Full text of Commercial and Financial Chronicle : February 11, 1899, Vol. 68, No. 1755

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Q u o ta tio n

S t r e e t R a i l w a y S u p p l e m e n t (fra/amt®

S u p p l e m e n t (Monthly)

I n v e s t o r s S u p p l e m e n t ( Q m id

S t a t e a n d C it y S u p p le m e n t

< in r « n »o.vir tin « no *ot of OonsreE*. in the year 1899, by tbe W illiam B. D ana Co m p an y , In the offloe of the Librarian of Oongreaa.]

VOL. 68.

SATURDAY, FEBRUARY 11, 1899.

3?hc

W ith «nd 4f!0 February 4.

(D h tc w ic le .

Clearing at—

PUBLISHED WEEKLY.
T e r m s o f S u b s c r ip t io n — P a y a b le in A d v a n ce :
EorOne Year............... ................................................. .
810 00
0 00
For Six Month* ....... .......................................................................
European Subscription (Inoltullaic p*»tai?e>-------- -— --------- 12 00

European Subscription Six Months (Incluilin* postage)....

Annual Subscription In London (Including postage)............

Six Mas.
do.
do.
Above subscription Includes—
T h e Q u o t a t io n s l i - i’ i. e m k n t
T h b firvESTOma- S u p p l e m e n t

do.

....

7 00

* 3 10».

£1 10s.

j Stk bst Ka il w a t S upplem ent
|S t a t s a n d O r r r s u p p l e m e n t

T e r m s o f A d v e r tis in g — ( P e r In c h S p a c e .)
Transient m atter........... #4 20 1Three Mouths (13 times),.829 00
s t a n o i . o b u sin e ss c k i h
n

Tw o Months

.

S ix M on th *

(2 6

(8 times).. 22 00 |Twelve Months (52
L on don A g e n ts:

“

“

)..

s o 00

) .. 87 00

Messrs. E dwabos A S mith. 1 Drapers' dunlin*, E. C., will take subscript!on* and advertlsetnent*. and supply single copies of the paper
at Is. each.
W l L L I t n B. D I N A C O M P A N Y , P u b lis h e r s ,
F lu e S tree t, C o rn e r o f P e a r l S treet,
P ost OrriCE B ox 958.
NKW.YOHK.
O n p a g e 815 w ill b e f o a a d th e d e t a ile d re tu r n s b y
S ta te s , o f a ll th e n a t io n a l b a n k s , u n d e r th e C o m p t r o lle r ’s
c a l l o f D e c e m b e r 1, 1893, k in d ly fu r n is h e d us b y th e C o m p ­
tr o lle r . T h e re tu r n s f o r S ;p t . 30, 1338, w e r e p u b lis h e d in th e
C h r o n i c l e o f N o v e m b e r 3(5, 1898. p a g e 1102.

CLEARING HOUSE RETURNS.
T h e f o l l o w i n g t a b l e , m a d e u p b y t e l e g r a p h , e t o . , I n d ic a t e *
C h at t h e t o t a l b a n k o ie a r in g s o f a l l t h e o l e a r i n g b o u s e s o f
th e U n it e d S t a te s f o r t h e w e e k e n d i n g t o - d a y , F e b r u a r y 11.
h a v e been 11,761,737,141, a g a in s t <1,981,118,812 la s t w e e k a n d
$1,315,349,863 t h e c o r r e s p o n d i n g w e e k o f la s t y e a r . The
fig u r e s a t s o m e p o in ts f o r la s t y e a r c o v e r o n ly fiv e business
d a y s o n a c c o u n t o f th e o b s e r v a n c e o f L i n c o l n 's B ir t h d a y as
a h o lid a y .

C U iK K O I.
Rtttinxj by Telegraph-

Sf«rw York—-A..,..***.**.*Bouton.. ............ ........ ......... -!
PMlAdelplilA..........................
Baltimore....... ............ .
C 1x100*0. ...............................
86. Loot*— . . . . . . . . . . . . ---- ...
Stow O rleau _ . . . _____
_
8«+«n ottiee, 5 daya,----Other cities, 5 days. . . ..........
Total ail class, 6 day*---.
A! am**, 1 flay-------. .. ..... j
Total ail omo* for w**k..

W*4k Bndtng F*brwrv 11.
18*9.

NO. 1755.

1888.

Pur Omu

PM7.7IH.102
Uri.esi.si#
80.695.609
1S,93S,«S9
100.&e3,433
35.3 48.331
7,581,3*0

1735.198,044
89.966,034
55.743,850
13,471,830
94,031,900
33,777,441
9.130.013

430*7
+ 197
+44*0
+M*4
+74
+0 0
-16*9

tU M &l 07.7W
173.933,334

31.011,300,331
154.903,473

+774
+130

11. Li 1,7 40,067
300.017,074

«1,160,302,804
40,007,059

+35*3
+511*2

*1,7*1.757.141

11,315,349,803

+45 ‘

T h e f u l l d e t a ils o f o ie a r in g s f o r t h e w e e k o o v e r e d b y th e
a b o v e s t a t e m e n t w ill b e g i v e n n e x t S a t u r d a y . W e o a n n o t
o f c o u r s e , fu r n is h t h e m t o - d a y , b a n k o ie a r in g s b e in g m a d e
u p b y t h e v a r io u s o le a r in g h o u s e s a t n o o n o n S a t u r d a y , a n d
h e n o e in t h e a b o v e t h e la s t t w e n t y - f o u r h o u r s o f t h e w e e k
h a ve t o b e in a i l o a s e s e s t im a t e d , a s w e g o t o p ress F r id a y n ig h t .
W e p r e s e n t b e lo w o u r u s u a l d e t a ile d n g u r e s f o r th e p r e ­
v io u s w e e k , c o v e r i n g t h e r e t u r n s f o r t h e p e r io d e n d i n g w i t h
,3 » t a r d a y n o o n , F e b r u a r y t, a n d th e r e su lts f o r th e c o r r e s ­
p o n d in g w e e k In 1898, 1837 a n d 1396 a re a ls o g i v e n . In
c o m p a r is o n w ith th e p r e c e d in g w e e k th e r e is a d e c r e a s e in
th e a g g r e g a t e e x c h a n g e s o f o n e h u n d r e d a n d f ift y se v e n
m illio n d o lla r s , w h o l ly a t N e w Y o r e .
C o n tr a s te d w ith one
w e e k o f 1398 tn e t o t a l f o r one w n o le o o u n o r y s h o w s a n in ­
c r e a s e o f 3 0 l5 p e r c e n t , C o m p a r e d w ith t n s w e e k o f 1397 th e
c u r r e n t r e t u r n s r e c o r d * g a in o f 3 7 '8 p e r c e n t , a n d t h e excess
o v e r 1896 is 9 6 '3 peT o a t . O u t s id e o f N e w Y o r k t h e i n ­
crea se o v e r 1898 is 3 l -9 p a r c e n t . T h e e x ce ss o v e r 1897
r e a c h e s 41 ■fi p e r o e n t , a n d m a k in g c o m p a iia o n w it h 1896 th e
g a in is se e n t o be 47*5 p e r c e n t .

1899.

1898

952.9*0,93)
New York............... u a s .i s i .i o
100,425,301
Philadelphia.........
70,788,51
35.V.01.43'
18.391,07
23*307.10
18,0(8,931
4,449.57
3,98..171
2.3>* i,W
1.979,984
1.9*7.06'
2,198.89
M «7 23
+160,081
9O2,60‘
im.oai
837. UK
074.99
, 315.70*.
581,4 W
.
Binghamton..........
Total M iddle...* 1.409.509,044 1.107,195.(1«
156.0U.97S 107.033.IS*
6,794. W
X
5.183 (O'
Prorldenoe- . . . . . .
2.881.WK
*+(•!) 65!
H a rtfo rd * .......
1,76:1,911
1*008*411
Mew Haven*----- i ■’■ ', : 1
. '-*
1,577.1c)
1.9d9.l0i
1.(57.95'
1-316,3.*
1,681.OM
1,055,77*
S7i,6C>l
70t,77<
000.181
845,034
314.8(2
Mew B e d fo rd .,,...
177.248.1*5 1X4.#*UI«
Total New E a«..
lia220.Ti.fi 100,7(0,5*1
13.487+0C
W.488.5SC
0,339,31
7^60 4tw
Detroit.. . . . . . . . . . . .
10,090.621
«.903.US!
6.5SM.9W
5.S1J.0K
6.100.00a
(537.101
3.C8u,08«
2.307,55
l 834.0 *
L801.1S7
P»*»r1m
........
1.007,82.
1,881.1171
tm,\m
,<m
Grand Rapid*........
890.4W
085.76H
Dayton,. . . . . . . . . . . .
378UiH
413.070
i*i-linkton. . . . . . . . . .
941 500
848v9lM
Kalamaaoo........ .
407.400
234,700
A k ro o .. . . . . . . . . . . . . .
tlO.OO*)
2O4.509
Bay C i t y ................
232,330
145.109
R o ck fo rd ....... . . . .
150,380
228 318
Hprimrteld. O h io...
isp :iji
204,496
C anton. . . . . . . . . . . .
830,016
393 3hS
Yon ngstowjv
*37.187
816,717
715.295
BranavUle*.............
T ot. Mid. Weal'll. 171.097,009 130,425.028
I4.tfe9.810
San Frnncisoo.......
18.460.153
2.20*1,960
1.498,678
Sait Lake C ity ......
2,230 094
S. 103,635
1,488.444
1.793 060
Lot A ngeles-*..**,
449.045
401,000
«3 «S 5
900.00!
T a com a . ........... .
1.130+81
1*307.011
Seattle ...................
9*6.240
700OOI
Spokane........ ..........
251.123
149586
F a rg o ........ . . . . . . .
110.373
110.026
Sioux K .U ..............
23.901,180
28.013 399
T otal P a cific......
10 997,020
10.7W 0+0
O
Sanaa* C ity ........*
0 012.048
7.048.147
Minneapolis........ .
6,100.68*
0,891.035
u m a h a ........ ........ .
4.872,3 »8
8 299.611
St, Paul..****..........
3.211 134
8.150,783
D fiO W .......
l.OiO.'il'i
078.8 0
Daren port..............
1,3J0 »*3
2,e00j»0
Hu Josep h .... . . . . . . .
1 036,0 '0
UMOM
Dee Mol no*............
796 044
653,000
864 940
810 015
L in c o ln .,...,..,. ...
4w7 212
498,181
Wichita............... ..
477,70-3
Topeka........ ...........
370,0*8
173 17*
124 236
F rem ont. . . . . . . .
94 7*fl
136.217
Hastings........... .
3},0<5i,8S?
T o t other W eiL .
41.302.0j 9
23 017 i n
80,610.817
8t. Loal*------- .. ...
10 48 193J
Mew Orleans...*.
9,074 Hdt
8*233,63?
LouisrlHo..
8 42*438
GalTeston........... ...
4 294,700
8,338,460
3,681,930
3.000,000
H o u a too.,..,..........
2 807.404
Sar&nnah................
2 904.44 4
1 99 >.083
Itlchmond.. . . . . . . . . .
8.451.999
3 708 98?
8,131.240
Momphia.. . . . . . . . . . .
1,070,524
1,042 416
A tla n ta ..................
1 800.977
1,440 5 .18
Nashville........... .
916 8 7
1,181,260
Norfolk....................
1,0 1 0 830
Fort W orth........... .
934.80*
875.077
A tljfU-41&............... ..
4*2•*.244
630,604
Birm ingham ....—
012,810
58 .004
K noxville.............. .
329 4*9
84U.003
Little R ock.............
240.000
27i. 658
Jncluon villa...........
468.491
Chattanooga........ .
*83.531
0«»»,<X >
K
592*000
Macon........... . . ..
Total Southern...
71,466,«»
73,*rS?,Sw0
Total all................ 1.S61.118A1V 1.517.651 073
Outside N. York.
Halifax ..................
St. John. ................
Vancouver*...........
Total Canada......

1880.
|
P . dm _
+85* 3,
+30 9,
+88* (
+28* +
+ 11 0 :
+80*41
—1P4
+ 10 2
+7*7 i
+24*1
-9 *l!
+34 6
+47 0
+ 8»
+17*
—(*
+6*
+36*
+S0+ 20*8
+26 0
-w a ys]
+44*0
+7‘ 7|
—0 «M 1
+25 M
,
+44*8
—9 0,
+1X4,
+*8*5
+1*3,
+1*8
—X
*
+29 ,
+ »(
+87*4
+7JH!
—20*0
+58 8
4*2 U
+7*9

18t7

18P0

803.717.31 4 6(W!.77R eio
87*04 i.S( 8, *7,1(80.559
15,031*3. 0
13.7Sli.598
17.980.1ft
H ,109,410
8.071,48 >
(.000,(80
1,850.69
9,101,(91
1.940.8*) >
1.881,03a
909*07 1
1.082.080
830.68
730.040
748,691 '
776.654
801,20 '
347.100
713,971.01
673,568,849
101.683.81
68,181,(07
6.39J,fi<X•
6,2(7,000
2.790,72
2.858,086
1,919,104
1.66W.778
1,511.831
1.229,143
1.373,04
1.SS7.60B
1.275.501
1,806,181
880.08c
7(2,611
011-,0ft
722 880
5(a,(6
(16,418
117.883,10(
97,(78,892
76,661,078
88.986,480
111039.MX
10,531,700
6.1SS01)
0,140.0(1
7.(81,721
0. (26,388
4-340.«9
6A6
3.80000
3,318,600
8.E3UW
8.0(7 818
}.««(, 00S
1 891.845
1.608.43'.
1.350,0(4
066.131
784,869
600 904
061,996
308 469
813.697
289 110
841,088
245.000
224.260
178,097
289.010
111,778
151,747
100,666
101,000
m .i6 «
ica.Hoi

+88*0
........
+9*4 ; 115.920.406 124,116.594
+23 2 i 12.078.531
12.0*23,468
+47 3
MAS. 130
900.03*
—67
1*292,976
1,318.808
+140
1,004.602
1.204.486
+ 12*3
451,371
£80.631
—
27'9
808.804
2181.042
—17 3
410 009
450.000
+ 2.44
694,448
402.131
+ 09
129.501
200.298
—0*2
4 0 ,8 «
85 001
+17*2
17,493.3?6
17.709,777
+1*9
0,732.8 ft6
10,168,775
+17 9
6.873.481
8,385 052
+37't
4.120.500
4.410,893
+28 0
3,097,425
4 880.933
—17
». 1*2.707
2,088.507
—4 0
762,972
1.700,405
+40*0
1*976 000
1.8i 4 000
+41*9
1*028,*80
023.798
+7 1
*7
4*6.88?
64 4,607
-12*2
274,034
321,8:8
±•0 4
306.535
388.670
-2 4 5
311 428
452,400
28 3
70.077
08.002
‘ 43 7
100.31*
88 878
+1*9
30,473+35
30.00*3,637
+ 60
25,545 099
23 205,078
-7 7
8 9 >5.422
10 <123.110
+2*3
0.031,089
0,582.796
2,440,70
+8*8
2.412,070
+0 6
2.011.030
3 003,880
+36
a 2M
O.070
2.931.104
2,820.030
+ /3 0
2,302 754
—t2*o
2.673.868
2,010.138
—17
1.014.005
1,490,908
1,2 40 70S
—4*0
1,808 810
1,042,210
813,210
+29 4.
+•10 a
874,210
82?.060
—8*3
033 88*
8 j8 ,* 07
310 209
870.0P9
+23*0
-5 3
478,830
604.207
+8*4
83O.09d
28 V 69
381,185
+13 0
280 000
800.052
317.40S
-87*6
-1 0 8
690.000
+3*4
00,321,71s
00,201,409
+80 6 L,O>0,O6P,O47 .000,140,558

052,087.10*

585,840.136

+21*9

453,361,733

442,307.348

14.994.642
10.815.793
l.U.%000
1,088 447
782.750
652 527
716.626
615.4*2
30 152.00,4

14.549.771
8.430.87*
1.281,603
l,37f.O0?
789 900
433*907

+3 1
+im
+ i-»
+SW-0
-0*9
+27*n

9,470 495
0.886 580
1,101,082
1.0i4.l 3
907.980
400,406

10.300 408
7,357.882
1 176,000
1,060,238
730,701

...........
87.009.174

...»
+11*4

19.917.8P:>

20 030 307

* Not Included La totals.

248

T H E

C H R O N IC L E .

THE F IN A N C IA L SITUATION.
The reaction in the stock market noted last week
made further and decided progress in the early part
of this week. We are not permitted to doubt the
origin of the back-set; evidences of its coming have
been accumulating of late. The rise in prices had
gone on so rapidly, become so general, and been
carried to such extreme figures, that investors grew
less confident of the stability of the market. Even
many good investment properties sold at rates which,
at the moment, no revealed condition, either present
or prospective, warranted; as a result, not only
European purchasers sent back their holdings,
but many safe deposit boxes here, the contents
of which had long been undisturbed, were emptied
on the market. Added to this were the hostilities
begun at Manila, an event that opened up for the
time being a very long vista of possible warfare, highly
suggestive of troublesome uncertainties, mainly be­
cause it was a kind of struggle of which that was our
first experience.
Some also claimed that money
lenders had become in a measure distrustful of
the situation, first discriminating against the more
speculative stocks and finally being less" ready to put
out their funds on other properties except at a
lower basis.
This reaction however in spite of the homilies writ­
ten about it soon showed that it was by no means of
a serious character—in its main features it had only
surface depth. As quickly as it became evident that
the Manila incident was likely to prove not by any
means a disadvantage, but the open door to a settletlement of our embarrassments in the Philippines—as
quickly as that became evident, something like the
old spirit returned to the stock market and prices in
large part recovered. That change occurred after
the early call on Wednesday and chiefly in the after­
noon of that day. Since Wednesday the market has
been somewhat irregular and much less active than
heretofore, but prices of good properties have in the
main shown great strength. It would not be wise
though to look for a general advance in the near
future, such as has been in progress in our security
market in recent weeks and months. More likely the
characteristic feature will be that individual proper­
ties will advance as the facts that go to make up their
improving condition develop ; but the heedless spec­
ulation that has prevailed heretofore will not soon re­
peat itself.
Some of our legislators at Albany have conceived
the notion that they can make money easier to get,
that is cheaper, by a law lowering the legal rate of
interest. The basic idea on which this proposal is
built evidently is that they can thereby compel lend­
ers to loan their capital to needy borrowers on the
terms they choose to fix. Such a project is not very
unlike the attempt to catch a bird by putting salt on
its tail. We tried that experiment in our childhood,
but experience taught us—and we have remembered
the lesson ever since—that we must first trap
the bird.
So it is with capital; the initial
step must be to chain it before you can hope
to control it; and unfortunately for the success of the
effort, floating capital, like the bird, is easily scared
and Scripture tells us has wings. Only in one way is it
possible to cheapen loanable funds, and that is to in­
crease the supply; the larger the supply with the de­

[Vol. Lxvm,

mand and the security offered unchanged, the less the
price. It is hardly necessary to add that a law lower­
ing the legal rate of interest with the penalty of for­
feiture if evaded would not only contract the sphere
of capital but increase its risks,.and hence would obvi­
ously and for divers reasons not help to increase the
existing supply but tend to decrease it.
These are all familiar facte but they are facts that
every one who has to do with law-making should re­
member and heed. There is still another very dele­
terious influence such a statute has which the proposal
ignores. It is almost wholly the poorer class—the
beginner with his undeveloped enterprise, the mer­
chant with small capital and little credit, or second or
third rate security to offer— that would be hampered
or crippled in his business by it. Law-makers would
do themselves and the State a service were the.) to
visit Wall Street, where they could more profitably
study this point. They would then see that the man
of wealth always has gilt edged security to offer, or
high credit that commands money on his own single­
name paper, and consequently seldom pays over
2 to 4 per cent.
As the borrowers drop to
a lower grade of security or wealth or credit,
the rate rises.
Hence when the law says the
mones -lender shall not take more than 5 per cent for
the use of his capital, and if he does he forfeits his
principal, the law simply endeavors to shut out all
men of inferior credit from the advantages of the
money market' Those who have the greatest need
for help are debarred from being helped. This is the
feature which the Merchants’ Association of Hew
York very naturally lays most stress upon. It is in­
deed the feature which appeals to all classes, for its
tendency is to interdict general prosperity; that is, it
contracts the chances and opportunities of the large
body of holders of low-class collaterals and widens the
chance only of the comparatively few holders of giltedged security. If the exact truth were told the pro­
posal would be entitled, “ An act to help the rich man
get richer and the poor man poorer.”
Somewhat of a shock was felt by the public in see­
ing in the head-lines of the morning papers yesterday
(Friday) the statement that the Treasury was facing
a possible future bond sale. It was, however, only a
momentary throb, for the text of the Congressional
proceedings, although disclosing a worse condition of
the Government finances than was anticipated, gave
no indication of a bond sale for two years at least. It
seems that Mr. Dockery, a member of the Appropria­
tions Committee, announced in the House certain
facts which Mr. Cannon, Chairman of that commit­
tee, confirmed by fuller figures, going to show that
there was need for calling a halt in the matter of
appropriations. Congressmen had been pressing the
Nicaragua Canal bill and the Ship Subsidy bill,
which involve the payment of no one knows how many
hundred millions of dollars, and these facts came out
as a suggestion for caution. After they had been
given, Mr. Lewis of Washington asked Mr. Cannon “ if
he anticipated an early issue of bonds.” In reply Mr.
Cannon said: “ We can support the Army and Navy
and perform our duties here and in our outlying pos­
sessions out of the present revenues this year and next •
but if we are to accomplish that we must see to it that
no great appropriations go through in the immediate
future. If you take on great blocks of expenditures
you must issue bonds.”

F e e r u a EV U , 1899.]

THE

C H R O N IC L E .

The foregoing discloses all there was in the re­
marks of Mr. Cannon tending to show a probable or
possible need for a bond sale. His facts were though
somewhat of a disappointment. We, among others, sup­
posed that the large current disbursements were but
a very temporary condition; that they were in large
part caused by left-over or unsettled demands grow­
ing out of events of the war, soon to be satisfied.
This conclusion seems hardly to be warranted. His
estimate assumed that the same average monthly deficit
disclosed during the first seven months of the current
fiscal year ($13,307,000 per month) would be con­
tinued. A t that rate the deficiency for the twelve
months ending with June 30 1890 would reach
$150,000,000. As that total does not include the
$‘20,000.000 we are to pay Spain, and as the balance
in the Treasury on February 1 was only $174,000,000
over and above the $100,000,000 gold reserve, there
would seem to be left, according to this estimate,
only the further sum of $89,000,000 surplus in the
Treasury when the new fiscal year begins.
But
as Mr, Cannon estimated the deficit in the following
fiscal year (without allowing for the sinking fund) at
$31,000,000, there would seem to be the prospect of
a workable balance l e f t ; that is to say, onr recently
plethoric Treasury would have a little over fifty mil­
lion dollars, without allowing for the sinking fund on
June 30 1900 with which to begin the fiscal year of
1900-1. Of course that leaves out the Subsidy bill and
the Nicaragua Canal bill. Mr. Cannon expressed the
sentiment of the country when he said, “ I am not will­
ing to enter upon either of these vast enterprises until
we have given them full and proper consideration,
and until we have provided the revenue to meet these
expenditures. 1 insist that there shall go hand in
hand with legislation for these projects the legisla­
tion necessary to provide the revenues to meet the r
cost.'* So long as those words express the determina­
tion of the controlling power in Congress the Treas­
ury is safe.
We referred last week to the issue of 200,000,000
marks of new 3 per cent perpetual loan of Germany.
The bonds were purchased, as we then stated, by the
Deutsche Bank at 92 per cent, with whom were asso­
ciated
•fftcob 8- H,
o f F r a n k fo r t,
i S lileeiefier BankrerelJ) of Brraiau'
B an k fiir H and el Ar In d u strie o f l» Speyer Klll*»nn of Frankfort,
I D r e .ile n e r Bank o f D read en ,
B erM uet Ffandel$fcesel!*cha,rt o f [ MlUeldeaUobr Credit tank
of
B erlin ,
i Frankfort,

A. tfoba&fThan non

r fiankrer- i OmnOUn* & Co. o f Frankfort,

ein o f Col outdo.
I Berjtt.ch Maerkteohe Bank of ElN a flon a lb a n k fa r D e i.U c h U n d , o f
b e rfe ld .
B erlin.
and Miter Berman InatHotlon*.
E . L a d en lm rg o f F ra n k fort,

The issue was confined to Germany, where the
market was unexpectedly favorable owing to the re­
cent reduction in the Bank rate of interest. It was
cabled when the original salo was made that a portion
of the loan would be offered in London and New
\ork. W hether or not any of the bonds will come to
New "i ork is not known. We learn by cable that
there were several applications for important amounts
from the United States, The bonds were subscribed
for many times over, and large dealings are reported
at a premium over the issue price.
I he situation as regards the proposed purchase of
the Chicago & Alton shares is developing some inter­
esting features. On the one hand we find President
Blacks tone apparently opposed to the idea of a sale.
On the other hand we have the remaining directors

249

arguing earnestly in favor of the proposition and urg­
ing its acceptance by the shareholders. For ourselves
we are inclined to think the terms offered, namely
$175 for the common shares and $200 for the preferred
shares, are exceedingly favorable, and that Mr. Blackstone, if he should really decide not to accept
them, would be making a great mistake.
It is
natural that the esteemed President of the
Chicago & Alton should place a high estimate upon
the value of the Alton property. He has been iden­
tified with it for many years; he holds a very large
personal interest in it, and it is to him that its success
is largely owing. But circumstances and conditions
are all the time changing. The distinctive feature of
Mr. Blackstone’s policy has been the determination
not to build new additions and extensions. The effect
of course has been to limit the cohGnesof the system.
There was probably no other railroad property in the
United States better situated for the trial of the ex­
periment. *It is located in the heart of the country, and
its termini embrace three of the most important cities
of the United States, that is, Kuisas City, St. Louis
and Chicago. And yet there are competent railroad
people who think the policy referred to has yet to
undergo its severest test. With the property being
hemmed in on every side by railroad systems of trans­
continental extent, there would seem to be at least a
question whether the same measure of success can be
depended upon in the future as in the past, notwith­
standing the road's advantages of location, and not­
withstanding also the fact that a large portion of the
road’s traffic is local to its lines.
One other circumstance should not be lost sight ol
in connection with the Alton. We refer to the fact
that there is a pretty well defined belief that the
exigencies of competition will make it necessary to
spend very large amounts upon the property in the
near future. This would of course offset any saving
in interest to be effected by the refunding of
the maturing debt at a lower rate.
Contrary
to current impression the syndicate making
the offer to purchase the Alton is not in the interest of
any existing road or combination of roads. The scheme
is merely a personal and financial operation of Messrs.
J. D. Rockefeller, Jacob II. Sehiff, E. H. Harriman
and George Gould.
But in view of (he prominent
way in which these gentlemen are identified with some
of largest systems in the country, it is fair to pre­
sume that under the change the Alton would be
operated in close affiliation with these systems. In­
deed, itisdiffioult to see how the venture could be made
profitable in any other way. On the whole, it appears
to us that the directors of the road who are counsel­
ing the acceptance of the proposition (and they co m ­
prise such eminent men as Morris K. Jesup, John A.
Stewart, John J. Mitchell, Marshall Field, Charles H.
Chappell, Albert A. Sprague aud A. C. Bartlett) are
advising, it would seem, wisely. They well say that
“ at important points increasing competition already
existing and threatened, with the general tendency to
decreased rates for transportation, and to increased
rates of taxation, makes it more and more difficult
for the road to continue the earnings of the past.”
We also notice that these gentlemen— who certainly
ought to be well informed on this point—agree with
the opinion that it will be necessary to spend very large
sums on the property in various ways in the near future.
Since it became known that the Alton shareholders,

250

T H E

C H R O N IC L E .

or at least some of them, were willing to consider a
proposition of sale, several financial interests have had
under consideration the advisability of bidding for the
property. But none of them has felt inclined to go
as high as the Mitchell syndicate. Indeed, one set of
financiers, representing prominent interests, after in­
vestigation, expressly advised against a purchase at
the price asked.
The extraordinary gain of $15,154,400 in loans re­
ported by last Saturday’s bank statement was on its
announcement a startling surprise, for not even dur­
ing the marvelous increases in loans last year was this
amount of gain exceeded, the largest increase at any
time being $12,733,100, in the week ending August 6.
The gain last week might, however, have been ex­
pected, for there had during the week been not only
large amounts of stocks sold heretofore held for invest­
ment by home investors, but other considerable
amounts were received from Europe, which were in
great part, we presume, immediately pledged as col­
ateral with the banks, thus abnormally augmenting
the loans. The average of this item reported was
$741,526,600, making a new high record. Specie was
ncreased by $3,722,900, to the hitherto unprece­
dented amount of $197,207,800, the result of pay­
ments by the Assay Office for imported gold bulion and also of arrivals of the metal from
California by '.mail. Though legal tenders were re­
duced by $906,000, the total cash was $257,458,300,
exceeding by $7,926,100 the maximum on July 2 last
year. The deposits were increased by $18,385,000 to
$880,022,500, also a new high record for this item.
The surplus reserve was reduced by $1,779,350 to
$37,452,675. notwithstanding the enormous loans,
there are apparently large unemployed deposits
at least some portion of which banks are anxious
profitably to place; but at the moment there seems
little probability of [such an augmentation of the
demand for money as will give employment to much
of this surplus.
Money on call, representing bankers’ balances, has
loaned at 2 per cent and at 3 per cent at the Stock
Exchange during the week, with the bulk of the bus­
iness and the average about 24 per cent.
Banks
and trust companies quote 24 per cent as the min­
imum, though comparatively large amounts have
been loaned almost daily by some of the down-town
banks at 3 per cent. The offerings of time money
are liberal and a larger business is being done than
heretofore on good mixed Stock Exchange collateral.
The inquiry for loans made up of the greater part of
industrial security is good, but the offering is not
free, except where borrowers are of excellent stand­
ing or are willing to pay from 1 per cent to 14 per
cent above the under-mentioned rates for the accom­
modation. Some banks refuse to loan on industrials,
even where the collateral is widely margined, but the
higher rates ruling for such loans have brought into
the market an outside supply of money in competition with city lenders, and it is probable that this
competition will result in the relaxation of the rule
regarding loans on industrials, and possibly a still
wider margin may be agreed upon between borrowers
and local lenders. Kates on good mixed collat­
eral are 24@3 per cent for sixty to ninety
days and 3@34 per cent for four to six months. There
is a good assortment of commercial paper on the

[ V o l . L X V 111.

market, but the demand, both local and out-of-town,
seems to have slackened, and the inquiry is reported
only moderate, though the business done is fairly
active. Rates are 3 per cent for sixty to ninety day
endorsed bills receivable, 34@3J per cent for prime
and 4@5 per cent for good four to six months’ single
names.
The most important event at the European centres
this week has been the subscriptions to the new Ger­
man 3 per cent loan of 200,000,000 marks— 125,000,000 of Prussians and 75,000,000 of Imperial consols—
opened by a syndicate formed by the Deutsche Bank
of Berlin. The bonds, as stated above, were over-sub­
scribed.
The cable reports the announcement in
London by the Victorian Government of a £1,600,000 3 per cent stock issue at 95 to redeem
an outstanding 4 per cent loan. A New Zea­
land 3 per cent loan for £1,000,000 is announced
at 96. It is reported that the Chinese Railway 5 pel
cent £2,300,000 loan, having the sanction of the
British and the guaranty of the Chinese govern
ments, issued at 97, was subscribed for in London
five times over.
The Bank of England minimum rate of discount
remains unchanged at 3 per cent. The cable reports
discounts of sixty to ninety-day bank bills in London
2 per cent, against 1 13-16 per cent early in the
week. The open market rate at Paris is 2 f@ 2 f per
cent and at Berlin and Frankfort it is 3 f@ 4 per cent.
According to our special cable from London the Bank
of England gained £425,190 bullion during the week,
and held £33,400,084 at the close of the week. Our
correspondent further advises us that the gain was
due to the receipt of £233,000 net from the interior
of Great Britain, to imports of £333,000 (£40,000
from the Cape and £293,000 bought in the open mar­
ket) and to exports of £141,000, £121,000 being for
the Argentine Republic and £20,000 for Brazil.
The foreign exchange market has been generally
firm, though quite inactive, during the greater part of
the week. The feature has been a steady inquiry for
cables in connection with the semi-monthly settle­
ment in London.. Commercial bills have been re­
ported in light supply, not only those against cotton
and grain but against provisions. The business was
very small outside of cables, until Thursday, when
there was a better demand for bankers’ long and short
bills to remit by Saturday’s steamer, and the offerings
of such bills were reported to be light. Imports of
gold from Europe during the week amounted to
$1,000,000.
There was an arrival of $2,250,000
Australian gold at San Francisco on the 9th. The range
for nominal rates for exchange has remained at 4 84@
4 844 for sixty day and at 4 86 to 4 864 for sight, though
on Monday and thereafter until Friday only one of the
drawers reported the higher rates, the Bank of British
North America reducing to 4 84 for long and 4 86
for short.
On Friday the higher rates were restored
by this bank and they were also posted by Brown Bros.,
Heidelbach, Iekelheimer & Co. and Lazard Freres.
Rates for
actual business opened on
Mon­
day unchanged, compared with those at the
close on Friday of last week, at 4 83^@4 834 for
long, 4 85£@4 854 for short and 4 86@4 86| for
cables. The tone Was firm and it so continued on the
following day and on Wednesday without change.
On Thursday the better inquiry, as above noted,

F e b r u a r y 11, 1889.J

T H E

C H R O N IC L E .

251

the total vote of 84 embraced only one vote more than
the two-thirds majority required by the Constitution for
the purpose. But we have never been able to persuade
ourselves that the treaty would in any case have been
allowed to fail. The situation created by such failure
would have been, so to speak, impossible. The fail­
ure of the Arbitration Treaty in May 1897, because
DAH.Y POSTED RATES POH FOBBIGS EXCHANGE.
I the Senate's poll of 43 to 26 in its favor lacked three
F l.
H
Tit**.. W
»r... Thu*., Fbt., i votes of the required two-thirds, merely left matters
'.
Fb 3 Fb 8. Fb 7 | Fb 3 Fb 0 F . 10.
e.
e . . e . . e . . ib
where they were before. Even when the Hawaiian
84
8
4
8
4
8
4
8
4
Eton Broi----j ffcfctT 8
8
S
0
±
6
S
3
8
0
2S
S Annexation Treaty was withdrawn from the Senate
84*
£4*
8*
4
84*
84*
B
artn#,
l« d
0 ay*
M
iujoank C .. (S
o ight... 6**
80*
t6*
68*
>«*
£0*
by President Cleveland in March 1893, the situation
8
4
8
4
8
4
8
4
B hit B
a
ritish 1 0day*.
8
84*
8
8
88
fc
fl
8
0
Ifo. Am
erica,. \
Sight... mi
60* created by such withdrawal was entirely simple. The
4
8
4
8
4
8
4
8
4
84
B kof
an
(80 d
ays. 3
Hawaiian Government had proposed annexation; one
8
8
8
8
0
8
0
8
0
Montreal..... < ig t— 8
Sh
S
fl
4
8
1
8
4
8
4
8
1
C ad B k (80 d
an ian an
ay* 8
84
American Administration had approved the proposi­
S
d
8
0
8
6
3
d
O C m erce., t Sights.. m
f om
6
0
4
8
4
8
4
8
4
6
4
H
eidelbach. Ick- (80 day*, 3
8
8
8
8
6
0
8
0
8
0
elfaelm kC . \ ig u
er o S h ,
Sig tion, but the next had disapproved it, and the Senate
8
4
3
1
8
4
3
4
6
4
8*
4
L«^<1 frora.,..
8
8
«
a
8
8
9
0
8
0
86* not having acted at all, the new Hawaiian Govern­
3
1
8
4
6
4
8
4
M
erchants’ B ( 8 d
k. 0 ays,
8
4
8
4
ment merely continued its independent status.
8
8
8
8
«
m
of Canada- .. I Sight..., 3
8
0
3
8
But restoration of the status quo, after rejection of
The market closed firm on Friday, at 4 831@4 83}
the peace treaty with Spain, would have been out of
for long, 4 85}@ 4 85} for short and 4 86}@ 4 864 for
cables.
Commercial on banks 4 83@4 83} and docu­ the question. It has seemed to us, indeed, that even
ments for payment 4 824@4 83}. Cotton for payment Seuators who were urgently advocating rejection of
4 824@4 82}, cotton for acceptance 4 83@4 83} and the treaty had no real light to throw on the situation
which would have been created. In theory such re­
grain for payment 4 83@4 83}.
jection would of course mean resumption of a state
The following statement gives the week's movement of war. There is historical precedent for such an out­
of money to and from the interior by Now York banks. come; but there is no such precedent except where a
defeated Power protested that it was asked to give up
fUeHend by Skipped by
N tt Inttriot
W»k
ru>. 10. MSB
N r . flunks. St. T. Banks. Movsrrunt.
.
too much, or where a victorious Power declared that
0 orrency -- — — -— - . . . . . . --------- •5,3*5,000 •3,440.000 Gain.11,925.000 the concessions ought to be still larger.
In the
847,000
400,000; Gala. 447.000
present instance Spain’s Commissioners had agreed to
Total cold and lesral tender*..
IS.S13.000 13.840,000 «»lo.tl.37*.000
give up everything that was asked of them, and Spain
With the Sub-Treasury operations and gold im­ had obviously submitted; while the opposition in the
ports the result is as follows.
United States apparently contended, notthatour treaty
negotiators had asked too little, but that they had
Into
Out o f
S tt Chan** <>
v
W$4k Bndtng Feb. 10, 1309.
Banks.
Banks.
Bank Maiding*
asked and obtained too much. There is surely some­
Sank*’ interior movement. *« above 90.312.000 •3.840.000 Gain 32,3721,000
Bub-Tree*ary operation*...... ...
34.300.000 35,100.000 Loan. 800.010 thing whimsical in the idea of a victorious Power re­
Tofi H ldma Uc»i umun— Its 18,000!fas,sto,ooola«ui si.stt.o o suming war with a completely defeated foe because
o
o
that foe had surrendered more than the victors wished;
Bullion in principal European banks thi3 week:
yet in theory, at all events, this would have been the
# 5 9, 1 C .
4 . SO
r . 10 18
«b . *6
situation.
Bn a
ak 1
G ld
e - S wr* TVal.
(h . j 9 s*
id
ito
7 ta.
o
\
There was no chance of taking the position that our
J
M
1
•
3 ,1 0 0 S .015 1 ....1
3 0 .0 4 3 4 ,9 1
B gland.... ay, 4 o *w
e
0 .o
3 .0 5Oil negotiators had been unjust to Spain, and that the
34
4.9 t,t& l T008.100 7 0 0 1
7S 3 V
France....
7 8 .0 5
1 5 4 39 6
2 0 5
4 .1 S 0 3 .V .C j 15,7 4.0 C 4 3 30 0 treaty’s exactions ought therefore to be modified.
k 5 .0 0 0 7 RO 6 O 0 1 0
97,8*1.O
tO
G an
erm y
1 1 9 .0 0 4 0 .0 * IC .4 0 0 17 C .<0 4 2 .0 0 m.iiBcHi Spain had not asked such modification. In­
0 .0 0 0 .4 1 0 5 4 .0 0 1,0 B 0 ,1 0 0
& a*(A .....
o
,0fe .4 3 O
AtUt-'HongT ».91S U A .0 t*0.41 ,0 0 1*41 ,0 0 48 37 K
70
5 0 .6 ,(M
1 0 ,C* .7 3 0 0 9 .0 0 ,4 5 0 ) .dG O
S
pain. ....... 1 .0 1 W 0 3 ,0 * 1 .7 0 0 9 9 ,0 1 lO k .O* 9t> 6 0 deed, we have not been able to avoid the
U .0 0
M.C - 7 7 .0 0 4 0 ,0 0
Italy ......... iaosmoo 2 4 O 1 .3 4 0 1 .5 3 0 . tU4.000 1 .7 9 - suspicion that intelligent Spanish sentiment was
7 3 .C
.7 .0 0
.3 4
M tbarland* 4 1 , H 0 *1 0 i
e
9 2 .0 0 0 9 .0 0 9 0 ,0 0
,0 8 0 1 .9 9 0 ,4 7 0
7 0 ,8 1 0
Mfc e -ta i. 3 .1 ,0 0 !,•1 .0 0 4 5 ,0 0 • 0 0 tO 1 7 ,0 0 4 2 .0 vastly relieved when the treaty finally stipulated sur­
a .B /# o *2 4 0
4 ,O | ,4 4 0 ,1 9 *.
ToC w e -3 4 la 3 0M
tkle e k O.6 .0 7 18444 403.tt7.190 •M.JS&Mi 1 1 7 9 1 4 0 6 8 7 render of the Philippine.-, particularly with so very op­
0 6 1 1 9 ,4 6 0
Tot. pree.w 3 9 1 5 0 V J 7 0 4 L 7 .6 7 390.3*9.5*3 10 9 9 490.4P
*k Q.0 BS 8 5 .1 1 0 F & 3
ll0 K h
3.0il
portune a douceur guaranteed as twenty million dol­
lars cash. It was keen humiliation, doubtless, to a
THE
P H IL IP P IN E R EV O LT AND
THh proud people, to have such terms dictated to them by
PEACE TREATY.
a successful foe. But the cup of bitteruess was
The formal vote by which the Senate, last Monday, drained in the negotiation and signing of the articles
ratified the treaty of peace with Spain happened to co­ of surrender. To toss back the extorted concession,
incide with the arrival of the news of the native out­ after having forced the Spanish delegates through
break around Manila, We speak of this coincidence 3uch an experience, would, we think, have excited
as accidental, because the date for a final vote on the even less gratification at Madrid than at Washington.
treaty had been fixed by agreement a week before, and It would, moreover, have thrown the whole diplomatic
because, moreover, we are not of those who believe situation into dangerous confusion. So far as we can.
that ratification by the Senate was in any sense forced conceive in imagination the consequent state of
by the Philippine news. We are aware, of course, things, the failure of the peace treaty last Monday
that Washington despatches declared the fate of the would have led to a season of unrest and anarchy in
treaty to be in doubt up to the moment when two the territories under controversy such as existed on
Southern Senators, who had not previously divulged the Turkish frontiers during the six months when it
their purposes, announced their vote for ratification. It was known that the Treaty of San Stefauo would be
is true, also, that if both Senator McEnery and Senator vetoed by the neutral powers. How much worse than
McLauriu had voted against the treaty, it would have the situa’.ion of 1878 in Eastern Europe the conse­
failed of approval. The 57 " y e a s " eventually cast in quences might have been in the Philippines, the events
caused an advance of one quarter of a cent in long
and short to 4 83$i« 4 831 for the former and 4 85}@
4 85} for the latter, while cables were unchanged.
The market was firm on Friday, when cables were
advanced one quarter of a cent. The following
shows daily posted rates for exchange by some of the
leading drawers.

2 5 2

T H E

C H R O N IC L E .

[V O L . U i

III.

of last Sunday give some means of judging. As we of residents of Manila would have been worth twentyhave said already, we do not believe, with or without four hours’ purchase. There are English enterprises
the Filipino outbreak, that the opposition itself would at Manila of considerable magnitude, and we can
have allowed the treaty to fail of Senatorial approval. hardly wonder that the London press has protested
The minority had shown considerable power to ob­ against the bare suggestion of leaving the Philippines
struct even the preliminary moves of the Administra­ a “ derelict” in Asiatic waters. We presume the
tion in its diplomatic programme, and the inference very prompt result of such an experiment would have
was plain that any future hasty or venturesome propo­ been a fleet of English, German and American mensition would encounter a still larger opposition. This, of-war hurrying to Manila harbor for the purpose of
we presume, was the motive, and the only motive, of protecting the lives of citizens of those nations. What
the eventual outcome would have been we find it
the Senators who voted in the negative.
Wo do not, therefore, believe thar the attack of the neither easy nor agreeable to conjecture.
Our readers will observe that in drawing these sim­
Filipino natives on our regiments at Manila was a de­
cisive influence in procuring ratification of the treaty. ple, and to our mind obvious, conclusions, we have
But at the same time it appears to us that this said nothing of a “ colonial policy.” The immediate
bloody fight will do much towards clearing the con­ problem, indeed, is quite free from any such diplo­
troversy of some popular misconceptions. There has matic or political entanglement. The United States
been injected into this discussion a good deal of what incurred certain responsibilities before the civilized
we can only describe as sentimentality. Perhaps the world when it broke down Spanish rule in the P h il­
best illustration of what we mean by this is the ippines. Among those responsibilities was the duty of
parallel
repeatedly
drawn between
the posi­ preserving order in the islands whose former rulers we
tion of Aguinaldo’s native insurgents and the had crushed. It is too late now to shrink from that
American 'citizens of 1783.
People have been responsibility. We do not conclude from this fact
asked to reflect on the feelings of our Rev­ that the United States is committed to a permanent
olutionary patriots if France, instead of leaving policy of colonial expansion, and we are very certain'
the Continental Congress to its own devices, had that after last Sunday’s exhibition of Filipino civiliza­
insisted on a military protectorate under Count tion, the idea of the Filipinos as American citizens,
Rochambeau and Admiral de Grasse. This, it has with the privileges and immunities involved in that
But we do
been intimated, will give some notion of the senti­ distinction, will be quietly abandoned.
ments of Aguinaldo and his followers. It seems to believe that the duty of General Otis is as plain
us that no more grotesque analogy could possibly be as the duty of General Miles or General Ouster
drawn. The Filipinos have gained no victories; they ever was on the Western frontier. The Philippine
possess no organized government, and as yet neither Islands must be reduced to order, and the Ameri­
experience in nor capacity for such a government. can troops must do the work.
When this is
Their leader has no title to supremacy, hereditary done, the American Government must hold and ad­
or elective. Hyder Ali and Tippoo Sahib have not minister these islands until their future can be intelli­
usually been classed by historians with the Washing­ gently decided on. It is also our very positive belief
tons and Bolivars; yet even Hyder Ali and Tippoo Sahib that no such decision can be reached with our present
were legitimate native sovereigns, whereas Aguinaldo limited means of judging the situation. We think,
is perfectly well known to be nothing more than a therefore, that the Senate acted wisely in rejecting by
clever adventurer who has made use of a partial a majority of 23, before their vote upon the treaty,
education to assume control over some of his savage Senator Vest’ s amendment placing the Philippines
or semi savage fellow-countrymen.
That he was upon the same status as C u ba;
in
other
bought off from the insurgent forces by Spanish geld, words, declaring our purpose, after the pacifi­
and that he never dreamed of returning from his cation of the islands, to “ leave their gov­
voluntary exile until he was able to follow in the wake ernment and control to their own people.” Senator
of Admiral Dewey's flagship is, we suppose, pretty Gray, it seems to us, expressed very fairly the judg­
generally understood. For a nation which had re­ ment even of ultra-conservative citizens, in saying
fused recognition as a stable government to the, at all that he might in the future be willing to vote for some
events, civilized Cuban insurgent administration, to explicit declaration regarding admission of the
propose su:h a recourse as leaving the City of Manila natives to a voice in government; but that “ he con­
to this man and hi3 half-naked warriors, would have ceived that at the present time and in the present
been a strange performance in diplomacy.
unhappy conditions existing in those islands, the
The fight at Manila has, as General Merritt re­ Senate had done its whole duty.”
marks, shown the Filipinos to be at best barbarians—
somo of them armed, unfortunately, with modern
C E N T R A L OF N E W J E R S E Y A N D TH E
guns and rifles, but the majority fighting, like the
0 1 H E R A N T H R A C I T E ROADS.
American Indians of a century and a half ago, with
As one after another the reports of the larger
their aboriginal bows and arrows. Whether fortu­ companies are be.ng received, the secret of the
nately or otnerwise for our own future, it had been strength of the anthracite stocks in the market is be­
our lot to strike down the last remnant of restraining coming apparent. Not only has the outlook for
civilized power in the Philippines, outside of the Amer­ these properties improved, by reason of the changed
ican army and navy. It is to our mind extremely conditions realized or in prospect, as explained at
doubtful whether even the relinquishment of the length on previous occasions, but the various com .
Philippines to Spain, as a conclusion to the peace panies all show very much better results for the year
negotiations, would have left matters where they just past—a year of great depression in the anthracite
were before. There is little reaspn to suppose that, trade—than any one expected could or would be the
with the American forces withdrawn and the Spanish case in view of the unfavorable prognostications which
sovereignty nominally restored, the lives and property were current.

F e b k c a k y l l , 1S99.

T H E

C H R O N IC L E

Within the last two months we hare had the annual
returns, either preliminary or iinal, of the largest
fire of the anthracite-carrying concerns, and with the
possible exception of the Delaware Lackawanna
& Western they have all proved an agreeable
surprise in showing that despite the adverse situation
of the anthracite trade in 1S98 income accounts had
been comparatively very satisfactory. The Reading
report was the first of these five to be received. It
was for the year ended .June 30 and showed that not­
withstanding certain very large expenditures for im­
provements which had been charged directly against
earnings, the company more than earned the 4 per
cent interest on the first preferred stock in the late
fiscal year when considered by itself. The Lehigh
Valley report we reviewed in onr issue of January 21.
It was for the year ending November 30, and while it
reflected the poor state of the anthracite business, it
at the same time disclosed marvelous operating re­
sults, attended by great economy in the expense ac­
counts, and a growth in passenger and general freight
traffic more than sufficient to overcome the loss in the
coal branch of the service.
The Delaware & Hudson, the Lackawanna and the
Central of New Jersey statements are all for the cal­
endar year. The report of the Delaware & Hudson
has not yet been printed, but we have had two pretty
definite indications of the nature of the year’s out­
come.
The management announced several weeks
ago that dividends for 1899 would be unchanged from
1898, that is would be 1| per cent quarterly or 5
per cent per annum. As these dividends in the Dela­
ware & Hudson case are always based on the previous
year’s results, the announcement was equivalent to a
declaration that in a very bad year for the anthracite
trade the company had been able to net 5 per cent
on the stock. Last week this view found further and
explicit corroboration when, in advance of the ap­
pearance of the annual report, the managers permitted
it to be known that *1,870,819 or 5 34 per cent had
been earned for the stock on the operations of the
twelve months of 1898. To be sure, in 1897 the
amount similarly earned was $2,141,420, or 6*11 per
cent, but, all things considered, such a result for 1898
was highly encouraging and assuring.
The Delaware Lackawanna & Western report is
always meagre and unsatisfying: and hence attempts at
conclusive and convincing analyses are more or less
baffled. The company's one-page circular which does
duty as an annnal report informs U that #1,324,205
3
was earned for the stock in tho late twelve months.
This is equal to 5*05 per cent on the outstanding
share capital. As the company actually paid 7 per
cent, calling for #1,834,000, there was consequently
a deficiency of #509,735. In 1897 there had been a
small surplus (#76,300) above the amount called for
by the dividend. This difference is not of startling
proportions considering the known depression in the
anthracite trade, and yet it is disappointing. At the
same time it appears that accumulated surplus, or
credit to profit and loss, instead of recording a
decrease only in the amount of the year's de.
fieieucy, namely #509,735, shows a reduction in
in the sum of #1,420,447.
This is explained
by the statement that the sum of #910,711 was
charged off for " depreciation of rolling stock," etc.
What period of time, however, it covers we are not told—
whether one year or many. Probably the latter is the
case, and doubtless the step was considered appropri­

253

ate in view of the coming change of the executive
head of the concern. But it would he more satisfac­
tory if we could have definite knowledge on that point
and be made acquainted with the details of the
changes. As Mr. Sloan is presently to give way to a
new head, perhaps another year we may see a report
of this really valuable property which shall be up
to the Nineteenth Century standard.
The Central New Jersey report is also limited in
scope, and leaves some things to be desired. But the
showing made in the report is satisfactory.
The
final result, indeed, is a trifle better than it was in
1897. The company, it will be remembered, in 1895
reduced its dividends from 7 per cent per annum to 5
per cent and in 1897 made a further reduction to the
basis of 4 per cent. The income statements for the
last two years indicate that thefourper cent was earned
with a surplus of #232,854 over in 1898 and with a
surplus over of #186,737 in 1897.
This seems
to be, too, on a conservative method of account­
ing— that i§ to sav, the interest on the #6,116,000 of Lehigh & Wilkes-Barre Coal Company
consolidated mortgage bonds held by the Central of
New Jersey, payment of which has been deferred (the
Coal Company being unable to meet it), has not
been included in the income account for either 1898
and 1897, nor has it been counted in the balance
sheet. We mention this fact because prior to 1897
the practice was the other way, the reasoning of
coarse being that the company would be ab1e to
realize upon these deferred coupons some time in the
future, and that meanwhile they might properly
be carried as a credit to income. The complete elimina­
tion of this item is obviously to be commehded. The
report also tolls us that, as heretofore, operating ex­
penses cover all expenditures for repairs, and likewise
include expenditures for renewals of bridges, buildings
and wharves, substitution of heavier rails and other
construction.
The surplus of #232,854 remaining on the opera­
tions of the twelve months, over and above tho four
percent dividends paid, might it is possible be dimin­
ished if the results of the operations of the Lehigh
& Wilkes-Barre Coal Company were taken into ac­
count. The Central New Jersey owns a majority of
the capital stock of the Wilkes-Barre Company, be­
sides the #6,116,000 of the consols referred to above.
In a word, it controls the Coal Company completely.
Apart from the interest payable to the Central, the
Coal Company in 1897 fell #99,749 short of meeting
its fixed charges. What the result was for 1898 we
do not know. Should the deficiency be about the
same, or even should it be twice as large, there would
still be a credit balance after deducting the amount
from the #232,854 surplus remaining from the opera­
tions of the railroad. It is needless to say that such
an outcome for such a depressed year as was 1898 in
the coal trade cannot he considered otherwise than
satisfactory.
It appears that gross earnings for 1898 were a little
smaller than for 1897, being reported #13,187,271,
against #13,212,772, while net earnings were some­
what larger, being #5,118,957 against #5,044,101.
The significance of the comparison lies in the fact
that this is the showing notwithstanding there must
have been a considerable loss on the receipts from
coal traffic. The report does not give the passenger
freight and coal earnings separately, but if the de
tails were stated we have no doubt they would show

C H R O N IC L E .

• in the Lehigh Valley case, decided growth in the
as
passenger and the general freight departments. The
•coal business, we know, must have undergone con­
traction, since entirely apart from the question of
tolls the tonnage was smaller. In our issue of
January 28 we presented a statement of the ship­
ments over the different routes, from which it ap­
peared that the Central New Jersey had sent to mar­
ket only 4,026,386 tons in 1898, against 4,730,860
tons in 1897, 4,999,003 tons in 1896 and 5,388,104
tons in 1895.
It is this continuous loss in the road's largest item
« f traffic that gives especial importance to the favor­
able nature of the comparison. In the statement re­
ferred to we also showed that the Delaware & Hud­
son had likewise been sending steadily diminishing
amounts of coal to market in the effort to improve
the situation in the coal trade, its shipments for 1898
having been 3,891,246 tons, against 3,921,665 ton3 in
1897, 4,152,273 tons in 1896 and 4,347,843 tons in
1895. On the other hand we saw that the Lacka­
wanna had been adding to its shipments the last two
years, these shipments for 1898 being reported 5,795,540 tons, against 5,690,684 tons and 5,627,533 tons re­
spectively in 1897 and 1896. It is therefore rather
curious to find that the first two companies are able to
make relatively favorable comparisons in their income
exhibits, while the Lackawanna has fallen further
behind.
•GOLD

A N D S IL V E R P R O D U C T OF
WORLD F R O M 1851 TO 1899.

THE

We submit below our estimates of the yield of gold
and silver in the world during 1898 and our review
o f the world’s product from 1851 to 1899. The returns
we have obtained with reference to the output of gold
in 1898 are so nearly complete as to leave very little
to be desired. They enable us to give this report in­
creased usefulnesss.
GOLD PRODUCT OP THE WORLD PROM 1851 TO 1899.

Every one knows in a general way that the output
of gold has continued to develop during the past
twelve months.
And yet the aggregate growth,
though larger than ever before, has not quite come
up to the more sanguine expectations. The Klon­
dike region for instance has notoriously failed to
meet the early promise, and even the reports of
yield from that district which have been received
during the year turn out to have been exag­
gerated.
Still all of the accredited authorities agree in
giving the world’s total for 1898 considerably in ex­
cess of 1897. Mr. Valentine, of Wells, Fargo & Go.,
the pioneer in the field of accurate gold statistics, has
made public with his figures for the United States an
estimate of the world’s product. He makes it 1280,000,000, which reduced to ounces at the rate of 20,671S
dollars per ounce would give a total of 13,545,023
ounces. “ The Engineering and Mining Journal,” an­
other good authority in such matters, publishes in its
issue of January 7th an elaborate statement including
the yield of each gold producer. The total result that
journal reaches for the 1898 gold yield is $286,218,954, which differs only 6 million dollars from Mr.
Valentine’s estimate. As yet Mr. Roberts, Director
o f the Mint, has made no estimate for the world;
usually our Mint Bureau does not publish any such
figuresuntil after June 30, the close of the fiscal year.

|VOL. L X V I i l

In 1898 its estimate was not given out until the last
of October.
Our own data as to last year’s (1898) yield ox gold
aggregates a product a little in excess of the result
reached by either of the above authorities.
Mr.
Valentine gives but few particulars disclosing the
details of his estimate. Comparing the leading pro­
ducers, as we have made up their output, with those
of the “ Engineering and Mining Journal,” it will be
noticed that our results are most of them a little
larger than the amounts given by that journal; that
is to say, the total under each of the headings speci­
fied in our general table (the United States, Australia,
Africa and Russia, and the aggregate of other
countries) is a little in excess of the Journal’s corres­
ponding statements. In some cases these increased re­
sults have probably arisen from the later date of our
publication, and consequently to the later information
and fuller reports we have received.
A t the same time we should add that there is even
now room for error in some of the details. While we
believe the aggregate we give will prove to be a very
close approximation to the actual result, we presume
reason will appear later in the season to modify to a
small extent our conclusions.
If this supposition
proves correct it will be due chiefly to the fact that
from a number of the minor producers we have but
little information, and have therefore been compelled
to base our figures for “ Other Countries” on less
complete data. It is impossible so early in the year to
pursue any other course. As to all the larger pro­
ducers, the facts are now made known so promptly
that soon after the close of a year their product
is obtainable, and the really unknown country about
which few returns can be had at this date is every year
becoming narrower and mostly confined now to the yield
of mines of little consequence in the make up of th
yearly aggregate.
We bring forward our general
table of the gold product each year since 1871, add­
ing the results we have reached for 1898.
Fine.
Ounces.
1871 ......
1872 ......
1873 ..........
1874 ........
>875..........

G O L D . —WORLD’ S PRODUCTION IX OUNCES.
United
Other
*
Australia. States. Russia. Africa. Countries. Total.
Ounces. Ownces. Ounces. Ounces. Ounces.
Ounces.
2.378,729 1,896.9X7 1,26*.000
470,832 6,010,508
2,150,417 1,858,661 1,215,000
470,832 5,692,910
2,114,910 1,907,112 1,066,000
470,832 5,558,854
1,993,460 1,870,973 1,068,000
470,832 5,403,265
1,895,615 1,944,030 1,050,500
470,832 5,360,977

ToX’71-75.10,533,131 9,475,723 5,663,500

~

~

Total.
V a lu e s .
£
25,53X430
24 182 343
23 612 900
22.951,989
22,77s].358

2,354,180 28,026,514 119,051,028

1876 ...... 1,668,082 2,086,009 1,081,778
1877 ...... 1,581,496 2,188,785 1,317,741
1878 ...... 1,407,564 1,896,947 1,354,500
1879 ...... 1,425 872 1,617,269 1,885,900
1880 ...... 1,443,898 1,741,500 1,391,260

470,832
522,532
525,071
607,610
634,508

5,300,701
5,610,554
5,184,082
5,036,551
6,211,166

22,541,805
23,832,511
22,020 9
21,394,261
22,135,991

Tot.’76-80. 7,526,912 9,530,510 6,53X179

2,760,453 26,349,054 111,925.512

1881
1882
1883
1884
1885

64X354
660,927
942,184
1,004,536
928,717

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

Tot.’81-85 .
1886
1887
1888
!S89.........
1890.........

1,475,161
1,438,067
1,333,849
X352,761
1,309,804

1,678,612
1,572,187
1,451,250
1,489,950
1,538,325

X1SX853
1,15X613
1,132,219
X055.042
1,225,738

4,976,980 21,141,216
4,825,794 20,499,008
4,859,502 20,642,193
4,902,889 20,826,492
5,002,584 21,249,978

6,909,642 7,730,324 5,750,065
4,177,718 24,567,749 104,358,885
..................... 1,357,670 1,693,125
922,226
..................... 1,171,342
1,290,2021,596,375 971,656
28,754 1,174,503 5,061,490 21,499,815
1,344,0021,604,811 1,030,151 240,266 956,363 5,175,623 21,985,011
1,540,607 1,587,000 X 154,076 366,023 963,539 5,61X245 23,835,447
1,453,172 1,688,880 1,134,590 479,302 XO55.507 5,711,451 24,261,102

.

T H E

.

254

Tot.’86-90 . 6,885,053 8,070,221 5,212,699 1,114,345 5,321,254 26,604,172 113,008,820
18J1. 1,518,690
1892. 1,638,238
l®98. 1,711,892
1894 ........ 2,020,180
1895 . 2,170,505

1,804,840
1,597,098
1,739,323
1,910,813
2.254,760
■

.--

1,108,764
1,199,809
1.345,224
1,167,455
1,397,767

727,912 1,266,029 6,286,235
1,150,519 1,456,158 7,041,822
1,38X128 X497.669 7,675,286
X865.538 1,891,236 8,655,222
2,115,138 1,713,833 9,662,003
I

u I

26,702,669
29,912,261
32,602,967
36,765,652
40,999,778

09,010,010 14)0,900,01 f

1896
2,185,872 2,568,132 1,041,794 2,150,106 ’.,874,173 9,820,075 41.713,716
189? ...... 2.690,278 2,774,935 1,124,511 2,818,493 2,075,49) 11.483,712 48,780,511
1898(esb.). 3,254,443 3,182,212 1,300,000 3,904,721 2,450,000 14,091,108 59,857,47
* T h e ou n ce s in th e f o r e g o in g ta b le m a y he tu rn e d in to d o lla rs by
m u ltip ly in g b y 2 0 ’6 718. T h e v a lu e in p o u n d s s te r lin g ha s beenaso e rta m e d b y m u ltip ly in g th e o u n ce s b y 4 -2 4 7 8 . T h u s, a c c o r d in g to
th e a b o v e th e p ro d u c t in 1893 sta ted in d o lla rs is $ 2 9 1 ,2 9 4 ,7 2 6 a n d in
ste rlin g £ 5 9 ,8 5 7 ,4 7 4 . T h a t n g g re g a te co m p a re s w ith $ 2.3 7,33 8 .9 7 7
a n d £ 4 8 ,7 8 0 ,5 1 1 in }8 9 7 , a n d $ 2 0 2 ,9 9 8 ,6 2 6 an d £ 4 1 ,7 1 3 ,7 1 5 In 1 8 9 6 .

5,044,

F e b r u a r y 1 1 , 1889,]

T H E

C H R O N IC L E .

2 55

begm'to show again any material growth until 18S9, the
output during the six years ending with 1883 being
about stationary, the aggregate additions to the yield
during all those years having been only 349,82®
ounces. But in the single year of 1889 the growth in.
product was 435,622 ounces.
That year seems then,,
as the record stands, the turning point. And yet>
looking at the details of growth, it is further notice­
able that for the four years following 1889 the addi­
tions were almost wholly confined to the new pro
ducer, Africa, and no marked general growth, that is
in ail countries, was established until 1894. In other
words, until silver dropped to about 27d per ounce, the
decline in silver seems not to have materially affected
the production of gold. Why did the increase begin
then ? Why did it not begin before ?
Those are questions which have been variously an­
swered. In the United States the general explanatior
given is that the gold product did not show any decided
tendency to expand until silver had dropped so low as
to make mauy silver mines unprofitable. This condi­
tion of the silver market drove numerous prospectors
to abandon poorly-paying properties and to seek gold.
We believe that to be the true answer, and that it ap­
plies not only to this country bat to the world of pro­
ducers. The more the facts are studied the more ob­
vious that conclusion will become. We cannot oiv
this occasion go into details at any length, hut speak­
ing in a general way the reader will find that the yield
of silver in the United States began to decline here
almost at the moment the gold output began to rise.
The highest productof silver in theUnited States (see
table at the end of this article) was in 1892, when the
total reached 63,500,000 ounces; in 1893 it had drop­
ped to 60,000,000 ounces and in 1894 to 49,590,000ounces. Since then the output has fluctuated, but
on the average has been on the rise again.
Looking at the silver product of other countries, we
find a somewhat similar state of facts in reference to a
few of them, such as Australia, &o.; but from Mexico
and the mass of South American producers the output
showed evidence, in a modified form, of the same in­
fluence, though it appeared later and for a briefer pe­
riod; in some of them it did not appear at all. As a
O O U i l-SO £>CCT * * O M I S M TO 1 8 9 * .
result the aggregate silver product of the world
Aiwnvm,
A «**F
**tJ«, A ret, mt. A **r. raS. y
——•Sitrer •prt£*0..reached its highest figure in 1895, then it declined,,
tterlinp.
5 year*.
winera.
Avlar*.
to te . ,
A
. 6873 061 £3\4*5.46> lUF.074.tVH OtttfL « W - 6 1 4 4 ,,. .1861
but only
for one year, 1896.
In
1897 it
183*. 14ft) .. , 6.548,7So 27„817.8»» 135.374.AH m i n .
6 1 *1 .. .1856-60
I M i A t m . ..
60*4. « t *< !... ,1861-65 recovered,
ftMWJQO M0.344.64l
passing its largest previous
record,
2*04*761 12*766.570
..
flC L
W
flOH-l - .1864-76
that year being 183,096,090 ounces,
.. 5,A06,i*>3 23310.206 116371,703 SlUd- 56*0, 5SM.
i - 71- *. ! the output
1876-I880 . . & j m j m
27,381,142 lfl8.OJ6.470
4€Hn. 5 3 * 4 ... .1876-80 and going still higher last year,
1898, the prod­
1881-1886..... 1.9t3^S0 2*871.77? 10137UW3 6 W - 4044. 5 0 * 4 ... .1881-81
1306-1800 ,. w m j & k
22,601,7*1 1OO.O0L2N1 644*1- 411*1. 4 1 *1 ... .1886-00 uct then being
probably in that twelve months
I801-DW6.,.. 7,862.103 3J.306.tW3 l«*503.8-» v*4n- 274.
1801-06
about 190 000,000 ounces. Thia recovery and pres­
A n n ' out put—
Tt»rl8PS . .. 9jen.t>75 41,713,715 702,098,414
30*4- .1 8 7 6 ent enlarged production is evidence of
two con­
T e a r \W7 . .
4*781.511 *37,38*077 391*1. 33*1. *744. ....1837
r p * r i * m . .A Z J iM .m
5'»A07.SU 3*7,! 603*5 ■& ri 234.
274.
....1808 ditions:—that ( ! ) some new mines have been opened;
H
The foregoing is useful in many ways. It carries where silver has been found with gold or other metals
the history of production back to an earlier date than j or both in such quantities that altogether there is
the previous statement. Furthermore, as the results profit in working, and (2) it has bee a demonstrated
are given in averages for five-year periods, one has at a ; now that silver can be gotten from the earth in al­
glance a clear view of the fluctuations in the yield, most limitless quantities and at a very low cost. Con­
both quantity and values, ever since 1851, and of the sequently the presumption at present is that before the
course of the silver market in London during the current year is closed the market price of silver will
same time. Studied consequently in connection with decline to a lower average than it has ruled at during
the previous statement of annual production since the past year.
1871, with the chief sources o f supply noted, special
U nited States.— We have stated above that al­
light is thrown on some earnestly debated problems. though the gold product has developed rapidly of
We have already pointed out the significant feature late it has not quite come up to expectations. The
that the gold product, after the large yield in 1851 to progress of this *ountry in gold production the last twe
1861 continued to contract, thongh with temporary years i lustrates that fact; the yield here in 1897 and
reactions down to and including 1882; that it did not 1898 has been seriously interfered with by the abnormal.
The foregoing comparison affords a clear view of
the surprising enlargement in the production of gold
which has taken place within a very few years. It
furnishes the reader with a history of the actual
output each year since 1871. That period covers an
extremely interesting movement. It covers a good
part of the decline from the high totals in 1852 and
subsequent years : but, what is of more interest, it
includes the whole of the rise now in progress. For
illustration, in 1871 the yield was 6,010,508 ounces,
valued at £25,531,436, or $124,248,019. The product
did not touch 6 million ounces again until in 1891,
when it was a little over that amount, being 6,286,235
•unces, valued at £26,702.669, or $129,947,593 I n that
interval of twenty years, from 1871 to 1891, the yield
had dropped considerably below those figures and
then recovered. Indeed, the year following 1871, that
is in 1872, the yield was only 5,692,910 ounces, valued
at £24,182,343, or $117,682,697, while in 1881, ten
years later, the product had further declined, until it
was only 4,976,980 ounces, valued at £21,141,216, or
$102,883,135.
The lowest year's product wa- the
very next year, 1882, when the result was 4,825,794
ounces, valued at £20,499,008, or $99,757,848. In
1883 the rise in the annual output began again. The
aggregate passed the 5-million*ounce figure in 1885 ;
in 1891, as we hive already shown, the ounces
passed the 6-million point.
Since then the upward
progress was at first moderately active, bat later de­
cidedly rapid; the total reached over 7 million
ounces in 1892, over 8 million ounces in 1894, over 9
million ounces in 1895 and now in 1898 it is over 14
million ounces.
To afford oar readers a more comprehensive picture
of the situation, past and present, we make the follow­
ing brief comparison showing the average annual
product (expressed in ounces and also in sterling and
dollar values) tor the whole world for oach five-year
period, beginning with 1851 down to and including
1895; since 1895 the annual product is stated. We
also add a column showing the highest, lowest and
average price of silver in London for each five-year
period; for the three years 1896 to 1898 inclusive, the
same annual data with reference to silver is annexed.

266

T H E

conditions of the mines in a large seotion of Cali­
fornia. Before 1897 the new development in that
State was as clearly marked as in any other except
Colorado. In 1897 and now again in 1898 the output
of the gold mines of California has been very dis­
appointing—it has lost ground compared with 1896
instead of gaining any. This has been chiefly due to
a practical suspension of placer mining because of an
extremely severe and remarkably prolonged drought.
Recent reports indicate that the conditions in that
particular have changed, and the belief is now en­
tertained that in 1899 the progress making in almost
every other State will again be shared in by Califor­
nia. How general other than in California and how
very considerable in some of the States the develop­
ment has been in 1898 is indicated by the following
summary. These are the figures of Mr. Roberts, the
Director of the Mint. In issuing them he stated that
they were compiled from estimates of the agents of
the Bureau. Mr. Valentine, of Messrs. Wells, Fargo
& Co., has also made public his annual statement.
This year these two authorities appear to agree sub­
stantially ; the Mint Bureau’s early estimate having
been $65,982,677, and Mr. Valentine’s $66,486,202 for
the States West of the Missouri River. As the States
east of the Missouri produce but little gold (only
$357,200 in 1897), it will be seen that there is a re­
markably close agreement between the two. The
following values are, as stated, the Mint Bureau’ s
estimate. We have reduced the values to ounces so
as to make the comparison with previous years com­
plete.
G O LD PR O D U C T IO N IN U N ITE D STATES.

G o ld —
P rodu ction.

Colorado......
C aliforn ia_
_
_
South Dak_
Montana.......
Nevada..........
Arizona.........
Alaska...........
Utah..............
Idaho.............
Oregon..........
W ashington..
New M exico..
Michigan.......
South. States.
Other States..
T o ta ls ,...

,-----------1896.----------- , ,-----------1897.
Fine ozs.

Value.

721,320 $14,911,000
737,038 15.235,900
240.419 4,909,800
209,208 4.324,700
119,404 2.408,300
125,979 2,604,200
99,444 2,055,700
91,908 1,899.900
104,203 2,155,300
60,512 1,251,000
19,620
405,700
23,017
475,800
1,799
37.200
13,371
270,400
828
17,100

F in e ozs.

•1898.
Value.

Fine ozs.

Value.

924,188*19,101,200 1,185,189 $24,500,000
707,160 14,618,300
720,001 14,833,721
275,491 5,094,900
282,579 5.841,406
211,563 4,373,400
252,060 5,209,302
143.983 2,976,400
113,177 2,959,731
140.089 2,895,000
154,098 3,185,490
80,011 1,778,000
98,682 2,039.930
83,500 1,726,100
105,001 2,170,543
82,320 1,701,700
110,000 2,273,902
65,450 3,353,100
65,000 1,343,6 9
20,313
419,900
29,000
599,483
17,246
356,500
17,415
360,000
3,033
02,700
3,144
65,050
13,903
16,956
350,500
701
14,500 £

2,668,136 $53,068,000 2,774,935 $57,363,000

VOL. LXVIII.

C H R O N IC L E

3.182,242 $05,782,677

The remarkable feature of theToregoing is the de­
cided advance made by Colorado during not only
1898, but during the last two years. In 1896 the
gold yield of Colorado’s mines was only 721,320
ounces, valued at $14,911,000 ; in 1898 it was 1,185,189 ounces, valued at $24,500,000, or an increase in
two years of 463,869 ounces or $9,589,000. In 1896
the annual product of the State was less than in
California, in 1898 it was nearly 10 million dollars
more. This advance is due very largely to results
obtained in the Cripple Creek region. But during
the year there have been fresh developments in older
properties and new work begun elsewhere which,
together with the extremely auspicious outlook in the
Cripple Creek mines, promise to make the product
the current year even more distinguished than the
last. A notable fact and one that affords a basis for
a very hopeful future for gold mining in the United
States is that, according to the Mint figures, every
State but one shows growth.
A f r i c a .— But all previous records of expansion in
gold mining have been broken by the results at hand
for South Africa. We say South Africa, for it is from
the Rand and surrounding territory that almost the

whole output of Africa comes. In the Rand alone
a gain of 1,071,261 fine ounces over 1897 is recorded;
in other districts there has also been a fair addition
to yield, so that in the aggregate Africa’s gold prod­
uct for 1898 reaches 3,904,721 fine ounces. The Witwatersrand returns furnish a history of marvelous
growth, each month, with two exceptions, showing a
gain over its predecessor, as well as being very largely
in excess of previous records for the period covered.
We subjoin a monthly statement of these returns
for six years.
W IT W A T E R 8 R A N D D IST R IC T — O UN CES V A L U E D A T A B O U T & 3 1 0 S .

Ounces.

January.........
^February........
March...............
A pril.................
M ay.................
June..................
J uly................
A ugust...........
Septem ber....
October..........
_
N ovem ber_
December......

1892. 1893.
84,561 108,375
86.649
93,253
93,244 111,474
95.562 112,053
99,436 110,912
103,253 122,907
101,280
102,322 136,069
107,852 129,585
112,167 136,683
106,795 138,640
117,748 146,357

1894.
1895.
1896.
1897.
149,814 177,463 148,177 209,882
151,870 169,296 167,019 211,000
165.373 184,945 179,154 232,067
168,745 186,323 176,707 235,698
109,774 194,581 195,008 248,305
168,162 200,942 193,041 251,529
126,169167,953199,453203,874 242,479
174,977 203.573 212,430 259,003
170,708 194,765 202,502 262,150
173,379 192,652 199,891 274,175
175,304 195,219 201,114 297,124
182,104 178,429 201,315 310,717

1898.
313,827
297,970
325,908
33M25
344,160
344,070
359,343
370,912
384,080
400,791
393,311
419,504

Totals......1.210,809 1,478,477 2,024,163 2,277.641 2.280,892 3,034,079 4,295,607

For the districts outside the Rand our advices are
more complete than ever before. They indicate that
while some mines have done much better than in 1898
others have furnished rather unsatisfactory results.
The Transvaal Gold Mining Estates in theLydenburg
District record a yield of 74,999 ounces, as compared
with only 30,286 ounces in 1897, and Glynn’s Lydenburg has increased its output from 6,242 ounces to
to 14,802 ounces. On the other hand, the yield from
the Sheba mine in the DeKaap District fell to 63,762 ounces from 90,293 ounces in 1897, and there has
been a drop from 48,274 ounces to 39,534 ounces in
the product of the BufEelsdoorn mine in the Potchefstroom District.
Toward the close of the year
new mines were opened in Rhodesia, and the indica­
tions from first crushings are that they will be an im­
portant factor in the near future.
To illustrate
clearly the growth in production in the whole of
Africa we have prepared the following, which shows
not only in fine ounces but in values the progress
made from year to year since 1887 in developing the
gold-producing industry of the country.
A F R IC A 'S G O L D P R O D U C T IO N — F IN E

O UN CES.

/—Witwa t e r s t a n d — -------- O h e r ------- >
«
t
F ea r.
O u n ces.
£
O u n ces.
£
1887 (part year). ... 28,754
122,140
1388...................
808,210
50,000 212,390
1889...................
1,342,404
50,000
212,390
1890................ .
1,732,041
71,552 303,939
1891.................
2,552,333 127,052
539,091
1892...................
4,255,524 148,701
631,652
1893................... ...1.221,151 5,187,206 159,977
679,550
1394...................
6,956,934 227,705 907,500
1895................... ...1,845,138 7,837,779 270,000 1,146,906
1896...................
7,888,465 293,035 1,244,755
1897...................
10,583,010 826,941 1,338,780
1898................... .. 3,562,813 16,134,115 341,908 1,452,364

.--------- T)tal---------i
O u n ces.
£
2S.754
122,140
240,266 1,020,000
366,023 1,554,794
479,302 2,035,980
727,912 3,092,024
1,150,519 4,887,176
1,381,128 5,806,756
1,865,538 7,924,434
2,115,188 8,084,685
2,150,100 9,133,220
2,818,493 11,972,390
3,904,721 I6.P8V72

Total.............. .15,160,909 64,100,707 2,066,931 8.779,910 17,221,900 73,180,677

According to the foregoing the entire production
of the African mines for the eleven years since the
first opening was made has been 17,227,900 fine
ounces, valued at £73,180,677.
A u s t r a l a s i a . — Capital laid out in Australasia dur­
ing recent years gave evidence in 1897 and now again
in 1898 has given further proof of the work done.
The yield of all the colonies for 1898 reaches 3,254,443 fine ounces, against 2,690,278 ounces in 1897,
which compares with 2,185,872 ounces in 1896
and 2,170,505 ounces in 1895.
It is thus seen
that 1896 was the year the new development
began to bear fruit. Western Australia shows the
greatest gain, but the other colonies, with one excep­
tion, show growth. By reason of this new develop­
ment in the product of its mines, Australasia has now

F e b r u a r y 1 1 , 1899 A

T H E

C H R O N IC L E .

apparently assumed second position among the gold­
mining countries. We say apparently, because it is
of course possible that later official figures may prove
the Mint Bureau’s present estimate for the United
States to be too low; but until that is found to be the
case we cannot do otherwise than award second place
to Australasia. 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 reduc­
tion is a trifle more, being estimated for each
province on the basis of the official returns made
to us.
product

or

g o ld is

N ew S r
IV*. Victoria. W alt*.

1S70. , « , » >
1& U .17M 99
1602, .M M /M
1890. .071.126

Au s t r a l a s ia s

c o l o n ie s — g r o ss o u k c e s .

Tcumo* Total A u * nia.
tralaHa.
24.S U 2 0 /1 0 1,509.350
*8,760 1.051.161
38,974 43.278 1,700,130
33,820
37.687 1.876,562

Queens- W a t e r *
S ow
Smith
land. A u stralia. Zealand. A u stralia,

127,*60 610/87
16 9 k m 561,6*1
15*370
170.3-0 *314.040

54.209
*M U
59.548
110,800

m m
251.0*5
237,392
228,811

18 0 1 .. 673.660
$ 2 4 ,7 0 7 675,000
2*>7,l3l
221,5-11 # 5 /4 4
5 7 3 ?3 2,105.848
1895, .740,086
360,165 631.682
231.513
293,101 *7,313
54.864 2 /5 0 .2 4 4
1806 .8 0 6 /8 7
2 ^ .0 7 2 638.212
2 8 l/* 5
263,728 29.004
02,580 2 /7 5 .» C
1897.. 812.765 292,^17 *07,988
« « T
«a3
251.644 10,3*2
60.735 2JW 4/14
H m .-837.256
641.723 918,100 1,060.182 280.176 *20.000 *00,000
3.5:?7,43S

* £»fcim*te«L
PRODUCT OW GOLD IN AU9TRALA8IAX CO COM! 86— I'D** OCNC89*
SflW So.
Victoria. W alt*.
1890. .554,225 116,774
1891 ..M O /* ? 141.069
142,227
jar 110.571
1801.619,786
ia os jm jen * 331/53
v m . .r io /a o
272.386
1897. 747.744 268.8*0
1898.770*277 314.385

Trt.

S'.mth
(jw «u * W etU m
land. *4ustratum Zealand. Australia
551.006
90,608 im .9m
21.641
27,886 231.837 26.40*
516,710
64,7*5 218/01
55.867
545,061
3 0 /4 4
k*MS4i> 101,131
621.000 100/81
32.076
*4310
581.147 212,993 270,012 43.586
587,155 2S8.764 212.621 9 6/3 4
0.107
743,294 633,515 221.512
844.652 966,167 257.762 18.400

Tasma­ Total A t«3
traLaHa
nia
17,966 M 53.1Tt
44.497 1/18,890
3 9 /1 7
54.977 1*711/92
43.243 2,021^,180
60.567 2,170/06
67.579 2,185/72
5 6.^ 6 2/90 ,2 78
M /0 0 9/54,4*5

R ussia.— F rom such information as has come to
hand we estimate that when the official results for Rus­
sia for 1898 are completed they will show a material
increase in production over 1897. There seems no rea­
son to doubt that in the Ural Mountain district min*
i ng has afforded much better results than in the preyious year, and the same may be said of the Lena
Valley section.
Under the circumstances wo are
strongly of the opinion that the year’s total will
exceed the figures we give, which are 1,300,000
ounces. How this total compares with recent years
is indicated in the following table, which goes back
to 1892.
JtibMla'A production lo 1892
Romtla'*
“ 1893

Bu.sia’*
Ro»»!a’s
Kndsia’s
Buaala's

" 1894
" 189.V
" 1898.
“ 1897.
* 1898.
•

. 1,199.809 ounces.
. 1,348,224 on ace*.
.1,107,4.*8 ounces,
.1,397,787 ounce*.
1,041,791 ounces.
.1,12 1,5 11 ounce*.
.1.300,000 ounces.

Hollo from • Other Countries .” — We have room
*
for only few facts with reference to “ Other Countries.”
So far as the data have been received they show an
increased product, though in most cases the increase is
moderate. Of course the addition to the yield in the
Klondike fields is the most important, but even there
the results hardly come up to expectations. The total
1o 1898 closely approximates $12,000,000, and this
compares with a little over $6,000,000 in 1897. A
further large development is looked for in 1899,
though the extremely short open season for securing
the gold must always be a senou 3 hindrance to rapid
development.
Canada has assumed considerable importance as a
gold producer since the development of the Klondike;
now ranks next to Russia. Prior to 1895 the total

2 5 7

output of the Canadian mines (including, of course,
British Columbia, Nova Scotia, &e.), fluctuated
around §1,000,000 for a number of years, going above
that figure in 1889 and 1890, and dropping to near
$900,000 in the three succeeding years.
In 1894 the
yield rose slightly to 50,411 fine ounces or $1,042,100
but iu 1S95 attained a total of 92,440 ounces or
$1,910,900, the increase being almost wholly attribut­
able to the working of the Yukon mines. A further
increase occurred in 1896, the total for that year be­
ing 135,943 ounces, or $2,810,200. In 1897 the pro­
duction in the Far North served to carry the aggre­
gate up to 291,561 ounces or $6,027,100. This total
was more than doubled in the past year, the output
from the Klondike mines alone having been, as stated
above, approximately $12,000,000.
Adding to this
the production in other parts of the Dominion, where
mining has also been more vigorously prosecuted, we
have a yield for the year of about 701,439 ounces, or
$14,500,000.
Mexico.is not only now enlarging its silver output
very rapidly, but it is taking likewise quite au im­
portant position as a producer of gold. During 1888
its mines have yielded over $10,500,000 gold, and for
the last four or five years it has been adding about
$1,000,000 annually to its product. As a silver pro­
ducer it looked last year as if .Mexico would soon
take the first place in the world. But if the ap­
proximate estimate of our Mint Bureau for the
United States in 1898 turns out on later infor­
mation to be correct, that position will at least he
deferred.
India’s gold product also shows increase in 1898.
For years the output of the India mines has steadily,
though slowly developed. The gross ounces in 1898
were 415,230 ounces equal to about 373,494 fine
ounces, against 389,779 gross ounces equal to
350,598 fine ounces in 1897.
The statement of
yield given in gross ounces has been as follows for
six years.
*A*T INDIA—
GOLD PRODUCTION PRINCIPAL MINB8.
m n.
1W7.
189*.
L89&
1804.
180S.
Ounce*. O utuet. (June**, Ounce*. Ounce*. Ounce*
Cham pion f U ^ f_______ ______ 140,158 123,026
8o,005 70,963
53,610 31,516
....... ......... .............. .
bit,685
66310
05,575 70*310
68,424 75.088
MJm ots ...
. . . .......
169.374 127,507 107,781
03,444
52.115 05,409
N o n d y d r o g ..
........
..4 1 ,5 3 4
50.377
14,925 38,023
29,655 27,734
BalAshAt M y * © r .------ . . . . . . . .
414
170
2,861
300
6,G7i
7,252
My*©** W c*t At W vn$uui.......... 5,225
10.349
6,100
3,870
CoroenADrtol................................. 8.100
1 2 /0 0
0,296
..................... .....................
M y s o r e R o o f* . . . . . .
2.852
613
1,973
1,073
205 ...........
Y errnkonOA......... ........................
..
.
..
......
84
273
......
Nitt« K # * fi................... .......
. 2.440
22 4
02
1 /9 0
.........................
M ysore G old Field* . a ........... 2.*88
1.798
320
..............
........

415 230 389,779 321.878 £50114 209 010 307 020

SII>V K !l-P nO D trC TIO N OF THE WORLD.

Official results with regard to silver are not pro­
curable at this early date to nearly the same extent as
they are for gold. From such data as we have been able
thus far to obtain, it would seem that there has been
considerable increase in the output of the world’s
mines. The Director of the Mint informs us that he
estimates the yield of silver in the United States at
60,000,000 ounces, and here as well as with regard to
gold there is close accordance with Wells, Fargo & Co.,
who made the total (in commercial values) $35,081,36*5, which at 58 cents per ounce would be 60,485,113
ounces. These figures indicate au increase of a little
over 6jr millions as compared with 1897. Mexico is
also very nre to add to its 1897 figures. Our usual
statement of the production of silver each year, be­
ginning with 1871 and including an estimate for
1898, is aa follows :

T H E

2 5 8

S I L V E R . - W O R L D 'S PRODUCTION IS OUNCES AND STERLING.

Fine

United
States.
Ounces.

AH Other
Mexico. Australia. Countries.
Ounces.
Ounces. Ounces.

33.260.000
36,200,000
85,730,000
37,800,000
39,910,000

V a lu e s.

14,770,091
14,770,091
16,148,490
15,522,890
15,522,890

62,468,433
58,881,165
62,672,001
64,160,372
69,802,353

13,210,785
14,291,355
16,447,163
15,588,965
13.755,245

597,712
108,217
85,019
106,576
127,537
134,671

75,732,452
15,808,800
18,232,688
17,459,422
23,172,010
24,814,863

295,882,327
63,537,256
68,270,556
72,648,794
75,205,710
76,472,737

72,296,816
13,964,959
15.694,604
15,910,848
18,059,558
16,618,752

98,133.240

Total '76-'80.157 622,000

Total.
Ounces.

151,583
94,619
117,531
130,199
103,480

98,289,915
17,611,239
19,169,869
20,122,796
20,856,133
21,173,203

Total 71-'75.121.282,248
1876 ............... 30,009,000
1877 ................ 30.783,000
1 8 7 8 ............. 34,960,000
1879 ........... 31,550,000
1880 ............ 30,320,000
1881 ............
1882 ............
1883 ..............
1884 ...............
1885 ............

562 020

23.685,215
23,762,183
23,958,630
25,879,046
26,919,511

97,016
64,655
118,012
145,644
839,749

Total ’81-’85.182,900,000 124,002.584
1886 ...............
1887 ...............
1888 ...............
1889 ............
1890 ...........

Total

19,657,083
19,657,983
19,657,983
19,657,983
19,657,983

Ounces.
1871 ............ 17,888,778
1872 .............. 22,358,472
1873 ............ 27,650,000
1874 ............... 28,849,000
1875 ............ 24,518,000

£+

99,517 793 356 135,053 78 178 711
24,226,650
27,592,415
29,5-19,548
22,503,631
25,779,655

81,268,961
87,619,253
89,362,190
86,218,220
93,448,915

17,502,469
18,847,378
18,824,459
18.186,656
18,933,140

1,283,156 129,741,799 437,907,539 92,294,082

39,440,000
41,280,000
45,780,000
50,000,000
54.500,000

27,637,342 1,053,963
28,017,287 3,184,930
28,262,071 6,481,874
32,979,770 9,150,235
33,623,049 11,277,603

27,379,873
25,653,312
27,173,470
32,069,774
32,027,692

95,511,178
98,116,529
107,696,915
124,199,779
132,028,344

Tolal •86-’90.2S0.880.000
1891 ........... 58,330,000
892 .............. 63,500,000
1893 .............. 60,000,000
1894 .............. 49,500,000
1895 .............. 65,736,945

150,519.51931148 105
35,719,23710,000,000
39,601,80013,439,011
44,370,71720,501.497
47,038,38118,073,440
48,962,78812,507,335

144 901131
33,916.175
36,496,175
41,228,063
53,140,696
53,983,231

557.551,745 103.863,440
137,965,412 25,900,276
152,939,986 25,370,518
166,100,277 24,656,510
167,752,617 20.226,410
169,180,249 21,059,416

Tolal •91-'95.287,056,945

213,595,87374 521. .83 218,761,340 793,938,441 117,212,125

1898 .............. 58,834,80 1
1897
53,860,000
I “98 (est.)... 60,000,000

45.646,42415,160,077
13,903,18015,951,f46
55,000,00015,000,000

18,057,682
18,243,356
19,239,605
22,089,141
26,233,757

45,459,586 165,100,887 20,98t,571
69,391,364 183,096,090 2',027,441
60,000,000 190,000,000 21,325,522

t Values of silver in this table are commercial values and are com­
puted on the average price each year of silver as given by Messrs.
Pliley A Abell. London. Value of £ in this table $4'8665.
■

The figures in the above table for 1898 are of course
estimated and incomplete. For 1897 the total pro­
duction will be seen to be fully 183 million ounces.
R A IL R O A D GROSS E A R N IN G S FOR
JANUARY.
Returns of railroad gross earnings, speaking of them
collectively, continue highly satisfactory. ' We are
now comparing with heavily improved results in the
previous year, and this necessarily leads to more or
less irregularity in the ease of the returns of the sep­
arate roads. But in the aggregate the totals keep
steadily rising, and in addition to the marked expan­
sion last year we have further increases this year.
We present to-day our compilation for the month of
January, and it discloses both the features referred to,
namely irregularity as between the exhibits of the diffferent roads and marked tendency toward con­
tinuous expansion for the roads as a whole,
notwithstanding that fact.
Altogether 123 roads
have contributed returns. Of these, 85 have en­
larged their earnings as compared with the same
month last year while 38 have suffered a redaction.
With two exceptions the losses are not large, and the
result is that for the whole 123 roads our statement
records a gain of *3,942,463, or 7T0 per cent
Con­
sidering that January is usually a period of light
traffic, such a considerable addition to the revenues of
the roads must be regarded as very encouraging and
as reflecting the presence of many favorable condi­
tions. Moreover, it mast he remembered that this
gain of *2,942,463 in 1898 follows a gain of no les3
than *6,043,668 or 16'56 per cent last year. The fol­
lowing is the January record for a series of years.
Mileage.
Year
Given.

January.
1896 (182 roads)......
1896 (181 roads)......
1897 (129 roads).......
1898 (130 roads)......
1899 ''2 3 roads)..

Year
Precedino

Mile*.

Mile*.

101,054
98,822
95.271
100,071
97.859

100,739
93.293
94.708
99,082
96.670

Earnings.
Year
Given.

Year
Preceding.

$

1
30.897,292
33,964,011
37,520.730
36,433.516
‘ 41,417,800

.36,871,674
37.086.489
34,977,029
42,527.184
44,360,263

[VOL. L X Y ffl.

C H R O N IC L E .

Increase
or
Decrease.

Dec.
Inc.
Dec.
In c.
Inc

$
25,018
3,732,448
2,543.101
6,043,668
2.942,163

There were some drawbacks to railroad operations
the present year which should not be overlooked We
are always prepared for soma interruptions to traffic
in January, arising out of unfavorable meteorological
conditions, such as snow and ice and severely cold
weather. In the more recent years the winter has
been comparatively open, so that there was but
little disturbance in that way.
The present year,
however, there was at least one section of the country
where adverse cveather proved an unsettling influfluence of large moment. We refer to the State of
Colorado. There they have had a series of snow-storms
without a parallel in severity aud extent. The effects
have been most serious. Trains got lost in the snow,
towns were cut off from supplies, threatening them
with starvation, mines were forced to close down,
much damage and loss to stock ranges occurred, and
snow slides were reported with alarming frequency.
The Denver & Rio Grande wa3 not a3 much affected
in that way as the other roads, like the Colorado &
Southern (old U. P. Denv. & Gulf), and this and the
general trade revival with the special activity in Colo­
rado will explain why that company has found it
possible to enlarge its revenues *86,300 despite the
severity of the winter.
In the South and Southwest bad weather wa3 also a
feature. Here heavy rains made the condition of the
country roads almost impassable, and interfered with
the free interchange of traffic. In part by reason
of that circumstance, in part by reason of the fact
that the cotton movement l-ast year in January had
been of extraordinary proportions, the movement of
the staple the present year fell off sharply. Thus at
the Southern outports the receipts for January
1899 were only 826.870 bales, which compares with
1,030,393 bales in 1898 but with 583,231 bales in 1897.
The shipments overland on the other hand were some­
what larger, being 323,563 bales for 1899 against
266,041 bales for 1898. The following is the port
movement in detail.
R B 0 E I P T 8 O P C O T TO N AT SO U T H E R N P O R T S IN J A N U A R Y , 1 8 3 9 , 1 8 9 8 >
1997, 1S96, 1895 AND 1891.

dalveston.............bales.
Texas City, Ac............
flew Orleans..................
Mobile............................
Florida...........................
Savannah.......................
Brunswick, Ac.......
Charleston.....................
Port Royal, Ac............
Wilmington....... ...........
Washington, A c ..........
florfolk..........................
West Point, Ac..............
Total........ .............

1899.
1898.
218,054 220,884
14,252 10,159
284,086 452,894
29,602 61.555
31,070 24,614
107,303 103.715
44,474 38,926
21,992 41,846
3,539
1,293
12,085 17,126
134
106
57,729 48,525
2,690
1,344
820,870 1,030,393

1894.
1896.
1895.
114,963 33,861 217,661 90,844
2,908
3,128
10,007 18.383
214,955 180,048 323,068 251.108
33,234 30,696 83,768 25,840
3,193
1,415
0,118
16,686
77,831 00.094 85,248 89,219
0.610
0,730 22.607
10,028
25,876 23,681 43,827 30,172
5.297
5.534
3,816 22,777
17,274 12,884 15,103 18,184
77
68
31
94
49,430 54.205 53,498 60,7*4
1,664 11.016 84,627 36,424
583.231 494,081 857,075 018,223
1897.

There were two favorable influences of large dimen­
sions, namely the activity of trade and the magni­
tude of the grain movement. The importance of the
first-mentioned cause a3 an agency in swelling the rev­
enues of the roads can hardly he over-estimated; for
trade revival is now wide-spread in character, extend­
ing even to the South, where the recent rise in the
price of cotton and the activity at the iron centres
have worked great changes in the outlook.
As regards the grain movement, ttiis wa3 of extra­
ordinary proportions. Last year the wheat receipts at
Western points for the four weeks ending Jan. 29 rose
from 5,807,546 bushels to 10,065,608 bushels ; this
year there was a further rise to 17,140,530 bushels. In
like manner the corn receipts rose, first from 9,926,277
bushels to 16,904,509 bushels,'and now to 23,729,730

T H E

CP k BRUABY 1 1 , 1889.J

C H E .O N K J L F ,

bushels. I i oats and. barley there has been some
falling off the present year, and in rye a small in­
crease. Taking the fire cereals together, the com ­
parison is 55,494,060 bushels for 1899, against 43,675,109 buihels for 1898 and 29,759,306 bushels for 1897.
With reference to this large farther increase in
1899, however, in the grain movement, one important
fact should be clearly borne in mind. It inured
mainly to the advantage of the roads in the North­
west, the expansion being found chiefly at Chicago,
Duluth and Minneapolis, though as far as wheat by
itself is concerned every one of the primary markets
recorded an increase. At several of the other grain
centres, and more particularly St. Louis, Kansas City
and Cleveland, there have been large losses, either in
corn or in corn and oats combined. We annex our
usual table showing the grain movement at the West
in detail.
u c a if - r s o r ru > o s

ass o u u

FUmr.
0 * U .)

isa v....................
IS07* ..................
M in u ift l ^ U ...................
IStr-i .................
*f . L o u U ....................

97. U .S
* io »*

015,300
545,943

SU*
90.91

a a oia o

jancart

Barley,
(frttsh.)

Oat*.
O a th .)

12.330,3M 8.430,4*5 1,841,060
7.364.081 7,035.005 LtSS »0-

2,700.745

ex is t.:

4.0-AS

w e e k s

C om ,
(tu sh .)

W hoat,

(frttalL)

0 7 ? / Iw
M l*

HiW....................
....................
LfG*.....................
C iith ttu l ~
w -u
...... ......
130*.....................

ro a r o c *

o n .tu

7
941,910

107.700
1SS. 7iO

70®, WO
S9.11J

iOSjBSO
107.800

48,*00
66,009

1.7*9,5?2
I.W4.8S7

115.730
335.5S0
87.45^
187,0*0
........ .

3-1.28 J
13.516

14105
IS.fiiO

WW1
151J51A

114001
134.787
572,78 (

*M M

1T&J7S
172.7IW

n w i

353/3
*04 US

........

* 2.400
80.300

l. 447.7SO
LI17.A50

4*7.410
591.000

IS*.76/
201,300

*,704/71

50*7,*Af
348,350

654,04*
604*45

i«a.a r
40,Wc

20,700

L*W ...... .
U0B. ................

........

V7J&0

lX ftM i

M inntayaU o-

U M ................ .
1*9*.....................
K

1&J9M

C ity—

I2**i_______ ...
13W ........... .

..........

TMiti O f All —
l&TJ....................

&;4«7^WO

308.400 1,110.590

. . . . ..

0* 3 . 10*

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

i,*».7 oo
730.000

414570
23,-.8 dO

a.^ ,3 7 0

3*X) 1«3
iW /5 4

r ia —

j?i«

Ibtuk.)

7*7.fi>
*1-4.45*
* 0 7 /Oo 1.083.000

54«4S
147.0*i

U N ...... ..............
L
Jly

28.

187.00-

714740
UI44400

804000

*.........*

17.UO, .-> I \ 719.73* 11,113.11**
•
7*0.*49 tauMMoB l6.W H.t09 ii.-m .460 4004400

31, w t
73.060

WhAHt-bush.
.
0 «t* .. b asn.
B y o .. .basil.
Ofti’]«y.ba*R.

Oorn .

402(004
13Jl 14101
7,044301
444820
1.482.450

1.000314
1
7,883.506
241.950

1807.
604.43*
4JI1O.908
0^12.202
106^73
1,333^637

1300.
877,530
8.437/79
7.762.887
1.849,7 40

1803.
702 502
4,300,480
3.4*0.44*
128 204
1,043.0 L
6

In crea ses.

Okie. MU. A St. Paul...
New York Central.......
Great Northern System
W abssU.........................
Canadian Pacific..........
Southern Railway........
Mexican Central..........
IUlnois Central.............
Loul#v. A Nashville___
Mexican National........
Denver a Rio Gran-la.
Northern Paelflc.........
Chic. Great W estern...
St. Louie A San Fran...
Norfolk A Western.......
Burl. Ced. R. A N o___
Grand Trank System...

1804.
1,706,500
O.O0S.137
4,870,721
104,007
1,177,412

Total groin 25r*m .ctn 18,740,086 12,815.817
0.764,041 17.050,63*
707.074
f l o o r ., bbl*.
812.020
188, J3'
167.183
402,970
MB W
10
F o r t, -bbis
1(K
357
1,435
032
200
Oatrn't-Ub*. •d, m j m 10,340,797 U.t*«,365 17,080,780 14,407.072 10,087,612
Lord. ,..lb*.
8,206,044 6,408^79 0,5 H ;786 7.70L701
7.191.383 0,141.130
846.270
t*T« bog* No
757,245
783,004
787.381
707,002
878.116

One other favoring influence in thesituationdeserves
not to be overlooked. We refer to the maintenance
of rates. Ail accounts agree in saying that, east of
Ctiicago at least, tariff schedules have not b eei so
faithfully observed and adhered to in years as they
have since the beginning of 1899.

G i t OSS

is

$589,111
227,244
212,679
196,735
191,628
176,995
146,235
117,429
38,447
86,577
86
35,314
74,547
72,432
59,956
50,142
39,949

earnings i s

J A N I i A U V.

In crea ses.

Chic. A East Illinois...
_
Dal. So. shore A Atl_
Ohio. & West Mich.......
Kau. Oily Pitts. A Quit
Mobile A Ohio...............
Interoceanto (3 weeks).
Choc. Okla. A G ull.......
Iowa Central..................

$38,613
37,928
36,6*0
35.775
35,666
34,730
32,969
30,379

Total
(representing
29 roads)................ $2,784,560
D ecreaeee,
Clev. cm . Chic.A St. L ..
$58,376
Chesapeake A Ohio___
35,718
Total (representing
2 roads)................

$94,094

Y'ery naturally in view of the magnitude of the
grain movement in that section, the Northwestern
group of roads makes on the whole the best exhibit
of any. Only two or three of the smaller lines have
failed to share in the upward movement.
EARNINGS o r SOUTH WESTS ItIf AND NORTH PACIFIC GROUP.

January,

0 S i .l l

tU& ip U.

1800.

CHANCES

pr in cipa l

1800.

aarLG#d. R.9 So
;«QAdlAtt PMlBo.
10.000 CMC.Ot. W « l...
4W 0
CRI0.MILk SUP111.042 Ddlath 8.8.4 Atl.
} r«*t Northern..
190/73
!
C*atr»I....
M'nn-Jt 8t. Lout*
........
M. 94. P 4 8 .8 .*Nortfcera Pacific
*♦**♦ .. ft, Jo*, k Or. 1*1 .
fit P*al 4 Oqlutb
817,7V9 WUcouaia CeatT.

REOKirr* AT OHIO AGO DURING JAN tlAftf.

1890.

After the very heavy gains in earnings reported
in previous years, such numerous and strikingly large
increases by individual roads as were the feature
twelve to eighteen months ago are not now met with.
Yet there are some noteworthy gains, such as that of
8589,111 by the Milwaukee & St. Paul (following
8350,S47 the previous year), $387,244 by theNew York
Central, $312,679 by the Great Northern system,
$196 735 by the Wabash, etc. The following is a full
list of all losses and gains exceeding $30,000.

.......... .

Considering Chicago by itself and taking the figures
for the even month, the expansion which occurred is
made strikingly apparent. Of wheat, corn, oats, rye
and barley together, the deliveries at that point in
1899 were 25,808,602 bushels, against 18,742,685
bushels in 1898 and 12,815,817 bushels in 1897. At
the same time there was an increase also in the re­
ceipts of live hogs at Chicago, which for 1899 are
reported at 846,879 head, against 757,245 head in 1898
and 763,904 head in 1897. As to the latter, however,
it should be said it does not reflect the live-stock
movement as a whole, which fell below that of the
previous year, only 22,988 oar loads being brought in,
against 23,958 car-loads in 1898, 23,337 car-loads
in 1897 and 25,496 car-loads in 1896.

2 59

1808.

1897.

«
853.471
1,801,000
4(3,783
40S0.408
19406^*
46740*4
U .10#
M
1S4610
840.601
1.01L8OI
107.34
111,743
W N
10 097.TSS

t
S S.330
O
1.074873
309,230
4301.2*97
U4.128
1.8SS.416
133,720
140,512
260.865
1,630,64'
OS.iOf
48.396
362,186
8,700,

f
290,107
1,313,0f4
314X00
4010,450
07.633
i,on,us
1X4.032
127,477
184830
9548078^0*
00.737
270.205
0.89O.2O2

1800.

1806.

$
«
304700 270,711
1,474,708 1,171,030
354X5^ 247.4K*
2,320,04* 1,804,379
132.81** 118,650
1,1X9,481 881.938
167,472 110,688
U5.S7N 119,14?
210,081 102,056
1,103.9 2 1,017,81S
46.90.;
48,247
8470“
281,787 245,218
7.946.2*5 0.387,707

1804.
f
804101
1,390,755
260,803
2,154.882
108,976
837.187
119,057
128.403
087.886
07,444
00.159
..........

........

Southwestern roads, as we have already indicated,
have in many instances suffered from the bad weather.
Hence the further increase here has been light.
Much the same remark applies to the Southern group,
la the trunk line group the large gain by the
Wabash should not escape notice. The following table
will show how the leading roads (so far as we have
returns from them) and the leading groups compare
for the last six years.
EARNING* O k SOUTHWESTERN GROUP.

J-itauary.

W9Q.

1S98.

001. M40lAnJ
Den. * tilo (Jr
n . w .k D .c.
InUA Qt. No.
C.C.F.8.J* M.

Uo. K. k T «
Ho-P.Blr.Mt
E. Or. West
4u L. k 8- Fr
5t,I*. Soathw

P*x*a k P*c
a.p*c.D .*o.
TotAl........

135.500
717,300
31*6.36
t3 14.792
318,823
1,007,5 »
2*4,200
607/13
490,0^0
712.71
•323.290

1807.

1890.

1896.

9

f

9

9

1

us.ne
S31,00-1
114,04'*331,20?844,406
M 2*. 492
2.205,081
228,000

494.-^«
478.491
714/16
323,200

127/40
486,105
S3, 3*
1208.07*
357,001
050.651
1,934,800
175.70
415,040
300,780
016,400
*48.24

140,407
111.094
689,604
631,516
74,002
00,010
323.700
t270,00»
•d88.O
0W 361,740
053.001,010,0-P
1*800.671 1,707.138
100.259
145,763
463,21p
492,86*
454,401
439,250
000.492
050.9 0
240,882 238,004

1894.
9
13fl,070
660.008
90.440
201,057
403.704
719.048

1.85J.13P
141,809
461,737
805,810
003.794
218.445

7.W7.S47 7.0SS.S80 5.008,00-1 0,3*8.116' 8.021,.1-7 6,819,203
*J*QU*ryt 1609, oat rop jrtsd ; takoa Mtn j as la it year,
t f ) j n . i tt • •I ,.i -J 4 1 1ary. n u , a >: rdp >.*tdJ : t
»
JU-nd
year.
BARMINGS OF TRUNK LIMES.

January.

1890.
9
502,239
1,040.197
146,093

i. A 0 . 8.w
XaO.A8t,L
PeoJtKAH
J.T.of QBBs
1,050,281
Cb.BQ.T..
D.G.UJt.Vl
N.T.C. k H.. 3.036,050
▼abash.... 1,168,487
Total., ... 8.417.307

1898.

1807.

1
472.49.1
1,050.781
127,407
r 1,292,160
i 248,?»23
1,910,333
| 75,10P
8,407306 3,Q*i.848
835.069
041,762
8.010 «»* 7/00 409
1
605,053
1,098,687
147,010

1860.
9
460.817
1,102,200
154,790
1,327,852
207,909
72,044
8,433,114
07d,8o«

1895.

1894.

9
501,770
1,053,0U
132,967
1,259,109
100,00V
*
08,8lb
3,1*8,276
005.997

*
4P5.70O
040,212
112,610
1,358,248
230,320
71,768
3,135,325
905,168

7.243,275

7,256.309

T H E

260

[V ol. L X VIII,

C H R O N IC L E
Gross Earnings.

BARNINQB OF SOUTHERN GROUP.
Same o f Road.
1895.
1894.
1890.
1897.
1898.
*
8
«
1
$
1
135,174 124.097 132.530 127,000
Alabama Gt. So . 156,668 165,280
508,630 522,561 424,902 563,805
504,071) 522,093
Gant, of Georgia..
918,219 940,121 781,104 750,070
918.635 9? 4,353
Ghesap. a Onto.
203,282 273,502 270,20b 297.000
332,8*6
Ctn.N.O. ATex.P.
853,08
145,131
154.234 108,498 120,232
130,279 144,014
Georgia..............
92,711 113.788
115,474 115.50*
Kan.C.Mem.ABlr. a 125,702 a 131.8S2
Louisv. A Naahv. 1,896,130 1,837.093 1,002,510 1,083,537 1,002,102 1,054.010
322,795 299,922 270,099 293,841
Mobile A Ohio.
408,8 0 378,134
413,051 403,598 382,804 411,774
402,072
NMh.ChaLA 8t,L. *•401,07
8F2.070 075,58* 822,199 78-U54
Norfolk 9. West.b 1*40,142 * 880,1*0
c
\
Southern By... 1 2,029,025 1,852,030 <1,566,963 1,030,950 1,496,297 1,612,157
80.233 113,335
< 101,965 122,015
MemphisDlv. S
7,930,*07 7,632,1*08 6,974,303 7,314,337 0,407,347 0,751,820
Total.. ..
January.

1890.

a Figures hero for 18ftft ami ISO are simply tho totals of the earnings for th o
S
four weeks of tho month as reported In tho weekly returns; the month’s earn.Ings usually exceed tho weekly estimates quite considerably.
b Including Scioto Valley A New England and Shenandoah Valley for all the
years.
t Figures are approximate, same as for 139ft; actual earnings were larger.
•Month of January not reported; taken same as last year.
BARNrN08 OF MIDDLE AND MIDDLE WESTERN ROADS.
January.
Ann Arbor...........
Buff.Roch. A Pitt
Chicago A East 1 1
1.
Chic.Ind.A Louisv.
Chic.A West Mich.
Ool. H. V. & Tol..
Det.G. Rap. AWest.
Elgin Jol. & East..
Evansv.* Terre S3.
Flint A P. Marq....
Gr. Rap. & Ind.....
Illinois Central*...
Lake Erie A West.
Long Island........
Lou.Evans.A St.L.
N. Y. Ont. & West.
Plttab’g A West’n.
Tol. A Ohio Cent..
Tol. Peo. A West.
Tol. St. L. it K. C.
West. N. Y. A Pa..
Wheel. A L. Erie..
Total.....

1899

1898.

1896.

1897.

1895.

1894.

?
*
*
*
I
I
85,550
77,046
98,590
82.994
120,4*3 136,710
290,777 283.199 250,43- 255,914 238,208 218.714
395.088 350,475 338,389 861,422 333,957 304,183
241,302 222,381 195,605 233,419 210,4 99 174,976
a144,825 a 108,165 103.787 115,410 114.002 109,310
221,011 211,005 178,097 202,634 204,603 180,589
89,174
83,547
75,483
82,449
alOO.934 <193,419
70,971 107,342
80,092
94,177
137,705 114,011
98.300
95,456
85,251
74,732
85,179
98,503
241,348 234,440 2C2.4C3 229,133 176,041 177,138
221,284 198,012 170,409 201,356 172,168 179,460
2,394,149 2 276,720 1,898,262 1,920,629 1,717,767 1,603,332
252,661 302,117 269,289 234,008
274,429 275,72:
238,272 237,491 195,070 205,931 210,200 225,585
98,032 109.880 100,553 116,097
110,487 119,884
305,177 287,787 266,869 272,200 270,725 257,099
200,164 182,799 101,796 188,770 166,003 159,538
131,181 137,738 145,044 144,450 140,424 118,372
75,<92
71,204
80,495
80.812
79.671
72,4»5
153.273 146,574 103,143 155,535 110,443
91,374
250,300 226,956 205,994 199,178 217,217 209,948
118,490 122,948
75,838 100,580 101,359
89,037
6,481,000 6.144.730 6,313,087 5,659,868 5,160,202 4,859,795

t Includes the operations of the St. Louis Alton & Terre Haute for all the
years but, the Chesapeake Ohio A Southwestern and Ohio Valley and Chicago
& Texas for 1899 and 1898 only. Results on Yazoo Branch are not included
for 1899.
GRO88 EARNINGS AND MILEAGE IN JANUARY.
Gross Earnings.
Same o f Road.
1809.

1898.

Mileage.

Increase or
Decrease. 1899. 1898.

$
$
165.280
155,568
—9.712
310
310
126,483
136,710
—10,227
292
292
27,411
25.020
4-2,391
228
228
43,90 <
43,661
+217
278
278
502,259
505.053
-2 ,7 9 4
921
923
2,039
1,980
+59
22
22
283.199
290,777
336
+7,578
339
353.471
303,329
+50,142 1.136 1.136
1,864,000 1,672,372 +191,628 6,678 6.547
504.073
—18,625 1,524 1,524
522,698
9iS,635
954,353
—35,71* 1,360 1,360
395,08f»
356,475
+ 38,613
648
648
369,23b
+74,547
443,733
930
930
241,302
222,331
+18,971
535
535
2,950,408 2,361,297 +589,11 * 6,154 6,154
66,66 ^
—11,394
78,059
232
232
91,5*8
90,63c
+912
74
74
144.825
108.155
+36,670
581
581
123.958
+32,969
90,989
272
220
4,478
4,382
+96
42
42
353,681
+20,846
332,835
336
336
21,415
18,649
+2,766
111
111
67,827
67,7 73
+ 54
177
177
52,607
53,119
—53 2
260
156
1,04<',167 1.098,537
—58,37c 1,838 1,838
145.093
147,016
—1,923
352
352
127.018
129,018
—2.0001
192
192
135,50r
145,664
—10,164
3i6
346
224,011
211.6<5
+12,406
346
34r
56,147
68,683
—12.53 4
273
273
1,200
1,700
—50
22
22
717,300
631.000
+86,300 1,666 1,666
100.934
93,419
+7,515
451
451
152,05p
114.1 8 +37,928
588
588
137,765
114,611
+23,154
197
197
2^,674
23,762
+ 1,912
156
98,603
+3,047
95,456
167
241.348
234,146
+6,902
655
655
2<6,3» 0
185,621
+ 20.73:940
940
74,950
64,233
+ 10,717
455
455
42,669
38,791
+3,878
146
146
703
664
+39
U
11
130,279
144,041
-1 3 ,7 65
307
307
103,20 108,628
-5,424
458
45*
75,202
83.732
-9,5 .i0
285
285
174,492
153,-43
+20,749
432
432
36,338
32,537
+3,801
92
92
3.332
3.137
+195
26
26
7,122
8,595
+ 1,473
371
37
1.956,281 1,916,332
+39,919 4,036 4.036

Alabama Gfc.8outh’ n.
Ann Arbor.................
Atlanta Knoxv.ANo.
Atlantic A Danville.
Balt. A Ohio Southw.
Birm’haiu A Atlantio
Buff. Roch. A Pitteb..
Burl. Ced. R. & No...
Canadian Pacific......
Central of Georgia..
Chesaoeaae A Ohio..
Chic. A East. Illinois.
Ohio.Great Western.
Chio. Ind. & Louisv..
Chic. Mil. A 8t. Paul.
Chic. Peoria A 8t. L..
Chio. Term. Tr. RR..
Chio. A West Mich...
Choc. Okla. A Gulf...
Clin. Georg. & Ports..
Cin. N.O. & Tex. Pan
Cinn.Portsm’th A Va.
Clev. Akron A Ool....
Clev. Canton & S o ..
Clev. Cin.Ch.A8t. L..
Peoria & Eastern ..
Clev. Lorain A Wheel.
Colorado Midland
Ool. Hock. Val. ATol
Ool. Ban'kv. A Hock.
Colusa A Lake...........
Denv. A Rio Grande..
Det. Gr. Rap. A West..
Dal. 8o. Shore A Atl..
Elgin Joliet A East..
Evansv. A Indianap.
Evansv. A T. Haute.
Flint & Pere Marq...
Fla. Cent. A Penin...
Ft. Worth & D. City.*
Ft. Worth A Rio Gr..
Gadaden A Atl. Uu..
Georgia......................
Georgia A Alabama..
Ga. South. A Florida
Gr.Rapids A Indiana.
Ota. Rich. A Ft. W..
Traverse City. ...
Musk. Gr.R.A Ind..
Gr. Trunk of Can... )
Chic. A Gr.Tr’k.. \
Det.Gr.H av.AM .)
Gt. No.—8. P. M. A M 1,221,297 1,087,781
Eastern of MiDn..
177,16
104,948
Montana Central.
180,6+ , 173.683
Gulf Beanm’ t A K C
VO. 1551
10.014

+ 133,513 3,814
+ 72,219
172
+6,9 17
262
+ 10,141
65

1899.
*
Illinois Central.a. . 2,394.14£
Internat’l A Gt. N t.
314/79S
Interooeanio (Mex.i.
2ie,oo(
Iowa Central.......... .
164,10b
Iron Railway...........
4,05':
Kanawha A Mich..
48,fi0(
Kan.O. Ft. 8. A Mem
338,82;
125,702
Kail. C. Mem. A Bir.
Kan. City AN. W ....
26,942
21,654
Kan. ity A Omaha.
298,415
Kan.C.Pittsb. AGul:
Kan. City ttub. Belt
47,620
Keokuk A Western.*
32,798
Lake Erie A Western
274,429
Lehigh & Hud. Rn
43,460
233,272
Long Island R R ..
116,487
44,270
1,896,130
Macon ABirming'm.
5,322
6.879
Manistiane............. .
Mexican Central__ . 1,223,790
550,390
Mexican National..
258,800
Mexican Railway*.
38,180
158,516
240,591
Minn.St. P.A S.Bte.M
Mo. Kans, & Tex,ays. 1,007,529
2,120,551
90,377
34,580
408.800
Mobile A Ohio..........
3,635,050
N.Y.Cen.AHud.Riv.
N. Y. Ont. A W est...
305,177
Norfolk A Western..
946,142
North. Alabama Ry.
20,369
1,611,894
Northern Pacific....
Ohio River................
70.072
Ohio Southern......... .
75,25.8
Oregon RR. & Nav...
484,246
Peo. Deo. A Evansv.
71,337
Pitrtsb. Bess. A L. E ..
82,269
Pittsb. Lisb. A West.
3,138
_
Pittsb. A Western_
120,037
Pittsb. Clev. A Tol.
66,136
19,991
38,403
234,200
Sag. Tusc. A Huron..
9,417
8t. Jos. A Gr. Island..
107,340
8t L. Kennett A So..
6,946
8t. L. Chic. A St. P.
26,801
St. Louis & S. Fran..
567,316
St. Louis Southwes’n
499,600
8t. Paul A Duluth....
114,243
Santa Fe Pres.A Phx.
69,763
8her. Shrev. A South..
36,506
Southern Railway... 2,029.625
Texas Central*..........
25,255
Texas A Pacific........
712,712
Tol. A Ohio Central..
131.181
80,812
Tol. Peoria A Wests’ n.
Tol. St. L. A K. City .
153,273
Wabash...................
1,138,487
West. N. Y. a Penn..
250,300
Wheel. A Lake Erie..
113,496
Wisconsin Central.
358,262

1898.

Mileage.

Increase o
Decrease. 1898

«
s
2,276,72C +117,429 3,667
775
331,29 s
’
—16,503
181,27(
+34,730
53i
133,729
501
+30,371
20
3,498
+5 5S
42,457
172
+ 6,143
975
-7,6 4 2
346,465
276
131.882
—6.18C
174
30,906
—3,964
191
23,852
—2,198
262,64c
87C
+ 35,775
35.56C
+ 12,060
3-'
36,000
26:
—3,202
725
275,727
—1,298
29,077
90
+ 14,333
237,491
379
—4,219
372
119,884
—3,397
35,962
166
+8.308
1,807,683
+88.447 2,985
5,891
—572
97
10.640
—3,761
59
1,077,508 + 146,285 1,956
463,813
+86,577 1,219
32]
230,000
+28,800
41,218
227
—3,038
146.512
366
+ 12,004
259,98s
—19,391 1,195
1,024,492
—16.963 2,19'
2,098,419
+22,132 4,938
107,262
388
—16,885
149
43,033
—8,453
373,134
879
+3-*,666
3,407,806 +227,244 2,395
481
+ 17,390
287.787
886.186
+59,956 1,5H1
16,802
119
+3,467
1,526,520
+85,374 4,94
224
71,476
—1,404
62,323
266
+12,935
469,496
+ 14,750 1,005
33!
70.313
+ 1,024
63.056
228
+ 19.213
4,202
2
—1,064
100,384
206
+19,653
77
66,129
+7
16,287
53
+3,704
37,706
180
+757
228,090
582
+6,200
7,994
67
+ 1,423
95,107
251
+12,233
6,747
44
+199
28.183
in
—1,382
494,884
+72,432 1,282
478,494
+21,106 l,22i
98,255
244
+ 15,988
51,153
198
+ 18,610
31.181
+5,325
153
1,852,630 +176,995 5,259
22.90
+2,354
176
714.715
—2.003 1,499
137,733
—6,552
371
75,692
+5,120
248
146,574
+6,699
451
941,752 + 196,735 2,326
226,956
+23,344
642
122,940
247
—9.452
352,185
937
+6.077

1897.
3,808
775
531
509
20
172
975
276
174
194
814
32
260
725
90
375
372
166
2,986
97
59
1,956
1,219
321
227
366
1,197
2,198
4,938
389
147
685
2,391
480
1,579
1 16
4,754
226
265
1,065
331
183
28
206
77
53
180
550
67
251
44
111
1,162
1,223
244
198
153
5,255
176
1,499
371
248
451
2,055
642
247
937

44.360.263 41,417,800 +2,942,463 97,8591 96,670
t Earnings of Gal vest m Houston A Henderson are excluded for
both 1899 and 1898.
a Clies Ohio A Southwestern and Ohio Yalley roads are inoluded for
both years.
* For three weeks only.

ITEM S A 3 0 U T BANKS, BANKERS AND T R U S T C O ’S.
— W ith a v ie w to m in im ize as fa r as possible th e dan ger
o f defalcatio n s o f bank em ployes, one of the la rg e s t in stitu ­
tions in this c ity some years ago adopted a plan o f su p er­
vision and special exam in ation, w h ich plan has been fo u n d
to w o rk w ell, and, indeed, so e ffe ctiv e ly th at it has been
adopted by m any o ther b an k s, and its gen eral adoption w ou ld
seem to be desirable. In the bank in question dishonesty on
the p art of book-keepers or th eir collusion w ith lish o n e st
dealers is gu arded a g a in st by m on th ly tran sfers o f b o o k­
keepers. Pass books o f custom ers are d elivered to th e in ­
form ation clerk, w ho, a fte r the books are w ritte n u p , m akes
com parison o f the item s w ith those on th e bank led gers, thor­
ough ly in v e stig a tin g an y differen ces th a t m a y appear. A fte r
the m on th ly balances are taken off th e led gers, the led g er
keepers are n ot perm itted to foot them , th is d u ty bein g per­
form ed by another book keeper. I t w ou ld seem th a t oppor­
tunities fo r frau d u len t entries are m ade im possible under
this system . R eco gn izin g the fa ct th a t exam in ations of
banks b y com m ittees o f the board o f d irecto rs are, as a ru le,
superficial, and th a t exp ert exam inations b y cle rk s from
other banks are undesirable fo r m an y reasons, the bank r e ­
ferred to has a system
o f exam in ations con ducted
by its
ow n clerks, w h ich
system has
been found
en tirely
effective. A
com m ittee o f cle rk s,
selected
from
departm ents other
th an
th a t
w h ich
is
to
be exam ined, is appointed b y the cashier, and the chairm an
3,780 is in vested w ith fu ll au th o rity to ca rry out all details o f such
72
256 exam ination. A t 3 o’clock th e C hairm an and his com m ittee,
65 w ith as m any assistants as m ay be n ecessary, take posses-

F e b b u a r x 1 1 , 1899.]

T H E

C H R O N IC L E .

sion, without previous uotioe, of, for instance, the payingteller’s department, and proceeds to count the cash ; one
assistant going to the receiving teller's, one to the third
teller’s, one to the discount, and others to the book-keepers’
departments. The general book-keeper hands to the chair­
man a proof of the general ledger at the close o f business
that day. The examinations are thorough, and while they
are in progress the tellers and clerks o f the departments ex­
amined are not permitted to have unobserved access to the
books. The investigation is nsaally so far completed by the
next morning as to allow the business of the bank to pro­
gress as usual, and when the work is finished the results are
reported to the cashier. Oa a subsequent occasion the com­
mittee will he selected fro n among the clerks of departments
which have been previously examined, who will be instructed
to investigate other departments. It- will be seen by this
sketch that such examinations are likely to be thorough and
at the samB time they materially aid in acquainting clerks
with departments other than their own, and it gives them a
vaiuablel experience. Special compensation is given the
committee as an incentive to thorough work.
—Mr. Oliver H. Payne has rec ntly bought a large propor­
tion of the stock o f the Chase National Bank which was
owned by the late Jlr. Calvin S. Brice, and has been made a
director in the hank, filling the vacancy occasioned by the
death of Mr, Brice. Mr. Payne’s interests in the Standard
Oil and in other large railroad and financial corporations
render his association with the Chase National Bank as
director and stockholder highly advantageous to that
institution.
—Wall Street will enjoy an extra holiday this week. The
Governors o f the Stock Exchange have, at the request of
members, decided to close the Exchange from Friday after­
noon until Tuesday morning. Monday, Lincoln’s birthday,
will be a legal holiday, and in view o f the fact that the
clerical force of the banking and brokerage houses needed a
rest, it was deemed advisable to close the Exchange during
the whole o f Saturday.
— Mr, Jacob H. Schiff, of the well-known banking firm of
Kuhn, Loeb & Co , of this city, was on Tuesday last elected
one of the directors o f the City National Bank, Mr. Schiff's
firm is largely identified with important financial and rail­
road interests in this conntry, and it also has extensive Eu­
ropean connections. This fact alone makes t he election of
Mr. Schiff as a director of the City National Bank a valu­
able acquisition to that institution. Aside from his position
as a banker, however, Mr. Schiif is a prominent financier, is
o f high intellectual attainments, liberal in his life and views,
and of wide influence. The directorate of the City National
Bank now embraces a larger number of men of decided finan
cial ability, of wealth and of business position than any other
institution in the country, and Mr. Stillman, the President,
has good reason to be gratified with his success in securing
such valuable and influential coadjutors; the majority of
whom, it may be noted, are also comparatively young men.
Mr. Francis M. Bacon, of Bacon & Co., is the junior m em ­
ber of the firm, which is extensively engaged in the woolen
trade. Mr. Robert Bacon is of the firm of J . P. Morgan &
Co.; Mr. Charles 8. Fairchild, President of the New York
Secnrity & Trust C o„ is closely identified with the N. Y .
Life Insurance Company’s interests, o f which company Mr.
John A. McCall, also a director in the City Bank, is Presi­
dent; Mr. Henry O. Havemeyer is President o f the Ameri
can -Sugar Refining Co.; Mr. James H. Post, of B. H. Howell
Son & Co., is manager of the large sugar interests‘o f that
honse; Mr. M. Taylor Pyne and Mr. Stephen S. Palmer
President New Jersey Zinc Co., and Mr, Henry A. C. Taylor
represent the Moses Taylor Estate; Mr, William Rockefeller
is President of the .Standard Oil Co.; Messrs. William D.
Sloane, of W . Sl J. Sloane, andMr. H. Walter Webb represent
the Vanderbilt interests; Mr. Samuel Sloan, President of the
Del. Lack. & Western RR. Co., is Vice-President of the bank.
Other directors are Mr. Lawrence Tnmnre. of Lawrence
Turnure A Co.; Mr. Cleveland H. Dodre, of the old-establihed house of Phelps, Dodge & Co,, and Mr. John W.^Sterling, of the well-known law firm of Shearman tc Sterling.
—The directors of the Corn Exchange Bank hauwgiven their
approval to the proposed amendment to the articles o f asso­
ciation which authorizes an extension of tbs business and of
the powers of the carposation so as to iecltlde the opening
and keepiag o f one or mare branches Now that this-’ewien-

2 6 1

tial preliminary step has been taken, it is probable that the
negotiations for acquiring control of the Hudson River
Bank will be progressed and possibly control of the Astor
Place Bank may also be obtained. The idea will not be to
consolidate these acquisitions with the Corn Exchange
Bank, but to hold them as branches of that hank. Should
it become necessary to increase ths number of the
hoard of directors from fifteen, the present number, to
thirty, this action can be taken under the authority now
given by the stockholders. The fact that the Corn Exchange
Bank now clears for the Fulton Bank of Brooklyn as well
as for the Hudson River and the Astor Place banks, has
given some color to the rumor that the Fulton Bank will also
he made a branch of the Corn Exchange. But no negotia­
tions to this end have even been opened. Should the Corn Ex­
change Bank establish branches it will be the first institu­
tion in this city to avail itself o f the privilege granted by
Chapter 410 of the New York State Laws of 189S. Probably
when the next Congress comes to arrange a new currency
and hanking system, the power to establish branches will- he
granted to banks formed under it. The advocates for such a
privilege note the fact that quite a number of national banks,
with the minimum of $i0,0u0 capital permitted by the law
have advised the Cornptr ller o f the Currency from time to
time that the population and business of the towns in which
they were located did not justify that amount of capital, and
consequently they were compelled to liquidate as national
banks and reorganize under State laws.

IM P O R T S A X D E X P O R T S FOR DECEMBER.
The Bureau of Statistics at Washington last
week issued the statement of the country’s foreign
trade for December, and from it and from previous
statements we have prepared the folloiviug interesting
summaries. The tables are the same as those form­
erly given by us in our article on the financial -Situ­
ation.
Fosaioa T a x o B M o v s n K ir r o r

tub

U s it k u

btatks.

tke folJoerttuf fcetoie* tn rou alpha™ (OOO) are in all o
om itted.
— ------------ 1898.----------------- ,
----------------1897.------ -------- .
Export*. ln\V<rrt$.
B c«a.
Exports. I mportt.
herrhMUl*. *
t
*
1
%
i
Jin.-March. 8 1
1ovift* + 1 5 0 .*
w
186+4 S +74,112
26
ApriUfttmi, 305.4*7 160.7IW+1 4-i.*tyt
• 28.718 *265.863 -37.150
2
-f 0V0J4
Jult-Hript .. 2 17.7*7 14
•216.470 1 35.0*8 + 1 ‘20.522
.*V
■19.1*0 +411.705
+66.230
1 1 1.746
October. ... 1 I N *1
1•29.7*0
Noveffllwr.
A 2.100 4-77.074
1 1 6.672
*2, *55 +64,817
December.. 137+47
rt
3X321 + 8 3 U
123.054
51,500 +73,518
Total
1.099.709 7
1 .2 3 4 .0*3 #33.-3*5 + 0 4 f.too
+3S7.U4
Gold and Gold in Ore.
Jan. March,
i.m
1.370
3.218
43.9W -3H.01S
—1.818
April Juno.
3.015 +20.711
49.2*4 —17,4&d
July-Sopt.,.
U+Ji - 4
7.500
6.5$*
-2,71)3
1 0.388
i.if-o
October. -.
10. H
O
313
14+60
1 1.775 -1 1.482
pta
-4.012
W
tt
November,
5.*7*
3,052
—
2,355
-7.420
December..
678
8,640
•2.682
1JtiO
-2.004
Total.......
138.036 -1 4 1 3 4 1
UJ.U5
34.370
+250
31.9
^ Ilrcr and s tiv e r In O re.
Jan.-Marcb.
1 *2,IS?
+5.240
13**23
0.917
7,110
+6,700
April Juno.
5,079
7 .931
+6,403
1 4.332
+6,401
1 l.s 5
14,4^3
8+35
9.HH
+5 397
+5-618
<»ctob«r.....
3.225
3.2M
.1
1,J«1
4.413
+ 1 949
t.O'M
-+1.763
*2.270
3.»61
+ 1.830
November.,
December..
3,rt48
3+SW
3.10*
+2,729
2.700 +3,082
Total.....
58,061
53.797 49.030 +*34.707
33,082 +25.570
la

+ Bjccetaot a c o o r u

— K roeis o f Import*.

We subjoin the totals for merchandise, gold and
silver for the twelve months since January 1 for six
years.
Go l d .

M K U C H A VI) fH8
Ho*.

Import*.

f

1

Ex-css 1
Ex
of
E xv/rtt part*.
%

1898. 1,254,0 If 6 3 3 606 6 2 1 2 *
1897 1.009 705 742.606 357114
1 896. I.QC5.83: 681*410 3 2 4757
189*5 1 2 4.IW 801.009 •23.101
8
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.8 9 3 . 875.832 766.4*0 10

%

EXCUS
Im
of
port*. E x p o rt t

»

S il v e r .
1
E
E xIm ­ o fxcess
E x­
port*. j porta. ports.
*

$

f

16.105 15$,086 *141,843 53,707 29,030 •24.767
25B 5 8.801 33,082 25,579
34.370 34,020
58,257 104,731 *16,174 61,050 39,270 33,777
104.007 34.890 7 0.57J 54.211 24,978 29,838
101.839 2 1 ,85J 80,4*9 47,240 17.034 ■29,012
6 7 0 S 4 6.++! 27.706 18 592
7 9+81 73.281

• Kxcoffff o f import*.

Similar totals for the six months since July 1
make the following exhibit.
Mkrchawdiks ,

Hm.

1M9K.
1897
1896.
1895
1894.
1

BiLvmrt.
Excess
.
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ExImffjrsort* Imports. * * z r
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1
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%
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'
03 3 .*84 i3 # 7 ,i Oi 325080 9,M»j05,48e •35,470 ■ZB.to- \6,1556:13,0®
620122 9.18027.791 *18.814 80,50* 18.036 12.172
609,911 289.701'
361,125'31 1.924 250?01 15,»*0 78.780 •03.520 33.793 13,480] 18,307
437.99#; 4 10.000 27.920 6 9 ,*1B 7.581 <U.»37 30,270 13,082116,204
426.07a! 3 40 J70 s u . i * 3o.r<!» 9,508 z i j m 2 3.301 9,820jl3.541
*
I
187+^ 3 17.650 17O0*> onao II I J 80 •55.014 2 • "51 1 1 rtr'fll 74

’ Kroees o f Imports.

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- 5 9 ®8

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-6 1 %
61%
6 1 % -6 2 %
61%

1S63
1864
1865
1866
1867

53%
- 5 4 5 3 l 5 I6- 5 5 i 4
54%
49%
- 5 1 1 9 ia - 5 0 H
48%
52%
- 5 2 35 2
4
—
52^ *j« 5 1 %
51
- 5 1 % 1 i 4 - 5 2 78
5
52
5 H 3 i6 -5 2 % 2
5
- 5 2 l 16 1 1 %
5

October.

6 1 78
61

61%
61%
60%
61%

..
.
..
..
..

.

- 6 1 78
6 1 14
61%
6 1 % -6 1 5 Q
61%
-6 2

61%

61%
-6 2 %
-6 2 %
-6 1
-6 1 3 8

5 9 % -5 9 i5 ie 59»4
.. 5 8
-5 9 % 8 ia
5
.. 5 7 %
-5 7 %73s
3
.. 5 4 %
-5 6 % 3
5
.. 5 6 %
-5 8 % 6
5

ber

-6 1 %
61%
-6 1 %
6 0 7s
61%
- 6 1 7s

61%

..
6 1 % 6 1 3 0 - 6 1 78
;6 1 %
-6 2
6 1 34
.. 62
-6 2 %2
6
-6 2 is
. .1 6 1 . -6 1 % 1 ie - 6 1 1 4
6
. . 6 1 . - 6 1 %6 1 i a - 6 1 %

-6 0 %
-6 0 %
-6 0 %
-6 0 %
-6 0 %

Septem

78
61%

1 8 5 8 ..
1859
1 8 6 0 ..
1 8 6 1 ..
1 8 6 2 ..
..
..
..
..

.

P e n c e .

P e n c e .

58%
60
60
59%
- 6 O i0
60

1 8 3 8 ..
1 8 3 9 ..
1810 ...
1 8 4 1 ..
1 8 4 2 ..

uly

8
8
8
8
8

8
8
8
8
8

3
3
3
3
3

4
4
4
4
4

3
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6 1 7b
61%
60

-6 2 %
-6 1 %
-6 1 %
62%
61%
- 6 1 78

61%

- 6 1 t8
61%
61%
61%
-6 1 %
62
-6 2 %

61%
61%
6 1 5 .6
6 1 5 .6
61%

....1
....1
....1
....1
....1

5
5
5
5
5

3
4
5
6
7

-6 1 %
-6 2
-6 1 %
-6 0 %
- 6 1 78

61%

-6 1 %
62
61%
-6 1 %
6 0 78 - 6 1 %
617e -6 2 %

61%

-6 1 %
62
61%
-6 1 %
61
-6 lH
6 1 % -6 1 %

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

....1 8 5
....1 8 5
....I 8 6
....1 8 6
....1 8 6

8
9
0
1
2

61%
6 0 7s
61%
6 0 78
60%

-6 1 3-1
-6 1 %
-6 1 3 1
-6 1
-6 0 %

61%

-6 1 %
61%
6 1 9 . 6 — 1 78
6
6 0 % - 6 0 7a
6 0 % -6 0 %

61%
61%
6 1 1 .6
61%
6 0 9 .6

....I 8 6 0
....1 8 6 4
....1 8 6 5
...,1 8 6 b
....1 8 6 7

o
p
O

60%

-6 1 %
-6 1 %
-6 1 %
-6 1
-6 0 %

60%
60%
60%
60%
60

-6 0 %
-6 0 %
-6 0 %
-6 0 %
-6 0 %

60%
60%
60%
60%
59%

-6 0 %
-6 0 %
-6 0 %
-6 1
-5 9 3 ,

6 0 -%
60%
60%
60%
59%

- 6 0 7s
-6 0 %
-6 0 %
-6 1 7 8
-5 9 %

61%
6 0 7 .6
6 0 9 .0
60%
6 0 5 .6

....1 8 6 8
....1 8 6 9
....1 8 7 0
....1 8 7 1
....1 8 7 2

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58%
57%
56%
52
54%

-5 9
-5 7 1 3 ,6
-5 7 %
-5 3 %
-5 5 %

5 7 7a
57%
56%
53%
54

-5 8 %
-5 8 %
-5 6 1 5 „,
-5 5
-5 5

58
57%
56%
55%
53%

-5 8 1 ,0
-5 7 %
-5 6 %
-5 8 %
-5 4 %

59%
5 8 5 .6
5 6 78
52%
5 4 1 3 .6

....1
....1
....1
....1
....1

-5 0 3 4
-5 3 %
- 5 1 78
-5 2
-5 1 %

19%
52%
51%
51%
50

-5 0 1 1 ,8
-5 3
-5 2
-5 2
- 5 0 7g

5 2 9 .6
51%
52%
5 1 1 1 .6
515

....1 8 7 8
....1 8 7 9
....1 8 8 0
....1 8 8 1
....1 8 8 2

50%
- 5 0 1 5 1()
4 9 1 1 ,6 -5 0 7 ,6
4 7 5 .6 - 4 7 %
47
- 4 5 7b
4 3 1 5 ,0 -4 3 %

50%
49%
4 6 7a
46%
45%

-5 1
- 4 9 7g
-4 7 %
-4 5
-4 3 1 3 ,6

5 0 9 .6
50%
48%
45%
44%

....1
....1
....1
....1
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6 0 78

49%
-5 1 9 ,0 5 0 %
-5 3 %
53
5 1 1 3 .6 5 2 55 1 %
,6
5
5 1 1 3 .6 5 2 % 1 78
51%
- 5 1 1 5 , 6 5 0 78
5 1 9 .0

8
8
8
8
8

8
8
8
8
8

7
7
7
7
7

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4
5
6
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5 0 7a
5 0 7 .0
47%
4 5 7s
44%

-5 1
- 5 0 78
-4 7 %
-4 4 %
-4 3 1 3 ,

43%
43%
51%
45
39%

- 4 2 78
-4 2 %
-4 8 %
-4 4 % 6
-3 8 %

43%
44%
48%
4 4 1 .6
39%

- 4 2 7s
-4 3 %
-4 5
-4 3 %
- 3 8 34

4 2 7e
44%
49%
44%
3 9 3 .6

-4 2 5 ,6
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-4 7 %
-4 3 %
- 3 7 1 5 U,

4 2 78
4 2 l l 10

....1 8 8 8
.,..1 8 8 9

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1891
....1 8 9 2

34%
2 9 9 .0
31%
3 0 5 ,6
27%

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-2 8 1 5 ,6
-3 (1 %
-2 9 %
-2 5 9 ,e

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2 9 5 .6
31
3 0 3 .6
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-2 8 %
-3 0 %
-2 9 %
-2 6 %

32516 - 3 1 %
28%
-2 7 8 ,6
3 0 ' i ,0 -3 0
30
-2 9 1 3 ,.
27%
-2 5 1 5 ,f

35%
2 8 1 5 .6
2978
30%
279,

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....1 8 9 4
...1 8 9 5
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2 8 5 .6 - 2 7 %

27%

2 6 1 5 ,g

....1 6 9 8

2 8 5 .6 - 2 7 l l , 6 2 8 %

6

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T H E

F e b b c a b y 11, is t 9 . i

IM PO R TS A N D E X P O R T S OF GOLD
S IL V E R A T S A N FRANCISCO.
T h r o u g h th e c o u r t e s y o f t h e C o l l e c t o r o f
F r a n c is c o w e h a v e r e c e iv e d

263

C H R O N IC L E .

AND

B u lg a r ia th r e a te n s t o g e t o u t o f h a r d a n d is v e r y e a g e r to
m a k e h e r s e lf m is tr e s s o f th e P r o v in c e .
th e C z a r , a s h is p e a c e

O n th e o th e r h a n d

p r o p o s a ls p r o v e , is v e r y a n x io u s t o

C u s t o m s a t S an

p r e v e n t w a r , a n d i t is u n d e r s t o o d t h a t h e is m a k in g i t k n o w n

t h is w e e k t h e d e t a ils o f i m p o r t s

a t t h e C o u r ts o f t h e d iffe r e n t B a lk a n p r in c e s th a t h e w il
v ie w w it h g r e a t d is p le a s u r e a n y a t t e m p t t o d is t u r b o r d e r .

a n d e x p o r t s o f g o l d a n d s ilv e r t h r o u g h t h a t p o r t f o r th e
m o n t h o f D e c e m b e r , a n d t h e y a r e g i v e n b e l o w in c o n ­

M o r e o v e r th e S u lta n h a s ta k e n a la r m a n d i t is s a id t h a t h e is

ju n c t i o n w i t h th e fig u r e s f o r p r e c e d in g m o n t h s , th u s c o m ­

m a k in g a c t i v e m ilit a r y p r e p a r a tio n s .

p le t in g th e r e s u lts f o r t h e c a le n d a r y e a r 1893.

b e lie v e d th a t t h e in flu e n c e o f R u s s ia a n d A u s t r a , b a c k e d b y

o f g o l d h a v e b e e n h e a v ie r t h a n

in

T h e im p o r t s

a n y p r e c e d in g

m o n th o f

th e y e a r , t h e a m o u n t r e c e i v e d r e a c h in g $5,0-14,663, o f w h i c h
$4,999,881 w a s in c o in .
w h ic h

$169,515

w as

O f s i l v e r t h e r e c a m e in $301,761, o f

b u ll io n .

D a r in g

th e t w e l v e

m o n th s

U p o n th e w h o l e i t is

th e m e n a c e s o f t h e S u lta n , w i l l s u ffic e to w a r d o f f tr o u b le .
T h e b e t t e r f e e lin g in F r a n c e

a n d th e e a s ie r m o n e y m a r k e t

in G e r m a n y a r e a c t in g p o w e r f u l l y u p o n th e S t o c k E x c h a n g e s .
T h e A m e r ic a n d e p a r t m e n t is m a in ly r e g u la t e d b y t h e A m e r ­

th e r e h a s b e e n r e c e iv e d a t o t a l o f $35,683,068 g o l d a n d $ 1 ,8 0 7 ,731 s ilv e r , w h i c h c o m p a r e s w it h $11,608,012 g o l d a n d $2 ,17 4 ,-

ic a n S t o c k E x c h a n g e s .

T h e r e is , n o d o u b t , a la r g e B r it is h

in t e r e s t in t h e m a r k e t ,

b u t i t is n o t p o w e r f u l

289 s ilv e r in 1897.

in flu e n c e p r ic e s v e r y m a c b , a n d

T h e s h ip m e n ts o f g o l d d a r i n g D e c e m b e r

enough

to

t h e r e fo r e t h e y m o v e i n a c ­

w e r e o n l y $9,265, a ll c o in ,

a n d th e e x p o r t s o f s ilv e r h a v e c o r d a n c e w it h th e m o v e m e n t s in W a ll S t r e e t; b u t in th e m in b e e n $786,175, o f w h i c h $167,575 c o in .
F o r t h e t w e lv » i p g d e p a r tm e n t s h a re s a r e g o v e r n e d m o r e b y th e o p e r a t io n s
m o n th s th e e x p o r t s o f g o l d h a v e r e a c h e d $811,626, a g a in s 1 in L o n d o n a n d P a r is . P a r is , s in c e t h e n o t io n t h a t t h is c o u n ­
$1,280,398 in 1897, a n d $5,216,609 s ilv e r h a s b e e n Bent o n t ’ tr y w is h e s t o fo r c e F r a n c e in t o w a r h a s b e e n d is s ip a t e d , is
a g a in s t $11,158,708 in 1897.

T h e e x h ib it

fo r D e ce m b e r and

IM P O S T S O P G O L D AN D S IL V E R A T S ftS VRANC1SO O .

GOLD.
Coin,
Janaary...
February..

Total.

C o in .

9

$

9 2 1 ,* 6 7
3 5 .5 6 2
8 3 5 .9 0 5
2 .2 2 1 ,6 6 0 ) 3 9 1 .7 5 7 ;2 , 6 1 3 ,4 1 7
M arch.,... 1 , 5 1 2 . 0 5 5 ! 1 3 7 , 9 4 4 ! 1, 6 * 9 , 9 9 9
A p r il...... 2 , 6 j 1 1 9 , 2 5 3 3, , 0 6 7 . 1 3 9
May.......... 2 , 9 4 9 , 0 5 2 7 6 . 4 5 3 3 , , 0 2 5 , 5 0 *
June. . . . . . 2 .1 3 7 , 7 6 1 * 4 7 , 7 2 4 2,, 8 8 5 . 4 8 5
Jalr - ....... 1 , 9 0 3 , 6 2 * 1 3 6 , 1 0 7 2,, 0 3 9 . 7 3 5
Aagioit---- 2 . 1 6 7 . 1 5 9 1 0 0 , 5 7 8 2 , . 2 6 7 , 7 3 7
September , 3 , 7 2 0 . 4 3 4 8 5 , 5 4 1 3 , 8 0 5 , 9 3 5
October...; 4 , 2 3 5 . 1 5 s * 2 8 , 3 2 3 4 .esS.iSl
3 , 5 9 7 . 7 9 0 1 0 2 , 6 7 1 3 , 7 0 0 ,* B 4
N • -:.ii
"
December. 4 , 9 9 9 , 6 9 1 * * , ' 8 2 5,, 0 * 4 , 6 6 3

Tot. 12

m o . 3 3 2 7 93891

■xroKTS o r

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

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

Ooin.

$
1 0 3 ,2 1 1
1 3 6 .3 4 5
1 9 0 ,5 3 0
1 5 0 ,0 3 4
1 1 1 ,9 2 9
1 0 6 ,1 3 0
8 3 ,z ift
5 7 ,7 0 0
2 3 7 .4 2 0
1 8 3 .8 2 5
1 4 5 /3 1
£ 0 1 ,7 0 1

1898.
Janaary ..
February..
March.......
April___ _
* » / . - ........
Jaly..........
Anguet—
September
O ctober..
No vera her.
December.
to t, 12 mo*

9
500

9
13.630
78,865
3,650
10,995
81,162
27.205
163,*70
8,003
6<V>0
108,770
236,725
9,265
807,426

CULVER.
Total.

;;;;
1,600
....
2.U 0
4,200

Ooin.

9
14.130
78,865'
3.656
10,995
81,162
27,205
168.470
- ' 62,280
108.77c
238.82?
0,26,*

*
254.718
68.916
24,504
15,348
121,380
165,9 40
612,980
109,771
401.H60
1*3.030
151,173
467,575

Bullion.
$
334,6Oil
381,600
3*3.100
294.3*4
528,33*
166,000
60,600
193,000
38,00c
......

318,6C
<

811.626 2.538,031 2,678,574

N ot

R h odesian*, a n d th e r e is a c e r t a in a m o u n t o f in te r e s t lik e w is e

Total.

3 5 5 .3 6 * 1 ,4 5 2 ,3 6 7 1 ,8 0 7 ,7 3 1
t.tm.mn1 3 5 6 9 5 0 6 6
uro eleven r a o * saw m t r u o o .

Bull'

T h e B r it is h

v e r y m u c h la r g e r .

o n ly a re th e T r a n s v a a l m in e s in r e q u e s t b u t s o a ls o a r e th e

mud

Q
*JLX
t.
M
ONTHS.

Bullion.

*

1

T h is b u y in g

b u y in g is m o r e in d is c r im in a t e a n d

S IL V E R ,

Bullion

$

1898

b u y in g g o l d sh a res u p o n a c o n s id e r a b le s c a le .
is c o n fin e d t o s o u n d d iv id e n d - p a y in g s e c u r it ie s .

t h e t w e lv e m o n t h s is a s f o l l o w s :

in th e W e s t A u s t r a lia n

a n d in

th e C a n a d ia n .

f a r h as o f c o u r s e b e e n v e r y m u c h
1895; b u t in s e v e r a l c a se s p r ic e s
v e r y m a n y are n o t v e r y m u c h
h e ig h t o f th e g o ld b o o m .
v e s t m e n t in B r it is h

T h e r is e s o

less s e n s a tio n a l th a n

in

a r e a c t u a lly h ig h e r a n d in

lo w e r th a n t h e y w e r e in th e

T h e r e is a ls o a g o o d

d ea l o f in ­

r a ilw a y s t o c k s , in in d u s t r ia l s e c u r itie s

a n d ii. S o u th A m e r ic a n as w e ll as C o lo n ia l s e c u r itie s .
T h e a c t i v it y o f

tr a d e in c r e a s e s e v e r y w e e k .

N ew

ord ers

a r e b e in g p la c e d h e r e in a lm o s t e v e r y in d u s t r y , a n d e v e n th e
w o o le n t r a d e , w h i c h s u ffe r e d c o n s id e r a b ly f r o m th e D in g le y
T a r iff, is n o w b e c o m in g e x c e e d in g ly p r o s p e r o u s . A t th e w o o l
s a le s g o iD g o n in L o n d o n th is w e e k p r ic e s a r e f n l l y 10 p e r
c e n t h ig h e r th a n a t t h e la st sa les, a n d th e b u y in g ia m a in ly f o r

Total.

Y o r k s h ir e .

T h e r e is v e r y lit t le A m e r ic a n b u y in g , a n d o n ly a

«
f a i r a m o u n t o f C o n tin e n t a l b u y in g ; b a t it is s a id t h a t A m e r ­
589,318
449,946 ic a n o r d e r s h a v e b e e n p la c e d o n a v e r y c o n s id e r a b le s c a le
367,60*
310,192 w ith m a n u fa c t u r e r s in Y o ik s h ir e . In th e ir o n a n d ste e l tr a d e
851.214 th e a c t i v it y is s o g r e a t t h a t a g o o d d e a l o f a p p r e h e n s io n is
165,948
778,960 f e lt as t o h o w s u ffic ie n t p ig -ir o n is t o b e pr< c o r e d . A n d in
170,371
594,660 th e o t h e r m e ta l in d u s t r ie s lik e w is e t h e r e is v e r y g r e a t
201.030 a c t iv it y .
151,173
11 is w o r t h y o f n o te t h a t th e b u s in e s s o f S ir L o w t h ia n B e l l
786,175
*.218.60.#

is b e in g c o n v e r t e d
m a in ly b e c a u s e

p lo iic t a x n j1 © o m t a c v c ia l^ u g n s lt g .c u )B ‘

an

th is w e e k
in v e n t io n

in t o a L im it e d L ia b ilit y
has

b een

p e r fe c t e d

C o .,

w h ic h

e n a b le s o r d in a r y C le v e la n d ir o n t o b e tu r n e d in t o s te e l, a n d
it w o u ld a p p e a r th a t th e c o n v e r s io n is f o r th e p u r p o s e o f p r o ­

[From oar own correspondent, j

v id in g fu n d s f o r a p p ly in g th is in v e n t io n u p o n a la r g e s c a le .

D o 3 DON, S a t u r d a y , J a n u a r y 28, 1899,

T h e D ir e c t o r s o f th e B a n k o f E u g la n d m a d e n o c h a n g e in

T h e b e t t e r f e e lin g w h i c h s p r a n g u p a b o u t a f o r t n i g h t a g o
is b e in g s tr e n g t h e n e d , a n d b u s in e s s o f e v e r y k in d is d e c id e d ly
im p r o v in g .

At

She b e g in n in g

of

t h e w e e k th e r e w a s a

th e r a te o f d is c o u n t th is w e e k a n d n e ith e r h a s a n y a lt e r a t io n
b e e n m a d e b y th e b a n k s o f G e r m a n y o r F r a n c e . T h e B a n k

n o ta b le d is c u s s io n in th e F r e n c h C h a m b e r o f D e p u t ie s o n th e

o f E n g la n d o u g h t v e r y s o o n n o w t o g e t c o m p le t e c o n t r o l o f
th e o u ts id e m a r k e t , a n d o u g h t th e r e fo r e to b e a b le t o m a k e

le la t ie n s b e t w e e n th is c o u n t r y a n d F r a n c e , a n d in a ll p a r t s o f

it* o w n r a t e e f fe c t iv e u n til a b o u t th e m id d le o f M a r c h , b e ­

th e B o u s e a d e sire

c a u s e in th e in t e r v a l th e c o lle c t io n o f th e r e v e n u e w ill b e o n

m a n ife s t .

f o r a n a m ic a b le s e tt le m e n t w a s m a d e

I t ia b e lie v e d th a t n e g o t ia t io n s a r e g o i n g o n , a n d

T h e t h r e e q u e s t io n s o f g r e a t e s t m o m e n t a r e t h o s e o f N e w ­
fo u n d la n d , M a d a g a s c a r a n d S ia m .

I t is n o t t h o u g h t p r o b

a b le th a t t h e E g y p t ia n q u e s t io n w i l l b e r a is e d in a n y o f its
fo r m s .

F r a n c e is n o t y e t p r e p a r e d f o r m a l l y

t o r e c o g n iz e

th e B r it is h p o s it io n o n t h e N ile , a n d o n the o t h e r h a n d s h e
d o e s n o t w is h

t o e m b it t e r th e r e la t io n s b e t w e e n

c o u n t r ie s b y m a k in g a f u t i l e o p p o s it io n .
fo u n d la n d t h e r e s e e m s t o b e a v e r y

th e t w o

R e s p e c t in g N e w ­

g e n e r a l in c lin a t io n

in

F r a n c e t o m e e t th e B r it is h d e m a n d s f o r a r e a s o n a b le c o n ­
s id e r a t io n . In r e fe r e n c e t o M a d a g a s c a r a n d S ia m i t is m o r e
d if f ic u l t , aa y e t a t a ll e v e n ts , t o f o r m a n y o p in io n as to
F r e n c h v ie w s .
In G e r m a n y th e fin a n c ia l c r is is is u n d o u b t e d ly d e m in is h in g .

And

in A u s t r ia H u n g a r y th e r e a r e h o p e s t h a t s o m e

k in d o f a n a r r a n g e m e n t w i l l b e a r r iv e d a t b e t w e e n th e t w o
h a lv e s o f th e D u a l M o n a r c h y .

T h e r e a r e th e u su a l r e p o r ts

o f an im p e n d in g r is in g in M a c e d o n ia a s s o o n a s th e s n o w s
m e lt.

a v e r y g r e a t s c a le .

B a t th e B a n k h a s s o m a n y c o m m it m e n t s

th a t it c a n h a r d ly a ffo r d

i t ia h o p e d th a t t h e y w i l l te r m in a te fa v o r a b ly .

E v e r y y e a r a t t h is s e a so n s u c h r e p o r t s a r e p u t in to

c ir c u la t i o n ,
B u t i t is a lle g e d t h a t th e r e is m u c h m o r e
s e r io u s d a n g e r o f t h e ir b e in g v e r ifie d t h is y e a r , in a s m u c h aa

to

a llo w

it s r e s e r v e t o b e d r a w n

u p o n s e r io u s ly , a n d t h e r e fo r e it is d e s ir a b le f o r t h e B a n k t o
k e e p u p it s r a te s o as n o t o n ly t o p r e v e n t w it h d r a w a ls b u t to
a t t r a c t th e m e t a l. I t is b e lie v e d th a t th e I m p e r ia l B a n k o f
G e r m a n y w ill lo w e r its r a t e t o 4 p e r c e n t , e it h e r n e x t w e e k o r
th e w e e k a ft e r .
A s h as b e e n fr e q u e n t ly o b s e r v e d in th is c o r r e s p o n d e n c e ,
th e B a n k c o n c e s s io n h a s t o b e r e n e w e d in th e p r e se n t se ssio n
o f th e G e r m a n P a r lia m e n t , a n d t h e B a n k is n a t u r a lly d e s ir ­
o u s o f d is a r m iilg o p p o s it io n , M o r e o v e r , a b o u t th e e n d o f n e x t
m o n th o r e a r ly in M a r c h , th e P r u s s ia n a n d th e G e r m a n g o v e r n m e n f s w ill b e a b o u t t o r a is e lo a n s , a n d th e B a n k is b o u n d ,
o f c o u r s e , t o f a c ilit a t e th e o p e r a t io n s . A p p a r e n t ly th e B a n k
is in a p o s it io n t o d o a ll th is , as m o n e y is n o w f lo w in g b a c k
in v e r y la r g e a m o u n t s . A c c o r d i n g t o t b e r e t u r n is s u e d o n
T h u r s d a y t h e a m o u n t o f n o te s in c ir c u la t io n has d e c r e a s e d
b y o v e r th r e e m illio n s s te r lin g . T h e p r e ss u re in th e m o n e y
m a r k e t is t h u s c o m i n g to a n e n d , a n d it is h o p e d t h a t i t w ill
n o t b e n e c e s e a r y to c h a r g e m o r e th a n 4 p e r c e n t a t le a s t u n t il
t b e Bummer, I t is p o s s ib le th a t t b e B a n k o f E n g la n d ra te
m a y b e p u t d o w n t o 3 p e r c e n t i f th e G e r m a n r a te g o e s to 4
p e r ce n t.
I f t h e r e is a r e d u c t io n in th e G e r m a n a n d th e
E n g lis h r a t e s th e g e n e r a l b e lie f in P a r is is t h a t t h e B a n k o f
F r a n c e w i l l p u t d o w n its o w n r a te t o 2 p e r c e n t . M e a n w h ile
m o n e y is v e r y a b u n d a n t in P a ris , a n d e v e n 3 p er c e n t is n o U
h ig h rate,*

T H E

264

T h e In d ia C o u n cil con tin u es to sell its drafts w o n d e rfu lly
w ell. A s j e t th ere is n o such strin gen cy as w as w itnessed
la st yea r and th e yea r b efore, m a in ly, n o d on b t, because
th ere is n eith er fam in e nor w ar, and con seq u en tly th e G o v ­
ern m en t is ab le to keep la rge balances in th e presidency banks.
B u t, as u su al at this tim e, th ere is fo r all th at a m arked rise
in rates. On W e d n e sd a y th e In d ia C ou n cil offered fo r tender
70 lacs and th e a p p lica tion s w ere f o r n early 1,090 lacs. T he
w h o le a m ou n t offered w a s sold at prices ra n g in g fro m Is.
4 3 33d. to Is. 4 i# d . per rupee.
S u b seq u en tly a v ery sm a ll
a m ou n t w a s sold by priva te co n tra ct at Is. 4J^d. per rupee.
The fo llo w in g re tu rn sh ow s th e p osition o f th e B a n k ol
E n g la n d , th e B ank ra te o f d is co u n t, th e prioe o f oon sols
& o,, oo m p a re d w ith th e la st th re e y ea rs:
1897.
1896.
1898.
J an . 27.
Jan. 29.
Jan. 28.
S.
£
*
£
Olrcnlatton................................... 28.4flO.4lO 26,610,335 25,631.880 26,286,050
9,788,993 10 58->,781
9,852.736 13,093,079
Public deposits...........................
43,224,325 t>2,307,405
Other deposits............................ 40 671,822 87,478.834
Government seourlties............. 13.387,036 14,023,036 14.2:66.117 14,682. *65
28,473,069 26,4 93,812
Other securities ......................... Ml.741.012 31.** 5,784
Reserve o f notes and co in ....... 23,022.361 22.753.401 28,274,232 39,828 *29
2,771 32,663,720 37,106,115 48.314,279
Coin A bullion, both departm’ts 32,«w
63%
03%
45%
44%
Prop, reserve to liabilities.p.ct.
3*
3
3%
8
Bank rate.................... p ercen t.
112 6-10
107 15-16
111%
112%
Consols, *294 per cen t.................
2913-100.
80*1 a.
27%d.
26 3-lfld.
Silver...........................................
Clearing-liouse returns........... 140,734.000 134,247,000 118.067,000 110,375.000
1889.

Jan. 25

The rates f o r m on ey have been as fo llo w s :

London.

Traae Bills.

Hank B lU .
s

3 Months.
Dec.
Jan.
•
•
•
•
*
•

Interest allow td
fo r deposit* b\j

Open M arket Rates.

i

81 4 3 l-lri&JJV*
64
m
2 9-10
u 4
20 3% a <^2 %
*2
<7
2%

4 Months

0 Months.

3

2H

m

2 U-10
2%
2%

2 0-16
2%
2*

Join t D is’t H ' } '

3 M os.

4 Mos. Banks CaU Dayt

3%
3
3

2*
2K
214
2

2%
28,
2
2

2

2

3%
3
3
w w m 2&©3
2W 3
< 1234 23f@S

2H
294
214
2)4
2)4

Messrs. P u le y and A b e ll w rite as fo llo w s under date o f
Jan. 2 6 :
Gold —There has been a comparatively small business during the
week, but the demands have sufficed to prevent purchases by the
Bank. The Bank has received £32,000 and sold £ L3,0d0. Arrivals:
West Indies, .£19,000: Australia, £124,009; Capetown, £L97,000;
Chili, £3,000. Total, £343,000. Shipments: Bombay, £3,000.
Silver.—Although there have been orders for the East, and for other
requirements, the sellers have somewhat predominated, resulting in
a gradual deoline to 273811. The Indian rate is Rs. 69% per 100 Tolahs.
Arrivals: New York: £261,000; Australia, £3,000; West Indies, £5,00 Chili, £24.000. Total. £293,000. Shipments: Bombay, £84,500;
Calcutta, £5,000. Total. £89.500.
Mexican Dollars.—
There is nothing new to report. Nearest price,
27d. nominal.
T h e Bank rate o f d isco u n t and open m a rk et rates at th
ch ie f C ontinental cities have been as fo llo w s :
J an . 20.

Jan. 27.
B a tes o f
in ter e s t at

Paris................
Berlin............
Hamburg . .
Frankfort. ..
Amsterdam ....
Brussels___ __
V ienna......
8t, Petersburg.
Madrid.........
C openhagen...

Jan. 13.

Bank
R a te .

Oven
Market

B ank
R ate.

O-pen
M arket

B a nk
R a te.

3
5
5
5

2 15-16
314

3
5
5
5

2%

2%
4
5
5%
5
5

2%
3%

3
6
6
6
2%
4
5
6%
5
6

2%
s%
5
6%
5
5

1
4
2%

3«
iH

6%
5
0

m

4
5%

6
5

Op*fj
M.arke

3
m
iH
2%
8H
iH
SH

6
5

Jan . 6.
B a nk
R a te

3
6
6
6
2%
4
5
6%
5
5

Oven
Market

3
4%

2%
SH
i%

5«
5
5

Che q u o ta tio n s fo r b u llion are rep orted as fo llo w s :
Gold .
London Standard.

Jan.
26.

Jan.
19.

8ILVHR.
London Standard.

s. d.
77 9%
77 10%
76 4%
76 6
76 6
76 4

Jan.
26

Jan.
19

>. d.
d
a.
77 9% Bar sliver, fine., .oz. 27% 270 i6
77 10
Bar silver, oontain’g
76 4%
do 5 grs. gold.oz. 2715,6 28%
76 4%
do 4 grs. gold.oz. 27iile 27%
76 4%
do 3 grs. gold.oz. 27% 2 7 il,6
76 4% Cake silver.. ....oz. 29% 29%
Mexican doliars.oz 27
27
T h e fo llo w in g sh o w s th e im p orts o f c e re a l p r o d u c e in to
th e U n ite d K in g d o m d u rin g th e first tw en ty -on e w eeks o f
th e n ew season co m p a re d w ith previou s seasons:

3ar gold, flne.__.oz.
Bar gold,parttng.oz.
tJ.S. gold ooln...oz.
Geriu’n gold coin.oz.
ffrenoh gold ooin.oz.
Japanese yen....oz.

IMPORTS.

! V ot. LiXVIIl,

C H R O N IC L E .

B u p l . l i F i n a n c i a l 11 * r Stele—P e r G a b le.
The d a ily c lo s in g q u ota tion s fo r secu rities, e tc ., at L o n d o n
are rep orted b y ca b le as fo llo w s f o r th e w eek en d in g F eb . 10.
London

Sat.

811ver, per ounoe....... d.
Oonsols., new, 2% p.ots.
For account................
Fr’ch rentes(in Parie)fr.
Spanish is ....................
Atcli. Top. & Santa F e..
Preferred....................
Canadian Pacific..........
Central Paoiiic.............
Chesapeake & Ohio......
Ohio. Mil. < St. Paul__
fe
Den. & Rio Gr. com.
Do
do Preferred..
Erie, common...............
1st preferred..............
Illinois Central.............
Louisville & Nashville.
Mo. Kan. & Tex., com ..
N. Y Cent’l & Hudson..
N. Y. Ontario & West’n
Norfolk & West’ ll pref.
Northern Pacifio, com..
Preferred...................
Pennsylvania..............
-Phila. & Read..............
*Plnl a. A Read., 1st pref.
*Phila.& Read.. 2d pref.
Soutli’n Railway, com..
Pr< ferred....................
Union Pacifio.................
New preferred...........
Wabash, preferred.......
* Price per share.

273s
llU ,s
lll-V
0 2 " 2%
52%
23%
64
89%
*2
31%
131%
24%
77%
157
8
40%
120
6 x%
14%
139ia
23%
71%
53%
82ia
68%
1130
3138
16%
13%
5238
4938
83
24

Mon.

2"uet.

Wed.

2738
27%
273s
111
111
111
111% 111% 1 1 1 %
102 00 02-X7 % 02-87%
5338
527
e
52%
227b
231s
22%
64
62%
63
89
89%
88%
52%
52
M%
30%
30%
30
1305a 131
129%
24
21%
23%
76%
77
75
15%
15
15=8
40%
41
39%
119% 119% 118
67%
68%
66%
14%
14%
14%
140% 14134 139
23%
23%
22
70%
71
69
52%
53
52
«2
81
82%
68%
67%
68%
11%
10 %
11%
30 3
4
31
29%
16%
16
15%
13%
14
13
52
52%
50%
49
4738
48-38
82%
83
81%
23%
22%
2334

Thurs.
277,6
111
111%
102*80
52%
22%
63%
90%
5 1%
30
129%
23%
7«%
15%
30 78
119
66%
14%
140
22%
69%
53%
82
67%
U>7s
30%
1H
13
51
48%
82%
22%

Fr*.
27%
H l'lB
1113,6
102*90
53%
22%
62%
903®
51%
29%
129%
23%
76%
15%
40%
118%
66%
14%
139%
22%
x68%
53%
80%
67%
11%
30%
15%
13%
51%
4738
Hi %
22%

S o m r a je v c ia l a n d i ^ t s c e l l a i i e a t t ^ e u r s

N ation al B anks . — T h e fo llo w in g in fo rm a tio n regarding
national banks is fr o m the T reasu ry D ep a rtm en t.
NATIONAL BANKS ORGANIZED,

5,175.—The Uvalde National Bank, Uvalde, Texas. Capital, $50,000.
W. W. Collier, President; W. P. Dermody, Cashier. Certifi­
cate Issued February 4,1899.
CORPORATE EXISTENCE OP NATIONAL BANK EXTENDED.

2,412.—The First National Bank of Stockton, California, until Febru­
ary 5, 1919.
LIQUIDATION.

4,466.—The Eastland National Bank, Eastland, Texas, has gone int cvolnntary liquidation by resolution of its. stockholders dated
January 10, 1899, to take effect February 1,1899
3,243.—The City National Bank of Greenville, Miohigan. Thomas A
E. Weadock appointed receiver in place of Robert T. Gib l
bona, to take effect December 7, 1898.
4,005.—
The Citizens’ National Bank of Spokane Falls, Spokane. Wash­
ington. Arthur J. S"aw appointed receiver in place of
Robert E. M. Strickland, to take effect December 7,1898.
4,041.—The Colebrook National Rank, Colebrook. New Hampshire
was on December 29, 1898, placed la the bands of a receiver
1,087.—
The Farmers’ National Bank of Portsmouth, Ohio. Noah J
Dever appointed receiver la plaoe of David Armstrong. Date
of appointment January I 0. to take effect January 16, 1899
3,215.—The First National Bank of Mount Pleasant, Michigan
George R-ed appointed receiver In place of Charles M. Wil­
son. Date of appointment January 17, 1899, to take effect
January 21, i899.
424.—Toe First National Bank of Quincy, Illinois, has gone into
voluntary liquidation, by resolution of its stockholders dated
January 16, 1899.
905.—The Tradesmen’s National Bank of the City of New York
New York, which, on November 4, 898, was declared Insol­
vent and plaeed In the hands of a reeeiver, is now in a solvent
condition, and has been permitted to gu into voluntary liqui­
dation, under the provisions o t Sections 5220 and 5221 o f the
Revised Statues United States. The resolution to go into
liquidation is dated January 13,1899, to take effect imme
diately.

I mports and Exports for the W e e k .— T h e follow in g a r e
th e im p orts at N e w Y ork f o r th© w eek en d in g fo r d ry ^ o o d s
F eb. 2 and fo r the w eek en d in g f o r g en era l m erch a n d ise
F eb . 3; also tota ls sin :e th e b eg in n in g o f th e first week
in Jan u a ry.
rORBIGN IMPORTS AT NEW YORK.

For week.
Dry Goods_
_
Gen’l iner’dise

1899.
$2,022,579
5,833,731

1898
*2,026,767
6,195,046

1897.
$2,476,070
5,832,015

1896.
*3,026,038
8,219,464

Total........
87,856,310
*8,220,813
*8,248,085 *11,245,502
1895-6
Since Jan. 1.
27,8 28,660
9,743,294 12,342!990 12,028,430 Dry Goods___ $11,733,904 *11,895,845 *11,678,833 $16,167,080
34,620,758
30,578,571
6,168.120 8,509,410 5,819,040 Gen’l mer’dise
33,540,573
36,337,116
1,096,040
1,698.148
1,330,520 Total 5 weeks $46,351,662
*42,474,416 *45,219,406 *52,504,196
Baans.......................
994,620 1,355,840 1,367,410
1,6x3,400
Indian oorn.................21,493,960 18.668,460 24,457 000 17,876,080
T h e im p orts o f d ry g oo d s fo r on e w eek la ter w ill be fo u n d
Flonr........................... 9,217,730 8,522,400 9,524,800
8,626,150
in ou r rep ort o f th e d r y g o o d s trade.
Su pplies a v a ila b le fo r co n s u m p tio n (e x c lu s iv e o f s to c k s on
The fo llo w in g is a sta tem en t o f th e e x p o rts (ex clu siv e o f
S ep tem b er 1):
specie) fr o m th e p o r t o f N e w Y o r k to fo r e ig n p orts fo r th e
m
..
1898-9
1897-8
1896-7
1895-6.
Wheat Imported, owt.25,167,650 26,132.450 28 814 630 27,828,660 w eek en d in g F e b . 6 a n d fr o m J a n u a ry 1 t o d a te:
Imports of flonr........ 9,217,730
8,522,400 9 524.800
8,626,150
EXPORTS FROM NEW YORK FOR THE WEEK.
Bales of home-grown.13,855,073 12,048,572 1 1 )533,8 68
6,298,765
1899.
1898.
Total..................... 48.240,453 46,703422 49,878,298 42,753,575
1897.
1896.
1898-9
1897-8.
1896-7
1895-6
For the week..
*9,744,283
Aver.prloe wheat,week.275. Od
34e. l i d
31a 7d
*9.509,970
$6,847,861
$8,127,242
26s. Id. Prev. reported
43,127,604
36,406,734
Average prioe, eeaeon..27s. Od.
33s. 8d.
29s.' 3d.'
38,188,435
33,761,123
24s. 9d,
The fo llo w in g sh o w s th e q u a n tities o f w h e a t flou r a n d Total 5 weeks $52,871,887 *45.916,701
$40,036,296 *41,888,365
m aize a flo a t t o th e U n ite d K in g d o m :
T h e fo llo w in g table s h o w s th e e x p o rts a n d im p o rts o f
This week.
Last week.
1898.
1897.
wl*eat....... ...q r s ... 1,760,000
1,797,000
2,445.000
2,515,000 specie at th e port o f N ew Y o r k fo r th e w eek en d in g F eb . 4
our,equal to qrs.. 519,000
518 000
410 000
350.000
i sqs 106/
anc* f ° r th 0 co rresp on d in g p eriod s
980.000
**ze.............. are... 645,000
755,000
540,000
_
1898-9
Imports ofwheat,owt,25,167,650

Barley..........................13.861,700
Oate............................. 6,901,570
Bea*............................ 1.077,370

a

1897-8
1896-7
26,132,450 28 814 630

F e b b u a s y 11

l'H E

1889, j

M
XFORTS aHD IJtPORTB OF SFEOIB AT MKW TOSSL.

Kxvortt.
Gold

Week.

I .71 ports

Since Jan. 1.

Week.

Since Jan. 1.

$315,363

Great Britain___
France...........
Germany ............
West In d ies..........
Mexico.....................
Sooth Am erica.___
All other countries.

$1,944,141
60,428
534,106
2.-.142
38,753
4,930
40,904
810
5,708

348,060
6,659

$317,076 $1,742,200
1,200
1,2001
30,000
35,600

$676,822 $2,655,182
3,123,112
1,019 ,793
23,716
254,656
ImporU.

$348,276 $1,779,000
196.635
2,717,240
54.591
251.831'
Jixporte.

Total 1899.
Total 189-1.
Total 1897.

Week.

SineeJan. 1.

Week.
Great B rita in .......
France.....................
Germany,...........— I
West Indies...........
M e x ico ...,________
South America.......
All other countries.
to ta l 1 8 9 9Total 1898..
Total 1897..

:Since Jan. 1.
$14,364

*953,100 $4,590,475
239,4501
250
250,
80,898,
2,000

$955,350 $4,911,073
1,078,175
4,849,079
855,175' 4.063,674

$15,986'
11,881
3,289
1,200

39,802
130,887
114,771
7,044

$32,356
65,8271
34,453

$306,868
337,149
266,049

O f th e a b o v e im p o rts f o r th e w eek in 1899 $6,008 w as
A m e rica n g o ld co in . O f th e exp orts d u rin g the sam e tim e
$65,190 w as A m e rica n g o ld co in and $3,230 w as A m e rica n
silv e r co in .
and in terest, $350,000 first m o rtg a g e five per cen t g o ld bonds
o f th e W illia m s p o rt G as C o ., o f W illia m s p o rt, Pa. P a rticu ­
lars w ill be fou n d in the advertisem en t in a n oth er co lu m n .
R e p o r ts Of N o u -ite in h e r B a n k s .—T h e fo llo w in g l» th e
tatem en t o f co n d itio n o f th e n on -m em b er banks fo r t h e
w eek en din g F eb . 4, based on averages o f th e d a ily resa lts
W e om it tw o ciphers (0 0 ) in all cases.
BASIC-.
(0C >xniu«Nt>
®

i*i.

P' ’A
M

9
W*W TwKK CITY.
Akter Plat*)....... . 250.0
100.0
O oiotu: ......
300.0
©lambia.- ....«
Kleveatk Ward— 100.0
Pwnrtf-ijfh street, 100,0
FrankUsi National. 200,0
2Q0.0
Q*n**vo©rt
200,0
Hamilton. ...
Hide A Loath. Nat. ftt&Q
100,0
Home.
Hadaon River..... *200,0
Meant Morrt*. ... 2*0.0
M & tul............... -I lo g o
HInetaealh Ward* 100.0
Pla*a
...............| 100,0
100.0
Rlvorald*..
State........... . ........! 100,0
Twelfth Ward...... .
Twenf jr-tfclrd W1 100,0
!
Union ‘8
^0*re.----- 200,0
Yorkvllle
........; 100,0
Aator N ad Bank..: 300.0
B «oo*i.rx.
Bedford. ....— .. 150.0
100.0
Broad w*y..
300.0
Brooklyn. ...
100.0
KlifUth Ward.
100,0
Fifth A vena®..
200.0
Fulton .. . . .. . .
150.0
Kin*® Coor.tr.
ManttfaeiiV Nan 3 5 2 .0
300.0
Mechanic®. .
Mach’*' A TradrV 100.0
National., 3WX0
National C ity...... 300.0
North *td«.......... 100.0
People'*...............1 100.0
Qoeena Co. (L.I.C.) 100,0
Bohenaerhona., ., / 100,0
Berenteenth Ward 100,0
O
Spracae NattooAl.. '1G . 0
'raenty eixUs W
'<3. 100,0
Union—
...... i 100,0
Wail* bom.. . ....../ 100,0
Q K CtTUW.
"Tlf H
l«t Nat*. Jer. Citr, 4 0 0 .0
Had. Co. Nat J.C. 2 5 0 .0
*d Nat, Jer. City., 2 5 0 .0
3d Nat, Jer.CUy., 200.0
lat Nat, Hoboken. 110,0
IdNftt, Hoijokert. 1 2 5 .0
Bank of Staten Ial. 2 5 . 0
lit N*t*£talen f al, 100.0

«

...... — ........ —LojjiuS |
N tt
W
l
hk?f*t .'inrat j ± B 'k L’lsar'gt Other
ViNotes. A $m t. | tiksJkc, pOiit*.
h m is.
a

9

9
|
s
2 3 8 ,7
3 4 1 .9
1 5 9 .0 |
1 0 S .5 4 2 9 . 0
*7 9 ,0
- ..I
2 1 4 ,0
1 0 1 .0
0 3 ,0
3 0 .7
14 0.1
2 8 7 .7
2 4 ,0
*7 ,3
1 7 « ,0
1 2 5 .0
li3 ,5
1 5 7 ,1
1 1 1 .1
1 0 0 ,0
2 5 0 ,0
9 o ,2
7 8 .0
1 0 1 ,0
9 7 ,8
♦ 30,5
7 0 .7
5 8 ,8
6 2 5 .0
1 5 2 ,0
1 0 4 .0
2 1 0 .0

6 9 .1
1 8 4 .6
1 1 9 .1
5 i,5
♦ 5.7
1 5 .1
9 J.2
1 8 0 .4
8A 3
19 8 ,8 '
9 9 .5
ln .e
25 S
1 1 4 ,7
1 0 3 ,1
9 3 .0
1 1 5 .6
4 H ,5
29 S.5
1 2 8 .5
1 2 ,0

*
* J
1 .7 2 7 .2 | 1 7 7 .8
8 2 3 .1
2 0 .1
i . M S . 0 1 2 1 ,5
*4 ,»
1 .1 0 0 ,0
7 0 1 ,2
2*>.0
4 5 ,4 6 6 ,3
2 8 ,0
6 3 7 .9
4 0 .5
1 .1 5 1 .4
2v 0fe6.7 2 0 2 .1
6 4 ,2
4 9 0 ,4
4 0 ,0
1 ,2 1 4 ,0
7 7 .0
L 5 1 9 .5
2 3 .4
8 3 9 ,0
2 4 ,5
0 4 0 ,9
1 .0 1 7 .7
4 1 .0
» ,8
7 5 1 ,0
0 1 ,0
1 . 8 5 4 .0
1 9 .4
l , 1 2 0 .6
434, f
2 7 .5
2 ,0 8 6 .0
7 0 .0
1 ,2 0 2 .5
*^5.4
0 ,2 1 0 ,0 s e o .o

1 1 3 .9
H 8 .fi
1 6 7 ,0
3 5 .5
5 3 .0
1 0 0 .0
5 9 .0
4 3 3 ,8
4 * * 1 ,9
1 9 2 ,6
»T 5,<)
5 6 8 .0
1 1 9 .5
1 0 8 .0
1 2 8 .8
5 5 .3
00. V
*
2 1 8 .1
5 4 .4
6 0 .«
38 7

1 ,0 2 0 ,3
i.;u v ,e
0 9 2 .0
2 4 7 .4
5 4 0 ,0
0 4 0 .3
0 3 3 .4
3 . 2 0 2 ,0
2 .3 0 3 .3
S 0 4 .0
3 ,9 1 9 ,0
2 .3 0 8 .U
7 3 7.0
7 8 9 ,1
1 .7 3 H .I
5 1 1 .0
4 5 4 .9
8 9 3 .0
3 5 0 .8
2 5 8 ,7
4 9 1 .2

31, s
3 i.«
7 7 ,0
i 0 r3
2 1 ,5
0 0 ,0
3 8 .5
3 4 0 .4
1 2 0 ,0
5 4 .5
2 0 9 .0
1 9 0 ,0
1 0 .0
3 4 ,8
0 1 ,4
1 9 ,8
8 ,1
U ‘2 .0
1 1 .0
7 ,3
1 3 .7

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

4 .0 0 4 ,-4
2 . 1 0 9 .4
I .A 9 S .7
: 0 8 1 *7
; 1 .4 5 6 .5
691.a
4 4 5 .1
I 009 0

1 8 8 .7 1 7 8 ,3 5 0 0 .4 o i s . a
1 0 6 ,7
0 7 ,4 2 2 0 , 7 2 9 3 ,5
0 1 .7
5 1 .3 5 0 0 ,3
2 8 ,5
7 2 ,4
9 7 .9 3 9 1 ,5
1 1 9 ,9
3-5,5 1 4 1 ,7 2 8 0 .1
^ 8 .7
2 0 ,4
0 8 , i 4 2 5 .4
1 6 , *5
1 2 .3
W*.l 1
7
1 5 ,3
2 4 ,0 1 1 1 9 ,2 I — A

y li.e

| 3 6 ,9
| 0 6 ,5
[ 1 1 4 .6
j 6 8 ,4
9 4 ,0
1 .0
4 0 ,1
7 i,»
3 0-4,0
4 1 ,1
0 0 .0
8 2 .0
8 3 ,9
lo g o
7 1 .0
3 0 .3
3 0 .0
104. i
7 0 .0
3 5 0 ,S
H i.l
7 0 0 .0

7 6 .S 1 1 8 *3
1 4 3 .4
1 3 7 .2
4-0.8 8 0 0 .0
3 0 .0
7 3 .3
2 *,0
4 9 ,1
1 4 ,7 2 9 9 .0
3 6 ,7
8 7 .0
3 7 4 .6 4 1 8 .0
1 5 0 ,0 1 0 7 .1
4 2 .1
1 0 0 .8
2 e 2 .0 54U .O
3 4 4 .0 3 0 5 , 0
6 5 ,8
7 1 ,1
38. 1
0 3 .3
7 6 .7 2 2 7 .1
1 4 1 ,6
3 u ,l
0 0 .8
i 0 , 0 3 3 0 .0
1 1 ,9
1 3 1 .8
1 4 ,0
3 5 .2
3 5 ,0
7 2 .9

*a<Li
1-Urijx.o ? , / » , . « ‘
A
retain Fob. 4., W
Total* Jan. 38.. <3.0is,o
J . S j l j ■tjK-i.c
Total* Jan. 21..
& to4A tH^a6x3ri .7 o j , 7

1 0 0 ,0
8 3 ,1
4 8 ,0
6 .0

3 5 ,4
ii.U
2 7 6 ,0
1 6 .0
0 6 ,5
3 4 .8
1 3 .0
2 .6
4 7 ,6
1 2 7 ,4

%
2 ,9 4 5 .3
0 F O .7
*2 /2 8 0 .0
1 .5 4 8 9
1 .0 2 3 .1
345 0
6 1 5 .0
S .2 m4 ,1
1 .7 4 1 ,4
5 6 0 ,0
1 ,2 7 7 .0
1 ,8 0 7 .8
9 lx , 3
0 0 8 .9
1 .7 7 2 ,0
7 5 3 .8
3 ,1 *3 5 .0
1 .4 4 1 ,7
0 7 9 .6
2 . 9 6 0 ,4
1 ,4 0 9 .4
3 ,8 3 0 .0
1 * 1 6 9 ,5
1 ,4 8 3 ,0
l.lH M
2 7 2 .6
4 7 4 ,5
0 0 4 ,7
6 *1 ,5
2 ,8 8 0 ,1
2 .4 8 0 ,8
8 4 0 ,8
4 / 2 3 0 ,0
3 .9 8 3 .0
0 8 5 .8
8 1 4 .1
1 ,9 9 1 .5
5 3 0 .8
4 3 0 ,8
8 4 U .0
4 1 9 /2
2 2 1 ,1
0 1 3 ,0
5 .1 6 7 ,4
2 , 2 1 3 .9
1 .5 4 6 ,4
l,2 tf4 ,M
1 ,5 1 6 .2
1 .1 0 4 .6
484 7
6 0 0 ,8

73 b/3J
7 J J ir,6
t o o i n t - M o . o 7tU&>,»

OJSb.9 3 - 7 *5

N ew io r fe C ity , B o s to n and P h t ia d o lp h ia B a o k s . — B e lo w
w e fu rn ish a sa m m a ry o f th e w eek ly retu rn s o f the C le a r in g H ouse Banks o f N e w F ork C ity, B oston and P h ila d elp h ia .
T h e N ew Y o rk figures d o n o t in clu d e resu lts for the n on
m em b er banks.

iM iAt
pit&
SAM*, Svrvius.i
K. Y .‘
9

J»-t. 14. 183.480.0
" 21. 133.480.0
•' 98.. 133,430 0
F--h A 133,480 A
.Jao. 31* 08.587.3
" 28 08.507.3
Feb. 4. 58.587.3
P h il*,'
Jaa. 21 36.388.0
3
% 35.380.0
Feb 4 i 33,388.0

j

9*4*u,

O
AnTn.\oi*arint

9

*
1781840 •».03«JI8aS.809.T: 1S.Mfl.l 12511050
187073\
<»v*,07;.l !5,4;«‘.0 U 092453
19*4849
S8I,«31.5 H ,700,0 14H4299
1972078 80,250,5! 880,022, S 1i.» 0 1,6 13284312
188031.0 13,544,0
8,12 0.0 ■
222,962,0! 1.908,0 141.134.9
191.049.0 19.311,0
7,7*5,0| 238,588.0 8.887.0 137 388,6
195.27L0 19,087,0
7,078.01245.690.11 1,903.0 158.013,0

716,840,0
720,351.0
720 372.2
741.520,0

123,»02.O
125.920,0
127,581.0

52.^W4.0
5 U 101.0
63T185.0
C

265

C H R O N IC L E

16:l,801.0 4.073.0 99,430,0
ilSl.OOO.d! 8,071,0 107.T26 0
(157,097,01 0.077,0 100.428,3

N ew Y o r k C ity C le a r in g H o u s e B atiks.— Statem en t o f
a o n litio n f o r th e w eek en d in g F e b ru a ry 4, based on averages
o f ia ily results. We omit two ciphers (00) in all cases.
Capital Surpl* Loans. Specie. Legals. Deposit?
Banks .
Bank o f N ew Y o r k .. $2,000,0 $1,879,1 $14,090,0 o t :0 $L260^0 $15,890,0
Manhattan C o.......... 2,050,0 2.132.0 18.980.0 6.530.0
2.224.0 23,808tO
2,000,0 1,074,9 15.001.9 3.443.1 1.233.8 18.218.4
Merohanta’ ------—
"
« eohanics*............... 2,000,0 2,04 2,9 12.824.0 2.183.0
1.056.0 12.950.0
A m erica................... 1.500.0 2.674.0 24,154.5 5.516.9
2.048.2 29.067.8
246.0 5.015.0
926.0
Phe n ix....... ............... 1,000,0
336.0 5.158.0

1,000,0 4.281.1 73.486.4 36.521.4 2.239.2 107,252,9
6,411,0 26.388.0 9.388.9 1.793.9 30.790.7
176,7 5.980.7 1.412.3
401.8 7.044.5
8.411.0 1.167.7
1.664.3
634.8 7.008.1
123.0
982,7
330,7
138.9 1.278.5
327.0
159,6 1.663.0
172.0 1.850.0
164.4
900.4
104.2
252.9
974,4
947.0
498.5 4.629.4
463.8 4.922.1
1.959.1
507,7i
109.6
120.9 2.465.2
019.5
496.9 4.504.0
323.2 8,882,0
2.493.7 20.094.0 4.033.0 3.807.0 24.106.0
0
3.679.5 28.830.2 3.401.9 3.509.3 24,739,2
0
1.860.5 7.990.7 1.574.8
0
254.0 7.771.6
1.053.3 13.923.4 3.228.0
898.4 14.909.7
836.2
472.3 2.919.7
435.1 3,673,4
810.9 19.506.1 5.635.6
809.9 23.466.0
990.6 0,717,0 1.145.7
846.3 7.091.0
421.9
203.7 1.724.4
815.9 2.944.0
655.8 14.310.0 3.317.3 1,017,2 17.131.9
2.290.8 40.420.0 10.784.4 2,383,5 51.690.0
021.6
377.4 4.027.0
650.0 4.380.0
382.2 2.894.4
400.0
117.9 2.881.1
470,»
257.5 2.745.5
356.3 3,500,1
988.4 6.484.6 1,452,5
653.5 7.243.3
835.3
154.8 3.687.3
359.0 4.340.3
1.307.5 10.423.3 1.695.4 1.032.0 11.604.1
608.7 6.916.6 1.720.8
468.2 8.538.8
260.0
408.0 1.970.0
423.0 2.140.0
6.707.2 27.623.0 6.785.0
904.0 28.531.0
3.242.3 47.260.0 20,300.0 3.330.0 66.721.0
370.3
146.6 1.313.8
132.7 1.419.8
2.046.3 20.511.3 3.986.1 2.741.0 28,059,6
490.5 12.021.0 3.963.0 1.075.0 17.006.0
711.6 6.834.0 1.284.0
070.0 7.805.0
205.5 2.945.0 1.033.1
272.4 3.061.3
7.497.4 37.010.0 9.199.5 1.308.4 39.830.5
271,5
53,8
1.069.0
227.4
L,609,0
846.3
018.2 2.612.0
361.7 3.678.0
070.2
430,3 3.079.5
317.0 3.848.4
536.9
283.6 3.236.0
287.1 3.286.1
1.139.6 32.120.5 7,145.4
4.761.1 41.921.9
1,170,2 8.511.0 1.933.8 i
638.3 9.931.8
348.2 i
571.8 1.988.6
974.7 3.392.5
580.2
739.0 3.237.3
670.5 4.933.3
754.0 7.378.8 1,921,31
742.8 8.813.0
871.8 5.775.1 1.189.0
553.1 6.974.4
394,1;
160.9 2.214.8
1.954.3
324.6
594.4 6.894.5
843,7. 5.077.1 1,148,9!
2.400 0
381.0
402,0 2.712.0
s i£ j
407,2 11.605.0 2,653,(11 1,464,0 14.752.0
i t x t h — C o n s o l i d a t e d w i t h A* tor N a t l 0&
AI.
854.9 32.608.0 8.249,3 1*640,£ 38,828,8
Western .
2,100.1'
982.0 1,080,5 6,494,0
300.0
904.7 4.696,0
First Nat. B'klyn.
274.9 19.401,4
Nat. Union Bank.
1.200,1 1,014,2 10.738.9 5.208.8
627,0
369,3 5.107,3
Liberty....... ........
500.C ; 348.0 4.293.7
824.3
321,91 4.010.3
N Y. Prod. Exch'ife. 1,000*0
.
113.3! 3,020,3
326,4 3.462.4
260.0
347,8'
578,1 3,820,5
tk .o f N. Amsterdam
Total
58L072/ > 7 5 ~ 4 0 L 9 74X52633 1972078 60,250,61830.022.5

- lty.......................
’

300.0
Chemical — .............
600.0
Merohaata’ E xch ’ ge
xallailn........ - ............ 1,000,0
300.0
Batchers*A D roVra’
400.0
hiechanica’ & Trad’ a*
:
200.0
S reenw ieh ..-............!
Leather MantifacTa
600,0
300.0
S e ven th ... . . . ----- . . . .
State o f N ew Y o rk .. 1,200,0'
American E xchange' 5.000.
Com m erce..........
5.000.
1.000.
B roa d w a y..............
M ercantile. . . ------- .. 1,000,0
422,7
P aciflo.......................
R ep u blic. . . . . . ------- 1.500.0
450.0
Chatham— - ...........
200.0
People*!....... .............
700.0
North A m erica-----H anover....... ............ 1,000,0
500.0
t m u g . — —.............
800.0
OUaaena*------. . . . . . . .
500.0
Naasa a -----000,0
Market A F u lton ..
1,000,0
Shoe A L ea th er....
Oorn E xch an ge....... 1,000,0
Continental.
1,000,0
300.0
Oriental— -----------Importers’ A Trad'rs 1.500.0
P a rk ........................... 2.000,0
East R i v e r . .......
250,0
Fourth.......... ............| 3,200,0
Central.................
1,000,0
S econd............. .........
300.0
750.0
N inth......... ................
500.0
F irst..........................
N. Y .N at’ l E xch ’ye.
300.0
250.0
Bowery........ ..........
300.0
New York C ou n ty..
German A m erican ..
750.0
OhasA..................... . . 1.000.0
100.0
Fifth A venue........
200.0
Gtorman Kxchan y e ..
200,0
Xennanla— ---- . . . .
300,0,
L in co ln ... . . . . . . . . . . .
200,0
(jarlleld . . . . . — — •
Ftfttu.......... ..........
200.0
Bank o f the M etrop .
300,0,
W eetB id e...__ . . . . .
200,0
Seaboard.. . . . . .
600.0

A u c t io n H ales.— A m on g oth e r s ecu rities th e f o lio w in g , n o t
regu la rly dealt in at th e B oard, w ere recen tly s o ld a t a u c tio n
By Messrs. A d ria n H. M u ller & Son :
Shares.
8Aorrt.
80 X. Y. Sujki. A Went Coal
IKK) Santa Fe Copper Co.,$2 pr ah.
5
C o.p rcf ... .........
50 I it;.- Guar. A iru*t Co.. 321
50 Manhutou! Life In*. Co. 105 200 Chatham Nut. Bank....... 305
f» Market A Fulton Xat B'k, 2 3 1 9,988 The Central N. V. &
20 B’ klyn Acad’ y of Mueto
West. HR. C o........$1,000 lot
(with ticket*)........ .
l 10
95 A«m*r CJn. Life Ina. Co - 10
60 OranK© Nat. B a n k ......
138
20 8th Ward B'k of B’ klyn..
90
125 Hudson Building Oo .
20
Bonds.
00 BU Paul (Jae Oo............. 40»u $20,000 Soapen B'dge & Erie
10 Corn Exchange Bunk .. . 30 *
tune* R k. 1at.7s, m o o........ 105^
10O Araer. Ex.Xat. Biink ... 174 $3,500 X. Y. 6c Wilkesharre
5 U J H*kof Hartf* rd,Con. 380
Coal Co, «B, 1933................ 50
1 5 Nat. B’k of the Republic. 177 $1.* OO Riding * DrivVClhb.
100 MerohantV Nat. Bank... ISO
Bro kly» , 2d Incom es....... 50
25 U. 3. M u r. & Truat Co.
355 $«t00 Orewrent Athletic Club
105 Holland Trust C o,. . . _
_
50
of Brooklyn, 2d 5a, 1911... 90
By Messrs. R V. H arn ett & C o .:
Shares.
Shares.
55 Quee Dnig Co................ 75
100 Edison 111. Co. of St*L.$10p ah.
20 The First Nat. Bank of
3 Certifleat*'® Well®. Kar^o
A Co. entitling holder to
Mankato, Minn....... $8 pr. eh.
lnter’t In aurplu*
10 Redlands Orange Grove
reprceented by 1,100
A Water Co., Cal___$5 pr. sh.
shares, but only when
280 Handy Pin C o.....,3 0 c. pr. t?h.
dividend shall be dec I’d
Bonds.
from flsitne, on oro^cut’ a
$12,000 Lakeside St. Ry. 1st
of eertr®.. with receipt
5 *........................ ................$050
for 3 dividends stamp’d
$137,000 Louisiana Elec. L*t
on face of each c$^rtill o*e $5
Co. 1st 6a.......... .....
$40
l ,994 fronton Elec, LWht A
$30,000 Detroit Elec. L't A
:
By. Co............... .......... m o
Power Co. lsttfs ................ $25
Oontlnrntal Tr. Co. rec’ t
$249,000 Lronton Elec. Light
for 925 eh. New Orleans
A By. Co. 1st 5s .............. $2,600
$1,590 The Edgemont Land <
fe
Traction Co ........Pr**h.
Imp. Co. or Omaha, 1901... $30
Continental Tr. Co. reo't
for 155 »h.' New Orlonna
$500 The Drury Land A Canal
Trao. Co., pref .$18^ pr. ah.
Co. of X. J.t 1906 .......$9 pr. sh.

flunking and financial.
Spencer Trask & Co.,
BANKERS,
2 ? & 2 9 P IN E S T R E E T ,
.
.
.
66 Stale Street, Alban]/.
I N

V

E S T M

O sobss Bxbci.at Mo w
M

o

f

f

E N

T

S E C U R I T I J E S - _____________

at .
a

NEW T O R S .

A l i ; xandkk ftt. Wurrs, J b
t

&

W

BANKERS
N o. 1 NASSAU S T R E E T ,
IN V E S T M E N T

h

i t

e

,

N E W YORK.

S E C U R IT IE S .

T H E

2 6 6

|$ a n k m r (g a z e tte .
D IV ID E N D S .
Rame of Company.

Per
When
Cent. IPayable.

Books closed.
(Bays inclusive.)

R a ilr o a d * ( s t e a m .)
Canadian Pacific, common.........
\ | April — ---------- t o ------------•
• i>ref................
1% March 1 Feb. 11 to Mar. 1
Cleve. & Pitta. guar. (quar.)......
2 * March 1 Feb. 21 to Mar. 1
Ft. Wayne & Jackson, pref.........
lLj March 1 Feb. 19 to Feb. 28
Iow a Central, pref........................
itll»c e lla iie o u « .
1»a ! Feb.
6 Feb. 2 to ---------American Cereal (quar.)..............
1
;Feb.
6 Feb. 1 to Feb. 6
Chicago Telephone (monthly)...
*
Mch. 8 Feb. 22 to Meli. 8
General Eleotrie, pref..................
3
•Feb.
1 ----------t o ------------.Rochester (N. Y.) Gas AEleo. pf.
■*$19 05a3; completing payment of deferred dividends.
W A L L ST R EE T . F R ID A Y , F E B . 1 0 , I S 0 9 . - 3 P . M .

The Money Market and Financial Situation.—Business
this week in Wall Street has been more limited in volume
than since Jan. 1st and the reactionary movement noted at
the close last week continued up to and including Wednes­
day, since which there has been considerable recovery.
The market’s resistance to bear attacks was discour­
aging to the bear element, and showed that recent
buying was to a large extent substantial in character,
Moreover, the reactionary movement was quite irregular,
some securities yielding in only a limited degree to the gen­
eral tendency. This is evidence that the conditions which en­
couraged the recent advance in prices were not transient but
.are believed to be still in force. Military operations at
Manila possibly hastened the Senate's final action on the
Peace Treaty, but these events had been anticipated, and
^therefore had but little effect in the Street. Otherwise there
ds no material change in the general situation. The unusually
severe weather makes activity in all departments somewhat
difficult, and must interfere materially with railway traffic.
The prospect of a triple holiday at the Stock Exchange has a
tendency to restrict operations there. The money market
has been easier this week, and lower rates are quoted in the
open London market, although the Bank rate remains un­
changed.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
Yrom 2 to 3 per cent. To day’s rates on call were 2 to 2%
per cent. Prime commercial paper quoted 3 to 3% per cent.
The Bank of England weekly statement on Thursday
showed an increase in bullion of £425,190, and the percentage
•of (reserve to liabilities was 45-80, against 45-40 last week: the
•discount rate remains unchanged at 3 per cent. The Bank
o f France shows an increase of 3,200,000 francs in gold and
.1,000,000 francs in silver.
The New York City Clearing-House banks in their state-joeat of Feb. 4 showed an increase in the reserve held of
$2,816 900 and a surplus over the required reserve of $87,452,075, against $39,232,025 the previous week.
1899.
Feb. 4
Capital.................
-OnrpluB...............
Loans S diso’nts.
c
(Circulation.........
Ket deposits.......
flpeoie.................
Legal tenders___
aeserve held......
(Legal reserve___

Dtyeren'sfr'm
Prev. week.

1898.
Feb. 5.

1897.
Feb. 6

$
58,072,700
75,407,900
74 L,526,600
14.601,600
880,022,500
197,207,w
00
60,250,500
257,458,300
220,005,625

9

$
59,022,700
74,271,200
633,859,800
14,392,400
733.827.500
114.088,200
104,150,300
218.238.500
183,456,875

$
59,772,700
74,888,100
497,513,600
16.787.500
568,961,800
79.559.500
117,221,000
196,780,500
142,240,450

Ino."i5154400
Deo
98,400
In.18,385.000
Ino 3,722,90(1
Doe. 906,0 0
Ino 2,816,900
Ino. 4,596,250

[vo l. L x v m .

C H R O N IC L E .

Surplus reserve 37,452,675D ec 1,779,35(1 34,781,625 54.540.050

$1 00 premium; commercial, 50e.@75c. discount; Chicago,
30c. per $1,000 discount; St. Louis, par.
United States Bonds.—Sales of Government bonds at the
Board include $3,000 4s, coop., 1025, at 128 to 128%; $17,700
4s coup., 1907, at 112%@113; $2,0u04s, reg., 1907, at 112%;
$25,000 5s, coup., at 1 :1%(8U2; $4,000 5s, reg., at 111%;
58,100 3s, coup., at 106% to 107%, and $ 00 3s, reg., at 107
F o r y e a r l y r a n g e see sev en th p a g e f o l lo w i n g .

Interest
Periods.

Feb.
4.

Feb
6

Feb.
7.

-Mch. * 99 * 99 * 99
2s,...................... reg.
3s, 1918........... reg. , - Feb. *107 *107 *107
107% 107*
3s, 1918..........coup. .-F e b . *107
3s, 1918, smali.reg. , - Feb.
..-F eb. 106*2 106^ 106%
3s, 1918, small., c ’p.
11211 112*4
4s, 1 9 0 7 ........... reg. . - Jan. 112
4s, 1907..........ooup. .-J a n . 113 *112* 112%
.-F e b . *128% 128% *1281}
4s, 1925.......... reg.
4s, 1925.......... coup. .-F e b . *128^ *128^ *128%
5s, 1 9 0 4 ........... reg. ,-F e b . *111* 111* *112
5s, 1904........ ooup. Q .-Feb. *111* * in % 112
4s, (Cher.)1899.reg. Maroli. *102* *102* *103

Feb.
8.

Feb.
9.

Feb.
10.

* 99 * 99 * 99
*107 *107 *107
107% 107% 107%
*io6%
'1 1 2 *
112*
'1284)
128%
*112
112
*102*

*106%
*H23e
*112*
*128
*128
*111*

*1061a
*11214
*112*
*128
128
♦ I ll’ s
112
*102* *103

♦Tills is the urloe bid at the morning board; no sale was made.

Coins.—Following are the current quotations in gold for
coins and bullion:

S o v e r e ig n s ........^ 84
4 87
Napoleons........... 3 84 ® 3 87
X X Reiohmarks. 4 73 ® 4 76
25 Pesetas........... 4 78 ® 4 81
Span. Doubloons.15 50 ®15 60
Mex. Doubloons.15 50 < 15 60
t
Fine gold bars... p a ra ttp rem .

Fine Sliver bars.. — 59%® — 60
Five francs..........— 93 ® — 96
Mexican dollars.. — ITLpth — 48%
Peruvian sols___— 42%® — 43%
English silver... 4 82 ® 4 86
U. s. trade dollars — 55 ® 70

State and Railroad Bonds.—Sales of State bonds at the
Board include $31,000 Virginia fund, debt 2-3s of 1991 at 86%
to 86%, $20,000 Tennessee settlement 3s at 97% to 98 and $900
ditto small bonds at 95.
The market for railway bonds has shown some tendency
to weakness, but actual declines are generally limited to
fractions. The volume of business was irregular, amount­
ing to only $3,329,000 on Tuesday, and increasing to $6,244,000 c n Thursday. Wisconsin Central trust receipts continued
active, and after selling down to 64% on Tuesday advanced to
6 % , closing at 68, against 66 last week. Missouri Kansas &
Texas, Texas & Pacific and St. Louis Southwestern issues
were strong features of the active list. Union Pacific 4s
inclined to weakness. Special activity is noted in Atchison
Missouri Kansas & Texas, Northern Pacific, Beading, St,
Louis Southwestern, Texas & Pacific, Union Pacific and
Wisconsin Central issues.
Stock and Bond Sales.—The fo l1
owing shows the volume
of business in stocks and bonds on the New York Stock
Exchange for the past week and sines January 1.
Sales
N. Y. Stock Rxch.
O o v e rm n e n tb o n d s
State bon d s..........
HU. & m iso. bonds.

Week ending Feb. 10.— —-----Jan. 1 to Feb. 10.----.
1899.
1898.
1899.
1898.
$110,300
51,000
24 ,4 5 0 ,5 0 0

$ 13 3,00 0
2 9.300
2 9 ,3 (5 ,5 0 0

$ :,S S 5 ,0 8 0
4 42 ,600
1 8 2 ,282 ,40 0

$1,030,800
189,000
144 ,478 ,61 0

§29,507,800 $185,010,060 $145,643,410
Total................. $24,612,700
stocks—No. shares
8,822,0C9
2,281,074
30,686,226
13,016,460
Par value....$371,150,100 $223,421,150 $3,065,150,750 $1,274,704,225
Bankshares.parval
11,100
2,500
$34,350
$30,100
W e add th e follow in g daily record o f the transactions:
Weekending .--------- Slocks——— . Railroad, dc. State
U. S.
Feb. 10, 1899. Shares. Par value.
Bonds.
Bonds.
Bonds
Saturday.,.......... . 453,170 144,595,000 $9,760,500
.........
$12,500
Monday....,........ 722,145 69,855,250
3,877,500
.........
18,000
Tuesday.................. 726,891 70,213,900
3,329,000
$27,900
45,300
Wednesday........... 874,441
84,950,350
4,498,000
5.000
4,500
Thursday...... .
585,038
54,920,700
6,244,000
4,000
16,000
Friday..................... 460,374 4 4,605,900
3,741,500
15,000
14,000
T o t a l ............... . . 3 , 8 2 2 , 0 5 9

$ 3 7 1 ,1 5 0 ,1 0 0

$ 2 4 ,4 5 0 ,5 0 0

$ 5 1 ,9 0 0

$ 1 1 0 ,3 0 0

The sales on the Boston and Philadelphia Exchanges were :

• ;---------- Boston.------------- Listed Unlisted Bond
shares. shares.
sales.
Saturday.. 54,968
6,270
$46,500
Monday... 90,002
14,581
168,425
Tuesday... 79,100
17,107
172,675
Wedn’sd’y. 90,118
23,444
176,075
Thursday.. 69,441
10,318
140,250
Friday.... 55,000
8,200
115,000
Total....438,629

79,920

$818,925

.--------- Philadelphia.---------,
Listed Unlisted
Bond
shares, shares.
sales.
83,047
23,810 $129,000
21,206
71,594
176,125
29,949
72,120
154,590
30,513
51.284
163,737
24,486
39,961
172,800
22,608
32,183
177,890

158,809

289,909

$974,148

Railroad and Miscellaneous Stocks.—The stock market
has been unsettled and irregular. Transactions at the Ex­
change averaged about 725.000 shares per day; the fluctua­
tions of several standard issues were over a wider range than
usual, and net results of the movement differ materially.
Great Northern preferred made a further advance of nearly
12 points, closing with a gain o f 6% points. Central of New
Jersey advanced 2% points and St. Louis Southwestern pre­
ferred 3% points, while Burlington & Quincy, after declining
early in the week, advanced nearly 3 points to-day. St. Paul,
Rock Island, Northern Pacific preferred and Pennsylvania
have declined from about 1 to 3 points; Pittsburg Cincinnati
Chicago & St. Louis lost 7 points of its recent gain, and re­
Feb. 10.
Sixty days.
Demand.
covered 2 points. Traction stocks were erratic. Metropolitan
Street advanced 11 points, making a new high record. Brook­
Prims bankers’ sterling bills on London. 4 84@4 84%
4 8 6 »4 861a
' Prime commercial..................................... 4 83 ®4 83*4
lyn Rapid Transit declined over 4 points, a large part of
-Documentary commercial.....................
4 82%®4 83*4
which it has regained. Manhattan Elevated was weak, and
Paris bankers' (francs)..........................
5 21%®209I8 518%® m 16 Twin City Rapid Transit, after losing 4% points, closes with
Amsterdam (guilders) bankers................
40® 401]«
40%®4t$le
a net gain of 1 % points.
Frankfort or Bremen (relobmarks) b’kers
94%®949]e 95tm®Sittg
Increasing interest is shown in the miscellaneous list with
y
© were me rates oi aomestio exchange oi varying results. American Sugar, American Tobacco and
LH York at the under-mentioned cities to-day: Savannah New York Air Brake were notably weak. The Federal Steel
ew
buying 1-16 discount, selling 75c.per $1,000 premium; Charles issues declined, while Consolidated Gas Jshows a net gain of
ton buying par, selling % premium; New Orleans, bank 6 points.
Foreign Exchange.—The foreign exchange market, which
was dull and steady during the early part of the week, has
become firmer toward the close. The supply of commercial
-bills continues limited.
To-day’s actual rates of exchange were as follow s: Bankers’
sixty days’ sterling, 4 83%@4 83% ; demand, 4 85%@4 85% ;
cables, 4 86%@4 86%; prime commercial, sixty days, 4 83@
4 83%: di. cumentary commercial, sixty days, 4 82%@4 83%:
grain for payment, 4 S3@4 83%; cotton for payment, 4 82%
■S4 82%; cotton for acceptance, 4 83@4 83%.
Posted rates of leading bankers fo llo w :'

F eb

H E

U , lf 9 » .\

C H R O N I C L E — S T O C K P R IC E S (2 pages) P a g s 1.

2 6 r

New fork Stook Exchange—A Daily, Weekly and Yearly Record.
Range fo r previ­
Sales Range fo r year 1899.
o f the On basis o f ioo-sh*re lots j ous year (1S98U
STOCKS.
Week.
Y. STOCK EXCH. Shares Lowest.
Highest.
Lowest. Highest

3TOOSS—HIGHEST AHD LOWEST SALE PRICES.
Saturd ay, Monday, Tuesday,
Feb. 6. 1 Feb. 7Feb. t.

Feb 8.

Thursday,
Feb. 9.

Friday,
Feb. 10

R a ilr o a d S to c k s .
’300 ...... *200 ........ A lbany A Susquehanna..
15«j 1 4 * Jan 3
15* ♦10 18k 15 18* *15
18* A-im Arbor....................
8S Jan 3 1
Do
pref
38* • 3 7 * 3 3 * •37* 39 *37 89
23
21
2t$$ 2 1 ’ 21* 21* 2 1* Atch. Topeka & Santa Fa. 42,905 18 Ja u 7
«2M
80* 61* 80* 81*
Do
prof 327 ,399 5 0 * Jan 7
72
1,010 6 6 * J a n 5
70
71* *69
71 Dalt.AO.,tr.rec-&ll lns.pd
3,940 5 S * J a n 5
50
55* 55* 50
58
13 Do new, when issued
55
55*
1,530 7 5 * J a n
5
78
73 78
78
Do pref., when Issued.
* 76* 77
7S ’8 * 9* . . . . . . . . . . . Balt. A O. Southw., pref..
8 * Feb 3
•8* 9*
n o e * ......, 106* ...... *106* ...... Boat. A N. Y. AirL.. pref.
♦28 30 Brooklyn Elevat,, tr. rec..
93* Mk 90k 99M 89k 93
91* 92* Brooklyn Rapid Transit.. - 100,588 77* Jan 8
*88* 91* 9 0 * 93
*35
35
•82
•33 ....... Buffalo Rooh. A Pittsburg
255 31 Jan 12
34k 35
*32
.....
, *32
33
•77
•76
50 74 Jan 3
Do
pref
175k 7SM i *70 ........ •76 . . . . . •70 . .....
•100
•100 ...... •109
100 ....... Bari. Cedar Rapids A No..
100 Jan 17
'noo ....... *100
5,770 8t*Jan 20
S6
b&H 86* 130* 80* 87
8«
87* 87* 87* / ’ anadian Pacific............
8651
59
00
61H £9
61
6i
81* 60
00* vyanada Southern........ 23,723 54 Jan 5
00
58
61
100 100h 99*100 H 98* 100
100 lul
100*102* 102 104* Central of New Jersey.... 12,4'rt 97 Jan 3
51 V 5*H 50* 51* 50* 52
i
49* 51* 51* 5 2
50* 51* Central Pacific.................. 58,175 41 Jan 5
29* 30* 29
30* 2 8 * 39
2 9 * 31
2** 29* 28* 29 Chesapeake A Ohio.......... 3* 9 7 24*Jan 5
1,074 108 Jan 14
•173 174
•172 174
1 1 7 0 * 17Q *| *i72
175
170 173
x 170 * 170* Chicago A Alton............. .
94 1192 Jan 3
*190 ........
190
......... *188
............ 1 1 9 8 " 198 ’ |n®8
. . . , , . ! l l 9 9 "199
Do
pref
134 H 1 3 6 * 1 3 4 * 1 3 3 s 1 3 3 * 1 3 5 * 1 3 1 * 1 3 3 * ; 1 3 3 * 1 3 5 * 1 3 4 * 138
Chicago Burl. A Quincy... 270,217 124*Jan 7
05
**
8 7 * ; 68
67*
0 4 * 00 : M d
07 I 88
00
60 * 8 0 *
1,975 59*Jan 4
Chicago A East. Illinois...
118
118 , ..................... j 118
550 112*Jan 3
Do
pref.
117 1*110 118 * U 6
..........
18* 17* 18* 17* 1 5 * 1 7 * 1 5 * 1 0 *
15U 1 0 *
10
1 0 * Chicago Great Western... 57,980 15 Jan 20
9 2*1 9 1 *
90
91* 90
93
90
92
9 1 * 92 ! 92
93
Do 4 p.c. debentures. 4,450 83*Jan S
7,545 50*Jan 5
60* 63
01
62 '
02* 63*
0 2 * 63*
0C* 01 ‘ 0 2 * 0*
Do 5 p.c. pref. A ” ..
33* 34
34
34*
5,100 29*Jan 18
32*
34* 31* 33*
3 2 * 33*
3 3 * 34
Do 4p.c. pref. “ B ” ..
•8
9
6,730 7*Jan 6
8
8 I 8
10
10* Chic. Indtanap. A Loolsv.
8 9
10*; 10* 11 1 ,rt
•30 34
•SO
85
35*
39
38* 41*
41* 43*
43* 43*
Do
pref 25,101 31 Jan
127* 128* 138*127* 1 2 5 * 1 2 7 * 1 2 4 * 1 2 5 * 1 2 5 * 1 2 8 * 125* 128* Chicago Milw. A St. Paul. 118,059 120*Jan 3
•108 109 1 1 0 .8.* 189 1108 188
026 106*Jan 8
.
169
109.
189
109
109* 189*
Do
pref
149 150
48* 149 Chicago A North Western. 8,837 111*4Jan 4
1 4 8 * 1 4 9 * 148
U 9 * 147* U S k 1 4 8 * 1 4 9 * X
190 190
700 188 Jan 19
190
190 190
190
....V , 103 193 ♦190 195
Do
pref.
117* 119
117
1 1 8 * 118
118
115 1 1115*110* 115* 117* Chicago Rock IsL A Pac.. 06.303 113 Jan 7
6*
93* 94* 92
3.334 91 Feb 8
93
92*
9 3 * , 91
92*
92* 93*: 191* 91* ChicTfit. P. Minn. A Om...
•170 173 •170
100 170 Jan 10
175 *170
175 *170 175
170 170 ,*109 175
Do
pref.
754 7* Jan 7
U * 11* 110
10 -10
11
l i * 11*
19* 9*
t
11* Chic.Terminal Transfer..
38"
38 'i 38
S3
39
39
1,210 30* Jan 3
3 7 * ST*
Do
pref.
38* 8#* 38* 38*
00* 8 t* 5 9 * 6 0 * 5 # * 8 C *
50* 60* Clev. On. Chic. A 8L L.... 24,051 42*Jan 4
58
59*
50
«0
99* 100
99*
9 9 * 98
88
545 95 Jan 4
198* 9 8 *
Do
pref.
98* 98* 108 98
12* 13* 12* i i * 12
13* 12* 12* 12* 12* •12* 12* Clew. Lorain A Wheeling.
2,900 U*Feb 1
•
.................. 1 * 44*
*35
4 .
*35
43 ; •35
Do
pref.
41 Jan 20
4 4 * •S3
44* , *37
43*
♦180 ....... •180 ........1*180
’180 ...... •ISO ......... Cleveland A Pittsb., guar.
*7*
7*
7
7
___
100 7 Feb « 9 Jim 9
•7
7*
•7* 7* Colorado Mid., voL. tr. ctfs.
... *7
7*
*'21
31*
Do pref. vot. tr. crtf*.
19* Jins 6 22*Jan 9
*19* 80* •19* 20*
... *i“* at
'1
•
*| *7* 0
18
*7*
8
580 f*Feb 9 8 * Jan 0
*7
7* Col. A Son. {when issued).
0* 7
55* 55* • 5 4
875 49* Jan 3 57* Jan 0
55*| 54* 54* *53
54
Do
1st pref. (w. l.).
*33
53
54
54
•29
12* 22
450 lM*Jan 8 24* Jan 0
32
22 32
“10* 81 ! *30
Do
2d pref. (w. t).
•20 32
31
♦
..................
143
3 3 2* 3
*2* 3 1 *3* 3
Cot Hocking vaL A ToL..
2* Jan 0 4 Jan 4
*7* 10
200 7* Jan 27 15 Jan 4
8* § * '1 * Bfl -M " .......
Do
pref
,s
4
*4
112* 118 . I I I * 112 "I 111 ti^Hi n o i n
4,7M lO0*JiUl 3 11 7*J an 24
fi
m
114
elaware A Hudson...,.
ns
n
•1 5 0
1 5 7 * ! 1 5 7 * 153
3,007 157 Jan 7 103 Jan 2 3
157* 158* mb ? * 158*1 158* 100
el. Lack. A Western ..
159* 101*
34
2 4 *1
3 4 * 3 4 *,
_ 22* 24*
.6,130 18*Jan
91* 3JH 22* 23* 83* 33* Denver A RJo Grande. ,,
24* Feb l
75
7 5 *
7 4 * 7*.%
% 73 *
7**i
5,800 0M*Jan 1 76* Feb 2
74
74
1
Do
pref
7 4 *
7 8 * 7 4 *
32
22* 31* - 32 20* 20*
20* i 20* 2D* •30* 30* lies Moines A Ft. Dodge.. 2,000 1v*J an 30 23*Jan 3
4
4
4 *
4 *
4
4
*00 3* Feb 1 4* Feb 2
4 *1
*4
4 *;
•4
4* DaL So. Shore A Atl.......
1C* U
1 0 *
10* 1 0 *
10*
1,200 7* Jan 30 HHFeb
♦ 9* 10 *
10
10
10
10*
Do
pref
15* 15*
...... *1 4 *
13*
1,280 13* Jan e 16*Jan 10
14* 15
1 4 *
1 4 *|
1 4 * H *
39* 40* 3 9 * 3 9 * 3 8 * 3 0 *
4,02m 37 * Jan 5 42 Jan 24
Do
1st pref.
38* 8-8* 38* 3S* 38* 39*
31* 31* 1 3 0 * 3 0 * • . , „ „ 2 1 *
...
120 19 Jan 4 42M.Ji.il 30
20
Do
2d pref
20*
39* 39* • 8 8 * 3 0 * ! 3 8 * 3 8 * * 3 8
810 37* Jan 19 41 *Jan 3
39* ( *38
39* iSransv. A Terre Haute .
39* •38
•70 75
74
74
74
74
»73
72*I)eer
73
341 70 Jan 7 74 Jiui 21
74 | Do
pref
•72 75
74
23
21 ------ «3* 33
2M< *
23
0U j 17 Jan 4 26 Jan 30
O
24
34* ‘ t?Hnt A Pere Marquette..
IS* Nov
•22* 25
I4S
48
50 43* Jan 3 lM*Jan 12
•4 3
48 [T Do
pref
•43
48
123 23
21
24
1
121 21 Feb 7 25 Jan 5
.. • f t W ft Deo, C*>lm b
o
10* »0*
200 14 Feb 1 17 Fob H
i
•15* 90
17* 17* PL Worth A Rio Grande.
180 103
184*189
183 189*1 179
1 3 2 * 183*184
184* 184*'Onset Northern, pr«f.,,
4,032 l42*Jan 6 190 Feb
...............1 Treen Bay A Western..
*
......
Do debt certfs. M
A
*9*Jan 5 01*Jnn 31
7 * 7*
7*
30 5* Jan 9 9 Jan 2(1 3*J*ly
................. i Do debt certfs. * B
*
110 ’ 1 1 7 * 1 1 5 * 1 1 6 * 1 1 5 * i i a "
i * 1 4 * 1 1 5 * 115*115* 115* 115* I llinols Central...,....,
8.4*7 114 Jan 0 122 Jan 23
•1 0 0
. . . . . . *1 0 0
......... * 1 0 0
............> 1 0 0
. . . . . . I 100
...... . *100 ......NL Do teased line, 4 p. e
]2 *
1 8 *
12 * 12*
1 2 *
13
*1 3 *
13*
7,449
12* . . .
13 Jan 101 7*Mar
12* U * . . . . . 13* Iowa Central....,,...
4 7 *
4 i * ; 48
4 9 *
4 8 *
5 0 *
48
40*
5 0 *Fee toll 25 Apr
Do
9,358
49* 49* 49* »0*
49*t ‘
pref
tio
lo *10
to*: *o* io * 1 «9*
to*
anawha A M ichigan
*9* 10* *10 10*
80
15*
16 ! 1 4 * 15
1 4 *
1 4 *
J4
15
0,3 JO
14* 15
14* 15 IVan. City Pitts. A Golf.
*«#
& \
5 *
-4 *
5 *
*4 *
5 *
•4* 5*1 *4* t * Keokuk A Des Moines...».
•1 .
IS
*1 7
18
*1 7
18
*lrt*
1 7 * •16* 17*' n s
17*!
Do
pref
*3 9 * S3
* 2 9 * 33
*3 9 * 33
•S J
...
•32 ....... *32 ....... Keokuk A Western......... .
............
3
5 .Kingston A Pembroke....
17
’ 9* 17* IS* 17
IT* 17* 18* 19
9,788
20*| 20
21 [J^ako Erie A Western.
00
04
00' 62
00
Do
01* JJ2* _65 | 64* ^ ’ |._65* 08
pm/ 24,199
a2 i. ’ *£«H*05 •*00*208 *300H S I !**00l,a03 *200k 208 Luke 8b. & Mich. Bouih...
O
40 Jan ! 59* A ur:
m i £*% m
»0
7*
70Ml 7*
78
7*
76
?«
7«M,Un« UUmd............ ........
3,732
05* 66* 05
SS
03
06* 03* 94* HH 9SHI «(>. 65H1
ow jan «<i 44 A p r 6 5 * DetIx>alr»Ule* NuhTllI,... 51,070
!8*Jiui 20! 90 O ct 120 *.T a o
iU
M 0 H U 8 , U O H U ^ 1IIH1UH i l l v i l i s ^ \ f U h u t u n«T..«OOkOl. 73,860
337 "F o b 9 1 2 5 * M a r 1 9 4 * Dec*
»3*H*i7 ! M i
■'* otn.pollUin
...... 73,641
............. ...I *7
7* Mexican Central...........
600
7f4Jun 20j 4*J*ne 7viDee
“
“
•7m «
ig
^
j ..
*Dec I l*M ® r
l * J a n 19
1
1* 1*
l* I Mexican Nat'l tr. rects...
1,300
lk
<M m
»k •1M T »
ik
ft9*Mar 118 Dee
.............. . . . [ ................. m a t i 2
...... ........! ............. .!Michigan Central,.........
10
116 Jan 24
24 Mar, 38*Dee<8M
i« M l «5M «6
ii
iSM
1 7 * Keb 2
45
45
45* 40* 4S* 46*jMla««*poi* A 8t~ Louis...
4,395
•98 10 I *9S 100 *98 100
•«M »9ii •98 100 1 1 9 7 * 9 7 *
Do
1st pref.
25
wy Jan 10 84 May 100 Dee
82*
8 2 * 8 l * 82
82
m2 *
46 51ar 78*Dee1,570
R M si
O
SO* St* 81* 81*
Do
2d pref
8 i Feb 2
7 Mar
1(5* Feb 7 1 6*Mar
8L P. ---------17
1.000
15
18 1 n s * i " Minn. --------A 8. 8. Marie
IH t l®. I >*
i « ! i« k i®k •15
H * J a n 30, 10 Apr 14*Jac.
8,770
i iif
i i l 1 W <<•. 1*1* ISM ISM HH 13M 14M Mo. K u u i t T i i i i
*
*7M 8«M 37 M 38
SI
»SMi SO 37', 37-yi 38M 38k 3Bk!
Do
» !k| SOM 371, stU 9»M
S*
4 0 * ,! ail 5' 28* Mar 41 Jan
pref, 30,490
SVM
22 Mar 4fl*De«'
41
4 9 * Jan 24
53,573
*®k| *» i «5k I»» . 48.,1[ .43k f t . ; . t‘ iw titik ; 4 4k 45H M OOH Faoiao
41 | iS>* 41 I 4 :<k 45M 4*M 45*;Mls4K>nr* Paclflc.
lM
?
t
* ? .3
*?
42
, ‘ ® k « l k ! . . i J®
O
441®! 40M iS
4*4-H! I22M *2 1 ,i n i l 4 U .
40M U H M ob lle* Ohio..
4, *75 34 Jan
43 Feb 1 24 Nov 32*FeV
17V ISO, *172 1MM »17* l«0 ^ |
>17» ISOs, *i7i. lS0v,M79 190V4 Morrti * Em m .
176 Jan 8 180 Jan 20 »10 7 * J a n 5180 Dec
...................i 80 J ’ ne 472* Nov*
^ Mb. Chat- A 8L Ix»uls.
1H 138* Li5* l i t * 130 \88h ' 135 136* 130* 137
6
Y. Centra) A Hudson 107,878 1 3 1 * Jail J i l l Jnu 28 ;I0 5 Mar 12l*Dea
130 137
1 5 * 15h
ts * 10* *15 17
*14* IS* * t l* 10* • 1 4 * 1 0 * N. Y. Chicago A SL Lout*
B O 14 J an 5 1 9 * J a n 23 U * M a r 15*Jan
O
*72
*72 ...... »7t* 71* *71
73
•70 80
*70 78
30 73 J a n 0 79 Jfvo 23 73 Feb 70 Jar.
Do
1st prof
37
87
•35
3 J
•35 3 8 *1 *35
37
Do
2d pref
•33
37
•33 37
100 3 1 Jan 5 41 Jan 23 28 Mar 40* Jar.
New York A Harlem.......
1360 Jan 25 1375 Jan 18 1320 Jan *352 Oele
*
•
N Y. Lack. A Western ...
129*.Jan 27 130 Jan 27 1120 Apr *128 Nov•207 210 ,1210 210 •208 211 | 305 210 ' 208 208 *208 210 N. Y. New Haven A Hart
‘
180 1198 Jan 19 211 Feb 2 »178*Jan 201 De*
22* 23* 31* 21* 21* 22* 20* 2I*( 91 *
21* 21* 23 N. Y. Ontario A Western.. 34,115 1 8 * Jan 3 25 Jan 23 13* Apr 19*3>e^
^0 ...... ...... .
60 Nov 05 Jan.
....................! *70
. . . . . . I •70 ’ . „ ; ; i *70
Norfolk A Southern.......
19* 19* l» * 19* 1 0 * 1 9 * ' IS
i s ! 1 8 * 1 8 * 119
1 9 * Norfolk A Western... . —
1,000 1 7 * Jan 0 2 0 * Feb 2 11* Apr 19*D©r
69 09* 00* 09
42*Mar 03*D*t
0S
09*
07
0S ! 0 7 * 0S*| S<0* 89
I*
prof 17,881 ftt * J a n 0 7 1 * Feb
31* 52h 50* 51
»
19 Feb 44*Dec
44
7 5 3 * J a n 30
52* 51*
50 * 58
SO 80*2 79* 60* x 7 a i( 79 1 7 7 i< 7H * 1 51* 78* 7S* 32* Nor. Pac. Ry., vot.tr.ctfs. H0,97o 7 6 * J a n 7 81*.T an 26 5 6 * M a r 79*8%
* Jan
78*
7SH« Do_____________ oref. 29,7211
• Thee* are bid and asked prices j no tales on this day.
I Less than 100 shares.
t Bx div and rights.
t Before payment of assmt.
♦200
•200
•15
18
18
ism
•37*
39
•37
39
23* «1W 22 s 21k
BiM 00M 02* 0u*
•70
71N •70 73
58
5«M 56
57
78
77M 77M 77
•s
•10«M....... • lo o k ....... •100*

•300
•15
•37
22*
61*
71*
5SJ4
•77M

D

3 U T S I0 E SECURITIES (G iven* at foot of 7 coxaEotnrvE pages).— S T R E E T R A I L W A Y S , t&c:
Street Rail w ar «

’ Ask.

Btrset R a ilw a ys.
Christ *p*rA 10th St-Stock
49
ColA 9th A ve 5s-S^s Stock
101 103
Dry D E B * Bat—
-Stock.
B » » r A !h A t» -8t.wk SIR 1<,**,,j
1st gold 6s 1932. . .JAD
U tm o r 5 , l» 0 4 ...J * D
Scrip S» 1916....... FAA
to**
M mors 5« 1914....J4J
115 1 Btghth Avenue—
Stock...
Oon 5 . iV43. Ste atwM
Jst.
■ • M .rB o' 1«t 5. t i 1S84
(118
42d A Gr 8t Fer~ Block...
M 5 4 l o t « , rm tkl-t»05!
107
424 St Man A 8t N Are.
O.str.4
903
1st mort O 1010. .MAS
s
1 « M «• :» * » ...... man
»
2d Incomes# 1915.JA4
.......
c«n Pk » * E Rlr at.v.s
Lex A tA p i
Oonx.l la 1909___ l i t . m o
11.8 I
—Ass Stock
N E W Y O H F C IT Y .

B . . 4 * St A SMI F —Block
U t mort 7« 1900...,;.%.:

Bid. Ask.
i?o 175
Rich i 1st.
175 190
♦116 118
«1 03 105
880 400
108
875 3°0
80
76
♦117 119
99
97
l#Rjfob 1lit

Bid.
Ntrspi Railw ay*.
Ninth Arenue—Stock--- 18
y
Second Avenue—Stack.. •i 93
1st mort 5s 1909. .MAN 1^10^*
♦110
215
Sou Bonier 5s 1045..J&J ♦112
♦110*
Third Avenue—Sts Stock
28th A 2»th Sts 1st 5s..’90 ♦n o
Twenty-Third St—
Stock. 390
Deb 5s 1906......,.JAJ 108*
Union Railway—Stock.. 190
Union Ry 1st 5s ’ 42.FAA ♦114

Bid.
Street Railw ay*.
Westchest 1st 5s *48..J AJ ♦n o
BROOKLYN.
200
109* Atlan. Ave., 1st 5s.. AAO ♦105
Con 5a g 1981 . . . . .AAO ♦no
119*
Inapt 5a e 1984..,,..T
A! 95
230
00
m .k B. B. AW. K. 5s 1983. AAO 243
Brooklyn City—Stock....
ii2 k
Consol 5b 1941......JAJ 117
i»t.
BklynCrosstn5gl908.JAJ 105
117
29
ilrooklyn Elevated (new
410
Pref (n ew )...,..,,,,.,.. 04*
106
Bonds (new).......... .
200
BkmHsrtstsi r si 941 AAO 104
110
Ask.

Ask.
11*.
108^
111
.»•«!»
\9&
\65^
-m*
•

O H U C N I C L E . — S T O C K P R IC E S (2 pages) P a g e z.

XH K

26 3

8 T 0 0 K B —H I G H E S T A N D L 0 W E 8 T 8 A L E
S a tu r d a y
F eb . 4

M o fid a y ,
Feb. 6

T u esd a y,
F eb. 7 .

F eb. 8 .

Range jor pre­
Sales Range for year 1899.
o f the On basisofioo-sh're lots vious year (1898).
STOCKS.
Week.
Highest.
Lowest. Highest.
N. Y. STOCK EXGH. Shares Lowest.

P R IC E S .

F eb. 9 .

lvol . l x y h i

Friday,
Feb. 10.

52 Jan 23
150 48 Feb
•47% 49 Qr.RR.&N.Co.vot-tr.cfs,
70%Jan 23
71 Jan
Do pref., vot, tr. ctfa.
•73 70%
48 Jan 23
130 41 Feb
Oregon Short Line.........
51 Jan 26
830 45 Jan
•47 47
acific Coaat Co.............
49
49
1 » 9 * 50
88 Feb 6
250 85 Jan
•87% 87%
Do 1st pref........... .
•8 0
89
88
88
07%Jan 14
64 Jan
Do 2d pref...............
*03 07
•0 3
07
•0 3
67
142 Jan 23
131%133% Pennsylvania................... 48,389 12 2%Jan
132% ; 3 3 * 1 8 0 * 134
135
133
7 Jan 10
50 4%Jan
•5% 0% Peoria & Eastern...........
•0
« *
•6
0%
*3 *
88 Jan 28
67
68 Plttsb. Cln. Chic. A St. L .. 13,140 04 Jan
73
V 2*
71
70
73% 74
345 80 Feb 10 93 Jail 23
80
81
Do
pref.
*8 5
•8 5
87
8 7 *
85% 8 5 *
180 Jail 10 §182 Jau 19
Pitts. Ft. W. & Ch., guar..
♦ 178
•1 7 8
•1 7 8
28 8 Jan 24 9%Jan 9
8% Pittsb. A West., pref.......
§7
•7
7
•7
tin
8 *
21% 22% D eading, voting tr. ctfs.. 14,615 20% Feb ~ 25 Jan 24
2 0 *
22*
8 1 *
2 1 * 21M
91%
60 Jan 24
59% 01 lA' Istpref., vot.tr ctfs. 00,470 51%Jan
58%
00
57« 3 0 *
0 » H 01%
34%Jan 23
80% 31% 2d pref., voting tr ctfs. 29.5D0 20%Jan
so n *
8 0 *
3 2 *
2 9 *
so *
2 » *
100 25%Jan
43%Feb 8
•41% 45 Rio Grande A Western....
42
•4 2 %
41
42
44
•4 2 %
78 Feb 10
1,075 00 Jan
Do
pref.
70% 78
•7 5
78
7 0 * 76
75% 7 0 *
§130%Jan 16
310 §128%Jan
129 131 Rome Watertown & Ogd..
5129% 129% •1 3 0
•IS O
110 5 Jan
6 Jan
•5% 0
t. J. A G. Isl. vot. tr. ots.
'5 %
O
5
0
15
0
*5 «
0
346 48 Jan 18 55 Jan 7
52
•40
Do
Istpref.
*5 0
•5 0
51
50
50
51
49%
*61% 6 1 %
245 13t<Jan 4 17%Jun
Do
2d pref.
*13% 17
14%
118% 16% 14
%U& 14% "14% 1 6
7,055 8%Jan 0 14%Feb
12% 1 3 % 12% 12% 12% 12% 12% 13 St. L. A 8. Fr., vot. tr. ctfa.
13% 13% 19% 1 3
1,110 66 Jan 9 75%Jan
74
Do
1st pref.
73
73
73
73% •73
78
71
73
73
♦78% 7 5
41% 41%
Do
2d pref 12,550 33%.Tan 5 44%Jan 31
40% 43
40% 4 1
41% 42
4 1 % 41%
4 1 % 42*
0%Jan 4 14
9% 11% 10% 11% 10
10% n % 10% 10% 8t. Louis Southwestern... 21,670 17 Jan 3 H Jail 26
10%
10%
I Feb
Do
pref. 02,575
29% 30%
30
31
26% 8 0 % 2 8 % 3 0 % 2 8 % 3 0 %
28
1,850 30 Jan 5 45%Jan 13
42% 42% 42% 43 St. Paul A Duluth............
41
40
41%
40
41
437 98%Jan 5 100 Jan 23
Do
pref.
105
100 *104 100 *105 ......
105 105
SW 38% Southern Pacific Co......... 40,225 33 Jan 7 44 Jan 3i
%
38% 39
37% 39%
38% 4 0
37% 38%
4 0 % 41%
14 Jan 10
10%Jan
12% 13% 12% 13 Southern, voting tr. ctfs.. 25,672 40%Jan 5 51%Jan 31
13% 1 2 % 1 3
l*% 13% 1 2 % 13
18
4
Do pref., vot. tr. ctf» 51,410
49% 49%
49
50
48% 5 0 % 4 8 % 4 9 % 49% 49%
50
50%
57,155 17^4Jan 5 22%Feb
21
22% 21% 22% rFexas & Paclflo.......
% 20% 21% 1 9 % 2 0 %
20% 20% 10% 2 L
0,681 167 Jan 11 18i%Feb
179 181 A hlrd Avenue (N. Y.)t
179
181
177
1 7 8 % 179 179
1 7 8 % 181
171
181%
2o Jan 21 23 Jan 25
•20 25 Toledo A Ohio Central.
•2 0
25
•20 25
•2 0
25
*2 0
25
•2 1
24
35 Jan 25 35 Jan 25
•39* 49
Do
pref.
•39% 49
•39% 49
•39* 40
•39* 49
49
04
m
65
06
62% 64% 64* 80* 08* 69 Twin City Rapid Transit.. 22,832 38 Jan 3 70%Feb
67
188 139% 189*139* 139 139 §137% 137% S13S 138 138* 138*
811 118 Jan 0 l39%Feb
Do
pref.
nion Pacific Ry ........ 03,195 4l%Jan 7 50 Jail 23
40
47% 45% 40% 43* 40* 46* 46*
! ? 8 47% 40* 47* 79% 81
Do
...pref. 103,405 72%Jan 6 84%Jan 23
79*
78% 79% 70* 79* 79
80* 80% 79* SI
3
18* 12% 18* 18* 12% 12% 12% 12% 12* 12* 12* 12* Un.P.D. & G. tr. rec.2d pd. 2,370 12%Jau 5 14%Jan 34
1,04(
7%Jan
8%Jan
abash .
•7* 8*
8 * 8*
7% 8
•8*
•7* 8*
7% 8%
21* 22*
Do
pref. 13,632 21%Feb 10 24%Jan 20
22*
88* 23% 28* 23* 22% 23% 21% 22% 22
West Chicago Street......
5,870 5%Jan 3 13 Jan 30
11% 12% 11% 11* u * 11% 10% 11% 11
11* 11* U * Wheel.<fcL.E.,4t.h ass’t pd
3,235 27 Jan 34 37 Jan 30
Do
pref. 4th do
33*
33* 33
31* 33* 34* 35* S3* 36* 32% 33H 33
435 58%Jan 27 04 Jail 30
60
Do Istpfd. (wbeniss.)
00
00
01
•58* 01
101* 81* 60
61% •00* 02
600 2%Jan 3 2%Feb
%Jan 3%Jan
2% 2% Wiscon. Cent., vot. tr.ctfs.
2% 2M
2%
2% 2%
2%
M ls c c lla n ’ s S to c k s ,
228 §108 Jan
§110 Jan 20
dams Express..........
109 109 *109 110 ♦108 110
♦108 110 1109* 109* 5100% n o
9.010 84%Jan
38 Jan 31
merlcan Cotton Oil..
30
30
34* 35% 34* 35* 35* 35M
37* 35* 30* 85
2,620 88%Jan
93 Feb 10
Do
pref.
90* 93
92* ♦
01
92
< 81* 91* 92
*91% 92
91* 92V
448 33 Jan
40 Jan 9
t...... 45
43 American District T el....
43
43% 43
41* 42%
45 •
43
10 13" Jan
§145 Jan 3
•142 144 *140 144 5143% 143% •141 144 *141 144 ♦141 144 American Express..........
4,850 29%Jau
37%Jan 24
so* American Malting.......
32
32* 31
30% 31
so* 31* 30
38* 32% •32
2,770 82 Jan
87%Jan 20
Do
pref
83* 83* 83
Si
84% 34* 84
83* 83
83% 83
S3*
5,765 12% 8eb
15 Jan 3
14
13
13% 13* 18* 18* 13
13
V2H 13% 12* 13 American Spirits Mfg....
1.010 35 Feb
40 Jan 3
Do
pref
37%
35% 35* ♦35
•33* 37* •37* 37* 35* 37* 35
35
50%Feb
47* 48* Am »r. Steel &Wire (new) 75,415 45 Feb
49
49
47% 49* 45
47* 48%
48
49* 47
97 Feb 1
Do
pref. 15,440 02% Feb
95
95* 94* 93% 92% 95
90% 96* 95
94% 05% 94
123%Jan
137%Jan 30 107%Mar 146%Aug
133* 134* 132% 133% 130%133% 127% 130% 129* 13!* 128%131% American Sugar Refining. 157,097 110 Jan
16 114 Jan 30 103 Mar 116 Jan
Do
pref. 1,395
112 112
112 112
§113% 113% 112 112* §113% 113% 112 112
308 §98 Jau 4 §103 Jan 28 J88 Mar §98%Dec
101 §101% §101% 101% American Teleg. & Cable..
♦101% 10S% •101% 103% •101* 103* §103 103
41 Feb
43* 41* 42* 42
43* 41
43
42
41« 48* 41* 42 American Tin Plate....... 12,392 95 Feb 8 44%Feb 2
1,010
10 99% Feb 8
♦96
97
95
Do
pref.
95% 97
99* 9 9*
95% 95
•93* 93
140 143* 138M 141* 138M 141* 135% 139% American Tobacco.......... 95,320 13 5%Feb 10:149%Jan 0 83%Jan 153%Sep
145 145* 139% 144
1,200 132 Jan 4 140 Jan 14 112%Mar 13 5%Aug
loo 133
Do
pref.
133 133
134
470 95 Jan 0 100%Jan 31 78 Mar 101 Sep
4
Do
dividend scrip.
99
98
98
08
9S* 98* 98
♦98
00
90* •98
2%Mar 9%Dec
ay State Gas................ 48,355 0 Jan 161 8%Jan 3
6* 7%
8* 7*
6* 0%
0M 7
0* 7*
7* 7%
5,362 139 Jan
151 Feb 4 100 Mar 140%Dec
rooklyn Union Gas......
148% L59% 148 150
148% 149%
148 148
149 151
145%147
1,700
7%Oct 14 J’ne
17%Jan 31
16% 1894 10
10
•15% 18* •is* 18* Brunsw. Dock A C. Impvt. 6,910 13%Jan
10% i« *
i « h 18*
30%Feb
37%Jan 9 17 Mar 32%Dec
33* 34
♦34
35
30* 32% 31* 32* 32
31% 34
32* lolorado Fuel A Iron....
100 88 Jan
100 Jan 7 75 Aug 590 Dec
93
93
•90
♦90
) I)o
prel.
97
*90
95
•93
95
♦90
95
95
9%Dec
4%J’ly
200 0% Feb
9 Jan 4
♦
0
•
0
•0
8* Col. A Hock. Coal & Iron..
•7
8
7
7
7*
0% 0% •6
210% Feb 0 104 Oct 205%J’ne
202 207% 205 210* 205 810* 204 207% 200% 210% 206 210 Consolidated Gas (N. Y.).. 118,970 189 Jan
2,120 44%Jan
50%Jan 31 27%Mar 52 Sep
•47
47 Consolidated Ice..............
48
43* •47 48
48
48* 40% §40
46% 47
1,043 91%Jan
95 Feb 6 83%Apr 94 Dec
♦91
05
95
Do
pref.
94* 94% 94* 95
95
95
94% 04% *01
3,040 190 Jan
199 Jan 20 119 Apr 195 Dec
1.
195% 190 195 195* 10594 190
105 100
196%196% 196 106* Edison Elect. 1 1 (N. Y.)..
55%Jan 10 29 Oct 52 Dec
50* 48
51
30* 52% 49
46* 48* 47* 40
47* 48* T?ederal Steel (wheuiss.) 172,290 46% Feb
00,824 82%Jan
89%Jan 30 09%Oct 85%Dec
pref.
do
85* 87* 84
87
87* 85* 87
85% 85* 80* 86
80* jL Do
95%Jan
112%Jan 2r 70 Ser 9 7 Dec
n o Lll
107 111
110%11L General Electrio............. 1 3 , l
111% 112
107%109
109%111
7l%Jan 26 06%Dec 72%Dec
72
70 Glucose Sugar Refining... 0,033 08%Jan
72* 372
72* 71* 72* 70% 71% 71* 72 x69
356 108%Jan
110 Jan 14 107%Dec 109%Dec
110 L10 109%109% 109 H 109% §107% 107%
Do
pref.
•108% 110 1110 n o
109%Feb 1 587%J’ne 96%Dec
108% 108% 108% 108% 107% 108
109 109
107%107% 107% 107% H. B. Claflin Co................ 1,331 97 Jan
68%Jan 23 48 Sep 07 Dec
04
03% 01% 04
59
nternational Paper...... 10,905 5y Feb
60
59
01
00% 61
01* 63
85 Sep 95 Dec
3,155 90 Feb
5 Jan
90
92
02
92
90% 91
90*
Do
pref
90
91
98* 92* 92
35%Feb
34
35* 34* 35* 33* 34* 31* 33% 31.
32* 32* 33 International Silver ...... 10,8*9 30%Feb
57 Dec
600 53 Jan
58
58
58% Feb
•50
58
68* 5s % •50
57
57% 53
58 Knickerbocker Ice (Chic.)
58
82%Dec
450 74%Jan
83 Jan
581* 81* SI
82
•80 82
81
81
81
•78* 81
82
Do
pref.
54%Aug
1,100 52 Jan
•54
57%Jan
55
53
•54* 55
53* 34U 53* 53* *53
aclede Gas (St. Louis).
54
53*
96%Aug
96 Jan
•95
97
99 Jan 18
97
*04
97
♦95
♦95
•95
•05
97
0?
07
Do
pref.
52%Dec
12,048 49 Feb
02 Jan 21
54
53
54* 53* 54
51
49
55
52* 53* 52* 53« Rational Biscuit
106 Dec
074 104 Jan
•105% 106% •105% 107% 105% 105% ♦105 L06 105 L S }1O0% 100%
10 7%Jan 19
O
pref.
39%Aug
3,985 35% Feb
35* 38
40%Jan 20
87* 38
30% 30* National Lead......
80% 87* 35* 311* 30* 37
114%Dec
420 111%Jan
115 Jan 21
1114* 114* §114 i n * 1114% 114% *113% 114 §113% 113% 113* U S*
Do
pref
9%Dec
7%Jan
8%Jan 12
Nat. Linseed OU, tr. certfs
9 Feb
2,345 5 Jan
0
7
8% Feb 9
8% National Starch............
8*
80 Jan
Do
1st pref.
♦60
30 Jan
200 22 Feb
♦10
23 Feb 9
Do
3d pref.
25
43 Sep
42 Jan 25
♦40
•40
43
43
*4C 43
40 Jan
42
48
*38
43 NewCent.Coal (new stock)
•38
♦38
120 Sep
1,195 112 Jan
43 138 .40 136 L
102 Jan 10
•138 L
43 142
40 5142% 142% N. Y. Air Brake........... .
38 *135 L
7%Dec
9 Jan 24
8
8
8* 8* North American Co........ . 10,610 0%Jan
8*
8*
8*
7*
Vi
0%Dec
*7
•7
•7
7 Feb 3
7 Feb
10
10
♦
7
Ontario Silver..................
•7
*7
46 Dec
07,581 43%Jan
55 Jan 30
52
53* 52* 54% 50« 52* 52* 53
53* 51
51
52%
aclflo Mail.,
112 Nov
113* 1 14* 112*114* 112% 114% 111* 112* 111* 113* 112%113%
118%Jan 23
eopTsGas-L.&C.(Chlc.j 58,000 109%Jan
e
216 J’ly
159
•158% 160
08 160 .62* 158* L O §L
3,185 150 Jan
100 101 Pullman’s Palaoe Car.....
104%Jan 4
O
0O .60
3 Dec
•3
3* •3
3
3
200 2%Jan
uicksilver Mining......
•2
3
*1% 3
3 Jan 27
*2
8
3*
ll%Dec
•9
10% •9
10% ♦
9
10% •9
Do
pref.
*0
9%Jan
11 Jan 9
10% ♦7
10
10
23%Nov
21
tandard Distil.&Distrib.! 7,103 21 Jan
23J4 22* 22* ♦23 24
25%Jan 10
84* 23* 81* 23
217* 23
75 Nov
77* 77* 77
77* 77* 77* 75
2,581 73%Jan
Do
pref.
75
70
77%
82%Jan 10
77% 77
10%Aug
10
10* 10*
10
10* 10* I®* Standard Rope A Twine .. 4,055 8%Jan
12 Jan 10
994 9% 10
e * 10
44 4 41* 42* 40* 43* 38* 42
(1
38%Dec
43
Penn. Coal Iron A HR... 62,240 30 Jan
48%Jan 27
41* 42* 41
42* •
105 Dec
i- Do
pref.
111 Jan
135 Jail 30
12%Dec
14* 14* 14
14
15%Jan 17
14
14
il2 « 123* Texas Pacific Land Trust.. 1,121 12 Jan
'H * 15
558%Dec
•55
ft?
57
•55
§50
720 53%Jan
nited States Express ..
579< 50
55
55% 55
60 Jan 12
50
55
8%May
7%
nited States Leather .. 0,910 0%Jan
7
7
7*
8 Jan 23
m
7* 7*
7 fi
V
7*
e * 7%
75%Dec
78
Do
pref. 15,993 71 Jan
74* 78* 72* 71* 72* 71
71* 71* 72% 71* 72
75 Jan 20
48%Aug
50% 51
49* 5191 48
51* 52
50* 49% ftl % 50
50U United States Rubber...... 23,095 42%Jan
53%Jan 27
113%Dec
116* 11«* 110%117 1117 117% 115% 110
Do
pref. 1,495 111 Jan
120 Jan 9
110% 110% u e * u « *
§131%De
1125% 127, *127 127 •125
28 •125 120
157 §125 Jau
•125 128 \X7ells, Fargo A Co .
§129%Jan 10
95%Aug
"3 * 90
94* 95* 94* 95* 94
estern
94* 94* 93
ester Union Telee’h. 11,239 93%Jan
98%Jan 24
94* 94%
•4 0
•7 4

49
70

•4 5
•7 4

49
7 8 *

48
48
19
•7 4
78
77
41
141
41
41
49
•4 7
48
*48
89
188% 88% •86
07
•0 3
*63
07
181%182
129% 131%
*5% 0%
6
*6
66 6 9
, 07%
86
*8 0
•178*'
178
8%
•7
8 0 % 2 1 % ’ 21% 22%
50% 00%
56% 59%
30
30%
28% 30%
•42 45
*4 1 %
42%
•70 78
77
77
130 130
180
130
•48

•7 3

P

S

U

A

B
(

i

L

P
Q
S

U

* Bid and asked prices ; no sales on this day. I Less than 100 shares, t Ex dtv. of loo 9. a. lu bonds. | Old stock.
|

OUTSIDE SE C U R ITIE S (G iven at foot of 7 consecutive pages) . — S 1 R E E T R A I L W A Y S , die
Bid. Ask.
**»reet H allways.
Bid. Ask.
Htreot KallwayH.
3110 112
70
Consol 5s not guar.. ,r.
84
ibe
B*lyn Rap.Tran.—See 8to ek Ex. List
1st 4s 1948.............J&Ji 00
Cil.Cem Gr.&B'kynlstHe m « U 2 « NewWrab,g&Fllstex.4%5 103 100
Cjney Island A Brook! yu. 270 *280
NY& Qua Co 5s 1940.A&O
1st 5s 1904........... J&J 106 105
8telnwaylst6sl922.J3cT 113 n o
5s certfs indbt l910.J&J 101 103
OTHER CITIES.
TkC.&New 5s ’39.J&J $114 117
Balt Consol—8tock—
Balt L 1st
G '.8t.&New lBt58’O0A&O 104 106
Bridgep Tr-lpt 5s ’23..1*9 $104%
G o't 'A Lorlntor St. 1st 0s, 108
Buffalo Street. Ry—Stock. 90
01
K ogs Co. Khiva*.—
Stoele 'S'*
I 1st consol 5s 1931. F&A $117 110
Inoomes.................. x .
8
Del* 0s 1922 ....... MAN 110 112%
r,r>nds—Sts Stock Exeh. List.
1Chlo^go City RR—^|pcl^. 295 296

Bid.
Street R a ilw a y*.
Citiseus’ St (lnd’nap)-fitae Phlla
08
Clevel Chb-1 st 3s ’09.J&J $103
90
Cleveland Electric Ry—
Con 5s 1913.........M&S $108%
Columbus (Ohio!—Stock. 08
Con 5s 1932—
See Fhlla List,
CroBst’wn—1st 5
P hila L
Cossol Traet’n (Nil)—
See Phila
i Lake St (Chic) Bley-Stock 13
! deb 5s 1028...........I&J $ 84
Louitfv St Ry—5 p c bonds $118
41
1 Common.,
.............

Ask.
too
100
95
100
70
1st.
list
85
119
44

Bid. .A8k
Street R a tlw a rs.
106 n o
1 ynn&Bos-lst5s ’24.JAJ) $109 i l l
4
Mefcrop West Side (Chic).
5
1st 5s 1942.......... FAS
69* 76
Miniump 8t Ry-»s ’ 19.JfY $100 100
A
5%
New Orl Tr—ig’ inst. pd.
P»eferred—1st legt. pd, I*% r ....
Notes 6s 1004 ....M&K ....... |......
North O
ph.te*«o—Stoc*.., . 210
1st 5s 10O^10....... JAJ $105
No Shore Tr (BoetO-Oom. 16*| ' 17 *’
85
PTeferped....................
1.
l Buyer rjyyj %e*opeA lnkei eat.

T H E

F e b . 11,18 9 8 .]

BONDS

I? 1

S.Y,STOeK. EXCHANGE | T
Week E nding F eb 10. 4 £

Price
Friday*
JFe6. 10.

C H R O N 1 C L E .~ BO N D
Wcc&’s
Range or i l l
Last Sale,

Range
since
Jan. X.

F R I G E S (5 p a g e s! C A B S L

BONDS.
N.Y. STOCK EXCHANGE
W eek Ending F eb . 10.

a*8

Price
Friday,
Feb. 10.

Bid. Ask.
IBid. Ask. Low. High. Ho. Low. High
CA O-(Con)—Istcong 5a *39 >l-N 118
Registered.................. 1939 M-N
i
98# 100
Geu gold 4#s— ........ 1992 ,11-8 95& Sale
Alabama Mid let gag... 1928 M- N * »». • wili.'lOO Jaa.’99
»
R e g i s t e r e d .1902 ti-3
Alban? A Susq. See D A U
S i A DIt 1st oon g Is. 1980 J - J 106 107*
Allegheny V*U 8*4 Penn Co.;
.
2d oon g 4a...........1939 J -,J * 95
Am Dock A L See Can of N J
9OH 26 SS 90K Oralg Valley 1st g 5s..l940| J - J
Ana Arbor let g 4*.......1995 Q-Jt 90# 3ale 99
IQS#
AtohT A 3 Fegeng 4s .1025.A-O; 102i dale 1r, ns.. 102 537
r>__,
.ae r e d . 1tfstfs A- it> lOt# Sale [101# 10i# 5 100 102# Warm Spr Val 1st g 3a. 19411M- 8 103 .
.
1,.! ,1ia! . *01#
Ellz 1,-ex A B S gu g 5s. 1902 ^ 8
71R e g is t
1995
<
2
85# Chic A Alton sink fd 6s. 1903 [flt-N U0 ,
Adjustment* 4a...,.,1993;No,rt 83 Sale 828
SW 1161 73
5 83# 86# Lou. A Mo Rlr 1st 7s.. 1900 F- A 104 .
33#
Registered...............1995 Nort
c3#
...... ........
2d7s...... . ............. 190; tf-N ‘106#
Equip traer A %54.... 1902 J - J
..... ......
Miss R‘ t R 1st sf g6s.. 1912 A-O
Chic A St Louis 1sfc 6«. 1915; >1- 3
* ...... 110 Jan.’09
•
tO 110 j|
S
Chic Burl A Nor. See GBAQ.
Atl At Bklynlmpg 5s.. 1931J - J
100# 100#! Chic Burl Jt Q-C011 7s.. 1903 J - J 115# Sale
Allan A Danr 1st g5a.. 1950 J J ................. jlOO# Feb.’ 09
Sinking fund 5a......... 1901 A-O 1 0 4 # .......
Atlanta A Char. See Sou Ry.
Debenture5s..,.,,.... 1913 71-N 112 ......
Austin A N W. See So. Pae
ConTertible 5s......... 190S M- 8 138 Sale
I>al Creek AS. See Mich Ceo
•116 116
Iowa Dlvalnk fd 5s... 1910 A-O U 3 # .......
X>»ltAO l#tesPkbgBr.*19 A-O .................U 6 Jan.'09
....
* .................
Trust Co. ctfa. of dep...,.„ . . . .
U5 Nov‘98
4h...........................1919 A-O 105
S
Gold 5s ....... ...183&1935] f -A ........ ...... 115 Oct-’D
! ....... .........
Dear Div 48.... ...... .1022,F- A
............... 3*?athwestera DIt 4s.. 1021 # - • 102#
*
Coupons o 7 -...... . ........
..............
120 120
Cuic A Iowa Dlv 5s....1905, F- A
Registered..... 1835-192V F- A ................ 120 * Jan.’*90
130 130# Nebraska Bxten 4s.... 1937; H-N 108
Speyer A Co. eertf of dep........ . . . . . . . . . . . . 120 Feb.*99,
Registered.............. 1997 71-N
Trust Co ctf* of depusif........
Han. A St. Jos con 6g..l9t 11
71-8 122*
Consol gold 5s.. . . . . . . .1988 F- A
118# Sep/ws ■
116 Aog 98 •
Chic Bar A Nor 1st 5e.l920 4 - 0 107
Registered...............1988 F-A!
118# Oct.*08i ■
ChloAE Hi—1st sf car 6s. 1907 J - D 115
JPMJcCo cUa of ie p ..........
Small.........................1907 J - I)
Trust Co eertfs deposit - . .
\ 06** Dee *93: ■
\
lstoong6a
.....1934 A-O 134
Balt BT 1st g 5s int gu. I090! M- N
lt
General con 1st 5s.,,,H»87 M-N 110# Sale
W VaA P tst g 5s..... 1090 A - O
Regt-Hered .......
Monon Ely Lit gag 5s. 1910i F-A
M-N
Ceo Ohio R 1st e g 4#sl93o \ s ....... tl* U0
l
UO
*1 108# 110
ChlcAIndCRy Iat5s.l036 J - J
* 85
65 Chicago A Erie- See Erie.
ColAanM Utextt#al93w J - .1 ....... ...... S3 J*n.*09
Chla lod A LoolsTtile—
AkACJ isilntgu g5s. 1930, Af->i ..... .....»j!05 Aag*08
Lyuisr N A A Ch IstOt-.’ lO J - J 114# ....
...... .
105 Not*9h|
CoeponsoSL......... .
Cblo lnd A L ref a 5#.. 1047 J -J ■ ...... 03
PUU A Con 1st g 4s. ■
-1046! J - J ...... ......107# J’ly *98[
Refundingg 6 s ........ 1947 J - J 1 0 6 # ___
B *O S WhtgMBft.Hti'J J . j !M10 IU .111
111 i ‘ s ;07»< iV i"
A ij, 61 Ch MA St P-lst T ils R D 03 J - J 103* ...
BAOaWttTCon*l>t*l««:! J - J .............
» i Jai-'O®; ■
Jit 7s £ gold RD,,.,1902 J - J 163# ......
3 !h
lsttnegSsser A ....2043;Nort
........
34# Jan.‘90 •
8eries B.................. 2043 t> rt U # Sale U #
*<
U *i
ai! i6H J3H. 1st low* A l> 7s^....... 1899 J - J 163# ....
1st C A M 7s.......... ...1903 j - j 1 63#......
B4U8W Ter Co gu z 5s.#2 Jl-N ....... ...... ...................
Ohio A Miss lateen is. 1047 J - J ........... 112 Jan.’**
|io8# iYa” i[ Chic Mil A St P oon7s.1905 J- J 1 63#......
:
126 130#! 1st l A D Bxten 7*. ...1908 1 - j 1 6 3 # ......
2d consol 7*.............1911 A - o !*129 140# 13?# 140#
1st Southwest DIt rta.1900 j _ j 1 2J#......
;iOH#108
lstSpr'gdeldDtT 7a.1905 M-N .. . . . 106 106
10*»
1st La Crosse AD be. .1010 J - J 118
i 69
89
1st general 5*.. .....1932 J - D,* 90 ...... 89
89
UtSo Minn DIt 6*. ...1910 J - J 121# 122
*«ech Cna*. 8a S V C m l
Bel A Car. Sts liiinot* Out.
1st Hast A 0 DIt 7s.. .101O|J - J 139 Sale
Boenev Bridge. Sss MS a T.
As........-.............. ...19101J - J
Sway A7th A t. SttMetSBf.
Chic A Pae Dir 6s ....191 o .j - J *119
Bkiyn E! Tr Cocf 1stg«s 1024... *101
104 101# 10iw J2 V 4 # 1 0 3 #
Chic A P W L U 5 «-..U )2 ! J - J 130# 122
Chic A Mo Rir Div 5ft. 1020 J - J *130
Tr Co cUs 2d g 5s.....1915
.. . mm« -•».«. *8 J’ua’0-;
Mineral Point Dir Ss„l01O J - J UQ#**1<
j
ADinstatpd...... ...................... . *.♦ ♦ -....... 68 May’ve,
♦«
t A BBTCoda 1st gag5e*4*
.......*101 loo
iOl# 30 j1 08** 1 0 1 # : Chic A LSn D4v*5s..l02l J - J ..............
Wla A Minn Dlrg 5*..1«21 J -J
....122
aliinsUlpd............ ...
• - ... 101
04 103# Terminal gold 5s.......I 9 l 4 j - j n i 5 117
DnElTrCocfsUtgag8#*37!...
I01#3aie
.
Bkiyn RapTrg 5 a ......19^5 A-O 109 Sale 108# 109 ,
Soft a»»a g 6s...l921|J - J ...............
108 n o #
Bktjm CUT 1st c^a 5s 1916-41J - J 11 7 # ...... 117# Dee*9ftj
Hid 5 s,..♦. 1016 J - J ...... .....
Dak A tit Hog 5s ......1016 J - J *120 ......
H
BkiynQCo A boon* ttg&s'il! H-N
10» l O Feb.‘09
1103# 108
Geo gold 4* iertas A..l«89'j-ftj$i It! ......
Bkiyn A il mtaok. Set L UL
Brans A West 1st g * t . l 0 3 H j - j ..............
Registered............. I98«|Q-Ji! ................
Baff N y A Erie, Sts Erie.
Mil A No 1st M L 6s- .1010 J - IT
Bair R A P fan 4 6s......1037 M- » 110
1st consotda...........1013 J - III lias*
100# 100# A0' ’ 07# n o
Debeniare 6*....... . 1947 J - J
Chla A North**—
Con7s. 101' Jo - F; H 3*
Roch A Pitts 1st g 8s,.1921 F- A 195
..127 Mar •98!
Gold 7»..................... 1902IJ- I>; 113 114
Con*- list 6s....... .. 1922 jJ - D 195
126 129
Regtstered
.
1902 J - D
Jan.’99}
..[103 Apr'y? ... ................ 1 Sinking fund 9s.. 1879-1029; A-O 118 tab
Cl A M*h 1st ga g $*..1943 J - J
Belt A3*>athsrest. Ass Erie.
1
Registered......1879-1029 A-O
BaffSt MAS W ist gBs. 1927! F-Ai ...... . .... 101# 101#. 1 101# 102# sinking fond B 1879-1939 A- < tov^
s
1
Registered......1879-1929 A-O 100
Bus A Basu 1st *o!4Sa~l9!d A-Ui . . . . . . . . . . . . .....
R eg iste r.................1913 A ll ........ .............. .
......I
Sinking fund deb 5s,.. 103- 71-N 122 Halo
Bor C RAN 1st 5s....... 1906 J - J 108# ...... 108# Feb.’09 ...1 0 7 108#
)
RegUtered .........,.1932 31-N 12*
Con 1st Aooltrg $s. .1934 A-O! 113 dale 113
113
7 l it t 13 i 35-year debenture 5s.. 1909 ♦N 110 Sale
Registered........ ,...1934 .4*0.
Kog1stare>l ............. 1909 ■•-N
; 110# no#« toj n o # 110#
M A St I. 1st go g 7s 1027 J - I)
30-year debenture 5a . 1931 A- O
Registered..,....,.,.102! 4 -0
O K U A N W lit g 6*. 2 A-O 107 ........J 1 0 5 # N o t ’ 98
IstgoidSs...,............10911A-O 109 .............. 1 0 5 J i u a ' 0 0
105 105
Kxtension 4s.... 1886-19*6!F- A ib«i<
Flauadariooth 1st 5«.., 190h J - J . ..... n o # n o
u o#j 3 - io n # n o #
Registered..,1886-1936 V- A
V/ 2d 5s.....................1913 71-8 tic # ...... H i# Fehft’9* *14 u o # 111# Gen gold s # e ..........1967?M-Ni 104
fiaglstered-.........,..1913 71-8 ................. It 06 Jan.*07
Registered.
......1967'g-N
Dark A Shawn. 8*4 III# Cent.
Escan A L 8ap 1st 6a. 10011 - J 103#,
J
Carthage A Ad. &«N 1'CA 11.
Lies Mo A Minn 1st 7s. 1907 |/- a
0 R Ia> AN. Set B C R AN.
Iowa Midland IstSs,.. 1000 A-O
Can Branch C P tstg 4«.194h J -D
........
99# Jan.*99
. 01# 93# I Winona A 8t Pet 3d 7a 1007 M- N
I
0«n tral Ohio. S*e Balt AD.
Mil A Mad 1st 6*......,190b M- H
Gen HR A Bof tla—
Col« 5s'37 71 -N 95
J 95
05
o u c r a at p t*t $*.. 190 • n a US
! 05 J*a/09
Cant of tin « y- 1stg 5*,. 19 45 F- At U 4# .
North UUtioU 1st 5 a .. l » to 71- s *113
1IB Doc 06:
Ragiaterwl ......... 1945 F-Af
Mil L8 A V 1stg 6e,. 1921 71-N 139
V
Consol gold 3*............ 1945 M-N 0 i # 3 a i e
94#
0 3 # 604U 9 1 # 93#
CDQTSrtiblS deb 5s.. 1907 F- A
Registered............1045 M-N
Ext A Imp • f « 5a . 10*9 F- A 118
k 38
40#;
1st prd Iocorne g S*. ..1943 Oct-t 89 Bale
Mich Dir 1st gold 0a. 10*4 1 34
13
139
9d prsf Income* SA...1945 Od.1 12# 8aJ«
Ashland 01v 1st g 8§ 19351>t - ft 134
n # 13
IS#
I?#'
M pr« f lnc«*r.e » 5e. 1945\ )cxa ...... 6#
f
94 £#0*98;
Iuc»?fiue*........................ 191 i 17|-N
M AN I»rs 1st* &«.... 194*i J - J 93 ...... 05 Dee-061
Chic Rock t A P*C fls.... i017)J - J 13* ......
y« J’ly "fH
i
Mobile fnr le t« fle.... 1946 j . j
Registered.............1017 j - j 131 ......
Mid Ga A AU IM 5* 1947 j - J
t
General gold 4t..........198-' J -J 106# Sale
. 86# Sep*0§jL. ._
8
Cent of N J—1st eiw 7e.l89v o*Jf 104# .
Registered...,......... 19H J . j
s|
101# Jaa.'Ow, ..» .I; 101# \0l#
1st convertible 7*..... I?»>*
,H 119 .
11* J««.*0l>
Des M A Ft D 1st 4*.. 1905 J - J 92# ,
112 111
Oonrertiblsdsb 6#.... Iwo* V{. N ................ 112# J’ly 'W
^
1st *#e........
1905 J . j
85 .
extension t*.........1000 J - l
General gmd - 5 s . 1987: J - J t!6 8ai* P.5# 116 1 V P i n # m ”
«i
Registered............. 1937 u-Ji i l l # ..... 113# 113#.
4; 112# 114# Ke*?k A Dm M 1st 5s,, 1938 A* O
Leb A WB C Con as 7a 100 o-M 1 100# 8A . 100
U
10Oh
Small.......... ................ . A-O
0 | 09# 101
|
87*j 90 Chic A St U Set At T A 8 F.
5e....................101.3..M-B * ..... 90
! 40 Jan.*09;
Am Dock A Imp Co 5*. 102 f j - j m u ...... UO# Fob-T
115# 115# IChic 8t L A N O. 844 til CeiiL
90
R J Sooth lot gear 6s. 1809 .1 - J ...... ........................ .
; CM 8t L A PUtS. 8*4 Pa Ox
C
Cent Paclflo—
Ctfs dp a . 1898 ..
............. ,103 Oct/yi
....... Cblc 8t P M A O oon 6s.. 1930 J - D 134 , , , , ,
Speyer A Co ctfs BCD. 1899 ..., *109 106 108
Ch 8t P A Min lit 6s .101- > -N 134 .......
1
Speyer ACoctfsdep K.190O........*103 106 ......
.....
Nor Wisconsin 1st 8a.. 1980U - J ....... 140
8pey«rrACoctfFGH1.10O i
*103 106 \04 Jan.’W
0
8t P A S CHy 1st g 8s. 1910 A- u 133#134
,1 0 4 104
San Joaooln Br g 0e...!»♦>(> A -4 ............. . . . 102# Ocfe*'»8
5
Chic Ter Transfer g4« ..19 47 .1 -.1 05# Sale
Goararteed g 5s ,,.....i 9'jo: a - o ................ |
____
......I
Ch A West 1 1st * f g 6s . 101v \U N 105 ......
SpeyerACo e n g cu ...... .,.. *106 ........................ .
General gold 6 a .........10<U 1 I> 121 ......
^«and grant gold 5*.... 190 A-41 ............... ,102 Mar'0-*
Cbis A West Mich Ry 5a 103' J - O
C 4 0 XHveztg 5s...,19lH J - j,
t.**.|101 Jan/W^i
Coupons off...,,,,,,.,,1 9 2 ) ......
Western Pacific g 0s.. 1899
J *103 .,..,.1 0 3 J*m.?
99 ..1103 103 am II A D con • f 7s. .,.1005 A- O
No Of Cal 1st ga g «e. .1907 J - J ........................
........
2d gold 4#s............... 1937 J J
Goaranteed gold 5a. 193H A-O ................ i 00# Dec' 98
Cla D A I 1st ga ff 5s.. 1941 M-N 1 1 3 # •
........
Charles A 8a7 1st g 7s.,
i.
0 1 8t L A C. See CC C A St JL
Ches AO— fitser.
g.
A-Ot 118# 131#i 119# Jan.'09
119 110# am 8 A C. Srs C C 0 A St L.
Gold 8* . . , , . . . . ...... ..191^4-071 120 i 98#Itt0 FeA.*99i
I
1*0 1*0 City A 3Ry Balt 1st g 5s. 1922 > - O
kron A
A
O
A lab&maChic Jnc. See BRy..
Cent. Sec Son

prtoeFnJ.j^; these are Latest bldaud asked this week. tDaeJnly. # Due Nor.

269
Week’s
Range or
Last Sale. ^ '

Range
since
Jan. 1 ,

Low. High. So. Low. High
116# 118#
= 1 17#119#
116# 116#
116# Jan.’99
05#
96 198 90# 96#
93# Jan/99
92%
106
106
105 103
9? Deo'98
95# May’98
104
101
n o Feb.’99
104 Feb.'Q107 J’ly ’98

103

104

104

107#

115
115#
101# Nov’08
ill# in #
135
138
111# Deo ’08
105# 105#
102 Oet.*0s
103 Feb.*99

114# 1X5#

108
108#
97 May*0
133
138
108# Dec ’08
115# Feb.’90

105# 10S#

134 Jauu’99
U’ H u o #
103# NOV’08
105 3ep.*98

111 111#
125#140#
105# 1*05#

100# 10*5**
128** 123*
U 5 # 115#
134 1S4
71 109# 112

114#
115 Jan.'OO
7 0vi
02#
92#
7 u,4
160
10«#
161# Jan.’00 a 2 161#

115
l«4#
io*#
16 L#

163*" Dec’08
180#163
163 Feb.’00
,60 163
163 Jm O
ift'O
161 161#
161# Jan.’ 99
190#121
120# Jan.’ 90
115# Nov’98
118# 121#
m #
la i#
129 130
130
130
109# Dec'08
132 Doc ’98
121# 191# 13 116# 122
118# u i #
120# Jan-’O
O
no# n o#
n o# no#
112 Apr.’O
1i 3 Nov*98
115* ‘ 115#
115
115
127# Jan.’98
Irirtu V f5*0
.
106# May’ U7
tl* # U 2 #
112# 11 #
108* l u #
111
112#
105# Feb.'w^
121 Dec’98
1x6 136
128 Jan,’99
US# 145
143# 143#
113 113#
118
113
113 118
113 Jatu'eO
116 116
116 JaxL’09
117# OCL’08
109# 109#
109# 109#
100 109
109
109
1*2 123
122
122
119# Dec’ 98
110“ iYo‘ *
UO
UO
109# Mar’09
118 118
118
118
117# Kob.'0s
tod# ioe*
109 Feb/99
103 J’no’Oib*# i*o*4*
104
104
108 Nov’93
lO7#May’0H

VST OcL’08
l l f f i U 7#
111 Jao.’ttO
105

Apr.'O n

140
140
105# Feb’07
118
114
134 Dec *98
142# J(in.’«9
11* Apr. *94
. 82# Jao.'vO
182# Jam'99
106
107#
104 Bep.’W
n
08 Jaa/OO
85
35
83 Mar 07
111
110
100 Apr’97

U7# 117#
111 111
ub** 1*4*6#
ii*in i i i "
142# 142#

1 81#is 2#

182# 132#
104#108

W
-i
85

98
85

lOtf# 111

1 36 # Jan.’ 99
136# Jan.’ 0 >
V

136 186#
136# 186#

133
138
05#
9H4
106 J'ne*07
119# Dec'08

138 184
93# 90#

119 Octft’07
108# Ocnfl7
112
11*

119

118#

DaeJane. lDaeJaa- i Ronds dae May. a These are option sales .

OUTSIDE SEC UR IT I ES (G iv e s ax eoot of 7 cosseoutive pages).— GAS SECU RITIES, dec.
Oa» HecuHUee
Rid- I Ask.
(Isa 6 rca rlU e».
Bid. Art.
Street it.a.H ware.
f Bid. ] Ask. I O n e fitoestiitfea*
H N T A Bast Hirer Gas—
Pror A Pawt'ek-lst 5s *S3 1108 TT o~
OTHER CITIR9.
113 115
1st 5s 1944...........TAJ
70 I.,,..
Rich m RyA^-Bleo-lst 5s**0
NBW rORKBaltimore Conaolidei—8e t Balt. List
Consol 6s 1045...... JAJ 100 111
Beehestwr F ly ..,,..,,.,,,. 14 | 15
Central tTnlon Gas—
■ay State A a s —N Y Sleek Eareh.
n « b 6 s m i ........ , m A4
1st. 5* 1097.......»..JAJ }107# 109# Northern Dnlan—
9* 1.......
Incomes
99
94
1st S e m i ............ M AN
-Stock—N TStk Hxeti
.
’•
3d Ss 193 L ...........JA1>| 7 7 # ; * « #
Btiffeon UnltedGas Bends- -Bosto aL i
ommon.. 138 144
1*S
Standard Gal—C01
Oon 5s 1930 ___ ASf. f 4106 107
Deb 5e 1906.......MAN1 106 UO
Bafal* QRy Gas— tock..
S
145 158
•o preferred
Bo Bide R (Chic)-^tcek
T
75 j ....... - Bqalt Sae.
.......... .
116 118
16«
Prof............... ......... ...
90
03
1st 6s 13*0......*..FAA 4101 102# 2 1st 5s 1930........MAN 4116 118
fTfi’d TrAlB'erj Prot >-8Pk 6##. 8 9 #
1st 5« l»4ff.......... AAO S » I « m
Con. 5s 1989.........MAS 1117 118 J
SA U 193* ....... MAS
BROOK LTN.
OklOM (toM 9te M J sto C T x
O
—
k C-eh.
317 3*5 n
06 } 06# Moteal Ga*...........
West fJhieagc el . , .
Wcero Gas C« lot 6s.. . ,, . 102
Brooklyn On Gas—N T St o ck B •xoh.
Oon 1986 ... ...MAN I 95# 06# !f. Amsterdam Gas, Com.1 40
InclBDaW Gao & Goba ... 139
jh.
1st son 5s—N r BFook
7 l# | m
Worcester tMes«vTr-Com 17# 80 , P r e f .........................................
Irgesask tPrjo^
•# yre.
^I•■9>i^brmr Gas—l8fc fil 101 £ L .
Pref as^ i .- ................. t o e [ l o t • tat orinwji 5«. . . . . . . j 134#j I/4W u W

T H E

270

BONDS.
■•T.STOCK EXOHANG H
Week E nding F eb. 10.

C H I I O N I C L E .- B O N D

Price
Friday,
Feb. 10.

Week's
Range or
Last Sale.

p k ic e s

(5 p a ge£>

*Pries
Friday,
Feb. 10.

BONDS.
N. Y. STOCK EXCHANGE
W eek E nding F ed. 10

|V o l L X V I 1 I
Week’s
Range or
Last Sale.

Range
since
Jan. 1.

Bid. Ask Low. High No.
Bid. Ask Loro High. No. Low. High
122* 22* Jan.’99
o
lint A Pere M g 0s.. ..1920
earfleld A Mah. See BRAP.
1st consol gold 5s — 1939 M-N 100 101* 101* 101*
Ak A C eq A 2d k 0B..128O F- A
103
Pt Huron Dlv lstg 58.1089 A -0 103 Sale
80*
78 Sale
sow •8
01 4 Can 1st 5b tr roo... 1917 J - J
Fla Cen 4 Pen lflt g 5a. .1916 - J
98
93*
94* 173
0 0 C 4 Bt L—
Gen a 4b..1993 J - D ....... 05
1st land gr ext gold 5b.1930 J -J
01* Dec’98
Cairo Dlv 1st gold 4b. . 1939 J - J
CodboI gold 5b............1943 J -J
103* 108% 22 99* 103*
St L Dir 1st col tr« 48.1990 M-N ....... 10k
Ft 8 & V R Bge. See StLASF.
9C Mar‘98
Registered............... 1990 M-N
105 Mar ’98
Fort 8t U D Co lstg 4*81941 J -J
.
Bpr 4 Col Dir lBtK 4b. 1940 M- 8
80
D 85 Sale 85
Ft W & D C—lBtg 4-08.1921 J -D
87 Aug’98
W W Val DIt lBt« 4b. 1940 J - J
02
I%
65
64
95* 05* Ft W A Rio Gr lstg 3-48.1026 1 - J * 62
95*
Gin W 4M Dlv 1st g4s. 1991 J - J 95* Sale 95*
Fulton Kiev. See Kings Co K
l.
102 104
102 ...... 103
103
Olnl B tL4C lfltg 4b 1930
.
/Y al liar A SA . See S P Co.
Registered..............193H
99* 102
102
102
VXal HAH o f ’82 1st 58.1913 A -0 100
Conaol 6b.............1920
1
06 Dec ’98
Ga A Ala Ry 1st pfg 58.1945 A-O 100*.
114 Oct*’97
Oln 8 4 Cl con lata 5s. 1026 J - J
ioo*‘ ioo"
100 Jan-’99
Ga Car A No 1st gu g 5s.l929 J - J
107* Feb’97
Ind B 4 W 1st pi 7b. . 1900 j - j
1
Qeorgla Pacific. See So Ry.
OInd 4 W lstpf 5b.. .1931? n-Jt
88* Grand Rap A Ind. See Pa Co.
83
87*
Peo 4 East latoon 4b 1940 A -0 87 Sale S''*
an A St J. See C B A Q
23
83
SO* Feb.’C9
Income4s.............1990 Apr ....... 30
ousatonlc. See NYNHAH.
102 102*
01C C 4 Ind latB f 7a... 1899 M-N 102* Sale 102* 102*
97* 104
104
Houst E A W T 1st g 58.1933 M-N 104 Sale IC3
138 ...... 137* Dec’98
Consol 7b..............1 91 4 J -U
Uous A Tex Cen. See So P Co.
Conaol Blnklng Id 7a.. .1914 J - D
112* Nov’ 98
llinois Cent lstg 4a... 1951 J - J H O * .
132* Nov’98
General consol gold 6b 1934 J - J
.
112* Nov’98
Registered.............. 1951 J - J n o * .
Registered............1934 J - J
103* 105
105 Jan.’99
1st gold 3 *s............... 1951 J - J 102 .
108* 108*
0481st M C CC4 I7 b.1901 A -0 108* Sale 108* 108*
102* Apr.’y?'
Registered............... 1051 J - J 102 .
107 Dec’98
01 Lor 4 Wh con lat 5b. 1933 A- O
1st gold 38 sterling.... 1951 M-8
dev 4 Marietta. See Pa RR.
Registered...........1951 M-8
121 8ep.’ 98
01«t 4 Mahon Val g 5b.. 1936 J - J
105* 107
Coll Trust gold 4s......1952 A -0 105%...... 107 Feb.’99
Registered ..............1936 Qu-J
104* 104*
104* Jan.’99
Registered...............1952 A -0
OliT 4 Pitts. See Penn Co.
03 104*
L N O A Tex gold 4s 1953 M-N io s * Sale 108* 10£*
66
Ool Mldl'd—lat g2-3-4b. 1947 J - J
101 Mar'w
Registered...........1953 M-N
Jan.’99
70
75fc
1st g 4b. . . . .. ..............1947 J - J
100* 8ep.*98
Coll tr 2-10 gold 4 s ....1904 J - J 106* .
Ool 4 9th At. See Met St Ry
Registered....... .....1904 J - J
Oolum 4 Greenv. See So Ry
103 Nov’98
Western Line 1st g 4s. 1951 F- A 103* .
Ool H V 4 Tol-Con g Ss.l 931
Registered..............1951 F-A
74!* .
80
73*
74*
J P M 4 Co eng cfs $85 pd
93* 96
94*
90
Louisville Dlv g 3*s . 1053 J - J
32 Jan.’99
34
Gen.gold 6b $ 5pd...l904 J -D
Registered....... . 1958 J - J
Gen. Hen g. 4s, $95 pd 1996 J - J 27* 2794
81
83*
83
83
Bt Louis Dlv g Ss......1951 J - J
Registered, $95 pd..1996 J - J 50
Registered............. 1951 J - J
Ool 4 Cln Md. See B 4 0.
04
90
90 Sale 94*
Gold 3*s.................1951 J - J
Ool Conn 4 Term. See N&W
Registered.......... 1951 J - J
Oonn 4 Paa Rlva 1st g 4s.'43
Cairo Bridge gold 4s.. 1950 J -D
ak 4 Gt 8o. Sea CM 4 StP.
Registered .............. 1950 J -D
alias & Waco. SeeM K4T.
Middle Divreg 5s..,.. 1921 F-A 117
124 Nov’98
•el Lack 4 Western 7b..1907 M- S ♦125
Spring Div 1st g 3*s. 1951 J - J
126 J’ly’98
Syr Bing AN r lit 78.1906 A- O 126
Registered..............1951 J - J
144 Jan.’99
144 144
Morris 4 Essex 1st 7s. 1914 M-N *141
120 126*
120* Feb.’9fi
Chic St L A N Og 5s..1951 J -D
7b........................... 1900 J - J
107 8ep.’98
123 8ep.’98
Registered..............1951 J -D
7i.................. 1871-1901 A-O 1 10 * .
110* Jan.’99
n o * 110
*
Gold 3 *s.................1951 J -D
litoon gnar 7s......1915 J -D 142* .
143 Jan.’99
143 143
Registered.......... 1951 J -D
Registered...........1915 J -D 140 .
140 Oct.’98
1 0 4 * D e c ’98
Mem D iv lstg4 s....1951 J -D
N Y Lack 4 W 1st 6s. .1921 J - J 188 .
138
138 138
138
Registered....... ...1951 J -D
Construction 5s......1923 F- A *114 ,
117
117
117 117
Bellev A Car 1st 0s.... 1928 J -D
Warren 2d7a.............1900 A-O *105 ,
138 Aug’98
94M Dec’18
•el 4 Hud lat Pa Dlv 7s. 1917 M- 8 •145 .
St L Sou 1st gu g 4b. . .1931 M-S 93
140 8ep.’98
03
90 Nov’98
Carb AS lstg 4b....... 1932 M-S
Registered.............. 1917 M- 8 •145 ,
143 May‘ 97
IndBlAW . SeeCCC A 8t L.
Alb 4 S.8l8toongn7Bl906 A -0 ♦128 ,
122 Doc’ 98
105* 103
103 Jan.’99
Ind Dec A W let g 5s., ..1935 J - J 108(4
Registered............... 1906 A -0
17 104* 100
H0
106 106
1
Gold 6a................... 1906 A -0 -117* .
117* Jan.’
117*117% Ind 1 1A la 1st ref g 5s.. 1948 A-O
124* 125
117* Jan.’ 99
Int A Gt No 1st gold 0s. 1919 M-N 124 125 125 Feb.’99
Registered............ 1906 A -0
117*117*
93
95
95
2d gold 5s................... 1909 M -8 95 Sale 94If!
Bens A Sar let7s.......1921 M-N •152
151 Jan.'99
151 151
00
63
63
Registered............. 1921 M-N ♦151
Sd gold 4s................... 1921 M-S 02 Sale 0 !*
141 May’98
107 110
100 108S
I4 10HH
Iowa Central 1st gold 5s. 1938 J -D
•el R1t RR Bge. See Pa RR.
T>en Con Tr Co lstg 5a..1933 A- O 87* 100
Iowa Midland. See Ch A N W.
92 Jan.’99
90 92
Den Tram Co con g 6s. 1910 J - j
Jefferson RR. See Erie.
Met Ry Co latgn g 6b. 1911 J - J
alA& G R. See L8 AM8.
Den 4 RGr lit gold 7s.. 1900 M-N 1 0 8 * ...... 108* Feb.’ 99
an A Mich. See Tol A O C.
108* 108*
latcong 4s.,..............1936 J . J 101* Bale 101
101^' 109 100* 101* K C A MRAB 1st gu g 5s.l929 A- O
08* 75**
ls tc o n g 4 * B
.............1936 J - j
71* 8ale 69*
109* Jan.’ 9'
103* 109* K C P AG 1st Acolg 58.1923 A -0
Improvement gold 5s. 1928 J -D •106
Kan C A Pac. See M K A T.
106
107
102* 107
Dei M 4 Ft D. See C R 4 I P.
Kansas Mid. See St L A 8 F
Dei M AMlnn. See Ch 4 N W.
Kentucky Cent. See LAN.
Des M Un Ry 1st g 5s. ..1917 M-N
Keok A Des M. See C R 1 A P.
102 Oct.’ 98
77
71
70
Det M4Tol. SeeL 8 4 M So.
Kings Co El ser A 1st g 5s ’25 J - J 70
74*
Det & Mack lBt lien g 4b.1995
65
60 8ale 60
D
Ful El 1st gu g 5s ser A .’29 MGold 4b...................... 1995
D
Knoxville A Ohio. See 8o Ry.
116* I l f *
Dul 4 Iron Range I8t5fl.l93? A-O
T akeEiieAW 1st g5a.1987 J - J 118* Sale 11714 118K
110 Jan.’9
107* 110
108* 1C0*
Registered................ 1937 A-O
JLi 2d gold 5s........... 1941 J - J •106 107 106% 106H
100 102
2d lien mortgage 6s... 1916 J - J
101
North Ohio Istgn 5s.. 1945 A-O ....... ......... 101
Dal Red W 4 8 1st g 5b. 1926 J -J
L 8 A M S. See N Y Cent.
92* Feb.’98
Dul So 8hore 4 Atg 5b. 1937 J -J 112*
104 Aug’98
Leh Val (Pa) coil g 5s .1997 M-N
112
112
111* 112
ftitofMmn. SerStPMAM.
Registered ............1 9 9 7 M-N
105* 106*
astTVaAGa. Ses.SoRv
Leh VN Y lstgug4*s.. 1940 J - J 1 0 5 * Sale 1 0 .* 105*
Elgin Jol 4 E lstg 5s... 1941
107 1C7* 107* 107*
Registered ............1 9 4 0 J - J
104*107*
113* 118*
Eliz Lex 4 B 8. See C 4 O.
118*
Leh V Ter Ry lstgug 5sl941 A-O 113 Sale 11S
ElmCortANo. SeeLehANY.
109* J’ly ’ 07
Registered.................1941 A-O
*9 **
Brie 1st ext. g 4s............1947 M-N 115 117 117 Jan.’99
10 *00** * *6
00
90
L V Coal Co 1st gu g 5s.. 1933 J - J
117 117
2d ext gold 5s........ ...1919 M- 8 1 2 1 *...... 119* Aug’ 98
Registered................193S J
91* *08~
3d ext gold 4 *s........ .1923 M-S 118 ...... 112 Nov’08
93
93
Leh A N Y 1st gu g 4s. ..1945 M- IS 92
4th ext gold 6b........ 1920 A-O 121 ...... 321 Jan.’99
Registered.................. 1945 M -8
121 121
5th ext gold 4b...........1928 J -D 1 0 4 * ...... 104* J’ne’98
El C A N 1st g 1st pf0B.1914 A- O
lit oonaol gold 7a......1920 M-8
io i 8ep.’9’;
145* Feb.’99
Gold guar 5s............ 1914 A -0
145 145*
lBt consol gold fd 7a.. 1920 M-8
143 Dec’98
Leh A Wllkesb. See Cent NJ
Long Dock con gold 6s. 1935 A-O ♦141
189 Sep.’98
Leroy A Caney Vaa. See Mo P.
Buff N Y A Erie lat 7a.l916 J -D 140
140
Lex Av A P F. See M 8t Ry.
et.
140
33
85
Buff A 8 W gold 6a.... 1908 J - J
♦ 33
34* 33 Feb.’90
L R &M lstg 5s 1037 Tr ctfB ..
Small ............. ...............J - J
Long Dock. See Erie.
150 122
Jeff RR letgu gold 5s.l909 A-O) 105* .
122 Jan.’ 99
Long Isl’d—1st con g 5s. 1931 Q- J . *122
§
106
306
100 100
Chic 4 Erie 1st g 5s... 1982 M-N 113 .
114 Feb.’09
1st con g 4 s ............... 1931 Q-JS *101
111*114
98 100
Coal 4 RR let c gu 6s.l922 M-N
90* 100
General gold 4s.........1038 J -D
Dock 4 Imp 1st cur6s.l913 J - J *117 ......
99 101
101
101
Ferry 1st gold 4*s...,1922 M-S 100* .
N Y & Qreen Lgug58.1946 M-N 107 ..... 109 Oct.’98
Gold 4s...................... 1982 J -D 100 .
Erie 1st con g 4s pr bds.1996 J - J 93* Bale 93*
94
Debenture gold 5s......1984 J -D
05 .
92* 05
Registered............... 1996 J - j
100 ,4100
100 Jan.’99
N Y A R B 1st g 5s.... 1927 M- 8 *100 .
lit eon genlieng 4b.. ..1996 J - J 72* Sale 71*
2d Income ..............1927 Sep
73*
71* 77
Registered..............1996 J - J
107** i b * r
107 Jan.1
99
N Y B A M B con g 5s.. 1935 A- O 100
N Y 8 4 W—let ref 5».1937 J - J 108 Sale 108
Bklyu A Mon lstg 08.191] M- &*118
108
107 109
2d gold 4^8............. 1987 F-A
92* Aug’98
1st 5s...................... 1911 M-S 105
General g 5b............ 1940 F-A
98*
97*
Nor Shblstcon ggu5s..’32 Q-O 95
Terminal lstg 5b.... 1943 M-N
N Y Bay Ex R lstgu g 5s’ 43 J - J
111 Oflt.’ 98
Regis$5,000eaoh. 1948 M-N
Montauk Ex gu g 5s. ..1945 J - J
WllkAEaslatgu g 5b1942 J -D 103 Sale 103
98* 103* La A Mo Rlv. See Chi A Alt.
1035
Mid RRofNJ 1st g 6b1910 A - O •120 124 122 Dec’ 0
L B A 8t L Con on g 5s. 1939. )
J
Esoan 4 L 8up. See CA N W.
58
80 50
53
Tr Coeerts..............
J ....... 53 8ale 50*
Eureka Springs 1B g 6s. 1988 F-A
t
05 Nov’07
5 Dec’98
General gold 4s.......... 1948 M-8
Er AT H ist cones......1921 J -J
121*121* L^u A Nash—Cece) Br 7sl907 M-8 *106 ...... 100 Nov’97
121* Jan.’99
1st general gold 5b.... 1942 A -0
120* 120*
102* 102
100* 102*
NOAM lstg 0f ....1930 J - J 130 ....... 129* Jan.’ 99
102*
Mt Vernon 1st 6s....... 1928 A -0
2d gold 0s................ 1930 J - J 117 120 111 Dec’98
Bull uoBr'ch 1atg 5b.. 1930 A -0
ziEH A Nash lstg 0s... 1919 J -D 1 1 5 * ....... 117 Nov’ 98
ErAIndlstoon gu u 6s.. 1926 J - J
117* 119*
103 102* Jan.’90
100 103*
General gold 0s.... ...1930 J -D 119 ....... 119
119
Fargo A So. See Ch M A 8t P. |
Pensacola dlv gold 6s. 1020 M -8 *108 .......

F

S

H
I

D

K

E

*No price Friday; these are latest bid and asked this week. t Bonds due August, i Bonds due April. il Bonds due January, i Bond* dns J olf« aOpUoQiale

OUTSIDE SECURITI ES
Ga» Securities.
Bid.
Olty Gas (Norfolk Va)..., 35
1st 08.
{100
City H A L (F storia) 5-. { ........
•Jolumbus (O) Gas—
Stock 80
lit 5s 1032............JAJ {104
Consul id Gaa (N J)—8tck 15
1st 5b 10bo ..........JAJ 8u
Consol Gas (Pitts)........
Pref............................. 57
Bonds 5s...................
11U4
Oonsnm Gas (J City)—
8tk S0
l B t .0 8 ............................. M A N

100

Detroit Gas—See N Y Kxc h. list.

Ask.
38
94
82
100
17
81
38
58
00
103

(G

iv e n

at

foot

Bid.
Gan Securities.
Fort Wayne (Ind)—Sto .* 09
k
1st 0s 1925............JAJ 78
Grand Rapids—Stock...... 98
1st 5b 1915.......... FAA {108
Hartford (Ct) GasL...25 t 42
Indiana Nat A 1 1Gas—Stk 60
1
1st 0s 1908 ...... MAN 75
Indianapolis Gas—8tock. 108
1st 0s 1920.......... MAN 104
Jersey City Gas Light.... 210
Laclede Gas—N Y 8took Exch.
Lafayette (Ind) Gas—St k 70
1st 0s 1924.......... MAN 78

of

Aak.
74
82
101
104
05
78
115
106

7

c o n s e c u t iv e

pages).—

Bid.
Gas Securities.
Loganspt A Wab Val—Stk 50
1st 6s 1925 .......... JAD 75
Madison (Wt») Gas—Stck 93
1st 0s 1926.......... A AO {102
Ohio A Indiana—Stock... 00
1st 0s 1920 ........JAD 72
Peoples Gas A Coke— Y Stock
N
Philadelphia Co—See Bos ton L
St Joseph (M o)............
38
5s 1937................. JAJ 02*
St Paul Gas—Stock.........
Consol 5s 1944 ....MAS « f t
19
Syracuse Gas—8tock......

G A S SECU RITIES, <S
c

Ask.
Gas Securities.
59
Syr’seGas—i»t os ’46.JAJ 85
80
78
97 100
estern Gas (Milw) ....
07
5b—See N Y Stock Exch list.
105
Tele*. A Telepta.
05
American Dist Tele—NT Stock Exch
75
American Tel A Cab—NY Stock Exch
Exch Jentrai A 8outh Amer— 109 111
1st.
Jhea A Poto Teleph—Stk 50
59
Bond 5s.......... .
40
103 105
95
Commercial Cable.....
185
51* !ommer Union Tel (NY).
118
90
30
Exiplre A Bay State Tel.. 75
20
{ And interest. tPrioe per sh are

J U K

F e b . 1 1 , 1699. J

BONDS
|£|!
H.X.BTOCKEXCHANGE | C
W eek Ekding P kh. 10.

5£

Price
Friday,
Feb. 10,

C E L R O N I C L K — B O iV D
Range
Week's
Range or •f2|| since
Jan. 1.
Last Sate.

PM CUS

(5 p a g e s ) P

BONDS.
N.Y. STOCK EXCHANGE
Week Ending F eb . 10.

a s s

Price
Friday,
Feb 10.

3.

2 7 1

Week's
Range or
Last Sale.

Range
since
Jan. L
.

Bid. Ask. Low. High. Ho. Low.High.
Bid. jLtfe. Low. High. No. Low.HiQh*
N Y Cant (Con.)
Loo 4 N
ftBh (Con.)
„
Debenture g is .. 1890-1905 J -D * 07* .
125 Dec'88
104 Deo’08
StLdlT 1st it #8....... ,19211M-S .................1
Registered...,. 1890-1905 J -D *107* .
104* Feb.’00
ta gold 3«............... 1980 .H-s
107 Nov'93
Debt certs ext g 4s— 1905 >1-N *!07* .
107* Feb.'99
Hub * Dec let 7s......16(hj1 - J
J
105* 107*
Registered............... 1905 M-N ♦10?* .
104* J’ne’W
N
Sto*M(S4A!K 6a....1910*4.-0!
I07*y 107J4 G3^s..........................1997 J - J 110J4.
112* Jan.’99
34 N A O
OGU 3 5a.... 19301F- A l f*7 ........i!G7* 107*
U
110* 112*
10-vs 1094
Registered............... 1997 J - J
108 Nov’98
Sold 5a......................1931 M-N •I0rf ...... ,10=»* Jan/99,
45;
08
859i
88
Lake Shore col g 3iis. 1998 F -A 100 Sale 90% 100*
90* 102*
Dmfled g is ............ ..lo t J - J
Registered.............. 1998 F-A
99* Jan.'99
Registered..,.,.......1910 J - J
93
0y*
u
it
1.19
Mich Cent coil g SHia.. 1993 F-A 09* 100
in a Jam’ O
09
100
93 103
Fans 4 AU 1st ga js6a.192 i . )* A *110 .
■
lr
*0
loot* 21 108 109
Registered.............. 1998 F- A
03 Nov’ 9S
CoU trust .ii .
•_
. . 5a............193 1 M-N •109H ■
... '■*•* M-Sj
108 Jan.‘0y
Harlem 1st 7s............1900 M-H
108 108 Jan.'«9
108 103
LANA MAM 1st g 4*s 1045
108*' 1.08"
10^^ lUajy
Registered.. ........... 1900 M-N
loajy lo-f m
106* 106*
106* Jan/90
NFla A 8 Istgu g5s ..1037 F- A 108^ .
94 Feb.'9v
108 May‘97
NJJunoRgu 1st 4s .1988 F-A
0i
94
Kentucky Cent g 4a.. .1987 J - J 00 .
Registered...............1980 F-A
103 Jea.’08
L Ota A L&xg 4*a.,..193l M-N
West Shore 1st 4s gn.2381 J - J I l k * Sale 112* 118*
110*113
LA Jeff BgeCo gu g 4*. 1045
Registered...............2361 J -4 112 113* 112
I OB* 113
112*
LN A A 0. 5 « C U k
109 Mar‘98
...
Beech Crk 1st gn g 4s. 1936 J - J n n
108 Not' 98
Louis Ry Co istcon g 5e.l930 J - J
Registered..............1936 J - J
100 J'ne'0^
ahon CoaL See L& i l l 3.
107 250 05 107
2d gagold 5s........... 1936 j - j
auhaitan Ry con 4# 109u A -0 106M Sale 106
ll?t» 10| U« U?*i
Registered............... 1038 j - j
Metro poi El 1st g 6s.. 1908 J - J M1H Bele i n
1 ;ii09M 10*94 Clearfield Bltum Coal Corn
2d8s...a.................*1809 M-N \om ...... 1052H 102N
95 JUy'BS
1st* flat gu g isser A .’iO j - j
Men BW Oyouixg 5s.. -1934 J -D
Small bonds series B. .’ 40 j - j
Merket 8tO Ry 1st g 6*.1013 J - J
Goar AOswe 1st gag 5s.’ 42 J -D
MeK’pt A B V. See P McKAY
R W AOgoon IstextSa'ii A-O*
13’i w i s i
Metropollten El. See Man R/J
Nor A Mont 1st gu g 5s.' 16 A -0
Met St Ry gen c tr g 5*. 1007 F- A i«0 122 120V* 121
I18#i 121
12£M:195'MJan.’O , - - -i! 12a 123M R W A O T R Istgu g 5s. 18 M-N
O
BwftjA7thAvlstcg5*.i94ajJ- D1
Oswe A R 2d ga g 5s.. 1015 F-AI
Rsgtstered......... 1043 J -D !
Utica A Blk Rlrgu g 4s.'22 J - J
......‘ |iVe“ Jem'091 -•ii 12s* 127
107 Aug’98
ColA9thArlitgng5a.l00aH M -*
4
Mob A Mai 1st gu g 4a. 1001 M-3
Registered..............1003 M- 4
Cart A Ad Istgu g 4s. 1981 J -D
Lee A t A P F let gag 5*.‘03iM- SI
.Ytiii i2«5i| 4 124* 128*
N Y A Put 1st oongug4s.*08 A- O
Registered ........... M -s
N Y A North Istg 5s.. 1027 A-Ol
130 13S* Deems
38* Jen.‘99 " 88* 'V s*
M*x Cent con gold 4*.,.1011 J - J
Lake Shore A Mlob South—
let con Income g 3e...l03V| J'lft
181 Apr.'OH
Det Mon A Tol 1st 7s 1906 F-A *120* .
id con income a 3 » .,„ i# v
Lake Shore dirld 7s. 1809 A -o ! 102
HK* 101*
102* 102*
Xquip A coll a St ....
7 I - O|
Consol 1st 7 s,.,.., 1900 J - J ......
105* 1 05 *
105* 105*
74
Mex Internet 1«t o ■ i 4sl’7? M- H *♦ 1 Bale | 34*
lOOj'84* 87*|
Registered......,1000
105* U 5 *
Mex Net 1st gold A»...„1927 J - Dr 103 ....... L
106* Jan.’09
116* 116*
110* Jan.'99
Consol 2d 7 s ...,.,. 1008 f c f i
id mode ACp •txnpd.l017]M-«4
itegistered....... 1003 J -D
lift * Jan.'00
2d Income gold 8* B..1017; An-i
B* Dwe*96
116* 1 16 *
10« 1 0 7 *
liold 3 * s ........1007 J -D 1 0 7 * 108 107* Feb.’99
Wex North Ut gold 6§..19I0U - D
97 Kab * *
9“
106 106
106 Jiai-'MH
Registered.................1910 J - D
Registered.........1907 J -D
108* D eo'97
Mich Cent. See N Y CanL
ClcA 8 IstgLBAM S7s’0i A -0 ’ loa*
K AAG R let g c 5s. 1933 J - J
Mid of N J. See S Y Sue A W
Mahon C’ l RR 1st 5s, 1984 J - J 126 .
Ml1m Ry AL80-yr g 5s. 1998 K- A
181 OoL’98
,103* lOS* id, 103* 103*
Mich Out—1st con 7s1002 M-N T 12 .
M L 6 A V . See Chic A N WI
V
112 Jan.’00
1*1* 118
1st con 5s................1002 M-N 105
104* Dec ’08
Mil A Med. See Cfaic A N W
6s.............................1909 M- S 122* .
122 Feb.’y
.ft
Mil A North. SasChM ASt P
5 s ........................ .1031 M S '128 .
121* J‘ne’98
Mil A St P. See Ch M A St P
Registered........... 1031
125* Jan.’H
8
Min A St L ga. See B C R A N
I
MmnABt L -ls tg 7*.. 1927 J - l> l« 0 * 167 1*4
106* Fob.'OB
is .............................1040 t : i
US 146
I
Registered.......... 1040 j - j
1st eons gold he. . .... .103*4; M N ........U 2* 1U
~
108 Jan.*08
Uijjj 'Vo n o * U8*
126
lows ex 1st gold 7*.. 1909 J - D
Bet O A St Istgu g 3s.*89 J - D
125 185
107*
137 Jan.’Jv
Sooth West ex U t*7».1 0 U - D
106 108
137 13? iN Y Chic A 8t L Istg 4a1037 A - O 107*:3iUe 107
Registered................ .1037 A- O
104 Nov'08
Peclilc ex 1st gold O . 199l A - O is o " t i o * 128 Doc-08
s
M A P 1st 5a st is Int go..’86 J - J
N Y A Greenw Lake. See Erie
M BitJ#AA 1st g is l&t go.'90 J - J ::::::
N Y A Her. See S Y C A Hud.
...... ....
NY Leek AW. SssDLAW
MStPA88Mc-.ng Uintga 3- J - J . ..... ......
N Y L R A W . Sts Erie.
Minn 8t Ry 1st con g 5*. 1910, J - J
N Y A Men Bch. See Lwig is,
Minn 0c. See sit P M A « .
845' 9»% 05* N Y AN K . SeeS X SU A II
Mo Ken ATex—lstg*s.i90‘ 4 - D 04 U Sale 03*
Hh
104* Ool'B
6ft* -4*1* CiH
2d gold is....... ......... 1900 r-A|
J -D
71
«b>, U K
6 M
> *
Oonrert deb certs f i ,000 .. A - 0 160 Sale 178
173 ISO
180
00
1st exten gold 5s....... 1941 MN
ft..
03 Bale 85
Smell certfs $100..........
172 175
f
t
M K AT o f T Istgog 3* t rM - fi ■7* H*i« 97
180 175 Jan.t00
00 ;
a?*
•i
125
K C A Pec 1st g is ... 1990 P- A 72 8a)» 70
Honsetonlo R eon g 3s. 1937
136* Aug 08
75* S3
7V
N U A Derby con 5s... 1018
4 85
121* .
Del A We 1st gn g 5s. 1940 M- N ***** ....... 88
38*
88
Boooav BdgCogag 7s..’0ft M-N}
180 120*
120*.
N U N S 1st 7s......1003
120* 120*
......
114 114*
Tebo A Neosho 1st 7s. 190a! J - D;
1st 6s.....................1003 j - j 115
1 1 4 * J iue'OO
■ i-n * lbs
it . 9BI8I
Mo K A E 1st go g 5s.. . 194‘t jA- u j 10 4* Sale 10,H 104*
f
N Y A North. See S Y C A H.l
F
106 106*
Mo Pec—1st con g 6s. *.1990 M- Nj
l 13
1(4* 116 108* UP* N Y O A W oon Istg 5s,1030 J - D 106* ..... 106* 100*
IUU
105
104 105 *
3d7s..........................1906 M- N 114 ..... Mb* Jam*00 .... •* " ........
Refunding 1st g is .. . 1909 M -’ ' 105 Bale 104
IHHU6H
101* ...... 101* Nov’98
Trust g 5s................. 1917 M-s* 91* 06
Itegts $5,000 only... 1002 “
05
05* 11 o,H on
Registered..............1017 M
~0f|
N Y A Put. See S Y C A Ii.
75 »8
N Y A R B. See Long UL
1st coll gold 5s.. . . . . . .10vo F-A «0M H»le 00*
»«
H X 8 A W. See Sri a.
Registered.......... »198»)F- A
Pec K of Mo 1st ex g is-*3 W- A , .... I0iH 107* Jan.*99
**
i o i * tor* N Y Tex A M See So Pec Co.
id extended gold 5s. 1938 J - J *l!0 ........ I I I * Jan."90
m * i n * INorth Illinois. 8*»Chl A NW
North Ohio. See L Kris A W.
Verd V I A w is t g s * .* ^ hn-8l
Northern Peel So—
Leroy AC T A L lrt«5 « w J . J
3tL At Ml 1st estg 4*».’ *7 F-AI 105* Sale 105* 105* 77 to5* i-ttJi Geo 1st HR ALQsf gCs.’i l
H i * lie
115* Feb.*90
Registered............... 1021 j
id ext# Os,. ........... 19*7 M-N !0 n * ....... 100* 106*
117
u o r ’» «
106* 107*
ArkBrecchext.i5s.lv ' j - I J06 ....... 106
106* 30l 105* 108* at P AN P gen g 6s... 1923 K- A G29 ...... 131* Dec’98
130
8 e p .* 0 8
Registered ctfs....... 1023
Gen coo ryAtdffrtg 8**31 A - U l i t * Sale i l l
111* 8u5' 105 112
Prior lien r A l g » 4s..l007
io ifi 10 *
3
6«&c«oitsapsitdgSs(Sl A - O1 n o u i m III* Jan.'09 .... n o m *
103** Sale 10v* 103*
Regtstored............... 1907
MUsRUBdge. SssChloAAIr
100* Sep.’98
6 7 * 70
Mcb ABUrm prior Uesf 5e»’45*J - J
General Hen g 3s....... 2047
68* Sale 6 H
09
em ail...,.----- ------------ J - 4
Registered ..............2047
vO 02
02
Wash Cent 1st g 4s . , 1048
Income gold is .. . . . . . .1945,4 - j
94
****?* “ “
112 116
115
Nor Pad Ter Co 1st g 6«. 1933
e m a i l , i j..
114 Sale 114
Mob A Ohio new sold 6#..*27 J - 1 ’ i i i " tsai, 126 Jan. *00 .... i'25” ii « ” Nor Rj CaJ. See Cent Pec.
»
1st extension gold 6s. 1927
Jt
lift* 113* jNor Wla NssCBtPMAO.
it*H Feb. *90
General go<d 4s...... IM M- *»
S*
102 J’ue’98
87
82* 87* Nor A 8outh 1st g 3s----104 1
130 130
130
130
Moctgom DIt 1st g 5s 1947 F- A •107
107
107
6« 10« 108 Nor A West gen g 6s.... 1931
New River Istg «•.... 1082
123 Nov'08
Bt L A Cairo gu g i s . I9SU.J - J*
117* Aug'9ft
Mohewk A Me). See N XCAB
I Imprrml A ext g 6« ... 193 4; F-A
C O A T Is gu g an....1W92 J - J
101 Feb 'M
7
ttenongeheie KIt, See B A O
96* 97*
8d 0 VAN K Istgag4s.lW80 - * 97 Sale 97
Mont Cent. See at P M AM.
97*
N A W Ry I st oon g is. 1906
88* 9i%
92*
Moctesk Ext. Acs Long is.
02* Sale 02
Registered.............1096
Momen's Le A T. See ti P Co. *
Moms A Ec m See Dei
m ’X.
Smell.............
100n
V[ eshChel A Bt L 1st 7s.*13!J - J IM H .......
2 133 1311* , Nor A Mont. See N. Y.CenL
’ 8»H
1 1 id A ...... aa,,..,.1001 .$ - J
^
*
lndAW. BMOOOABtL ,
ltll, 10S«, Nov'9 .... ...... .....
1st con gold 5 § . 193-8*A -0
bln A Miss. See BAG 8W.
.
1 109 108
108
103
1st 8s T A Pb............1017 J - J
Ohio River HR Istg 3s~193'VJ - D
102 Jan-'IP
1st A McM MWA Ai-1017l4 - J ...... ....
s
General gold 3s..........1037 A - o
....................
1st gold A Jasper Boh. 182 J - J
s
O
-g
0 8ep.’9ft
I h lo3 ou thCoen U tg 4s. 1021 M-N
Nssh FIot A Bhef. See L A N
Eng Tr
oortfs..........
8 * Sep/98
NewlJAD. A NYRHAH
m
8u
85
J- J
84*
bS
..............
N J JQ OHR. See N Y C«r!.1
U
If J Boutbsm. See Cent N 4.1
no n s *
no
J - J L10 Sale 110
to o * 103
New A Cln Bdge.
Penn Co
104*
Om A St L Istg 4s,......1901 J -D 102 8a!e 102
n » 182
120
NO AN K prior lies gfls 1915! A-OI
F-A 129 Sale 129
....
Ore A Cal. See 80 Peo Co.
121 J’ne*0N
N Y B A Men Boh. 3<e L I.
Ore Ry A Nev 1st s f g 6«. 1009 J - J
108 May’ 07
If Y Bey Kxter, RR. 3re 1,1.
,Ore HR A Nev m ag is.. 1946 J - J
10 i n *
8
» Y Cent A H fh -1st7s.i90?! j - J *}JB *...... U 7* Jan,'99
114% U7* 'OreShort Lin* Istg 6s. 1902 J - J i l l 112 l i o * m *
Registered............1903 J - )\ •117* ........ 11 ■u
85
89*
88
8d
83 Solo
5 114* 117* , Utah A Nor lit 7s......1908
Debenture 5sof. 1884-1 eo* M- * ; jm < ....... 118* Jan.*99 .... 110* 113*
65* 74*
I 7 1 * 8al«
71
71*
Gold 6s................... 1926
Registered ...,1884-190<;m-!8 •I a n ....... 113* Jan. 09
1I3H U8Hi 're Sh L—1st oon g 5s... 1046
Recdeb 5# o f ... 18«0*1904*M-»
109* Sap.*97 .... . ..... ..... ^ Non-<ram Inc A 5s......1948 gep.i
J Noo-cu lno B A col tr.. 1046 . t *
*$ Nov. * These are option sales.
* No price Friday; these ere latest bid and asked this week, t Dae Jan. i Due J>swtgo A Rome. See N Y
, uly. i Due J One*
I 1 r T A 8t P. See CAN
L A ELECTRIC, Ac.
O U T S I D E S E C U R I T I E S (O tV E N a t f o o t o f 7 o o n s k o u t

M

O

Tale*. <V Trlrph,
Bid Ask. | T e lf f At Telerth.
BW. A*k. 1Electr y
Srte Teieg A Talep^ See Boefc Hat- Sootti.ra* AUati.tc.......
—
00
!
ns :l Bstt Knd
Franklin__
4?
50
;
W « fn Vasoa Tei.e -M T atOCk'Sxch ! Si^otr*vPnfl,|
Ooid A Stock...... .......... 117*
Fort Warns E
Bonds., .................. no
Series A
Hudson RiTer Telephone 85
99
Allegheny Co Light Co... 168 175 II General Blectrlo •
,
'
InterT. %
t\fm <»ce«n......
its
Brush Electric Co........
42
50 I Do nref.—Se* Bo*
Mexican Telegraph.,,,.., 200 305
RCdgprt (Ct) El Lt Co.35 t 40
Hartford fCM ElecLt
Mexicao Telephone. , 50 f 1*
Consol Electric Storage- 10 | Hart r d (Ct) UA Poe CO2
0
New Bna Telep—See B-s- on Jim Ui| IW ElfKtrlo Mfg C0..S5 + 13* 15 | Mo Edison Blectrl
|
rSr
Northwestern Telegraph 115
Bilh
Edison El T Co NY—N Y
il
Do preferred................
N Y A N J Telephone .
158 160
Exch Nsrragan. (PTov)E Co.30 -a
fWlwm Bl 1 1Co Bri— r
1
ft
3
B 1990................MAN 113 115
s
4
6
S ren KneoLtOo 185 .
V
e<H fc Atlearie
6«
78
«0 1 Edison Storage Co........ 34
80 Ii Rhode U1an«f
ProCo. x l l » *

' otrlo CompailsK Bid.
, ' t,j 1Can) Bleo 1,10. 185
Ik •el Welding Co
• * VfLr AP Co pre’ 1‘i
{ B5«
• 1 1) H Co. 108
H
.*nfce.
*; y-8took..

Ask.
186
100
18
071,
105

81
38W H
{ 9>
1M 97V
It 1 Ferry—5*. 111 115
YFerry—8took.
1948,........JAJ n o s 105
lAnd interest iPriom oer eh are

2 72

T H E

C H R O N I C L E - B < )N D

IB IC E S

(5 p a g e s) P age 4,

[V o x , L X Y I I I .

Range
Price.
BONDS.
since
**.2 i Friday,
N.Y. STOCK EXCHANGE
Jan. 1.
Feb. 10.
Week E nding F eb . 10.
Bid. Ask. Low. High. NO. Low.H\gK
Bid Ask. Low. High. No. Low. High
104* Oct/97
1934 A- O 120
ao Coast Co—1st #58.194# J -D 107 Bale lo e * 107 ; 20 105 107 Sav F A W 1st con g 0a.1934 A-O 1. 9
Istg 5s......................
ao of Missouri. See Mo Pac
Scioto Val A N K. See Nor A W
Panama latafg 4*8.... 1917 A-O
104* Feb.’*?Seab A Uoa 1at 5s....... . 1926
d f subsidy # ris........... 1910 M-N
110* U 6* Sea A B Bdge. See Bklyn El.
110)4 Jan.*99
Penn Co gu 1st g 4*s. .1921 J - J
Sod Bay A 8o Istg 5a... 1924 J - j
110 JMy’98
Regl»t«rod............... 1921 J -J
102*106
104
So Car AGa Istg 5s.. ..1919 M-N 103*t Sale 103
102 Nov’98
Gtd3 4aooltrustreg.l937 M-S
Southern Paciflo C o PCC A8tLoon«ug4W 8107 Jan.’98
114* 114* Gal Har AS A Istg 08.1910 F-A
114* Jan.’99
Series A................... 1940 A-O 110
n o* n o*
110* Feb.’fiO
2d g 7a..................... 1905 J -D
111) 4 Oct.’ 98
Senes B guar........... 1942 A-O *116
100* 104*
Mex A Pacdlv Istg 5a.’31 M-N 104* Sale 103* 104*
113 Nov’ 98
Series Cguar........... 1942 M-N ♦115
Houa AT O 1st W A N7a.’03 J - J
107 Dec’98
Series D 4s guar......1945 M- N ♦107
110* Jan.’99
iio * i i i “
1st g 5a lnt gtd....... 1937 J -J iio*
107%Jan.’99
107)4 107%
Pitts Cln A St L 1st 7s. 1900 F- A
Con g 0a lnt gtd......1912 A-O 110 ....... 112 Dec’98
100* Apr’97
Registered.............1900 F- A
89*
87* 8 9
*9 4
Gen g 4s intgtd......1921 A-O 66*4 Sale 88H
138* 138*4
138*4 Jan.’99
Pitts Ft W A C 1st 7s. 1912 J - J
Morgan’s La AT Istg 08.’20 J - J 138 ...... . 120* Feb.’9*
141 Nov’98
2d 7s........................ 1912 J - J
139 Jan.’99
1st 7s.................. ...1018 A-O
3d 7s........................1912 A-O*
N Y T A Mexgu Istg4a.’ 12 A-O
112)4 Apr’ 07
C StL A P 1stoon# 58.1932 A-O
97 100*
Ore A Cal 1st gtd g 5a. 1927 J - J 100 102* 100* Jan.’ 99
Registered.............. 1932 A-O
80
78
79* 167 77* 81
SA A A Pass 1st gug 4a.’43 J - J
107*’ May’98
Clev A Pitta cons f 7s. 1900 M-N 106
110 Dec’98
Tex A N O 1st 7s....... 1905 F-A
lien gu g 4*sser's A. 1942 J - J *120
100* Nov’97
Sabine div 1st g 6s. .1912 M-S
Series B.................1942 A-O *120
102 105*
105*
Con g 5s .................1943
J 105* Sale 104
Brie A Pitt gug 3*8 B.1940 J - J
109*112
112
SoPof Argu lstg6s.’ 09-10 J-Jfl 112 Sale 112
Series C...................1940 J -J
118* Dec’98
8 P of Cal Istg 0a.’05-12 A -O
Gr RAlex lstgug4*».1941 J -J
102* Nov’ 98
1st con guar g 5s. .1937 M-N
102 Nov’ 97
AUegh Valgeugug 48.1942 iM-8
100 107*
107
107
Stamped..........1905-37 M N
N AC Bdgegeugug 4*s.’45 J -J
05
90
98
9tf*
98
A A N W lBt gug 58.1941 J - J
108 May’97
FennRR 1st real eag 4s. 1923 M-N
9 P Coast 1st gu g 4a.. 1937
Con sterling g 6s....... 1905 J - J
113* Nov’98
8 Pacof N Mex 1st g0a.’ ll J - J *110
Con ourrenoy 6s rog...l905 Q-M
1
103* 100*
South Ry—1st con g 5a. .1994 J - J 100 Sale 105
100
Cong 5s.....................1919 M-S
98 Oct.’98
Registered...............1994 j - J
Registered............... 1919
107* 107*
107* Jan.’99
Mem Dlv latg 4-4*-5al990 J - J 100* .
Cong 4s..................... 1943
Registered..............1996 J - J
Cl A Mar 1st gu g 4*3.1 935 M-N
102* Nov’ 98
F Ten reor lien g 4-5a.l938 M-S
115)4 Feb.’99
DNJRR A Can gen 48.1944 M- S
Registered.............. 1938 M-S
OR RRA Bge lstgu 4s g.’36 F-A
112* Aug’07
Ala Cen R 1st g 0a... .1918 J - J
Bun A Lewis Istg 4a .1936 J - J
Atl & Ch Air Line lno. 1900 A - O
Fenaacoia A At. See L A Nash
118 Sep.’ 98
Col A Greenv 1st 5-08.1910 J - J ......120
99
, 101
99 Jan.’99
Feo DecA B lBtgOstr reo.’20 J -J
104* 104*
BT Va AGa 1st 7s.... 1900 j - J 1
....... 105 104* Feh.’99
94*
, 97
90 Feb.’99
Brans Dir lstg0Btrreo.’2O M-8
114* 110*
110* Jan.’?”
Divisional g 5a........ 1930 j - J ....... 118
20 Dec’98
2d g 5s tr rec 1st pd.. 1926 M-N
115 116
115
Con 1st g 5s.............1956 M-N 115* 110 115
Peo A East. .S C C C A 3t L
ee
124 124*
Ga Pac Ry Istg 0a ...1922 j _ j 124^...... 124
124*
120 May’ 98
Peo A Pek Un letg 6s.. .1921 Q -F 121
119 119
Knox A Ohio 1st g 0a . 1925 j - J 117 ...... 119 Jan.’ 99
90 Sep.’ 98
2d g 4)4s.........t-.Feb., 1921 M-N 1 90
123 123*
123* Feb.’99
Rich A Dan con g 6a. .1015 J - J ....... 124
137 Nov’97
Pine Creek reg guar 6s. .1932 J -D
Equip sink fund g 58.1909 M-S
101 Nov’9 ;
Pitts Cin A 8t L. See Penn Co.
Deb 5s stamped...... 1927 A-O ‘lO o * ...... 104* Dec’98
P C C A St L. See Penn Co.
no
n o *
Virginia Mid gen 5a... 1930 M-N 110* Sale 110* 110%
107)4 Oct.’98
Pitts Clev ATol lstg6s.. 1922
Gtd stamped.........1930 M-N ........H 2* 110 Dec’98
Pitts A Connellsv. See B A O.
04
24
94 Jan.’ 99
W O A W 1st cy gu 48.1924 F- A
Pitts Ft W A Ch. SeePenn Co.
117* 118* Dec’ 98
West N C 1st con g 08.1914 j - J
J *118 124 121 Nov’ 98
Pitts June 1st g 6a....... 1922
BAN Ala. See LAN.
Pitts A L Erie— g 5s .. 1928 A-Ol
2d
Spok FallsANor latg 08.1039 j - j
Pitts McK A Yo—
lstgu0s.’ 82 J - J *130 .
Statlsl Ry lstgu g 4*8.1943 J -D
2d guar 08.................. 1934 J -J *123*
Sunb A Lew—See Penn RR.
McKee A B V Utg0».19l8 J -J *117 .
Syra Bing ANY. See DLA W.
90 Oct.’98
Pitta P A F 1st g 5a......1910 J - J
111* Dec’ 98
113 113 ' (Per A of St L 1st g 4 *s.’ 39 A-O 113
113 Jan. ’99
Pitts Bh A L B 1st g5a.. 1940 A-O
110 Dec’98
L 1st con gold 58.1894-1944 p_ A H I* .
98 J’ly ’97
1st oonsol gold oa......1943 J -J
108 Oct.’9
99* St L M Bge Ter gu g 5s.l930 A-O • t o o * .
98
99
99*
Pitts A West 1st g 4a... 191 J - J
98*4
98* 99*4 Terre Haute Elec Ryg6a.’ 14 q_ j
98
J P M A Co certfs............
99M
Tex A N O. See So Pac Co.
Pitts Y A ABhlstcon5sl927. M-N
105* Dec’ 98
85* 89 TexAP Ry Hdiv lBtg 6b. 1905 M- 8
87*4 Sale 80)4
eading Cogeng 4a... 1997 J - J
9*%
43 1 0 9 * 1 1 2 *
112
let gold 53................. 2000 J -D 111* Sale 111
Registered............ 1997 J - J
51* 2401 4?% 51*
2d gold lno. 5b, Deo.. .2000 Mch. 50* Sale 48*
Rensselaer A Bar. See D A H.
Third Av 1st gold 5s.... 1937 j _ j
125* 125* 10 125* 125*
Rich A Dan. See South Ry.
100 Feb.’99 al5 104 106
94*4 Tol A O C latg 5a........ 1935 j _ J 105*,.
93
93
93* 49 01
Rio Gr West 1st g 4s.... 1939 J - J
102 Dec’98
We8t’ndlv 1st g 08....1935 A-O
102* 104*
102* Feb.*99
Rio Gr Juno 1st gu g 5s. 1939 J -D 103
.... 100
General gold 5a..........1935 J -D
75 Dec’98
Rio Gr So 1st g 3-4a...... 1940 J - J
80
85
85
Kan A M let gu g 4s. ..1990 A - O 85 Sale 85
Rocli A Pitta. See B R A P.
79
78
78*
Tol Peo A W Istgold 4s.l917 j - J 78* Sale 7«*
Rome Wat. A Og SeeNY Cent.
92 100*
106
T St L A K 0 Istg 08tr.l010 J -D 105 Sale 103
alt Lake 0 1st gal 0a. ’03-13 J - J
99 100*
99
99
lster A Del 1st og 5s. 1928 J - D ....... 100
83 84
83>4 Sale
tJo&Gl 1st g 2-3-4s.. 1947 J - J
8
mion Elev. See Bklyn Kiev
BtLAATH. See Illinois Cent.
Un El (Chic) 1st g5a....1945 A-O 107 ......
St L A Cal. See Mob A Ohio.
Un Pac—RR A 1 g g 4s. 1947 j - J 103* Sale 103* 105 720 102% 10094
St L A Iron Mount. See M P.
99* Oct.’98
Registered................. ,1947 J - J
St L K C A N. See Wabash.
07* 68
, 70
87* Jan.’ 99
Un. Pac— Co ctfs g 4*8 M-N
Tr
Bt l, M Br. See T R R A of St I.
Sale 88
0 P DAG 1st c g 5atrrc.’S 9 ......
8794 92*
117 114 Jan.’ 99
88
114 114
8t L A S F 2d g 6bCl A ..1900 M-N
, 117 114% 114*
114 114* Uni N J RR AC Co. See Pa RR
tdgold 08 Class B......1906 M-N
Utah A North. See Ore S L.
. 117 114)4 Dec 98
2d gold 08 Class C......1906 M-N
Utica A Black R. See NY Cent
1st g 08 Pierce C A 0..1919 F- A
er Val Ind A W. See Mo P.
General gold 0a......... 1931 J - J 12d* Sale 123* 123*
122 124
lrginla Mid. See South Ry.
General gold 5a..........1931 J - J 106 Bale
107 109
108*$ 109
113 115*
ab RR Co latg 5s.. 1939 M-N
. U 5* 114* 115*
1st trust gold 5a........ 1987 A-O 100
100 Nov’98
91 100
97
2d gold 5a............1939 F-A
95
96*
FtB A V BHdg Istg 0s. 1010 A-O
105 Oct.’97
Debenture aerleB A.... 1939 J - J
Kansas Mid lBtg4s...l087 J -D
33* 38*
37* 35*
37
82 87*
Senes B................... 1939 J - J
87* Sale 85*
87*
BtL A S F RRg 4b. . . . 1996 J - J
i05* 109
107
107
98
98* Istg 5a Det A Ch Ext. .1941 J - J *100
98* Feb.’99
Southw Dlv 1st g 5s... 1947 A- O
L0«* 109*
111
109* Jan.’99
StChaaBridge latg08.1908 A-O
8t L So. See lllinoia Cent.
BtL B W Istg 4a bdefa. 1989 M-N 91* Sale 90*4
92 1349 34* 92* Warren RR. See Del L A W
55 2381 40*4 55* Wash OA W. See Southern
2d g 4s lno bondotfa. .1980 J - J§ 54* Sale 51*4
108* n o *
WeatNYAPa—latgSa.1937 J - J 1 0 9 * ...... 110* Jan.’99
Bt Paul City Cab. eg 5a. 1937 J - J 105 ...... 00 Nov’9':
5 4 58*
58*
Guaranteed gold 5a... 1937 J - J *105
Gen g 3-4a...................1943 A- O 58 Sale 57*
17* 10*
1*94 17
BtPaul A Duluth 1st 5a. 1931 F- A 120 125 120
Income 5a....April, 1943 Nov. ■ 17
120
17
120 122*
2d 5a.......................... 1917 A-O 113 115 113
113
118 115 West No Car. See South Ry.
Western Pac. See Cent Pac.
1st con g 4s................ 1968 J -D 98 100
W Chic St40-yr 1st cur 5a.’28 M-N
BlPaul M A M 2d 0 s....1909 A-O *121
124 Dec’98
Dakota ext gold 0s.... 1010 M-N •123 125* 125
125
124* 125* 40-year con g 5a.........1980 M- N
1st consol gold 0b......1933 J -J 136
138*4 Jan.’99
138*4 138*4 West Shore. See N Y Cent.
Registered..............1933 J - J
W Va A Pitts. See B A O.
113 113
113 Jan.’99
Seduced to gold 4*a 1033 j - J *112
112*113* W Va Cent A P 1st g 08.1911 J - J
118* 118*
104 105
Wheeling A L B 1st g 5s. 1920 A- O
Registered............ 1933 j _ j
100* Mar’9*
105 Jan.’99
104* Dec’ 08
ont Ext Istgold 4b. .1937 J -D 105* 105*4 105* 105*
104* 105* Trust Co certificates..........
Registered............ 1937 J -D
10C 8ep.’98
Wheel Div 1st gold 5s. 1928 J - J
104 Jan.’99
104 104
SiInn Union lstg 0a...1922 j - J
Bxten A Imp gold 5a.. 1930 F - A
92* Mar’08
122* Jan.’08
itOllt C 1st gu g 08.... 1987 J - J
Wilkes A East. See N Y S A W
ISO Oct.’ 98
Registered..............1937 J - J
Wil A Sioux F. See St P M & M
115 Apr’97
1st guar gold 5s......1937 J - J
114
114
113*114* Winona A St P. See C A N W
Registered...............1937 j - J
34 Nov’97
Wls Cent Co 1st tr g 5a .. 1937 J - J
68*
EM istdlvIstg5s...l908 A-O
Engraved trust certificates.
08 SaP 04*
68* 123e 58
111* Jan.’9
V ii* i i i *
8
Registered.......... 1908 A-O
21
Income 5s................... 1937 A-O*
894 8 *
9
Nor div 1st g 4s.......1948 A- O
Registered............ 194- A-O
GAS A ELECTRIC LIGHT BON
%11A B F Istg 5s.... 1938 J -D
V1
Atlanta G L Co 1st g 5a. 1947 J -D
118 Aug’98
Registered.............. 1938 J -D
Bos U Gas tretfa a f g 5a. .’39 J - J
91* Oct.’98
116*118*
Bt P A Nor Pac. See Nor Pac
Bklyn U Gas 1st cong 5s..’45 M-N
117* 118
StPAB’xClty. SeeOBtPMAD
ChGLACCo. See PG AC Co
S Fe Pres A Ph 1st g 5s. 042 M- 8
Columbus Gas 1st g 5a.. 1932 J - J
S A A A P. See So Pac. Co.
;on Gas Co. See P G A C Co.
95* 97*
BF A S P lsts t g 5s... 1910 J - J
100* Oct.’97i ,
Detroit City Gas g 5a.... 1923 J - J
90
BONDS.
M.Y.8TOOK EXCHANGE
Wbkk Ending F eu. 10.

Week's
Range or i 5 0
,
Last Sale,

Range
since
Jan. 1.

Brice
Friday,
Feb. 10.

P

R

S

U

V
W

•No prioe Friday; latest bid aud asked this week, t Due June, t Due July. HDue Maroh.

OUTSIDE SE CURITI ES (G iven
Bid.
Ferry Companies*.
N Y A B R K6rry—Stock
78
Bonds 5b of 1932 MAN $100
N;Y A .'hr.ken—Stock
59
97
1st 5s 1949..........J&J
N Y A 8 B Trans A Ferry 26
Bond8 5s of 1906 MAN i 90
10th A 23d Sts Ferry
90
1st mort 5a 1919...JAD §104
Union Ferry—Slock
46
1st O 1020........ MAN 5103
s
$ Buyer raya accrued lntere
t Price per share.

at

foot

of

7

aDue

c o n s e c u t iv e

Jan. $Bonds duo Nov. a These are option sales.
pag es).—

FERRY

Ask.
MlncelluneonH. Par. Bid. ABk.
M iscellaneous. Par. Bid. Ask.
colter Merrall A Con. 100 99 101
80
American Screw........250 +115 140
Am Soda Foun—Com. 100
101
AmAir Power of NY. 100 68
10
70
Araerlc'n Axe A Tool. 100 20
G
O
50
1st preferred ......... 100 42
31
Amer Bank Note Co.. .50 t 39
8
15
2d preferred...........100
98
41
American Beet Sugar....
30
Amer Steel A Wire—See St’ck Exl’t
43
Preferred............. .
vmeriean Surety.>... .50 190 195
.......
*1*
American Brake Co.. 100 111 117
Amer Tin Plate—See Stoc k Ex. List.
91
106* Amer. Caramel—
Com.... 50
Preferred—See Stock K xcli. L ist.
00
47
Am Typefo’rs—Stock.100 52M 54
Preferred.................... 100
104
Amer Groo—1st pref. 100
Amer Sewing Machine. .5 r 2
"9 *
B
t.
Amer Malting Co—See Bt ock E x list. Amer Strawboard.,.,100 stM ■isH
Amer Wringer com... 100 101 102
Am Pneumat Tool Co. 10 •05 •15
Amer Press Assoc’n..l00 93 102
Pref............................. 114

<&

M ISG ELL’ S,

M iscellaneous. Par. Bid. Ask.'
12«
amer Graphophone.... 10 + 12
+ 12
12
Anderson (John) Tob.ioO 11
4
Automatic Vending... 10 t 2*
30
BarneyASm Car-Corn. 100 20
87
100
.
8ergn A Eng Br—
See Phi 1 list.
107
20
Blackwell a Durh Tob.25 + 18
02
BU b Company—Com..50 ^ 50
b
05
Preferred................50 + 60
Bond A Mort Guar.. .100 225

F e b r u a r y 1 1 , 1899.]

BONDS.

T H E

£S

N Y. STOCK EXCHANGE S t
Week Ekdiso F eb. 10. -5a.

C H R O N I C L E .— BOND

Price
Friday,
Feb. 10.

Range
Week's
Mange or I ,a|| since
Last Sale. ! « ' Jan. 1.

P R IC E S

L pages)
b

BONOS.
3’
j N. Y.STOCK EXOHA.Ni; E i
W eek Ek diss Feb 10.

P a g e t>.
Price
Friday,
Feb. 10.

iJSid.
Aik. Low. High. No. Low High
94 Aug’99
•1Valley Coal 1at « 8a.. 1920 M-N
*
111%G12% Procter A Garnb 1st g 8s. .’40 J - J
1124* li 2%
122% Feb *99
120% 122% ; St L Ter Guppies Station A
lE
Prop Co l9tgi%s 5-20 yr’ 17 J -D '
113% J’ne'OT
......
3 Tuba Wat Co con g 8s. .'23 J - j !
.......
3p Val Wat Works 1st 0s.‘08 M-S
......
Stan Rope A T 1st g 8s.. 1948 f- a ; 88
109 114
89
Income g 5s................ 3946
Sen Elec Co deb * 5 s ...l» 4 3 | J -D ....... , IH
Son Ck Coal 1st g a f 0S..1912 J -D .......
Sr Rupti LCo 1st* 5s..1915 K-A ....
TeanCoalT Div 1st g 0s. 1917 A-O!I *05
X C Me Dm Co let k 5*. 1W» A - O ...... .. . ..
107 10944 | Blnn Dlv 1st con 8a... 1917 J - J *.......
rg*eO»»-r,CoofStI,tite5s l»
108 Sale 107% 108%
Cab C M Co 1st ga g 08..’22 J -D .......
Small fcendl................. 1919 Q - T * . . . . . . . . . . . .
De Bar CAICogUR0s.’ lO F-A ......
MatFaelGseCo See PeopSas;
i
U S Leatb Co a f dob g8s.’ 13 M N ......
M
Peo Oee.tCl*t*o«S«..t901 M-N ................ 111 Nov’97
Vt Marble 1st* f 5a......1910 J -D .......
105% Dec’9S
2d gtd g 80
J"
124 124
West Union deb 7s. .1875*00 >I-N ......
l*
lat ©onsol g to.-*.......1943 A - o * ..... L2S 124 Jarn’O
Registered.........1S75-1900 n-N ------Rafundma * 5s.......JJ‘ 3 ............................... 106 Dec ’98
Debenture 7s.. . 1334-1900 M-N .......
Re«rtsiere*l.. . . . . . . . . . 1 947; M - 5* . . . . . . . . . .
Registered......1884-1900 M-N ......
01
109% 111%
Cb G-LACke 1st gn g 5s’ 87jJ - J , 109% Sal® 109% 109%
Col trust car 5a.......1938 J - J .........
107% 109
0844 108%
CouGCdOfChlrtanirSsHd'J-Dj 108% 109 108
Mnt UnTelsTd fls... 1»U 1
>1-N
0544
WqGA FCh U t*u*««.’a5 J - J ..... •*-;» l'>3% Oct-’ 08
Northwestern Tel 7a...,*04 J - J
MaFuel Gm 1st gag 5.1047 M-gj ......10?H 1094* F®b.’99
W hLE APCCo lat g 5s.’ 19 J -J
Waste O03Co ool tr g 5a«.'33, .»1-N ..... ...... 101 M»r’ »8
Bui,

net 6 u Cocoal»tg3s.. 1918,F-A]
*d Ki m 1 st ce n t e Se..l»10|M»f
lit eoti s 5s................1*05 1 - J
e
*d Ei 1 1 B'ilrn 1st a 09.1940. A- O
1
Registered. ..................• A-O
Ra SaiLN iriiteoneSs.. 32]->l-8
i i i l t FaeJ. S a P O iC C o . I

2 7 3
Week's
Range or © $
■
Last Sale.

Range
since
Jan. 1.

Ask. Low. High. No. Low High

101

Feb '9'

87
41 84%
30% S9-1 33%
Sale 105
105
10 W 100%
108 107% 107%
101 110
9^ 105
108% I02t*
117 J&n.’99
11& 11?
H
. ioT* Nov'08
Mar'98
....... 105
Sale
Sale

80
23

115% Jan.’99
111 Nav'93

118%115%

U. 8. GOY. SECURITIES- (For daily record >et sevrnih va o< p Tt'cedino.t
MISCELLANEOUS BON DS.
99%
3;. 104% 108% 0 8 2s registered....Optional Q-M 99 ........j 99 Feb.*00 ... 99
A dams Ex-Col tr* 4 a m * . n - s ;* 00% ..... tO0% 100%
3 108 108% U 3 as registered.......... 1918 .. 107 107% 107 Feb/O^
108
108%107%
108
Cot Oil debg8*...19O0|Qa-Fj*l0«
US 3s coupon ............1018:...... 107% Sale 107
107%
107 108
Am Dk A Imp 5a. Sr*Cen NJ
9 85% 87% U S 4» rejastered.......... 1907 Q-Jt 112% >.l2% 113% 112%;
8844 37M
1M% 112%
Am Spirits Mt* 1st e 8*. 1915 »-!J
... ...............
U S 4s coupon.............lOOTiQ-JL 112% U3% 112% i 13
112% 113
ar A 3 Car Co 1st g 8a. 1942 J - J
138%129
89
93% U S 4s registered........... 1925 Q- Kj 128 128% 128% Feb.*90
90 . 89
89
H'aW 1W H 1st *6a. 1946 F-A *
13S%!
128% 180%
V a 4s Coupon............... 1935 Q- F! 128 Sale 13*
*«s*-'
lab Coa! Min. 3** T CI A R.
10944 Fab *97
m 3 HIM
V S 5« registered............1904 Q- F 111% 112% 11 H M Hi
m o i t A 3t Yd col g 5a.! 915 J - J r
U 3 5s coupon................1904 Q- F 112 Sale 111 % 112 1
111% 118%
Non-cum. tBOomes 5a 1907. J - J
U S 4a regeerteiCherokee)’09 Mch 103 ...... ......
Claerf Bit Coal. 5eaN TC2H
1 to o
1
100
Col C A 1 1st con g 8*... 1900 F- A • 99% ..... 100 Feb.*99
STATE SECURITIES.
Col C A 1 Dev Co go <5«.. 1909 J - J
••
I
AlananiA—
Class A 4 to5.1908; J - J 109 ......... 108% N ov’ 98
Coupon o!T-.......... .....................
Small...............A ,...................... ......... . . . . . 105 Aim’ 9S
.103 Nov*9*'t «.
Col Fuel Co geo gold 8a. 1919 M-N j
89 Jatt.’ O ...
0|
87
00% i CUw* B5i..... ......... .. 19001 - J
J
C F A I C gen « f * 5*. 1»-*ai F- A |
oS
O
Class C 4s................... 19001J - J 100 ....... 104 Nov‘98
. 10344 Nof'USi
Com Cable Co 1st g 4a...2397 < J
y
Currency funding 4*...19201J - J
.104 Feb. *98 ..
»4««r:sT
>*re>1................. 239 # g - J
Dm of Columbia—
3*«5s.I9241F- A U8 ...... 118 Nov’98
D eBarde! CAL RTCAl.
Li^ulstana—New oon 4*^1914 J - J 109 111% 108% Jan.’99
H W. iu9)i
al A H Can. 3*4 Kbonds
|
22
92
2m
28
! 31
Sm all.........
100% Mar’98
.......
Dst MAM Id ter f %* 8 A. 19111 O • 21
A1 l Jan. W
Missouri—Funding... 1094-95 J - J
Ii 10 n o
In «7 4 T ® il tr«# f 3a.. •I J - J : .............. . 1. M — - *99:
.!!!! 104 Nov'98
N-vrto Car—
Consol 4»...1910 J - J i 04
Or air CoaIA c u t *04.1919 A-OI ................. 95%Jan.’97
Hack Wat Reor Ut*5s. 198*1 J . j
. . . . . ----Small..................
J -J
Aoa’ vt;
8».............................. 1919 A-O 130 ....... 128 Feb.’98
H®od BCo 1ft f t * 8a...193! AS-* .............. . . i l l
«o Carolina—4%* 20-40.1933 J - J 104% ......
Hoboken LA Ig
.191° M-N;
.......... ..
Tenn—Newlettlem’tas, 1913 J - .1 97% Sale ■#7M O
H
901 96% 68
I U Ots*l Co d«b 5*......1910 J - J
lv$% ..... 99 Jan/09;
.1 99
Small..,............................J - J
05
95
1 05
95
1 lffi®eo»*«lrt«Mj5A,.l0lf:A-O ........
70 Apr ’97
Virginia fund debt 2-3* 1091 J - J e6“ 88% HU*
S05< 31 32% 87
iron gtssatMAt Oo 04-. .190! J - J j
Re*n*t«rod............
J -J
SsffiO ta rO k l IstgSslWd J - D ............ ...|lP7 M*j’97i
8* deferred bond*...... .
2d ads
.............. 1990 J -D
. . . . . . . . . . . . 80 M*f*97
...... .....
13 98% 100
Trust receipts clamped.
"7 % ’ ’ 8 *
KnleA lce(dktc> 1st*5s. 1928 A -O ........... .
93% loO
8 Jan.'99
ad 8< Gard'nlst g 5*. 1919M- N ................ 102 J’ly ’97
i
................. i
UNLISTED BONOS.
« tT AT 1st a
M
--N ...... -............
......
30 80
71
... J !......
Atch Col A Pao tr ctfs,...i.... .
89%
71
Registered
.1918 U-N
.............. . Atch J Co A West 0s tr etf*.......
98 Dec '90
tfteb Psn Car Co 1st g 5*.’49 M- H 101
B A O pr lien 3%is tw l). 1935 .... . *99 SaiV* 9Q% 99 4371 9»>» v m
Mnt On To. Co. s<4 Via Un.
103 104
Ut mortis (when iss).194* ....
. 103 198% Feb.*99
atStarcb.MUCoUttf8s 29 M-N
100 Sale 99% 100 377 89 100
wpt New* M I>5s. S99’i J - Ji
AD
80% Sato 88*
04 8HM 87«
87
Comstock Tun Inc 4# ... •
919 M-N'
4 Nov’98
H T A N J Toi got: * Secy.’20 M-N
.,.41
104 AtntHi* ::::
!f Y t Out Land 1st g 6*. 1910 F- A
Second A*e (NT)let 3*. 1909 M-N
EoWestn T-i«g. 8** Wm l Cs.
FlUsb A West 5c tr ctf*.. . . . . . . . . .
tf*..riA Wat Co u 8«. 18SHH9M- N
57% Oct, 081
• No price Friday; th«w« are latest bid add asked this week, t Bouds due July t Bonds duo May. I Bonds due April, j Bonds due January aTtuso are option sales

B
C

M

N

OUTSIDE

SECU RITIES

(G

ivbx

at

foot

op

7

c o n s b c u t if k

p a o k s ) .—

B A N K S c£ M I S C E L L ’ U

W lccellsa esss. Pnr. Bid Ask
itlK *ltn nreu «, I*nr. Bid ASl.l M lecellaneoue. Par. Bid Ask.
M laerlUnffs**. Par. ^id_ Ack
lawyers’ Title los....lo6 1*0 102
Term Wareh—
8u>cfc.. 100
Carter-Crume—Pr«T. tuo 55
73
Un Typew—1st pret-.lov 104 106
10
75
1st 0s.......... ...............
OcHatotd Oo. ...... ...lo o 85
Liberty silk aim*... . . i oo! «o
70
Debenture fls.......
Cent America TFnsft.l00
%
1
C 8 tflin -Common,.100 28
Preferred-----......100
85 100
70
Cent rtrew’ rk*—Com. 100
r 10
t
Iv>rttlard tP)—Pref... 1001 116 117
Texas A PattOe Coal, 100 04
Preferred ...............100, ......
68
5
Hadls*>c xq G—Slock^l00
1st 6* 1908,_____ a AO H07%
Preferred, ----- ---- 100
48 30
U. 8. Oil— Boston list.
Si*
2d 8s 1919.,,.... MAN; .......... m
Chateaugar OrsA Ir 6* *15 30 *0
Title Guar A Trust .100 315
U 3 Project He Co......100........... 100
Trenton Pott—Com.. 100 10
20
Che* A <» Grain Kl—Ine,.
10 17% Maine 8 8..............,..,5 0 if 20
Wturner Palace CMr... 100 188 192
Preferred...............100 60
March A Miners’ 8 8-.. -50j t 80
4a............................... «5 75
70 1 WeUbach Light—
SfsPhH a. H
at.
Cbesebrough Mfk Co. 100 325 340
Mach’mcal Rub-Corn .100 85
Trow Directory-New .100 45
55
WesUajrh Air Brake...SO flOfl
Preferred.
ioo; so
Claflln <F B)-l*tpr«f.loo y*
I
Union Switch A 8i*rnal.fl0 t 31
32
WUHmantlc Linen Co..25! t 25
M
Preferred .................50
Menrenthaler lynot.— ■ Bosto n 1U
Sft
L
2d preferred — ,,..190 08
42
o9
WorthVn P*mp-Com.l00' 38
Common—Acs Stock Ex list.
Union Typesrr—
Com. 100 24% 24
Meriden Britannia Co,.23't 80 ; 95
Preferred.............. 100 102 105
Clark Mile Knd Tbr’d-100 75 79% Mich-Pen Car—
Com ..100 4S
50
Preferred,.,,........ 100 101 tOu
Oolite* C o.............1 0 0 113 ......
Bid. Ask.
Banka.
Bid, ! Ask.
Banka.
Bid. Ask.
Banks.
Color. A South 4a— 8to ck Kz.{ List.
1st 5s 1949.,......MA9i 103%i......
Col H * ATol (wh las)..- 20
Minneapolis Brew 1st 7s, 103 jlO?
N. Y. CITY. I
Kin** Co*.... 100 n o
! Mercantile.. 170
Pref (when issued/. ..
57%'
Moeler Safe Co,...... 100! ..... j 100
A m e r ic a * 1870
Manufact'r*. 280
. Merchants'.. 155
9
Bond# 4% taken Iss’d). 100%
Mottonjtahela Water...‘J5it 8
Am Kxcb....-170
Mechanics*.. 195
. Merch Kxch. 116
Nat Blscali—3** Stock Ex List.
Coosoad Car iimutar. 100 40
Aitor..........-350
!Mecb A Tra*. 250 200
. Metropolis*..
Consol Flrew'ks-Com.100
6
National Casket Co... 100, *5
Astnr Place* 240
Nassau....... 280
. Mt Moms*.. 100
25
Preferred......,,....100
National Saw-Pref. .100'
50
B ow ery*,,. 280 300 jMutual*----- ' 100 125 Nat City..... 830 846**
165
Nattonal Sarwtr...,..100
Con Kan CSmelt A Ref.33 t 82
Broad way...., 223
North Bide*.. 100 175
j 'Nassau*....... 150
75
Coesol Roiltnd Stock. 100 24
Nat tonal Wail Paper. 100 83
20
Butch'sADr.. 03
People's* .... 100 195
. New Aunt.*.. 800
33
60
Conti a. Tohac. Co .......
34
Central
Hcherm'rh’n* 140 150
. .Now York.,.. 225
-.r> N Y Biscuit «s 1911. MAE 114 17** Chase ____ 180
4 S Y Lean A Imp....... 100
Preferred.
*»»(
17th Ward*. 105 116
HIM 800
.. NewYork Co. 1450
7M
Cramps' *b A Kn Bldg. 109 78
New Jar Zigc A Iron.. 100 105
apraaue...... 200
• S T S*t « ... 90
Diamond Match Co... 100 t 49 149% X Y Air Brske—8*« S Y S toek K xch. Chatham.... 290
Chemical..,.. 4000
28th Ward*.. 140 145
. SWUi.......... 1 70
26
Bn*;*? le a d ..........
aoi* Nicholson File Co...... 50! t 24
Onion*........ 115
.1 1»(1j Ward*., 109
10 ! Oilteens*.,,.. 136
Eppeos 0m A Wietu. .100
Ntceregua Construct,IOO;
7
80
Wallabout*.. 105 lie
1450
. (North Amor. !140
Eastman Kodak Co.,, 100 too n o
Otis E3evat*>r—
Com ..... 36% «8 j City
Colonial*.... 160
. ‘ Oriental*.,. 150 175
f
Brie A W.stern Trans 50 f 38% 40
Preferred ..............
83% 89%
Trust Con.
Columbia*... 150
. j Pacific*..... 170
Federal 8tee4— Btock Kxch. listfle?
“ ’
Peck. Stow A W llc*..25 f 13
j N. Y. CITY.
Commerce... 210
. Park.......... . 400
55
Fidelity a Casualty., .ioo 250
Pegamoid, pref.........100. 33
Am Dep A L.
Continental . 128
. Peoples’* .... 200
Fidelity A Dep (B*!U..50 t 70
72% PennaylvanU Coal----.50 340
iAtlantic Tr.. 1-80 195
92
Com Kxch’ . 280
jPbenuc
Galveston Wharf—1st 5s. 99 100
Penn, dteel—3*4 Phiia. U
s
1
Central Tr’st, 1700 1S50
Kart River.. 136
. Plasa*..... . 325
Genesee Fruit........... ioo
.100 i
5s 1957 MAN .............
405
11th Ward*. 220
. iprodExch*.. 115
German Am Heal K*?.100 25
35
Penn. Water—
Com...,50
0
5
880
. Republic.... 170 200 Continental . 280
CHaoiee Sag R s f-8 « 9tk Exch ri*t.
Phi? A we Steamboat.30 > 66 [ 70% Fifth
■
Consolidat'd.
Fifth Av**.. 2730
Riverside*... 190
Goodyear shoe Mach..25 t 47%'....... Pneumatic Gun Car-(re. 10
4
Farm Lu ATr
First.......... 8500
. Seaboard — 192
Gorham Mfg Oo-C0m.i00
Pratt A Wfeitn—
Com., 100
8
,.|I00
ji Fifth Ave Tr 350
First (8t Isl)
. Second...... 450
Preferred........,,.1 0 0 112
45
Preferred .,,..,,,.100
Guaranty Tr 490
. Seventh...... 135
‘ 'H 50% Fourth ...... 170
Great Falls Ice,....... .100 120
66%
Pressed Steel Car iKnlck'rb'ab’r 300
14th Street*.
iShoe A Le’th 97
Hartford Carpet Co.. 100 61
Preferred- ............
62% i 83
IManhattan.. 180
Prank! In.....
Sixth........
Heck-J ones-J MllJ-Pf.lOO 57
61
Procter a Gamble.... 100 300 ;
; Mercantile.. 510
QWBtitn...... 300
[State*.........
1st 6s 1922.......... MAS 9<
Preferred .......... .100; 180
96
Metropolitan 320
100 State of NY* 110
Ganaevoort*.
Her’sr-HaH-Mar-Coai. 100
N Y L lA T r 350
Garfield....... *1100
Tradesmen's
Preferred....... .
100 1SH 18*|
40
PT,(«rr«I ..,,..-,...100 30
NY Sec ATr 420
German Am* 115
12th Ward*.. 120
Hoboken Land A Imp't
tod
39%
.... Rubber Goods Jtf*r,.. —
North Amer.
German K c
j*
23d Ward*... 100
5 e..,..» ** *»*n •**,.]
•
81% 85 :[ Germania*.... 830
[Produce H 215
2
x.
350
Union......... 245
Internal tonal KJevar. i 00 75
80 i Russell AKrwis........ .25 t 6i
Real JSstTr’t 235
Greesnneh*.. 165
Union Hq*.... 175
lalsrBstk«al Navi*..IOO ...... 105
Safety Car Heat A Lt.100 118
State Trust.. 250
Hamilton*... ItO
Wee tern...... 100
Internallonai Paper100 8*4 8t ock 1 Schwamcbild A nnlxb.lftO 40
45
Lnlon Trust. 1200
IIsnuTor..... 490
West side*,. 300
Kxch list- Wemet-Solvey deb 5s...... 101 103
I> e f e r r e d 100
r
IJSMtgATr. 330
.YorkvlCe*.. 100
ns
Bimmons H’rdw-fV.m.lfto 138 135 !| Hide A I/ath 103
Unit, states.. 1350 1390
180
Internet tor«*l Pu(p .. 100
124 [ Home*
Preferred .......... too 120
WakhlWfton 275
Hudson RlT*,9lO
I BR’KLYN.
latemwt Stiver—grs Stk. Kxch. list. ; Rinssr
C o.,..,...100 l i ! 430
BK KLYN.
Bedford* .... 215
Imp A Trad. 480
Do
do
pref.
84
81 i Standard D l l . . 100 470 472
Broadway*.. 100 200 Brooklyn Tr. 400
Do
do bonds. UO0 HO
8t«Ll>lst..%Pts.—Sm 860 ek Kx. List, Irrtu#....... 160
Franklin .... 29*
Brooklyn* ... 125 130
LeatherMfr. 175
Iron S t e a m b o a t .lo o
10
8tj*cd Und'rx'd Cst'ifLlOO 192
05 ll&milUm.... 2R5
Liberty ...... 150
8th Ward*...
6* 1901,
...... ,JAJ 50
00
Pints IAft 1st ft* 1917, FA A 93
Kings Co..... 390 400
Lincoln....... 750
5th Are*.... 104* 107
John II Rtetson—
Com. 100 45
Southern Cotton Oil,, .50 t <
0
L 1(0 L A Tr. 250 i.58
] First........... fi85
Manhattan*.
Preferred
....... 1O 105 115
f
fttat U RT 1st 8s*l3A40 107
;Fult«n*...... 180 aoo'1 Menaiact'r* 240
,Mtw
Jourueay %Burnham. 1ft*
...... Market A Fnl 220
edhslP-ik .........,JAJ
90
3
170
Ger Amer*.. 90 ioo Nassau ...... 184
Mechanics'..
Pref*rr*d.............. l O 25
f
rtillw-Blerre A 3m-V.lO0 96
08
People’s—
!Hamilton*-. 105
Mach A Tra* 108
Knleksffb'r fWiChto)— 0t Fx List. •iwlft A Co................100 08 100
8*
Snickerb Ire—
Onndn 5*
97
let os.........................
1)0
t Price per share.
* Bantu marked with a asterisk (•) are State banks.
Lawyets* Bnref r ...... 10* t o o 110
8ueq Coal 0s 1011... ,j AJ: 117
i Port)hatter also pays accrued Intereat.

T H E

2 7 4
B o sto n ,
r y

P h ila d a lo h ia

Monday,
Feb. 6.

39*
39
• , t 350
09
•88
•880
•171* 172
135 130
144 144

39
39*
39
39
249 250
88* 89
*230
••
•.
172 172
134 135*
143% 144

•310 318
188* 134%
« S * 113*
350 350
90
90
775 780
07
67*
84* 34%
87* 90
91* 93*
89* 90
f2 *
51
26* 26*
•42
10* 11*
•139* 140
37* 37*
27* 27*
144 144*
41* 41*
38
38*
•i*
-*
•44* 45
03
03
• Bid and

B a ltim o r e

S tock

S h are P ric e * —V ot Per C e n tu m P ric e * .

Saturday,
Feb. 4.

33
33*
*«* 46*
00
60
115* 110
•
89
•95 95*
•07
08
•26* 25%
0* 6 *
93% 93%
51* 52
•79* 80
200 200
41
44
*0* 67*
97
97
a
30* 30 9-10
15* 15*
47*
80%
85* 35*
93
93

and

Tuesday,
Feb. 7.

Feb. 8.

Thursday,
Feb. 9.

[V ol .LXVIII,

C H R O N IC L E .

Friday.
Feb. 10.

E xch an ges— A

D a ily

and

ACTIVE STOCKS.
1 Indioates unlisted.
1

R a ilroa d Slock*.
, 25
“
. 25
38% 39H 39* 40* 39% 40% Baltimore Consolidated.....
40* Baltimore Consolidated*... (Phila.) .. . 25
33% 3*% 39* 39% 40
1
246 210 240* 250 Boston & A bany............... (Boston).. .100
216 216
.100
88
88 Boston Elevated................
87% 88
88
85
* 130 ...... *230
.100
*227 ....... Boston A Lowell................ • “
171 172 Boston A Maine................. • “
.. .100
171* 171* 171* 172
.100
132 133* 133% 145% 134* 138 Cbic. Burl. A Quincy.......... • “
.100
“
142* 142* 142 143% Chic. June. A un. Stock Yds .
141* 143
.100
Preferred....... ............... a M
125 127
Chic. Milwaukee A St. Paul. (Phila/ .. .100
125 125* 125% 120%
127 137
. 50
“
33% 33* 33* 33* 33* 33« 33% 83* 34 Choctaw Oklahoma A Gulf.
33
. 50
Preferred........................ • “
45% 40* 4 b* 45% 40
46* 40* 45* 40s* 45
“
.100
•59% 00* Consol. Traction of N. J.T..
00
60
00
00
00
00
00* 60
114* 114* 114 115* Fitchburg, pref................ (Boston).. .100
114% 115
115 110
115 115
•39
41 Ga. Southern A Florida..... (Balt.) .. .100
39
39 * ...
37
37 •
39 •
.100
•93 95
1st preferred...................
•95
95
95
*94% 95* •05
•07 67* 2d preferred................... • “
.. .100
07
07
07
07
•07
25
25* 24* 35% 25* 25* 25% 23* Lehigh Valley................... (Phila.) .. . 50
25* 25
•6% 7 Mexican Central....... ........ (Boston).. .100
6* « *
6* « *
0%
a* 7
•93 95 Northern Central............... (Balt.) .. . 50
95
94
95
95
95
95
52* 51* 51* Northern Pacific............... (Phila.) .. .100
50* 50* 50* 52* 30* 51% 52
.100
Preferred......................... .
“
7854 7854 •78* 79
•78* 79
79
'7 9 * SO* 79
•
Old Colony......................... (Boston).. .100
201 201 *200%
200 200 •200
.100
45 Oregon Short Line............. • “
43
42* 42* 42* '44
43
43
43
43
00% Pennsylvania........................ . (Phila.).. . 50
66* 60% 05% 00* 65% 0c % 60* 6b*
90% 90% Philadelphia Traction.........
. 50
96* 90* 90* 96* •98* 90% 96* 97
. 50
10* 11* Reading Company............... a “
1054 11
1
10 11- .0 %
b
so*
c
1st preferred...................... a “
.. . 50
29* 29% 29 1-10 29* 2
15
15* 14* 14*
*a . 50
15* 15% 15* 15 5-16 15* 2d preferred...................... a “
45
45% 4«* 46* 40% 46* Un«on Pacific........................ (Boston).. .100
40% 47 * 40% 47
79* 79% Preferred ...........................
.100
79* 80% 79* 80% 78% 79* 79% 80
so* 34* 35* 33* 34* 34* 34* 34* 34% Union Traction.................... . (Phila.).. . 50
93
93 West End Street................ (Boston).. . 50
9i
93
93
93
93
'92* 93* 93
Miscellaneous Stocks.
325 330 327 352 American Bell Telephone...(Boston).. .100
316 319 318* 330 325 330
128* 131* American Sugar Refining T .
132*133* 130* 132% 127* 130* 129* 131
.
“
. a .100
112*112* 112 112* 112 112* 112* 112* 112 112* Preferred T.................... a *
* . a .100
345 348 Boston A Montana............. a “
348 850 348 352 348 348* 345 345
.a . 25
85% 80% Butte A Boston ................ a “
H9* 89
89
. . . 25
81* 86* 85*
785 735 Calumet A Hecla............... • “
795 799 300 738 795
. 25
785 785
09 Consolidated Gas.............. . (Balt.) .. .100
07
67* "07* 08
68* 60* 09
87% 68
34
34 Dominion Coal .. ............. (Boston).. .100
34* 35
34
34
34* 34* 38% 34
90
99* 104* Electric Storage Battery T .. (Phila.).. .100
90
88
93* 93
95* 95
99
92
95* 98* 98%101% 103 107* Preferred T..................... a U
03* 94
96
. . .100
89
89
90 Erie Telephone................. (Boston).. .100
90
90
90
90
90
89* 89
47% 48* Federal Steel...................... a “
49
bU* 48
50* 46% 48* 17* 49
. . .100
20
26
25* 25* Lamson Store Service.......
26
*25* 26* 20
“
. . . 25
•25* 20
417* 417* Lehigh Coal A Navigation.. (Phila.) .. .. 50
42
42
42
42
41* 42
41* 42
10* n *
.100
7 * 9% 10* 10% 10* 11* Marsden Company T........... a “
m u*
140 140 •139 141 *
140 140 New England Telephone...
.100
•139 141 •139 141
37% 37* 38* 30
87
37
. 25
36* 36* 30* 37 Old Dominion Copper T,...
20% 27* 26* 27* 20* 20jg 2654 26* 28* 27 Pa. Mfg. Light A Power* .. . (Phila.).. . 50
142 142* United Gas Improvement T
14!* 148* 142 143* 141* 142* 142 142
.
. 50
40* 40* 39% 40* 37* 39
39
40% United States Oil............... (Boston).. . 25
39
39
38
38
38
38% 38% Welsbach Light T............... . (Phila.).. . 5
38
39
39
1* ♦1* 1* West End Land.................. (Boston).. . 25
1*
•i*
i*
i*
1* 1*
*1*
44* 44* 44* 44* 44
44* 44* 43% 43% Westingh. Electric A Mfg..
44
. 50
03% 03 03
63* 03
03
Preferred........................... a “
03*
. 50
asked prices: no sale wab 10 7-10 10 13-10
c 29 15-10 30 7-10
a 10 1 5-10 11 1-16
38% 39
38* 88*
250 250
88
88
*230
•171 172
133* 135*
143 144*

Bid. Ask.
Bid.
NACTIVE STOCKS Bid. Ask.
STOCKS BONDS
BONDS
MISCELL.—
Concluded.
Feb. 10.
Boston—Concluded.
10
Ogd A L C cdn 0s.’2O AAO 100
21* 21& IntButHASM “
2*
Marsden prefT ^Phil) 100 40
Income 0s.............1920
122
45
Rutland 1st 0s. .’02 MAN $105
Mergenthaler.. (Boat) 100 185 180
Morris Canal...(Phil) 100
2d 5s............ 1898 FAA $100
100
Pref............. “ 100
West End St 5s. /02 MAN $105
287 290
Osceola Mlning(Bost) 25 98
4 * s ..............1914 MAS $......
98*
54
Gold 4s.......1910 MAN $......
Palmetto Co— (Phil) 25
3* 4
4s.................1917 FAA $......
39*:
i i * 12* Parrott Sll&Cop( Boat) 10 39
57* 00
Pennsyi Salt... (Phil) 50 107 100
43* 45
B o n d s —B a l t i m o r e .
Pennayl SteelT. “ 100 26*
20
21
Atl ACh 1st 78.1907 JAJ 121*
PrefT........... “ 100 50
AtlG-Lightl stos 1917JAD 102
Phil’delphia Co(Boat) 50
39
Balt Beit 1st 5s. 1990MAN 106*
Pullman's Pal.. “ 100 160 i « i
160 102
BaltCPaslst 5s.l911MAN 115
Quincy Mining. “
25 175 177
200 265
Bait Fundg 5S.1910 MAN 123
Reece Buttonh. “
10 i ist 12
24
24* Santa Ysabel G “
Exchange 3%s.l930JAJ 113
5 IS* 10
46* 48
BaltAOhio 4s g.1935 AAO
Tamarack Min. “
25 232 235
140
Pitts&Con 5 g. 1925FAA
United El Sec.. “
50
Statlsl 2d 5 g.1920 JAJ
Water Power.. “ 100
it " T
74*
WelBbach ComT(Phil)100 10*
Receivers certlf 0s.JAD
12
Do Maryland Constr 5s.
PrefT.......... “ 100 00
Westm’rel Coal “
50 50
Do Pittsh A Con 5s.JAJ
5
12
Do Main Line 5s..........
Wolverine Min.(Boat) 25 47* 48
25
45
Wollaston L d. “
5
BAOSWlst4* g. 1990JAJ
1*
54
BaltAPlstSsml 1911AAO
150
Bonds—Boaton.
1st 0s tunnel 1911..JAJ
234 235
Am Beil Tel 4s.. 1908 JAJ jio s * 103* Bal Trac 1st 5s.l929MAN 117
Minemil A SH . “
57
A TAS Fgen g 4s. '95 AAO
58
Ext A Imp 0S.19O1MAS 105*
1004,
Nesquehon’g V. *
*
55
Adjustment g 4b. .1995
50
NoBaltDiv 5s.l942JAD 120
83*
New England..(Bost)l
37
B &M 8d is 7s.’02-07 MAN
38
Conv’rtible 5sl906MAN
Pref............. “ 1
100
Boston Term’l 3*s. .1947 all* 115
CapeFAYsrA0g. 1910JAD 102*
North Penn— (Phil)
101*
Bos UnGas 1st 5s.*39 JAJ | 63
1st 08 ser B..1916 tr rec 70*
»3*
No A W Branch “
2d M 5s.........1939 JAJ $ 75
*f -11lat 0a aer C..1916 tr rec 65
70
Penn & N W ... “
BurA Mo Riv ex’pt 0s.J&J §120
Cent Ohio 4*s g/30 MAS
Phil A Erie...... “
21
Non-exempt 0s/18 JAJ §107
Central Ry 0s.. .1912 JAJ
Phil Germ AN. “
140
Plain 4s.........1910 JAJ §100
Consol 5s.... 1932 MAN 117
United N J...... “ ]
260
Ch BurA N 1st 5b.’20 A AO §107* 10794
Ext A Imp 5s/932MAS 115
........ 20
United Tr of P. “
2d M 0s....... 1918 JAO 5 °l 102* CharlCAA ext5s.l9iOJAJ 107
.......
Pref............. “
49
Ch Bur A Q 4a.1922 FAA §101 102* Chesap Gas 6s. .1900 JAD 103
........ 112
Iowa Div 4s.l919 AAO §100
CityASub 1st 5s.l922JAD 105*
59
00
Chicago Junc 5a.l915JAJ §1U 115
ColAGrnv lst5-0.1917JAJ 118
WestNYAPa. “
5
4*
S Ch A No M gu 58/31 MAN § 82
H
Consol Gas 0s. .1910 JAD 117
83
Wlacon Central (Boat) 10
3
Chi A WM gen5s.’21 JAI) { 82* 94
2*
5s................. 1930 JAD 111
Pref............... “ 10
3
5
Con. of Verrn’t os/IS JAJ * 90
Ga AAialstpf5sl945AAO 107
91
Wor Naah A R. “ 10 135
Curr’t Riv 1st 5s.’27 AAO § 05
GaCarAN1st5s g. 1929JAJ 103*
75
MI8CKLLANEOU8.
DGRA W l8t4s.'40 AAO 96
GeorglaPlst5-08 1922JAJ 123%
07
10* 11
Domin Coal lst08.’ 13MAS $110* 111
GaSoAFla lst5s,1945JAJ 109*
3
East’n 1st M 0s g.’O MAS $}>8 119* Lake R El lstgu5s’42MAS 115
0
2*
Ft ElkAM Y lBt0a’38end §137
MacAN 1st 4%s. 1990MAS
Anniston Land.
.........
Unst’p’d lat 0s.’33 AAO §137
MetSK Wash) 1st 5s’25 FA 121*
Arnold Mining.
12* 13* min Steel conv 5b.’ 10 JAJ $10S 105* New Orl Gas 1st 5s... Var
Aah Bed Mm’g.
2
De benture 58.1913 A AO §101 102
2*
NorthCent 4*8.1925A AO 110
Atlantic Mln’g.
42
42* K C CA 8 lat 5s g.’25 AAO { 65
0s 1900.................AAO 105
75
Baltic Mining..
84
34* K C Ft SAG lat 7a.’08 JAD §114 110
0s gold 1900 .........JAJ 103*
K CF SAMcon 0s.’28MAN $100% 100*
0s 1904..................JAJ 113
8* 3* K CM A B 1st 4s..’34 MAS § 91
Series A 5s 1920... .JAJ 117
35
Income 5a.................... § 40
Series B 5s 1920— JAJ 116
48
Pref...
........ 05
K CA M RyAB 5a.'29 AAO §103 104
OhioAMlst7SD1905MAN 105%
100 105
K C 8t Jo A C B 7s.’07 JAJ p b *
Pitts ACon 1st 7s 1898JAJ
Boaton Land...
4* 5* Lams’n St’re S 08/09 MAS
....... Pitt Un Trac 5s. 1997 JAJ 111
Boylaton St L’d
LRockAFS lat78/05 JAJ $106
PotomVal 1st 5s. 1941 JAJ
"45
40" L KASt L lat 6ag/20 AAO 103
SecAvTn(Pitts)5s’34J AD 115
Cambiia Steel.
10
2d M 5-0 g....l930 AAO
16*
Seab A Roan 5s. 1926 JAJ 109
81
“ 1% MarH A Ont6a../25 AAO $114
VtrgMid 1st 08.1900 MAS 110
44
44* Mex Central 5a. 1917 AAO
2d series 6s.. 1911 MAS
Domln Coai pi.
115
16
4a ................ 1911 JAJ $ 70
71 1 3d series 6s.. 1916 MAS 118
■dlaon El 111...
199 205
lat con lno 3a g uon-cum 10
17
4th ser 3-4-5s. 1921 MAS 105
Ft Wayne ElecT
2
l
2d con Inc 3a non-cum..
6
7
5th series 5a.l920 MAS 110
Franklin Mln’g.
26* 27
New Eng Tele 0a/99 AAO $100
Va (State) 3s new/32JAJ
French Bay Ld.
*
*
0s................190 AAO
Fund debt2-38.1991JAJ 80%
fleneial. Elect..
n o 111
N YAN Eng lat 7a.’^5 J AJ $120 12i
VaA Tenn 2d 5s. 1900 JAJ 100
I»rnf
11Q
1 mnrt fla.. ‘1 l •,
*1i d u 11* | Q
>
q
........ ionn tv.t 1

At Top & 8 Fe..(Bost)100
Atl A Charlotte (Balt) 100
Balt A O all pd. “ 100
Boa A Maine pf.(Boat) 10C
BoatonAProv. “ 100
Catawissa....... (Phil) 50
1st pref........ “
Central Mass.. . (Boat) 1
Pref................ “ 1
Central Ohio... (Balt)
Chic A W Mich.(Boat)l
Clt’a St of lndal (Phil) 1
City A 8uburb.. (Balt)
Conn A PaB8um(Bost) 1
Conn Rlr« r.... “ 1
Flint A I'ere M. “ 1
Pref................ “ 1
G’rmant’n Pass (Phil)
Heatonv M A T “
Pref.............
Hunt A Broad T “
Pref............... “
KC Ft 8 & M. .(Bost)l
Pref............... “ 1
Little Sohuylk.(Phil)

rss*

§

$.... ....
$ ....

Y e a r ly

R ecord .

Sales
o f the Range o f Sale, in 1899.
Week.
S hares
Lowest.
Highest.

Ask.
15
107
101

123*
107*
124
114

110*
100*
120*
05
11*
07

100
120
108
iio "
121*

114
118*
111*

71% Jan. « 72 Jan.
31,050 31* Jan. 13 40* Feb. 10
2,04 7 32* Jan. 14
10
100 216 Jan. 3
18
22< 80% Jan. 4 89 Jan. 27
227 Jau. 9 235 Feb. 1
177 170 Jan. 4 172 .Jan. 30
28,328 12i* Jan. 4 140 Jan. 23
1,207 139* Jan. 3
10
124 Jau. 12 ’ 27* Jan. 30
1,100 120* Jan. 3 129% Jan. 26
6,870 297* Jan. 3 34 Feb. 2
2,140 4-3% Jan. 14 47% Feb. 2
4,498 57* Jau. 3 01* Jan. 12
1,25* 107 Jan. 3 117 .1an. 20
s 37 Feb. e 38 Feb. 1
8 93* Jan. 12 95* Jan. 23
143 03 Jan. 1
1
27
4,480 23* Jau. 1" 27* Jan. 24
l.ioo
5 * .lan. 7
21
53 90 Jan. 21 95 Feb. 0
5,30- 42% Jan. 7 53 Jan. 30
300 70% Jan. 0 81* Jan. 20
15 198 Jan. 4 2 . 1 Feb. 3
640 42 F«b. 0 40* Jan. 23
5,208 01 Jan. 3 70 Jan. 23
1,203 9 47* Jan. 3
25
8,83u 10 5-10Feb 8 12% Jan. 24
17,404 25 13-16,1an. 7 32 9-10Jan/24
5,402 13 7-ieJan 0
24
4,33" 41% Jan. 7 50 Jail. 23
4,400 73 Jan. 0
23
38,407 3l% Jan. 7 37* Jan. 31
119 90 Jan. 3
19
3,72 1 273 Jan. 3 352 Feb. 10
41,301 1 -3% Jan. 4 137* Jan. 30
5o5 110* Jau. 10 114 Jan. 31
3,717 202 Jan. 7
31
3,58 i
3
31
4>-3
0
7
804 07 Feb. 3
24
2,98n
3
10
20,504 5-i* Jan. 10 101* Feb. 10
21,293 04% Jan. 4 107* Feb. 10
522 78% Jan. 3 9 3 J an. 10
17,370 46% Feb. h
84
170
3
9
2,430
3 42* Feb. 2
59,507
12 13% Jan. 30
30
38
4
8,77 <
;
3
3
25,183 *3% Jan. 3
10
0,701 127% Jan. 5 147* Jau. 23
5,830
3 44 Jan. 24
55i? 37* Jan. 18
9
400
i% Jan. 5 1% Jan. 27
1,340 30 Jan. 4 45* Jan. 24
55
0 04* Jan. 10

BONDS
B altim ore—Conclu’d.
West N C con 08.1914 JAJ
WestVaCAPlst6g/l 1JAJ
WtlColAAug 08.1910 JAD
Wil A Weld 5s.. 1935 JAJ

Bid. Ask.
112*
117
118

Bonds—Philadelphia
Atl City 1st 5s g ./19 MAN 111
Catawissa M 7s.l900 FAA 103
ChesAD Canlst5s/16 JAJ 52
Choc Okla A G priorlien 6s 108
General 5 s....1919 JAJ 107
Clt’s’St Ry(Ind)con 5s/33 101
Colum St Ry 1st con 5s/32 1104*
Colum O Crosst 1st 5s./33 1104*
Con Trac of N J 1st 5s./33 110*
Del A B Bk 1st 7s/05 FAA 117
EastAA 1st M 5s/20 MAN 110
Edison Elec 5s stk tr ctfs.
ElecA Peop’s Tr stk tr ctfs 99
ElmAWilm 1st 6s/10 JAJ 124*
Income 5s....2862 AAO 109
Eq 1 1 Gas-L Iatg5s.l928 108*
1
Hestonv M A F con 5s/24 116*
HA B Top con 5s/25 A Y0 100*
Internat Nav 0s......1900
K C Sub B 1st 0S./2O JAD too*
K CP A G 1st 5s./23 AAO 689,
Lehigh Nav 4*s. .’14 Q-J 113
RR 4s g....... 1914 Q-F 107
Consol 7s..... 1911 JAD L25
Gen M 4*sg.. 1924 Q-F 107
Leh V C’l lst5sg/33 JAJ 90
Leb Val ext 4s.. 1948 JAD 113
2d 7s........... 1910 MAS 132%
Consol 0s.....1923 JAD 117
Annuity 0s........... JAD
Newark Pass con 5s.l930 118*
NY PhANorlst0s/2S JAJ
No Penn 1st 4s./30 MAN 113
Gen M 7s....... 1903 JAJ 114
Penn gen 0s r...l910 Var 132*
Consol 6s o.... 1905 Var 118
Consol 5a r.... 1919 Var 125
Collat Tr 4*s g/13 JAD
Pa A N Y Can 7s./06 JAD 120
Cons 5s....... 1939 AAO 105
Cons 4s....... 1939 AAO 90
Penn Steel lst5s/17 MAN 101*
People’s Tr tr certs 4s/43 107
Perkiom lBt ser5s/18 Q-J 100
Phila Elec gold trust ctfs 104
PhAEr gen M 5g/20 AAO 121
Gen M 4s g..l920 AAO 109
Ph A Read 2d 5a/33 AAO 126
Consol M 7s. .1911 JAD 133
Con M 0s g... 1911 JAD 123
Ext Imp M4s g/47 A&O 104*
Con M of ’82 4s/87 JAJ 104
10-yrsf 5s g.1902 FAA
Terminal 5s g.1941 Q-F
P Wil A Balt 48.1917 AAO
Collat trust 4s. 1921 JAJ 110
Pitts CAStL 78.1900 FAA 105*
Read Co gen 4s, 1997 JAJ 87*
Rochester Rycon5s.l930 105*
8chRESidelst5s g’35JAD 113*
Scran Trac 1st 0s~S2MAN 112
Union Term’l lat 5s.FAA 97
United N J 4s. .1944 MAS 115*
UnTracPittsgen5s’97JAJ 110
SAnd interest.
t$l 50
*T*Hoe include* overdue coupo

110%

10 i*

99*
108*
102
70*
- *7,
108

120
117*

_,
102*

ttttt

120*
iio *
87*

paid.
ns.

THE CHRONICLE.

F e b b c a b y 1 1 , It 99.)
A B S T ttA C T

K R O I

1 e-S 1

1888.

1
’
2
P

N e w Y o r k City
B r o o k ly n .....
A lb a n y ............
N Y o r k , oth e i
N e w J e r s e y . ..
P h i l a d e lp h ia ..

* P e n n a ., o t h e r
1 T o t a l D t v .N o .2
/
1
5
2
B

D e l a w a r e ........
B a ltim o r e . ..
M a r y la n d , o t h
W a s h in g t o n .
D iet. C o L . oth .
V lr ir io la ............
1 W eet V ir g in ia .
t T o t a l D l v N o .3

( N orth

*

*

2 ,7 0 3 .6 8 7
1 ,4 1 1 ,29b
1 ,5 0 8 ,5 3
1 4 .4 1 1 ,2 7 5
1 4 .9 0 3 .3 7 8
4 ,5 7 4 .1 2 7
7 ,9 5 8 ,7 5 *
4 7 ,4 7 1 ,1 .4 5

47 4 M ,7 0 u ,0 0 0 4 3 .0 1 1 .0 0 6
1 .3 5 2 .0 0 0
2 .3 0 0 , 0 0 0
5
1 ,5 6 0 ,0 0 0
1 ,3 7 2 ,0 0 0
6
2 6 7 3 1 ,1 4 2 .8 4 0 1 0 ,8 9 4 ,2 3 2 !
1 4 ,* 9 5 ,0 0 0
8 ,3 4 6 ,2 5 0
101
37 1 9 .6 5 5 ,0 0 0 1 4 ,4 7 5 .0 0 < j
2t* 1 1 ,8 0 0 ,0 0 0
9 ,1 1 2 .0 0 1
3 6 0 4 0 ,8 0 9 7 8 0 . 2 2 ,0 5 0 ,7 8 6
*<65 1 6 9 ,8 6 4 ,6 2 0 1 1 1 .5 9 1 ,2 0 8

36
33
170
27
16
2
27
15
26
10
7
12
»
181
7
6
«»
19

2 ,6 9 1 ,0 0 0
1 .9 1 3 ,0 0 0 !
7 5 0 ,0 0 0
3 ,1 6 6 .0 0 0
1 ,1 5 0 ,0 1 0
3 .2 0 5 ,0 0 0
‘$ 5 5 ,0 0 0
2 .3 o o ;0 0 0
StO.OOu
1 ,1 5 0 ,0 0 0
1 7 ,9 1 5 ,0 0 0
1 .0 7 0 .0 0 0
2 .800.000
8 , 10 0 ,9 0 0
8 ,0 3 5 ,0 0 0

Individual.

Other.
$
2 8 2 ,57£
490.941
300.5y<
3 .7 7 2 ,8 2 6
2 ,2 6 3 ,5 6 *
9 5 ,7 9,
1 ,0 7 6 ,1 0 2

1

H A D E TO

T H E

C O K P rB O L L B K

Loan» it u u Qota
counts, fin eri 1 gold U.H. i Treasury
overdrafts . i certificates certificates
*
*
*

Silver.

D E C . 1, ls « S .

Treasury
certific’la

Ijty. bC/Ui> S
8. c/}ts
dcpo-,%'.

oC U.

8 ,2 0 2 ,4 0 2

2 1 ,8 3 6 .3 6 :
1 ,0 4 7 ,8 8 ;
1 1 ,2 3 4 ,2 8 c
4 7 0 , *3 c
1 1 .7 0 3 .1 4
6 1 3 ,8 8 !
1 7 4 ,3 9 8 .1 2 2
3 ,1 1 6 ,9 8 5
1 0 7 ,9 2 6 ,S 8 t 3 ,5 1 2 ,5 8 7
3 4 ,9 6 1 ,2 7 5
752 .91 fc
4 5 ,2 4 8 ,3 9 7 2 ,0 2 7 ,7 8 b
4 o 7 . 4 o 8 . 4 05 2 1 ,7 4 2 ,8 7 t

*
*
3 0 ,8 0 0
1 2 2 ,6 0 ;
1 4 5 .2 8 :
4 0 3 ,3 7 1
2 ,0 2 0
9 7 ,0 6 (
1 4 0 ,7 1 1
2 9 5 ,3 6 5
2 3 ,3 5 0
8 5 ,5 2 !
t y ,4 ik
1 ,6 4 6 ,6 7 0
2 1 7 , 2 6 : 2 ,0 7 9 .0 9 b
6 ,8 8 0 ,8 7 6
1 9 3 ,U 50
5 7 5 ,4 5 1
8 4 2 ,1 1 1
2 ,4 7 4 9 5 7
l u 1 ,8 6 0
1 3 0 ,9 9 6
1 9 7 ,5 4 !
6 4 3 ,9 5 0
3 4 0 ,6 .t o !
2 4 5 ,3 0 b
4 03 ,68 .1
9 6 2 ,1 0 1
2 .3 4 4 .3 S O 1 ,4 7 4 ,1 0 © 3 ,9 6 7 ,a l b 1 1 ,9 1 6 ,4 9 6

4 7 3 ,0 6 8 ,2 0 5 4 4 ,3 9 4 ,7 0 0
1 9 8 ,4 5 5
1 7 6 .1 4 .0 3 1
6 ,u 3 1 .5 2 1
2 5 6 ,7 4 1
1 .0 7 1 ,1 5 )
9 9 ,8 2 6 ,5 4 5
0 1 .7 0 7 .4 2 2
1 ,1 7 7 ,0 7 2
1 1 7 ,7 7 1 ,7 9 7
4 .0 7 3 .39S
4 6 , 1 9 1 ,0 5 2
9 8 4 .8 U
1 3 1 .5 6 5 ,6 2 1 2 .4 6 7 .8 3 1
9 5 6 , 1 5 7 ,o 6 0 5 5 ,2 4 4 ,3 5 3

4 9 3 , 3 * 0 ,6 6 1 1 3 0 5 9 4 4 7 4
l ,o 5 6 ,1 5 u
11.3*21.401
5 4 9 ,4 0 y
7,1 0 9,19 -4
9 0 ,1 4 3 ,2 6 5 3 ,9 6 8 ,3 4 7
1 ,9 2 5 ,4 7 6
53,173,22*1
1 0 0 ,4 0 1 ,6 8 2 1 2 ,0 0 5 ,7 1 2
4 7 ,0 1 2 55b 3 ,1 7 3 ,3 0 6
1 1 5 . 9 c 0 . 1 8 9 0 .3 3 2 ,5 7 3
9 1 9 ,3 1 .1 ,4 9 2 1 5 9 6 0 5 6 0 0

6 ,3 !8 ,6 u t *
1 7 3 ,0 0 0
3 3 0 ,7 5 0
4 9 6 ,2 5 0
2 5 0 ,0 0 0
1 5 9 .2 9 0
4 1 0 ,5 5 0
3 8 6 ,3 7 0
8 ,5 /1 ,4 1 0

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

9 5 2 .7 0 1
5 .1 9 5 ,8 7 5
1 ,7 1 1 ,2 6 2
1 ,2 1 7 ,4 5 6
1 5 0 ,0 0 0
2 ,9 0 2 .5 5 0
8 9 8 ,2 7 'i
* 0 , 1 3 8 , i ‘25| U . 0 2 8 , 1 1 0

10
22
48
11

B AN K S

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

1

1 1 .0 7 1 ,0 0 0
5 ,8 8 0 .0 0 0
6 ,8 8 6 ,0 0 0
4 9 . 6 5 0 ,0 0 0
s:
4 2 .3 7 7 ,8 0 0
211
S' 1 9 ,3 3 7 ,0 5 0
2 1 ,1 8 1 ,0 7 0
sc
583 1 5 6 ,3 3 1 ,b2tl

3 Mas.**., o t h e r .
11 .R h o d e (a la n d
C o n n e c tic u t..
X T o t a l D lv .N o .

N A T IO N A L

Surplus.

SI

g

2

Capital.

a

( M a i n e ...............
• N . H a m p s h ir e
o

I

K K P O K T « OK T H E

275

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

5 0 .1 0 5
2 ,4 3 5 .2 t S
2 >2,5(JC
4 8 9 ,7 0 2

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

1 ,7 9 3 ,5 1 0
4 3 5 .0 5 1
5 ,4 7 7 ,2 2 ©

6 /8 ,4 6 1
1 0 0 ,5 o t
4 5 ,3 4 3
6 6 0 ,3 5 b
3 9 4 .9 0 0
0 O 3 ,8 1 o
2 9 3 ,0 3 7
l,0 7 0 ,3 u 5
3 ,8 4 7 , i0 O

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

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

7 5 ,* 7 w
1 6 4 ,0 5 8
1 6 s , 3 1 7 1 ,1 8 1 ,1 1 3
1 0 1 ,0 4 1
1 0 3 ,07C
4 8 ,9 1 9
5 7 2 ,9 8 6
1 0 ,5 3 4
2 1 ,3 8 b
1 7 1 ,8 7 6
2 1 6 ,5 4 6
8 6 ,2 3 1
1 3 3 ,7 5 6
6 6 3 ,1 9 7 2 , 4 4 3 , 0 1 /

l o 0 ,3 3 3
2 ,7 2 6 ,4 1 1
4 -7 ,9 9 6
8 1 0 ,9 5 7
1 2 ,2 7 3
7 3 9 ,4 3 4
4 1 4 ,2 3 0
5 ,2 6 7 ,6 3 4

8 2 0 ,4 3 5
7 4 9 .9 4 6
2 2 5 ,0 0 0
1 .0 8 6 .1 1 9
5 1 2 ,7 0 2
6 5 9 ^ 6 19
4 0 2 ,0 5 0
2 , 355 ’ u o o
^81^2‘ 0
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2 ' 0 6 . 0 7» « I 0 0 ?• 4 '4 ft l « 0 a

<8 6 2 7*1 12’

2 .3 8 3 1 9 3 0 4 .3 * 3

276

THE CHRONICLE.
Roads.

it m e s lt t t m i

[VOL. LXVILL
Latest Gross Earnings.
WeekorMo

AND

■ ijla ilr o a d
R A IL R O A D

E A R N IN G S .

The fo llo w in g table show s the gross earnings of every
STEAM railroad from w hich regu lar w eekly or m o n th ly returns
3an be obtained. The first tw o colum ns o f figures g iv e the

gross earnings for the latest, w eek or m onth, and the last tw o
columns th e earnings fo r the period from Jan u ary 1 to and

Including such latest w eek or m onth.
The returns o f the street railways are hr aught together sep­
arately on a subsequent page.
R oads .

L a test Or 0 8 8 E a rn in g s.

WeekorMo

Adirondack-----(November.
Ala. Gt. South. 4th wk Jan.
Ala. Midland.. November.
Ala.N. O.Tex. A Pao. Juno.
N Orl.AN. E January...
Ala. & Viokab January...
Vloks.Sh.AP. January...
Allegheny Val. Decetnber.
Ann Arbor........ lstwk Feb.
Ark.M idland.. November.
Atoh.T. AS.Fe.e December.
Atlanta & Char November.
Atl.Knox.ANo. January...
Atlanta & W. P. November.
AtLC’ stLineS.C December.
Atlan. AD anv?. 4thwkJan.
Austin AN’west Novemb’r.
Balt. A Ohio— December.
Bal. A O. Sou’w. 4tliwkJan.
BathAHam’nde December.
Blr. & Atlantic. January...
Brunaw’kAWeat November.
Buff.Rooh.APitt 4th wk Jan.
Buff.StM.AS. W November
Bnifalo A Siisq.. December.
Bur.C. Rap. AN. 4th wkJan.
GanadianPaoifie nliwkJan.
Oar. Midland ..; November.
Oent.ofGeo' gla. 4thwkJan.
Central of N. J .. December.
Central Pacific Novemb’r.
Charlest’n&Sav November.
Chas’ n A W.Car. Novemb’r.
Chattan’ga S o.. 2d wk Jan.
Ches. A Ohio— 4tliwkJan.
Ohio. Bur. A Q.d December.
Ohio. A E ast.Ill. lstwk Feb.
Ohio. Gt. West’n 4tb\vkJan.
Chic. Ind. & L .. 4th wkJan.
C hio.M il.A 8tP . lstwk Feb.
Chio.AN ’thw’n. December.
C hio.Peo.A StL. January...
Ohio.R’ k I.& P .. December.
Chio.St.P.M.AO. December.
Ohio.Ter.Tr.RR. 4thwkJan.
Chic. A W . Mich. 4tli wkJan.
Choo.Ok.AGulf. 4th wkJan.
Cin.G.APorts’ tb January...
Oln.N.O. A T . P. January...
Cin.Ports.AVir. January...
Clev. Ak. A Col. 4 tli wkJan.
Clev.Can. A S o.. 4thwk J an.
OLO n . Ch.&8t.L 4tliwkJan.
Peo. A East’n January...
Cl.Lor. AW keel. »stwk Feb.
■ Col. Midland___ January ..
C ol.H .V . & T ol. January...
Col. Sand’y A H. 4thwkJau.
Colusa & L ake.. January...
Crystal.............. Novemb’r.
Oumb’l’d Valley December.
Deny. & R io Gr 4tli wk lan.
D esM . N. A W .. December.
Det.G.Rap. AW 4th wkJan.
Det. A Lima No. 3dwk Sept.
Det. A Mackinac December.
Duluth S.S.&Atl 4tbwkJan.
Elgin J ol. AEaet. January...
Erie.............. December.
Eureka Springs. December.
Evans. < Ind’piiH 4thwkJan.
fe
Evansv. A T. H 4thwkJan.
Find. Ft.W.AW. November.
Fitchburg.......... Ootoner...
Flint A P. Marq 4thwk Jan.
Fla.Cent.& Pen. 4thwbJau.
Ft.W ’thADemC. 3d wk Jan.
F tW . A R io Gr 4thwkJan.
Gads. A A tt. U. January
Georgia R R .___ 4tli wk Jan.
Georgia & A la.. 4tliwkJan.
G a.C arilaA N o November.
Geo, So. A Fla.., January...
ar.aap. &Ind.. 4th wk Jan.
01n. S it Ft. W . 4tliwkjan
tTraverse City. ItliwkJau.
Mua.G. R. tfel. 1tliwk.Jan.
Tot allUnes. uhwk.Ian.
Gr.Tr’nkHyst'm -UhwkJan.
Chio.&Gr.Tr. i,l wk Jan.
Det.Gr.H.<kM. 3(lwkJau.
Great North’n—
8t. P. M. & M. January...
East of Minn. January...
Montana Cent lJanuary,..
Tot. system J an uary...
G’lfB’mntAK.G January...
Gulf A Chicago December
Hoos.Tnn.AWil. December
H o u s.A T ex.O en Novemb’r.
Illinois Cemtrail D ecem b er.
Ind-Deo.AWest. October...
Ind.ni. A Iowa. December.

1898-9.
9
13,690
52.6 55

61,0b7

1897-8.
14,372
49,159
57,837

Jan . 1 to L a test D a le .

1898-9.
$

192,780
155,568
776.092

1897-8.
$

184,636
165,280
6 2 5 ,9 2 3

129,901
13^,738
129,901
133,738
69,8 69
73,925
73,925
*>9,809
66,5 45
66,545
67,354
67.354
2 2 7 ,14 0
2,669,447 2,553,135
228,188
2 5 ,4 2 0
151,903
162,203
25,493
18,140
108.799
112,800
18,280
3 ,886,773 3,609,109 39,875,968 36,506759
168 .07 0
1,515,570
148,489 1,586,848
27.411i
27,411
25,020
25.020
56,125!
531,123
507,565
54,064
191,136
174,914
12,850
‘43,908
10,610
43,661
13,970
136,242
19,4< 6
160,064
2 ,472,934 2,404,410 28.359,156 26,163,177
144,367
502,259
505,053
146,488
3,397i
36 613
39.697
4,094
2,039
2,039
1,980
1.980
51.9 92
567,022
529,236
50.188
9 7 ,1 0 0
290,777
283,199
91.355
30.4 68
292.5} 0
6 2 .7 8 0
683,629
55,183
62*,899
117,331
353,471
303,329
95,334
5 5 8 .0 0 472,0"') 1,864,000 1,672,372
5.889
54,526
59,978
5,435
157 ,86 5
504,073
162,629
522,698

13,187,270
1,430,671 1,399,595 14,677,517
44,347
607,932
40,960
82,150
79,621
1 ,0 2 0
**2,008
1,192
306,528 305,11S
918,635
3,627,202 3,476,547 43,163,944
91,900
83,100
486,988
150,164 120.757
443,783
78,787
241,302
68,976
630,191 570,477 3,580.599
3,272,914 2,675,108 37,151.015
66.665
66,665
78,059
1,741,711 1,734,782 20,831,682
947,7* 5 727,344 9,590,993
25.206
91,548
23,781
46,722
31,324
144,825
37,816
123,958
24,791
4,478
4,478
4,382
353,681 332,835
353,6S1
21,415
21,415
18,649
2 2 ,0 6
67.827
21,440
i 6,530
52,607
16,930
325,025 338.022 1,040,197
145,093 147,016
145.093
25,643
152,661
24,454
135,500 145,664
135,500
224,uH 211,605 • 224 011
19,250
56,147
18,395
1 ,2 0 0
1 ,2 0 0
1,700
1,169
1,233
13,195
88,353
870.387
78.988
226,200 195,600
717,300
39,591
520,164
37,231
30,094
100,934
25,579
8,917
308,753
8,762
37,689
522,192
29,616
48,982
36,492
152,056
137,765 114,611
137,765
2,738,453 2,793,295 32,806,010
4,727
3,906
57,469
8,124
25.674
7.461
32,097
9S.503
29,634
7,473
6,051
726,718 727,162 6,055.470
75,927
241,348
72,248
64,839
206,360
54,247
26,530
74,950
20,558
12,377
11,681
4 2 -6 9
703
664
/03
42,229
45,457
130,279
28.163
103.204
34,723
95,396
795.786
83,706
75,202
83,732
75,202
50,782
174,492
44.020
f0,736
11,019
36,338
1,141
3,332
723
2,634
2,687
7,122
65,293
221,284
58,449
636,366 596,203 1,956,281
80,280
68,366
239,822
19,554
17,203
90,944
1,221.297 1,087,784 1,221,297
177,167 104,948
177,167
180,630 173,683
180,630
1,579,094 1.366,415 1,579,094
20,155
10,014
20,155
8,442
7,367
61,8*9
4,137
3,30.9
54,507
444,195 375,639 3,196,431
12676,162 <2578244 12-7645851
43,031
43.189
392,814
66,662
70,888
836,944

13,2 2.772
13,031,653
548,177

2,428
954,353
39,890.255
439,575
369,236
222,331
2,931,774
33,474.068
78,059
18,955,389
8,652,793
90,636
108,155
90,989
4,332
332,835
18,649
67,773
53,119
1,098.573
147,016
153,472
145,664
21 L,605
68.683
1,700
12.405
836.317
631,000
430.382
93,419
180,829
461,233
114,128
114,611
33,137,072
62,790
23.762
95,456
6,005,983
234,446
185,621
64,233
38,791
664
144.044
108,628
806,322
83.732
153,743
32,537
3,137
8,595
198,012
1,916,332
205,746
49,084
1,087,784
104,948
173,683
1,866,415
10,014
52,416
54,689
2,859,049
124788995
393,849
758,488

In.A G tN orth’n. lstw k Feb.
Unteroo. (Mex.)i vVk Jan 21
Iow a C en tral... h stwk Feb.
iron R a ilw a y ... j anuary...
Jack. T. A K.
January. .
Kanaw’aAMicD 4th wkJan.
K.C.F. Scott AM. 4th wkJan.

1898-9.
$

Jan. 1 to Latetl Datt.

1897-8.

1898-9.
!

*

1897-8.
i

$

69,905
69,190
384,697
400,485
74.500
6 8 ,2 0 0
216.000
181,270
39.501
33,806
203,609
167,535
4,057
3,498
4,057
3,498
33,663
30,637
359,017
304,492
13,944
12,468
4^,600
42,457
111,549 101,870
333.823
346,465
K.C.Mem.A Bir. 4th wk Jan
37,385
40,890
125,702
131,882
Kan. C. N. W.... January...
26,942
30,906
26,942
30,906
Kan. City AOm. 4tli wk.J an.
6,065
7.879
21,654
23,852
K. C. Pitts. AG. 1stwk Feb.
72.460
62,479
370,875
325,119
Kan.C.Sub. Belt, 4thwkjan
16,023
12,266
47,620
35,560
Keokuk A West.c 3d wk Jan.
9,8»5
1 2 ,0 0 0
32.798
36.000
L.
Erie A West..
95,860
4tliwkJau
84,905
274,129
275,727
Lehigh A Hud.. January.
43.460
29,077
4 <,460
29,077
Lehigh Val. RR December. 1 “ 90,991 1,539,113 19,994 4 0 19,546,940
Leli. V. Coal Co December. 1,770,813 1,419,914 16,928,96 4 17,616,015
Lex’gtonAEast December.
16.999
15.306
249,814
204,078
LonglslandRR January... 233,272 237,491
233,272
237,491
Long Is. System. January... 239,608 246,472
2 <9,608
246,472
Los Aug. Term. December.
6,539
7,384
90,831
93,248
T .n n iia ir t r
1
Louis. fEv.ASt.L. 4 th wk Jan.
40,470
41.306
116,487
119,8-4
Lou.H. A St. L.. UhwkJan.
16,111
14,127
44,270
35,962
Louisv.ANaskv. 4th w kj an. 623.645 635,908 1,896,130 1,807.683
Macon ABirm January...
5,322
5,894
5,322
5,894
Manistlque... Jauuary...
6.879
10.640
6.879
10,640
IMexican Cent.. ithwkJ an. 376,515 363,368 1.223,790 1,077,5(15
Mexican Inter’i. Novemb’r. 313,993 251,526 3,0*2,310 2.757.418
JMex. National 4th wk Jan. 166,151 141,423
550,390
463,813
Mex. Northern. November.
53.038
39,036
54*- .377
537,177
IMexican R’ wav WkJan..21
87,900
81,200
2*8.800
230,000
Mexican So.
13,550
3d wk Jan.
15,777
38,180
41,218
Min neap. A St. L. lstwrc Feb.
38.078
36.457
196,594
182,969
M.
St.P.AS.St.M.
75.389
4tk wkJan.
70,236
240,591
259,985
Mo. Kan. A Tex. 4th wk Jan. 335.909 3 27,949 1,007, ft29 1,' 24,492
Mo.Pac.AIronM 4th wkJ an. 751 000 7 25,000 2,120.551
2.098.419
Central Br’oh. 4thwkJan.
35.000
35,00
90,977
107,262
Total.......... 4thwk J an. 789,O O 769.00
U
2,21 ,928 2,205.681
Mobile A Birin. January...
34,5-0
43,033
34,580
43,033
Mobile A Ohio.. January... 4- 8.80
373,134
4' 8.8 0
3 3,134
Mont.AMex.G’f. December. 111,714 129,851 1,399,475 1,392,106
Nash.Oh.ASt.L, December. 549,720 458,379 5,934,206
5,160,929
NevadaCentral. October...
3,239
4,305
N. Y. C. A H. R January.:. 3,635,050 3,407,306 3,635,050
3.407.806
N. Y .O n t.A W 4th wkJan. 108,021
305.177
88,298
287,787
N. Y.Susq. A W. December
221,472 230,087 2,328.143 2,267,613
Norfolk & West. 4th wk.Jan. 226.645 187,776
946,142
886,188
North’ n Ala. Ry. 4th wkJan.
6,290
5,446
20.3 9
16,882
Northes’n (Ga.). October...
7,855
9,227
55.867
52,086
North’n Central December. 613,640 586,440 6,66 4,003 6,732,703
North’n Paoific. 4thwkJan. 548,417 510.163 1,611,894 1,526,520
Ohio River........ 4thwkJan.
18,840
18,446
70,072
71,476
Ohio Southern.. January...
75,: 58
62.323
75,258
62.323
Oreg.RR.ANav. 4th wk Jan. 134,997 127,979
484,246
469,496
Oreg. Sh. Line.. December. 655,509 531,081 7,025,695
5,969,607
Pao. Coast Co.. December. 358.437 319 857 5,263.317 3.978,17 L
Paoific Mail...... December. 404,960 3 27,076 4,500,991 4,179,481
Pennsylvania^.. December. 5,737,004 5,617,804 63,603,612 64,223,012
PeonaDec.AEv. 4th wkJan.
22,284
19,564
71,337
70,3 L3
Petersburg....... Septemb’r.
46,778
40,510
489,015
432,235
Pliila. A Erie... November. 492.703 496.164 4,198.096
4,255.056
Pliila. A Read... December. 2,006,794 1,947,585 22,095,156 21,284,865
Coal A Ir. Co. December. 2,553,947 2,024,988 21,848.047 22,448,534
Tot. both Co’s. December. 4,560,741 3,972,573 43,943.203 43,733,399
Phil. R. A N. E. December.
62.510
57,952
643,408
664,837
Phil. Wilm. A B. December. 828.703 744,903 9,919,421 9,093,721
Pitts.O.G.AStL. December. 1,492,330 1,588,947 16,246,516
15,169,656
Pitts.Lisb.A Wn January...
3,138
4,202
3,138
4,202
Pitts.Bes.AL.E. lstwk Feb.
14,979
6,28 L
97.248
69,337
Pitts. A Wes’n.. 4 th wkJan.
38,767
30,888
120,03?
100,384
Pitts. 01. A To 1 4 th wkJan.
.
20,929
20,347
66,136
66,129
Pitts. Pa. A F. 4thwkJau.
6,131
5,011
19.9^1
16,287
Total system. 4tliwkJan.
65,827
56,246
206.164
182,800
Pittsb.Yo. & A .. December.
79,514 103,100 1,449,919 1,452,707
Rlch.Fr'asbA P. December.
70,298
54,487
861,173
697,935
Rich. A Petersb. Septemb’r.
28.239
26,827
293,473
256,751
Rio Grande Jot. November.
33,482
37,459
354,271
339,663
RioGrande So’n 4 th wkJan.
13,588
11,618
38.463
37,706
RioGr’de West. lstw k Feb.
39,700
41,700
273,900
269.700
Sag. Tusc. A H. January. .
9.417
7.994
9.417
7,994
St. Jos. A Gr. I... 4tliwkJan.
31,640
23,866
107,340
95,107
St. L.Clii.ASt.P. wanuary...
i
Jm
26,801
28,183
26.801
28.183
6,946
• SP’
J*
J anuary...
6,747
6,946
6,747
St.L.ASanFran. UthwkJan. 188,013 163,099
567,316
494,884
St.L. Southwest. 4thwkJan. 179,900 167.000
499,600
478,494
St. Paul A Dul.. January... 114,248
98,255
114,243
98,255
San. Ant. A A. P December. 172,483 190,375
2,116,128 2.051.807
San Fran.AN.P December.
67.000
59.324
876,825
805.660
S. FePres. APh. 4th wkJan.
24,638
14,821
69,763
51.153
Sav .Fla. A W est. November. 301.438 297.694 3,789.138
3,112,464
Sher.Shrey.A8 o. 4 th wkJan!
18,328
9,799
36,506
31,181
811. Sprs. O. A G November.
21.431
13,668
253,695
175.488
Sioux C. & Nor. October...
40,726
43,562
228,6 ;7
222 985
80 . Haven A E. j December.
2,390
1,658
So. Pacific Oo.
Gal.Har.AS.A Novemb’r. 547,857 403,971 4,993,597 4.010,582
Louia’a. West 1
Novoinli’ i'
109,612
62,166 1,120,487
790,661
Morgan’sLAT. Novemb’r.* 637,449 505,583 5,740,905 4,446,292
N.Y. T. A Mex. November.
29.451
35,899
305,865
317.200
Tex. AN .O rl.. Novemb‘r. 1*4,924 108,467 1,546,131 1,301,271
Atl. Prop’tes .6 November. 1,519,454 1,164,275
So. Pao. of Cal. Novemb’r. 1,2-*7,713 1,316,297
Bo.Pao.ofAriz. Novemb’r. 279,653 235,2 3 2 ,8 4 0 ,4 0 3 2,306,860
So.Pao.ofN.M. Novemb’r. 146,681 108 862 1,441,340 1,205,801
Paoific systemi Novemb’ r 3,381,6-25 3.302,106
Total of ail.j December. 5,236,805 4,812,331
Southern Ry.fi?.. 4 th wk Jan . 675.084 597,140 58,045,,701 50,890,141
2,029,,625 1,852,630
Stony Cl. AC. Ml. December.
1,259
1 ,1 0 2
37,,931
34,998
Texas Central.. 3d wk Jan.
9,004
6.379
25,,255
22,901
Texas A Pacific. 4th wkJan. 270,979 243,052
715,,712
714,715
Tex.S.Y.A N.W. December.
6,779
4,1.35
61, 503
40,235
Toi. A Ohio Cent.:lstwk Feb.
29.510
24.998
160, 691
162,731
Tol.P. A West.. 4thwkJau.
27,042
18,063
80 812
75,692
Tol. St. L. A K.C. 4thwkJ
46,148
4*,861
153, 273
146,574
Union Pao. RR.. December. 1,781,731 1,580,022 18,274,,667 16,749.834
CJn.P.Den.AG.. 4thwkDee.
74,992
>*9,169 3,771,,456 3,554,572
Wabash............. 4th wk Jan. 389,309 300,129 1.138, 4 8 7
1141 752
W. Jersey ASea’e December. 171,174 163,574 2,682, 142 2,553,942
W.V.Cen.APitts, October...
90.492
94,204
964, 311!
943,629
Wes*V«wA Pitts. November
29,801
31.644.
3’53, 946
361,501
Western of Ala* November.
65.63.6
50,23*
589,,282'
539,371
WE&t.N.Y.APJ 4th wkJan.
77,500
60,600
250, 300
226,956
Wheel. A L\Krie lstwk Feb.
24.389
21,534
1*7. 8851 144,482
Wisconsin Cent 4thwkJan. 104,362
98,761
358,,262
352,185
Wrlghtav.ATec. Deeember.
8,577
7,693
88,360
§ 2 ’,765
Y otz Southern. Deceiq]^er.
S>.«89
5.733
13. 161
70,129

THE CHRONICLE.

February 11, 1889, j

a These figures Include results on leased lines, b Includes earnings
from ferries, etc., not given separately.
e Includes Des Moines A
Kansas City for aLl periods.
d Includes operations of the Chic. Bur­
lington A Northern in both years.
« Includes results on A.. T. * S.
Fe, Gulf OoL a s Fe, 3. Fe Pacific old Atlantlo & Pacific! and So.
Cal. By.
f Includes the Pacific system, the Atlantic properties and
the Houston A Texas Central system, g Beginning July, earnings of
Memphis Division and Mlddlesborougb & Alien branches are Included
for both years. A Results on Cin- Lebanon Northern are included
form September 1 in both years.
* Besuit3 on Kansas City * Independence Air Line are not included
for either year.
f Includes Chesapeake & Ohio So'western for both years, bnt Ohio,
Valley and Chicago and tor Texas 1898 only. Besuits on Yazoo Branch
excluded after July 1,1898.
5 Mexican currency.
t Covers results of lines directly operated east of Pittsburg
L a te s t Orogs Ear n id i's b y Weeks.—The latest weekly earn­
ings in the foregoing are separately summed up as follows :
For the fourth week of .January oar final statement covers
S3 roads and shows 10 63 per cent increase in the aggregate
ever the same week last year.
4/A week o f January.

Increate.

1889

ttoa&raJ of
UU!Od*' <
*
Illinois
Ohio, Great Western.___
Ohio. iDcTpil* «fe 'H. L. .
Chicago MJlw. ASL Paul
Chlo. Term Transfer .
Chicago A W, Michigan..
Choc Okta. A Gulf ......
Cleve. Akrou A CoUicub.
Clev. Canton A Smtth'n..
CFleve. Ctn. CMo. A St. L
□lev. Uirain A
CoL Sandusky A flock’ g
Denver A Bio Grande.
Det. Gd. Rap. A Western
Dtunth So. snore * At.
Evaaav. A IndlanapoiUEvaaav. A Terre Haute
Flint A Fere Marquette..
Fla. Cent. A Peninsular..
Ft. Worth A Rio Grande
Georgia .. ................
Georgia A Alabama........
Onifll Rapid* AindlttiXd,
CtncinnaU E. A Ft, V,,
Hiiitk. Or. Rap. A Inti
Grand Trunk — ....... . >
Cole AO mad Trnok /
Det. Gd. U. A M ------ )
inr.arnailon*; A Gt. Mo..
Kanawoa A Mtohlgan...
Kan. City Ft. 8. A Mem.,
Kan. CBy Mem. A BSrrn.
&.*a4aa Glty A Omaha
Kan. City Plttsb. A Gulf
Kan. City 8nb B e lt ___
Lake Erie A Western
Louisville Evans,A St. L.
Loauy. Head. A 8t. L ...
LoalavHle A Man&vUlo...
Mexican Contra!.............
Mexican National---------Minneapolis A St. Leals
Minn. St. 1 . A 8. Ste. >1 .
‘
Mo, Kansas A Texas......
Mo. Pacific A Iron M .
r,
Central Branch--------M Y. Ontario A Weet-en

Peoria Dec. A Evansv...
PUtftb.
A L. Erl©.,
PUWbar# a
—
BAo Grande W**t*ra.......
fctio Grande 8rosith*n>. -.
8C Joseph A ud. island
St. Louis A Sian Fran-----flit, hoii* HonttlWm****
San Fe Prescott A Phx..
aanmnan ddrere. A So...
Toledo AOhioCentral..
Toledo Peoria A W^st'u .
ToL St, L, A Kan. City..
Wabash. ....... ................
West. N. T . A Pennsylv
Wboelin* A Lake Erie. Wijcnusia Central ,.___

762.494
23,781
31,324
24,791
21,440
16.9 JO
338.022!
39,674
18,395
195,000
26.579
36.492
7.461
29,6 i 4
72,248
54. M 7
11,083
45.457
3 1,723
44.020
11.019
723
2,037
596,203
98,298
43.725
12,468
101,870
40,89i
7.67!)
8 4,7-4*
12,266
64.90*
41,306
14,127
565,d0$
363,36'
1*1,423
46.002
70,236
327,949
725,000
35,000
8^/29$
187.776
5,*4>i
510,163
13.440
127 U79
19.504
25.074
56.216
83,800
1 1.6:$
23,966
164.099
167,000
14.826
9»799
597,1*0
• w >2
«w
40.161
18,663
45,861
300.12*
60,600
3^,183
98,751

8.820
6.475
1.476
9,0?9
_
—

Decrease.

40.163

107,US
50,200
13,944
111,349
37,185
t>,006
114,497
16.023
95,<0O
40,470
16,111
623.645
376.516
166,151
60.621
75,3*49
335.909
754,000
35.000
10*,021
226.615
6,2901
548,* 17
18.810
134 na7
•22, 3 1
26.405
05.827
86.600
13.593
31.840
188,043
179.UO •
24,638
18.328
875.091
270.679
38.988
27,042
46,1X9
399.30*
77..^0'i
37,987
104.362

BurL Ced Ran A North

#
49.159
25.493
10.610
1*16,48$
9 1,35 *
95.334
472,0001
162,6 <'.
J
305,113
86.984
120.757

636,36(1

AlabamaGt- Southern.,
Ann Arbor.......................
Atlantic ft Danville.----Balt. A Ohio Southwest..

1898

*
52,655
25,120
i 2.850
144,367
97.100
117,331
558,1.00
157,364.
306,523
104,096
150.104
78.787
923,441
25.206
*6.727
37,318
2*!,ooe
10.5301
325.025
33,2 3
19.250
226.200
30,094
4.3,982
6.124
32.097
75.947
6 1 .*39
12,377
4,2+229
28+USi
50,732
10,7itt
1,141
2,63*

Total 82 road*)
10,924.447 9,872,727
Matins?©*** f10*65 d- c.

8
3,496
2,2I0t
.... ...
5.745 j
21,997
80,0001
1.415
17.112
29,40?
9,-11
160,947
.
15,398
13.025
628
__T ___
T
856
30.6 JO
4,515
12,*90
«03
2.463
3.679
10,592
096
__ , _
C,162

2
73
....
2,121

4,764

100
12.937
1,421

3.228
6,560
283

418

29.753
3,757
10,9.55
1,984
37.737
13.1 *7
24.723
*1,0)9
5,153
7,960
29.000
19.723
38,869
844
38,254
39)
7,018
2,720
1, <31
9.591
3,100
1,970
7.774
24,91 i
12.9t» ’
9,312
77,944
27,927
.8.079
287
89,180
10,900

53

3,505
I.s8i4
-e-e ut
836

_T
.^.r
__ _

___ ___
__,
__. . . .
............
.......
__. . . . .
1,473
. . . . . __
T —
__. ...
—

496

5,6 li
1,011,744
1.051.720

40,024

277

- s r o s ! E a rn in g * .----- .
-Het Earnings.— —
1898.
1897.
1898.
1897.
Roads.
*
*
£
Boston A Maine b
1,933,861 4,990.046 1,520,577 1,546,495
Oot. I to Deo. 3 1 ...
Jan. 1 to Deo. 3 1 ... 19.452,836 19,799,386 5,969,234 6,225,319
Cent, of sr. Jersey—
Jan. 1 to Deo. 31....13,187,270 13,212,772 5,118,957 5,044,101
Chic. B. Esl.A Pao.a. Deo. 1.741,711 1,734,782
548,103
520,987
Apr. 1 to Dee. 31 ...16,232.173 14,999.077 5,643,293 5,326,703
214.853
Choctaw OkL A G.b Deo.
149,074
102,357
60.048
Jan. 1 to Deo 3 1 .... 1,747.774 1,285,667
660.115
437,891
431,091
318,203
Nov. 1 to Dec. 31 —
200,353
138,008
138,334
Olev.Lor. A WheeLa.Nov.
149,065
42,964
50,129
364.510
Jan, 1 to Nov 3 0 .... 1.381,708 1,219,354
330,265
659,716
0 J2.700
July 1 to Nov. 30___
183,003
191,786
Delaware A Hudson Cana,1
—
Reims. A Saratoga b —
595.472
Oot. 1 to Deo. 31___
591,658
247,949
264.332
Jan. 1 to Deo 3 1 .... 2,454,933 2,436,820
917,102
852,565
N. Y. A Canada b —
239,334
O ot 1 to Dec. 31___
230,424
116,692
91,517
054,066
■Tan. 1 to Dec. 3 1 ....
939,898
365,194
313,140
Albany A Susq, b—
Oot. 1 to Deo. 31___ 1,121.717 1,179,266
617,900
683,293
Jan. 1 to Deo. 3 1 .... 4,020,136 {4,035,803 1,798,600 1,906,098
Oel. Lack. A Western—
N. Y. Lack. A West’ a bOct. 1 to Dec 31....... 2,59*1,431 2.672.491 1,490 619 1,559,242
Jan. 1 to Deo. 31__ _ 8,481,990 7,856,858 4,270,113 3,938.229
8yr. Bing. A N. Y .b —
233,4*6
226,995
118,686
105,789
Jan. 1 to Deo. 3 1 .....
806,779
849,553
375,751
387,781
Dunk. A11.V. A Pitta.—
Oot. I to Deo. 3 1 ....
04,249
17,932
67,100
21,342
223,735
221,36;
25,430
Jan. 1 to Deo. 3 1 ...
43,757
31,542
122.539
120,196
42.748
Georgia A Aldb’a.a.Deo.
340,494
317,439
Jan. 1 to Deo.3 1 .... 1,291,214 1,129,627
687,809
July 1 to Deo. 3 1 ....
032,933
203,157
213,191
Illinois Oentral.it...D ee. 2,560,585 (2,578,244
882,594 1,022.372
27,030,274 24.788,9*5 8,4-?5t5*4 7.575,695
14,399,755 14,087,301 4,443,523 4,620,290
189,214
161.521
55.705
Iowa Central.b- ...D ec.
65,768
603,403
Jan. V to Deo 3 t . . . . 2,015,375 1.732,743
575,770
9a0.721
319,152
348,243
July 1 to Dec. 31___ 1,116,575
Jackson Gae-L. Co__ fan.
2,725
2,241
........
21,418
Mar. 1 to Jan. 3 1 ....
24,399
55,764
47.681
21,169
13,064
Kanawha A Mich b.Deo,
535,109
169.0*15
583.2 H
143,295
Jan. 1 to Dec. 3 1 ....
314*720
291,472
87,433
July 1 to Deo. 3 1 ....
102,521
122,742
Kan. 0. Ft. 8. A M.a Deo,
413.079
427.404
124.175
Jan. 1 to Dec. 31 . . . 4,884,210 4.914,225 1,510,103 1,519,592
834.282
770,381
J u lV l to Dec. 31---- 2,446.762 2,645,925
156,323
146,909
62.230
54,103
Kan. O. Mem.A B . a Doe.
O
285,157
Jan. 1 to Dee, 31 . . . 1,476.627 1,210,0 L
375,905
703,402
137,047
July t to Deo. 31___
6J2.271
173,649
93,696
Laclede Oa*-L. C o.. .Jan .
98,777
10,765
4,380
5,046
Mexican Telephone.. Deo.
11,743
45,851
52,346
137,132
127,209
Jan. I to Dec. 3t —
114,108
44,417
39.638
Mar. I to Dee. 3 1 ....
108,338
36,843
51,916
22,321
6.181
Mobile A Bsnn’gh'm. Deo.
389,697
84,640
55,427
229. <90
Jan. 1 to Deo. 3 1 ....
39.772
33.473
17-8,262
July 1 to Dec. 3 1 ....
207,604
St. Y. Ohio. A 8t. L.b—
479.399
432.029
Oot. 1 to Deo. 3 1 . „ . 1,827,473 1.712,403
Jan. 1 to Dee. 3 1 ,.., 6,391,419 5,815,215 1,200,949 1,306,193
» . V. A Book. Beach—
24,280 def.4,834 def. 4,067
Oot. 1 to Dec. 3 1 ....
25,376
60.295
82,332
214,240
Jan. 1 to Dee. 3 1 ....
231,874
N. Y. N. II. A Hartford,bI l —
Oct 1 to Doe. 31.*., 9.365.120 9,192,941 3,094,601 2,030,9*5
Jan. i to Deo. 3 1 .... 37.171,928 34,393,727 11,608.769 11,109,931
73,452
60,755
349,657
Pacific Coast C o.a ... Oao.
35.3,437
837,085
Jan. 1 to Deo. 31.
. 5.203,317 3,978,171 1.174.694
•98.988
*30,668
404,960
327.076
Pacific Mall........ .Dec.
78*2,000
Jan. 1 to Dee. 31 ... . 4,500,'*91 4.179,481 1,335,817
May 1 to Deo. 3 1 ... , 2,944.826 2,61-1,141 *1,126,682 *487.319
19.505
88,382
79.179
7.542
Peoria Dee, A K v.b . Oel L
143,496
89,593
730,980
752,765
Jan. I to Oot. 31___ .
Proep. Pk.A Coney t*L—
13,112 def.7,779 def.4,371
7,931
Oot. 1 to l>ec. 3 1 .....
3 2 .2 7 4
17,292
149,951
129,855
Jan, 1 to Deo. 3 1 .....
95,-179
370,445
102,690
Bio Grande West- b .. Dec. 355,408
1,110,863
Jen l to Dee. 31 ... 3,288,804 2,974.214 1,248,622
093,343
043,856
Jnlv 1 to Dee. 3 1 .... 1,720,7*0 1,800,230
Syracuse Gen. A Gorn.b—
83,237
190,425
88,605
Oot. I to Deo 31.......
196,080
240.258
210,908
6 8 1 ,8 2 0
Jan. 1 to Dee. 31.......
658,373
62,334
47,327
1 8 1 .2 1 6
Toledo A O.Cent.b. Deo. 166,319
513,450
571,916
Jan. 1 to Deo. 31 .. . 1.371,038 1,732,110
279,128
317,125
998,450
906.429
July 1 to Deo. 3 1 ,...
13,982
11,079
29,301
31,044
W.Va. A Pitts b.Nov,
166.373
145,373
3 >3,940 36t..’ 0t
Jan. I to Nov. 30 .. .
80.891
77.319
171,713
176,149
July 1 to Nov. 3 0 ....
a r*«t earnings Here given are after deducting taxes,
b Net earnings here gi ven are before deducting taxes.
• After deducting "reserve fund for repairs of steamers," balance in
December, 19 »«, was 869,773, against 921,16-1, and from May 1 to
December 31 9193.962. against 9167,319. The reserve fund fordepreot alien and general and oxtraordl lary re Ilairs of steamers has been
Increased to the standard of the Uagilsh companies, i.
five par cent
upon the value of the steamers
1 Includes results on New England for all periods.

Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given m the fore­
M Earulags Handily to Latest Dates.—The table follow going, also report oharges for interest, fifco,, with the surplus
et
mg shows the gross and net earnings of Steam railroads or deficit above or below those oharges
reported this week. A fail detailed statement, including all
------I n t., R ent at*. Ac. — . — Hal. o f f i l l E a r n ’ a t.
roads from which monthly returns can he obtained, is giver,
1&98.
1897.
1898.
1897.
l i .m l i
*
*
*
once a month in these columns, and the latest statement of
312,500 *274,184 *225,280
Ohio R. Isl. A Pno-.-Doc.
322,951
this kind will be found in: the Okroniclk of January 31.
3,082,508 *3,123,598 *2,500,987
Apr. 1
1899. The nest will appear in the Issue of February 25,1899 Oboe. Okie.to Deo, 31---- 2,905.666
80,857
41,048
A Gulf. Deo.
21.500
19,000
—

Road*
Boston A Albany, b—

Gross g a m in g * — • —— E el E a r n in g * .—
■
1 89 8 .
1 89 7 .
1 89 3 .
1897

$

*«

t

•

O ct. I to Dec. 3 1 ___, 2 , 3 9 6 . 0 2 7 2 ,3 7 6 .5 0 1 1,052,9.60 1 ,0 1 0 ,5 6 9
J a n . 1 to D eo. 3 1 ..... 9 ,0 9 7 ,5 7 6 9 ,3 0 2 .9 4 1 3 ,4 2 8 ,3 5 3 3 ,0 6 1 ,2 4 3

Nov, i to Dec. 31 . . .
Kanawha A Mtcb....Dee.
July 1 to Deo. 31—
Kao. C. Ft.. 8 . * M - . D e o .
j Q l y l t o Deo 3 1 ....

43,000
11.092
65,8/1
118,427
698,334

38,000
11.7*3
69,118
119,358
701,867

157,3 >3
3o,650
5,748
72,047

100,008
1,311
18,315
3,334
132,415

THE CHRONICLE

* A ft e r a llo w in g fo r o th e r lu ooin e reoeived.

STREET RAILWAYS AND TRACTION COMPANIES.
Toe following table shows the gross earnings tor the latest
period of all stkeet railways from which we are able to ob­
tain v eekly or monthly retorns. 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
lattet week or month, and the last two columns the earnings
for the calendar year from January 1 to and including such
latest week or month.
STKEET R A IL W A Y S
G r o ss
E a b n ik o s .

AN'D T R A C T IO N

L a test Grass E a rn in g s.
Week o r H o 1 89 8 -9 . 1897-8

A k ro n B ed t’ d & Clev. D eoem b er.
A lb a n y R a ilw a y ......... D ecem b er.
A m sterd a m St. R y .. D eoem b er.
A tla n ta R a ilw a y ____ D eoem b er.
B a ltim ore C on. R y .* .. D ecem b er.
B a y C ities C o n s o l.... D eoem b er.
B in gh am ton St. R y .. D ecem b er
B rid g e p o rt T ra otion D e c e m b e r.
B ro ck to n C on. St. Ry. D eoem b er.
B ro o k ly n E le v a te d .. N ovem ber,
B r’ k ly n B ap. T r. C o .B ro o k ly n H e ig h ts } J a n u a r y ...
B*klynQ ’ n s & 8 u b . s
C h a rleston C ity R y . D e c e m b e r
Cln. & M iam i V a L . . D eoem b er.
Oitiz n s’ lM u n o ie ln d .) S ep tem b ’ r
C ity E lec. (R om e.G a.) D eoem b er.
C levelan d E le o trio .. U eeem ber.
D eoem b er.
C lev e. P a in sv . < E .
fc
O olnm bns St. R y. (O.) J a n u a r y ...
C onsoL T raot. (Pitta.) N ovem b er.
D e n v e r Con. T ram w . D eoem b er
D e tro it C ltl’n s ’ S t.B y 4 th w k J a n
D e troit E leo. R y ........ 4 th w k Jan .
D n ln th St. R y ............ D eoem b er.
E rie E leo. M o to r........ D eoem b er.
F t. W a y n e & B elle
Isla n d (D e tro it)___ 4 tliw k J a n .
H a rrisb u rg T ra ction D ecem b er.
H erk im er M oh aw k I)
Ion A F*kfort E l. By. D eoem b er.
H o u s to n E le o . St. B y. N ovem ber.
In te rsta te C onsol, ol
N orth A t t le b o r o ..
D eoem b er.
K in g ston C ity B y ___ IO c t o b e r ...
Leh'Kh T r a c t i o n ___ D eoem b er.
L im a B all w a y (Ohio) D e ce m b e r.
L o n d on St. R y.(O an .) N ovem ber.
L o ra in & C le v e ........... J a n u a ry ...
L o w e ll L a w . & H a v .. D ecem b er.
M e trop .(K a n sa s City, 3<1 w k Oot.
M etro. W . Side (Ohio. > D eoem b er.
M on treal Street R y .. J a n u a r y ...
M u sca tin e St. R y ....... D eoem b er.
N a sh v ille St. B y ......... D ecem b er.
N assau E leo. (B ’ klyn D eoem b er.
N e w b u rg St. R y ......... D eoem b er.
N ew L on d on St. R y . D eoem ber
N ew O rlea n sT ra otioi D eoem ber.
N o rtolk St. R y .......... O c t o b e r ...
N orth Chic. St. R y .. D eoem b er.
N orth Shore Traction D eoem b er.
O gd en sbn rg St. R y .. D ecem b er.
P a te rso n R v ............. _ D eoem b er.
R ich m on d T ra otion . D ecem b er.
R o x b ’ h C h.H .A N or', D eoem b er.
S ch u y lk ill V al. Xrao D e c e m b e r.
S cranton & CarbondV D eoem b er
S cra n ton & P ltts to n D eoem b er
Soranton R a ilw a y ... D eoem b er.
Syraonse R ap . T r. B y D eoem b er
T o le d o T ra o tio n ......... O o t o b e r ...
T o ro n to R y ................. J a n u a r y ...
T w in C ity R ap . T ra n . N ovem b er.
U nion <N. B e d fo r d ).. D eoem b er.
U nited T ra ct. (P itts.) D ecem b er.
U nited T ra ct. (P ro v .j N ovem ber.
U a lt. T rao. (R eading) D e oem b er.
W akefield & S to n e ___ D e oem b er.
W a terbu ry T r a o tio n .. D e o e m b e r.
West C h ica go St. R y I s t w k F e b .
W h eelin g R a ilw a y ... N ovem b er.
W ilke3 & W y. V al___ D eoem b er.

C O M P A N IE S .
J a n . 1 to Latest D< t
1 8 9 8 -9 .

1 89 7 -8

$
6,985
9 6 ,0 5 3
1 0 1 ,3 2 0
6 .4 4 7
594.2H >
6 4 1 .0 2 6
5 6 ,4 1 5 5 3 ,5 4 3
53,971
4 9 .8 7 6
4.5971
4 ,6 6 7
6 .6 2 4 '
7 .6 4 3
198,654 188 .03 5 2 ,3 7 0 ,1 7 7 2 ,3 2 0 ,1 9 7
7 .3 1 4
8 7 ,3 3 6
8 .5 5 0
8 1,4 69
1 5 1 ,1 0 6
14,838 1 3 ,7 2 0 1 6 1 ,70 5
28,1 29 27,632| 3 5 2 ,6 2 6
3 2 1 ,4 4 7
27.030 2 6 .9 0 2
174,811 1 5 0 ,0 1 5 ,1 ,5 4 7 ,5 9 4 1 ,533,861
4 5 2 ,3 4 7
452 ,34 7 3 9 6 ,1 4 8
3 2 6 ,1 4 8
13,6 69 13.5 49
172 ,13 8
5 ,7 1 9
9 ,1 1 2
6 2,4 10
4 6 ,5 3 1
5 ,4 7 0
5,493
OO EBQ
1,791
2 3 ,0 1 8
1 ,8 9 9
153,574 146,486 1,713^969 1 ,632,021
7 ,1 3 9, 1 05,362
7 ,7 1 3
87,5 35
57,9 91 5 4 ,2 8 8
5 7 ,9 9 1
5 4 ,2 8 8
190,000
66,841 '6 4 ,9 9 5
7 53 ,18 4
723',367
3 1 ,1 5 9 28,7 54
98,0 69
91,5 85
1 1 .1 7 3 10,6 51
3 3 ,5 6 7
3 5 ,0 6 5
16.860 16,337
1 9 1 ,5 8 0
2 0 3 ,3 2 6
12,417 12,1 87
1 44 ,40 0
1 4 0 ,84 5
4,721
22,6 21

4 ,4 7 7
2 0 ,1 2 7

14,969
3 0 1 ,46 8

14,391
2 2 8 ,5 3 7

3 .4 4 8
16,850

3 .4 9 2
1 5,0 94

40.6 82
1 8 1 ,17 0

3 9 ,6 0 9
1 6 9 ,2 0 9

12,1 47
5 ,1 4 8
8,869
3 .8 8 2
9,232
5 ,0 6 0
3 4 ,1 4 4
37,1 28
125,210
125.276
5 ,2 8 4
31,9 29
1 46,159
5,878
3,065
113,361
15,240
246,691
113,852
1,268
3 1,3 98
12,674
7 ,8 9 2
4.883
3 ,0 2 9
5 ,44'
37,3 03
44,0 45
80,774
9 5 ,6 9 0
177 ,62 2
17,750
132 031
134,960
15,233
3,8 »3
25,161
68,281
17,141

10,645
4 ,4 4 6
59,4 02
4 5 ,5 8 7
9 ,1 5 5
1 0 9 ,1 0 0
97,0 23
3 ,3 3 6
42,195
3 7 ,0 3 7
7 ,4 9 7
3 .4 8 6
“ S',060
” 3 ,4 8 6
3 2,8 82
3 6,9 93 1,655,442 1,495;773
1 0 5 ,4 2 0 1,246,833
110, 5 6 125 276
1 10 ,15 6
4 ,9 7 4
57,289
53,8 76
1 40,955
5 .8 « 4
3,311
107,936
12,882
2 4 4 ,82 9
108 ,77 .
1,399
29,6 89
1 0,2 94
5 ,0 7 9

2 ,146,713
85,593
55,7 54
1,316,791
148,273
2 ,921,425
1 ,495,150
1 9 ,7 6 ;
3 7 4 ,89 8
147,634
109 ,59 6
63,674
35,4 43
61.904
3 83 ,72 6
4 58 ,64 9

1 ,903,936
82,948
5 3,4 73
1,237,263
1 24 ,03 0
2,8 1 8,39 9
1,450,555
19,3 23
3 4 7 .0 5 4
1 32 ,69 7
85,2 33

3 ,3 3 9
5 .8 2 5
3 6 ,8 3 4
3 66 ,32 6
4 0 ,1 3 0
4 3 3 ,2 7 6
7 3 ,0 0 0
8 6 ,5 6 2
9 5 ,6 9 0
168.469 1,9 6 0,92 7 1 ,819,173
17,5 65
198 374
2 21 ,68 3
126,728 1,5 4 9,21 6
141,881 1,616,377 1,582,398
2 0 2 ,22 6
14,168
1 9 4 .0 '9
3 ,9 1 7
55,887
5 4 .9 9 7
2 4 .2 7 2
2 8 0 ,0 9 7
2 58 .61 3
6 7 ,1 7 5
3 47 ,9 5 3 3 6 ,3 7 1
173 ,02 9
14,4 36
1 5 2 ,36 6
5 0 6 ,7 4 7
4 9 1 ,2 8 9

'80,562

* In olu d es B a ltim ore T ra otion an d C ity & S u b u rb a n fo r b oth yea rs.

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 rail­
ways, we adopt the same plan as that for the steam roads—
that is, we print each week ail the returns received that
week, but onoe 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 31, 1889. The next will appear in the issue of
February 25, 1899.
Roads
A up ^ r.U iu ST K v ...D e c
Jan 1 to Duo. 3 1 . . .
O o im n o u e <O.) 0i . K y . J a n .

L orain
C lev ela n d ..J .m .
T r o y C ity R R b O oi. 1 to D ec. 3 1 .......
J a n . 1 to D ec. 3 1 ........

Brass E arnings l— ,,
1H98.
1897.
$

N et E a r m n g s .—
1898
1897.

4 ,6 6 7
53.971
57.9 91
5 ,0 6 0

4 ,5 9 7
4 9 ,3 7 6
54,2 38
3 ,4 8 8

1 .008
14,1 11
3 1 ,7 9 6
2 ,3 0 5

757
11,( 97
2 9 ,0 9 8
1,235

1 39,452
535 ,49 2

133 ,43 5
5 1 7 ,3 0 1

5 4 .8 0 8
2 3 5 ,4 0 5

62.44 1
2 4 3 ,2 6 6

A N N U A L

R E P O R T S .

Annual Reports.—The following is an index to all annual
reports of steam railroads, street railways and, miscellaneous
companies which have been published since the last editions
of the I n vesto rs ’ an d St r e e t R a i l w a y S u p p l e m e n t s .
This index does not include reports in to-day’s Chronicle.
Full face figures indicate Volume 67.
K A .I L R O A D S A N D M l S C . C O * 8 —

V olu m e 6 8 —
P age.
220
Amer. Dist. Telegraph Co . . . .
___________ft Danville Kit.........
1 -4
Atlantic
229
Central Union T elephone...........
Chloairo Telephone ...................
229
Dr*]. Lack, ft West. R R ..................
l*4
*
D ia m o n d M a t c h ...................................
S t e t s o n (J o h n B .) C o .........................

Street’s Western Stable Car Line

228
229

229

St r e e t R a i l w a y s
V olu m es 6 7 a n d 6 8 —

P a ge.

B oston E le v a te d R y ........................1 1 0 7

Cnicago

C it y R y

.......................................1 2 7

L a keH treei B W d (C h icago, III.)..128
N orth C hicago S tre e t R R ............
127

North Shore T r a c tio n .................... 1 2 0 0

N orth w est. E lev. (C h icago, I I I,).. .127
South Side El. R R . (C hicago. 111.)
228
T e rre H a u te (In d .) E le c. R y .. . .1300
W e s t C h icago S tre e t R R .................. 127

Central Railroad Company of New Jersey.
(Report f o r the year ending Dec. 31, 1898).

President J. Rogers Maxwell says : “ The gross earmngs
for the year aggregated $13,187,271, as against $;3,312,772 for
the year 1897, a decrease of $25,501, which, together with a
decrease of $100,358 in the cost of operating, has resulted in
an increase in the net earnings of $74,856 as compared with
the preceding year. The operating expenses, as heretofore,
cover all expenditures for repairs, and also include expendi­
tures for renewals of bridges, buildings and wharves, substi­
tution of heavier rails and other construction. During the
year settlement of laxes in litigation, etc., resulted in an
accrual to the contingent fund account of nearly $400,000,
whch has been largely offset by charges for depreciation in
property accounts, the reduction in which, as shown by the
balance sheet, is greater than the charges thereto for new
construction and new property during the year. The cou­
pons, amounting to $418,120 on $6,116,000 Lehigh & Wilkesbarre Coal Co. consolidated mortgage bonds, owned by the
company, the payment of which has been deferred, have not
been included in the income account for the year or in the
balance sheet attached hereto.”
Results for four years and general balance sheet have been :
1898.
R ece ip ts—
$
G r o ss e a r n in g s . 1 3 ,1 8 7 ,2 7 0
E x p e n s e s a n d t a x e s . 8 ,0 6 8 ,3 1 3

1 89 7 .
$
1 3 ,2 1 2 ,7 7 2
8 ,1 6 8 ,6 7 1

1896.
$
1 3 ,1 1 7 ,3 5 0
8 ,3 1 8 ,5 68

1895.
$
1 3 ,5 6 8 .0 2 4
8 ,2 9 5 ,0 5 5

N e t e a r n in g s 5 ,1 1 8 ,9 5 7
I n c o m e f r ’ rn in v e s t ’ s,
p re m iu m o n b o n d s,
re a l e s ta te , e : o ........
5 9 6 ,5 2 5

5 ,0 4 4 ,1 0 1

4 ,7 9 8 ,7 8 2

5 ,2 7 2 ,9 6 9

6 9 8 ,1 3 9

*1 ,2 6 8 ,5 6 0

* 1 ,2 0 1 ,5 7 6

T o ta l n e t in c o m e . 5 ,7 1 5 ,4 8 2
P a y m e n ts —
I n te re s t o n b o n d e d &
o th e r d e b t ................. 2 ,9 9 6 ,° 0 9
R e n t a l s ......................... 1,5 8 5 ,9 4 0
D iv id e n d s ........ .............(4) 8 99 ,8 8 0

5 ,7 4 2 ,2 4 0

6 ,0 6 7 ,3 4 2

6 ,4 7 4 ,5 4 5

.

-B a l.o f Net E a rn in g s,—
- I n t .. R ental*, die
1 897.
1898.
1897.
Is9 8 .
$
$
$
4L .724
4 7 .1 2 3
12,3 79
15 107
7 8 .7 6 7
9 1 ,9 6 2
94.8 82
9 f,0 3 5
*20,397
"7 ,3 6 6
4 2,2 51
40,3 03
*48,044
-6 9 ,4 9 0
2 3 6 ,0 0 6
2 5 0 ,1 7 7

R oads.
I * n . C. M em . & B tr.D eo.
J u ly 1 to D eo. 3 1 . . . .
T o ed o.v O h io Con D e o ..
J o y 1 t o D eo. 3 1 . . . .

fVoi. Lxvm.

.

278

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

T o ta l p a y m e n t s .. 5 ,4 8 2 ,6 2 9
5 ,5 5 5 .5 0 3
5 ,7 9 5 ,9 2 7
5 ,7 7 1 ,1 0 7
B a la n c e ......................... s u r.2 3 2 ,8 5 3 s u r.1 8 6 ,7 3 7 aur.2 71,415 s u r.7 0 3 ,4 3 8
^ In clu d in g I > h ’ gh < W ilk e s b a r re c o u p o n s ($ 4 2 8 ,1 2 0 ) w h ic h a re
fe
o m itte d in 1 8 9 7 a n d 1893. See P re s id e n t’ s re m a rk s a b o v e .—E d .
BALAN CE SH EET D ECEM BER 3 1 .

1 897.
1898.
A ssets—
$
R R . a n d a p p u r’s ,in o l. p u r c ’ d lin e s
o th e r p r o p e r t y a n d re a l e s ta t e .. 3 6 ,4 2 ^ ,7 6 8 3 6 ,5 0 8 , *38
E q u ip m e n t, le ss ch a r g e d off. ........ 1 4 ,2 3 2 ,5 9 6 1 4 ,2 9 6 ,1 6 7
S to ck s o f o th e r co m p a n ie s o w n e d . 7 ,6 5 8 ,4 7 9
7 ,6 5 8 ,4 7 9
B o n d s o f o th e r co m p a n ie s o w n e d . 1 5 ,3 2 6 ,1 8 > 1 5 ,3 5 3 ,4 0 9
C ash o n h a n d ...................... ................. 1 ,2 7 6 ,8 9 5
4 8 8 ,4 1 9
D u e fro m a g e n ts , co m p a n ie s, e t c . 3 ,9 3 3 ,6 2 4
3 ,5 1 0 ,6 5 0
B ills r e c e iv a b le , e t c ............................ 4 ,3 1 5 ,6 0 4
4 .5 0 7 ,9 8 9
M a te ria ls an d s u p p lie s ......................
262 ,44 8
2 5 9 ,0 9 0

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

T o t a l ................................................. 8 3 ,4 2 9 ,5 9 9
L ia b ilities—
C ap ita l s to c k .................................. ...2 2 ,4 9 7 ,0 0 0
B o n d s (see I n v e s t o r s ’ S u p p ,). ...5 0 ,0 0 0 .0 0 0
R e a l e sta te b o n d s an d m o rtg a g e s
3 0 1 .1 0 0
W a g e s, su p p lie s, e t c .......................... 1 ,8 6 0 ,0 3 2
In te re s t a n d re n ta ls d u e ................... 1 ,1 6 5 ,4 5 2
A c ru e d ch arges, e tc., in c. t a x e s .. 1 ,3 7 2 ,2 1 8
C o n tin g e n t f u n d ..................................
6 2 7 ,2 6 1
P r o fit a n d l o s s ...................................... 5 ,6 0 6 ,5 0 6

8 2 ,5 S 2 ,7 9 1

8 2 ,6 0 8 ,1 6 9

2 2 ,4 9 7 ,0 0 0
5 0 ,0 0 0 .0 0 0
3 0 7 ,1 0 0
1 ,2 2 7 ,8 6 1
1 ,1 1 3 ,9 2 5
1 ,5 4 0 ,2 7 8
5 2,975
5 ,3 7 3 ,6 5 2

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

8 2 ,5 8 2 ,7 9 1

8 2 ,6 0 8 ,1 6 9

T o t a l..................................................8 3 ,4 2 9 5 9 9
— V. 68, p. 128.

1896.

Ann Arbor Railroad Co.
( R eport f o r the year ending Jane SO, 1898.)

President W. R. Bart says in substance:
T he g ro ss re v e u u e is g r e a te r b y 15 p e r o e n t th a n that o f th e p r e ­
c e d in g y e a r, w h ich was th e la rg e s t p r io r t o 1898. T h is re su lt is d u e
b o th to th e e x te n s io n o f o u r b usin ess b y n e w c o n n e c t io n s , and t a e
g e n e ra l im p r o v e m e n t in c o m m e rcia l c o n d itio n s . A ll e x p e n d it u r e s
h a v e b e e n ch a rg e d t o o p e ra tio n . T h ese in o lu d e $ 2 0 ,8 1 9 f o r re a l
e sta te p u rch a sed , $ 6 1 ,9 9 3 fo r a d d itio n a l e q u ip m e n t, $ 1 0 ,5 0 7 f o r w ork
u p o n n e w m ain lin e a t Ith a ca , $ 9 ,7 3 L f o r ch a n g e s o f g r a in s , a n d $ 3 ,183 19 f o r n o w (a d d itio n a l) b u ild in g s.
F o rty -fo u r m iles o f m ain
tra ck h a v e b e e n b H asted, an d 3 ^ m iles o f a d d itio n a l sid e an d y a rd
t ra ck s la id . T he e q u ip m e n t n o w c o n fo r m s t o th e F e d e ra l r e q u ire ­
m en ts as to p o w e r b ra k es a n d e x c e p t a b o u t 1 2 0 c a r s —as to c o u p ­
le rs also.
T h e ra tes a t w h ic h fr e ig h t m u st b e c a r r ie d c o n tin u e t o d e cre a s e .
D u rin g th e y e a r o f this r e p o rt y o u r a v e ra g e per to n p e r m ile w a s 6*9
m ills—a d e cre a s e fr o m th e p re v io u s y e a r o f a b o u t 7 p e r c e n t . T is lo ss
b y d e cre a s e in the p rice p e r to n p e r m ile ha s b een p a r t ia lly r e p a ir e d
b y th e in cr e a s e in the n u m b e r o f to n s ca rr ie d b y e a ch tra in — 126 in
1 892 a n d 237 in 1 89 8 —an in cr e a s e m a d e p o ss ib le b y th e la rg e e x ­
p e n d itu re s on ro a d b e d F o re s t p ro d u c ts co m p r is e 31 p e r c e n t a n d c o a l
23 p e r c e n t o f th e fr e ig h t to n n a g e f o r th e y e a r. T h e p ro d u c ts o f a g ri­
c u ltu r e and an im als w e r e 2 4 p e r c e n t o f th e t o ta l t o u n a g e in 1 89 3 ,
an d 13 p e r c e n t in 1292. In 1898 w e ca rr ie d 2 5 6 ,0 0 0 to n s o f th is
cla s s o f fre ig h t; in 1892, 1 0 7 ,0 0 0 to n s, a n in c r e a s e o f 140 r“ **\;oent.
1
T h is is an in d e x o f th e d ire ctio n o f th e p e rm a n e n t g ro w th .

F e b r u a r y 11

THE CHRONICLE.

1866 j

C om p e titio n b a s n o t on ly so re d u c e d y o u r a v e r a g e r a te , b u t i t baa
m a d e tb e dem an d s fo r ra p id and p ro m p t s e r v ic e m o re e x a c t in g . T o
im p ro v e th is p ro p e rty to c o n fo r m t o th ese c o n d itio n s , w e h a v e d u rin g
th e y e a r co n tin u e d t o re d u ce th e g r a d e s , s u b s titu te p e rm a n e n t fo r
w o o d e n w a te rw a y s, e x t e n d th e y a r d s and sid in g s, a n d p r o v id e
a b u n d a n t b a lla st o f th e b e st o b ta in a b le q u a lit y f o r th e t r a c k
It
seem s n e c e ss a r y t o co n tin u e to p ro v id e th ese b e tte rm e n ts u n til th is
p ro p e rty shall b e a b le to ca r r y its b u sin ess a t as lo w a p r ic e p e r ton
m ile as a n y o f its comj>etixora.
T h e re v e n u e c o n tr ib u te d b y th e tra n s -la k e s e r v ic e w a s $ 4 1 4 ,4 9 7 ,
o r 2^ p e r ce n t o f th e en tire e a rn in g s o f th e p r o p e r ty . T h is w a s an
in cre a s e o f a b o u t 45 p e r c e n t as co m p a re d w ith th e p re v io u s y e a r.
T h e to ta l ofaarg es to m a rin e e x p e n se s an d m a in te n a n ce f o r th e sam e
p e r io d w e re $ 1 0 6 ,2 2 4 . T his s o u rce o f re v e n u e has b e c o m e so la rg e
th a t a n ew steel ea r fe r r y w a s co n tr a c te d fo r , t o c o s t a b o u t $ 1 3 0 ,0 0 0 .
In N o v e m b er, 1 8 9 7 , 4 0 0 m od ern b o x ea rs w ere p u rc h a se d at a c o s t o f
# 1 5 4 ,1 2C. C ash to th e a m ou n t o f $ 2 3 ,1 1 8 a n d n o te s to th e a m o u n t
o f $ 1 3 1 .o 0 2 w$-re g iv e n in p a y m e n t. T h is e x p e n d itu r e Is ch a r g e d to
m a in te n a n ce o f e q u ip m e n t.

B a la n ce ...................................
A d d d lv ’ fl o n B.& H . sto ck .
T o t a l.......... .....................
D ed u ct —
In te re s t on fu n d e d d e b t . . .
R en ta l o f lea sed lin e s ____
B etterm en ts, e tc . . . . . . . . .
T e rm in a l In te re s t...............
G rou n d r e n t* ........................
P. V. R R s in k in g fu n d ___
D iv id e n d on B .& H. s to ck s
C red it b a t t o p ro lit & lo s s .
T o t a l.................................

P a ss e n g e rs ca rr ie d ___
3 5 1 ,4 8 4
Pass, ca rrie d 1 m ile. . 1 1 ,0 5 8 ,1 7 0
R a»e p e r p a s, p**r m ile
2 2 3 cte .
Freight vara...................... 2,177 F re ig h t (Urns) '•arrb d . 1 ,0 9 3 ,5 7 0
F r t. (tons) c a r ’ d 1 r a U e l4 7 ,-5 0 ,5 3 6
44
M isce lla n e o u s c a r s ..................
0 -6 9 cte
C ar f e r r i e s .................................
2 R He p e r to n p e r m ile.
EARNINGS, EXPENSES AND CHARGES,
Expenses—
E a rn in fff—
F re ig h t...............................$ 1 ,0 2 2 ,8 3 6 T r a n s p o r ta tio n ----------- - $ 5 2 5 ,8 6 6
2 1 1 ,5 3 7
P a ssen g ers ......................
2 0 ,2 6 7 M a in ten a n ce o f e q u lo .
&
2 3 8 ,5 9 !
M a l l s .. ...............................
3 8 ,1 ” 8 M ain o f w a y < b l a g s ..
...........
5 0 ,1 1 1
M is c e lla n e o u s ...........
1 0 4 ,2 7 9 G e n e r a l
292
42
28

T o t a l................................. $ 1 ,4 1 5 ,3 6 0
T o t a l ............ $ 1 ,0 2 6 ,1 0 6
N et e a r n in g * ..................... ............................. ............................................ $ 3 8 9 ,1 5 4
I n te r e s t od b o n d e d d e b t ....................................... ............................... $ 2 8 0 ,0 0 0
7 ,1 3 7
Int-ereat o n cu rre n t d e b t .. . . . . ............................ . .
T a x e s . . . ............... ..................................... ........................... . . . . . v * ..........
3 8 ,7 2 5
T o t a l ............. ... ...............................................................................
B a l a n c e /t u r p i u s........ ............................ .................. .
.......... ..

.$ 3 2 6 ,8 6 2
. $ 6 2 ,5 9 2

GENERAL 8 A LANCS SHEET JUNK 3 0 , 1898.
C oat o f r o a d .................... $ 1 3 ,5 1 1 ,2 4 7 B on d ed d e b t . . . . . .......... $ 7 ,0 0 0 ,0 0 0
4 .0 0 0 ,0 0 0
E qu ip m en t . . .
~
9 2 8 ,8 8 4 C a p ita l s to c k , p r e f .. .
3 ,2 5 0 ,‘ UO
L ord ,
F ra n k lin
B.
C a p ita l s to c k , c o m . . . .
7 4 ,9 9 0
1 0 1 ,0 0 2
t r u s t e e . . . . ----- . . . . . . .
R o n d In terest a ccr u e d
1 3 1 ,0 0 2
C ar F erry N o. 3 ______
3 2 ,7 1 0 B ills p a y a b l e . . . . . . . . . .
4 7 .0 9 1
S tate o f M ich , “ ta x ea ”
C u rren t a * * « t s ............
1 7 8 ,8 7 5
2 2 7 .1 0 7
C a s h ............. ..........
98.6 91 C u rren t lia b ilit ie s ___
1 1 1 ,2 :5
l o c o m e a c c o u n t ......... .
T o t a l ........................ # 1 4 ,8 4 1 .4 0 8 I
- V . 0*2. f> 453
-

T o t a l . . . . ...............,,$ 1 4 ,8 4 1 ,4 0 8

Western Maryland BR.
( R eport f o r the year ending Sept . 80* 1898J
President and General Manager, J. M Hood, make# quite
.
an extended report, condensed extracts from which follow :
Q tn era l R esults*— W h ile th e in crea se o f n ea rly # 6 0 .0 0 0 in n e t earn
in g * fo r th e tw e lv e m on th s w ill d o u b tle s s p r o v e s a t is fa c t o r y to the
s to c k h o ld e rs , it 1# n ot e n tire ly so t o th e m a n a g em en t, s in c e th e re w as
a m ateria l fa llin g o ff In the la s t q u a r t e r , due to the e ffe ct o f th e lig h t
grain an d fru it c r o p s u p on lo ca l bu sin ess. T h ere w a s also a re d u c­
t io n o f '0 5 o f a cen t in th e p a s s e n g e r ra te a n d ‘ 196 in th e fre ig h t rate.
Stun Cut q # '.—R e a liz in g th a t th e th rou gh bu sin ess p a ssin g o v e r this
c o m p a n y ’ s lin e b etw een th e B. A O. a t C herry R u n , the N. A W . at
H a g e rsto w n a n d th e P. Sc R . a t a h lp p e n sb u rg b a d a lre a d y e x c e e d ­
ed th e safe c a p a c ity fo r a s in g le tra ck m ou n ta in r o a d , a n ew line was
lo ca te d from N orth C rossin g , at H a g e rs to w n , to a p o in t b e tw e e n Mill
b rook a n d A U en w a ld s ta tio n s. T he d is ta n c e w a s fou n d t o b e 14*37
m iles, and the m a x im u m gra d e 37 feet, m a k in g an a ctu a l s h orten in g
o f n c a r jy 1 0 m ites o v e r the m ou n ta in lin e v ia E d g cm o n t. T h e n eces
s a r y fin a n cierin g wa-» c o m p le te d (3 p e r ce n t s to c k and b o n d s b e in g
p la c e d a t p a r), p ro p o s a ls w ere in v ite d , and a t th e d a te o f this sta te­
m ent, th e g r a d in g , m a s o n r y , b rid g in g an d s a b -b a lla s tin g h a v e b ee n
p r a c t ic a lly c o m p le te d , w h ile o v e r h a lf o f th e tra ck has b een la id and
fu lly b a lla sted . T h e c o s t o f th e M a ry la n d p o r tio n , k n o w n as the
H a g e rs to w n A S ta te L in e R R ., 3*3 m iles In len g th , w ill b e a b ou t
# 7 2 ,4 0 9 s o d t h a t o f the W a sh in g ton A F ra n k lin , o r P e n n sy lv a n ia
c
p o rtio n . 9*07 m ites in len g th , w ill be a b ou t $ 1 0 8 ,2 3 7 , m a k in g th e c o s t
o f th e en tire Iln^ $ 2 4 0 ,6 1 6 , T h e line w ill be lea sed b y the W estern
M a ry U n 1 at-5 p er ce n t on cost. A co n tr a c t w+s e n tered Into with
th e P h ila d elp h ia Jk R ea d in g R y . C o. u n d e r w h ic h th a t roa d a g rees to
u se the n e w lin e fo r a ll in terch a n g es o f b u sin ess w ith th e N o rfo lk St
W estern and B a ltim ore Jk O h io m od e th rou gh the C u m b erla n d V a lle y .
R eo rg a n iza tion .—The d a ? ca n n o t b e d ista n t w h en a r e o r g a n iz a tio n
a od co n s o lid a tio n u p on an eq u ita b le b a sis o f th e th irteen c o r p o r a tio n s
a n d p ro p e rtie s n o w c o m p o s in g th e W estern M a ry lan d s j stem w ill be
effected. T his, besid es g r e a tly s im p lify in g a cco u n ts and le s s e n in g
th eir co st, w ou ld o f co u r s e r e lie v e th e c o m p a n y o f a n y c o n tr a c tu a l r e ­
la tio n s w h ich h a ve n o t b een fou n d a d v a n ta g e o u s .
The $ 1 2 0 ,0 0 0 o f first m ortgA ge ♦?» o f th e B a ltim o r e A
II *nover R R. Co. m a tu rin g J a n . X, 1339, w ill be retired front th e p r o ­
ce e d s o f the sale o f an e q u a l a m o u n t o f B a ltim o r e A H a rris b u rg 5s
held f o r t b a ' p u rp ose.
Hy the re cen t a p p ro v a l b y p o p u la r v o te o f th e c i t y o r d in a n c e p r o ­
v id in g fo r re fu n d in g certa in m a tu rin g 6 p e r c e n t o b lig a tio n s a t 3*o
p e r c e n t, a s a v in g o f 2*« p « r c e n t o n $ 1 ,9 7 3 ,0 0 0 w ill be e ffe c t e d , th a t
h , ttpo'i # 8 7 5 ,0 0 0 fro m J a n . 1 ,1 9 0 0 , an d u p o n $ 1 ,0 0 0 ,0 0 0 fro m J a n .
1, 16 >2. This a on n a i s aving o f # 4 6 ,9 7 5 w ill Inure d ir e c t ly t o th e r a il­
ro a d co m p a n y , and t'trou g h 'It, to the c it y as gu a ra n tor.

Statistics.—Earning* and expanse* of the Western Mary­
land System (including Western Maryland, Potomac Valley>
Baltimore 8c Harrisburg and Baltimore « Cumberland) were:
fe
WESTERN MARYLAND RR. SYSTEM.
189.5 9 0 .
$
3 3 4 ,8 3 4

189495.
$
3 3 7 ,0 4 2

9 3 0 ,8 5 6

9 4 0 ,8 1 9

1 ,2 5 1 ,2 3 9

1 ,2 6 5 ,6 9 0

1 ,2 7 7 ,8 6 2

471.001
1 4 3 ,9 2 2
1 1 6 ,96 0
1 0 7 ,4 3 6

4 8 6 ,2 3 7
1 4 1 ,2 6 !
133.11*0
1 0 5 ,9 4 9

4 6 5 ,3 9 5
1 5 1 ,61 9
119 8 6 0
1 0 1 ,9 5 4

9401219

8 8 6 ,6 3 9

838,527

1997-98.
$
3 6 1 ,0 8 6
9 9 6 ,4 1 9
3 3 .7 7 5
2 6 ,7 4 7
5 0 .1 2 9

1896-97.
*
3 2 9 .5 3 6
8 1 1 ,0 7 3
3 5 .3 1 0
2 4 ,7 8 0
8 0 ,5 4 0

T o ta l arose earnings* 1 .4 6 8 ,1 5 6
E rp en ees —
T ra n s p o rta tio n
.............
M ain ten a n ce o f w a y , etc
1 6 9 ,1 8 5
M aintenance o f eq u ip ...
137 ,95 9
M isce lla n eou s an d fa x e s
1 1 9 ,67 9

R a n tin g * —
Pa**CTii<ers . . . . . . . . ______
F re ig h t and e x p r e s s .........
Milk an d m a r k e t in g ... ..
Mai is
..................... .
M isce lla n eou s— ___ . . . .

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

.1 .0 0 1 ,0 3 8

|
i
f
J

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

189 5 -9 6.
$
3 9 9 ,0 5 1

1 8 9 4 -9 5 .
$
4 3 9 ,0 5 5

5 0 0 ,1 1 8

4 4 3 ,9 7 3

3 9 9 ,05 1

4 3 9 ,0 5 5

1 7 4 .99 8
1 0 1 , 52
6 .8 4 6
2 6 ,8 6 1
1,808
7 ,7 0 0
3 5 ,9 3 5
1 41 ,66 8

1 T5 ,799
1 0 2 ,9 8 4
7 .6 0 4
2 6 ,8 6 1
1,757
7 ,5 2 5
35,9 41
8 5 ,5 0 0

1 7 1 .8 1 7
101 ,96 3
1 4 .4 2 7
26,7 41
1 ,7 1 6
7,«iOO
1 ,5 2 0
7 3 ,8 6 6

1 5 8 ,3 6 3
9 7 ,2 5 7
1 4 ,1 9 5
2 5 ,2 4 1
1 ,4 0 1
1 ,356
1 4 1 ,2 2 3

5 0 0 ,1 1 3

4 4 3 ,9 7 0

3 99 ,05 1

4 3 9 ,0 3 5

ISPS.
$

3807.
$

4.430,326 4.307.070 Common .stock........

Cost o f r o a d ........

ROAD AND OPERATIONS.

1 8 9 7 -9 8.
$
4 6 7 ,1 1 8
3 3 ,0 0 0

WESTERN MARYLAND RR. GENERAL BALANCE SHEET SEPT. 30.

The earnings, expenses, balance sheet, etc., were.
M iles o f n a d o p e r a t e d — . . .
L o c o m o t iv e s ............... ......... . .
P a ss e n g e r ca rs . . . ___ . . . . ____

279

Equipment, i . . . ...... 1,2*0.348 1,155,336 ^referred stock ......
Hjiuen Stat’n. prop 200,000
800,000 Morigage b on d s...,
178.854 Baltimore loan —
W . M. HR. Term '!.. 178,334
Securities owned . 1J8 ,750 1,282,750 Funded certificates.
Stocks owned _ _ 240,600
_
240.000 Unfunded coupons.
317,452
308.487 HUIen Station...... .
Sinking funds
47.615 Terminal Co
Material on hand .. 61.247
—
8.304
15,«77 Securities owned
Cash on hand ------271,42V 386/220 Bills parable ......
Profit and lo s s___
Bal. current s e cts..
•Accrued In* crest..
A ccrued rentals ...
T otal...... .
8,191,291 8/206.410
T o 'a l ................. 8,101,291 8.S06.419
'N o t e . —I n te re s t a ssu m e d b y B a ltim o r e C ity n o t in c lu d e d in a b o v e
ex h ib it.
BALT. A Ha R. RY. CO. GENERAL BALANCE 811 RET BRFT. 30.
#

189S.

Coat o f road, etc . 1,422.583

Bonds on band __
Sundry b*o», ofc„
owned

Balance of current

12.» 00
59.314

accounts
......... 159.842
Material an hand...
16,125

Cash on band.........

5.830

1SP7.
*

1808

1.417,347

1897.

„ fiooTooo
29,100
12.000 Prof, stock. 6 p. c...
. 570,000
. 12'*,000
58,314
Sundry b’d* tsee
e n t r a ) ...... .
53,311
1 2 \2 ? 1
8.H47 Accrued Im. {not
13,155
16.985
due)
. 188,954

890.900
39,10'*
570.000
120.000

1,683,091

1,634,706

T otal.................. 1.888,893 1.8*1.788
- V . 88, p. 11.

T otal..

63,314
13,425
163,028

St. Louis Southwestern Railway.
f Balance Sheet November .10, 1808.J

The following is the balance sheet of Nov. iiO 1898, fur­
,
nished to the New York Stock Exchange:
L ia b ilitie s —
A ttet* —
R o a d an d e q u ip m e n t,$ 6 5 ,8 0 4 ,1 3 1 Stock, preferred.........S20.000.000
Common........ .......... 16,300,000
e n f l P t. T e rm . R y .,
3 3 0 .0 0 0
C on stru ction ftrcc.......
2*>,723 it. L 8. W. 1st............ 20.000,000
339.000
R eal e sta te , A rk a n s a s
2 7 ,3 2 8 G. P. T. 1st..................
8,000,000
B ond * an d s t o c k * . . . . .
3 6 3 ,0 3 0 St. L. S. IV. 2 d .............
_
49',516
C a s h ..................................
2 9 2 ,9 13 Equipment trait# _
150,832
A cot*, c o lle c t ib le ........
8 1 6 .3 6 6 lilt, accrued................
A d v a n ce * t o a g e n t* .,.
18.4 89 s u n d r y a c c o u n t * .................................. 1 ,3 1 6 ,1 0 7
1 ,3 8 7
P rep a id I n s u r a n c e ...
10,6-19 H o sp ita l fu n d ................
1 7 4 ,4 3 8
S u p p lie r o n b a n d . . . . .
2 7 2 ,3 3 7 M is c e lla n e o u s ................
6 3 2 .6 8 3
M isce lla n e o u s a cct* ,
4 8 .8 3 8 Profit and l o s s .............

T o t a l ......................... $ 6 7 ,6 0 9 ,7 9 3

T o t a l ............... ..........$ 6 7 ,6 0 9 ,7 9 3

Since Nov. 30, the company states, all the floating debt
has been paid off except the enrrent vouchers, which amount
approximately to $100.000. The recent sale of $1,000,000
second mortgage bonds Is mentioned on a subsequent page,—
V. 68. p. 231.
Union Elevated Railroad Co. Chicago.
Balance Sheet o f Nov. 30,1808. J

The following has been furnished to the New York Stock
Exchange:
ofvkkal

m u t e s « heist

f o b t h e f is c a l y e a r e h b ie o h o v .

A its e lf—

In v e s tm e n ts ................... $ 9 ,2 3 7 ,0 0 0
U. E . R R . C o h 'd - held
In tr a c t b y th e C en t'!
7 6 3 ,0 6 0
Trust Go of
500
8 a*p'**i, p a y r o l l * etc.
2 8 ,4 0 9
C a s h ............ .....................
M o n e y a d v a n ce d to
9 2 .7 7 4
L o o p C on stru e'!! Oo.
5 3 ,7 8 4
A c c o u n ts r e c e iv a b le ..

I L ia b ilitie s —
| C apital s to o k .................
I First n w n tg a g e b o n d s
I A c c o u n ts p a y a b le ----j A c c r u e d t a x e s .............
I A ccru e d c o u p o n i n t ..
| S urplus to d a te ............

3 0 .1 8 9 8 .

$ 5 ,0 0 0 ,0 0 0
5 ,0 0 0 ,0 0 0
43
2,461
3 5 ,3 0 8
1 3 7 .65 5

|

T o t a l..........................$ 1 0 ,1 7 5 ,4 6 8 I

T o t a l.......................... $ 1 0 ,1 7 5 ,4 6 8

The revenue account for the year ending Nov. 30, 1898,
shows revenue from lessees, $335,986; miscellaneous income,
$ 1 ,6 3 6 : total income, $337,602. Deduct accrued interest on
4,237 first mortgage bonds, $210,054; expenses other than those
borne by lessees, $8,786; balance, surplus for year, $118,763,—
V. 66, p. 762.
Rogton Elevated Railway.
{R ep o rt f o r the year ending Sept. SO, 1898. J

President William A. Gaston Bays in part:
G en era l.—T h e b u s in e ss o f o u r le a se d r o a d . s h o w , a s a t is fa c t o r y and
su b sta n tia l In crease (a b o u t 5 T p e r cen t) In s p ite o f u n fa v o r a b le
w e a th e r and d is a p p o in tin g fina n cia l co n d itio n s . W e h a v e m a in ta in e d
tile lea sed p ro p e rty In excellen t, co n d itio n . T h e a d d itio n s c h a r g e d to
the W est End C o m p a n y u n d er th e p ro v is io n s o f th e le a se i n c l u d e .
N ew lin e to M ou n t A u b u rn ; e x te n s io n o n B lue H ill A v e n u e ; d ou b letruck 11 1 o f M ain a n d Salem streets, M ed ford ;
n ew c a r h o u se a t
E v e re tt, etc.; 13 m iles o f o ld tram o r T ra il tra ck h a v e b e e n relatd
w ith the b e st n in e inch g ird e r rail. 128 o p e n a n d 140 b o x ca r* h a v e
beep p u rch a sed . T o ta l n u m b e r o f m iles o f new trank la id and e q u ip p e d
w ith e le ctrica l a p p a ra tu s. In clu d in g s u b w a y , has b een 16*«.
S nbtntu.—O n S ept. 3 ,1 9 9 8 . the e n tire s u b w a y w a s o p e n t o th e p u b ­
lic, and sin ce th a t d a te has b e e n o p e ra te d b y us u n d e r c o n tr a c t. The
use o f th e s u b w a y fo r th e m o o th o f O c to b e r . 1 89 3 , w a s as fo llo w s , th e
la rgest use o f th e s u b w a y n o t b a v o tak en p la c e p r io r to that, m on th .
A v e r a g e d a lly n u m b e r o f oa rs ru n n in g th rou gh s u b w a y 3 ,5 1 8 , tota l
n u m b e r o f s n h w a r c h e c k , sold 1 .9 9 8 ,4 7 9 ; a v e ra g e n u m b e r o f s u b w a y
ch e e k s sold p er d a y In w h ole s u b w a y 6 4 .4 6 7 : fr e e tra n s fe rs In s u b w a y
7 4 9 ,0 8 7 ; a v e ra g e n u m b e r .. ’ e » . .n h w a v t r a n s fe r . n « r d a y 2 4,1 83 .

THE CHRONICLE.

280

W ork on Elevated S tru ctu re.—W itliln a s h o rt tim e w e e x p e c t to
h a v e u n d er c o n tr a c t a la rg e p r o p o r t io n o f th e s tru ctu re u p on th e
ro u te u p on w h ich w e h a v e been a u th oriz ed to b u ild b y the B osto n C ity
t.
s
ctu re w ill
b gu
at
Soverneunieng o f F ou n d a tion o ft o r e c e iv euo u rosf tru r s tr u ctu rebe illeb e n o m ­
tie o p
in
th e s p r in g
189.4. M oh
ou
w
c
p le te d b y the fo llo w in g rail. T he p lan s fo r th e term in a l sta tio n s a t
K o x b u r y a n d d e a r ie * to w n h a v e b een c o m p le te d , and a la rge p a rt o f th e
land req u ired th e re fo r has b een ta k en b y em in en t d o m a in o r p u r ­
ch a se d .

Earnings, Balance Sheets, Etc .—The company took posses­
sion of the property of the West End Street Ry. C o . on Dec.
30, 1897, but as the business of the leased road had been done
for account of the Elevated Co. since Oct. 1, 1897, this first
annual wiitten report covers the fiscal year from Oct. 1,
1897, to Sept. 80. 1898. The earnings for this period and the
balance sheets of both companies were given in the C h r o n ­
i c l e of Nov. 26, 1898, page 1107.- As shown, the results for
the year were as follows:
G ro ss e a rn ’ s fro m o p e ra tio n o f W est E n d St. R y . s y s te m ....$ 9 ,1 7 3 ,0 9 6
O p e r a tin g e x p e n s e s .............................................................................. 6 ,5 6 6 ,5 8 *
N e t e a rn in g s fr o m o p e ra tio n o f le a s e d lin es .......................... * 2 ,6 1 2 ,5 1 2
T o ta l p a y m en ts u n d er lea se o f W est E n d St. R y . O o...............$ 2 ,1 9 7 ,7 2 5
B a la n ce .......................................................................................................
4 1 4 ,7 8 7
A d d in terest o n s p e c ia l d e p o s it s .....................................................
7 8 ,i s 6
T o ta l n e t in c o m e .............................................................................
D ed u ctio n s—B oston E leva ted B y . Oo.
T a x e s ..................................................................................... $ 8 6 ,0 4 9
C o m p en sa tion t a x un d er A e t o f 1 8 9 7 ....................... 8 0 ,3 1 8

$ 4 9 2 ,9 4 4
1 6 6 ,3 6 7

[V ol. LXV111.

The net profits on a business to the extent of 70 per cent of
the capacity of the works it is estimated will produce over
$1,000,000 annually. The component companies are to be
taken over on Mirch 1 next, with adequate working capital
and free from debt. The profits to accrue on contracts
already secured will therefore be available for dividends,
which the new company proposes to pay quarterly, beginning
June 1 next, as follows: On the preferred stock \% per cent
and on the common stock at least
per cent, continuing
quarterly thereafter. The cash assets of the constituent
companies to be covered into the treasury of the new com­
pany exceed $5,000,009. To effect the consolidation and to
provide funds for the companies whose holders require cash
as a condition of assenting to the consolidation, Poor &
Greenough offer for subscription $15,000.010 preferred stock
at par, with an equal amount of the common stock.
The board of directors will be as follows:
W . K . B Ixtiy, o f M issou ri Oar a n d F o u n d ry C o.: G e o r g e H a rg r e a v e s,
o f M ioh iz a n -P e n in su la r C ar Co.; J. L. S m y se r, o f th e O h io F alls Car
M a n u fa ctu rin g Oo.; F re d e rick H . E a to n , o f tile J a o k s o n & W ood tn
M a n u fa c tu rin g Oo.; J . .T. A U b rig k t, o f U n io n C ar O o.; L ew is J . C o x , o f
T e rr e H a u te Oar & M a n u fa c tu rin g O o.; H. B. D a n k er, o f St. C harles
C ar C o.; C h a rles T. S c h o e n .o f P re s se d S teel C ar Oo. S to c k h o ld e rs
o f th e M ich ig a n P eninsular C ar C o. are a sk e d b y c ir o u la r to a u th o riz e
a o o m m itte e t o sell th e r e c ip ie n t ’ s s to c k a t th e b e st p rioe p o s s ib le ,
c o n tin g e n t o n th e c o n s e n t th e re to o f a m a jo rity o f s h a re h o ld e rs . T h e
sh a re h o ld e rs' co m m itte e is co m p o s e d o f J a m e s M cM illa n , F ra n k J
H eok er. C. L . F re e r , W. C. M c M illa n , G eo. R . T u rn b u ll a n d G e o r g e
C o p p e ll.

Subscriptions for the preferred stock closed on Thursday
and, it is stated, were in excess of the amount offered,—Y 67
p. 953, 1264.
S u rp lu s f o r th e y e a r ...........................................................................
$ 2 1 4 ,0 7 7
—V . 6 7, p . 1107.
American Beet Sugar Co. -Beet Sugar Consolidation.—
Prospectus.—A syndicate headed by Spencer Trask & Co.
Peoplo’s Glas Light & Coke Co. of Chicago.
and Kuhn, Lseb & Co. is interested in the organization of
this company, which will have a capital of $20,000 0 0 of
0,
f R eport fo r year ending Dec. 31, 1898.)
which $5,000,000 will be 6 per cent preferred. Of the pre­
The pamphlet report has not been received, but press ferred $1,000,000 is to be a treasury reserve. The company
dispatches give the following:
will take over the beet sugar properties of Henry T. Oxnard
18981 89 7 .
C hanges.
and W. Bayard Catting, viz.: Factory at Grand Island,
G rose r e c e ip t s ......................$ 7 ,2 6 5 ,5 2 6
$ 7 ,1 2 5 ,4 4 0
In c. $ 1 4 0 ,0 8 6
Neb., capacity 350 tons of beets per day; Norfolk, Neb.,
O p e ra tin g e x p e n s e s .......... 3 ,7 9 5 ,3 0 1
3 ,6 8 3 ,9 7 7
In c.
1 0 6 ,3 2 4
350 tons per day ; Chino Ranch, Southern California,
N e t ea rn in g s ..................... $ 3 ,4 7 0 ,2 2 5
$ 3 ,4 3 6 ,4 6 3
In c.
$ 3 3 ,7 6 2
750 tons per day, and Hneneme, Southern California (almost
In te re s t o n b o n d s .............. 1 ,8 4 2 ,3 0 0
1 ,8 1 2 ,3 0 0
.................
completed), 2,000 tons per day. In addition the projectors
have acquired 7,500 acres of the best farming land in the
S u rp lu s ................................ $ 1 ,6 2 7 ,9 2 5
$ 1 ,5 9 4 ,1 6 3
In c.
$ 3 3 ,7 6 2
- V . 6 7, p. 1111.
proximity of their California factories. The prospectus says :
G E N E R A L

IN V E S T M E N T

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

N E W S .

Reorganizations, Etc.—Latest D ata as to D efaults, R eor­
ganization Plans, Paym ent o f Overdue Coupons, Etc .—All
facts of this nature appearing since the publication of the last
issues of the I n v e s t o r s ’ and the S t r e e t R a i l w a y S u p p l e ­
may be readily found by means of the following index.
This index does not include matter in to-day’s C h r o n i c l e .
Fall-face figures indicate Volume 67.

m ents

R a il r o a d s & M is. C o .’ s
V olu m e 6 8 —
Austin (Tex.) Gas Light & Coal.
Balt. & Ohio ...... B. < u. Sowhw.
fc
plan operative,
decrees of fort closure.
Hproposition to holders of Staten
Ul. Rap. Tran. 2d o s . . . ..........
offer for Isis.
Central Verm ont— reorg. notice.
do
do ..........................sale.
Cleve. Can. & Sou.. .. .meeting to
authorize plan.
Col. Hock. Val. & Tol
. . .plan.
do
do .. .deposits; penalty.
Herring-Hall-Marvin Co ...plan.
Litcb. Car. & W est, .successor Co.
Peo. Dec. & Ev.not. to b mdh’ld'rs
Staten Isl. Rap. T r.proposition to
~
hold'Ts of td 5s.
Pdo
do
... offer for 1 st*.
Stuttgart & Ark. R iver......... sold
WheeL & Lake Erie.couponpay’t.
Street

R a il w a y s .

S t r e e t R a i l w a y s .— ( C ontinu ed.)
V olu m es 6 7 a n d 6 8 —
P a ge.
230

^
default.
88
D e n v e r (Col.) C ity Street. R R .,
185
sale: plan.
230 I D e n ve r (C ol.) Con. Tram .consoii-1 2 6 2
datinn with Denver Citu St. R R .V 2W 2
189 F o x R iv e r E le ctric (G reen Bay,
2*3 . VVis) ........................................„oia,
129
180 Interurban R y . (S a g in a w )..p ta a .l 1 1 l
230
K in gs Co. K U B ’k ly n .N .Y .h p la N .lS S H
do
do
deposits o f bonds
387
186 K ok o m o City Street R y . ...r ec r .
130
231 L. Onfc. A Riverside Ry. .forecVre. 1 1 6 i
231 M etro. W e s t Side E l..............sold.
40
232
.d o
do — reorganized
130
*233 New Orl. T ract.pla /i.G fH l, 7 3 Co.1 2 0 S
6,
188
do
do
...la s t a*s’t. called.
187
189 N ew Y ork Ph ila. & N orfolk,.n ew
securities authorized.
188
233
P en n sylva
189 Saginaw Un ia T ra ctio n .......reo'c/.1 2 0 N
nion St. R y .........plan. I H i
234 _ do
d o .......................new Co.
233
Syracuse & East Side . ..
sold
87
Page.. U nion St. R y . (Saginaw, M ich.)

V olum es 6 7 a n d 6 8 —
Akron (O.) St. Ry. & U L ...p fa n ,1 3 3 5 U nion T rac. o f N. J............. fsnld. * ^233
Brooklyn Elev’d..r«:Gr ionized Co. 230
ui d o • ...
reorg. notice.
131
Citizens’ St. RR. (India -apolls,
W est E n d (D e n v e r, Col.) Street
Ind.) ............... plan of reuro.
40 „ Ry .....................
sale; plan. 1 2 6 2
City Electric (Decatur, 111. *.recr.
129 Z an e sv ille (O.) Ry. & E l e c .. .sold
io
Crescent City (Now Orleans, La.)
do
do ........ reorganized Oo.
87

American Car & Foundry Co.-Michigan Peninsula
Car.—Ohio Falls Car.—Car Company Consolidation.
Prospectus.—The American Car & Foundry Co. is t
be organized under the laws of New Jersey, to consol
date the following manufactories of freight and passeno-e
cars: Michigan Peninsular Car Co. of Detroit, Michigan
Jackson & Woodin Manufacturing Cl. of Berwick Penn
Mosouri Car & Foundry Co. of St. Louis; Ohio Falls C
a
“ tebCo-of Jefforsonvlle, Ind.; Union Car Co. of Bnffalc
N. Y.; St. Charles Car Co. of St. Charles, M Wells l
o.;
French Co. of Chicago, III.; Terre Hints Car & Mfg. Co. c
ierre Haute, Ini. The total annual capacity so representei
.as 86- 0 freight cars; 50 coaches; 830,000 wheel
50
0
12o,n°0 tons castings; 30,010 tons pipe and 90,000 too
bar iron.
’
The capital stock to be authorized is $30,000,000 K noi
cumulative preferred and $30,010,000 common stock. 0
this, $3 40 ,0 0 preferred and a like amount of common stoc
00
are to be retained in the treasury for improvements, et.
The Central Trust Co. will be the depositary to carry or
the plan ot consolidation, and the plan will become operativ
as soon as Poor & Greenough give notice that the constituer
companies have complied with the terms of the plan,
S

S ta tem en ts b a s e d on th e o p e ra tio n s in the fa c t o r ie s in C a lifo rn ia a n d
N -b ra sk a s h o w th a t $ 2 .5 0 p e r t o n o o ve rs th e a ctu a l e x p e n s e ol' m a n u ­
fa c tu r in g sugar, an d in th e n e w fa c t o r y , w h ich is th re e tim e s as la rg e
as th a t o f C h in o, it is e x p e c t e d t h a t th e c o s t
he r e d u c e d t o $ 2 .0 0 .
T a k in g, h o w e v e r, $ 3 .0 0 as a c o n s e r v a tiv e e stim a te , w e h a v e th e
fo llo w in g : B e e ts o o s t $ 4 .0 0 p e r to n ; e x p e n s e o f w o r k in g b e e ts in t o
s u g a r $ 3 .0 0 p e r to n ; t o ta l e x p e n s e s $ 7 .0 0 p er to n . A m o u n t r e a liz e d
fr o m the sa le o f th e p ro d u c t a t fo u r c e n ts p e r p o u n d $ 1 0 . 0 0 ; b a la n c e ,
n e t p ro fit p e r t o n $ 3.0 0.

w
ill

The earnings, obtained from the prospectus, are:
T h e th re e p la n ts in o p e r a tio n s h o w e d : G ro ss p ro fits In 1 898 $ 4 3 5 ,9 5 3 , a ga lu st $ 6 9 ',3 8 3 in 1 897; n o t $ 2 9 5,208 a g a in st $ 5 6 0 ,8 8 1 , t h e
d e cre a se in 1 89 8 b e in g a ttrib u te d to d e cre a s e d b e e t a cre a g e , o c c a ­
sio n e d by u n p re ce d e n te d d ro u g h t in O a lifo nta, a n d th e in cr e a s e d
c u ltiv a tio n o f w h e a t as a re s u lt o f th e Leiter d ea l.
F or n orm al
season g r o ss p rollts o f oora p leted p la n t a re e s tim a te d a t $ 1 ,5 2 3 ,0 0 0 ;
n e t $ 1 ,2 4 $ ,0 0 0 .

American Potteries C o.—New Com pany .—The facts re­
garding this new company were given in our last issue.
M-ssrs. J. & W. Seligman & Co. have agreed to take a large
interest in the new securities, but are not forming the syndi­
cate.—V. 68, p. 229.
Astoria Power, Heat & Light Co.—$500 000 M ortgage.—
The company has filed a mortgage to the Union Trust Co., as
trustee, to secure an issue of $500,000 fifty-year 5 per cent
$1,000 gold bonds. The company proposes to erect gas and
electric plants on its Astoria property for the purpose of
supplying patrons in New York City. A bill to permit it to
do this has been introduced at Albany.—V. 63, p. 185.
Boston & Albany.—Q uarterly .—Earnings for the quarter
and the six monthsending Dec, 31 have been reported:
3 m os.cnclGross
N et
I n te rest,
inff Dec.'S 1, B urn in gs. E a rn in g s.
taxes, etc.
1 8 9 3 .......... $ 2 ,3 9 6 ,0 2 7 $ 1 ,0 5 2 ,9 5 0
$ 7 6 5 ,8 0 4
1 8 9 7 .......... 2 ,3 7 6 ,5 6 4
1 ,0 1 9 ,5 6 8
7 3 8 ,4 9 9
6 m onths.
189-1.......... $ 4 ,7 6 6 ,1 1 6 $ 1 ,9 2 6 ,8 0 7 $ 1 ,4 1 9 ,1 4 6
i 8 9 7 .......... 4 .8 9 8 ,9 6 6
1 ,6 1 0 ,3 1 1
1 ,3 8 1 ,1 1 4
—V . 6 8 , p . 84.

D iv id e n d s
P a u l.
$ 5 0 0 ,0 0 0
5 0 0 ,0 - 0

B a la n c e ,
D eficit.
$ 2 1 2 ,8 5 4
2 1 8 ,9 3 0

$ 1 ,0 0 0 ,0 0 0
1 ,0 0 0 ,0 0 0

$ 4 9 2 ,3 3 9
7 4 0 .6 0 3

Boston ite Maine.—Quarterly .—Earnings for the quarter
and the six months ending Dec. 31 have been reported:
3 m os.en d Gross
N et
i n g Dec.3 1. E a rn in g s.
E a rn in g s.
1 8 9 8 ......... $ 4 ,9 8 3 ,8 6 1 $ 1 ,5 2 0 ,5 7 7
1897
4 ,9 9 0 ,0 4 6 1 ,5 4 6 ,4 9 5
6 m onths.
1 898 ......... $ 1 0 ,3 6 5 ,8 3 3 $ 3 ,3 7 1 ,5 7 4
1 8 9 7 ......... 1 0 ,6 5 5 ,9 4 3
3 ,4 6 4 ,1 4 5
—V . 6 7, p . 8 9 9 .
.

B a la n c e ...........................................................................................
In te re s t p a id t o h o ld e rs o f B oston E le v a te d R y . re c e ip ts ,
A u g. 1 5 ,1 8 9 8 , 2 q p . c. o n a m ou n t a c tu a lly p a id i n ____

O ther
I n co m e.
$ 1 6 7 ,4 4 1
1 7 2 ,7 8 0

In te r e s t,
ta xes, etc,
$ 1 ,3 5 8 ,7 9 )
1 ,3 5 7 ,8 3 2

B a la n c e ,
s u r p lu s
$ 3 2 9 ,2 2 8
3 6 1 ,4 4 3

$ 2 7 3 ,0 2 8
2 9 4 ,4 9 2

$ 2 ,7 1 9 ,6 9 6
2 ,7 0 7 ,2 9 8

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

Brooklyn Union Elevated RR.—Officers.—The following
are the officers elected this week : President, Frederick Uhlmann; Vice-President, William Halls. Jr.; Secretary, Elmer
E. Whittaker; Treasurer, George W. Wingate.—V. 68, p. 230.
Buffalo City Gas.—Securities A cqu ired .— T he Buffalo City
Gas Co. yesterday acquired the bulk of the outstanding stock
and bonds of the People’s Gas Light & Coke Co., and now
hold over $1,900,000 of $2,100,00 i bonds and over $2,600,000
of the $3,000,000 stock.—V. 67, p. 1355.
Buffalo General Electric Co.—M ortgage,— Called Bonds.
—The stockholders on Feb. 1 authorized the new mort­
gage to secure $2,400,000 of 5 per cent forty-year gold

THE (JBJELON1CLE,

F ebruary 11, 1899,]

bonds, to be issued for refunding; and ibe mortgage has been
executed, the Fidelity Trust & Guaranty Co. of Baltimore
being trustee. Both the bonds of the Buffalo General Elec­
tric Co. and of the former Thomson-Houston Electric Light
& Power Co. were exchangeable at par for the new 5s, and if
not so exchanged were to be redeemed Feb. 1, 1899, at 104 in
cash.—V. 68, p. 185.
Cape Fear A Yadkin Valley lty.—Atlantic A Yadkin Ry.
—Atlantic Coast Line.— Transferred to Purchaser!.—New
Company .—The Cape Fear & Yadkin Valley Rr., recently
foreclosed, was transferred on Feb. 3 to the purchasers, who
are leading officials of the Atlantic Coast Line system.
The cash paid was §1,900,000 and the balance in bonds and
past-due coupons of different series and aggregating about
|1 .325,000. The new corporation will be known as the At­
lantic & Yadkin Railway Co., and will take possession of the
property' at midnight on Feb. 14. On Feb. 6 Warren G.
Elliott was elected President and Henry Walters Vice Presi­
dent.—V. 68, p. 128; V. 67, p. 1855.
Chesapeake A Ohio Canal.—Bid Rejected .—The Maryland
State authorities have rejected the bid of C. K. Lord. Presi
dent of the Consolidation Coal Co., for the Canal. He offered
§390,000, agreeing to keep the canal open as a waterway for
twenty years. The Consolidation Coal Co. ts largely con­
trolled by the Baltimore & Ohio RR., and the bid was re­
garded as an indirect bid of the B, & O.—V. 67, p. 1108.
Chesapeake A Ohio Ry.—Listed ,—The New York Stock
Exchange has listed $322,000additional general mortgage 4'4%
f old bonds of 1992. makiDg total listed to date $24.' 50,000.
he bonds now listed have been used $152,000 of them to
discharge final liens on equipment purchased some years ago
and subject to the
mortgage and $170,000 to retire the
total issue of New River Bridge bonds on a bridge now
subject to the44£f mortgage. The satisfaction of the Bridge
Company mortgage is now in progress. The railway com­
pany continnee its policy of charging to operating expenses
all miscellaneous construction items along its line, such as
new stations, sidings, water tanks, ballast, etc. The com­
pany has no floating debt.
Earning *.—For the half-years ending Dec. 31 results were:
8 m
o*.
Grot*
Bet
Interest
Ratanee,
to Dee. 31.
Banting*.
1*98....................$6,248,700
1897...... ............. 6,047,766
—V. 68. p. 230.

Banting*.
*-',178,081
2,03S,016

on Bond*.
*1 ,584.5*3
1,572,183

Surplus,
$01 < 09 7
-1*10.8'VI

Chicago it Alton RR.— Official C in u la re a* to S ale —
Three
circulars were mailed to the stockholders of the Chicago &
Alton on Saturday last. One came from John J. Mitchell,
President of the Illinois Trust & Savings Bank of Chicago,
offering on behalf of the Harriman syndicate to purchase
not less than a majority interest in the stock at §175 a
share for the common stock and $20 for the preferred. The
0
syndicate consists of George J. Gould, Jacob H. Schiff, John
D, Rockefeller, and E. H. Harriman. The syndicate has
deposited the purchase money with the United States Trust
Co., and its offer will remain open until March t. The
shareholders who do not accept and who prove to be in the
minority on March 1 will have to negotiate with the syndi­
cate privately to dinpone of their holdings.
The Chicago & Alton, if acquired, will tie operated in the
interest of several important lines with which the syndicate
is identified. At the moment, however, the purchase ia a
private transaction on the part of the syndicate. The Al­
ton bonded debt will, it is stated, be refunded on a
or 4per-cent basis.
The second circular advocates the acceptance of the syndi­
cate's proposition, and is signed by the following seven
directors; Morris K. Jesop, John A. Stewart, John J. Mitch­
ell, of Chicago, Marshall Field, Altert A. Sprague, A. C.
Bartlett and Charles H Chappell. These constitute the en­
tire board, excepting Messrs, T. B. and W
ilLiarn N Blaek.
atone. The circular to part is substantially as follows :
W « b o iie v e . n o tw ith s ta n d in g tfio g e n e ra l a d v a n c e In r a '.o e o f ra il­
w a y sh a res, th a t She p rice o ff-r e d . n a m e ly , # 2 0 0 p er share f o r ea ch
*1; * e o f th e p referred a n d 8 175 per sh a re fur e a ch th ere o f th e c o m ­
m o n , is » fate p r ic e fo e th e s to c k .
W e th e re fo r. re c o m m e n d Its
a cce p ta n ce .
T h e C h ica g o Jc A lton R R Is w ith ou t oo n n e o tlo n * e ith e r ea st o r w e s t
s u b o rd in a te to Us ow e. c o r p o r a t e c o n tr o l. A t Im p orta n t p o in ts , io erea a in e c o m p e titio n a irsa d y exlatim t an d th re a te n e d , w lt n th e g e n ­
e ra l te n d e n cy to d eereaw sl nates o f tra n s p o r ta tio n am i to In creased
ra tes o f ta x a tio n , n u t * it m o re a n d m ore difileutt fo r the roa d t o c it
P n n e th e e a rn in g s o f th e p ast. T h ese fa cts, tn o u r o p in io n , co n stitu te
co n d itio n s a ffectin g the fu tu r e o f the p ro p e rty w h ich w ill e x is t a n d bn
fe lt n o tw ith s ta n d in g th e b o n d e d in d eb ted n ess o f the co r o p m y ahstl
h e re fu n d ed .
In a u d ition , th e c o m p a n y w ill. In o a r o p in io n , ho
o b lig e d 10 e x p e n d a r a re - sum fo r tra ck ele v a tio n in C h ica g o an d f o r
th e p u rp o s e o f p u ttin g the ro a d a n d Its a p p u rte n a n ce s in co h d itio u , in
co m p e titio n w ith o t h e r lin es, to e co n o m ica lly d o the busin ess w h ich
sh a ll be offered to U. f o r these a n d o th e r rea son s wo w ill fo r o u r ­
s e lv e s a c c e p t the said p ro p o s itio n a n d fo r th w ith d e p o s it o u r o w n s t o c k
w ith the U nited S tates T ru st C o. o f -Yew Y o r k u n d er th e a g reem en t.

The third circular is a document of much length, signed
by President T. B, Blaikstone, Ho say» that he see* no
reason why any one holding shares should wish to sell them :
that the price offered is not comtnanenrede with the value of
the stock in the market and as a dividend-payer ; that some
Of the conditions annexed to the proposal to buy are am­
biguous, while others are contrary to the articles of incor­
poration of the Alton road. Further contentions of the cir­
cular ate shown in the following :
T he d eed o f c o n v e y a n c e b y w h ich th e A lt o n ta k e* title t o 2 2 0 m ile s
of lie lin e e x p r e ss ly p rov id e* that n o sale o f th a t p o rtio n o f th e road
ca n tak e p la c e e x c e p t by th e c o n s e n t o f th ree-q u a rter* o f the h old e rs
of th e p referred M eek, an d th a t n o p a ym en t o f d iv id en d shall be

281

m a d e u n til th e g u a r a n te e d d iv id e n d u p o n th e p re fe rr e d s to c k sh a ll
h a v e b e e n p a id . H e h im s e lf h o ld s 3 3 p er c e n t o f th e s to c k , an d s a y s
th a t he f o r o n e is n o t w illin g t o a c c e d e t o th e p r o p o s e d sale. H o c a lls
a tte n tio n to t h e fa c t th a t th e ca p a city o f th e ro a d t o p a y d iv id e n d s o f
fr o m 8 t o 1 0 p e r ce n t f o r th e la s t s ix te e n y e a rs , w ith th e e x c e p t io n o f
tw o y e a rs, w a s b y r e a s o n o f th e ch a r a c te r o f Its traffic. I t s te rm in i
b e in g K a n sa s C ity . St. L ou is a n d C h ica go, 8 0 p e r ce n t o f its fre ig h t
traffic a n d 9 0 p e r ce n t o f its p a ss e n g e r b u sin e ss h a v e b e e n e n t ir e ly
lo ca l. N e a r ly a ll o f the b o n d e d d e b t o f th e c o m p a n y m a tu re s in 190U,
o r w ith in th re e y e a rs th e re a fte r, an d he co n sid e rs i t n o w w ith in th e
p o w e r o f th e c o m p a n y to re fu n d its b o n d s so as to re d u ce fix e d
ch a rge s a n d thus ad d to th e e a rn in g s a v a ila b le f o r d iv id e n d s an
a m o u n t e q u a l t o 2 p e r c e n t p e r a n n u m o n th e sh a res o f th e o o u ip a n v .
- V . 6 8 , p . 230.

Chicago Indianapolis & Louisville Ry.—Earnings .—
Earnings for the five months ending Nov. 30:
5 m os.
Gross.
B et.
1 8 9 8 ........................................... $ 1 ,5 0 9 ,1 5 1 $ 5 1 1 ,1 9 8
1 897........................................... 1,527,79-1
4 9 3 ,5 6 9

C harges.
$ 3 9 9 ,6 1 3
3 9 7 ,9 3 7

S u rp lu s.
$ 1 1 1 ,3 8 5
1 0 0 ,6 3 2

The surplus is equal to more than 2 per cent upon the §5,000 preferred stock of the company.—V. 67, p. 1356.
,000
Citizens’ Street RR. of Indianapolis—City Rll.—C on­
st ltd at ion .—A committee consisting of John C. Bullitt,
Wm. McLean, Joseph S. Neff, R. H. Rnshton and Win. Jay
Turner gives notice that the holders of a majority in amount
of all the shares of the Citizens' Street RR. have assented in
writing to the terms of an agreement providing for the
deposit of their shares with the Guaranty Trust & Safe
Deposit Co. “ for such use as the committee may think best
in protecting the interests of stockholders.” “Philadelphia
Financial News" says that the plan proposed is to give
Citizens’ stockholders 50 per cent in a 4 per cent bond of a
new company and L per cent in stock of new company.
0
The assents yvere said this week to aggregate 43,000 out of
50,000 shares.
Rehearing.—The Supreme Court of Indiana has granted a
reheariug in the litigation between the Citizens’ Street Rail­
way, the City Railway Co. and the City of IndianopoHs.—
(See Y. 67, p. 1356).—V. 68, p. 40.
Cleveland Canton A Southern RR.—Sold.—At the fore­
closure sale on February 4 the representatives of the first
mortgage bondholders were the only bidders; they purchased
the Cleveland & Canton division for $1,900,000 and the
Wavnesburg & Canton branch for $50,000. The Cleve­
land Chagrin Falls & Northern, the unset price for which
was $50,000. was not sold.—V. 68, p. ISO
.
Cleveland & Pittsburg UR.—Listed.—The New York
Stock Exchange has listed $301,000 additional general mort­
gage 4'* per cent guaranteed gold bonds, Series B, of 1943
marking total of this series listed to date $2,000,000. The
additional bonds were issued against an equal number of the
construction and equipment bonds retired.—Y. 68, p. 919.
Columbus Hocking Valley A Toledo Ry.—L isted.—The
N, Y. Stock Exchange has listed J. P. Morgan & Co. en­
graved reorganization certificates of deposit lor $3,352,300
preferred stock and $9,896,600 common stock; also ,T P. Mor­
.
gan & Co. engraved certificates of deposit (stamped as as­
senting to plan), for $1,554,000 general lien gold 44 bonds,
ifilM; $7,357,000 consolidated 54 bonds, 1931 and $1,903,000
J
general gold 64 bonds, 1904. The committee is empowered
to add to the list from time to time additional certificates
of deposit as issued.—V. 68, p. 281.
Consolidated Gas Co. of New York.—Listed.—The New
York Stock Exchange has listed $1,848,000 additional capital
stock, making total listed to date $39,078,000. The proceeds
derived from the sale of these additional shares “are to be
used for the purpose of extensions, improvements, and for
the general purposes of the company, inclnling the retire­
ment of outstanding obligations u otherwise provided for."
ofc
The balance sheet of Dec. 31, 1898, appears under the head­
ing “Annual Reports."—V. 67, p. 1207.
Denver City Tramway—In corporated — Consolidation .—
This company, which is to absorb, per plan in V 67, p. 1262,
all the leading street railways of the city of Denver, was in­
corporated several weeks ago. The Denver City Traction
Co. was also incorporated recently, bat it merely took over
the property of the Denver City and the West End railways
after foreclosure, as a preliminary step in the general con­
solidation. Tbe stockholders of the Denver Consolidated
Tramway Co. will vote Feb. 15 on the proposition to consoli­
date with the Denver City Traction nnder the title of the
Denver City Tramway. The Traction Company will take
possession of its two linea next week and will immediately
transfer them to tbe Denver City Tramway Co. The securi­
ties of the new company are shown in the plan already men­
tioned.—V. 67, n. 1202.’
Res Mnines (Iowa) Edison Light—Des Moines Water
Bower—
Capital City Has—Consolidation —.V M ortgage.—
eio
The following regarding the consolidation effected, or about
to be effected, is believed to be correct:
T he Do* M oines E d iso n E le c tr ic L ig h t Ho. a fe w w eek s a g o (lied
a m e n d e d a rticle * o f in o o rp o - at ion , p r o v id in g a m o n g o th e r th in g s f o r
an in crease o f Its ca p ita ! sto o k fro m $ 1 3 3 .0 >0 to $ 45 9 ,0 0 0 . This in­
cre a se w » p re p a ra to ry to c o n s o lid a tio n w ith th e C ap ita l O ity G a s Oo.
nail the Des M oines W a te r P o w e r C!o. T h e drat t w o con i pantos h a v e
f o r a co n s id e ra b le tim e been 'W iled by the G en era l E l e c t r o C o ; the
la st nam ed was re c e n tly a p a ir e d b y it. T h e D es M oines E d is o n
L igh t C o . has n o w e x e c u te d a first m o rtg a g e to tb e A m e rica n L o a n &
Trust, C o m p a n y o r B o sto n , as tru stee, to se cu re $ 3 0 0 ,0 0 0 o f 5 p e r
ce n t le n d s . T h e co n so lid a tio n a g re e m e n t p r o v id e s that $ 2 6 0 ,0 ;>o o f
th e n e w loa n shall b e a p p lie d t o th e im m e d ia te re d e m p tio n o f all th e
b o n d s o f the E d ison L ight Co. an d tile W ater P o w e r C o. a n a t o p a y
fo r th e gas p la n t, and t hat- the. re m a in in g $ 4 0 ,0 0 0 shall he u sed fo r
Im p ro v e m e n ts, etc. T he gross earniutt* f o r 1 *97 w e re $ 8 3 ,0 0 0 ; n e t
$ 2 3 ,0 0 0 .—V. 6 7 , p . 689.

282

THE CHRONICLE.

Detroit Ypsilanti & Ann Arbor Electric Ry.— New Mort
company has made a consolidated mortgage for
$1,000,000 to provide for extensions and improvements; $60 ,0
0 0 of this amount can be issned only on retirement of $600,0
OOfirst 6s of 1897, due 1917.—V. 66, p. 1089.
C
Dnlnth Missabe & Northern R y.— Called Bonds.—Ssventy-fonr first consolidated mortgage bonds dated Jan. 1, 1893,
and for $1,000 each have been drawn and will be paid at the
Central Trust Co. on or after the 14th day of February. 1899,
at 105 and interest, say $1,057 17 per bond.—V. 66, p. 573.
Edison Electric Illuminating Co. of Brooklyn.—Listed.—
The New York Stock Exchange has listed $2,000,000 first
consolidated mortgage bonds of 1939.—V. 67, p. 736.
Electric Co. of America.—Jamaica(N. Y.) Electric Light
& Power Co.—Acquisition.— It is understood the Electric Co.
of America recently organized, and haying its headquarters
in Philadelphia, has acquired the Jamaica Electric Light &
Power Co., and has increased its capital stock to$1,506,000.
Other acquisitions of the Electric Co. are sai 1 to be two in
Camden, N. J., and one in Atlantic City. N. J , acquired
through the Pennsylvania Manufacturing L!ght & Power Co.
—V. 68, p. 85.
Evansville & Terre Haute RR.—Earnings. -D ivid en d s.—
The net earnings of the entire system for the six months
ending Dec. 31 were $379,170, against $338,550 in the same
period of 1897. Fixed charges and taxes were $289,039, leav­
ing a balance of $90,131. A director states that the inten­
tion is to pay the full 5 per cent on the preferred stock out of
the earnings for the fiscal year ending June 30,1899, viz., V/2
p. c. in October, 1899, and
p. c. in April, 1900, as compared
with 4 per cent last year and 2 per cent in 1898 This pay­
ment, $56,850, has been more than earned in the first half of
the fiscal yea'..—V. 67, p. 898.
Fort Wayne (Ind.) Electric Corporation—Bankruptcy
Suit.—A petition was filed at Fort Wayne, Ind., on Jan. 3
0
asking that the company be declared bankrupt. The indebt­
edness of the company is estimated at nearly $900,000 and
its assets at from $50
0,000 to $700,000.
General Electric Co.—Final Payment on A rrears o f Pre
ferred Stock Dividend.—The company has declared a divi
dend of $19 0 2-3 per share on its preferred stoek, payable
5
March 8. This completes the payment of the back dividends
on the preferred stock.—V. 68, p. 129.
Illinois Steel Co.—Option to R etain Called Bonds on
T
Vaiver o f Conversion Right.—The notice of the company’s
intention to retire on May 3, 1899, the bonds for $6,200,000,
dated January 1, 1890, was mentioned last week. The com­
pany now offers to waive for the present, the right to retire
such of the bonds as shall on or before May 3, 1899, be pre­
sented to have endorsed thereon the following:
gage.—The

“ F o r a v a lu a b le con sid era tion th e h old er a n d o w n e r o l this b o n d
and c o u p o n s a tta ch ed p e rm a n en tly w a iv e s th e rig h t t o e x c h a n g e the
sam e f o r ca p ita l s tock o f th e Illin ois S teel C om p a n y .” —V . 6 8 , p. 232.

International Air Power—New York Auto-Truck Co.—
Corliss
Steam Engine Works were purchased this week for $1,600,000
by a syndicate including Joseph H. Hoadley (a director of
both the International Air Power and New York AutoTrnck companies), Lewis Nixon, Edwin S. Cramp, W. H.
Knight, Charles A. Lieb and others. Joseph Leiter, two
weeks ago, when discussing the plans of the International
Air Power Co. (see V. 68, p. 130), intimated that besides the
Rhode Island Locomotive Works, already secured, several
other manufacturing plants would be acquired. The present
purchase is apparently in pursuance of this plan, but to what
company the Corliss works will be transferred does not
definitely appear. Mr. Hoadley is quoted as saying :
Purchase o f Corliss Steam Engine W orks .—The

T h e re are eleven o th e r Arm s w h loii w e w ish t o a cq u ire, and then w e
w ill o o n trol th e m a k in g o f en g in es in th is co u n try , and, t o a la rge e x ­
ten t, th rou g h ou t th e w orld . O f th e elev en , eig h t h a v e a greed to c o ­
o p e ra te w ith us, and th e oth ers a re p ro b a b ly su re to do so. T he co u n ­
sel o f the co m p a n y w ill b e G e o r g e 8 . G rah am , D is tr ic t-A tto r n e y o f
P h iladelph ia. The u ltim a te oa p ita l w ill b e a b ou t $ 2 5 ,0 0 0 ,0 0 0 . W e
w ill so o n b egin la rg e fa cto rie s , eith er In this s ta te o r N ew J ersey . In
a fe w d a y s w e e x p e o t t o run th e fa cto rie s o f the G reen e and W h eelook
E n g in e com p a n ies o f W orcester, M ass., in c o n ju n c t io n w ith th e C or­
liss w orks.
O f co u rse o u r p rin olp a l o b je c t in g a in in g c o n tr o l o f these com p a n ie s
Is to su p ersede the p o w e r o f steam w ith th a t o f c o m o re s se d air.
M any Btreet ra ilw a y c o m p a n ie s h a v e a lrea d y ask ed fo r estim ates fo r
e q u ip p in g th eir system s. T h e C orliss w o r k s h a v e a b o u t 1 ,8 0 0 m en on
their p a y rolls. T hey h a v e re c e n tly ob tained a c o n tr a c t w ith the B o s ­
ton E lev a ted R y . Co. fo r th e la rg est stea m en g in e e v e r built. I t w ill
w eigh n ea rly 6 0 0 ton s and w ill h a v e 7 ,5 0 0 -h orse p o w e r T h e fa m ou s
C orliss C entennial en g in e ha d o n ly 1,4 0 0 -h orse p ow er.

The New York Auto-Truck Co. was incorporated Jan. 14,
in New Jersey, to do a general trucking business in the city
of New York by means of self-propelling vehicles to be
manufactured by the International Air Power Co. “ at its
Providence and Worcester shops.” The authorized capital
stock of the Auto-Truck Co. is $10,000,000. The officers are :
O flicers: J osep h N. H o a d le y . P resid en t: L ew is N ix o n ,V ice P resid e n t:
N athan Straus, T reasurer; C. C H a rd y , S ecreta ry ; A u gu stu s V an
W y ck , gen era l cou n sel.
Directors: .1. II. Headley, Arthur P. Gorman, Nathan Straus, Lewis Nixon
Richard Crokerand Robert J. McKinstry.—V. 08. p. 1st).

International Navigation.—New Mortgage fo r R e f unding.
—The stockholders will meet February 20 to authorize the
refunding at 5% of the first mortgage 5% loan of $6,000
,000
($5,441,000 outstanding) which is due in 1906, but which is
subject to call at 105 and interest. The new 6% loan will be
made large enough to provide for the construction of several
new steamers. The first mortgage bondholders, it is under­
stood, will be allowed to exchange their
bonds for the
new ones, on termato be hereafter announced. Besides thefirst
mortgage there is a general mortgage for $6,000,000 $3,519,-

fvoi. liX IIJ
V ,

0 0 issued) securing 63 bonds due in 1 9 1 5 , but subject to call
0
at par after October 1, 1905. The company’s capital stock is:
Common $5,000,000: preferred, 8%non-cumu'ative ($10,000,000
authorized), $9,205,000, all full-paid.—V. 66, p. 234.
Iowa Central Ry.— D '.v iien l .—The directors ouMmday
declared a dividend of 1!£ per cent on the preferred stock,
payable March 1. “ from the net earnings of the last six
months.-’ The only previous dividend was 1 per cent, paid in
1892. President Kimball says :
S in ce th e c o m p a n y ’ s re o rg a n iz a tio n , te n y e a rs a g o , its n e t e a rn in g s
h a ve b een e x p e n d e d o n th e ro a d , u n til n o w th e p h y sica l c o n d it io n is
s u ch th a t a p o rtio n o f its ea rn in g s m a y b e u sed f o r d iv id e n d s o n the
p re fe rr e d sto ck . A la rg e r d iv id e n d m ig h t h a v e b e e n m a d e , b u t th e
d ire cto rs m a d e it o u ly lh s p e r c e n t as a c o n s e r v a tiv e a m o u n t, w ith th e
p r o b a b ility th a t it w ill b e m u ch la rg e r s ix m on th s f r o m n o w . T h e
G en era l M a n a ger re p o rts th a t th e b u sin e ss in s ig h t f o r t h e n e x t s ix
m o n th 8 is cle a r ly the la rg e s t in Ih e h is to r y o f th e ro a d , an d th a t rates
w ere n e v e r b e tte r m a in ta in e d .—V. 6 7, p. 9 5 6 .

Kokomo (Ind.) City St. Ry.—Sold. — The property was
purchased at foreclosure sale Jan. 28 by W. P. Stevens
of Detroit, owner of the Kokomo Electric Light Co.,
Mich., for $9,000. Tue road it is said will be bonded for
$90,000 and the system improved and extended—V. 68, p. 130.
Lake Erie & Western RR.—Pittsburg & Western RR.—
“ Obligations.’’—la the circular regarding the Lake Erie &
Western dividend referred to last week, it was stated “the
company has one or two large obligations, which will be
the subject of future consideration, out as to which the
management would be glad to confer with any shareholder
who may wish to be informed in respect to them.” As to
these obligations. Chairman Whitridge says that they refer
to a loan upon Pittsburg & Western bonds made to secure an
interest in that road and the unpaid portion of a loan created
on account of the Cleveland & New Castle. In view of the
present relations with the Pittsburg & Western, the new
management deem it unnecessary to proseed farther with
the Cleveland & New Castle, which, if built, would parallel
the P. & W.”—V. 68, p. 130, 188.
Leavenworth Topeka & Southwestern Ry.—Foreclosure
Decree. —Judge Foster, in the Federal Court at Topeka, on Feb.
7. entered a decree for the foreclosure sale of this property.
The amount due on the mortgage is $1,705,692 —V. 62, p. 186.
Long Island RR.—Bond Issue and Funding and Consoli­
dation Plan.—The oompany’s funding and refunding clan is
expected to be announced within a few days. It provides
for an issue of 4 per cent bonds for the purpose of retiring
the floating debt and other obligations; it wilt result in
a considerable saving of interest charges. The new mort­
gage has been drawn for some time past.—Y. 67, p. 1003.
Louisville & Nashville RR.—Listed.—The New York
S tock Exchange has listed $12,500,001 5-20 collateral 4 par
cent trust gold bonds of 1903-18. These bonds were fully
described iii C h r o n ic l e of Jan. 14, at bottom of page 87.—
V. 68, p. 232.
Manhattan Ry. —New Stock Issu e—Economies fr o m Use
o f Electricity. -‘ resident George J. Gould is quoted sub­
P
stantially as follows :
T h e p u b lic has v e r y little id e a h o w t h o r o u g h ly th e m a n a g e m e n t ha s
in v e s tig a te d th e s u b je ct o f e le c t r ic a l p o w e r T h e in v e s tig a tio n s e m ­
b ra ce d th e u se o f e le o tiio a l p o w e r on b o th e le v a te d an d s u rfa ce ro a d s
b y e v e r y im p o r ta n t p la n t in this c o u n tr y , p a r tic u la r ly th o s e in N ew
York. B ro o k ly n a n d C h ica go . T h e resu lts a re so m e th in g m a r v e lo u s .
C o n s e rv a tiv e e stim a te s s h o w a s a v in g o f 2 ^ ce n ts a m ile o n th e e n tire
ca r m ile a g e m a d e o n th e e le v a te d ro a d s. A s w e a re n o w ru n n in g
o v e r fo r t ? m illio n oar, m iles p e r y e a r the s a v in g in o p e r a t in g e x p e n s e s
a lo n e w ill b e o v e r $ 1 ,0 0 0 , 0 ;) 0 p e r y e a r, w h ic h , w ith o th e r e co n o m ie s
p o ss ib le , is suffi d e n t t o p a y 5 p e r ce n t on th e n e w o a p ita l a n d 1 p e r
c e n t a d d itio n a l o n th e p re s e n t c a p i t a l ; in o th e r w o rd s, t o p u t th e
w h o le p r o p e r ty o n a so u n d 5 p e r ce n t basis.
T his re s u lt w ill b e a cco m p lis h e d e v e n i f w e s h o u ld n o t a d d o n e
a d d itio n a l p a ss e n g e r to o u r p re s e n t tra ffic. B ut th e re is n o q u e s tio n
th a t th e n e w m o tiv e p o w e r w ill a d d v e r y la r g e ly t o o u r tra ffic. T h e
in cr e a s e in sp e e d w ill b e fro m 16 to 18 p e r ce n t, a n d th e in cr e a s e in
c a p a c ity o f o u r tra in s d u rin g ru sh h o u rs w ill b e 2 0 p e r ce n t, e n a b lin g
th e c o m p a n y t o h a n d le ics tra ffic in v e r y m u ch b e tte r sh a pe. W hen
tra ffic is lig h t o u r tra in s n o w ru n o n s o m e o f t b e lin e s o n a six -m in u te
h e a d w a y . T h e a p p lica tio n o f e le c tr ic ity w ill e n a b le us t o ru n ca rs
w ith o u t a n y a d d itio n a l e x p e n s e o n a h e a d w a y o f a m in u te a n d a h a lf,
so th a t p e rs o n s w ill h e in d u ce d b y th e r a p id and fr e q u e n t s e r v ic e to
p a tr o n ize o u r lin e s. O p e ra tin g , t o o , w ill b e g r e a tly a id e d b y th e ea se
w ith w h ich o u r tra in s w ill b e h a n d le d a t th e t e rm in a l p o in ts . T h ere
w ill b e n o lo c o m o tiv e s to s to p f o r w a te r o r fu el. T he tra in s ca n run
in an d o u t a g * in im m e d ia te ly w ith o u t a n y d e la y e x c e p t f o r lo a d in g
and u n lo a d in g p a sse n g e rs O ur oars, sta tio n s an d s ta irw a y s, t o o , w ill
be b e tt e r lig h te d and it w ill b e p e r fe c t ly fe a s ib le t o in s ta ll e le v a to rs
a t im p o r ta n t sta tion s.
A n o th e r p o s s ib ility w ill b e th e use o f o p e n oars in th e su m m e r tim e .
T here w ill b e n o sm o k e an d cin d e r s t o a n n o y p a sse n g e rs.

As to the application of the proceeds of sale of the new
stock he says: “ The issue of the §18,000,000 additional stock,
which will be offered to onr stockholders at par, will pro
vide not only for the substitution of electric motive power,
hut for new plant and equipment, the modernizing of all
facilities for the comfort and convenience of the public,
thereby increasing the efficiency and economy of the service,
as weli as the net earning capacity of the system. Any sur­
plus from the §18,000.000 can be used by the company for
the enlargement and improvement of its property.”
It is announced that proxies representing 170,000 shares of
the total of 300,00 have been received in favor of the propo­
0
sition to issue $18,000,000 of additional stock.—V. 68, p. 232,
Metropolitan West Side Elevated Ry.— New Mortgage
Filed.—The company has filed its new mortgage to secure
£10,000,000 forty-year 4 p*r cent gold bonds to the Central
Trust Company of New York and G-eorge Sherman, as trus­
tees. Dickinson MacAllister is President and George Higginson, Jr., Secretary, of the railway company.—V. 68, p. 130.

THE CHRONICLE.

F ebruary 11, 1819.]

Missouri Pacific Ry.—Texas A Pacific R y.— Possible
dally paper has the following as to a rumored plan
for uniting these properties: “ We are informed by excellent
authority that it is proposed to merge Texas Pacific into the
Missouri Pacific system. The plan is said to involve an ex­
change of stock on the basis of two shares of Texas Pacific
for one of Missouri Pacific, aud also an exchange of Texas
Pacific seconds for a collateral trust 8 per cent bond of the
Iron Monntain road, dollar for dollar. Something of this
kind has been contemplated by some of the interests in the
two properties for a long time, bat it is only lately that any
sympathy for tbe action conld be aroused among those who
could control the situation. An amalgamation is looked
upon as logical and mutually advantageous to both com
panie-. It bears out also tbe impression that the Goulds in­
tend to consolidate all their railroad interests."—V. 68, p. 233.
Nassau Electric RK.—Consolidation.—A certificate of
merger of the Nassau Electric, RR. Co. of Brooklyn, the At­
lantic Ave. RR. Co. and the United RR. Co. was filed Jan.
26 with the Secretary of State.—V. 68, p. 185.
National Steel Co.—Steel Consolidation.— Incorpo-ated.
—The National Steel Co, on Wednesday filed its charter at
Newark, N. J, This is the company intended to carry out the
new gTeat consolidation which is being perfected through
William E Moore of Chicago and others.
L
The “ New York Times” says.T k e ca p ita l s to c k w ill b e $50,000,000, e q u a lly d ivid e*! in to p re fe rr e d
Merger.—A

and co m m o n stock . YY. E. Rets, w h o is P resid en t o f t b e 8 h «iiiitu 'o
Y aU ey S teel C o., w ill b e th e tlret P resid en t. T he m erg er w ilt, it Is
a sserted , be In th e Interest o f th e A m erica n Tin P la te C o. T h e N a tion a l
takee in th e fo llo w in g p la n ts , w h ich c o n t r o l the t in p la te b ar s u p p ly :
O h io S teel Co. o f Y «>u n«»tow n, O hio; K in # , G ilb e r t
W a rn er o f
C oln m b u a , O h io; IR tim S ta n d a rd Iron <k sto**! C o. o f Minsro J u n c tio n ,
O h io, S h e n a n g o V a l.e y S teel C o o f N ew C a stle, P en n ,: Buhl S e e l Co.
o f S haron, Puuo.; W h e e lin g Steel A I r o a C o. o f W h eelin g , W e st V a.,
and the B e lla ire S teel C o. o f B ella lre, O h ’o.

The “ Iron Age,” io its issue of this week, says :

T b e c o n so lid a tio n o f th e tesulm g p ro d u ce rs o t n ot; »te e l o u ts id e o f
th e C h ica g o s a d P lita b n r g d lstrtet* h * » m td e s u ch h ea d w a y th a t th e
p rin cip a l fe a tu r e , o f th e n ew N a tio n a l S teel C om p a n y a re p r e t t y w e ll
ie ttlru . T h ere 1* ,o m e u n ce rta in ty as y e t a b o u t th e O liv er o re a n d
c o l e in te re*t«. W hich »e e m . fu n d a m e n ta l f o r th e uew e n te r p r is e .
T h e r e ca n be little d o u b t that v e r y eom n re h e n e lv e p la n , a , to the c o n ­
tr o l o f th e steed tra d e a ce u u <er o o a v id e ra tio u . b u t th e p ro b a b ilitie s
are d e cid e d ly (h a t the le a d in g Plttabnrif I n te r e s t, w ill n o t b o In clu d e d
In a n y c o n so lid a tio n . E v.-n w ith ou t a u y su ch a c c e s s io n to the ra n k s
th e ste e l tra d e o f th e C en tra l W est I* n o w c o n c e n tr a te d tn v e r y fe w
h a n d ,, w h ile s o m e l i n e , o f SnU lied p ro d u c ts , lik e s te e l ra ils, tin p la te
a n d w ire, a re u n d e r c o m p le te co n tr o l.

New York Lackawanna ic Western By. List' L—The New
York Stock Exchange has listed $1,00 *,0 terminal and im­
*0
provement 4 per cent lawful money bonds of 1923. The
guaranty, etc., was given in V * 7 p. 1357. It has long been
', 4 .
claimed that this loan waa a first lien on the Buffalo termin­
als, Examination of the company’s several mortgages led
to doubt on this point, and it is noticeable that in the state­
ment to the Exchange the claim is not made.
Earnings ,—The income for the year ending D?e. 31, 1898,
is as follows, to wit ; Gross earnings, $7,028,549; net earn­
ings, $3,471,694; taxes accrued. $164,693; interest accrued,
$1,670,000; balance, profit, $1,633,001. These are the results
on the N. Y, L & W , and do not include the other New
York leased lines.—V. 67, p. 1357.
New York & Long Bra ch RR.—Eentral R.R. of New
Jersey.— Bowls Called.—Refunding —
The f i r s t mortgage 5 i
bonds of the New York & Long Branch RR will be re­
deemed at 110 and accrued interest, at the offi:e of J. P
Morgan & Co., on June 1 next, after which date interest
will cease. J. P. Morgan & Co. and Redmond, Kerr & Co.
offer to exchange the general mortgage gold bonds (interest
reduced to 44) due Sept, 1, 1911, for the first mortgage bonds,
terms to be made known upon application. After June 1
next these general mortgage bonds will be an absolutely
first mortgage upon the entire property of the company and
a legal Investment for savings oanks and trust funds in New
Jersey and Connecticut. The Pennsylvania RK. Co, and
the Central RR of New Jersey, under a lease of 99 years,
jointly and severally guarantee the interest on the bonds
and 7< dividends on $3,000 0 0 stock, which dividends have
0
been regularly pjid since 1888.—V. 68, p. 128.
New York Ontario A Western Ry.—Q uarterly.—Earnings
for the quarter and the six months ending Dec. 31:
3 mas. endOron*
in g Dec,3l, B a m in g * .
1 8 9 8 _____ *1 .0 '5 0 ,2 0 0
1 8 9 7 _____ 1 ,031,401
6 m onth*.
1 3 9 8 ..........$ 2 ,1 4 5 ,0 1 5
1897
. . . 2 .1 3 2 ,5 3 1
- V . 6 8 , p. 41.

S a rn tn g *.
$ 3 0 4 ,4 6 6
3 4 8 ,2 2 9

y ei

Income.

~ Interest,
taxes, etr.

Balance,
turplu*.

$ 2 1 ,3 1 6
2 3 ,2 5 2

$-230,612
2 i 1 ,7 6 1

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

$ 7 1 0 ,7 0 0
7 7 1 ,2 7 5

$ 4 2 ,6 5 0
4 1 ,0 0 5

$ 1 6 2 ,5 0 8
4 6 9 ,1 7 5

$ 3 1 3 ,9 0 8
3 4 5 ,8 0 5

Other

New York Chicago k St, Louis, —Quarterly .—Earnings for
the quarter and the tw-dve months ending Dec 31 :

3 m o*, en d . Q rots
Dee. 31. earning*.
1 8 9 5 ....... $ 1 .8 2 7 ,4 7 3
1 8 9 7 ....... 1,7 1 2,10 9
1 2 m o t.—
1 39 8 ....... 6 ,39 %419
1397....... 5 ,8 1 5 ,2 1 3
- V . 67, p 1 004.

$13 2 ,0 2 9
4 7 9 ,3 9 9

^Other
in com e.
$ 1 ,9 2 5
2 ,7 7 3

1,2 6 0,94 9
1 ,3 0 0,19 3

5 ,9 5 5
7 ,2 9 9

arm

taming*.

In terest.
IrtXrJt, fir,
$ 3 0 5 ,5 2 7

B a la n ce,

sur. o r d c f.

sur.$ 1
28,427
291,178 aur. 190,994
1,208,411 *ur. 58,463
1,203,837 aur. 1 07,655

New Vork New Haren k Hartford.—Quarterly —Earnings
for the quartet ending Dec, 81 have been reported ;
3 n >* ma,
O r , 31.

Gross

Ifei

Other

ea rn in g s,

ea rn in g s .

in com e.

139*___ *9,365,126
1 -9 7 ..
7,588,819

6 mos. —

1998.... 18,967.872
1997.
15,936,969
—V 6 8 , p. 4 0 , 41.

In!erfst

ta le s , etc.

Balance,

su rp lu s.

$3,00.4.601 $408,549 *1,934,56S $1,586.*82
2,293,2(3
9 ., 173
1,543,077
833,346
6,708.109
5,897,171

521,132
124,370

3,905.442
3.119,367

3,363.799
2,692,174

283

New York Wyoming & Western RR.—Prospects.—
President E. B. Sturgis, in a long interview quoted in a spec­
ial despatch dated Jan. 31 to tlia “ Evening Po t, said:
There is no lutenlion ot abatnlomru: our new railroad, project. I be-

! i_-. e proi-ee il
'l

ire tfo o i eaieolareit to settle I lie lilifereoees b e tw e e n

the operators and the railroads, but have no knowledge of the detail?.
If t he object designed is rsaohed in another way, ic wouldn’ t be good
business to build the road; bat 1 know of nothing dettalte at the pres­
ent time to alter our plans. A contract has been made with the Laok awanna Iron & Steel Co. to deliver us 7,000 tons ot rails on tpril 15.
Contracts have been made for carrying 1,500.000 tons of coal during
the first year. The refusal of one or two wealthy operators to join U
3
In furnishing the capital has, to some extent, delayed and disoouraged
us. but the road will be built unless the interests of the individual
operators arc otherwise just as well taken care o f.—V. 67, p. 1108.

North River Light Heat & Power Co.— Incorporated .—This
company with $500,000 capital stock, all paid in, has been
incorporated in New Jersey by Arthur Seitz, W . C. Anderson,
and A. K. Bonta. The plant, it is said, will be at Fifteenth
Street, Hoboken.
Philadelphia Reading A New England RR—Central
New England Ry.— Assessment Called — An instalment of
15 per cent of the assessment upon the certificates o deposi;
E
of the series A income bonds, series B income bonds, pre­
ferred stock and common stock of the Philadelphia Read­
ing & New Englanl RR. Co. has been called by the reor­
ganization committee, payment to be made at the Fidelity
Insurance, Trust & Safe Deposit Co., 329 Chestnut St., Phila­
delphia, on or before Feb. 13, 1899.—V. 68, p. 84.
Richmond NlcholasviUc Irvine A Beattyville ItU.—Sale
S topped.—A press dispatch says that the United States Cir­
cuit Court of AppeaL at Cincinnati on Fet>. 7 affirmed the
judgment of-Jn lge Birr setting aside the sale of the road
to Bennett H. Yocmg and others for $160,000,—V. 67, p. 1004.
Rio Grande Western Ky,—Duchesne Ry.—E xtension .—
The Duohesne Ry Co. has been incorporated in Ucah with a
capital stock of $765,000, to build fro u Colton, on the Rio
Grande Western, northeasterly 51 miles through Utah, Car­
bon and Washatch counties to the Duchesne River, a few
miles from Fort Duchesne. The incorporators are offioials
of the Rio Grande Western.—V. 67, p. 1264.
Redwood A Railroad Co. of California—Nine E nterprise.—
This company, recently o'ganized under the laws of Oregon,
has been offering for subscription in Boston $250,000 class A,
0t{ per cent preferred accumulative stock (subject to call at
110 and interest after five yearn; $250,000 class B. 8 par cent
non-tccnmnlative stock, and $125,000 couiaim sto;k. Tue
total capitalization is $1,000,00* class A; $1,000,000 class B,
and $500,000 common stock. The company was formed to
acquire and carry on the redwood lumber business, and to
acquire and operate railroads, steamship lines and sailing
vessels. Tne company, it is stated, controls over 20.00J acres
of redwood timber, 25 miles of standard-gauge railroad and
is to buy steamships and build additional mills to manufac­
ture 50,000,000 ft. of redwood timber and 75,0lo.O O shingles
O
per annnm. The office is in the E (ratable Building, Boston.
St. Louis Southwestern Ry.—Listed .-—The New York
Stock Exchange has listed $1,001,* 0 second mortgage 4 per
0
cent gold income bond certifi cates of ’.989, making total
listed to date $9,000.010. The total issne is $10,000,000,
The additional bonds listed have been sold “ to provide for
tne improvement and betterment of the property."
Earnings.—The company reports earnings as follows:
July 1 to D»c. 3 1 ,) ISi-*......................Or->-4, #3. I (.505; not. $958,688
0 month*.
>18 #7........ ............Gro*>*f 2,872,771; not, 820,805

The balance sheet of Nov. 30 appears uuder the heading
of “ An; ual Reports.”
The company nays: “ Since Nov. 30 all of the floating debt
of the company has bjen paid off with the exception of the
regular enrrent vouchers, which will amount approximately
to $100.000.—V. 68, p. 231.
St. I’aul A Dulnth UK.—Earnings. - The fo lowing is for
the half-year ending Dec. 3L ;
6mot. to
Grots
Net over Land Dcp't.
Total Present Jlztd
Dec, 31
earning*,
taxes.
net income.
net. charge, 0mos.
1*08........ f 1,002,529 $335,001
$-9,503
$414,501
$162,582
~ V 88, p. 189.
~.
Seaboard A Roanoke UK.—Raleigh A Gaston RR,— Con­
trol Transferred.— 0 a E'eb. 6 control of the Seaboard Air
Line system and the Baltimore Steam Packet Co. was form­
ally transferred to the William? syndicate to-day. President
Hoffman and the old board of directors resigned, and John
Skelton Williams of Richmond, Va,, was elected President
of the Seaboard & Roanoke Railroad Company, Raleigh &
Gaston RR , Carolina Central RR., Raleigh & Augusta RR.,
and Baltimore S*eam Packet Co. J W. Middendorf, R. C.
Hoffman, John Gill of Biltimore, Charles Chauucey of
Philadelphia, James H. Dooley of Richmond, and Charles E.
Johnson of Raleigh, N. C\, were elected directors of the
Seaboard & Roanoke.
Consolidation. —Bills have been introduced in the North
Carolina Legislature to amend the charier of the Raleigh &
Gaston RR. and to authorize it to absorb by consolidation
the Seaboard & Roanoke and other companies composing the
Seaboard Air Line.—V, 63, p. 188; V ’ 67, p. 273.
Street Railway HUeage In United States.— OompilaMin
f o r m s . —The “ Street Railway Journal” has compiled an
interesting statement, which shows the total miles of street
railway tracks in the United States in 1898 to be 17,791
Jgainst 15,718 miles in 1897; cars 54,549 against 51,533. The
lines are nearly all electric, there being now < 460 miles
nly
of Cable track (a decrease in the year of 79 miles) and J654
miles of horse railway track, a decrease of 293 miles.

284

THE CHRONICLE.

Tacoma (Wash.) Railway & P ower Co.— Incorporated.
This company, with $2,000,000 authorized capital stock, has
been incorporated in New Jersey, “ to furnish electricity
from water power to the factories aud street railroads of
Tacoma." The incorporators are reported as follows :
O. H . O oster, B ird 8 . C oler, T. J e ffe rso n O oolid g e, J r ., S am uel Carr,
8 . E n d ico tt P e a b o d y , G o rd on A b b o tt, C h a rles E . C u ttin g , o f B osto n ,
and others.

Tennessee Coal Iron & Rlt.—Birmingham Southern RR.
the outstanding bonds of the $
300,0
00
issue made by the Alice Furnace Co. in 1882 have been
called for payment at the Central Trust Co., New York, on or
before March 1st, 1899, with interest r.o date of presentation.
The entire issue also of $400,001 first mortgage bonds of
the Eureka Company maturing 1904 are called for payment
on April 4, 1899, at the Farmers' Loan & Trust Co., New
York, after which date interest will cease.
Railroad Incorporated. —Nat Baxter, J r., James Bowron,
G. B. McCormack, A. M Shook, and Walter Perry, officials
.
of the Tennesee Coal Iron & RR. Co. secured this week the
incorporation of the Birmingham Southern RR., with
capital of $60 ,0 0 common stock and a like amount of pre­
00
ferred stock. The new company will connect and extend the
various railroads of the Tennessee company.—V. 68, p. 189.
Trenton (N. J.) Gas & Electric—Trenton Street lly.—
Cons lidation— Alliance.—' he consolidation of the gas and
T
electric companies of Trenton (see V. 67, p. 1056, 1310,) was
to go into effect on the 1st inst., under title of the Trenton
Gas & Electric Co., the officers selected being: President,
Henry C. Moore (President of the Trenton Street Ry.); Vice
President, Thomas C. Barr, Orange; Secretary and Treasur­
er, A. R. Kuser, Newark; The board of directors was to
consist of the four officers named and the following:

—Bonds Called.—All

F. W . R oeb lin g , T ren ton ; W . L. E lk in s, ’ P h ila d elp h ia ; F ra n k O.
B rig g s, T ren ton : E G . M oore, P h ila d elp h ia ; J o h n L K u ser, T re n to n ;
E m erson M cM illin, N ew Y o r k ; H e n r y W. G reen , T ren ton ; R o b e r t
PruyD. A lb a n y : J on a th a n B la ck w ell, T ren ton ; S tep h en B. P e a b o d y ,
N ew Y o r k ; R . S. W ood ru ff, T r e n to n .—V . 6 7, p 1 0 5 6 ,1 3 1 0 .

Union Elevated RR. of Chicago.—Listed.—The New York
Stock Exchange has listed $150,000 additional first mortgage
5 per cent gold bonds of 1945, making total listed to date
$4,387,000. These additional bonds were issued to liquidate
“ the obligations incurred in connection with the construc­
tion of the line of railroad and its power house.” The
balance sheet is given under “ Annual Reports.”—V. 66,
p. 762.
Union Tobacco Co.—Stock Increaszd.—A. certificate was
filed with the Secretary of State at Albany on Feb. 4 an­
nouncing the increase in the capital stock from $19,350,000 to
$24,000,000 Of this, $12,000,000 is 6 per cent non-cumnlative
preferred stock. The stock paid in is $19,350,000, and the
debt $32,880.
Liggett & Myers Co.—It is understood that the Union Com­
pany has arranged to acquire a controlling interest in the
Liggett & Myers Tobacco Co. of St. Louis, having contracted
to purchase about seven-twelfths of the stock for $6,500,10')
cash. Cash to the amount of $200,000, it is stated, was paid
as earnest money, the balance to ba paid within ninety days
from Jan 23. Attached to the contract of sale, it is said, is
an agreement that President Moses Wetmore, of the Liggett
6 Myers Company, shall remain President and General Man­
ager for a term of five years.—V. 63, p. 233.
Washington County RR.—Officers, E tc. —At a special meet­
ing of the stockholders held at Calais, Maine, a report was
presented showing the practical completion of the road ac­
cording to the terms of the contract. The road was accord
ingly accepted from the J. P. McDonald Co., the contractors
in charge, who were released from any further liability with
respect to their construction contract. The entire road was
turned over to the operating department on Jan. 1st. Its
present organization is :
O ffic e r s —P resid en t, H o n . G e o r g e A . C u rra n , o f C alais. M e.; V ice P re sid e n t, F ra n k E. R a n d a ll, o f N ew Y o r k C ity ; C lerk. W. W . C o lb y ,
o f C alais, M o M r. H . F. D ow a t is G e n e ra l M a n a ger, w ith h e a d q u a r­
te rs a t C alais.
D ire c to r s .—J o h n G. M o o r e , G ra n t B . S eh lev, 8 te w a rt M . B rioe,
F re d e ric k W . W h itrid g e, H e n r y W . C an n on . W illia m H . D u ff, H on.
G e o r g e A . C urran , S D. L e a v itt, J . K . A m e s , F . A . C handler, W . M.
NaBh a n d F ra n k E. R an d all.

A map of the road appears in the January issue of our
Su p p l e m e n t . —Vol. 67, p. 1358,
Wisconsin Central Co.— Reorganization p rog ressin g —An
agreement has been reached by the Reorganization Commit­
tee with junior security interests, and it is now thought that
the underwriting for the cash requirements of the plan, some
$19,006,00 t, can be obtained so as to permit of the issue of the
plan within the next thirty days.—V. 67, p. 1310.
Wheeling & Lake Erie Ry.—Sold -The property was pur
chased at foreclosure sale on Feb. 7 for $1,600,000, the upset
price by Ernest R. Adee for A. W. Krech, representing
the reorganization committee.—V. 68, p. 234.
In v e sto r s’

—Corporations desiring bonds of suretyship for their officers
or employes are referred to the twenty-sixth annual state
ment of the Guarantee Company of North America, pub­
lished among our advertisements to day. This company,
“ the original company in America,” confines its business
strictly to issuing these bonds, aud it has accumulated for its
shareholders a surplus of nearly 170 per cent from this busi­
ness alone, and not in any way by contributions from them
either by way of assessments or premiums on new issues of
stock. The resources for security of the insured amount to
over a million and three hundred and fifty thousand dollars.

3 pxe
C

O

M

[VOL, LXVIII.

C o m m e rc ia l Jaimes.
M

E

R

C

I

A

L

E

P

I

T

O

M

E

.

February 10, 1899.
The feature of the week under review has been the en­
gagement between the American forces and the Filipinos,
which resulted disastrously to the latter. The Senate on
Monday, as was generally expected, voted to ratify the Paris
treaty. Healthy conditions have continued to be noted in
the general business situation. Trade has been fairly satis­
factory in most lines of merchandise, and in some instances
there has been a hardening of values. During the latter part
of the week unusually low temperatures were experienced in
nearly all sections of the country. The severe weather in
the winter-wheat belt has had some influence upon wheat
values, inasmuch as it has caused some apprehension of dam­
age to tho winter-sown crop. Preparations for the planti ng
of the cotton crop have been reported as backward, owing to
unfavorable weather conditions.
Lard on the spot has sold slowly, both exporters and re
finers being light buyers, and prices have declined, closing at
5 25c. for prime City and 5’80c. for prime Western, Refined
lard has been in only limited demand and prices have weak­
ened, closing at 5-95c. for refined for the Continent. Specu­
lation in lard for future delivery has been quiet and there
has been a slight weakening in values owing to the absence
of buyers. The close was dull.
F r i d a y N ig h t ,

D A I L Y CLO SIN G P R IC E S O P L A R D FTJTURE8.

F e b r u a r y .....................

Sat.
5 -82

K on.
5 -8 7

Tues.
5 -85

Wed.
5 -85

Thun.
F r i.
582
5 -7 5

Pork has been quiet but prices have been unchanged and
steady, closing at $9 75@ 50 for mess, $10 50(811 for family
10
and $10 50@ 50 for short clear. Cut meats have sold slowly
12
and values have been barely maintained, closing at 3^@4c.
for pickled shoulders, 6^@7J^c. for pickled hams and 5[^'g
10
5% c. for pickled bellies, 14@ ,bs. average. Beef has been
dull and without changes, closing at $8 50@ 0 for
9 0
mess, $ 00@ 0 for packet, $10 50(811 50 for fam­
9
10 0
ily, and $14 50@ 50 for extra India mess. Tallow
15
has been quiet but steady at 4%c. Oleo stearine has had a
limited sale at steady prices, closing at 5% c. Lard stearine
has been steady at 7c. for prime City. Cotton seed oil has
had a limited sale; prices have advanced to 26c. for prime
yellow. Butter has been in fair demand and firmer, closing
at 15@
22c. for creamery. Cheese has had a fair sale and
priceshave been firmat7@ll)^c. forState factory, full cream.
Fresh eggs have advanced, owing to the severe weather, clos­
ing firm at 23c. for choice Western.
"
Brazil grades of coffee have had a slow sale and the tone of
the market has been easier. The movement of the crop has
been large for the season of the year, supplies in Bight are large,
and large estimates for the growing crop have been received.
The quotation for Rio No. 7 on the spot has been lowered to
6y2c. West India growths have been in increased supply;
demand has been light, but there has been no pressure to sell,
and values have held steady, closing at 8c. for fair Cucnta.
Speculation in the market for contracts has been quiet and
under limited offerings, prompted by the full crop movement
and absence of buyers, prices have weakened.
The following are final asking prices :
Feb...........

M a y .............. .. 5*65o. i Sept......... .......590c.

A pril........ ....... 5'60e.

A u g............... .. 5*85o. 1Deo..........

Raw sugars have been easier, reflecting weaker foreign
advices, closing at 4 5 16c. for centrifugals, 96-deg. test, and
3 13-16c. for muscovado 89-deg. test. Refined sugar has been
quiet and unchanged at 5c. for granulated. Other staple
groceries have had a moderate sale at steady to firm prices.
Kentucky tobacco has had only a small sale but values have
been unchanged and steady. Seed leaf tobacco has been
quiet but. steady. Sales for the week were 1,415 cases as fol­
lows : 450 cases 1897 crop, Zimmers, 15@18c.; 100 cases 1896
crop, Wisconsin Havana, 11c.; 250 cases 1SD crop, Wisconsin
7
Havana, 5@9!£c.; 50 cases 1897 crop, Dutch, 15e.; 145 cases
1896 crop, Pennsylvania seed leaf. 12^c.; 20 cases If 97
0
crop, Pennsylvania seed leaf, ll@12c.; 120 cases 1897 crop,
State Havana, 12alfc., and 100 cases sundries; also 1,200
bales Havana at 60c. @ in bond and 175 bales Sumatra at
$1
80c.@ 60 in bond.
$l
Reflecting weaker advices from London, the local market
for Straits tin has turned easier, and prices have declined.
At the lower values business has been quiet. The close was
steady at 2ii%@23%c. Ingot copper has been less active, but
values have been lairly well maintained, closing at 18c. for
Lake. Lead has been quiet, and prices have weakened to
4'40@
4’45c. for domestic. Spelter has advanced to 6 86(^0.
for domestic, closing firm. Pig iron has been in good de­
mand and firmer, closing at $ll'50@12-50 for domestic.
Refined petroleum has been unchanged, closing at 7-40c. in
bbls., 4'90c. in hulk and 8'15c. in cases. Naphtha steady at
10c. Crude certificates have been dull, closing at$l 13; credit
balances have been steady at $115. Spirits turpentine has
been easier, but the close was firm at45@45J^c. Rosins have
been dull and unchanged at $1 32)^@ 35 for common and
1
good strained. Wool has been quiet but steady. Hops have
been in fair demand and steady.

F

T H E

1 1 , 1899. J

ebruary

C H R O N I C L E

C O T T O N .
F r i d a y N i g h t , F eb ru a ry 10, 1899.
T h e Movement of the Cr o p , as In d ica te d b y our teleg ra m s
fr o m th e S ou th to -n ig h t, is g iv e n b e lo w . F o r th e w e e k en d in g
th is e v e n in g th e to ta l r e ce ip ts have re a ch e d 136,479 bales,
aga in st 176.413 b a les last w eek a n d 177,390 b a les th e p rev iou s
w ee k , m a k in g th e to ta l r e ce ip ts s in c e th e 1st o f S e p t., 1898,
6,930,6t4 bales, a g a in st 7,011,833 bales fo r th e sam e p e rio d o f
1897-3, s h o w in g a d ecrea se s in c e S ep t. 1 , 1898, o f 31,339 bales.
Sat.

Receipts al—

Mon. 1 Tuft.

Wed.

Erl. I Total.

Thurt.

285

in a d d itio n t o a b o v e e x p o r ts , o u r te le g ra m s to -n ig h t a ls o

give us th e fo llo w in g a m o u n ts o f c o t to n on sh ip b oa rd , n o t
cleared , a t th e p o r ts n a m ed .
W e a d d sim ila r figu res f o r
N ew Y o r k , w h ich a re p rep a red fo r o u r special use b y M essrs,
L a m b ert & B a rrow s, P r o d u c e E x c h a n g e B u ild in g .
ON SETTPBO
A.RD NOT CLEARED FOR—
,
Feb. 10 at

Great
Other
Britain. France. Foreign

New Orleans...
Galveston........
Savannah. . . . . .
Charleston......
MobUe ......... .

Ooastxcise.

Leaving
stock,

Total.

12,232 11,057 56.324
897
12,693
6,801 14,019 23,636
None. None,
500 None.
Hone. None. None.
SoO
2, 500 Hone.
6,760 None.
6,000 Hone.
1,000 21,000
2,500
200
1,500 None.
15.000 None. 12,000 None.

30,510
57,229
500
500
9,250
28,000
4,200
27,000

374,944
80,231
59,935
17,835
22,602
9,e63
95,001
82,942

4,039 28,033
1.562
1,562
3,9501 36,198 New York........
5.909
316
778; 5,042 Other ports—
........
1,765
1,705
Total 1899... 50.925 18,138 92.093 46.033 207,189
743,153
3,996 1,262 1.193 15,159
Total 1899. . 90.268 36.914 118,211 18 IS > 263,873 1,027,065
3.018
3,018
......
9,983 51,101 7,782 14 ,963
Total 1897... 79,036
863,693
233
450
93
2,477
5
5;
S p ecu la tion in c o tto n fo r fu tu r e d e liv e r y h as been o n ly
383! 1.466 m od era tely a ctiv e, b u t va lu es h av e s h o w n a h a rd en in g te n d ­
209
27
353
18
18 on -y. T il- gen era l trad e has app eared t o sh o w in crea sed
........
......
2,299 1,400 1,119 2,613! 11,783 con fid en ce in th e situ a tion , a nd has been th e p r in cip a l b u y er.
478;
____
478 Tne con tin u ed sm a ll m o v e m e n t o f th e c r o p , and severe
99bi 3 ,0 '9 w eather at th e S ou th w ere th e p r in c ip a l s tre n g th e n in g fa c 856
9551 13,943 i tors. A d v ice s receiv ed fr o m th e S ou th have q u ite g en era lly
4,538 1.293 2,700
176 rep orted p rep a ra tion s f o r th e n e w c r o p as d e cid ed ly
176
.. . . .
1,997 b a ck w a rd , the result o f th e w eath er co n d itio n s e x ­
355
710
224
200
p erien ced la tterly .
T h ere has been fu rth er s e llin g by
Tot. this week 21,211 28,978 23,841 17,353 14,210 22.88s! 126,479 ou tsid e
lo n g s
to
rea lize
profits,
but
th ere
has
fo r c e
to
th e
b u y ia g
p ow er to ab
T h e fo llo w in g s h o w s th e w e e k ’s to ta l r e o e ip ts .th e to ta l since been su fficient
Sept. 1,1898. a n d th e s to c k t o -n ig h t , co m p a re d w ith la st y e a r. sorb these o ffe rin g s and ca rry prices to a h ig h er basis
, O w in g to t h e s t r e n g th o f the statistical p o s itio n lo c a lly , th er
Stock.
1897-93
1898-99.
!
lias been c o n n lera b le b u y in g b y M a rch s h orts to c o v e r thei
R eceip ts tO
! co n tra cts . In m ost in sta n ces, h o w e v e r, th ey re-sold A n g u s
S
TAis 1 ince Sep. \ This Since Sep.
1899
1898
F eb. 10.
con tra cts. Som e dealers h ave rep orted fr e e r o ffe rin g s o
w eek . | 1, 1898. i week.
1, 1897.
|co tto n fro m th e S ou th th e past fe w days than fo r som e tim e
Galveston. - 28.033] 2,051,2*8 38,302 1,675.028 137,480 210,881 ' and stated that th ey h av e been a ble to m ake la rg e r p u rch a ses
1.562
07,« 71] 1,82*1
00,954
Tex. O.,Ac
than fo r th e past m ou th o r so. T o-d a y the ton e o f the m a rk et
Hew Orteanji! 30 198 1,705.934 74,275! 2.093,841 455,45* 551,811 was u n settled.
E a rly in the d i y p rices a d v a n ced a fe w
31.852
40,280 I points in response to stron ger fo re ig n a d v ice sa n d b u y in g , p rin M obile........ | 5,0*2 220.7701 10,9*9 303.308!
7 ,0 2 7 ]
89,019;
Florida........
1.765; 160,097
|cip a ily fo r N e w O r lo a n s a c c o u a t ; ttio j re a cte d u nder rea liz in g
60,435 107.892 sales, b ut a t 'h e close tu rn ed steadier on m od era te b a y in g ,
S avannah... 15,159! 954,503 22. U 6 1,052,651
6,980 app a ren tly fo r fo re ig n a ccou n t, and final figures w ere u n 10,508!
9.1831 192,906
B ew ick , Ac.: 3,018 256,561
Charleston..] 2 A l l 339,99
1 3 ,3 3 5 !
4,503 410,928«
25,783 , ch a n ged to 3 poin ts h igh er fo r the d a y. C otton on th e sp ot
60,533j
P. Royal, Ac.
5
23,148
4,135!
I
has b -e n firm and prices w ere a d v a n ced 1*0. on M on day.
1 0 ,3 3 9
14,407 The close w a s q u ie t a t 6 7- 6 c. fo r m id d lin g n pU n d.
1,400 284,817
3,7071 291,502
WIlfBiagvaz).
T h e rates on a n d o f f m id d lin g , a s esta b lish ed N ov. 16,1898,
1,279
Waahta* Ac.
32;
1,118
19
37,001
9.713, 483,911!
64.885 1 by th e R ev ision C o m m itte e , a t w h ich g ra d e s o th e r th a n
N o rfolk....... 11,781 513,007
346
90
1,195 n id d lin g m a y be d e liv e r e d o n o o n tr a o t, a re o s fo llo w s .
13,04O|
4781 21.767
N’ port N.,Ac
2,908
66,998 j 99,201' 162.812 Fair. . . . . . . . . . . . . . . . . . . . . . . . 0 . IV* on Good O rd in a ry .........o .liia o f l
3,05b!
74*877
Hew Y o rk ..
i« o n Good Middling Tinged....... Even
4 5 ,0 0 0
49,010 I diddling F a ir ...................
Boston. . . . . . 13,913, 247,617, 3.582 141,746]
I Strict Good M id d lin g ....... hi on atrtot Middling Stained
08
23,160; 4,596
27,063
35 0)6 Jood Middling ,
B altim ore. .
176
54.707)
% on Middling Stained.......... t ia off
31,603
13.853 Strict b u t Middling........... -ha off Strict Low Mid. Stained... 1 off
3,641
56,068! 10,930
Phlladel.Ao.
1,997
. .
j
,<>w Middling......................
7t«off
Low Middling Stained_________ l% o ff
Totals.......1 126,479 6,980*614 j200,886 7,011,853 950,3*2 1,290,938 Strict Good O r d in a r y ....... \ o f f |
Galveston........
Tex. City, Ac.
New Orleans...
Mobile . ...........
Florida............
Savannah........
Bruo»w’ k,Ao.
Charleston___
Pt. Royal.Ac.
Wilmington....
Wanh'ton, Ac.
N orfolk............
N’ p't News, Ac.
Hew Y ork____
Boston.............
Baltimore. . . . .
Phlladol'a, Ac..

3,534 7,304
.... j
......
6.754 10,355
2.161
405!
. . . . ..
2.994 2,4411
........
.....
703!
769
......
209
285
.....
2,839 1,513
......
____ I
550
438
1,231 3,220
......
272]
206

4,997
......
6,891
727
......
3,583
......
229

3,355

4,801
......
2,339
655

In o r d e r th a t c o m p a r is o n m a y be m ad e w ith o th e r y e a r s ,

we g iv e b e lo w th e to ta ls a t le a d in g ports fo r s ix season s.
Receipt* a l -

1899.

1898

1897.

4 0 .1 2 6

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

G&l vesta, AcHew Orleans
Mobile .. . .
Savannah .
Chas'ton, Ac
Wl baton , Ac
Norfolk . . . .
H. Hews, Ac.
AU others...

2 9 ,5 9 5
3 6 .1 9 9
5 ,0 4 2
1 5 ,4 5 9
2 ,4 8 2
ll,7 s 3
478
2 3 ,9 5 8

1 0 .9 49
2 2 ,1 4 6
8 ,6 * 3
3 ,8 2 9
9 .7 1 3
346
3 0 ,9 3 9

Tot. this wk.

1 2 0 ,4 7 9

2 0 0 ,9 0 8

Since Sept. 1

1 .4 9 1

74,275

1896.

1895.

1 9 .4 9 2

2 2 ,8 5 4

3 8 ,0 9 2
4 ,0 8 2

1 5 .4 6 0

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

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

1 1 0 ,4 2 3

106 440

1 3 2 ,9 8 9

- '1
347

1894.
5 ,8 3 0
2 6 .9 9 8
1 ,9 0 *
1 0 ,8 5 7
3 ,0 7 4
931
5, 00
5 ,3 6
1 1 .4 7 5
71 027

6 9 8 0 0 1 4 7 0 1 1 .8 5 1 $ 7 7 0 ,9 * 0 4 2 5 5 ,1 5 7 8 5 0 0 ,4 5 2 5 0 9 5 ,9 7 9

T h e e x p o r ts fo r th e w eek e n d in g th is e v e n in g re a ch a t o ' s i

of 173,417 bales, o f w h ich 74,830 w ere to G rea t B rita in , 19,336
t o F ran ce a n d 78,851 t o th e rest o f th e C o n tin e n t,
are th e e x p o r ts fo r th e w eek a n d s in c e 8 e p t . 1, 1898.

Below

f i d Ending F-b. 10, 1800. from Sept. > tWJ. to Ftb. 10. I»W.
.
|______Bcportpi to—
[ _______Exported to -_________
from —

Gnat,
Qnttl .
franc* Opni*>| lotal
franc*
Brit*n.
nm t. I Week.. Britain.

0 illres to n ...... is,m o 16.783 19.115, 66.W6
287
Tex. CHy. A c *m
New OrJeatt*.. 7D18
*3,090
4,221 4.261
MobUe. . . . . . . .
.......
1,600
1.600
FoBSheot*......
3»T»anah— ..
21,360, 21,380
6,285 6,236
Brunswick...
3.408
Charleston—
........ 1 3,406
Pori, R oyal__
Wimstkcton. .
W lj 1.880
Norfolk-.
78$
1.640
NW t V
13 49
7.249
453 ijsev 12.07L
Hsw York
Boston ......... 20J99*
40 21.033
JBNdtlmora
Ifith
2,004) 3.500
Philadelphia
Ban Fran., Ac.,
129
6.017! o.ots

*0

To**} . .

.

Total, v m j m .

7*330 l» 3 W
9M34

783611178,117

810.812 199,913
1*7.671
1 10,646
60,701! 32,210
157.366;
74,123 ........
abaioi
ULSSl]
81.136
£3,411.'
UK.M0 10.02)
w i.a u
.......
9dMh 1,000
18,004
0.747

79 0
39

Oonii*
ncnt.

lota*

**3 a n 1,703.802
10.706
2>,3JM
408,347 1.217.08*
SUS6J 148.417
84.901 1I0.136
488.528 571,4 45
74,374 *32,232
153.006 228.119
21310
142.587 381,648
483*0
25,451
23 411
143,160 848. *08
*.4*1 263.7 43
09,810 127,611
43.494

63,241

<517,674 4.021*781 [6,560 <62

7,976 « M * t ' 177^061,.830,9*2 029,189 2,028,4r
IS'6,030.800

O n th is basis th e officia l p rices fo r a f e w o f th e g ra d e s f o r
th e past w e e k — F eb . 4 to F eb. 10— w o u ld be as fo llo w s .
UPLANDS.

s a t.

Good Ordinary..............—
Low Midriling ...........................
Middling
........ ...................
Good Middling ........... .............
Middling Fair ...........................
GULP.

5M
5*9
O n.
«*».
11,
Sat,

Good Ordinary............. ............
Low M iddling............... - .........
Middling . . . ..........................
Good MirHU n g ............... ........
Middling Fair . . . . ....... . . . . .

N on T
S'*
8
O’ lS
«> IS
7»,«

W ed

Th

F r i.

5=8
6

uck

5=8
0

.5=8
6
ejtfl

5=8
0

5=8
O'*
0 “ lS
7L
7= s

VK
,8 7»,8
7*t« 7®
H o n ra ck W ed T h
F r l.
%K.
7»

Sat,

STAINED,
Low M iddling............ .............
Middling ............. ...................
Strict Middling .. .................
Good Middling Tinged. . . . . . . .

5=8
5=8
KM
01
*
6 Ui
0 'll
7*..
71,s
7 ',
7=,s
T u e * W ed
lO Q

Th.

5=8
07*
0 *1
16
7>1«
7=18
Kr).

4I*i,
5’ s
0>
«5|»

8*1,
6
07su
0f , .

5*1.
6
67,
07,8

8*1
6
6733
«7,fl

5Ix«
0
6732
07l«

5>*
it's
0“ .
01S *
7*t.

5=8
«'*
« '* I ,
7*1.
76,.

5'l,
8
67
07 IS

The im ita tion s for m id d lin g u pland at N ew Y ork on
F eb . 10 fo r ea ch o f th e past 33 y ea rs have been as fo llo w s .
1883 . . . 0. 101*
*
1875 ...0.15=8
1 8 9 9 . . . o . f f b e ( 1691 ...o . 9 1
1874 .......16
1883 .......115)
1898 ....... «4i ; i 8i>o .......1 1'«
1 873 ....... 2 m
1 1 9 7 .......... 7 i , ,,
l S89 ....... 0<is 1881 .......11 't
1872 .......23%
1880
1896 ....... 8>,„ 1888
1871 .......15**
1 9 9 5 .......... 5 %
1887 ....... 3A
1879
1870 ___ 25 *
4
1894 ....... 81,8 1 SS6 ....... 9 1j .. 1878
1 869 ____ 30**
0
1077 ___ 12 T
1893 ....... 9**
18S5
1892 ....... 73,. 1SS4
1876 — .1 2 =,8 1808 ...... 2l*fl
No t e .—OnOot. 1, 1874, grades of c o t t o n as quoted were ohanged .
Aeoordlngtn t!ie new olassltt cation Middling was on tnat day quoted
Mo. lower than Middling of the old olassldoatlon.
MARKET AND SALES.
Spot Market
OtOBSD.
Saturday..
Monday
Tuesday...
Wednesday
Thareday..
Friday......
Total.

F uturbs
Market
C losed.

Quint........... ......
Gole( at “e adv..
Q let
steady.
ymet . . . . . . . .
Go let ...............
Quint.................

stea d y........
Firm ..........
Steady........
8 toad y........
Steady........
Steady........

Sales of Spot A Oontraot
Ex­
port.

Oon
Oon
sump. tract. Total.

_
_
500
....
....

51
....
200
60
..a.
—

500

311

... .

51
800
800
000
frO
O
500 1,060
....
.. . .
—
—
1,920

2,711

T H E

‘2 8 6

C H K O M C L E .

F u t u r e s .— The h igh est, lo w e s t a n d c lo s in g p rioes
F u tu res a t N ew Y o rk are s h ow n in th e fo llo w in g ta b le.

.

F ebruary —
Range..........
Closing........
March—
Range ..........
Closing........
A pril —
Range ..........
Closing........
Mat Range..........
Closing____
J une—
Range ..........
Closing........
J uly—
Range .........
Closing........
A ugust—
Range ..........
Closing........
September—
Range ..........
Closing........
October—
Range..........
Closing........
November —
Range..........
Closing........
D ecember—
Range..........
Closing........
J anuary —
Range.......
Closing........
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LVOL. l x v i i i .

T h e a b ove figures in d ica te an increase iu th e c o tto n in
sigh t to-n ig h t o f 461,104 b a ’ es as co m p a re d w ith th e sam e
date o f 1898, a g a in o f 916,956 bales o v e r th e corresp on d in g
date o f 1897 and an excess o f 1,047,659 bales o v e r 1896,

A t t h e I n t e r io r T o w n s the m o v e m e n t— th a t is th e rece ip t*
O *
*®
M#" fo r th e w eek and sin ce S ep tem ber 1, the sh ip m en te f o r th e
week and th e stock s to -n ig h t, and th e sam e item s fo r th e
?o
corresp on d in g period o f 1897-98—is set o u t in detail b elow .
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T h e V isib l e S u p p l y o f C otton to n igh t, as m ade up b y
©
tO
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ca b le and telegraph , is as follow s. C on tin ental stock s, as w ell
R
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2° i com; M C C C WWM C ©«4 © ©,** t a 00<KRtO
®RRR
as those fo r G reat B ritain and th e afloat, are this w eek ’s re
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turns, and con sequ ently all E u ropean figures are b ro u g h t dow n
O *-l *4 © C * • "'• CR©CC'©0D©00©©7POC0Q»0at0t«3©00CRO©
*
O *<
to Thursday even in g. B u t t o m ake th e to ta l th e com p lete
figures fo r to -n ig h t (F eb. 10), w e add th e item o f exp orts from
O v e r l a n d M o v e m en t f o r t h e W e e k a n d S in c e S e p t . 1 .—
th e U n ited States, in clu d in g in it th e ex p o rts o f F r id a y on ly. W e g iv e belo v a statem en t s h o w in g the ov erla n d m o v e m e n t
fo r the w eek and si m e Sept. 1, as m u le up fr o m te le g r a p h ic
1899.
1898.
1897.
1891.,
8tock at Liverpool......bales. 1,754,000 1,140,000 1,370,000 1,156,000 rep orts receiv ed F r id a y n igh t.
T h e results fo r th e w e e k
Stock at London......................
4,000
3,000
7,000
6 000
en d in g F eb . 10 and sin ce Sept. 1 in th e la st t w o yea rs a re
Total Great Britain stook. 1,768,000 1,143,000 1 ,377,000 1,162,000 as follow s.
Stock at Hamburg...............
21,000
7.000
26,000
20,000
Stook at Bremen....................... *401,000 324.000 226,000 267.000
1898-99.
1897-98.
Stook at Amsterdam...............
3,000
3.000
7.000
9.000
Stock at Botterdam................
200
300
300
200
February 10.
Since
Since
Stook at Antwerp....................
9,000
7.000
10,000
17.000
Week. Sept. 1.
Week. Sept. 1.
Stock at Havre........................ 335,000 260.000 240,000 326.000
Stock at Marseilles..................
4,000
4.000
5.000
7.000
Stook at Barcelona..................
48,000
68,000
57.000
74.000 Shipped—
22,320 717,887 24,591 655,407
Stock at Genoa........................
56,000
39,000
53.000
60 000
7,134 323,129 11,127 267,590
Stock at Trieste.......................
11,000
5.000
15.000
17.000
805
21,433
Total Continental stocks . 888,200 717,300 633,300 803.200
972
Via Rock Island..........................
200
38,351
39,828
_
Tetal European Btocks_ 2,646,200 1,860,300 2,010,300 1,965,200
3,899
87,499*
4,295 127,4® 2
la nnMrth oiloQt for Europe llA GGft . 60,000
fne k
’uwnria y0,000
£A AAA
(\A AAA , / > nrt/i
.,
India cotton afloat
94,000 162,000
6.420 110,472
5,026 • 89,687
lin er, cotton afloat for E’rope. 634.000 613,000 420,000 333,000
6,184 110,022
5,311 123,213
Egypt, Brazil,&c., atlt.for E’pe
36,000
60,000
42,000
42,000
Stock in United States ports. . 950,342 1,290,938 1,000,303 887,398
45,630 1,442,011 52,604 1,269,980
Stock in U. 8. interior towns.. 531.000 558,555 429.094 458,279 Deduct 8hipmentg—
United States exports to-day..
31,020
24,665
15,909
23,026
Overland to N. Y ., Boston, A c.. 19,175 330,272 14,730 319,509
1,869
26,230
506
20,243
Total visible supply..........4,918,562 4,457,458 4,011,606 3,870,903
3,140
41,577
1,130
25,480
Of tbe above, totals of Amerloan and other descriptions are as follow b:
American —
24,184 448,079 16,366 365,332
Liverpool stock............. bales.l,637,00C 1,015,000 1,209,000 963.000
Continental stocks.................. 839,000 682,000 568,000 714.000
Leaving total net overland*.. 21,496 993,932 36,238 904,75?
American afloat for Europe... 634,000 613,000 420,000 333.000
* Including movement by rail to Canada.
United States stock................. 950.342 1,290,938 1,000,303 887,398
United StateB interior stocks. 531,000 558,555 429,094 458,279
T h e fo r e g o in g show s th a t th e w eek ’s n et o v erla n d m o v e m e n t
United States exports to-day..
31,020
24,665
15,909
23,026 this yea r has been 21,496 bales, aga in st 36.238 bales fo r th e
Total American..................4,622,362 4,184,158 3,642,306 3,378,703
w eek in 1898, and th at fo r th e season to date th e a ggreg ate n et
East Indian, Brazil, At:.—
Liverpool stock........................ 117,000
125,000 161,000 193.000 overla n d exh ib its an excess o v e r a yea r a g o o f 89,175 bales.
London stock............................
4,000
3,000
7,000
6,000
Continental stocks...................
49,200
35,300 65,300
1897-98.
89,200
1898-99.
India afloat lor Europe........
90,000
50,000 94,000 162.000
In Sight and Spinners*
Egypt, Brazil, &e., afloat........
36,000
60,000 42,000
Since
42,000
Takings.
Since
Week. Sept. 1. Week. Sept. 1.
Total East India, &o........................... 296)200 273,300 369,300492,200
Total American.................................... 4,622,362 4,184,158 3,642,3063,378,703
Total visible supply.......... 4,918,562 4,467,458 4,011,606 3,870,903 Receipts at ports to Feb. 10____ 126,479 6,980,614 200,866 7,011,853
21,496 993,932 36,238 904,757
Middling Upland, Liverpool..
3 i '3i d. 3 ifs2d.
327a. d.
41'3id. Southern consumption to Feb. 10 26,000 608,000 22,000 529,000
Middling Upland, New York..
87j o.
6*
40.
7»i 6c.
8*so
Egypt Good Brown, Liverpool
53,, d.
4>sd.
5716d.
6tjd.
173,975 8,582,546 259.104 8,445,610
Peruv. Rough Good, Liverpool
6 V i.
tjtgd.
6">; .,< .
1
67,. d.
*68,918 416,881 *10,696 513,479
Broach Fine, Liverpool.......... 3isS2d.
3V I.
37sd.
4 4id.
Tlnnevelly Good, Liverpool...
3*
4(1.
3tid.
32032(1
4S16d.
248,408
Camelnto sightduring week. 105,057
8,959,089s
9,009,427
Total in sight Feb. 1 0 . . .. . . . . .
* Our oable states that Bremen stocks have been corrected by the
addition of 100,1 00 bales. This applies also to tigures for third and North’nspinnerstak’ gsto Feb. 10 49,263 1,606.737 62.584 1,604,222.
fourth weeks of January and first week of February. Tbe aotual addi­
* Decrease during week.
tion to tlie stock tills week Is therefore 35,000 bales, not 135,000 bales.
Note.—Tbe large decrease In interior stocks during tbe week and
T he im ports in to C ontinental ports th e past w eek have
consequent small amount brought Into sight, is due to a minus correc­
been 162,000 bales.
tion of over 40,000 bales in Houston Stook.

T H E

FEBRUARY 11, 1899,J
Q u otation s

for

M id d l in g C otton

at

C H R O N I C L E

Oth er M ark ets.—

Below are closing quotations o f m iddling cotton at Southern
and other principal cotton markets for each day o f the w e e k .
3LOSING QOOTA.TIOM8 POB tflDDLIMQ COTTON OS'
Fed. 10

Satur.

Galveston...
New Orleans
M obile........
Savannah,..
Charleston..
Wilmington.
N orfolk.......
Boston.. .. . .
Baltimore . .
Philadelphia
Augusta......
Memphis___
St. Louis___
Houston......
Cincinnati,.
Louisville,..

6
5\
5\
51 lie
5S
t
53s
0
6hs
OH
6»ia
6%
511„
5 « l9
6
S7,
6

Mon.
6
5 St
5\
Silts
5S
t
53,
6
6h«
ei»i»
6*j
5Hts
51*18
6
57a
6

Tuts.
6
as,
5S,
5U!4
M l,,
579
6
63s
6%
5%
5'*ia
6He
5%
6

Wednts.

Tkurs.

6
5 St
5St
5=8
53,
57
a
6
6hs
6%
§111«

6
53t
53t
5=8
53,
57a
6
6t,s
6*8
g“ i«
6*4

5S
t
5«1S
6he
5Tg
6

5‘hs
S7a
6

Fri.
6
53t
53.
SSg
53*
578
6
6Tia
6*8
611,8
5*t
51*18
6l,a
S7a
6

The closing quotations to day (Friday) at other im portant
Southern markets were as follow s.
Athens______ _
Atlanta . . . . . . .
Chari oWe .......
Columbus, Qo.

6"hs
6>»
8%
5S
t

Columbus,Miss
E u fa u la ------Little Rock . . .
Montgomery...

5%
5»b
5>
b
5S
t

Nashville........
Natohea...........
Raleigh............
Sh reveport....

5»e
5*;,,
6 'u
5

B k c e ip t b f r o m t h e P l a n t a t io n s . — T h e f o llo w in g ta b le
In d ica tes th e a c tu a l m o v e m e n t ea ch w eek fr o m th e p la n ta tio n ?.
T he figures d o n o t in o lu d e o v e rla n d re ce ip ts n o r S ou th ern
co n su m p tio n ; th e y a re s im p ly a s ta te m e n t o f th e w e e k ly
m o v e m e n t fr o m th e p la n ta tio n s o f th a t p a rt o f th e c r o p w h ich
fin a lly re a ch e s th e m a rk e t th r o u g h th e o u tp o r ts .
W
•uk
Reesipts
Rt Uix —
v q
J*Q.
~
*
*
“
fib.
*

the Perris St'll at Interior T<n*ns. Rsc'pttfrom Pfant'rw.

190447 i«as*fx«7.98|iasa*rj lSce-MjiwM ej isaear
8..... *85.0*0 300.873 1(57.340 7SV.S7W8»S^t2 fS*,«05 *7S.O JC7.833 138.900
ftS;
13..... 2M.992 *71.471 tOt.»il 8SC.M rr.*3.M MX. UP I81._2.S wSS.lte 'Sl.TM
S
?
e
so....* Z 9Q tSSJM 130,1*0 o:*,TO*;aoe.a?8 so2,»it s «u t- tia.su : «.«S6
07.&
O
n ...... 177.S0O 208.710 138303 isn.ut sao.vto iri.ies « , ) « ! ! » * . » * . i'«.sn
489.2511 IU.IOS !51.<W»'aoi.t'X> 74.778
I ...., i:*.4i3 *£3.1*8 101.3*4 $99,918 =
8,1
10, .. !'£*.*7* 300.SW t*U*$ MtWO U SM .U ..9M MA«1190.170il0S,U?

The above statem ent show s: 1.—That the total receipts
from the plantations since Sept. 1, 1898, are 7,407,495 bales; in
1897-98 were 7,523,332 bales; in 1896-97 w ere 8,080,380 bales.
2 —That although the receipts at the ou tports the past week
were 126,470 bales, the actual m ovem ent from plantations was
57,561 bales, the balance being taken from stocks at Interior
tow ns. Last year receipts from the plantations for the week
were 190,170 bales and for 1897 they were 105,117 bales.

W eather R etorts by T eleorath.—Reports to ns by
telegraph from the Sonth this evening indicate that the
weather has been decidedly w intry the past week, the tem ­
perature fallin g to six above a t L ittle R ock and Memphis,
and to seven below zero at Nashville. Rain has been general,
with the precipitation rather heavy at some points. The
marketing o f cotton has been interfered with, and little or
n o progress has been made in preparing for the n ext crop.
Galveston* Texas.—There have been show ers on fou r days
d a rin g the week, the rainfall being thirty-seven hundredths
o f an inch. The thermometer has ranged from 26 to 66, av­
eraging 48.
Palestine. Texts .— Freezing weather past three days. W e
have had showers on six days during the week, to the extent
o f forty six hundredths o f an inch. A verage therm om eter
40, highest 6.9, low est 16.
Corpus Christi, Texas.—There have been showers on tw o
days of the week, to the extent o f eight hundredths o f an
inch. The thermometer has averaged 50, the highest being
78 and the low est 24.
Paris, Texas.—Gold weather, w ith som e snow, the past
week. The thermometer has averaged 28, ranging from 13
to 42.
San Antonio. Texas. —W e have had rain on tw o days of
the week, to the extent o f six hundredths o f an inch. M ini­
mum temperature 15.
New Orleans. Louisiana. —W e have had rain on tw o days
darin g the week, the precipitation reaching thirty-nine hun­
dredths o f an inch. The thermometer has averaged 54.
Shreveport, Louisiana.—There has been rain on six days
daring the week, the precipitation being tw enty hundredths
o f an inch. The thermometer has ranged from 31 to 40,
averaging 38.
Columbus, Mississippi.—The cold weather restricts bu si­
ness, There has been rain on fou r days o f the week, to the
extent o f three inches and thirty nine hundredths.
The
thermometer has averaged 30, the highest being 70 and the
low est 14.
Vicksburg, Mississippi.—Snow yesterday and to day. There
has been rain on four days during the week, the precipitation
being ninety seven hundredths o f an inch. Tne therm om eter
has ranged from 20 to 73, averaging 33.
Little Rock. Arkansas.—The e irth is covered with snow and
i :e and the river is frozen over. A verage therm om eter 21,
highest 36 and Jowest 6.
Helen ', Arkansas.—No farm work lias been possible this
week. The weather is very cold , and ie-» obstructs naviga­
tion. There has bean snow and sleet on five days o f the
week, the precipitation from which reached fifty-five hun-

28 7

dredtbs o f an in ch , and there are prospects o f m ore snow.
The therm om eter has averaged 26, the highest being 64 and
the low est 8— this m orning.
Memphis, Tennessee.—Tm s has been the coldest week of the
season. There has been rain on fou r days, on all o f w hich
there was also sleet and snow, the precipitation being tw o
inches and fifty-five hundredths. The thermometer has
averaged 23'3, ranging from 6'5 to 43-5.
Nashville, Tennessee.—Rain has fallen during the week to
the extent o f one inch and seventy-five hundredths. The
thermometer has ranged from 7 below zero to 64 above,
averaging 30.
Mobile, Alabama .—Reports from the interior indicate
heavy rains early p art.oi the week and freezing weather the
latter portion. There has been rain on five days during the
week, the precipitation reaching forty-nine hundredths o f an
inch. A verage thermometer 49, highest 71 and low est 19.
Montgomery, Alabama.— The coldest weather o f the season
has been the last three days, but it is moderating now . Rain
has fallen on three days o f the w eek, to the extent o f eightythree hundredths o f an inch. The thermometer has averaged
46, the highest being 75 and the low est 16.
Selma, Alabama.—There has been no progress whatever in
making preparation for the next crop . Some cotton is still
in the field, b a t it appears to have been abandoned
Snow
has fallen on one day. The week’s rainfall reached tw o
inches and tw o hundredths on three days. The therm om eter
has averaged 50, ranging from 17 to 77.
Madison, Florida.—There has been rain on three days dur­
ing the week, the rainfall being eighty hundredths o f an
inch. The thermometer has ranged from 26 to 80, averag lo g 57.
Savann ih, Georgia .—R tin has fallen on five days o f the
week, to the extent o f ninety-tw o hundredths o f an inch.
The thermometer has averaged 80, the highest being 81 and
the lowest 26.
Augusta, Georgia .— Preparations fo r the next crop are
making no progress. The week's rainfall reached fou r inches
and eighty-one hundredths, on five days. The therm om eter
has averaged 48, ranging from 22 to 76.
Stateburg, Scruth Carolina. —There has been rain accom ­
panied by thnnder on three days o f the week, the rainfall
reaching three inches and forty-five hundredths, follow ed b y
a blizzard w hich is now on.
A verage thermometer 50,
highest 77 and lowest 21.
Greenwood, South Carolina .—There has been rain on fou r
days o f the week, to the extent o f three inches and sixty-eight
hundredths. The thermometer has averaged 43, the highest
being 51 and the lowest 36.
Wilton, North Carolina.—Last year’s cotton is not at all
picked yet. The weather has neen very unfavorable. W e have
had rain and snow during the week; in fact the precipitation
the past ten days (including m elted snow) has been five
inches and tw enty hundredths.
The thermometer has
averaged 48, ranging from 19 to 73.
The follow ing statement we have also received by telegraph,
showing the height o f the rivers at the pu n ts named at
8 o ’clock February 9, 1899, and February 10, 1898.
1 Feb. 9. ’99.
Feet.
13*9
14-3
396
80
3 f7

New Orleans.......
Memphis..........
Nashville.............
Shreveport.........
Vicksburg...........

Feb. 10. '98.
Feet.
14 0
31*1
6-2
5-7
42*0

I n d ia C otton M o v e m e n t f ro m a l l P o r t s .— The receipts
o f cotton at Bom bay and the shipm ents from all India ports
for the week ending Feb. 9, ana for the season from Sept. 1
to Fob. 9 for three years have been as follow s:
1898-99.
Heeeipts at—
Sombay..........
Exports
from—
Bombay—
1898-99..
1897-98..
1996-97..
Oaloutta—
1898 99..
1897-99..
1896-97..
Madras—
1898*99.,
1897981896-97..
4.11 other*—
1898-99..
1897-98..
1896-97..
Total all—
1898-99..
1897-99 .
1896-97..

1897-98.

80,000

765.000

Since
Sept. 1.

Week.

Since
Sept. 1.

48,000

407,000

49,000

571,000

For the Week.
Great
Britain.

1896-97.

Week.

Week.

Since
Sept. 1,

Since September 1.
Great
Britain.

Conti­
nent.

9.000
7,000
15,000

9,000
7,000
15,000

2,000
1,000
7,000

139,000
73,000
181,000

141.000
74,000
188,000

1,000

2,000
2,000
4,000

14,000
9,000
19,000

16,000
11,000
23,000

2,000
2,000
9,000
........

Total.

1,000
......
1.000

........

Conti­
nent.

14.000
6,000
17.000

16,000
8,000
26,000

1,000

Total.

3,000

3,000

4.000
9.000
13,000

51.000
23.000
10,000

55.000
32.000
53,000

13,000
7,000
16,000

13,000
7,000
16,000

10,000
14,000
33,000

218,000
111,000
257,000

228,000
125,000
290,000

........

A ocord in g to the foregoin g, Bombay appears to show an

increase com pared witli last, year in the w eek’s receipts o f
32,000 bales. Exports from all India ports record a gain
of 8,000 bales d uring the w eek and since Septem ber 1 show
an excess o f 103.000 bales.

T H E

288
A

l e x a n d r ia

R

e c e ip t s

and

S h ip m e n t s

C o tton .—

op

T h rou gh a rra n g e m e n ts w e m a d e w ith Messrs. D a v is, B e n a c h i
& C o ., o f L iv e rp o o l a n d A le x a n d ria , w e n o w r e c e iv e a w e e k ly
ca b le o f th e m o v e m e n ts o f c o t to n a t A le x a n d r ia , E g y p t. T h e
fo llo w in g are th e re ce ip ts a n d sh ip m en ts fo r th e pa st w eek
and f o r the c o rre s p o n d in g w eek o f th e p re v io u s t w o y e a rs .
Alexandria, Egypt,
February 8

1893-99.

Reoeipts (cantars*)...
This week................
Since Sept. 1............

1896-97.

1897-98.

Total Europe........ 26,000i387,000 42,000 465,000 26,000 439,000
' A oansar is 93 pounds.
t Of which to America In 1898-99, 24,971 bales; in 1897-98,29,072
bales; in 1896-97, 28,723 bales.
T h is sta te m e n t sh o w s th a t th e r e ce ip ts fo r th e w e e k e n d in g
F eb. 8 w ere 1(50,000 ca n ta rs and th e s h ip m e n ts to a ll E u rope
26,000 bales.
M a n c h e s te r Ma r k e t .— O ur r e p o r t r e c e iv e d b y ca b l
to -n ig h t fro m M anchester sta tes th a t the m a r k e t is firm f o r
both yarn s a n d shirtings. M an ufactu rers are g e n e r a lly w e l 1
u nder co n tra ct. W e g iv e th^ prices fo r co-u a y b e lo * am
lea ve those fo r previou s w eeks o f this a n d last yea r fo
com p a rison .
1898 99.

d. s. d.
1 96 9
1 ©6 9
1 96 9
1L3»6 10
U u a e io
io

a.
d.
d.
33^2 5 iiiet®6%
3=32
33i6 55q a>6%
55s
39 2 5®8 96%
3U3, 53» 96%

a.
4
4
4
4
4
4

d. a.
0^56
0*3*6
1 96
1 96
1 «6
iifl©6

d
8
8
8
1%
7i3
8*2

i.
3H
3732
33,6
§132
31*3,

8 b a I s l a n d C o t t o n M o v e m e n t .— W e h a v e re ce iv e d this
(F rid ay) e v e n in g b y te le g ra p h fr o m th e v a r io u s p orts the
details o f th e Sea Isla n d c o t t o n m o v e m e n t f o r th e w e e k . The
reoeipts fo r th e weeK e n d in g to -n ig h t (F eb. 10) and since
8 ept, 1, 1898, t h e s t o c k s to -n ig h t, a n d th e sa m e item s fo» the
co rresp on d in g o e r io d s o f 1897-93 a re a s f o llo w s .
1898-99.
Receipt! to Feb. 10

1897-98.

Stock

Thit
Since
Since
Thit
week. Sept. 1. week. Sept. 1. 18: 9

Savannah........................
Charleston, &o................
Florida, &o......................

673 48,100
*25
5,005
144
6 ,n o

1,520
76
417

1898.

54,438 13.273 20,309
9,492 2,533
6,164 3,274 1,428

Total...........................
842 59,215 2,013 70,094 19,080 26,191
* Estimated.
T he ixp orca fo r th e w eek en d in g th is e v e n in g rea ch a to ' 1
o f 385 hale3, o f w h ic h 335 bales w ere to G reat Britain 60
t o F ran ce a n d — to R eval, a n d th e a m o u n t forw a rd ed to
N orthern m ills has been 619 bales. B e lo w are th e e x p o r t
f o r th e w eek and sin ce S ep tem b er 1 in 1898-99 a n d 1897-98.
Export1
from—
Savannah...
Oharl’t’ n.&c
Florida, &o.
New York.
Boston.......
Balt., &e. ..
Total.......

........

........

” 325

” 60

60

........ 4,849 2,381
1,343
200
’ 335 4,161 4,072
1,945
1,382

7,210
1,343
200
8.233
1,945
1,382

385 13,880 6,433 20,313

475 20,322
868
144 5,946
. .. ...

619 27,136

1,944 1.472 3.416 20,830 6,010 26,840 2,460 24,450
A co n sid e ra b le p o rtio n o f th e Sea Is la n d c o t to n shipped to
fo re ig n ports g o e s via N ew Y o r k , an d s o m e sm a ll a m ou n ts \ .a
B oston a n d B a ltim ore. In stea d o f in c lu d in g th is co tto n fed'
th e w eek in w h ich it le a v es th e S ou th ern o u tp o r ts , w e fo llo w
th e sam e plan as in o u r r e g u la r ta b le o f in c lu d in g it w hen
a ctu a lly e x p o rte d fr o m N e w Y o r k , & c. T h e d e ta ils o f the
shipm ents o f Sea Island co tto n fo r th e w eek w ill be foun d
u n der th e h ead “ S h ipp in g N ew s,” on a subsequen t page.
Q uotation s F eb 10 at S a va n n a h , fo r F loridas, com m on
9 c.; m ed iu m fine, 10c.; c h o ic e , 13c.
C h arleston . C arolina?, m ed iu m fine, 13c.; fu ilv fine. 33 to
25o.: e x tra fine, 40 to 50c.
m ov em en t is
on fo o t a m on g F a ll R iv e r co tto n m a n u fa ctu rers to take
such action as w ill a v ert a strike o f th e operatives. T h e
various la b o r unions have h eld m eetin gs o f late f o r the pur pose o f m a k in g fo rm a l d e m in d s fo r a restoration o f the c u t
m ade last year, and it is stated th a t unless som e co n ce s sio n
is m ade, a strik e is p rob a b le ea rly in M arch . It is con sid ered
lik e ly th at th e m a n u fa ctu rers w ill g iv e th e m a tter proper
attention and th a t som e in crea se w ill be g iv e n .
ew

E n g l a n d C o tto n M il l S it u a t io n .

A

*
•
“
"
"
"
•
•

Argentine Republio...............
United States of Colombia...

1897.

Hong Kong............................
“

489,769
2.2,215
11,242
2,010
1,361,548
347,010
591.084
48 ,831
1,001.595
0,760,086
2.709,20
62,274
31,005
71,395
1,582,093
1,431,397
1,301

20,920,474
$978,^1
$•0400

7alues o f other M an u factu res Ol
C otton exported to—

0,052,114
3.000,004
483,200
r 5,752
12,549,414
2,423.716
6,100,871
5,822,351
27,751.504
137,898,721
7,000,603
470, 18
001,473
1,521,270
20,855,245
8,7 10,678
70,029

5,390,901
1,698,228
208,080
67,487
13,012,174
1,795,284
7,187.140
5,888,6*7
20,003,357
130,425,0''1
9,374,"98
223,018
2,480,010
704,477
19,830,039
17,148,707
116,833

10,200,719 289,632,448'269,104,734
$859,734 $13,740,883 $13,979,299
$•0131
$*0474
$'05.9

$8,923
2.317
20,160
1<‘,126
115,87 b

Banto Domingo........................
Puerto Rico..............................
Other W. Indies and Bermuda..
Argentine Republic.................
United States of Colombia......
Other countries in So. America
British East Indies...................
Hong Kong ..............................
British Australasia...................
Dther countries In Asia an'
Ooeanica.....................................
Africa....... ..............................
ither countries.........................

$22,520
706
5,821
14,389
109,085

$375,772
7,184
173,450
78,457
1,651,130

$408,789
7.421
217,341
51,*0O
1,418,415

13.799
30,244
3.100
2,797
54S
8,543
11,944
5,815
3,177
3,941
800
119
307
14,317

Ither countries in Europe.......
Irltish North America...........
Centra) American States & Brltlsl

Total value of other manufac
lures o f....................................
Aggregate value of all cotton good-

1897.

8.632,F13
000,352
6,011
281.101 1,299,021
70,741
1,316,6*4
894,057
3W9.751 16,853,225 13.771,581
3', 7,214 10,003,790 8,7L7,726'

134,977
1,094,845
5.0,051
10,734

Ither countries......................
Total yards of above......
Total values of above.......
falue per yard............... .......

1898.

1,072,678 10,0^2,771

615, 38
203,7««
234,144
21,284
1,04 8,480
380,905
1,528.87*
740,812
2,3(6,*<24
5,910,721
873,758
30,0tu

"
Banto Domingo......................

16.7*<4
30,273
1,872
774
2L0
7,501
1,430
2,972
3,95'
3,726
760
250
10,19o

195,938
33^,393
21,954
lo,8*7
2,420
92,037
49,060
40.090
30,912
40,217
15,882
2,7*5
15,288
102,547

192.935279.922
20,390
15.021
2,7 09
78,019
41,923
51.044
40,550
40,626
19.078
1.980
7,650

33,934
0,301
32

314,279
73,539
5,641

296,725
5«,687
5,775

29,202

8,000

705

V
-

165,201

$321,03)
$234,108 $3,711,674 $3,427,326$1,299,853 $1,148,902 $17,462 557 $17,400,625

J ute B utts B a g g i n g , & c .— W h ile th ere has been little o r
n o th in g d o in g in ju t e b a g g in g d u rin g the w eek u n d er rev ie w ,
q u ota tion s are n om in a lly u n ch a n g ed , at 5%@5%c. fo r 1 %
lbs. and 6@6J^c. fo r 3 lb s ., stan dard gra d es. J ute b u tts havebeen v ery d u ll at '90c. fo r pa p er q u a lity a nd l % c . f o r m ix in g
E x p o r t s o p C otto n G oods f ro m G r e a t B r it a in .— B eiow
w e g iv e th e ex p o rts o f c o tto n y a rn , g o o d s, & c., fr o m G re a t
B ritain fo r th e m on th o f D ecem b er and sin ce J a n u a ry 1 in
1898 a n d 1897, as co m p ile d b y us fr o m th e B ritish B oard
o f T rade returns. It w ill be n o tice d th a t w e h a v e re d u ce d
the m ov em en t all to p ou n d s.
Yarn&Thread

Great Fr'nce
Great Fr’nct
Sinc>
Total. BriVn
BriVn. dc.
dkc. Total. Week. Sept. ?.

325

1898.
1,255.708
2/i70
21.186
12i.^37
1,022,855
91.5,347

United Kingdom...................yard*
*
Germany............................... •
3ther countries in Europe.... "
Srltlsh North America.........
Central American States and “

Week Ending Feb. 10. Since Sept. 1, 1898. North’n Mit t.

Total 1897-8

N

Quantities o f M an u factu res o f Col - M onth ending Nov. 30. 11 m os. ending Nov. 30 _

United Kingdom.......................
France.......................................

1897-98

8% lbs. Shirt­ OotVn
8% tbs. Shirt­ Ootl'i
32* Cop. ings, common Mid. 32* Cop. ings, commo
Hie.
Twist.
to finest.
Uplds Twist.
io finest.
UpU
s.
4
Jan. 6
“ 13
4
4
" 20
4
“ 27
4
Feb. 3
“ 10 5% 96% 4

Domestic ; E x p o r t s o p C otton M a n u f a c t u r e s .— W e g ic e
below a statem en t s h o w in g the exp orts o f d om estic cotto n
m anufactures fo r N ovem b er and for the e lev en m onths e n d a i
N ov. 30, 1898, and for purposes o f com p a rison like figures for
the corresp on d in g p eriods o f th e previou s y ea r are also
presented:

exp orted to—

145,000
4,739,000
This
Sina
week. Sept, l

165,000
160,000 l
5,259,000
1,633,000
Since
Since
This
This
week. Sept.l.
week. Sept. 1.

Exports (hales)—
To Liverpool........... 10,000 197.000 21,000 236.000 10,000 238.000
To Continent).......... 16.000 190.000 21,000 229.000 16,000 201.000

d.
d.
5®8 /®61
a
55s ^ 6 ^
5»9
5 \ 96%

[V ol . LXVIII

C H R O N I C L E .

Cloth.

l o t a l o f An.

1898.

1897.

1898.

1897.

1898.

1897.

1898.

Lbs.

Lb*.

Yds.

Yds.

Lbs

Lbs

Lbs.

1897.
Lbs.

January ..
February
March......

23,841 21, 81 449,97
23.383 19,9 9 410,715
27,451 24,839 496,2-5

447,452 80.037 85,506
363,919 78,531 09,54
434,382 94.894 83,008

109,87*'
101,914
122,34*

100,68?
89,482
107,8*7

Tot.lst quar

74,678 05,959 1,350,981 1,245,753 259,462 238,057
23,335 22,823 368,9*0 346,872 70,520 66,286
22,029 22,750 390,003 387,227 74,685 73,997
23,187 20.718 408,35. 354,746 78,079 07,790

334,140

304,016

93,801
97,314
101,206

88,90990,753
88,508-

April.......
May.........
June..........

09,151 66,097 1,107,904 1,088.845 223,290 208,073 292,441 274,170
19,010 23,453 449,231 406,900 85,895 77,757 105,511 101,210
20,541 23,701 439,840 437,455 84,101 83,595 104,042 107,298
19,811 21,598 428,243 372,406 81,882 71,105 101,093
92,763
Tot. 3d quar 59,908 88,752 1,317,320 1,210,701 251,8 8 232,517 311,840 301,209
24,253 24,234 440,899 390,5*4 85,449 74,031 109,702
October..
98.805
November... 22,325 27,952 427,823 432,146 81,8 > 82,581 104,127 110,533
2
December... 23,474 25,967 499,54i 413,220 95,534 79,919 119,008 105,886
Total 4th qr. 70.052 78.153 1.374,283 1,240,910 202,735 237,131 S32.837 315.281
Total year. 273,849 278,901 5,210,491 4,792,209 907,415 915,778 1,271,204 1,194,739
Tot. 2d quar

July..........
August.......
September.

Stockings and socks.
Sundry artioles.........
Total exports o f cotton manufactures.......

809
24,01^

906
20,04*1

1,290,781 1,221,093

T h e fo r e g o in g sh ow s th at th ere has been e x p o rte d fr o m the
U nited K in g d o m d u rin g the tw e lv e m onths 1,396,781,006 lbs.
o f m a n u fa ctu red co tto n , against 1,331,693,006 lbs, last y ea r, or
an in crease o f 75,038,000 lbs.
A fu rth er m a tter o f in terest is th e d estin a tion o f these
exp orts, a n d w e have th erefore prepared the fo llo w in g
statem ents, s h o w in g th e am ou nts taken b y th e p rin cip a l
cou ntries du rin g D e ce m b e r a n d sin ce J a n u a ry 1 in ea ch o f th e
last th ree years:

T H E

F e b r u a r y 1 1 , lt it 9 J

EXPORTS OF PIECE G'JOOU i l D Y VftN
T* TO PRINCIPAL OO01fTitI8& IH
DECEMBER AND PROM JANUARY 1 TO DECEMBER 3 1 .

Jan. l to Dec, Si.

December.

PUa iJfrjdt—Fard*.
(OOOt omitted,}

D©0.

L897.
1388- j 134T
7. IS&d.
- &
£ia£. m j‘ 83 ....... ............. iZ7J-t)■ *5,402 177,814 ,2,324,342 2,012.370

...... ?kf,7W 73.1*1
00.021 “ ~ i: — * •♦ 30 ».0 A
56.35* 2d.Od7 Si.U»8'
25*73*) >4,?>03 22,261 205.33*
35.072 id.-TS; 661.104
1
1 231.H&!
2A333LlO> 23,0311 32,04* 351,-03

rurJcgy,
and Africa-.
China *ad Japan.................
fiarop* except Tartar).....
Soath America ..................
North Amerlea.................
All ocaer coon tries.......... .

860,03*
530.3:48
457.160

248.747
373,) 62

493.561 418. *14 431.830 6.210.491 4,703.209 5.218.348
£*.537 E^.03 i i t .28* £47,910 *4d,3C8 £51.106

fa ta l y a rd s .... . . . . . . . .
ralae . . . . . ...

.

4.3*3!
3.1*05
m o a;
4 ,020 !
1.30*51
3,100
tsJSU
l

.......... — ...

Oth. Sarope (except T a rteyi
Saat in d ie*.................. ...
: htna and Japan .............
T a rta r and Isgyp t..........
4U other coantria*...........

Total IP*..........- .......

20 370

*7391

Aiasl 3.335
3.346; 3M0
0,0*7} 3.*21
5.115! J.Ul
3.072 J.177
3.0SW 2,555
5*3
l.&
O* *,¥
2X3H

33,77 71
42,224
47.07u;
40,144

30,.v>l]
30.301;

18,800;

30,830

33,501

50.AS?
34.389
2 ,1 **"
0V

51.977

3»,4?y
44.7 9

17.163

44,0 5
44.712
31,M3
22,718
17,0*5

133*5
£810

OOHPABATIVE F o « T KKOK1PTS AND D AlLtf CROP MOVEMK>T.
- A c o m p a r is o n o f th e p o r t m o v e m e n t b y w e e k s is n ot
• e cu r a te a s th e w e e k s in d if f e t e n t y e a r s d o n o t e n d o n the
aam e d a y o f th e m o n th . W e h a v e c o n s e q u e n t ly a d d e d t o o u r
° t h e r s ta n d in g ta b le s a d a ily a n d m o n th ly s ta t e m e n t, that
th e r e a d e r m a y c o n s t a n t ly h a v e b e fo r e h im t h e d a ta for
a w in g th e e x a c t r e la t iv e m o v e m e n t f o r t h e y e a r s n am ed.
The m o n th ly m o v e m e n ts s in c e S e p te m b e r 1,
a n d i»
p r e v io u s r e a r s , h a v e b e e n a s f o l l o w s :
forUAt}.

ita r

1898

deptemoct

l.

1894

1897

1899

8 -jt'm h’ i 697,784 786,702 9 l2 t48€ 383,S8C 518,762 377.408
O •tuber 1,735,66c 1,424,907
1,202.46- 1,622.064 1,311.279
X jvem b’t 1,861.819 1,776,907 1,286,251 912,759 1,607.662 1,272,776
T I.S 85,770 1,581.948 1,256,00C 967,899 1,497,56. 1,239,738
Jaouary
929,538 1,114,873 635,878 543,118 938,197 037,028
T otal.. 6,790.371 8,688.337 5,559.131 4.035,122 6,1343 4* 4,868.219
P ’eeat'ge o f lot-por'
78*16
81-55
75 35
reselpta Jan. 3 1..
77 08
6110
T h is sta tem en t sh o w s that u p to J a n u a ry 31 th e r e c e ip t*
at th e p o rta th is y e a r w e re 102,031 ba les m ore than in 1897 08
a n d 1,331,310 o a le a g re a te r th a n in 1896-97. B y a d d in g to
t h e t i t a l a t o J a n . 31 Che d a l l y receip ts s in c e th a t tim e we
sn a il be to te to r e a c t io n #< t :t c o m p a r is o n o f th e m o v e m e n t
f o r th e d if f e r e n t y e a r a .
1897-99.

1 995-3^.

1806-97.

w
o>
V*
80

1898-99.

T o . J n , 31 6,7 9 0,37 1 6 ,6 9 8 .3 3 7 5 ,559,131
F eb. 1 ..
2 5 ,9 9 2
18,192
2 1 ,1 3 7
•
• 2 ..
37,701
1 4 ,0 2 3
21,794
•' 3 .
11,222
2 8 ,5 » 9
2 5 .8 5 3
*4 4b...,
1 5 .6 0 2
21, I t
3 3,1 0*
2 4 ,2 5 0
M 5 ..,
3.
1 5 ,6 5 f
2 0,9 7r
1 4 .1 7 )
** « . . .
».
’* 7
2 3 ,8 4 1
8.
3 4 ,9 9 8
.. 9
17,35
35,072
t a .s B i
•* d
14,110
2 0 ,9 1 2
2-> 490
28,431
17.756
22.S4"
“ 1 0 ..T o t a l . 8 ,9 3 ^ 0 1 4 0 .9 5 0 .3 2 4 -5 .7 2 1 .1 6
P ' 06 Ot’ g « o f t o t pori
8 0-2 2
83-9 3
r e c e ip t s F « b . 1 0 ..

15,242
8
2 2 .2 17
23,19>*
1 4 .:* *
15.7*1
22.507
10,50
a.
2 0.3 13

189V 95.

4 ,1 8 5 ,5 * 5 6 ,3 * 0 .9 7
75-7 3

1 89 3 94.

0, 8 1 .8 * 1 4 ,8 8 8 ,2 1 9
33.52*
8 ,5 5 9
2 2 79
1 7 ,0 1 4
0
1 1 ,2 4 7
3 1 ,4 3
0
2 7 .8 1 5
2 1 ,3 1 6
21,983
18,065
13,197
5 .2 6 3
37,826
13.4 03
16.511
24,561
12,1 00
8.
5 ,0 2 6 ,4 5 i

91-0 7

8400

Cats ic a s e a te a t m o w * c o a t t h e r e c e ip t s s i n c e N ep t. 1 up io
to -n ig h t a re n o w 24,399 b a le# m ore th an t h e y w i r e t o the
nam e d a y o f th e m o n th in 1898a n d 1,359,131 b a le * g rea ter than
th e y w e r e t o th e a a m e d a y o f th e m o n th in 1897. W e add to
th e ;a b le t h e p e r c e n t a g e s o f t o t a l p o r t r e c e i p t s w h ic h had
neen r e c e iv e d t o Feb. 10 in s u c h o f t h e y e a r a n a m e d ,
T a n F o l l o w in g v b b this l a o s s R b o s i f t b o r O o t t o p at
N ew Y ir k , d i s t o n , * h lla d c lo h la t a d l a l t i m o r e f o r t h e pa-t
w eek, in d s in c e " t ip t e m b e r 1, tf}S8.
1

gw f o a c .

Thi»
J»n<«
%
9t*k. 3 « p t .) .
{4vOrl<»a«».
fW P W ..m a ,
■aiTi*an’ h 4 c
9
M obil, ......

4,113
7,5 U
5,l»34

rea ch ed 173, 417 bales. T h e sh ip m en ts in d e ta il, as m a d e up
from m a il a n d te le g ra p h ic retu rn s, a re as fo llo w s :
Total bale:.
New Yokk —To Liverpool, per steamer Cevio, 6,724 upland
and SO Sea Is la n d ............. ................................................... 6,774
To Manehest-r, per steamer Blela, 27a Sea Island...............
275
To Havre, per steamer 1 a Gascogne, 393 upland and 60 Sea
453
Island...................
To Bremen, per steamer H. H. Meier, 1,110 (including 192
round .-emoted as 96)..................... _...................................... 1,110
To Hamburg, per steamer Brasilta, 50...................................
50
To Rotterdam, per steamer Straits of Dover, 1 ,000............ 1,000
To Antwerp, i « r steamers St. CutUbert, 770 ...W estern
land, 36H
....................
1.138
To Genoa, per st- amers AHer, to o ____ Spartan Prince, 200.. 300
To Naples, per steamers Alier, 502____ Spartan Prince, 221.. 723
i o Trieste, per steamer Pocahontas,
48
To Japan, per steamer Thornhill, 200.........
200
S ew urlea . s—To Manchester - Feb, 1—
n
-Steamer Capenor,
4,272 ...Feb. 6—steamer FramHeld, 3,646......................... 7,918
To Hamburg—Feb. 3 steamer Montclair, 1,200_ F b. 9—
_
Steamer Valesia. 1085___Feb. 10—Steamer Start, 630___ 2,935
To Botter am -Feb. 10—Steamer Windsor. 520...................
520
To Copetiltacen-Feb 3 Steamer 13 e o£ Kent, 425......
Feb. * —gt-mtner Drumgartb, I.- 26.....................................
2,051
To Barcelona—Feb. 3-Steam er Grao, 3,t 00 .......................... 3,0 0
To Japuu-Feb. 3—Steamer Undaunted. 6,068 .................... 6,966
O a.lv t-sros—To Liverpool—
Feb. 3 -e liip M-raey, 6.001.......
Feb. 4-Steam er Aston Hall, 8.708_ Feb. 8 —
_
Steamer
Luclna, A,621
Feb. 9 —
Steamer Governor, 4.529 .......... 24.859
To Manchester—Feb. 3—Steamer Slmhrisbni, 4,211............. 4,211
To Havre—Feb. 2 Steamer V ala.7,210....Feb. 3—Steamer
Kalmuck. l i , 5 7 j ..................................................................... 18,783
To Bremen—Feb. 3 -Steamer KU!o, 4,032.......Feb 6 —
Steamer Anselma de Lirrluaga. -.748................................ 9,7i0
To Hamburg-Feb. 4—steamer Oamroae, 9 6 ) ___Feb. 8—
ate mer GlenUeld, 1,243 ........................................................ 2,173
To Rotterdam—Feb. 2—Steamer Omba, 810.......Fol). 8 —
SUmmera Dnrgul, and Trongut*-, 815......................... ....... 1,655
To Antwerp—Feb. t—Steamer Richmond Castle, 3.106___
Feb. 8—Steamer Nethergate, .-,40i ........ .......................... 5,507
U
okpcb C hrist), * c . —To Mexico, par railroad, 2 8 7 ....... ......
J67
Uomile—To Bremen—Feb. 8—steamer Clmbrta. 4,261............... 4,261
Pens iCOLA—To Manchester Feb. 9 Steamer Ernesto, 1,600. 1,690
S aV . nsah —To Bremen-Fell. 6—Steamer Matin, 10,595.......... 10,595
To Barcelona Feb. 0—Steamer Cambridge, 5,525............... 5,525
To Genua—Feb. ID -Sfoa uer Ruuidalon. 5,240 _ . . . ___
_
5,240
Bucks wtOiC—Tu Bremen Feb. 3 Steatner Garton, 5,285........ 5,295
GBARtMTOSt—To Manchester Feb. 10—
Steamer Haven*rv,
3, 106 ....................................................... ............... ..........3,408
NOKvoMt—Bn Ltverpwl -F ob. 6—Steamer Pin nor'* Point, 783
783
To Hamburg—*••!>. 9—Steamer Laura. 801...........................
801
Newtort )( b k s - T o Liverpool—Jan. 29—
Steamer Eappaba 1
nook, 500---- Feb, 8—steamer Rajddao, 1.349............ .
1,849
Bo#T<i*—To Liverpool—Jan. 31—Steamer Vlctoriau, 7,117_
_
Feb 3 Steamer Sylvanla, 1,559 Feb. 4 -Steamer Otto
man. 1,636 ...F eb 6—
Steamer Irlebmau, 6,715
... 17,357
To Manoheeter—
Jan. 31 Steamer Cynthtana, 3,636______
3,6 vs
To Yarmouth—
Feb 7 —
St-minor Boston, i o ..........................
40
B ki.TiKOKK— Liverpool—Feb. 2 —
To
Steamer UUtermocu, 1,526 1,526
To Bremen —
Feb. 8—Steamer Darnutadt, 1 ,0 6 1 ...,..,........
1,981
To Hamburg—Feb. 8 -Steamer A ulirla, 100.. ............. ...
100
Pim ru xti, Mb. - T o Liverpool—Feb. 8 —
Steamer Georgian. 129
129
Svs Dituio, O al.—To Japa n -F eb 2 Steamer Belgian King,
5.917........................... ............................................ ......... ......... 5,917
.

farna—L&
*.

i U O om itted,)
Os

d,-Jilaal . ......... .

iSd

C H R O N I C L E .

80S 70W ,
34»c*
144#
w#«>. 8 « » L ) .

PHI1 AD*LPH‘ A
I hi#
«•••*.

Ba b rill OK i.

Thu
6 « , ( . 1. w u k .

Mu
H«pi

..
104.483
174.341
.......... .

7,02#

55,070
104,882
.

Total............................................................................... ......... ...17 2 ,4 17
T h e p a rticu la rs o f th e fo r e g o in g sh ip m en ts, a rra n g e d in
o-ir usual form , are a s fo llo w s .
Great Preach Ogr- —0(h./Trope-> Mexico,
die. Jap a a Total.
BriVn. porLt ffianv Vorth. South.
Sew Y»rk
7.019
4 >3 1.100 2,138 1.071
200 12,071
S. Orleans. 7,910
2.9J5 2.571 3,600
6,000 23,000
Galveston. 29.0 70
11,953 7,162
66.968
207
Oor. C.. .to
207
Mobile......
1,761
4,201
Pensacola.
1,609
l,c00
sUvannah.. .. . T V
10.595
T
21,360
10,705
Brunswick
5,285
8*285
Oharieeton 3.A0S
3,403
Norfolk....
798
801
1,589
N’p’ t New# 1,8 49
1,819
Boato ii ... 20.903
io
21,033
Baltimore. 1,526
3.590
2,0^; i
Portl*4,Me.
129
129
San Diego. ........ . . . . . . . . . . . . ........ . . . . . . ........ 5,917
5,917
T o ta l.... 74.330 19,23639.0>4 11,371 15.436
307 12,183 172,417
f o Japan s in ce S ep tem b er l sh ip m en ts have be- n 43,494
bales from P a cific C oast, 6,066 b a les fro m N ew
>rlvans,
14,961) bales from G alveston a n d 200 bales fro m N * v Vfoik.
B elow w e g iv e all n ew s re c e iv e d to d a te o f d ist -ters to
vessels c a r r y in g c o t to n fr o m U n ited S ta tes ports, & c.
T revobis. steamer (Br.i. from Galveat-on tir R u m , botoro r'.i> rt»l
arrived at Key W -#t, after being ashore near Saod Key. * died
for de*tlnation Fei>. 7, bonds having been given for ».* vags
services.
Ya m m d c iii 'lAko, steamer (Jap.), from Seattle for Yokohama, previ
Oiuly reported arrived at Ogl loliou t with cotton cargo on fire,
has had It extinguished. Cargo In hold No 2 Is damaged, and
wlti be sold at public auction, Ttie cargo In tho other holds Is
believed to be undamaged.
C otton fre ig h ts a t N ew Y o r k th e past w e e k h av e been
as fo llo w s .
Salur.

53,848

Liverpool, asked.e
181
Do
........ .3.
....
........
Havre.................. c.
351
Carolina
3At
*8,301
IM *
♦n.i < ?
*
Brem en............. e.
251
No. Carolina
w*
Hamburg........... c. 278H
V lr * in l* . .
3*1
7*v*33
1 A),2 1 0
l.stl|
1.76C 18,000 138,887
Amsterdam, ask.c. 27 >s!
North, porta
1,7 SO 4.350
M S 0 ........ | rl1. , r
40i
74,857 133*7 i33A4t
Taan., 4c*-,
3,039
4450
25.WH fteval, v. Hamb..c.
2402
20,811
Do v. H ull...e.
351
Tor*\sn____
s ,m
».nsi3
140
2?,770j
------27141
T o t a l..,..,
<400.820 35,387 922.143 3,503 j 34,367 2? ,250 218 219 Rotterdam..........t.
Genoa................. ..
851
#7.730
$13401
V.OHoi
5b.- -B 12430 186 0*4 T rieste...............r.
401
Antwerp.............tf.
211
S h ip p in g Me w s .— A s s h o w n on a p reviou s p a g e , the G hent.v.Antw' i> 7,
<
281
exp ort* o f c o t to n fr o m th e U n ited S ta tes th e pa st w eek have
t Gents net per 100 lbs.

Mon.

Tuet.

Wednee. Thuri.

181
181
18....
. .. .
...a
351
351
35*
35
25<
25»
251
25*
27>st
27Bi
27**1
27 *sl
27 8j
278,1
27 bit
27*at
401
101
401
40t
331*351 330351 33»35t 33-9351
27<st
27kil
27>sl
27>st
28
280301 28S>30« 28^301
351
351
851
35t
21t
21t
21t
21*
27
27271
27
181

Fri.
18t
....
35i
25?
27>sf
•i7^'
401
331
27V
281
351
2 11
271

48

T H E

2 9 0

L iv e r p o o l .— By ca b le fr o m L iv e rp o o l w e h av e th e fo llo w *
in g sta te m e n t o f th e w e e k ’s sales, s to ck s , & o ., a t th a t p o rt.
Jan. 20.

Jan. 27.

Feb. 3.

Feb. 10

67.000
66,000
53,000
71,000
Sales of the week..........bales.
4,900
9,900
4,000
6,100
Of whioh exporters to ok ...
10,400
2,800
1,000
1,000
Of which speculators took.
61.000
61,000
48,000
63,000
6a es Am erican......................
10.000
9,000
8,000
12,000
Aotua export..........................
95.000
75,000
68,000
77,000
Forwarded...............................
Total stock—Estimated.......... 1.618.000 1,715,000 1,756,000 1,754,000
1.507.000 1,599,000 1,643,000 1,637,000
Of which American—
Estm’d
225.000 181,000 116,000
87,000
Total import of the week
213.000 166,000 106,000
69,000
Of whioh Amerioan----323.000 238,000 243,000 239,000
Amount afloat...................
______________320,000 235,000 209,000 235,000
Of whioh Amerioan
T h e to n e o f th e L iv e rp o o l m a rk et fo r spots a n d fu tu r e s
e a c h d a y o f th e w eek e n d in g Feb. 10 a n d th e d a ily c lo s in g
p r ice s o f sp o t c o t t o n , h av e b een as fo llo w s .
Sat'day. Monday. Tuesday. Wed*day. Thursd'y Friday.

Spot.

Fair
Market, £ Moderate business
doing.

1:45 P. M.j demand.
Mid. Upl'ds.

3^32

S peo. & exp.

7.000
1,000

Futures.
? Market,

)

1:45 P. M.J

Quiet at
1-64 ad­
vance.

Market, l * Quiet.
4 r . m. $

3®sa
10,000
2,000

Fair
business
doing.

Steady.

3%s
10,000
1,000

3%s
12,000
2,000

Quiet at Steady at Quiet at
partially 2-64 (®3-64 1-64 de­
cline.
1-64 dec. advance.
Quiet but
steady.

Firm.

Easy.

Fair
Harden’s. business
doing.

3y]6
14 000
2,000

3U3J
12,000
2,000

Quiet at Steady at
1-64 ad­ partially
1-64 adr.
vance.
Barely
steady

Steady.

T he p rice s o f fu tu re s a t L iv e rp o o l fo r e a ch d a y are g iv e n
b e lo w . P rice s are o n th e basis o f U p la n d s, L o w M id d lin g
cla u se, unless o th e rw ise sta ted .
The prices are given in pence and 64ths. Thus : 2 63 means
2 63-64d.. and 3 01 means 3 l-64d.
Feb. 4 to
Feb. 10.

February...
Feb.-March.
Mch.-April..
April-May..
May-June...
Jnne-July ..
July-Aug ..
Aug.-Sept...
Sept.-Oct. ..
Oot.-Nov....
Nov.-Dec ...
Deo.-Jan—

Sat.
12ifl

1

M on,
1:45

4

T a e«,
1:45

4

W ed.
1:45

4

T h n rs.
1:45

4

F r i.
1:45

4

P.M, P.M. p. M. P.M. P.M. P.M. P. M. P.M. P.M. P.M. P.M. P.M.

d.
d. d.
d.
d. d. d.
3 13 3 13 3 13 3 13 3 16 3 17 3 16
3 13 3 13 3 13 3 13 3 16 3 17 3 16
3 14 3 14 3 13 3 14 3 17 3 18 3 17
3 15 3 15 3 14 3 15 3 18 3 19 3 17
3 16 3 16 3 15 3 16 3 18 3 19 3 18
3 16 3 16 3 16 3 16 3 19 3 20 3 19
3 17 3 17 3 17 3 18 3 20 3 21 3 20
3 17 3 17 3 17 3 17 3 20 3 21 3 20
3 17 3 17 3 17 3 17 3 20 3 21 3 20
3 17 3 17 3 17 3 17 3 20 3 21 3 20
3 17 3 17 3 17 3 18 3 20 3 21 3 20
3 17 3 17 3 17 3 18 3 20 3 21 3 20

d.
3 16
3 16
3 16
3 17
3 18
3 18
3 19
3 19
3 19
3 19
3 19
3 19

[V ol. L X Y in .

C H R O N I C L E .

d.
d. d. d.
3 17 3 17 318 3 19
3 17 3 17 3 1H 3 19
3 17 3 17 3 18 3 19
3 18 3 18 3 19 3 1 9
3 19 3 19 3 20 3 20
3 20 3 20 3 *0 3 21
3 20 3 20 3 21 3 21
3 20 3 21 3 21 3 21
3 20 3 20 3 20 3 21
3 20 3 20 3 21 3 21
3 20 3 20 3 21 3 21
3 20 3 20 3 21 3 2 .

DAILY 0 LOSING PRICES OP NO 2 SPRING IN C H IC A G O .

Sat.
Mon. Tutt. Wed.
TKurs. Fri.
72%
717 72%
g
73%
72%
May delivery in elev....... 72%
July delivery in elev...... 70%
70%
70% 71%
72%
71%
In dia n c o r n fu tu re s have b een q u iet and th ere has been a
slig h t w ea k en in g in prices. T h e m o v em en t o f th e cr o p has been
la rge, and w ea th er con d ition s at th e W e s t h av e co n tin u e d
fa v o ra b le fo r a con tin u ed fre e m ov em en t. T h is has p rom p te d
rea liz in g sales b y lo n g s u n d er w h ich prices h av e w eakened.
B nsiness in th e sp ot m a rk e t has been fa ir ly a ctiv e , e x p orte rs
b e in g m ore a ctiv e b u y ers, and this, tog eth er w ith sy m p a th y
w ith the a d va n ce in w h ea t g a ve th e m a rk et a stea d ier ton e
d u rin g th e la tter p a rt o f the w eek.
T o -d a y th e m a rk et
w as stea d ier u n d er lig h t offerin gs. T h e sp ot m a rk e t w a s
firm er. Sales fo r e x p o rt here and at ou tp orts 160,000 bushels.
DAILY CLOSING PRICES OP NO. 2 MIXED CORN IN N E W Y O R K .
Mon. Tuet
Sal
Wed. Thun. Fri.
43% 43%
Oash corn f. 0. b ............... 43%
4338
43%
44%
41^4 41%
May delivery in elev .... 41%
41^3
41*4
41%
4238 42
423s
July delivery in elev...... 425s
42*4
42%
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN C H IC A G O .
Sat.
Mon.
Tues. Wed. Thurs. Fri.
May delivery in e le v ___ 36 \
36%
36%
371s
36%
36%
37ifl
37
July delivery in elev___ 37
37%
37%
37%
38
Sept, delivery in elev___ 37%
37%
37%
O ats fo r fu tu re d e liv e ry at th e W e ste rn m a rk et have been
q u iet a nd n o d ecid ed ch a n ges have o c cu rre d in valu es. E a rly
in th e w eek th ere w a s an easier ton e, in sym p a th y w ith th e
d e c lin e in oth er grain s. S u b seq u en tly, h o w e v e r, the severe
w eath er at th e W e s t, and fo llo w in g th e a dva n ce in w h ea t,
d ev elop ed a stead ier ton e. B nsiness in th e sp ot m a rk et
has been m od era tely a ctiv e a nd p rices have f o llo w e d fu tu res.
T o d a y th e m a rk e t w as q u ie t b u t steady. T h e s p o t m a rk e t
w a s q u iet and u n ch a n ged .
DAILY CLOSING PRICES OF OATS IN N E W Y O R K .
Mon. Tuet.
Sat.
Wed. Thurt. Fri.
34is
34ia
No. 2 mixed In elev........ 34%
34%
34%
34%
34%
36
36
No. 2 white In elev.......... 35%
36%
36%
36%
DAILY CLOSING PRICESi OF NO.. 2 MIXED OATS IN C H IC A G O .
OP NO
Sat.
Mon. Tuet.
Wed. Thun. Fri.
28
May delivery In e lev ___ 277
8
28
283s
28%
28%
26
July delivery In elev...... 26
26
2638 26%
26%
R y e h as been q u iet and prices h av e w eakened . B a rley h a
been d u ll and w ith o u t ch a n ges.
F o llo w in g are th e clo s in g q u ota tion s :
®2 40 Patent, w in ter...... S3 75 ®4 10
Fine........ ................$2 25
Superfine.............
2 40
®2 55 City mills, extras.. 4 40 ®4 65
Extra, No. 2 .......... 2 60
®2 75 Rye flour, superfine 3 15 ®3 65
Extra, No. 1 ........... 270
®300 Buckwheat flour... 1 7 5 ®1 90
Bakers’ extra......... 3 00 ®3 25
Corn meal—
Straights................. 3 25
®345
Western, etc____ 2 05 ®2 15
Patent, Spring____ 4 00 ®4 70
Brandywine .
2 20
[Wheat flour In sacks sells at prioes below those for barrels.]
Wheat—
Hard Duluth, No. 1
N’th’nDnlnth, No. 1
Bed Winter. No. 2..
Hard Man., No. 1 ..
Oats—
Mix’ d, per bsh.
W hite.....................
No. 2 mixed............
No. 2 white.............

GRAIN.

c.
o.
88 ®87%
79%®81%
82 ®83%
80%®82
34%®36
35%®39%
34% 935%
36% 337%

Com, per bnsh o.
c.
Western mixed.......... 42% 345%
No. 2 mixed........ -...4 3
®45%
Western Yellow ............44 ®45 %
B R E A D S T U F F S .
Western White_____ 43%®45%
Rye—
F r id a y , F eb ru a ry 10, 1899.
Western, per hush. ..59 ®65
State and Jersey........60% 365
Business in th e m a rk et fo r w h ea t flou r h as been on ly m o d ­
Barley—W estern............ 55 ®65
era te ly active. D u rin g th e la tter part o f th e w eek , h o w e v e r
F eeding........ .........N o m in a l
re fle ctin g an u p w a rd ten den cy t o p rices fo r th e g ra in , v a lu e J
T h e m o v e m e n t o f b rea d stu ffs t o m a rk e t as in d ic a te d in t h e
s h o w e d a hardening ten den cy, p a rticu la rly fo r th e ch o ice
b ra n d s o f spring patents, aDd d e m a .d im p ro v e d sligh tly. sta tem en ts b elow is prep a red b y us fr o m th e figu res c o l­
T h e lo w grades h av e been p r a c tica lly n eglected , th ere bein g lected b y th e N ew Y o r k P r o d u c e E x ch a n g e . T h e reoeip ts at
lit tle or n o dem and fr o m exporters. R y e flou r has h ad o n ly W estern lake and riv e r p o rts fo r th e w eek en d in g F eb . 4, and
a sm a ll sale, bu y ers h oldin g off. and p rices q u oted have been since Ausr. 1. f o r ea ch o f th e la st th re e y ea rs, h a v e b e e n :
la rg e ly n om in al. B u ck w h ea t flou r has been q u iet and prices Receipts at— Flour.
Oats.
Wheat.
Corn.
ye.
Barley.
have w eakened sligh tly. C orn m eal has been in o n ly lim ited
Bbls.lQQlbs Bush.QOlbs Bush.BQlbs Bu8h.32lbs BushA8lbs Bu.BQ lbs.
d em a n d a nd prices h av e been easier.
Ohicago.......
80,817
509,093 3,320,054 1,598,120
300,160
74,870
S p ecu la tion in w h ea t fo r fu tu re d eliv ery has been m o d e r­ Milwaukee..
64,030
171,600
209,200
194,250
181,050
37,100
a te ly active, and fo r th e w eek prices sh ow a sligh t a dva n ce
370,572
17,778
31,498
o n apprehension o f cro p dam age fr o m th e extrem e cold Minneapolis.
273,000
5,058 1,719,090
543,530
w ea th er exp erien ced in th e W est. T h e v o lu m e o f exp ort
8,583
business tran sacted has been on ly lim ited , shippers rep ortin g Detroit.......
4,825
8,200
85,011
47,183
24,920
6,802
th a t th eir lim its have been too lo w to adm it o f extensive
2,230
185,588
129,288
477,300
290,400
34,500
23,850
154,933
0,300
operations. Saturday prices w eakened s lig h tly u nder liq u i­ St. Louts ....
151,200
24,000
1,200
7,850
9,100
490,800
d a tio n b y outside lon gs. M on day there w as an easier m arket Peoria........
Kansas City.
802,000
43,000
514,000,
ea rly in response to w eaker fo re ig n advices. Subsequently,
h o w e v e r, la rg e clearan ces fr o m th e seaboard and reports o f
Tot.wk.’99.
022,313 173,281
193,883 3,979.175 6,269,770 2,881,240
a b etter e x p o rt in q u iry stim u lated a dem and fr o m shorts Same wk.’98.
749,096 142,241
208.184 2,099,169, 4,272,881 2,689,791
134,835 1,615,886 5,108,029 8,203,071 1,017,869 111,354
t o co v e r co n tra cts, and th e loss
w as m ore
than Same wk.’97.
8ince Aug. 1.
re co v e re d .
D u rin g ea rly ch ange on T u esday prices w ere
1
firm er, reflectin g stron ger fo re ig n advices and m od era te b u y ­ 1898-99........ 8,881,044 196,250,059 324,587,997 90,835,720 28,855.927 7,028,520
L897-98........ 5,918,292 160,855,009 135,459,659 109,045,955 20.444,244 7,614.472
in g , stim ulated b y th e severe w eath er at the W est.
A t the
6,977,458 116.447,888 91,152,06d 102,614,749 28,410,898 5,360,828
clo s e , h o w ev er, th ere w as a rea ction , th e advan ce bein g lost 1896-97........
u nder rea lizin g sales b y longs.
W ed n esd a y and Thursday
l'he reoeip ts o f flour a n d g ra in a t th e s ea b oa rd p o r ts for the
th e m a rk et was firm er, prices fo r th e tw o days sh ow in g an week en ded F eb . 4, 1899, fo llo w :
a dva n ce o f l% @ 2 c . on fa ir ly free bu yin g, la rg ely b y shorts to
Barley.
Rye,
Oats,
Flour,
Waeatt
Corn,
bush.
R eceipts a t—
bbls.
bush.
bush.
bush.
bush.
c o v e r con tra cts, stim u lated b y severe w eather at the W est, New Y ork.................. 150,607 782.400 220.200 370.800
80,550
71,175
w h ich , it is feared, m a y d o dam age to th e n ew crop.
T he B oston...................... 53,601 275,183 539,956 144,968
6S0
13,610
5,300
1,000
24,530
spot m ark et has been firm er in sym p a th y w ith th e advan ce in M ontreal.................. 73,472 i 82,548 681.8)8
12,000 *72,900
Philadelphia...........
69,807
fu tu res.
Business, h ow ev er, has been q u iet, as exp orters B altim ore................ 60,«92
621
60,051
175,199 1,304.327
22,285
9,792
2,900
6,408
24,000
have n o t been frea buyers. T o da y the m arket was easier R ichm ond................ 13,823 624.400 4)5.490
New Orleans*..........
05,195
u n d e r rea lizin g sales b y lon g s and som e sellin g b y th e W est. Charleston................
3,214
20,000
297,075
60,000
41,043
News........
F o r e ig n advices w ere w eaker, and th ey, too, had a w ea k en ­ Newport..................... 39,551
9.1.910 ........
..........................
N orfolk
225
354.000
141,000
4,000
in g influence. The spot m arket was q u iet. Sales fo r exp ort G alveston................................
296.944
122.402
Portland, M e. . . . . . . .
10,041
h ere a nd at ou tports, 64,000 bushels.
25.714 .........................................
89.880
P ensacola...............................
85.000
49.000
M obile......................................
DAILY CLOSING PRICES OP HO. 2 BED WINTER IN N E W Y O R K .
92,004
St.John, N. B ..........
20,566
34,820
52,880
25,051
Sat.
Mon. Tuet. Wed. Thun. Fri.
T otal week........
951,107
97,312
Cash wheat f. o. b ............. S i’ s
81%
81is 83%
83%
83% Week 1898................ 431.192 2,928,392 3,772,818 1,280,702 103,284 239.232
245.671
324,120 1,414,049 3,485.01)
Mar. delivery In elev___ 79%
79%
787 79%
8
80’ s
797a
May delivery in elev___ 763a
76i*
757 76%
8
77i*
76£
Receipts do not include grain passing through New Orleans tor forelg*
July delivery in elev....... 74%
75
74% 75%
76%
73% ports on through bills of lading

F

ll, lead.]

C H R O N IC L E .
2 9 1
-------,------------------" • 1
. , ,
■!
have n o t im p ro v e d , th e d em a n d co n tin u in g d u ll a n d p r ice s
T ota l receip ts a t ports fro m J a a . 1 t o F ed . 4 co m p a re a
irreg u la r. C loa kin gs in a ctiv e . D ress good s in b etter req u est
fo llo w s fo r fo u r years:
1806.
1898.
1807.
and staple w orsted va rieties firm er. F la n n els d u ll but blan ­
1809.
Receipts o /~
1,131.139
1,555,923 kets sellin g f o r n e w season a t g en era lly 5 to 10 per cen t u n d e r
1,809.181
F lo o r .......... .
0,911,051
1.041,132
1.430.873 a y ea r a g o
...bu*fcu 18,728.182
18,402,710
19,887.092
0.i)68,45l
.. M lS.Otfi.fol
11,407.505
4,709.680
3,581.130
Domestic C otton G oods .— T h e e s c o r t s o f c o t t o n good s
.. «
«. 122.090
eeo.767
522.50- fr o m this port fo r th e w eek en d in g F e b r a a r y 6 w ere 1,540
910.4V5
.. “
735,114
561,001
5*>,370
1,64»,276
1.301.141
R y e ...* ,... ....... . **
packages, va lu ed at 179,965, th eir d estin a tion b e in g to th e
40(e80.0C9
20.384,346
14,662,632 poin ts specified in th e tables b e lo w :
*
* 12,075481
Total grain.. ..
T a e e x p o rts fr o m th e severa l sea b oard p orts fo r th e w eek
1899.
1898.
en din g F eb . 4, 1899. are s h o w n in th e a n n e x e d s ta te m e n t;
ebruary

BGrpL-rr* frvm - hush.
526,02*)
#81.331
Portland. H e, 290.914
Philadelphia.. i70.n2*
Baltimore... ., atii.ooo
New Or lea a*,. 534.431
N orfolk..........
Newo’rt Hews 41,043
GelTeston — 4l8.5kiO
Charleston.... 20,000
8t. John. N. B. 92.004
PetL«8AC*3lft_
_
W.880
M obile............ 85,000

Com
bU
JIA.
6242*31
4*3.891
459.W81
870,530
678.760
90.960
297.076
rJi.iO9
30,000
34.420
25.714
40.OCO

.353
T otal week..3,072^27
8*me time *98.1,543,61 1 4 103.548

T H E

Flour.
bbls.
106.930
30.212
10.041
66,«83
106,947
0.475
225
38,551
370
3.214
20,566
______

Rye,
<MU.
bush.
biiah.
77.150 217.207
78,541
122,402
.. ..
25.714
49.0OO
19^561
43.467
240
50,00*3
6.6 dO
52,8^)

...........
394,013 *70.000
ZU1.6Z* 1650 025

p< u.
bush.
6.017

Barley
bush.
65.953
........ .

9,118
........
........

32.541
........
........

113,000

........ 1.070,000

46,676
64*337

...........
65,956
169.083

7 0 ^ 7 7 .4 0 0
O -l.O tfT /W V

3 ,* $ 0 .3 6 3 7 5 .0 4 8 .1 0 8
4 ,1 0 3 ,5 4 8 7 8 .1 0 0 .7 1 4

Com
SbT.OOO

flk*bwth.
K1,000

25.000
143,000

27.000

1378,000

4410IV
??.QoO

Hurley
bUtk.
532V 0
0C
fr’i.UOO
30,000
Wh.O* 0
742,000

........

H O
J.O O

758.000
t.823,000

4.000
137.000
940.00V

761.000

62,000

3,000

........

336,000

*23.000

<oco

12.000

71,000

181*000

8.000

S0.00O
3,000

*7.000
268.000
7.000
101.000
113,000
117,0*)0
35,000
14,000
» 3,000
2.16B,000

2*,6bo

K 4.000

0 « v « g o * .» ........
6t Loai*-.........
Do
afloat
0*n<oiitaati........

12*,000
t ,009.000

......
94,000
T o ro n to..........
M ontreal,......
P'aiiadelphla--.. .. . . .
7*3.000
Peoria ........... .......
0.OCO
(ndianapoila....
W5.000
Kan*** C ity.. . . ......
dal'itovre...... ..
MmoeapolU ............ 6.7MJ.00O

m i» d
21.000
i.iwa .900
772,000
211.000
158.000
2.26^000
2.541.000

2S8.C00
Iwd.wv

4,00«
lSO O
LO O
3,000
LOOO
30,000
1*8.000
flt.OOC

87.000
3«0,0<C

1,206

7,0 <8.000
7,015,000
16.766.000
1M i l . 000
0.51*3.000

1.587.000
1.4 *1,000
3.5^,000
» -6-4,000
1.561,000

22,080
100

1 .5 4 0 |
Total.
1.206
22,180
45,790
’ From New kukianu mill point* direot.
T h e va lu e o f the N e w Y ork ex p orts fo r th e y e a r to d a te
has been §1,603,257 in 1899. again st §829,985 in 1898.
T h e lea din g uyikes o f b lea ch ed co tto n s a d va n ced e a rly in
th e w eek IgC. to !£ o. per y a rd , a nd in lo w q u a lities p rices are
gen era lly >jc . u tgaer aLso. The dem and has n ot been ch e ck e d
to any ex te n t a n d fu rth er a d v a n ces a re lo o k e d fo r. W id e
sheetin g s are v ery firm b u t q u iet. S ta n d a rd a n d 3-yard
sheetings and d rills sca rce and ten d in g u p w a r d s ; 4 -v a rd
sheetings g en era lly a dvan ced 1 ,.c.
L ig h t -w e ig h t coa rse
and fine ya rn
good s
stron g
a nd te n d in g
u p w a rd s
C otton flannels q u iet.
C otton
blankets
in fa ir
de­
m a n d at op en in g prices. D enim s are w ell h eld in fa c e o f
m od erate ba yin g. T ic k s are q u iet b a t stea d y, and oth er
coarse colored c o lt m s in avera ge reqn ast at p re v io u s prices.
K id-finish ed ca m b rics v e ry firm . F a n cy p rin ts and m ore
staple varieties in b etter d em a n d ; ton e s tro n g and advan ces
o f L 'c. per yard rep orted in sh irtin g, b la ck a nd w h ite a n d
g re y prin ts; also in n a rrow and w ide percales. S ta p le
g in gh a m s stron g w ith fair sales and dress siyles fir m .; P r in t
clo th s firm bat n o ch a n g e d for regu lars at 2 1 j c . , w id e odd s
gen era lly Jjje. h igh er.
F oreion D r y G oods .— T h e m a rk et con t inues d u ll in dress
fa b rics in w oolen and c o t to n varieties. S ilks in fa ir requ est
a t very firm prices. R ib b o n s and laces stea d y. L in en s firm .

75.0C*
8
o

88,21.8.000
87.13-’,0)0
3-»,5*>5(000
21.332.000
12.174,000

45,790

I m p o r t a t io n * a n d W a r e h o u s e W i t h d r a w a l * o f D r y G o o d i
T h e im p ortation s a n d w arehou se w ith d r a w a ls o f d ry g o o d s
80,00*7 at this p o r t fo r th e w eek en d in g Feb. 9, 1899, and s in ce
J a n a a ry 1, 1899, and f o r th e corresp on d in g periods o f last
yea r are as fo llo w s :

3.21 UK 0
3.if36.00«»
c
:
«

4. W99J»4»84,0W'
88, i.-wtf X*,-S*,WQ
*,
ivXmt.QOu
«, l«!*7 47,886,000
% 18&6.0d,Uw.000

Total_____ ____________
China, via Vancouver'_
_

j85
41
178
564
144

539
77
6,642
2,759
1,400
2,532
1,221
311
582
5.438
679

31,000
O.OOo

On Lake**,...................................
eacai and rlrer. ..
...........
T otal Ftb.
Totai Jan
TotaJ pefe.
Total r»b.
Total gffb

1,540

Central Amerloa..
South Am erloa...
Other Conn trie*..

Mexico............... .

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

.. . . .

26
715
199
85
412
G

34
32
13
15
......

2

West Indies..........

25.051
.......
............
347,533
444 377

ir « s . Since Jan. 1

314
89
26,154
681
4,869
1,368
3,227
713
891
6,956
538

A f r i c a ............. .

T h e v isib le su p p ly o f g ra in , o o m p n s m g th e atooks In
gran ary a t th e p rin cip a l poin ts o f a ccu m u la tio n a t lake and
seaboard p orts, Feb. 4, 1899, w a s a s fo llo w s :
1004.000
81A.000
00,000
U6.&30
309,000
M,Ttf8.t»0
2.525.000

95

Other European..

........

T jUU
................
T o t a l 1 8 8 8 . ...............

srkrat
busk.

W eek. S in ce J a n . 1.

Great Britain......

........

-------- Wheal.— — . -----------Corn.--------- Week
Since Sept. Week
Since Sevt,
M l.
1, 1B9&
Feb. 4.
1,1888
bush.
bush,
bush.
bush.
X j m .m 42.026,040 1,HU.073 S5.lOtf.727
1,* 70/71 83,691,007 1.901,173 98.3U.3S3
^T3
193.8V0
3,485
Stf,U46
..................... _.........
*0.028
380.«43
............
.. .
....
170.1*0
466.1S0
11,984
017,060

j[n store at—
New
Do
ahoat
AJbajur.-..........
B o d a io ............
Do
afloat
Chicago... ......
Do
afloat
M U w aokae.....
Do
afloat
Dai n t h ............
Do
afloat
Toledo
Do
*Coat
Detroit. - .........

F e b . 6.

India....................
Arabia.................

-----------flour.----------*
Sterports fo r
Week Since Sept.
week and since Feb. 4.
I , DWS,
Sept. 1 to—
bbie.
bblt.
U nit*! Kingdom 360*77 5,634.341
C ontm eu t.......... & ,«$*
lJBifi.Ul
g. * C. Am erica.
81.630
«V0,88J
W w l Indies.......
30,4^5
583.813
Br.N. Am.Colo'a
l& O
U9.«10
Other cou ntries1,*0*
203,900
‘ M C 2 .4 C 7
3 .7 * 2 .7 1 8

to

C h in a ........................

T he destination o f these exp orts fo r th e w eek and s in c e
S eptem ber 1, 1898, is as b elow .

3 9 4 .0 1 3
JW1, 0 2 0

New Y obk

g
S

3 ,3 ft.«0
2,562.0 0

ck* o f Jan. 2 9; this week’* stocks n ot receiv ed .

T H E
D R Y
G O O D S
T R A D E ,
N e w Y o k e . F r i d a y , F . M .. F eb ra a ry 10, 1899,
T h e coa rse o f th e c o t to n good s d iv is io n o f the m arket is
still g ra d u a lly u pw ards, and d u rin g the w eek fa r th e r a d ­
vances have been rep orted in d ifferen t dep srtm en ts. T h e
dem and is exp an din g, and buyers are realizing m ore clea rly
each weak the d ifficu lty o f se cu rin g ready supplies. The
over-so ld co n d itio n o f tb e m arket Is su ch a* to m ake any accn m u la tion o f sto ck s im p rob a b le f o r a con sid era b le tim e to
co m e , even if the dem and w ere to p rov e q u iet. M ean w h ile,
as in dication s a re a ll in fa v o r o f con tin u ed b u y in g on
as free a scale as th e p reva ilin g co n d ition s a t firs t­
h an d
w ill
a d m it
o f,
a
h igh er
g ea era l
ran ge o f
prices is u n ifo r m ly look ed for. J o b b in g trade resu lts are
fa v o ra b ly rep orted u pon; jo b b e r s ' p r ice s ,w ith the re d a ctio n o f
such o f their stock* as w ere b ou g h t ea rlv in the season on a lo w
basis are stea d ily ten din g upw ards fo r b o th staple and fa n cy
co tto n s. T h e a iln itio n U th u s s o lid ify in g th rou g h ou t. In
th e w oolen go o d s d iv isio n th e dem and is im p ro v in g , a n d
th ere is a m ore h o p e fu l ton e n oticea b le in m o s t q u a rters
Silk fab rics, in sym p a th y w ith ra w m aterial, are stron g and
a d va n cin g. C ollection s g o o d .
W o o l e n - G o o d s , — A. con siderable n u m ber o f n e w lin e s o f
m en 's w ear h ea v y-w eig h t w oolen s and w orsted s h ave been
opened d a rin g the w eek , ch iefly in m ed iu m and lo w gra d e
fan cies and in staple varieties. Tuese op en in g*, b y the u n i­
fo r m ity o f d e clin e c o m p a r e ! w ith last y e i r (10 to 15 per
ce n t), sh ow th at the m arket Is rea lly on a som ew h a t h igh er
level than th e ea rly prices
m ade on som e lea d in g
m akes, a n ! to that ex te n t have exercised a reassurin g
in flu ence upon buyers. T he dem and fo r h eav y -w eig u t trou s­
erings a n d s a ilin g s has th e refore been on a m ore lib era l scale
gen era lly, and business nearer a n orm s! v olu m e fo r the tim e
o f year. In ; th e o v e rco a tin g s d iv ision , h o w e v e r, con d ition s

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rV0L. LXYIII,

C H R O N I C L E

C i ty U f f A n T M ^ T

088 82, and m ilita ry fu n d w a rra n ts N os. 2506 to 2540, in < elu sive, a m ou n tin g to $2,776 97.

Bond

T E R M 3 OF S U B S C R IP T IO N .

P r o p o s a ls and

N e g o t i a t i o n s this

T h e I n v e s t o r s ’ S u p p l e m e n t w ill b e fu rn is h e d without week have been as follows :
extra charge to e v e ry a n n u a l s u b s crib e r o f th e C o m m e r c ia l
A k r o n , O h io .— Proposed Bond Sale .— T h is c it y w ill sell
and F in a n c ia l C h r o n ic l e .
a b ou t M arch 18, 1899, $49,600 bonds.
The S t a t e a n d C it y S u p p l e m e n t w ill a lso be fu rn is h e d
A lb a n y , N. Y.— Bond Sale . - O n F eb . 8, 1899, th e $100,000
toithaut extra charge t o e v e ry s u b s crib e r o f th e C h r o n ic l e .
A% i w a ter bonds and $30,000
free p u b lic bath bon d s
The St r e e t R a i l w a y S u p p le m e n t w ill lik ew ise be f u r ­ w ere aw arded as fo llo w s : W a te r b on d s—$20,000, du e M ay
n ish ed without extra charge to e v e ry s u b s crib e r o f th e 1, 1900, to M ay 1, 1903, t o N a tio n a l S avin gs Bank, A lb a n y , at
Ch r o n ic l e .
101 17 ; $20,0(| du e M a y 1, 1904, t o M a y 1, 1907, to A lb a n y
0,
The Q u o tatio n S u p p l e m e n t , issu ed m o n th ly , w ill a lso be C ity S avin gs In stitu tion at 102-76 ; $20,000, due M ay 1, 1908,
fa m is h e d without extra charge to e v e ry s u b s crib e r o f th e to M ay 1. 1911, to E. J. G a llien , A lb a n y , at 104 31 ; $20,000,
CHRONICLE.
due M ay 1, 1912, to M a y 1, 1915, to A lb a n y S avin gs B ank at
TERM S fo r th e C h r o n ic l e w ith th e fo u r S u p p lem en ts 105-53; $20,000, due M ay 1, 1916, t o M ay 1, 1919, to A lb a n y
a b o v e n am ed are T en D olla rs per year w ith in th e U n ite d Savings Bank at 10669. T h e bath b on d s w ere a ■a rded as
S ta tes and T w e lv e D ollars in E u rope, w h ich in b oth ca ses fo llo w s : $15,000, d u e F e b . 1, 1900, to F eb . 1, 19' 4. to N a ­
in c lu d e s o o s ta g e .
___________
tion a l Savings Bank, A lb a n y , at 101-38, and th e $15 000 du e
F eb . 1, 1905, to Feb. 1, 1909, to E. J. G a llie n , A lb a n y , at
T e r m s o f A d v e r tis in g — ( P e r In c h S p a c e .)
103-32. The fo llo w in g h ou ses w ere rep resen ted : Joseph E.
Transient matter (each time>*4 20 |Three Months (13 times). .$29 00 G a vin , B u ffa lo ; J ose, P a rk er & C o ., B oston ; F ir s t N ational
st a n d in g b u sin e ss c a r d s .
Six Months
(26 times).. 50 00
Two Mouths (8 times)........$22 00 |Twelve Months (52 times).. 87 00 B ank, C olu m b u s ; R in es & C u m m in gs, B oston ; E H G a y &
Uo., B oston ; T he L a m p re ch t B ros. C o ., C levelan d ; D enison,
A u s tin , T e x a s .— Damage Suit Against City.— T he r e ce iv e r P r io r & C o., Boston ; B ertron & S torrs, N e w Y o r k ; J H.
B en n in gton , N ew Y o r k ; R L . Dav & C o ., N e w Y o rk ; S treet,
o f the C ity W a ter C om pany (k n ow n as th e o ld W a te r C om
pany in con tra distin ction to th e c it y ’s n ew plan t) has filed W y k ea & C o.. N ew Y o r k ; Isa a c W . S h errill. P ou gh k eep sie ;
W . J. H ayes & Sons, C levela n d ; N . W . H arris & C o ,, N e w
suit in th e U nited States C ircu it C ou rt fo r th e W e s te rn D is
tr ic t o f T exas to re cov er fr o m the c it y o f A u stin th e su m o f Y o r k ; E J. G a llien , A lb a n y ; A . P . Stevens, N a tio n a l S a v­
$550,000 dam ages. T h e p etitiou alleges th a t in 1882 the c o m ­ in gs B ank, A lb a n y ; W . S. H a ck ett, A lb a n y C ity S avin gs
pany en tered m to a co n tra ct w ith the city to su p ply a ll the Bank, A lb a n y ; John E. C apron , H om e S a vin gs B ank A l ­
bany ; G eorge B irch ell, A lb a n y ; J oh n W . W a lk e r, A lb a n y
w a te r fdr th e use o f the c it y ; th a t in ord er to ca rry o u t the
con tra ct th e co m p a n y issued $350,000 bonds f o r the e n la r g e ­ C ity Savings B ank, A lb a n y ; T h eo. T o w n sen d , A lb a n y S a v­
m ent o f its w ork s, w h ich bonds are n o w ou tsta n d in g ; th at in gs Bank. F o r d e s crip tio n o f bonds see C h r o n ic l e Jan.
in 1895, in vio la tion o f its co n tra ct, th e c ity com p le te d a 28, 1899, p. 196.
A lle n C ou n ty , K y .— Bonds Proposed .— W e are advised th at
w a te r w o rk s system o f its o w n in d ire ct com p etition w ith
th is co u n ty desires to re fu n d its b on d ed in deb ted n ess, w h ich
th e w ater com p a n y , the com p a n y th ereb y b ein g dam aged in
on Jan. 1, 1899, a m ou nted to $179,600.
th e sum o f $'50,000,
A lt a m o n t ( T o w n ) , N. Y .— Bonds Authorized .— This to w n
S o u th C a r o lin a .— Vnfavorable Report on Interest Reduc­
t io n — The b ill re ce n tly in trod u ced in th e H ouse o f the State has h ad a u th ority fr o m th e B oa rd o f S u p ervisors t o issue
A sse m b ly t o re d u ce the lega l rate o f in terest to 6$ w as u n ­ b on d s t o th e a m ou n t o f $5,000.
A n d e rs o n , S. C .—Bond Issue .— T h is p la ce w ill issue $8,000
fa v o ra b ly reported b y th e com m ittee to w h ich it w as re­
city -h a ll b on d s on M a rch 1, 1899.
ferred.
A p p le to n , W is .— Bond Sale .— On F e b . 1,1899, th e $50,000
W a s h in g t o n .— Reduction in Rate o f Interest on State War­
p u b lic-b u ild in g and s treet-im p rov em en t bonds w ere
rants.— The H ouse o f th e State L eg isla tu re has passed a b ill
aw a rd ed to th e F irst N a tion a l B ank o f A p p le to n a t 101-002.
re d u cin g the rate o f in terest on State w arran ts fr o m 8# to 6$.
W a s h in g t o n —( ir e e n s fo r k , W a y n e C ou n ty , I n d .—B ill F o llo w in g are th e b ids :
Authorizing Change in Name.— T h e State L egislature h as First National Bank,Appleton. *50,501 Com’cial Nat. Bank. A ppleton. 60,125
W. J. Hayes
j
Bank,
passed a b ill ch a n g in g th e nam e o f W a sh in g ton , W a y n e Merch’ ts L ’n& Sons, Cleve — *50,*35 |First Nat.Prior &Kaukauna__ *50,101
& Tr.Co..Chicago. 60,276 Denison,
Co., C leve__ 50,070
C ou n ty, t o Gfreensfork.
Citizens’ Nat. Bank, A ppleton. *50,220 . De Van < Co., New York........ *60,C05
&
First
*5',000
W ilb a r g e r C ou n ty, T e x a s .— Bonds Illegal.— The fo llo w in g Seasongood & Mayer. Cincin... *50,145 I New Kean,Na«. B ’k. Columbus *60,000
S. A.
Chicago (less !-£%)..
* Did not comply with requirem ents o f advertisement.
dispatch fro m D allas, T exas, dated F eb . 4, appeared in a
n u m ber o f th e papers :
P rin cip a l w ill m a tu re $2,500 y e a rly on A p r il 1 fr o m 1900
United States District Judge Meek to-day set a precedent in Texas in the to 1919, in clu siv e.
F o r fu rth e r d escrip tion o f b on d s see
matter o f county bonds when issued in such quantities as to cause the legal
objection of “ excessive issue.” in the case o f the Bast End Savinas Bank C h r o n ic l e Jan. 14, 1899, p. 95.
Company o f Boston against vvilbarger County to determine the validity o f
A r k a n s a s .— Bonds Proposed .— A b ill re ce n tly in tro d u ce d
$42,o00 Pease River Bridge bonds issued in 1833, the Court ruled that approx­
imately two thirds o f the is*ue was legal and the remainder excessive and in th e State L eg isla tu re a uthorizes th e State D eb t B o a rd to
illegal. Unless Juuge Meek’s decision is reversed the purchasers o f the bonds fu n d the b on d ed in debtedness o f th e State.
will have to suffer loss. Over *100,000 o f other W ilbarger County bonds are
A u b u r n , A l a — Bonds Proposed.- In ord er th a t th is p la ce
affected by the Meek decision. Many other Texas counties, it is said, have
outstanding bonds o f similar doubtful validity.
may- be a u th orized to issue $3,010 s ch o o l bond s, a b ill h as been
in tro d u ce d in th e H ou se o f th e S tate A ssem b ly .
B a r t o w , G a .— Bond Sale .— O n F e b . 1. 1899, th e $1,600 6;i
B o n d C alls and R edem p tion s.
sch ool bonds w ere a w a rd ed t o th e N o e l Y o u n g Bond & S to ck
C o., St. L ou is, M o ., a t 103-25. F o llo w in g are th e b id s :
B a y C ity , M ich .— Bond Call.— C ity T reasu rer G eo. F I F. M. Stafford & Co.,Chattanooga 101*36
A m b ro se has ca lled fo r p a y m eu t on F e b ru a ry 16, 1899, $10,- Noel-Young Bond & Stock Co.,
St. Louis....................
. l n3'25 S. A. Kean, Chicago...................... 10175
000 w ater w ork s bon d s. This en tire a m ou n t w ill he retired B’k ot Louisville, Louisville, Ga. 102*25 |De Van & Co., mew o rk ........... .100’75
b y m on ey in th e treasu ry fo r th a t purpose.
P rin cip a l w ill m a tu re Jan. 1, 1919. F o r fu r th e r d escrip
C h ica g o ( I I I .) W est P a r k D is t r ic t .— Bonds to be R e­ tion of b on d s see C hronicle Jan. 14, 1899, p 95.
deemed.— T h e W e st P ark B oa rd has v o te d to redeem $130 000
B e l l e v i l l e (T o w n s h ip ), N. J. — No Bonds to be Issued.— I t
b on d s o f the 1891 issue a nd th e rem a in in g $27,500 o f the has been rep orted th a t an issue o f road-im provc-m ent bonds
1879 issue.
w as u n der con sideration . W e lea rn fr o m the C tiairm an o f
L a c le d e C o u n ty ( P . 0 . L e b a n o n ), M o.— Bond Call — T h is the T ow n sh ip C om m ittee th a t th ere is n o lik e lih o o d o f the
co u n ty ca lle d fo r p a ym en t at th e T h ird N a tion a l B ank, St. issuance o f any bonds at present.
L ou is, on Febru ary 1, 1899 (a fter w h ich date all in terest
B e n t C ou n ty , C'>1.— Bond Sale .— On F eb . 6. 1899, th e $33,ceased), fu n d in g bonds N os. 61, 62, 63 and 64, issu ed J u n e 8, 000 re fu n d in g bonds w ere a w a rd ed to E H . R o llin s & Sous,
1888, fo r $1,000 each.
B oston , at 101 fo r 5 per cen ts. B on d s m a tu re 20 years fr o m
L e w is C ou n ty , M o.— Bond Call.— H arry B . Sm ith, C lerk date o f issue, s u b je c t to ca ll a fte r 10 years. F o r fu rth e r d e­
C ou nty C ou rt, has ca lled fo r p a y m en t H ig h la n d T ow n sh ip s crip tion o f b on d s see C hronicle J a n . 21, 1899, p. 145.
b on d s N os. 19, 20, 38, 41 and 42, dated J a n u a ry, 1892. Bonds
B e re a , O h io .—B o n d Sale.— On F e b 6, 1899, the $30,000
w ill be pa id a t the M erch a n ts’ L a cled e N a tion a l Bank, St
w a ter w ork s bonds w ere a w a rd ed to F ed er, H o ’zm an & C o.,
L ou is.
C in cin n a ti, at 104 47 fo r i.% bon d s. F o llo w in g are th e bids :
N e b ra sk a C ity, N eb .— Bond C a ll— T h is c ity ca lled f o r
pa ym en t F e o . 1. 1889. after w h ich date all in terest ceased, at
4% Bonds.
5% Bonds.
Bonds.
Feder, Holzman & Co., Cincinnati..........
*2,745 00
*3.t-45 j.3
12
th e office o f K o u n tz e B r o s ., N e w Y o r k C ity, th e fo llo w in g Seasongood & Mayer, Cincinnati .......... *1.3-11 40
2,668 60
4,098 00
bond s:
° Briggs, T odd & Co., Cincinnati................ 1,310 00
1,140
2.5U5 00
I S O r e m n a tB g b o n d s o f 11,000 each, dated Jan. 1,1888, and numbered from

32 ’ lnclnafvn<l8 " f *1’000 eaoh- dated 3ept- *■1888' and "um bered from 1 to :
22 toJTOm TtcJaltoSuM ?” 4* ° f *1,00° Ca<:l1, dated Sept- 18S8- and number
8 ““ ” 'im TtoC
|ftnc?ualve
,1,0° ° each- dataa Aug. 1.1800, and number)
®° P? S m * « o f j f H I E e ” 4’ C f*6° ° each' dsted Jan- h 188 > and number);
S.
2 0P S 5 f n m 2 K 7 i 2 S a 8i r l ,5O° each- datad
ro8

b

W a s h in g to n .— Warrant Call.— S tate Treasurer
Y o u n g has called fo r paym ent w arrants N os. 2431 to
M ilita ry F u n d . In terest ceased on Jan. 17, 1899.
T he State T reasu rer has also ca lled f o r paym ent
fu n d w arran ts N os. 29,626 to 30,048, a m ou n tin g

a»d nu,

C V
2505 o
generi
to $25

W. J. Hayes & Sons, Cleveland .. .. . . .
Rudolph Kleybolte & Co., Cincinnati...
Denison, Prior & Co., Cleveland.............
Lanprecht Bro?. Co., Cleveland............
Bank o f Berea County.............................
New First National Bank, Colum bus...
People’s National Bank, B arncsvllle...

061 0*0
848 00
678 78
627 00

........

........

3,078 50
1,554 00
1,350 75

1,600 CO

Bonds m a tu re $1,000 each M ay and N ovem b er fr o m M ay
1, 1905, to N o v . 1, 1919. F o r fu rth e r d escrip tion o f bands see
C h r o n i c l e Jan. 7, 1899, p . 47.
B e r k s h ir e C o u n ty ( P . 0 . P it t s f ie ld ) , Mass. -B o n d Offer­
ing.— P rop osa ls w ill be re ce iv e d u n til F eb . 20, U 99, b y
G eorge H . T u ck er, C ou n ty Treasurer, fo r $35,000 At r e fu n d ­
in g bond s. In terest w ill be p a ya b le M a y and N ov em b e r at
the office o f th e C ou n ty T reasu rer, the first p a y m en t o f in ­
terest b ein g on M a y 1, 1899. P rin cip a l w ill m a tu re $10,000

F e b b c a b y 11, to;

9.1

T H E

C H R O N I C L E .

293

on N ot . 1 o f th e years 1899,1902 and 1904, and $3,000 N o v . 1,
1905.
B in g h a m to n . N. Y .— Bond Election .— A n ele ctio n w ill be
h e ld M a rch 2, 1899, to v o te on th e q u estion o f ra isin g $40,000
f o r the e rection o f a b rid g e at T om p k in s Street.
B ir m in g h a m , A la . Bona News — W e are advised th a t th e
A c t recen tly passed by th e State L e g isla tu re a u th orizes th e
city t o issue bonds fo r street im p rovem en ts to th e c o n tr a c t­
ors* d o in g the w o rk , the co n tra cto r to c o lle c t th e p rin cip a l
and 6J in terest on the bon d s fr o m the p a rty on w h ose proparty th e w o rk abuts. T h e bonds, w h en issued, w ill b e in
sm a ll den om in ation s.
Bills Before Legislature.— T h e fo llo w in g lo ca l b ills are n o w
b e in g con sid ered in th e State L eg isla tu re ;

re fu n d oth ers n o w ou tsta n din g and f o r the pu rpose o f c o n ­
stru ctin g sew ers and m a k in g oth er im p rovem en ts.
D od ge C ou n ty , N eb .— Bonds Proposed. —A com m ittee has
been a pp poin ted t o lo o k in to th e m atter o f re fu n d in g $ 200 ,( 00 co u n ty bond s. T h e co m m itte e w ill rep ort at a m eetin g
o f the c o u n ty boa rd to be h eld A p r il 10, 1899.
D oth a n , A la .— Bonds Authorized by Senate .— T h e Senate
has passed a b ill p e r m ittin g this p la ce to issue $15,000 s ch o o l
bonds.
D u b u q u e, l a . — B o n d S ale.— T h e c ity has en tered in to an
agreem ent w ith D enison , P r io r & C o., C levela n d, w h ereby
th at firm purchases $300,000 o f th e c it y ’ s 4 j fu n d in g te n d s a t
106 75. T h ese bonds are issued t o fu n d a lik e a m ou n t o f o u t ­
stan din g w arrants. T h ey w ill b e in den om in a tion o f $1,000,
In terest w ill be p a ya b le sem i-am m aU y
First—“ Greater Birmingham ” bill annexes adjoining suburbs and will in­ dated Aiarch l, 1899.
crease the city 0 population from about 0. 00 to
or 75.0oO.
at th e N a tion a l B ank o f the R e p u b lic, N ew Y o r k C ity. P r in ­
Second— - ew city charter fo r Birmingham conferring additional powers,
T b e sam e firm has also
i btro—Aut» oriles the issuance o f t27u,04.Q 4% bonds In payment o f deterred cip al w ill m a tu re M arch 1,1919.
coupons due July. iwoo.
agreed to take $63 900 44 20-year re fu n d in g bon d s (or so m uch
F -urib—Authorizing the funding o f the entire city debt at fjf.
Fifth—Authorizing the issuance o f $3o,00y 6% mortgage bonds fo r the purpose o f said sum as m a y be req u ired ), at 107. These bonds are
Of ©reeling a new market.
also in den om in ation o f $1,000, dated M a rch 1,1899. T h ey
w ill be issued to refu n d $13,500 du e Jan. 1, 1900, $35,000 d u e
B ra d d o c k , P a .— Bonds Authorized.— The issu a n ce o f $81,Jan. 1 , 1901, and $15,000 d u e Jan, 1 , 1902, w h ic h bonds w ill
500 street im p ro v e m e n t b on d s has been a u th orized b y the
be pu rch ased b y the C levelan d firm at a p rice eq u iv a len t to
B o ro n g h C o u n cil.
a 3 i 0 in terest basis, th e am ou nt a b ove par so req u ired t o be
B r is t o l C o u n ty , M ass .— Bond Sale— O n F eb . 8, 1899, the
deducted fr o m the p rem iu m pa id fo r th e oon ds p u rch a sed
$100,000 i f n otes w ere aw arded to R ogers, N ew m a n & T o lI b y the firm .
m a n , B oston , at 103-87. F o llo w in g are th e b ids :
D nrhain, N. C.— Bonds Authorized by House.— H ouse b ill
Rogers-Newman A Totroan... 103*37
Fall Hirer Slaking F un d...... .1C3*13
N o. 183, a u th orizin g the issu a n ce o f te n d s b y th is tow n , has
Jose. Parker A Co.. B l i o n ... !• 3**2®71 j W . H- I mar. Carr A Ca» Busk..HiS-fcT
been passed b y th a t b od y.
Hines A Fummlngr. Boston. ..1 0 ’ *?® I H. B. Church A Co.. B*.*au«n .. 1* 3T50
Blodget, k lem tt A Co.. BostomU i
I Adams A Co.. Boston
..........103*;
E d w a r d s v ille . A in .— Bonds Authorized by Legislature.—
It. L. D -y A C o - Bost-m........... i03*l®7 Blake Broa. A Co., Bos’ o n ....... U£ v 5
j
T h e State L eg isla tu re has a u th orized th e issuan ce o f $2,500
C. B. Wlfbar A Co. B og u n ...... 106*15 J
bonds.
B onds m a tu re F e b . 7 , 1903. F o r fu rth e r d e s crip tio n see
E llw o o d C ity , L a w re n ce C o n n ty , P m.— B ond Election.—
C h r o n icl e Jan. 28. 1899. p. 197.
A t the election to be held on F e b . 21, 1899, th is c it y w ill
B r o c k t o n , M ass .—Bonds Proposed.— T h is c it y has peti­
1 v ote 00 the qu estion o f issuin g $8 ,00 0 sew er bonds.
tion ed the L eg islatu re fo r perm ission to issue $100,000 b on d s
El P aso, T e x a s .—B o n d Sale .— On F eb . 2, Is 99, the $30,000
f o r perm anen t h ig h w a y im provem en ts.
54 15 30 year (op tion a l) s ch o o l b on d s and $10,000 5? 15-30-year
B u ffa lo , N. I’ . - Bond Sale.— T h e issuance o f a b on d fo r
(option a l) c it y b a ll a n d ja il bon d s w ere a w a rded to W . J.
$10,863 84, b ea rin g 34 in terest and m a tu rin g F eb . 1. 1900. has
H ayes & Sons, C levela n d, a t 108, and th e $11,000 54 10-20been authorized. T h e bond w as taken b y th e P a rk Bond
; year (option a l) w a ter w o rk s com p rom ise bonds to th e sam e
R ed em p tion S in k ing F o n d .
firm at 10 2 . F o r d escrip tion o f bonds see C h r o n ic l e D ec.
C a le ra , A ia .— Bonds Proposed.— T h e Senate is con sid erin g
31, 1898, p . 1368.
a b ill p ro v id in g fo r an issue o f te n d s b y th is place.
Essex C on n ty , N. J .—Bond Offering.— P roposa ls w ill be
C a lif o r n i a .—B on d* Authorized by tenate.- T h e State
.received u ntil 2 p. m F eb. 23. 1899, by the F in a n ce C om m it­
Senate has passed th e b ill p r o v id in g fo r th e issuan ce o f $ 1 ,tee, D. H. Joh n son , C h airm an , f o r $30 ,009 4jf g o ld re fu n d in g
000,000 44 20 y e a r b on d s f o r th e extension o f th e San F ran
w ar bonds. S ecu rities b ea r date A p r il 1, 1699, and m a tu re
c is c o sea w all.
A p r il 1, 1919, In terest w ill be p a ya b le A p r il 1 and Oct. 1.
C am d en , N. J .— Temporary Loan . — T h e S in k in g Fund
A certified ch e ck fo r $3,000 m o s t a ccom p a n y proposals.
C om m ission ers h a v e p u rch a sed t w o c it y n o te s a g g reg a tin g
E v e rg re e n , A i a . - B nds Proposed.— A b ill recen tly in tro$3,300 at the ra te o f 54.
! du ced in th e State Senate a u th orized this p la ce to issue
C h a d ro n , N e b .— Bonds Authorized.— T h e C ity C ou n cil
has a u th o n z e d th e issuan ce o f $34,000 44 re fu n d in g w a ter­ e le ctric-lig h t a n d w a te r-w o rk s bonds,
F a ll R iv e r , M ass .— Temporary Loan . — T h is c it y nas b o rw o rk s b on d s, th e o ld b o n d s n o w b ein g s u b je c t to ca ll.
I row ed $ 100,000 fo r nine m on th s a t 2’ 80*.
C h a m b e rs C o u n ty , A la .— Bonds Authorized by Senate.—
F e lle r m a n (W . V a .) In d e p e n d e n t S c h o o l D is tr ic t, O ru fT h e a u th o rity to issue $30,oQO co a rt-h o u s e bon d s has been i
ton , VV. Va. -Hi nd Offering.- P r o p o s a l s w ill be receiv ed un,
g ra n te d by th e State Senate,
til 12 it. F eb . 18, 1899, b y J. F ran k W ilson , S ecreta ry, for
C h a m p a ig n C o m ity ( P . 0 . U r b a n * ), O h io .— f lo o d Sale.—
$8,000 54 bond s. Secu rities are in d en om in a tion o f $b fi­
On J a n u a ry 30, 1899, th e 83,828 6jS d itch b on d s w e re aw arded
liated D -ce in b e r 1 , 1-98. Interest w ill be p a ya b le a n n u a lly
to the N ational Bank, lim a n s , at 19A079. A bid o f 114 065
w as n ceived fr o m S ea son g ood & M a yer, C in cin n a ti, and one at the F irst N a tion a l B ank, O ra ft on , and th e prin cip a l w ill
o f 102’205 fro m T h e N ew F irst N a tion a l Bank. C oln m b u s. I m a tu re D ec. 1 , 1932, s u b je c t to c a ll a fte r D ee. 1 , 1908.
F la th ea d C ou n ty ( M o n t .) S ch o o l D is t r ic t No. 1 ( P . 0 .
F o r description o f bonds see C h b o s ic l b J a n . 28, 1899, p. 197. i
C o lu m b ia F a lls ).— nond Offering. — P roposals w ill lie re­
C h a r le v o ix , M ich .— Bond Sale.— O n Jan. 18, 1899, the
ceiv ed u ntil 12 m . F eb ru a ry 18, ls99, by F re d . C ooke, D is­
$10,000 4 '.2i e le c tr ic -lig h t pla n t bonds (w h ich w ere voted last
trict Clerk, fo r $1,190 fi< bonds. S ecu rities w ill be in de
O cto b e r) w ere aw a rd ed to R . F, B a b y, D etroit, a t par. i
n om in ation o f $100. P rin cip a l w ill m ature 20 y ea rs fr o m
B on ds are dated N o v . 15. 1898.
date o f issue, s u b je c t to ca ll a fter 10 v- ars. T b e d is trict has
C h e b o y g a n , M lrh .— Bonds Proposed.— C itizen s o f this
no oth e r deb t. Estim ated va lu a tion , $15 000; p op u la tion , 220.
pla ce are con sid e rin g th e issuan ce o f $50,000 im p rov em en t j
F lo r e n ce , A la . — Bonds Proposed. — S treet im p rov em en t
bon d s.
bonds m ay be issued, p r ov id ed th at th e b ill n o w b efore the
C lay C ou n ty . N. C.— Bonds Authorized by House.— T he !
State L eg isla tu re is passed.
b ill a u th o rizin g the issuan ce o f 3,000 b rid g e b on d s has I
F o r e s t C ity , P a .— Bowls Defeated.— W e are a d vised th at
passed the H ouse.
C o ffe e C ou n ty , A la .— Bonds Proposed.— T h e Senate is c o n ­ tb e p rop osition to issue bonds f o r a c ity h all has been d e ­
feated.
sid e rin g a b ill p ro v id in g f o r the issuan ce o f bon d s b y th is I
F o s to rln , O h io .— Bond Offering. -P rop osa ls w ill be received
con n ty.
until 1 p. m F eb, 20. 1899, b y J . M. S ch atzel, C ity C lerk , for
C o lo r a d o .— Interest on Warrants.— T he S tate Senate has
passed a bill p r o v id in g th a t orders a n d w arrants o f cou n ties $14,867 44 c it y b on d s, as fo llo w s ;
a n d cities o f the first class shall bear flj in terest and that
tow n orders and w arran ts shall bear in terest at the ra te o f
8 4 , but also p r o v id in g th a t there sh a ll be a lo w e r rate o f
in terest b y m u tu al agreem ent.
C o lu m b u s (O h io ) S c h o o l D is t r ic t .— Bond O ffe rin g .- P ro­
posals w ill be receiv ed u n til 12 h . F eb. 21, 1899, by J. A .
W illia m s, C lerk B oard o f E d u ca tio n , f o r $65,000 H s ch o o l
bonds
Securities w ill t e in d en om in a tion o f $1,000, dated
M arch 1, 1899; in terest w ill be pa ya b le M arch 1 and Sept. 1
a t the N a tion a l P ark Bank, N ew Y o r k C ity. P rin cip al
w ill m ature M arch 1. 1919, Bonds are issued pursuant to
S ection 3994, T itle 3, C h ap ter 8, R ev ised Statutes o f O hio,
and the proceedin gs o f the B oard o f E dn ca tion o f said D is ­
tr ic t thereunder Jan, 24, 1899. P roposa ls mnat be a cco m
panied by a certified ch eck on a local bank fo r $1,000, payable
to th e Board o f E du cation . T h e official c irc u la r states that
a s trict co m p lia n ce w ith the la w has been observed, in this
issue o f bond s, and th eir le g a lity is b eyon d q u estion ; also
that there has never been a d efa u lt in the p a ym en t o f in ter
eat.
C u m b e rla n d , R, 1.— Loan Authorized,— Town T reasu rer
T a ft has teen a u th orized t o b orrow $115,000 and t o pay
notes and b on d s a m ou n tin g to $ 105.000. a c co rd in g to r e p o r .s
D e ca tu r, A la .—Bonds Proposed.— B ills n ow b e fo r e tbe
State L egislatu re p r o v id e fo r ’ h e is s a a to y o f bonds, to

Total.

Foar fl.Ooo s«mer District N . 1 refunding bond*......................... .
«>
$i,oud
OneItfe
Lliktrlol No. I refunding bond. ... ... .. ......................
I
d
»«©
Throe |l,ililntn«T So. ■ rofandlnst bonds................................. 3,oO
t
O
‘ »»e } 6< Sewer District No. 'i. Sect ton , re nnding bond.... ........... .
*
6 0
One*500 Sewer D *friot So. * re utiding bond. ..
........... ...............
600
Ooe$ O 8ewM«uut Oarhwo
o
romndinsr bond ........
.......
500
• H fH T Mnln .Str»>vf r * m,.'
>e O
*>
ii ml
..............................................
807
Two fly C North Mato Street refunding bond*.....................- • ........... 2,0t0
O
Three *509 Center Street refao<ilnjf bonds............................... ............. 1,6( 0
Three Ifi00 Tlfflo Street refunding bonds............................. .................. 1,600
Total............... .......................... ....................................................... *14,7o7
Secu rities w ill be dated F eb . 2 0 . 1899 ; in terest w ill b e pay­
able M a rch 1 a nd S ep tem ber 1 at the Chase N a tion a l Bank,
N ew Y o r k C ity. P rm oipal w ill m ature M arch 1 , 1919,
Bonds are issued pu rsuan t to T itle 12, C hapter 2, Section
1701, R evised Statutes o f O h io, and a c ity ord in a n ce passed
Jan, 17, 1299, P roposals m u st be a ccom p a n ied b y a certified
ch eck in th e sum o f $500
T h e official c irc u la r states th at
there has n ever been any d efa u lt in pa ym en t o f p rin cip a l or
interest o f a n y o f th e c i 'y ’s bonds.
F ran k I in . P a ,— Bowl Sate, — On F eb . 3, 1899, $5,500 bonds
o f the $25,000 3 % refu n d in g issue w ere aw arded to O. D.
Bleakley. F ran k lin , at 100'451. tb e rem ain in g $19,500 being
taken b y the h olders o f the o ld bonds
T he fo llo w in g bids
w ere received fo r th e en tire issue :
Denison, Prior S Co., C!er©..*25,257 50 |De Vim & Co.. New York...............Par
c
W. J. Hnres A Sons. Clevn... V
o O |N-w First Nat. Bank, Columbus.,.Par
')
Bribes. Todd A Co.. Cincln... V
6.09H 76 8, A, Keiin, Chicago (less 1***;..... Par
Lamprecbt Br-if. Co., Cleve.. 26,0461 7 |

291

T H E

C H R O N I C L E .

B on ds m atu re 20 years fro m date o f issue, s u b je ct to ca ll
a fte r five years. F o r fu rth er descrip tion o f b on d s see C h r o n ­
ic l e Jan. 14, 1899, p. 90.
F r e m o n t, N eb.— Bonds Voted a n d Sold.— On Jan. 31, 1899,
b y a v o te o f 428 to 11, th e citizen s o f th is pla ce v o te d to re­
fu n d its 5 and 0 per cen t bonds w ith a n ew issue o f 4%%
bonds. A t a m eetin g o f th e C ity C ou n cil on F eb . 1. 1199,
the n ew bon d s, a m ou n tin g to $200,000. w ere s old to F a rson
L e a ch & C o., C h ica go, at 100'05 and co s t o f p r e p a iin g th e
bonds. T h e n e w bonds w ill be in den om in ation o f $1,000,
d a te d M a rch 1, 1899.
G e o rg ia n a , A la .— Bonds Authorized by Legislature.— In
o rd e r th at this to w n m a y liq u id a te its in debtedness, a b ill
g ra n tin g the a u th ority w as re ce n tly passed by the State
L egislature.
O lo v e r s v llle , N. T .— Bond Offering.— On F eh . 17, 1899, at
2 p . si.. O. L . E verest. C ity C h am b erla in , w ill o ffe r f o r sale
a t th e C ity H all $10,200
pa vin g and sew er im p rov em en t
bon d s. Secu rities w ill be issued in ten b on d s o f $1,000 each
and tw o b on d s o f $100 each, dated F e b . 1, 1899; in terest w ill
be pa ya b le F eb . 1 at the F o u rth N a tion a l Bank. N e w Y o r k
C ity. P rin cip a l w ill m a tu re as fo llo w s : $2,200 F eb . 1,1900,
a n d $2,000 on F eb . 1, y ea rly, fr o m 1901 to 1904, in clu siv e,

G reen sville, A la.—Ponds' Authorized by Lagislature.—
T h e State L egislatu re has passed a b ill a u th orizin g this pla ce
to issue e le ctric-lig h t bonds.
H a llow ell. M e.— L oa n Not Authorized.— It has b een r e ­
p orted that this c ity had b orrow ed $5,000. U p on inquiry^ w e
learn th at this statem en t is in co rre ct. T h e c it y is co n sid e r­
in g b o rro w in g $2,000 to p a y fo r lan d fo r site o f n ew city b u ild ­
in g, b u t such loan has n ot been le g a lly a u th orized. C ity
Treasurer C. K . T ild en w rite s us th a t the loan tyill u n d o u b t­
ed ly be taken care o f lo c a lly w h en it is a u th orized.

H artford (C on n .) W ashington S ch ool D istrict.— Bonds
Proposed.— T h e issuan ce o f $25,000 b on d s b y th is d is trict is
th e s u b je ct o f a b ill r e c e n tly in tro d u ce d in th e H ou se o f the
G e n e ra l A ssem b ly.
H a v e r h ill, M ass.— Temporary Loan. — T h is c it y has n e g o ­
tiated a loan o f $200,000 w ith a B oston firm .
H u n ts v ille , A la.— P o n d Sale.— On Feb. 7,1899, th e $20,000
5g w a ter-w ork s bonds w ere aw a rd ed to B rig gs, T od d & C o.,
C in cin n a ti, at 112-125. B on ds m a tu re F eb . 1, 1929. F o r fu r ­
th er description o f b on d s see C h r o n ic l e J a n . 14,1899, p. 96.
I n d ia n a .— B ill Lim iting Road Debt.— T h e State Senate has
passed a b ill (N o. 133) lim itin g th e issue o f bonds o r oth er
e v id -n c e o f in debtedness f o r th e co n stru ctio n o f free or
m acadam ized roads. T h e b ill p rovides fo r a lim it fo r such
purposes o f 4% o f the tota l assessed va lu a tion o f the p rop erty
o f the tow n sh ip w h erein su ch roa ds are loca ted and th at all
b on d s issued in v io la tion o f this a ct shall be void .
I r o m v o o d (G o g e b ic C ou n ty , M ic h .,) S c h o o l D is t r ic t .—
Bona Offering.— P roposals w ill b e receiv ed u n til 13 h . F eb.
15, 1899, b y A u b r e y D. G a rn er, D ire cto r, fo r $25,000 4% gold
h igh -sch ool bonds. Secu rities w ill be dated A p r il 1, 1899.
a n d in terest w ill be p a ya b le sem i-ann ually. P rin cip a l w ill
m a tu re A p r il 1, 1905.
J a ck s o n C o u n ty ( P . O. S c o t ts b o r o ), A la .— P o n d Offering.
— P roposals w ill be receiv ed u n til 11 a . m . M a rch 1, 1899, b y
R . S. S k elton, P resid en t R o a d C om m ission, at his office in
S co tts b o ro , fo r $125,000 p u b lic road bonds. S ecu rities w ill
b e in den om in ation o f $500, dated M a rch 1. 1899; interest
w ill b e p a ya b le sem i-ann ually at S cottsb oro, H u n tsville, A la .,
o r N e w Y o r k C ity, at pleasu re o f pu rch aser. P rin cip a l w ill
m a tu re M arch 1, 1929, s u b je c t to ca ll a fter M arch 1, 1919.
B on ds are issued pu rsuan t to an a ct o f the G eneral A ssem b ly
o f A la b a m a , a pp roved D ec. 7,1898. P rop osa ls m u st be ac
co m p a n ie d b y a certified ch e ck fo r $1,000 p ayable to R . S.
Skelton, P re sid e n t R o a d C om m ission . T h e pu rch aser w ill
have the p riv ile g e o f ta k in g th e a d d ition a l sum o f $125,000
in b on d s a u th orized b y said a ct on sa tisfa ctory agreem ent as
t o date o f issuan ce and paym en t. B id d ers w ill nam e in terest
and prem iu m , i f any, at w h ich th ey are w illin g to take the
bonds.
J a c k s o n , M iss .—Bonds Proposed .— T he qu estion oi issu
m g $25,000 sid ew a lk b on d s w ill b e con sid ered at th e nexl
m e etin g o f the C ity C ou n cil.
K ansas C ity ( K a n .) S c h o o l D is t r i c t .—Proposed Bond Elec­
tion—A b ill w ill be presen ted in th e State L eg islatu re grantm g this d istrict th e rig h t to h old special election s to d eter­
m ine th e issue o f bonds. I f th e b ill ca rries, it is stated the
q u estion o f issu in g $300,000 bonds w ill be v oted u pon nex1
sprin g.
L a n s d o w n e ( B o r o u g h ) , P a .— Bond Offering .-P r o p o s a ls
w ill b e receiv ed u ntil to day (F eb . 11, 1899), b y H . L . W a r­
ren, S e creta ry, f o r $15,000 3%% h ig h w a y im p rov em en t bonds
S ecu rities w ere v oted at an ele ctio u h eld Sept. 20, 1898 They
are m den om in a tion o f $500, dated Jan. 1,1899. In terest w ill be
p a ya b le Jan. 1 and J u ly ) , and th e p rin cip a l w ill m ature Jan.
1, 1929, s u b je ct to ca ll $1,000 yea rly. B on ds are free o f all
ta xes to th e h olders th ereof. A certified ch eck fo r 5 6 o f the
<
a m ou n t o f b id m ust a ccom p a n y proposals. T h ese b on d s were
a d vertised fo r sale as 4 per cen ts on Jan. 27, 1899, b u t all
bids rece iv e d at th a t tim e w ere rejected .
L a u r e l (M is s .) S c h o o l D i s t r i c t . - R o n d Sale . - O n F eb . 1
1899. th e $5,000 H s c h o o l bonds w ere a w a rd ed to the N oelY o u n g B on d & S tock C o., St. L o u is , M o ., at 102-60, P r in ci­
pal w ill m a tu re $1,000 y ea rly on F eb. 1 fr o m 1904 to 1908 ine lu s iv e . F o r fu rth e r d e scrip tio n o f b on d s see C hroni’clh
U ec. 24, 1898, p. 1828.
L a w r e n c e b u r g , l n d .— Bond S a le.— T h is c it y has sold to
b e a s o n g o o d & M ayer, C in cin n a ti, $40,000 4 %% 15 year refu n d ­

[V ol . LXVIII.

in g bonds. These b on d s are issued to ta k e u p 5% bon d s
m a tu rin g in 1905, b u t n o w s u b je ct to ca ll.
L e b a n o n , P a .— Bonds Proposed.— This p la ce is co n sid e rin g
th e issuan ce o f re fu n d in g bonds. W e are a d vised th a t th e
ord in a n ce fo r this pu rpose has n o t yet passed th e C ity C ou n cil.
L e x in g t o n , N. C.— Bonds Authorized by Legislature.— T h e
H ouse has passed the b ill a u th orizin g th e issu a n ce o f bonds
b y this tow n . A n o th e r b ill w h ich has passed the L e g is la ­
tu re p rov id es fo r $30,000 bonds.
L im e s to n e C ou n ty, A la .— Bonds Proposed.— A n ele ctio n
w ill be h eld in th is co u n ty to p r ov id e f o r the issuan ce o f n ot
m ore than $100,090 pike bon d s, p r o v id e d th e b ill re ce n tly
in trod u ced in th e H ouse o f the State L eg isla tu re b e co m e s a
law .
L y o n s T o w n s h ip (111.) S c h o o l D is t r ic t .— Bored Sale.— W e
are advised th at th e $35,000 h ig h -s ch o o l bonds r e ce n tly v o te d
have been sold,
M cC om b C ity , M iss.— Details o f Bond Offering.— F a r th e r
details are at hand relative to th e $5,000 a d d ition a l w a te r­
w orks bonds fo r w h ich w e stated last w eek proposa ls w o u ld
be receiv ed u n til 7 p . m . F eb . 15, 1899. S ecu rities w ill bear
6%in terest and w ill m ature 20 years fr o m date o f issue, s u b ­
je c t to ca ll a fter five years. T h is a m ou n t is a d d ition a l to
$35,000 bonds w h ich w ere issued f o r th e sam e p u rp ose in
N ov em b er last.
H a rt.in sb u rg , W . V a.— Bonds Authorized by House.— T h e
H ouse o f th e State A ssem b ly has a u th orized th e issu a n ce o f
b on d s to refu n d others n o w ou tsta n din g. A b ill is also
b ein g con sid ered tojjp rov id e fo r the issu in g o f im p rov em e n t
bonds.
M e d fo rd , M ass.— Bonds Authorized. — T h e C ity T reasu rer
has been a u th orized to n egotia te th e sale o f $82,000 20-year
p u b lic-b u ild in g b on d s and t o b o r r o w $18,000, g iv in g c it y
n otes th erefor.
M in n e a p o lis , M in n .— B ill to Legalize Election.— T he State
L eg isla tu re has passed the b ill d ecla rin g le g a l th e $80,000
b rid g e bon d s, w h ich receiv ed a m a jo r ity o f v otes at th e N o v ­
em b er election but la ck ed th e n ecessa ry tw o -th ird s.
M in n e s o ta .— Village Bonds Authorized by itate Senate . —
T h e State Senate has passed a b ill a u th orizin g v illa g e s in
th is State to issue b on d s to take u p ju d g m en ts.
M o n tg o m e ry , A la .— Bonds Authorized by Senate.— S ch o o l­
b u ild in g bonds w ere recen tly a u th orized b y th e State Senate.
M o u u t Y e r n o n , N. Y .— Bond Offering.— P rop osa ls w ill be
receiv ed u n til 8 p . m . F eb . 21, 1899, f o r $35,000 5% assessm ent
bonds. Securities are in den om in a tion o f $1,000, da ted
M a rch 1,1899. In terest w ill be p a ya b le sem i-a n n u a lly a t th e
office o f th e C ity T reasu rer. P rin cip a l w ill m a tu re M a rch 1,
1905. A certified c h e ck fo r $1,000, p a ya b le to the c it y o f M o u n t
V ern on , m u st a ccom p a n y p roposa ls.
N assau C ou n ty, N. Y .— Bond Sale Postponed.— H e n ry M .
W . E astm an, C ou n ty Treasurer, advises us th a t th e B oa rd o f
S u pervisors has in d efin itely p ostpon ed th e sale o f th e $150,000
co u n ty bonds. T h e date orig in a lly d e term in ed u p on w a s
F e b 9, 1899.
N e ls o n v ille , O h io .— Bond S a le — On F e b . 4 ,1899, th e $7,000
% cou p on bon d s w ere a w a rd ed to S ea son g ood & M a y e r, C in ­
cin nati, at 109' 107. F o llo w in g are th e b ids :
Seasongood & Mayer, Cincin. *7,637 50 I New 1st Nat. B ’k, Columbus.. *7,688 50
Briggs, Todd & Co.. C incin... *7,702 50 I Denison. Prior & Co., Cleve . 7,6*1 00
Feder, Holzman & Co.,cincin. 7,630 ■0 |S. A. Kean & Co., C hicago.... *7.668 75
W . J. Hayes & Sons, C leve... 7,607 0 } Lamprecht Bros Co., O ieve.. 7,616 60
—I De Van & Co., New Y ork ........ 7,072 00
* Bids conditional

B onds m a tu re $850 ea ch six m on th s fr o m A u g u s t 1, 1899.
F o r d escription o f bonds see C h r o n ic l e Jan. 21,1899, p. 147.
N ew a rk , D e l .— Bonds Proposed .— A b ill to a u th orize th e
C o u n cil to refu n d $2,000 s ch o o l b on d s has b een in tro d u ce d
in th e H ou se o f th e State L eg isla tu re.
N ew B e d fo r d , M ass .— Temporary Loan .— T h e c it y has n e­
gotia ted a fou r-m on th s’ loan o f $300,000 w ith R o g e rs , N e w ­
m an & T olm a n , B oston.
N ew D e ca tu r, A la .— Bond B ill Signed .— T h e G o v e rn o r has
sign ed a b ill a u th orizin g th e issu a n ce o f $15,000 m a rk eth ouse bonds.
N ew H a n o v e r C ou n ty, N. C .— Bonds Proposed.—A b ill
n o w b e in g con sid ered in the H ou se o f th e State L eg isla tu re
provid es f o r th e issuance o f $50,000 6 %roa d bonds, s u b je c t to
th e app rova l o f th e electors n e x t June.
N ew O rle a n s, L a .— Proposals fo r Liquidation o f Claims .—
P roposals are in vited u n til F eb . 14, 1899, b y th e B o a rd o f
L iq u id a tion o f th e C ity D eb t fo r th e sale o f cla im s e v id en ce d
b y finan cial ord inan ces and ju d g m e n ts again st th e c it y f o r
debts in cu rred betw een 1879 and 1895, in clu siv e, p a y m en t o f
w h ich has n ot been h eretofore p ro v id e d f o r o u t o f th e reserve
or perm a n en t p u b lic-im p rov em en t fu n d s o f th e c it y fo r the
yea rs 1893 to 1898, in clu sive. T h is o ffe r does n o t in clu d e
cla im s o f s ch o o l teach ers f o r th e yea rs 1880 t o 1884, p a y m e n t
o f w h ich is n o w b ein g p ro v id e d fo r b y th e city . T h ese cla im s
are to b e pa id at th e op tion o f th e B oard o f L iq u id a tion ,
either in cash o r 4% 50-year bonds. E a ch p rop osa l m u st
state th e low est p r ice at w h ich th e cla im o r ju d g m e n t w ill
be sold b y its ow n er. T he Board w ill a lso pu rch a se o r r e ­
deem on o r a fter F eb . 14, 1899, nine ju d ic ia l expense fu n d
b on d s, N os. 1 to 9, in clu sive.
N ew O rlea n s ( L a .) D r a in a g e D is t r i c t .— Bond Sale .— On
F eb ru a ry 8, 1899, $250,000 5% drain a ge b on d sw ere a w a rded
to a lo ca l in v e s to r at 100'351. B onds are in d en om in a tion o f
$1,000, dated N ov em b er 1, 1898. In terest w ill be p ayable
M a y 1 and N o v e m b e r 1, and th e p rin cip a l w ill m a tu re N o ­
vem b er 1, 1938, s u b je ct to ca ll a fte r N o v e m b e r 1,1899.
N ew Y o r k C ity ,— Bored Offering.— P roposa ls w ill b e re ­
ce iv e d u n til 2 p. m . F e b ru a ry 28, 1899, b y B ird S. C oler,

THE CHRONICLE.

F ebruary 11, 1899.]

295

Raleigh, N. C.— Bonds Proposed .—House bill No. 965
Comptroller, for $1,000,000
gold stock as follows: $250,0 0for constructing a bridge over the Harlem River at Third (recently introduced) provides for the issuance of $50,000
0
Avenue: $450,000 for the new East River Bridge, and $300,- bonds.
Reading, Pa.—Bond Sale.—On Feb. 8, 1899, the $100,000
0 0 for repaving streets and avenues. Interest on the above
0
bonds will be payable May 1 and Nov. 1. A certified check, 40 paving bonds were awarded to Philip F. Kelly, Philadel­
payable to the City Comptroller, or deposit for 2% of the par phia, at 111*315. Following are the bids :
valne ot bonds bid for, must accompany proposals. Bonds Philip F. K elly, P hiladelphia.. ,U 1'816
W . L i g h t , Reading....... ... 10 9*230
New 1st Nat. Hank. C
are free from all taxation in the State of New York, except Lamnrecht Bros Co.. olum bus..110*875 Sailer & Stevenson, Paila........10 9*070
Cleve
.110*620 Duoscomb & JennUon. N. 1 .... 10 8*520
for State purposes. Conditional bids will not be considered. Street. Wykes & Co., N. Y........ 110 537 Farmer*' Nat. Bank. Reading... 108*478
Bawls Authorized.—A t a meeting of the Board of Estimate Edw. C. Jones £ Co.. Pbila........110 ‘ 5 Su National Union Bank, Reading. 108*000
& Co.,
held Feb. 9,1899, the issuance of $429,000 bonds for the com­ E. H. GayPrior A Philadelphia. .110*210 Townsend. S<*ott & Son, Balto-.l07*756
Denison.
Co.. Cieve ...110*109 S. A. Kean, Chicago................ 106*0o0
J. Haves
110*174
S. D. Co., Fhilpletion of the new Tombs Prison was authorized. The W.t a b r o o k &oSons, sCleveland.110*070 Guarantee Tr. &0),,................. 105*525
Es
C .. B o t o n ...........
oelphla($50.0*
Mayor recently signed an ordinance authorizing the issuance Heyl &Major, Philadelphia ...,110 039 Sec. Nat. Bank. Read. ($20,000). 104*00
Pelr e. Philadelphia...... 109*760
of $1,500,COO bonds to provide money for the construction of CyrusBrumbaoh, Reading,.......109*251 W. Guss. Tamaqua ($9,000) .....102*50
A. J.
Elizabeth Auric. Pnlla. ($1.000)..107*15
steel towers and spans of the new East River Bridge.
J. A. Struck, New York.... . . .109*233 W. A. Stewart, Phi!a. ($2,000)... Par
Bonds mature $20,000 on April 1 in the years 1904,1909,
North Dakota.—Bonds Proposed.—A resolution has been
introduced in the State Senate authorizing the State Treas­ 1914. 1919 and 1924. For further description of bonds see
urer to redeem $22,700 bonds issued for the State University, C h r o n ic l e last week p 244.
Rochester, N. H.— Bonds Proposed.— A bill recently in­
and which are subject to call on May 1 and to issue refund­
ing bonds, to be taken by the State Board of University and troduced in the House of the State Assembly provides f or a
loan for the purpose of building a school house.
School Lands as an investment.
Rockingham Countv, N. H .—Bonds Authorized by H o use.
North Providence, R. I.—Bonds Proposed.—We are ad­
vised that this town will probably issue bonds about June —The House has passed the bill authorizing the issuanc e of
next to fund its floating indebtedness, which was $33,000 on bonds to fund the county’s floating indebtedness.
Roxboro, N. C.— Bonds Proposed.— A bill now being con­
Feb. 1, 1899.
Oakmao, Ala.—Bonds Proposed.— A bill to permit this sidered in the House of the State Legislature allows this
town to issue $15,000 fyt bonds to pay indebtedness a nd to
Elace to issue bonds was recently introduced in the State
make sundry improvements.
egislatnre.
Saginaw, Mich.—Bond Election .—An election will be held
Oconomowoc, Wig.—Bonds Proposed.— The Council has
under consideration the issuance of bonds for a water-works on April 3, 1899, to vote on the question of issuing $35,000
market bonds.
system.
St. Joseph<Mich.) School District.— Bond Offering. — Pro­
Pawtucket, R. I.—Bonds Proposed .—The issuance of
$100,000 4 f gold street-improvement bonds and $30,000 4? posals will be received until March 1, 1899, for the $10,000
gold school bonds is the Bubjeet of a bill recently introduced 3 } 0 school bonds recently voted. Interest will be payable
annually at the Chemical National Bank, New Fork City,
m the State Legislature.
Pitt-bnrg, Pa. —Bonds Proposed .—In a report recently and the principal will mature 15 years from date of issue.
presented io the City Councils, the Filtration Commission
Salem. J&fLSS.— Temporary Loan .—This city has negorecommended the issuance of $3,000,0i0 bonds for a system of ; siated a loan of $70,000 with Bond & Goodwin, Boston, at
3-364. Loan matures in October.
sand filters and sedimentation basins.
Providence, R. I.—Bonds Propostd .—The House of Repre­
Santa Clara (Town), N. Y.—Bonds Authorized .— The
sentatives has under consideration a bill providing for the Board of Supervisors recently authorized this town to issue
‘ $6,000 of bonds.
issuance of $150,000 highway and school bonds.
W .

&

IN V E S TM E N TS

IN V E S T M E N T S .
HI GH G RADE

B O U G H T AND SOLD.

B O N D S .
l^ sa i Investment* for Strings Bank* in New York

and *U New England.

Rudolph Kleybolte & Co.,
B A K K E R H .

Si reel, New York*

B f a n d VYnlnnt S tr e e t* * C i n c i n n a t i , O.
L IS T S

M A IL E D

U PO N

G overnm ent
GOVERNMENT, M UNICIPAL
M u n ic ip a l Bonds
AND R A I L R O A D BONDS
a n d

State, Municipal, County, School

No. 1

IN V ES T M E N T S .

APPRAISEMENTS MADE OR QUOTATIONS
FURNISHED FOR THE PURCHASE. SALE OR
EXCHANGE OP ABOVE SECURITIES.
L 18T8 ON APPLIC ATION.

N. W . H A R R I S

&

C O .,

B A N Ii K It S .
:i i N A S S A U H T .t B a i i k of C o m m e r c e Bldg.i

A P P L IC A T IO N .

ADAMS & COMPANY,

RUTLAND RAILROAD 0 0
V ,4 i

First Consolidated Mortgage
Gold Bonds,
» r »

JPLV

1ST,

10II.

F all descrip tive c lr c u la r o n ap p lication .

E. H. ROLLI NS & SONS,

BANKERS,

DEALERS IN

I N V E S T M E N T BONDS,
Member* of Boston Stock Exchange.'

No. 7 Congress and 81 State Streets,

19 M ilk Street. Boston. Ma**.

BOSTON.

PUBLIC SECURITIES

E D W D . C. J O N E S & CO.

C.

H.

W H IT E

&

CO .,

BANKERS,

31 NASSAU H T „ NEW Y O R K .
AGENTS FOR THE
A y O L O -A MJSItTCA X ft A S K , L td.,
Charing Crons, London.

Individual Accounts received subject
to check at sight in London.
Cable Transfers.
M A S O N , LEWIS & CO.,
BANKERS.
OO D e v o u n h i r e S t r e e t . Bo uton*
171 L a S a lle S treet, C h icago,

OFFER FOR 8ALE:
DEALERS IN

SUITABLE FOB

S AV INGS BANK A ND T R U S T
FUNDS.

LISTS MAILED ON APPLICATION.

Farson,

Leach

C H IC A G O ,
1 0 0 D e a r b o r n St.

&

Co.,

Municipal, Railroad
Street Railway and Gas

BONDS.
NEW YORK 1 NASSAU STREET.
PHILADELPHIA - 421 CHESTNUT ST.

16 Congress Street, Boston.
15 W a l l S tr e e t, H ew Y o r k .

STATE, CITY & RAILROAD BONDS

M U N IC IP A L

BONDS.

Securities Netting from %% to %
%
ALWAYS ON HAND.
Bend for our Investment Circular.
Municipal Bonds.

W h a n n & Schlesinger,
BANKERS

And Other Desirable Securities.

DUKE M. FARSON. Banker,

NEW Y O R K .
3 5 N » * * n u St,

Blodget, Merritt & C oM

R e n o C o u n t r , K a n n a * ................................... .. 494*
P a l e s t i n e , T e x n w ................................................. 5*
J o l i e t CSa* C o . . J o l i e t , I I I . . .............................5 *
S o u t h «»t na ha , N e b ..........................................
B a y f i e l d C o u n t y , W l l ...................................... 5 *

M U N I C I P A L BONDS,

71 BROADWAY, NEW YORK CITY.

1N‘ D e a r b o r n Street ,
A
C H IC A G O .

M. A. Devitt & Co.,.
M U N IC IP A L BONDS.
F lr .t N a tio n a l B a n k B u ild in g .

CHICAGO.

THE CHRONICLE.

2*6

[V ol . i i x v m

Warren County, .Hiss.— W arrant Sale.— On Feb. 6, 1899,
Shinuston, W Vn.—Bonds Proposed.— The House of the
.
State Legislature is considering a bill authorizing this town the $40,0)0 1 year loan warrants were awarded as follows :
$ 2 1 /0 0 F irst N at. Bk , Vicksbunr..5J*Jl |$5,000 E. S. B u tts. V icksbu rir.......... 5JZ*
to issue water- works bonds.
Shreveport, La.—Band Sale.—On Feb. 2, 1899, the $40,000 9,000.1. D. L a n gh e ln , V i c k s b u r g . I 2,600 J.H .& W .F .B rab ston ,V lck sb.5^ %
For description of warrants see Chronicle last week, p.
54 street-paving bonds were awarded to W. J. Hayes & Sons,
246.
Cleveland, at 111-09. Following are tne bids received :
Washington County, Me.—Bond Sale.—We are advised
W . J . I-Iuyes A Sons. C lev ela n d .1*4.436 F ed er. H olzm an A Co.. Clncln .$ 2.6*30
t
that the remaining $200,000 bonds of the $500,000 44 bsue
Farson, L ea ch & Co. C h ic a g o .. ‘12/467
N. W . H arris & Co., C h ica v o___4.1,304
authorized in aid of the Washington County Railroad have
F . H.Fulton
ro. Chicago. ... 43,236 C om m ercia l rvat. Bank. Sh reveSeaso'«ki00d A M ayer Clnc.n ... 43,031 I port.............................................. 42,000
been sold. These bonds mature in 1928, subject to call after
S. yv. Ke^u, Ch eapo ..................... 42.C i De Van & Co.. N ew Y o r k ,. . . — 41,660
-00
1928.
F. R. Fnlton & Co., Chicago, also offered to take the bonds
Watertown, Mass.— Bonds to he Issued.—On February 2,
and to cancel $2 50 on each coupon and to pay a premium of 1899, the voters of this place agreed upon a plan for the pay­
$965. Bonds mature Jan. 1, 1919. For further description ment for the property of the Watertown Water Supply Co.,
of bonds see Chronicle Jan. 14. 1899, p. 97.
which company accepted the city’s offer of $400,000 on Jan
Spriligboro, Vn.—Bond Election.—At the spring election 25. 1899, It is stated that the cost of the plant to the city
Feb. 21, 1899, the question of issuing $8,500 waterworks will be abont $450,000, of which $150,000 is represented by
bonds (not $85,000, as has been stated in some of the papers,) bonds of the company outstanding. The city will tssuwill be voted upon.
$270,000 3t£4 bonds in denomination of $!.000. They wi,l
Thomas County, Kan.—Bonds P/ oposed.—We are advised mature $9 0 0 yearly on Jau. 1. from 1900 to 1929, inclusive.
0
by Ike W. Crutnly, County Clerk, that the county will refund
Watsonville, Cal.—Bonds Proposed.—The Board of Trus­
the $52,000 6 railroad bonds if satisfactory arrangements tees has employed a civil engineer to make surveys for a
,t
can be made.
sewer and water system, for which purpose bonds will be
Thomaston, 6a. —Bond Offering.—Proposals will he re­ issued, if authorized by the citizens of this place at an elec­
ceived until 7 p ii. Feb. 15, 1890, by Thad. Adams, City tion which will be held after the preliminary details are set­
Clerk and Treasurer, for $10,000 54 school bonds. Securi­ tled.
ties will he in denomination of $100, dated Jan. 2, 1899; in­
Waynesrille (N. C.) School District.—Bonds Proposed.—
terest will be payable semi-annually at Thomaston. Prin­ In order that this district may build a school house, a bill
cipal will mature $ 0 yearly on Jan. 2 from 1900 to 1919, was introduced in the House to authorize the issuance of
50
im lnsive. Bonds are issued pursuant to Act of the Legisla­ bonds
ture passed Dec. 16,1897, and were voted at an election neld
Wellington
to be Issued.
Aug. 29, 1898. Proposals must be accompanied by a certi­ that the reportMo.—No Bonds would issue —We are advised
tnat this city
water
fied check in the amount of $250. The city’s bonded in­ electric light plant bonds is a mistake. The cityworks and
debtedness is $ 0 , due 1899 and 1900 No other outstand­ agitate! or contemplated voting bonds of any kind.has never
80
ing debts. All previous bonds promptly paid. Assessed
Worthington (Town), Ind. —Bond
valuation of the city’s taxable property $604,000. Popula­ that this town recently sold $29 0 0 54Sale.—W e are advised
0
bonds.
tion about 2,000.
Vonkers, N. Y.—Bond Sale.—
Feb. 15, 1899, $11,500 44
Union County, N. C. —Bonds Proposed.—Tne State Senate assessment bonds ware awardedOnthe People’s Savings Bank
to
is considering a bill authorizing the issuance of funding of Yonkers at 102-41, Following are the bids received :
bonds by this county.
P e o p le ’* Sav Bank V o n k e r s .. I - n i l
I Jo se , P a rk er & Co., B o s to n
.102-077
o . M.
N
....1.12-89
Be
&
102-035
Union Springs, Ala.—Bonds Authorized uy L eoisla iu re.- lieonkersH a b n gs ew Y ork...........102-25 |w.rrro na ye sStorrs. NewleY orkn d . 101 53
V
S av in
Bank
J. H
&Sons. C ve la
A bill providing for the issuance of bonds nas beeu passed W , Holman Gary & Co.. B o sto n . 102-2071
by the State Legislature.
Bonus are dated Fdb. 15, 1899, and mature Feb. 1, 1902.

IN V ES TM E N TS .

I N V E S T M E N T S
L oca ted in th e W eat sin ce 1 8 7 2 ,
and having had large e x p e rie n ce in

27th
year

W estern M ortgage

State,

Loans,

THE R. J. WADDELL
INVESTMENT COMPANY,

County,

OF O T T A W A , K A N S A S ,

E N G L A N D

8l T R U S T

W

C O .

C INCIN NATI,

L

M U N IC IP A L
C .

S

BONDS.

t a n w o o d

&

&

C O R D O N , Financial B roker,
W IC H IT A , K A N SA S .

We Buy and Sell Municipal Bonda
from Southern and Western States;
also Guaranteed Railroad Stocks.
R <<SE N B E 1<G K R

Ac L I V E R M O R E ,

(Specialists In T exa s S ecurities),

40 W a l1

eet,

•

H IG H E S T

LOW EST

N

iv e r

GRADE

ALL

P K IC K S

STYLES.

FOR

Q U A L IT Y ,

A g o o d s to ck o f se co n d -h a n d v e h icle s, repaired in
o u r ow n la c to r y f o r sale a t reason able prices.

F. R . F U L T O N & CO .,
M
1 71

B

u n ic ip a l

LA

SALLE

onds

,

STREET,

C H IC A G O .
C o .

M U N ICIPAL B ONDS,

New Y o r k .

■ - CHICAGO

M U N I C I PAL

John

FOR

K a n a a H M u n i c i p a l H o n d a In d e f a u l t ,
W i c h i t a M o r t g a g e s , d e f a u l t o r no t,
W ic h it a o r S e d g w ick Co. R e a l E state,
F o re c lo s e M ortg ag ee, etc.
DEAN

.

DEALERS IN

1st Nat. Bank Bldg.

B O ST O N. _________
P A ID

o

C O U N T R Y ,

ASSORTM ENTS

W. D. Van Vleck,
1 3

N ASSAU

STREET,

-

-

NEW

YO RK .

C o .

BANKERS,

C ASH

. C

TROWBRIDGE,
M a c D onald

121 D e v o n s h i r e 8 t r e e t ,

___

ros

W A SH IN G TO N .

M U N IC IP A L A N D O T H E R
S E C U R IT IE S ,

E.

OF

C e n tu ry B uildin g, C L E V E L A N D , O H IO ,

1 3 2 L a S a lle S treet, C uicago*

and

C O M P R IS IN G

LISTS SENT UPON REQUEST.

S. A . K E A N ,

T O W N
U N E Q IJA L E D

In form ation given and qu otation s fu rn ish ed c o n ­
cernin g all classes o f sto ck s an d bon d s th at h av »
Cleveland m arket

P H IL IP S ,

2d, 3d & Cth A v e . L
at G rand St.

E legant C arriages
For

BONDS.

T o Net 6%.

-

J ust E ast o f B road w ay.
4th A v e . e le ctrics pass door.

O H IO .

B

a m pr ec ht

& CO.,

372, 374, 3 7 « BROOM E ST.

THE

S tate W a rra n ts ,

TACOMA,

S c h o o l,

MUNICIPAL, RAILROAD,
STREET RAILWAY & CORPORATION

A S H I N G T O N

C A L V IN

City,

BRIGGS. T O D D & CO. ,

L O A N

H ave received fo r co lle c tio n a b o u t $2,000,000 o f
the securities o f th e fo llo w in g com panies : Eq.iita
t>le M ortgage, Lom bard, W e ste rn Farm M ortgage,
and Jarvis Conklin. S e n d f o r c i r c u l a r givin g de­
tailed statem en t o f what we h ave accom plished.
(Im p o r te r s ’ & T rad ers’ Nat. Bank,
R eferences : <
N ew Y ork City.
( M ercantile T rust Co., B oston, Mass,
and m any o th ers East and W est.

FLA N D RA U

Bonds.

Oilers S p e c i a l F a c i l i t i e s f o r th e care and co lle c ­
tion o f the Securities o f th e

N E W

M I S C E L L A N E O U S .

BONDS.

BONDS.

Nuveen

INVESTM ENT

M U N IC IP A L

& Co.,

SECURE B AN K

VA U LTS

BANKERS,

1st National Bank Building, Chicago.
C orrespon d en ce

solicited .

Reference, First National Bank Chicago.

WANTED^
M U N IC IP A L . liO N D S,
M U N IC IP A L ,, S T A T E or
COUNTY W A R R A N T S ,

R A IL R O A D BONDS.
Investment Securities Bought, Sold or Exchanged.
WILLIAM E. NICHOLS. 15 Wall Street, New Tork

GENUINE

WELDED CHROME STEEL AND IKON.
Round and F lat Bars and 5-ply P lates
d A n gles
F O R SA F E S. V A U L T S , &C.
Cannot be Saw ed, Cut, o r D rilled, and po
iv e ly
Burglar P ro o f.
C H R O M E S T E E Ii W O R K S ,
K ent A v e .. K eap & H o o p e r Sts.
Sole M an’ f ’ s i n t t e U . 8.
B R O O K L Y N , N. Y