___
29,651
28,506
4,294
831
Jan. 1 to Sept. 3 0 ....
259,352
267,273
55.582:
67,059
E rie.a ......................Oot. 3,116,148 3,369,293
997,630 1,040.600
Jan. 1 to Oot. 3 i ...... 27.119,077 27,38 7.767 6,773.4 19 7,069,655
July 1 to Oct. 31____11.619,179 12,-191,648 3,586,282 3,690,675Fonda Jolinst. & Gloversv.—
July 1 to Sept. 3 0 ....
82,377
76,400
38,521
30.419'
Jan. 1 to 3epr. 30
202,076
196,678
74,6 $4
89,644
85,734
Ga. South..& Fla .a ..O ot.
81.062
30.031
27,917
Jan. to Oot. 31___ _
806,026
713.452
235.678
222.010July 1 to Oct. 31......
323,807
306,5 i5
100,3 27
105.5 16
205,455
Iowa C en tral.b____ .Oot.
180,331
64,753
68.86L
Jab. 1 to Oot. 31...... 1,642,694 1,400,3 <1
465,944
452,568
July 1 to Oot. 31.......
713,894
618.359
209,326
237,403
Kansas City Gas. ...O o t.
29,273
May 1 to Oot. 31......
128,400
LehiKh Valley RR ..Oet. 2,333,320 2,343,538
951,u72
878,671
Jan. 1 to Oct, 31........ 16,219.119 15.8 47,031 4,612.829 3,938,260
Deo. 1 to Oot. 31........17,758,231 17,398,121 5,076,909 4,295.183
Lehigh Val. Coal Co..Oot. 2,234,740 2,536,334 df.47,110
171,621
Jan. 1 to Oot. 31........13,206,028 13,667,315 d f.413,230 d t l 11,662
Deo, l to Oot. 31_____14,715,005 15,127,078 Ot.972.617 df.161,239
Loulsv.&Nasl>v.b...Oot. 2,102,886 1,868,454
811,202
610,261
Jan. 1 to Oct 31_____ 18.66 ,04 3 17,0 36,275 .5.803.6(8 5,487,9 16
July 1 to Oot 31. ... 7,738,255 7,306.887 2,545.L03
- - - - - 2,496,102
- ---------Mex. Internationa)..Oot.
281,462
240,144
119,9 41
100,897
Jan. 1 to Oot. 31...... 2,768,316 2,505,892 1,1 (6,047
943,855
Minn. & 3t. Louls.a„0ot.
2 14,535
114,560
256,849
119,788
704,739
Jan. 1 to Oot 31...... 1,80 4,353 1,764,426
677,500
J u ly ! to Oot. 31. ...
801,408
353.8’ 0
362,509
355,076
H. T. Ont. & W est,a .Oot
368,327
370,412
110,182
119.238
■Ian. I to Oot. 31...... 3,189,76) 3,289,290
858,993
920,373
July 1 to Oot. 31...... 1,457,708 1,521,592
502,984
447,476
955,893
Norfolk A Weat’n .a .Oot. 1.071,157
490,304
208,685
Jan. 1 to Oot. 3 1 ..... 9.364.598 9,093,277 2,80 4,344 2,629,125
July 1 to Oot. 31...... 3,903,631 3,883,176 1,330,607 1,260,490
5,941
Northeastern o f Ga.Sept.
2.007
6,530
506
2.7 49
12,359
48.012
Jan. 1 to Sept. 30 ..
9,538
3.276
14,900
15,531
July 1 to Sept. 30 . ..
3.056
645,636
669.907
Northern Central.b..Oot.
218,701
242,973
Jan. 1 to Oot. 31...... 5,436,870 5,531,077 1,507,679 1,699,790
293,553
*175.472
Paotiio M all..............Oct.
357,326
•48,655•Tan. 1 to Oct. 31...... 3,761,231 3,514,336 1.114,357
673,507
M ay 1 to Oot. 31...... 2.302,725 1,974,985
*378,819
‘ 948,633
Pennsylvania—
Lines directly operated—
E astof P itts.A 12.Oot. 6,001,770 5,944,778 2.244.604 2.175.900
Jan. 1 to Oot. 31. ...5 4,010,581 52,785,284 16,973,307 16,906,807
W estof Pltte.AB..Oot.
Ia o .
4,300
121 400
I no
Jan. 1 to Oot. 31......
Ino.2,404,600
Doo. 278,900
Peoria Deo. A E v b. Aug.
91,589
95 078
11,948
22.706
Jan. 1 to Aug. 31 ...
569,332
592,949
105,546
67,000
Phlla. A Reading.b..Oot. 2,214.018 2,181,451 1,012,140 1,070,310Jan. 1 to Ooti. 31. ...17,902.900 17,412. '6 i 7,459,8 >0 7,500,9 !3
J ttly l to Oct. 3L____ 7,802,231 3,0i3,361 3,411,672 3,758,122
Goal A Iron Oo.b .Oot. 2,342.4 2 2,505,17 ) ’ 1 )3 ,1 0 6
264,624
Jan. 1 to Oot. 31. ...16.817,5 !8 13.196.437
117.3 (5 d f.15,5 97
July 1 to Oot 31. ... 7,290,858 9,13 1.033
15 J,219
6 ! 0,072
Total both Co’a.b..Oot. 1.556.440 4,639,324 1,145.216 1,314,964
Jan. 1 to Oot. 31.......34.720,428 35.604,050 7.577,215 7,485,336
July 1 to Oot. 31. ...15,093,489 17,141,647 3.470,421 4,375,194
Reading Oomo'ya..Oot.
........
........
19.649
32.706
July l to Oot 31........................................ .
67.192
119.440
TotalaUCom p’8.b..Oot.............. —
_____ _
1.164.06 ) 1,367,670
July l to Oct. 31..... .................................... 3,938, <13 4,495.031
Slo Grande South, b..Oot.
4-1,292
35,498
22.380
16,296
Jan. 1 to Oot 31. ..
389,254
307.084
191.'52
114.147
July 1 to Oot 31......
171,851
131,514
77.902
46,660
Bt.Douls A4ao Pr.b.Oot.
711,206
844,551
337,117
320,204
Jan. 1 to Oot. 31. ... 5.714.722 5.325 46 i 3.267.6 S3 2,227,039
July 1 to Oot. 31. ... 2,438,002 2,453.464 1,021,959 1,129,519
dan Atit.A Aran.F.b.Oot.
257,292
176,800
118,214
61,710
July 1 to Oct, 31......
855,118
357,247
26!,930
752,468
Sioux o tty A North-Sept33,795
20,166
37,172
17,(17
Jan. i to Sept. 3 9 ....
187,901
179,413
34,470
20 490
iJnion Pae. By a ......Oot. 2,089,080 1,801.792 1,045,1.14
737.302
Jan. 1 to Oot. 31. ...14,532.844 13',<44.614 6,354.h95 4.307.878
July 1 to Oot, 31. ... 6,462,320 6,595.783 3.210.7 37 2,108.782
WabaBh.b......... .......Oot. 1,3 13.135 1,305,010
393,943
48 3,798
tan 1 to Oot. 34...... 11.34 4,261 10,04 1,0)9 3,062,6 14 3,311,329
July 1 to Oot. 31. ... 4.964,278 4,69s,331 1,403,3 -4 1,864,444
W. Jersey A Keas'e.b.Oot.
201,830
174.112
20,216
35.438
Jan. 1 to Oot 31 ... 2.349,520 2,23 3.90 3
614.302
678.4 »8
W est.N.Y.A P-tiri,i. .OOt,
298,939
3 4 1,750
104,069
140,598
Jan. 1 io Oet, 3 1 ___ 2,5 44,9 40 2, >43,883
712,313
8 (0,988
July 1 to Oct. 31...... 1,145,835 1,200,230
346,905
524,340 -

a Net earnings here given aro after deducting taxon,
b Net-earnings hare given are before deducting taxes.

December 3.1898, |

THE

•

C H R O N IC L E .

* A ft e r de d u c tin g “ re s e rv e l a n d f o r r e p a ir s o f ste am e rs” b a la n c e In
O ctober, 189
w a s $ 1 4 6 ,3 5 7 , a g a in st $34,155, a n d fro m M a y 1 to O c t­
o b e r 31 $743,943, a g a in st $303,119. T h e re s e rv e fu n d fo r d e p r e d ­
ation an d g e n e ra l aDd e x t r a o r d ia a r y re p a irs o f steam ers h as been
inc re ased to the stan d ard o f the E n g lis h com pan ies, £ e „ fiv e p e r cent
upon the va lu e of the steam ers.
t F or Oct.. 1898, ta x e s an d re n t a ls am ou nted to $138,536, again st
$142,979, an d fio m J u ly 1 to O ct. 31, $563,133, a g a in st $565,600,
a fte r d e d u ctin g w h ich n et fo r O ct., 1898, w a s $1,377,029, against
$1,145,148. From lu lv 1 to O ct. 3 1 ,1 8 9 8 . net a ft e r d e d u c tin g ta x e s
a n d ren tals, is $2,968,849, a g ain st $3,173,746.

Interest Charges and Surplus.—The following roads, u
addition to their gross and net earnings given in the fore­
going, also report charges for interest, &o., with the surplm
or deficit above or below those charges
.----- l n t . , R e n ta ls , <tc.
— B a l. o f N e t
1898.
1897.
1898.
R oads.
$
$
*
C b lo .B m -l.& Q u in c y ..O o t.
870,000
870,429 1,360,119
J u ly 1 to Oct. 3 1 ....... 3,510,000 3,481,716 3,090,053
K a n s a s C ity G a s M a y l to Oct. 3 1 .......
93,750
............
34,710
P h ila d e lp h ia & R e a d i n g A l l com p a n ies.......O ct.
758,000
766,057
406,865
J u ly 1 to Oot. 31. . . . 3,032,000 3,064,229
906.113
B io G ra n d e Soar,bn. Oot.
J u ly l to O ct 3 1 .......

17,924
71,694

14,140
56,560

4.456
6,203

E a r n ’g t,
1897
$
1.161,167
3 ,3 .7 ,6 4 0

week, but once a month (on the third or the fourth Saturday)
we bring together all the roads furnishing returns, and the
latest statement of this kind will be found in the C hronicle
of November 19, 1898. The next will appear in the issue of
December 24, 1898.
.—
R oa ds.
L i m a R y . (O h io )____ O otJ a n . 1 to Oct. 3 1 _____
P aterson Rail w a y . . . O c t.
Jan. 1 to Oct. 3 1 ----- Sohuyl. V a l. T r a c — O ct.
Jan . 1 to Oot. 3 1 .......

G ross E a r n in g s .—
1898.
1897.
*
$
3,720
2,830
35,147
30,719
32,558
30.803
314,06 L
238,535
5,251
5,185
54,229
50,490

N e t E a r n in g s .
,
1898
1897.
$
$
1.561
870
13,513
1 1 ,3 9 7
13,876
12,693
138,767
128,037*
1.285
16,223

Interest Charges and Surplus.—The following S treet
railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &o., with the
surplus or deficit above or below those oharges.
l n t . , r e n ta ls t etc.—
18§8.
1897.

............
601,613
1,430,805

1157

R oa ds.
P aterson R a ilw a y ....O c t .
Jan . 1 to Oct. 3 1 . . — ,

9*125
90,125

9,000
90,324

— Ra£. o f N e t E a r n ’s
1898.
1897.
4/751
48,642

*3 .6 9 3
37,713

2,156
def.9,894

STREET R A ILW A Y S AN D TRACTION COMPANIES.
A N N U A L REPORTS.
The following table shows the gross earnings tor the latest
4
,unual
Reports.—
The following is an index to all annua
period of all street railways from which we are able to ob­
tain weekly or monthly returns. The arrangement of the reports of steam railroads, street railways and miscellaneous
table is the same as that for the steam roads— that is, the 00 upanies which have been published since the last editions
tirst two columns of figures give the gross earnings for the of the I nvestors’ and Street R ailw ay S upplements.
This index does n o t include reports in to-day’s C hronicle.
latest week or month, and the last two columns the earnings
R a i l r o a d A M is. C o ’s — (O o n .)
for the calendar year from January 1 to and including such
R a i l r o a d a n d M i s c e l . C o ’s
V o lu m e 6 7—
Page.
V olu m e 67—
P a g e.
latest week or month.
Akron X Chic. June. R R ............ 1 1 0 6 N. Y . Susqu. & W e s t ..................... 8 9 7
STREET

jGBOSSi
E a r n in g s .

R A IL W A Y S

AND

T R A C T IO N

L a test G ross E a r n in g s .
Week, o r M o

1898.

1897.

C O M P A N IE S .

J a n . 1 to L a te s t D a i
1898.

1897

Alabam a X Vicksburg R y........... 9-50
American Cotton O il.... i 0 5 3 , 1 0 0 4
American Soda Koumain.......... 1
American Tobacco 0 m onths).. .1 0 0 1
American Type Founders............. 95*2
Anaconda Copper..........................9 5 3
B a b . .v Omo RR.............1 0 5 2 . 1 0 5 7
Buffalo & Susquehanna............
953
Central OhloR R........................11 OH
Chic. Burlington & Q u i n c y . - S 5 1
Chic. Terra. T r a n s f e r s «9 . * 9 7 , 9 0 3
Cincln, N. O. a Texas P ac ...9 4 8 . 9 5 0
Cl*-ve. Lor. X W h e e l..................... 8 0 S
Detroit & Mackinac .................. 1 0 0 0
Elgin Jol. X East........................... 9 4 7
Evans, a Terre H a u te .......... ........8 9 8
Georgia Southern A Florida...... .9 4 8
Hammond (G. H.) Co., Limited
(16 m o n th *).l 1 0 *
Ind. Dec A W estern..................... 8 3 9
Ind. 111. X Iow a.............................9 4 9
Kansas City Pitts. %G u lf.9 9 9 . 1 0 0 5
Kansas City Suburban B e ltR R .. l 105
Manhuttan Ry
....................... 9 9 9
do
boLshret S<!Dt.30/98.1 «»5 3
Mergenthaler Linotype ............ 1 0 0 0
Michigan Penin. Car....................9 5 3
New England .............................. 8 9 7
New. Somerset 8traitsville R R .1 1 OH
New Orleans X N. E .................... 9 5 0
New York N. H. X H a rtford ....... 9 4 1#

Norfolk & Southern .................... 9 5 0
^gdensburg & Lake Cham plain...9 5 1
Pacific Coast .............................. 9 *9
Phil. Read. & N. E ....................... 9 5 1
Pitrs. Cleve. & I'ol.-RR.............. 1 1 0 7
Pitts. Painesv. X Fairport R R ...1 1 0 7
Pittsburg X Western ................ 1 0 5 2
Portlaud X Rum/. Falls .. ........9 5 1
Pullman s Palace Car..........7 S 7 , 8 4 0
Rutland RR ................................. 9 5 2
St. Jo. X Grand Islan d..................9 4 7
Sand. M ansf. X New ................. 1 1 0 7
Seaboard x Roanoke................. 9 4 8
So. Car. & G h.................... 8 9 9 , llO t #
South. Pac. Co................ 8 * 9 . . , 8 4 4
South. Pac. KK. of Cal .1 0 5 2 . 1 0 6 2 Standard Rope X T w iue...............8 4 0
T exas Central...........
949
Toledo Peo. X W e s t .................... 9 4 a
Trow Directory Print. X Bookb. 9 50
United States Oil
........... 1 0 0 0
Vicksburg 8hreveport & Pacific..95H
W^Bt. N.Y, X Penn.............. 8 3 9 , 8 5 3
W est Va. X Pitts........................... 9 4 S
Western Union Telegraph .......... 8 3 ®
Wisconsin Central.........................9 4 7

I
$
$
i
9
A k ro n B e d f’d A Clev. O c to b e r ...
10,521 10,080
87.452
82,509
473.85
436.223
A lb a n y R a ilw a y ........ S ep tem b’r. 56,555 53,956
40.319
4.307
36.584
A m ste rd a m St. R y .. S ep te m b ’r.
4,363
8.568
A t la n t a R a ilw a y . . . Sep tem b’r
75,018
8.346
67,652
B a ltim o re Con. R y.*... O o t o b e r... 202,969 195.205 1,983,500 1,952 305
71,292
B a y Cities C o n s o l... O c to b e r ...
7.057
6,590
67,811
12,596 11.872; 1 3 5 .0 -6
B in gh a m ton St. R y.. O c t o b e r ...
125,395
299,979
B r id g e p o r t Traction jO o t o b e r ...
29,677 27,226
268,050
B rockton Con. St. Ry. S ep te m b ’r. 32.030 34,394
259,718 ' 256,421
B ro o k ly n E le v a t e d .. A u g u s t .. .. 144,940 122,180 1,036,708 1,104,981
B r ’k lyn R a p .T r . C o . B ro o k ly n H eigh ts >
493,799 4,870,496
B ’k lyn Q ’ns <k 8 ub. 5 N o vem b e r. 416 501 417,818
C h arleston City R y . O c t o b e r ...
15.129 14.277
145,595
Cin. A M iam i V a l..
12,951
8,2 (7
O c to b e r ...
5,470
52,410
46,531
iritis ns’ (M u n o le In d .) S ep te m b ’r
5,493
19,657
19,590
C ity Elec. (R om e .G a .) O c to b e r ...
2,124
1.755
St r e e t R a i l w a y s .
C le v ela n d E le c t ric ... 1Septem b’r. 146,031 140,510! 1, 264,887 1,204,220
V o lu m e s 6 7 —
Page.
Gleve. P a in s v A E .
9,w77
8,361 j
89,381
O c to b e r ...
73,077
Boston Elevated R y................... 1 1 0 7
60,617 50.131
C o lu m bu s 8 t R v. (O .) O c t o b e r ...
505,254
568,982
C on sol. T ract. (P itta.) S ep te m b ’r. 189,354 163,373
Central Pacific Railroad.
D a y to n & W e s t T rac. [J u ly ..........
6,364
D e n v e r Con. T r a m w .. (O c t o b e r... 74,528 73,874
601,335
625,658
C R e p o rt f o r y e i r e n d in g J u n e SO, 1898,J
D etro it C ltl’n s'S t.R y 3 w k s N o v . 70,041
975,294
63,035 1,057.0 L7
Abstracts of the annual report, including the President’s re*
326,594
D etro it Elec. R y ....... O c t o b e r ... 34.800 31,723! 326,716
16.289 15.7881 170,600
D nlnth 8 t. R y ........... O c to b e r ...
159,001 marks and the balancesheet and income account, will be found
E rie E lec. M o to r........ O c to b er ..
117,502 on page 1163. The report permits the following comparison:
11,076 10,661
120,899
F t. W a y n e A B elle
EARNINOS AND EXPENSES.
Is la n d (D e t r o i t ) ... . O c t o b e r ...
16,261 16,106
144,331
152,258
H a r ris b u rg T ractio n . O c t o b e r ... 36,507 18.830
Y e a r e n d . J u n e 3 0 .-. — Y e a r en d . D ec. 31.—.
253,011
189,527
H e rk im e r M o h a w k I]
1898.
1897.
1896.
1895.
Ion x F ’h fnrt El. Ry. O c to b e r ...
E
a
r
n
i
n
g
s
—
$
$
$
$
3,561
33,852
32,797
3,050
H ou ston E lec . St. R y. S ep te m b ’r. 18,814 16,433
140,006 P a s se n g e rs*...................... 5,482,772 4 ,7 66 ,8 37 4,793,912 4,813,998
146,60
In te rstate Consol, of
F re ig h t ............................
9, 43,038 7,422,139 7,193,855 7,724,197
N o rth A t t le b o r o ... O c t o b e r ... 12,914 10,957
M isc e lla n e o u s..................
540,539
450,735
4 6 6 ,1 8 3
425,132
K ingston C ity R y ___ O c t o b e r ...
59,402
45,587
5,148
4,446
Leh igh T r a c t io n ....... O c t o b e r ...
8,319
T o t a l........................... 15,766,349 12,639,711 12,453,952 12,963,327
80,207
91,465
9,057
L im a R a i’ w a v (O h io) O o t o b e r ...
3,720
E xp enses—
2 ,8 (0
35,147
3 0 ,7 .9
L o n d on S t R y .(O a n .) 8 e p te m b ’r. 15,441 14,041
M a in ten an ce o f w a y , etc.
1,676,313 1,404,503 1,476,658 1,623,258
L o w e ll L a w . A H a v .. S ep tem b’r. 44,527 45,071
1.755,342 1,435,346 1.336,864 1,3 19,478
340,107 M a in te n a n c e o f e q u ip . . .
355,426
M e tro p .(K a n sa s City) 3d w k Oct. 37.129 36,993 1,655,442 1,495,773 T r a n s p o rta tio n ................ 5 ,3 9 3 ,9 5 4
4 41 ,005 4,030,259 4,293.777
M etro. W . Side (Chlo.) -O c t o b e r ... 119,851 79,528 1,006,4 49
G e n e r a l.............................
396,061
399,045
915,180
889,071
M o n trea l Street R y .. O c to b e r ... 133,620 116,293 1,253,124 1,136,898
M u sc a tin e St. R y ___ 'O c t o b e r ...
44,283
4 7 ,(6 2
5,883
T o t a l............................ 9,221,670 7,64 ,899 7,758,961 8,145,584
4,712
N a ss a u Elec. ( B ’klyn) O c to b e r ... 180,041 151,221 1,854,905 1,624,454 N e t e a rn in g s .................... 6,544,679 4,990,812 4,69 4,991 4 ,8 17 ,7 53
N e w b u r g 8 t. R y ........ O c to b e r ...
71,351
7,007
6.376
73,837
P. o. o p er.e x p .to e a rn 'g s.
5S*49
60-52
62-30
62-84
N e w London 8 t. R y. O o t o b e r ...
47,012
3,628
49,530
3,443
N e w O rle a n s T ra c tlo r O c t o b e r ... 99,519 83,889 1,098,013 1,040,285
* In c lu d in g m a ll a n d e x p r e s s .— V . 67, p. 1108.
N o rfo lk St. R y .......... O c to b er
124,030
, 1 5 ,'4 0
12,882
148,273
North CThlc. St. R y ... N o vem ber. 236,037 231,261 2,674,732 2,573,569
Baltimore & Ohio Southwestern Railway. *
North 8 h ore Traction S ep tem b’r. 150,388 144,173 1,153,764 1,114,017
O g d e D sb n rg St. R y .. O c to b e r ...
16,457
1,898
1,658
17,096
(E a r n in g s f o r y e a r e n d in g J u n e 30, 1898. J
Paterson R y ............. O o t o b e r... 32,558 30,808
288,535
314,061
The annual report has not come to hand, and will there­
R ich m on d T ractio n . O o t o b e r...
112,995
13,573 12,115
124,00”
R o i b ’h C h .H .A N o r ’r O c t o b e r ...
74,9 14 fore he printed in the Chronicle at a later date.
9,527
6.673
94,526
In the
S ch u ylk ill V a l. T rac O c t o b e r ...
50,490
5,251
5,185
54,229
meantime we give the results for four years past as follows:
8 erant«m A < a rbo n d ’e O c t o b e r ...
3,052
29,534
3,526
1897-8.
1896-7.
1895-6.
1894-5.
8 cranton A P itts ton O c to b e r ...
5,804
6,123
51,503
$
$
$
Scranton R a ilw a y ___ O c to b e r ... 33,261 32,407
296,208
314,284
G ro ss e a rn in g s ............... 6,<>0 4 ,3 1 7
6,139,999
6,458,395
6,923,036
Byranne* R*r* T r. R y S eptem b'r. 3 «,6 8 3 37,469
317,319
335,934
O p e ra tin g e x p e n se s...... 4,916,805
4,257,304
4,288,325
4,017.105
T o led o T ra c tio n ........ O o t o b e r ... 80,774 73,00T o ron to Ry
O c t o b e r ... 99,650 86,404
N e t e a rn in g s ............ 1,987,511
1,882,695
2,170,070
2,305,931
T w in City R ap. T ra n . O c t o b e r ... 186,860 169,321 1,783,305 1,650,704
O th er in c o m e ..................
2,250
2,250
9,5v)8
2,250
Un ion (N . B e d fo r d ). S ep tem b’r. 19,9 * 20,114
166,70
149 029
U n ited T ract. (P itts.) O c t o b e r ... 152,832 124,245 1,2-9,481
T o ta l n e t .................... 1,989,761
1,884,945
2,179,668 2,308,181
Un ited T ract. (P rov.> O c t o b e r .. 153.24 5 144,*27 1,491,417 1,440.517
Deduct—
U j i t . Trac. 1 R ead in g) O c t o b e r ...
173,107
16,32
14,841
167.018
In te re st on b o n rls........... 1,691,111
1,791,937
1,780,648 1,761,486
W akefield A S ton e... O c to b e r .. .
47,14
4,699
4,937
49,435
R e n ta l* o f t e r m in a ls ....
6 0 ,0 0 0
6 0 ,0 0 0
60,000
60,000
W a te rb o ry Traction. O c t o b e r ... 23,835 22.409
2 (1 ,8 9 9
230,627
T a x e s, assess., e t c ........... 338,223
302,355
275,131
274,639
West C h icago 8 t. Ry W k N o v.2 7 72,810 70, (65
W h e e lin g R a ilw a y .. O c t o b e r ...
17,902 15,159
155 8 8 s
137,930
T o t a l........................... 2,089 334
2,154,292
2,115, 79
2,096,125
w ilk e s b .A W y Valley A u g u s t ___
46.15
325,429
315,604
43.409
B a la n c e ........................... def.99,573 def.269,347 sur.63,889 sur.21 2 ,0 56
In a lu d e s B a ltim ore T ractio n a n d O ity & S u b u rb a n fo r b oth years.

Street Knllwaj Net. Earnings.—1
The following table givet
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street rail
ways, we adopt the same plan as that for the steam roads—
that is, we print each week all the returns received that

Tnisdeficit is explained by the fact that a strike in the Ohio
coal fields, which extended from about March 1 to the first
week in May, entailed a great loss of revenues to the com­
pany and caused an increase in the price of coal used for fuel
on the line. Also, during the month of Mirch. 1898, a severe
flood occurred in the States of Ohio and Indiana, which was

I'HK

1158

, lirr. ,t*Uu*fT *afi QSniDlti *od cimfctd n 4 1 f«t 1©* by r®a*on
of tin
to lb - line of *77 0*00, and business m u interr-j.-tci for four or live days, causing a farther indirect loss.
Ttx rr hi* !>-.u charged to operating «xp**nse« this year
si .'1 , 0 <o on accmiot of loss and damage bv floods and for the
proportion Of the damage of the floods of 1S87.— V.87,p. 110b.
Alabama Groat Southern RR.
Fvr thf year ending June 30, 1898.J
f a m i n g >. I.'fc.—The earnings, balance sheet, etc., of the
1894 5.
1895 6.
180^7.
«
8
6
335.615
373,036
333.444
1,032,769
1,016,95 1 1,057.571
160,022
202,983
255.247

1897-8,
9
329,615
rrvUfet . . . . . vj.A ............ 1,137.137
275.181
TalAl ................... .*..1.741,933
c»f way, Site.. 2 7 0 , 8
.MaiisaSr-aaiH-T* ot ri-iuipm*L 254*H‘U
. .. .. . F - . 66, 04^
78.978
I k W .............................

1,605,543

1,014,093

1,528, t07

407.243
210,955
224,044
K i.S U
76,007

505,754
260,547
23 <,081
01,091
72.140

498.587
215,159
187,013
57,447
70,400

1,182.904 1,103,012 1,133,212 1,028,606
499,809
500,861
502.501
, 559.029
5,011
576
5.511
7,330
A id latvntal roi’ v lv w l--Tutol...... .................. ., 566.398

503.014

506.792

M
i ȣi xi h __________
p iriilea h on p n t ftharw

282.882
17,5-7
190.571

230.134
17,961
190.571

265.435
17.010
190.571

T o u 4 ..................... . .
SatfXas,. . . . . . . . . . . . . . . . . . .

491,020
75.363

188,660
19.343

473,024
36,769

20,035
24,078
182,702
60, *351
258 832
1,585
904
10S.355
126.000
17,245
86,178
35,451

Agt*- ssid w n d a e t o n .
II# atilt m&ec* ttt tran sit
O m Sx . ............. ....... . . .
ouw-xT n t t t m M ...........

A frr-.jtr# o ! dlv. s n ip ..

..

tti^OD Ofltw,.,....... .
RttM^rre fo r Ixfttcr'iii.-,
r ie * t r t t fo r re n e w a l*.
d t p t i t a ’o t
la d lr ld * !* A cotnpan’ft
3 U *ee U *n o o o * ftcc'&t*

Pref. shares ontatamVg 3. 380,3 0
Firsr mortgage bonds
1, 75**,000
D e b e n tu re s....................
670.000
O e n .m ort bon ds ou ts'g 2, 556,360
l n ter1st ace rued n ot due
25,304
211,820
Reserve funds.............
C e rt.fo r a rre a rs o f d lv .
In t. at ren ta l d u e J lily 1
V ou ch ers and accounts.
M isc e lla n e o u s...............

Pro 11tarn! loss.............

T o t a l................$17,245,392
—V. 65, p. 1173-

1897-98. 1898-97.
<12 m os ) (12 mos.)
L g t n s ' d 5 t JS ? *? !?
t ir o s * e a r n i n g s .......... ........................
O r e s * e x p e n s e s .......... ........................... )
'
i 135,221

1895-96.
(13 mos.)
$520,171
164,142

L e a v in g a b a la n c e o f ........................... $287,729 $292,094
D iv id e n d s on th e p r e fe r r e d stock (fo u r
o f 2 p e r cent each ) a g g r e g a t e ............... 280,000
280,000

$ 35 6,030
280,000

$76,03
B a la n c e ...................................................
$7,729
$12 ,0 94
QUICK ASSETS AND LIABILITIES AS OF AUGUST 31.
1890.
A s s e ts 1898.
189 7.
C a s h ............................................................... $247,257 $350,441 $352,459
100.000
Call loans................. .......................... 100,000 loo.ouo
122,168
B i lls a n d acco un ts re c e iv a b le ............... 13 5,050
168,340
3,302
U n c o lle c te d In terest and a d v a n c e s ........
35,184
2,758
D u o from b ra n o b e s f o r m e rc h a n d ise . . . 143,598
............
T o t a l.......................................................$661,089
L i a b i li t ie s —
D u e fo r t a x e s ..............................................
$5,493
A o o o u n ts p a y a b l e ..... ............... . . . . ______
55,480

$621,539
$6,135
65,833

$577,929
$5,000
66,116

T o t a l....................................................... $60,973

$72,018

$71,116

E x c e s s o f qu ic k assets o v e r Uabtltties..$8 0 0,11 5
- V . 67, p. 1065.

$549,520

$506,813

Iron Steamboat Company.
( R e p o r t f o r the y e a r e n d in g O ct. 81, 1 8 9 8 .)

The financial statement of 0 it. 31 shows: Cash on hand,
$10,960; sinking fund. 118 first mortgage bonds at par,
500,378 $56,500; capital stock Long Branch Pier Co. at 50 per cent,
259,742 $3,000; amounts due company on open accounts $1,487; Osca18,630 wana Island, cost, $19,000: total cash assets, $ '0,933; less
amounts due by company, $28,008; balance, $62,927.
The receipts and disbursements for the years ending Oct.
278,572
221,806 31 in 1898, 1897, 1896 and 1892 were :

i; s h e e t JtFSB 30, 1898.
L ia b ilit ie s .
O rd in a ry sh ares .......... $7, 830.000

A a ti* .
14,952.751
C o 4 o f p r o p e r t y ___
.........
1,249,534
110,085
H j i l « r i s l o a b o n d ___ _

[V ol. LX VII.

C H R O N IC L E .

258,833
61,274
77,998
71,344
352,107

T o t a l...................... $17,245,392

T ic k e t s a le s .................... .138,657
C h a r te r s ......................... . 37,265
3,567
R e n t a ls ........................... .
11,050
P r iv ile g e s ........ .............
M isc e lla n e o u s...............
107

1897.
$
176,693
35,062
16,760
14,200
1,079

1896.
$
179,119
33,683
28,700
13,175
1,158

1892.
$
222,802
52,787
27,456
17,525
204

T o t a l......................... .190,646

243,794

255,834

320 ,7 74

4 7 ,6 8 *
27,689
17,477
28.043
3,055
79,859

52,052
50 806
29,618
28,204
2.357
82,709

51,816
•19,4 05
30,085
27,954
2,531
97,057

64,707
50,1 tO
55,635
27,945
10,702
128,700

T o t a l . . . . ................. .,.203,812
D e fic it....................... . 13,166
—Y . 65, p . 1021.

245,748
1,954

258,850
2,985

337,832

1898.

Receipts—

$

Dish ursem ents—
P a y -r o lls ......................... .
R e n t a l s . . . . . . ................. .
T e rm in a l c h a r g e s ........ .
I n t e r e s t .......................... .
L o ss a n d d a m a g e ....... .
O per, e x p . a n d m isoel. .

17,057

Pittsburg Junction Railroad
J m e SO, 1898,J
T h e r e p o r t p e rm it* th e fo llo w in g c om p a riso n :
XABMS.i*. K-VPKXrKS AND CHARGES.
B a rrin g * —
1896-7.
1897-8.
1895 0.
................................ . ___ $386,734
$318,007
$306,892
n ^ r * . . . . . . . . . . . . . ......
4,768
3,667
5,233
900
M ali...................... .......... . ......
1.095
1,095

GENERAL

IN V E ST M E N T

NEWS.

T o ta l. . . . . . . . . . . . . . . . . . . . . ......0392,402
gxfaPitSA** ....................... .
. .. .. 181,691

$352,769
113,778

............ .
......*207.711
jMdturl —
itnUirAti iiq bon*J* ............. ...... 0101,400
Mid-r-elL la*. *n*l dlM O fm t.. ......
4,806
Tmtiwi....................... ....... .... ......
19,693

$203,991

Reorganizations, Etc.—Latest D a t a as to D e fa u lts , R e a r a a n iz a tio n P la n s , P a y m e n t o f O v e rd u e C o u p o n s , E t c . —A l l
facts of this nature appearing sin ce the publication of the las t
issues of the I n v e s t o r s ’ and the S t r e e t R a i l w a y S u p p l e ­
$373,220 m e n t s may he readily fonnd by means of the following index ,
170,682 This index does n o t include matter in to-day’s C h r o n i c l e ,
Full-face figures indicate Volume 67.

$L01,400
6.166
19,258

$101,143
4,566
18,772

T o ta l.............. .
Surp'm* tot dividends

$126,824
$82,107

- $124,181
$78,057

...... *125,499
...... 081,812

$202,538

‘ Dtvidonda on preferred stock in all the years, 7 p. o,; on common in
4* m , 3% p. c ; in 1897. 3 p. tv, In 1898, 3 p, c.
llAt-ANGj sinter jtn tt 30rn, 1808.
( -

Aw it,
. . . . . . . . . . $ - 3 , , 4 H,iH(i

l;-(.*ipm »nt....... „.........
M ai.fhu* on h a n d ......
Macs at 1’ 4 «» J.Ter.Co

1*551... J Ter,, Co. lady.).
Car E*)iiip, Xtraat,

A««nt. ...................

T a t.a , I* t., Ac . . . . . .
a -i.dry I V . aiii.1 ItjtUv.

Mijc*.i|aucoa. ........
C'a.ii'!!,. i . Cone Aoet.
To
— V,

7, p. 1056.

I

Liabilities.

Stock—Common ......... $1,460,000
88,052 Slock -P rrfcrreil........
480,000
4,790 Hr*t More Bonds....... 1,440,000
200.000 Second Mart. Bonds....
300,ono
22,957 Leasts W arrant*..........
632,000

048,750
12,524

8 1•<•<•! at E(|. A c t , II A O .

J u u . Artj

Art.* B . At O .

16,750
47,912

6,805 hill* Payable...............
80,000
2.921 C o up on s A c c r u e d 52, *30

7,295 M isc e llan e o u s .............
87,820 Profit aati L oad... . . . . . .

,$4,630,867

T o ta l...

59,755

(32,020

....... $1,630,867

TVoisbarh Commercial Co,
( R e p o r t f o r y e a r e n d in g A u g . 31, 1898, J

The circular i**ned by President Thomas Dolan under date
of 'S o x . 17, fttmtahe* the Agar*** ehown below for the Late fig
cal year and says;
' Aft»r jaylog dividend* of 8 per cent on the preferred
:
< them remained undivided profits for the year ot $7,720,
which, added to balance carried forward from previous years,
maksa the mjdlvid«d profit account Aug. 31, 1888, $33,5190,
At the director*' meeting, held today, a dividend of 1 per
"‘ "I w «» declared, payable December 10, 1898, for which
7ft**, k* ml! bv mailed. Your director* have deemed it prn
dent to rob. ,, the quarterly dividend to one per cent until
u -- fir a\ te *n lu of peadtag patent litigation are known. ar.fi
'd o - of the recent r<-dnction in the selling price of lights
ori! mantel* ha* been fully ascertained. Since the reduction
ic »• '.itr.ic price th* sabs have very largely increased.”
The report* for the last two fiscal years in comparison with
fip.r** f or ttie th irte e n months ending Aug. 81,1896, make
toe following exhibit:

R a i l r o a d s & M is. C o .’s.
V o lu m e s 66 a n d 67—
Page.
Halt.A O hio.. .plait.1235, 9 5 4 , 1 0 5 4
do
do ---- Central Ohio pian ,688
B.ilt. & Ohio Soutbwest.,.projrrsj(
w ith rtorg. plan. 11 O S
Husk Tunnel B y ...n o agreement. 11 Of#
Cape Fear & Yadkin Valley...
sale Utc. 29.11 08
Central Ohio....... phm.OSS. 0 0 0 .0 5 4
Cent. P ac..bond# m atu r'd Oec. 1.1 l O'*
Cent. V t .plan.13 5 . 0 0 0 .9 5 4 * 10*14
d ie s, & Ohio Cau.o/r red fo r s ue.\ 1 OS
Chicago Ft. Mad. & Dea ‘Moines, l 0 0 2
Chic. & Ohio R iver....... sat* Urc.
30. 1 002, 1 1 0 8
Chicago & West. Michigan., .cou-

pcnw.842, lioo

Col. & Gin. M idland....... rcorg.plan.
O SS, 0 0 0 . 0 5 », 0 5 5 , l » 0 0
Col. San. Jk Hock.rroro 170, 2 2 2 , 9 0 0
do
do
new committee.S42
Denison & Northern, .oidered *>14.812
Deuv. Leadv.& G u n 'm m .p la n .H iti,
7 4 S\ told.8 42, i 1 0 9
Detroit & Ijlma Northern reorg.
notice. 1 109
Kim Ira (N . Y .) Munic Im prov’t
„
rcorv. plan. 1 1 0 0
hlyton Co.
....r to r g . com wittier.9 # *5
Fodoml steel.. . . . . . ..... corwo/’n .S 4 2
General Electric. . rttwr. on p n p d .9 0 0
Indlunn & Lake Mich.adlc Dec. 8.110.4
Kingston & Pembroke.nutet(no to
auUi .rize p ref.stock.Q O l
I.ftch. Car.& WesLJOle poetponed. 1 05 5
Idma Northern....... rcor«. notice. 1 I 0 0

Ra i l r o a d s

and

M is c . Co’s— (O o a .)

V o lu m e s 66 a n d 67—
Page.
Nat. Lin. Oil., .r a n v .9 0 2 ,0 5 0 , 1 0 5 5
Newark, Somerset & Straitsvllle.
vla n M H X , 9 5 4
Ogdenshnrg & Lake Champlain
ammded plan; reorg. Co. 1 0 5 0
Ohio Southern....................... sold.8 1 2
Phila. Read. & N ew IZng.new Co. 1 0 5 0
Pitts. June......reorg. p lan.0 8 8 . 1 0 5 0
Pitts. & W .. ..2d m ort. com. sell out.842
do
do $(50 UK)') rccVs certs. ..1 1 1 1
Rich. Nieh.lrv, & Beattyv.9 5 7 . 1 0 0 4
St. L. Glr. & Ft. Smith B jr*purch.
o ’ und crlving bonds. 1 1 11
St. L. Kans. & Southwestern..s-ai^.0 0 2
Sand. Mans. & N e w s.,...'pian,6SS,
737, 9 5 4
Sioux City & Northern coupon. 1 0 5 0
Stat. is! Rap. Tr. . .reorg. notice, t i l l
Terre IPte & Loganst>...?f>ld.902, <111
Tol. St. L. & Kan. Clty.ntfw r r c r . . l l l l
LJn. Pac, Den. & G ulf. .plan.7 <0.
7 4 8 ,0 0 5 , 9 5 7 . 1 0 0 4
do
do
. . . ____ — sotd.11 1 2
Wheel. & L. K— nIan. 1142; f o r eel. 1 2 S
Wisconsin Central...reorg. m a'ters.Q Q Z
S t r e e t .Ra i l w a y s .
V o lu m e 6 7 —
Page.
Interurban By. (Saginaw, Mich.)
plan. 111.1
New Orleans Traction..via *.6 9 0 , 7 3 0
Saginaw (Mich.) Union St. By.
ulan. 1 1 11
Union St. By. (Saginaw, Mich.)
plan. 1 1 1 1

American Thread Co . S e c u r i t i e s O ffered .— J. & W . Saligman & Co. and the National City Bank of this city and the
Sank of Montreal, at its main office and branches, and also
various institutions in Great Britain, received subscriptmnH at par on December 1st and 2d (till 4 p. m .) for
f t.000,000 5 per cent preferred stock and $4,000,000 first
mortgage 4 per cent gold bonds of this new consolida­
tion. The company was incorporated March 10, 1898, under
Dm laws of New Jersey, and is authorised to issue capital
Dock to the amount of $12,000,000, divided into five-dollar
■bares, viz.: $0.000,000 5 per.cent cumulative preferred
rhares (preferential as to capital as well as dividend, the
dividends to be paid in gold in New York or in sterling in
London at the fixed rate of 20s. 8d. per $5) and $6,000,600
nsrea of common Btoek, of which last it is expected that not
more than $3 per share will be called at present.

THE

D ecembeb 3, 1898.]

C H R O N IC L E .

The company is also authorized to issue first mortgage 4
per cent gold or sterling bonds, $6 ,000,000 in size of $1,000,
$500 and $5 0 , due Jan. 1, 1919, both principal and interest
being payable in gold m New York or in sterling in London
at the fixed rate of 20s. 8d. per $5. The bonds will be se­
cured by mortgage in favor of the Guaranty Trust Co. of
New York, as trustee, upon all the shares which have been
or may hereafter be acquired in the undertakings hereinafter
mentioned, together with all or any other property of the
company. The interest will be payable on the 1st days of
July and January in each year, the first proportionate pay­
ment to be made on the 1st day of July, 1899.
$6,0€0,000 of the common stock, $2,000,000 of the gold or
sterling preferred shares and $2,000,000 of the first mortgage
gold sterling bonds are reserved for issue to the directors
and shareholders of the vendor companies and the members
of the vendor firms and th^-ir friends and to J. & .P. Coats,
Limited, and the English Sewing Cotton Company, Limited.
P ro s p e c tu s .—The company’s prospectus says in substance :
T h is c o m p a n y h as been e sta b lis h e d p r im a r ily to u nite the u n d e r ­
m en tion ed A m e ric a n m a n u fa c tu re rs o f sp o o l, crochet, k n ittin g , m e n d ­
i n g a n d oth er cottons, in c lu d in g in som e cases the a llie d b u sin e sse s o f
cotton sp in n in g, d o u b lin g , tw istin g , d y e in g , b le a c h in g , p o lish in g ,
sp ool-m a k in g , etc. W it h this v ie w op tion s to p u rch a se the b u lk o f the
com m on stock o r the p la n ts a n d sto c k s-in -tra d e o f the u n d e r-m e n ­
tion ed com pan ies h a v e been o b ta in e d , a n d it is p ro p o se d a t on ce to
take up these option s. T h e c o m p a n ie s p ro p o se d to b e in c lu d e d a re as
f o ll o w s :
Estab’d.
tia m * and Qddrtss.
1886. Barstoff Thread Co., P ro v i­
dence, K .I. (Includ’geood-will
and trade-marks or A lex. King
A Co. In cotton thread business.)
1881.—Gla.-go Yarn Mills Co., Glasgo.
near Norwich. Conn.
1883.—Glasgo Thread Co., Worcester.
Mass.
1863.—Hadley Co., Holyoke.Mass.
1881.-K e r r Tbr’d Co.. Fall Klver, Mass.
1865.—Merrick Th'd Co., Holvoke.Mass.
1873.—National Thread Co., Mansfield,
Conn.

Estab'd.
Nam e and address.
1881.—New England Thre «<1 Co.. Paw ­
tucket. R. I. (Includ. good will
and trade-marks ot J. O. King
A Co. in cotton-tbr’d business.)
1831.—E. J.W. Morse Co.. Boston, Mass,
(lncludluu the patent rights,
machinery and good-will of
the M'*rse Machinery Co.)
1891.—Ruddy T ’d Co.. Worcester. Mass.
1865.—Warren T ’d Co.. Ashland. Mass.
1891.—W m . Clark Co.. Westerly, K. I.
1854.—W ill Iman tic Linen Co.. W illlmatitic, Conu.

T h e bu sin e ss o f the a b o v e com pan ies h as fo r a c o n sid e ra b le tim e
b e e n in ju rio u s ly affected b y e x c essiv e com petition a m o n g them selves;
a n d the c u ttin g o f rate s h a v in g , d u r in g the pa st three ye a rs, resulted
in a v e ry la r g e p o rtio n o f the tra d e b e in g done b e lo w cost o f p ro d u c t­
ion, it w a s r e a liz e d that a c o m plete con solid ation o f the v ariou s In­
terests w a s n e c e s s a r y to in su re re n e w e d prosp erity .
T h e a dv ice an d
c o -o p e ra tio n o f the E n g lis h S e w in g C o tton Co. Lim ite d h a v in g been
sou g h t r e g a r d in g c o n so lid atio n , the C h a irm a n a n d V ic e-C h a irm a n o f
th at c o m p a n y visite d th e U n ite d S ta tes a n d m a d e a c a re fu l in v e s tig a ­
tion into a ll the circum stan ces o f the case.
D u r in g th e ir stay in
A m e r ic a they e x a m in e d th e w o rk s o f a ll the differen t concerns a n d a re
o f op in ion th a t the p la n ts g e n e r a lly a re in a h igh state o f etliciency.
A t the p rin c ip a l m ills the*, fo u n d the m a c h in e ry to be o f the m ost
m od ern type; a n d the p o w e r, b u ild in g s, an d a p p lia n c e s th ro u g h o u t to
b e w e ll a d a p t e d f o r the sp ec ia l w o r k re q u ire d to be done.
A t the
sam e tim e ftlefsrs. E in e s t C re w d so n an d S. R. M a w , o f the firm o f
J o n e s, C re w d so n & Y o u a tt , A c c ou n ta n ts, invest igured in A m e ric a
the a c co u n ts o f a ll the above -m e n tion e d c o m pan ies e x c e p t one w hose
assets a re sm all, an d w h ose lia b ilitie s are n*>t b e in g taken o v e r b y tills
c om p a n y; a n d e x c e p t those o f the K e r r T h re a d Co., w h ose b a la n c e
sh eet a n d certified a b stra c t of a c co u n ts a t h is t D e ce m b e r, 1397, h a v e
b e e n a c ce p te d b y this c om p a n y.
H a v in g satisfied th em selv es as to the fa v o ra b le p ro sp e cts o f this
c o m p a n y , n o tw ith sta n d in g the fa c t t h a t the profits o f the recen t pa st
h a d been v e r j sm a ll o w in g to the e x t r a e rd in a ry cuttin g o f rates r e ­
fe rr e d to a b o v e , the d irec tors of the E n g lish S e w in g Cotton Co.
L im ite d , on b e h a lf o f th e ir com pan y, h a v e a g re e d to tak e up (a t issue
p rice o f p a r ) 7 20,» 00 sh ares o f the com m on stock o f this com pan y,
a n d to p a y a ll c a lls thereon as a n d w h en m ade, in cash, on c on dition that
the b a la n c e o f the sh a re c a p ita l a n d b o n d s be su b sc rib e d .
M essrs. J.
<fc P. C o a ts,L im ite d , h a v e intim ate d th at they w ill a p p ly fo r lOo.OOO o f
the p r e fe rre d sh a re s, an d the d irec to rs h ove reserv e d the sam e fo r a l­
lo tm en t to them . A lre a d y , w ith the a id a n d th rou g h the in stru m e n ­
tality o f the E n g lis h S e w in g C o tton Co., L im ite d , im p o rta n t re a d ­
ju stm e n ts h a v e tak en p la c e w h ich h a v e established a la r g e ly in ­
c re a se d income.
The com p a n ies a b o v e m en tion ed h a v e in n e a r ly e v e ry case loan as
w e ll a s sh a re c a p ita l, an d it is estim ated th a t the a m ou n t w h ic h this
c o m p a n y w ill be req u ire d to p a y fo r the p u rch a se o f the w h o le o f the
com m on and p r e f e n e d stocks or the abov e -m e n tion e d c o m pan ies w ill
b e #11,017,630, and th a t the a m ou n t req u ire d to p a y o f f the m ortg a g e s
a n d oth er lia bilities o f such c o m pan ies tak en o v e r b y this com pan y (a s
asce rta in e d b y M essrs. J o n e s, C re w d s o n A Y o u a tt ) w i ll be #4,118,555,
m a k in g tog eth e r a to ta l sura o f $ 1 5 , 136,185.
T h e fo llo w iu g a re the a g g r e g a t e v a lu e s o f la n d , b u ild in g s, m ach in ­
ery , p la n t a n d effects, stock -in -trade a n d b ook d e b ts o f the v a rio u s
oorn paoies a b o v e m en tion ed, as sh o w n b y their re sp e c tiv e a c co u n ts
(a fte r m a k in g such d ed uction s th erefrom a s a re in the op in ion o f the
C h a irm a n a n d V ice C h a irm a n o f the E n g lish S e w in g Cotton Co., L im ­
ited, f a ir a n d re a so n a b le ), a lso the cost o f tra d e -m a rk s, g o o d -w ill, p r o ­
m otion, etc.:
Land, batUlinzs, machinery,
plant and effects.............. $7,006,053
Stocks la - t r a d e ................. 3,447.051

Book debts........................
T o t a l..................

1,205,4 H

$11,654,628

Cost o f trade-marks, patent
rights, go mU will payable
to the different companies
and promotion, complet­
ing purchases, and form a­
tion expenses will b e ___ $3,477,657
Making together the beI fore mentioned amount o f.$15,136,185

On this ba sis the c a p ita liz atio n o f $13,000,000 w ill be sufficient fo r
the p u rch ase o f all the sh a re s o f com m on an d p r e fe rre d stocks or
p la n ts an d stocks-in tra d e a n d for the p a y m e n t o f a ll the m o rtg a g e s
a n d lia b ilities o f the a b o v e m en tion ed com pan ies, as a sc e rta in e d as
a fo re sa id , an d a fte r p r o v id in g a m p le w o r k in g c a p ita l them w ill r e ­
m ain a su rp lu s of a t le a *t $2,400,000 a v a ila b le as u n c a lle d c a p ita l
in reserve . T h re e o f the d irec tors p e rm a n e n tly re s id in g in the U n ite d
States w ill be tiie e x e c u tiv e com m ittee, a n d tiie three m a n a g in g di­
rec to rs o f the E n g lish .Sewing C otton Co., L im ited, h av e b e e n a p ­
po in ted the g o v e rn in g com m ittee. W h e re p ra c tic a b le it is in te n d e d
th a t at least one p a rtn e r or one d irec to r in each o f the u n d e rta k in gs
a c q u ired b y the c o m p a n y sh a ll con tlu u e in resp o n sib le m a n ag e m e n t.
T h e in ten ded officers a re as fo llo w s :
Lyman K. Hopkins (Th e Merritt Thread Co.), President.
Alexander Kin/ The Barstow Thread Co ), Vice-President
,
T f e (l2,re :vl,,ton
The Wlllllamatle Linen Co.), Treasurer.
Offices: 243 VVash.mrtun .Street. Jersey City. IT. 8. A.; Secretary (protein) L .L .
Samuels, 7 Norfolk Street, Manchester, England. ~ V . 67. p. 1168.

1159

Dec. 1, 1923, Duo subject to c a l l ac aay interest period at itO,
They are the first and only liea upon the property, rights,
franchises, etc., of the Short LLue Co., and also on 3,575
shares, out of a total of 3,580 shares, of the Annapolis Wash­
ington & Baltimore RR. Co., which property is unincuoibered. The remaining $75,0 )0 of the authorized issue are to
be issued only if and as future requirements of the company
may demand.—V. 67, p. 1002.
Baltimore Consolidated Ry. — N ew S to c k .— Tae capital
stock is to be increased from $9,172,000 to $9,672,000, to meet
the expense incurred for the new line recently put in opera­
tion to EUicott City. Present stockholders will be allowed
to subscribe for the new issue at par in amounts proportionate
to their holdings.—Y. 66, p. 383.
B altim ore & Ohio R R .—E q u ip m e n t B ond s a ad R e ce iv e r's
C e rtifica tes C a lle d .—The follo wing receiver’s certificates and
equipment bonds are called for redemption and will oe paid
on the day named, Speyer & Co. having provided the neces­
sary cash at a nominal rate of interest pending completion
of reorganization :
■To Be P a id .
1V a t r e .
B. & O. R R . Receivers' C(r'iHcates.
When.
$5,0'-0,000 6% loan o f June J, 1896..
..Merc. Tr. Co., N. Y.
Dec. 1, 1898
932.000 5$ Maryland Const’n Co. )
< Merc. T r Co N . Y. >
Dec.
1, 1898
loan Of D€C. I. L-96----- J
< Md. Tr. Co., Balt.
>
650.000 5% Pitts. & C. Jan. 1, ’97 ........... Balt. Tr. & Gu. Co., Balt. Jan. 1, 1899

Equ'pmentb >nds—

$3,400,000 B.&O.Equlp.Co.6£ June 35.’90

Jan. 1,1899

Leased. L in e S e c u ritie s .— The Columbus & Cincinnati Mid­

land bi nda and Central Ohio stock are to be purchased by the
Baltimore & Ohio Reorganization Committee and deposited
under the plan as stated under the caption of those com­
panies respectively.
D e fa u lt .—The semi-annual interest due Dec. 1 upon the
$4,500,000 Schuykill River East Side fivjs was not paid. The
loan is guaranteed bv the Baltimore <fc Ohio RR. and covers
the connecting link of the Baltimore & Ohio and the Philadel­
phia & Reading lines in Philadelphia. The default is said to
be simply technical, as under the B. & O. plan this is one of
the issues which was to be dealt with separately. It is
hoped that a speedy adjustment may be made which will
yield the security holders as much for their bomds as they
have heretofore sold for.— V. 67, p. 1108, 1109.
Baltim ore & Ohio Southwestern Ry.— R e o r g a n iz a t io n .—
At the recent annual meeting the following facts were made
public regarding the financial plans of the company:
“ The progress of the reorganization of the Baltimore Ss
Ohio RR. presents an opportunity for this company to de­
termine its future relations with that reorganized company
and to procure through the guaranty of its securities, etc.,
ample capital to complete the improvements proposed and
place the property in a position where it can be successfully
operated. Negotiations are now under way by the President
and board of directors with the reorganization managers of
the Baltimore & Ohio RR. Company. In order to meet
present rate conditions the company should increase its
motive power by securing a large number of heavier loco­
motives, at least 3,000 cars and expend at least $1,500,000 in
the reduction of its grades, increase its sidings and remove
the lighter rail from the line and replace it with heavier rail.
It is estimated that the expenditure of at least $5,510,000 will
be required to secure all tne desired improvements and the
property will then be in a condition to meet prevailing low
rates and secure profitable operation.”— V. 67, p. 1108.
Bangor & Aroostook RR.—S a le o f R e fu n d in g B on d s .—
This company has sold to Messrs. Brown Bros. & Co. aacl
Lee Higginson & Co. $1,500,000 of 5 per cent bonds. A por­
tion of the proceeds will be used to take up $609,000 six per
cent bonds and $335,000 sevens of its leased line, the Bangor
& Piscataquis, which mature April 1, 1899; also $300,000
Greenville extension fives due April 2, 1913. The remainder
of the new issue will be used for improvements.—V. 66, p. 855.
Central Ohio RR.—Baltimore & Ohio RR.— P r o p o s it io n
E n d orsed .— The stockholders of the Central Ohio TtR. on
Tuesday voted by a large majority to accept the new terms
offered by the reorganization managers of the Baltimore &
Ohio RR,, namely the exchange of Central Ohio common
and preferred stock for preferred stock of the reorganized
Baltimore & Ohio, dollar for dollar, and a cash bonus of
$7 50 per $50 share. Stockholders have until Dec. 5 to accept
the proposition and to deposit their holdings with the Mary­
land Trust Co. of Baltimore.—V. 67, p. 1106, 1108, 1109.
Chicago Burlington & Quincy RR.— B o n d s C a lle d .— Iowa
Division bonds dated Oct. 1, 1879, have been drawn by lot
for payment, viz. 53 five p. c. bonds and 176 four p. c. bonds,
all for $1,000 each. These bonds will be paid at the office
of the company, No. 704 Sears Building, Bostou, Mass., on
April 1, 1899, ac 105 per cent and accrued interest to April 1,
ls99, for 5 per cent bonds and at par and accrued interest to
April 1, 1899, for 4 per cent bonds.—V, 67, p. 839, 842, 851.
Colorado Midland Ry.— B on d s C a lle d .—Fifty equipment
bonds, Series B, dated Jan. 1, 1890, have been drawu for re­
demption .—V. 67, p. 1109.

Columbus & Cincinnati M idland R R .— B altim ore & Ohio
B altim ore & Annapolis Short Line R R . —B on d s S o ld .— RR. — O fficia l C ir c u la r .—An official circular announces as
The $325,000 new bonds offered at par by Alexander Brown follows the offer from the Baltimore & Ohio Reorganization
& Sons of Baltimore were subscribed five times over, These Committee of 94 flat, in cash, for certificates representing
bonds are part ot an issue of $100,000 gold 5 per cents due the deposited bonds of the Columbus & Cincinnati Midland :

THE

C H R O N IC L E .

[V ol. LXVII.

dead* on the old preferred. The dividend is payable Dec,
22d, the books being closed from Dec. >3thto 33d.— V . 67.
p. 956.
Gunpowder V alley R lt.— S o ld .— This road, extending
from H >ffman to Hoffmausville, Md., on the Western M ary­
land B R., a distance o f three miles, was purchased at fore­
closure sale on Nov. 19 by John Roney for $2,500.
International S ilver Co.— P ro s p e ctu s .— Prospectus saysT h a e o m p a tiy ia a c o rp o ra tio n o f t h e State o f N e w J e rse y , w ith a n
authorize l c a p ita l o f $ 50,00».0i)0. co n sistin g o f $£,O0J, »00 p r e fe r r e d
stuck u u d $ i,o # 1,000 cotm nou a book, a u d has atr-8 id y a c q u ir e d c o n ­
trol o f the fo llo w in g silv e r-p la tin g com pan ies: [F le re fo llo w s the list
giv e n iu the O u b o n i o l e last w eek, t » w h ich U a i d e l ^Canning, B o w ­
m
an »k Co., M e rid e n , C o o n .] T h *. ou tp u t o f these oon oern s re p re se n ts
HtJJfM of bon<li not Jklwndv lii'posiuyl under tli-> agree
-t 70 pe r c oa t o f the sU yer-plftClag m d u s try o f the o o u a try .
,,f *[.1 5 oo-nmitteo cam /or the present deposit their o vThe
a m o u n t o f p re fe rre d stock issu ed a n d to be issu ed in the a c q u ir e ­
witb ton ifanrsutee Trn»t Jfc 8afe Deposit Co. upon tbs m ent o f the oom p an ics a b o v e m en tion ed is
250.000
The oaLanee
o f the p re fe r r e d stock, con sistin g o f # L,7 5 0 ,0 JO, wilL re m a la lu the
P»vra. tit of » jK'nslty of $20 per bond.—V. 87. p. Il08, 1109.
tre a su ry, to bo de v ote d to such p u rp o se s a s the b o a rd o f d ire c to rs m a y
Colombo* (O .) Street ItR. — C a lle d B o n d * .— Twenty-one |fro m tim e to tim e determ in e. T h e a m o u n t o f com m on stock issu ed in
the p u rc h a se o f these ootn pan iei am ou n ts to $ l o , 000,000. T h e co m ­
Ar»t w or‘g*g« gold .'is of 1889 issued oy the Col a m b u s Consoli- ( pan y has p ro v id e d fo r in au th orize d issue o f {*4,500,OOO 0 per cent
datnl Street BR. have been drawn for the sinking foati, and ! tlrst m o rtg a g e bon ds, o f w h ic h o n ly $3,150,000 h a v e b e e n issued.
will b* paid a t toe Central Trust C x on or a f t e r Jan 1, 1898. T h ese bonds h a v e oeen rec e n tly so ld a t p a r to a s y n d ic a te a n d p r o ­
u sed in p u rch ase o f p ro p erties.
jwr ..nt, together with the coupon maturing Jan. 1, ceeds
T h is c om p a n y, b y the ac q u isitio n o f the a b o v e con cern s, h a s the
10M.— V , 88, p. 857.
rig h t to m a n u fa c tu re the ocLebrated b r a n d o f R o g e rs Cable W a r e , a n d
also o m tro ls th e rig h t to m a n u fa c tu re a ll in la id silv e r sp o o is a n d
Columbus Sandasky Jt Hocking K j.— R eceivers' C c r tifi- j forks, e n jo y in g tra d e -m a rk s o f e stab lish e d fa v o r, a n d h a v in g a c q u ire d
ca U *. Judge Taft in tae United Sut.o Circuit Court has : a ll o f the p o p u la r b ra n d s o f s ilv e r-p la te d w a r e n o w in use tn this
ntry. T h > c o m p a n y has also a la - g e ste rlin g s ilv e r ou tput, w hich
Mtboriled the receiver to issue $330,000 certificates to pay cou
w ill e n a b le it a lw a y s to c on trol the ste rlin g s ilv e r pro d u o t o f the lo w for etjutma«utalready purchased and for the purchase of 200 j priced m a n u fa c tu re rs, w h ic h has h e re tofore c o m p e te d w ith the sa le o f
n e w coal c a ff.
p la te d good#.
T h e object o f this com b in a tio n Is n ot to raise the price o f sta p le
OpP>%*\tum to P la n , —T h e North American Trust Co. re­
out to restore * stan la r d fixed p ric e w h ic h fo r m e r ly 3*leld ed
cently t >
John Q . Carlisle, Charles S. Hmchtnan and |articles,
u protit su ttio le n tto p ay d iv id e n d s on aLL classes o f securities, as sh ow n
Jo#r|
• ■uiv.-vi^it* the subject of reorganiza-1 b y the book s o f the v a rio u s c o n stitu e n t c o m pan ies. A. com plete e x ­
tioo. Tlu» result of their inquiries is set oat in a circular, j am in ation o f the accoun ts o f tlie in c o rp o ra tio n s a n d firm s in c lu d ed In
the n e w com pan y, e x te n d in g o v e r a p e rio d o f ten ye a rs , or fo r such
which says, in ftubetance;
le n g th o f tim e as they h a v e b een in bu sin ess, h as b e e n m a d e by the
■’ i l « mi<? o f i h r pxcw&nt ro rp o ration U o p en t o so m uch question, the | A u d it C o m p a n y o f N e w Y ork . T h e statem en t o f the resu lts sho w s t h a t
5ndcid<<rdnrM required t " he met in ensh con tain * such la rg e fo r the p a s t ten y e a rs— d u rin g a p e rio d o f m ost a c tiv e c o m p e titio n —
H em * oi«ei» to dispute-, an d tJ«? ren tals for w h ich the property is r e - the a v e r a g e n et e a rn in g s o f the c o m pan ies in the p re se n t c o m b in a tio n
h av e been m ore th an e n o u g h to p a y the in te re st u p o n th e b o n d s a n d
*r-r *o l!.-»Tv. that w « cannot a d v is e the N o rth A m erlosn
fH lfj Its e lf w ith any su bstitute plan fo r re o r g a n - 7 p e r oe u t u p o n the p re fe rre d stock issu ed , le a v in g so m e th in g for the
tii& g the cv-adpany u u tll the a c tu a l statu# o f the p ro p e rty has been com m on, to be g re a t ly a u g m e n te d b y the eoon om ies effected b y the
t « u « r 4r tla d and the rig h t* o f the g e n e ra l m o rtg a g e bonds thoroughly j c om b in atio n o f interests. T h e s a v in g s to be effected b y th e con ­
solid ation a re estim ated as h igh as $1,00 0,00 0 p e r a n n u m , the
It*
fr'atrd **4
la rg e s t b e in g in disp en sin g w ith an u n n e c e ssa ry d u p lic a tio n o f s a le s ­
Thnae ;w /»u a * who h a v e d eposited their bon ds w ith the com pany
Us^rvforc, If *o disp osed, w ith d ra w their bond#, upon naym eut m en, stores, d e sign ers, machinists,, e t c .
o ! the acrr^»i m m . C e rtain o f the depositors, h o w e v e r, h ave reA list of the officers was given last week.—Y . 67, p, 1109.
q.v<-.»trd that their bond# oil cut re m a iu w ith the com pan y, and that
. i- u '. -rnr :. a ‘ ■. r n am ed take step# fo r the protection or the bonds.
J o lie t Gas lig h t.— M o rtg a g e f a r $300,000.— Th& company
A •;ord-ti.£ljr4 if *.h< h o id e m o f not less th an A r e h un d red o f the genr : \ : ta*.T < »# e t«*nd* sh a ll sig o the p o w e r o f a tto rn ey subm itted w ithin has filed a mortgage for 8300,000 to the American Trnst &
ir u
u * the *•<-nt.,emeu a b o v e n a m ed w ill com ply w ith the request.— Savings Bank of Cnieago as trustee.
The new bauds, it is
V. t97, P- §00,**
stated, w ill be applied to the redemption of $335,000 old

llfO T^r* Rio t. ramie Ry. N o tic e to B on d h old ers .—Notice bonds and to the improvement of the plant.
!« gir.-n that on Dec. 15, Ih98, tbe privilege of converting tlia
Kodak, Lim ited — Eastman Kodak Co. — Eastman’s
firat mortgage 7» bond* into •!' .« Brut consolidated mortgage Photographic Materials, Lim ited.— S to ck o f C om >lidated
>•!. !» m S.i-retofor* offered, will cease.—V. 67, p. 788.
Company Offered.—The KodaSc, Limited, wa» recently or­
Detroit k 1,1ma Northern Ky.— R e ceive r* C e rtijie a h s — ganized under the English Csmpaniss Acts, 1833 to 1898, t o r
Tb-> rvf.irt that the receiver has applied for the authoriza­ the purpose of acquiring the business and property of the
tion of additional certificate-! ia denied. Of the $500,000 here Eastman Photographic Materials Co , Lim ited, of London,
tofore
only $300,000 have aa vet been issued.including the shares of the German Eastman Kodak (Q-ssillschaft, mit bssehrankter tlaftnng) and the Frenoh East­
V, 87, p 11'. 9.
man Kodak (Soolete Anonyme Pranoaise), and not less than
R«wt A llmlKun Itu .—Consolidated Gns of Newark.—
90 per cent of the shares of the American Eastman K o ia k
rjMinifrr.i.--- The Bssex A: Hudson Gas Co., with capital
Co., thereby bringing under a single control all the Eastman
.!-••* t,f $6.’.••••■ -. -9, filed articles of incorporation this week
Kodak companies, covering the waole world.
at Newark, S . J. The incorporators are Thomas N. McOarThe capital stock of the K oiak. Lim ited, is £1,600,009,
tar. dr. of Newark, Georgs B. Phlller and Elmer Smaliing of
1’i.iUd.dpiii*. The office* will b# at the present quarters of divided into 600,000 6 per cent cumulative preference shares
th- Newark 'i s ' Co. in Newark. The no.v company is the of £ i each with preference also as to capital, and 1,000,0 0 or­
dinary shares of .61 each. It is not intended to issn-debentures
<m » ref< rr««l to in the item touching the Consolidated Gas
<>- of Newark in our issue of Nov. 12, page 1002, and there or debenture stock, and there are no mortgages on any part
called !he Essex & Union Gas Co., which was the name at of the property. It is proposed to pay dividends on the pref­
erence shares half-yearly on January I and July 1. One third
proposed. The object of tbs company is fully stated in
lost I*.-u ffi ia! data. See also item hooded “ Newark of the issue of each class of shares was taken by the vendor
in part payment of the purchase money, and in addition
CbMoHdat.-d Gas Co.." below.—V, 07, p. 100$.
63,154 preference and 382,938 ordinary share* were applied
Federal steel.—D em a n d f o r S teel R a ils .— President E. tt for by shareholders of the British and American companies,
Gary on Monday sold:
and will be allotted in full. The remainder of the capital
kfflini0 00mtrao U la thei past two stock was offered for subscription, viz., 336,846 preference
500,000 tifin o f i»t*n d-*ird rails. shares at par and 233,743 ordinary shares at 61 5s.
►ookr.il b v the Fodural Stool Co.
P ro s p e c tu s . —The prospectus says in part :
V. Tim (
flo Coin •pany lias
Dir quit,o il .81tool CowLpaay'ti ortin f.-hlcagto k N
stern UR.,
ik M A- it, PatIII KH. *md 50,000
iffl rwMhred ot h er o td i T#, among
o f rail# j o go to Hone•lulu to bo
h raUro*a win> olgUter•n mile* of

In gen eral the *t-

ftOtQ thi
ie Lorali
9 , tb
ii a
«k

& Co. confirm the reof 20,000 shares of the
100S, 1008.
Flint t Fere Marquette Ry. B ond s S old . —Application
■* iw -11 mads to list on the New York Btock Exchange $500,* additional first consolidated mortgage 5 per cent gold
•r d* which hare been sold and their proceed* applied to
ytner.t of floating debt. The transaction Is said t o hava
the company financially in easy circamatances,—V. 67,

t’lio company will acaulce the valuable tra le-marka Kodak and Sollo, and
"Oil po»NO*s or control m anr valuable patents for Gr<mt Britain, France, tier»r,m y , Belgium and ten United .•states o f America, and o f many secret p r o i f (tn and formulas* It will bo possossodoC extouslve and completely equipped
fiunonc* uud bu»lm1** premises iu Europe and America, aud will nave the service* of the existing olgbly experienced staff. The employes In Europe and
America number about. -,000.

Price. Waterhouse & Co. have examined the hooks o f the Eastman Pbototfaphlo Matc"Ud* <a>.. Limited, and o f the Eastman Kodak Co . o f Rochester,
i
A., and find <herefrom that the profits o f the two businesses, after ohartfliui all working and ueuerat etpenses. Including direct irs* fees, depreciation o f
i-'uddliJK* and plant., and com o f exhibitions in L og Ion aud New York, out
without charging Interest on borrowed money or providing cor ine redemption
O f the rout of pm oats, were as follows: kor ilie year ending Dec. 31, 1895,
-d ua. id.; K d , £l££,<t?0IPs. ;td.; I«i7 , X, 1 8 . 7 , os. Id., and for the six
|-vu.'.n
m b ' ending .Iu c 3d, iq.'H, J£l03,4r»0 mb* 4(1., the latter being an Increase o f
t/Ljj per cent os compared with tne rorrespotullng period o f J.SM7.
is ice. VVaserhmiM- ,m C o. furnish also the following summary of assets other
than good will and patents as of Jiiue3d,| 8 | : Freehold land and buildings,
Its. ldd.; plant, machinery, tools, utensU#, leases, fixtures, fltiings and
Ltrolture,
10a. HJd.; stock in trade. ML2L,77:i ids. 6d. cash III hand and
at. banks, ±n,?.Mi h*. <id hook debts, bills and other as seta, after deducting
current trade MabiHtles. £i93.1lM 3s. Id.*; total asset#, etc., £5(U.(Jd 2#. ILd.
i - V o t e . -Hocnrltles to the value of £s8,P50 have since been realized and the
p fcc cd * f-rm pari, o f the £150,000 ca«h working capltai below mentioned.)
r«klng i)i» future promo ^ ecjual only to those of t8<#7 the revenue o f th©
c 'TOpany wld bo more than five times the sum required to pay the preference
iTidnnd. nrni alter pay np.nt of the preference dividend there will remain su fn-'-!cnt to pay 10 per cent on the ordinary shares and leave the sum o f
reserve fund, directors’ fees and : he small percentage o f American profits
' ri hicn the holders o f shares In the Amrsrican company not ac<tuired by this
r rnpany will be entitled. The ca'U on hand and ai banks on Oct. 1. 1898, exI cceded £1 f* *.000, and the vendor guarantees that the cash balances o f the com*

Henerw Kleetrlc.—Dividend,—The directors, at a meeting
1 Friday, directed the payment of a dividend of $17 50 on bnied bojlnesse# shall not be less than tbatsum on Jan. 1,1899. This amount is
» preferred stock, h i l t , with the dividend of $11 66 c •".«<der*'d more than ample working capital fo r all purposes.
ike *erTlccs o f Mr. George Eastman, the f junder o f the business and In­
v^ntly paid, represents one-half of the accumulated divi- ) ventor
of the kodak, transparent films, etc,, have been secured for a period o f

D ece m b er S, 1898.]

THE

C H R O N IC L E

five years upon advantageous terms, and the company will be entitled to the
benefit o f all tbe inventions and discoveries in connec*ion with photography
he may make during this period.
„
T
. „ „ „
Directors.—Sir James Pender, Bart., M. P,; Right Hon. Lord Kelvin, F. R, S.:
Sir G. William Des Voeux, G. C. M. G.; Sir Henry Trueman Wo<»d; Arnold
Statham. Esq.; Andrew Pringle, Esq., J. P., Cromwell House. Bexley-Heath,
Kent (Chairman Eastman Photographic Materials Co.. Limited ; Henry A.
Strong, Esq.. Rochester. N. Y. [President Eastman Kodak Co.); George East­
man, Esq.. Rochester, N. Y.; George Dickman, Esq., London (Man ring Di­
rector Eastman Photographic Materials Co., Limited); George Davison, Esq..
Condon (Deputy Managing Director). Secretary and registered office, A. H.
Reynolds, Jr.. 43 Clerkenwell Road, London, E. C.—Vol. 67, p. 529.

K nickerbocker Ice Co. o f Chicago. — First Dividend.—
The company has declared the first semi-annual dividend, 3
per cent on its preferred stock.—V . 67. p. 1110.
Lake Ontario & R iversid e Ry. o f Oswego, N. Y.—fo r e ­
closure.—Justice W righ t has entered a decree of foreclosure
under Oswego Street Ry. mortgage of $125,000.—V.65, p. 278.
L itch field C arrollton & W estern R R .— Sold.— A t the
foreclosure sale on Nov. 26 the property was purchased by
P. M. Johnson of the firm of Johnson Bros. & Faught, rail
road contractors, of St. Elmo, HI., for $85,000. Bon. Bluford
Wilson, representing Eastern capitalists, it is understood,
bid as high as $30,000. The unpaid taxes, it is said, a ggre­
gate $15,0i 0.
M utual Gas Co.— Consolidated Gas Co. o f New Y ork.—
Purchase o f Control.— It is understood that a large block of
the stock of the Mutual Gas Co., reported to be sufficient to
carry control, has been purchased by interests identified w ith
the Consolidated Gas Co., with a view to the ultimate bring­
ing all the local gas companies o f the city under a harmoni­
ous control.—V . 67, p. 578.
N ational Linseed O il—Am erican Linseed O il Co.— Re­
organization and Consolidation.—The plan for the reorgani­
zation o f the National Linseed Oil Co. and its consolidation
w ith the leading linseed oil companies of the United States
has been practically completed. The plan provides for the
organization of a new company under the laws of N ew Jer­
sey which shall create $16 750,000 of common stock and
$16,750,000 of 7 per cent cumulative preferred stock. This
new stock w ill be applied as follows:
C om m on.

To
To
To
To

P r e fe r r e d .

aoqulre plant of National Linseed OU Co. $4,500,000
acquire plants of independent ooooerns.. 3,750,000
beUsneo to sy n d lc'te fo r$0,000,000cash.
6,000.000
remain in treasury ...................................
2.500,000

$1,500,000
3,750,000
6,000,000
2,500,000

T otal .........................................................$16,750,000

$16,750,000

The $6,009,000 cash to be provided by the syndicate w ill be
applied to treasury purposes and w ill give the new company
ample working capital. The company w ill be entirely free
from bonded or floating indebtedness. The transaction has
been underwritten, but the m ill owners w ill subscribe to
about $1,500,000 of the $6,000,000, reducing by that much the
amount to be allotted to the underwriters. The underwrit­
ing syndicate made up by Poor & Greenough announced on
Friday that the stock had all been subscribed for.
Besides the plants o f the National Company, the new com­
pany w ill own :
Cleveland Lim eed on Co., Cleveland and Chicago, two Diants : VIetzger Lin­
seed Oil Co. o f Toledo; Metzger Linseed Oil Co. o f Chicago; Leonard &
Daniels Co., Plqua, Ohio; Campbell & Thayer, New Y ork; Dean Linseed OU
Co., New Y ork ; Toledo Linseed OU Co., Toledo,

The new company also has options on two other plants
and w ill control all told over 85 per cent of the linseed oil
properties of the United States.
Exchange of Stock.—The National Linseed Oil Co. w ill
receive $4,500,000 of common and $4,500,000 of preferred
stock, out of which they w ill sell sufficient to pay all debts,
and the balance w ill be divided among the stockholders,
which, as near as can now be figured, w ill give about nine
shares of preferred and nine shares of common for every 100
shares of the old stock.
Reorganization N otice —The Olcott Committee gives no­
tice that a m ajority of the shares of the stock of the National
Linseed Oil Co. has been deposited under the provisions of
the stockholders' ag eement dated Sept. 8, 1898. and that no
further deposits w ill be received after Dec. 22, 1898, except
on such terms and conditions as the committee may impose.
—V. 67, p. 1055.
Newark Consolidated Gas.— Bonds Offered.— Redmond
Kerr & Co., of N ew York, and the Fidelity Trust Co. of
Newark offer for subscription at lOPA and accrued interest
the unsold balance of $4,600,000 consolidated mortgage 5 per
cent gold bonds due Dec. 1,1948. The amount o f the issueout­
standing is $4,600,000, o f which $3,600,000 have already been
placed. The facts regarding this loan were fu lly given on page
1002 o f the C h r o n i c l e of Nov. 12, under heading consoli­
dated Gas Co. o f Newark. The advertisement appears on
another page of to day's issue.
Officers and Lease.—The company has elected the following:
President,. Tbomta A. Nevlns; Vice-President, William S c h e e r e r ; Secretary
and Treasurer. U. H. McCarter: Directors, Thomas A. Nevius. Ebenezer C. Hay,
Adrian Ktker. Thorn a* N. McCarter. Jr. William Scheerer, Edgar Ward, Je­
rome B. Taylor, Jeremiah O’ Rourke and Arthur D. Ball.

A formal lease of the property fo r a period of 999 years to
the United Gas Improvement Co. of Philadelphia was made
on Die. 1, the lease being then assigned to the Essex & Hud­
son Gas Co., the new corporation which filed articles as
stated under its own caption. The terms of the lease were
giveD in the item already mentioned. — V. 07, p. 1002.
Northern Pacifle Ry .—Called Bonds.— An additional
$425,000 of the general first mortgage bonds of the Northern
Paciflc R R . have been drawn for the sinking fnnd and will
be paid at 110 and accrued interest at the Central Trust Co.,
No. 54 W all Street, N ew York. The interest on the above

1161

bonds w ill cease on and after Jan. 1, 1899. The official no­
tice of the drawing, with the numbers o f the drawn bonds, was
published for the first time in the C h r o n i c l e last week.—
V. 67, p. 1110.
Ogdensburg & Lake Champlain R y .—Reorganized Com­
pany.—This rail way company has been incorporated at A l ­
bany as successor of the Ogdensburg & Lake Champlain R R ,
per plan in the C h r o n i c l e , V. 67, p 1056. The directors are:
Charles Persons. G eorge Parsons, George Sherman, Edw in Parsons. H en ry
Parsons, W illiam Lummis, Thom as Denny, Jr., C larence S. D ay and Cyrus J.
Law rence o f New Y ork City; Charles R. B att, Ph ilip V . R. E ly and John M.
Graham o f Boston, and W a lto n Ferguson o f Stam ford. Conn.
T h e officers are: Charles Parsons, President; Charles R. B att, V ice-P resi­
dent; Charles G. Burnham, Secretary and Treasurer.— V. 67, p. 1110.

Otis E levator Co.— New Company.—Articles o f incorpor­
ation for the Otis Elevator Co. were filed at Trenton, N.
J., Nov. 28. The new company w ill take over about th ir­
teen elevator manufacturing companies, comprising about
85 per cent of the business and every standard company in
the country.
The capitalization is $4,500,000 non cumu­
lative 6 per cent preferred stock and $6,500,000 common.
The par valne of the stock is $100 a share. There are no
bonds. The issue of the preferred stock is said to be w ell safe­
guarded and to represent less than the value of the property,
upon which it is substantially a first lien. O f both stock is­
sues $500,000 are retained in the company's treasury. There
w ill be a working capital of $1,000,000.
Paciflc Coast Co.—Second Dividend on Common Stock.—
The company has declared a second dividend of 1 per cent
on the common stock, payable Dec. 15. 1898, to stockholders
of record Dec. 10, 1898.—V. 67, p. 949, 956.
St. Louis & Oklahoma C ity Ry.— In Operation. —This road
was opened for regular passenger service Nov. 14, from
Sapulpa, I. T., to Oklahoma City, Okla., 103 miles. Taeroad
is operated by the St. Louis & San Francisco.—V. 66, p. 338.
St. Louis Southwestern Ry.— Consolidation.—Notice is
given that application w ill be made to the next Legislature
of the State o f Texas fo r a special law empowering the St.
Louis Southwestern Railway Company of Texas to acquire
by purchase and to consolidate with its own line the line o f
railway extending from Tyler to Lufkin, Texas, 8814 miles,
said line being known as the Tyler Southeastern R v.; also
to authorize corresponding increase o f the aggregate bonds
and stocks of the St. Louis Southwestern Railw ay Co. o f
Texas. A ll the bonds of both these companies are deposited
as part security for the St. Louis Southwestern Ry. 4s dealt
in on the N ew York Stock Eichange —Y . 67, p. 902.
Sixth N ational—A stor N ational Bank o f N ew Y o rk
City.— Consolidation.—Control of the Sixth National Bank
has been purchased from persons identified with the Gallatin
National Bank by interests representing the Astor National
Bank. Formal merger with the latter is proposed as soon as
necessary arrangements can be effected. The Sixth N a io n a l
has been paying 12 per cent per annum in dividends, and its
statement last week showed deposits of $1,558,000; loans,
$t,763.000, and $349,300 surplus. The total capital stock is
$200,000. The price paid, according to current report, is
$350 a $100 share.
Texas R ailroad Commission. —Enforcement o f Rates En­
joined.—A t Dallas. Tex., United States Circuit Jndge Mc­
Cormack has handed down his opinion enjoining the State
Railway Commission from enforcing or using any rate made
by them since Aug. 10, 1894 An article on the subject ap­
pears in our editorial columns.—V . 67, p. 979.
Tradesmen’s National Bank o f N ew Y ork.— Liquid ition
in Progress.—The liquidation of the bank began on Thurs­
day. Depositors representing $618,000 have agreed to accept
certificates of deposit bearing 4 per cent interest and payable
four months from Dec. 1. A ll others are being paid on ap­
plication. T ae total deposits are $2,200,000.—V. 67, p. 1111.
Toledo St. Louis & Kansas C ity R R .— Hearing on the
Appeal.—The hearing on the appeal from the foreclosure de­
cree is expected to come up oa M mday at Cincinnati. A t
the October term of the Court the case was postponed be­
cause of a lack of a quorum of jadges. —V. 67, p. 11 tl.
Tuscarora V a lle y Ry.— Mortgage —The company is re ­
ported to have filed a mortgage for $310 000 to provide for
the construction of its line from Port Royal southwest 31
miles to McConnellsburg.
Union P aciflc Denver & G n lf Ry.— Stockholders’ Suit .—
A suit has been brought by George N. M iller of this city fo r
the purpose of testing the validity of the voting trust con­
tained in the plan o f reorganization and also the legality of
the proposed issues of first and second preferred stock. The
New York Security & Trust Co., No. 46 W all Street, has con­
sented to act as the representative of holders of trust ce rtif­
icates of stock who may unite in the litigation.— Y. 67, p. 1112.
Union P aciflc R R .—Oregon Short Line Ry .—Exchange o f
Stock —The Union Pacific stockholders w ill meet on Jan. 10
to act upon a proposition to issue Union Pacific common stock
in exchange, dollar for dollar, for stock of the Oregon Short
Line RR. The total issue of Oregon Short Line stock is
$27,435,700, and a controlling interest therein was acquired
several months ago in the interest of the reorganized Union
Pacific. The direct ownership of the stock is now provided
for by the proposed exchange.
W inslow S. Pierce has resigned as Chairman of the board
Of the Union Pacific and the office has been abolished.—
V. 67, p. 957.902.

1162

THE

C H R O N IC L E .

[ Vol. LXVII

The first division of the railway, about 43 mile* from
Skaguay over the W aite Pass, 8,850 feet high, to L ike Ben­
nett, at the head waters of navigation on the Yukon Railway,
is rapidly approaching completion. This is bv far the most
difficult portion o f the road to build. To pay for the same
was offered in Loudon last August £250,000 o f 6 per cent
first mortgage debenture stock, secured by deposit with
the Railw ay Share Trust & Agency Company, Lim ited, o f
the first mortgage bonds created in respect of this first d iv i­
sion by the local companies above mention id. The deben­
1 b Ioh Tobacco Co,—Directors.—The stockholders have ture stock is due Dec. 81, 1985, but is subject to call at
110 at any time on six months’ notice.
The contractors
TS1 WM Wk Dm *. Sa*e*i T**»»*». rnut Tilfora, t rank xtcCuy. II A. I'. building the road are the Pacific Contract Co., Lim ited, with
i n k a i S i i lam il ilnOrr at tan run !■. A. H, Wulenw, iJeorje iV. Bremer capital o f £300,001 stock, of which in August last £300,000
had been subscribed. These contractors guarantee for tw o
William H. Butler on \Vedne«day tendered his resignation years the payment of the semi-annual interest at 6 per oent
n » .’.srr tur of the American Tobacco Co, and on Thursday
on the debenture stock. The first instalment o f this interest
wa» elected President o f the Union Tobacco Co. Seward, is due Jan. 1, 1899.
<Imhrle A- Steele w e re elected general counsel. —V. 87, p. 905.
The capital stock o f the W hite Pass & Yukon Ry. is
United States Tin P la te Co.—CamatMalion.—The facts £1,000,000 (in £10 shares), of which £25 ',000 is pivable to
regarding the jwndiageoBsultdatioo of the leading tin plate the contractors (together with the proceeds of thB £250,000 de­
in try were given in the CBBoltlOtt of Nov. benture stock) for the construction and equipment o f the
is. p*ge ii 'i ’i The proposal new company is to be orgaaiz -d road to L ik e Bennett, and the balance, £750,000. w ill be
under the laws o f the State o f N ew Jersey and known as issued to the same parties “ in consideration o f their hand­
the United State* Tin Plate Co., or other appropriate name, ing over all the charter rights and concessions over the 325
It* ’.** * - ' J capital stock has been so largely subscribed by the [now stated at 312] miles above mentioned and providing
maniifai turi-rs that it ha- been necessary to scale the appli* the company with necessary working cash capital as pro­
cation* from capitalists. The amount allotted to the latter vided in the contract.”
i», therefore, limited to 10 per cent o f the amount of the
Close Brothers & Co., of Chicago and London, are inter­
ested in the enterprise, and from their Mr. S. H. Graves we
iiunv,.-it Anjnired .—The new company, it is said, will have received the follow ing letter under date of Nov. 17 :
eventuaily aciinire from 9d to 95 per cent of the tin plate
I have ju st retarnnd from a trip to tlio Paoifle coast where I had a
■
th«
plants h tying been conference with E. C, Hawldns, oar olilef engineer, wlio had just oome
down
from Skaguay to meet me, and I can therefore g iv e y u the
built within the last few years. “ Chictgo Economist” says: latest information
in connection with the progress of the road. We
I’ a Ioa 1‘jr iHe KB. I W v / w irr of hind Mo'tgaoe of
- Thf i ' slice Trn«t Co., :u> mortgage trustee, faa« made
■;-.)sc ,»,i! i- u I.wforo J#dg» Sanborn in the United States Court
t a ir „-rrm of fortvioeur** under the Union Pacific land
,iirs.jfitsn of YS7U, wearing the bond* known as sinking fund
i, no interest -,u which ha* boon paid since March. 1890,
t , i.snd* are practically all held by the reorganized Union
? t:c 8 8 , Co,, and the foreclosure u merely a formal matt to perfect it* title to the land*,— V. 07. p. U57.

expect to have our trains running over the summit o f the White Pass
by the 1st of next month unless work should he delayed l>y unexpect­
edly bad we.ather. AU the heavy work on this side o f the Summi t has
been completed and the only thing which is delaying us is the •tinned,
o f which there were some 100 feet still to he driven in order to oonncct. Work is being pushed in the tunnel from both ends, hut is re ­
tarded because o f tile Impossibility o f getting horses up on the moun­
tain, so that all the rook has to be carried out by hand. A good deal
of work has been accomplished on the other side of the summit and
we hope if the weather should nor. be worse than usual up there
that bv the first of January or soon after our trains will be running to
Order*, it :< - ii 1 have bean given that all the works in the Log Cabin, a distance of some 15 miles beyond the summit. Prom
combination "hall close down for the transfer of the prop­ tills point it is 8 miles to Lake Bennett and the work is not especially
dilheult compared to whut we have had to contend with in getting
er it w on Dec. 15 to the new company.—V . 67. p. 1063.
over the summit, although elsewhere it would be considered heavy
work. In faot, the entire line from tide water at Skaguay to
' irgini.i Electric Co. o f N orfolk .—New Enterprise.—This rook
Lake Bennett is practically all rock work, most o f it of an extrem ely
company, fint.a o of whose bonds were recently offered at difficult nature. Our hope is that by the end o f February at the
and Interest, was organized in April, 1998, and consoli­ latest we shuil be running our trains into Bennett'-but of course in
date! the Electric C >. of Virginia and the Electric Lighting the meantime there is good connection during the w inter by means o f
over the snow and the road from the end o f our railw ay is all
Department of th- City Gas Co. It is at present the only sleighs
down grade, fn any oasn our line w ill bo complete to Bennett ioog
’
t u l i g h t company doing hn-iness in Norfolk. It has an before navigation opens on the Yukon n ext spring, and it is our
n ch iK vi , .ijtr.i t for lighting the city, a perpetual charter expect i[ion that before that time an enormous amount o f freight w ill
ready for the opening o f navigation.
Dow tin- State of Virginia, and a franchise from the city beItatisBennett
our intention to push work on the line as rapidly as possible
c»uEiii. The capitalization is as follows: Stock authorized, from Lake Bennett to Caribou Crossing and thence onward to Fort
s.y>i.o ,■i. of which $59,090 in treasury: bonds authorized, Selkirk, W e are also applying for power from the Canadian Parlia­
> *9. dated April, 1999. due April, 1928, interest April ment to build a branch line to Lake A tlin to assist in opening up the
new goldfields which are being developed in that district,
arid i Vtoli-r at o ffic e of the United States Mortgage & Trust wonderful
which bids fair to be much larger than the Klondike, and is likely to
Oo.. the mortgage trustee. O f the bonds $50,000 remain in support a much larger mining population. Should Parliam ent grant
tfa- treasury, and are to be issued only for future extensions, us the necessary charter for this line, work would be pushed on it as
to an run aunt not exceeding 73 per cent o f the actual cost rapidly as possible next season and there ought no'' to be any speoial
difficulty in having trains running to 1he A tlin gold fields before the
t«®TPOit
end o f the season. Our traffic manager reported to me that he has
i or the flf*t six months ending October, 1898, the gross eantraoted already for so much freight to be haudled in January and
next that our locomotive power will he severely taxed and
' 1• '
1 '■, ! : V '
■■' >'■ term bx February
we are endeavoring to augmeut it as speedily as possible. W e have
montba Cbenee. including sinking fond, $2,250, and interest, got
five engines working on the road now.
To.. lU'i'-i.lry u ,> flurtv i in th 'i country in it " l u l l way about 1890.
t**l
th>> output * « about 6 Million boxes, ttd* year it will
w t ' * ) * Biiiliiin, an I an in!!|uu from 9 to 10 million boxes o f 100
I* ' vV: i . ,
!« ex(wvtag for null year. The con*iill<iatlon will result
in a Uifcr aavtoc in frxtehl* Tin- new company will make arrango» « ■ ! * ' ■*' '*■r tin- mark.*!, of Canada an-1 Australia, besides pushing
■•to* i is- ft
‘
'■'■■■* of tin- tra 1.- in olber direr lions. Tile managem ,-ir «
ininixied to the men who have been tn >*t. siiooessfal in
•h* bn*'ce.»i4and tbe^promoter* will h iv e practically all the talent in

fn ,. 2V>, and deducting fiDo $1,126 for improvements, there
remained a surplus for the half-year o f $9,920, applicable to

The company’s passenger fare from Skaguay to W hite
Pass City, Alaska, the 16 miles now in operation, is reported
as $5. Passengers are allowed 150 pounds o f baggage. The
Water t ills A lV i*ca '"*t It If.—New Row/*.—The stock- freight traffic to White Pass C ity is $3 50 per 100 pounds : in
>,r«2'D-r» h.ivi- authorized a first mortgage to oecnre $160,000 of lota of 400 pounds, $3 90 per 100. The “ R ailw ay A g e ” says:
!•
t‘>draw interest from D ie, 1. The bonds, “ Traffic. Manager Gray is figuring on 3,000 tons of freight
• gf.ii. r with $60,009 stock and $10,000 cash, it it said, will for shipment to the Lake A tlin country and to the Klondike
s u ' i tM the k instruction company fo r the building of a bet ween January 1 and July 1 of next year. This freight
pt-V - d line from Week* Mills to Waterville, Me., 10 miles. will be transported for about $150 a ton, and the entire con­
White Pa** A Yukon B r,—P a c ific & A rctic lty. A Navi- tract w ill aggregate $450,000 From the summit of the pass
Katlon I o.—B ritish Yukon By.— Klondike Bonds—Con- freight is taken on to Lake Bennett by packers.”
The officers, etc., were stated last August as follow s :
m! rurtior,. The 33 bite P8SS& Y lik’ iii Bail way Go., Limited,
Hun. Sidney Carr (,iyn. director o f the North London Ky.. Chairman,
i* *” *■
of I he organization incorporated under the
sir Allen Sarla, director o f the London Brighton & Sout h Coast By.
htigii*.. ’ ompaaics A ct of 1862-1893, to own a narrow
jo-cob Price, Vice President o f the (irund Trunk ILy. o f Canada.
K<1tvln IlnnHon, o f Hanson Brothers, o f Montreal.
tsTigi' an. .;12 m il'* in length, extending from Skaguay
William Brook1* Close, o f Chute Brothers & Co., London and Chicago. BrokHarbor. Alaska, an ocean port at the head of the Lynn i . « j.fttr-i. Son 'V < 09 Gresham Street, E. C. Bankers.-Glvn. Mdla, Currlo
.'V i Lombard street, Ifl. C, becretary and ofice8 .-V 7 .H P Stevens, 17
'ii;x-n, it i* »*id. to navigation ad the year round), to "■. Helens
Place. London, K. C.
tD P 1 U K O IL
' arious other facts regarding the enterprise w ill he found
are vested in: 1, The in our editorial columns.
iimifiic Trading & Transportation Co,, by
W ichita R ailw ay & Illu m in a tin g Co., W ich ita Kan.—
ParlU n aot o f the Dominion o f Canada;
oinmbUn <fc Y ukon Railway Co,, by special Incorporated — I bis company ha* been incorporated to op­
•future o. British Columbia. 3, The Pacific erate a street railway and an electric lighting and power plant
The directors are
»y & Navigation Co., a company incorpo- in Wichita, Capital stock. $500,090.
tete'S' Of the*e three, the first named, Ernest Rambeck, E. L. Matting, H. G. Landis, W . O.
n Minining Trading A Transportation Co., Church and George E, Spatton, all of Wichita. The new
. w ill apply to the nr
......................
80*31ion
o f the Do- company is presumably organized as successor to the
are it#» name to the Wichita Ry. L igh t & Power Co,
and for the
jb t tto extend the
Zanesville Street B R .— Zanesville Ry. & E lectric Co.—
k to Dawson
nd 1ibonce to the
Ordered Sold.—Judge Taft, of the United States Circuit
from U.ril.ir.
rossl ng or Tagish f ourt, has ordered the sale of the property under foreclosure
A tli n, and to con­
i ‘ he mortgages of both the afore-named companies. The
exce ed 59 miles in
amounts due on the two loans for principal and interest are
ftpiferp
to penetrate the I ni .222 and $138,187, respectively. The upset price is $75,000#
fee diet
— V, 67, p. 324.

THE

D ece m b er 3, 1898-j

Ilq jc r t t s

a n d

D o c u m e n t s .

CENTRAL PACIFIC RAILROAD COMPANY.
THE Y E A R

A B STR A C T OF A N N U A L R E PO R T FOR
E N D IN G JU N E 30, 1898.

T R A N S P O R T A T IO N E A R N IN G S A N D O P E R A T IN G E X P E N S E S .
Y e a rs e n d in g J u n e 30.

1898.

1897.

Gross E a r n i n g s —
Passenger........................................... $4,366,834 76
M ail ...................................................
670,285 82
E x p re ss..............................................
237,260 45
E x tra ba gg ag e .............................. ....
58,801 06

$3,704,318 59
669,76148
208,196 32
66,486 72

9,743,037 88
280,853 99
62,848 03
42,499 98
80.442 19
73,895 71

7,422,139 42
249,382 56
49,045 16
42,775 02
54,526 73
55,005 47

Total earnings............................. $15,766,348 66

$12,639,711 12

F reigh t.................. ............................
Oar m ileage........ .............................
Locom otive......................................
T elegrap h .......................... ...............
S u n d ry..............................................
R en tal...............................................

O p e r a t in g E xp en ses —
Maintenance of w ay and structures $1,676,312 74
1,755.341 70
Maintenance and equipment...........
5,393,953 96
Conduoting transportation..............
396,061 05
General expenses.............................

$1,404,503 01
1.435,345 48
4,410,005 47
399,015 12

Total operating expenses.........

$9,221,669 45

$7,648,899 08

Earnings over eperating expenses.

$6,544,679 21

$4,990,812 04

P e r cent, of operating exp. to ear’gs
ASSETS A N D

56 49

The Sinking Fund in the United States Treasury was cre­
ated by the “ Thurman A c t” o f May 7, 1878. The Secretary
o f the Treasury, as custodian o f this fund, made invest­
ments at various times in United States bonds and first
mortgage bonds of the respective companies whose lien was
prior to that o f the United States, but always at a premium.
This premium amounted to the sum o f $1,344,234 68, shown
above.
The investments remaining in the hands o f the Secretary
of the Treasury on account o f the Sinking Funds o f this
Company on June 30, 1898, are as follows : United States 5
per cent bonds o f 1894, §125,000 ; W estern Pacific Railroad,
first mortgage bonds. §117,000; Total inves ment, $242,000.
Pursuant to an A c t o f Congress approved June 19,1878 (20
Stat. 169), the U. S. Commisioner of Railroads has made
an annual examination o f the accounts o f the Company to
determine the amounts currently due the United States
under the provisions o f the Acts of 1882, 1884, and the Thur­
man A c t of 1878, and payments have been annually made
or provided by the Company for the amounts so ascertained.
A summary of these accounts to December 31,1897 (when
such payments are due and payable), as shown by the books
o f the Company, is as follows:
Y e a rs e n d in g D e ce m b e r 31.

1897.

A n n ual requirement under tbe Thur­
man A or..........................................
Applicable as follow s:
To United States bonds and Interest
To sinking fund in U. S. T reasury...

1896.

$715,192 48

$614,573 83

417,294 46
297,898 02

350,173 58
294,400 25

Payments to tbe U. S. G ov’t to Dec.
31st, as per settlements with U. 8.
Commissioner of Railroads:
For U. 8. bonds and interest............ $10,156,760 86
For sinking fund in U. S. Treasury..
6,122.654 83

$9,739,466 40
5,814,756 81

60 52
T otal............................................. $16,279,415 69

L IA B IL IT IE S .

The assets and liabilities o f the company are shown in de­
tail in Table A in the accompanying report o f the Secretary
and Controller.
Land Grant Bonds of 1870 amounting to §195,000 00 were
redeemed during the year ending June 30, 1898. The sum
o f §1,000 00 on account o f company’s first mortgage bonds,
Series G, maturing January 1, 1898, was redeemed on a
bond o f indemnity.
The Board of Directors has deemed it advisable to have a
special audit of the accounts o f the company, and attention
is particularly called to the Income Account and Appropri­
ation of Income Account as shown in Table C in the report
o f the Secretarv and Controller.
U N IT E D STA TES G O V E R N M E N T A C C O U N T .

The allotments of the various amounts withheld by the
Government on account of transportation services rendered
and cash payments made by the Cotnpaoy. arising from the
issue of bonds in aid of the construction of th-t railroad, as
shown by Government Statements to June 30, 1898, are as
follows, attention being called to the fact that the method
of stating said account was changed in the month o f April,
1898, and credit was allowed this company for “ Judgments
and allowed claims,” amounting to the snm o f §1,162,939 48.
This amount represents judgments obtained against the
Government and claims allowed by the Accounting Officers
o f the Treasury Department, but for which no appropria­
tion has been made by Congress.
Bonds Issued by the United S ta te s.
To Central Paclflo............................. $25,885,120 00
To Western Paelflo............................
1,970,560 00
----------------------- $27,855,680 00
Interest paid by United States:
On Central Pacific bonds...................$45,510,464 01
On Western Pacific bonds.............
3,412,952 94
----------------------- 48,923,416 98
$76,719,096 98
L ess :

Am ounts repaid and withheld b y the
Accounting Officers of the U . S. Treas­
ury, as fo llo w s :
B y transportation services............... $8,287,923 81
B y 5 per cent net earnings...............
658,283 26
Credit bond and Interest account....................... $8,946,207 07
By transportation servioes............... $5,338,237 14
By cash pay ments......................
633,992 48
B y Interest and pre­
mium on bonds........$3,034,655 36
Lesspremlum on bonds
p u rch ased ............... 1,344,234 68
--------------------- 1.690,420 68
Judgments and allowed claims........
1 , 1 6 2 , 9 3 9 48
Credit Sinking Fund Account............................

1163

C H R O N IC L E .

8,825,589 78

T o t a l...... ........................................................ $17.771,"96 85

Balance due United States June 30,1898..................... $59,007,300 13

$15 564,223 21

In connection w ith the debt o f the Company to the United
States Government grow ing out o f the issue o f bonds ad­
vanced in aid of construction o f the road, your Board re­
ports that action thereon was taken by Congress at its last
session, and on July 7,1898, the follow ing A c t was approved
by the President o f the United States:
*

*

*

*

*

*

*

“ S e t t l e m e n t w i t h t h e C e n t r a l P a c if ic an d W e s t e r n P a c if ic
R a il r o a d s : That the Secretary of the Treasury, the Secretary of the
Interior, and the Attorney General, and their successors in olfice, be,
and they are hereby, appointed a commission with full p ow er to settle
the indebtedness to the Governm ent grow in g out of the issue of bonds
in aid of the construction of the Ceutral Pacific aud W estern Pacific
bond-aided railroads, upon such terms and in such m anner as m ay be
agreed upon by them, or by a majority of them, and the owners of
said railroad-: P r o v id e d , Th at any and all settlements thus made
shall be submitted iu w riting to the President for his approval or dis­
approval, and unless approved by him shall not be binding.
“ That said commission shall not agree to aocept a less sum in settle­
ment of the amount due the United States than t-lie full amount of the
principal and interest and a ll amounts necessary to reimburse the
United States for moneys paid for interest or otherwise: A n d a ls o
p r o v id e d , That said commission are hereby em powered to gran t such
time or times of paym ent by instalment, and at such rates of in ter­
est, to be not less than three per centum per annum payable semi­
annually. and with such security as to said commission m ay seem
expedient: P r o v id e d , how ever, That in any settlement that m ay be
made the final payment and full discharge of said indebtedness shall
not be postponed to exceed ten years and the whole amount, principal
and interest, shall lie paid in equal semi-annual instalments within
the period so limited, and in any settlement made it shall be'provided
that if default shall be made in any paym ent of either principal or
interest, or any part thereof, then the whole sum and all instalments,
principal and interest, shall immediately become due and payable,
notwithstanding any other stipulation of said settlem ent: P r o v id e d
f u r t h e r , That unless the settlement herein authorized be perfected
within one year after the passage of this Act. the President of the
United States shall at once proceed to foreclose all liens now held by
the United States against said railroad oompanies and to eolleot the
indebtedness herein sought to be settled, and nothing in this A ct con­
tained shall be held to w aive or release any right, lien, or cause of
action already held by the United States.
“ That there is hereby appropriated, out of any money in the Treas ury not otherwise appropriated, the sum oif twenty thousand dollars to
defray the expenses of said commission in making the said settle­
ment.”

*

*

*

*

*

*

*

*

*

*

It it hoped that arrangements may be perfected under
which the Company may avail itself of the provisions o f the
foregoing A ct.
Respectfully submitted,
IS A A C L. REQUA,

President.

1164

TH E

OESKH4t* BAtiAtfCJS 011RET JUNE 30, 1998.
A.fMiB'tW-*
,

"

.

.

.

.

.**. ___________ _

30, iSfl*.
»
..........1B9.046.606 14
.
.
1. *91.$47 3*
J u n e

.

. . . . __ 171.58s.548 53

T» .......... 11.643.865 S3
flKa&t*jt feftft#, ** p«r
MS
SSS
•*
X59.319 08
K . , ..........
*.
«*
V*
.......
69,391 41
¥
w.
«*.
M
i
1.871.355 58
O .. . .. .. .. .
**
«*
M
j .. ......... 10,279.415 69
r * r it ff Pr*Dch By, bond*
..........
57,372 50
) he44 in
fruct*.**,*.

0Hrrvni flCHli—
oc
.................................
B in* ****1 t *W * . . . . . . .
------ . . . . . . . . .

K*rolO(E*

B* If****..... .

Is.!*TV*! OSS Alston* fund laVMtment*
4«.* Jo'y » , t s iw ....... .................. . ..
Os tt**» Untoa K *,J *r;sr Jk Depot Oo.,
fir*i » « r i »'»*>> V eer cent bond*. f»o «

r*!isr *1*1,000.

Ju n e

30,1807
6

169,640 300'9

1.'91,847 39

171.541,214 37

10,053,483 33
] 28.415 92
61.708 49
1,813,092 99
15.999,744 74

28.845.345 37

T#U1 ................. ********

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

Fractional Oniiod St*!** S p o t bond.
s-Miasom p « i a c Company..................
Malarial and tapplliw........ ................
TMaJ- . . . .

191.460 43
10,713 00
437,751 05

263,321 35
2.74q 00
340,927 23

170,295 00

164,255 00

203.059 55
1.107.166 SO

163,000 00
120 00
884.70 1 97
694,439 06

2,293,445 13

9,503,307 01

163.000 00

1,0S8,1«1 67
819,932 76
95.248 00
72,905 70
2,330 00
18,733 93
80,000 00

2,295,789 06

2,156,412 06

116,54635

160,834 36

3.449 30
168 00

3,449 50
168 00

OtealMp* nt a**G*—tlualjn sled mean o u t*..... . . . . . . . . . . . . .
Capita! stock Coo* Bay (Oregon) Coal
do-, fare value *3.449,500...... ........
O ther stock*.. . . . . . . . . . . . . . . . . . . . . . . . . . .

i n o o m k a c c o u n t p o r t h e y e a r e n d i n g 3 0 T 11 J U N E , 1898.
Provision for replacement of rolling stock In addition to
amount included under Maintenance of Equipment.per
con tra........ . . . . . . . . . . . . . ...... ..................................... $183*935 00
General Ex]>eu«es charged In books of Central Paolflo
Railroad Com pany................................- .......... — ....... .
51,151 47
Proportion of expenses In connection wltli extension of
...... 319.6a4 67
Bonds, chargeable against the year...............
Balance, being net Income carried to Appropriation of
Income Account .................. ........................................ 2,133,ol3 o2
$2,688,334 66
10,000 00
Rental from Southern Pacillo C o m p a n y .................... ... 8
Amount Receivable from Southern Pacillo Company, in
respect of leased properties, being balances of gross
Earnings of nnmaafter deducting expenses,interest,
Sinking Fund contributions, etc., payable by South­
ern Pacillo Com pany out of said Gross Earnings un­
der terms of the lease, (details below ) ............... .
1,561,463 82
Earnings .—
_____
Passenger.............
$4,575,224 61
Freight ...................................................
9,743,037 88
M a in ..........................................................
870.285 82
E x p ress...........................................
237.260 45
Miscellaneous.................................
540,539 90
$15,766,348 60
Rentals. Shop facilities, Steamers and
T rackage......................................

49,862 96
$15,816,011 62

tV / a r v d n i s e i s —
D u from C alled Stale* Government
for iraa*p>'»station on non aided and
Irsevd r,**d*, over all requirements
13)89,161 67
loUrrrv-! paym ent*on land contracts.
559,223 95
BPl* reesdvabl* ..........................................................
0,-dec Union R a'lw sy A Depot CV> ...
73,245 70
Capital stock Colfax A Forest Hill
AuBUicrvtat Co . face value $1,600
2,330 00
Tour hundred acre* land In Coos Oo .Or.
18,891 28
C anpal stack In river transportation
doe*, fa** value * 1 6 0 0 0 0 ................
90,00* 00
Amount* reoMvabl* (Thnrtoan Act, tvqalreiseat for aix months ending
Jour 30, 1 6 9 9 )......... .............. .
495,146 46
Te4*t.

£Vol, UX.VII,

C H R O N IC LE .

O u e r a tin a E xp en ses .—
Malut. of W ay &. Struct’s $1,676,312 74
Malnt. of Equipm ent...... 1,755,341 70
Cond’t. T ransportation.. 5,393,953 96
General Expenses...........
396.06105

Betterments and Addi’s.
l a x . on RR. property...
Rentals, Term inal facil..
Steamers and Trackage
Interest on Funded Debt
Sink. Fond con tributlons
Am t pay. to U . S. Gov.
under Thurman Aot-----

$9,221,669 45
102,250 47
492,746 93
107,976 04
3,149.087 50
235,000 00
885,817 41

14,254,547 80

A s above

$1,'61,463 82

Am ounts charged in above Operating E x ­
penses now credited tliiB account and
earned to the debit of Income A p p ro ­
priation account b e lo w :
Betterments and Additions.................
Sinking Fund Contributions................
Bonus on Express Com pany’s Contrae.t.
Income from Investm ents.......................
Interest, Discount and E xchange...........
Income from Sinking Fund Investments
Stumpages on non-trust lan ds.................

$162,250 47
235,000 00
397,250 47
32,000 00
77,112 33
30,515 16
613,489 18
16,123 50
$2,688,254 66

A P P R O P R I A T I O N O F IN C O M E A C C O U N T .
FOR THE TEAR ENDING 30TII .MJNE, 1898.
Total ........ ........... ....................
120.163 85
161,45186 Inoome from Sinking F und Investments credited In In oome Acoount, above, now transferred to Sinking Fund
206,31s,6 -2 20 265,210,731 37
Accoun t............................................................................. $613,489 18
Contribution to Land Grant M ortgage Sinking F und in
154,242 88
excess of net receipts from sales of granted lan d s......
Old Accounts charged off....................................................
44,813 69
U a m u t ik *.
J u n e 30. 1898.
J u n e 30,1897.
Expenses In connection with extension of
Capital liabilities—
*
$
Bonds ....................................................... $1,014,928 99
Capital stock:
Lr.se: Am ount applicable to the year,
charged above..........................................
319,654 67
Aothorlrsd l a m * . (4100,000,00000)
(100,006,000 00
695,274 32
Am iao! leveed....
64,000,000 00
Appropriation for Com pany’s Sinking Funds.
235,000 00
l*w * am oost held
16 ,250 47
Bettorments and Additions oharged off.........
I * Oo.’B treasury.
724,500 00
228,442 98
Balance
-----------------67,275,500
0007,275,500
00 carried to Profit and Boss Account..

Funded debt, a* par table B ....... ......... 59.579,000
V t M t t t t e bead*............................ 27,855,690
T *t* l . . . . . .........

154,710,180 00

00 59.775,000 00
0027.955.680 00
154.906,180 00

$2,133,513 52
Balance of N et Inoome brought down

$2,133,513 52

C u r r e n t lia b ilitie s —
Bill* payabt* *,rrt»t*x,* i&nti gran t court.

Asvumnis payable,__...... .............

la l * r * * t on fu e ls ,i debt faxctndtng
v*,«|i"T,• da * Ju ly 1.1898, carried on

Am sh*ra Par in* 0>/s book*!,........

U&vIjUb * d d iv id e n d * ......
ii.lv tv«1 on Bond* accrued la date but
dt»*»
r***** r»* ,*****
Tr i m
bnt not 4(iA
f u n d * , . , , , , . . ...........

t©

Tfc

futl'l* M

but
,*.*..***...........
Art Hiaqatmnnmid mantki

271*549 03

400,000 00
367,937 15

47*4*0 00
28.576 00

37.170 (K)
32,166 00

273.127 .60
*4*500 00
321.205 42

27*,565 00
85.000 00
056,331 24

117.500 00
405*149 40

Tt-UI

1.037.133 41

K * i-lU * .g MOWk.
fUfid i o t i s i b
wj-WiUfim
J ft _____ **,* .»*,,,*
t'V>*4SsM!
f»f!a«Mmflait fun<l
Irt.vl grant a<**ttuit* T *^ l« fl *,.*.^*..

Total

$2,133,513 52

073.003

2.149,069 39

W e have exam ined the books of the Central P a d lie R ailroad Com
pany for the year ending 30th Jane. 1898. and have also exam ined
th» Central Pacific Accounts in the books of the Southern Paolflo
System, and, adopting as correct the d ls ’ributton of the earnings and
expenses of the Southern Pacillo System, w e certify the aoouraoy of
tin- almye Income and Appropriation Accounts
Th« amount payable to the Uoyernm eut under the requirements of
the Thurman Aot has been oharged in the above Accounts, but inter­
est on the Governm ent debt has not been dealt with
N e w Y o r k , 22d October, 1898.
P r ic e , W a t e r iio o s e & CO.
P R O F IT A N D LOSS A C O O U N T 30 T H .TUNE. 1898.
Balanoo C arried to
Balance from ApBalance Sheet— $1,979,546 05
propriation
of
Income Account.. $228,442 98
Balance from last
y e a r..................... 1,751,103 07

$1,979,546 05
02

oo
J*27o,070 77
1 * 0 ,0 0 0

.

1,482,733 36
M 9 1,212 63

/45*59
« f —r
iv m
in
• •' ' ......................
1*979,140 OS
t r a it fn#4 S ftf F*>4*«BtMLton of Ia.H‘1
U. Ti,
f> * * * . * , , . . .
1.471.:»v . S3
(ftmtii
atf 1*70
.. 7,796,000 00
$*»? * h its * fu:i U o f the Ownm i ,-**•.**.•.***.«.***..*
19.0'1,*17 73
f-Y? t?. 8 y*«|i«1t**a4Mla,
j , . 16.379.415 69

$1,979,546 05

398.479 27

J&stJ.&'n.f.G,

1.751 103 07
1,812,092 99
7,601,000 00
19.220.429 55
15,988,741 74
46,274.269 35

06.319,682 20 205.210.731 37

-In response to many inquiries relating to tbe banking
and investment business and the methods usually employed
in connection therewith, Redmond, Kerr & Co. have pre1 ‘ ted a neat and well printed pamphlet, givin g information
of value in a form convenient for reference.
—The Produce Exchange Trust Co. and Parson. Leach &
do. offer to investors a limited amount o f the N ew York
( 1V il1,, per cent, gold stock, coupon or registered, due
Nov. 1928.
F. .1 Li 'man & Co. announce that they are prepared to
. ■l it- in fractional lots of various steam railroad and other
•curities. The advertisement w ill be found on page v.
Messrs. Price, McCormick & Co., have just issued a new
quotation sheet, givin g quotations for almost every salable
unlisted security. Copies can be had on request.

THE

D ecem ber 3, 1898.1

3? I t e

© c m x n x e rc x a l

C OMM ER CI A L

jin x e s .

EPITOME.

B b i d a y N i g h t , December 2, 1898,
The severe w intry weather experienced early in the week
interfered with business activity to some extent locally, and
in the Eastern States, where the blockade of traffic and in
terruption of communication was quite general. Shipping
also suffered much loss as a result of the storm. A t the
close, however, normal conditions are again prevailing.
Encouraging reports are heard as a rule over the outlook for
healthy business conditions, and values in the main have
been favorable to sellers. As anticipated, the Peace Com­
missioners at Paris have reached a settlement, Spain acceding
to the demands of this Government.
S tock s o f M e rc h a n d is e .

P o r i . . . . __________
bbls
L a rd ...............
tos.
Tobacco, domestlo ........... Adds.
Coffee, K lo ......................... bags.
Coffee, other_______ ______ bags.
Coffee, Java, &o................ mate
S u g a r......... ........
hhds
Sugar.........................b a g s, &o
Molasses, fo re ig n ............. hhds.
Hides.................................... No.
Cotton..................
Rosin.................... .............. bbls.
Spirits turpentine.
............. bbls.
Bloc, E. I ............. ............ bags.
Bloe, domestlo___ .............. bbls.
Linseed................
Saltpetre..............
M anila hem p.......
Sisal te m p ...........
F lour......... ......... bbls. Sc sacks

D e c. 1,

N o v . 1,

1898.

1898.

13.555
13,401
8,939
682,531
107,753
lOt.OOO
None.
None.
None.
60,000
100,801
10,848
2,010
780
1,100
3,600
None.
1,7X0
None.
14.905
73,146
95,300

14,282
11.761
7,327
618,0-)0
120,668
100,468
None.
23,114
None.
74,100
70,505
7,916
689
128
3,100
1,400
None.
6,000
None.
15,690
72,777
79,000

DAILY CLOSING PRICES OF LARD FUTURES.
S a t.

M on.

T ues.

Wed.

C O T T O N .
F r id a y N ig h t , December 3, 1898.
T he Movement of the Cro p , as indicated by our telegram s
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 314,897 bales,
against 432,057 bales last week and 416,042 bales the previous
week, making the total receipts since the 1st of Sept., 1898,
4,409,201 bales, against 4,142,686 bales for the same period of
1897, showing an increase since Sept. 1, 1898, of 266,535 bales.
R e ce ip ts a t—

Sat.

M on.

Tues.

W ed.

T h u rs .

F r i.

T o ta l.

Galveston....... 14,477 27,032 18,457 13,391 18,073 14,641 106,071
Tex. City, Sect,
......
1,326
3,313
......
1,987
N e w Orleans... 16,353 13,?05 18,589 31,146 10,320 14,286 103,999
M o b ile ............
2,728 2,793
1,894
806
642 2,2 45 11,108
......
4,172 12,690
Florida............
......
.....
8,518
D e c. 1,
9,370 8,431 7,990 8,216 4,879
7,331 46,717
Savannah........
1897
B runsw ’k,&c.
.....
......
.....
6,087
4.593 10,680
2,083 5,412 2,256 4,133 1,348 2,655 17,867
12,530 Charleston......
13,247
Pt. Royal, Ac.
12,015 W ilm ington....
2,076 2,333
3,744
2,835 4,724 2,277 17,989
495.837
W ash’ton.&o.
.....
.....
.....
27
16
43
134,800
4,462 7,650 7,758
7,272 5,610 5,844 38,596
73,857 N o rfo lk ...........
1,795 N ’p’t News, <to.
804
1,191
387
932,882
1,548
1,770 2,078
1,990
1,302 1,488 10.176
343 N e w Y o rk ____
1,462 1,735 1,097
57.500 Boston............
2,521
1,660 1,597 10,072
89,737 B altim o re.......
......
......
......
547
1,863
2,410
32,931
24
123
1,265
204
33 4
1,975
25
1,977 P h ila ie l’a, &o..
987
54,662
63,887
90,484
T
o
t
this
week
71,726
48,583
65.555
394,897
1,200
3,100
The follow ing shows the week’s total receipts,the total since
None.
19.350 Sept. 1,1898, and the stock to-night, compared w ith last year.
None.
25.191
S to c k
1898.
1897.
6,978
R e ce ip ts to
T h is
S in c e Sep.
T h is
S in c e Sep.
160,600
D e c. 2.
1898.
1897.
week.
1, 1898.
week.
1, 1897.

Lard on the spot was dull early in the week, bat at the
close there was more activity to the demand, principally
from exporters, and prices advanced to 5 40c. for prime
Western and 5-15c. for prime City. Refined lard has had
ODly a limited sale, but prices have advanced, closing at
5 00c. for refined for the Continent. Speculation in lard for
future delivery has been fairly active, and during the latter
part of the week prices advanced on buying by outsiders and
by shorts to cover contracts, The close was steady.
N ovem ber delivery
o. 5’22
5‘15
5'20
5'30
D ecem ber delivery____ o.................................. ...............

1165

C H R O N IC L E .

T h u rs .

------5'tO

F r i.

....
5-40

Pork has been in moderately active demand and prices
have advanced slightly, closing at §8 75@|9 for mess.
Tallow has weakened slightly, closing at 3 7-16@3J£c. for
prime City. Cotton seed oil has been quiet and prices have
weakened to 21@21J^c. for prime yellow. The demand for
butter has been quiet but prices have held steady at 15ia23e.
for creamery. Cneese has been quiet but steady at 7@10c.
for creamery. Fresh eggs advanced to 26c. for choice
Western.
Brazil grades of coffee have had only a limited distributing
sale, as buyers and sellers have been apart in their ideas of
values, the latter holding for higher prices; but the former
were alow to purchase supplies at an advance. The market
for invoices has been moderately active and firmer, closing
at 6%@6}£e. for Rio No. 7. M ild grades have been in better
demand and firmer, at 8c. for fair Cucuta.
East India
growths have been dull and unchanged. Speculation in the
market fo r contracts has been quiet, but the tone has been
steadier on the small movement of the crop. Following are
the final asking prices:
D e o ................. 5-4Sc. | M a r................. 5 ’75e. I J u ly ................. 5’95e
J an ...................... 5-55o. A p ril............... 5'S0o. Sept.................. 6-loo"
Feb ................. 5'65e. I M a y ................ 5 85c. I O ct.....................6’15o'

Galveston... 106,071 1,336,342 100,25» 1,104,8 L4
Tex. C.,Ao.
3,313
36,642
4,469
28,107
N e w Orleans 103,999 965,623 128.053 1,045,121
M o b ile ........ 11,108 145,892 16,765 154.654
12,690
Florida.......
95,230
4,785
41,671
Savannah... 46,717 666,317 50,165
662.199
B r’ wlok.&o. 10,680 142,146
7,724
108,894
Charleston.. 17,367 263,839 18,352 294,899
P.Royal, Ac.
18,960
35,636
218
Wilmington. 17,989 226,397 16,601 219,341
31
W ash'n, Ao.
43
908
688
N o rfo lk ...... 38,593 324,643 28,370 317,368
N ’port N.,<ko
14,521
1,191
1,225
8,158
N e w York... 10,176
48,002
6,132
14,979
Boston....... 10,072
99,206 10,824
58,303
B altim ore. .
2,410
9,031
19,305
3,331
Philadel, Sto.
15,422
28,474
1,975
3,536

346,665

238,472

392,283
42,567

342,551
28,535

186,318
13,333
72,928

135,404
10,364
54,372

19,9 L4

36,101

81,884
4,167
100,723
30,500
20,343
4,276

73,369
1,181
98.008
32,000
21.115
6,856

T otals...... 394,897 4,409.201 400,835 4,142,666 1,315,801 1,078,328

In order that comparison may be made with other years,
we give below the totals at leading ports for six seasons.
1896.

1895.

1894.

1893.

G alves’n,<ko.
N ew Orleans
M o b ile ........
Savan n ah ...
Chas’ton, &o.
W ilm ’ton, &o
N o rfo lk .......
N. New s, Ac.
A ll others...

109,384
103,999
11,103
46,717
17,887
18,032
38,598
1,191
48,003

104,723
128,053
16,705
50,105
18,570
16,632
28,370
1,225
36,332

52,092
74,157
10,308
42,789
14,883
11,019
30,862
1,171
28,621

42,062
77,889
8,192
32,014
11,734
12,210
14,515
8,274
17,061

77,795
95.910
11,568
41.233
19,064
10,833
31,786
21,236
41,776

67.427
88,919
13,407
43,295
16,631
12,771
27,380
22,180
19,090

Tot. this wk.

394,897

400,335

265.902

227,001

351,431

311 103

R eceip ts a t —

1898.

1897.

R aw sugars have been in slow demand and prices have Since Sent. 1 4409.201 4142.666 3320,873 268 \ 551 410 >,407 3304,753
weakened to 4 7 16c. for centrifugal 96 deg. test and 3 15-16c.
The exports for the week ending this evening reach, a to ta l
fo r muscovado^ 89-deg. test. Refined sugar has been flat of 313,879 bales, of whioh 173,745 were to Great Britain, 34,008
and granulated has weakened to S'ISc. Molasses firmer.
to France and 106,128 to the rest of the Continent. Below
Kentucky tobacco has been quiet and without change. are the exports for the week and since Sent. 1, 1898.
Seed leaf tobacco has had a slightly better sale and at fu ll
F rom Sept. 1,1898, to Dec. 2,1898.
I f etk E nding Dec. 2,1898.
values. Sales for the week were 1,875 cases as follows: 500
0 cvnrl e.d to BxyporUd tn—
cases 1897 crop, Zimmers, 16®18c.; 150 cases 1897 crop, GebOonti fro m —
O onti- l o t al
Great
Great
hardts,14®15c,; 150 cases 1897 crop,Dutch, 18%@17c.; &c. .also
nent.
nent. Ween. B rita in .
B rit'n .
400 bales Havana at 60@70c., in bond, and 150 bales Sumatra
Galveston..... 40,813 31,184 28,637 100,634 536,405 197,991 190,718 925,114
at 80c. to 81 60 in bond.
5,587
418
11,802 ......
418
17,389
City,
Business in the market for Straits tin has been quiet, but Tex.
New irleans.. 34,806 1,000 20,805 57,511 325,453 78,793 176,835 581,081
in response to stronger foreign advices prices have advanced, .Mobile........... 19,484
8,671
19,494
79,684
88,355
closing at 18'35 <*18'40c. Ingot copper has been taken freely Pensacola..... 7,685
35,5 *2
87,382
4,600 12.285
48,841 2,949
for export and the home consumption has been good; prices Savannah......
11,616
274,106
19,685 19,535
26,668
312,290
have advanced to 12%<^ 13c. for Lake, closing steady. Lead Brunswick.... 7,044
50,000 124,428
6,600 13,644
74,368
94,505 133,484
has been quiet and slightly lower, closing at 3'65@3’67J^c. Charleston....
3,747 3,747
38,919
18,138
18.138
for domestic. Spelter has been firm and higher, closing at Port Royal—
110,230 201,152
90,922
8,961 25,611
5 40@5-45c. for domestic. P ig iron has been in fair demand Wilniinirtou... 18,650
.......
.......
12,750
23,920
11,170
Norfolk.........
and steady at $10 2 i@ ll 75 for domestic.
9.310
9,310
Refined petroleum has been unchanged, closing at 7-30c. in N ’Dort N., <fcc .
99.957 7,832
87,001 194,790
924 8,115 26,937
New
York. ... 17,898
bbls., 4-80c. in bulk and 8'05c. in cases ; naphtha higher at
779 111,671
699 19,254 11",792
Boston ....... 18,655
8’50c. Crude certificates have been steady, closing at $ I 12%; Baltimore.
24,483
1,904 8,008
38.814
63,327
...
6,104
credit balances have been unchanged at $1 15. Spirits tur­ Philadelphia . 1.000
1,000
9,850
9,850
pentine has been quiet but steady, closing at 39%@39%e. San Fran., &c.. 3, 06
8,814
li.ie i
17,975
3,205 6,811
Rosins have been dull at $1 45 for commcn and good strained.
173.748 34.008 106,126 318J879 1,534,837 299.181 1,085,538 2,919,556
Total
W ool has been dull and weak. Hops have been in moderate
Total, 1897... 115,553 69,488 97,410 282,481 1,299,314 375,908 1.026,413 2,701,635
demand and steady.

THE

116K

to a ! lit: .11 t o i t o n export*, our telegram* to-night alto
! !•- foUi-wiug aut-unt* o f cotton on 'hipboard, not
etar-si, at th.- port* minimi. W e *<14 similar figures for
Jt*«r V
■I for our special use by Messrs.
U unbftt 4t Harrow-*, Produce Exchange Building,
j I ti- us

os »tUr»oaat>,
$ ml

tM

S r ilm in ,

r<>»—
------- 1Ixarin.

sot o u m m o

Count- I

O tA nr
F o rtifftk

rtnal

w ilt

ito e k

Tota l.

[Vol. LXVII

C H R O N IC L E .

Ferrer lies.—The highest, lowest and closing prices o f
Futures at New Y o r k are shown In the follow ing table.
g
► g;
*3
«-•
g
^
Q isfo ts
1
2 gz 2g 2
Qgjs O go
>
7 o £ 2 o £ ? o £ a : jS cjoga ofi j t- 0
r' ^i5lrws,’: n
f
'
S
*
i
^
a
9
ren;
£
z
m
,
£
ijc
a
r»
: 3 ®H3 s C3- £3® D® 1D© |S ® > B (j3 C(J3 D© m ‘ to
n J W»8 ;
• |OQ; JJ3; »5 ;
• C
JC• 1oa * r?3a •
• 55»S • 2 to®
5
i i i i iiT i:
i li i T

VIZ* «? I CMCM CMCM CMCM CMCM <? 1 CMCM «? I CMCM CMCM CMCM
,*-- it-i- It* ' COCO CO1 coto
V*V CM1 CMCM CMCM CM
£
caw wo OOC <1C0 CO OCH a
coco o d 0300
1s 19 19 19 \ 0 1 9 1 8 1 9 19 1 9 19 19
CMCM CMCM CMCM CMC»
CMCM «r 1 CMCM CMCM I
a
? 1 C
“Mfl C
dP
MCM Old CMCM
it-It* to 1 COCO
<1*4
-O 0C<1 it*
0 0 <1
It CO >-© O
CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM
-jcb o d ■*jd. dd a d d d d d d 1£ it it it it
tv
O C5 a it- CO a>a> a*- woe cca CMtO WO
166 931 153 064 153,191 : 55.761 428,047 ! 886,854
TwSAl 19*9.
1 B 19 19 19 19 i 9 19 19 1 9 19 19 19
§.
MCM CMCM 1? CMCM CMCM CMCM CMCM 1? CMCM CMCM CMCM CM,
Tefal tW HL.J 1*9.388 40.*H1 193,090 22.730 310,889 I 761,439 C
d
a d d den ' CM CMCM
t A1
Total 1R M .. .
20.40 8 113,441 17.850 292,761 ! 959,262 <1-4 <105 ’ <1 a
-j-i a
—CO 00*-> 00-J
CM 0 to a^i t*
it CM It
s ;, .. nlation in cotton for fa ta l* delivery has been moder­ CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CM,
050 0=05 deM CMCM CflCM
l=*>^ it it COCO
t?
ately Motive ai d the tendency o f prices has been towards a a a id
CO ccto O CO CM COM OO C
M»t* tow 000 a cm it
6o
1« 1 0 9 | 9 1 8 1 3 1 19 18 19 19 19 18
higher iattis The principal strengthening feature in the situo’.i-.-tt ha* ovnurmml to be* t'-e »t.-adily growing impression CMCM CMCM CMCM CMCM OICM CMOl CMCM CMCM CMCM CMCM CMCM CMCM
1
d d d d d d c3»d d d d d
It it It it COCO
tint the t i i ) hits i <en somewhat over estimated. There also
t- 03 a 0 !*<1 OtO a co WCM oco <1CD CM<1
has been * ‘ light falling olf in the crop movement. This,
C
M
C
M
C
M
C
M
C
M
C
M
CMCM
CMCM CMCM CMCM CMCM CMCM CMCM CMCM
however, it la claimed by some, h*» been due to the recent d*di C
tv
1!
It. it. COCO
MCM CMCM CMOl end ** ^
unfavorable wtather » t the South fo r the handling of the coo -J-3 00CC CMCM tow 0000 if^CM o c <100 it t
i
9
1
9
l 9 19 1 8 19 1 » 19 19 19 19 19
crop. The demand for actual cotton at tDe Sonth has con5
a.
J active. Europe has been a free purchaser and domestic CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM
11
ebdi O*35 d a CMCM Cnd it*CM If*-idWit
tpinrrt* have in n good buyers, the recent improvement O
J- COO ©*- a co wa CCto cma
It* oct CMCD ita
in
trade markets for cotton goods stimulating the de
CMO* CMCM CMCM CMCM CMCM CMCM CMCM CMCM
CMCM CMCM
for raw material. Monday an advance in prices of Cid d d» d CM dd CMd CMIr* it*it* It-W » 1 it CO
11
>
*0 -3 co WOO OCM -0to COCO CDCO CMCD to
C it CCit
H ' 3 points was of » rensatioral nature as compared with ►
1» 1 9 19 1s> 18 1e 18 l 9 i 8 19 19 18
O
ft
the recent fluctuations in values. The improvement was
CMCM CMCM CMCM CMCM MCM CMCM CMCM CMCM «? | Cmcm CMCM
■- 1
n decidedly stronger foreign advices and dies 05d a d a© C
1 1 <a<
dd
d
d
»t
*
C
O
C
O
OOO acM CO j-o CDCD
1u> leg by foreign and local operators to cover short sales. CMCM CO© »&■$* te-O CC-J
A steadily broadening demand from ontsiders for investment CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM
05 d CMCM CMCM dd It*CM |t*Ht*
it CO
account also was a strengthening feature. Subsequently, 005 d
!j
OM d
toto CCQ a<i w to qoo te-03 toto ©ac Ofj-O
2
however, under a weaker turn to foreign advices and i * 1 9 19 1a 19 1 0 19 19 19 19 19 9 1
a
renewed (eiling for foreign account, together with realiz- CMCM
CMCM CMCM CMCM CMCM CMCM CMCM CMCM CMCM C»CM
«
irg * * ) « by recent buyers, Monday’s advance was lost. d o ? i d d a o d d dot it*Cm It-Itc CO <10
ccto CMO 03Ol Mit cow
arket again tnrned firmer, prices advancing cmCO fcO
4 to "> points on slightly better foreign advices than expected
1
?
1
0
1
1
1
?
1
=
?
I1^
?O 1
1
'f
CM 1CM ' CM 1pIt* 1
'?
CO '1C
■^
to 1? 1?
and the fact that the movement of the crop was falling off 1CM 1-4
03
03 00
CO CO CM GO O
CD
01
a little. T o d a y the market was moderately active and 1$ 1® 19 18 1 8 1« 1 9 19 1^ 18 19 18
re
price* advanced a fraction on buying by W all Street and out­ 1«? 1 'f . CM 1^ 1^ 1^ 1? 1^ 1
1
?
1
?
1
?
' 05 * -0
1CM ' CM -5
1CO
01
5 *d
sider* for investment account. The selling was principally 1-Q
M ' <
K5
CM K>
GO
CO ‘ 0 1dt
O*
for foreign account. At the close there was a slight reaction
T h e V i s i b l e S u p p l y o f C o t t o n to-night, as made up by
under realizing sabs and the final prices were unchanged
t,i 1 fount tower for the day. Cotton on the spot advanced cable and telegraph, is as follows. Continental stocks, as w e ll
M o n d a y , de l in e d i 1B-. W dne-iiay. and to-day advanced as those for Great Britain and the afloat, are this week’s re­
turns, and consequently all European figures are brought down
l-16c., clc»icg »t< ady at " -^c. for middling uplands
° o the lev,:- ..f the rate- on and off middling as established to Thursday evening. But to make the total the complete
by the Hev:»ion Committee, the prices for a few of the figures for to-night (Dec. 2), we add the item of exports from
the United States, including in it the exports of Friday only.
grade* would be as follows:
S08.733
83,550
325
: 3 \324 | 30.470 i
fl# v thieadta... i
199.108
0,430 147,497
17,040 47.0lft
OA* 1
54.000
132,218
None.
8k»reJEt&aU5i: lS J r O ;; 3,0v/0 140.000
54,823
1,000
CXli»*£«0lM *»* *•i 14.000 ! JioOfi. j 3,000
27,567
None. ■ None, i S one. i 15,000
M M I 4444. 4***1- 35,000
14,8-4
67.000 j
None. j 12.000 45,000
.**.»*.* I 1 0 . 0 0 0
91,828
8,900
None.
3,100
»o o
5,000
York-.n***.
35.000
57,533
None.
14.000 1 Noon. 17,000

O P tA M G S ,

Hat*

6 0 0 4 O rdin ary....... ...............
I*o » Mld.lHlut........
H U d U f i f . . . ......... ...........
O o » l M id.sua«____ _______. . .. .
afutdUag KmAt
.... ............. .

o t iL r,
flood O rd in ary...*......... ........
bow
-*♦*..**
m d m u * ..................... ...........
..
(Icod Mkldlinr ....... ..
Mi.lADdc E*Jr ................ ......
S T A IN E D

The

|si1 l U l i o Q t

fo r

4>a

■i»i«
5»,
S «»
0
a 1*

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6M

6
<1• :

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« ' * i,
57,,
K*.
6M
6%

n *»o T n e *

4 0 ,,
6*4

«>

4*4

* S*

5*.e

% *
5»*j

5s*

5%

5»j«
» ‘bs
87,#

Fn
S j:
sag
0
Fn

4\
5*1
S ’- ', ,
6 »„
Hlt1

Th.
——
4%
5%
5>3U
6L*
011,.

W ed

Th.

P ri

4»tn
5»t
5U j j
5 »t.

4 1 .1 .,
57..

6H
6\

4*4
s » l«
St,*,
5“i

sc u r i l a n d a t
Y ork 0
c a r s h a v e b e e n a s fo llo w s .
1 8 0 2 ...
10 1
1874
1801 ....... 1 2 m
1073 ....... 157$
1 0 0 0 ....... 14
i 1072
19 *4
1079
1071 ....... 19
4078 . . . . . » > «
; 1970 • * * »» •5 7$
1077
1069 ....... 25J$
1.070 ....... t 2 l „
I9 6 0
1075
1867,

MARK &T AHt>.0ALIBI,

.m 1** of oof ton on thr- «jx)t eacsh day during the
t*’ t8 d »ca k i in the follow ing statement. For the
irnco o f the reader we also add columns which show
>o, e itow tn * market fo r spot * «u d future* d oted on
IfO T M t t M f

r t m n iM

f i k i M o r s p o t a oosTaAot

M k tU O K t

CtofiRn,
•nntwNlaf .. ^
Tw***"tay
rrtd a y .

67,.
W ed

6%

m i d II

51*1

up*

* > 'i.
»* .
5%

1w
.
. 5S
1 1 0 * 0 ...
4 a sry___
ft U jg
.. , . e l r i 4
..
l i H w * * 7 ! |9
1
.........
I 1997 .. .«.«t «>%p
1
..
a t.
1 r > 3 .......
i H i ..
H r L m » * , « iJ 1 M 1 . . . .. .t O 1* ,*

*

4>*
5kl
S#J9

4*10

D t v . t f o r tm o h o f t h e

Tli

Th.

& **

Hat.

Lo-nr M iddling.... . . . . . . . . . . . . . .
WkLUtag ...... ................. .
M iddling,,...___ ______
W e l* l4 -t :iK <
............

N o n Ta<<> W e d

t

«

Ti t
at H
f,
tte 'f.. . . . . . ..
a ! 41• de
at i||

|nmi
(Very mU'&lir.,
G'-riei A atMyj
H*r!r M ^ i j r
S*ntdv
H'rl.y st^advj

C o * ! Oon
t u m p . tru ct.

p o r t.
—

1

Sbfsi,

si

10 0

122

•••*] 1,163
?4

too
3,300

1.263
3,304

V.269 i 3,500

4.769

......... ;

Stock at L iverp ool....... bales.
Stock at Loudon.....................
Total Great Britain stock.
Stock at Hamburg:..................
Stock at Bremen ...................
Stock at Am sterdam . . ............
Stock at R otterdam ...............
Stock at A n tw e rp ...................
Stock at H avre .. . ................
Stock at Marseilles.................
Stock at Genoa ...
Total Continental stocks

1898.
973,00C
3.000
976,000
13,000
195,000
1,000
300
7 .0 0 0

143,000
4,000
20,000
40,000
1L.000
434,300

1897.
593.00C
4.000
507,000
8,000
174,000
1,000
200
s.ooo
154,000
4,000
53,000

1896.
706.000
U.OOO
717,000
17,000
101,000
6,000

1 2 ,0 0 0

24,000
16,000
3 U .2 0 0

4.000
418.200

200

9,000
1 2 1 ,0 0 0

5,000
3 9 ,0 0 0

189,5
954,000
6.000
9#0,Ov0
21,000
174,000
8.000
200
16,000
279,000
4.000
59,000
30,000
16,000
607.200

India
( ,
.
„ _,
jm rope
12,000
8,000
34,000
65.000
A mc-r. cotton afloat fur IS'roms. 1,019,000 922,000 808,000
519,000
Hr;izll..vc,. a (It for E fpc
57,000
53,000
65.000
59.000
sto.-l; Hi United States ports.. 1,315.801 1,087,128 1,252,023
977,014
stork In U. 8. interior towns.. 708,270 589 083 553,91 8 532,688
United Status exports to-day..
20,034
34 025
41 938
34.207
T o til visible supply......... 4,572,405 3.708.43B 3,8i.7.9/8 3.751.109
O f tbe above, totals of Am erican and other descriptions are as follow s:
A m e r ic a n —
Liverpool -took ........... bales. 878,OOC 491,000
573,000 811,000
<-m tlnontol-took* ................ 383,000 379,000
264,000
540.000
American afloat for tu rep e ... 1,049,000 923.000
803,000
519.000
state* stock.................1.315,901 1,037,128 1,252 023 977,011
lim.od Stales interior storks. 709.270 589,083 558 918 532.688
United States exports to-day..
20.034
3 4,025
41,838
34,207
Total Am erieaa............
4,3511,106 3,602,236 3,497,779 3,413,909
Kan I n d i a n . B r a z il, <£c.—"
Liverpool s t o c k - . ...........
95.000 102,000
133,000
143,000
London ntock . . ............
3.000
4,000
11,000
6,000
Continental ^tuck*......."...
40,300
39,200
77,200
67,200
India afloat lor E u ro p e ___
12.000
8,000
34,000
65,000
Egypt, BratU, Ac., afloat...
57.000
53,000
65.000
59000
Total Rant India, Ac___
213,300 200,200
320,209 _ 340,200
Total Am erican...........
4.359,105 3.5112,733 3 4*7,779 3,413.909
Total vi«il»le su p p ly ___
.4,072,405 3,708.43# 3,317,979 3,764,109
M iddling Upland, Liverpool..
Skiff.
3 qd.
4»3 d.
4»i,,d.
M iddling Upland. N e w York..
5580.
51-Vc.
s4c.
78.ec,
Egypt Good Brown, Liverpool
4!3, d.
6^,,
d.
61
.oilPernv. Rough Good. Liverpool
64,(1.
It
mn
nil
tf
inn
T
_
1
6nS
S
ia.
67,, d.
Broach Fine, LiverpooL"
aSa'
3 >4(1.
41)
d.
4>$a.
TinneveUy Good, Liverpool .
3>ad.
4 ii3i<l.
45,td

no’ow'bale?8 int° Oonttnentel P°rt®the Past week have

The above figures indicate an increase in the cotton in
■ffght. to-night of 853.969 bales ae compared with the same
t u o / i M r ' ' a, i’’ain of
hales over the corresponding
date of 1896 and an excess o f 818,296 bales over 1895.

THE

D ece m b er 3 1898.j

A t t h e I n t e r i o r T o w n s the movement—that is the receipts
fo r the week and since September 1, the shipments fo r the
week and the stocks to-night, and the same items for the
corresponding period of 1897 - is set ont in detail below.

Q u o t a t io n s

3T
—

j©

;

a

j ? | .......... I g ..........
CQ

“

j25;

: as
>■^ : :
>• • > ..........................

kC D* »>

to

CO

* -*X

CD

©»

I

c
O ooo’rf* <S
CO—■O -1 X —V CCCi »
CDQ0r-^<X'^ti-D’ OH‘ Ct-‘ O —tf-O^tOtOCJCCCOH-O C?»-JV if*.UX> S*&
COS)-0-qcCOCCOtOtOb0^3<DOQOO'-*<Jrfi-IO<OsOCOO>-‘ C5lCOCOC5

XX^IOCOO—C3«C*^IC0CB©tvO®~©C0C0:0X©O<jaiXC0XC©;^
- i © * * cs © c : ► **c i o» >-• x - v j o — c o o ® © c o to x ^ to ifh - J ii-X H -r fA c o ©

. §
COX'Tl.fc. —t-*tOi-‘ (-‘ ©tOtOt3 m
COto oi to to >-*O X Ok CC#*
i dcQC~© O *C 0 O *O »© C ltO C C C 5 O iX ^C Jii-* o » iP * © ifk X tO iU c O v > i© ! »
5
W©tCWNMiA.WtOHa'0©®COtOM*Jit©OvJ33COvJ033CO'0** ^Tso?
©tvX©>(A<l©ir*-i'c0if*©'4©©©COXCfl|U^if*if»XC»i|fkC5i#KltO05 * 7<3 »H* CO
t-co^-t- tOM —
H
^-•x 00otto COO ^M O W ® a )M ;O tO ^M H I jT 22
cio»aoci©rf-i rfkrO
COCIOtV. tol-O 0*0 VoV0 V3ololoco • o
tox COCOo j M<1
't —O
_____
O* tG OS *■*

X

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CO

cox: xcoococscocioco —t o o M M o a o t i C
o -i

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tc to x © © ;* © tc © co cc ** © <-“ -4 * - co

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ptON-tO»Ok-*k-H-*«-i ^|O .atC0 tv A-MOO | 9 M U t 3 ^ ^
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es i « V V c o V l o o V i V V l o l o V b » o o : o o c o x « o © » - * V c i© » o V b » a D ”o
ci
^ ■ o c o a o > ^ A a o iH ^ v r o t O Q D t o ® O M M Q c a o a w w o 'C ; c c
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0*H *-*4r-C : — iO O » ^ J t O © # » - © r - W X C :W X - * J W — © X 0 i © — 0 © © 0 [ >
O

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ite
a
ft §
ft
ft
ft 2
~
**• ft

—co©to»-'roi-*«o*-*-*©#kCOif>'tOiektoa> ^VAOMoiccco'OtOH £a> f

p co p c top *•
to w o © ao<i w »o © jc o a o» —p p oow a
bolo to o x o V a>V V lo u« to o o* o»lo coV oco c Vi ao o lo V lo V V V
c o o ^ o « e o ® u 'O c c c s o - x to —© to to x x - »c © < io o —© to©

©©©~tOXOi©**©X»OW©#Kl©©©#*-*©©©©if*rfa©tOp-*J
a »-

3n
&5

to

-©^©J^ —M*aO*jU|OtOCOjtk p^-*r-*pp»0 tw(kW^.
ft «c>;
ft 2 i
i^Ut:oyCD^tOC*-6.XM'irOCOa
^Jto- CCOi-HOC-C fr >; s
0?JU«-‘ -^i&.oitoO«^ltOOr-COCOX^IOXaCJ»H*W#»'ClCltfkO—c x
0 ^*11^*-* o V o a c j« b > c c c V VttCifloci to ©b»to x o» © o ‘t c V « b i a

e * * C C * J * l;

--J — • M O W 0 5 W a ! « W C 0 M t 0 C O ? i ^ ' J * - ' O ' J i t ‘ JI

go © © © © I ** **.
0 0 ^ * 1 0 Ji- yT to

c o flD ftc c c c to a io fflis -H M -o iu c o M x c M

C C O t O O O O ^ O O D K t k g Q X O X C l x x -1 CO

* Dast vtsu r'* #1
a r« for (3olurahla, 8. CJ
t A t St. Louis light-weight round bales now counted two for one.

The above totals show that the interior stocks have in ­
creased during the week 24,9.30 bales, and are to night 119,187
bales more than at the same period last year. The receipts
at all the towns have been 60,089 bales more than the same
week last year, and since Sept. 1 they are 592,573 bales more
than fo r the same time in 1897.
Over lan d M ovem ent

for th e

W

eek and

S i n c e S e p t . 1 .—

W e give below a statement showing the overland movement
fo r the week and since Sept. 1, as made np from telegraphic
reports received Friday night. The results for the week
ending Dec. 2 and since Sept. 1 in the last tw o years are
as follows.
1898.
D ecem b er 2
W eek.

S in c e
S ept. 1.

1897.
W eek.

S in c e
Sept. 1.

S h ip p e d —

V ia dt. L o u i s . . . . . . ................. .
Via C a iro ....................................

58,504
18,610

320,416
131,667

3,379
8,258
4,801
9,943

T o tal gross o ve rla n d .............. 101,555

V ia
V ia
V ia
V ia

Rock Island .........................
L ouisville............................
Cincinnati............ ..............
ith e r routes, <ho..................

26,367
41,084
34,300
59,126

41,940
14,936
500
1,164
3,098
7,351
7,198

350,771
137,713
5,553
14,675
30,131
32,385
53,849

013,560

76,187

625,077

171,711
7,643
16,757

23,823
816
3,086

121,066
8 ,792
14,398

D e d u c t s h ip m e n ts —

Overland to N. Y ., boston , <fco..
Between interior to w n s............
In lan d, «fco., from South............

24,633
352
3,880

Total to be d e d u c te d ...._____

28,865

196,111

27,725

144,246

Leavin g total net overlan d *..

72.690

417,449

49,462

480.831

* Including movement by rail to Canada.
T h e fo r e g o in g sh o w s th a t th e w e e k ’s n et o v e r la n d movement
th is y e a r h a s b e e n 72,690 b a le s , a g a in s t 48,462 bales for the
w e e k in 1897, a n d th a t f o r th e se a son to d a te the aggregate net
o v e r la n d e x h ib it s a d e c re a s e f r o m a y e a r a g o o f 63,382 bales.
1898.
I n S ig h t a n d S p in n e r s *
T a k in g s .

Week.

S in c e
S ept. 1.

1897.
Week.

S in c e
S ept. 1

Receipts at ports to Dec. 2........... 394,897 4,409,201 400.835 4,142,066
N et overland to Deo. 2.................. 72,690 417,149 48,462 480,831
Southern consumption to Dec. 2. 26,000 348,000 24,000
3<j0,000
Interior stooks In e x c e s s ...........

493,587 5,174,650 473,297 4,923,497
544,007
24,950 604,151 29,602

Came Into slg h td u rln g week. 518,537
502,959
Total In sight Dec. 2...............
5,467,504
5,778,80*1
N orth’n spinners tak’gs to Dec. 2.

95.880

745 349 112.133

M id d l in g C o t t o n

at

O t h e r M a r k e t s .—

Galveston.
N e w Orleans
M o b ile ......
Savannah..
Charleston.
Wilmington
N o rfo lk ___
Boston.......
B a ltim o re .
Philadelphia
Augusta___
M em phis...
St. L o u is...
Houston....
Cincinnati.
Louisville..

1LOSING QUOTATIONS FOB MIDDLING OOTTON ON—
S a tu r .

M on.

Tues.

5*16

5*8
51,8
4>b18

5H
5 lis
5
4 78

5k
5
5
47e

5
54,
5^8
5is
5 78
57l «
53,«
5tj
5H
5318
51,6

5
5k
5k
5 13
513JS
5k
53] a
53,.
5H
53,6
5ks

5
47s
41318
4%
4k
5*8
57, a
5%
5%
514

5>ia
5 is
5 *,6
53«
5>ie

47S
4i»ie
478
5^
513
513

57s
57ie
5hs
5H

5*8
5%
5i«

W ednes.

5k
5
5

415i8

41°18

T h u rs .

478
415,6

5

Ok
5916
5k
5*316
57ie
5k
5k
53is
5*16

F r i.

5k
5
5
4k

41o,8
5
5k
59,6
5*3
5k
5716
5k
53i 6
5k
53i«
5*16

The closing quotations to-day (Friday) at other important
Southernmirkets were as follow s.

C5»ck<l^>-*'JM*4t-i-*-JtOtOtO«OCOWCO WWCOCOCO.UtO!©**©*©*-*
•“•eooooocc tv >-*CO'e*<X**wOCDto *-**»►-COCOJOCOj>4X^_© ^ C5 O QOCOto
V 7-*x oTo m wVis w®
w o7-* rfk<j gd-^, cololobtatoVo'-o

H O an o w -

fo r

Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day o f the week.
Week e n d in g
D e c. 2

^

1167

C H R O N IC L E ,

907.628

A t la n ta ______ _
Charlotte_____
Columbus. G a.

1Columbus, Miss
5»is 1E u fa u la ........ .
5*8 |Little Rook___
5
1M ontgom ery...

4k
4%
5 lie

N atch ez....... .
R a le ig h ........ .
Shreveport......

5
41318
5k
4**16

R e c e i p t s f r o m t h e P l a n t a t i o n s .— The follow in g 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 o f the w eekly
movement from the plantations o f that part o f the crop which
finally reaches the m arket through the outports.
Week
E nd in g—

Oct.
Nov.
“
“
“
Dec.

28 ...
4 __
1 1 ...
18 ..
25 ...
2.

Receipts at the Ports. St'k at In terior Towns. Rec'ptsfrom P la n t ns
18&8.

1897.

1890.

407,383 374.137 324.737
450,181 307,032 304.983
449,7421411,6P5 289,700
410,042 411.80-1 315,717
422,057 390,053 313,526
894.897 400.835 205 902

1898.

1897.

531.284
578,525
625,073
637.233
683.320
708.270

309,055
398.258
442,355
503,190
559.421
689.083

1890.

1898.

448,288 401,735
461,249 498.422
458,280 501,893
502.484 428.1P9
530.031 468,144
558.918 419,847

1897.

1890.

418,216 325,870
394,235 317,944
457,702 288,743
472,144 359,915
452,280 841,073
430,497 294,78ft

The above statement shows: 1.—That the total receipts
from the plantations since Sept. 1,1898, are 5,013,352 bales; in
1897 were 4,686,673 bales; in 1896 were 4,259,197 bales.
2.—That, although the receipts at the outports the past week
were 394.897 bales, the actual movement from plantations was
419,847 bales, the balance going to in -rea-<e stocks at Interior
towns. Last year receipts from the plantations for the week
were 430,497 bales and for 1896 they were 294,789 bales.
W e a t h e r R e p o r t s b v T e l e g r a p h .— Our advices b y tele­
graph from the South this evening indicate that rain has
fallen in most districts during the week, and that in conse­
quence the gathering of the crop has been somewhat inter­
fered with. Picking is nearing completion in a number of
sections. The marketing of the crop continues very free.
Galveston, Texas.—Rain has fallen on four days o f the
week, the precipitation reaching one inch and fifty-nine hun­
dredths. The thermometer has averaged 57, and ranged
from 43 to 71. November rainfall five inches and sixty-five
hundredths.
Palestine, Texas.—It has rained on four days of the week.
The thermometer has ranged from 34 to 76, averaging 55.
November rainfall four inches and twenty hundredths.
Corpus Christi, Texas.—There has been rain on three days
during the week, the precipitation being seventy-six hun­
dredths of an inch. Average thermometer 60, highest 78 and
lowest 42. November rainfall three inches and sixty hun­
dredths.
Paris, Texas.—Since Monday last the weather has been
clear and bright. The thermometer has averaged 51. San Antonio, Texas.— Rain has fallen on tw o days of the
week, the precipitation reaching thirty-four hundredths of
an inch; minimum temperature, 38.
Brenham, Texas.—Recent rains have badly damaged cotton
not yet picked and retarded farm work greatly.
New Orleans, Louisiana .—W e have had rain on tw o days
during the week, the precipitation being fifty-three hun­
dredths of an inch. The thermometer has averaged 51.
Shreveport, Louisiana.—It has rained on four days during
the week, with rainfall to the extent of one inch and five hun­
dredths. The thermometer has ranged from 32 to 73, aver­
aging 45.
Columbus, Mississippi.—There has been rain on tw o days
during the week, the precipitation being sixty-seven hun­
dredths of an inch. Average thermometer 60, highest 80 and
lowest 28. November rainfall five inches and fifty-one hun­
dredths.
Leland, Mississippi.— W e have had rain during the
week, the rainfall being seventy-five hundredths o f an
inch. The thermometer has averaged 42’7, the highest being
66 and the lowest 26.

TH E

1168

IV itf- .r y , Mississippi.—There bus lieen rain on four day*
t f tin wreli. the precipitation reaching one inch and thirtyr».T hnadreoth*. The thermometer has averaged 43, ranging
from 80 to 67.
LiSSU bUvk, Arkansas.—W e have had nun on one day or
Cic w<-rk. She precipitation being nine hundredths of an inch.
The thermometer has ranged from 23 to 00, averaging 4".
Hr!r <. i, Arkansas. - The weather lias been too cold to per­
mit o f much work in gathering the crop. W e have had rain
on three days of the week, to the extent of forty eight hun
a r c r
»n inch. Average thermometer 38, highest 50
mu! lowest 2T November rainfall, three inches and thirtyrwo bund red' he, on eight daya.
,Va*Arii/e, T»nn. .'». r.— It has rained daring the weak to the
orient of twenty-five hundredths of an inch. The ther­
mometer ha» averaged 80, the highest being 45 and the
low eat 10.
Memphis, 7Vnfic.wc.—Picking and marketing are making
good progress. We have had rain on two days during the
week, to the extent of twenty-seven hundredths of an inch.
hennotneter has averaged 88, ranging from 20-3 to 58.
November rainfall three inches and twenty-two hundredths.
Xlihur, Alabama,—Cotton picking is making slow prog­
ram on acconnt o f the inclement weather. It has rained
cm two davs of the week, with rainfall to the extent of
«. venty eight hundredths of an inch. The thermometer has
ranged from <4 to 68, averaging 49. November rainfall
•even inchee and forty four hundredths.
Slmtyuuvrry, Alabama. —We have bad rain on two days of
the past week, the rainfall being forty-six hnndredths of an
inch, and it is raining to-day. Average thermometer 46,
highest 07 and lowest 20, November rainfall seven inches
and nine hnndredths.
Alabama,— But little progress has been made with
picking the past week, owing to bad weather. We have had
rain on two days during the week, the precipitation being
forty eight hnndredths of an inch. The thermometer has
averaged 19, the highest being 67 and the lowest 80.
Madison, Florida—Rain has fallen on two daya of the week,
to the extent of ninety hnndredths of an inch. The ther­
mometer has averaged 58. ranging from 83 to 75.
Savoni. /., ' Uortjta.—Rainfall fo r the week eighty-three
hundredths of an inch, on three days. Average thermometer
4". highest 69 and lowest 81.
.!:i;;•<!<fa. Georgia.—Picking is nearly completed in this
stetion. W e have had rain on three days dnring the week,
tiir precipitation being fifty hundredths of an inch. The
thermometer has averaged 45, the highest being 64 and the
lowest 20.
Charleston, Smith Carolina.—There has been rain on three
■lay* of the week, ttie precipitation reaching sixty-tliree hun­
dredths of an inch. The thermometer has averaged 48, rang
log from 80 to 60.
Statcburg, Smith ( 'arolina.—K illin g frost and ice last Sun­
day. W e have had rain on two days o f the week, the rain­
fall reaching forty-two hundredths o f an inch The ther­
mometer has ranged from 25 to 65, averaging 42'6.
Hr, rnirm il. Smith Carolina.—Knia has fallen on two days
of the week, to the extent of sixty-two hnndredths o f an
inch. Average thermometer 33. November rainfall three
inches and eighty-five hundredths,
WTfjion, Xorth Carolina.—Cotton is coming in freely, bnt
fanners are badly behind in picking. W e have had rain on
two d a n luring the week, the precipitation being eighty
hundredth* of an inch. The thermometer has averaged 40,
the highest being 38 and the lowest 26,
Tin* following statement we have also received by telegraph,
showing the height of the rivers at the points named at
' o'clock December 1. 1898, and December 2,1897.
-Pec.
K#.w Orleans.
Mr
., ...

i* ...

A

.............A Unv f- aero o f ftaugft.
,.„ ..,..A b O V O M M o f
i n r o o f K a iu ? e.
to r e o f jr a u * ? .

l e x a n d r ia

R e c e ip t s

S h ip m e n t s

and

Feel,

e*i
10*5
e-4
4’0
16*5

VMalwjf*,..,,
*

1, '9 8 .1Pec. 2. '97.

Feu.

33
33
1*3
*20
* 0*8
of

T h i* k M * ...

I H 9 ),

i 59,000

2,100,000
1 T h is 1 S in ce
: vH4-k. S ep t, 1.

Report*

l a 07.

j

300,000
2.720,000
T h is
weeit.

S in c e
S ept. \.

I n d ia C otton M o v e m e n t fr om a l l P o rts .— The receipts
of cotton at Bombay and the shipments from all India ports
for the week ending Dec. 1, and for the season from Sept. 1
to Dec. 1 for three years have been as follows:

1*96.

310,000

2 , 885.000

T h is I S in e
week. \8epL 1,

1897.

1898.
R e ce ip ts a t —

S in c e
S ept. 1.

W eek.

12,000

C o n ti­
n e n t.

G re a t
B r ita in .

Bombay—
1808......
1897......
1896......
Calcutta—
1898......
1897......
1896......
Madras—
1898......
1897......
1 8 9 6 .....
All others—
1893......
1897......
1896......

41,000

2,000
2,000
5,000

1,000
........

S in c e
S e p t . 1.

26,000

153,000

C o n ti­
n e n t.

1,000

1,000

1,000

Cotal all—
1898......
1897.-..
1896......

G re a t
B r ita in .

T o ta l.

2,000
2,000
5,000

W eek.

S in c e S e p te m b e r 1.

F o r the W eek.
E x p o rts
fro m —

1896.

S in c e
S ep t. 1,

W eek.

112,000

30,000

Bom bay.........

T o ta l.

1,000

29,000
11,000
75,000

30,000
11,000
76,000

2,000
2,000
2,000

9,000
5,000
7,000

11,000
7,000
9,000

2,000

2,000

2,000
2,000
9,000

6,000
5,000
10,000

8,000
7,000
19,000

3,000

3,000

2,000

2,000

4,000
5,000
10,000

32,000
16.000
27,000

36,000
21,000
37,000

7,000
2,000
7,000

7,000
3,000
7,000

9,000
9,000
22,000

76,000
37,000
119,000

85,000
46,000
141,000

According to the foregoing Bombay appears to show an
increase compared with last year in the w eek’s receipts of
18,000 bales. Exports from all India ports record a gain
• f 4,000 bales during the week and since September 1 show
an excess o f 39,000 bales.
M a n c h e s t e r M a r k e t . — Our report received by cab le
to-nigbt from Manchester states that the market continues
firm for both yarns and shirtings. Spinners are considered
to hold small stocks of yarn. We give ths prices for to-day
below and leave those for previous weeks of this and last
year for comparison.
1898.
32* C o p .
T w is t.

Oo.28
N o y .4
" 11
" 18
“ 25
Doc. 2

a.
59rs
58,8
59,6
58,a
5%
5%

d.
0 6 *9

06%
06%
06%
06%
06%

1897.

8% i b t . S h i r t ­ O o tt’n
in g s , c o m m o n M i d .
TTplds
to f in e s t .

s.
4
4
4
4
4
4

d.
e. d
0 0 6 6 *9
0^2 76 7
0% ® 6 7%
0 % »6 8
1 06 8 %
1 06 9

d.

32* Cop.
T w is t.

8% lb s . S h i r t ­ O o tt'n
in g s , c o m m o n
to f in e s t .

s.
d.
07% 4
07% 4
071,0 4
4
3 x33 515,0 07
33aa 5 % 0 6 1 5 ,e 4
5 1 3 ,a- 6 1 5 ,R 4
3^
d.

ri
e 666 ll ,, es
3

d.
1
1
1
1
1
l

a.
06
06
06
06
06
06

d.
8
8
8
7%
7%
8

M id .
U p ld s

d.
31533
3%
3*82
3%
3%

B r a i s l a n d C o t t o n M o v e m e n t . — W e have r e c e iv e d th is
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movem ent fo r the w e e k , The
receipts for the w ees ending to-night (Dec. 2) and since
Bept. 1, 1898, the stocks to-night, and the same it e m s for the
oorresomdine reriods o f 1897, are as follow s.
1898.
R e c e ip ts to D e c. 2.

T h is
w eek.

1897.

S in c e
S e p t. 1.

S to c k .

S in c e
T h is
w eek. S e p t. 1. 1898.

1897.

S avan n ah ....................
Uharleaton, & o............ .
Florida, &c......... —......

3,055
507
405

32,318
2,976
2,426

4,174
1,058
508

33,347 22,736 27,110
5,582 3,042 5,467
2,210 3,628
435

T otal......... ................

3,967

37,720

5,740

41,139 29,406 33,012

To. exports (or cbe week ending this evening reach a toi l
if 900 hale*. of which 875 bales were to Great Britain, 25
to France and — to Reval, and the amount forwarded to
Northern mills has been 1,640 bales
Below are the expor's
for the week xnd lince September 1 in 1898 and 1897

C o t t o n .—

Through arrangement* wo made with Messrs. Davis, Benacbi
4 Oo., o: Liverpool and Alexandria, we now receive a weekly
aable of tb « movements o f cotton at Alexandria, Egypt. The
following are the r. onipt* and shipments for the past week
an : forth*- con*** mending week o f the previous two years.
A te & o n d rm , figt/pt.
sT*rrfJHbtr 3 J

[Voi. LXVII.

C H R O N IC L E .

W eek S n d i n g D e c. 2,
E x p o r ts
fro m —

S in c e S e p t. 1, 1898.

G r e a t F r ’ nce
O r c a l F r ’n c c
T o t a l. S r i t ’n .
T o ta l.
B r i t ’n .
<»c.
tic.

Savannah...
Oharl’t’n A c
Florida, &o.
Kew York..
Boston. . . . .
Balt., Ao—

........

T o tal.......
Total 1897..

500
375

........
25

........

1,544
341

1,266

2,810
341

S o r t h ’ n M i- s.
Week

£<nt>e
Sept. 1.

405

7,134
311
2 ,4 ’6

1,235

........

525
375
........

1,532
481
........

........

875

25

900

3,898

1,389

5.787

1,640

9,871

75

427

502

5,595

2,017

7,612

1,655

7,911

(523

2,155
■131
— -

A considerable portion o f the Sea Island cotton shipped t °
foreign ports goes vis New York, and some small amounts v ia
17,009 101,000 13.000 116,000 13,000 433,000 Boston arid Baltimore. Instead o f including this cotton fo r
19.000 #4,000
9,000 101,000 12.000] 90,000 the week in which it leaves the Southern outports, w e follow
the same plan as In our regular table o f including it when
27.000 190.000 22.000 217,000 .24.000.223,000
Actually exnorted from N ew Y o rk , &c. The details o f the
shipments of Sea island cotton for the week w ill be found
4 cK«nf*a In 18 9 8 * 6 ,4 9 2 b a l e * ; l a 1 3 9 7 , 1 2 ,3 6 7 bal^R*
sJdA,
*
* under the head “ Shipping News,” on a subsequent page.
Quotation* Dec. 2 at Savannah, for Floridas, common,
w s that the receipts for the week ending 8,’ £c.; medium fine, 9%c.; choice, 13c.
-inturn and the shipments to all Europe
Charleston, Carolina*, medium fine, 17 to 13c.: fu llv fine,
31 to 23c.: extra fine, 40 to 50c.

TH E

D ecem ber 3 1898. |

C H K O N iC L E .

Cotton C onsumption and O verland Movement t o Dec . 1.
— Ia our editorial columns to-day w ill be found our usua!
overland movement report brought down to December 1.
Soudan Cotton.— Recent cable advices state that 17 bags
of cotton, grown in the French Soudan, but not ginned, have
been aim itted to the Havre Chamber of Commerce as an
-experiment. Some of the cotton is reported to be of very good
quality, aud it is said that the C03t of production, packing
and freight did no: exceed 2>£d. per pound.
Ne w Y ork Cotton E xch ange .—The proposed amend
ments to Section 81 of the by-laws were balloted upon Wed­
nesday, N ov. 30, and defeated. The vote was: In favor of
amending, 27; against, 60. The proposed amendments were
printed in the C hronicle of N or. 12, page 1016.
The Augusta (Ga.) mills started
up agaia on Monday, Nov. 28, with a small force, b i t after
running two days the attempt to operate was given up, as
the strikers remain firm. T o day the Sibley, King, Isaetta
and Langley mills are closed again. It has been announced
by the otfi rials of the King, Langley, Sibley and Isaetta mills
that t h e y will not be run again until the operatives signify
their intention of resuming work under tae reduced wage
scale. The W arwick M ill, the smallest in Augusta, is runniug, Mr. Clark, the proprietor, having withdrawn from the
Southern Manufacturers’ Association, and restored practically
the old scale except a cut of one cent a side on spinners.
A

ugusta

(G

a

c o m p a r a t iv e

.) S t r i k e .—

T

ort

ttaompTs

d a il s

drop

M

ovem ent.

H6y

T ns icaoein m i iho ws that the receipts since Sept. 1 up to
to-night are now 323.703 bales more than th ey w ere to the
same day o f the month in 1897 and 666,512 bales greater than
they w e re to the same day o f the month in 1896. W e add to
the ,aole the percentages o f to ta l p o rt rec e ip ts which had
been re c e iv e d to Dec. 3 in each o f th e y ea rs named.
T * s E x p o r t s o f C o t t o n from N ew Y o r k this week show an
inoreass jnnpared with last week, the total reaching 26,937
bales, against 21,132 bales last w eek . B elow we. g i\ i u r
u s u a lt»i a. iq o w ing the s sports o f cotton fro m New V rs,
andtha li-a c tio n , fo r each j f th e la s t fo u r w eek s; alsi the
titalexports and lire c tio n since Sept. 1,1898, and in t.b. last
oolumn th > ;ota l fo r the sam e period o f the previou s y e a i.
RXPORTS OF (JOTTON (BALEIS) PROM l a w lim it mMIBBBPT. 1, It? 8.
W eek E n d i n g t iz p o r te d to —

18

11.
Livnrpool . . . . . . . . . . . .
>cner British porta.
T o t . to Gt . B r i t ’s .
H a v re ........................
O ther French poits..

9,552

T o ta i
t in e e
S ep t. 1.

Dec.

N o v . i Nov.

2.

498
918

Savp e ru d
p r e v ie w
year

8,878 10.110
3,181 7,788

78,113
21,844

77,151
20,812

9.952

1,414 12,059 17,898

99,957

97,963

548
........

1,582

721
200

7,570
262

17.826
1,150

AGO

779
62

—

T o t a l F r e n c h ___

548j 1,582

811

924

7,832

18,976

Brem en.....................
H am burg..................
Other ports...............

25
6,339
365
2,200
977! 4,585

2,450
1,412
1,444

3,C02
664
2,774

38,4>1
9,029
14,741'

28,921
4,831
7,175

T o t . t o N o .E u r o p ii

9,516| 4,975

5,306

6,440

62,221

40,927

Spain, Ttaly, A c ........
A 11 o t h e r................. .

1,150 2,768
........|

2,976
........

1,655
20

24,760

21,355
2,500

20

— A comparison o f the port m ovem ent by weeks is not
24,780
accurate is the weeks in differen t years do not end on the
23,855
T o t a l 8>-a i s , A c .. 1,150| 2,76* 2,97f 1,675
aauir lay of them onth. W e have consequently added to our
2*.166 10.739 21,182 26,937
194,790 181,721
G r a n d T o t at .
other Handing tables a d aily and m onthly statem ent, that
th e reader may constantly have before him th e data for
T h e f o l l o w in g a r e t h e G r o ss r e c e ip t s o f C o ttvt st
s 'e i'ig t i e exact relative m ovement fo r the years nameo New I irk, -3 iston, Philadelphia and B a ltim o re fo r tY • pat1
The u m tnly movements since September 1, 1898, and ir week, iud since Septem ber 1, 1898,
p —Tunis rears, have been as fo llo w s;
N IW YO R K .
Uom/tty,
Heceip/t

H ear B e g i n n in g S e p te m b e r 1.

1697

1898

1898.

1895.

1894.

1893.

8 ipt’mb’r 697,784 788.702 912,486 383,886
518,762
377,408
O jtoh e r.. 1,735,660 1,424.907 1,468,51*' 1,202,46c 1,622.664 1.311,279
N ovem h’r 1,861,619 1,776.907 1,286,251
1.607,662
912,759
1.272,776
T o t a l...k .295.083 1,938 516 3 667 253 2,499,105 3.749,088 2.961.543
P ’oent'ge of cot.port
receipts Nov. 30..
45-67
53-80
46-32
47 57
49-50

This statement shows that up to November 30 the receipt8
at the p in , a this year w e r e 303,547 bales more than in
1897 uid 637,811 ulna g eater than in 1896. By td d in g to
the t itala in Sept. 30 ht d a ily receipts since that time we
shall os m ie m react) an -*< i •r, e > u cariso o o f the m ovem ent
fo r the d ifferen t years.
1
1898.

1897.

1896.

1895.

1894.

1893.

To.Oot.31 2,1*3,444 2,211.609 2,331,002 1,586,310 2,141,476 1,683,0*7
N ov . l ...
71,483
8.
66,050
34,562
50,976
42,114
“
2 ...
57,269
75,49 (
54,94®
36,221
24,720
71,328
“
3 ...
56.493
53,8 >0
50.908
8
53,404
42,979
44 4 ___
83,951
57,044
51,47J
44,105
8.
38,292
“
5 ..
37.877
77,002
41,254
83,773
33.149
8.
“
6 ....
8.
58,619
09,862
32,209
62,805
53,407
“
7 ..
8.
6^,759
61,770
37,960
2 -.230
58,417
“
8 ..
68,079
81.156
8
41,199
49.331
44,203
44 9 ...
73,298
82,299
89,064
47,580
2 i,960
32,263
“ 10 ...
«1,501
58,41)4
8.
49,622
54,363
56,372
44 11 ...
107,148
62,552
41,334
39,507
8
39,017
“ 1 2 ....
55,700
81,563
45,709
8.
39,845
80,159
“ 13
8.
56,725
67,501
32.100
57,397
58,8a5
44 14 ..
"r.oop
38,729
25,317
8
5 5 ,5 7 5
55,073
44 15
79,082
79.504
66,512
8.
40,760
56,084
“ 16 .
76,227
68.391
2 7,492
57,889
66,398
40,263
4* 1 7
5\711
59.628
57,328
8.
47,309
66,064
55,163
“• 18 .
‘•2.748
38.062
41,415
42,217
8.
44 19 .
66,303
84,062
48,020
37,952
8.
71.109
41 20 ..
60,052
36,13 S
75,639
8
64,97 L
68,02®
44 21 .
78.139
8.
25,921
43,145
53.343
48,819
“ 22 .
77,033
7>\147[
43,514
8.
47.033
38,803
44 23
89.0)4
66,540
25,327
61.903
73.295
39,478
“ 24
50,199
65,317
8.
46.502
55,632
52,194
44 25
82,934
43.419
17,136
92,172
8
53,212
27,574
44 2 6 ....
54, >62
32,692
54,707
8.
70.386
44 27 .
3
62 501
63,878
36,731
56,06 4
62,886
44 28. ...
8.
71.7 ’6
49,634
19,071
50,840
57.7*5
44 2 9 ___
74.8081
83,337
8.
38,556
39.291,
58 485
44 30 ...
00.4 H4 107.9991
62,64®
3 J,555
59,248
86,257
To. Nv,30 4,295,06 3,988,516 3.687,253
Deo. 1 .
45.164
48.583
43,081
44 2 .
- 5 36
51.318
32,355

2 , 1 9 9 , 1 0 5 !3,749,088

8. (
36,184

44,421
8.

This
34ne e
*o**k. S t p t . u

2,901.453
32.197
47,377

Total . 4,409,201 1,085,498 3,742,689 2,525,2:9 3,793.509 3,041,0 27
P ’oent'^ft of tot port
receipt* Dec. ?___
4709
5 4-9D
48 13
4681
50 82

T e xa s.
Bavann’h Ac
Mobile
Florida .
80. Carol in*
No. Carolina
Tlrjflnla....
Tenn., Ac...
Foreign......
Total..
...............

.

6.327
7.59S

61,377
83,942

BOSTON.

P h il a d r l p h ’a

T h is I Sinct
Since
T h it
*0**1r. 3 *v t. 1. X06*k. [ S evt.
7,000
5,991

24,807
54,770

10.176
334
41.113

2,246
25,:fi5 2,789
9,224
85,350 4.346
100
48,102 11,683
2.174
881

‘-•Ft

.

.........

4.170
.........

405
1,635
300
7 73‘»

Ba l t im o r e .
Thi

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

31.8)6

....

2P.397
...

...

41,232

2,065

0,000

58,480

.........

89,134
5,399

J,814

13,4)7

1,008

6,071

....

333,114 35.693

250,208

1,814

15,512 14,178

04,504

499.7*0 tM.gml

240,78*

2,P03

31,836 in.325

81,026

J u t e B u t t s , B a g g i n g , & c\ — The demand fo r jnte bagging
duriDg the week has been fair. Quotations are unenanged
at 6igC. for \% lbs. and 6J£c. for 2 lbs., standard grades.
Car-load lots of standard brands are quoted at 6UJe. for \%
lbs. and 6V£c. for 2 lbs., f. o. b. at N e w Y ork . Jute butts
continue very dull at -90c. for paper quality and l% c . for
mixing. From Messrs. Ira A. K ip & Co.’s circular we learn
that the deliveries of jnte butts aud rejections at N ew York
and Boston during Novem ber were 145 bales, against 30,388
bales lor the same month last year, and for the eleven months
deliveries rea -bed 369.564 bales, against 347,118 bales in 1897.
The aggregate stock in the hands of importers and specula­
tors at N ew York and B iston on Novem ber 30 was nil against
nil at the corresponding date in 1897, and the amount afloat
for the United States reaches 35,040 bales, against 85,606
bales last year.
#
S h i p p i n g N e w s .— As shown on a previous page, the
exports of cotton from the United States the past week have
reached 313,878 bales. The shipments in detail, as made up
from mail and telegraphic returns, are as follows:
T o ta l b a le r.

N s w Y o r k —T o Liverpool, per steamer Georgio, 9,610 upland
and 500 Sea Inland................................................................ 10,110
To Hull, per steamers Bogstad, 32 > ...Chicago, 4,46-1___
Francisco, 1,330 .........
6,622
To IVfancU -ater, per steamer Maskelyne, 1,166 ...... .............
1,166
To Havre, per steamer La Normandie, 699 upland and 25
Sea Island .......................................
724
To Dunkirk, per steamer Rritaunlo (additional), 2 0 ) . . . . . .
2 'O
To Bremen, per steamers Barbarossa. 3,002...... ..................
3,002
To Rotterdam, per sceame s Statendam (additional), 164
...T u rret Bell. 500.......... ...................................................
664
To Antwerp, per steamers British King, 9 4 J ...Kensington,
1,399 ...................
2,348
To Gottenbnrg, per steamer Undaunted, 4 26........ .............
426
To Genoa, per steamer Aller, 4^5.............................. ....... .
455
To Trieste, per steamer Powhatan, 700 ................................
700
To Veoice, per steamer Peconio, 500.....................................
500
To Bombay, per steamer Newstead, 20..................................
20
N b w O r l e a n s — ro Liverpool— Nov. 26—Steamer European,
17,300 ...N o v . 23—Steamer Craftsman, 12,815___ Nov.
2 "— steamer Engineer, 4,621...................
34,806
To D unkirk—Nov. 3 0 -Steam er Tugledeld 1 .9 J 0 ................
1,900
To B rem e n -N o v . 25—Steamer Hounslow, 3,324....N o v 29
-Steam er Africa. 4,196.......................................................
7,520
To Barcelona—Nov. 3 0 -Steam er Borenguer el Grande,
5, -85__ Dec. 1 —Steamer M iguef Jover, 4.500.................... 10,385
To Ferrol—Nov. 30—Steamer Borenguer el Grande, 100 ...
400
To G en oa-N o v . 30—Steamer Berenguer el G rande, 2,500..
2,500

I'H E

11 70

C H R O N IC L E .

T o ta l b u ls t

.<>

0,2 *9
......... 29,356
Larriilfttfa,

to IU li, 6,466: CrMinoUiOivin,

$0:

earner Au«u»ltn* ilt

r* tfrmlk, 9,153; W
«**
(o r , 50—0!
. 9,933.
: Jfjftf- . (! - 8 l
tier BHumknvoti, 2,
[>4. ;;,4 7 8 ......
St*Mim«5f Ariosto , 0.014
1Atrch field. 6,052- -,_.Nov. 29 —8t©ata

.............
11,477
tio Jacket,
______ _____ 25,270
3(3 ...N ov.
.............
5,914
.NOV. 2 8 -

19,057
mier Koma, 3 4 9 ....Nov. 3 0 ...........................................
55,4
r
noartl*.
(it f4UX**’■
htcu&ijj*?r Biaenavon, 3,242..........
3,2-12
T o *i Holit - N ot , 24—1
• y-t* .unev HtoUiooud.CtM-Uo, 3,289.... 3,2*9
T o A a lm IT? - Nov,
tw Ktftter am—Nov. 25 ■Mr.tiiii-r A rat'd. 2 .4 9 5 .............. 2,495
418
ooiwt** Qua 1ITT1. AC,—T‘u Mexico, jw r railroad, 418......
MoiMLft—T o ut© n »oo l - •Nov. 20~8t«am © r Giro brio, (>,441...
14,211
N o t , M i—Biejuuor 3Meridian* 7,707. .........................
5,273
T o Mwiel !te*t©r—N ot . 20-S tea m er Kookoliffo, 5,273 ....—
f t m a t u - -To U^CTpoK)l—N ov. 25—Steamer Euekaro, 3,885
, 4. . d « .. 2—SdtfiiCir Alicia, 3,800....................................... 7,685
4,600
ToBrem*>n Nor. 26 —Steamer Arcoiuac, 4,090...................
- N ov. 26 -Steam er Madura, 8,586 ...
S i f i j m i i i -T o
H itler**. 4.999___ N ov. 30—Steamer
Cfo-iuet, 5,o50 7 ..............
19,535
B » r s * w k K To Liverpool Dec 1 Steamer Lfttona, 7,044.... 7,044
5,600
CnaaiJfc^ToN - T o Bren en—Nov. 2u—Steamer Theresa Heymanu. 3 ,7 4 7 .............
3,747
Ww -w i w t o v - T o 1J v <-r poo! —N ov. 28—Steamer Amaranth,

.....

J. } r- m • i. Nov. 30 - Steamer Chut burn, <*,014................
To ]Liroe!or..-v—Nov■. 2s -Steamer Narauju, 2,917....... ........
02 ...

6,014
2,947

Nor 23—Steamer* Canada, 2,969 upland and 275 Sea
id and 100 8 ea Inland....
N or. 29—Steamer K a i l a s 4.310 — . . . . . . . . . . . . . . . . . . . . . . . . . 18,655
T. Varum 'A h -N o v . 25—Steamer Boston, 172___ N or. 29—
s e n i o r Boston. 127........................... ............... ...............
599
■ amer Ulatermore.
- St oner Ik ml, 2,201__________________
6,101'
To CfY-mctj Nov. :to Steamer Wlllehad. 1,903...................
1,903
To A nt >trr j> Nov. 22—Steamer EnKliah KiOff, 1 .................
1
F n n _u ou
To L im rpooi—Nov. 25—Steamer Rhynland,

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

...

l5>jKT*..»vt». M l T o Liverpool—Nov. 20 —Steamer N u midi an,
I.n.Vi___Dec. 1-S team er Georgian, 1,647.................. .
F i u h .-.-tsv-o To Japan—Nov. 23—Steamer Shantung, 800
»ni
1 optic, 000......... ...........................
T acmm 4 - T 0 Japan—N o v . 29—Steamer Olympia, 1,805............

1,000

Boatoti___
Hai U.Tinrr
m r< ip |p 4a
PonlM .M c
Ban Ffjm ..
T aw R ia . „

924
17,69
34.006 1*900
40.813 31.1-4
......
1P.484 . . . . . .
7,0-5
_____
7,094
........
16,050
1«,655
6,104 . . . . . .
1,000 . . . . . .
3.606
..****
........

3,002
7,520
19,611
......

3,138 1,655
........13,235
9,0i6 ........
___ _
_____ _____
_____
4 6 0 _____
19.535 _____ ____ T
5,000 ............... ....
3.747
6,014
2,947

1,400
1,805

1,903
......
......

i ........
............... ....
........ . . . . . .
......
....................

T o t a l.

26,937
57,511
....... 100,6 4
418
19,484
12,485
19,535
12,644
3.747
...................
25,611
599 ___ _
19.254
8,008
1,000
3,606
........ 1,400
1,400
1,805
........ 1,805
20

X o v . 11

Sales of the w eek ......... bales.
O f whloh exporters to o k ...
O f whloh speculators took.
fa es A m e ric a n ....................
lo tu s export....................... .
F orw ard ed .... ......................
Total stock— Estimated.........
Of whloh Am erioan—Estin’d
total Import of the w e e k ____
Of which Am erioan.............
Im ount afloat,.......................
O f whloh Am erioan .............

X o v . 18

6^,000
2,400
1,200
60,000
9,000
66,000
692.000
611.000
131.000
124.000
481.000
482.000

X o o . 25

81,000
2,200
4,200
75,000
5,000
107.000
792.000
707.000
213.000
193.000
496.000
495.000

D ec. 2.

65.000
1,000
6.600
53.000
5,000
79.000
973.000
878.000

70.000
•4,300
10,300
61.000
7,000
72,000
8 46,000
750.000
133.000
125.000
487.000
436.000

211.000

195.000
441.000
410.000

The tone of the Liverpool market for spots and futures
each day of the week ending D -c. 2 and the daily closing
prices of spot cotton, have been as follows.
S p ot.

Market, )
1:45 p. m .J

B a l'd a y .

Quiet.

aid. U p l’ds.

33:i2

Jpeo. & exp.

8,000
1,000

S u tu r e s .

Market, i
1:45 p . m . j

M o n d a y . T u e s d a y . W ed1d a y . T hu rsd a y

Fair
business
doinir.
3®32
12,000
1,050

Fair
business
doing.
3B.,1
12,000
1,000

Quieter.

Barely
steady.

F r id a y .

In buyers’
favor.

Easier.

3%2

3%

3%

10,000
500

10.000
1,000

10,000
1,000

Quiet at Steady at Br'ly st’dy Quiet at
2-04 ad­ partialiy partialiy
1-0-i de­
vance.
cline.
1-84 dec. L-64 dec.

M arket, i £rre*rular. [rretfular.
*. P. M. j

Barely
steady.

Easy at
i-64 de­
cline.

Steady at
1-64 ad­
vance.

Steady.

Steady.

The prices of futures at Liverpool for each day are given
below. Prices are on the basis of Uplands, Low Middling
olause, unless otherwise stated.
r y T h e p r ic e s a r e g iv e n i n p e n c e a n d 64 ths.
2 63-64(f., a m i 3 01 m e a n s 3 l-64d.

.......

418
_____

S a t.
JYop . 26 to
D zc. 2

2 63 means

Thus;

M on.

Tne*.

Thun.

W ed.

P r l.

12 hi 1 1:45 4 1:45 4 1:45 4 1:45 4 1:45 4
P.M. P. M. P. M. P.M. P.M . P.M. P.M. P.M. P.M. P.M. P.M. P.M.
d.

d.

s' i i

York.
N . OtlCMkOT.
O ttim ton .
Cor, C., Ac
MottUc.....
Bcia*aooi».
BaTAonah..
Brun*® irk
C baric* Ion

LIVE R PO O L.— B y cable from Liverpool we liave th e f o l l o w ­
i n g statement of the week’s sales, stocks, &o., at that p o r t .

3,606

Total.
.313.879
The p&rticaLtrs of the foregoing shipments, arranged in.
ur ostial form, are as follows.
G rea t F re n c h Qer~ —O th .fT r o p c -s M e x ic o ,
dr,. J a p a n .
B r iC n . p o rts . mevny. N o r th . S outh.

I VOu. LXVII.

3 02
3 01
3 00
3 00
3 00
3 01
3 02
3 03
3 03
3 04
3 05
3 05

d.

d.

3 03 3 07
6 02 3 05
3 00 3 04
3 01 3 04
3 01 3 01
3 02 3 05
3 02 3 06
3 03 3 07
3 04 3 07
3 05 3 08
3 05 3 08
3 (6 3 0J

d.

d.

d.

a.

d.

d.

3 06
3 04
3 03
3 03
3 04
3 04
3 05
3 06
3 07
3 08
3 03 08

3 06
3 04
3 03
3 03
3 03
3 04
3 05
3 0*
3 06
3 07
3 07
3 07

3 06
3 04
3 02
3 02
3 03
3 03
3 04
3 05
3 05
3 06
3 07
3 07

3 03
3 02
3 02
3 02
3 03
3 01
3 04
3 Q5
3 06
3 06
3 06

3 04
3 02
3 02
3 03
3 03
3 04
3 05
3 06
3 06
3 06
3 06

3 03
3 02
3 02
3 02
3 03
3 04
3 04
3 05
3 06
3 06
3 06

d.

3 07 3 06
3 08 3 05
3 05 3 03
3 05 3 03
8 05 3 04
3 06 3 04
3 06 3 05
3 07 3 06
3 08 3 06
3 0 J 3 07
3 09 3 07
3 09 3 07

d.
3
3
3
3
3

04
03
03
03
04
3 04
3 05
3 06
3 07
3 07
3 07

B R E A D S T U F F S.

F r i d a y , December 2 1898,
Business
in
the
market
for
wheat
flour has been quiet and
......
no changes of an important nature have occurred in values.
T o U 4 ....173,745 34,008 71,532 12,405 17,887 1,037 3,205 313,879
The demand from exporters has been spiritless, their pur­
To Japan since September l shipments have been 14,161 chases being of an unimportant nature, and the demand from
bales from tTiciilo Coast,
H i - ,v ac give nil Hewn received to date of disasters to the home trade has continued light, as jobbsrs as a rule ap­
pear to have their wants supplied for the present and see
m b c ftfr .
iQ from United States ports,
a u o k io »«3a t k , *t«Am «r (Br.i. from Galveston. aoe “ Oakileld."
nothing in the situation to induce them to add to their pres­
C a t o B u > ' o , M«uum»r (B r.), from New Orleans. which arrived at
ent holdings. The demand for rye flour has been limited to
Antwerp. Nov 23. with 1,341) bales of cotton, reported she
eacouniertMi v<*ry boisterous weather on the passage and sus­ peddling lots, but values have held to a steady basis. Buck­
tained wrap damage about the deck.
wheat flour has been sparingly offered, and prices have been
L i»»o a w , * if im rr Hr.*, from Charleston, with 10,197 bales of cotton,
ha* arrived at Bremen, and reports while at sea {Nov. 19) a lire
well maintained.
Corn meal has been quiet and without
!.r ^ « nut on board in No. 3 hold. Fire was extinguished, D am ­ changes.
age uoki>owt»r
Speculation
in
wheat
for future delivery has been only
♦ u » « i * r , at Galveston. for New York and Boston. A fte r
moderately active and no decided changes have ocourred in
vBif (ir,:
a ll night Into No. 3 hold of steamer M atte* wan
pMkforo reported ua flr«K hatches were ratted on the morning of
values. Advices received from tbe foreign markets have
t>cr } and .50 bains between decks discharged and no trace of
not been of a nature to create speculative activity. The ex­
fira dl*eorerod
Vessel redoadln*.
port demand has continued fairly brisk, but this has been
U iK - v ! )., *tcsii-i.'r 0.aU Ai'Jor**at«), from Galveston, w ith 9,9 *4 bales
■■it
arrived ;»t Liverpool Nov. 27, It is reported that
offset by a free movement of the crop in the Northwest and
pyrtfoa In No, I bold is on 8 if.
on Tnesdav and Wednesday there were fractional declines
S h t . st m *.
(8 r i. rmq, Pnrt Hoy ill. Nov. 0, for Liverpool,
under liquidation by longs and the absence of aggressive
«mJ, 0,342 b * l* » of oottoli put Into Qum nitowu Nov. 20 to coal.
»
P f i r M h *A dvvk. , wept n.i'f other dinnhga; .nipped a
buying. Increased official estimates of the Russian crop
f./saritur
wat-T. which got into the hold* and It Is feared part
have had some influence against values. Business in the
o f feer cargo 1
* damaged.
spot market has been fairly active, as the demand from ex­
OfttoR freights at Ni.*f York the past week have been porters here and at outports has continued, their purchases
f u l l n i±- u
daily being in the neighborhood of 1,000,000 bushels. To-day
there was a quiet but steady market, as there were no new
1 B o ln r .
ifo n .
A m u
W rd n e i T h n rs .
F H .
developments in the situation to stimulate trading on either
side. The spot market was fairly active and steady. The
U T arp d o I^a
s*W*
gales for export here and at ontports were 520,000 bushels.
35#36* ’ 350381 35 0361 35U30I 359361
D o
Ja a .4

_.

35*361
401
401
*01
*01
40
301
39 »
38t
381
38
1 1
081
flafr.L j j - r , .
351
851
351
35'
351
A m m tH w *, . . . c j 8 7 **i
37 *81
8 7 HH
371*1
37 V
37>*1
m
fv,..?.
M
H
50f
BATftL- f . )f a
50*
501
501
cot
40 s
D o
T. lift
46*
461
*61
*81
48)
|
37%
’
37m
» 7 M
3“ **1
87 ki
37 • *
ttiM M M a . . TTT
451
45*
45»
*51
45 1
451
4^9&0| 45 950’ 45 9501 *5*501 *5*501 45 *501
-. *
*14
j
3n
7*sf j
7.#.
H a T T A * . ______

® r * te * s „ .* * .....e j

401
381

DATLT CLORINO PRICES OP NO. 2 RED WINTER IN N E W
Sat.

M on,

lu e s .

Oanli wheat f. o. 1,___ . . . . 76=8
76=a
76j4
Dee. delivery in elov...... 73»e
73*e
73!>8
Mar. delivery In elev . . . . 75
743i
741*
M ay delivery In elev . . . . 711*
71
71’4
DAILT GLOBING PRICES OP NO 2 SPRINO IN
Sat.

Dee. delivery In elov......
M ay delivery in e le \ ... . ..
,Tuly delivery in elev..

6S»0
65va

M on.

Tucft.

60is
oeq.
....

65%
65 7g
64^4

Wed.

761*

YORK. ’

T h u rt.
77

73%
7% H
74
75
70Ts
7158
C H IC A G O .
W ed.

65»,
65%
64%

T h n rs ,
66

66%
013s

F r i.

76'lfl
7358
71cs
71%
F r i,

65%
66%
64%

Indian corn futures have been moderately active and the
tendency of prices has been towards a higher basis. There
has been some speculative buying for investment account,

THE

D ece m b er 3, 1898.J

1171

C H R O N IC L E

stimulated by a continued active export business, and the
D o m e s t i c C o t t o n G o o d s . —The exports o f cotton goods
fact that the movement of the crop latterly has been running trom this port fo r the week ending November 23 were 16,501
rather email. Weather conditions in the corn belt have been packages, valued at $520,455, their destination being to the
reported as unfavorable for the advancement o f the quality points specified in the tables below:
o f the grain, and this, together with firm foreign advices, also
1898.
1897.
have had a strengthening influence. The spot market has
N e w Y o r k to N o v . 28.
been firmer. The sales for export here and at outports have
Week. S iric e J a n . 1.
Week. S iiic e J a n . 1
averaged about 750,000 bushels daily. To-day the market was
16
3,047
14
4,005
steady, firm foreign advices offsetting realizing sales by (Treat B ritain .......................
Other E u rop e an ..................
946
23
3,025
longs. The spot market was active. The sales for export
10,958
148,009
104,744
here at outports were about 900,000 bushels.
1,235
11,200
15,414
1,896
707
400
106
265
899
22

32,849
11,379
14,510
4,252
7,829
49,001
14,747

T o tal............................... 16,504
China, via Vancouver*___

297,769
21,623

605

239,204
16,166

T o tal............................... 16,504
319,392
From N e w England m ill points direct.

605

255.370

DAILY CLOSING FRIGES OF NO. 2 MIXED COEN IN N E W Y O R K ,
M on.

S a t.

Cash corn f. o. 1).............. ..
Dec. delivery in elev...... ..
M ay delivery in elev....... .
DAILY CLOSING PRICES
Deo. delivery In elev......
M ay delivery in e l e v ___
J uly delivery in elev___

T u t* .

W ed.

4030
40i«
40
3i
38^
387a
39ia
395s
39*4
OF NO. 2 MIXED CORN

T K u ri

F r*.

4078
40ia
40%
3i>iQ
39
39*8
39%
39*a
39=8
IN C H I C A G O .

Sat.

M on.

T u ts .

Wed.

T h u rs .

F r i.

3230
33%
34*8

331*
34*8
—

33i«
3 4ia
347s

33*8
3414
34%

33%
34 a
35

*33%
343q

West Indies..........................
M exico.................................
Central Am erica..................
South Am erica....................
Other Countries..... .............

35

Oats for future delivery in the W estern market have been
moderately active and prices have advanced to a slightly
higher basis. The principal strengthening factors have been
the comparatively small supplies in sight and only a moder­
ate crop movement; sympathy w ith an advance in corn and
a fairly active cash trade also have had their influence in
favor o f values. Business in the local market has been fairly
active. The home trade has been a buyer, and there has
been increased activity to the export demand; prices have ad­
vanced. To-day the tone of the market held steady. Busi­
ness in the spot market was fa irly active, although the d e­
mand came wholly from the home trade.

22,396
18,129
13,959
3,111
7,184
42,527
4,710

225
7
8
325
3

The valne of the N ew York exports for the year to date
has been $10,524,254 in 189S, against $9,398,928 in 1897.
Advances in leading makes of bleached cottons are re port ad
this week. Lonsdale 1% per cent and Hills 2% per cent up,
with Fruit of the Loom and Masonville i£c. per yard higher.
Tne demand has been liberal and stocks now well under
control. Low grades are quiet but fu lly supported by the
strength of the grey cloth market. W ide sheetings have
been weak bat are firmer in some quarters at the close.
Cotton flannels and blankets firm but quiet. Heavy brown
sheetings and drills firm ly held in all leading makes. Hom e
DAILY CLOSING PRICES OP OATS IN N E W Y O R K .
demand is moderate but exporters still bidding for fa ir
S at.
M on.
Tnes.
W ed. T h u r s .
F r i.
quantities. Fine light-weights strong and generally l-16c.
N o . 2 mixed, elev____ . . . 30*4
30*8
307s
31 % 32
32
higher. Ducks are quiet and easily bought. Brown osnaN o . 2 white, e lev............ 32*4
32*8
32%
33>a 33*8
33*a
burgs unchanged. Denims steady with moderate sales, other
DAILY CLOSING PRICES OP NO. 2 MIXED OATS IN C H I C 1 R O .
coarse colored cottons in average demand at previous prices.
S a l.
M on.
Tues.
W ed. XAur*.
F r i.
Deo. delivery in e le v ___ 25Ss
26*8
20%
263s 26*8
263a
K id finished cambrics occasionally % c. higher.
Second
M ay delivery In elev ...... 26
26%
267e
26% 26Ta
26*8 grades of fancy calicoes for spring are opened at 2%c. to 4c.
R ye has been quiet and values have held to about a steady per yard, but no open prices named on first qualities. More
basis. Barley has had a fair sale at full prices.
staple lines of prints in improving demand, with firm er tone.
Following are the closing quotations:
Fine printed fabrics generally well sold. The gingham marFLOUR
ket is firm throughout. Print cloths close at l-16c. advance,
Patent, w in te r. ....$ 3 55 9 3 90
or 2%c. for regulars after liberal sales.
Fine ..................... $2 4 0 9 2 50
City mills, extras
4 25 ® 4 50
'Superfine............ 2 50 ®2 65
F o r e i g n D r y G o o d s .—Conditions in the foreign goods
Rye flour, Bnperttne 2 90 ®3 35
E xtra, No. 2 ....... 2 65 9 2 75
division of the market continue unsatisfactory A slight in ­
Buckwheat flour... 1 9 0 9 2 00
E xtra, No. 1 ........ 2 70 9 3 00
Corn meal—
9 3 25
Bakers’ e x tra ... 2 90
crease in the demand for dress goods and silks is noted, but i t
Western, e to ...... 1 9 5 9 2 10
Bcraights ...........
3 25 93 35
is far short of making amends for previous poor business.
2 15
^
Brandywine . ...
Patent, Spring.
... 3 80 9 4 5 0
Men’s-waar fabrics are neglected. Linens in quiet request,
[W heat flour In sacks sella at prloes below those lor barrels.]
and barely an average business doing in ribbons, laces, ho­
ORA IN.
siery, underwear, etc.
Corn, per bush—
o.
o
Wheat—
0.
0.
H a rd Dulnth, No. 1
N ’th’nDuluth, No. 1
R ed W inter, No. 2..
Northern, No. 1 ...
O ats—M ix’d, perbsh .
W h it e ....................
N o. 2 m ixed...........
Ho. 2 w h lte ......... ...
W

79'4»80'-8
74^976
75*2®7678
73*8®747e
31 933
32*8937
32 933
33*8934*8

W estern m ixed........ . 39*4 ®42Ss
No. 2 m ixed. ........... 39*s®42%
Western Y e llo w ......... 39% 34l*8
W estern W h ite ..........39®8 *11
R yeWestern, p er bo sh ___5838*60
8tate and Jersey....... 56
959
Barley—W e s t e r n ......... 53*8 962*8
F e e d in g ...... .............. 42 046

f a r s t h e r t a b l s s s s a a l l r a l i e n b e r s s e s s a g s 1145

THE
N

ew

DRY
Y

ork,

GOODS
F

r id a y

,

Im portation * a n d W a re h o u s e W it h d r a w a ls or D ry d o

:

e

p in t

s sc*
S£
p S’
P*
to E

TRADE.

P. M., December 2, 1898.

The improvement in the general tone of the market for
•cotton goods which was noted last week has made farther
progress this week, and at the close there are only a few ex­
ceptions to what may reasonably be characterized as a strong
market. The heavy snowstorm at the beginning of the
week impeded store trade to sonm extent, but the aggregate
business secured has reached a liberal total. Cold weather
is helping the retail distribution materially and this is
a good
factor in
the general situation,
coming
as it does earlier than
usual.
The stock
con­
dition of the primary market has improved decid­
edly during the past few weeks and sellers are now in
more or less independent position on brown and bleached
cottons and on the gingham fabrics. Print cloths also have
worked into better shape than they have been in for some
years past. The result is seen in an advance of l-16e. in the
latter, occasional slight recovery in prices of bleached cot­
tons and a hardening tendency in various other directions.
In the woolen goods division, also, business is improving in
volume, although there has not been any stiffening of prices.
W o o l e n G o o d s — In most directions an increase in the
volume o f orders for spring weights of woolens and w o rste’s
for men’s wear has been reported this week. W intry weather
has so far improve 1 the distribution of seasonable clothing
that the clothing miuufaoturers are operating more freely
fo r next season. Their purchases up to the present time
have been short of an average volume and agents
are now counting upon a liberal supplementary bu-si new. Tuey are not disposed to cheek this oy undue stiffness
in attitu ie, and the demand is freely met at previous prices.
There has been no open basiness in new heavy-weights for
next fall, except in overcoatings, and in these prices are from
10 to 15 per cent lower than at the opening o f previous sea­
son. Ctoakiogs are iaactive and featureless. Dress goods
show improved demand bat no change in p-iees. Flannels
aDd i.lankets quiet; prices unaltered.

«s

The importations and warehouse withdrawals o f dry goods
at this port for the week ending Dec. 1, 1898, and ince
January 1, 1898, and fo r the corresponding periods of last
year are as follows:
33
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fa ffin g
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THE

C H R O N IC L E .

a ND

C ity D £ f aatm e n t

TERMS

OF

SUBSCRIPTION.

tk e IsVEstOfcs' RcpiM.KMEST will be furnished without
extra cMarg' t*> every annual subscriber of the Commercial
as» Financial CmtuxicuK.

Thv State » sb City Supplement will also be furuisuea

eljA eiil rrtrvj charge to every subscriber of the Chronicle.

The Star,xt Railw ay Supplement will likewise be fur­
nish rd without extra charge to every subscriber of the
U n w c ix

The Quotation Supplement , issued monthly, will also be
furnished srithotU extra charge to every subscriber of the
.'HHC-NK-LC..

TERMS for the Chronicle with the four Supplements

above named are Ten Dollars per year within the United
States and Twelve Dollars in Europe, which in both oases
includes postage.
_________

Terms of Advertising—{P e r inch space.)
Tlranxlmt matter leach tt*S6)#3 SO I Three Months (13 tim es)..$25 00

*r*siiiso iu-sixilss casus.
Six months
(26 times).. 43 00
Two month* iS time*).,.__ IS 00 I Twelve Months (52 times). 58 00
> ER.

In reviewing the state of the municipal bond
market during the month just concluded, we find
present the name conditions that have prevailed for
some months past, namely a short supply of bonds,
a large demand, with high prices ruling.
Our usual compilation shows that during the
month of November $7,524,384 bonds were floated.
Tiiis total dm* not include $1,037,274 of temporary
loans reported, nor does it include nearly five m il­
lions of bonds of the State of Maryland, issued in
exchange to holders of outstanding bonds, some of
which do not mature for several years. It does not
seem proper to include this exchange of bonds in the
total, inasmuch as the transaction was an exceptional
one and can hardly be considered a sale in the true
sense of that term.
The figure* for November, as given above, compare
with $d,SG8,775 for November 1897 and with 14,906,01•7 ? r October 1S9S. While the total for Novem­
ber ssc* jg somewhat greater than that for either
the previous month or the corresponding month in
1807 (due to the negotiation of several very large
issues), the number of municipalities issuing bonds is
leas than that reported for either of those months. Our
records show that for November 1898 but 10S munici­
palities (emitting 129 separate issues) put bonds on the
market, where#* in October 1898 there were 118
municipalities and 132 issues, and in November 1897
120 municipalities and 148 issues.
Two event# of more than ordinary interest trans­
pired during the month and may well receive a passing
mention. The first was the November elections, when
issues amounting to over 19 millions of dollars were
voted upon, the results being largely against the
increase of indebtedness. Indeed, if wo except those
places voting to refund outstanding bonds and also
those counties in Kentucky voting to issuo bonds for
.he purchase of free turnpikes, the verdict was almost
universally adverse.
1 he other conspicuous feature was the sale of the
♦ 1,735,000 New Y ofk Uity bonds, bids for which were
opened last Tuesday. It is interesting to note that
thirty-eight proposals wore received for this loan,
aggregating over 11 times as much as the loan itself,
i ms a*
e bidding and tne basis on which the bonds
7"' 1 ‘ •*tded i d‘05 per cent) speak* well for the credit
of the municipality. It should also be stated that
piri of this loan (namely the $.'>00,000 10-year assess­
ment bonds, which sold at 106*10,) went on a bnsis of

[ Y o l , L X V II,

The New York City sale was of course the prin­
cipal one of the month. Other sales of interest were
the Cook County, 111., $750,000 4 per cent 1-20 year
(serial) gold refunding bonds, awarded to Tie First
National Bank of Chicago at 106*763; New York
state, 8400,000 3£ per cent 4-7 year (serial) public
defense bonds, awarded to Abraham White, New
York, at 103*165; Albany, N. Y., 3209,000 4 per cent
bonds, awarded to various parties at from par to
106-60.
In the following table we give the prices which wer*
paid for November loans to the amount of 35,851,961
issued by 86 municipalities. The aggregate of sales
for which no price has been reported is $1,672,323, and
the total bond sales for the month $7,524,284. In
the case of each loan reference is made to the page of
the C
where a full account of the sale is
given.
h r o n ic l e

N o v e m b e r B o n d Ba l e s .
Page.

L o c a tio n .

H a te ,

M a tu r it y .

4

1899-1908

1121 ..A lb an y , N . Y ............ .

A m o u n t.

11918-1928
1072.. Alleuhtiret, N. J ------- 4
1122.. Ann Arbor, Mich. (2
issues)........ .............- 5
c.0,239
1899 1908
5,800
1122..Athens, Ohio.............. 6
101 9..AtlanticC ity, N. J ----- 4 % N ov. 1, 1908
100,000
4 I43 July 1,1918
li-1 9 ..Atlantic City, N. J —
40,000
22,000
1122.. Haiubrkige, N. Y ....... 3-40
1904 1925
1173..
Bath Co., K y
. 4
38,000
1072..
Bingham Co. (Idaho)
1903
500
Soil. Dtftt. N o. 38...... 8
1020.. Binghamton, N. Y ----- 3h3 N ov. 1, 1907
5,000
100,000
1918
1173.. Bowling Green, K y ... 4
a0,000
1174.. Bristol Co., M aes....... 4
1903& 904
Nov. 1,1*99
10,937
1 0 7 2 ..
Buffalo, N. Y ........ 3
100,00u
3Ls
1899 1918
1072..
Buffalo, N. Y ...
1072..
Buffalo, N . Y ....... 31a Nov. 1, 1918
16,013
50,00(1
1 1 2 2 ..
Cambridge, M ass. 3 V. Nov. 1, 1918
1122.. Charles City, I o w a ... 4
tl903-1918
19.000
1072.
Chicago, I l f . .... .
4
18991901500.000
iu7 2,.C h isago Co. (Minn.)
Soli. Diet. No. 43...... 5
1900 1905
3.000
15.000
1072..
Clarke County, A la ... 5 tl903-1913
35,tOO
1122--Co]chester, Conn...... 4
1900 1934
1174..
Cook C unty, I II. 4
19001919750.000
1,200
0 7 ..Coshocton, Ohio........ 6
1900 1905
1900-1914
1.500
1020.-Coshooion, O h io ........ 6
1900-1905
l.s-00
1174..
Coshocton, O hio. 6
5.500
1928
1 0 7 2..
Danvers, M a s s... 4
32.000
1123..
Denver, C o l.il.... 6
1020..
Denver, Col.(7 Issues). 6
1 1 7 4 ..
Dea Moines, I o w a ___ 3 )2 1905-1916
1 1 7 4 -.D e solo, Mo................ 4>g
1903-1908
11 4.. Dunkirk, N . Y ............ 4
1899
1123..
Duneannon, P a .. 4
11808-1928
1174.
-Fayette Co.. Ohio.... 6 1899-1902
1 123..
Fayette Co., T e x as..
1073. .Frostburg, M il........... 4
1123..
C leu Rock (N. J.)
School D istrict......... 5
1908

P r ic e ,

209,000 | 100
106-60
60,000 105 083

27.500
60.000
20,000
1,300
5.000
7.000
13,00..
55.000

101-339
108-81
106*02
110*02
100
101-215*
101-80
102105

102 26
104100
103105106100-

100

104103- 50
107*92
106 763
104-

062
57
97
24
658
333

166

112*21
106-60
11--789
100

(100
1102

102100

30

100
101
10.) 014

100

103-

272

4.000

10410
101-375
2.000 j1101*50
57.000 10312
9,7m l i 3-75
69.000 100

tl908-192S
1175..
Hathoro, F a ........ 4
)0 7 3 ..H a v e rh iU ,N , H ......... 4
1899-1917
1 175.. H yde Park, Ohio........ 4 X3
1899-1908
1123..
Jessamine Co , K y ...
1175..
Kasota, M inn....... 4
5.000 100
1903&i908
968. .Kaukauna, W is ......... 4
34.500 101449
1905-1918
5,009 100
1020..
Ladonia, T e x as.. Shi
U913-1938
1073.. Lanesboro, M inn....... 5
7.000 104- 164
1 0 2 0..
Luusingburg, N . Y ___ 4 Nov.' l , i ‘903
30.000 103-079
1123..
Lincoln, N e b ....... 4 L2
50.500 100
11908-1918
25.000 100 80
1175..
Look Haven, P a .. 4
U908-1918
1 175. .Madison C o.,K y.........
4"3
70.000 103 25
1904-1918
1175. Malden, Mass. (3 is­
sues) .......................... 4
1898- 1902
10.000 10155
1 0 , 0 0 0 101- 865
Dee. 1,1899
1124..
M an sfield,O h io... 6
117 5 ..
M arlon Co., Ohio. 0
18991903 8.500 103-976
18991903 1,200 103 75
1175.. Massillon, Ohio.......... 6
1904 5.000 100-2626
1175..
Mentor (O.) Sob. Dist. 4 19001175 Montgomery Co., K y. .,
50.000 103-26
1124 Montgomery Co., M d . 4
25.000 1051900-1949
808
102 1 Ml. Oliver (Pa.)Seliool
D istrict......... ........ 41 ®
9.000
106366
1912-1920
1124..
Mt. Vernon, N. Y . . .5. .
Nov. 1, 1904
25.000 109-348
1074 . .
Nebraska City, N eb...
150.000 j 100
l i ’ 19
5
107-1. .Nebraska City, N eb... 5
87.000 <
1190.1-1919
07-1 N ew Richmond, Ohio. 4
19oO-192s
30.000 102066
1 .7 a . N ew York City (5 is­
sues)....... ..... ............. :31a Nov. 1,1928 1,225,000 |
1175..
N e w York City.... 3 ^
Nov. 1, 1908
500,000 106*10
1121 N e w Y ork State......... 3*a
1902-1905
1021. Nyaok, N. Y ............... 4
1903-1912
102) ..Oakland, M d .............. 4
11903-1915
988 ..
0 n eida,N . V ..... 4
18 9 1908
1021 Oswego, N. Y ............ 4
1899-1906
1021 ..Giselle (X. Y.) Union
Free Sell. Dist, No. 5. 4
1899-1918
1i 7 8 ..Paterson, N, J ............ 4
1)108
117 8 ..
Piitcisou, N. J ..............................
4
19 -3
1 0 7 4 ..
Port.Chester, N.
___
1903-1923
1 124.. Port Clinton, Ohio___
5
1900 1903
9 8 9 .,
Potsdam (N. Y .) Sell.
List. No 17.............. 4
1899-1003
189.. Potsdam (N . Y.j 8ch.
Dist. No, 17.............. 4
1903
1178..
Koaollig, M ass.... 4
June, 1924
1170..
Ripley C o .,M o .... H
1890 1918
107-1 Rotterdam (N. Y.)
Sell, Dist. No. 14...... 6
1899 1918
1178 Saginaw, Mich........... 4
Dee. 1 , 1 »«9
1021.. Schenectady, X. Y ___ 4
1900-1903

Y

400,000
5,000
13,000
6,316
18,658

102 29
j 101-29
105-53
l 00
10212
102-75

5,000 104*506
20 000) 105*95
18,000 )
41,000 102-62
1,400 101-875
1,500

105

1,300 10104
2,000 112*31
20,000 lOO
4,400 103
1-.000 107*71
18,983 102*09

THE

D ecember 3, 1898. |
Maturity.
1899-1903
5 1905-1907
1908-1910

1173

C H R O N IC L E .

A m ount.' Price.
19,800 103 035
3,000 100
3,c 00 103*33

New York City—Brooklyn.— G ra vesen d B o n d s L e g a l .—
A decision was recently handed down by Judge Thomas in
the United States Circuit Court in Brooklyn in the suit of
James C. E. D ’Esterre against George W . Palmer, former
52,500 107*30
1918
Comptroller of Brooklyn. In 1893 the town of Gravesend,
1918
24,000 101
since annexed to the former city of Brooklyn, issued bonds
51,000 103*13
11908-1918
to the amount of $148,000, of which the plaintiff is owner of
12,000 107*03
1899-1918
28,000 111*329
Oct. 1, 1918
$24,000. Subsequently it was contended that the bonds were
15,000
190*$
106*227
4
defective, inasmuch as they were never registered. The
7,490 105*009
1899-1908
laintiff then began action to establish the validity of the
6,000 104*70
4 1903-1908
14,000 105*34
ends and to compel their registration. In bis decision
4 19U0-1913
1899-1902
78 a 00 100 833
Judge Thomas holds that the purchaser of the bonds should
8,000 10 l*95
41a1902-1917
not be held liable for any errors committed by the city
12,000 101*205
11903-1903
officials.
16.<
00
100*0312
11903-1918
Peoria Heights, 111. — P r o p o s it io n to I n c o r p o r a te —An
21,000 }
1902-1905
4,000 <■1030913 election was held recently to vote on the question of incor­
Feb. 1, 1901
porating this place as a village. The proposition earned by
Total (36 municipalities, covering 110
a vote of 46 to 5.
separate issues)........................................ $5,851,961 *
Wilkes County, N. C. — D e c is io n A p p e a le d .—The case in
Aggregate o f sales for which no price has
volving the validity of $100,000 [railroad-aid bonds, recently
been reported (19 municipalities, covering
declared illegal by tbe State Supreme Court, has been ap­
19 separate issues).....................................
1,672,323
pealed to the United States Supreme Court. See C h r o n i c l e
Total bond sales fo r November, 1 89 8..4 $7,524,284
November 26, 1898.

Page.
Location.
Bate.
1075..
5.elby, Ohio....... 5
1075..
50.thWashington, Pa.
1075.. South Washington,Pa. 5
1075..
8.onington (C on n .)
Sch. Dist. No. 18...... 4
1022..
Tyler, T exas.....
6
1076..
Valparaiso, In d .. 4
1125..
Waketield, Mass. 4
1076. .Waltham, Mass......... 4
1076..
Watertown, Mass.....
1177..
Wellston, Ohio.... 5
1022..
White Plains, N. Y --1 022..
White Plains,N . Y --1177.. Wilson Co., Tenn...... 6
1076..
Winnebago City,Minn
1023.. W oodsville (N. H.)
Fire D istrict............ 4
1076..
Wynne, A r k ........ 6
1177. Yonkers, N. Y ............ 4
1177..
Yonkers, N. Y ..... 4

E

+ A verage o f dates of maturity, r Subject to call in and after the
earlier year and mature in the later year. JN ot including $1,037,274
o f temporary loans reported and which do not belong in the list,
f Issued to contractors m payment for work done. §Less a commission.

Bond Calls and Redemptions.

In the C h r o n i c l e of November 5, 1898, page 966, a
Clearfield County (P . 0. Clearfield), P a . — P ro p o s e d R e ­
list of October bond sales amounting to $4,809,307, d e m p tio n o f B o n d s .—The County Commissioners offer to
will be found. Since the publication of that state­ purchase jail-loan refunding bonds, Redemption Series, to
the amount of $22,000, consisting of 50 bonds of $300 each
ment we have received the following additional reports: and 14 bonds of $590 each, payable June 30,1903, but redeem­
able at the option of the Board after June 30, 1899. As the
Board has sufficient money on hand to redeem these bonds at
this time, they will pay principal and accrued interest of all
1,500 110-15
bonds of this series that are presented at the office of the
20,000 100
11928
County Treasurer for cancellation.
1901-1904
2,500 100
Multnomah County, Ore.— W a r r a n t CaW.— Ralph W .
Hoyt, County Treasurer, has called for payment county war­
800 101*281
1899-1902
rants, Class 35, drawn upon the general fund that were pre­
1899-1903
35,000 100-357
2,500 108-67
Nov. 1. J918
sented and indorstd “ Not paid for want of funds” from Octo­
35,000 100*392
tl908-1928
ber 1, 1897, to October 31,1897, both dates inclusive. Interest,
on these warrants ceased on November 21, 1898.
Total additional sales for O ctober............
*97,300
Pierce County, Wash.— W a r r a n t C a ll .—County Treasurer
These additional loans will make the total sales Stephen Judson has called for payment warrants ot the fol­
(not including temporary loans) as reported for Octo­ lowing school districts, interest on all of which will cease
after November 30, 1898:
A d d it io n a l Oc t o b e r B o n d Sa l e b .

Hate.
Pape.
Loca tion .
1019 .Barrett (Cal.) 8
7
D is tric t...........
.
6
1073 . Flagstaff, A riz...
1020. Franklin (Wash.) Sch.
Dist. No. 1............... ’ 6
1021..
Los Feliz (Cal.) School
Dislrlot......
........ 7
1021..
Melrose Park, 111. 6
4
1021..
Niagara Falls, N. Y ...
5
1075..
Uhrichsriiie, Ohio. ...

M aturity.

A m o u n t• Price.

ber 1898 amount to $4,906,607.

Texas.— L e g a lit y o f M u n ic ip a l B o n d s P a y a b le in G o ld .—
In our editorial columns will be found an article reviewing
the recent decision of the Court of Civil Appeals affirming
the legality of mu nicipal bonds payable in gold.
Austin, Texas.—P ro p o s e d A m e n d m e n t to C it y C h a r te r. At the next session of the State Legislature, which convenes
in January, application will be made to have the city char­
ter amended so as to permit the sale of the great dam across
the Colorado River, which has cost the city nearly two
million doHais to build. Our correspondent in Austin writes
us, it is thought that in the event the dam is sold to indi­
viduals or to a corporation that the purchasers will buy for
the purpose of running large factories with the enormous
water power furnished by the river above the dam. Austin
being in the center of the cotton-growing country, it is re­
garded as a most suitable location for cotton mills.
Conncil Bluffs, Iowa.— J u d g m e n t S ecu re d .— On Novem­
ber 26, 1898, Edmund Jeffries secured, in the Superior Court,
judgment against the city for $4,954-96 represented by eleven
warrants issued prior to the current year. This suit was
instituted in accordance with a decision of the Supreme
Court given a few weeks ago, and which will be found in the
Chronicle November 5, 1898.
Jefferson County, Wash.— R e d u c tio n i n In te r e s t.— This
county has entered into an agreement with its bondholders
whereby the interest on bones outstanding is reduced from
6£ to 4* for a term of five years from January 1, 1898, the
County Commissioners agreeing to levy a tax to meet such
interest. Mr. M. M. Smith, County Auditor, in writing to
us on the matter, states that the general business depression
caused such a shrinkage in values that it was impossible to
meet the 6£ late. The proposition reducing the interest to
\% was made through N. W . Harris & Co., Chicago.
Minneapolis, Minn.— N ew C h a r te r D efea t, d . —At the
general electio, held November 8, 1898, the citizens of this
city, among other propositions, voted on the adoption of a
new city charter, but the question met with defeat.
Mount Vernon (Township), 111.— B on d s I lle g a l. — W e ta k e
the following dispatch from Springfield, 111., dated Novem
ber 25, 1898, from the St. Louis ‘ Globe D e m o c r a t ‘ In the
United States Circuit Court to day Judge Allen decided the
case of D. 11. Wesson of New York City vs. Township of
Mount Vernon, 111., in lavor of the defendant. Wesson
brought suit to compel the payment, principal and interest,
of bonds issued by tbe township of Mount Vernon in favor of
the Wabash Chester & Western Railroad. The Court de
cided the bonds were illegal because the election was held
Jnly 16, 1870, whereas the constitutional amendment pro­
hibiting cities and townships voting aid to railroads went
into effect July 2, 1870. The bonds involved were for $25,000
with interest.”

L in t.

* W a rra n ts .*

1— Nos. 2o-d to 265, issued 1897.
2— Nos. 3U1 to 304. Issued 1808.
3— Nos. .'■68 to *08, issued 1898.1
8—Nos. 52 to 61, issued 1803.
lc —Nos. 3,wltt to 4,216, issued 1898
16—Nos. 607 to 63 . issued 1808.
18—Nos. 32 to 40, Issued 1897 and 1808.
21—No. 53, issued 1*88.
13— Nos. ?o to 74, Issued 1804 and 1896.
34—Nos. 20 to 29, issued 1897.

1

! D is t.

W a rra n ts .

• 37—Nos. 68, 70 and 10. issued 1894 and
I
1895.
142—Nos. 49 and 50, issued 1898.
I 46—Nos. 178 to 182, issued 1896.
! 55— No. 142, issued 1897.
, 67—No.
.. ___ 24U, ___________
issued 1897.
|74— No. 37, issued 1808.
, 76—No. 9. issued lb«0.
81—No. 52, issued 1808.

Seattle, Wash .— W a r r a n t C a l l . - C i t y Treasurer A . H.
Foote has called for payment at his office the following wari ants, interest on which will cease December 6, 1898:
South Fou rteen th Street, ordinance No. 127 3, w arrant No. 657. principal and
part paym ent in terest $50.
S ilver street, ordinance No. 2768. w arrant No. 2988, balance due.
A lle y block 8, Maynaru s addition, ordinance No. 3165, w arrant No. 3201, bal­
ance due.
Nin th A ven u e et al.. ordinance No. 4360, warrants Nos. 808, 309, 310,311.
Jeflerson Street, ordinance No. 4663, warrant No. 438.
East Jefferson S treet e t al., ordinance No. 4760, warrant No. 663.
Yesler W a r, ordinance No. 4787. warrant No. 70*\
T w en ty third A ven u e South, ordinance No. 4837, warrant No. 729.
Jackson Street, ordinance No. 4936, warrants Nos. 744, 746.
P ik e Street, ordinance No. 4618, w arrant No. 363, balance due.

Bund Proposals and Negotiations thi
week have been as follows:
Ackley, Iowa.— B o n d Issu e.— According to local papers this
town has issued $7,000 5£ 20-year bonds to refund a like
amount of 6 per cents.
Atlanta, Ga. B o n d S a le .— On December 1, 1898, Sperry,
Jones & Co., Baltimore, were awarded the $300,000 4% gold
coupon refunding bonds. Bonds mature December 31, 1928,
For farther description of bonds see Chronicle November
5, 1898, p. 967.
Bnrnesville, Clay County, Minn.— B o n d O ffe r in g .— Pro­
posals will be received until 8 p, m . December 10, 1898, for
$8,000 5j( electric-light plant bonds and $2,000 5% power-house
and city-hall bonds. Securities are dated October 1, 1898,
and will ran 10 years. Interest will be payable semi-annu­
ally in Barnesville. H. H. Snell is the City Clerk.
Bath County (P . 0. Owingsvllle), Ky.— B o n a S a le. —The
Fiscal Court of this county has contracted for the sale of the
$38,000 4« turnpike bonds (voted on November 8) to Rudolph
Kleyb'olte & Co., Cincinnati, at 101 215. Bonds are to be de­
livered January 1, 189S, and paid for at that time.
Beaumont. Texas.— B on d s A u th o r iz e d .— T h e City Council
has authcrized the issuance of $10,000 5# refunding bonds.
Bonham (Fannin County), Texas.—B on d s A u th o r iz e d .—
The City Conncil has authorized the issuance of $5,000 bonds
to extend the water-works system of the city.
Bowling Green, K y .- B o n d S a le. — Reports state that this
city has sold $100,000 4% 20-year bonds to The Lamprecht
Bios. Co., Cleveland, at 102 26.
Brewton, Altt, B onds P ro p o s e d .— A . hill now being con­
sidered by the State Legislature permits this town to issue
$50,000 improvement bonds.
*

THE

Bristol County ( l*. 0. Taunton)■ M«a s . — B o n d S a f a — On
, vr ajl • r
lb'jn, the |40,00 >4s note* of this county w ere
«r*id«d to Bogers, Nowman & Toloum, Boston, at 1C4*(
allow tea: &r* the hid*:
js* a

jV fff. *

A Totetfi. B

i

A ttwrr. ! W i » .......
1Oou.
,a*
& Co,, Bmlfifl ..........

iOT*83
103*711

*4. L Dk9 I
h II KidllBI A i & o U t o a
::::
tl^ d tt a 1 m®*d A u l Koaion,.
Boijoa..... .. r.r.r/.r..
C II- VTUtaftf A
l&rtaJMv-ok A
A Oo.
... ....
W, t
l (*ADr a Oql. tkaMon ....
|4. A - Xr*n. <
..... ........... . ....... .,..103-50

iOJNU
103*00

rvoL,

C H R O N IC L E .

1(W^
103-626
103*66
lQiri*
103*37.1

I*rUjcipni will mature $20,000 November SO, 1908, and
fi'O.iW November 80. 1904. For description of notes see
C hronic ! !: of last week, p. 1122.
< nmbrldee, Ohio.— B o n d O ffe rin g .— Proposals will be re­
ceived nntil 12 u. January 2, 1899, by T. R. Deselm, City
Clerk, for $7,000 1 cemetery bonds. Securities are issued
pursuant with Section 2835 Revised Statutes of Ohio and were
authorized by ordinance passed November ", 1898. They are
in ilenominatlcn of $1,000. dated January 1, 1899. Interest
will be payable semi-annually at the office of the City Treas
urer turn the principal will mature January 1, 1919
Campton School District, Shasta County, Cal. —Bond
C f f r n n 'j.— Proposals will be received until 10 it. to-day (Da­
ceml rt 3, isos, i by W . A Smith, County Treasurer, Redding,
for $2 ,(0 0 7; school itonds. One bond is in denomination of
fil'd and eight of $200 each. Interest will be payable annually
on Decern 1er 15 and the principal will mature as follows:
fi"0 in H*iO and $C00 yearly from 1901 to 1908, inclusive. A
certified check or cash dei>bgit for 10$ of the amount bid will
be required with proposals.
Carbon County School District No. 30, Gebo, Mont.—
B or.it O ffe rin g ,—Propos tls will be received between the hours
of t? t. y and 0 r. m.. December 10, 1898, by the board of
8chc.il Trustees, S. W . Gebo, Chairman, at Butler’s drug
store in G'-bo. for $M00 6i school bon s. Securities will be
in denominations of $25 and $100 aud will mature 10 years
from dab- of issue, subject to call after 5 years.
Cedar Rapids, Iowa . — B o n d E le c tio n .—An election will be
held on December 19, 1898, to vote on the question of issuing
$195,000 city-hall bonds. Securities if authorized will bear
lot* test at not more than if payable annually. Principal
will mature twenty years from date of issue, subject to call
after ten year*.
Chester. Pa,—Rond* Propertied .—This city, it is reported,
ha* under consideration the issuance of $80,000 bonds for the
pur; - * * of retiring a floating debt and redeeming part of the
outstanding 6<f bonds.
t lei eland, Ohio.—Bond* Defeated.— On November 28,
180$. the < ity Council, by a vote of 18 to 8, defeated the
•issuance of $500,00tj city-hail bonds.
Cook County ( P. O. Chicago), 111.— B o n d Sale ,—On Noycinl»-r 28, 1899, the $750,000 4% gold refunding bonds were
awaided to the First National Bank, Chicago, at 10G'703.
Following are the bids:
krtui.i lUbk. 4 «rfCo.,,10d - ? « ' M*«on. Ix*wt* A Co.. Chicago.....105*26
***$7 A O x , t toMto... loo'do
A T r , Oo.1Cbicntjo.l0
6*OV6
se.M*cDcija i A Mver
f f>«*nlj»oo, P r io r A Co., Cleveland. 104*85
,C*kfcrmpi>............... .............IWW ! K. I). tBiepnrd A Co., New Y ork ..104*61
A
d n r in . 1 ( 4 0 5 I H om e Hsvliur* Bank, Chicago__ 101*00
V i . i IU$rw A
Oevciwnd 1%*«3
V. 11 owe A Co. (fo r 4500,1.100} 100*78
II, K l n M l e A CVjl, fln d h tlttfi. ](4'SS I f*. V . Nolen ( fo r $&»o,noo)...........100*36
?» W. Harm a ( K CtMaafO IOAKS , 8. K. Potneroy ( fo r fio.oo**)..
100*26
JMUWftiUM# Avw Mate B't.Cbi.lOS'^O J U lw ra iM Sauk. A jm' u, Chicago... par
I I I Tru«4 A fplY. Xian It, (^hloupi.105*31

1.1

Principal will mature $37,500 yearly on January 1 from
lb O to 1019, inclusive. For description of bonds see Chron ­
ic t.et of last week, p . 1123,
Coshocton, Ohio. — B o n d S a le .—On November 29, 1898. the
$1.Mb K% sewer (Mods were awarded to 8. Kuhn & Sons, Cincinnatt, at 106'fl0. A bid of 106'lfiO was received from Sca­
lar,good Sc M*y«r, Cincinnati, and one of 101'388 from The
New First National Bank of Columbus. Principal will mature
yearly ,,n September 1 from 1900 to 1905, inclusive. For
script!
of bonds see CHROJtld.8 of November 5. 1898, p.
Ua Hsu Con nty, Ala . — B ond s P ro p o s e d .—The State LegiaW are
ut)<tier consideration a bill authorizing the connty
to lnti9 bridtf e bonds.
Dayton, Ohio,—.Vo S r i r Bt 'ltd* A u th o riz e d .—It was re­
In oniF of tbe jpapers that the Council had
atutbprized tlii# aaI© of p t0Q0 Ik>nds, for the purpose of meet
ind lb* imriniir«M«f!-nb!i of one of the street paving sinking
fu&dsu Th** ? bo&dd, we Are iadvised, sre not a new issue,
bnt tr*ro tin*p\y trA»*ferred from one sinking fund to an-

.1

W , .f. H trct A Sons. Clove, ..$91,tIS) 00
K. H . Gay 4 Co., Boston _ Ol.WT 50
DenUwm, P rior A Co.. C lo v e .. 01.2 «0
LK
|
.. Cloeii
BertFOC A stornt. Now Y ork. 01,HO 00

lx

'i

0, II. W h ite & Co.. N . Y . . . . . . $00,82ft 00
Street. \\rykes k Co., N. Y ...
Lew is A Co., CUiOJtffo. 60,157 OC
S. A. Kean, Chicago (less 4;?)
Par

00 MaaoiL

00,07500

Principal will mature $5,000 yearly on December 1 from
1905 to 1919, inclusive, Securities will be in denomination
j of $l,UO0.
Be Soto, Mo.— B on d S tile .—The City Council has sold to
’ the Mississippi Valley Ernst Co , St. Louis, $30,0 )0 4 ) 0
.5 10 year funding bonds at par.
Dunkirk, N. Y.— B on d Sale .—On November 10, 1899. $1,800
-17 street-improvement bonds were sold to the Western
Savings Bank. Buffalo, at par. Bonds will mature one year
from date. There was no public sale of these securities.
East Liverpool, Ohio.—Rond O ffe rin g . —Proposals will be
received until 12 m. December 6, 1898, by J. N. Hanley, City
Clerk, for $15,000 57 street improvement bonds. Securities
will be in denomination of $1,000, dated September 1, 1898;
interest will be payable semi-annually at the City Treasurer’s
office. Principal will mature $1,000 yearly on September 1
from 1899 to 1913, inclusive. Binds are issued pursuant to
sections 2835 aud 2837, Revised Statutes of Ohio, and city
ordi lance No. 573, passed October 10,1898. Each proposal
must ba accompanied by a certified check on some national
bank in the sum of $500. payable to the order of the City
Clerk.
Escambia Connty, A l a — B o n d s P ro p o s e d .— Bridge bonds to
the amount of $25 000 are the subject of consideration in the
State Legislature.
Enfaula, A la .— B o n d s A u th o r iz e d .—The State Legislature
has passed the bill authorizing the city to issue bonds.
Eutuw, Ala . — B ond s P r o p ised .—A bill being considered in
the State Legislature authorizes the issuance of bonds to
purchase water-works.
Fayette Connty (P . 0. Lexington) K y .— B o n d N ew s.— W e
are advised that proposals will be received some time this
month for the $100,00 ) 4% court house bonds voted Novem­
ber 8, 1898. The exact date of offering has not vet been de­
termined. Bonds will be dated January 1, 1899. aud will
mature January 1, 1919. Interest will ba payable in New
York City.
Fayette Connty (P . 0. Washington C. H.), Ohio.— Bond
S ale .—On November 33, 1998, $7,000 67 county-ditch bonds
were awarded to the New First National Brnk of Columbus
at lOS^Ol-l. Following are the bids:
New First Nat. B’ k. Colurabug.$7,351 60 I Seasongood & M ayer, Ctucln.. $7,302 00
Denison, P rior & Co., F le v e ... 7(820 00 | Mason. L ew is & Co., Chicago.. 7,285 11
Briggs.
.... 7.316 75 [ S. A. Keau, Chicago.......... 7.28000
«„ .y-_ Snitch &, Co.,- C--in cin......
F
“ *Sons, Cleve ... ----------1
NY. JJ.. Hayes
&
7,30700 |

Securities are dated November 15, 1898; interest will be
payable May 15 and November 15 and the principil will ma­
ture $1,000 each six months from November 15, 1899, to
November 15, 1902, inclusive. Bonds are issued pursuant to
Title 6, Chapter 1, Revised Statutes of Oaio, particularly
Section 4 4 si of said chapter.
P ro p os ed B o n d S a le .— W e are advised that in about 30 or
40 days the county' will sell $1,800 ditch-improvement bonds.
Securities will bear 07 interest and will mature in one, two
and three years.
Findlay, Ohio.— B o n d S ale .—W e are advised that the
$3,200 East Hardin Street improvement bonds recently
authorized have been taken by the Gas Trustees.
Florence, A la .— B ond s P ro p o s e d .—Tne State Legislature
has under consideration a bill authorizing the issuance of
$100,000 bonds to fund the floating debt, to erect school
houses and to purchase a cemetery.
Gallatin County, Mont.— B id s R e je c t e i .— All bids were
rejected on November 28, 1898, for the $137,001 o% funding
bonds, according to reports.
Garrard County (P . 0. Lancaster), K f . - S m i Is s u e . —
This county will issue (according to local reports) $60,000 - if
free-turnpike bonds. Securities will ba in deuominatioa of
$ >00 and will mature $5,000 in five years au l $1 QUO yearly
thereafter.
Gloucester, Mass. — T e m p o ra ry L o a n .— The city has nego­
tiated a six months' loan or $50,000 with Rogers, Newman &
Tolmau, Boston, at 2 727. Following bids were received :
fto«vr*. Newmau R1
Totrann,Bost..2-72jE j Kino* .t Cuinmiiif-ii. Bos.$f> prem.,3‘0C%
S™*,1 VA-oodwin. Dost m .......... 2-74* | IM k c i I v & Crocker, B oston ............ 3-06S
,
Bo-i.>n......... ..2-7117 City Nut. Hank, W o rcester............. 8.70*
<-nri i* & M otley, B o sto n ...............a- * |

08

Grass Valley (Gity), Cal. — B o n d O f f e r in g — Proposals will
be received until January 10,1899, by W. D. Harris, Clerk, for
' f ',000 i t sewer bonds. Securities were authorized at the
election held November 8,1898, They are in denomination
of $1,000, dated February 18, 1899. Interest will be payable
annually on the second Monday in February at the office of
the City Treasurer. Principal will mature one bond yearly
from 1900 to 1939 inclusive. A certified check for 107 of
?r Pxsrlk, H. f1,. (P
( P,. 0,
0. Por
Port Jervis), Union Free School the amount of bid must accompany proposals.
GrossePoInte Farms (T illage), Wayne County, Mich.—
District No. 1. -B o n d O ffe rin g - Proposals will be received
’tntwr 12, 1998. by the Board of Education, B onds D efea ted .—The election held in this place recently for
, Clerk, for $22.Of*i 47 coupon bonds. Secur- Ui" purpose of submitting to the people the question of isit).
!■ nomination of $1,000, dated December 15, fcuitig: e le c t r i c - ]b o u d s resulted in a negative vote.
1M
Hamilton, Ohio.—Bond O ffe rin g ,—Proposals will be re­
11 (- payable May 1 and November 1. prim
" f2,<*ti yearly on November 1 from 1899 to ceived nntil 3 r. m. December 5, 1898, by M, O. Burns, City
Clerk,
for the following bonds :
Each proposal must be accompanied by a
t 10i of par value of bonds bid. The is'su- D b W k jlJ t-IO -year Markut stre et improvement, bonds.
’ i?..‘Tuui tv,0mlm.'i1 1"* *L0J» yearly from1890to 1001, inetuis was authorized by the Board of Educa­

4,500i%1-15 year aaaitary sower bonds.

pes

-On

>* W
!0. * Foti<

2,400 4l i t l - i o year refu ndin g sew er bonds.

>vember 28.1898,
*1 to W . J, Hayes
re the bids:

41,0
«°® * * * * * tTom 1899
The above bonds are all dated December 1, 1893. All bids
must be accompanied by a certified check for $500.

D ecember 3, 1898.J

TH E

C H R O N IC L E .

Harrison County (P . 0. Cynthiana), Ky .— B o n d O ffe rin g .
— The county will sell at public auction on December 15,
1898, $50,000 4% turnpike bonds.
Hatboro. Pa — B o n d Sate. —On November 3,1898,82,000
4£ 10-30 year (optional) bonds were awarded one half to the
Union Library Co. at 10P375 and one-half to the trustees of
the Loller Academy at 10150. Securities are in denomina­
tion of $100 and were issued under authority of an ordinance
approved October 20, 1898.
Hyde Park, O hio — B o n d S a le .— On November 23, 1898,
the highest bid received for the $9,720 80 4 % i street- im­
provement bonds was that of Briggs, Smith & Co., Cincin­
nati, at 103-75. Following are 'he bids :
Briggs. Smith * Co., Cincinnati.. 103'75 I S. Kuhn A Sons. Cincinnati.........102-S2
Seasongooa & Mayer, Cincinnati.103-70 | Rudolph KleybO lte * Co..Cincin .101-52

Bonds mature $972 08 yearly from 1899 to 1908, inclusive.
For further descriptien of bonds see C hronicle November
5, 1898, p. 968.
Indianapolis, Ind . —B o n d O ffe r in g .— Proposals will be re­
ceived until 12 si. December 15, 1898, by E. M. Johnson, City
Comptroller, for $110,000
refunding bonds. Securities
are in denomination of $1,000, dated January 1, 1899. Inter­
est will be payable January 1 and July 1 at the banking
house of Winslow, Lanier & Co., N ew York City. Princi­
pal will mature January 1, 1909. A certified check upon
some responsible bank of Indianapolis, payable to William
H. Schmidt, City Treasurer, for 2%% of the par value of
bonds bid for, must accompany proposals.
The

o ffic ia l n o tic e o f th is

b ond o ffe r in g t r ill be

fo u n d

a m o n g the a d vertisem en ts elsewhere in th is D e p a r tm e n t.

1175

of $850 and mature one bond each six months from March 1,
1899, to September 1, 1903, inclusive. Interest will be pay­
able March 1 and September 1 at the County Treasurer’s
office.
Massillon, Ohio.— B o n d S a le .— On November 55, 1898, the
$1,210 6# sanitary-sewer bonds were awarded to the First
National Bank of Massillon at 103-75. Following are the
bids:
First National B a n k ,M a ss illon ..$1,245 . Briggs. Smith A Co., Cincinnati..$1,240
Seasongood A M ayer, Cincinnati. 1,245 First N at. Bank, B a rn es ville...... 1,230
-----I S. A . Kean, C hicago..................... *1,248

* Irregular.

Bonds mature $240 yearly on November 1 from 1899 to
1903, inclusive. For further description of bonds see Ch ro n ­
ic le November 12, 189S, p. 1020.
Mentor (Ohio) School District.—Road S a le .— On Novem­
ber 10, 1898, $5,000 4% school bonds, were awarded to the
Society for Savings, Cleveland, at 100-2626. Five bids in all
were received for these bonds. Interest will be payable
semi annually and the principal will mature $1,000 yearly,
from 1900 to 1904 inclusive.
Milbank, Grant County, S. Dak.— B o n d O ffe rin g .— Pro­
posals will be received until 6 P . m . December 16. 1898, by
the City Council for $10,000 5% 5-10 year (optional) refunding
bonds and $13,000 5% 10-15-year (optional) refunding bonds.
J. E. Truran is the City Auditor.
Milwaukee County, Wis.— B on d s P ro p o s e d . — A resolution
is being considered by the County Board, petitioning the
State Legislature to empower the issuance of bonds for the
erection of a viaduct.
Mobile, Ala.— B on d s A u th o r iz e d . —The House has passed a
bill authorizing the city to issue bonds for the purpose of
acquiring water-works and sewerage systems.
Montgomery, Ala.— B o n d s P ro p o s e d . —A bill recently in­
troduced in the State Legislature provides for the issuance
of £95,000 bonds to build and equip school houses and to con­
struct sewers. The bill has passed the State Senate.
Montgomery County, Ky.— B o n d S a le .— On November 30,
1898, $50,000 4% turnpike bonds were awarded to Seasongood
& Mayer, Cincinnati, at 103-255. Securities are in denomin­
ation of $1,000 and mature t30 years from date of .issue, sub­
ject to call after 50 years.
Morgan County, Ala.— B on d s P ro p o s e d . —The State Legis­
lature has under consideration a bill providing for an election
to be held in this county to vote on the question of issuing
$75,0<)0 road bonds.
Newburgh, N. Y.— N o B o n d s a t P re s e n t. — It has been re­
ported that this city had under consideration the issuance of
$274,000 water supply bonds. W e are advised by the City
Clerk that there has been no authority as yet to issue bonds
to raise money for improvement of the water-works system.
Norwalk, Ohio.— N o B o n d s V o te d . — Mr. F. W . Christian,
City Clerk, writes ns that the report in some of the papers
that this city had voted to issue $10,000 water-works bonds
was incorrect.
New York City.— B o n d S a le . — On November 29, 1898, bids
were received for $1,725,000 3 ^ gold bonds and stook, which
were awarded as follows:

Kasota (V illage), La Sueur County, Minn.—Bond Sale.
— On November 25, 1898, the $5,00 > 4% city-hall bonds were
awarded to Kane & Co., Minneapolis, at par. Other bids
were as follows: W . J. Hayes & Sons, Cleveland, $4,8t0 for
a 4% bond and $5,048 t o r a 4%% bond: S. A. Kean, Chicago,
bid for a 4% 8-year bond on a 4^3! basis; the Minnesota Loan
& Trust Co., Minneapolis, bid par less $20. Principal will
mature one bond of $2,000 5 years from date and one bond of
$3,000 10 years from date. For further description of bonds
see C hronicle November 19, 1899, p. 1073.
Little Falls, Minn .— B o n d O ffe r in g .— Proposals will be
received until 8 p. si. December 16, 1898, by F. E. Hall, City
Clerk, for the $60,000 5$ water and light bonds which were
voted at the special election held on October 4, 1898. Secur­
ities will be in denomination of $1,000; interest will be pay­
able semi annually at the National Bank of the Republic,
New York City. Principal will mature 20 years from date
of issue. Bonds are issued pursuant to Chapter 204, General
Laws of Minnesota for l v93. Each proposal must be accom­
panied by a draft or certified check in the sum of $500. The
official circular states that the interest on previous issues of
bonds by the municipality has always been promptly paid;
also that there is no litigation or controversy pending or
threatened concerning the validity of these bonds. Bids will
be opened and considered by the City Council at 9 a . m .
December 17, at the city ball.
$200,000 SchooUUouse Bonds.
I $100,000 M etro iolita n Museum Bonds.
G. H arram an...........„$25,(XiO@ 108*85 I 8pencer Trask A Co., N ew York..l08'21
Lock Haven, Pa .— B o n d S ale .—The city has sold to the C.
M anulactu rers’ Tr. Co. .100.000® 108*18 I
f *00,01 0 Botanical Bands.
Lock Haven Trust & Safe Deposit Co. $25,000 £$ 10 20-year B e rt Reiss ...
........... 75,000<«;108*12 Farson, Leach A Co.. N ew York..l08*25
$250,Of 0 Bepavino Bonds.
|
$4 76,000 Bridge Bonds.
(optional) refunding bonds at 100-80. Securities are iesuedto C. G. H arram
an .............$25,000@ 108*45 |Farson, Leach A Co., New Y o rk ..108*30
$500,c00 Assessment Bonds.
refund a like amount of 5% water bonds maturing December Farson, Leach A C o ___ 225,000tgil08*16
I K in gs Co. T ru st Co., B roo k ly n ... 106*10
I, 1898. The new bonds are free from taxation.
Louisville, Ky .— T e m p o ra ry L o a n .—A four months’ loan
Following is a full list of the bids, numbering 38 and aggre­
of $30,000 will be negotiated with the Western Bank, ac­ gating $24,167,000:
cording to local papers.
school bonds...................108*10
{ $200,000
250,000 repaving bonds.*.......... 108*15
Lowell, Mass.— T e m p o ra ry L o a n .—The city has negotiated
Farson,
Leach
A
Co.,
N
ew
York.
a one-year loan of $200,000 with Rogers, Newman & Tolman,
Boston, at 3-06£. Following are the bids:
100,000 Met. Museum bonds..... 108*20
Rogers. Newm an A Tolm an, Bost.S'eOJ i F. S. M oseley A Co., Boston....... 3*242
B lodget, M erritt A Co . Boat o n .... 31^^ I Parkinson A Burr. B o sto n ......... 8*322
Blake Bros. A Co.. B oston ......... JfvOjt l CortU A M otley. B oston
3*3762
Bond A Goodwin, B o s t o n ............3*202 | W m . O. Gay A Co., B o s to n ......... 3*472

A bid of JcO-837 was received from Jose, Parker & Co.,
Boston, for a 4% loan.
Macon, Mo.— B o n d E le c t io n .— An election will be held Dec­
ember 6, 1898, to vote on the question of issuing $20,000
sewer bonds. Securities, if authorized, will bear not more
than 5% interest, payable May 1 and November 1. Principal
will mature 20 years from date of issue, subject to call after
5 years.
Madison County, Ky .— B o n d S a l e —The county has sold
the $70,000 4 % 1 turnpike bonds recently voted to W . J.
Hayes & Sons, Cleveland, at 103 25. Bonds mature from the
sixth up to the twentieth year after issue.
Malden, Mass.— B o n d S a le .— O n November 29, 1898, the
following bonds were awarded to Rines & Cummings, Bos­
ton, at 101-55: $4,000 4% 1 4-year (serial) Broadway extension
bonds, $4,000 4% 1-4 year sanitary bonds and $2,000 4% 1-2-year
(serial) school grading bonds. The Broadway and school
sanitary bonds bear the date of September 1, 1898, and the
grading bonds December 1, 1898. Interest will be payable
semi annually at the National Bank of the Redemption,
Boston.
Marcy (Town ), N. Y.— B on d s A u th o r iz e d .—The Board of
Supervisors has authorized the issuance by this town ot
$8,000 !>% bonds for the improvement of roads and bridges.
This loan was made necessary on account of the damage
caused by a flood last summer.
Marlon County, Ohio.— B on d S ale .— On November 5,
1899, $8,500 6^ ditch bonds were awarded to the Fahey Bant­
ing Co., Marion, at 103 976. Securities are in denomination

200,000
Bot. Museum
bonds.......108*25
100.000 school
bonds..................
108*18
476,000 bridae bonds.................. 108*30
100.0C0 school
bonds..................
108*12
L 600,000
assessment
bonds......... 103*33
25.000 school bonds...................108*85
25.000 repaving bonds.............. 108*45
25.000 M et. Museum bondB— 108*05
C. J. H arram an .......... ......... .. ......
26.000 But. Museum bonds___107*65
26.01 0 bridge bonds
...........107*35
25,000 assessment bonds.......... 102*75
100.000 M et. Museum bonds— 108*21
Spencer Trask A Co., N ew Y o rk ,...
200.000 school bonds................. 107*21
250.000 repaving bonds............. 106*76
100,U00 M et. Museum bonds— 107*51
Kings County T ru st Company, Brook­
200.000 Bot. Museum B on ds... .107*52
ly n .............................................. ........
475.000 bridge bonds
............ 106*10
600.000 assessment bonds......... 106*10
200.000 school bonds ............... 108*038
260.000 repaving bonds .......... 108*038
100.000 M et. Museum bonds — 108*038
Ladenburg, Thalm ann A Co., N. Y —
200.000 B ot. Musem bonds ...... 108*038
476.000 bridge bonds ................. 108*038
50,000 school bonds
......... 108*00
T h e B r o o o k ljn B an k...........................
6u,0l0 assessment bonds......... 103*50
Produce Exchange T ru st C o „ N e w Y o rk (all o r n o n e)................ ......... .107*20
Vll ,
B
„ , ,
($
school or any 1028 bds. .107 93
Newburg Savings B an k....................... j 100,000 school or any 1928 bds. .107*65
200.000 school bonds...................107*85
260.000 repaving bonds.............. 107*85
100.000 M et. Museum bonds.......107*85
Owen Daly A Co., Baltimore.
200.000 Bot. Museum bonds... .1U7‘85
476.000 bridge bonds...................107*85
i 600.000 assessment bonds.......... 103*30
200.000 school bonds...................107*80
r 260.000
repaving bonds.............. 107*80
100.00 M et. Museum bonds___ 107*80
W estern N ational Bank, N ew Y o rk ...
20i»,000 Bot. Museum bonds.......107*80
47 5.000 bridge bonds.................. 107*80
600,000 assessment bonds........ 103*05
f 200,000 school bonds...................107*122
260,000 repaving bonds.............. 107*122
j 100,000 M et. Museum bonds — 107*122
J. A W . Seligman, N e w York.
i 00,<i00 Bot. Museum bonds ....107*122
475.LOO bridge bonds.................. 107*122
L 600,000 assessment bonds.......... 102*41
M an ufactu rers’ T r . Co., Brooklyn.
Bert Reiss (o r any 1028)................

100,000

1

TH E
s
.

**»> MV-!, Vi 11448
*<wi brill*W tM»n

•• ’ 1122s!
.107*123
107*123

'2 T i o r l n
....... 107*00
......107*00
» ......iffh w
i
.107 00

■f*X> 5t*l U tm

i Lost e Village Clerk, for *5,000 village bonds. Securities
are in'denomination of *600. dated January 1, 1893. Inrer, s t will l>e at n o t more tlian H , p a y a b l e January 1 and July 1.
Principal will mature *500 yearly on January 1 from 1903 to
1 9 jo inclusive
Bond- will be sold to tlie person who will
take’them at the lowest rate of interest. A certified check
for 10? of the amount of the bonds will be required with

......107*81

Itii.

. ' K J a W i l ' .;:iorsi

itii*«uua bonds.... .107*81
lu in iii

.

.107*81

P at e^s en *N 3 .— B o n d S a le .—On November 29, 1-98, *20,Oou 4? 10 -vear refunding bonds and *18,000 4% 15-year sewer
bonds were awarded to R. B. Smith & Co„ New York, at
105 95. Following are the bids:
S ew er

««n eiu bonds- .. ..1* 3*.15
M.l

....... 1 (0 88

,¥J,;2VH)n<ls . ;....100HS
HO 88
. Mtt*
bonds -...lou tw
Mum
__ 1011*88
!*#* 1*o
102*81
i.uitE

»aeWol.bonds........
ir r p a v l n t f n o n d s .......
i Met- Museum bonds.
•Rot Museumbond

, 1<0*25

.100*#5
.100*25

. 100*26

OUt b o n d s.,...... 100*2
*hj *cb «ol bond *i*... - •-- • 107* 78
m i Mel M u k 'Uig boo<E...... 107*78
co bridge bonds................. 107*78
o>u rebAvlna bonds. . . . . . . . - ,107*71
■CMschool bonds ................ fSZ!7?
ii o roiinvln*; bonds.
ti
vor any issue o f 1W8.)
• it school bonds..................107*27
■ml school bonds ..... ......100*77
(or any
o f 1828.)
h*;t £t«>cssnJont bonds,-........ 1C-08
K»0 school bonds .................107*05
k o repaving bonds............. 101*76
s;o school b a rd s..................107-00
O'l school bonds,--------- -., 100*78
*>* r«*|»aviu*r bonds
......1* 0*70
i o Mt-t. Museum bond."......100*78
h'o But. Museum bond"......1« 0*70
oo bridge bond* . .......... .U ti‘70
18.1,1pchuul bonds..................103*68
............ 103*00
K-'j scJund bunds
oo school bonds.................
, 66 repaving b o n d s ............
.two M et. Museum bonds. ...lvO'udd
lu r a o j iw«&i issue)
;100*600
10,coo sehoot born! *..........
iioo^ow *cU6bl bond* .. ... ....
..
105*00
school bonds ....... —
1,'Ou school bonds.............. .102*04
J.iMO ropavuift b o n d s ........ ,..lu2’9*
£00.000 iw 'iool bonds ........... .
ftO,* ta) school bonds............. ...107*52
...lu;*30
>" Met- Musoam bond
(o r any lfd?8 Issue.)
lo.oCOacbool bonds............. ...104*77
loo.ouo w m bn u en t bunds..... ..102*00
- .......... . .103*01
25,O0U school bonds— .... . . .104*u3
.105' 13
i f '.
school bonds .. —
16,oiM soooul bonds............. . .100*13
/ • o scbtvol bonds............. .. 10**34
5,o O school bonds............. .. 108*01

100*060
100*000

\

[VOL. LXYTI.]

C H R O N IC L E .

B. a Smith * Co.. N ow Y o rk ............
Goo. s. M cC arter. .... .
•• ...........
Faraon, Leach .V Co.. Now Y o r k ..,..
JO,ho o . Jones Co., N ow 1 ork...........
M. W . H arris & Co.. Now \ o rk .........
Bet.well S K verltt, Now York. ........................
P r ,.v i.lo »t ln slltu tio n fu rru v ln g s ..................
Fraud s K. M eC u lIi. ...
• ........................
llan 'l A . Moran & Co.. N ew York........................

R e fu n d in g

Bonds.
firm (is.
305*05 fo r both o f th e Issues.
107*03
101*04
107*016
101*015
106*811
101*271
106*553
103*837
105V3
1* .V41
,
.
103*35
JOB-Ot
ltrS’19
IS L S i
108,6
lu i,0

Pella (Marion County), Iowa.—No B o n d Issu e.— I t has
been reported that at a special election held recently this
town voted to issue railroad-aid bonds. Upon inquiry we
learn that no bonds will be issued. The people voted a 3<t
tax to aid the Iowa Central & Western, payable in two in­
stalments, one in 1900 and one in 190i,
Pittsford, Y t .— B o n d s P ro p o s e d .— W e are advised that a
bill has passed the State Legislature providing for the issu
ance of bonds. 'I bis question must first be voted upon by
the town before the bonds can be issued and the proposition
will be submitted at the annual town meeting in March, 1899.
Ponca (Neb.) School District .— B o n d E l e c t i o n —An elec­
tion will soon be held in this district, according to reports,
to submit to the people the question of issuing $13,000 of
bonds for a new school building.
Reading (Town), M ass— Aoiid gate.— On November 15,
180 8 $2 000 4 ? water loan notes were sold to Blodget, Merritt
& Co., Boston, at U3'81. Following are the bids:
B lo d eet M erritt & Co.. BostoB.112'31 I B la k e Bros. & C o , B o sto n ...........m q t
Jose, j'u rker x Co.. Boston....... la g;}® ! I E. H . Gay & Co., B o sto n ............. •11*29
Parkinson & Burr, Boston.......... 111*03
KstHbrook & Co., B o sto n ..........112 16
\V. Holm an Cary & Co., B o s t o n .I ll oSO 1

Interest will be payable in June and December and the
principal will mature'in June, 1924.
Ripley County (P . 0. Doniphan), Mo.— B o n d S a le .— The
county has sold the $30,000 4% court-house and jail bonds to
y
a St. Louis firm at par less
commission. Bids for these
bonds were received until November 10, 1898. They mature
(
$i,000 yearly on December l,fro m 1899 to 1918, inclusive.
Se » *Vo
For further description of bonds see Chronicle of October
. Hank.
22, 1898, p. 884.
River head Union Free School District No. 5 (Town of
0*0
*
Riverhead, Suffolk County), N. Y . - B o n d O f f e r i n g . - Propo­
10
sals will be received until 1 r. m . December 10,1898, by Chas.
(
0
M. Blydenbnrgh, President of the Board of Education, tor
Bead# mature <y follows.:
$25,000 H bonds in denomination of §1,250 and for $6,000 i%
■.m
» and .ItA *i. bonds manuring N o v . 1,1028.
bonds in denomination of $3C0. Interest on both of these
r(*fiiu*6. bonds maturing Nov, i, 1028.
extension o f the building o f the M etropollissues will be payable on December 1 annually at the Suffolk
U m storing N ov *, IV28.
AM.
a ! M ummiiu and H erbarium , bonds maturCounty National Bank, Riverhead, and the principal will
b e truucms if Ho
rjfor« 1,
mature one bond of each issue yearly on December 1 from
H arlem R ive r at VflU U Avenue, bonds maturing Nov.
1899 to 1918, inclusive. Bonds will be dated the day of de­
i:t*>,®00
bond*, maturing tfo *. 1 , 1608.
livery and bear interest from date. Bids will be opened at
Ohio. - B - n - l SaU:. -The Ohio State Board of Agriculture, the law office of E. W . Tooker in the village of Riverhead.
cm or about November 12, 1SDK, sold the $80,000 i f mortgage Assessed valuation of this district is $1,341,904. Total
coupon tuoda, $75,000 to the Sew First National Bank of authorized debt $81,000. Population about 2,200.
Oolufflbu. and *5,000 to employes of the Department of
Saginaw, Mich .— B o n d S a le .— O h November. 30, 1898, the
Agrtcnln,
description of these bonds will be found $15,000 4% water bonds were awarded to Estabrook & Co.,
Boston, at 107-71. Bonds mature December 1, 1919. For
in the OuSOSlCLK M ty i t. 1898.
Orange town ( N. V.), Union Free School District No. 8.— further description of bonds see C hronicle of November 26,
—t in December 1. 1893. the $24,09J 4? bond, were 1898, p. 1124
Salem, Mass. — T e m p o ra ry L o a n .—Docal reports state that
*old at pablic ancUou to Edw. C. Jones Co., New York, at
107 'i'1. Bonds mature $$,006 yearly on January 1 from 1907 the city lias negotiated a loan of $80,000.
to 1918, inclusive. For farther description of bonds see
San Luis Obispo County, Cal.— B o n d s D e fe a te d .— A t a
ChaoXiOi.f; of November 19, 1893, p, 1074.
recent election the qntstion of issuing $20,000 4% wharf bonds
iJ-hh’i'h. Wit*. —B o n d S a te . — Mayer A. B. Idesou writes us was defeated,
as toil jw., concerning a recent transaction by which $75,000
Santa Barbara, Cal.— B o n d s P ro p o s e d .—A t a meeting of
i romtiaea: " W e is.ued $7ij,000 4 f straight twenty- tbe City Council held November 17, 1893, the Committee on
sfui ling bonds interw payable semi-annually, which Ordinance and Judiciary reported as premature an ordinance
panted with ti e National Union Bank, and seedred providing for the issuance of $50,000 bonds to extend the
ih, with wnicta we are calling in a water system. The proposition has been postponed for the
them $75,000 in
l:( to call and drawing a higher
present,
nme time we deposited $75,000
Santa Barbara (p u l.) School District .— B o n d M e c t io n .—
National Union Bank, for which A special election will be held on December 17, 1893, to vote
deposit, drawing i f semi-annual on the question of issuing $10,000 bonds fo r a high school
wai by giving 15 days' notice, the building. The bonds, if issued, will mature in 10 years.
atilt,-- being held it the option of
Schuylkill County, Pa . - L o a n P ro p o s e d .— The county
iding that as the library money is will shortly borrow $12,000 to jjay current expenses.
>nd, are to be sold to the highest
Shelby, Ohio. -L o a n A u th o r iz e d .— T h e City Counoil has
authorized a 15 day loan of $3,000 for current expenses.
Sioux City, Iowa.— B ond s Proposed .- —Mayor J. K, Quick
tlfk I owa
at an writes ns that the city proposes to issue bonds to fund out­
M i t ic
issue standing warrants, but that the plan now considered pro­
9 m of
vide* for the • x ihange of the warrants for the bonds and
ag a
the)dole the bonds will not he placed on the mar•opo
V a lid a te B o n d a ket.
i i jrr * & Whitehead,
Sioux City ( Iowa) School District,- B on d S o le .—Tbe dis­
ntu to ratiify the issuance trict ii .< ru'1',,‘pt <1 tlit-, oil- rot (J-eorge M. Bechtel, to take
ding w
warrants. This 1312,01 0 4 bonds, issued to refund the outstanding indebted­
A stated io the ness of tbe district.
l?fe« le i. As
|,<}Q* of Slo t 5} bonds wme
Sumner County, Kan.— B on d s Voted ..—The county re­
months ago.
cently voted to issue $20,000 jail bonds.
X ill
— B on d OJ/e up.—Proposals
Tallapoosa County (P . O. Dadevillo), A la .— L o a n P r o ­
jmbar 1$, It S, by Joseph T. p o se d .—The County Commissioners will, it is stated, petition
\
<

December 8 1898. |

i'H E

the Legislature for authority to borrow $20,000 for current
expenses.
gTopeka, Kan .— B o n d N ew s .—'The $440,000 water bonds recertly voted will bear interest at not more than 54, payable
semi-annually in New York City and will run for a period
of not more than 20 years. Bonds will be in denominations
of not less than $10 nor more than $200.
Travis County, Texas .— B o n d O ffe r in g .—Proposals will he
received by Robert R. Lockett, attorney-at-law, Austin, for
the purchase of $136,0C0 44 10-40 year refunding bridge bonds
of this county.
Troy, A la .— B on d s P r o p o s e d — Bills have been introduced
in the State Legislature providing for the issuance of $138,
000 refunding bonds.
Troy, N. Y — B o n d O ffe r in g . —Proposals are asked until 12
M. December 6, 1898, by the Mayor, Comptroller and Cham­
berlain for $60,000 3&4 bonds known as “Public Improve­
ment Bonds of 1898.” Securities will be issued in such de­
nomination (but not less than $5,000) as the bidder shall de
sire, and will bear date of December 15, 1898; interest will be
payable semi annually at the City Chamberlain's office. Prin­
cipal will mature on December 15, $10,0' 0 yearly from 1915
to 1920, inclusive. Bonds are issued under Chapter 670 of
Laws of 1892, as amended by Chapter 241 Laws of 1898, and
in pursuance of a resolution of the Common Council adopted
November 17, 1898, and approved November 26, 1898.
Washington, Ga.— B o n d s P r o p o s e d — The issuance of $90.000 water-works, sewer and electric light bonds is the sub­
ject of a bill now being considered in the State Legislature.
Watertown, Mass — L o a n O ffe r in g .-Proposals will be re­
ceived until 12 m . to-day (December 3, 1898.) by Samuel S.
Gleason, Town Treasurer, for a loan of $50,000 in anticipa
tion of the collection of taxes. Loan will mature April 10,1899.
Webster Groves, Mo.—No B o n d s to be Issued a t P re s e n t .—
W e are advised that no action has been taken towards the
issuance of the water works bonds authorized some months
ago. It is doubtful whether the bonds will be issued before
next year.
Wellston, Ohio.—Rond S a le .—On November 28, 1898, the
$7,490 60 54 s tre e t improvement bonds were awarded to
Seasorgood & Mayer, Cincinnati, at 105'0096. Following are
the bids:

NEW

PROPOSALS
F o r ib e P r iv ile g e o f

EX T E N D IN G T H E TIM E OF P A Y M E N T
OP

$ 8 ,000,000
Of the Bonds of the City of Cincinnati,

Seasongood & M ayer, Cincin..$7,865 85 I N e w First Nat. B ’ k,Columlnu.$7,640 60
S. Kuhn & Sons, C in cin nati... 7,835 16 Columbia Trust Co., M iddleLam precht Bros. Co.. Cleve. . 7,805^5 1 town. Conn............................ 7,573 00
Briggs. Smith & C o .,« incin
7.796 10 I D. A . W alker, Columbas . . . . 7,515 60
W . J. H a yes & Sons, C le v e .... 7,787 60 |First Nat. Bank, W ellsto n — . 7,495 60

For description of bonds see Chronicle of November 5,
1898, p. 970._
Whittier, Cal.—Bonds V o te d .— At a recent election the
proposition to issne$40,0f0 5# gold water works bonds was
anfhorized by a vote of 235 to 33.
Wilson County, Tenn .— W a r r a n t S a le .— On November 22,
1898, $78,000 64 warrants were awarded to the Sykes Banking
Co. of Nashville at 100'833. Following are the bids:
P re m iu m . .
P re m iu m *
Sykes Ranking Co., N ash ville.. .$650 00 G oulding M arr, N a s h v ille ......... $301 00
W ilson County Bank, Leban on . 400 00 I Farson, Leach & Co., C h ica go.. 289 50

Warrants are issued to take up outstanding railroad-aid
bonds falling due January 1, 1899. They will mature $18,000
Jariuary 1, 1899, and 8-0,000 yearly thereafter.
Windsor Locks, Conn.— B i nds V o te d .—This town voted
on November 25, 1898. to issue $30,000 44 bonds. Seiurities
will mature one third iu ten, twenty and thirty years.
L o a n A u th o r iz e d .—A loan of $5,000 has been authorized to
meet current expenses.
Woodsfleld, Monroe County, Ohio.—B o n d O ffe rin g . — P r o ­
posals will be received until 10:30 a . m ., December 30, 1898,
bv the Mayor and Village Clerk, for the $8,000 electric light
plant bonds, recently voted. Four bonds are in denomina­
tion of $500 and nix of $1,000 each, ail dated November 1,
1898. Interest will be at not more than 64, payable semi an­
nually at the Monroe Bank of Woodsfield. Principal will
mature $500 yearly on September 1, from 1900 to 1903. inclu­
sive, and $1,000 yearly on September 1, from 1904 to 1909, in­
clusive. The rate of interest will be determined by the bids.
Bidders must satisfy themselves as to the legality of the
bonds, prior to filing their proposals, which must be made on
blanks furbished by Geo. P. Dorr. Village Clerk. A cert­
ificate of deposit showing that the bidder has deposited with
the Monroe Bank a sum equal to 54 of the face value of the
bonds bid for must accompany proposals.
Yonkers, N. Y .— B o n d S o le .—On November 23,1898, $21,000
44 public building and dock bonds and $4,00u 44 assessment
bonds were awarded to the Yonkers Savings Bank at
103-0913. Following are the bids.

N E W LOANS.

LOANS

U N D E R W I L L E X P IR E ON T H E 81st D A Y O F
D EC EM B E R. 1808.
Bidders should state the premium they w ill pay fo r
the p rivilege aforesaid.
T h e Trustees reserve the right to reject any o r ail
bids. F o r 1uller inform ation address 'rT h e Trustees
o f the Cincinnati Southern Railway, Cincinnati,
Ohio.” Proposals must be enclosed in a sealed en ­
velope. indorsed “ Proposals fo r ih e P riv ile g e or E x­
tending T im e o» Paym en t o f Bonds,” addressed to
the Trustees as above.
B y ord er o f the Board.
E. A . FE R G U SO N , President.

Issued fo r th e Construction o f the

HIGH-GRADE

Cincinnati Southern Railway,

State, Municipal, County, School

M A T U R IN G J U L Y 1,1902.

BONDS.
Legal Investm ents fo r Savings Banks in N ew York
and all N ew England.

S E A L E D P R O P O S A L S will bo received by the
B O A R D O F T R U S T E E S O F T H E C IN C IN N A T I
S O U T H E R N R A I L W A Y a t their office in the Odn
F e llow s’ Tem ple, northwest corner o f Seventh and
Elm streets, Cincinnati, until T U E S D A Y . T H E
20TH D A Y O F DECK M B KR, 1898. at 3 o ’clock P. M..
fo r th e p rivilege o f E X T E N D IN G T H E T IM E OF
B .A N K E R S ,
P A Y M E N T o f all o r any part o f the outetandh g
C O U PO N BONDS o f the C I T Y O F C IN C IN N A T I,
No. 1 N a s sa u Street. N e w Y o r k ,
but n ot to exceed
,000,000. Issued under the A c t or
M ay 4, 1869 (66 O. L.,
), fo r th e constructioa o f the
3d and W a l n u t Streets, Cincinnati, O.
C I N C I N N A T I S O U T H E R N R A I L W A Y . Said bonds
are dated July 1st, IS fv.w ith coupons payable on the
first days o f January and J u lj, and m ature July I, L I S T S M A I L E D U P O N A P P L I C A T I O N .
1902, both principal and Interest being pavabl** at
the A m erican Exchange National Bank. N ew York.
$494,000 o f said Bonds bear interest at th e rate o f
S E V E N P E R C E N T and $7,64$.ooo a t the rate o f
SEVEN AND T H R E E TE N TH S PE R C E N T.
U N D E R A N A C T OF T H E G E N E R A L A S S E M ­
B L Y O F O H IO , passed A p ril 25.1898 ( 93 O .L .. p.o72).
said T R U S T E E S A R E A U T H O R IZ E D by a proper
l i t M o r t g a g e tif 4 0 - y e a r Gold B o n d * .
indorsem ent or stamping on any o f said outstanding
Bonds and the coupons th ereof, to agree to EXT o ta l issue $260,000.
T E N D T H E T IM E O F P A \ M E N T o f said Bonds
F irst M ortgage at $14,000 per mile.
fo r a penod n ot to exceed * O R T Y Y E A R S from the
m aturity th e reo f upon the H O L D E R S o f such por­ Net earnings fo r 28 m onths o f operation. $09,9*43 i 9
tions o f said Bonds as said Trustees may agree with,
equ ivalen t to 12* on the total issue o f bonds.
A G R E E IN G TO R E D U C E T H E I N T ERST thereon
Popu lation o f L os Angeles 103,079.
to such rate as said T ru stee shall fix, not exceeding
T H R E E A N D O N E -H a L F P E R C E N T per annum.
8end fo r fu ll description o f property.
A nd said Trustees are fu rth er authorized to cause
to be engraved, printed and attached to said bonds
such additional coupons as may be necessary to e v i­
dence the Interest to be paid fo r the extended tim e
19 M i l k Street, Boston, M a s s .
o fp a y m en t.
B Y V IR T U E OF T H E A F O R E S A ID A U T H O R ­
I T Y S A ID T R U S T E E S h ave determ ined to E X ­
T E N D T H E T IM E O F P A Y M E N T o f said bonds
T H I R T Y - E I G H T years from the m atu rity th ereof,
so that they will m ature J U L Y L 1940, upon the
fo llo w in g condition s: T H E R E D U C E D and A D ­
D IT IO N A L coupons to be payable at the A M E R ­
IC A N E X C H A N G E N A T I O N A L B A N K . N ew York,
INVESTMENT BANKERS,
a t the rate o f T H R E E A N D O N E H A L F P E R
C E N T per annum. T h e coupons due January 1,
1899, to b e paid a t present rate.
1st National Bank Building, Chicago.
T h e H O L D E R S o f these bonds have aa SECU R­
Correspondence solicited.
I T Y a F IR S T and O N L Y M O R T G A G E U P O N T H E
L IN E O F R A I L W A Y extend ing from C IN C IN ­
Reference, First National Bank, Chicago.
N A T I to C H A T T A N O O G A , T E N N E S S E E , T H R E E
H U N D K K D A N D T H IU T V '-S IX M IL K S ? Mid Ihe
N E T IN CO M K th e reo f derived from the lease o f the
same, now amounting to $1,090,000 P E R A N N U M
tog eth er with a T A X which it Is made the dutv o f
the city authorities annually to levy. S U F F IC IE N T
W I T H T H E N E T IN C O M E o f the R a ilw a y.to pay* 3 5 N A S S A U S T R E E T , - . N E W Y O R K .
the IN T E R E S T and provide a sinking fund fo r the
F I N A L R E D E M P T IO N OF T H E BONDS.
T H E P R I V IL E G E T O BE G R A N T E D H E R E 1

Rudolph Kleybolte & Co.,

80

$ 1 7 5,000

Los Angeles Traction Co

E. H. ROLLINS & SONS,
MUNICIPAL BONDS.

John

1177

C H R O N IC L E .

Nuveen

& Co.,

W . D. VanTvieckT-

MUNICIPAL BONDS.

N E W LOANS.
8 1

1 0 ,0 0 0

INDIANAPOLIS, IND.,

Refunding Bonds of 1899.

De p a r t m e n t o p F in a n c e ,
O f f i c s o f t h e C i t y Co m p t r o l l e r ,
}
IN D IA N A POL 8, I n d ., N ovem ber 29, 1898. J
•Sealed proposals w ill be received by the C lly Comp­
tro ller o f the City or Indianauolls, Ind.. until Thurs­
day, the fifteenth dav o f D ecember. 18f-8. a t $
o’clock M. fo r the w hole o r any part o f * 1 1 0 , 0 0 0
Indianapolis R efun din g Bonds o f i899 o f said city.
Said Bonds shall be designated "In dianapolis R e­
fu n ding Bonds o f 1899,” will be dated January 1st,
1899, and be o f the denom ination o f $ i ,000 each, with
in terest coupons attached; will bear interest a t the
rate o f th ree and one-half (8i$) per cent per annum,
payable sem i-annually on the first day o f January
and the first day o f July o f each year. T h e prin­
cipal is payable on January 1st, 1900, and both
principal and in terest are parable at the banking
house o f W inslow , La n ier & Company, New York
City. Bids 1o r th e purchase o f said bonds should be
endorsed "P ro p o s a ls fo r Indianapolis R efun din g
Bonds,” and Directed to th e City Comptroller, In d i­
anapolis. Indiana. Bidders may bid fo r all o r any
part o f said bonds.
T h e proposals w ill be opened by the C itv Comp­
troller, a t his offloe, on the fifteen th day o f Decem­
ber, 1898. betw een the hours o f 12 o’clock M. y nd 2
o ’clock P. M., and said Com ptroller w ill thereupon
award said bonos, or. I f he shall see fit, a part o r any
number th ereo f, to the high est and best bidder there•or; but said Com ptroller shall have the fu ll rig h t to
reject any and all bids or propot-als or any part
th ereof, and shall have the right to accept a part o f
any bid, and to award upon any Lid the w hole or any
less number or bonds covered by such bid. H e may
also in his ju dgm en t and discretion award a part o f
said bonds to one bidder and a part to another.
Each bid shall be accompanied by a certified check
upon some responsible bank o f the C ity or Indian­
apolis. payable to the order o f W i l l i a m H . Sc h m i d t .
City Treasurer, fo r a sum o f money equal to tw o and
one-h alf 2 ^ ) per cent o f the face or p<n value or the
bonds bid fo r o r prop* sed to be purchased. Th e
bonds awarded w ill be delivered at the banking bouse
o f W inslow, L a n ier & Company, in the Ciry o f New
Y o rk , on th e 2eth day o f December. 1898, and the
successful bidder or bidders shall take and pay fo<th e bonds awarded to him or them, and his « t their
omission, neglect or refusal so to do shall be deemed
a breach or the contract o f his bid o r proposal, on a c­
count o f which liquidated damages shall be retained
o r recovered as provided In the ordinance co ven n g
this Issue.
E. M. JO H NSO N,
City Com ptroller.

1

1

CASH PAID FOR

K a n s a s M u n i c i p a l B o n d s in d e f a u l t ,
W i c h i t a M o r t g a g e s , d e f a u l t o r n o t,
W i c h i t a o r S e d g w i c k C o . R e a l E H tn te .
F o r e c lo H u ie M o r t g a g e s , e tc .

DEAN GORDON, Fi nancial Broker,
W IC H IT A ,

KANSAS.

S. A. KEAN,

M U N IC IP A L A N D O T H E R
S E C U R IT IE S

134 L a S t i l e Street, Chicago.

1178

TH E

C H R O N IC L E .

[V ol. LXVI1.
,— InleratL— ,
Hate Payable.

LO AN Std«, N«rw York. ..... ioa'H*
.iM *»iner.t
Ik ’tutt.

101*017
101*29
101-83
101-0026

I&ST5

JOSlta
HiarOI
J*«rnt
w m i

■

few T<

Korn
i«rsa

m Ywf

?*2s A1 *

1

10103

Xhw i «W ii* bni!*UcK and d ock bood # m a tu re $0,000 A p r il 1,
!> ..T rtJ 4 fL\i m \ c u rly o n A p r i l 1, fro m 1900 to 1005, tn cliiw i l l W a r d ate o f D o o om b er 1, 1B08, and ure
l«*t**-4 pamuwat to (.’hap U T 17$, Ln w u o f 1S97* T h e a ssess
tv.fftt tv-nd* a w i^rtird p u m t a o t to S ectio n s 16 and 86 o f T it le
V U , ■<* th e C ity C h a rte r, jmhfted M a y 11. 1808; th ey w ill be
.!*% ! I> n c fin t^ r 1*
an d w ill m a tu re F e b ru a ry 1, 1001.

S T A T E A N D C I T Y D E B T C HA N GE S.
P h ila d e lp h ia -. P a .— C h m . F . W a r w ic k , M a y o r ; John M.
W a lt o n , C o m p tro lle r.
Ph51»4rHibia. <>• ♦*xten*iv«' with the county o f the Maine name, is the
ta.r-i e in o f tbc United Stale*. b «* an area o f over 130 tquare miles,
wr t Ltn iu-tr. sb muuU’f o f plat't o which have almost the character of
***.-■*T3»ic town*. The county i* under city control and has no separate
£cb?. ir, tiir. follow Inc table the various issues o f bonds under the
Kvsrml b «**K Taxed City Loan and l-utaxed City Loan, are given in
the order o f their date* o f mat tin tv.
r,.,
ty, in November, l *97, voted in favor of SI 1,200,000 bonds for
various itepforraiciit*. ;the actual amount voted was $12,200,000, but
ijxp :r.»*+ of the cuv's ga.» works -dir la ted the necessity for issuing the
#5 mjyX*-** included for the improvement of the gas plant, thus
rrdiaeAn* the amount to SI 1,200.000], and the City Connells, in June,
bH.ii Vhv
stor14to authorise the bonds, hut tlieir issue
ha.» W a ta.m*
(Dot l ) d e fe a ts by litigation,
|
LO AN S'
------------ -jPritnefpal.---------- m aw [ vs'j '•"jR;K“S£.
Jko-v /’ayflAfe. ^
0 ufsta n 4 *ff .
>Doo.31’0StoldO4 l
New funding iiMia, w ite *
J } $-100,000 yearly, i $2,800,000
1870
\Nov.l.lOOOto *19 (
Threw* ct, lou trl8 9 ^ 9 1 ,
3
M A N <$230,000 yearly, s 4,000,000
A to T . . ...... .
2.975.000
i &
(..1S93 3
... do

do
4#

•••»«•

J ,V

525,000

3>9 J At

4.100.000

4

NAME A N D PURPOSE.

Serial loan.............1896
do

^

............1898

He funding loan
1891
Subway lo an ... ... do
do
do
rtO
do
do
1897
do

1898

do

.,.1895
Rofim ding loan. ...1895
iio
do
do
do
do
do
do
do
do
do
do . ...1897
Reservoir loan, series A
to T. 1892...................
T a x i .n Cit y L o an —
Consolidated..................
do
..................
Un ta x u d Cit y L oan —
Guaranteed gas...........
Park, No. 1 ..................
Water and lee lioat......
Guaranteed gas...........
Park, No. 2 ..................
South St. B rid g e .........
Water, No. 3 7 .............
Fairmoimt Bridge . . . . .
House o f Correction...
School, N ». 3 ...............
. Water, No. 46 ....... .
Guaranteed gas...........
Police and Culverts___
Fairmount Bridge......
School, No. 5 0 ............
Fire purposes.............
Girard A t . Bridge......
Park, No. 3 ................
Water, No. 54.............
No. 53......................
Centennial, No. 55......
Ice boat, No. 5 6 ..........
House o f Correction...
School, No. 58............
Guaranteed gas..........

----------Prin cip a l.-------- >
When Due..
Oulstand'g.

J & J ^ S b . « K ) y ^ l «»2.000.000

3

J

3%

.............t e e j M

*

j r $ 0 5 , l o b y ^ '7 ]
S y a ? }

1-3 0 6 .0 0 0
2 .7 2 0 ,0 0 0

3<a ...........
Dec, 31, 190-t ’ lO
-----2.084.000
3<3
..
Dee. 31, 1904
3
10,000
< Dec. 3.1911-1918) 2.400.000
3 >3 .. ....... < $300,000 yearly. s
eo. 31, 1910-'21 i
3% J , T (D$300,000
900.000
yearly.
* 3 1*
Dec. 31, 1905-’2 4 j
3
) $120,000 yearly. \ 2.400.000
\ Deo. 31, 1905-’23 1
950.000
3»s ..
l $50,000 yearly, s
Deo. 31, 1924
44,000
3’a ..
Doc. 31, 1924
5,000
3>.| ..
Dec. 31, 1921
1,000
3*8 ..
,,,
< 1907-1926, $32,500)
3ia
..
319 ............[ annually 011 Dec. 1. J 850,009
SDeo. 31, ’(^ t o J21 j 1,000,000
3
J «fc J l $50,000 yearly.
G
G

J <fc J
J Ac J

G
6
G
6
6
6
G
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
G
6
6

J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J

&
Ac
&
<fe
<fe
&
&
&
&
&
&
&
Ac
&
&
&
&
&
&
&
&
<fc
&
&
&

J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
J
,T
J

Jan. 1, 1901
July 1, 1904
Jan.
Jan.
Jan.
Jan.
July
July
July
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
July
Jan.
Jan.
Jan.
Jan.
June
Jan.
July
Jau.
Jan.
Jan.

1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,

31,100
1,400

1899
1899
1899
1900
1900
1900
1900
1901
1901
1901
1901
1902
1902
1902
1902
1903
1903
1903
1903
1903
1903
1903
1904
1904
1905

980,200
4.020.000
1.650.000
1,020,300
1*985,100
985,400
996,100
700.000
500.000
500.000

2.122.000
500.000
425.000
200.000

,200,000

1 000,000

2.138.000
1.800.000
970.000
200.000
500.000
225.000
450.000
1,00 0,000

1, 000,000

IN VESTM ENTS.

INVESTM ENTS.

INVESTMENTS.

Government and
Municipal Bonds

PUBLIC SECURITIES

M AS O N, LEWIS & CO.,

S U IT A B L E

BOUGHT AND SOLD.
WADIS OR QUOTATION*
n m X fO fS D

LOR T f i » PU R C H A SE SALK. Oh

n cfiA M O fS o r AROVS S B C U ttlT im

BANKERS,

FO B

67 M ilk S treet, Boston,

SAVINGS BANK AND TRUST
FUNDS.

U f T l I OX A P P L I C A T I O N .

N. W. HARRIS & CO.,
IA K K K R H i

I I H A * **A t ">T. f Ha nU of ('ornm rrca B ld g.)

ADAMS & COMPANY,
BANKERS/
DKALJSKft i f f

INVESTM ENT BONDS,
At«SBL-rni o f B*j't4<ifj .ftbMk SxchfthK©.

LISTS MAILED O S V ^P LIC A T IO N .

Farson,

Leach &

CHICAG O,
160 D ear bor n St.

Go.

171 L a S a lle S treet, Chicago,
OFFER FOR SALE:
Sta te of M a s s a c h u s e t t s .............. .......... 3^8

S alt L a k e C ity, U ta h .................
B a yfie ld County, W is ........................
South Omaha, N eb ........................
T rin id a d , C o lo ra d o ...........................
And Other Desirable Securities.

County,
o

City,

BRIGGS, SMITH & CO.,
____________ C I N C I N N A T I ,

Ka. 7 C«B|rre«« and 81 State Street*,

1st Nat. Bank Bldg.

• • CHICAGO

BOSTON

F. R. F U L T O N & CO.,
E D W A R D C. J O N E S CO.
tmALKItft t »

Municipal, Railroad,
Street Railway and Gas

BONDS.

M
171

unicipal

LA

S AL LE

onds

,

S TR E ET

CHICAGO.
M. A.

lit
•
i If JUMPA & fPRKHTi
i r i i i A - i n cH&ftTm rr sr.

B

Devitt & Co.,

M U N IC IP A L BONDS.
F l r . i N a t io n a l B a n k B u ild in g ;

Whann & Schlesinger,

CHICAGO.

MUNICIPAL
MUNICIPAL

BONDS

71 B R O A K W A T , n e w

tors .

BONDS.

Hecnrltleg Netting from 8\ i to <i%
A1,WAYS ON HAND,
ftend foT oar invest nt Circular.

DUKE M. FARSON. Banker,
WsnJctpal Benda,

IS it D e a r b o r n St re et
CH ICAG O ,

School,

Bonds.

.

M U N IC IP A L B O N D S ,

,5s

State,

NEW YORK
35 N a s s a u St.

TROWBRIDGE,
Ma c Donald
& N iver C

4s
5»
6s

O H I C L __________ _

W ASH INGTON
State W ar ra nt s ,
To Net 6%.

CALVIN PHILIPS,
TACOM A.

-

W A S H I5 G T O S .

MUNICIPAL BONDS.
E . C . S T A N W O O D &, C o .
BANKERS,

121 Devonshire Street,
__________ BOSTON.___________
W AN TE D:
M U N I C H 1*A I, B O N D S ,
M U N I U I P A L, S T A T E or
C O U N T Y IV A R R A N T S ,
R A IL R O A D BONDS.
In vestm en t Securities Bought,, Sold o r Exch an ged.
W I L L I A M E. N IC H OLS. 15 W a ll S treet, N ew Y o rk .

We Buy and Sell Municipal Bonds
from Southern and Western States;
also Guaranteed Railroad Stocks.
ROSENBEBCER

& L IT E B H O R E ,

(Specialist-s in Texas Securities),
4 0 W a l l Street,

-

N ew York,

TH E

D ecembeb 3, 1898.]

C H R O N IC LE .

<— — -P rin c ip a l.----------s
— Interest.— ,
WhenJDue.
Outstand’g.
Rate. Payable.
^ j n t a x e d Ci t y L oan —
July 1, 1905
335,00
Bridges, No. 60........... 6
J & J
July 1, 1905
499,400
Sewers, No. 61............ 6
J & J
Registered loans overdue and yet outstanding............................ 14,270
Non-registered loans overdue and yet outstanding...................... 40,52Non-registered coupons overdue and yet outstanding.................. 14,00q

1179

PAR OFBO ND S—Bonds are in pieces o f $25, $50, $100 and $1,0000

Payments to Total M unicipal Assessed real and
Tax rater
Sink. Fund.
Debt Jan. i . Personal ValuaVn.®er$l,000
.$785,899
$64,390,463
$575,283,968
$21*50
. 519,197
45,093,247
479.776,643
18*00
. 329,340
32,763,899
159,119,928
28*00
. 173,737
21,356,759
155,697,669
20*00
. 81.665
............................... 15*00
P O P U L A T IO N .—In 1898 was estimated at 1,240.000; in 1890 was
1,046,964; in 1880 it was 847,170; in 1870 it was 674.022.

INTEREST payable by Farmers’ & Mechanics’ Nat. Bank,Pliila., Pa.
T O T A L DEBT, SINKING FUNDS, ETC.—The subjoined statement

Goldfield, Col.— A. W . Grant, Clerk.
Paso County.

LOANS—

1 ME a n d PURPOSE.

shows Philadelphia’s total municipal debt, and the sinking fund held by
the city against the same, on the dates mentioned. [B y a decision of
the Supreme Court o f Pennsylvania, filed May 31,1894, it is held that,
within the meaning o f the word “ D ebt” in Section V III , Article IX ,
of the Constitution of Pennsylvania, the real debt o f the city is the
authorized debt less the amount of the city certificates purchased and
uncanceled in the sinking fund.]
Ang. 1, 1898.
Jan. 1,1898. Jan. 1, 1897.
Bonded debt...................... $57,191,595
$56,872,795
$54,023,120
Outstanding warrants..........................
1,235,133
*1,031,810
Total debt.................. $57,191,595
Sinking funds.................. 23,166,333

$53,107,928
18,933,575

$55,054,930
19,575,350

N et debt on datf s named. $34,024,762
$39,174,353
$35,479,580
The city held on January 1, 1898, in addition to the sinking fund
given above assets amounting to $12,044,683.
The sinking fund holds the follow ing securities: City loan, at par
$18,933,575 and United States loan, at par, $413,000. The amount
o f b nided debt redeemed by the Sinking Fund Commission during the
year 1897 was $2,204,600. Am ong the assets held by the city are
22,500 shares o f Sunbury St Erie Railroad stock, par value $100 per
share, or 45,000 shares of Philadelphia & Erie Railroad stock, par
value $50 per share, market value $21 per share.
C IT Y P R O P E R T Y —The real estate owned by the city is valued at
$53,793,669, an increase over the appraisement o f Jan. 1, 1897, o f
$1,018,775.

ASSESSED VALUATIO N , E t c .— T h e fo l l o w i n g s h o w s th e a n n u a
p a y m e n ts t o t h e s in k in g fu n d , a m o u n t o f b o n d e d d e b t a n d o u ts ta n d in g
w a r r a n t s , a sses sed v a lu e o f p r o p e r t y , a n d th e t a x r a te , f o r y e a r s in d i
o a te d . P r o p e r t y in tliis c it y is a sses sed a t a b o u t
o f its a c t u a l v a lu e
Paum’ts to
Years.
Sink. Fund.
1899........ $ ..............
1898........... 791,556
1897.......... 368,860
1895.......... 419,260
1890........... 602.590
1885........... 660,986
880........... 806,605

Total M unicipal Assessed real and Tax rate
Debt Jan. 1.
Personal ValuaTn. per $1,000
$ ...............
$864,516,045
$1".*5<>
56.872,795
842.330,700
18*50
55,054,930
818.827,549
18*50
55.168,028
782,677,694
18*50
56,777,370
688,713,518
18*50
64,131,362
597,785,4*28
18*50
72,264,595
536,667,834
2000

I N V E S T M E N TS.
G O V E R N M E N T, M UNICIPAL
AND R A IL R O A D BONDS.

C. H. W H IT E

&

CO.,

Tears.
1875..
1870..
1865..
1860..
1855.

W a t e r B o ' ds—
When Due. Total debt Oct 22,1898..$30,500
6s, JAJ, $25,000........July 1, 1913 . Assessed valuation 1898..237,845
(subject to call after July 1 , 1 9 0 8 .) I Assessment about actual value.
Bonded debt Oct. 22, ’98..$25,000 I T ax rate (per $1,000), 1898.$61*60
5,500 |Population in 1898 (est.)___3,500
Floating debt...................

McKeesport (P a .) School District.—D. P. Smith, Secre­
tary. This district is located in Allegheny County.
Bonded debt Nov. 1, ’ 98..$152,000 I Asses'd valuation '98.$15,500,000
Sinking fu n d ..................
28,200 Population in 1890 w as___22,000
N et debt Nov. 1,1898— 123,800 |Population in 1898 (est.)...38,000

Narragansett Pier, R. I. —E. S. Taylor, District Treasnrer. Narragansett Pier is in Washington County.
LOANS—
When Due. Floatin'; debt................. $73,500
I m pr o ve m e nt B onds Total debt Dee., 1893.... 173,500
48, MAN, $100,000.. .May 1, 1919 T a x valuation, re a l....... 3,409,705
Interest payable in New York.
T ax valuation, personal. 255,400Bonded debt Dec. 1. ’ 98. $100,000 Total valuation 1898___ 3,665,165
Town has no water debt.
Total ta x (per $1,000)’98
7-50

Newport, Kv.—Edward Biltz, Mayor; John Zolleis, Aud­
itor. Newport is in Campbell County.
LOANS—

When Due.

B rid g e B onds —
5s. J&J, $37,000...................1911
F lood B onds —
5s, J&J, $50,000...................1904
F u nding B onds —
5s. A&O, $52,500...................1913
P ublic L and ing B onds —
8s, Ane., $5,000....................1900
8s, J&D, 30.000...................1900
R ed em ptio n B onds —
5s, J&J, $81.500.................. 1906
r e f u n d in g
B onds —
5s, F&A, $10,000...................1914

M IS C E LL A N E O U S .

North American
® ru5t

This town is in E l

C om p an y,

St r e e t I m p r o v e m e n t —

5s, var., $118,600...................1919
5 s ,......
7,000...................1918
58........
2,6 00 ..........................
W a t e r B onds —
7310s, M&N, $234,000.........1901
73u,s, M&N,
190,000.........1902
73I0S, M&N,
180,000.........1903
5s,
M&N,
92,000.........1914
Total debt.Oct 1,1899..$1,102,100
Sinking fund assets___
17,000
Net debt Oct. 1,1898.... 1,085,100
T ax valuation. 1898....12,474,198
T ax rate (per $1,000)’98___$24-95
Population in 1890 was___ 24,918
Population in 1897 (e s t.)...30,000

M IS C E L L A N E O U S .
BANKING HOUSE OF

H A IG H T & FREESE,
68 B R O A D W A Y , N E W Y O R K .
Boston, 86 S tate St.; Philadelphia, 402 W aln u t St,

BANKERS,
31 N A S S A U

8T „ SEW

NEW YORK:
100 B R O A D W A Y .
YO RK.

A G E N T S FOR T H E
A X G L O - A M E R I C A .V l i A X K ,

Individual Accounts received subject
to check at sight in London.
Cable Transfers.

year

Located In the W e n t since 1 8 7 ‘^ »
and having had large experience In
W e s te rn M o rtg a g e Loan s,

THE R. J. WADDELL
INVESTMENT COMPANY,
OF O TTA W A . K A N S A N

Offers S p e c ia l F a » i l l t i e * fo r th e care and colleciloti or the Securities o f the

NEW

E N G L A N D LOAN
& T R U S T CO.

H a ve received fo r * oJlection about $2.000.000 o f
t h e securities o f the fo l'o w ln g companies :
t>)e M ortgage, Lom bard. W estern Farm Mortgage,
and Jarvis Conklin. S e m i fo r c l r c n I n r givin g do*
f ailed statem ent or what we have accomplished.
(Im p o rters ' k Traders* Nat. Bank.
References : /
New Vork Cltv.
t Mercantile Trust Co., Boston. Mass,
and many others East and W est.

THE

L am

p r e c h t

C e n tu ry

Capital paid up................. 81,000,000
Surplus.................................. $200,000
W . L . T K K N H O L M . President.

L td .,

C h a r in g C ro s s , L o n d o n .

27th

LONDON:
95 G R E S H A M ST.

B r o s . C o .,

U u ild ln s t, C L E V E L A N D , O H I O ,
D E A L E R S IN

M U N IC IPA L. RAILROAD,
STREET R A IL W A Y & CORPORATION

BONDS.
L IS T S S E N T U P O N R E Q U E S T,
In form ation given and quotations furnished con­
cerning all classes o f stocks and bonds that, h ave a
Cleveland market.

Transacts a general tru st business.
A llow s liberal rates o f Interest on deposits and
trust funds.
Issues L etters o f Credit and T ra v elers’ Circular
Notes, payable In dollars o r In the money o f any
fo reign country.
A c ts as Trustee under m ortgage* fo r railw ay and
oth er companies, and as A g e n t fo r the Registration
o f the stock, and fo r the tran sfer o f the shares o f In­
corporated companies.
U ndertakes the exam in ation o f properties offered
as security fo r bond issues, and the obtaining j t ex
pert Inform ation concerning the actual facts and
prospects o f reorganization proposals.
Qnahfled and em powered to act as executor, ad
mlnistrator, trustee, guardian and assignee, and as
receiver and custodian o f funds under orders o f
Cour
T h e N O R T H A M E R IC A N T R U S T C O M P A N Y
has established an office at S A N T IA G O and H A V ­
A N A and Is prepared to buy and sell drafts on and to
make payments In C U B A and to transact a genera)
banking business. T H E C O M P A N Y is also pre
pared to receive the deposits o f the S O L D IE R S and
S A IL O R S now in C U B A , and. u n d erth eir directions
to m ake rem ittances to tb elr fa m ilies in the U N IT E D
STATES.
A n d to In vestigate nnd report in an advisory
capacity about new enterprrises in A L L L IN E S
O F T R A D E and M A N U F A C T U R IN G , as w ell
as In C IT Y P R O P E R T IE S , W IN T E R H O M ES.
E L E C T R IC P L A N T S , R A IL R O A D S , IN D U S T R I­
A L S , S U G A R nnd TO BACCO P L A N T A T IO N S ,
in C U B A . P U E R T O RICO and the P H I L IP P I N E S ,
and to hold In trust P R O P E R T IE S . C O N T R A C T S .
M O R T G A G E " and BONDS, eith er pending the
closing o f negotiations or fo r more extended or more
definite periods.
Especial attention is called to th e relations o f
T H E C O M P A N Y ulready established at M A N I L A
with the C H A R T E R E D B A N K O F IN D IA , A U S ­
T R A L I A and C H IN A , sufficient fo r the present
needs o f our M A N U F A C T U R E R S , M E R C H A N T S
T R A V E L E R S , S O L D IE R S and S A IL O R S .

Execute orders In Stocks, Bonds, Grain, Cotton
and Provision s on the New York, Philadelphia, Bos­
ton and Chi' ago Grain and 8tock Exchanges fo r in­
vestm en t o r to be carried on margin o f 8 to 5 per
cent at m oderate rates o f Interest and 1-10 commis­
sion. In tere st allowed on margins and deposits sub­
ject to check at sight.

D ET ER M IN ING T H E F IN A N C IA L R E.
SPO N 8IB 1LIT Y OF T H E F IR M W I T H
W H I C H Y O U D E A L 18 A 8 I M P O R T A N T
8 E LE C T ING T H E R IG H T 8TOCK8.
P riva te w ires to Boston, Ph iladelph ia and Chicago
B r a n c h O ffic e , 1 1 3 2 B r n m l w a y , .N e w Y o r k .

SECURE BAN
K V A U L* T S
—

GENUINE
W ELDED CHROME STEEL AND IKON.
Round and Flat Bars and 6-ply Plates and A ngles
FO R S AF E S , V A U L T S , Ac.
Cannot be Sawed, Cut, or Drilled, and positively
Burglar P roo f.

CHROM E STEEL W O R K S,
K en t A ve.. K ea p & H ooper Sts.
Sole Man’f ’e r s i n t t c U . S.
B R O O K L Y N , N. V

d^j.c/KL
<8 'Y t l i t

vrrtKKT,

YORK

U s in b llih m i 1 8 0 5 .

M E M B E R S O F N E W Y O R K STO CK E X C H A N G E
A llow in terest on deposits su bject to sigh t cheo
Buy and sell on commission stocks and bonds elth ar
fo r cash or on margin, and deal In

I n v e stm e n t Securities.
H . J. M o r s e . C e ia s . D. M a r v i n . W . M .K i d d e r

C H R O N IC L E VO LU M ES FO R SALK.
W I L L I A M B. D A N A C O M P A N Y , 7 0 « P in e St. N Y

THE

1 iSO

|V ol . LX Y 1 I,

C H R O N IC L E ,

Hauliers and Brokers (Out ot Hero 'iJorfc.
CHICAGO.

A. O. Slaughter Sc Co
B A ' K d llH

A M * B « « K

S n

T «*

ftuse* R i d > « w » ,

W.

Sc Co., Henry Sproul

Clark

BANKERS AND BRORKH8,

78

No. I :tO South F o u rth St.,

C M **®

H*w Vijfll.

CWiBkw IL .»rd o t Trrwl^_____

,

{amieson Sc Co.,

Edward B. Smith & Co.,

b e t*

IM IO KM K

T o r t *0 4 Ctetcago Slack Hicham s**.

169 L A h .ALLK S T R E K T .

BANKERS.

B r iL D lk O .

* • - i pf* Phil*. and New

I’m * ! * w?w» t*» Strw Y o rk m il l*h ll*d «lp b l*.

P E \ W .

York Stock Exch an ge!

H. 8. HOPPIB,
W G. HOFPBR.
Members o f Phi!iadelphla Stock Exchange.

Bartlett, Frazier Sc Co., Wm, G. Hopper 8c Co.
AND

MEMBERS OE TH E

N E W Y O R K S TO C K E X C H A N G E .
P H I L A D E L P H I A STO CK E X C H A N G E ,
P IT T S B U R G E X C H A N G E (3 M E M B E R S ),
C H IC A G O STO CK E X C H A N G E ,
C H IC A G O B O A R D O F T R A D E .

PHILADELPHIA.

i blcne®. Ill* *

STOCKS

8c Co.,

AVENUE,

N. Holmes & Sons,

a , d H MH8 A N D B B 0 E 7 R S ,

S H O C K S —B OWIML

FOURTH

P IT T S B IR G , PA.

P H IL A D E L P H IA .
Transact a general banking business.
A llow s
ttttwrwst on deposit*
.
o f the Philadelphia and N e w Y o rk 8toc)
«xcharioted, and connected by private w ire wltfc

C H IC A G O , I L L .
| I U k Sw k

K

K B S

I I S . | I 5 S.A « * I.1 .E n T B E ItT ,

P IT TS B UR G.

PHI LADELPHI A_______

______

BONDS,

6RAIM, PROVISIONS and COTTON.

CORRESPONDKNTS
Bank o f N ew York. N. B. A .
First National Bank o f Philadelphia.
P I T T S B U R G ,

STOCK AND BOND BROKERS,

2h Sontb Third Street, Philadelphia
BONDS A D V E R T IS E D on th e m arket supplied ai
8 U H S C R IP T I0 N PRICES.
Telephone 160

P A

E STAB LISH E D 1871.

Whitney Sc Stephenson,
B A N K E R S A N D BROKERS
No. 209 F O U R T H A V E N U E .
"id e a l Pittsbu rg Members N. Y . Stock Exchange.

WESTERN UNION BUILDING,

C, 8c H. Borie,

128 149 JACKSON ST., CHICAGO.
PrtTut* » t r ® » to *11 prt»cJp*l roatkeii.

BANKERS

AND

T. Mellon 8c Sons’ Bank,

BROKERS.

P IT T S B U R G H

. nird aud Chestnut Streets.
PHILADELPHIA. PENN.

S jmhcIb I Attention Invited to onr Stocks
And Bonds Department.

JKNERAl

B A N K IN G ,

PA.

C O LLE C T IO NS

IN VE STM EN TS.

Sidney Loeb Sc Co.,
S»«<t»>«t£iri t o I / j f b A I j A l l P f t ,

LA S A lt B

BANKERS
113 SOUTH

MORTGAGE BANKERS,
H i

S T I1 1 J E T , C H I C A G O .

f«*f
In lAryc and «n a ll amount*
Invertor* K *■}* amt « p «r
wscuml by
■BtM'wvwd aed toeottto bi-erin* rbtoaffu
properly,
P r ld c t iM t a n d I s i r m l P a y a b le * In U o l d .
CO ttJUtJiPON P E N C E ttO U C IT K D .

1TI

LA

S A LLK

S TH K K T,

C H IC A G O .

U c M iY

st.

G o a it.

Ed

w ard

P

o l l it z

Members Stock and Bond Exchange.

Edward Pollitz & Co.,
Hawaiian Sugar Stocks a Specialty.
•103 C a l i f o r n i a Street,

A. G. Becker Sc Co.,

SAN

(UPCO*J»OttJLr*D}.

F R A N C IS C O ,

CAL.

CHARLESTON

S. C.
' '•<’ t

r',*»r i* A
k jiR A fr** c h a B ja/rro*."’

" A. » . f t ”

C A P I T A L PA I B U P, * #
D *r ** 1 t« Hqbjaet to f'hr»rk

OREGON.

la M rK I u l vtkor good Bond* and Stock*.
At*o Farming ,nd Timbor Lands, Mill
Slto* Wotor Power*, Hotol 8lt«», Ro»ldonee*, Building Lot*, etc,, t» the 8,>uik*r»

w>.. 9 ROW;

I . y r o o W B I.l.

Wisconsin
tttt.w

OapUaL

-

Trust

a v k k k

-

,

-

■ G en er al

Hankins-

C in c in n a t i B o n d s

Co.

ar/a,
tMo.ooooc

T ran u rt* a Genera) Trout Bnalaew
PHittneni k«>r»rU1r« For Kale.

and

Stocks

:il l n»i T h ird Ht,, Cincinnati, Ohio.

S k a s o n g o o d Sc M

ayer

,

YV, Corner T h ir d and W a l n u t Str eet*.
C I N C I N N A T I , 0 1 (10.

M U N I C I P A L BONDS.
f i t * Gr-iA - c ity . County, Tow n and School Bonds
i in leading ptoRperouB Sta»c* o f tho Union, eer c •- a it
q{ ted for «afn and perm anent Invcstroont
f n t Estate* and Trust Funds.
I WlITTAKER,

CttAJtLKS H odgm / t

Whitaker Sc Hodgman,
BOND AND

s t o c k

BROKERS,

30 0 North F ou rt h Street,

ST. LOUIS.

SO UTH ERN

S E C U R IT IE S

Davenport Sc Co.,
B A N K E R S

A N D

B R O K E R S

R IC H M O N D , V I R G I N I A .

B r o k e r * and D e a l e r * In

H.

IN V E S T M E N T S .

AUGUSTA, GEORGIA.

Baslnee*.

Irwin, Ballmann 8c Co.,

• 1100,000011

300.000 oe
M in tu MrrtOM to iarcstsn tor ths par
(Luiaf of ooaiui, dlTMen.i pajlng if asicipal,

N O RFO LK, V A .

UKOKKR.

P O R < L U ilt ,

ExchangeBanking&Trust Go.

Bankers and Brokers

John W. Dickey,

Cni i Bonowg Qivkn srtciA i, A ttention

IN V E S T S E N T S ,

Mottu, de W itt Sc Go.,

8 0 IT H E R N

E S T A B L IS H E D IN 1869.

KOI T I I C K N

Mem bers o f B altim ore Stock Exchange.

BANKERS.
Alti Eas t B a l t i m o r e Street. B a l t i m o r e .

BANKERS,

T pm n.nrt

'Financial.

Wilson, Colston & Co.,

Ladd 8c Tilton,

C O M M E R C IA L PAPER
Salle Ht,, Chicago, HI.

W i l l ia m W il s o n * So n s , Established 1802.
W il s o n . Co ls to n & Co..
“
1807.

in vestm ent and M iscellaneous Securities a speci­
alty, and w hole issues handled.
Exceptional facilities fo r dealings in a ll classes of
Southern Bonds. L oan s on Collateral Securities
aegotlated.

STO CK AND BOND B R O K E R S .

I svnK in.m S rcu rlllM ,

IS# U

BROKERS,

F IF T H

WESTERN.

Itbjaxk IT. P u n t tnpvcuu.
BANKERS t FINANCIAL AGENTS,

AND

ST., (D rexel Building
P H IL A D E L P H IA
A General Banking Business Transacted.
Investm ent Securities Bought and Sold.
Intercut Allowed on Deposits.
Members o f Pblla Stock Exchange and connect*
by direct wire with New Y o rk and oth er points

J o a * J %*, Od * U , Jortnetlj I * r » T . Unton Nat. Bank

John J. P. Odeh Sc Co.,

SOUTHERN.

S T A H L & STR AU B ,

E STA B LISH E D I860,

Correspondence solicited and inform ation fu rmaned about Southern State, Municipal and R a il­
road Investment, Securities.
R eferen ce—Bank o f New Y o rk N, B A.

Strassburger,
* t « m :h s

a

bonds

b r o k e r

8 G O T H H R N IN V E S T M E N T 8 H C U R IT IE P .
n n tg rn rn n f y ,

A le

EASTERN.

Richardson & Clark,
B AN K E R S,
25 Exchange Street, Providence, R. 1.
Transact n general banking business. Bonds
Stock* and Local Securities. Com m ercial P a p e r
bought and sold on commission. P r iv a te w ires to
N ew York , Boston and Philadelphia.