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.
fiitanrml
mmtvi^
Supplement
Quotation
Street Railway Supplement
(Monthi^
Investors Supplement (Quaneriy)
[Entered according to Act of Oongress, in
VOL
tlie
State and
year 1900, by
tlie
Ci^ Supplement (^Mnen^
William B. Daka Oohpant,
SATUKDAY, FEBRUARY
7U
In tlie office of the Librarian of Oongress.]
NO. IWU7
lo, 190u.
Week ending February
Clearings at
PUBLISHED WEEKLY.
1900.
1900.
One Year
$10 00
6 00
13 00
7 50
For Six Months..
'European Subscription (including postage)
European Subscription Six Months (including postage)
Annual Subscription in London (including postage)
£2 148.
£llls.
^ixMos.
do.
do.
do.
Above subscription includesStreet Railway Supplement
Thb Qdotation Sopplement
State and City Supplement
Thb Investors' Supplement
Terms of Adrertisiug (Per Inch Space.)
Transient matter
$4 20 Three Months (13 times) .$29 00
"
Six Months
8TANDINO BUSINESS CARDS.
(26
50 00
" ). 87 00
Two Months
(8 times) .. 22 00 Twelve Months (52
—
)
.
.
London Agents:
Messrs. Edw.vrds & Smith, 1 Drapers' Gardens, E. C, will take subscriptions and advertisements, and supply single copies of the paper
at Is. each.
WILLIAM
Pine
B.
DANA COMPANY,
Street,
Corner of Pearl
Post Office Box 958.
93 ,899,490
Baltimore
20 ,158,476
Street,
Worcester
Portland
Fall River
Lowell
Clearings.
Returns by Telegraph.
New York
,
Bedford...
Detroit
Cleveland
Peoria
Toledo
Grand Rapids
Dayton
Evansville
Youngstown
Springfleld, 111....
Lexington
Akron
Kalamazoo
Saginaw
Rockford
Canton
1899.
P. Cent
$923,721,103
105,518,191
74,609,434
16,624,221
Louis
Orleans
New
Seven cities, 5 days
Other cities, 6 days
-2-5
107,681,619
—2-1
100,963,433
$1,269,846,264
$1,288,107,783
198,017,622
179,147,416
$1,467,863,886
$1,467,255,199
291,072,481
Chicago
$947,704,102
110,928,279
27,385,741
11,059,290
Boston
Philadelphia
Baltimore
St.
1900.
$1,758,936,367
80,595,509
18,235,469
25,346,321
7,581,340
-7-4
-8-8
+9-9
+8-0
+45-9
Tot. Mid. West'n
San Francisco
Salt Lake City
Portland
Los Angeles
Seattle
Spokane
Tacoma
Helena
Fargo
Sioux Falls
Total Pacific
-1-5
+10-5
Kansas City
Denver
280,876,819
-H)-04
4-3-6
$1,748,132,018
+0-6
Minneapolis
Omaha
St.
Total
all cities,
All cities, 1
Total
6 day s
day
all cities
for week.
Paul
Joseph
Des Moines
Davenport
St.
Sioux City
Topeka
The full details of clearings for the week covered by the
above statement will be given next Saturday. We cannot,
of course, furnish them to-day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
have to be in all cases estimated, as we go to press Friday night.
We present below our usual detailed figures for the previous week, covering the returns for the period ending with
Saturday noon, February 3, and the results for the corresponding week in 1899, 1898 and 1897 are also given. In
comparison with the preceding week there is an increase in the aggregate exchanges of sixty-five
million dollars, the gain at New York being fifty-four
millions.
Contrasted with the week of 1899 the total
for the whole
country shows a decline of 16*3 per
cent. Compared with the week of 1898 the current returns
record a gain of 9-4 per cent, and the excess over 1897 is 57-8
per cent. Outside of New York the decrease from 1899 Is 2*9
per cent, The excess over 1898 reaches 18'6 per cent, and
making comparison with 1897 the gain is seen to be 40 •! p. c.
Wichita
Fremont
Hastings
Tot. other West.
St. Louis
New
Orleans
Louisville
Galveston
Houston
Savannah
Richmond
Memphis
Atlanta
ISashville
Norfolk
Augusta
Knoxvllle
Fort Worth
Birmingham
Macon
Little
177,249,448
118,228,758
13,487,800
7.850,249
10.090,524
5,293,999
5,780,200
3,080.088
1.824,618
1,607,829
882,977
890,494
715.295
292,385
437.187
413,078
407,400
341.500
213.810
232.330
223.348
204.498
122,608,199
109,740,564
13,488,350
6,239,279
6,993,085
5.814,0*0
4.537.100
2.397.551
1.801.137
1,581,371
893.022
685;769
117,882,100
75,661,672
12,039,900
5,188.013
7,481,720
4,846,692
3,302,900
2,231,837
1.664.062
1.508.480
665.131
566.904
228,95-^
,
Indianapolis
10.
713,971,616
101,583,318
5,390,500
2,796,723
1,919,109
1,511,339
1.373.048
1.275,505
880.080
610.024
542.454
135,699,498
125.625,807
14,848,100
8,216,472
10,904,009
5,989,976
5,000,000
2,776,068
2,045,406
2,222,108
1,137,405
1,151,827
975,264
382,698
410,989
528,842
351,000
386,173
294,281
264,622
249,955
,
Springfleld, Ohio.
Week Ending February
107.032.185
5.183,400
2,462,653
1,753,914
1.677,163
1,457,958
1,215,306
874,609
606,188
344,823
183,989.960
19,298,307
1,888,365
1,636,837
2,218,667
1,895.507
967,760
1,100,207
501,073
249,727
134,389
172.498,367
18.460.153
2.206,386
2.103,535
1,703,050
1,130,884
945.243
652,625
449,045
251,122
110,373
29.888.839
12.832,527
9.417.406
5.627.896
28,013,399
10,997,620
9,012,949
6,991,035
4,372,318
3,158,783
2,000,000
1,500,000
978,818
853,000
370.088
498.983
124,238
136,217
929,649
424,000
Columbus
The following table, made up by telegraph, etc, indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, Feb. 10, have
been $1,758,936,367, against $1,660,759,177 last week and
$1,748,133,018 the corresponding week of last year.
,107,195,660
158,011,973
6.724,900
2,884,500
1.668,449
1,766.776
1,969,169
1.584.099
1,055,777
761,770
825.035
1,,096,499
1,,108,945
Milwaukee.
CLEARING HOUSE RETURNS.
Bock
Chattanooga
,
4^00.772
4.035,168
2,975.000
1,197,275
593,4491
888,791
547,535
441,666
130,000
140,000
43,027,455
30,135,633
12,435,163
10,993,804
3.651,000
4,500.000
5.378.072
8,776,405
2.755,709
2.204,348
1,428,939
1,386,201
1,351,962
684,157
783.505
950,000
817,000
420.076
403,753
225,000
40,092.044
30.510.317
9.674.861
8,428,43S
4,294,700
3,600,000
2,906,454
3,451,999
2,131,246
1,642,415
1,380.977
1,184,250
875,077
680,064
1,208,507
530,504
.592,000
340,603
283,331
272,653
-23-4
+6-3
-)-10-l
-H-7
4-8-1
-I-18-1
—13-5
-9-9
+12-1
+38-3
-I-28-9
H-29-3
-I-36-3
+30-8
-60
-1-27-8
-13-8
-I-13-2
+3T9
-I-13-8
4-1P7
-^12-0
l,498.f578
23,904,339
-1-5
-1*2
-I-28-5
-I-30-4
-150
-f25-0
+85-0
-(-9-4
-(-29-3
-i-34-2
+3-5
-fl7'l
-I-54-4
+17^
-35
1
+79-2
-I-38-0
+23-3
-i-42-5
-17 2
-19-9
-16-2
Halifax
Hamilton..
St.
John
Victoria
Vancouver
Total Canada
26,723.582
245.000
239.118
260,000
111.778
166.655
128,152
116,013,378
12.073,581
1.138,136
1,292,975
1,004.502
410,609
594.448
862,364
451,371
129,561
40,828
1,370,343
1,035,000
1,020.015
795,044
477,703
497,232
173,178
94,766
35,608.438
28,617.482
10,480,935
8,233,539
3.338,450
3.581.930
2.807.464
1.995,086
2.708.987
1,670,522
1,446,538
915,387
924,804
612.316
1,010,866
429,244
660,000
329,469
453,491
240.000
30,198,001
25,545,099
8,985,428
6.631.929
2.448,700
2.603,830
2.290.676
2,328,830
2.016,138
1,490.988
1,230,705
813.210
808.007
504,267
627.658
340.269
596,000
283,152
300 856
280,000
3.211,1:H4
Outside N. York.
Montreal
Toronto
653,776,394
14,994,642
10,815,798
1,688.437
1.318,000
782,759
552.527
715,525
515.442
31,383.03U
308 459
17,403,375
10.158.775
5.273.281
4,128.580
3,097.425
3,182,767
1,275,000
1,028,880
752,973
485,887
341,428
305,536
70,877
100,314
10,790,680
7,643,147
6,100,685
3,399,511
— 16'2
634.708.525
12,007,712
9.080.863
1.727.569
1.449.038
813,443
558.691
481.480
624.936
320,015
315,717
378,918
234,700
248,913
280,000
146,109
156,398
189,331
156,440,459
14,989.316
2,230.096
1.486.442
1.367,031
766.084
906,602
400,000
149,585
110,625
Jacksonville
Total Southern..
73,887,296
84,280.717
Total all
1,660.759,177 1.982,207,602
Winnipeg
602,717,314
68,044,346
15,021,340
17,930,182
3,871,480
1.856,591
1,940.305
909,676
830,583
748,699
301,200
119,714,687
6,076,700
2,911,820
1,537,616
1,524,753
1,224,120
1,027,079
784,804
511,582
386,255
2,,691,096
....
Springfleld
982,210.9.38
76,728,515
18.891.077
18,088,932
3.988.175
1.979,986
2,198.891
1.160.086
902.668
674.992
381,400
2,,853,701
Cincinnati
NEW YORK.
1897.
100.426,260
25,202,428
23.307,169
4,449,371
2,383,041
1,947,067
1,267,234
972.0S0
837,490
345.700
4,,420,882
Haven.....
New
1898.
1,183,872,710 1.489,569,048
Buffalo
Washington....
Rochester
Syracuse
Scranton
Wilmington....
Binghamton....
Total Middle.
Tota New Eng.
Chicago
Publishers,
P. Cent.
1.026,,052,652 1,328,431,208
30,,237,317
New
1899.
$
New York
Philadelphia...
Pitt8bur»f
Boston
Providence
Hartford
3.
—
Terms of Subscription— Payable in Advance
'For
(semiAnnuaiiy)
-f-14-2
-29
-|-23*1
+9 9
-H'O
+1-1
—32-7
+21-2
—14-9
71,456,460
60.321,716
1,617,213,555 1,05.5,881.086
535.002,617
14,549.771
8,838,878
1,378,087
1,281,583
789,960
432,997
463,163,772
9,476.495
6,885,580
1,024.173
27.089,174
19,917,695
1.161.082
907,960
482,405
THE CHRONICLE.
250
Now
THE FINANCIAL SITUATION.
[Vol.
at length
season
we have
when not only
LXX.
a season of strong contrast; a
a profitable but a decidedly re-
munerative price has ruled for cotton. It is also a
There seems to have been more life the current
fact affording further promise that the current year's
week in our Wall Street market than has been apparconsumption of this staple by the world of spinners
ent for a considerable time, attended, however, with
will be so much larger than production that the leftextreme sensitiveness. The recent accumulation of
over stocks in sight and in the hands of spinof course increased the sup-
money
at this center has
ners, when the season closes in September, will
be smaller than for many a year. This is an auspicivery easy and operators have not been slow in taking
ous condition, raising added expectations, because it
advantage of the improved situation in that particuprobably ensures a paying price for next year's
lar. No doubt, too, the confidence of capital in securcotton crop.
Pat these surroundings by the side of
this is in part due
ities has widened in some degree
those that have existed for several years, and no one
to the facts referred to in this column last week, but
can doubt that here is a change of wide import from
to the activity in almost every
ply seeking employment, and this has
made borrowing
;
it is
also largely
—
due
department of business, its extremely profitable character in many, and as the spring approaches to the
continued favorable industrial outlook. The sensitiveness, shown by a reverse movement on Wednesday
and since then, was natural after a rapid rise earlier
in the week influenced by very easy money and after
the experience had the last half of 1899.
This feature of easy money, besides stimulating
general values, very naturally imparted encouragement
and hope to every weakling among the properties
on the market. The hope felt was that they,
too, might get into the swim on this new movement
and be floated out of promoters' hands into those of
the public. It is to be presumed that both the lender and
the investor have learned a fact or two through the last
year's experience. They must have become convinced,
and no doubt are now of one mind in believing, that
cases of over-capitalization exist for which there can be
no cure except by a thorough and most severe reorganThen besides that the test of values, which last
ization.
year's discriminating crisis afforded, left such a forceful demonstration of the fatality which besets a
market unduly inflated through the influence of cheap
money that it ought to be a well -remembered lesson.
The outlines of the teaching were (1) that substance
and not enthusiasm is needed for capital to support
confidence when trial comes, (2) that achievements
ofl'ering
and actual income and not promises
of future earn-
ings are the only loanable basis as soon as money gets
beyond the indiscriminating point, (3) that published
balance sheets showing dividends earned, and not
phenomenal profits, then
become the requirement of capital, and (4) that a
company which in a time like the present has no
positive evidence of its worth to offer is very certain
casual paragraphs claiming
not to possess any.
In a survey of the whole country for signs of promise no section has reason for brighter cheer than the
Southern States. The latest hindrance to progress in
that section has baen the unremunerative value of
a very unfavorable to a very favorable influence, tak-
ing within
its
sphere,
and operating for the
benefit of,
not only the South but the industries of the whole
country.
Even this, though, does not by any means tell the
whole story of the favorable alterations and developments in the character and extent of Southern industries during a recent period, and of the new and promising growth in activities and wealth, becoming almost
daily more and more conspicuous.
It is not necessary to speak of the rapid progress made in iron and
the newer developments in steel production, as all
But there is a feathat is familiar to our readers.
ture in cotton manufacture which is not so well
known which has a special bearing on the price cotton brings within limited districts. We refer to the
wide-spread disposition to build cotton mills in all the
small towns, especially in the Atlantic States. These
are as a rule small mills, but sufficient to spin all the
cotton produced within a radius of twenty to thirty
miles.
They are also proving generally very profit-
This movement is in several ways a great
benefit to the surrounding communities.
The mills
give to the planters a steady market at full prices for
able.
employment for members of their households at fair and regular wages.
Bat besides these benefits, which constitute the main
their cotton,
and
also furnish
inducements for building the
mills, they offer an
opportunity for investing the savings of the sur-
this
disposition
is
rounding community; and
aided by the fact that the interest on bonds and
loans has been steadily declining, so that whatever
local capitalists are found there are likewise led to take
Of course we have spoken of
stock in the enterprises.
only a single but a special feature in the development
We
of the spinning industry in the cotton States.
may, however, state further in a general way that the
addition of cotton spindles throughout the South was
never more rapid than now, and that the industry as
a whole was never more promising and profitable than
it is
the current year.
The people
of that section are
one considers how large a portion of looking forward to the day with not a little confithe population of that section is engaged in and di- dence when they shall be able to export their cotton
rectly dependent upon the cultivation of this staple, in the form of yarn or cloth instead of as a raw material.
and indirectly how important a factor it is also to the
Oar statement of railroad gross earnings for the
merchant and banker, it is easy to understand
enervating
influence month of January, published at length and analyzed
and
depressing
what a
such a state as has so long prevailed must prove. in a subsequent article, makes the best exhibit of any
For several years raw cotton has been selling monthly statement we have had since early last sumNo planter but mer. As a matter of fact, the showing is better than
at an unreasonably low rate.
the most thrifty, and very little land but the most on that occasion, because then the improvement folcotton.
When
productive, couldsecure even a moderate profit. Consequently producers as a rule have been forced to
lowed
in
part as the result of a heavily
augmented
movement, while now it has occurred in face of
and
practice extreme economy, and very many of them a marked contraction in the grain movement
have closed each crop year more and more in debt. also a falling off in another large staple namely cotffrain
February
THE CHRONICLE.
10, 1900.]
251
These increasing revenues, so steadily con- were more than double the dividend on the common
tinued over a long period of time, are having the stock at the rate of 3 per cent per annum.
natural effect of inducing railroad managers to favor
a more liberal policy in the matter of making reOne of the most satisfactory features in connection
This week two large with the present activity of trade is the fact that the
turns on their share capital.
new dividends. We refer to laboring classes are so fully and so profitably emcompanies have made
This is a gratif_ying circumstance, not alone
the Reading Company, which announces its first div- ployed.
idend on the first preference shares, and the Union because the commonest instinct of humanity impels
Pacific Railroad, which in addition to the regular one to feel pleased to see this important part of the
quarterly dividend on the preferred stock has now population enjoying the fruits of life, but because the
begun to make returns on the common stock. The wage earners are the consuming, the buying class,
paj?ment in both cases is to be 1^ per cent.
and their welfare and prosperity tends directly to
stimulate trade activity.
On this subject of employment Mr. John McMackin, the Labor Commissioner
The action in the Reading case came somewhat in
of this State, in his report, has compiled some statisTime
the nature of a surprise, but is fully justified.
tics which illustrate how extremely favorable the conwas when a dividend payment by the Reading road
ditions at present are in the particular mentioned. His
was viewed with some misgiving. Bit the days of
figures are brought down to the close of the third
tlie brilliant, though over-sanguine, Gowen are past.
quarter of the calendar year 1899 that is, to SeptemThe Reading Company now has a management which
ber 30. Mr. McMackin has returns from trade unions
is conservative in the highest degree, while managing
in this State having a membership of 205,933.
Out
In our issue of
the property with skill and ability.
of this number only 4,788 are reported as having been
October 14 1899 we reviewed the company's annual
tvithout work at any time during the three months
report for the fiscal year ending June 30 1899, iadiof July, August and September.
The percentage is
catiog a surplus above all charges for the twelve
2*3, and is the lowest yet reported by the Bureau.
months of $940,465. We showed what was being done
Previously the smallest figures had been in the preto develop and broaden the company's business, and
ceding quarter of 1899 and in the third quarter of
gave some reasons which seemed to make it inadvisa1898.
At the corresponding date in 1898 the perble to distribute this surplus in the shape of dividends
centage was 5-7 per cent and in 1897 6-5 percent.
on the 1st preference stock. It appeared better to conMr. McMackin well says that from one cause or anton.
—
tinue the policy of using this surplus in strengthen-
ing and improving the property along the lines pursued ever since the company has been reorganized.
This
seems
to
have
management,
the
along
in
a
new
been
too.
But
fiscal
year,
the
view
now
taken
we
are
months
seven
by
the showing
well
of
which have already elapsed, and earnings have
continued to improve, and improve in a very
decided way. As showing the extent of the improvement, it is only necessary to point out that the official
figures for the six months ending December 31 1899,
which we published in our issue of January 27, showed
a surplus above fixed charges in the sum of $2,378,330,
against a surplus in the corresponding six months of
1898 of only $1,626,176. The executive committee of
the board of directors accordingly, it appears,
deemed that the time had arrived for beginning to
give the first preference stockholders some return,
and they recommended a payment of 1^ per cent.
This is called a *' semi-annual " dividend, thus indicating that no doubt
is
felt that
payments
can he continued regularly hereafter.
in the anthracite coal trade, it is
ter
than
it
at that rate
The outlook
proper to say,
is
other (old age, illness, injuries, travel, eto.,) a certain
proportion of working people always will be idle,
even though a demand for their labor exists. But
more favorable than the figuret
on their face indicate, satisfactory though they are.
Outside of this city the percentage of employment
is
really
was but 1-2 per cent— that is, only 800 out of 67,128
members were absolutely idle the whole three months.
Even
this percentage, as
is
pointed out, was largely
due to the seasonal idleness among theatrical employes
and glass workers, who, as a rule, receive wages when
at
work
above the prevailing rate in other
occupations to allow them time to rest. Not only,
however, was the proportion of unemployment small,
but wages were better, and it was possible to obtain
work
sufficiently
for a greater
number
of days.
We
shall not
dwell on this point further than to say that of those
who found employment
ter,
any time during the quarthe vast majority worked full time (70 to 79 days),
while a considerable
at
number
also
worked over time.
Foreign discount rates continue to recede, and this
week three of the continental banks have reduced
bet-
has been for years.
their rates.
On Monday the Bank of Austro-Hungary
lowered the official rate from 5 per cent to 4| per
In the case of the Union Pacific the question of cent; on Tuesday the Bank of the
Netherlands rebeginning dividends on the common stock has been duced its rate from 4 per cent to
3^ per cent, and on
only a matter of time. The property, since the re-or- Wednesday the Bank of Belgium
lowered its rate
from
ganization, has been doing extremely well.
Accord- 4i per cent to 4 per cent. The Imperial B^nk of
ing to an oflBcial statement issued after the declara- Germany, it may be noted, still
maintains the 5^ per
tion of the dividend, the accumulation of earnings cent rate.
Though the domestic market for money
up to December 31 1899 of the Union Pacific with on call has been easy this week there
are some indithe Oregon Short Line and Oregon Railroad & Navi- cations that there will be no
further decline in rates
gation, ;has been $12,994,533.
Moreover, it is stated for the present. Money is again moving to the South
that these results were obtained after charging to in response to the demand
for cotton, which inquiry
income for betterments and equipment approximately has been stimulated by the recent decided
advance in
The announcement is likewise made the price of the staple; the diversion of internal reveannum, including the nue collections into the Sub-Treasury, now that
amounts paid from income for capital expenditures, deposits of public money are no longer made
$3,000,000.
that the surplus earnings per
'
.
.
THE CHRONICLE.
252
with
.
the
depository
banks,
tends
to
augment
the daily balances against the banks resulting from
Treasury operations, and there appears to be a pros-
it is
LXX.
3^ per cent, and at Berlin and Frank3f@3f per cent. According to our special
rate at Paris
fort
[Vol.
is
from London the Bank of England gained
money for Stock £14,314 bullion during the week and held £35,516,245
cable
pect of an increasing inquiry for
The bank statement of last at the close of the week. Our correspondent further
Exchange purposes.
week showed the remarkable increase of $11,249,800 advises us that the gain was due [to the import of
in^loans, a greater weekly gain in this item, it may be £227,000 (bought in the open market), to exports of
noted, than has been recorded since June 17 last £81,000 to South America and to shipments of £132,year, when the increase, compared with the previous 000 net sent to the interior of Great Britain.
week, was $15,902,600; the specie increased $5,002,600, but the legal tenders showed only the small
gain of^$438,500, indicating a lighter movement from
The deposits were augmented $15,the interior.
391,200, following a gain of $15,008,000 in the previous week, and the surplus reserve increased $1,593,300,'carrying this item to $30,871,275, the highest
since
June
10.
Money on
call,
representing bankers' balances, has
loaned at the Stock Exchange during the>eeK at 2}
per cent and at 2 per cent, averaging about 2i per
On Monday loans were made at 2| per cent
cent.
and at 2 per cent, with the bulk of the business at 2^
On Tuesday and on Wednesday
per',cent.
the trans-
The
foreign exchange market was extremely dull
and steady until Wednesday, without the least change
in rates.
Then
drawn against securities bought for
European account, and in the absence of special demand rates fell off fractionally. At the same time,
however, long sterling remained steady to firm.
Bankers report more liberal offerings of bills against
cotton this week, due to purchases for export, but
much of the cotton which is now going forward to
Europe has already been drawn against. The supply
Gold received at
of grain bills is only moderate.
the Custom House this week, $48,261. The Assay
Office paid $668,706 02 this week for domestic bul-
Nominal
were at 2^ per cent and at 2 per cent, with the majority
Banks and trust companies quote 2^
at 2^ per cent.
per cent as the minimum for new loans, but many of
the contracts which have been standing at 3
Time
per cent have not been marked down.
loans are in good demand, especially on industrial
collateral, and some business is also done in loans on
good mixed Stock Exchange security. Eates are Si
per cent for sixty days and 4 per cent for ninety days
to six months on the last-named grade of collateral,
while on the better class of industrial security the
rates are 4 per cent for the shorter and 4| per cent
There is a better supply of
for the longer periods.
commercial paper in the market, but the demand is
fully equal to the offerings, and therefore there is no
accumulation of names. The inquiry is quite general
not only from city but from out-of-town buyers and
dealers report a good and increasing business and also
that there is no diflBculty whatever in disposing of
acceptable names at current rates, which are 4@4i
per cent for sixty to ninety day endorsed bills
per cent, with some sales at 4 per
cent, for prime, and 5^@6 per cent for good four to
receivable;
six
4^@5
months' single names.
exchange have been 4 85 for sixtyduring the week. Rates
88@4
for actual business opened on Monday unchanged, compared with those at the close on Friday of last week,
at 4 84@4 84i for long, 4 87i@4 87f for short and
4 88@ 4 88i for cables, and there was no alteration in
rates until Wednesday, the market remaining dull
and steady. Then rates for actual business in short
sterling and in cables fell off one- quarter of a cent, to
4 87i@4 87i for the former and 4 87f @4 88 for the
On
latter, while those for long remained unaltered.
Thursday rates for actual business in long sterling
advanced one-quarter of a cent, to 4 84^@4 84^, but
no change was made in those for short sterling or for
cables, and the tone was steady for long and easy for
The market was steady on Friday. The folshort.
lowing shows daily posted rates for exchange by some
definite
the Britinformation was disclosed by
Than, however, it was announced
Office.
rates for
day and 4
88|- for sight
of the leading bankers.
Fri.,
Feb. 2.
Brown Bros.
5
60 days.
? Sight....
(60 days.
Baring,
Uagouu & Co.
4 85
4 88^
4 85
Fl-eres...
{
Sight...
(60 days.
Merchants' Bk.
of Canada
{sight....
The market
MON.,
T0KS.,
Wbd.,
thub..
FRI.,
Feb.
Feb. 6.
Feb.
.Feb. 8.
.Feb. 9.
5.
7.
~~85
4 85
4 88«
4 85
488
485
85
85
85
85
88«
88«
88«
88H
85
85
85
80
86
88«
{Sight....
(60 days.
Bjjnk British
No. America... {Sight....
160 days,
Baudot
M!>ntreal
i Sight....
Canadian Bank 5 60 days.
ot Commerce.. {Sight....
Hetdelbach. Ick- 5 60 days.
elheimer & Co. {Sight....
5 60 days.
Lazard
Until Wednesday, though there were apparently
well authenticated rumors in London of an important forward movement by General Buller, no
better supply of bankers'
short sterling,
actions were at 2| per cent and at 2i per cent, with lion.
the majority at 2^ per cent. On Thursday loacs were
at [,2i per cent and at 2 per cent, with the bulk of the
business at 2^ per cent. On Friday the transactions
came a
there
88«
88«
88«
88^
85
85
85
85
85
88J^
88«
88«
88X
88«
85
88
85
85
88
85
65
88
85
85
88
85
85
88
85
88J<
4 88>i
4 85
4 88«
88«
88ii
88><
88^
85
85
85
85
85
88X
88«
88«
88^
88«
4 85
4 88>i
85
85
85
85
85
88^
88^
88«
88«
88M
4 85
4 88V<
85
85
85
85
85
88^
88^6
88«
closed
for actual business 4
mi
88«
steady on Friday, with rates
84i@4
84^- for
long, 4
87i@4
87^
and 4 87|@4 88 for cables. Commercial on
ish War
banks 4 83f @4 84 and documents for payment
under cover of a feint frontal attack on 4 83@4 84
that,
cotton for payment, 4 83@4 83^, cotton
Tuesday, General Buller had successfully moved for acceptance 4
83f @4 84 and grain for payment
upon two important points on the right of the Boer 4 83|@4 84.
lines, near Vaal Krantz, and that the advanced posiOn Friday unconfirmed distion had been held.
The following gives the week's movements of money
patches from Boer quarters stated that the British to and from the interior by New York banks.
The
forces had again retired across the Tugela.
Receivfd by
Shipped by
Net Interior
Week Ending February 9, 1900,
Bank of England minimum rate of discount reAT. r. Banks. N. T. Banks.
Movement.
The cable remains unchanged at 4 per cent.
Gain. $2,033,000
Carreucy
$4,270,000
tS,2S7.000
600,000
Gain.
924,000
424,000
ports discounts of sixty to ninety-day bank bills Gold
Ciain. eS.S.'W.OOO
The open market
Total gold and legal tenders.
S5.194.000
J2,061.000
in London 3§@3i per cent.
for short
;
February
THE CHRONICLE.
10, 1900.]
Kesult with Sub Treasury operations and gold imports.
tr*ek
Ending Ftbruary
9.
BanT<$.
Banks Interior movement, ae above
Bnb-Tteasury operations
Bank HolMngi.
16,900.000
$2,661,000
17,600.000
Gain. »2,533.000
Loss.
700,000
122.094.000
Total Kold and lepal tenders
The following
Net Change in
Out of
Banks.
Into
1800.
»20, 261.000
Gain. »1 .833,000
15,194,000
table indicates the
amount of
bullion
In the principal European banks.
FebriMiry
Bank
8,
February
1900.
£
Total.
Gold.
£
SUver.
0,
Unfortunately, the
1899.
£
Silver.
Total.
£
35,516,245 83,400.084
33.400.084
86.516,245
76,002,009 45,780,518 121,762,527 72,906,109 47.955.189 120,861,298
26.985,000 13,901,000 40,886,000 28.226,000 14,541,000 42,767,000
84,794,000 5,875,000 90,669,000 101,039,000 4.401,000 105,440,000
87,885,000 8,976,000 46,861,000 29,843,000 10,377,000 40,220,000
BnelaDd....
France
Gennauy...,
Bcssla
Ani.-Hung'yt
13,600,000 14,820,000
15,412.000 1,506,000
Spftln
5taly
Netherlands.
4.627.000
Nat.I)ele'm...
3,017.000
6,001,000
1,608,000
11,062,000
8,733,000
19,795,000
16,918,000 15,029,000
4,314,000
10,628,000
2,344,000
17,373,000
6,784.000
3,234.000
1,617,000
11.098,000
4,851,000
28,420,000
4.525,000
was placed the whole machinery of the electoral count
for State offices, and, second, of reviewing the decision
even of these commissioners and overruling it should,
they see fit. Ostensibly this Goebel Law was framed'
to prot«^ct the electorate from fraudulent voting;
what its actual purport was may be guessed by any one
who has watched the average action on contested
seats, even in the National Congress.
of
Gold.
253
strated
its
unfairness.
first
of the law
trial
The Democratic
demon-
Parly, as a
whole, proved to be in the majority by nearly.12,000
votes, but the diversion of 14,000 Democratic votes to
the so-called "anti-GoebeV' candidate left Taylor,
GoebeFs chief opponent for the governorship, successful on the face of the returns by a plurality of 2,383
votes. The electoral commissioners, appointed by Taylor's opponents, were looked to, for a time, to throw
Tot.tbi8 week 297.838,254 98.347,518 396,185,772 299,053.193 96.752.189 395.805,382
Tot. orev. w'k 298,190,745 97.837,096 896.027.841 298.042.486 96.495.382 394,537.86 8
out votes enough to reverse the verdict. With every
partisan inducement to do so, they were obliged tcr
+ The Ausiro-Hungarian Bank Statement is now issued in Kronen and Heller Instead of Gulden and Kreutzer. The reduction of the former currency to
sterliuK £ was by considering the Gulden to have the value of 50 cents. As
confirm the original returns and declare Taylor
the Krone has really nn greater value than 20 cents, our cable correspondent in
London, in order to redu' e Kronen to £ has altered the basis of conversion by elected.
He was installed into the governorship;
dividing the
amount of Kronen by 24 instead
THJEJ
KENTUCKY
We
of
iSO.
CONTEST.
do not recall any political episode in our history
which has given rise to more honestly conflicting
sentiments and more honestly divided feelings than
the pending contest for the governorship of Kentucky.
Had it not been, indeed, for two incidents in the
struggle the shooting of the Democratic claimant by
a hidden assassin and the obstruction of the assembling of a hostile legislature by Eoldiers directed
by the existing Governor we apprehend that sympathy among right-minded men would have been
—
whereupon the legislature, which at the same time
convened with its large opposition majority, prepared
review the returns, with the plainly- understood
purpose of upsetting the findings of their own commissioners, and declaring the minority candidate for
to
governor elected.
We have been unable, in all discussions of the
matter which have come before us, to discover any
which essentially modify or
alter the case as we
have presented it. This being so, we do not find it
difficult to understand the violence of partisan feeling evoked by the contest.
Considering the training
unanimous in favor of the Republican claimant (who and traditions of a good part of Kentucky's populaalready occupies the executive chair) and would have tion, we can hardly wonder that a thousand armed
approved any act calculated to confirm him in power. citizens proceeded to Frankfort to defend the GovWhat has tended to alienate in some degree the ernor in his effort to retain his ofl&ce. Yet it is hardly
sympathy naturally belonging to him is the outcome less surprising, the situation having reached such a
of two of the stroDgest and worthiest instincts of our pitch of tension, that the overt act of one
of these
people: hatred cf assassination as a political weapon vigilantes should have brought to the conflict
its
and dread of executive power secured, even indirectly, tragical end.
by the use of military to disperse a legislative body.
To the Kentucky Executive, the situation created
Since the second action was an outcome of the first, by the attack
on Mr. Goebel was undoubtedly
and since Governor Taylor was in no respect responsi- perplexing. Good or
bad, constitutional or unconstible for the crime of Goebel's murderer, the unfor- tutional,
the law giving to the General Assembly final
tunate situation which exists is directly traceable to authority to
interpret the returns was explicit, and
the individual who took the law into his own hands.
could be upset only by appeal to the courts. What
The antecedents of the case are unusually simple the legislature would do, with
its plurality of 67,
and easy to comprehend. Until 1895 politicians had against the
State administration had been pretty
never reckoned Kentucky a doubtful State.
The well known before the assassination of Goebel, and
Democratic candidate of 1891 was elected Governor after that event, with
the change wrought by it in
by a safe plurality of 28,000 votes. In 1895, however, public sympathy,
there was no doubt whatever.
The
when the total vote of the State increased very governorship was certain,
when the legislators met,
heavily, the plurality for the
governorship swung to be awarded to Goebel, and in the event of his death
over by 8,900 to the other party.
In a State where would pass from him to his fellow-candidate for lieuparty passions ran high, and which
had thus unex- tenant-governor. This is a case
facts
—
where possession,
if
pectedly become a debatable ground of
politics, the not nine points of law, is at all events nine-tenths of
usual reaching after an advantage
of position before the advantage in a struggle.
Governor Taylor inthe next electoral contest ensued.
In most States stently used the strongest expedient at his command,
the gerrymander is the weapon
employed. In Ken- and on the plea that insurrection existed at Franktucky another and more subtle means to
the political fort adjourned the legislature to another
end was used.
locality,
and summoned the national guard to prevent the
The legislature elected in 1896 was Republican; legislators
from meeting to vote at Frankfort.
that chosen in 1898 was Democratic
by the large pluThis act of Governor Taylor's was based on Section
rality of 67.
This pi edominance was used to pass a 80 of the Kentucky Constitution,
which provides that
law of which the subsequent
Democratic claimant for the Governor " may, on extraordinary occasions, conthe governorship was the
author— a law which, in vene the General Assembly at the seat of government,
brief, gave the legislature
the power first of choosing or at a different place, if that should have become dantheir own electoral
commissioners, in whose hands gerous from an enemy or from contagious diseases."
THE CHRONICLE.
254
The meaning
of
clear enough,
and
somewhat unusual proviso is months ago were much lower than at the beginning
plainly had no intentional refer- of the year have gone on dropping without interrup-
it
;
civil war.
Fortunately, Governor Taylor seems to have recognized his mistake in this, as in his further action of
preventing service on himself of notice from tbe
Court intervening in the case. The prompt expression cf public sentiment may well have convinced
him, not only that the popular feeling would not sus-
him
in
these steps, but that his action,
if
per-
must really forfeit the moral advantage
which was so overwhelaaingly on his side in the general contest. As we write, negotiations are in progress
for a compromise which shall involve both unimpeded
action by the legislature and submission of the case
to the courts by mutual consent.
A point had indeed been reached where the only alternatives were
judicial arbitration or armed contest, and the armed
contest threatened to be of the most dangerous charsisted in,
acter.
The
Lxx.
this
ence to such a condition of affairs as lately existed at
Frankfort for, in the first place, the exhibit of force,
both regular and irregular, was on the side of the
Grovernor whose plea was against insurrection, and, in
the second place, the legislature had asked for no
adjournment and professed itself willing to continue
meeting at the capital. Even with right on his side,
therefore, so far as regards the general question, the
Governor's reasoning must be acknowledged as spec
ious.
His use of soldiers to prevent the legislature
from assembling, on the technical ground that it was
not safe for them to meet, quickly exposed the inconsistency of the plea.
The circumstances were recognized by President McKinley in refusing to heed the
Kentucky Governor's request for intervention by
United States troops. Such intervention, under such
circumstances, would almost certainly have meant
tain
rvoL.
legislators,
acting
outside the State
tion, the decline at times
character.
At
being quite of a panic-like
present, however, prices have reached
which they are not likely to fall, and
where they ought to look tempting to the public on
the look-out for remunerative investments.
Most of
our bank and industrial shares give, when calculated
on the basis of last year's dividends, yields up to 8
per cent, although it must be borne in mind that
some of this year's dividends may in the end work
out somewhat smaller than those for 1898-99.
The situation on our Bourse looked very serious
a level below
when the
price of our 4 per cent State rente fell
below par, a fact, however, the importance of which
was largely over-rated. The decline in the prices of
English consols, French and German rentes, which
after all are generally looked
upon
as
deserving
still
better credit than our State obligations, was not followed by anything like the heavy fall that occurred
when the Kussian rente sank below its customary
price of 100.
It is true that the outbreak of hostilities in the Transvaal which occurred was not without
influence on the price of our rente, though the chief
causes for its decline were of a, so to say, technical
character.
During the last few months, owing to
tight money, some large parcels of our rente had been
offered for sale on Western markets, these offerings
being readily taken up by the Imperial Bank and its
agents abroad at par. Gradually, however, the leading circles of the Imperial Bank arrived at the conviction that as a consequence of maintaining the
price of our rente at 100, exactly the contrary of
what was aimed at had happened; for the public
rushed to the acquisition of rentes abroad at lower
prices in order to sell them here to the Imperial
Bank
at the par value.
Thus the
efforts to secure a
House, had formally affirmed Senator Goebel's title stable price for our rente proved to be nothing more
to the governorship he and the Lieutant-Governor than a capital occasion for remunerative arbitrage
after Mr. Goebel's death had formally named a new operations, to foster which was by no means the incommander for the State militia there was thus tention of our central institution.
Hence it was
foreshadowed the startling possibility of an inter- decided no longer to keep up an artificial price, but
necine war in which the military itself should be di- to let it take its own course. Since then the quotavided into hostile camps.
tion has receded to 99, at which price, however, not
We can hardly venture to predict the outcome as much is being offered.
regards the governorship of Kentucky. We have enough
The Bourse, of course, protested loudly against the
faith in popular government, however, to believe that new practice of the Imperial Bank, and it was prophwhen the passions of the moment have subsided the in- esied that the break-down of Russian finance was close
In reality the "Chancellerie de Credit" of th e
stincts of justice and fair play will do their part.
It at hand.
is impossible to conceive of people of ordinary fair- Ministry of Finance had contented itself with requestmindedness condoning so obvious and glaring a fraud ing some banks and private bankers to transfer their aras the Kentucky opposition undertakes to perpetrate. bitrage operations from the Russian State rente to some
There is nothing that either side can now legitimately other description of investments. Whether it was wise
do but submit its case, first to the courts of law and of the Chancellerie to change its practice regarding the
finally to this public arbiter.
A constituency which rente just at the moment when markets were serifailed to respond rightly to this last appeal would un- ously shaken by a grave and all-around fall in prices,
doubtedly get thereafter exactly such government as only the future can tell. On the other hand, it must
it deserved.
We hardly think, however, that the not be forgotten that on a previous occasion a similar
most daring legislature hereafter will readily take measure of State interference regarding Russian bank
the chances of such indifference on the part of the notes proved a thorough success, and at the same
people.
time one of the most efficient preparatory measures
for the reform of our currency.
RUSSIAN CROPS
FINANCES*
Owing to a request of the Minister of Finance, our
St. Petersburg, January 1st, 1900.
larger banks had already given up arbitrage operaTbe last few months have not been very auspicious tions in State rentes some time previously. The real
from a business point of view. Money which was al- relations that exist between the Government and the
ready dear and scarce at an earlier period became banks are as follows: The Government continually
still
more restricted, and prices that even three distributes among the larger firms all sorts of orders
and puts at their disposal any liquid funds it may
^ Commanloated by our Special Correspondent at St. Petersburg.
;
;
AND
February
10,
THE CHRONirLE.
1900.]
265
Thus the proceeds of the three million much liquid money as possible to the private institupounds sterling of 4 per cent Moscow-Windau-Rybinsk tions; therefore, from the 4th of December it ceased
bonds, which a few months ago were launched on the to allow interest on money deposited with it. Hence
London market, were at once put at the disposal of the depositors naturally prefer to withdraw their balthe St. Petersburg banks. This will explain why no ances from the Imperial Bank, where it is kept lying
other news acts as such an incentive on our Bourse idle, and to deposit it with private banks, which at
as do rumors concerning some new loan that is about present readily pay from 3 to 4 per cent on money
to be issued abroad, the ensuing plethora of money at call, and still higher rates on terminated deposits.
being instantly discounted. Therefore it was an act But for all that the central institution keeps on disof the simplest business policy on the part of the counting, making advances against securities and
possess.
banks to comply with a request of such an important
customer as the Government.
A short time ago a conference of bank directors
and prominent bankers was convened by the Minister
of Finance in order that their reports on recent
events might be heard and still more that official assurance might be given that Russian finances are in a
more favorable condition than ever before. Moreover an official statement was published in the papers
of which some details deserve to be repeated here.
even granting open credits in all those cases where
the risks incurred are not altogether incompatible
with the character of an issuing bank.
It may be of interest to you to hear that an issue
of 10 million dollars of 4 per cent bonds of the Wladikawkas and the South-Eastern railways will soon be
introduced in the New York market. The issue of
these bonds was concluded by the St. Petersburg International Commercial Bank which, together with
its American friends, undertakes to place the issue.
the Minister objects to the asser- The bonds, though of private companies, are furtion, repeated over and over again, that the present nished with a guaranty of the Russian Government,
uneasy condition of the market has been chiefly and being intended solely for the New York market
brought about by a decrease of the money in cir- are made out in roubles and United States dollars.
culation, since at no previous occasion has there It looks as if entire success for the issue had been
been more money in circulation than at present. secured beforehand by means of a syndicate airange-
In the
first place,
Talking of the last few years, the largest amount of ment with a well-known New York Insurance Commoney was in circulation in 1892. The paper money pany which carries on operations in Russia, and which,
then in the hands of the public amounted to 1,138,- it is presumed, if not successful in disposing of the
900,000 roubles, while a circulation of gold did not bonds at a premium will take up the largest part of
exist at all and even silver was only represented by the 10 millions on its own account.
The Ministry of Agriculture has just published a
very small amounts. Now, 1,360,600,000 roubles are
in the hands of the public, showing an expansion of report giving full details as to the crop results in
215 million roubles.
But many people ask with 1899, the report being based upon about 7,000 special
anxiety whether
all
the
money has remained
country, or whether part of
it
has gone abroad.
in
the
This
Taking it
reports that were sent in to the Ministry.
all round, the harvest proved to be up to the aver-
Winter corn and oats give a crop above the
average, while other cereals are either below the
average or just coming up to it. In the central,
chiefly agricultural districts, and also in the southwest and in regions along the middle course of the
Volga the harvest was good, in some places even exin gold than if bills on St. Petersburg or on Moscow ceptionally so; whereas in the south of the Empire,
had to be acquired. Thus, not only did no substan- in the districts of Bessarabia, Cherson, Tauria, Jekatial exports of gold from Russia take place
-the terinoslaw, Ssaratow, Ssamara and Astrachan, the crop
small amounts of coin withdrawn by tourists leaving was bad, in some parts even an entire failure.
The rye crop was a poor one in some districts of
the country not being taken into account but owing
to the great number of industrial undertakings each of the following governments: Woronesh, Ssarfounded with foreign capital, a certain influx of gold atow, Ssamara, Astrachan, Charkow, Bessarabia,
Jekateiinoslaw, Don, Jaroslaw,
resulted.
It would therefore be exceedingly diffi- Cherson, Tauria,
In 33 discult to discover at any foreign centre substantial Witebsk, Novgorod and Archangelsk.
amounts of new Russian gold coin. For the same tricts scattered all over the empire rye failed en-
however, must be answered in the strict
negative, as it is a well-known fact that ever since
the reform of our currency was carried through, the
Russian exchange has never dropped below the gold
point.
On the contrary, for quite a long period remittances to Russia worked out cheaper when made
question,
age.
—
—
reason the parcels of gold coin that have been flowing tirely, while in 62 districts it came up to the average
In the remaining terriin of late have contained only very small amounts of or at least very nearly to it.
Russian origin, though it would have been to the ad- tory, by far the larger part of the Eoapire, the rye
vantage of foreign bankers to hand over to us as much harvest was satisfactory. The following governments
Russian coin as possible. At the present moment 668 produced the best crops of rye, as is shown by the
million roubles in gold are in the hands of the public, appended figures, 100 being accepted as an average
:
Ufa, 165; Kasan, 150; Rjasan, 150; Kaluga, 150,
The worst results for rye
Tula, 145; Ssimbirsk, 145.
Bank. As, on the other hand, the present note cir- were witnessed in the following districts, and are ilculation amounts to 540 million roubles, our entire lustrated by figures as above: Bessarabia, 40; Cherpaper money appears to be more than covered by son, 70; Astrachan, 50.
The wheat harvest gives nearly the same results as
gold, whereas by our laws the Bank is obliged to hold
while no less than 856 million roubles, likewise in
gold, are still kept in the coffers of the Imperial
the rye harvest, the former, however, having come
out somewhat better than the latter.
lions in gold, or 50 per cent.
As to the harvest in summer corn, the same must be
In order to alleviate somewhat the stringent money
The harvest of sumposition under which most of our private banks are chronicled as of winter corn.
following
suffering, the Imperial Bank has resolved to direct as mer corn proved a very bad one in the
against
its
present issue of 540 millions only 270 mil-
;
.
,
THE CHRONICLE.
256
Astrachan, Ssamara, Ssaratow, Oherson, Bessarabia, Tauria; it being bad or unsatisfactory
in some districts of the northern and northwestern
governments. In the remaining parts of the Empire
governments:
the harvest of
even good.
summer corn was
satisfactory, partly
[Vol.
LXX.
made twdlve months previous. The
when collected so soon after the year
the compilation
silver figures,
we
more largely estimates, and need
extensive revision by means of later reports received
closes, are,
during the
repeat,
We make
succeeding twelve months.
and give prominence to this disPeas suffered from unfavorable weather and mostly tinction for the information of our readers and others
developed but poorly. Oil seeds gave but an unsatis- who use our tables. For all years except the last year
our compilations for gold are believed to be a correct
factory or bad harvest.
Summer wheat was harvested by Ssimbirsk, 185 representation of each year's production.
Kasan, 160; Wjatka, 155. The best haripest of oats
GOLD PRODUCT OF THE WORLD FROM 1851 TO 1900.
Ssimbirsk, 195; Kasan, 180; Pensa,
was yielded in
In 1899 the gold output has proved to be in some
180.
The aggregate results for European Russia, as measure a disappointment. That is so, although the
calculated by the Ministry of Agriculture, are shown anticipations were not only reasonable but probable a
in the accompanying table.
year ago. They were based on a belief in an uninterthese explanations
Poods.*
1,291,217,000
234,985,000
384,332,000
728,187,000
Bye
Winter -wheat
Smnmer wheat
Oats
Poods.
300,264,000
115,865,000
35,812,000
44,963.000
BarleyMillet
Maize
Peas
*1 pood helng equal to 1638 kilograms, or about 36 pounds.
In almost all the districts of the Empire the harvest was belated by constant and heavy rainfalls; especially in the black-soil districts, where the corn was
seriously damaged by uninterrupted down-pours of
rain. The same meteorological conditions having prevailed over almost the whole of the Empire, the
produce of almost all the districts
of the same mediocre quality.
will
be found to be
in the
respecting the output of mines other than
United
States needed for
making up the
world's production of gold soon after the close of the
year continues with each succeeding twelve months
to
become more widely
available.
velopment became more marked;
small in the
first
This, as
we have
explained on previous occasions,
is largely due to the
mines producing that metal have mainly
passed into syndicate and corporate management,
which compile their earnings monthly or at other
fact that the
frequent intervals for their copartners' or stockholders' information.
Of course, in some measure the
same condition is true of silver mines also; but not
by any means to a like extent. Then, again, there is
another change that has taken place, one that affects the importance and position of the two metals,
and one that has a tendency to widen the difference
between them as to the date of available returns. Silver is no longer the standard of values; gold has been
adopted by every important commercial nation, silver
having become subsidiary. This innovation has led to
greater urgency in financial circles to keep informed
as to the gold product, and that in turn has been instrumental in causing more frequent and more accurate
compilations of results and greater readiness in publishing them or in giving them out on application.
As a consequence of these developments the annual
gold statements which we have been collating near
the close of January for the last quarter of a century,
have increased in comprehensiveness and accuracy,
until they have at length become a very close approximation to the actual result, needing but little revision one year later.
Thus, on the 11th of February
1899 we published our figures of the world's gold output for 1898, showing a total as then given of 14,091,406 ounces, valued at £59,857,474, or $291,294,726.
In correcting them to-day in the light of the latest
reports, it lias only been necessary to change the grand
total for the world by deducting 56,227 ounces from
and compared
for
though
still
three years of that period, the prod-
uct in the closing year, 1890,
THE WORLD'S GOLD AND SILVER
PRODUCTION FROM 1851 TO 1900.
The data
rupted development, and therefore in a very large
result.
The smallest five-year product since the discoveries of gold in the United States was from 1881
to 1885, when the total was only 24,567,749 ounces,
or an annual average of 4,913,550 ounces, the average
annual value being 1101,571,923. Even during that
period the increase had begun, though the gains were
quite insignificant.
The year of least output was
1882, when the ounces were 4,825,794, valued at $99,757,848.
In the next five years, 1886 to 1890, the de-
when one looked back
with 1882, appeared with an output
of 5,711,451 ounces, valued at 1118,086,073, decidedly
promising. After that date, however, the progress
was more rapid, the annual increment increasing
almost year by year, and astonishing the world in 1897
and 1898; in the former, 1897, the total was 11,483,712 ounces, valued at $237,388,977, showing an increase of 1,663,637 ounces over 1896, while in 1898
the output was 14,035,179 ounces, valued at $290,132,413, with an increase over 1897 of 2,551,467 ounces.
We subjoin a comprehensive statement of the annual
average gold product of the world given in five-year
periods from 1851 to 1895; the annual yield of the
mines for the three years following 1895, and the highest, lowest and average prices of silver are also added.
This statement shows at a glance the nature and we
think the cause of the development we have referred to.
to
it
GOLD PRODUCT FROM 1851 TO 1899.
AveroLoe,
5 years,
Aver age
1851-1855...
1856-1860 ..
1861-1885...
1886-1870...
1871-1875.
6,873,064
e.548,755
1876-1880. .
1881-1835...
1886-1890...
1891-1895....
5,269,811
Aver. vol.
sterling.
Aver. vaJ.
dollars.
High.
31,709,200
26,048,764
23,810,206
22,3S5,102
120,246,641
62!^d.
eov^d.
aiHA... .1861-65
126,765,576
115,871,703
108,936,479
62]ia. 60d.
61!^d. 65J^d,
58>^d. ieua.
605^d.., .1866-70
59d. .. .1871-76
52Md... .1876-30
20,871,777
22,601,764
101,571,923
109,991,216
52%d.
54^d.
46T^d.
60^d... .1881-81
5,320,834
415^d.
HHi..-
7,862,103
33,398,663
162,523,830
48?ifd.
27d.
3Dj^d... .1891-95
Tear 1897.... 11,483,712
41,713,715
48,780.511
rear 1898. ...14.036,179
69,618,683
202,998.628 31^d. 29H6.
237,388,977 29J^d. 23-%d.
290,132,413 28J^d. 25d.
ounces.
.
5,816,941
6,132,295
5,605,303
4,913,550
Annual output—
rear 1898.... 9,820,075
,
'Silver price.
,
Low. Average.
£29,195.400 $142,078,604 62%d. 59%cl. emd... .1851-55
27,817,800 135,374,554 68Md. eo^d. ei^d... 1858-60
With such a long-continued growth
.1886-90
309id. ....189«
5i7Hd. ....1897
27d.
....1898
output
as the foregoing compilation discloses, closing with
results like those the two latest years record, it is no
surprise that the estimates of the product for 1899
made by good judges twelve months ago should have
been large. The reader will also see when he examines the details of the product of some of the leading
countries to be found in subsequent portions of this
report why it was that those large estimates were
raised to even greater proportions after some of the
increases in the first six months of 1899 became known.
Indeed, the output of the Witwatersrand district of
South Africa in the early months was of itself sufl&in the
.
February
.
THE CHRONICLE.
10, 19no.]
cient to encourage extreme expectations; for the first
nine months of the past year that district yielded
3,913,813 ounces (valued at £3 10s. per ounce), against
Sud3,082,001 ounces for the same months of 1898.
denly this most fruitful source of supply in the world
257
and 11,483,712 ounces, valued at £48,780,511 or
Such a large increase, not$237,388,977, in 1897.
withstanding the South Africa suspension of work for
nearly the whole of the last quarter of the year (that
except the small amount we have added as exis,
plained above), shows to what a degree of activity
prospecting work and the developing of new and old
These facts
mines have been and are being pushed.
seem to afford good promise of an abundant supply of
the metal to meet the future currency wants of the
1898,
was cut off. As we all know, parly in October war
made South Africa the center of bitter and extensive
hostilities, putting an end for the time being to all
Even in September the workindustrial movements.
ing of the mines in the Transvaal had probably in
some little measure been embarrassed, since the out- world.
United States. We are somewhat surprised that
put that month was only 411,762 ounces against an
average for the previous four months of a little over the United States has not added more largely to the
450,000 ounces. With September the monthly reports gold product in 1899. According to the preliminary
ceased no product being given for the closing three estimate of Mr. Roberts, Director of the Mint, the
months of the year; whatever mining was done in production does not show a rate of progress quite
There has, howthose months was done under the direction of Presi- equal to the development in 1898.
ever, been considerable growth, the total output
dent Kruger for the Boer Government.
But notwithstanding this stoppage of work in South reaching 3,419,836 ounces, valued at $70,694,170,
Africa and the very considerable loss to the gold prod- against 3,118,398 ounces, valued at $64,463,000, in
uct thereby, the 1899 gold output of the world is found 1898, and 2,774,935 ounces, valued at $57,363,000, in
Mr. Valentine, of Wells, Fargo & Co., has
to be considerably in excess of the 1898 aggregate. 1897.
He
This is due to the fact that nearly all producers, the also recently issued his annual statement.
smaller as well as the larger ones, with the conspicu- gives the product for 1899 at $72,567,226, which exous exception of Russia, have recorded increases. pressed in ounces would equal 3,510,445 ounces,
We put in our estimate for the Transvaal's mines against $66,486,202, or 3,216,275 ounces in 1898.
300,000 gross ounces, that is 347,000 fine ounces, to These figures of Mr. Valentine, although nearly two
cover the amount taken out during three months million dollars larger than the Mint's result, show only
under President Kriiger's direction and otherwise, as about the same growth in the year compared with
more fully explained in our remarks below about that 1898 as indicated by the Mint statement; this is so
country's product.
Referring the reader for further because Mr. Valentine's previous year's estimate was
information respecting the 1899 figures to the details also not far from 2 million dollars more than the corregiven subsequently in this article, we bring forward sponding figures of the Mint Bureau. The values as
our usual compilation of the annual gold product of given for each State by the Mint Bureau are as folthe world from 1871 to 1899, both jears inclusive.
We have reduced values to ounces so as to perlows.
GOIiD.—WORLD'S PRODDCTION IN OnNCES.
fect the comparison with previous years.
—
—
Other
United
Flue.
Australia. States.
Ounces.
Ounces.
Ounces.
1871
1873
1873
1874
1876
Russia.
Oxmces.
2,378,729 1,896.947 1,264,000
2,150,417 1,856,661 1,215,000
2,114,910 1,907,112 1,066.000
1,993,460 1,870.973 1,068.000
1,895,615 1,944,030 1,050.500
Tot.'71-76. 10,533,131 9,475.723 5,663,500
1876
1877
1878
1879
1880
Tot.'76.80
1.668,082 2.086.009 1.081.778
1.581.496 2,188.785 1.317.741
1,407.564 1.896.947 1.354.500
1.425,872 1.617.269 1,385,900
1,443,898 1.741.500 1.391,260
.
1881
1882
1883
1884
1885
Tot. '81-85
25,631,436
24.182.343
23.612,900
22.951,989
22.772,368
2,354.160 28,036,514 ii9.05i.oee
470,833
522.533
535,071
607,510
634,508
5,306,701
6,610.654
22.541.805
6.184.083
22.030.944
5.036.551
31.394.361
5.311.166
32.135,991
23.832,511
2,760,453 26.349,054 111,925,512
641,354
4.976.980
1.438.067 1.572,187 1,154.613
4,835,794
20,499,008
4.859.503
20,642,193
1,352.761 1,489,950 1,055,642
1,309,804 1,538,325 1,225.738
660,927
942,184
1,004,536
928,717
4,903,889
.
1,257.670 1,693.125
922.236
971,656
1,344,002 1,604,841 1,030.151
1,540,607 1.587,000 1,154,076
1,453.172 1,588,880 1.134,590
1,171,342
28,754 1.174.503
240,266
956.363
366.033
963.539
479.302 1,055.507
Tot. '91-96
1896
1897
.
1898
.
1899 (est.)
.
.
21.141.216
5.175,633
5.611.245
21,427,446
21,499,816
21,985,011
23,835,447
5.711.451
24,261,102
5,044.363
5.061.490
6 885 653 8 070 221 5 312.699 1.114,345 5,321,254 26,604,172 113.008,820
1.518.690 1.604.840 1.168.764
727,912 1.266.029
1,638.238 1,597.098 1.199.809 1.160,519 1.456.158
1.711.892 1,739,323 1,345.234 1.381,128 1.497.669
2,020,180 1,910,813 1,167,455 1,865,638 1,691,236
.
1897.
-1898.
>
-1899.-
.
Fine
Value.
924.166 $19,104,200 1.122.073 $23,195,300 1.257.762 $26,000,000
723,323
14.962,393
16,637.600
756.483
14,618,300
California.... 707.160
6.130.000
296,056
5,699.700
275,723
275,491
5,694,900
So. Dakota.
4.919.697
5,126,900
238,000
248,014
4,373,400
211,563
Montana
3.442.000
118.133
2,994,500
144,859
143,983
2,976,400
Nevada
2.500.000
2,465,100
130.938
119,249
2,895,900
140,089
Arizona
4.609,819
223,000
2,624,800
122,137
1.778.000
86,011
Alaska
3,369,609
163,000
110,556
2.286.400
1.736.100
83.600
Utah
120.000
2.480.620
1.716,900
83,056
1.701,700
82,320
Idaho
1.550.387
75,000
1,177,600
56,963
1,363,100
65,456
Oregon
; 66,200
806.203
39,000
37.065
419,900
Washington.. 20,313
eoo.ooo
29.035
539.000
26.074
356.500
New Mexico.. 17,246
6
100
62.700
Michigan
3,033
337.344
16.320
327,500
287.400
15.843
13,903
South. States.
6,000
290
6.100
14.500
296
701
Other States.
Fine
Production.
Valite.
ozs.
fine
Value
ozs.
ozs.
Colorado
.
4,177.718 24.567.749 104.358,886
1,290.203 1.596,375
.
Gold-
IN ONITKD STATES;
21,249,976
6.909,642 7,730.324 5,760,065
OOLD PRODCCTION
20,826,492
5,003.584
1.333.849 1.451.250 1,133.219
1891
1892
1893
1894
1895
Total.
Values.
£
1,475.161 1.678.612 1.181.853
1886
1887
1888
1889
1890
Tot. '86-90
7,526.912 9,530,510 6.531.179
*
Africa. Countries . Total,
OuncM. Ounces. Oxmces.
470,832 6,010,508
470.832 6,693.910
470.832 6,558,854
470.833 5,403,365
470.833 5,360,977
2,n0,505 2.254,760 1.397,767 2,115,138 1.713.833
6.286,235
26,702,699
7,041.822
29,912,261
7.675.236
Totals.... 2.774,935
The foregoing shows
3.118.393
$64,463,000
$70.69i.l70
3,419.836
that the gains in 1899 are a
widely distributed than in 1898 and that the
most of the increase is found to have come from the
mines of Colorado and Alaska the total gain by all
little less
—
the States being about 6 million dollars, of which
Colorado records nearly 3 million dollars and Alaska
Of course there are some
32,602.967
8.665,332
9,662.003
36.765,652
40.999.778
4,172.940 3,419,836 1.225,000 3,849,589 2,900,000 15,667.365
2 million dollars.
these are
made good and the balance
losses
;
of the total gain
accounted for by quite important increases reported
The development in Coloin several other States.
rado is wonderful. Its gold product in 1899, as stated
above, is estimated by the Mint Bureau at $26,000,000
is
9,059,505 9.106,834 6.279,019 7,240,235 7,624,925 39,310.618 166,983,317
2.185.872 2,568.132 1.041.794 2,150.106 1,874,171
9.820,075 41,713,715
2,690,278 2.774,935 1.124.5U 2.818.493 2,076,495 11.483.713 48.780.611
3.854,443 3.118.398 1.831.791 3,904,721 2,625,833 14,035.179 59,618.633
66,127.053
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 1899 stated in dollars Is $321,805,456 and In
Bterling £66,127,053.
and the
be seen from the foregoing that the total
gold product in 1899, according to our estimate, has
been 15,567,365 ounces, valued at £66,127,053 or
membered that
*
It will
$57,363,000
$31,208,637, against
$29,498,958 silver in 1898.
silver at (coining value)
and
become more surprising when
$23,195,300 gold
These figures
it
is
re-
in 1891 the gold product of Colorado
was but 222,525 ounces, valued at $4,600,000 ; that in
1894 it was still only 459,152 ounces, valued at $9,491,The growth since then has been phenomenal
1321,805,456. That aggregate compares with 14,035,- 514.
179 ounces, valued at £59,618,633 or $290,132,413, in and very largely, and indeed almost wholly, due to the
"
.
THE CHRONICLE.
268
discoveries
and development
in the Cripple
Greek and
The war, however, has
prospect.
Leadville districts.
[Vol.
LXX.
fallen as a blight over that
Since the report issued for the month of
prove that there are very few
September the Chamber of Mines of Witwatersrand
has published no figures. During the first week of
sections in the United States which
promise of future additions to gold production than October operations must have continued to an imAlaska. It nearly doubled its output last year, having portant extent; and even since that date more or less
risen from $2,524,800 in 1898 to $4,600,819 in 1899. gold has been produced. Up to the moment when
Mr. J. C. McCook, Consul at Dawson City, writing President Kruger of the South African Republic beunder date September 14 states that the rush to Cape gan to appropriate the output to that Government's
Perhaps time
will
give
Nome
better
now, he says, of use, some gold was mined, and since that appropriaseveral thousand and the expectation is, he adds, tion began the work has been carried on under the
There are no exact data obtainthat 20,000 people will be in that vicinity the current same auspices.
year.
We also learn that California promises to in- able covering those months. We notice that a cable
The droughts of the last two or dispatch has been received from Lorenzo Marquez,
crease its product.
three years have checked progress in gold-mining, Delagoa Bay, to the effect that the South African
causing a good many productive properties to shut Government obtained in December 74,000 fine ounces
down ; but the prospect now is that they will open from the Johannesburg mines. This statement and
again this season. Mining operations have likewise other known facts authorize an estimated production for
been active the past year in many other sections and the last quarter of 1899 of 300,000 gross ounces, which
Of course
these efforts and work give promise now of a very would be equal to 247,000 fine ounces.
industry of that State whatever amount has been taken out of the mines in
favorable return for the mining
the interval since the war disturbed mining operaduring the current season.
Altogether we shall be disappointed if the current tions and stopped the monthly reports must be added
year does not show a larger increase in the gold out- to the results for the previous nine months in making
put of the United States than the gain secured in up the year's new supply. This we have done in the
1899.
What has been said with reference to Alaska subjoined statement of monthly results for seven years,
makes 1899 look like the beginning of a much more as reported by the Witwatersrand Chamber of Mines.
important work there; nearly every pfospecter seekWITWATERSRAND DISTRICT—OUNCES VALUED AT ABOUT £3 108.
Ounces.
1897.
1898.
1899.
1893.
1894.
1895.
1898.
ing that mining district went to the Klondike hereto- January
313,827 410,146
108,375
149,814
177,463
148,177
209.833
February
93,253
151,870
169,296
167,019
211,000
297,976 404,336
fore, but now there promises to be a decided diver- March
111,474
165.373
184,945
179,154
232,067
325,908 441,678
112,053
168,745
186,323
176,707
235,698
335,125 439,111
sion.
Colorado, too, had several set-backs iu 1899. April
314,160 444,933
May
116,912
169,774
194,581
195,008
248,305
344,670 445,763
122,907
168,162
200,942
193,641
251,529
Prominent among them was the smelter strike, begin- June
July
126,169
167,953
199,453
203,874
242,479
359,343 456.474
136,069
376,912 459.710
174,977
203,573
212,430
259,603
ning in June and continuing for almost two months. August
September
129,585
176,708
194,765
202,562
262,150
384,080 411.762
400,791
136,683
173,379
192,662
199,891
274,175
That in some measure, we presume, explains the com- October
November .... 138,640 175,304 19.5.219 201,114 297.124 393,311 300000
plaint that the smelters have not been able to treat December
146,357
182,104
310,717
178,429
201,315
419.504
" Denver Republican
Totals
1.478,477 2,024,163 2,277.641 2.280,892 3.034.679 4.295,607 4,213,813
the
ore produced; the
• Estimated.
says, there is now on hand several million dolThe above figures show that up to October 1 1899
lars' worth of ore produced but not treated in excess
of what was on hand at the commencement of 1899. production in that year had reached a total of 3,913,**
During a period of sixty days but two smelters were 813 gross ounces, against only 3,082,001 gross ounces
continues.
It has a population
(
]
(
show a decided
in operation." California also ought to
growth. That State has made a strange record since
1893, considering the position it had always theretofore held as the leading gold producer.
In 1894 its
production of that metal, according to the Mint figures, was $13,570,397; in 1898 the same authority
made it $15,637,900; for 1899 the estimate is only
Of course its mining sections have been
$14,952,392.
prospected and worked over more than those of any
other State. But there must be vast opportunities
We
have heard]of no serious impediment except
the prolonged drought in the Mother Lode. Prom
the information now at hand it seems as if new activity was in evidence at various points in the State and
that the promise of growth in production was certain
to be realized the current year.
Africa. As a direct result of the war and consequent practical suspension of mining operations in
the Transvaal and adjoining districts, the gold output of Africa shows a small decrease for 1899. Africa,
therefore, temporarily is supplanted by Australasia as
the chief gold-producing country of the world. The
results reported by the Rand mines from month to
month up to the beginning of hostilities were
left.
—
so largely
in
excess of
the
returns
for
the
cor-
for the nine
months
of 1898.
In the districts outside of the Rand proper but contiguous thereto production has also been seriously
interrupted or stopped entirely since the war began.
The Rhodesian mines, however, being furthest removed from the seat of hostilities, lying to the North
of the South African Republic, have been but little
In fact this new field, from which no reaffected.
turns of importance were received until near the close
of 1898, contributed about 65,000 gross ounces to the
1899 product. Collectively the outside districts have
produced approximately 306,000 fine ounces, or 35,000
The following shows
fine ounces less than in 1898.
in fine ounces and values the development from year
to year since 1877 of gold production in Africa.
AFRICA'S GOLD
PRODUCTION—FINE OUNCES.
Witwa tersra nd—
£
Ounces.
-
fear.
28.754
1887 (part year) ....
190.266
1888
316,023
1889
407,750
1890
600,880
1891
1,001,818
1892
1,221,151
1893
1,637,773
1394
1,845,1.'?8
1895
1,857,071
1896
1S97
2,491,55a
)8n8.
1899
Total
3,562,813
3,543.806
18.704.774
122,140
808,210
1,312,404
1,732,041
2,552,333
4.255,524
5,187.206
6.956,934
7.837,779
-Other-
Ounces.
50.000
50,000
71,552
127,053
143,701
159,977
227.765
270,000
293.035
326,941
341,908
306,784
212,390
212,390
303,939
539.691
631,652
-Total£
Ounces.
122,140
28,754
1,020,600
240,266
1,554,794
368,023
479,302
2,035,980
8,092,024
727,912
1,150,519
1,381,128
967,500 1.805.538
1,146,906 2.115.138
1,244,755 2,150.106
l,3s8,780 2.818,493
1,459,354 3,804,721
1,898,909 3,849,589
4.887,178
6,»66,76d
7.924,434
8.984,686
9.133,220
11,972,396
16,688,478
16,862,284
79.l64.142 2,b72.716 10.C78.819 21,077.489
89.642,961
7.8.S8,46,S
10,583,016
15,1^4,116
15,063,375
679,5.50
This indicates that the entire production of the
no reason to doubt that the year's gain in pro- African mines for the thirteen years since the first
duction would very considerably exceed the gain opening was made has been 21,077,489 fine ounces,
in 1898.
valued at £89,542,961.
responding
periods
of
1898
that
there
was
left
THE CHRONICLK
Russia. — Only partial returns
The future of the South African gold production
February
10,
1900
is
conjecture so long as the war
There seems at present a very poor proscontinues.
Consequently
pect for any speedy return of peace.
in estimating the world's new supply in 1900, the
of course a matter
259
]
of
ceived from the Russian mines.
enough information
have as yet been reWe have, however,
make up what
to
will,
we
believe,
prove to be a close approximation to the actual result.
It seems that there has been little or no change in the
South African contribution made up on the basis of volume of the output. As we have stated in our into-day's promise, would be limited to a very trifling troductory remarks in a previous column, Russia is
amount.
Australasia. Further evidence of the rapid progress gold mining is now at length making in Australasia is to be found in the returns from the various provinces of that country for 1899. The new development
—
the only one of the important producers which has
made no progress of late years. Each year it is ex-
pected that mining will be more vigorously prosecuted
in the Ural Mountain and Lena Valley districts, but
such having
The average yearly output in the
there has been chiefly confined to the last three years, been the case.
We estia period during which producers almost everywhere seventies was greater than it is at present.
have made special progress. In 1899, also, Australasia mate the yield at 1,225,000 fine ounces. The comby reason of the check the war has caused in South parison this total makes with recent years is shown in
—
— has
time being at least assumed
Of all
the leading position as a gold producer.
again distinguished as
the colonies, Westralia is
showing the greatest increase; in fact the added
output of its mines in 1899 is almost as great as
the gain in all the colonies for 1898, production having risen from 1,050,182 gross ounces in 1898 to
Large gains are also
1,643,875 gross ounces in 1899.
to be noted in New South Wales and New Zealand; in
Victoria and Queensland production has increased to
a moderate extent.
The yield of all the colonies for
1899 was 4,173,940 fine ounces, against 3,254,443 fine
ounces in 1898 and 2,690,278 fine ounces in 1897.
Below we give tables indicating the product 'of each
colony, the first table in gross ounces and the second
table in fine ounces.
The figures are in a few cases
in part estimated, but are no doubt close approximations.
In obtaining the fine ounces 8 per cent has
been deducted for base metal in each year since 1894,
but for previous years the reduction is a trifle more,
being estimated for each province on the basis of the
Africa
for the
the
give no evidence of
official results
the following table which covers the last eight years
Russia's production in 1892
" 1893
Russia's
" 1894
Russia's
" 1895
Russia's
" 1896
Russia's
" 1897
Russia's
" 1898
Russia's
" 1899
Rassia's
Canada, which
$24,702,212
27,808,201
24,103,396
28,894,360
21,535,757
23,245,666
25,463,337
:... 25,322,955
in 1892 reported a product
gold-mining industry that now
it stands fifth in the matter of yield and bids fair
within the next year or two to pass Russia. Although
its mines comprise the whole of the vast territory
known as British North America, all but a comparatively small part of its aggregate product comes from
the Yukon district.
From that section alone the
1899 yield was approximately 117,000,000, and mines
rapidly developed
its
Columbia, Nova Scotia, Ontario, &c., contributed sufficient gold to bring the total up to about
in British
$18,500,000, or 894,934 fine ounces.
1890.. 588,560
127,460
153,335
156,870
1891.. 676,399
1892.. 054,456
1893.. 671,126
1894. .673,680
1895.. 740,086
179,238
324,787
360,165
296,072
292,217
341,722
Australia. Zealand. Australia, nia.
610,587
34,209
193,193
24,831
20,610
661,641
30,311
251.996
28,700
48,769
605,612
59,548
237,392
38,974
43,278
616,940
110,890
226,811
33,820
37,687
675,000
207,131
221,533
35,844
57,873
631.682
231,513
293,491
54,964
47,343
638,212
281,265
263,722
29,004
62,586
807,928
683,603
261,644
10,322
60,735
918,100 1,050,182
280,176
90,000
20,080
947.600 1,613.875
470,410 *25.000 85,000
land.
tratasia.
1,599,350
1,651,151
1,796,130
1,876,562
2,195,848
Ounces.
Values.
returns made to us.
Canada's production in 1892
"
" 1893
Canada's
PBODUCT OF GOLD IN AUSTRALASIAN COLONIES— GROSS OUNCES.
"
" 1894
Canada's
New St. Queens- Western New
South
Taama- Total Au$"
"
Wales.
of but
43,905 ounces, and whose mines gave a yield of only
92,440 ounces in 1895, has in the last three years so
Canada's
Canada's
Canada's
Canada's
Canada's
1,042,100
1,910,900
2,«17,000
6,089,500
13,838.700
18,500,000
1895
" 1896...
" 1897
" 18S8
"
"
"
"
" 1899
Mexico has further enlarged
2,359,244
43,905
44,853
50,411
92,440
136,274
294,582
669,445
894,934
$907,600
927,200
ofl&cial
Yrt. VicUyria.
:
Ounces.
1,199,809
1,345,224
1,167,455
1,397,767
1,041,794
1,124,511
1.231.791
1,225,000
Values.
its
gold output, the re-
having
been about $11,000,000, or
Prior to 1895 the yield was
532,126 fine ounces.
1898. .837,258
8,537,438
1899,. 854,500
509,418
small—less than 11,500,000, or 72,563
4,636.t03 relatively
Estimated.
fine ounces; since 1895 the production has more than
PRODUCT OP GOLD IN AUSTRALASIAN COLONIES—FINE OUNCES.
New So. Queens- Western New South Tasma- lotal Am- doubled.
Trt. Victoria. Wales.
land. Australia. Zealand. Australia, nia
tralasia
India shows a moderate gain in production the past
1890.. 554,225
116,774
531,096
30,603
180,968
1,45,3,172
21,541
17,965
1891.. 530,287
141,069
516,710
27,888
231,837
1,518,690
26,404
44,497
year.
Development in this country has not been very
1896.. 805,087
1897. .812,765
1892.. 602,100
1893. .612,467
142,227
163,571
1894.. 819,786
298.804
1895.. 680,879
331,352
272,386
1898.. 740,680
1897.. 747,744
1888. .770,377
268,840
314,385
1899.. 788,140
488,<i65
645,051
562,649
621,000
54,785
101,132
190,581
581,147
212,992
587,155
258,764
743,294
633,515
814,652
9^6.167
871,792 1,512,365
218,4 01
206,862
203,810
270,012
242.624
231,512
257,762
432,778
35,857
30,844
33,976
43,556
26,684
9,497
18,400
23,000
39,817
34,377
53,243
50,567
57,579
55,876
f2,800
78,200
2,375,918
1,638,238
gold as in 1899.
A
2,690,278
3,254,443
4,172,940
Gold from ''Other Countries." But little space
remains in which to refer to " Other Countries." The
information we have at hand, however, indicates that
in a number of them gold mining is making material
progress.
The Klondike fields in the extreme North
fair
from 209,919
of yield given in gross
The statement
ounces has been as follows for
six years.
EAST INDIA— GOLD PRO DCrCTXON PRINCIPAL MINES.
18P8.
1899.
1897.
1896.
1895.
Ounces. Ounces. Ounces. Ounces. Ounces.
159,101 140,153 123,926
85,995
70,963
61,?8J
52,586
55,819
65,675
70,349
63,444
155,786 159,374 127,567 107,781
43,654
41,534
44,925
38.623
58,377
7,556
414
176
2,851
306
10,349
Wynaad... 4,358
5,225
6,100
3,976
3,503
8.160
12,800
6,296
245
613
1,973
1,073
2,852
Champion Reef
Ooregum
Mysore
Nundydroog
Balaghat Mysore
Mysore West and
Coromandel
Mysore Reefs
Yerrakonda
Nine Reefs
Mysore Gold Fields
Wondali (Deccan)
...
84
, ,
4.661
2,440
224
1,798
62
320
7.SiO
447,971
417,124
389,779
321.878
250,114
53,518
68,424
52,115
29,656
5,671
265
273
1.296
2,488
1,894
1894.
OuncM.
209,919
SIliVEK— PRODUCTION OF THE WORLD.
Official results
with regard to silver are not procur-
able at this early date.
We
have announced in this
prominent and Mexico and column for a number of years that satisfactory estiadditions to their 1898 totals. mates of the production of that metal so soon after
are becDming increasingly
made
yield since 1893 has risen
gross ounces to 447,971 gross ounces.
2,170,505
2,185,872
however, is confidently looked for and advices from
the colonies are full of promise. Of course the addition will come mainly from Westralia, where the ore
appears to get richer as the deeper levels are reached.
India have
The
rapid.
considerable addition,
—
1899
2,020,180
would perhaps be too optimistic to predicate for
1900 greater or even as great a development in the
of
for
1,711,892
It
yield
sult
2,924,214
THE CHRONICLE.
260
[Vol.
LXX.
the year closed could not be secured. In some cases
even much later data obtained by us direct from
the producing countries have turned out to be quite
incomplete; that is they "were found to be considerably
year, while the conditions in that respect were by
what the exports, mintage and consumption figures warranted.
A prominent defect of this
kind has for a long time been a feature of
the returns received from the South American
ing adversely the operations of the roads; in Colorado
the snow blockade at that time was one of the worst
they have proved, according to our view,
evidently
excessive that we have on several
so
occasions expressed that opinion with reference
to them.
Moreover, we now see that Mr. Roberts,
Director of the United States Mint, has this year re-
rains
means
no
bad in January as they became in February,
when we had the great blizzard sweeping over the
country, there were some serious disturbances, affect-
in excess of
as
ever experienced, it continuing in certain sections of
the State until the following May. In the Southwest
States;
and generally bad weather were then reported.
of any such interruptions in 1900 must
The absence
have been a decided advantage to the carrying interest, an advantage which should be reflected very
strongly, too, in the net earnings, since such intervised his table of returns of the world's silver pro- ruptions act both to curtail the gross income and to
duction for the years 1896, 1897 and 1898, materially augment the expense accounts.
But while these various favoring circumstances
reducing each of those aggregates. Under these circumstances we consider it desirable to omit our usual readily explain the improvement recorded, special
summary (from 1871 to 1899), holding the statement significance is given to it by the fact that it has ocback for a general revision. This we do because, if Mr. curred in the face of a great falling off in the moveRoberts's revised figures (for 1896-1898, both years in- ment of those two leading staples the grain moveclusive) are correct, and we presume they are, our ment in the AVest and the cotton movement in the
Last year and the year before the grain movetotals for previous years, so far as they are affected South.
by like erroneous returns, are faulty and misleading. ment played a very important part in swelling the
We give below the revised statement of Mr. Roberts revenues of the roads. The contrast now is noteworthy and important. The falling off in the grain
for the three years named.
SIIiVER.—WORLD'S PRODUCTION IN OUNCES AND STERLING.
receipts the present year at the Western primary
United
All other
Total
Fine
States.
Mexico.
Australia. Countries.
Total.
Values. markets has been of large dimensions.
Of wheat the
£^
Ounces.
Ounces.
Ounces.
(nmces.
Ounces.
Ounces.
1896
receipts for the four weeks ending January 27 1900
58,834,800 45,718.982 ia.238,700 40,268,888 157.061,370 19,969,882
1887
53,860,000 63,903,180 11,8:8,000 44,4S1,«92 164,073,172 18,885,600
were but 10,763,429 bushels, against 17,140,530
1898
... 54,438,000
56,738,000 12,021,682 42,097,890 165,295,572 18,624,165
bushels in the corresponding four weets of 1899, and
t Values of silver In this table are commercial values and are computed on the average price each year of silver as given by Messrs.
of corn the deliveries were 15,208,703 bushels, against
Fixley & AbeU. London. Value of iS in this table $4-8665.
There was some increase in one
28,729,730 bushels.
RAILROAD GROSS EARNINGS FOR
the other cereals, but taking wheat, corn,
or two of
—
...
...
JANUARY.
The opening ^month
oats, barley
new year was
and rye together the receipts for the four
weeks were but 41,945,475 bushels the present year,
auspicious one for the railroads of the United States. against 60,494,060 bushels in 1899. In other words
Our statement for that month, compiled this week, there was a contraction in this item of traffic in the
ranks,
in
of the
the results disclosed,
among
a very
the very best amount of
18|^
million bushels.
Details appear in the
Only a few days have elapsed following table in our usual form.
since the close of the month, but we have returns RECEIPTS OF FLOUR AND GRAIN FOR FOUR WEEKS ENDING JANtJART 27.
from companies operating nearly a hundred thousand
Flour.
Oatt,
Barley,
Bye.
WJuat,
Corn,
(bush.)
(buth.)
(muh.)
CbhU.)
(.bush.)
miles (99,922 miles), and the aggregate improvement
Cilcaso—
218.525
882,716
in the revenues of these companies, as compared 1900
1.348,084
8.119,650 7,068,718 1,867,110
ever published by us.
"With
the corresponding
cess of six million dollars
month
673.419
is
in ex-
6,420,426
1,361,060
412,676
628,600
915,300
216,260
824,460
886,400
727,600
1,165,660
787,850
109,200
167,700
120.570
81.125
284,838
683.642
1,207,96(1
2,291,866
1,292,780
769,200
259,500
208.260
41,250
48,300
60,940
162,826
500,183
1.744,642
1.769,672
217,000
116,730
68.500
6,88S
18,000
38,288
10,800
18,300
183,228
308.781
358,541
118,066
116,563
56,646
52,578
27,458
14,793
33,882
87.394
178,872
1900
1899
St.
836.174
573,78j
645,496
363,887
44,850
62,400
1,192.800
1,447,760
620.700
487,450
237.160
198.76U
17.400
16,000
767,771
2,764,171
234,36e
987,252
10.377
664,041
61,498
102,52E
16,226
111,948
6,833,840
7,179,736
680,330
2,176,890
703,76r
1,843,140
198,480
34,790
562,0tl0
611,000
710,760
165,000
187,000
3.888,378
467,183
827,789
Louii—
1900
1899
Toltio—
—
1900
1899
Ottroit—
190"
1899
GlevelanA—
—
For instance, either by changes in classification or by
direct advances, rates have been higher than a year ago.
The month in 1900 also had one more business day,
January this year having contained only four Sundays, while January 1899 had five.
Still another fact
should not be overlooked the weather was decidedly
propitious, the winter having been an open one and
12.830,863
Uilwaviket—
— $6,671,118.
Moreover, the
improvement has been so general and widespread that
only 10 of the 109 companies reporting have failed to
share in it that is, only 10 roads out of those cocitributing returns have sustained a decrease in their
gross receipts.
In ratio the increase is over 15 per
cent 15'14per cent.
It can Dot be said that the outcome is any different
from what had been looked for. The great activity
of our industries had led us to expect just such a result.
This prosperity of trade acts not only to swell
the volume of the freight traffic (and particularly the
merchandise traffic, which bears the most remunerative rates), but it also tends to enlarge the volume of
the passenger traffic.
There were, too, some other
favoring factors and circumstances the present time.
2.796,745
47,336
97.360
1899
of last year,
1900
1893
Ptoria—
65,150
37,500
1900
1899
Z)ulut?>—
1900
1899
Hinneapolis1900
1899
Kansas Oity1900
1899
36,83f
13,586
1,800,700
lotalof all—
\
'
1900
1899
Not
1,324,241
928,162
10,763,429
17,140,530
16,208.703 11,617,784
28,729,730 11,116.118
so large a proportion of the loss
2,680,88:1
as
usual haa
upon Chicago, the principal receiving point.
even at Chicago the decrease has been very conStill,
Taking the figures in this case for the
siderable.
fallen
even month, we get aggregate receipts of not quite
21 million bushels in 1900, against nearly 26
million
The live-stock movement, as it hap
was somewhat heavier. The deliveries of hogs,
pens,
the weather extremely mild. Scarcely a complaint as may be seen by the following, were 880,896 head,
has reached us from any quarter on this score. Last against 846,279 head; and we may say that the live:
bushels in 1899.
8
..
February
.
.
.
.
.
.
THE CHKONICLK
10, 1900.]
261
We
stock deliveries as a whole at Chicago reached 25,492
car-loads, against 22,988 car-loads.
annex six-year comparisons for some of the
They are arranged in groups,
well-known roads.
SB0EIPT8 AT OHIOAGO DHBINO JANUARY.
according to their location, making the comparisons
more interesting and
instructive.
BARNINOS OF TRUNK LINES.
January.
1896.
1897.
1898.
1899.
1900
1806.
1,006,844
684.437
9.085.822 13.918,361
7.041.301
7.966,328
441,526
229.226
8,061,784
4.210.269
877.630
8,437,579
4.360,489
7.882,686
6.512.202
7,782,837
3,429,444
B.&O.S.W.
241.950
195.373
104,680
128.204
1.482,460
1.549.612
1,333,537
1.340.749
1.043,915
1,476,76«
Corn... bush.
Oata...bush.
792,502
Total Brain 20.971.137 25.808,602
18.74a.6S6
12,815,817
18,523,425
9.764.844
707,674
10
312.039
367
188.323
222,287
167.183
D.G.H.&M
106
222
632
Cutm'ts.lbs. 17,041.006 16.001,380
19,349.797
13,346.355
17,030,780
14,467.073
N.Y.C.& H+
Wabash....
8,296,644
6,608.370
757.245
6.611,785
763.904
7,791,701
707.692
7.191,885
878.115
...bush.
2,212.99.')
Barloy.busta.
Flour
1.170.516
434
..bbls.
Pork....bbl8.
Ijard
5.387.380
880.896
lbs.
Live hOKsNo
846,279
In the cotton movement in the South, there had
been a decrease last year, which makes the further decrease the present year all the more striking. At
the Southern outports the arrivals were only 722,526
bales in 1900, against 826,870 bales in January 1899
and 1,030,393 bales in January 1898. The overland
shipments amounted to 203,647 bales, against 323,563 bales in 1899 and 266,041 bales in 1898.
BKCGIPTS OP COTTON AT SOUTHERN PORTS IN JANUARY, 1900, 1899,
1898. 1897, 1896 AND 1895.
January.
Porti.
1900
Qalveston
Texas
ew Orleans
1898.
1897.
1896.
114,968
10,607
214.9S5
38.234
16.686
77.831
10.028
25.876
83,861
18.383
186,04?
152,118
&o
Mobile
218,054
226.884
24,013
247.312
34.419
oaies
City,
1899.
14,262
10.169
284,086
29,602
453.894
61,555
24.614
31,678
107.303
108.715
19,622
21,903
44.474
39,026
21.992
26
3.539
41.848
1,298
Wilmington
Washington. Ac
24,197
71
12,685
134
Norfolk
40.294
67,729
168
48.525
1.344
2,690
826.870 1.030,393
80.698
8.193
49.480
1.664
583,231
Florida
28.503
BaTannak
119.721
Brunswick, ko
Charleston
Port Royal. Ac
,
Wewport News. 4c
7.300
723.526
Total.
17.128
1896.
217.681
2,908
323,«e8
33.788
1.418
22.607
43.827
22,777
23,682
8.816
5,584
17.274
12.3&4
77
16.103
64.205
last year
and
also the year before.
The
Earnings.
Tear
Tear
Oiven.
Preceding.
1808
1897
1898
1899
1900
Precedina.
MOea.
Miles.
(181 roads)
93,822
96,271
93,293
(129roaQ3)
(130 roads)
(123 roads)
'109 roads)
The
in
04,708
99,082
96.670
100,071
97,859
99,922
97,759
$
37.686.489
34,977,629
42,627.134
44.380,263
60.737,792
increase
$
Inc. 3.732.448
Dec. 2.543,101
Inc. 6.043,668
Inc. 2.942,468
Inc. 6,671.118
t
33.954.041
37.520.730
38.483.516
41.417.800
44,036,674
gains by the separate roads are naturally large
numerous
instances.
In fact practically all the lead-
We
ing systems are distinguished in this way.
show
changes for the individual roads exceeding
$30,000. As there are no losses by any road for as much
below
all
made up of gains.
GROSS EARNINGS IN JANUARIT.
as that, the list is entirely
FRENCIPAL CHANGES IN
Increases.
N.Y. Central
Louisville & Nashville
IlUuois Central
Northern Pacltlc
$460,458
Southern Rallw^ay
Gt. Northern System.
Mexican Central
Canadian Paciflc
Ohio. MiL & St. Paul..
01eve.Cin.Chlc.&8t.L.
Norfolk & Western
Grand Trunk System.
Missouri Paciflc
Wabash
Chesapeake & Ohio...
Mobile & Ohio
Hocking VaUey
Minn.8t.P.&8.8teM..
Kan. C. Ft. 8. & Mem.
Lake Erie & West
St. Louis <fe San Fran,.
Denver & Rio Grande.
Ohio. Indpls
& Louisv.
Colora do Midland ....
* For three weeks only.
409,4
342,273
337,773
336,901
333,740
304,059
286,430
260,402
260,196
221,420
213,923
200,179
176,092
173,033
164,478
130,632
95,660
87,029
8b,822
82,841
82,500
81,628
76,872
1
Increases.
Rio Grande Western*.
—
Chicago & East 111
Toledo & Ohio Central
Peoria & Eastern
Chic. Great Western..
Wheelina: & L. Erie....
Buffalo Roch. & Pitts.
Mexican National
Nash. Chat. & St. Louis
N. Y. Ont. & Western..
Cin. N. Oris. & Texas P.
Texas & Paciflc
Yazoo & Miss. Vail . .
Ohio. Peoria «fe St. L...
Elgin Joliet & East'n.
Vandalia System
Clev. Lorain & Wheel.
Central of Georgia
Louisv. Ev. «& St. L
Baltimore & Ohio S.
W
4,250.319
8,789.861
1.314.582
1.138.490
3,407,806
941,752
9.452.270
8.245,697
7,721,860
7,045,606
RB. and Walkill Valley RR.
1900.
1809.
1808.
1897.
«
146,041
%
128,483
357,703
487.100
322.930
178,6ee
111,114
360,117
297.968
$
142,135
283.199
08.500
250.438
398.234
356,476
2,786,065
2,423,792
238,480
January.
Ann
Arbor....
Buff.Roch. & Pitt
Chicago* Bast 111.
Chlc.Ind.A Louisv.
Elgin Jol.(k Bast..
60.793
256.438
113,496
52,745
6.660.645
5.636.400
6,316,219 4,533,911
vansv.&TerreH.
Hocking Valley...
Illinois Central t
.
Long Island
lion.Bvans.A St.L.
S. Y. Out. & West.
Pltt8b'g& West'n.
Tol. & Ohio Cent..
Tol. Peo. & West.
187,766
101,984
229,485
243,801
149,e4S-
219,848
131,181
195,831
86,417
&L. Brie..
Can. & So..
Total
80.885
143.998
2S2.500
166,283
4K.C..
West.N.Y. &Pa..
Clev.
117.219
322,374
375,555
247,118
roi. St. L.
Wheel.
338,389
196,605
76.971
85.251
178,097
148,791
1896.
$
«
85,650
t
225.358
117.642
95,456
211,605
2,278,720 1,89S,262
196,Q7C
237,491
88,032
119,884
256.869
267,787
161.796
188,393
145.044
147,712
71.201
75,691
163,113
148,574
205,994
128,956
76,838
122,048
41,718
63,193
241,302
1896.
255,914
361.422
233.419
107.342
98.300
202.634
1.920.629
205,961
109,860
272,260
186,778
144.450
88,495
156,535
199,178
100,680
44,893
82,994
238,208
333,057
216,400
80,602
74,732
204,603
1,717,767
210.206
100.563
276.725
166.663
140,424
79.671
110,443
217,217
101.359
50.140
4,773,198 4,402.802
t Includes the operations of the St. Louis Alton & Terre Haute for all th«
years. The Chesapeake Ohio & Southwestern and Ohio Valley are included for
1900. 189y. 1898 and i897. and Chicago & Texas for 1»00. 1899 and 1808. Results
on Yazoo Branch are not included for 1900, 1809 and 1898.
BARNINOS OF NORTHWESTERN AND NORTH PACIFIC GRO CP.
January.
t
172.780
210,590
•1.970.151 •1.632,378
1.440,049
95,105
98,255
354.955
167.147
353.472
1,864.670
448.445
2.960.409
152,066
1.984,993
1.661.233
174.138
193,905
Ohio. Gt. West....
Ohio. Mil. &8t.P..
162.301
3,210.811
Duluth S.S.&Atl.
Great Northern..
Iowa Central
Mlnn.& St. Louis.
M.St.P.&S.S.M.
Northern Paciflc
338.250
Isl.
92,376
107,642
104,214
114,407
381.'598
358,262
St. Jos.
*
1897.
t
$
303,329
1,672,372
369.236
2,361,297
114.128
1,366,414
138.728
148.512
283.083
<
380.068
2,161.000
509.827
Barl.0ed.R.& No.
Canadian Paciflc.
&Gr.
1898.
1899.
1000.
11.644,104 10,205,140 8.718.468
Total
Includes proprietary lines in these years.
299,107
1896.
$
892,706
1,474.798
868.153
318,160
2.010,450 2.329.623
132.818
97.538
1.031.415 1,112,481
167,472
114,932
145.878
127,477
240,081
188.830
958.868 1,163,922
48,903
78.504
''0.737
96.625
281,788
273.495
1.312.924
6.901.432
1895.
$
279,711
1,171.036
247,418
1,894,879
118,550
881,938
11P.583
119.142
162,056
1.017.813
48.247
82,708
245,218
7,945,246
6,387,70
1896.
1896.
BAKNINQ8 OF SOUTHERN GROUP.
January.
1899.
1000.
$
166.280
522.698
064.353
146,789
146,391
$
158,636
509,214
924,410
358,716
131,544
125,702
2,338,106
1,928,687
1,807,684
642,400
577.907
377,922
622,690
946,142
373,134
t
Alabama
Gt. So.
Cent, of Georgia.
0hesap.(fc Obio...
181,806
543,174
1.097,443
Cm.N.O ATei.P.
406.624
Georgia
San.C.Mem.&Blr.
LonlBV. & Nashv
Mobile &Ohio+...
1898.
832.836
144,048
139,406
1897.
«
135.174
508.630
918,249
263.282
146.131
116.474
1,602.516
322.798
413.051
882.070
462,072
NaBh.Chat.& 8t.L.
915.747
Norfolk & West.b 1,167,662
1,585,983
Southern Ry.
c2,593,810 c2.256,909 1,852.630
Memphis Dlv.
,:l
101,985
I
132,530
423,902
622.551
781,104
940.124
270.268
276,602
108,498
154.284
92.711
115.56e
1,688,537 1.602.102
270.699
299.922
382,804
463.698
8'<!2,199
975.68?
1.630.966 1.496.297
86,283
122,01fc
$
124.697
9,741,011 8.238.571
7.669.881 8.974,303 7.314,337 6.469,347
Total
+ Includes Montgomery Division In 1900 only.
„
^
„ *,,
b Including Scioto Valley & New Kngland and Shenandoah Valley for all tne
* t'ourth week not reported
taken same as last year,
years.
c Figures for 1900 and 1899 include SoutQ Carolina & Georma. Mobile *
Birmingham and 161 miles of Atlantic & Yadtciu. and Atlantic & Danville.
„
;
$76,400
68,866
64,650
63,818
61,382
60,840
59,737
59,583
55,217
53,181
49,909
46,450
46,325
45,722
40,860
39,599
38,300
33,960
32,429
32.186
Total (representing
47 roads)
1.606,066
$
501,776
1,063.614
132,057
1.269, 169
68,818
3,123,376
905,907
BARNINOS OF MIDDLE AND MIDDLE WESTERN ROADS.
Increase
or
Decrease.
Tear
Oiven.
7.667.322
147.018
St.PaulA Duluth.
Wisconsin Cent'l.
Tear
6,960,887
1.088.673
472,493
1,056,721
125,407
1.292.160
t Includes after July 1, 1898. the Beech Creek
1, 189m, the Fall Brook system.
34,627
was not exceptionally large, but amounted
nevertheless (on the roads reporting) to almost three
In 1898 the gain exceeded six million
million dollars.
Following carries comparisons back to 1896.
dollars.
Janu<iry.
1.810.088
494.091 "867,07
last year
Mileage.
76,199
3,093.848
835,059
506.648
1899.
and after July
88
The reader need hardly be told that the improvement in earnings shown this year follows an improve,
ment
70,078
$
489.817
1,102,260
154.799
1.327.862
72.844
3,433.144
978.806
53.498
11,018
91
T
1,680,986
Total
85.243
60,094
6,736
524,294
1.041,832
145.055
1896.
1897.
$~
$
$
E66,480
1.302.028
208,873
C.C.C.&StL
Peo.&East
G.T.of Can.
Rye
1898
1899.
1900.
January.
2,924.964
Wheat bush.
$6,234,173
EARNINGS OF SOUTHWESTERN GROUP.
1£00
January.
i
Midland.
212.872
Den.&RioGr.
Ft.W. &D.C.
799.800
•144.097
lnt.&Gt. No,.
K.C.F.8.&M..
Mo. K. & Tex
Mo.P.AIr.Mt.
R. Gr. West
8t. L. & S. Fr.
330,003
425,854
1,012.020
Col.
.
St.L.
Southw.
VexasA
Total.
t
•
Pao.
1890.
S
135,600
717,300
129,900
335,662
1898.
t
1807.
$
135.446
127,549
644,627
114,640
331,296
401,699
485,105
83.334
1896.
«
149,467
589,536
74,602
270,909
388,069
1,007.628
1,024.492
2.383,550
•310,600
2,183.371
2.205,681
234,200
231,583
650,156
602,800
764,569
587,315
502,554
718,119
624,812
478.494
714.715
268,672
357,961
959.651 1,016,639
1,834,890 1,860.574
160,259
175.795
492.866
416,640
438,250
390,73V
606,492
615,480
7,549,821
6,875,174
6.807.484
6,714.718 6.027.733
338,826
Galveston Houston x Henderson included tor this year.
Fourth week not reported taken same as last year.
;
1805.
$
111,994
531,616
00,610
t323,700
356,746
953,608
1,707.133
145.763
463.219
464,461
656,940
T.786.608
6
. ) ..
. .. .
)
IHE CHKONICLE.
262
GB088 EARNINGS AND MILEAGE IN JANUARY.
Name
of Road.
1900,
1899.
Increase, or
Decrease,
1900.
LXX.
ITEMS ABOUT BANKS, BANKERS AND TRUST CO'8
—The sales of bank stocks
Mileage.
Qross EarninQS.
[Vol.
801 shares.
1899.
No
The transactions
sales
at auction this
were made
in trust
company
week aggregate
at the Stock
Exchange.
stocks reach a total of 190
Brooklyn companies, and were
auction sales. The dealings in National Citizens' Bank
stock (par $25) represent more than half of the total number
of shares traded in. An advance of 245% points is recorded
by the sale of 2 shares of National Union Bank stock at
shares, including 35 shares of
all
Alabama Gt.Bouth'n.
181.806
146,041
Atlanta Knoxv.&No.
32.103
Atl.Valdosta AWest.
17,893
Bait. & Ohio Soutliw.
556,480
Buff. Rooli. & Pittsb..
357,703
Burl. Ced. R. &No...
360,968
Canadian Paclllo
2,151,000
Central of Georgia..
543,174
Chattan. Southern*..
4,995
ChesapeaKe & Ohio.. 1,097,44?
Ohio. <te East Illinois.
467.100
Ohio. Great Western.
509,827
Chic. Ind. & Louisv..
322.930
Ohio. Mil. <fe8t. Paul. 3,210,811
Ohio. Peoria & 8t.L.
139.188
St. L.Chio. & St.P.
Ann
Artior
\
Chic. Term. Tr. RR..
Choc. Okla. & Gulf.
Cln. N.O. & Tex. Pao*
Olnn.Portsm'th & Va.
01ev.Cin.Ch.&8t. L..
Peoria & Eastern
Olev. Lorain & Wheel.
Colorado Midland ...
Colorado Southern.*.
Ool. Sand. & Hock'g.*
Denv. & Rio Grande.
Dul. 8o. Shore <fe Atl.
Elgin Joliet&East..
Bvansv. & Indianap.
.
& T. Haute.
Fla. Cent'l & Penin..
Ft, Worth & Den. O."
Ft. Worth <feRio Gr..
Gadsden & Att. Un..
Bvansv.
Georgia
Georgia
+ 23.170
158,636
126.483
+19,558
+ 4.692
27,411
6,535
+ 11,358
+ 1,906
1,136
6.678
1,524
106
1,445
648
648
930
930
+61,382
547
537
+81,628
+260,402 6,376 6,154
390
390
+45,722
102
+7,410
93
272
272
+6,042
336
336
+49,909
111
111
+6,950
+260,196 1.838 1.838
+63,818
362
352
192
+38,300
192
+76,872
346
S46
+27.124 1,142 1,142
273
273
+19,805
+82,50('
1,673
1.673
+15,091
+40,860
—2,214
+9,180
+14.197
—12,983
589
194
146
174
940
453
146
589
194
146
167
940
453
146
+160
11
11
+15.245
307
+5.019
458
+213,923 3,707
+304.103 4,598
—3,344
353
+32,981
262
+2,297
75
34f
+130,632
307
458
+ 8,168
Montana Central.
Gulf Beaum't& K.C.
Hocking Valley
h342,273
+3,441
+ 4,720
+11,834
+2,737
+14,489
+87,029
,
+ 19.689
W
Total(109 roads).
105
1,445
310
292
228
117
921
338
+ 68,866
Eastern of Minn..
.
1,136
6,952
1,540
+173.033
Gr.
173,822
177,166
213,611
180,630
22,452
20,155
229,48f>
360,117
Illinois Central a
2.766,065 2,423,792
Internat'l& Gt. Not.
335,56^/
839,003
Interoceanic (Mex.).'
220.000
215,280
Iowa Central
174,138
162,304
Iron Railway
6,794
4,057
Kanawha & Mich .
63,089
48,600
Kftn.C. Ft.8. &Mem..
425,854
338,825
Kan. C. Mem. & Bir.
145.391
125,702
Kan. City &N.
32,845
25.595
Kan. <\ly & Omaha..
16,515
21,579
Lake Erie & Western.
361,251
274,429
Lehigh & Hud. River.
42.889
44,978
Long Island RR
242.801
236,480
Los Angeles Term'l.
7,816
7,309
Louisv. Evans. &8t.L.
117,21i149,648
Louisv.Hend.&St.L..
53,978
41,597
Louisv. & Nashville.. 2,338,10.!) 1,928,687
Macon & Birming'm.
6,056
5.371
Manlstiaue
8,121
6,87V
Mexican Central
1,527,84b 1,223,790
Mexican National.
609,973
550,390
Mexican Railway*.
241,300
258,800
Mexican Southern*..
42,720
38.184
Minn. &8t. Louis
196,905
172,780
Mlnn.8t.P.<fc S.Ste.M
336.250
240,591
Mo. Kan S.& Tex. ays 1,012,020 1,007,52&
Mo. Pac. & Iron Mt. 2,297,032 2,097,497
Central Branch
91.518
90,874
MoDile&'Ohioce
542,400
377,922
Nash. Chat. & St. L..
577.907
522,690
H.Y.Cen.&Hud.Riv.: 4,250,319 3,783.861
N. Y. Out. & West....
375,555
322.374
Norfolk & Western.
1,167,562
946,142
Northern Pacific
1,970,151 l,632,37t'
Ohio River
95.022
74,341
Peo. Dec. & Evansv.
83,492
65,800
Pittsb. Bess. & L. E..
109,381
81.671
Pittsb. Lisb. & West.
4,716
3,437
Pittsb. & Western
141,325
124.065
Pittsb. Clev. & Tol.
83,322
70,434
Pittsb. Pa. & Fair..
22,471
2.'>,349
Rio Grande South'n.
40,254
38.463
Bio Grande Western*
224,000
147,600
Bt. Jos. &Gr. Island..
92,375
104,214
8t. Louis & 3. Fran..
650,156
567,315
St. Louis Southwes'n
502,800
502.554
Paul& Duluth...
8t.
114.4<i7
107,643
Santa FePres.&Phx*
58,253
45,125
Sher. 8hrev,& South.
39,941
36,507
Bo. Haven & Eastern
2,800
1,902
Southern Railway c
2,593,810 2,256.909
Terre H. & Logansp.
64.732
57.530
Texas Central
33.740
33.444
Texas &Paclflc
764,569
718,119
Tol. & Ohio Central..
195,831
131.181
ToL Peoria* West'n.
86,417
80.865
Tol. St. L. & K. City
143,998
148,794
Vandalia System
332.436
292.837
Wabash
1.314,582 1,138,490
West. N. Y. & Penn..
282.f00
256.436
Wheel.* Lake Erie..
166.288
113,496
Clev. Canton & 8o.
60,793
52.745
WiBconsin Central..
381,896
358,262
Yazoo & Miss. Val...
•195,389
449,064
292
228
117
921
472
+32,186
+59,737
+7,496
+288,430
+33,960
524,294
297,966
353,472
1,864.570
509.214
3,089
924,410
398,234
448,445
241,302
2.950,409
93.466
100,591
93,181
130,000
123,958
262,134
212,225
28,435
21.4881
1,302,028 1,041,832
208.873
145.055
164.415
126.115
212,372
135,500
247,201
274,325
56,b99
36,894
799,800
717.30(;
167,147
152,056
178,626
137,766
25,195
27,409
111,114
101,934
214,530
206.362
104,180
89,983
29,686
42.669
703
863
146.789
131.544
108,226
103,207
Alabama.
Trunk ot Can...
Det.Gr.Hav.&M. \ 1,819,988 1,606,065
6t. No.— 8. P. M. & M. 1,597,560 1,293,457
<fe
310
+7,250
—5,064
+86,822
—2.089
+6.321
+507
+32,429
+ 12.381
+409,418
+t85
+ 1,242
+ 304,059
+59,583
—17,500
+4.536
+24,125
+ 95,660
3,995
775
555
546
20
172
973
276
174
194
725
90
—6,764
+13,128
+3,431
50
1,272
2,208
4,938
388
87f
1,258
244
224
15f
6,416
+296
170
1,492
371
+ 176,092
+26,064
+52,792
+ 8,048
+23.634
+46.325
50,727,782 44,056.674 +6,671,118
775
655
5U9
20
172
973
276
174
194
725
90
2,988
97
+336,90)
+7,202
+64,650
+5,552
-4,796
+39,599
3,671
2.988
97
59
2,010
1,266
321
227
37
+ 46,450
75
346
379
+ 898
i
304
262
379
50
372
166
+4,492
+199,535
+ 644
+164,478
+55,217
935
+460,458 2,82t
+53,181
481
+221,420 1,551
+337,773 5,074
+20.681
224
+17,692
254
+27,710
228
+1,279
2<
+17,260
21!
+12.888
77
—2,878
53
+1,791
18(
+76,400
610
31'-11.839
+82,841 1.385
+ 246
3.707
4,549
160
248
451
50
372
166
59
2.010
1.219
321
227
366
1,195
2,197
4,938
388
687
935
2.585
481
1,561
4,947
224
254
228
28
213
77
53
180
582
312
1,38.'^
1.258
244
224
155
37
6241^, the last previous sale
having been made at 379 in De-
cember
1899, before the first dividend
Shares.
Basks—New
Torle.
11 America, Bank of
16 American Exchange Nat. Bank..
550 Citizens' Bank, National
55 Continental National Bank
29 Market & Fulton Nat. Bank
8 Merchants' National Bank
SOOriental
50 State of New York, Bank of the.
2 Union Bank, National
Trust Companies—New
Co
2 Central Trust
20 New York, Trust Co. of
122 North American Trust Co
9 Union Trust Co
2 United States Trust Co
was
Price.
455
18734
144-14858
Sept.
Jan.
130»2
624i3
York.
2115
200
150-152
1425
1651
310
190
Last previous sale.
Jan. 1900— 455
Jan. 1900— 186i«
Jan. 1900— 150^8
1899—
1900—
Jan. 1900—
Nov. 1899—
Nov. 1899—
Dec. 1899—
135 1«
230
173
195
Trust Companies-Broo/ciyn.
10 Manufacturers' Trust Co
25 WUliamsburg Trust Co
declared.
136
231
166
197%
128
379
Dec. 1899-2000
Jan. 1900— 201
Jan. 1900— 148^3
Jan. 1900—1380
Jan. 1900—1640
Nov. 1899— 310
Nov. 1899— 200^4
—
At a meeting of the directors of the National Bank of
Cohoes, echoes, N. Y., Feb. 3, 1900, Mr. Daniel M. Sutherland was elected a director to succeed the late Joseph H.
Parsons, The National Bank of Cohoes was organized as a
State bank in 1859, as a national bank in 1865. It has from
the beginning paid semi-annual dividends which in the aggregate, we are informed by Mr. Wilsdon, the Cashier,
amount to 304 per cent on the capital stock, besides a scrip
dividend of 75 per cent paid in 1872.
The capital stock
of the National Bank of Cohoes is $250,000; surplus and
John L.
profits, $195,000,
The officers and directors are
:
Newman,
President; Thos. Breslin, Vice-President; Q-eo. R.
Wilsdon, Cashier; William T. Dodge, Thos. Colwel, William
P. Adams, William Nuttall, George H. McDowell, D. M.
Sutherland.
—The Industrial Trust Co.
of Providence, R.
$1,000,000 and surplus and undivided
I.,
capital
profits $521,849,
has
completed arrangements for the absorption of the Pacific
National Bank, capital $200,000 and surplus $97,000, and also
the First National Bank, capital $300,000 and surplus §197,The two banks will be consolidated
004, of Pawtucket, R. I.
The
and be made a branch of the Industrial Trust Co.
General Assembly of Rdode Island, it may be observed, a
year ago passed an Act enabling this company to establish
branches throughout the State, and the Roger Williams
National Bank and the Third National Bank of Providence
have already been absorbed by the Trust Company under that
provision. The two Pawtucket banks above noted will be
acquired by purchase of the stock, and the deal will be consummated as soon as the agreement made by the directors
shall be ratified by the stockholders.
The Industrial Company sought unsuccessfully to obtain control of the Slater
National Bank of Pa v\ tucket, the only remaining bank in the
An application has been made to the General Assemcity.
bly for an Act incorporating the Slater Trust Co., and it is
understood that, after the passage of the Act, the Slater
National Bank of Pawtucket will become a trust company,
and that the capital will be increased from $300,000 to
$500,000.
—The announcement
was made in this column June 17
James J. Hill. President of the Great Northern Railroad
6,235
160 Co., and Frederick Weyerhauser, the lumber king of the
17b Northwest and President of the Mississippi Logging Co.,
1,492
had acquired an interest in the First National Bank of Du371
248 luth, Minn., of which A. L. Ordean is President. At the
451
46S
468
2.326
2,326
that
annual meeting of stockholders of the bank, January
9,
the
was increased from eight to eleven, and
644
612
247
247 Frederick Weyerhauser, John H. Barker, D. H. Bacon, A»
210
210
937
937 D. Thompson, A. B. Wolvin, L. Mendelhall, A. M. Marshall,
1,001
955
A. C. Jones, Thomas J. Davis, A. L. Ordean and Louis W.
99,922 97,759 Hill, the latter a son of President James J. Hill of the Great
Northern, were blected. The institution is one of the largest
excluded for
and most prosperous in Minnesota or, indeed, in the Northwest.
t Earnings of Galveston Houston <& Heaaersou are
both years.
J Includes Fall Brook system for 1900 but not for 1899.
For Jan
1899, the earnines of that system were $159,495.
a Chesapeake Ohio & Sourhwesi'u and Oulo V<tUey roads are included
* For three weeks only.
lor both years.
6 Earnings are from railroad operations only.
d Results on Montgomery Division are included for 1900, but not
lor 1899.
number
of directors
—As an illustration of the work of
New
the currency division
York Sub-Treasury there has been prepared a
photograph of thirty- two packages containing 249,101 mutilated notes, amounting to $1,265,000, which were assorted
of the
February
THE CHKONICLK.
10, 1900.]
263
in the Sub- Treasury January 20, by fourteen of
employes, for transmission to Washington for redempthe
Each package was thirteen inches wide, twelve inches
tion.
high and seven inches thick, and thirty-one of the packages
contained 8,000 bank notes each, and each package weighed
The thirty-two packages, when artwenty-five pounds.
camera, occupied a space five feet two inches
ranged for the
high, four feet four inches wide and seven inches thick. The
exhibit, it may be noted, represented the largest day's work
in the currency division of the Sub- Treasury.
the result is disappointing dividends in some cases. Yet if
there were really good news from the seat of war there would
probably be a very sudden and a very great rise in prices. If
once the public begins to buy, dealers will put up prices very
greatly because, in fact, they are not very well supplied with
stock themselves, and it would be risky of them to sell very
much unless they can induce selling by offering decidedly
better prices. And a sharp rise if the military news is good
would be facilitated by the great cheapness of money just
—Stewart Browne, President, and T. H. Froelioh, the Secretary, of the International Banking & Trust Co., have re-
A
and packed
signed for the purpose of facilitating the consolidation of the
company with the Century Trust Co., negotiations for which
Oakleigh Thome, a
are making satisfactory progress.
of the International, is serving as Acting President.
director
It is proposed that the Century Company shall put into the
International $1,500,000, making the new capital and surplus
$3,000,000—it is now $1,000,000 capital and $500,000 surplus.
The consolidated company will have thirty directors'and the
Century will have equal representation with the International.
No. 8 of the New York State Bankers' Associacomposed of members of New York City banks, held
tion,
their annual banquet at the Waldorf- Astoria Hotel on Tues
day evening. It was expected that Secretary Gage would be
present, but he was prevented by illness. The meeting wa?
largely attended, and among the guests of prominence were
J. Pierpont Morgan, Governor Roosevelt, Assistant Treasurer
Jordan, Morris K. Jesup, Rev. David H. Greer, President
A. V. V. Raymond of Union College, Superintendent Kilburn of the State Banking Department, Postmaster-General
Charles Emory Smith and Senator Albert J. Beveridge of
Indiana Warner Van Norden President of the National Bank
of North America, presided. Speeches were made by Postmaster- General Smith on the relation of banks to commercia
expansion; by Senator Beveridge on the Brotherhool of
Business; by Governor Roosevelt, and by other guests.
—Group
.
,
DOW.
Upon the Continent there is also very little " bull " specuEverywhere the dear money has compelled liquidalation.
tion, and as yet there is nothing to encourage much buying.
British success would, therefore, come at a time specially
suited for an active " bull" campaign, and would almost cerOa the other hand,
tamly result in a marked rise in prices.
the present cheapness of money is very delusive. It may
come to an end at any moment, because trade is so exceedingly active everywhere that the trade demand is attracting
much capital that in ordinary times would be available for
the Stock Exchange. True, the exceedingly high prices of
materials, more especially of coal and iron, are causing many
people to fear that the trade activity has reached nearly its
climax, and that before long a check must be given. That,
however, is open to question, for it is certain that the naval
and military outlay of all the leading governments in Europe
will be on an enormous scale this year; and Government
orders of such magnitude can hardly fail to give even a further impetus to trade.
On Thursday the Bank of England reduced its rate of discount from 4}/^ per cent to 4 per cent, and the same day the
Bank of France put down its rate from 4 per cent to 33^ per
cent.
The Bank of France need never have raised its rate
but that it wished to prevent the other great French banks
from employing too much French capital abroad, and more
particularly io Germany. And now that the demand for
French capital is falling off, the Bank naturally follows the
example of the Bank of England in putting down its rate.
Besides, the preparations for the Exhibition are now being
pushed forward actively, and the Bank naturally wishes to
give every facility. In Germany there is a general expectation that the Imperial Bank will put down its rate next
week.
Just
now
Amsterdam
the
is
Paris and
But the best opinion is
German exchange upon London,
very unfavorable.
that this is due to the necessity of remitting money in connection with the paying of the Mexican bonds which were
converted last year, and the paying off will be effected on
—The trustees of both the Cleveland (Oaio) Trust Com- February 1. The best opinion, therefore, is that we shall
soon see a fall in the German exchange and that the Imperial
pany, capital $500,000 and surplus $3.^7,330, and of the Sav- Bank will immediately take advantage of that to put down
ings «fe Trust Company of that city, capital $750,000 and its rate of discount. Probably money will remain tolerably
surplus $149,365, have unanimously recommended the con- easy throughout Europe during the first half of the year.
The new organization But the various governments are intent upon borrowing
solidation of the two companies.
large sums, while the Indian Government is accumulating
will have a capital of $1,500,000 and a surplus of $600,000,
gold to establish the gold standard, and the spring operations
and the combined deposits will be about $10,000,000. It is will no doubt give a fresh demand for capital. It is quite
proposed that before the consolidation the capital of the possible, therefore, that money may not be anything like so
easy as is now generally expected. In the first place, the
Cleveland Trust Company shall be increased to $750,000.
Boers have proved beyond doubt that great guns can be
Among the bills which have passed the New York State dragged to the tops of high hills and can do terrible execuSenate is one amending the Banking Act so as to provide that tion. The lesson is not likely to be disregarded.
Our own Government is sure to reconstruct its artillery;
the annual meetings and elections for directors of banks
and it is said that the German Government is already studyshall be held on the second Tuesday of January or withia ing what
measures ought to be adopted. There is more unten days thereafter.
certainty with regard to France because the Creusot gun
appears to be regarded as the best exist ing in Europe at the
present time. But outside of France almost every military
Government will have to make a change in its artillery; and
our own Government in addition will have to introduce
[From our own correspondent.]
sweeping reforms into our whole military system. The deLondon, Saturday, January 27, 1900.
cision of the German Government, moreover, to build a great
Quotations on the Stock Exchange have been moving up- fleet will lead to an enlargement of the fleets of all the other
wards all the week, though there has been but little business. great countries, and thus we seem to be committed to a
During Wednesday there was a good deal of hesitation, and general competition with regard to naval and military armat one time it looked as if the gain of the preceding days aments for years to come.
Meantime the India Council continues to sell its drafts
would rapidly be lost. For an official telegram was pubnight attack upon the Boer position was wonderfully well. Oi Wednesday the Council offered for
lished stating that a
to be made, and as the result of the operation was not made tender 50 lacs, and the applications exceeded 329 lacs. Apknown a good deal of apprehension existed. Later in the plicants for bills at Is. 43/^d. per rupee were allotted about 26
day, however, favorable rumors began to circulate and quo- per cent of the amount applied for, and the same proportion
tations again advanced. On Thursday the announcement was given to applicants for telegraphic transfers at Is. 4 3-16d.
that Spion Kop had been taken gave a general fillip to the per rupee. Afterwards the Council sold 3 lacs in telegraphic
market. Later news, however, told of the abandonment of transfers at Is. 4 7-32d. per rupee.
Some time ago the India Council undertook to sell cable
the Kop.
Therefore, the more careful operators are still
cautious and the public in general is holding aloof.
very transfers as desired at Is. 4 5-32d. per rupee. Suddenly it gave
marked success might, however, change the whole aspect of notice, week before last, that the undertaking was ended, and
it put up its price.
The matter excited some sensation
things.
There is exceedingly little speculation at present.
The amongst Indian bankers and Indian merchants, as it threatFor they had not regreat stringency towards the end of the year and the re- ened to interfere with their profits.
verses which our armies met with early in December led to mitted gold during December while the 6 per cent rate
Buch a complete liquidation that there is practically no existed here, counting upon being able to buy all the tele"bull" speculation now. The fortnightly settlement this graphic transfers they required irom the India Council. The
week shows that during the present month the speculation new policy, therefore, disconcerted them. But to the genhas scarcely increased, and the remark applies to all classes eral public the chief interest of the notification given by the
India Council is that it shows the famine is delaying the
of securities.
Moreover, most of the English railway dividends which collection of the revenue, and is therefore keeping the funds
have been announced this month have been unsatisfactory. at the disposal of the Government so low that the GovernThe traffic returns issued week by weefe during the past six ment does not feel justified in selling telegraphic transfers
months showed very large increases. But the expenditures freely. The decision of the Council compeUed the Indian
increased equally, in some cases even more considerably, and banks to send out gold last week. The gold will, of course.
—
A
f
:
:
.
THE CHRONICLK
*i64
be sent into the Treasury when it reaches India, and will be
exchanged there for rupees, so that it looks as if the accumulation of gold in India would not only proceed at a rapid
rate but may possibly have a considerable icfluence upon the
London money market.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.
&c., compared with the last three years
:
Jan.
24.
Other securities
Reserve of notes and coin
Coin & bullion, both departm'ts
Prop.reserve to liabilities.. p. c.
Bankrate
Consols.
percent.
2k
£
26.631880
13,0l*S,079
40.671,322
l8.387.0Sft
87,478,831
".''23,036
9,588.998
*3,224.325
31.721.012
81896,784
*
January
Imports akd Exports for the
for the week
FOREIGN IMPORTS.
For week.
1900.
Dry Goods
1899.
1897.
1898.
$3,504,530
9,586,984
$2,022,579
5,833,731
$2,026,767
6,195,046
$2,476,070
5,832,015
$13,091,514
$7,856,310
$8,220,813
$8,248,085
Gen'l mer'dise
$14,388,614
37,752,208
$11,733,904
34,620,758
$11,895,845
30,578,571
$11,678,833
33,540,573
Total 5 weeks..
452,140,822
$46,354,662
$42,474,416
S45,219,406
Gen'l mer'dise
",235,117
28.473.069
23,02-2.Mei
22,763.401
2V274 232
32,682.771
82.5fl3.786
87.106 116
45%
44%
3^
4^'
..n^.a
3| j
111^^
268-16d,
,\^^Ai5
29 13-16d.
134.247.000
118.e67.00C)
1J=^,^.
Total
Since Jan.
1.
Dry Goods
The following is a statement of the exports (exclusive
week
KXPOBT8 FROM NEW YORK FOE THE WEEK.
specie) for the
of
:
1900.
for bullion are reported as follows
For the week..
Gold.
Jan.
London Standard.
fine
oz.
d.
Japanese yen
oz.
Messrs. Pixley
Jan.
25,
Prev. reported
$10,981,978
46,456.961
$57,438,939
$9,509,970
36,406,734
$9,744,283
43,127,604
$52,871,887
$6,847,861
38,188,435
18.
d
9J4
Bar silver, flne...oz. 2738
Bar silver, contain'g
6
6I3
do 5 grs. gold.oz. 27''8
77 914 77
5 76
312 76
513 76 61a
76 4ifi 76 5
1897.
1898.
1899.
Total 5 weeks.
Jan.
d.
s.
gold coin...oz. 76
Germ'n gold coin.oz. 76
Prenoh gold ooin.oz. 76
S.
Silver.
London Standard.
Jan.
18.
25.
8.
U.
are
:
25.
The quotations
Bar gold,
Week.—The following
New York
the imports at
LXX.
£
26,010,335
£
27«(1.
27ka.
146.146,000/ 140.734,000
SUver.....::.:
Clearing-House returns
27.
9.35'<!,7s6
1019-18
per cent.
Jan.
Jan. 26
26.
2a,4*'0.410
£
28.119,165
12.439,a9i
4o,58o;77i
19,057.167
28.271,808
23.921,625
35.240,790
44 15-18
4*
Circulation
Public deposits
Other deposits ::::...:.::;:......
Government securities
1897.
1898.
1899.
1900.
Jan.
[Vol.
d.
27 14
27%
4 grs. gold.oz. 27Uif 279,6
3 grs. gold.oz. 2713 2739
oz. 297,e 2938
Cake silver
Mexican dollars. oz. 73. 27
do
do
EXFOBT8 AND IMPORTS OF SPECIE AT
NEW TORK.
Imports.
Exports.
Gold.
& Abell write as follows under date of Jan. 25:
further amounts have been withdrawn for the Indian Currency Department, but a further sum of £100.000 in sovereigns has
been sent to India. With the lower rates for India Council bills, further
remittances in coin to India are unlikely. The Bank has lost £155,000
during the week, against total receipts of £112,000, Arrivals:
Australia, £81,000; Bombay, £67,000; Cape Town, £15,000; total,
£163,000. Shipments: Jan. 20—Bombay, £414,300; Calcutta, £20,000; Colombo, £15,000; total. £449,300.
Silver—The market having been oversold for January delivery, covering purchases forced the price to 2758d. Speculators also bought
freely, attracted by the fact that the Indian Government has already
commenced to coin 100 lacs of rupees, tbe silver being acquired partly
by purchases in the Indian market and partly by utilizing a portion
of the old Owalior rupees. The buying suddenly ceased at 27B8d. and
the market closes at 27a8d. Price in India Rs. 68^4 per 100 tolahs.
Arrivals New York, £164,000; Australia, £28,000; total, £192,000.
Shipments Jan. 20: Bombay, £15,000; Calcutta, £55,500; total,
Gold— No
$45,916,704 $40,036,296
The following table shows the exports and imports of
specie at the port of New York for the week ending Feb. 3
and since January 1, 1900, and for the corresponding periods
in 1899 and 1898.
Week.
Since Jan.l.
Week.
Great Britain
France
$3,652,400
$48,000
453,171
1,335
5,000
25,000
9,975
1,051,800
5,000
300
All other countries
Total 1900
Total 1899
Total 1898
$39,937
220,020
193,000
55,199
22,874
87,270
3,100
$22,777
220,020
193,000
Germany
West Indies
Mexico
South America
SinceJan.\.
$78,000
348,276
196,635
$5,172,346
1,779,000
2,717,240
$437,432
676,822
1,049.793
$621,400
2,655,182
3,123,112
Imports.
Exports.
Silver.
Since Jan.
Week.
1.
Week.
Since Jan. 1.
:
£70,500.
Mexican Dollars—The nearest price is 273i6d.
The following shows the imports of cereal produce into the
United Kingdom during the first twenty-one weeks of the
new season compared with previous seasons
IMFOBT8.
1899-'00.
1898-9.
1897-8.
1896-7.
Import8ofwheat,owt.25,149,800 25,167,650 26,132,450 28,814,630
9,743,294 12,342,990
8,071,400 13,861,700
barley
6,901,.570
6,168.120
8,509.410
7,468,400
OatB..
1,096,040
1,077,370
1,698,148
1,407,400
Peas
994,620
1,355,840
699,400
1,367,410
BeanB
26,499,700 21,493,960 18,668,460 24,457,000
Indian Corn
9,217,730
8,522,400
9,524,800
8,890,000
Flour
Supplies available for consumption (exclusive of stocks on
September
Great Britain
France
$1,133,495
Germany.
West Indies
Mexico
South America
""600
1897-8.
1896-7.
Total 1900
Total 1899
Total 1898
2'90
$32,874
1.775
$1,138,781
955,350
1,078,175
4,167
224,709
52,542
2.375
$59,057
32,356
65,827
$316,667
306,868
337,149
36,545
107
ir.367
$4,386,737
4,911,073
4.849,079
Reports of Non-Member Banks.— The following is the
statement of condition of the non-member banks for the
week ending Feb. 3, based on averages of the daily result.
We omit two ciphers fOO) in all cases.
Sur-
tal.
plus.
N«W roKK
Invest- Specie.
Leg. T. Deposit, with
Net
&B'k. Glear'g Other Deposit*
ments.
Capi-
(00a omitted.)
Wheat imported, cwt.25,149,800 25,167,650 26,132,450 28,814,630
8,522,400
8,890,000
9,217,730
9,524,800
Imports of flour
Bales of home-grown.13,777,821 13,855,073 12,048,572 11,538,868
""
'ii',323
"4',686
BANES.
1898-9,
$20,340
All other countries.
1):
1899-'00.
$4,286,390
77,657
Notes. Agent. Bks.Ac
Loans
<fc
ClTTi.
bob.ough of
Manhattan.
47,817,621
Total
48,240,453
1898-9.
278. Od.
278. Od.
1899-'0O.
Aver.prlce wheat, week 268. Od.
Average price, season. 268. Od.
46,703,422
49,878,298
1897-8.
348. lid.
338.
8d.
1896-7.
31s. 7d.
298. 3d.
The daily closing quotations for securities, etc., at London
are reported by cable as follows for the week ending Feb. 9.
Sat.
Man.
Tues.
Wed.
Thurs.
Fri,
27 7^,
2758
2758
d.
275,6
275,6
per ounce
277,8
Consol8.,new,2%p. cts. 100!^ 10013,6 1011,6 1013,8 1011a lOlis
IOII4 il019,ft 10118
10118
10078
lOO^a
For account
Fr'ch rentes (in Paris) fr. 00-6712 100-70 00-6712 OO-67I2 100-65 100-65
67 12
6712
67 1«
6768
6712
Spanish 48
2168
2218
21
2178
21
Atch. Top. & Santa Fe.. 2118
66 14
6514
6538
6538
66
Preferred
6558
65 1«
6312
6368
63%
6438
Baltimore & Ohio
6438
79 12
78%
79
79
78%
Preferred
79
9914
99 14
9958
99 M
99
Canadian Paciflo
9938
31i«
3012
3013
30%
Chesapeake* Ohio
31
307e
Silver,
Den.
Do
&
Paul... 12279
Rio Gr., com.... 1858
do Preferred. 72
Chic. Mil.
&
St.
Erie, common
Ist preferred
12
34%
II5I2
Louisville & Nashville.. 8218
Mo. Kan. & Tex., com.. 10%
N. Y. Cent'l & Hudson.. I38I4
N. Y. Ontario & West'n 2378
Illinois Central
Norfolk
Do
& Western
do
Northern
Pacific,
pref.
com.
Preferred
Pennsylvania
*Phila.
*Phlla.
•Phila.
& Read
A Read.,lst pref.
& Head., 2d pref.
Southern Pacific
South'n Railway, com..
Preferred
Union
Paoiflc
Preferred
Wabash, preferred
~
• Prloe
per share.
12378
126ie
I28I4
128i«
Columbia
Eleventh Ward
Fourteenth Street.
Sansevoort
a»mllton.
—
Home
Engllsb Financial markets— Per Cable.
London.
Oolonlfii
ICoont Morris
Mutual
Nineteenth Ward.
PlftEft
,
Riverside
State
Twelfth Ward
Twenty-third W'd.
Union Square
Forkvllle
Borough op
Broadway
Brooklyn
Eighth Ward
Tilth
Avenue
Kings County
ICanufact'rs' Nat")
BCeobanlos
&
Tradr's'
18%
19
20%
21
72
72%
7438
75
li's
341a
1151a
8158
1218
12%
74%
13
371a
II6I2
1278
3818
1161a
8318
III4
Sobermerhom
Seventeenth Ward
138
25
30
WAllabont..
10%
137 12
35
831a
1078
139
37
117
8414
1138
I39I2
2578
84
III4
139 14
tlwai'B'
Nassau National..
National Olty
North Side
People's
Spragne National..
Twenty-alith W'd.
(Tnion.
...
......
23%
24%
29%
73^
75
5518
77I2
55I2
5512
77%
77%
76I4
55 14
78
78 14
67
67
67
68ifl
6838
77
68 14
2938
958
2914
Bankot Btatenlal.
lstNat..8tat6nl8l.
Othbk Cities.
1st Nat., Jer. City.
Hud. Co. Nat. J. C.
15
401a
IdHat.. Jor. City..
IdNai., Jer. City..
73i«
5438
91a
281a
15
401a
1288
5818
4858
93e
28%
76
«%
978
2958
1518
401a
1278
581a
481a
49%
2968
15ie
411a
1278
5914
5068
77%
77%
78 14
79
2158
2lia
15
40%
1268
58
25%
29%
21%
2214
15
4118
1278
5918
52
79
22
76%
5514
12%
5868
5168
781a
21%
1130,9
27,2
84,8 214,2
2337,0
92,0
71,0 143,0
1129,8
35,1
50,5 270,4
1049,0
45,0
38,7 194,8
631,9
48,9
56,8
7,7
1283,4
80,2
48,7
97,4
579,2
30,7
56,1
79,9
1775,0
46,0 103,0 175,0
1311,3
35,8 101,2 171,0
999,4
19,0 103,1 240,8
1820,0
86,0
95,0 207,0
855,6
15,2
91,1
64,4
2775,0 212,0 106,0 136,0
1168,5
26.0 134,2
79,8
834,6
43,5
79,9 108,6
2085,2
53,0 236,4 494,8
1481,1
78,4
81,2
82,1
150,0
100,0
300,0
100,0
100,0
150,0
252,0
500,0
100,0
300,0
300,0
100,0
100,0
100,0
100,0
200,0
100,0
100,0
100,0
100,0
124,1
145,2
164,0
39,2
57,2
59,9
461,0
392,2
201,7
584,6
574,8
115,1
127,7
60,6
70,9
225,1
56,8
55,8
43,8
17,0
1034,6
1307,2
1182,9
350,0
570,6
640,6
2457,6
2814,0
899,3
3648,0
2233,0
663,0
783,5
424,6
465,6
1068,9
436,6
281,0
626,7
376,6
25,0
100,0
51,4
79,3
428,7
662,4
400,0
250,0
250,0
200,0
110,0
125,0
786,2
539,3
368,4
•200,0
5,0
62,7
'2,0
50,5
3,0
59,0
1376,5
2250,0
1359,6
1252,0
649,6
1366,5
615,7
2093,0
1320,3
1409,1
2065,0
911,1
144,0 3234,0
59,6 1626,2
41,3
991,5
2690,3
32;7 1486,3
Brooklyn.
Bedford
12678
21
115%
100,0
200,0
100,0
97,8
198,5
136,7
51,0
16,7
96,6
81,7
53,6
126,2
38,9
145,8
114,5
175,4
86,3
64,6
319,7
168,1
100,0
300,0
100,0
100,0
200,0
200,0
100,0
250,0
200,0
100,0
100,0
100,0
100,0
German- American.
borocgh of
22,6
4,4
84,9
93,4
35,3
21,0
20,9
22,0
228,4
115,5
54,6
343,0
234,0
45,6
32,3
45,4
84,6
10,0
16,6
13,3
22,0
23,6
98,5
189,1
138,0
46,6
64,6
80,6
457,9
162,3
77,5
603,0
328,0
38,3
39,7
52,0
57,8
137,3
62,6
37,4
49,5
43,8
13,8
23,5
15,3
20,0
72.9
82,8
12,4
16,2
63,5
11,1
27,5
32,0
259,4
157,2
15,7
164,0
135,0
11,9
29,4
24,0
8,8
91,1
9.0
6,6
100,0 1141,6
5 1407,3
8,0 1136.9
301,2
1,0
515.0
615,6
2829,7
2738,1
14,4
838,6
21,0 4002,0
44,0 2488,0
62,6
630,1
53,0
787,5
50,0
444,1
9
377,2
937,0
8,6
6
425.3
1,0
187,8
32,7
616,7
6
345,1
Richmond.
1st Nat., Hoboken.
Id Nat., Hoboken.
212,->
450,3
95,2
4897,1 120,9 265,3 805,7
60,9 194,4
2155,3
80,0
26,2 200,7
1343,6
68,8
62,0 200,7
928,8
22,6
18,9 166,4
1813,4 111,1
64,6
44,4
712,1
72,6
6,5
480,1
617,2
741,6 6043,9
107,2 1926,9
1135,9
84,9 1001,0
7.2 1461,5
62,8
836,4
Totals Feb. 3.. 7362,0 8131,0 58442,52519,2 3544.0 7380,6 1876.4 02962,4
Totals Jan. 27.. 7362,0 8131,0 58854,5 2647,0 3597,0 7668.1 1559.6 63175,1
Totals j'an. 20.. 7362,0 8131,0 58929,8,2708,9 3723,0 7088.2 1204,o:62929,S
.
.
February
THE CHRONICLE.
10, 1900.]
—
City Clearing Hoaae Banks. Statement of
week ending Feb. 3, based on average of
We omit two ciphers ^<>0) in all eases.
New York
condition for
daily results.
:
:
.
.
tiie
BANKS
Bank of New York..
Manhattan Co
Mercliiints'
Mechanics'
America
Phenix
City
Chemical
Merchants' Exch'ge
Gallatin
ButcUers'ife Drov'rs'
Mechauica'<fc Trad's'
Greenwich
Leather Manofac'rs
Seventh
State of Ne-w York.
American Exch'uge
Commerce
Broadway
Mercantile
Pacific
Bepnblic
Chatham
People's
North America
Hanover
Irving
Citizens'
Nassan
Market & Falton...
Shoe & Leather
Corn Exchange
Continental
Oriental
Importers'&Trad'rs
Park
East River
Fourth
Central
Second
Ninth
First
N.Y.Nat'l Exch'ge.
Bowery
New York County...
German American..
Obase
Fifth Avenue
German Exchange..
Germania
Lincoln
Garfield
Fifth
Bank of the Metrop.
West Side
Seaboard
Western
First Nafl, B'klyn..
Nat. TJnionBank....
Liberty
N. Y. Prod. Exch'ge
Bk.of N.Amsterdam
Astor
Hlde& Leather
Total
.
Capital. Surplus
Loans.
Legals.
Specie.
Deposits
214,0
4,03 ',0
14,779,0
263,9
4,158,8
2,096,0
1,782,0
372,2
9,433,1
354,0
523,6
732,9
592,3
8,308,0
1,794,9
235,4
400,8
2,161,5
1,461,9
434,7
1,340,0
407,0
1,129,0
6,556,3
503,0
2,968,0
970,6
489,2
638,2
612,0
87,0
$1,144,0 $12,445,0
4,124,0 19,098,0
1,653,5 14,059,3
934,0 10,266.0
1,823,2 22,676,2
197,0
4,402,0
5,190,9 124,072,4
3,320,8 25,315,0
590,7
4,913,7
823,4
6,342,1
46,2
1,113,9
182,0
2,138,0
151,2
805,3
371,2
4,111,5
386,0
4,070,6
566,5
3,212,5
1,953,0 22,590,0
3,721,8 21,276,1
248,5
4,956,3
941,8 12,730,8
424,6
3,261,8
1,331,1 18,719,5
922,3
6,475,9
'436,3
2,651,4
948,1 13,811,4
2,324,0 42,435,9
4,506,0
533,9
123,4
2,866,5
388,0
2,841,0
560,2
6,663,8
278,0
3,872,9
2,739,0 18,661,7
434,2
5,097,7
307,0
2,130,0
1,315,0 23,635,0
50,712,0
3,050,0
156,7
1,509,9
1,625,1 22,549,0
1,298,0 12,499,0
8,852,0
410,0
2,792,0
215,6
1,321,4 34,865,4
361,3
2,533,1
335,4
3,702,0
366,5
3,875,1
261,8
3,242,8
4,560,1 39,902,1
486,7
9,083,0
703,5
3,275,3
487,7
4,161,3
946,9 10,357,7
392,2
7,539,3
186,7
2,324,0
478,0
6,477,1
294,0
2,667,0
2,405,0 12,612,0
2,344,8 34,410,1
542,0
4,236,0
679,5 15,184,7
231,7
4,782,2
370,1
3,106,4
4,231,8
449,7
3,961,4
271,2
419,1
1,648,4
59,422,7 80.980,2 699.582.6 1627651
67.085.5 795.917,3
$2,000,0 $1,999,2 $12,726
2,050,0 2,114,1 16,785
2,000,0 1,162,5 12,461
2,000,0 2,197,1 10,261
1,500,0 2,814,2 20.014
4,141
252,5
1,000,0
1,000,0 4,938,7 85,765
300, Oi 0,500,1 24,219
4,440
600,0
207,0
7,855
1,000,0 1,718,6
1,075
101,0
300,0
2,004
129,8
400,0
905
168,6
200,0
3,915
505,3
600,0
'200,3
3,019
300,0
3,732
528,0
1,200,0
5,000,0 2,651,8 28,039
5,000,0 3,778,8 29,440
5,904
1,000,0 1,624,3
1,000,0 1,084,8 11,092
2,666,
422,7
492,2
974,1 17,383,
1,500,0
6,299,
991,3
450,0
2,165,
298,4
200,0
633,3 11,954,
1,000,0
1,000,0 2,711,9 33,332,
4,146
412,2
500,0
2,753,
600,0
383,2
2,614,
500,0
264,8
6,428,
900,0 1,017,9
3,479,
170,1
1,000,0
16,249,
1,400,0 1,731,5
531,6
4,776,
1,000,0
2,162
395,6
300,0
1,500,0 5,829,8 24,632
2,000,0 3,339,5 37,162,
1,322,
148,2
250,0
3,000,0 2,171,8 21,536,
9,346,
534,5
1,000,0
8,098,
776,6
300,0
172,1
2,709,
750,0
500,0 7,767,3 33,382,
2,262,
78,1
300,0
3,477,
682,5
250,0
2,994,
200,0
413,6
3,242
750,0
318,5
1,000,0 1,596,7 30,4115,
8,141,
100,0 1,211,5
2,615,
200,0
585,4
2,808,
200,0
774,6
8,820,
848,2
300,0
979,1
6,386,
200,0
2,146
200,0
331,8
5,391
911,6
300,0
2,511
200,0
393,3
629,5 10,161
500,0
2,100,0 1,292,8 28,790,
4,060,
529,6
300,0
1,200,0 1,301,7 14,612,
445,9
5,001,
500,0
329,9
3,018,
1,000,0
3,736,
250,0
397,4
191,4
3,743,
350,0
252,5
2,255,
500,0
.$2,335,0
-
1,351,0
1,861,2
1,972,0
3,895,0
1,188,0
,38,976,0
4,284,5
672,1
857,0
278,2
256,0
102,(1
963,4
660,2
337,9
4,033,0
1,758,7
855,4
2,280,5
634,3
3,487,6
748,8
155,0
2,671,3
10,089,4
704,7
633,6
334,6
1,060,5
679,2
1,800,4
1,017,3
Breadstuffs Figures Brouglit from Page 290.— The
statements below are prepared by us from the figures collected by the New York Produce Exchange. The receipts at
Western lake and river ports for week ending Feb, 3, and
since Aug. 1, for each of last three years, have been:
S4e»ipU at—
Wheat.
Wlovr.
Corn.
Barlev.
Oats.
Ve.
BbU.lOeibt Buth.dOlbt Buth.56lbt B'U»h.32lb8 Buih.iSlbi Bu.6e
Obloago
Milwankee..
296.630
19.250
217.534
137.200
184.802
Dalath
Minneapolti.
6,019
16,270
1,800
190,800
138,842
213,310
24.011
Detroit
22.100
46.702
Cleveland
St. Lonlt ....
Peoria
84.320
47.000
4.550
200,000
418,966
58,555
167.846
650.136
548.460
288.000
272,400
120.600
59.C03
62,486
33,020
6,200
Clt7-
13.000
6.690
16.600
213,."528
Tot.wk.l900
877.219
2.336,684
4,628,018
2.49S.428
3.979.175
6,289.770
2,881,246
2,699.169
4,272.881
2.689.791
9,000
1.800
79,021
173,881
1,081,614
193,883
208,184
622,313
749.095
wk.'QS.
Binee Aug.
142,241
1.
1890-1900...
1898-99
1897-08.
Wheat
tour,
Baltimore
Richmond
New
Orleans*
Newport News
Portland,
bush.
135,564
42,006
7.080
62.119
62,010
2.535
12.284
47,675
80,123
,.
BoBtou
Montreal
PhUadelphia
Norfolk
Galveston
yVneat,
bbU.
184.800
816,696
41,800
67,877
243.888
9,804
88,000
536
100,000
96,800
11.607
B
Total week
Week
Oat$,
bush.
Barlev
461.176
184,672
614.800
213,521
20.600
98,458
87.188
28,613
98,025
136,006
17,000
101,108
1.276.892
961,167
1899
Receipts do not include grain paislng throa«rb
ports on through bills of lading.
,
bush.
*
10.400
1,233
Wheat
16.728.183
18,065.651
6.122,090
765.114
1.304.144
6.911.051
19.887.892
11.407,666
810.425
1.669,276
1.941,132
18.402,718
4,7U9,e80
669.757
561.061
42.975,181
40,686.009
26.384,346
"
"
Bye
"
"
'3oi816.427
Total grain....
1898.
The exports from the several seaboard ports for the week
3, 1900, are shown in the annexed statement
euding Feb.
517.993
65,966
5,837
48.876
week and
since
Wheat.
Week Since
,
vorn.
,
237,463
Total
Total 1898-99.
226,919
394.013
6,63?,388
8,162,407
1.397.686 42.941.78S
3.07a,5;7 76,377,486
3,411.239 88,859.893
3,8S0.36» 75.9i38,109
..
.
Feb. 3.
1,1898.
3.
Sept,
1. 1899.
huah.
26.568,793
bbls.
tins A.
24,663
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, Feb. 3, 1900, was as follows
Wheat,
Ii\ store
at—
Hew York
Do
afloat
Philadelphia
Baltimore
Orleans
Galveston
1,070.000
66,000
46,000
2.189.000
143,000
1,163.000
Blontreal
Toronto
Buflalo
afloat
Toledo
Do
237,000
206.000
040.000
3.000
117,000
•«••••
281,000
4.000
163.000
1,265,000
1,080,000
835.000
479.000
81.000
207,000
'90,006
232,000
376.000
sio'ooci
4/3,000
603,000
Barlev %
b\uh.
310,000
Oats,
bush.
693,000
bush,
621,000
1,880.000
149.000
1.005,00u
220,000
New
Do
Corn,
bush.
Boston
18,000
'77,600
28.000
40,000
894,000
RV*.
bush,
loiiobb
8,000
"olb'do
61,000
175,666
'88.<W6
"8,0()6
'i<).*()<>d
afloat
663,000
381.000
'87.0CO
14,931.000
86,000
236,000
4.931.606
1.167,000
1,359,000
158,000
Detroit
Do
afloat
Chicago
Do
afloat
Milwaukee
Do
477,000
afloat
Bt.Wlirm& Ft. Arthur
3,216.000
7,423,000
248.000
14,H95,00o
1,389,000
469,000
isb'.ood
379,000
179.00f
aew'.o'o'o
858.00'6
28*,b'o*6
"ts.'ooo
524,000
142.0G0
11,000
31,000
316.000
182,066
342,000
76,000
'
Feb. 3,1900. 54,381,000
Jan. 27, 1900. 65,598,000
Feb. 4. Ib99* 2H.981.000
Feb. 6, 1898* 86,022,000
Feb. 6, 1897* 47.885.000
14,683,000
14,626,000
28.208,000
39,606,000
23.332.000
jttluth
DO
afloat
Minneapolis
at Louis
Do
afloat
Kansas City
Peoria
Indianapolis
Total
Total
Total
Total
Total
8,124,000
59,000
'li.'oo'o
"'71,660
681,000
81,000
28,000
1,000
6,776,000
6.832.000
7.088.000
11,766.000
18.324.000
1.184.000
1.163,000
1,667.000
3,698.000
8.864.000
1,600,000
1.760.000
3.211,000
2,673,000
8,321,000
Auction Sales.— By Messrs. Adrian H. MuUer
Shares.
550 Natl.
Bank
Citizens'
& Son
:
Shares.
Haven &
85 Fair
$39 75 per sh.
29 Market & Ful'n Nat. Bk.230
10 Manu'rs' Tr. Co. of B'lyn.310
25 Wmiainsburg Trust Co. .190
122 Nor. Amer. Trust Co. .150-152
20 Title Guar. & Trust Co..390i8
200
20 Trust Co. of N.Y
10 Lawyers' Mort. Ins. C0..IIO
1425
9 Union Trust Co
5 Merchants' Refrig. Co... 93 13
50 Bank of the State of N.Y.130Jfl
55 Continental Nat. Bank..l35i8
200 Gramercy Sugar Co... 2 1-2 Ik
Bonds.
$4,400 Sea Beach Ry. Co.,
con. 49, 1916; guar,
M&8
&
R
by B.
86
T. Co.,
$14,000 Det. Lima Nor, Ry.
Co., Ists, trust CO. certs, of
-?
.
Westville
RR. Co. of N. H„ Conn.
144 to 14858
116
100 Citizens' Fire Ins. Co
217ie
20 Home Ins. Co
I6714
40 Niagara Fire Ins. Co
60 Atlantic Dock Co. of
8714
Brooklyn
2 Central Trust Co. of N.Y.2115
625
3 Guaranty Trust Co
•Z Horn 811. Min. Co.$l 50 per sh.
2 Natl. Union Bank, N. Y.624»3
2 Natl. Safe Dep. Cc.N.Y.lll
1 New Ams. Gas Co. pref .. 4712
27 North Star Mines Co...
$3 50 per sli.
1651
2U.S.Tru8tCo
16 Amer. Exch. Nat. Bank.. 187^
455
11 Bank of America
8 Merchants' Nat. Bank. 17
557
3 Continental Ins. Co
6 Oswego & Syracuse RR.
21514
Co
20 B'klyn Acad, of Music
113
(with tickets)
4 Phenix Ins. Co. of B'klynlPO
195
80 Oriental Bank
19 Louis. Hend. & St. L. Ry.
Spencer
&
2058
deposit
$10,000 Amer. Lithographic
29
Co., deb. 6s
$50 N. Y. Athletic Club, 2d
58,
1910,
A&O
80
$5,000 Atlantic Coast Elec.
LlghtCo. l8t58
921a &
19^
int.
29
Trask &
BANKERS,
PINE STREET,
-
-
-
Co.,
NEW YORK.
-
Transact a general banking businessi act as Fiscal
Agents for corporations, and negotiate security
issues of railroads and otiier companies. Execute
commission orders and deal in
INVESTMENT SECURITIES.
Rranch
N. Y. Stock
Bxchange
Moffat
New Orleans toi torelKD
bUSh.~6,568,639
Barley
41. 137
347, 533
Other conntrles
AC. America.
West Indies
Br.N.Am. Colo's
9,016
239.232
1,869.281
Oats
•••*•••
:
Offlce. 7 State St.
Albany
alexandbe M. Whixb, Jb
6BOBOB Babolay Moffat.
287.084
97.312
1899.
2.486,099
10,059,616
6,319.349
l,617.g87
191.137
371,775
179.090
•••••••-
19.130
226.919
394,013
Kour.Since Sept.
bbl'
d.
Members
83.030
1900.
1.885.939
"
x«5f UOO
957.462
416.661 17,181,187
6,846
2,668
5,148
1897.
1,681,129
Oorik
'24
4.391,798
936,549
405,133
624,318
114,706
186.835
to—
Onlted Kingdom
27
:
bbll,
16.075
••••>••
168,809
6.177
13.996
29,3«4
411
8.162
Sept. 1
Fea.
Continent.
900
Total receipts at ports from Jan. 1 to Feb. 3 compare as
follows for four years
Sec«tpt»0/flour
•••••••
••••••*
ioi'ibs
Week Since 8»rt,
1.1899.
Feb. 3.
biu/i.
bush.
1,176,746 88,616.740
2.165,625 48.703.359
144.400
6.266
485.278
11.914
386.83S
20,575
674,285
32.098
Week
Exports for
week and sine*
Rye,
buth.
i9.136
413.5?8 1,230.759 2.718,321
434,192 2.928.892 3,772,818
636
below
tor
172,575
18,947
132,097
Me
Pensaools
Bt.John. N.
Corn,
bush.
540.108
446.870
89 744
603.000
170.630
153.480
106.000
60,776
3,016
•••••••
.••••••
Barlev,
bV4h.
136.404
88,288
83.SS9
65.000
24,708
180,886
6,837
of these exports for the
1899, is as
Co., pref. tr. CO. certs..
The receipts of flour and grain at the seaboard ports
week ended Feb. 3, 1900, follow
Mew York
1,
bush.
41.137
11.607
The destination
Peat,
bush.
^*1'
4.759
18,110
24.803
12.719
80.122
47.676
2,678
Total week.. 1.397.686 3.411,239
Same time '99.. 3.072,527 3,830,363
September
Oat*.
bush.
111,138
29,106.880 4.089,774
28.855.927 7,628,626
26,444.241 7.514.472
10.512,877 136.561.050 119.409,118 94,957.444
8,881,044 198.250,659 124.687,997 98,835.726
6.918,292 16n,865.fl06 l'<5,4.59.659 109,645.955
at—
Flour,
bbU.
73.911
bush.
636,6H2
45,465
60.776
584,148
696.118
932,308
163,430
170.630
279.786
3.016
Norfolk
dewp'rt News
Salveston
Pensacola
91. John. N.B. 132.097
the
Rteeipti
Corn,
.—
Btopgrtt from- bush.
524,301
:few York
336,909
Boston
Me. 96,800
Portland,
40.000
Philadelphia..
228,186
Baltimore
New Orleans.. 40.000
.
Samewk.'QQ.
Same
ib
80.710
23.100
13.187
5.760
3,391
2.078
60,750
38,700
64.910
. .
Kaniai
560.638
354.150
17.291
83,400
1.439.380
1,413,450
Toledo
3.117,814
265
&
White
BANKERS,
...
INVESTMENT SECURITIES.
Members New York Stock Bzohange.
No.
1
NASSAU STREET,
36
NETl^YORK.
NASSAU STREET, NEW YORK.
FISK
& ROBINSON
BANKERS
INVESTMENT SECURITIES.
HABVBY EDWARD
FISK.
GEORGE
Member N.
H. ROBINSON,
Y. Stock Exchans*
:
.
THE CHKOJSJCLE.
266
^awfejers^ ©a^jettje*
DIVIDENDS.
Per
Name of Company.
C ent.
Railroads (Meam).
Cleveland &
Del.
:
Pitts.,
1%
guar, (quar.)
guar. (qu.).
&Bound Brook,
Mexican Northern
"
•'
(quar.)
4S
(t^xtra)
Beading Company, Ist pref
St, Louis & San Fran.. 2d pref.
Union Pacific, com
'•
2
.
l»fl
2
pref
Street Rallwrays.
Milwaukee Elec. Ry. &Light, pf
JTllnccIlaneons.
Feb.
1%
(quar.)..
3V?,
Rubber Tire, pf (quar
Diamond Match (quar.)
.
General Chemical, com. (quar.).
Niles-Bement- Pond, pref. (quar.)
Standard Oil (quar.)
U.S. Envelope, pref. (quar
)
,
1
1
Feb. 10
Mar. 1
2^ Mar. 12
Mar. 1
1
!"« Feb. 20
20 Mar. 15
1% Mar. 1
Ik.
)
The following were the rates of domestic exchange on
at the under-mentioned cities to-day: Savannah,
buying par, selling $1 00 per $1,000 premium; Charleston,
buying par, selling % premium; New Orleans, bank, $1 00
premium; commercial, 75c. discount; Chicago, 20c. per $1,000
premium; St. Louis, 30c. per |1,000 premium; San Francisco,
\2%c. per $100 premium.
United States Bonds. Sales of Government bonds at the
Board include $88,000 3s, coup., at 1091^ to 109^; $2,900
—
ditto, small
bonds, at 1^9 to 1091^; $500 3s. reg., at 109%;
$10,000 4s, coup., 1925, at 134%; 11,000 4s, reg., 1907, at 115
to 1161^, and $7,000 5s, reg., at 11234 to 113i^. The foUowing are the daily closing quotations; for yearly range see
seventh page followino
Feb. 19
to
2
Holders of reo. Feb. 20
Feb.
Feb. 15
to
Feb. 10
Holilersof leo. Feb. 15
Feb. 11
to
Feb. «
Mar. 1
to
Feb. 21
Mar. 12
to
Mar. 4
Mar. 1
to
Feb. 20
Feb. 20
to
Feb, 11
Holders of reo Feb. 15
Mar. 1
to
Feb. 16
WALL. STREET. FRIDAY, FEB. 9, 1900.-5 P. M.
The Money Market and Financial Situation.— There has
Feb.
Feb.
Feb.
Periods.
3
5.
Feb.
Feb.
Feb.
7.
Interest
7
Feb. 15
50c. Mar.
Central Fireworks, pref
Consol.
2
1
2
Mar.
Mar.
to
to
2
Feb.
)
American Radiator, pf.
Bethlehem Steel (quar.)
Apr.
Apr.
8 Feb. 20
3 Feb. 2^
m 10
2^ Mar.
Philadelphia Co. (Pittsb.), pref.
Wilm. (Del ANewcastleEleo. Ry.
.
Mar. 1
to
1 Feb. 11
Feb. 20 Holders of reo. Feb. 9
Mar.
to
Mar. 2 Feb. 18
Mar.
l»s Mar.
Mar.
1
LXX.
New York
Books closed.
(Days inclusive.)
Wfien
Payable
[Vol.
8.
9
6.
reg. Q. -Mch. *102ifl *102is *102is -102i« •10212 '102 ig
reg. Q. - Feb. *109»4 10914 *1093p '10J!38 •10936 -109%
28,
38,1918
38,1918
coup Q. - Feb.
3s, 1918, small. reg. Q. -Feb.
38, 1918, small, o'p. Q. -Feb.
48, 1907
reg. Q. - Jan.
48, 1907
coup. Q. -Jan.
4s, 1925
reg. Q. -Feb.
48, 1925
coup. Q. - Feb.
5s, 1904
reg. Q.-Feb.
5b, 1904
coup. Q. -Feb.
*109i4
IO914
10938 •10938 •10938
n09" i09i« io9"
115 14 -114ifl »114% •115
*114>« *114i2 ^114\ •115
•134
*133>« *1.^3»» *134
*133i^ *133i2 *134
*134
11318 *11212 •112% -112%
ni2i2 •I12i« •112% •112*1
*i09"
109%
*i09" •109"
115 •11478
*114''8 114'^&
•134 •134
1343g •134
•112% •112%
•11234
112%
no sale was made.
been no important change in conditions governing the seState and Railroad Bonds.— Sales of State bonds at the
curity marliets. The latter were somewhat more buoyant Board include $1,0^0 Tennessee settlement 3s at 95 and $92,early in the week than for some time past, but this feature 000 Virginia fund, debt 2-3s of 1991 at 85i^ to 853^.
was not maintained. The war news from South Africa,
Railroad bonds have been in fairly good demand. The
which was quite different in tone on consecutive days, had dealings, which averaged nearly $3,000,000 par value per
only a slight effect in Wall Street. The markets were al- day, were largely in speculative issues, and the market, folternately strong and weak under the influence of develop- lowing the course of the market for stocks, was strong durments affecting specific issues, a limited investment demand ing the early part of the week, with some reaction later.
and the efforts of the trading element at the Stock Exchange. Closing prices are generally, however, a fraction higher
One of the most important of the developments referred than last week. Kansas City Pittsburg & Gulf 1st trust
to was the announcement of a dividend of 13^ per cent on receipts advanced over 5 points on an active demand, stimUnion Pacific common stock, thus placing it on the divi- ulated perhaps by the progress now being made in reordend-paying list and stimulating a demand for the shares ganization. A few other active issues advanced a point or
at advancing prices. The cause for an active inquiry for more, including Erie general 4s, Missouri Pacific 5s and San
PenDsylvania and for Norfolk & Western, which resulted in Antonio & Aransas Pass 5s. In addition to the above the
an advance of about 5 points in each stock, is not so ob active list includes Atchison, Baltimore
Ohio, Brooklyn
vious, although it may be wholly due to the present earn- Union Elevated, Central Pacific, Mexican Central, Norfolk
ings and prospective heavy traffic of these companies. More- & Western, Northern Pacific, Reading, St. L. & Iron M., St.
over, there is undoubtedly an increa.sing investment de- L. So'west'n, So. Pac, Un. Pac, Wabash, West. N. Y. & Penn.
mand for securities. Evidence of this is seen in the bond
Stock and Bond Sales. The following shows the volume
market, where the volume of business has been larger than
of business in stocks and bonds on the New York Stock Exliquidating sales during the panic in December.
since the
change for the past week and since Jan. 1
If there has been any change in the European money
Jan. 1 to Feb. 9.
Week end. Feb. 9.
Sales at
towards an easier condition.
markets, it has been
1900.
1899.
1900.
1899.
N. Y. Stock Exch.
$784,700
*110,300
$2,28.i,0flO
$119,400
Locally rates are unchanged, but as the Government in- Government bonds
51.900
899,700
93.000
442,600
State bonds
ternal revenue receipts are now turned into the Treasury RK. and miac. bonds.... 15,007.000
24,450,500
61,227,700
182,282,400
instead of into the banks as for some time past, the effect
$24,612,700
$05,412,100
$15,219,400
$18.^010.060
Total
upon the market is regarded with interest.
14,669,806
3,822.059
3.786,332
30,686,22*
Stocks— No. shares
market rates for call loans on the Stock Exchange BankPar value value. $327,500,025 $371,150,100 $1,375,403,312 $3,065,150,760
The open
11,100
$20,500
shares, par
$34,350
during the week on stock and bond collaterals have ranged
We add the following record of the daily transactions
on call were 2 to 2J^
from 2 to 2^^ per cent. To-day's rates
Railroad, etc. State
Stocks.
U.S.
Week ending
per cent. Prime commercial paper quoted at 4 to 5 per cent
Bonds.
Bondt.
Shares.
Par value.
Bonds.
Feb. 9, 1900.
This
is
the price bid at the morning board
;
&
—
—
—
.
.
.
>.
.
333.497
$32,587,200
$1,831,500
$4,000
The Bank of England weekly statement on Thursday Saturday
2,096,500
716,508
69,625,900
$1,000
3.00O
Monday
showed an increase in bullion of £14,314, and the percent- Tuesday
3,490,500
8S.900
907.736
87,766.825
12,000
500
860.544
82. 16,400
3, 188
50.000
7,000
age of reserve to liabilities was 4659, against 46*22 last week; Wednesday
1,969,000
10,000
565,947
55,403,700
20,000
Thursday
the discount rate remains unchanged at 4 per cent. The Friday
412,100
38.748,750
1.841,000
20.000
1.500
Bank of France shows an increase of 4,300,000 francs in
$16,007,000
3,786,332
$366,248,775
$03,000
$119,400
Total
gold and 1,525,000 francs in silver.
The sales on the Boston and Philadelphia Exchanges were:
The New York City Clearing-House banks, in their statePhiladelphia.
-Boston.ment of Feb. 3 showed an increase in the reserve held of
Listed Unlisted Bond
Listed JJnlisled Bond
shares. shares.
sales.
shares. shares,
sates.
$5,441,100 and a surplus over the required reserve of
1
Saturday
$30,871,275, against $29,277,975 the previous week.
Monday
Tuesday
1900.
Feb. 3.
1899.
1898.
Feb. 4
Feb. 5.
58,072,700
75.407.900
741,526,600
14,601,600
880,022,500
197,207,800
60,250,500
257.458,300
220,005,625
69,022,700
74,271,200
633.859,800
14,392,400
733,827,500
114,088,200
104,150,300
Differen'sfr'm
Prev. week.
Wednesday
Thursday
Friday.
Total
59,422,700
80,980,200
Loans & dlsc'nts. 699.582,600 Inc.
16,860,900 Inc.
Circulation
795,917,300 Inc.
Net deposits
162,765.100 Ino
BpeoJe
Legal tenders
67,085 500 Inc.
229,850.600 Ino.
Reserve held
198 9.9,325|Ino.
Legal reserve
Capital
Surplus
11249800
223,800
11,719
21.019
29.683
40.234
30,208
15,280
9,411
15,838
28.373
21.477
14,492
14,294
$54,700
73.560
47,027
80.647
76.030
72.736
148,013
103,885
401,700
16,627
25,110
30.807
22,0S3
15,358
7,687
11,457
25.229
30,680
40,723
22,090
18,264
$388,260
575,670
565.023
243.925
319,399
205,000
116.672
146,443
2,295.060
—
Railroad and Miscellaneous Stocks. The stock market
was strong during the early part of the week and a consid-
list of active shares advanced from 2 to 6 points.
Tuesday's market was buoyant, transactions at the Ex5,002,600
change amounting to over 900,000 shares.
438,500
This movement carried prices far enough above the low
5,441,100
218,238,500
3,847,800
183,456,875 quotations of December to make the profits inviting, and
many recent purchasers took advantage of the situation to
Surplus reserve 30,8:1,275 Ino. 1,593,300 37,452,675 34,781,625
After a firm opening on Wednesday a reaction set
realize.
Note.— Returns of separate banks appear on pages 264 and 265.
in as a result of the liquidation, which was augmented by
Foreign Exchange. The market for foreign exchange has sales for short account. Thursday's market was dull, but
firmer, Mnd closing prices were generally above the lo%vest.
been dull and steady on a limited demand for bills.
To-day's market was the dullest of the week, and in most
To-day's actual rates of exchange were as follows:
15391200
erable
—
Bank-
ers' sixty days' sterling, 4 843^@4 841^; demand, 4 87i^@487i.^;
cables, 4 87%(§:4 88; prime commercial, sixty days, 4 83^4^ (d
cases prices declined.
documentary commercial, sixty days, 4 8'd@i 84:
4 84
grain for payment, 4 83%@4 84; cotton for payment, 4 83
@4 83^; cotton for acceptance, 4 83^(@4 84.
traffic.
;
Posted rates of leading bankers follow:
February
9.
Sixty days.
4 85
Prime bankers' sterling bills on London.
4 S3^®4 84
Prime commercial
4 83 @4 84
Documentary commercial
PariR bankers' (francs)
Amsterdam (guilders) bankers
Frankfort or Bremen (reichmarks) b'kers
~*Tie88 lie.
5 1938*®1938
401],.® 4018
94ifi®949i6
Demand.
4 88
'S>4
88i4
516V®516i4
406i6'ai4038
95®95iifl
The grangers were strong on reports of increasing grain
Union Pacific was notably active and advanced
points on the announcement of a dividend. Norfolk &
35^
Western and Penn.sylvania advanced over 4 points on an
The local traction stocks were erratic.
active demand.
Third Avenue covering a range of nearly 12 points. Metropolitan St. Ry. 9 points and Brooklyn Rapid Transit 5 points.
The miscellaneous list was active and irregular, but genAmerican
erally strong, led by the iron and steel issues.
Sugar Refining was exceptionally weak; on rumors that
the next dividend will be at the rate of 6 per cent, it declined 9^i^ pohits, a part of which it has regained. American Tobacco, Anaconda Copper and General Electric ad-
vanced about
5 points.
.
.
.
,
.
.
.
.
.
Feb.
THE CHRONICLE-STOCK
10, 1900.]
New York
Stock
Exchange—A
PKICES
(2 pages)
Monday,
Feb.
Feb. 3.
17
•18
•48
4&
80M
08^
91H «a^
76« 77«
7*H 7»H
•16
liS
80
•HiH
«»T*
S5
99
•BO
•98
48li
8194
6494
76
75
68)4
6094
7594
73)4
64
7794
77
66
'97)4
58
99
49 ^
50
95)4
96
50
48)4
91
L8S
ilSK 118
29^ 29%
185%
a«?4
4U
30)4
185)4 186)4
124)4
39
90
•118
38
136
98)4
13«
13%
88)4
•87)4
16
16
16)4
49
48)4
49
•40H 41
•15
{t9
77
77
41
16
41
L7!i
i6i« lasM
2194
84%
63%
7794
78)4
•18
45
3094
6894
77
108M 109Ji
302
117
14)4
14)4
87X
89
77
41
•769<
41
18
50
109%
109)i 110
117
•98
118
499i
50
98)4
•85)4
98)4
96)4
97)4
499<
•90
97
60
11«
18
37
37
63M
62)4
63)4
30
64
19
51
61H
118
•170
108
•8«
9H
•8l« 83
CM
19
51
8)4
84
•3)4
44
43)4
15^
1S><
•15
15)4
114 117
179)4 118)4
18
18)4
117)4
178
18)4
69« 70
70
16
14)4
•IIH IS
•12)4
•1194
83)4
*14|J
•494
{34
•16
34
19
48
48
93
•91
34
5N
543)4
6H
44
158M 160
18
47
•91)4
108
20
64
19
53
9
33
16H
829i
J109
80
54
•9
9)4
84)i
249i
5)4
5H
5)4
44
44
114
177
19
116)4
178)4
115
1994
20
15
44
16«
§149<
177
71M 72
7094
16
15
5
139<
18
1194
33%
34
19
19)i
«48)i
•91)4
93
160)4 161)4
73)4
1609i
130
175
«89)4
7794
41
1696
46
11)4
89
63)4
109
20
54
10
24)4
6)4
44)4
15
116
179
2094
73)4
16M
13)4
5
12X
30
48)4
13)4
3594
20
47)4
36)4
20
4794
91)4 93
93
160M 160
160H
20)4
9)6
34)4
97
40
95
125
14)4
89)4
7794
41
1696
Do
117
170
119
178
13
18
119
180
18
x609i
108 108
31
31
50
84)t
34)4
84)4
62
61
6'j
63
•lllM 118)4 112X
34)4 34)4
6396 6394
112)4 113)»
12)4 12)4
54
55
•13
14
112)«
18
18)^
12
18
68)4
53
53)4
189i
8
53)4
18H
:jH
4
•15
17
»81
84!^
•194
•60
83
35
810
SB
79« 'im
96V6
17194
173X
85
35
3
15
81
85
194
•50
79V4
9694
172
26
77)4
11« 18
11)4
•394
139*
S%
8
3
4
64M
649<
•93
93
4
64)4
16
35
50
10)i
339i
46)4
10)4
3»9i
4594
*<»)4
41
41
48
184)4 1349i
18)4 13)i
184
84)6
•SS
31)t
3
4
17
4
34)i
16
63
16)4
53
10
••>)«
47)4
43
42>,
46
.
Do
35
84)4
18)4
13)4
85
80
88
83
38
369i
|81S)4 213)4 '813
316 1815
38% SS9( 84
88J4 83)4
86)4
71J6
68)4
7514
71X
B3%
75%
61)4
61H
•83
88
68
•63)4
130)« 131
86)4
78)4
53)4
75)4
51)4
88
83
315
213
84>^
8494
38% 30
73)4
63)4
75)4
74)4
64)4
76)4
x76
51)4
53
«61H 68
54
76%
51«
88
485
68
75
•87
96
•87
98
18)4
58»<
29i
18)4
•68
54)4
pref
1096 Colorado Mid., rot. tr. otf s.
Do pref. vot. tr. otfg.
2694
160
180
67)4
39)4
Bid and asked prices
;
68
87
189<
5894
88)4
58)4
sales
.
i
reat Northern,
Street H,allwaya.
NBW YORK CITY.
BlMCk St A Fu] F— Stock.
1st men 4i 1950... J&J
B'way
A
7th
Ave— Stock.
Bid.
36
100
830
104
110
Ask.
40
103
340
105
113
Istmor 5sl904...JAD
»d mor 5s 1914.... J&J
Con 5s 1943— Sw Stock Bxchi ist.
B'way Surf Ist 5b gu. 1924 U7 118
>d 6slnt as rental. 1905 104
105
Central Crosstown— stock 866
380
Ist
M 6s 1932
MAN
{186
•n Pk N A B Rlv— Stock 196
Oonsol 7i 1903
JAD 107
180
200
109
113
•13
S4V4
13)6
894
•3
•15
54% 54%
54H
13%
514)4
14)4
8)4
9)»
4
17
20)4 38
83)4 86
•194
310
•50
55
•15
•2096
•84
177
•3
•194
50
81%
76
86)4
iiOO
•26)4
28
7994
12)4
4
v^]4
4
64X
•93
•15)4
•53
•10%
34
,
•39i
18
55
52
*im
18
61)4
75
98
19
68
89%
8)6
88
87
69 May 103 Dee
8496Mar B0)4Mar
46)4Deo 70 Jan
85 Feb 94 Nov
97 Jan 18696NOT
e
(
2
i
a39<May
31%Deo
7
ll4)4Dec
36 Deo
699<Jan
tl894Jan
1096Deo
88 Dec
5094Jan
88 J'ne
79iJan
31 Jan
14 9)4 Feb
118 Deo
166 Dec
l41)4Jan
188 Jan
100 Deo
91 Feb
170 Jan
7)4Jan
136)6Sep
179 Sep
173 Sep
.
Minn.
St. P.
13)4
•13i4
75
34
36
79
86
N
5313
84%
23)4
38)4
8996
75
x72)4
rects...
8d pref
8. Marie
400
85C
6,046
55,100
7,396
pref.
5394 Nor. Pae. By., vot.
51% Paciflo Coast Co
Do 1st pref
89
Do 8d pref
66
83
88
66
134
2)i
68
2)4
•87
18H 18%
76
98
18M
78
98
19
5696
67)4
56
39
29
88)4
t
669i
2891
Street Rall^ray,
Bid.
Christ'p'r&lOth 8t-8tock 17
ColA 9th Ave 58-S«« Stock Bichl
Dry D B B A Bat— Stock.
125
1st gold 5b 1933... JAD 5116
Scrip 5s 1915
FAA 102
Blghth Avenue Stock.
390
Scrip 68 1914
108
—
.
42d A Gr St Fer— Stock..
42d St Man A St N Ave.
lstmort6s 1910.. MAS
2d Income 6a 1915. JAJ
390
68
.
33,008
68,673
9,443
1,890
Do
pref.
Reading, voUng tr. ctf s.
1st pref., vot. tr otfs.
3d
pref.,
t
voting tr
ctfs..
Before payment of assmt.
—
.
, .
75
W PAM
Yonkeis St
11
8
50
Jan
6
25
25
7
8
6
8
48)4Nov
98)4Sep
36 Jan
30 Mar
14 Feb
t43)4Jan 195 Mar
Aug
14
6 1)4 Jan
9)40ot
4 9)4 Jan
May
6
3796Sep
86)48ep
I05)4l>ea 132 Jan
10)4Mar 1694 Aug
40 Dec 63)4Aug
16 Mar
794Jan
82 J'ly
63)4Dec
7
3 May
15 Mai
1494J'ne
2
17)4 Jan
3
5)4Feb
23)4Aug
31 Dec
85 Deo
60 Jan
308 Jan
1 96)4 J an
45 Dec 85 Apr
83 Mat 88960ct
85)4D8C 13396Apr
147 Dsc 289 Mar
13)4 Aug 89)4Nov
44)4Ma} 83 Nov
l7)4Apr
6 Jan
6)48ep
1
Jan
10 Oct 116 Jan
78 Aug
35)4Jau
8
69)4Feb
96 Feb
6
2
99)4 Nov
73)4Jan
37)4Ma7
894 J an
78 Mar
39 Feb
9)4Dec 14%Jan
3894Dec 45)4Aiig
3d Dec 58)4Apr
68 Aug
32 Jan
176 Jan il87 Nov
5
ISO
55 Jan 20
10)4Jan 12
4-9iFeb
23)4Jan
6
16
34%FeD
Nov
8
17)4NoT
16)4 Jan
43 Jan
6
7
8
Dec 14494 Mar
199iJan
Oct
41 Jan
5390 Mar
S360 Jan
5130 Jan 18 l39}4Jan 5188)6Mh
§21594Jan 3 1198 Jan 5232 Apr
88%Mar
25)4Feb 7
1896Jan
70 May 88%Nov
a896Ang
1796Mar
30 Feb 6
76 Feb h 6196Jan 74)4Ang
4396Jan 67)4Aa8
64)4Jan 2
76)4Feb 6 68 Deo SlHJan
83 J'ne 68 Jan
6894J'ne 779iiSep
38 May 54 Nov
63 Jan
84)4Apr 90 Feb
87)4Jaa
689iNov
68)4J'l7
6894Jan
(35 Feb
183)6 Jan 148 Jan
3 Deo
2)4Deo
132 Feb
796NOV
1 Jan
8)6Jan
43 May 88 Jan
80)4Jan
94 Jan
80 Feb 100 Aug
15)4Dec 86 Jan
19 Jan
1394Feb 1
85 Jaa 31
38 Feb 7
ll)4Dec
65 Mat
39 Deo
86
58)4 Feb
42)4Deo
83)4Dec
68)6Apr
38)4Mar
30
Feb
1 All asseasts. paid.
I
Lowest
is
ex
rights.
PAGtm).—81REET RAILWAYS, Jc
Ask.|
Street Rallwaya.
Bid.
180
Second Avenue Stock.
196
Ist.
Ist mort 58 1909. .MAN 107H
150
Consol. 5s, 1948.. .FAA 116)4
118
Sixth Avenue— Stock..
209
104
Son Boulev 5b 1946.. JAJ ni3
406
So Fer iBt 5s 1919. .AAO {114
110
Third Avenue— 5ee Stock Uxoh
410
Tarry
5g.l928 103
116)4 117
88)4 90
SOMJan
72)4Jan
85 Jan
649iJan
98,860 28)4Jan
1,840 27)4Jan
3,680
2)2Feb
800 65 Jan
90)4Jan
4,950 17)4 Jan
43,270 49 Jan
10,630l 26 Jan
sub. rccts. fall paid.
6
2296J8n 10
67 Jan 8
80
172
..,..
7 coijsboutivb
Lex AvA Pav F 5s-S«« 8tk Bxchi ist.
Ninth Avenue— Stock.
196
206
.
178, 196
Peoria Deoatur A Bvansv.
PltUb. Gin. Ohio. A St. L.
Bx dlv. and rights,
(Givbk at foot of
5130 Jan 18
20%Jan
7
2B96Apr
80 Apr
83)4Jan
15)4Dec
36 Mar
70 Jan
.H
2
ll)6Deo
37 Sep
87%Deo
l2^Jan 22
4
4MJan 3
22 §112 Feb
S
49)4 Deo
Apr
8
8
269 5212)4Jan2v
Do
pref.
Or.BB. A N.Oo.Tot.tr.cfs
Do pref., vot. tr. otfs.
Do
8)^
3
V-
Jan
32 Jan
36)4Mar
79iJan
10 Deo
19
22
16 99%Feb
15 181 Keb
2^ 27)4Feb
v S7994Feb
81
42,437
tr. otfs.
•64
132)4 133)4 Pennsylvania
6
3
7
Feb 2
27 Jau 2
4
2 87 Jaa
6
3 5200 Jan
4 55 Jan 30
82 i* Feb 7
325
900
188)6Jan
136)4 Sep
185 Sep
16%Dec
13% Feb
9HFeb
2
aiO%Sep
63 Dec
18)4D«c
55)4 Feb
12)4 Jan
53)4N0T
8%Jan
49680P
85 Deo 58)4Mar
ia)4Dec 35 Mar
l08)4Jan 1859<Apr
167 Jan 194)40ct
7
57 Jaa
794Jan
3496Feb
6«94Feb
114)4J»n
1294 Jan
60(
8d pref
5
174)4 Jan
5
4496Sep
19 Not
16)4J'ly
13i4Feb 9
38)4Feb G
2096Feb e
48)4Feb f
92)4Jan 31
15 Jan 2tf
31)4Jan 11
3896Jan 11
3w Jan 12
3094J«ii
108)4Ang
86)4Ang
37)4J'ne
6 Got
8
e
8
47 Feb
IC II 83)4 Jan 1^ 5184 Feb
84,967 131)4 Jan 2 138 Jan
Y.Laek.
51
51)4
Jan
9
6 Jan
14%Jan
Harlem......
A Western...,
N. Y. New Haven A Hart.
814
84 N. Y. Ontario A Western.
Norfolk A Southern....,,,
39H Norfolk A Western
Do
7294
pref.
75
10
t
ao)4P"eb
25
9094 Jan 12
15 Jan 2
50 F, b 5
"300
1st pref.
63)4
74)6
64)4
76)4
47HJan
Feb
6896Apr
100)48ep
18896S«p
31)4Dec 56)4Mar
42)4Jan 6494N0T
94 May 108 Dee
169<Jan
9 J'ly
73)4Feb
16)4Feb
Jan
Jan
83HFeb
S
44)4Jaa 24
1594Jan 3
119 Jan 3
180 Jan 30
Jan
39,631 7 7)6 Jan
69,470 9094 Jan
49,549 l59)4Jan
1,141 24)4Jau
IS 5 73 Jan
4,330 1 OX Jan
1,200
394Jan
10 5104 Jan
4,886 58 Jan
NY. Ohio. A St. Louts...
Y.
Do
Do
New York A
Jaa
Jan
5197 Jan
81
2
Feb
1096Feb
26 Feb
6 Jan
7%Jan
20 c
1
;
21
51
U%Jan
9ao
.
St. Lonls..
Do
Jan
56 Jan
6)4Jan
. .
6
173)4 Jan
40V6Jan
90 Jan
15 Jan
10
6
i
164)4 Jan
199)4Feb e
111)6Feb 7
123)4Jan 81
172 Feb t
18 Feb e
39 Feb 7
65 Jan 6
109)4Jan 6
1596 Jan
48
6
125)4Peb
15 Feb 2
21)4Jan 19
Do
3394
pref.
4694 Missouri Paciflo. , . . , ,
46 MobUeA Ohio...
45%
1394
133
816
8896
74)^
5394
74)4
f
81
4fl94Jan 31
Sl^Jaa
800
34%Feb
6094Jan
17)4Jan
4;4JaD
13 Jan
1196Jan
1,000
l,7d9
4,83C
Kanawha & Michigan...
an. C. P. A Onir, tr.rec.
Keoknk A Des Moines
Do
pref.
Lake Brie A Western.
Do
pref.
Lake Sh. A Mich. South
65
389i
84
813
84
9794 Feb
19%Oot
48)40ct
88)|Aa«
48%J'ne 61)4Apr
67)4Jne 86)4NoT
61 Dec 187 Apr
80)4Mar 69 Not
57)4Jan 81
98)4Feb 1
4 1)4 Jan 31
1.680 30)4 Jan
2,36b 58 Jan
3,810 1109iJan
pref.
A S.
1094 liM Mo. Kansas A Texas
11)4
3494
•131
e
89 Feb
77J<Jan
14)4 Jaa
113
'42
pref.
64M Minneapolis A
Do
95)4
64
•93
88
31
7
Feb
78 Feb
77 Jan
64
3996J'<n If
3,368 158 "Feb*
. .
Do
Mexican Nat'l tr.
Michigan Central
108
64)4
95)4
45% *7H
13H
64%Feb
93)tFeb
124 Jan
14)4Feb
5)6Jan
39 Jan
300
300
4.ueo
15,836
6,000
4,803
54
Long Island.
8196 Louisville A NashTille....
138
894
9
21
625
80)i
97^4 98)4 Manhattan EIley.,consol
etropoUtan Street
178>» 179
27)4 27)4 Met. West Side El. (Chlo.)
Do
•7994 80H
pref
Mexican Central...,
12
12
9994
181
I799J
17
32
85
210
Apr
86 May
17 May
6096Jan
i
7
81)4Jan
127 Feb
1,700 174 Jan
7,840 16% J an
5,500 66)4Jan
1,700 13)4iJan
"B"
34)4 Hocking Valley
Do
6294
112H 113)4 lUlnois Ceulral
i-owa Central
12)6 12)4
9
4
81)6
97)4
ctfg.
34)4
e29i
34)4
63)4
113)4
12)4
Less than 100 shares,
OUTSIDE SECURITIES
.
34)4
•6294
132
2)i
30
no
1,23C
7,850
4,750
1,800
pref.
GJ
r'nB.4W.,deb ofs. "A"
Deb.
13294 135
394
18%
Wheeling.
Ft. W. <k Den. C, stamped
t Worth & Rio Grande
83
64
«85)4
80
98
19
87
1894
56
57)4
3894 89)4
A
6
84)4 88
85k
65)i 65)4
181)4 13494
8
71
•
86)i
29)4
71
88^89)6
86
133
816
"38)4 "89)4
74
7494
6Sii 64)4
181
18M
69%
18^
83
73
66
13094 131
29<
4794
pref.
Clev. Lorain
.
18094
Highest.
11 99^ Jan
36,360 104)4 Jan
117 Feb
100 172 Feb
3,518
9 Jan
6,970 32 Jan
10,686 60)4Jan
620 106)6Jaa
2,000 14)4 Jan
480 46 Jan
42)4 43
4496
4394 47
184 186)4 '184
186« Morris A Bssex
186)4 •184
Central A Hudson..
13494 186)t 134)4 135)4 1339i 135)4
(183)4 183)4
135X 136!,
13^4
18
65
& Pao.
& Om..
6)4
396 Col. & Son., listed May 24
5)4
5)4
44
Do
43)4 43)4
1st pref.
do
•16
16
Do
3d pref. do
15)4
16)4
114
115 •114 115 Delaware * Hudson
177 177)4
el. Lack. & Western.
178)4 170
20)4 20)4
199i 1994 Denver & Bio Qrande. ,..,
Do
73)4 72>4
pref
7294 73
IM
16
15)4 15)4 Des Moines 4k Ft. Dodge.
•5
6)6 Dul. So. Shore & Atl
6)4
13 13)4
Do
pref
1896 13)4 Erte.
12% 13
37
Do
Ist pref
88)4
36)4 37
Do
2d pref.
19% 20)4 19)4 2094
47)4 47)4 HTansy. & Terre Hante .
47H 4794
91)4 93
Do
pref
9l>ii 93
•106
IIM 1094 11)4
34% 34)4 34H
34)4
46)4
84)4
I34)i 185)t
18)4 13)4
83
16)4
53
•131
86
4
6394 "6194
•94;^
65
94)4
98
17
50
•60
•40
89<
•16
•3096
17
39i
85)4
•16Ji
•9)4
894
8H
1394
56)4
13>4
108
84)4
•95
16
88^
45H
1894
55)4
13)4
33
86
85
85
85
194 810 194 810
50)i 5C)4 •50)4 64
81
80% 82k
8194 82
9«)4
98
99% S7>4 9994
174H 173 174)4 172)4 179)4
26
27
37
27
2 7>»
•78
78
•77)4 79
12
12
12
12)4
129«
118
1118
63
112H 1139i
30)4 38
22
85
310
54
3494
83
4
15
17
34)4
Isl.
Chlo. St. P. Mizin.
Do
10
86
3494
Book
Do
pref
Chlo. Terminal Transfer.
Do
3896
pref.
6196 Clev. Cln. Chlo. & St. L..
137)4
21
56
10
845 198
pref.
10896 109)4 Chicago
7)4
34H
789<Jan
66)4Jan 12
53 Jan 30
93 Jan 18
9094Jan
48)4Jan
.
43)4
160
46 Feb
8I94Feb
68)4 Jan 11
8
6 5)4 Jan
8&
8,180
l,6i0
pref.
CCanadian Paolflo
Canada Sonthem
Jan
1896Jan
.
39
63)4 63
108 108
60
Lowest.
Highest.
49)6
05 Capital Traction
2,02B 115 Jan
118)4 Central of New Jersey ....
17,977 2894Jan
8994 Chesapeake * Ohio
78,057 1 1 9)4Jan
134)4 126)4 Chicago Burl. & Qalnoy.
100 37)4Jaa
Chicago Consol. Traction
92 94 Chicago & Bast. IlUnols. .
61
88 Jan
•123 136
Do
pref
130 Jan
14
Chicago Oreat Western... 10,796 1196Jan
1*9^
•87
125 85 Jan
Do 4 p.c. debentnres
600 73 Jau
Do 6p.o. pref. " A"..
•77M
41
1,900 3996Jan
4 P.O. pref . " B "
Do
•18
1,670 14 Jan
16)4 Chla. Indlanap. & LonlsT.
•46
49
450 45)4Jan
Do
pref
132% 134 Chicago MUw. * St. Paul. 100,96& 11 5)4 Jan
171)4 173)4
810 169)4 Jan
Do
pref
162 188 Chicago A North Western.
1,835 158 Jan
38
5
13)4
13)4
18)4
35)4
117
172
Do
9rt
49)6
10896 10994
18)4
16
169<
•49i
13
4S)4
4994
125)4
173)4
•13
37
IIH
87
•IB
•BO
41)4
172
lll)i
•35
62)4
171
89
78
out year (1899).
I
3994 80)4
18494 126)4
•93
•130
14
14>4
117
87
08
UM
40
97
126
41
88,77(?
.
97
lis" iis" 118
38
Range forpreti-
14
* Santa Fe
pref 117,708
Do
Balt.&Ohio,TOt.tr.oertf8. 118,672
49,470
pref
7694
Do
171,962
73)4 BrooUm Rapid Transit.
55
Buffalo Rooh. A Plttibnrg
72
65
118
176
187
170
78
Lowest.
3,105
pref.
20H
S?« 64
61H 6294
82H
95
Ann Arbor
Do
21)6 Atota. Topek*
74%
108)4 111)4
118
178
46
73)4
•50
1109<
•118
•178
19
45
81H,
6494
of the
Week.
Shares
Railroad Stockd.
17
17
46
65
4994
N.
Feb. 9.
49
133 18494 123H
1839C 185
172 178
171% 171% 172
164
163)4 163% 183
18394 §164
801
199)4 199H 19894 19894 198
18a9t
1171% 1719i
168)4 163)4
197
38
16)4
•48
119^ iao» 130H
•115
178
•18
17
48
29)4 30)4
185)4 137
40
93
180
39
90
136
88)4
•76)i
•40
13«
8««
77H TIH
ISU.
•87J4
178
•16
•44
81)4
17
46
61)4
4994
Feb. 7.
•
267
1.
Range for year 1900.
On basis of 100-sh're lots
Sales
STOCKS.
Y. STOCK EXOH.
Friday,
"
~
Feb. 8.
••••«•
•38
•88«
80)4
il7« 117« 118
184H 126H
•118
•16
•44
80J<
6394
17
45
50
95
97« 91% 96
91H 97)4
40^ 49H
m^
39H
5.
«3H 08M
6IH 03^
76
76%
74« 75J4
•50
•98
Wednesday Thursday,
Tuesday,
teb. 6
Page
Weekly and Yearly Record.
Dailv,
STOOKS-SIQHBST HfD LOWEST 8A.LB PRIOBS.
Saturday,
C
.
RR 68
88th A 29th St8 Ist 5s.. '96
Twenty-Third St— Stock.
Deb 5s 1908...
JAJ
Union Railway— Stock...
108
ni8
393
106
Ask.
203
108
11794
811
116)4
118
Ust.
109
107
116
480
108
Bid. Ask^
Street Railways.
Union Ry 1st 6s '4:2.FikA 118 116
Westchest Ist 58 '43.. JAJ {109 111
BROOKLYN.
Atlan. Ave., 1st 6s.. AAO 4107
AAO 115
Con 58 g 1931
JAJ
Impt58g 1934
B. B. AW.B. 58 1933. AAO
99
101
Brooklyn City— Stock.... 835
JJiJ 115
Consol 5b 1941
BklynCrosstnSsl 90S JAJ 104
BkinHgtslBl 58 1941A&0 105
8'kyn Q Co.& Sub— S«e St ck Rx.
RHvn Rap.Tran.— .Sc.« flto ok Wi.
109
100
104
287
117
.
list.
...
)
..
.
.
THE CHRONICLE-STOCK prices (2 pages)
268
8T00KS— HIGHEST AND LOWEST SALE PRIOES.
Monday,
Saturday,
•to
•89
Tuesday,
Feb. 6
Feb. 5
Feb. 3.
44H 40
84
90
46
90
6
47
i70
sen
10«
9S«
isii
i04
5694
68
ioo'" 104
16H
•«0
•40
100
35
50
189
39^ 40!4
liH 1296
58H 57H
16
99
1696
7
47
15)6
16)6
399^
1296
70
47H
75%
7%
•6H
SI
31M
lOH 10J6
47J<
•76>6
•37i^6
18H
48
•114
63?6
27?i
18"
48
117
16M im
62M 64H
S4» 349i
t03
94H
•25
•146
76
15
66
29
150
43
7SH
15^
5918
11%
89H
51
96)6
40>6
12ii
1896
41H
80H
83
108
35
50
40«
•149
14
*l9i
•16
60
•7
•36
•64
79
•96
•6
3'}i
109i
58%
28^
18% 18%
48% 49H
6896
879<
7H
21)4
54
81)6
ll)i
54)6
54
64!4
65!^
i»3
26
93
77
15
28)6
23
IBX
50
62
1996
52)6
20)4
53)6
65)4
34)6
193
147
43
77
l^^
58« 60
6
27
6H
58% Sl^
58H
94H 95
118% 11396 116H
114
•95
339i
10«
40
78
79
101
10
87
•106M 106
114
98
174)6
169<
36H
88
103
105J4
"'
66
35
93
30
150
35)6
41X 42%
149H
14>i
19i
68
59%
6
2794
41)6
90)6
4696
819i
57)6
94)6
109)4
118%
113
60)6
86
08
36)6
83
439i 44%
147)6 149)«
13)4 14
180J<
17H
16%
34J6
86>6
33)6
85)6
17
192%
35)6
80
40
134
14H 14%
9
439i
107?t 108J«
67Ji 58M
87H 87^
5796
769i
10^
•6
37
93
79
101
10
9
•78)6
37H
98
26« 28M
il05
66
79)6
101
10
40
38
§95)4 96
^7% 28
10494 108
6
105
49)4
95
35
181
149i
8
43
108
52%
95H
40
134
10
4394
9
42)6 48)6
108)6 10996
109
87)6
•6flH
59>i
60H
88>6
lOlH
0994
loix
78H
33)6
76)6
49
47
1696
16)4
76)6
139)6
76^
38« 39H
176
•lOlM 102^ 101
•133
180
86H 86%
'124
86«
14)4
19
58
89
188
27
70
69^
i34H 34Vg
97
40
138
114)4
69%
60H
8«
36
53)6
14«
57>i
88
51)6
96)6
130
86
16M
4396
91%
4994
86
3696
11
ll)i
38
38%
63
101
40
St.
PaolA Dnlnth
Do
3996 Southern Paolflo
3896
Co
,
,
105
35
60
80
40
25
50
Toledo
Do
& Ohio
50%
58%
9494
97)6
3696
4494 46%
147)6 150
13% 13%
196
19«
64
54H
38%
2896
19)6
52)6
19)6
5294
2794
10)4
16)6
64)6
3494
115
121)6
17)6 18)6
19096 103
34
35)6
81% 86)4
en
35)6Jan
64
73
95
6
196
34)6
83
45)6
149
40)4
96
96
188
5894
87),
188
26M
87)6
70
7094
69)6 60)6
9
97)6 101)4
160
24
23)6
7794
49
7896
t47
160
24
77)4
48
115
15
1694 17)6
77
7R)6 78%
39)6 «39)6 39)i
'101
105
101
1796
124
130
87)6
8694
128
87
Bid.
s
Ill
Ooney Island & Brooklyn. 830
iatSs 1903
J&J 101
lndbtl903.J&J 101
B'kC.&New 5s'39.J&J 3114
at-.St.&New lst58'06A&O 104
G p't & Lorlmer St. Ist 6s. 108
S ngs Co. Blevat.— Stock
BiioertfB
incomes
3onds
Nassau Bleo pref. ....
6sl944
A&O
lBt4Bl948
J&J
103
116
84)6
77
108
00
109)6
88
.
Istpref.
3d pref.
a8,30-<
84
pref.
American Cotton
Oil
Do
17)6
191
34
85
Do
113
Do
116
5796
599H
11294
2196
69)6
9
6
39)4
59594
pref.
107
46)6
150
149
160
9,846
52)4
4096
06
96
40
95
973
35
36
134)6 •130
14)4
1496 1494
134X
8
9)6
48)6
42%
107%
10996
68
87)6 88
188)6 189
67
25)6
69)6
69)6
894
34
•47)6
41)6
107
56)4
87
189
"" .
7094
60)4
9
2494
68)4
894
98
0794 101
77
•P
24
25
78
49
34
58494
8596
34%
~-
r
.
0
66
76
100
77
•95
7
10
30)4
0594
30
pref.
Laclede Gas
Louis)
(St.
Do
39
94)6 07%
96 Jan
pref.
Do
49)6
50)6
99
36
50
95
40
108)4
57
88)6
189
26
«9
894
100
34%
49
8
IS'^
6)4 Jan
38
103
123
77
40
102
17)6
77
38
Do
pref.
Do
pref.
Union Bag & Paper
United States Bxpress....
Unit. States Flour Milling
75
38
133
8694
5
84
17)^
7794
89
10
65,221
8,286
1,890
pref.
United States Leather.
Do
. .
Do
pref.
Wagner
Palace Car....
ells, Fargo & Co
128 183 128
Western Union Telegraph
86)6
8296 84)6
Less than 100 shares.
(Given at foot of
*
Bx
7
div. of 100
105
Ask.
107
116
117
Bid.
p. a in bonds.
oonsboutivb
Street Rallwayii.
NewWmb'g&FllBiex.4)68
NY& Qus Co 58 1946. A&O
Q
Old itook.
Street Rail way a.
Cleveland Bleotrlc
Con 5e 1913
Ry
Columbus (O) St By
.
280
27
101)6
107)6
Dec
Dec
Nov
51 Mar
96)6J'ly
5 Jan
MAS
Bonds 48
Lake St (Chlc)Elev-8tock
J&J
deb 6a 1928
By— 5 p c bonds
Common
Preferred
103%Aug
Aug
101
180)4 Oct
76 Apr
03)6Apr
138 Nov
7694Mar
110 Jan
117)6J'ly
68)6Jan
05 Jan
36 Feb
63)6 Feb
84 Feb
86 Dec
102)6May
39 Apr
31 Dec 68 Jan
89 Dec 107)6 Jan
88)6Dec 40)6Jan
103)6Dec 116 Jan
8)6Jan
3 J'ly
Oot
4)6Mar
43 Apr 70 Oct
13 Mar 26 Oct
3194Dec 63 Apr
85 May 0996Aug
42 Jan
36 Oct
110 Dec 330 J'ly6%Jan 1796NOV
8 Mar 10)6Apr
35 Dec 55 Jan,
90)6Dec 120)6 Apr
4494J'ne 61 Aug
75 Dec 01 Sep.
166 Jan 20794Oct
16)6Dec 33%Sep
60)6Dec 79 Aug
6896Dec 66 Apr
I6MN0T
8)6Sep
36 Jan 126 Sep
111 Jan 160 Aug
17)4Dec 45 Mar
71 Dec 89 Mar
60 Jan
{46 Dec
18 Nov 58)4 Sep
12 Dec 78)6Sep
10996Feb
5894Jan
88)4 Jan
18 9% Jan
Feb
§160 Feb
25 Feb
779iFeb
§4U Jan
59iJ'ne
40%Nov
64HDec
19 Jan
77 Jan
44 Jan
10494Jan
185 Jan
84)6Nov
67 Apr
37V*Dec
9994 Dec 181
181
120
82
§12())6Feb
88)6Jau
stookdlv.
J'ly
1206 Oct
Dec 135)6Sep
Dec 08)4Jail
J'ly
IBxrightt.
<Sc
Ask.
Street KnliwiiyB,
Bid. Ask.
8994 90M Lyun&B08-l8LS8'24.J.<kD J112)6 114
106)6 107>4 Metrop W. S.(Chio).— See St.Bx. List.
23
Mlnneap St Ry-5s 1 9. J4J {
21
88
87
8194 8294 New Orleans City Ry
'
.
list.
109)6 110)4
Crosst'wn— Ist 6s
Kansas City Bl 8s
Loulsv St
85 Sep
1696NOV
61 Deo
37)6Jan
87)4Jan
59 Apr
94)6Apr
4896NOV
8694 Sep
73 May
10694Mar
182 Mar
133 Mar
105 Apr
5294Apr
99)6Feb
229)6Apr
150 Mar
70 Apr
160 Mar
Bid.
. .
Con 6e 1932.— S«« Phlla
103
117
111
Dec
9
Jan
Jan
6)4 Jan
0.
De
30
70
80
100
tBx 100 p.
ai%May
yaqes).—S2RBBT RAILWAYS,
Prtferred
OTHKR CITIBS.
Brldgep Tr-l st 5b '23. J&J {105
Buffalo Street Ry— Stock. 100
1st consoi 58 1931 .F&A {115
M&N 5108
Deb 68 1932
Chicago City BR— Stock.
Indianapolis SlreetRy ..
Cleveland (jtty Uy
99X,
Cleve City-lst 5s '09.JAJ 106)6
10%Jan
10)4 Jan
15)4 Jan
Dec
63)4Dec
38 Jan
66 Feb
104
72)6Jan
36 Jan
310 9« Jan
§183 Jan
123)6Jan
17,838 8296Feb
pref.
United States Rubber
102)4
17
709<Feb
5u)6Jan
8)tJan
1,875
43,672 7 99^ Jan
§155 Jan
85
1,820 21 Jan
611 73)6Jan
64 §46)6Jan
. .
16%
3896
{102)6 108)6 JlOl
138
8896
16%
76)4
179*
25)6Jan
7 0)6Feb
27HFeb
5 «)4 Jan
St
Do
1696
7896
71
15)6 Jan
9 Feb
47)4Jaii
85)6Jan
1,374 187 Jan
40,001 1996Jan
4,251 6494Jan
Dec
63 Jan
9394Jan
3994Dec
67 Dec
95)6Jan
37 Dec
95 Dec
97 Jan
138 Jan
4«0
Aug
60
31)6Dec
130 Deo
9)6May 3096Aug
69iApr
1)6 Jan
30)6Feb 84 Sep
88 Jan 130 Dec
6)6Feb 21)48ep
163 J'ne 323)4Mar
30 Deo 65%App
58!,4Feb
Jan
756 125
tandard Rope
J Tenn. Coal Iron *Twine.
BR
86)6
76
49
121
63)6Feb
97 Feb
40
Dec
20 Dec
74 Dec
t78)4Deo
10196Feb
2,310 1396 Jan
80
794Jan
15.490 lOMFeb
33,335 100)6Jan
4,780 5 5 96 Jan
40)4
e
e op'rsGas-L.&C.(Chlo.)
10694 108
58
66)4 Pressed Steel Car
Do
pref.
•86)6 88>,
189 180)6 Pullman Company
T> epublic Iron <fc Steel
24)6 25
pref.
Do
68)4 68)4
6094 61 Silver Bullion Certlfs.
24)4
S94
1 1 5)6 Jan
Jan
6,908
35 10 494 Jan
3)4Jan
103,488
2,397
Do
pref.
New OmUCotd (new stock
78
60)6Feb
86 Feb
59)4Feb
95 Feb
6 137)6Jan
11 115 Jan
18 § 98)6 Jan
29 3rt9|leb
12 83 Jan
12 108)6Feb
2 136)6Fe3
S 4t5HFeb
Sd pref.
National Steel
24)4
3'i
17
23
15
15
92 Jan
339
pref.
North American Co
47
77)6Dec
24 May
70 May
32 Dec
84 Dec
114)6Dec
110 Jan
92
40)«Feb
96 Feb
28)4Feb
106 Jan
3)4Jan
^fi^ Ontario Silver
9
42
Paolflo Mall,
n^'*
08)4
Feb
8)6Dec
34 Dec
H%Feb
35 Jan
«0)6Jan
25 Jan
3,10C
5134)6 134)4 N. Y. Air Brake
1496
9
42)4
44)4J'ne
110)6Feb
5794Feb
77)6Feb
129>4Feb
Manhattan Beach Co
National Biscuit
10
60 Feb
794Jan
31)4Jan
2,820 101 Jan
68,896 4 794 Jan
7,683 7094Jan
4,500 120 Jan
6,788 47 Jan
4O0 98 Jan
100 11 294 Feb
2,655 22>4Jan
2,210 65 Jan
400
9 Jan
100 30 Jan
800 68 Feb
1,300 73 Feb
pref.
oo
2
2
894 J'ne
8
l)6Jan
40)4Jan 8 48)6Feb
30 131^Jan
121 Jan
i',2bo 15 Jan
8 18)^ Jan
11,010 186)6 Jan 16 199 Jan
31.080 30)6 J an 11 38 Jan
8,973 83)6Jan 11 89)^Jan
109)6 110)6
65)6 56)4
576)4 76>4
127 •L35 137)4
5794 z56)6 56)6
0994 •98>4 101
113)6 H.B.ClafilnCo
11294 111
24
International Paper
2496
70
Do
^rer.
e»)6 88
10
iDtematlonai bilver
10
30 85 i^uickerbocicer Ice (Chic.)
40
66
77
101
2
7294Dec
28,715
Detroit City Oas
Brie Telegraph ftTeleph.
l?ederal Steei
Do
pref.
General Bleotrio
Glucose Sugar Refining.
Do
pref.
84
1096Dec
2 151 Feb
8 16 96 Jan
1,710
Continental Tobacco
Do
22
Jan
32%8ep
21 Nov
51 Dec 6896Sep
30 Dec 48 Nov
97%Oct
88)4Jan
30 Oct
52)6Mar
133 J'ne 5160)4Au
31 Dec 41)4Sep
leXFeb
Jan
11)6 Jan
1)6 Jan
IJrooldyn Union Gas
13)6 JJrunsw. Dock&C.Imp't.
2
Colorado Coal & I. Dev't
45)4 45)6
olorado Fuel & Iron ....
121)6
Do
pref.
1794 Col. & Hook. Coal & Iron.
192)6 191
ConsoUdated Gas (N. T.)..
•1«
75)6 78
•47
4
52 H Jan 11
Aug
13
64
Dec
8108 Jan 5110 Feb
3596Feb
H4)4Jan
1294 Jan
625 140
17% 16
98
40
131
Jan
31 Jan
90 Jan
24% Jan
3,110
4)4Ja'n
1,62C 25i4Feb
22,664 35)6Jan
7,518 86 Jan
39,005 41)6Jan
8,280 80 Jan
77,709 45)4Jan
5,519 S9 Jan
481, 49l 108)6Feb
780 111 Jan
125 92)4Jan
17,981 27%Jan
13
194
35
45
§116 Feb
18 Feb
66 Feb
Jan
597
97
American Teleg. ft Cable.
3394 3494 American Tin Plate
33C 80)6Jan
582)6 82)6
Do
pref.
lb6,23S 94)6Jan
105)4 108)ft American Tobacco
10 136>4Feb
Do
pref.
14,509 38 Jan
449i 46)4 Anaconda Copper
96)6
3596
109)6 10096
55)4 56)6
7594 76
137
pref.
7%Dec
21)4Dec
13)4May
45 Dec
1
210
268
33)6 Jan
806 §142)6Jai.ll §149)6Feb
0,780 33>6Jan 10 41)4Feb
086 72 H Jan 5 78)6Feb
pref.
5796 Amer. Steel & Wire (new)
93)4 93)4
Do
pref.
10096 11294 American Sugar Refining.
47
121)6
184 111
')6Feb
54)6Jan
29>4Jan
20V4Jan
53)6Feb
59
85
5m
90%Feb
77)6Feb
794Jaa
2194Jan
12)6 Jan
18,630
3,810
Do
319i
94)6
5896NOV
2596Mar
11794Dec 242 Feb
39 Apr
20 Jan
45 Deo
35 Jan
38 Jan 73 Apr
118 Jan 141 Feb
38)6J'ne 51)6Dec
86)4Deo 84)6Jan
e)4Dec
8%Jan
19 May S5)6Apr
12!.4Dec
68)6Jan
139 Jan
52 Jan
26 Jan
17 Jan
47)6Feb
18)4 Aug
4 096 Aug
40%Jan
135)6Jan
1994 Jan
9)4 J an
merlcan Car & Foundry
8telnwaylst68l928.J&J
Ask.
113
.
Adams Bxpress
16)4
'"
65
93
1396
48)4
OUTSIDE SECURITIES
Htraet Knilways.
new
27% 87% 27)6 2794 National Lead..,..
36)6 38)6
Do
pref.
il06)6 106)6 •10494 108)6 •105)6 106
Nat. Linseed OU, tr. certfs
National Starch
Istpref.
Do
* Bid and asked prices; no sales on this day.
Oai.Cem.Ur.&B'kynl8t
pref.
B.,
44%Jsn
38 Jan
73%Ang
98)6Jan 106 Jan
37 May 44)4Nov
10 May 14)40ct
17)^e'eb
4496Jan
73V4Jan
e9iFeb
8,955
116)6
16)6
56494
3494
85H
1396
68
74
3996
& L.
31
669i 58
93)6 94)6
11094 11394
•95
6)6
115
81)6
.pref.
323,086
28,915
1,720
7,728
10,276
4,520
11,972
5,162
14%Feb
76)6Jan
694Jan
17 Jan
40)6Feb
1296Feb
57)4Feb
51%Jan
14^ Jan
96 Feb
J'ne
8)6Dec
84 May
28)6Dec
2n)4FeD
56 Jan
Jan
11
Do
pref.
miscellan'8 Stock*.
52
9
Jan
70 Jan
3 7 Feb
12)6 Jan
Nov
44
90)6Nov
7)6Deo
56 Jan
18 Oct
394J'ne
11
6594Feb
19H Wisoon. Central, new
51
35
Do
Do
38)6May
16>4Feb
32)6Jan
9)6JaQ
23)6Jan
50)6Jan
Highest.
35)6Jan
66 Jan
49%Jan
Jan
4 9% J an
15)6F«b
9 Jan
68 Jan
6
300 130 Jan
88)6 29
American District Tel ....
il47
147 il49 149 American Bxpress
42)6 43)4 American Ice
42)6 4394
••<.....
74)6 78
Do
75
575
pref.
15)4 15H American Linseed
15)6 15%
5794 68)6
Do
pref.
58)6 59
6)6
6)6 American Malting
6
ex
27
27 28
37)6
Do
pref.
41)6 42
A.mer. Smelting & Refining
41)6 43
Do
91
91)6 19094 91)6
pref.
47
47)6 American Steel Hoop
47
48)4
•30
38
72
78
101
109i
17
64)6
45)6
48
Do
21)6
Do
1196 Wheeling
54
45 Fei
88)6Feb
6)gJan
43)4Jan
80 Jan
5,10u
3,780
3,685
Lowest.
Highest.
pref.
796 T^T'abash
21
83)i
108% 10896 105
46
76%
7)4
7)4
Lowest.
LXX.
Range for previous year (1899)
Central. . .
City Rapid Transit.
pref
50)6 rjnlon Paolflo Ry
4994
76)6
77)4
[Vol.
Range for year 1900.
On basisof too-sKre lots
138,525
]8,665
29,227
16,050
105,781
12)t Southern, TOtlng tr. otfg.
Do pref. Tot. tr. otf»
16)6 1891 Texas & Paolflo
96)4102)4
bird Avenue (N. Y.)..,
56%
66
985
635
470
3.
pref.
1194
12)6
57)6
17)6
21)4
11)6
64)4
85
85
9
38
•95
187
•75
•47
38
68%
66
789i
95
86
em
35
6)4
105)6 10694 110
5794
6594 57)6
76)6 77)4
7694 77),
759i
138 129« 128)4 129
127 188
57
58}*
57)6 58
67)6 58
100
101
•100
101
(101)4 101)4
•111
113i< '111
113X •111 113)6
25
25
24)^ 86
2oH 86
70
70
70)6
69)6 70)6
69M
66
189
85«
510!«
Do
il^ 49H
96
96
•187
196)6
77
105^ 106« 10494
•5
•8
70
36
68)6
113
38
48)6
85H
4996
76)4
„'^^
21)4
93
87
94
35
149
t25
S147
6)4
lOipi 107)6
192H 191
65%
16
•60
•16
•85
il34
30
40
{115
439i
47)6
120)6
1190
33>6
64
35
04
117
18
159^
1«
48
1694
43
74)6
•196
•1?6
469i
115
44)6
74)6
16)4
5994
59)4
9494 919i
108)6 114)6
113)6 118)6
83
il40^ 140V6
{14
49M
85
58
95
182
150H 148
114
35
69
101
16)6
28
10
88H
36
•147
160
4396 44
10%
29
116
1116
115
tll4
1696 17«
17%
17)4;
34« 36
49M 50%
2196
11
1096
689i
49J<
55H
75M
18)4
5694
16)6
15)6
11
Do
pref.
St.J.&O.Iil. vot.tr. ots.
47
Do
1st pref.
16)6
Do
2d pref.
10)6 at. L. & 8. Fp., TOt. tr. otf s
70
Do
l8t pref
3596
Do
2d pref.
1194 3t. Loali South western...
2894
Do
pref.
46
47
800
380
680
Rio Orande Weit«rD
Do
7M
21M
84
I37M 3754
•93J4
26MS
„'^
i7H
1059i
39
85)4
6
139
7)4
84
58
17H
25
50
77)6
48^
193
20
40
7)4
43%
1?«
104
40)4
1296
57)6
17)6
10794
76)6
92
14
50
98
^,
51
49)6
77)4
91
134H 139
56M 57
•lOOU 101
•111
lOK
48M
92
"iiii
•68
3596
11)6
2894
101
39)4
1296
5696
16)6
15)6
10%
11
70
37
12
76)6
4396
S3^ 84«
86« 8tJH
106
65
7
31
909<
46« 47H
191
47« 48M
76% 76M
43
839^
ii^
»83
83
103)i 104
98
48
50
585)4
45
86
Twin
88
97
'
139
43
113H 115
97
30
40
38
42
91
»4« 9iH
116
36
50
69)4
6
27)6
6»
35
108H
36)6
1194
2894
3696
56% 67H
16
101
67
42
6)6
46
16
139
30
40
46
85
7
•6)6
N.
Feb. 9.
Feb. 8.
45
85
44
85
87
10% 10%
•68
3696
119^
2894
I
89M 39«
18M 18k
sm
•16
70
37
36H
11« 11%
28X 39
369^
11«
•63
•100
109i
•89
70
S8H 38X
16«
Feb. 7.
46«
r
i6m;
10« 10«
43
88
44«
Friday,
Wednesday Thursday,
Sales
of the
Week.
Shares
STOCKS.
Y, STOCK EXCH.
Page
5
101
85
87
11)4
90
118
67)6
110
68
Preferred
North Chicago— Stock..
Ist 58 1906-16
J&J
North Jersey St Stock.
.
101
103
830
89*
as
86
85
80
Preferred
87
86
»i-0V * Pawt'ok-l8t68 '83 {113
116
Inter est.
{ Buyer pays accrued
Bonds
No Shore Tr (Bost)-Com.
.
Feb.
N
J
N
J
J
.
THE CHRONICLE.-BOND
10, 1900.]
Week'i
Range
BONDS.
since
Feb. 9.
Last Sale.
Ask Low.
Bid.
Jan.
High,. ^o.
1.
Low. High
102M
10 lOS^i 1029i
102M
91
32
317
lOlH
97
90
316
98
1009i{
78« 83^
94
83J<
&O
prior
1
g 3!ijB.1925
J-J
Registered
BoutbwDly Istg 81^8.1925 J-J
89^
1926 I -J
Registered
MononRlvlstgug 58.1919 F-A 106
Cen OhloRl8tog4^s 1930
1990
WVa&PlstgSs
Beech Creek. See N Y A H.
Bel
A.
Car.
367
M-S
A-O
Sale
ioi"
*105
111
622
97J6101
"9*6"
S«j(i
92M 95%
666
87" "9OH
J'ne'99
Boonev Bridge.
Bway&7thAv. SeeMetSRy
Bklyn &, M ontauk. See L si.
Bmns & West 1st g 48.. .1938 J-J
BnffN Y & Krie. See Erie
1937 M-S
Bnff R & P gen g 58
I
J-J
-J
Roch& Pitts Istg 68.. 1921 F-A
1922 J-D 122
Consol lBt6
Buff & Southwest. See Erie.
Bnff&Susq Istgold 5s..l913 A-O
1913 A-O
Registered
107W
Bur C R & N Ist 58
1 906 J-D
Con let & col trg 58.... 1934 A-O 116
1934 A-O
Registered
C R I F & N W Istg 58.1921 A-O
M&Stl,l8tgug78....1927 J-D
Canada South 1st 5s... 1908 J -J 107
2d58
1913 M-S 109!^
1913 M-S
Registered
Jan.'00
103
129
Apr "97
109
1947
Debenture 68
a&Mah 1st gug 58... 1943 J
J'ne'99
126J< Nov'9P
100
105
Sale
Sale
106H,
109^
106
.
MANDlTlstgSs
•
88
10 115
91
120
¥-At •118
F-At
90
M-N
Sale
30 106^ 107)4
30 107^ 109^
107
109^
Jan '97
SiH 34
97«
3SH
lOM
Oct.*
Oct.*
Oct.*
9« \0H
4« 6
1946 J -J
MldQa&AtlDlv5s...l947 J -J
Mobile Div 1st g 58. ... 1 946 J - J 100
\WH
Cent of N J-lst conv 78. 1 902 M- N 108
General gold Ss
1987 J -J 123U 124
Registered
1987 Q-Jt 119«
Conyertible deb 68. .1908 MAm Dock & Imp Co 68.1921 J-J 114 iia^
Le & Hud R gen gu g 5s.'20 J-J
. .
Leh&WBCcon as 78.1900 Q-M
119
124
Jan.'OO
112« Mar'99
114
130
119
nsH
11V))6
119
120
Feb
'OC
ino
103
102
97?^
101
99
.
119H
99
95}i
110
110
109
110
117
120
102M
....
102
109
101
103
102
113
Bale
lllM
101
105
lOOii 101
104^ Sale
.Tan.'CO
Aug'On
97
100^ 102
lOOM 10^9^
OInd*Wl8tpf
103
105
103
124
lllJ^Feb'OO
lllHJ'ne'««
103 Jan. 00
108« 111«
120^
108«
CI
102
llOX
115
llOk
120 Nov'99
113%Jan.'00
139
138
Sale
1133-^
'120J^
>
Ui
109
107
108
Dec'99
117
117J4Feb'98
113%
136
18 113
Jan.'OO
114
138
114
..
..
115
100
167J<
lst7s£goldRD....1902'j - J 167W
l8tCAM78
1903 J167ji
Chic Mil A St P con 7s.l905 J - J 1679g Sale
OUTSIDE SECURITIES
4i
On'd TrABleo(Prov)-8t'k
West Chicago ot
Oon 193H
MAN
.
Bid.
16
"67'
roo*
33
78
93
109
in%
118% 181M
Nov'99
117)6 Feb '99
114
110
120
138J^ 140H 138
109
F-A 122H
122%
Aug'99
Nov'99
Jan.'00
30
138
3
12294
120
188
190
138
132% 135
184
Dec'99
140)6 Dec'99
105)6 Feb'97
112 Nov'99
132 Jaa.'00
106
130)6 Jan.'OO
106
106)4
137 181
60 103)6 IO614
105% Feb '00
105% 106%
140
'140
1S9H
115
96
83
130
183
8ep.'99
Dec'99
98)6 May'99
114
118
Sale
Sale
134)6
140
Sale
Sale
108
120
102
135
140
130
92)6
106
120
100
118
118
199
135
Mar'99
130
46 131
3 182
IBS
186
127
9394
Oct.'99
24
130
95
113
1
120
ISO
103
103
Aug'99
108)6 Oct.'97
113)6 Jan.'00
96
Sale
104
96
97
93
113)6 118)6
94
96K
03
OS
101)6
lOlM
130
180M
22
96)6
J'ne'99
Jan.'00
101%Jan.'0O
99 May'99
83
92)6
10 118
120
Oct.'99
99)6 J'ue'99
103ii 103 Jan.'00
Nov'99
104)6 Anif'99
118)6 J'ne'99
138)6 J'ly '99
1309!<Jan.'00
108 J6 Feb*'99
68...1938
Inoome48.
1990
Lor A Wh oon 1st 68.1933
29
28
t%
107)6
27)6
107)6
129
A Greenv.
21
84)6
88
107)6
35
100
»9ii
107)i
Jan.'00
138
ISO
69
72)6
91
51
as
72
84
84%
57
SB
60
78
80
130
143
OolA9thAv. SMMetStRy.
Oolnm
73
29«
67)6
689^ Sale
72)6 Sale
84 Sale
1947 J1929 F-A
lltg48
A Sou Istg 48
Col
88
87)6 Bale
71)6
Set So Ry.
A H Val. Set Hock Val.
Ooan A Term. SmNAW
Conn A Pas Blvs Ist g 48. '43 A-O
113
100
113
113
'00
100
Jan.'OO
118
100
113
167
Jan.'OO
167
167
Feb
111H113
OakAGtSo. Sm CM AStP.
aUas A Waoo. SmM KAT.
D«l Laok A Weatem 78..1907
MorrlBAE88exl8t78.1914
1871-1901
1915
litoon guar 78
?•
167^
Jan.'OO
1671^
167H
21
168?4 167^4
169^ 167V<
M-S •134
M-N 140
A-O 10694
J-D 140
1915'J-D
Reorist,ered
,
,
.
126)6 J'ne'99
143 Jan.'00
107)6 Jan.'00
139 Jan.'00
•140 Oci.'98
•W*pnoe Friday; lateatbldandaskedtkisweek. tBondatfaeJolT. tDueNoT.IDaeJona. IDueJan. lOmeMay. aOptioaMlM. bDaeAog.
Street Rail ways.
iiex 117
Col
St Paul-
Boohester Kv
ConSs 1930.,
AAO
2d 5s 1933
JAD
flo Side Bl (Chic)- Stock.
ByracuseRap.Tr., Ss, 1046
Dnion Trao (Chlo) Com.
Preferred
United Rys (8t L)— Com.
Preferred
14
116)4
gol
Loni8vNAAChlst6s..'10 J-
MAStP— l8t7B$gRD.'02 J - J
109
103
Clev A Marietta. SMPaRR.
120}i Clev * Mahon Val g 68.. 1938 J -J
111
Registered
1938 Qa-J
Clev ti Plttt. ate Penn Co.
113% Col Midl'd— lltg2-3-48.1947 J-
102
103W Nov'98
107 Dec '99
105
lOSMllO
10754 May'98
Peo A Haat lit oon 48. 1940
105
120)i Jan.'00
.....
14)
110
110
109
Nov'98
12114 Feb '00
119)4 Dec'98
119
M
118^Sep.'99
105
14
110
lie
130
105
118
116
Istg 48
1936 Q-F
Registered..
1936 Q-Ffc
Cln 8 & 01 oon latg 68.1928 J-J •113
CCOAlcon8017i ...1914 J-D
Consolif 78
1914 J-D
Gen oonsol gold 61 .. 1934 J-J 131)4
Begistered
1934 J -J
CAS l8t C C C A 1 78.1901 A-O
20 llOM 112
101
101«
lOOJi Feb' 00
104
104?i
105
111?^,
140)6
109
108)<
108)6
Jan.'00
Jan.'OO
Jan.'00
117K
.
112
102Ji
122
141
10594 Mar'99
108 Jan.'00
6
WW
J'ne'99
108M Oct.'99
106% Feb '99
117% 119H
117
118
123
8ep.'99
J'ne'99
Jan.*00
-.9
J-J
01nW&MDtvl8tg4i.l991 J-J
BtLDlvlBtcoltrg48 1990 M-N 101
Registered
1990 M-N
Spr A Col Div Ist g 48. 1940 M-S
ValDivl8tg4s.l94C J-J 83
C I St L A C cons 61. 192C M-N
lOlM Apr'99
103
120
166
Nov'99
106% Feb '99
110)4 110
Mich Div 1st gold 68 1924 IAshland Div l8tg68 1925 M-S
Convertible deb Ss. .1907 F-A
IncomeB
.,..1911 M-N
Chic Rock Isl A Pac— 6s 1917 J-J
103
99
110)6 110)2
112)4 Dec '99
119)6
119^
120)^ Sep.'99
11794 Jan.'OO
118 Jan.'OO
140)6
Cairo Div 1st gold 4s. 1939
101
99
102
Jan.'OO
166
110)6
.
58. ..1929
137% 137%
HOH
Clearfield A Mah. SeeBRAP.
98M ClAkACeqA2dg68.. 1930 F-A
C C C A St L— Gen g 4s. 1993 J-D
J'ne'99
98M 157
97% Aug'99
95^ May'98
Sale
Sale
Jan.'00
117«
117
9SM
Ezt&Impsf g
114W
127%Jan.'00
166
118
122
'
119
1191^ Sale
.
A
Dec '99
J'ne'*9
J'ly'98
Sep.'99
Il9k llBH Jan.'oo
lowaDivBlnkfdSs ...1919 A-O
Begistered
1937M-N
Chlo A Ind C Ry 1st Ss 1936 J-J
Chicago A Erie. See Erie
Ch In A Lo uis- Ref g 6s. 1 947 J - J
Refunding g Ss
1947 J -J
Jan.'00
Jan.'00
ICS
.
. .
33«
100"
119
BAA
48
1919 A-O
Ketraska Exton 48. ... 1927 M-N
Registered
1927 M-N
Southwestern Div 48. 1921 M- S
Convertible Ss
1908 M- S
Debenture Ss
1913 M-N
Han A St Jos con Gs. 191 1 M- S
0kicAEm.l8tsf our 68.1907 J-D
Small
1907 J-D
l8tCong68
1934 A-O
QenconlstSs
1937 M-N
90K
Oct.'99
128«
Sale
ibs'
Cent Pacific See So Pac Co
Charles&SaTlstg78...1936 J -J
Ohes & Ohio—G 6s ser A.1908 A-Ot
Gold 68
1911 A-OT
Xst con g 5s
1939 M-N
Res istered
1939 M-N
Gen gold 41^8
1992 M-S
Registered
1992 M-S
Craig VaUey Istg 5s.. 1940 JDiv Ist con g 4s 1989 J-J
2d con g 48
1 988 J - J
Warm Spr Val Ist g Ss 1941 M- S
EUi Lex A B Sgu g 58.1902 M-S
Chic A Alton sink f d 68.. 1 908 M-N
lrf)u A Mo Riv Ist 78 .1900 F -A
2d78
1900 M-N
Miss KlvB 1st sfg 68..1912A-0
Okie Bur A Q— Con 78 ... 1 903 J - J
Sinking fund 5s
1901 A-O
Chic A Iowa Div 58. ... 1 90 5 F -A
Deny Div 48
1922 F -A
Illinois Div g 3>»8 ...1949 JRegistered
1949 J-J
Chic Milwaukee
95
102
96
110
101
1912M-N
5s
....
129
Registered
1917 J-J 139
General gold 4b
98b J-J 105)6
1
91
91
Registered
1988 J-J
120 120
Des M A Ft D Ist 48... 1905 J-J
1st 2^8
1905 J -J
80
168 89
91
Extension 4b
1905 J-J
Eeok&DesM l8t58..192S A-O
33^ 35
Small
1923 A-O
W« 10)i Chlo A St L See Atch T A S F.
4« e« Chic St LANG. Se« 111 Cent.
Chic St L A PittB. See Pa Co.
Chic St P M A O con 68. .1 980 J-D 135
Ch St P A Mln Ist 68. .1918 VI -N 185
Nor Wisconsin Ist6s..l930 J-J
29 1171^125
StP AS City lBtg6s.. 1919 A-O 130
116 119
Chic Ter Transfer g 48. .1947 J-J
9394
ChAWeBtIl8t8fg6a..l919 M-N 1C5
113 114
General gold 6b.
1932
115
D
Chic AWestMlch Ry 58.1921 ? D
99
98 lOOM
Coupons oft:
1921
100^ 103
Choc Okla A Q gen g Ss. 19ie J-Jcf
CinH ADconsf 78
1905 A-O
2d gold 4)^8
1937 J-J
115)^116^
ClnDAIl8tgug5s...l941 M-N 110
118 119
CIStLAC. Se«CCCAStL.
46
CinSAC. SeeCCCAStL.
87^ 88H
Jan.'OO
Jan.'00
"89«
"
M- N
116H
Jan.' 99
88H Jan.'OO
M-N
106^107%
118)6 11»
10 118
iai)6
2 110)6 114X
110)6 Jan.'OO
Jan.'OO
167)4
117)6
110>4
.
25
CRIaF&N. SeeBCR&N.
Central Ohio. See Bait & O.
CenRR A B of Gar-Col g 5s'37
Cent of Ga By— Ist g 6s. 1945
Registered
1945
Consol gold 5s
1946
Registered
1946
Itt pref income g Ss .1945
2d pref inoomeg 5s... 1945
8d pref Income g 68... 1945
.
117% 117%
Jan.'OO
120)4
120)4
137),^J'ly'99
126%
110%
. .
Nov'99
1075^
107%
116}^
l\«\H
Feb*99
llOHi
Carb & Shawn. See 111 Cen.
Car Cent. See Scab & Roan.
Carthage & Ad. SeeNYC&H.
Cen Branch UPl3tg48.1948J-D
llOM
19
119
114X
129'
. . .
llOM
llOTi
9
niH
117%Jan.'00
117
Dec '99
120
. .
M K A T.
See
1129^114
109 11196
. . . .
See Illinois Cent..
1.
114
114
110)6
106)6 Feb'98
Sale
132
. .
since
Jan.
Low. High
J-JJ 111^ Bale
Q-JS
J-J!
J-JI
J-J
J-J
J-J
J-J
Ist La Crosse A D5s..l919 J-J
Mineral Point Div Ss..l910 J-J
.1910 J-J
1st 80 Minn Div 6s.
Ist Southwest Div 6s..l90y J-J
WIsAMlnnDlvg 58..192] J-J
MilANolstM L6S...1910 J-TJ
1918 J-D
Ist consol 6s
ChlcAN'west— Con 7B..1915 Q-F
1902 J-D
Gold 7s
190^ J-D
Registered
Extension 48. .1886-1926 F-A
1886-1 926 F-A
Registered
1 987 M-N
Gen Gold 3^8
198'! Q-N
Registered
Sinking fund 6b. 1879-1924 A-O
Begistered ....1879-1 92t A-O
Sinking fund 58..1879-1929 A-O
.1879-1929 A-O
Registered
26-year debenture Ss 1909 M-N
Registered
1909 M-N
80-year debenture 58..1921 A-O
1921 A-O
Registered
Sinking fund deb Ss. 1988 M-N
1983 M-N
Registered
Des Mo A Minn 1st 78.1907 F-A
Escan A L Sup 1 st Os. 1 90 J-J
Iowa Midland 1st 8s... 1900 A-O
Mil A Mad 1st 68
1906 M-S
North Illinois Ist Ss.. .1910 M-S
OttCFAStPl8t58..190y M-S
Winona A St Pet 2d 78 1 907 M-N
Mil L S A W Ist g 68.. .1921 M-N
1^
Ask. Low. High. No.
J-J U4
. . .
Bangt
Last Sale.
Bid.
1924
Far A Sou assu g 68.
IstHast AD Div 78.. .1910
1910
Ss
1908
lBtIADBxten78
1925 J-J
1948 A-Ot ioi" Sale" 100 j^
1948 A-Ot
Gold 48
Feb. 9.
Chic&PWlstg58...1921 J-J 120H
1916 J -J 114%
DakAGtSogSs
79SiDec'99
Week
Range or
ChicALSu Dlvg58..1921 J-J 116?^
ChlcAMoRlv Div 58.1926 J-J t20«
1910 J-J iieyi
Chic A Pac Div 6s
Deo'f9
82«
269
1.
Price
FiHday,
81'
Chlo Milw A St Paul (Con)
1914
Terminal gold 5b
Uengold 48 series A... 1989
1 989
Registered
Gen gold HHa series B.l 989
1989
Registered
98^ lOlW
'.'.'.'.'.
Registered
Page
N.Y. STOCK EXCHANGE
Wbbk Enoino Fbb. 9.
labamaMl(ll8tKag.l»28 M-N
Albany &Snsq. Se«D&H.
Allegheny Val. See Penn Co
Am Dock &1. SeeCenofNJ
1995 Q-Jt
93 Sale
Ann Arbor lit g4g
Atch T A S Fegen g 4s. .1995 A-O 101 Sale
1995 A-O
Registered
1995 NOTt
83)4 Sale
Adjustment g 48
1995 Novt
Registered
Equip trser Ag58....190a J-J
Chlc&St Loul8t»8..19l6 M-8 115"
Allan & Dany See South Ry
Atlan & Yad. See South Ry
Atlanta & Char. See Sou Ry.
alt
.
(5 pages)
Range or
ArabamaCent. Se«SouRy,
Austin & N W. See. So Pac.
Bat Creek & S. See Mich Cen
PKICES
Price
Friday,
BONDS
H.Y.8TOCK EXCHANGE
Wbek Ending Feb. 9.
J
1
Ask.
20
&9k
95"
(Given at foot of 7 costsecutivb
GaB
Securltleg.
Bid.
Worcester {Mas8)Tr-Com
Preferred
28
103
NEW
Ask.
39
105
Gas
1
Securities.
94
118
103% 104
Con. 5s 1933
Mutual Gas
N. Amsterdam Gas,
Pref
1st consol 58
MAS
}115
885
80
Com
}
46)6
97
119
300
1st Ss
1930
MAN
BROOKLYN.
Un Gas—N Y 8t
oon 5»— N Y Stock
26)4 Brooklyn
47H
98
Bid. Ask.
Y.Stk. Excb
Gold 58— See N. Y. 8tk. Excb.
N Y A East River Gas—
YORK.
103
1st Ss 1944
JAJ
Cent Union Gas— 1st 5s n04
Consol 5s 1945
JAJ
Con Gas (NY)— Stock— YStk Ex oh
Nor Un 1st 58 1927. .MAN
100
98
Deb 5s 1908
MAN
Standard Gas— Common.
115 119
Hqult Gas
Isl 6s 1899
FAA JlOl 102)6 Do preferred.
. ,
1st
Williamsburg
189
Gas- 1st
68
5107
103
94
115
186
115
List.
110
104
96
125
160
118
ook B xch.
Bxoh.
noo
Gas
Seenrltlea.
OTHER CITIES.
Baltimore ConsoUdat
Bay State Gas—
ise
Dae April. dDue Cot
PAQm).—GAS SECURITIES,
NY Blec Lt Ht * Pow— N.
.
e
107)6 107Hi
—
£c.
Bid.
r3«
AA.
«Balt. Ut*.
2
1?6
Boston UnitedGas Bonds- -Bosto nList
8
6
Buffalo City Gas— Stock.
75
1st Ss Borids
i 73
Chicago Gas— Se« N Y Sto ok Ex oh.
Oloero Gas Co 1st 6s
Cincinnati Gas A Coke... 103
108)i
{And
lnt«re8t
tPrloei p«r sh
area
—
A
.
THE CHRONICLE-BOND
270
Price
Friday,
I.
il
Range
since
Last Sale.
Si**
W (Con)
YLaok&W 1st 6i.. 1921 j-j
Del
Week's
Range or
Feb. 9.
BONDS.
N. Y. STOCK EXCHANGE
Week Ending Feb. 9.
F-A
M-N
A-O
A-O
M-8
1917 M-S
Be«ltt«red
Alb & Siilitoonga7il90e A-O
Begrlttered
1906 A-O
1906 A-O
Suar gDlddi
1906 A-O
B«glatered
1921 M-N
K9I1I & Bar l«t7s
1921 M-N
BegUtered
D»l BIT RR Bge. Set Pa RR.
Dm &Rar 1st gold 7t.. 1900 M-N
•134
Jan.'00
123 Bep.'99
1081^ J'ne'99
131
••
•
122
122
108
148
143
122
123
115
113
164
141
131
114
•145
J'ne'99
Jan.'OO
Sep.'99
108)4
98^
Nov'9«
104Hi
4
104>ii
108
102H
96)4
99)4
ioisi
104«
W
78
Jan.'00
76)4
78
10b9i Dec'99
92)4 Feb.'99
Jan.'OO
teeeet •••*••
111
112
EBitof Minn. Se«StPM&M.
118
113
107)4
117
Se«.BoRy.
I8tg5g...l041
BglnJol&B
M-N 108>^ 110 109M 1099i
lis Lex & B S. See C & O.
Im Cort & No. SeeLeb&NY.
1947 M-N 116«U7J< 118 Jan.'00
rle 1st ext g 4s
M-8 180 ...
M-8 116 118
4th ext gold 5s
A-O 120
Sthextgold 4s
J-D 105
M-S 140 143
lit oonsol gold7s
Istoonsolgold fd 7s. .1920 M-8
rle 1st oon g 4s pr bds. 1996 J -J 90M Sale
Beglstered
1996 J-J
Itteongenlleng 4s... .1996 J-J
71 Sale
Beglstered
1996 J-J
BoffN Y ABrle 1st 7s.l916 J-D
141
Buff A B Wgold 6s. ...1908 J-J
Small
1908 J-J
Ohio & Brie 1st g 5s. 1982 M-N 116^ Sale
ga gold 5S.1909 A-O 106
Jeff RR 1st
Long Dock oon gold 6s. 1 93 5 A-O
Coal & RK 1st gn 68.1932 M-N
Dook & Imp 1st oar 68.1913 J-J
N Y & areen Lgug5s.l946 M-N 105}^ 110
Bmall
1946 M-N
HldRRomj Istg6s..l910 A-O *116H121><
N Y B & W— 1st ref 6s. 1937 J -J
10854
Sdg01d4^s
1937 F-A
93
94" B7H
Oeneralgoi
1940 F-A
Terminal 1st g 5s.. .1948 M-N *109 ,..,
Regis •5,000 each 1943 M-N
Wllk&BaslBtgu g5sl942 J-D 104H 106
1919
1923
1920
1928
1920
118
L
119HJan.'00
116
119)1 119)i
1189^ lis
115
116J<Nov'99
106H Apr '99
142
143
Jan.'00
Deo '98
Deo
67"
"iiii
22 114
116J4
116)4
'99
139
Jan.'00
139
§•••• •••••
109
Oot.'98
U6H Jan.'00
109!^
116)4 117
107)4 109
108X
92H Ane'98
97
108«
93
97)4
108)4 108)4
97;^
Jan.'00
104^
.
106
.
& PIt.i 8. Set Pa Co.
BuekB Springs 1st g 6s. 1938
30 104
105
Brie
Asoan&LSap. Sm OJkNW.
T*THlstO)nds
1031
. 1943
1923
1st general gold 5s. . ,
Mt Vernon 1st 6s
Bull Co Br'oh 1st g 5S..1930
r*Indlst oon gu g 6s. .1986
Fargo&So. SMOhM&StP..
Flint * Pere M g es....l920
I<-A
A-O
Istoonsolgold 5s. ...1939 M-N
Pt HuronDlT 1st g 6s.l9S9 A-O
ria Cen A Pen 1st g 5s. .1918 J-J
1st land gr ext gold 5s. 1930
..1943
Oonsol gold 5s
Ft S 4 V B Bge. See StLASF.
Fort St D DCo lit g 4^81941
1st g 4-6s. 1931
Ft
&D
Ft
66
J-J 13SH
A-O 106H
A-O
A-O 100
J.J
134}^
124M
NOT'97
124H
12i}i 124)4
107
lOlJi
108
••••••
108
• • e
•
110
10«
125
102H 104
105 108
123
eteea
••
•
••
J'ly'M
•
•«•
•
122
106
W C— Istg 3-48.1928 J-D
W 4 Rio ar A. See 8 P Co. J-J
Bar 4 S
71
38
Sale
71
59^
72
60
38
32
71
65
60
102
104
89
89
99)4
09)4
8W
oon g 4^8.1999
Beglstered
1 999
Col4
Iftt
HV 1st ext g 48.1948
B 4 W T 1st g 5s.l933
Ho«s 4 Tex Cen. Bee So P Co.
Honst
Illinois Centralist gold 4s
1951 J-J
1951 J -J
1951 J-J
1951 J - j
Registered
lltgoldS^s
Registered
lltgold3ssterllng....l951
Beglstered
1951
OoUTmstgold
1952
1952
4s
Beglstered
IiN04Texgold
4s. .1963
1953
Btogistered
Western Line
J-J 90^
J-J
A-O 103
M-N 101
1st g 4s.l95l
Registered
M-B
M-S
A-O
A-O
M-N
M-N
F- A
10 5
104
SHi 1953
Registered
St Louis DlT g Ss
Registered
Gold 8^8
*ll» price Friday
114
116
48
99
.
1953
1951
1951
1951
1951
103
100
Jan.'P0
1031^
storia) Ss.
J -
105
103)4
115
116
116
104
104)4
104MJan.'99
104
111>«
104
98
111
Jan.'OO
t09)4
Bale
90
101
Jan.'00
98
104
08
111
111
111
100
lOlM
10 101
98
55
86
106
101J4 101)4
101)j(
101)i Oot.*99
90)4 10134
May'99
bU and Mke< this week,
120
6
IS
Gae
t Bonds
4M
8
8.
See
120
Registered.....
1933
N Y 1st gn g 4s. ..1945
Registered..,.
1945
Bl C 4 N 1st g Istpf6s.l914
Gold guar 68
1914
Leh 4 Hud R. See Cen of N J..
Leh 4 Wllkesb. See Cent NJ.
Leroy 4 Caney Vai. See Mo P.
Lei At 4 P F, See Met St Ry.
Long Dook. See Brie.
Long Isl'd— Istcong 68.1931
Ist oon g 4s
1931
General gold 48.,,,... 1088
Ferry 1st gold 4)48. ..,1082
Gold 4
1932
Debenture gold 68. .... 1 08 4
Dnlfledg 48
1949
Leh 4
NY4RBl8tg6
1927
N Y B A M B oon g 5s. .1935
Bklyn 4
Mon
1st
g
6s.
1st 5s
1911
1911
Nor 8hb Istcon g gn68..'82
La 4 Mo BIT. See Ohl 4 Alt.
L B 4 Bt L Con ong 68 Tr oerts
7i}i 744
70
729i Sale
Secnritlee.
Bid.
Ask.
88
60
48
63
105
106
Grand Rapids— Stock
181
94
63
114M
68
74)4
104
Aug'98
1089i 110)i 110
NoT'99
M-N
J-J
J-J
A-O
A-O
J-J
J -J
M-8
M-8
116)4 119M
108)4 llliM
110)4 110)4
119)4 Jan.'00
112?g Jan.'OO
110)s Feb '00
,
N Y Cent.
Registered Ss
1997
LrtiVNY 1st gug4)4s.. 1040
Registered
.....1940
Leh V Ter Ry Istgn g 6sl941
Registered
1941
h y Coal Co 1st gn g 6s. 1933
••• !•••••
108« NoT'99
lis
Sale
113
10 118
113
118
109)4 Oot.'99
108M NoT'99
90
98
Feb '99
•••I «•••»«
101)4 8ep.*'99
130
lis
98
04
96
Ji
fJ^
M-8
J-D
J-D
M-8
M-8
A-O
99
Feb.'00
180
96
98
101
Jan.'OO
Jan.'OC
96
90
NoT'99
180
90
09
•
....«
95
86
96
M-b
M-S
g-o
87)4 NoT'99
100 Jan.'99
107 Jan.'99
110
100
95
100)4
69)4 Sale
General gold 4s. .......1048 M-8
8
Louisville A Nasbville
107
Ceoe) Br 7s
1007 M.
•128
4Ml8tg %r ....1080 J
3d gold 6s
1080 J -J 116 119
B 4 Nash Istg 6s.. .1010 J-D 113
General gold 6s
1080 J-D 116
Pensaoola dlT gold 68. 1030 M-B •lllJill4
BtLdlTlstg 6s
1031 M-S 124
60
8dg8s
1080 M-S
Deo 1st 7s
Nash 4
1900 J-J
•••••
Blllkfd(B4A)g 6s.... 1910 A-O
S4NAoongug5s....l936 F-A 107
Gold 6s
1937 M-N 108
Unified g 4s....
1940 J-J
99)4 99H
Registered
1940 J-J
99
Col tr 5-20 g 48 ....1903-18 A-O
99)4
Pens 4 Atl 1st gng6s.l931 F-A 111% Sale
1931 M-N 107 110
Ooll trust g 5s
L4N4M4Mlstg 4)4s.l94S M-S 107)4
NFla4Sl8tgug6s ..1937 F-A 106
Kentucky Cent g 4s .1087 J-J
97)4
L 01x14 Lexg 4)48. ...1081 M-N
L 4 Jeff Bge Co gug 48.1045 M-8
Apr '90
67)4
69«
8
8
,
N0
H
•
SeeOI4L.
MahonCoal. SeeLB4M8,
8 W Oolonis g 68.1034 J-D
MoK'ptABY. SeePMoK4Y
Metropolitan Bl. See Man Ry.
W
Met 8 Bl. See "Unlisted."
Hex Cent oon gold 4s ... 19 1 J-J
qnlp4eollg
J'ljf
106
129
117
lllH
64
8
117
117
111)4 111)4
116
116
185M 18S94
•••• ••••••
•••••• •• t«««
107)4
i*7W
68
96M
98)i
9914
i7
96)4
111%
99X
1
111% 118
106)« 167
107)4 107)4
107 Jan.'00
107)4 Jau.'00
109)4 Dec'99
96M
70
188)4 189
117
Jan.'00
Jan.'00
100)4 Oct.'99
107)4 Jan.'00
99
100
97
108
6)4
NOT'97
Feb.'OO
116
109)4 NoT'99
Jan.'00
ee Dec'99
108 Oct.'99
98%
111%
63
5
0594
07
70
97
73M
Jan.'98
Oct.'99
'
'
I
25
1
Hn A-O
Ss
78^ Feb '00
78)4
Sale
1%
Sale
Intematlstoon g 4s.'77 M-8
1927 J-D
Nat 1st gold 6s
Sd Ino 6s A Cp stmpd. 1917 M-S«
>d inoome gold 6s B..1917 An.S
#*x North 1st gold 6s.. 1910 J-D 105
1910 J-D
Registered
25)4 483
18)* lis
33)4
11)4
87
88)4
88)4
100)4 Jan.'00
14
Jan.'00
J'ly'99
Jan.'99
87
88)4
Oct.'99
146
181
187
188
8S)4
12)2
Apr '99
108
10
20)4
N Y Cent.
Mloh Cent.
Mid of N J. SeeNYSusAW
See Ohio A N W
tf L B 4 W.
Mil 4 Mad. See Chic A N W
Mil 4 North. SeeChMAStP
WUABtP. SeeChM4BtP
tiln4StLgu.
See
BO RAN
J-D
J-D
J-D
A-O
M-N
M-8
W 4 P 1st Ss 8t 48 int gn..'36 J-J
4inn 4 St L— 1st g 7s .1927
Iowa ex 1st gold 7s. .. 1909
South West ex 1st g 7s. '10
Paolfloex 1st gold 68.1921
1984
Ist 00ns gold 5s
1st and retund. 48.... 1949
a«e Aswmst. »Dne
Wayne (Ind)— StoA
1st 6s 1925
90
eo
111
April.
148),-
182
128
112)4 Sale
118)4
143)4 145
Deo '98
S lia
93
118)4
96% 96
49
97
IDueJanaanr. IDaeOaUkar. IDaeJaly.
JAJ
101
1st Ss 1915
FAA 1104
Hartford (Ct) Gas L... 25 t 46
Indiana NatA 111 Gas— Stk
37
4C
1st 6s 1908
MAN 68 60
Indianapolis Gas— Stock.
90
100
1st 68 1980
MAN 103 io*H
Laclede Gas— N Y Stock Bzch.
Lafayette (Ind) Gas— Stk
40
48
1st 6s 1934
MAN 60 68
Bid. Ask.
Gas 8ecurltlea.
40
46
Loganspt A Wab Vai— Stk
JAD 68)4 61)4
Ist 6b 1925
80
70
Madison (Wis) Gas— Stok
AAO {106 110
1st 6s 1986
40
88
Ohio A Indiana— Stock.
68
JAD 68
1st 6b 1926
Peoples Gas A Coke— N Y Stook Bzch
1st.
PhUadelpbia Co— See Bos ton L
40
86
St Joseph (Mo)
96
JAJ ( 94
Ss 1987
66
47
St Paul Ga»— Stock
86
Consol Ss 1944 ....M48
.
9yraouse
Gas—Stook
13
13)4
Gaa 8eourttlee.
Syr'seQas- lit 5i '46.J4J
Western Gas (Mllw)
68- See N Y
St
Bz
97
<Bc
Bid.
Ash.
86
99
00
100
list.
Teles, dc Teleph.
A Tierican
113H
mOpUmi*
(Given at poot op 7 oonsbcutivb FJLQEa).—GAS SECURITIES,
Fort
106
106)4 10094
106)4
122
180J4 Jan.'OO
94
91)4 93
91
60
62
8!)4
61)4
118
114)4 113)4 Jan.'00
112)4
110
.
••••• •••••)
Ask.
100
40
"aeii Deo '99
ISS
^OT'98
See
101)4 Jan.'00
Col Gas L A Heat— Com.
Preferred
82)4 83
IstSs 1932
JAJ {108 106
Oonsolid Gas(NJ)— Stok
21« 28)4
IstSs 1980
JAJ 87)4
29
Oonsol Gas (Pitts)
81
Pref
60
68
Bonds Ss
110
Oonsum Gas (J City)— Btk 106
M4N 104
Ist 68
Datroit Oiu— See N Y Bxo h. list.
isez 4 Hudson Gas
106
tlez
ilex
106 NOT'99
102)<Apr.'98
101
J
J-J
J-J
J-J
J-J
J-J
Bid.
;
Sep.'99
LehVal(Pa) 0oUg6s..l997 M-N
iBtoon income g 8s.. .1939
104)4 Feb '00
these are latest
8eonritle8.
104
90
n
100
112)4 NoT'98
105
OUTSIDE SECURITIES
H A L (F
»•• eeeese
10 9h Sale
1941
6s. .1945
Idconlnoomeg3s....l98t
Beglstered
Cairo Bridge gold 4s.. 1950 J-D
Registered
1950 J-D
Middle DlT reg 5s
1921 F-
Gas
103>ii
99«
1951 F-
LonlSTllle Dtv g
Olty
99%
9091
lOlM
isi" Feb"'99
LVA4C.
SevOB4Q
Han 4 St J. See NYNH4H.
onsatonlo.
Hock Vai
lUO
106MAug'99
. .
See So Pac Co.
Rap 4 Ind. See Pa Co.
Gray's Pt Term See 8t L.
aila
ttrand
Dec '90
••ea*i
'
SeeSoRy.
Paclflo.
VGA Nor.
••••t •••«
••««t • tl«ft
Mar'98
Gal H4H or '82 Ist 58.1913
al
A-O 104 Sale 103M 104
Qm 4 Ala Ry 1st pf g 5s.l945 A-O 103W
106 Deo '98
oonsol g 5s
1945 j-jir
Ist
83 "do" 89
89
Sa Car 4 No 1st gn g S8.1929 J-J
99yi Jaii.'00
aeorgla
133
103
108
130
102
105
• • • «
J -J
108
•••••• ••••••
•
102)< Jan.'OO
108 Jan.'00
101 Mar'99
J -J
J -J
2d gold 5s
North Ohio Istgn
.
249 "ss" '90%
Feb '99
114
106
1S9
. .
143
188
93^ May'9U
69H
71H 899
140
X>ec'99
101«i Jan.'OO
101
4 Mloh. See Tol 4 O C.
KC4MR4Blstgng6s.l929 A-O
K C P 4 G tr ot.;lst g 6sl;. A-O
Kan G 4 Pao. See M K 4 T
Kansas Mid. Se« St L 4 8 D
Kentucky Cent. See L 4 N.
Keok4DesM. SeeCRIAP
KnoxTUle 4 Ohio. 8u So Ry.
Lake;Brie4W lBtg6s.l937
109^
MtTYa&aa.
tdextgold 5s
•d ext gold 4^s
Deo '99
102
J-D isetec
J-D
J-D 122
M-8 •100
M-8 98
W
See Brie.
1.
KalA4GR. SeeLS4M8.
an
Dat&Maok
77
105
1C2
.
RR.
Jefferson
Apr '99
76
. .
••tMATol. Se«L8&MBo.
71
05
124
126
BtLSon Ist gug
CMb4 81stg 4s 4s... 1931
1932
Ind Bl 4 W. See CO cist 1:
Ind Deo 4
1st g 6s. ..1935 J-J
1835 J-J
,
H*T,f ^*/ «,-°*
Ind 111 A la let ref g 58.. 1948 A-O
Int 4 Gt No 1st gold 6s. 1919 M-N
3d god 5s,
1909 M-8
Sdgold 4s
1921 M-8
Iowa Central lBtgold5s.l988 Ll-D
Iowa Midland. Se« Cb 4 N
W
since
Jan.
If
Ask. Low. Sigh. A'o. Lcis. High
J -J
BeUeT4Carl8t68....1933
116
Week's
9.
DlylBtg4s...,1951
Registered
1951
116
Last Sale.
Beglstered
1961 J-J
OhloStL4N Og 5s.. 1951 J-D
Registered
1951 J-D
Registered
Range
Feb. 9.
1951 J -D
1951 J-D
LXX.
Range or
Bid.
Mem
May '98
108
•MftMlnn. Se«Oh&NW.
»M M Un Ry in g 5i. 1917 M-N
nl
Feb.
[Vol.
2.
Price
Friday,
nillnole Central (Con)
Spring DlT 1st g 3)4s. 1951
122
Dec'99
99H 99
-
Iitlleng4a.l995
1995
OalAIron Range lit5a.l9S7
1937
Beglitered
1916
Sd6s
Red
& 8 lit g Si. 1928
•al Bo Bhore & At g 5i. 1937
Week Ending
OoIdSJ^s
108%Jan.'00
1039^
1936 J J
lltOong4i
Ist0ong4>^8
1936 J -J
Improyement gold 5i.l928 J-D
»• M & Ft D. See C R & I P.
Oold 4i
Page
(5 pages)
BONDS.
STOCK EXCHANGE
N. Y.
Ang'98
Dec'99
May'97
130)^ Apr'99
t«
•
1.
136
136
136
1923
1988
Term&lmpt 4i
BjT BUQg 4 N Y Irt 71.1906
1900
WwrenadTi
Del & H-lttPa DlT7i.l917
Jan.
.
Ask. Low. Sigh. No. Low. High
Bid.
&
OonitraotloD Qi
PKICES
1
.
.
—
Dlst Tele NY Stock Bzah
Bell Teleph. of Buffalo.
176
107
Ceatrai A South Amer.... 106
Obes A Poto Teleph—Stk
68)4 70)4
Bond Ss
108)4 ••••••
Oommerolal Cable
169
170
Union Tel (NY). 114 116
Jommer
{And UUarest. tPrtoe per ah are
.
A
.
Feb.
THE CHUONICLE -bond
1900.]
10,
BONDS.
K.Y. STOCK EXCH ANQ E
Week Ending Feb. 9.
MSBM&A litg 4ilntga.'2e J-J
Range
Week's
frice
Friday,
Range or
5o
Last Sale.
Feb. ».
Set St
PUlk
Beglitered
Beglitered
Tmo R of Mo lit ex g 4i.'38
Sdextended gold 51.1938
lit g Si.. '26
V«rd V I&
F-A
J-J
M-S
J-J
W
I>W07&0VAL
flt
Louis
&
Iron
litKSi'2e
Mount—
A-0
A-0
Oenoonry&ldgrtgSi'Sl
Oenoonitampgtdg 5i'31
New4i. Se«"Unll8t.B<l8."
MUiBlTBdge. S«eChloAAIt
prior lteng5i.'45 J -J
J-J
Small
1945 J -J
lloitgage gold 4i
1945 J-J
Small
Hob * Ohio new gold 6i..'27 J-U
lit exteniion gold 6i.l927 Q-J*
1938 M-S
S«neral gold 4i
F-A
88« 08^
66!«
6914
92
65U
15
91
83
77
1928
oon gold 5i
1917
liteiT&Pb
llteiMoMMW&A1.1917
14
95
104
*113
110
J'ly'90
in«
1119^ Sale
113
llOH
110^
128%
I80H 134
136
J*ne'99
86
107
86%
Jan'OO
131%
106
Imprymtftext g 61... 1934
C CftT li gug5i....ie32
Solo VftN Blitgag4i.l989
94
Jan.'00
SPM
129
Sale
.
. .
6
Sep.'99
113
126
104% 107
Deo '99
3 109
10 110
107
96
96
103
107%
107% 107%
101
101%
10*9"
i09%
74
97
10
60
00
97
96
97W
96^
96% 97%
Dec'99
101% 103
25 101^ 108H
103
1 103
Jan.'00
I02«
102^
102
102
113%
114^
112^
112
108
106
72 110
64 110
108
Jan.'00
J'ne'88
3
J -J
98%
94%
114
108
lOT
189
180
J'ly '99
81
,
Sale
Sale
Jan.'0O
Deo '99
117% Aug'98
101
Feb '97
98U
98
10
94% 347
93%
96% J'ne'9U
69%
00% 94H
»8
103% 104% 192 108% 104%
103
103
104% 103 Jan.'OO
130
66
67%
67
66% Sale
66%
104%
Sale
103),4
e6
Sep.'99
181% May'99
118
Sale
183
95
118
111
112%
no
105
93
05
86%
ins
96
70
72
J'ly '99
May'69
Jan.'00
U8
118%
no
110
95
SO
118%
05
70
Oct.'On
Feb
Feb
'00
'00
60
J-D 107% Sale 107% 107%
A-O 105
106 Jan.'00
M-N
114%
113)^
108
W
11S«
37 104% 107H
111% 118%
111% 111%
1121^ Jan.'00
Jan.'OO
103
NOT'98
115%
19 114
115% 115%
115% 116% Jan.'00
116
lis
107
106
105
111%
113%
11
137
136
139
135
135
135
loa
108
Jan.'00
NoT'99
119%
J'ne'99
Oot.'99
103
Jan.'OO
117% Feb
J-J
J-J
J-J
AUegh Yalgengug4i.l942 M-S
N ft C Bdgegengn g 4%a.'45 J-J
'onnRR lit real eag 41.1023 M-N
Coniterllngg 61
190S J-J
5%
NoT'98
Dec'99
105% Apr '99
100% Apr '97
.
117% 117«
'00
arieftPlttguK3%iB.1940
SerieiC
1940
9r RftI ex lit gng4%ii.l941
100
99
28
ill
111
100
May'67
111
108
Jan.'00
108
108
10 109
108
103
NOT'97
reg... 1905
Q-MI
1919 M-S
1919
8
1043 1^: N
Cong 4i
CI ft Mar lit gn g 4%i. 1 936 M-N
UNJRRftCan gen 41.1944 M-S
O R BRft Bge Ist gu 4i g. 36 F-A
Punft Lewlilstg 4s.. 1936 J-J
Oong
06
J'ly '98
lS8MJan.'O0
12B)i,
128}^
1£8H
61
Ang'98
106%
106% 107
106%
nioftPekUnlitg6i...l921
'122
133
121
Jan.'00
<dg4%i
Feb., 1921
fine Creek reg guar 61 1932
J'ly '99
.
,
lOlH
101« Feb '00
10l«
101H 101«
113
112^ 113% 113
112«
112^ Jan.'00
108 110« llOM llOM
109VC Dec'99
109^
Bale
,
,
,
J-D
A-O 107^
A-O
108
133
129
127
106
108
Q-F
M-N
J-D
100
96
Jan.'00
Feb. '98
Nov'99
Dec'99
aaadlng Co gen g 4i...l997 J -J
Beglitered
1997 J -J
107%
60
113
106
100
100
TeleK. Si Teleph.
Bid.
BoipirO x Bay state Tel.
frie Teleg ft Telep— See 8
rranklin
Sold ft Stock
76
Alk.
•!•«••
40
118
90
Hadion RlTor Telephone 110
Intematlon Ocean
116
Mexican Telegraph
318
Mexican Telephone— Sm Bosto
New Bng Telep— Sm Bost on lilt
north weitern Telegraph. 117
HYftNJ Telephone.... 170
tll980
MftN 111
Home Wat. ft Og
104«Oot.'97
t Dae Jan.
*
Due July.
90
Teles. Si Teleph.
Bid.
Aik.
76
Paolflo ft Atlantic
118
118
886
nllit.
Consol Bleotrio Storage.
133
.
Bddy
ISO
175
113
Bleotrio
Mfg
J'ne'99
86%
87%
I
BR
8
C0..35 t 10
12
15
Bdlson Bl 111 Co NY— N Y Stock Bxoh
Bdlson Bl Ul Co Brk— N Y Stock Bxoh
11
9
BdliOP OreMlUlnir Co....
100
100
101
101
Sale
83
113% 118%
Jan.'00
Jan.'OO
Jan.'00
99% 100
99% 100%
86
84%
84% Dec'99
1057
96%
27
96
88
105
8d
83
04% 96%
J'ne'99
NoT'99
74% Dec'99
ft P.
Cent.
SmNY
Dne Jane.
I
Due Uaj. T Dae Not. a These are option lalei.
(Given at foot of 7 oonsbcutive pages).— r^i,
04%
ProTldenoe Telephone.
96 100
Southern ft Atlantic
Stock Bxoh
Weat'n Union Teleg— N Y
Electric Companies.
168 173
Allegheny Co Light Co..
46
44
Brush Bleotrlo Co
Br'dgprt (Ct) Bl Lt Co.35 t 43
tokBx LUt
NOT'98
09%
NoT'97
113% Jan.'OO
116
108>a
EU>Oh ft Pltti. ;See
OUTSIDE SECURITIES
Oot.'98
131
104H 1C7% Keniielaer ft Bar. S«e D ft H.
108% Uoh ft Dan. Stt South By.
Uo Gr Weit lit g 4i. 1939 J-J 96
Utah Cent lat gu g 4s.l917 A-Ot 84
ftloGrJuno Istgug 61. 1939 J-D •ioa%
1940 J-J
70
aio Gr So Ist g 3-4i
74
107%
thli week,
Apr '99
Deo '99
99%
181
Yo— litgn ei.'32 J-J
tdgnar 61
1934 J-J
MoKee ft B y lit g 61.1918 J-J
mtiPftFlit gSi
1916 J-J
108% 109%
103% 103% mUBhftLBlitg6l..l940 A-O
latooniolgold 6i
1943 J-J
•IttlftWeit litg 4i... 1917 J-J
JPM ft Co certfs
Ntti Y ftAihlitaon5il927. M-N
106 106
Jan.'00
Jan.'98
and asked
Jan.'00
136
66
137
133
Jan.'00
23
. . .
J-D
100
90
101
ntti MoK ft
123% NOT'99
109% 109%
103H 103H
107^
lOSH
,
116%Feb.'69
PlttiClnftStL. SeePennCo.
100% \0\% ? C ft St L. Set Penn Co.
16 100% 10m PlttiCleT&Tollitg6s..l923 A-O
1 112% IIS!^ nttiftOonnelliT. S««BftO.
1181^1121^ PlttiFtWftCh. Sm Penn Co
"16
1922 J-J
109>i \\0% ntti Juno lit g 61
Plttift L Brie— 3dg 61 ..1928 A-Ot
131
108M Deo '97
•103
180
•186
•126
110% 111%
'
PcniaoolaftAt. SMLftNash
^«o DeoftB litg6itrreo.'20 J -J
STaniDlT lstg6itrreo.'20 M-8
2d g 6i tr reo lit pd.. 1926 M-N
Pec ftBait. Sm C C
ft St L
Apr '99
113
107
* No price Friday; these are lateit bid
Bondi
136
128
105
1931 J-J
RegUtered
1931 J-J
Otd3UiooItruitreg.l937 M-8
P O C ft St L oon gu g 4%iBerieiA.
1940 A-O 115%
SerieiBgnar
1942 A-0 •
1942 M-N
Beriei Cgaar
SerleiD 4iguar
1945 M-N
PltU Cln ft StL lit 71.1900 F-A
RegUtered
1900 F-A
Pltti Ft
ft O lit 71.1912 J-J 136
1912 J-J
8d7i
3d7i
1913 A-0*
G StL ft Plitoong 61.1632 A-O 130
BegiiterM
1932 A-O
OleT ft Pitts oon 1 f 7i 1900 M-N 103%
aengug4%iier'iA.1942 J -J 117
Series B.
1942 A-O 118
Con onrrenoy 61
NYftHar. SMNYOftHud
'
110
110
J -J
M
.
W
g 61. 1946
aoof Mliionrl. SMMoPao
Panama letif g 4^i....l917
8 f iubiidyg6i..
1910
pponiylvai-la Co
Jan.'00
65%
114
Jan-'OO
Reglitered
1931
1940 1 -J
1940 J -J
NYNHAHart 1 8t reg 4i
St P.
ft
PaoOoaitCo— lit
107% Jan.'OO
107% Feb '00
loew Sep.'»7
103^ J'ne'99
104% F«b.'99
101% Jan.'00
102% Aug'99
109
Deo '09
106
106%
101% N0T'9»
Guar litg 4%
J-J
F-A 989i Sale
F-A
95%
F-A 07^ Sale
F-A
M-N 103M
M-N I02H
F-A
F-A
J -J lUMSale
J -J 112!^ IIS
J-J 108
J-J
J-J
J-J
J-D
B W ftOgoon litext6i.*22 A-0*
Mont lit gn g 5i.'16 A-0
Nor &
B W * O T B lltgu g 5i. 18 M-N
Olwe&BSd gug5i..l915 F-A!
UUca & BIk BIT gn g 4i
J-J
Mob & Mai lit gn g4i.l991 M-8
Ad lit gn g 4i. 1981 J-D
Oart ft
NT*Pntlitoongug4i.'93 A-O
NT & North lit gSi.. 1927 A-O
Lake Shore & Mloh South
Det Mon ft Tol lit 711906 F-A
Lake Shore oon Iit7il900 J-J
Beglitered
1900 Q-JI
Coniol2d7i
1903 J-D
Beglitered
.1903 J-D
aold 3^1
1997 J-D
Beglitered
1997 J-D
Olnft81ltgLSftMS7i'01 A-0
KAftOR lit go 61.1938 J-J
MahonC'lRR lit 58.1934 J-J
Mloh Cent— lit oon 7il902 M-N
lit oon 5i
1002 M-N
61
1909 M-8
6l
1031 M-S
NYLaokftW. Sm DLftW
NYLBftW. Sm Brie.
NYftNB. SMNYNHftH
ft
OOF
A.-01
lom
Beglitered
ft St litgn g 3i.'89
N Y Ohlc ft StL Iitg 41.1937
Begtitored
1937
N Y ft Oreenw Lake. Sm Brie
Rome. Sm N Y C
S«e C ft N
Oiwego
110
110
High
186% 188
Jan.'00
Sep.'OW
106%
Sale
1.
Ore ft Cal. Sm So Pao Oo.
Ore Ry ft Nav See Un Pao
Ore RR & NaT See Un Pao
Ore Short Line See Un Pao
139
Deo '09
107
'°28
118H Apr'
97
98%
4l
1996
1996
North lUlnoti. SMOhl ft NW.
North Ohio. Set L Brie ft W.
Northern Paolflo—
163 109% lis
-J
4 110
Prior Hen r ft 1 g g 4i. 1997
110>i
Reglitered
1997 % -J
3047 Q-Ft
General lien g 3i
Reglitered
8047 Q-Ft
N P gen g Oi. ..1923 F-A
St P <ft
Registered otf 1
1 93S Q-F
Wash Cent litg4i.. .1948
Nor Pao Ter Co lit g 6I.193S
134 125
Nor Ry Cal. 8u Cent Pao.
13
83
86^ NorWil. SMCStPMftO.
Nor ft South lit g Si. .1941 M-N
107 107
Nor ft Mont. SMN.Y.Cent.
139
138H
101
105
111
1997
SHi- 1008
Beglitered
1998
Mloh Cent ooU g S^i..I998
Beglitered
1998
1900
Harlem lit7(
1900
Beglitered
NJJnnoRgti lit 41.1986
Beglitered
1986
Weit Shore lit 4iga.3S61
Beglitered
3361
Beeoh Crk lit gn g 4|. 1936
Beglitered
1936
Sdgngold 5i
1936
Beglitered
1936
Olearfleld Bltnm Coal Corp
lltlflntgug 48ierA.'40
Small bondi lerlei B. .'40
Sonr & Oiwe lit gn g 5i.'42
Bat O
ft
F-A
J-J
M-N
A-O
A-O
A-O
OInd&W. SMOOO&StL.
hloftMlii. SMBftOSW.
Ohio Rlyer RR lit g 6i..l936 J-D
General gold 6i.,.,... .1937 A-0
1901 J -J
Om ftStL lltg4i
110
110
Reglit^fed
N
W Ry Iitoong 4i.l096
Reglitered
Small
Nov'09
106H
91
106% 106%
105% Jan.'OO
lOG
1903 J -J 110 Sale
llt7t
Beglitered
1903 J -J 110 Sale
Debenture Siof 1884-1904 M-8
Beglitered .... 1884-1904 M-S 107Si ....
Beg deb Si of ...1889-1904 M-8 107«
Debenture g4i.. 1890-1906 J-D 102%
1890-1905 J-D 102%
Beglitered
Debtoertiextg 4i....l905 M-N 102^ 108)4
Beglitered
1905 M-N 102H ...
1907 J-J 107% ...
aJhit.'.i
col g
186
128
114
113
113
I,
Beglitered.
101% 188
since
High. No. Low.
92
H J Juno RR. Sm N T Cent.
Lake Shore
Last Sale.
Ask. Low.
Range
Jan.
114«
109%,
92
A-0 i05H lb7H
.
184
13
N Y ft Put Sm N Y O ft H.
N Y ft R B. Sm Long Iil.
N Y 8 ft W. Bet Brie.
06
How&ClnBdge. iS««PeimOo
Y Bkln & Man Bh. Sm L
TOent&HB'-
A-C
Convert deb ourti 91,000
Small oertfi 9100
Honiatonlo R oon g 5i. 1937 M-N
N H ft Derby oon Si... 1918 M-N
N YftNBlit7i
1905 J -J
lit 6l
1905 J -J
91
Sale
SmL&N
Hub
McwH&D. S««NYNH&H
11
Bid.
—
92
lit gold di Jaiper Beh. 1 923
Flor & Shef.
|IO*NBprlorlleng0i.l915
(Con)
M-S«
Regli 96,000 only... 1992 M-Sl:
Morgan'i La & T. S«« 8 P Oo.
Morrli&Biiez. Se«DelL&W
lit
& Hart
Week's
Range or
Feb. 9.
N T ft North. Sm N Y O A U.
N Y O ft W. Bef lit g 411992
Konongohela RIt. Set B & O
Mont Cent. See St P M & M.
lit7i.'13 J-J
1901 J -J
Price
OS'.i
. .
8d6i
YNHa
271
3.
Friday,
97
St I> A Cairo gn g 4i 1931 J -J
Mohawk & Mai. S«« N T O & U
NuhOhat&BtL
N
Page
1C2^ 104
111% 117% N Y Tex ft M. ate So Pao Co.
Norf ft West— Gen g 6i.I93l M-N 130
2 116
116
New River litg 6i....l938 A-O
100
94
98%
MobABlrm
Mont«omDlvlitg6i.l947
1.
6')
77
(5 pages)
98>^ Sale
1917 M-8t
1917 M-8t
1920 F-A
1920 F-
lit ooU gold 5i
56
105
PKICES
N.Y.
•••ft ••••••
M.
93H
MoEan&Tez— lttf{4i.l99U j-n 92^ Sale 90
67
ddH Sale
66^
1990 F-AII
ad gold 4i
92 Sale
93
93!4
1944 M-N
lit ezten gold Si
92
93
92U
03
MKATof T litKng6i.'4a M-S
77 Jan.'OO
I"ao lit k4i... .1990 FKG A
94 Dec '99
Dal i Wa lit gu g Si. 1940 M-N
lOnjjNov'99
BooDeTBdgCogng 7i..'0t) lU-N
93
95
95
9S
Sher9h&SoulBtgug5B.'43 J-D
'l'«bo AX4eoibolit7i.l903 J-u
MoEABlitgug 5I...1942 A-0 102H 105^ 104 Jan.'00
117 Sale n««
117i<
If Pao— lit oon g ei...l920 M-N
115
1900 M-N 115 Sale 115
Sd7i
Trnitg Si
Jan.
.
BONDS.
STOCK EXCHANGE
Week Ending Feb. 9.
since
Ask, Low. High. "no. Low. High
Bid.
MStPASSM oong 4ilntga'38 J.J
Mlim Dn.
—
.
.
Klectrlo Companies.
Bait Bnd Bleotrio Light.
Bleotro- Pneumatic Trans
Bid.
J ELEGTRIG,
Ask.
die.
Electric Go'-'oanlea. Bid.
Toronto ( Cao Bleo .t ;o.
TbomHoait Welding Co.
IH
Fort Wayne Bleo. Oo. .35
39
United BlAcLt&r Co pref
Seriei A
"ii" "oo"
4%:i 1039
91
k2
General Bleotrio C*;— N Y Stock Bxoh Woooiooket ;B I) Bl Co.. 106
Do pref.— Sm Boston L lit.
Hartford (Ct) BleoLt Co. 160
Kerry Companlee.
9
Hartf'd(Ct) LtftPowCo35 t 6
Brooklyn Ferry-Stoot ..
93
S«
30
Mo Bdlson Bleotrio
Bonds 5s. See StockBzo h. Hat.
17
65
Do preferred.
63
Metropolitan Ferry 6i.. 108
Narragan. (ProT)HlCo.50 t 98
N J ft N Y FerrT- Stock.
New HaT (Ct) Bleo Lt Co 200
107
IstSi 1948
JftJ 103
Rhode Island Kleo ProCo. 119
(Ana interest. +Pnn« ner Kb are
•
—
<
A
U
.
THE CHRONICLE —BOND
272
Price
Friday,
BONDS.
N.Y. STOCK EXCHANGE
Wbek Ending Feb. 9. 4^
I
TTee&'s
Range or
Last Sale.
Feb. 9.
Range
12
1^
since
Jan.
Ask. Low, High. No. Low.
Bid.
SaltLakeCl8tgBf6». '03-13 J
tJo&Gllitg2-3.4s..l947 J
93
1.
Sigh
Feb'OO
Series
110 Nov'99
M-^
M-K
lllHJan. OP
lis
113
M-N 112H
0..1919 FPleroe
ft
lit g es
123
123
1931 J-J *1£0
Gtoneral gold 6i
1981 J-J 109 109M 109!^ 109M
ataneral gold 5i
1987 A-O 100 105
lit trust gold 5i
100J6 Oct.'99
105 Oot.'97
rtB&YBBdglitg 61.1910 A-0
Mid 1st g 4s. .1937 J-D
Kansas
84
84
»2%
BtL&SFRRg4s....l996 J-J 82
Cent DlT Ist K 48. 1929 A-0
Bo. See DUnois Cent.
S^U
1st g 4s bdofs. 1989 M-N
ItL B
tdg4slna bond otfs.. 1989 J-.T§ 59
Oray'B Pt Ter Istgu g 58'47 J-D
ItPaul&Duluth Ut5s.l931 F1917 A-O
Id 5s
1968 J-D
1st cog 4s
gt Paul M & Man 3d 6s.l909 A-O 119
0akota ext gold 6s. .. .1910 M-N 121
1933 J-J 141
lltoonsolgold 6s
1933 J-J
Beglstered
Bednoedtogold4H» 1933 J-J 115
1933 J-J
Bflglsterad
Mont Bxt 1st gold 4i. 1937 J-D
1937 J-D
Registered
Minn Union lstg6s... 1922 J-J
929i
. .
W
.1937
1937
1937
1937
Registered
HMlstdlTlstg5s.,.1908
1908
Registered
1940
NordlT Istg 4s
1940
Registered
CPaclBt
lef
gug48.1949
SJ^s
Registered
Qal Har & 8 A 1st g
.
. .
,
6s. 191 o
8dg7s
1905
Mez JcPao Ist g....SB'31
Hons&TOl8tW*N78.'03
io2ji ioiii
129M 129Vi
Apr '97
Deo '99
Dec '99
122^ 120
Apr '99
108
\\2H
128
Oct.'99
12A>^
126J^Jan.'00
123 Dec'99
J-Dt
J-Dt
83}^ Sale
83Ji
86
F-A
F-A
b9
Sale
84
Sale
84
418
80
84
Nov'99
98%
97% 100%
83X
275
81
102!pi Sale
-J
108
102M
Oct.'99
1091^ Nov'99
J-J
A-O
103H
1061^
«7H
97$i Sale
Small
BerlesC 6b.,.
Small
1911
1916
..1916
102
106
32 101
102^
ii"6"
iiOH
"88%""86%
28
1st Zs
Con. OB
N Y & 8 B Trans
&
Bid.
67
96
!
66
110
98
&
Price per ahare^
i'lO*
108
110
114% 11«X
111
111
13 111
114
Oct.'99
Slyi Nov'9P
1071^
Jan.'00
106
105
95
86
105 107%
105 105
"i
95
96
26
84% bS
8
78
84
14 110 117%
IS
96
87
84
82«
117
99
117k
Ang'9H
2 103
10«%
lOSH 411 101% 1(.5%
103% 104%
103)4 Jan.'00
104%
104H
10414
110
110
102
'"i
5
30
127J<
lOlJi
137
121
108
112
114
110
110
100% 10.%
136% 180
Mar'99
May'97
72 110% iiT*
102% Nov'99
75% Oct.'99
Sale
116H
'
Nov.
Se«
116H 41 lis
99%
99% 13 99
83
83% Feb'OO
38% 472 34%
37%
108%
108% Feb '01
91%
93 Jan.'00
11B%
110
115?^
7514
75
"40 101
110
80
10414
110%
105^ 106U
Jan.'00
107
130 1041^ 107
48 95
9UM
97%
Aug'99
108%
109
102
100
101
11S«
101^
100
115
Sale
loiH
116^
113J<Aug'97
117
90% 100
116
Jan.'OO
131
119Ji
181
100
103
•104
....
105
101
103
104
lOlH
116«116i«
117
114
117H
108^ 108^
108J< Jan.'00
Sale
119Vti Sale
121^ Sale
115
lOlJ^
lom
121
121
120
122
119M 131
2
6
U8
25 119
101
Jan.'OO
Dec'99
104
113
107
•108
96
90
68
98
08
111
94
102
New iB.'-See "Unllst'd Bds.
STREET RAILWAY BON
27^
MlBceilaneouB. Par.
Amalgamated Copper
Am Agrloul Chem-~See
Bid.
A-O 106
J-J
109K
J-J
105
M-N »102!^ 104
BkQCo&Scongug58..'41
Bklyn UnBl Istg 4-581950 P-A
95% Sale
Clty&SRj Bait Istg 58 1922 J-D
U»u Con Tr Co Istg 5s. .1933 A-U
Den Tram Co oon g 6b. 1 9 1 J-J
Met By Co 1st gn g 68.1911 J-J
LaTjliRyCo Istoon g5s.l930 J -J
Manhattan Ry oon 4s. .1990 A-0
102%
Registered
1990 A-O
VetropolBl Istg 6s... 1908 J-J 115 119
Market StC Ry istg 6s.l9i3 J-J
Xat St Ry gen tr g 5s. 1997 F-A 117% 118
Bway&7thAvlstog 5S.1943 J-D *11»
Registered
1943 J-D
ColðATlstgng6s.l993 M-S 193
Registered
1993 M-S
Lax Av & P F 1st gu g 6a.'93 M-S 128
Registered
M-S
«11 HI Ry A L 80-yr g 5s. 1936 P-A
9 J-J
'<inn St Rt 1st oon g 5s. 191
g 5s 1937 J-J •111
It Paul Olty Cab.
Guaranteed gold 5s. .1987 J-J
StatlslBy Istgu g 4^8.1 94M J-D
Third Av Ist gold 6s.... 1937 J-J *122
UnBl(Ohlo) 1st K5S....1945 A-O
Istour 68.'28 M-N
W Chlo 8t40-yr 6s
40-year oon g
1936 M-N
GAS * BLBCTRIC LIGHT BON DB.
Atlanta G L Co let g 5s.l947 J-D
Bos U Gas tr otf 8 s f g5s..'39 J-J
Bklyn IJ Gas let con g 68. .'45 M-N 116% Sale
ChGL&CCo. SeePG&CCo
Columbus Gas Ist g 6s. 1932 J-J
Con Gas Co. SeePG&CCo.
106
110
116
107
99% 98%
NOT'97
Nov'99
108% 100
106
Jan.'99
Nov'99
103%
93%
103%
Jan.'99
109
108%
92% 97
101
10
304
96
92
Mar 98
102%
!•*••• ••••••
102% lOS
105
103
\ii" U0*
116
116
117%
118
87
119
.
120
122
101
ISO
14
133
Feb
122"
118
188
Oct.-99
Oct.'99
112
133
Ja!n."'b*6
106
109
ii7%iseM
118MIBO
'CO
isi" ii%
118
lis
105
*
133% 183%
109% Dec '99
99
919<iOot.'98
96
.
t
49
. .
Preferred
Amer Bicycle—Com
Preferred.
Bonds 5a
MAS
Amer. Caramel— Common
17
40
Hi
96
117
8S
116%
96
I
Due March.
1
Due Jan.
Miscellaneous. Par.
Leather...
I
109
97%
111
07
Dae Not. o These are option
(&
Miscellaneous. Par.
Ask.
30
80
90
Amer Wringer
7
46
Amer. Writing Paper
810
65
81%
i"o's%
2B% 35%
88
885^
Bid.
com... 100
t
11%
10
80
5s.
ajiderBon (John) Tob.lOO
Automatlo Vending... 10
Barney & SmCar
100
10
09
Preferred
100
JAJ 104
Bergn
& Bng Br— See
Phi
18
88
t
6i 1942
14
108
108
Ullat.
100%
Ist 6s
Blaokwalln nnph Toh
Ask
107
116
Pref
4mer Graphophone....lO
Preferred
U
1
MISCELL'8,
3a
Preferred
Pref prrpd
Oct.*99
Mar'99
Bid.
Amer PreBS Assoo'n ..100
F&A
Bonds 6b
Amer. Woolen—Com....
so
99% Nov'99
.
76
76
350 tsao
Screw
American
6
4m Soda Foun—Com. 100
61
100
45
l(t preferred
100
9
3d preferred
50
\merlcan Surety
19
50
Typefo'rs— 8took.l00
*^m
53
03% ^mer 8trawboard....l00
ston List
43
47
Deo '9*;
116%
Det Gas Co oon 1st g 5s. 1918
BdEIIllBkn SeeKCoEL&P
Due July.
Ask.
14 i'23% ias'
.
Gas g 5s .... 1 92 3
98% 93% Amer Hide &
i5
Amer Air Pow of N Y. 1 00
A^merlo'n Axe & Tool .100
Amer Bank Note Co. .50
Preferred
107
6% J'ne'99
Bale
(Given at foot of 7 oousBorrTivB pages).— ^J^iJi^F
American Ginning
11B%
08% 77%
22>, 30%
DS.
1945
Av Bklyn imp
Jan.'99
Jan.'00
34
76
1937 A-0*
Inoome58.
EdElIll. SeeNYQ&ELH&P
'37 A-O
Kings Co El L&PgSs
1997 A-O
Purchase mon68
Ed Bl 11 Bkn- Istcon g 48.'39 J -J
1940 A-O
Istg 5s
..
Begistered
A-O
American Beet Sugar.
;
1
141
30>, 26b
99% Feb '00
93^ Mar'98
Bngraved trust oertlfloates
Detroit City
and asked this week, t Bonds dne Aug.
Ask.
88%
110
93
.
Jan.'OO
Jan.'OO
108
lOS
86
N Y Cent.
g 58. .1934
BkCltylstcon 5b.1916.'41
282
110
77%
28^ 27%
28
116%
May'99
115%
.
33d 8tB Ferry
60
70
1st mort 68 1919... J&D {100
106
Dnlon Ferry— Stock
39
88
IstSs 1920
M&N «100 101
{Buyer pays aonrued Intere St.
t
Sep.t
Oct.*
W Va & Pitts. Se« B & O. J-J
W Va Cent & P 1st g 6s. 1911 A-O
Atl
108?^
103
Ferry
Bonds 6b of 190e.M&N
10th
West No
West Shore.
Bklyn Rap Tr g 5b
108% 160 106
106MMar'99
108M Aug'99
108H Sale
OUTSIDE SECURITIES
Ferry Companies.
M Y A B R Ferry— Stock.
Bonds 58 of 1933.M&N
aoboken—8took
50
Sale
J-J
J-J 109
J-D lOlH Sale
F-A 127K127H
J-J 116
J-J 115
J-J 114 Sale
WheeUng&LB Istg6s.l936
Wheel Dlv Ist gold 6s.l9a8 J-J
Bxten & Imp gold 6s. 1930 F-A
Wilkes & Bast. See N Y 8 & W
WU & Sioux F. See St P M & M
102% Winona & St P. SeeO&NW
WlsCentOolsttrg5s ..1937 J-J
M-8
M-S
M-S
M-Si
M- 81
• N* price Friday; latest bid
84
8i%
113%Nov'98
103% Dec'99
109
.
1906
1911
100
88
96
J-i) 117 8ale
95
J-Dt 85
J-1) 105
J-J 104% Sale
6b.... April, 1943
Car.
See South Ry
.
6s
86>^
F-A 99>j Sale
J-J 83^ 83H
J-J 87;^ Sale
l«tg6sDet*OhHxt..l94l J-J 107 108H
126H
93 ...,
Des Moln Dlv Ist g 48.1989 J -.1
StChasBrldge lBtg6a.l908 A-O 108 ...,
Warren BR. See Del L & W
Wash Cent See Nor Pac
Wash 0& W. See Southern
WestNY&Pa Iatg6s.l937 J -J 114^ 115
74
76
Geng3-4s
1943 A-O
148
107
107
M-N
J-J
J-J
BPaoof NMeil8tg6s.'ll J-J
Qlla V G&N Ist gu K 58 1 924 M-N
B
106% 107
.
F-A
J-D
M-N
A&N W
Small
io""?" !!!!!.
A-O
J-D
A-U
J-J
Income
A-O
A-O
M-N
Series
latf 8str.l918
Ham&Buff lstg48 1946
Ulstar&Del Ist og 5s. 1928
n Pao— BR *1 gg4sl947
Registered
1947
OreRy&Navlst s f g 6sl909
OreRRftNar oong 4s.l946
Ore ShortLine 1st g asl932
Utah & Nor Ist 7s
1908
Gold 5a
1926
Ore 8h L— latoon g 6a. 1946
Non-oum Ino A 5s. 1946
Non-ou Ino B &00I trl946
J-J
2d gold 5s
1939
Debenture series A. ... 1 9 3 9
Series B
1989
106Ji Nov'99
J-J
J-J
J-J
J-J
J-J
J-J
A-O
J-J
J-J
BITVa&Galst7s....l900 J-J
Divisional g 5s
1930 J-J
Oon 1st gSs
1953 M-N
B Ten reor lien g 4-5s.l938 M-8
Registered
1938 M-8
OaPaoR7 Istg6s....l922 J -J
Knox & Ohio 1st g 6s 1926 J-J
Bloh&Danoong6s. .1915 J -J
Bquip sins mnd g 5s. 1 909 M-S
Deb 5b stamped
1927 A-0
SoCar &aa Istg 5a.. 191 M-N
Atl& Yad Istg gu 48.1949 A-O
Virginia Mid ser A 6s. 1906 M-B
54
50
'
W. See Mo P.
Yer Val Ind & Se« South Ry.
IrglnlaMld.
1939 M-N
Wabash Istg 5s
J
NoofCaJ I8tgug68...1d07
1C9"
See Ore SL.
UtloaA Black R. Se«NYCent
104MFeb.'98
1906
1912
gSs..l937
Stamped
1905-37
lstgng58.1941
8 P Coast let gu g 48. 1937
Jan.'99
Ctah& North.
J
J
109
CnlNJRR&COo. SeePaRR
Dtah Central. See Rio G W
II
Guaranteed gold 68..1938
Bouthem— 1st oon g 5s.. 1994
Registered
1994
Mem Dlv Istg 4-4'H-58l996
Registered
1996
AiaCenRlatg 6s.... 1918
Atl & Cb Air Line lno.1900
Atlan & Dan Istg 5s. 1950
Col & Greenv Ist 5-6s.l916
1935
TStLiKO
1937
1912
1921
Ist gold 68
Istgold 68
Ist oon guar
Co ctfs
l8tg6s
1935
West'ndlv Istg 5s.... 1935
ll«?gl20!4
141
137
Tor
104H Jan.'00
108
1.
Oot.'e9
trust
Tol&OC
. .
A-0
A-0
A-O
A-0
J-D
102
Deo... 2000 Moh.
General gold 5a
41
J-J 110 lllK 110 Jan.'00
Oong6slntgtd
A-O llOH
110J< Dec'99
A-0 85^4 Sale 85)4
Gtong4s Intgtd
85%
Morgan'sLa&Tlstg6s.'20 J-J laOH
120HFeb.'9t<
Ist 7s
1918 A-0
134 Nov'99
NY T 4 Mexgu Istg 4s. '12 A-0
99 Dec'99
Ore & Oal Ist gtd g Ss. 1927 J-J
8 Aft A Pass 1st gug 4s. '43 J-J
79^ 80
80
78«
1905 F-A
Tez&N0 1st7s
116 Deo '98
Babinedly Istg 6s. .1912 M-S 111
106M Nov'97
1943 J-J 103M Sale 103% 1C4M
Oon g5s
BoPof Argu lstg68.'09-10 J -J 110
110 Jan.'00
BPof Cal Istg 68.. 1905 A-O
107 Nov'99
Istgold 6s ser B..1905 A-O
lstg5slnt gtd
Bng
inc. 68,
Kan & M 1st gu g 4s. ..1990
98H
119% 119% TolPeoAW Istgold 4S.1917
112>^115
115
118
2d gold
98
104
J-J
J-J
J-J
J-J
!949
1929 J-Dt
1929 J-Dt
Registered
Mort guar g
63% 60%
Feb '99
Dec '99
Jan.'99
182i< Jan.*98
129^ Jan.'00
104Ji
W
.
91
137« Feb '99
114H 115
106« Mar'98
B AAAP. 8««SoPao.Co.
BV&NPlstsI gSs...l919 J -J
1st oon g 6s. 1934 A-0 126
Bar F *
1934 A-O
IstgSs
8t John's Dlv 1st g 4S..1934 J-J
V^al & N B. See Nor & W
Boloto
.
60M S61
86i4
98H 98^ Feh'OO
U99i U9«
120H Jan.'OO
l^m&BFlstg 6s.. ..1988
1938
Registered
Bt P & Nor Pao. See N or Pac
it p*a'xoit7.SMOstPM*o
B Fe P?98 & Ph 1st g 58.1942 M-S
1926
Beab & Roa Ist 5s
Car Cent Ist con g 4s 1949
Bher 8hr & So. Se« M K & T
Bod BaT & So 1st g 58. 1924
Bo Car & Ga. See Southern.
Bonthem PaolSo Co—
Oold 48 Ceut Pac col.. 194 9
1949
Ke.lstered
41
59
Sale" 141
i!
107^ 107 Nov'99
Tei&P Ry H dlv Istg 6f .1905 M-8
Istgold 5s
2000 J- D 118HSale 112?^ 114
91
novt
since
High. No. Low. High
Ask. Low,
M-8
M-8
M-8
M-S
M-8
Range
Jan.
110 Jan.'OO
M-N 110«
110 Jan.'00
M-N •110
111^111^
WO&Wl8tcygu4g.l924 F-A •115% 117H 90 Feb.'99
lis 118
N C 1st oon g 6s.l914 J-J 117
114HJan.'00
West
SAN Ala. S«« L & N.
123
123
Spok FaUs&Nor Istg 68.1939 J-J
106 109-^ Sunb & Lew— See Penn RR.
Syra Blng & N Y. Sm DL&W.
112% J'oe'99
''Per A of St L 1st g 4J<is.'39 A-O 111
A 1st oon gold 58.1894-1944 F-A 113
lllJi Nov'99
111 Jan.'00
84
79
St L M Bge Ter gu g 5a. 1 930 A-O 111
Tex & N O. See So Pao Co.
Dec '99
120
Feb. 9.
108
8tM
Sale
Sale
.
.
10
99% Dec '99
Bonthw Dlv Istg Ss.1947 A.-0
.
5b
Gtd stamped.
.
1st gu g 6s.
laeeistered
1st guar gold 5s
B
Week's
Range or
Last Sate.
Friday,
9.
1921
1926
1926
1931
1936
1936
Small
& San Francisco—
1906
8d gold 6b Class A
1900
Idsolddi ClaaiB
1906
Id gold 6s OlasiO
Price
*-.2
LXX.
[Vol.
4.
.St
Bui.
Series F Ss
Gen 5s
8t Louis
Uont C
Feb.
SmaU
L * Oal. See Mob & Ohio.
L & Iron Mount. See M P.
L K O & N. See Wabash.
itLMBr. SeeTKRAofStL
L
BONDS.
STOCK EXCHANGE
Week Ending
Page
(5 pages)
Southern— Va Mid (Con)
8i" "84%
Series D 4-5s
1921
•t
Bt
Bt
Bt
N.Y.
prices
8fi +
19
SO
5.
9
..
.
'
FEB.
THE CHRONICLE -BOND
10, 1900.]
Price
Friday,
H.Y.BTOCK EXCHANGE
Wbbk Ending
Feb.
since
Last Sale.
5s. .'32
9«n Eleo Co deb g 5b... 1922
arBapQIjCo l8tB5»..1915
KO Mo Gas Co l8tg5».1922
LaoOas-LCoof 8tLl8tg5B'19
M-8
J-D
F-A
A-0
Ask. Low. High.
Bid.
HYGELH&P..g
113
lOSH
Sale
'.'.'.'"
104«
104
.....
123
17
109
\07}4
"93^
1
92U
110
121
10
91
6
108
13
108
Jan.' 00
107
103
101
80
85
84
4i 1 91 J -J
]st,g88.1942 J-J
klnFerryCo Istcong 53'48 F-A
Ist g 5s .1945 F-A
A
Bt'n
76^
.
SeeNYCAH
.
3
34
105*
"77"'
24
"7*7*
'Vo'
41
lOOJ^lOSH
108
103
91«
95>i
66
19
23
899^
86U
NOT'99
99
70
Sale
I
Jan.'99
106
107
80
95
—
Ollaoellaneoua. Par,
.
Company —Com.. 50
Bid.
104
105
112"
Ask
67>4
60
62H
Bond4Mort Guar... 100 300 326
Oarter-Crume— Pref. .100
65
80
Celluloid Co
100
98
88
Cent Flrew'rks—Com.100
12
16
Preferred
100
60
60
Ohatoaugay 0re4 Ir 6s 1
30
60
Ohe« 4 O Grain El— Inc.
10
16
75
4s.
70
Ohesebroogh Mfg Co. 100 340 360
Olaflln (HB)-lstpref.lOO 100
3d preferred
.100 100
Common— See St. Ex. list
Oonaolid Car Heating.lOO
48
65
Oonsol Flrew'ks-Com.lOO
10
Preferred
100
60
Oon Kan C Smelt 4 Ref .25
Oonaol Rolling Stock. 100
Cramps' Sh 4 Kn BIdg. 100
78
80
Diamond Match Co ... 1 00
127
DUtlU. Co. of America.
7
7%
Pref
24H 25H
nectrlo Boat
20
17
Preferred
30
85
meotrlc Vehicle
50
52
Preferred
80
100
Bppens Sm 4 Wleia..lOO
rle 4 Western Tra as. 50 100
Fidelity 4 Casualty... 100
ridellty 4 Dep (Bait) 50 1200
General Chemical
100
80
Preferred
100
97 lOO
German
Real Est. 100
30
40
Qorham Mfg Co-Com.lOO 100
Preferred....,
100 119>«
Great Falls Ice
100
Havana Commercial..
18
19
Preferred
59
61
Heok-Jones-J Mill-Pf.lOO
55
Ist 6s 1922
M48 70
80
Her'g-Hall-Mar(asst p'd).
6
10
Preferred (asst p'd) 100
13
8
Hoboken Land 4 Imp't
110
6s
106
lUlnols Trans
3
International Blevat.lOO
International Navig..lOO
Intemat. Paper— See St'k Bxcb list.
Intemat'l Pump— Com
18
19%
Preferred
85
66
taternat SUver- See Stk. Bzch. list.
Do
do
pref.
£0
60
Prvferred
'
.
,
,
.
.
Am
m
. .
do bonds.
Iron Steamboat.
loO
1901
j&j
John B Stetson— Com.100
Preferred
100
9ii
Jtwneay 4 Burnham.lOO
Preferred
100
i
99% lOlX
3
5
45
90
Apr'97
preferred
Do
bonds, 3s
Knlokerb'r Ice(Chic)-Se«
5<awyerB' Surety
loo
Lawyers' Title Ins.
lOO
Ubeny euk Mills Prf.ioo
. . .
(P)-Pref...lOO
15
109
95
80
23
Sale
*106>i 107}i 108
U SLeath Co s f deb g 68. '13
Vermont Mar Istsf 58.1910
West Union deb 7s. .1875-00
78..
.
1875-1900
1884-1900
68... 1911
Northwestern Tel 78.... '04
L B 4 P C Co 1st g 5b.'19
Wh
GOT. SECURITIES.
115
U
C
U
U
U
U
8 4s
8 48
8 48
8 48
S 58
S 5s
33
W','',
iiijiuaji
'33" '88"
Jan.'00
(For daily record see seventh va qe V receding.)
.
coupon
registered
coupon
115%
114% 115%
134
134M
134
134^
112« 113H
iiZH 113Ji
.....1925
1904
1904
registered
coupon
1906
1906
48
Currency funding 48. ..1920
Dist of Columbiar-3-658.1924
Louisiana— New con 4s.. 1914
Small.
Missouri- Funding. ..1894-95
Nortn Car— Con8ol4s...l910
Small
1919
8s
80 Carolina— 4^8 20-40.1933
Tenn—New Bettlem't 38.1913
111
105
108
103
Q-F
Q-F
Q-F
J-J
J-J
J -J
F-A
J-J
J-J
J-J
J-J
A-O
J -J
J-J
J-J
J-J
J-J
118
110
109)^100%
88 109}^
108
114
114
3
Jan,'00
UOM
110^
Nov'98
Apr'99
114T^
STATE SBCURITIB8.
Alabama— Class A 4 to 5. 1906 J-J
B5s
116
115
109
1907 y-Jt
1907 Q-Jt
1925 Q-F
registered
C
llS9i
106
109
1019< lOlM
101
101
103>i lOSK
108 Dec'99
U S 28 registered. .Optional Q-M 108ii
1918 Q- F 109% 109% 109% Jan.'OO
D S 3s registered
1918 Q- F 109^ Sale 109^ 1"""U838 coupon
US 38 reg small bonds. 1918 Q- F
lOfli^
U S 3s cou small bonds. 1918 Q- F 109 HO 109
.
HOW
no
M-N
U5U 115
116K
M-N 101« 103 101% Jan.'OO
1>1-N 101J4 103
101 Jan.'00
M-N
102Ji May'99
rn-N
J-J 112^ Sale 113
112«
M-N
110 J'ne'99
J-J "32"
J -J
84
24
lOX
28 107
2 106
15 103
I'.OH
110
105
107
De BarC4ICogug Bs.'lO F-A
US BnvelCo Istsfges 1918 J -JIT
80
30
6
98
llOH
A-Oll
11
115!4
Feb
'00
133V^ Jan.'OO
134%
112%
118%
111
109
100
133H133J<
133^ 134%
10
19
134%
113)^
Jan.'OO
115?<
115
H2%118J<
n3Ji 11396
io8ji
HI
102
103
Aug'98
3ep.'98
Jan.'OO
100
118
lOeji
109)i Feb.'99
••ft •••!>
108* * Apr'*99
i06
137
110
96
«0
138
Feb.'98
96« 96
1
94
91
Jan '00
8SJ<
8B?i "so
91
80
96
96
91
86
95
Virginia fund debt 2-38.1991
Registered
,
68 deferred oertf s
859^ Sale
5
Atch Col 4 Pac 6b tr ctf b ....
Atch J Co 4 West 68 tr ctfs.
MetrWSBKChic) l8t4Bl938
Ore Sh L ctfs dep coll tr 6...
St li I M & 80 new 30 y 48 (w 1)
Dec'99
NoV'iai9
t>H
Deo '99
t
Due July
Miscellaneous. Par.
Madison 8q. Garden— 100
M4N
2d 6s 1919
50
Maine SS
Bid
Ask
6
10
30
40
89
Preferred
48
Gramophone. . ..100
48
National Saw— Pref.. 100
National Salt
48M
Preferred
77
National Surety
100 128
National Tube
51M
Preferred
9iH
National Wall Paper. 100
70
6
N. B. Blec. Veh.Trans.
100
75
N Y Loan 4 Imp
114
N Y Biscuit 68 1911.M4S
New Jer Zinc 4 Iron.. 100
N. Y. El. Veh. Transp.lOO
50 t 63
N icholson File Co
Nicaragua Construct. 100
Nlles Tool Wrks com. 100
Preferred
100
Nat'l
2«
Elevator— Com
Preferred
88
Peck, Stow 4 Wilcox.. 25 t 37
100
Pegamoid, pref
50 390
Pennsylvania Coal
Penn. Water— Com.... 50 t....
Phil 4 Wil Steamboat. 50 t....
Pittsburg Brewing
50 t 24^<
Preferred
50 t 479<
Pneumatic GunCar'ge.lO T-22
Otis
47
79
"im
93
73
85
10%
27
89
175
30
71Hi
J4J
40
631)
180
33
72%
95
Swttt4 Co
4 8m-V.100
100
1st 68
Susq Coal 88 1911.. ..J4J
Tennessee Copper
Qw
N. Y. CITY.
America* ....
45
116
iiu
384
824
"s'a"^
& MISOELL'S,
74
lh7M
385
5
8
58
30
48
80
500
3S3
Broadway..., 240
Butch's4Dr.. 8)
Central
170
Bowery*
Wagner
Citizens'
City
Colonial*
nth
ioa%
106
.....
Fifth Ave*.. 2600
idS
Fifth
.....
3350
First
14th Street*. 146
165
175
Fourth
Gallatin
100
Gansevoort*.
80
1630
Garfield
Greenwich*.. ll<5
Hamilton*... 135
375
Hanover
Hide 4 L'ath 120
120
Home*
Imp 4 Trad. S20
Irving
17^%
Leather Mfr. 225
Liberty
310
Lincoln...... 775
Manhattan* 256
Market 4 Ful t230
Mechanics'.. 193
Mech 4 Tra* 90 '
IMO
Mercantile
Merch Exch. 17'1
Merchants'.. tl73
Metropolis*.. 400
*
Banks.
•
> * •
260
Peoples'*
int.
t
....
Phenix
••
725
450
225
• • • • »
823
375
no
Int'l.
i
t
310
BR'KLYN.
310
Hamilton*... 110%
Kings Co*.... 100
Manufact'rs.
300
Mechanics*.. 202%
Mech 4 Tra*. 280
no
•
People's*.... 190
186
t
Bkg4Tr 135
Manhattan
West Side*.. 375
336
Western
Price per share,
145
n*5'
305
198
700
Knick'rb'ck'r 375
106
Nassau ...... 285
290
Nat City
North Side*. 170
4'56
Scherm'rh'n* 150
17th Ward*. 115
Sprague
200
26th Ward*.. 140
Union*...,.,, 120
Wallabout* .. 105
Guaranty Tr 600
NY* 180%
Merchants'.
Aik.
otati on*.
.
ISO
216
12th Ward*.. 128
23d Ward*... 115
Union.
824%
Union Sq*.... 310
30O
Bid.
Qu
193
Ctl.RltyB&T 250
First
I
Banks.
list.
Central Tr'st. 2116
t
City Trust. .
400
Colonial
400
Continental 375
Farm Ln 4Tr 1400 iWso*
Fifth Ave Tr 400
460
250
•
106
475
•••••
•
140
86%
N. y. CITY.
Atlantic Tr. 195
Bankers' Tr. 192
Bedford*.... 315
Broadway* . 190 200
Brooklyn* ... 110%
8th Ward*...
95
5th Ave*.... 104
107
335
113
123
95
310
100
475
Prod Bxch*. 120
Republic .... 300
Riverside*... 210
Seaboard .... 275
550
Second
170
Seventh
Shoe 4 Le'th 98
325
State*
State of
Stk Bxch.
Brokers'
31
Trust Cos.
Plaza*
Banks marked with an asterisk
15« "lg% acomed
160
YorkvlUe*..
•
Ask.
Bid.
140
Park
ii90
250
Columbia*... 190
Commerce... 270
......
Continental 135%
t
Corn Bxch*.
370
95
.
19th Ward*.. 100
85
Ninth
....
Car- See
68%
Phila. List.
Westingh Air Brake. .50 tl9l
40
i95
310
North Amer. 200
3900 4100 Oriental* .... tl«5
4:144 1439^ Pacific*
170
130
Ward*. 150
Pal.
60
29
110
118
86
25% 38K
100
U.S. Pneu.Hor. Coll.— See
New Amst.*.. 590
New York Co. 1500
N Y Nat Ex.. 116
.....
New York.... 245 265
300
350
VS
425
....
8 Glass— Common. .100
Preferred
Aak.
^
.
U
48
Mutual*
Nassau*
*
Bid.
t
1st preferred
100
2d Dreferred
100
U 8 Bnvelope-Pref .100
is— See Stock Hx. Hit.
400
Brokers' Qu otatio ns.
Mt Morris*.. 300
U55
.
60
101
105
115
Ask.
otati ons.
92% 94^ German Am* U5
30
30% German Ex*. iSS
82
8?% Germania*... 335
71
75
R T let 68'13A40
95% 07^
34
88
92
Miscellaneous* Par.
71
24% Domes. Exoh
Bast River..
48'
list.
650
625
72
?107%
Signal.SO t 89
Bid.
Chemical
820
150
750
StUlw-Bierce
Broker*'
Chatham
Simmons H'rdw-Com.lOO 210
2d 5s 1928
4
Banks.
Chase
145
Isl
Preferred
Am Exoh....
6H Astor
135
39
Preferred
A40
Union Switch
47
400
200
52
40
110
107
W%
Oct.'99
Union dwitch & 8, pref.fiO
Union Typewr— Com.lOO
49
42
380
190
t
Pacific Coal. 100
Ist 6s 1908
Title Guar 4 Trust. .100
91
53
Preferred
100
Procter 4 Gamble. ...100
Preferred
100
let 68— See Stock Bxch.
R.I.Perkln8 Horse Sh.lOO
Preferred..,.
100
Boy Bak Pow pf ....
Rubber Goods Mfg..
Preferred
Russell 4 Brwin
25
Safety Car Heat 4 Lt.lOO
Schwarzchild & Sulzb.lOO
Semet-Solvay deb Ss
140
As
Bid.
Ist 8s
42^
33%
H
Preferred
100
Singer Mfg Co
100
Standard Oil of NJ..100
Stand Und'rg'dCable.l00
Par,
.100
Trenton Pott— Com.. 100
Preferred
100
Trow Directory-New. 100
Union Steel 4 Chain
1
Stat
108
118
115
100
Pratt4 Whltn— Com..lOO
t
Mlscellaueoua.
Term Wareh— Stock,
Texas 4
.
43
no
Sale
Sale
I
. .
43
160
t
96^
76H
81
90^
Sale
WlscCen l8t4a (wl)
9 %
92
88
Due May. i Due April. Bonds due January. T Due August. aThese are option salei.
Merch 4 Miners' 8 8.. 50
Mich-P Car 1st 58'42M&S 114
Minneapolis Brew 1st 7s. 113
100
Mosler Safe Co
Monongahela Water... 25 t 41
Nat Enamel'g 4 Stamping
StandardCoupler.com ....
List.
96M
81^
(Given at foot of 7 consecutive pages).—^^JVi^^ST
SO
67}^
66« Nov'99
64^i Nov'99
'
com.
Preferred
Southern Cotton Oil.. .60
8
101
106
Jan.'00
20
StEx
lOS
May'97
May'97
Sloss-Sheffleld,
117^
Gulf, new..
5**
20«
UNIilSTBD BONDS.
OUTSIDE SECURITIES
filiBi
80
22
109
105
Small
loe
80
111
Class
Class
Feb
95HJan.'97
113
Feb '97
110
Small
3994
*No price Friday; these are latest bid and asked this week,
liOrtllard
i'05'
1910
Ss
1910
Co debSs
Non-oonv deben 58...1913
Iron Steamboat Cods... 1901
Int'l Paper Co litcong6s.'18
faffAOlear 041 lstg5s 1926
4
85
.
Steel
C. P.
1029^ 105
10014 103JI
34
-J
90
J'ly'99
101
106
Low High
High.
113H
116
1.
Oct.'9P
110
MutUnTelsf'd
1900
M-N
J-J
A-0
J-J
F-A
J-D
1926 J-D
SdgSi
Knlok Ice (Chtc) Istg 68.1928 A-0
Iftad&a Oard Istg 5b... 1919 M-N
Man Bch H & L gen g 4s. 1 940 M-N
g 5b,1918
Met T4Tl8t8fSeeWnUn, M-N
utUnTelCo.
StarohMfg Colstges'SO M-N
Nat News S&D D 58.1990 J-J5
eirpt
NY 4N J Telgen g5Bcy.'20 M-N
BobokenL4Ig
128
109«Feb'97
QrameiojSug 1st g«s.. 1983 A-0
arRlvCoal4Clstg6s.l919 A.-0 100
Hack Wat Reor 1st g 5s. 1926 J-J
Hand B Co Ist8fg6s...l93] M-S
since
Jan.
90
946
1884-1900
Registered
1938
Col trust cur 5s
F-A *100^1005i 100)ii lOOH
OolO*IDevCogug58..1909 J-J
1909
Coupons off.
103 Jan.'00
Ool Fuel Co gen gold 6s. 1919 M-N 100
93
93
Ool F 4 1 Co gen s f g Ss. 1943 F-A
103^ Aug'99
g4B...2397 Q-J
Oom Cable Co Ist
104 Feb.'98
2397 Q-J
Beglstered
DeBaTdelC4I. SeeTC4I.
el 4 H Can. See RR bonds
23
22H Sale 22
Dat M4M Id gr 3!^s B A.1911 A-O
109 Oct." 99
MrtaT 4 T col tr g 8 f 5s. 1926 J-J
'00
39...
1
TennCoalTDlv l8tg6B.1917
Debenture
Jan.'00
"73"
Sale
J-J
Ino 58... 1907 J
OoiC4I Istcong
Pit C4 1 pur
Registered
st col tst
105
Ask. Low.
90
*
.
U. 8.
Bar*8C<irCo
Kan
133
84
106
68.. '40
m 58
F-A
J-J
M-N
8t L Ter Cupples Station 4
41^8 5-20 yr'17 J-D
PropCo Istg
8 Yuba Wat Co con g 68. .'?,3 J-J
8p Val Wat Works Ist 68. '06 M-8
Stan Rope 4 T 1st g 6s. 1946 F-A
1946
Income g 58
Sun Ck Coal Ist g s f 8B..1912 J-D
Aug'99
Deo '99
Mar'98
M-S
Noncum
68.1910
4 Gamb Istg
Procter
104i< 0ct.'99
iio*
105
102
Oltarf Bit Coal.
110
107K 108
111^ Apr'HO
109
100«
(lahCoalMln. SeeTCl&R.
.Vblo Jo & 9tTd ool g 58.1915
94!^
Dec '98
Sale
W Wn
9.
Week's
Blrm DlT Ist con 88... 1917 J -J 109
Cab C M Co Ist gu g 6s..'22 J-D 105
128
123
106
loa
AmDk&ImpCs. SeeCenNJ
Do
103H 107
Dec'99
109i< Apr'99
106^ Nov'99
1
1U
107H 110
101
93
110
deb g 8b.. .1900 Qu-F
Ara SDirttsMfg 1st gds. 1915
lis
Hoch4
F-A
M-8 UOH
J-J M20
M-N 107
J-D 104
A-0 12J
M-S
.1947 M-S
Registered
Oh G-L&Cke Istgug 58'37 J-J 108
OonQCoofChlstguK5s'36 J-D
qG4 FCh 1lstgug6s.'05 J-J
Mn Fuel Gas st gu g 5. 947 M-N
Trenton 4 Kllstg 58.1949. M-S
WMtn Gai Co col tr g 58...'33 M-N
MIBOBLt.ANBO08 BON D8.
Adams Hx— Col tr « 48. iM 8 M-S 104H
:
113
Jan.'00
Last Sale.
Si*
Bid.
N Y 4 OntLandlBtg
104H
Purchase mong 4s.... 1949
Bd HI 111 lBtoonvg6i..l910
1995
lit con g 5s
Pec Gas & C iBtgu g 68. .1904
1904
Sdgtdges..
1943
litoonsolg6s
1947
aafnndlng g Ss
Am TUroiid
Week Ending Feb.
Range
Range or
Feb. 9.
N. Y. STOCK EXCHANGE
Low High
ffo.
273
5.
Price
Friday,
BONDS.
1.
.
.
Page
(5 pages)
NoWestnTeleg. See West.Un.
107
-F*
1919 ^:-F*
Small bonds
Foel Gas Co See PeopQas
Mat
58.1948 .T-n
194? J-D
Registered
m Cot Oil
Jan.
.
.
.
'
PKICES
Range
9.
Istoong
a Om N Y S««PQ&CCo.
aaOAFnel.
li
Week's
Range or
Feb. 9.
BONDS.
I
..
.
.
.
• • « »
.
350
Mercantile .. 775
Merchauts*.. 300
Mairopolitan 400
MortonTrust
N Y L I 4 Tr
N Y Sec 4 Tr
North Amer.
Produce Ex.
400
1400
700
tl50
125
Real Est Tr't 300
StandardTr't 210
State Trust. 400
400
•
ettt
450
416
1500
775
153
ISO
Tr.Co.of Am. 190
196
Tr.Co.ofN.Y. t200
Union Trust. 1425
U8Mtg4Tr. 500 S40
tiu'iL.
States..
IH51
t
Washington 300
BR'KLYN.
Brooklyn Tr. 410
Flatbush .... 160
Franklin
300
Hamilton
280
Kings Co.... 346
L Isi L & Tr. 253
Mannfaot'rs. *310
Nassau
People's
338
WUllamsb'gh tl90
••••••
188
are State banks.
{ Purchaser also pays
Seje at Stock Hlxoh. or at auction this week
(*)
'
THE CHRONICLE.
274
Boston, Philadelohia and Baltimore Stock Exchanges
Sbare Prices— Not Per Oentam Prices.
—A
Daily and Yearly Record.
Sales
ACTIVE STOCKS.
Saturday,
Monday,
Feb. 3.
Feb. 5.
Feb. 6.
242
108
100)4
100)4
242 249 •243
198
19SH iVsH 197 198
185
184><125Jg 125M
135
185 13S •134 137
137
197 127
•125 130
•33
•33
34
34
«S3
•43
42«
44
44
•48
124M134W 194)4
1S4 18S
86
28H 36« 26H 26
12
12
18
12
12
•
•96
99
842
S43
90
•942
243
213
101
*53H
63H 6BH •76
•76M 765i
S02M S0!2M
65M 65H
•97
97H
•203
63T6
76)4
97
97
9^
9 8-10 9 3-16
9H
88^
liH 14H
a
28
•471^
47?^
75% 76^
89H 39^
16
16)4
ViH 08
•88H 80
7e« 76H
8M 3H
847
846
47«
47i
118
113« 114
116
13« 14H
76)4
39)i
16)i
SdH
93
93H
•29
76)i
77
76 )<
lOOH
100)ii
140
18
•135
18
203
539^
•75)6
206
99
98
49
77X
39^
ie«
lO'/t
93
93
33)4
78
2M
3%
3%
348
4%
108H
113
274
64H
750
22
64
750
68
41«
41W 42
105
106
67X
45
32)4
77
14)4
277
59
7o0
100
•135
19
18)4
219i
6791
42)4
105
57H
»«
84)i
24)6
77
77
100
140
83
3
46
35
77
65
756
100)4 101
140
19)6 31
Co
Preferred
American Bell Telephone
765
Calumet
46
101
140
45)4
26
46
36
78
162
152M
81
21
43
•43
153)ii
164
21M
21
164
30H
30)4
45
•43)4 44
•61
aikedprtoes:
Bid and
•i2H
•
INACTIVE STOCKS
44
•44
46
•61
no
.
20 V
(
. .
& Hecla
"
Conn
Conn
W
& Paesum
Rivrr....
"
"
"
"
100
100
100
100
100
"
....
(Phila.) ....
. .
"
21
20)6
OonsolTrPitts^(Phil) 50
"
50
PrefV
PereM.(Bost)lOO
"
100
South & Fla.(Balt)100
Ga
"
100
1st pref
"
100
3d pref,
O'rmant'n Pa8s(Phll) 50
"
50
Hestonv M & T
63
Flint &
Pref.
Pref
Hunt* Broad T
"
Pref
Inds Street
"
KC
"
50
60
50
100
FtB&M..(Bost)100
100
50
Maine Central. (Bost)lOO
Mlnehili&SH.(Phll) 60
60
Hesquehon'g V. "
60
North Peun.... "
"
60
Phil* Brie
"
60
Phil Gerai & N.
"
100
X7n'.t«dNJ
60
United Tr of P. "
Pref
50
West End pref.(Bost) 50
WestJer&S8.(PhU) 50
60
WestNT&Pa. "
Wis Cent, new.(BoBt)100
"
100
Pref
WorNashAR. " 100
Pref
"
Little Schuylk.(Phil)
"ss"
93
18
66
"
25
Atlantic Min'g.
"
25
Baltic Mining..
Beth Steen....( Phil) 60
Bolton BleoLt. (Bost) 100
Cambria Iron.. (Phil) 50
(Bait) 100
Canton Co
Oen ten Mining. (Bost) 25
"
25
Central OH
Con. Lake Snp. (PhU) 50
Pref
Daylight Prism.
"
"
50
50
Franklin Min'g. (Bost) 25
"
100
fteneral Elect..
"
Pref
100
Gen El Anto-MT(Phll) 60
10
Oreger Mfg.... "
74)4
1
1)4
44
44)4
7)4
104
873)4
• • • •
.
I
113
113)4
61)4
7H
19
49
128
19)4
50
130
8
8
3)4
i^
29*
5
3*6'
88)4
29)4
3)4
31
24
80
10
H
3*6)4
Cent Ohio 4)48
19
'19)4
6
0)4
25
21
31)»
iVs'
4491
88
1891
18>4
176*'
"89"
19
18)4
19%
4
27
14
l."i)l
127
137
1894
127)4
138
491
4)1
16
Ind-Bgyp ComT(Bost)100
10
IntButHASM "
296
"
Sb
(BleRoyaleV...
86)4
ManafacRab..(PhU) 60
"
Pref
60
100
10
Marsden Col .. "
Mergeuthaler.. (Bost) 100 300
10
3
Mez Telephone
JAJ
1939 JAJ
Ch BurA N
6b. '18
4)4
42
42)4
jlOO
; 99
JAJ
113)4
95
M
i 99)4 lOu
• 90
91
90
AAO
DGRAWlst48.'46 AAO «"9'i
91
Domin Coal l8t68.'13MAS 3110
g.'06 MAS ill4
Bast'n 1st M 68
118
Fr ElkAM V Ist 68 '33 end {136
Unst'p'd l8t 68.'33 AAO «184)4
Illln Steel conv 58.' 10 JAJ «...
Debenture 58.1913 AAO «.... 103
KCCA 8l8t58K.'25 AAO «... 90
K C Ft SAG Ist 78.'08 JAD {113 115
K C F SAMcon 68.'28MAN {106 106)4
K C M A B l8t 48..'34 MAS i...
95
Income Ss
60
W
2d
«
«115
{104
106
M 5-6 g....l936 AAO
Mar H A Ont 6s...'25
Mex Cent
AAO
4s g.. 1911 JAJ
1st con Ino 3b g non-cum
2d con Inc 3s non-cnm..
103)6
g. '30
113
134
113
110)4
ills
}
76
7B)4
26
96
12
12V4
AAO
6s 1900
JAJ
6s gold 1900.
JAJ
1904
6s
Series A 58 1926.... JAJ
18
41
40
1
3
3
Ask
Bid.
•
*••
111)6
115
ISO
111
98
108
Canl8t5s.'16 JA.i
ChocOkAG gen
58'19JAJ
ib*29i
108
103
ConTracof NJ l8t58..'33 108h
Del A B Bk Ist 78.'05 FAA 118
BastAA Ist M 5s.'20 MAN 110)6
Edison Blec 58 stk tr ctf s.
ElecA Peop's Tr stk tr ctf 8
ElmAWllm
Bq
111
1st Os.'lO
JAJ
100)4 101
l'0f)6
98
98)4
180)4
i"0896
10896
116)4
86
86)4
133)» 13391
107)6
102)4
PotomVall8t58.1941JAJ
8ecAvTn( Pitt9)58'34J AD
95
115
180
Gas-L I8tg5s.l928
107
Ry
4b.
108)6
78
.1933
KCSub a l8t6s..'20 JAD
Lehigh Nav 4)6b. .'14 Q-J 113W
RR4sg
1914 Q-F
Gen M 4)4s g. 1924 o-F 103
Leh V C'l lst5sg.'33 JAJ
9991
Leb Val ext 4s. 1948 JAD 116)4
2d 7s
1910 MAS
Consol 6b
1923 JAD 117)4
Annuity 6s
JAD 123
New'k Con Gas 58 '48 JAD
.
130
102)4 106
107
113
lOCM
119
lOrt
Indianapolis
118)4
100)6
AAO
5s.... 2862
103
Series B 5s 1926.... JAJ
Pitt Un Trao 5s.l997 JAJ
48
6
H
Hestonv M A F con 58. '24
HA B Top con 58.'25 A 40
101
107
119
119
110
Sav Fla A West 58 'SIA AO
8eab A Roan 5s. 1926 JA.1
United Ry A Elec income.
8
Jan. 36 160)6 Jan.
Jan. 11 115 Jan.
8
8
Jan.
6 43
Jan.
1/ 46
Jan.
Feb. 1
Jan.
5 eS
Jan. 18
116)4
CharlCAA ext58.1910JAJ 106 107
ChesapGas6!..1900JAD 100)4
GaCarANl8t5Bg.l929JAJ
GeorglaPlst5-68 1922JAJ
GaSoAFla l8t58.1945JAJ
KnoxvTrac IstSs '28AAO
Lake R El lstgu5s'42MAS
Maryland Brewing 68
MetSt(Wash)lst58'25FA
New Orl Gas 1st 5b.. .Var
Norfolk St 1st 5s '44. JAJ
NorthCent 4)48. 1 925 AAO
9
Jan.
Jan.
Jan.
Bonds- Philadelphia
AlleVyEext78l910A&O 188
As Dhalt Co 5s tr otf s
86)4
Income
MAS
Chas City Ry Ist 5s '33JAJ
10 i
Feb.
Jan. 21 145
Jan. 18 83
9
.
110
123
68..
ChasRyGABi5s'99MAS
45)4 Feb.
27 Feb.
78 Feb.
Cifs'St Ry(Ind)con 5s.'33
Colum St Ry Ist con 58.'32
11091
Ga AAlalstpf5Bl945AAO 104H
gen 58.'21 JAD
Chi A
Con. of Verm't Ss.'lS J AJ
Curr't Riv Ist 58.'27
LRockAF8l8t78.'05JA
L EASt L let 68 g.'26 AAO
Ry
Jan.
Jan.
Jan.
BONDS
ChesAD
102
1 107)4
AAO
1918 JAD
2dM 6s
ChBur AQ 48.1922 FAA 1 100
lowaDiv 48.1919 AAO 2103
Chicago Juno 5a.l915 JAJ hl2
ChANoMgu58.'31MAN « 94)4
3
2105)4
CltyASub l8t58.1922JAD 116M
ColAGrnvlst6-6.1917JAJ 117
117)6
Consol Gas 6s. .1910 JAD 114)4 116)4
1930 JAD 109)4
6s
1st 58.'26
KC8tJoACB78.'07JAJ
}110)4
.1912 JAJ
Consol58....1932MAN 116
Ext A Imp 58.1932MA8 116
Central
>
AtlClty l8t5sg..'19MAN
Balls Ter 1st 5s. 19:^6 JAD
B Boro Gas 1st 5s.'38MA^
Cambria Iron 68.1917JAJ
ao39i
\
I
1910 JAJ |l00
K CA M RjAB 5s.'29 AAO
8)1
4
85
60
2dM5s
Riv ex'pt Os.JAJ }123
BurA Mo
20
37)4
01
.
Plain 4s
24
69
101
100
Adjustment g 48.. 1995 I 82)4 83)4
115
Boston Term'l 3)48. 1947 Ill3
Ist 58. '39
104)4
Conv'rtlble 5sl906MAN
9
Jan.
Jan.
Jan.
Jan.
147^
6
4
6
13691 Feb. 7
Jan.
4
Feb. 5
34)4 Jan.
9
45 Jan. 4
125)6 Jan. 13
26)4 Feb. 6
1391 Jan. 83
100 Jan. 29
54)4 Jan.
9
7491 Jan. SO
305)6 Jan.
a
67!4 Feb. 7
96 Feb. 6
6
96 Feb.
29 3-16Feb. e
15% Feb. «
5091 Feb. 7
771* Feb. 7
3996 Feb. 6
17 Feb. 6
86 Jan. 9
d 3)6 Jan.
8
WestVaCAPlst6g.'llJAJ
Wll A Weld 58.. 1935 JAJ
Bait Belt 1 st Ss. 1 990MAN
BaltCPa8l8t58.1911MAN
Bait Fundg 58.1916 MAN
Exchange 3)48.1930JAJ
BaltAOhio lag. 1935 AAO
8tatl8l2d5g.l926 JAJ
BaltAPl8t68ml 1911 AAO
1st 68 tunnel 19 11.. JAJ
Bal Trao Ist 58.1929MAN
Ext A Imp 68.1901MAS
NoBaltDiv 58.1943JAD
230
100
5
138
127
West N C con 68.1914 JAJ 117
.
29
33
Anacostia
9,770
2,435
Ask.
Atl(}-Lightl8t58l917JAD
Atl Coast L ctfB 5s .JAD
146
16
10
25
25
25
25
25
Bond »«— Boston.
JAJ
A T&S F gen g 48. '95 AAO
Non-exempt
4s
Bonds— Baltimore.
5s
A Pot
Atl A Ch Ist 78.1907 JAJ
6
"
100
50
Westm rel Coal "
Winona Mlning(Bost) 85
Wolverine Min. "
25
Bos Un Gas
MAN
1914MAS
1916 MAN
Ja-n.
747 100
32 135
6,278 17
»
S5 Jan. 5
79)4 Jan.
6
3 Jan. 19
IH Jan. «
349 Feb. 6
514 Jan.
9
137)6 Jan.
4
118 Jan. lu
1491 Feb.
6
287 Jan.
Feb.
68
755 Jan.
i*H Feb.
••8M Feb.
46^ Jan.
109% Feb.
5791 Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feo.
Jan.
Jan.
Jan.
Jan.
Jan.
43
15
75
34 5XFeb.
103 Feb.
843 Jan.
30 au Jan.
Baltimore— Conolu'd.
Rutland Ist 68.. '02 MAN {104
Torrington Ist 5s 1918... I
4)4s
143
303
50
50
Istmortes.. ..1905 JAJ nio)4
Ogd A L C con 6s.'30 AAO
1920
Income 6s
291
Am BeilTel4s..l908
"199
5
AAO
St 5s. .'02
491
9,298
25
50
50
25
NYANBngl8t7s.'05JAJ ill4H
Deb
Prefir
160
372
. . . .
Bid.
1907
6s
West End
113
80
USPHorseCollKPhli) 1
Utah Mining.. (Bost)4-85
Warwick I AS. (Phil) 10
Welsbach Comt " 100
166
10
Dlam State St 1 "
6)4
Domin Coalpf.(Bost)100 115 115)4
'
dlionBl 111...
100 307
310
BleoCoof Aml.(Phll) SO
"
"
Pref....
MISCELLANEOUS.
mer.Oementll(Phll) .,
(Bost) 26
Arcadian
25
Arnold Mining. "
4
"
2)6
4)1
74
,
Tidewater St... (Phil)
Torrington "A" (Bost)
"
Pref
Un Cop L A M'g "
Un Shoe Maoh.. "
•(•••
'
A.Uonet Mlnlug(Bo8t) 35
G
BONDS
Ask,
6
Susquel ASir..(Phil)
4)4
Tamtract Mln.(Bost) 35 191 192
78)4
16
60
53
160
69
10
Rhode IslMin.. (Bost) 25
Santa Ysabel
'
....100
Boston— Concluded.
New Bng Tele 68.'99 AAO
Rys Co General1I( Phil)
93
70
66
148
47
Bid.
26
25
Palmetto Co.... (Phil) 25
Parrott 811ACop(Bost) 10
Penn Blec Veh. (Phil) 60
"
60
Pref
60
Pennsyl Salt... "
PennsylSteen. "
"
ioo
Prefir
"
Phil Electric IT..
(juincy Mining. (Bost) 25
2896
8,46C
25
50
,
3)6
49,188 10896
396 111)4
84,974 11
1,378 26 1
6,334 43
140 730
1,900 30)1
585 32
3,616 40)6
4,763 9994
7,739 48
'
New England Telephone
27
75
300
1
406 325)4
25
. .
Old Col Mining.
Osceola Mining.
160
370
....
Jan- 24
Jan. 83
Jan. 19
Jan. 89
119)^ Jan. 10
13 1)4 Jan.
2
128 Jan. 2
34 Jan. 2
40 Feb. 7
110 Jan. 22
23% Jan. 11
1091 Jan. 18
91)4 Jan. 10
6096 Jan. 11
73X Jan. 11
303 Jan. 13
61)6 Jan. 16
96 Jan. 2
_.
8)4 Jan. 10
34 9-16Jan.l0
13 Jan. 10
9
4491 Jan.
8
7396 Jan.
Jan. 11
3796
1 596 Jan.
8
84 Jan.
9
93 Jan. 5
8,600
100
Boston )
"
Old Dominion Copper T
....
Pa. Mfg. Light & PowerT
( Phlla. )
"
153
United Gag Improvement IT..
150
....
163 154
(Boston)....
19)4 19)4 United States Oil
19yi 19)4
(Phlla.)....
41X 41)1 Welsbach Light T
Westlugh. Electric & Mfg. (Boston) ....
•43)4 44
44
44
•81
"
•61
Preferred
....
b 14 9-16 14 11-16 c 14 13-16 15)6
a 27 15-lfl •2891
NoAmG Dredg(B08t)
"
170
300
15
13)6
63
67
649
(Phila.).... 60
(Bait.) ....100
(Boston).... 100
"
....100
"
....100
Lamson Store Service
Lehigh Coal & Navigation.
MISCELL.—Concluded.
New Hav I ASH (PhU) 5
9.
2,187
Massachusetts Electric Cos. (Boston). ...100
Preferred
100
77)4
National Electric
( Phils. )19)6paid
NewEng. Cotton Tarn, pref.(Boston).,., 100
1*38*' is's'
STOCKS -BONDS
Bid. Ask.
Bos ft Maine pf.(Bost) IOC 165
100 898
Boston AProv. "
"
44)4
•ol
sale wa^ made.
RAILROADS.—Price* Feb.
Atl & Charlotte (Bait) 100 12WH
Central Mass...
Pref
Mich.
Ohio 4
154
19)4 30
154
5,491
1,836
. . .
164
6»
6,193
378
16,563
39,126
4.333
8,939
3,4»S
27
77«
21X
209i
1
6,671
(Boston)
"
....100
(Phila.).... 50
"
10 paid
. . .
21)4 Cambria Steel
38)1 Consolidated Gas
43)4 Dominion Coal
108 109% Krie Telephone
56)4 56J4 Federal Steel
68)4
101
•136
782
100
....
21)4
58V1
43)4
108%
45
50
100
50
"
.... 60
50
( Boston) ....
A.mer. Agricul. Chemical.
310
765
2191
58)1
4391
34
77
....
....
.
13)4
384)6
56)6
i22
l,2}b
3,971
5
(Phila.) 6 paid
5M American Railways
10991 11391 American Sugar Refining 1 (Boston) .... 100
•'
114
114
Preferredir
....100
13
1396 Asphalt Coof America
(Phlla.) 6 paid
978 280 Boston & Montana
(Boston).... 25
••
03
61
Butte&Boston
.... 25
113
58
48
West End Street
miacellaneous Stocks.
IM
339
113
108
,
Preferred
77)4
3
American Alkali
376
113)4
439i
Reading Company
33
•32
77)4
680
"
....100
(Boston)... .100
(Phlla.).... 60
"
.... 50
"
.... 50
"
.... 50
,
"
.... 50
(Boston).... 100
"
....100
(Phlla.).... 50
(Bait.) .... 50
9891
9296
9296
110%
68
44)4
10996
9!4
9,956
(Bait.)
(Phlla.) ....100
Preferred
21)4
•135
19%
9)6
696
21«
(Phlla.) ....
Highest.
80 238%
95
l*- 241
272 197
(Phlla.>.... 50
(Boston)
Sales in 1900.
Lowest.
1,748
....100
....100
....100
....100
....100
....100
"
.... 50
(Boston).... 100
Old Colony
Ist preferred
28)6 2896
2d preferred
1496 14)6 14 7-16
4W91 50)4 Dnlon Pacific
61)6
P»referred
76)4 76%
7796
39
39)1 Onion Traction
3996
1691 United Rv & Blec.
17
16M
339
13X
& Gulf..
3-t)4
5
283
65
755
"
8691 Pennsylvania
9896 Philadelphia Traction
•I
339
Choctaw Oklahoma
205
205
6«)6
9896
a%
5
Yds.
Preferred
124H Fltchburg, pref.....
2^iH Lehigh Valley
]2s« Mexican Central
99
Northern Central
63)4 Northern Pacific
•74^ 7491 Preferred
77M 78
346
281
68
755
42
9H)4
•sm
55X 67H
45
23
77
135
4%
A Qulnoy
& Un. Stock
"
"
Preferred
124)4
35)4
•12
•98
8396
IH
10996 112)4
113
112
13)6 1391
377
63
760
68
42
105
57
100)4
18
114
•44
44
22^
•100
135
345
6
114?«
31% 31%
58)4
•76
13X
274
347
127
34
40
*
2596
ia96
9894
3
iU
187
Chic. Bur).
Ohio. Juno.
•33
127
34
48
121
98
93
33
121)6 135
137
136
•95
97
54
5496
•74)4 76
305
204)i
6696 67
98
Boston* Lowell
198)4 Boston* Maine
199
ia7H
"
"
"
942
842
198)4
126V6
1296
99)4 Boston Blevated
99
9991
9 9-16
9H
15-16 88 6-Ki
1496
4996 5091
49%
769^ 7796
7e9i
3»»6
39)i 39)4
17
1691
169i
93
Railroad Stocks.
„
845MZ45M Boston & Albany
(Boston).... lOO
845
9^ 9H
2SU
29 3-16
77)4
l*H 14«
102
66
7596
205
6«H 67X
67)t
31)4
'7)4
I13)i 116
66
23
54
75)i
95
54
76)4
113X 115
51
44,
95
48)6
76J4
391*
5
745
22M 23
28M
99
97)4
9 7-16
28%
12H \2%
12
30
349
61
44
124)t
26)4
30
6
740
106
42H
76X
348
61
65H 65«
126)4
136
127
34
1V6
740
83
105
17
29t
273
"ii" "ii"
198
60
246
100
244
99
•848
198)4 198
185)4 lii^M 125
136 137>» •136)6
•125
180
137
•33
•83
31
40
4294 •40
126
124V4
124
26>^ 26
25^
100
•243
198
b
47% iSH
76
872
868
203
805
65« 65H
•314
101)4
Range of
of the
Week.
Shares
U Indicates unlisted.
Feb. 9.
Feb. 8.
Feb. 7.
845
63Ti
•76
Friday,
Wednesday Thursday,
Tuesday,
LXX.
["Vol.
ioi)i
112
100
112M
100
.
Newark Pass con 5s.l930
116)6
NYPhilANorl8t48 'SOJAJ
Income 4b. .1939 MAN
No Penn 1st 48..'36 MAN
GenM78
1903JAJ
Penn gen 8s r...l910 Var
Consol 68 0.
1905 Var
Consol 5s r
1919 Var
Pa A N Y Can 7b..'06 JAD
Cons 5s
1939 AAO
Cons 48
1939 AAO
Penn Steel lst5s.'17 MAN
People's Tr tr certs 48.'4S
103
80
116
111
Phlla Elec gold trust otfs
Trust ceitfs 4s
••••
103
101
68
.
186«1
. . .
117)4
107
93
110
loex
PhABr gen M 6g.'20 AAO 130M
Gen M Is g.. 1920 AAO 109
Ph A Read 2d Ss.'SS AAO
Consol M78..1911 JAE 139)4
Con M 68 g... 1911 JAE 120)4
HxtIrapM48g.'47 AAC
Con M of '82 4s.'37 JA,
Terminal 5s g.l941 Q-i
P Wll A Bait 48.1917 AAC
CoUat trust 48.1931 JAJ
105
71)6
7196
96%
t •
108)6
Pitts
9696
••
04
I0«
Read Co gen
Vlrg Mid 1st 68.1906 MAS 110
2d series 6s.. 1911 MAS 118
3d series 6b.. 1916 MAS 115
4th ser 3-4-58. 1921 MAS 106
5th series 5s. 1926 MAS 110)4
Va (State) 38 uew.'32JAJ 87
8691
Fund debt2-3s. 199 1 J AJ
VaA Tenn 2d 58. 1 900 JAJ
1900 J&.1 innu
88
CAStL 78.1900 FAA 101%
Is, 1997 JAJ
85% 86
Rochester Ry con 6s.l930
•
Soh RE8idel stSs g'85JAD
Scran Trao st tis '33MAN
• » •
110)4
1
Seat A S
F Ry A Nav
Ist 5f
Union Term'i l8t6B.FA.A
United N J 4b.. 1944 MAS
85%
116H
UnTraoPltt8gen5B'97J&.i
110
lAud
Interest.
110%
P»id
—
...
.
February
.
. ..
.
.
.
THE CHKONICLE.
10, 1900.J
275
Latest Gross Earnings.
Inxrjestmjctit
Roads.
Week or Mo
.
The following table shows the gross earnings of every
Steam railroad from which regular weekly or monthly returns can be obtained. The first two columns of figures Long Is. Byetem January
Los Ang. "Term. January
give the gross earnings for the latest week or month, and Loul8.Ev.&St.L 4th wkJan
the last two columns the earnings for the period from Janu- Lou. H. A St. L. January
Louis V. AN ashv 4th wkJan
Macon ABlrm. January
ary 1 to and including such latest week or month.
..
Current
Previous
Tear,
Tear.
Tear.
32,S4.'
247.442
7.8
U
51,548
53,978
810.945
.
The returns of the street railways aie brought together separately on a subfsequent page.
Manlstlque
tMexloan Cent.
January
JMex.Cuern
July
&P
1th
..
wkJan
Mexican Inter*] September
25,595
8,121
531,610
25,000
357,011
213,70
37,183
241,240
7,30!
40.69
41,89';
635.12!?
5,371
6,879
376,515
Roads.
Week or Mo Current Previous
Tear.
Tear.
Nov'mber.
Jtdlrondaok.
Al». Gt.Soath.. 4th wk Jan
AU. Midland... Nov'mber.
AU.N.O.<bTex. Pao. Juno.
B
Orl.&N. E 24wk Jan
Al».
<b
Vlokab.
2dwk Jan.
VlokB.Sh.&P. 2dwk Jan.
itUegbeny Val. December.
4th wkJan
AnnAJbor
4rk. Midland... Nov'mber.
Atob.T.&S.Fe.. December.
Atlanta & Char. October...
ttLKnox.&No. January ..
tlantaA W. P. Nov'mber.
A«.Vald'8ta&W. January ..
AoBtln&N'west Nov'mber.
Atl. <k Danville. July
Bait
Bal.
Ohio.... December.
O. BoQ'w. 4th wkjan
<fc
&
Bath&Ham'nde Nov'mber.
BrnnB'w'kAWeBt Nov'mber.
Buff, Booh. APltt 4th wkJan
Buffalo & SuBQ. December.
Bnr.O.Rap.&N. 4th wkJan
OanadlanPaolflc 4th wkJan
(]ent.of Georgia 4th wkJan
Central N. E... December.
Oentralof N. J.. Nov'mber.
Oentxal Paoliio. Nov'mber.
Oharlest'n&Bav Nov'mber.
Ohattan'ga Bo. 3dwk Jan.
OheB.&Ohlo.... 4th "wkJan
OhlcBnr. &Q.. December.
Chlo.&Kast.IU. 4th wkJan
Ohio. Gt. WoBt'r 4lh wkJan
Ohio. Ind.
&L.
4th
wbJan
15.399
63.599
86,589
13,689
53.521
61,067
34,000
27,000
15,000
15,000
12,000
11,001
265,457 227,140
47,476
42,454
16,408
18,140
4,103,656 3,886,773
255,395 156,957
32,10L27,411
66,862
56,125
17,893
6,535
18,331
13,970
49,985
42,627
2.815,467 2,511,468
174.824
186,475
4,978
6,099
56,728
51,992
96,118
122,382
71,577
62,780
118.065
115.720
654,000 558,000
201,112
159,484
68,496
62,511
1,396,723 1.221,991
1,610.289 1,436,043
47.228
44,347
1,741
1,081
368,662 317,450
3.772,933 3,627.202
117,929 105,179
171,077 150,164
108,644
78,787
1,055,532
923,441
3,291,889 3,272,914
139,188
93,466
I to Latest Date.
Current
Previous
Tear.
Tear.
185,832
181,806
786,027
192,779
158,636
776,091
64,000
52,000
30.000
27,000
23,000
23,000
3,183,045 2,669,447
126,4'<3
146,041
120,930
112,800
42,954,065 39,875.970
1,883,930 1,418,77 9
32,103
27,411
531.122
591.676
17,893
6.535
365,831
30,430,623
556,480
35,884
607,508
367,703
791,801
360,968
2,151,000
543,174
731,908
13,707,905
16,736,356
609,247
4,995
1,097.443
45,588,908
467,100
509,827
323,236
28,524,537
524.294
33.2 17
667,021
297,966
683.62i)
353,472
1,864,570
509,214
643,410
11,551,4 22
14,700,937
607,932
3,089
924,410
43,163,944
398,234
448,445
322,930
241,302
3,210,811 2,950,409
41,437,096 37,151,015
Ohlo.MU.&8t.P 4 th wkJan
Ohlo.&N'thw'n. December
Ohlo.Peo.&St.L
> January
139,188
93,466
8t.L.C.»&St.L
Ohlo.R'kI.<SiP. December. 1,864,388 1,790,645 22.619,822 21,445,647
Oblo.St.P.M.&0 December. 794,572 947,706 10,488,814 9,590,993
Ohlc.Ter.Tr.RR 4th
Ohio.
AW.Mloh
4
th
wkJan
wkDec
Ohoo.Ok.&GaIf. January
..
Oln.G.&PortB'tb August
01n.».O.&T.P 3dwk Jan.
Oln.Portfl.&Vlr.
January
0LCln.Oh.&8t.i. 4ih
..
wkJan
Feo.&EaBt'n January
OLLor. &Wheel 4th WkJan
Ool. Midland....
January
Oolora<lo&Bo.. 3dwk Jan
OoLBand'ydEH 3dwk Jan
October..
Crystal
Onmh'l'd Valley December
4th wkJan
4th WkDec
I>et.G.Rao.
Oenv.ARloGr
&W
Maoklnac December.
DolathS.B.&AtJ 4th wkJan
IglnJol.&East. January
lie.
December
Horeka Springs. Nov'mber.
I>et.&
BT»nB.AInd'pllt> 4th wkJan
vansv.&T. H. *th wkJan
Find. rt.W.&W. December.
lUntAP.Marq. 4th wkDec
Fla.Oent.<b Pen. 4th wkJan
»t.W'th&Den.C 3dwk Jan.
Ft. W. ARID Gr. 4th wkJan
eads. A Att. U. January
Georgia RR..... 4th wkJan
Ci4oriila<kAla.. 4th wkJan
Ceo. So. & Fla. December.
OllaVal. G.&N. December.
er.Tr'nkSyst'in 4th wkJaii
.
Ohlc&Gr.Tr.
Det.Gr.H.<hM.
WkDec
3dwk Jan.
4
th
29,452
25,614
93,181
100,591
53,855
50,425 2,251,717 1,964,657
*130,000 *123,958 *13O,C00
*123,958
7,473
38,975
5,912
44,757
71,106
90,914
262,134
212,225
28,435
21,485
28,435
21,485
456,434 347,277 1,302,028 1,041,832
145,0.=)5
208,873 145,055
208,873
54.341
38,266
164,415
126,115
212,372 135.500
135,500
112,372
104,265 102,029
274,325
247,201
19,239
12,728
56,699
36,894
221
1,173
101,133
90.864
957,986
901,256
272,200 226,200
717,300
799,800
39,297
41,531 1,607,471 1,508,953
62,761
522,180
37,689
717,183
58,998
152,056
48,982
167,147
178,626 137,766
137.766
178,626
3,186,216 2,738,452 36,800,409 32,806,010
6,246
61,839
52,742
5,073
8,035
27,409
8,683
25,195
38,089
101,934
32,126
111,114
8,425
117,459
89,666
7,345
93,167
94,272 3,320,611 3,063,209
66,856
206,362
64,839
214.530
33,871
104,180
89,983
31,889
9,014
42,669
12,379
29,686
863
703
863
703
56.569
30,920
104,301
30,797
567,506
122,108
20,605
42,229
28,164
81,311
146,789
108,226
1,053.133
396,391
1,819,988
3,863.755
54,939
131,544
525,969
138,22
/
19,554
103,-207
968,780
l,f06,065
3,650,303
50,944
SreatNorth'nBt P. M. & M. January
1,597,560 1,293,457 1,897,560 1,293,457
East of Minn. January
173,822 177,166
177,166
173,822
Montana Gent January
180,630
213,611
180,630
213,611
Tot. system January
1,984,993 1,651,253 1,984,993 1,651,253
a'lfB'mnt&K.C January
20,155
22.452
20,156
22,452
enlf AOhloago. September
5.728
4,544
Gull & Ship iBl. September
158,546
225.606
Hocking Valley. 4th wkJan
229,485
86.186
52,958
360,117
Hoos.Tan.&WU September
40,404
5.455
5,581
42,894
Boiu.AiTex.Ceii December. 378,327 450.187
Illinois Central. January .. 2,766,065 2,423,792 2,766.065 2,423,792
400,044
ed.Deo.&Weat September
62,748
52,345
441.057
0.111. A Iowa. December,
836.944
94,935
68,663 1,033,423
b.AGt.North'n. th wkJan 131,824 117.210
335,562
339,003
Unteroo. (Mex.) Wbjan.20
215,280
74,300
222,000
74,980
Iowa Central.. 4 th wkJan
162.304
56.811
48,397
174,138
iMnBaUway... January
4,057
6,794
4,057
6,794
KanaWa&Mlot 4th WkJan
48,600
13,944
19,536
63,089
K.O.P.8oott&M. 4th wkJan 155,242 111,550
338,825
425,854
K.O.Mem.ABlr itli wkjau
51.909
125.702
37.386
145,391
.
.
.
tMexlcanR'waj Wk Jan 20
Mexican So.... 3dwk Jan.
Midland Term'i. Nov'mber.
Mlnneap.A St.L 4th wkJan
78,60(
M.8t.P.A8.8t.M 4th wkJan
Jan
Latest Gross Earnings.
109,73.'
Mo. Kan.
385,555
897,000
271,379
166.151
53,0^8
87,900
13,554
39,529
55,198
75,389
335,908
750.000
37,00(
35.00<
934,000
785,000
(Mex. National
Mex. Northern.
A Tex
Mo.Pao.AIronA^
Central Br'oh
Total
MobUe A Ohio.
Mont.AMex.G'l
Nash.Ch.ASt,L.
NevadaCentral.
1th
wkJan
Nov'mber.
4 th
wKJan
4th wkJan
4th wkJai)
4th wkJaD
15,520
69,967
56,791
January .. e542.400 c377,922
December. 103,714 109,239
January .. 577,907 522,690
3.663
Nov'mber.
3.090
January
4,250,319 3.789,861
N.Y.C.&H.R.
N.Y.Ont.&W. 4th wkJan
N. Y.Busq.AW December,
Norfolk A West ith wkJan
Latest Date.
Previous
5,964
6,96 i
96.331
81,63^
46,63f
49.294
135.301
95,861
L.Erie AWesv ith wkJan
42,88t
44.97)Lehigh A Had.. January ..
Lehigh Val. RR December. 2,087.394 1,897,462
Leh. V. Coal Co December 1.826.067 1,782,591
20,157
Lex'gtonAEast December
16,99!
Long IslandRR January .. 242,80) 236.480
RAILROAD EARNINGS.
to
Tear.
AND
Kan. C.N. V»... .January
Kan. City A Om
th wk.TaD
K. C. Pitts. & G tthwkMa>
Kan.C.Snb.Belt Nov'mber
Jan. 1
Current
139,176
245,338
424,760
32.845
16,515
1,498.659
489.859
361,251
42,889
25.895
21,579
1,304,218
483.156
255,441
242,801
247,442
7,816
149,648
53,978
2,338.105
6,056
8.121
1,«27,849
253,671
3,413,647
249,810
236,480
241,240
7,309
117,219
41,597
609,973
680,624
241,300
42,720
570,358
196.905
336.250
1,012,020
2,297,032
91,518
2.388,550
e542,400
1,216,711
677,907
23,498
4,260,319
375,555
2,607,351
1,167,562
49,792
7.233,448
1,970,151
95,022
108,021
221,472
302,406
Northes'n(Ga.). September
5.861
6.530
North'nOentral December. 664,740
613,640
North'n Paolfio. 4th wkJan 687.640 655,242
Ohio River
4th wkJan
23,690
19,185
Om.Kan.O.AL. Nov'mber
39,398
32,515
Omaha & St. L. Nov'mber
41,209
39,015
Oreg.RR.&Nav. 4th wk Aup 165,460 151,773 4,248,963
Oreg. 8h. Line.. December.
690.124 655,509 8,024,635
Pao. Coast Co.. December
419.884
358,437 5,181,353
PaolfloMall
December,
350,790 34K,903 3,831.337
Pennsylvania^. December. 6,617.704 5,737,004 72,922,812
PeorlaDeo.&Ev 4th wkJan
20,-»08
28,100
83,492
Phlla. AErle... Nov'mber
593,379 492,703 4,902,755
Phlla.ABead... December. 2,365,428 2,006,794 24,749,877
Coal A Ir. Co December. 2,568,970 2,553,947 27,979,394
Tot. both Co's December. 4,934,398 4,560,741 52,729,271
PhlLWllm. AB, December. 927,203 828,703 10,638.449
Pitts. O.C.&St.L December. 1,674,407 1,529,495 18,064,275
Pltt8.Bes.AL.£ 4th wkJan
41,57^^
25,807
109,381
Pltts.LlBb.AWE January ..
4,716
3,437
4,716
Pitts. AWes'n.. 4th wkJan
49,950
41,355
141,325
Pitts. CI. AToi 4th wkJan
28,104
23,47^
83,322
Pitts. Pa. A F. 4th wkJan
7,387
8,450
22,471
Total system 4th wkJan
85,441
73.283
247.118
Rloh.Fr'SBb&p Nov'mber.
75,439
81,251
850,404
Rio Grande Jot. Nov'mber.
46.482
33,482
407.239
RloGrande So's 4th wkJan
14,224
13,588
40,254
RloGr'de West. 3dwk Jan.
80,000
54,700
224,000
Sag. TuBO. A H. December.
11.521
10,684
143,534
8t.Jos.&Gr.L.. 4th wkJan
35.140
33.618
92,375
8t.L.Chl.ASt.P. January ..
31,503
26.801
31,503
St.L.Ken'etA So December.
8.130
9,000
96,542
8t.L.ASanFran, 4th wkJan 238.711
188,013
650,156
St.L.Boathw68t, 4th wkJan
171,000 180,700
502.800
St.PaalADal.. January ..
107,643
114.407
107,643
San.Ant.&A.P December
184,762 172,485
SanFran.AN.P December.
69.832
67,000
946i241
S. FePres.APh. 3dwk Jan.
19.339
17,133
58,253
8av.Fla.&WeBt. Nov'mber.
370,059 301,438 3,603,764
8her.Shrev.ABo. 4th wkJan
19,772
18,328
39.941
SU.Sprs.O. AG. Nov'mber.
19,269
21.431
284,644
So. Haven A E.
January
2.8O0
1.902
2,800
So. Miss. & Ark. December.
12,274
8.382
So. Kaciflc Co.6. December. 5,186,868 4,800,543 60.765,283
Cent Paoitlo.. Nov'mber. 1,610,289 1,436,043 16,736,356
Gal.Har.& S..di Nov'mber. 597,798 547,857 5,508,413
Louls'a. West Nov'mber.
132 441
109,611 1,270,892
Morgan'sLAT, Nov'mber. 787,691 637,449 6,327,932
N.Y.T.AMex Nov'mber.
29,794
29,451
267.034
Tex. AN. on. Nov'mber.
154,136 154,924 1,693,282
So. Pao. of Cal. Nov'mber. 1,479,421 1,237,713 14.893,030
Bo.Pao.ofArlz Nov'mber.
340,458 279,653 3,200,844
So.Pac.ofN.M. Nov'mber.
178,110 146,681 1.790.894
Southern Ry
4 th wkJan
903,805 748,876 2,593.810
StonyCLAC.Mt Nov'mber
1,394
1,448
39.956
Texas Central.. 4th wkJan
6,063
8,188
33,740
TexaeA Pacific 4th wk Jan 293,806 278,868
764,569
Tex.8.V.AN.W. December.
12,000
6,779
Toi.&OhloOent. 4th wkJan
61,289
38,988
195,831
Tol.P. AWest.. 4th wkJan
30,340
27,095
86.416
Tol.St.L.AK.C. 4th wkJan
46,268
46,226
143,998
Union Pao. RR.. December, 1,844,974 1,792,967 21,722,633
Wabash
ith wkJan
439,831
389,309 1,314.582
W.JerseyASea'e December.
198,274
171,174 3,114,158
W.V.Cen.&Pltts Nov'mber
113,142
96,146 1,185,203
W^estern of Aia. Nov'mber.
66,113
65,637
630,766
We8t.N.Y.APa. 4th wkJan
92,300
79,300
2(52.500
Wheel. A L. Erie 4th WkJan
60,117
37.982
166,288
Clev. C. A So. 4th wkJan
21,257
16,229
€0.793
4 th wkJau
Total
81,374
54.211
227,081
WjsoonsinOent 1 st wk Feb
79.724
70,007
461.620
Wrlgbtsv.ATen. December.
16,156
«,573
152,479
YazooA Miss Val January
495.389 449,064
495,38!^
York Southern. Nov'mber.
7,166
6,230
77,220
.
274,4 29
44,978
1,928,687
5,371
6,879
1,223,790
2,4*8'6l854
550,390
546,574
258,800
38,184
395,117
172,780
240,590
1,007,528
2,097,497
90,574
2,188,371
e 377,922
1,386,053
522,690
39,462
3,789,861
322,374
2,328,391
946,142
48,012
6,664,048
1,632,378
74,341
4,362,852
7,028.694
5.263.317
4,444,932
65,603,612
65,800
4.198,096
22,095,159
21,848,047
43,943,206
9,767,649
16,234,979
81,671
3,437
124,065
70,434
25,349
219,848
790,877
354,272
38,463
147,600
138,998
104,214
26,801
77,166
567,315
502,554
114,407
876,825
45,125
3,789,137
36,507
253.696
1,902
54,379,175
14,700,937
4,921,992
1,112,446
5,740,904
306.711
1,546,131
13.290,802
2,840,402
1,441,340
2,256.909
36,672
33,444
718,119
131,181
80,866
148,794
19,606,607
1,138,490
2,682,058
1,059,283
589.282
256.436
113,496
52,745
166,241
428,269
92,751
449,064
67,523
6 Does not Include the the Austin A Northwestern, the San Antonio
Aransas Pass or Houston A Texas Central system, e Results on
Montgomery Division are included in 1900, but not for 1899. *Flgure8
are for the railroad oniy.
A
t Includes Chesapeake & Ohio So'western. Ohio Valley and Chicago
and Texas for both years. Results on Yazoo Branch excluded in
1899 but Included In 1898 untU July 1.
t Mexican currency.
§ Cov-
ers results of liaes directly operated east of Pittsburg.
—
1
..
..
.
.
.
.
Latest Gross Earnings by Weeks.—The latest weekly earnings in the foregoing are separately summed up as follows:
For the fourth week of January our preliminary statement covers 65 roads and shows 20*62 per cent increase in the
aggregate over the same week last year.
4th week of Jan.
1900.
1899.
Increase.
Decrease.
S
Alabama Gt. Southern.
Arbor
.
..............
Bait. & Ohio Southwest..
Bnflalo Rooh. & P Ittsb'i?.
Bxirl.
Oed. Rat).
& North.
Oanadian Paolflo
Central of Georgia
OhesaDeakeA Ohio
Ohofts'o & East. Illinois.
Ohio. Great Western
Ohlo.Indlan'lis & Loulsv.
Chicago Milw. <fe 8t. Paul
Ohio. Term. Transfer
Clev. Cln. Chic. & St. L..
Clev. Lorain & Wheel'g..
Denver & Rio Grande...
Dnlnth 8o. Shore & Atl
Evansv. & Indianapolis..
Evansv. & Terre Haute.
.
Fla. Cent.
Ft. Worth
&Penln
& Rio Grande.
Georgia
& Alabama
>
Grand Trunk
Det. Gr.Hav. & Milw. 5
Hooking Valley
Intem'l & Gt. North'n
...,.
Iowa Central.
Kanawha & Michliiran...
Georcria
.
.
K»n. City Ft. S. <feMem..
Kan. C. Mem. <fe Blrm
Kansas City & Omaha
Lake Erie Si Western
LonlBV. Evansv. & St. L.
—
. .
&
Nashville
Mexican Central
Mexican National
Minneapolis & St. Lonls.
Loulsv.
Mlnn.St.P. &8. Ste.M..
Mo. Kansas & Texas
Mo. Paclttc, Iron Mt
Central Branch..
K. Y. Ontario & Western
& Western
ITorfolk
>
.
THE CHRONCCLE
276
^fiTi
.
.
Northern Pacific .........
Ohio River
Peoria Deo. & Evansv.
.
Plttsb. Bess.
&
L. Erie...
& Western
Bio Grande Southern
Bt. Joseph & 6d. Island.
St. Louis & San Fran ...
St. Louis Southwestern..
Pittsburg
Sherman Shreve.
& So...
Southern Railway
Texas Central
.........
& Pacific
Toledo & Ohio Central...
Taledo Peoria & West'n
Tol. St. L. & Kan. City...
Texas
.
Wabash
West. N. Y. & Pennsylv
Wheelinc & Lake Erie...
Clevel'd Canton
& So..
Wisconsin Central
.
.
567,506
86,18^^
131.824
56,811
19.536
155,242
51.909
5.964
135,301
51.548
810,915
531,610
213.702
56,790
109,735
385.555
897.000
37,000
139,178
424,760
687.640
23,690
28,l(tO
41.579
85,441
14,221
35.140
238,711
171.000
19.772
903,805
6,063
293.806
61.289
30.340
46,268
439,831
92,300
60,117
21,257
132.407
».
10,078
5,021
11,651
26.264
2.345
96.000
41,«28
51,212
12.750
20,913
29,857
132.091
3,838
109,15 7
16,07S
46,000
10,016
53.521
42.454
174,824
96.118
115,720
558,000
159,484
317,450
105,179
150.164
78,787
923.441
25.614
347,277
38.268
226,200
48.982
8.683
32.126
64,839
12.379
42,229
28,164
..M
....
—
'
....
—
998
..^...
34,346
49,647
147,000
2,000
31,157
122.354
132,398
4,505
7,692
15.772
12,158
*863,947
Coast Co. a.. Deo.
419,884
Jan. 1 to Dec. 31.... 5,181,353
Pacific
Jos.&Qd. Isl.a..Dec.
106.5~5
Jan. 1 to Deo. 31.... 1,369,529
July 1 to Dec. 31....
761,302
8t.Loui8 Southwest.. Dec.
617.045
Jan. 1 to Dec. 31.... 5,845,651
July 1 to Deo. 31.... 3,222,925
July 1 to Deo. 31....
Tol St. L. & K. C.a. Dec
Jan. 1 to Dec. 3*1....
July 1 to Dec. 31....
Yazoo & Miss. Val.a- Dec.
Jan.l to Dec. 31....
July 1 to Deo. 31....
184,762
1,291,055
163,903
1,980,902
1,070,336
612,701
5,139,713
2,987,450
74.427
358,437
66,755
5,263,317 1,412,651 1.174.696
348,903
1146.822
t 98,888
2,944,826
1861,42111,126,881
102,396
31,385
23,676
320,773
1.225,688
313.495
206.941
160,241
652,832
632.023
244,691
260,623
5,646.170 1,713.296 1,277,362
993,222
3,239.609 1,058,268
46.453
172,483
37,061
1,242.950
460,647
475,106
187,202
25,«94
52,992
2,120,660
400,709
322,564
179,102
1,152,172
193,680
540.579
328,067
248,854
4,821,307 1,871,172 1,421,008
2,424,088 1,314,727
700,891
a Net earnings here given are after deducting taxes.
b Net earnings here given are before deducting taxes.
Figures for 1899 include results on Montgomery Division, while
those for 1898 do not.
t After deducting "reserve fund for repairs of steamers," balance In
Deo., 1899, was $117,707, against $69,773, and from May 1 to Deo. 31,
$628,501, against $893,961. The reserve fund for depreciation and
general and extraordinary repairs of steamers has been increased to
the standard of the English companies, i. e„ five per cent upon the
Interest Charges and Surplus.— The following roads, in
addition to their gross and net earnings given in the foregoing, also report charges for interest, &c., with the surplus
above or deficit below those charges.
Int., rentals, etc.
....
l,44i4
•
--••--;
2,125
15,238
22.301
3,245
—
>
^—Bal. of N^etEam's.^
1898
1899.
.
9,700
Swa
1^99.
1898.
Hoads,
Boston
& Maine—
329,227
1,358.791
327,429
2,946,866
*615,363
260,482
3,570,347
269,606
3,087,398
385,322
376.114
330,742
273,866
701,678
8,750
52,500
572,175
5,833
35.000
369,288
22,635
154,441
291,772
17,843
125,241
Oct. 1 to Dec. 31.... 1,409,445
Ohio. R. Isl. & Pao. .Dec.
322,500
Apr. 1 to Dec. 31
2,902^500
Fitchburg-
42
Oct. i to Deo. 31....
Mobile & Ohio July 1 to Dec. 31
50,522
13.000
22,135
5,028
28,045
2,169,730
2,152,894
27,574
292,601
142.697
5,048
44,418
value of the steamers.
636
38,988
27,095
46,226
389,309
79.300
37,982
16,229
104,362
def.259
84.935
50,008
547,431
4,427,531
*
1,592
154,929
1898.
& Conn.—
SanAnt.&Aran.P.b.Dec.
8,414
5.592
1,522
50,698
Lexlng'n & East.b...Dec.
4.701
20,157
Jan. 1 to Dec. 31
255,441
90,022
July 1 to Deo. 31....
54,642
141,758
Mexican Central
639,766
Dec. 1,546,336 1,379,722
Jan. 1 to Dec. 31.... 15,602.065 13,588,966 5,199,095
Mexican Northern.. Nov.
14.117
53.038
37,183
291,108
Jan. 1 to Nov. 30....
546,574
680,624
July 1 to Nov. 30....
105,637
257.342
269,017
Mexican Telephone.. Dec.
5,971
14,037
11,743
Mar. 1 to Dec. 31....
53,206
115,109
130,361
Mobile & Ohio a—
July 1 to Deo. 31....*3,097,691 '2,254,876 *1,070,966
St.
14614
39.440
10,853
175,823
155,095
47,551
1899.
$
16,999
249,810
144.007
Pacific Mail
Dec.
350,790
May 1 to Dec. 31.... 2,575,388
14,330
2,756
41,537
8,188
278,568
o.U
....
3,365
43,692
14,523
$
20,533
Oct. 1 to Dec. 31....
48,232
38,028
11,121
Jan. 1 to Deo. 31....
129.393
43,144
157,052
34,737
N.Y. Sus. &We8t.a..Dec.
127,670
245.338
221,472
121,693
Jan. 1 to Deo. 31.... 2.607,351 2,328.391 1,133,327 1,085,117
July 1 to Deo. 31.... 1,418,138 1,257,440
685,192
634,897
5,963
2,017
33,228
Boads.
LXX.
— Net Earnings. —
—
Oross Earnings.
1898.
1899.
Newb. Dutchess
648
525.969
52,958
117,210
48.397
13,944
111,550
37,386
6.962
95.861
40,695
635,122
376,515
166,151
55,198
75,389
335.908
750,000
35,000
108,021
302,406
555.242
19,185
20.408
25,807
73,283
13.588
33.618
188.013
180,700
18.328
748,876
12,596,732 10,443,838
Total (65 roads)
Net increase (20-62
63.599
47.475
186.475
122,382
118.065
654,000
201.112
368.662
117.929
171.077
108,644
1,055 532
29.452
456.43
54,341
272,200
58.99'
8,035
38.089
66,856
9.014
56,559
30,920
[Vol.
&
Gr. Isl'd ..Dec.
July 1 to Dec. 31
St. Jos.
16,836
*
After allowing for other income received.
STREET RAILWAYS AND TRACTION COMPANIES.
—
Net Earnings Montlily to Latest Dates. The table following shows the gross and net earnings of Steam railroads
reported this week. A full detailed statement, including all
roads from which monthly returns can be obtained, is given
once a month in these columns, and the latest statement of
this kind will be found in the Chronicle of January 37,
1900. The next will appear in theissue of February 24, 1900.
-Oross Earnings.1898.
1699.
Roads.
Atl.
$
Knox. & No
Dae.
Jan. 1 to Dec. 31
Boston
35,054
400,070
$
28,762
325,347
—Net Earnings.1«99.
1898
$
$
9,083
96,168
The following table shows the gross earnings for the latest
period of all street railways from which we are able to obtain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads that is, the
first two columns of figures give the gross earnings for the
—
latest
latest
6,102
69.645
1,842,806 1,520,577
6,816,432 5,969.286
43,634
20,433
369,519
227,628
236,311
124,827
94,842
151,061
1,304,760 1,464,640
110,853
77,441
1,425,218
999,512
867,685
588,639
582,982
597,035
8,140,854 7,883,172
6,472,847 6,034,264
13.774
11,916
242,230
173.537
101,245
49,624
717,397
615,849
9,389,204 8,178,281
5.797,547 4,9iJl,122
Bafialo& Susqueh.a.Dec.
62.780
71,577
Jan. 1 to Dec. 31
683,629
791,801
July 1 to Dec. 31
414,826
439,308
Burl. Ced. R.& No.a.Dec.
387,569
437,303
Jan. 1 to Deo. 31.... 4,926,932 4,579,460
Ohio. Ind. & Loul8.a.Dec.
336,501
274,147
Jan. 1 to Dec. 31
3.868,980 3,323,n07
July 1 to Dec. 31.... 2,151,156 1,783,298
Ohio. R. I. <te Pac.a. Dec. 1,864,388 1.790,645
Jan. 1 to DiO. 31. ...22,619,823 21,445,647
Apr. 1 to Deo. 31. ...17,914, 587 16,673,147
Detroit & Mack'o. a. Dec.
52,761
37,639
Jan. 1 to Dec. 31....
717,183
522,190
July 1 to Dec. 31..
356,620
240,667
Brie. a
Deo. 3,136,215 2,738.452
Jan. 1 to Dec. 31... 36,800,409 32,806,010
July 1 to Dec. 31... 20,353,816 17,306,112
Fltohbure 1)
Oct. 1 to Deo. 31.... 2,158,837 2,032,814
716,064
649,980
Jan. 1 to Dec. 31
7,932,865 7,346.976 2,336,429 2,238,395
OUaVal. Globe & No Dec.
30,797
18,847
Jan. 1 to Deo. 31
396.391
262,462
nilnols Central. a... Deo. 2,810.570 2,560.585 1,081,271
882,593
Jan, 1 to Dec. 31
.30,095,899 27,630,274 9,631,083 8,485,582
July 1 to Deo. 31. .16,380,964 14,399,755 5,522,178 4,423,523
.
or
Latest Oross Earnings.
Gross
Earnings.
& Maine b—
Oct. 1 to Deo. 31
5,583,847 4,938,861
Jan. 1 to Dec. 31. ...21,272, 665 19,452,836
month, and the last two columns the earnings
from January 1 to and including such
or month.
week
STREET RAILWAYS AND TRACTION COMPANIES.
week
for the calendar year
Amsterdam
Atlanta Ry.
Augusta
Week or Mo
$
St.
Ry... Vov'mber.
& Power.
&
4,755
40.204
December.
$
4.440
Jan.l toL atest Date.
Current
Previous
Tear.
Tear.
$
=^3,848
$
49,303
491.563
(Ga.) Ry.
Elec
Bingham ton
Ry..
Bridgeport Traction
Br'klynBap.Tr. Co.t.
Chicago & Mil. Eleo..
Chicago Union Tract.
Cln.
Oin.
Uur'nt Prev'us
Year.
Tear.
St,
& Miami Val....
Newp. & Cov.
. .
City Elec. (Rome.Ga.)
Cleveland Electrlo..
Cleve. Painsv. &E...
Col. Sp'gs Rap.Trans.
Columbus St. Ry.(0.)
Columbus (O.) Ry....
Dart&W'portSt.Ky.
Denver City Tram..
.
Nov'mber.
December.
December.
Nov'mber.
December.
January
December.
December.
December.
December.
Nov'mber.
14,203 16,360
15 077 14,838 166 487 161,706
31,477 28,129 365,153 352,816
912,149 820,257 9,678,680 8,995,546
7,151
2,799
587,021 531.658
587,021 531,658
13,156
9.112
152,588
120,285
61,021 54 144 713.386 681,673
28.b97
3346 1.899
23,508
163,147 153,902 (1493 264 1,723.759
112,732
98,337
9,193
8.267
Nov'mber.' 10,681
7,448
September 74,980 61,778 575.696 508,365
December. 79.874
December. 18,701 17,769
December. 109,797 100,000
4th wkJau 37,909 31,258
117,799
98.055
4tli wkJau
15,133 11.20J
35,067
46,879
Detroit Clti'ns'St. Ry.
Detroit Eleo. Ry
Detroit Ft. Wayne &
4th
Belle Isle
4th
Total of all
.
1
wkJan
5,756,
wkJan 58,798
December.
Duluth St. Ry
Easton Consol. Elec. December.
Erie Electric Motor.. Deoeinlier.
21,.S(i9
4,706
4-,187
16.860
24,3671
14.3841 12.418
18,232
18 ,9i0
235,266
14,972
14^,094
209,088
February
—
.
.
.
.
..
..
.
THE CHRONICLE.
10. 1900.
Jan.
Latest Oross Jiarnings,
Gross
exbninos.
Week or ^0
1 to Latest Dair.
Current Previous
Our'nt Prev'ua
Tear,
Tear.
Tear.
Tear.
25,836
286,686
278,846
3,448
46,212
217.989
40,682
202.622
$
Harrisburjf Traction. Nov'mber.
24,723
Herkimer Mohawk II
4,773
lon&F'kfortEl.Ry. December.
Eleo. St. Ry. December. 23,177
Internat'i Traction—
Nov'mber. 113,047
Buflfalo Ry
Crosstown St. iRy.
Nov'mber. 43.664
of Buffalo
6,951
Buffalo Traction... Nov'mber.
3,644
Buff. Bl've & Lan'r. Nov'mber.
Buff. ANlag. Falls. Nov'mber. 10,437
7,928
Buff. & LocKport .. Nov'mber.
Houston
Niag. rails
&
5.637
267
.
Niag. Falls Park
Nia. Falls
&
Nov'mber.
Bridge
Lewl8t'nOonn.Bdg. Nov'mber.
Johnstown Pass. Ry.
Kingston City Ry....
Lebanon Val.
St.
By..
Lehigh Traction
Lima Railway (Ohio)
Lorain St. Railway..
Lorain & Cleve
Loj Angeles Railway
Los Angeles Tract..
.
Macon
Consol.St.Ry.
;
Miles operated
Gross earnings
Operat'g expenses, taxes
1,946
115
December. 14,183 12,146
Nov'mber. 13,070
9,892
4,812
4,863
December.
4,445
3,412
January ..
9,569
December.
8,869
4,269
3.882
December.
9,196
6,248
October
6,348
5.910
December.
Nov'mber. 65,673 63,753
December. 16,041 12,322
5,588
6,433
Nov'mber.
December. 347,330 302.164
January .. 137,806 112 124
.
("Approximate Statement for G months ending Dec. 31, 1899.J
The following is an official statement, partially estimated,
for the half-year ending Dec. 31, 1899, in comparison with
th same period of the previous year. In 1899 the earnings
and operating expenses cover the entire system the "fixed
charges" also include six months' interest (|100,000) on the
Montgomery Division bonds. The results for 1898 do not include any revenue derived from the partial operation of the
Montgomery Division or any expenses incurred in said
&
Interstate Cousol. ol
North Attleboro
& Ohio Railroad Company.
757
Nov'mber.
& Susp'n
Mobile
operation, or any interest upon the Montgomery Division
bonds for the six months ending Dec. 31, 1898, these items
being carried in construction account, which account was
closed June 30, 1899, at which date, also, the Montgomery
Division was merged into the Mobile Division and became a
Ohio system.
part of the Mobile
8u8-
pens'n B'dKe By. Nov'mber.
Niag. Falls WhirlNov'mber.
pool & North'n.
River
21,155
277
158,852
.
Mass. Eleo. Co.'s
Metro. (Elev. ) Chicago
Metrop.St.Ry.(N.Y.) .January . 1162352 1044&4U
Montreal Street Ry.. December. 137.681 127,768
December.
6,689
5,284
Muscatine St. Ry
5,878
December.
6,449
Newburg St. Ry
New Castle Traction. December. 9,377 7,355
New London St. Ry Nov'mber. 3,308 3,liS9
December. 115 399 112,433
New Orleans City
North Chicago St. Ry. January . 246,778 224,518
Northern Ohio Tract. December. 32,959 30,242
Norwalk Tramway . December.
3,960
3,657
1,268
Ogdensburg St. Ry.. December.
1,409
Richmond Traction. December. 15,273 12,675
Schuylkill Val. Trao December.
4.857
5,559
December. 40,775 37.303
Soranton Railway
107,731 93,579
8. Side Elev. (Chic.).. January .
December. 13,035 12,598
Btaten Island Eleo
Syracuse Rap.Tr. Ry December. 53,266 44,295
Toledo Traction
October... 89,421 80,774
Toronto Ry
January .. 113,703 95,690
Twin City Rap. Tran Nov'mber. 210,977 177,622
Union (N. Bedford).. January .. 18,982 15,437
United P. & Transp.. December. Inc. 22, 678
—
.
139,701
66[554
4,445
106.515
48.052
81,338
92,629
68,616
3,412
97.023
42,200
51,791
73.037
163,192
lii',9D3
137,806 112,124
1,162,352 1,<'44,549
1,676274 1,506,217
61,9 »4
67,289
89,029
85,594
52' 688
52,7b6
1,352.829 1,310042
246,778 224,518
22,134
.
63.597
189-6
$2,254,876
1,390,929
$842,815
635,796
$l,070,9fi6
Fixed charges, rentals and interest.
$863,947 $207,019
129,503
572,175
701,678
$291,772
89,165
$203,774
"Other deductions" in 1899 consist of
:
$77,516
76,349
$202,607
$369,283
165,514
Other deductions.
Increase.
1898.
6876
$1,167
Part payment on
account of ballast ($98,255), new yards, new levees, new connection with the I. C. bridge at Cairo (|27,367) and new
equipment ($39,892).—V. 69, p. 849, 855.
Milwaukee Electric Railway & Light
Co.
fReport for year ending Dee. 31, 1899. J
Following is an official statement for the calendar year 1899:
1896
18Q7
1899
1898
Receipts from railway.. .$1,211,093 $l,374,li8 $1,520,752 $1,668,963
"
" electric light
288,008
263,710
327,643
261,658
10,533
MisceUaneous
3,132
19,762
70,170
416,607
107.731
203 941
509,358
-
&
1899.
876*12
$3,097,691
insur'ce. 2,026,725
383,72'*
93,579
201,720
458,643
113,703
95,690
2,286.166 1,960,92^
18,982
15,437
United Traction-
December. 61,232 56,416 704,786 641,000
United Tract. (Plits^) December. 151,608 132,631 1,688,730 1,548,446
United Tract. (Pro v.) August
198,160 177,064 1,316,534 1,163.400
Unit. Trac. (Reading) January .. 15,895 12,877
15,895
12,877
West Chicago St. Ry. January
340,243 307,140 345.243 307,140
figures Include results on Brooklyn Heights, Brooklyn Ele1 These
vated and Nassau RR. for all periods, but the Kings County Elevated
Is included only for October and November.
X Strike during June. July, August and September, 1899.
Albany Rwy.
.
Street Railway Net Earnings.— The following table gives
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street
railways, we adopt the same plan as that for the steam
roads that is, we print each week all the returns received
thatwffA. but once a month (on the third or the fourth
Saturday), we bring together all the roads furnishing returns, and the latest statement of this kind will be found
in the Chronicle of January 27, 1900. The next will appear in the issue of February 24, 1900.
—
Gross receipts
$1,472,751 $1,662,126 $1,787,594 $2,007,139
Operating, etc., expenses
Conducting transportation railway system
$527,174
92,300
Maintenance of way and structures railway system
"
"
•'
" rolling stock
73,943
—
"
General expenses
Legal expenses
"
Injuries and damages
"
"
Rentals paid
Operating expenses of electric- light plant
"
"
75,379
25,034
50,069
2.462
180,042
*'
"
Total operating expenses [for railway $846,361]
Balance, net earnings
Oharges
$1,026,403
$980,736
—
$401,184
120,000
204,000
82,498
Interest
Sinking fund
Set aside for depreciation reserve
Taxes
Total charges
Balance available
,
Dividend II3 per cent on pref. stock, payable Feb.lO, 1900.
$807,682
173,054
52,500
Surplus for year
Total amounts charged to construction
$120,554
$701,981
Other facts are as follows
stock outstanding (common $3,500,000, pref. $3, 500,000).. $7,000,000
Amount of bonded indebtedness
8,000,000
Amount of "all other indebtedness"
932.074
Length of track in operation
14029 miles.
Ot which 13-39 single and 63-45 double track.
:
The Milwaukee Light Heat
& Traction Co.
reports
1899.
Total receipts of railway system
"
'•
from electric lighting
$170 545
20,305
Other income
266
Total gross receipts
Gross Earnings.
1899.
1898.
Roaas.
$
,
1899.
$
Net earnings
607,426
162,357
595,017
51,813
180,311
54.645
186,387
New Castle Tract.. ..Deo.
Rochester Ry. b-
9,377
7,355
2,686
1.940
Oot. 1 to Dec. 31....
Jan. 1 to Dec. 31....
222,661
214,564
817,074
88,201
350,585
91,346
328,904
Jan. 1 to Dec. 31
865,822
Interest paid on bonds
Dividend paid Dec. 31, 1899, to
—The following
is
an index
&
^
;
p. 39.
United Power
to all
annual
KAILROADS & MiSCELL. COMPANIES. RAILBOADS & MISCELL. CO.'S— (Cotl )
VolxMne 70—
Pagt.
Volume 70—
Page.
Amer. Dist. Teles. Co. of N. Y
174
228 Swift & (Jo
Amer. Steel & Wire Co. of N. J.
228 U.S. Pneumatic Horse Collar
. . .
Amer. Thread... oijpHcation to
Cambria Steel
Central Union Telephone
Choctaw Oklahoma & Gulf
Cleveland Lorain & Wheeling
list.
Electiic storage Battery
General Chpmical
New York Chicago &
17y
175
175
171
227
17.t
(lOmonths). 828
St. Louis....
Penn.Purnace.6'iLs?ieef J'cm. 1.1900.
PiUsbury-Washbum Flour Mills
Co. Lim
Republic Iron & Steel. o^cioJ $tate.
227
229
229
228
balanceshut
&
4,628
4,364
The Milwaukee Light Heat
Traction Co. further reports
that it operates 73 miles of single track [47-84: single and
12-67 double track]; that its capital stock is $500,000
its
bonded debt, $1,500,000; all other indebtedness, $244,085.—
ANNUAL REPORTS.
reports of steam railroads, street railways and miscellaneous
companies which have been published since the last editiona
of the Investors' and Street Railway Supplements.
This index does not include reports in to-day's Chronicle.
Milwaukee Electric Ry.
$58,992
$50,000
Light Co
Taxes, etc
V. 70,
Annual Reports.
$191,116
131,124
Operating expenses (Ry. $120,261, lighting $11,863)
IPfiS
$
$
Cent'l Crosstown (N. Y.)bOot. 1 to Dec. 31
162.886
—-
Net Earnings.
.
:
&
Transportation Company.
C Report for period April 20, 1899, to Dee. 31, 1899 J
The following statement was presented at the annual
meeting on Feb. 6 by President John A. Rigg
Income from securities held
$425,400
:
Deduct—
Expense account
$32,454
5,080
Interest
Fixed charges (semi-annual payments on gold
trust certificates)
17,726
Total
217,270
229
Uec.Jol. 18H9
STKEET RAILWAYS.
Net Income
Dividend of Jan. 20, 1900, viz 50 cents per share (equal to
5 per cent on amount paid in)
$208,131
:
Volume 70—
Boston Elevated
RR
Pagu
ChicasJoCity By
Lake Street Elevated RR
Metrop.West SldeEl.Ry.(rhicago)
South Side Elevat. RR. (Chicago)..
Third Avenue RR. (New York)..
balance sheet Sept. 30, 1899
62,500
228
14
174
228
238
174
Surplus over fixed charges and dividend
$145,631
Note.— The expenses include $20,739 incident to incorporation.
The outstanding capital stock
which $10 has been paid in.— V.
is
$3,125,000 in $25 shares
70, p. 77.
on
.
THE CHRONICLE.
278
The total output of the company's mines during the year
was 1,536,468 tons, an increase of 101,050 tons over that of
the preceding year, and the largest in the history of the company. The coal tonnage handled by the company's railroad
(Cumberland & Penn. RR.) during the year amounted to
& Union
Stock Yards Co.
CStatement for the year ending Dec. 31, 1899, J
Extracts from the report will be furnished [another week.
The earnings, etc., have been:
Chicago Junction Railways
INCOME ACCOUNT.
1897.
1898.
1899.
—
$
28,382
Balance from previous year
Dividend from U. 8. Y. & T. Co.. 1,763,839
$
4,646
1,742,761
1,732,783
66,76=^
646.050
910,000
90,000
64,756
649,625
910,000
90,000
56.378
633,025
910,000
90,000
1.712,818
84,049
Total
26,987
1,697.839
7,957
1,796,867
Interest
43,379
1,697,839
1,544
1,724,380
28,381
General expenses, etc
Dividend
Depreciation
Total
Surplus
& Ohio RR.
Gross earnings
Operating expenses
$3,977,139
1,934,395
$3,731,542 Inc.$245,597
1,708,155 Inc. 226,240
Net earnings
$2,042,743
$2,023 386 Inc. $19,357
70, p. 175, 75.
American Straw Board Company.
{Report for the year ending Dec, 31, 1899.)
President Newcomb in his report to the stockholders said:
We have already sold for delivery in 1900 more board than we manufactured three years ago, and the profit on it will provide for
our interest and fixed charges for the entire year. We have the capacity to produce, and expect to sell, three times this amount during
the year. Our business has now reached sufficient magnitude so that
its|ruture development need not be made at the expense of dividends. From now on we ought to be able from our current profits to
continue to extend our business, reduce our indebtedness, and pay a
reasonable dividend.
In the neighborhood of $100,000, it is said, was expended
during the year for imDrovements. The mills in operation
are now credited with a daily capacity of 400 tons. The
bonds become subject to call on February 1, 1901, and
the plan is to refund them, thus getting rid of the burdensome sinking fund and effecting a saving that it is estimated
will amount to at least 1 per cent on the stock.
Earnings.— Tlh.Q earnings for three years have been
2,641,659 tons.
Results for four years were:
1899.
,$242,544
4*04
117,499
Net profits
On
stock, per cent
Total receipts
2,362.672
Oper. expenses & taxes. .1,696,676
Charged
off
Balance Sheet
—The balance sheet on Jan.
$89,703
1*49
1-9
55,778
1
was
Total
—
:
Capital stock
Accounts payable
BUls payable
Bonds
Interest accrued
Surplus
Total
—V.
$7,445,068
$7,516,304
$6,000,000 $6,000,000 $6,000,000
154,215
81,029
112,579
300,000
265,000
398,234
679,573
735,995
829,389
17,500
18,925
20,750
217,434
217,350
342,388
$6,000,000
91,600
285.000
8^9,499
22,500
227.705
$7,591,912
.$7,591,912
$7,353,383
$7,353,383
$7,445,068
$7,516,304
70, p. 127.
General Chemical Company.
(Balance Sheet of Dee. 31, 1899. J
The statement of profits, etc., for the ten months ending
Dec. 31, 1899, was in last week's Chronicle, page 238. The
circular from which this statement was taken says
Notwithstanding the very substantial increase in the price of raw
materials and in the cost of distribution, it is hoped that the business
coming year will be fairly remunerative, without depending
upon a further increase in prices. It is our fixed policy to depeud
upon economies and improved methods of manufacture rather than
inoreasiog the cost to the consumer. It Is believed that adherence to
this policy will in the long run produce the most satisfactory results.
for the
The balance sheet as of Dec. 31, 1899, certified by public
accountants, is as follows
:
$15,676,668
Total
See also V. 70, p. 228, 232.
Liabilities —
Surplus
628.679
77,000
88.325
25.000
77,000
62,010
25.000
116,000
69,945
25,000
190,325
458,093
164,010
530,958
205,000
98,446
210,945
417,634
205,000
265,356
253,093
227,512
212,634
Royalty fund
sinking fund
93,640
25,000
Total
Balance
Dividend, 2 per cent
Additions to property
Surplus.
205 000
BALANCE SHEET DEC?
1899.
a
Assets-
Two
iron steamers
der construction.
Canal boats
Ciun.
1st
Capital stock...
Bonds of Consol'n
Coal Company...
Bonds of (;um'd &
sink. fund.
for coal sold.
St.& barge freights
raf.bal.C.&P.RR.
Bills receivable
'
Cash
600,000
600,000
1,000,000
1,000,000
56,828
36,630
136,021
579.612
108,966
476,798
8,333
67,629
47,089
22,417
8,333
36,982
33,253
06,037
Adjust, of taxes...
Float. eq.adj. fund.
41,601
5.403
3,150
39,167
6,726
Div. uncalled for..
Div. payable Feb.l
16.01 pO
756
205.000
756
205,000
775.826
Penn.
103,466
7,000
&PennRR
96.2-2
Due
55.829
36,630
Acc'd int. on Cum.
& Penn. RR. b'as
136,021
80,810
241,297
269,675
18,156
9S,462
106,966
7I,9?3
209.923
Due RR. comp'ies..
Due for supplies...
395,8tf4
Pay-rolls Dec.pay-
to royalty
to Jan.
1
ableJan
57,-282
104,214
Profit
Total
f 'd.
Oceau freights...
8,764
88,036
378,254
and
loss.sur. 1,012,215
Total
14,035,054 13.642.473
—v. 89. D. 1195
RR
Sink, fund, Consol.
Coal Company...
Sinking fund.Cum.
6^523
& Penn. RR.
M.
Materials RR. dep.
Materials mln.dep.
Due
J
a.ouo
Coal cars sold to B.
&0.ltR.,bal.due.
Consol. <'oal Co.'s
Ist M.flnk. fund.
1899.
1698.
$
$
10,250,000 10,250,000
Liabilities—
$
11«,000
415,021
Steam lug & barg s
Tug and barges un-
31.
ISflS.
Mines aui real est. s.iso.ist S.lSO.ISl
Cum. & Penn. RR. 3,50S.538 3,605 9:^8
Koyalty fund inv's
57P,ai2
476.788
14.035.054 13,642,478
Diamond Match Company.
(Report for the year ending Dec. 31, 1899. J
President Barber in his report said in substance :
The increase in the capital stock authorized by the stockholders
enabled the company to liquidate its floating indebtedness and also to
purchase several large plants for manufacture of matches and a large
quantity ot standing pine. Of the new if4,000,000 stock, $250,000
still remains in the company's treasury.
The company begins the
new year with a
large trade, its debts all paid, excepting current bills,
a good cash reserve on hand, and a record as a money-maker of nineteen years that any Industrial company could be proud of. The company's English plant is making great progress in its gross product.
Machinery is now being installed in the plants of the Diamond Match
Co., Limited, in Cape Town and Port Elizabeth, South Africa, and in
the plant at Mannheim. Germany, and is being forwarded for the
plant in Switzerland. The company's plant at Lima, Peru, started
operations on Feb. 1.— V. 69, p. 1347.
Financial,
—Following are the results for three years
SURPLUS ACCOUNT.
1899 —
1898
1897
,
Balance Jan.
Written off
Earningi
Dividends
1
.
$500,000
,
798,767-$! 00,566
55,997
1,100,000— 174,917
$331,500
31,500
$275,503
$300,C00
$276,503
1,513,767
1,155,997
1,100,000—
1,274,918
$820,017
Final balance.
$820,017
BALANCE SHEET DEC.
1899.
«
$899,363
$275,503
1,193,750- 820,017
Bal. Dec. 31....
Depreciation, etc.
:
.
$275,503
—$500,000
31.
Real est.,
Matches
fact's, etc.
1898.
1897.
$
$
$
8,404,223
56U,727
744,183
446,398
1,294,158
206,924
131,900
8,083,036
519,553
695,190
398,088
1,263,298
204,840
131,900
562,823
50,123
646,685
57,323
7,744,517
488,466
697,788
395,488
1,276,402
241,537
102,500
798,767
631,190
23,690
127,844
178.446
152,393
12,529,303
12,178,388
12,552,738
11,000,000 11,000,000
294,645
237,885
665,000
934,658
820.017
300,000
275,503
11,000,000
308,386
345,000
899,353
.10,883,104
592,017
859,823
Pine stumpage
683,266
Logs
1,193,298
Misc. mer.&rawmat.
271,924
Miscel. investments.
131,900
W. H. & J. H. Moore
Accounts receivable.
763,782
Bills receivable
93,813
250,000
Co.'s stock owned. .
Cash
305,088
Lumber
..
195,933
153,125
478,710
Totals.
16,028,015
Capital Stock.
15,000,000
Accounts payable....
207,998
Bills payable
Surplus and profit...
Total
694,968
7'',000
1896.
. .
Capital stock (pref.).. $8,088,700
•'
"
(com.) .
6,760,200
Accounts payable
Dividends accrued..
648,418
665,996
—
:
Assets—
Mfg. investm't at cost,
as appr'd Mar. l,'99.$n, 526,360
Invest, in other co.'s.
1,883,425
941,420
Merchandise
817,762
Accounts receivable..
484,223
Cash
23,478
Insurance, &o
1,690,901
1,062,322
Interest on debt
100,058
1900.
1899.
1898.
1897.
AssetsPlants and patents... $6,185,597 $6,221,386 $6,241,856 $6,411,621
19,819
Improvements
53,203
47,316
51,138
100,104
Personal property
425,000
425,000
425,000
Stores
34.819
65,661
14,032
Merchandise
226i204
161,263
281,316
114,159
136,340
Supplies
11.584
2,069
10,657
49,929
Bills receivable
394,530
498,979
475,004
482,706
Accounts receivable.
13,009
12,192
2,430
39,611
Suspense account
102,940
38,585
61,810
69,789
Cash
Liabilities
1,926,667
1,231,699
195,640
470,356
205,000
Net receipts
Deduct
«Qrt om
''"^
2,097,621
1,449,203
1897.
$115,862
1896.
$
,
:
1898.
1899.
1897.
1898.
$
$
$
Earnings-Mines AfeRs.. 2,264.322 1,988,391 1,818,511 f
Other income
98.350
109,230
108,1565
43,380
CHICAGO COMPANY EARNINGS (INCLUDING CHICAGO JUNCTION RY.)
Ohanges.
1899
1898.
—V.
3,097,936 tons, an increase of 169,026 tons over that of the
preceding year, and also the largest in the history of the company. Of this total there was turned over to the Baltimore
1,689,403
Payments—
Interest
LXX.
[Vol.
$15,676,668
Consolidation Coal Company.
(Report for the year ending Dec. 31, 1899. J
In regard to the demand for coal President Lord says:
For the last four months the demand for coal has been steadily
Totals
—V. 69, p. 1347,
16,028,015
12,529,303
12,178,388
12,552,738
GENERAL INVESTMENT NEWS.
In-
creasing, until it is now unprecedented. For the preceding eight
months, on the other hand, the demand was not unusual, and competition among the various regions was so great that the price for coal
at tidewater reached thi lowest point in the history of the trade. The
firevalUng prosperity justifies a belief that the demand wlU continue.
n that event we shall be able to advance prices on the Ist of next
April, the contracts of sale beiug made with the consumer to run for
a year from April 1. There has been a considerable advance In the
price of all materials used, while there has been no advance In rates.
This olroumstanoe has of course had an effect on our net earnings.
RAILROADS. INCLUDING STREET ROADS.
Baltimore & Lehigh Rj.—Standai'd-Oauging. —The stockholders will vote Feh. 13 on a proposition to standard-gauge
the entire line. The cost is estimated at about |200,000, including some steel bridges and the reduction of curves. V.
—
63, p. 227.
Baltimore & Ohio
RR.—SaZ«
of Bonds.— Regarding the
sale of securities reported last week, it is learned that the
——
—
February
—
—
—
8
:
THE CHRONICLE
10, 1900.]
279
$2,500,000 of 3!^ per cent bonds were taken by Strong, Sturgis
Co. and the $'8,fifl0,000 4 per cent bonds by a syndicate comCo. of New York
Co. and Kuhn, Loeb
posed of Speyer
Co. of London. The proceeds of this sale will
Speyer
and
Western bonds
be applied to the purchase of Pittsburg
and to improvements, as below stated.
Central of Georgia Rj.—Decision Affirmed.—The Supreme
Court of Georgia on Jan. 31 last unanimously affirmed the
decision of Judge Hart rendered in the Superior Court of
Putnam Co., Georgia, in September last, denying the application to set aside the purchase of the Middle Georgia &
Atlantic Ry. See V. 09, p. 645.— V. 69, p. 849.
is
Pacific Railway Co, is about canceling upwards of $900,000
of its new three-and-a-half per cent bonds from the proceeds
of old Central Pacific sinking funds, now deposited as
statement of the sinksecurity under the new mortgage.
ing funds, aggregating $12,553,000, will be found in the
Chronicle, issue of Oct. 21, 1899, page 851. The bonds canceled were purchased in the open market, and from the
source mentioned and land sales further cancellations will
occur from time to time.— V. 69, p. 1103.
&
&
&
&
&
—
Purchase of Pittsburg & Western Bonds, The company, it
announced, has purchased the greater part of the $10,000,000 first mortgage 43 of the Pittsburg & Western Ry,, of
which about $8,400,OCO were deposited with J. P. Morgan &
Co. under an agreement giving the depositors the right to
receive in exchange therefor either par and interest in caoh
or a new security to be issued upon reorganization. The
bonds so acquired will be held while the Pittsburg & Western is being reorganized, and eventually will be either retired
or exchanged for a Baltimore & Ohio bond. The B. & O.
owns about three-fourths the stock of the Pittsburg & Western and will assist in effecting the reorganization.
Improvements, The remainder of the funds derived from
the above mentioned sale, after payment for the Pittsburg &
Western firsts will be applied to improvements on the B. &
O., the providing of much-needed second track and better
terminal facilities; also to the prosecution of the plan for
making the Baltimore & Ohio mto a low-grade road between Baltimore and Chicago, the maximum grade coming
east, except over special places in the mountains, to be 1
feet per mile.- V. 70, p. 22!), 131, 124.
—
Baltimore & Ohio Southwestern Ry.
Branch Line Fore-
closure.— See Marietta Ry. below.— V. 69, p. 1300.
Boston & Maine RR.—Qiiarterly.—'EaTnmgs for the quarter and the six months ending Dec. 31 weie:
3 mos. end- Oross
ing Dec. 31. earnings,
1899
$5,583,847
1898
4,938,861
6 mos.
—
Net
earnings.
$1,842,807
1,520,577
1899
1898
$11,747,891 $4,003,377
10,365,833
3,371,574
70, p. 175, 75.
Other
income.
Interest,
taxes, etc.
$182,002 $1,409,445
167,440
1,358,790
Balance,
surptvs.
$615,364
329,227
$319,199 $2,803,747 $1,518,829
278,027
2,719,696
929,905
—V.
Bradford Central RR. New Bonds.— Thia company has
filed a first mortgage to the Knickerbocker Trust Co. of New
York, as trustee, to secure 50-year 5 per cent gold bonds,
dated July 1 1899, issuable at $25,000 t>er mile on its road to
be built from Canton, Bradford Co., Pa., to Towanda, Bradford Co. and from Canton to Ansonia, Tioga Co., Pa., with
branches and extensions. The bonds are coupon bonds, with
privilege of registration, in denominations of $1,000 or 200
pounds sterling, and are to be free of all taxes, interest being
Eayable semi-annually January and July 1 at the Knickerocker Trust Co. or the company's London agency. After
five years the sum of $11 11 per $1,000 bond outstanding is to
be set aside April 1 and October 1 until maturity to purchase bonds at such prices, not exceeding par, as the directors may determine and the interest upon bonds purchased
for the sinking fund is to be paid and also placed to the credit
of the sinking fund. George W. Adams is President and F.
A. Sawyer, Secretary, and the main office is at Towanda, Pa.
The road, on which, it is said, construction will soon begin,
will connect with the Buffalo & Susquehanna at Ansonia on
the west, and at Canton with the extension of the Barclay
Railroad to the Delaware & Hudson Compan>'s coalfields,
forming a direct outlet to the Great Lakes and the West.
Bnffalo Rochester & Pittsburg Ry. New Through Route.
The company has opened, in connection with the Philadelphia & Reading and New York Central RR. (Beech
Creek), a new line to Pittsburg and other pointe, which is to
,
—
be
known
as the "Clearfield Route.
"
See
map
in Investors'
Supplement.— V. 70, p. 229.
Camden & Trentoa (Electric) Railway.— J?oncfs
Offered.
this
Paciflc
Central
Chicago
of the road was in operation and
construction. The President is H.
Pa.; Secretary and Treasurer, M.
J.— V. 69, p. 955.
Canada- Atlantic Uy.— New Connection. See Great Northern Ry. of Canada below.— V. 69, p. 954.
Central Branch Iiail\vaj.— Guaranty- The first mortfage 4 per cent bonds, dated Oct, 2, 1899, due Feb. 1. 1919,
ave the following guaranty engraved upon them
—
The Missouri
Pacific Railway Co. for and In conaidpratlon of the
one dollar in hand paid to the said company by the holder
hereof and for other good and valuable considerations doth hert^by
covenant ana agree with the holder of this bond for the time being
sum
of
that the Central Branch Railway Co. shall and will pay the interest
accruing on said bond as it shall become due and payable according
to the tenor and conditions of the coupons hereto annexed and the
principal of said bond on the date of its maturity, and in case of delaup in payment of such interest the Missouri Pacific Railway Co.
will make such payment.— V.
69, p. 1102.
bill,
allowing savings banks to invest in this company's bonds,
has passed the New York Assembly. See page 291 of State
City Department.— V. 70, p. 230, 175.
&
& Quincy RR.—Sale
Chicago Burlington
of Bonds.— The
sold $3,000,000 S<4 per cent Illinois division
bonds to Lee, Higginson & Co. The purchase price is commonly reported as 103 and interest. On July 1 $1,076,000
Fox River 8s mature. They will be
Ottawa Oswego
taken up with a portion of the money derived from the sale.
company has
&
—V.
70, p. 175, 75.
Chicago Great Western Railway.—Purpose of New Debenture Stock Issue, Etc. At a meeting in London on Jan.
24 the holders of the 4 per cent debenture stock and of the 5
" authorized the issue of an adper cent preferred stock "
ditional $2,000,000 of 4 per cent debenture stock, the proceeds
to be devoted to capital expenditures of 1900, for additions and
improvements, and any surplus to be held available for similar expenditures in the future. The Right Hon. William
Lidderdale presided, and explained the financial proposals of
the board as follows:
These proposals provided for the expenditure of more than $3,000,000, of which $1,210,000 is wanted for equipment, $360,000 for additional space and facilities at Chicago and Kansae City, $387,000 for
maturing obligations and $1,329,000 for improvements to the line.
President Stickney assures the Finance Committee that the railway
has lost much traffic owing to deficiency of rolling stock, and that in
the past half-year employment could have been found for all the rolling stock now asked for; they arc also assured by Mr. Stickney that
the outlay will increase the net earnings by very much more than the
extra interest payable on the securities issued to provide the cost.
Prospect (f Dividends. At the same meeting Vice-President Oppenheim said he thought that the results of the current six months' working would fully come up to the board's expectations, which meant that not only would the full dividend
this had been already
be paid on the preferred stock
earned but that the profit would be large enough to pay a
dividend on the " B " stock and leave a surplus. The chairman said that he must not be understood as promising a
dividend on the common stock, for fear of accidents, but he
believed that the profit of the half-year would show a
surplus after meeting the requirements of the *' B" stock.
V. 70, p. 175, 75.
Columbus & Maysville Ry.— Receiver Discharged.— 'Receiver Samuel Hunt has been discharged, the security holders having reached an agreement. The line extends from
Hillsboro to Sardinia, Ohio, 19 miles.
—
A
—
"A"—
—
Delaware Lackawanna & Western RR.— Quarterly.—
Earnings of the company's leased lines for the quarter and
the twelve months ending Dec. 31 were:
1899
The bonds,
p. 175, 75.
& Alton UR.—BiU Passed—The McEwan
company's entire issue of $750,000 first mortgage 30-year
fold 5s, dated Nov. 1, 1899, Provident Life & Trust Co. of
hiladelphia, trustee. The bonds are a first lien on all the
company's property, including the line building from Camden to Trenton, N. J., a distance of about 30 miles, also on
the entire capital stock of the Cinnaminson Electric Light,
Power & Heating Co., which lights the towns of Beverly,
Delanco, Riverside, Riverton and Palmyra, and on 85 per
cent of the stock of the Bordentown Electric Light & Motor
Co., both of which light companies are described as dividend
earners. At Camden connection is made with the Camden
& Suburban Ry., and cars will run direct to the terminus of
Street, Philadelphia.
interest.
Central
Chesapeake & Ohio Ry.—Literest.—Bee Pennsylvania RR.
Co. below.— V.70,
3 mos. ending
the ferry line to Market
stated, sell at 95 and
In Jan., 1900, six miles
the remainder was under
V. Maesey, Philadelphia,
B. Perkins, Riverside, N.
Canceled.— The
A
—A. N. Chandler & Co. of Philadelphia have purchased
it is
Uy.— Bonds
Net
Balance,
Oross
earnings.
earnings.
lt'98
$2,356,425
2,594,431
$1,433,223
1,490,649
$599,335
610,079
$833,888
880,570
9 months—
1899
1898
$8,118,327
8.481,990
$4,490,465
4,270,112
$2,446,837
2,467,826
$2,043,628
1,802,286
Dec. 31.
— V. 70, p. 125.
Interest,
taxes, etc.
surplus.
—
Erie RR. Equipment Bonds, The company has made an
equipment trust for $1,750,000 in favor of Temple Bowdoin
of 23 Wall St., covering the 1,000 steel freight cars of 100,000
pounds capacity and 50 consolidated freight locomotives ordered last December. The trust deed provides for the issue
of $1,750,000 of 5 per cent gold bonds payable within seven
years, $250,000 to be retired annually.— V. 69, p. 1011.
Eureka Springs Ry.— Sold. In Arkansas on Feb. 5 P. K.
Roots of Little Rock tiled with the Secretary of State articles
conveying this road to the St. Louis & North Arkansas RR.,
which see below.— V. 69, p. 1031.
Evansville & Terre Haute RR.—Statement for Six Months.
The earnings of the entire bystem for the six months ending Dec. 31 were
—
—
:
6
mos—
Oross.
Net.
Int., tax., etc.
Bal., sur.
1899
1898
$135,745
$953,919
$426,938
$291,193
90,131
839,413
289,039
379,170
Dividends on the preferred stock for the entire year at 5
per cent would call for $64,120, leaving a surplus of $71,625,
or about 1% per cent, oq the $4,000,000 common stock. V.
—
69, p. 693.
Fitchburg RR.
Judge Knowlton,
No
—
At Boston, on Thursday,
Supreme Court, refused to restrain
Injunction.
in the
the State officials from voting in favor of the lease of the
Fitchburg to the Boston
Maine as prayed for in the bill in
equity brought by James M. Hilton, of Cambridge, a Fitch-
&
—
——
—
—
— —
—
THE CHRONICLE.
280
[Vol.
LXX.
bnrg stockholder. Judge Knowlton said all that is proposed Slip to and under the East River to Adams St., Brooklyn, thence
through High St., the Plaza and Sands St. back to Adams St
to be done is to make a provisional arrangement subject to
The authorized capital stock is $40,000.
the consideration and control of the Legislature.
Ohio & Little Kanawha Ry.— Oncers. Thedirectorsof this
months
Quarterly. Earnings for the quarter and the six
company (successor of the Zanesville & Ohio) are: F. A.
ending Dec, 31 were:
Balance, Durban, J. Hope Sutor, W. D, Schultz, H. A. Sharpe and H.
Interest,
3 mos. end.
Net
Other
Oross
surplus. P. Dicke.
F. A, Durban is President and J. Hope Sutor,
income.
taxes, etc.
Dec. 31—
earnings.
earnings.
—
—
1899
1898
$2,132,504
2,012,474
6 months—
1899
$4,216,907
1898
3,928,987
$689,731
629,640
$26,333
20,340
$385,322
376,114
$330,742
273,866
$1,338,925
1,334,885
$54,774
39.965
$757,628
766,397
$636,071
508,453
are paid
Dividends on preferred (4 per cent per annum)
semi-annually, calling for about |170,000 quarterly.—V.
70,
p. 230, 176.
Fort Worth
& Kio Grande RR.—New
President.— K. C.
York, a brother of Vice-President Wicker,
has been chosen -President to succeed the late John Hornby,
Wicker
—V.
of
New
65, p. 463.
Galveston City RR.—Sold.— At the foreclosure sale on
Feb. 6 the propertv was bid in for $905,000 by Charles E.
Hotchkiss, the only bidder.— v. 69, p. 1345.
Great Northern Ry. of Canada. Approaching Completion.— This road, which is expected to be completed during
the summer, will be 176 miles in length, extending from the
terminus of the Quebec
St. Johns RR., 50 miles from
Quebec, to a connection with the Canada- Atlantic RR., thus
forming a short through route for ocean -bound freight from
Parry Sound to the deep water docks at Quebec. Reference
to the Canada- Atlantic Ry. as a new outlet for grain was
made in the Chronicle, V. 69, p. 954. Last year the
twenty odd million bushels of grain carried by it were sent
via Montreal, where the use of lighters was necessary. At
Quebec the grain will be loaded directly upon the oceangoing vessels. Those interested in the project claim the new
line between Duluth and Liverpool will be shorter by 800
miles than that via Buffalo.
&
The Great Northern Ry. of Canada will issue $3,000,000
stock and $3,900,000 of 5 per cent 80-year bonds, $500,000 of
the latter being on account of the bridge across the Ottawa
River. The syndicate which is providing the funds for construction will receive the bonds and a bonus of 50 per cent in
stock.
branch 30 miles in length to Montreal is projected,
and contracts have been let for a large elevator at Quebec.
Illinois Central RR. Possible Acquisition. See Peoria
Decatur
Evansville RR. below.— V. 70, p. 230.
A
—
&
Kansas City Pittsburg & Gulf RR.— Foreclosure Sale
19.
The foreclosure sale has been set for March 19 at
Joplin, Mo. Upset price, $12,500,000.
New Name. The successor company, it is stated, will be
the Kansas City Southern Ry.—V. 70, p. 230.
Kansas City Southern Railway. Reorganized Company,
See Kansas City Pittsburg & Gulf RR. above.
Kentucky & Indiana Bridge & Terminal Qo.— Property
Transferred. The property of the Kentucky Bridge Co. was
transferred to the successor corporation, the Kentucky &
March
—
—
—
—
Indiana Bridge & Terminal Co. at 12 o'clock Jan. 31. B. S.
Josselyn, formerly of Council Bluffs, la., is General Manager. He will operate the property for the Southern Ry.
and Baltimore & Ohio Southwestern (Baltimore & Ohio RR.).
—V.
70, p. 125.
LouiSTille
& Nashville RR.— Actual Result for Half-Year.
—The actual surplus lor the six
months ended Dec. 31, after
deducting charges and dividends, was $1,051,202. The partly
estimated statement in the Chronicle of Jan. 13 (page 76)
gave the surplus as $990,909, as against $659,562 in 1898.— V.
70, p. 76, 39.
—
Marietta Ry. Foreclosure. In the United States Court at
Columbus, O., on Jan. 29, the Farmers' Loan & Trust Co., as
mortgage trustee, brought suit to foreclose the mortgage for
$175,000. The Bait. & Ohio Southwestern owns all the bonds.
Mexican Northern Ry.—Extra Dividend. The directors
have declared an extra dividend of one-quarter per cent, in
—
addition to the regular quarterly dividend of 1 per cent, both
payable March 2 to holders of record Feb. 17.—V. 69, p. 1012,
Milwaukee Electric Railway & Light Q,o.— First Dividend.— The company has declared the first dividend on its
preferred stock, viz., \% per cent (quarterly), payable Feb.
The annual statement for 1899 will be found above un10.
der the heading "Annual Reports."— V. 70, p. 39.
Missouri Kansas & Texas Rj. —Guaranteed Bonds.— See
Sherman Shreveport & Southern Ry. below.— V. 70, p. 76, 39.
Nashville Railway. New Mortgage.—The company has
made a first consolidated mortgage to the Baltimore Trust &
Guarantee Co., as trustee, covering all the railway proper-
Secretary.— V.
70, p. 177.
&
&
RR.— Interest in B. O. and C. O.— Referring to the election of Vice-President Prevost as a director of the Baltimore
Ohio RR,, Mr. Patton, assistant to
President Cassatt, is quoted as saying: "The Pennsylvania
RR. Co. having recently acquired very large interests in the
Baltimore & Ohio, naturally desired representation in the directorate. For this reason Mr. Prevost was selected to fill
the seat vacated by Gen. Fitzgerald. There is no vacancy
at present on the board of the Chesapeake
Ohio, but
when one does occur the Pennsvlvania RR. will seek representation in that body also."— V. 70, p. 231, 76.
Fennsjlvania
&
,
&
Peoria Decatur & Evansville Ry.— Sold.— AX the foreclosure sale on Tuesdav the Evansville Division was purchased by Adrian H. Joline for $1,895,000 and the Peoria
Division for $1,586,000, these amounts being slightly in excess
of par and interest on the first mortgage bonds. On the 3d
inst. Judge Baker, at Indianapolis, refused to dismiss the
petition of certain dissenting stockholders attacking the
decree of sale under the first mortgage for fraud. Objection
to the sale was made, and its confirmation will be opposed.
In Illinois, in which State most of the road lies, the suit was
dismissed last week. The belief is that the Illinois Central
has arranged with the Colonial Trust Co., as holder of most
of the second mortgage bonds, to acquire the road.
Mr.
Joline is counsel of the Central Trust Co.. which is trustee
under the first and second mortgages.— V. 70, p. 231, 39.
—
Pere Marquette RR. Acquisition. The purchase of
the Saginaw Tuscola
Huron RR., Saginaw to Bad Axe,
Mich., 67 miles, has been completed, the line becoming part
of the system on Feb. 1 (see that co. below). V. 70, p. 176.
Philadelphia Traction Co. Called Bonds. The following
4 per cent collateral trust bonds of 1917, viz.: Nos. 104, 189,
&
—
—
191, 194, 250, 569, 619, 678, 699, 806, 860, 871, 887, 980, 1038,
1114, 1169, 1200, 1222 and 1252, have been drawn and will be
paid at 105 and interest, on and after Feb. 15, at the office of
the Pennsylvania Company for Insurances on Lives
Granting Annuities, in Philadelphia. V. 65, p. 514.
—
and
& Western RR.— Sale
of Deposited Bonds.—
above.—V. 69, p. 1245.
Rapid Transit in New York City. Mr. Belmonfs Plan
Accepted. The Rapid Transit Commission on Wednesday received from August Belmont & Co. a letter proposing to
form a construction company to enable Mr. McDonald to
carry out his contract. The proposition, which is substantially as follows, was unanimously accepted
Pittsburg
See Baltimore
& Ohio RR.
—
:
Confirming the understanding arrived at yesterday, we now beg to lay before you the plan which is proposed to enable Mr. McDonald to execute the
contract for the construction ot the Rapid Transit Railroad.
First— We are about to organize a corporation under the laws of this State,
with a capitBl of $6,000,000, subscriptions for which have been already secured,
and which are payable as follows Twenty per cent upon organization, 20 per
cent on May l, 1900. 20 per cent on Nov. 1, 1900. and the balance as called.
This company is to enter into a contract with Mr. McDonald to promote the
construction ot the work, to furnish the security required and to finance his
undertaking.
Second— V our board is to make application to the Appellate Division to modify its requirements concerning the bond to secure construction by strikinfr
out the provision requiring justification by the sureties in double the amount
of the liability assumed by each and by reduciasr the minimum amount permitted to be taken by each surety from JoOO.OoO to $250,000.
Third— Mr. McDonald will furnish the continuina bond of $1,000,000 with
sureties who will justify in double that amount, and the company will deposit
with the Comptroller secuiities to be approved by your board ot the value of
which the city shall apply
$1,000,000.
satisfaction of the bond
in case any liability shall arise thereon. Vour board will then endeavor to secure the passage of an Act of the Legislature amending the Rapid Transit
Act by permitting the deposit of securities satisfactory to your board and of
the value of $l,oo0,000in lieu of said continuing bond.
Fourth— The said corporation will execute as surety Mr. McDonald's bond
to secure the performance of the contract for construction to the amount of
$4,001),'" 0.
The additional amount of said construction bond, namely $1,000,tOo, will be furnished by the other sui-eties, to be approved by your board.
Fifth— The said corporation will cause tbe $1,U00,00() cash required by the
contract to b-^ deposited with the Comptroller.
Sixth— A list of the subscribers to the stock of the said corporation will be
submitted to your board, to be approved by it.
Seventh— As additional security to the city, the said corporation will cause
the beneficial interest in the bonds to be required of the sub-contractors to be
assigned to the city.
Eighth -This said corporation will cause an additional $1,000,000 in cash, or
the equivalent in securities, to be deposited with the Gompiroller on or before
Jan. 1. I9i'i. Sicb $1,000,000 shall be held by the Comptroller as additional
security for the performance of the obligation of the sureties upon the bond
:
m
for construction.
President Orr says
:
"
What Mr. Belmont proposes is much
way
of security than that offered by the surety
are entirely satisfied.
agreed not to
companies.
make public the names of the subscribers to the stock of the
subscription company, but they are some of the strongest
financiers in the city.
better in the
We
We
Extended till Feb. 20.— The Rapid Transit Commission
on Monday granted John B, McDonald a further extension
to Feb. 20 to furnish the required bonds for the construction
New York & Brooklyn Union Transportation Vo.— Pro- and operation of the rapid transit road. They also rejected
jected Underground Koad.-This company, incorporated at the $39,300,000 bid of Andrew Onderdonk, and instructed
Albany on Jan. 15, applied on Tuesday to the Municipal the Comptroller to return to him his check for $150,000.
The Governor has signed the bill authorizing
Bill Signed.
Council for a franchise for an underground road to connect
Manhattan and Brooklyn. George Wilson is President and the sale of city bonds for the work without the necessity of
Frank N. Glover, 55 Liberty Street, is Counsel. The pro- securing the approval of the Municipal Assembly. V. 70, p.
231, 176.
posed route is as follows:
From the junction of SuUlvan, Variok and Canal streets, under
Reading Company.— Mrsf Dividend. The Executive
Canal, Watts, West and Veetry streets back to Canal 8t llience under Committee on Monday voted to recommend that a semi-anthe latter to East Broadway, to Grand, under the East River to Broadfirst preway, Brooklyn, with a loop running around Wythe Ave., South Eighth nual dividend of IJ^ per cent be declared on the
ferred stock, payable March 8, after providing for the coal
St. and Kent Ave. A branch from thejunotion of Canal St., Rutgers
St., and East Broadway, Manhattan, through Rutgers St. and Rutgers
sinking fund required by the general mortgage. This is the
ties in Nashville, to
secure $6,500,000 50-year 5 per cent gold
bonds of the denomination of $1,000 each.— V. 70, p. 176.
—
—
—
,
:
February
THE CHRONICLE.
10, 1900.]
dividend since the reorganization in 1896 97. The diviis advertised payable to holders of voting trust certifThe statement of earnings (under
icates of record Feb. 19.
Philadelphia «fe Reading Ry.) on pages 171 and 173 of the
Chronicle for Jan. 27 shows that for the half-year ending
Dec. 31, 1899, the system earned a surplus over charges of
$3,378,329, as against a surplus of $1,626,177 for the same
period of 1898, The payment of 1}4 per cent on the |28,000,000 first preferred calls for $420,000 and the payment to the
Binking fund, it is stated, will require $380,000.
Locomotive Works.—The company has perfected plans for
the establishment at Reading, Pa., of a large plant for the
construction of locomotives.— V. 70 p. 126.
first
dend
Bichmond (Ta.) Passenger Ry. & Power Co.— Penalty Bond
Deposited.— The application for an extension of the time in
which to deposit the penalty bond of $20,000 was denied by
the City Council on Feb, 1, and on Feb. 6 the bond was duly
Andrew Pizzini, Jr. Of the incorporators,
in V. 69, p. 1346, several, it is said, have withdrawn,
deposited by
named
but Messrs. Wilson, Watson, Patton, Stitterding and Ainslie
are expected to organize and to open subscription books at
the office of Martin & Ainslie in Richmond. The Richmond " Despatch " says:
Of the $l,200,0f which the new company proposesto raise at once,
approximately $500,000 will be paid to Mr. Fisher and Dr. Munn for
surrender, under terms ol the option held by Messrs. Martin and Pizzini, of the franchises, stock, rights and property of the Richmond
Railway & Electric Company. The remaining $700,000 will be used
to defray the expenses of organizatton, etc., and, more particularly,
in the Immediate and complete rehabilitation of the old lines.
Negotiations for the retirement on a reasonable basis of
Electric Co.
the first mortgage bonds of the Richmond Ry.
&
have not been concluded.— V.
70, p. 231.
dent and General Manager,
Vice-President; H. C, Potter,
Louis
S. T. Crapo;
Jr,, Secretary
Q-.
W.
Morley,
and Treasurer.
& North Arkansas HR.—New Company
in Pos-
company, having $1,250,000 of authorized
capital stock, has acquired by deed the property of the
Eureka Springs Ry., including its 183^ miles of road. When
its new line is completed the St. Louis & North Arkansas
RR. Co. will own a continuous line 128 miles in length, from
Eureka Springs through Harrison into the heart of the
Arkansas mineral belt. A new mortgage for $3,212,500 is
seasion,— This
proposed.
See plan in V.
281
annual dividend of 2 per cent on the preferred stock, both
payable April 2. An official statement says:
Statements submitted to the board of directors showed accumulations of earnings of the system, including the Union Pacitlc RR. Co.,
the Oregon Short Line RB. Co. and the Oregon RR. & Navigation Co.
to Dec. 31, 1899. of $12,994,533. These results were obtained after
charging to income for betterments and equipment approximately
Expenditures have been made for betteiments and
$3,000,000.
equipment since the reorganization of the three companies named,
entirely provided for out of cash resources and without any increase
which
of capital or other obligations, amounting to $9,672,000,
amount, however. Includes the $3,000,000 charged to income. The
cash on hand Feb. 7, 1900, amounted to $8,698,985. The surplus
earnings per annum, Including the amounts paid from Income for
capital expenditures, were more than double the dividend on the
common stock at the rate of 3 per cent per annum. The six months'
statement ended Deo. 31, 1899, shows net increase $832,360 over
same period for 1898.— V. 70, p. 177.
United Power
& Transportation Co. New
Acquisition.
—
This company has acquired control of the Schuylkill Valley
Traction Co. of Norristown, Pa., through the purchase, it is
stated, of $400,000 of the $5C0,0C0 capital stock and the enThe Schuylkill system
tire $100,000 issue of income bonds.
embraces 22 miles of track (see page 63 of Street Railway
Supplement.) Possestion was to be taken of the property on
Feb. 7. The annual report is on page 277. V. 70, p. 77.
—
—
United Railways Company of
St. Louis.- 5on(/s Offered,
Co. offer the unsold balance of the $13,625,000 of the company's first general mortgage 4 per cent
gold bonds at 923^ and interest. Full particulars will be
found in our advertising pages see also notice on page 284.
V. 70, p. 126.
Brown Brothers
&
;
—
Western New York & Pennsylvania BIR.— Report Denied.^'
The report that the Pennsylvania RR. Co. is arranging to
acquire this property
Saginaw Tuscola & Huron B,Ii.— Change of Control—The
management of this property was transferred to the Pere
Marquette RR. Co. on Feb. 1. The new officers are: Presi-
St.
—
—
—
is denied.
V. 70, p. 231, 77.
TVinston-Salem Railway & Electric Co. of Winston, N. C.
New Mortgage.— As already reported (V. 70, p. 127), a deed
of trust covering these properties was made recently by the
Fries Manufacturing & Power Co. and the Winston-Salem
Railway & Electric Co. to the North American Trust Co.,
trustee. These two properties were consolidated and a new
mortgage made covering both properties. The amount of
the new mortgage is $500,000, dated Jan. 1, 1900; interest at
5 per cent; coupons payable Jan. 1 and July 1 at the office
of the North American Trust Co. Outstanding bonds, $450,000. Maturity of the bonds, 1940.—V. 70, p. 127.
—
INDUSTRIAL. GAS AND MISCELLANEOUS.
69, p. 645.
Amalgamated Copper QiO.—Selling Agency.— See United
Savings Bank Investments in New York State.— Changes.
Metals Selling Co.— V. 70, p. 39,
State & City Department, page 291.—V. 68, p. 1134.
American Bell Teleplione Co.— Month's Output of TeleSchuylkill Valley Traction Co. of Norristown, Pa.—
Change of Control. See United Power & Transportation Co. phones. The net addition during the month ending Jan. 20
below.— V. 69, p. 334.
to the number of "instruments" in use (one half of this
Stuttgart & Arkansas River RR.— To be Be-sold.-Jndge number indicating the number of telephones) and the total
John A. Williams at Little Rock, Ark., has ordered the re- instruments outstanding Jan. 20 were
1900.
1899.
1898.
1897.
sale of the property, the upset price to be $50,000, of which
Month's net output
39,887
31,829
15,820
8,036
$10,000 cash. Mr. Sherwood, who bought the property on Total outstanding Jan.
20.1,620,392 1,157.075
938,073
781,885
—See
—
—
:
Jan. 20, 1899, for $56,000, failed to
— V.
make payment as required.
p. 189.
Terminal Railroad & Tunnel Co. of New York.—Jncorporated. This company was incorporated at Albany on Jan.
3 with the view of building and operating a tunnel road in
connection with the rapid transit tunnel, so that through
train service can be given between the rapid transit district
and both Brooklyn and the terminals of the trunk lines and
steamships located at Jersey City and Hoboken. Capital
nominal ($50,000). Directors:
Arthur C. Hume, Louis Warfleld, Cambridge Livingston, David L.
Hough, Frederick Wooley, J. Holiis Wells, Johnston Livingston, Jr,
Philip M. Lydig, and Gilbert Francklyn of New York City.
Arthur C. Hume, who represents the company, says
The road is to comprise a tunnel leading from the vicinity of Park
Row by way of James Slip to Brooklyn, past the City Hall and the
Long Island Station to a loop terminus at Prospect Park, and a tunnel joining this at Park Row and extending by way of Park Place to
Jersey City, near the Pennsylvania Station. The Jersey City tunnel
will branchlnto one subway leading north to reach the Erie and Lackawanna stations, and one leading south to reach the Jersey Central.
Both of these subways will cooae to grade on private properties.
Terre Haute Electric Co.— New Acquisition. A press despatch from Brazil, Ind., says the company has purchased
the Brazil Rapid Transit Street Railway, 3 miles in length,
and will use it as part of the line now building from Terre
Haute to Brazil, a distance of 18 miles. This line is expected
to be completed within two or three months.— V. 69, p. 907.
Third Avenue ViR.— Funding Arrangement— Negotiations
with the Kuhn, Loeb & Co. syndicate for financing the floating debt have progressed during the week. The proposition
is to issue 6 per cent three-year mortgage notes to pay the
floating debt of about $18,000,000. The syndicate will also
provide such additional funds as may be necessary
to complete the electrical equipment of the road, etc.,
receiving in exchange mortgage notes similar to the first
issue, but with the additional feature of giving the holder
the option to convert them into stock. The syndicate, it is
said, will get a commission of
2% per cent.
Lease.— Rumors that a new proposition had been received
to lease the road were current early in the week, but were
not confirmed.— V. 70, p. 231, 177, 174.
Union Pacific Railroad.— i^trsf Dividend on Common
Stock.— The directors on Thursday declared a semi-annual
aiVidend of 13^ per cent on the common stock and a semi-
—
:
—
—V. 70, p. 231,
127.
American Brewing Co.— Foreclosure.
—At Chicago on Feb.
5 a decree of foreclosure was entered against the company in
the case of John McNulta, Receiver of the National Bank of
Illinois.
The claims against the company, it is stated, aggregate $900,000.
American Caramel Co. Allegations Denied.— In their
answer to the writ of mandamus obtained against the company by Logan A. Marshall, the directors deny that the company intends to issue bonds and increase its capital stock
and say:
The company since its incorporation has earned a net profit of $90,000
per annum, and has regularly paid out of its net earnings 8 per cent
its $500,000 of preferred stock and an aggregate of 9 per cent for
the two years since its organization on Its $1,000,000 of common
stock, and has each year added to its surplus.— V. 70, p. 1" 7.
on
American Smelting & Refining
Co.
Status.
—As
stated
week, the stockholders of the Consolidated Kansas City
Smelting & Refining Co. on Feb. 2 voted to retire the $2,000,000 of preferred stock of the company. The following statement has been officially confirmed
The $2,500,000 common stock of the Consolidated Kansas City
Smelting & Refining Co. and the stock of the San Juan Smelting and
Refining Co., all of which is owned by the American Smelting & Refining Co., will be retired at some future time. The $1,000,000 bonds
of the first-named company will be due May 1 and will be paid at
maturity out of earnings. The Omaha & Grant Smelting Co., has
$1,133,000 of bonds outstanding which will become due March 1,
1911. These are provided for by a sinking fxmd, $66,000 of them
being payable March 1, 1900. The reduction of the stock of the sublast
:
sidiary companies
is
preparatory to their liquidation.— V. 70,
p. 232.
American Steel & Wire Co.—Retirement of Preferred
Stock, Etc. At the annual meeting on Feb. 20 the stockholders will vote on the following proposed amendments to
the certificate of incorporation, which the board of direct-
—
ors by resolution have declared to be advisable, as stated in
an official circular
By specifically conferring upon this company in its certificate of incorporation power,
First— To engage in and carry on in all respects the business of
buying, acquiring, selling, operating and using mines and mining
products of every kind and character.
Second— To engage In and carry on the business of constructing,
buying, selling, leasing and operating railroads, wharves, piers and
kindred businesses and enterprises.
Third— To engage in, carry on and conduct the business of baying,
selling, leasing and operating steamships and other methods of water
transportation and any and all business connected thereArtth.
—
—
—
Foarth— To guarantee tlie payment of and assume the obligations of
other corporations, persons and firms.
Fifth— To redeem, retire or otherwise acquire and cancel the preferred stock of this company as by the laws of the State of New Jersey
provided and permitted.
Sixth—To have the board of directors fix the working capital of thi*
company in conformity with the present by-laws of the company.
SKvenih—To have the board of directors elect an Executive Committee possessing the powers of the board In conformity with the
present by laws of the company.
Eighth— To have the board of directors enabled to declare and pay
diviaends on the common stock of the company quarterly out of the
surplus or net earnings of the current dividend year daring such current dividend years.
These amendments will give the company power to engage
in ruining, to operate railroads, and to guarantee the securitie.s of other companies: also to retire the preferred stock "as
by the laws of the State of New Jersey provided and per-
mitted."—V.
70, p. 238, 232.
American Woolen
New
—
At the annual
and Frank Jones were
elected members of the board to succeed Joseph Ray and
Joseph F. Fletcher. For the first 8^^ months of the company's existence the gross earnings are stated to have been
meeting on Feb.
Co.
Directors.
7 Charles R. Flint
about $36,5CO,C00, while for the full year 1900 the President
estimates they will rtach $40,000,* Oi». The company is paying 7 per cent per annum on its $20,000,000 of preferred
stock now outstanding and has increased its working capital
largely from surplus earnings. The only liens on the prop
ertv are stated as $405,000 bonds of the National-Providence
and Chase Mills. These bonds will be paid as soon as they
mature or earlier if the holders will accept payment. V. 70,
—
p. 233.
Assyrian Asplialt Co.— -Morfgfage.— This Chicago company,
of which James P. Mallette is President and James F. Hill
Secretary, has made a mortgage to Leroy D. Thoman, as
trustee, to secure $150,000 of 5 per cent bonds due Sept. 15,
1916.
The deed covers mineral and asphalt claims in Utah
and Wasatch counties, Utah, together with machinery at
the mines etc.
Atlanta Standard (Independent) Telephone Co. New
The company has made a new mortgage for
$600,000 to the City Trust Safe Deposit & Security Co. of
Philadelphia, as trustee, to secure an issue of 5 per cent gold
bonds, which, it is stated, will replace the existing issue for
a like authorized amount. The capital stock is $800,000,
outstanding $750,000. The company's exchange was opened
last October, over 2,000 subscribers being on the list.
Philadelphia capitalists are interested in the project. Theodore
A. Megargee is President.
—
Baltimore Brick 0,0.— Mortgage.— Hhe company has made
a mortgage to the Maryland Trust Co., as trustee, to secure
$1,500,000 of 6 per cent $1,000 bonds dated Nov. 1, 1899, and
due in 90 years, but subject to call on and after July 1, 1939.
~V.69,
;
THE CHRONICLE.
282
Mortgage.
—— —
p. 335.
n^OL.
Diamond State
Steel
LXX.
Co.— Listed in Philadelphia.— The
company's stock has been regularly
Stock Exchange.— V. 69, p. 1303.
listed
on the Philadelphia
Babnque (la.) Water Co.— 5a/e— The company has accepted the cit^^'s proposition to purchase the water plant for
$545,000 provided the people ratify the transaction at the
election in April.— V. 69. p. 1318.
Easton Power Co.
— Lease.—The
Edison Electric Illumi-
nating Co. of Easton, Pa. recently purchased by Stern &
Silverman, Philadelphia, Pa., and sold to the Easton Consolidated Electric Co., has been leased by the Easton Power
Co., which now controls the entire lighting and gas business of the city. The Easton Power Co. proposes extending
its lines, and by means of water power hopes to lower the
existing rates of lighting.— V. 70, p. 76.
Edison Electric Illuminating Co. of Boston.- iVew President-Vice- President C. L. Edgar has been elected President, succeeding the late Jacob C. Rogers, and director
Walter C. Baylies has become Vice-President. The office of
the Treasurer is now at Room 77, Devonshire Building, Boston.— V. 69, p. 1060.
Erie Telegraph & Telephone Co.— New Stock.— See Michigan Telephone Co. below.
New Acquisition. The Independent Company at Oshkosh,
Wis it is sta-ed, has been purchased, the enterprise having
proved a financial failure.
Stock Taken.— The under writers have taken up 30,000 shares
of the treasury stock at par ($100), which, with the 20,000
shares already subscribed for by the stockholders, will give
the company $5,000,0000 cash with which to make extensions
during the year and to extinguish the floating debt. The
total outstanding capital stock on Feb. 14 will be $10,000,000, full paid.— V. 70, p. 232, 178.
Fulton Coal Co.— New Stock The stockholders will vote
on April 11 on increasing the capital stock to $320,485.
Hartford Electric Light Co.— iVew; Stock.— On Feb. 13 the
stockholders will vote on a proposed increase of the capital
stock from $700,f00 to $1,050,000, the new stock to be allotted
to shareholders pro rata at par.— V. 70, p. 127.
Hudson RiTer (Bell) Telephone Co.— New Stock.— The
stockholders will vote March 1 on a proposition to increase
the capital stock from $2,000,000 to $3,0 0,000. Dividends of
5 per cent per annum are paid.
There are no bonds outstanding. The American Bell Telephone Co. owns a majority
of the stock.—V. 68, p. 1133.
Keystone Watch Case Co.— Consolidation Official Statement. An official statement says
The company was incorporated July 17, 1999, under the laws of
Pennsylvania, to manufacture and sell watch cases, watch movements, etc. It owns the business and plants formerly operated by the
Keystone Watch Case Co.. at 19th and Brown streets, Philadelphia,
Pa., and T. Zurbrugg Co., Riverside, N. J., with a combined capacity
of 3,500 watch cases per day. The plant at Philadelphia consists of
,
—
,
—
—
—
:
Brooklyn Wharf & Warehouse Co.— Receiver. —Justice three large six-story buildings, occupying nearly a block of ground,
a
plant at RiverDickey in the Supreme Court in Brooklyn, Monday, appointed with N.large lot, 50x300, upon which to extend. Thecovering a large
side,
J., consists of three and four-story buildings,
the United States Mortgage & Trust Co. as R-^ceiver for the block of ground. Both plants are fitted with their own steam and
Brooklyn Wharf & Warehouse Co. It was first intended to electric plants, etc. Selling offices are maintained in New York, Chihave Judge Fitzgerald of New York appoint the receiver, cago, San Francisco, London, England, and Frankfort, Germany.
Funded
floating
Hugh J. Grant being suggested for the position, but the incurreddebt, none; to time in debt, none, except that obligations are
from time
the active season.
Judge having substituted another person, the proceedings
Authorized capital stock, $1,100,000 common, and $2,200,000
were discontinued, but later resumed in Brooklyn with the preferred, of which outstanding $1,080,000 common and $2,160,000
preferred. The prelerred stock is entitled
non-onmulatlve
to
result stated.
dividends at the rate of 5 per cent per annum and to a preference
Earnings, Etc.— In the affidavits accompanying the peti- over the common stock in any distribution of the assets of the corpotion for a receiver W. B. Matteson avers that on information ration. The common stock to be entitled to so much only of the
obtained from directors of the company he learns that the profits remaining as the Board may determine to apply to dividends
in excess of 5 per cent in any year on the preferred stock.
income for the year ended Feb. 1, 1900, did not exceed $60iJ,First Dividend.
A dividend of 2}4 per cent on both stocks
000, while the annual interest on the first mortgage bonds
was $875,000; also that the company owes $345,401 18 taxes is payable Feb. 1.—V. 70, p. 78.
Lockport Oas & Electric Co.— Bonds Offered. This comdue in October, 1899, and, in addition to this has defaulted
in the payment of rent due on leased property. Arthur Turn- pany's new 5 per cent first mortgage bonds, though adverbull and Herbert C. Plass swear that they have appraised tised for sale by another firm, were all purchased in the first
the property, and that its value does not exceed $15,000,000. instance by Flagg & Worcester of 11 Pine Street, who offer
the same at 102 and interest. The loan is for $300,000, but
—V. 70, p. 232.
$70,000 of this is held by the trustee for future improvements
Calumet & Hecla Copper Mining Co.— Large Sale of and extensions. The company's annual output of gas is in
Copper.— The company has made a large sale of copper, excess of 20,000,000 cubic feet, of which 30 per cent is fuel
amounting to some millions of pounds, at a price stated as gas. Arrangements have recently been made to sell Niagara
over 16 cents per pound.— V, 69, p. 226.
power and the plant has been enlarged on that account. The
Cape Nome (Alaska) Electric Light & Telephone Co.— net earnings for the half-year ending Dec. 31, 1899, were
Stock Offered.— This company, organized under the laws of $16,249; interest charge entire year, $11,500. See also V. 70,
California, with $150,000 of capital stock (par value of shares p. 178.
$3) is offering for sale a portion of its stock at par. David Rich
Lynchburg ( Va.) Gas Co Successor Company. This comis President, 112 Montgomery Street, San Francisco.
pany filed articles of incorporation in Virginia Feb. 2. The
President
Consolidated (Jas Co. of New York Mr. Whitney's Inter- capital stock is $300,000, in shares of $100 each.
eat in Standard Oas Co.
William C. Whitney, who was Richard D. Apperson, of Staunton; Secretary and TreaS'
recently elected a director of this company, has, with associ- urer, F. H. Shelton, Philadelphia.— See V. 70, p. 233.
ates, purchased Mr. Sage's holdings in the Standard Gas Co.
Magnus Metal Co. Consolidation. This company was in(See that company below.)
corporated in New Jersey on July, 1899, to consolidate the
Scrip.— It is commonly believed that this company issued following concerns: Brady Metal Co., Buffalo Brass Co.,
its 4 per cent debenture scrip in payment for the ownership Fort Pitt Bronze Co., Stiles Metal Co. and the E. Blunt Manof the New York Gas & Electric Light, Heat & Power Co., ufacturing Co.
and that it was $2,000,000 of this debenture scrip (the old
Directors President, H. H. Hewitt Vice-President, J. E. French
issue, all told, having recently been only $1,477,000) which Secretary and Treasurer. M. S. Paine Gen. Chas. Miller, W. H. Sllverwas described as pledged as collateral for the Shea loan, thorue, J. B. Brady and N. H. Haberle.
obtained from the State Trust Co. (See also New York Gas
The authorized capital stock is $3,000,000, of which $1,500,000 is 8 per cent cumulative preferred. The present issue is
& Electric Light, Heat & Power Co. below.)
Papers Filed.— P&Tpera in the salt of the minority stock $1,000,000 of preferred and the same of common stock.
holders to have the recent election declared illegal were filed
Marsden Company. Annual Report. The annual report
on Mondav in the Supreme Court by George Alfred Lamb, of made public on Tuesday .shows sales of oelhilose aggregating
Lamb & Voss.- V. 70, p. 178, 137.
$25,5:J2 and of cattle feed aggregating $6,175, the operating
—
—
—
—
—
:
;
;
—
:
February
—
—
—
:
:
.
THE CHRONICLE.
10, 1900.]
283
owned by the United
expenses at the Owensboro plant being $46,134. The report
Bays: "Efforts to this time have been in the nature of demonstration, and that with the completion and operation of the
plants now under construction [at Peoria, 111., Linden, Ind.,
and West Point, Va.] the company will be placed on a commercial basis." On Dec. 31, 1899, the cash on hand was
1347,503 and the total available resources (adding value of
supplies, etc.) was 1550,575; accounts payable $37,098.— V. 68,
States Flour
understood, under its collateral
trust mortgage for $1,250,000. See that company below.
Philadelphia Electric Co.— Earnings.— See Pennsylvania
Manufacturing Light & Power Co.— V. 69, p. 1151,
National EDameling & Stamping Co.— Annual Meeting.
—The annual meeting was held on Feb. 6. For the first
eleven months of the company's existence [from Feb. 1, 1«99,
to Dec. 31, lb99,] its net profits as stated by Counsel Samuel
Untermyer were about $1,400,000, of which $490,563 was applied to dividends on the preferred stock, leaving a surplus
of $910,000. The question whether a dividend shall be paid
on the $14,043,100 common stock will not be determined until
The following facts
the accounts have been finally audited.
Resotirces.
The stock and notes
Milling Co. are pledged,
it is
Pennsylvania Manufacturing Light & Power Co.— .4nnual Meeting.— At the annual meeting, on Monday, President McCall submitted a report, showing, it is stated, income
p. 773.
from all companies for the year of $1,121,650. AfterpayMaritime Canal Co.— Treaty.— See Nicaragua Canal below. ment of fixed charges, including interest on Philadelphia
—V. 69, p. 1197.
Electric 5 per cent bonds and dividends on the stocks, there
Michigan (Bell) Teleplione Co.— Increase of Stock. -The is shown a surplus of $58,473.— V. 69, p. 797.
stockholders will vote Feb. 13 on a proposition to increase
Planters' Compress Co.— "Boston News Bureau" says
the authorized capital stock from $3,500,000 to $10,000,000.
The company has now received $500,000 through the sale of Its
The company is one of those controlled by the Erie Telegraph notes and $400,000 through the sale of machines and assets of the deof no
Planters' Compress
& Telephone Co., and the new stock will doubtless be used funct Texas business, a total of Co. and otner propertyfigured,present
will be
This, it is
$900,000.
value to the
in part to effect the purchase of independent companies in all the capital required until the company is on a self-sustaining
Michigan (see item regarding the Erie company in V. 70, basis, which, it is believed, will be aocomplished this year. The Plant15
The effort of the minority stockholders of ers' Compress Co. now has 340 cotton machines erected and about bep. 127, 178, 232).
it is
now been perfected,
Kalamazoo to prevent the sale hay machines. These machines havewill be able io secureand share of
the Mutual Telephone Co. of
its
lieved that this year the company
of the property to the Bell interests, it is stated, has been the cotton baling business, which it was unable to handle last year
abandoned and the property will be taken over Feb. 14. A owing to the delay In getting Its machines erected and In proper
the cotton season.
press dispatch yesterday from Grand Rapids said that Presi- working order before the close of
The Texas Planters' Compress Co. was wound up, owing to
dent Hill of the Muskegon Independent Telephone Co. has
Vice-President Pettingill of the the opposition of the Texas authorities, and there is talk of
signed a contract with
Erie Telephone system covering the transfer of the Inde- doing away with the other subsidiary concerns, the parent
pendent Company to the Erie system before the close of company to handle the business. The directors recently voted
to sell as well as to lease the machines.— V. 68, p. 1133.
the month.
C'onso/idaiion.— President Glidden of the Erie company
Real Estate Trnst Company.— The figures under "supplehas issued a circular to the stockholders of the Detroit and mentary" in the report of Dec. 31, in Chronicle of Jan. 27,
New State telephone companies recommending that the two were incorrectly transmitted from Albany. We correct the
properties be consolidated with the Michigan Company.
statement as below.
are of interest
The property of the St. Louis Tin Plate Co. waa taken over Bubjeot
to a mortgage for $400,000, and the plants of the American Stamping
Co. subject to a mortgage tor $200,000. Tlie liabilities, aside irom
these mortgages, on Dec. 31, 1899, aggregated about $850,000 At
the time of the organization of th« company it took over $1,800,000 of
merchaudiee and began Dusiness with $2,000,000 of cash. Oo December
31, 1893, its stock of merchandise amounted to upward of $3,400,000
and its accounts receivable were $780,000. The company has expended $995,000 in construction, most of which has been spent in
building a new steel and tin plate mill at St. Louis.
The preferred stock outstanding amounts to $7,658,600.
The New York office is at 83 Fulton St. President Fred'k
G. Niedringhaus; Secretary.
Jas. E.
lDgram.~V.
Wm.
H. Matthias; Treasurer,
68, p. 474.
writes us as follows:
The amount of stock authorized by the charter is $5,000,000, all
common stock, of which at the present lime there has been Issued for
the acquirement of the firms absorbed about $1,000,000. The balance
remains In the treasury for any legitimate use connected with the fish
business. Of the amount issued 75 per cent is in trust for a pei-iod of
three years, and all issues will be upon the same basis.— V. 70, p. 233.
Legislation.— The Massachusetts Senate on Feb. 2 passed the Engstrom order for an
investigation of the gas situation in Boston, with a view to
reducing the price of gas to consumers. The Haverhill Company was recently ordered to reduce its rate (see V. 70, p.
178), but it is stated will not comply with the order until
required by the courts.— V. 70, p. 133.
New Haven Electric Light Co.—-Consolidation. See
United Illuminating Co. below. V. 69, p. 1251.
New Haven Water Co.— Increase of Stock. The stockholders on Feb. 5 voted to increase the capital stock to such
an amount as may be necessary to effect the proposed enlargement of the system. The new issue, it is thought, will
not exceed $500,000.
New York Gas & Electric Light, Heat & Power Co.— Consolidatton. The company on Feb. 2 filed notice at Albany of
its formal merger with the following companies which for a
year or more had been controlled by it, viz.
North River Electric Light & Power Co., New York Heat. Light &
Power Co., Manhattan Lighting Co., Mt. Mori is Electric Light Co.,
Borough of Manhattan Electric Co. and Block Lighting & Power Co.
Co.
—
—
—
—
No. 1.-V.70, p. 86,40.
—
Nicaragua Canal. Treaty Signed. At Washington on
Feb. 5 the Hay-Pauncefote treaty, amending the ClaytonBulwer treaty of 1850 as to the construction of the Nicaragua canal, was signed by Secretary Hay, for the United
States, and Lord Pauncefote, for Great Britain.
Under the
new treaty Great Britain yields to the United States the
right to construct the Nicaragua canal, or a canal at any
other point on the isthmus, without British participation.
V. 69, p. 1197.
Northwestern Consolidated Milling Co.— Status.— The
plan for the reorganization of the United States Flour Milling
Co. states the capitalization of this company as follows:
CapUalization.
Total.
stock
$1,145,900
Preferred stock. 8 per cent
916,750
l8tmorr+ 6s, due 1911 (Int. from Jan. 1,1900)
765,000
Floating debt
525,000
Common
U.S. Oo. holds.
$1,14.'>,450
June
30,'99.
Dec. 31, '98.
$347,000
$304,000
$259,000
1,671,191
2,494,000
9,500
123,495
739,071
30,773
1,817,288
3,683,345
9,250
16.104
642,933
56,789
1,572,529
2,417,101
19,950
13,910
1,168,303
61,175
$5,415,032
$6,529,709
$5,511,968
$500,000
250,000
233,628
$500,000
250,000
218,765
$500,000
250,000
192,078
4,406,258
25,145
5,478,089
82,855
4,550,992
18,898
$5,415,032
Supplementary.
$283,975
Total am't profits during year
123,126
Int. credited dep's same per'd.
44,288
Exp. of institution same por'd.
40,000
Amt.of divs.decl'd, same per'd
Amt.of dep.on whichint.is all'd 4,325,340
1^ to4p.o.
Rate of interest
$6,529,709
$5,511,968
•$136,448
*54,822
•21,258
"20,000
5,372,545
$209,384
86,278
41,783
37,500
Stock invest's (market value)..
Amount loaned on collaterals.
A.m't loaned on pers'l securit's.
Cash on hand
Cash on deposit
Other assets
Tatal
LiabUilies.
Capitalstock
Surplus fund
Undivided profits
Deposits intrust
Other habiliiies
Total
*
National Fish Co. -Stock Jsstte.— Secretary N. D. Freeman
New England Gas & Coke
Dec. 31, '99.
Bonds and mortgages
For the six months only, Jan.
1 to
June
1 to 3 p.
0.
4,473,550
1 to 3 p. 0.
30.
Rocky Mountain Bell Telephone Co.— New Stock.— The
stockholders on Jan. 29 authorized the increase of the capital
stock from $1,000,000 to $2,500,000, par value of shares $100.
Part of the proceeds will be used to pay the cost of the line
now building from Ogden to Cheyenne. ^ Dividends of 6 per
cent per annum are paid. V. 69, p. 1305.
—
Safety Car Heating & Lighting (Pintsch Light) Co.—
Contract.— The company has made a contract with the New
York Central & Hudson River RR. for the erection of Pintsch
gas works at Albany, N. Y., and for the equipment of 434
more cars with the Pintsch light system. The New York
Central now has 1,032 cars equipped with the Pintsch light,
and the present contract will complete the equipment of the
cars in passenger service with the improved lighting apparatus.-V. 69, p. 1305.
Standard Gas Co. of New lork.—DepositstillFeh. 10.—The
Protective Committee requests the deposit of stock with the
Mercantile Trust Co. on or before Feb. 10 in exchange for
negotiable receipts, the stock itself to be held in trust to permit " concerted action." The committee already represents
more than a majority of the issue.
Mr. Sage's Holdings.— WiWisim. C. Whitney on Feb. 3
acknowledged that he and others associated with him " in
electric-light interests, and holding gas stocks as well," were
thepurchasersof Mr. Sage's Standard Gas stock. He says
he did not buy the Andrews stock, but it is thought that this
last may have been taken by interests with which he is now
closely allied. The impression is that events are shaping
themselves quite rapidly for a settlement of the gas difficulties on the basis of a common, or at least a friendly, control,
if not a full consolidation.— V. 70, p. 180, 86,
Standard Oil Co.- SO Per Cent Dividend.— The directors
on Tuesday declared a dividend of 20 per cent, payable
From 1891 to 1895 only
15 to stock of record Feb. 15.
12 per cent per annum was paid. Since 1895 the annual rate
has ranged from 30 to 33 per cent paid in quarterly instalments of varying amounts from 3 to 13 per cent. In March
last year only 6 per cent waa paid and in March, 1898, only 10
per cent.—V. 69, p. 1016.
March
United Illuminating Co. of New Haven, ^tc— Mortgage.
—The company has made a mortgage for $2,000,000 to the
New Haven Trust Co., as trustee, to secure 40-year gold
bonds of Feb. 1, 1900, with interest at 4 per cent. The comstock from
485,000 pany has also filed notice of increase of its capital
896,950
none.
—
:
——
THE CHRONICLE.
284
$350,000 to $1,000,000. The plan of consolidation has been
successfully consummated— see v. 69, p. 1252, 1198.
United Metals Selling' Co. Selling Agent for Amalga-
—
mated and Other Copper Companies, This company was incorporated in New Jersey on Jan. 29 with $5,000,000 of
authorized capital stock to take over the business of Lewisohn
Brothers as selling agents of mines said to represent upwards of 70 per cent (300,000,000 pounds) of the country's
total output of copper. The directors include representatives
of Lewisohn Brothers and the Amalgamated Copper Co.
and it is thought will presently also embrace other interests.
The directors are
:
William Rockefeller, Henry H. Rogers, Leonard Lewisohn, Adolph
Lewisohn and Charles O. Beaman.
The mines whose copper, it is thought, will be handled are
Tamarack, Isle Royale, Arcadian and Osceola Consolidated, mines of
Michigan
Amalgamated Copper (including Anaconda, Washoe, Parrott and
Colorado Smelting), Boston & Montana and Butte & Boston, Mines of
Montana.
United Verde, Old Dominion and Arizona Copper, mines of Arizona.
Utah Consolidated (Highland Boy) of Utah.
The men controlliDg the Amalgamated Copper Company,
it is supposed, own large amounts of stock in the Boston
Montana, the Butte
Boston and the Utah Consolidated
companies. The new company will have its offices in the
Bowling Green Building, on Broadway, opposite the Standard Oil Building. It is believed that the company will act
as a potent factor in steadying the price. The stock is all
common, in shares of $100 each.
:
&
&
United Oil Co. of Colorado.— CaiZed Bonds.— The followfirst mortgage bonds are called for payment on March 1,
ing
1900, viz., Nos. 71, 74, 77, 94, 98, 106, 111, 124, 128, 130, 140,
144, 154, 175 and 207. They will be paid at the Central Trust
Co.,
York. S. F. Rathvon is Treasurer.
New
United States Flour Milling Co.— Reorganization,—The
following have consented to act as a committee to readjust
the affairs of the corporation and to provide adequate working capital
Samuel Thomas, Chairman; Edwin Gould, J. Edward Simmons,
Warner Van Norden, Brayton Ives, Wm. Lanman Bull, Thos. A. McIntyre. Sullivan & Cromwell are counsel, and Geo. Wm. Ballon, 209
Produce Exchange Building, is Secretary to the Committee.
The committee request the stockholders and bondholders
to deposit their securities under an agreement with the
Metropolitan Trust Co., 37 Wall Street, New York City, on
or before Feb. 26, 1900. Negotiable trust certificates will be
issued for the deposited securities.
Plan. The plan provides that a new company shall be organized under the laws of New Jersey under the name
(probably) of the "Standard Flour Co.," to purchase the
properties of the present company and to issue the following new securities
First mortgage 30-year gold js, to be secured upon such
—
:
mills, capital stocks, etc., as
may
finally
be agreed upon,
including. It is proposed, all the property pled(;ed for the
old first mortgage bonds, and in addition thereto the
properties of the Northwestern Consolidated Milling Co.,
situated in the city of Minneapolis, either by the pledge
of its stock or by title in fee under the new mortgage,
total issue to be
$9,500,000
Of which reserved to retire underlying bonds, viz.:
Hecker-Jones-Jewell Milling Co. first m. (V. 69, p. 1010) 1,496,000
Northwestern Consolidated Milling Co. first mortgage..
765,000
As part consideration for [$6,004,000] old first mortgage
bonds of U. S. Flour Millintr Co
3,002,000
Reserved lor treasury and reorganization purposes
1 ,337,000
To be sold to present security holders
2,900,000
Preferred stock, 6 per cent nou-cumulative
10,000,000
Of which to be sold for purposes of the plan
1,801,200
As part consideration for U. 8. Flour Milling Ist 6s
3,002,000
Do
do)
pref. stock, $ for <$.
5,000,000
Reserved for treasury and reorganization purposes
196,800
Common stock....
3,500,000
In exchange for $3,500,000 old common, at 80 p. c
2,800,000
sold for purposes of the plan
700,000
The terms of exchange are as follows
Holders of
Pay
iLtid receive
old securities
cas/i.
1st HT.
Pref. stock. Com. stock.
1st M. per $1,000
$300
a $800
a $800
c $114
Pref. stock per $100
15
b 15
100
Common stock per $100. 10
b 10
80
To be
:
^
.
a Of this $300 as part consideration
b In return for the cash payment.
for the cash
payment.
c Part consideration for cash payment.
The plan provides $2,900,000 in cash to pay off all existing
floating debts of all the companies, and it is claimed, if
adopted, will insure the successful consummation of the
plans prevented by the tight money and the depression of industrial securities during the latter part of 1899. The cash re-
quirements are:
Collateral trust bonds of the U. S. Flour Milling Co., $859,000, part
of an issue of $1,250,000 (of which $391,000 pledged as coUateral),
secured, it is understood, by deposit of $896,950 of the $916,750 8
p. c. pref. stock and $1,145,450 of the $l,14.'i,900 common stock, as
also $485,000 notes of the Northwestern Consolidated Milling Co
floating debt U. 8. F. M. Co., $1,200,000; do H-JJ M. Co., $800.0o6!
N. Con. M. Co., $40,000: total, $2,899,000.
•
The discharge of floating indebtedness, it is stated, will
leave available for working capital cash assets of about $1,500,000, which, with the $1,000,000 or so of new first mortgage
bonds to be held in the treasury, it is thought will be
ample. The interest charges of the new company will be
$430,810, viz., $295,150 on $5,903,000 new first 5s and $135,660
on Istm. 6s of HJ-J Co. and N. Con. M. Co. Expert accountants place the average net earnings of the three properties at over $1 ,100,000.
See also Northwestern Consolidated
Milling Co. below. -V. 70, p. 180.
[Vol.
the listed department of the Philadelphia Stock
V.
Exchange.—
70, p. 229.
United States Rubber Co. Suits.—Snit has been brought
for $1,400,000 against the Joseph Banigan estate on the
ground that the value of the property of the Banigan
Rubber Co., when transferred to the United States Company,
was greatly over-stated. The Woonsocket Rubber Co., one
of the United States Rubber sub companies has brought a
similar suit to recover $300,000. The United States Company
has also brought suit against Geo. H. Hood, of Boston, to recover $1,000,000 damages, on the ground that Mr. Hood has
broken his agreement with the United States Co. by engaging in the rubber shoe business to the detriment of the
United States Co.—V. 69, p. 1106.
—
Tan Choate Electric Co. Receiver. Judge Lowell, in the
United States Circuit Court, has appointed James P. Prince
and Edward K. Price as receivers of the company. The company is a Maine corporation, owning a valuable manufacturing plant at Foxboro, Mass. The capital is $6,000,000, of
which $600,000 is preferred par value of shares, $10.
Virginia Electrical Ry. & Development Co.—Status.—
This company expects to begin, about March 1, 1900, "converting James River water power into electric power.
Initial capacity of plant 14,000 H.P."
Office, 1C06 East Main
Street, Richmond, Va.— V, 68, p. 234.
;
Western Union Telegrapti Co.— $20,000,000 Bonds for
The company has sold to Kuhn, Loeb &
Refunding, Etc.
—
Co. $10,000,000 of 50-year 4^ per cent gold bonds, part of an
issue of $20,000,000, to be known as " funding,and real estate
mortgage bonds." The issue will provide for the $6,800,000
of 6s and 7s due this year and in 1902, and also for construction, etc. The new bonds will be secured upon real
estate in New York and Chicago, and in case a mortgage
shall hereafter be placed upon any portion of the company's
system, they are to be given a prior lien thereunder. Of the
new bonds, $10,0'CO,000 remain in the treasury.— V. 70, p. 87.
Xenia (0.) Electric Liglit Heat & Power Co.— At the sale
Jan. 24 the property was bought in for $4,000 by the company itself. This is the outcome of a suit brought by the
Commercial Electric Supply Co.
—
&
Brown Brothers
Co., of New York, Philadelphia and
Boston, offer to investors by subscription $13,635,000 of the
first general mortgage 4 per cent gold bonds of the United
Railways Company of St. Louis, interest on the bonds being
guaranteed by the St. Louis Transit Company, lessee.
The bonds are offered for sale at 923>^ and accrued interest,
payable on Feb. 19, when the bonds will be ready for delivery. The total amount of the mortgage is $45,000,000, of
which $14,000,000 are reserved for underlying divisional
liens and $8,000,000 for acquisitions, betterments and improvements, leaving $23,000,000 as the present issue, of which $9,375,000 has been sold at private sale. The United Railways
Company of St. Louis controls all the street railway systems
in St. Louis excepting the St. Louis
Suburban System.
The total mileage of the company in operation, under construction and authorized aggregates 436-65 miles.
Statements issued by Haskins
Sells, certified public accountants, for the year ended June 30 last, show that the
companies now united earned in the aggregate, while independently operated, $266,882 in excess of all fixed charges,
including the interest on $23,000,000 4 per cent bonds. It is
also shown that the St. Louis Transit Company, lessee, for
the six months ended December 31 last, showed a surplus of
$188,346 over fixed charges, including the interest on this
large amount of work in the consolidation
issue of bonds.
of power and the transformation of cable to electric traction
is now under way, but until it is completed the full benefit
of the economies resulting therefrom will not appear in the
net earnings. The mortgage is directly secured by properties
subject to divisional liens bearing from 5 to 7 per cent interest, and amounting to a total of $13,980,100, of which
$5,003,100 can be retired within the next two years, with an
annual saving in interest of $54,623 when replaced by 4 per
Subscription books will be opened at the
cent bonds.
bankers' offices on Wednesday, Feb. 14, at 10 a. m,, and close
the same day at 3 p. M. or earlier. The bonds will also be
issued in Baltimore by Alex. Brown & Sons, and subscriptions
will be received by Whitaker & Hodgman, St. Louis; Louisville
Mayer, Cincinnati;
Trust Co., Louisville; Seasongood
Cleveland Trust Co., Cleveland; Mason, Lewis
Co. Chicago;
&
&
A
&
&
,
Union Trust Co., Detroit.
The Equitable Life Assurance Society statement shows
income for the year,
outstanding insurance, $1,054,416,422
—
;
$53,878,200; assets, $280,191,286.
Attention is called to the offering at 105 and interest of
$1,000,000 State of Jalisco, Mexico, 6 per cent 30-year gold
bonds. The bonds are issued for enlarging the water-works
and other improvements in the city of G-uadalajara, the
capital city of the State of Jalisco. Particulars regarding
the offering are given at length in the advertisement in
—
another column.
The bankers,
Messrs. Gteo. D.
Cook Co.
and Mason, Lewis & Co., with offices in New York, Chicago
and Boston, invite correspondence in reference to these
bonds.
—The annual statement of the Mutual Life Insurance Co.,
of New York is published in another column. The income
of the year was $58,890,077 payments were $38,597,480. Th©
The inassets of the company now stand at $301,844,537.
surance and annuities in force are $1,052,665,211.
:
United States Pneumatic Horse Collar Co.— Listed in
Philadelphia.—The company's stock has been admitted to
LXX.
.
:
February
THE CHKONICLE.
10, 1900.]
286
COTTON.
Friday Nioht, February 9, 1900.
The Movement op the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
COMMERCIAL EPITOME.
Friday Night, February
9, 1900,
evening the total receipts have reached 212,421 bales,
against 217,451 bales last week and 167,249 bales the previous
week, making the total receipts since the 1st of Sept., 1899,
4,974,060 bales, against 6,980,614 bales for the same period of
1898-9, showinga decrease since Sep.l, 1899, of 2,006,554 bales.
this
The tenor of the trade reports has been largely of the
same character as has been noted from week to week for
some time past. With comparatively few exceptions busiBeeeipU at—
ness conditions have been satisfactory and prices in the main
in staple products has been Oalveston
have favored sellers. The feature
Sab. Pass, &o.
a sharp advance in cotton values, prices reaching the highest
New Orleans...
point touched for several years past. Advices from the seat
Mobile. ........
of war in South Africa early in the week were of a somewhat
Mon.
Sat.
Wed.
Tue$.
4,912 14,535
TKur$.
4,443
6,959 12,009
513
2,068
896
954
9,146
5.938
4,031
2,092
Pensaoola, &o.
more favorable character to the British forces, but later un- Savannah
An event of the Brunsw'k.&C.
oflBcial reports were not so encouraging.
week has been the action of England in consenting to a Charleston
new
treaty,
leaving
Nicaragua
the proposed
canal
ex-
clusively under American
Lard on the spot has had a slightly better si-le, as both exporters and refiners have been more active buyers; prices
control.
have advanced, but the close was at a slight reaction at
6-40c. for primeWestern and 6@6-05c. for prime City. Refined
lard has been firmer but quiet, closing at 6*60c. for refined
Speculation in lard for future delivery
for the Continent.
has been fairly active and prices have advanced on buying
for investment account, stimulated by comparatively light
receipts of swine. The close was quiet,
DAILY CLOSING PRICES OF LAKD FDTIIKES.
Fri.
Wed. Thura.
Mon. Tues.
Sat.
6*30
February
Pork has been in
6-35
fairly active
640
demand
6-37
642
6 40
and firmer, closing
at $10 75@11 25 for mess, $13 00@13 50 for family and $12 00@
13 50 for clear. Cat meats have advanced, but at the higher
prices business has been dull, the close being at 6c. for pickled
shoulders, 9%@'i.0}4G. for pickled hams and 6^@7c. for pickled
Beef has been firm but quiet,
bellies, 14@10 lbs. average.
closing at $10 00@10 50 for mess, 110 50@12 00 for packet,
$1100@13 00 for family and $17 50@19 00 for extra India
mess. Tallow has been in fair demand and prices have advanced, closing at 53^c. Lard stearine has been firmer, closing at 7%c. for prime City. Oleo-stearine has been quiet,
closing at 6 J^c. Cotton-seed oil has been sparingly offered
and prices have advanced, closing firm at 38@38i^c. for
rime yellow. Butter has been in only moderate demand,
E
ut offerings have been limited and prices have held firm at
21@26c. for creamery. Cheese has had a fair sale, and the
close was firm at 10@13c. for State factory, full cream. Fresh
eggs closed closed firm and higher at IG^^c. for prime Western.
Brazil grades of coffee have been in active demand at
higher prices. The steadily improving statistical position,
good trade reports and firmer foreign advices have been the
stimulating factors. The close was firm at 8JsC. for Rio No. 7.
West India growths have been in fairly active demand and
firm, closing at ll@113^c. for good Cucuta. East India
growths have been firm and higher for the low grades.
Speculation in the market for contracts has been fairly active
on general buying, and prices have advanced, owing to'the
absence of aggressive selling. Final asking prices were
7-650.
7-300. July
7*55o. Oct
Feb..
48,143
9,723
67,878
6,667
9,146
41,800
4,031
10,149
7,428
9,723
7,939 10,053
9,752
7,073
10,341 10,577
849 1,387
Total.
Fri.
5,622
5,277
9,112
8,514
7,337
1,582
1,503
2,845
361
1,768
1,582
787
906
461
1,170
1,539
3,551
3,079
1,134
2,164
49
14
593
35
993
Pt. Royal,&o.
Wilmington....
Wash'ton, «ko.
Norfolk
N'p't News, Ac.
New York
746
207
641
Boston.........
Baltlinore
Phlladel'a. <bo..
300
13,373
791
50
791
148
27
3,180
576
827
576
112
304
50
61
5,962
1,056
27
1,906
week 27,368 37,885 32,887 33,655! 26,743 53.883 212,421
The following shows the week's total receipts,the total since
Sept.l, 1899, and the stock to-night, compared with last year.
Tot. this
This
week.
Since Sep.
1, 1899.
Thi$
week.
Stock.
1898-1899.
1899-1900.
BeeeiptB to
KVh Q
Since Sep.
1, 1898.
1899.
1900.
189,223
137,460
418,772
39,769
455,454
31,852
136,639
4,108
25,608
60,435
10,508
18,335
16,223
16,339
45,391
6,502
117,840
43,000
14,908
8,383
37,663
212,421 4,974,060 126,479 6,980,614 1,066,366
950,342
48,143 1,454,972
68,200
9,723
New Orleans 57,878 1,341,194
MobUe
6,667 160,135
P'saoola, &o.
9,146 105,916
Savannah... 41,800 818,474
81,936
Br'wlok,&o.
4,031
202,401
Charleston.. 10,149
1,212
P.Boyal,&o.
5,962 235,558
Wilmington.
740
27
Wash'n, Ac.
Norfolk
13,373 301,767
21,624
791
N'port N.,&c
22,413
148
New York...
59,642
3,180
Boston......
576
64,760
Baltimore .
33,116
827
Philadel.&o.
Galveston...
Sab. P., &o.
Totals
28,033 2,051,278
1,563
67,071
36,198 1,705,934
5,042 220,770
160,097
1,765
15,459 954,502
256,561
3,018
2,477 339,991
23,148
5
1,486 284,847
1,279
18
11,783 513,097
21,767
478
74,877
3,059
13,943 247,627
26,160
176
31,608
1,997
In order that comparison may be made with other years,
totals at leading ports for six seasons.
we give below the
Beceipti
at—
1897
1898.
1899.
1900.
1896.
Chas'ton, &o.
57,866
67,878
6,667
41,800
10,149
7-700.
7-750.
Wllm'ton, &o
Norfolk
5,989
13,373
Raw sugars have been in moderate demand, offerings have
been light and prices have been firmer, closing at 4V^c, for
N. News, &c.
All others...
791
478
346
347
17,908
23,958
30,939
15,468
19,482
38,082
4,082
13,865
5,159
1,700
8,697
1,376
14,003
wk. 212,421
126,479
200,866
119,423
106,446
March
7-30o.
May
Aug
7-4.50.
Sept
centrifugals, 96-deg, test,
7-600.
7'65o.
and
4c. for
Nov
Deo
muscovado, 89-deg.
Galves'n.&o.
New Orleans
MobUe
Savannah...
Tot. this
Sumatra.
Straits tin has been in moderately active demand and
higher on stronger foreign advices. The close was quiet at
29-75c.
Ingot copper has been quiet and prices have been
easier, closing at 16^^c. for Lake.
Lead has been quiet but
steady at 4'70@4-80c. for domestic. Spelter has been steady
at unchanged prices, closing at 4*75@4'80c. for domestic. Pig
iron has continued in fair demand and firm at $19 50@24 00
for domestic.
Refined petroleum has been unchanged, closing at 9'90c. in
bbls., 7*35c. in bulk and 11-lOc. incases.
Naphtha un-
Crude certificates have been neglected.
Credit balances have been unchanged at $1 68. Spirits turpentine has further advanced, closing firm at 56@56^c.
Rosins have been in more active demand and higher, closing
at tl 673^@1 70 for common and good strained. Wool has
been firm at unchanged prices. Hops have been quiet and
easy.
10-65c.
33,341
32.929
7,930
12,118
5,597
2,951
8,742
40,126
74,275
10,849
22,146
8,643
3,829
9,713
1895.
22,855
53,977
2,048
13,119
16,013
1,138
3,441
3,700
16,698
132,989
Since Sept. 1 4974,060 6980,614 7011,853 5770,880 4255,157 6506,452
The exports for the week ending this evening reach a total
of 151,599 bales, of which 40,422 were to Great Britain, 22,049
to France and 89,128 to the rest of the Continent. Below
are the exports for the week and since Sept. 1, 1899.
Week Bndint Feb. 9,
Exported to—
;
changed at
29,595
36,198
5,042
15,469
2,482
1,484
11,783
test.
Refined sugar has been firm but quiet at 5c. net for granulated.
Owing to the slow demand there has been a temporary shutting down of some of the refineries. Spices have
been firmer. Teas have been steady.
Kentucky tobacco has been in fair demand and firm. Seed
leaf tobacco has been in moderately active demand and firm.
Sales for the week include 200 cases 1898 crop, Pennsylvania
domestic seed, 10@13c. 75 cases 1898 crop, Zimmers, 16@17c,;
75 cases 1898 crop New England domestic seed, 30® 35c.; 200
cases 1898 crop, Pennsylvania Havana seed, ll@12c.; 150
cases 1898 crop, Wisconsin Havana seed, 9i^@133., and 150
cases sundries, 6@16c.; also 2,500 bales Havana and 150 bales
96
99,201
45.000
27,063
10,966
Mmporti
from—
Oreat
France
Brit'n.
Qalveston....
Sab. Pass, &c.
New Orleant.
11,297
Conti-
nent.
1900.
lotal
From
Sept.
Great
1,
1899, to Feb. 9, 1800.
Exported to—
France
Week. Britain.
12,948
9,091
33,336
8,627
7.741
8,627
6.597
459,546 807,301
8,319
374.333 159,584
65,552
34,728 13,742
111,933 34,848
33,070
38,894
Pensaoola....
3,919
L 5,079
Savannah
5.420
19,424
29,820
7,319
8,998
24.814
Charleston...
Port Royal...
6,692
6.692
WilmlnKton..
Norfolk
5,'400
5.200
23,774
950
950
17,635
7,468
250
10.878
2,616
6.853
6.358
6,510
73,158
54,937
22,804
6,162
1,497
1,482
15,48-2
7,319
Uoblle
Bninswlck
. .
N'port N.. &o.
York....
New
1.650
Boston
Baltimore
2,305
Philadelphia.
San Fran., &o.
Total
Total, 1898-09.
1,360
89
21.216
929
Continent.
2otai.
817.688 1,116,035
39,125
47.474
370.674 904,491
20,693
86,245
40.827
89,297
307.006 453,787
15,625
48.695
90.878 139,773
208,202
3,236
1,494
73,210
I.IPO
51,171
231,976
20,871
8,004
167,634
56.127
74,904
94,448
96,930
1,497
40,422
22.019
151,599 1.328,202 538,120 1.866,367 8.531,689
74,930
19.238
172.417 2,840,611 617,674 2,091.781 5.550.006
g
.
P1
«
..
THE CHKONICLE.
286
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
cleared, at the ports named.
add similar figures for
New York, which are prepared for our special use by Messrs.
Lambert & Barrows. Produce Exchange Building.
Futures.
Futures at
We
ON 8HIPBOAKD, NOT OliBABBD FOB—
Ig q o
w ><»>
Other
Britain. France. Foreign
Qreat
wite.
4,136
2,838
366,142
133,111
119,639
22,908
24,769
22,391
115,140
76,124
g g o g ^ o g o o g 3 o g g o g M os^ S oS? H
I
I
None.
700
None.
20,000
None.
None.
52,630
56,112
17,000
2,700
15,000
23,000
2,700
17,000
Total 1900.
69,932
311
88,225
27,674
186,142
Total 1899.
Total 1898.
50,92.'>
1S.138 92,093 46,033
36,914 118,211 18,480
207,189
.
I
.
h:
<
.
.
.
•
I
H
1
01}
I
o»
05
•
I
3 »
>•
•
:
<
•
:
:
'
I
I
§
I
Speculation in cotton for future delivery has been active
at a fairly sharp advance in prices. Cotton at the South
is now selling at the highest figures touched for several years
past.
The strength of the market has come largely from
abroad. The strength of the statistical position and the
favorable condition of trade in Manchester and improved
conditions on the Continent have had a tendency to turn
the sentiment of the European trade decidedly bullish.
Active buying for foreign account, part'cularly for the
Continent, has been a prominent feature of the trading in
the local market throughout the week. Exporteis have reported an active demand for cotton at the Sjuth and at
rapidly advancing prices shipments from the ports, however, have been retarded to a considerable extent, owing to
the scarcity of ocean freight room. The crop movement has
continued fairly heavy, but as a rule the trade place no sig
nificance in the increased receipts, still claiming that they
will come to an abrupt end in the near future. The advance
in the new- crop deliveries has been as pronounced as for the
present crop, and will prove to be, it is claimed by many of
the local trade, a further incentive to the South to plant a
large acreage for the next crop. To-day there was an active
and unsettled market. The opening was higher in response
to stronger toreign advices.
Immediately following the
local opening, however, the Liverpool market weakened and
Of
I
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to in
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to
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bOC<3
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to to
09 00
10 to
to to
0000
toco
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oto
oo
0000
coco
or 00
00 00
op 00
cot^
COM
CO to
05 to
tOl^
I
00 00
e>bco
CXJtO
coco
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00-^
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and
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^
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I
743,153
263 873 1,027,065
(OK)
I
too
vi^a
I
I
90,268
•
2og
S-S!
as
«
tstn
M-
380,224
Other ports..
37,084
29,441
12,000
None.
None.
None.
1,700
8,000
New York
of
Total.
311
None.
None.
None.
None.
None.
None.
None.
. .
highest, lowest and closing prices
are shown in the following table.
1
11,099
23,833
5,000
2,000
15,000
3,000
1,000
9,000
Orleans.
Galveston
Bavannali
Charleston
Mobile
Norfolk
— The
itoek.
Ooatt-
LXX.
[Vol.
New York
Leavint
Feb. 9 at
New
.
^
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€)
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prompted free selling locally, under which prices broke
oo
00
00
op
19@24 points. Part of this loss was recovered later in the
CO
If
CO
w
w
If
If
day on buying by local bull operators. The close was steady
to
o
00
o
to
to
to
at a net loss in price for the day of 8@11 pointp. Cotton on
The Visible supply of Cotton to-night, as made up by
the spot has been firm and higher; prices were advanced
l-16c. on Saturday, %'i. on Taesday and Wednesday and cable and telegraph, is as follows. Continental stocks, as well
l-16c. on Thursday.
The close was quiet and 1-16q. lower, at as those for Q-reat Britain and the afloat, are this week's returns, and consequently all European figures are brought down
8 9-16c. for middling uplands.
On the basis of the rates on and off middling as established to Thursday evening. But to make the total the complete
by the Eevision Committee, the prices for a few of the figures for to-night (Feb. 9), we add the item of exports from
the United States, including in it the exports of Friday only,
grades would be as follows:
I
I
this
UPLANDS.
Sat.
Good Ordinary.
7H
Middling
Good Middling.
Fair...
GULF.
7H
7'8
85,6
858
91l6
Low Middling..
Middling
nfon Tnes
7 '8
85l8
SBg
9iie
Sat.
Good Ordinary.
Middling..
Middling Fair..
8 '^8
9°,6
9'',fi
Low Middling
Middling
Btrict Middling
Good Middling Tinged.
Mon Tnes
615l6
7''8
81,6
85ie
713,8
87,
8V
93l6
9Sa
7^
838
8
3^e
918
l¥ed Tb. Frl.
71,6
73l6
8l8
8
81,6
8Bi«
Th. Frl.
838
813,„
9^8
99.6
9
Sat.
961,
7^
768
8I4
8iii«
95, fl
STAINED.
938
858
Mon Tnes Wed
8>«
8«.«
«''8
815,6
9i 6
8*16
89,6
93,6
7ifl
8«,«
Good
«''8
713
8l8
8«18
8 '8
8i8
H\
8l8
Tb. Frl.
7»«
738
8
8^16
7»fl
Low Middling..
Middling
Tl^ed
83[6
87,6
85,
89,fl
714
83|g
838
858
73ifl
8l8
80,6
89,
The quotations for middling upland at New York on
Feb. 9 for each of the past 32 years have been as follows,
1900
c. 89,6
1892. ...0. 73,8
1884. ...0.10%
1876....c.]2l5,6
1899
1898
1897
1896
1895
1894
1893
e^ia
6I4
714
8I4
558
7»5,e
9k
1891
1890
1889
1888
1887
1886
1885
1883
1882
1881
1880
1879
1878
1877
9>4
113,8
1018
lOSg
9»fl
91,6
Ills
1014
1134
HI18
13
99ie
11
12''8
1875
1874
1873
1872
1871
1870
1869
1589
16
2118
23
I514
2514
3014
MARKET AND SALES.
The total sales of cotton on the spot each day during the
week are indicated in the following statement. For the
convenience of the reader we also add columns which show
at a glance how the market for spots and futures closed on
same days.
Spot Market
Closed.
Saturday.. Q't&sl'y, ijgad
Monday..- ;Meady
Tuesday . Steady at ^ ad
Wednesday yulet at le adv.
Thursday.. 8 toady at i,6 ad
Friday
Quiet at iifl dec
. .
Total....
Futures
Market
Closed.
Sales of Spot
Ex-
Oon-
Con-
port.
sump.
tract.
39
3,300
Firm
steady
Irrog.
^
^
I
I
I
I
'
1,114
310
Total.
39
4,414
181
& st'y.
310
181
1,6441
4.944
Steady
3,300
®
I
I
1897.
1898.
1899.
1900.
Stock at Liverpool
bales. 640.000 1,754,000 1,140,000 1,370,000
7,000
3,000
Stock at London
4,000
2,000
Total Great Britain stock. 642,000 1,758,000 l,14a,000 1,377,000
20,000
7,000
Stock at Hamburg
21,000
19,000
Stock at Bremen
238,000 *401,000 324,000 226,000
7.000
3,000
3,000
Stock at Amsterdam
2,000
30O
200
300
Stock at Rotterdam....
300
10,000
7,000
9,000
Stock at Antwerp
5,000
Stock at Havre
256,000 335,000 260,000 240,000
5,000
4,000
4.000
4,000
Stock at Marseilles
57,000
68,000
48,000
Stock at Barcelona
80,000
53,000
39,000
44,000
56,000
Stock at Genoa
15,000
5,000
11,000
3,000
Stock at Trieste
Total Continental stocks.. ns>i:300 888.200 717,300 633.300
Tetal European stocks... .1,2^3,300 2,«46,',J00 l,86u,300 2,010,300
94,000
50,000
90,000
India cotton afloat for Europe
24,000
Amer. cotton afloat for E'rope. 520,000 634,000 613,000 420,000
42,000
60,000
36,000
62,000
Egypt, Brazil,&c. aflt.f or E'pe
Stock In United States ports.. 1,066,366 950,342 1,290,938 1,000,303
Stock in U. 8. interior towns.. 656,649 531,000 558,555 429,o94
15,909
24,665
10.04 9
31.020
United States exports to-day..
Total visible supply
3,632,364 4,918,562 4,457.458 4,011,606
Of the above, totals of American and other descriptions are as foUows:
'
,
American—
524,000 1,637,000 1,015,000 1,209,000
623,000 839.000 682,000 568,000
520,000 634,000 613,000 420,000
American afloat for Europe.
1,066,366 950,342 1,290,938 1,000,308
United States stock
United States Interior stocks. 656.649 531,000 553,555 429,094
15,909
24,665
10,049
31,020
United States exports to-day..
3,400,064 4,622,362 4,184,lo8 8,642,306
Total American
East Indian, Brazil, <tc.—
116.000 117,000 125.000 161,000
Uverpool stock
7,000
2,000
4,000
3,000
London stock
65,300
28,300
49,200
35,300
Continental stocks
94,000
24,000
90,000
50,000
India afloat lor Europe
42,000
62,000
36,000
60,000
Egypt, Brazil, Ac. afloat
232,300 296.200 273,300 369,300
Total East India, &o
3,400,064 4,622,362 4,184.158 3,642,306
Total American
Total visible supply
3,632,364 4,918,562 4,457,458 4,011.606
3ii32d.
3ii32'l'
Ss^od.
Middling Upland, Liverpool..
S-^xs*'
"" "
6I40.
78 ec.
Middling Upland, New York.
Ss'ieo.
67, ^0.
4i4d.
67,6d.
83 ..d.
Egypt Good Brown, Liverpool
S^ied.
66,. d.
7ifld.
6'8d.
6%d.
Peruv. Rough Good, Liverpool
3784.
3i332d.
33301.
5d.
Broach Fine, Liverpool
3W334.
4^d
3 i4d.
3»«cL
Tlnnevelly Good, Liverpool.
Stock corrected last year In February.
j^~ Imports into Continental ports week, 59,000 bales.
The above figures indicate a decrease in the cotton in
sight to-night of 1,286.198 bales as compared with the same
date of 1899, a loss of 825,094 bales from the corresponding
date of 1898 and a decline of 379.242 bales from 1897.
Li verpool stock
bales
Continental stocks
. .
"
.
lrreg.& easy
Steady
& Contract
^
.
—
.
;
Febrpary
—
;
THE CHRONICLE.
10, 1900.]
At the Interior Towns
the
—
movement that is the receipts
week and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1898— is set out in detail below.
for the
S*
'='&'='
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-
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o
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o
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8
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sal
oca
I
.
E2
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a;
:
f-c
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*
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O
Mobile
Savannah..
Charleston.
>
Wilmington.
Norfolk
Boston
Baltimore
c
W
.
:>
SB
C^
.
00
>
%XM
Philadelphia
Augusta
I
Memphis
to
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h-&
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ifc'to 0)*co Qo"i-'"t-'
CO 00
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it-
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Houston
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C^
05
O W
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*k f" U" CC
W 05 O W CO *- *- CC »J W I- 00 W >- to 00 o
to to <1 M
«4 to M CO
OIWOO — COOC if'-OOOiOt-'MWWcyiP'lKCCO*^
to W to —
Ifc
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ifc
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w
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to
to
to
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'o5
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05
M"*woD~'«»c;ip->05
o — «<•-' 1^
T^i^!^P
05"c;<w«'ceo«'QOQc—*T
— <icccccoM05t:Mtoo5F-c;>05©c;iK^*'C*3*qH'to*'Owo — tf'-Oi-'
i^<»'O05 — c;<uit;<M<ioto©©U' — toQowQoiF')-'c;<coo — CO — ©toQo
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tn
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00
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05
8
83i6
T'a
8
§T'8
9^
83,a
778
7-^8
7S8
i^,'8
838
8
838
8k
at other
important
8I4
81,6
8
8
I
Columbus.Mlss
Eufaula
Rock
Little
|
Montgomery...
Sk
Nashville
7'8
8>8
Natchez
8ifl
7''8
Raleigh
Shreveport
8I4
711,6
814
—
QO
01 — 10 —
— 01 — k-to*'- W MMt-'it'.
— OVcntOOOCn — i(^M©Ol-'aOi^©tOMOCOOi^
w — tjooDOoc»:MWMoicoc<3toi-'Mw>i*».cDOtoc;>Mi(i-co(rifktaa505©
©c;i05C»co^w<]to-j — i(^ao(f'tOH-'0'005toooooooo5ie>'tO(»©w —
—
©OOOOOOO
fl-'l9
Galveston, Tfa^as.— Rain has fallen on three days of the
week, to the extent of six hundredths of an inch. Average
thermometer 46, highest 66, lowest 32.
Abilene. Texas. There has been rain on two days of the
week, to the extent of fifty-two hundredths of an inch. The
thermometer has averaged 46, the highest being 72 and the
lO.
If^
§i^l«
85,6
past.
—
*»
— tOM tO<l*-OI*>'MC;<C— *> Oi Ol W 05 M 0> CO »J O'
» 05
»1 O ti — ©
W — 00 CO 05 05 en ^i_tO W — 05 W C *» <l ©;-J P
tn^EGoVViffiViaooibD'iooo wenVw^CKOWojcB w'too— lo"^
M00005<ltOOtO — CnOQOtOOlll'lt' — CnOtO©(f'OtOCOCOO>*'05C —
M 00- — ©it^wiC'Ccoacocnif^toMaMtoo — ootooDwoiwcc — (X)i^
o
-J-aXOD —
00
§^
858
8'8
838
Weather Reports by Telegraph.— Reports to us by
telegraph from the South this evening indicate that the
temperature has been higher, as a rule, the past week, with
rain in about all localities. Oar Montgomery, Ala., correspondent states that many influential planters will give
less acreage to cotton this year and pay more attention to
diversification of crops. Meridian, Miss,, advices are to the
effect that about all the cotton at interior markets in that
vicinity has been disposed of for export, and that plantations
and small towns hold smaller stocks than for many years
I-"
05)
l>
858
§v«
8l8
788
Atlanta
Charlotte
(OOtSOOOVIO'-'^COI-'^ltOO'OO — tOtO«t005^a>ie.^COO*'tOO
0a0'WOI-'0;O<l»Jt0CjSWC0t0©C^ WQOC»3»JOWWr-tOCOOsCD05COOO
5;
*35
83,3
H38
1^8
8I3
S
8I9
Athens
h- to
toT-*
85n
i'*
8
8»a
8
.h. .fv ....
CO
!
85lfl
838
8I4
The closing quotations to-day (Friday)
If'
o
w
CO
05
00
85,8
85,6
81,6
Southern markets were as follows.
O CO W M CO |U 0>
OO
M COj-J U> W_0 00
"^ '^-»^»'^"*.*^^«^'Xv7wi
FH.
8H
SI'
IH
8
ON—
Ttvurt.
i«
7''8
Columbus. Qa.
» •"•_"> "•_•«•
83ia
IH
f I05 00 W
to
>-•
tf'
.
Louisville...
«>3o<5i05lf'0505Mt0lf'OQ0MM->4M<kQ0<aWWlf'CC<l^l-'«H005C0
lues.
7'^8
7''8
Louis
Wednet.
Mon.
Satur.
New Orleans
o
eoB
OLOSINO QnOTATIOMS FOB HIDDLIHa OOTTOM
Galveston,..
Vf
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.
Week ^.ndino
Feb. 9
&5'5 5bcI^5
3
..
.
lowest
20,
Corpus Christi, Texas.— We have had showers on two days
of the week, to the extent of fourteen hundredths of an inch.
CO
-JMI—to
M
to
— W—
© to'^to;
The thermometer has averaged 55, ranging from 34 to 76.
MWjJwppM<i oiWMpc;<©Mpwwip —
to*'
p to '<jlo'<i't;iVi'o'<i*o w'cc'co'cjt'oiao"**! OD'to'<l © 05'*>.
"00 00 iP-wlo
Palestine, Texas. — It has rained to the extent of forty hunM 5.
w 'to
tnocotso- -Jm; ©c»o'woo^*>.<icc>cnta — — towcno^l wqdoo
dredths ot an inch on two days during the past week. The
•*
— 00 MtOi 050C;'tO»' 005C;iC;'COOD<l'X>XlU>OOi«'tOtOWtO
05 to
has ranged from 23 to 72, averaging 47,
The above totals show that the interior stocks have de- thermometer
San Antonio, Texas. Rain has fallen on thr^e days of the
creased during the week 36,381 bales, and are to-night 125,649
week, to the extent of twenty- six hundredths of an inch.
bales more than at same period last year. The receipts at all
Average thermometer 51, highest 74 and lowest 2±
towns have been 32,031 bales more than same week last year.
New Orleans, Louisiana. — We have had rain on three days
Overland Movement for the Week and Since Sept. 1.— of the week, the rainfall reaching ninety-three hundredths
We give below a statement showing the overland movement of an iccb. The thermometer has averaged 61.
for the week and since Sept. 1, as made up from telegraphic
Shreveport, Louisiana. There has been rain on [four days
reports Friday night.
The results for the week ending during the past week, the rainfall reaching eighty hunFeb, 9 and since Sept. 1 in the last two years are as follows.
dredths of an inch. The thermometer has averaged 57, ranging from 33 to 74.
1898-1899.
1899-1900.
Columbus, Mississippi. We have had rain on two days of
February 9.
Since
Since
the week, the precipitation being one inch and sixty-fi.ve
Week. Sept. 1.
Week. Sept. 1.
hundredths. The thermometer has ranged from 30 to 76,
•-'
;
:
:
;
•
Q(j
—
—
—
ahipped—
Via St. LoalB...... .............
Via Cairo
Via Paduoali. ....... ............
Via Book Island
Via Louisville
Via Cincinnati
Vlaother rontAS. &o
.......
Total KrosB overland.... .....
Dednet shipmenti—
Overland to N. Y., Boston, dko.
19.013
8,781
249
250
3,621
2,018
9,792
634.368 22,320
7,134
164,534
602
9.085
200
11,418
IPO.247
4,295
109.341
6,420
203,473
4,709
717,887
323,129
13,952
39,828
127,482
110.472
109,261
43,724 1.311,466 45.680 1,442,011
4,731
4,791
1.659
179,931 19,175
1,P69
62,430
3,140
65.818
380,272
26,230
41,577
Totaltobe deducted.........
11,081
308,179 24,184
448,079
Leaving total net overland*..
32,643 1.003.287 21,496
993.932
Between Interior towns
Inland, &o., from Soatb
movement bv rail to Canada.
The foregoing shows that the week's net overland movement
this year has been 32,643 bales, against 21,496 bales for the
week in 1899, and that for the season to date the aggregate net
overland exhibits an excess from a year ago of 9,355 bales.
*
Including
1898-1899.
1899-1900.
In Sight and Spinneri'
Taktnga.
Week.
Since
Sept.
1.
Week.
Since
Sept.
1.
212,421 4,974,060 126,479 6,980,614
Receipts at ports to Feb. 9
32,643 1,003,287 21,496 093,k32
Net overland to Feb 9
Soathem consumption to Feb. 9.. 30,000 671,000 26,000 608,000
Total marketed
275.064 6,648,347 173,975 8.582,546
» 36,381
413.466 *68,918 426,881
..
Interior stocks In excess
105,057
Came Into sight during week. 238.683
9,009,427
7,06i',813
Total In sight Feb. 9
North'n spinners tak'gs to Feb
Decrease during week.
9..
64,547 1.730,019
49,263 1,606,737
'
In 1898 the week's movement into sight was 248,408 bales
inl897 reached 146,540 bales; in 1896 was 116,490 bales, and
in 1895 was 144,805 bales. The totals since Sept. 1 in the same
years were 8,959,089 bales in 1897-98; 7,218,631 bales in 1896-97,
5,776,462 bales in 1895-96 and 8,380,240 bales in 1894-95.
averaging 53,
Leland, Mississippi, It has rained during the week to the
extent of one inch and fifteen hundredths. Average thermometer 48 8, highest 67, lowest 25,
Meridian, Mississippi.— Stocks of cotton at interior markets in this vicinity have been about all sold for export on
the late advance. There is less cotton left on plantations
and in small towns than for many years past. We have
had rain on four days the past week, interfering with plow-
—
ing,
—We
Vicksbura, Mississippi.
have had rain on four days of
the past week, the rainfall being sixty hundredths of an
inch. Minimum temperature 27, highest 78, average 58.
Little Rock, Arkansas.— Theie has been rain on three days
during the week, the precipitation being one inch and ninetysix hundredths. The thermometer has averaged 32, ranging
from 20
to 44.
Helena, Arkansas.—There has been rain on five days of the
week, the precipitation reaching two inches and eighty-one
hundredths. The thermometer has ranged from 21 to 73,
averaging 52,
Memphis, Tennessee. Rain has fallen on five days during
the week, to the extent of two inches and seventy-seven hundredths. The thermometer has averaged 50'5, ranging from
—
29 to 71.
Nashville, Tennessee. There has been rain during the
week, the rainfall being two inches and eighteen hundredths.
The thermometer has ranged from 22 to 69, averaging 45.
Mobile, Alabama.—
have had rain on four days of the
week, the rainfall being two inches and ninety-eight hundredths. Average thermometer 56, highest 74, lowest 30.
Montgoviery, Alabama. huTge receipts are at the expense
of the uncounted interior towns, and plantation stocks are
now depleted. Eight cents is bringing the cotton all out in
a hurry. Many influential planters propose planting less
cotton they will give more attention to diversifying crops.
Rain has fallen on three days of the week, to the extent of
one inch and sixty-four hundredths. The thermometer has
averaged 49, the highest being 75 and the lowest 23.
—
We
—
;
—
.
.
THE CHRONICLE.
288
Selma, Alabama.— Rain has fallen on two days of the week,
the precipitation being seventv-five hundredths of an inch.
[Vol.
LXX.
view, quotations are nominally higher at 5^@5;?^c. for 1%
and o^@6c. for 2 lbs., standard grades. Jute butts very
dull.
Prices are nominally unchanged at 1 "050. for paper
quality and l^^^c. for mixing to arrive.
Iba.
48, ranging from 33 to 65.
Madison, Florida.—There has been rain to the extent of
two inches and forty five hundredths, on six days of the week.
Sea Island Cotton Movement.— We have received this
The thermometer has ranged from 48 to 74, averaging 63.
(Friday) evening by telegraph from the various ports the
of the
Savannah, Oeorgia. We have had rain on four days
details of the Sea Island cotton movement for the week. The
week, the rainfall reaching sixty-nine hundredths of an inch. receipts for
the week ending to-night (Feb. 9) and since
The thermometer has averaged 54, ranging fron 28 to 77.
Sept. 1, 1899, the stocks to-night, and the same items for the
week's rainfall has been ninety
Augusta, Georgia.— The
corresponding periods of 1898, are as follows.
hundredths of an inch, on four days. The thermometer has
ranged from 24 to 73, averaging 52.
1899-1900.
1898-1899.
Slock.
Charleston, South Carclina.—We have had rain on four
Receipts to Feb. 9
This
Since
This
Since
days during the week, to the extent of fifty-one hundredths
The thermometer has averaged
—
Average thermometer
of an inch.
week. Sept.
highest 70 and low-
52,
est 27.
Sta'teburg,
South Carolina.— There has been rain on one
day during the week, the precipitation reaching forty-nine
hundredths of an inch. The thermometer has averaged 51-8,
the highest being 70 and the lowest 20.
Greenwood, South Carolina.—Jhere has been rain on three
days during the week, the precipitation being eighty hundredths of an inch. Average thermometer 42, highest 52 and
lowest 32.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o'clock February 8, 1900, and February 9, 1899
Savannah
Feet.
Memphis
Nasbville
Bhreveport
Vlokaburg
INDIA UOTTON
1899 1900.
Since
Week.
Bombay
Since
Week.
Sept. 1.
receipts
Since
Sept. 1.
407.000
765.000 48.000
561.000 80.000
33.000
Week.
Sept. 1.
Since September
For the Week.
1.
Exports
from—
Qreat
Continent.
Britain.
Total.
Great
Britain.
Continent.
Total.
Bombay—
9,000
7,000
9,000
7,000
2.000
1,000
26.000
139.000
73,000
26,000
141.000
74.000
1.000
1,000
1,000
2,000
2,000
6,000
14,000
9,000
7,000
16,000
11,000
2,000
2,000
1,000
14,000
6,000
1,000
16,000
8,000
4.000
9,000
12,000
51,000
23,000
12,000
55,000
32,000
45.000
218,000
46,000
228,000
125.000
1899-'00..
1898-99
.
1897-98..
Calcutta—
1899-'00..
1898-99..
1897-93..
Madras—
1899-'00..
1898-99.
1897-98..
All others—
1899-'00..
1898 99..
3,000
3,000
13.000
7,000
13.000
7,000
1897-98..
Total all—
1,000
10,000
14.000
1899-'00.
1898-99.
1897-98.
1 1 1.000
Alexandria Receipts and Shipments op Cotton.—
Alexandria, Egypt,
February 7.
1899-1900.
1898-1899.
130,000
5,448,000
160,000
4,633,000
1
165,000
5,259,000
Since
TM$
Since
TM$
Since
Sept. 1.
Thit
week.
week.
Sept. 1.
week.
Sept. 1.
Exports (bales)—
5,000 289,000 10.000 197.000 21,000 236,000
18,000 269,000 16,000 190,000 21,000 229,000
To Liverpool....
ToContlnentt...
TotalEurope
23,000 558,000 26,000 387,000 42.000 465,000
pounds.
tn 1898-99,
t Of which to America In 1899-1900, 53,271 bales;
23,957 bales; In 1897-98. 29.072 bales.
*
A oauiar Is 98
—
vlANoaKsrER Market. Our report received by cable
co-night from Manchester states that the market is firm for
both yarns and shininsf. Spinners are considered to be
well under contract. W^^ g've the prices for to-day below
and leave those for previous weeks of this and last year for
comparison.
1899.
1900.
8^
lbs. Shirt-
32« Cop. ings,
Twist.
d.
d
common
to finest.
s.
d.
a.
Jan. 5 71169711,8 4 11 ®7
" 12 71i8»7ili« 5
»7
" 19
«7
5
" 26 714 ®7''e 5 li«a7
5 2 «7
Feb. 2 738 as
*•
9 78g /Mi<l4 6 4 ®7
d.
8
9
9
CotVn
Sk lbs. Shirt- Oott'n
Mid. 32s Cop. ings, common Mid.
Twist.
Uplds
to finest.
Upldi
d.
d.
416,2 559
StSg
4IU
41»«32 508
41f3, 53i
4^
d.
«6ifl
^6»s
aOifl
3608
©648
d.
s.
'36
d.
9
1 96 9
'36 9
1
lifl^e 10
1^96 10
1
d.
3832
53s2
'^
21.323 19 080
Week Ending
Feb. 9.
Si7ice Sept. 1,
1899. Horth'n MUls.
Oreat Fr'nce
Oreat Fr'nce
Since
Total. BriCn.
Total. Week. Sept.1.
BriVn.
<tc.
<£e.
7
22,278
2.706
3,156 25,434
2,706
7s*8
19,362
653
"293 15,426
10
'216
l",446
210
21":
26,424
6,767 33,191
1,091 35,441
38.^
13,8^0
6,4
33 20,313
619 27,136
J
3',611
5,051
Total
Total 1898-fl
.^25
e.0
Quotations Feb 9 at Savannah, for Georgias, extra fine,
153^0.; choice, \^%g.; fancy, 16i^c.
Charleston, Caroiinas, medium fine, 18c.; fine, 19 to 30c.;
fully tine. 21Kto23c.
—
East India Crop. The Department of Land Records and
Agriculture of Madras issued, on Dec. 8, the first forecast of
the outturn of the cotton crop of 1899 as follows:
Since the second report on this crop was issued in October last, the
season has, on the whole, been unfavorable, although in the Southern
where " Tinnevellies " are produced, there has been abundant
rain. The rains there, however, began rather late, and sowings are
backward for the time ot year. In the districts where " Salems " are
produced a good deal of sowing has been performed, but the area put
under cotton is still much below the average. From those parts of the
Presidency where "Cocanadas" are grown, later reports show that,
instead of the area sown this year being in excess of the average,
tbere U a very mateiial deficiency. In the Deccan districts, where
"Northerns" and "Westerns" are produced, sowings, according to
the latest returns, have been considerably more extensive than usual.
On the whole, the area sown is about 8 or 9 per cent leas than usually
reported at the end of November, but is 8 per cent greater than last
year. It mav be expected that the arrears in the Southern districts
will be to a great extent made up, and the total area for the whole
Presidency may probably be not less than the average. The latest reported estimate of the probable outturn of the crop (a normal crop
being placed at 100) is 59, as follows: Cocanadas, 61; Northerns and
Westerns. 56; Salems, 'iO; Tinnevellies, 61. and others, 65. The crop*
of Northerns and Westerns are in a precarious state, and it is doubtful
whether, unless more rain falls, the estimated yield wUl be obtained.
Such late rain is most unusual.
The prospects of the crops of
Cocanadas and Salems are also more or less doubtful, whilst as regards linnevellies it is as yet far too early to frame any useful torecast. Calculating, however, according to the accepted rates of yield,
the probable outturn from the area mentioned in thet ible given above
will be 79,0C0 bales of 400 lbs. each. No estimate of the probable
final yield can at present be framed.
districts,
follows:
The oorrec ed total area figures for the British districts and Native
acres) is about 29 per cent below last
States of the Deccan (8'>8,Oi
year's and about 24 per cent under the average of the preceding ten
years. Except in parts of Khandeish and Ahmednagar, where sowing
rains were favorable and cultlvaters were Induced to put inoressed
area under the crop, the decrease is general and is due, as already reported, to scantiness of the early rains. The season has been extremely unfavorable since, and, though the crop was relieved her©
and there by partial showers in August and aeptember, it has completely failed In most places. The surviving crop is estimated to
yield about 10.800 bales, which is not more tnan 5 per cent of last
year's crop and less than 7 per cent of the average.
The second memorandum
of the] late cotton crop of GujKarnatak an 1 Sind for the season of 1899-1900, of date
Dec. 13, shows that the cotton area has fallen 53 per cent below last year's and about 58 per cent below the average of
arat,
the preceding five years.
Gujarat. -Area, 136,000 acres; less than one-fourth of lastyear**
and the average. The crop has received hardly any rain after sowing,
and is reported to have withered or to be fast withering. In places It
had to be fed to cattle. Where alive, the crop is expected to yield a
very limited outturn.
Gujarat States.- Area, 840,000 acres; 62 per cent below last year's
and 60 per cent below the average. As in the British districts, little
rain has fallen since sowing and the crop has mostly withered away.
Karnatak.— Area, 621,000 acres; 27 per cent below last year's and
33 per cent below the average. In Bijapur and eastern parts of Belgaum and Dharwar the croi> is withering from want of moistare; elsewhere it is in lair condition and is expected to yield a moderate outturn.
Karnatak States.— Area, 130,000
3&ie
5^
1>«®8 10
5^ -aeog
3113a
Jute Butts Bagging, &c.— Although there has been
nothing doing in jute bagging during the week under re2
5
59,21
The final memorandum of the early cotton crop of the
Deccan, issued under date of Poona, Dec. 13, is in part as
1897-98.
Receipts (cantars*)
This week
Since Sept.
»42
Ball.,&o....
1897-98.
1898-99.
89.618
Exports
York..
Beaton.
of cotton at Bombay and the shipment!^ from all India ports
for the week ending Feb. 8, and for the season fiom Sept. 1
to Feb. 8 for three years have been as follows:
Receipts at-
2.049
The exports for the week ending this evening reach a total
of 217 bales, of which 210 bales were to Great Britain,
to France and 7 to Bremen, and the amount forwarded to
Northern mills has been 1,091 bales. Below are the exports
for the week and since Sept. 1 in 1899-1900 and 1898-99.
New
80
34-7
MOVEMENT FROM ALL PORTS.—The
293
Charl't'n.&c
Florida, &c.
39-t>
1899
48,100 18,653 13,273
5,005 1,551 2,533
6,110 1,119 3,274
Savannah...
13-9
14-3
1900.
673
25
144
191
Total
from—
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
week. Sept. 1
66,P41
7,444
15,533
1,56 =
Charleston, &o.
Florida, &o
Feb. 9, '99.
New Orleans
1.
acres; 17 per cent below last
and 34 per cent below the average. The crop is withering in
most places from want of moisture.
Bind.— Area, 83.000 acres; 9 per cent below last year's and 26 per
cent below the average. The condition of the crop Is poor in Karaohl
and Thar and Parkar; fair eUewhere.
year's
Khaibpcb.— Has 871
acres, with fair crop.
.
.
February
THE CHRONICLE.
10, 1900.]
New England
Mill Situation.
—A report from Fall River
this week states that the consolidation of the financial interests of many of the local mills is progressing rapidly, and
that within the next six months the management of the cotton-cloth industry will be in fewer hands than at the present
time. The plan pursued consists of bonding the indebted
ness and offering the stockholders the privilege of taking up
these bonds at a rate of interest as high as 5 or 6 per cent.
The money received for bonds would be used by the management instead of borrowing from the banks, which they are
compelled to do at certain periods of the year, when they are
The
piling up goods in the storehouses awaiting orders.
Hargraves and Parker mills will soon be united, and the
bonding of the Border City, Tecumseh, Union and other
mills is but a matter of time. Enthusiastic supporters of the
plan say that stockholders will receive even more money on
their investments than could be secured
through syndicates.
—
Shipping News. As shown on a previous page, the
exports of cotton from the United States the past week have
reached 151,599 bales. The shipments in detail, as made up
from mail and telegraphic returns, are as follows:
Total bale:
Wbw York— To Liverpool, per steamer
Cuflc, 592
To Hull, per steamer Martello. 498
To Manchester, per steamer Olbers, 550 upland and 210
592
498
760
Sea Island
To Havre, per steamers La Champagne, 4
Pauillao,
1,360
4,901
100
1,356
Saale, 776
To Bremen, per steamers Rhein, 4,125
To Hamburg, per steamer Palatla, 100
100
To Antwerp, per steamer Weaternland. 100
Werra, 250.
567
To Genoa, per steamers Tartar Prince, 317
Werra, 800. 1,300
To Naples, per steamers Tartar Prince, 500
500
To Japan, per steamer Thordls, ."iOO
Hiw ORLEANS—To Liverpool— Feb. 2—Steamer Mira, 7,284
11,084
Feb. 8 -Steamer Yucatan, 3,800
3,798
To Manchester— Feb. 5—Steamor Willowdene, 3.798
600
To Belfast— Feb. 5-Steamer Glenarm Head, 600
7,741
To Havre-Feb. 5—Steamer Oayo Largo, 7,741
5,498
To Bremen-Feb. 3—Steamer Finnland, 5,498
650
To Hamburg— Feb. 6—Steamer Venetla, 650
449
To Rotterdam— Feb. 7— Steamer Llandudno, 449
5,445
Oalvbston—To Liverpool -Feb 3—Steamer Serra, 5,445
.'^,852
To Manchester- Feb. 1— Steamer Nioeto, 5,852
12,948
To Havre-Feb. 2— Steamer Riojano. 12 948
7,033
To Bremen— Feb. 2— Steamer Maria Riokmers, 7,033
2,053
To Rotterdam— Feb. 3 -Steamer Caithness, 2,058
Sabine Pass-To Bremen— Feb. 2— Steamer Leuctra, 8,449... 8,449
178
To Rotterdam— Feb. 8— Steamer Cunaxa, 178
7,319
Mobile—To Bremen-Feb, 5—Steamer Cimbrla, 7,319
PBN8ACOLA—To Livcrpool— Feb. 8— Steamer Le 'nora, 3,919... 3,919
3,677
To Bremen— Feb. 7— Steamer Atbara, 3.677
To Genoa— Feb, 3— Steamer Roddam (additional), 1,402... 1,402
Savannah—To Liverpool— Feb. 2— Steamer Melbridge, 5.420.. 5,420
Feb. 7—
To Bremen-Feb. 2— Steamer Angers, 8,09:^
Steamer Floreuoe Pile, 11,324 upland and 7 Sea Island.. 19,424.
Charleston—To Bremen-Feb. 6— Steamer Abeona, 6,692
6,692
Wilmington—To Ghent— Feb. 3— Steamer Skuld, 5,200
5,200
NORFOLK—To Rotterdam— Feb. 8— Steamer Inchmar. 950
950
Boston-To Liverpool— Feb. 2 -Steamer Ultonla, 1,265
Feb. 3— Steamer Sachem, 1,100
2,365
To Yarmouth— Feb. 5— Steamer Boston, 250
250
BALTIMORE—To Bremen— Feb. 3— Steamer Hannover, 3,248
....Feb. 7— Steamer Dresden, 3.110
6,358
Portland, Me.— To Liverpool— Feb. 3— Steamer Cambroman,
89.
89
SANFiuJ?cisco-To Japan— Feb! i—sVeamerbo^^^^^
1,600
Tacoma— To Japan— Feb. 1— Steamer Goodwlu, 4,473
4,473
—
151.599
„„.
of the foregoing shipments, arrangec in
our usual form, are as follows.
Great Frenc^ Oer- r-Otti.STrope—. Mexico
Bnt'n. portt. many. North. South.
<tc.
Jav'n Toiril.
New York. 1,850 1,3P0 5.001
100 1,867
500 10,678
29,820
N. Orleans. 15,482 7,741 6,148
449
Galveston.. 11,29712,948 7,033 2,058
33,336
Sab. Pass..
8,627
8,449
178
Mobile
»«7,319
7,319
8,998
Pensacoia.
3,919
3,677
1,402 >>*«•»
24.844
Bavannah.. 6,420
19,424 ...... ....«
Charleston.
6,692
6.692
,
5,200
Wllmlngt'n
5,200
950
Norfolk....
950
Total
The particulars
-
BoBton....
Baltimore.
2,365
Me
250
89
Portl'd.
......
......
......
......
,..
_..
8,935
3,269
6.358
Ban Fran..
Taooma.
1,600
4,473
. .
Total..., 40,422 22,049 70.101
2,50
2,615
6,358
89
1,600
4,473
6,573 151,599
To Japan since Sept. 1 shipments have been 4,257 bales
from New York, 31.045 bales from Galveston, 25,971 bales
from New Orleans, 9,650 bales from Pensacoia, 14,352 bales
from Savannah and 92,781 bales from Pacific Coast. To
China. 4,399 bales from New York, &c.
Cotton freights at New York the past week have been
as follows.
8atur.
Mon.
Tuet.
Wednet. Thur$.
Fri.
Liverpool, Moh.. c
30
30
30
30
30
30
Havre.
30*
30*
30*
30*
30*
30*
30
27
30
27
30
27
30
27
30
27
271a
2713
2713
27I2
27ifl
271a
271a
271a
42
42
42
42
c.
Bremen Mar cli.
Hamburg
c.
30
27
Amsterdam
c.
27ifl
27I3
Rotterdam
c.
Reval, V. Hamb..c.
27^2
27ifl
42
42
42
42
42
42
42
42
371a
37ifl
371a
37I2
371a
371a
40
40
40
40
40
40
,
Do
Do
.
c.
V. Hull...c.
V.
Genoa
Copen..c.
c.
Trleate, direct... c.
Antwerp
26I4
26I4
26I4
26I4
26^4
c.
Ghent.Y.Antw'p.c.
33
3S
33
33
33
Qnou,taons are cents per 100 lbs. or tractions of a penny per
And 5 per cent.
26I4
3^
lb.
289
—
Liverpool. By cable from Liverpool we have the foUovtIng statement of the week's sales, stocks, &o., at that port,
Jan. 19.
Sales of the
week
60,000
2,000
3,000
51.000
7,000
79,000
713,000
580,000
73,000
41,000
172,000
144,000
bales.
Of which exporters took...
Of which speculators took.
Sales
Jan. 26.
American
Actual export
Forwarded
Total stock— Estimated
Of which American- Est'd.
Total Import of the week.
Of which American
Amount afloat
Of which American
68,000
2.100
2,200
55.000
12,000
75,000
689,000
574,000
64,000
54,000
198,000
156.000
Feb. 2
Feb. 9.
50,000
2,000
1,000
46,000
7,000
85,000
669,000
546,000
71,000
51,000
219,000
188.000
67,000
1,000
1,000
62,000
10,000
68,000
640,000
524,000
49,000
37,000
230,000
195.000
The tone of the Liverpool market for spots and futures
each day of the week ending Feb. 9 and the daily closing
prices of spot cotton,
Sat'day.
Spot.
Market,
1:45 P
M
Mid. Upl'ds,
Sales
Spec,
have been as follows.
Monday. Tuetday. Wed'day. Thund'y Friday.
Fair
Not much business
doing.
doing.
10,000
500
500
exp.
Strong
and
active.
15,000
1,000
12,000
1,000
Fair
Good
demand.
business
doing.
513a
5332
15,000
1,000
10,000
416,6
42633
6,000
die
42632
Fair
business
doing.
500
Futures.
Irreir. at
Market,
Br'lyst'dy Steady at Steady at Steady at Steady at
2-64 ad2-64 ad4-64 ad1-64 ad-
&
3-64
partially 2-64
1-64 dec.
decline.
1:45 p. M.
Market,
4 p. H.
Very
Barely
steady.
steady.
vance.
vance.
vance.
Quiet.
vance.
Steady.
Weak and
Irregular
and
irregular.
unsettled!
The prices of futures at Liverpool for each day are given
below. Prices are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
1^* The prices are given in pence and 64<At. Thus : 3 63 means
3 63-64(1.. and 4 01 means 4 1-64(1.
mon.
Sat.
Feb. 3 to
Feb. 9
Taes.
Wed.
Ttanrfl.
Prl.
121a 1 1:45 4 1:45 4 1:45 4 1:45 4 1:45 4
P.H. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.
d.
d.
d.
February... 4 33 4 44 4
Feb.-Moh. .. 4 36 4 41 4
Moh. -April.. 4 34 4 39 4
Aprll-AIay 431 4 36 4
May-June... 4 28 4 33 4
June-July. 4 26 4 31 4
July- Aug.... 4 25 4 29 4
Aug.-8ept... 4 20 4 24 4
Sept.-Oot.... 411 414 4
Oot.-Nov.... 4 03 4 05 4
Nov.-Deo
4 00 4 00 3
Deo.-Jan
.
.
. .
43
40
37
34
d.
d.
4
4
4
4
31 4
29 4
27 4
22 4
12 4
03 4
62 3
41
38
35
31
29
4
4
4
4
4
27 4
25 4
20 4
10 4
02 4
60 3
43
40
37
34
31
29
27
22
12
03
62
d.
d.
4 48 4 54
4 45 4 51
4 41 4 47
4 38 4 44
4 35 4 41
4 33 4 39
4 31 4 37
4 25 4 31
4 15 4 20
4 07 4 12
4 02 4 07
d.
d.
4 53 4
4 49 4
4 46 4
4 43 4
4 40 4
4 37 4
4 35 4
4 30 4
4 18 4
4 10 4
4 05 4
d.
d.
57
53
50
47
43
41
39
33
21
13
09
4
4
4
4
4
4
d.
4 58 5
4 54 4
4 51 4
4 48 4
4 44 4
42
40
34
22
14
09
00 4 58
60 4 54
57 4 50
53 4 47
50 4 43
4 47 4 41
4 45 4 38
4 40 4 33
4 26 4 20
4 19 4 12
4 14 4 07
BREADSTUFFS.
Friday, Feb.
A moderate voluma
9, 1900.
been transacted in
but the tone has been somewhat
unsettled, owing to erratic cour se of values for the grain.
At the opening of business on Wednesday lower prices were
quoted, but before the close of business for the day part of
the decline was recovered. Exporters have given rather
more attention to the market, with some buying by the Continent. City mills have had a fairly good sale to the local
trade, but business with the West Indies has been quiet.
Rye flour has been in moderately active demand at fairly
full values.
Buckwheat flour has had a fair jobbing sale at
steady prices. ;.Corn"meal has been in fair demand and firm.
Speculation in wheat for future delivery has been moderitely active, but the tone has been unsettled and for the
week prices show no decided change. Immediately following our last, values held steady, but on Monday and Tuesday
the tendency of prices was towards a lower basis. Foreign
advices reported dull and easier markets; the export demand
was slow, increasing receipts were reported in the Northwest,
and more favorable weather conditions ware reported in the
winter-wheat belt, all of which had their influence against
values. Wednesday, however, the market took a decided
turn for the better, prices for the day advancing Js®!/^^.
Foreign advices came decidedly better, particularly from
Paris, and were accompanied by reports of crop damige in
France. It also was reported that the indications were that
shipments of wheat from Argentine would be delayed, and
there was a revival of the expart demand, Thursday there
was a further advance in prices during early 'Change, on continued reports of damage to the French crop and stronger
foreign advices, accompanied by some buying orders. Daring the late trading, however, there developed a weaker tone,
prompted by selling by recent buyers to realize profits. Only
a very moderate volume of business has been transacted in
the spot market and prices have followed futures. To-day
prices weakened sligtitly under further selling by longs,
prompted by disappointing foreign advices. The spot market was dull and easier. No sales for export here or at outports were reported.
the market for
'
wheat
of business has
flour,
THE CHRONICLK
290
BAILT CL08IM0 PBICES OF
NO. 2
RED WIKTEK
Hon.
Sat.
lues.
78
77 12
74^
7558
7418
751s
7488
CaBh wheat 1. o. b
Moh. delivery in elev
74
73^8
76J4
May delivery
in elev
July delivery In elev
73%
NEW YORK.
IN
Wed.
7838
7638
Thurs.
7838
76ifl
7478
74 '8
74%
74%
DAILY CLOSINQ PRICES OF NO. 2 8PRINO IN CHICAGO.
Thurs.
Wed.
Sat.
Mon.
Tues.
May
6838
delivery In elev
July deUvery in elev
6758
68I4
67 14
6838
68ifl
69i8
Fri
77'8
76I4
7458
741a
Fri.
68
6809
69
Bd^
67%
Slightly increased speculative interest has been shown in
the market for Indian corn futures. Daring the first half of
the week prices sagged slightly in sympathy with the decline
in wheat and tame foreign advices. Subsequently, however,
there developed a stronger tone. Crop news from Argentine
was of a less favorable character and advices from the interior foreshadowed a falling off in the crop movement. The
export business also showed something of an improvement.
Business in the spot market has been moderately active and
at firmer prices. To-day there was a qaiet and slightly
easier market with wheat. Easiness on the spot market was
moderately active and steady. Siles for export here and at
outports were 310,000 bushels.
DAILY CLOSING PRICES OF NO. 2 UIXED CORN IN
YOKK.
Fri.
Sat.
Mon. Tues.
Wed. Thurs.
41is
40''8
.4138
4158
Cash com, f. o. b
40%
40%
NEW
May delivery in
market rules firm throughout. A steady demand of
moderate proportions is reported in overcoatings at unchanged prices. Cloakings continue quiet and without
change in price. The market for dres? goods is strong in all
staple lints, which are selling well for
blankets are well sold and very firm.
Flannels and
fall.
Domestic Cotton Goods.— The exports of cotton good»
from this port for the week ending Feb. 5 were 3,227
packages, valued at |139,957, their destination being to the
points specified in the tables below :
Kbw York to
1900.
Feb.
1899.
5.
Week. Since Jan.
Great Britain
Other European
China
India
Arabia
6
1,033
1.
TVeefc.
314
2
89
26,154
"26
24,611
1,876
4,258
500
230
480
54
108
434
382
Since Jan. 1
95
4,869
1,368
3,227
73
88
Africa
West Indies
681
666
891
715
199
85
412
6
3,227
41,326
1,540
45,790
3,227
41,326
1,540
45.790
Mexico
Central America. ...........
South America...
Other Oountries.
Total
China, via Vancouver*
38''8
38''8
3914
3913
39%
39»a
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN CHICAGO.
Sat.
Fri.
Mon.
Tues.
Wed. Thurs.
33i8
33ia
•33is
May delivery In elev
3314
33%
3358
34i8
3438
3414
July delivery in elev
34
33%
33%
neglected, but Wednesday and Thursday there was scattered
buying, and prices hardened slightly in sympathy with the
improvement in other grains. In the local spot market there
has been a moderate demand from the home trade at steady
prices.
To-day the market was quiet and slightly easier.
The spot market was qaiet but fairly steady.
DAILY CLOSING PBICES OF OATS IN NEW^ YORK.
Sat.
Wed. Thurs.
Fri.
Mon. Tues.
2914
No. 2 mixed in elev
2913
29
29
2914
29
31I3
31I3
31ia
Sli^
No. 2 white in elev
32 j
3112
DAILY CLOSING PRICES OF NO. 2 MIXED OATS IN CHICAGO.
Sat.
Mon. Tues.
Wed. Thurs.
Fri.
LXX.
of the
elev
Oats for future delivery at the Western market have continued to attract comparatively little attention, bat the
undertone has held fairly firm and prices show a fractional
improvement. Early in the wef»k the market was practically
[Vol.
Total
2,200
344
1,282
5,037
713
881
6,956
538
From New England mill points direct.
The value of the New York exports for the year to date ha&
*
been
$1,.544,467 in 1900, against |1,603,257 in 1899.
The home demand for brown sheetings has improved
somewhat this week, but export business in these and in
brown drills has again been limited. Prices are without
quotable change, but the tone of the market is firmer than
of late. Fine grey goods have been in improved demand at
firm prices. Ducks and brown osnabargs quiet but firm.
More business than of late has been reported in bleached
cottons, with prices well maintained. Wide sheetings firm
but quiet. Denims are strong and 3^c. per yard higher in
In other coarse
leading makes.
Ticks against buyers.
colored cottons sellers have the advantage and checks and
plaids are occasionally advanced }ic. to %c. per yard. Cotton
Kid-finished cambrics qiiet
flinnels and blankets scarce.
and irregular in price. Fancy prints are quiet, but demand
gradually improving; in staple prints there has been a con2338
2338
2353
2358
2338
May delivery in elev.... 23i«
Ginghams are strong, with
2238
2214
2258
2258
2238 siderable business at firm prices.
July delivery in elev.... 2238
yard.
Rye and barley have been sparingly offered and prices leading makes of staples advanced }^c. per at Si^c.Dress
styles scarce. Print cloths are unchanged
for
have been firm.
regulars, but no demand. There has been a good business in
Following are the closing quotations:
odd goods at firm prices.
FLOUR.
Foreign Dry Goods. There has been a fair demand for
Fine
Patent^ winter.... $3 60 ®3 90
$2 00 -312 35
novelties in dress goods, but business in staple lin* s quiet,
Superfine
2 20 -©2 50
City mills, patent.. 3 95 ^4 25
2 30 ©2 65
Ryeflour,8uperflne 3 10 ®3 60
Kxtra, No. 2
and prices firm. Silks and ribbons quiet. Hosiery in fair
2 50 ®2 85
Extra, No. 1
Buckwheat flour.. 2 00 ®2 20
request. Linens continue in limited supply and strong in
2 90 ©3 30
Clears
Corn mealprice.
Burlaps quiet but firm.
Straights
3 40 ®3 70
Western, etc
2 10 ®2 15
Patent, spring
3 70 -3)4 40
Brandywlne
2 15
Importations and Warelioase WltlidraTrals of Dry Goods
(Wheat flour in sacks sells at prices below those for barrels.)
—
GRAIN
it,p(
c.
c.
Hard Duluth, No.l
SO^-aiSl'^s
N'th'nDuluth.No.l
Red winter. No. 2.
H'd Manitoba No.l
Oats— Mix'd, p. bush.
77''8®7958
White
No. 2 mixed
76i8®78i8
80i8'3i81''8
28i2®30%
Corn, per bush.—
Western mixed
No. 2 mixed
Western yellow
Western white
c.
c.
'Sd'^s^^li^s
*to
QjCt-
efr
gg
»-JB
40i4®42
40i2®42i4
S:
O'
Bye, per bush—
60i2'3i64i4
Western
©SO
State and Jersey
57 -8162
3112313213
No. 2 white
Barley—Western
50 -3154
Feeding
43 -©4713
9~ For other tables usually siven here see page 263.
31
29
o
3938®4158
313413
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New York, Friday, P. M., February 9. 19C0.
There has been more bu3ine3S doing in cotton goods during
the past week and a better tone in the market generally. The
former has come from the increase of positive needs on the
part of jobbers, the latter has been largely due to the course
of the market for raw cotton. Cotton up to this week has
not counted much as an influence in the goods situation, but
the developments of the past few days have raised it into a
factor of considerable importance.
It has checked incipient
weakness in several directions on near positions and has
caused greater reserve generally on the part of sellers with
regard to distant business. Few changes in prices have Ijeen
recorded, but where made have been in an upward direction.
In the woolen goods division of the market business has been
on a much quieter scale than of late, but the tone continues
good. Reports coming to hand of the jobbing trade are still
satisfactory.
The distribution from second hands is on an
unusually liberal ecale, and as goods already bought are being
rapidly absorbed, a good supplementary demand upon the
primary market should be about due. Financial conditions
in the trade continue satisfactory, there being few complaints
heard on the score of collections.
Woolen Goods.— Business in medium, and low-grade
woolen and worsted fabrics for men's wear has been on a reduced scale thie week, the large purchases recently made having apparently pretty well exhausted the first round of buying
in these grades. The business done has put the market into
an excellent condition on them, many agents having withdrawn their lines from the market, having sold up the season's production in both staples and fancies. In fine grade
goods recently opened, a good business is reported. The tone
M
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—
:
February
—
:
THE CHRONICLE.
10, 1900.1
291
City, bonds Nos. 8 to 14, issued Jan. 1, 18-^8, in aid of
the Chicago Kansas & Western RR. Interest will cease on
York
March
News
3, 1900.
^ „ ^, ^ „
Pike County (Mo.) Townships. -.Bond CaZZ.— The following township bonds were called for payment Feb. 1, 1900
:
Items.
Alexandria, La.~ In function Dissolved.— The District
Coart on Jan. 26, 1900, dissolved the temporary injunction
obtained by John Callahan, a taxpayer, who sought to prevent the issuance of the $71,000 improvement bonds voted
It is stated that the case will be appealed to
last November.
the Supreme Court. The item in the Chronicle Jan. 27 referring to this suit was inadvertently made to read Va.
ttuffalo
Township, Nos. 63 and 70 to
75,
inclusive, each for $1,000, and Nos. 26
98. 99 and 100. each for «l,000,
Cuiver Township, Nos. 65 to 70, inclusive, each for $1,000.
30 and 31. each for $1,000.
Peno Township, Nos. 29,
^"c'^lume^rlwnship.TorSL
dated Jan.
1.
1889.
Joseph (Mo.) School District.— -Bond CaZL—This dispayment on Feb. 1, 1900,[at thejNational Bank
Commerce, New York City, all its outstanding 5% 10-20of
bonds, bearing date of August 1, 1888. Interest ceased
instead of La.
^ Feb. « ^^/^/^ year
on February 1.
3, 1900,
,„
.
Ark&nsan.— Cancellation of State Scrip.— Oa
South Omaha, Neb.— I^arran^ Call.- City Treasurer F. A.
the State Debt Board under the Funding Act of 1899, orcalled for payment Jan. 26, 1900, the following
dered the cancellation of the record of all old State scrip Broadwell
General fund, up to registered number 459; salcancellation is warrants
remaining unredeemed. The amount of the
same not having been presented under ary, to No. 472; fire and water, to No, 286; police, to No. 350^
said to be $374,000, the
repair, to No. 177; engineer, to No. 50; public light, to
the provisions of said Act, and such scrips are no longer con- ptreet
No 90; judgment, to No. 67; interest, to No. 61; water, to
the State.
sidered a valid obligation against
No. 5.879, The amount called in approxiDenver, Colo.— -Bonds Invalid.— Snit was filed in the No. 28; school, to
Hayes & Sons, mates, it is stated, $40,000,
District Court on Jan. 24, 1900, by W. J.
Summit County, Colo.— Bond CaZZ.— Interest ceased on
Cleveland, to recover $'!i,300 deposited by them with the City
one-thousand-dollar bonds Nos. 10 and 11,.
Treasurer on August 10, 1899, when they were awarded Jan. 30, 1900, on
As was stated in the Series "A," and five-hundred-dollar bonds. Series " B," Nos.
of Denver.
$400,000 Auditorium bonds
Chronicle Nov. 18, 1899, the Cleveland firm refused to take 7 to 10, inclusive.
Judge JohnSutter County (P. 0. Yuba City, Cal.,) Levee District No.
the bonds, claiming that they were illegal.
Treasurer, has called for
District Court on Feb. 5, 1900, overruled a demur- I.— Bond Call.— It. J. Cope, County
son of the
were illegal, payment bonds Nos. 1 to 25, inclusive, issued according to
rer filed by the city. He holds that the bonds
approved April 9, 1880.
on the ground that the ordinaEce upon which the people an Act of the State Legislature
for $500 each.
had to vote provided that $400,000 be appropriated for a Bonds are
Washington.— IFarrani CaZZ.— State Treasurer Youngnumber of different purposes without designating each sepNos.
Judgment to the amount claimed was given against called for payment Jan. 29, 1900, general fund warrants
arately.
appealed to the Su- 49,365 to 50,475, inclusive, amounting to $70,929, and Nos.
the city. The case will, it is stated, be
2,961 to 3,137 on the military.fund, amounting to $11,720.
preme Court.
Waterloo Township, Lyon County, Kan.— -Bond Call.—
Galveston, Texas.— Bond Litigation.— Oa Jan. 25, 1900,
District Court by Jens Moller "William Sanders, Township Treasurer, has called for paysuit was brought in the Tenth
for $1,000, issued
and Mrs. Francis Moller, praying that $300,000 of sewerage ment Feb. 10, 1900, bonds Nos. 1 to 16, each
the city government April 12, 1887, in lid of the Council Grove Osage City &
bonds of the city of Galveston, which
They allege in their 0;tawa Railway.
is attempting to sell, shall be canceled.
petition that said bonds were issued in plain violation of the
State Cons titution, and are thereby' illegal and void.
Proposals and Negotiations this
New York Siaite.— Amendment to Savinps Bank Law Passes
House.— The State Assembly on Feb. 7, 1900, passed an
follows
t-.
St.
trict calle<l for
.
t-.
,
:
Bond
been as
amendment to Subdivision 6, Section 116, Chapter 689, Laws week have
savings
of 1892, known as the Savings Bank law, whereby
Abbeville, S. C— -Bond Election Proposed.— K bill which
banks may invest in the mortgage bonds of the Chicago & has passed its second reading in the House of the General
:
Alton Railroad in addition to those already included. The Assembly authorizes this city to vote on the question of
Act also amends that portion of Subdivision 6, reading "and issuing bonds in aid of the Black Diamond Railroad Co,
further provided that all bonds hereby authorized for inAlbion, Neb.— Bond O^eringr.— Proposals will be received
vestments shall be secured by a first mortgage of the whole until 6 p. M., Feb. 26, by the City Council, at the office of
or a part of the railroad and railroad property actually in E H. MulJowney, City Clerk, for the following bonds
the possession of end operated by such company;" so that it $8,000 a l0-2ip-year (optional) water-extension bonds, with interest payable
annually on July 1.
shall read, "and further provided that all bonds hereby au5,000 4% 10-20- year (optional) refunding water bonds, with interest payable
thorized for investments shall be secured by a mortgage
annually on January 1.
which is a first mortgage on either the whole or some part
The above bonds are in denomination of $500, dated Jan. 1,
of the railroad and railroad property actually in the posA certified check for 'i% of the amount of bid, payable
1900.
session of and operated by such company, or that such bonds
to the Mayor, will be required with each proposal. The total
shall be mortgage bonds of an issue to retire all prior mortdebt, including these issues, will be $13,000. The assessed
gage debt of such railroad company."
is $161,252 and the real value about $967, 5t0.
This law as it stands, without the above amendment in- valuation
Alexandria County, Va.— -Bond Election.— Kn election
cluded, will be found in the State and City Supplement
will be held on Feb. 14 to vote on the question of issuing
for October, lb99, on page 40.
road-improvement bonds. A bill permitting the
Tavapai County, Ariz. Bond Decision Affirmed. The $150,000
issuance of these bonds has been passed by the State LegisUnited States Supreme Court has affirmed the decision of
Ifitur©
the Territorial courts declaring valid bonds issued as a subAllentown, Pa.— -BoTid Sale.— On Feb. 6 the $60,C00 %}4%
sidy to the Prescott & Arizona Central Railroad. See Chron5-30-year (optional) water bonds were awarded to the Allenicle Nov. 11, Sept. 30 and August 12, 1899.
town National Bank at 101-76— an interest basis of about
Following are the bids
'iVi%.
:
—
:
Bond Calls and Redemptions.
Mo.— -Bond Call.—R Lundy,
City Clerk, called
for payment Feb. 1, 1900, at the Continental National Bank,
These
St. Louis, bonds Nos. 79 to 84, dated August 1, 1891.
securities bear 5% interest and are in denomination of $500.
Howard County— Chariton Township, Mo.— -Bond Call.—
Andrew J. Furr, County Treasurer, called for payment
Feb. 1, 1900, at the National Bank of Commerce, New York
City, the following bonds
Howard County bonds, Nos. 157[to 185, Inclusive, each for $500, dated Feb. 1,
Carthage,
:
IS'-g.
Chariton Township bonds, Nos. 30 to
34, inclusive,
dated Feb.
1.
1689.
Los Angeles County, Ca.1.— Bond CaW.— Mark G. Jones,
County Treasurer, has called for payment the following
bonds
Funded- debt bonds of the issue of 1882, numbered 36 and 37; issue of 1884,
numbered 64-55, 66 57; issue of 1885,Inumbered 220 to 24 3, both numbers incluBive bonded debt of 1887 (Los Angeles County court house bonds), numbered 84 to 4*2, both numbers inclusive bonded debt of l^WO (Los Angeles
County court-house bonds), numbered 81 to 92, both numbers inclusive.
All the above bonds are in denomination of $1,000.
Missouri.— Bond Call.— The State Board of Fund Commissioners has called for payment at the American Exchange
National Bank,
York City, $210,000 B%% bonds of this
;
;
New
State.
Multnomah County, Oregon.— Warrant Ca/Z.— Ralph W.
Hoyt, County Treasurer, has called for payment county warrants, Class 36, drawn upon the general fund, that were presented and indorsed "Not paid for want of funds" irom
March 1, 1899, to March 31, 1899, both dates inclusive. Interest ceased Jan. 22, 1900.
Ottawa County, Kan.— .Bond Call.—This county called
for payment Feb. 1, 1900, at the State fiscal agency in New
Allentown National Bank
Sailer
&
Stevenson, Pbila
Newburger Bros. & Co
Lamprecht Bros. Co.. Cleve
101-76
102'07
Rufus Waples.Jr
W. J. Hayes & Sons. Cleve
lOOSSfr
100-07
103-00
(for $1.400).... 102-60
10V79
Caroline Beckar (for $700)
101'27
John Shoemaker
For description of bonds see Chronicle Jan. 27, p. 191.
Alliance, Ohio.—-Bond Election.— Kt the spring election
the question of issuing $35,000 bonds for a municipal light
plant will be submitted to a vote of the people.
bill now before the
Amherst, Mass.— -Bonds Proposed.
State Legislature permits the issuance of $50,000 i% 20-year
town-hall bonds.
Annapolis, Md. Bonds Proposed. This place is considering the question of voting on the issuance of $121,000 bonds
bill to this effect has been favorably
for various purposes.
reported by the Committee on Finance.
Anne Arundel County, Md.— -Bonds Proposed. This county seeks the authority of the State Legislature for the issuance of $20,000 bonds.
Atlanta, Ga.— JSond Election Proposed, The Finance
Committee has decided to recommend to the City Council
that the question of issuing $200,000 water and $300,000 electric-light-plant bonds be submitted to a vote of the people.
-Augusta, Gra. -Bonds .^iMZZtori^ed.— The City Council has
authorized the issuance of $83,000 bonds to refund a likeamount of securities maturing April 1, 1900.
—A
—
A
—
—
—
—
Baltimore, Md. Refunding Bond Ordinance. The Mayor
has signed an ordinance recently passed by tbe City Council,
intended to protect more fully the city's priority of lien in
the case of the Western Maryland RR. loan for $1,875,000,
which the city is arranging to refund. Bonds for this purpose were authorized some time ago and part of the issueoffered for sale, but they were withdrawn from the market
—
— ——
— ——
——— — —
—
A
:
THE CHRONICLE.
291
[Vol.
LXX.
being feared that^ the city was not terest will be at the rate of 5%, payable in New York City or
at the office of the County Treasurer.
Principal will maBath, Me. Loan Authorized.— A temporary loan for $10,- ture in 15 years, subject to call after 5 years.
OOO was authorized on Jan. 3, 1900.
Dalles City, Ore. Bond Offering. Proposals will be reBellaire, Ohio. Bond 0/erwgi.— Proposals will be re- ceived until 8:30 p. m., Feb. 26, by Ned H. Gates, City Received until 12 M. Feb. 27, by the City Clerk, for $40,000 4^ corder, for from $20,000 to $25,000 20-year gold refunding
city hall bonds. Securities are issued under authority of water bonds. Securities are in denomination of $500; intersections 2835, 2836 and 2837, Revised Statutes of Ohio. They est will be at a rate not exceeding 4^, payable semi-annually.
are in denomination of $500, dated March 1,1900. Interest A certified check for 2% of the amount of bonds bid for and
will be payable March 1 and Sept. 1 at the office of the City made payable to the President of the Board of Water ComTreasurer. Principal will mature $2,000 yearly on March 1 missioners must accompany proposals.
from 1905 to 1924, inclusive. A deposit in money or a certiDayton (Ky.) School District.— .Bonds Proposed.—This
fied check on some bank in Bellaire in the sum of $500 will district is seeking legislative authority to issue.bonds for a
new school house.
be required with each proposal.
Deuton, Texas. Bonds Registered. The State Comptroller
Belle Center, Ohio.— Bonds Proposed,— The issuance of
electric-light bonds to the amount of $-(,000 is provided for in has registered an issue of $4,000 refunding bonds of this city.
Denver, Colo. Bond Offering, Proposals will be received
a bill recently introduced in the State Legislature.
Beverly, Mass. Loan Authorized. At a meeting of the until 11 A. M., Feb. 23, by the Board of Public Works—Joel
City Council held on Jan. 1, 1900, a temporary loan for $225,- W. Shackelford, President— for $200,000 3^% water-works
bonds, Series "A." Securities are part of an issue of $4,700,000 was authorized.
Bloomfleld, N. i.—Bond Sale.— Oa Feb. 5 the $50,000 4^ 000 voted last fall for this purpose. They will be in denom30-year sewer bonds were awarded to Dick Bros. & Co., inations of $100, $500 and $1,000 (to be decided later), dated
Philadelphia, at 109 77 an interest basis of about 3-47^. Fol- March 1, 1900. Interest will be payable semi-annnally at the
office of the City Treasurer or at the Mercantile Trust Co.,
lowing are the bids
107-038 New York City.
Principal will mature March 1, 1915, subDick Bros. & Co.. Philadelphia. 10977 J ohn D. Everitt & Co., N. Y
Thompson, Tenny & Crawford,
N. W. Harris & Co.. Wew York. .106-41
ject to call after March 1,1910.
The board reserves the
108-579 E. D. Shepard & Co., New York. 106-377
New York
106-07
108-30
right to make one delivery of the entire issue of bonds or to
SpitzerA Co., New York
G. M. Hahn, New York
Geo. C. White, Jr., New York ..10833
Seasongood & Mayer,Cincin....l05-586 deliver the same from time to time in instalments
of not less
108-067 K. Kleybolte & Co., New York.. 103-59
Farson, Leach & Co..N. Y
B. C. Jones & Co.. New York.... 107-516
than $25,000, the purchaser in either caae to pay all accrued
interest.
A certified check for 2% of the amount of bid on
For description of bonds see Chronicle Jan. 20, p. 140.
some bank or trust company in Denver, and payable to the
Bolivar County, Miss. Bond Bill Passes Senate The
Senate has passed a bill authorizing the iesuance of $60,000 City Treasurer, must accompany proposals.
i^owd Sate.— On Feb. 2 the International Trust Co., Denbonds for refunding and other purposes.
ver, was awarded $3,300 Champa Street paving bonds at
Botetourt County, Va. Bonds Authorized by House.—
103-91, $3,200 Eighth Avenue paving bonds at 104 06 and
bill authorizing refunding bonds has been passed by the
$9,000 Capitol Hill storm sewer Donds at 102 22. The $9,000
House of the State Legislature.
Brockton, Mass. -Loan Authorized. The City Council Capitol Hill grading and curbing bonds were awarded to
has authorized a temporary loan of $300,000 in anticipation Wm. E. Sweet at 102.
Douglas County (Wash.) School District No. 24:.—Bond
of the collection of taxes.
Brunswick County, Va. Bonds Authorizedhy Legislature. Sale. The State Land Commission has decided to purchase
The State Legislature has authorized the issuance of re- $800 5% 1-5-year (optional) bonds of this district.
Dubuque, Iowa. Purchase of Water- Works. The Dufunding bonds.
buque Water Company has accented the city's proposition to
Bnena Yista, ya..—Bonds Authorized by Legislature.
The issuance of bonds has been authorized by the General purchase the water plant for $545,000. This arrangement
must be ratified by a vote of the people, and it will be subAssembly.
-Bonds Proposed.—The State Legislature mitted, it is stated, at an election to be held in April.— See
Buffalo, N. Y.
has under consideration a bill authorizing this city to issue V. 69, page 1116.
Elizabeth City County, Ya. Bonds Authorized by House,
$600,000 3^% school bonds.
Cambridge, Dorchester County, K<1.— Bonds Proposed.— —The House of the State Legislature has authorized the issuThe issuance of bonds to the amount of $10,000 is provided ance of bonds to pay off indebtedness incurred in a small-pox
epidemic and for the improvement of public roads.
for in a bill now being considered in the State Senate.
Elizabeth City (Ya.) School District.— Bond Bdl Passes
Carroll County, Md. Bonds Proposed.— The issuance of
House. The issuance of school bonds , has been authorized
redemption bonds is provided for in a bill now before the
by the House of the State Legislature.
State Legislature.
Elmwood Plaee, Ohio. Bonds Voted and Defeated, At
Cascade County (P. 0. Great Falls), Mont.— Bond OfferProposals will be received until 10 a. m., March 5, by the election held on Jan. 30 the question of issuing bonds to
ing.
Vincent Fortune, County Clerk, for $33,000 i% coupon bonds. the amount of $30,000 for various purposes resulted in defeat,
Securities are in denomination of $1,000; interest will be with the exception of $12,000 for school purposes, which carpayable Jan. 1 and July 1 at the office of the County Treas- ried.
El Paso, Texas. Bond Sale.— On Feb. 1 this city sold to
urer. Principal will mature 20 years from date of issue,
subject to call after ten years. Securities are put out under M. S. Swain, Austin, $10,000 city hall and $20,000 sewer
authority of Article 3, Title 2, Part 4, of the Political Code bonds at 108-66— an interest basis of about d-35%. Securities
of Montana. A certified check or New York draft, payable are in denomination of $1,000, dated Feb. 1, 1900. Interest
to the County Treasurer, for $2,500 will be required with each will be at the rate of 5%, payable semi-annually at the office
the last moment,
properly protected.
-Jit
it
—
—
—
—
—
.
—
—
—
—
—
—
—
—
—
proposal.
An issue of bonds to the amount of $30,000 was offered for
sale on Jan. 8, 1900, but the only bid considered at that time
was rejected.
Chagrin Falls, Ohio. Bonds Proposed.—This city is considering the issuance of bonds for paving purposes, but as
yet nothing definite has been done in the matter.
Chelsea, Mass.—Loan Authorized.— The City Treasurer
has been authorized to borrow $350,000 in anticipation of the
collection of taxes.
of the City Treasurer. Principal will mature Feb. 1, 1930,
subject to call after Feb. 1, 1920.
Englewood, N. J.— Bond Sale.-On Feb. 6 the $8,000 d}4%
10 year fire- house bonds were awarded to Spencer Traek
Co. of New York (the only bidders), at lOO'lO— an interest
basis of about 3*49^. For description of bonds see Chronicle
Jan. 13, p. 94.
&
Etowah County (P. 0. Gadsden), A\a,.—Warrant Offering.
—Proposals will be received until Feb. 28 (time extended
from Feb. 5) by the Court of County Commissioners for
Chillicothe, Mo.— Bond Sale.— An issue of $30,000 i% refunding paving bonds has been sold to R. V. Montague of $10,000 6% current-expense warrants, Series " B " Securities
Kansas City. Securities are in denomination of $500, dated
are in denomination of $1,000. Interest will be payable April
Jan. 1, 190O.
Cincinnati, Ohio.— Bonds Issued. At a meeting of the
Sinking Fund Commissioners held on Feb. 1 it was voted to
purchase $28,471 68 Delta Avenue improvement bonds and
$1,122 37 bonds which are to be issued for the improvement
of Elberon Avenue.
Clark County, Ya.— Loan Authorized by Senate. The
State Senate has passed a bill permitting the Board of Super-
—
—
1
and the principal will mature six years from
J. H. Lovejoy is Judge of Probate.
The official notice of this offering will be found among
and
Oct.
1
date of issue.
the advertisements elsewhere in this Department.
Fall River, Mass.—J5onds P/-oj?osed.— The Board of Alderhas passed orders to petition the State Legislature for
visors to borrow mcmey.
authority to issue $100,^00 bonds for the extension of the
Clinton, Mass.— Bonds Proposed.—The House Committee water- works system and $100,000 bonds for school houses.
on Towns has reported favorably a bill authorizing the issuParmersville (Ohio) School District.- .Bond Offering
ance of $175,000 4% 30-year bonds to fund certain debts.
Withdrawn. We are advised by T. E. Sullivan, Clerk of the
Columbus, Ohio.— Bonds Authorized.— On. Feb. 5 the City Board of Education that the sale of §7,000 bonds of this disCouncil authorized the issuance of $7,500 bonds for the im- trict, advertised to take place on Feb. 19, has been temporaprovement of Champion Avenue.
rily withdrawn pending " additional preliminaries."
111.— Bonds Authorized—Bond Offering.—
Cook County,
Fayette County (P. 0. Conuersville), Ind.— ^ond OfferOn Feb. 5 the Board of County Commissioners authorized ing. Proposals will be received until March 7 by the Board
the issuance of $1,158,500 4% refunding bonds. Proposals for of County Commissioners for $19,000 5^ funding bonds. Sethese bonds, it is stated, will be received until Feb. 19, 1900. curities are in denomination of $1,000, dated March 1, 1900.
Cripple Creek School District, Teller County, Colo.— Interest will be payable semi-annually at the First National
Bond Offering.— We are advised by Carrie E. Berry, Sec- Bank of Connersville. Principal will mature $5,000 yearly
retary Board of Education, that proposals will be received in six, seven and eight years and $4,000 in nine years. A
until 8:30 p. m., March 6, for $65,000 funding and $25,000 re- certified check for $270 will be required with each bid.
funding bonds. Securities are in denomination of $500; in- Homer M. Broaddua is County Auditor.
men
—
—
— —— —
—— —
February
—— — —
—— —
THE CHRONICLE.
10, 1900.J
—
Bonds Proposed. This city is considerIntl.
the question of issuing bonds for an electric-light plant.
Fresno, Cal. Bond Election Proposed. An election will
be held in this city in the near future to vote on the question
of iesuing $90,000 bonds for various purposes.
Fulton, N. \.— Bonds Authorized. The Board of Trustees
of this village on Jan. 35 authorized the issue of $115,000
bonds for a water-works plant. These securities were voted
at the election held on June 28, 1898.
(xalveston, Texas.— Temjoorart/ Loan. This city has negotiated a loan of $50,000 with the Galveston National Bank
at 6^ interest. Loan is dated Feb. 1, 1900, and matures Dec.
Frankfort,
infj
—
—
—
1,
293
Lyman &
Co., Kansas City, at 105— an interest basis of about
Bonds mature $3,000 in 1913, 1914 and 1915 and $4,000
m%.
in the years 1916 to 1919, inclusive.
For full description of
bonds see Chronicle Dec. 16. p. 1261.
Bonds Pi oposed.— The issuance of
Laurens County, S.
C—
refunding bonds
is
provided for in a
bill
in the State Legislature.
recently introduced
—
Lexington, Miss. Bonds Proposed. The Senate Commitand Private Legislation has reported favorably
on Senate Bill No. 97, which authorizes this town to issue
tee on Local
bonds.
Lima, N. Y.—Bill Legalizing Election
—Bond
Offering,
—
The State Legislature has passed a bill
1900.
Olenville (Ohio) Sf^hool District— Proposed Bond Elec
Hon. —On Feb. 1 the Board of Education passed a resolution
to issue $30, COO f chool bonds. A special election will be
held to vote on this issue.
The Common
Mass. Loan Authorized
Wloucester,
Council on Feb. 1 authorized the Finance Committee to borrow |2,000 in anticipation of the collection of taxes.
Grove City (Pa.) Scliool District.— fiond Election.— At the
general election Feb. 20 this district will vote on the question
of i'^suing $34,000 bonds for a new school building
Hamilton (Ohio) School District.— Bond 0#ertngf.— Proposals will be received until 12 m,, Feb. 24, by W. N. Andrews, Clerk of the Board of Education, for $17,000 4% real
estate improvement bonds. Securities will be in denomination of $500, dated Feb. 24,1900; interest will be payable
semi-annually at the Firsr National Bank, Hamilton. Principal will mature as follows: $3,000 in 1902 and $2,000
—
.
yearly from 1903 to 1909, inclusive. Bonds are issued in
pursuance of Section 3994 of the Revised Statutes of Ohio.
Proposals must be accompanied by a certified national bank
check for 5% of the amovint bid, payable to the order of W. N.
Andrews, Clerk. The district, we are informed, has never
defaulted in payment of interest or principal and there is no
litigation pending or threatened affecting the validity of this
issue.
Hampden County, Mass.— Bonds Proposed.— A
bill
re-
cently introduced in the State Legislature permits the County
Commissioners to borrow $400,000 for a bridge between Springfield
——
and Wtst Springfield.
—
Mass.— -Loan Authorized. The Board of Alderauthorized temporary loans to the amount of $200,000.
Holbrook, Mass.— Loan Atithorized.— At a town meeting
held recently the Treasurer was authorized to make temporary loans not to exceed $10,000 in amount.
Home City, Ohio.— Bond Election. The Village Council
has decided to call an election on Feb. 26 to vote on the
question of issuing $30,000 bonds for street improvements.
Haverliiil,
men
—
HortOD, Kan. Bonds Proposed.— There is some talk of
this city buying the water- works system, and if it is decided
to do this bonds to the amount of $40,000 will be issued.
Hudson, Mass. Loan Authorized.— The usual order authorizing temporary loans in anticipation of the collection
of taxes to the amount of not more than $175,000 has been
passed by the Common Council.
Hyde Park, Ohio. Bond Offering.— PioposalB will be received until 12 M., Feb. 27, by Frank Lewis, Village Clerk,
for $1,726 43 43^^ 110-year street-improvement bonds. Securities are in denomination of $170, except one bond, which
is for $196 42, all being dated Feb. 3, 1900.
Interest will be
payable annually.
Bond EUction.—A special election will be held Feb. 26
to vote on the question of issuing $202,000 bonds for street,
sewer, water and other improvements.
Indian Creek Township, Anderson County, Kan.— Bond
Soie.— This township has sold through the Bank of Greeley
an issue of $10,000 Z%% refunding bonds. Securities are in
denomination of $1,000 and mature Jan. 15, 1920, subject to
call after 1914.
Jalisco (State), United States of Mexico.— Bond Sale.—
This State has disposed of an issue of $1,0U0,000 6^ gold bonds
for water-works, sewerage acd public buildings
the city
of Guadalajara.
The bonds have been purchased by
Mason, Lewis
Co. and Geo. D. Cook Co., Chicago. They
are in denomination of $1,000, dated Feb. 1, 1900. Interest
will be payable semi-annually in New York City in gold coin
of the United States of America of the present standard of
weight and fineness. Principal will mature Feb. 1, 1930,
subject to call $100,000 yearly, beginning Feb. 1, 1920. The
total debt of the State is $2,500,000, represented by 6% gold
bonds. The assessed valuation is $52,853,354, which is about
one-fourth actual value. The population is estimated at
m
&
legalizing the election
held last fall to vote on the question of issuing bonds for
water-works. These bonds, to the amount of $23,000, were
awarded last November, but are now being again offered for
sale.
Proposals, therefore, will be received until 7:30 p. m.,
Feb. 12, by H. H. Thompson, Village Clerk, for $23,000 5-27year (serial) water bonds. Interest will be at a rate not exceeding 5%, payable semi annually in New York City.
certified check for $200 will be required with bids. The successlul bidder must furnish blank bonds.
Lima, Oliio. Bonds Proposed. A bill now before the State
Legislature provides for an election in Lima to vote on the
question of issuing $100,000 school bonds.
Lincoln, Neb. Bond Sale. This city has sold to Nelson
C. Brock, Lincoln, repaving district bonds to the amount of
$16,400 at 101 "0625. Bonds bear 5% interest and mature onetenth yearly.
Lincoln, R. I. Loan Authorized. The Town Treasurerhas been authorized to borrow §10,000 to meet current expenses.
A
—
—
—
Lincoln County (Wash.) School District No. 72.— Bond
Sale.— Oa Feb. 2 $3,500 10 year bonds were awarded to W. E.
Bell, Spokane, at 102 "12 for &% bonds, the purchaser to furA. S. Kean, Chinish blank bonds. Other bidders were
bonds; Roberts Bros., Spokane, 101'04for
cago, par for
&% bonds, and H. E. Noble, Portland, 101-04 for 7% bonds, the
last two bids including blank bonds in addition.
Lockland, Ohio. Bond Election.— An election will be held
in this village to vote on the question of issuing |4O,00O
street-improvement bonds.
Logansport, Ind.— Bonds Proposed.— The City Council has
under consideration a resolution providing for the issuance
of $70,000 bonds.
Lowell, Mass. Loan Auihorized.— An order was passed
by the Board of Aldermen on Jan. 1, 1900, authorizing the
City Treasurer to negotiate from time to time loans aggregating not more than $1,000,000 in anticipation of tax col:
H
lection.
—
McKeesport (Pa.) School District. Bonds Proposed.
The Finance Committee of the School Board recommends the
issuance of $100,000 bonds for school buildings.
Madison County (P. 0. London), Ohio. Bond Offering.
Propasals will be received until 12 M Feb. 19, by B. A. Taylor, County Auditor, for $35,000 5% refunding bonds.
Securities are in denomination of $1,0(0, dated March 1, 1900.
Interest will be payable March 1 and September 1 at the office
of the County Treasurer. Principal will mature $5,000
yearly on March 1 from 1901 to 1907, inclusive. All bidders
must be satisfied as to the legality of the bonds before filing
bid.
A certificate from the County Treasurer showing that
the bidder has deposited with him 5% of bid in cash must
—
,
accompany
proposals.
—
Madisonville, Ohio.— Bond Offering. Proposals will be
received until 12 M., March 3, by Bennett Carter, Village
Clerk, for $9,773 20 (or less if part of assessments are paid in
cash) 6% 1-10-year bonds. Securities are in denomination of
$977 32, dated March 1, 1900. Interest will be payable annually at the German National Bank, Cincinnati.
Marlborough, Mass. Loon Authorized. The Board of
Aldermen has authorized a loan of $175,000 in anticipation
—
of the collection of taxes.
Bonds Pn posed.- This city seeks legislative authority to
issue $20,000 refunding bonds.
Temporary Loan. This city has borrowed temporarily
$50,000 at 5>^^.
—
—
Melrose, Mass.— Proposed Highway Lean. The Board of
Aldermen has under consideration an order providing for a
loan of $100,000 for highway purposes.
Mercer County, Ohio. Bonds Proposed.— A bill has been
introduced in the State Legislature authorizing the County
Commissioners to issue §7,000 bonds.
Metz School District, Vernon County, Mo.— Bond Sale.—
1,130,000.
This district has arranged with a local firm for the sale of
Lansing, Mich. Bond OJ'enngf.— Proposals will be received |1,000 bonds at par.
until 4 p. M., Feb. 12, by C. C. Mishler, City Clerk, for $30,Montgomery County, N. Y.— Bond SaZe.— On Feb. 1 the
000 43^!^ paving bonds. Securities will be dated Jan. 15, 1900, $27,500 414^ 8 12-year (serial) gold alms-house bonds were
and will mature on Jan. 15, $10,000 in 1903 and $20,000 in awarded to the Schenectady Savings Bank at 101-29- an in1905.
Each bid must be accompanied by a certified check terest basis of about 3-10$S. For full description of bonds see
on some national bank in the sum of $500. The city has made Chronicle Jan, 20, p. 141.
several attempts to sell these bonds, but rejected all bids reMontgomery County, Ya.— Bonds Proposed.— In order
ceived each time.
that this county may macadamize the road between ChrisLansinghurg, N. Y.— Bonds Proposed.— A bill now before tiansburg and Blacksburg, a bill has been introduced in the
the State Legislature provides tor the issuance of $20,000 State Legislature authorizing the issuance of bonds for this
water bonds.
purpose. The bill has passed the House.
Laurel, Md. Bonds Proposed.— A bill, it is stated, will
Montpelier, Yt.— Bonds Proposed.— The School Board has
be presented in the State Legislature providing for the issu- requested the City Council to issue $30,1.00 10-20-year bonds
ance of bonds for a water works plant.
for a new school house.
Lawrence (Kan.) School District.- Bond Sale.— Oa Feb.
Loon Authorized. The City Council has authorized the
1 the $25,000 i% gold school bonds were awarded to J. W.
Treasurer to borrow $10,000 temporarily.
—
— ——
—
—
THE CHKONICLE
2P4
NashTille, Tenn.— Bonds Proposed.— In his annual message to the City Council on Jan. 11 Mayor James M. Head
recommended that legislative authority be obtained for the
issuance of $500,000 sewerage bonds. An ordinance was also
introduced in the City Council on the same day (Jan. 11)
providing for an election to vote on the question of issuing
$150,000 electric-light bonds.
Natchez, Miss.— Bonds Proposed.—The Board of Aldermen
has adopted a resolution askiug authority of the State Legislature to issue $25,000 5% 30-year school bonds. See Chronicle, V. 69, p. 1314.
Natchitoches, La.— Bond Election.— Am election will be
held in this place to vote on the question of issuing $30,000
An agreef)% 40-year electric-light and water-works bonds.
has been entered into between the city
ment, it is stated,
and Duke M. Farson, Chicago, whereby the latter will take
the bonds at par, provided they are favorably voted upon.
bill now before the
Natick, Mass.—Bo?ids Proposed.—
State Legislature provides for the issuance of $50,000 i%
school-house bonds.
New Haven, Conn.— Bond O/eringr.— Proposals will be received until 8 P. M., Feb. 15, by Jonathan N. Rowe, City
Comptroller, for a six-months' loan of $230,000 to retire
floating icdebtednegs. This loan is made in anticipation of
the issuance of bonds.
New Haven, Pa.— Bond Election,— This borough will vote
at the coming election on the question of issuing $5,000
street-improvement bonds.
Certificate Sale— On Feb. 6 $60,New Rochelle, N.
752 86 6% certificates of indebtedness were awarded to W. J.
Sons, Cleveland, at 107-073. Securities are in deHayes
nomination of one for $9,752 86 and four for $15,(]G0 each.
They are dated Feb. 1, 1900, and mature one certificate
yearly. Interest will be payable on Feb. 1 and Oct. 1.
^ond O^ermgr.— It is stated that the city will receive bids
until March 6 for an issue of about $26,000 sewer certifi-
A
Y—
&
were asked until Jan. 11, were not sold on that day, nor
have they yet been disposed of.
0. Port TVashiogton), Wis.— Bo«d
will be received until 1 p. m. today
(Feb 10) by John M. Schmit, Chairman County Board, for
$30,000 ifc bonds. Securities are in denomination of $3,000,
dated March 1, 19C0. Interest will be payable annually
on March 1 and the principal will mature one bond yearly
on Marcn 1 from 1903 to 1912, inclusive.
Pomona, Cal. Bond Election Proposed. An election is
proposed in this place to vote on the question of issuing
$30,000 sewer bonds.
Reading, Pa. Bond Issue.
are advised by the City
Clerk that this city will issue on March 31 $100,000 bonds
for paving and sewer purposes.
Ozankee County (P.
Offering.
We
—Proposals
—
—We
Rensselaer, N. Y.—Loan Authorized.— The City Treasurer
has been authorized to borrow $5, COO from the improvement
fund and place it to the credit of the general fund.
Rockville, Ind.— Bond Sale. This place has sold to the
Rockville National Bank an issue of $5,000 electric-lightplant bonds.
—
—
Roswell, N. Mex. Bond Offering. Attention is called to
oflScial notice elsewhere among the advertisements in
this department of the offering for sale at 2 p. m., March 1,
by B. F. Hammett, Jr., Town Clerk, of $30,000 A% 20-30 year
sewer and street-improvement bonds. A full description of
these bonds was given in the Chronicle Jan. 27, on page 194.
the
—
Salem, Mass. Loan Authorized. The customary loan
order for $100,000 in anticipation of the collection of taxes
has been passed by the City Council.
Schenectady, N. Y. Bond O^ermg.— Proposals will be received until
A. M. today (Feb. 10) by J. H. Bernardi, City
pavement notes, as follows
Treasurer, for $40,741 28
U
H
All the above notes are dated Feb. 10, 1900, and one note cf
each series will mature yearly on May 10 from 1901 to 1904.
inclusive.
Interest will be payable annually at the office of
the City Treasurer.
NEW
NE\AM_OANS.
^i,soo,ooo
CITY OF TACOMA
FUNDING BONDS OF
^30,000
New
Roswell,
1900.
We Own and
14, 1900, at
The bonds designated as Roswell Water System
and Improvement Bonds will be issued as 4 per cent
OF TACOMA,
semi-annual. 20-30 year, straight, sewer and street
to take up and cancel outstanding warrants.
improvement bonds to the amount of $30,000, dated
"SERIES A," 1,000 BONDS OF $1,000 EACH; April 1, 1900, denominations $1(0, payable at West"SERIES B," 400 BONDS 8500 each; TOTAL ern National Bank, New York City. Authorized by
ISSUK. $1,200,000. Dated February 15, 1900, payable Act of Legislature. Territory of New Mexico, ThirtyFebruary 15, 1920, interest semi-annually, at the third session, taws of 1899, page 173. Also see Act
Fiscal Agency of the State of Washington \p. New of Congress, approved March 4th, 1898, in reference
York City.
to issuing of bonds in the Territory and removing
Bonds will be sold at not less than par and accrued limitation placed thereon by the Springer Law.
Interest to day of delivery and to the person bidding
The bonds will be sold on March 1, at 2 P. M., by
to take the same at the lovFcst and best rate of sealed bids by B. F. Hammett, Jr., Clerk.
interest. All bids must be accompanied by duly
Bids received up to 12 M.^Warch 1st, 1900.
certified check in the amount of two per cent of the
Enclose a certified check for $600, payable to the
bonds bid for, on a responsible bank of Tacoma, order of H. L. Gill, Treasurer, town of Roswell.
Wa8hing1;on, payable to the order of W. A. SternHas this city ever defaulted on interest or prinThe
is reserved to reject
advertisement see the
"Tacoma Daily Ledger," commencing January 10.
The favorable opinion of the Honorable John F.
Dillon, of New York City, as to the legality of these
Bonds has beenlreceived and will be furnished by
the city.
Blank proposals and circulars can be had at the
office of the UNITED STATES MORTGAGE &
TRUST CO., 59 Cedar Street. New York City.
For other information address,
berg, Treasurer.
all bids.
For
right
official
ALFRED LISTER, City Controller,
Secretary of Sinking Fund Commission,
cipal?
No.
Has the
legality ot
any
^io,ooo
H
Roswell,
County,
Assessed valuation, $1,298.325 total debt, $152,000; less water debt (self sustaining), $80,000; leaving net debt, $72,000. Population over 3,000 and increasing.
San Luis Obispo is an old, well-established town
and County seat of a fine farming and fruit county,
having an excellent class of population. Combined
Banking Capital and Surplus over $500,000.
;
The State Constitution compels the "colleciion ot an annual tax sufBcient.to par
the interest on such indebtedness as it tails
due. and also provision to constitute a sinh.
ing fund for the payment of the principal "
$3,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
bonds pending?
HAMMETT. Jr.,
$8,S'00
$2,900
$2,900
$2,900
$2,900
12,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
$2,900
Clerk,
New Mexico.
Ala.,
CURRENT EXPENSE WARRANTS
Custer County,So.Dak.,
Notice is hereby given that the Court of County
Commissioners of Etowah County, Alabama, will
BONDS.
receive bids for sale of Tea $1,000 each, Series " B,"
No. 1 to 10, Current Expense Warrants, Q% interest,
Wednesday, February 28th, 1900. Said Current Expense Warrants to be payable six years from date of
delivery interest and principal payable at place to
suit the purchaser. Interest payable semi-annually
April and Octdber Ist. All bids to be in writing and
on file with the Judge of Probate on or before February 28th, 1900.
The Court of County Commissioners reserve the
right to reject any and all bids.
By the order of the Court of County Commission-
Notice is hereby given that the Board of County
Commissioners of Ouster County, South Dakota,
will receive bids for the sale of $26,569 of the bonds
of said county, at the adjourned meeting of said
board, Thursday, February 15th, 1900. Said bonds
to be parable twenty years from date, or at option
of County ten years after date. All bids to be in
writing, and to be on file with the County Auditor
on or before the 15th day of February, 1900.
The Board reserves the right to reject any or all
;
ers.
J.
H.
LOVEJOY,
Judne of Probate, Etowah County.
Gadsden, Alabama.
BONDS,
urer's Office.
Bonded debt (including this issue) $31,600.
Sinking fund commences 1912.
Assessed valuation $429,288.
Actual valuation, $1,500,000.
Tax rate, per $100, $3 39.
Population (estimated) 3,000.
Board reserves the rieht to reject any and all bids.
Information sent by
B. F.
WATER & SEWER
Cal.,
Dated December 1, 1899. Due $2,900 annually on
December 1. 1 to 40 years. Denominations. $500 and
$900. Coupons December 1, annually, at City Treas-
No.
Tacoma. Washington.
Etowah
H GOLD
bonds ever been questioned?
litigation aflecting
City of
San Luis Obispo,
No.
Is there
Offer
$116,000
BONDS.
SINKING FUND COMMISSION
any and
LOANS.
Mexico,
2 o'clock P. M.,
of the CITY
Washington, will open bids lor bonds
Wednesday. February
the
:
$27,065 16 State Street paving notes, in denomination of $6,766 29.
8,105 60 Mumford Street paving notes. In denomination of $2,026 40.
5,570 12 Kelton Avenue paving notes, in denomination of $1,392 63.
CSit^S
New York City.— Papid Transit Bill Signed.— The Rapid
Transit Bond Bill mentioned in the Chronicle on Jan. 27
was signed by the Governor on Feb. 8.
are adNez Perces County, Idaho.— Bonds Not Sold.—
vised ihat the $50,000 5% funding bonds, for which proposals
LXX.
[Vol.
Matv/ritits.
Price to Net 4^.
.100-85 and interest
1, 1900.
1. 1901. ...101 -66
1, 1902. ...102-45
1, 1903. ...103-20
1, 1904. ...103-92
1, 1905. ...104-61
1, 19<6. ..105 27
105-91
1, 1907.
•"
1, 190 <. ...lf6-52
1, 1909. ...107-11
1. IHO. ..107-67
1,1911. ..108-22
1, 1912. ..108-74
1, 1913. ..109-24
1, 1914. ..109-77
1, 1915. ..110-11
1, 1916. ..110 62
1, 1917. ..111-04
1, 1918. ..11145
1, 1919. ..111-84
1, 1920. . 112-21
1, 1921. . 112-57
1, 1922. ..112-92
1, 1923. ..113-25
1, 1924. ..113-57
1, 1925. ..113-87
1, 1926. ..114-17
1, 1927. ..114-45
1, 1928. ..114-;2
1, 1929. ..114-96
1.1930. ..115-23
1, 1931. ..116-47
1, 1932. ..115-70
1, 1933. ..115-92
1, 1934. ..116-13
1,1935. ..116-38
1, 183tV ..116-53
1. 1937. ..116-72
1, lO.'^S. ..116-90
1. 1939. ..11707
December
.
.
.
.
.
Legality of bonds approved
Hornblower, By me. Miller 4 Potter.
b
MessiL.
bids,
Byorderofthe Board
of
County Commissioners,
E. D.
Custer County, South Dakota.
W.
A.
So. Dak.
CO.,
BANKERS.
SMITH,
County Auditor, Custer.
SHEPARD &
31
Nassau Street,
New
York.
— — ——
—
February
—
THE CHRONICLE
1900.]
10,
—
Sonth Carolina. Bond Bill Passes House. On Jan. 30
the House of the State Legislature passed a bill providing for
the submission to a vote of the people of a constitutional
amendment permitting certain cities— namely, Columbia,
Charleston, Georgetown, Spartanburg and Rock Hill— to increase their bonded indebtedness to 15^ of the assessed valuation of property, the increase so authorized to be utilized in
public improvements.
Spartansbarg', S. C. Bond Election Proposed. This city
will vote on the question of issuing $50,000 street-improvement bonds. The date for the election has not yet been determined upon.
bill recently inSpringfield, M.m9.— Bonds Proposed.
troduced in the State Legislature permits the issuance of
$1,')00,0?0 bonds for the purpose of increasing the water supply of the city.
Springfield, Ohio. Bond Sale.— Oa Jan. 16 this city sold
if8,803 7fi Q% 1 5-year sewer bonds to the trustees of the Firemen's Pension Fund at 105*50 an interest basis of about
—
—
Toledo, Ohio. Bonds Autlwrized. An ordinance has been
passed providing for the issuance of $25,333 65 4% bonds for
the improvement of Navarre Avenue.
Bond Offering. Proposals will be received until 7:'^0 p. M.,^
March 9, by Geo. V. Roulet, City Auditor, for $51,806 21 Sjg.
street-improvement bonds as follows
—
:
A
bill now
SunfloT?er County, Miss.— .Bonds Proposed.—
before the State Legislature provides for the issuance of
$75 000 refunding railroad-aid bonds.
Tacoma. Wash. Opinion on Funding Bonds. Alfred Lister, City Comptroller, writes us, directing attention to the
fact that the Hon. John F. Dillon of New York has given a
favorable opinian as to the legality of the $1,200,000 bonds to
be sold on Feb. 14. Copies of the opinion can be obtained on
—
application.
Bond
ThomasTille, Ala.
ceived
until 3 p.
M
Ojffering.
April
,
—Proposals
will be re-
by Norman Green, Clerk,
2,
(seiial)
street-imDrovement
12-19-year
5%
Securities are
in
denomination of $1,000; interest will be payable Jan. 1 and July 1 in New York City.
This place has no other indebtedness. The assessed valuation is $130,000, about one-half actual value. The population
for
$8,0'
bonds.
is 1,050.
Three Rivers, Mich. Bonds Voted.— On Feb. 5 this vilby a vote of 617 to 34, authorized the issuance of $8,000
bridge bonds. Securities will mature $2,000 yearly from 1905
lage,
to 1908, inclusive.
Other details of the issue are not yet de-
termined.
Name.
No.
10..
10..
10..
10
10
.
.
Amowit
Daze.
Oct. 11, 18P9
Oct. 17. 1899
Oct. 31,1899
.Jackson Street
Ontario Street
.
..Kenll worth Avenue
*•?.??}
6,481
2.412
1.315
1,1899
1, 1899
1,18P9
],lh99
1, 1899
1, 1899
1,1899
14, 1899
Dec. 26. 1899
..Sixth Street
Scott Street
.
10.. . Eastern Avenue
10.. . Michigan Street
10.. ..Oak Street
10.. ..Twenty-third Street
20.. ..Woodruff Avenue
.
.
99
66
87
24
6,11526
a,1682r
1,162 65
3,76875
2,494 98
.5,.358 95
3,159 75
5,082 83
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
10.. ..Alley
10.. . . Bancroft Street
—A
—
295
Interest will be payable semi-annually at the office of the
City Treasurer. Principal will mature one bond of each
Securities are issued under sections
series everv six months.
deposit in money
2704 to 2707. Revised Statutes of Ohio.
or a certified check on some national bank of Toledo equal
to 10^ of the par value of bonds will be required with each
proposal.
Two Rivers, Wis.— Bonds Voted.— At a special election
held on Jan. 30, it was voted to build a $50,000 electric-light
and watf'r-works plant.
Utica (Town). N. Y.—Bond Offering.— The Board of Town.
Auditors will otter at public sale at the City Clerk's office, at
Interest will be payable
2 p. M. on Feb. 12, $20,000 5^ bonds.
semi annually at the office of the City Treasurer and the
principal will mature Feb. 12, 1901. Bonds are issued pursuant to Section 16 of Chapter 202 of the Laws of 1897, as
amended by Chapter 535 of the Laws of 1898, being Section 3
of said last-named Act, and to a resolution of the Board of
Town Auditors passed Jan. 30, 1900, and are exempt from
certified check in the sum of 5^ of the amount
taxation.
of bonds must be deposited by purchaser on day of sale. The
bonded debt of the town (exclusive of this issue) is $225,000;
assessed valuation, $37,576,687; estimated population, 60,000,
Warren County, i>liss.— -Loan iVegofia^ed.— The Board of
Supervisors on Feb. 5 awarded to the First National Bank,
Vicksburg, a loan for $40,000 at h}4% interest. Loan wag.
A
A
MWJSXMJENTS^
Government
SPITZER &
and
Municipal Bonds DENISON, PRIOR
BOUGHT AND
SOLD.
APPRAISEMKNTS MADE OR QUOTATIONS
FURNISHED FOR THE PURCHASE, SALE OR
EXCHANGE OF ABOVE SECURITIES.
ON APPLICATION.
L.I8TS
N.
W. HARRIS &
31
NASSAU
ST. (Bank
of
Commerce
BIdg.)
[Established 1871.1
BANKERS,
DEALERS IN
Dealers in High-Grade
Bonds. Investment Securities^
Grade
Higli
Making a
SEND FOR
CO.,
BANKERS,
& CO.
TODD &
R,
Western Municipal Bonds.
35 Congress Street, Boston.
CO.,
SUCCCBSOI'H to
BRIG(;S,
TODD
«fc
Investment Securities
CO.,
FOR
MUNICIPAL BONDS.
CINCINNATI. OHIO,
No. 1 Nassau Street.
5«
EDW.
PHILA.,
JONES &
C.
-
-
1
-
-
112 SO.
FOURTH
Whann &
DEALERS
MUNICIPAL
Leach &
NEW
100 Dearborn
We
ofler
St.
Co.,
YORK,
35 Nassau
ST.
Bell
Telephone
Licensee Companies.
Prices and particulars on application.
E. H.
19
ROLLINS & SONS,
MILK STREET, BOSTON.
Co.,
IN
RAILROAD
City,
BROADWAY
•
Street.^
NEW YORK.
-
53 Broadway.
6c
CO.,
Members New York and Chicago Stock Exchanges.
R.FULTON & CO.,
Municipal Bonds,
la salle street,
CHiCACG.
SECURITIES.
71
-
LAMPRECHT BROTHERS
171
St.
bonds secured by Firat Mortgnge
on the properties ot
American
and
197 Superior
•
A 11 securities having a Cleveland market bought
and sold.
F.
MAILED ON APPLICATION.
CHICAGO,
BONDS.
New York
CO.,
NASSAU STREET.
-
SAVINGS BANK AND TRUST Ciiarles
FUNDS.
Farson,
The Lamprecht Bros. Co.^
IVIUNICIPAL
AND OTHER HIGH-GRADE
EASTERN BRANCH:
SUITABLE FOR
LISTS
Spitzer Building, Toledo. Ohio.
Cleveland, Ohio,
BONDS A SPECI4LTY
NEW YORK.
PUBLIC SECURITIES
NASSAU STREET, NEW YORK.
20
SAVINGS BANKS and TRUST FUNDS
NEWVORK,
No. 35 East Third Street.
Specialty of
LISTS.
121 Euclid Avenue, Cleveland.
W.
CO.,
Devitt,
Tremble
&
Co.,
MUNICIPAL BONDS.
Perry, Coffin
&
Burr,
First National
Bank
Building,
CHICAGO.
INVESTMENT BONDS.
6o State Street,
BOSTON.
Austin. Jan. 16, 1900.
Notice is hereby given that all Harrison County,
Texas, Comrromlse RiUroad Suhsidy bonds will be
paid on presentation at the Treasury of the State
of Texas.
Interest will cease after April 11, 1900, on all bonds
not previously called.
K.
FINLEY. Comptroller.
W
——
:
THE CHKOJNICLK
296
made
to defray
running expenses for
Following bids
1900.
Miller,
West Unity
.
Bank
LXX.
& Co.. Cleve... $8,065 00
First Nat. B'k, Barnes viPe.... 8,06100
Denison Prior
$8,30100
W. J Hayes & Sons, Cleve
Seasongood & Mayer, Cincin...
were received
First National
H.
J.
[Vol.
8,131 00
8,108 88
$s.OO0@5H%
H0,00C®5U% E.S.Butts. Trustee
Bonds mature part each six months from April 1, 1901, to
1, 1912, inclusive.
For full description of bonds see
Chronicle Jan. 20, p. 144.
2,OO0@6%
5,000@3j^%
2,000@5H%
White Cloud, Mich.— Bond Sale.— The $4,500 5% electricBond Issue. — Oa Jan. 30 the State Auditor light bonds mentioned in the Chronicle January 27 were
Washington.—
issued four $5,000 bonds in favor of the Permanent School awarded on February 5 to the General Electric Company of
Fund, making a total of $480,000 of such bonds issued under Chicago. Securities are in denomination of $500, dated July
the lav^r passed by the last Legislature. Bonds bear S}4% in- 1, 1899. Interest will be payable at the Fourth National
Principal will mature one bond
terest and will mature in 20 years or less, at the State's Bank of Grand Rapids.
yearly, beginning August 1, 1900. The reason these bonds
option.
Waapaca County, Wis.— Bonds Authorized.— The County were not sold before (the election was December 21) was beBoard of Supervisors has decided to build an insane asylum cause of some question as to an eight day notice of election
being sufficient, but the State Supreme Court has decided
to cost $40,000, for which purpose bonds will be issued.
30- that it was.
Waycross, Ga.— Bond Sale— On Feb. 1 the $50,000 5%
Winchester, Mass.— B nds Proposed.— A bill providing
year gold sewer bonds were re-awarded to J. W. Dickey, Augusta, at 10867— an interest basis of about 4.'^!%. Following for the issuance of $^0,000 refunding water bonds and $30,000
additional water bonds is before the State Legislature.
are the bids
Winchester, Ya,.— Bond Bill Signed, The Governor has
00
J. W. Dickey. Augusta
$54,335 00 New First Nat. Bank. Colum.$53.250
F.M.Stafford & Co.,Ctiatta'ga. 54,280 60 Feder. Holzman & Co.. Cln... 52,500 00 signed the bill recently passed by the State Legislature
W. J. Hayes & Sons. Cleve... 54,100 00 First Nat. Bank, Waycross.. 61,687 60 authorizing the issuance of $30,000 4% 30-year bonds for the
Farson. Leach & Co.. N. Y.
53,527 00 P. A. Jackson, Araerlcus, for
12,600 00 Rouss City Hall.
N. W. Harris & Co.. Chicago. 53,460 00
$12,000 bonds
Wintlirop, Mass. Loan Authorized.— The Treasurer has
Bonds are dated Jan. 1, 1900, and the interest will be paybeen authorized to borrow $25,000 for schools, highways and
able semi annually in New York City.
WellsTille, Ohio.— Bond Sale.— On Feb. 3 the $75,000 i% other purposes.
Woodford, yt.—Bond Sale. This town has sold at par to
13-27-year (serial) sewer bonds were awarded to S. Kuhn &
Sons, Cincinnati, at 106 '66 —an interest basis of about 3*533^. local investors the $10,500 5% bonds mentioned in the Chronicle Jan. 20. The bonds mature on or before 20 years from
For full description of bonds see Chronicle Jan. 20, p. 144.
West New York, N. J.— Bond Sale— Oa Feb 8 the $40,010 date of issue.
Youngstown, Ohio. Bond Offering.— Pro-posals will be re4% 3-32-year (serial) school bonds were awarded to W. J.
Hayes & Sons, Cleveland, at 103-45-an interest basis of ceived until 2 p. M., March 5, by William I Davies, City
Clerk, for $5,000 5% sidewalk and $800 5^ Wilson Avenue
about 3*908^. Following are the bids
sewer bonds. Both issues will bear date of March 12, 1900.
102-45
W. J. Hayes & Sons, Cleve
People's Safe Deposit & Tr. Co.,
101-252 and are authorized by city ordinance.
102-00
Hudson Tr. Co., Hoboken
Jersey City
Interest will be pay*100-125
101-875 Thompson,Tenney& Crawford.
Jno. D. Bveritt &Co., N. Y
able semi-annually at the office of the City Treasurer. PrinBdw. C. Jones & Co. (less $600). 100*00
* No check.
cipal will mature yearly on Oct. 1 as follows
The sidewalk
For description of bonds see Chronicle Fei. 3, p. 247.
bonds, $1,0 to from 1900 to 1904, inclusive; the Wilson AveWest Unity School District, Williams County, Ohio.— nue sewer bonds, $200 in 1901 and $300 in 1902 and 1903. PurBond Sale —On Feb. 1 the $8,000 4%% bonds were awarded chasers must be prepared to take the bonds not later than
to J. H. Miller, West Unity, at 103 -76—an interest basis of March 12, 1900, the money to be delivered at one of the city
about 3-84?, Following are the bids
banks or at the office of the City Treasurer.
G.W.Howard
W. F. King
5,onO@6J^%
6,000@6i^«
Lauehlin
F. A. Schmidt
Ben. Folkes
J. D.
.J.
U.
Miss.
&
F.
W.
Home
Brabaton..
Ins.
Merchants' Nat.
E.S.Butts
10,500(§i5!4*
.
.
Co
Bmk
tJ,000@6M*
5,000@59i^
Oct.
iOfil)0®n%
:
—
.
.
—
:
.
:
:
INVESTMENTS.
MWESTMENTS^
ADAMS & COMPANY
TRANSiniSSION ROPE.
CORDAGE
m
BANKERS^
DBALBR8 IN
Geo. D. Cook Company,
oa
INVESTMENT SECURITIES.
238-240 La Salle Street,
s
INVESTMENT BONDS,
^
a"
'Member! of Boston Stock Bzohange.
No. 7 Congrress and 31 State Street*
A
I,
*
Broadway.
&
Blodget, Merritt
MANUFACTURING
COMPANY,
BANKERS
MASON, LEWIS &
OO.,
BANKERS
BOSTON,
MUNICIPAL
RAILROAD
CORPORATION
New York Office, 52
THE AMERICAN
63
WAZZ STREET, NEW YORK.
16
MUNICIPAL BONDS
ALWAYS ON HAND.
DUKE
FARSON.
M.
daniotpal Bonds.
18'J
MUNICIPAL BONDS.
Street Railway and Gas Companies.
STANWOOD &
E. C.
Banker.
Co.,
BANKERS.
Devonshire Street,
Dearborn Strea<
CHICAGO.
Choice laauea.
New York.
STATE, CITY & RAILROAD BONDS
Send for oar Investment Cironlar.
BONDS.
^^^^^'^"
Co.,
Congress Street, Boston.
13 Wall Street,
8ecnritie8 Netting from 33^ to 6f
00 Devonshire St.
ifMonadneck Buildinc.
CHICAGO.
U SPECIALTIES.
e:
BOSTON.
CHICAGO,
AU
121
MUNICIPAL BONDS.
BOSTON.
LIST ON APPLICATION.
A.R.Macfarlane&Co. John Nuveen & Co., The FinancialReview
INVESTMENT BANKERS,
BANKERS AND
DULUTH,
MINN.
[Members American Bankers'
Ass'n.]
DEALERS IN
Commercial Paper, Mortgage Loans,
Local Stocks aud Real Estate.
Act
l8t National
Bank Building, Chicago
Correspondence
COODE&CO.
solicited.
trowbridge,
WM.
MacDonald
&
15
from 4 to
H%.
WALL STREET NEW YORK.
WE
DEAL. IN
SOUTHERN AND WESTERN
SECURITIES.
ROSENBERttER & LIVEUMORE,
(Specialists in Texas Investments),
FORTY WAL.L. STREET, NEW VORK
B.
DANA COMPANY
TUM Pise
NiVER Co.
St..
New
York.
SECURE BANK VAULTS.
MUNICIPAL BONDS,
HIOH-ORADE ^VARRANTS
MeKtAnt?
Single numbers, $2 a copy.
BtferetiM, First National Bank, Ohir.ago
as asrents for non-resident property owners and
investors.
C. R.
ANNUAL
JiJtOKEJtS,
Ut
Nat.
CHICAW*
Bank Bldg.
$41,000,000
in
GENUINE
WELDED CHROME STEEL AND IRON
Dividends paid out on
IITAU IWIIMIM^QTOni^Q
IX
Mn IV9
O V-'V^rVN?.
\J
I
I
l>l
V.4
I
Weekly Market Report on
by wird or
CONWAY
I
application.
P. J.
Jk CO.
Investment Banker*.
ojail,
^^^
°*" Take
Roll-
Round and
QuotsUoc'*
Cannot
I
Citv Dtab
*'"" "•**'
Flat Bars
-pl.
aud 5-ply Plates aud Angle*
FOR SAFES, VAULTS,
be Sawed, Cut, or drilled,
Burglar Proof.
&c.
and positively
CHROME STEEL WORKS.
Kent Ave. Keap and Hooper
,
dole Mau'f 'era iu the C. S.
Sts.,
BROOKLYN.N.
Y
@FedFRASER