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HUNT’S

MERCHANTS’

^

MAGAZINE,

g T ttJ J ip a p U y

K ISPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES.
t Katere<l aooordlng to Act ot CongTeas, In the rear 1896, by the 'Villiam B. Daha Compaxy, la the offlee ol the Librarian of Congress.)

VOL, 62.
^ h e

Wak ending January25,

(£ lx c c n iic le .

cimritm at—

Terms o f Subscription—Payable In Advance:

Terms of Advertising—{ Per inch space).
.

O n e t im e $ 3 5 0 I T h r e e M on th s (1 3 tlrn eel..$ 2 5 0 0
O n e M on th
(4 t im e * ).. 1 1 0 0 rtlx M on th s
(2 6
«
>. 4 3 0 0
T w o M on th s
<8 “
) . 18 0 0 I T w e lv e M on th s (5 2
<* ) . . 58 0 0
(T h e a b o v e term * to r o n e m o n th a n d u p w a r d a r e f o r s ta n d in g ca rd s.)

B altim ore......*»»■.
Buffalo.................

Po st

A S m it h , 1 D r a p e r * ' G a rd e n s , E. C..W111 t a k e s a b

Scmttoa.

Pine Street, Corner o f Pearl Street,
orncs Box 958.
NEW YORK.

CLEAR I NO HOUSE RETURNS.
The following table, made op by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day. February 1. haw
been 1031,403,541, against $*41,851.Sol last week and $1,003.
<51*9.218 the corresponding week o f last year.
ir « t Endue February L

CLBABCSO*.

189*3,

1895.

P ercen t,

I3,841,455
S

K

§0.1
lumA*
talk
6,U*38»
8.fi«MvQf
1,51*,40
mmm
sm,m

-io u
-1 4 -9
-U 0
1-1A2
- 2-0
+11-1
+25-1

Seven Oltiea, 5 d a y s .
Other rttiee. 5 d a y s ., . . . .

*822,490,883
130,411,798

#685,028,008
120,103,301

~ 0T
+ 8*6

Topeka, .........
Fremont... . . . . . .

T otal all cities, S d a y s .. . .
A ll cities, 1 d a y ......................

*752,#02,580
178,489,961

*805,131,38#
133.507,94#

- <5-5
-1 0 1

Dafonport*.... .
Tot, other West,

T otal ail Cities for w eek ..

m i , 402,541

7-3

St. Koala.. . . . . . . . . .
New Orleans.......
L<<tji«ivtlie... . . . . . . .
OiiiY.'-stOG....,.,..
fL r i j s f r r t t . ..
Klehtnorjrf....
.
So vafiimb.. . . .. ... .
M
pJthk.

1.811,187
1.865,* 1,3 ‘

m

-w a r m -

~ m m su '

4.1:’ *-----i,

7,024.876

iLI&S.S8M;
w
h
+ »*.*
um ,m *\

Kld.680

mKU7

III

—it

807,771

t

HSW
8
600.000

-rO'u

Tla-fl
4-io-i

-fllST

I I
*87,70:
3«

Haa Francis^..,.
p rtiaud...a.......
-u t Late c h r - e e
Seattle.... . . . . . . *■
Taethb*....... .......
L •* An«e!*»...... .
Helmut...........
••L.-ikene.v, ........
s :•*ux F a ils .........
Fargo.,... . . . . . . .
ratal Padfie..

8458.n73.439
73.280,973
50,997.778
10,244,949
6fl.2S9,5«8
1H.7I7.50U
7.414,737

sr'isdo

k ta #

Rockford,...

i-t 08,119,801
87.405,311
45.379.788
11.592,759
84,930,713
90,787,850
0,274,518

#81.899.831

t 1,674.640
a

! , «
ijSSSS
im,mi

Akron..........-- . ....
't rlngdeld, Ohio...
Canton,....,
Toledo* . . . .
Dayton*.....
Tot. Mid. Wcat’s- "

517,400,781

S,3(S,SOO
4.786,549

P o r tla n d ........
Fall E lv e r ......
ijovreU. . . . . . . . . . .
New B ed fo rd .......
Total New Kn#...

Indian*poll* .. .

t Sais,051
s

sa.iii.cii

Worcester.......

rw»io..v«M4.

3333

764,145
+3*1

B o s t o n ..,... . . . .
P roviden ce.,,..
H a rtford,.. . . ..
New H atch .. .. ,
SnrinjjaBieJd.. . . .

Mow Y ork ....... .................
Boston .............................
P h ila d e lp h ia ..................
B altim ore.............. ........
Chicago ...........................
8*. L o o t s .......................
H ew Orleans___ _______

*1.00*,«SH>.31S 1

i

S i

HUigbam tout....
T otal Ml441®.

C incisnatS.......
M ilwaukee......
D etroit....... ..
c ie r e u n d ..

1B9s .

M«5,oia

B . D A S A C O M P A N Y , P u b lis h e r s ,

tletume by telegraph.

~ im r

p. Cmr.

431,445,507

H

Rochester,.
Syracuse.. . . . . . . . . . .
SVUmiBtftoti............

sorlptlons and advertisements, and supply single copies of the paper , » i u r u i . : : : : : :
a t I s . each .
W IIiK U S

IS95.

Wmhimtoue..,

Co! ambus---- -

London Agents:
am s

vm,.

New Y o rk .........

f o r O n e T e a r , . . . . .......................................................................... $ 1 0 0 0
F o r S ix M o fith a .- . - . - . . . - - . . . . - . . . - . . a . . . . . * —
0 00
E u ro p e a n e a b s e rtp tlo n lin eia iiJ og p o e t a e e ;........................ 1 2 0 0
E u ro p e a n S a b s e ttp tlo n B it M on th * (in c lu d in g p o s t a g e ).
7 00
A n n ita l S n b se rlp tlo n In L o n d o n (In oln d ln g p o t t a g e ) - . . . A 2 10*.
B tx M o t,
do.
do.
do.
------A 1 10a.
T h e Ih v k s t o k s * B o p p l e m k s t -will b e fu r n is h e d without extra charge
t o e v e r y a nnu al s u b s cr ib e r o f th e C o i o t n a c u L aju > F isa jc c ia l
Ch b o m c l*.
T h e Bt a t k a s o O rrv S o p p l e h b x t w ill a lso b e fu r n is h e d w ithout
extra charge t o e v e r y s u b s cr ib e r o f th e 0HBOWCLS.
T h e S t r b b t R a i l w a y 90PPM6WKST w ill lik e w is e b « fu r n ish e d with­
ou t extra, charge t o e v e r y *a b*erlber o f th e O i k u s i i -lk .
T h e Q c o t a t io .v sci'PLKMBjrr. issu ed m o n th ly , trill a ls o b e fa m is h e d
w ithout extra charge t o e v e r y s u b s cr ib e r o f th e C h b o x i c l b .
f i l e c o v e r s a re s o ld a t 5 0 ce n ts e a c h ; p o s t a g e o n th e s a m e 1* 18
oe&t*. F ile c o v e r f o r su p p le m e n ts c a n be ha d a t office f o r 8 5 ce n t* o r
m a ile d f o r 8 0 cen t*.

M e s srs. E o w

NO. 1,597.

S A T U R D A Y , F E B R U A R Y 1, 1896.

I

117,771,745!

-H)-i

- p
4«
mm7t
9u\mt
m r"
mm mam
U jm M

1,007,408:

2*8.726
117,038

iafi.000
18350*085

L*I:«"..dfl... .......

w.rhIU......

1,010,6

075,058

878.088
811.639

89,549

*0,9^5,022
10,891.060

M S

>t. -Joseph.......
IPO M oiocs......

142,1*2,898

8.8f*U,O00
: ,‘
1,208,
msas
015,080
700 000

Kansas City....,
M ncap oU *.... .
nrtmba..,.. . . . . . .
st. PwU........... .
D e n v e r.... . . . . . .

"■ ••IV0M.V......

103,150.*§3

.............
—13*2

601,807

m,mr> +17-*

m

405.? 0!

mi,m

ii<t>uxun... .

7.(M58.h74
7,742,681
6,560,318
5.374,863

1.994,696
1,380,405
894*170
616.374
588,102
483 187
78.833
70,000

‘ tiw|

27,010^164

42607,192

4a.05T.ws:

0,085,001;
roe i u » cetane ot clearings tor tne week covered by the
2.09*2,120;
2.9ra736
tn & a
rd lfM
above statement will be given next Saturday. W b cannot, of
2 p 18.805:
2,2*2.S97
course, furnish them to-day, bank clearings being made up by
2 185,650
2jmsm\ 8.978.2781
ms,2*8i
the various clearing houses at noon on Saturday, and hence in
fefcSB!
the above the last twenty-four hours of the week have to be F,
*• «:
I«05w.l78
M57,«l8j
UOOpHt
Datlas..........
in all cases estimated, as we go to press Friday night.
960,095!
...........
Our usual detailed figures for the previous week, covering Norfolk,......
703.8S8
1,2!»,089
W3W........ .......
l,Y20,Yl«.
7VAPH
.
the returns for the period ending with Saturday noon, Janu­ 'Art. W o r th .........
303 3"*'
277.030,
ary 25, are given below, and we also present the results for the aeksoraVllte..,. ...
482/09!
200,000
ill
corresponding week in 1895, 1894 and 1893. In comparison Rmttaaooara........ .
m
mjtoe
. . . . . . . ...
with the preceding week there is a loss in the aggregate Anxus&a.
Ciule R o c k .,,.....,
m »m
exchanges of about one hundred and eighteen million KnnxitBtt* . . . . . . .
•■:i< “ ,v.>.;f.i:is
87,037,881
01.407,4 H
Total Southern,,
dollars, but at New York alone the loss is over eightv
millions. Contrasted with the week of 1895 the total
+ : .< 807.094 8*8 1.804.810.708
Total all.............. JlWmMi 918,870,330
for the whole country shows an increase o f 3*1 per cent.
Outside N, York. <:il..'Ul.(«v 133.858.120
“+YS.I 3Jr,.817,351) *$ 90*1#
Compared with the week of 1894 the current returns re­
-2*1!
Mont real...... .
i0.HS.AKl. 10 ?m 498
cord an excess of 196 per cent and the to*a from 1893 is Toronto,..........
5,641 XS7 4*1A'2!
1,190.302
+18 a» 1,137.623
1.1W.901
30-4 per cent. Outside of New York the gain over 1895 is 1*8 Halifax. ...........
699.24U
920,53*
Winnie*?#.. . . . . . . . .
* ■ »
per cent* The excess over 1894 reaches 14*8 per cent, but Hamilton..
mm
680,376
im.mn:
iSMUll tS5<
........
making comparison with 1893 the loss is seen >o be IG O per
+B*6l l6 .7fti.SiB __ 17,720,4°2
Total Canada-.,.. ' lii.nsi ir;
18,8i9>si
'©cut,
* S -HInfilulei 1 i to* P *.

'■ ills'

¥ PaWf-'atlnt« «Hshe»idea for the present.

TH E

206

C H R O N IC L E .

[vol. L x n .

is determined who are the successful bidders a way will
be found for completing the purchases as quietly as
Affairs have taken a more promising turn. Foremost the last bond transaction was effected. Under these
of all is the Venezuela entanglement which is clearly circumstances the money market has become more set­
in the way of being smoothed out if we may judge from tled, call rates are lower (the slight flurry yesterday
the speeches made by the ministers of Lord Salisbury’s afternoon having no other significance than the calling
administration.
Mr. Goschen’s presentment was con­ of loans incident to the 1st of February payments)
ciliatory, but Mr. Chamberlain has put the matter in and commercial paper is negotiable.
Returns of railroad carniDgs continue highly encour­
so kindly a form and his words met so cordial a
response among his hearers as to show that irritation aging. Our weekly tabulations are now showing quite
in England has largely died out and that the Govern- large ratios of gain. Thus for the first week of Janument is ready to do what it can to meet the American ■ary the aggregate records an increass over 1895 of 7 ‘ 41
view. On this side of the Atlantic, at least among the per cent, for the second week an increase of 14'36 per
educated classes, there never has been any feeling but cent, while for the third week the early returns point
one of entire friendliness, even tjje thought of war with to an improvement of about 8 f per cent. Last year
there was a falling off in the first and second weeks of
Great Britain on such a pretext being simply odious.
An industrial transaction of decided importance is the month (D60 per cent in the first week and 1'93
the tonnage arrangement proposed by the committee per cent in the second week) on account o f the severe
o f coal companies appointed last week, fixing the per­ weather, but in the third week there was a gain of 2-34
centage of the output to be allotted to each and the per cent. There are now very few roads which report
reported acceptance on Thursday of the proposal decreases in earnings, either large or small. Even the
by the companies. All are stated to have voted Southwestern roads, which had been sustaining very
for the allotment except the representative of the heavy losses because of the short cotton crop, are be­
Delaware. Susquehanna & Schuylkill, who left be­ ginning to do much better. The Missouri Kansas &
fore the meeting was concluded, but concurred, it Texas had gains for both the second and third weeks
is claimed, in the action taken. It will be noted of January, while where the roads still report a falling
that no mention is made in the committee’s re­ off, as in the case of the Texas & Pacific, the St. Louis
port of the aggregate tonnage, nor was any agree­ Southwestern and the International & Great Northern,
ment entered into to regulate it or the market the amount of the decrease is very m uch smaller than
price. The simple truth is the old system has proved a short while ago.
to be destructive of every interest involved and of
N ot only are the returns for the current month very
benefit to no one. Under its operation more coal was satisfactory, but we have also had some excellent state­
being mined than could be consumed, the weaker ments of gross and net this week for the month of
companies were beiDg pushed into insolvency, our coal December. The Chicago Milwaukee & St. Paul in
deposits were being wasted, and mining labor was that month added $561,129 to its gross earnings and
poorly paid. Without doubt the carrying out of this $335,612 to its net ; for the six months from July 1 to
agreement will tend in a natural way to make the December 31 the company reports an addition of
price of coal remunerative and so rectify all of these $3,272,631 to the gross and an addition of $2,568,532
unfortunate conditions. But no agreement being to the net— a marvelous record.
From the South we
made in restriction of trade the arrangement appears have the Southern Railway with an increase for De­
to be legal; and as industrial interests are harmed bv cember of $143,690 in gross and of $42,405 in net, and
the insolvency of the coal roads, by a wasteful mining the Chesapeake & Ohio with an increase of $129,370
of our coal deposits, and by poor pay for the labor em­ in gross and of $52,002 in net. A m ong the Pacific
ployed in mining, the results reached promise to prove oads, the Canadian Pacific shows an improvement for
of unquestionable advantage to the public as well as the month of $369,757 in gross and of $286,022 in net
to the investor. Me have written on this subject and for the twelve months an improvement of $188,869
more fully on a subsequent page.
in gross and of $1,057,642 in n e t; the Northern PaIhe monetary outlook has also become less disturb- eific in December enlarged its gross $180,618 and its
mg. Ever since the bond offer was published a feeling net $206,539; for the six months from July 1 this
has widely prevailed in financial circles that the first company has added $1,653,666 to its gross and $1,670,payment for the bonds might seriously derange the 499 to its net. Even the Reading has a notably favor­
market. This thought was encouraged by the sugges­ able return for December (the first m onth of its fis­
tion that the majority of banks and bankers at this cal year), there being a betterment of income as com ­
centre would be likely to pay up their entire bid and pared with the same month of 1894 of $281,329 in
take all the bonds they had subscribed for at once. The gross and of $210,877 in net for the Railroad Com­
transaction carried out in that form would obviously pany and of $628,103 in gross and of $105,008 in net
call for so large a transfer of gold to the Treasury as to for the Coal & Iron Company. The Wabash fo r
interfere with the ability of the banks to meet ordinary December has an increase of $52,474 in gross and of
business requirements. That rumor though is .wholly $41,052 in net, and for the six months from July 1 an
unreasonable and without any basis. All financial increase of $691,065 in gross and of $450,110 in net.
interests are as one in the endeavor to make this bond These all represent different sections of the country
purchase and payment as little disturbing to the public and different classes of roads, and they go to show
and as beneficial to the Treasury as possible. More gold how general has been the improvement.
than needed for the first payment is easily within
Am ong the various anthracite coal companies which
reach now, and that without materially interfering have furnished their annual statements for the late
with the ability of the banks or calling for the use of year, the report of the IM aware Lackawanna & West­
the machinery already in working order for the issue ern is decidedly the most interesting, meagre as it is,
of Clearing-House certificates. With anxiety on that and it also shows very strikingly how timely and ur­
point removed, full confidence is felt that as soon as it gent was the action taken this week to improve the

THE

F IN A N C I A L

SITUATION.

F ebruary 1, 1896.]

T H E

C H R O N IC L E .

condition o f the anthracite trade. No one needs to
be told that the Lackawanna is a strong and wellmanaged property, and that its stock is very small,
amounting only to $'26,200,000. Y et this company
failed in both 1895 and 1894 to earn the fall amount of
its dividends, the shortage in the earlier year having
been $196,656 and in the late year $479,339. In a word
the company earned on its stock only 5'17 par cent in
1895, this comparing with 6’ 24 per cent in 1894,
11-04 per cent in 1893, 9'98 per cent in 1892, 9"21 per
cent in 1891 and 10 per cent in 1890— proving that
1895 was decidedly the most unsatisfactory year the
company has had in recent periods. Notwithstanding
that the deficiency in the late year was larger than for
1894, the company carried somewhat more coal, the
tonnage transported having been 7,987,720 tons in 1895
and 7,822,476 tons in 1894; the general merchandise
traffic must have been very much heavier, for the com ­
pany's aggregate gross receipts from all sources
were over 1 } million dollars larger in 1895 than
in
1894,
standing
at
$44,201,909,
against
$43,058,862. The net earnings, however, were only
$6,760,900 in 1895, against $7,049,667 in 1894, The
coal mining operations are included in these totals,
and the figures show that because of the low price
received for the coal and the reduced figure at which
it h*d to be transported the net result to the company
was diminished in face of a greatly augmented amount
of business done. It is pleasing to think that under
the agreement now reached the prospects for the cur­
rent year are very materially better.
Money on call, representing bankers' balances, was
easy at 3 @ 3 } per cent until after the middle of the
week, when there was a better demand and an advance
to 4@5 per cent. Yesterday there was a spurt to 6
per cent on the calling of some loans in connection
with the 1st of February payments, but the close was
at 4^ per cent.
The range for the week has been 3@ 6
per cent, the average being about 4 p ercen t. Btnks
and trust companies quote 6 per cent as the minimum.
In time loans the transactions are confined to tbo»c
made by special agreement between borrower and
lender, and tome money has been placed at 5$ to 6 per
cent for nicety days to four months on choice
lines of collateral, but nothing has been reported
for shorter periods, acd 6 per cent is the quoted
rate for all dates from ninety days to six months in­
clusive. For commercial paper there has been a better
inquiry this week from the trust companies and from
some of the large banks. Brokers look for more busi­
ness next week as there is a good assortment of accept­
able names which is regarded as certain to attract the
attention of buyers. Kates are 6 per cent for sixty to
ninety-day endorsed bills receivable, 6 per cent for four
month’s commission house names, 6@ 7 per cent for
prime and 7@ 9 per cent for good four to six month’s
single names. Some of the banks report re-discounting
for Eastern banks and also for those in the interior of
this State.
The European financial situation has improved this
week, influenced by the absence o f political disturb­
ance and by the growing ease in money, especially on
call. Consols appear to be in demand and American
securities have improved since the fortnightly settle­
ment. It is expected that a Chinese loan for £8,000,000 will soon be placed in London and Berlin. The
Bank of England minimum rate of discount remains
unchanged at 2 per cent. The cable reports discoun's
of sixty to ninety day bank bills in London 15-16 o f 1

207

' per cent. A t Paris the open market rate is I f per
cent and at Berlin and Frankfort it is 2 } per cent.
According to our special cable from London the Bank
of England gained £617,898 bullion during the week
and held at the close of the week £48,314,279. Onr
correspondent further advises ns that the gain was due
to the receipt of £523,000 from the interior of Great
Britain, to the import of £122,000 (of which £89,000
were from Holland, £28,000 bought in the open mar­
ket and £5,000 from France), and to the export o f
£27,000, of which £21,000 was sold in the open
market (United States coin) and £6,000 was for
Jamaica.
The foreign exchange market was weak until W ed­
nesday afternoon, influenced by a limited demand for
remittance, and also by the comparatively liberal offer­
ings of bills, some of which were bankers’ , which were
contracted for immediately after the preparations were
made by syndicates to take the new bonds. A few
offerings were commercial bills delivered od contracts
made late in the fall against expected shipments of
grain. The parties who contracted for the bankers’
bills did sw in anticipation of a large demand for gold
from Europe in connection with the $100,000,000
4 per cent issue. These bills were bought on short
options maturing after the middle of the month and
the
contracts
were made
at
a time when
it
was supposed,
according to
the
terms
of the Treasury circular, that full payment would have
to be made for the bonds by the end of March. It
was assumed that sufficient gold for this purpose could
not be accumulated without a resort to the European
markets, and that its importation as a com modity
would cause snch a demand for exchange as to enable
the purchasers under these options to sel^ their bills at
a satisfactory profit. The modification o f the Treasury
circular, extending the period for final payment for the
bonds until June, deranged the plans of these specu­
lators in exchange, and when the tone of the market
b'gan to grow easy on Monday, under the influence o f
offerings o f bills against purchases of stocks by the ar­
bitrage houses for European account, the holders of those
contract bills freely offered them on the market and as
at the moment the demand was light, a further de­
cline in rates occurred, accelerated by the offering of
the maturing grain bills contracted for late last fall.
One fact which seems to support this explanation o f
the easier exchange is that afrer a decline of half a
cent for actual business in sixty day bills and of threequarters of a cent for sight bills and cable transfers, the
fall was checked and the market reacted, though
there was but a slight increase in the demand, indicat­
ing that the volume of offerings was comparatively
small and jnst about what might be expected from
the above-named sources. The market opened on Mon­
day with no change in nominal rates compared with
Friday of last week, except by Brown Bros., who re­
duced long half a cent, bnt rates for actual business
declined one-qnarter of a cent duriog the day to
4 8 7 }@ 4 87} for long, 4 8 8 }@ 4 89 for short and
4 89@4 89} for cable transfers, and the market was
quoted easy. On the following day Brown Bros, re­
duced long and short sterling half a cent and H eidelbach, Ickelheimer & Co. and Lazird Freres reduced
short half a cent.
The market was
quoted
weak and it closed with rates for actual busi­
ness
at
4 8 7 }@ 4 87}
for
long,
4 8 8 }@ 4 88f
for short and 4 8 8 f@ 4 89 for cable transfers, a reduc­
tion of one-qnarter of a cent all around. On Wednesday

T H E

208

|VOL.

C H R O N IC L E .

LX11.

------- D ecem b er E a rn in g s

1892.
J893.
1894.
*1895.
Baring, M&goun & Co., the Bank of British North
*
*
*
i
S a m e o f R oad—
224,813
171.717
186.133
1.13,44*
America, Ileidelbach, Ickelheimer & Co., the Canadian A lle gh e n y V a lle y ................. .G ross
58,555
55.014
61.276
4s,8e5
Net
25',097
251.568
Bank of Commerco and the Merchants’ Bank of Cana Buffalo R ocli. & P itts. . ...Gross 2*1.600
253.SU
72,030
■12.842
82.785
90,628
Net
da reduced both long and short half a cent, and while Canadian P a citlc............... . G rose 1.92 i.616 1.5*4.859 1/33,884 1,894,128
580. ~97
r 88.443
8S0,?86
H74 16 A
Net
rates for actual business in long sterling remained un­ Chesapeake & O h io ............. .G ross 929.617
718,331
8 3 9 /8 3
»C0,247
217.452
280,000
262.0 <8
304.679
Net
changed, those for short were reduced to 4 88^@4 88i C hicago M il. & St. Paul . .. .G ross 2.761.653 2.203,524 2,531,175 3,291,618
85‘'.441
1,330,399
901.243
1,231* .869
and for cable transfers to 4 88^@4 88J, a reduction of Cleveland Canton & South. .GNet
47.683
45 808
54.898
64.443
ross
def.178
21,560
d e f.8 .2 /8
11.8
12
Net
one quarter of a cent. The market was quoted steadier
1,110,076
1,194,573
1,300,209
i lev. Cin. Ch. & St. L o u ts .. .G ross 1.199.4 24
279,038
398,088
299,400
329 024
Net
at the dose. On Thursday Brown Bros., Ileidelbach,
110,6 8
1 2 1 /2 3
163.075
151,057
Peoria & E a stern ......... .. .Gross
37,361
H ,9 46
39.292
29,033
Net
Ickelheimer & Co. and the Merchants’ Bark of Canada
J8 1 /6 8
1 39 /07
16 .260
183.343
51.867
55,986
02.377
70.515
Nei
advanced both long and short half a cent, while the
135,-64
132.552
179,194
149.119
M inneapolis & St. L o u is .... .G ross
63.765
56,761
4 1,105
72.181
Net
Bank of British North America advanced long half a
1,752,512
1.551,928
1.9*8,367
P h iladelphia & R ea din g .. .G ross 1.833,257
604,301
815,733
7 *>0 227
875,843
cent, and rates for actual business were 4 8 7i@ 4 87f
Net
2,279.310
1.683.255
2.216.SF8
1.705.345
for long, 4 8S4@4 88$ for short and 4 8 8 f@ 4 89 for Coal & Iron C o ................... N et d e f. S2.i2o d e f.l8 7 .4 f8
117.452 def.11.257
177.769
250,630
167,859
170,834
San. A n t & A ran s. P a s s .... .Gross
cable transfers, or one quarter of a cent higher all
118.510
62.148
29,961
43,444
Net
1.320,871
1,641,617
1,715.562
1.677,181
.Gross
S
outhern
R
a
ilw
a
y
................
around, and the tone was steady to firm at the close.
633.229
590,824
563.801
586,255
Net
1,017/81
987.002
1,151,955
Yesterday the Merchants’ Bank of Canada reduced W a b a s h .................................... Net 1.070.155
289.033
248,031
110,431
238,90 5
long and short half a cent, but none of the other bank­
The following statement gives the week’ s movements
ers made any change, nor was there any change in of money to and from the interior by the N. Y . banks.
the rates for actual business. The tone was distinctly
R e c e iv e d b y S h ip p ed b y
N et In te rio r
W e e k E n d in g J a n . 31,1896.
easier at the close. The following table shows the daily
N . F. «■ nks. N . Y . B a n k s.
M o v e m en t.
posted rates of exchange by leading drawers.
$ 6 ,956,000 $1,479,000 G a in .$ 5 ,4 7 7 ,0 0 0
Fill.,
Kill.,
Max., TUBS., WEI)., THOR.,
Jan. 2-1. /a n . 27. J a n . 28. J a n . 29. J a n . 30. J a n . 81.
Brow n B ros........j s f / h u ! '
Baring.
J 00 days.
M agoun & Co.. ( Sight....
Bank British
J 60 days.
No. A m e r ic a .. \ Sight.r..
B ank o f
<60 days.
M o n tr e a l.........1 S igh t....
Canadian Bank <60 days,
o f C om m erce.. \ Sight....
H eidelbach, Ic k - J 60 days
elheim er & Co. t S igh t....

j

L***ril Vrerea... sig h t’ ?!
M erch ants’ Bk. (6 0 days,
o f Canada........( Sight...

t-8*
8.**
88*
9u
68*
90
90
88*
90
88*
90
88*
90
68*
90

88*-1?
89*
88*
90
88*
90
88*
90
88*
90
88*
90
88*
90
88*
90
1

88-7*
89 *-9
88*
90
88*
90
88*
60
88*
90
SB*
88*
8J*
88*
90

87*
89
83
89*
88
89*
88*
90
88
89*
88
89
88*
89*
88
83*

87*-8
8 9 -*
88
89*
88*
89*
88*
90
88
89*
H8«
89*
88*
89*
88*
90

88
89*
88
89*
88 *
8 /*
hK*
90
88
8 f*
83 *
89 *
88 *
89*
68
89*

Tl e market closed easier on Friday at 4 88@4 88^ for
sixty day and 4 89^@ @ 4 90 for sight. Rates for actual
business were 4 874@4 87f for long, 4 88^@4 88$ for
s h o t and 4 8 8 f@ 4 89 for cable transfers. Prime com­
mercial was 4 87@4 87$ and documentary 4 864@4 86f.
D uiingthe week the St. Paul brought $1,000,000 gold
consigned to W. H . Crossman & Bro. and $30,000 to
Scbulz & Ruckgaber; $17,990 came from South Pacific
ports and $117,000 from Cuba. The cable reports that
the Majestic which sailed on Thursday has on board
$2,500,000 from London. The premium on gold coin
is maintained by the bullion dealers at f @ f of 1 per
cent and they report a moderate amount of business
during the week from parties who, it is presumed,
intend to bid for the new Government bonds.
We have referred above to the favorable returns of
gross and net earnings for December made this week
by several leading companies. In addition to the
roads there enumerated, we have figures for some
others not quite so important. The Buffalo Rochester &
Pittsburg reports $7,743 increase in net, the Minne­
apolis & St. Louis $6,990 increase, the Iowa
Central $10,510 increase, the Cleveland Canton
& Southern $20,120 increase, the Pacific Mail $50,537
increase and the Peoria & Eastern $1,931 increase.
Tt e Allegheny Valley has net of only $48,894 against
$61,276, the Cleveland Cincinnati Chicago & St.
Louis $299,400 against $329,024, the San Antonio &
Aransas Pass (on the shortage of the cotton crop in
Texas) only $62,148 against $118,510, and the Jackson­
ville Tampa & Key West(on the failure of the orange crop
in Florida) a deficiency below expenses against net of
$47,209 in December 1894. The following compares
the December results for four years of a number of
companies.

G o l d . .. . " .....................................................

4 89 ,000

T o ta l c o l d an d le g a l t e n d e r s ........

$ 7 ,445,000

4 00 ,000 G ain .

8 9 ,0 0 0

$1,879,000 G ain .$ 5 ,5 6 6 ,0 0 0

Result with Sub-Treasury operations and gold m ove­
ments— imports and exports.
W e ek E n d in g J a n . 31,1896.

In to
B a n k s.

Banks’ in te rio r m o v e m e n t, as a b o v e
S ab -T rea s. op e r. <fc g o ld e x p . & im p .

$7,445,000
15,800,000

O ut o f
B a nks.

N e t C h ange ii
B a n k H o ld in g s .

$ 1 ,879,000 G a in .$ 5 ,5 6 8 ,0 0 0
1 6 ,800,000 L o s s . 1 ,0 00,000

T o ta l g o ld and le g a l t e n d e r s ....... $23 ,245 ,00 0 $18 ,6 7 9 ,0 0 0 G ain . 4 ,5 6 6 ,0 0 0

The following table indicates the amount of bullion
ia the principal European banks this week and at the
corresponding date last year.
J a n u a r y 30,1896.

Bank of

E n gla n d .........
F ra n ce ............
G erm an y.......
A u s t.-H a n g ’ y
Spa in ...............
N eth erlan d s .
N at. B elgium

J a n u a r y 31, 1895.

G old.

S ilv er.

T ota l.

G old.

S ilv er.

lo ta l.

£

£

£

£

£

£

48,314,279
77.376,890
32,574,150
24,972,000
8/04,000
3,126,000
2,713,333

35,946,720
48,314,279 35,946,720
49,441,827 126,818,717 84,8 25,000,49,382/CO 134,207,000
13,960,350 46,534,500 38,762,500 15,832,500 54,595,000
12,692,000 37,661,000 15,517,000 13,708,000 29,225,000
8.004,000 11,440,000 19,444,000
10,250,000 18,254,000
4,107,000 6,894,000 11,001,000
6,860.000
9,988,000
5,272,000
1,353,667
4,070,000
3,514,667 1,757,333

T o t.th is w eek 19?,G?0,652’ 94,560,84 4 291,611,496 193,876,887 99,013,833 289.690,720
T o t. prev. w ’ k 195.015,856 03,780,928‘288,798,784 189,384,340 98,991,6871288,376,007

THE N O R T H E R N P A C I F I C R E C E I V E R S R I P
TAN GLE .
It is occasion for congratulation that the effort to
clear up the muddle into which Northern Pacific af­
fairs were thrown by the conflict of jurisdiction be­
tween the various Circuit Courts of the United States
concerning the receivership of the property, has been
successful. Since the Courts first' fell out regarding
the question, the situation has been growing steadily
worse.
A nd the most unfortunate feature of the
matter was that there really seemed no assured way
out of the tangle so long as the Circuit Judges failed
to agree among themselves. The proceedings which
have now eventuated favorably were novel in character
and the attorneys for the parties in interest who co n ­
ducted them had considerable misgivings as to whether
the outcome would be as desired.
As will be remembered, the trouble arose out of the re­
fusal last September of Judges Hanford and Gilbert of
the Washington and Oregon districts to recognize the
court for the Eastern District of Wisconsin, presided
over by Circuit Judge Jenkins, as the court of original or
primary jurisdiction. An action had been brought in the
Circuit Court at Washington by the Northern Pacific

F kbbuar? 1, 1896.]

T H E

C H R O N IC L E .

Company, through Hr. Brayton Ives, its President, for
the removal of the old receivers —Messrs. Oakes, Payne
and Rouse— and it was sought to have the Washington
Court exercise jurisdiction over the motion, instead
of remitting it to the Wisconsin Court for dstermiaation. On Soptember 21 a decision was handed down
by Jadges H inford and Gilbert, affi'm ing the regular­
ity and validity of the appointment of the old receiv­
ers, and also decliriag that the Circuit Court for the
Eistern District of Wisconsin h id ju risdiction of the
bill for the foreclosure of the mortgage, but ruling that
as the Wisconsin Central no longer was operated by
the Northern Pacific and as therefore no considerable
part of the railroad of the Northern Pacific was now in
the E istern District of Wisconsin, com ity did not re­
quire that questions coming up should be sent to the
Wisconsin Court for decision. The receivers were ac­
cordingly ordered to make an answer in the Washing­
ton Circuit to the charges filed against them.
The position of these receivers wis thus very embar­
rassing. They had alreidy answered substantially the
same charges in the Wisconsin Court, and were now
called upon to defend themselves again in the Wash­
ington Court. N ot only that, but in all their daily
acts in the administration of the property they ware to
be amenable to tiro separate courts, each claiming the
right to exercise independent jurisdiction ; an act ap­
proved by the one conrt might be disapproved by the
other. Under the circumstinces the receivers co n ­
cluded to divest themselves o f their functions and sent
in their resignations. Tnen the trouble began in real
earnest. Judge Jenkins of the Wisconsin Court a c­
cepted the resignations and appointed E l ward H.
M a H m ry of St. Paul and Frank G. B gelow of M il­
waukee as new receivers.
Jadge II inford, adhering to his claim o f origi­
nal jurisdiction for the courts in the Circuit for the
Pacific coast, refused to accept the resignations of the
old receivers but removed them instesd.
Nor
would
he
recognise
the
new
receivers
ap­
pointed by Judge Jenkins, but appointed Andrew
F. Burleigh as receiver of the property. Mr. B irleigh
was subsequently confirmed by Judge Gilbert, the
Circuit Judge for the Pacific Circuit, and later by
Judge Beatty, the district Judge for Idaho. lie was
likewise confirmed by Judge Knowles, for the district
of Montana, who, however, appointed two additional
receivers, namely James II. Mills of Helena and E. L,
Bonner of Missoula. In January o f the present year
these two latter were retired by Judge Gilbert. Tne
appointees of Judge Jenkins, on the other hand,
had been confirmed by Judge 8 inborn for the
district of Minnesota, and also by Judge Thomas
for North Dakota.
The Northern Pacific sys­
tem runs through three judicial circuits — the
Seventh, comprising within it the Wisconsin districts,
with Jenkins as Circuit Judge ; the Eighth, embracing
the districts of Minnesota and North Dakota, with
Caldwell as Circuit Judge; and the Ninth, embracing
the districts of Oregon, Washington, Idaho and Mon­
tana, with Gilbert as Circuit Judge. The situation
then was this, that in the Ninth Circuit (in which
the Northern Pacific has 2,529 miles of road) Mr.
Burleigh was acting as receiver, and in the Seventh
and E'ghth Circuits (in which there are 1,985 miles)
Messrs. Edward II. McHenry and Frank G. Bigelow
were in charge; in addition the Northern Pacific has
moneys and property in the district of New York, com ­
prised within the Second Circuit, and here the old

209

receivers, Messrs. Oakes, Payne and Rouse, remained
in possession, Judge Locombe, in the wish to avoid
farther complications, having postponed action u n til
the conflict between the Western judges should be
settled.
The state of things here outlined was not only very
anomalous, but was proving very detrimental to the
property and jeopardizing its integrity. E ich set of re ­
ceivers of course had control only of the property in
the _Circuits for which they had been appointed, and
botween the opposing sets of receivers the system was
in danger o f being dismembered and the unity of its
operations destroyed. Nor could foreclosure be under­
taken while this was the situation. It is significant
of how serious and threatening matters had become
and of the urgency existing for applying a corrective,
and of the common recognition of danger, that in the
end we find all the different interests working to­
gether— Mr. Ives with Mr. E. D. Adams, the Chair­
man of the bondholders’ reorganization committee,
and these with the second mortgage bondholders
and the Farmers’ Loan & Trust Company— one and
all bent only on rescuing the property from the plight
in which the judicial fight had put it.
Tne groat problem was how to find a remedy. It
was finally decided to apply to the United States Su­
preme Court judges assigned to the Circuits in which
the property of the com piny is located— namely, Jus­
tice Brewer for the Eighth Circuit, Justice Field for
the Ninth Circuit, Justice Harlan for the Seventh Cir­
cuit and .Justice Brown for the Second Circuit— and
to ask them to make such order in their respective Cir­
cuits ai would restore harmony and secure the opera­
tion o f the property as an entirety. As already said,
in having recourse to this method, the parties iu inter­
est were not at all certain that the plau would work as
desired.
Toere was 'doubt whether the appeal would
be entertained at all, and there was further doubt
whether in any event the Supreme Court .Justices
would care to issue an order o f the kind asked for, and
whether effect could be given to it. Fortunately the
move proved entirely successful.
The method for giving effect to the conclusions o f
the Saprems Court judges is very simple, and will
doubtless prove a precedent for the future. It con s sts in the issue o f ao identicil order by each of the
four justices to the district and Circuit judges of the
several Circuits, directing that the Circuit Court for
the Eistern District of Wisconsin is to be regarded
as the court of prim iry administration and that
the proceedings in the other courts are to be
ancillary in their character and in aid of those
in the court o f primary jurisdiction. As regards
the broad general question involved, the ruling will
also be useful for future guidance. The Justices say
thit they are o f the opinion that proceedings to fore­
close a mortgage upon a road whose lines extend through
several Circuits should bs commenced in the Circuit
Court of the district in which the principal operating
offices are situated and in which there is some material
part of the railroad embraced by the mortgage, and
that such court should be the court of primary ju ris­
diction and of principal decree.
This is the general course of action to be followed.
But in the Northern Pacific case, n3 the system at the
time of the filing of the creditors’ bill embraced the
Wisconsin Central, and as all parties assented to and
acquiesced in the taking of primary jurisdiction by the
Wisconsin Court, and as furthermore the Circuit Courts

210

th e
____________________

c h r o n ic l e

.

fVoL. LXII.

half of the year, and not even the year’ s totals in
the usual form have yet been furnished. It was said
in explanation of this departure that some of the com ­
panies had refused any longer to furnish statements o f
their shipments to the Statistical Bureau. W hether
this was the real reason for the suspension, or merely
the ostensible reason, we do not know. The act, how­
ever, was unfortunate, for in the end the effect was
simply to still further confuse the public mind. A t
the meetings of the Presidents this week and
last the aggregate output for 1895 was reported
at 46,545,761 tons.
If these figures are on the
same basis as those for previous years, they show that
case.
The question of primacy having been disposed of, in 1895 over five million tons more coal were mined
the personality of the receivers is a matter of little im ­ than in 1894. The following compares the totals for
portance. No interest we imagine cares who may now the last twelve years.
Tear.
Tons.
Tear.
Tons.
be agreed upon— not even the Ives people, we suppose, 1 8 9 5 .................................... 46 .5 4 5 ,7 6 1 1 8 8 9 .......................
3 5 ,4 1 7 ,7 1 0
1
8
8
8
.....................................
3
3
,1
4 5 ,7 1 8
1894 ................................... 4 1 ,3 91,200
since the old receivers do not desire to be continued. 1 8 9 3 .....................................43 ,0 8 9 ,5 3 6 1 887..................................... 3 4 ,6 4 1 ,0 1 7
4 1 ,8 93,320 1 8 8 6 ..................................... 3 2 ,1 3 6 ,3 6 2
As far as the reorganization is concerned, the commit­ 11 88 99 21 ....................................
.................................... 4 0 ,4 48,336 188 5 ..................................... 3 1 ,6 2 3 ,5 2 9
tee can now go on with the work, for under the de­ 1 8 9 0 .................................... 3 5 ,8 55,174 1 8 8 4 .................................... 3 0 ,7 5 6 ,9 9 5
With this statement before him any one can see for
cision it will be possible to obtain a decree covering
himself what the cause of the trouble was; altogether
the entire property ; and we understand that the plan
too much coal was mined. The 1895 shipments even
will be brought out as soon as the financial outlook is
exceed by
million tons the previously unprecedented
favorable for the raising of the large am -unt of cash
total of 1893. It is of course understood that the split
needed in the reorganization.
between the companies arose out of the Reading’ s
demand for an allotment of 21 per cent of the tonnage.
THE A N T H R A C IT E
COAL
TRADE AND N ot being granted this percentage the managers
THE N E W AGREEMENT.
of the Reading went ahead and mined enough
The Presidents of the anthracite coal roads by mak coal to prove that they were entitled to the
the annual report of the
ing mutual concessions have at length reached an 21 per cent. But
agreement, thus ending the strife which last year company showed that from a financial standpoint the
proved so ruinous to all interests. With reference to results of this policy were not very encouraging. W ith
the meaning and significance of the new arrangement an increase of nearly a million tons over the previous
we speak on another page. Of the great need which year in the tonnage of coal transported, the gross rev­
existed for some such compact there can be no question. enue from the coal traffic was increased only $205,573,
It has been said of the anthracite coal trade that it while the selling price of coal was so low that the Goal
was the one industry that failed to share in the & Iron Company failed to earn its operating expanses
general improvement in business which marked the in amount of $699,809, against an excess of receipts
course of the year 1895. While in a certain sense that over expenses in the previous years of $268,553. E vi­
statement is obviously true, in another sense it is just dently, however, the Reading was not the only interest
as obviously untrue.
that mined coal to the utmost. The Lehigh Valley,
The distinctive feature of the year was that it was for instance, also enlarged its coal tonnage about a
decidedly unprofitable to the anthracite companies. million tons. And its experience was the 3ame. The
But it by no means follows that if things had been differ­ average rate received declined to such an extent that
ently managed the result would not have been entirely the added tonnage yielded only $79,317 added revenue,,
satisfactory. On the contrary there is every reason to while the accounts of the Lehigh Valley Coal Company
believe that had harmony prevailed among the produc­ indicate that an average loss of 13'48 cents per ton was
ing interests instead of discord, there would have been sustained on the coal mined by it and that purchased
not the slightest occasion to complain of the year’ s from individual operators.
outcome. In a word, the trouble has been not in the
For the first half of the year the statistics showed
quantity of coal consumed or disposed of, but in the that 1,276,885 tons more coal had been mined than in
excessive amount mined and the consequent low the previous year. Iu the last six months, therefore,
price received for it.
The companies evidentlj on the basis of the above figures, there must have been
found a maiket for a greatly increased amount a further increase of over 3 f million tons. A fter
of coal, and in that fact we have evidence that the meetings of the Presidents in JIarch and April of
in the sense in which there was an improvement last year, and their failure to come to an agreement,
in other industries there was an improvement in the price dropped until in July stove coal sold freely at
the anthracite trade also, the difference being $2 75 per ton free on board in New York harbor.
that the advantage that should have accrued to the , Prices had been unsatisfactory in 1894, but the lowest
companies from this favoring circumstance was lost point in that year for stove coal was only $3-40 per
because of the inability of the various interests to ton. After July, however, an improvement was estab­
agree upon a division of the tonnage. The failure lished, apparently without any concert of action on
to agree led to a very reckless policy in the nutter the part of the different interests. Business activity
of mining coal, thus causing a marked reduction in was increasing the demand for coal, and the weekly
the selling price of the s’ aplp, already low.
and monthly statements of production having beeiv
We are unable to furnish our customary annual discontinued, an attempt was made to encourage the
statistics, as the publication of the weekly and idea that the companies were pursuing a rigid policy
monthly statt ments was discontinued after the first of restriction. Successive advances were reported, till in

in the several districts recognized the authority of that
court for the space of two years, the conclusion is
reached that said “ court for the Eastern District of
Wisconsin has jurisdiction to proceed to a decree of
foreclosure which will bind the mortgagor company
and the mortgaged property, and ought therefore to be
recogn'zed by the Circuit Courts of every district along
the line of the road as the court of primary jurisdic­
tion.” This is a sensible way of settling the matter,
and to the layman it has seemed as if there was never
any good ground for questioning the jurisdiction of
Judge Jenkins in view of all the circumstances of the

F ebi
brcary 1 1896. J

T H E

C H R O N IC L E .

October the quoted price of stove coal was $4 15 per
ton, bat thereafter a rapid decline ensued and by the
end of the year the market again became demoralized.
In these circumstances another effort to harmonize
the differences between the companies became an im ­
perative necessity. The amount of coal to be mined
must be limited to the requirements of the market, so
as to enable the companies to get a better figure for
their product— not a high price but only a remunera­
tive price. Even the Dataware Lackawanna & Western
and the Delaware & Hudson show in their annual re­
ports this week how unsatisfactory have been the results
o C ’ the policy pursued lost year. With the growth
and development of population and industrial activity
the demand for anthracite of course is a rising quanti­
ty. The agreement for a division of tonnage will allow
full latitude in this respect.
Whatever the de­
mand, the companies will undertake to supply it, but
they will endeavor not to exceed the consumptive re­
quirements and thus guard against demoraliz.ng prices
and wiping out profits.
Under the agreement now
adopted the Reading gets only 29J per cent instead of
the 21 per cent claimed, and some o f the other pro­
ducing companies also are obliged to accept lees thin
what they think they are entitled to. Bat th it was
inevitable in any event. The difference o f one-half of
one per cent amounts even on last year’ s large tonnage
to leas than 250,000 tons— really an inconsequential
loss to the Reading in view of the great b mefits to re­
sult from the restoration of harmony among the differ­
ent interests.

H I E WORLD'S GOLD A N D S IL V E R P R O D U C T IO N I N 1805 A ND P R E V 1 0 US YE A RS.
The year 1895 has closed with very active production
still in progress in the gold flslds o f the world, but
with the increase in the production of silver, hitherto so
marked, turned into a slight decrease under the influ­
ence of the low price ruling for that metal.
O f coarse
at this early date noexact statement can be made of the
yield of either gold or silver in every country. While that
is true though, it is important to add that a great
change with reference to such statistics has been devel­
oping the last few years. The larger producers o f gold
are getting more and more in the way of compiling and
makingpubliccurrent facts. Consequently there never
was a time when an approximate estimate of the world's
product of gold could be so easily and correctly reached
toon after the close of the year as it can be to day. A
January compilation has thereby become of increased
interest and usefulness. We shall hope another year to
be able to meet these new conditions through a use of the
cable, so as to give this annual review at least in more
complete form, and probably at a little earlier date
than on the present occasion.
The plan of publishing monthly or quarterly com pi­
lations of gold production seems to hive grown up with
the South African developments and has become ma­
terially extended of late. Returns are now p*epared
for stockholders and for market use, and in that way
become public property. Years ago mines were not to
the same extent as at present under the control of
English and Continental capitalists ; at those earlier
dates the people exploiting or working any district
were likely to represent more local concerns or private
undertakings. Information as to the richness of a
mine or a mining district was then not infrequently
refused, secrecy bei-ig observed as a matter of policy.

211

Since the great profit on ventures m ine ia S c u th
Africa there has been a decided dispesition in Great
Britain to try the same class of investments elsewhere.
European investors invariably demand the pub­
lication of current fa cts ; aad the outcome of this
demand and of the extension of Great Britain’ s mining
investments is that more open methods are observed
and more frequent reports of production published by
countries other than South Africa. We cannot see
why it is not feasible for such rich mining centres for
instance as California and Colorado to adopt some
exact system of collecting by State authority their mining
results and publishing them promptly. As the matter ia
now conducted, enterprising newspapers in each State on
the first o f January prepare very elaborate statements,
but the year’s results given generally turn out to be
large*- than either Wells, Fargo & Co. or the Mint B u­
reau credit the States with- There can be nothing very
difficult to be overcome by State officials in so making
up the product that all authorities will adopt the
figures. Such exhibits if not exaggerated but accur­
ately prepared would be of benefit in directing the
attention'of capitalists to the wonderful undeveloped
mining resources of the portion of the country now
producing the precious metals.
GO LIS—PRODUCTION IN THE WORLD.

In a compilation of the world’ s annual production o f
the precious metals, the greater interest ia centered
now upon the gold product, though a few years ago
silver had the chief place. A reason for this change
of interest is no doubt found in the small and quite
nearly invariable gold output which for so many years
these compilations continued to disclose, and which now
at length and for about five years has been turned into
a decided and continuing increase.
To illustrate the recent increase take the values in
pounds sterling given in the table to be found later in
this article ; it will be noticed that the smallest gold
production was recorded for the five years ending with
1885, when the total reached £104,358,885, or a yearly
average of 1-ss than 21 millions sterling; the next five
years ending with 1890 there was a small growth in
the output, the total being £113,008,820, averaging
annually a little over 22i millions sterling; but for the
last five years the total has reached £166,988,415 and
the total for the last year 1895 has been £41,004,876,
or just about double the average iu 1881-1885. A n ­
other reason for this change of interest is the low price
at which silver has ruled since the India mints were
closed to free coinage ; it will be remembered that on
the announcement of that event the quotation in
London dropped to 3 0 L , and though th«*re was a
recovery thereafter— notwithstanding the subsequent
repeal of the silver purchase clause of our 1890 silver
law— the price has fluctuated aroun I 30d. all this year.
With a decline in the market value to so low a level
the idea of a return of silver as a money metal could
hardly fail to grow less probable in the judgm ent even
of those who have long looked forward .hopefully to
that end. Altogether then the conditions affecting
each metal recently developed have of themselves
tended both to center thought on gold and to divert it
from silver.

U nited States .— T he greater activity in gold m in­
ing has in 1895 been marked by the almost universal
character of that feature. Of the targe producers every
one has shown an increased product the last year. A
further fact of interest is that iu annual product the

212

T H E

( H R O N K

United States ugain stands foremost, the total for 1895
being 3,273,580 ounces in the United States, against
2,212,600 ounces in Australia and 2,119,023 ounces in
Africa; nor is this all, for it seems that the United
States has at the same t i m e taken the first position in the
amount of annual increase, the total increase in 1895 over
1894 being in the United States about 303,000 ounces,
while in Africa it appears to have been only 254,000
ounces.
Theso are very noteworthy facts.
They
apparently prove that the United States has even
to-day, after having worked its mines nearly half a
century, better chances for investment in its gold­
mining property than any country in the world. There
was, however, no increased product until 1893. In
fact for over fifteen years there had not been any sub
stantial growth in the output. It was not until silver
got so low as to afford little return for the work done
that miners were driven to other fields and largely to
gold. This change took place in 1893. Since then
the yield of gold has gone on increasing, the total
product in 1892 having been $33,014,081 (1,597,098
ounces), in 1893 having been $35,955,000 (1,739,323
ounces), in 1894 having been $39,500,000 (1,910,813
ounces), and now in 1895 having reached $47,000,000,
or 2,273,580 ounces— that is an increase in the annual
product of 14 million dollars in three years.
This is a most surprising resurrection of an industry
that seemed to be almost dyiDg out. Allied to it is
another remarkable fact. It appears that just so long
as these mining States, which we have got in the way
of calling silver States because they apparently had no
other industry that would thrive— just so long as they
clung to the paternal idea that the Government by
legislation could save from decline the price of their
pet metal they kept growing poorer and poorer. They
went on, to be sure, turning out each succeeding year
more and more of silver, but the larger the product
secured the less it was worth in spite of their little
device for keeping it off the market by having it stored
away for them in Government vaults. It was only
when the people of these States were deprived of this
dependence and began to strike out for themselves
that the industrial situation with them wholly changed
from dreadful depression to buoyant prosperity. We
have before us now the Denver “ Republican” of Jan­
uary 1, 1896, of 44 pages, narrating with great gratifi­
cation the results in Colorado o f the year. As to
metals the editor summarizes the results by stating a
product of 17]( million dollars worth of gold, 14£ mil­
lions of silver, about 3 millions of lead a n d l million of
copper.
In 1892 Colorado, according to the Mint
report, produced only $5,300,000 of gold and $34,433,681 of silver (coining values), the silver being actually
worth only about 21 million dollars. There is no more
beautiful city in the world than Denver. The people,
too, are at least as bright as other people. We have
met them in their own streets and doubtless they are
men of ideas, usually as quick and clever in judgment
as the traditional Yankee or Philadelphia Quaker.
And yet, strange to say, they cannot read the logic so
clearly disclosed in the foregoing figures.
In speaking above of the United States gold pro­
duct for 1895 we have used the estimate fur­
nished us by Mr. Preston, Director of the Mint.
This week the interesting compilation of Mr. Valen­
tine, President of Wells, Fargo & Co. has been
made public. We see that ho puts the total gold
product in 1895 for the United States at $48,399,729,
but he prefixes the figures with the qualification that

[Y ol . LXII.

LE.

returns obtained as his are through express compan­
ies, &c., “ are liable to be exaggerated, and are to a
considerable degree guess work.” O f course Mr.
Preston's Mint estimate is subject to such modifica­
tion as may be necessary on receipt of further details.
He states that now he is of the opinion that corrected
returns will make the value of the gold product in
1895 about 47 million dollars. It thus appears that
both of these authorities, while not differing from
one another very materially in their total, fail to ac­
cept the full estimate made by the State of Colorado.
The following shows the Mint Bureau’ s figures for
1894 and the three previous years; also an estimate
by States for 1895 divided in the proportions of Mr.
Valentine's products by States, but decreased suffi­
ciently to make the total om>y $47,000,000, the same as
the maximum estimate of the Mint Bureau at this date.
GOLD PRODUCTION IN UNITED STATES.
1891.

C a lifo rn ia ..................$
C o lo ra d o.....................
? ' on ta n a .....................
S outh D a k o ta ...........
I d a h o ...........................
A r iz o n a .......................
O re g o u ........................
N e v a d a .....................
A la s k a ........................
U ta h ...........................
N ew M e x ic o ..............
W a sh in g to n ..............
M ich iga n ....................
S ou th ern S t a t e s ....
O ther States..............

12,600,000
1.600,000
2,890,000
3,550,000
1,680,000
975,000
1,610,000
2,050,000
900,000
650,000
905,000
335,000
75,000
300,000
25,000

1892.
1893.
$12,000,000 $12,080,000
5,300,000
7,527,000
2,891,386
3,576,000
3,700.000
1,006,100
1,721,361
1,616,900
1,070,000
1,181,200
1,100,000
1,615,300
1,571,500
958,500
1,000,000
1,010,100
660,175
853,600
950,000
913,100
373,561
222,100
70,000
12,000
296,659
271,800
10,336
15,000

1891.
1895.
$13,570,397 $14,000,000
9,191,511 13,000,000
3,651,110
1,300,000
3,299,100
3,100,000
2,081,281
2,500,000
1,781,175
2,100,000
1,122,056
1,600,000
1,137,819
1,500,000
1,113,550
1,100,000
868,031
1,350,000
567,751
1,000,000
19o,100
270,000
H , 111
15,000
212,169
205,000
30,903
30,000

T o ta ls................... $33,175,000 $33,011,981 $35,955,000 $39,500,000 $17,000,000

The foregoing favors the inference that the growth
in gold production has been general, almost every
State sharing in it. By far the greater portion of the
increase, indeed almost 50 per cent, has come from the
mines of Colorado. All the mining States are capable
of more rapid progress, and nothing prevents a much
more important development except the lack of confi­
dence among capitalists in our monetary system.
S outh A f r ic a .— This young but vigorous and thriv­
ing mining centre has received a slight set-back the past
year. W e do not of course mean that there has been
no increase in the product. It has already been stated
that the yield in 1895 showed a material growth over
that of 1894. In this particular the twelve months
have afforded a highly satisfactory record compared
with previous years. A t the same time it is admitted
that the progress has not met the early promise. It
probably could not have fulfilled expectations even
had the conditions been as favorable as in 1894. In many
cases such large earnings upon the capital invested
have been obtained in recent years that inflated ideas o f
values and of probable production naturally enough
prevailed. The market collapse the last half of the
year had been for some time anticipated; the wonder
was it had been deferred so long.
Am ong the difficulties the African mines have had
to contend with were a deficiency of labor and a short
supply of water. Notwithstanding these obstacles it is
quite a notable fact that the output of the R ard dis­
trict made a decided increase down to the month of
December; this speaks well for the productiveness of
the district. For the seven months from May to N o ­
vember 1895, inclusive, the total yield of the W itwatersrand mines was 1,381,185 gross ounces, against
1,206,257 gross ounces in 1894, or an increase of
174,928 ounces, valued at £601,752. In December the
disturbance over political affairs of course interfered
with work, so that the product for the month aggre­
gated only just about the same as in 1894. The com­
plete monthly record of this district is interesting.

THE CHRONICLE.

Febkuary 1, 1896.]

213

clim ate. T h e idea now is that 1896 will secure better
results and 1897 still better.
T he prod u ct this
year approxim ates 235,000 gross ounces, or 216,200
fine ounces, against 207,131 gross ounces, or 190,561
fine ounces, in 1894.
N ew South Wales continues to make decided p ro g ­
ress. I t will be rem em bered that in 1892 the gross
ounces in this provin ce were on ly 156,870; in 1893
WITWATERSRAND DISTRICT—OUNCES VALUED AT ABOUT £3 103.
1883.
1894.
1S05
1892.
I W l.
Ounc<>.
m o.
they were 179,288; in 1894 they had risen to
108,375
149,814
177,463
84,581
January... .
ss.ms
93.253
151.870
109,296 324,787, and
50,975
88.649
February... .. m a m
now in 1895 the gross ounces are
165.373
March......... . . 37,680
111.474
184,945
93.244.
52.949
410,000,
m
aking
the fine ounces 377,200 in 1895,
112,053
168.745
186,323
56,371
95,562
A p r il........ .. 38,790
169,774
110,912
194,581
54,673
99,43®
May............. .. 3
against
298,804
in
1894
and 163,571 in 1893. It is re­
168,162
200,942
103,253
im m
55,863
Jane.... . ... .
107,953
io i,a »
126,100
106.453 ported, however, that the special progress developed
J a iy .. . . . . . .
54,900
136,069
174,977
59.073
102.322
203,573
August....... . . AV.iWl
120,585
107,852
176,708
194,765 in this province is due to the action o f the G overnm ent
65,601
Sejrtember..... 45,465
136/583
173,379
112,107
192,652 in draftin g men from the cities and labor-congested
72.793
October......
195,219
106,795
138,840
175.301
73,883
Ktrtember..
146,357
182.104
80,312
U7.74&
18&228 centres to the gold fields.
December..... §0,352
1,478,477
2,031. W3
729,2*18
2.283.M0
Totals... ..iW.817
i.m * »
V ictoria also affords a better com parison than it did
A lth ou gh the developm ent o f the m ining industry in 1894. It will be remem bered that the 1894 figures
in A frica began in the W itwatersrand d is tr ic t.it is well were on ly a trifle in excess o f those o f 1893. N ow we
known that th is district does not in clude all the have to report 727,000 ounces gross, or 668,840 flue
mines being worked in South A fries.
Indeed, it does ounces, against 673,680 ounces gross, or 619,786 line
not even include all the undertakings in the Transvaal. ounces, in 1894.
Progress in the other sections has, however, faien c o m ­
W e n e id m o t recite the facts with refererce to the re­
paratively slow, and is still small, the total p rod u ct of sults in the other districts. T he figures for 1895 that we
all mines in 1895 outside o f the Rand d istrict having have adopted, and which a ccordin g to the returns made
been not so very ranch more than one m onth's yield of to us we believe express close approxim ations, will be
the Rand.
Below we have reduced the entire African found in the tables we g ive, the first table being the
production to fine ounces from 1887 to 1895, both yean results in gross ounces and the second table in fine
inclusive, and give the value o f the prod u ct as well as ou nce;. In obtaining the fine ounces 8 per cen t has
the ounces.
been deducted fo r base metal in 1894 and 1895, but
A V a iC A ’ * C O LD I-ttODIJCTIOS— KIXK OUNCE#.
for previous years the reduction is a trifle m ore, being
—JVK«u/« m
----------- Total---------made
for each province on the basis o f the official re­
IW .
£
Oiiau*.
Omum,
js
«
MW (partyear.j.. .. 3S.7M
.. ... .. .
******
m /m
13S.lt28,7U
turns
made
to us. T h e com pilations referred to are as
1888............
j.
flMUno
SU M
a m ,... ......
1,3*2,404
8m /m
SOJM n% m o
MN,7iM 1 below.
We give the statement fo r six years. O ar readers are
aware that the history o f m inin g in South A frica is a
short one. T he first record we h iv e was in 1887, when
the W itwatersrand produ ct was 34,897 gross ounces;
in 1888 the p rod u ct was 230,917 gross ounces, and in
1889 it was 376,991 gross ounces. Since 1889 the
ou tpu t has been as given below .

1890............ . . . . . . . ** 407,750

m i ...

** em .m

ijm & u

n/m
m jm

mmjm
tm jm

1

m >m

727,P it
BUMS* I,l».SIS>
ijiia ®

tjm M i [

I-RODCCT

or 00tl>

IS ACTRAIASIA* COLONIES—OBOSS OUNCES.

w *w m Qmm*~ Wmt#m
Ntw
Smith Ttumat&wk AuttraHa.Zi.tVtm>. SurfraKa. nte.
tm jm
%/mrm j Yf$* VUtarU%. w # m
w . .im .m
1.27,460 61M07
34,209 183.193 24*831 20,510
mmmt w .w
m rjm
7jn 4 ,m
561,611
ts& m
tiQjjm i,110*90® % m / m
30,311 251,996 28,709 18.769
i
156,870
1 W , -65L454
m ,u » tm tm
38,074 43,278
m /m
T o ta l.,..,
..1,253,418 W M ijm 1490*04?
614W 0 m / m
s im b b
m s i i m m o 87,087
324,787
1894..
§7,818
m
u
m
m
,,m
85,8*4
9074
a
A ccording to the foregoin g the entire produ ction of
410.000 «m /m
m ooo
m /m 70,000

1M . t. ........„*,*«**
v m . .. ....
m i ,..,. ......
..t.* w ,r w
i 8 9 5 ..,,......

148,701

1

*•

f

the South A frican mines for the eigh t years since the
first opening was made has been 8,358,465 fine ounces,
valued at £35,505,108,

Total A m tmlmits.
1,599,350
1,651,151
1*700,130
1*870,502
2.195.848
2,405,000

* Retail* in 1IM ir«
PRODUCT OF GOLD IN AUSTRALASIAN COLONIES—FINE OUNCES.

Hfetc Smith Ttuma- Total A tu .
W*M S*h Qmmt#' l rm «m
land, AtuttaUa. Zmlmul. Australia, nta. tmlwUi.
531,000
$o/m 180,068 21,5*1 17,965 1.453,17
27,888 2m ,m i 26,494 44.497 1*518,000
£1.785 218,101 35,85? 39,817 M S W B
545,051
‘M M i m ttma 101
£00,852 30,844 34,377 3,711,892
m um
im M i m & m 82,976 §3,243 t/ m ,m
fm m
*77,200 030*200 210,200 ’i n ,m o 44,100 04,400 2,212,00

F m . rrnmim. Wait*.
110,: 74
1*1.069
m m ..m u m
142.227

A u s t r a l a s ia . — W e have not receiv»d our usual re­
p ort o f m ining operations for the com plete year in
Australasia as these pages g o to press. A previous re­
turn from our correspondent with official figures for
the first six month# and estimates as to subsequent
• Results In 1895 are estimate*!.
ou tpu t and for the tw elve m onths, together with
R u s s ia .— We have but little
from Russia o f
numerous facts otherwise obtained, are the basis o f the much use m a meaus for determ ining the g old ou tpu t
follow in g conclusions.
in 1895. T h e “ E ngineering and M ining Jou rnal” o f
Great results were hoped for from Western Australia. this city reports, wo n otice, that the prod u ction o f that
Large amounts o f E rgiish capital have been invested country in 1895 reached 33 m illion dollars in v a lu e ;
there not ox ly the last year, but the last two or three that though is apparently intended only as a rough
years, and o n properties believed to be very rich and estimate. T h a t the product has been larger in 1895
prom ising, but hitherto the returns have been exceed
than in 1894 we have seen stated by one o f the leading
ingly disappointing.
T h e expectation still is that London journals. A s the ou tp u t in 1894 was only
these investm ents will bear good fru it, bnt investors 1,167,453 ounces, which is the smallest yield in any year
will have to wait for fu ll results a year or two more since 1890, it seems fair to assume that the figures
There have been great obstacles to overcom e in that when published will be in excess of that total. T his
district. First— and this is a fact in most m ining assumption is fu rth er strengthened by the fa ct that
districts—- operations have n ot attained success as the figures for 1893 were 1,345,224 ounces, valued in
quickly as the exploiters predicted. It was, to be sure, dollars at #27,808,201, and that this was the largest
somewhat different with South A frica , the most recent aggregate of any year since 1880.
Consequently,
experim ent, bnt chiefly because that was a new cou n ­ ahhongh we have no retnrns which authorize a defin­
try; on the contrary all o f Australia has been raked ite estimate for 1895, we place Russia’s produ ct for
over before and the easiest finds secured. T hen , again, that year in our general table at 1,250,000 ounces, that is
Western Australia had the difficulty o f a scarcity in about midway between the reported results fo r 1894
the water supply to overcom e and a very trying (the smallest since 1890) and 1893, w hich as stated is

T H E

214

the larges; since 1880. It should be remembered that
the precious metals as taken from the mines in Russia
all pass through the Imperial Mint and every statement
of production is consequently from that source.
This
may account for considerable variations in the reported
yield while the actual output of the mines remains
not materially changed.
I n d ia , M exico , E tc .— W e do not expect at this
early date to furnish accurate returns from many of
the smaller producers. Mexico we see shows_ a slight
Joss, but its contribution is but a trifle. India on the
other hand has had the advantage of a considerable
supply of European capital, and has done well. It
promises, we think, to hold an important position
a'mong producers of gold in years to come. We have
brought together the reports o f the principal mines
in India and they show the following results:
EAST INDIA— GOLD PRODUCTION PRINCIPAL MINES.

1895.

1894.

O u n ces.

O u n ces .

1893.
O u n ces .

1892.
O u n ces .

Champion Reef ....... 7 0 ,9 4 7
Ooregum ........................ 7 0 ,3 4 9
M ysore.......................... 6 3 ,4 4 4
Nundydroog.................. 3 8 ,6 2 0

53,5 1 6
6 3 ,4 2 4
5 2 ,1 1 5
29,6 5 5

3 1 ,5 4 6
75,0 8 8
65,4 0 9
2 7 ,7 3 4

6 ,6 2 6
53,8 3 0
64,391
31,223

T o ta l......................... 2 4 3 ,3 6 0

20 3 ,7 1 0

199,777

1 56,070

66,5 0 1
23,5 9 2

125,952

G old P roduct of t h e W o r l d .— T he total product
fo r the whole world, accord in g to the data detailed
above, will be seen to be large. W e do not believe that
result will prove an over-estim ate, fo r we have as a rule
adopted the smaller ou tp u t, if there was more than
one return, wherever we th ou g h t any uncertainty
existed. A t the same tim e, as so large a part o f the
p rod u ct given is based on official reports, there is g ood
reason to suppose that the aggregate will turn ou t to
he a close approxim ation to the actual yield, w hich in
all its details cannot be know n fo r a lon g time. T he
fu ll statement is as follow s.

F in e
O unces.
O unces.
1871 ..... 2,378,729
1872 ........ 2,150.417
1873 ......... 2,114,910
1874 ......... 1,993,400
1875 ..... 1,805,015

O unces.

O unces.

1,896,947
1,830,661
1,907,112
1,870,973
1,044,030

1,264,000
1,215,000
1,000,000
1,008,000
1,050,500

T o t .'71-75.10,533,131 9,476,723 5,003,500
1870.........
1877 .....
1878 .....
>879.........
1880.........

1,068,082
1,581,490
1,107,504
1,425,872
1.443,898

2,080.009
2,188.785
1,890,947
1,017,269
1,741,500

O u n ces.

O unces.

O unces.

470,832
470,832
470,832
470,832
470,832

0,010,608
5,092,910
5,558,854
5,403,205
5,300,977

T otal
V n ln e s .
£
26,531,436
24,152^343
23,OI2|oOO
22,95 L989
22,772,368

............ 2,354,100 28,020^514 119,051,026

1,081,778
1,317,741
1,354.500
1,385,000
1,391,200

470,832
522,532
525,071
607,510
634,508

5,300,701
5,610,554
5,184,082
5,036,551
5,211,100

22 541 805
23,’8 3 3 !s n
22,020,944
21 394 201
22,13o]991

T o t .'76-80. 7,520,912

9,630,510 0,531,170

2,760,463 20,349,054 111,925,512

1831.........
1 8 8 2 .......
1883 .....
1884 .....
1885 .....

1,078,012
1,572,187
1,451,260
1,489,950
1,538,325

041,354
000,927
942,181
1,004,530
928,717

1,476,101
1,438,007
1,333,819
1,352,701
1,300,804

T o t .’ 81-85 . 0,909,042
1880......... 1,257,070
1887 ....... 1,290,202
1888 ....... 1,314,002
1899........... 1,510,007
1890 ....... 1.453.172
T o t .’86-90.
1891 ......
1892 ......
1893 ----1891 .........
1895 (est.)

6,885,053
1,518,090
1,038,238
1,711,892
2,020,180
2,212,000

T o t .’91-95 . 9,101,600

1,181,853
1,154,613
1,132,219
1,055,042
1,226,738

7,730,324 5,750.005
4,177.718
1,093.125 922,220
1,171,342
1,696,375 071,056 28,761 1,171,503
1,001,811 1,030,151 240,260
050,383
1,587,000 1,154,070 300,023
963,539
1,688,880 1,134,590 479.302 1,055,507
8,070,221
1,001,810
1,507,098
1,739,323
1,910,813
2,273,580

5,212.0991,114.845
1,108,764 727,912
1,190,8091,150,519
1.345,2241,381,128
1,167,4551,805,538
1,250,0002,119,023

5,321,254
1,200,029
1.456,158
1.407,009
1,091,238
1,798.000

9,125,051 0,131,2527,244,120 7,709,092

4,076,980
4,825,794
4,859,502
4,902,889
6,002,584

The ounces in the foregoing table may be turned into
dollars by multiplying by 20’6718.
The value in
pounds sterling has been ascertained by multiplying the
ounces by 4 ’2478. Thus according to the above the
product in 1895 stated in dollars is 8199,549,082 and in
sterling £41,004,876. That aggregate compares with
8178,919,018 and £36,765,652 in 1894, and $158,660,094 and £32,602,967 in 1893.
S I L V E R -P R O D U C T I O N OF T H E W O RLD .

Reliable early data with reference to silver is not
procurable to such an extent as to make it possible at
this time to say just what has been the course of this
industry in 1895. The returns thus far received indi­
cate that the United States has mined less silver than
in 1894, while Mexico has increased its output, carrying
that country probably to the top of the list as a pro­
ducer of the metal.
Australian advices denote a
smaller product, but for all other countries we have as
1891.
yet so little knowledge as to be able to form no definite
O u n ces .
opinion and consequently for them we repeat in our
..........
35,859 table for 1895 the totals for the previous year.

T h e abovfi figures for 1895 are certainly encouraging.
T h ey favor the belief that In d ia has a future as a
Bource o f gold supply o f considerable im portance.
F or other countries, which are m inor producers, we
have few returns and have attem pted no definite esti­
m ate fo r each; we have sim ply taken the results fo r
1891 as they are given in the report o f M r. PrestoD,
D irector o f the M int, and made them the figures fo r
1895, after adding some small percentage to such o f
them as seemed fo r any reason to require it.

C O L D . — WORLD’ S PRODUCTION IN OUNCES.
U nited
O ther
A ustralia. States. Russia.
A frica . C ountries. Total,

[V ol . LXII.

C H R O N IC L E .

21,141,216
20 499 008
2o!o42il93
20 8 °o 'l9 2

U n ited States .— T he mines of the United States,
according to Mr. John J. Valentine, have produced
$35,274,777 worth of silver the past twelve months,
against 828,721,014 in 1894. These results if adopted
would indicate a large increase in the product. The
values stated are commercial values and the increase is
therefore even greater than indicated by the figures as
they stand. The ounces are averaged at 65 cents for
1895, consequently the aggregate for that year repre­
sents 54,268,888 ounces; for 1894 the value per ounce
was given as 63 cents, hence the estimate for that year
is equivalent to 45,588,911 ounces. Stated in this way
the gain is seen to be more than 8| million ounces.
On the other hand Mr. Preston, Director of the Mint,
has furnished us this week with a preliminary estimate
of silver production. He says that in his opinion the
final returns will not aggregate over 46,000,000 ounces
this year, which compares with 49,500,000 in 1894 and
60,000,000 ounces in 1893. The following table with
the exception noted below is made up from the Mint
reports and covers the production o f silver since
1886. The division of the 1895 total between the
States named is of course merely estimated, being
based upon such information as we have thus far been
able to obtain. We add a column giving the average
annual price of silver in London.
SILV E R PRODUCTION IN THE UN ITED STATES AND A V E R A G E PR IC E IN
LONDON.
C a le n d a r
.------- ---------------- P r o d u c t i o n in o u n c e s . ----- -----------------. A v. P r i c e
rear
C o lo r a d o .
M o n ta n a .
A l l o th e r s .
T o ta l.
S ilr c r .

1895*............. 2 2 ,0 0 0 ,0 0 0
1 8 9 4 ............... 23 ,2 8 1 ,3 9 9
1893 ______ 2 5 ,8 3 8 ,6 0 0
1892................26 ,6 3 2 ,3 0 0
1 8 9 1 ................21 ,1 6 0 ,0 0 0
189 0 ............... 1 8 .8 0 0 ,0 0 0
188 9 ............. 1 6 ,0 0 0 ,0 0 0
1888............... 1 4 ,6 9 5 ,3 1 3
1 8 8 7 ............... 1 1 ,6 0 1 ,8 2 5
183 6 ................12 ,3 7 5 ,2 8 0

1 4 ,0 00,000 1 0 ,0 0 0 ,0 0 0
1 2 ,8 20,031 1 3 ,3 9 8 ,5 2 0
1 6 3 0 6 ,4 0 0 1 7 ,2 5 5 ,0 0 0
19 ,0 3 8 ,8 0 0 1 7 ,8 2 8 ,9 0 0
1 6 ,9 50,000 2 0 ,8 2 0 .0 0 0
1 5 ,7 5 0 ,0 0 0 1 9 ,9 6 6 ,3 0 0
15 ,0 0 0 ,0 0 0 1 9 ,0 0 0 ,0 0 0
1 3 ,1 4 8 ,4 3 7 1 7 ,9 3 6 .2 5 0
11 ,9 8 8 ,5 5 3 1 7 ,6 6 9 ,6 2 2
9 ,5 9 0 ,8 4 2 1 7 ,4 7 3 ,8 7 8

4 6 ,0 0 0 ,0 0 0
4 9 ,5 0 0 ,0 0 0
6 0 ,0 0 0 ,0 0 0
6 3 ,5 0 0 ,0 0 0
5 8 ,3 3 0 ,0 0 0
5 4 ,5 1 6 .3 0 0
5 0 ,0 0 0 ,0 0 0
4 5 .7 8 0 ,0 0 0
4 1 ,2 6 0 ,0 0 0
3 9 ,4 4 0 ,0 0 0

2978d.
2315l6d
355sa.
3 9 i3 u d.
4 5 1 ,fcd.
4 7 H le>d.
421 V d .
427s d
44% d .
453sd.

* Estimated.

M exico .— T his country has for a lon g time been the
second largest silver producer in the world, but last
24^67J49 101,358 885 vear the margin between it and the United States was
6,041,303 Ol-ISTHS
The
6,001 190 21493815 probably reduced to very meagre proportions.
5,175,023 21985 011
figures of M 'xico for the calendar year 1895 have not
5,611,245 23335447
6,711,451 2 1 3 6 l'l0 2 yet been published, but according to Mr. Valentine's
20,004,172 U 3 3 0 8 820 returns for the year ended June 30 1895, production
6,280,235 SoVoa’oOO
increased to such an extent as to carry that country up
7,041,822 2 0 0 l l \ b l
7,075 238 S2W 907 to the leading position.
A ccording to these figures
8,055,222 30]765’o52
Mexican
mines
have
yielded
$6,975,000 more silver
9,053303 41,004370
StLSlii J 1 8 1CC,9S8,415 than in the year ended June 30 1894, which at coining

IHE CHRONICLE.

F ebruary 1, 189fl.]

215

U n ited
A ll O th er
T o ta l
value would represent over five million ounces. Add- I
Fine
State?.
M e x ico .
A u stralia. C ou ntries.
T o ta l.
Values.
ing this amount to the official total for 1894 (47,038,- ' O unces.
O u n ces.
O u n ces.
O u n ces.
O unces.
O unc<s.
£+ •
1891................ 5S,330,000 35,719,237 10,000,000 33,916,175 137,965.112 25,900,276
381 ounces) compiled by the Mexican Bureau of 1392.................
63,500,000 39,504.800 13,139,011 36,196,175 152,939,986 25,370,513
Statitics the result this year would be approximately 1893................. 60,000,000 14,370,717 20,501.197 11,223,063 166,100.277 24,655,510
19,500.000
47 038,381 18.073,44053,140.0.96167,752,51720.226.410
52,000,000 ounces. The figures issued by the Mexican i1891
1895 ( e i t . ) . .. 46,000,000 52.000,000 14,500,000 63,000,000 165,500,000 20,601.302
Bureau of Statistics for three years have been as T o ta l ’91-95.277,330,000 218,633,135 76,513,918 217,781,109 790,258.192 116,751,011
follows.
i V a lu e s o f s i l v e r In t h is t a b le a r e c o m m e r c i a l v a l u e s a u d a r e c o m ­

MEXICO’ S ESTIMATED SILVER PRODUCTION.

Deposited at mints.
To be coined...................
Exported.
Silver ore, bars. Jto..........

1692.
Kilo*.
654,594-1*3

1893.
Kilos.
684,477,477

1894.
Kilos.
753,817 100

57-4,400-342

695,638 152

70?.543-666

p u t e d o n t h e a v e r a g e p r i c e e a c h y e a r o f s i lv e r a s g i v e n b y M e s s r s .
P i x l e y A A b e ll , L o n d o n . V a lu e o f £ in t h is t a b l e $ 4 - 8 6 6 5 .

The figures in the above table for 1895 are of course
estimated and incomplete. For 1894 the total pro­
Total production, kilo*.. 1,228,994*525 1,380,115 629 1.4-3,360-766 duction in ounces will be seen to be fully 167f million
44,370,717
47,038,331 ounces, of which the mines of the United States con­
Total production, ounoes. 39,501,800
A u s t r a l a s ia . —As a result in part of the fires in the tributed a little less than 80 per cent.
mice- last summer the Broken Hill Proprietary Com­
pany decreased its production quite materially in 1895;
a disposition to push operations less rapidly than here­ C O T T O N C O N S U M P T I O N A U D O V E R L A N D
M O V E M E N T T O F E B R U A R Y 1.
tofore also contributed somewhat to the smaller prod­
uct obtained. Tne Broken Hill Company having all
The movement of cotton to market in January has
along mined the greater portion of the silver in Aus­ been retarded to some extent by bad weather. There
tralasia, it is evident that any marked change in its has come into sight during the month 617,924 bales,
output must have a marked effect in the aggregate against 98*,289 bales in January of 1895, and 750,991
yield of the country. We have the returns of this bales in 1891. The aggregate amount of the crop of
company_for the last year and in the following exhibit 1895-96 now visible is 5.539,567 bales against 7,930,acd the results of the workings for previous years.
777 bales at the close of January last year, or a los3 of
SILVER PRODUCT OP THE BROKER HILL PROPRIETARY COMPART.
2,391,210 bales.
Sliver------------- *
A v**r:ur»'
OVERLAND MOVEMENT TO FEBRUARY 1.
Produced.
p*r ton
Ore tr**at*Mi.
Ouni #»•
Oan'fH.
Ton*.
Year—
37 26
8,171.877
The gross rail shipments in January have been only
1890...................... ........................ 219,311
34-70
9.853.008
1891......................
7.065,572
33-51) 119,780 biles, which compares with 186,173 bales last
1892...................... ........................208,134
28-18
12.498,301
1893...................... ........................ 438,792
13.338,202
23*30 year and 160,775 bales in 1894. The decrease from a
1894...................... ........................ 580,954
10,162 929
21-71
1893...................... ........................ 468,001
year ago in the total for the season to date therefore
Here we see that the total production in 1895 was reaches 489,133 bales, and contrasted with 1893-94 the
10,162,929 ounces, or 3,375,273 ounces less than in decline is 112,238 biles. Tne net for the month has
1894, or a falling off of nearly 25 per cent; the ore been but 61,623 bale’, or a falling off 'rom 1895 of
treated, being less rich in silver than in the previous 34,464 bales, the total then being 96,092 bale’ . In
year, fell off less than 20 per cent. In fact a glance at 1894 the net reached 88,963 bales. The aggregate
the table clearly demonstrates that deterioration his for the five months records a loss from last y»ar of
been constant. In 1890 the amount of silver secured 333,665 bales, and the decrease compared with two
from a ton of ore was fally forty per cent greater than years ago is 42,544 bale*. The detads of the whole
in 1895, and in 1893 from a lesser number of tons a movement overland for three years are appended.
much greater amount of silver was obtained than in
OVERLAND PROM SEPTEMBER I TO FEBRUARY 1.
the year just passed.
1895 96. 1894 95. 1893-94.
Silver Product of the World.—With these pro
4 rnoun/ shipped—
limiuary suggestions as to the production of the silver Vl»8t. Louis___ ______ . . . . _____ ____ 382,166 659 826 467,654
mines of the world, we bring forward our usual state­ Via Cairo ................................................ 178,925 251,043 176,975
Via Parker City.....................................
21 103
13,107
ment of the production of silver each yea1-, beginning Via
2,694
6,068
Evansville........................................
47
with 1871 and including an estimate for 1895, Ucing for Vl» Louisville .......................................
70,587
97,577 130,233
77,683
the bisis of the estimate for the latest year such Via Cincinnati........... ............................. 57,813 116,837 101,232
94,050
Via other routes.....................................
53,391
returns as we have received up to this date.
Shipped to tnUls, not Included above...
7,583
6,277
6,182
S I X V H i t . — W ORLD'S PRODUCTION IN OUNCE* AND XTERLINO.

United

Fine

BUM.

AU oth er

Mexico.

AaRulU. rnuntiua.
Ow et*.

Val n e * .

Ounce.

It
L1.2ln.7SS
H.204.:M>S
14,417,4*1
15.588,0*4
13.755,215

Ounce*.
O w e.
1871................. 17.liW.77e
.......... ... SLVAITS
1878 . ........ *70*30.000
1874 ............... 04,840.000
1873............... *1.418,000

Uuiurfl.
19.I117JM3
tO,*37.983
10.047.9S3
19,«57.9S*
13.437.083

Total 7 1 7 5 Ul.2n2.3lM
1874............... 30.00.000
1877 ............ 30.781.000
1878 ...............S4.9V1.000
1879 ........... 31.iVI.000
1880 ........... 30.320.000

O8 .2SO.01 S
17,411.330
10,1*0,840
20.132.794
20,334,133
21.173.210

507,712 75.732.432 20S.8R2..127
104,217 15.808.800 43.5.17.234
83.010 18.232.048 08.270.554
lOrt.574 17.130,422 72,418.704
127.537 23,172.044 7SRO5.710
1.14,*71 24.844.843 74.472.737

Total ■ 7 4 -m i3 7 .* a .i»»

94,433.310

502.020 99,317.703 *50,135,033 78.178.711

23.240.000 Zt.AA1.1L1
34.200.0in 23.7tB.U43
35.730.000 23,904,430
U7.8W.4O0 23.470.0L5
30.910.000 24.91D.3U

114.012 20.510.518 HO,332,190 18,821.159
145.411 22.503.,Ml 81.218.230 18.180.434
830.710 25.770.tl55 03.118.915 18.933.110

Mm

1881
IM S ..............
1883 .............
1884 .............
1885 ...........

Ounce.

T out
T o ta l.

1S1..WS 14.770.101

M,t<Vl,i:U

01.013
U7.&.11
130.100
100,480

MR81.M3
02.37T00I
<V!,l«0,:t72
50.802.333

11.770.001
18.140.400
L4.S72.M00
14.4T2RD0

72.2V0.slf3
13.B4I.030
13.SUl.n01

15.910,813
10,050,533
14,418,752

Total gross overland......................
leduet shipments Overland to New York, Boston, Ac...
Between Interior towns.......................
Galveston, inland and local mills........
New Orleans, inland and local mills...
Mobile, inland and local mills..............
Savannah, Inland and local mills..........
Charleston, Inland and local mills....
N. Carol’a porta, inland and local mills.
Virginia ports, inland and local mills..

794,238 1,283,371

906,176

296,306
16,708
7,330
16,917
12,339
1,6 45
8,281
739
4,972

183.4-15
20,151
2,0* t
15,40)
10,9'5
6< 1
5,76 ■)
6- >
30,3f 3

172.636
2.405
3,255
11,031
3,133
943
5,268
730
4,967

Total to be dednoted......................

204,971

360,439

274,665

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

589,267

122,932

631,811.

This total lnoludes shipment* to Oanada by rill, whloh sinco
07,000 21.224.450 81.248.9*1 17.502.150 ’ eptember 1 in 1395-96 amounted to 4 3 ,12 1 bales-; In 1394-95 were
41.435 27.592,116 87.019.233 1*817.171
55,311 bales, and In 1892-91 were 35,871 balos.

T otal *81-^5.182.9t*t.0r» I24.0tr2.384 1^43.154 120.711,790 137.007.510 92.291,082
1884.............. 3D, 110,040 *7,437,112 1.053.043 *7,370.873 95.311,178 18.057.582
1887.............. 11.200.01)0 28,0175187 ,7,181.930 25.053.312 08,115.529 18.213.364
1848...............14.780,400 28,3*2.071 4.481,171 *7,173,170 107,494.915 10,239,405
1880 ............ 50,000,004 32.970,770 0.150,235 32,040.774 121.199.770 22.080,t il
4.............. W .500.(41)
33.423.049 U.277.403 32.427.0S12 132,028,311 24.233.767
I -84-*047234.080,000 15O,519,-,10 3 U 18 .W , 111.001,121 567,561,745 103,803.111

RECEIPTS, EXPORTS AND SPINNERS’ TAKINOS.

At the outports the not receipts for the month have
been less than in either of the two preceding years,
reaching a total of only 543,118 bale’, against 933,197
biles in January of 1895 and 682,028 b.les in 1894.
The aggregate for the five months is much bebv that

THE CHRONICLE

216 .

Of last year and exhibits a considerable loss from
1893 94. The exports to foreign ports have been of
onlv fair volume, the outward movement for the month
this year being but 587,934 bales, against 1,095,106
bales in 1895 aid 770,293 bales two years ago. For
the season to date the total exports are 1,843,877 bales
leas than in 1894 95 and exhibit a falling off of 789,978 bales froai 1893-94. Port stocks show a redaction
since the first of January of 139,112 bd^s. Oar usual
table of receipts, exports and stocks is as follows:
8 s p t. 1, 1895, to
J a n . 31,1896.

R eceip ts R eceip t* BXPORT8 SINCE SEPT. 1, 1895 T O sin ce
s in c e
C o n ti­
G rea t
S ep t. 1, S ep t. 1
lo ta l.
F r a n ce .
n e n t.
B r i t a in •
1894.
1895.

79,610 121,146
758.372 1,433.288 288.290
2,550
25.204
20,820
47,115
73.141
New Orleans .. 1,355,247 1,977,980 390,000 225,322 321,320
22,590
39,448
101,915 198,294
17,762
9,414
22,573
Florida..........
Bavannah........ 583,803 771,138 85,380 20,349 195,755
15,195
Brunswick, Ac. 91.449 127,709 87,385
....... 124,020
27,174
231,075 3:0,075
Charleston......
4,899
Port Royal ,&c. 41,173 101,732 35,309
1,770
90.708
Wilmington---- 147,002 216,716 28,231
870
719
Washlngt’n.&c
5,323
Norfolk........... 239,027 873,923 22,271
9,930
West Point.... 135.406 234,837
6,323
Newp’tNewB.Ac. 13,284 31,438
97,703 150,699
1C,155 137,036
36,705
New York.......
43,912 133,130
1804
80,539
89,970
28,800
77,646
950
38,809
Baltimore----77,047
2,174
18,227
Phlladelphia.&c. 20,580

Galveston........

Velasco, & c...

4S9.051
48,530
938,642
02,038
9,414
257,490
52,581
151,200
40,268
120,709

|Vol . LXII.

previous seasons. An additional fact of interest is the
total of the crop which was in sight on February 1
compared with previous years. We reach that point
by adding to the above the stock remaining at that date
at the interior towns less stock held by them at the
beginning of the season. In this manner we find the
result for three years on February 1 to be as follows :
Total marketed, as above— bales.
Interior stocks in excess of Sept. 1.
Total in sight.................

S to c k »
J a n . 31,

124,104
13,765
379,271
41,333
83,078
3,596
42,935

1895-96.

1894-95.

1893-94

5,066,389
473,178

7,495,777
435,000

5,884,030
334,000

5,539,567

7,930,777

6,218,030

This indicates that the movement up to February 1
of the present year is 2,391,210 bales less than in
1894-5 and 678,463 bales less than in 1893-4.
As it will interest the reader to see what has come
into sight each month of the seasoa during this and
previous years, we have prepared the following, which
shows the movement for the last four seasons.

14,365

27,594
9,930
0,323
803.789
134,934
79,789
20.401

41,214
2,000
2,132
185,328
80,0 JO
10,349
9,375

1,276,921 352,712 1,122,100 2,750,733
Total 1895-90.. 4,035,122
Total 1894-95..
0,184,815 2,369,945 587,010 1.037,655 4,594,610
Total 1893-94..
4.888.219 2,006,017 468,521 1,068.171 3.540,709
* Great Britain exports lnolude to the onauuel.

989,500
1,076,597

Uonths.

1895-96.

1894-95.

1893-94.

1892-93.

September...........
October................
November...........
December...........
January...............

542,394
1,722,122
1,321,097
1,336,030
617,924

663,703
2,116.630
2,197,167
1,971,988
981,289

511,273
1,637,555
1,704,608
1,613,603
750,991

522,552
1,465,067
1,467,066
1,290,705
556,371

Total 5 months.
Balanoe eeason..

5,539,567

7,930,777
1,961,989

6,218,030
1,309,181

5,301,761
1,415,381

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

9,892,766

7,527,211

6,717,142

Total orop.......

1,118,730

WEIGHT OF BALES.

To furnish a more exact measure of the receipts up to
Using the facts disclosed by the foregoing statem ents
We shall find that the portion of the crop which has January 31 we give below our usual table of weight of
reached a market through the outports and overland, bales. We give for comparison the figures for the same
and the Southern consumption, since September 1, this time in the two previous years.
year and the two previous years is as follows.
Same Same
Five months ending Jan. 31,1896 peri’din peri’d»*
1895-96

1894-95. 1893-94

Receipts at the ports to Feb. 1__ bales. 4,035,122 6,184,845 4,888,219
BTetshipments overland during same time 589,267 922,932 631,811
Total reoeipts............................. bales. 4,624,389 7,107,777 5,520,030
Southern consumption since September 1 442,000 388,000 364,000
Total to February 1..................bales. £>,066,389 7,495,777 5,884,030

The amount of cotton marketed since September 1
In 1895 6 is thus seento be 2,429,388 bales less than in
1894-5 and 817,641 bales below the total for 1893-4. To
determine the portion which has gone into the hands of
Northern spinners during the same period we have
prepared the following:
Total receipts to January 31,1896, as above.............bales. 5,066,389
Stock on band commencement, ot year (8ept. 1,1895)—
At Northern ports............................... 169,527
At Southern ports............................... 110,536- 280,063
At Northern Interior m a r k e ts......................
5 ,7 82- 285,815
Total supply to January 31,1896.................. .................. 5,352,231
Of this supply there has been exported
to foreign ports since Sept. 1,1895,2,750,733
IMS foreign ootton Included___b iles. 33,416-2,717,317
Bent to Canada direct from West........... ...... .....
48,124
Burnt North and South....... . . . . . . . . . . . . . . . . . .
1,485
Btook on hand end of month (Jan. 31,1896)—
At Northern ports............. ............ 241,047
At Southern ports.............................. 748,453- 989,500
At Northern interior markets............................
8,294 3,764 720
Total takings by spinners sinoe September 1,1895 .............
Taken by Southern spinners............................ ........................

1,587,514
442 000

Tak-n by Northern spinners-lnce September 1 , 1395........
Taken by Northern spinners same time In 1894-95................

1 , 14 5 ,5 14

Decrease In taklngs'.by Northern spinners this year..bales.

401,849

1,547,363

The above indicates that Northern spinners had up
to January 31 taken 1,145,514 bales, a decrease from
the corresponding period of 1894-95 of 401,849 bales
and a gain over the same period of 1893-94 of 64,384
tales.
AMOUNT OF CROP NOW IN SIGHT.

In the foregoing we have the number of bales which
has already been marketed this year and the two

1894-95. 1893-94.

Nximberof
Bales.

Weight in
Founds.

Average Average Average
Weight. Weight. Weight.

836,513
Texas...............
Louisiana......... 1,355,247
161,915
Alabama..........
Georgia*...........
697,825
275,548
South Carolina.
387,717
Virginia...........
147,721
North Carolina.
T umessee, <fec.. 1,203,903

440,524,476
693,859,359
80,795,585
337,356,518
131,946,160
187,887,658
72,281,363
601,937,617

52662
511-98
499 09
483-44
478*85
484 60
489*31
50003

534-60
514-57
508*00
491*35
490-84
494*16
494-61
498-80

521-20
498*18
500-00
486-40
482*43
487*43
486-50
496 00

Total........... 5,066,389

2,546,638,736

502-65

508-38

496-65

• Including Florida.

It will be noticed that the movement up to Jan. 31
shows a decrease in the average weight as compared
with the same period of last year, the average this year
being 502’65 lbs. per bale, against 508‘38 lbs. per bale
for the same time in 1894-5 and 496-65 lbs. in 1893-4.
THE D RY GOODS TRADE IN JA N U A R Y .

Outside influences have been against the market
throughout the month. The financial situation has
been chief among these, and under it buyers have
lacked confidence enough to push ahead with usual
preparations for spring trade in staple cotton goods,
confining their purchases almost entirely to meeting
current requirements. Manufacturers complain of in­
adequate returns from sales of their products, but still
the tendency of prices has been downwards in brown,
bleached and colored cottons. Towards the close of the
month jobbers “ cut” leading makes of bleached cot­
tons severely. In cotton dress fabrics the chief feature
has been the continued preference for novelties over
regular lines of prints and ginghams, which have sold
slowly and close barely steady. Print cloths have de­
clined -|c. to 2|c. for extras, with the smallest business
for any month on record. Collections have been
irregular and the cause of numerous complaints.

February 1, 1896.J

THE CHRONICLE

217

Our relations with Germany likewise are improving, and
the press controversy, which was so bitter last week, is dying
Lan- S’th’n Oott’n Print- Sheet- Lan- S’th’n
(Jolt’ll printPresident Kruger has acted with great judgment,
low
ing ings, cotter 3-yd. out.
low
ing ings, C04t*T 3-gd.
* mid- cloth*, stand- ging- sheet- mid- cloths. stand- ging- sheet promptitude and magnanimity, and there is every prospect
tiling. 64x64 ard. hams. mg*. dling. 6-4x64 ard. hams. ings.
now that a fairly satisfactory settlement of the Uitlanders’
1..
claims will be arrived at. The communications between the
5-4
2..
2*68 5V,
4*9
3u0 5*1
si*
5*9
5V,
2*68 5 4
54
3.. 7*»„ 3 oo 5*1
5*3
1*2
5V,
5*4
High Commissioner and President Kruger have all along been
4^
2*68 5 4
4.. 71*16 3 00 5*.
5*»
5*4
A*4
5*4
o f the most satisfactory character; and the HighCommissioner
4*9
2-68 5V,
5..
...8...
5-4
5*4
6..
5*3
reports
that the mining industry has not been materially ins
2-68
5
4
5<4
7.. 71-*1« 300 5*1
4 <6
5*8
5*1
5-4
8 . 71*, 3*0»j 5*.
•43a
•*>4 2*60 5 4
5*4
terfered with, and that work has now been generally re­
5*8
5*4
2
60
9..
.•
>
*
5^8
5V,
30 »
5V,
o>4
5*18
sumed. It is believed that many of the native workpeople
10.. 7i*u 3*c0 5 *
5V,
4*8
5*9
5*16 260 5*4
5H
5V,
4*
11.. 7l\ 3*00
5*8
5*18 2-60 5V,
5*4
returned home during the scare : but the best informed are
12..
4^8
. 8.
5*4
5*16 2*60 5*4
1J..
of opinion that plenty of laborers will be forthcoming in the
14.. 7 > „ 300 5*1
5*8
4*8
5*16 2-50 S<6 " 4 V3
5q
early future. The British Government is urging upon the
2-o0
4 *11
15.. 7*a,f 3*00 5*1
4*8
5-4
5%
5*4
5*16
16.. '<1*1. 3 . 0
4*4
4*8
5 <«
3*8
5*19 2*50 5<4
5*1
Transvaal authorities to act with moderation towards the
2*50
17.. 71*, 3*00 5*1
5*9
S<4
4*6
4%
5<4
5*16
leaders o f the National Union, who have been arrested, and
*4
4*8
IS.. 71* , 3-00 5*l
5*8
»B,6 250 S>4
514
2 50 5>4
19..
5*1
5
4*8
it _is known that Mr. Chamberlain has taken the conduot
SSm
20.. 7l5j
5*4
5U
...8 ...
2*50 5*4
5 V,
21.. 7 i *h 3*00 5*9
'5
4*8
of the matter entirely" into his own hands.
514"
5>4
2 50 514
22.. 71*19 2-8i 5*9
5
54
5V,
4*8
5*4
On Thursday evening an official^announcement was made
23.. •JIM 267
5Vi
2 57 5*4
5
5*9
5 <4
4*8
514
2 57 5*4
2-4.. 71*16 2-87 5*8
5
5V,
4*8
5*.
5<4
in
Paris that the long-standing dispute between this country
25.. 71*,. 2*87 5*.
2-57 5V,
5
4*6
5V,
5*4
2 57 54
and France respecting the Mekong Valley had been termi­
...8... 5*4
5*4
5
43*
27.. 7*8
5V|
2*87 59g
s\
nated, France apparently having gained almost all that she
2b.. 77,
5
2*75 5*9
4*8
5<4
5 >4
5*16 2*57 5*4
29.. 176
5
275 6*8
5*4
4*8
5*4
5*16 2*57 5V,
contended for. Of course there are many other difficult
5V,
30.. 778 2*75 5*9
2
57
5
5<4
5*,.
4*8
5 ‘4
questions between ourselves and France ; but the settlement
31.. L7’ wt 2*75 5*h
5am 2*57 5V,
5
4*6
5>4
5 V,
The Above price* *ro—Kcr cotton, low inlddllnx uplAntU At New Y o r k ; in this case jyves rise to the hope that they also will be ami­
lor prlntlnit clothe, manufacturer*' net price*; (or ibeetltiita a l <1 cably arranged. Owing to all this there is, as already said,
ginghams, agents’ price*, which Are subject to An average discount ol 5
a very much better feeling and business is once more becom­
per o e n t .e ije p t wuen otherwise stated ; 801 tieru sheeiinis* net.
ing active in every direction.
The rates of interest and discount are rapidly falling, and
Stock Ex c h a n g e Clearing - H ocsa Tran saction s . — The
subjjiueil statement include* cue transaction* of cne sue k the accumulation o f unemployed capital is becoming greater
Exchange Clearing-House from Jan. 20 down to and includ­ than ever. The Bank of England now holds over 46 millions
ing Friday, Jan. 31; also the aggregates for January in 18UI.
sterling in gold and the reserve exceeds 37 millions sterling.
1885. 1894 and 1693.
On the Stock Exchange there is no “ bull” account, and
( took BXOSASOB atasaMo aooss rstssAimusi.
there is believed to be a very large “ bear” account in almost
e—Sturn, ootA sides.—
------ Balances, on* rule-------- Sheen
Cleared Total Valut. SAart*. Value Shares Cash. Cleared. every department. Trade received some check during the
18831
•
*
Janaary . 29,644.600 2. 044.7(9.000 3.000,000 2lG.7C0.O00 3 3 0.600 V.f-30 recent political anxieties, especially trade with Germany.
1 »»■»January...
l.O?*.6*W.OOO 1,461.000 rt0.100.000 2.041.000 6 835 But already there is a recovery, and the feeling among bank­
I 895 ers, manufacturers and merchants is that if the political
January.., i3.SV3.6Q0 900,200.000
1,001.000
63,700,000 1.483.100
6,434
outlook clears there will be a very early and a very consid­
1*9#
January... 15.2J8.500 U67,700.0 JO 1,611,200
88*400 000 1,146,000
6.876
erable expansion o f trade. During the past six months the
.— Shares, trite, sides. —. ■
-------Balances, one suit------- - Sheets,
Cleared. Total Valut. Share,. Value Shares. Oats. Clearea advance has been very considerable, as is shown not only by
6
*
$
the Board o f Trade and the revenue returns, but also by the
Jan. 2 0 .. 843 .7 0 0 5 * ,7 0 0 ,0 0 0
9-L700
5 ,2 0 0 .0 0 0 100.800
332
M 2 1 .. 4 >*2,000 3l.2oo.OoO
51.8 0 0 2 .8 0 0 ,0 0 0
J 2 .700
288 bank and the railway dividends. The bank dividends have
M 2 2 .. 53 «.600 36.3O«J.O0O
54,2 jO 3.2 0 0 .0 0 0
36.000
299
been well maintained, to the surprise of most people. The
" 2 3 .. 5 4 0 .8 0 » 36.2vf0.0O0
51,100
3.OUO.0OO 6 5 .0 0 0
308
" 21.. 8 6 1 ,1 0 0 3 9 ,8 0 0 ,0 0 0
4 9 ,0 0 0
3,0 0 0 ,0 0 0
39,81.0
295 railway dividends so far declared are exceedingly satisfac­
Tot. wk..3,0 5 9 ,5 0 0 2 0 3 .2 0 0 .0 0 0 3 0 4 .8 0 0 1 7 ,2 0 0 ,0 0 0 274 ,3 0 0 1,522 tory; in every case they are larger than at this time last
WMA6tjrr3,04:>,000 195,100,000 256 ,4 0 0 1 4 .4 00,000 296.9C 0 1,438 year.
But o f course only few of them are yet announced;
Jan. 2 7 .., 954 ,4 0 0 6 4,000,000
9 4 .7 0 0
5 ,3 0 0 ,0 0 0
339 the greater companies will not declare the results of their
87,100
** 2 8 ... 79 5 ,8 0 0 .51,300.000
60. TOO 4,700.000 59.700
325
M 29
139,200 41,300,000
70,600 4,000.000 59.. 00
313 working for some time.
- 30. . 734,400 •18,800,000
76,800 4,200,000 69,000
324
In the silver market prices advanced up to Thursday, when
M 31. . 806,100 45,600,000
93.700 1,700,000 53,000
329
there was some slight setback. Owing to the fear here that
Tot. wk.. 3,929.930 251,000.00*3 422,500 22,900,000 321,000 1,030
Wkla6trr3.4l4.800 196,200.000 308,300 15,700.000 281,100 1.507 Congress will not legislate so as to restore order in the
finances o f the United States many operators have come to
The stocks cleared now are American Cotton Oil common.
American Sugar common, American Tobacco common, Atch­ the conclusion that silver will by and by become the real
ison, Central of N, J.t Chesapeake & Ohio, Chicago Burlington standard o f value in the United States. That opinion is not
& Quincy, Chicago iias, Cmcago Milwaukee & St. Paul com­ general, hut it is sufficiently widespread to encourage specu­
mon, Chicago & North Western common. Chicago Rock Island lation, not only in silver but in silver securities. The India
*c Pacific, Delaware & Hudson, Delaware Lackawanna &
Western, Distilling & Cattle Feeding. General Electric, Like Council continues to sell its drafts exceedingly well. This
Shore & Michigan Southern, Louisville & Nashville, Manhat­ : week it offered for tender 30 lakhs. The applications were
tan, Missouri Kansas & Texas preferred, Missouri Pacific, New I for more than five times that amount, and the price obtained
\ork Central, New York Lake Erie & Western. New York &
New England. New York Ontario & Western, New York Sus­ exceeded Is. 2d. per rupee.
The Stock Exchange settlement, which began on Monday
quehanna & Western preferred, Northern Pacitic preferred,
National Lead common, Philadelphia & Reading, Southern morning and ended on Thursday evening, showed, as stated
Railway common and preferred, Tennessee Coal & iron, Texas above, that there is a large “ bear” account in every depart­
& Pacific, Union Pacific, United States Leather common and ment. Considerable amounts which had been borrowed have
preferred, United States Rubber common, Wabash common
and preferred, Western Union and Wheeling & Lake Erie been repaid, and bankers state that they have been unable
oommoD,
to make fresh loans, even at nominal rates. During the week
however, there lias been a revival of speculation. It is
f f l o n e t a r g g C o m m e Y c t a t ^ n g t t s h j ^ e u i s strongest as yet in West Australian gold-mining shares.
They have advanced very considerably, and the dealings in
[from oar own correspondent.)
them have been on a large scale. There has been a rise like­
L o n d o n , S a t u r d a y , Jan. 18, 1S9G.
wise in South African shares; but the fear that the arrested
There is a much better feeling here this week and strong leaders may be expelled from the Transvaal and that severe
hopes are now entertained that all political disputes will be fines may be imposed is deterring the market from dealing
amicably arranged. The abatement o f excitement in the too much. If such men, for example, as Mr. Lionel Phillips,
United States and the request o f the United States Govern­ who is a partner in one of the very greatest of the mine­
ment to Mr. Chamberlain to take charge of the interests of owning houses, and Mr. Hays Hammond, who Is recognized
American citizens in the Transvaal have made an exceed- to be the foremost engineering authority in the Rand, are
ingly good impression. There is here only a feeling of the ut­ expelled, it is reasonable to conclude that the great interests
most friendliness towards the United States, and everything they have been conducting will be deranged for some time,
that seems to reciprocate the feeling is warmly welcomed.
at all events.
£4
>

1896.

1895.

THE CHRONICLE.

218

There has likewise during the week been a considerable
speculation in silver securities of all kinds; and there has
been a very strong demand for British railway stocks, espec­
ially for the deferred ordinary stocks. The expectation of
an immediate settlement o f the unfortunate shipbuilding
dispute lias le i to very large purchases o f the deferred
stocks of the Scotch companies. There is, however, little
dealing in the American market. This is mainly due at the
present tim » to the disorder in the currency. It is felt that
the new loan will b? as ineffectual as past loans to put an
end to the embarrassments, and consequently people are
afraid to buy until they have some assurance that Congress
will legislate wisely. In International securities there has
not been much doing here, though on the Continental
Bourses they have generally advanced. For many years
British investors have kept aloof from most international
securities, and the recent political scares have added strength
t
m ilcy. S to: h Atawican securities are an exception ;
;

,

. ,, ; ,

>.

la r g e ly .

.

..h
•> siuon of the Bank cf
1
enu.
io,u
utfioouui, me price of consols, &c.,
compared with the last three years

C i r c u l a t i o n . . . . . . . ..................... .

J a n . 17.
&

J a n . 18 .

2 5 ,0 2 7 ,7 6 0

2 5 ,•’ 8 5 ,0 C 0

J a n . 16 .
£
2 5 ,2 0 3.515

2 5 ,7 3 0 .0 0 0

£

8 .6 2 0 ,9 7 3

6 ,0 4 5 ,1 5 4

5 ,3 2 7 ,0 3 4

5 ,1 3 2 ,1 1 3

O t h e r d e p o s i t s .................................

5 2 ,2 1 ,3 5 0

3 5 ,5 3 2 ,4 6 7

8 0 ,4 2 3 ,2 2 8

3 2 ,1 2 3 ,2 7 7

G ov ern m en t s e c u m ie a . . . . . . . . . .

1 4 ,0 3 2 ,5 5 5

1 0 ,0 7 7 ,3 0 0

1 0 ,7 6 '\ 3 17

1 3 ,3 5 5 ,9 8 3

O t h e r s e c u r i t i e s ............................... .

2 7 ,0 2 ',7 1 2

1 7 ,4 4 3 ,4 2 8

3 5 .206,721}

2 5 ,5 6 9 .4 3 4

R e se rv e o f n otes an d c o in .......

3 7 ,0 7 2 ,7 0 3

2 3 ,2 0 2 ,4 5 0

1 7 ,9 0 2 .7 9 5

1 0 ,1 3 0 ,4 7 8

C o in & b u llio n , b o t h d e p a r tm ’ts

4 6 ,0 5 2 .7 0 3

3 4 ,0 0 4 ,9 0 5

2 6 ,5 1 0 ,5 5 5

2 5 ,3 6 5 ,4 7 3

P r o p , r e s e r v e t o lia b ilit ie s .. p . c.

eou

P u b i l e d e p o s ! f c s . .................................

B a n k r a t a .............................. p e r c e n t .
C ic s o ls ,

2^

lO V ^ cl.

Silver........................................

SOKd.

98^3.
104 8-183.
SlSfil.
27 -3 183.
-•
................

C l e a r i n g - H o u s e r e t n r n s . ............... 12S.29H.OOO

1 1 8 ,1 3 1 .0 0 0

97 1 5 -1 8 3 .

HBa.

The rates for money have been as follow s:
In te re s t allow ed
f o r d eposits b y

O p en M a r k e t B a te s .

Bank Bills.
|

Sat.

30%
107G,,
107H,e
102-15
14%
5o78
15%
71%
97%
147%
46%
68%
11%
93%
15%
73
13%
7%
13%
53 is
5^8
9'4
28*0
3%
16%)

if Y. Out, <&'Western...
Norfolk & West’n, preX.
Northern Pacific, pref..
Pennsylvania......... .
Phil. & Head., ner share
Southern By., eom......
do
pref’d............
Omon Pa-rficti,;..........
Wabash, p r e f............ ..

$ 0 m » x e u e m lm x &

T ra d e B ills ,

D isc’ t W e e

1
1
1
ix@m
1u
ix
jm ® i u
ix
'■m w
i
k@s
Jan. 3 2
m 1
m
10 2 13-ie-a n m m m m x i m m
l « 1«@3
1
*' 17 2
i
m m x mmm im n t

- P

e r

C a b le .

Mon.

Tus s.

Thurs■ FVf.

Wed.

30ll,6 S0^3lf
10711,6 10734.6
107% : 071s,.
02*22 ^ €2 -2 2 ^
15 X
15<S
56%
56%
16
16
72%
73%
99
99
148%) 148%
471*
-1718
63ia
68%
12
12%
100
loot*
16%
16%
73
74%
14%
14%
7%
7%
12 %
12 %
54^
54%
6
6%
95g
9%
28%
29%
4
4^4
16%
17%

30%
30%
10715 if 07%
10715,0 10778
02-2 2 % 102- .5
15%
15%
57
59
is%
w k
73 X
78%
99% 100
148% 1481-3
46%
47%
6)
69
12 %
12 M
100% 10!
16%
15%
7%
12 %
54%
9%
£8%
17

10 "
8%
54*2
6%
9%
29%
5%
‘ T7%

30%
107'-%a
>2*171s
16
59%
16%
73%
99%
149
47%
69%
12%
100^3
16%
16%
8%t
16
5413
7%
10
29%
17%

I lX ts c e ila n e a its

FOREIGN IMPORTS AT NEW YORK.

u

«
x
x
x

X
X

X

X

u
H
H
%
U

X

j

F o r W eek ,

1883.

1895.

1894.

$1,288,489
9,056,014

Total----------1 $13,344,533
SinceJan. 1. i
Dry Goods.......■ $12,526,729
Gen’l mep’dise. j 26,947,569

$1,700,973'
5,230,414,

1896.

^2,99 %9 66
7,407,12;

* 3 ,9 11,5 17
7,233,947

$6,931,387 $10,393,087 $ 11,14 5,4 6 4
$5,895,153 $10,953,469 $10,126,576
17 ,58 3 ,175j 20,965,505
21,238,993

Total 3 weeks.. ^ $39,474,298 $23,478,328' $31,918,974

*31,413,569

The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending January 27 and from January 1 to date :

A t 7t o 11
S ix
S tock
Four
Tou r
S ix
Three
M on th s M o n th slM on th s M on th s M onths M on th s B a nks. Call. D a y s .

2

l a r a e u

Imports and B xpobts fo r the W e ek , —The following are
the imports at Mew York for the week ending for dry goods
January 23 and for the week ending for general merchandise
January 24; also totals since the beginning of the first week
in January.

T h ree

Dec. 20 3
27

London.

Hoods.......1
Hen’l mer’dise.'

1 8 8 ,9 3 9 .0 0 0

1 3 3 ,2 3 2 ,0 0 0

4

F i n a n c i a l

Silver, per or,............. d.
Consols, new, 2 % p. ots.
For account......... .
Ft'oh rentes (m Paris) fr.
Atcli, Top. & S. Fe........
Canadian PacMe...........
Chesapeake A Ohio......
Ohio. Milw. & St. Paul..
Illinois Central............
Lake Shore...................
Louisville & Nashville..
Mexioan Central -la......
VIo. Kan. & Tex. com__
Y. Central <&Hudson
A. Y. cake Erie & West.

D vr

iS H

3

2

2

p e r c e n t ................... . .

50

0m

S a q l l s l i

The daily closing quotations for securities. &c,, at London
..re reported by cable as follows for the week ending Jan. 31:

180 3 .

1894.

1805.

1806.

J a n . 15,
£

[Vox,. LX1I.

EXPORTS FROM NEW TOES FOR THE WEEK.

1893.
For the week..
Prev. reported.

1894-

$6,318,225
13,649,393

1895

$6,967,067
15,189,536

1896

$4,931,536
17,405,207

$7,649,948
17,614,809

Total 3 weeks.. $19,967,618 $22,156,603 $22,338,743 $25,264,757

The following table shows the exports and imports of specie
The Bank rate of discount and open market rates at the at the port of New York for the week ending January 25 and
chief Continental cities have been as follow s;
since January 1, 1893, and for the corresponding periods in
1895 and 1894:
J a n . 17.
B a te s o f
In terest a t

Bank
M a te.

O per
M ark*
m

J a n . 10 ,
Bank
H a te.
2

J a n . 3.

O pen

B a n fc

M a rk et

R a te i

D ec. 27.

O p ei 3
M a rk et

Bank
O pen
B a t e . M arket

F a r t . .......................

2

m

2

4

4

141
s

2

B e r l i n ------- . . . .
H a m b u r g ..........

4

2 «

4

4

iX

4

3

4

m

4

F r a n J d -o r t ., , . ,

4

4

3

4

3

4

m
su
su
3X

A m sterd a m

ZX
m

m
m

2X
2X
5

2

m
%X

2

2X

m

vx

■iX

i «

5

m
iX

ew

ex
iX

i~X
6X
iX

SX

SM

m
6X
iX
3X

5

QX
m

B r u s se ls

...

.....

V ie n n a .........

6

B t . P e t e r s b u r g :.

m

M a d r id

iX
sx

... . ....

C o p e n h a g e n ...

8 «

m

m
m
3X

3%

The following shows the imports of cereal produce into the
United Kingdom during the first nineteen weeks of the season,
compared with previous seasons:
IMPORTS.

1895- 08 1894-95.
1893-94.
1892-93.
Imports of wheat.ewt.26,044,280 24,092,686 23.390,176 25,497.633
Harley...............
11,420,670 10,957.634 13,325,625 8,084,803
Oats............................ 5,302.840 5,807,787
5,344,092 5,755,718
T e a s ........................... 1,178,330
3,050,524
1,077,800
999,766
Beans...............
1,545,750 1,786,294
1,766,716 1,688,738
Indian oorn..................15,911,580 8,447,274 10,680,607 11,634,357
Floor........................... 7,478,420 7,398,080
7,449,983 8,540,336

Supplies available for consumption (exclusive of stocks on
September 1):

EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.

Exports.
Week. SinceJan.l.

Imports.
Week. SinceJan. 1 .

Great Britain............
France........................
Germ any..................
West Indies...............
Mexico..... ..................
South America..........
Allother countries..

$2,525,099 $9,650,516

$149,456 $3 ,2 17 ,5 17
11,58 0
1,459,080
182,265
3 11,76 0
362,039
15 ,7 15
17,939
426
137,932
2,595

Total 18 96..........
Total 18 9 5 .........
Total 1894 .........

$2,537,593 $10 ,0 13,136
7,322,000 19,24 1,136
939,296

Sold,

Silver

12,500

29,020
333,600

Exports.
Week. SinceJan,!.

Great B ritain............
Franee........................
Germany....................
West Indies...............
Mexioo........................
South America..........
All other oountries..

$1,034,650 $3,095,204
68,000
168,000

Total 1896..........
Total 18 95..........
Total 1894..........

$1,102,650 $3,292,616
748,454 2,301,642
855,588 3,412,790

13 ,157
15,770
485

$488,937 $5,379,417
119,409
351,236
113.009
271,828

Imports.
Week. SinceJan. 1 .
$70

$70

6 i,15 8
1,275

11,50 0
81,476
38,177
10,502

$62,503
6,122
28,390

$ 14 1,7 2 5
105,500
113,78 2

—The Fort Worth & Denver City Railroad Reorganization
Committee, G. M. Dodge, Chairman, reports that over threequarters of the bonds have been deposited, and informs bond­
holders who have not yet subscribed to the plan that they
must deposit their bonds before Feb, 1 or they will be sub­
ject to the penalties the committee will then impose. Under
Total.................... 39,173,664 39,430,841 40,082,962 43,724,613 the mortgage, bonds not deposited will not be entitled to any
1895-96.
1894-95.
1893-94,
1892-93. interest for five years and will also be deprived of the bonus
Aver, price wheat week.25s. 4d,
20s. 44.
26s. 44.
25s, 10:1. paid on each bond of $375 in preferential dividend stock,
Average prioe,season..2is. 8 d ,
19s. 74.
26s. 104.
27s. 9d.
—The committee of the bondholders of the Omaha Water
The following shows the quantities of wheat, flour and Works, Ernst Thalmann, Chairman, gives notice to the hold­
ers of the fifty American Water Works Co. bonds not de­
maize afloat to the United Kingdom :
posited with the company that the property is to be sold on
Thisweek. Last week.
1895.
1894.
Wheat.................qrs. 1,968,000
2,030,000 2,782,000 2,537,000 Feb. 19, and that the Farmers’ Loan & Trust Co. will receive
Flour, equal to qrs.
485.000
391,000
305,000
315,000 deposits of such bonds until Fe b. 10 upon payment of 3 per
Maine................. qrs.
605.000
682,000
507,000
342,000 cent penalties,
1896- 96.
Wheat Imported.owt.2R,041.260
Imports ol flour...... 7.478,420
Bales of home-grown. 5,650,984

1894-95.
1893-94.
24,092,686 23,390,176
7,398,“80 7,4»9,963
7,940,075 9,213,823

1892-93.
25,497,633
8 340 336
9,888 641

THE CHKONICLE.

F k b r c a r y 1, 1896.]

219

— Messrs. Tobey & Kiik, 8 Bread Street, wish to buy the
bonds of a number of street railroad companies and the stocks
of various trust and other companies, and have for sale stocks
of the Guaranty, the Washington and the Atlanlic trust and
of other companies. Their weekly list of offerings will be
found in our advertising columns,
—The attention of investors is directed to the list of securi­
O
at*.
Barley,
Wheat,
Com.
ties advertised in to-day’s C hronicle by Messrs. Redmond,
BusA.5615» Bxuh.32lb.y BushAS Ih Bu.m it
Kerr & Go,, 41 Wall Street. These securities are described
3 2 6 .2 0 2
2 ,4 5 4 ,8 8 3 ;
1 .9 6 9 ,3 0 0
2 2 ,9 5 0
at length in the monthly circular published by this firm,
2 8 6 ,7 6 0
121.000
23.1001
2 4 .0 0 0
which may be had from them on application.
2
,2
0
9
1 5 ,5 3 0 1
3 7 .6 2 7
1,*10
—The Farmers’ Loan & Trust Company advertise in
.....
5 6 /2 0
200 another column the list of coupons and dividends payable at
1 .7 0 0
258/00
their offices on and after to-day.
2 0 ,3 0 9 j
1 9 ,0 3 7
7 3 .9 6 1
*27.168
1 7 .7 6 6
—Attention is called to the offering of $400,000 city of Bos­
3 4 ,5 7 7
369/20} 195/00
8 ,5 1 8
ton four per cent bends by Messrs, E. H. Rollins & Sons,
8,400 Boston.
401*1.00{
5 0 ,4 0 0
.597,306

Breadtuuir* Figures B rou^ m Froui Pasje 2 1 3 .—file
statements below are prepared by ua from the figures of the
New York Produce Exchange, We first give the receipts td
Western lake and river ports, arranged so as to present tl t
comparative movement for the week ending Jan. 35, 1396,
and since August 1. for each o f the last three years:

Receipt* at— PUnii
Chicago......
Milwaukee..
Boilftil ......
Minneapolis.
Toledo..... .
Detroit......
Cleveland...
St. Louis.....
Peoria...
Kansas City *

Tot.wkJW.
Sum® wk,!m.

1 52,6551

3 /6 7 ,0 8 6 1

2 ,7 7 7 ,5 0 4

7 1 9 .0 3 6

6 1 ,3 3 7

1 0 3 .S 1 3 ]

1 ,9 0 8 /5 6

X ,£ 7 8 ,1 6 3

4 7 3 ,8 7 8

4 8 ,7 8 2

City R ailroad Securities—Brokers’ Quotations.

75.0*19
2 .7 8 3 /6 1
1 ,1 3 4 .4 1 0
5 6 1 ,4 8 8
1 1 1 ,6 2 :
Same wk»*SML
Sine* A 'ty. 1.
$1 3 9 ,8 3 0 ,6 9 5 6 4 ,7 5 3 ,OCh); 7 7 ,1 4 9 ,3 7 8 ; 2 5 / 0 3 , 0 3 4 12 ,3 6 3 ,6 7 0
i%m~m....
» 1 O 7 /4 3 ,0 W | 4 4 6 2 6 ,1 3 3 ^
2 5 ,3 2 3 .1 4 3 1 1 ,4 7 6 ,6 9 4
wo-i-m ....
r 'l l 0 , : l » 3 . 1 f 0 ' m *2 m . 19*1 6 6 ,4 6 0 .1 ::'O' 2L ,03a,32fM 2 .2 5 0 .2 S 9
1893-91 ....
the receipts of flour aafl #raia at me seaboard ports for u e
week ended Jan, 25* 1896, follow;
.Barley.
Gate,
Fl&ur,
Whmt,
Corn,
Rv ,
bmh.
bust..
bush,
HteeipU at—
SM».
bus*.
bush.
478/. 0 25.850
New T o : r k « . 182,8?ft
2,775 .246,-17.
4
ft
V
im
.
.
.
12,210
8
>
.
;
s
3
7
?
J
B o s t o n ,,. . . . . . . . . . .
11,1,'28
M il
5 .2 1 0
I.M o n tr e a l. . . . . . . . .
# 7 ,1 3 6
3 8 ,7 1 5
M piM i
4dL.
................ . . .
’Kiis
B a lt im o r e * ... . . . . . .

Bid.
Allan, Ave., B'klva—
Columbus <fc 9tli Ave, 5s.
112
Con. 5s, g„« 1981-.A«ftO 3107
D. D. E, B. & Bat’y-Stk. 162 166
Impt. 5b, g„ 1934..J&J
85 j 1st, gold, 5s, 1832.3&D 113 114
30 ! Scrip ..........
Bieek. St. & Ful.F.—Stk. 2i
$100 103
I ll
1st. mort., 7a, 1900.J&J
Elghtfi Avenue—Stock...
340
B’ way&7ih At©.—StooIt«
190 J Scrip, 6s, x914............ 103
IstmoTt.,025,1904.J&I) f 10544
42d tfe G t . St. F o r.—S to ck 310 325“
2J mort., 5a, 1914.J*J 4109 nl'* 420 St.ife Mau.<feSt,N.Ay. 55 65
B*way la t, 5a, guar. 1924 ni2 115
1st mort. t>8,1910.M&S $115 117s®
20 5«,lnt.iis rent’!. 1905 {102 105
2*1mort,iueom© 6a.J<feJ 69
Consol. 5s, 1943...JAD 113 1114 , Long Island Traction__ 21 21Ja
8rooktjm City—Stoek,„. 169 112 ; Lex, Ave, cCPar. Ferry 5s. 111k 112
110HU13 « Metropolitan Traction.. 10434 105
Consol. 5a,
BfcJyn. Orosat’Q5a. 1908 105 ...-.-I
155
toe
m lm
' k '
. f L . . . . . . . . '.V
Bkrti.Q’nSCO.vfeSub. 1st 98 -100's Second Avenue—Stock.. 155 leo’"
7 ,7 m
452J
N o w O r le a n s .. . . . «
Bklyo. C,Ajp wi‘wa~-Stk i 150 i190 1 lstniorfc.,58,1909.M&L 5107 109
5110.H ni*fl| Debenture os,1909.J&J 103
- 1939.
4J68&
... m u M A
\n*m
T o t a l w eek-.
Avenue—stock.... 195 20T"
8'aI 9
M&MB
4 * 2 ,5 2 !
3*1$,;
W m k 1.! b a „ „ „ , .
50 j 53 Third Avenue—Stock’... 174 176
P r e f e i .....................
C e n tra l O rosa to w a —S t k .
1st mort,, 5s, 1937.J&J 118
The total receipts at porta aamed m last table from Jan,
ln t
1 9 2 2 . . . M d s N *“ §
Twenty-Third St.—Si-’k- 300
to Jan. 25 compare as follows for four years
Cen.Pk. N.&E.Rhr.-Stfc. 160 165 1 Deb. 5s, 1903.......... 100 105
C o a a o L 7 % 1 9 0 * 2 ,,.J A D
UKMft
114 110 . Union By—Stock........ 102 104
F I,
...Jbbls. 1*192,3
155 1 1st 5s, 1942............... $1013* U 4
C h r i a t 'p ’ r v fe iO th S t — S t k , , 150
i Westcheat’r, lst,gu.,58. $100 lui^a
1 s t m o r t . , 1 8 0 8 . . . A & O ! 105
...bush.
Wheat,,.
•§And accrued interest,
f c
x Ex-dlvideruL
Barter*
Q m Securities—Brokers’ Quotatioas,
Hjf'....,

Total grain .
The exports from the several seaboard ports for th<
ending Jan. 25, 1898, are shown in the annexed statement*
Whmt,
ifUmr,
(.MU*
Pern.
bush
bmh.
bmh.
bmhl
Bjr&yrtMfr&nv—
mmh,
MMtc.
w bjtii m j m
9JSKS4
Now york.........
11,2
M
B-rtou
...........
.45.011
1,401
Pldladclphta .......
tmjmy
in
BalUm.-ro^ .......
ttNMUi m m
Sew Orient.
1,107.1:1-8
8tf
;
Sewr^rt Sew*,__ • •••••■• n%m4 Msi^doi
........
Montreal...... .

W,

8am *tune 130$..*.. i&a.mi

619,067

173,693

7.>09

........

11.1:5

The destination of these exports for the week and since
Sept. 1, 1895, is aa
low. We add the totals for the corres­
ponding periods of last year for comparison:

Mxspori*far Wuk $ini,c*1.Sik
-pt* W*tk Sine*Srpt. W*4k i
0A
sim* Jan
., 1n.
/t t. 27. 1.1805. Jau
, 25.
b&
#;
hath
MM,
bush
ath
.
$
*H
,
l
its
—
1 f&
‘2.,If* J1bife
ftf MW 1.7 it.'Ua
Cultitfl Kingdom
IL«XO
itf.flil
120,7-8 b,UH»t}5 *73.204
0o?iUti€Ttt .. — .
S. * A s is rln .
1.20
fkW
si iwtn
a a, 0
VVmt I n&\m,,, 2a',“frt
§®UI3N
Brit N, A. Ce *s,
3 <49s>
I«8;L 0
(lUwrcoaatrlfH, , 3,104
WtjiW I,SCO
a7IV7 Oils, 36.161/13
Total........ ... T mi.mh
1.37ft, 149
um
uM

| «5*

Total 1301.05..,.

§-,745.113

§19.057

6 , 170,364

*}&

A»k|

GAB COMPANIES,
People's (Brooklyn)......
Peoples' (Jersey City)...,
80 [ Metropolitan (Brooklyn)
__ j Wllltamisburg......... ......
__ I 1st Be... . . . . . ...... A......
Fulton Municipal. ...__
i'00 1 Bonds, 6a.............
Euultable.................
Bonds, 6a, 1899.........
St. Paul.....................
101 1 Bond*, 5s.....................
70 |Standard pref....«,......
37
Common,...—.............
80 kf Ye*tern Gaa...... .......
Bonds, 6s...—............
>Ex rpcfits.

GAS GOMPANIES. ! Bid.
Brooklyn Gaa-Light...... |150
OenftraJ,................ ... [160
Oonsumers’ (Jersey City) 1
t 75
Bonds.................... ;i02
Qilimnn' (Brooklyn)---- 100
Jersey City <& Hoboken.. 180
Metropolitan—-Bonds. „ 1100
230
Mutual(N. Y. ............
Nassau (Brooklyn)....
SOO
Scrip*....*... . .......... !ioo
W . f , A E m % B i v . U t 5 9 .. |
j 99
P r e fe r r e d .. . . . . . . . .
! 65
Common...__ ....
| 35
Consol, 5s......__
i 81*2
J Amlsocraort interost.

M3l*raak®« — .......

Do
a f l o a t ...........
O a la tb . . . . . . . . . . . . . . .
Do
a flo a t. . . . . .
T o l o f l o ............. ............. ..
Do
a f l o a t ...........
D e t r o i t ..................... .
Oo
a flo a t .......

D#w«go..

ff K.OOO
!5S,00i)
W,0W
i^ft.oob
[70.000
111.000
512,000

1524.000
9,000
&4.OO0
4LOCO

S t . £ o n \ § ...........................
Do
a flo a t .......
C i n c i n n a t i ..........
B o * t o o . . . . . . . . . . . . . . . . I .2 7 3 ,0 0 0
T o r o n t o . ............................
M o n t r e a l.

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

Philadelphia.......... 497/00
P ea rt*.
Indianapolis..........
90,000
KanaaaCity........... 1/34,000
161,000
B a ltim o r e .
Mianeajjolt*,........... 19,900,000
Dn Mkmimlppt Mirer,
On canal and riv e r.’ .’

Total Ian 21,1896,07,523,000

Total jtuu is,
Total Jan. 36,1895.84,0 0 7,0 0 0

Total Jan..27.1804,^>.'M5.O00
Total Jan, m, 1393.81.1*4,000

135.000
108,000
3,5&%000
i.618.W00
1,000
53.000
if 1,000
mm®

210.000
Sij.OOO
22;f,G00
m um
227,000
120.000
714,000
147,000
15,000

m,m6

393,000
5 .0 0 0

m ow

7 .0 0 0

m jm

5 1 2 .0 0 0

101.000

5 .0 0 0
1 ,5 0 1 ,0 0 0
1 5 7 ,0 0 0

m iM o

31.000
12,090
09.000
181,000
1.43.000
185.000
52,000

110.000
534,000

8,000
12.000
10,430,090 ©.253,009
12,6-14,000

14.406,000
13/35,000

7.083.000
1.157.000
5.708.000

1,3569,000

251.000
mooo
iis/oo

ifWooo

Shart*.

8,000

s

1 4 9 ,0 0 0

105 107
70
87
S8>a
107 no
71%
63 W
§ 87
8S)H

Shares.

10 Real Estate Exchange St
Auction Room,Tim’d.. SO
50 .Vat- Hank of Commerce.200

300 Keel}* Motor Oo. of S ew
England................ 2fe p. sh,
T: u.itre'aeertiftc’te fo rf 1,0( 0
2 5 L e a t h e r M T r V N a t . I lk 1 7 3 ^
interest iu N. Y. Keely
5 Jourueay & BurtiU. com -1213
Motor C o................. $15
90 Nat. Pars Bank.............. 275
By Messrs. Adrian H, Muller & Son:
Shares.

12 Atlantio Trust Co., V. Y.170
10 Franklin Nat, Bank...... 70
2 Suite Trust Co,............. ,190
10 Title Guar. & Trust Co..260
25 I’ hetiixlus.Co.ofB'klyn.lSi)1#
15 Fifth Nat. Bank, N. Y...255

304,000
21.000
3 7 ,0 0 0

g a u k ittg

126.000

Td,oo6

100
200
105
200 205

57.000 100 Mechanics' & Traders'
Bank of V. Y.............. 140
Ronds.
50 Nat. Bank of Commerce,20O'2 $15,000 Cent, of Ga. Ry. 1st
25 Amerleau Surety Co......221
5a, F, & A__ ____lOijSgandinfc.

456.000

*11/00
asjooo

170 a i r
230
300

iurtion Sales,—Among other securities the following, t o
reguiarlj- dealt in at the Board, were recently sold at auction*
By Messrs. R. V, Harnett & Oo.:

The visible rfhpply of grain, comprising the stocks in granary
at tht- principal points of accumulation at take and seaboard
Share*.
ports, Jan, 23, 1886, was os follows:
10 Kings Co. Bonk............ I l l
Vhtal,
Corn,
Oats,
206 The French Mirror Plate
S
a
rU
y
la tssrrt at ~
bush.
bush.
lm*h.
&
Co. of N. Y.................. 50R
S a w Y o r k .........................
133,000
7flfit.000 IM0MO
itTjm
24,000
Academy of Musio
Do
a f l o a t .............
03,000
r .000
228,000 20 B"k'ljrn
(with ticket?!................ 170

A l b a n y ............. .
B u f f a l o .............................
Oo
a flo a t ......
C h i c a g o .............................
DO
a flo a t. . . . . .

Bid.

100

and

3^ i i m u c i u l .

6,000

S p e n ce r

140,000

10.000

1 3 4 ,0 0 0
3 9 .0 0 0
i t , 000

T r a s k
&
BANKERS,

C o .,

2T A 4 9 P I N E S T R E E T ,
65 State Street, Albany.

I N V E S T M E N T

S

D.

am uel

att,o»o

N E W Y O R K ,'

S E C U R IT IE S .

D

&

avis

C o ..

BAN K ER S,
NO . 4 0 W A L L S T ., N E W Y O R K .

519.0

far

6 7 9 .0 0 0
0 3 7 .0 0 0

S,J36,000
8,126,000

S a m u e l

2 .0 7 1 .0 0
2 ,-8 7 ,0 0 0

GaOBOa

2.111.000

D .

D a v is .

babclav

M

--Mr, F. J, Lis man, 10 Wall Street, announces in another
column that he is prepared to trade, in all the underlying liens
of the Philadelphia « Reading system, a number o f which 3 0 P I N E
he specifies.

o

C h a s .

Moffat.
f

f

B ,

V a n

N o st r a n d ,

Albxanuku M. Writs, is?

a

&

t

W

h

i t

e

,

BANKERS
S T R E E T ,

-

-

INVESTMENT SECURITJ

N E W

Y O R K

THE CHRONICLE

220

The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day : Savannah buying
1-16 discount, selling par ; Charleston, buying par, selling %
premium; New Orleans, bank, $1 50 premium; commercial
50c. per $1,000 discount; Chicago, 40c. per $1,000 premium;
St. Louis, 50@75c. per $1,000 premium.

3P&e g a n g e r s 7 ( S h ^ c t t c .
DIVIDENDS.
Name of Company.

Per
: Cent.

ItnllroadM.
Conn. <fc Puss. River pref........... ]
Kan. C.8t. L. A Chic pf.gu.(quar.)
La. A Mo. Kiver pref. guar........
Mussawlppi guar................... .
North Carolina.............................
Rome Wat. A t gd. guar. (quar.)..
Sand. Mansfield & Newark........

H anks.

Lank of the Manhattan Co........
Lincoln National (quar).............
N. Y. National Exchange.........
Twenty-third Ward.....................
ITll»te] lane ou*.
Am. Soda Fountain com. (quar.)
1st pref. (quar.)........................
2d pief. (quar.)...........................'
Bt. Paul Gas Light.........................1
Rochester Gas A Elec, pref........
Sunday Creek oal,Columbus,0.,j
pref. (animal)............................I

2%
1%
3%
2ia
3%
1%
3

When

P aya ble .

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Feb.
4
2% Feb.
Feb.
3
2i* [Feb.

Books closed.

(D a ys in clusive,)

United States Bonds.—Government bonds have been ac­
tive. Sales at the Board include $60,000 4s, reg., 1925, at
114%; $83,500 4s, reg.. 1907, at 108:3108%; $1,000 4s, coup.,
1907. at 109% ; $5,000 5s, reg., at $112 ; $25,000 5s, coup., at
to
113%, and $152,000 4s, coup., at 115%@113%. Quotations are
10 Jan. 21 to Feb. 9 as follows :
1 ------

to

—

1 Jan. 10 to Feb.

1

10 Jan. 23 to Feb. 9
1 ---------- to ---------1 Jan. 29 to Jan. 31

Interest Jan.
Periods 25.

2 s ,.................. .res.

46,1007, ......reg.
48,1907......... coup.
4 ----------t o ------------ 4s, 1925.............res.
4s, 1925..........coup.
12 Feb. 1 to Feb. 20 5s, 1904............. reg.
1 Jan. 22 to Feb. 2 5s, 1904.......... coup.
6s, our’cy,’96...reg.
151
----------t o ------------ 6s, cur’c.y,’97. .reg.
!Feb.
3
68, our’ey,’98...reg.
6s, our’oy,’ 99...reg.
W A LL STREET. FRIDAY, JAN. 31_ 1 8 9 6 .-5 P. itt.
4s, (dher.)1896.reg.
The Money Market and Financial Situation.—The ad­ 4s, 'Cher.)1897.reg.
(Clier.)1898.reg.
vance in prices, which is the principal feature of the week 44s,
s, (Clier.)1899.reg.
2%1
m . Feb
2 }
lia Feb.
Feb.
3

in Wall Street, is based on improved conditions, which in
some cases are likely to be permanent. The meeting on
Thursday of the anthracite coal presidents resulted in an
agreement as to the percentage of coal to be handled by
each company for the remainder of the year. This agree­
ment is of great importance, affecting as it does all the an­
thracite producing properties, and is a step towards placing
them on a better paying basis.
The complicated affairs of the Northern Pacific Company
are simplified by the decision o f the Judges of the United
States Supreme Court assigned to the circuits through
which the road runs. This decision removes what has
been the chief obstacle to the reorganization of the company.
The attitude of English investors towards American secur­
ities has further improved during the week and foreign buy­
ing has been a feature of the trading in Wall Street.
Other features of the situation are an easier foreign ex­
change market and reduced gold exports, the generally fa­
vorable reports of railway earnings, and a money market
more nearly in a normal condition than it has been since the
December panic.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 3 to 6 per
cent. To-day’s rates on call were 4 to 6 per cent. Prime
commercial paper is quoted at 6 per cent.
The Bank of England weekly statement on Thursday
showed an increase in bullion o f £617,898, and the per­
centage of reserve to liabilities was 63-15, against 62-52 last
week; the discount rate remains unchanged at 2 per cent.
The Bank of France shows a decrease o f 2,275,000 francs in
gold and an increase of 1,575,000 francs in silver.
The New York City Clearing-House banks in their statement
of Jan. 25 showed an increase in the reserve held of $4,667,200
and a surplus over the required reserve of $37,678,500, against
$82,345,559 the previous week.

Capital...............
Surplus..............
Loans & dlsc’nls.
Circulation........
Net deposits.......
81 ecle.................
I>Bgal tenders....
Reserve held......
Legal reserve__

[VOL. LXH.

Jan.
27.

Jan.
28.

Q.-Moh. * 96
Q.-Jan. '103

Jan.
29.

* 96 * 96 * 96
*108
108% 108
Q.-Jan. '1031* *108^ 109 >a *109
Q.-Feb. 1141s 11412 *11414 *11418
Q.-Feb. 115
115% 11514 115%
112 *111 ‘ 111
Q .- Feb. *111
Q.-Feb. *112ia 113% *1121* *11212
J. & J. *100 *100 "100 *100
J. & J. *102 *102 *102 *102
J. A J. *104 *104 *104 *104
J. & j. *107 * L07 *107 *107
March. *100 *100 *100 *100
March. *100 *100 *100 *100
March. *100 *100 *100 *100
March. *100 *100 *100 *100

Jan.
30.
* 96
108
*108is
*113
115*2
*111
113%
*100
*102
*104
*107
*100
*100
*100
*100

Jan.
31.
*x951fl

*10712

*108%
*11312

*115
*111
113%
*100
*102
*104
*107
*100
*100
*100
100

* This is the prioe bid at the morning board, no sale was made.

United States Sub-Treasury. —1
The following table shows
receipts and payments at the Sub-Treasury.
Date.
Jan.
“
“
“
“
“

25
27
28
29
30
31

Receipts.
$
2,630,736
3,187.0 :>2
2,449,990
2,639,142
7,534,505
2,646,243

Payments.
S
2,587,728
3,246,648
2,990,859
2,598,078
7,237.315
2,938,096

Coin.
$
94,141,654
95,223,841
95,332,211
95,362,350
95,407,385
94,862,971

.Balance,.
Coin Cert’s. Ourrtt ey.
$
1,*529,131
1,913,323
1,957,403
2,168,528
2,370,862
2,553,922

$
88,181,267
86,955,292
86,261,973
86,061,773
86,111,591
86,181,095

Total 21,087.668 21,598,724

Coins.—Following
coins:

are current quotations in

Sovereigns..........$4 87 ®$4 92
Napoleons.......... 3 85 @ 3 92
X X Beichinarks. 4 70 ® 4 80
25 Pesetas.......... 4 76 ® 4 86
Span. Doubloons. 15 55 ®15 75
Mex. Doubloons. 15 50 ®15 75
Fine gold bars... par@%prem.

gold for

Fine silver bars... — 67%® — 69
Five francs...........— 90 ® — 95
Mexican dollars.. — 53 ® — 55
Do unoom’cial..----- - ® — —
Peruvian sols...... — 46 ® — 50
English silver.... 4 80 ® 4 no
U. 8. trade dollars—- 55 ® — 75

State and R ailroad Bonds.—Sales of State bonds at the
Board include $13,000 Tenn. settlement 3s at 86 to 88; $18,000
Virginia 6s defd. trust rects., stamped, at 6; $1,000 Virginia
fund, debt 2-3s of 1991 at 61 and $1,000 Alabama Class A at
108%.
The railway bond market has been more active and the firm
tone noted last week has developed into higher prices. Read­
ing issues have been by far the most prominent features and
have advanced from 2 to nearly 7 points as a result o f the
favorable action taken by the coal presidents at their meet­
ing on Thursday and progress with the reorganization.
Northern Pacific bonds were favorably affected by the de­
cision of the United States Supreme Court Judges, which es­
tablishes the jurisdiction of the Circuit Court which first ap­
pointed receivers for the company.
Considerable activity is noted also in the Atchisons, Chi­
cago & No. Pacific, Ft. W . & Denver City, Mo. Kan. & Tex.
1896.
Ore. Short Line, O. S. L. & Utah Northern, St. Louis South­
Differen’tfrom
1895.
1894
Jan. y5.
Prev. week.
Jan. 26.
Jan. 27.
west., Southern Ry., Texas & Pacific, Mex. Nat., Lex. Ave. &
Pav. Ferry, Union Pac., West Shore and Wabash bonds, and
$
$
$
$
61,122,700
61,622,700 59,922,700 many of these issues have advanced from 1 to 2 per cent.
73,017.100

417,859,900 Deo.6,098,300
13,810,500 Deo. 112,900
489,740,800 Dec.2,663,000
76,160,900 lno.2,550,100
83,952,800 Inc.2,116,800
160,113,700 Inc .4,667,200
122,435,200 Dec. 665,750

72,028,200
490,158,1 00
11,320,900
559.512.600
81,175,600
104,583,000
185.758.600
139,878,150

73.015.200
418.771.600
12.677.200
547,694,400
126,895,800
119.070.600
245.966.600
136.923.600

SnrplnB reserve 37,678,500 Tno.5,332,950 45,880,450 103,043,000

Foreign Exchange.—Foreign exchange has been dull and
easy through the week with a limited demand and a fair
supply of commercial bills. On Thursday there was more
mquiry from remitters, which gave a firmer tone to the mar­
ket.
To-day’s actual rates o f exchange were as follows: Bankers’
c k b L 4y8S8%@4 si.’ 4 8 ? ^ @4 8 %

demand’ 4 88%@4 88M;

Posted rates of leading bankers are as follows:
January 31.

Sixty Days.
Demand.
Prime bankers’ sterling bills on London.. 4 88 ®4 88% 1 89%®4 90
Prime commercial.............
4 87 ®4 87%
Documentary commercial .. . .
4 80%»4 86%
Paris bankers’ (francs).............
5 18%®5 171le 5 16%® 159,6
Amsterdam (guilders) bankers..............
40 a 401 ■«
403le®40%
Frsnkfort.or RrernotUreiehmarlts) b’kai-s’ 951,„<»95%
95%®959,«

R ailroad and Miscellaneous Stocks.—In the stock market
progress has been made this week towards higher prices. In
some cases this movement is due to special causes, but it may
be attributed generally to the better financial conditions
now prevailing. The coal stocks have been the feature of
the railroad list and advanced from 3 to 7% points on the pros­
pect of an early settlement of the anthracite difficulties.
Northern Pacific preferred stock has moved up about 3%
points on the improved conditions for reorganization. The
grangers have advanced an average of about two points.
Stocks with an international market and dividend-paying
shares which are little dealt in have generally made substan­
tial gains. Manhattan Elevated has been strong on buying
said to be for parties representing inside interests, and in this
connection it is suggested that no new competition is likely
to develop soon.
The industrial list has been relatively less conspicuous than
the railroad list, and its features are in most cases less pro­
nounced. The fluctuations of American Sugar have been be­
tween 104 and 108%. Pacific Mail has advanced over 2 points
on reports of the satisfactory financial condition of the com­
pany. Consolidated Gas advanced from 145 bid at the close
last week to 157% on Wedneday, and closes at 154. Tenn.
C. I. & RR. and American Tobacco are about 1 point higher,
while Chicago Gas has declined. 2

THE CHRONICLE

F e b r u a r y 1 , 1898.]

221

NEW VOUK STOCK EXCHANGE— A C T I V E S IO C K S f o r week en d in g -J A N U A R Y 3 1 , an d sin ce J A N . 1, 1 § 9 6 .
HIGHEST AND LOWEST PRICES.
Monday,
Saturday,
Jan. 25. j Jan. 27.

Tuesday, Wednesday,
Jan. 2S. ; Jan. 29. ;

Friday,
Jan. 31.

STOCKS.

Sales ol
the

Range for year 1896.

Week,

Lowest.
Shares.
,
A ctiv e It U. S tocks.
15V 15
15
15%
14% 15
15% 15
At.Top. & S.Fe, allmstal. pttit 27,061 12% Jan.
23
23
24
23% *23%
23
23
23
Do. pref., when Issued., 3,006 19% Jan.
%
"%
*%
%
100
*%
%
*x2
%
% Atlantic & Pacific
% Jan.
3
3
431*2 44
44V
43
10% 4 1 %, Baltimore A Ohio.
43
43
2,915 36% Jan.
43V 43% *43
*54% 50
56
*54
56
56 % 56% 56%
520 5 2 Jan.
49
49%
49
49
1,965 45% Jan.
48% 48% 48% 49
*101% 101% 103 LO
I
104'1 0 8 ' 307 ’ 108% W tr a lo f .Ne w .rVrVcv
100% 101=3
16,382 94% Jan.
15
*15
16 -15
16
-15% 16
15% 16% Central Pacific............
•14% 15% 15
155 14% Jan.
15% 16*4| 16% 16% Chesapeake A Ohio
15% 15% 15% 15% 15% 15% 15% 16
7,751 18 Jan,
•154 160 150 150 *153 160 153 160 1*154 160 I 158 158 Chicago & Alton__
39
~~ 78% 77% 78%! 77% 78% Chicago Burlington & Quincy 44,415 71% Jan.
75% 76% 76% 767,■3 76% 77%' 77
*43
45 1 *43
•43 46
*"
*43
47
............
- Chicago & Eastern Illinois...
46
•42% -14
*43
47
42% Jan.
*96 100
'96 100
99% 99% *95 100
‘ 90 100
*96. 100
50 98 Jan.
Do
pref.
69% 70% 70"- 71 Si 71% 72% 71% 72%' 71% 72% 71% 72% Chicago Mil wauiee & St. Paul 132,966 63% Jan.
126% 126% 126% 126% 127 127
127 127
127 127
127127% Do
pref. 2,292 125 Jan.
100%: 99% 100% Chieago & northwestern...... 10,281 94V Jan.
09% 99% 99% 99% 99% 99%99% 100=8 100
145 110 *144% 146 7144% 146
83 142 Jan.
146 146144% 144% *144% 146
Do
pref.
G«% 67% 67% 68% 67% 63% 68 65% 07% 69
67% 69% Chicago Ro ek Island &Pacific 46,817 62 Jan.
900 31% Jan.
36=8 37
36-1 37%' 36%. 36% Chicago St. Paul Minn, A Om.
36% 36% 36% 36% *36% 37
'120 123 •120 123 *120 123
‘ 120 12 1 *120 123
117% 129*®
Do
prof.
117 Jan.
35%
36%
35%
35%
35% Cinein.38%;
36% 31 Jan,
35% 35%. 35% 36%:
3,286
Clere.
Chic. & St.35%
L...
330 90 Jan,
‘ 85
95 1
*33
95 '
*88
92
90 Do
90 :
*85
90
*85
95
pref.
18% 18%! ‘ 13 19 Coluiubus Hocking Val. &Tol 2,375 15 Jan.
18% 18% 18% 18%l 18% 18% 17% 13
65
*60
65 i *61
65
*61
65
*38
*60 65 i *60
65
Do
pref.!
126% 127% 126% 127% 127 128%! 128 128% 128% 129% 129 m % UDelaware
& Hudson..............
® — .<»®«.
uuwuu..............., 6,765 119 V Jan*
160% 160% 162 162
162% 161
162% 163% 164% 164% DeiawareLaekawarmu&West 2,390 1557a Jan.
40 12% Jan.
"12 % 13% *1 2 % 13% 1 2 % 1 2 % 13
13% *13
13% Denver dt Rio Grande...........
44% 44% 45
3,510 40 Jan.
45% 45 45% 45
45
45
45% 45% 45%
Do
pref.
*25% 30
650 25 Jan.
25% 30 *20% 30
30 30
31
31% *30 35 'Evansville & Terre Haute....
*110 11-1 *110 114 110 111 110 11! *110 115 *110 114 Great Northern, pref..............
462 89% Jan.
98 Illinois Central......................
93% 95%: 96% 96% ‘ 96% 98% ‘ 06% 9-% *97% 98% 9s
1,130 7% Jan.
8% S% 8%
8% 8%
-s% 8%
8%
8% Iowa Central.........................
8 ■ 8%; « ‘i
30
30 1 30% 30% 30% 30% *30% 32
505 25 Jan.
*31
33
30% 31%
Do
pref,
1,908 18 .Tan.
•a>% 2<:>% 20% 2 1 % 2 1 % 2L'J 21% 21% 2 1 % 2 1 % 21% 22 Lake Erie & Western............
72
72 i 72% 73 72% 78
1.845 64=8 Jan.
72% 72% 73% 74
'71% 74%
Do
pref.
144% 145
2,274 134% Jan.
loh. Southern
82
82 J 81%
200 82 Jan.
81% 82
66
*61% 63
'61% 65
'81% 85 Long Island.........................
7,856 16 Jan.
20% 20% 21
20% 21%
21 V 21% 20%20%:Long Island True.,all)ns. t>d
19% 19% 20%
45% 46 , 45% 46% 45% 46V 45% 46% to - 47%
46%. Louisville
A Nashville.........
39% Jan.
l** . 45%
i
..............'2
9% 9% 9>4
*3
% 0%
-y% 9%
914 "
*9% 9% *9%
".Hi
9% *9%
0% 9%
9% 9%-Loalsv.
New Albany & Clilo..
500 7% Jan.
10
19% 19% 20% *20
21
20% 20% 20
20% 20% 20%
Do
pref.. 1,825 16% Jan.
103% 103%: 102% 101 102% 104% 104% 103%' 104% 106%' 105 107 Manhattan Elevated,consol,. 28,567 96% Jan.
*103 105
101 104% *102 105
104 105 10 i % 101% 105 105 Metropolitan Traction.........
1,045 92 Jan.
*94
06 ! ................. 93% 04
544 94% Jen.
95% 95% 96
96 ms. s;ivj .' viiti-.,:.....................;
*18% 10%' 19% 19% •19
20
400 17 Jan.
20 20
*19% 20
*19
20 Minneapolis Ss St. Louis........
74
73
73
•73
75
73
590 72 Jan.
77
*75 79
77% 77%;
Do
1st pref.*42% 44
*43% 45
45
45
350 40 Jan.
•43
45
—
•• 46 [
Do
2d pref.
12 1 1.2
*11
12
*11 % 12
10% Jan.
12
12 ' 12*4 12% 12%
25%! 25V 20% 26
Do
26%, 26
26% 26% 26V 26%
pref.; 5,980 22 Jan,
35%
25 V!
22% Jan.
26
23% 26 ; 23% 25 V 25% 25% 25%
24 l -23
24 | 23
600 21 Jan.
23
23% 28 V! *23
23%
24
*65
as 1 *65
85
•85 -85 i '68
85 { *65
95 , *65
85 Sashv.Ohattanooea&St.Loais
07%
88% 96% 97% 97%: 98
99
07% 96
97% 97% New York Central & Hudson. 2,410 93% Jan.
*13% IS
5 11 Jan.
13% 15 14% 11% *13% IS
13% 1 1 % *13
14% New York Chicago A St. Louis
80
*75
80 ! |79%
*73 80
80 '70
79% 70% *0SO 80
75 ,
Do
1stpref. 369 71% Jan.
7U% 79%
79% *73
29
*27
“29 29%
28% 29% *29
Do
2dpref. 600 26 Jar.
29 %i 2029 29
29 2829 29
29 *28% 29 ;
15% 15%; 15% 1«
1(1
10
i«%: 16
16
16% 16 % 10% N. Y. L. E. & i n , all ins’ t pd.. 3,840 13% Jan.
100 23 Jan.
*25
jd.
23%) *25%
*25% 26%
.............. ............................. .
*’ •
U . t ALT ’. , t l l l U r i . IMA
pd; ...................................
182 182 183 183 i i r 183 i-182
-..........,
1*3% 183% 1*4 New York New Haven A Hart]
281 175 Jan.
i s o " ,167
182“ 183%
14
14% 14% 14% 14% i5
13 u 15% 1.7% 15% 15% 15% New York Ontario A Western,! 11,890 12%Jau.
10% 10% 10%
»% ash1 10
1 1 % 1 1 % U V Sew York Susq. A Weak, new.! 4,689 8% Jan.
20% 27 ' 27V 28% 29% 20%
30% 30% 31 j
Do
pref. 15,593 21% Jan.
*1% 2 i *i% 2
930'* 2 Jan.
2
*'“
2% 2 %]Norfolk & Western............
2
2%: 2 % 2L
9% H% *7% 8 i
130 6% Jan.
*7% .
0
9
9
Do
pref,
3% 3%
3% 3%:
3% ’ 3%'
5
4% 4;%:Northern Pacific.................... 7,503 2% Jan.
3% 1 %:
*12
13 ! M2
13 ; 12% 13 i 13
15% 16%:
Do
__
pref. 10,795 10% Jan.
1 1 %: 14 % 16
*12 23
425 16 Jan.
16
16
16
16
16% 16%; *15 20 Oregon R’y A- Navigation Co.
18
10
7% 8% Oregon Sh. Line & Utah North.;
8 j *6
*5
.9
*3
0
8
8
*6
*2-.% 3% *3% 0%
145 2% Jan.
3
3%
3%
*33% *3% 3% PeoriaDecatur & Evansville.:
3
.
.
.
.
.
.
,
r
10*9 11 V 11% 1*2% 1 2 % 13% 12V Eft
14% 15V Pbila.de Reading 1st inSt. pd. 172,036 2% Jan.
15
*15% 16% *13% 16V 16% 17
1,095 14V Jan.
17
17% 17% 17% 17% 17%*Pittsburg Cinn. Chic. & St. L
53% 54 ; 55
745 52 Jan.
55
85% 5.7% 56
56 ;
Do
pref,
66 j 58% 56% 56
*18 24
*20
24
100 17 Jan.
*20 21
*20 21 r 20 21 ; 20% 20%'Pittetiurg A Western, pref....
*14
11
*14
15
14
15
*14
15 Rio Grande Western..............
*14
15
*116 118 l 110 US -110 118 !*115% 1 1 7 *lLj% 117% *113% 116% Rome Watertown *fcOgdensh
115% Jan.
‘ 56% 59 1 59
200 57 Jan,
59 : *57 60 ; 37
57 ; ‘ 57
60 : ‘ 57
60 :St. Louis Alt. & Terre Haute.
5% 8%
1.800 4 Jan.
5
5 : 5% 5%i
5
5 % •i-H s V *1% 5% St. Louis Southwestern..
10% 10% 10% 1 1 1 1 1
1 1 %! 1 1
*
*“
I11%
~
Do
pref. 2,485 9 Jan.
11% 11% 11%
11%
*22 28 I *22 28 ; *22
28 1 *22 28 "1 *23 " 28 ' *22 28 St. Paul dt Duluth..................
*3-5
90
5
Do
pref.
*95 90
-85
00 : *95 00
*83
90
87
87
*109 111 *109 111 -109 114
15 110 Jan.
114 l i t *109 l i t
109 114 St. Paul Minn. & Manitoba...
20% 20% 20% 20% 20% 20% 20% 21
2,006 19% Jan.
21
21% 21
21% Southern Pacific Co
0V 9%
14,166 7% Jan.
0%
9% 9%
0%
9% 9%
0% 0%
9% 10% Southern,voting trust, certif
27% 28%: 27% 28% 29
29% 29% 29% 28% 20% 28% 30% Do pref., voting trust cert 25,072 23% Jan.
7% 7V;
2,530 7% Jan.
8
8
8
8
8
gig!
8
B j
88%
%
83%
3£ T
ficu t .0
a cific
Texas
& PPacific
*30
37 ! *30 37 : *30
37 : *30 37 ; *30
37 ! *30 37 Toledo dt Ohio Gentral
•65
75 : *05 75
Do
pref.
*65
73 j *65 75 1 *65
75 , *65 75
3V
4 % 4%
5
0%
5% 5V
5% 7%
0% 7 Union Pacific trust receipts. . 15,850 3% Jan.
Union Pacific Denver & Gulf. 1.260 3% Jan.
46%* 3% 3% 3% 3% 3%'
4 4%
4% 4%
...
4,065 6% Jan.
«V
6V 7%.
7% 7%
7
7V
7% 7%
7% .7%
. Wabash
. .
______
16% 16V 10 s 16% 16% 16V 16% 16% 17% 17% 17
17%:
Do
pref. 13,5*20 14V Jan.
11% i m » 11% 12 11% 12 : 1 1 % 12% 11% 12% 11% 12% Wheeling A Lake Erie.
18,975 10 Jan.
35
35
36 36% 37
37
3?
37%! 37
38
38% 38%
Do'
pref. 1,415 34% Jan.
4
*3
60 2V Jan.
*3
4
*2 % 3%! ......................................
2% 3% Wise. Cen.Co., voting tr.etfs

Miscellaneous Stock*.

18% 17
17%
HI ; 19 18%
IS 19% *17% 13% *17% 18% American
Cotton Oil Co....
02% 62% 65
Do
pref.
65 |65 05
*01% 03% *61% 06
06 08
10 4 % 10 5 % 104 105V 101% 106% 105% 108% 107% 108% 108% 108 American Sugar Refining Co.
..
Do
pref.
97
09%: 88
93% »8% 98% 99% 09% 98% 9#
76% 77%: ■ ■a 7
78if f f t
7 i « 71% 78%
79% 77%
78% American TobaccoCo
*100 101% 1 0 1 % 1 0 1 % 10 0 % 100 % 102 10 2 *101 108 101 10 1
Do
pref.
65% 05% 63% 60
64% 05% 03% 65% 61% 05% 64% 65 Chicago Gas Co., certs, of dep.
147 14V * US 151 151% 154% 154% 1.37% 154 156 ! 103 154 Consolidated Gas Company..
10
19% 10% 16% 1 6 % 16% 16% 16V 16 % 16V 10 % 1 0 % DiB.dcO.F.Co.,tr.ets.aUlns.pd.
26
27
27%
27% 27% 27% 26% 27
27
27% 27% 29% General Electric Co...............
62
62% 63% 63V 05
05 : *60% 71
*60% 71 ! *63
71 Illinois Steel C o ...................
23% 25%; 25% 23% 25% 25% 25% 26% 26% 26% 26% 27% National Lead Co..................
85
80
Do
pref.
84%
85% 80
86% 85% 86% 86% 86% 80% 87
5% 5%
5% 5%
5% 5% 5*8
3%! 3%
5% North American Co...............
26% 26%; 26% 27
26% 27 , 27 ' 27 H 28
29% 28% 29% Pacific Mail- ........................
*137% . ..... I f ? ....... 1*137 ........*137 ........, '137%
Pipe Line Certificates............
*143% ..
*162 155 i 154 154 1 152 134% 153 154
155% 154 154 Pullman Palace Oar Company
*87% 67% *67% 07%; *67% 67% *67% 07% 184
*67% 67% Silver Bullion Certificates—
*67%
07%
27% 28% 23
28% 30 Tennessee Coal Iron & RR
28%' 28
28% 28% 29
28% 29
Do
pref.
5% 5%
5%
"
5
%
"5%
"
5
%
5%
5%
5%
5%
5% 5% U.S.Cord,Co.,tr.reo.all ins.pd,
*10 11 ' 10 % 10 % 1 0 % 10 % *1 0 % 1 1
Pref., t-r. ree. all ins, pd.
9% 9V 10% 10%
0% 0%
10 % 1 0 %: 97, 10
10
10 :
0% 10 United States Leather Co......
63% 63%) 58? S i 63% 64% 02% 64
Do
pref.
63% 04%
62% 63%
27% 27 % „27
28
„
27%
27% 27
27% 27% 27V
26% 27 United States Rubber Co......
83% 84% 83% 84V 83% 84% 83% 84% 83% 84V
83V 84% Western Union Telegraph—
*These ere bid and asked; no sale made.
11 Lowest to ex-dlvidend.

1,850 16 Jan.
45 63% Jan.
200,524 97 Jan.
2,461 95 Jan.
81,707 74% Jan.
675 100% Jan.
20,990 02 Jan,
0,700 143 Jan.
10,154 14% Jan.
14,808 22 Jan.
560 62 Jan.
7,802 23 Jan.
931 82% Jan.
8.633 4 Jan.
10,246 22% Jan.

Highest,
15% Jan.
24 Jan.
% Jan.
44 Jan.
56% Jan.
49% Jan.
108% Jan.
15 Jan.
16% Jan.

31
28
13
27
28
30
31

27

31

7 78% Jan.
10 43 Jan.
23 98 Jan.
7 72 V Jan.
7 127% Jan.
7 100 V Jan.
S 145 Jan.
7 69% j an.
7 37 Jan.
7 121 Jan.
7 37 Jan,
30 90 Jan.
7 18% Jan.

30
18
23
29
2
2
4
31
15
15
2
30
23

7 129% Jan.
7 164 V Jan.
14 1 2 % Jan.
7 45% Jan.
15 31% Jan.

31
31
16
30
30

98 Jan.
8% Jan.
31% Jan.
22 Jan.
74 Jan.
146% Jan.
84 Jan.
21% Jan.
47% Jan.
9% Jan.
20% Jan.
107 Jan.
105 Jan.
96 Jan.
20 J an.
77 Jan.
46 Jan.
12% Jan.
26% Jan.
26% Jan.
25 Jan.

31
31
31
31
30
31
7
29
30
17
31
31
14
31
13
29
3
30
30
2
11

98 Jan.
15 Jan.
80 Jan.
29% Jan.
16% Jan.
2o
J an.
10

14
22
22
27
30
22

184 .Tan.
15% Jan.
11% Jan.
31 Jan.
2% Jan.
9 Jan,
5 Jan.
16% Jan.
16
Jan.
27

31
31
31
31
31
31
30
31
27

3% Jan.
15% Jan.
17% Jan.
56 Jan.
20% Jan.

29
31
31
29
31

118 Jan. 3
60%J»u. 3
5% Jan. 29
11% Jan. 30
115 Jan.
22%, Jan.
10% Jan.
30% Jan.
8% Jan.

11
14
31
31
2

7 7% Jan. 30
7 4% Jan. 30
7 7% Jan. 30
7 17% Jan. 30
6 12 V Jan. 30
7 38 Jan. 30
18 3% Jan. 8
20 19 Jan.
20 66 Jan.
7 109 V Jau.
6 99% Jan.
24 84% Jan.
7 102% Jan,
07 Jan.
157% Jan.
17% Jan.
29% Jan.
23 65 Jan.
6 27% Jan.
87 Jan.
5% Jan.
29% Jan.

"884 148 Jan.
67% Jan.
19,205 23 Jan.
4,437 4% Jan.
231 9 Jan.
2,620 9 Jan.
22,358 56% Jan. ..
3,150 24 Jan. 8
29,056 81% .Tan. 22

27
16
30
30
4
20
16
29
2
31
28
31
31
30
31

id s " Jan." 14
07% Jan. 8
30 Jan. 31
5%Jan.
11% Jan.
lOVJan.
64V Jan.
29 Jan.
85% Jan.

15
15
16
27
13
2

THE CHRONICLE,

222

[VOL. LXII,

,DP,W YORK STOCK EXCHANGE PRICES [Gontf aaod) —rvaCTTP© STOCKS.
I [.ACTIVE STOCKS

% Indicates unlisted.

Jan. 31.

Bid.

Ask.

Range (sales) in 1896,
Lowest.

1 Highest.

R ailroad Stock*.

170 180
9 Jan. 10% Jan.
..100 (10
126*4 26% 24 Jan. 27% Jau.
_
7
5
Bali. A O. 8. W. I>ref., new. .100
140 131% Jan. 131% Jan.
.loo
__
....
.100 104 106
....
....
15
16
Brooklyn Elevated It............
10
Jan.
20
10 Jan.
Buffalo Rochester & Pittsbnr .100 12
....
5i>
Preferred........................... .100
._
_
_
....
Burl. Cedar Baplrts & Nor— .100
41% Jan. 68 Jan.
Clev. Lorain & Wheel. pref... .100 (18
155 Jan. 157 Jan.
. 50 158
7 Jan.
9
5% Jan.
7
Has Moines & Foi t Dodge.. .100
__
53
Preferred..................... . .100 45
6 Jan.
4% Jan.
.100
O'M 7
12%
Jan.
112% ....... 11% Jan.
Preferred 11.
14 Jan.
Hint & Pere ft
___
40 Jan. 40 Jan,
Preferred...
....
....
.100
—
.100 ......
.100
1 % 2%
85 Jan.
.100
27% 25 Jan. 25 Jan,
.100 22
8 Jan.
8 .Tan,
.100
7
Kanawha A Mlohlgau.
2
2 Jan.
4
2 Jan.
.100
....
.100 17%
....
Preferred.
**3”
.100
Lonlsv. St. L
9% 11
9 Jan.
9 Jan.
1% Jan.
.100
Iks 178 1 Jan.
162% Jan.
50 Ii eaiQ
Morris & Essex.
52
45% Jan. 51% Jan.
100 48
.100
New Jersey & N. Y ...
Preferred...............
...... .......
115% Jan. 120 " Jan.
100
N. Y. Lack. & Weston
58
100 56
100
5
....
15
5 Jan.
100
3 Jan.
4
6
Peoria A Eastern........
100 178 182
Bsnsselaer & Saratoga.,
41
39 .Jan. 40 Jan.
100* 39
■Ho price Friday; latest price this week.
t Actual sales,
Ann Arbor.

I nactive stocks,
I Indleatea unlisted.

ftlndieates aetual sa lesj
Jan . 31.

Bid.

Ask.

M iscellaneous Stocks.•

Adams Express.................. -100 (146 149
42
43
American Bank Note Co f .
American Express............. -.10 0 110 113
led) 11
..100 193%
19
Bay State Grasff........
i
.100
Brunswick Company.
%
100
Colorado Coal & Iron Devel. .100 }3% 3 hi
2gis
{28
100
2
Columbus & Hooking Coal. .100
2%
Commercial Cable.............. .100 150
SO 34
Consol. Coal of Maryland..
50
.Edison Elec. 111. of N. Y......... ,100 195
Edison Elec. 111. of Brooklyn. 100
Erie Telegraph & Telephone ...100 6254 62%
Interior Conduit & Ins........... .100
20
21
78
80
Preferred.
60
.100 50
.100
.100
Preferred......... ..........
.100 160's
Minnesota Iron..............
100 lb *4 20
National Linseed Oil Co.
5
7
.100
5 is 9
.100
12
10
2% 4
.100
r
. so 31C
2
Preferred.
100 ____ Id's
.100
6
10
.100 {22%
42
.100 39
.100 {85 is 86
.100' 96 102

Range (sales) in 1896.
Lowest.

Highest

146

Jan. 149 H Jam.

110

Jan. 115

Jan

91 Jan.
21% Jan.
......
2% Jan.
23% Jan.

4% Jan..
23% Jan.

I3® Jan.

2% Jan,

89

93% ja n .
22% Jan.
....

~

—Jan.

95

Jan.

60% Jan,

62% Jam

IS1* Jan.
78% Jan.
—

20% Jan
79 Jan•**•

53 Jan,
18 Jan.
4% Jan.

67% Jan.
20% Jan.
5 Jan.

8 Jan,
2 % Jan.

10 Jam.
4% Jam
__
2 Jan.

2

Jan,
.
5 Jan.
6 Jan..
17 Jan. 22% Jan.
38 Jan. 42% Jan.
83 Jan. 89 Jan.
97 Jan. 100 Jan.

NEW YORK STOCK EXCHANGE PRICES .— S T A T E B O N D S J A N U A R Y 3 1 ,
SECURITIES.

Bid

Alabama—Olasa A, 4 to 5...,.1908 108
Claes B, 5s
.................... 1906 108
Class G\ 4a.........................1908 95
do. Non-Hoi ford
7s, Arkansas Central R R ........
Louisian a—7a, cons.......... ... *314
Stamped 4s
New conols. 4 s .................1914

Ask.

Bid. Ask,

SECURITIES.

109% Missouri—Fund.. .. . .. . . 1894-1895
North Carolina—6s, old......... J&J
Funding act............. ......... 1900
New bonds, J&J....... 1892-1898
Chatham R R ..............................
.......

9714 98

SECURITIES.

........

Ask.

Compromise, 3-4-5
. 1912
3a........... ...................... 1913
'¥5“ =89~
Redemption 4
s
. .1907

102
6s............................. - ... 1918 120
South Carolina—4%s, 20-40.. 1938 106 ....... Virginia funded debt, 2-3s.. .1991
6s, non-fund.......................1888
6ss deferredV at ree’ts, stamped.
%

New York City Bank Statement for the week ending
January 35, 1896, We omit two ciphers (00) in all eases.

Bid.

Tennessee—6a. old...... .1892-1898
aunnao 6s, new bonds -------1892-8-1900 . .. . .. — „

111
6; % 61
6 L___

New York: City, Boston and Philadelphia Banks:

Capital cfc
Basks . Surplus. Loans, Specie. Legals. Deposits,t Circ’l’n.
ba n k s.
(00s omitted.)
Capital Surpt's Loans. Specie. Legals, Deposits
$
$
$
N« Y .*
$
$
$
Bank of New York.. $2,000,0 $1,965,4 $11,910,0 $1,590,0 Tsijioj) $10,970,0 Dec, 28., 184.139.8 478,466,5 67.114.2 74,097,8 501,089,3 13,928,7 667.659.3Manhattan Co...
2.050.0 2.073.5 13.215.0 1)355,0
3.934.0 15.453.0 Jan. 4.. 134.139.8 465,580,7 08,954,7 73.728.7 491,614,9 13,952,9 645.072.3“ 11.. 184.139.8 458,208,4 71.346.2 78,654,1 491.268.8 14,002,6 613,214,1
2,000,0 983,7 8,220,6 1.834.1 1.204.7 9.596.3
Merchants’.......
“ 18.. 134.139.8 453,958,2 73,610,5 81,836,0 492.403.8 13.923.4 590,908,S'
2,000,0 2.161.6 7.973.0 1,021,0 1.496.0 7.088.0
Mechanics’.......
“ 25.. 134.139.8 447,859,9 76,160,9 83.952.8 489.740.8 13.810.5 510,040,4
1.500.0 2.389.4 33,973,2 3.076.2
America.........
3.449.8 17,874,9
Bos.*
1,000,0 422.0 3.907.0 236.0 1.212.0 4.001.0
Phenix.............
1,000,0 3,207,7 20.031.7 12,712,8 3.128.9 31,324,3 Jan,. 11., 69.351.8 166.865.0 11.329.0 5.794.0 145.752.0 8.945.0 88,019.1
City— ....... .
“ 18.. 69.351.8 164.450.0 11.009.0 5.302.0 144.869.0 8.920.0 87.566.0
72,4 1.807.9
750.0
Tradesmen's....
319,5 1.785.2
192.2
“ 25.. 69.351.8 162.778.0 11.655.0 5.552.0 140.340.0 8.944.0 79.027.0
300.0 7.382.5 22.135.7 3,351,9
Chemical......
5.486.1 23,568,6
104.5 3.813.9 872.6
Merchants’ Exeh’ge 600.0
000,3 4.546.4 Phila, *
30,G22,0
107.737.0 6.396.0 69,070,3
Gallatin National... 1,000,0 1.620.5 6.220.7 546.3 1.466.1 5.364.3 Jan. 31.. 35.263.0 107.629.0
“ 18.. 35.263.0 107.449.0
107.872.0 0,401,0 69,340,9
30,5 66,0
229.5 1,472,5
Batchers’&Drovers’ 300.0
174.2 1.480.5
209.7
“ 25.. 35.263.0 106.943.0
29,447,0
105.724.0 6.367.0 64,068,7
339.2 2.610.0
Mechanics’ <z Trad’s 400.0
190.0
305.0 2.560.0
200.0 172.3
Greenwich..........
985,0
134.5
254.4 1.015.0
* W e o m it Pioo cip h ers i n a ll th ese fig u res, f Including for Boston and Phila
478.6 3.027.8
Leather Manufac’rs 600,0
282.3
817.3 2.945.2 delphia
the item 14due to other banks.”
300.0
105.3 1.699.7 276.4
Seventh National.,
196.5 1.969.7
State of New York 1.200.0 489.4 3.174.3 269.8
■481,1 2.514.4
Miscellaneous and Unlisted Bonds :
0
American Exchange 5.000. 2.344.3
24.244.0 1,886,0 3.054.0 18.468.0
5.000.
0
20.356.1 686.1 5.220.9 16.237.8
Commerce...... .
3,570,1
Miscellaneous Bonds,
1.000.0 1.634.6 5.383.0 948,7
Broadway........ ..
Miscellaneous Bonds,,
459.2 4.709.4
Manhat. Beach H. <%L. g. 4s.
Mercantile — . . ... 1,000,0 964.0 6.644.4 1.249.6
914.5 7.018.5 Boston Tin. Gas tr .certs., 5s
422 ,7
479,2 2.786.4 446.2
Pacific......... ..
Metropol. Tel. & Tel. 1st 5s.
660.2 3 .4 2 3 .6 Ch. Jun.& S, Yds.—Col.t.g.,5s
1.500.0
Republic....... ..
Mich.-Penin. Car 1st 5s......
963.7 10.807.1 1.663.2 1.404.7 11.536.9 Col. C. & I. Devel. gu, os.....
450.0
Chatham......... .
988.1 5.825.5
Mutual Union Teleg.—6s g.
713.6
796.2 5,879,9 Colorado Fuel—Gen, 6s........
200.0 251.8 1.992.1 254.9
People’s ................
N, Y, <fc N. J Telep. gen, 5s.. 109 a*.
400.8 2.805.8 Col, & Hock, Coal & I.—6s, g.
700.0
567.8 4.958.7 621.2
North America— ...
849.7 5.055.1 Cons.Gas Co..Chic,—Istgu.Ss 85 a. Northwestern Telegraph—7s.
1,000,0
Consol.
Coal
conv.
6s.......
.
1.967.0 11,853,3 4.188.5 3.007.7 17.315.0
Hanover........
95 b. People’s Gas & G.\ 1st g. 6s.
500.0
Irving........ ........
342.5 2.919.0 384.2
Co., Chicago.... i 2d g. 6s. 102 b*
391.0 2.782.0 Det. Gas com 1st 5s....... ......
600.0
Citizen’s ......... ....
400.6 2.795.8 595.6
225.0 3.169.3 Edison Elec. 111. Co.—1st 5s . 107*41). 1st cons. g. 6s...,.............. 99 b*
500.0
265.5 2.430.9
Nassau.............
1st consol., gold, 5s............ 100 a. Pleas. Valley Coal—1st g. 6s.
141.5
614.5 ' 3,114,8
750.0
Market & Pulton...
Do of JBklyn,, 1st 5s__ +110 a. Sunday Creek Coal 1st g. 6s.. 100 b.
848.7 3,797,7 502.2
783.5 4 . 1 2 3 . 3
Shoe <fc Leather..... 1,000,0
43,2 2.841.9 271.2
U. S. Leather—S.f. deb.,g.,6s 110%b«
517.9 2.903.0 Equal G.-L.jN.Y., cons.g. 5s.
Com Exchange..... 1,000,0 1.181.0 7.598.6 1.541.7
*96” b. Western Union Teleg,—/*_.■
856.0 8.67L1 Equitable G, F.—1st 6s.
201.5 4.620.5 1.227.2
Henderson Bridge—1st g. 8s. *108 b. WheeLL.E. Pitt4*Coal let 5s 68 b*
Continental---- ..... 1,000,0
431.7
5.813.3
300.0
413.2 1.847.0 193.3
Oriental ..............
Unlisted Bonds*
420.6 - 1,803j1 Illinois Steel deb. 5s__ ......
Importers^Traders’ 1.500.0 5.627.0 18.534.0 3.823.0 3.270.0 19.935.0
Non-conv. deb 5s,....—....
Am, Spirit MfgMlst,wheniss.
Park— ............. . 2,000,0 3.214.3 23.443.8 3.965.8 4.423.4 27,741,5 int. Cond. & Ins. deb. 6s.__
Comstock Tunnel—Ino. 4s..
7 b.
250.0
East River........
144.5 1.104.0
115.3
324.0 1.142.5
Notb. - “ b” indicates price bid; *a” price aske^, * Latest price this week.
Fourth National... 3.200.0 2.105.3 16.304.1 2,081,7 3.511.7 17.094.9
Central National..., 2,000,0 479.4 7.998.0 1.438.0 1.924.0 9.740.0
300.0
Second National...
620.5 4.955.0 862,0 1.152.0 6.241.0
Bank Stock List—Latest prices this week. (*Not listed.)
750.0
Ninth National___
384.7 3.640.0 408.5
358.7 3.716.2
500.0 7.131.0 20.713.1 1.269.5
First National......
BANE'S. Bid. Ask,
BANKS. Bid. Ask. BANES. Bid. Ask
3.566.0 18,521,2
Third National....... 1,000,0 262,1 7,032 6 1,558,«'
789.3 8.120.2
72,7 1,423 9 145.2
N.Y. Nat. Exchange 300.0
America.... 300
N-Y.Nat.Ex
400
1.388.5
266.5
250.0
Eowery.....-----....
571.1 2.801 0 457.0
German Am. 110 120 Ninth....... 115
310.0 2.965.0 Am. Exch... 170
200.0 437.9 2.853.9 710.1
New York County..
Bowery*.... 270 300
19fch Ward.
152.0
3 .4 3 0 .9
750.0
276.2 2.659.0 302.5
German American..
N.'America.
Germania.... 110
145
515.2 2.657.6 Broadway... 232%
£oo,o 1.307.4 13,2509 1.980.4 4.905.3
Chase National..__
212
Greenwich..
190 Oriental....
18.259.1 Butchs’&Dr. 145
100.0
1.054.4 6.393.7 879.7 1.468.5 7.552.4 Central...... 115 %120 Hanover..... 310 320 Pacific.....
Fifth Avenue__ *..
195
0 erman Exchange. _ 200,0 '806,0 2,084 4
Park^..
Hud. River..
294.5
274 276613.0 3.205.3 C h a s e ,...........
200,0 642.0 3,0014 555.4
Germania............
350 Im.& Trad's’
550 People's....
392.9 3.851.6 Chatham.....
United States....... £ 0 0 ,0
559.5 4.339.1 1.050.9
43u0 Irving
814.7
Phenix..__ 100
130
5.578.5 Chemical ...
Lincoln...........
300.0
573.0 6.241.1 751.5
450
Leather Mfs’ 175
Prod. Ex.*, 115 125
7.019.2 City........
* t- id......_____
200.0 635.8 4.117.5 824.7 1.083.2
680
5.013.2 Citizens’...... 133 137
148
477.1
Republic,...
NationaL.__
200,0 312.1 1.501.0 209.1
Manhattan.. 204
417.3 1.735.4 Columbia__
Seaboard... 167
300.0
787.0 4.870.9 868.3
CEDiMetcop.
485
922.0 6 .2 7 7 . 5 Commerce.,. 200% 205 Market & Ful 200
Second.......
200
.0
2.273.0
311.0
\
-.*-'0
292.0
Mechanics’ . . 185
326.0 2.309.0 Continental. 128
Seventh....
Posted ra 1 600 ,0 235.6 4.953.0
967.0
M’cha’ sfeTrg1
92*a
156
891.0 8.151.0 Corn Exch., 295
Shoe<&
Le’th
“ 200,0
1.772.0
199.0
LS2 Southern... 100 140
Mercantile..
215.0 1.515.0 : East River,.
8.555.7 1.272.5 1.310.4 8.769.3 11th Ward... 206” '
Merchants’ ... 133 138 StateofN.Y. 108 n o v
Lari&Sjry 31.
5.171.0 827.6
110
Third....... *
493.6 5.293.0 Fifth Ave,„.. 2700
Meroh’ts
Ex.
108
2.201.2
52,2
Metropolis.. 415 460 Tradesm’n’s
740.3 2.245.0 Fifth*....... . 260
93
Prune bankers’ sterling bills ong'dOS.O 1.786.2
140 Union Sq.* 190
856.9 8.712.0 First..,.....--. 2750
Prime commercial............ ....1,882,9
43,5
Nassan........ 150
Union........ 185
430.1 1.797.5 First N., S.I.
Documentary commercial...... 3,309,1
[M
0
504.6
170
N.
Aias’dam
278.7 2.819.6 14th Street..
Un’d States 175 ,
Paris bankers’ (francs)............ .........—
New York,.. 235
Fourth* ..... 180
Western.... 110 112
Amsterdam (guilders) bankere^7,859,9 76,160.9 83,952,8 489,740,8 , Gallatin,...,, 280 315 N.Y. Co’nty. 680 ---- 1 West Side., 275 I™ .,
Frankfort or Rrornon fret ohm ar

THE CHRONICLE.

FEBRUARY 1 , 1896.]

aiHl'ON, e U U .A O E U 'iIU
Active Stocks.
T Indicates unlisted.

223

AN1) BALTIMORE STOCK EXCHANGES.

n f* Share Prices — not Per C en tn m Prices.
Monday,
Saturday,
Tuesday, Wednesday, Thursday,
Friday,
Jan. 27.
Jan. 25.
Jan. 29.
Jan. 30.
Jan. 28.
Jan. 31,
14Vg 15

15% 15%

15

15%

15% 15% 1516 15% 15
I dSq
1
*lj»
44
44
*43^2 44
4i% 41
44
43% 43% ‘ 40
42
Baltimore &. Ohio (BaiL). 100 43
as
8H
*67% 6-5
68
68
Balt. City PsM»»*ger “
25 ' . .. . . 08^ 63
17
17% 17% 17% 17
Baltimore Traodoo “
25 ' ....... 17% 17% 17% *17
•16% 17
17
17
17
17
*17
17% 17
17
*17
17%
BaltimoreTrao’ni .Phil.). 25
210 217 212 214 212 213
212 V5 213
Boaton.& Albany ‘ Basioit).100 •237 ....... 208 208
202 M
y2 2 Vi
*....... 202% *i99% 202% •202 Hi 202 k 202 202
165
16 t 162 162H} 162 182
Bostoti & Maine
”
100 165 165 ld4 161 *
12
‘ 10
*10
12
"10
12
•n% 1 2 % ii% u %
Ceatral of '«la33.
“
100 •i.% 12
*53
53
Chic. Bur. dEQalu. “
100 75% 76% 76% 764, 76% 77% 77 ^ 78% 77% 78% 773g 781-4
Onto Mil. & St P. (Pftil.).lOO 69% 79% TOh 7i% 71% 72% 71% 72% 71\ 72% 71% 72%
9lg 93»
9% y%
9%
l»s
*2 ® ......
25% 27 ^ 27 " *26
*26
16% 9 i
90
SO
90
90
9m
92
93
93
93
01
37
3?% 37% 37% 3 7% 87% 37% 38% 36
38%
I^higik Vaitoy.. (PhU a,). 50 38% 37
* ...... 13 > 134 13; MS3 135
134 131
*133 135
104% 105
Metropolis Trac.f (F n id . 100 •104 10 V 1O3?0 104% 104% 104% UU% 104% 1041*3 V
9% 0=4
fVf.
9% 9%
9% 94,
M axim a C en:'i (Mastan). 100
9H 10
37a av8
47
*415 ...... 47
5i
51
*49 Va 5 l
*49^3 52
SO
So
so
83
83
81
84
*80
*80
83
Freforiwd ......
“
100
‘ 67
08
*67
3% 3%
3% 3%
4% 4%
3-% 3%
4% 4%
ifortbera Paeito (PhUa,) 100
3% 4%
*12
16
•12
13
•12 8 13% *14% 1 V
14% 15% 10
L7T% 177% 177% 177% * ..... 178
177 177 *177 177%
Old Colony. .. .(B oston) 100 17? 177
5 3 *4 52% 53
s3% 53% 53**4 53
Pminhflw^bi-ik ..J P k tia .K 50 52% 52% s t u 53 % 53
5%
67,, CD,
67,8 7?,.
7 7, 7%
**
50 i-h-i 5%
7o% m 4 70
70
70% 69% 6 >% 6>% e m
63% 70
FMltdssIpa Trap
**
50 70
5
5
6% «&
i ! !!,
!,fi , . f !!
I.TOO •3%.......
s\
3% 4
■S% 4%
107, n %
10*6 11
ii
11
11
11’, 11
11
U
IL
Uiit*ia VP h ik i.). 50
11 iitcelii*,ucoum -tiMfliM.
106% 103
.Aiis..»itp r Re.Aa . ( Bmlmt) .... 104% 105% 104M 105% 104%108% 108 108 % 107^ 10?
99% io >
09% 06% SH4 93 h 98**
98^3 ill)
PreCcrr^i......
**
1. *8 198
199 290 2 >0 209
198 24,i
B»>ii r-icplio'oe...
** 100 197% .1 *6
73%
70%
71
74%
72%
73% 71% 73%
73 i 76% 75% 7C%
B m t JtMtmlmim.
**
23
12 % 12
12% 12% 1.2% 12% 12% 12
13 >4
Butte & 8 wton..
*’
25 1 i 4 15% 12
295
295
300 303 *iO0 306 300 300 *3 «0 3 15
Ctoluaiet A
**
25 ’ 294 m n
*
*■ . ... a*
v .r> OH
*07
09
70
•56% 56% *50Ui 57
56% 5 ,% f»tf
CX»nm>
*’
100 56% 56% 58% 56 % 56
2 •<% ■JiH 29% 23
3 ,% 3U% 3i%
%.)H 24
M&e.mat*
iPhil**). 190 2 >% 23 - 27
......
......
39^
*34
31
31% 31
31
Prefer--It
••
100 ...... ...... *27 3 >
«l
■60% r,l %
8 i h 01% 61% C:% 62 h 02^3 63
Brie Telaphoae. ( Ismim%)..1; »0 61
27
27
27
27
27% 29^
2 7% 2 l*n 27% 2 * % 2 7 27
&eii»ral Es!ec.lHe.
** 10
*nt
58
58%) BG 57
57% 58
B m te rred. . . . .
** t Oil •'■4
•39 &S1* V>6
*18
m
•18% 2h
10
19
19
hm.mmu
'*
50
»is%
*18% 20
n% 45
*15
45
*45% 48
46
tashVb
50 44't 44 ‘f 44% 41% 45
H9 -v 89
89
...... *33
89
s
89
9
9\
9% l i
io ; 9
0%
9
11
9% l')% 10
Pa, Heat, 1. A Powf Ph Urn.).....
88% 6-i% 08 7a 68% 68 a 68% 084 09
69
69
V tt'ltdUaNf Hip. ^
**
50 69
55
5 > 55
57%
Wmmbmh I
% **
5 52% 52% 52% 55 j *53
56% 5oJij 57
2 I 2
%
2
1% Ml *1%
*1% 2
Wa*t Ettcl. Lmmi.. ( Bmlm* >. «*.
■i 7a 2
* BUI
prleei* 1no rale f M made.
1 Tnist m m i f ls,fS1®pd
Atcb. T. & 8. Foi(Ros'on). 100

Inactive Stocks.
Prices o f J anuary 3 1
Attint. tt Charlotte (Bull.).100

Bovina ,1 PruvUirini" (Itofloai.lOO
Camieti & Au.ntlop!. tl'nila.). 50
C * ! - » »......... .
"*
59.
l«t preferred. . . . . . . **
60
Central Ohio......... .
(Bsu.t. 50
Cfc Irag,, A West M|. b. (
i - 300
Coonectteat v I 'w . . ••
too
Connecticut HI vrr ... “
100
Onuvot Tract of NJ.fi iPkUa.). i00
OeiavrsrcABc'j'K! Hr. »*
100
Flint & Fere Msu-u-..tBcr'c«i.lo-i
Preferred ........... •*
100
SeKooriUe Pasacng, (P M a .). so;
Preferred f ...............
“
60
Hunt, A Broad Top... ”
50
Preferred.............
"
50
Kan. C’t FMS, & M»sn«(jJo«fe>»).i00
Preferred.................
“ 100
Little Sohtiflklll........tPham). 50
Mine BUI AS.Haven
••
50;
jNeKjuehoning V»1...
**
50
Sorts American CO..
“
100
Worth Pennsylvania.
“
50
Oregon Short: Line...(Boctmi) . 100
Pennsylvania A N. W. (PhU a.). 10
PhUadel A Brio.......
“
50
Rutland....... . .......(B o s to n ) 100
Preferred..................
" 100
Southern.................... (B a ll,). 100
Preferred.........
“
100
West JEnrt-........... ...(B o sto n ). 50
Preferred ................
*' 60
United Coe. of N. J.. (PhU a.). 100
wait Jersey............
"
50
W «t Jersey & Allan.
“
50
Western N.Y, A Penn
“
100
Wisoonsin Centra]. . . ( Boston) . 100
Preferred................
" 100
Worc’st-Niwh.AKoch.
“
100
MISCEI.i-iHEtlU*.
Alton et Min'g,a»*tpdf Boston,).
Atlantic Mining........
Bay State Mm ’S.......
“
Boston Land...... .
“
Centennial Mining...
“
Fort Wayne Elects..
"
Franklin Mining......
*'
Freaehoj'n’e Bar Xfd.
"
11lino l* Sleel.............
••
1
Keswrsarge Mining....
"
Osoeola Mining....... .
•»
Pullman Palace Car.
«
1
Feinaylvanla Steel.. <PM(a.).UX)
Preferred f ...............
" 100
Quincy Milling.........(Boston). 25
Tamarack Mining...,
'*
25
Water Power...............
« 100
Weatlnglu Elec. A M.. “
50
Fret., cumulative.
“
60

Btl.

inactive stocks.

Bid.

Ask.]

Sales
of the
Week,
Shares,

Range of sales In 1896,
Lowest.

11,365 12% Jan.
285 37^4 Jan.
160 68 Jan,
250 li> Jan,
242 15% Jan.
894 204 Jan.
56
106 162 Jan.
10.J 1 1% Jan.

Highest,
7 15% Jan. 30
9
27
7
7
7
79
30
31

27
70 Jan. 2
17% Ja n. 2
17% Jan. 2
217 Jan. 28
2
11% Jan. 31

l 1,273 72 Jan.
30
2-4 iOO 64 Jan. 7 7-% Jan. 31
915
10V)
429 89 Jan. 20 93 Jan. 30
2,345 34% Jan. 7 33% Jan. 30
25 131 Jan. 2 i 136 U
%.ran
2,203 94% Jail. 7 105 Jau. 31
1,170 8% Jan. 6 10 .ran. 30
150 45 Jan. 9
26 J 80 Jail. 28 85 Jan! 23
1o
5,425 2% Jan. 8 4V8 Jau, 30
60 j 10 if J an. 7
31
105 175% .Tan. 6 178 Jam 16
1,318 50% Jan. 7 s3% J m. 21
90,12 2 Int Jan. 10 77, „ Jau. 30
2.207 62 Jan. 8 70% Jan. 21
1,271 3 Jan, 23 6% Jan. 30
5,248 10 Jan. 8 1
Jan. 24
32,388 97% J in. 7 l')8% Jam
7 29 9 5 Jan 7 100 Jau.
3 .a 19? Jan. 2 20 i Jan.
39,392 65 Jan. 7 76% Jan,
13-alto 10% J . ii. 21 13% Jan.
55 295 Jan. 3 300 Jan.
r .
45) 55 % Jan. 20 >-i% .inn.
6,3 25 74 Jam 7 33 *2Jan.
523 2.3 Jan. 7 34 Jan,
700; 50% Jam 2 63 Jau.
1,960 22% Jan, 6 29% Jau.
155 50 Jan. •8 58 Hi Jan,
10 13 Jan, 7 19 Jau.
9- 42 Jan. 10 16 Jau.
:u H7V» .Tan ?3
31,902: 9 -Jan. 7 11% Jail.
531 66 H Jan. 21 81% Jan.
719i 4J Jan. * 57% Jan.
320 1% Jan. 2 5 2 Jan,
1

Bonds,

5 53
54 People’s True, trust certs. 4s.. 1943
95 i 68 i Bari.* Mm River Exe not 6», J&J [? llo n o . Peraiomen, 1st aer..5B.1918, G—J
264 206
Non-exempt 8a..----- 1919, J&J jlO i 100 1Phlia.A Erie gen. M. 5g„1920, A&O
97 1 wcu. UilUlet ■»
90
;........11 Plum i s , .............. .......1910, J&J
AikXIV,
1% ....... 1Chic. Burl.A N or.lets,1928, AAO lf>2% 103 1PhUa & Read, new 4 g„ 1958, J&J
19 ......
2d mort, Be. . . . . . ___ 1918,J&D: 5 97
yj
1st prof, income, 5 g, 1958, Feb 1
99 j 2d pref. Income, 5 g, 1958, Feb. 1
s 9 % 51
Debenture 6s........... 1890, J&D § 98
95
16 i 17 Chie.Burt.&Qalnoy-ts 1922, FA A § 93
3d pref. Income, 5 g, 1958. Feb. 1
98 1 2d, 5s........................ 1933, A&O
110 H I ! Iowa Division 4e...... 1919, AAO 5 95
07 t Consol, mort. 7a........ 1911, J&D
210 245 i Chic, A W.Mich. gen. 6*. 1921, J&D 1 6t
y>
Consol, mort. 6 g........1911, J&D
...... ■ 25 l Cannot, of Vermont..>8.1913, J&J, i 87
75
Improvement.M.6 g., 1897, A&O
163 D>5 Current Ktvar, 1st,5s..1927, AAO $ 60
7*2 i Con. M.,5 g.,8tamped,1922,M&N
10 I 12 Del. lAiia-.t Nor n M.7h. 1907. J&J * 63
■5118 110% Terminal os. g ...... .1941, Q.—F.
35 i 12 l 11'eatern 1st mort 0K.19O6,MAS, .j§118
*127 I'D) ! Phil. Wllm. & Balt., 48.1917, A&O
48% ........ fre».Kik.AM.V„lBt,6«.1933,
*120 127 % Pitta. 0. & 8t, L., 7s..-.1900, F&A
.......
Unstamped, let, St, 1933...
70 KooUeater Railway, oou. os -.1930
30 K.O,0.AbpriUK.,lst,5g.,1925,AAO } 70
8olmyl.R.E.8tde,l3t5 g.1935, J&D
...... K <1. P.8, AM. COIL 6s, 1928, MAS ! 93 100
04 Union Terminal 1st 5s......... F&A
13 K.C. Mem. A Blr.,l»t,2e,1927,MAS * 60
65 ; K.O. St. Jo. AC. P,., 7s..1907, JAJ 5120 122
95 A t l « S a Br fit^ .^ fi9 0 7 ,J & J
155 i L. Rock A Ft 6., let,7s..1905. JAJ 5 90
I, - Lotu*„ Ev. &.v.. 1 , 1»l,0g. 1926.A AO 5105 108 Baltimore Belt, 1st, 5s.1990, M&N
87 Balt, 0. Pass. l8t 5s — 1911, M&N
......
2m., 5 -6 g...............1936, AAO { So
5 %' Mar. II. A Out., 6a...... 1925, AAO ; 106 108 Balt. Traction, 1st 5e..lM29, MAN
67% Extern A tin.pt. 8s....Ja il, MAS
....... Mexican Central, 4 g ... 1911, JAJ | 67
No. Balt. Dtv., 5a...... 1942, J&D
19% 20
s
let e<<n«ol.incomes, 3 g, non-onm,
9
0% Baltimore A Ohio 4 g., 1935, A&O
35
2d consol. Income*. 3s, non-enin.
Pitta. & Conn., 5 g. . .1925, F&A
21 N. Y. A N.Eng,, let, 78,1905, J&J' *116 116
Staten Island, 2d, 5 g.1926, J&J
2% let mort . 6 s ....... ...1905,JAJ *1 1 l 112
71 |Ogden. AL.C.,Con.es... 1920,AAO '105 106 Bal.&OUio S.W.,lst.4%g.1990, J&J
. ION Ine.Os..................................1920 h....... 10 CapeF.&yad.,8er.A.,6g.l916, J&D
Series B .,6g ..............1916, J&D
9%: 301*! Rn tiand, l8t,e»......... 1902.M&N ■109 110
» : «!)% 2d, As........................ 1898,F&A 5100 100% Series 0., 6 g.......... ..1916, J&D
Cent. Ohio, 4% g...........1930, M&f
129 Cent. Pass., 1st 5s ....1932, M&N
l |240
au J
^
P» » J * J
8 !...... . Atlantlo City 1st 5s, g., 1919, MAN 103 101
City & Sub,, 1st 5s........1922, J&D
Oharl. Col. &Aug.ext. 5b. 19 LO, J& ■
...I 26 Beivtdi-re Del., lat, 6e..l902, J&D 110 %
CoL
& Greenv., 1st 5-08.1917, J&J
3% 3% Buffalo Ry. con. 1st, 5b......... 1931
3a.Car. &Nor. 1st 5 g..l929, J&z
3% 4 ( a'iiwHsH, M.,7*........1900, FAA 112 4 __
Jeorgla Fao., 1st 5-6S...1922, J&J
Choc. Okie. A Gulf, ptlor Hen 6s.. 107
00 North. Cent. 6a— ........ 1900, J.v.
Citizens' St.Ky.ol lnd.,oon.58.1933 85
6b................................1904, J&o
Cntumb. 8t. Kv„ 1st, con. 5a.. 1932
Series A, 5s............... 1926, J&i
•30 1-00 Cotuiub. O. Croastown, l8t.58.1933
81%
4%s...........................1925, A&C
17% 17% Consol. Tract.of N. J^, l8t,5s.l933
10% 101*1 Del. A B'd Br'k, 1st, 7e.l905,F&A 126
Pledm.&Cum., 1st, 5 g.1911, jr&A
Pitte. & Connella. lat 78.1898, J&J
Eaeton A Am. 18IM.,5b.1920,MAN 109
Blrotr. A Wllm„ 1st, 08.1910, JA.T. 116 ...... Southern, lat 5s_______1994, J&J
HcstonvIUe M. A F., con. 5a..l924
Virglula Mid., 1st 68...1906, M&a
2il8erie8,6s...............1911 M&t
. Hunt. A BrYlTop,Con.5a.'95,AAO 106
3d Series, 6s............. 191,, MAH
111
1%: Lehigh Nav, 4%».........1914, q —J
4th SerieB, 3-4-5e......1921, M&i
C4Q1 2d 6b, gold................ 1897, J&D 104%
5th Series, 58............ 1926, M&I
13% General mort. 4%s, g.l924,Q—F 104*3 106
99 ‘f West Va C, & *>. let, 6 g.1911, J&.
- - Lehigh Val.Coal l8t5s,g.l933,J&J 69
Wert'L N.C. Consol. 6 g.1914, J&.
Lehigh Valley, let 6s...1898, J&D 106
Wllm. Col. & Aug., 6s.. 1910, J&I
I 2dVe................ *.......1910, M&8 134
M 1 B O K I .! .A .V K O U » .
Consol. G.. . . . . . . . . —,.1923, J&D
Baltimore Water 5s...1916, M&>
Newark Passenger, oon. 5s... 1930 103
Funding 5s.............. 1916, M&J
North Penn. 1st, 7s----1896, M.eN 10 2 % i'0'3
Exchange 3%s...........1930, J&J
Gen. M. 7s................. 1903, J&J 121
Pennsylvania gen .08, r,.1910, Var 130
Virginia (State) 3s,new.1932, J&J
Funded debt, 2-3s.......1991, J&J
Consol. 6b, o ........1905, Var 118
Chesapeake Gas, 6a___ 1900, J&J
Consol, 5e,r................1919, Var 118
Consol, Gas, 6a..............1910, J&l
Collat. Tr. 4% g.........1913, J&D
5a.................
1939, J*.
Pa, & K.-Y. Canal,7»...1906, J&D i224
Con, 5b.......... ........... 1939, A&O ...... ii'6% JBanltaMe Gae.6b . - . p r . l l

At-Top!.*-*. P810of°rnig„1989, J&J
2d 2%-4«. g„ Class A., 1989, AAO
oatnn Cut •I (I k l«t 5*......... .
# Pfb'e Includes overdue ooupons.

V Unlisted.

§ And aoerued Interest.

30
30
29
31
31
28
3
31
31

31

31

3
4
29
1'
2

31
16

Bid. Aek,
90
92
101% __ v%
) 1 7 _rrIT
104%
76
79%
38
3d%
22
22^4
20
20 H
119 ___ m
120
103
91% 99
105%
101
116%
104
110 110%
117 118
93
99%
115 116%
n o% __
105 105V*
107% 108%
102
97 100
r^T* ;;;;
74
75
50
55
60
62 bs
l l l 4 112 %
109% 110
lo5 107
103 110
80% 81
110 110%
108% 109
112 114
1L2 113
109 n o
104
104 104%
9l
91%
114
117% 118%
112 111
10J^ 104~
L06
11 0 % 1 1 2 %
113 116
122
lo s " 105%
73
60% 66
113% 114%
103% 103%

THE CHRONICLE.

224

[VOL. LXII,

NEW YORK STOCK EXCHANGE PRICES (Continued ) - A C T I V E BO N D S J A N U A R Y 31 A N D F O R Y E A R 1§9«.
10losing

HAlLBoaD

xnd

M18CEU BONDS. W * |

Range (tales) in 1896
[Highest.

Closing \Range (sales) in 1896.
Jan. 31. Lowest. \ Highest.

Railroad and Miscbl. Bonds. Inter11 Price ------------------------------Period

M. K. A Tex.—2d, 4s, g ...,1990 F A A 6012b. 5 3 % Jan. 6078 Jan.
Mo. Pao.—lst.oon., 6 g__ 1920 M A N 96 b. 95 Jau. 97 Jan.
Sd, 7s................................ 1906 M A N 1 10 b. 108 Jan. 1 1 2 Jan.
Pac. of Mo.—lat,ex.,4 g.l938 F A A 10 1 b. 102 Jan. 10 2 % Jan.
2d ext. 5a...................... 1938 J & J *102 b.
St.L. A ir . M t.lst ext., 5s. 1897 F & A 102i2b. 102 Jan. 10 2 % Jan.
2d, 7 g .............................1897 M & N lO l^ b . 100 Jan. 101=% Jan.
Cairo Ark. A Texas,7 g.1897 J & JD 100 b. 10 1 Jan. 10 1 Jan.
Gen.R’y A land g r.,5g .l931 A & 0 79 b. 79 Jan. 60 Jan.
99 J an. 102 Jan. Mobile
A Ohio—New, 6 g ..l9 2 7 J A D 118 b. 117 Jan. 1 1 7 Jan.
97 ‘-2Jan. 100'a Jan
General
4s. ...19 3 8 M & 8 66
62 34 Jan.
663s Jan.
97'a Jan. 100 Jail Nash. Ch. mortgage,
A St. L .-le t ,7 s . 19 13 J & J 125 b. 12712 Jan. 1 2 7 % Jan.
10(5 Jan. 108 Jan.
A
A
0
*
10
l%
a
.
Consol.,
5
g
..
.................
1928
Jan.
1
0
1 % Jan.
100
104 Jan. 105 Jan. Nat'l Starch MTg.—1st, 6s. 1920 M A N
94 b. 92 J an. 95 Jan.
CmM.Ga.-s" A W! is toon .58.1929
10 1 b. 10012 Jan. 1 0 1 34 Jan.
M
A
N
N.
Y.
Central—Debt
ext.4s.
1905
Central o£ N. J .-C o n s .,78.1899 Q—J
1st, coupon,7s................. 1903 J & J 118 % b . 118 Jan. 120 Jan.
MAN
Consol., 7 b ............ ..........
Dehen.,5s, ooup., 1884.. 1904 M A S 10634 10 6 % Jan. 1 0 7 % Jan.
, 1 1 2 % Jan. 115 ia Jan.
General mortgage,5 g - -19 8 / J A J
N. Y. A Harlem, 7s, reg.1900 M A N *114 a.
Leh.<*jW.B.,con.,7b,as}d. 1900 —M
. 1047s Jan. 105 Jan.
R.W. A Ogd., oonsol., 58.1922 A A 0 116 b. 116*2 Jail. 1 1 8 % Jan
A N
••
mortgage5s.l912
Shore, guar., 4s— 2361 J A J 10 5 % 104 J an. 10 5 % Jan
. I l l ' s Jan. 11 2 Jan. N.West
Am. Dock A Im p.,5a— I J J I J A J
Ohio. A St. L .—4 g ...1937 A A 0 104
102 Jan. 104 Jan.
99 '2 Jan. 100 ia Jan. N. Y.
Central Paoitlc.—Gold, tis. 18 J8 J A J
Y. Laok. A W.—1st, 6s.1921 J A J *130 b. 129 Jan. 129 Jan.
A
A
O
CheB. & Ohio.—8er A, 6 g.1908
F
A
A
1
1
3
b.
Construction,
5s..............
1923
Mortgage, 0 ...................19 11 A A O
.Y.L.E.AW .—1st,oon.,7g. 192u M A S 13 8 % 135 Jan. 1 3 8 % Jan.
101>8 Jan. 109 Jan. N 2d
1st consol., 5 g................. 19“9 M A N
oonsol., 6 g................. 1969 J A D 1 73 b. 16 6 % Jan. 1 73 Jan.
68% Jan. 76 Jan.
G en eralise, g............,---19 9 / M A 8
Dook,ooneol., 6s,g.l935 A A 0 128 b.
9 1 % Jan. 94% Jan. N.Long
R. & A. Dlv.,lBtcon.,4g. 1989 J A J
Y
.
N. H. A H .—Con. deb. ot£s A A 0 136
135 Jan. 136 Jan.
83 Jan. 83 Jan. N. Y. Ont.
“
2dcon.,4g.l989 J A J
AW .—Ref ,4a,g. 1992 M A S
8912
88% Jan. 90 Jan.
EU z.Lex.A B lg8an.-5g.1902 M A 8
98 Jan. 10 0 % Jan.
J
A
D
10
7
%b.
Consol.,
1st,
5s,
g.............1939
107
Jan. 109 Jan.
1151-2 Jan. 1 1 6 % Jan. N. Y.Sus.AW.—latref.,58g.l937 J A J 95 b.
Chlo.Bnrl. A Q.—Con., 7e. 1903 J A J
Jan. 100 Jan.
99
M
A
N
10
1
Jan.
100
Jan.
Debenture, 5s...................1918
115
3
i
A
A
0
1153% ja n .
Miniand
of
N.
J.,
6s,
g
.
19
10
Jan.
1
1
5
100 Jau. 10 3 % Jan. Norf.A W.—100-year, 58,g.l99 >J A J 6012b.
Convertible 5 b . . . . . . ....... 1903 M a 8
95 J an. 95 Jan. No. Paoltlo—1s t,coup., 6 g. 1921 J A j 1 1 5 b. 60 Jan. 60 Jan.
Denver Division 4s. -----19 2 2 F A
1
1 1 3 % Jan. 1 5 % Jan.
N'ebraeka Extension, 4a. 1927 MAN
8 7 % Jan. 90 Jan.
General, 2d, ooup., 6 g. 1933 A A O 103 b. 100 Jan. 106 Jan.
Han. ASt. Jos.-Cons. ,6s. 19 1 1 M A 8
116 Jan. 1 1 8 % Jail.
J
A
1)
70
b.
General,
3d,
ooup.,
6
g.
-1937
64 Jan. 70 Jan.
1 1 2 Jan. 114 Jan.
Chlo.AE. 111.—1s t,s. £.,08.1907 J A D
Consol, mortgage, 5 g ...l9 8 9 J A D 3 8 %
3 1 % Jan. 3 8 % Jan.
123 Jan. 123 Jan.
Consol., 6 g...................... !}}84 A A O
M
A
N
81
b.
Col.
trust
gold,
notes,
68.1898
7 6 % Jan. 83 Jan.
9978 Jan. 10 1 Jan.
General oonsQl., let, 5 b. .1937 M A N
Cliio. A N. Pao., 1st, 5 g.1940 A A 0 t 41
137 Jan. 1 4-1 Jan.
10 5 % Jan. 10 8 % Jan.
Chicago A Erie.—let., 5 g.1982 MAN
F
A
A
Seat.
L.
8.
A
E
.,ls
t
,
gu.6.1931
t
40
a.
t20 Jan. 28 Jan. No Paoiflo A Mont.—6 g ..19 3s M A S t 28 b. 140 Jan. 141 Jan.
Inoome, 5s....................... 1982 Oot.
Chic.Gas L. A O .-ls t , 5 g.. 193 / J A J
90 Jan. 9 1 % Jan. No. Paoiflo Ter. Co.—6 g... 193: J A J lOO^b. 126 Jan. 130 Jan.
100 Jan. 1 0 1 % Jan.
Chlo.Mll.ASt.P.—Con.7s.190o J A
123 Jan. 12 5 % Jan. Ohio
Miss.—Con. a. f.,7s.l89 J A J 103 b. 103 Jan. 10 3 % Jan.
J
A
let,SoutkW68tDiv., 0a..1909
1 1 5 Jan. 1 1 5 Jan. Ohio ASouthern—lBt,
6 g ... 1921 J A 1) 90
87 Jan. 90 Jan.
let, So. Minn. D iv ,08. ..19 10 J A
1 1 2 % Jan. 1 1 4 % Jau.
25 b. 25 Jan. 29 Jan.
General mortgage, 4 g... 1921 M A N
lst.Ch.&Pao. W. Div.,5s. 1921 J A
110 Jan. 1 1 1 % Jan. Oregonlmpr.
Co.—1st, 6 g.l91o J A D 9134
90 Jan. 91 7 J an.
Chlo. A Mo. K i V. D lv.,5s. 1928 .( A
10 3 % Jan. 10 8 % Jan.
Consol., 5 g.......................1939 A A 0 t 3 1 b. 30 Jan. 36 Jan.
10 6 % Jan. 10 8 % Jan.
Wise. A Minn., Div., 5 g -19 2 1 J A
R. ANav.Co.—1st, 6 g.1909 J A J 107%b. 105 J an. 109 Jan.
Terminal, 5 g ................... 1914 J A
108 Jan. 112 Jan. Ore.
Consol., 5 g.......................1925 J A D t 96
1 90 Jan. 196 Jan.
Gen. M ,,4 g., series A ... 1989 J A
93 Jan. 94 Jan.
Co.—1 % g., ooupon.1921 J A J 11014b. 108U Jan . 1 1 0 34 Jan.
Mil. & Nor.—1 St, oon., 6b. 19 13 J A D
1 1 5 % Jan. 116 Jan. Penn.
J
A
J
100
b.
Peo.
Deo.
A
Evansv.—
6
g,192u
___
Q—F
Chlo. A N . W Consol.,78.1915
14 1 Jan. 14 1 Jan.
Evansv. Division, 6 g .. . 1920 M A S
Coupon,go.d,7s............ 1902 J A D
1 1 8 % Jan. 1 1 8 % Jan.
M
A
N
2d
mortgage,
5
g..............1926
*t35
a.
Jan.
Jan.
128
128
A
A
O
Sinking fund, 6s.............. 1929
1 1 2 Jan. 1 1 2 Jan.
A Read.—Gen., 4 g.1958 J A J 1 79
i 7 1 % Jan. 1 7 9 % Jan.
Blnkinglund, 5 b ..............1929 A A O
108 Jan. 108 Jan. Phila.
t
36
1st
pf.ino.,5
g.,lst
iust.pd.’58
13
6
%
Jan.
1
8
%
Jan.
M
A
N
Binking £und, deben. ,58.1933
1 1 0 % Jan.
2d pf.ino., 5 g.,lst inst.pd.’SB
1 22 %
534 Jan. 1223s Jan.
25-year debenture, 5 s ...1909 M A N 106 %a. 103 Jan. 106 % Jan.
1 20
3dpf.ine., 5 g.,lstlnst.pd.’58
3 % Jan. 120 Jan.
Extension, 4a...................1926 F A A ”1 0 1 b. 100 Jan. 10 1 Jan.
Pittsburg A Western—4 g. 1917 j A J* 76
74 Jan. 77 Jan.
Ohlo.B.I.&Pao.—6s., ooup. 1917 J A J *125 b.
J
A
J
75
RioGr.
western—1st,
4
g,193o
Jau. 7 5 % Jan.
70
Extension and ool.,5e...l934 J A J 10238 100 Jan. 103 Jan.
M A N *1 50 a. 150 Jan. 150 Jan.
30-year debenture,5s... 1921 M A 8 94
92 Jan. 94 Jan. St. Jo. A Gr. iBland—6 g .,19 25 M
A
N
11212
b.
St.
L.
A
San
F
r.—6
g.,
OLB.190b
11134
Jan. 1 1 2 Jan.
J
A
D
123 b. 124 Jan. 125 Jan.
Ohio. St. P. M. A 0 .-6 8 ....19 3 0
6 g„ Class 0 ...................... 1906 M A N 112i2b. 11 2 Jan. 1 1 2 Jan.
Cleveland A Canton.—5s.. 19 17 J A J 75 b. 79 Jan. 90 Jan.
J
A
J
102i2b.
General
mortgage,
6
g
..19
3
1
1
0
1
%
Jan. 102 Jan.
0 .0 . C. & I.—Consol., 7 g .19 14 J A D *125 b. 119 Jan. 120 Jan.
Cons. gnar. 4s, g..............1990 A A 0 40 a.
General ooneol., 6 g....... x934 J A .1 120 b.
M
A
N
St.
L.
So.
West.—1st,
4s,
g.1989
7314
70
Jan.
7 3 % Jan.
0.
0.C.ASt.L.—Peo.AE.,4s.I940
A A O 80 a. 7 9 % Jan. 80 Jan.
28 b. 2 4 % Jan. 2 9 % Jan.
2d ,4s,g.. Inoome.......... 1989 J A J
Income,4s____ . -.-.-.--.1 9 9 0 April. 20
20 Jan.
23 Jan. St.P.M.AM.—Dak.
M
A
N
119
b.
Ex,,
6
g
.19
10
1
1
9 % Jan.
1
1
9
%
Jan.
Col. Coal & Iron.—6 g.......1900 F A A 98 b. 9 4 % Jan. 100 Jan.
Istoonsol., 6 g ................. 193o J A J *120 b. 1 1 7 Jan. 120 Jan.
Col. A 9th Ave. gu. 5s, g ... 1993 M A 8 l l l % b . 1 1 1 % Jan. 114 Jan.
J
A
J
lO
l^
b
.
“
reduced
to
4
%
g..
102
Jan.
1
0
1
%
Jan.
M19
A 38
001.
H.YaLAXoL—Con.,5 g.
1 86 b. S3 Jan. 88% Jan.
Montana Extension, 4 g.1937 J A L> 86 b. 87 Jan. 88 Jan.
General, 6 g............. - ...1904 J A D 88 a. 80 Jan. 88 Jan.
J
A
J
SanAnt.A
A.P.—l8t,4g.,gu.,’43
5
6
%
a.
5
6
%
Jan.
5 1 % Jan.
Denver & Rio Gr.—1st, 7 g. 1900 M A N '1 1 2 b. 1 1 0 % Jan. 11 2 Jan.
A A 0
1st oonsol., 4 g.................1936 J A J 8912
83 Jan. 89% Jan. Sav. Fla. A West.—Ist,6g.l934 M
A
N
92
b.
So.
Car.
A
Ga.—1st,
5
g----1919
Jan.
94
93 Jan.
Dul. So. Sh. A Atl.—5 g.. .1937 J A J 95 a. 95 Jan. 95 Jan.
J A J 94 b. 9 4 % Jan. 9 4 % Jan.
Ft. W. A Deny.City.—6 g.. 1921 J A D 67
64 Jan. 6 7 % Jan. So. Pacific, Ariz.—6 g .. 1909-10 A
0 109 b. 10 8 % Jan. 109 Jan.
Gal.H.A8anAn.-M.AP.D.l8t,og M A N
9112
91 1/} Jan. 93 Jan. So. Paoiflo,0al.—6 g ....1905-12 A A
A O 90 b. 9 1 % Jan. 9 2 % Jan.
1s t oonsol.. gold, 5 g....... 1937
Gen. Eleotrio, deb. 5s, g ... 1922 J A D 8634a. 85 Jan. 87 Jan.
1 0 1 % Jan. 104 Jan.
Hons. A T.Cent.,gen. 4s,g.19 2 1 A A O 70 a. 69 Jan. 69% Jan. So. Paoiflo, N. M.—6 g....... 1 9 1 1 J A J 104
877s Jan. 9 1 % Jan.
Illinois Central.—4e,g— 1953 M A N 100 b. 99 Jan. 100 Jan. Southern—1st oons. g., 5s. 1994 J A J 9 1 %
M
A
S
E.
Tenn.
reorg.
lien4-5s.1938
90i2b. 91 Jan. 9 1 % Jan.
Western Dines, lst,4 s,g .l9 51 F A A *103 12a. 103 Jan. 10 3 % Jan.
E .T . V. A G .—1st, 7 g ...1900 J A J 108%a. 107 Jan. 108 34 Jan.
Int.AGreatNor.—1st,6 g.1919 M A N 116 b. 1 1 5 Jan. 116 Jan.
Con.5 g .. . . . . . . . . . .....19 5 6 M & N 105%b. 105 Jan. 107 Jan.
2d 4-5a.............................. 1909 M & 8 7 1 %b. 70 Jan. 72 Jan.
Georgia Pao. 1st 5-6s, g .1922 J A J 1 1 2 b. 110 Jan. 11 4 Jan.
Iowa Central.—let, 5 g__ 193s J A D 92 b. 90% Jan. 9 2 % Jan.
Knorv.
A Ohio 1st 6s, g.1925 J A J 1 1 5 a. 11 4 Jan. 1 1 4 Jan.
Kings Co. Elev.—1st, o g ..l9 2 5 J A J 70 a. 70 Jan. 71 Jan.
Rich. A D anv. oon. 6s,g .19 15 J A J 116 b. 1 1 5 Jan. 118 Jan.
Laolede Gas.—1st., 5 g ..-.19 19 Q - F
93 Jan. 96 Jan.
9512
J A J *110 b. 1 1 3 Jan. 1 1 3 Jan.
West.No.Car.l8toon.6s,gl9l4
Lake Erie A West.—5 g__ 1937 J A J 1 1 3 b. 113 Jan. 114 Jan.
J 113
L.
Shore.—Con. cp., 1st, J7s.A1900
112 Jan. 115 Jan. Tenn.O. I. A Ky.—Ten. D.,lst,6 g A A 0 85 b. 89 Jan. 89 Jan.
J
A J 87 %b. 89 Jan. 91 Jan
Birmingham D iv., 6 g ..,19 1 7
Consol, coup., 2d, 7s.......1903 J A 1) 119 b. 118 Jau. 119*% Jan.
Lex. Av. & Pav. F. gu. os,g. 1993 M A 8 1 1 1 % 1 1 1 Jan. 11334 Jan. Texas A Paoiflo- 1st, 5 g..200U J A D 86
8 1- Jan. 8 6 % Jan.
2d, inoome, 5 g ................ 2000 Marob 2 1 %
18 Jau. 2 1 % Jan.
Long Island.—1st con., 5 g. 1931 Q-J 1 1 7 b. 1 1 7 % Jan. 119 J an.
General mortgage,4 g ..19 3s J A D 95 a. 97 Jan. 98 Jau. Toledo A Ohio Cent.—5 g. 1935 J A J lU6i*2b. 10 5 % Jan. 106 Jan.
Louis. & Nash.—Cons., 7 s .1898 A A Ol 106 %b. 105 3i Jan. 10 7 % Jail. ToL St. L. A Kan. O.—6 g .,19 16 J A D t 74 a. 1 7 1 Jan. t74 Jan.
N .O. & Mobile, 1st, 6 g .. 1930 J A J 1 1 5 b. 118 Jan. - 118 Jan. Union Paoiflo—6 g .............. 1898 J A J 10234 10 2 % Jan. 10 5 % Jan.
Ext. sinking fund. 8........1899 M A S
93 b. 90 Jan. 94 Jan.
“
“
2d, 6g.,193u J A J 10 1 a. 97 Jan. 97 Jau.
Collateral trust, 4 % ........191b M A N *t40 1).
General, 6 g..................... 1930 J A D 114 b. 114 Jan. 114 Jan.
Gold 6s, ooi. trust notes. 1894 F A A 96 b. 9 3 % Jan. 97 Jan.
Unified, 4 g ................... 1940 J A J 70 %b. 7 1 i2 Jan. 7 7 % Jau.
Kan. Pao.-Den. D lv., 6 g.1899 M A N 10S a. 106 Jan. 107 Jan.
Louis. N. A. A Oh.—lat.,08.1910 J A J 11 2 b. 1 1 1 7! Jan. 112 is Jan.
Istoonsol., 6 g ............. 1919 M A N t 7 1 b. 170 Jan. 174 Jan.
Con80l . , 6 g .......... .
19 L6 A A O 10 1 a. 99% Jan. 10 0 % Jan.
Oregon
Short Line—6 g.,1922 F A A 106
uoo Jan. 10 6 % Jan.
Loais.Bt. L. A Texas.—6 g. 1917 F A A 5 1
5011 Jan. 57 Jau.
Or.S.L.AUt’hN.—Uon.5g.1919 A A O t 60
Manhattan oonsol. 4a........ 1990 A A O 98 a. 9 7 % Jau. 98% Jan.
1 5 1 Jan. teo Jan.
U.P.Den.AGulf.oon., 5g.l939 J A D 3 6 %
Metro. Elevated.—1st, 6 g.1908 J A J 1 1 5 b. 116 % Jan. 118 Jan.
3 1 % Jan. 36 7 Jan.
2d, 68.................................1899 M A N 106 %b. 106 Jan. 106 ^ Jan. U. S. Cord.—1st ooL, 6 g .,1924 J A <J t 29 b. I 30 Jan. t 32 Jan.
Mloh. Cent.—1st, oons., 7s. 1902 M A N 118 %a. 1 1 7 % Jan. 119 Jan. Virginia Mid.—GernM., 58.1936 M A N 98 b. 97 Jan. 99 Jan.
Wabash—1st, 5 g.................1939 M A N 10 4 % 10 2 % Jan. 10 4 % Jan.
Consol., 5 b ........................1902 MAN 104 b.
2d mortgage, 5 g..............1939 F A A 7 6 %
MIL LakeSb. AW.—lat, 6 g. 1921 M A N1 13018 12 9 % Jan. 1301s Jan.
69 Jan. 77 Jan.
Extern A Imp., 5 g..........1929 F A A 11231b. 113 Jan. 113 Jan. West. N. Y. A P a.—1st,5 g.1937 J A J 106 b. 10 5 % Jan. 1 0 7 % Jan.
A
A
0
44
Jan. 46 Jan.
457sb.
Gen.
2-3-4s,
gold.............1943
M
A
N
Minn. ASt. L.—1 st con.5s,g. 1934
98 b. 9 6 % Jan. 99 Jan.
Mo. K . & K —1st 5B,g.,gu.l942 A A O 89 %b. 86 Jau. 90 J an. West. Un. Tel.—CoL tr. 58.1938 J A J 105 %b. 10 5 % Jan. 10 6 % Jan.
J
A
J
t 4 1 78 Ja n
Wiso.
Cent.
Co.—1st.
5
g
.,1937
1
3
7
%
Jan.
J
A
Di
M. K . A Texas.—1 st, 4s, g.1990
t 4 1%
84
80 Jan. 843* Jan.
N o te .—:“ b” indicates pnoe bid; “ a ” price asked; the range is made up from aetual sales only. * Latest prloe this week, t Trust receipts.
Amer. Cotton OU.deb..8g.l9O0l Q - F
Ann Arbor—1st, 4s, g----- 199J % —J
At,Top.AS.F.—100-yr.,4g.l989 I j J
3-48. Ol. "A ” 1st install"}. 89 A & O
New Ken.
w^on is s u e d .-............
Adjustment 4s, when l99}l/ '4- „-r -v
OoLMldland—Cons., 4 g.1940 F A A
AtL A Pao -G u a r ..4 g ....l9 3 7
Brooklyn Elev.—1st, 6 g .-lJ J 4
Onion E le v a t6 d .-b g .--.lJ J 7
B’klynWhrfAW.H—l8t,58,g. 45
Canada Southern—1st 5 b 1908

NEW YORK STOCK EXCHANGE PRICES—(Continued).—TAMOTZF-B BONDS—JAN U ARY 31 ,
SE C U R IT IE S.

Bid. Ask.

Railroad Bonds
(Blast Exchange Pricer 6

Alabama Mid.—1st, g., gnar 1928
A.T. AS. F —2d, is, Class B. 19 89
Chioago A St. Lou.—1st, 6s. 1 5

Oil. Mid. 1st, (L, bs......... ...1938
Atl. V Pao.—2d W. D.,gu. 68.1907
Western Division lndorae..,19l0
1
Balt, fc Ohio—1st.6s,Park B.1919 *110

S E C U R IT IE S .

Balt. A CHiio->5s, {Old.......... .1925
Jjn s. mort., sold, 58............1988
W .Va. A Pitts.—lat, g., 5s.. 1990
B. A O. 8. W,, 1st, g., 4%S...1990
Monon. River, 1 s t g.,g. 5s . ..19 19
Oent’lOhio Reor.—1st. 4 % s .1930
Ak. A Ch. Juno.—I8t,g,58,gn.l930
Brooklyn Elevated—2d. 5s. ..19 15
2% Seaside A B.B.—lsr,K.5s,KU.1942
119 Brnnsw ok A W'n—1st, g. 4s, 1938

Bid. Ask.
95
*108%
. . . . . . __

S E C U R IT IE S .

Baft. Rooh. A Pitts.—Gen., 58.1937
Rooh. P., 1st, 6s............... 19 2 1
Rooh. APitts.—Oons.lst, 68.1922
Bull. A Susqueh.—1st, 5s, g ..l9 1 3
Bari Ced. Rap. A No.—1st, 58.1906
*io’2 108
Consol. A oollat. trust, 5 s ...19 3 4
Minn1 A St. L .—1st, 7s, gu.,19 27
Iowa C. A West.—1st, 7s__ 1909
75
* ___ 85
Ced. Rap. I , F A N., 1st, 68.1920
1st. 5 s ....... — - ---------.19 2 1
......... .......

Bid.

Ask

95 100
12 3 126
11 6
95
10 5
10 0 %
100
100
90

THE CHRONICLE.

February 1, i>i»6.J

225

SEW fOBR. STOCK. EXCHANGE PBICES.—INACTIVE BONDS—{Continued)—JAN UAR1 31.
SECURITIES.

Bid.

Ask.

SECURITIES.

Bid.

Ask.

SECURITIES.

'Cl
:co

C.Ohlo—Col. ACln.M\lst,4>*s.l938
93
F.
A.P.M.—1st. con. gold, 5s..1939
90
Norfolk A South’n—1st, 5s,g.l941 105 110
9 1 % Norfolk A West.—General, 68.1931 114
95 1 Ft. Huron Div.—1st, 5 s ___1939
Cent. RR. * Back. -Col. g.5 s. 1937 9 0
Cent, of N. J.—Conv. deb., 68.19081
Fla. Cen A Pen.—1st g. 5s__ 1918
New River 1st 6s................ 1932
1st con. g., 5 s ....................... 1943
Imp. A Ext., 6s..................... 1934 104
Oent Pacific—Gold ootids, 6?.1896 100
61
Gold bonds, 6 a.................. ..1897 100
Ft. Worth A R. G .-ls t g., 5s..1928 * 5 5
AdiustmentM., 7 s ............... 1924
San Joaquin Br., 6s..............1900 107
Gal. Har. A San Ant,—1st, 6s.1910
Equipment, 5s....................... 1908 *70"
2d mort.. 7s....................... ..1905
Clinch Val. 1st. 5s.................1957 51
Mort. gold 5s........................1939
Land grant, 5s, g............. ...1900! 9 1
Ga. Car. A Nor.—1st, gu. 5s, g.1929
66
Md. A Wash. Div.—1st,g.5s.1941 60
Grand Rap. AInd.—Gen. 5s.. 1924 ......... . . . .
Cal. AO. Div., ext., g. 5s...1918
Roanoke&So.—1st, gu. os, g.1922
West. Pacific—Bonds, 6a___1899 io m : : : : : : G. B.W. A 8 t, P.—1st, con. 58.1911
8oloto Val. A N. E .—1s t,4s,.1990 *84“ 86
No. Railway (Cal.)—1st, 6a. 1907
2d Inc. 4s............................... 1906 * m
Ohio A Miss—Consol. 7 s ........ 1898 103 1031*
50-year 5s................
1933; 91~
Housatonic—Cons, gold 5s__ 1937 1 2 1
2d consol. 7 s ........................ 19 1 1
Obes. A O.—Pur. M. fund, 6 s. 1898; 104 ** 105
N.HavenADerby, Cons.5s..l918 1 1 2
Spring.Div.—1st 7s...............1905
93
Hous. AT. C.—Waco A N. 7s..1903 1 2 5
Craig Valley—1st, g., 5s---- 1940,
General 5s..............................1932
Warm 8pr. VaL, 1st,g. 5s.. 1941 j .. . . ......
1st g., 5s (int. gtdi............... 1937 10-<
Ohio River R R .—1st, 5s..........1936 102 1031*
Gen. g.,5s .............................. 1937
Cass. O. A 80.West—1st 6s, g,1911i
Cons. g. 6 s (Inc gtd)........... 1912 1 0 2 4
90
Debent. 6 s, prin. A int. gtd.1897
3d, 6s......................................1911
Omaha A 8L Louis.—1st, 4s..1937 * 5 0
90
Ob. V.-Gen.oon.lst.gu.g,5s.l938
Debent. 4s, prin. A int. gtd.1897 8 0
Oregon A Califor.—1st, 5s, g.1927 82
........
Illinois Central—1st, g., 4s ...1951 1 0 5
Chicago A Alton—8. F., 6s---- 1903 lie*
Oreg. Ry A Nav.—Col.tr. g..5s,1919
Louis. A Mo. River—1st, 7 S .1 9 0 0 n o
1st. gold, 3%s.......................1951 * 9 9 % 1 0 0
Penn-P.C.C.ASt.L.Cn.g.4*4sA1940 103
Gold 4s.................................. 1952 100
3d, 7 s ................................................ 1 9 0 0 *106
Do
do
8eries B ........ 103
*102
Cairo Bridge—4s.................. 1950
P.C.A8.L.-lst,0.,7s...............190b
105**
Bpringf. Div.—Coup., 6 s___1898
Pitts. Ft. W. A C.—1st, 7 s...19 12
Chlj. Burl. A Nor.—1st, 5s....1926 104 '
Middle Div.—Reg., 5s......... 1921
2d, 7 s ................................. 19 12
Debenture 6s............. ..........1896;
C. 8t. L. A N. O.—Ten.1., 78.1897
3d, 7 s................................... 19 12
Cblo. Burling. A Q.—5s.s. f.. 1901 100
1st, consol., 7s................ ..1897
Ch.SLL. AP.—1st,con.5s,g... 1932 115
121
low a Dtv.—Sink, fund, 5s. .1919; 100
Gold, 5s, ooupon............... 1951
Clev. A P.—Cons., s. fd., 7s. 1900 117
Mernp. Div., 1st g. 4s...... 1951
Sinking fund,4s...........
1919; *98
Gen. 4*48, g., “A ............1942 106
Plain, 4s................................ 1921 ........ ........
Ced. Falls A Minn.—1st, 7s..1907
8t. L .V .A T . H .—1s t ,6s., 7 b . 1897 *1011*
125
Chicago A Iowa Dtv.—5s... 1905 10O 107*,
|
2d, 7s................................... 1898
Gnio. A Indiana Coal—1st 5s.1936 994
. Ind. Ills. A Iowa.—1st, g, 4s.. 1939 84
2d, guar., 7s........................1898
Cbl. Mil. A St. P —let,8s,P.D. 1398
1st, ext., g. 5s........ .............1943
G d.R.AI.Ext.—1st, 4*43, G.g. 1941 *106
20
•d, 7 3-10s, P. D..................1898 n r
Int. A G. N’n.—3d. 4s, g ...... 1921
Peo.AE.-Ind.B.AW .-lst,pf.7s.l900
70
1st, 7s, $ g „ R.D.................. 1902 1113*1 125 ;; Kings Co.-F.El.,lst,5.g.,gu. A. 1929
Ohio Ind.AW.—lstpref. 5s.. 1938
Lake Erie A West.—2d g., 58.1941 K)0‘9|io i 7e Peoria A Pek. Union—1st, 6s. 1921 110
1st, I. A &., 7s......................1897 122 124
1st, I. A D.,7e......................1899 122 124 L. 8. A M.80U.—B.AE,—New 7s.’98 1 0 6
1 2d mortg., 4*43..................... 1921
60
1st JO. A M.,7s......................1903 124 126
Pitts. Cleve. A Tol.—1st, 6s. ..1922
Det. M. A T.—1st, 7s........... 1906
1st, I. A D. Extension. 7 S . - . 1 9 0 8 1274 130 ; Lake Shore—Div. bonds, 7 8 . 1 8 9 9 109
Pitta. A L. Er.—2 d g. 5s, “A " .1928
Pitta. Mo. K. A Y .—1st 6a___ 1932
Kal. All. A G. R.—1st gu. 5 S .1 9 3 8 109
1st, La C. A Dav., 5 s ....... 1 9 1 9 105
95
1st, H A D .,7s.................... 1910 122
Pitta. Painav. A F .—1st, 5a... 1916
Mahon'g Coal RR .-lst, 5 8 . 1 9 3 4 1 0 9
1st, H. A D .,5s.................... 1910, 102
Pitta. Sheii. A L .E .—lat,g.,5a. 1940 7 0
! LehighV..N.Y.—1st g u - g . 4 t 4 S . 1 9 4 0 101 >4
Chicago A Pacific Div., 6s..1910; 1144
let consol. 5a.........................1943
113
78
103
Pitta. A West.—M. 5a, £.18 9 1-19 4 1
l.ltchf. Car.A West.—1st 6s. g.1916
a A L. Sup. Dir., 5s............1921; 1064
Pitta. Y ’gat’n&A.—1st, 5a,con. 1927
70
m **
Rio Grande 8o.—1st, g., 5a... 1940
IJtlic Rock A M.—1st, 5s, g..l937
8 t.Jo 8 .A G r la.—2 d iu c........1925
Long Island—1st, 7s............... 1898 105*4
Dakota A GL South., 5s....1916 105
Kail. C. A Omaha—1st, 5s.. 1927
Ferry, 1st, g., 4>«»...............1922 9 2
95
MIL A Nor. main line—6s. ..1910 1U 116
St. L. A. A T . H .-re r m . 5 a ..1914 104 1045s
Gold 4s..................................1932
Oxlc.ANorw.—30-year deb.5».' M l 107 1074
Beilev. A So. 111.—1st, 8a...i896
N. Y. AR ’way B.—lst.g. 5s.192
Eacanaba A L. 8. 1st, 6s___1901
Bellev. A Car —1st, 6a.........1923
2d mortg., lo o ..................1927 *37*4 43
DesM. A Minn.—1st, 7s....1907
N. Y.AMan. Beach.—1st, 7s, 1897
Chi.8LL.APad.—lat,gd.g.Ss 1917
Bt. Louis So.—1st, gd. g. 4a. 1931 *86
........ .................... . 12’ i*
N.Y.B.A.M.B.—lstoou.5s,g.l935
do
2d Income,5a.1931
Peninsula—1st, conv.,7s...1898 ........ |.........jj Brookl’ nAAIontauk—lst,6s.l911
Car.
AShawt.—1st g. 4 s ....1932
Ohio. A Milwaukee—1st, 74.1898* 105
1st, 5#............................... 1911
Win. A 8L P.—2d, 7s............1907, ....
Bt. L. A S. F .—2d 6a,g., ol. A . 1906 112»*
( No. Shore Br —1st eon.5s,g.l932
92
General 5a.............................. 1931 91
MIL A Mad.—1st, 6s..............1905 . . . .
. Louis. Evans, A St. L-—Con.5s. 1939
85
let, trust, gold 5s............... 1987
Ott. C. F. A St. P.—1st, 5s. 1909 *105
1Louis. A Nash.—Cecil. Br. 7s..1907 ’ 1 0 6
Kan.
City
A
8
1st,
6a,
g..
1916
Northern I1L—1st, 5s_____ 1910 105
1
1
3
.
E. H. A Nash.—lsl 6s, g.,.,1919
Mil L. 8.AW.—Con.deb.,5s. 1907
Ft. 8. A V. B. Bg. -le t , 6a. .19 10
Pensacoia Division, 6s........1920 100
Kansas Midi ana—1st, 4s, g.1937
Mich. Div., 1st, 6s............. 1924
I St. Louts Division, 1st, 69..,1921 121
St. Paul City Ry, oon. 5s, g ..,1937
Ashland Division—1st, 6s 1925
06
2d. 3s................................. 1980
Gold
5a, guar....................... 1937
Cb.R.l.AP—D.M.AF.D. 1st 4». 1905
.! Nashv. A Decatur—1st, 7s.. 1900 1 0 8
St. Paul A Duluth—let, 5a__ 1931
1st, 2*a«..............................1905 62
65
8 . f.,6s.—8. A N. Ala............1910
..
2d
mortgage
5a......................1917 100
Extension, 4s..................... 1905)
II 10-40, gold, 6s..................... 1924
Keokuk A Dea M.—1st, 5s. . 1923 *102*4 107*t
50 year 5s, g.........................1937 *98 103 8L Paul Minn A M.—lat, 7a.. 1909
2d
mort.,
6a............................
1909 i i ’<34 118
•
10014
Chic. 8t. P. A Minn.—l4t,6s. ..1918
Pens. A At.—1st, 6 s. gold...1921
103
Mlnneap. Union—lat, 6a__ 1922
St. Paul A 8. C.—1st, 6s.......1919
i '2 8 j Collat. trust, 5s, g ............... 1931 9 8
M
oul
Cen.—lat,
guar.,
6a..
1937
Ohio. A W. Ind.—1st, s. f., 6s. 1919
L. A N. A Mob. A Mont.—
100
lat guar. g. 5a.................... 1937
General mortgage, 6s..........1932 1 1 7 '
1st, g., 4 *4*........................1945
East. Minn., lat div. lat 5a. 1908 104
Nash.Ftor.A8 .—1st, gu., 5s.1937
Cln Ham. A D.—Oon.a. f., 74.1905 1 1 8 *4 ! ____
WilmarASiouxF.—lat, g,5a.l9 J'r
3d, gold, 4*sa.........................1337 *103 104*4
Kentucky Central—is, g ...1987 87*4
San Fran. A N. P.—lat, g., 5a. 1919 *98%
Cln. 1). A Ir'n—1st, gu. 5s, g. 1941 105*4 108
Lou.AJeff.BdgeCo—Gu.g,4s.l945
Southern—Ala. Cent., lat 6a.1918
Clev. Ak. A Col.—Eq. A 2d 64.1930
LomN.Alb.ACU.—Gen.m.g.5s.l940
Atl. A Char.—lat, pref., 7a.. 1897
C.C.C. A 8 L L., Cairo div. —4s, 1939
Memphis A Chari.—6s, gold..1924
Income, 6a......................... 1900
St-Lou.Dtv.—lstcol.ta't4s,g. 1990
92-* 1st con. Tenn Hen, 7s.......... 1915 *110 113
Coluin. A Green.—lat, 5-6a.l916
SprtngACol.DIv.—lst,g.4s. 1940
Mexican Cent. Consol.—Is, g.l91L
90
E. <'eun. V. A Ga.—Di7la.5a 1930 *111
WhlteW.VaLDlv.—lst,g. 4s. 1940
1 st, cons, income 3s, g.........1939
........
Kioh.A Dan.—Eq. a. f. g. 5a. 1909 9 8 4
Otn.Wab.AM.Div,—lst,g.4s-1991
93 ; Mex. International—1st, Is,g. 19-12
99
Deben. 5a, stamped........ 1927
Cln. I. 8L I>. A C.—Ist,g.,4s.l936 95*4 ........ ;Mexican National—1st, g., 68.1927
ViPa Mid.—Serial aer.A, 6a. 1906
Consol, 6 s ........................... 1920
...... ; 2d, Income, 6 s, " A " ..............1917 37
Series B, 6a......................... 19 11
Cln.8an.ACL—Con.l#Lg.5s, 1928 103*4 .......
2d. Income. 6s, " U "...........1917
74
8eriea C, 6a......................... 1916
C. Col Cln. A Ind.—1st, 7s,s.f.l899 106 ___ ! Michigan Central—6s..............1909
Series D, 4-5a....................1921
Consol, sink. fund. 7s..........1914
........ [ Coupon, 5s...............................1931 114
Series F , 5a.........................1931
Cin.A8pr.-ist,C.C.C.AI.7s,19ol
114*4
Mortgage 4s.........................1940 102
I Waah.O.AW.—lat our.gu.4s.1924
Cleve. Lorain A Vt h.—1st, 5s. 1933 * 1 0 6 106*4 But-C.AStrgls.—Ist,3s,g.gu.l989
Ter. RR. Aa’nof St. L .—
Cleve AMah. V.—Go'd.5S...193S 112 118 [Minn.A 8t. L —1st, g. 7s........ 1927
141
Del. Lack. A W.—Mort. 7s___1907 * 1 3 0 ........
...19 3 9
Iowa Extension, lst,7s......1909
124 I lat, 41*8..................
103
lat, oon. g. 5a.............. 1894-1944
8yra. Bing. A N. Y.—1st, 7s. 1906 127*4 | Southwest Ext.—1st, 7s......1910
125
8t.L.Mer.Br.renn.,g.5s,gu..l93u
Morris A Essex—1st, 7s___1914
142 | Pacific Ext.—1st, 6 s ....... ..1921
Texas
A
New
Orleans—lat,7a.1905
Bonds, 7s...............
1900
115 Mo.K.ATex.—1st, exL, 5s, g.1914
Sabine Division, lat, 6a.......1912
Teof 1871.......................... 1901
Mo.K.AT.of Tex. 1st,gu.5s.g. 1942
80
1943 92
lit, con., guar., 7s........... 1915 139 140
Kansas City A P., 1st,4s,g..1990
70*, ! Consol. 5a, g.................
.....
Warren -2d, 7 s .................... 1900
Dal. A Waco—1st, 5s, gu..,.1940 76 ...... Tex. A Pac., E. D.—1st, g. 6a. 1905
D.
AlI.Can.—Pa.Div.,ooup.7».1917
Missouri Pacific—Trust 5 s...1917
84 Third Avenue (N. Y).—let 5s, 1937 1 1 7 "
A oany A 8usq —lst,gn.,7». 1906
1131 j| 1st 00U., 5s, g......................1920 70
72 T.AO.C.—Kan. A M., Mort. 4s. 1990 77
774
1st, cone., guar., 6s......... 1»06 1 1 8
........I Bt L.A1.M.-Ark.Br.,1st,78.1895 1004 102 Tol. P. A W.—lat 4a,ino.f’d.cou. J uly
Ulster A Del.—lat, oon.,6.,5a.1923 * . . 103%
Reus, a ear. lot, coup., 78.1921
! ........ I Mobile A Ohio—1st ext,, 6s...1927
102
Umou Paoiho—let, 6s............189b
Denv. Tramway—COns. 6s. g. 1910
1........| 8t. L. A Cairo -4 s, guar.......1931
lat, 6a..................................... 1897 102
Metropol. Ry.—iat,gu. g.6s,19ll
. . . . Morgan’sLa. AT.—1st,6 s....1920
lBt, 6a.................................... 1899 1034 106
Denv. A R. G.—Imp,, g., 5s... 1928 85 j
*124
Collateral Trust, 6a..............1903 *93
Det-M. A M.—L. g. 3*4sp»r.A.l9U
19 20 " Nash. Chat. A 8 t. L.—2d, 6 s.. 1901
Collateral
Trust, 5a..............1907 *75
Det- A Mack.—1st lien, 4s,g..l995
N. O. A. No. fc. -Pr. L, g„ 6s..1915
Kaunas Paciiio—lat 6a, g ...l8 9 5 *1034
4s, gold..................................1995 go"
N. Y. Central.—Dell. g. 4s---- 1905 ioi* ........
1st, 6a, g.............................. 1896 *1054 ........
Ounitn at Iron Range—1st Ss.1937 ........ .......
102... N. J. June—Guar. 1st, 4s...1986 *102 104 4
C. Br. U P - F . o., 7a..........1895 <*r
Erie—Is., extended, 7s..........1897 105 ! .......I Beech Creek—1st, gold, 4s..1936
104
45
Atcli. Col. A Pao.—lat, 6a... 1905 *
24, extended, 5s....................1919 l U V . . . . I Osw. A Rome—2d, 5s,g.,gu.l915
40
Atoll. J. Co. A W.—lat, 6a... 1905
3d, extended, 4*es.................1923 105*41........;! Utica A Bl. Riv.—Is, g., gu.1922 100
‘
31
U. P. Liu. A Col.—lat,g., 5a. 1918
4th, e ctended, 5s................. 1 920 113 | ........ | N. Y. A Put.—Ist.g., 4 s. gu. 1993 100
........
Oreg.8.L.AU.N.,col.trst.,5s.l919
5th, extended, 4a.................. 1928 100 103 N. Y. N. H. A H.—1st, rev. i s .1903
Utah A North.—lat, 7a........1908
1st, con., g., rd, 7 s ............. 1920
.......j .. J|ti. Y. A Northern—1st, g. 5s..1927 115
.......
Gold, 5a...............................1926 bT*
__
B. N. Y. A E.—1st,______________
7s..........1916 . 126 ........ ;N. Y. 8 usq. A West.—2d, 4*48.1937
88
65
Utah
Southern—Gen., 7a ..1909 •as
4. Y.L.F..AW.—Fad.cou. 5s.I9eil ....... ........ j! Gen. mort., 5s, g............................1940
76
80
65
Exten., lat, 7a.......... ,....19 0 9 *08
Col. trust, 6 s........................ 1922 ........ ........ 1 Wllk.A East —Ut,gtd.,g.5s.l942
90
Valley
K
’y
Co.
of
O.—Con.
6a.
1921
Buff. A 8 .W .—Mortg. 6 « ....1908 *102%' ___ iNorthern PacitloSer. A.. 1939
50
Jsflerson—1st, gu. g. 5 s ___1909 *103 >».........1 Divid'd sorlp ext,...........................
..... Wabash—Debenture,
2178
Debeuture, Serioa Ji............ 1939
James River Val.—1st, 6s...1936
Coal A BR.—6s.....................1922
. . . ...
Det. A Chic. Ext. lat, 5a. g..l940
994
Spokane A Pal.—1st, 6s ..... 1936 •7*i" ■7 9 "
Dock AI inpt., 1 st 6e. our*oy,19i3 104 ....
105
41
U.K.C.AN.—St.C.Bdge6*.1903
8 '.Paul A N. P.—Gen., 6s..1923 122
1st, con.g,4s,prlor bonds..1896 93 100
West N.Y.A Pa.,geu.g. 2-3-4a .l943 457e
Evans. A 1 . H.—1st, oons.,6s.1921
HdenaARedM’a—lst,g.,6s.l937
Income ................................. 1943 154
DuluthAManitoba—lsl ,g.6sl936 72' ........
1st, general,g., 5 s ............... 1942
ML Vernon 1st 6 s ............ 1923
Dul.AMan Dak.Div.-lst6s.1937 72 ........ WeaL Va. C. A Pitta.—lat, 6a. 1 9 1 1
Wheel.AL.E.—1st.
5a, gold...1926 1 0 1 *«
Sul. Co. Br. 1st, g„ 5s....... 1930
Oteur d’Alene—1st, 6 s, gold. 1916
Extension A Imp, g., 5a.....19 30 . . . . .. .. . . . .
Evans. A Indian.—1st, cons..1926
Gen. lst.g., 6 s................... 1938 ........ .......
7
.......I Wia. Cent, income 5a...............1937
Pent. Washington—lst.g..68.1938
Flint A P. Mara. —Mon., 6s...1920
" No price Friday; these are the latest quotations made this week. Vor vtlaeellaneoue a n d Unlisted Bond»«-See 3d page preoedingj

THE CHRONICLE.

226

Jmrestweul

R oads.

AND

R ailroad Intelligence.
RAILROAD EARNINGS.
The following table shows the gross earnings of United
States railroads (and also a few Mexican and Canadian roads)
fo r the latest period reported. The statement includes every
fcTEAit road from which regular weekly or monthly returns
can be jotamed. The lirst two columns of figures give the
gross earnings for the latest week or month, and the last two
col Limns the earnings for the calendar year from January 1 to
and including such latest week or month.
The retu rn s o f the street ra ilw a ys are n o t included in this
table, bu t a re brought together sep a ra tely on a subsequent p a g e.
Latest Gross Earnings.
BOADS.

WeekorMol 1895-G.

1894-5.

Jan. 1 to Latest Late.
1895-6.

1894-5.

$
155,492
180,461
Adirondack.......November.]
84,675
80.055
Aia.Ot,801110-.- »d wk Jan.
511,885
506,518
Ala. Midland.. - November.I
2,560,083 2,176,708
Allegheny Val.. December.
59,814
51,636
Aim Arbor........3d wk Jail.
88,890
97,850
Am . Midland... November.
28,600.934
20,000,36
703,083
Atoti. T. «Sc S. Fe Itliwk Doc
160,04 6,005,1.7 6,001,861
St. L. & San F. 4th wk Dec
86.831 3,724,023 3,187,789
Atlantic A Pae itb vvk Dec
956,861 38,729,53 37,889,584
Agg. total... Ith wk Dec
448,402
443,100
48.101
Atlanta & W. P. November.
29,317
29,711
10,823
Atlan. at Dauv.. 3d wk Jan.
230,741
222,559
22,498
Austin <St N’ wc*i November.
Balt.Ches.A Act. December.
43,550
: 1,440,596 17,781,634 16,998,072
B.vfeO. East Lines December.
434.280 5,665,085 4,763,235
Western Lines!December.
! 1.874.876 23,446,719 21,761,907
Total...........Docember.
318,7 8
Bal.&O.Sou’ w.. 3d wk Jail.
313,255
124,463
677,160
337,785
BaugorAAroost. November.
44,516
32, 80
31,316
4,125
B ath * Ham*nd« November.
21,124
23,178
Bir. A Atlantic.. December.
1.511
60.742
Brooklyn Kiev.. 4th wk J
482,747
487 032
48,413
Brans w’ kAWes I No vein ber.
167,319
101,367
Baft.Rooh.&Pitt 3d wk Jan.
53.789
Buffalo A Susq.. Fr’ mJuiy 1
179,851
257,353
193,112
Bur.0 .Rap.(St N . 3d wk Jan.
68,319
85 \ 115
Camden A Ati-.jNovember.
919,129
43,622
Canadian Pacirh 3d wk Jan.
838,000
274.001 1.047,000
Cape F. A Yad.V. 3d wk Jan.
9,329
46,327
4,746
Car. Midland__ jNovember.
53,371
541,898
Cent, of Georgia No ember.
1,051,590 12,045,474 11,208,532
Central of N.J.. November.
Central Pact lie.. November.
1,149,338 12,003,766 12,106,051
Chariest'n&Sav. INo vein ber.
564,356
47,587 ■ 477,425
”
Cheraw. A Dari.. jsepteino r.
9,04
80,744
59,670
617,525
Chee. A Ohio— 13d wk Jan.
179,505
512,971
Ches.O.&So. W..! December
245,254 2,467,126 2,175,217
151.955 1,808,825 1,692,818
ChlG. Bur. A N o.1November
Chio. Bur. & Q.. November
. 2,589.599 28,927,645 29,054,522
Chic. A East. Ill Id wk J uj
--------275,466
2.31,408
Chicago A Erie. July........
1,350,3*65 1,234,124
Ohio. Ut.West’n 1st wk .Ta
52,116
64,608
Chic. M il.S t.P . 3d wk Jai
1,540,945 1,274.286
Chto.teN’thw’ n. December. :
>31,503,399 29,059,547
Ohlo.Peo.&St.L 3d wk Jam
63,620
58,025
Chic.R’k 1. &P.. December.
15,353,825 16,333,63 >
Ohio.St.P.M.<feu. December.
7,503,764 7,297,619
Chic. & W. Mich 3d wk Jam
71,923
71,791
Clu.Ga.& Ports. October. .
55,407
58,055
Cin.cto Kent. Sou. November.
Cin.Jaok.A Mat?. 3d wk Ja
33] 724
33.778
Cin.N.O. (StT.P. 3d wk Oct.
2,876,001 2,699,000
N. Orl. & N. E. 1st wk Ja
24.000
20,000
Ala. A Vioksb. 1st wk Jan
10.000
9.000
Vloks.SU. <fcP 1st wk Jan
8,000
6.000
Cln. Ports. A V . December.
278,743
253,702
Clarion R iver.. November.
Glev.AKron&Co August__
567,346
592,006
Olev. Can. AtSo.. 3d wk Jan.
30.898
31.365
CLClmCli.<feSt.L 3d wk Jan.
714,463
687,043
Peo. A East’n. December.
1,971,159 1,586,066
Cl. Lot.A Wheel 3d wk Jan.
59,913
54,369
Col. Mldlana— December.
Col. H. V. A l ’oi December.
2,654,483 2,678,246
Col. Sand’ y A H, 3d wk Jan.
42,472
46,889
Colusa <fe Lake . December.
18,920
21,659
Crystal.............. Novembe
8,726
9,878
CumbTd Valley. Novembe
781.192
732.920
Deuv. A Rio Gr 3d wk Jan.
364.700
353,700
Des M. A Kan. C. 1st wk Jan
1,671
1,396
Det. LanB'g&No. 3d wk Jan.
48,415
52,522
Det. A Mackinac November.
336,335
218,436
Dul.AIr’n Range November.
2,155,613 1,500,029
Dulutho.S.ArAu. 3d wk Jan.
84,239
80,970
Elgin. Jol.A East December.
1,172,076 1,034,409
Eureka Spriugs. November.
57,928
63,802
Evans. (fclnd'pliB 3d wk Jan.
17,901
14,623
Evans. A Rich.. 3d wk Jan.
4,670
4,712
ISvansv A T. H. 3d wk Jan.
62,492
51,609
Fitchburg......... December.
7,486,405 6,980,243
Flint A P.Marq 3d wk Jan.
144,552
120,396
Ft.W’th&Den.O. October.
Ft.W. & Rio Gr. 3d wk Jan.
25,893
27,283
Cads. A Att. U. December.
9.328
6,671
QeorKiaRR...... 3d wk Jan.
101,885
70,112
Georgia A Ala.. 3d wk Jan.
35,634
27,308
Ga.CarMa A No December.
770,706
712,160
Geo. So. A Fla.. December.
830,385
879,861
Gr. Ran. & Ina. 3d wk Jan.
93,322
85,263
Cln. R.<k Ft.W 3d wk Jan.
20,048
20,814
fra verse City. 3d wk Jan.
2,855
1,767
Mus.G. R. <fc I 3d wk Jan.
2,500
6,493
5,011
Tot. all lines 3d wk Jam | 44,946
122,718
112,855
Grand Trunk... WkJan.25 305,666
1,198,707 1,153,231
Ohio. A Gr. Tr Wk Jan.18
63,779
184,856
133,554
DetGr.H.&M WkJam l8
10,578
47,502
45,849
Great North’nBt.P. M. a M December 1,492,513 1,152,090 14,890.328 12,346,877
East of Minn.. Decern ber
181,9981 131,0 .1 1,675,382; 1,308,505
Montana Cent. December
138,723| 115,501 1,560,676 1,511,669
Tot. system. December. 1,813,234 1,398,652[18,126,386 15,167,051

[V o l . L X 1I.
. 1 to Latest Date.

Week or J/o

1895-6. I 1894-5.

1895-6. i 1894-5.

*
1
$
9
I
Snlf AChtoaro. December
49,221
4,932;
5,808
40,851;
Hoos.Tun.AWii. November.
37,734
5,009
3.532
48.652
Hous.E.A v.Tex so wk Oct
333,899
19.012
16,800
451,212,
Hum st’nA hen December.
107,100
11.500
8,343
113,325
Illinois Oeiitrat. December 2,094,987 1,751,486 20,491.033 18,345,331
Iml. Deo.AWest •1tli w k Dee
14.140
10,328,
427,034
475.188
1ml. 111. & Iowa November.
60,693,
53,730
703,0081
049,527
in .* Qt. North’ n 3d wk Jam
175,006
79.933
60,090
220,839
llnteroc. (Mex.) Wk Jan. 18
46.442
41.807,
121.104
140,040
39,189,
Iowa Central— 3d wk Jam
114,462
29,234
85.422
Iron Railway
4,405!
4,885
49,442
43,305
-December.
28,687
Jack.T.& K . W. December.
91,304
808,500
387.468
lamest’ n & L. £. Septomb’ r.
4,362
4.265
31,243
33,749
Kanawha* Mlcl 3d wk Jam
27,702
6,673
18,325
10.228
K.C.F.Seott.&M u] wk Jam
81,69 i
230,485)
74,848
210,533
K.C. Menu* Bir. 3d wk Jan.
26,482
57,650
76 027|
23,317
30,000
Kan. C. N. W .... December.
265,585
275,089
17,348
3421
Kan.C.ABeat- December.
434
11,672
4,870!
10,405
K.
C. P itts.A
G ..Jam'
29,470
9,914
27,105
3d wk
•i j00
Kan.C. Sub. Belt 3d wk Jam
13,221
3,606!
9,995
Keokuk A West 2d wk Jan.
5,953
9,159;
11,906
16,432
L. Brie All. A So. December.
0,465
77.455
81.193
6,9 ’ 6
L. Erie A West.. 3d wk Jan.
60,073;
7 4 ! 10
179,122
203,216;
33.704
Lehigh* Hud.. December.
4 07.045
35,240
391,067
Lox’ gtou AEast. November.
14 900
16.453
191.9 7j
Long Island...... 3d wk Jam
48,583
50,6101 163,629
160,353
182,340
14.9 771 145.4201
Los. Ang. Term December.
7,827
Louis.Ev.*5t.L. 3d wk Jan.
23,751
2 1.8 >7
60.156
73.772
Louisv.&Nashv. 3d wk Jan. 383.-85 371.530 1099 220 1,061,380
Louis. N.A.*0h. 3d wk Jan.
152,434)
53.507
145,885
50,288
Lou. 8t.L.*Tex. December.
32,274
39,084
419,636
439,535)
73,439
7,372
7,593
79,114
Mo e o n * Birui.. December.
117.228
0.849
6 2 /0 3
Manlstlque........ December.
3.915
•Memuhls*Chas. 2 l wk Jam
15,063
21,203
31,055
40.5 18
tMexican Cent 3d
_ . wk Jan. 191,204 133,560
503,078
546.981)
Mexican Inter!. No /ember. 231.6L0 187,426 2,378.699 1,959,839
LMex. National. 3d wk Jan.
21 ‘ ,609
74,094
256,341
87,5911
534,4 03
Mex. Nortnerm. November.
54,104
&1.874
624,778
182,9 >7
IMexicauR’ way Wk Jan.18
178,772
58.L88
66.188
8,735
8,735
Mexican So...... 1st wk Jan,
9.370
9,370
80,603
31,381
91,98 *|
27.759
Miuneap.AiSt.L. 3d wk Jan.
101,403
M.
St.P.tScS.St.M. 3d wk 53.453
Jan.
33,194
166,0141
633,112;
6 3,735
Mo. Kan. A Tex. 3d wk Jam 257,380! 231,746
Mo.Pao.&IronM 3d wk Jan. I 410,oo0 373.000 1.163.000 1,021,000
39.000
Central Br’cli. 3d wk Jan.
10,000
27,000
12,00-/
Total.......... :3d wk Jan.1 422/100 383.000 1.202.000 1,051,000
17,334
Mobile & Blrm.. 3<l wk Jan.1 5,352
0.310
10, k93
Mobile A Ohio. JDecember. 371,106 330.832 3,470,639 3,260.990
Mont.&Mex.Gif. November. 100,219
90,157 "1,1
“ 16,246 1,004.934
Nash.Oh.(te St. L. December. 458,291 415,916 4,371,863 4,623,910
Nevada Central. November.
3,3 3
27,419)
22,860
2,153
N. Jersey &N.Y. Septeinb’r.
32,0s5
30,002
201,327
247,377
89,026
102,465
New Orl. &3o’m December
‘
7.89
12.663
N. Y. C.&H. R. December 4,020,847 3,641,996 44,333,889 41,797,492
N. Y.L. E .A VV. J uly........ 2,323,167 2,077,125 14,693,797 13,701,192
N. Y.Pa. (feOliio J u n e........ 579.362) 451,850 3,131,797 2,552,623
All 0,1.1
L61.813
i1 OIO
V70
07.)
N. Y. Out. A W. id wk Jam
173,972
173,163
61,344
N. Y.Susq.<fe W. December. 195,097 193,574 2,204.018 1,962,984
Norfolk A West. 3d wk Jam 229,191 209,701
565,737
C72,0i3
Nortlio’rn (Ga.) November.
47,682
55.366
5,473
8,455
Nortk’n Centra) December. 559,184 517.784 6,506,023 6,031,261
6 *1,752
North’n Pacino 3d wk Jan. 261,176 239,373
732,275
Oconee A West. December.
29,016
39,058
2.689
1,9 48
35,632
47.472
Ohio Rivi
18.413
12,394
3d wk Jam
168,571
186,741
19,459
Ohio Kiv.A Chas December
16,514
44,079
Ohio Southern 3d wk Jan.
49,254
14,693
17,711
Oregon Imp. Co. November. 271.9 79 315,290
Pacific M ail.... Deco nber. 374,651 325,269 4,366,633 3,874,285
Pennsylvania... December. 5,039.604 5,153,789 64,o27!77 53,704.283
PeoriaDeo.&Ev. 3d wk Jan.
20,15 J
19,609
55,355
55,528
Petersburg........ November.
498,746
479 890
45,829
41,520
Phila. & Erie... November. 450,972 383,642 4,037.139 3,683.343
Phiia. A Read’g. Deoeml-e: 1 833.257 1 551,928 21.531.904 20.144,191
Coal&Ir. Co... December. 2 218,358 1 588,255 24 704,902 21 545,808
Total both Cos. December. 4 049.615 3,1 40.183 46.290,806 41 689 . 99
679,126
768,963
Ph. Read. & N. E. December
61,95
62,593
PlttS.C.C. AcSt. L December 1,37(4,199 1,243,191 15,4/2,28“ 14,263,879
36 891
Pitts. Mar. AcOn. De/ember
3.851
44.796
3 829
18 682
Pitt.Shen.&L.E, 3d wk Jam
12.892
36.035
6.227
61,666
72
073
21.556
Pittab. & West. 3d wk Jam
24.903
36.e5l
12.285
12,254
37,661
Pitts. Cl.&Toi 3d wk Jan.
2.192
6,577
10.935
Pitts. Pa. A F. 3d wk Jan.
4,389
108,097
121,269
Total system. 3d wk Jan.
36.033
41.516
Pitt. Young, (toA. December.
99,899 1,727,992 1,2 24,127
92,190
238,570
201,320
23,292
21,488
Quinov 0.(fe K.( December.
639,543
671,584
Rioh.Fr’ksb.JcP. November.
55.674
53,025
305.009
Rich. (tePetersb. November.
26.54'
312,959
28,755
5,012
7,941
18,976
24, *60
Rio Gr. South’ n 3d wk Jan.
86.300
Rio Gr.West’ n .. 3d wk J an.
39,700
102.300
32,600
11 -,596
Sag.Tuscoia&H December
8.393
114.171
7,80,
78,936
7.104
77.219
Sag. Val. (toSt. L November,
6,661
72,670
71,730
25,450
St. L. A. & T. H id wk Jan.
27,750
45,482
31 929
4.095
St.L.Ken’et&So December,
5.328
303,200
282,800
St.L.Southw’rn d wk Jam
97,509 102,700
86.664 1,556,927 1,412.186
St.Paul&Dul’tl December. 110.335
San Ant. <to A.P December. 177.759 250,630 1,971,8 8 1,910,751
7,813
9.89 )
7,813
S.Fram&N.Pae 1st wk Jan
9,899
341 820 3,031.269 3,504.465
Sav.Fia. & West. November. 285.02
11 298
11,441
Stier.se rev. <fc 8< d wk Jan.
6,064
6.818
8,002
11,111
Sii. Sps. O. A G November.
56,715
72.631
Bilvercon........... December.
5,076
8 .OO0
19.982
18,435
&o.Haven&East November.
1,507
1,363
So. Pacino co.~
Gal.Har.&S.^ November. 474.54 l 436,494' 4,369.880 3,850,353
94,681
996 653
897,824
Louis’a West. November. 112.003
Morgan’ sL&T November. 708.759 731,448' 5,37-1 305 5,353,281
29.497|
2
45,072
239,827
17,991
N.Y.T. & Mex November.
Tex. A N. Orl. November. 141,6 i9 155.9911 1,497,834 1,417.689
Atlantic sys.6 November. 1,463,791 1,491,936 12 633 077 11 952 GDI
Pacific systen November. 2,915,719 2,78 7,926 29 89? 32 28.842 257
Total or all November. 4,334 510 4,279 862 42 5)1 401 40,794,948
782.171
5,332.817
"
“ ............ 6,573.559
Affiliated line/ November, 539.675 ----Grand total 'foveinber. 4,924.406 5,062,0 i3 47,8-<4,501 46,308,507
So. Pao. of Ga November. 927,165 805,215 9 531.985 8,3.33,576
So.Pac.of Ari/ November. 216.060 203,525 2,073.48.1 1,9 L4,285
848 164
83,290
99 4,290
So.Pao.ofN.M November. 103 8 74
Northern Ry. November, 19 L,38 1 190,587 1,840.19- 1,996,542
9J9 520
Southern Ry.
id wk Jam 371.072 349,532 1,003,537
1,100,136
76,546
Staten Isl. K. T November.
l.i6 2
41,090
4.4 9.»2
1,877
StonyOl.&CMt.. ovember.
893 959
91,2 >1 108,73 i 1,059,857
Summit Branch November.
690.602
804.224
92,508
85,318
Lyk. Val. Coa November.
T o t! both Co November, 176 609 201 241 1,750.459 1,698 1»3
399,053
443.636
Texas <fc Paoith id wk Jan. 132,530 154,798
47,095
40,905
5,050
4,337
T©x.S. Val&N W December,
93.212
92.940
32,536
30,037
wk Jam
Tol.&Ohio Cent

Febbtjaby 1, 1896.]

THE CHRONICLE.

Latest arose Bantings,
Ho a d s

WeaKorit-

1895-6.

13915.

Jan. 1 to Latest Dale.
1895-6.

1894 5.

*
I
*
•
*
21,636
20,116
42.955
lo l. P. & West. 2d wk Jan.
38,588
34 623
26.620
79,581
lo l. Si. I* * K. 0 -.3d wk J an.
73,008
23 777
27,156
416,552
G iste rA D e l... December.
411,457
Onion Paolilo—
Ud. Pae. BE. November.; 1,363.814 1.333.11113.103.S60 13 ,707,162
Or.B.L. 1 U .S November. 500 740 467.771
4.923.1214626,641
13 917}
85.353
564,9251
8 t JOK.AGd.Xo November.
724,162
6 986
7 355
61,473}
Kan.0.3!Om November.
104,272
14 441}
15.230
43,147}
Tot.3tff.AG.I. 3d wk Jan.
42.096
12,000;
10,000
39,000j
Cent. Br........a 3d wk Jan.
27,000
27,521
24 555
249,000
333,963
Ach.J.C.AW< ; > » 'etulwsr.
Gr'd total ' < November. 2 134,205 2,,049,230 20,477,1,600 21,,462,222
U. Pae. I). A G November. 3 i8 345 306,176 2,330,:321 2.,539,212
FtW ’ th&D.C October. .. 131,683, 177,121
6 ? l .998}
Wabash....... .. 3d wU Jan. 231,78s 216,547
616,191
49,013'
68,046
220, 22-4
Waco A Nortliw October. ..
211,994
111,550 108,571 1,559,!5?5 i ,474,076
Wert Jersey...... November.
96,006
978,741
73.494 1,121,,610
W.V.Cen.A Pitts December
37,181, 36.111
3 3,.757
West Va. * Pitts O ctober..
313.486
61.404
492,,481
Western o f Ala . November..
53,842:
48 7,428
92,35 1 1,298,,187 1,248,453
93,737:
West. Mary land Decent bar
51,200
50,700
151,,900
West. N, Y. A Pa [3d wk Jan.
146,400
21,700!
71,,18.-,'
18,340
57.978
Wheel. A L. EriejSd wk Jan.:
62 616,
64,632
183,,858
Wisconsin Cent 3d wk Jan.;
160,913
8,106'
WrtghtevA Ten IDeceraber.
85 ,72 s
8,li>s!
78.557
* Figure!, given <io not include Oregon fty. A Nav., Oh. Pie. Denver A
On!?. Denver LeadvlUe A Gunnison. Montana Union and Leavenworth
Topeka A Southwestern. a These a gores include results ont eased liner.
V Includes earnings trow .ferries, etc., not given separately, j Mexi­
can ottrresjev. e Includes only half of tines in waiea Union Paoitto has
a half interest.

Latest Gross Earnings by Woefes,—The latest weekly earn­
ings in the foregoing are separately summed up as follows:
For the third week of January our preliminary stafcemen t
covers 78 roads, and shows 8*85 percent gain in the aggregate
over the same week last year.
Sri- m€k of Jan itary.
Alabama GC Southern..
Oanffl e
Emit, & OiiiG Bontnwmi
Btttai# RociL <fc Bttmtj'u
Bari. €«<!. Kao.
Gap© Went & YmtMiit Vul
A Ohm. . . . .
Chicago & Emt, Iiti.fj.oii
Chiomo MHw. A St. Faai
Chic. FwBS * St. Lottie
Chicago A West Mlohlgai
Cm. Jackson ic Mackinaw
Clove. Canton A: South’ u
Olev, Oiu. CLIo. St. L
Out BmmAmltf A B&eltg
Denver <&Klo Um.rtde...
jEetfwU iMm’e & Mo-rife’ ij
Duluth Bo, Shorn A Att
Evmtmv, & Rieiifioail....
Evanm . & Terre Haute.
Flint A Pore Maruoeti
Ft. Worth. <%. El# Bmwim
Ooorsria A A labumt%. . . .
Grand Rapids A Indiana
OlacslBJQatl R. St, B% W.
Mask. Cir. Rmp. & I n4
Granu Tninli of Canada
Clue. A Or. Trunk----Dei. Gr. Ummi M MIL.
fntern'l A Gt, North’ n .
Intart ceaalo.
Iowa Central.................
Kan. City
Kan. City
Kan. City
Kan. City

Ft, 8. A Mem,
Mem. A Blrm.
Plush. A Gulf
Sulnirfe. Bolt-.

Lottisv. Evansv 4 8 t L
Looi^vilie A Maahyiilo...
Loulavllie N. A. A Ohio.
Mexican Railway
—
Mmnoapoiia AlSt. I^oula.
Minn. St. P. A s. 8. M .
Mo, Kansas A Texas......
Mo. Faoulc A IroaM t__
Mobile A Birm.in.cham.,.,
Sew York Ont. A West’ n.

Peoria Dm. A Ev&tmv...
PUt.0 . Sheri. A L. Erie,.
Pittsburg A Western......
Bio Grande Souf,been___
Rio Grande Western......
St. Joseph A (M. Island.
6t. Louis Alton A T. H ..
St. Louis Sonthweatern..
Southern Railway.........
Texas tk Pacific..............
Toledo A Ohio Central.. „
Toi. St, L. A Kan. City..
West. N, Y. A PenuVyiv
Wheeling A Lake Erie...
Wiacondin Central. . . . . . .
Total (78 ro a d s )...,...
Net Increase (8-65 p. c.)..

1890.

1805.

f
28,463
1 105
0A7 %
10
m suo
89.7a.i
841.CMK

*
31,817
21,585
10,823
124,463
53,789
68,35 9
274,000
9,329
170,50"
87.786
443,406
20,087
25, IS?
13,004
! 1,006
238,581
lii. i 90
13,2 7
110*10*
H .8*:
•is,SSI
5,0-13
1.912
18,88
43.45*:
11.4 4 i
20,000
9.10
31.53
? tm

201,95^
97,025
537,01^
%%m
it.e.si
10,295
240,267
19,37.
U,97^
120,200
17.10
30,404
0.401,705
20.9 te
54.3*j*
8,1 Vi
33.000
.12.933
7,471,430
2,50’
30S,25t
03.77 o
16,57*60,690
4t,s07
39. HO
I0V22*
81.691
26.48.
10,405
4,400
74,116
48,58126,85"
383,881.
53,587
191,201
87.591
58.188
31,394
58,453
257,380
410,000
12.000
5,352
61,344
229,194
201.17H
18,413
17,711
20,159
12.892
41,548
7.941
39,700
14 i l l
25,450
97,500
371,072
132,530
36,087
34.623
231,788
59,700
21,700
64,682

2,102
234,655
43,204
10,3 j:
79.935
40.4 42
29,23-4
0,673
74,84 s23.347
9,914
3,600
00,07,.
50,6 U
23.75,
371,53(:
50.288
198,560
74,094
6 OH89
27.75138,194
231,746
373,000
10,000
6,310
01,813
200,701
239,373
12,304
14,693
19,609
6,227
36,033
5,042
32,600
15,230
27,750
102,700
349.532
154,798
32,536
26,620
216.547
51,200
18,310
62,616

8,349,270 5,844,115
........

tncrmm.
*

.1,906
2 i»430
3,573
22,453
9,230
03,00$
2,4-80
1,035
9,0 §6
173
10,100
1,010
1,455
.. . . .
t.038
1O.0C 4
3,830
2,295
340
4H
3 .8
10.601
20,575
43
9,935
3,555
6,-848
491
794
14,067
3,103
12,355
3,279
2,044
13.497
3,025
25,259
25,631
37,000
2,000
.
19.4! 3
22.103
6,010
3,018
550
8,665
5,513
2,839
7,100
21,540
8,003
15,241

.IHtrti, -*e
#.
3,15i
3,1 M*
1,859
11,611

1,320
1,311
3,24.5
1,421
147
3,302

19,843
4,035

2,027

8,000
____ _
958
469

For the second week of January our final statement covers
80 roads, and shows 14-86 per cent gain in the aggregate.
2d week o f January.

1896.

1895,

Increase.

S .
i
Prev’ly reported (75 r’ds) 6,269,461 5,463,795
Interoeeanlo (H er.).___
42,100
50,852
Keokuk A Western. - .......
9,159
5,953
Mexican Kailway........
60,00fe
60,228
Sherman Shreve. S So...
6,838
6,064
Toledo Peoria St. West’n ..
24,636
20,116

$
837,875

6,412,194 5,607,008

846.375
805,186

Net increase (14-36 p. c.)

” §',206
774
4,520

Decrease.
s
32,209
8,752
228
41,189

Net Earnings Monthly to Latest Dates.—The table follow­
ing shows the net earnings of S team railroads reported this
week. A full detailed statement, including all roads from
which monthly returns can be obtained is given once a month
in these columns, and the latest statement of this kind will
be found in tne Ch r o n ic l e of January 18, 1896, The next
will appear in the issue of February 29, 1396.
Gross Earnings.—
—3T«f Burnings.1395.
1394.
1895,
1894.
Roads.
S
$
176,550
1 7 2 ,3 6 0
Alabama Gt.Soatb.aDeo.
77,664
84,357
931,330
Juiv 1 to Deo. 4 1 __
8 1 1 .1 5 5
375,013
335,645
136,133
Allegheny Valley— Dao. 213,416
43,895
61,276
Jan. 1 to Dee. 31___ 2,569,033 2,176,703
993,423
850,300
Baltimore Ches A All —
167,377
177,754
53,326
52,828
Sept. 1 to Dec. 3 1 ....
Balt &. Ohio Souiliw.—
July l to ‘lice. 3 1 __ 3,449,232 3,325,767 1,269,593 1,282,911
253,511
201,600
90,523
Ball.Hocb. APitts.1) .Deo.
8 2,785
830,836
J»n. 1 to Deo. 31 — 3,05 5.142 2,733,211
799,147
498,933
July 1 to Deo. 31 . . . 1,037,025 1,650,321
562,308
Buffalo & Susquehanna—
179,351
126,733
July 1 to 000 , 31---257,333
7 ’ ,139374,105
Canadian Paeltle.a.Dee, 1,021,616 1.55 (.859
588.443
Jan, 1 to Deo. 3 1 .... 18,941,037 18,752.163 7,480,951 6,423,310
452,531
v-ntrai Pacific.b......Nov, J,133.790 1,149.338
461,667
Jan. 1 to Nov. 30.. .12,008,706 12.106,051 4,434,174 4,596,842
dies. A Ohio a ..........Dee. 929,617
800,217
304,670
252.673
Jau. 1 to H e 3 1 ,... 9,79s,321 9,12',6- 6 3 ,ISO.539 8,- 12,355
July t to Dec. 31 ... 5,201,107 5.0J2.1M 1,726,020 c,7Ou,074
Ohio. M, * St. P .a . ..Dee. 2,764,653 3,203,524 1,236,860
901,248
Jan. 1 to Deo, 3 1 ... 30,608,001 88,473,387 12,880,149 9,1.75,027
July l to Deo. 31----13,67,722 14,795,090 7,902,595 5,334,062
■Cove. Canton A So . Deo.
.54.898
47,633
11.342 def.8,278
60,153
Jan. 1 to Doo, 3 1 .... 677,213
60 S,955
146,766
July l to Ut-. 31 .. . 379,384
375,960
93,613
63,287
299,100
Ciev.Oto. C.AMt.L.a Dec, 1,159,424 1,194,573
329,024
Jim, 1 to Doe. 31....13,976.705 12.943,140 3,551,643 3,286,660
July l to Dee. 3 1 .... 7,382,195 7.030,819 1,9; 7,312 1,776,625
37,361
39,292
Peoria * Banco.a Dec.
151,057
140,608
1,971,159 1,536,066
268.443
503,200
Jan. 1 to Dee. 31
260.023
872,737
221,659
July 1 to Deo. 31___ 1,022,157
139,607
62,377
J6(1,260
fovraCentral-!).. .. Dec.
51,367
531,280
611,987
Jau, 1 to Deo. 31__ 1,679,702 1,667,370
017,202
297,120
371,837
851,405
July l to Dee. 31__
29,687
47,209
dot. 16
94,304
Jack. Tam. & K. V .Dc -,
29,793
314,353
800,300
397,463
Jan. 1 to Deo. 31 —
3,347
5,189
3.259
9,431
Mexican Telephone. .Oct
71,120
28,772:
36,155
69,914
Mar. i to ■Oct. 31 —
56,764
63,755
135,164
149,449
Minn. A St, Louis. -.! Oac.
716,3 t «
836.023
Jan. I to Deo. 31 ... 1,981,573 1,777,361
455,200
510,393
994,046
July 1 to Deo. 31 ... 1,131,922
1,315,780
370,206
576,716
North#!* Poolin'. b .Dec. 1.496,390
.
Jan. 1 to Dee. 31 ...19,088.647 16,731,822 7,785,799 5,186,249
July 1 to Dec. 31....11,989,282 10,335,616 5,353,192 4,182,69
31,318
81,855
Pacttle Mali___ ____ Doo. 378,851
325,269
585,954
822,311
Jan. l t o Dec. 3 1 .... 4,366,633 3,#74,285
507,741
592,420
May 1 to Dec. 3 1 .... 2,893,129 3,630,993
604,861
315,738
pillln. A Reading.-JDeo. 1,833,257 1,551,928
Jan. 1 io Dec. 31 ...21,581,904 20,144,191 9,983,040 8,890,413
Coal ifc trou Co...... Deo. 2,216,353 1,588,255 dof.32,120 df.187,423
Jan. 1 to Dec. 31....24,708,902 21,345,808 df.594,802 df.36,323
417,433
733,318
Total both cos ----Deo. 4,049,615 3,140,183
Jan. 1 to Dec. 3 1 .... 16,290,800 41,689,999 9,288,238 8,854,039
18,212
17,348
61,958
Phil, B a d . A N,J3ng.Deo.
63,598
201,690
168,=73
679,126
Jan, 1 to Dec. 3 1 .... 768,963
54,228
120,840
50,101
St.LonisAlt.AT.H.bNov.
113,991
537,209
540,771
Jan, 1 to Nov. 30 .. . 1,209,150 1,225,210
295,150
608,131
275,366
581,964
July l to Nov, 30
118,510
62,148
250.630
177,759
San Ant. & Aran. P..Dao.
560,280
622,387
Jan. 1 to Deo. 3 1 .... 1,971.828 1,946,751
590,824
033,229
1,677,181
Boathorn Rail way. a .. Deo. 1,820,871
Jan. l t o Deo. 31. ...18,691,1 16 18,063,691 5,458,602 4,946,387
July L to Deo. 31....10.345,445 9,610,606 3,504,529 3,212,065
248,031
289,033
Wabash, b ................ Deo. 1,070.155 1,017,631
Jan. 1 to Deo. 31....12,65 (.901 ll,8Z4,324 3,488.919 2,735,7 46
1,677,451
2,127,566
July l t o Deo. 3 1 .... 6,977,893 6,236,828
a Net earnings here given are after deducting taxes,
b Net earnings here given are Defers deducting taxes.

, r____

Interest Charges and Surplus.—The following roads, in
.ddition to their gross and aet earnings given in the foregoing,
iso report charges for interest, X '.w it h the surplus or defici t

789
?,30i>
5,200

r-lnlerH. rentals, <&e.~> r-Bal. o f Net Earns.-,
1895.
1894.
1894.
1895.
S
8
%
*
Roads.
85,448
243,578
56,925
242,475
01ev.Gin.Oh. ASt,L..De 8 ,
354.43N
533,163
July 1 to Deo. 31 — 1,424,149 1,422,190
559
2,490
36,80-2
36,802
PeortaA Eastern..Deo.
849
40,113
220,810
220,810
July 1 to Deo. 31 ...
18,219
14.405
136,009
135,696
St. Louis Alt. & T. H.Nov.
1.57,710
162,538
Jan. 1 to Nov. 30 . . . 1378,233 1379,493
112,830
93,688
July 1 to Nov. 30---- 1181,678 1182,320

22,268
2,4*9
500

2,860

2,066
607,640
505,155

22?

102,485

t These charges are simply for taxes and rentals of leased Hues and
do not Include bond Interest.

228

THE CHRONICLE

[ Vol, LX1I.

— Gross Earnings.Het Eanungs,----- .
1895.
1894.
1895.
1894.
SR
*
*
Hoads.
$
The fo llo w in g table allows the gross earnings for the latest Brooklyn Traction..Dec.
93,579
30,752
87,982
33,201
Jau. 1 to Dec. 3 1 - . . 1,026,649 1,133,925
224,647
438,561
period o f all STREET railw ays fro m w hich w e are able to o b ta in
135,826
113,435
44.923
49,388
w eekly or m on th ly returns. The arrangem ent o f the table is Cleveland Electric' .Dec.
501,500
Jau. 1 to Deo. 3 1 .... 1.503,820 1.306,521
519,400
the same as that fo r the steam roa ds—that is, the first tw o
colu m n s o f figures give th e gross earnings fo r the latest Dry Dock E. B. & Batt.— 186,914
46.580
Oct. 1 to Dec. 31 __
182.528
49,196
w eek or m on th , and the last tw o colu m n s the earnings fo r
737,944
180.870
675,305
210,068
Jan. 1 to D jc. 3L .. .
the calen dar year fro m January 1 ,to and in clu d in g sucb Duluth Street Ry.,..Nov.
19,307
19,378
10,298
10.609
195,136
190,443
10L475
87,866
Jan. 1 to Nov. 30 ...
latest w eek o r m onth.
95,902
97.232
55,731
■54,381
July l to Nov. 3 0 ....
8TUEET RAILWAYS AMD TRACTION COMPANIES.
92.182
98,931
28,953
28,153
Lynn & B o s to n ....... Dec
604,419
505,425
Jan. 1 to Dec. 31 — 1,399.200 1,270,284
Latest Gross Earnings.
304.352
286,537
Gross
90,637
93,088
Oct. L to Dec. 3 L ....
1894-5.
E arnings.
Week or Mo 1395-S.| 1894-5 1895-6.
Third Ave. (N. Y.)—
249.145
616,429
596.752
245,313
Oct. 1 to Dec. 31 ...
$
$
977,614
Jan. 1 to Dec. 31---- 2,614,755 2,154,958 1,157,973
December. 95,673, 85,663 1,175,736 942,991
168,418
168,393
94,700
19,307 Twin City Rapid Tr. Dec.
94,415
21,761
1,280
1,587
Deoember.
Bath st. Ry.
1,964.770
1,981,706
1,117,879
1,091,675
119,202
Jan.
1
to
Dec.
31___
126,873
8,745
December. 10,837
8,450
9,791
4,788' 4,152
2d wk Jau.
December. 2 L,029 18,236 273,183 225,614
452,685 429,529
Septemb’r.
Brooklyn Traction—
706,268 813.998
82,951
89,312
Atlantic Ave..........O ctober...
7,937 6,154 135,648 113,776
Brooklyn B.&W. E.jOetober. ..
Annual Reports.— T h e f o l l o w i n g i s a n i n d e x t o a l l a n n u a l
1,026,699
1,133,925
87,983
93,579
Total...............
December.
Buflalo R y................... November. 147.035 127,766 1,517.194 1,397,233 r e p o r t s o f s t e a m r a i l r o a d s , s t r e e t r a i l w a y s a n d m i s c e l l a n e o u s
--------14,807
c
o
m p a n ie s w h i c h h a v e b e e n p u b lis h e d i n t h e C h r o n ic l e s in c e
Central Trae.(Pittsb.)!Deceniber. I IS,850
~ 1'
1 17,014 16,627
Chester Traction...... October.
th e la s t e d itio n s o f th e I n v e s t o r s ’ a n d S t r e e t R a i l w a y S u p ­
73,639
Chic. & So. Side It T . December.
Cin. Newport ii Cov.. December. 53,091 '44*039 624.034 497,950 p l e m e n t s .
15,643 ............
T h i s i n d e x d o e s n ot i n c l u d e r e p o r t s i n t o - d a y ’ s C h r o n i c l e .
1,709
City Eleo. (Rotue.Ga.) December.
........................ Citizens’ Trac.,Pittsb.July.......... 53,391 49,075
R ailroads and Mi -cel . Co ’ s.
St r e e t R a i l w a y s .
135,826
113,485
1,503,620
1,3*6,521
Cleveland Electric... December.
Volumes 6 1 and 6*—
Page.
Volume 62—
Page.
3,121 2,340
44,271
27,000
Columbus RR (Ga.) . |December.
B rooklyn E le v a te d .............................. 8 1
C
h
octaw
O
klahom
a
&
G
u
lf..............
183
11,353
10,598
35,633
31,060
Columbus St. Ry (O.. 3d wk Jan.
Chicago C ity..........................................1 S 3
C
incinnati
H
am
ilton
&
D
a
y
t
o
n
..
.
.
182
Coney Island A B’ lyu.December. 22,362 19,908 380,931 314,315 Colorado M id la n d ............................... 182 N orth C hicago S tre e t......................... 183
Consol Trao. (N. J ) .. Soptemb’r. 245,538 201,885 1,869,635 1,566,42 ' Colum bus H o ck . Val, & T o le d o . . . 182 N orth Shore T ra ctio n .........................1010
Denver Con. Tqrrnw December 57,194 60,208 716,039 725.480 E dison E lec Illum inat. o f B ’klyn. 181 W est C h icago S tr e e t............ ........... 183
7,610 3,795
....................... E d iso n E lec. Ilium, o f N ew Y ork.. 184 W e s t E n d (B o s t o n )........... .............. 964
Dei by Street lty ........ Septemb’r.
Duluth st. B y.. ....... December. 17,750 17,487i 212 886 20 7,930
Note .—Full-face figures under Street R ailways refer to Vol. 62.
247,024
163,282
.............................
Eleotrio Trao., Phila Septemb’r.
Erie Elec. Motor Co.. December 12,534 10,751 150,119
1,024
1,483
1 lushing & College Ft.,November.
Delaware & Hudson Canal.
Galveatou C ltyR y.. December. 15,784 17,211 216,271 199,133
( R e p o rt f o r the y ea r en d in g D ee. 31,1895. J
Hestonvllle M. & F.—
Arch Street.
... November. 35,032 18,302
In advance of the annual report the statistics below for
9,113 2,484
Race Street.......... November.
Total..................... November. 44,145 20,786 451,099 272,230 four years have been compiled for the Chronicle . The
10,983
;
676
Hooaiok R v..................December.
results show 6% per cent on the stock in 1895, against
Houston City St. R y.. December. 17,776 18,489
7’1 per cent in 1891, 10’71 per cent in 1893, lO'U per cent in
Interstate con.ol. ot
8,936
1892 and 7’35 par cent in 1891.
North Attleboro .. December.
Lake St. Elev. (Ohio.) December. 55,023 45,739
INCOME ACCOUNT.
97,202
uebigb Traction..........December. 10,546 10,067 119,588
1,520 ...........
1892.
1893.
1895.
1394.
Lock Haven Traction December.
74,468
6,032 ..........
*
Receipts—
$
$
Lorain St. Ry............. November.
$
Louisville Ry............ Septemb’r. H58724 105,025 966,698 875,604 From coal........ ........... 7,864,152 7,864,152 9,939,648 9,^29,333
Lowell Law. A Hav.. December. 28,939 25,711 421,577 285,621 From railroads______ 10 129,032 9,448.993 10,212,412 10,356,4 13
57,164 From miscellaneous ... 1,321,157
58,586
5*0,253
7c5,074
452,765
Lynn & Boston........ . 3dwk Jan. 19,904 19,395
59,354
53,601
Metrop. (Kansas City) 2d wk Jan. 29,694 26,475
Total........................ 18,819,618 18,068,219 20,672,318 20.438,541
Metropolitan (N. Y.). septemb’r. 571,113 483,706 4,381,537
7,440
4,175
Operating expenses...13,376,733 12,529,547 14,050,'31 13,977,757
Metrop.(Wash., D. C.) 12days8ep
35,216
50,645
4,383; 3,623
Montgomery St. Ry December.
Montreal Street R y ... December. 94,800 75,845
Net........................... 5,442,886 5,538,^72 6,622,137 6,460,784
Nashville Sts. Ry......... December. 27,740 26,176
Iut., taxes and rentals 3,078 4 ^2 3,319.959 3,40 7,637 3,425 320
3,594
5,818
Newburg Eleotrlc__ November.
For dividends....... 2,364,394 2,218,713 3,214,550 3,035,464
New England St.—
15,406 14,864 232,214 207,339
Winchester A ve__ December.
-V . 62, p. 84.
29,851
2,082
29,815
1,874
Plym’th & Kingston December
3,458
Total...................... 4th wk Jan 3,703
Delaware Lackawanna & Western Railroad.
2,742
4,909
NewHavenACentrev. December.
92,476
New Haven St. R y ... Septemb’r. 19,592 14,257 150,649
( R e p o rt f o r the y e a r end ing D ec. 3 1 ,1 8 9 5 J
2,894
2,718
New London St Ry.. November.
The annual report of this company consists of a brief income
New Orleans Traotlon December 121,373 100,066 1,349,063 974,568
1,015,076 1,106,017 account and balance sheet, issued in circular form, and the
N. Y. & Harlem..........December.
Northampton St. Ry.
statements of earnings and expanses, the income account and
90,626
(Mass.)...................... December.
5,168
7,608
the general balance, for four years past, have been compiled
1.415
Ogdensburg St. Ry. December
Paterson Ry................ December. 25.485 *20.253 2*98,318 243,881 f o r the C h r o n i c l e as below:
People’s Trao. (Phila.) Septemb’r. 194,103 137,331 1,533.588 885,847
EARNINGS AND E X PE N SE S.
36,752
2,595
Portsmouth St. R y ... December.
Po’keepsleA Wapp F. Septemb’ r. 12,002
73,155
1895.
1894.
1393.
1892.
ReadlngTraction...... December. 16,394 13,410 188,396 163,864
$
$
$
$
2,8.85 2,661
Roanoke Street......... November.
Gross reopts., all sources.44,201,909 43,058,862 48,790,973 46,226,283
Rochester Ry............ December. 72,934 65,435 8*66*108 746,068
Operating expenses.. . . ) 07 441 009
Of)Q IQ'S 40 537 570 5 37781880
Schuylkill Traction... F’ m Oct. 1, 23,994 22,409
Betterm’ tS, equip.,&c.. 5 <*'7,441,009 36,009,195 40,5o7,572 £ 464,540
39,782
*49,9*34
4,120
3,165
Schuylkill Yal. Trao.. December
293,322
22,664
Sorauton Tiaotlou— December 29,180
253,686
Total expenses..........37,441,009 36,009,195 40,537,572 38,246,420
Second Ave. (Plttsb.) December. 37,555,
Sioux City Traction December
7,268 **6,964
Net receipts.................... 6,760,900 7,049,667 8,253,401 7,979,863
Steinway Ry................November, 24,503| 14,919
Streator Railway.
November,
INCOME ACCOUNT.
1,129! 1,162
Syracuse Consol.......December. 13,617 17,135
1895.
1892.
1893.
1394.
2,984
ByracuseE’st-SideRy December.
$
$
$
Syracuse St. RR........ December.
22,907 12*017 243,689 152,851 Net receipts................... 6,76 $>,900 7,049,667
8,253,401 7,979,863
Terre Haute El’c. Ry October. .. 11,998
88,226 Interest and rentals__ 5,406,239 5,412,322 5,360,490 5,366,406
8,631 120,774
Third Ave. (N. Y.)
December.
2,614,755 2,154,958
Toronto R y..................December. 88,189 78,383 992,802 957,376
Balance, surplus__ 1,354.661 1,637,335 2,892,911
Twin City Rap. Tran. December. 168,418 168,393 1,964,770 1,981,706 Dividends (7 per cent).. 1,834,000 1,834,000 1,834,000 2,613,457
1,834,000
Union (N. Bedford)... December. 16,008 13,381 196,127 168,637
9,827
Union By. (Saginaw). Deoomber.
127,617
Surplus
after
divid..d;1.479,339
df.196,665
1,058,911
779,457
United TVa t. (Piov.) December. 138,681 123,214
Utica Belt Line......... December.
161,836 149,104
G E N E R A L BA L A N C E DEO . 3 1 .
Waketield <&stone— December.
3,769
2,618
55,527
37,890
1895.
1894.
1893
’
18927^
Waterhury Traction.. December. 22,789 16,561 247,730
Assets_
$
85
85
85
West End (Boston)... October. .. 635,000 645,000 6,456,000 5,741,000 Construction
aooount...33,742,817
33,742,817
34,340,522
34,804,646
344
West Shore (Coun.)... October. ..
336
Stocks
and
bonds,
co
s
t...10,418,039
10,423,039
9,519,689
9,418,531
Wilkesb. & Wy. Valley December. 43,099
448,788
Net cask aud our. aeots... *201,343 *1,243,662 *1,7 15,639
334,783
3,092
Wilmington Street... Septemb’r.
2,900
Worcester ConBol...... December. 39,054 31,712 441,603 367,226 Materials,! uel, &c........... 2,231,223 1,658,244 1,663,568 1,652,546
T o ta l..........................46,593,422 47,072,762 47,269,418 46,210,506
t Earnings increased largely on aooount ol G. A. R. enoampmont in
Liabilities—
Louisville.
Stoek................................26,200,000 26,200,000 26,200,000 26,200,000
Street Railway Net Earnings.—The following table gives Funded debt........... ......... 3,067,000 3 ,067,000 3,067,000 3,067,000
the returns o f S t r e e t railway gross and net earnings received Surplus accou nt.............17,326,422 17,805,762 18,002,418 16,943,506

STREET RAILWAYS AND TRACTION COMPANIES.

ANNUAL REPORTS.

this week. In reporting these net earnings for the street rail­
Total liabilities.......48,593,422 47,072,762 47,269,418 46,210,506
ways, we adopt the same plan as that for the steam roads—
* Net balance of assets over liabilities.
that is, we print each week all the returns received that
week, but once a month (on the third or the fourth Satur­
The report shows that 5’ 17 per cent was earned on the stock
day) we bring together all the roads furnishing returns. The in 1895, against 6 ’ 24 in 1894, 11 04 in 1893, 9’98 in 1892, 9’31 in
latest full statement will be found in the C h r o n i c l e of 1891, 10 in 1890 and 8’20 in 1889.
January 18, 1896. The next will appear in the issue of Satur­
The statement of items on both sides of the account which
day, February 29, 1896,
go to make up the above “ net cash and current accounts ” of

February

THE CHRONICLE,

1 , 1 8 9 6 .]

229

$1,745,639 in 1333,’$1,343,632 ia 1891 Jand’$301,343 in 1895, are employees have been iu the service a sufficient time to entitle them to
the maximum rate of wages.
as follow s: i
^
1895.
1894.
1893.
C on stru ction an d E q u ip m en t.— During the year 1895 the
Accounts rtctic M e as 'follows : —
$
$
$
Cash on hand ...............
914,30*3 1,110,114 1,130,221 total expenditures charged to coustrujti in and betterment
Coal on hand (leas than in trket value). 1,852,239 1,419,770 1,542,816 account amounted to 880,303, and the total expenditures on
974,918l,O3-i,909 1,653,052 equipment not charged to operating expenses amounted to
Advances to leased roads...................
Advances on coal to be delivered, Ac. 1,673.938 1.031,164 l,6 1 5 ,0 n $45,818.
—~
Coal rdlls and aandrv acco iQU due. . 1,359.411 1,374,158 1,861,757
D escrip tion o f T ra ck , E quipm en t, & c —The report furnishes
Sundry accounts receivable................ 1,266,4 33
742.319
502,473
a statement as to the track, power station and car equipment.
Total................................................. a,041.259 7,316,113 8,309,190
S ta tistics.— The following table shows various facts of in­
W Less accounts payable, v i z —
Past-due div'ds, interest and rentals . 14T,"63
155,192
129.187 terest regarding the operation of the property:
D. L. a W. div. pay. Jan., '95 and *96.. -a56,500
458,500
458,500
Rentals pay ibfe after Jan. 1................1.664,139 1,664,133 1,657,576
State taxes nay able after Jan. 1........ 4i7,439
45 5.837
512,005
December pay-rolls payaole iu Jau .. 878,343
715,960
809,258
Bonds and mortgage*......................
139,741
139,740
241,741
Vouchers due and payable after J an. 1.2,080, l *9 1,623,691 1,865,285
Sundry railroad acoouot*......................2,023,753
824,398
090,00J

Total................................................ *7,839,916 6.007.451 6,563,554
Balance of accounts receivable ........ 201,343 1,243,662 1,745,636
'O f which 01,293,313 has been paid since close of year.—V. 61, p. 921.
O re g o n

&N

R a ilw a y

a v ig a t io n .

( T ear end ing J u n e SO, 1896. J

Per carper
1895.
mile—
CIS.
Earnings..................17-40
Oper’ing expenses.. 0-70
Net receipts........... 8-70

1894. Per carper
1895.
CIs.
mile—
cts.
17-40 Maintenance of w ay.. 0-9
8-10
“
equip.. 1-0
9 00 P ow er........................ 0-8

1894.
CIs.
0-6
0-8
0-9

The earnings, &c., were as follows :
,
’ 895.
................................................. *626,485
G Expenses
32,203
Maintenance of w ay.........................................
equipment....................................
38,448
Conducting transportation........................ . 16*,o27
P°w e r -..............................................
45,477
t’ e te r a l...........................................................

1894.
$563,036
17 246
29)022

15L 647
27,440 28*089
43)358

o t a l.......... ..............................................$311,595
By the receiver’s office at Portland, Ore., we have been NetTearnings
from operaiiou.......................$311,890
favored with the following statement for the year ending Other earnings...............................................
3 , 5 x0
June 30, 1895.

8^269^362
$293 674

„ . Total .......................................................... $318,400
charges ................................................ 183.506
Dividends........................................................ 120,000

$297,449
176.648
45,000

Gross earning* ............$4,352,212
Opera erpen. A taxes 3,220,121
Net earnings........... $1,132,090
Int. on bonds owned__
8,023
Miscellaneous................
21,502

Offsets—
Loss on steamer lines__ $55,380
Interest on 1st mortgage 29 ,490
Do. current liabilities....
5,764

Tot tl income..............$1,161,315
—V. 62, p. 85.
P h ila d e lp h ia

W ilm in g to n

Total offsets.................$351,834
Harolus for year...........$009,681

&B

a ltim o r e

R a ilr o a d .

( R ep o rt f o r the y ea r en d in g O ctober SI, 1896,)

This road is leased to the Pennsylvania Railroad and its
operations have been as follows :

1894-95. 1893-94.
1892-93.
1891-92.
%
$ 4,021,713
$
.4.188.912
3,891,208
4,499,916
.4.078,913
4,080,159
4,482,712
4,589,710
. 874,087 614,591 885.373 823,373
.9,142,532
8,095,958 0,868,001 9,437,902
Expense* —
.1.297.424
.1,101,747 6,349,332 7,214,592 7,275.175
..3,909.888
157,854
.0,520,891 6,349,332 7,214,592 7,275,175
2,015.812 2.346.626 2,053,409 2,162,027
1894-95,
18939 94. 1892-93.
1391-92.
* 2,346,620
$ 2,162,627
.2.815,642
2,053,409
. 509,169 420,938 405,994 283,193
.3,124,811
2,767,504 3,059,403 2,445,820
Deduct255,209
255,200 249,973 254,560
Intercwt on car tru4t* and
68,829
89,973 1,179.712
67,159
101,608 854,30ft
1,330,067
1,157,162
28,287
134,703
36,102
80,219
Taxes and nmcclUneooa 175,864
101,345
111,399 886.451
111,190 827,354
. 827,354 708,258
.2,883.401 2,418,093 2,815,213 2,239,991
411,410 319,471 444,190 205,829
K AK N IXO S AN D

Earnings—

EXPE N SES.

•

T ota l.*................................
................................ $303,506
Surplus........................................
................................ $14,894

3 )775

$221,648
$75,801

COX DENSE [> BALAN CE SH E ET JANUARY 1 , 1 8 9 6 .

Assets.
Plant, property, Ac ... $6,226,868
Crosstown 8t. Ry. Co.,
lease ami ownership.
572,000
Bonds owned—Crosst’ a
8t. Ry. Co., 5s ..........
97,000
C a sh .............. ...........
3,324
Acets. Ahills reeVble.
18,995
Prepaid insurance, Ac.
7.124
Supplies on baud........
1,442
Prepaid account...........
12,008

Liabilities.
Capital stock ............. $3,000,000
Bonded debt.................. 3,003,500
Crosstown St. Ry. Co.,
5s. guaranteed..........
572,000
Reconstruction reserve
45,793
Bills p ayable.............
70,027
Accounts payable.......
47,043
Accrued int., taxes, Ac.
8,259
Profit and loss .............
192,140

Total........................ $6,938,762

Total........................$6,938,762

—V. 00, p. 650.
E d is o n

E le e tr ic

I U a m in a tin g

C o. o f

B r o o k ly n .

f R ep ort f o r the y ea r end ing D ecem ber SI, 1895.)

President Ethan Allen Doty says in the report:
P urcha se o f Citizens' Co.—During the year an agreement
was reached with the owners of the Citizens’ Company by
which the Edison Company purchased the entire capital stock
of the former ($500,000) for $175 per $100 share. To provide
for the above purchase and for other expenses consequent
IS C O M K A C C O U N T .
upon it, the stockholders of the Eiison Company authorized
an increase of capital stock from $3,000,000 to $3,750,000, and
A
an issue of additional bonds to the amount of $500,000.
The purchase of the Citizms’ Company was completed so
that its plant and properly came into our possession on July
1,1895. As was anticipated the new system proved to be a
valuable auxiliary to the Edison Company. Its earning
power, even at present, before we have been able to put into
force all the economies we have planned, xvould pay a good
interest upon the amount we have expended tor it.
E arn in gs, E tc. —The Treasurer's report shows a steady in­
crease of gross earnings, which with our reduced rates de­
notes a revival of business in our oicy. While the percentage
of operating expenses has been reduced by the more efficient
working of our steam plants, our taxes to the city have been
g e n e r a l b a l a n c e s i i S E T O CTOBER 31, 1895.
seriously increased over last year, which somewhat affects
Assets.
the net earnings of the year. Our taxes for the year are: To
Liabi’iliea.
Road and eqaipm 't...$l5,056.276 Capital stock ............. $11,819,350 the city and county, $37,469; to the State of New York, $5,531;
364$,**67 Bonds ( s e e S u p p l k m 'T ) 5 , 7 3 0 , 0 0 0
Real estate..................
or
a total of $43,009, contrasting with $28,499 last year. We
Bonds <fc*tock* o w d « 1 4 , 2 5 5 . 9 9 9 Mortgagee and ground
have paid the interest on our bonds, dividends on our stock
Due from other com
rent**................
161,000
panics (tradic)........
4 >.217 Pay-rolls 3c vouchers.
710,065 and carried $25,000 to depreciation reserve account, after
Due from other com ­
Interest matured, un­
closing out every doubtful account on our ledgers, and with
panies (other accts.)
134,586
collected.........
21,250
Due from uxcata. etc
339,457 Dividend*..................
473,703 a most promising outlook as to future business.
H atari ais o a b a u d ...
276,282 Int. 3c div. due Del. RR.
S tatistics —A comparative statement of earnings for three
61,247
Sinking fund*.............
620.0JO Sluklog funds ..........
620,000 years past was given last week. The following table shows
C a sh ...........................
899.819 Prodt and loss .......... 2,395,917
the increase of the business since 1890:
Total a ssets.......... $21,985,533 |
-V . 62. p. 139.
C o lu m b u s

S tr e e t

Total liabilities...... $21,985,533
R a ilw a y

C o m p a n y .

( R ep ort f o r the y ea r en d in g D ec. 31, 1895.)

President Emerson McMillin says ia the report:
G en eral R em its. —The increase in gross earnings is very
gratifying. The general condition of the property is decid­
edly better than a year ago, owing to new construction, new
rolling stock and extensive repairs on old equipment. The
total number of passengers carried was 13,841,869, an increase
of 1,165,851, or 9-2 per cent compared with 1894. The total
car mileage was 3,592,333, an increase of 397,737. The report
say8 further:
The lncr*&«ed cost of operation is wholly due to an increase in main­
tenance of way. maintenance of equipment and transportation. Tn
maintenance of way. the roballastlng and renewal of ties onGleuwood
Avenue, new crossings at railroad tracks, special work at various
points, and replacing of wooden with Iron poles, are iu the naturo of
an extraordinary expenditure, and have no corresponding items In
maintenance of way for 1991. The Increased oost of maintenance of
equipment Is due to expenditures In thorough general repair of car
bodies and repainting equipment a uniform color. The Increase of
ot*t$ 1 6 , 0 0 j i n transportation charges is due to the fact that more
oars were In servloe than in 1894, ana m\>re than 75 per cent of our

Cross.
1 8 9 5 ...................................................................................................$ 6 5 1 , 0 5 6

1$»4...............................................
1893.........................................................................
1892..........................
1891 ......................................................................
1890........................................................................

457,603
339,919
238,156
148,369
86,187

Other statistics are;
Number of
Number of
Number of
Number of

1895.
customers.......................... 1,859
lamps, 10 C. 1’ ................... 154,523*
motors, H. P...................... 2,532
aro lights........................... 3,647

1894.
1,707
128,129
1,883
3,307

Net.
$ 2 6 7 ,3 4 9

223,406
161,058
101,281
62,759
22,666

1893.
1,503
100,533
1,423
2,709

* Including oity or public lights, 9,818.
<»
31, 1895.
Or.
Capital stock..................$3,750,000
First mortgage bonds..
850,009
Accounts payable........ .
84,582
Div. due Jan. 15, 1890.
56,250
Acor’d Int. on bonds....
10,625
Insurance fu n d ............
56,265
Depredation res. fund.. K.0.000
Prollt and lo s s .............
49,411

CONDENSED BALANCE SHEET DECEMBER

Dr.
License aocount........... $915,000
Edisou prop, aoet.—real
estate, bldgs., e t o .... 2,7e3,724
The Clrz. Co. prop. ao.. 1,033,792
Ins fund Invest, aco’ t..
56,265
Aooounts receivable___
90,673
Coustruc. mater’l, eto..
42,510
Cash on b a n d ...............
25,168
Total........................$4,957,134
—V. 62, p. 184.

Totalm M .M. . . UM$4,957>134

THE CHRONICLE.

230

American District Telegraph Company.
f R e p o r t f o r the y ea r en d in g D ee. 3 1 ,1 8 9 5 .)

President Thomas T. Eckert says in the report:
G eneral R esu lts—The depression which began in 1893 has
continued, making it practicable for this company to main­
tain its profit and show a small increase in the net for the
year only by continuing its policy of the strictest economy.
;The profits to the stockholders in the corning year will depeud entirely upon the condition of general business. The
accounts of the company hare beeu examined by an expert
accountant, and his report, which is on file in this office,
shows them to be in excellent condition. During the year
there has been an increase of 3 district offices, 376 call boxes,
54 miles of wire. The lines and facilities have been main­
tained in good order and are all in first-class condition.
It has not been found practicable to maintain the increase
of rates which was inaugurated after the acquisition of the
Mutual District Messenger Company, and the old tarilf of
rates has recently been substituted, from which we hope to
recover at least a part of the pa’ ronage which was with­
drawn on account of the increase.
Securities —The stocks and bonds in company’s treasury
consisted of the following at their par value: 700 shares A. D.
T. Co., Balt., $3,500; 1,760 shares Dist. Tel. Co., Boston,
841.000: 250 shares A. D. T. Co., Cleveland, 85,000; 1,750
shares Holmes Elec. Prot. Co., 8175,000, and 10 coll, trust
bonds W . U. T. Co., §10,000.
The company’s stock is $4,000,000, of which $155,300 is in
the treasury.
S ta tistics—Earnings, etc., have been as below. Tbe gross
receipts in 1895 include $14,979 miscellaneous receipts—-divi­
dends and interest—and the expenses include $13,079 spent
for construction-.
EARNIXGS, EXPENSES AND CHARGES.

Gross receip ts.-.-.....
Operating t xpenses

1895.
$554,957
474,322

1894.
1893.
1892.
$552,095 $649,793 $699,345
483,954
550,003
633,728

Net earnings..........
$80,635
$68,141
Dividends................. (3%) 115,323 (1%) 38,440

$99,790
$65,607
................................

Balance................. del.$34,638 sur.$29,7(U
Previous surplus.......
70,660
40,959
Tot. surp. Deo. 31.
1895.
Miles wire......... 1.416
Oflices.................
69
Instruments___ 30,308
Messengers........ 1,030
— V. 60, p. 176.

$35,972
$70, , 60
1894.
1895.
1894.
l,362ti Mess’g’r oal's.2,306,302 2,208,359
66 Tel’g*ms del’ (1.4,582,385 4,373,953
29,93 2 CireTrs del’d.6,457,346 6,519,159
1,033

[V ol . L X II.

statement of availaole assets and liabilities herewith sub­
mitted.
N eeded Im p rov em en ts .—The West End steam line has cost
us 90 per cent to operate. I consider it of vast importance to
equip this line with electric appliances at the earliest practi­
cable moment, thereby making a large saving in tbe co3t of
operation. The cost of the change would be approximately
$50,000. It would be well, also, to reconstruct the B lyou
Road line of 2 9 miles of track. These two lines reconstructed
would complete all the work whioh I believe would prove
profitable to the c >mpmy at this time.
We are now using 7 car barns, when 3 would accommodate
our entire system. It costs fully an average of $15,000 per
annum to operate these stations, so that an important saving
will accrue by a consolidation of stations, to say nothing of
the real estate that would be released.
D ivid en d s .—It is true that the making of these improve­
ments would defer the resumption of dividends upon
your preferred stock, butlcannot conceive that the h >ld :rs of
said stock would object to the carrying out of a new policy
which would so largely strengthen and increase the intrinsic
valueof their property. Sb soon as the Abating indebtedness of
the company is fully discharged, it is our Durpose t o a ijust
the accumulated dividends in a manner satisfactory to the
stockholders, and to begin the payment of regular cash divi­
dends.
D ifficu lty as to P o w er .—The operation of our lines has been
seriously interfered with throughout the entire year past
by the almost daily interruption and stoppage of cars
due to the failure on the part of the Louisiana Electric
Light Company to supply us with a steady current. The re­
ceivers of the Louisiana Company have already improved the
service and promise at an early date to give us power to oper­
ate a full quota of cars upon all our lines and to start up the
Levee & Barracks line. The receivership proceedings against
the Louisiana Co. were undertaken mainly at the instigation
of the New Orleans Traction Company to place itself in a posi­
tion to operate continuously its cars, and to save at least
somewhat of its half million dollars’ interest in the Louisiana
plant. While it is true that we would be much better off if
we owned our own power plant, yet in view of the large intere-tof the New Orleans Traction Companv in the Louisiana
Electric Light Company I cannot advise the building of a
plant at least for twelve months to come.—V. 60, p. 963.
Chicago & South Side Rapid Transit ( “ Alley Elevated” )
( R e p o r t fo r th e y ea r end ing D ec. 31, 1S95.J

This road was placed in the hands of President Marcellus
T. Hopkins, as receiver, on October 5, 1895. In the report for
1895 the receiver states that on account of the sharp compe­
New Orleans Traction Company.
tition of parallel lines reaching the same territory, it has been
absolutely necessary, in order to retain patronage, to give a
( R ep ort f o r the yea r en d in g D ec. 31, 1895. J
first-class, and therefore somewhat expensive, service. The
At the annual meeting in New Orleans President S. IT. receiver reports that $33,295 was charged to the operating ex­
Maury iu his report stated.
penses for taxes, etc., that do not properly constitute a charge
F in a n cia l .—While we have yet many difficulties to over­ against the rev- nues for the year.
come, our prospects are much more encouraging than at any
The earnings and expenses are given below.
time in the past. We have put into operation, under elec­
1895.
1894.
Years endinq Dec. 3 1 tricity, during the past twelve months, eight different lines, Passenger earnings.............................
$679,381
32,303
aggregating approximately 55 miles, and have completed the Ofher sources........................... ..........
Levee and Barracks line ot 5-2 miles in addition.
Total gross............................. .......... ........... $744,167
$711,654
During the year 1895 our indebtedness was reduced consid­
Operating expenses —
erably over $1,000,009, and there was paid out for material Maintenance of way........ ....... ............ ........... $-7,190
$42,693
-36,975
and onstruction purposes a sum approximating $1,100,000. Maintenance of i olliug stock ..............
405,854
Conducting
transportation..................
If we realize approximately the value of our assets the com­
76,290
General expenses........................ ......... ........ . 8 ',193
pany will have in its treasury something upwards of $25,- Taxes................. .................................... ............ 46,630
16,750
000, after discharging all indebtedness of every description,
$563,561
T
o
t
a
l................................................
including disputed claims and accounts. We have on hand,
(81-2)
however, unsold, approximately, $1,100,000 5 per cent mort­ Per cent of operating expenses.......... ............ (75-5)
$143,123
earnings........................................... ........... $183,733
gage bonds of the Crescent City and New Orleans City & Net
525,000
Interest on bonds.............. ..................
Lake radroad companies, and $500,000 of collateral trust
notes of the New Orleans Traction Company. It is fairly
*381,877
Balance, deficit................................
safe to state that the options to purchase the 5 per cent bonds
The general balance sheet of Dec. 31, 1895, was as follow s:
will be exercised between now and May 1 next, and should
A.ssets
Liabilities.
the New Orleans syndicate exercise its option to purchase the Construction account $16,962,901 Capital stock................ $7,500,000
collateral trust notes hypothecated against its loan to the Rolling stock............... 1,006,331 Funded debt...................10,500,000
a' erials and supplies
Current liabilities, re­
traction company, the indebtedness of the traction company xMon
liand....................
33,058
ceiver...........................
31,226
would be entirely extinguished. There is, however, an obli­ Current assets ............
3,199 Unpaid interest past
135,274
clu e................
525,000
gation existing against the traction company to retire the Cash on hand, receiver
Interest due April 1---93,750
on hand, special
outstanding mortgage loans of the Crescent City RR. Co., ag­ Cash
receiver.....................
106,302
gregating $135,000, of which some $60,000 will mature in the Pro tit and lo s s ...........
397,911
month of May next,
Total...................... $18,649,976 I
T o t a l......................$18,649,976
The Crescent City RR. Co. has obligated itself to sell ail
real estate, etc., rendered unnecessary for its uses by the - V . 62, p. 137.
change of motive power and turn the proceeds over to the
Lake Street Elevated R ailroad.
New Orleans Traction Co. to reimburse it for sums paid out.
(R e p o r t f o r the y ea r en d in g D ecem ber 31y 1895. J
It is my purpose to try and sell these properties during the
The Chicago papers state the facts from the annual
next spring, if possible.
report which was read by President Louderback at the annual
T rack and E q u ipm en t.— As to track and equipment Mr.
substantially as follows :
Maury said: We have now completed 113 miles of track, meeting
The management has let contracts for equipping the road with elec­
^covering 138-2 miles of route, including 12-6 miles of We t tricity under most favorable conditions. The West Chioago Street
End line. We have on hand 258 electric cars and 17 aJdi- RR. Co. is to furnish power at 10 per oent over actual cost, thus sav­
ing the company a large sum annuallv. Eleotrical equipment, we be­
tional cars ordered, making a total of 275 electric cars. We lieve,
will have the effect of greatly reducing our operating expenses.
have also 51 cars and 7 locomotives, operated ou the West Its cost is estimated at about $219,410, including barn and repair
End dummy line, or a total of 336 cars ; all of which are in shops to accommodate thirty-eight cars.
Tlie Wabash Avenue extension was opened for traffic on on Sept. 22,
first-class condition, all of the electric cars being new and
1895. The result has beeu fully up to our expectations. It wa&
the larger portion of the West End dummy ears/beino-’ also deemed
best not to build the Humboldt Park line. The real estate pur­
new. This equipment will be sufficient for our present re­ chased to build the line, and costing over $368,850, is no weeing placed
quirements when we receive the 17 new cars being built by upon the market. The money realized will he used to reduoe the com­
liabilities.
the Pullman Car Company, and which are expected to be pany’s
We can expect a heavy increase of population from Garfield Park
shijfped oil Jan. l.Tptmd the cost of which is ^inbraced in the westward, as it is rapidly filing up with a very .desirable class of.

/

. February 1, 1896,]

THE CHBONICLE.

231

p».)ule- Tbia. vritu tile o coiil dim of t!i« loon, should a id .vl'hia a
G E N E R A L IN V E S T M E N T N EW S.
year 10/>o rad itiaaal passe.'izera par day, and tie natural inure iso
can ba ilxur :d it ,0 per cent per anuti a * « a orQS«rVAriva h isis. in
IXu"-ruior. lb *',, a; ;.oo , c ■( - v ;u am ■ u-iili.- Ti.fi i .55 •. o m
Reorganization Plans, Etc.—The following is an index to
tramPi,: witb 2-V1v» in lie-einoer. 18 K tv are iiant-tiviug our re:m tini* ar W#,t fifty - •!•mil 'fried i , build ai? a e o n a> lion* st ulna, all statements relating to defaults, foreclosure safes, reorganiitw
u .
uu r| L u
«> m-miuii m u surf «oa eleu- zitton plans, reorganization committees, payment of coupons,
tno line*, n‘ rli m iri- -1ill inure ise -m>- i>it*ile,-.
and receiverships, of (he principal companies, that have
Yiieo lilo.tb >* lai'tt
« » »a is
t ,-jtr i x > . -iu 1n r iuCv-- oeen published ia the CflROYicLd since the last editions of
*- - - -i d r a t Ti
MK ill rein l 't ’,1!
the BrYiSTORS’ and the Stroet R ailway Supplements' were
C a r r ie 1 a it, w a i i n e a r e r f l i . r u l e d
- f U i* r o a d
\Y- o * i e v e
u u i r n ir n li- i h >t f a n O a l a u e e i f t h e ft • « m
b oart-s w l l l o >m i i>it;i
issued, ail earlier facts of this nature being set forth therein.
t l i * i e * i f u * u i l i ! l '» t t a i d r e r e i v e t i n b a n -, f i t s o f t b e g u i r a u t y o y t d e
I: does not, however, in du le matter ia to-day’s Chronicle.
Nortuwo-iterii E. rated Rittroail Crtupauy.
The following abbreviations are used : Plan for reorgaaiziEstimate —The report contains ths following estimate of tion or readjustment plan: coup, for coupon par'meats ; def.
the n suits front operation, by electricity :
for default; com. for committee.
On the present b is aof 35,«00 nsssnaiara par daranl an annual
R t t u i u w ASO MISCEI,. O o s .
Street R ailways .
reVenn • of $ d*,.
from ini' ei'o nee11- inure- *. we would Hive a
Yoftfnr 62—
l'u<rr.
V o l u m e s «1 «,«f. 62—
P m re.
yearly i r*nine n i$ -o ',7ui0; 4o pec eeut o-ertii 2 ei'imis-r l>y <*ir- AloarlaBv. AC id ............ r e a r . } , is. Aib-ary P tea & Bdninr......vewr. 1012
Audir.iait
‘
Caul
R
.'til........,
.>i
lsi
Briiiintine
Tra-usit.....recur. 137. 1 S.>
trteitr wom l tjc. *29i.VM, li-arina net ea-ui ,_-t *{82.112. tlierl
Ci si., i-t ma Mlu-trse.......... n?.i
Ai iiiisdn Sysram—Atlantic & P.i...... Ihi 1 id * of I uu -iH lniM i : . r .
- .
: ■
« 8e ....................... J u r a t , a n i t - . IS: Clli. &So. Side R. T. I'l- 11! 1012, 1031,13 7
li- dr. i, i 9 1: Income bond lote-est, >10.- 4f ; total, 8’2-r *,247; b 1 iinue, I B-un:
uck ti jmau'iy,. ........ivarr. as,
'10
Own, 1033, Iuu. US-1, 1SJ
nvaitaaie tor .-.riurk, *82.075. The elac.ricul eq.rip.ursut, It U tjtmg-ui, i ''H
i Fear v >'atriu Vai, .
> 18. Colonial Elao. Si., ity. (Kinoalou.
a us nut ■« completed until April.
Cl'Aer V 1, ullr...... .rer../-, 185
,,M- Y.I ............
:...sale 10,n
Cuoiai-i AMil. Brides__— asm is:, Cooi'il. st. Ry (PortUmd, 0.1Jw - e e J . 930
Contracts—The stookhoMerj re elected the three obi di­ U l i t a m S u
........................... u » w , IS? , Dailira Consol. St......... p l t f t lots, lias
Cult,in*So... CS- . A C < m t o n
!
do
do
mw co. 1S5
rectors, whose terms hart expired, and uoanlmouity emiorai.i j Ca.-v
.tut'!, ISO.. »US. in dt:f. .......__ to l-t. Wayne 'lad.) ElecIris__ t e a r s . 900
■? , .. is? j Hoi.UCH1 c»y st, .By...........r c a r g , S 1
ail the contracts * nt. red into b y the present m a n ig-ment u, 1 tiul.uth a Winnsp
l.i
i'-v
Eyiut.v
.v
st.
I,.......retry,
1L->u«
Island V e r n . . M l t 1013, 1065,1138
the West Chicago, Northwesrern Ehv *«*•«! a id Uni in L top m i v 1 S > u t ? x S t , ............ . l i i t e c L a u t t isd
do
ria
n e w co. 1
IS :
.N; v York a 3n lb tea....... r ue. l s ; JfihvsaltttOStreet, By......see lido, JO
fflHBtBDiet. fbe contract with th; Union Loop 0 om.ianv P
'O
rlll
Daeatar
tc
laa.auav.
...?>?.
a.
1
8
I
:
YiCivine
raoMim...............
s?>
brought, it is stated, $441,(KK) into the treasury of tha Luke SJuil;Ldti„l!lu,i. iteahmu ...d.t?,mp., 18} Portl m l (Ore
i Conaol. Sr__ p l e i n SU
S L -ui, ?aa Fuiu— /ru e t i i n - .* is; |P ■.(*'?ret- Park A Coney Isl’ll...sole. 187
S-r- et Road.
Ual inPucSflc.......... ..........ciu/> 187 8-(title (Jons.St. Hr.. ..,„?e- ? Wig, 1 IS
dt? do
uuru. 187 Wator. A lir.Hv.ayit] - St. liy. . r e e n r . 1022
St italics —As indicating the improve unit of late in the iuiluti
8 uc-i B ................
rJ, js; ; We ? End 81. ( It i.ilitord, ,11.1, .sale 1)1
earnings, toe report shows :
Uiiltel Slate* t'ur l.e.'a......../,>•*,et. 187
For th©thre4manth* aiding O - 1^ . 31,1S3"*, iirons evrn!nsr*,w-wa $ 15
Nor . - 'till face tirurcs under Street R uiavavs refer to Vol. 62.
e

7 8 9 , « w d f , m l t i s iv i! h 8
l a I H i ; a ■*’ . ft > »,ti > •;
w i i a l t)? a l l b m iil-* w i l l b e e v e n t b k liy »«*<#.'•!,

c V ir
d e fic it

f

r

An'h •acitu (’ual R m is —Agreement.—O > Thursday, at the
l»ree
<>t 1•
«<*&,
For the aiouta of December there w & s a
ni'etiog of the otH/i tls of the.-, ;t*ir icite coal ro ids, the special
aarplto over JilEe
of ^3*46e.
committee appoin t- i Ins- w-efe made a report rec rtnmehding
F- r the year lS9"t, contrasting with ten months in 1894, •ire distiibu'i n ol the coal ton-atr* on the basis shown beljw.
results w e r e :
The percent-gea reco n mended w re unani-nously adopted,
T ear
T en m os.
iind it was agreed that they should ciuttnus in force from
lftfti.
Fi ». 1. 1896. lo Jan. 1, 1*97, after which date they 8-i->uld ba
G tm m earning* •»*»*«,«?
Operitln 4expense# f67* ,‘ tf pec o-nt) .............. a:- ,Oj 6
240,0^0 Mibj -tic to nn wkm on thirty'lays nodee from a ly company
d string a change. All t-h« elevea c-rmpanies were represented
Net revenue tea month*
$ 3J.Q0l nt die me. ti tg. The R -ailing, it will ba observed, is granted
Tunes* ... ___ _____ _
1 5ten- st. oa bond*
.
27 ' ,858 le«s than the 21 par cent el .timed by it, and tha percentage
17.3ii i
7,431 allowed th>- D-Inware Su-qu^hanna ft Schuylkill is quite
largely red tic- d from last year. The President of the latter
Total..........................
. . . . . . . . . . . . ^ 6 5 ,4 1 7
$303,168 c-.mpanv did nut vo"e on the final acceptance of the
D e fie it ................ .
$165,159 ugre-unetit, but assurance was given that his company would
abide by its terms.
aiStgfiJd, tll!.AXCe iWEET DEC. 31, 1695.
The p"rce ,t w ■* agre -1 on for 1896 u»d the productiorr in
A n e tt.
1
iA a M iU te n .
1895, compared with 1801, are as follows:
Dr.—
\ Cr.~

"C5eii». ami
T*>c*-'«. andmiterlul ...
fipeeli'il le-patr*
Xm m - aspoti n reserved
Iron*
Ae*;'is retvi able, el e.
acutfiint. ...
.....
i.5ev»fin© w n ' t

ltd -t i k .. . .. . $ 10 ,000,000
3.016,3511
*
-..
i v m f B‘t f n i i t*m
800.040
7 1,2911 j Oed;u*i ?«i*t dehenl'i. 3,783 2 >0
803,-00
i
tMIKds. . . . . . . .
3 7 , |
72/0)0
.. . . .
..
25,000
i l l,’ 41 |
69,'91
3.7 >5 -1 llee.1
snorts.....
571,500
12.517,{ till 1* »;•*vah'e ... ... .
40,478
3L1.10J 1 V m u h‘ r*t s»oii p a y rolls
14,000
| p t%we> t o ( t u x ea, 1,ft;?m ,
277,
**05
|
uup4 Id. . . . . . .
20,000
i Ke«erv«for^<l

Total .................... $1 >,821,574 !

Total ..................... $16,821,576

1896. --------- 18)5. —----- ^
Per r.t. Prorlttf lion. Per c t
P 'ihtde’ plii i & Beading'......... ..20 50
9,035*059
2117
7,380,154
15*81
L’dOvh Valley............. .......... . ..15*65
5,348,191
11*57
- .
Delaware Lri -sc. 4: Western___ ..r.3-35
6,129,260
13-16
4.:it7,343
Dei siware & 0n«!*un__ _ . . . . . . .
0-34
5,025,015
P-rtusjlvan!, RK........................
10-7!)
3*75
1,716,832
tvniiM ivuni i Coal ................... .. 4- -0
3*01
1,320,038
E rie,..................... . ................ ... 4 GO
3-06
N, Y, *>nrarh» v W ed mi. . . . . . .. 3*i«‘
1,424,107
4*11
1,905,784
Delaware Sn -d- & Sob o Jkttl__ .. 3*50
1,492,244
3*02
N, Y. ftnsd«ehaima te Western.. .. 3*20
Total.............................. ....... .10000

46,545,760

1C0-00

1394.
Per ct.
20*02
15*52
11*71
14-49
9-65
11-42
4*12
4-03
3*31
3-94
1-79

100 00

In the trearury there are binds addition*! to those shown
Yesterday the sales agenis decided to limit the prod­
above nmonif imbi,i n s as folio *»• 1st m >'t<vg • binds uo- uction during F-riruury to 2.5X1,000 tons, against an
assented $U)l,‘i09; colUteral trntt debantares, .$1 6 > J; in ­ output in February, 1893. of 3,133,246 tons. As to prices,
come bonds, #41,300.—V. 82, p. 85.
at tide-water New Y.irk free on hoard, or gross, the following
circular will rule: Broken, $3 25; egg, $8 50 ; stove, $3 75 ;
Northwestern Elevated RR, (Chieign).
chestnut, $3 30, This is a reduction as compared with cir­
cular uf Oct. 21. 1895, of 50 cents per ton on broken and 40f Report fo r the year ending Dec, SI, 1S05.J
cents oa other siz s, but an advance about 35 cents above
This company and the Columbia C instruction Cimprny, the prices lately current.—Vol. 62, p. 184.
which ii building the road, held th*dr annual m-xtitigs
A!iantic & Pacific —Atchison System, Receivership.—A t
on Jan. 8. It was sho vn that from the s d» of stock and the
few Northwestern hoods tint had been sold, and from other L'-s Angel h , Cal., on Monday, lu the United S.ates Circuit
sources, a total of #4,188,000 had been raised. Subscriptions Court, Judge R ws accepted' the resignations of Aldace F.
had also been ontainad from the insiders for #810,000 Colum­ Walker and J, J. McCook as receivers and appointed O, W .
bia stock, with a bonus of 40 per cent in Union Elevated stock, Smith to act as receiver from February 1.— V. 63, p. 184.
Baltimore & Ohio Rit.—Funding. —The new board of di­
and the balance of Cilumhia.stock unsubscribed.about $600,000,
it wea proposed to off t to th>* public. It will carry, like the rectors are maturing a plan for funding the company’s float­
Other i*su* 40 pre e nt in Union Elevated stock, 133 per cent ing debt and providing for its financial requirements, but
in Northwestern Elevated ureferred 6 per cent cumulative sime time is likely to elap-se before any public announcement
stock and 800 per cent of Northwestern Eh-vated common as to the plan will be made. The reported consolidation of
the various lines which makeup the system between Pitts­
stock. The total cost of the road is place 1 at $7,290,00).
President Lmlerback gave out the following from the burg and Chicago, to be called the Baltimore & Ohio North­
annual report:
___ western, it is said, is a proposition that is simply being dis­
cussed. The New York members of the Board, all of whom
Th ■CoItl'nila rionitrootloii Ooinnrnv If In tils mist 11itirlshln? oin- have recently entered the management, are Messrs. Louis
dltiin pnssitjle, ami ihe work which It h is done during th« last w ar
is phenomenal. W« have aequtredtlie m tire tlirlit »f way from Wilson Fuzgerald, President of tbe Mercantile Trust Co.; Eugene
A v- nns in too north to H «tsto i t Street and ifortk Avenue on me D laao. of Brown Bros. & C
Win. A, Read, of Vermilye &
aouth, and over two-thir U of t in bvlttocc of tUo riifhr, of way to Oai- Co,; Howland Davis, of Blake Bros, ft Co., and E, R. Bacon,
cofto Avenue. We Urv« put lu the fun idUUton* from Wilson Avenue on
!h« north to Jforttl AVcnne on the s ut*U. and In FraokUn Street from President of the B it imore & Ohio Southwestern. A collat­
Chlo-ao Aveouo to Mtchtrni. to Mlnhlt? ■II from Franklin to Wells, ana eral trust loan for $12,000,000 for funding floating debt, etc.,
la Fifth Avenue fro u X*ik» t> Von Bureu, niuoa the 25th of May, and other purposes, is, according to common report, under
1*9 v There only remain, two id iilio o il eoodemnation coses to eleor
uo the entire right o f way, end th •foundations oaa he pat la wHiilu consideration.—V. 62, p. 184.
six weeks.
„ ,, .
Boston & Albany RE —Advance in Stock,—T he advance
W« Have the Iron rtistriout *1 on the right of way from Fnllcrton
A v n n s o o the soutn r . <dork street on the in th. o distance of one in the price of this co npany’s stock has given rise to rumors
and a quarter tull-s. Th ■ mins are shipping ns 1UO oer-loads of that the road was to be absorbed by the New York New
iron per work, and thme is m rca*o i to supooso that the roaa Haven & Hartford. A New Haven official is quoted as say?*
will not be c i » >tsfs,| la ono y>or from dato. Everythiov “ *s heon
purciiaseil on a cash hr,is. at the lowest posslbi > m srket rates, and
when com pinto 1 » o »h iil*b sve the oh •apest a id best elevated road m
tb» world, > j miles of it bei id tour tracks, and i'7 being two trunks.
V. 61, p.472.

e

-a

The New Haven road does not want to bar the Boston & Albany
line at any such price as has been reported; the Boston & Albany
people do not want to sell; there is no intention to leas8 the property

THE CHRONICIE.

232

[V ol. L X II.

First Mortgage.—Four per cent gold bonds, Interest for
entire term 4 per cen t.............................................................. $5,275,000
Secotul Mortgage.—Four per cent gold lnoomes....................... 4,220,000
Preferred Stuck.—5 per cent, non-cum .................................. 2,500,000
Traction.— Common Stock.............................................................................. 2,500,000

and there Is no uioveineut on foot, either by the New Haven road as a
corporation or by individuals representing the New Haven corpora
tion, to secure a control of the road.—V. 61, p. 829.

Brooklyn Rapid Transit Co.—Long Island

New S ecu rities— The Central Trust Co. expects to be able to

deliver about Feb. 10 the new stock and bonds of the Brook­
lyn Rapid Transit Co., the successor of the Long Island Trac­
tion. The old stock paying the assessment will get for eaah
share $57 50 in new stock and $10 in bonds.—V. 62, p. 185.
Buffalo A Susquehanna RR.—E arn ings. —Earnings for the
six months ending December 31 have been reported as fol­
lows:
6 months Gross
end.Dec.3l. earnings,
1845.........$257,838
1891......... 179,851

Net
earnings.
$126,783
75,189

Interest
on bonds.
$30,010
24,316

Sintcing
funds.
$38,936
28,509

Balance,
S irplus.
$57,307
22,364

—V. 61, p. 1068.
Darlington Electric Ry. (Iowa)—D efa u lt.— This company
defaulted Jan. 1, 1806, on the first mortgage coupons, and at
a meeting Wednesday the mortgage trustee was authorized to
thoroughly investigate the condition of the company.
Called Ronds.—The following bonds have been called for
payment. The numbers may be learned at the respective
offices:
C hicago & N orth W estern . —‘ ‘Sinking fund bonds of
1879” have Peen drawn, interest ceasing Feb. 1st. The num­
bers and other data are given in an advertisement in another
column.— V. 61, p. 1154.
Cleveland & P ittsburg . —Sixty-seven series “ A ” con­
struction and equipment bonds have been drawn for payment,
interest ceasing July 1.—V. 60, p. 604.
H untingdon & B road T op .—Certificates of the H. & B.
T. Car Trust fund, 6th series, will be redeemed April 1st,—
V. 60, p. 346.
W estern UNIon T e l . C o —Thirteen sterling bonds have
been drawn for payment.— V. 61, p. 1066.
Cape Fear & Yadkin Yaltey Ry.—B altim ore P la n M odified.
—The Baltimore Committee, W. H. Blackford, Chairman,
gives notice that under the powers conferred by the agree­
ment of Oct. 31, 1895, it has modified the provisions of the
plan in the following particulars :
(1) The amount of Prior Lien Bonds under the plan shall he reduced
from $500,OuO to $100,000, and shall contain a provision that the said
bonds may be redeemed by the reorganized company at any time
after four years at L 5 and accrued interest.
(2) The holders of the First Mortgage Bonds of the Cape Fear &
Yadkin Valley Ry. Co. shall have the right to subscribe to their pro
rata share of said prior lien bonds at par within thirty days after the
issue thereof.
(3) The $531,500 of the General Mortgage Bonds provided for in
said plan to be issued after January 1st, 1900, for betterments, exten­
sions, equipments orlmproveraents.may be applied in whole or in part
after Jau. 1,1900, to the retirement of the prior lien bonds.

Owing to the increased earnings of the road the Committee
deemed it desirable to make the above change. It is ex­
pected to get a decree for the sale of the road early in Febru­
ary.—Y. 69, p. 185.
Carolina Knoxville <te Western Ry .—F oreclosu re Sale .—
The sale of this property is set for March 2 at Greenville, S. C.,
the upset price being $25,000.
Central of Georgia Ry.— C ou pon s. —The coupons due Feb.
1, 1896, on the first mortgage bonds of this company are being
paid at the office of the Guarantee Trust Company, 65 Cedar
Street, New York.—V. 62, p. 137.
Central Pacific RR.—S tan ford Suit.— Kx, Washington, on
Tuesday, argument was heard by the Supreme Court of the
United States in the suit brought by the United States against
the estate of the late Senator Stanford of California, as a
stockholder in the Central Pacific Railroad Company, to estab­
lish bis liability for the debts of that corporation to the Gov­
ernment, the demand being for the sum of $15,237,000. Both
in the Circuit Court of the United States for the Southern
District of California and in the Circuit Court of Appeals the
Government was defeated; the case comes to the Supreme
Court on appeal. The contention by the Government is that the
railroad company became indebted to the United States in the
amount of the bonds issued to them and was obligated to pay
the same with interest;‘that the Constitution of the State of
California imposed upon each stockholder an enforceable per­
sonal obligation fora proportion of ail debts and liabilities con­
tra ted by the company during his ownership of the stock.—
V. 61, p. 1154.
Chicago & South Side Rapid Transit U R —R eorg a n iza ­
tion N otice .— The E xten sion Bondholders Committee men­
tioned last week gives notice that deposits of bonds secured
by the mortgage of Jan. 2, 1893, wilt be received by the IllinoisjTrust & Savings Bank of Chicago to and including Feb.
15,1896. See full particulars in our advertising columns.—
Y'. 62, p. 185.
Chicago Peoria He St. Louis Railroad.—R eorg a n iza tion .—
The new company was incorporated this week in Illinois as
the Chicago Peoria & St. Louis Railroad, to succeed to the
property of the Chicago Peoria & St. Louis Railway, sold in
foreclosure September, 1895. The cash has been provided to
pay ( if the $500,000 receiver’s certificates, and the new com­
pany will at once take possession. The road will be operated
as an independent company, the intention to merge with the
St Louis Alton & Terre Haute having fallen through. It is
expected to have the new securities ready by April. The
committee is carrying out with some modifications the plan
of January, 1894, under which new securities are to be issued
as follows to retire all old issues:

The new first mortgage bonds will bear 4 per cent interest in­
stead of 5 a s originally intended. The old stock is given one share
of new for two shares of old on payment of $5 a share of old,
and are given for the assessment new preferred at forty.
Practically all the old securities have assented to the reorgan­
ization plan. The North & South RR. is left out of the reor­
ganization.
E

x c h a n g e

o f

B

o nds

.— E x c h a n g e s a r e t o b e a s f o l lo w s :

New Firsts. New Seconds. New Prep
Ch. P. & St. L. 1st M ......................
$900
$200
$400
First consols.................................
900
200
400
Second oonsols................... .........................
1,200
250
—V. 61, p. 870.
D irectors. —The directors §of the new company are: Henry

W. Putnam, Jr., Daniel B. Hatch, Charles F. Dean and John
W. Houston, of New York City; Charles H. Bosworth,
Springfield, III.; Charles E. Jackson, Middletown, Conn.;
James Miles, Silas H. Sfcrawn, Edward S. Whitney, William
M. Raymond and Charles D. Moyer of Chicago.
Cincinnati New Orleans & Texas Pacific Ry.— Cincinnati
Southern Ry — Southern Ry.— Cin. Ham. & Dayton R R .—
C in cin n a ti S outhern L ea se. — The city of Cincinnati has out­
standing $18,600,000 of bonds issued on account of the con­
struction of the Cincinnati Southern. About $15,000,000 of
these bonds bear interest at high rates, varying from six to
seven and three-tenths per cent; about $9,000,000 bearing
seven or seven and three-tenths per cent interest mature iu
1902 and the remainder of the $15,000,000 mature in 1896. The
present rental paid to the city for the Cincinnati Southern is
$1,000,000 per annum, which is more than theroad has earned
net for either of the past three years. Large improvements
and additions to the equipment are said to be necessary for the
proper future operation of the property to the extent in the
near future of at least $6,000,000. It is claimed that it would
be impossible for any lessee company or purchaser to provide
this money, which would add to the annual interest charge,
say, $300,000 and continue to pay the rental of $1,000,000. It
is this condition of affairs that led to a conference last week
in the city of Cincinnati between the sinking fund trustees
and the representative of the lessee railroads
The latter are
willing to renew the lease at a reduced rental or to purchase
the road. The matter, it is understood, was simply dis­
cussed, but it is expected that the conference will lead to a
definite proposition from the city authorities.
Citizens’ Street Ry., Pine Blnff, Ark.—F oreclosu re. —A
foreclosure suit has been brought against this company uadei
its mortage for $90,000.
Cleveland Canton & Southern RR.—R eo rg a n iza tio n N o­
tice. —The Corbin Committee notifies holders of Cleveland &
Canton first mortgage 5s that a sufficient number of bonds
has been deposited with the Mercantile Trust Company to
justify the committee in declaring the agreement effective.
Bonds not deposited by Feb. 15 may be deposited only under
penalty or conditions to be fixed by the committee.—V. 62,
p. 84.
Colorado Midland Ry.— E a rn in g s.— The earnings of this
road are said to sho w a very substantial improvement. The
figures are not officially given out, but are reliably reported
to show a net of $255,000 for the five months, July 1 to Dec,
1. The receiver has paid off $180,000 of certificates.—Y. 63,
p. 136.
Columbus & Hocking Coal & Iron —In terest P a y m en t .—
At Logan, Ohio, on Jan. 24, John J. Lentz, attorney for the
company, offered to pay into court at once $40,000 of the
$60,000 accrued interest ou the company’s bonds, and to pay
the balance within a reasonable time. Judge Huffman ac­
cepted the offer and gave the company until Feb. 29 to secure
the balance. This action was a surprise, as the bondholders
were in court expecting to secure the appointment of a re­
ceiver. It is said that the company has a large business in
sight and has just closed one very large contract. The bor­
ing for cil has also proven very encouraging.—V. 61, p. 1154,
Pry Dock East Broadway & Battery RR. (N. Y. City).—
Q u a rterly.— Earnings for the quarter and the six months
ending December 31 have been reported as follows :
3 months
Gross
Net
Other
end. Dee. 31.
earnings, earnings, income.
1895..................... $183,914
$19,196
$1,832
1894
........... 182,528
48,580
3,538
6 months.
1895
........... 383,689
97,994
6,254
1894..................... 365,490
104,694
6,023

—V. 61, p. 793.

Interest, Balance,
tax's, etc. surplus.
$34,432
$16,596
32,815
17,273
66,928
64,908

37,320
45,809

Duluth Transfer RR.— D efa u lt .—Interest due January 1,
1896, on the 6a of 1891 is in default.
Fitchburg R R .— Q u a rterly .—Earnings for the quarter and
the six months ending December 31 have been reported as
follows:
3 months endGross
in gD ec.31— earnings.
1895...................$2,074,268
1894 ................ J,895,312
6 months—
1895
......... 4,034,956
1894................... 3,804,316
—V 61, p.794.

Net
earnings.
$630,335
607,437

1,319,376
1,309,104 .

Interest,
taxes, etc.
$379,747
336,742

Balance,
surplus.
$250,588
220,695

748,807
765,076

570,569
544,028

Fib r

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THE CHRONICLE.

1 , 1 8 9 6 .]

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re a ch

c o n s id e r e d
o b ta in e d

th e

T h is

R y .,

7 ,0 0 0

sta tes

a g re e

S a v a n n a h , a b o u t

G e o r g ia

C o n s e q u e n tly ,

th e

o r

th e C o lo n y

n ot

y e t

mi l e s

on

p r e s s d is p a tc h

s

L u la v ille , a n d

4
6 ,0 0 0

a r e s e ttlin g
b y

W a y c r o

R y . to

so m e

th a t v ic in ity , p u r c h a se d

h as

&

e x te n s io n

w h e re

a n d

P u rcha se, E tc. —

R y .—

A b b e v ille

G.

o n

th e c o n s tr u ctio n
s o ld ie r s ’

th e

estern ,
roa d

is

S a v a n n a h , u n d er

u n d u ly

in

&W

T h is

th e

lin e o r t o b u ild

b u rd en som e.

r e o r g a n iz a tio n
a

n ew

roa d

in to

S a v a n n a h .— V . 6 1 , p . 6 1 0 .
K e n tu ck y
o f

M id la n d

O rdered. —

R R .— S a fe

th e C ir c u it C o u r t in

F r a n k fo r t, K y .,

J u d g e

C a n tr ill,

h as ord e re d

th is r o a d

233

National Linseed Oil-— Com m ittee’s R e p o r t. — A commit­
tee consisting of John L Gosppiuger, J. W . Wallace and
Martin Collies, appointed by dissatisfied stockholders to ex­
amine into the “ true condition of th? company’s affairs,” has
made a supplemental report criticising the company’s
methods, particularly for paying dividends alleged not to
have been earned.
L itig a tio n . —In Illinois, General Maloney has commenced
q u o-w a rra n to proceedings against this company to annul its
charter. This action, the company says it is advised by it 3
attorney, if pressed, will terminate favorably to the com­
pany, as there is no ground whatever for the proceedings.
In Indiana, two years ago, one of the original owners of
one of the smaller properties now owned by the National
Linseed Od Compmy brought suit to recover the property
and have it restored to him on the ground of the company
being a “ trust" and monopoly. O i the 20th inst., Judg;
Baker, of the United States District Court, sitting in Indian­
apolis, handed down a decision upholding the deed to the
property in question, by which conveyance was made to the
National Linseed Oil Company.
All the property of the company, the company states, is
held in fee simple, the deeds are all of like form and were
prepared by the attorneys of the company at the time of
transfer—Judge E. B. Adams, of St. Louis, and W. W. Gur­
ley, Esq., of Chicago.—Y. 62, p. 186.

New York & Greenwood Luke Ry.—Erie RR.—R eo rg a n i­
zation an d L ea se .—President Hewitt of the New York &

Greenwood Lake notifies the holders of the first and second
mortgage bonds of 1878 that the Erin Railroad Company has
agreed to lease their road for 999 years at a rental sufficient
to pay interest on the prior lien bonds accruing after May 1,
L a k e S t r e e t E le v a te d
R R . — F oreclosu re L itig a tio n . — M r .
1896, provided the bondholders on their part agree to convert
Z ie g le r in h is c o n t e s t w it h th e c o m p a n y o n T h u r s d a y t h r o u g h
their holdings into the prior lien bonds, part of an issue of
t h e m o r t g a g e tr u s t e e tile d a
b ill o f
fo r e c lo s u r e
a g a in s t
th e
$1,500,000 5 p. c. gold bonds due in 1942. Of the latter $323,c o m p a n y a lle g in g d e fa u lt o n t w o s e m i-a o n u a l in s t a lm e n t s o f
000 are now outstanding; $630,000 will be required for the
in te r e s t
a n d on
p art o f th e
in te r e s t
d u e J a n . 1, 1895.
T h e
above-mentioned conversion, and $542,000 will be available
S u p e r i o r C o u r t o f C o o k C o u n t y s u b s e q u e n t ly is s u e d a n i n j u n c ­
for double-tracking the road and providing equipment. The
tio n
r e s tr a in in g
th e
tru st c o m p a n y
fr o m
p r o c e e d in g w ith
old firsts will receive 50 per oent of their face value and the
fo r e c lo s u r e .— V . 6 2 , p . 8 5 .
old seconds 10 per cent of their face value in the prior liens.
L o u is v ille
It N a s h v i l l e R R — Bond R ed em p tion .— T h e
B mdholders assenting must deposit th»ir bonds on or before
c o m p a n y is p a y i n g t h e t e n f o r t y a d ju s t m e n t m o r t g a g e
b on d s
February 15 with President Hewitt, 17 Burling Slip, New
c a l l e d f o r r e d e m p t i o n F e b . 1 , 1 8 9 6 . a t its o f l i : e . N o . 1 2 0 B .- o i d York. The Erie Railroad and Cooper, Hewitt & Co. hold
w a y .— Y . 62, p . 85.
$600,000 old firsts and $900,000 old seconds, and President
L o u i s v i l l e S t . L o n i s & T e x a s R y . — Plan
Endorsed— A t a Hewitt urges on the other bondholders to make the exchange.
Otherwise heavier charges than ever before must be met for
m e e t in g W e d n e s d a y c a lle d b y A u g u s t u s M e ttle r , s e c r e t a r y o f
terminals, use of tunnels and tracks, as well as large outlays
a s o -c a lle d “ P r o t e c t iv e
C o m m it t e e ,”
to
p ro te st a g a in s t th e
for improvements, etc., making the outlook poor for the in­
p rop osed
p la n
( V . 6 2 , p . 1 8 8 ). h o ld e r *
o f 630
fir s t m o r t g a g e
come bondholders.—V. 60, p. 929.
b on d s
a fte r
d is c u s s in g
th e
m a tte r d e c id e d
th a t
n o
p rotest
b e m a d e.
It w a s r e s o lv e d th a t
D .
A .
H e a ld b • d e le g a te d to
New York New Haven k Uartford RR.—Old Colony RR.—
a c t a s a v o t in g tr u s te e in th e r e o r g a n iz a t io n .— V . 6 2 , p . 138.
-Veir D ep ot —New S tock . — A bill has been introduced in the
Massachusetts Legislature authorizing the New Haven road
M a co n k B ir m in g h a m
R R . — Sale C on firm ed . — J u d g e F e l ­
to take land on Kneeland Street, Boston, as a Bite for a new
t o n a t M a c o n , G a ., o n J a n , 2 4 , c o n f ir m e d th e s a le o f th is r o a d
Union station, and providing also for an issue of $1,000,000
o n D ec. 27 to E d w a rd
A P a r s o n s, o f B o s to n , o n c o n d itio n th a t
of Old Colony stock to pay for the additional terminal facili­
t h e $ 1 6 8 ,4 0 0 o f l - a s e w a r r a n t s s h o u l d b e p u d f o r b y T h u r s d a y
ties.—V. 61, p. 559, 1155.
la s t .
O n p a y m e n t o f t h i s s u m t h e r e w i l l r e m a i n $ 1 0 0 ,0 0 0 d u e .
a n d
th is
m u st
be
p a id
w ith in
s ix ty
d a y s.
T h e a ttorn ey *
New York Pennsylvania k Ohio R R.— R eorg a n iza tion
s till
r e fu s e
to d is c lo s e
th e
id e n tity o f th e ir p r in c ip s ls .— V .
N otice. —Notice is given that all first mortgage scrip certifi­
62, p . n o .
cates not deposited under the agreement of Sept. 6, 1895, on
or before Feb. 7, 1896, will be received ouly on payment of a
M e m p h i s k C h a r l e s t o n R R . — C ou pon P a ym en t. — E a r l y
in
fine of £1 per $1,000 until farther notice.—V. 63, p. 139.
t h e w e e k t h e r e c e i v e r s g a v e n o t i c e o f t h e p a y m e n t , t 'e b . 1 , o f
New York k Staten Island Traction—I n c o r p o r a tio n .—
th e
co u p o n s
n a m ed
b e lo w .
S u b s e q u e n tly
th e
C ou rt
te m ­
This company was incorporated at Albany on Monday to con­
p o r a r ily w ith d r e w
th e
a u th o r ity t o m a k e th e
p a y m en t, bu t
struct railroads and other works of improvement. The capi­
o n
T h u rsd a y
th e
fo llo w in g
a d v e r tis e m e n t
w a s
p u b lis h e d :
tal is $2,500,000, and the directors are Charles L Horton, A r­
“ T h e o p p o s itio n to th e o r d e r
o f
th e C o u r t a u th o r iz in g th e
thur D. Chandler, Daniel H. Shea. Francis P. Lowery and
p a y m e n t o f t h e p a s t -d u e in t e r e s t h a v i n g b e e n
w ith d r a w n , th e
William Rae Morrison, of New York City.
c o u p o n s th a t m a tu re d o n J a n u a r v
1, 1 8 9 4 . o f
th e
fo llo w in g n a m ed b on d s
w ill b e p a id o n a n d
a fte r
F e b ru a ry 1, 1896, at
North Side Electric Street Ry.—North Chicago Street
t h e C h a s e N a t io n a l B a n k , N e w Y o r k ; w it h in t e r e s t t h e r e o n a t
RR.—N ew B on d s. —The North Side Electric Street Ry. Co.
th e ra te o f s ix p e r c e n t p e r a n n u m fr o m
d a t e o f m a tu r ity .
has made a mortgage to the Illinois Trust & Savings Bank of
F irst an d Second E xten sion 7 p e r c e n t b o n d s , d a t e d 1 8 5 4 , Chicago as trustee, securing 6 per cent currency bonds dated
e x ’e n d r d 1880.
November 1, 1895, and running, without option to call, till
Second M ortgage 7 p e r c e n t b o n d s , d u e J a n u a r y 1 , 1 8 8 5 , r e ­ November 1, 1915.
The mortgage provides for the issue
n ew ed .
forthwith of $300,000 bonds, and limits the amount to be sold
F irst M ortgage Tennessee D ivision 4 0 - y e a r 7 p e r c e n t b o n d s . to $1,500,000 at not exceeding the cost of construction.
C on solid ated M ortgage 4 0 - y e a r 7 p e r c e n t b o n d s . — V . 6 1 , n . In excess of $1,500,000 further bonds can be issued
659.
with authority of the board of directors, and on the terms
Milwaukee Street R j . — Sold in F oreclo su re.— A t M i l w a u ­ laid down in the mortgage, but not in excess of 75 per
cent of cost of extensions, betterments or improvements. The
k e e , W i s ., o n W e d n e s d a y t h i s c o m p a n y 's
p r o p e r t y w a s s o ld
company now owns 7'43 miles of track, and has Issued bonds
in
fo r e c lo s u r e
u n d e r th e
c o n s o lid a te d
m o rtg a g e ,
a n d p u r­
to the amount of $135,000. We are informed that these bonds
c h a s e d fo r th e r e o r g a n iz a tio n c o m m it t e e
b y
W illia m
N e ls o n
are guaranteed by the North Chicago Street RR.—V. 62,
C r o m w e ll, o f N e w Y o r k , fo r
$ 5 ,0 0 0 ,0 0 0 .
M r. C r o m w e ll’ s b id
p. 183.
w a s th e o n ly o n e m a d -.
It
is s a i d t h e r e o r g a n i z e d c o m p a n y
w ill b e k n o w n a s t h e M ilw a u k e e E le c t r ic &
L ig h t C o m p a n y .
Northern Pacific RR. —R eceiversh ip M atter S e ttle d —At
— V . 62. p . 40.
Washington, D. C., on Tuesday, the four Justices of the Su­
preme Court, ac'ing as Justices assigned to the several cir­
M i s s o u r i K a n s a s A T e x a s R y . — Second M ortgage In ter es t.—
cuits in which the Northern Pacific RR. Co has property, de­
C o u ix o n s d u e F e b
1. 1896, o n th e B econ d m o r tg a g e 4 p er c e n t
cided that Judge Jenkins’s Court for the E astern D istrict o f
g o ld b o n d s a r e b e in g p a id u p o n
p r e s e n ta tio n
a t th e o ffic e o f
W iscon sin should be considered the Court of primary juris­
th e c o m p a n y , 4 5 W a l l S t. T h e in te r e s t o n th e s e b o n d s b e c a m e
diction. The Wisconsin Court will therefore, it is exoected,
a f i x e d c h a r g e i n A u g u s t l a s t , s o t h a t t h i s is t h e f ir s t p a y m e n t
speedily
appoint its receivers for the entire road. Etch of
w h ic h
th e c o m p a n y
w a s r e q u ir e d
to m a k e.
A s a m a tter o f
the four Justices issued the following order, to take effect in
fa c * 2 p e r c e n t h a s b e e n p a id
on
th e lo a n e a c h F e b . 1 s in c e
his particular circuit:
a n d i n c l u d i n g 1 8 9 2 .— V . 6 1 . d . 1 1 6 5 .
to

b e s o ld

in

fo r c lo e u r e ,

th e

u p set

p r ic e

b e in g

$ 2 1 1 1 ,0 0 0 .— V .

61, p. 703.

N a tio n a l

D ock

P e n n s y lv a n ia
h as

m a d e

v a n ia

R iilw a y

N ew

in

C om p a n y

in

J u n c tio n

C h a n c e llo r

in ju n c tio n

fr o m

tu n n e llin g

R o c k s "

J e r s e y

— V ic e

p e rm a n e n t th e

R R .

“ P o in t o f

k

R R

C ity .

o f

N ew

r e s tr a in in g

in te r fe r in g

u n d e r th e

J ersey

C o n n e c tin g

R eed
w ith

th e

th e

P e n n s y lv a n ia

R y .—
J ersey

P e n n s y l­

C o n n e c tin g

tra ck s

at

th e

It Is ordered that tn respeot to the proceedings now being oarried on
for the foreotosure of mortgages on the Northern Paoiti i Railroad
Company, the Circuit Court for the eastern District of Wisoonstn be
regarded as the Cour- of primary administration, and that the pro­
ceedings in this Court will be ancillary in thur character and in aid
of the proceedings in the Court of primary administration. But this
Court reserves the right at any time, upon the application of any person
or persons interested, or upon iti o w u motion, to m ike suoh orders

234

THE CHRONICLE.

8i d (If cif f 8 fif* to it fliall serin Juft for the i iote< Hon cf the crcdltois
of the railrr ad ccmpbi y letidii Kiiliin its juiiedictiou.

Justice Brt \vd signed the order for the Secocd Circuit (New
Y ork ); J\ stice IIpTlan sipred for the Sevfnth Circuit (” iscorsir): Justice Brewer for the Eighth Circuit (Nerth Dakcta erd Mirucsota); srd Justice Fit Id signed for the ismth
Circuit (OrectD, Idaho, Washirgtoc ar d Mcutara).
Justices Field, B a i k n aid Biiwer gave their corclusiors
tuVsiernally as foil* we :
• We are of ri irioit that prererdirgs to foreclose a moitprjre upon
lim s extei dint ihr< i^ h irorc than cue diet i ict ►houldbecoD/poerc'Cl in
the Ciicoit Coi it oftl< dim let 1n which the ptincipal operaiint offices
art*hhi &Ii (1, anil ill v liii ll 11;(It ise tomcno, totia) l in t of 1lie railroad em
brai ( <J I t tlir mortgage. Hull court ihouJd bi the coert ot ] ltraary
juti I’ictis ii. But in view of the fact that a poilion of the lire of ibe
retd ont til by ilie Northern Pacific Pen pal y is within the Sti.te of
Wiscorstn. aid that at ihe time of the filing o f ihe creditor shill the

Northern Pacific liR. Co. was oieratii s a toad through tbe Eastern
Piatiict i f Wisconain, although snob road was under base
to it for t ircty t inc years; and in vltw of the further fact
flat the railroad company assented to the act of tbe Circuit Court
for the Mattel n Dim ict of Wisconsin in lahir.fr jurisdiction, and as
si cl. i xeteise of )ui if diction lias been reicgi izid by the ( ireuit Court
in i very diet! ict along tic line of the Ni ribetn Pacific Railroad, and
by all pat tits for the space of about tITo years, we are of opinion that
tbe (It cult Com t fir the Pastern Distitot of Wisconsinhas junsaictii n to j r a n d to ad orse of foieclostire which will bind the mort­
gagor cor paty and tbe n.oitgtged property, and otulit to be
recognized 1*v tbeCitcuit Couit of erery district along tbe line as the
court of ptiiraiy juiisdietlop. in expressing these views we ate
not f o i e understood as passing upon the proposition ado and d m
argument, but m t mcessutyto be here considered, that it is compe­
tent lor a Ciieuit Couit of the United States, l y conseLt of parties,
to foreclose 1 be n on gage i f a latlioad no pait of which is within tbe
teriiur al jurisdiction of such oot rt.”

Poitsm enth

S lic tt I!y., T oilim on ll), Ya.—Aetr JL’orfbas filed a died of mortgage to the
Ur icn Trust C on pary, oi PI iUcelphia, as tiustee lir §EC0,0( 0 to secure the pa; rre rt cl 750 cor pet herds, payable Jan­
uary, 1926.—V. 62, p. 86.
I’ nl Imsii’s Balt ce ( sir.—litigation .—Jvdgi Dallasat Phila­
delphia has filed an epinien in tbe United States Circuit
Court, leaving lo ihe United States Sugrtme Ceurt tbe set­
tlement of a question as to which tribunal (the United States
Supre me Ceurt or the Cit cuit Couit of Appeals) the Pullman
Company shall apj eal from the decision tendered ; gainst it
in the suit lrcught l y the Central Ttansporlalion Company.
A decree for 84,285,044 was entered in favor cf Ibe Central
Transportation Cempaty, the award being §2,582,000, with
eleven years’ interest. The Pullman Company desired to ap­
peal the case direct to the Unittd States Supreme Court.—
V. 62, p. 139.
Richmond Nicholasville Irvine & R eatiyvillf RH.—R e ­
o rg a n iz a tio n P la n .—A plan has been prepared, but is open to
seme modifications. The irdebtidness of tbe read is as’ follows : First mortgage bonds issued, $2,834,000; contractors’
liens, $460,000; re ceivers’ certificates, $123,000; urpaid taxes
and claims having prioiity over cor tractors’ liens, $10,000;
cost and experses cf reorganization, $17,000; total, $2,944,000,
The plan is understoed to provide for ihe issue of $1,600,000
common stock ard for first and second mortgage bonds. The
present bondholders to receive 50 per cent o f their holdings in
stock and to subsciibe at 90 for $165,000 first mortgage bonds,
with a Etock tonus for a like amount. The contractors to re­
ceive par for their debt in second mortgage bonds and in ad­
dition 50 per ceDt in stock. 1 he suit against the Louisville
New Albany & Chicago for non-fulfillment of guaranty [al­
leged I y tbe latter company to be illegal] on a portion of the
old bonds is in the Court of Appeals.—V. 61, p. 1014.
San Diego Land & Town Co.— C ou p on P a y m e n t .—All
coupons of August 1, 1695, and prior thereto, will be paid by
the receiver upon presentation at his office, 95 Milk stieet,
Boston.—Y. 61, p. 1065.
bclinylkill Traction (0 irard ville, Pa.)—A n n u a l S tatem en t
—This company, which owes 22% miles of trolley railway in
Schuylkill County, P a.,nakes the following statement for the
fiscal year ending Sept. 30, 1895, in comparison with the pre­
vious year: Gross receipts, $90,981, an increase of $2,693; operatirg expenses, $52,851, and net earnings, $38,130. Deduct­
ing taxes and insurance, §4,770; interest on bonds, $25,000,
leaves a surplus of $8,360, an increase of $1,636. During the
past year the company has charged to operating experses a
considerable sum for peimanent improvements to the road­
way, equipment ard power-house. For the three months
endirg Dtc. 31, 1895, the gross earnings were $23,994 against
$22,409 in 1894; net, $9,839, against $7,917; interest charges,
$6,249; surplus for three months of 1895, $3,589. The officers
of the company are Presidei t, Dallas Sanders; Secretary and
Treasurer, John A. Johann, and General Manager, E, W .
Ash.— V. 61, p. 663.
Superior I apid Transit (Y> <st Superior, Win.)— R eceiv er
A p p o in te d .— Judge Bunn, of the United States Court, on
Tuesday issued an order at the rtquest of Central Trust Com­
pany of New York, placing the Superior Rapid Transit Com­
pany in the hands of S, T. Norvt-1, of Superior, and F. W.
Oakley, of Madison, as receivers.
Third Avenue RR. (N. ¥. C ity).- Q u a rterly. —Earnings for
ilie quarter and the six months endirg December 31 have
been repotted as follows:
g a g e.— TYis c o n p e r y

Mr. Justice Brow n favcrid rf cognizing the Circuit for tbe
District of Minnesota, within which are the ptincipal tffices
of ilie company, tut waived his t iews to secure bsitnony.
This actii n by the Supreme Court Justices puts an erd to
the ccniusie n.. that has e xistsd, and theertire preperty will
ne w le rest ere d to one jut isdicticn, where, as the opinion ex­
presses it, a decree of foreclosure can be oltained v hich will
bind the mortgager cernpany and tte mertgaged property.
It is ute’ erstoed that reorganization plans will now be pro­
ceeded with aid a plan be lrcught out as soon as the
financial etitlcok is favorable for raisirg the large amount cf
cash which will le ntctssaiy.—V. 62, p. 139.
( tuaha Bridge & Ttim ir al.— A'ew U nion S tation a
C m a la .—Tlis ci n pzt y, which is cenirclJfd by ibe Drexel
intexetls in Philadelphia aid cwns a railread bridge at
Cn aha, is the rt ly to 11 gin the corstirelicr of a union station
at Omaha at an estimated ccst of towards 52 OOC.OCO. The
staticn will le at the c in e r of Ninth and Farcam streets.
The Neltaska State Beard of Ttarspi nation has oideted
wetk to begin l y May 1.—See Omaha & St. Leuis item V.
62,p. 41.
Omaha H St. Louis HR.—Sold in F oreclosu re,— At Omaha,
Neb,,J»D. 27, this road was se.Id lot §1,560,000 under fore
clcsute lo Cornelius B. Gold, of New York, tepiesenticg the
herdhe Idets. The enly ether bidder was W . O. Winston for
the Wabash.—Y. 62, p. 41.
Oregon l y. & Navigation—Union Pacific.—R eferee's R e ­
p o r t .— A\ Porllar d, Ore.,Jar. 28, Judge McArthur, referee, filed
his report ri gar dir g 1he claim s ard counter claims of thi Union
Pacific ard Oiegcr Railway & Navigation ct mpanies. The re­
port is stall d to be favorable to the Navigation Com; any in
nearly eveiy respect. The claims of the Union Pacific re­
ceivers ; gainst the Navigation Company aggregate about
$500,ICC—V. 62, p. $5, 187.
Philadelphia & Reading.—The results of operations for
Decembtr, the fiist month of the fiscal year, have been as fol­
3 months
Gross
lows :
end. Dec. 31— earnings,
R a il r o a d C o m p a c t —

Gross receip ts...............
Operating expenses........

,--------- December.---------- . 1895...............*616,429
1894
... 596,752
11195.
1894.
6 months—
*
$
1,839,257
1,551,928 1895 ........... 1,342.148
1,017.518
947,067 1894 ............ 1,211,571

Operating profit........................................
Net fiom otlior sources................................ .

815,73.4
.5,339

T ota l..........................................................
Di duel—
Equipment payments......................................
Teiuiii al trackage.......................
Improvements.
...........................................
Proportion year's cliatges..............................

891,078
91,920
40.IKO
26.247
695,Ouo

Total. .........................................................
853,167
Balance........................................... ................ sur. 37,911
Coal A- I ron C o .Gross receipts................................................... 2,216,353
Operatire expenses......................................... 2,230,729
Coilteiy improvements...................................
65,728
Permanent improvements ............................
2,321
Gross 'expenses...... ....................................
2,298.778
Result In m mining
................................. de.f.82,420
Proportion year’ s charges...............................
H5,oiO
Balance...... ......................................................def. 177,420
P. & R. and C. & I. Co.—
Balance ol Railroad Co.................................. sur. 37,; 11
Balance C. A I. Co...........................................der.177,120

(0 1 ,8 6 1

[Y o l . L X II.

Net.
earnings.
*249,145
245,313

Olh-r
income.
*8,913
5,524

Interest,
taxes, etc.
* -4 ,l» 9
85,502

607,903
-547,157

21,023
12,732

166,243
172,977

Balance,
Surplus,
*173,859
165,335
462,636
386,912

Loans ard bills payable Dec. 31, 1895, $1,750,000, against

72,942 : $1,150,000 in 1894: cash oa hand, $33i,323, against $102,823 in

1894.—V. 62, p. 86.

.

6 7 7 ,8 0 3

•

9 2 ,8 1 0
3 7 ,8 3 2
4 1 ,4 7 1
€ 9 1 ,2 7 4

866,387
def.l88,58<*
1.588,255
1,7. 8,205
34,698
2,781
1 ,7 7 5 ,6 8 4
d e l . 1 8 7 ,1 2 9
1 0 6 ,0 0 0
d e f .2 9 3 ,4 2 9

Union Pacific RR.— K . P . C onsols A ccep t P la n . —At the
|meeting on Tutsday of holders of certificates represent­
ing Kansas Pacific consols deposited with the Tappen Com­
mittee, Thomas Denny introduced a resolution, which was
adopted unanimously, indorsing the action of the committee
representing the bondholders in accepting the terms offered
by the Union Pacific Committee. Thi3 proceeding binds all
of the depositing bonds, amounting to over $10,440,000 out
of a possible $11,000,000, to tbe general reorganization plan.
Holders of about $6,500,000 certificates were present at the
i meeting.—V. 63, p. 139,
Western New York k Pennsylvania R.v.—B on d P a y m en t .—
The principal of the Warren & Franklin first mortgage bonds,
due Feb. 1, 1896, are'being paid on presentation at tbe Mer­
cantile Trust Company, N. Y. City. Tne coupons are paid as
usual at the company’s office in Philadelphia.—V. 61, p. 872.

d e f. 1 8 4 ,5 8 4
d e f .2 0 3 ,4 2 9

Balance both companies..........................def. 139,509
def.481,913
Y. 62, p. 186.
Pittsburg & Luke Erie ItR.- A n n u a l S t a t e m e n t .- For the

-The fifty-first annual statement of the Mutual Benefit
Life Insurance Company, of Newark, N. J., has been issued.
The income for the year just closed was $10,537,376. There
yenr ending Dtc. 31, 1895. the gross earnings were $4 704,- was paid to policy-holders $6,849,870. The gross assels on
857, contrasting with $3,880,175 in 1894 ; m t over operate g Jan. 1 were $57,795,361, as against $55,661,388 the year pretxpetses and taxes. $1,314,764, aeainst $1,324,551, ihe in v toUM Some of the important features of a Mutual Benefit
create in gross cart ings being 21-25 pir cent and in net 7-37 policy aie stated in the company’s card, which may be foundper cent.—V. 60, p. 709.
n arothtr column.

Febscary 1, J8»6,!

T\ie

THE CHRONICLE.

Commercial Ifimes.

C O T T O N .

Friday Night , J muary 31, 1898,
This Mo VEMent of the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 122,902 bales,
against 112,395 bales last week and 119,837 bales the previous
week, m iking the total receipts since the 1st of Sept., 1895,
[ 4,035,123 bales, against 6,318,365 b a te for the same period o f
; 1394-5, showing a "decrease since Sept. 1,1895, of 2,183,243 bales.

COMMERCIAL EPITOME.

Friday NIght, Janaary 31,1396.
The movement of general merchandise at first hands has
again been moderate for both raw material and manufac­
tured products. There has. however, been an increase in the
jobbing distribution of staple goods during the week, with
evidence that country merchants are commencing to replen­
Receipts at— j
ish stocks, and altogether there is a slight improvement in
average trade conditions. Tne return o f gold to this country Galveston........ !
and a hopeful feeling regarding the placing of Government I Tex. City, &c.
bonds serve to impart a greater measure of eon fid- nee in Yaw Orleans...;
commerced circles. Speculation in leading commodities is Mobile___. . ...j
cautions, but develops somewhat more optimistic tenden­ Florida.............i
cies. The foreign demand for wheat is good, but the cause-j Savannah ........
queat increasing movement at Western points will probably
Brunsw'k, tfec.
add to visible supply at next official count. From the wheat- Charleston___
Ee-dtd sections there is considerable complaint of lack of
Pt. Royal, &e.
snow protection and of alternation of freezing and thawing, Wilmington___■
and claims of injury to grain are more common.
Wash'tun, &e.
For lard on the’ spot there has been a quiet market and |Norfolk.............
with increased offerings prices have weakened slightly, clos­ West Point.......
ing at 5-95c. for prims Western, 5'45e . for prime City and
N'port N., .fee.
8 2oc. for refined for the Continent. In the local rnirbet for New Y ork........ :
lard futures speculation has continued at a standstill and Boston „ . . ........
nominal prices have been without important changes, clos­ Baltimore........
ing steady,
Plitladelpli'ct, &e
DAILY CfLOSISO PRICES 07 LARD TUTURES.
8al,
January..___ . . . . . . . . . . 0. 6 0 0

Man.
....

Fite*.

»V/i.

Ihur,

235

Sat, J Mon.
2,445
251
7,332
777
.........
2,157,
.....J
826:
..... j
300

Tues.

ftp .

Thurs.

4,636 1,738
139
8,593 10,577
3,142 1,001
—
1,880 3,435
......
1.329 1,577

2,280
817
6,329
2,006
......
2,763

1,453

1,431

1,842

632

689

395
2,022

1,U1

3,245
100
......
1,006
1,127

37

202

334

572

1,017
550
5,019
270
...__

.......

1,522! 2,0X1
20!
100
. . . . . . j . .....
........ 1 500
878
061
. . . . . . ......
45 S ......

688
100
. ____

782

Fri.

Total.

669
926
9,369
594
2,662
3,888
923
1,493
......
364
13
2,279

13,305
2,683
47,419
7,790
2,662
15,531
923
8,498
__...
2,952
13
11,767
326
661
1,906
5,140
414
862

661
400
531
414
244

Tot’ls this '-foek 16.759! 23,583 20,896 22,000 14,184 25,480 122,902
5 95....
Pri.

6'05
5-35
The foil nving shows the week's total receipts, thr total since
Pork has had very little call, but prices have been without j Sept. 1, 1895, and the stock to-night, compared with 1 isfc year.
change and steady, closing at .$10 75 <|$U for mess, $11 for !
|
Stock.
1895-96.
|
1894-93.
family and |10 50@$12 CO for short clem Cu meats have ! Receipts to
Since
Sep
Since
Sep.
i
This
j
This
Jan. 31.
continued moderately active at a further advance in prices,
1806.
1895.
Week. 1, 1895.
Week. 1, 1894. I
closing at 5J£«53£e. for pickled bellies, 12 310 lbs. average, j
6c. for pickled shoulders and 8*^300, for pickled hams. B -ef : Galveston... 13,30
758,372: 36,991 1,433,867 124,104 161,731
has been quiet but steady, closing at $7 50(g$8 30 for extra I Tex. C., Ac. 2,083
47,283]
13,765
78,111 ,
G05
mess, |9ig$10 for packet, $10ft ?i3 for family and f '5 50 d$ 1? I STew Orleans 47,-119 1,335,217 70,363 1,931,894' 379,271 385,176
for extra India m- ss. Beef hams have been without change, j Mobile......... 7,790 161,915 10.439 200,433! 41,333
40,431
closing at $15 50{g§l6.
17,762
22,573!
587
Florida........
2,662
Tallow has sold slowly, but prices have been without j Savannah... 15,531 533,803 18 313 773,404
98,852
83,078
change and steady, dosing at 0 iSifio Oleo btsarina has
5,231
BP wlek, Ac
91,449
4,509 123,532
923
3,596
been dull but steady, closing at 5c. Lard atearino has weak- j
56,773
43,935
8,493 231,075 11,232 357,432
Charleston..
ened slightly, closing dull at
‘
Cotton seed oil has f P. Royal,&o
41,473 11,812 113,418
been dull, and prices have been made a slight decline, closing ;
3,802 216 175'
14,917
2,932 117,002
14,305
at 24c. for prime etude and 28c. for prims veil iw. Batter has Wilmington.
. .
'V ash'u, fce.
719
11
.....
13
872
been quiet and easier, closing at It fSde. for creamery. Cheese
46,013
has continued in fair demand at steady prices, closing at 6@ Norfolk....... 11,707 239,027 9,503 375,697, 41,2 U
2,060
6,801 230,167
12,208
326 133,406
-. for State factory, full cream. Fresh eggs have again West Point..
13,284
32,931
2,13*2
2,469
1,817!
N'ji't S'., .in:
601
declin- <1, closing at 144^# 15c. for choice Western.
36,705
93,439 115,323 155,660
5,310'
1,900
Coffee has been constantly pressed for sale at declining Sew Y ork...
1,499]
44,177
30,000
35,000
30,539
5,1-10
rates, but the modification o f coat failed to attract much ad Boston.........
18,082
16,349
3,987!
77,046
29,806
414
ditional demand. Rio qu >ted at JSljC. for Mo. 7. good Baltimore...
77,186
9,375
10,915
1,227
882
26,586
Cucuta 17e and standard quality Java 23$93}£o, Contracts PUtIadol.,&a.;
for future delivery have been offered with great freedom at
Totals...... J122,902 1,035,122 199,83ol«,2l8,365 989, gOpil,044,458
lower rates, under influence of large crop estimates, but close
In order th it comparison may be made with other years, we
with tendency towards greater steadiness. The following
give below the totals at leading parts for six seasons.
were the final asking prices:
Feb............... 13-65C. I May.............. n «0o.; Auv ... „....ll*l5 e, Receipts at— 1806.
1891.
1893. [ 1393.
1395. | 1894
March.............. 12-4*e. ! June............... 11-S0e. I Sept ..............10 ace.

April............. 12-150. |July............. l l ‘«0o. ! Oct .............lOUOo.
Raw sugars have gained further in value and strength of
tone upon the stimulating advic>s from Europe a-d Cu ' h ;
-demand good. Centrifugal quoted at 8*gr;. for 00 oegrees
test and muscovado at
for ^-degrees Ie - 1 . Rt-fined
sugars in v.-ry good demand and steadily inclined toward
higher rate--, granulated quoted at 4 15- 10c. Teas about

Galves’n Ac,
Yew Orleans
Mobile
Savannah...
Chae’ tou, &c
Wilm'ton.&c
Norfolk......
W. Point, Jw.
Steady.
The supply of desirable grades of Kentucky tobacco has All others. ..

been small and prices have ruled firm. The 1 iwgrades, how­
ever, have been plentiful and easy. S *ed leaf tobacco has
receivtd a limited amount of attention at steady prices; sales
for the week were 1.200 cises. as follows : 160 cases 1894 crop,
New England Havana, 10(3100.; 100 cases 1893 Crop. New
England IIavana, 6;3$c,; 800 cases 1894 crop. State Havana,
8@12c.; 100 cases 1893 crop, Peinstlvania seed, 9i9’ 0o.: 100
cases 1893 crop. Pennsylvania seed, 9c ; 100 cases 1893 crop,
Pennsylvania H ivana, 10c.; 100 cases 1892 crop, Gsbhardt’s,
Shy-,: 50 cases 1891 crop, Gebharrlt's, 0f£c.; SO cases W98 crop,
Dutch, 8(31 to., and 150cases 1893crop. Wisconsin Havana, 5 3
7c ; a*a >7n0 biles Havana, 68c,*381 05, and 150 bales Sumatra,
45c.@82 40 in bond.
_ Increased interest has been shown in the market for Straits
tin and pri -n have advanced slightly in respmse to stronger
foreign advices, closing steady at 13‘33c. Ingot op p er has
advanced and the ch se was firm at 10 30c. for Ltk». Lead
has been without imp irtait changes, closing quiet at 3*05e.
for domestic. Spelter has been quoted nominally at 4c P g
iron has been quiet bus steady closing at $!1 73@13 50 for
domes! ic.
K"fined petroleum h.v-s advanced, closing at 7 60c. in bbla.,
5'lOc. in bti'k and 8*30c. in cases: crude in bbla. has been
nominal; naphtha unchanged at 4'35c, Crude certificates
have also advanced, closing at 81 11 bid. Spirits turpentine
has further declined, and the close waa weak at S0i^®31tt.
B -'sins have ■ =n dull and weak, closing at $1 flOftoi &'2 l4 for
Common and good strained. Wool has been rao Im i'tly ac­
tive ard firm, H ips have been quiet but closed steady.

37,599
70,863]
10,439
18,343
23,044
3,813
9,508
8,018'
17,603

15,938
47,419
7,790
15,381
8,493
2,96-5;
11,707:
937
11,907

17,222
49,713
2,316
13,030
4,044
1,604
9,300
7,791
11,669

Tot. tills wk. 122,902: 199,835; 116,748

26,661
70,049
6,751
14,015
7,864
2,774
10,638
9,162
18,641

10,644
50,930
7,738
22,230
12,935
3,071
16,420
11,491
19,239

88,8 »3j 166,518

160,848

15,710]
33,931]
5,095]
9,512
2,939'
931
3,985
1,791s
7,928

Since Sept. 1 4035.123 6318,365 4913,79:140 17,771! 5594,08 i 5422,507

The exports for the wees an ling this evening reach a total
of 115,383 bales, of which 30,333 were to Great Britain, 5,416
to France an 1 59,610 to the rest of the Continent, Below are
the exports for the week an t since September l, 1895,
W e e k E>i&
inaJan. yi 1896. From Sept 1, 1895, to Jan. 31, 1898.
Bopo' t.e-d toB tffio r te A
B&pnrtM
QonttConti- Tot u Great
fr o m —
BrWn. Franc* n m t . Week. Britain. France ti e.nt. Total.
. City, &c..
r Orleans..
>ile& Pea.
aimak .—
nswick-.,,
rleston*.

'

600 2.163
341 3,61-4
4,191 18,101 39,820
2,499
5,70i^ 5,700

I.Sifi

8,30 *
1?,228

13,6:1 13,651

mingrfcon., .

i Point...,
t News, &c
York.....
3iltimore.. ...
Pfc$ladelp’a,&o
Total.... ...

2,805

1 ,8 ;e

i,o ;o

9 ,0 0 :

1,2:5 10,810 21,742

l , “4i
200

4,2 '9
4,670

121,14?
25,201
321,320
22.590
195,155
15,195
123.925
90,708
5,333

137,035
1,804
38,869
13.227

489,051
48,580
930,643
71,452
257,490
52,58 L
101,468
120,709
27,594
9,930
6,323
303,789
134,934
70,789
20,-iOl

9; 410 69 610 115,385 1,275,1131 352.712 1,122,100 2.750,733

5 i,359
l 19,912

6,1 i3
4,870

2'8,230 79,016
20.rt'38 2,550
330,000 225,322
4^,832
31,383 20,319
37,388
62.143
28,331 1,710
22,371
9,93 ' . . ... .
6,32
150,59 * 16,155
133.1 0
39,970
950
2.174

V M t

* inciudlnf? Port Boyai

50,39*

1 ( ^ .1 '2

iVV'2.1 1 014.04$

V‘M 14') l.“ S/i S

THE CHKONICLE.

2 3 6

[VOL. L X II,

T he Sales and P rices of F utures at New York are
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not shown by the following comprehensive table.
cleared, at the ports named. We add similar figures for
New York, which are prepared for our special use by Messrs.
%2. 9 g g g 0>ria=S' Oiymo s a g s Q s i g
Lambert & Barrows, Produce Exchange Building.
o 2. h cd
o1 l&
cc5<5&
» C
a
o 003flPi
£ cH®
a>
P
CPo' Op. SrQ
CO <X>JOi rpOO
„ p ® ® <3>3
0
3O
1CD- ^ F8-® t
P C0“ , g> P CP- CP
ON SHIPBOARD, NOT CLEARED FOR—
«a-*
i
09^, g-Ri
Leaving
oL(
© cp
P
J^n. 31 al—
Stock.
Great France. Other Ooaslv
.
pipm
Total.
P'J-'p
o‘s£
Foreign toise.
Britain.
HR
®£■ _h! :. x
H
>*
%• to H
g*
to
305,409
73,862
g:
I
New Orleans... 2S.S52 9,896 36,014 4,100
p : or
i
I
;
§
a
>
o
1
77,057
47,047
m.
I1
6,392
6,243 12,128
Galveston........ 22,284
OO
<
jj
.
:
8
:
l
Si
76,078
7,000
7.000 None,
Kooe. None.
Savannali........

§Pt

Charleston
M obile.............
N orfolk...........
New Y o rk .......
Other ports___

None.

8.000

8,500
9,600
18,000

8,300
None.
3.000
None.
None.
2,500
800 4,100
None. 11,000

34,035
30,333
23,214
170,823
63,242

8,900

600
None,
7,000
None.
None.

11,000

18,000
14,500
29,000

90,236 10,939 84,042 18,092 209,309

780,191

Total 1895... 89,967 15,714 96,681 10,910 213,272
Total 1894... 119,071 32,160 65,648 16,189 233,068

831,188
868,876

Total 1896...

Speculation in cotton for future delivery at this market has
continued narrow and unimportant. Operators as a rule
confess much perplexity over possibilities of final crop out­
come, as well as chances for consumption, and prefer adopt­
ing cautious methods for the present. During Saturday there
was considerable settling up of small deals on both sides, re­
sulting in 4 points advance at opening and all lost^before
the close, Monday brought tame accounts from abroad and
increased estimates of crop movement for week, which served
to draw out long holdings and forced prices down
8@9 points. On Tuesday the opening was a trifle off, but
some of the small local operators having become oversold,
covering set in and.final rates were at 3@4 points net gain.
Wednt sday opened with another advance of about 4 points,
but no demand followed, and re-action left final rates 2 points
net decline. Yesterday matters were a little feverish, but in
the main inclined to greater strength, and closed with o points
net gain. To-day trading was slow again, with tone gener
ally easy and the value line settled off a small fraction. Cot­
ton on the spot has been moderately active and fairly steady,
and closes at 814c. for middling uplands.
The total sales for for ward delivery for the week are 720,600
bales. For immediate delivery the total sales foot up this week
4,871 bales, including 3,568 for export, 1,105 for consumption,
---- for speculation and 200 on contraot. The following are
the official quotations for each day of the past w e e k January 25 to January 31.
Rates on and off middling, as established Nov. 22, 1893,
and revised Dec. 11,1895, by the Revision Committee at which
grades other than middling may be delivered on contract:
Fair— . , * . . . .
.......c.
Middling Fail1............ ...
Strict Good Middling......
Good Middling........ .
Strict Low Middling........
Low Middlin g ........ .
Strict Good Ordinary.. . . .

on.
% on.
on.
5le on.
s16 off.
% off.
n i a off.

Good Ordinary,. . . . . . . . . c.
Good Middling Tinged...
Strict Middling Stained..
Middling S ta in e d .........
Strict Low Mid. Stained..
Low Middling Stained,...

^dHr*

® OHO

g 9 ,0 4

S a t.

Good Ordinary.,
Low Middling...
Middling........... .
Good Middling.
Middling Fair...

H o n

Ocb
03
<i<i
.
$
C
iP
%
%
I Q) ? 1 s r r
or
<1<!0<J -1<10 H

714
77s

7%
7%

8 14

8 14

7H
77s
SI4
83,8

7h
77s
SH
89
978

T it.

F i­

” 5ie 7 1 4
71516 778
861( SI4
8;3s 88,8
9>,«
918

GULF.

S a t.

Good Ordinary.
Low Middling
Middling__ . . . .
Good Middling..
Middling Fair!..

79 e

She
§Sle
8'8
97 s

s t AUSED,

S a t.

Low Middling................
M iddlin g....:................
Strict, Middling.............
Good Middling Tinged.

83,6
918

39,6
9%

M o il X n e »

W e d

7%
ShB 8%
8ks 8ks
I»16 81316
9%
9%

7*2 7%
843 8%
8% 8k!
813,6 813,0
9%
9%

7hi

M o n X u e a

W

7

77s
335*
86,6 8%

81,52

e d

7
7%
81ss

77s

81S2
8% Sh

T ta .

I
opcoo^

66®o
o h co
coco

MARKET AND SALES.

Sat’d a y .
Monday.
Tuesday
Wed’day
Tlnxr’d’ y
Friday.

SALES o r SPOT Ann CONTRACT.
Ex­
port.

Dull.................
Dull at I ,, dec.

io o

D ull.................

3,357
109

Dull.......; ......
Quiet.............
Dull.................

Total, I...........

Oon- Specsump. uPVn
105
137
104
510
133
116

3,566 1,105

.. . .

!|

SPOT MARKET
CLOSED.

Sales of
Total, Futures.

200

105
237
104
510
3,490
425

90,900
149,500
134,800
113,100
122,300

200

4,871

720,600

110,000

5

“
coco m
®
1 «
:

co6
HH
I
f
CO

I IP r

H
COc o o co

®6

qo

GOGO 5

opx % coco
O ® GO

GOOCOg

. I @6*;
H
XXOX

oh ®6

COO

X

1

%

XX

5

I
I
, x oC3x x x oo x
I V—
*® h-1

HwOw
X<1 03 030

HO ^
HXH q

XX

^

-1-1 4
SK s

I sir:
to

-i-lO U

ctta

<3-3. &

S§ S
I ® »:

I

to

COCO®to

COCO®CO

1

1

01

1 ?5)cor

03

to

6 6 °6
d o

to

>
ooco £
5
®®
ijq"
C
OCO-dg

xxox
^o

coco ^
GS <§
I XOX
1p o p
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-—1 £ <i -J 5
d d go* 6 d acj
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CD HH to 0505 to
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i
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CO
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6
6® o 66® o 6 o ® 6
Old H X X <1 co<3 d

F r4

The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how the market closed on
same days.

01

CP! coco af
G>
[
:
to
00COO0o
6 6 °6
oh o

to HO__0< OH CO
<3<l ^ <1-3 % 00CO
a? 0 0
6 6 yf CO yo
® ® <te 0=0
CO00tCjn OHCO^ 03C3H® CBOtfcO®
coccco©

06

Th.
8kj
8%
813!g
93s

8*4

5

.

OO fJw
CO<Ifc3§

7
7
77s
7%
8 I32 ; 8 >,,8 14

<
0
COOf

COO^CQ COCD^O
0303 O COCO H

F il

T it .'

© <1

1f

off.
Even,
732 off.
0 ft.
2o32 off.
l ^ ' off.

W e d

& <3<* <1 *3,1 5
6 m CD1 <8
m 6
<r> ■wo <Jg
a> XOJ H f to
1d
1@
1$
?*

i

1

X a e s

;

^• «>©**
OS
H®
H

On this basis the prices for a few of the grades would be as
follows.
UPLANDS.

<1
<1
EdH_,
•-COW'S o ©H*q £CD3'-6-1CDS
~}
9
S>JTCD
a“ 2 ,
® Olgy. a> 0 ® B
HODO- » x©^ 8 8 S
to®
to®
^ S.’
Or
O
{>
►
5
< *8 j & ^

S s^ s

-1-1 5
-Cl—1
HX €
I
, <iO<l
1 <i ®<1
CD d

i*<i
6
6
<3-0
*q<JO<3
66®6
ox x

—i—
i
<1<
1
60
5 K 6<i 5
to to ai x o a?
i
1
<l<IO<l <1<
10-1
0505
H<
1 H OH X

*■ Includes sales in September, for September. 15,20 ; SeptemberOctober, lor October, 518,d i ; September-November, for November,
417,200; September-December, £ r December, 1,697,200,
We bave included m tile above table, and slxall continue eack
week to give, the average price of futures each day for each month. It
will be found under each day following the abbreviation “ Av’ge.” The
average for each month for the week is also given at bottom of table.

I ® ” For exchanges see page 338.
The V isible Supply of Cotton to-night, as made up b y cable
and telegf aph is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week’s returns
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (Jan. 3L), we add the item of exports from
the United States, including in it the exports of Friday only:

THE CHRONICLE.

FtBRU AKY 1 , 1896,]

1896,
1895.
1891.
1893,
Stock at Liverpool......bales. 1,103,000 1,589,0001,600,000 1,645,000
Stock at London...............
5,000
7,000
7,000
5,000
To cal Great Britain stock. 1,108,000 1,596,000 1,607,000 1,650,000
Stock at Hamburs...............
23,000
20,000
20,000
2,500
Stock at Bremen.................. 258,000 311,000 212,000 212,000
Stock at Amsterdam............
8,000
16,000
16,000 17,000
Stock at Rotterdam.............
200
200
200
300
Stock at Antwerp........ ......
12,000
18,000
12,000
6,000
Stock at Havre..................... 307,000 498,000 419,000 107,000
Stock at Marseilles...............
7,000
5,000
6,000
7,000
Stock at Barcelona.............
70,000
74,000
54,000 88,000
Stock at Genoa....................
55,000
26,000
9,000
7,000
Stock at Trieste..................... 16,000
16,000
16,000
9,000
Total Continental stocks..
756.200 934,200 764,300 755,800
Total European stocks.... 1 ,8 6 4 ,2 0 0 2,380,200 2,371,200 2,405,800
India cotton afloat tor Europe
140,000 26,000 103,000 88,000
Aruer.cotton afloat for Europe
386,000 709,000 519,000 250,000
Egypt,Braztl.&c„aat,torE'pe
33.000 43,000
54,000 50,000
Stock in United States ports .
989,5001.044,4531,101,944 1,060,309
Stock in v. s. interior towns..
505,973 439,301 406,940 449,734
United States exports to day.
30,680 60,190
13,040 12,078
Total visible supply....... 3.949,258 4.952,649 1.569,12**815,921
01 the above, totals of American and other descriptions are as follows:
American—
Liverpool stock...........bales. 906,000 1.110.000 1,347,000 1,124,000
Continental stocks............... 630,000 335,000 669,000 661,000
American afloat for Europe..
386,000 709,000 519,000 250,000
United States stock.......989,5001,044.459 1,101,944 1,060,309
United States interior stocks.
505,878 489,801 400,940 119,731
United States exports to-ilay.
30,680 60,190
13,010 12,078
Total American...............3,498,058 *628,449 4,056,824 3,857,121

287

Quotations for Middling Cotton at Other Markets.—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
W eek e n d in g
J a n , 31

Galveston. .
New Orleans
M obile........
Sayaim all...
Charleston..
Wilmington.
Norfolk.......
Boston........
Baltimore. .
Philadelphia
Augusta......
Memphis.. . .
S t Louis___
Houston. . . .
Cincinnati..
Louisville...

CUOSISS QUOTATIONS FOR MIDDLING COTTON osr—■
S a tu r.
S h i

8
7*8
7%
7%
7*8
S
85, a
8*4
8»ia
S
715,8
715lg
8
8
7*8

M on,
She

8
7*8
7%
7%
7*8
8
85,6
8*4
S h

8
715,6
715,6
8
8
7*«

H u es,

8i,c
8
7*8
7%
7%
7*8
715,6
8*4
8*4
8hs
715,6
715,6
715.8
8
8
7*8

W ed n es.

■

s
8
7*8
7%
7%
7*8
715,6
8*4
8 h
8 h

715,8
7 '5,6
71516
8
8
7*8

T lm rs.

8
8
7*s
7%
7%
7*s
715,s
8*4
8*4
8*2
715,6
715la
715,6
8
8
7*8

FH .
8
8

7*8
7%
7%
7*8
716,a
8*4
8*4
8*3
715,3
715,6
715,3
8
7

715,3

*31**WO®

© a- ifoi t *- *-0 <&i t w ©

M

m

« » ~ i t *- *4m i t m

—«*•—x ©O © x tsft- x —It © ©©T, - m; ©Qt ©©t; © *.:>i-i

it

l 2 :

January 31.

1895-06.
Since
Week. Sept. 1.

IS E E 8 8 I
l i r s 's i £

I p llp
111111

The closing quotations to-day (Friday) at other important
Southern markets were as follows.
Atlanta............
75g Little Rock___ 7% Newberry.......
Coloinbua, Ga,
7*2 Montgomery... W l« Raleigh..........
7*8
7%
Columbus, Miss
7*2 Nashville....... 7% Selma.............
Shreveport.....
E ufaula..........
7*8 Natchez.........
7^6
Receipts from the Plantations.—The following table
Ea.t Indian, Brasil, <£c.—
Liverpool stock................... 197,000 119,000 253,000 221,000 indicates the actual movement each week from the plantations.
London stock.......................
5,000
7,000
7,000
3,000 The figures do not include overland receipts nor Southern
Continental stocks...............
76,200
90,200
95,200 94,800 consumption; they are simply a statement of the weekly
28,000 103,000 88,000 movement from the plantations of that part of the crop which
India afloat for Europe........ 140.000
Egypt, Brazil, Ac., afloat......
33,000
43,000
51.mho
.........
..... i 1 ,3 0 0 '3 2 4 3 1 0 '5 ! 2,200 If,8,800 finally reaches the market through the outports.
Total American...............3.498,058 4.628,049 4,056.924 3,857,121
Week 1Receipts at the Ports. \st'k at Interior Towns. Rec'pts from PlanVns,
Total visible supply.......3,019,258 4,08X849 *£69,134 4,315,921
Ending—
Middling Upland, Liverpool..
IAd. 2*>:»d.
Hid.
o '.d .
1398 M 18SM.65;i805-Mi189a»ijl894-95 1895*96 1893-94 1894-95 1895-96
Middling Upland, New York.
8>ic.
0V7i&,,,e.
9%o.
Egypt GooifBrown, Liverpool
0'’i,d. i *-1 ,, d,
acid.
Slid, Deo. 27.... 1260,1461812,707 228,01s 192,4301809,004
352,972 235,439
i't-ruv. Rough Good, Liverpool
6*t»d. 5! i,4.
51 1T,"d,
6%d. Jan. 3— i190,702 251,834:170,324 Wl,977i«O0,950
243,806 163,165
Broach Fine, Liverpool........
4*j,d.
3Hid.
4f>.d.
5:%d. “ 10 .... :134,8X8!207,746 135.823! 151,121!888,681
175,441 117,069
Tinnevolly Good, Liverpool.
4'i,il. 3*t.d.
4%tL
5J*d.
171,179 107,035
“ 17.... 1159,917 209,803 119,887,433,721 530,024
t 3 T The imports into Continental ports the past week have
190,482 93,475
M Z i... 154,362 213,026 112,395i120,117 507,180
182,156 95,092
been 61,000 bales.
** 31....All 0,718.199.835 122.902!406,910!-189,801
The above figures indicate a decrease in the cotton in tight
The above statement shows: 1.—That the total receipts
to-night of i .008,591 bales as compared with the name date from the plantations since Sept. 1,1895, are 4,503,300 bales; in
of 1895, a falling off of 619,8*36 bales from the corresponding i "91-95 were 0.1*30,834 bales; in 1893-94 were 5,244,566 bales.
date of 1884 and a decrease of 360,66,4 bales from 1893.
2.—That although the receipts at the outports the past week
At the Interior Towns the movement—that ia the receipts I were 122,902 bales, the actual movement from plantations was
for the week and since September I, the shipments for the only 95,093 bales, the balance being taken from the stocks at
week and the stocks tonight, and the same items for the the interior towns. Last year the receipts from the plantations
corresponding period of 1894-93—is set out in detail below.
for the week were 182.150 bales and for 1894 they were
103,841 bales.
Overland Movement for the W eek and Since Sept. 1.—
We give below a statement showing the overland movement
fo< Lh >week and since September 1. As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as m our regular monthly report, but all
3
the principal matters o f interest are given. This weekly
m
1 publication is of course supplementary to the more extended
monthly statements. The results for the week ending Jan. 31
and since Sept. 1 in the last two years are as follows.
1894-95.
Since
Sept, 1.

a :* I Shipped—
8,047 382,166 19,573 663,238
Via St. Louis..........................
m
- la ;§i3
Via Cairo................................ 4,40S 178,925 8,077 251,043
21,103
473
13,107
547
Via Parker City.................
w©s»©©.©©*>-xaw<-«~ »~i*; *»»*& t* w; **©•
- _s* • ©
2,694
280
47
2
I i*
Via Evansville......................
130,636
*«*•<#*«t»*3
©»*-*«***s»«**-*v i©5**»©m« o ©#*m•»© i ©** \
Via Louisville__ ...... ----- — 2,306 97,577 4,371 117,805
mu cato*m&m©«i ©m *imo *-»©©>©« * ©© © x * ©*3
©. 1 ©
2,674
57,843
1,98-1
i Via, Chiolniiatl.......................
%•
;2
64,573 1,643 102,065
7,829
Via other routes, &c..............
©
‘ .1
so
mr***f*
*3
*3 f ^ ag* 13
Total gross overland........... 25,077 794,238 37,091 1,289,484
x ov»: 3 0 3 * v ©©<-* -}©*-©--1© 1 r* * © ,Mj Deduct shipments—
8,322 172,636 12,532 297,448
Overlaida to N. Y., Boston, &c.
16,708
670
2,405
3
—
! Between into? S or towns..........
1*3
sa
')-*»; — *- i t
m sc (-**-* k — *-*
a
47,515
Inland, Ac., from South........... 1,559 29,930 2,434
p 3 D © © 4 -© » 3 M © ©,_>-QD©* *3 ©•t t O f - p t - ; 2
Sg
9,884 204,971 15,636 361,671
Total to be deducted...........
I s s s s i s i i S s i g g ' i i l i s if© s
! s
Leaving total net overland*.. 15,793 589,267 21,455 927,813
* Including movement- by rati to Canada.
g ; t r „®
Mw
W j-* I s i ^
© S©*« —© © t©£•C3£- R-0S*-»© a - iV m60©~>J3bi3 w w # »i-*—
•
The foregoing shows that the week’s net overland movement
XZ ;s= 2
13 S © - 1© © 05MSOD© © <1C i ■- 3
s s s io s o s ie a s -ia s
this year has been 15,703 bales, against 2i,455 bales for the
week' in 1893, and that for the season to date the aggregate net
-I » <-w »u «5 -J
M
«f ! 1overland exhibits a falling off from a year ago of 388,54(3 bales.
© S5©* © © © •
— t-3 - 11© 13 M- ©«©*© © W CO ©
-JOa a x S » © « X © -1 *33-*
p I 3\'W3J-X-W©
c MO©X
» P©pc
&&&£*& m-5 ;
1894-95.
1895-90.
© 5»«5 CL -1 © X * - © - 1*W © 2
u/; r3M~.iaWt?l.3©a
©to©‘6 1- fJt © '#»X, © ©tt M
*A*X toi* : ©
In Sight and Spinners*
Since
Since
Takings.
Week. Seyt. 1. Week. Sept. 1.
Itif
M
P-«
m* ©*-]5v»-»to
s»
6,218,365
Rece ipts at ports fco Jan. 3 1 . . . —. 122,902 4,035,122 199,835
©WdMW'btwxfc.
**©*©' i'-I©©*©~-il:'
OfMr-*100
Net overland to Jan. 3 1 . .. .......... 15,793 589,267 21,455 927,813
«><t©l»•«»<»(»m l a l s s g j a g i ;
Southern consumption to Jan. 31 18,000 442,000 14,000 390,000
©
to M © -* *-»—
KO
Total marketed....................... 150,695 5,066,389 235,290 7,536,178
Pi5 I*
t4
Interior stocks In excess-............. *27,810 473,178 * 17,679 432,466
i
to
©
*
>
1:©
©
V1}©"
'
■R*
, <tG>
*©I©too
x ©» *1© —w
' itil
o
- am©»—
©■
Came Into sight during week. 128,885 5,539,567 217,011 7,968,644
Total in siglu Jan. 31..........
* Louisville figure* “ net" in both years.
1 This year's figures estimated
North’n spinners tak^gs to Jan. 31 40,793 1,143,514 45,646 1,557,469
: I.iiat year’s flgure? are for Coiuinhla, 8. O.
■Decrease during week.
.
The above totals show that the interior stocks have decreased
It will be seen by the above that there has come into sight
during the week 27,810 bales and are now 16,077 bales more during the week 128,885 bales, against 217,611 bales for tlie
than at same period iaat year. The receipts at all the towns same week of 1895, and that the decrease m amount in sight
have been 55,620 bales len.i than same week last year and since
to-night as compared with last year is 2,429,071 bales.
Sept. 1 are 1,686,779 bales less than to r same time in 1894-95,
®

w

238

THE CHRONICLE

W eather R eports b y T eleg r aph . — Advices to us this
evening by telegraph denote that farm work is under way in
some districts of the South. Rain has fallen in most locali­
ties in the South west, but the precipitation has not been ex­
cessive. In other sections where there has beeu any precipi­
tation it has as a rule been light.
G alveston, T ex a s.—Tne weather during the greater portion
of the week has been favorable for farm work, and planters
have taken advantage of it. Tne week’s rainfall has been
thirty-two hundredths of an inch, on two days. The ther­
mometer has averaged 53, ranging from 44 to 59.
P alestin e, T exas. —We have had rain on two days during
the week, the precipitation reaching one inch and forty hun­
dredths. The thermometer has ranged from 33 to 64, averag­
ing 53.
H u ntsville, T exas. —Rein has fallen on two days of the
week, the rainfall being one inch and two hundredths.
Average thermometer 48, highest 63, lowest 34
D allas, T exas. —Grouud is too wet for plowing in this sec­
tion. Sunshine is needed. It has rained on two days, the
rainfall reaching one inch and eight hundredths. The ther­
mometer has averaged 46, the highest being 66 and the low­
est 26.
San A n to n io , T ex a s. —There has been rain on two days the
past week, the precipitation being four hundredths of an inch.
The thermometer has averaged 53, ranging from 34 to 73.
L u tin g, T exas. —We have had rain on two days of the
week, the precipitation reaching one inch and sixty hun­
dredths. The therm Mneter has range 1 from 33 to 63, aver­
aging 50.
Colum bia, T exa s. —Rain has fallen on two days of the week,
to the extent of fifty hundredths of an inch. Average ther­
mometer 49, highest 66, lowest 33.
C uero, T exas. —There has been rain on two days of the
week, to the extent of one inch and forty-six hundredths
The thermometer has averaged 50, the highest being 68 and
•the lowest 33.
B renham , T exas.— We have had rain on three diys of the
week, to the extent of one inch and twelve hundredths. Tne
thermometer has averaged 50, ranging from 34 to 66.
B elton , T ex a s. —We have had rain on two days during the
week, the precipitation reaching one inch. The thermometer
has ranged from 33 to 68, averagiag 50.
F o r t W o rth , T exas. —Rain has fallen on two days of the
week, to the extent of one inch and one hundredth. Average
thermometer 45, highest 64 and lowest 26.
W ea th erford , T exas. — We have had rain on three days of
the week, the rainfall reaching one inch and fifteen hun­
dredths. The thermometer has averaged 45, the highest being
66 and the lowest 24
New O rleans , L ou isia n a . —The week’s rainfall has been
twenty one hundredths of an inch, on one day. The ther­
mometer has averaged 50.
Shreveport, L o u isia n a . —There has been rain on three days
during the week, the precipitation being one inch and
twenty-four hundredths. The thermometer has ranged from
80 to 63, averaging 46.
Colum bus, M ississippi. —We have had rain on one day of
the week, the rainfall reaching two hundredths of an inch.
Average thermometer 55, highest 70 and lowest 30.
Leland, M ississippi. —There has been no rain during the
week. The thermometer has averaged 42 5, the highest being
65 and the lowest 23.
V icksburg, M ississippi. —We have had only a trace of rain
■during the week. The thermometer has averaged 46'3, rang
ing from 27 to 72.
Selma, A labam a. —Dry weather has prevailed all the week.
The therm-imeter has averaged 45, the highest being 62 and
the lowes, 27 3
M em phis, Tennessee. —Rain fell on Thursday, and is now
falling. The precipitation reached one hundredth of an inch.
The thermometer ha3 averaged 40'7, the highest being 64-l
and the lowest 29.
M obile, A labam a. —We have had rain on two days during
the week, the precipitation reaching twenty-five hundredths
of an inch. The thermometer has ranged forom 31 to 69, averag­
ing 48. January rainfall four inches and sixteen hundredths.
M ontgom ery, A labam a.— W e have had no rain the past
week. Average thermometer 45, highest 53, lowest 36. Jan­
uary rainfall six inches and ten hundredths.
L ittle R ock, A rk a n sa s. —It has rained on one day during the
past week, the rainfall reaching seventy-nine hundredths
of an inch. The thermometer has ranged from 26 to 54,
averaging 39.
H elena, A rk an sas —Farming operations have commenced,
but no determination ins yet been reached as to acreage. We
have bad rain on one day of the week, the precipitatini being
sixty-two hundredths of an inch. Average thermometer 5l’,
highest 63, lowest 25.
M adison, F lo r id a . —Telegram not received.
Colum bus, G eorgia .— Of the stock here all but 500 bales
belongs to the mills. There has been no rain all the week.
The thermometer has averaged 43, ransring from 31 to 63.
Savannah, G eo rg ia .— W e have had rain on two days of
the week, the precipitation being two hundredths of an inch,
Average therm >m ter 53. highest 70, Invest 39.
A u gu sta, G eorgia. —R fin has fallen on one day of the
week to the extent of thirty-seven hundredths of an inch.
The thermometer has av,eragsd47, the highest being 68 and
the lowest 31,

[VOL. JLAII.

C harleston, South C a rolin a .— The week’s rainfall has been
four hundreiths of an inch, on two days. Tne thermomster
has averaged 51, ranging from 49 to 64.”
S tateburg, S ou th C a ro lin a . —Plowing is actively progress­
ing. There has been raia on oae day of the weak, the rain­
fall reaching twenty-six hundredths of an inch. The ther­
mion’ ter has ranged from 31 to 84, averaging 46 4.
G reenw ood, South C a rolin a . —Dry weather ha3 prevailed
all the week. Average thermo neter 48, highest 64, lowest 26.
W ilson , N orth C a rolin a , —Telegram not received.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o’clock Januiry 89, 1898, and January 31, 1895.

_______________________________________

|Jan

3 0 ,'96.|jam 3 1 , ’95.

Feet.

New Orleans..................Above zero of gauge, i
5-3
3 -8
Memphis........................ Above zero of gauge.
Nashville........................ Above zero
ofgauge., 3 9
Shreveport..................... Above zero
ofgauge.
J6'8
Vicksburg....................... Above zero
ofgauge.!__ 9'4
O v e r l a n d Mo v e m e n t , & c .,

to

\ Feet.
I
j
j
j
i

8-7
18'9
1 2 ’9
0'9
29-1

F e b r u a r y l . — l a our e d ito ria l

columns to-day will be found our regular statement of
overland movement, receipts, exports, spinners’ takings, & c.,
brought down to February 1.
E x c h a n g e s .— The following exchanges have been made
during the week:
■ OS pa. to exoh. 2,300 F.b. for Mob. .24 pd. to exoh. 1,3 )0 Feb. for Ju ly.
•15 pd. to exch. 200 Moll, for Aug. •17 pd. to exoh. 3 10 Feb. for May.
■ 08 pd. to exch. 200 Meh. for May. •05 pd. to exch. 100 May for Aug.
■ 22 pd. to exch. 1,100 Feb. for July. '03 pd. to exoh. 100 June for Aug.
■ 23 pd. to exch. 700 F b. for July. ■ IS pd. to exoh. 1,0 10 Sep. for Nov.
'1 5 pd. to exch. 2,000 N.iv. for Sspt. ■ 09 pd.to exch. 2,o00 Mon for May.
■ 16 pd. to exoh. 200 Meh for Aug. •03 pd. to exoh. 1 iij May for June.
'01 pd. to exoh. 2,300 Meh.for May. •04 pd. to exch. 200 May for Aug.
•23 pd. to exoh. 1.000 Feb. for Aug ■ 41 pd. to exch. 100 Oct. for Meh.
•45 pd. to exch. 300 Nov. for May. •21 pd. to exoh. 1,000 Nov. for Sep.
•20 pd. to exoh. 500 Feb. for June. •56 pd. to exeb. 400 Oet. for July.
■ 10 pd. to exoh. 3,500 Meh. for May. ■ 02 pd. to exch. 510 Aug. for July.
•08 pd. to exch. 200 May for Aug. Even 100 June for Aug.
•36 pd. to exoh. 1,000 Nov.for Meh
I n d ia C o t t o n M o v e m e n t F ro m a l l P o r t s . —T he receipts

and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Jan. 39.
BOMBAY KEOKIPTB AND SHIPMENTS FOR FOOR VE\RS.

Shipments this week. Shipments s nee Sept. 1.
Year Great Conti­ Total. Great Oonti- Total.
Britainl nent.
Brit'n. nent.

Receipts.
This Since
Week. Sept. 1.

37.000 37.000 14.000 221,000 235.000 65.000 776.000
’95-6
43,000 46.000 301.000
’94 5 1,000 1,000 2,000 2.000 41,000
’93-4
21.000 21.000 13.000 200,000 213.000 60.000 502.000
25,000 25,000 8.000 180,000 188.000 43,000 422.000
’92-3
j Shipmentsfor the week.
Shipments since Sept. 1.

Great Conti­
Britain. nent.
Calcutta—
1895-96...
1894- 95...
Madras—
189596...
........
1894- 95...
All others—
1895- 96...
189495...
........

1,000
2,000

Total a l l 1895- 96...
1394-95...

1,000
2,000

Great
Britain. Continent. Total.

Total.

5.000
5.000

9.000
7.000

14.000
12.000

17.000
13.000

14.000
10 000

31.000
23.000

1,000
2,000

19.000
12.000

23.000
26.000

47.000
33.000

1,000
2,000

41.000
30.000 i

51,000
43,000

92 000
73,000

EXPORTS TO EUROPE PROM ALL INDIA.

1895-96.
Shipments
to all Europe This
since
from—
week. Sept. 1.
Allother ports
Total.........

1894-95.

This
week.

37,000
1,000

235,000
92,000

2,000
2,000

38,000

327,000

4,000

1893-94.

Since
Sept. 1.

This
week.

Since
Sept. 1.

43 on 21,000! 213,000
4,000,
82,000
73,000
116,000

25,000

295,000

ALEXANDRIA RECEIPTS AND SHIPMENTS.

Alexandria, Eaypt,
January 29.
Receipts (oantars*)....
This week,...
Since Sept. 1.

Exports (bales)—
To Liverpool ..........
To Continent!..........

1895-96.
120,000
4 303,000
This 1 Since 1
week, j Sept. 1.1

1891-95.

1893-94.

200,000
3,611,000
Since This j Since
Sept. 1. J week. Sept. 1.

135,000
3,643,000

This
week.

4,000,235,000' 9.000 183.000
6.000 186,000 6.000 137.000

9. >00,201,000
5,000 L43,000

Total Europe......... lO.OOOl 421,000 15,000 375,000 14,000|31!,000
* A cantor is 98 pound*.
.
„ _
t Of which to 'America in 1395-93,35,800 bales; la 139A-9o, 22,929
bales; ia L893-94, 7,907 bales.
C o t t o n C l e a r i n g H o u s e .— Toe member3 of the New York

Cotton Exch mg i held a meeting ou Monday Iasi to consider
the amendments to the by-laws of thi Exchange, having for
their object the establishment of a clearing-house. Tuera was
but little discussion of the amendments, and it was d mi led
to put the matter to vote on Wednesday. At We tnesday’s
meeting the proposition was adopted by a vote of 157 fo 6 >.
The amendment in full was printed by us last week. The
rules formulated by the Board of Managers under which
clearings will be made are very complete a n i provide certain
penalties in case of their non-observance.

THE CHE ONI OLE,

WBA.TSSB R ecord foe DscEtfasa.—Below we give the the r
momefcer and rainfall record for the month of December aa
previous months of this year and the tw o preceding years. The
figures are from the records of the Weather Bureau, except
at points where they have no station, and at those points the}
are from records kept by our own assents.

S ep tem ber■.
T h erm om eter

81*0
92*
49*0

100%
49*«
81*1
09% 91*
45* 50*
79*C> 70*0
95
470 533
78*6 73'*

%

m% ; 04*

AT. 83

95* i 84* 37* 82%i SO'i8
49- 39*> 4V 31% an & .: 81-

75 74*
2t' U* 81*0
49- 49* 5
t*n
7Ui 73* m-i 70* 73*
a)% -ir 20*1 12* 18*0
46* 4#*> 43*i) 41 ♦3*0
73*. 74*. : Wf
01*0
21% 31-0 li*' 2* 25*0
♦SM 49 414 48* 45*0
73*. 74*' ?t% '1*'
33*> 24 ao-*' 10*. 81*0
481
43*5 44% 46*0
73 j 71*. fO* 8S*» 63*u
3 r tv 13% 5* 14*0
44 * 4.3- 31*7 37*4 38*5

7Ti 70*. 75*4 j &£' >, 8j* 84*1 «•■ 54'. ! 5i"

Average..

W e k V m .—

04*. Wt 178* »! 85*
53 It*. Hr . av
72* 80*9 661 69
m- 01* 801 av
54- 17% 3**<■ 39%
} 81*
73* 71#
om 03* 02* 80** Sf
£0*. 55*- 41** 31% 38
70" 73*. 70c 57*4j 61*
SS’O 8t* 8i% 73** *&■’
38
u- 4T 47*
TO-.- 87> 04 » 50- 54

Highest.
90*Lowest.. - 48*75*0
os*r
4W
-I
7H-2

AwwmmChtrtotte—
Highest.
L o w e s t .. .
Average.
R ,M jhUUbMtLowest..,..
Average.
Morjantcn
Highest. .
Lowest.. ..
Average.

S3%
3i*»*
59*£
ST0
33 0
89*5
9181*0
e>78%
2155'!

SOI
25%
50’

T51*
2
51%
*8'
■ir.
51:
701
2'*
48*4

01*
0*
78*t
91*0
»**i
77*1
Highest.,. 9T0
Lowest... . £40
Average 78*o
B p tr g r e tn —
Highest... 91*5
3-5-0
Lowest
Avern/e.. 78*3
Gr*m\ma*i~
Highest. «4*o
Lowest.. 52"Lowest,. .
Averaga.
Btet’ tJbwg,Highwst..
Lowest.. Average
OoiambUp—

A Yiteug e.
a m m iA
AiSpUOi.—
It lithe#«...
isjwmt....
A
AimmUt.—
m%bm%.
Lowmi.,.
A verse,
mmn mm*«*
mig'ftett,.
Lowest...

95*
or7*v
0!"
58 .
74<H
54
7593
54*74*.

W0

,
H4*fl 88 ■ 83-n m
Urn 50 » u AT
88*0 84 84 58"f » 8i*% 77 t
84*0
W'u 45 a;i
61 i Sr 54*^
05T8: m- 0- ST«
37*0 35-* O 0 <6%
80*9 84' 65%. 541.
8,r
8T9 87' S3**- <Ty
Un 3t*«: 34
tis
71 ■ 50*5 8t nl% are
70*.
74*0
15
n-**
380
600 .
81
547s <
ft) O
6J*‘
7)>
91*4
5078>

78*
33
£7
73**
36*
60*4
7T
27 •
5rv
74*'
IT49*

7134
5r
74*

72
3%"<
519
72*m43":
54
40
so- 73*0
25 • 19*0
31 40*i
77*. 70*?,
16* 30*0
60% if*9
66%
1ft0
a? i
'***

▼
3%
11%
52*.
75%
6%
«s*
71
4S!
74*f
152

73%.
330
&4*0
74 0
4b*9
74*2
26*i
59*0
71*0
17*%
45-y

01*”

80*0 83%
3 V 0 34 *C
59*3

83%
80*1*
57*0

93*0
40*0

83*0
31*0

57*2

AT*- St* 78-- 7.
73' 73*' r»-o
H‘ «S 33* 2«
iV<1
£3 - -47*'. 48*0 M0
85'W; Art
»r
07*.
84r- m St* ' 77* 711 'll55* i# ♦1* at- 38%■ *47
101.
73* 50 0 83 ♦1u: 54** a- bo r 4 46*i * *8
: t - nr 71*' 78
97- 91*"** m
5r : 48"0 47 ♦1*0
81*. 31 . 8V, 1.1%
Ar«»4e>
68 &s 80 : 51% 3f -. 61 : 51" 51* MV
ONiuwIMmu*
vi*
1
74'^ f-4’
Htft&Mt. .
.... fa- «i*!i:
07% 82’<)
29*0 27'"
4! 4i*0.
bQwmt... , ..A
#0 *3*fl
Tf j ... 81* 80% :
3*% 51.
Amman48% « 8
9*n$VA~~
84%■ 78- 84 im 7-*i 88*0
mm mi.
m-> ■9> . »*
0 >*<- 91 91
a# f? > 2l
(Si ) »•) 41 it
Lowest... Si*
21% 10”tt
Aver*®?#., 8!*m! 7*0-5 7^4 6T> 8) 80f 50*2 53'7 59 - &y*0 io-o 53*5
/ LORI DA
Highest
84% SI «i* .H)%j
or [ .H 9!5 j
« 0> m
77*0
Lowets,... "A- 81* 61 ! :,r> 5-1
A5*vf 8)- Hi
.H*- 35*1
©iV 61' 63% 51*0 S
74
A>W0tmt&, 7-*if 70*01
eyn
70K
T*: WO
i
tamm.—
m 04' 1
it*- A5'- 83 ho-4
Highest.,
m
mn
b*’*Wnmt |«*'i| 85 ov
STD
*0* St 5% *-l Ss> 4) j 310'
Aremms.
7
S
rO
87* 1 7i* H 7*', 6t* 6?-. 6* *
0*’ ©3*0
p '- :
0f*S: 0t*i f %+. nt 01*
Highest..
m #3«
-t*0
Lowest , | •?**!* A5'
4t 43 f
8; SS
31*0
A*«ra#e - I 70*^1 ??n 1r I
64 00' <i
74 7>*f;
r-i’9
«r
-1
m j 94*‘ 81 84
$y , 74- 78 |
KHrAMWt - f »3t i
77 ! 7JTI
Low##?. , . ’ -\?
Mi , 1 54*
*4*0. lilt x1 37*. ' 3r 1
80*0
Average. j 74 8
w | ftSr’*-. *’ or..
57 «j 5»
51% 35*9
«*>' 93'1
«0“- py»>
77*8 75*
<W
*i.F 8S-45* ■ SA7r, UT4
94"1 !»■
fO'o
78*' ! 77

10ff# 93 \\m { 93 |0 l*o| 0T l! 98 ef n* %$?m r M- , >«?“ i » *0 31'1 gi ■\ 1**0;
77'fi ?4*f»H60*«f era172 >T &y>%f 52-01 2?

77*U
: 70*0
I !• 2***0
51%' Bi-0
S>-0 77*0
17’% 30- *
56*t 5**8
85% ....

H

ti-o 70 % «8*0
ISO 8 23*0
) ' 55 0
yfi 0 ' fW

40*0
70*0

83*0
0O*| m

83*0
50*0

60*0

79*
20*
53*1
76*0
24-t
51*0
75*0
25*0
49*0

75*0
19*0
49*'
73(
20‘(
47*(
75‘(
20*t
47t

70*C 75*1
28 0 27%
50 50*6
75*1 741
2vn 24
00*. 3)*5
79% 75*i
24*0 2Y(
48*0 49*1
81% 81*0
20*0 95*t
50*2 50*0
79*( 75*0
22*0 14*
-10*u 44*2

73i
21%
50*0
74*.
24*.
50”0
70*0
200
47*0
82*0
23*0
47*4
78*0
16*0
44*b

69*( 70’0
17*0 10*0
44*2 45*2
690 72%
211 8*u
44*5 45*4
00*0 78*0
151 3*0
42*0 44*0
73*0 74*0
19*0 8*0
45*6 40*0
65*0 70*0
15*0 —9*o
89-3 37*8

70*0
22*0
49*
74*0
5i*5
82*i. 74*0
30*.: 23*0
50*0 50 9
SI*
24*
50*0
85*t>
61*0
79*0
21*0
&5‘0

m*:

81*5 80*0

1000
57'
79’0

90*0 P4*o 90*0
41*0 45*0 41*0
»7‘4

* Highest..
Lowest,...
Average,..
inn .4nt/m&>,
Highest..
Lowest....

07*0
60*0
70 8
9H%
50 0
Average,., 810

71*1

51*8

75*0
13*0
46*0
70*0
240
50*4
03*0
13
45*4
83*0
11*0
40%

73*0 70*0 72*o
20*0 12*0 3*0
47*0 41*4 42*0
76*4 09*0 73*0
24-1 2O’O 5*0
5U*U 44*4 45*0
72*. ; 65*0 65*0
20 10%-' 4*0
43*1 il*y 39*6
00%
70*
0*0
12
40*0
45*1

lo­
it­
er
82*.
%*■'
&91<

70’
43%
03 1
P ’0
S'0*
55*<
88*
38*
58V
831
26*0
511
85%
83*0
59*:
92*
32%
58*7
83*5
29%
55*1
87%
21*0
5j*u

....

3 (N

20

10**0 8 8 0 03*0 £
57*0 *0*0 37*0 S
70*3 00*0 (W** «

S ep te m b e r

1895
'
V
D-iy#r-ita
<

O ctober.

N o vem ber.

75*0
24*0
53*0
84*0
22*0
54*2
71*0*
20*0
40*0
73*0
20*0
47*1
74*0
24*0
49*0
76*0
23*0
49*969*018*0

40‘2
70*0
19*0
44*0

71*0
10*0
46*0
74*0

20*0

47*070 0

12*039*7

70*0

21*0

42*0

60*0

20*0
41*4

*8*0
15*0
39*2'

74*0 77*0 74*0
40*0 21*0 37*055* 58*8 00*4
73-0 81*0 80*0
24*i 8*0 20*0
531- 53*0 54*079*0
79'U
29*0
21*0
52'u
50*1
74*o 78*0 81*0
2o*0 0*0 .21*0
45*0 48*0 5L*0
70*0 84*0 83*0
20*" 20*0 30*0
51*0 55*7 59-0
74*0 77*5
2V5 i 1*5
50 3 55*8
73% 771. «9*0
24-0 10*.- 19*0
48-i 51*i 54*8
78*0 . ... 79*0
22*0
2'VO
520
53*0

770 70*0
17*0 23*0
50*0 56*0
103*
80*0
32 0
58*0
S u n tstM le.—
98*
Highest..
90*0 79”' 81*0
22*;.
40*0
58’*
Lowest.... I
Average...:
03*7 55*4 01*0
’9 3
8
6*0
too - I 97 0
90*0 02*0 91*0 801
42*0 83 *U 38 0 21** 30*0
M’C'j 5-l-u
*8
01*7] 03*2 65*0 i 52*7 5%
81*3 77*0
. W*C»j 970 104*0 89*0! 92*i | 95*0 | 81*0: 85*)
. 40%} 51*0 50 41*i 39*0] 32*0 j 2b 0 25*0
- 80" 77*0 80' 00*0] 70*o 73 0 57*" 56*J
1
,J
101*2]1 83*0 ! 92* «8*0 71* 79*0 83*o 67*0 73*0
45 0 34*0 35*0 32*0 ! 13*
9*0 11*0 11*0 —1*0
74*I]| 65*71 01*0 ftri 451 ♦9*8 45*0 38*4 41*0

IL

03'Oj
I
i 8* 00 "II ^if| m 81 f] 7l-o!
...
64 ! ai%If 043*
1- 40 ' I 41,-..|| i.irul SI" J 4 .* 90*0'
AretuMA. >#■0, 78’ff 7? ji 81- |87- 1861 Si. {
49*0.
51
*»
HUthw . 9V0‘ m<r mrT 85‘ i
m- U 7A-oj 7Tol 8 i •|| 74*0
L:>wmt ,.
1 44%! 34*.' S5%j 33 II
&7'#j »l M *4‘Oi
Arere^e. - w) 1 ;
7." OIL{ «i*;f 61% :
STd 5#J‘ j 53*1,
WNvtf But
Highest,., WfeDi 01’ 'l Of. j 88-rtl 04*01
811-f
7ft*0
Lowest... 48*0 a
li 35*t 1S**0f
2*1)
Average. 7*0. Tro 8i
82 0] ♦*■•- ! 65%' j sr-1
4T0:
Ljw**i

88*0
27*0
55*5 58*0
84*0 80*0
32*0 34*0
55*8 61*'
I
81*0 87*0
37*0 30*0
58*4 oi*a
81*0 8l*o
33 0 38*0
55*7 55*5
83*0
88*0!
00 0

9JO
430
07*4
980

05 «»•
5)% 37-0 m
74' 8l*& •n

ALA B xMA
Uavg.-n'-j 172m
Highest,, f 041)! 9r 105 j 9 i*•. o> Si % y
79- j 78 |
•31 I iro it |
L-.'west. 1 5rx>
37*01 93 r: 9-13%j 91*0
Average.
77%I
6V- 5H:I 05'uf 65 irO Bfo
Si 0
Mo -‘U*. ~
j 71*0
Highest,. 1WPO; 0!* |m I ISA-01ia» ] 88 > 75’ .! 74 i •77- n 67 0
Lo west . ,
04- f. 48 <*I 44 j *7
27 - 29 - 8# ]
9
1*0
1
0
*
Syyl 5, &T- | §0% 51* *|56
Av*r*am. I 81'0, ?3 :
*0
w ’ h 8$'» 68 m ofj
f: ?vol
Highest.. J91*0 er*. j .... if
7S*Crf
m% f
750
a.i*,.•|4!
30%f
-31 |
heme -t,.. { 49') 64. |
88* >
a&'oj ♦raj
Amrm,e. |f"W"0 y#fc|
07%j
8ii*f ■**n
45*8
Mirsttlrutiyiff
WstHmA,.
... |] 0Jf0| .... f
Is** |f
Si" «
mo
Lowest.„.
......f|.'13Of
3 4%f| 1,4’il!
no
Si- |j 410
Avemste.
55*«|
SI'fef .. J
so*0
tktrvmi
Wt f
Si* |ST.
Highest..
71 0 74 1' 77 ||
68-0
71*4
Lowest .. 44 m 48'r 1
23%f M ■1 3-r* j!
3r»i 8f*>
7-r) 2VO
Afire**-,
72*0
48. j &*')" j 44*0? H-.'f 430
ST- j Oil ....
;
”* H
LQtHS-*3fA
If
fW »> 1 m ■ j m-rJ i r ssoff
79 |*> |j
«!*f' 790
L »west. , , f: JI 88%.]
a >- a> 31"V 2f% JW)
m-n 1 ♦Ml is-ol]
Avenge.
9Jr. |w
67'fij 7ID' 6W! I Oi-a Or- or y 6**0 Si" 510

94*0
37 0
70*5

94*0
4f0
75-9

.

89*0
23'0
020

76 0
15*0
52*0
83*0
10*1
51*3
76*0
7*0
44*o
81*0
53*9
77*0
9*0
43*0
75*(’
10*0
44*0

22
52*0
8V
21*0
55”'
75*C
201
48*1
75*<
20%
48*0

50*'
79%
25*<
5i*£
76*f
26*1
5U’C

91*0 84*0
33’
35*0
60’2 59*

97-0 98'
37*0 50*'
70*0 72'0

93*o
38*o
?0*n

74*0

79’0 79*0

95*0
33*0

77*3

Highest..

90*i
S3'
61*J

93
8H
53
38*?
73’
58*0
89 91- 85*0
50% 48*
80*0
73*2 72*0 70*o

8. CAROL'
Q A lr ie sU m .

83*0

1895. 1894. 1S9S5

25
500,
89* 83*0 73*0
25* 25 21*0
62*8 5i*0 50*

90*o 95*
54 0 4?i
75'4 74*0

Highest.. i m 04* 89*0 S78*0 S3* ■ SI*-' [ sty 73*0 74*- 89. 7-2* 73%
5f«
4 25" 20 13* 1 2y <n% ■ 42' 3. 4r <01 ;. ->4*
771 74" 71*0 |59*) 81 62%j 53% 40*li 50% 43% H ” 451
Highest,
Lowest.,

3 )*o

88*0
340
02*0

74*3

November.
December.
|j OsloSer.
.11891 183f. LSy1. ISO’
15»V0 11895. 1894 I1f3 j|tS9e

*>

D ecem ber.

3)0 80*
55 5 55*

42*
02*3

September,
189

November.

O ctober.

189* 1394, IsbR 1895. 1894. 1893. 1395.1894. 1893.

6

Tktrmomtitf

239

S3

F ebruary 1, 1896.]

73*0
14*0
43*7

D ecem ber.

1803. 1895. 1894 11893 1895 1894 1893* L895;iS94

019 e*4V 0*29 j 1*9% 0 05 2*86 3*4’ 0*81 0*75 3*51 2*28 3*05
4 U 10 10 9
3 0
8 12
9 1 s tl

tU ih tali.ii 4*40 0-3} 3*06
D a vs m i a.
7 12 U
5
RainfAlMn 0*07 4*72 5*2)
2 10 0
Days rnin
■}
Rainfall,!* o*y- 5*00 0*99
Dav«t r.iiu.
a 13 8
ft'
R ima fail,1 1 0*3% 5*00 3*2 •
Days rain
5 13 ta
-4
R'DnfalU 2*08 4*80 7*75
9
5 9
Days rati)
4'«
Ralafall,l< 8-91 10*91 7*10
Day# rain
8 9 li
E
Ralafati,lr» 0 83 0'7o 2*81
0 7
Days r tin.. 3
7c
Ralofail.ir 1*47 5*13 2*7J
Days nlri.
5 5 «
e
Rain fall,! n 0*00 4*13 7-85
Days rain..
2 0 12
C
Rilnfall.in 0*10
a
» iv* ralrr

1*07
3
2*43
4
0*79
3
2'82

5
0*50
2
0’77
3
1*75
4
1-48
3
0*88

1*50 3*26
0 8
0*S7 5*46
10 4
0*12 8*27
8 10
7*08 5 57
13 9
5*29 10*70
4 7

4*12
to
4*51
5
4*40
5
4*89
2
5
1*14
ft

7*55
9
4*08
7
2*48
9
3*16
8

2*74 1*97
13 8
201 1*23
9 8
2-30 1*71
8 4
2*81 1*59
7
10
1*21 1*37
5 4

1*71
14
3*0)
8
2*41
8:
1*97
It .
3*1
4

1*40 0*78 8*27
7 8
2*05 2*72 5*41'
11 9 7
3*32 4*30 1*82
10 10 10
3*02 ,2*40 4*388 J3 7
3*32 6*41 1*60
7 7'

3'11
9
1*02
ft
1*7.3
5
1*9.
5

1*36
10
2-19
7
1*72
8
2*04
0

2*03
11
2*71
7
3*27
8
0*55
8
4*49
9

2*44
14
1*77
9
1*71
8
2*30
2
3 84
12

0*44 4*50
3 9
2*90 3*81
8 7
2*2% 2*91
10 8
5*00 1*31
8

THE CHRONICLE.

240

1*08 5*21
5

A f a n t a .—

3*75 2*15 3*50
345

l*3J 2*02 0 39
3
5
5

1*01 0*92 1*11
4
7
7

29*

272
9

788
14

8*21
8

IT 1 3*17 0*91
3
7
0

3*74
9

3-78 2*31
7
8

1*71 0 05 3 12

....

4*!0
0

0*41 2 50
1
4

0*35 1*80
5
4

5*34
6

1*18 1*90
0
3

2*71
0

1*00 5*92 2 35
2
5
0

1*55 0*90 1*54
2
8
3

4*73 4*75 2*20
8
3

Liverpool..................
Other British ports .

2 ,0 6 i
1 ,6 1 7

7 9 6 1 2 ,9 3 7
1 ,5 9 5
2 ,6 2 0

7 ,2 3 6
2 ,4 3 1

1 1 7 ,0 3 8
3 3 ,5 6 1

1 9 4 ,0 1 4
6 7 ,1 8 0

T o t . to G t . B e i t ’n .

4 ,2 7 8

3 ,4 1 6 1 4 ,5 3 2

9 ,6 6 7

1 5 0 ,5 9 9

2 6 1 ,1 9 4

4*00 10*0
18
9

0*09
11

0 58 3*21
4
9

4*4ti
10

3*12 3*72 1*76
8
7
13

1*15 0*81
6
3

3*08
0

H ivre .......................
Other French ports..

723

904

1 ,1 0 9

1 ,2 2 5

1 5 ,1 5 5

.......

2*4«
3

1*32
5

.......

2 2 ,7 4 3
150

1*14 0 54
5

.......

1*78 2*26 2*73
9
10
7

8 67
15

2*41
10

Rainfall,It
D av«ra ln .
Kr■infall.lt
D ays rain.

1*82 1*98
5
5

5*78 s e e
n
7

C olu m b u s.—
F o r iy th .—

4*5M 2*01
7
5

0*21
8

S a v a n n a h .—

R a in fall.lr
D ays rain.

0*07 331
4
3

3*18

1*03

F L O R ID A
J a ck son v ille-

D ays rain.
la m v a .—

D ays rain.
lie iw v lH e R ainfall,ir
D ays rain.
K ain fall'lf
Days rain..

4-80 17“2* 0-2
15
18
12

801
0

4*8t
9

8-41 14*4 *
15
21

4*7
11

5*7:'
12

3*0'i
10

431
8

094
0

1*9<
3

7*4J 8*8w
3
4

2*2!
4

2'88
13

0*08 2*40
5
10

0-90 2*55
4
2

3*29 6-71
4
0

ALABAM A.
R ainful ,in
Days rain.
M obile.—

R a infall,in
D ays rain..
N eiu to n —

Rainfall,In
Days rain..

B irm in g h a m

R ainfall,in
Days rain..
F loren ce

0-74
9

0*85 3*0
8
11

1*20 2*9
0
5

1*31
5

0*87 0*73 2 0!
5
11
0

3*44
0

4'7r
14

2*29
11

l-6‘
9

4*3* 11*53
12
8

3 5f
5

8 56
5

0-60
5

3*54
7

383
8

442
9

1*84
12

0-37 2*85
10
2

2*68
3

4*31
5

0*2i
4

2*87
5

2*08
3

4*25
4

2*13
0

2*13
0

5*44
8

3*06
4

0*71
3

5*81
4

275
0

1-27
6

1*90

0*55
1

1*07 0*92
3
2

1*95
3

5 27 3*42 3*32
7
9
9

4*38
il

1*21
5

0*89 4*24
a
2

0 6£
4

1 31

0

0*24
9

4*52 201
11
10

2*31
4

087
2

5*8S
12

1*87 297
7
10

1*81
5

6*42

4*82 1*41
0
7

1*70
8

R ainfall. In 2*39 2*78
Days rain..
8
5‘
LO U IS’A N A
N ew Orleans-

Rainfall,In
Days rain..
S h rev ep ort.—

R ainfall,in
D ays rain..
(3 r d . Coteaxir

R ainfall,in
D ays rain..
L ib e r ty E i U -

K ainlall.in
Days rain..

Th e E xpoets of Cotton from New York this week show a
deorea8e compared with last week, the total reaching 21,742
bales, against 28,816 bales last week, Below we give our
u mal table, showing the exports o f cotton from New York,
a id the direction, for each o f the last four weeks; also the
total exports and direction since Sept. 1, 1893, and in the last
c ilumn the total for the same period o f the previous year.

1-97
10

0 9?
7

0*72
5

O‘0i5

0-50

2*50 2*40 0 08
2
3
5

6*oe
8

2-18
10

5*01
4

3*82

6*38 0*19 2*07
2
4
4

4

0

1*73
4

3-55
3

1*7C 0*40
0
3

318
2

1*89
S

5*?2
5

1*63
4

0 94
0

IT
10

5*59
8

2*04
3

0*7:
3

0*14 2*75
9
8

1*01
7

1*02
5

0'05 3*95
0
1

4*40
5

1*0

3

4

Si

3 85 3*88
7
7

EXPORTS OF OOTTON (BAXES) FROM N EW T O R S SINCE SEPT. 1 , 1 8 8 5 .

T o ta l F r e n c h __

723

904

1 ,1 0 9

1 ,2 2 5

1 6 ,1 5 5

2 2 ,9 9 3

Brem en.....................
H imbarg....................
Other ports................

4 ,0 1 6
3 ,2 1 4
2 ,5 2 5

4 ,0 7 6
1 ,7 5 0
841

4 ,1 2 9
1 ,8 0 2
1 ,8 4 3

4 ,9 4 0
644
1,2= *2

5 1 ,5 6 7
2 1 ,1 3 3
3 0 ,9 9 1

2 8 ,8 9 2
2 7 ,7 8 1
4 3 ,6 5 5

T o t . t o N o .E u ro pe

9 ,7 5 5

6 ,6 6 7

7 ,7 7 4

6 ,8 3 6

1 0 3 ,6 9 9

1 0 0 ,3 2 3

Spain, Italy, & c........
All other....................

2 ,0 2 1

4 ,4 6 5

3 ,4 3 1

4 ,0 1 4

3 2 ,6 3 1
705

3 9 ,8 8 8
624

T o t a l S p a in , & c ..
G ra n d T o t a l __

R a in fall,ic
Days rain..
L eiand—

Ra nfall.in
Days rain..
Clarksdale—

3

2 02 0*34 2*11
4
5
5

4*35 1*47 4*95
5
7
8

1*50 1*5<
4
4

2'7.
0

2*30 4*82
9
5

3-70 0*41
10
12

0 0*
2

4*0
0

0*79 0 5:
2
7

4 10 3*51 2*50
6
5
7

0 00 5*03
0
3

3*80 2*83
2
5

0*88
4

0*00
0

4*00
11

K ainfall,lr
Davs rain.

2*33 5*3*
0
0

R ainfall.in
D ays rain..

0*00 2*50 3*71
V
2
8

1*75 0*0*"
3
2

1*93
4

2*64
5

1*48 5*7^
9
5

7*3 i 5'90 0*35
7
9
9

0*09 0*17 4*92
5
0
5

2*02 1*00 0*C0
3
1
0

2 07
3

0*00 2*60
0
2

4*00 2*40 3*40
5
4
4

0*47 4*00 0*2f’
4
1
5

2*05
3

R ainfall.in
D ays rain..
W aynesboro-

R ainfall,in
D ays rain..

0*10
1

+
2

1*15
2

1*20 1*40 4*15
0
3
2

3

3*20
4

l*5a
5

5*20 0 03 3-79
7
7
3

250
10

590
5

3*15
5

A K K ’ NSAS.
L ittle B e c k -

Rainfall.in
H elena—

0-41
4

2*49 2*18
5
9

222
0

3*95 1*67
11
10

R ainfall.in
Days rain..

0*85 2*17 7*18
7
5
7

1*49 204
7
8

0*51
4

4*98 1*32 4 9 4
4

2*00 4*03 3*48
9
11
11

Rainfall.in
Days rain .

2*30 3*90 5*28
14
4
8

1*28 2*50 1*57!
9
4
0

3*25 2*30 3*01
4
9
11

0*00 2*51 1*09
7
8
8

f i *" S m i h C a m d en —

R ainfall.in
D ays rain..
C o m in g —

3*8*
5

R ainfall.in 2*81
D ays rain..
6

1*30
4

1*42
0

1 94 5*13
8
8

1*38 I N
4

1*22 0*05 4 42
2
1 !
8

3

1*88 3*55
2
1

2*03 3*04 1*98
10
7

e*oo 0*34 2*55
5 ]
0
3
0

2*75 3*31 2*05
7
7
8

3*43

3

TE N N K S’ K.
N ashville.—

Rainfall.in
Days rain..
M em p h is.—

R a in fall.in
D ays rain..
A shw nod—

R ainfall.in
D ays rain..
W ie r -

R ainfall.in
D ays rain.
TEXAS,
o alve8ton .—
R ainiall.in
DayB rain..
P a lestin e—

0*09 3*07 0*43
5
5
10

1*57 0*53 3-6S
5
5
0

2*14
0

073
7

1*00 5*40
7
. 8

217
7

055
3

0 61
4

5*54 0*49 3*4S '3*00 3*88 2*01
0
3
6
10
7
13

5*20 3*79 7*70
4
0
8

210
2

039
1

2*01

2*40 1*52 2*80
5
3
4

4*41 3*10 3*38
7
5
0

007
2

1*63
4

1*10 2*50
5
6

7*50 3*85
7
8

5*20
8

*8*

1-80
15

2*61
9

3

1*92 2 97

3

5

1*72
3

2*93 o n
5
4

0*55
1

5*P5

1*32
2

3*73

0*17

4*23 1*90 4*94
4
7
13

12

1*59 3*92
4
13

4*09 2*81 3*50
9
10
11

4* >.8 0*72 1*72
12
0
7

R ainfall.in
D ays rain..

1-05 10*04
9
5

Rainfall.in
Days rain..

2‘80 0*70 2*20
3
1
2

2*90 1*30 0*00
4
3
0

3’95 0*54 2*30
7
1

4-13
7

1*17 0*03
4

2*38
11

1*25 1*48 0*10
8
0
2

i-4s! 0*80 0*08
4 | 3
2

3*38
13

1*10 0*35 0*23
1
10
1

5*41 0*40 0*30
4 ; 2
1

2*02 0*85 5*30
7
2
0

2*70 3*11
4
5

0*01
1

3*59! 0*21
5
5

1*10
2

2*00 1*60 0*42
7
1
li

3*20 3*06 2*62
7
10
5

2*07 0*89 0*56
4
3
2

6*00 0*16 2*90
8
1
4

2*00
0

0*31
1

2*92 1*94
9 l 0

5*79 0*07 1*20
9
2
6

3*78 1*51
0
4

1*09
9

AU8tin—

A bilen e.—

R a in fall.in
Days rain..
San A n to n io .
R a ln f* ’ l,irt
Days rain..
H u n tsv ille.—

Rainfall.in
D ays rain..
L on g v iew —

R a infall.in
D ays rain..
S ta ffo rd —

R ainfall.in
D ays r tin..
IN D IA N T.

2*00 4*20
8
1

1*90 1*94 0*88
5
2

O klaham a—
R a in fall, id I 2*93

D ays rain J

........

2 ,0 2 1

4 ,4 6 5

3 ,4 3 1

5 ,

t nappreciable.

1*05 3*20
4
6

5

2

0*00
1

+
1

4*34 1*98
7

1*77
4

4*90
4

2*5 1
£2

0*02
1

1*00
7

2*00 0*48 0*52
4
0

4*62
8

0*55 0*04 0*70
1
0
8

10

2

1*15
2

4 ,0 1 4

1 6 ,7 7 7 1 5 .4 5 2 2 6 ,8 1 6 2 1 ,7 4 2

S ep tem b er.

B rook a v en —
K osciu sk o—

....

3 3 ,3 3 6 ]
3 0 3 ,7 8 9

4 0 ,5 1 2
4 2 4 ,9 2 7

A verages of Tem perature and K a in f a l l .— A s of inter­
est in connection with our monthly weather record, we have
prepared the subjoined tables, which show the State averages
of thermometer and rainfall in September, October, Novem­
ber arid December for six years, 1890 to 1895, inclusive.

M 18SI8’ P1.

V icksburg.—

. .. .

J ute Butts , B ag g in g , E tc .— The market for jute bagging
has been without animation the past week, no transactions
beiug reported. The close to-night is at 3 ^ c. for 1% lbs.,
i ] 4 c . for 2 lbs. and 4%c. for standard grades. Car-load lots
of standard brands are quoted at 3 ^ c, for \ % lbs., 4}^c. for
2 lbs. and 4%c. for 2J^ lbs., f . o. b. at New York. Jute butts
have been neglected, the asking prices being 1 l-16c, for paper
quality and 1% a. for mixing.

O oiu m lu s.—

R ainfall.in
D ays rain.

Week Ending—
Same
Total
period
Jan. Jan. Jan. Jan. Stinct
previous
ept. 1 .
24
21.
10.
17
year

Exported to—

2 ie r m o m e te r
A v era g es.

N .C A R ’LINA
189")
1804 (full)..
1892 (good)
1891 (full)..
1800 (good)
S . CAR’ LINA
1895 .........
1894 (full)..
1893 (goodl
1892(g o o d )
180 L (full)..
1890 (good)
G e o r g ia .
1 8 9 5 ...........
13*4 (full)..
1893 (go o d )
(good)
1391 (full)..
1890 (stood)
F l o r id a .
1805 ...........
1894 (full)..
1 8 0 3 (g o o d '
1892(good )
1891 (fu ll)..
1890 > u o d )
A labam a.
1805 ...........
1894 (fulD ..
1893 (good)
1892 (g o o 1)
1891 (full)..
1890(good)
L o u is ia n a .
1895 ..........
1894 (full)..
1893 (good)
18 *2 (good)
1891 (full)..
1800 (good)
M188I8SIPPI
i895 .........
1804 (full)..
1893 (good)
18W* (good)
1801 (fu ll)..
1890 (good)
A rk an sas.
L805 ..........
1894 (full)..
1893(go o d )
1892 (go o d )
1891 (fu ll)..
1890 (g o o l)
Te n n essee.
1895 ...........
1804 (full)..
1893 (good)
ls 9 2 (g o o d )
1891 (fu ll)..
1890 (goud)
T exas.
1395 ...........
1394 (full)..
1803 (good)
1892 (good)
1891 (full)..
1890 (good)

1802

3

O ctober.

N o v e m b er .

-d

D ecem b er.

«
a

d

|

A v ge.

D ays rain.

4*29
6

1395 1894 1893. 1895 1804. 1803. 1895. 1894. 1893.

6 00
70*3
70*4
7u*7
70 m
07*4

18*4
lo*2
21-8
11*0
39-4
21*6

42*9
43*1
44*1
40*7
47*7
41*9

52-J
52 9
53-0
55-2
52 W
59*3

71-0
74*2
73*0
73*0
71*7
70*7

21*4
8*0
25-0
18‘8
23 7
28*3

44*7
43*9
49*9
47*0
51*1
47*9

30-8
20-4
27*0
28*4
21-3
337

59-1'
53*5
550
54*3
549
50-8

73*0
73*0
72*2
04*5
09*7
09*7

21*5
8-0
25*6
205
25*2
29*0

47*9
49*8
50*8
40*3
50*3
48*2

82*7
81*0
82*1
83 m
805
88 9

35*7
35-3
30o
30-8
3 08
41-8

01-9
62-9
0 04
00-6
02-1
6 02

80-0
79-5
78-3
8u-4
80*0
79-5

30*0
15*8
35*2
30*3
37*9
31-0

55*5
58*9
60*2
59*0
01*9
57*4

04*6
01-5
05-5
60-8
01-7
64*1

77'6
77*0
77*5
79*4
80-7
82*3

24*0
23-7
24*5
SOM
21-3
33‘U

5V4
5 04
50-8
54-3
5 4-9
008

71-2
73 m
71-0
75*2
72-8
75’tt

2 )*8
10*0
2-04
10*2
24*3
20*1

47*0
54*0
50*3
48*1
50*2
52*1

43*5
40*3
44*0
38*8
40*1
39*4

64-0
66 7
07*0
70 9
05*2
05-5

S0*2
80*8
80*3
81-9
83*8
83*U

31*3
32-0
38-U
3 04
27-0
32*7

57-0
57-0
50-7
50-5
00-2
60*2

74-0
81-3
78-3
79-5
74*5
73-0

27* .1
14*0
20*3
21*5
2 7*2
28*4

56*0
52*8
50*2
51*7
52*3
500

90 3
89*3
89-1
89-8
00*9
83 0

34 3
303
31*0
31*4
32*0
34*9

61-1
029
6 00
00*1
01-2
62-6

80*7
7-5*2
*''
79*8
82*3
83*7

20-7
22*7
•Jo"?
27-0
21*0
3 07

54*5 75-3 20*5
0*3
51*9 78-4
52-7 77 3 22 1
5 f < 77-8 13*3
61-6 73*2 24M
58-7 79-4 22*4

49*1
48*4
505
41*5
51*4
49*5

78*5
72*0
72*0
71*7
74*9
70*4

33-5
88*2
87*2
87*0
83*4
85*5

33*8
31*2
33*8
36*4
35'0
33 3

59-7
01 7
59-8
05 2
02-0
01*0

7S*0
70*U
70*J
7 »*8
80-0
77*4

24*0
22-0
22-0
2**7
20-0
318

50 9
407
40-0
51*5
49*?
501

68-4 17*4 43*1
4*0 43*0
71*8
70*8 17*8 4 i*0
72-0 12*2 42*4
60*3 22*3 48*1
74-3 21*4 45*1

43*0
48-0
45*5
47*1
52*3
49 8

72 8
73-1
70*4
09 4
70*5
71*3

8<*0
84-3
83-8
83*8
83*o
84*9

34*0
34*8
28*8
29*8
31*6
82*9

59-0
00-2
53*0
01*1
58 0
5S*0

74*7
74*8
73*w
74*0
73*3
70*8

24*0
17*0
lvo-i
19 7
10-0
29-1

50-0
45*5
4(03
46 7
47-9
5 08

68-0
67-5
68-7
71*0
67*0
06-8

10*7
3*0
18*o
10*0
22*3
22*0

42*0
41*8
42*1
38*5
47*0
41*7

53*4
57-8
00*0
55-8
57*3
48*0

80 9
77-7
79*7
70-1
77*0
75*0

88*7
02*0
04*4
90*8
8 7*0
83*8

45 2
40*3
41*5
39-9
433
43 9

65-6
709
09*3
09-0
08-i
77-9

78*9
84*2
85*5
8i*0
80*7
82*5

286
28*4
31-1
33-0
29 7
30*3

55*0
53*9
57*0
59*8
58-8
590

75-1
79*1
79*1
79*0
75*0
79*0

*20*8
12*7
20*8
19*0
28*2
27*0

50*9
53*7
55*4
50*5
53*3
53*8

Low .

G E O R G IA .
4utfu«ta.—
R a in fall,lr
D*-y§ rain.

1895 1H94 1893

D ecem b er.

N ov em b er.

O ctob er.

S eptem ber.
R a ittfd U .

[Vol. LXII,

c*

|

1

m

1

9591*0
0OM
S5*0
89-0
80*8

50-6
54*4
45*0
43*0
53*8
52*0

74*8
72*5
70*3
09*0
71*0
71*1

79*0
8i*k
82-0
82*0
85*8
84*2

3 00 56*0
36*2 60*3
59*0
32*4 58*8
32*0 59*0
33*8 50*9

70-8
73*8
74*0
77-2
75*4
70 8

27*0
23 2
20*0
2(0 2
17-8
25-7

51-0
48-2
40 7
402
4S 3
53*5

93*7
93*8
91*8
87*0
80*5
89*2

52*0
50*5
53*7
55*3
61*0
55*3

77*2
75*5
74’*
72*3
73*8
73*0

86*4
87*2
81*0
8 04
8*j*2
87*1

40 6
40*3
34*3
35*5
34*7
37*2

61*6
04*1
04*3
64*3
59*6
63*7

77*2
75*0
77*3
80*0
79*4
80*0

23*4
20*5
24*8
2V3
23*7
330

91*8
92*H
93 5
88*3
00*2
01 *t

52*5
58*5
5 7*7
55*3
59*7
50*7

78**
70*4
70*0
72*3
74*5
74*0

87*8
87*6
8 08
83*7

41*8
42*0
38*0
37*u
STS 37*7
87 0 37*3

63*7
05*''
05*9
64-3
00 7
62 9

81*3
75*0
7s* n
82*2
78*7
78'5

91*8
03*3
92*6
90*5
80*3
0J*8

64*3
04*0
63*4
00*0
05*5
0b*4

78-3
73*9
78*5
77*3
77*0
78*1

87*3
87*0
87*8
80-3
80*8
89*4

5«*3
533
50*7
41«)
45*4
44*0

70-4
71-9
71-0
70-1
68*3
72-0

94*0
91*5
95*5
88*0
92 9
0J*2

47*4
56*0
01M
50*5
54*0
55*5

79-0
75*8
77*5
7L*9
75*0
75*9

87*4
87*5
87*0
S0*(J
89 3
80?

40*2
40*3
38*5
37*0
33*5
34*4

970
03 8
07*4
91*8
93*0
92*2

49*8
54*0
57*4
55*0
50-8
48*3

78-8
7 b*4
78*5
74*2
75*0
75*7

89*3
89*8
8>*3
90*0
H>*0
87*0

93*8
92*0
05*7
91*7
94*8
01*0

43 8
50*3
52*3
50*5
50*8
51*4

79*6
74*7
745
72*0
75*5
740

90*8
94*0
90*0
00*8
93*8
90*0

39*6
474
42 8
51*0
54*4
48*8

94*5
91*0
923
87*4
92*8
88*5
97*4
91-5
100*7
93*6
92*9
92-7

0)

322

so

flgjF*Tiie words “fall” and “good” following the years given a b o v e
meansLnply that the agiregate crop for tbs year named was fall of
good.

THE CHRONICLE.

F e b r c a b y 1, 1896. j

Tile rainfall average are as follows:
D ecem ber.

RainfallAverage*.

Manchester Market.--O ur report received by cable to-night
from Manchester states that the market is firm for both
yarns and shirtings, in consequence of Liverpool news. W e
give the prices for to-day below and leave those for previous
weeks of this and last year for comparison:
1895-96.

fH ia Cabolew a.
itm (fuir*

1894-95.

lbs. ShiHACott'n
8H lbs. Shirt­ ott’n
32»' Cop. ings, comtnon\ Mid. 32s Oop. ings, common O
Mid.
Twist.
tofinest. lipids Twist.
tofinest. Wplds
SH

W&3 m o o d ).
1 893 twKMlft

W l (fail)..

18&0(gOOd).
Boera Cakolina.

d. a. d. a
d.
d. ;s. d. s. d,
(1. d.
a.
Dc.27 6U1 b®7T,8:4 5 ®6 7*3 413 53l6®578 4 0V©6
Jan. 3 6 »i ® 7 % 4 5ks®6 8
3U*2
0 @6 0 P
4%
0 % @5 5,6
10 6 % ®7ki 4 5 36 8
0^@6
llg
17.65s ®73s 1 4%*6 719 s * 5 ®Si*i6!4 0 ®6
21; 0% »7% 4 4Ja®6 71-3 4'»;» 418,, 5.534 13 1113^6
1 181
31 6 % -a>7T|e 4 5 8 6 8 4% 4vs
1311 ® 6
23132
UOMPABATIVE 1'OKT RECEIPTS AND MAILS CROP MOVEMENT,
—A comparison o f the port movement by weeks is not
accurate as the weeks in different years do not end on the
same day o f the month. W e have consequently added to our
other standing tables a daily and monthly statement, that
the reader may constantly have before him the data for
seeing the exact relative movement for the years named.
The monthly movements since September 1, 1895, and in
previous years, have been as follow s:

180* {full)

s

241

i r

189! (fall)......
1890 wood).
■GSOBSH,
1SSS......
i ! » s (t o ll. .

18#3<yo<MU.

1382{J H.dj.

ISM OnU)..

19W (good)..
etORlOi.
t m ___

!'*<*! stall:

1893 (good

x4
7

•

6 f
0 1

4 *2
rxi
5*id
5-53
2V 0

10

8*7d
IDt
5 *«i

1?

T
-1
7«
m: ru
4-77
m 4*31
3
ms
*

0

3

Monthly
tteeeipU.

Si Sept’mb’r
8

f
0

1
m
0.

October..
Koremb’r
Decemb'r
January.

Tear Beginning September 1.
1895.

1894.

1893.

1892.

1891.

1890,

383,986 518,702 377,408; 405,355 676,823 732,236
1,202,460 1,622,664 1,3 11,2 6 9 1,135,473 1,532,426 1,365,231
912,759 1,607,662 1,277,776 1,125,855 1,376,909 1,14 5,4 16
987,899 1,497,560 1,239,738! 930,029 1,215,144 1,195,063
548,118 938,197 687,028: 436,457 665,162 859,979

Total... 4,035,122 6,184,845:4.888,219t4.033,169 5,466,464 5,297,925
Perc’tageof tot. port
75-76
78'46
8 170
7S-70
76-38
receipts Jan. 3 1 ..

This statement shows that up to January 31 the receipts
at the ports this year were 2,149,731 nates l»ss than in
1894-95 and 833,097 hates less than in 1898-94. By adding to
the totals to Dec. 31 the daily receipts since that time we
shall be able to reiica an exact comoarison of Che movement
for the different years.
1895 96,

■g f j j j f c

n r Itw words **fan " »Q4 ’*

<v>ov», m.»<. teat

9 t >ntor Ike rear vrne fall orIfmwl.
Sea Islaxd Cotton Movement,—W e

have received this
(Friday 1 evening oy telegraph from .the various ports tie
details of the Sea Inland cotton movement for the week. T ie
receipts for the week ending to-night (January 31 and since
Sept, 1,1895, the stocks to-night, and the same items for the
corresponding periods of 1894415. are aa follows.
1895-90.

Hr.mipu to Jem*. 3 1.
S u vaasah . . . . . . . . . . . . . . . .
Charleston, A c............. .
K.orhla, A c . . . .. . .......... .
T o t a l.......................

1894-95.

Since
TM* Since
meek. Se.pl. 1. meek Sept. 1.
1,278 m*402 1,029 6-1,243

mock
1896. | 1895.

mi

10

17.752! 9,666
5,088 3,253! 931
4,512 1,534: 2,341

1,599 82,723 1,188

70,835 21,539! 12.93-8

15 1;
163,

9*583
4,738

Trie exports for the week ending this evening reach a total
of 385 hales, of which 335 bales were to Great Britain. to France and — to Reval. and the amount forwarded to
No hem mills has been 1,063 bales. Below are the exports
1 Week Ending / »n U.
from— \Grmt Fr'nm Total.
iBritn.
8’ r»fttf tr»
......
QbirVi*tt*&c ......
Florida, AoJ . . .. .
York...: ......

Since Sept. 1,18 9 5 . Horth'n Win*
Great France Total, W
_ eek
, . i Binc<
Bril’n dc.
ll MB 2.36(1 14,014 855 24,174
1,374
2,921

64 2,985

1* 0 4 7 3*017 14, UU
995
995
“m
300
300
200

Baltimore ..

200

Total.......

325

......

Total 1894-5:

435

25

2 17
163 3,563

........
5,447 32,458 1,065 2 9 ,111
460 2-1,552 4,278 28,830 1,499 30,366

325 27,0 11

189 4-95. 1833-91.

1892-93,

1891-92, 1890-91,

To. Dec 31 3.447,001 5,216.648 4,201,191 3,596,712 4,801,302 4,137,948
15,885
21,816
8.
17,433
32,677
32,028
Jan. 1 . . . .
26,715
17,430
23,535
23,643
19.793
• 2 ....
13.524
30,573
8.
32,023
26,705
40,693
22,425
** 3 .. . .
18,432
.
45,771
25,570
48,136
22,814
“ 4 ....
42,551
30,663
18,183
43,593
23,071
** 5 . . .
8.
42,207
28,847
22,088
18,672
8.
•* 6 ...,
23,347
21,438
20,845
8.
31,364
50,228
22,508
*• 7 . .. .
25,607
8.
41,210
28,016
24,336
3 2.888
•• 8 ....
51,905
17,406
27,011
32,704
22,311
13,419
«• 9 .—
35,578
23,627
8,
20,360
26,052
29,415
" 10 ....
8.
11,509
30,889
17,085
39,407
17,079
•• 1 1 . . . .
25,875
40,789
12,168
25,203
24,423
8.
•* 1 2 ....
32,281
27,993
13,428
19 ,711
18,155
8.
** 1 3 . . .
17,681
16,554
14,995
s.
24,870
52,159
» 1 4 ....
25,515
34,123
8.
26,546
15,092
30.136
** 1 5 . . . .
37,948
19,002
29,038
22,169
20,870
25,621
*♦ 1 8 ....
27,398
2 3,12 1
8.
20,662
23,471
27,019
** 1 7 . .. .
8.
24,397
12,529
21.104
13,332
49,063
** 18 ....
32,212
12,486
19,384
36,526
8.
27,973
1 9 ....
30,182
16,457
12 ,13 3
26,446
14,278
8.
“ 2 0 ....
26,510
9,663
12,299
8,
21.359
42,076
*« 2 1 . . . .
19,160
814 823
28,215
18.872
33,994
■* 2 2 ....
43,183
11.403
15,610
32,6^5
38.009
17.054
•* 23 ...
28,405
14,728
8.
24,686
29,873
20,501
2 4 ....
8.
20,452
11,2 55
19,981
16,759
■ 10.501
* 2 5 ....
37,189
30,878
10,451
22,389
22,906
8.
** 2 0 ....
38,251
14,338
11.289
23,612
£3.533
8.
** 2 7 ....
32,201
15,386
10,106
8.
42,050
20,898
- IS....
22,140
33,943
8.
19,231
22.000
32,891
*‘ 2 9 ....
36,917
38,924
16,990
22,695
24,180
14,184
*• 3 0 ....
36,266
8.
25,165
25,037
41,282
25,180
** 3 1 . —.
5,297,925
5,406,164
4,033,169
4,888,219
6,184,840
Total . . 1,035,122
Percentage of total
75-68
76-38
78-70
81-70
port rec’pts J aa, 3 1 78-46

This statement snows r.nat cub ceuBqjwj amuo uow., . - By­
te-night are now 2,149,733 bales less than they were to the
same* day of the month in 1895 and 853,097 bales less than
they were to the same day of the month in 1894. We add to
the cable the percentages of total port receipts which had
,*an received to January 31 in each of the years named.
Shipping News ,—The exports of cotton from the United
staf f's the past week, as per latest m ail returns, have reached
133,840 bales. So far as the Southern ports are concerned these
are the same exports reported by telegraph anti published in
the C hronicle last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.

A considerable portion of the Sea Island cotton shipped to
foreign ports goes vis New York, and some small amounts via
Biston and Baltimore. Instead of including this cotton for
the week in which it leaves the Southern outporfs, we follow
the same plan as in our regular table of including it when
actually exported from New York, & c. The details of the
shiomenta of Sea Island cotton for the week will be found
under the head “ Shipping News,” on a subsequent page.
Total bales.
Quotations Jan 31 at Savannah, for Fioridaa, common,
N kw Y o k k —T o Ltve>*OO0l, pdr etmrcierg Bovie, 3 ,426 ,...L a s - 7,236
1 2 i%c.; medium fine, U ^ c .; choice, 18}£c.
sell* 850 ...Servl*, 2,960
-.......... Gharirarton, Carolina*, medium line, 33 to 23c.; fine, 23c.;
1 ,6 7 3
To Hull, parsteamer Buffalo, 1,8 78 ................. — *•
fully fine, 26c,; extra fine, 30 to 35c,

242

THE CHRONICLE,

[VOL. LXII,

L i v e r p o o l . —By cable from Liverpool we havj the following
New Yors . - ( Concluded)—
Total bales
To Manchester, per steamer Laasell, 758 ..............................
•
statement o f the week’s sales, stocks, &c., at that port.
To Havre, per steamer La Bretagne, 1.225........ . . . . . . . . . . . . L ' f
To Bremen, per steamers Saale, 630 ...Stuttgart, 4,340.... 4,940
Jan. 10 Jan. 17. Jan. 24 Jan. 31
To Hamburg, per steamer Italia, 644......................................
644
To Amsterdam, per steamer Werkendaro, 1 0 3................ —
63.000
82,000
57.000
60,000
To Antwerp, per steamer Noordland, 1,152........................... 1.152 lales o1 the week...........bales.
Of which exporters took ..
1,600
1,300
1,900
1,400
To Malaga, per steamer Powhatan, 1.500................... ........... f ’Jvro
Of which speculators took ..
2,400
2,000
2,300
900
To Naples, per steamer Peoonic, 1,072........... . - -----......... 1*072
51.000
72.000
52.000
50.000
To Tiieste, per steamers Picqua, 553 .. Powhatan, 6 7 .......
o-0 tales American.........................
11.000
8,000
13.000
5,000
To Venice, per steamers Picqua, 280 . . ..Powhatan, 542......
822 Actual export..........................
Forwarded.................................
99,000
76.000
67.000
61.000
New Orleans—To Liverpool, per steamers Assaye, 7,594
1,116,000 1,111,000 1,111,000 1,103,000
Electrician, 3,687
Mexican, 3 ,863...Nicaraguan, 3,639
Of whloh American—Estim’d 9 21,000 92 -,000 918.000 90 3,000
Texan, 4,000
Vesta. 4.786 ..........................................2/,569
168,0C0
77.000
75.000
65.000
To Rouen, per steamer Eddystone, 1,104................- .............. l*12i Cotal Import of the week.......
134.000
61.000
47.000
51.000
0 1 whioh Amerioan........... .
To Dunkirk, per steamer 8andhill, 2,485................................ "*485
158.000 179.000 198.000 176.000
To Bremen, per steamer British Crown, 7,477 .......- .......... - 7,477
vmonnt afloat.........................
150.000 166.000 185.000 165.000
o f which Amerioan.............
To Barcelona, per steamer Miguel Gallart, 1,950 ................ 1 9o0
To Genoa, per steamers Migual Gallart, 6,35o.......8an
The tone of the Liverpool market for spots and futures each
Giorgio, 2,294.
................................................................... 8,644
To Naples, per steamer San Giorgio, 1,165........................ .
1,165 day of the weekending Jan. 31 and the daily closing prices
Galveston—To Bremen, per steamers Darlington, 4,781 —
of spot cotton, have been as follows.
Monrovia, 7,485................................................................ — - 12,266
To Hamburg, per steamer Verbena, 776................... ............
776
To Rotterdam, per steamer Itauma, 200—
............. —
200
Spot,
Saturday Monday. Tuesday. Weekday Thursday. Friday.
T exas City—To Bremen, per steamer Darllngtou, 2,103........... 2,100
Mobile—To Bremen, per steamer Hesper, 7,528......................... ?,528
Fair
G ood
Market,
i
(n buyer*’ Easier.
business Easier.
S tead r
business
Savannah—To Barcelma, per steamer Solveig, 5,100............. favor.
doin g.
d o in g.
To Genoa, per steamer Solveig, 4,350..................................... 4,3o0 1:45 P. M. (
Wilmington—To Bremen, per steamers Royalist, 11,014 ...
4Sg
4I93!
4%
41^32
49,6
419S2
Rydal Holme, 6,150...........................................- .................. 17*164 M ld .tJ p l’ d s .
Norfolk—To Liverpool, per steamer Ardrishaig, 2.939............. 2,909
8,000
12,000
10,000
12,000
12,000
10,000
To Hamburg, ner steamer Taormina, 1,100........................... 1,100 8 p e o . & e x p
1.000
1,000
1,000
1,500
1,000
500
Newport News—To Liverpool, per steamer Ardrishaig. 916...
916
Boston—To Liverpool per steamers Angloman, l,e73.......
Futures.
Sachem, 1,882....8ylvania, 526............................................ 4,063
u iet at
G ulet at S teady ai Steady at S te a d y at
Market, \ S teady . Q
To Halifax, per steamer Halifax, 235.....................................
235
Dartially 2-64 d e ­
1-64 a d ­
1-64 d e ­
p a rtia lly
1:45 p. m.$
B altimore- T o Liverpool, per steamer Sedgemore, 1,194 up­
1-64 a d v .
1-64 d ec.
van ce.
clin e .
cline.
land and 100 8ia Island.. ........................ .......................... 1,294
To Rotterdam, per steamer Venango, 400 ............................
400
Q u iet and
Market, i S tead y .
Very
S te a d y .
S te a d y .
Easy-.
Philadelphia- T o Liverpool, per steamer Pennland, 300........
300
steady.
steady.
4 P. M. $
Total............................................................................................ 132,8 40
The prices o f futures at Liverpool for each day are given
The particulars of these shipments, arranged in our usual below. Prices are on the basis of Uplands, Low Middling
form, are as'follows.
clause, unless otherwise stated.
Havre,
RollerThe prices are given in pence and 64th. Thus: 4 63 means
Hull <&Rouen. Bremen dam A
4 63-64cL, and 5 01 means 5 1-6 Ul.
Liver- Man- <£ Dan- A Ham- Ant- South HaliP'jol. Chester, kirk. burg. voerp. Europe, fax.
Total.
New York. 7,236 2,431 1,225 5,584 1,252 4,014 ........ 21,742
F rI.
Satnr. Iflon.
Tu es.
W e d . T liu rs.
50.394
3,539 7,477 ........ 11,759
N. Orleans. 27,569
Jan. 25 to
13,242
13,042
Galveston...............
200
Jan. 31. 12*2 1 1 45 4 1:45! 4 1:45 4 1 451 4 1:45 4
2,100
2,100
Texas City ........
p. M. P. M. P M. P. M. P. M. P. M. P. M. P. M. F M.|P M. P. M. P. M.
7.523
7,528
Mobile...................
9,450
9,450
8avannah...............
1. d.
i.
d.
d. d.
d.
d.
d.
d.
i. 1 1.
17,164 January___ 4 30 4 31 4 29 4 29 4 27 4 27 4 30 4 31 4 31;+ 32 4 32 4 33
17 A 64
Wilmingt’n ........
4,009 Jan.-Feb— 4 30 4 30 4 29 4 29 4 26 4 27 4 29 4 30 4 314 31 4 30 4 29
Norfolk... 2,909
1,100
916 Feb.-Mcli... 4 29 4 29 4 28 4 28,426 426 4 28 4 29 4 30 4 30 4 29 4 28
N’p't News
916
Boston......
4,066
235 4,301 Mch.-April,. 4 28 4 29 4 27 4 27 4 25 4 26 4 28 4 29 4 29 4 29 4 23 4 27
1,694
Baltimore.. 1,294
400
4 28 4 23 4 27 4 27 4 24 4 23 4 27 4 23 4 28 4 23 4 27 4 26
PhlladeTa..
300
300
4 27 4 28 4 26 4 26 4 24 4 24 4 26 4 27 4 2714 27 4 26 4 25
Jime-July.. 4 27 4 23 4 26 4 27 4 24 4 24 4 26 4 26 4 2714 27 4 26 4 25
Total.... 44,290 2,431 4,814 53,995 1,852 25,223
235 132,840
4 27 4 28;4 26 4 26'4 24 4 24 4 26 4 26 4 2614 26 4 25 4 24
4 26 4 26 4 2 1 4 24'4 2 1 122 4 23 4 24 4 24:4 23 4 22 4 21
Below we add the clearances this week of vessels carrying
4 1L>4 18'4 17 4 16 4 1414 14 4 15 4 15 4 15!4 13 4 12 411
ootton from United States ports, bringing our data down to
:4 15 4 14 4 13 4 lg|4 03 4 09 4 11 4 11 4 114 09 4 07 4 07
...1 .
the latest dates.
Nov.-Dee.
Galveston—To Liverpool—Jan. 28—Steamer Ida, 1,868.
To Hamburg—Jan. 24—Steamer Glenisle, 300.
To Rotterdam—Jan. 24—Steamer Bjorgviu, 300.
B R E A D S T U F F S .
T e x a s City—To Liverpool-Jan. 28—steamer Ida, 3,300.
New Orleans-T o Liverpool—lai. 27-Steamer Mira, 3,9 30 ...Jan. 30
F r i d a y , January 31, 1896
—Steamers Governor, 4,020; Orion, 4,343__ Jan. 31—Steamer
Inventor, 3.010.
There
has
continued
to
"be
a
fairly
active market for wheat
To London—Jao. 24—Steamer Ciyo Romano, 1,9 )5.
To Dunkirk—Jan 27—Bark Au^mte. 4,19 1 .
flour.
The
home
trade
has
bsen
a
fairly
large buyer of trade
To Bremen-Jan. 31—Steamer Alcaba, 6,681.
To Hamburg—Jau. 27-Hteamer Iudrapura, 1,561 ...,Jan. 29 — brands and prices have further advanced 5c. to 10c. per bbl.
Steamer Hungaria. 3.088
Shippers have given some attention to low grades, but as a rule
To Genoa-Jan. 3u—Steamer Puerto Rico. 5,303.
P e n s a c o l a - To Liverpool-Jan. 30-Steamer Coliingliam, 2.499.
their limits were too low to admit of extensive trading. City
S a v a n n a h —T o Bremen—J a u 25—Steamer Nether Holme. 5,700.
mills have sold well at an advance of 10c. per bbl. Rye flour
C h a r l e s t o n —To Bremen-Jau. 2 5—Steamer Forest Holme, 7,100.
To Barcelona—Jan. 25—Steamer Craulev, 6,551
has been quiet and without change. Buckwheat flour has
Norfolk—To Liverpool—Jau. 25—Steamer Abarenda, 1,8 36.
To Hamburg—Jau. 30 Steamer----------. l.ooo.
also been quiet but steadily held. Corn meal has received a
Boston—To Liverpool—Jan. 21—-^team^r Philadelphian, 429 ...Jan.
limited amount of attention at steady prices, To day the
27—Steamer Sagamore, 969 upland and 125 Sea Island......
Jan. 23—Steamer Armenian, 10,424.
market for wheat flour was quiet but steady.
To Yarmouth—Jan. <£8 -Steamer 13 >ston 95.
B a l t i m o r e - T o Liverpool -Jan. 2 3 —Steamer femplemore, 1 ,6 4 4 up­
Speculation in the market for wheat futures his c mtioued
land and 200 Sea Island.
fairly active, although there was a deoliue during the
To Bremen—Jan. 29—Steamer Dreslen. 4,199.
To Rotterdam - Jan. 2 i Steamer Durango, 10 >.
first half of the week under realizing sales by longs ; subse­
P h i l a d e l p h i a - T o Liverpool Jan. 24—steamer Belgenland, 200.
S a n Francisco—To Japau—Jan. 10—Steamer Afridt, 4,670
quently this loss was more than recovered on g o o i general

Below we give all news received to date o f disasters to buying, stimulated by stronger foreiga alvicss and unfavor­
vessels carrying cotton from United States ports, &c.:
able crop accounts from the West. In the soot market ship­
B e t t y , steamer ( 8 r .) , at New Orleans, f o r Venioe and Trieste, had A re
in her hold on Jan. 28. Not over 10 bales of eottou burned and pers have been moderate buyers, particularly during the latter
about 100 bales damaged.
part of the week, and prices have advanced. The sales
Cotton freights the past week have been as follows.
yesterday included No. 2 Northern at lc. over May, f. o. b.
afloat. It was also reported that a shipment of ab out 500,03d
Satur.
Mon.
Tues. Wednes. Thurs.
hrt,.
bushels had been made from Minneapolis to Boston for ex­
Liverpool......... d.
“64
” 18
port. To-dey the market was stronger during early ’Change,
17i 8
171 8
171 8
Do
........... r
but later free realizing saRs by longs caused a reaction, The
Havre................ c
>4
*4
*4
*4
spot market was quiet. The sales included No. 1 Northern at
H
*4
Dunkirk. ____ c
3%c. over May f. o. b. from store.
Bremen.............. c
27*31
27»*»
27*21
27*s‘
27*3*
27**«
Do . . . . . . __ c
...
Hamburg........... c 25»®'4
26 i
251
251
2 5i
251
_,
Do
........... c.
....
Amsterdam----- - c.
301
30.
301
30t
30
30Reval, v. Hamb d.
,3a.
1364
13„4
130l
1SC4
Do v. fclull...d.
38
S18
316
31«
316
Barcelona......... d.
Genoa, Feb........a.
30r
301
30t
310
S16
301
Trieste.............. d.
Dp4
1>6.
" gi
US4
” 6.
11.4
Antwerp.............<1.
1S12 -T84 l312S-764 13128_764 1312S-7, 4
Ghent, v. Antw’p.rf
“«4
“61
984
“«4

DAILY CLOSING PRICES OF NO. Z RED W INTER W H EAT.
S a t.

February delivery...
Maroh delivery........
vtay delivery............
June delivery............
July delivery........

72*8
73 *3
71
71

Mon.
72%
73%

71%
71

71

T u es.

ITerf.

T h u rs.

F r i.

7 I'i
70**
70
70

73*e
7 1*3
71
71

74 ■■0
72%
7 t 78
7178

737s
7 1 7g

71*3
71*3

There has been very little interest shown in the market for
Indian corn futures, but pricos have made fractional im ­
provements in sympathy with the improvement in wheat.
Any imoortant improvement in values, however, was checked
by a large crop movement and dull foreign advices. la th e
spot market business has bsen slow, but prices have been
steadv. The sales ves*er3av includ’ d N i. 2 mixed at llo C .

THE CHRONICLE.

Fubbcaby 1, 1886.]

over M ay f. o, b. afloat and steamer m ixed at 35><c. in ele­
vator. To-dav the m arket was slig h tly weaker m sym pathy
with the decline in wheat. The spot m arket was moderately
active. The sales included N ) 2 m ixed at37J^@37?gC. f. o. b,
afloat; steamer m ixed at 3 5 % 3 . in elevator; steamer yellow
at 86e. in elevator; No. 2 white at 44c. f. o. b. afloat, and
ear corn at 55c. per cwt.
n m y CLOSING FBIOES OF NO. 2 MIXED COEN.

243

packages, valued at <260,69S, their destination being to thepoints specified in the tib le below;
NSW YORK TO JAN. 27.

1896.
Wee*.

1895.

Since Jan. 1

Great Britain___ _________
Other European.................. .

80
153
China
. . . . . . . . . . 3,370
Sat. Mon. Tuts. Wed. Thun Fru India.................. .................... 325
500
36%
36%
A rabia,........................ ......
36%
36%
January delivery----464
36
38%
3 6 % Africa......................................
36%
30 %
36%
February delivery...
2 11
36
36%
36%
36*4
36%
May delivery.............
36^4 West Indies............................
3
7
%
itexloo....................................
38
3
7
%
3
7
%
3
7
%
3
7
%
3
7
%
July delivery............
2 51
America...................
Oats for future delivery have been moderately active and Central
690
South America........... ........
prices have advanced slig h tly in response to stronger advices Other Countries...................
49

222
295
9,023
676
500
1,887
1,408
184
790
3,521
258

Week. SinceJan. 1.
119
53
2

__

2
375
53
427
643
34

314
114
2,737
28
2,444
1,038
1,573
17 1
741
3,096
330

from the West, where shorts have been buying to cover con­
Total................................. 6 ,13 1
18,764
1,708
12,586
tracts. In the spot m arket o n ly a very lim ited amount of
1,000
China, via Vancouver',... . . . . . .
....
business has been transacted, out offerings have been lig h t,
6 ,131
19,764
1,708
T o t a l..........................
12,586
p articularly of m ixed grades, and prices have advanced. The
sales yesterday included No. 8 mixed at 25c. in elevator, and
' From New England mill points direot.
No, 2 white at 26@ 26%c. in elevator. To-day the market
The value of the New Y o rk exports for the year has
was quiet but steady. The spot m arket was d u ll. The sales
included No. 2 mixed at 25c. in elevator and No. 2 white at been $872,701 in 1898 against $637,051 in 1895.
Sales of brown sheetings and d rills in a general way con­
26c. in elevator.
tinue lim ited in volume, little doing in the w ay of contracts
D AILT CLOSING FBIOES OF HO. 2 M IXED OATS.
more
than a month ahead. The tone is flat and prices irreguS a l.
lio n .
Tu rn.
W ed .
Thun.
Fn.
la rfo r these, as well as for brown ducks and osnaburgs. Coarse
25
24%
............................ .
Janaary delivery. ..,.0 . 217s
24% 25
24%
24%
21%
24% colored cottons also are flat and in slow request, w ith some
February delivery ....o .
25% 25%
24%
25
25
25% sales of denims reported below cost of production. Plaids
March delivery... ....0 .
_
_
0.
25%
25%
25%
25%
25%
25% are in abundant supply and w eak outside of a few leaders.
May delivery........
Barley has been in fa ir demand from shippers at steady Business in bleached cottons still most monopolized by j ibbers
prices. Sales for the week amounted to about 400,000 bushels. at cut pricgs, agents having made no change yet,' Lo w The following are closing quotations :
grade bleached weak, w ith a slow demand under print cloth
FLOOR.
influences. W id e sheetings and cotton flannels and blankets
Fine.................V M>1. $2 00a 225 Patent, winter............$3 60 9 * 3 85 sell slow ly, w ith some irreg ularity, Q iilt s and white goods
Superfine.................... 2 2 53 2 50 City mill* extras........
4 10
dull. K id -iin ish e d cam brics inactive and prices in favor of
Extra, No. 2 .............. 2 40a 2 75 Bye flour, superfine.. 2 3 39 2 75
Extra.No. 1............... 2 4 59 3 10 Buckwheat flour------ l 20a 125 buyers. F a n c y prints and other regular printed lines d u ll
and barely steady ; fine specialties in moderate request. Nov­
Glears......................... 2 6S9 3 30 Corn m ealStraighta. . . . ............. 3 259 3 6 0
Western. * 0 ............ 2 1 5 * 2 2 0 elties in woven-p’atterned goods and napped fabrics in steady
Patent, spring.......... 3 409 3 75
Brandywine............
2 25
demand for moderate quantities, but gingham s du ll through­
(Wheat flour ta sacks sella at prices below those for barrels.)
out. P rin t cloths have declined to
for extras, w ith
GRAIN.
moderate sales.
e
Corn, per bush—
e.
e.
Wheat—
Spring, per bash..
Bed winter No, 2 . .
Bed winter...........
White.....................
Oats—Mixed, per bn.
White.....................
No. 2 mixed__ . . .
No. 2 white-----------W

e.
T7
West'n mixed___ _ 35 *
No. 2 mixed......... 30%*
79
Western yellow ... 36 *
SO
Western white___ 37 9
79
24 O 20
25 9 28% 8 Western, per bush......... 9
State and Jersey........... »
25 a 26
Barley—Western---- 40 9
26 9 27
State 2-rowed.................*
State 6-rowed____ ___o
P er oilier [ab le* a*aa!iv elven h ere *** page ! i ! 9 .
69

9

77 h 9
TO
it
70
9

38
3 '%
40
•14

1896.
Blockof Print Olotht— Jan. 25.
At Providence, 64 squares. .170,000
At Fall River, 6 1 squares.. ..340,000
| At F a ll Elver, odd sizes....... .290,000
Total stooEspteoes)....... .806,000

id

T H E
D R Y
GO O DS
T R A D E .
N e w Y o r k . F r id a y . P, M., Jan uary 31, 1896.

1895.

Jan. 26.

1894.

1893.

Jan. 27. Jan. 28.

70,000
11,000
90,000

162,000
224,000
54,000

Hone.
None.
Hone.

171.000

440,000

None.

Foreign D ry Goods.—Specialty departments have again
! shown relatively best results in spring trade, the more staple
i lines in dress fabrics of all kinds, and linens, proving quiet
: throughout. Importation business continues restricted.
Im p o rta tio n a a n d W areh o u se W it h d ra w a ls o f D r y Goods
The importations and warehouse w ithdraw als of drygoods
: at this port for the week ending Jan. 39, 1893, and since
Jan uary 1, 1896, and for the corresponding periods of last
year are as follows:
j
j
j
j

There have been more buyers in Ihe m arket ib is week than
for some tim e past, but they have not brought about any
change in general conditions, spot business again proving slow
so far as new sales are concerned. The demand from the road
and from customers direct through the m ails has been m id crate. There has in fact been no relaxation of the spirit of
extreme conservatism noticeable for a einsiderable time p ist,
and actual requirements which are governing the demand <i >
not appear to have m aterially developed. There are m m y
inquiries noted from day to day for staple citto n goads, bnt
» few ol these develop into transactions of moment that t!i»*y
appear to be prompted more by cu riosity than definite pur- ,
pose. Although sellers ar< unstable in face of an a e tu il
buyer prices can hardly be quoted 1 >wer than a week ago, at
there is no active pressure to move stocks of any de­
scription of staple lines, most of which are already down to a
low -selling basis in comparison with cost of production. In
other cotton goods the market has been du ll and unchanged.
The woolen goods business s tiii falls short of expectations,
few transactions of volum e being reported. The fiaancial
situation is the oppressive factor, but soma amelioration of j
this is l *>ked for after next week.
W o o le n G o o d s .—S >me agents have rep W ed fair results!
during the week in tt»> way of moderate sales, there having |
t*en a considerable n u m b ir of Western am i other buyers in
the mark"'. Fin e grades of fannies have h id relatively the
most attention, « spies and low and m edium -priced fancies |
proving generally d u ll. L ittle iqHaen*e if any is n o * ex r |
cised by tb" tariff situation, and sellers are easy to deal with
at quo'e t prices in a ll new lines of heavy weights, as web as
for balances of stocks of lig h t weights, for w inch ib tre has
been a quiet re-order demand. There has been no change in
the overcoatings or cloakings situation, the demand proving
indifferent throughout. Business in woolen and worsted dress j
goois h»s been moderate in the way of re-orders, with medium
and higher priced face,•* in best request. Flannels are qui­
etly steady Blanket- firm w ith some new season business
reported,
DOHKSTK' Oo t t - .n , loops,—.The exports of cotton goods |
from this port for the week ending January 27 were 6,131

THE CHRONICLE.

244

S t/t o

mb

I n vesto rs’ Su pplem en t

w ill

be

LXII.

Boston, Mass.— Bond Sale.—On Jan . 13, 1896, the c ity of
Boston, Mass,, sold §250,000 of 3 Q per cent bonds of the
rapid transit loan to Messrs. Le e /H ig g io so n & Co., of that
city. The securities ard dated Ja n . 1,18 9 8 , and w ill mature
Jan. 1, 1936.

C ity

TERMS OF SUBSCRIPTION.
The

[V ol,

fu rn is h e d

w ith ou t e x tr a charge to every a n n u a l su b scrib e r of the

C o m m e r c ia l a n d F i n a n c i a l C h r o n ic l e .

Buchanan, G a .— Bond Sale.—Th is town has sold $3,000 of 7
per cent public school bonds. The securities are dated J a n ­
u ary 1, 1896, and the principal w ill m ature at the rate of $300
yearly, beginning Ja n u a ry 1, 1906.

Buffalo, N. ¥.—Bond Sale.—On Ja n u a ry 30, 1896, the c ity
T h e S t a t e a n d C i t y S u p p l e m e n t will also be f u r ­
of Buffalo received two bids for 850,000 of 3J£ per cent regis­
n is h e d w ith ou t extra ch arge to e very su b scrib e r of the tered refunding bonds, both at 100*72 and accrued interest.
The securities are dated Jan uary 1, 1896, interest w ill be p ay­
C h r o n ic l e .
able sem i-annually on Ja n u a ry 1 and .July 1, at the office of
T h e S t r e e t R a i l w a y S u p p l e m e n t w ill lik e w ise the C ity Com ptroller or at the G a lla tin N ational B an k of New
be fu rn is h e d w ith o u t e x tr a ch arge to every su b scrib e r Y o rk , ar d the principal w ill mature Ja n u a ry 1, 1916. No
award was made but the matter w ill be decided in a few
o f th e C h r o n i c l e .
days. The last sale of Buffalo %% per cent 20-year bonds
out 26 bidders, and the securities were sold to Joseph
T h e Q u o t a t i o n S u p p l e m e n t , issued m o n th ly , w ill called
E . G a vin at 103'09.
The bonded debt of Buffalo on the first day of Ja n u a ry,
also be fu rn is h e d w ith o u t e x tr a ch arge to e v e ry su b ­
1896, less bonds held by the city in sin k io g funds is $11,9 72,scrib e r of the C h r o n i c l e .
849*62. The assessed valuation of the taxable real estate of
TERM S for the C h r o n i c l e with the four Supple­ the city, by the rolls of the year 1895, is 8220,034,300.
Calhoun County, T e xa s—Bonds A pproved. —A loan of
ments above named are Ten ollars within the United
$14,000 for Jail purposes has been approved by the A t o rn eyStates a n d Twelve Dollars in Europe, which in both General.
cases includes postage.
Camden, N, .1.—Bond Offering.-—Proposals w ill be received

u n til 8 p. m. on February 24 by H . G. Sharp, C hairm an of the
Finance Committee of the c ity of Camden, for $75,000 of 3Jtj

T e r n s of A d v e rtis in g —(P e r in c h space.)

$3 50 Tnr Months (13 times)..$25 OO per cent public p ark bonds. The securities w ill be dated
One time . . .
(26 times).. 43 00
11 00 Six onths
One Month
(4 tames)
Two Months . (8 times) - 18 00 Twelve Months (52 times).. 58 00 Ja n u a ry 1,18 9 6: interest w ill be payable sem i-ann u ally on
(The above terms for one month and upward are for standing cards. Jan uary 1 and Ju lv 1, and the p rincip al w ill mature D ecem ­

ber 31, 1920.

'* lie p u r p o s e o f tills S ta te a n d C ity D e p a r t m e n t
fa to furnish our subscribers w ith a weekly addition to and
continuation of the S t a t e a n d C i t y S u p p l e m e n t . In other
words, w ith the new facts we shall give, the amplifications
and corrections we shall publish, and the m unicipal laws we
shall analyze in the “ State and C ity Departm ent,” we expect
to bring down w eekly the inform ation contained in the
S t a t e a n d C i t y S u p p l e m e n t to as near the current date as
possible. Hence every Subscriber w ill at a ll times possess a
complete and fresh cyclopaedia of inform ation respecting
M unicipal Debts.
Indebtedness of M u n ic ip a litie s in M assachusetts.—The
State Tax Commissioner of Massachusetts has submitted to
the Legislature his report for the year ending December 81,
1895. Th is document shows that the gross interest-bearing
debt of a ll m unicipalities of the State was §188,508,918 on
M ay 1, 1895, at an average interest rate of 4 per cent. The
amount raised by taxation for interest alone in 1895 was
$5,460,156. The aggregate net debt of the m unicipalities of
the State for 1894 was 887,736,918, and for 1895 $98,511,930,
showing an increase of $10,725,002.
The follow ing table shows the aggregate assessed valuation
as returned by the local assessors, the aggregate net debt of
a ll the m unicipalities of the State, and the percentage of the
same, for the years indicated ;
Year.

18941893..
1 8 9 21891—
18901885..
1880..
18751871—,

— -------A g g r e g a t e -----------V a lu a tio n .
N et D eb t.

82,471,521,505
2,428,339,029
2.333,025,090
2,245,042,273
2,154,134,620
1,782,349,143
1,584,756,802
1,840,792,728
1,497,351,686

$87,786,918
80,125,652
76,483,323
73,066,600
70.742.7^6
63,306,213
68,512,920
71,784,006
39,421,298

Percentage.
‘035
•032
•032
•032
032
■035
•043
•038
*026

The City Treasurer’s official advertisement o f this bond sale
will be found elsewhere in this Department.

Chicago Sanitary District, 111.—B ond Offering.—Proposals
w ill be received u ntil 12 M. on Feb ru ary 10th by Jam es Red­
d ick, C lerk of the S an ita ry D istrict of Chicago, for the pur­
chase of
per cent bonds to the am ount of $900,000. The
loan w ill mature at the rate of $45,000 y e a rly from Ja n u a ry
1, 1897, to Jan uary 1,1 9 1 6 , both inclusive, and interest w ill
be payable sem i-annually in Chicago on the 1st of Ja n u a ry
and Ju ly . The bonds w ill be sold in lots of $25,000 and m u l­
tiples of that sum, and each purchaser w ill be required to
take a pro rata share of short-tim e and long-tim e bonds.
The Sanitary D istrict of Chicago was re g u larly organized
in 1889 under an act of the Legislature of the State of Illin o is
entitled an act “to create sanitary districts and to remove
obstructions in the Desplaines and Illin o is riv e rs,” and it has
for its object the p roviding of an adequate sanitary system and
keeping Lake M ichigan free from sewage. Soon after the
organization of this d istrict the act of the Legislature was
fu lly reviewed and declared constitutional on June 12, 1890,
by the Supreme Court of Illin o is in two cases, and the power
of the. Board of Trustees to le v y taxes, make special assess­
ments, borrow money, and issue bonds, and provide for the
payments of the same, under the provisions of and in accord­
ance w ith said act, was, after an exhaustive discussion, sus' aimed in every particular. The S an ita ry D istrict as thus
organized includes a ll the city of Chicago except a ve ry sm all
part south of Eighty-seventh Street and the greater part of
the towns of Lyo n s and Cicero, w ith a population in 1894 of
1,750,000 approxim ately.
The present net bonded indebtedness of the d istrict is $ 1 1 ,050,000, the sum of $950,000 of the original issues h av in g been
paid. The tax levy yields about $3,600,000 ye a rly on a v alu a ­
tion of over $240,000,000. The expenditures of the d istrict to
date, inclu d in g construction and righ t-o f-w ay lands, aggre­
gate about $19,000,000, the total cost of the work being set at
$28,000,000.

B o n d P r o p o s a l s a n d N e g o t ia t io n s . —'We have re­
ceived through the week the follow ing notices of bonds
recently negotiated and bonds offered and to be offered for
The new bond issue is advertised elsewhere in this D epart­
•ale.
ment.
A tla n tic C ity , N. J .—Bond Offering . —Proposals w ill be
C lin to n County, Mo.—Bond Sales.— This county has sold
received until 6 o’clock February 10, 1898, by F ra n k lin P $15,000 of 5 per cent court house and ja il bonds, dated Jan . 2,
Stov, Mayor, for the purchase of $175,000 of 4J^per cent gold 1896, and to mature Jan. 2, 1906, w ith option of c a ll after
bearing coupon water bonds. Interest w ill be payable sem i­ Jan. 2, 1901. The total debt of Clinton County is $65,000, and
annually in March and September and the principal w ill its assessed valuation $7,000,016; estimated real value, $18 ,mature m thirty years, the bonds to be free from taxation. 000,000.
The city s debt, exclusive of this issue, is about $875,000 and
D ickso n County, M ich.—Bond E lection — The citizens of
its assessed valuation is about 818,000,000. The permanent
population, according to local figures, is 20,000, increased in this county w ill vote March 2 on issuing $39,000 of court­
house bonds.
summer months to 150,000.
D u b lin , 6 a .—Bond Offemmg.—Proposal-: w ill be received
B olton, Texas. Bonds Authorized .—Th is m u nicip ality
u n til Feb ru ary 20, 1896, by A lb ert R A rnon, C ity C lerk, for
w ill issue school bonds to the amount of $6,000.
the purchase of $25,000 of 6 per cent w ater-works bonds.
Bingham ton, N. V. -Bonds Proposed.—Bingham ton h;
Interest w ill be payable sem i-annually at the Hanover N a­
voted, to raise $5,000 to equip the city hospital. Bonds wi
tional B an k in New Y o rk C ity , and the principal w ill mature
probably be issued for that amount.
thirty years from date of issue.

FKBKUAitr 1, 1890,]

THE CHRONICLE.

FJkto n , aid.—Bonds N ot A p p ro v e d .— X committee ap­
pointed for the purpose of devising some means by which
the streets and pavements of the town could be permanently
improved and a sewerage system constructed has reported
that they do not deem it advisable to bond the to v n for $20, 000 as has been prop sed.
F a irf ie ld , N ib .—B o n d Issu e.- X vote w ill probably be
taken at the next election on issuing bonds fo r water-works.
Fayette, Wo.—Bond* D efeated.—X v ote taken Ja n . 27 on
issuing $5,000 of electric-light bonds resulted in the defeat of
(be proposition.
Goshen, N. Y .— Bond Offering. -C h a r le s G . E llio tt, V illa g e
Treasurer, w ill sell at auction on February 18, 1896, at 13
o’clock. $10,000 of sin kin g fund water- work*extension b inds.
The securities bear interest at- the rate of 4 per cent, payable
a n n u ally on J u ly 1, and become due at the rate of $1,000 each
year in 1898, 1899, 1900. 1903, 1903, 1904, 1908, 1907, 1908 and
1909.
G reat F a lls , Mout .—Bonds Proposed— Funding bonds of
this city are under consideration.
H reerm ieh , O hio,—Bonds A u th o riz ed .— X vote taken Jan.
20 on issuing $18,000 of water-works and electric-light bonds
resulted in favor of the proposition.
llo p k in to n , Ma-w. —Botul Sale. — Four per cent water­
works bonds of this town to the amount of $13,000 have been
sold to Messrs. Brewster, Cobb & Eatabroofc at 102-33. Tiie
loan w ill mature in 20 years.
Je rsey C ity , N. J .—Bond Sale .—Jersey C ity has sold
$100,000 of 4 percentcity h all bonds to th e S io kin g Fund Com ­
missioners at oar and accrued interest. The securities are dated
February 1, 1898, interest w ill be payable sem i-annually on
Feb. 1 and A ug. 1. and the principal w ill mature at the rate
of $10,000 ye a rly from Feb. 1, 1897, to Feb. 1, 1908.
Lin co ln . Neb.—Bond Sale—I t is reported that this city has
sold $347,500 of ref unding gold bonds at par and accrued in ­
terest. The securities run 20 years.
L o ra in O hio .— B ow l Sale .—The city of Lo rain. Ohio, has
sold $25 ,000 of 5 per cent rive r improvement bonds to Messrs.
Spitzer & Co., of B kcoo . The securides are dated Sept. 15,
1894, and w ill run for an average term of 31 years. The
bonds are dated back fo conform to a previous issue.
M artin ’s F e r r y , O lio —B n *!• A ulhorit t —This town w ill
issue bonds to the atnouat of $9,0o0.
Monroe County, X ¥ —Bond Sale. —On J a n u ir y 18, 1898,
tb% county sold $300,000 of $j| per cent b inds as follows:
SUOOJWC to th« Ri> li««',*r *»*■ !«* Bsufc .......................... ...a t 100 i
.10,000to !ttn Mourn*.0>. SaTliiK-i B a n k ....... ............. .
at par
1 0 0 ,0 0 0 to J. W. Sherrill, of fNmgfckenMle ................fo r .8100,00,5
50,0«0 m Wham X Schtr.-tuger, of New York............for *50,001-50

The securities w ill be dated Feb. 1,1898, Interest w ill ba
payable sem i-annually on Feb. 1 and A ug, t at the ottiie of
the County Treasurer or at the A m erican Exchange N ational
Bank of New Y o rk C ity , and the principal w ill mature at the
rate of $30,000 vearly from Feb. 1, 1914, to Feb. 1, 1919. The
present debt, of the county is $725,000; assessed valuation,
real, $134,772,083; unseated valuation, personal, $7,010,740;
State and county tax fate 'per $1,000) for 1895 was $5-39, and
the population, according to the State census of 1892, was
200,050.
New Britain, C«nn.— Bond S a le. —It is reported that on
Jan uary 29, 1886, this city sold $20,000 of 4 per cent 15 30 year
sireet bonds to Messrs, l i L D ay & Co. at 101-789. The securit iis are dated A ug. 1, 1895,
Newport, Y't.— Loan Authorized .—A loan of $8,500 lias bee n
voted for water-works purposes.
Newton, Mas*.— Bond Sale —0 s Ja n u a ry 28, 1890, the city
of Newton, Mass., sold $2<X>,000 of 4 per cent street im prove­
ment bonds to Edw ard II. W hitm an at 107 471 an 1 accrued
interest. The securities are to ru a for 43 years. E ig h t bids were
received for the loan as follows s
107-171
Edward II. Whitman .
.108 813
E- H. RnUlo* A Son ...
lOV .08
K. L. Day A C o ..........
.108Ot2
Blake firo-.. A Co.......
C. 8. PnrmtoB.............

10.3 *19

103 .12
Lampreeiit Bros, Co, .
.101-30
Ttecht Bfo*. A Co .....
02 a t
Blodget, Merritt A O .
New Y o rk State .—Bond News.— V ie have previously re­
ported the sale of State canal bonds to the amount of ■¥1,770,000 on Ja n u a ry 9th. State Com ptroller Roberts has m ce re­
ceived an offer from the New Y o rk Life Insurance Company
to take the rt undoing $230,000 of the loan at the average
price paid for the bonds already awarded, but he has found
that he must again advertise for bids before another award
can be made. The securities are 3 per cent registered bonds,
dated Ja n u a ry 1 , 1898, and m aturing January 1, 1900. Both
principal and interest (semi-annual) w ill be payable in gold,
Norwood, OM >—Bow ls A u th oriz'd .—It is reported that
bonds of Norwood to the amount of $39,000 w ill b * issued.
P lt D lle ld , .Moss,— Bonds Proposed.— Xn issue of $200,000
of additional water supply bonds, instead of $100,000, has
been proposed by the Mayor.
P la tw b n r r, N . Y .— Bowls Proposed .—A n ordinance w ill
be subm ittrd to the Legislature providing for authority to
issue $50,000 of paving bonds,
R id le y B a rk , F a ,— Bond Offering,—Proposals w ill be re­
ceived u n til 13 o’clock Feb, t i , 1898, by Fran k D. Kane, C lerk

245

of Borough Council, for the purchase of $15,000 of 4 per
cent bonds. The securities w ill m ature March 31, 1926, and
w ill be free from State tax. R ip le y , O hio.—Bonds Proposed. —Th is m unicipality has
petitioned the Legislature for authority to issue $40,000 of
water-works bonds.
R o ckb rid ge County, V a »—Bond Election. —A vote w ill be
taken on issuing $30,000 of court-house boads.
St. Lo u is County, M in n .—Bond E lection .—The people o
this county w ill vote M arch 10 on issuing $100,000 of road
bonds.
Salem , ffre .—B ow l Election .— A n election w ill be held on
Feoruary 10, 1896. to vote on the ques-.i an of issuing park and
cemetery bonds for $ i 5,000.
S a iin a , h a us. —Bond E lectio n . — A vote w ill probably be
taken on issuing bonds for water-works.
S an L u is Obispo, C a l.—Litigation. —No bids were re ­
ceived on Jan. 6 for the $90,000 of water bonds and the $34,500 of sewer bonds offered for sale. The San L u is Obispo
W ater Co. has secured an inju n ctio n restraining the issuance
of the water bonds, and neither loan w ill be negotiated u n til
the lawsuits are settled. The securities, i f issued, are to bear
interest at the rate of 5 per cent, payable yearly. The p rin ci­
pal w ill be retired at the rate of one-fortieth yearly, and both
principal and interest w ill be payable in gold.
S haron , P a .—Bonds Proposed. —A vote w ill probably be
taken soon on issuing bonds for sewers.
Sheldon 111. —B on th A u th orized .—W ater-w orks bonds of
this m u n icip ality w ill be issued.
S ilv e r C ity , N. ML— Vote to Repudiate,—The Town Coun­
cil of S ilver C ity . N. M., has voted to repudiate the entire
bonded debt of the town.
Texarkana, A rk .— B on d s A u th oriz ed .— Bonds ofithis m u nic­
ip a lly to the amount of $15,000 have been voted by the
Council,
T k o m a s v ilie , G a .—Bonds Authorized. —C ity Treasurer
James F. Evans reports to the C h r o n ic l e that on Ja n . 31 the
people voted by over a two-thirds m ajo rity t > issue $35,000 of
water-works bonds. The issue w ill be floated as soon as plans
are matured.
T it ns County, T e x .—B on d S ale. —Titus County has sold
$25,000 of 6 per cent court-house bonds at 103.
T ro v , N. Y .—Bond Sale . —On Jan. 27 this city sold $10,000
of 3>g oer cent water-works bonds to the Tro y Savings Bank
at 100-82 for the seven-year loan and 100-91 for the elevenyear loan. The securities w ill ba dated Feb. 1. 1896, interest
w ill be payable sem i-annually on Feb. 1 and A ug. 1 at the
office of the C ity Cham berlain in Troy and $5,000 of the
principal w ill mature Feb. I, 1903, and $5,000 on Feb. 1 , 1907.
Tneson, A rl/, —Bonds P io p o sed . —W ater and sewer bonds
of Tucson to th ; amount of $100,00!) have been propose!.
V ir g in ia — Bond News .—Holders of V ir g in ia bonds not
funded under acts of Feo ruary 11, 1883, or February 2 ), 1892,
are authorized by an act approved by the General Assem bly
of V irg in ia on Ja n u a ry 23, 1896, to fund them on the same
terms and at the same rates as provided in the act of Feb­
ru a ry 20, 1893, if presented at the office of the Commissioners
of the S in k in g Fund prior to A p ril 1, 1896. The act also a l­
lows the Commissioners of the S in k in g Fund to make one ex­
tension beyond A p ril 1, but not bsyond Dseember 31, 1896.
Bonds issued after A p ril 1 w ill carry interest only from the
sem i-annual period next preceding the date of funding.
The official notice will be fou n d among the advertisements
elsewhere in this Department.

W ashington County, Me.—Bond Offering .—Proposals w ill
be received u ntil February 12, 1896, at 2 o’clock, by A u stin
H arris, County Treasurer, for the purchase of $25,000 of 4 per
per cent coupon bonds. Th is issue is in part payment of a
subscription made by the county to the preferred stock of the
W ashington County R ailroad Com pany, the amount of the
subscription being $500,000. The securities w ill be dated
Jan uary 1, 1896, interest w ill be payable sem i-annually, and
the principal w ill mature in 20 years, both p rincip al and in ­
terest to be payable at the Boylston N ational B an k, Boston,
Mass. The bonds w ill be delivered some time in February,
at the pleasure of the County Commissioners, and shall bear
interest from d ite of such delivery.
The county's debt is at present $12,000. Its assessed valua­
tion for 1895 was 313,000,000. The population according to
local figures is 48,000.
W llk in s b u rg , Pa,—S a n d O ffering.— Proposals w ill be reeieved until February 8,1896, ac 12 o'clock, by A rth u r Stuart,
Chairm an of Finance Committee, for the purchase of $50,000
of borough street bonds. The securities w ill bear interest at
the rate of 41^ per cent, payable sem i-annually, and w ill run
from o d p to nineteen years.
Worcester. Mass.—Bond Sale.— The city of Worcester has
sold $75,000 of 4 tier cent registered bonds of the funded city
loan to Messrs Blodget, Merritt Sc Oo. of B jsfcon at 108*o9
ami accrued interest, l1he securities are dated January 29,
1808, interest w ill be payable se m ia n n u ally on A pril l and
October l, add the principal w ill {nature Vpril 1, 1905. Seven
bids were received for the loan ranging from 101*60 to 10o’o9.

THE CHRONICLE.

246

rVou LX1I.
T a x ’ a le .

Yonkers, N. Y.— B on d S a le — It is reported that this city has
sold $135,000 of bonds to the Yonkers Savings Bank for
$185,300, One hundred and ten thousand dollars of the
amount, $23,000 maturing February 1, 1897, and. $83,000 in
1898 are issued for assessment purposes, and $25,000 maturing
February 1, 1899, are redemption bonds. The securities all
bear interest at the rate of 4 per cent.
York, Pa.— Bonds A u th o r iz e d — A loan of $55,000 has been
authorized for deficiency purposes.

T o ta l B o n d e d

T ears.
T a x V a lu a tio n ,
p e r $1,000.
D e b t.
1895.............................................$135,884,286
$ 2 16 0
$7,565,000
1894........................................... 134,478,572
20 92
7,465,000
18 93............................................ 140,624,490
2 13 0
7,515,000
18 92........................................... 139,984,926
23 00
7,462,000
18 9 1........................................... 138,444,562
23 10
7,540,500
1890........................................... 136,944,372
19 30
7,080,500
18 89............................................ 12 7,10 1,8 6 1
2 14 0
6,486,500
18 88........................................... 126,139,886
19 20
4,824,500
18 8 5 ........................................... 77,468,267
19 60
2,461,000
............
18 8 2 ........................................... 40,702,044
19 50
18 7 9 ........................................... 23,415,733
14 50
1,101,000
The tax rate in 1895 included city tax, $ 12 45; State tax, $2 9 5 ;
county tax $2 20 and school tax $4 00. The total tax levy of 1895
was $2,957,000, of which $278,000 was for interest on debt and
$135,000 for sinking fund.
S T A T E A N D C IT Y D E B T C H A N G E S.
P O P U L A T IO N .—In 1895 population was 192,833; in 1890 it was
We subjoin reports as to municipal debts received since 164,738; in 1880 it was 46,887; in 1870 it was 13.066.

the last publication of our S tate and Cit y Supplement .
Pensacola, Fla.—The following statement has been re­
Some of these reports are wholly new and others cover item 0
vised and corrected by mpans of an official rep irt from City
of information additional to those given in the S upplement
and of interest to investors!

Minneapolis, Minn.—Robert Pratt, Mayor. The following
has been corrected to date by means of a special report from
City Comptroller Wallace G. Nye.
Minneapolis is situated in Hennepin County.
LOANS—

WhenDue.

B r id g e B onds —
8s, M&N, $50,000.May 1, 1905
4ias, A&O, 76,000-Apr. 1, 19 12
Subject to call after April, 1902
4s, J& J, $ 110 ,000.July 1, 19 15
4s, F&A, 390,000.Feb. 15, 19 17
4s. M&S, 30,000. Mar. 15, 1919
C it y H a l l , etc.—
4L)S, J& J, $250,000.. .July 1, 19 17
4ioS, J& J, 250,000.--Ju ly 1, 1921
4>as, J& J. -.50,000...Jan . 1, 1922
4s, J& J, 200,000...Jan. 1, 1920
C it y H o s f it a l —
4s, J& J, $25,000...Ju ly 1, 1922
4s, J & J , 75 ,000.. July 1, 1923
F ir e D epa rtm en t —
4s, J& D , $15,000....June 13, 1920
G e n e r a l p u rp o ses —
7s, J& J, $20,000.......July 1, 1902
L ib r a r y F und 4128, J&D, $60,000...Dec. 1, 19 15
48^ J&D, 40,000...Deo. 15, 1916
4133, J& J, $ 200,000. -Ju ly 1, 19 13
4I 3S, J& J, 100,000. .Jan. 1, 19 14
4123, J& J, 223.000..July 1, 19 14
4s, M&N, 100,000..May 1, 1919
4s, M&N, 65,000..Nov. 1, 1919
4s, A&O, 40,000 . Apr. 30, 1922
R a il r o a d A id B o n d s -

48,J& J, $20,000.... Jan. 1, 1924
7s, M&S, 31,000----- Sept.l, 1897
7s, M&N, 94,000....Nov. 15, 1907
7s, M&N, 12 5,0 0 0 ....Nov. 1, 1901
Schools —
6s, J& J, $40,000...Ju ly 1, 1899
4s, J& J, 80.000... Ju ly 1, 19 15
4s, A&O, 50,000... Oet, 15, 19 17
4s, M&N, 125,000. ..May 15, 1919
4a, A&O,
75,000...Oet. 15, 1919
4s, J& J,
50,000...Jan. 15, 1920
4s, J& J, 100,000 ..Ju ly 1, 1925

LOANS-

.

When Due.

S e w e r s — (Continued).—

48,
4s,
4s.

J& J. $90,000...Aug. 1, 19 18
M&N, 75,000...Nov. 1, 19 19
J& J, 50,000... Jan. 1, 19 2 1

P erm anent I m pro vem en ts—

412s, J& J, $40,000..July 1, 1908
4128, A&O, 165,000..Apr. 1, 19 12

Subject to call after Apr. 1, 1902
4^s, A&O, 134,000..Apr. 2, 19 13
4133, J& J,
45,000..Ju ly 2, 19 13
this, M&S, 75,000. .Mar. 15 ,19 14
4%s, M&N, 270,000..May 1, 19 15
4s, J& J, 35,000.. July 15 ,19 16
4s, A&O, 320,000..Apr. 1, 19 17
4s, F&A, 100,000.. Aug. 1 5 ,19 17
4s, J&D, 50,000..Dec. 1, 19 17
4s, M&S, 170,000..Mar. 15 ,19 19
4s, M&N, 125,000..May 15 ,19 19
4s, J&D, 100,000.. June20,1919
4s, J& J, 55,000.. Jan. 15,19 2 0
4s, J& J, 187,000..July 1, 1922
P erm . I m p. R ev. F und—

4128, J & J,$245,000.. .July 1, 19 2 1
4s, A&O, 150,000.... Apr. 1, 19 17
4s, F&A, 15 5 ,0 0 0 ....Aug. 1, 19 18
4s, J&D, 50,000__ Dee. 1 5 ,19 18
4s, F& A, 100,000__ Feb. 1. 19 19
4s, M&N, 50,000....May 15 ,19 19
4s, J& J, 50,000... .Jan. 15 ,19 2 0
4s, J& J, 200,000....Nov. 1. 1920
R e s e r v o ir B on d s-

48.......

$200,000............... 1925
etc. 4b!S, M&S, $100,000.Mar. 1 5 ,1 9 1 4
V ia d u c t s ,

W aterw orks—

8s, F&A, $60,000...Feb. 2, 1899
8s, J& J, 25,000... July 1, 1900
7s, J& J, 40,000... July 1, 1902
4L>3,J&J, 280,000...July 2, 19 13
4*23, A&O, 12 5,000...Apr. 1, 19 12
Subject to call after Apr. 1, ■ 1902
4bjs, M&N, 30,000...May 1, 19 15
T
>C
J_
4s, J& J, 120,000... July 1 5 ,19 16
88, J& J, $ 15,0 0 0 ...July 1, 1900 4s, A&O,330,000...Apr. 1, 19 17
7s, J& J, 25,000... July 1, 1896 4s, F&A, 170,000... Aug. 1, 1918
7s, J& J, 25,000... July 1, 1902 4s, J& J, 50,000. ..Jan. 15 ,19 2 0
4^8, J& J, 50,000...July 1, 1906

PAR V A L U E O F B O N D S.—& few of the older bonds are of denomi"
nations other than $1,000. A ll late Issues however (i. e. all hearing
lesB than 5 per cent interest) are for $1,000 each.
T O T A L D E B T , S IN K IN G F U N D S, E T C —Tliesubjoined statement
shows the city’s total municipal debt, the sinking fund, and the water
debt, on the dates mentioned:
Jan. 1 , ’96. J a n .1 , ’95. .Tan. 1 , ’94. J a n .1,’93.
Bonded debt.............. $7,565,000 $7,465,000 $7,515,000 $7,462,000
Sinking funds............. 1,2 11,52 6
1,006,301
877,427
684,500
Net debt................$6,353,474 $6,458,699 $6,637,573 $6,777,500
Water debt (lncl.)...... $1,230,000 $1,230,000 $1,230,000 $1,230,000

SINKING FU N D .—I t is provided by the city’s charter that in addi­
tion to raising a tax sufficient to pay the interest on all its bonds the
olty shall levy a tax of one mill on oaeh dollar of the assessed valuation
to provide for the principal of the bonds when due. The maintenance
of this sinkiug fund for the payment of the principal of the bonds is “ de
olared to be part of the contract with the holder of any bonds of the
olty that may hereafter bo issued and shall be kept inviolate.” In ac­
cordance with this provision there was raised by taxation for the sink­
ing fund in 1895 $16 7 ,173 80. The sinking fund is invested in eity of
Minneapolis 4,
and 5 per oent bonds.
BO N D L IM IT .—The city of Minneapolis is restricted in all legisla­
tive acts authorizing the issue and sale of bonds, and is required to
keep within the following lim it: From the total issue of all eity bonds
shall be deducted the total amount of funds and securities in the sink­
ing fund, and this balance shall not oxoeed 5 per cent of the aggregate
value cf the taxable property of the eity as assessed and determined
for tho purpose of taxation.
W A T E R R E C E IP T S .—The receipts from water in 1895 were $ 2 15 ,•000; current exponsos for water works, $99,000.
V A L U A T IO N AND IN D E B T E D N E S S .-T h e city’s assessed valua­
tion (property being assessed about "a 0f its actual value) tax rate and
bonded debt bave been as follows:

Comptioiler George T. Morgan.
This citv is in E-eamnia Countv.
LOANS—
When Due. Tax valuation 18 95.. ..$3,200,000
Co m p r o m is e B o n d s —

*5s, M&N, $248,400... May 1 , 1 9 1 1
Bonded debt Doe. 1 ,'95..$248,400
Floating debt.................... 44,455
Total debt Deo. 1, 18 95.. 292,855
Sinking funds....................
4,400

Assessment about hi aotual value.
Tax valuation 18 93__ $2,303,400
Tax rate (per $1,000) 18 9 5.$3 5-50
Population in 1890 was__ 11,7 50
Population in 1880 w a s .... 6,845
Population in 1895 (ost.)...15,000

* After Nov. 1 ,1 9 0 1 , the bonds of this city bear 6 per cent Interest
and the city has no option to redeem them before 1 9 1 1 .

Albany, N. Y.—John Boyd Thacber, Mayor. The following
has been corrected to January 1, 1896, by means of a special
report to the C h r o n i c l e from Charles H. Bissikummer,
Deputy City Chamberlain. W e also include in the table of
loans 130,000 of 4 per cent water bonds which were sold to
the Albany Savings Bank on January 14, 1896, at 105%,
Albany is in Albany County. In the statement of the city’s
total debt only the loans under the headings “ General Bonded
Debt” and “ Water Debt” are included.
LO A N S —
NAME AND PURPOSE-

G E N E R A L BO N D ED D EB T.
,— I n t c r e s t . ------------------ P r i n c i p a l . ---------------- R a te .

P a y a b le.

W h en D u e.

O u tsta n d ’ g.

BUILDING AND 8lT E BONDS I

M & N
May 1, 1904
$115,000
’96 to 1908 )
J & J $£ Jan.
$ 10,000 yearly, s 130,000
1 ’96 to 1 9 1 1 ?
Public build’g bonds. 1892 4
M & N - ( May
$5,000 yearly. 5 80,000
1892 4
M & N
do
do
May 1 , 1 9 1 2
165,000
1, ’05 to ’09 >
.1882 4
J & J 5( July
City H a ll....
$25,000 yearly. ( al25,000
.1882 4
b20,000
do do
J & J
July 1, 19 10
1896-1900 ?
M & S 51March
City improvement... .1870 7
$60,000 yearly 5 b298,000
1896-1909
)
Sewer (BeaverCr.).. .1889 3
M & s 5l $5,000
yearly, s $70,000
M & N
Aug. 1, 19 10
b$50.000
Washington P a rk ... .1870 7
do ... .18 7 1 7
M & N
b l 00,000
do
May 1, 1 9 1 1
do ... .1872 7
M& N
blOO.OOO
do
May 1, 19 12
do ... .1874 7
M & N
bl55,000
do
M aj 1, 19 14
do ... .1874 7
b49,000
M & N
May 1, 19 16
do
do ... .1875 6
M & N
b75,000
do
May 1, 19 15
do ... .1875 6
do
M & N
Nov. 1, 19 17
b37,000
do ... .1876 6
do
M & N
May 1, 19 18
b38,000
do . . . .1877 6
b 20,000
do
M & N
May 1, 19 19
do .. . .1878 5
M & N
b40,000
do
May 1, 1920
May, 1920-1930) 295,000
do . . . .1880 4
do
M & N 51abt.
$25,000 yr’ly $
do ... .18 8 1 4
M & N
do
a30,000
May 1, 19 2 1
do ... .18 8 ° 4
do
M & N
a28,000
May 1, 1922
do ... .1882 4
M& N
a24,000
do
Nov. 1, 1922
do ... .1885 4
F & A
do
a l 0,000
Feb. 1, 1925
5
Feb.
1,18
96-1909
)
Hawk St. Viaduct... .1889 312 F & A ( $5,000 yearly, s 70,000
e , 1896 1907)
Dudley Observatory. .1892 2
J & D lS J n$ n1,000
yearly, s 12,000
Washington Park— .1894 2
3,000
J & D
June 1, 1934
do ... .1895 4
do
M &N
7,000
May 1, 1922
^
June,
’96
to
19
14
,)
.1894 4
Beaver Park.
J & D l $18,000 yearly. £ 342,000
( Ju n e ,’96 to 19 14 ,)
.1895 4
do
do
j & J;
l $4,000 yearly. $ 80,000

.1874 7
P. O. site__
Public Market.......... .1888 4

a Interest payable in Albany, b Interest payable in New York at
the Merchant’s National Bank.
W ATER D EB T.
—Interest.— - z—
-Principal.
LOANSWhen
Rate. Payable.
O u tsta n d in g .
NAME AND PURPOSE
1 1874
Water............
F &
$100,000
Feb. 1, 1900
100,000
F &
do ............. p j 1874
Feb. 1, 19*'l
Feb. 1. 1902
F &
do ........... g.’S 1874
90.000
F &
Feb. 1, 1903
99.000
do ............. s’S 1874
Feb. 1, 1896
1876
50.000
F &
do ...........
F &
Feb. 1, 1906
100,000
do - ............ m^ 1876
Feb. 1, 1908
F &
50.000
do ........... g;g 1876
Feb. 1, 1909
50.000
F &
do
...... 2 a 1876
Feb. 1, 1 9 1 1
1877
F &
do ........... ri
50.000
Feb. 1, 19 12
F &
do ........... M 1877
50.000
Feb.
1
1898-1901
>
18 8 1 4
F& A
do ...........
$50,0*00 yeany. 5 200,000

<D
do ........... 3

1, 1896-1907 >
F & A - Feb.
$5,000 yearly. $ 60,000
Feb.
1, 1896-1908 )
4
F & A I $7,500
yearly. 5 97.500
June
1,
’96-1908
4 J & D - $17,500 yearly. )5 227,500
1,18 9 6 -19 15 ?
4 F & A ' Feb.
$7,000 yearly. 5 140.000
F&A
Feb. 1, 19 1 4 '
20,000
F&A
Feb. 1, 19 15
10,000
1, 1896-1907)
3 ^ M & N May
$ 10,000 yearly, $ 120.000
Feb. 1.18 9 6 -19 14 ?
312 E & A $2,500
due y ’rly. 5 47.500

1887 4

do ...........

g b 1888

do ...........

1888

do ........... « g 1895
d o ........... jr"
1896
do ........... M
a
1896
1888
do ...........
...18 9 4
do

THE CHRONICLE,

February 1, 1890 ]

S T R E E T IM PRO VEM EN T BONDS.
Principal and interest paid by holders of property henetittod.
•—c m st e r e s t . — , ------------- P r i n c i p a l . LOAN S-

NAME AND PURPOSE.
H a te ,
Madison Av, 2 ser— 1892 4
Quail Street........... ..1892 4
AUen St. 2 ser........ ..1S92 4
Pine Avenue.......... . .1S92 4
Madlaon A re .......... ..1892
Delaware A ve......... 1891
Woodland Ave....... ..1892
Montgomery St-----..1892 3b,
Maiden Lane.......... ..1893 :m
Orange St.............. ..1893 38,
Quae lie n bush St---- ..1893 :m
Grand St................. .1893
Dela ware A v. (2 aer. 1.1893 3%
Columbus S t ..........1894 4
Hawk St...................1894 4
Beaver St................ .1895 4
Daniel St.............. .. -1595 4
Quail St. 2 ser........ ..1895 4
Miseel, streets........ .1895 4

Due.
Nov., 1896
Nov., 1896
Nov., 1896
Nov., 1S96
1896
1896-1900
1896
1896
1896-1397
1596-1898
1896-1898
1996-1598

P a y a b le .

M&
MA
51 A
M&
M*
M cv
51 &
M &
51 &
M A
Mi
M &
51 A

N
N
N
N
X
N
N
N
X
N
N
N
N
51 & N
M& N
M& N
51 ie N

M* N

MA H

w h en

O u tsta n d ’ a .

$9,000
3,000
18,000
7,000
50,000
43,500
10,600
2,240
1,200
1,200
1,500
23,400
12,600
900
13,600
3,600
3,600
5,200
62,500

1896-1398
1896-1899
1896-1899
1896-1999
1896-1899
1396-1899

The total amount of street Improvement honds outstanding on Janu­
a ry 1,18 9 3 , was $343,265. Of this amount the sinking faud held

$301,295.

RAILROAD LOAN.

Payable by Delaware &Hudson Canal Co.:
.— Interest.— , ----------- P r i n c i p a l . ------------ LOANSSale. Payable.
When Due. Outsland’g,
NAME AND PURPOSE.
M AN
•1896-1897
$750,000
Albany A Susqueh'a B.R. 6
•$230,000 due In 1897, $300,000 due in 1896.
Les» cash and Interest-bearing securities held In sink. fund.

371,250

247

In addition to the total debt as stated above there is the railroad
loan for $750,000 issued to the Albany & Susctuehanna R R . Com­
pany and secured to the city by a first mortgage payable, principal
ana interest, by the Delaware &Hudson Canal Company, The street
improvement bonds are payable by special assessment on property
benefltted, and therefore they also are omitted In the statement of the
oity’s total debt.
A S S E S S E D V A L U A T IO N .—The city's assessed valuation and tax
rate at different periods have been as follows, property being assessed
at about its actual value.

■AssessedValuation.

Rate of Tam

Tears.
Seal.
Personal.
Total. per $1,000.
1S 9 5 ....................$58,549,720
$6,426,995
$64,976,715
$20-00
1894.................. 58,475,750
6,419,885
64,895,635
20-06
18 93.................. 64,623,630
6,565,790
71,189,470
20-00
1892.................. 64,717,210
6,455,135
71,172,345
18-00
18 9 1.................. 64,278,195
6,111,56 0
70,389,755
17-40
1890.................. 63,380,046
6,282,525
69,662,571
19 - 00
1889.................. 62,932,565
5,814,490
68,747,055
2000
5,726,110
1888.................. 61,987,445
67,713,555
21-60
18S7.................. 61,245,455
6,326,900
67,572,355
17 1886.................. 60,728,720
6,154,270
66,882,990
186,044,250
1885.................. 60,381,215
66,425,465
20- 60
1880................. 34,310,305
2,790,120
37,100,425
36-00
18 7 5 .................. 31,305,674
3,764,550
35,070,224
3518 70.................. 24,98 1,511
5,954,825
30,936,336
45-70
1865.................. 20,598,009
8,637,156
29,235,165
366,006,803
1860.................. 20,283,245
26,290,048
12-60
18 5 5 .................. 17,522,414
4,852,847
22,375,261
14 18 50..................
9,430,100
3,171,589
12,601,639
15 1846..................
7,793,340
3,449,098
11,241,438
13-20
P O P U L A T IO N .—In 1890 population was 93,313; in 1880 It was
90,758; in 1870 it was 69,422. The estimate for 1895 was 100,000.

$378,750
Net railroad debt Jan. 1 ,18 9 6 ..............................................
TOTAL D E B T , SINKING FUNDS, ETC.-Tbe subjoined statement

Oakland, Cal.—John L. Davie, Mayor,
The following
statement has been corrected b y means of a special report to
ohowg Albany's total genera! and water debt and the slaking fund
the CHRONICuE from City Auditor E. W. Snow.
held by the city against the same on each of the dates Indicated.
No provision having been made for the payment of $140,000
Jan.1,1896 Jan. 1.1805. Jan. 1,1894. Jan.1,1893.
General bonds..............#8,558,000 $2,582,000 $2,202,000 #3,822,000 outstanding “ Redemption bonds of 1883,” maturing by limit­
Water bond-............... 1,631,000
1,584,000 1,624,000 1.714,000
ation October 1, 1895, an election was held on September 39,
Total bonds............... *4,189,000 $4,160,000 $3,886,000 $-1,030,000 1891, when the question of the issue o f refunding bonds was
Sinking funds........... 1.077.290
907,570
997,936
843,135
submitted and defeated. The question was re-submitted at an
Net debt.....................* 3 ,111 ,7 10 $3,258,430 $2,888,064 *3,192,805
election held August 81, 1895, when th® re-issue was authorThe sinking funds are Invested mostly In the city's own bonds.

NEW

N E W LO AN S

LO AN S.

$ 7 5 ,0 0 0

$ 9 0 0 ,0 0 0
Sanitary District of Chicago C IT Y

OF C A M D E N , N . J,

4 *6 * B O N D S iJSAl*»f> PROPOSAL*. s u tM m m m t » t h e Board *>f
the Sanitary DWlrtct of €hfc*fro, and m i domed f
for P u m t m i m
will
b y th e Clerk o f *w*id Sanitary D istrict a t R oom H, fi$9.
Rialto Building. Chicago, 111, unit! If MU <Maiidard
iiae), m Monday* the Jfith day of February. JWOrt.
The bond#, for the par«ii«« of w&iefs m M folds* will
foe received,are the fifth C&lfo> and pnmmiX. lawmt-uf
nine hundred tbouMuid (fMXfoOQOf dollar* wot tl* of
bond* Of the Sanitary W d fid of Chicago, in denom­
ination* of one ti m u m M dollars (It .(**>) each, w it h
Interest at rate of four and one half (AHpercent)
per cent p e r annum, payable m m i annually on the
first days or July and January in each year, and the
prlnopal payable at the rate of forty five <.t4MQ0;
dollars, each yea" for twenty (2<» years next mcwe$but January t» iet*S~~-tfoc first payment to foe made
January », m
ffoiih prtoelfl*f and Interest taysble
at the office of ?he Treasurer of wild Sanitary DIjp
fcrtci at Chicago. HI.
Tfei* Issue t» In lieu of bond# of prior issues paid
and retired, and is within the limit of £ per cent on
the assessed valuation of taxable property within
the district ptwrifoed by law.
E m i t p r o p o m l m m % foe accompanied foy certified
or cash of an amount
to three tm per
■mttt of t h e amount of the fold, a if certified ebeeka
must be- drawn on. some respon-* Ifoie bank, and foe
made payable to *he order of the "Clerk of the
Sanitary District of Cblemp'v’ Skid amount of three
0} per cent of the amount of tfo®fold will foe held by
the Sanitary District until ah of m m proposals hmru
been ts t m r m n m and the folds have been awarded.
The bonds will foe sold In lots of twenty-five thou­
sand C|tl»,0W>* dollars and multiples of twenty-fly©
thousand fim t < m dollars, and. m m purchaser will
foe- r#fui.redpo take a pro rata share of sfoorf-tline and
JetMfofiffit fkuMJti. P>o fold* at less than par and aeerued Interest Uw bonds being dated February i,
and the first coupon on »ach foord being for
five *5) months' interest) will foe considered, and the
right Is reserved t o reject any mum all folds.
Thm m h l b o m is to be paid for and dfdlvered at the
~ t o f the Treasurer of said district.
Arraneexoeme may foe made with the said District
for the payment and delivery of said bonds
* * in
' tnstatmonts.
The p r m m i t net bonded indebted rrnas of the said
District is it l . W n / m - m O / m of the original ism m
bavlfog been paid. The present fax levy of the Dis­
trict yield* about 13,600.000 yearly, on an a-sessed
▼
jMnation of over
T i m expenditures of
t.foc Dlftiict to date, including coo,struct.!©® and.
right of way land*, now aggregate about ilfi.fXKtOOO
—the total cost, of the wort being set at $m ,0Q O ,000.
for further information apply to the Clerk of the
Sanitary District or the Chairman of the Committee
on Finance, Boom H, tiM , Rialto Building. Chicago.
Ililnoi*.
TflfB 44ANIT A n r DISTRICT OF CHICADO,
By FRANK W ENTER.
C h a ir m a n fM fm m iC m an Ci n a n c t.
B. A, ECKH A RT,

31

P u b lic Park B o n d s.

T ryst*** o f

P r* M m f H oard o f T r m U M ,

REDDICK,
C ftrk o f t-h*

M * t t m o f Chicago*

Chicago, fit, Jan. t% wm»

o m C B < K THKC1TT TBBASTRKIl.
I
(.TTY HALL. CAUPK.v, . j .. Jan. 27,
>
The Finance « onuufttee of the City Council of the
city of Camden wilt receive proposal* until eight
o’clock Monday evening, February 21, IfoOfl, for th©
purelu***- of ad or any part of seventy-five thousand
dollars three and one-half per cent " Public Park *.
bonds of the following denominations:
Seventy-five bonds of one thousand dollars each
payable December 32. S»20. hearing Interest from
January I, ifofof*, payable semi-annually on the first
days of January and July.
Bidder* shall enclose with each proposal a certified
cheek payable to the order of the City Treasurer of
th® -City of Camden, New Jersey, in the sum of ten
per centum of the amount of bonds fold t o r , as a
m m x w t t m to comply with the proposals if awarded
t h e bonds.
The Finance Committee reserve the
right to reject any or all bids.
Proposal a to he addressed to H. C. Sharp. Esq.
Chataouan Finance C om m ittee of the City of Camden.
Br order of Finance Committee. *

NEW

LO A N S ,

OFFICE OF TH E COMMISSIONERS OF THE )
SINKING FUND up VIRGINIA,
>
Ric BMox l>, Va.. Jnnuary 2 i , 1896. 1
T U B GENERAL ASSEMBL * OF VIRGINIA
1 luu paoaud an act, approved’ January 2Sd, au­
thorizing the holders of Virginia securities, not
funded under act of February U, 1883. or February
2d, 1892, to fund them on the same terms and at the
same rates as provided in the act of February 20,
1892; provided they are presented at this office prior
to April 1, i m .
The act- also allows the Commissioners of the Sink­
ing Fund to make one extension of time beyond
April 1st, but not beyond December 3», 1896.
Bonds issued after April 1st under this act carry
interest only from the semi-annual period next
preceding the date of funding.
For particulars, address
JOSIAI-I RYLAND, Ja.,
Second Auditor and President of Board,
Richmond, Va., U. S- A.

M U N IC IP A L

BONDS

FOR INVESTMENT.

G E O R G E G. FE DTON .

City Treasurer.

$ 4 0 0 , 0 0 0

C ITY

OF

PART I CD I, A Kri (Jfim APPLICATION.

BOSTON

R E G I S T E R E D 4s.

HiJMBEHS O F T Q S . M W

YO RK A N D BOSTON

STOCK M C H A N S B 8 .

D A T E D J A N . 1 , 1S 9 6 . D U E J A N . 1 , 1 9 1 6 .

D 8 A L B R 3 IN CO M M E R C IA L P A P B A .

Denom ination, 6 1 ,00 0 , or any multiple
thereof.
Those Bonds are partioulorly desirable for Trustees
and private Investors, a* the principal con be regis­
tered In name of bolder. The Interest is payable
January nnd July 1st of each year by cheek mailed
to registered holder by City Treasurer.
Legal Investment for New York and all New Eng­
land Savings banks.
Price and particulars on application.

E, H. R O L L IN S & S O N S ,
-33 S T A T E HT., B O STO N , M A SS.

Blake Brothers & C<fo,
STATE STREET, BOSTON,
S NASSAU STat NEW YORK,

2k me financially. Can control proflt!
business. Address “BOND MAN,” Chronicle.

60
40
60
20
90
70

THE

248

CHRONICLE.

[V ol . LXl'l.

Newburyport. Mass.—A, R. Curtis, Mayor. The following
statement of the debt, valuation and general financial con­
dition of New bury port has been corrected to date by means
of a special report to the Chronicle: from J. V. Felker, City
Treasurer.
This city is in Essex County. The city owns §71,661 stock
in the city railroad, and has the option of purchasing the
water-works, now in the hands of a private corporation.

zed. The bonds were immediately prepared, but were with­
drawn from sale, after being advertised, pending the decision
of the Supreme Court of the State of California iu a case aris­
ing in the City of Los Angeles, involving points of law relat­
i n g to the method of procedure adopted by the Council in
calling the election. The bonds maturing October 1, 1895,
have not been presented for payment. If presented, arrange­
ment has been made for loans aufftoiet t to meet them.
Oakland is the county seat of Alameda Count'*.

—In terest,— n /— ——-Principal.LOANSF: at. Payable.
When Due.
Outstand’q.
NAME AND PURPOSE.
Armory loan ........... . .1895 3% M& 8 $2,000 due yrTy.
$13,000
3A3 A & 0
Oct,. 5, 1896
3,000Bridge loan................
City bonds renewal. . 1887 4
F & A
Aug. 1, 1897
38,000
do
do
do
j & ,r
July 1, 1908
.1888 4
65,000
J & J
do
do
do ... .1891 4
July 1, 1911
90,000
A & O
do
do
do
4
Apr. 1, 1913
25,000
4
Demand.
B. & M. railroad,....... ...
71,661
4
M
&
S
Mar.
1,
1899
Notes
payable..
___
15,000TO T A L D E B T —The city’s total debt on November 1,1895, was
M & S
4
Sept. 1, 1919
100.000
Sewerage. .................
$644,000. The. Interest on the bonded debt for the year ending July
4.
28,468
4-4 . . . . . . .
Demand,
79,750
1, 1895, was $88,120. A special taxis levied Cor the redemption of i rust bonds..............
A
&
0
Oet.
5,
1896
Water
lo
a
n
..............
2,000
31
*
each issue of this city's bonds.
PAR VALUE coupon bonds are for $1,000 each.
CITY PROPERTY.—The following totals are taken from an inven­
INTEREST on all bonds is payable at tbe City Treasury or at the
tory of real estate belonging to the city o f Oakland, published in the First national Bank of Boston.
city Auditor's report for 1894-95 :
TO T A L DEBT, SINKING FUNDS, E r e - T h e subjoined statement
shows Newburyport's total debt and the sinking fund held by the city
Real estate belonging to School Department............................ $329,250
do
do
Fire Department................................
15,900 against tbe same on the first day of Januaryof eaehof thelast five years.
do
do
Public Parks............................., ------- 583,000
1896.
1895.
1894.
1893.
1892.
Land occupied by Wharf...............................................................
50,000 Total debt. — ...... $531,098 $532,409 $523,639 $495,865 $491,882
la n d for Pumping Station............................................................
1,000 Stnk’ g f ’ds, &c...... 152,143
134,943
134,849
117,111
100,570

LOAN%—

When Due. j

D e b t , 1 874—
P u k d k h h e ist B o s n s . 1 8 /2 —
I 8s, Q - J . $ 1 0 0 .0 0 0 --..J u n e 9, 1905
Subject,
to
cu ll a fte r A pr. 1 ,1 8 9 0
8s, O -J , $84,000___ Juno 18,1908 j
Subject to call after June 18,1893 | S c h o o l B o n o s , 1 89 2 —
5s, J& J, $ 8 4 0 ,0 0 0 — J u ly 1 5, 1896
($ 20 ,00 0 ilue y ’ r ly to J u ly 15, 1 912
funded

Total value of real estate belonging to c ity .......................$979,150

Net debt Jan. 1. $378,955 $397,466 $381,790 $378,754 $370,180
Water debt (tael.
above)..............
$2,000
$4,000
$6,000
$8,000
$10,000
Tbe staking funds amounted on January 1,1896, to $54,512; other
assets were $19,323 cash, $68,569 taxes due, $9,738 due from State
In past years the sinking fund received $5,000 per annum; com
menoing with 1890 it has received $11,000, a sum sufficient to retire
entire city debt at maturity.
ASSESSED VALUATION—The city’s assessed valuation and tax
rate have been as follows, real estate being assessed at “ about threefourths its actual value.”

ASSESSED VALUATION, —The assessed valuation and tax rate
(per $1,000) have been as follows for the years Indicated:
T ea rs.

V alu ation.

Tax R ate.

Y ears.

V alu ation.

Tax R ate.

1895.... ..$45,382,330. ... .$11-20 1889---. ... $35,843,979. .. .$10*00
1894.... .. 44,821.230. . . . 11*20 1887,... .. 32,096,250. .... 9-50
1893.... .. 44,481,343 ... 12-40 1885.... .... 29,217,050. . . . 9-80
. . . . 11-00 1883.. .. ..28,353,338. . . . . 7*80
1892...1891.... .. 42,261,531. .. . . 19-50 1881.. ... .-28,238,631. .. . 10-1 0
1890.... ... 39,453,392. .... 10-50
POPULATION in 1890 was 48,682; in 1880 it was 34,555.

N E W LOANS.
B O N D S .

N E W LOANS.
G O V E R N M E N T

N E W LOANS.
B O N D S .

a n d

Columbus, Ohio.....................
4Ks
Columbus, Ohio..,,------- -----------— 4s
M U N I C I P A L B O N D S
Youngstown, Ohio—
...... ............. .
Os
Pittsburg:, Pa., School............................4-h£s
B o u g h t and S old .
St. Paul, Jtlinn............... .— * .............
4 14»
S.. Paul, M inn....................
7s
Topeka, K an...... ..............
5 s
N. W . H A R R I S
So C O . ,
Denver, Uol........................................
6s
Tacoma, Wash................
Ss
BANKERS,
North Dakota..............
4s
BOSTON.
PHILADELPHIA.
Rapid Transit Ferry............
>5s CHICAGO.
Staten Island Ily.......... ....... .
.............. 4j^s 15 WALL HT'RRW,
AJKW VOKi*.
Hereford R y ............... .................. ........... <ts

Bond H ill, Ohio, W ater..
......... — .— 5s
Andystoxi, Ohio, School.......... ....................5s
Defiance* Ohio, Refunding. .......................5s
Logan, Ohio, Refunding.. — ...................... 5s
Terre fciaute. In-,, Refunding..................4s
Aurora, I - d., R efu n din g........... .........
5s
Jennings County, Ind., R oad ...... ..............5s
Astoria, Oregon, (Hold), W ater........ .
5s
Fort W orth, Texas,(Gold),W ater...... .,..5s
W aco,Texas, (Gold), St. Improvement— 5s
Corsicana, Texas, School and Sew er,..... 5s
Laurel, i>ld., Street Improvement..... .....5s
Charlevoix, Mich , Reiunding— . — . — 5s
Newport, JAy,, B ridge..:............... . ........4s
BOB SALB BY

Prices and full description furnished on applica­
tion.

R udolph

C. H. White & Co.,

M U N I C I P A L

BANKERS,

B O N D S .

Street, Wykes & Co.,
B O N D S .

44 WALL STREET,

m

CINCINNATI, O.

G O L D
3% Bonds, maturing- 1906.

Interest 7 Per Cent Net.

G O

L D

3% Bonds, maturing 1925.
Price and particulars upon application.

LEA3H

FARSOIM,

NO COMMISSIONS charged borrower or lender
until loans have proven good.

Devonshire Street,

G o.,

NEW YOHI- . MASSACHUSETTS STATE

MORTGAGE LOANS
E. C. Stanwood & Co.,
TEXAS.
BANKERS,
121

&

NEW 10KK STATE

72 B R O A D W A Y . M E W Y O R K .

M U N I C I P A L

K ieybolte
BANKERS,

& CO.,

2 W all St., New Y ork.

F R A N C IS S M I T H & C O ..

So. Omaha, Neb,, Refunding...................7s
Sheboygan, W is., Sewer............................ 6s
Sher an, Texas, Refunding..... . — ...— 6s
MUNICIPAL AND RAILROAD
Muscatine, Iow a., Improvement....... .....6s
Aurora, Ills., improvement................... ..6s
BONDS
And ail Local Securities Bought and Sold. Gibson City, Ills., W ater W orks...............6s
Hubbard, Ohio, Electric Eight...............5s
NEW YORK BROOKLYN AND JER Harvard, Neb., W ater W orks...,............6 s
SEY CITY B O NDS A SPECIALTY.
F O R SALE BY
SAN ANTONIO. TEXAS.

BOSTON.
CISTS SENT UPON APPLICATION.

W. N. Coler & Co.,

W.

B A .Y IiC R g .

%

MUNICIPAL BONDS
34 N A S S A U

STREET.

E.

R.

16 BROAD STREET.

SMITH,

NEW YORK

James N. Brown & Co.,

M A S O N , LEWIS & C O .,
31 State St.,
BOSTON,

BANKERS,
171 La Salle St.,
CHICAGO.

BANKERS,

6 2 Cedar Street,

-

-

NEW Y O R K

MUNICIPAL, COUNT F, SCHOOL AND
TOWNSHIP BONDS

BOUGHT

AND

SOLD.

WALSH

&

FLOYD

26 Broad Street,

S T O C K

BROKERS

ing unadjusted bonds, was $3,467,720. The bonds are all exempt from
city tax.
ASSESSED VALUATION—The city’ s assessed valuation and tax
rate at different periods have been as follow s;
■Assessed valuation.------- --------—I Rateof Tax
Total.
per $1,000*
Personal.
Tears.
Real.
$29*80
$16,463,300
1885.......................................
28*80
16,208,850
1894......................................
29*80
15.968,868
1893......................................
29*80
15,578,500
1892................
...........
29*80
! 1,763.686.
$1,635,036
1891
$13,1*28,650
29*80
14.076,269
1,495.344
1800................ 12,580,925
29*80
13,428,352
1,075.402
1889................ 12,052,930
12.240.745
*26*80
1,717.145
1887................ 11.529,tlOO
21*40
12,208,42*2
1,160,697
1880..........
10,741,725
The tax rate iu 1893 included State tax, $2*70; county tax, $5*20;
city tax, $*21*90 ; total. $29*80 per $1,000.
POPULATION—In 1895 was 43,765; in 1890 population was 37,7 6 4 ; in 1880 it was 28.229 : in 1870 it was 20.S32.

-Assessed Valuation, -------- Rate o f Tax

Personal,
Total.
per $1,000,
$2,020,450
«9 ,749,500
$16*o0
*2,700,677
9,756,077
15*70
2,7*25.328
9,705.52?
17*00
1893..................... 0,9*0.200
2,723,805
9,597,105
16*70
1892..................... 6,873,300
2,808,458
9,702,658
15-So
1891.................... 6,874,200
2,931,573
9,736,770
14*80
1890........................ 0,805,197
2.319.988
7.587,338
17*30
1896
...........- 5.267,350
2,415,148
7,417,698
18*60
1882........................ 5,002,550
Tax rate 111 139S bu-lwted State tax, $0-70 tper $1,000); oountytax,
$113 j city tax, $14*67; total, $16*50.
POPULATION—8 !:U8 census 1895 was 14,554; In 1390 population
Was 13,947 ; ui 1890 it was 13,538; in 1370 it was 12,595.
Years.
Real.
1895
..............fT ,129,050
iS!H........................ 7,055.100

Barfield C'»nnty, 0 . T .—The following statement has been
compiled from a report made by P.ML.K indalf. County Clerk.
debt Jan.. 1896..
$62,000
LOANS.
!,ue Total
Tax valuation 1895.... 1.379,330
Ft M IN., BOH'96s, A. Sc O.$30,000 . Apr. 25. 1916 Rea! valuation (about). 10,000.01«)
($3,000 duo \Hy) to Apr. 25, 1925 Tax rate >per *1,000)......... $10 00
Floating debt (about).. ¥32.000 Population in 1896 (abt.)...20,000
INTEREST on the funding bomls I* paid by Uie Chemical National
Bank of New York City.
Elizabeth, X. J.—John C. Rankin, Mayor. The following
ha« been corrected to date by means of a special report to the
C HRONICTE from one of the city officials.
This city got into financial difficulties through making ex­
tol siTO local improvements. Interest was defaulted Feb.
1. 1&70, and a compromise was finally effected with all the
principal bondholders, by which new 4 per cent bonds were
issatd in exchange for the old 7 per cent bonds turned in at
50 per cent of their face value, The holders o f the remain,
ing 117,500 of unadjusted bonds are unknown. Elizabeth is
in Union Countr.
LOANS-

Merest—

—

WSM* AMO PURPOSE.

A lM * » * ilt bond., 1**2

249

THE CHK01S I(JLE.

F e b r u a r y 1 , 1 80 6 . j

.. . .

When Dae. { Bond'd debt Jau. 1,1390. $161,090
Floating debt..................
*21.000
Total .lent Jan. t. 1896. 182,000
Subject to call after July 1.1901 Tax valuation 1895 . .. 1,994,738
Real valuation........5,084,000
FT MUNIS Bonds—
....... ..........._..............
2,1911 Tax rate (per $1,000)... $ n oo
6*.
.,$71,000...........Inly
CtTT lk * t.l, B O » t «

64 ......... $40,000...........July 1,1911

----------- TTineipal.---------- .

'Rate. 1’nrjnbl’
t

Bo Is3 City, Idaho.—Bond Offering. Proposals will be re­
ceived until 12 o’clock Feb. 10, 1896, by Arch. Cunningham.
City Clerk, for the purchase of $35,000 of coupon sidewalk
bonds, to bear interest at a rate not exceeding 7 per cent. The
securities will be dated April 1, 1896, and interest will be pay­
able annually, They will be of the denomination o f $500
;eacb and will mature at the rate o f one-seventh yearly, both
principal and interest to be payable in lawful money of the
United States at the office of the City Treasurer or at the
Fourth National Bank, New York, at the option of the holder,
A statement of the city's financial condition on Jan. 1.1896,
is as follow s;

Whe„ lho

Cfulttand'a.

J A J Jul, 1. 1922 $ 1 ,3 7 4 ,2 *

Old hand.*i»a<Uu*tod........... 7

....

School bond*.................................

19*2 10 1907

17,500

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

s u b je c t to c.1 ! A fter J u ly 2 .1 9 0 1

70.000

S kwi.bagk Brntn**

P o p u la tio n tu 1*90 w a s .... 2 ,3 1 1

I Population in 1880 w«*.

-1||0®

INTEREST t* paid by th. Mi rcuatllo Tru.i Company of N» w York.' i;
$50,000......... laly 1,1911 Popnlai n '95 dural census) ,,124
subject to call after July 1.1901 |
TOTAL DEBT, Etc. Tin* total bonded debt June 30, 1*93, includ­

NEW
WKMN&

LOANS.

MISCELLANEOUS.

MISCELLANEOUS.

SCHLESINGER

SECURE

BANK

j. Spencer Turner,

VAULTS.

J

1 SUCCESSOR f )

B r ln e k e r l i o i r , T u r n e r A: C o .,
MANUFACTURER AND DEALER IN

M U N I C I P A L

C O T T O N
B O N D S .

WELDED CHROME STEEL AND IRON
Hound and Flat Hem and

•t \VA 1,1. NTttKKT.

SKW F O R K .

W. J. Hayes & Sons,
RANKER A,

r t f Plate* and A n g le .

YOU HAFK-. VAtfl.TS. Ac.
Cut or Drilled, and poaltlvcly
Burglar.Proof.
C IIR O B K iT B K I , W O M B S ,
Kent Are.. Knap A Hooper 9t«..
s,.|e\laafer.lnlhei;.F. IlKOOK LYN, N. V.

Cannot he

Cleveland, Okie,
3 1 1 -3 1 3 Huperler m

ROBERTS BROS.,
INVESTMENT BANK K it-,
S p o k a n e , W a » li.
S ta te, C o u n t y , C ity , S c h o o l K o n d a ,
W a rra n t, and lo a n * ,
NETTING 5 TO * PER CENT.
L. si itongHTs.
w. H. Robert*
;co b r e sp o .nt»enck s o u c it k u
e n w e l l

&

E

v e r it t

Schcrmerhorn Building,

f k it in g d u ck .

CAR COVERING BASHING.

RAVENS DUCK, SAIL TWINE. At*.
POPE **AWNING” STRIPES.
All ENT
UNITED STATES BUNTING CO,
A fnli mtpplT. ail Widths ami Colors, alwayt r

L

S o le o w n e r s o f R o s i e r A C o r liss

,

YO RK & N E W

N ow R eady.

305

P a ten ts.
B r o a d w a y C o r , D u a n e S t .,
M ew Y o rk .

A N D R E W S

H A N D - B O O K

Railroad

O F F I C E

D E S K S .

OF

Securities,

ANDREWS MANUFACTURING CO.
Bank and Office Fitting*. Flirt lira- Wort. Special
designs on a;,plication.
SEND FOR CATAIXWE.

6 W A 1,1, ST, rlMued Semt-Annnallr or uie PnblUhera of ihe 7 0 F i n h

MUNICIPAL tSSBKSIS* THK STATUS OF

N E W

OOTTON c a n v a s

TH E
M OSEER
SAFE CO.
O p e r a t i n g t h e M o s l e r Ac C o r l l » «
S u re F a c t o r ie s .

(Mbit AMr,,,. •'KBt'tfWm."

B

D U C K

109 D u a n e S treet, N e w Y o r k

Dealers in MUNICIPAL B O N D S,
Street Hallway Bond*, and other high grade to
•48TON, MASS.,
-bange Plaee.

S A I L

AND Abb KINDS OF

QENUINE

CoMumtciai. A FiNANciai. Chbokicl*.!

A v e ., M e w

Y ork

C it y .

JERSEY

a s p e c ia l t y

FO R

DESCRIPTION,
INCOME,

SA LE .

PRICES,
DIVIDEND*,
FOR A SERIES OF TEARS.
S S P B ri.tr.

J jfa B

CHRONICLE VOLUMES.

( jr y v r .lt
A second-hand not from 1890 to date In good order.

f ) r t no_vicr,e firpPLEMJtXTH P rlceln Red h eath er Cover*.
Can be had at office for 65 cent* er
mnilcd for SO cent*.
WILLIAM B, DANA C O M P A N Y ,
7** Pine street. New Y ork

To Subscribers ol the Cbrunlcle,

SI 00

A P P L Y TO

73

WILLIAM If. DANA COMPANY,
WILLIAM

B. DANA COMPANY,

76hj F in e S tre e t,

.NEW Y O R K ,

7 6 k PINK ST

BET

SEYW O RK .

THE

250

CHRONICLE.

rvou

l x ii

gaukcvs anti jSvohcrs ©at of Urw
C H IC A G O .

PITTSBURG.

MISCELLANEOUS.

K. 0 .8 L A D U H T K R , M em ber N. T . Stock E x ch a n g e
WM. V. B A K H B , M em ber C bloago Stock H xoh an ge

Henry Sproul & Co.,

Ladd & Tilton,

A. O. Slaughter & Co.,

78

C H IC A G O , IL L S .
Oktcaco Secn rltlee Bought an d Hold.

Jamieson & Co.,
S T O C I i S — B O STDS,
erob ?rs New York
I S7

and

.S T R E E T ,

Chicago, Ills.
Prlvnte wire to New York and Philadelphia.

Loeb & Gatzert,
MORTGAGE BANKERS,
125 L A S A L L E S T R E E T , C H IC A G O .
First Mortgages for sale in large and small amounts
netting investors 5, 5^ and fl per cent secured by
Improved and income-bearing Chicago city property.
Prlncipul and Interest payable in Gold.
CORRESPONDENCE SOLICITED.

A, G. Becker & Co.,
(INOORtC&ATED!

C O M M ER C IAL

154

PAPER

La Salle St., Chicago,

PA.

MEMBERS op t h e

NEW YORK 8TOCK EXCHANGE,
PHILADELPHIA STOCK EXCHANGE,
PITTSBURG EXCHANGE (3 MEMBERS),
CHICAGO STOCK EXCHANGE,
CHICAGO BOARD OF TRADE.

N. Holmes & Sons,
BANKERS.

Chicago Stock Exchanges.

D E A itB O R N

AVENUE,

P IT T S B U R G ,

BANKERS,
I 1 3 - 1 1 T L A S A I jLK S T R E E T ,

FOURTH

P IT T S B U R G ,

CORRESPONDENTS
Bank of New York, N. B. A.
First National Bank of Philadelphia
P IT T S B U R G ,

PA.

ESTABLISHED 18 7L

Whitney & Stephenson,
BANKERS AND BROKERS
N o. 57 F O U R T H A V E N U E .
Oldest Pittsburg Members N. Y. Stock Exchange.

PORTLAN D, OREGON.
ESTABLISHED IN 1859,
rs.taa
T r a n s a c t a G e n e r a l B a n k i n g B a s in e s a
Collection s G iv e n Sp e c ia l A tten tion

SESSIONS & CO.,
INVESTMENT

BANKERS

C O L U M B U S ,
O H I O .
(Established 1881.)
First M ortgage Loan* on Columbus R e a l
Estate a Specialty.

Graham & McCart,
B A N K E R S AND B R O K E R S ,

C R IP P L E

CREEK ,

COLO.

If you desire a Pay Mine, stock paying regularly
monthly dividends. Bonds and Leases undeveloped
mining property, or organized companies, write for
information.
W il l ia m W ilson & son s . Established 1802,
W ilson , Colston & Co.,
u
1867.

T. Mellon & Sons’ Bank, Wilson, Colston & Co.,

Members of Baltimore 8tock Exchange.
BAN K E R S,
2 1 6 East B altim ore Street, B altim ore.
Investment and Miscellaneous Securities a *pe.
clalty, and whole issues handled.
Exceptional facilities for dealings in all classes of
GENERAL BAN K IN G , COLLECTIONS.
Southern Bonds. Loans on Collateral Securities
negotiated'
INVESTMENTS.
P IT T S B U R G H , P A .

Jo s h u a W e lbou r.

111.

Hart & Frank,

PENN.

BAN K E R S,

PHILADELPHIA.
W. G. Hoppeb.

H. S. Hopper.

Wm. G. Hopper & Co.,

IflO R T G A G E B A N K E R S ,
9 2 AND 94 W ASHINGTON STREET,
28 S. Third St., Philadelphia.
C H I C 'A G O , I I A .
0 / First Mortgages for sale on improved S T O C K S , B O N D S A N D C O T T O N
Chicago City Real Estate. Principal and
Bought and Sold on Commission.
' 0 interest payable in Gold.
Private wire direct to New York.
CORRESPONDENCE SOLICITED.

6

B e n j a m i n a . Jackson ,

Wilbour, Jackson & Co.,
BANKERS AND BROKERS,
N o. 5 2 W E Y B O S S E T S T R E E T ,
P R O V ID E N C E , R . I.
Dealers in Commercial Paper, Government* ani
other flrst-clas* Bonds and Securities, and Forelg©
Exchange.
Private telegraph wire to New York and Boston
Member* of New York and Providence Stock Hxohf

[. B. Thurman & Co., Edward B. Smith & Co., G. S. ELLIS & SON,
G. S. ELLIS.

EDWIN H. ELLIS.

BANKERS AND BROKERS,

BANKERS,

BOURSE BU ILD IN G ,

823 H IONABNOCK, C H IC A G O , I I I , .
H ighest G rad e M u n icipa l an d R a ilw a y
B on d s Bought an d Sold.
SOU TH ERN .

Davenport & Co.,
B A N K E R S

AND

B R O K E R S ,

R IC H M O N D ,

PHILADELPHIA.
Member* Phila. and New York 8toek Exchanges.

E. W. Clark & Co.,
BANKERS AND BROKERS
N o . 1 3 9 S o u t h F o u r t h S t .,
P H IL A D E L P H IA .

Transact a general banking business. Allow
interest on deposits.
Members of the Philadelphia and New York Stock
Exchanges, and connected by private wire with
New York.

V IR G IN IA .
1960.
Correspondence solicited and Information fur­
nished about Southern State, Municipal and Rail­ ____________C I N C I N N A T I . ___________
road Investment Securities
Reference—Bank of New fora N. B. A.
ESTABLISHED

C. W. Branch & Co.,

Seasongood

&

M ayer,

S. W . Corner T hird and W aln u t Streets,
C IN C IN N A T I, O H IO .

BANKERS AND BROKERS,
MUNICIPAL BONDS
State Bank Building,
High-Grade City, County, Town and School Bonds,
R I C H M O N D , V A.
issued in leading prosperous States o f the Union,
Private wires connecting with Washington, Balti­
adapted fo r safe and permanent invest­
more. Philadelphia, New York, Boston and Chicago. especially
New York Correspondent*: Messrs. Ladenburg, ment for Estates and Trust Funds.
Thalraan A Co. and Lehman Bros.

John W. Dickey,
B R O K ER-

Irwin, Ellis & Ballmann,

SOUTHERN

in

C

in c in n a t i

Bonds,

New No. 37 East Third St., Cincinnati, Ohio.

S E C U R IT IE S .

J. P. Andre Mottu & Co.

____

S T - LOUIS.

Sdwakds W hitaker.

Charles Hodgman'

INVESTMENT B R O K E R S,
NORFOLK, VA.

Whitaker & Hodgman,

SOUTHERN INVESTMENTS.

BOND AND STOC K B R O K E R S ,
3 0 0 N o r t h F o u r t h S tre e t.

State, County, City and Railroad Bonds. Indus­
trial Securities. Farming and Timber Lands, Min­
ing and City Properties.

A N D A U D ITO R S.
(Mr. G. S. Ellis, 15 Y’ears with the Central Trust Co
of New York.)
Experts Sent to any part of the United
States and Canada.
Audit and examine Accounts of Individuals, Re
ceivers, Committees, Assignees, Executors and Cor­
porations. Negotiate unlisted Securities, Loans, &c

Wesley Farrington,
Late Auditor o f N. Y. L. E. & W . R R . Co.

E XPE R T ACCOUN TAN T,
203

B RO AD W A Y, NEW

S T . L O U IS .

YORK.

R o o m s 508-509 Ma i l a n d E x p r e s s B u il d in g .

REPORTS
FOR
INVESTORS
ON RAILROAD PROJECTS AND PROPERTIES
Railroads Located on Economic Principles.
Plans, Specifications and Estimates Furnished.
CONSTRUCTION SUPERINTENDED.
J O H N M A R S T O B f, J r.,

CIVIL ENGINEER,
ROOM 202, BULLITT BUILDING,
P H IL A D E L P H IA .

W M .

BANKERS AND BROKERS,
D eal

AU GU STA, GEORGIA,

5 6 W A L L S T ., N E W Y O R K ,

P U B L IC A C C O U N T A N T S

BOOKS

FRANKLIN

HALL

ACCOUNTANT AUDITED

New forms designed for hooks of account.
Settlement of Insolvent Estates.
118 Exchange Building, 53 State Street’ Boston.

Jos. O. Osgood,
M. Am. Soc. C. E.
Consulting Engineer ^
Reports on Investment Properties for Bankers
and Investors.
Examinations in regard to physical condition and
character, earnings, management, needs, value, etc.
R a ilro a d Location and Construction.

120 B ROADW AY

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NEW YORK