The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Q
I n
u o t a t io n
v
e
s t o
S
u
p
p
l e
m
e
n
t
( M o n t h ly )
S
u
p
p
l e
m
e
n
t
(Q u a r t e r ly )
r s
S
t r e e t
S
[Entered a c c o r d i n g t o Aot o f C o n g r e s s , i n tlie y e a r 1 8 9 7 , b y the W
V O L .
6 4 .
S A T U R D A Y ,
% \w
i l l i a .m
h
r o
n
i c
l e
.
B. D
C le a r in g *
W EEK LY.
f o r o n e Y e a r............... ............................... .................................... $ 1 0 CO
For S ix M onths.................................................................................
6 CO
Enropean Subscription (lnolndlngpostage)......................... 1 2 CO
Earopean Subscription S ir M onths (including p osta ge).
7 00
Annual Subscription In London (inoluding p osta ge)
A 2 3 0s.
S ir M os.
do.
do.
dp.
...A 1 3 0 s .
The I n v e s t o r s ’ S u p p l e m e n t w ill be furnished without extra, charge
to every annual subscriber o f the Co m m e r c ia l a n d F in a n c ia l
C h r o n ic l e .
The St a t e a n d C rrr S u p p l e m e n t w ill also be furnished w ithout
extra charge to every subscriber of the C h r o n ic l e .
The St r e e t R a il w a y S u p p le m e n t will likewise be furnished with
9,ui extra charge to every subscriber of the C h r o n ic l e .
The Q u o ta tio n S u p p le m e n t , Issued m onthly, will also be furnished
w ithout extra charge to every subscriber of the C h r o n ic l e .
Terms of Aavertlsimr—(Ter inch space).
O n e tim e .................................... $ 3 5 0 I Three Months (13 tim e s)..$ 2 5 00
O ne Month
(4 tim e s).. 1 1 0 0 Six Months
(26 “
) . . 43 00
T w oM onthe
(8
“
) .. 18 0 0 |Twelve Months (52 “
) . . 58 00
(The above term s for one month and upward are for standing oards.)
W I L t l i n B . D M * CO H P A N Y . P u b lis h e r s ,
P in e S tr e e t, C o r n e r o f P e a r l S tr e e t,
POET OPPICB B o x 9 5 8 .
NKW T O R *.
—On page 3*22 will be found the detailed returns, bv States
of all tlie national banks, under the Comptroller’s call of Dcember 17, 1896, kindly furnished us by the Comptroller. The
returns for October 6 . 1898, were published in the C h r o n i c l e
of November 28, 1896, page 982.
H O U S E
R E T U R N S .
The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses
of the United States for the weekending to-day, February 13,
nave been $887,383,713, against *1,057.331,088'last week" and
$974,141,600 the corresponding week of last year. The fig
ures at some points in both years cover only five business
days on aocount of the observance of Lincoln's Birthday as
a holiday.
CLEARINGS.
a n d
ana
a y
C
S
u
i t y
Com
p an t
1 3 ,
S
,
p
u
p
p
l e m
p
e n
l e m
t
e n
(Q u a rte r^ )
t
( * m iA n n u a i$
in the office of the Librarian of Congress.
1 8 9 7 .
N O . 1 ,6 5 1 .
Week ending February 0
C
P U B L IS H E D
Iteturns bg 1elejraph.
a i l w
F E B R U A R Y
Terms of Subscription—Payable in Advance:
C L E A R IN G
t a l e
R
Week Ending February 18.
1897.
1890
Per Cent
New York ............ ...............
Bos'on
... . . . . . . . . . . . . . . . . .
Philadelphia ..........................
Baltimore — . . . . .................
Chicago ....................................
8t. L ou is......................... .........
New Orleans ........ ......... .
$349,835,148
87,205,070
49,139.332
11.674,924
48,541,736
21,837,320
9,010,020
$443,445,369
70,353,500
48,991,571
10.879,617
80,934,473
19.870,087
8,315,729
-21*1
+ 24 0
+0*3
+7-3
-2 0 3
4100
+150
Seven cities, 5 <layB ........
Other cities, 5 days.......... .
$377,807,102
130,987,024
$002,790,946
130,413.208
12*8
+04
Total all cities, 5 clays .. .
All cities, 1 (lav......... ..............
$708,854,780
158,498,927
$793,204,154 "
180,937,446
—10 6
-12*4
Total all cities for week..
$807,353,713
*972,141,600
-1 1 0
The full details of clearings for the week covered by the
above statement will be given next Saturday. We cannot,
of course, furnish them to-day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
have to be in all cases estimated, as we go to press Friday night.
We present below our usual detailed figures for the pre
vious week, covering the returns for the period ending with
Saturday noon, February 6, and the results for the corres
ponding week in 1898, 1895 and 1894 are also given. Con
trasted with the preceding week, there is an increase in the
aggregate exchanges of about one hundred and fortytwo million dollars, and at New York alone the gain is
seventy-seven millions. In comparison with the week of
1898 the total for the whole country shows an increase of 4'5
per cent. Compared with the week of 1395 the current
returns record a gain of 20’2 per cent and the excess over
1804 is 29 2 per cent. Outside of New York the gain over
1896 is 2-2 per oent. The increase over 189a reaches 14-H per
sent, and making ooap irison," with 1894 the gain is seen to
he 19‘9 per oent.
at—
N e w T o r * ............
P h il a d e lp h ia ..,
P it t s b u r g ............
B a lt i m o r e ............
B u f fa lo ...................
W a s h in g t o n ....
R o c h e s t e r ............
S y r a c u s e .. . . . . . . .
S c r a n t o n .........
W i l m i n g t o n . . . ..
1897.
4
002. 717,314
08.041,341
1890.
500,773,210
07.9S0.559
13,729,693
14,109.440
4.000,480
2,101,491
T o t a l M i d d le ..
16, 021,340
17,,93",182
it.,071.4 M0
,830,691
,940,305
909,0(0
830,583
71*,6»e
301,200
713,671,010
1,082,080
720.040
770.054
347,100
673.608,2,-39
B o s t o n .................
P r o v i d e n c e ........
H a r t f o r d .............
N e w H a v e n ____
S p r in g fi e ld .........
W o r c e s t e r ...........
P o r t l a n d .............
F a ll R i v e r .........
L o w e l l .................
N ew B e d fo r d ..,
T o t a l N e w K n g ..
101,683 318
5,890.500
2,796,723
1,919.109
1,511,8-4°
1,373 018
1,275,605
880 080
010.024
612,451
117.882.100
82.121.407
5,247.00
2,838.020
1 009,772
1,229.140
1,287,009
1.205,131
742.61 i
722,280
415,413
97.478,892
C h i c a g o ......................
C i n c i n n a t i................
D e t r o i t .......................
C l e v e l a n d .................
71.661.072
12,039,901
G.lab.0la
7,481.72'
1 310.092
8.604, w»0
2.231 81
1.0 *1 00.
83,030,490
10.631 700
6,4 40.941
0.425 332
5,362.997
3.313,000
B in g h a m t o n .. . .
Milwaukee............
C o lu m b u s . . . . . . . . .
Indianapolis........
P e o r i a .........................
T o l e d o ........................
G ra n d R a p id s .. . . .
D a y t o n ........... ..
L e x i n g t o n ................
K a l a m a z o o ...............
A fc ro n .........................
B a y C i t y ....................
R o c k f o r d ...................
S p r in g fie ld , O h io ..
C a n t o n . . ....................
T o t M id . W e s t 'r
1,
1,
1,600,430
005.131
500.904
308.469
239 118
246,i10
17 ),o2'
u * . : 7j.
100 536
12\IS2
115,920 405
1,881.080
.
1,891.346
1.860,041
78 1 .869
051,990
313.597
341,0.8
22»,25i'
2-9.010
161.741
190.0OI
108.800
124,115*594
302,304
871) 090
12.023,498
Wri0.3 4
1 318,8*0
1,201,480
(*89.531
304,942
450.000
129.601
4i *>28
17,452.703
2< Q,f98
bA.fldl
17.709.777
10,158.775
H a s t i n g s ...................
T o t . o t h e r W est.
485.887
274.931
St'5,535
341.428
70.077
100,814
30,498.835
9.732,505
8.3*5 052
4,119.*93
4,880.933
2.0*8.507
1,70*1,403
1,344.000
923,798
546,507
321,858
388.079
452.400
68,< 08
83,878
30,000,537
S t . L o u i s ............ .
N e w O r le a n s ............
L o u i s v i l l e ..................
G a l v e s t o n ..................
H o u s t o n ....................
S a v a n n a h .................
R i c h m o n d .................
M e m p h is ...................
A t l a n t a .......................
D a lla s ..........................
N a s h v i ll e ..................
N o r f o l k .......................
W a c o ...........................
F o r t W o r t h ..............
A u g u s t a .....................
B ir m in g h a m .......
K n o x v i l l e . ..............
L i t t l e H o c k ..............
J a c k s o n v i l l e . ..........
C h a t t a n o o g a ...........
T o ta l S ou th ern .
25.545,099
8,985.422
0,031,92a
2,440,700
2,008.830
2.230.07 6
8 820.830
2,010,138
1.490,908
1.198,937
1.230,705
813 210
07 l.«93
827,058
808.907
319,409
504,207
283,152
280.000
300,050
01,699,310
23,205/7$
10.023.110
6,502,795
2,412.o70
2.011.530
2,931,104
2.302,754
2,673,968
1,014,005
1.103.352
1.308.810
1,042,240
1,126.067
8/4.210
033.884
3:0,099
478,300
330.090
381,185
317.408
02,489,878
San F r a n c is c o ..
S a lt L a k e C i t y ..
P o r t l a n d ...............
L o s A n g e l e s .....
H e l e n a ...................
T a c o m a ............... ..
S e a t t l e .................
S p o k a n e ..........
F a r g o ......................
S io u x F a l l s . . . . . .
T o t a l P a c t flo .,
K a n s a s C i t y ............
M i n n e a p o l is ............
O m a h a ........................
S t . P a u l .....................
D e n v e r ......................
D a v e n p o r t . . . . ........
S t. J o s e p h ..............
D e s M o i n e s ..............
8 i o u x C i t y ................
L i n c o l n .............. ..
W i c h i t a ......................
T o p e k a .......................
Fremont................ .
T o t a l a l l ..................
O u ts id e N . Y o r k .
M o n t r e a l ................
T o r o n t o .................
H a l i f a x ...................
W !n n lp * » c ...........
H a m il t o n ...............
St.. J o h n * ................
I 'o t a i C a n a d a .
12,073.581
1.184,13
1.292,076
1,01 1,602
45 1#n
MM*8
6.973,28!
4 124 600
3,0*7,426;
3.182.767
752.9:2
1,000.171 0
1,028.880
402.131
1897.
P . C en t.
+03
+0 I
-+-9'4
+20-5
-8 4
-1 1 7
+3*1
-1 7 -8
+153
—3 0
— 13-4
+00
+23 7
+2 7
—1*6
+150
-r22*9
+0 7
+&' 4
+ 1*0
— 165
+30 0
+20*9
-1 0 0
+J4-3
—17*1
+10*4
—18 *8
-U*3
-9*0
-1 2 0
+11*2
—16*2
—13 0
-1 0 4
—29*9
+9 3
-101
—2L7
-12*8
—24* I
-C o
+04
+18 0
42
—2o*o
-2 3 4
—0 9
—17-e
+28 0
—35*3
-52*r;
-i b
+4*4
—37'
—H’0
-3 0 *
+ 1*4
-6 7 * 4
—3*3
+11*1
—105
- 1 4 '0
-2 1 * 4
-2 4 * 6
+31
+ 12*9
—16*3
9.470.496
0,885,580
1.101 082
1.021,173
907,900
402.405
19.455,290
441.065,757
1894.
489,340,439
47,172,308
10,427,344
11,293,949
3,891,000
1,059.100
1,408.532
780,203
652 903
767,870
327,500
517.077,148
77,733
4.481,900
2,03d,?24
1.424.043
1.2*4,943
1.109,564
1.150.153
777.800
097,105
339,749
9l.c30.3O3
79,860,102
4.081,200
1,929,499
1,450,000
1,102.973
1.011,005
1,205,314
710,078
7*7,305
391,308
92.474,024
84.059 177
11,439.060
+ 8 9 5 /8 0
4.509.406
4.949.840
2,917.800
942,683
1*97,730
75,090,575
11,475,250
6.142.808
4,128,256
8,915,415
3.105,000
1,006 522
1.207.100
740,371
788.676
420.307
248.053
182,529
332,'- 74
168151
177,154
150.899
119.824,083
288.498
232.190
151,007
210,319
161.392
38H 919
128.393
107,875.935
11.009.500
908.652
1,111.859
11,205,669
973,376
*92,778
921,794
879.887
713,820
527,109
371.154
117,029
130,761
10.799,382
1,161.801
502.04*
5lo,851
459,790
3*4,800
100,690
68010
10,873 103
8 4 0 0 /0 0
•* 581.851
3,803.607
3,099.601
9,067,770
5,290,028
4,500,894
2.834,810
2,728,819
1,4 07 531
1.029.279
470,010
871,403
1,700,000
884.472
038,478
401,701
524,877
502.370
104,221
2,768,776
507.03*
370,338
80.006
03,970
27,121,625
-5 * 5
—15*4
21.708 972
8.647.992
0.259.934
2.070,227
+1*4
—0 3
2.433,852
-2 T 9
2 3 >6.035
-1*5
2,175,620
-21*7
2,089,521
—7*7
1,800,817
» 1,1*9,050
9 1,078,447
-22*o
800,500
—40*0
l.OOO.OCO
1 200,000
-6 3
+27*6
482,104
-9*e
812,108
+6*4
—11*4
827 272
-2 0 5
482.819
—5*3 ___ 211,84'
-1*1
60.008.170
+11
+3*1
—0*0
88,000
29.392,440
81,082,871
8 ,852,839
8,707 826
2 li8 ,1 2 6
2,415,100
1.731,414
2,130,907
1,678,204
1,174,924
1,122,880
1,059,882
990,860
728,359
850,000
281,068
488,195
247,079
54.171,600
879.895.901
818.398,435
+2*2
890,075.009
379.049,990
-3 * 0
—0*4
10,007.100
5.777.H40
1.117,801
730.087
713,232
9.374,091
6 271.305
1,168,740
909.010
828,836
,057.331,008 1.011,428.907
454,013.754
1995
483.820,885
64,091.207
11,416 322
10,720,3^5
3 811,i 22
1.047,975
1,600,062
934,13*
580 887
094.756
254,900
509,472.054
-1 2
-3 9
+24-2
- 5 71 19,000.789
17 00 6 / 3 8
•Not Included In totals.
/
THE CHRONICLE.
302
[ V o l. L X IV .
R a ilr o a d s , t o o , h a v e n o
T H E
Two
F IN A N C IA L
im p o r ta n t
T ory
w e e k ’s r e c o r d .
day by
t r a n s a c tio n s
T o e fi r s t w a s
th e
M r. 0 . D . B o r d e n , o f
th e
O o tn p a t y , F a ll R iv e r , o f
o lo th r ,
5 0 0 ,0 0 0
2 0 0 .0 0 0
p ie c e s
p ie c e s
fo r
fo r
fu tu r e
w as
q u o ta tio n .
m ade
th ou g h
is
th e
c lo th
at
m ills
th a t
q u o te d .
1 -1 6
The
b e lo w
w ith
at w h ic h
average
n ew est
w ith
P r o v id e n c e
4 3 5 ,0 0 0
p ie c e s , o f
T h is
p u rch ase
th a n
a ll o f
th e
F a ll R iv e r .
p r in t
I t is r e p o r t e d
now
r e p o r t e d la s t
fo r
Y e a r ’s I r o n P r o d u c t io n ” J a n u a r y 3 0 ) w ere s e llin g a t th e
p r ic e o f $ 1 6 a n d e v e n lo w e r .
r a ils
1897 to
t h e r a ilr o a d s o f
ten
sta ted th a t
is
no
s u r p r is e , t h e r e fo r e , t o see it
u n d e r s ta n d , r u n n in g
w eek,
s iz e s .
th e
th a t
m ore
can n ot
M r.
has a c a p a c ity o f
but
has been,
we
a t o n ly 4 0 ,0 0 0 p ie c e s d u r in g th e
n a tu ra l
lo n g .
la s t
c o n c lu s io n
be
ex p ected
The
year
e n tir e
o n ly
th e
years
t r a n s a c tio n
th e m ills h a v in g
r e fe r re d
to
above
becam e
t h e y d id la s t y e a r .
W e d o n o t m e a n th a t p r ic e s
have advan ced
m a t e r i a l l y , o r a t a l l i n m o 3 t c a s e s — t h a t is
te r o f a d a y o r a fe w d a y s.
great
The
m any
p r e v io u s M o n d a y ; th e y h a v e
eager
w h o le
w eak
a ll
N o on e seem ed
w h ile e v e r y o n e w a s
a m a t.
ton e, th o u g h ,
c lo s e d
up
a n d d is a p
to w an t any good s th e n ,
to
a cco u n ts
not
s e l l ; as
w e w r ite t h e r e
s h o u ld e r s b r o a l
b ig e n o u g h
to carry
M r.
n a tio n a l
tio n s
and
It
is
p o s s ib le
dem and
That
rem oved .
to
of
no
not
lo n g e r
a n x i o u s s e lle r s .
o v e r -e s tim a te th e d e p r e s s in g
an
in flu e n c e
is
o ld
ha3
and
now
heavy
in
stock
la r g e p a rt
in
been
A n o t h e r in flu e n c e , a c t in g in th e sa m e d i r e c
t io n , a n d w h ic h w ill a ls o h e lp t o
s tim u la te
th e s h o r t-tim e m o v e m e n t a t F a ll R iv e r
d e m a n d , is
and
e ls e w h e r e
t h a t w e a n n o u n c e d i n o u r O o t t o n R e p o r t la s t w e e k h a d
begun.
W it h in
th e
th ir te e n
w eeks
co v e rs, th e d e m a n d o u g h t to b ro a d e n
t h is
agreem en t
enou gh
to fo r c e
t h e m ills o n f u l l t im e a g a in .
A n e v e n t lik e ly to
m ore
d e c id e d
even
to w a r d s
a
a
s t ill w id e r
general
th e
tw o
m o v e m e n ts, h ad b een
as
have, and
d e s ig n , th e y
end,
ia c h
sta r t
of
b o th
te n d
so
c o n tr ib u tin g
g e n e r a l, b u s in e s s
tim e d to
to
have
d ir e c tly
in
its
a c tiv ity .
la s t w e e k b u t o n ly k n o w n to
s t e e l r a ils fr o m 1 2 5 to
to
The
by
sam e
h a ste n
th e
break
th e p u b lic t h is
*20
ju st
about
in
h a v e b e e n a n a ff a ir
r e s u lt e d fir s t in a d r o p a t t h e c lo s e o f
p r ic e o f
happen
com e
to w a r d s th e
w ay
th e s te e l-r a il p o o l (w h ic h s e e m s to
of
In d eei
a c ts , th e p r in t c lo th a n d
s t e e l r a il
hence
and
in d u s tr ia l
r e v iv a l is t h e d i s s o l u t i o n o f t h e B te el r a il p o o l.
i t lo o k s a lm o s t a s i f
th ey
T ru st
and
th e
At
th e
c o n d itio n s
so
fo r
e v i d e n '.
r a ilr o a d s
to
m ake
w eek ’s
are
tim e ,
c e r ta in t o a rre st
of
p o in t
com
our
observa
as
upon
of
sh ow n
to
a
of
th e
S ta te L e g is
fe a tu r e
m is c h ie v o u s
th e
con
tra d e
som e
a tta ck s
th e
w hen,
s tr o n g ly
d is tu r b
in v e s tig a tio n
C o m m itte e
w h ic h
to
a g a in s t
c a p ita l
th e
day.
above,
r e v iv a l
in
th e
tra d e
in its t e n d e n c y o r s i
r e c o v e r y as t o k e e p u p th n e x is t
i n g a g it a t io n a g a in s t c a p ita l
a n d c a p ita lis ts .
i f th e t r u t h w e re k n o w n , it w o u ld
p r o b a b ly
I n d e e d ,be fo u n d
th a t th e fe a r o f a d v e rs e le g is la t io n has h e ld m a n y e n t e r
p r is e s i n c h e c k , a n d is t h u s r e s p o n s i b l e f o r t h e s l o w w a y
in w h ic h tr a d e r e c o v e r y h a s
been
p r o g r e s s in g .
A m o
tio n o f s u ch
dropp ed
m ake
p o lic y
can
o n ly
r e s u lt in
h a rm .
As
re p o rte r fr o m
c a p ita lis t
b e fo re
m ake
h im
an
a lm o s t
in d u s tr y
L e g is la te
m ake
“ T h e N e w Y o r k T im e s ,”
and
it
a g a in s t
u n s a fe
“ F r ig h te D t h e
tim id , a n d y o u at o n c e p u t
in s u r m o u n t a b le
h im , a tta ck
h im , o v e rta x
b a r r ie r .
h im a n d
f o r h im to in v e s t h is m o n e y , a n d y o u
a t o n c e t a k e a w a y a ll c h a n c e s o f in d u s t r ia l p r o s p e r it y .”
It
is
to
b e h o p e d , t h e r e fo r e , th a t o u r le g id a to r s
w ill
see th e fo lly o f t h e ir c o u r s e .
T h e e le c tio n o f M r. J o h n P . G r e e n to th e p o s itio n o f
F i r s t V i c e P r e s i d e n t o f t h e P e n n s y l v a n i a R a i l r o a d is i n
p er to n , a n d
fr o m
a
M r . J o h n H . D a v is w e ll s a id t h is w e e k , in t a lk in g w ith a
w eek )
th en
$ 2 8 to $ 2 5 , a n d
t h a t n o w i t is d o w n t o $ 1 8 , t b e s t r e n g t h o f t h e i n d u c e
m ent
th e
la s t w e e k in th e
W h e n w e r e c a ll t h e f a c t t h a t i t w a s o n ly in D e o
p r ic e
an d th a t
a c t iv it y w h ic h is
c o n tin u e
in d is c r im in a te
n o th in g c o u ld be so
th e r e g u la r lin e o f
P e n n s y lv a n ia
th e
a
p resen t
b y t h e p la c in g o f v e r y la r g e o r d e r s fo r r a ils w ith p r o d u
th a t
m u st
t h is
by
c a p ita lis ts
th e
cers.
h ou rs,
c o m in g
O n a n o th e r p a g e we
t h i s w e e k t o $ 1 8 , a n d s o m e Bay t o $ 1 7 p e r t o n , f o l l o w e d
em ber
as
m en t’ s th o u g h t m u st c o n v in c e a n y o n e th a t a c o n t in u a
e x e r c is e
im p u ls e
S ta te,
c o n c e r n in g
la tu r e
th a t
and
b in a t io n s .
th a t r e s u lt, h o ld e r s a re
s ig h t.
in
be r u n n in g o n fu ll t im e , t h a t
m ak e b e tte r
f i d e n c e b y t h e i r s e n s e le s s c l a m o r
of
on
has
t h e ir p la n t so as t o d o o t h e r
O f cou rse th e p ro s p e ct o f
i t q u i r y h a s b e g u n a n d it w ill s u r e ly in c r e a s e ; c o n fid e n t
e ffe c t
it
as 2 ,0 0 0 ,0 0 0 t o n s .
h e r e s u g g e s te d m a y b e a g a in d e fe r r e d : f o u r le g is la t o r s ,
Sugar
u n d e r ta k in g ; b u t
h a r d ly
ton s;
h ig h
th e m d o so.
n e e d e d — tb e
B o r d e n ’s
p r o d u c tio n
r a i l r o a d s w ill g o t o w o r k a s s o o n a s t h e w e a t h e r w i l l l e t
sp o ts e x is te d t h e
a re b u y e rs , n o t y e t in c r o w d s n o r w ith
nor bank
b a s is
r a il
T h e p r o m i s e a t t h e m o m e n t is t h a t
t h e ir e m p lo y e e s w ill
enough
fig h t
th a t
p r e s e n t p r o d u c e as m u c h
ch an ged
chan ged.
p eared n ow .
as
th e
on
t h e l a r g e r f i g u r e i n d i c a t e s is q u i t e q u e s t i o n a b l e , s o m e o f
th e m a c h in e r y w ill s o o n
A
ste e l
1 ,1 0 0 ,0 0 0
got
k n o w n , t h e w h o le c h a r a c t e r o f th e d r y g o o d s m a r k e t h a s
has ch a n g ed .
be
c o n tin u e
B essem er
reach ed
p r e v io u s
w o u ld
to
If
a n d r a ils
w o rk ; th e y ca n , th o u g h , p ro d u c e v ery m u ch m ore th a n
la s t fe w m o n t h s .
S in c e
p r ic e n o o n e c a n k n o w .
odd
at
th e
H o w m a n y o r d e r s t h e s t e e l r a i l c o m p a n i e s w ill b e w i l l i n g
to b o o k b e fo r e r a is in g th e
a litt le
stock
about
It
F a ll R iv e r
in
or
th e ir o r d e r s .
r o a d s are b u s y m a k in g t h e ir a r r a n g e m e n ts fo r th e y e a r.
W h e t h e r t h e m i ll s c a n a t
per
ton ,
in
b ille ts
b e th e in t e n t io n o f
a t h is m ill, w h ic h
d o lla r s a
$ 1 ,2 0 0 a m ile f o r 75 lb s . r a ils , t o s e n d
b u t to p r in t th e m
p ie c e s
A s th e p r ic e o f
a l l o f l a s t y e a r w a s $ 2 8 , h e r e is a n i n d u c e m e n t i n
som e
7 5 ,0 0 0
W h e n b ille ts c a n b e b o u g h t
a t $ 1 6 r a ils c a n p r o b a b ly b e s o ld a t $ 1 8 .
B j r d e n n o t t o s e ll t h e g o o d s in t h e ir p r e s e n t c o n d it io n ,
about
th e m a rk e t le a d in g
a t t h e s e f i g u r e s t h e r e is a lo 3 s o n b o t h
(r e g u la r s )
to
c lo th ,
as
p ie c e s
c a lls
c lo th s
th e
w h ic h th e r e w ere a t
7 7 9 .0 0 0
c o n s e q u e n tly
at
p u rch ase
s e llin g
p ie ce s (6 4 x 6 4 ) a n d a t
7 2 0 .0 0 0 p i e c e s ( 6 4 x 6 4 ) a n d
be
o f th e
T h e to ta l s to c k s o f p r in t c lo th s
S a t u r d a y w a s 1 ,9 3 4 ,0 0 0
and
m a c h in e r y c a n w ea v e
co tto n
in
w h ile b ille t s (a s w e n o t e d i n o u r a r t ic le o n “ T h e L a t e
th a n
th e
cost
t h a t it w as p r e t t y s u re t o
im p o r ta n t fe a tu r e
P r in tin g
to
h ig h e r
The
t o t h a t b e l i e f h a s b e e n t h a t s t e e l r a ils w o r e h e l d a t $ 2 5 ,
d e liv e r y
s a id
cen t
p r ic e
th e
p r ic e
d e liv e r y ,
occu r.
M on
on
A m e r ic a n
th e
p ie c e s (6 4 x 6 4 ) p r in t
im m e d ia te
d o u b t b e e n h o ld in g o ff, w a it-
id g fo r th is b r e a k , k n o w in g
d is tin g u is h
p u rch ase
7 5 0 ,0 0 0
2 9 -1 6 c e n t s p e r y a r d , o r
r u lin g
S IT U A T IO N .
im m e d ia te
p u r c h a s e s is
fir s t
in
c o n s e r v a tiv e
en te re d
1865,
T h is
son ,
covers
T h o m is
th a t
m anagem ent
th e
and
e m p lo y s in c e
p r o m o t i o n , a n d is
p o lic y
s e r v ic e
he
1869,
th e
A.
has
a
ha3
fo r
of
th e
p e r io d
tim e
S co tt
so
been
lo n g .
road ,
M r.
we
c o n t in u o u s ly
of
w hen
and
a ls o i n l i n e w i t h
d is tin g u is h e d
th e
G reen
b e lie v e ,
in
it s
t w e n t y e ig U t y e a r s .
J.
E lg a r
G rorge
B.
T hom
R o b e rta
were successively at ttie helm.
He was for
many years assistant to Scott, and since 1882, when he
was made Fourth Vice President, he has advanced
steadily, until now he has become the First Vice Presi
dent. Mr. Green has not only seen long service in the
read and is thoroughly familiar with the policy which
ba 3 raised the Pennsylvania to such a high plane in the
railroad woild, but with Mr. Frank Thomson, who is now
President, he has had an active part in shaping and
directing that policy, though his duties have brought
him less prominently to public notice. In a word,
he has been an exceedingly valaable man to
the Pennsylvania, and President Roberts leaned on him
a great deal. We believe that in recent years he has
had the supervision of the company's finances as one
branch of hia work. The elevation of Mr. Charles
E. Pagh to the position of Second Vice-President and
the other promotions that have been made this week
by the board of directors of the company are also
deserving of the highest commendation. It must be
gratifying to the security holders, a3 it is to the pub
lic, to see these faithful and capable officials continued
in charge of a railroad property which excites the
admiration of the whole world.
There is as yet no indication of any general improve
ment in railroad earnings, though the Chicago Mil
waukee & St. Paul in its return for the first week of
February shows a gain for the first time in a
great many week?. We publish on another page
our compilation of the gross earnings of United
States railroads for January and the exhibit is
a decidedly unfavorable one. There were, how
ever, a number of special adverse conditions,
which account largely for the poor character of
the compa-iaon. For December some further returns
of gross and net have been received, and the results
are somewhat irregular, as heretofore. The Reading
Company, now that it is out of the hands of receivers,
has changed somewhat the form of its monthly returns,
giving simply the figures of gross and net. On the
Railroad Company there is a loss of $115,163 in gross,
but an incnaie of $19,057 in net; and the Coal & Iron
Company, with $445,660 decrease in gross, has $49,684
increase in uet. Mr. C. W. Haskins, of the firm
of Haskins & Sails, public accountants, and who
is now Comptroller of the Central of Georgia, has sent
us that company’s statement for December and the
half-year. Including the results on the Ocean St'amsbip Company, gross for the month is $724,384 against
$745,857, and net $298,168 against $319,382; and for
the half-year gross is $3,888,697 against $4,063,580,
and net $1,267,257 against $1,414,494. The Chicago
Great Western for the half-year reports gross of $2,393,947 against $2,417,278 and net of $567,501 against
$623,784; and for the calendar year gross of $4,686,489
against $4,070,464, and net of $1,199,295 against $882,382. The Illinois Central for December has gross of
$2,104,066 against $2,206,151, and net of $776,953
against $884,088; and the Baltimore & Ohio South
western gross of $546,291 against $545,708, and net of
$188,395 against $171,718. Below i3 a four-year com
parison of the December gross and net of a few roads
whose returns have been received this week.
----------— - December
1890.
1895.
of R oad B a ltim o re & O h io S o a t h w . .G r o s s
N et
C ln . J a c k s o n A M ie n ....
N et
I ll in o i s C e n tr a l* ................
N et
K a o .C i t y F t .S c o t t k M o r n .G r o s s
N et
303
THE CHRONICLE, g
F e bru ary 13, Ltiy'.]
Earnings.----------------—
1891.
*
•
1
546,291
1*8.395
63,087
8.546
2.101,016
776.953
387,380
118,639
545,708
171,716
60.985
11.299
2,206.151
881.086
382,490
116.728
516,799
177.380
60,260
9,090
1,866.228
691.497
899.858
128,148
1893.
1
511,651
190,734
52.334
7.356
1,855.811
608.918
478,866
178.963
,------------------------- December
Sam e o f R o a d —
K an . C it y M e m . & B i r m ........G ro s s
N et
P h ila d e ’ p h ia & R e a d i n g ........G r o s s
N et
C o a l & I r o n C o .......................G r o s s
N et
S a v . F lo r id a & W e s t e r n ........G r o s s
N et
1896.
$
125,156
40,867
1.777,445
854,639
1,770.698
35.313
298 9 *8
91,798
1895.
I
E a rn in g s. --------------------------- ,
1894.
1893.
$
$
13°,911
111,461
39,657
40,071
1.893.608
+1,551,926
635.582
+604,861
2,216,358
1,588.255
d e f .1 4 .3 7 l + d f.149 9 50
291,563
397,781
71,6 ->4
1 63,379
119,781
40,913
+ 1,7 52 ,51 2
+780,227
2 .2 7 9 ,8 1 0
+ 295,454
426,31 0
2 0 6 ,6 5 5
* I n c lu d e s S t. L o u is A l t o n k T e r r e H a u t e f o r a ll t h e y e a r s .
+ T h e s e fig u re s a r e o n a d iff e r e n t b a s is f r o m t h o s e f o r t h e la t e r y e a r s .
Money on call has loaned this week at tUe Stock Ex
change at 1+ and at 2 per cent, with comparatively few
transactions at the higher figure, and the average has
been about I f per cent. The banks maintain 2 per
cent as the minimum, but trust companies demand 1+
as the lowest. The business in time contracts is small,
there being a light demand for short dates, and lend
ers are unwilling to make concessions for long per
iods. Rates are 2 per cent for sixty days, 2+ per cent
for ninety days to four mouths and 3 per cent for five
to six months on good Stock Exchange collateral. A
moderate amount of business is done in commercial
paper and the best names are promptly taken, hut
among buyers there has been a feeling that rates m ust
soon advance, and many have, consequently been hold
ing off. It was reported Thursday that ninety day to
four mouths Eastern mill paper had been placed at 2+
per cen t; also that E astern city notes running to
October have sold atthe same rate of 24 per cent. Quo
tations are 3 per cant for sixty to ninety day endorsed
bills receivable, 3+@4 for first class and 4'5,5 for good
four to six months single names.
The European financial situation was somewhat dis
turbed early in the week by disquieting rumors regard
ing the physical condition of the Emperor of Russia,
which, it was said, had caused a flurry at St. Petersburg,
but this quickly subsided on the denial of the report.
There was also some uneasiness due to the disturbance
in the island of Crete. A 3 the cable had stated that
Greece had forcibly intervened in behalf of the
Cretans, it was feared that the situation might be
seriously complicated; but on Wednesday and Thursday
less unfavorable views prevailed. The Bank of Eng
land minimum rate of discount remains unchanged at
3 per cent. The cable reports discounts of sixty to
ninety day bank bills in London I f per cent. The
open market rate at Paris is I f per cent and at Berlin
and Frankfort it is 2f per cent. According to our
special cable from London the Bank of Englaud gained
£395,795 bullion during the week and held £37,703,793
at the close of this week. Oar correspondent further
advises us that the gain was due to the import of
£195,000 (of which £104,000 were from Australia,
£82,000 from Egypt and £9,000 from other points), to
receipts from the interior of Great Britain of £281,000
net and to exports of £80,000, of which £50,000 were
to Uruguay and £30,000 to Brazil.
The foreign exchange market ha3 been dull and
remarkably steady this week, there being no chauge
in the posted rates, and until Wednesday none in those
for actual business. The tone has been firm. Some
bankers assert th it this firmness is partly caused by
remittances of balances due on arbitrage account in
anticipation of the semi monthly settlement in Lon
don. It is also said that commercial bills are
not plentiful and that there is a good de
mand for long sterling, which is being bought
for investment by parties who feel confident that
when merchandise exports fall off and imports in
crease, as they are likely to do within the next two
months, there will be a profit even on sixty-day bills
bought at current figures. There is also said to be a
TH E
3lM
C H R O N IC L E .
demand for sight BUtrliog r> *ui \<iz from operations ns
connect* n» wi*h investment bills. A? these have
approached the run off period tiioy have been ex
changes.? for sight drafts which have been deliverel in
settlement of bills previously sold for future deliv ry
and the rim off bills have been canceled. The market
was dub and steady on Monday, and nominal rates were
unchanged compared with those on Friday of last week,
at i 8 5 | for sixty day and 4 874 for sight.
There was
no alteration in rates for actual business, which re
mained at 4 841 @4 84 } for long, 4 801 @4 86f for short
and 4 '■' >@4 87 for cable transfers, and the tone was
steady to firm, so continuing on the following day. On
Wednesday nominal rates were unchanged, but there
was an advance in rates for actual business of onequarter of a cent in long sterling to 4 84}@4 85, while
Bhort sterling and cable transfers remained unaltered,
but were also advanced one quarter of a cent on Thurs
day- The following table shows the daily posted rates
for exchange by some of the leading drawers.
! A lt.T l OSTKI) RA TES F O R F O R E IG N EX CH A N G E.
MON*,
T
FB I.,
W E D .. 1T H O R .
u e s .,
. ! JK -i Web, s. Ftb, » . Feb. IQ. Feb. 11
85*
i m d»y§.
B r o w n B r o a ~ .,, fgig&u.
87*
sill
£ !f
n il
85*
I
days
B «ta «
Mjfiugotitt H C o fsigijfc-..
f? 5 !
SK
38
B a n k B r itts &
85*
16C*days.
ssw
Ne*. Atii©7le&
87*
sn *
11
KK
85*
$§© diijn*.
S is k -o f
8m
ffg
STH
8
7*
,..■ .« ISlgLU.£8
m
Bt>K
Oa&ftdi&ii Bank
m
11
t e s
W *
S3
85*
HeldiM fe& es, le k
&S*
85*
85*
85*
• ih e t m e r & C »
t7 *
87*
87*
87*
87*
mn
85*
85*
S5«
^5*
Lfcs&rd F re re s ..
07*
87
S>7*
87*
S.M.
mu
Bk.
85*
•r,<4
a! C fe o ft d A .... 1 s miu*\
87*
m
IlfS
m
Feb. 12.
2
3.
o
3
The market closed firm ou TaurscUy at 4 85^ for
sixty day and 1874 for sight. Rates for actual
business were 4 84}@4 85 for long, 4 86f@4 87
for short and 4 t 87j for cable transfers. Prime
Commercial bills were 4 84-}-@4 844 and docatnentary
4 834@4 84.
The following statement gives the week’s movements
of motu-y to and from the interior by the New York
banks.
Received by Shippedby Net Interior
N. F . Rank*. N. Y. Banks Movement.
m, 5 4 1 ,0 0 0 $ 2 ,9 8 0 ,0 0 0 G a in , $ 5 0 1 ,0 0 0
Week Ending F e b . 11, W$7.
O c n e u c y ......................... ..............................
S r t W L ,,.......................................................... ..
Tm&i &n‘da n d losrftl t « n r t o r s . « . .
With the
foil owe.
S u b -T r e a s u r y
Weekmmm Mb. IF m<7.
Memkm*it s i« r i o r
SUk't^TTnmuef ctjx sp a llori# . . . . . . . . . . . .
0 2 2 .0 0 0
4 3 1 ,0 0 0 G a m ,
1 9 1 ,0 0 0
tr-i. 1 0 3 ,0 0 0
$ 3 ,4 1 1 ,0 0 0 G a in ,
$ 7 5 2 ,0 0 0
o p e r a tio n s
Into
Banks.
ma 0 3 , o o o
9 ,4 0 0 ,0 0 0
th e
r e s u lt
o « e of
Banks.
is as
Net Changein
Bank Holdings.
$ 3 ,4 1 1 ,0 0 0 G a in , :4752, H!0
1 1 ,4 0 0 ,0 0 0 L o s s . 2 ,0 0 0 ,0 0 0
__ T o t a l g o lt l a m i iegftl. len itlora. . . . e i i i J e E o o o $ 1 4 ,8 1 1 ^ 0 0 0
LomM.2 4 8 ,0 0 0
The following table indicates the amount of bullion
In the principal European banks this week and at the
corresponding date last year.
MsmM&f
0ol4.
A
Itrmpm.
Feb. 11, %m.
j 8Umr. | Total.
1
8 ^ » lu
M?\
T «*
* Tb<* t
»a<t had
from *!<>
1890.
total.
S lli'er.
£
£
£
40,007,794
15.711,030
12,001,000
10,210,000
6.817.000
48,110,405
127,284,939
47.611.000
37.518.000
10,2 14 00 0
9,933.000
4 121,000
:
£
..................j 37,103,783 48,110,405
7 * f»2.401 49,192.880 h 26.075.281 77.6 17 ,U S
29,524,*57 X 4 , 7 « l , « 8 H .2H4.I50 31.699,370
lu
43,199,000 24,821,000
8.004.000
!' <L84*.0 0 0 j 9,477,00*
3.100.000
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l.*2*?,83i
4 270.O0
2.749,313
a
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-
Feb. 13,
am.
1,374,087
198,2*0.828 05.92
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00.5 15 .00 1 292.825,814
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t&M.
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' *A>!/.*'.T l ^ - u .i-. . a, Uja . m batik* m aAb nn di.Uuociou : !i Ibul r
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* o r r. « , s.H,.ice Hie foreio-in.: r e .i i lu weekly b- o*We. and while
* o : a: o, I...- e » te elv rti a t Hie bead of till- anlam a, they are tli« re° r®'■‘
.r r - i to th a t d a te —th a t 1., th e !aii-nt re p o rte d li/turet.
f V o t . LX1V.
THE “ GREED OF C A P IT A L .”
Trusts have received further investigation this week.
Mr. John E. Searles, Secretary and Treasurer of the
Sugar Trust, has been called m a witness before the
committee appointed by our State Legislature for the
purpose of showing what evils Trusts have entailed on
the poor wage earner and consumer. The claim in
this case is that the Sugar Trust has destroyed compe
tition, curtailed supply and advanced the price of a
hading and general article of food. Mr. Searles’s ex
amination and the previous examinations bad by the
same committee do not seem to afford much encourage
ment to those ideas or to have advanced the effort to
establish what the committee set out to prove.
The facts thus far obtained by the committee may
be summarized a3 follows: (1) that the managers of the
Sugar Trust (the directors and men in authority) do
not own or control a majority of the stock; (2) th a t'
before the Trust was formed about one hundred men
owned and controlled the entire business of refining
sugars; now it is in the hands of over nine thousand
different shareholders; (3) that all elections of dir ctors
have been practically unanimous, presumably because
the knowledge and ability needed to conduct and carry
on the sugar refining business which has been secured
by the combination could not easily be duplicated; (4)
that the number of employees to-day engaged in the
buainess is as ]arge as it was before the Trust was
formed; (5) that the wages paid now b? the Trust are
about 10 per cent higher than they were formerly, and
work has been much more regular since the existence
of the combination; (6) that prices of refined sugar
are lower than they were anterior to the Trust orgaiization; (7) that the productive power of the refining
company has never been fully taxed, that it could sup
ply the consumptiou for the whole country if the oc
casion made it necessary; (8) that the company fur
nishes now about 80 per cent of the refined sugar con
sumed in the United States; (9) that the refining com
pany does not control the price of sugar, that it fixes
the price in no other sense than that it is able to
undersell competitors.
Of the foregoing the most vital point is the one of
price. If the commodity has not been made dearer to
the consumer by the combinatiou the chief contention
of the critic falls to the ground. Eipecially i3 this
true if the commodity has not only not been made
dearer, but has declined in price. In the matter of
refined sugar it is an unquestioned fact that the price
is lower, and if we except the three years from 1884 to
1886 inclusive, when the market value was below cost
a id large produceraof refined sugar failed—a condition
which gave rise to the Trust and made it a
necessity—if we except those years the price is not only
now lower but the refined product has declined faster
than the raw sugar. These are stubborn facts for
those to grapple with who talk about the harmfulness
of the Sugar Trust. In the face of such results is it
well for commercial interests, is it well for the com
munity at large, or for the individual, that the anteTrust condition of affairs should be prolonged or should
be restored—a condition which drives honest men out
of an industry, lia ls to the confiscation of a large part of
the capital employed in it, and the failure of some of
those whose refineries have been worked for a large
number of years, and would have ended if it bad been
prolonged in the failure of all except the few whose
factories were most a 1vauia'eously situated ?
F E B E U A 8 Y 13, 1897.]
TH E
C H R O N IC L E .
305
We never had any interest in or owned or held in men a number whose ideas are surprisingly biased or
any way a dollar’s worth of any of the securities of the dazed on the subject of capitalists and money-making.
Sugar Trust and are no more likely to put a dollar Within a week one of the best of them, while preaching
into any of them than we are to buy a ticket in a a sermon in this city, took occasion to mass rich men,
lottery. At the same time we are of the opinion that trusts and the “ greed of capital” in a confused way
the Trust as a form of conserving and concentrating capi as if there was a taint inseparable from a successful
tal and making it more efficient has been a benefit to merchant or banker who continued in active business
the individual, rich and poor alike, and to the country accumulating wealth when he had secured what the
as a whole. No doubt, whatever evils may Lave con public considered enough. We do not know what the
nected themselves or may connect themselves with this “ greed of capital” means applied in this general way.
form of organization should be eliminated when dis There are no doubt bad men among those who are rich.
covered; bat the mere fact that a trust is ably con But so long as wealth is honestly acquired, its
ducted and carefully managed, and makes money, ought acquisition is certainly not blameworthy, and no man
to be a subject for gratification rather than for unin knows or has the right to say that it is not wisely
administered.
telligent and indiscriminate criticism.
As we look at it, too, it is better for one’ s less pros
There is one other feature of the examination which
the Chairman of the Legislative Committee seemed to perous neighbor that the capitalist having accumulated
make over-much of and bring out with a good deal of enough to satisfy his wants should not go a-fishing the
relish. It happened that Mr. Searle3 made some money rest of his days, but should continue to keep his talents
out of a certain venture on the occasion of the forma and his money fructifying in active industry. In that
tion of the Sugar Refining Trust. The method of way he is helping keep the million employed.
organizatioa wai to capitalize each refinery about to
become a party to the combination at a figure upon
which it was assumed the refinery would be able to P H A S E S OF THE E U R O P E A N S IT U A T IO N .
earn a certain fixed per cent. On this general basis
We have frequently had occasion to notice the
the North River Refinery had been allotted $700,000 change, since this season a year ago, in the mutual
of certificates and the directors or trustees had agreed relations of the European Powers. The fact, how
to the proposal to take that amount for the refining ever, that the tone of public and private menace, the
stock. Just about the time the transfer was to be outbreak of popular hostility, has in so notable a de
accepted a trustee who hid been absent during gree subsided, does not by any means signify that dip
the negotiation cam > home from abroad and violently lomatic friction has wholly ceased. The conflict of
objected to the plan. Thereupon a meeting was held, angry feeling exhausted itself largely because of the
and as a result the directors resolved to accept a cash very violence of the outbreak; but the collision of in
olltsr of $325,000 from Mr. Seirles for their $700,000 terests necessarily remained. In the tangled threads
of certificates. As the company’ s business has up to of European diplomacy these interests are often e x
this time been remarkably successful, Mr. Searles’s tremely difficult to trace. It is safe to say that on
transaction has turned out extremely profitable.
many occasions, such as the present Turkish crisis,
But what has Mr. Searles’s profit or loss on his pur when the public has complained that immediate action
chase to do with the pnrposes of this investigation? was not taken, the trained diplomatist was held back
Of course the recital may excite the jealousy or envy by knowledge of serious obstacles of which the people
of less fortunate individuals and so give rise to bad at large had no knowledge whatever.
feeling and very incorrect conclusions. The Chairman
This view of the situation ha3 been somewhat
of the Committee intimated that the facts made out a forcibly suggested by two incidents of the pait week—
case of fictitious issue of capital. If Mr. Searles’s the development of a local crisis in the affairs of Crete,
evidence is correctly reported we cannot so understand and the public rebuke of Frauce by the Cnancellor of
the arrangement. The criticism we should be inclined the British Exchequer. The Cretan matter is a part
to make about that affair is that it was a very risky of the Turkish question.
Like Armenia, Crete has
venture. As the sugar refining business prospered Mr. been a recent scene of Turkish butcheries. Last May,
Searles made money. A similar transaction connected as a result of popular disturbances, the usual policy of
with the formation of almost any other trust in recent massacre was alopted by the Turkish garrisons, and
years would have ended disastrously. If it is the business the policy ha3 not yet been abandoned. Unlike the
of the Committee to display before the public the fortu Armenians, however, the natives of the Moditerranean
nate side of that class of operations, why not proceed island have taken up arms against their oppressor with
farther and give us a recital of the millions upon sufficient vigor to open the question who is to
millions of money that have been lost in equally prom continue in control.
Lord Salisbury achieved his
ising undertakings, so that the true and instructive diplomatic victory in the Armenian matter, and
moral can be drawn by the mass of readers. The brought the European powers into union, chiefly
parading of a tranasetion of that kind before the because no transfer of territory was contemplated.
public as if it had a close relation to the general sub The uneasiness aroused by the week’s developments at
ject, or chief weight in determining the question Crete had its basis in the feeling that such a transfer
whether trusts are an evil or not, may arouse might become inevitable. By geographical situation,
cupidity and prejudice, but does not help the judg by customs, history a id religion, the people of the
ment at all.
island are natural associates of the Greeks. Annexa
Unfortunately it is not alone leglslitive committees tion to Greece was demanded by the Cretans in their
that are eugaged just now in giving currency to the nearly successful uprising against the Turks in 1866,
idea that it is wicked to be licb, or that after a man has and it is commonly believed that they demand such
gotten money, it is sinful for him to use it in making annexation now- If Greece were at present a firstmore. There are among our active unselfish philan class European Power, the island would undoubtedly
thropists and among intelligent, broad minded clergy have long ago been annexed by fore). Tne rumor of
306
TH E
C H R O N IC L E .
the present week hai suggested the possibility of some
such action now.
On Thursday these reports became sufficiently dis
tinct to affect the security markets of all the European
cities and indirectly to affect our own. As is usual at
such times, the uneasiness was based less on definite
expectations of trouble than on doubt as to what was
to be expected. The outburst of the St. Petersburg
press on Tuesday accusing England of participation in
the Cretan trouble added to the perplexity of the pub
lic, But people are gradually learning that European
newspapers are not always the safest index to official
purposes, and later news indicated, as might have been
expected, that the concert of European Powers would
not be disturbed.
Another incident towards the close of last week
served to illustrate the character of the forces thus at
work below the surface. Ever since the British Gov
ernment a year ago ordered its troops to move up the
Nile against the dervishes, there has been intermittent
expression of discontent from France. The necessity,
however, of some such move for the protection of Egypt
from invasion has been so plainly demonstrated that
the French dissatisfaction seemed finally to have been
allayed. The matter had almost escaped the pub
lic mind when Sir Michael Hicks-Baach, Chan
cellor of the Exchequer, bluntly accused the French
Government last week Friday of unwarranted med
dling with the British plans in Egypt. Tne Chancellor
concluded a speech of considerable bitterness with the
declaration that France war largely responsible for the
present Egyptian situation, and that steps would
shortly be taken to prevent her further meddling with
Egyptian affairs and the Dongola expedition. A speech
of this character, not excited by publicly known de
velopments in the situation, created, naturally, some
thing of a sensation. In Parliament and on the se
curity markets signs of misgiving appeared immedi
ately. The opposition in the House of Commons
promptly objected to the attitude of the Cabinet’s
spokesman, Sir William Harcourt in particular, the
lealer of the Opposition, criticizing the Cnaicellor’s
declaration as “ dangerous language of menace and de
fiance.” The Paris newspapers, as was to be expected,
retorted angrily.
Yet, when the situation is reviewed, it is not difficult
to see what led up to this emphatic declaration. The
friction which has caused this public rebuke is nothing
new in European diplomacy. In the general movement
of European StateB during the last ten or fifteen years
to plant and maintain colonies on other continents,
the French took a hand enthusiastically. They were
not at all successful. They did, to be sure, ac
quire nominally some two million square miles
of territory— half of it in the heart of the
desert of Sahara—but they made little or no
use of their acquisitions. The expeditions of mili
tary conquest suffered occasionally the disadvan
tage such as rested upon the Tonquin expedition of
1884. When they avoided such accidents a 3 this
they became mere dead-weights on the colonial
department.
France,
in fact, never seemed to
be serious in its colonial enterprises.
They did
not even appear to be contrived, like the colonyplanting of the British Government, to create a new
community of consumers for domestic trade and manu
factures. The latest returns of import trade of all these
eolonies'eombined show that barely one-third the goods
broughtjinto such ports are goods of French production.
[VOL. LXIV.
Tnero has been no mystery about this failure tomeet the tests by which a colonizing power is meas
ured. France is notoriously unsuited for such achieve
ment. This is so chiefly because it has no surplus
home population out of which to build a tributary colony..
Since 1871, while Great Britain’s census has shown an
increase, in the face of continuous emigration, of seven
to eight millions population, or fully 20 per cent,.
France has increased barely two millions on a corres
ponding total.
At the present time, indeed, the
country’s population is believed to be actually smaller
than it was some years ago.
This is not a
condition favorable to colonial settlement. Five
or six thousand only is France’s recent average
of annual emigration, and nearly all of these
emigrants have gone, not to the colonies, but to the
United States and the Argentine Republic. But the
French themselves have been alow to recognize their
own inadaptibility to colonial enterprise. Of its acqui
sitions derived from the famous Afrioan partition of
1891 France has made virtually no use whatever ; ex
cept, if the complaint of the English newspapers is to
be believed, as a basis for occasional expeditions and
territorial claims along the Upper Nile. These claims
were never made by virtue of actual settlement, and
they invaded ground which constructively belonged
to Egypt. Two years ago a repetition of these annoy
ances invited a rebuke from an English cabinet
minister before the House of Commons quite as
emphatic as that of Sir Michael Hicks-Beach last
week.
There is ground enough for believing that the pres
ent episode is of similar character. The right of France
to protest, as in one way or another she has done,
against the British occupation of Egypt, is based on
the most shadowy plea imaginable. On the other hand,
continued Eoglish occupation of Egypt is all that hasstood during the last ten years in the way of the lapse
of Egypt into anarchy or its capture by native fanatics.
It had been calculated by the British Gsvernment
that the expenses of this latest expedition against the
native forces up the Nile would be met from the
Egyptian funds. The Chancellor of the Exchequer
had assured the House of Commons that the home
government would not be drawn upon for the purpose.
It appears, however, that the French Government in
terfered, using its influence on the “ mixed tribunal”
which controls the Egyptian debt to reject the British
Government’ s appeal.
The answer of Sir Michael
Hicks-Beach is that when the term of this tribunal ex
pires next year by limitation, the English Ministry
will take care that it is so reorganized as to prevent re
currence of such obstructive policy.
The bitter tone of the Chancellor of the Exchequer’s
speech was in fact the only reason why his statements
should have caused migiving. It is possible that Sir
Michael emphasized the cabinet’ s feeling on the matter
more sharply than the head of the ministry would have
wished. There is, however, no reason for supposing
that the speech could create any serious complication.
No such declaration is ever made in Parliament until
it has been thoroughly discussed in the cabinet. If
the speech is any indication of the general inter
national status of the European powers, it suggests
that harmony is assured.
No cabinet minister
would have risked such a public declaration
in the stormy days of January 1896; nor would it
have been ventured now if there were any chance o f
imperilling the concerted action of the Powers regard*
F e b r u a r y 13, 18«7.]
rH E
C H R O N IC L E .
307
ing Turkey. The fact tha: even the Paris newspapers AN ACT to Regulate the Profession of Public Accountants.
(B e ca m e a law A p ril 1 7 ,18P0. w ith th e app rova l o f th e G o v e rn o r. P a s s e d ,
th r e e -flfth s b e in g present.)
after two or three days of wrathful outbursts, have
S e c t i o n 1. Any citizen of the United States, or person who
subsided into a tone of rather submissive grumbling, has duly declared his intention of b e c o m i n g such citizen,
residing or having a place for the regular transaction of busi
is sufficient witness to the character of the situation.
A C C O U N TIN G M A D E A PROFESSION .
ness in the State, being over the age of twenty-one years and
of good moral character, and who shall have received from
the regents of the Uoiversitv a certificate of his qualifications
to practice as a public expert accountant as hereinafter pro
vided. shall be styled and known as a certified public account
ant ; and no other person shall assume such title, or use the
abbreviation C. P. A., or any other words, letters or figures
to indicate that the person using the same is such certified
public accountant.
Sec. 2. The regents of the University shall make rules for
the examination of persons applying for certificates under
this act, and may appoint a board of three examiners for the
purpose, which board shall, after the year eighteen hundred
'and ninety seven, be composed of certified public account
ants. The regents shall charge for examination and certifi
cate such fee as may be necessary to meet the actual expenses
of such examinations, and they shall report, annually, their
receipts and expenses under the provisions of this act to the
State Comptroller, and pay the balance of receipts over ex
penditures to the State Treasurer. The regents may revoke
any such certificate for sufficient cause after written notice
to the holder thereof and a hearing thereon.
S e c , 3.
The regents may, in their discretion, waive the
examination of any person possessing the qualifications men
tioned in Section 1, who shall have been, for more than one
year before the passage of this act, practicing in this State on
his own account, as a public accountant, and who stall apply
in writing for such certificate within one year after the pas
sage of this act.
Sec. 4. Any violation of this act shall be a misdemeanor.
Sec. 5. This act shall take effect immediately.
The “ New York Times” of last Sunday in its
financial columns had an interesting interview with
President Fowler of the New York Ontario & Western
bearing on the system employed by that company of
having an independent audit of the accounts, and
which has been a feature of its affairs for a good many
years. The Ontario & Western was one of the first
companies in this country to follow the English prac
tice in this respect, and Mr. Fowler explains the
methods employed in carrying out the system in the
case of his road, and also descants on the merits and
advantages which an audit of the accounts offers in
the affairs of railway corporations generally.
The part of Mr. Fowler's remarks which has partic
ularly arrested our attention is the closing portion,
where he is moved to make the following observations:
“ As the independent audit plan becomes more general
its value would be largely extended if the certificates
The provisions of this act should be very carefully
of public accountants were given some proper legal pondered. It will be observed that in effect it estab
recognition, or were the status of public accountants lishes the profession of public accountants, for prev
recognized, somewhat as chartered accountants are in iously neither the science of accounting nor those who
England, their duties, privileges, and particularly their had made a specialty of it had any legal standing. The
responsibilities, being clearly defined by law.”
new law creates a body of persons who both legally and
Mr. Fowler gives expression here to a thought which by their attainments may with perfect propriety be
has no doubt occurred to many others who have studied called certified public accountants. The requirements
the matter or reflected upon it. If an audit of the of these accountants are made quite strict. Besides
accounts is to be worth anything it must be conducted being of age and of good moral character, they must
by persons of proved skill and ability, as also of un - have received certificates from the regents of the U ni
questioned character and integrity. A person having versity of their qualifications to practice as public ex
only an imperfect knowledge of accounting, or no pert accountants.
Furthermore it is distinctly
knowledge at all, and who yet undertakes to certify to provided “ that no other person shall assume
the accuracy of the accounts of a corporation or Jan such title,
or use the abbreviation 0 .
P.
estate or an individual, must inevitably bring dis A. or any other words, letters or figures to
credit on himself and the profession. It has hence indicate that the person using the same is such certi
often seemed to us that the present system, under fied public accountant.” Then also any violation of
which any one can style himself an accountant, of the act is made a misdemeanor. The regents are re
fered quite as abundant opportunities for harm and quired to prescribe rules for the examination of per
mischief as for good. Certainly it opened the’ way to sons applying for the certificates, and may appoint a
irregular practices fully as dangerous as the irregulari beard of three examiners for the purpose, and this
ties which a system of audit is intended to correct and board after the year 1897 is to consist wholly of pubiic
prevent. In England this weakness has long since been accountants. Moreover, the regents may revoke any
overcome through the establishment of the so-called such certificate for sufficient cause after written notice
chartered accountants.
to the holders thereof and a hearing thereon.
It seems to have escaped notice (except on the part
Section 3 of the act allows certain temporary devia
of a few) that in this State also a very decided step tions from the requirements laid down, with the inten
has been taken in the same direction. At the last tion evidently of bridging the period from the old con
session of our Legislature at Albany a very important ditions to the new. The regents may “ waive the
law was passed regulating the practice of 'accounting examination,” but it is to be observed that their doing
in New York State. While the new statute, > 3 stated, so is “ in their discretion,” and this discretion can
has not yet received a great deal of attention here, only be exercised in the case of a person possessing the
strangely enough its importance i3 recognized at points qualifiea'ions mentioned in the first section, and who
a great way removed from New York.
For instance, shall have been for more than one year before the
last November Mr. Sidney J. Haydon, a well-known passage of the act practicing in this State on his own
accountant of Louisville, contributed a two-column account as a public accountant. Finally such person
article to the “ Courier Journal” of that city, noting must apply in writing for his certificate “ within one
the change, and dwelling upon its significance and far- year after the passage of this act.” As the act was
reaching effects. The new statute forms Chapter 312 approved on April 17 1896, this section will apply
of the Laws of 1896, and received executive approval only for a short time longer— that is, until April 17
in April last. Its title is “ An Act to Regulate the 1897.
Profession of Public Accountants,” and in view of its
It will thus be seen that the new law is a very
importance we give it herewith in full.
important one, and that it regulates completely the
308
TH E
C H R O N IC L E .
practice of accounting, to that this useful function
■hall be escrowed only by persons perfectly qualified
for the task. It raises the profession of accounting,
too, to a high plane. No doubt many imagine that
bookkeeping and accounting are syuonymous. But
that is not so, even in a restricted sense. Of course, to
be an accountant presupposes a thorough acquaintance
with the methods of keeping books, but that is about all
the relation that exists between the two. Mr. Ilaydon,
in thecommnnication to the “ Courier Journal,” already
referred to, brings out the distinction very clearly when
he says: “ A knowledge of bookkeeping only admits
one to the threshold of the soience of accounts— a sci
ence which broadens wonderfully with experience and
the study of the underlying principles by which the
complications of trade and finance are reduced to their
simplest terms. For the true accountait seeks to free
his work from the bugbear of useless technicalities,
and aims to make his audit Buch a mirror of the essen
tial operations and conditions of the business under
analysis that it will prove clear and self explanatory
to any intelligent reader.”
Obviously as far as the new lawhas any bearing upon
the practice, which is growing among corporations, of
havingan independent auditof the accounts, the effect is
simply to insure that where accountants are employed
for the purpose they shall be thoroughly competent for
the work. In that sense the usefulness of an audit is
increased, but it should always be remembered that
even under the best of conditions accountants’ exami
nations are subject to certain limitations, and that such
examinations by no means provide a remedy for all the
ills of corporate management. Bat we have discussed
that phase of the subject on previous occasions and
need not enter upon it again to day. It is gratifying
to think that throngh the new law the full measure of
the advantages that can be got out of the system will
be obtained from it.
Of course the law in question is simply a State
statute, and therefore has no application outside of
New York. Bat the event marks such an important
departure and is so clearly in the interest of honesty
and accurate methods that there seems little reason to
doubt that now that New York has taken the lead
other States will soon be compelled to follow.
CONCESSIONS I N
RATE S THROUGH
THE
C R E A T IO N O F OUTSIDE COMPANIES.
The fall text of the decision of the Inter State Com
merce Commbaion in the case which attracted so much
attention last summer relating to the alleged practices
of the Atchison, the Chicago & Great Western and
others in the matter of the transportation of grain and
grain products has been furnished this week. The
opinion is not lengthy, but the Hidings of the Com
mission are important. The decision was arrived at
two weeks ago, and a brief synopsis of it given to the
press at the time; it is desirable to kuow, however, the
process of reasoning employed by the Comini-sion in
reaching its conclusions.
The case derived its importance from the develop
ments which ocourred during the course of the investi
gation Into the matter undertaken by the Commission.
It will perhaps be remembered whit a sensation wa3
created, when President Stickney wa3 testifying, a his
frank avowal that the Chicago Great Western Railway
in order to get grain tonnage for transportation over
{VOL. LX1V,
its lines, had indirectly been engaged in the business
of buying and selling grain, the agency employed for
this purpose having been a company in which the
Great Western had exclusive ownership. Tne question
was whether this practice, considered in all its bear
ings and its ultimate effects, was legal, or whether it
transgressed the provisions of the Inter-State law ? It
was generally expected that the Commission would de
cide against the road, and this view proves to have
been correct.
The object of the Great Western mvnagemsnt of
course was to get business, and ia the arrangement in
question they obviously thought they had hit upon a
plaD for attaining their end without contravening the
statute. In giving the details of the arrangement
Commissioner Prouty, who wrote the opinion of the
Commission, points out that some time previous to
April 1 1896 President Stickney made an ex
tended investigation into the condition of the
grain traffic and grain rates between Kansas
City and Oaicago. As a result of that inves
tigation he had satisfied himself that if one com oaiy
had enough of that traffic so that it could increase the
size of its cars, haul loaded cars both ways, and in
general handle the grain to the best advantage, it
could be done at a profit; and he had also satisfied
himself that in the existing s ate of rates a id of traffic
conditions this could not be done without the adoption
of some expedients other than those in use by other
railroads. Accordingly, he employed a Cnicago com
pany engaged in the handling of grain and provisions
and known as the Anglo-American Provision Com
pany, to purchase grain in Kansas City, and after
shipping it over the lines of the Great Western
to sell it in Chicago.
The amount paid the
railroad for transporting the grain was the difihrence between the prices i i the two markets. Ia
practice the operation, however, was not as simple as
here described. The difference between the prices ia
the two markets (after deducting the commission for
purchase and sale) was passed, not to the railroad, bat
to the Iowa Development Company, this latter being a
corporation organized for the purpose of holding cer
tain lands belonging to the Chicago Great Western
Railway Company, and whose stock was all owned by
and whose management was the same as that of the
Great Western. Oa the other land, the Anglo Amer
ican Company paid the freight o i the shipment by
means of a drafe upon the D>vel>pment Company,
which the local agent, acting under instructions from
the railway company, received and treated as a cash
payment of the freight.
The practice began April I 1896. Commissioner
Prouty says it did not appear what the Development
Company did with the funds so passed over to it for
the time being, but it did appear that no settlement
and payment of the freight to the railroad wis male
for over three months, or until July 7 1896. Tue
practice in the case of other shippers was to ex set cash
payment of the freight bills, though in some instances
large shippers wore permitted to m*k> weekly settle
ments. The amount paid over to the Divelopmen1;
Company as the difference bstween th< prios i i the
two markets averaged for the three mo iths succeed
ing April 1 about 10J cents psr 100 pounds for
all the grain so handled.
Tne rate so icified
in the way bills upon which the grain was
carried, and which, as already stated, wis paid
by drafts upon the Iowa Development Company,
F e b r u a r y 13, 1897.]
THE
C H R O N IC L E .
ranged from 11 to 18 cents per 100 pounds.
These latter are the rates which other shippers would
have had to pay. At the time of the settlement be
tween the Development Company and the railway,
after the beginning of the complaint, the difference
between the nominal rates at which the grain had been
carried, that is the amount of the drafts drawn on the
Development Company and the actual amount of
money received from the Anglo-American Company,
was about $15,000, and the Development Company
then borrowed that sum and paid the railway company
that balance.
The question, as already said, was whether this ar
rangement was legal, or whether it was in contravention
of the Inter-State law. The Commission says that the
President of the railway in substance admitted, and the
Commission finds as an inference of fact from the testi
mony independent of his admission, that the scheme
was devised and entered upon by the railway, for the
sole purpose of procuring grain for transportation;
that the only purpose or use of the Djvelopment Com
pany wa3 to act at the bidding of the railway in
furtherance of this plan, and that neither it nor
the railway company had any bona-fide intention
of dealing in the grain so bought any further than
might be necessary to secure the same for transporta
tion over the lines of the railroad. The result was
that, although there were five other railway lines d i
rectly competing for this traffic between Chicago and
Kansas City, many of them shorter and better equipped
than the Great Western, that company carried, for
the period covered by the investigation, nearly 70
per cent of all the corn moved between the two
points.
The railway company, the Commission points out,
admitted the facts substantially as above found,
but claimed that in doing what had been done it had
not violated the Inter-State law, and that therefore
the Commission had no power to interfere with the
practices complained of. Por, first, it was contended
the Iowa Development Company owned the grain and
paid the same charges that any other shipper would
have paid, and if it lost by the transaction, or if the
railway company, indirectly through its stock owner
ship lost, it was no affair of the Commission; and
second, assuming that the Development C unpany was
not the owner of the grain in fact, but the railway
company owned it, still the railway company might
transport its own property for a less sum than
that for which it transported the property of other
persons.
Replying to these arguments, the Commission says :
“ The Commission is unable to yield its assent to
these propositions. Assuming that the Development
Company wis an entity in these transactions, that the
legal title to the grain actually stood in it, and that
the nominal freight charges were actually paid by it,
still it was merely a tool in the hands of the railway
company and the act accomplished wa3 the act of that
company.
The railway compiny furnishei the
credit by accepting drafts in payment of its
freight charges; it suffered the whole I033 by virtue of
its ownership of the entire stock of the Development
Company. It was precisely as if the railway company
had said to an individual: Buy this grain; ship it by
our route, pay the freights and we will mike good to
you whatever I 0 3 3 occurs in the transaction. It may
not have been a special rata or rebate, but it wa3 clearly
a ‘ device,’ by which it transported this merchandise
309
for a greater or less compensation than it exacted
from all other persons for a like and contem
poraneous service under similar circumstances and
conditions.”
If the transaction be treated as the transaction of the
railway company, the result is the same. In that case,
argues the Commission, the railway company owned
the grain, transported it for itself, and received for its
compensation the difference in price bit ween what was
paid and what it sold for, less the commissions. Tuere
was no fixed rate. The rate varied with each individual
shipment. The rate actually received was m 1 ;h les s tha r
was or would have been charged any other person for the
same service under the same conditions. I i the esti
mation of the Cemmissiol, therefore, the transaction
was both a violation of the 6th Section and an unjust
discrimination under the 2d and 3d Sections, un
less the rad way company, by virtue of the fact that it
owned th9 merchandise transported, wu relieve!
from the operation of the Act, which the Commis
sion holds it was not. “ Granting that the railway
company had the legal right under its charter
to buy and sell this corn in this manner, still
it must own it and transport it subject to the
same limitations a3 every other individual.
In
its capacity of owner, it was a private person; in its ca
pacity of carrier it was a public servant. If it elected
to become a private individual in respect of the owner
ship of this grain, it could extend to itself in its ca
pacity as a public servant no other or different privi
leges than it extended to every other shipper. To hold
that this respondent might become a shipper on its
own account for the express purpose of avoiding the
Act to Regulate Commerce would be to nullify that A ct
in many essential respects.
But how does the present case differ from the cases
of the anthracite coal companies, where the companies
both own and transport the coal, and upon the leg
ality of which practice the Commission has
been obliged to pass in some previous decis
ions. The Commission anticipated this question,
and replies to it by saying that the coal cases are in no
respect similar to that under review. In the anthracite
decisions, the common carrier was also the owner of
extensive coal fields, and indeed it ha l become a
common carrier largely for the purpose of transporting
the product of those mines to market. But “ this
state of things existed before the passage of the Act,
and had no reference to the Act.
Uoless the
carrier was permitted to
transport its coal,
the result would be in effect the confiscation
of its property, and to order it to charge itself with a
particular rate would merely result in a matter
of book-keeping.
Under these circumstances it
wa3 held that the only remedy was to inquire
whether the rate charged the complainant was
a reasonable one. In the case under considera
tion the grain was not property which the carrier
had purchased for use in or about its business, or
with a view to its ownership, but was property which
it had bought for the express purpose of securing the
right to transport it, and thus evade the law which
would have applied to its transportation had it been
owned by any other party. In those cases there was a
permanent condition which must be met; in this a tem
porary unlawful practice which should be stopped.
We believe that the powers of the Commission are
adequate to that end and that they should be
exercised.”
rHK CHRONICLE.
310
[VOL. LX1V.
sions, while the late season it was of oaly ordinary
Ia corn also there was a heavy decrease,
the receipts at the Western points in the four weeks
this year having been less than 10 million bushels,
against over 134 million bushels last year. The dim in
ution hero must be ascribed to the low prices prevail
ing for corn. It is to be noted that Kinsas farmers
have fared better in this respect than those of some
other Western S ates. This arises out of the fact that
the shortage in New Mexico and Texas bai created a
special demand on that State. As a consequence the
Kinsas producer now gets 15 cents a bushel for his
corn delivered at the station, while in Nebraska and
Iowa the price realized is only 10 to 12 cents. The re
ceipt* of oats were larger in the aggregate, but that is due
to the liberal shipments to Minneapolis and Duluth ; at
both Chicago and Peoria there has been a considerable
falling off. In the aggregate of all kinds of grain the
receipts were 29,759,306 bushels in 1897 against 37,257,732 bushels in 1896. Below we show the details
of the grain movement.
R A IL R O A D GROSS E A R N I N G S I N J A N U A R Y . dimensions.
Many persons looked forward to a very decided im
provement in railroad earnings with the beginning of
the present calendar year. But this expectation has
thus far been altogether disappointed. We have com
piled our statement for tho month of January, and it
has to be classed with the poorest monthly exhibits we
have had in the present downward movement. Oat of
the 129 roads which have contributed returns to our
tables 92 show losses, and the falling off in the aggre
gate reaches over 2} million dollars— $2,543,101— or
6*78 per cent.
Tne causes for this unfavorable exhibit have been
numerous. In the first place the revival in business
has made but slow progress. List year in January,
trade, while already on the down gride, was yet of
large proportions. Then again we are comparing with
heavily augmented earnings in 1896, our statement
then having been one of the very best in a long time ;
the gain amounted to $3,732,443, qr but lit la short of
11 per cent. Furthermore, there was one less business
day in the month the present yea-, it having con
tained five Sundays, against only four Sundays in
January, 1896. Then there was a large contraction in
the grain movement, and also a falling off in the
live stock movement. Fically, the weather conditions
were adverse to the railroals in some instances. There
were no general snow blockades, such as in some past
years have almost closed mmy of the Western lines.
But nevertheless, on the tran3 Continental lines on
the extreme north operations were interfered with.
This is particularly true of the Great Northern system
and the Northern Pacific, where high winds drifted
the snow badly and seriously interrupted operations in
the middle and latter part of the month. The remark
applies particularly to that portion o f . these liaes
in the Dakotas and Montana, though we understand
the conditions were unfavorable along marly the whole
length of these systems, from Lake Superior to the
Pacifio Ocean.
In Kaneas, too, and some other
Western States the weather proved a hindrance to
some extent. Last year, in January, Western roads
were unusually free from obstructions of any kind.
The following enables a comparison to be made be
tween the totals for this year and those for previous
years.
/4 n tM ry .
l*8J :u<9 road
M M UX3 r o w U ) - . .. .
H i t r o a d .)......
I-U-IUSI r o w ),).......
1-W7 lU V r o M i i .......
M UM«r.
Ymr
Year
W wn.
Preceding
Milt*
Miles.
06.951
101,054
98,878
»5 .t7 l
01.178
03.80J
100.739
93.293
94.708
Barm nop
Year
F«ar
Given. Preceding
1
89.215.791
SI.-' 28.101
86,871.074
87,680.489
8I.977.62W
Increase
or
Deere*.se.
1
$
37.319.283 I n c . 1^96,508
30,347.999 Dec. 4.819,H53
38.8w7.292 Dec.
26,618
88.954,041 Inc. 3.732.448
87.620.730 Dec. 2,548.161
The falling off in the grain movement has been
mainly in wheat, but it has also extended to some of
the other cereals. Of wheat the receipts at the West
ern primary markets wore only 5,807,546 bushels in
the four weeks ending January 30 1897, against 10,558,325 bushels in the corresponding four weeks of
January 1896. Both the winter wheat and the springwheat markets show losses, but the contraction haB
been chit fly at the spring wheat points; thus at Min
neapolis the receipts were only 2,922,020 bushels
agiinst 6,524,120 bushels, and at Duluth 925,436 bushels against 1,408,359 bushels. The shrink
age in these cases is of course easily explained.
It is due to the fact that in the previous year the
spring-wheat crop had been of extraordinary dimen
R E C E IP T S O F F L O U R AN D G R A IN F O R F O U R W E B K 8 E N D IN G J A N U A R Y 3 0
Flour.
(55!..)
'hicaqo—
1897.......................
1896.......................
Wheat,
(.bush.)
Bariev,
(bush.)
(bush.)
Corn,
Oats,
(.bush.)
8.1SR.86.') 1.277.627
?.007,87i> 1,302.906
R\e,
(bush.)
181,411
315.462
541.231
749,880
4,014,348
7,941,741
257,650
253,950
415,397
570,850
48,100
135,850
371,000
6S2.000
939,545
1,081,160
202,990
78,4<0
F2.-JD5
97,027
384.25
627,720
1.944,682
1.210,600
720.456
Odl.eOO
201,750
219,99 u
21.700
8,418
L897.......................
1896.......................
3,82
.‘•,909
167,291
193,100
969,641
843,400
23.131
11,300
L897.......................
189 tl.......................
6,250
10,710
89.742
78,78?
147.091
229,266
81,7791,928
3.296
2,755
S3,2 77
159,328
39.231
61,561
77,094
70.86*
22.850
25.0a0
86,400
159,000
1,593.700
2,865,600
757.500
1,376,460
168,500
259,000
15,000
19,200
925,436
1,408,350
4,181
55.4$;
823,160
105,074
251,511
12,780
190.221
9,795
2,922,0<I0
6,521,120
255,250
228,900
1,272,830
242,500
88,180
910,150
26.900
227,600
I 7 ,lt3
1(V,5581326
13;589>24
9.9KM 62
2.’ 97 7.0c 8
215.768
Milwaukee—
1897.......................
L896 .....................
4f, Lout#—
1897.......................
I89c5.......................
niedo—
•nroil—
tfleociand—
L897 .....................
L89cJ.......................
"o rta —
1897.......................
1896.......................
*UlUth-
1897.......................
1896.......................
Minneapolis—
1897.......................
1890.......................
9,748
Kansas Citu—
1897.....................
1896.......................
187.693
97.880
17.165
4.0C0
61,179
102,082
Total of all—
1898.......................
6i0,8«3
At Chicago the receipts for the even month were
only 12,815,817 bushels in 1897 against 18,523,425
bushels in 1896. The provisions movement also at
this point was smaller, though on the other hand the
receipts of live hogs were 763,904 head against 707,692
head. The live stock receipts as a whole reached only
23,337 car-loads, against 25,496 car-loads in 1896,
26,882 car-loads in 1895 and 28,005 car-loads in 1894.
RECEIPTS AT CHICAGO DURING JANUARY.
Ileceipts.
vrheat.bush.
C o rn ...b u sh .
O a ts., bush.
R y e ., .bu sh .
B arley.bush.
T o ta l drain
f lo u r ., bbls.
Pork. ...bbls
Cut m’ ta.lbs.
Lard.......lbs
U rehojraN *
1897.
1896.
564.437
4.210,208
6,612.202
195,373
1,333.537
677,530
8.437,679
7,762,887
104.680
1,310,749
792,502
4,300.489
8,429.444
128,294
1,043,916
1.786,665
9,063,137
4,879,721
104,667
1,177,442
12,815,817 18,523,425
188.328
222.227
106
222
12.248,365 17,030,780
0,511,78.
7.791,701
763,901
707,698
9,754,644
167,183
632
14,467,072
7,191,395
878.116
17,050,532
402.970
1,436
10,687,612
6.144,169
787,881
1896.
1894.
1893.
4.966,130
4,809,< 26
5,31-9.674
188.513
1,441,130
1892.
1,672,474
3,911,120
4.322,071
347,340
1,473,928
16,2>-4,482 11,720,089
420,074
530,310
286
2,204
12,040,706 21,825,871
0,403,308 10,506,077
596,312
977,334
In the South the cotton movement was heavier than
a year ago, the receipts at the outports reeching
583,231 bales, against 494,091 bales last year; it will be
observed from the table which follows, however, that
the total was much below that of 1895, when the
receipts were 857,075 bales.
The overland shipments
amounted to 127,613 bales in 1897, against 119,780
bales in 1896 and 186,173 bales in 1895.
THE
F e b r u a r y 13, 1897.]
RECEIPTS OF COTTON AT SOUTHERN PORT
,
,
and
1395 1894 1893
C H R O N IC L E .
8 IN JANUARY, 1897, 1896
1892.
J an u ary.
G a lv e s to n ................bales
T e x a s City, A c ..............
New O rlean s—..................
M obile..................................
F l o r id a .............................
Savannah.............................
B run sw ick. A c .........—
C h arleston ...........................
P ort R oyal, A c ................
W ilm in gton ........................
W ash in gton , A c ............
N o r fo lk ................................
W e s t P oin t, A c...............
T o t a l...........
1893.
1897.
1890.
1895.
1894.
114,908
10.807
214 955
38,234
10,088
77,831
10,028
25,870
5.584
17,274
94
49,430
1,604
83.851
18.383
186.048
30,696
3,193
00,094
6,736
23,582
3,818
12,384
77
54,205
11,010
217,601
2,90:
323,608
33,768
1,415
85,248
22,507
43,827
22,777
15,103
08
53,498
34,627
90,8!4
3,12s
251,162
25,340
0,113
69,239
583,231
494,091
857,075
618,223
0,610
30,172
5,297
18,134
31
50,7.'4
35,424
1892.
86,37;
3,462
190,375
13,451
4,727
43,355
10,094
11,850
95,537
7,
283,438
18,1
2,727
59,780
18,221
8
12,551
82
10,875
11,343
9
3
404,541
597,-
5
7
1
6
311
In the South the losses largely predominate, notwith
standing the increased cotton movement, but it should
be remembired that these roaIs last year almost uni
formly had large gains in face of a very small cotto n
movement. The result would seem to show that to
these roads, as to others, an active condition of trade
is of more consequence than a large cotton movement.
E A R N IN G S O P S O U T H E R N G R O U T
1896.
1897.
January.
1
Ches. A O hio.........
G eorgia ..................
K an.C.M em .ABir.
Loulsv. A N ashv.
Memphis A Char..
M obile A O h io ...
Nash.Chat.A 8t,L.
N orfolk A West.2)
S o u th ’u R a ilw a y.
1895.
1894.
1893.
1892.
$
*
$
»
t
781,104
750,070
940,125
737,956
764,500
120,232
154,284
108 498
133,439
116,751
113,788
a llO 275
92,711
110.611
99,487
1,088,537 1 002,102 1,654,610 1,857,609 1,581,584
113,335
144,420
122,015
86,23 *
120,299
299,921
270,699
293,841
300,032
285,178
433,462
463,598
382,804
411,774
397,878
i 867.906
822,199
788,154
700,208
683,7 <7
l,e44,070 1,490.297 1,512,157 1,625,610 1,518,888
9(0,474
144,986
al09,890
1,007,045
♦111,822
323,771
+403,5 8
832,928
1,571,168
6.005.080
T o t a l ..
6.310.791 5,042.047 5.7*3.901 5,932,852 6.574,887
or those in the manufacturing sections. The
a Figures h ere f o r 1897 and 1890 are sim p ly th e to ta ls o f th e earn in gs f o r t h e
York Central has $338,023 decrease, the St. Paul fo u r w eeks o f th e m o n th as re p orted in th e w eek ly r e tu r n s ; t h e m o n t h ’ s
earnings usually e x c e e d th e w eekly estim ates q u ite con sid erably.
b In clu d in g S cio to V a lle y A N ew E n gla n d and Shen an doah V a lle y f o r all t h e
$319,175 decrease, the Northern Pacific $227,517 years.
Fourth w eek o f Jan uary n o t rep o rte d ; taken sam e as la st year.
decrease, the Rock Island $162,078 decrease, the +• January
not re p o rte d ; tak en sa m e as la s t year.
t Figures are a p p roxim a te, sam e as f o r th is year; a ctu a l ea rn in gs w e re la r g e r .
Canadian Pacific $161,798 decrease, the Wabash $141,The trunk lines, as far as we have returns from
748 decrease, the Illinois Central $104,522 decrease,
etc. The large gains are few, being confined to the them, show in most cases moderate losses. The New
York Central, however, has a.decrease of $338,023, or
Mexican roads and one or two Southwestern lines.
nearly
10 percent. On the Big Four the decrease is
PRINCIPAL CHANGES IN G R O S S EARNINGS i n J A N U A R Y .
D ecreases.
In c re a se *.
$50,127, or less than 5 per cent.
$ 2 4 9 ,6 4 6
54,393
3 5 ,5 1 6
3 3 ,5 0 0
Mexican Central.
K an. City Pitts. & G olf
Georgia s A la b a m a ....
Mexican Railway*........
Total (representing 4
roads).......................... $ 3 7 3 ,0 4 5
D ecreases.
K. Y . C e n tr a l.................
Ohio. Mt). & 8t. Paul. .
Northern Pacific.. . . . . .
Chic. Rock Ial.
Pao..
Canadian Pacific...........
W a b a s h ...................... .....
Illinois Central...............
Burl. Ced. Rao. & No’n
Louisv. & Nashville . . .
Gt. Northern...................
Oregon RR. & N avlg’n .
$ 3 38,023
319 ,1 7 5
227 ,5 1 7
162,079
161,798
141,749
104,522
93,6 0 0
81,492
81,066
75,6 8 5
Southern R ailw ay.........
Denver A Rio G rande..
Clev. Cln. Obic. A St. L ..
Mo. Kan. A T e xas.........
Norfolk A W estern........
Lake Erie A W estern..
Iowa Central...................
Min, St. P. A S . 8. M a iie
Missoni i Pacific.............
St. Lonis Southwestern.
Chic. Great W e ste rn ...
Chesapeake A O h i o ....
Grand Trunk...................
Duluth So 8h. A Atlan.
Grand Rapids A I n d ...
Kan. City Ft. 8. A Mem.
Elgin Jol. A E a ste r n ...
$72 ,9 0 2
7 1 ,1 0 0
50,1 2 7
57,1 3 9
55,0 4 0
50,598
4 9 ,3 0 7
49,128
46,000
42,450
41,1 2 5
39,651
38,091
35,283
34,610
32,8 2 2
30,9 3 7
1897.
1896.
1895.
1894.
1
t
*
*
8. A 0 . S.W | 480.891
Oh. A Miss.
1,068,133
C.C.C.ASt.L
G.T.of Can.
1.318,778
846,329
Ch.AG.T...
74,306
D .G .H A M .
3,139,943
N.Y.C.A H.+
835,057
W abash....
T o ta l.........
7,141,836
1893.
1892.
$
236,300
359,5751,100,015
1,424,001
320,154
86,096
3,821,800
1,128,100
7,896.848
7,975,301
490,151
601,770
1,102,200
1,351.809
207,977
71,775
3,477,906
970,805
1,053,014
1,269.109
190,669
68,818
3,160,709
906,997
i
495,706 ( 223,030
« 308,39*
940,212
1,000,700
1,358.248
1,428,863
236.320
207,370
81,343
71,758
8,171.097
3.456,344
1,003,829
905,158
7,744.803
7,136,752
7,178,506
f In clu d es R o m e W a te rto w n A O gden sbu rg f o r all th e y ears
Total (representing 33
roads).
EARNINGS OP TRUNK LINES
Jan uary.
$ 2 ,5 8 2 ,8 4 4
The other roads in the Middle and Middle Western
States (apart from the trunk lineB) also record only
In the Northwest, on account of the contraction in moderate losses as a whole, aid several of the lines are
the spring-wheat movement, the losses are more gen able to report improved earning!; but it is to be noted
eral than in any other group, there beiDg indeed only one that the bituminous coal roa is have done quite poorly
road with an increase. The unfavorable comparisons, as a rule.
however, follow mainly from the fact that the gains in
EARNINGS OF MIDDLE AND M IDDLE WESTERN ROADS.
that seciion the previous year had been exceptionally
1893.
Jan w iry.
1894.
1892.
1867.
1896.
1896.
heavy. Thus in the table below the total for 1897 at
1
t
*
t
*
93,345
93,331
85,650
77,045
82,994
71,448
$5,110,809 compares with $5,918,638 in 1896, but with A n n A r b o r ............
Bn IT. R o c h . A P itt.
215,09<
255,915
218.298
23?.2( 8
236,891
218,714
$4,867,145 in 1895.
Chicago A B ast. 111.
853,603
338,378
361,422
333,957
304,183
311,574
* F or three weeks only.
EARNINGS OF NORTHWESTERN LINES.
J an uary.
1897.
1890.
1895.
1894.
1
299,107
317,028
1
392.707
358,153
«
279,711
247,416
*
302.101
25 ,993
4.807.145
5.330.102
B u rl.C ed .R .A No.
Ohio. G t. W e s t ....
Ohlc.M il.A St.P. > 2,010,447 2,329,022
M llw au.A N o.. )
Ohlc. R . I. A P ac. 1,020,806 1.182.881
D uluth 8.9 .A A ti.
132,810
97.583
G reat N orthern..
1,031,415 1,112,481
Io w a C en tral.......
118.165
167,472
M lnn.A St. L ou is.
125,673
145,^78
Bt. Paul A D uluth
90.035
90,626
T o t a l.................
5,110,809 5.918.038
1893.
1892.
1
1
324,617
331.811
373.031
355.274
1,894,379 2,154,822 i 2 555,1+2 2,420,917
117,507
l 131,578
1.124.S9I 1.312.505
1,380,150 1,262,515
118.650
103.970
141,900
128,685
881,938
837.127
963,102
1,067,155
118,407
149,957
173.050
152,056
119,142
120.666
120.925
122,403
121.402
82.7C8
90,159
131.493
0.384.757
0.027.184
In the Southwest there is somewhat more irregular
ity than in the other sections, the losees and gains
beiDg almost equally divided.
EARNINGS OF SOUTHWESTERN GROUP.
January.
1897.
1890.
D en.A RIoG r.
In t.A G t. N o..
K.C.F.3.& M ..
M o. K. A T ex.
M o.P .A Ir.M t.
Bt. J os.A G .L .
Bt.L. Bouthw.
T e x a s A Pao.
*
476,800
274,797
307,*23
959.562
1,810,000
73.SS0
395 800
618,987
I
517,900
270,909
340,145
1,010.691
1,862.000
48,903
488,260
000,492
T o ta l............
4,918,019
6.131,590
1895
1894.
1893.
1
f
5.31,516
530.008
823.700
291.057
850,746
493,704
953,004
719,648
1.707,138 1,850,139
07.444
48,247
865,84s
464,461
050,949
008,794
1
748 010
408,07 7
479,008
73’ ,033
2,203,527
97,900
436.903
032,048
5,032,364
4,837,240
5,803,372
1892.
*
720,342
289,597
464,068
022,053
2,087,978
351,874
645,695
Chic. A W e s t M ich.
Col. H . V. A T o l..
D e t.G r.lta p.A W es.
B v an sv.A T erre H.
Flint A P. M a rq ....
Gr. Rap.A In d .........
Illin ois Central ♦..
Lake B rie A W e st.
L o n g Island............
Lou .E vans.A St.L.
N. Y . O ut. & W est.
Plttsb’g A W est’ n.
Tol. A O hio C e n t ..
Tol. P e o . A W e s t ..
Tol. 8t. L. A K. C.
W est, N. Y. A Pa..
W heel. A L. E rie ..
a94,2S9
178.097
a80,0l4
81,045
201,025
100,716
1,816,107
251.610
200,408
U 0, -97
246.860
158.557
139,121
71,093
172,443
211,300
75.838
127,879
a 100,913
117,187
114,002
109,310
202,034
186,589
278,427
204,603
247,590
94,414
a?5.784
82,449
83,971
75,48?
93,395
98.300
85,179
69,975
74.732
230,2! 1
229,133
175,041
242,108
177,13‘
220.555
217,061
201.350
172.108
179,400
1,920,629 1,717,707 1,003,332 1,684,774 1,618,403
271,608
286,270
302,117
209,289
234,008
220,030
2 6.901
226,479
210,200
226,? 86
150,215
100,653
110,09?
60,000
109,800
207,488
201.289
270,725
257,099
272.200
154,352
144,913
179,(59
100,003
159,638
140,424
108,246
142,143
141,360
118,372
88,367
88,496
72,485
81,444
79,671
91,3
165,405
110,44 3
150,313
165,535
249,604
2C ,-48
278,334
217,217
199,178
97,878
112,792
100,680
90,027
89,037
T o t a l................ .
4,924,726
5,292,941
4,858.339
4,500,642
5,259,265
4,904,284
* Inclu des th e operation * o f the St. L ou is A lt o n A T e r r e H a u te f o r al
th e years.
« Figures h ere f o r 1897 and 1896 are sim p ly th e totals o f th e earning* f o r t b •
fo u r w eeks o f th e m onth as reported in th e w eekly r e tu r n s ; t h e m o u t h ’ s
earnings usually e x c e e d th e w eek ly estim a te s q u ite con sid erably.
Among the Pacific roads the Ca ladian Pacific and
the Northern Pacific both have heavy losses ; the Itio
Grande Western a small gain.
EARNINGS OP PACIFIC ROADS
J a n u a ry.
1807.
1890.
1895
1804.
1893.
1892.
Canad’ n PacificN orth ’n Pacific.
Rio Q r. W e s t ’ n..
»
i
1,313,000 1,474,798
930,4< 0 1,103,923
175,060
100,900
*
1.171,03*
1,017.813
146,763
»
1,390,755
997,885
141,869
$
1,535,683
1,323,231
149,896
*
1,609,102
1,447,334
183,276
T o t a l.......... .
2,426,050 2,799,621
2,334,002
2,680.6o9 3,008,713
3,239,712
I'H E
312
[Vol . LX1V.
C H R O N IC L E .
G ro s s R a m i n g s .
G R O S S K A K N IN U 8 A N D M ll-E A U E IN J A N U A R Y .
M ile a g e
G ro ss M a m in g s
X m m s o f K+ a d .
1897.
1890.
fn r m tie or
P tr r ta u .
N am e o f R oad.
1897.
S
6
*
+ 7 2 .5 3
1 2 4 .6 9 7
1 3 2 .3 5 0
AI i Ih iie « O (.S o u t h 'd
+ 7 ,7 8 1
8 5 ,5 5 0
0 3 .0 3 1
A B B A r b o r .......... . . . . .
- 3 .1 3 5
1 9 .0 1 0
2 2 .1 * 5
A l U t s l » K & ) I A No.
-1 .7 3 3
3 9 .8 6 1
3 8 .1 2 *
A t l a n t i c A l)» B V t llr .
— 2 .* 0 0
2 6 .1 0 0
2 3 .7 0 0
H i l t . C1»M. A AU . . .
— 15**100
4 8 0 .2 9 1
* 9 6 .1 5 1
I U U V O h io H ou th w .
—601
2 .1 2 9
1 .4 6 5
B ln u 'h d iu A A t l a n t i c ,
-9 .0 1 7
2 5 5 ,9 1 5
2 4 6 .2 9 8
B u ff. R o c h . A P U U b .
— 9 3 .6 0 0
3 9 2 .7 0 7
2 9 9 ,1 0 7
B u r t C M . R- A N o ...
— 1 6 1 .7 9 8
C B U Sdlaa P s c l fl e . . . . ! 1 ,3 1 8 .0 0 0 1 ,* 7 * ,7 9 8
— 3 9 ,6 5 1
9 * 0 .1 2 *
9 0 0 ,4 7 4
O d N M iiifik c A O h i o . .
— 2 3 ,0 4 4
3 0 1 .4 2 2
3 3 8 .3 7 8
O k ie . A K a*t I llin o is
— 4 1 ,1 2 5
3 1 7 ,0 2 8
358 ,15-1
Otd<* G r e e t W e s t e r n
— 3 1 9 .1 7 5
8 .0 1 0 .4 17 2,3*29.622
O h le MU. A 9 t . P a u l
— 1 1 .1 9 0
7 5 ,0 5 1
6 3 .S 0 •
O h lc . P o o .A S t .L o u t * .
-1 6 2 ,0 7 8
O h io . R . I l l A P*w . ..J 1 ,0 2 0 .8 0 6 1 ,1 8 2 ,8 8 4
-1 2 ,6 2 *
1
0
0
.9
1
3
9
4
,2
8
9
C h ic , A W e * t M ic h .
—544
4 .0 5 8
4 ,6 0 2
0 0 . G e o r i f .A P o r t * . .
+9H
5
1
.8
Mi
5
2
.7
0
1
O ta. J a c k . A M a c k . . .
— 1 3 .2 0 2
2 0 3 .3 0 0
2 7 6 ,5 0 2
C S tt.N O .A T o x .P d O .
—
1,901
1
7
.-.5
2
2
1
.
5
'
3
G R M L F ortau i'lh A V x
—3 .3 2 7
4 1 /6 7
44,**94
C3* t . ( a n u io .t S o . . .
—
5
0
,1 2 7
1
,1
0
2
.2
0
1 ,0 1 2 .1 3 3
O tev. C in .C h -A 8 t . L .
— 1 0 ,6 0 9
9 3 ,3 6 4
C le v . L o r a in A W h e e l
8 2 .0 9 5
—
2
2
,9 2 2
O Q l o n d o M id la n d
1 5 1 ,0 3 0
1 2 8 .7 0 9
— 2 4 .5 3 7
1 7 8 .0 9 7
2 0 2 ,6 3 1
001. H o o k . V d l. A T o !
+
1.225
6 1 ,4 4 4
6 0 ,2 1 9
O bi. S a n 'k y . A H o o k .
+ 350
1 ,2 5 0
900
O o lu t d A L a k e .
— 71.100
D e o v . A K io G r a n d e ..
5 4 7 ,9 0 1
476,80
— 6.165
3 5 ,2 1 3
2 9 .0 IS
D . M o in e s N o A W e s t
+2.478
5 ,3 6 7
D . Mo* ties A K an G .*7 ,8 4 5
+4,830
8 0 ,6 1 4
D e t G r .K a p . A W e d . ,
7 5 ,7 8 4
— 35,283
D a l. S o. S h o r e A A t l
97.53S
1 3 2 .8 1 0
— 30,937
76.02V
K lirln J o l i e t A E a s t.
1 0 0 ,9 6 6
— 8,422
2 6 ,4 3 7
2 0 .0 1 5 !
B r d -d iv . A I n d i a n a p .
— 2,037
E v a n s v . A R l c h m 'd .. ,
4 ,1 2 4
6.101
— 16,655
9 8 .3 0 0
B ra n sv . A T. H a u te.
8 1 .8 4 5
-27,508
f l i n t A P ere M a r q ...
2 2 9 ,1 3 3
2 0 1 ,6 2 5
1 5 7 ,5 8 3
+ 19.482
1 7 7 .0 8 5
F la . C e n t. A P o u l n . . .
+ 1.276
7 4 ,6 0 1
7 5 ,8 7 7
F t . W o r th A I) C it y ..
F t . W o r t h A R i o G r ..
— 11,3 78
3 7 ,0 1 9
2 6 ,4 4 1
— 276
G a d s d e n A A t l U n ..
963
687
-9,298
1 5 4 ,2 8 4
1 4 4 ,9 8 6
G e o r g i a ........................... ,
+35,516
G e o r g i a A A la b a m a ..
5
2
.5
6
2
8 8 .0 7 8
— 7,329
G a . S o u t h . A F lo r id a
8 6 ,1 4 6
7 8 ,8 1 7
— 24,896
G r .R a p id s A I n d ia n a
1 5 4 ,1 1 4
1 2 9 ,2 1 8
-5.200
C ln . R ic h . A F t . W ..
3 3 ,1 4 3
2 7 ,9 3 7
T r a v e r s e C ity . . . . i
— 2.252
2 ,1 9 5
4 .4 4 7
M u s k . <«r. K. A I u d ..
- 2,286
7 ,3 6 6
9 .6 5 2
G r T r u n k o f C a n a d a . 1 ,3 1 3 ,7 7 8 1 ,3 5 1 .8 6 9
-38,091
2 4 6 ,3 2 9
—21 ,6 lb
C h ic . A G r . T r u n k . .
2 6 7 ,9 7 7
D e L G r . H a r .A M i L .
+2,530
7 4 .3 0 5
7 1 ,7 7 5
C ln . Sai?. A M a c k .. .
-2,475
7 .8 5 4
1 0 .3 2 9
6.8 3 V
T o ! . S a g . A M u s k ..
+1.72*
5 ,1 1 3
© L N o .—S. P . M . A M
— 63,9 >3
7 8 -.4 2
8 5 2 ,4 1 5
E a s t e r n o f M l n u .. .
— 10,597
1 0 5 .4 0 9
9 4 ,8 7 2
M o n t a n a C e n t r a l ..
— 6,476
1 4 5 .1 2 1
1 5 4 .5 9 7
G u l f B e a u to* t A K . C . .
+ 1.680
8 ,1 4 3
6 ,4 6 3
G u l f A C h ic a g o ............
3 ,3 5 0
+376
2 ,9 7 4
I llin o is C e n t r a l ........... 1 .8 1 6 .1 0 7 1 ,9 2 0 .6 2 9
— 101,52 V
In d. D e c. A W e ste rn .
— 9,090
4 4 .7 2 0
3 5 ,6 18
In tern a t’l A G L N o ;
2 7 0 ,9 0 9
2 7 4 .7 9 7
+3.888
I n t e r o e e a u ie i M e x .i ."
1 2 7 .8 6 0
+ 10.525
1 3 * ,3 8 5
1 1 8 ,1 6 5
lo W a C e n t r a l .................
— 49,307
1 6 7 .4 7 2
I r o n R a i l w a y .................
-522
4 .2 1 8
3,6 9 6
K a n a w h a A M i c h ___
4 0 .5 4 4
+ 1 ,U 8
4 1 ,6 6 2
K a n .C . F t .S . A M em
— 32,622
3 4 0 ,4 4 5
3 0 7 .* 2 d
K a n . C. M e m . A B t r . .
1 0 9 ,8 9 0
— 335
1 1 0 ,2 7 5
K a n . C it y A N .W . . . . .
2 4 ,8 5 2
+6,405
3 1 ,2 5 7
K a n . I t v A O m a h a ..
+9,591
8 ,9 7 2
1 8 ,5 6 3
K a o . C . PI t t s b . A G u lf .
+54,383
4 5 .7 2 1
1 C 0 .1 0 1
K a n . C it y 8 u h . B e lt
2 0 ,0 5 2
2 4 ,7 4 5
+4,693
K e o k u k A W e s t e r n * ..
2 0 .0 6 2
-4,976
2 5 .0 3 8
L a k e E r ie A l l . A B o.
7 ,3 3 9
+ 1 ,0 (8
6 ,3 3 1
L a k e E r ie A W e s t e r n .
2 5 1 ,5 1 9
3 0 2 ,1 1 7
— 50,598
L e h ljcb A H u d . R iv e r .
3 0 ,5 9 9
— 4,122
2 0 .4 7 7
L o n g I n la n d ..................
2 0 0 .4 6 *
— 5,493
2 0 5 ,9 6 1
D o s A n g e le s T e r m . . ..
7 .7 3 6
4 ,7 3 8
— 2,998
L o u t* v . E v a n s . A S t. I,
— 9,40*
1 0 9 .8 6 0
1 0 0 ,3 9 7
L o u t s v .I I e o d A B t .L ..
3 5 .3 3 4
3 5 ,ll«
+2i4
L o n U v . A N a s h v i l l e . .; 1 ,0 0 7 ,0 1 5 1 ,6 8 - ,5 3 7
— 31,492
M a c o n A B lr m ln v 'iu .
— 1,790
7 ,2 9 0
5 ,5 0 0
M a n l s t lo u e ....................
-1,071
1 1 .1 9 4
1 0 ,1 2 3
M e m p . A C h a r le s t ’ n*
7 4 .9 2 6
0 4 .7 3 3
— 10.193
i n k t B O n t n d ........ 1 .0 7 0 ,6 0 6
8 2 0 .0 0 0
+249,646
M e x ic a n N a t io n a l..
4 0 4 .3 8 9
3 9 0 .1 7 7
— 14,212
M e x ic a n R a i l w a y * .. .)
1 7 7 .5 0 0
2 1 1 .0 0 0
+33,«!>00
M e x ic a n S o u t h e r n * ..;
3 1 .8 6 4
2 7 231
+ 4 ,6 3 3
M in n . A 8 t . L o u i s . . . .
12\073
1 4 5 .8 7 8
— 2 0 .2 0 5
M in n . St P .A S .S U .M .
2 4 2 ,0 1 2
1 9 3 ,5 1 «
— ***,123
M o . K a n s . A T e x .s y s .
9 5 9 ,5 5 2 1 ,0 1 0 .6 9 1
— 57,13:*
M o . P a r . A I r o n M L . 1 ,7 3 7 .0 0 0 1 ,7 9 9 ,0 0 0
— 6 2 .0 0 0
C e n tr a l b r a n c h . . . .
63,001/
7 9 ,0 0 0
+ 1 6 ,0 0 0
M o b ile A B ir r u ’ gliatu*
20,20.1
1 7 ,3 7 3
+ 2 .8 9 0
M o b ile A O h io ................
2 9 9 ,9 2 1
3 2 3 .7 7 1
+ 2 3 .3 5 0
f«. Y .C e n .A H u d .R l v .
3 .1 3 9 .9 4 3 3 ,4 7 7 .9 0 6
— 3 3 8 .0 2 3
2V. Y . O n t . A W e s t . . . .
2 4 0 ,0 9 0
2 7 2 .2 0 0
— 2 5 .3 7 0
N o r f o l k a W e s t e r n ..
8 3 2 ,9 2 1
8 8 7 .9 6 6
-5 5 ,0 4 0
N o r t h e r n P a c i f i c ........
9 3 0 ,4 0 0 1 .1 6 3 .9 2 3
— 2 2 7 ,5 1 7
O h io R i v e r ......................I
7 5 ,7 5 4
0 8 ,1 5 8
— 7 ,S 9 b
O h io R iv e r A C h a r . ..
1 5 .2 5 9
1 8 ,5 8 j
—3 32 i
O h io S o u t h e r n ..............
4 2 .9 2 4
0 0 ,5 1 8
— 2 3 ,5 9 4
O regon R R . A N av .
3 7 2 ,9 3 8
2 9 7 ,2 5 3
— 7 5 .0 8 5
P eo. iH
.v i . . ui •■.
7 0 .7 2 i
7 7 .5 5 4
— 6 .8 3 0
P l t t s b . L lsb . A W est
3. 25
3 .8 2 1
+ 390
P U U b . S h e a . A L . E.*
3 6 .0 8 4
2 2 ,0 4 8
— 1 3 ,4 3 6
P U U b . A W e s t e r n . ..
9 8 ,0 2 1
1 1 1 ,7 7 3
— 1 2 ,9 5 *
P t t t e b .C l e v A T o l .
4 7 ,3 1 0
5 6 ,5 1 7
-9 .2 0 1
P U U b . P a. A F a ir ..
1 7 ,4 2 0
i 1,06 + 751
Q u in . O m a h a A K . C . .
2 1 ,2 2 0
2 3 .3 8
— 2,107
R i o G ra n d n S o u t h 'n .
3 0 ,3 1 0
2 0 .2 9 5
—1 0 ,0 15
R io G ra n d e W e s te rn .
1 6 0 ,9 0 0
+ 1 4 ,7 5 0
8 L J o s . A G r . I s la n d .
7 3 .2 6 0
4 8 ,9 0 3
+ 2 4 ,3 5 7
Ht. L . K e n n e t t A S o .
4.190
5 .9 0 0
+ 1 .7 1 0
B L L o u is S o u t h e r n
395.800
4 3 8 .2 5
- 42.450
8 l P a u l A D u lu t h ....
90,635
9 3 ,0 2 5
— 5.930
B an F r a n . A N o . P a c .
46 .0 M
4 0 ,3 0 1
-1.251
B b e r B h r e v .A S o u t h .
2 7 .2 6 1
2 9 ,5 3 0
— 2,209
S o u t h e r n R a il w a y ..
1 .5 7 1 .1 0 8 1 ,0 4 4 .0 7 0
—7 2 ,9 0 2
T e x a s C e n t r a l..............
1 9 , 4 14
2 2 ,6 1 8
— 3 ,7 0 4
T e x a s A P a c i f i c . . . . . .j
6 1 3 .9 0 7
0 0 0 .1 9 2
+ 7 ,4 9 5
T e x . S ab . V a l. A N 'w
2 .8 9 4
3 .4 5 4
—500
T o l . A O h io C e n tr a l .
1 3 9 .1 2 1
1 4 1 .3 0 0
- 2 ,2 3 9
310
30
230
278
1890.
310
3(*7
230
278
88
88
921
340
1 ,1 3 6
6 .4 4 4
1 ,3 6 0
545
928
6 .1 5 1
921
23
340
1 .1 3 6
6 .3 9 1
L .3 6 0
521
928
6 .1 6 8
222
22 2
3 .5 7 l
576
42
349
3 36
3 ,5 7 1
576
42
349
336
22
T o l. P e o r i a A W e s t ’ n .
T o l. 8 t . L . A K . C it y
W a b a s h .............................
W est. N. Y. A P e n n ..
W h e e l. A L a k e E r i e ..
W is c o n s in C e n t r a l . . .
1897.
1896.
*
|
7 1 ,0 9 3
1 7 2 ,4 4 3
8 3 5 ,0 5 7 ,
2 1 1 ,3 0 0
7 5 ,* 3 8
2 7 0 .2 0 5
*
8 8 .4 9 5
1 5 5 ,5 3 5
9 7 0 ,8 0 5
1 9 9 ,1 7 8
1 0 0 ,5 8 0
2 7 5 ,8 5 3
iJ T O O *
Bxohanob
C l e a r in g - H o u s e
111
210
T o ta l V a lu e
$
890,200.000
J a n u a r y . , 13.693.600
22
*22
1.6 6 6
J a n u a r y . . 15.298.500
11!
112
334
587
189
150
102
10*2
167
654
940
469
146
167
637
940
469
146
U
307
362
285
436
80
26
37
3 ,5 1 2
335
189
53
117
3 ,7 2 0
72
256
65
62
3 ,1 2 7
152
775
531
509
11
307
265
285
436
86
26
37
3 ,5 1 2
335
189
53
117
3 ,7 2 0
72
256
65
62
3 ,1 2 7
152
775
531
497
20
20
173
961
276
153
194
523
35
148
61
725
90
378
50
372
166
2 ,9 7 4
97
4 I
330
1 ,8 6 0
1 ,2 1 9
321
227
38s
1 ,1 6 8
2 ,1 9 7
4 .9 3 0
388
149
087
2 .3 9 5
481
173
961
276
153
194
339
35
148
61
725
1,570
4 ,4 9 7
215
207
226
1 ,0 5 9
331
25
183
227
77
6
139
18P
52
251
20
1 .2 2 3
248
165
155
4 ,8 0 3
176
1 ,4 9 9
38
371
248
451
1 ,9 3 5
051
247
894
T r a n s a c t io n s .—
The
s lbjoinad statement includes the transactions of the Stock
Exchange Clearing-House from February 1 down to and in"
eluding Friday, February 12; also the aggregates for Jan"
uary in 1897, 1895 and 1895,
•took axoa+sas OLutamo aoosu raissxoTioNs.
1 .8 3 8
192
350
329
273
334
5S4
189
156
248
451
1 .9 3 6
651
247
894
1896.
* F o r tn re e w e e k s o n ly .
1 E a r n in g s o f G a l r . H o n s . A H e n d e r s o n a r e e x c l u d e d f o r b u l l y e a r s
111
210
150
-1 7 ,4 0 2
+ 1 6 ,0 0 8
— 1 4 1 ,7 4 8
+ 12.12*2
— 2 4 ,7 4 2
- 5 .5 8 8
1897.
T o t a l ( 1 2 9 r o a d s ) . . 3 4 .9 7 7 ,6 2 9 3 7 ,5 2 0 .7 3 0 —2 ,5 4 3 ,1 0 1 9 5 ,2 7 1 9 4 ,7 0 8
1 ,8 3 8
192
350
310
273
1 ,6 0 b
15
M ile a g e
I n c r e a s e 01
D e e r taste.
‘ Shares, both sid cs.-^
C le a r e d
1 * 9 .1 -
18 9 6 —
967,700,000
1897—
J a n u a r y .. .
12.000.700
778.000,030
^—S h a r e s , b oth s id e s —*
C le a r e d . T o ta l V a lu e .
$
18 9 7 —
F eb. 1.
8 2 5 ,4 0 0 5 3 ,0 0 0 , 0 0 0
«»
6 6 5 .4 0 0 3 5 , 0 0 0 , 0 0 0
2.
**
3
4 2 9 ,0 0 0 2 6 , 2 0 0 , 0 0 0
4 3 2 ,4 0 0 *23,HOP,0 0 0
4
**
5 2 9 ,2 0 0 4 0 , 5 0 0 , 0 0 0
5.
----------- B a l a n c e s , o n e s i d e ----------- Sheets
S h a res. V a lu e S h a r e s . C a s h . C l e a r e d
$
$
1,091.000
03.700.000 1.483.100
0,434
1,014.200
88.100,000
1,445.000
rot. w k .
2 , 8 8 1 , 4 0 0 1 8 4 .1 0 0 ,0 0 0 3 3 3 ,6 0 0 1 7 , 7 0 0 , 0 0 0 2 4 3 ,0 0 0
W k la s t y r 4 ,7 0 3 ,2 0 0 2 7 4 ,1 0 0 ,0 0 0 5 4 8 ,5 0 0 2 8 , 0 0 0 , 0 0 0 3 6 9 ,0 0 0
5 1 ,9 0 0
7 5 4 ,4 0 0 5 6 , 5 0 0 , 0 0 0
7 4 .9 0 0
4 ,2 0 9 ,0 0 0
Fel>.
8
*»
6 7 ,1 0 0
4 , 2 0 0 ,0 0 0
5 0 ,3 0 0
9 . 6 8 2 ,8 0 0 5 2 , 3 0 0 , 0 0 0
(t
3 ,4 0 0 , 0 0 0
6 3 .2 0 0
7 8 ,1 0 0
1 0 . . 4 7 7 ,9 0 0 3 8 ,6 0 0 , 0 0 0
It 11
4 7 6 ,6 0 0 3 6 , 1 0 0 , 0 0 0
4 6 ,4 0 0
2 ,8 0 0 , 0 0 0
3 4 .7 0 0
"
. . H O L I D A Y .....................
12.
fort. w k . 2 , 3 9 1 .7 0 0 8 3 , 5 0 0 , 0 0 0
W tU a styr 1 ,7 8 9 ,5 0 0 3 1 6 ,9 0 0 ,0 0 0
0.870
1.425.500 74.900.000 1.068 900
5.900
--------- B a la n c e s , o n e s i d e . -------- » S h eets
S h a r e s . V a lu e S h a r es . O a s h .O le a r e d
$
.*3
5 ,3 0 0 .0 0 0
1 0 3 ,7 0 0
8 5 ,6 0 0
320
4 ,0 0 0 ,0 0 0
3 9 ,5 0 0
8 5 ,7 0 0
303
3 8 ,5 0 0
2 ,4 0 0 ,0 0 0
264
4 6 ,5 0 0
5 0 ,8 0 0
2 5 ,9 0 0
280
2 ,8 0 0 .0 0 0
3 , 2 0 0 ,0 0 0
53,50l>
288
5 1 ,9 0 0
2 6 6 ,5 0 0
5 1 4 ,6 0 0
1 4 , 6 0 0 . 0 0 0 2 0 0 .1 0 0
3 0 , 5 0 0 . 0 0 0 4 3 1 ,6 0 0
1,455
1,700
307
310
284
272
1 ,1 7 3
1.370
The stocks cleared now are American Cotton Oil common.
American Sugar common, American Tobacco common, Atch
ison, Central of N. J.. Chesapeake & Ohio, Chicago Burlington
& Quincy, Chicago Gas Chicago Milwaukee & St. Paul com
mon,Chicago & North Western common, Chicago Rock Island
& Pacific, Delaware & Hudson, Delaware Lackawanna &
Western, Distilling & Cattle Feeding, General Electric, Lake
Shore* Michigan Southern, Louisville*Nashville, Manhat
tan, Missouri Kansas* Texas preferred, Missouri Pacific, New
York Central, New York Lake Erie & Western, New York &
New England. New York Ontario & Western, New York Sus
quehanna & Western preferred, Northern Pacific preferred,
National Lead common, Philadelphia & Reading, Southern
Railway common & preferred, Tennessee Coal & Iron, Texas
& Pacific, Union Pacific, United States Leather common and
preferred, Uaite l States Rubber common, Wabash common
and p-eferrel, Western Uuion and Wheeling & Lake Etrie
common.
90
378
50
372
166
2 ,9 5 6
97
44
330
1 ,8 6 0
1 ,2 1 9
321
227
370
1 ,1 6 8
2 ,0 6 0
4 ,9 9 0
388
149
68
2 ,3 9 5
477
1 ,5 7 0
4 ,4 9 7
215
207
226
1,059
331
25
183
227
77
61
139
180
520
251
20
1 ,2 2 3
248
165
155
4 ,7 5 1
176
1 .4 9 9
38
367
3 $ la a e t a v g i © c n m u e r c t a l E n g l i s h
J L et» s
[ F r o m o u r o w n c o r r e s p o n d e n t .]
.L o n d o n , S a t u r d a y , January 30th, 1897.
The visit of Count Muravieff to Paris is the principal topic
of political interest of the week, and it is naturally exciting
great attention and much speculation all over Europe.
It is a most uuusual thing for a foreign minister to
visit any government before he has actually taken
charge of the Foreign Office, and therefore it is as
sumed that there must be some important political ob
ject in view. There are some, however, wh ) allege that it is
nothing more than an attempt to soothe down French sus
ceptibilities caused by the failure of French represenations
to the Czar while he to * in Paris It is said that he then
promised to insist upon a Russian representative being ad
mitted to the Council of the Turkish DebL and that shortly
afterwards his ministers pointed out to him that that would
lead to an international control in Turkey, and then be
withdrew. It is also said that the French G svernment re
monstrated with him about his currency reform, and natu
rally the Russian Finance Minister was indignant at the
interference. Whatever may be the true explanation, it
shows that Rusiia is fully aware how much she is dependent
upon French money to maintain her position, and is leaving
nothing undone to flatter French a m o u r p r o p r e .
Mr. Rhodes arrived here on Sunday, and the inquiry into
the Chartered Company’s affairs is to begin almost without
delay. Mr. Rhodes has been very quietly received, but he is
F e b r u a r y 13, 1<5&7,J
TH E
C H R O N IC L E .
313
very confident that he will come successfully out of the inves
The following return shows the position o f the Bank o f
tigation, and in fact there has, this week, bsen more ouu England, the Bank rate of discount, the price of oonsols, & o .,
ness in the South African mining market and at higher compared with the last three years :
1897
1996
1895.
1894.
prices than for the last five or six months. For what reasons
Jan. 27.
Jan. 29.
J an . 30.
J a n . 8 1.
£
£
£
£
it is not possible for outsiders to say, but unquestionably the
25,631,880
‘2 5,286,050
21,923.545
C lrcu la io n .....................................
24 7 37 ,55 0
belief is spreading that just as opinion in S tuth A frici P u b lic d e p o s i t s ........ ..................... 9,58-1,993 10,539 731
6.342.936
6 3 0 1,8 1 8
52,367,495
33.761,450
.................... ■ 43,221,335
29,458.831
has turned round in Mr. Rhodes’s favor, so it will be found O t h e r d e p o s it s
14.632,555
12.877.303
8 ,900,317
that the evidence rendered will all redound to Mr. Rhodes’s G o v e r n m e n t s e c u r i t ie s ............... 14,235,117
23.473,039
20,493,312
17.515.001
O t h e r s e c u r it ie s
25.254.34 o
39.823,229
credit.
27,819,875
19,739,09 6
d e s e r v e o f n o t e s a n d o '* in .......... 23,274,232
Meantime the negotiations at Constantinopla go on, and C o in & b u llio n , b o t h d e p a r t m ’ ts 87, LO0,115 48,314,279 35.946,720 28,020,040
BM
54
1 5 -1 6
P r o p .r e s e r v e t o l i a b i l i t i e s . . p. o.
53)4
a «)4
the conviction is growing that a settlement will be arrived S a n k r a t e
3*
2
2
2 I ff
..p e r c e n t .
at. One reason, perhaps, for the belief is that French in C o n s o ls , 2$i p e r c e n t ..
112 5-16
107 15-10
9 8 13-10
1043*
30& d
27 7-1 6d . *
SO 1 1 - ie d .
vestors are estimated to h >ld between 70 or 80 millions S l i v e r ..................... ................................ 29 13-10d.
C l e a r in g -H o u s e r e t u r n s .......... 118,067,000 110,176,000 108,223,000 135,932,000
sterling of Turkish, Bulgarian and Servian securities; that
* J a n u a r y 3 1.
+ F e b r u a r y 1.
the French have suffered severely from the depreciation of
The
rates
for
money have been as follows :
these securities, and that the French Government has made
such representations to the Russian Government that the
Interest allowed
Open M arket H ates.
<0
fo r deposits by
latter feels it necessary to rehabilitate Turkish finances, for
Trad e B ills.
B a n k B ills.
the time being at all events.
D isc't H ’se
There was some vague expectation throughout the city
A t 7 t o 14
F ou r
Three
Three
S ix
Four
Stock
S ix
that the Directors of the Bank of England at their mee ing
Months Months M onths M onths M onths M ont ha Banks. Call. D ays.
this week would nut down their rate of interest to 3 per cent, D e o 31 4
3
3
2H
2)4
m
S«
3H
2)4
214
2H
s«
m
3%
3)4
24
but very properly the Directors did not do so. It is possiole, J aMn . 8 4 3 1 -1 0 4 $ 3)4
2*
2«
15 4
214
2)4
3)6
m
sx
3)4
however, that they may do so next Thursday, or, at all events,
I.
2
2 5 -10
2
22 3 ^ 2 X -5 10 2 ^ - 5 16
2)4
2b ® H
2 1 16 2-2 1 -16
2
2
29 3 * 2 1-10
2H
2)1
early next month.
2«
2)4
In the silver market there is very little doing, but there has
The Bank rate of discount and open market rates at th e
grown up a sudden and a strong demand for the India Coun chief Continental cities have been as follows:
oil drafts. The Council sold on Wednesday the whole 50
Jan . 29.
Jan . 22
J a n . 15.
J an . 8
lacs offered for tender at good prices, and it has since sold
R ates o f
more by special contract. Evidently the exchange banks
Interest at
Bank
Open
B a nk
Bank
Open
B a nk
Open
Open
have now exhausted the means of remittance which they
M arket
R a te. Market R a te. Market R a te. Market R a te
had laid in largely before hand. The news from Bombay is Paris..................
2
2
2
2
2
2
1J4
m
4
6
5
4
3)4
214
SH
3)4
more favorable. It is said that the mortality is decreasing, Berlin.............
4
6
5
i
2T4
H a m b u rg .......
3)4
3)4
and that the people are recovering courage, but the famine F ra n k fo rt......... 4
5
3«
4
5
3*
214
3M
prospects are very bad.
A m sterdam ....
2%
2a
3)4
214
3)4
SJ4
254
8
3
3
3
2!4
2)4
2H
2H
Trade continues steadily to improve. There is no specula Brussels..........
4
V ien n a............
4
3
H
4
8*
■'H
3H
tion worth speaking of; there is no sensationsl incident of It. Petersburg. 04
6
0
0
0
6
0
0
any kind, but every industry almost is welt employed. The vl ad r id ............
4
4
5
6
4
5
4
5
4
4
4
4
4
4
4
4
iron and steel trades are perhaps the most prosperous, but C op enhagen.
even the cotton trade is not bad in spite of the Indian famine,
Messrs. Pixley & Abell write as follows under date o f Janu
while there is a recovery in the woolen trade. The great de ary 28 :
G old—T ran saction s h a v e ta k en p la c e b o th fo r e x p o r t to th e E a st
pression in the United States last year stopped American
an d to R u ssia d u rin g th e w eek , a n d a ll a r riv a ls h a v e b e e n e a sily d is
buying at the Colonial wool sales] in the spring. For the p osed of. £ 9 ,0 0 0 h as b een r ec e iv e d a t th e B an k from China. A r
first time since then there is again very active American r iv a ls : Sou th A fr ic a , £ 9 7 ,0 0 0 ; W est In d ie s , £ 2 1 ,0 0 0 ; N e w Y ork ,
£ 1 5 ,0 0 0 ; to ta l, £ 1 3 3 ,0 0 0 . S h ipm ents: B om b ay, £ 5 ,0 0 0 ; K obe, £ 1 3 8 ,buying and all wools suited to American requirements 200; to ta l, £ 1 4 3 ,2 0 0 .
S ilv er —C h iefly o w in g to s c a r c ity o f sp o t su p p lie s, th e m a rk et h a s
are quite as dear as at the December sales, and rather h ard
en ed :-*d. s in c e w e la s t w rote an d r em ain s s te a d y a t th e rise. T h e
dearer. On the other hand the commoner kinds of wools In d ia n p r ic e to -d a y is R. SO1* p e r 1 0 0 T olalis. A rriv a ls: N e w Y o rk ,
£ 2 0 4 ,0 0 0 ; W est In d ies, £ 1 2 ,0 0 0 ; to ta l, £ 2 1 6 ,0 0 0 . S h ip m en ts: B o m
are decidedly lower, because France, which is the largest b a y , £ 8 0 ,9 0 0 .
exican D o lla r s—B u sin e ss in th is coin h a s ta k e n p la o e a t 2 9 '.id.
buyer usually of inferior wools, is for the time being holding d uMrin
g th e p a st w eek , and th is rem a in s th e n e a r e st p rice. S h ip m e n ts
off, and Germany is not buying very much. Here at home to P e n a n g , £ 1 1 ,9 0 0 .
The quotations for bullion are reported as follows:
there is a very good demand for wool and the woolen indus
try is very actively employed.
Go l d .
Jan.
Jan.
S IL V E R .
Jan. J a n .
The stock markets were somewhat disappointed on Thurs L o n d o n S tandard.
21.
28.
L ondon^S tandard.
21.
28
day morning because the Bank rate was not put down, but
d.
d.
l . d. 8. d.
they quickly recovered, and generally they have been better Bar g old , fin e ___ oz. 7 7 lOhs 7 7 1 0 ^ B ar s ilv e r , fln e ,..o z . 29»310 2 9 U ie
B ar s ilv e r , o o n ta in ’g
ar gold, p artln g.oz. 7 7 11 7 7 11
this week. The most remarkable improvement has been in B
Spanish, o ld ........ .o z. 7 6 0 ‘s 7 0 0*3
do 5 grs. g o ld .o z . 3O510 303ia
N e w ......................oz. 7 6 lk i 7 0 1*3
do 4 grs. g o ld .o z . 30i« 3 0
South African shares. As said above, there is an unaccount
do 3 grs. g o ld .o z . 291516 2913,8
U. 8. gold eo tn _ ..o z. 7 6 5>a 7 0 5»3
able belief growing that Mr. Rhodes will come out trium CBjrm'n g o ld ooln.oz. 7 6 33» 7 0 3%. C ake s ilv e r ...........oz. 323,4, 32
M
ex ica n doU ars.oz. 29^4 29>4
Fronoh
go
ld
ooln.oz.
7
6
3%
7
0
3%
phant from the inquiry, and whether it is to that, or to better
erusbings, or to the mere weariness of waiting any longer,
The following shows the imports of oereal produce in to
that the change is due, there has been buying on an ex the United Kingdom during the first twenty-one weeks of
traordinary scale. In some instances five and ten thousand the season compared with previous seasons:
shares have been bought in a lot, and prices have all gone up.
IM P O R T S.
Consols, British railway stocks, and in short all good secur
1894-5.
1893-4.
1 8 9 6 -7 .
189 5 -6 .
(m p o r tso fw h e a t,o w t.2 8 ,8 1 4 ,6 3 0 2 7 ,8 2 8 ,6 6 0 2 6 ,7 3 8 ,6 6 6 2 5 ,5 4 5 ,6 8 5
ities are well maintained; and although the public is not B
a r le y ............................. 1 2 ,3 4 2 ,9 9 0 1 2 ,0 2 8 ,4 3 0 1 3 ,7 7 5 ,3 0 4 1 4 ,6 4 4 ,1 9 7
doing much, there has been more business in American se O ats.................................. 8 ,5 0 9 ,4 1 0 5 ,8 1 9 ,0 4 0 6 ,5 1 3 ,4 3 7 5 ,6 5 0 ,2 4 4
1 ,1 6 8 ,1 3 4
P eas.................................. 1 ,6 9 8 ,1 4 8
1 ,3 3 0 ,5 2 0
1 ,2 1 8 ,4 4 0
curities likewise. The chief demand, of course, is for good Bbans............................... 1 ,3 6 7 ,4 1 0 1 ,6 8 3 ,4 0 0 1 ,9 3 9 ,9 4 4 2 ,0 7 3 ,4 0 4
9
,9
4
9
,9
1
4
In
d
ian
oorn....................2
4
,4
5
7
,0
0
0
1
7
,8
7
6
,0
8
0
1
2
5 6 ,2 3 8
bonds. There is some inquiry for second rate bonds, but the F lo u r ............................... 9 ,5 2 4 ,8 0 0 8 ,6 2 6 ,1 5 0 8 ,2 2 7 ,8 9 0 7 ,0
,9 9 5 ,3 6 1
shares, except for market operators, are out of request.
Supplies available for consumption (exclusive of stocks on
The railway dividends continue good, and everything goes September 1):
to show that the country has rarely, if ever, been mere
1894-5.
1893-4.
1896-7.
1895-6.
heat Im ported, o w t.2 8 ,8 1 4 ,6 3 0 2 7 ,8 2 8 ,6 6 0 2 6 ,7 3 8 ,6 0 6 2 5 ,5 4 5 ,6 8 5
prosperous. Taking the dividends issued so far and the W
Im ports of flour......... 9 ,5 2 4 ,8 0 0
8 ,2 2 7 ,8 9 0
8 ,6 2 6 ,1 5 0
7 ,9 9 5 ,3 6 1
bank dividends, both for the second half of last year, it Skies o f h o m e-g ro w n .1 1 ,5 3 8 ,8 6 8 6 ,2 9 8 ,7 6 5 8 ,9 2 8 ,3 6 0 1 0 ,3 1 5 ,9 7 3
is evident that the railways and banks alike have done better
T o ta l........................ 4 9 ,8 7 8 ,2 9 8 4 2 ,7 5 3 ,5 7 5 4 3 ,8 9 4 ,9 1 6 4 3 ,8 5 7 ,0 1 9
than in any year since 1890. The satisfactory showing of the
1894-5.
1 8 9 3 -4 .
1 8 96-7.
1895-6.
2 6 s. 3 d .
20s. 8d.
26 s. Id.
railways clearly proves that the trade of the country was A ver.p rioe w h e a t,w ee k .3 1 s. 7d.
26 s. lO d .
A verage prioe, s e a s o n ..2 9 s . 3d.
24s. 9d.
1 9 s. 8d.
both large and prosperous. The work-people are well em
The following shows the quantities o f wheat, flour and
ployed, and there is hardly a complaint of scarcity of em
maize afloat to the United Kingdom :
ployment. We have just had a week of exceptionally cold
This w eek. L a st w eek.
1895.
1896.
2 ,9 6 2 ,0 0 0
2 ,1 0 0 ,0 0 0
2 ,4 2 0 ,0 0 0
weather, and snow continued for two or three days; yet there W h e a t................qrs. ..2 ,5 1 5 ,0 0 0
3 2 8 .0 0 0
F lour, eq u al to q r s ... 3 5 0 ,0 0 0
4 1 5 ,0 0 0
3 8 4 .0 0 0
has been surprisingly little oomplaint of distress anywhere.
3 9 0 .0 0 0
M aize.............................. 9 8 0 ,0 0 0
1 ,0 7 0 ,0 0 0
6 5 8 .0 0 0
TABLE
S H O W IN G
THE
M ONTHLY
F L U C T U A T IO N S
IN
LONDON
F rom J a n u a r y , 1888,
Y ears, j J an u ary.
Pence,
1 5 3 3 ..
183.1..
1835..
1831!,,
1837..
1838..
1 8 3 9 ..
1Hit)..
1841..
18-12..
134.3..
1844..
1845..
1813..
1817..
m
t
1850..
1851..
1852..
a
a
Q
—i
1 8 5 3 ..
1854..
5
1855..
1851!..
1857..
1858..
as
1850..
Q
S i
1800..
1861..
1862..
£>j
X
a
_
1868.
o
1869.
05 1870.
I 1971
“ 1,
...
S3
B
12
ll
to
IN
THE
P R IC E
OF
BAR
SIL V E R .
PER
M arch.
Ap r il .
May.
JUNE.
J u ly.
A u gu st.
S e pt em ber .
O ctobe r .
N o vem ber .
Pence.
Pence.
Pence.
Pence.
Pence.
Pence.
Pence.
Pence.
Pence.
Pence.
58%
60
60
59% -60%
60
59%
60% -60%
60% -60%
60
59%
59
-59%
59*4
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59*4
60%
59% -59%
60
-60%
59% -59%
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STA N D A RD ,
L Q Ss-J S. S, -
§ ,9 .8 8 8 ^ 3
FEBRUARY.
58%
58%
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60
. 59% fills 59% -00
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80
59%
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62
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61% -01%
60% -61%
604s
OUNCE
D e c e m b e r , 1890, I n c l u s iv e .
Y early
D ecem ber . A vek ’ g e . Y e a r s .
Pence.
58%
58%
59% -59*4
58%
59%
59%
597g
59%
59%
59%
59%
59%
60% -60*4
59%
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61%
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61
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61*4
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61
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62
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61% -617g 61% -62
61%
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61% -61% 61% -61% 61% -61%
60%
61% - 0 2 % 61% -62% 0 2 % -62% 62
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617g -62
61% -62
62
62
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61% -61%
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61% -61%
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-61% 61
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61% -61% 61% -61% 60% -61% 61% -61% 61% -615,8 61
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61%
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61% -61% 61% -6131 161*1,8 -61%
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60%
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Pence.
593.0
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598.8
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T H E
F e b r u a r y 13, 1897,]
E n g lis h
C H R O N IC L E
Me r c h a n d is e Mo v e m e n t
F in a n c ia l M a r k e ts —P e r C a b le .
The daily closing quotations for securities, & c., at London
are reported by cable as follows for the week ending Feb. 11
Sat.
London.
S ilv er , p e r o u n c e ........d.
Dortsols., n ew , 2% p.ots.
F or a c co u n t ................
Frick r e n te e d n P aris) fr.
A tch . Top. & S a n ta F e .
Do
do
pref.
C anadian P a c ific ............
C hesap eak e & Ofiio........
Okie. M ilw . & St. P a u l
D e n v . & R io G r., p r e l..
E rie, c o m m o n ................
1 s t p r e fe r r e d ...............
I llin o is C e n tr a l........ .......
L ak e S h o r e .......................
L o u isv ille & N a s h v ille .
M ex ica n C en tral, 4 s . . .
Mo. K an. & T e x ., c o m ..
N . Y . C ent’l & H u d so n .
. Y . O ntario & W est’n
orfolk & W est’n, pref.
N o. P ac. o r e f., tr . recta.
P e n n s y lv a n ia ..................
P liila . & R ead., p er sh ..
S o n th ’n R a ilw a y , co m ..
P re fe r re d ........................
U n ion Paoiflo...................
W abash, p r e fe r r e d ........
S
M on.
Tues.
29%
29%
29%
112L&1S 1121*10 112*16
1131m 111213,6 1 1 2 H ,«
102-80 02-67% 1 0 2 -5 0
14%
15
15>s
25
25%
57%
57^
57
1713
17%
17%
77%
77%
73
43
43%
15%
15%
15 >4
35%
35%
36
97
97%
97%
156% 156% 156%
51%
51%
51%
70
70
70%
13%
13%
14
96
96
96
15%
15%
15%
17%
18
15
39
39%
39
53%
53%
53%
13%
13%
13%
9%
9%
9%
28 70
29%
30
7
7%
7%
16%
16%
16%
Wed.
Thurs.
2 9 U 16
112%
112%
lo2*50
15
25%
57%
291%
112%
112%
102d5
14%
24%
56 %
17%
77%
43%
15%
35%
97
17%
78%
43
15%
36%
97%
157%
51%
70
14
96%
15%
17%
39
53%
13
9%
29
6%
16%
315
MONTH.
at
1890-97.
1895-90.
1896-97.
S
$
$
F ri.
N e w Y o r k . Customs R e c eipts .
a t Ne w Y o r k .
Exports.
Imports.
1895-90.
*
33.254,119 47,012,803 30,830.037 25.813,459
July ...
August....... 32,294,914 43,938,854 28,030,172 20,485,213
September.. 32.649,399 41,097,882 30,495.160 26.573.600
33,139,446 49,975,928 35,480,78d 31,775,858
October
November. 32,453,174 39,589,301 32,620.500 29,723,271
December. 38,20\41‘ 40,320,020 35.741,707 32,103.201
January ... 34,415,110 44.795,519 33,467.694 33,801,742
O
£
$
8,259,048 10,634,705
8,450,766 10,299,618
7,621,220 9,750,892
7,103,420 9,299,378
6,046,183 7,703,431
7,285,290 8,819,902
7,705.400 10,424,675
210.4 0,285 300,333.307 '21,072.125 2->0,2: 9,470 53.131.337
Total..
Month .
66,938.661
S il v e r —N e w Y o r k .
N ew Y o r k .
at
Imports.
Exports.
<1
1890-97.
1895-90.
1896-97.
18J5-96.
1890-97.
1896-97.
Q
1
*
f
I
*
Imports.
13%
96
15%
17m
3*78
53%
13
9%
1895-90.
*
The imports and exports of gold and silver for the seven
months have been as follows:
G o ld M ovem en t
51%
t9%
1896-97.
O
a
28%
7%
16%
359,947
July...........
3,500,080
A ngust......
September. 30,735,333
October. .. 23,133.791
4,010,890
November..
159,837
December
201,329
January —
T o ta l...
Exports.
298.097
1,234,107
500,240
1,520,438
180,450
803,808
7,217,055
8,998,S70
50.5P0
47,805
99,839
293,201
’ 184,095
302.281
2,210,? 73
10,295,750
10,479.509
1,560,195
13,982,000
14,815,095
10,633,473
02,227.203 11,754.8011 9,077,2-7 75,902,001
«
1,191,471
391,000
799,695
874,738
860,016
659,572
956,934
5,003,469
4,890,384
4,898,877
4,507,071
4,391,880
4,561,681
3,421,002
5.835,420 31,740,970
© 0 iu u x e r c ta l a n d J ^ tts c c lla iie c r xxs i^ e u r s
Auction Sales.—Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction
I mports and Exports for the W eek .—The following are
By Messrs. R. V. Harnett & Co.:
the imports at New York for the week ending for dry goods
Shares.
Shares.
1 0 T he C rystal W ater Co. of
Feb. 4 and for the week ending for general merchandise 3 0 Im p orters & T ra d er s N at.
Bank.................. .531-534
E d g e w a te r .........................
6%
Feb. 5; also totals since the beginning of the first week in 25 T rad
esm en's N at. B a n k .. 85
January.
By Messrs. Adrian H. Muller & Son:
FOREIGN IMPORTS AT NEW YO RK .
For week.
Shares.
1894.
18 9 5 .
1896.
1897.
$ 3 ,5 1 3 ,2 3 3
6 ,1 3 4 ,9 6 2
$ 1 ,9 9 2 ,8 4 8
5 ,3 4 4 ,9 3 0
$ 1 1 ,2 4 5 ,5 0 2
$ 9 ,6 9 8 ,1 9 5
$ 7 ,3 3 7 ,7 7 8
$ 1 6 ,1 6 7 ,0 3 0
3 6 ,3 3 7 ,1 1 0
$ 1 8 ,3 4 1 ,7 7 8
3 2 .2 9 6 ,2 1 2
$ 9 ,3 6 1 ,1 4 3
2 8 ,5 5 4 ,3 0 0
$ 5 2 ,5 0 4 ,1 9 6
$ 5 0 ,6 3 7 ,9 9 0
* 3 7 ,9 1 5 ,4 4 8
D ry g o o d s ........
G en’I mer’dise
$ 2 ,4 7 6 ,0 7 0
5 ,8 3 2 .0 1 5
$ 3 ,0 2 6 ,0 3 8
8 ,2 1 9 ,4 6 4
T o t a l ..........
Since Jan. 1 .
D r y g o o d s........
G e n ’I m er’d lse
$ 8 ,2 1 8 ,0 8 )
$ 1 1 ,6 7 8 ,8 3 3
3 3 .5 1 0 ,5 7 3
T o ta l 5 w eek s..
$ 4 5 ,2 1 9 ,4 0 6
The imports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement o f the exports (exclusive of
specie) from the port of New York to foreign ports for the
w e e k ending Feb. 8 and from January 1 to date :
\
City Railroad Securities—Brokers’ Quotations.
Bid.
EXPORTS FROM NEW YO RK FOR THE W EEK.
18 9 7 .
1896
1895.
1894.
F o r th e w e e k ..
P r e v . rep orted
$ 6 ,8 4 7 ,8 5 1
3 3 ,1 8 8 ,4 3 5
$ 8 ,1 2 7,2 4 2
3 3 ,7 0 1 ,1 2 3
$ 6 ,2 2 8 ,1 3 1
2 9 .6 4 3 061
$ 3 ,1 4 4 ,5 1 4
2 8 ,2 9 3 ,8 4 7
T o ta l 5 w eek s.
$ 4 0 ,0 3 6 ,2 9 6
$ 4 1 ,8 8 8 ,3 6 5
$ 3 5 ,8 7 1 ,4 9 2
$ 3 6 ,4 3 8 ,3 6 1
The following table shows the exports and imports o f specie
at the port of New York for the week ending Feb. 6 and
since January 1, 1897, and for the corresponding periods in
1396 and 1895 :
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
Exports.
Imports.
Gold.
Week.
Since J a n .l.
Week.
Since J a n . 1.
G reat B r i t a in ..........
$502
4 3 ,4 4 1
$ 3 ,1 0 0
9 ,4 0 2
8 ,9 0 4
2 ,3 1 0
10
1 7 0 ,5 5 4
1 4 ,1 2 4
6 7 ,3 5 6
2 ,3 1 0
$ 2 5 1 ,8 3 1
1 1 ,3 5 4 .7 3 5
2 6 ,6 1 1 ,7 5 7
$ 2 3 ,7 1 6
3 ,9 0 4 ,3 7 1
2 3 ,2 2 5
$ 2 5 4 ,8 5 6
1 1 ,0 9 8 ,5 4 9
5 4 0 ,5 6 8
W est I n d ie s ..............
$ 3 0 ,9 5 0
$ 2 0 8 ,3 9 0
South A m e r ica ........
A ll o th er co u n tries.
2 3 ,6 4 1
T o ta l 1 8 9 7 ..........
T o ta l 1 8 9 6 ..........
T otal 1 8 9 5 .........
$ 5 4 ,5 9 1
8 2 8 ,0 9 5
8 7 ,9 2 1
Silver.
Exports.
W eek.
Im p orts.
S ince J a n . 1.
W eek.
G reat B r i t a in ..........
F r a n c e .........................
G erm an y ....................
W est I n d ie s ..............
$ 7 7 8 ,7 0 0
6 5 ,0 0 0
South A m e r ica ........
A ll o th er co u n tries.
11,4 7 5
1 1 ,4 7 5
$ 9 ,5 0 0
1 3 ,6 6 5
1 1 ,2 8 8
T o ta l 1 8 9 7 .........
T otal 1 8 9 6 .........
T otal 1 8 9 5 .........
$ 8 5 5 ,1 7 5
9 2 2 ,0 8 0
6 1 3 ,9 0 0
$ 4 ,0 6 8 ,6 7 4
5 ,1 1 9 ,9 9 6
3 ,4 9 1 .7 8 4
$ 3 4 ,4 5 3
1 0 ,0 0 6
1 8 ,1 2 8
$ 3 ,6 1 8 ,0 9 4
4 3 1 ,0 0 0
3 ,1 0 5
S ince J a n . 1.
$320
..............
3 2 .5 3 4
1 4 7 ,9 8 3
8 3 ,8 6 7
1,345
Atl&n. Ave., B’ klyn—
Con. 5s, g., 1931.. A AO
Impt. 5 a, g., 1034..JAJ
Bleek. 8 t. A Ful.F.—8tk.
istm ort.. 7 b. 1900.JAJ
Brooklyn Rapid Transit.
B’ way A7th Ave.—Stock.
Istm ort.,5s, 1904.JAD
3d mort., 5s, 1914.JAJ
B’way 1st, 5 b, gnar. 1924
2d Ss.lnt.as rent’1.1005
Oonso!. 5s, 1943...JA D
Brooklyn City—8tock....
Consol. 5s, 1941...J A J
Bklyn.CTo88t’n58.1908
Bkrn.Q’nsCo.&8ub.l8t
Bklyn.C.AN’ wt’ wn—Stk
5s, 1939
Ask.
157
{103 104
112
80
77
{100
29% 31 Eighth A venue—S took ... 335
{106 108
Scrip. 6a, i9 1 4 ............... 110
21% 21 % 42d A Gr. St- Fer.—8took 330
197 205 I 42d St. Man. A S t.N . Av.
108
{105
1st mort. 6s, 1910.M&S {113
{106
2d mort. Income 0s. JAJ
55
{113 116 1 Lex.A ve.& Pav,Ferry 5s. 117%
104%
{103
Metropolitan T raction... 107
118
Ninth A venue—S to c k ... 100
173 174 Second A venue—S tock .. 135
113
letm o rt.,5 8 l1909.MAN 108
103 105
D ebenture 5 b, 1909, J AJ 102
100 103 Sixth A venue—Stook__ 193
160
Third A venue—S to o k . . . 156
{110 112
1st mort., 5a, 1937.JA J 121
200
Twenty-Third 8 t.—St'k. 300
{105 n o
Deb. 5 b, 1903.................
153 160
Union Ry—S to o k .............
112 114
1st 5a, 1942 ..................... {*103
117% 117% W eatoheat’r, lst,gu.,5a. {101%
150 156
101 104
addition to the other tables given in this department, made
up from weekly returns, we give the following figures for
the full months, also issued by our New York Custom House.
The first statement covers the total imports and exports of
merchandise and the Customs receipts for the seven months
of the last two seasons.
163
115
102%
345
112%
350
55
60
118
109
170
145
110
105
200
157
102
103
105
102
(4as Securities—Brokers’ Quotations.
GAS C O M PA N IE S.
Bid. Ask.
B’klyn Union G as—Stock.
B o n d s.................................
Central.............. ..........
...
Consumers’ (Jersey City).
Bonds.................................
Jersey City A H oboken..
Metropolitan—Bonds........
Mutual (N . Y ......................
N . Y. A E ast R lv. 1st 5s..
Preferred .................. ......
Common.
.......... . ....
Consol. 5s ................
90
108%
105
70
100
180
105
230
104%
74
45
95
R a n k in g
G A S C O M PA N IE S.
91% Peoples’ (Jersey C ity )..
....... Williamsburg 1st 0 s ___
....... Fulton M unicipal 0 s ....,
75 E quitable............................
03
Bonds. 0s, 1 8 9 9 .............
....... St. P an !.............................. .
Bonds, 5s........................ .
135 Standard p ref...................
05% C om m on ..................... .
75% W estern Gas............... .
40 I Bonds. 5 s.........................
90% I
a n d
Bid.
A sk .
170
102%
105
198
103
49
78
105
79
59
89
175
203
105
52
81
108
81
01%
90%
f i n a n c i a l .
Spencer T ra sk & C o .,
2 7 Sc 2 9 P I N E
B A N K E R S,
STREET,
-
-
NEW
YORK.
65 State Street, Albany.
I N V E S T M E N T
F o r ,i o s T r a d e o f N e w Y o r k — M o n t h l y S t a t e m e n t . — In
Bid. A sk ,
D. D. K. B. A B at’^ - S t k .
1st, gold, 5s, 1932.JA D
Central Crosstown—8tk .
1st M .,0s. 1 9 2 2 ...MAN
Oen.Pk. N. A E .R iv .—8tk.
Consol. 7s, 1902...JA D
Columbus A 9th Ave. 5s.
Chrlst’p’rAlOth 8 t - S t k .
1st mort., 1898 ...A A O
$ 2 6 6 ,0 4 9
2 2 1 ,8 5 2
1 7 9 ,3 7 2
Of the above imports for the week in 1897 $2,90o were
American gold coin and $530 American silver coin. Of the
exports during the same time $40,950 were American gold
coin.
Shares.
4 0 0 W ashington W ater P ow 'r
175 N. Y. B iscu it .Co ............ 41%
Co. of Spokaue. .............. 25
1 00 M etropol. Iron & Land
1 N. Y. S o ciety L ib r a r y ... $9
Co., **25 e i c h ____$ 2 6 per sh
2 0 M ount M orris B a n k ___100
1 08 We t 8 k1g C onstruct. Co 15
1 0 Im p o rt’rs & Tradera’N a t
16 V c o s V al. Ry. C o.........* 2 0 lo t
B a u k ................................... 532
1 ,1 0 0 F io d le y Ft. W ayne &
1 C hem ical N at. B a n k ____ 4 2 5 0
W estern R R ..................$ 1 5 l o t
1 5 0 Second A ve. RR C o ____ 1 3 )
Bonds.
10 E q u ita b le G as-L igh t Co.
$ 1 0 ,0 0 0 W heeling B ridge <fc
o f N Y ................................200%
T er. R y 1st 6 s, 1 9 3 9 ............ 35%
5 Corn E x ch a n c e Bank ..2 9 4 % I $ 3 7 .0 0 > W heeling B ridge A
10 N at. Shoe & L eather B k . 91%
T er. Ry. 2 1 6 s. 1 9 1 0 .............. 4
1 0 ,0 0 u T he R loo-A spen Cons.
$ 1 0 ,0 *0 n o te o f The Sheffield
M inina Co. o f R ico, Col.,
& B in n in g . C onstr. Co___$ 3 2 lo t
$5 e ch ......................... $ 1 5 0 lo t
$ 1 8 ,* 0 0 P e c o s V ail. Ry. Co.
25 Empire City ^ire I ds . Co. 95%
lata. . . . .....................................
5
S E C U R I T I E S .
G eorge B a r c l a y Mo e f a t .
M
30
P ill*
A l e x a n d e r M. W h it e ,
o f f a t
S T H K E T
& W
bankers,
-
h i t e
V B W
INVESTMENT SECURITIES.
jb
,
V n i l
K
'6 1 0
THE
C H R O N IC L E ,
Posted rates o f leading bankers fo llo w :
"Che b a n k e r s ' (gazette.
________ __ ______ ________
F e b r u a r y 1 1.
—
9 1 V
2%
t* m t* U M .
#f
W h sn
F or
O en i. - P a y a b le .
K a li (*#a 4 t t Nto n tit)«
8 w n i 4c MuJjwpref.,,..
!*»rifle* m m . . . .
P **$ —
Utlw, h 1_*kr WtMMftMO$*»£• f
W m m t m u*.#ytv»adUi
Ftftendtit A Ctuttbnrift-vu!
Grist. A PRl*. ClLiiumtl
Wait Vst. ■
H-tfirrt Slnltvr«J8
ILJUd Av
M . Y. i % m
Pism 1M*»wranee*,
W . 1a-eftll* imhotin*
A m m * 1
A m m i r m icoal o t Mmt Ih;
well Mill i
X* w Kng., Teb?|v A. M eg, <qo*
Batfk* elm w i..
( B a y s in c lu s iv e .)
Mar.
1 Fob. 14
i A p r il
1 -----Feb. lfll----------3
“2
Fob. St, Feb 11
l i
.......
2% Mur.
x ----------Mar.
l
3
i
to Feb. 17 I
to
to
to
to
to
—
F ob .19
-----—__
----- —
2%
Fob.
20 Fi b. 14 to Feb. 26
5
Fob.
St* Feb 11 to Feb. 19
*>
4
2
i%
Mar.
Mar.
Mar.
Feb,
1 Feb. 14
1 Feb. 20
1 Feb, 2 1
13 Feb. 1
to
to
to
to
U nited S ta te s B o n d s ,— Sales o f G o vern m en t bonds at the
Board include $20d,000 4s, co u p ., 1925, a t 123’ ,; to 1 2 2 te :
$28,500 4s, coup., 1007, a t 113% to 118: §110,000 4s, re g .,
Mob. 1 1907, a t 1 1 1% to I l l y . ; $30,000 4s, reg.. 1925, at 128 W to 133%
Met. 1 and $15,000 5s, co u p ., a t 1 18 % .
The fo llo w in g are the
Mcb. X closing quotations :
Feb. 13
Peb.
P erio d s \ 6
2 » , . . . . . . . . . . . . . -re s -
to the bimd m arket.
A considerable proportion o f the
trad ing is done over the counter and therefore does n o t
48, 1907..........eonp.
Is, 1925....... .reg.
4s, 1935......... coup.
I t is reported in
som e quarters th at th e in qu iry for h igh-grade in v estm en t
securities is increasing rath er th an dim in ish in g, H ow ever
th a t m ay be there is no surplus o f su ch securities in the
m ark et, n otw ith stan din g th e large am ou n t o f S tate and
m unicipal issues w hich have been pu t ou t d u rin g th e past
three m onths.
The speculative elem ent in the Street has been interested
in the legislative inquiry into the m a n agem en t o f the socalled Trusts, an d m ade it th e occasion for a successful bear
m ovem en t on several o f th e industrial stocks.
cloths, w hich takes it ont o f th e m ark et, and the p la cin g o f
large orders for locom otives and for steel rails, w h ich is o f
recent, date. It is stated th at the breaking up o f the steel
rail com bin ation and the decline in price w hioli has fol
lowed have resulted in a large increase in the dem and for
rails.
The open m ark et rates for ca ll loans during th e week on
stock and bond collaterals have ranged from 1 % to 2 per
T o -ia y 's rates on ca ll were 1% to \ % p e r o e n t. P rim e
com m ercial paper la quoted a t 8 to 4 per cent.
The
Hank o f England
w eekly sta tem en t on
Thursday
show ed an increase in bullion of £885,795, and the percent
age o f reserve to liabilities w as 53'42, against 02-15
bust
week ; the discount rate rem ains unchanged a t 3 per cent,
The Bank o f France show s an increase o f 1,025,000 fran cs in
go ld and a decrease o f 075,000 fran cs in silver.
Tic S ew Y ork C ity Clearing-H ouse banks in their sta tem en t
of 11.4>, 8 ~bowed a decrease in the reserve held o f $3,200,700
ami a surplus over the required reserve o f $51,540,050, against
§##,143,2-50 the previous week.
1807
6,
m
»
Capital,
S u rp lu s
LAJ&BA iV
O r c u la f ..... „
t ejepos Ila
S p e c ie ___
i'nta
59,,72,700,4,8*8,100
D i'te r r n 's / r o m
P r r v . tett.k . j
»
!
1890
F e b . 8.
1895
F eb.
9,
if.
.......... | 61.122,700 6 1 ,6 2 2 ,7 0 0
..........
| 73,017,100 72,028,200
5 1 3 ,6 0 0 I n c . 8,747,900 418,431,800 484,580,600
10,787,500 Deo, 1,32 1,006 13,440,800' 11,505,300
568,901,SCOIn c.5,680,000,492,771,800 534,754,700
7sv5.Yl.50p Dec. 125,100 77,500,900 82,263,900
117,221,0)0 Dec.3,075,600: 85,874,500 85,191,000
ibfiMrw' hebt..... 186.7feO,500Dec.3,200,700 103.375.400 107,454,900
U'tu
L ceal r w r t c —
1 4 2 ,2 4 0 ,4 5 0 Inc .1 ,4 0 7 ,6 0 0 123,1112,975 133,088,075
Barplus
40.000 Dec- 4,608.200
Forcii-a E x ch a n g .,
40,182,425
83,760,225
The m arket f or foreign exch an ge has
boe dab and featur.,q03Si w (th quotations practically un-
ebanfeed,
\
To-day's actual rates oft exoh an ge were m follow s: Bankers
si^ f
oablee, 4 87@4 87%,
4^ ® * 8 5 5 demand, 4 86^04 87;
9.
F eb , 1 Peb.
10, ■ 11.
111%
111%
111%
122%
122%
1225s
112 % 113
112%
*1225.1*122% 122%' 122% *122%
122%
122%
Feb.
12.
95 % ' 95% * 95%
113% *113% •113% 113% ‘ 113%
*113% *113% *113% *113% 113%
5s, 1904 .........ooup,
6s, onr'oy,’9S...rec.
*103% *103 % 103% *103% *103%
*106%;*1()6% 106% -106% *100%
6s, onr'ey.’9 9 .. .reg.
*104 *104
4s, (Cher.) 1897-reg.
104 *104 *104
*104 *104
4s, (Cher,)1898.reg.
104 *101 *104
‘ 104 !*t<4
4s, (Cher.11899.reg.
101 *104 *104
* This la the price bid ati the morning hoard, no sa le was made
i*
-6
a
>-i
O
«
U n ite d S ta tes Sn b-T roa sn ry . — The follow in g table «htw» a
the d aily receipts an d paym ents at the Sub-T reasury d u rin g
the w eek.
B a la n ces.
Date.
Feb,
R eceipts.
*
2,376.649
4,529,627
2,165,352
2,437,159
2,472,939
Total! 13,981,726
granger roads m ake a favorable com parison w ith earnings
for the corresponding period last year. There are, m oreover,
hopeful signs o f renewed a c tiv ity in other directions. P ro m i
*111% *111%
112% *112%
Feb.
5 s , 1 9 0 4 ............. reg.
There is reported to be an increase in the m o vem en t o f
coarse grains into C h icago, and th e earnings o f som e o f the
nen t am on g these is the sale o f the accu m u lation o f print
Feb,
H.
- 95% * 95%
4s, t w o / . . . . . . . r e g .
Other than the tw o features above m entioned, the m arkets
have been largely devoid o f interest, in clu d in g th e foreign
exch an ge and m on ey m arkets.
dent.
D em an d .
4 85%
4 87%
4 84% 4-1 84%
4 83% ®4 84
5 19% 4 1811,n 5 17%® 1713,.
i0%fl®40%
4 0 % rf.|0%«
85 ®95't«
95%®957i«
T he follow in g were the rates o f dom estic exoh an ge on N ew
Yori, a t th e under-m entioned cities to -d a y : S av an n ah , bu y in g
1 1 8 d isco u n t,se llin g par ; C harleston, bu y in g 1-18 d iscount,
selling 1-18 premium ; New Orleans, bank, $1 00 p r e m iu m :
com m ercial, 25c- p e r i l , 000 d iscount; C hicago, 5Qo. per $1,000
d is c o u n t; S t, Louis. p a r @ 25o. per $1,000 prem ium .
W A L L HTItEKT. T H U R S D A Y , FEB, LI. 1897 -3 P. M.
E xch an ge records.
S ix ty D a y s ,
Prime bankers’ sterling bills on London,,
'rime oommorotal........................................
Documentary commorotat.. . . . . . . . . . . . . . .
Parlebaakera* (fraues). . . . . . . . . . . . . . . . . . . .
Aiioitordam (Kiiiblera) bankers.. . . . . . . . . .
■ 1’rnnlifiirt or Bremen (retebmarkal h’kers
T li»■ M on ej M ark et and F in a n cia l S itu a tio n .— L e gitim ate
business in W a ll Street this week has been confined largely
appear in the Stock
( Von,, L i l V
P aym ents.
$
(Join.
$
C oin O erl’s. i C u rren cy
2,426,390 123.296,363,
3,228,721123,299,258
2,161,5421123,290,014>
2,227,690 123,175,362
2,911,622 123,4.98.995!
HOI, ID AY. d
1,926,943
2,251,503
2,420,166
2,552,453
2,410,158
58,074,114
59,048,061
58,892,452
58,784,287
58,484,275
12,955,974
L o in s,— F ollow in g are th e current quotations in gold f t r
coins:
Sovereigns.......... S4 86 ®$4 89
Napoleons ........ 3 8o a 3 88
X X Helcbmarka. 4 74 ® 4 78
Fine silver bara... — 64% ® — 65%
Five francs...........— 93 a — 95%
Mexican dollars.. - 50%® — 51%
Do unooiti’ oial.. — — ® ------ 25 P e s e t a s ............. 4 77 a 4 81
Peruvian s ols..... — 45%® — 47%
Span. Doubloons.15 55 ®15 75
English
s ilv e r.... 4 83 * 4 87
Mex. Doubloons. 15 50 ®15 75
Fine gold bars... par ®% prera. U. S. tirade dollars — 65® — 75
S ta te an d R a ilr o a d B o n d s.— N o sales o f S tate bonds have
been reported a t the Board d u rin g the w eek.
N o tw ith stan d in g the dullness w hich prevails in other de
partm ents th e m a rk et fo r ra ilw a y bonds is activ e and gener
ally strong. A ll high-grad e offerings are readily absorbed
w ith ou t sup plying the dem and.
In m a n y cases the a c tiv ity o f issues n o t regarded as the
best is accom panied w ith a substantial advance in prices,
includ ing E rie 4s, N ew Y o r k O ntario & W estern , Giles. &
Ohio 5s, O regon S h ort L in e & U ta h N o rthern, S an A n to n io
& Aransas Pass, B rooklyn R apid T ransit and A m erica n
Spirits. There has been a" furth er decline in H o ck in g V a lle y
5s, and som e weakness is noticeable in K an sa s Pacifio, Read
in g 1st preferred and Southern R a ilw a y 5s. The a ctiv e list
includes also A tch iso n , N orthern P acific, C hicago & N orthern
Pacific. Missouri K ansas & T exas, R ead in g, T exas & P acific,
B urlington & Q uin cy, R ock Island, O hio Southern, M il
w aukee & S t. P aul, S t, L ouis & S an F rancisco, U n io n Pacifio
aud W est Shore bonds.
R a ilr o a d and Miscellaneous Stocks.—In the stock m arket
the m iscellaneous list has been m ost conspicuous. A tte n tio n
lias been called to A m erica n Sugar R efilling, A m e r ic a n T o
bacco, U nited S tates Rubber and U n ited S tates L eath er, on
accou n t o f the investigation o f Trusts w hich w as begu n by
th e Senate C o m m ittee appointed for th a t purpose, and
efforts to depress the m arket for these shares have been su c
cessful, On W ed n esd a y U . S. Rubber preferred had lost 7
points, A m . Tobacco 4 points and A m . Sugar 3 points w ith in
the w eek. A b o u t the on ly stren gth to be fou n d in the
w as in A m erica n Spirits, w h ich , in sy m p a th y w ith the
, m ade som e advnnoe.
T he principal feature o f the railw ay list is heaviness in th e
anthracite coal stock s and a d ecline, av erag in g over a
point fo r th e lead ing shares. This decline is based in part
on rum ors th a t there has been inside liquid ation o f L ack
aw an n a, and furth er on the u n favorable results o f operations
d uring the year 1890. The grangers have been relatively
stron g on th e heavy grain m o vem en t n ow in progress and
favorable prospects fo r the fu tu re, u n til to-d ay , w hen in
sy m p a th y w ith the general weakness o f th e m a rk et th e y
fra c tio n a ry declined.
S
F e b r u a r y 13, 1897;]
T H E
317
C H R O N IC L E .
NEW YORK STOCK EXCHANGE —A C T IV E STOCKS f o r week ending FEB . l 'i , and since JAN . 1, 1807.
Sales of
Range for year 1897.
the
[On basis o f ioo-share lots.J
W eek,
Shares.
Lowest.
Highest.
H IG H E ST A N D LO W EST PRICES.
Saturday,
Feb. 6.
M onday,
Eeb. 8.
Tuesday,
Feb. 9.
14% 14=8
14=3 14%
24% 24%
24 % 21=8
%
'%
*%
%
*15
16
*15
1 5 78
19
19
19 % 20
56 % *55% 5 6 %
*56
46
*45
445% 4 5 %
98 % 98%
598% 99 %
12
*11
511
14
*L7% 17%
17% 17%
*1 6 4
'1 6 4
74
74%
7 3 % 74=8
*42
45
*42
45
*95
98
*95
98
75% 75%
75 78 70
133
133
133
133
104
104
103 % 104
*153
*153
67*3 6 7 %
66 % 67
49
‘ 4S
*48
49
'1 2 9
137
‘ 129 137
*27
28
27
27
9%
9%
1083s 108%
1 5 2 % 1521s
11
12%
043
43
15
§15
'3 5
30
*
22
*25
31
*122
123
'941s 96
*7
8
*25% 26
*16
17
67
67
*152% 153%
4814 48 %
50% 5 0 %
*
%
14=8 14%
24% 24=8
%
%
*15
15%
20
20%
*55
56
45
45
99
99%
*1 1 % 12
1 7 3 3 17 %
*164
74 % 74 %
*42
45
*95
98
7538 76
133 133
103% 104%
§153
153
67 % 67%
48%
"48
*129
137
27% 27 %
*74
9*8 10%
9 78 10%
4-ri
45
107% 103% 107% 108%
151% 152% 152% 152%
*11
12
*41% 42%
514% 14^0 *14=8 15
"35
*35
36
36
.........
'2 5
31
31
122 122
123
*121
*91% 94
'9 2
93
*7
*7
8
8
*25
*25
26
26
*16
17% *15% 17%
*66
*65
68
67
*152% 153% 153% 1 5 4 %
48
48
548
48
49=8 50 %
49% 5030
*
% *
%
89 % 89=s
89% 9 0 %
88% 89 %
110
*108
107
106% 106%
108
"9 0
93
90
90
*88
92
*19
20
‘ 19
20
*19
20
*78 % 80
*78
80
*78
80
*47
4 8 % ‘ 47
40
*47
49
*13% 13%
13% 1334
13% 13%
30 % 30 %
30
29=8 30 %
30%
*22
22%
22
22
2 1 78 22
*21
23
‘ 21
*20
23
23
Wednesday,
Feb. 10.
Thursday,
Feb. 11.
14%
24%
*%
15
21
*55%
§45%
98%
14%
24 %
%
15 %
21%
14%
23 %
%
15%
21%
*54%
45 %
545
h i
12
17%
17%
*162
74%
*42
*95
7 5 78
133%
103%
*153
67%
4 7 78
*129
26%
99
7 4 7e
98
76%
133%
104
98
n%
17
‘ 162
%
'4 2
*95
75%
133%
103%
74
Friday,
Feb. 12.
A e tlv e R B , S to c k s .
At.Top. & S.Fe, alllnstal. paid
Do
pref
Atlantio & P ac ific ...................
Baltimore & Ohio.....................
Brooklyn Rapid Transit........
Canadian Pacific.....................
Canada Southern. .
Central of New Jersey............
Central Paoiflo..........................
Chesapeake & Ohio.................
Chioago & A lto n .......................
Chicago Burlington & Quincy
14%
24
%
15%
213*
55%
45
98%
11%
17%
74 %
45
98
75%
133%
103%
. Bo
pref.
Chicago Milwaukee & St. Pau
. Do
pref
Chicago & Northwestern___
67
67%
67%
4 7 % 473*
48%
5133
133
137
‘ 26% 27
27
*75
8%
9%
9 %
9%
40
107 108% 1 0 6 % 107
1 5 2 % 152%
1 5 2 % 153
_____
514=8 14%
'3 4
36
14=8
'3 1 %
Chicago Rock Island <tePacilic
Chioago St. Paul Minn. & O m .
Do
pref
Cleve. Cincin. Chic. & St. L ...
Columbus Hooking VaL JfcToi
Delaware & Hudson...............
DelawareLackawanna<feWes
Denver A Rio Grande
E r i e ...............
Do
14=8
35%
Lake Erie & W e s te r n .....
. . Bo
pref
Cake Shore & Mich. Southern
Cong Island...................
Louisville .t Nashville
Louisv. New Albany A Chic
89 % 90
107
107
92
•88
*19
20
‘ 78
79%
‘ 47
48%
13% 13%
2 9 % 29%
21% 22
*20
22%
Manhattan Elevated.oonsol.
Metropolitan Traotion. .
Michigan Central...............
Minneapolis & S t Louts
le t pref
2d pref
Missouri Kansas & Texas
Do
pref
Missouri Paottto...................
Mobile (feOhio___
89% 9 0
106% 108
92
•88
‘ 19
20
578% 7 8 %
48 %
*47
13% 13%
2 9 % 29%
22
22
*20
22%
*
*
*
37
* _____ 37
37
37
37
93 % 9 3 %
9 3 % 93 % S93
93% *93% 9 3 = 8 493
93
*11
12% *11
12 %
11% n % *11
11
12%
li
*55
70
'5 5
*55
70
*55
70
70
70
'5 5
*23
26% *23
*23
24% 2 4 %
27
24
24
27
§168% 1 6 8 % §165% 165% §165
165
*166
170
169 *166
14% 14% 514% 14% > u * 15%
14 % 14%
1 4 78 15
*8*4
'8 %
*8%
9
>8%
9
9
9
9
0
*24
25
* 2 4 ^ 25
*21% 25
25
25
26%
25
*11% 12% *11% 12% *11% 12% *11% 11% '1 1 % 11%
*17% 1 § ,
•17% 18
*17% 18
5 1 7 % 17% *16%
17%
15% lo %
14% 15%
14% 15%
14% 143*
14=8 15%
38% 3 8 %
37% 38%
37
3 7 = 8 36 %
38%
3 7 7a 38=8
*14
23
-1 4
23
*14
24
*14
'1 4
24
21
44% 44%
44
44
44
44
5 4 3 % 44
43% 4 3 %
20% 26%
25 % 26%
25
25%
24=8 25 %
24% 25%
*13
13%
13
13
*13% 13% •13% 13% '1 3 % 13%
51
51
*4S
51
*48
52
*48
55
*117
118 '1 1 7
118
•117
118
•117 118
*56
6L
•56
61
*56
61
*56
61
5%
5=8
5=8
5=8
5=8
5*8
5=8
5%
3y% 39 %
39
39
39% 39 %
39% 3 9 %
15*4 15%
15
15
15% 15%
1
5
%
15=8
3%
3%
3%
3 %
3=8
4
3=8
*3%
10% 10%
10% 10% *10% 11%
10% 1 0 %
*20
23
'2 0
23
*20
23
‘ 20
23
*85
90
-8 5
90
90
*85
*85
90
*114
117
'1 1 4
117
*114
117 §116
116
15 % 15%
15
15%
15% 15%
15
15=8
9"%
9%
9%
9 %
9%
9%
9 %
9%
2 8 % 28 %
7 7a 28%
28
28%
28 % 23%
9%
9%
9%
9%
9%
59%
*9%
9%
7%
7%
6%
7
0 78
7
7 %
7%
12
2%
2
2
2%
2%
* 178
' 178
*6%
6%
*6%
6%
*6
'6 %
6%
15% 16%
15% 15%
1 5 7s 15 % •15% 16
2%
2%
2%
52%
52%
2%
2%
2 %
9% 11%
*9% 12
19%
9%
•9=8 12
*2
2%
12
*53
13
13 %
31%
32 %
114 >8 1 1 1 %
101%
71%
§100%
AU'8 "11
77%
76%
148%
*30 % 3 4 %
23
23
23 %
487% 87 %
89
4%
4%
54%
25%
*92%
§156
150
155
65% *64%
11%
10%
28%
8%
58 %
22
#o
573%
83
82%
56
13%
12
55
14%
33=8
113%
102
72%
102
11%
77%
148%
35%
23%
89
4%
25%
155
65%
11
29%
8%
59%
22
75
83
*11%
55
13%
32 %
111%
102
69=3
*100%
n%
77
147%
34%
*22%
588%
4%
25=8
*92%
154%
*6*1%
10%
29
8%
58=8
19 78
72%
82 %
12
55
13%
32 %
113%
102%
71 %
104
11%
77=8
147%
35%
23 %
89%
4%
25 %
155
65%
10%
29%
8%
59 %
2 0 7s
74
83
1st pref.
Evansville & Terre Haute.
Great Northern, oref...............
Illinois Central...........
Iowa C e n tr a l....
*25
*25
31
31
*121 123
'1 2 1
123
*91% 92%
93
93
8
‘7
8
*24% 26
*24% 26
*15% 17% *15% 17%
63
566=8 66=8 '6 5
153% 153%
154 151
50
548% 4 8 % '4 4
50% 5 0 %
4 9 % 50
% *
%
*
11
STOCKS.
•11%
55%
13=8
32%
110%
101%
68%
101
'1 1
76%
146%
35
22%
88%
'4 %
25%
*92%
'1 5 4
*64%
10%
28%
8%
68
1 8 78
68
82%
* These are bill and asked; no sale made.
12
55%
13%
32%
112%
101%
70%
101
n%
77%
147
35 %
22=8
89
4%
25 %
156
65%
10%
29 %
8%
59
20%
72%
83%
H
D
►
KJ
118
61
*117
'5 6
5
*39
New E n g la n d ....”..
New York Central & Hndaon
New York Chicago & St. Louis
Do
1st pref
%
15
5
%
40
15
3 %
3%
§10
10
*20
23
90
•85
§114 114
15% 15%
9
9%
27 % 27%
'9 %
9=8
7
7%
2%
'1 %
•6%
6%
15% 16
42
2%
*9% 11
2%
*11
*51
13%
*31
111%
101%
68 %
100
11%
76%
147
34%
22 %
487%
44=8
24%
*02141
155%
*64%
410%
28%
8%
57
18%
67 %
82%
12%
56
13%
33
112%
101%
69%
100
11%
77%
147
35
22 3i
87%
4%
25%
155%
65
10%
29
8%
58=8
18%
68%
82=a
(L e ss than 100 shares.
N ew Y ork N ew H a v e n * Hart.
New York Ontario & Western.
New York Susq.& W est.,new .
Do
pref.
Norf.A Western.all lustaL pd.
Do pref.,tr.otfa.allin8.od.
Nor. Pacific Ry. voting tr.ctfs.
Do
pref.
Or. Rlt. & N av.C o.vot.tr.ctfs.
Do pref., vot. trust.ctf«.
Phila. Jc Reading all inst. Dd.
Pittsburg Cinn. Chlo. & St. L
Rome Watertown & Ogdensb.
St. Louis Alt. & T. H.,tr.reots
St. L. <fc San F r., vot. tr. ctfs.
Do
1st pref.
Do
2d pref.
St. Louis Southwestern___
Do
pref.
St. Paul & D u lu t h ...................
Do
pref.
8t. Paul Minn. & M anitob a...
Southern Paoitio Co...................
Southern,voting trust, oertlf.
Do pref., voting trust, cert.
Texas & Paoitio....................... ..
Union Pacino trust receipts..
Union Paolflc Denver & Gulf.
Wabash............. .. . . . ...................
Do
pref.
Wheeling & Lake Erie.............
Do
pref.
5,313
14,113
1,400
1,005
3,739
13%
22%
%
14%
18=s
492
2,702
260
1,830
44%
93
11%
16%
26,187 J6 9 %
Jan. 8 1 5 % Feb. 1
Jan. 11 2 5 % Jan. 30
Jan. 22
% Jan. 14
Jan. 22 18
Jan. 8
Jan. 7 2 1 % Feb. 11
25
8
Jan. 13 4 6 % Jan. 19
Jan. 25 103% Jau. 19
Feb. 11 15 Jan. 5
Jan. 4 18% Jan. 18
18 §167% Feb. 4
Jan. 5 7 7 % Jan. 18
§ 95 Jan. 8
72 % Jan. 5
874 131 Jan. 6
2,625 102% Jan. 2
33
12
5 ,726 6 5 % Jan. 5
868 4 7 Jan. 2
20 133% Jan. 18
725 26 % Jan. 2
4
2 ,480
7 Jan. 27
10
21
7,815 106% Jan. 27
3,850 151 Jan. 29
27
40
21
395
14=8 Jan. 11
33 Jan. 11
13
3 3 ,5 3 7
100
120 Jan. 16
9 2 % Jan. 8
27
4
16 Jan. 30
296 67
Feb. 6
1,190 152 Jan. 2
230 42% Jan. 22
16,294 4 7 % Jan. 5
11
4
5,705 87 Jan. n
1,456 106% Feb. 9
100 90 Jan. 28
19 Jan. 6
6 0 78 Jan. 16
16
500' 13 % Jan. 4
2,875 2 8 % Jan. 4
2,495 20 Jan. 4
14
§ 7 0 Jan. 25
120
484
200
300
35
1,161
100
2 ,480
30
12,9 7 2
24,188
892
25,2 4 3
100
92=8 Jan.
11 Feb.
7 0 Jan.
24
Feb.
160 Feb.
14 % Jau.
8 Jan.
2 2 % Jan.
5 1 1 % Jan.
17% Jan.
13 Jau.
32 % Jan.
§ 1 5 Jan.
37 % Jan.
2 4 % Feb.
12% Jan.
50 Feb.
50 5 1 1 7
1 ,150
450
620
1,552
360
25
1,630
3 ,537
7 ,4 5 4
510
3 ,960
100
110
405
855
28
Feb. 3
Jan. 18
Feb. 3
Jan. 18
?9
70
Jan. 16
5 2 % Jan. 18
133% Jan. 18
3 0 Jan. 18
7 3 % Jan.
18 Jan. 8
121% Jan.
6
1 5 7 % Jan. 18
19
1
4 3 7« Feb
15% Jan. 18
3 5 % Jan. 18
21 Jan. 15
122
95
Feb. 5
Jan. 2 2
16
18%
70%
154%
55
Jan. 18
Jan. 20
Jan. 19
Jan. 8
19
A
94 Jan. 18
1 1 0 % Jan. 5
12
29
7 9 % Jan. 18
48 Jan. 30
1 4 % Jan. 18
3 1 78 Jan. 18
2 4 % Jan. 18
12
§ 7 0 Jan. 25
26 95 Jan.
11 12=2 Jan.
22 7 0 J an.
10 27 Jan.
2 5178 Jan.
12 1538 Jan.
22
9% Jan.
25 26=2 Jan.
18 5 1 1 % Jan.
20 1838 Jan.
23 163s Feb.
5 3830 Feb.
15 § 1 7 % Jan.
K 4 5 % Feb.
11 28 % Jan.
11 14 Jau.
50
Feb.
19
18
22
7
4
18
18
18
18
30
1
6
18
3
18
21
1
Jan. 26 §119 Jan. 18
4%
37
12%
3%
10
Jan. 25
Jan. 29
Jan. 27
Feb. 6
Jan. 6
4
§ 87 Feb. 3
Ill
Jan. 28
13 % Jail. 13
9 Feb. 11
26 Jan. 4
8 % Jan. 2
6 % Jan. n
2 J ail. 29
6% Jan. 4
15=8 Jan. 4
2 Jan. 18
9 % Feb. 5
2 % Jan. 6
5%
40
16
4%
11%
22%
587
114
15%
10
29%
10 %
10
2%
7%
17%
6%
29
2%
Feb.
Feb.
Feb.
Jan.
Jan.
Jail.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
4
3
3
18
18
13
3
28
18
16
19
18
5
6
16
18
2
5
H
8
2
5
5
5
7
11
11
4
5
2
11
5
10
2
9
14%
56%
14%
33%
118%
103%
79%
106%
13%
79%
150
36%
26%
91
5
26 %
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Jau
Jan*
Jan,
Jan.
Jan.
Feb.
Jan.
Feb.
Jan.
Jan.
10
19
9
8
19
27
14
14
6
18
28
2
19
2
18
18
IVIlaeeU aneoiiH S t o c k * .
American Cotton Oil Co.........
135 12 Feb.
370 5 4 % Jan.
Do
pref.
Amerioan Spirits M fg. Co___ 13,307 11=8 Jau.
8 .250 26 Jan.
Do
pref.
.American Sugar Refining Co. 2 3 0 ,0 1 2 1 1 0 Jan.
Do
pref.
2 ,350 1 0 0 % Jan.
Amerioan Tobaooo Co............. 47,061 6 8 % Feb.
Do
pref.
464 100 Feb.
Bay State G a s ............................
9 5 0 10% Feb.
Chicago Gas Co., certs, of dep. 11,525 7 3 % Jan.
Consolidated Gas C om pany..
1,699 1 3 6 % Jan.
General Electric Co...................
7 ,731 3 2 % J»n.
National Lead Co......................
1 ,4 2 3 2 2 % Feb.
Do
pref.
631 88 % Feb.
North Amerioan Co...................
4 % Jan.
479
Paoiflo M ail.................................
1 ,4 0 0 2 4 Jan.
Pullman Palaoe Oar Company
Silver Bullion Certifloates___
Standard Rope & T w ine.........
Tennessee Coal Iron & R R ...
United States Leather Co.......
Do
pref.
United States Rubber Co____
Do
pref.
Wentem Union Teletrranh . . .
598%
77%
133%
105%
579 152 Jan. 2 1 5 9 % Jail. 18
10,000 64 78 Jan. 19 6 5 % Jan. 27
1,247 10% Jan. 4 11% Jan. 19
5 ,885 25 % Jan. 4 31 Jan. 18
8 % Feb. 5
9% Jan. 19
610
34,9 1 9 57 Feb. 11 64 Jan. 19
4 ,8 4 7 18% Feb. 11 2 5 % Jau. 19
3 ,395 67 % Feb. 11 7 6 7s Jan. 6
4 .863 82 % Feb. 8 86 Jan. 18
TH E
318
C H R O N IC L E .
IVol. LXIV.
JfK'V YORK STOCK B X O flU N U E P R IC E S ( C o a t i o a e d ) — T N A O V t V E :3 T O O K S .
tiucrrw* s ro c* * ,
* lBd?e*S«* aoUou 4.
H > l lr o t < S to r k * .
Ann Artn.r................ .
Preferred .. - ---- --.. .
i t e i Top. 4 f* o t* r e , .
Ban. * o . s. w. t<r«f., no
Se»*.in * I* T. Air lin o
Brooklyn Elcwatc4 V ...
Preferred.
S a ri
caur***) Great W er.ora...
d o r . Lor;
Olere'and A PULbont.......
Dm Ms ibm A Ko! Dodge,
Preferred..........................
Preferred f . — ..................
S ra u eiU e A TWro H. prof,
flin t A Pore MnrquoMe... ..
Preferred.............. . . . . . . .
ConowU* A Michigan,.........
Preferred,
Mexican Kutioni
Storrl. A K «*fi.
B. Y. Loo*. A W.
kor'oltr A B«"*b«
Poor!* * F»*tern
F tb . 11.
Ask.
Bid.
in 1807
R ange
170 Feb,
—10€ 170
0**; 0 Jan.
SH
:
38 J;m.
..UK 186 H
:i2
la w 12 i> b.
3
5
!
....
..ii>0
.100 104 106 10ft Jnn.
6
4
.
...
..to o
2 0 H Jnn.
105, 22
g .x m
J hu.
US
76
71
72 Feb.
4
Jan,
ft
....
.. 50 165 1 -0 106 Feb.
9
8 s. Jun.
8
-1 0 0
56
-I'd 33i Jan.
.100
8»*
8 Jan.
8
OH,
..100
45
37
SO** Jun.
...50
..100
30 Jan.
-10 0 ___
....
5
7
2
4
3 Jan.
27 Jan.
13H 14
8 Jan.
ltg Jiun.
i
1H
.100
162 105 164 Jan.
..... 110 Jan.
100 ____
.ion ....... . . . . . .
14% Jan.
.100
2
.100
2% Feb.
2H,
5
8
3 Hi Feb.
.100 105 170 165 Jan.
__„ . . . . . .
....
178 isa 180 Jan.
__ ir 40 Feb.
100
25
....
100 15
75
100 50
100|
.
...
OHij
PUD. A West, prof.............
a «n .M t.ot .* BaniUMea....
Etc O ritJ t Western pref..
Toledo * Ohio Central........
Preferred....... .. ................
Tol, St. U a- Kan. City?—
Preferred 5 . . . ...................
* No price Friday; latest prloe this week.
IHACTIVK STOCKS,
f Indicate* unlisted.
Highest.
L oicril.
fllls c e lla n e o n * S to c k * .
170 Feb.
101* Jan.
27 Jnn.
12% Feb.
.. . .
10ft Jnn.
.. ■
22Hi Jan,
ftS Jnn.
72 Feb.
ft Jnn.
.. . .
1681. Jan.
84l Feb.
....
3 Ui Jan.
8 Jan,
t o 1* Jnn.
Amerloan Bank Note Go H ___
American Coal............. ............
Amerloan Express...................
Amer. Telegraph A Cable.......
f t I n d u s a te a a c t u a l m i l e * .)
Feb.
Bid.
11.
ABk.
R a n g e (t a le s j in 1897.
Lowest,
H igh est.
|U7Hi 148
147% Feb. 155
i i i i TF
juofte
189
189
%
Hi
175 "Jau . 125 "J a n ,
109% Jan. 112 Feb.
85% Jan,
91% Jan.
85 Jan.
91 Jan.
°B Jan.
®8 Jan.
Jan,
1%
Hi Jan.
1 Jan.
2 m 25
23 Jan.
27 Jan.
Preferred................................. 100
90
Ool. A Hook. Goal tr.rots.allpd. 100
4
3*
4 Jan.
h*» Jan.
Oommerolal Cable.................. ..100 158 172
Conaol. Coal of Maryland_____100 33
40
35 Feb. 37% Jan.
Detroit Gas....... ...................... ..100
20 Jan.
2ft fan.
Edison Eleo. 111. of N. Y ........... lot) 1104 Hi
101% Jan. 100% Feb.
Edison Eleo. 111. of Brooklyn..100
97 Feb. 97 Feb.
Erie Telegraph & Telephone ..100
64% Jan.
67 Jan.
Illinois SteeL.............................. 100 (32% 33 Hi 31% Jan. 42 Jan.
Interior Conduit A Ins........ ...100
Laclede Gas.................................100 23
24
22% Jan.
25 Jan.
Preferred..................................100 70
7ft
75 Jan. 75 Jan.
Maryland Coal, pref...................100 40
60
--i
Michigan-Peninsular Car C o.. .100
12 Jan.
12 Jan.
Preferred............................. ...1 00
52 Feb.
Minnesota Iron...........................100
50
5o Jan.
51 Jan.
National Linseed Oil Co............100 t i m
13% Feb.
15 Jan.
4
7
National Starch Mfg. Co...........100
5 Jan.
S Jan.
5
New Central Coal........................100
5 Jan.
7
5 Jan.
10*4 11% 10^ Jan.
Ontario Silver M ining............. 100
10% Jan.
Oregon Improv't C o.tr.recta..100
__
Pennsylvania Coal..................... 50 320
3
1 % Jan.
Quicksilver Mining.......... .........100
1
1 % Jan.
Preferred..................................100
11
11% Jan.
11% Jan.
Standard Gas. pref.it................. 100 107 lo g 's 102 Jan. 10? Feb.
70 Jan,
Tennessee Coal A Iron, p ref... 100
70 Jan.
itlAxlS Pacific Land Trust........ 100
U. 8. Express..............................100 37
40
37 Feb. 40 Jan.
97 Jan. 100 Jan.
Welle. Farvo Express ............... 100 I9SHi
30
Jan.
....
3 Jan.
28% Jim.
8% Jan.
1 Jan.
107 Jan.
121 Jan.
16
Jan.
2** Jan.
3 % Feb.
Lfl6 Jan.
....
.88 Jan.
■U)>4 Feb.
....
....
.. . .
J Actual sales.
NEW Y0BK STOCK EXCHANGE P B IC E S .-O T ^ r # BONDS F E B R U A R Y 1 1 .
BEUUEITIE8.
Bid.
SECURITIES,
Ask.
B id .
Missouri—Fund............. 1894-1895
North Carolina—6e, old ..........J&J
Funding act*...... ................. 1900
New bonds, J&J ......1892-1898
Chatham R R ............................. .
Special tax, Claes I . ........ . . .......
Consolidated 4 b. .............. .. 1910
,x914
6a................
...1919
Stumped 4a— ...... «......
........ South Carolina—4J*s, 20-40.. 1933
Mew- w n m ft. 4#............ - *1914 **9*5%
68.non-fund .......................1 8 8 8
.1906 105
.1906
.1906
1920
Arkansas—6s, fund. EEol.1899*1900
dn. Non-Holfi.r.l
N ew Y o r k C ity B a n k S ta te m e n t fo r th e w e e k e n d in g
F e b . 6, 1897, W e omit t w o ciphers (0 0 ) in all cases.
B anks.
<00# oraltied.)
O apiktil ShtrpVs] L oa n s.
S pecie.
L eg a ls. D eposits.
3E O U B IT IE S ,
A ak.
Me hank*' <fc Trad’#
Greenwich— . . . .
Leather M anufiic’m
SeT'-nth..............
State of New York.
American Exchange
Cornmen a ...........
Broadway............
Mercantile.. . . .......
Pacific........... .......
Repubiio.............
Chatham. .......... — People#’. ... .......
North America......
Hanover..... .......
Irving ................... .
Citizen »*...... ..
$2,000,0
278,6! 1.993.0
158.4
985,3
485.9 2.934.0
800,0
300.0
1.581.0
1.200.0
i M 31.192.1
5.000. 2.482.1
0
23.704.0
5.000. 3.072,8:
0
22.704,(5
1.000. 1,665,51
0
0,004,9
400.0
200.0
266.0
103,5
301.8
251,7
354,0
360.0
240.1
888.5
fill
4.513.0
2.101.0
935,7
2,983,9
1,987,1
2.394.3
19.168.0
17.261.2
5.198.0
8.760.8
A sk .
79*
*8*6"
62
5
62%
6%
V irgin ia fu n d e d d e b t, 2-3S...1991
6 s , d e fe r r e d t ’e t t e o ’t s , s ta m p e d .
N ew Y o rk C ity , B o s to n a n d P h ila d e lp h ia B a n k s :
iCapital d
J Surplus.
Loans.
Specie.
Deposits.-^ OircTn
Legals.
$
$
N. Y .”
$
Jan. 10. 134.080.8 491,399,2 77,821,3 113,697,8 557,386,3
134.660.8 490.338.7 79,134,1 118,803,6 503,479,6
134.660.8 488.765.7 79,684,6 120.296.0 563.331.8
Feb. 6 134,G60,S 497,513,6 79,559,5 117.221.0 568.961.8
Bos.
09.351.8 109,077,0 10.904.0 8.071.0 161.287.0
60.351.8 ] 70.028,0 10.763.0 7.622.0 159.957.0
Feb.
89.351.8 172,525 0 10.025.01 7.436.0 164.558.0
$1,910,0 $12,880,0 $2,080,0 $1,880.0 $13,180,0
2,050,0[ 2.140.2 33,528,0 2.738.0 3.300.0 16.497.0
2,000,0! 1.048.2 30.254.3 2,784,8 2.001.3 14,103,3
2,000,0 2,209,4 8.254.0 1.137.0 2.778.0 8.838.0
1.500.0
38.127.3 2.349.1 4,275.6 22,lu9,0
1.010.0
4.036.0
280,0
1,000,0 2,!of:iV 4.069.0
1,000,0 3.582.3 25,904,1 5,839,0 6.142.4 33.147.1
803.6 2.133.2
. 750.0 86,6 2.551,9 213.2
35.203.0 100,254,0
30.700.0
300.0 7.381.7 24.553.0 4,249,4 4.556.0 25.418.6
Chemical.......... .
“ 30., 35.263.0 100,239,0
37.445.0
530.9 5.141.2
801.2
Merchant#’ Exch’ge
185,9 4,555,5
600.0
38.304.0
Gallatin...... ...... .. 1,000,0 1.048.0 5.970.8
575.8 1.585.0 5.230.6 Feb. 6.. 35,263.0.101,495,0
* We o n ittw a ciphers in ail these figures.
233.6 1.247.7
Butcher#' A I)rov*r*»'
209.8 1.261.4
300.0
156.0
Bank of New York.
Manhattan Co...— ,
Merchant*!'...... .
Mechanic**....... .
America ...... .....
FhenUL......... —
CBy... . . .. . . . . . . . . .. .
B id .
T e n n e ss e e —6 s , o ld ..........1 8 9 2 -1 8 9 8
6 s , n e w b o n d s ..... .1 8 9 2 - 8 - 1 9 0 0
do
n e w s e r ie s ................. 1 9 1 4
C om prom ise, 3-4-5 6 s .......... 1 9 1 2
3 s .................................................... 1 9 1 3
R e d e m p tio n 4 g . . „ „ , „ . ‘. .. .1 9 0 7
do
4 *«b ........ .
.1 9 1 3
$
18,743,9 580.757.SI
18,479,8 608.254.0
18.111.5 526.710.0
16.787.5 602.717.3
’9,786,0 101.241.1
9.555.0 83.695.4
9.017.0 101.583.3
106,828,0 7.033.0 63.716.3
107.223.0 6.955.0 53.722.3
109.182.0 6.941.0
t including for Boston and Philadelphia the item “ due to other banks’*.
M isce lla n e o u s an d O n lis te d B o n d s :
M lscellaneona Bonds.
M is c e lla n e o u s BondSw
Br’klyn Un. Gas,1st cons. 5s. 308 b. Int. Cond. *fe Ins. deb. Bb. __
Oh. Jnn. &S.Yds.-Col.t.g.,5s *109 h. Manhat. Beach H. <&L. g. 4s ♦ 25 b .
3.740.8
763.2
Colorado C & 1.1st cona.Gs,*. 98 b. Metropol. Tel. & Tel. 1st 5s..
Col. C. <fc I. Bevel, go, 5s......
2.239.0
1,000.0! 1,000,0
Mich.-Penln. Car 1st. 5s ..
054.5 3.021.9 Colorado Fuel <fe I.—Gen. 5s.
4.22,7! 482.5 2.542.1
Mutual Union Teleg.—6s, g.
1,910," 13,748,8 Col. & Hock. Coal & l.~0a, g.
1,500,0! 088.6 11.900.4
Nat. Starch Mfg. 1st 6s..—
1,190,. 6.098.0 OonttGas Oo.,Chlc.—1at gu.fts
450,0; 080.3 0,017,2
N.Y. & N. J, Telep, gen. 5s..
818.7 2,503 0 B e Baroeleben C. & I .—g. Q&.
235.7 1.573.8
200.0
Northwestern Telegraph—7s
1.017.5 7.090.7 Det, Gascon. 1st 6.......... ....
72 b. People’s Gas & O. / lstg , 6s. 108 b
503.0 5.984.2
700.0
1.000. 2,063.3,
0
4.676.9 24.183.1 Edison Eleo. 111. C o.-lst 5s.. 112 b.
Co., Chicago—.. {2d g. 0s. *100 b.
37,000,6
Do.
of Bkiyn., 1st 5s.. llO h b .
597.1 2.978.0
500.0, 355,6 2.904.0
3at cons g «s .................. 304 tab,
249.1 2.986.4 Equit. G.-L.,N.Y.,eons. g.os.
000.0
413.0 2.700.0
South Yuba Waler—Con. fls
<J8*ab.
529.7 2.920.7 Equitable a. & F.—1st 0s.... ' 9914b Standard Hope <&T. ls tg 0s. 72*21).
500.01 276.8 2.477.8
............... .
1.090.1 5.882.9 Erie Teleg, & Telep. 5s, g— . 99 D.
Mark'd <& F«Jton...
000,0 1.026.7 5.812.5
Income 5s.............. .—
25 b.
425,4 3.462.0 HenderMOii Bridge—1st g. 0s. I l l b. Sunday Creek Coal 1st g 8s.
. 3.404.5
Stum & Leather..... L000,0!
Corn Kx* image..... 1*000,0 1,292,6
il*G 1,4 20,0 9.970.7 Illinois Steel deb. 5a......... .
8.679.2
Western Union Teleg,—7s... 107 b
,7,0 2.052.9 6.305.4
Non-conv. deb. 5s ...
231.8
0! 4.503.0
OontineataL......... 1.000.
Wheel.L.E.&Pitts.Coal lst,5s|
Oriental.
. .......
300,0! *306.8 1.802.0
349.0 1.099.4
N
ote.—“(/’ indicates price Oidj “ a " price asked. * Latest price this week.
4.046.0 24.791.0
Importer#'.!: Trad’rs; 1,500,0; 5.715.3 23.420.0
9,801.3 35.003.4
P a r k . . . . . . . . ........ .
1 2,00(1,0, 3,2" 3,5; 23.134.1
Bank Stock List —L a te st prices. f+ N ew sto c1^. * N o t L iste d .)
347.9
341.2; 1.153.0
1.234.8
250.0
£ft*L Hirer..........
Fourth........... ...... 8,200.0; 2.130.3 20.860.2
4.287.9 23.325.6
Bid, Ask. BANKS.
4.220.0 12.058.0
banes.
Bid. Ask.
Central.. . — .......
549.3 7.830.0
BANKS.
1.000,0
Bid. Ask.1.886.0 5.944.0
602.0 4.518.0
Second....-----.....
1.267.2 4.782.3 America....... 315
500
N.Y. Nat-Ex
750,Of 850.1 3.785.5
Ninth. — . — . —
German Am. 110
3.552.6 24.910.7 Am. ftixch— 172
Ninth,. —
©00.0! 7,035.2 24,551.8
First.—— ----- .....
105 iid
1.520.5 10.241.8 Astor Place* 230 m
1,000,0
German Ex,*
300 19th Ward..
Third—
260.0 8,493,3
. . . Gurmania,... 350
254.2 1.331.3 Bowery*----- 300
N. America. 130
71,7 ‘3,376,1,
'
N. Y. Na**l Exoh’go.
800,0!
370.0 3.031.0 Broadway.,. 230 250 Greenwich... 165
Oriental..-. 175 ......
250,0; 601.5 2,882,0
Bowery ..... ........
281.3 3.101.8 Butch. &l>r,. 125 140 Hanover...... 315 340 Pacilic..... 175 190
200.0
422,7 2.547.6
New York County..
95 Park........ 256 270
150 170 H do& L .*.. 85
682.8 2.499.3 Cential t..
293.0 2.485.0
750.0
German A m e r ic m ..
525 ____ Hud. River.. 165 ____ People’s...... 200 . .....
8.076.2 25.314.5
500.0; 1,509,0 35,250,9
■■.... .
Oh
884.1 8.072.9 Chatham...... 290 300 1mA Trad’r 530 550 Pbe mx;---- 1(10 108
100.0 1,087.6 7.831.5
Fifth AvOftoe.........
006.6 2.421.0
670.7 3.112.4 Chemical— 4000 4500 Irving....... 140 160 [Plaza*.. .... 185
200,0!
OermMt Kxch«ege..
iProd. Ex.*— 120
427.2 8.918.1 City.......... . 500
Lea her Mfs’ 175
200,0
679.0 j 8.017.8
0 ernmn la............
Liberty*.... 1H5
509.2 6.295.0 Citizens'----- 125
500,01 ©89,8 5.848.1
j Republic ..
United atatea.......
38
615,0; 5,220,3
300.0
Lincoln....... 750
seaboard__ 169 175
1.690.5 0,092.1 Columbia..-, 170
Lincoln — ............743.3 4.504.0
708.3 8,660,0;
200*0
Garfield..... ........
130 140 Market* Ful 215 240 !Seventh.
315.7 1.097.8
3.505.01
200.0! 814.2
100
Fifth.— .............
96
1,282.0 6,125,3 Corn Exch... 290 305 Mechanic'-'*. 180 200 Slice <&Lo’tk 90
300.01 803.2 4.089.8
Bank of the Metros.
M'ohs’ «&Tt«’ 130 135 Sta'eof N.Y. n o
489.0 2.427.0 E msi. River.. 125
323.4 2.245.0
200,0
W m t side,..____
2.307.0
Mercantile... 165 175 TUlra......... 98 102
8.071.0 11th Ward., 200
500.0
801.5 5.558.0
Seaboard,...... ........
334.0 1.455.0 Fifth A ve,... 2900 3400 Merchant.’ .. 137 140 Tradesm’n’s. 81
90
200.0,
347.1 J,018,0
S ixth............. .
4,502.8 14.067.3 Fifth*....... 250
Merch't. Ex. 110
12lb Ward*.
420.0
....... 11.963.4
1«0
Wento'ti...... ........ 2,100,0
Metropol's... 425 ......... Union....... . 200
1.200.1 5.804.0 First......... 3000
040.7 5,011.0
FIret Nat, BTUyn—
800.0
. Union Sq.... 175 190
630.4 8.713.2 FirstN.. S, I. 120 150 Mt. Morris.. 100
Nat. Union Bank... 1,200.0.; ©81,8 8,760,4
389.2 2.895.1 14th Street..
Nassau___ 153 170 fin’d sift eK.j 175 200
§00,0 i 286.7 2.801,1
Libertr Nat, Bank
*214,4 8.009.8 Fouriti....... . 178 185 N. Ame’fiam. 195 ____ Yorkviile*.,. 170
N.Y.ProtLExch-gc 1,000,0; 818,1 3.685,1;
Gallatin ..... 300 340 New York.., 230 240 WoBtern...... 114 120
Gauaevoort.. 95 100 N. Y. Co’nty 650 ....
West Side., 275 J —
T o t a l .................... - 58.7 7 2 ,7 74.888,1 '497.g*KU? 7H.5Wi.f. j 17 ,a gl.o 'ft»8 .ti6 1 .8
T H E
F e b r u a r y 13, 1897.]
PHILADELPHIA
319
C H K O N IC L E .
AND BALTIMORE STOCK EXCHANGES.
S b a r e P r ic e s — n o t P e r C e n la tn P r ic e s
A c t iv e S t o c k s .
f I n d ic a te s u n listed .
AtoR. T. & 8. F e^ (B oston) .1 0 0
A tla n tlo A Pao.
“
100
B a cim ore & Ohio (B a lt.). 1 0 0
B a t. C ity P a ss’ger “
25
B altim o re T raotion “
25
B altim o re Trao’nlH P biL ). 25
B o s t o n * A lban y (Boston).100
100
B o sto n & L o w ell
100
B o sto n & M aine.
“
100
C e it r a lo f Mass..
“
1
00
Preferred . . . . .
“
100
Cbio. B a r .* Qnln.
(P
h
il.).10
0
Chic. M il.* St. P .
C hor.O M i.voT.t.e
“
50
1
0
0
C lt. 8 t.R y .o f In d lf
F it '.hi)lire p ro f.. ( B oston ) . 100
L eb lgh V a lle y .. (P h i la .). 5 0
M ecropoT nT rae.il
“
100
M etlo a n C ent’l (B o s to n ). 100
N ew E n g la n d ....
**
100
P referied ............
“ 100
N orthern C entral ( B a l .) . 50
N orthern Paoiflo ( P h ila .)\ 0 0
P referred
“
100
O ld C olony. ....( B o s t o n ) .1 0 0
P e n n s y lv a n ia . . . ( P h ila .). 50
P h il. & B ead ing.!
“
50
P hU adelph. Trao.
“
50
XTalon P a o iflo ... ( B oston 1.100
U n io n T raotion. .(P h ila .). 50
M is c e lla n e o u s S t o c k s .
A m .8u g ’r Rettn.1] ( B o sto n ) ----P r e fe r r e d ........ .
“
....
B e ll T e le p h o n e ..
“
100
B ost. & M ontana.
“
25
B u tte & B o sto n .t
“
25
-Calum et & H eo la
“
25
C anton Co . . . . . . (B a lt .). 100
C onsolidated G as
“
100
E leo.8 to r. B a t’yff (P hila .) .1 0 0
P referred if
“
100
E rie T elep h o n e . ( B o sto n ). 1 0 0
G sn era l E leotrio.
“
100
100
P r e fe r r e d ..........
n iin o is S t e e l ___
“
100
L am so n 8 to re8 er.
“
50
L eh l’h Coal& N av. (P h ila . > 50
N . E .T elep h o n e (B o s to n ). 1 0 0
P a. H eat,L . A Po w ( P h ila .) ____
U n it’d G as lmp.1I
“
50
We sbaoh L ig h t 1|
“
5
W est E nd L a n d .. ( B o sto n ).. . .
• B id and a sk ed p rio es: no
Satnr day,
Feb. 6.
M onday,
F eb. 8.
*14=8
14%
1 4 7e
14to
14%
14%
*14%
*141*
T u esd ay,
Feb. 9.
14%
1430
*
l l l t o 1 1 2 7a
102
102%
216% 217
109% 109%
n t o 11%
3 5 7 t o 3 57 to
67
*67
61% *61
61%
26*4
27to 28%
lllt o 1 1 3 to
102 102
217 217
108 to 1 0 9
11
l l 78
357** 3 5 7 to
*61
28
14%
14%
60
60%
60
1«%
18% I8to
18
18
iS to
21 * 209% 209%
2
10
209% *209
159% 159% 160
*9% 10%
11
*56
74%
74% 75
7 5 ’to 7 5 7s 76to
8
21
19% 20%
91% 92
91%
2.8
2 5 7s 263 q
107% 107 107
*8
8
&
17% 1 7 7e 18
175a 17%
18
17** 17 to 1 7 7a 17%
209% 2T^% 209% 210
209%
209% 2«>9% 209%
210 210
160 1 6 0
159%
161 162
10
10
*9**
*
5S
*56
*56
74% 74%
74%
7 3 to 73
75%
76
76
75*4 75to
8
8*8
8to
8to
8%
21
91%
91% 9 2
91% 91%
28
28*4
25%
28% 2 ito
107to 107*S 107
8
*8
8**
8to
*•
60 *
60
60 *
*68
*68
69
15%
14%
15%
15%
1
4
7a
15%
37% 3 8 to 3 758 38 to
33% 38to
177
177
1 7 6 to 1 7 7
177 177
52
52%
52% 5 2 to 52% 52%
13% 13% 1213JS 12 to 129,01210,^
72*4 72%
72% 72*4
72 to 72to
7
*7
7
7 to
7to
7*4
9to
9to
9to
9to
9*4
9to
113** 114*8
102 102
215**217
1 0 9 *« 111*4
l l t o 12%
3 5 5 355
67
67**
6 lt o 61**
29
28
W ednesday.
Feb. 10.
*69
14%
37%
177
52%
1 2 7is
72*8
*7 to
9to
60
15to
38to
177
52%
12 to
72%,
7to
9to
1 1 0 78 112*4
l o l t o 102
2 17 217%
107% 109
113s
11
355 3 55
67
•65
*61
61 to
27 to 2 7 to
65
1165
66to *64% 65% *64
64*4 65
35
34% 34% '3 5
35*4
35*4
•35 to 35%
77
77
•75
77
75
75
77
77
33
33*4 33%
34 to
341*8 34<*8 34% 3 4to
23
23 *
23 * r23
23 * ««i
40
40
40% 40 to 40% 40%
39to 4 0
102 102
102 102
*102
1 0 2 102
14% 14%
1 4 7s 1 4 7s
14to 14%
14to 14to
74
74to
73% 73%
74*4 74*4
7 3 to 74
46
45% 45to 45% 45%
46 to 46 to 45
*2%
2
2
3 'to
2to
2 78
2to
2 7S
s a le w a s m ade.
II L o w est la e x d ivid en d
Inactive Stock*.
P rices o f F eb ru a ry 11.
A tlan ta & C harlotte ( B a lt.).100
B o sto n & P ro v id en o e (B oston). 100
Cam den & A tla n tlo p f. (P h ila .). 5 0
O tta w iss a ________ . . .
“
50
1st p r e fe r r e d ............
“
50
C entral O h io ................... (B a lt ) 5 0
C hioago & W est M ioh.(B o*ton).1 0 0
C on n ecticu t A P a s s ..
“
100
C o n n ecticu t R iver . . .
“
100
O onsol. T r a c to f N .J .’i(P A U o.).100
D elaw are& B oun dB r.
'*
100
F lin t A P ere M a rq ...(B o sto n ).100
Preferred .................
“ 100
H e sto n y llle P a sse n g . (P h ila .). 5 0
Preferred It....................
“
50
H unt. A Broad T o p ...
“
50
P referred .......................
“
50
Kan. C’y F t.8 . A Mem. (Boston) .1 0 0
Preferred .....................
“ 100
L ittle S oh u vlk ill.......... (P h ila .). 50
M aine C en tra l............( B oston) 100
Mine H ill A B .H a v en .fP A U u .l 50
N esqu eh oning V a l . . .
“
50
Forth A m erican C o ..
“
100
F o r th P e n n sy lv a n ia .
“
50
O r.8h .L ine a ll a sst, pdf B oston). 100
P e n n sy lv a n ia A N. w . ( P h ila. >. 5 0
P h ila d el. A E r ie ..........
“
50
B u tl d .............. ..(B o s to n ).100
P referred .......................
“
100
S o u th e r n .................. .
( B a l t . ) . 100
Preferred.......................
'■ 100
W est E n d ___________ (B o s to n ). 50
P r e fe r r e d ................
“
50
U nited Cos. o f N. J . . (P h ila .>.100
W est J e r s e y .....................
"
50
We t J e rse y A A tla n .
“
50
W estern N.Y. A P en n
“
100
W isoonsi C en tral. ..(B o s t o n ). 100
P r e fe r r e d ......................
“
100
Woro'st.Na8h.AKooh.
“
100
MISCELLANEOUS.
A U onezM in’g .a ss tp d fB o sto n ). 25
25
A tlan tlo M inin g .
Bay 8 ta te G a s fi_____
50
B oston L a n d .............
10
O entennial M in in g ...
10
F ort W ayne Eleot.1I..
25
F rank lin M inin g____
”
25
F renohm ’n ’s B a y L ’d .
“
5
K earsarge M in in g ....
“
25
O soeola M ining............
••
25
P ullm an P a la ce Car.
“
100
P en n sy lv a n ia 8 t e e l.. (P hila .) .1 0 0
Preferred IF.
100
(Jninoy M ining............( B o sto n ). 25
Tam arack M ining___
••
25
W a te r P o w e r...............
“ 100
W sstlngti. E leo. A M ..
“
50
Pref., c u m u la tiv e ..
50
Bond*—Boston.
At. Top. A 8. K, g en eral g. As, 1995
A diu stm en t g. 4 s, 1 9 9 5 . . ..............
8 i ' " ' U nited Gas 1 st 5 s.................
' i ’rloe includes overdue ooupon.
A sk .
B id.
92
2b2
265
49
50
31
8
5
147
145
2 4 0 245
29*4 3 0
1651a
12
10
30
32
52
62
19
48
5
8
30
40
52
126 128
57** 58
55>*
89
16
16 >*
T hursday,
Feb. 11.
14% 14%
*%
%
*15
16
*60
60%
18
18
*17% 18
2 1 0 2 10
209% 209%
160% 160%
*10
11
*56
58
74*4 74to
75 to 75to
*7to
8
*20% 21
91% 92
25% 26%
106to 106to
8
8
*38
43
*60
63
*69% 7 0
14*9 14to
37% 37%
177 1 7 7
52
52to
1 2 6is 12 to
72
72%
*7
7*4
9to
9to
Bonds.
B id.
A sk .
72
B oston U n ited G as, 2 d m . 5 s . .1 9 3 9
B url. A Mo. B iv e r E x e n p t 6 s , J& J
117to
108
N o n -e ie m p t 6 s _____.1 9 1 8 , J A J
P la in 4 s .............................19 1 0 , JA J
98
Ohio. B u r l A N or. I s t 5 ,1 9 2 6 , A AO
104to
2 d m ort. 6 s ......... . . . . . 1 9 1 8 , JA D
99 100
D eb en tu re 6 s ________18 9 6 , JA D
Ohio. B url. A Q ulnoy 4 s ,1 9 2 2 , FA A
92
95
95
Io w a D iv isio n 4 s . . . . .1 9 1 9 , AAO
98
45
Ohio.A W.Mloh. gen. 5 s , 1 9 2 1 , JA D
48
50
C onsol, o f V erm ont, 5 8 .1 9 1 3 , JA J
55
50
C urrent R iv er, 1 s t, 5 s . .19 2 7 , AAO
70
D et. L ans. A N or'n M. 7 s . 1907, J& J
55
60
E astern 1 st m o rt 6 g .l9 0 6 ,M A 8 .. 119
119**
P ree.E lk .A M .V .,1 st,O s.1 9 3 3 , end. 127 129
U n stam p ed , 1st, 6 s, 1 9 3 3 .............. 127
128
50
K.C. C .A Spring., 1st, 5 g .,19 2 5 , AAO
65
K O . F .8 .& M . o o n .6 s , 1 9 2 8 . MAN
79
81
K.C. M em . A B lr .,l8 t.2 s ,1 9 2 7 , MAS
65
67
K.
C. 8 t. Jo . A C. B ., 7 8 ..1 9 0 118
7 , JA J120
75
L. Rook A F t 8 „ 1 s t, 7 s .. 1905, JA J
90
Lo ills.,E v .A 8 t.L .,1 st,6 g .l9 2 0 , AAO 100 103
2 m ., 5—6 g ...................1 9 3 6 , AAO
85
37
Mar. H. A O n t., 6 s ........1 9 2 5 , AAO 107 108
67
M exloan C en tral, 4 g . . . 1 9 1 1 , JA J
68
1 s t o o n so l.ln oom es, 3 g, non-oum.
17 to 18to
2d o o n so l. in o o m es. 3 s. non-onm .
7 to
8*4
N . Y . A N .E n g ,,1 s t,7 8 ,1 9 0 5 , J&J1 119% 120
1 s t m ort. 6 s ..................1 9 0 5 , JA J 113 114
80
82
O gden. A L .C .,C o n .6 s ...1 9 2 0 ,AAO
15
Ino. 6 s ..................
.......1 9 2 0
B n tla n d , 1 s t,6 s ..............1 9 0 2 ,MAN 105 106
2d , 5 s ................... ..........1 8 9 8 ,FA A
97
98
ii Unlisted.
§ And aoorued Interest.
12.
105 to
107 I
108to
110 llO to
75
77
9 5 to
90
1 0 8 to 1 0 9 to
75to 75 to
118to
115
107 108 to
112
102to
102*4
91 to 9 5
104to
132*4
106 107
l l l t o ' ........
..........1 20
135
118to
119to
110
121
105 to 107
B a n g s o f s a le s in 18S 7 .
L ow est.
1,5 2 5
O
o
t>
><
1—i
z
a
O
111% 112%
lo tto lo ito
2 1 7 2 17
1 0 7 to 1 0 8 to
11
11*4
355 355
*65
67
60% 61
*27*4 27 to
*30
31
65
65
*35
35*4
*75
77
32
32to
22to 2 2 7e
39to 38 to
'1 0 2 103
14
14
72 to 73to
*44
45
2to
2to
t T ru st reoeip ts
to
50
9>4
28**
66>*
AtlamPonc it y l s t hJ sfg ® ia lb * M & N
90
Buffalo Ry. oon. 1st, 5 s ............1931
248
L a ta w lssa , M ., 7 s . . . . . . 1 9 0 0 , FA A
Choo. Okla. A G ulf, prior lie n 6 s ..
2% C itizen s’ 8 t.R y .o f ln d .,o o n .5 s,1 9 3 3
2°s
2
2 0 C olam b. 8 t. R y„ 1 st, oon. 5 s .. 1932
Colum b. O. C rosstow n, 1 st,5s. 1933
3
10
C onsol. Traot. of N. J ., 1 st,58.1933
112
117
D el. & B'd B r ’k , 1 s t, 7 s . 1 9 0 5 , FA A
E a sto n A A m . ls t M .,5 s .1 9 2 0 ,MAN
1
to
22% E leo. A P eo p le’s Trao. stook, tr. otfa
22
5to
5% E lm ir. A W ilm., 1 st, 6 8 .1 9 1 0 , J & J.
4% H esto n v ille M. A F ., oon. 5 s ..1924
4*4
H u n t. A B P d T o p ,C o n .5 s .’9 5 ,AAO
6
5to
L eh igb N a v . 4<*s............ 1 9 1 4 , Q—J
1
to
2d 6 s , g o ld ..................... 1 8 9 7 , JA D
12
11
G eneral m o rt. 4tos, g . 1 9 2 4 ,0 —F
to
1
L eb lghV al.O oal l s t 5 s , g . 1 9 3 3 ,J&J
17>* 18
31
31% L eh ig b V a lle y , 1 s t 6 s .. .1 8 9 8 , JA D
2d 7 s .................................1 9 1 0 , MA8
155 1 5 6
C onsol. 6 ............. . . . . . . 1 9 2 3 , JA D
24
29
N
ew
ark P a ssen g er, oon. 5 s ...1 9 3 0
70
N orth P en n . 1 s t , 4 S ....1 9 3 6 , &P&N
116 117
G
en.
M. 7 s ........................1 9 0 3 , JA J
116 118
P aterson R ailw ay, consol. 6 a ..........
*a| 1
P
en
n
sy
lv a n ia g e n .6 s , r . .l 9 1 0 , Var
24 >*l 2 5 0
C onsol. 6 s ,o
.............1 9 0 5 . Var
s o : 51
O onsol. 5 s , r . . . . . . . . . . . . 1 9 1 9 , Var
O o lla t.T r. 4 to g ............1913, J A D
',805, 81
§47
4 7 0 P a . A N. Y. C a n a l,7 s ... o e .J & D
Oon. 5 s ............... ............ 1 1 3 9 AAO
'8 4 I 85
»4
25
9
275)
66
89**
245
Feb
Sales
o f th e
W eek,
Shares.
135a Jan. 11
8
S 14% Feb. 9
10 0 59% Jan. 13
1,947 17 Jan. 12
67 2 17% Jan. 7
11 5 209 Jan. 4
25 2 05 Jan. 2
80 159% Feb. 9
100 10 Feb. 2
6
1 ,7 5 S 69% Jan. 5
5 ,7 2 0 7 3 Jan. 4
1,140
73g Jan. 2
5 70
10
88 9 1 Jan. 14
5,758 25 to Feb. 9
1,250 106 to Feb. 11
234
12
19
4
67% Jan. 27
4 ,2 9 5 13% Jan. 23
4 ,5 1 5 33% Jan. 15
115 176** Jan. 5
1 ,8 7 4 51% Jao. 2
1 3 ,7 9 0 12»is F eb. 11
3,8 2 2 66to Ja n . 5
125
6% Jan . 12
2,5 5 8
8% Jan. 5
27,961
318
182
1 0 ,602
1 5 .454
77
55
20 2
1,960
251
400
150
1,182
45
231
75
82C
473
23C
1,151
t T ru st
H ig h est.
I5to Feb.
•37% Jan.
17% Jan .
62% Jan.
18% Feb.
18to Feb.
21 0 Jan.
2 10 Feb.
16 6 Jan.
11 Jan .
57% Jan.
7 6 78 Jan.
77*4 Jan.
8 to Feb.
92% Jan.
3 0 7e Jan.
110% Jan.
37% Jan .
1 6 to Feb.
39
Feb.
177to Jan.
52% Jan.
14 J a n .
72% Feb.
9 Jan .
lOto Jan.
110
100*4
205%
94%
6
326
60
6050
2750
Jan. 5 11 8 Jan .
Jan. 6 1 04 Jan.
Jan. 4 217** peb.
J a a . 2 112** Feb.
Jan. 11 13*4 F eb .
Jan . 2 3 6 0 J a n .
Jan . H 67% Feb.
Jan. 6 0 2 to J a n .
Feb. 9 31 Feb.
5
64*4 Ja n . 4 67 J a n .
3 2 7e Ja n . 2 36*4 Feb.
7 4 Jan. 2 7 8 Jan .
31% Jan. i i 41 to Jan.
20% Jan. a 23% F eb .
39% Feb. 1C 4 2 Jan .
101** Jan . 2 1 0 3 Ja n .
13% Jan. 5 15 Jan.
7L Jan. t 74to Feb.
42 Jan. 4 4 7 Jan .
2% Feb.
lt o J an. 5
r eo .,a ll ln sta l. paid .
1
13
s
4
9
9
6
3
18
20
25
18
19
5
20
21
2
5
30
19
7
13
1
1
20
21
18
4
7
IS
18
29
10
1
2
25
6
15
1
29
19
2
20
18
1
14
20
22
3
12
9
Bonds.
B id . A sk
P eo p le’s Trao. tr u s t oerts. 4 s.. 1943
P erk io m en , 1 s t s e r ., 5 s .l 9 1 8 , Q—J
P h ila. A E rie gen . M. 5 g .,1 9 2 0 , AAO
G en. m o rt., 4 g . . . . . . . 1 9 2 0 , AAO
P h ila A B ead , n e w 4 g ., 1 9 5 8 , J& J
1 s t pref. Inoom e, 5 g , 1 9 5 8 , F eb 1
2d p ref. Inoom e, 5 g , 1 9 5 8 , F eb . 1
8d pref. Inoom e, 5 g , 1 9 5 8 ,F eb . 1
2d , 5 s ........................1 9 3 3 ,
AAO
Oonsol. m ort. 7 s ...........19 1 1 , J A D
Oonsol. m ort. 6 g ...........1 9 1 1 , J A D
Im p r o v e m e n t!!. 6 g . ,18 9 7 , AAO
O on .M .,5 g .,sta m p e d ,1 9 2 2 ,MAN
T erm in al 5 s , g . . . . . , 1 9 4 1 , Q.—F .
P h il. W ilm . A B a lt., 4 a . 19 1 7 , AAO
P itts . O. A St. L ., 7 S ....1 9 0 0 , FA A
B ooh ester R ailw a y , oon. 5 s ..1 9 3 0
8 o h u y l.B .E .8 1 d e ,ls t5 g .1 9 3 5 , JA D
U n ion T erm inal 1 s t 5 s ........ ..F A A
97
98
118
118to
104% . . . . . . .
81
81**
45
46
33
34 to
30% 31to
120%
1 29
130
A t M f c l a T O ^ f l o o y , J&J
B altim ore B e lt, 1 s t, 5 s . 19 9 0 , MAN
B alt. O. P a ss. 1 st 5 s . ...1 9 1 1 , MAN
B alt. T raotion, 1st 5 s . .1 9 2 9 , MAN
E xtern A im p t. 6 s . . . . 19 0 1 , MAS
No. B a lt. D iv ., 5 s ........ 1 9 4 2 , J A D
B altim ore & Ohio 4 g „ 19 3 5 , AAO
P itts . A C onn., 5 g . . . . l 9 2 5 , FA A
S ta te n Isla n d . 2d, 5 g .1 9 2 6 , J& J
R e ce iv e r s’ certiilo a tes, 6 a ..J A D
D o. M aryland O onstruo., 5 s ..........
D o. PH tsb. A C onnells., 5 a ..J A J
B al.A O h lo 8 ,W .,ls t,4 to g .l9 9 0 , JA J
C a p e F .* Y a d .,S e r .A .,6 g .l9 1 6 , JA D
C ent. Ohio, 4to g .............. 19 3 0 , MAS
Cent. P a ss., 1 st 5 s _ ....1 9 3 2 , MAN
C ity A 8u b ., 1st 5 s .......... 19 2 2 , JA D
C hari. C o l.A A u g .e x t.5 s.1 9 1 0 , JA J
UoL A G reen v., 1 st 5-68-1917, JA J
G eorgia A A la .,ls tp f.5 s .l9 4 5 ,A A O
O a.O ar. A N or. 1 s t 5 g . . l 9 2 9 , JAJ
G eorgia P ao.. 1 st 5-6s. ..1 9 2 2 , JA J
Geor. So. A F la ., 1 st 5 s . .1 9 4 5 , J& J
N orth. C ent. 6 s . . . . . . ___ 1900, J&J
6 s ......................
1 9 0 4 , J&J
S eries A , 5 s . . . . . . . . .. .1 9 2 6 , J&J
4 t o s ................................... 19 2 5 . AAO
P itts . A C onnells. I s t 7 s . l 8 9 8 , JA J
Soathern , 1 s t 5 s ___ _____1994, J& J
V irginia M id., 1 s t 6 s . . . 19 0 6 , MAS
2d Series, 6 s ....................1 9 1 1 M&g
3d Series, 6 s ________ 1 9 1 6 , MAS
4 th S eries, 3 -4 -5 s........ 1 9 2 1 , MAS
5 th S eries, 5 s ................ 1 9 2 6 , MAS
W est V a C. A P . 1 s t, 6 g .1 9 1 1 , J&J
W ilm . C ol. & A u g ., 6 s .. 1 9 1 0 , JA D
120**
92
113*4
111
lo 7
109*4
10 2
104*8
1 03 to 104
112%
103%
____,
107
97% 99
1 04 to
121
92*4
114*4
......
107%
109**
69% 7 2
103% 103%
92% 95
10 0
97 100%
65
55
112%
111% 112
107
111
113
103 to 1 0 4
82
81
133
94% 95
107 to 108 to
112
114
107
103%
88to 89
112
114
113%
85
102%
106 106%
113
MISCELLANEOUS.
B altim ore W ater 5 s . ..1 9 1 6 , MAN
F u n d in g 5 s . __ - ........ 1 9 1 6 , MAN
E x c h a n g e 3 to s ............1 9 3 0 , JA J
V irgin ia ( 8 t a t e ) 3 s ,n e w .l9 3 2 , JA J
F u nded d ebt, 2 -3 s.........1 9 9 1 , JA J
C hesap eak e G as. 6 s ____ 1 9 0 0 , JA D
O onsol. G as, 8 s . . . . . . . . . . 1 9 1 0 , JA D
124 124**
124
106
73
73*8
62% 6230
105% 107
115to lit 't o
L.,H qllOJ*4
1 H E
320
E 4 IJ J 0 4 S I I P
M ine 8 LLASf*0 O'*
Olattntj M ange (s a le s) in 1897.1
I n f it
P rice
\ptsri&d M . 11.
JjOWfSt*
! V o l . L X IV ,
C H R O N IC L E .
H ighest.
RXJLBOAD AMD
MlBOEtmASEOCS B ohds,
/"£*
FrtS**' R a nge
P c n o d ,F eb. 1X
(s a le s) i n 1 8 9 7 .
L o w e s t.
H igh est.
100 Jan. 103% Fob,
Anaes’. Oottioa OH, deb,, $*?. 1909 q - F 'lO liH b. 1 0 6 Feb. 109 J am i M la a .& S t,L .-la t o o n .5 8 ,g .l9 3 4 “ ft N 103
9 5 a. 02-% Jau .
>! A S 79%
80% Fob. | H o. K, ft B .—I a t 5 8 ,g .,g u ..l9 4 2 X & °
95% Jan.
7 t Jnn.
Amw*
let*
81%
H
.
K.
f
t
T
o
i
a
a
—i
»
t
,
i
a
,
g
.
l
8
9
0
(
J
*
D
79%
8 2 Jan .
8
0
J
an.
|
84% Jan .
74% Ja m
A n n Arbor.-1 st, 4», S ....J W J (
2d,^a, g ................... ; ...:.1 9 0 O F ft A
59%
82% Feb. |
63 Jan.
59
Fob.
73% Jnn.
A t.T . A # .F .—NOW s e a . 4*. IW S A ft M 81%
M
f
t
N
86%
Nov.
47%
Mo.
P
a
o
.—1
st,
com
,
6
g
........1920
8
6
Jan
,
43%
J
a
n
,
87%
Jan .
49%
F
eb.
u M t t M t i * . .. .. .. — wwa
M ft N T lO a.
Oof. M ldiam t—O o n s.,4 g 1940 F ft A t lti%tt. 115 J a u . 1 17 J a n .
F
ft
A
101
100%
Jan
.
P
ae,
o
l
Mo.—1
s
t,
e
x
.,
4
g
.
1938
101%
F
eb .
39%
J
a
n
.
All. * P m .-* Soo*. 4*.......1U37
2 d e x t. 5 s ......................... 1938 J ft J 103 b. 101% Jan. 103% Jan .
B*w»y*7thAv.-l*t.oou.g.5s 43 J ft D 113 a. 110% Jan, 119 F eb . ]
A A 0
73%
75 J an. : 8fc L. ft Ir.M t. 1 s t e x t ., 5*. 1897 F ft A 101%b, 101 F eb . 103% Jan.
70
Feb.
2d , 7 g .................................1 8 9 7 M ft N 102 %b. 101% .Tam 102% F e b .
M ft N 70%
6 8 F eb. 7 2 % J a u . !
C airo A rk. ft Texas, 7 g ,1 8 9 7 J ft D 101 b. «8 Jau . 1 01
Feb.
80% F eb . |
78 J a n .
Bklyu Hop. Tran*-, 5 g .... 1945 A ft O 80%
G en. R‘y & la n d g r .,5 g .l9 3 1 A ft O 76
73% .Iail.
7% F eb .
Bkiyn.Un.G»B,l*t,eon.*ig,1915 J ft J 108 % 105% J a n . 103% Fob. |
J
ft
D
118
b.
F
ft
A
08
117
Jam
M
obU
eftO
M
o—N
e
w
6
g
...
1
9
2
7
101
J
a
n
.
1
118
Jan
.
B'kiynWnrfAW.H—i«i,5a,g,*45
97 % F eb .
67%
1938 M ft 8
Fob. ! G en eral m o r tg a g e , i s
06% Ja n .
68 F eb .
108 J a u . i l l
Oaixoht Souther®,—l» t,5 * ,1 9 0 S J A J 109%
M ft a 107 b. 105 J a n . 107 Jan. | N ash . Oh. & 8t.L .—list, 7 s . .1 9 1 3 J ft J 128%b. 127% .Tan. 128% F eb .
O onsol 5 g ............................ 1928 A ft O 10 2 b, 100 Jan . 1 02 Feb.
OOBttol o f*N ,'}'-< 3 o b a ,7 a 1 8 § 9 v9 t j „ 107 til>. 106% Jan. 107% F eb.
N . Y . C entral—D e b te x t.4 s.1 9 0 5 M ft N 10 2 %b, 101% Jan . 103 Jan .
OonooL. 7 » ...........................1902 *1 f ^ 115 b.
le t , ooup on, 7n ....................1903 J ft J 118 %b. 117% Jan . 118% J an .
117%
118
Feb.
115%.Tan,
G e n e r a l m o r t g a g e , J S g i . / i »* •
D eb en ., os, cou p ., 1 8 8 4 .. 1904 M f t 8 108% 106% J ud . 108% F eb.
Lob.A W .B,,com,7«»ii»’d . 1 9 0 0 y M 104 a. 104 Jail. 104% J an .
N . Y. ft H arlem , 7», r e g .. 1 9 0 0 M ft N 112%b, 1 1 1 % Feb. 112 Fab.
“
W tg « w < e5 » .1 9 1 2 iM ft N _ 89
i»0 Foil.
89 Pah.
K>W. ft O gd., oonaola, a s .1 9 2 2 A ft 0 119%
117% Jan . 12 0 F eb .
A in, D o e k & I m p . , 1921;'" « « •lit! b, 114% J iui. 116 Feb.
W est Shore, g u ar., 4 s ___ 2361 J ft J 106
105 Jan . 108 F eb .
C entral P iietn o .-O o ld , 6*. 1698 J & J lOlTglt. 100 Jan. 101% Feb.
N. Y , Ohio, ft St, L .—4 g . .. 1937 A ft O 105
103% Jan. 1 0 6 Jau.
m m , & O W o .-B er .A , 6 g . . l § 0 8 f & G 119 b. 119 Jan. 120% Jan.
N . Y. L ack , f t W.—1 at, 6 s .. 1921 J ft J 1 36 b.
Mot^ME% 6 « ,* * » * ..,——1 § 1 J “ J 2 119 b. 118% Jan. 119% J an.
C on stru ctio n , 5 a ..............1923 F ft A 1 15 b. 118 Jan . 1 18 J a n .
l*tcoti*<tL,5 g .------ -------.1 9 3 9 M ft 5 110% 107% Jan. no-% Feb.
76%
73% Jan. 76% F eb. N .Y .L.E.& W .—1 st,c o n .,7 g . 1920 M ft S 113% 139% Jan. 143% F eb
G enera! 4%e, g .................1 9 9 2 M * f
L ong B o o k , oonsoL , 6 g . 1935 A ft O *133 b. 133% .Tan. 1 3 4 .Tan.
B -ft A .D iv ., ls t e o n ,, -tg .1 9 8 9 J ft J 100 b. 07 Jan. 101 F eb.
89%b. 80 J an. 9 0 F eb . N .Y , N, H . ft H ,—Con, deb. otfs. A ft 0 133
132% Fob. 137% J a u .
2d e o n ..4 g „ 1 9 8 9 J ft J
95
N .Y , Ont. & W .-K e f. 4 s, g .1 9 9 2 M f t 8
9 5 F eb .
E lli. L ex . ft B ig . S a n .,5 « . 1 9 0 2 51 ft s 102 a. 100 Jan. 101 Feb.
88% Jan .
C onsoL, 1st, 5s, g .......... . .1 9 3 9 J ft D 108% 108% Jan . 108% Jan.
c a s e . Hurl. & Q. Con. 7 * .1 9 u 3 J ft J 117% 115 Jan. 117% Feb.
N . Y .S u s.ft W. 1 st r ef.,5 s, g .1 9 3 7 J ft J 1 00 b. 1 00 Jan . 103% Jan .
98 J an .
D eb en tu re, 5a...................1913 5 1 ft N! 97>o
9 3 Fob.
M idland o£ N. J „ 6 s, g ,..1 9 1 0 A ft O 119 b. ,119 Feb. 119% Jnn .
C onvertible 5a..................1 9 0 3 M ft Sj *100%b. 100% Jan. 101% Jan.
N orLft W .— 100-year, o s ,g . 1990 J ft J , 65 b. 163 J a n . t6 7 F eb .
D en v er D iv isio n 4 s ..........1922 F ft A 93
9 3 Fob.
90% J an.
90%
N eb rask a E x te n sio n , 4 8 .1927 J! ft 5
87% Jan. 90% Feb. N ort.& W .R y., 1 st, cons. 4 s , g .’9 6 A ft O
N o .P a o itlo —1st, coup. 6 g .l9 2 1 J ft J U 5 %
H an, ft St. J 08*—Coxia.6a.1911 |M ft to 119 b . ; i i 9 Jan. 120 Jan.
113 Jan. llr>% Feb.
.........
G eneral, 3d , cou p ., 6 g .,1 9 3 7 J ft D t 81%b, 177% Jan . 182% F eb .
OWe. f t E. I ll,—1 s t,s. t 6 s .1907 J ft >> 113 b.
C onsol, m ortg a g e, 5 g . . . 1989 J ft D i 59%
154% Jan . ' 6 0 Feb.
C onsol. 8 g ............................ 1934 A ft O U 23% b. 121% Jan. 124% Jam
87%
N o .P n c .R y —P 'r flo u r y , ftl.g.-is
87% Feb.
G eneral co n su l., 1 s t 5 s . .1 9 3 7 M ft N 9?%
98% Feb. 100% J an .
85% Jau.
55
G eneral lie n 3 g ................ 2 0 4 7 u
C hicago ft E rie,—le t , 5 g . ,1 9 8 2 M ft N 111% 110% Jan. 112 Jan.
56% Feb.
51% Jan.
9 5 %b. 9 3 Jan.
N o. Pao. & M ont.—6 g .........1938 M ft S *1 4 6 a. i 41% Jau .
Ohio. G as 1.. ft O.—1 s t, o g .. 1937
4G% F eb .
9 6 F eb .
No. F aoiflo Ter. Co—6 g . . . . 1938 J ft J 107 b. 104% Jan . 1 0 8 F eb .
1 3 0 b. 128 Jnn. 131 Jan.
Chic. M && St. P ,—C o n .7 s.l9 0 5
116%b. 115% J a n . 117 Jan.
Ohio ft M iss.—C orn s,!, 7 s . 1898 J ft J 102%b.
la t , S ou th w est D lv ., 6 s . .1 9 0 9
8 4 b, 84% Feb.
118
1st, So. M inn. D tv., 6 s . .1 9 1 0
Ohio S ou th ern —1 s t, 6 g . . . 1921 J ft D
90 Jan.
115% J an. 118 J am
16 a, 11 4 Jan. 115 J a n .
113% 1 1 2 J an. 113% Feb.
ist,C h . ft P a r. W .D iv.5a ..1 9 2 1
G en eral m o rtgage, 4 g .,1 9 2 1 M f t N
C h to .* M o ,R iv ,D lv .,5 s ..l9 2 6 j J
O regon Iinpr. Co.—I s t 6 g . . l 9 1 0 J ft D 185 b. i 85% Jan.
90% Jnn .
106% J an. 110 Jan.
C onsol., 5 g ..........................1939 A ft O 18 a. 15 Feb. t l 8
W ise, ft M inn., D iv , 5 g .. . 1921 J
lll» 4 b . 110% J an. 112 Feb.
Jan .
83%b, 1 10 J a n . 112% F e b .
1 1 2 b. 110% Jan. 111% Feb.
T erm inal, 5 g .....................1 9 1 4 J
O re.R .ftN av. Co.—1st. 6 g .l9 0 9 J ft J
* 98%b. 9 6 J a n .
83%
Gen. M .. 4 g ., s e r ie s A ___1989 J
O
re.R B .& N av.oonsol., 4 g. 1946 J ft D
8 4 Fab .
8 0 J an.
9 9 J an.
Mil. ft S ot. — 1 st,c o n .,6 s. 1913 J ft D 118%b. 118 J an. 118 J an.
P en n . C o .--4 % g ,o o a p ........ 1 9 2 1 J ft J 110% 109% Jan . H I
Jan.
Ohio, f t N .P a o ., 1 s t, 5 %.... 1910 A ft O f 42%
P eo. D eo. ft E v a n s v ,—6 g .1 9 2 0 J ft J 103%b. 100 J a n . 1 0 4 Fob.
140 Jnn. 144 J an.
OWc. ft N . W.—C o n s o l.,T s.1915 Q—F 140% b. 1 4 0 J a n . 141% .Tan.
E v a n s . D iv isio n , 6 g ........ 1920 M f t 8 1 01 b, lO t J a n . 1 0 0 F e b .
2 d m o r ta g e , 5 g ...................1 926 M ft N *127 b, 2 7 J a n .
C oupon, gold, 7 s ................ 1902 J ft D 118
27% Jan.
1 1 6 J a n . 118% Feb.
P h ila. ft R ead.—Gen,, 4 g . . 1958 J ft J f 81% f 80 J a n . 182 Fob.
S in k in g fu nd, 6 s ............ ..1 9 2 9 A ft O 1 1 6
1 1 4 J a n . 116 J a n .
A
ft
O
» 46 a 1 45 Feb, 1 4 8 Jan .
*103
S in k in g la n d . 5 e ................ 1 9 2 9
1 s t p i, ino., 5 g , a ll in st. pd ,’o8
109% Jan. 109% J an.
1 3 4 a. 1 3 4 F eb. 136% J au .
2 d p I .in o .,5 g., a ll la s t. pd .’oS
S in k in g la n d , d eh en .. 5 s . 1933 M ft N 112
110% J an. 112 Jan.
Sfl nf.llUi.. Jy i> all inat, iirl
25-year debenture, 5 s . .. 1 9 0 9 M ft N 107 b. 1 0 6 J a n . 107% Jan.
i 31% F e b . t34% Jan .
7j & j
73%
E x ten sio n , 4 s ..................... 1926 F ft A *102%b. 101 Jan. 103% F eb .
74% Jan .
71 F eb .
9 J ft J 7 3
CWe. K .I. ft P ao.—6 s,co u p . 1917 J ft J 128 b. 128% J a n . 128% J au.
74% F eb .
72% Jan.
M ft N r 5 0 a. 147% J a n . 149% J a n .
E x te n sio n and ooL, 5 s . ..1 9 3 4 J ft J 103% 1 0 1 78 J a n . 103% Feb.
B M. ft S 1 1 4 b. 1 12 Jan . 115% F eb .
9 8 b. 93 J a n .
8t. L. ft San F r.—6 g , OIL
30-year d e b e n t u r e ,5 s ...1 9 2 1 M ft 8
9 8 Feb.
1 J & J l l l ^ b . 108% Jan. 112% F e b .
G eneral m ortg a g e, 6 s
Chic. St. P . M. ft O .- 6 S ...1 9 3 0 J ft D 120% b. 1 2 6 Jan. 129% F eb.
i«i & J
Chic, ft W .Ind.—G e m ,g .,6 s.1 9 3 2 Q - M 117%b. 116% Jan. 117% Jan.
St. L. ft S. F . P. Li. 4 g . ...
66
66% Feb.
62% J a n .
9 M f t N 68
C lev. Lor. ft W b e e l ,- o s ...l 9 3 3 A ft O 101 a. 1 0 2 J a n . 1 0 2 Jan.
S t. L. ft So. W . - l s t , 4s,
70 Jan.
68 F eb .
| J ft J
2d, 4 s , g „ in o o m e .........
a 0 . C. ft I,—C onsol. 7 g ...1 9 1 4 J ft D 1 3 2 b. 131% Jan. 132 Jan.
28 Jan.
25% Jan .
) M ft N 120
Gex era! c o n so l., 6 g _____1 9 3 1 J ft J *123%b. 123% Jan. 1 2 4 Jan.
116% Jau. 1 20 F eb .
A8 ft
j J ft J 123%b. 1 23 Jan. 1 24 J a n .
0.
C.C ftSL L .—P e o .ftE .,4
,1 904 0 74%
73 Jan.
7 5 Jan.
r ed u e ed to 4% g . J & J 1 03 b. :02% Ja n . 103% F eb .
In oom e. 4 « ..................... ... 1 9 9 0 A pril. * 16 a.
J <fe I)
Col, ft 9 th A ye. g o . 5a, g .,1 9 9 3 M ft 8 1 1 7 b. 117 J a n . 117% Feb.
M ontan a e x te n s io n , 4 g *
90% F eb .
8 9 1sb. 87% Jan.
J
J
001.
H .V al.& T on—C o n .,5 gM.l9ft3 18
75
S
a
n
.A
n
t.ft
A
.
F
.—ls t , 4 g ., (
58%
58% F eb .
88'%
Jan.
J
an,
54% Ja n .
68
F & A
G eneral, e g .......................... 1904 J ft D 05 b, 63 J an.
S eat. L. S. & E ., l s t .,g u ,6 ..
3 7 b.
8 7 J an.
)M & N * 94%a. 87% Feb.
D en y. ft R ioG r.—l e t , 7 s , g . 1 9 00 M ft N * lll% b . 111 J an. 111% J an.
So. Car. ft G a.—1 st, 5 g . .
9 1 Feb.
}J 4 J
1st o on so l., 4 g................... 1 9 3 6 J ft J
91
88
So. P aoiflo, Axiz,—6 g . . . 19
94% J a n .
88 Jan.
9 0 F eb.
89 J a n .
A ft 0 1 08 b. L08 J an. 1 0 8 Ja n .
D nl. So. 8b, ft A t!.—5 g __ .1 9 3 7 J ft J 100%b. 99% Jan. 101 Feb.
A ft 0
f t J 107 %b. 104% Jan. 107% F eb .
E dison E l. 111.—lst.co n .g .& s.’BB
85
1 s t oon sol., gold
87 F eb.
8 5 Fob.
ft J
J ft J 103%
E rie—4 , g, p rio r b o n d s___1 9 9 6
95
So. P aoiflo, N . M.- - 6 g ..
93% Jan.
.0 2 J an. 1 0 5 F e b .
95% F eb.
ft J
G eneral, 3-4, g .................. 1996
65%
i J ft .1 89
Sou thern—1 s t oom
9 1 Ja m
02% Jan.
88% Feb.
66% Feb.
ft D
M
ft 8
F t. W. ft D en. C ity.—4 -6 g.1 9 2 1
5 7 b. 5 3 J a n .
85 b. 8 9 Jan.
E
.
T
en
n
.
reorg.
Ui
89% J a n .
58% Feb.
J <fc J 108%b. .07% Jan . 108% Feb.
G a l.H .ftS a n .A u M .ftP .D .ls t,5 g M ft N
88 b. 89% Jan,
91% Jan.
G en. E le ctric .d e b . 5 s ,g . . .1 9 2 2 J ft I) 9 5 %b. 90% J a n .
M ft N 108%
96 Jan.
.07 J a n . 108% J a n .
J ft J .............. .07% Jan. 1 1 4 Feb,
B o u s .ft T. Cent. gen. 4 s, g.1921 A ft O ' 07 a. 6 6 J a n .
6 7 Feb.
tlliriota Cen tral.—4 » ,g .........1953 M ft S 1 0 0 b, 99% Jam 101% Feb.
J ft J 1 1 4 ‘tb . 1 2 Jan . 115 Feb.
W estern L ise s , le t , is , g ,1 9 5 1 F ft A 101 %b, 100% F ob. 103 Jan.
J <& J 1 2 1 b . :
121% F eb .
In tftG r o a t Nor, -1 s t,6a,g 1 9 1 9 M ft N 119%a. 117% Jan. 119% J a n ,
J ft J 1 12 b.
1 1 2 Jan . 3 t!,4 -5 « ..................................1 9 0 0 M ft S 77°ab. 73 Jan.
F & A
72%
79% J a n .
7 2 Feb.
7 6 J an.
Io w a C entral.—l e t , 6 g ___ 1938 J ft D
96%
86 F eb.
T enn. 0 . 1. ft K y—T en . D .i s t , 6i A ft O * 8 2 b, 8 2 Jan.
9 6 Jan.
97% J an.
K in g s Co. E le v .—1 s t,5 g . . 1925 J 4 J
45
B irm ingh am D lv ., 6 * . .. 1 9 1 ' J ft J 8 6 %b. 8 5 Jan .
87% J a n .
4 5 Jan.
45% F eb .
L acled e G as.—l s t , fie, g . 1919 Q - F
J ft D
93%
9 0 F eb .
88%
93% Jan.
85% Jan .
94% J a n .
L ak e E rie ft W eek—5 g ___1937 J ft J 115 b. 113% Jan. 115% Jan.
M aroh
23
Jan.
19% Jan.
21^2
L. Shore, —C on,op„ 1st. 7 s . 1900 J ft J 111% 110% Jan. 111% Feb.
J ft J 1 0 4 b. 1 0 5 J an. 1 08 Fob .
ConsoL ooup.,2<l, 7 s ........1903 J ft D 119%b. 119 J a n . 119% J a n .
J ft D
t7 S
F eb.
71 b. f
L ex , A v. f t P a y , P . g o , 5 s ,g .l9 9 3 M ft 8 117 b. 110% J a n . 117% Feb.
U n ion Paoiflo—6 g ................ 1898 J ft J 10 5
105 F eb .
1
L on g Isla n d ,—la t c o n ., 5 k .1931 q - j *116 b. 113 .Tan. 117% J a n .
9 5 F eb .
E x t. einM ng fu n d , 8.........1899 M f t s
95
8 5 Jan.
G eneral m o r t g a g e ,! * ... 1936 J ft D 8 7 %b. 76% J a n .
50 a. f 49% Jan. 1 5 0 J a n .
C ollateral tr u s t, 4%.........1 9 1 8 M ft N
8 7 Jan.
L ouis, ft N ash .—C o n s .7 s . .1 8 9 8 A ft O 105 %b. 1 0 5 J a n . 105% Feb.
G old 6 s , ool. tr u s t n oteB .1894 F ft A 101%
9 9 F eb 1 0 2 J a n .
5 , 0 ft M obile, 1 s t ,O g ...1930 J ft J U 9 % b . 110 J an. 119% Jau.
K an. P a o .- D e n ,D iv .,6 g .1899 M ft N 116% 1
116% F eb .
M
"
2d , 6 g . 1 9 3 0 J ft J 1 0 1 b. 08% J a n . 102 Fel).
1 s t oon sol., 6 g .............,1 9 1 9 M ft N 7 5
t
Jan . 1 7 8 J a n .
G eneral, 0 g ...................... ..1 9 3 0 J ft D
115% Jam 117 Feb.
117% F eb .
O regon Sh ort L in e—6 g -1 9 2 2 F ft A 1114% t
U n i lied, 4 k ........................... 1 9 4 0 J ft .1 ^
b. 78% Jau.
176% F eb .
O r.s!L .ftU t’h N .- O o n .,5 g l9 i9 A ft 0
76% f
80% F eb .
Louis,N. A.&Oh.—1st,6s, 1910 J ft J 112 b, 1.11 Jan. 112 J an.
3 7 F eb .
36%b. 3 5 J a n .
lT .P .D e n .ftG tU £ ,o o n .,5 g .l9 3 9 J ft D
C o n eo l.,6 g , tr receipts. 1 9 1 6 A ft O
1 8 2 J a n . 18ft J a n .
1 1 4 Fob.
1
U. S. L eath er—8 ,F .d e b .6 g .l9 1 3 M ft N 11 4
Manhattan con sc i. 4s. . . i cm A ft o
Ja n . 102% J a n .
03 Jan.
95% Feb. V irg in ia M id.—G en.M ., 5 a .l9 3 6 M ft N 1 02 b. 1
Metro. Elevated.- let, 0g.l9OR J ft J U «% b. 1 1 6 % Jam 118% Feb. W abash—1 s t, 5
J a n . 107% Ja m
.1 9 3 9 M ft N 106% 1
___
24,6s................................ 1899|M ft N .....
106
73% J a n .
105 ...__
J am 106% Feb.
2d m ortgage, 6 g ................ 1 0 3 9 F ft A
68%b. 69 F eb .
M ich.C ent— 1 s t,c o n s,,7 s.1 9 0 2 ;M ft N| 1 1 6 % b .ilia % Jan. 117 Feb.
100% F eb .
W e stN . Y . ft P a .—la t , 5 g . l 9 3 7 J ft J 106% ]
5 0 F eb .
O o n a o i. 5 « . . ....................... 1902 M ft N r l0 6 % b .|1 0 7 Feb. 107 Fob.
G en. 2-3-4s, g o ld ...............1943 A ft O 49 b. 46% Jan .
MB.Lake8U.ftW. -tBt.6g.1921 M & N 132 b.,13l% Jan. 1 3 2 .Tan. W e st.U n .T e l.-O o l. tr. 5 s . . 1938 J ft J 1 0 7
] .06% J a n . 1 0 7 J a n .
Mxttsa, ft Imp,, 5g..........1020 F ft A;-111 b.|112%.Tan. 115 J a n .
38%b. t 3 7 Jan . ♦ 39% Jan .
W ise. C ent. Co l e t 5 g ___1937 J ft J
SOTA *b" in d icates p rice Wd; “a 1*p r ic e a sk ed ; th e ra n g e is m ad e u p fro m a c tu a l s a le s o n ly,
• L a te st p rioe th is w e ek ,
t T ru st r e c e ip t* .
’l l b'
■JEW Y O iiK S T O C K
SECURITIES.
E X C H A N G E I* U IC E S — (C omU n u o i l ) , — I N A C T l V E
B id .
lia ilro a d B on ds.
({flock E xch a n g e P r ice s ,)
JULab&ma M1(L—1 s t,
gtk&r.. 1 9 2 8
92
4 tc h . T op ek a & S a n F ran.—*
OSUc«m?o dt St. IxOCL—l a t . da. 1 9 1 5
G o t Mid. la t .
6«, assfcd .1 9 3 6
A il, A P a e .—2d W . l x , «u. 8a. 7 9 0 7
W estern D ivtaion Income*. ,1 9 1 0
a lt A O iilo - 1 st,
Park H .1 9 3 9 1 1 1
A s 1c,
SEOUJRITIES.
i B ait, ft Ohio—
5a, g o ld .......................................1 9 2 5
Opim. in ert., gold , 5 a ............. 1988
97
W Va. ft P itta.—* st, g., 5 8 - 1 9 9 0
B . & 0 . 8 . W., 1 st. g .,4 % s ... 1 9 9 0
M onom R iv er, 1st, g ., g. 5 s . .1 9 1 9
63* 1 O eutT O hio B eo r.—ls% 4% 9.1930
A k.& Ch. J u n e.—1 s t,g,5s,gu.. 1930
* i " B rooklyn E ]e v a te fl~ 2 d , 5 a . . .1 9 1 5
S ea sid e ft B .B .~ ls t ,g .5 s ,g n .l9 4 2 ,
B id.
Ask.
BONDS—F E B R U A R Y
11
S E C U R IT IE S .
B ru n sw ick ft W ’n —1 s t, g., 4 s . 1 9 3 8
*
Buff. R ooh. ft P itts .—G en. 5 s ..1937
94
R ooh. ft P ., 1 st, 6 s ..................1921
.......... . . . . . .
Rood, ft P itta.—Oons. 1 s t,6 b. 1922
......
Buff,
ft Susciueh.—1 s t, 5a, g .,1 9 1 3
..........
B url. Ced. R ap. ft N o .- 1 st, a s . 1 9 0 6
C onsol, f t e o lla t. tr u st, 5 s .. 1 9 3 4
97% ..........
M inn, ft St, L . ~ 1 s t, 7 s , g u . .l 9 2 7
Ced. R ap. I. F . ft N ., 1 s t, 6 8.1920
45
*44
1 s t, 5 s ....................................... 1921
.......... . . . . . .
B id .
A sk .
98 100
121
118% 1 2 0
102
......
106%
101%
...... ......
*105
*102%
TH E
F e b r u a r y 13. 1397.)
CH K 0N 1CLE
NET) SOKE STOCE EXCHANGE PR IC E S .— I N A C T I V E
SE C U R IT IE S,
B id.
A sk.
S E C U R IT IE S .
321
B O lW U -fV o n tfn u e d J —
Bid.
A sk.
F E B R U A R Y 1 1.
SE C U R IT IE S.
Bid.
Asfi,
102
N orthern P acifio—
E v .A T .H .— I* Varuo-i 1st 6 s .1923
H elenaA R edM ’n—ls t .g .,6 s ,1 9 3 7
96%
i>>. Br. 1 st, g., 5 s ............1930
'.n t. R R . A B ack . 112 113*4
D ul.A M an.—1 s t,g .6 s,tr .r e o .l9 3 6
v a n s. A In d ia n .—1 s t, o o n s .. 1926
81*8
Dak. D iv .—1 st 6s, tr. rec .-lO S ”
81*8
91
F lin t A P . M a ra u ette—
Crnur d’A lene—1 s t ,6 s ,g o ld .1916
1920 114 115*9
M ort., 6 s . . . . / . .......
85
C. d ’A len e—Gen. l s t , g . , 6 s . .1938
1 0 1 7s 102
1 st, eon. gold, o s ........ ...........1939 *80
Osnt.
79
N orfolk A S ou th ’n—1 st, 5 s ,g .1941 100
Pt. H uron D iv .—1 st, 5 s ___1939
1 0 0 4 101
*1 0 0 % 101
N orfolk A W est.—G eneral, 6 s .1931 T 2 0
71a. Cen A P e n .—1 st g. 5 s ___1918
N ew R iver 1 st 6 s ................... 1932 111*4
'1 0 3
1 st oon. g ., 5 s ............................1943
43
Im p. A E x t., 6 s ........ ................ 1934
' t. Worth A R . G .— 1s t g ., 5 s .. 1928 *41
104
A
d ju stm en t M., 7 s .................. 1924
* . . . . 102
Gal. H ar. A S a n A n t.—1 st, 6 8 .1 9 1 0
96%
68
*101
Md. A W ash. D iv .—1 s t,g .5 s .l9 4 1
2d m ort., 7 s ...............................1 905
83
83%
•101
S oioto Y al. A N . E .—1 s t ,4 s ,.1988
.......... G a. Car. A N or.—1 s t, gu. 5 s, g .1929 124%
Ohio A M iss.—
H ousaton le—Cons, go ld 5 s ___1937
102%
93
90
N. H a v e n A D erb y, Cons. 5 s ..1918
C onsol. 7 s ...................................1898
2d oon sol. 7 s ............................ 1911 115 120
H oas. A T ex a s C e n tr a l—
Cent, W a shington—1 st, g.,
125
103
103
W aco A N. 7 s .......................... 1903
S p rin g.D iv.—1 s t 7 3................. 1 9 0 5
Ones. & O.—P ar. M. fu n d ,
G eneral 5 s ................
1932
. . . . . . -- --1 st g ., 5 s (in t. g td )................. 1937 107*4
Jralg V a lle y —1 s t, g ., 5s
102
106
101*4
Ohio R iver R R .—1st, 5 s ............1936
C ons. g. 6 s (Int. g td )..............1912
Warm 8pr. VaL, 1 s t, g. I
96 100
G en, g . , 5 s ................................... 1937
D ebent. 6 s, prin. A in t. g td .1 8 9 7
95
98
Om aha A 8t. L ouis.—1st, 4 s .. 1937 *51% 55
D e b e n t. 4 s, prin. A Int. g td .1 8 9 7
........
Illin o is C entral—1 st, g., 4 s .. .1 9 5 1 110
O regon A C alifor.—1 st, 5 s, g .1 9 2 7
'1*14
1 s t. gold, 3 * s s ............................1951
Penn-P.C .C .A 8t.L .C n.g.4*9SA 1940 108% 109"
•109 1 1 0 % G old 4 s ........................................1952 102
Do
do
S eries B .......... 108%
*109 112
2 -1 0 g ., 4 s ..................................1904 *99
P .C .A 8 .L .-ls t,o .,7 s ..................190t
P itts . F t. W. A C.—1 s t, 7 s .. .1 9 1 2 136%
Cairo B ridge—4 s ..................... 1950
......
St L. J a ck s. A CM o.2d , 7 s ...................................... 1912 135%
Bpringf. D iv .—C oup., 6 s ___ 1898
..........
3d , 7 s ........................................ 1912
105*
134%
M iddle D iv .—R eg., 5 s ........... 1921 110
105
C h.8t.L. A P.—1 st, con. 5s, g ... 1932
C. 8 t. L . A N. O.—Ten. 1., 7 S .1 8 9 7 102>«
Chlo. B arling. A Q.—5 s, s. 1.
*107
O lev. A P .—C ons., s. fd ., 7s .1 9 0 0
1 st, o o n so l., 7 s ....................... 1897 *102*4
Iow a D lv.—Sin k, fu n d , 5 s .
Gold, 5 s , o o u p o n ................. 1951 121 121%
G en. 4*48, g ., “ A ..............1942
Sin king fu n d , 4 s .............. 1919 *98
Bt. L .V . A T . H .—1 s t , 6 s . , 7 s . 189
Memp, D iv ., 1 s t g. 4 s ........1951
P liln , 4 s ...................................... 1921
........
2d, guar., 7 s ........................... 1898 •100
B e llv .A S o . IU., gu ., g., 4 * a s.l8 9 7 *100
C hicago A Io w a D lv.—5 s . . .1 9 0 5
Oed. F a lls A M inn.—1st, 7 s .. 1907
G d .B .A I.E x t.—lst,4 * 4 S ,G .g .l9 4 1
C ilo. A Indian a Coal—1 s t 5 s . 1 9 3 6 *93 10038
In d . D . A Spr.—1 st 7 s , 19 0 6 , tr u st
AUeg.VaL—G en., gu „ 4s, g .1 9 4 2
C il. HU. & 8 t .P .—1 st,8 s ,P .D .1898 '1033* 104
r e c ta ., e x b o n d s ..............................
Peoria A P ek . U n io n —1 st, 6 s .1921 112
2 1 , 7 3-108, P. D ......................1898 *128 129
75
Ind. D eo. A W.—1 st, g ., 5s___1935 10 0 101*4
2d m ortg., 414s ..........................1921
1st, 7 s, $ g ., E . D ......................1 9 0 2 129 130
........
9
0
128
Ind.
Ills.
A
Io
w
a
.—1
st,
g
,
4
s
..
1939
P itts. C leve. A T ol.—1st, 6 s . . . 1922
1 st, I. A M .,7 s ......................... 1897
1st, e x t., g. 5 s . ....................... 1943
P itts . A L . Er.—2d g. 5 s , “ A ” . 1928
l e t , I. A D ., 7 s ......................... 1 8 9 9 128
29
Int. A G. N ’n .—3d, 4 s , g ......... 1921
P itts. Mo. K. A Y .—1 st 6 s ___ .1 9 3 2 133
1 st ,C. A M., 7 s ......................... 1903 128
45
71
131
K in gs C o .-F .E l.,la t,5 ,g .,g u . A .1929
P itts. P ain sv.-A F .—1st, 5 s . ..1 9 1 6
1st, I. A D .E x t e n s io n ,7 s ...1 9 0 8 132
1102
109%
10
L
.
.
.
.
L
abe
E
rie
A
W
est.—2d
g.,
5
s
.
1941
P
itts. 8 h en . A L .E .—1 st,g .,5 s . 1940
99% 99%
1 st, La C. A D a v ., 5 s . . . . . . 1 9 1 9
1 s t oonsoL 6 s . . . ....................... 1943
N orth’n Ohio—1 st, gu. g. 5 s,1 9 4 5 103 103%
1 st, H .A D . , 7 s ........................1910 126
I
0
5
3
s!l0
6
108
L.
8.
A
M
.8ou.—B
.A
E
.—N
ew
7
s
.
’98
P
itts.
A
W
e
st—M.
5a,
g
.1
891-1941
*734 74
1 st, H. A D . , 5 s ........................1910
D et. M. A T .—l e t , 7 s ..............1906 ’123
'Jbloago A P acific D lv ., 6 s . . 1 9 1 0 116%
P ltts .Y ’g s t’nA A .—1 s t, 5s.oo n .1 9 2 7
L
ake
Shore—D
iv
.
bon
ds,
7
s
.
1899
108
Rio
G
rande
8
0
.—1st,
g
.,
3
-4
s
.l9
4
0
Mineral P o in t D lv . 5 s ............1910 *■**•*
109*
K al. A ll. A G. R .—1 st gu . 5S.1938 112
B t J o s. A Gr I s.—2d in o .......... 1925
0. & L. Sap . D lv ., 5 s .............. 1921
K an. C. A O m aha—1st, 5 s . .1 9 2 7 ........ ..........
M ahon’g C oal R R .—1 st, 5 s . 1934
kargo A 8 o u th ., 6 s, A S S U ...1924 1 0 7
102
. . . . . L eh igh V ..N .Y .—1 s t g u -g .4 * ss.l9 4 0
Bt. L. A . A T. H .—T erm . 5 s . .1 9 1 4
Ino. oonv. sin k , la n d , 5 s ___1916
..........
*
io
»
”
B
elle v . A Car —1st, 6 s...........1923 .......... ........
L
eh
ig
h
V
.T
erm
.—1
s
t
gu.
5s,g
.
1941
*
1
1
0
4
D akota A Gt. Sou th., 5 s ___ 1916
......... L eh igh V’y Coal—1 s t 5 s ,g u .g .l9 3 3
OhLBt.L.APad.—1st,g d .g .5 s 1917
Mil. A N or. m a in lin e —6 s . . . 1 9 1 0 118
~
93~
8 t. L ou is 8 0 .—1st, gd. g. 4 s . 1931
95"
Chlo-AN orw .—3 0 -y ea r d eb .5 8 .1.921
....... L eh igh A N .Y .— 1st, gu. g. 4S.1945
E lm ir a C .A N .,lst.g .l8 tp f.6 8 .1 9 1 4
do
2 d lnoom e , 5 s . 1931
B soanaba A I . 8 .1 s t , 6 s . ...1 9 0 1 107% 108 *
Oar. A B haw t.—1 st g. 4 s ___ 1932
G uar., gold, 5 s ..................... 1914
D es M, A M inn.—1 st. 7 s ___1907
99*4 99%
Bt. L. A 8. F .—2d 6 s ,g ., ol. A . 1906 i i T " 115*"
ld to h i. Car. A W est.—1st 6 s. g .1 9 1 6
Iow a M idland—1 st, 8 s ..........1900
L ittle R ock A M.—1 st, 5 s, g . .l 9 3 7
2d, 6s, g., o lass C .................... 1906 1 1 4 115
—
Ohio. & M ilw aukee—1 st, 7 s . 1898 101
L o n g Isla n d —1 st, 7 s ................ 1898 105*4
G en eral 5 s ................................... 1931
Win. A 8 t. P .—2d , 7 s ...............1907
128
97
F erry, 1 s t, g„ 4**s.................. 1922
1 st, tru st, gold . 5 s ................. 1987 * 8 7 4
85
*11. A Mad.—1 st. 6 s ..............1905 T 0 8
89
F t. 8. A V. B. B g. - 1 s t , 6 s . . .1 9 1 0 106
O t t C. F. A 8 t. P .—1 st, 5 s . 1909 109%
G old 4 s .........................................1932
N. Y. A B ’w a y B . ~ 1 st, g. 5 s . 1927 ‘98
St.L . K an.A S.W .—1 s t, g .,68.1916
50
n o rth ern 111.—1 st, 5 s ............1 9 1 0 1 0 9 %
Bt. P au l C ity Ky, oon . 5s, g .,.1 9 3 7
MU. L. 8 . AW.—C o n .d eb .,5 s. 1907 104 107
2d m o rtg ., In o .......................1927
M ich. D lv ., 1 st, 6 s ................1924 127
G old 5 s, gu ar . . . . . ................ 1937
N .Y .B . A M .B.—1 s t oon. 5 s ,g .l9 3 5 105** 108**
A sh land D iv isio n —le t , 6 s 1925 127
B rook l’nA M ontauk—1st,68.1911 .......... .......... B t P a u l A D u lu th —1 s t, 5 s ___1931
.....
1 st, 5 s ...................................... 1911
2d m ortgage 5 s ..........................1917 i ‘o T *
O h.R .I.A P—D .M .A F .D .lst 48.1905
No. Shore Br.—1 st e o n .5 s,g .1932
Bt. P a u l M inn A M.—1 s t, 7 s . .1 9 0 9 106%
62
1st, 2 i« s...................................1905
32
E xten sio n , 4 s .......................1 905
2d m ort., 6 s ........ ......................1909 120 121
L ouis. E vans. A S t. L .—C o n .5 s.1 9 3 9
K eokuk A D es M.—1 s t ,5 s . .1 9 2 3 io i% 102*4 L o n is.A N a sh .—C ecU .B r. 7 s .. 1907 109 1 1 1 4
M lnneap. U n io n —1 s t 6 s ___1922
E . H . A N a sh .—1 st 6 s, g .._ .1 9 1 9 1 1 3 4
M ont. C en.—1 st, gu ar., 6 s . .1 9 3 7 114% i l l "
Ohio.Bt. P. A M inn.—1 s t ,6 s . . . 1918
Bt. P au l A 8 . 0 .—1 st, 6 s ........1919 * i s i « i 1 3 2 P e n sa c o la D iv isio n , 6 s ..........1920 108
1 s t guar. g. 5 s ........................1937 102
Ohio. A W. In d .—1 st, s. I., 6 s . 1919
Bt. L ouis D iv isio n , 1 s t, 6s. ..1 9 2 1
E ast. M inn., 1 s t div. 1 s t 5 s . 1908 106
G eneral m o rtgage, 6 s ............1932 117*4 117**
2d , 3 s ........................................1980
W"n a r A 8 io u x F .—1 st, g ,5 s .l9 3 8 *105% 107
Ohio. A W est. M ich.—5 s ..........1921
Ban F rau . A N . P .—1st, g „ 5 s,1 9 1 9
N a sh v . A D eca tu r—1 st, 7 s . .1 9 0 0 107
Sav.FL A W est. —1 s t, oon. g .6 s,1 9 3 4
Oln Ham . A D .—C on. s. f ., 78.1905
8. f.,6 s .—8. A N. A la .............. 1910
*d, gold , 4*as............................ 1937
S ou thern—A la. C ent., 1 st 6 s . 1918
5 0 -y ea r 5 s, g .,...........................1 9 3 7
101
A tl. A Char.—1st, p r e f., 7 s .. 1897
Oln. D . A Ir’n —1 st, go. 5s, g.1 9 4 1 109
110
P en s. A A t . - 1 st, 6s, g o ld ...1 9 2 1
100
Olev. Ak. A Col.—Eq. A 2d 6 8 .1930
ln o o m e , 6 s .............................1900
C ollat. tr u s t, 5 s, g .......... . .. .1 9 3 1 102
C olum . A G reen.—1 st, 5 -6 8 .1 9 1 6
76*
C lev.A C an.—T r.c tfs.Io r lst5 e.1 9 1 7
76"
L .A N . A M.AM.—1 st,g .,4*481945
E . T en n. V. A G a.—D iyla.5s 1930 112%
0 . 0 . C. A 8 t L .—G en., g. 4 s . .1 9 9 3
N a sh .F lo r.A 8 .—1st, gu., 5 s . 1937
90
Cairo d iv isio n , 4 s ................... 1 9 3 9
Rioh-A D an .—E q . 8. f. g. 5 s . 1909
K entu oky C entral—4s, g ..,1 9 8 7 ’85
D eben. 5 s, s ta m p e d .......... 1927
8t.L o a .D lv .—ls t o o l.t s ’t4 B ,g .l9 9 0
L. A N .—Lo u. 0. A L. —g. 4 %s. 1931
93
100%
107
Bprlng^ACoLDlv.—ls t ,g . 4s. 1940
V lP a M id.—Serial ser.A , 6 s . 1906
vX>o.AJefi.Bdge Co.—G u .g ,4 s. 1945 104 107
W hiteW .VaLDiv.—ls t ,g . 4 s. 1940
S eries B , 6 s ..............................1911
L ou-N .A lb.A C h.—G e n .m .g .5 s.l9 4 0
42
S eries 0 , 6 s . . . . . . . ................ 1916
M em phis A Chari.—6s, g o ld .. 1924
01n.W ab.AM .Div.—I s t,g .4 s .l9 9 1
87% 88
S eries D , 4 - 5 s .......
:ln. I. Bt. L. A O.—1st,g .,4 8 .1936 *98 100
1921
M exican Cent. C onsol.—4s, g .1911
Consol , 6 s ................ ............1 9 2 0
Series F , 5 s ..............................1931
1 st, oons. in co m e 3 s, g___..1 9 3 9
OlrnBan. ACL—C o n .lst,g .5 s, 1928 108
M ex. In tern a tio n a l—1st, 4 s,g ,1 9 4 2
Waah.O. AW.—1 s t ou r.gu .4s.1924
81
Indian a B. A W.—1 st p f.7 s.1 9 0 0 105*s
Ter. A s’n o f Bt. L.—1 st, 4 * a s.l9 3 9 107
M exican N a tio n a l—1st, g ., 6 8 .1 9 2 7
Ohio I n d .A W .-ls tp r e f.5 s ..1 9 3 8
1 st, oon. g. 5 s .................1 894-1941 104*4
2d , lnoom e, 6 s, “ A” ______..1 9 1 7
C. Col Oln. A In d .—1 s t, 7 s ,e .f .l8 9 9 107*4
2 d , lnoom e, 6 s , “ B ” .......... ..1 9 1 7
8t.L .M 6r.B r.T erm „g.5s,gu ,.193o
Consol, sin k , fu n d , 7 s ............1914
M ichigan C entral—6 s ..............1 9 0 9
T e x a s A N e w O rleans—1 st,7 s .1905
S a o in e D iv isio n , 1 st, 6 a ____1912
Cln.A Spr.—lst,C .C .C .A I.7 s.l9 0 1
C oupon, 5 s ...................................1931 118
C leve. Lorain A Wh.—1 st, 5 s . 1 9 3 3
C onsol. 5 s, g ___ ____________ 1943
M ortgage 4 s ...... ........................1940 *103%
101
92
T ex. A Pao., E. D .—1 s t, g. 68.1905 107
C leve A M ah. Y .—Gold, 5 s . ..1 9 3 8
B a t.C .A 8 trg is.—I s t,3 s ,g .g u .l9 8 9
D el. Lack. A W.—Morn 7 s ___ 1907 125
T hird A ven u e (N .Y ).—1 st 5 s, 1937 121
M lnn.A 8 t. L .—1st, g. 7 s ..........1927 *139
Byra. B ing. A N. Y.—1 st, 7 s .1906 125
Io w a E x te n sio n , 1 s t ,7 s ........1909
77%
........ T.AO.O.—K a n .A M ., Mort. 4 s .l9 9 0
Morris A E ss e x —1 s t, 7 s ___ 1914 142*4
T ol. P eo. A W e st—1 st, g ., 4 8 .1 9 1 7
B outh w est E x t.—1st, 7 s ........1910
69
Bonds, 7 s .................................1900 109*4 110*4
U lster A D eL —1 s t ,oon .,6 .,5 s . 1928
P acifio E x t.—1st, 6 s .......... . . 1 921 121%
99
98
7 s o f 1 8 7 1 ............................... 1901 1 1 4
U nion Paoiflo—1 st, 6 s ................1896 104% 104%
M o .K .A T e x .—1st, e x t., 5 s, g .1 9 4 4
1st, oon., gnar., 7 s ...............1915 140*4
1 st, 6 s ............................................1897 1 0 4 4 104%
M o.K.AT.of T e x .ls t,g u .5 s .g ,1 9 4 2
78% 80*
Warren -2 d , 7 s ........................1900
1 st, 6 s .......................................... 1899
K ansas C ity A P . , l s t , 4 s , g . . l 9 9 0 * __ m 7 0
106
11338
C ollateral T ru st, 6 s ................ 1908
D.
A H .Can.—Pa. D lv.,ooap. 78.1917
72
D al. A W aco—1 st, 5s, g u . . , . 1940
T 44 147
98
A lb an y A Bosq — ls t,g u .,7 s ,1 9 0 6
C ollateral T rust, 5 s .......... ... 1 9 0 7
M issouri Pacific —T ru st 5 s . ..1 9 1 7 A
75
85
75
1 s t, oona., guar., 6 s ........ ,.1 9 0 6 117
K an sas Paoiflo—1 s t 6 s , g . .. 1895 *109 110
1 s t o o ll., 5 s, g ........................... 1920
63
55
B ees. A Bar. 1 st, ooup ., 7 s . 1921 ’ 146=8
1 s t, 6 s , g ..................................1896 113
Bt L .A I. M .-A rk .B r.,1 st,7 8 .1 8 9 5 1 0 2 4 107
D en y. T ram w ay—C ons. 6 s , g .1 9 1 0
O. Br. U P. - F . 0 ., 7 s ............1895
M obile A Ohio—1 st e x t., 6 s .. .1 9 2 7
46
M etropol. B y.—ls t,g u . g .6 s .l9 1 1
A toh. Col. A P a o .—1st, 6 s ... 1905
8 t. L . A C airo—4 s, g u ar........1931 *82
D en y. A R. G.—I m p . ,g „ 5 s .. . 1928
A toh. J. Co. A W.—1st, 6 s . . .1 9 0 5 H
M organ’s La. A T.—1 st, 6 s — 1920 113
27
D et.M . A M.—L. g. 3% e,ser.A .1911
U . P . L in. A Col.—1 s t,g ., 5s. 1918 '2 4
1st, 7 s............................................ 1918 124
20
22>*
D e t A Maok.—1 s t lie n , 4 s ,g . . 1995
U tah A N orth.—lo t, 7 s ..........1908 1 1 0
N ash. C hat. A St. L .—2d , 6 s . .1 9 0 1
....
4 s, g o ld ........................................ 1995
G old, 5 s ....................................1926 101*4
N . O. A. N o. E .—Pr. 1., g ., 6 s .. 1915
D uluth A Iron R ange—1 s t 5 s .l9 3 7
U ta h Southern—G en., 7s -.1 9 0 9
75%
9 9 's N . Y . C entral.—D eb. g. 4 s . . ..1 9 0 5 1 0 2 4
Erie—1st, e x te n d e d , 7 s ............1 8 9 7 1 0 9 109*4
N . J . Ju n o—Guar. 1st, 4 s . ..1 9 8 6
E xtern , 1 st, 7 s ........... . . . . . 1 9 0 9
106
75*4
2d, exten d ed , 5 s ...... ............. ..1 9 1 9 1 1 7
B eeoh Creek—1st, gold, 4 s . .1 9 3 6 106 107
8 d, exten d ed , 4%s....................1 923 111*4
D eb en tu re, Ser. A ................ 1939
O sw . A R om e—2d, 5 s ,g .,g u .l9 1 5
4th, exten d ed , 5 s........ ............. 1 9 2 0 116*4
D eb en tu re, S eries B ...............1939
U tio a A B l. R iv.—4s, g., g u .1922
2 1 4 24
5th, exten d ed , 4 s...................... 1928 1 0 0
D et. A Ohio. E x t. 1 st, 5 s, g .1 9 4 0
N . Y. A P u t.—1st, g ., 4s, g u .1 9 9 3
9 2 4 95
le t oon g Cd, 7 s ............... 1920
N . Y. N . H. A H .—1st, r e a .4 8 .1 9 0 3
Bt L.K.C.AN.—8 t.C .B d g e 6 s.l9 0 8 1 0 7 4 1 0 7 78
B. N. Y. A E.—1st, 7 s ............1916 i'3 5 " 138
W est N .Y .A P a .,g e n .g . 2-3-48.1943
49% (
N . Y. A N orthern—1st, g. 5 s . .1 9 2 7 119%
49
B u8. A 8. W.—Mortg. 6 s ___1908 100
14*fl’
In com e 5 s ......................... . . . . . 1 9 4 3
N . Y . 8usq. A W est.—2d, 4 * * s .l9 3 7
13
lefieraon—1st, g o . g. 5 s ___ 1 9 0 9 108*4
G en. m ort., 5 s . g ..................... 1940 "70**4 71*4 W e s t Va. O. A P itts.—1 st, 6 s . 1911
O oalA R R .—6 s ...................
1922
W heel.A L .E .—1st. 5 s, g o ld ...1 9 2 6
W ilk.A E a st.—1 s t,g td .,g .5 s .l9 4 2
89% 9 0
914*
Dook A I m p t .ls t 6s, c u P c y .1 9 1 3 1 0 6 "
75
N orthern P ao.—
W heeling D iv., 1st, 5 s , g . . . 1928
A vans. A T .H .— 1st, oons., 68.1921 110 112
Spokane A P a l.—1 st, 6 s........1936
73
E x te n sio n A Im p, g ., 5 s ........I 9 6 0
1st, general, g., 5« ...........
1912
9
W is. C en t. Incom e 5 s . --------- 1937 *
8 1.P a u l A N. P .—G en., 6 s . .1 9 2 3 122*4
..........
* No prloe Friday; these are the latest
Iona made this week. F o r J lls c e lla n e o u s B o n d s —Bee 3d page preceding.
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188,483
11.310
104 9^1 100.994
25S,669,4«o
299,067
14.706,621
11.169.000 2,682.7381
409,27 >
185,876
2,960
89,233 114,813
10,712,301
243.333
t.4i»«,0;»
9,075,363
$,Ti30,000
23.170
81,750
491,207
47.496
50,663
12,248.351
270,234
1,577.151
9,3lt'i,014
6,9^5,000
if
« YtfFtKMPttt ...<•'•
192,015 145,002/42 6,704,913 1,218.540
251.176 2,924,8-12 8,112,112
D 8,203.Ole
$ $ 50.750.000 14.050.893
i
». **. *.
3.131,776
90,952
195,020
556.71** 760,161 2,330.495
103.861.3:5
44,627.&u0 15,133,36 : 73,207.55.
I
©tteftr.
Mi
34.801.355
97.720
125,193 179,418
682,716
9*5,548
717,553
3,140,054
19,231.796
h i H*,S37,050
* E,te©4» lalma#
233,179
4 3 .-6 1 / 2
1,931,617
375,240;
221,057 42<.08l
894.606
7.780613;
31.681.101
M M tU oV O
3?3,HrtM.li!
3
14,260,5 it 1,921.26 ■: 1,430,0 <>-1,56 - ,rtM 12,976,400
48,690,427: 304,473.065 1,04.5*949
’ hH¥ i&i
525,610 5,5(,8,S00 67,481,304
290.91. 2< 1,173,03s 340.171,207 52,885.425 8.970,350
t Hew York Cliy
49 fto ,6 0 ^ 0 0 1
677,770
11,221.08-1
185,000
00,576 299,282 1,315,823
200,499
2.210,0001
16.942,6 *3
$
i, sa t, ooo
1 IlfdOWjlJ..
38,215
455,313
7,371,767
50.000
284,300
48.180
762,764
l ,550,000
1.398,000,
4,810.859
6
2 A lirzny
&1.?6%554 3,»79.863
513,220
007,104 595,043 2 804,174
464,802
86.-34,187
40 11,028.372:
J K YortU «tlMt M 7
1,777,
<76
270,399
50,100,133
270,750
330,183
2,023,344
8
<3,742
8,00 7,400;
50.939,741
102 14.395.000
1 |t#w
85.750,7ft l 5,710,135
256.930:
594,250 1,589,825 8,027,152
108,583
89,130,229
42 21.965.000 14,718,000
gj PteU*a«#j>tel»
42,917,879 3.032,617
202,410
375,770
428.579 721.593 2,321,006
34,604,247
30 12.100.000 9.321.464'
* Ptttatearg
.
301,804 110,802,914 5.489.146
446,780
918,831 1,248,071 3,884,083
34$ 40,65*5,390 20,492.113 It 7.231.552
■1 Ptt&UA*. otJuwr
740, i l ft,289 74.Ulrt.4ftl 11,303.100: 3,512,alii 13 155 n .< 88,13-,650
V TfteAl WrJfQvf -«> 174.070.430 109,7"1.833! 089,85 .794 2,80 ,53
15,500
146,0 <7
54, >39 Lo2,M15
130,054
50,000
5,433.37,
4.460,136
971,006
| Iteifliwar*. . . .
11 ~ ir il3 ,e l5
31.183.92r 1,790.580
354,120
152,916 1,522.198 2,173,678
232.811
23,264,62;,
4,698.730
£ Ballliisorffi .. ..
42 13.243.200
10,2tO
340,9s<5
80,550 171,301
50,600
9,960,629
359.210
9,364,853
■m M,»«iaai&,©tls.
4<
3,811.700 1,587.225
8,10.1,275
864,653
634,460
46,9*i6 784,161
94,6Ut,
826,127
12,153.031
23 3.075.000
2 W«iltlSjf|0O:-..
1,401,500
131,516
52,000
642,07 5
4,76!
54,031
18,011
800,098
i
100,000
252.000
2
OoL* ©Hi.
648,093
2
634,202
15,116,030
148.759
187,42’
752,793
13,592,074
37
2,869.400
4,798.800
j£ VSftftl*. . . . .. .
66,329 119,109
39.550
8,475,240
409,182
384,433
100.105
7.132,089
33
3.451.000
832,457
j West Virgtula
78.913,334 4,334,5-‘rt 1,137,490
554,8
2,940.1 .-in 4,614,306
70.853,703 1,161,814
l Tot*! W t So.S lt d 80,703,2*5 I2,4bi,rtrtb
4ul,277
1.470
261,747
6,45i,4s7
129,717 101,002
163,6S2
5,039,056
■Worth Carolina
28 2,77b.000
759,126
141,75o
5,116,361
77,993
398,574
151,210
59,875
3.927,324
15
itoaifc Carolina
749,100
1.844.1 00
17,000
29,861
601,624
1,440,733
50,000
88,091
2
43,4Su
225.000
Savannah.......
750.01.0
3,830
309,420
7,300,084
49,128
Oeor.-iM.oth...
117,005 154,281
518,225
6,653,820
2$
1,000,100
3.266.000
75,496
410
3,709,823
80,74?
219,471
27
30,616
3,616,875
74,825
Florida......... .
1.360.000
461.800
59,900
435,705
452,198
6,048,273
105,359 104.579
6,426,581
93,83b
Alabama . . . .
27 3.408.000
613,12b
70,801
500
210,052
2,312.061
10
19,3*2
41 077
2,554,330
391,8:5
855.000
119,500
718,839
12,340.371
7 2.300.000
124,356 746,053 1,215.958
14,532,697
[ New Orleans.,
2,260,00'
58,601
500
103,674
2,664,732
12
» i Louisiana, oth.
76,947
59,725
2,152,050
348.000
810.000
272,577
128,720
2,199,514
623,501
50,000
[ H ouston........
5
51,51?
90,735
2,318,95b
540.800
1.150.000
66,690
37,767,972 2,022.r63
795,337 557,460 2,120,507
31,071,316
298,980
other.. 189 10,370,000
4,549.848
J[ Texas,
74,241
870
1,815,563
2,411,554
19,801
24,6s0
Arkansas___
82.491
8
1.220.000
246,610
5,000
7,59?,940 1,065,430
7 3.601,500
458,735
499,530
55,819
4,834,57a
Louisville
719.000
693,403
30,6in
70
498,465
18,220,315
117,649
93,065
10,943.596
715,214
Kentucky, oth.
9.482.900
2.658,325
18,078,846 1,023,913
136,230
48
201,500 206,54.1 1,030,934
14,257,619
270,776
1,841,778
Tennessee.......
8,275,000
554,230 2,029,69.1 2,2j#ai,rtsq 8,249.532
. Total Dlv.Ko.4 *84 6»,5o9,400 17,4U4,1»« 110,745.987 2,464,11, 133,732,"O 7,380.727
f Cincinnati___
970,548
13
18,362.996
2 1 ,l5 l,i2 4
288.IU0
7n,74l 500,294 2,741,747
827.949
8,000,000 2.680,000
236,000
4 Cleveland
12
18,790,485
26,352,606 1,394.795
124,450 104,280
2,066,000
61,833
759,051
9.550.000
s Ohio, o ilie r ... 223 27,780,100
56,116,550
65,979,755 3,824,007
555, t72 252,517 2,892,029
119,640
8,115,352
514,417
2 Indiana..........
113 14.262.000
164,950
32,290,821 3,711,273
30,623,516
321,869 280,018 1,643,531
4,045,448
201,961
21 21.400.000
2 Chicago..........
394,438 2,889,335 14,854,423
9,549,400
68.584,017
82,734,489 14,410,596 2,474,270
570.950
( Illinois, other. 199 17.621.000 8.472,233
38.175,910
43,701,320 2,710,131
290,470
399,822 276,4l<6 1,696.975
920,592
, D etroit..........
10,115,053
10,860
619.000
b
13,616,839 1,208,758
121,891 152,599
647,978
3.600.000
310,104
m ffiohlk'mother
83
45,040
9.359.000
24,276,035
26,862,140 1.197,937
743,143
2,800,221
222,363 172,239
99,858
I Milwaukee....
13,310,864
1,787,170
521.000
5 3.250.000
13,081,107
70,159
592,239
400,462
84,761
p Wlsoonstn.oth.
76
7.195.000
19,096.171
1,860,340
27,610
162,971 138,077
029,163
125,998
19,502,958 1,500,104
1 TotalDlv.No.5 751 122,017,100 39,327,994 295,821.906 4,034,124 345,502,*16 33,020,319 3,657,750 2,440,776’ 4,«o6,o*o 27.199,274
Des Momee...
114,640
4
2,243,310
800,000
1.352,371
236.000
29,96J
8,921
233,082
2,29u
Iowa, other... 160 12,120,000
2,351,583
131,250
28,335,316 1,507,186
21,434,599
786,929
lid',154
274,151 168,321
Bt.Paul&dlnn
13 9.000,000
16,308,112
1.516.000
17,400
21,971,033 3,041,591
171,243 380,802
875.035
522,525
Klanesofn.oth
61
13,980,602
16,850
5.450.000
475,704
986,079
14,069,731
737,030
126,24?
97,28o
51,188
18t- Lotil*........
1.871.000
8 9.400.000
17,509,147
72,044 787,603 4,628,097
181,890
24,973.218 2,059,390
500,000
10,942,253
20 4.150.000
682.000
! 8t.Jo.AKan.C.
14,212,954 1,218,183
143,842 942,554 1,321,583
62,88«
161,054
! Missouri, oth'r
49 3.665.000
7,283,724
72f‘,455
6,418,350
339,971
77,865
11,740
47,340
294,838
i 1Kansas..........
115 9,502,100
18,325,824 1,097,332
16,039,315
189,884 118,436
645,270
1.345,459
33,900
330,177
OtnahsALlnc.
n
4.600.000
397,000
8,952,196
161.621 133,018
2,020
423,712
9,239,99, 1,640,635
958,141
* : Nebraaka,
oth. 103
6.475.000
7.939,035
518,135
11,635.147
1,180,858
280,249
3,660
78,815
40,549
Worth Dakota.
27
1.660.000
337,372
4,417,533
217,785
234,242
4,486,711
28,085
19,982
11,260
South Dakota
29 1,835,000
321,211
3,914,212
1.000
2,956,338
40,105
28,752
405,120
346,350
154,358
Total Dlv.No.8 590 68,657,100 12,195,968 129.207,725 2,233,168 159,7rtrt.29a 13,104,837
476, U(l 1,304,003 2,79rt.£mrt 11,121,833
H evada..........
1
8,000
82.000
167,402
193,025
630
14.885
1,774
, j Ban Francisco,
2
2.500.000
1,450,000
5,758,149
7,079,722 2,560,478
7,300
22,159
77,128
lit ', 442
1CaUlomia,oth,
29
5.025.000
11,012,241
1,080,700
10,486,799
2,534,100
19,260
64,739
89,163
135,072
171.578
! ! Oregon...........
33
3.170.000
568,925
7.657,095
8,388,442 2,562,980
45,610
89,006
20,503
400,014
1Washington...
39
4.728.000
937,575
7,766.822
117,002
169,417
7,290.438 1,606,642
•{0.900
61,691
46,182
i
X l o w wjv.ruo, .
104 15,505,000 4,0ft 1,200
32,361,709
31.438,476 9,279,0 b5
30,1 BO
50b,9Ort 169,093
259,7u5
692,710
5
400.000
20.267
39.3t>0
i A m on n -------783,036
686,4(3
120,058
10,7 7»
4,,56
42
5.487.000
. Colorado.. . . .
1,401,9-6
24,104,168
481,647
18.418:312 4,169,661
221,173 267,768 2,222,622
99,480
Idaho........
11
675.000
275,375
1,870,352
71,124
50,417
269.365
1,254,718
710
14,215
15,896
1Montana. . . . .
25, 3.335.000
604,321
11,621,346
10,053,871,
818,486
95,634
801,952
1,000
117,801 177,125
9 New Mexico ..
6?
550.000
132,750
1,924,497
1,420,599
120,907
58,401
6,0*2
34,464
178,457
1,500
Oki nh'a A I. T.
14
744,500
156,500
96,175
1,315,050
1,193,528
52,810
500
19,491
32,186
i Utah ..............
11
1.900.000
688.268
2,873,503
2,751,783
723,52
133,159
119,708
40.711
5,86
44,443
Wyoming......
11
860.000
118,050
1.877/ 93
9,718
1,777.893
8.9-0
21,519
1 0.275
X ZQlMl Ui-W.aO.G 1251 14,i), l t50o
3,418,598
46,3«9,605
1«9,08U
92o,st>3
H7.CH4.176 6,418,555
194,oaoi 572,5«o 3,499,912
fo l^ l for 0s 8 . ..' 3,«oli0 4 ? ,180,385 : , 139/ <17 1,639,686.394 15,419,8.7 i.HOi.ltfO.LlL 101H28O5O 19.i9 2.2 lc 12.37 5,600:321446ty 155973612
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F e b r u a r y 13, 18b7.]
In v e s tm e n t
AND
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C H R O N IC L E ,
3 23
L a test G ross E a rn in g s.
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W eek o r Mol 1896-97. I 1895-96.
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1 5 0 .9 0 0
3 2 ,6 8 8
T h e f o l l o w i n g t a b l e s h o w s t h e g r o s s e a r n i n g s o f e v e r y Io w a C e n tr a l... 1st w kFeb.
2 0 0 ,1 6 0
J
a
n
u
a
r
y
...
Iron
R
a
ilw
a
y
.
.
3
,e
9
6
4,2
1
8
3 ,6 9 6
4,2 1 8
s t e a m r a ilr o a d f r o m w h i c h r e g u l a r w e e k l y o r m o n t h l y r e t u r n s
Jack. T. A K. W. D ecem b er.
2 6 ,4 0 7
28 .6 8
3 0 8 ,6 8 8
3
8 7 ,4 6 9
c a n b e o b t a i n e d . T h e f ir s t t w o c o l u m n s o f f ig u r e s g i v e t h e J a m e st’n A L .E O ctober.
3,1 4 1
g r o s s e a r n i n g s f o r t h e l a t e s t w e e k o r m o n t h , a n d t h e l a s t t w o K anaw h a AMich Is w kF eb.
9 .6 3 3
7.288
5 1 .2 9 5
4 7 ,8 3 2
9 3 .5 1 7 110.061
3 0 7 ,8 2 3
3 4 0 ,4 4 5
o o lu m n s t h e e a r n i n g s f o r t h e p e r io d f r o m J a n u a r y 1 t o a n d K.C.F. S co tt AM. it h wk Jan
K.C.Mem. A Bir. ith wk Jan
3 0 ,3 2 9
3 4 ,2 4 8
1
0
9
,8
9
0
1
1 0 ,2 7 5
in c lu d in g s u c h la te s t w e e k or m o n th .
Kan. C .N . W . .. . J a n u a r y ...
31,2^ 7
2 4 ,8 5 2
3 1 ,2 5 7
2 4 ,8 5 2
The returns o f the street railways are brought together sep
Kan.C. A B eat. D ecem b er,
370
768
4 ,9 9 3
4 .9 5 4
K an.C ity A O m . it h wk J a u
6,8 3 5
18.563
1,578
arately on a subsequent page.
8 ,9 7 2
K.
U .P itts.
.. eb.
2 0 .9 0 0
1 2 1 ,0 0 4
1 1 ,338
1stAwGkF
5 7 ,0 5 9
Kan.C. Sub. Belt 1e t w kFeb.
6.2 8 9
4.5 1 6
3 0 .9 0 6
L a test G ross E a rn in g s .
2 4 ,5 6 8
J a n . 1 to L a test D ate.
Keokuk A W est. 3d wk J an .
2 0 ,0 6 2
6.738
8,346
2 5 .0 3 8
H o ads.
L. E rie A ll & 8o. J a u u a r y ...
7.3 3 9
6.331
7.3 3 9
6 .3 3 1
W eek o r Mo 1896-97. ! 1895-96. 1896-97.
18 9 5 -9 6.
L. E rie A W est. 1st w kF eb.
6 3 ,1 4 0
3 1 4 .6 5 9
5 7 ,635
3 5 9 ,7 5 2
L ehigh A H u d .. J a n u a r y ...
2 6 ,4 7 7
3 0 ,5 9 9
2 6 .4 7 7
3 0 .5 9 9
21.111
1 3 ,7 47
16 6 .0 8 0
1 7 ,7 3 0
1 9 6 ,5 4 7
A d iron d ack ........D ecem b er.
1 7 5 ,4 7 1
2 0 ,7 6 8
2 0 1 .2 2 9 L ex ’g to n A E a st. O ctober. ..
2 0 0 .4 6 8 2 05.961
20 0 .4 0 8
4 3 ,1 4 6
1 3 2 ,2 5 )
A la. Gt. S o u th ., tth wk Jan
2 0 5 ,9 6 1
3 9 ,8 2 5
1 2 4 ,6 9 7 L ong I s la n d ___ J a n u a r y ...
7 .7 3 6
4.7 3 8
4.7 3 9
6 4 0 ,3 5 6
7,7 3 6
5 7 .2 4 7
5 1 ,2 4 9
A la. M idland . . . D ecem b er.
5 5 7 ,7 6 7 Los A ng. Term J a n u a r y ...
L ou is.E v.A S t.L Ist w kFeb.
2 4 .708
2 4 ,7 6 8
12 5 .1 6 5
A la. N. O .T ex. A Pac. J a n e
1 3 4 ,5 6 8
1 3 ,8 4 0
3 5 ,3 3 4
11,548
2 7 .0 0 0
4 9 .0 0 0
5 1 .0 0 0 L o u .H en .A 8t.L . 4th w k Jan
2 7 .0 0 0
N. Orl. & N . E. 2d w k Jan.
3 5 ,1 1 0
11.0 0 0
2 0 .0 0 0
1 1 .0 0 0
A la. & V icksb. 2d w k Jan.
2 1 .0 0 0 L ou isv.A N ashv. it h wk Jau 49 7 .8 7 5 5 7 2 ,2 0 7 1 ,6 0 7 ,0 4 5 1 ,6 8 8 ,5 3 7
5 8 ,404
2 ,2 0 9 ,4 0 9 2 ,2 7 2 ,6 4 2
73 ,7 8
8 ,0 0 0
10.00O
1 8 .0 0 0
V icks. 8h. A P. 2d wk J a n .
16 0 0 0 L ouis.N .A .A C h. id w k Sept
5 ,5 0 0
7.2 9 0
5,5 0 0
7 ,2 9 0
A lle g h e n y V a l.. D ecem b er. 1 9 9 ,3 2 6 2 1 3 ,4 4 6 2 ,3 4 1 ,6 1 4 2 ,5 6 9 ,0 8 3 M acon A B irin. J a n u a r y ...
M
a
n
istiq
u
e
........
1
0
,123
l
l
,
i
9
4
1 0 ,’ 23
J
a
n
u
a
r
y
...
2 3 .0 6 9
1 1 6 ,4 0 0
A n n A rb or..........1st w kF eb.
20,6 2 9
1 1 ,1 9 4
1 0 6 ,1 7 8
2 1 ,8 3 4
6 4 ,733
2 8 ,3 7 8
13,814
A rk. M id la n d ... N ovem ber.
8,1 6 8
7 4 ,9 2 6
8 4 ,0 6 8
9 7 .8 4 9 Mem phis AC lias 3d wk Jau .
1 ,3 2 1 .4 5 6 1 ,0 2 3 ,6 5 6
A tch . T. & 8. Fe. D ecem b er. 2 ,8 5 2 ,0 1 2 ,7 6 6 .0 2 8 2 9 ,7 7 7 ,4 0 1 2 8 ,8 6 2 ,1 3 8 ’►Mexican C ent.. s t w kFeb. 2 5 0 .8 5 0 2 0 2 , 9
A tla n ta A Char N ovem ber. 1 6 3 ,7 2 4 2 1 3 ,8 4 4 1 ,4 4 7 ,3 8 5 1 ,5 5 0 ,9 2 3 M exican In ter’l. N ovem ber. 2 5 5 .3 3 4 2 3 1 ,6 1 0 2 ,6 6 7 ,0 9 7 2 ,3 7 8 ,6 6 9
I
M
ex.
N
atiou
al
1
0
7
,5
4
9
8
5
,075
3.537
5 .6 I
4 9 7 ,7 2 6
1st
w
kF
eb
.
A tl. K nox. A No. 4th wk Jan
19 O 0
4 8 9 ,4 6 4
22 145
5 4 ,104
3 6 ,8 9 7
6 5 ,8 4 0
0 6 2 .0 0 8
52 ,6 1
A tla n ta A W. P. N ovem ber.
4 7 9 ,2 1 6
4 4 8 ,4 9 3 M ex. N orthern N ovem ber.
6 2 4 ,7 7 8
t
M
exican
R’way
7
2
.5
0
0
6
0
,5
0
0
7 ,7 3 9
2 1 1 ,0 0 0
W
k.5an.23
A tla n . A D a u v .. 4th wk J a n
10,1 5 0
3 8 ,1 2 8
1 7 7 ,5 0 0
3 9 ,8 61
1 1 ,780
3 0 9 ,3 7 2 2 9 7 ,5 9 5 3 ,5 2 5 ,4 3 6 3 ,5 6 9 ,0 5 2 M exican S o ........ 3d wk J an.
31,fc64
9.448
A tla n tic & P a c .. D ecem ber
2 7 ,2 3 1
1 0 ,589
9 ,6 6 3
7,7 1 9
A u g u sta s o u t’n. D ecem b er.
7,79,
80,7 3 7
6 0 ,3 2 6 M iddle Ga. A Atl N ovem ber.
M inneap.A St.L . 1st w kF eb .
3 4 .5 8 2
3 4 ,9 8 7
28 ,2 6 5
1 6 0 .6 6 0
A u stin A N ’ west N ovem ber.
2 0 ,3 0 6
1 8 0 ,4 6 0
St.P .A S.St.M
7 6 ,597
6 0 ,4 4 5
2 3 ,7 o 0
1 9 3 .5 1 4
ith wk J an
B alc.C h es.A A tl J a n u a r y ...
2 6 .1 0 0
2 4 2 ,6 4 2
2 3 ,7 0 0
2 6 ,1 0 0 M.
B a lt. A O h io __ D ecem b er. 2 ,1 6 8 ,3 8 4 2 ,0 6 1 ,0 4 0 2 4 ,7 1 5 .6 9 3 2 3 ,4 7 0 ,5 0 3 Mo. Kan. A T ex 1st w kF eb. 2 3 0 ,9 8 4 2 2 8 .2 5 6 1 ,1 9 0 ,5 3 6 1 ,2 4 4 .9 4 7
M
o.
Pac.
A
I
ro
u
M
3
4
8
,Oo
B al. A O . Sou’w I s tw k F e b
3
8
4
,0
0
0
1 1 1 ,841
2
,1
2 1 ,0 0 0 2 .1 4 7 .0 0 0
1
st
w
kF
eb
.
5 ^ 2 ,1 3 2
1 1 1 ,8 0 0
6 0 7 ,9 51
C entral B r’ch. 1st w kF eb .
8,00t
24.001
103.00b
B an gor A A roost N ovem ber.
6 1 .4 0 8
5 6 ,7 4 9
7 1 ,0 0 0
6 5 8 ,8 2 8
6 7 6 ,4 0 0
T o ta l............. D t w kF eb. 4 0 8 ,00<
356,00< 2 ,2 2 4 ,0 0 0 2 .2 1 8 .0 0 0
3,101
B a th A H a m ’nds D ecem b er.
3,3 7 3
3 8 ,6 7 6
3 5 ,6 5 3
2 0 ,2> 3
7 ,8 9 0
5,7 0 0
B ir. A A tla n tic . J a n u a r y ...
1,4 6 5
1,465
2 .1 2 9
1 7 ,373
2,1 29 M obile A Birin. 3d wk Jau.
299,921
32 3 ,7 7 1
B ru n sw ’kAVVesx D ecem ber.
4 8 ,0 0 8
4 9 ,2 6 2
2 9 9 .9 2 1
6 0 1 ,1 2 5
5 3 2 .0 0 9 M obile A Ohio. J a n u a r y ... 32 3 ,7 7 1
9 7 .844
9 7 .2 8 5 1 ,0 3 3 ,0 2 4 1 ,1 2 4 ,6 5 8
5 9 ,1 4 5
Buff. Booh. A P it i I stw k F e b .
3 0 5 ,4 4 <
5 4 ,5 6 5
3 1 0 .4 8 0 M out.A M ex.G U N ovem ber
4 9 .0 0 4
Buffalo A S u sa .. N ovem ber.
42 ,3 4 7
4 9 3 ,0 5 9
3 9 3 .4 51 N a sh .C li.A S t.L D ecem b er. 4 3 3 ,8 9 9 458.291 5 .0 0 4 .9 1 3 4 ,8 7 1 ,8 6 3
4 ,3 0 2
Bur.C. Rap. A N . 4th wk Jan
9,0 8 9
9 5 ,5 0 9 1 3 5 .3 5 3
2 9 9 ,1 0 7
3 9 2 ,7 0 7 N el. A F t. Sh’p ’u D ecem b er.
2 .7 3 7
C anadianP acitlc I stw k F e b . 3 3 2 .0 0
4.4 9 9
3 7 .2 3 8
3 5 3 ,0 0
1 ,6 4 5 ,0 0 0 1 ,8 2 7 ,7 9 8 N ev a d a Central. D ecem b er.
3 0 ,2 5 6
Oar. M id la n d ... D ecem b er.
4,0 8 8
4 ,7 4 4
5 9 ,4 4 8
51,0 71 N . Y .C . A H. R . J a n u a r y ... 3 ,1 3 9 ,9 4 2 3 .4 7 7 .9 6 6 3 ,1 3 9 ,9 4 2 3 ,4 7 7 ,9 6 6
C ent, o f G eorgia D ecem b er
5 6 ,3 3 5
3 0 3 .2 2 5
4 3 ,8 8 9
5 5 5 ,7 2 7 5 7 4 ,2 1 7 5 .2 2 0 ,7 3 1 5 ,1 4 0 ,9 2 2 N. Y. Out. A W. 1st w sF c b
3 1 6 ,1 4 9
N .Y .Susq. A W. D ecem b er
O cean S.S. Co. D ecem ber.
1 95,697 2 ,2 7 1 .5 6 7 2 ,2 6 4 ,0 1 8
2 0 3 ,8 1 5
16 8 ,657
1 7 1 ,6 1 0
N orfolk A West. 4th wk J au 1 7 7 ,0 3 7
2 15.353
T o ta l..............D ecem ber.
7 2 4 ,3 8 4 7 4 5 .8 5 7
8 3 2 ,9 2 6
8 8 7 ,9 6 6
C entral of N. J . N ovem ber. 1,148,621 i,279,6*<4 1 1 ,6 3 4 .3 5 5 j1 2 ,0 4 5 ,4 7 4 N orthes’n (G a .). N ovem ber.
5,4 7 3
69 680
7,648
4 7 .9 5 6
C entral P a cilic. N ovem ber 1 ,0 69,44 m 1 ,1 33.790 1* ,5 0 8 ,3 4 1 1 2 ,0 0 8 ,7 6 6 N orth'u C eutial D ecem b er. 5 2 0 .1 2 0 5 5 9 ,1 8 4 6,286,«U 2 0 ,5 0 0 ,0 2 8
Chari. Cl. A su t. N ovem ber.
3,5 9 5
9 3 6 ,4 0 6 1,163 ,9 2 3
4.045
4 9 ,7 8 0
4 3 ,8 9 6 N orth’u P acilic 4th wk J a n 2 8 7 ,4 9 0 43 6 .3 9 *
Charleat’n A Sav. D ecem b er.
3 .4 3 2
2.6 8 9
4 8 .4 3 3
3 6 .509
45.5 0 1
5 3 6 .5 8 9
5 2 2 .9 2 7 O conee A West D ecem b er.
2 9 ,3 4 4
Ohes. A O hio___I stw k F e b .
1 6 ,152
8 4 .3 1 0
1 6 ,817
1 8 3 ,0 2 9 1 9 5 .3 7 7 1 .0 8 3 .5 0 3 1 ,1 3 5 ,5 0 2 Ohio R iv e r ......... Istw k F e b .
92 571
Chic. Bur. A O.tf D ecem b er 2 ,9 3 5 .0 5 2 2.921.801 3 4 ,1 7 6 ,4 5 6 3 3 ,6 5 8 ,2 7 0 O liio R iv .A C h a - J a n u a r y ...
18.583
1 5 .259
1 5 ,259
1 8 ,5 8 3
Chic. A E ast. 111. 1st wk Feb.
4 2 ,9 2 4
87,001
4 2 ,924
6 6 .5 1 8
70,0 8 4
4 2 5 ,3 7 9
6 6 ,518
4 3 1 ,5 0 6 Ohio S o u th e r n .. J a n u a r y ...
Chic. Gt. W est’u Istw k F eb ,
3 1 .5 8 4
22,:.83
96.2 0 9
30 9 ,0 5 5
4 1 3 ,2 3 7
N ovem ber.
3 3 4 ,2 4 4
7©,878
4 3 7 ,0 3 1 Ohio V alley
O h io.M il.A S t.P . I stw k F e b . 5 2 8 ,1 3 4 5 2 1 ,8 4 0 2 ,5 3 3 ,* 8 1 2 ,8 5 1 .4 6 2 Oregon Imp. Co. N ovem ber. 2 6 0 .7 3 0 2 7 1 ,9 8 0 2.9© 1,293 2 ,9 8 1 ,3 0 7
Chic. A N 'th w ’n . D ecem ber. 2 ,3 8 5 .1 8 2 ,6 1 4 .7 8 6 3 2 .1 1 5 ,8 9 7 3 1 ,5 0 3 ,3 9 8 O reg.K K .A N av. J a n u a r y ... 2 9 7 ,2 5 3 3 7 2 ,9 3 8
29 7 ,2 5 3
3 7 2 ,9 3 8
Ohio. A No. P a c . D ecem b er.
6 5 ,3 9 5
66.60b
£ 1 3 ,7 9 5
7 6 9 ,3 5 5 Paul do Mall........ D ecem ber. 3 8 8 ,8 8 0 3 7 8 ,6 5 i 3,96 8 .5 0 4 4 ,3 6 6 ,0 3 2
C hio.P eo.A S t.L . J a n u a r y ...
63.961
75,051
6 3 .8 6 1
7 5 ,o 5 l P e n n sy lv a n ia .;. D ecem b er. 5,19 2 ,3 0 4 5.63 9 ,6 0 4 6 2 ,0 9 6 ,5 7 7 6 4 ,6 2 7 ,1 7 7
Ohic.R ’k I . A P .. J a n u a r y ... 1 ,0 2 0 .8 0 6 1 ,1 82.884 l,0 2 0 .a 0 6 1 ,1 * 2 .8 8 4 PeoriaD eo.A E v. 1st w kF eb.
1 5 .419
8 6 ,142
13,371
9 0 ,9 2 4
Ohio.St.P.M.&O.- D ecem b er. 6 5 9 ,9 5 3 6 5 9 ,1 2 5 8 ,1 5 6 ,1 9 2 7 ,5 0 8 ,7 6 2 P etersb u rg......... N ovem ber.
4 2 ,3 4 6
50© ,9*7
4 5 .8 z 9
4 9 8 ,7 4 7
Phila.
A
E
r
ie
..
..
Chic. A W. M ich. 4th wk Jan
45
0
,9
7
2
4
7
6
,5
9
6
2 8 .0 0 0
4
.1
6
1
,1
7
7
34,9 9 1
N
ovem
ber.
4
,0
3
7 ,1 3 9
9 4 ,2 8 9
1 0 6 ,9 1 3
Phila. A R ead ... D e c e m b e r .!1 ,7 7 7 .4 4 5 1 8 9 3 .6 0 8
Choc. Ok. A G u ll D ecem b er. 1 4 5 .3 0 0 1 0 5 ,9 6 6
C
oal
A
I
t
.
C
o..
Oln-Ga. A Ports. J a n u a r y ...
2
,2
1
6
358
D
ecem
b
er.
1
7
7
0
•
9
s
4.0 5 8
4.6 0 2
4.6 0 2
4 .0 5 8
Tot. both Co’s. D ecem b er. 3 ,5 4 8 143 4 .1 0 9 .9 6 6
O in.Jack.A Mac 4th wk J a n
15,643
1 8 ,1 2 5
5 2 .7 6 1
5 1 .8 5 0
Cin. N.O. A T. P. Ja n u a ry
2 6 3 .3 0 0 2 7 6 ,5 0 2
6 2 .598
6 8 7 ,4 1 8
7 6 8 ,9 6 3
5 5 .1 2 6
!03.3O >
2 7 6 ,5 0 2 Pk. Read. A N .E . D ecem b er. |
Cin- P orts. A V. J a n u a r y ...
17,6 5 2
21.5 5 3
17 .6 5 2
2 1 ,5 5 3 P itts. C.C. A St.L. | j >ecember. 1 ,1 4 7 .4 3 0 1,36 7 .9 6 5 14,304.934 1 5 ,4 8 3 ,3 7 3
C lev.C an. A S o .. it n w k J a u
3.821
3.4 25
3
.8
2
1
12,4 5 6
14,1 8 4
3 .4 2 5
~
41 .5 6 ^
4 4 .8 9 4 P ltts.L isb.A W 'n J a n u a r y .. I
OLCin.Ch.ASt.L 4th w k Jan 3 5 2 .8 5 9 3 3 9 ,1 5 7 1 ,0 5 2 ,1 3 3 1 ,1 0 2 ,2 6 0 P itts. Sh. A L .E . 3d w s j‘anJ
7 ,6 6 6
2 2,648
1 2 ,892
3 0 ,0 8 4
P eo. A E ast’n D ecem ber. 150,321
120,744
2 4 .147
13 5 ,9 2 0
1 5 1 .0 5 7 1 ,7 0 3 ,5 4 4 1 ,9 7 1 .1 5 9 Pittsb. A Wes’u .J is t w k F eb .1 2 1 .9 2 3
OLLor. <s vVheeL 4th w k J a n
2 7 .0 0 4
5 8 ,553
13,4*6
11.237
P itts. CLAToL 1st w kFeb.
3 2 ,5 6 7
0 9 ,953
8 2 ,6 9 5
9 3 ,3 6 4
Col. M idland.........J a n u a ry ... 1 2 8 .708 1 5 1 ,6 3 0
P itts. Pa. A F . 1st w k F eb .1
2.335
1 5 ,358
2.9 3 8
1 4 ,0 0 4
15 L.630
1 2 8 .7 0 8
Ooi. H . V. a Toi. 1st w kF eb .
T otal sy stem . J l s t w k F eb .1 3 6 ,0 9 8
4 5 .9 8 8
1 9 1 ,0 5 5
3 9 ,918
2 1 9 ,8 7 7
4 3 .1 5 3
2 2 4 ,0 8 5
2 4 5 ,7 8 7
Col. A Red >1ou u t D ecem b er
P itt Y oiiug.A A . D ecem ber.
7 2 .1 2 0 1 03.899 1,388,20* 1 ,7 3 0 .0 0 2
4 ,0 9 9
Col. S an d’v A ti J a n u ary.
6 1 ,4 4 4
2 1 ,2 2 0
23.387
2 1 .2 2 0
6 0 ,2 1 9
2 3 .3 8 7
0 0 ,2 1 9 Q uincy O.iE K.C. J a u u a r y ...
6 1 ,4 4 4
C olusa A Lake J a n u a ry ..
695,1 94
5 2 ,6 3 4
1,250
5 6 ,8 5 8
7 2 8 ,4 4 2
900
9 0 0 R ich.F r'ksb A P. D ecem b er.
1 ,2 5 0
C r y s ta l................ D ecem b er.
564
3 1 3 ,4 0 3
Rich. A P etersb . N ovem ber.
2 8 .7 5 5
2 5 ,3 4 6
3 1 2 .9 5 9
1 ,0 8 7
O um bT d V alley N ovem ber.
6 0 ,7 3 4
31.791
5 ,4 9 6
7,6 8 8
4 3 ,9 9 8
7 * 0 .0 »l
7 1 .1 0 3
7 8 L i 93 R io Gr. South’n . 1st w kFeb.
D en v. A Rio Gr. 1 st w kF eb. 1 1 2 ,2 0 0 1 1 8 ,9 0 0
2 0 3 ,5 5 0
2 6 .7 0 0
2 7 ,9 0 0
1 8 7 ,0 0 0
5 3 9 ,0 0 0
6 6 6 ,3 0 0 Rio Gr’de W est. 1st w kF eb.
Dea M. A K an.U 3d wk an.
2.6 9 8
©2,149
11.353
1 1 ,187
8 5 .3 4 1
1,7 8 9
5 ,3 6 7 Sag.T uscolaA H . S ep teiu b ’r.
7 ,8 4 5
D es.M . N. a W J a n u a r y ...
2 9 7 ,8 4 7
2 0 ,563
2 5 ,5 0 0
2 9 .0 4 8
2 7 6 ,6 9 1
3 5 .2 1 3
3 5 ,2 1 3 St.L . Oh.A S t.P . D ecem b er.
2 9 ,0 4 8
D e t. G. Rap. AW. 4th wk J a n
2 3 .5 • 6 2 3 .5 3 3
4 190
5.900,
5 ,s 0 0
4, L90
8 0 ,6 1 4
7 5 ,7 8 4 S t.L .K eu ’etA So. J a n u a r y ...
D e t.A Maokiua* D ecem ber
23.9 5 9
4 9 5 ,4 7 0 50 2 ,0 1 2 0,099^4081 6,005',943
2 6 .8 7 7
4 0 0 ,8 1 2
3 6 3 ,2 '0 S t.L ,A 3an Frau D ecem b er
D ulu thS.S.A A tl. 4th wk Jan
3 0 .4 0 4
158,00
12 9 .7 0 0
3 9 5 .8 0 0 |
4 * 8 ,2 5 0
4 8 ,5 7 7
9 7 .5 3 3
1 3 2 ,8 1 0 »t.L. Sou thw est u li wk J a n
E lg ln Jol.A E a « t J a n u a r y ...
7 6 .0 2 m 1 0 6 .96a
90 025
9 0 .0 3 5
9 0 035
9 0 625
7 6 .0 2 9
1 0 6 ,9 6 6 St. P au l A D ul. J a u u a r y ...
E r ie ....................... D ecem b er. 2 ,5 3 5 ,6 LI 2 ,5 6 4 ,4 3 5 3 1 ,0 9 9 .5 6 9 3 0 ,6 7 9 ,8 3 0 San A nt. A A. P D ecem ber
2 1 8 .2 7 3 1 77,759 2 ,1 1 7 ,2 9 0 1 ,9 7 1 ,8 2 8
E urek a Springs. N ovem ber.
4 'j,3 o i
4 ,6 75
4 5 .0 5 0
45.050,
3 ,9 4 l
4 6 301
5.<57
7 ,9u‘>7
2 7 San Fran. A N.P. January...
5 5 ,6 7 3
E van s. A 1nd’plis 4th w k J a n
6 .6 9 6 8.0 2 5
2 9 8 .9 8 8 2 9 L.563 3 .4 1 7 ,4 7 7 3 ,3 7 2 8 32
2 6 ,4 3 7 8a v. F la. A W est Decern tier
2 0 ,0 1 5
E v a n s. A R ich .. 4th wk Jan
11,724
2 7 ,2 6 1
9 ,2 4 9
1,107
1,892
2 9 ,5 3 0
4 .1 2 4
6,1 6 1 Slier. Shrev.ASo. Uh w k J a n
E van sv. A T. H Uli wk Jan
2 4 .7 8 4
3 1 ,2 9 0
9 8 ,3 0 0 Seab’rd A ir L ine S ep tem b ’r. 3 3 4 ,8 7 6 2 5 6 ,7 3 0
8 1 ,6 4 5
Fitchburg........... D ecem ber. 5 9 4 .971 6 4 8 .561 7 ,3 3 8 .6 0 7 7 ,4 2 9 .9 5 4 811. Sprs. O. A G D ecem ber.
1 4 .173
188,264'
10,598
1 7 2 801
F lin t. A P.Marq. 4th wk Jan
12.471
6 4 ,5 9 4
3 .5 5 4
5 2 ,2 6 0
82.7 4 9
2 2 9 .1 3 3 S ilv e r t o n ............ D ecem ber.
2 0 1 ,0 2 5
7 7 ,1 4 0
F la.C en t. A Pen ith wk Jan
52.7 1 1
1,179
1.923
27,787;
1 9 ,6 4 4
4 8 ,1 0 7
1 5 7 ,5 8 3 So. H aven A E asi D ecem b er.
1 7 7 ,0 6 5
F t. W’thADeo.(J, ith wk Jan
1 7 ,6 3 9
2 0 ,7 8 0
7 4 ,6 0 1 S o .P a o liic Co.
7 5 ,8 7 7
Ft. W. A Rio G r _______
J anu ary
5
0
7
,1
9
0
26,4 4 1
4
6
3
,1
3
1
G
al.H
ar.A
8.
A
4
,6
4
3
.1
8
8
4
.3
5
8 ,4 6 7
N
ovem
ber.
2 6 , *41
3 7 ,8 1 9
3 7 ,8 1 9
Gads. A A tt. U J a n u a ry ...
L ouis’a. West Novem ber.
11 2 ,0 <8
8 6 ,1 1 5
697
8 3 0 815
9 9 6 ,6 5 3
963
963
637:
G eorgia R R ........it h w k J a n
613,241
Morg
fcn'sLAT
4 5 .9 1 0
7
0
1
.3
7
a
4
69
6
,3
5
3
N
ovem
ber.
5
,3
2
7
,7 7 2
5 2 .3 9 9
1 5 4 ,2 8 4
1 4 4 ,9 8 0
Georgia A A la .. 4th wk J ail
N .Y . T. A Mex N ovem ber.
17,991
4 0 ,06o
25 9 ,4 6 2
23.9 8 8
2 1 5 ,6 7 4
15,444;
5 2 ,5 6 2
8 8 ,0 7 8
Ga.Oar*la A No. Novem ber.
T ex. A N. O rl.. N ovem ber. 130,671
90 ,6 4 8
1 4 0 ,1 4 . 1 ,2 3 7 ,3 8 4 1 4 9 6 ,3 8 6
1 0 1 .4 2 6
Geo. So, A F la ..i Jan n a r y ...
A ti. P rop ’te s .i N ovem ber. f 18 2 0 8 3 2 7184 0 4 7 2 f 4 5 2 2 * 2 4 1 7 1 6 1 91825
7 8 ,8 1 7
7 8 .8 1 7
8 6 ,1 4 6
8 6 .1 4 6
Rttp. A l u d . . 4tb wk J an
Paotffo system N ovem ber. 2 .6 8 2 ,9 7 0 2,9 1 5 7l9j 29 118 918 2 9 .8 9 8 ,3 2 6
4 1 ,7 7 9
5 6 ,. 72
1 5 4 .1 1 4
1 2 9 ,2 1 8
Cin. R. A Ft. W it h wk Jail!
T otal o f all./ November. 4 ,5 0 3 f80z 4,75 6 ,1 9 1 4 4 ,3 4 2 159 4 6 ,0 9 0 ,1 5 1
8,6 3 4
12,433!
3 3 ,1 4 3
27,937!
T raverse City Itli wk J a n 1
So.
Pao. o f Cal November. 79J, L8 j 9 2 7,165 9 .0 8 2 ,9 9 0 9 ,5 8 1 ,9 8 5
742
1,508!
4,4 47
2,195;
M us. O. R, A I. 4th wk J an
So.P ao.ofA riz N ovem ber. 2 14 633 2 1 6 ,0 6 0 2,000.79*1 2' ,0 7............
2 ,2 2 7
9 ,6 5 2
3,0*4j
3 ,4 9 1
7 .3 6 6
Tot. all Lines 4th wk Jan
So.Pao.ofN
.M No vein ber. 1 00 841
53 .3 8 2
103,©74 1 ,0 4 1 ,6 6 3
7 4.297:
9 94.289
1 6 6 ,7 1 6
2 0 1 ,3 5 6
Grand T runk.
4th wk Jan 4 1 3 ,7 1 6 4 5 5 .6 3 9 1 ,3 1 3 ,7 7 8
N orthern R y.. N ovem ber, 19 3,717 1 9 1 .3 8 4 2,03 L.007 1 ,8 4 0 ,1 9 1
•
Ohio. A Ur. Tr. tth wk Jan
4 9 3 ,7 7 0 5 1 2 ,7 1 4 1 ,5 7 1 .1 6 8 1 ,6 4 4 ,0 7 6
7 4 .8 6 2
2 6 7 ,9 7 7 Southern R y ___ tth wk Jan
8 4 ,0 6 4
2 1 0 ,3 2 9
DeLG r.H .A M . ith wk Jan
4 3 .2 0 0
2 2 ,1 3 6
27, 93
4 3 9 .7 5 9
7 1 ,7 7 5 Sp ok.F ’ls A Nor D ecem ber.
2 8 1 ,4 4 2
2 1 ,9 6 8 1
7 4 .3 0 5
Oin. 8ag.AMa< ith wk Jail
S
taten
I.
Rap.
Tr
2,351
1
0
,3
2
9
*eptem b’r. 1 0 3 ,9 1 5 13 5 .9 8 7
9 1 4 3 94
3,416!
9 4 6 ,5 0 0
7,8 5 4
T ol.8. A Musk ith wk Jan
1 481
1.460
2 ,0 7 2
5,1 1 3 Sto uy Cl. A C.Mt D ecem ber.
4 0 0 23
4 2 ,5 7 1
6.835,
1,573
G reat N orth’u—
8 5 ,0*4
9 1 .2 7 4
9 6 3 .2 9 9 1,15 1 ,1 3 1
Su m m it B ranch D ecem ber,
St. P. M. a M J a n u a ry ... 7 8 8 ,4 2 2 8 5 2 .4 1 5
L yk. Val. <;oai lecem bor.
8 5 2 ,4 1 5
7 7 ,9 0 ;!
8 3 ,4 9 9
78 8 .4 2 2 ,
8 8 5 ,* 0 5
7 6 8 .6 0 7
E a st of .vf mu, ,J a n u a r y ...
T o t’l both Co’,* D ecem b er- 168 583 1 6 >,181 1 ,8 4 9 ,1 0 4 1 ,9 1 9 ,6 3 8
9 4 ,8 7 2 105,169!
1 0 5 ,4 6 9
9 4 ,8 7 2
M ontanaO ent J a n u a r y ...
1 4 8 ,121 m
7 .5 o4*
5 0 15
1 5 4 ,5 9 7 T ex a s C e n tr a l.
154,| »97|
iu wk J a u
1 9 ,4 1 4
118,121
2 2 .018
T ot. system J a n u a r y ... 1,03 1 .4 1 5 1,112.481 1 ,0 3 1 ,4 1 5 L 1 1 2 ,4 8 1 T ex a s A P a c lflc 1st wkFeb. 1 17.817 1 17,109
7 3 1 ,8 0 4
72 1 ,6 0 1
G ulf A C hicago .1anuary.
3 4541
2,8 9 4
2,9 7 4 T ex .S . V . a N.W f a n u a r y ...
3 ,3 5 0
2,9 7 4
2.-<-4
3,350;
3 ,4 5 4
CPlf B'lnnLVK.C.J anuary.
2 0 .4 8 V
3 2 .5 2 1
6,4 6 3 T ol.A O h ioC en t. 1s t w kFeb.
___8 .1 1 3
6,4 0 3
1 71,642
8 ,1 4 3
1 *’9,8 4 3
THE
*324
J a n . I to C a u n Dale,
l a lett D ra ft E a rn in g s
.
1896-97
T&J.T. * W w t.i is ljw k J a n ,
T o t (it. L.A K, 0 1*1 » 't IV b.
■#
I
20,403
44.T53
#
20.305
33 013
Vfstmr A IM li#.
4,ih ip*** o f J a n u a ry .
1895-96.
$
89,495
188.548
319.153
«
1
71.093
017.190
313.002
[ vox*, Lxrv.
C H R O N IC L E
Bhermua fsliravc. A- 8 o ...
Texas Central..................
Toledo Poona a Wcst'n..
West, N. Y. a Peunsylv
1897.
$
9,240
5,045
20.40.1
53,200
1896.
11,725
7,50 l
50.305
03,20
In crea se.
D ecrea se,
*
§
- - 1, 98
... ..
io .o o o
2,176
2 ,4 5 9
Alulon Pwelfte ~ :
7,990,154 8,811,136 ” 217,699
Total ‘ 78 roads. ...
13u, l‘m. I S . Sarumtn-t, 1,303,337 1,3(12.81 4 13,200.698 13.193,860
dU*3W**** 19*62 f». «.>*♦
850.982
500.741*. 5*405,28 i 4.923,120
OT.0.U+V. S, N o , miier.
49,903
73,21.0
10.990
M J to .A G ill- lib wfcJttn
23,054
03,000
79,000
Net, Karri Inga H outtily t*> L a test D ates,— !’ he table fo llo w
2 1 .0**0
!*’ HtVl'll. ■ iUl'WA 4*111 35,000
249,000 in g show's the net earnings o f S t e am railroads reported this
301,465
27..51 A'
1 . I N*'*vt*u*.t‘*’T.
31,141
b ob . I i * v
547,915 week. A full detailed statem en t, in clu d in g all roads from
697,173
75,M>S- 7W438
Ooa»Sf.So m r lw «,*•.*4 Nonna ,l*<*r., 3.171,184 4.187,094 20.962,643 20.411.753 w hich m on th ly returns can be obtain ed is given o n ce a m onth
8 , f m\ » . A a ,.,' SoTowbfr.- 312,005 31H.54S 2.829,12* 2.8*0,324 in these columns, and the latest statem ent o f this kind w ill
W«,”■***•. ... , >*! w|cFr»< •213,4‘Je 391,0 42 1.019.483 1.17-*, 447 be fou n d in the CHRONICLE o f Janu ary 28. 1387,
T h e n ex t
215.000
St,t36
243,1.-3
20*453
W w o A N >rto - No w n her.
will appear tu the issue o f F ebru ary 20, 1897.
..
W,Jersey
Devon;tier. X53,i l l
,-----Gross E a rn in g s . ------------ tYel E a rn in g s . -----93,547
98,10ft 1.161,773 1,121.705
VT, V O n .A (n u - D ecem ber
349,945
1896.
357,893
1896.
1895.
31,0*77
31.188
1895.
Wo*-. V*.A Pitt- November.
532,191
492,480
H ood s.
S
02,47.
61.46*
*
*
*
V c t r r n of \l% November.
211,300
63,200
199,178
8,536
5,345
Alabama
Midland....Deo.
57,247
51,249
i
53*3001
West s . y . a r » nh«rk.J«n
100.580
75.838
29.095
54.277
61.851
July 1 to Deo. 31......
336,219
320,047
» w * , .* u, b « » ita wkJau* 20,244
312,871 Balt.A Ohio Soutbw..Deo.
07.O1B
339.301
09,036
WCtMWUiCBM VsCWfcFeb,
5 4 6 ,2 9 1
545,708
171.718
183,395
85,728
92,964
8,406
8,213
W n u b 'sir.A Tea ;Deceit) her,
Jan. 1 to Deo. 31....... 6 ,1 4 7 ,6 3 3 6,4 48,065 1,904,227 2,278,474
........
5.731
6,130
York fonthe-to.'Ncveaiber989,610 1,255,444
July l to Deo. 3 1 .,... 3 ,1 40,039 3,450,796
............
Boston & Maine, b
Oot, 1 to Deo. 31...... 4,900,993 5.183,938 1,444,010 1,334,606
0alf Denver I.<.. Uili.- * <}oun!»ou. Montana Union and Leavenworth
Jan. 1 to Deo. 31.
19.716.374 19,155,843 5,696.066 5 ,5 4 7 ,2 1 9
■ torn, i l l . '! ................... ... " •I-U- - JI'
rr.it-s
s toeHida* oamlne* from tarries, ate.. not given separately, l Me*!- Brunswick A West ..Deo,
49,262
12,8 86
15,577
48,008
san cturrancT. e InolnJea only bait of tlnas in which Union Pacific has
301,409
289,478
July 1 to Deo. 31......
70,983
112,558
a 'id .' iV ri-rt
272,859
265,551
555.727
574.247
a Includes operation* o f the Ohio. Bnriumoit * Northern In both Cent. *>t Georgia, a..Deo.
■Tan. 1 to Deo. 31....... 5,220,731 5,140,922 1,730,509 1,378,622
years.
July 1 to Deo. 31....... 2.900.158 2.950,309 1,126,4*9 1,131,184
Ojvt ra results for line* directly operated cast of Pittsburg.
t Include* r.-sult* on adlliatart Unas.
5
f Cover* beside* (he it ! iQtio System th •Houston <v Texas Central
Austin A Northwestern, Central Tax as .v Northwestern and Ft. Worth
A Sew Orleans.
1 Includes St. Louts Alton & Terre Haute for all periods.
Latest .ttrw s K d ru m g s h i W eek s,—T h e latest w eekly earnia»r.* in th e fo re g o in g are separately sum m ed up ae follow s :
For the first week o f F c b r u tr y ou r prelim in ary statem ent
co v e rs 3 1 roads. ami show s 3‘83 per cen t increase in the a g
g re g a te ever the sam e w eek la st y ea r.
1*1 week o f February.
Ann Arbor..............
Balt. & Ohio Southwest..
Budah* Koch. A PitWb’K
C anadian Pacific----Chesapeake A Ohio.
Ohloatto ,t East. IlHnoU.
Chicago Great Western..
Chicago Mtlw. A »t. Paul
Col. Seeking Val. t Tol.
Denver * Kid Grande— :t
Intern'l & Ot. North'n. ...
Iowa Central.................
Kanawhat Michigan..
Kan. City PltWb. t Gull
Kan. City Suburb. B e lt..
Lake Erie & Western—
L'tlUv. Evansv, 4 8 t h
Mexican Central...
M* Sloan National..
MJnnraipolU A 8t. Louts
Mo. Kansas4 Texas.,
Mo, Pacific A iron MS.
Central Branch......
H. Y. Ontario & Western;
Ohio R iver........... .
Peoria Deo. A .Evansv...
Pittsburg A- Western.....
ftlo Ore tide Southern . . .
Rio Grande Western.....
Texas A Pacific . . .
Toledo & Ohio Central,.
To!. HI. L. A Kan, City.,,
Wabash ..........................
Wlitt'oasui Contra!.., . . . .
1897.
*
23,009
111,841
59,14332.000
183,029
87,001
96,209
528,134
45,988
1 1 2 ,2 0 0
02,262
32,735
9.633
20,900
6.289
63,140
24,768
250,850
107,549
34,087
230,984
384.000
24,000
56.335
16,152
15.419
36,098
5.11)0
27,000
117,817
32,521
44*753
213,420
69,03c
1890
I n crea si.
D ecrease.
s
e
S'
2,441
41
4,580
2 0,6 28
111,800
54,565
353.000
195,377
70,084
78,878
521,840
43.133
118,900
«0,431
32,688
7.288
11.338
4.516
57,635
*24,708
202,896
85.075
34.582
228,256
318.000
16,917
17,331
6,194!
2,835
47
2,345
9,562
1,773
5,505
60
48,154
22,474
405
2,728
36,000
16,000!
12,446
8 ,0 0 0
43,889
10,817
13,371
39,918
7.C8S
20,700
2,048
1,200
28,483
33.013
•201,612:
67,018
3,4*35,606 3,275,086
Sat m
708
4,038
11,740!
11.784
2,018
241,474
190,580
'5’82 p. fit.
2 1 ,0 0 0
12,348
...........
6,700
4,169
•- T
........
665
3,820
2.192
........
...........
50,894
For the fourth week of January our final statement covers
7* ■•'i", ".’['.i *hr*w» 9*62 per cent decrease in the aggregate
over the same week last year.
<t#Aerorh o f J a nu a ry*
Provfif* reported (46 -*dg)
A tl. K nor villa A So’n ....
Bari. Ged. fo p , a North.;
CMc-xca G roat W estern .. f
Chile. A West Michigan...I
iSovw,, tiamtmt A foiith’a
01*v. Cl«. Chic. & 8 i.li..)
D ot 04. Rapid* A Wort . |
D ilath 8. ft. * Atlantic... 1
F.v.msv. A Riclmiolid,__ \
A Fete Maroust to. ;
Elia,
a Poninuttlay,. ;
Ft.Worth A Deliver City..
Georgia........... ................ i
Oram! Rapids A IndlAft*. t
Oteolnnatl K A Ft, W.
Traversm City____ __;
M tw k.O r, f o p . A l a d ,;
Oiand Trunic of fiastaila. |
Indiario Doeatnr A We»t.
Kao. iB ty Pt. 8 . A Mom..
. Kan. O n r M.oi. A BtMn.
;lKao,*aa City A O m aha..,:
id m im , i l r Oil. A rtt. I,.. ’
Mfiilcau Nailonai ........
Minn. 8t, r. A 8. 8te. M
Korthorn P» lOo..........
Rio Grand,- U'..*t,-rn—
St. Joseph A Gil. Island
1897.
1800,
-
*
I
5 ,8 0 6 .5 9 8 0,371,950
3,5171
85,508
102.841
28.000
12,4501
352,959'
23,510
30,404*
1,107
84,584!
52.711
17,889
13,010
41.779:
8,K34(
712;
2,227;
413,740!
ll.!>70!
9 3 .5 1 7
80,329
8,935
13,840.
113,573.
80,4*8
287,490
65,700
2 3 ,9 5 4
In crea se.
.
5.670'
135.353!
126.830!
34.1* *1
14,184’
339.157
23,533
4.8,577;
1.392
82,719;
1 - .107
20,780
52,309,
50,472
12,433
1,508
3,884
455,639
1 1.314
110.0(51
34.218
1,578
11,54.3
147,998
70,507
430.3*3
58.600
10,099
*
171,689
Decrease,
S
610,951
2,148
13,702
39,845
21,239
6,991
1,728
...... 17
4,004
18.173
785
18-155
3,141
14,693
5,257
2,292
7,100
12,956
3,799
766
1,657
41,893
2.338
16,544
3,919
34,425
18,152
148,903
Ocean St’mfiiip Co.Dec.
168,657
171,610
46,523
32.(317
July 1 to Dee. 31......
938,540 1,113,271
283,009
140.763
745,857
Total................... Dec.
724,384
319,382
293,163
Jo!}' i to Dec. 31 ... 3,888,637 4,063,580 1,207.257 1 ,4 1 4 ,4 9 4
Char. A savannah ..Deo.
48,433
45,501
11,813
14.942
July I to Dec. 3 ! ......
236,636
21.10 5
41,3 25
219,571
51,965
60,606
Chicago A Nor. Pac,. Deo,
65,395
47,632
J'an. 1 to Deo 31___
813,795
7 59,355
531,286
569,9 79
8,546
11,299
60,985
Din. Jack. A Mack.b,.Dec.
63,067
Jan. 1 to Dec, 31.......
707,087
637,391
90,101
101,183
Delaware & Hudson—
Renas. A Saratoga—
Oct. 1 to Deo 31.......
560,600
256,216
246,429
531,400
Jau. 1 to Dec. 31....... 2,303,887 2,326,842
822,727
827,533
N. Y. A Canada—
115,713
Oct. 1 to Deo. 3 1 .....
229,038
107,397
229,067
Jan. I to Dec. 31......
920,941
307,750
911,923
325,265
Albany & Saaq..—
639,991
Oot. 1 to Deo. 31____ 1.131,550 1,199,609
677,186
Jau. X to Dec. 31....... 4,169,45! 4,059,073 1,834,617 1.795.373
Del. Lack. & Western—
N. Y. Lack. A West.—
Oct. 1 to Dec. 31....... 2,351,111 2,907,672 1,289,831 1,761,667
Jau. 1 to Dec. 31....... 3,227,990 9,073,092 4,131,129 5,011,186
Syrae. Bing. & N. Y .—
Oot. 1 to Deo. 31. ...
220,137
82,211
94,408
238,133
930,270
Jan. 1 to Deo. 31. . . .
860,776
113,153
358,936
2,236
26,877
Detroit A M»ek’ o.a..Deo,
23,959
8.249
Jan. 1 to Deo. 3 l ___
400,812
134,314
119,704
383,220
July 1 to Dec. 31. . . .
142,410
19,523
25,497
176,174
36,330
4 2.397
75,704
Ed. El. 111. Co., Bklyu. Jan.
83,748
14,031
araailRan. Gas L.Oo. Jan......................................
14,173
17 76,953
1884,088
Illinois Central.. . a..Deo.12,104,066 t2 ,2 0 6 ,iol
,,
.■
, cto’*,« cto
Jau. 1 to Dec. 31...... 121626034121,814,347 16,087,402 17,127,151
July 1 to Deo 31. ...11,451,083 11,628,795 3,419,64? 4,206,246
118,639
Kau.C. Ft. S. A M.a.Doc.
337,360
382.490
116,728
Jau. 1 to Dec. 31..... 4,481,739 4,530,238 1,422,842 1,404.348
753,941
768,050
July 1 to Deo. 3 1..... 2,345,157 2,402,097
39,657
40,967
132,911
Kan. 0. Mem. & B .a.D ec.
125,156
186,0 24
Jan. 1 to Dee. 31..... 1,195,347 1,130.021
2 1 7 ,6 0 5
139,829
651,354
July 1 to Deo. 31......
657,053
203,675
47,028
46,719
163,043
Louis. Evans. A. St.L.Oet.
143,653
Jan. 1 to Oct. 31....... 1,286,603 1,214,233
307,908
366,319
Nawb. Dutchess & Conn,—
6,009
17,207
Oot. I to Dee. 31......
35,318
47,438
28,086
15,629
167,059
Jail. 1 to Deo, 31.....
138,368
N Y. N. H. & H artford Oot, 1 to Dee. 31....... 7,384,677 7,807,433 2 ,4 0 1 ,1 2 4 1,787,900
Jan. 1. to Deo. 31.......29,193,550 29,651,744 9,845*746 8,941,152
835,582
8 5 4 ,6 3 9
Phil a. A Reading___Doo, 1,777,445 1,893,608
C o a l* Iron C o .... .Deo. 1,770,698 2,216,388
35,313 def.14,371
889,952
821,211
Total both Cos........Deo. 3,548,143 4,109,966
8av, Fla. & W e s t. h ..Dae. 293,988
291,563
92,798
71,684
July 1 to Doc. 31....... 1,652,016
1,669,060 426,129 445,060
SllverSp. Oeala &G..Dco.
14,173
10,598
7.570
4,127
July l to Deo. 3 1 ....,
77,851
74,559
35,532
27,518
Western Gas Co.—
Ml 1waukee Gas-L. Co. Jan.
52,318
48,428
a Net earnings here given are ai ter deducting taxes,
b Net earnings here given ate before dedaoting taxes,
t Inolndes St. Louis Alton A Terre Haute.
In te re s t C h a rges a n d S u r p lu s ,— T h e fo llo w in g roads, in
add ition to th eir gross a n d net earn in gs g iv e n in th e fo re g o in g ,
also rep ort ch a rges fo r interest, & e., w ith th e surplus o r d e fic it
above o r b elow those ch a rges.
r - l n u r ’ t , ren ta ls, die.-* r -E a l. o f N et E a rn s.—
1896.
1895.
1890.
1895,
R oa d s.
0
8
$
8
Kan. C.Ft. 8. A M ...D ec.
116,793
115,337
1,846
1,391
July 1 to Deo. 31......
701,645
692,542
66,405
66,399
Kan. 0. Mem. &Blr..Dco.
16,507
13,866
24,360
25,791
July X to Deo. 31.......
99,042
83,203
104,633
50,026
HTICEET KAILWAVTS A N D T R A C T IO N C O M P A N IE S .
T he fo llo w in g table sh ow s th e g r o s s earn ings fo r the la te s t
period o f all s t r e e t ra ilw a ys fr o m w h ich w e a rc a ble to o b ta in
w eekly or m on th ly returns. T h e arra n gem en t o f th e table is
the sam e as that fo r th e steam roa d s—th at is, th e first t w o
colu m n s o f figureB g iv e the gross earnings fo r the latest
w eek or m on th , a nd th e last tw o colu m n s the earn ings fo r
THE CHRONICLE,
F f b k c a b y 13, 1897. j
<$he c a l e i d a r y e a r f r o m J a n u a r y 1 t o a n d i n c l u d i n g s u c h l a t e s t
w eek or m on th .
STREET
R A IL W A Y S
GRO 88
Earnings.
A k r o n B e if 'd d f c C le v .
A k r o n 8 t . Ry.tte III. C o
A m s te rd a m 9t. Ry
A n d e r s ’ i»3 t. K y .( £ n d .)
A t L C o n s o l. S t K y . . .
A t l a n t a R a i l w a y ........
B a lt i m o r e T r a c t i o n ..
B a tli 8 t R y . (N . Y.).
B a y C it ie s C o n s o l ___
B in g h a m t o n 8 t . R y ..
B r id g e p o r t T r a c tio n .
B r o c k to n C on . 8t. R y
B r ’k ly n R a p .T r . C o .—
B r o o k l y n H e ig h t s ..
B r’ k ly n Q u ’ n s & Su b
T o ta l fo r sy ste m
B n fla lo R y .....................
C h e s t e r T r a c t i o n ..
C h ic . <fe S o. S id e R T
C i t y E l e c . ( R o m e .G a .)
C le v e la n d E l e c t r i c
C o n s o l. T r a c t io n . N .J
D a n v . G a s E l. L ig h t &
S t r e e t R y .....................
D e n v e r C on. T ra m w .
D e t r o i t R y .......................
D u lu th S t. R y . .............
E r ie E le c . M o t o r C o . .
G a l v e s t o n C it y R y . .
H e r k im e r M o h a w k Ii*
i o n A F ’ k f o r t El. R y .
H o o s io k R v .....................
H o u s t o n E le c . St. K v .
I n t e r s t a t e C o n s o l, o f
N o r t h A t t l e b o r o ___
K in g s t o n C ity R y ........
L e h ig h T r a c t i o n ...........
IS i)
W e ek o r Mo 1 8 9 6 -7 . 1 8 8 5 -6 .
D ecem ber.
N ovem ber.
D ecem b er.
O c t o b e r . ..
D ecem b er.
D ecem b er.
D ecem b er.
D ecem b er.
D ecem b er.
D ecem b er.
J a n u a r y ..
D ecem b er.
C O M P A N IE S .
J a n . 1 to L a te s t D a te .
1 8 9 6 -7 .
1 8 9 5 -6 .
$
*
*
$
9 1 ,6 8 6
6 ,4 5 6
5 .7 8 2
1 6 8 ,7 3 3
1 6 ,1 8 0
1 9 1 ,2 7 :
15,67<
3 ,8 2 2
3 ,98S
4 9 ,1 7 8
4 6 ,6 5 5
3 ,3 0 9
4 ,6 6 5
29.25C " 6 2 ,8 4 8
3 6 8 ,7 1 5 * 4 7 4 ,1 1 2
6 .1 7 1
6 ,U 7
1 0 0 ,9 5 6 9 5 ,6 7 a 1 ,2 4 9 ,6 6 * 1 ,1 5 5 .8 8 2
2 0 .5 0 3
1 .4 8 1
1 ,5 8 7
2 0 ,8 4
7 ,2 0 2
9 0 ,5 5 3
7 ,0 7 8
8 8 ,8 7 1
1 2 6 ,8 9 1
1 4 4 ,7 4 7
1 2 ,4 3 2 1 0 .8 9 6
2 2 ,4 1 8
2 1 ,7 0 9
2 2 ,4 1 8 2 1 ,7 0 9
3 1 1 ,2 9 5
2 7 3 ,3 8 4
1 7 ,3 6 c
2 1 ,0 2 9
5 3 9 ,7 6 2
J a n u a r y .. . 3 3 9 ,7 6 2 3 3 3 ,6 4 3
3 3 3 ,6 4 3
5 3 ,1 2 8
J a n u a r y .. . 5 3 ,1 2 8 4 S .* 0 l
4 8 .8 0 1
3 * 2 ,8 9 0
3 8 2 .4 4 4
J a n u a r y .. . 3 9 2 ,8 9 0 3 8 2 ,4 - 4
L. 3 6 9 ,2 2 7 1 .3 2 7 ,7 7 4
D ecem b er.
2 6 6 ,3 1 2 4 ,5 7 1
D e c e m b e r . 1 4 ,9 7 7 1 4 ,2 1 9
7 0 4 ,6 4 1
7 4 2 ,0 9 2
D e e m b e r . 6 5 ,4 1 1 7 3 ,6 3 9
1 ,6 0 9
2 0 ,5 2 4
1 ,7 0 9
D ecem ber.
D e c e m b e r . 1 3 5 ,5 7 2 1 3 5 ,8 6 6 1 ,6 3 4 ,8 1 1 1 ,5 0 3 ,6 2 0
D ecem b er.
4 ,9 9 3
J a n u a r y .. . 4 7 ,2 1 9 5 1 ,4 2 2
4 7 ,2 1 9
5 1 ,4 2 2
3 1 9 ,6 3 4
N o v e m b e r . 2 1 ,8 6 3
2 2 ,3 1 6
3 5 8 ,0 6 4
S e p t e i n b ’r.
2 4 5 ,5 3 8 2 ,0 9 2 ,7 5 6 1 ,8 6 9 ,6 3 5
D ecem b er.
D ecem ber.
D ecem ber.
D ecem ber.
N ovem ber.
8 .8 4 ?
9 ,2 0 9
5 7 ,8 9 7 5 7 .1 9 4
3 4 ,0 4 2 1 4 7 ,3 9 9
1 7 ,7
1 6 ,2 5 5
1 1 ,3 1 7 1 2 ,5 3 4
lc ,6 3 2
1 5 ,8 4 8
D ecem b er.
D ecem b er.
D ecem ber.
3 ,7 6 5
5 -9
1 7 ,6 5 -
D ecem b er.
D ecem ber.
9 ,8 3 7
4 655
9 ,6 5 4
7 .6 8 5
2 9 ,0 9 4
2 7 .8 0 8
2 8 ,8 l z
4 .6 9 5
1 0 3 ,1 1 6
1 1 7 ,9 9 6
!5 ,1 6 0
D ecem b er.
D ecem b er.
4th w k J a n
1st w k J a n .
M o n t g o m e r y S t. R y
D ecem b er.
M on trea l S tr e e t R y ... D e ce m b e r .
N a s s a u E le c . ( B ’ k ly n ) D e c e m b e r .
N e w b u r g h E l e c t r i c . .. D e c e m b e r .
N e w E n g la n d S t .—
W i n c h e s t e r A v e .... D e c e m b e r .
P l y m ’ t h A K in g s t o n D e c e m b e r .
T o t a l .......................... D e c e m b e r .
O cto b e r. ..
N e w L o n d o n S t. R y . D e c e m b e r .
N e v O r le a n s T r a o t io r J a n u a r y .. .
N . Y . A Q u e e n s C * y ... D e c e m b e r .
O g d en sb u rg S t. R y .
D ecem b er.
P a t e r s o n R y .............. . D e c e m b e r .
N ovem ber.
D ecem b er.
S e p t e m b ’ r.
D ecem b er.
R o o n e s te r R y .........
D ecem b er.
D ecem b er.
S io u x C it y T r a c t i o n
T R A C T IO N
L a te s t G ro s s E a r n in g s .
D ecem b er.
D ecem b er.
N ovem ber.
D ecem b er.
D ecem b er.
O ctob er. ..
7 2 4 ,5 1 1
4 2 t ,0 6 7
2 2 5 .9 2
* 5 0 ,5 0 3
1 9 6 ,2 5 5
7 i 0 .0 3 9
1 7 ,2 1 1
2 0 2 ,2 1 1
...............
8 ,9 3 6
4 ,4 0 1
1 2 3 .8 5 7
2 3 6 ,1 6 9
1 5 0 ,0 3 5
2 0 0 .4 8 7
3 ,8 5 2
—
1 2 0 .8 8 0
9 4 ,1 9 6
5 ,4 1 7
2 8 ,9 3 8
4 0 8 ,9 2 8
4 2 1 ,5 7 8
2 9 ,2 0 9
9 1 ,5 6 6
8 7 ,7 8 4
2 8 ,0 1 2
2 9 .6 5 9
2 9 .6 5 9
4 .3 8 3
5 7 ,2 9 0
5 ii, i 64
9 4 ,8 0 0 1 ,2 7 5 ,9 4 7 1 ,1 4 4 ,4 1 1
2 6 ,7 9 2
6 ,4 3 0
...........
1 5 ,3 8 5 1 5 ,4 0 5
2 .0 9 3
2 ,0 9 5
1 7 ,4 7 8 1 7 ,5 0 0
4 ,5 6 2
4 ,7 6 9
2 ,0 9 0
3 .0 8 2
9 9 ,9 6 3 1 0 5 ,0 1 1
2 4 .5 2 5
1 .2 9 4
', 4 1 6
2 5 ,3 6 5 2 5 ,5 6 8
1 ,3 2 1
6,0651
6 .4 5 8
* .4 2 0 ' . . . . .
7 4 ,2 6 < 7 1 .0 0 0
8 .3 6 2
8 ,3 8 8
4,lr>8
4 .1 2 0
5 ,5 8 2
3 .5 0 8
3 2 ,6 4 8 2 9 ,1 8 1
3 8 ,5 7 2 3 7 ,7 5 5
o ,1 8 s
6 ,8 2 9
2 ,7 0 0
2 ,9 8 4
3
6 ,5 2 4
3 3 ,9 6 8
1 2 ,4 5 0 1 1 ,9 9 7
T h ir d A v e . (N . Y .)
J a n u a r y .. . 7 4 ,5 4 6 7 3 ,9 7 0
T w i n C it y R a p . T r a n . D e c e m b e r . 1 7 1 ,5 2 3 1 6 8 4 1 3
1 6 ,4 2 2
D ecem b er.
1 6 ,0 0 8
D e c e m b e r . 1 4 2 ,2 1 6 1 3 8 ,6 0 1
D e c e m b e r . 1 3 ,1 0 7
1 6 ,3 9 4
D ecem b er.
3 ,6 8 2
3 ,7 6 9
W a t e r b u r y T r a c t r o n .. D e c e m b e r . 2 1 ,7 7 0 2 2 ,7 8 9
W h e e lin g R a i l w a y .
D e c e m b e r . 1 4 ,8 1 7 1 1 ,7 0 2
( D e c e m b e r . 4 5 ,4 3 9 4 3 ,0 9 9
3 ,0 9 2
S e p t e m b ’r.
3 ,4 5 8
4 0 ,1 0 9 3 9 ,0 4 6
IS e p t e m b ’r . 1 4 ,2 9 1
2 4 4 ,4 0 8
3 3 , 5 10
2 7 7 ,9 2 8
4 7 ,3 6 4
5 3 .4 2 9
9 9 ,9 6 3
1 7 ,4 4 4
3 1 9 ,0 8 7
1 4 ,4 4 2
8 6 ,1 3 3
2 3 1 ,9 4 5
3 0 ,4 7 2
2 6 2 ,4 1 7
4 0 ,2 52
5 1 ,2 4 1
1 0 5 ,0 1 1
2 9 3 ,6 9 L
9 8 .5 0 7
6 2 ,8 1 1
9 2 ,5 6 6
4 8 .6 6 6
3 5 3 ,4 0 8
5 0 2 ,8 2 «
7 1 ,7 3 9
3 7 ,3 2 8
2 9 9 ,2 9 8
3 5 7 ,0 1 0
7 1 ,7 3 3
A N N U A L
R E P O R T S .
A t ) n t i a l R e p o r t s . — T h e f o l l o w i n g ia a n i n d e x t o a ) ) a n n u a l
r e p o r ts o f s te a m r a ilr o a d s , s tr e e t r a ilw a y s a n d m is c e lla n e o u s
c o m p a n ie s w h ic h h a v e b e e n p u b lis h e d s in c e t h e la s t e d it io n s
o( t iv I n v e s t o r s ’ a n d S t r e e t R a i l w a y S u p p l e m e n t s .
r p is i n d e x d o e s w o t in c lu d e r e p o r t s in t o -d a y ’ s C h r o n ic l e .
N o t e .— F u ll-fa c e
fig u r e s u n d e r s t r e e t r a ilw a y s r e fe r to
Volume 6Jf.
R a il r o a d s a n d M is c e l . C o ’ s.
V o lu m e <14—
P a g e.
A m erican Soda F o u n t a in ................... 281
.......................... 17j
A tla n tic & P acific
B altim ore Chesapeake & A tla n tic.. 284
Central R R . o f N ew Jersey. . . .
283
Cnicago & N o rth -W e s te r n .................. 26:3
C hicago P e o ria A St. L o u is .............. 2 8 1
C h icago St. P. M . & O m aha................ 231
D elaw are & H u d son C anal.................231
D elaw are Lack. & W e ste rn ........... 231
D iam on d M a t e h ................................... 285
Edison E lectric 111. o f B r o o k ly n ... 231
E dison E le ctric 111. o f N ew Y o r k .. 23L
G eorgia R a ilroad ................................. 2 3 1
G reen B a y & W estern .................... 178
O regon Im p rovem en t C o .................... 2<l
Phiia. W ilm ington A B a ltim o re ... 178
P ittsbu rg & L ake Erie .. ................ 230
W e ste rn M aryland ............................ 178
St r e e t R v il w a t s .
V o lu m e s 6 3 a m t 6 4 —
P a g e.
A k ro n Bradford & C leveland R R . 1 7 8
B altim ore City Passeu ger R y ....... 1 7 7
Baltim ore T r a c t io n ............................ 285
B rockton C o n so lid a te d ......................1008
C h ic a g o
G rea t
S t r e e t R a i l w a y s — ( O o n .)
V o l u m e s 6 3 a ■d 6 4 .
B r o o k ly n E le v a t e d ............................ 8 0
B ro o k ly n R a p id Transit..... .............. 8 0
Buffalo R y ............................................. 11 off
C h icago City R v ... ........................ 1 7 6
C h icago & So. Side R . T ....................1 7 7
C leveland P a in e sv ille & E a stern... 284
C olum bus Street R y ...........................2 3 2
G lob e St. R v . (Fall R iv e r).. .. ___ 106L
L a k e St. Elevated. C h ica g o ...........1 7 7
L eh igh T ra ctio n o f H azleton , P a .‘2 3*2
L ow ell L a w ren ce A H a v e r h ill....... 1061
L ow ell & S u b u rban .....................
1061
L yn n & B o s to n .......................... 1007.1113
M ontreal S tr e e t.............. .................... 8 0
N ational R y. (St. L o u is )................... 284
N ew O rleans T ra ctio n ( L t d . ) ....... 1 7 7
N orth C hicago St. R R ........................ 1 7 6
N orth Shore T r a c tio n ...................
1113
R o c h e s te r R y .............................. . . . 965
Springfield (M ass.) St. R y .................1061
U nion St. Ry. (N ew B ed ford ) ....... 10 61
U nion T ra ctio n Co.. P hil. . . . ....1 0 0 0
U nited T ra ctio n , R eadin g, Pa . . . 1 7 7
W e s t C hicago St. R R .......................1 7 6
W e s t End St. R y . (B o s t o n ).............. 90 6
W estern
R a ilw a y .
(Statem ent f o r calendar year and h itf-yea r end. Dec. 31, 1896.)
T h e f o llo w in g h a s b e e n fu r n is h e d to th e C h r o n ic l e :
■S ix m onths to D e c . 3 1 .—% r—Y ea r end. D e c . 3 1 . —*
1896. *
1895.
1896.
1895.
E a r n in g s —
$
$
$
$
F r e ig h t ..............._ . .
1 ,7 8 8 ,5 1 0 1 ,7 8 8 .2 2 8
3 ,5 4 3 .3 7 8 2 ,9 5 8 ,2 9 5
P a s s ’ g ’ r , m a il a n d e x p ’sai 5 9 8 .6 3 3
6 2 1 ,1 7 0
1 ,1 2 6 .2 9 0 1 , 0 9 3 ,5 8 6
R e n t a ls a D d m is e e l l a n ’ s
1 6 .8 2 1
6 ,8 0 3
7 ,8 7 9
1 8 ,5 8 3
2 ,3 9 3 ,9 4 6
E x p e n s e s , iu c l. t a x e s . . .1 ,8 2 6 ,4 4 5
2 . 4 1 7 ,2 7 7
1 , 7 9 3 ,4 9 3
4 ,6 8 6 ,4 8 9
3 ,4 8 7 ,1 9 4
4 , 0 7 0 .4 6 4
3 ,1 8 8 ,0 8 2
5 6 7 ,5 0 1
3 2 1 ,1 1 2
f 2 3 ,7 8 4
3 0 5 ,4 0 7
1 ,1 9 9 ,2 9 5
6 3 8 ,7 9 9
8 8 2 ,3 8 2
6 1 2 ,2 9 5
S u r p l u s ............................. 2 4 6 ,3 8 9
D i v o n d e b . s t o c k , 2 % .. 2 3 8 ,3 5 * )
3 1 8 .3 7 7
2 3 1 ,3 3 1
5 6 0 ,4 9 0
4 7 4 ,5 0 i
2 7 0 ,0 8 7
4 6 7 ,2 8 6
8 5 ,9 9 0
1 9 7 ,1 9 9
.
.
B a l a n c e ...........................
- V . 64, p 280.
8 ,0 3 9
8 4 ,0 4 3
Alabama Great Southern Railway Oooiptuy, Limited.
( Report for the year ending June 30, 1S9G )
The report of ilia American Company (Alabama Great
S o u t h e r n RR.) w a s given io t h e C h r o n i c l e of Oct. 17, 1896,
pages 699-701. The r e p o r t of t h e English Compiny, w h i c h
o w n s all t h e capital s t o c k of t h e American Cimpany, says :
T h e n e t r e v e n u e a c c o u n t o f th e A m e r ic a n C o m p a n y s h o w s a b a la n c e
b r o u g h t f o r w a r d f r o m l a s t y e a r o f £ 4 3 ,9 0 2 , f r o m w h ic h h a s b e e n d e
d u c t e d £ 1 5 ,0 0 3 , t h e e s t im a t e d c o s t o r r e p l a c i n g c e r t a in e q u i p m e n t
r e q u i r in g re n e w a l p r i o r t o t h e 1 s t o f J u l y , 1 8 9 5 , l e a v i n g £ 2 8 ,8 9 9 . T o
th is m u s t b e a d d e d t h e b a l a n c e o f r e v e n u e a c c o u n t f o r t h e y e a r e n d e d
J u n e 3 0 , 1 8 P 6 , i n t e r e s t a n d i n c o m e f r o m I n v e s t m e n t in t h e B e lt R a il
w a y o f C h a t t a n o o g a , a m o u n t i n g t o g e t h e r to £ 1 0 4 ,2 7 8 , m a k in g a t o t a l
o f £ 1 3 3 ,1 7 7 . F r o m t h is h a s t o b e d e d u c t e d i u t e r e s t o n b o n d s a n d d e
b e n t u r e s a n d o t h e r c h a r g e s , m a k i n g t o g e t h e r £ 6 1 ,0 9 0 i 7 s . l i d . , l e a v
in g a b a la n c e
£ 7 2 ,0 8 6 . T h e d i r e c t o r s r e c o m m e n d t h e p a y m e n t o f
a d i v i d e n d o f £ 3 p e r c e n t ( s ix s h i ll i n g s p e r s h a r e ) o n t h e “ A ”
e n c e S h a r e s . T h is w il l a b s o r b £ 1 9 ,6 0 6 , l e a v i n g £ 5 2 , 4 6 0 t o b e c a r r ie d
fo rw a r d .
of
1 3 7 .7 6 4
1 2 0 .7 7 1
2 ,6 2 6 ,8 9 6 2 ,6 1 5 ,1 5 2
7 3 ,9 7 \j
7 4 ,5 4 6
2 ,0 3 7 ,9 3 3 1 ,9 6 1 ,7 7 0
1 8 5 ,9 6 0
2 0 8 ,6 9 3
1 ,7 2 3 ,1 3 9 1 ,6 3 3 ,7 1 2
1 8 0 ,3 9 6
1 8 9 ,4 9 3
5 5 ,5 2 7
5 6 ,8 5 7
2 4 5 ,3 6 3
1 4 9 ,0 7 9
1 6 7 .9 9 3
4 5 0 ,2 0 4
5 0 7 ,2 8 9
...............
325
...............
........
* F ig u r e s w e re e x c e p t i o n a l in 1 8 9 s o n a c c o u n t o f A t l a n t a E x p o s it i o n .
t L a r g e b u s in e s s in D e c ., 1 8 9 5 , d u e t o b o y c o t t o u c o m p e t i n g Linos.
J D e c r e a s e in e a r n i n g s d u e t o f a c t o r i e s b e i n g s h u t d o w n .
Street Railway Net Earaiugs.—The following table gives
che returns of Street railway gross and net earnings received
this ween. In reporting these net earnings for the street rail
ways, we adopt the same plan as that for the steam roads—
that is, we print each week all the returns received that
week, but once a month (on the third or the fourth Satur
day) we bring together all the roads furnishing returns, and
the latest statement of this kind will be found in the
C h r o n i c l e of January 23. 1897.
The next will appear in
the issue of February 20, 1897.
— G ro s s E a r n i n g s .------- /— N e t E a r n i n g s .— —n
1896.
1895.
1895.
1896.
H oa d s.
$
$
$
$
B u ffa lo R a il w a y —
O o t. I t o P e c . 3 1 .
1 7 7 ,3 0 0
3 3 7 ,9 9 0
1 7 0 ,7 0 2
3 4 1 ,9 7 5
6 7 0 ,6 7 6
J a n . 1 to D e c. 3 1 ...
1 ,3 6 9 .2 2 7 1 ,3 2 7 ,7 7 4
6 7 3 .4 7 3
2 4 ,3 8 3
C o lu m b u s (O .) Sr. R y .. l a
5 1 ,4 2 2
4 7 ,2 1 9
2 3 ,4 4 7
H o u s t o n E le o S t R y D o
1 7 ,2 1 1
5 ,8 4 1
1 7 ,6 5 8
J an . 1 t o D eo. 31 .
2 0 2 .2 4 1
7 6 ,4 8 0
...............
M e t r o p o lit a n S t R y .( N .Y .)
9 1 2 ,1 0 5
O c t . I t o D e c . 31 . .
2 7 2 ,7 5 4 1 ,8 3 8 ,1 2 1 1 , 0 8 1 , 4 0 7
Jan . 1 to D e c. 3 1 ...
8 ,3 8 2 ,1 9 5 6 ,0 9 2 .6 8 3 3 ,7 1 2 ,9 1 6 2 ,8 1 5 ,3 4 9
S e c o n d A v e . (N . Y . j —
O c t . 1 to D ec. 3 1 . . .
2 5 ,4 9 5
4 1 ,6 0 8
1 6 7 ,3 9 0
2 1 8 ,7 9 8
Ja n . 1 to D eo 3 1 ...
2 1 4 ,3 7 1
7 8 4 ,9 1 2
9 3 0 ,7 8 9
1 7 6 ,0 5 1
T h ir d A v e . R R ( N . Y . ) —
O o t. 1 t o D e c . 3 1 . . .
2 4 9 ,1 4 5
6 1 4 ,4 2 9
6 2 6 ,0 3 8
2 4 5 ,7 5 5
J a n . l t o D eo. 31 .
2 ,6 2 6 ,8 9 6 2 ,6 1 5 ,1 5 2 1 , 1 8 7 ,7 4 0 1 ,1 5 8 ,3 6 9
T roy C it y G o t. 1 t o D e o . 31
6 4 ,6 7 5
1 1 8 ,9 1 0
1 2 5 ,5 3 1
5 4 ,0 0 4
J a n . 1 t o D e c . 31
2 4 4 ,5 6 3
2 3 7 ,6 2 9
5 0 8 ,5 9 0
4 8 7 ,3 3 8
Prefer
The balance sheet of the Eaglish Company on Jane 30th,
1896, showed:
Liabilities.
Shares issued (se e 8tX P P.)....£2,,242,070
D ebentures d n cl. in t e r e s t )...
137.015
C reditors ...................................
1,275
990
U n claim ed dividen ds ..
6,823
A m e r ic a n C o —G eneral a c c t.
F o r purchase o f shares i$l,~
600.000) Clncin. N ew O rl.A
T e x . P a c. Ry. Co., h eld on
200,000
jo in t a c c o u n t .......................
19,000
R e v e n u e a c c o u n t.....................
Assets.
Shares o f A m eric’ n Co. ow n ’d,
$7,829,450; pref., $3,380,350. £ 2,241,900
D eben tu res A m e r. Co. h e ld ..
137,015
A m er. Co. 1st m ort. bon d s . . .
206
C ash ...............................................
8,858
Office fittin gs..............................
140
Shares C incin. N ew Orl. &
T e x . P a c. R y . Co. c o s t .........
200,000
A m er. Co. d iv id e n d o n p re f.
s h a r e s .........................................
19,600
T o t a l.......................................£2,007,785
T o t a l.......................................£2,007,785
N o t e .—T o re p re se n t fu n d e d arrears o f divid en d on 65,5(8 p r e fe re n ce shares
th e re w e re issu ed 4 per ce n t certificates, re d e e m a b le o u t o f surplus earnings:—
O riginal am ou n t. £sl,9 3 5 ; 35 per c e n t red eem ed in 1890 an d 1891, £28.677—
£53,258.—V. 63, p. 699.
Alabama New Orleans Texas & Pacific Junction Railways
Company, Limited.
(R e p o rt f o r the year ended 31st December , 1896. J
Secretary R. V. Tomlinson ia the report says ia part:
A f t e r p r o v i d i n g f o r g e n e r a l e x p e n s e s , a b a l a n c e o f £ 6 4 ,9 8 1 is o a r r ie d
t o th e c r e d it o f n e t r e v e n u e , t o w h ic h m u s t b e a d d e d £ 6 2 b r o u g h t f o r
w a r d fr o m t h e y e a r 1 8 9 5 , m a k i n g a t o t a l a v a i l a b l e o f £ 6 5 ,0 4 3 2 s . 6 d .
T h e in te re s t f o r th e y e a r o n th e “ A ” d e b e n tu re s a n d I n c o m e t a x
a b s o r b e d £ 3 7 ,6 2 2 , l e a v i n g £ 2 7 , 4 2 1 , o u t o f w h i c h t h e d i r e c t o r s h a v e
d e c l a r e d a p a y m e n t , o n t h e 8 t h F e b r u a r y , 1 8 9 7, o f £ 2 1 0 s . p e r c e n t
( £ 4 5 , 3 3 0 ) in r e e o e o t o f i n t e r e s t o u t h e “ B ” ( in c o m e ) d e b e n t u r e s ,
l e a v i n g £ 2 , 0 8 5 t o b e o a r r ie d f o r w a r d .
The reports of the several companies in w hich this English
com pany is interested have already been published in the
Chronicle (see v. 63, pp. 555, 649, 650), and their latest earn
ings are given from month to month in our earniogs depart
ment. The present report adds :
T h e d i r e c t o r s a r o p l e a s e d t o n o t e t h a t d u r i n g t h e f is c a l y e a r e n d e d
t h e 3 0 t h o f J u n e , 1 8 9 6 , t h e e a r n in g s o f th e N e w O r le a n s & N o r t h E a s t
e r n C o m p a n y w e r e o n l y a b o u t $ 1 1 ,0 0 0 le s s t h a n t h e f u ll in t e r e s t o n its
f ir s t m o r t g a g e b o n i s . I n t h e o l o s in g m o n t h s o f t h e y e a r 1 8 9 6 , h o w
e v e r , t h e e a r n in g s , b o t h f r o m p a s s e n g e r s a n d f r e i g h t , s o m e w h a t f e l l
o ff, o w in g , i t m a y b e a s s u m e d , t o th e g e n e r a l d e p r e s s i o n in b u s in e s s .
T h e w o r k o f b a l l a s t in g t h e lin e h a s p r o c e e d e d s t e a d i l y t h r o u g h o u t t h e
y e a r , a n d n e a r l y 1 1 0 m il e s a r e n o w c o m p l e t e d . N e w s t e e l r a ils ,
w e ig h in g 7 5 lb s . p e r y a r d h a v e b e e n la id o n a b o u t 1 0 m ile s o f r o a d
THE CHRONICLE.
3*26
[V ol. IiXlV,
xad the**- Itvr*uT r cc-c is will c>etill cue i o be n*»4 o as vIgorouftl'" as
Chicago Peoria & St. Louis Railroad.
T^s A la Im eta * Ticishat* Cempanv paid a dividend o( 3 per cent on
J5» (wotiB-s *s-e* »u IS
and ibrre !ii.< bevu an tnet-rate In rceetwta
t«ia fjom )
.
ai d fr. •fbt, owing to the higher pile* realised
let e o'ieo, wht‘-h wa* s&lpprd ear.tor than So the previous year.
('Statem ent f o r y ea r en d in g Dec. SI, 1S0G.J
slisststUssst psnaik
The full inootne account for the lata calendar year is now
furnished as follows :
Tfe*C!ifteiue»>t 8 « « Otteaa* 4 r r iw Racine Ootnpaof remains In
Use bastli a t * t eerlTer, and a proposition far parebose of IB* railway Gross earnings.............8897,940 Taxes and ren ta ls............ $72,703
ttsy trpitrstfstirM of tit® s e e Southern Ky Oo. aa*l of tbr Ciudossil O peratin g e x p e n s e s ........ 6 2 5 ,1 8 4 Interestoa 1st 4 — _____ 97.550
ilaintiton a Bay ion KK C«.) l>*s Boon rejected toy popular t o n s a t use
Interest on loan................ 48,010
City of n tiunaii. to which U>* matter bad to to* r. (erred. After |ia.' •
men! of rectal at d cu t i f improvements to the propertv for tho year
Netearntngs.................$272,756
$218,253
cadrd ttor sot to Juo*. J.sats. liter* war sd rtels of
1,00 !. The ear Balance surplus for year
..$54,503
ItjES h*ve faliets off oonsideratoif. while on the other liaml the rental —V. 61, p. 284.
p..yat-.-r p> the elst a* from the l . th Octtber last. Isas Inoroaapd
riK> t.-co, itjA ...tteuas amount being St, 1)0 *'.OOP for tiro years from that Huntingdon & Broad Top Mountain Railroad & Coal Co.
da-.r. « . at...; f 1..toO.'sio, tlie previousamount, The position of tale
company !» anythin* tout satisfactory.
( R ep ort f o r the y ea r en d in g Deo. 31, 1896.)
S tfu r tiu * O ttn td . —Tin-
securities owned are :
» » a r t* 5'.
fArtwS
st. .*
Prtvr ;
l,i vt
'
mm
.fit ;
r,
', l
- o t _ ’ •>)
None.
'
(>*/ ,r.
. ...
f
i, . " ; .•
0,000.009
■_____
-4ta.it t'd-JUA—
VfcA>.f h m . * Pae.-
f 7'>1.0.>0
$1,001,000 $1.0.*'.000
O im r.i.
Out o f,
................... ...
an.WU 1,000,000
SSJ.tOO 002,000
£3 a .............................................
................ ..
ta "m e . .
..........................................................
QumttL,
'Hit n/.
None.
I,N2i.ettO
S,flto2.000 4.UVO.MW
.......................... .
i.attooo
»0t.x*l
i .m .T 6
till.SOU
Al«o owns Cincinnati New Orleans & Texts Pacific (Cincin
nati Southern) 8 til way $5.13.000 stook, out of $3,000,000 ; the
comfit-. ** property at N/w Orleans and land near New Or
leans end ctvceotioe works.
Incomt Statement.—The following statement has been
compiled for the CHRONICLE as follows :
7lire*h , from investment*.
1890.
Jfrw Into i»i-r .to tour. K vat. R R . . . £ 15,539
1.093.
1094.
1095.
£31,5 49 £31.278 £31.-.05
3.787
7,753
i 764
2,052
Vi, to,tour*; S hreve. * l\u-, H R ... 1 1. -I f.)
346
10.613
3,005
Oompiev* property........ ............
2,958
3,081
3.222
219
8p»ui*h K -n HR at d property.
___
1.470
Creo—1« Works exp., etc.. loss.
St
m
515
116
l a M r r t i........................................
421
Alabama A Vicksburg Ry_____
T o ta l..................
8,108
General expense*.......................
£68.571
3,590
laewtnc tax. ..................................
1,428
Interest on A debentures.......... 39,194
1Bter,-.t on IJ (deeisr. di ..
25,338
Balance (Including surplus------------
£51,359
3,935
1,475
30,194
10,134
£50,295 £39,726
3,657
3,634
1,594
1,753
30,253
36,417
8,867
....
£62
pies Sou* year)........ .......... £2,085
£554
£341
E arn ing *.—The earnings of
the several properties in which
the company is interested hare been aa below :
1896.
1895,
1894.
1893.
575,072
555.676
565.780
588,298
Net earning* ....................... 1,039,992
Lossaftcrpaying rental, Ac,
21,119
976,767
68,110
911,764
172,541
988,945
117,573
H e a r en titn Q J u n e ZO
$
$
$
$
H. O. A Nor h H.i»t«rn, gross. 1,419.720 1,228,760 1,293.0691.419,962
Net earning* .............
386,071 240.223 228,931 229,00*
Alabama * Ytokabor?, gross
N u t,inru n ;,........................... 160.958 129,971 129,447 105,833
Vicks. sbri-v.i .to Par. . pros,.. 558,811 580,113 550.217 501,924
NVt earning* .............
151,883 115.513 128,536 122,339
Ctri. N. U A I nto Pat-., eross.8,685.865 3,487.941 3,576,979 4,174,969
B alance Sheet
President Spencer M, Jauney, in the company’s forty-fourth
annual report, says in part:
G en eral Result's. -Tnere were moved in 1898 a total ton
nage of 2.614,4t7 tons, compared with 3,899,066 tons in 1805,.
coal furnishing 2 169,638 tons, against 2,413,830 tons in 1895.
The loss in the coal tonnage for the year is therefore 244,184 tons, which, considering the demoralized condition of the
coal trade and the general depression among the industries
which are the largest consumers of coat, is not to be won
dered at. Notwithstanding its reduced earnings, your com
pany ends the fiscal year practically free from floating debt
and with its line in good physical condition.
Car T ru sts .—To fund all the outstanding car trust certifi
cates a new consolidated car trust was created for $680,000,
the original amount of the old ou’standing car trusts being
$1,153,000, This new trust of $680,000 included $100,000 as a
special fund for the purpose of equipping sucb of the coal
cars as had not already been so equipped with air brakes and
automatic couplers, and for other purposes of the trust, thus
bringing the cars so equipped up to the latest standard of
efficiency and safely in accordance with an Inter-State Com
merce Act on the subject.
D ivid en d s .—Dividends for the year of 7 per cent on the
preferred stock and 3 per cent on the common stock have
been declared. While about 4 per cent had been earned on
the common stock, yet the management, in accordance with
its continued conservative policy, deemed it best to declare
the dividends as stated,
M ain ten an ce, E tc .—General Manager Georgs F. Gage says
the improvements and maintenance of roadway charged to
roadway expenses aggregate $46,753. The roadbed, track,
trestle work and bridges are in good condition. Tnere have
been laid during the year 199 1580-2340 tons of new 70 and 85pound steel rails and 23,403 new cross-ties have beea put in,
The new work (account construction and equipment) of the
year aggregates $i,237.
E a rn in g s, E t c .—Results for four years have been as follows:.
RECEIPTS AND EXPENSES.
—The balance sheet on Dae. 31,1896, showed:
Preferred “ A " shares
tally paid ............. r £1,5*0,000
Debenture*................ *i2,61.7,893
Accrued interest on
"A " detoetiUife*. ...
6,241
Sundry oimtandlng
accounts .....................
3,270
Net revenue account.
27,421
Total.................... £4,144,831
Capital
expenditure
a c c o u n t............. .........
Revenue to Sept. 30,
1890........
Total earnings........ .............. 583,362
Expenses................................ 284,150
1895.
$
648,004
295,983
1894.
$
581,750
267,939
1893.
$
706,791
334,188
Net earnings....................299,212
352,021
313,811
372,603
110,650
200,872
117,635
2 0 ’ ,678
117,568
208,142
1896.
$
£ 3 ,6 9 0 ,0 3 1
417,832
O u tstan d in g accou nt.
Cash ................................
1,230
3 5 ,7 0 8
D ed u ct—
Interest on bonds.................106,180
D iv id e n d s ....................................1 3 1 ,1 5 1
Total..................... £4,144,830
* Ti i r. an .i - . outstanding £250,000 deferred “ B " share!, issued
»» toby Paul under agreement of 23d Jane, 1881, an also oorUHeaies repr.oo'oiiue £23,494 in all. issued la part p lymnac
of four coupon* of flrsi debentures, which to -oarne due in 18*5,1886
arts 1**7
r> -retire tbese certlfloIt*'* s-caad debentures wore
drSpered to trustees, who eXcbAugwt th« same for £34,192 16s.
(nominal! of "f** debentures which they uow hold.
Nutk.-T I i* unpaid interest due from the Now Orleans A- North
East, tu I'd which a ,.ration I# to Be funded), and from tile Vicksburg
Shreveport A Pa-ide companies, amount* to £480,023 14s. yd.
Philadelphia & Erie Railroad.
( R ep o rt f o r the yea r en d in g Deo. 8 1 , 1S9G.J
The earnings, expenses and charges were as follows :
ttsasmos asd kxpisnhes.
1896.
1895.
1894..
1893.
A t . rate per ton per tulle. 0*391 ot*. 0-3»n cts. 0-41* ots. 0*414 cts,
At . r»ii- per p»»*. p. mile.................. 2-374 cts. 2-389 cts. 2-402 cts,
Marking*™*$
$
S
P*” <
.......... ............. 600.959
014,197
598.581
078,363
Erel.bt .............................3,765.3.82 3,811,291 3,240.065 4,297.301
M*i-.
etc ........... 146,200
153,086
126,550
129,210
Total.............. ..............4.512,0 U 4,378,574 3,965,196 5,104,880
HxpruM * tlnol. all ta x e s) 3 ,2 8 1 ,0 6 0 3 ,1 9 7 ,3 3 8 2,969,575 3,377,450
T o ta l....................................... 2 8 7 ,3 4 1
311,522
325,710325,313
B a la n c e ...................................su r .1 1 ,8 7 1 su r .4 0 ,4 9 9 d e f.1 1 ,5 0 2 su r .4 6 ,8 9 3
BALANCE SBEBT DEC. 31, 1898.
Assets.
L ia b ilities.
Stock (see Scppt .). ...$3,371,750
23,764 Bonds (see Scppt .)___ 2,280,500
63,519 Scrip, c o n v e rtib le in to
stock ..........................
352
I t , 722 Ins anddiv.unuaid.-..
10,030
26,773 Bills payable ...............
30,000
2 0 0 Pay-rolls........................
13,593
Vouchers...................
15,113
5,050 Book accounts...............
2,262
144 H. & B. T. consol, oar
trust cars ..................
18,749
134,405 Addition H. & B, T. con.
ear trust fund.............
66,660
Profit and loss.............
403,132
C onstruction & e q u ip ..$ 5 ,9 4 7 ,1 6 6
Book acoonuts...............
Real estate.....................
G e n e ra l s u p p lie s (s to c k
on hand)----------------Cumberland Mine........
B ils r e c e i v a b l e ..................
lo su r a u o e , " oar tr u st
Oars".............. - .........
Phtla. Bourse stock___
Balance in hands of
Treasurer...................
Total........................... $6,212,744
—V. 63, p. 402,
Total
$8,212,744
Haiti more Traction Company.
f R ep o rt f o r T ea r en d in g D ec. 8 1 ,1 8 9 6 ,)
President Wtn, A. House has favored the Chronicle with
a typ--written copy of his report to the stockholders. The
report which contains the earnings published last week, says:
As Is well known, the year 1896 w a s not a very prosperous one,
owing to tho fl anolal stringency and the great depression which ex
isted iu nearly all brunt-bo* of business. Considering these disadvan
tageous condl-ionS, it is most gratifying to ne able to ante thxt the
1880.
1895.
1894,
1893,
gross earnings of your company iuereased $90,323, or Th. per cent,
fiitMipi#*-M
$
$
$
compared with 1895, and the net surplus for the year, over ail fixed
KM e*ti iof?* ...... ..
1,231,451 3,181,238
995,621 1,527,430 charges and taxes amounts to $177,875: an increase of $51,488, or
fHfapt receipt*
*>04
24,790
19,353 41 percent,
OanvertibU B o n d s - N o m o a tin g Debt,—On Deo. 31, 1895. there
ttMNJMSM*a*.,
1,181,840 1,020,411 1,5167783 existed
(i floating debt of $i7*,785, Incurred during that year
Jh$kur.iem t r*$#—*
on
------- 1,047,470 1,047,470 1,047,470 1,042,470 for the c instruction of additional mileage and the purchase of
new
cqnlpm
uit
IV liquidate tills rte'>t and to pro'Ida r mds
ob wpt&iMl
l*t0,o >0 for the double tracking of suburban roads, the ehtueiog of the
If
on rqnii»xnfiiIt- a-* X14*911
loV
l'tlT
t)
110.114
12*1,827
Druid
Hill
Avenue
line
from cable to electricity, for additional new
M u s l i m ... . . .
1’iK]
22,865
8 ,0 0 0
8 ,1 0 0 equipment to uoeotmnod its the rapidly Rereading trail)o, and the, con
struction
of
the
Shore
Line
Raihv.iy, you f comiinuy lssued $800,00-1
i
i
p
r
,
*.
Total dl»buf»eutt
1.177.313 1.105,504 3,339,297 convertible 5 per cent gold bond*, as authorized April 30. 1 *86. With
■ur.4 ,5 2 7 df, 1 4 5 ,1 8 3 er.2 0 7 ,4 8 8 the proceeds of these bonds all of the outstanding dbUgatlous of the
* (i> March IkfH, ptii a 2 JN*r cea( div idend. T h e b d a n c e t o c r e d i t company htvo been retired, all tip* ne w work *nd eq upmeut have
been paid fur, and the company is now without any floating debt.
nf prcB! ami loss account Dec. 31 ,1 8
was -$684,786.—V. 62, p, 3 iff.
E xten sion * a n d Im p rovem en t *-—rattlhore Line Kieetrio Railway was
S e t e a rn in g s.......... ...1 ,2 3 1 ,4 5 1
1,181,230
INCOME ACCOUNT,
995,021 1,527,430
THE CHRONICLE
F e b r u a r y 13, 1897.]
p u t in op era tio n W ar 2 4 ,1 8 9 6 , a n d h a s p ro v ed a m is t v a lu a b le acq u i
sition , its ea rn in g s h a v in g oontrib ite d la rg ely to th e rev e a u e o f y o a r
oom p aoy. E x te n s iv e im p ro v em en ts w ere m ade d u rin g th e y ear a t
G w yn n Oak P a rs, and w e purp »se m d a t^ ln g th is b e t ir ifu l p ir n of
sev e n ty -fiv e a cres a t its p resen t high s t t a l a r i o f e x c e lle u e e .
The Druid H ill A venue lia e w as o u t in o p era tio n is a tr o lle y lia s
O ctober 4, 18 9 6 , effectin g a large decrea se in o p era tin g e x p e n se s.
D ivid en d , Etc .— )a D ecem ber L7. 1846, a d iv ile n l o f
oec c e a t on
th e c a p ita l sto ck o f th e o d m p iu y w as d e c la pe l. a a d t h s s u u » w isp & id
on J a n u a ry 1 ^ .1 3 9 7 . The d e cla ra tio n o f th is d iv id en d w as a greed
up on w ith confid en t e x p e c ta tio n thfct your com p any is no v esta b lish e d
up on a p e r m v ie u t d iv id ea d -p a y in g b asis. The h ig h sta n d a rd of th e
p h y sic a l con d ition o f th e property h i s b een m a in ta in ed . The rolling
sto ck is in e x c e lle n t c o n d itio n , a n d e v er y ca r a v a ila b le fo r serv ice.
327
Illinois Steel,
(R ep o rt for the year ending December 31, 1896. J
The annuil report has not come to hand, but the details as
reported by press dispatches are as given below: President
Gates says the year has been very unsatisfactory. In April
there were orders on the books for over 500,000 tons of the
product. The Chicago Convention pat customers where they
could not take and pay for goads Otiers are no v on the
books sufficient to absorb practically all the inventory of ma
terial and greatly reduce by August lo u standing obligations.
On Dec. 31, 1896, material and supplies on hand, cash, bills
Election. —The number of votes cast by the President, by and accounts receivable and railroad stocks and bonds, as
proxies, was 157,863, and by stockholders present 11,833, shown by the balance sheet, were §11,808.367: less bills and
making a total of 169,691. The following directors were re accounts payable and interest accrued, §5,773,391, leaving
elected : W cq. T. Dixon, Christian Dsvries. Sidney F . Tyler, $6,034,875, to which should be added th> securities o vned uot
James S. Hag^rty, Cbas. Adl^r, Tbeo. F. Wilcox, H. A. Parr, included in railroad stocks and bonds $3 131,713. Total con
T. Edward Qatnblttoa and William A. House.—V. 64, p. 235. vertible assets in addition to plant. $9,l5ti,53S.
Directors H. H Porter and J. C. Mirse retired, and Cor
Edison Electric Illuminating Company of New York.
nelius C. Cuyler, of New York, and Isaac Eiwood, of Illinois,
{R ep o rt f o r the year ending Dec. 31, 1896.)
took their places. Secretary and Treasurer Gray retired. The
On another page the remarks of the President, Mr. Spencer officers elected are as follows :
Trask, from the report for the year will be fouad in full, to
P resid en t, Jo h n W. G ates ; F irst V ic e-P r e sid en t, C harles H . F o o te ;
gether with the income account and balance sheet in detail.
Seoood V ice-P resid en t, W. P. P alm ar; S ecreta ry , W A. G r e en ; T reas
Balance Sheet, —A. comparative statement of the balance urer, w H. T hom p son; D ir ec to r s—N a th a n ie l T hayer. F r a u d s B a rtlett
and Francis L. H iggin son . B o s t o n ; M organ R otc'i, N ew Bedford,
sheets on Dec. 31 of each of the last three years has been com M
ass ; A. J. Forbes-Leirh, L ondon, E n g la n d ; M arshall F ield . N orm an
piled for the Chronicle as follows:
W illiam s an d W. L B row n, C h ic a g o ; Isa a c E iw o o d , D e K alb , til.; Cor
CO N D EN SED B A L A N C E SH E ET D E C E M B E R
31.
1896.
D r.
$
Lioense under Edison patents . . . 3.1 5 9 ,0 0 0
Real e a t, construction. Invest.,£o. 1 0 ,2 27,712
Ed. Light & P. Inst. Co..................... 1 ,2 1 6 ,4 0 )
Customers’ accls. and bills reo’le.
189,703
flundry accounts and supplies . . .
111,235
Gash on hand..................
170,905
1895.
$
S .I S I jn O
9 ,9 1 2 ,8 5 0
1 ,2 1 6 ,4 0 0
13 0 ,3 6 1
106 .4 4 2
5 8 5 ,9 8 9
1894.
$
3 ,0 3 0 .0 0 9
9 ,3 1 7 ,4 6 4
..............
180 ,5 3 3
116 .5 9 3
177 ,9 7 0
T o ta l.................................................1 5 ,0 7 4 ,9 5 6
Or.
Capital stook........................................ 7 ,9 3 8 ,0 0 0
Dividends .............................................
119,055
F irst mortgage bonds . . ................... 4 ,3 1 2 ,0 0 0
First r o D S o l . mortgage bonds.......... 2 ,1 3 0 ,0 0 0
Bills and aooonnts payable.............
104 ,3 9 2
Reserve fund.........................................
8 *,7 8 5
Sundry a c c o u n t s ...._. . . . . . . . .
118 ,8 0 4
Accrued interest.................................
7 1 ,8 6 7
Front and loss.......................................
191,554
1 5 ,1 1 0 ,8 4 2
12 ,8 1 2 ,5 6 4
n eliu s C. C uyler, N ew York, and J o h n W. G ates.
E x ec u tiv e C om m ittee—\V L. B row n , N a th a n ie l T h ayer, M arshall
F ield Joh n W G ates and A. J F orbes-L etth. F in a n c e C om m ittee—W.
L. Brow n, N a th a n iel Thayer, A. J . F orb es L eitb a n d I. W. G ates.
Operations for three years past have been :
P ig iron a n d
sp ieg eleisen
Y ear.
m ade.
1 3 9 6 ............. 946,907 tons
1 8 9 5 ............. 1 ,0 0 0 ,0 0 0 “
1 8 9 4 .................................
R aw m a teria l
received .
3 ,5 7 1 ,9 8 4 tons
4 ,3 5 5 ,2 4 3 “
2 ,3 3 9 ,3 7 0 “
F in ish ed
P ro d u ct
W ages a n d
sh ip p ed .
s a la ries p d .
7 7 3 ,6 7 3 tons $ 6 ,7 29,031
8 7 5 .6 9 8 “
6 ,5 3 3 ,7 9 6
5 6 3 ,4 4 6 “
3 ,0 7 1 ,3 9 5
The protit and loss surplus amounting Dec. 31, 1895, to
7 ,9 3 8 ,0 0 0
119 ,0 5 5
4 ,3 1 2 ,0 0 0
2 ,1 1 8 ,0 0 0
80,2 9 4
290,521
1 0 9 ,0 8 9
7 1 ,8 6 7
7 2 ,0 1 7
7 ,9 3 8 .0 0 0
119,050 $914,401, has been changed during the year into a deficit of
4 ,3 1 2 ,0 0 0 $319,399, a total decrease of $1,363,800. For 1895, after meet
..........
ing $680,000 bond interest, there was a surplus from the year’s
68.806
operations of $1,333,366 against $30,607 for the year 1894.
2 08,058
A ssets.
40,114
71,3 6 7
1896.
1895.
1894.
54,6 6 9
$
9
$
Real estate, maohinery, & c .. ........ 1 8 ,8 7 5 ,8 3 3
1 7 ,4 5 9 ,7 9 4 17 ,2 5 6 ,4 2 2
..........................15
,0
7
4
,9
5
6
1
5
,1
1
0
,8
4
2
12
,8
1
2
,3
6
4
T o ta l.......... ,
Net additions in y e a r ................
1 ,416,038
203 ,5 7 2
Railroad stook and b o n d s .... ........ 2 .6 3 0 .0 0 0
2 ,6 3 0 ,0 0 0
- V . 64, p. 231.
2 ,6 3 0 .0 0 0
Materials and supplies........... ........ 7 ,2 4 0 ,3 8 1
8 ,332.751
4,9 8 4 ,5 3 7
American Straw Board.
C a s h ...........
505 ,6 0 5
923 ,2 8 2
Bills receivable.........................
5
2
7
,9
5
3
8 7 0 ,6 4 3
( Report f o r year ending December SI, 1896.)
Accounts receivable.................
4,6 6 4 ,2 4 8
1,2 8 5 ,5 6 7
683 ,1 8 9
Annual Meeting .—The facts regarding the annual meeting
6 51,526
are reported by the ‘ 'Chicago Times Herald” as follows:
........ 3 ,1 2 1 ,7 1 3
3 , 4 19 ,5 0 0
3 ,4 1 4 ,5 8 6
General Results.—Vice-President Newcomb made an oral Other investments...................
7 8 ,4 4 6
74,1 9 4
........
34 9 ,3 9 9
statement, saying in part:
318,865
“ Our trade, such as we have, is quite satisfactory, but we
are not doing enough of it to make money. At the beginning
of the year 1896 there were in the hands of consumers about
30,000 tons of strawboard prod act in excess of the normal
amount. Owing to the very low prices resulting from the
severe competition previous to the inauguration of the trade
agreement consumers stocked up unusually heavy. This sur
plus stock has now been practically exhausted, and as a
matter of fact our business for the month of January, 1897,
is largely in excess of the corresponding month last year.
“ I am certain that if we could have an ordinarily good
year, and there is indeed considerable prospect of such, our
company could not only pay off its floating debt, but pay a
dividend before the end of the year. If we could, for instance,
have i he output we did in 1893 or 1894, we should make money
fast under the present arrangement.’’
New President.—Samuel Thomas resigned the position of
President and Crawford W, Fairbanks succeeded him.
The officers and directors are as follows: President, Craw
ford W. Fairbanks; First Vice-President, R. F. Newcomb;
Secord Vice President, J. H. Swinarton; Treasurer, W. P.
Orr; Secretary and Assistant Treasurer, E. M. Watkins. Di
rectors—Samuel Thomas, R. F. Newcomb, W . P. Orr, Craw
ford Fairbanks, T. H. Conderman, George L. Webb, E. A.
Blodgett and C. H. Castle,
Earnings.—The earnings for five years have been:
1896.
1895.
1894.
1893.
1892.
Gross incom e..$ 2 ,2 7 8 ,3 9 0 $ 2 ,5 7 5 ,0 0 0 $ 2 ,1 9 9 ,0 0 0
..................................
Profits.........
1 13,292
9 3 ,4 5 2
5 2 ,6 4 0 $3 4 2 ,1 7 6 $723,201
On stook, p. ct..
1-88
1-55
-87
5-7
12 1
Balance Sheet.—The balance sheet on Jan. 1 was :
Plants and patents.......... ..........$ 6 ,4 1 1 ,6 2 1
Personal property............
Merchandise....................
Supplies...........................
Bills receivable............... .
Accounts receivable.......
4 8 2 ,7 0 6
Suspense account............
Cash .................................
BondB............................
1896.
1895.
$ 6 ,4 0 7 ,8 9 5
1 0 4 ,4 4 0
2 8 8 ,4 7 9
2 1 9 ,7 7 9
18,9 1 9
4 2 7 ,6 5 6
1 4 .0 7 7
1 0 5 ,9 6 6
$ 6 ,4 0 4 ,7 4 7
1 0 3,094
2 8 4 .0 6 8
1 8 4.069
8,338
3 2 9/538
10,**00
9 4 ,0 8 8
9 ,0 0 0
Total...................... .........$ 7 ,5 1 6 ,3 0 4
L iabilities —
Capital s’ oek.................... ....... . $ 6 ,0 0 0 ,0 0 0
Accounts payable........
Bills payable...................
$ 7 ,5 8 7 ,2 1 1
$ 7 ,4 2 6 ,9 4 2
$ 6 ,0 0 0 ,0 0 0
1 2 0 ,2 1 7
3 7 0 ,0 0 0
9 5 8 ,4 0 6
2 4 ,1 7 6
1 1 4 ,4 1 2
$ 6 ,0 0 0 ,0 0 0
5 5 ,688
2 6 5 .0 0 0
1 ,0 2 7 ,9 6 3
2 5 ,651
5 2 ,6 4 0
$ 7 ,5 8 7 ,2 1 1
$ 7 ,4 2 6 ,9 4 2
A ss e ts -
1897.
Interest accrued""............
Surplus..........
Total.......................... ........$ 7 ,5 1 6 ,3 0 4
- V , 64, p. 179.
T otal.......................................
39,0 3 4 ,3 3 5
L ia b ilities.
Stook. ................................
1 8 ,6 5 0 ,6 3 5 1 8 ,6 5 0 ,6 3 5
Debenture bond s.................................. 1 3 ,2 0 0 ,0 0 0 1 3 ,2 0 0 ,0 0 0
Dividend scrip
..............................
85,143
8 5 ,1 4 2
Bills payable......................................... 4 ,1 2 0 ,9 7 2
2 ,4 6 6 .7 7 5
Aooounts payable .............................. 1 ,404,185
3 ,3 1 9 ,0 9 4
Interest due Jan. 1 (since paid). .
15.->,000
1 5 5 ,0 0 0
Interest not due ................................
87,5 0 0
9 0 ,3 3 7
Reserved for replacem ents.................................... 21 1 ,9 152,949
21
Miscellaneous ......................................
5 ,7 3 4
Profit and loss, surp lus..........................................
914 ,4 0 3
T o t a l ...........
3 7 ,9 2 1 ,0 9 0
3 3 ,2 9 6 ,3 8 3
1 8 ,6 50,635
1 3 ,2 0 0 ,0 0 0
9 3 ,0 1 4
..............
9 2 2 ,1 5 0
155,000
93,0 5 2
18 2 ,5 3 2
3 9 ,0 34,335
33 ,2 9 6 ,3 8 3
—V. 63, p. 559.
Trenton Potteries Company.
( Report fo r the year ending Dec. 31, 1896. J
President D. K. Bayne says: The net result (after charging
$35,021 to profit and loss for maintenance of property) is a
profit on the operations of the year of $9,532. Tue organiz ition of the business has never been more effective and satis
factory than now, and only extreme and unprecedentedly low
prices stand in the way of prosperity, and it is hoped tha:
tariff legislation will largely correot this during the co ning
year. The financial conditions of your company still ram liu
favorable, not having to borrow any money or discount anv
bills receivable and paying cash for all supplies, enaoling u.
to buy at the most favorable rates. Your company has no
debt except current accounts, which are paid weekly as pre
sented, $14,577 91. The detailed statement for 1898 will b .
submitted at the annual meeting in June next.
M E M O RAN DU M O F Q U IC K ASSETS IN D E C E M B E R .
1896.
1895.
C a sh ....................................................... $ 5 8 ,4 1 3 )
B ills receiv . and aoo'ts oo lleo t . 13 7 ,5 3 7 (
I n v e n t ry (m dse stook).. ......... 2 7 2 ,3 2 0
ssitw .aJa
2 8 1 ,7 0 7
Total............................... ............$ 4 68,355
- V . 62, p. 3 17.
$46 5 ,3 0 1
1891.
( $ 1 0 1 ,0 9 1
107 , 2 3 ’
^
2 1 9 ,0 2 8
$ 4 57,401
American District Telegraph Company of New York.
(R ep ort for the year ending Dec. 31, 1896, J
President Thomas T. Eckert in the report say3:
The report shows a continuation of the badness deprersion which had already been felt for the previous uiree
years. In the report for 1895 it was noted that the old tariff
rates had recently been resumed, making a reduction of 25
per cent in the rates for messenger srrvice, but this has already
been partially recovered by an increase in the volume of bus
iness, showing a loss of earnings of the messenger depirt-
THE CHRONICLE.
328
|VOL. L X 1 V ,
AMD MtSOBi.. O t), S.
!
STRKKT R A ILW AY S,
as<nt ,>f rdly about 9 per cent (or the y< nr. while there is an KAILKOAOS
V o lu m e s 0 4 —
P a g e.
V o lu m e s 6 3 a n ' 1 6 4 —
P a g e.
IgrrMM of itf p r cent in ibr**r»k# performed on messenger H. A O. -i'H f ' A fL >nm *lNtf,..coup. *TU W h e e lin g k Lulu* E. .reeves,; com , 182
a Huston M ining Go.
iv>hL 2S<1 j D o
d o east* Jt I up. bonds. 28ft
e*IU, The t* «t ••{ construe;ion and msinteoaoee of lines, Ciititte
-jm-h;. Fear a- Yadkin v a l —
18 >|
Do
d o . . . . . . *,**ocJf sail* 888
rentals >v< subways, etc,, teas increased 8 portent. Taking C a o tm l o b i o
. a * . . c o m . 1*0 BelleC ityS L Ity., rtaeine,W lsu m ir r ,lS O
h e s te r ■& L e n o ir ..
...r to r g , 180 ;. B u rlington fin d E le c t r ic .....fo^ sci, A I
into *•.»*.»t i**ritiou Ut- continue.i great asoo^tiofl in all CC olum
bus A ‘ ‘in. M U L ............. emu. ISO » Cliuttanoogrt Kloet-rie. .. — co f £*v>Ml U
branch*:- of business, the results shown for 1896 are not dis Col Sun,
A i l . . . f / f " .*. .PscUar.jM. t&t C h ic. & So. Side H. T — plnn'33J58, I S O
D alu tb fia-' a W a te r Co — a m o . 287 f'ulum bus Cent m l K loetrlc...p L ifi.‘J l8 7
couraging. Our facilities we -uaiiuam-J i i esoellont order, Ft.
W o rth A R I© G ra n d e ,, d efaun. 287 C on .S t.ily.,G .ltap..M lch v,«W 1115, 1 SO
iiw, Amlnrstori
W ......... rtevr. 287
Do
do
com m itU e,'£ S 7
so that we can easily profit by increased business without m- Gre
L ittle RookJc- MftrapUis.. . . . . ,reRrg.
B. LW . & W o lio s v . 8 t. H R . . / o m i . 3 j s y
tori *1 iocr<*as‘*in cost |(hr sccurithsi owned and the amount Lout
Island..........
a.mnxmt. 234 Englotvood &Cklee«o Elee.rcctT« 180
of mock •Httesnodiog Ktutifl the »uas as last year, s a V 61, Lnuisv. N A. & C h -s o lfs jfti; coup. 2 3 1 K ings County K ie v .. .tiefautt; eom . 8 S
O bl'i Southern. ..................AeposiU . 181 Luke Street Kiev. (C h icagoj/orecl. 1 3 4
p. 230, —Bp j
O hio V a lle y ............— com m ittee, 288 M etrop oL W . 8. E l„ C h ic_____ re vr. 1 8 1
Do
do
... .. c o m . -23 I, - 2 8 7
p, !rni'!;7 <. AT?c —The earnings, etc., hire been compiled Oreg. Short L in e & U. N .coup. 181, 288
P oor
D ecatu r .% K va n sv.. .fo r te 1* 235N ashville S t r e e t ...............
control. 1115
for the CiiaONiCIJS as follows:
Do
do
a...COUP. 288 Pa, T rac. (L ancaster* ..rccw%969, 1011
K
C * r * S S E S *Xi» O H A BO M ,
1893.
$554,957
4 74.322
1991,
*552.095
441,954
980,035
$57,182
.**..•*,,
. •.... ...... (1%) 88,441 0 H ) 115,323
*83,141
j|- .1 3 s,440
0f®«* vtfmipiM
...
Jfpupr’Miiiiie
SHw
m
M
U
.......
. . . . . ..
1806.
9545340
488.658
$18,741
35,972
def. $34,688
70.640
anr. *29,701
40,939
.31 . . . . .
$54,713
..
1,135
03
... ...........................
..........
30,151
.. ........
1,031
...... .
2.426,792
. . . . . . . . . . -1.437,005
*35,972
1,418
89
30,309
1,030
2,306,302
4,5-*2,395
6,457,346
$70,660
1,362%
86
29,932
1.033
2,204,359
4,3*3,953
6,519,159
... , .............
».* . **.:
Pferkni#
Twisfei ttirp'la*
om -rs.
—V, m Mp, 230.
(R eport f o r year ending Dee, 31, 1S96.J
President Henry B. Stone, in his report read at the animal
meeting in Onicugo on Jan. 30, said in part:
C v n * t r u r t i» n —lu 1898, there has been expended on extraordinary
»s.'o«t!urtii,a
J, winch will be charged to maintenance ac
count teforo the closing of the books. There has also been expended
in Hew .-..n-in.:.-!i.m, a p p r o x i m a t e l y , <700.000, of which $125,000has
....... , j.
c .'Xfhincea and $171,000 on metallic-circuit toll
I !,. * 1he iiriueltml exchange work hssbeeaat Toledo and Columbus,
Ohio, a id Ionian .polls, lad. The company now has a foundation
plant, in its ■-xUlh g exchanges, sttflltsient to provide for an Increase
of Ailor erti * ri up to 50.000.
During the year there have been completed, approxlmatelr. 5,000
inileau! who el Sell Unci -si m between towns connecting exchangee
—making the t*ual number of miles of wire now In operation nearly
HM-tw, two--thirds « f which are copper-metallic circuits of the most
modem type- These faculties in cooneotlon with the lines of the
lsong tH.tauce Company, nillord moans of interenmirmnloation between
:
in lit 111 of the conn .rv lying between
IP
mi I! I
rsiciv should lie, however, in
tin* year, euuriderabie Increases to these toll line*, portiouiarly In
Illinois, In orm r to meet tin: requirement! of the immediate, future.
.Vnr /
u. K ir. A first mortgage of $ <,000,000 was placed on all of
the property of the company on the first of July, 1896. Of these
bonds $ 1.2,6,000 have been sold end paul fur at 07*9. At the close of
lbtiu ibt-rt- whs a total unfunded debt <>t *100,000. Construction
■wort vrtli require this. year, say, saoo.OOD. If net- earnings to the
extent “ l *2i,o.000 are. devoted to this, and adililionai bonds are sold,
hr.: sing she total amount outstanding up to $2.00 ',**00, all this work
will be accomplished and the out! of lt>97 find the company out of
debt, except its bo ols, with th» whole of its territory well covered
with a plant <>l the must modern character, practically new, its average
age being shout thr, e years. Its earning capacity should then be
•nf)trl> nt fully h> maintain its property at the highest standard of
efflefener, pay interest on Its hernia and leave a good surplus.
C o m p e l,im n .-There was in IS98 a considerable net gain of exchange
subscriber h, but the number of oompetlng exchanges in towns where
this company was already established was so great as, for the time, to
largely nullify the expected increased earning! from this souroe, by
forcing ra'»< ncl w the coat of doing the business. This competition is
baaed <>n entirely wrong estimates of the oast of doing the telephone
busiursa; hut wi.lle it lasts it is, from its ignorance, the more severe.
hi.:; .... ..I..;.. Hiibii ii.ive been tu operation for
an j length «f tune have insolvency directly in front of them. As yet
the opptrsitinn only have ioil liner radiating from a few of their larger
exchanges, but uothiug which is comparable to the stateaudlntert»ic. w-jvicB given by the mctalUo-clreult toll lines of this company
and the hong Distance company.
8
Tie- following directors were elected: C. H. Brownell, R.
C. dowry, C. K. Cummings, Arthur G. Fuller, F, H Griggs,
W, A. Jackson, J. Bussell Jones, M. G. Kellogg, Henry B.
Stone, John F, Wallick, Norman Wiliiama,
Earningft.—The earnings, etc., have been :
1*98.
.
9.11
1895.
*
1,3 45,7 H »
1894.
*
1, 123,070
1893.
*
1, 336,876
expenses.......... .......
1,020,311
K .ftd ti'-........ .
Interest.....................
*301,620
64,521
*374,019
23,124
*405,988
............
*380,307
............
» t e .w r ,!■>,•*.......
Dividend*......... .
$>37,099
60,053
*351,495
330,265
*405,988
330,625
*380,807
330,000
Surplus.,.. ..........
<171,046
*21,230
$75,723
$50,307
971,001
1,017,082
956,569
The company's capital stock is $6,605,WO.—V. 68, p, 153.
GENERAL
INVESTM ENT
NEWS.
Krorganizutioris, file, -la te s t Data as to Defaults, Rearaanizaikm Plans, Payment o f Overdue, Coupons, Etc.—A.il
facts of this t«uun> appearing since the publication of the last
homes of th<- i •>vk- r ius' and Stubs? Railway Soppbbments
may i«> readily found t,y means of the following iadex. This
todex dovenot include matter in today’sChronicle.
^
For some small street railway companies see index in
CliiiOSlCLihs of December 76, ISM, and January 16, 1897,
Note.—Full-face figures under street railways refer to
Volume 6i,
235 P e o p le ’sIiy,.S t Louis.fn.t. deferred 18 1
181 Sandusky E le c tr ic (O h io ). recw .'i'.i#
181 Savannah E le c tr ic .......... ....... ..sold 8 3
236
S oraaton T r a c tio n ................ consol. 8 5
287 S eattle C onsol. S t ___ , M ld.1011,1084
288 S eattle T ra ctio n (W a § h .). . . . reorQ.tZS5
20
Streator ( ill.) R v . ..................... reevr. 070
283
T a co m a R v . & W a te r . . . . . . . . . .sole. 1180
Amertem 8 ig*r It-ilulng— A m o u n t o f S u ga r R efin ed .—
Th" Sp'oiai State Gom niaston on Trines lias been examining
the officers of this company regarding iis history, organiza
tion, etc. An a tide on the investigation appears in our edi
torial columns. President Theoiore A Ravem-yer oo Sat
urday testified that the company now rdines about 7o per
cent (1,200,000 tons) of the country's total output of refined
sugar as against 90 per cent formerly.—V. 61, p. 133.
Atchison Topeka & Sauta Fe tty ,— L is tin g o f S t o c k - A l s o
o f S ecu rities Issu ed f o r A , <& P. B onds, E tc .—Oa the New
York Stock Exchange have been listed the following :
G eneral M ortga ge 4 per cents, Issued lo r oar trusts ........
G eneral Mortgage 4 per cents, issued aurt delivered for
Control Union Telephone Company.
Ittv.
PtitL Rcud. A Ntjw Eng,. m » ry .lS i,
O ulncy Oruahft .fc K . C ............. .safe.
St, Clair MndiftMn xk S L L .B elt.rccer,
SU arpsvillo R i i . ....... .
reeor.
South C arolina M id la n d .. . . . .reeve.
T e n n e sse e Central . . . . . . . . . . forecl.
O nion Pa<da<j.,.../<»r'«L w r e e m w t .
Do
P . consols.
$379,000
the eqnisiiton of the Western Division first mortgage
hoods of tile Atlantic & 1‘ uoifio HR...............................7.
8,400,000
3,000
G eneral Mortgage 4 percents, issued for other bonds........
P re fe r r ed Slock, issued and delivered for.th e acquisition,
of the Western Division, first mortuago bonds of the
Atlantic <s Pacific RR.........................-.1 ...........................
9,200,000
P ref. Slock, 87 1 shares delivered to a syndicate under con
tract with the reorganization committee, and the bal
ance now being delivered to the holders of reorganii itlon certificates for common stock of the Atchison
Topeka & Santa Fo RR. Oo..................... ............................ 10,200,000
C om m on Stock . —Of this stock 8,7X5 share* have been de
livered to a at tniioftte under contract wtih the Reorgan
ization Committee, an i the balance is now h -ing de
livered to the holders of reorganization certificate- (or
common stools of the Afceh. T ojek a *S a n ta Fe RR. C o.. 102,000,000
The general mortgage 4a listed to this date aggregate $105,932,000 and the preferred stock $119.657,300.—V. 64, p. 236.
Atlantic & Pacific Rft.—In com e B on d hold ers' P r o te c
tiv e C om m ittee.—D ep osits Called f o r . — A committee con
sisting of Jules 8. Bache, of J. 8, Biche & C o.. New
York; Henry W. Dxdd, of Richardson, Hill & Go., Boston;
Wm. J. Quinlan, Jr., of Chemical National Bank, New York;
Edwin Einstein, New York, and N. W . Jordan, of
Boston, with William Strauss as counsel, has been formed
to protect the In com e B on d s ( W e s t e r n D ivision . ) Atten
tion is called ‘‘ to the value of the property, including
all land grants and extraordinary priwilegfs, sought
to be foreclosed without attempting to recognize any equity
or value beyond the first mortgage.” The committee be
lieves its efforts will “ undoubtedly be strengthened by the
attitude of Oongr, as as indicated by its recent action in the
rejection (by the House of Representatives by iis vote of 71 to
148) of the conferrees’ report on the Atlantic & Pacific bill,
whereby it was sought to perpetuate the charter of the com
pany at the expense of the junior security-holders.”
Holder of income bonds desiring to co-operate must deposit
their bonds on or before March 15, either with the Manhattan
Trust Co. of New York or the American Loan & Trust Co. of
Boaton, and deposit the sum of $1 25 per bond of $1,000, to
be used as a guarantee fund for the committee’s expenses.
Trust Company receipts will be issued. See advertisement in
another column.—V. 61, p. 286.
Baltimore City Passenger JR-y,—C ertificates o f In d eb ted
n ess. —The stockholders will meet Feb. 15 to authorize an
issue, of $500,000 of 4J^ per cent gold certificates of indebted
ness maturing Nov. 2, 1911, with which to fund the floating
debt and to provide means for improvements.—V, 63, p. 1008.
Baltimore & Ohio RR.—C ar T rusts A u th o riz ed f o r 1.000
New B o x C a rs. —i'he United States Court has authorized the
construction of 1,000 additional box cars to be uuiit by the
Missouri Car & Foundry Co., under a contract with the
Akron & Chicago Junction RR , which is part of the B & O.
system. They are to be delivered at Sr. Louis by May 1.
In consideration of its traffic being given a preference, the
Fairport- Warehouse & Elevator Co. is To advance a cash pay
ment of 10 per cent on the delivery of the cars, The balance
of $462,600 is to be divided among forty lease warrants for
$11,565 each, payable quart rly, and bearing 6 per cent
interest. The cars are to b j paid for by their mileage earn
ings at the rate of 6 mills a mile, the B & 0. receivers agreeing to make good any deficiency. After the warrants rave
been paid the 10 per cent Cxsh advance is to be made good
out of the mileage earnings, and the cars are to become the
property of the Akron & Chicago Junction RR.
The receivers in their petition say in substance:
"Notwithstanding tho rerant additions to ihe oar equipment of the
B. & O., the balances against ua on aocount of foreign oar mileage
have increased because of the large increase in traffic. Through the
agreement we ahali obtain the use of much-needed oars without any
cash outlay oilier than the payment o f mileage, whioh will be applied
to the purchase of the oars and finally vest their title in a company
whose stook is owned by the B. & O. This same mileage has been
THE CHRONICLE
F e b b u a r y 13, 1897s]
329
the floating debt and provide for future capital requirements.
The issue is not to exceed $3,000,000 in coupon bonds of $1,000
Boston Etevateil ft ti. —West End Street By —Oa Wednes each, dated Jan, 1st, 1897. with interest at 6 per cent per an
day a bill was introduced in the Massachusetts Legislature to num, payable semi annually on the first days of January and
amend the charter of the Boston Elevated RR (Jo , giving it July; principal due January 1st, 1947. The oimpany is to
authority, among oth»r things, to lease the West End Street have the right to retire the bonds on any first day of January
Ry. A Boston paper furnishes the following summary of or July at 105 and accrued interest.
“ The ac ual floating debt amounts approximately to $930,000
the company’s plans:
and has been incurred for construction and equipment as de
I t Is proposed to le a se th e e n tir e W est E nd s y ste m and o p erate th e
“ I,” and th e surfaoe cars in harm on y.
T here w ill he a trunk tailed in the annual reports. Against the fliating debt there
s y ste m from G uild B lock, D u d ley S tre e t, R o x b u ry , to S u lliv a n
is in the treasury $112,000 Erie RR Co. 6 per cent construction
Sq u ate, C harlestow n; branch lin e s from B ra ttle Sq uare, C am bridge,
notes received m payment for advances in double-tricking
to S e o lla y 8quare; fro m th e ra ilw a y term in a ls a t th e sou th ern
U n ion aDd north ern U nion d ep o ts, co n n e c tin g b o th an d m a k in g a tour the Erie RR. Co.’s line between Mount Jewett and Jibnsouo f th e w a ter fro n t A n e w su b w a y w ill h a v e to be b u ilt o n C am bridge burg. These notes are paid at the rate of $1,000 monthly.
S tre e t, e n te r in g a t J a y S treet, B ow doin S treet a n d Court S treet to
“ It is the policy of the present management not to resume
E collay Square. T he n e w oom p any w ill bear a ll e x p e n s e s o f th is w ork.
E le ctric ity w ill he th e m otor pow er. The c u d t a l sto c k o f th e co m p an y dividends on tbe preferred stock until the floating debt has
w ill be from $ 1 0 ,0 0 0 ,0 0 0 to $ 2 0 ,0 0 0 ,0 0 0 . T he oom pany offers to pay been funded. Authority is asked for an issue in excess of the
on e-h alf of 1 p er c en t o f its gro ss e a rn in g s o f e le v a te d and lea sed lin es amount required to fund the present fliating debt, in order to
to th e C om m onw ealth. If th e c unpany p a y s 4 per c e n t or le s s th an 6
p e r c e n t d iv id en d o n sto ck , it w ill p a y another one-h alf o f 1 per c en t provide for n°w equipment and c instruction which m aybe
o f g ross r eceip ts. Should it e x c e e d 6 per c e n t d ivid en d s, it w ill liv id e
necessary in ordj r to transact our increasing business.”
it s e arn in g s ab o v e t h a t p o in t w ith th e C om m on w ealth The co m p a n y
Earnings —The earnings for tbe six m mths etidiug D ic. 31
w ill u se the tw o th rou gh tracks in th e su b w a y . The c o m p a n y a sk s for
lo c a tio n and 5 -e e n t fares fo r th irty y ea rs.—V. 62, p. 868; V. 61. p. 236. are stated in the circular as follows.
p a i d o d fo r e i$ r n o a r s , a n d l i a s i n u r e d e n t i r e l y t o t h e b e n e f i t
c o m p a n i e s i n w h i c h t h e B . & O. h a s n o i n t e r e s t . — V. 64, p. 2 3 2 .
of
th e
6 m onths
Gross
Net
AU
B a la n ce,
Boston & Maine KB.— Quarterly .—Earnings for the quarter to Dec. 3 L—
ea rn in gs.
ea rn in g s.
su rp lu s.
ch a rges.
$ 3 0 9 ,2 7 7
$ 4 3 3 ,2 41
$ 1 7 6 ,0 3 6
and the six months ending December 31 have been reoorted 1896 ................ .$ 1 ,7 9 5 ,0 3 4
......................
1
8
9
5
J
,8
3
7
,0
2
5
4
9
8
,9
3
3
4
2
9
,0
0
9
6 9 ,9 2 3
as follows. Net earnings for the six months iu 1896 are — V. 64 . p. 2 3 3 .
shown after deducting 8285,015 for new equipment and $84,BniF.lo (Street) Railway. —Q uarterly .—Earnings for the
647 for air brakes, etc.
quarter and the six months ending December 31 have been re
Gross
N et
Other
In terest,
B a la n ce,
ported as follows. These figures do not include tbe Cross
3 m onths
ea rn in g s, ea rn in g s, in com e,
taxes, etc.
su rp lu s
en d . Dec. 3 1 .—
$
$
$
$
$
town St. Ry., 76 miles, whose report has not yet been received:
1 8 9 6 ..................... 4 .9 0 0 .9 9 3 1 ,4 4 4 ,0 0 1 1 c O,735
1 8 9 5 .................. 5 ,1 8 3 ,9 3 3 1 .3 8 4 .6 0 i 1 7 2 ,4 3 5
1 ,3 2 1 .4 2 7
1 ,3 0 1 ,-5 5
3 0 3 ,3 3 7
2 4 7 ,1 1 6
6 m o n th s —
1 8 9 6 ................... 1 0 ,4 1 3 ,2 4 2 3.239.5R 9 2 3 3 ,3 2 5
1 8 9 5 ................... 1 1 ,1 5 6 ,9 3 9 3 ,4 9 1,412 3 1 8 ,6 0 3
—V. 63, p. 879.
2 .6 1 1 ,2 1 2
2 ,6 0 1 ,5 6 1
9 1 3 ,6 3 2
1 ,2 1 3 ,4 5 5
Brooklyn Elevated RR.— K'ngs Cmnty Elevated RR. Brooklyn R ipid Tr luslt—Nassau Electric R 8. — Experts
A pprove the Running o f Tro'ley and Elevated Cars Across
the Bridge.—The expert engineers Virgil G. B gue, George
H. Thompson and L ffert L. Buck have made a report in
which they say:
“ From an engineering or operating point of view, we hare
discovered no adequate reason why, under suitable contracts,
the cars of the surface railroads and Ihs trains of the ele
vated railroad*, or either of them shouli no be permitted to
operate on the bridge.”
The surface cars going to New York, it is proposed, shall
use the north side of the north roadway, shall go around an
elevated loop at the New York end and return by the south
side of the south roadway. Convenient terminals would be
provided at the New York end, and on the bridge the cars
would be kept at least 102 feet apart in order to distribute
their weight.
The elevated railroad cars would use th : same tracks as the
bridge railroad, and would be fitted with a cable grip, such
as the regular bridge cars use. and with similar braking ap
pliances, and one car in each train would be fitted with
electric motors and aopliances of the same' stvle and power
as those of the regulir bridge motor cars. The cars would
also have side doors like the bridge cars.
A communication from the presidents of the Brooklyn ele
vated roads, emboiied in the report, is as folio vs :
A t t h e o n t s e 'w e d e s i r e t i s t a t e t h a t i f t h e a u t h o r it ie s sh o u ld p e r
m it e le v a t e d r a ilr o a d t r a in s t o c r o s s th e r a ilr o a d o r th e bridge, our
r e s p e c t iv e o o m p a n ie s w o u ld by m erger, traffic a g r ee m e n t, o r o t h e r
w is e , o p e r a t e o u r r a ilr o a d s u n d e r one m a n a g em en t, and th a t our
t r a in s , w h ile o n t h e b r i d g e , w o u ld b e u n d e r t h e a b s o l u t e co n tro l and
s u b j e c t t o a ll th e r o le s a n d r e g u la t io n s o f t h e bridge m a n a g em en t.
The report was referred to a committee consisting of Mayor
Wurster, Comptroller Palmer and Mr. Henriques, with in
structions to report at a special m-e.ing of the b « r 1 next
Tuesday afternoon, WilLiam Berri has been mad* President
of the Biard of Trustees of the badge to succeed Mr. Howell
deceased.—Vo'. 63. p. 1010; V. 64, p 83, 233, 283.
Brooklyn Heights RR. —Brooklyn Rapid Transit Sys
tem.—Quarterly —The Heights Company operates all the lines
of the Rapid Transit Sys'em, except the B o 'k ly n Q leens
County & Suburban, which is derated separately. Eirnings
for the quarter and the six months ending December 31:
B R O O K L Y N H E IG H TS R A IL R O A D .
Gross
Set
Other
3 m onths ea rn in g s, earn in g s,
in com e.
entl. D ee. 31—
*
$
$
1 8 9 6 ........................1,06.3,170 4 3 0 ,3 7 2
5 9 ,6 1 4
1895
............1 ,0 1 5 ,0 6 3 3 7 6 ,8 6 4
5 4 .4 4 4
6 m onths.
1896
........... 2 .2 5 3 ,0 4 1 9 4 6 ,7 3 6 1 2 0 ,9 4 1
1 8 9 5 ........................ 2 ,1 6 5 ,3 4 3 8 8 8 ,7 8 6 1 0 9 ,2 3 3
In terest,
taxes, etc.
$
B a lan ce,
sur. o r def.
4 3 1 ,4 8 6
5 2 9 ,9 1 2
$
sur. 8 ,5 0 0
dor. 9 8 ,3 0 4
9 3 7 ,4 3 1
1 ,0 4 6 ,6 3 8
8'ir 8 0 ,2 4 5
d ef. 4 3 ,6 1 9
B R O O K L Y N Q U EE N S CO U N T Y * SU B U R B A N K R .
3 mos. to D ec. 31.
1 8 9 6 ........................
1 8 9 5 ........................
6 month*.
J 8 9 6 ........................
!8 9 5 ........................
1 7 8 ,2 1 8
1 5 9 ,2 0 9
62,7 5 1
3 7 ,1 3 2
2 ,1 5 7
1 0 ,4 6 8
8 9 .2 8 3
8 4 ,6 3 5
sur. 2 4 ,3 7 4
d e f 3 7 ,034
3 3 0 ,0 2 4
3 4 8 ,7 9 9
1 5 1 ,0 3 4
1 1 8 ,3 7 4
4 ,5 4 0
1 3 ,3 6 3
1 7 8 ,0 8 9
1 0 9 ,1 3 5
sur. 2 6 ,2 6 4
d ef. 3 7 ,3 9 7
3 m onths
G ross
end. Dec. 31. ea r n in g s .
X et
ea r n in g s ,
Other
in com e.
In te r es t,
taxes, etc.
B a la n ce,
su rp lu s.
1 8 9 6 ................ $ 3 3 7 ,9 9 0
$ 1 - 0 ,7 0 2
1 8 9 5 -.
..
3 4 1 ,9 7 5
1 7 7 ,3 8 0
6 m onths —
. $ 6 8 8 ,7 1 8
$ 3 4 9 ,2 5 4
1896
1 8 9 5 .................
6 9 0 ,0 1 3
3 6 1 ,2 6 1
$ 6 ,0 0 0
6 ,1 2 2
$ 1 0 8 ,0 2 4
1 0 5 ,1 1 7
$ 6 8 ,6 7 8
7 8 ,3 0 5
$ 1 2 ,0 3 4
1 2 ,1 1 0
$ 2 1 2 ,4 5 1 $ 1 4 8 ,8 3 7
2 1 0 ,2 5 5
1 6 3 ,1 1 6
Loans and bills payable D*c. 31, 1896, $826,433, against
$763,029 on Jun-> 30.—-V. 63, p. 1156.
Burlington Electric Ry.— Burlington Railway & Light.
—Reorganization and Consolidation. — The reorgauiz irion
committee of the Burling on Electric Ry., consisting of E. I.
K. Noyes, 53 State Street, Bis on; E. G. Mclnnes and Herbert
N, Smith, has arranged a reorganization based on a consolida
tion of the railway, when foreclosed under the first mort
gage. with the Burlingron Gas Sc Fuel Co. and the Burling
ton E'ectric Light Co. Under the plan a new company, the
Burlington Ry. & Light C >. (see V. 63, p. 838), will issue:
First m ortga gef) p e r cen t tw e n ty -y ea r 'b o n d s . wliioU w ill be
a first lien on a ll tb e property n ow o w n e d b y th e pre e n t
E lectric L igh t Co., th e G as Co. and th e S tre e t R y. Go . . . . $ 7 5 0 ,0 0 0
Of w hich to be reserved for a d litio n s to gas p l a n t ...............
ix j.c o o
To rake up old honds o f S treet Ry. an d for su b scr ip tio n s
271,000
P a r t p aym en t for E le ctric L igh t an d G as p la n t and for
a sse ssm e n t ...................................... ......................................................
gso.ooo
C apital st c k ................................................................................................$ 1 ,2 5 0 ,0 0 0
T he flr s t m ortg a ge b on ds o f th e str e e t ra ilw a y are sea led to 75 p er
cen t of th eir par valu e an d su b scrib e 25 p e r o e u t o f th eir h o ld in g s in
cash (equal to o n e-h a lf o f th e a m ou n t n ecessa ry to r e8 t th e road) ta k
in g In p a y m en t for th eir old bouds, a t 75 per cen t, an d f o " th eir 25 per
oen t su b scrip tion , first m ortgage 5 per c e n t bonds of t h e n e w c o m p a n ;. The second m ortgage honds pairing 2 0 per c ait su b scrip tio n w ill
receive par in new s t o c k ; If p a y in g t o per cen t w ill receiv e 75 per
oen t In sto ck , and if p ty in g no su b scrip tio n 50 per o en t in stook , n ew
bonds b ein g giv en for a m ou n t of su b scrip tion . Of th e bon ds $ 2 8 4 ,0 0 0
ou t o f $30 ',000 firsts and a ll the $ 1 2 5 ,0 0 1 seco n d s are d ep o sited under
th e a g reem en t w ith th e A m erican L oan & T ru st Co. of B o sto n .
As to the prospective earnings, the committee save:
The p lan t of th e L igh tin g Com p auv Is a mo ie r n p la n t ' f la te s t oonstrnotlon , w ith a c a p a c ity o f 3 0 0 are lig h ts , 6,'JOO to 8 ,0 0 0 in c a n d e s c e n t
lig h s, and h as am p le stea m p ow er and sp a ce fo r o p era tin g th e s tr e e t
r d lw a y . In add ition to th e e le ctric lig h t p la n t it h a s a s te a m -h e a tin g
p la n t, nsing e x h a u st steam , w h ich adds v ery la r g e ly to th e ea rn in g s.
The B u rlin gton Gas A Euel Co Is a now p la n t o f m odern tv p e , w h ioh ,
w ith th e a d d ition s n ow in co n tem p la tio n , w ill sn o w o v er $ 2 ) 0 0 0 n et.
T h is w ou ld g iv e th e n e w co m p a n y th e fo llo w in g ea rn in g cap a o ity :
N et ea rn in g s str ee t ra ilw a y p la n t, e stim a te d , $ 2 8 ,0 0 0 ; p resen t n e t
earn in gs E teotric L igh t & Steam H ea tin g p la n t, 1895, $ 2 7 ,5 4 0 ; B ur
lin g to n G as & F u el Co., n et, $ 2 0 ,0 0 0 . T otal n et, e s tim a te d , $ 7 5 ,5 4 0 ,
The m a n a g e r s o f t h e c o n s o lid a t e d c o m p a n y a r e t o h a v e a n
o p t io n f o r f o u r m o n t h s f r o m t r a n s f e r o f p r o p e r t t o n a ll t h e
n e w b o n d s a t p a r a n d i n t e r e s t . It is p r o p o s e d t o r e - ! a y t h e
r o a d w it h s i x t y - p o u n d r a ils a n d b u ild a b o u t 5 $ £ m ile s o f n e w
t r a c k to W e s t B u r lin g t o n , C r a p o P a r k , e t c
dc is h o p e d to
h a v e t h e r e o r g a n i z a t io n c o m o l e t e d a n d t h e n e w s e c u r i t i e s
is s u e d e a r l y in t h e s p r i n g . —V. 63, p. 41.
Canadian Pacific Ry.—Dividend on Common Stock. —The
directors have declared semi-annual dividends of 1 p »r cent
on the common and 2 per c-mt on the preferred stock, pay
able April 1. Y. 63, p. 1158.
Charlotte Eleclfdc Ry., Light & Power (Charlotte, N. C.)
—Annual Statement.—Oar attention has been called to the
statement made by this little S mtheru Company, whose
bonds are all owned by Charlotte Consolidated Construc
tion Co For two years past the earnings have been :
Tear en d in g
Gross
Dec. 3 1 —
ea rn in g s.
1*93 ................ $ 5 2 ,9 7 7
1 8 9 5 ................ 3 8 ,9 5 9
1Vet
ea rn in g s,
In terest
on bonds,
B a la n ce,
su rp lu s.
Total s u r •
Dec 31.
$ 2 5 ,8 1 3
1 0 ,2 7 0
$ 6 ,0 0 0
6 ,0 0 0
$ 1 9 ,8 1 3
1 0 ,2 7 0
$ 3 4 ,6 7 0
1 8 ,3 7 7
The Heights Company had loans and bills p lyable D -c. 31,
Chicago & Northern Pacific RR .— Additional Reorganiza
1836, of $434.00 >, against 8315 511 on June 30, and tbe Qoeens tion Certiftcrtes Listed. — The New York Stook Exchange has
County & .Suburban 8435,900 on Dec. 31, agiinst $310,000 — listed $430,000 additional certificates of deposit repres-mted
V. 64, r. 80, 233.
bv $430,000 first mortgage 5 per cent gold bonds held by J. P
Bulfiln Rochester & Pittsburg Ry. — Debenture Bonds to M rgan & Co. as managers of the Northern Pacific re trgsnibund Floating Debt, E ta —Presi lent Arthur G Yates has tion in excess of those to be retur ted in settlem tat of all
sent to tbe stockholders a circular which save “ A meeting of claims between the two companies. The total amount listed
the stockholders will be held in Ridgway, Pa„ on M uch 25, to date is $35,953,000. It is understood th it the plan of reor1897, to authorize an issue of debentures with which to fund ganizition may be forthcoming any day.—V. 64, p. 286.
THE CHRONICLE.
830
Columbus A Cincinnati Midland Kit.— Bsltlm »re A Ohio
K K.—Uondhoitltrt Suit —On February 9 Didor Rtvntr repre
senting the Middeiidorf Committee (atw V. 61, p. 333) brought
suit in United States Circuit Court at Baltimore against the
B. it O. reciivem to obtain payment of interest on the Colum
bus A Cincinnati Midland bond*. Judge Morris require 1 the
receiver* to show cause by April 8 why the application ah >uld
not be granted. Mr. Kayoer said that the suit was not hos
tile to the reorganisation of the Bil'im ore A O lio; that the
Midland bonds were amply secured by the earnings of th i
road and by the guiranty of the Central Ohio, which guar
ante was assumed by the B. A O. RR. Co.—V. 64. p. 333. 233.
Commercial Cable. —Official Statement as to the Com
pan y and Its .Veir Loan — The advertisement of Baring Bo'.heia ottering the £’ 100,000 of 4 per cent debenture stock, which
was recently sold in Lmdon at 94. contains substantially the
following letter from Mr. Maokay, the Presilent of the Com
mercial Cable Company, under date of J sn. 9, 1397:
Q b k t ix m * * : The Issue of which the d ibeniure stook you are now
eft"r1ug form* oart v » »u in >rtl<l for tin puro lose aud extea don of
the srsiein of the Po*ial Telegraph Cable Oo. The issue Is seoured by
a #r«t mortraae deed o f trust, canveylox to the Tanners' L >ai «
Trust O o . as trustee, the entire assets of the C imm*roUt Cshle C >.,
now owned or hereafter acquired, Iaoludla< those of the Postal Tele
graph Cable Oo. The mortgage h ss been recorded la te n e t the principal
cities Into which the linos of telegraph extend, aud the o o n m n y o >venaats to complete registration within one ye sr In all places where the
property Is not by that lime vested In subsidiary companies aud their
shares transferred to the trustee of ths mortgage.
In amount the mortgage is limited to $ 2 0 ,0 0 0 ,0 0 0 tour per cent
bonds, or the sterling equivalent In four per oent debenture stock,
via., ft4 ,12 0 .0 0 0 ; of this $ 1 5 ,0 1 0 ,0 0 0 have been Issued to pnroh ise
• 15,000,1X0 Postal Telegraph Cable Companv's shares and property,
• 1 ,0 0 0 .0 0 0 to pay for additions to the prop rty in vie last year and to
provide for eootemplated extensions during 1897, and $ 4 ,0 0 0 ,0 0 0
remain In the treasury for future requirements.
For the past three years (1896 partly estimated) the net earnings of
the land line* have been about sufficient to pay 4 per cent on their
purchase price. I believe that these lines will eontlune to be selfsupporting, and that the Interest charge lor their purchase will form
no harden upon the earnings of the ocean cables proper.
The assets according to the balance sheets Dee. 31, 1895, and the
net earnings In the year 1895 wear as follows r
A s s e ts
!fe t e a r n
in gs in '95.
D ee . 31.
Oommerelal Cable Co.................................. *1 ,2 1 5 ,3 9 7
$ 14,892,813
Postal Telegraph Cable Co........................
617.863
18,344, U 5
T otal.............................................................. $1,8 3 3 ,2 6 0
8 3 3 ,2 3 6 ,9 5 8
Am ount Issued under above mortgage.
$ 16,000,000
Interest on amount now Issued........... 8 6 4 0 .0 0 0
Apart from the Issue you are now making, the amount outstanding
Is widely distributed among holders throughout tbeU ulted States,
Canada and Knrope, or held by m yself; and [ undertake to sell none
of my own holding under par ror two years except with vour consent.
The Commeicial Cable Oo. has a share oapital of $1 0 ,0 6 0 ,0 0 0 . on
which 7 per cent dividends are p a id .
1 append the results o f Ibe t w o c o m p a n i e s ' o p e r a t i o n s f o r t h e p a s t
eight je a r a [We o m it y e a r s 1 8 9 0 . 1892 a u d 1894 — E d s .)
POST4L TKLEOBAI'H CAULK COMPANY.
H ite s wire. O ffices.
M e ss a g es .
R ec e ip ts.
1 8 8 9 ..
.5. 1 ,0 1 6
8 -8
6.078.361
*1 ,9 1 3 ,1 9 2
1 9 9 1 ..
.7. 6 .3 6 5
1 ,1 8 7
0 .271.768
2 ,*0 3 ,2 2 8
1 8 9 3 ..
1. 0. 1 .8 0 7
1 .6 0 5
1 0 ,2 41,194
3 .565,293
1 8 9 5 . __ 1 1 7 .3 4 4
2 .0 6 7
12,493,892
4 ,3 2 1 .2 9 8
le s r .
1 8 9 6 ..
T ear.
y c t e a .n 's .
$313,393
341,999
537,272
617,863
— Estimated 536,000
..
COMMERCIAL CARLE COMPANY.
S e t e a r n 't. D ivid en d s.
Surplus.
$ 2 0 1 .4 *0 $758,451
540 ,1 2 0
545,204
61 3 ,3 7 6
444,370
1895
700 .0 0 0
515,398
1 3 9 6 ..
.
8 0 0 .0 0 0
O f this surplus 81.010.C0 0 has been expended iu repayment of
AOOO.COOalx per oent debentures.—V. 64. p. 180.
i asi.....
i * » i ____
1 3 9 3 .. . .
Eau Claire Light A Power—Incorporation. —Thiscompany,
with capital s'f'Ck, $100,000, has been incorporated by A. J.
Keith, N. J Wilcox and H. A Patton, presumably »* succwwor to the Eau Claire Street Ry. Light A Power Co,, of
Estu Claire, Win., foreclosed Nov. 17,1890.
Englewood A Chicago Ky.—Foreclosure Suit.— The receiv
ersliip suit ha* been extended to cover foreclosure. The bill
charg- s that the company is insolvent and unable to p ,y the
interest on its bond issue Tne issue authorized is 62.500,000
hut only 1700,000, it is said, has been sold.—V . 64, p. 180.
Forty second Street H intiaUanTlIte A St. Nicholas
Aveane Ry.—Quarterly — Earnings for th e quarter and the
six months ending December 81:
$ months end.
Gross
Doe, 3 1 .
earnings.
i 84»6.............
9 5 . . . . , ........
6 months~
1996 . . . ------1995.................
$171,24 4
Set
earnings.
155,506
* 2 .,5 *6
15,738
$359,514
315,627
$ 62,397
41,888
O ’h e r
income.
# 2 , i oo
1 .0 0 j
$3,1 0 0
2 .0 0 0
interest,
B x la n e e ,
loses, etc. su r. o r drf.
$26 ,7 5 0 s u r . $ 1 4 6
28,2 5 0 dof. 11,512
#59 ,9 5 0
5 9 ,9 5 0
•ur.$6,547
del. 15,06 2
Loans nod bills payable Deo. 31, 6175,000, agtinst 665 000
on June 30.—V. 63, p, 838.
hansa* City Pitlsbnrg A fiuir iU l.— Through Line, to Open.
March 3. ( I n l y five miles remain to be graded on the entire
line. B is expected to begin passenger service from K insas
City to New Orleans and OalveBton on March 8, although the
line will b« in shape to ship through freight at an earlier
dwe.— v . 64, p. 184.
Kings County Elevated
RR.—Long Island
Lykea* Yalley RR. A 0 * 1 .— Northarn Cmt.ral — Xew
Lease.—pa Jan. 20, 1836, the Summit Branch RR. Co. de
faulted on the r e iu l due that d iv to the Lykens Valley- RR.
A Coal Co. Consequently the lease was canceled. Oa April
30, 1896, a new lease was made by the Lykens Valley RR &
Coal Oo. to the Northern Central RR., which com oany had pre
viously sub-let the pioperty frem tne Summit B-anch Com
pany. The new lease provides that the rental shall be $35,000
yearly. Tne dividends on the $610,000 s ock are therefore
payable at the rate of 5 per cen; per annum in place of 10
p?r oent as formerly. Tne lease is terminable oa sixty days’
notice by either party.—V. 62, p. 338. 500.
Metropolitan Street Ry. (N. Y. City).—Quarterly.— Earn
ings for the quarter and the six months ending D icemher 31:
3 m os.
en d . D ec.
31.
G ro ss
e a r n in g s .
1 9 4 6 ............. $ 2 ,27 2,754
1895...... 1,938,121
6 m o u th s .
1996 .....
Its J fs s tr s . K s e l n s B r o th e r s & C o ., L im it e d , L o n d o n :
[VOL. LX IV.
4,419,813
1 8 9 5 ............... 3.370,516
R et
ea rn in g s.
O th e r
in c o m e .
$ 1 ,0 8 1 ,4 0 7
9 1 2 ,1 0 5
$1 2 9 ,9 3 5
3 8 ,1 5 6
1 ,9 9 9 ,5 8 7
1 ,0 4 4 ,1 7 8
2 6 1 .1 7 2
8 7 ,7 4 3
In terest,
ta x e s , e tc .
B a la n c e ,
$ 7 9 3 ,2 2 6
5 9 2 ,8 0 6
surplus.
$ 4 1 8 ,1 1 6
3 5 7 ,4 5 5
1 ,5 78,811
1 ,105,93 3
6 8 4 ,0 4 9
6 2 5 ,9 8 3
There are no important changes in the balance sheet since
that of Sept. 30, 1396, given in V . 63, p. 932.—V 64, p. 135.
.Metrop ili tan Traction, New York — Contracts A w ird ed —
President H H. Vreeland, on Feb. 13, gave out the statement
that contracts had been made for the engines and the elec
trical machinery necessary to equip the Sixth, Eighth and
Amsterdam Avenue lin s on the west side of the city and the
Fourth and M idisoi Avenu i lines on the east sids, and also
the Fifty-ninth Street cross-town line, and that the system
adopted was the underground electrical system now in opera
tion on the Lenox Avenue line. Mr. Vreeland states that de
fects in the system have been remedied from time to time
and “ that the large expenditure of m ioey necessary to im
prove the longitudinal lines is warranted by the operation o f
the experimental line.” —V. 64, p. 235.
Minneapolis A St. Lonls R R . — Statement f o r H a lf y e a r .—
The statement of earnings and expenses for the six months
ending Deo. 31, 1896, and 1895 are as follows :
6 months
Gross
yet
to. Dec. 31—
earnings, earnings,
1 8 9 3 .....................$ 1 ,0 9 7 ,1 5 5 $ 4 9 2 ,3 9 8
1895 ................... 1 ,131,024
5 1 0 ,4 0 0
Other
income,
$ 4 1 ,1 2 3
5 2 ,0 3 0
Diterest
D ividend
on bonds,
on stock.
$ 2 9 0 270 $ 1 2 2 ,5 0 0
2 9 0 ,2 7 0 1 2 2 ,5 0 0
Leaving a surplus over dividend of $123,744, against $149,721
for the same period of 1895.—V. 63, p. 697, 711.
Mortgage Trust Co. o f Pennsylvania. —Debenture H olders
asked to reduce interest tem porarily . —The President o f this
Philadelphia company, James Aylward Develin, his made
the following statement:
The oompanv has requested its debenture helders to reduee the rate
of interest to -4 per oent clear of State tax, temporarily, nntil tne gen
eral business conditions Improve to an extent to warrant a return to
tbe form«r rate of 5 per cent. The amount of the abatement is to be
repaid before any dividends are declared on the capital atoon.
The company has handled Western farm mortgages and on
Nov. 17, 1896, had outstanding $500,000 capital stock and
$3,899,000 debenture bonds. It was also liable for dj p tsits of
$117,587, contingent fund, $102,083; undividel profi s, $33,362 O j the other hand it had cash $4,401; due from banks,
$56,929; call loans, $193,500; loans on bonds and mortgages,
$4,098,017; real estate, $200,500; miscellaneous, $128,688 ;
total, $4,682,036,
Nashville Chattanooga A St. Louis Ry .— Consols f o r $500,000 Listed.—Oa the New York Stock Exchange have been
listed $5 )0,000 additi mal firs; consols, $380,000 o f them hav
ing h*en issued upon the Rome RR., from Kingston to Rime,
Ga., 18•15 miles, $86,001 upon a branch from near Centrevilla to S-van Creek, 4'3 miles, in Hickman County. Tenn.,
and $54,000 upon an extension of the West Nashville Branch
Ry., 2'7 miles, ia Davidson County, Tenn.—V 64, p. 135.
National Linseed O il.—M ortgage f o r $1,500,000 Filed.—
The following official statement has been furnished us:
“ Tne company has placed a first mortgage on its orincipal
plants to secure an issue of $1,500,000 of 15 year 6 per cent
bond*. The o b j 'C t is to increese the working capital, retire
floating deb; and outstanding debenture b indft. Tne Central
Trust Company of New York is trustee. This does not increase
the indebtedness and will much improve the financial con
dition of the company.” — V. 63, p. 1060.
New York Biscuit .—A nnual Statem ent .—The net earnings
for 1396 are reportel by telegraph, after deducting all
lix*d charges, as $558,000 [contrasting with $633,080 in
1395 and $545,390 in 1894]. There has been charged off the
surplus account during the year the total sum ot' $306,445.
By the sinking fund, bonds have been retired to the extent of
$60,000. Th“ company owns intproved real estate worth from
$200,000 to $259,000, which may bs disposed of as the market
improves. The bills payable Jan. 1. 1897. aggregated $770,034,
and the ontstanding bonds were$1,219,000,—V. 64, p. 135.
hew York New Haven A Hartford RR.—Quarterly .—
Etrnings for the quartet and ths six months ending D 'C . 31:
3 m o n th s
e n d .O t c . 31.
G ro s s
e a r n in g s ,
yet
e a r n in g s ,
O th e r
in co m e.
in ter e s t.
ta x e s , e tc.
B a la n c e ,
s u r p lu s .
E le c tr lc R R .- 1 8 0 6 ............ $7,3 8 4 ,6 7 7 $ 2 ,4 0 1 ,1 2 4 $ 1 9 0 ,4 9 9 $ 1 ,6 7 9 ,6 7 2 $ 1 ,0 1 1 ,9 5 1
. 7 ,8 0 7 ,4 3 3
1 ,7 8 7 ,9 0 0
1 7 0 ,9 8 7
1,8 2 5 ,8 7 7
1 3 3 ,0 1 0
Thravgh Cars to Far Hockatroy . — Justice D.ckey of 1 8 9 5
the Supreme Court, in Brooklyn, has authorized the receiver 1 809mos.—
6
..................... .$ 1 5 ,2 7 7 ,6 0 8 $ 5 ,2 2 3 ,5 4 4 $ 1 0 0 ,5 2 4 $ 3 ,1 4 3 ,3 4 2
of ibe Kings County Elevated R iiiroad to mike a contract 1 8 9 5 ............. 1 6 ,1 29,888 9 ,0 3 6 ,2 0 2 2 3 4 ,5 3 2 3 ,3 9 1 ,2 4 1 1,9 2 1 ,5 2 3
with the Long Island Electric Rtilroad for the connection of
From this surplus of 1836 ($2,380,726) dividends for the six
the two system# and the running of through cars from the months call for $1,899,033, leaving a b dance of $181 693.
B^!?k 7L r .n £T *° hV R,,ck» 7 » J
Through cars, it is said,
Following is the balance sheet of Dicembpr 31, 1896. Oa
will probably be tunning in July.—V. 62, p 779; V 64 p 83 June 30, 1896, loans and bills payable were $6,650,000.
$ 2 ,3 9 0 ,7 2 6
F ebruary
13, I8b7.j
THE CHK0N1CLE.
CONDENSED GENERAL BALANCE SHEET DECEMBER 3 1 , 15 9 6.
A s s e ts —
C ost of road & equip . $ 5 1 ,2 0 0 ,3 6 6
S t’i s . lea sed llo e s r e
c eiv ed io e x ch a n g e
8 ,8 2 5 ,0 0 0
Stock s an d
bonds
o th er cos o w n e d .. 1 5 ,6 2 8 ,3 2 8
O ther p e r m a n e n t In
v e stm e n ts
-----9 2 0 ,8 3 8
Su pplies ou h a n d ___
1 ,7 9 2 ,1 9 0
A corned in te r e st........
6 0 4 ,8 1 2
D u e b y a g e n ts and
o th er s..........................
1 ,9 7 5 ,9 5 1
B ills r e c e iv a b le _____
4 J 7 .6 6 I
5 5 ,4 5 6
C ash on h a n d ..............
C on tin g en t a s s e t s ...
2 ,1 3 1 ,7 2 6
E x p e n d itu r es n o t d is
tr ib u te d __ _______
1 ,6 4 2 ,6 2 0
M isc e lla n e o u s..............
1 7 8 ,9 5 0
Op. e x p , ta x e s and
ren ta ls . . . . . . . ____
1 3 ,3 7 5 ,7 1 8
D iv id e n d s ...________
1 ,5 9 9 ,0 3 3
T o ta l.........................$ 1 0 0 ,7 0 8 ,6 5 1
L ia b ilities —
C apital s t o c k ............. $ 4 7 ,4 7 5 ,7 0 0
4 .3 0 0 .0 0 0
B onds ............................
D ebentures ................ 1 6 ,3 9 7 ,2 0 0
2 0 0 ,0 0 0
B o llin g stook c t f s .. ..
L oans an d b ills p a y
8 .7 4 8 .0 0 0
a b le ..............................
2 9 8 ,2 9 1
I n te r e s t a o eru ed ____
3 4 0 ,5 3 2
B e n ta ls aeo ru ed .........
D u e for w a g es and
1
,6
4 6 ,2 6 6
s u p p l i e s ' . .. .. . ____
D ue c o m p a n ies and
9
9
2 ,8 9 8
in d iv id u a ls ..............
1 8 2 ,1 7 3
M is c e lla n e o u s _____
T ra n sp o rta tio n e a rn
1 5 ,1 3 3 ,6 6 3
in g s ..............................
444,47 0
O th er in o o m e ..............
Profit an d lo s s sur
4
,5
4 9 ,4 5 8
p lu s ...............................
T o ta l........................$ 1 0 0 ,7 0 8 ,6 5 1
Four-Tracking on New York D ivision .—The company on
Seattle Lake Shore & Eastern Ry .—foreclosu re Decree
Affirmed .—The U. S. Circuit Court of Appeals has affirmed
the foreclosure decree in the appeal taken by the Northern
Pacific RR, Co. An effect of the decision wiil be to give the
Seattle Co. a half interest in the Union depot property at
Spokane.—V. 63, p. 175.
Short Ronte Railway Transfer .—foreclosu re Sale Or
dered .—The U, S. District Court at Louisville has ordered the
foreclosure sale of this property under the first mortgage for
$500,000, the upset price being $500,000. The Illinois Central
bought $333,000 of the first mortgage bonds in connection
with its purchase of Mr. Huntington’s interest in the Chesa
peake Ohio & Southwestern. The Short R lute skirts the
river front in Louisville from Brook St. to Eleventh S’ ., con
necting the railroads o f the eastern and western parts of the
city. It is a trestle and is used by the Illinois Central RR ,
the Southern Ry., the Big Four, Baltimore & Ohio Southwest
ern, etc. The Illinois Central will probably buy the property.
South Jersey Traction.— Foreclosure Sale Feb. 4 .—Theforeclosure sale of this property set for Feb 4 was adjourned one
week. The address of tbe bondholders’ eommi tee is 301
Betts Building, Philadelphia. Of the bonds, $185,000 have
been deposited with the Guarantee Safe D-posit & Trust Co,,
of Philadelphia, pending reorganization,—V. 63, p. 1116.
Staten Island Rapid Transit R R —Q uarterly.—Earnings
for the quart* r and the six months ending December 31 have
been reported as follows, excluding ferry earnings ;
Monday began using the four-track elevated line through the
city of Stamford, leaving it is said of the line between New
York and New Haven only the three miles at Bridgeport
which has not four tracks. There seems likely to be some
delay in completing the Bridgeport improvements.—V . 64,
p . 287.
New York & Staten Island Electric .— Consolidated C om
pany .—An agreement has been reached for the consolidation
3 m onths
of the three electric-light companies of Staten Island under
end, D ec. 31 the above title. Col. G. B. M. Harvey sa y s:
1 8 9 6 .................................
“ T he R ichm ond Borongh E le ctric C om pany, in co rp o ra ted b y E rastu s Witnan ; th e R iobm oud C ounty E leotr'o L ight C om pan y, s t a r t e d
som e m on ths ago by E. P. D o y le, and th e Port R lohm oud E le o tiio Com
p an y, sta rted a ol o w n e l by Mr. B oa-din an, Mr. C am on a n d th eir
a sso c ia te s w ill go in to th e co n so lid a tio n . A n e w com >auy. to be
oailed tho N ew Y ork & St tten Isla n d E le ctric Co w i.l tak e tid e to all
th ese properties, a d w ill build a p la n t o f th e m o st m od ern ty p e. -Mr.
D oyle w ill be P r e sid e n t.”
Norfolk & Western RR — Mortgage Abstract Next W eek .—
The abstractor the company’s new first consolidated mortgage
will be published in the C h r o n i c l e next week.—V. 64, p. 287.
Northern Pacific Ry.—Final Payment on Duluth & Mailitoba D akota Division Bonrls.— The Guaranty Trust Company
of this city will pay on Feb. 15 to the holders of the trust certificatt s of the Dakota Division of Duluth & Manitoba RR.
first mortgage bonds the sum of $819 25 for each $1,000 bond
represented by such certificate. This payment reprtsents the
balance due upon the sale of the bonds to the Northern Paci
fic Railway Co.—V. 64, p. 287.
Ohio Southern Ry.— Penalty o f %10 on 1st G s. —The First
Mortgage Bondholder.-,’ Committee having rrc*ived a large
m ajom y of the bonds, no further bonds will be received
except upon the payment of a penalty of $10 per bond. See
notice in another column.—V. 64, p. 181.
Oregon Short Line Ry —New Company Incorporated .—
This company was incorporated in Utah on Feoruary 17 as
successor to the Oregon Short Line and Utah Northern sold
in foreclosure. The officers of the new company were in the
C h r o n i c l e of Januaty 30, p. 234.—V. 64, p. 288.
Pennsylvania RR.—iVeiu Officers. — The directors have
elected John P. Green First Vice-President to succeed Frank
Thomson, who was recently chosen Prtsident. The Second
Vice Pre.-ident is Charles E. P u g b ; Third Vice-Presi
dent, S M. Prevost; First Assistant to the President, Samuel
Rea; General Minager, J. B. Hutchinson.— V. 64, page 283.
Ih ila telphia Newtown <fe New York RK .—Bonds Listed .—
On the Philadelphia Stock Exchange have been listen 31,408,0C0 5 per cent mortgage gold bonds due Oct. 1, 1942; both
principal anu interest guaranteed by the Philadelphia & Read
ing Railroad Co. (since foreclosed), payable in gold coin, free
of tax, in NoriistowD, Pa. The Guarantee Trust & Safe De
posit Co., of PbiladelDhia, is mortgage trustee. The author
ized isaue is $1,600,000, of which amount $10,000 are reserved
to lake up bonds due Oct. 1, 1897, and $182,000 for construc
tion and equipment. Of the bonds cue Oct. 1, 1942. $849,100
are owned bv the Reading Company, of which $52,100 have
the April. 1893, ;67,OCO the October, 1893, $67,000 the April,
1894, $446,000 the October, 1894, $155,000 the October. 1895,
and all subsequent coupons attached and unpaid ; $42,000
have the October, 1896, coupons attached and unpaid.
St, Louis to. Klikwootl R K . —-Foreclosure Suit. —EdwardS.
Leonard, of Peoria, III., has applied for a receiver for this com
pany, aDd for the forecloBU'e of the mortgage, interest on
which fell due Jan. 2 and remains unpaid.
Seaboard & Roanoke RR.—North Carolina RR.—South
ern Ry.—Governor Russell, of North Carolina, on Feb. 5 sent
to the Legislature a special mesBagp, including correspondence
wiih President Hoffman, of the Seaboard Air Line, in which
the latter offers to pay the Slate $400,000 per annum as rental
for the North Carolii a Railroad for tweniy years. The road
is now operated on a ninety nine-year lease as a division of
the Southern Railway main lioe, at an annual rental of $266,000, this sum to be increased to $280,040 in 1901. The State
owns three-quarters of the stock, and consequently as the
iease was made by the North Carolina RR. Co. and not by
tbe State the Governor thinks the contract can be set
aside. The Seaboaro’g proposition includes the grant of track
age rights to the Southern on terms similar to those paid by
U to the Adamic Coist Line, but forbids the Southern to
build an independent line. —V. 62, p. 457; V. 64, p. 182, 232.
83 L
1895
.....................
6 m onths 1896
.....................
1 8 9 5 .........
Gross
ea rn in g s,
X et
ea rn in g s,
In terest,
tastes, etc.
B a la n c e ,
s u r o r d e f.
$ 1 4 4 ,7 4 9
1 4 4 ,0 5 7
* 4 9 ,6 0 9
4 8 ,7 1 9
$ 3 3 ,4 1 4
8 2 ,8 9 3
d M .$33,8 05
d ef. 3 1 ,1 7 3
$ 3 6 4 ,7 1 4
4 3 8 ,0 5 9
$ 1 7 2 ,6 7 8
. 19 8 ,0 6 0
$ 1 6 1 ,1 5 1
1 5 2 ,8 7 0
s u r .$ ll,5 2 7
sar. 4 5 ,1 9 1
Loans and bills pavabte Dec. 31, 1806, $752,375, against
$699,375 on June 30.—V. 63, p. 839.
Suburban E lectric RR. o f Chicago . — Application f o r R e
ceiver f o r Construction C o —A press dispatch from Chicago,
Feb. 9, says that Charles 8. Leeds, a stockholder, has applied
for a receiver for the Suburban Construction Company on the
ground that the Suburban RR Co. has violated its agreement
to give him its entire capital stock and not less than $600,000 worth of first mortgage bonds for the work of construc
tion. Other agreements also, he declares, have been violated.
Third A vent e RR. (N. ¥. C ity.) —Q uarterly.—Y, irnings
for the quarter and the six months ending Dicom ler 31 :
3 m onths
Gross
end. D ec. 31. e a rn in g s .
Net
ea rn in ffs.
Other
incom e.
If? 1)6............ $62K ,o33
1&95.-----6 1 6 ,4 2 9
6 m onths—
1 8 9 6 ........... $ 1 ,3 3 3 ,9 8 0
1 ,3 4 2 ,1 4 8
$ 2 l*v,755
2 4 9 ,1 4 5
$ 1 1 ,1 8 2
8 ,9 1 2
Interest.,
taxes, etc.
$ 9 i,8 2 l
8 4 ,1 9 9
$ 1 '> 5 ,U 6
173,853
B a la n ce ,
s u rp lu s ,
$ 5 9 5 ,6 9 5
6 0 7 ,9J 6
$ 3 0 ,2 2 0
2 1 ,0 2 2
$ 1 7 « ,6 0 l
16 6 ,2 4 3
$ 1 4 7 ,3 1 4
4 6 2 ,6 9 5
Loans and bills payable Dec. 31, 1896, $1,275,000, against
$1,875,000 on June 30.—V. 64, p. 235,
ToH doSt. Louis & Kausas City R R .— B ach eP etition to be
Made P a rly in Foreclosure Su it.—} . S. Bache, of New York,
has filed an intervening pt-tition to be made a party in the
foreclosure suit of the Continental Trust Co. The case will
be heard before Judge Taft at Cincinnati on the 20th inst.
This litigation is said to be in the interest of the common
stock.—V. 64, p. 298.
Union Paoillc Ry. —Sinking Fund8s Accept Mo lifted Plan.
—Holders of the land grant sinking fund 8 per cent
bonds on Wednesday voted to accept the modifi-d terms
proposed by the Union Pacific Reorganization Committee,
Damely, an exchange for 75 p*r cent in new 4 p*rcent bonds
and 100 per cent in new preferred stock. Tbe Union Pacific
Reorganization Committee accordingly announces that it has
received deposits of a substantial majority of the sinking
fund bonds, arid that further deposits of bonds of this class
will be received, w ithout penalty, at the Mercantile Trust
Company, New York, and Old Colony Trust Company, Bos
ton, to and including February 25, 1897.
Kansas Pacific Consols.—Amended Plan to Be Submitted to
Bondholders. — The Kansas Pacific bondholders’ committee, of
which F. D. Tappen is the Chairman and W. E. Roosevelt, 33
Wall Street, is Secretary, has called a meeting of the bondhold
ers at 33 Wall Street on the 24th inst. at 2 o’clock to consider
the proposition of the Union Pacific reorganization committee
to modify the plan. The committee has addressed a circular
to the bondholders, in which they say:
T be com m ittee lias don e its b e st to seon re a larger a llo tm e n t of
bonds w ith ou t su ccess; and w ith th is g rea t ohan .'e in tb e p rop osition
has fe lt ih a t It shou ld oe su b m itted to a gen eral m eetin g of th e hold
ers or certificates Issued for bonds dep site d w ith tb e oom m ltt e.
T he su b ject is a m ost im p o r ta u to u e , as lu th e lu d gm eac of th e 00 mm itte e th e a lte r n a tiv e is presented o f aooeptin g th e provision or of
a ssu m in g charge o f th e property, retirin g from the p r esen t U n o n
Pacific reorganization, and a ssu m in g to r e o r g ta lz e tile K vasas Paoltto
property by itse lf, or lu oo n ja a ctlo n w ith som e e x is tin g Hue or lin es.
Pur th ese reason s it Is e a rn estly req u ested 'b a t e v er y certifica te bolder
be rep resen ted at th e m eetin g, and a form of proxy is enotosed. Sho dd
no in stru ctio n be rec e iv e d th e com m ittee w ill v o te accord in g to Its
b est Judgm eut a t tb e tim e o f tb e m eeting.
The Union Pacific Reorganization Committee say that it is
not within their power, with the amount of securities at their
disposal under the modified plan, to make any larger allot
ment than the one now offered, namely, 50 per cent in new
first mortgage bonds instead of 80 per cent, and 110 percent
in preferred stock instead of 72 per cent. A valuation put
upon the new securities is 90 for the first mortgage bonds and
40 for the preferred stock,—V. 64. p. 388,____________________
W
F o r ottie r I n v e s t m e n t I t e m s se e p a g e 3 3 3 .
THE CHRONICLE.
332
[VOL. LXIV.
tion, and on several occasions the entire system has been
operated from the 26th Street station exclusively. The
technical staff are now making a careful study o f the ap
plication of this method to produce the most economical re
THE
E D IS O N
E L E C T R IC
I L L U M I N A T I N G sults. The new 12th Street station, completed in 1895, has
been otherwise in continuous service during the year.
C O M PA N Y OF NEW YO RK.
The storage battery annex in the Bowling Green Building,
replacing the generating plant in the Produce Exchange
ANNUAL REPORT FOR TUE YEAR ENDING DECEM Building, was completed during the past year and has been
in regular service since November 18th. This has usefully
BER 81, 1898.
supplemented the supply of current during the hours of
maximum demand front the Duane Street generating plant,
which during the hours of minimum demand furnishes the
New Y ork , Jan. 21,1897.
current
for charging this storage battery. The storage bat
To the Shareholders o f the B i i n n Electric- Illuminating Com
tery
at 12th Street lias been in service during the year, be
pan y o f Ectc i'o r k :
ing charged at minimum hours from either Duane Street or
In presenting the figures for the past year, your Directors 26th Street station.
have to note a continued increase in the business and pros
An annex station, transforming current supplied from the
perity of your Company.
Manhattan Company’s high tension plant, where there has
During the year the high tension companies whose stock been surplus power, into direct low tension current, through
anil securities, with the sole exception of 532,000 Manhattan motor generators, has been installed during the year on a site
bonds, have now been acquired by your Company, their cost temporarily leased in the northeast portion o f your Com
being included within its capitalization, have been brought pany’s territory. The results o f this experimental installa
into close working relation with your Company, and the tion have been satisfactory and may have an important
combined results are therefore given for the year ending bearing on the Company’s future development. Provisions
December 81st, 1898, in comparison with like figures for the were of course made against any electrical connection be
previous year, as closely as they can be arranged for com tween the high tension and low tension service. The cur
parison :
rent supplied from this annex has strengthened the service
1896.
1895.
in that important part of the city, besides demonstrating
G r o s s St a t Inn n a r n in i;* .............................. $ 2 , 2 2 9 , 7 3 7 0 6
$ 2 , 0 0 0 ,8 5 5 9 1
the feasibility o f developing this kind of supply on a larger
scale.
G s n e m l a n d te c h n ica l e x p e n s e , In olu d ln u t a x e s .................... ....................... $ 3 1 1 3 3 8 77 >
, , - q s \ 2S
No important extensions to the underground system have
S t a t io n o p e r i t l n s e x p e n s e .................... —
8 1 0 .8 5 0 21 \
’
been made during 1896, your Directors considering that dur
D e p r e c i a t i o n c h a r g e s ...................................
1 2 7 ,8 3 0 0 0
1 0 0 ,0 0 0 0 0
ing the financial uncertainties of the past y e a r / conserva
T o t a l e x p e n s e * .....................$ 1 , 2 8 0 , 5 1 8
98
$ 1 , 2 1 5 ,6 5 1 2 8 tive management was particularly desirable.
The mains
N e t S t a t i o n e a r n i n g s .......................... ......
$ 9 1 2 ,2 1 8 0 8
$ 7 8 5 ,2 0 1 6 5
have been extended, however, to meet the specific require
E s r n h u r s tr o u t o t h e r s o u r c e s . . . . . . . . . .
2 1 ,1 6 2 0 5
3 0 ,5 5 7 0 9
ments o f business and the feeders extended in like manner
in districts where the demand for current was in excess o f
T o t a l n e t i n c o m e . . . . ____ . . . . . . . . . . . $ 9 6 6 ,3 8 0 1 3
$ 8 1 5 ,7 5 8 7 1
the supply.
Deducting from $966,380 13 the amount of interest paid on
At the desire of the city authorities, your Company has
auxiliary companies’ bonds held outside the Edison Com extended its proposals for city lighting, confining its bids,
pany, $2,800, and accounts o f these companies written off, however, to streets in which Edison mains are already laid.
$3,423 19. the net income available for your Company is The Fifth Avenue system of lighting will be extended to
$960,156 91.
other main thoroughfares and the development o f the en
The figures for the Edison system alone are appended, for closed arc lamp lias made it practicable for the Company to
comparison with the figures given in last year’s rep ort:
offer to the city a less costly form of lighting, which has
been adopted for other streets. Your Company lias pursued
1896.
1895.
the policy of making a price for city lighting below the
G r o s s S t a t i o n e a r n i n g s . . . ..................... $ 1 , 7 7 1 ,2 2 9 8 2
$ 1 , 5 1 1 ,8 2 2 7 3
average cost of current, recognizing both that the city
G en era l a n d te c h n ica l e x p e n s e . In
c l u d i n g t a x e s ............................................. $ 2 5 3 ,7 5 8 6 5
$ 2 1 8 ,4 2 1 4 1 is entitled to the best possible rates from a corporation
S t a t io n o p e r a t i n c e x p e n s e s .....................
5 8 2 .6 3 8 1 2
5 1 1 ,0 5 1 2 7
which enjoys the privileges of the streets, and that the long
D e p r e c i a t i o n c h a r g e s . . ...........................
1 2 0 .0 0 0 0 0
1 0 0 ,0 0 0 0 0
hour demand o f city lighting comes in part during the hours
T o t a l e x p e n s e s .................
$ 9 5 6 ,3 9 6 7 7
$ 8 5 9 ,1 7 2 7 1 in which there is otherwise small demand upon station
N e t S t a t io n e a r n i n g * .......... ..................... * 8 1 4 .8 3 3 0 5
$ 6 8 5 ,3 5 0 0 7 equipment.
E a r n ln e s f r o m o t h e r s o u r c e s .................
1 8 ,7 1 1 8 9
1 8 ,9 5 5 4 6 The high tension properties owned by your Company have
I n c o m e f r o m h ig h t e n s i o n s y s t e m ___
1 2 6 ,5 3 2 0 0
1 1 1 ,4 5 3 2 1
been effectively reorganized during the past year, and these
changes have made possible an increase in operating econo
T o ta l n e t In com e
$ 9 6 0 ,1 5 6 9 1
$ 8 1 5 ,7 5 8 7 1
mies and an improvement in service from the high tension
The interest on Edison bonds in 1896 was $322,100 00, the system. These properties are now on a sound business basis
which promises satisfactory return on your investments in
Edison dividends $176,220 00, a total of $798,320 00.
The combined station earnings show an increase in gross them.
The Balance Sheet and Statement of Income Account are
of 11? and in net of 18:.'. The ratio of operating expenses, in
cluding both station and general expenses, but not deprecia appended. As stated, the depreciation charges during the
tion charges, to gross station earnings, is 52? for both sys past yeag liave been carried into monthly expenses before
providing for the dividend, which has been continued at the
tems, as against W 4 for the previous year.
The net earnings, it should be noted, are shown less de rate of 6 % per annum during the year past.
Your Directors during the past year have adopted a method
preciation charges, which during 1896 have been charged
otf month by month, instead of deducting them at the end of appropriation from the yearly net earnings to the em
of the year in profit and loss account—a conservative course ployes’ benefit account, wliich Recognizes the services reniered by the Company’s forces in direct proportion with the
which it is believed will liave your approval.
The following are the installations on the combined sys improvement in operating economies and the increase of net
tems, central station service only, using the rating of arc revenue.
During the year Mr. J. \V. Lieb, Jr., has been appointed
Lamps and motors adopted last year by the leading Edison
companies for calculating the 16 c. p. equivalent, i e., 10 to the post of General Manager, a promotion to which his
long experience and his valuable services to the company,
per standard arc lamp and 15 per horse-power:
especially since his return to its staff, have fully entitled
1896.
1895.
him.
D e c . 3 1 . (J a n . 1 ,1 8 9 6 .) In cre a s e .
Your directors report with sorrow the loss during the
N o . c u s t o m e r s ............
7 ,8 9 8
0 .9 2 8
970
year of Mr. Harrison J. Smith, General Operating Superin
N o , In c . l a m p s ..........
3 0 9 ,3 6 9
2 1 6 ,6 2 8
6 2 ,7 4 1
No. arc li g h t * ...........
5 ,5 5 9
5 ,0 3 1
528
tendent, who ilied on June 18, as the result of a fall while at
N o . m o t o r s , h. p ........
1 5 .9 5 3
1 1 ,0 5 8
1 ,2 9 5
his home Mr. Smith had been associated with the com
T o t a l a q u lr . 1 0 a . p
0 1 3 .9 0 1
1 8 3 .6 0 5
1 3 0 ,3 8 6
pany almost from the beginning of its corporate existence,
Adding supplementary service, or emergency connections first as a working mechanic, and his career lias furnished a
with isolated plants, the installation figures on Edison and useful inspiration to all the men who served under him.
auxiliary service* combined reach a total o f 708,458 16 c. p.
Attention is called to the report of the First Vice-Presi
lamp equivalent.
dent in the pamphlet report.
The concentration in the larger stations and the increased
Bv order of the Board of Directors.
oj* rating economies, conjoined with the large extension of
SPENCER TRASK, President.
business in the past year, have resulted in a considerable
decrease in the cost of current. Your Directors are giving
INCOM E A C COUNT Y E A R E N D IN G D E C E M B E R 31ST , 1896.
careful consideration to a revision o f the Company’s prices,
n r.
which by reducing the cost of current to the consumer, I n t e r e s t o n b o n d s ......................
$ 3 2 2 ,1 0 0 0 0
wherever practicable, will encourage further increase of D i v i d e n d s :
$
1
1
9
,0
5
5
0
0
M
a
y
1
s
t
.................................
the Company's business.
1 1 9 .0 5 5 0 0
A m o is t 1 s t ...........................
Through the summer, lioth the 12th Street and 39th Street
1 1 9 .0 5 5 0()
N o v e m b e r 1 s t .....................
D u e F e b r u a r y 1 s t, 1 8 9 7
1 1 9 .0 5 5 0 0
stations have been kept out of service as generating sta
$ 4 7 6 ,2 2 0 OO
tions. being used only ns distributing centres. Progress A c c o u n t s w r i t t e n o il'................
1 6 ,3 7 9 6 4
ha* been made, by the development of storage battery an E m p l o y e s ’ B e n e fi t A o c o u n t
1 4 ,5 0 0 0 0
1 9 1 ,5 5 3 5 8
nexe* and by the tie feeder system between stations, with B a l a n c e ...........................................
the controllable disconnective boxes, toward concentrating
$ 1 ,0 2 0 ,7 5 3 22
operations during the night and over Sunday in one sta
R e p o r t s
a n d
D o c u m e n t s .
THE CHRONICLE.
F e b r u a r y 13, 1897.]
Or.
% \ u
B a la n c e D ecem b er 3 1 st, 1 8 9 5 ........................... $ 7 2 ,0 1 6 61
L e s s ad ju stm en t o f a c co u n ts p re v io u s y e a r . 1 1 ,4 2 0 33
------------------$ 6 0 ,5 9 6 28
N e t s ta tio n E a r n in g s ..............................................$ 8 1 4 ,8 3 3 05
In c o m e from H ig h T en sio n S y s t e m ................ 1 2 6 ,5 8 2 0 0
E a r n in g s from o th er s o u r c e s ............................
1 8 ,7 4 1 89
T o ta l N e t I n c o m e .......................................................................
C
$ 9 6 0 ,1 5 6 9 4
$ 1 ,0 2 0 ,7 5 3 22
C O N D E N SE D B A L A N C E S H E E T D E C E M B E R 31ST , 1 8 9 6 .
D r.
L io e n se u n der E d iso n P a t e n t s .................................................... $ 3 ,1 5 9 /'0 0
B e a l E sta te , C on stru ction , P r o p e r ty a n d
oth er In v e stm e n t A c c o u n ts.................... $ 1 0 ,2 2 7 ,7 1 2 18
1 2 ,1 6 4 sh a res E d iso n L. & P. I n s ta lla
tio n Co................................................................ 1 ,2 1 6 ,4 0 0 0 0
----------------------- 1 1 ,4 4 4 ,1 1 2
C u stom ers’ A c co u n ts an d B ills R e c e iv a b le ........................
1 8 9 ,1 0 3
S u n d ry A c co u n ts an d S u p p lie s on h a n d .................................
1 1 1 ,2 3 4
C ash o n h a n d ......................................................................................
1 7 0 ,9 0 5
00
18
54
77
40
$ 1 5 ,0 7 4 ,9 5 5 89
Cr.
.$ 1 0 ,0 0 0 ,0 0 0 0 0
. 2 ,0 6 2 ,0 0 0 0 0
----------------------- $ 7 ,9 3 8 ,0 0 0 0 0
. $ 5 ,0 0 0 ,0 0 0 0 0
F ir st M ortg a g e C onv. G old Bonds
6 8 8 ,0 0 0 0 0
L ess B o n d s C o n v erted .......................
4 ,3 1 2 ,0 0 0 0 0
F ir s t C o n so lid a ted M o rtg a g e G old B o n d s............................. 2 ,1 3 0 ,0 0 0 0 0
A c co u n ts p a y a b le ............................................................................
1 0 4 ,8 9 2 48
D iv id e n d N o. 4 7 (due F eb ru a ry 1 , 1 8 9 7 ) ...............................
1 1 9 ,0 5 5 00
L ic en se S u sp en se A c c o u n t...........................................................
6 2 ,0 0 0 0 0
A ccru ed In te r e s t A o c o u n t.............................................................
7 1 ,8 6 6 68
In su ra n ce R eserv e F u n d ...............................................................
2 4 ,4 6 1 73
E m p lo y e s’ B en efit A c c o u n t..........................................................
6 ,5 6 8 5 0
Su n d ry A c co u n ts..............................................................................
2 5 ,7 7 3 2 6
D e p r e c ia tio n R eserv e F u n d .........................................................
8 8 .7 8 4 66
1 9 1 ,5 5 3 5 8
P rofit and L o ss.......................
C ap ital S to c k ..........................................
L ess T rea su ry S to c k ...........................
O
M
333
(E^mitxercml Heroes.
M
E R C I A L
E . & O. E .
N e w Y o r k , D ecem b er 3 1 e t, 1 8 9 6 .
JO S. W ILL IA M S,
T rea su rer.
D e p r ec ia tio n c h a r g es ($ 1 2 0 ,0 0 0 ) d u rin g 1 8 9 6 w e re d ed u cted as a
m o n th ly charge a g a in st E a rn in g s In stead o f b e in g tr e a te d in P ro fit
an d L oss, a s in 1895.
West Chicago Street RR.— Sale o f Bonds .—It is reported
that Mr. C. T. Yerkes has negotiated a sale of West Chicago
Street Ry. 5 per cent consols through the Central Trust Co.
of New York and Messrs Hallgarten & Co. The amount of
bonds placed is stated to be $3,500,000, but the parties in in
terest say the negotiation has not been finally completed and
the published reports are inaccura'e.—V. 64, p. 288.
Western New York & Pennsylvania Ry.— Quarterly .—
Earnings for the quarter and the six months ending Decem
ber 31 have been reported as follows. Charges in 1896 include
interest (amounting to $100,000 for the six months) on the
new general mortgage bonds; in 1895 this interest was pro
vided for under the reorganization plan.
3 mom the
end. Dec. 31—
Gross
e im in g s .
1 8 9 6 ................... $ 7 9 1 ,0 1 4
1895
.......
8 3 8 ,9 4 0
6 m on th s—
1896
....... 1 ,6 7 1 ,1 3 6
1 8 9 5 ................... 1 .8 2 0 .5 1 5
X ct
ea rn in g s,
Other
incym e,
In terest,
taxes, etc.
B a lan ce,
su rp lu s.
* 2 8 0 ,9 1 3
2 4 3 ,3 7 8
$ 1 1 ,4 0 9
....
$ 2 0 6 ,0 9 2
1 5 8 ,6 7 6
$ 8 6 ,2 3 0
6 3 2 .2 0 0
5 2 2 .8 3 5
1 4 ,2 6 6
7 .1 0 3
4 1 1 ,2 3 1
3 1 6 .8 2 7
2 3 5 ,2 3 2
2 1 3 .1 1 6
8 1 .7 1 2
Loans and bills payable December3l, 1896, were only $9,000,
against $62,720 on June 30.—V. 64, p. 136.
West Virginia Central He Pittsbnrg RR.—Dividend o f
One Per Gent.— The directors have declared an annual d iv i
dend of 1 per cent, payable March 1, against l l-£ percent paid
last year. The net earniogs for the six raoatbs ending Dj c.
81, 1896. were reported to the CHRONICLE recently as $197,788
against $219,225 in 1895.—V . 63, p. 456.
Wheeling & Lake Erie Ry.— Needs o f P roperty. —Pnsident
Blair in a circular to the stockholders says: “ While your
property has been materially improved duting the past year,
it still needs many more improvements to strengthen and
better its physical condition in order to reduce i s operating
expenses. These betterments are essential in order to enable
this company to operate the property upon an economical and
Bafe basts as compart d with its competitors and other rail
roads in the country.”—V. 64, p. 288.
Wilmington He Weldon RR. —Bonds Sold to Refit id 7 Per
Cents Maturing May 1.—The company has sold to Brown
Brothers & Co $938,000 general first mortgage 4 per cent gold
bonds of 1885, the remainder of the authorized issue of
$4,009,000, those previ uslv sold having been 5 per cen's.
The new issue will retire the consol 7s maturing May 1,
leaving the general first mortgage a first Ilea on 468 miles of
road, at less than $9,0)10 per mite. Tne mortgage has also a
second lien on 52 miles. The saving in interest ch lrge
effected is about $28,000 yearly. V. 63. p 1115.
—J. P. Morgan & C >. and Blake Br>th“rg & C ». offer at
109 and accrued interest $1,000,000 State of Massachusetts 3^£
per-cent gold bonds, “ Metropolitan Water Loan,” due July,
1935, secured by sinking fund. See advertisement in our
State and City Department.
P I T
O
M
E
D AILY CLOSING PRICES OP LARD FUTURES.
801 .
M ay............................ 4 0 7
$ 1 5 ,0 7 4 ,9 5 5 89
E
Friday Night, Feb. 12,1897,
To day has been made a legal holiday, the birthday of
Abraham Lincoln, and the banks and mercantile exchanges
are closed, involving a general suspension of business. The
weather is seasonable, and with the near approach of spring
there is more activity in the dealings in manufactures, with
good prospects for a further improvement. Naturally the
better aspect which affairs assumed late in the fall was not fully
maintained after the holidays, and some time is required to get
all the wheels in motion, but there is nothing to discourage
the belief that a good season's trade is before us. The pros
pects for the approval by the Senate of the arbitration treaty
are said to be not good, for the want of time, as only about
three weeks of the session remain. It seems to be settled
that there will be an extra session of Congress at au early
date to act upon a revision of the tariff, which is now in
preparation by the House Committee of Ways and Means.
European diplomacy continues in a feverish condition, but
excites little apprehension of serious consequences.
There has been a dull market for lard on the spot. E x
porters have been iaactive and the lard refiners indifferent
bayers. Prices have been easy, closing at 4c. for prime West
ern and 3 65c. for prime City, with 4 25c. quoted for refined
for the Continent. The lard futures have been neglected here,
but the West has been unsettled and on the whole easier, with
free sellers, scarcity of freight room and dull export de
mands. May closed at 4-10c.
Mor>.
Tues .
W ed ,
412
4*17
4 12
lh u r.
4-10
Frx.
—
Pork has been in'slow exoort demand, with prices easier at
$8 25@$8 75 for mess, S8 50@$9 50 for family and $8 5!)@5>9 50
for short clear. Cut meats have been in freer demand at wellsustained prices, closing at 4V£@42|c. for pickled bellies,
12@10 lbs. average, 5c. for pickled shoulders and S^cg^c.
for pickled hams. Demand for beef has been dull, but
prices have held firmly, closing at $7 00@$8 00 for
mess, $7 50(3) $9 00 for packet, $9 00@$11 00 for famliy
and $13 00(3$14 00 for extra India mess. Beef hams
have been stronger at $18 00(8$t8 50.
Tallow
has
declined Wc, with home trade demands only closing nom
inally at 3%c. for City. Oleo stearine has been active for ex
port at 4 l-16c. The" inquiry for cotton seed oil has been
stronger for export at better prices. Sales at 20c. for prime
crude and 23^2C- f°r prime yellow. Bitter has had a fair sale
at higher values, closing at 14@21t£c. for creamery. Cheese
has been advancing slightly, closing at 9@l2J^c. for State
factory, full cream. Fresh eggs have declined and closed
steady at 16c. for choice Western.
Coffee of Brazil growth has been slightly depressed and
closed offered at 9%c. for Rio No. 7, and offered at 9%c. for
new arrival. Mild grades have been more active at steady
prices, closing at l6J^c. for good Cucuta and 23%@24%c. for
standard Java. There has been a slow and easier market for
contracts, with some pressure to sell by local h mses.
The following were the closing prices:
F eb ..................................... I M a y ............. ........ 9 ’20o. I A u g ...... .............
M a r c h ..... ___ 9*15o, June....... ................. Sept............ . 9-30o.
9-25o. I D e o ...................... 9-30c.
April................................. I J u ly ......................
The demand for raw sugar has quickened and the market
is about l-16c. higher, with 2 13-16c. bid for 89-deg. test musco
vado and 3 3-16c. bid for 96 deg. test centrifugal. Refined
have advanced igc. on hard and for some soft grades, and
l-16c, on others, with granulated now
Teas have been
selling a little more freely at steady prices.
Manufacturers have been fair buyers of the common grades
of Kentucky tobacco at firm prices. Sales 3)0 hhds. Seed
leaf has been in liberal demand at full prices. Sales for the
week, 170 casts 1895 crop, INew England Havana, 12@22c.;
150 esses 1895 crop. State Havana, 10@l5c.; 959 cases 1895
cron, Zimmers, 13$4@l5c ; 150 cases 1894 crop, Zimmers, 12
@13c ; 300 cases 1893 crop Wisconsin H ivana, 9@lO i.; 500
cases 1*94 crop, Wisconsin Hivana, 7@9c.; 300 cases 1895
crop, Wisconsin Havana, 6@9c ; 100 cases 1893 crop, Penn
sylvania Havana, 12@13c.; 125 cases 1893 crop, PeQU<ylviuia
seed leaf, 10@!0f£o.; 150 cases 1894 crop, Pennsylvania Hav
ana, 11® 11%c., 2<'0 cases 1894 crop, Pennsylvania s»ed, 9@
10c.; 50) cases 1895 crop, Pennsylvania Havana, 10@llc.,
and 350 cases 1895 crop. Pennsylvania seed leaf, 9@l0c.; also
400 bales Havana at 70o. t i $ l 10 in bond and 30) bales Su
matra at 70c. to $1 65 in bond.
There has been li tie done in Swaits tiu, while prices have
been fairly steady at 13 50@l3'6)c Ingot copoer has been
quiet, with large deliveries on c mtraecs satisfying wants.
Lake at 12c Lead is stranger at 3’ 25@3 274£c. f >r domestic.
Spelter firm at 4 05@4'15 for prime Western. Pig iron has
been steady at $11 00^$12 50 for domes'ic
Refined petroleum has been firmer, closiag at 6’ 33o in
bbl8., 3’75c in bulk and 6’95c. in oases ; naphtha dull at 6J^c.
Crude certificates have been neglected. Credit balances have
been quiet at 90c. Spirits turpentine has been quiet, but
prices have been firm at 29rti>29)£c Rosins have been slow at
$1 70 for common and go I strained. Wool has been in good
demand at full values. Hops have had a fair inquiry at
teady prices.
THE CHRONICLE.
334
[VOL. L X I V .
in addition to above exports, our telegrams to-night also
give
us the following amounts of cotton on shipboard, not
C O T T O N .
cleared,
at the ports named. We add similar figures for
TlJVlrstuv Night. February It. 1807,
New York, which are prepared for our special use by Messrs.
Ths Movkmkvt or tub Ubot*, a* indicated l»y our telegrams Lambert & Barrows, Produce Exchange Building.
from the South to-night, is given below. For the six days end
ON HIUI'HO.UUI, NOT Cl.CAKED FOR—
ing this evening the total receipts have reached 105,085 bales,
L ea v in g
pgr
F igures in call- n a re f o r six- d ays en d in g T hursday.
,
.
'
■
w m in
making the total receipt* since the 1st of Sept., 1896,
5,757,lie lirtS.w, against 1,13», 15? bales for the Siime period of
-blowing ,ia increase since S,*c>. 1.1890. of 3,7 ' [.im77haleM.
MscMpW
Mm*,
***».*.
t t e - City* t o .
Hew (M am a*..
ifftMi#.***.......
4.049
*«*»».*.
3*t#4
Him
8,093
9,094
1.007
mrnmmmaJk
TU€M,
Wed,
4,213
M5
8,7 M
790
5,538
5,026
2,12 1
2,421
1,828
H P A * .
Thurs.
F ri.
3,141
3,297
2,455
:.
2,984
1,487
2,243
482
50
500
13
938
347
.. . . .
503
5,854
25
. . . . ..
......
Total.
25,034
3,812
28.595
7,151
2,984
10,549
2,2-13
4,744
50
2,552
13
7,903
347
725
3,047
5,654
152
Feb. 11 a t -
O ther
G reat
B rita in . F ra n ce. F oreig n
Coast
wise.
Total.
31,035
15.000
None.
Mono,
7,000
1.500
3.500
18.000
9,703
4,483
5,000 10,000
2,000
None.
6,500
None.
None. 4,000
2,200
None
6,700
soo
None. 10,000
282
3,0i-0
1,500
1,000
None.
2,000
None.
None,
45,263
31.000
3.500
7.500
11.000
8,700
11.000
28,000
Total 1897...
79,035
9,983 51,163
7,782
117,933
863,693
Total 1896...
Total 1895...
62,786 12,798 73,241
73,567
9,191 72,765
8,902
9,288
157,727
164.811
729,671
864,443
New Orleans...
Galveston........
Savannah......
Oharleston
Mobile.............
New Y'ork........
Other porta—
slock .
331,574
81,377
6 4.338
33,999
21,849
10,453
271,909
48,194
Speculation m ootcou for future delivery has been more
active. It has been, however, the result of liquidation b y
longs who have tired of carrying their holdings awaiting the
117
1,374
359
302
arrival of an outside demand and have "turned sellers.
Prices consequently have suffered and for the week there
1,637 1,480 2,619 1,239
has been something of a shrinkage in values. An increased
M owp& tt K,,Ae.
movement of cotton to the ports and interior points was
„„
S o w Y ork.......
725 . . . . . .
taken as an indicat ion that the recent decreased receipts
477
359
454 1,189
B m to n . . . . . . . . .
were due principally to poor condition of the roads, and
this added to the weakness as did also advices from the
10
49
35
33
Southern markets stating that the demand for spot
Xot‘ U this w e e k 14,171 26,96 4 20.912 17.758 25,862 . . . . . . 105,665 cotton
had fallen away and that prices were
The following Eside shows the - x day’s total receipts, the declining. The most pronounced weakness in the local mar
u t u t w ) was
>«uo on Monday,
, vv
ucm waav
total smee Sept. 1, 1893, and the stocs to-mgat, compared ket for lfutures
when
prices declined 9 to 14e.
with last v-*ar.
under active liquidation by tired longs, A slight recovery
of 1 to 4 points followed on Tuesday as the
1
pressure to sell
Stock.
1896-97.
1895-96.
R eeeip tt to
was over aad foreign advices gave some encouragement.
This S ince Sep.
Since Sep.
This
F tb 11.
Wednesday the market again turned weaker. There was
1897.
1896.
W eek.
1, 1896.
W eek. 1, 1895.
renewed selling by tired longs, and as prices declined stop
Galveston.. 25.0-1 1,199,867 16,690 788,707 114,377
88,232 orders were reached, which added to the weakness. For
Tex. C.Ao.
3,312
S 4,901
88,607
3,330
3,7X9
11,573 eigners were reported sellers of the next crop. The close
Mew Qtlssmm 28,595 1,759.401 38,032 1,440,039 376.837 332,678 was at a decline of 8 to 10 points for the day. Yes
Mobile ....
7,151 2 40,1(17 4,032 171.318
32,849
10,285 terday the market opened weak under easier Liver
pool advices, but there was a quick rally on
68.661
Florid*. .....
45
.*
*2,98 i
24,355
SaiT&nnsli.... 10,549 722,848 13,865 611,721
67,838
70,597 better advices from New England manufacturing centres
Br'vriele. A c
2,243 134.461
7,023 103.735
5,990
1.374 Then followed some irregularity with considerable “ notch
HMMimXem .„
5,159 215.820
4,744 *382,102
41,499
33,134 ing,’’ operators realizing on March contracts and buying the
later months. The close was easier As compared with last
i .
50
P. Royal,t o
73
47,777
.227,024
1,600 151,210
12,999
12,845 Friday the final prices were 27 to 29 points lower for this crop
and 21 points lower for the next crop. The representative of
Waah*a,<tc\
10
13
B0?
736
a leading house, who lias just returned from an extended
N orfolk___
7,963 623.20$
8,697 245,657
10,1:53
39,025
tour through the South, gave out an estimate of the crop at
M*pori N..Ae
14,211
1,370 151,012
347
4,287
348
8l£ million bales. Cotton on the spot has been quiet. On
41.948
New York...
725
1*768
40,139 282,909 196,286
Monday and Wednesday prices were lowered 1 6c. Yester
Boston..........
3,047 132,663 3,797
78,133
21.000
27,000
day the market was easy at? 8-16c. for middling uplands.
BalHmnra..,
5,651
51.249
722
37,960
23,442
14,600
The total sales for forward delivery for the week are
Plili*&©LtAe.e.
132
28,997
618
28,14“
6,065
10,484
880,30? bales. For immediate delivery the total sales foot
Total* ..... 105.685 5.757,122 106.446. 4,255,157 1.011,640 887,398 up this week 5,027 bales, including 8,599 for export, 1,328
for consumption,---- for speculation and 100 on contract.
* 9 3 0 0 b a l e s a d d e d -'is o o i r e o t lo a o f r e c e i p t s s i n c e So.>r. i .
The following are the official quotations for each day of the
past week—February 6 to February 11.
M em ipts a i— 1897.
1896.
1895.
1894.
1893.
1892.
Rates on and off middling, as established Nov. 22, 1893,
Salvee’n Ac,
23,896
19,482
22,355
5,330
16,465
21,555 and revised Dec, 11,1895, by the Revision Committee at which
New Orleans 23,395
38.032
53,977
23,993
27,701
63,1-40 grades other than middling may be delivered on contract:
on. GoodOrdinary...........o. 1 off
M obile......
7,151
4,012
2,043
1,869
1,133
4,672 Pair ............... ...... o. 1>4 on.
on. Good Middling T in ged ... Even
Savannah ..
10,54'4 13,865
13,119
10,857
7,508
10,997
--^
on.
StriotM iddllngStam ed.. 7S2 off
(Sua'ton, Ac
4,704
5,159
18,013
3,074
1,8 n
on. Middling Stained......... % oft
3,288
oil. Strlot Low Slid. Stalasa.. 2632 oft
Wttaj'ttm.Ao
2.585
1,700
1,138
0a 1
716
1,635 L ow M id d lin g . . .
.... =a off. Low Middling Stained 1*4 oft
N orfolk____
7.963
8,097
8.441
5,206
4,380
7,151 B triot G ood O rdii
.... Giboff.
M.
Ac
347
1,376
3,700
5,361
1,126
7,278
On this basis the prices for a few of the grades would be as
All outers...
14,305
14,00 i
18,633
11.175
8,010
20,972 follows.
Q$b&tdm%®n, . ...
41
1,977
CIO
f%, HOfUl*
WliMlBfrtOB ....
......
........
........
Tot, tb$M wk.
105.005 106.440 132,989
71,627
88 930 145,681
tJnoeSepA t 57*7.12«l 4835.157 6508.452:508.4,979 4*17,854 5930,3t6
,/
u»;ouuu»u^ viuaQvcuiuK
total
baJmt of which 53,U$ were to Great Britain, 5,499
J? *
•>k«
*1 M i to the
rest
of theoContinent.
Below
are’
Eh*» cnrn«*fii
.....
,3
. *
~
m
Day* Bn4in<) Ftb. 11,1807
Exported tjo—
{ Great
l&HVn. France
from—
t«*. cur.
Mint QPktmmm.
llefetl*. *»««*•*
,*
l*«*rf Skirat., *
W ilts in«t->n..
ilorf*>Jfc«...,.,
7ftM
irptm It *A&
f o r k ,, ..
Bmu> a.
*,&U
Bitlilmom-..,,
fnilliMSalpfelft,.
S.
.
ToUI
96*«ty;
SH
r x ,u
l T tM %
6,01?
f$
&f)
io ,7 m
7.321
3.042
2,2^1
a ,in
w m
Exported to
208.58 ’• 18,573
170.133
02.810
5,752
7,23:
02?
i.m .m
no
S a l.
6 3 ,a
616„
Conti
nent.
Total
218,(5:« 1,083.055
16,046
15,910
iic.our, 1,303.00?
10.405 110.741
5,402
53,882
207,24? 860.1,61
S.WIS
84,427
105,408 243.7(7
50,071
104,803 2(0,331
32,000 177,000
^,879
113.459 340,022
i,:8 8
1-0.021
41,47? 110,030
349
7,580
.38,403
30,021
1,475,702 4.410,811
U*8.SrT7 358,758 1,241,447 Ii.f-ia.BI2
7»8
8*1,«
G U L F.
From Apt 1. 1890, to ftfc.ii, 1807.
O m u* T o u t
Great
n snl. W eek. 1 Britain. France
1,100 sa.jooj 057,271 157,148
L*HI»
1.0151
<,00$ u , m
33. Til 0*4,054 820,318
m .,m
3,006
tB A m
11,00$ 14,005
16,341
m w
7$,m i
m ,m
05.431
800
7,000 130.707
5.200
S.7U
U P l.A N IlS .
Good O rd in ary................................
Low Mid&llnjar............................ ..
M iddling................................. ...........
Good M iddling.................................
M iddling P a ir ....................
S a t.
itt Oil T u e s
W ed
T it.
6M
6 7a
7V
7»,a
8%
6 “jb
o jfia
6 l,a
6**16
7%
8*i a
7*a
8 'ia
M on T u es W ed
Th,
F rI.
7 ‘i s
7ba
74,
8 6io
7 J10
? 7i«
7%
8&jo
2
o
F rI.
6M
6 7a
7b,
7S,o
8»»
F r l.
>%
&
%
W
Good O rdin ary................................
Low M id d lin g..................................
M iddling........'...................................
Good M iddling.................................
M iddling F air...........................
6»I*
7 s ,a
Kw
7 7e
8 ’ ia
S T A IN E D .
S a t.
lU o n T u e ix W e d
T it.
R
6
6%
Kw
5 1,8
6*»m H o li
03*32 d ay.
73, a
Low M iddling..................................
M iddling............................................
S trlet M id d lin g...............................
Good M iddling r in g e d ...............
2 s 32
flks
7*8
7>a
7 1 ,, |
83 q
G^a
7hs
7>a
V
8-%>
6
0J8
a ll
7M
7H
5 fie
g}«
7ha
>>
&
m
MARKET AND SALES.
SALES OP SPOT AND CONTRACT.
SPOT MARKET
CLOSED.
Sat'day.
Monday.
Tuesday
Wed'day
Tli'day..
Friday..
Steady .............
Quiet at l,a deo.
Quiet — .. _____
F.asy at *ie deo.
E asy..................
Total.... o x . ..***•••*«*•
E x
p o r t.
Oon* Specs u m p , uVVn
300
116
233 . . .
30u ___
94 . . . .
3,099
200
585
..H olt day?
....
3,599
1,328
.4 ..
Tols-l.
S ales o f
F u tu r e s ,
416
333
300
3,193
735
43,800
222.000
103,100
144,300
147,100
100 5,027
660,300
OonIracL
100
....
.. . .
....
to
oo
CO
1.0 (T Oi CO
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r-<h-
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O iO O o q o o e i q o q q q q
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E u fa u la ,
A l a b a m a ...
M on tg om ery
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H e le n a ,
A r k a n s a s ..
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L i t t le R o o k ,
A lb a n y ,
G e o r g ia .,..
44
A t h e n s ,*
44
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H
A u g u sta ,
4
4
O o lu m b n s .*
44
M a c o n ,*
Rom e,
L o u is v i ll e ,n e t K e n t u c k y .
S h r e v e p o r t / L o u is ia n a .
C o lu m b u s /
M is s is s ip p i.
<<
G r e e n v il l e ,
M e r id ia n .
N a tch ez/
V ic k s b u r g /
14
...
Y a z o o C ity .*
8t. L o u is ,
M is s o u r i. . .
C h a r lo t t e ,
N .C a r o l i n a
R a le ig h ,
C in c in n a t i,
O h i o ...............
C o lu m b ia /
8. Ca r o l in a
44
G reen w ood /
M e m p h is ,
T e n n e s s e e ..
44
N a s h v ille /
B r e n h a m ,*
T e x a s ............
44
D a lla s /
H ou ston ,
“
...
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o o n o o
g‘ l
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BBBBBBB 3 S 3
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ODXI Xi CDCD00 CO00 00 00
OOcf;
A p ril.
May.
o
«0 0
5 4 a » x
CT ® i t ® o
§S«” 2
S SS-S
P R IO E S
T o t a l , 3 1 t o w n s ............
AND
J u n e.
BALES
J u ly .
OP
FU TU RES
A ttgu sL .
FOR
12
784
361
209
830
23
400
1 ,4 4 7
3 ,7 2 6
200
100
325
1S1
1 ,0 0 0
300
349
365
500
800
200
1 0 ,7 9 8
438
106
5 ,0 6 7
558
250
4 ,4 2 8
500
350
200
2 4 ,4 3 0
1 5 ,0 4 5
1 1 9 ,7 6 2
6 6 ,7 7 8
4 8 ,8 4 9
7 5 ,5 4 7
. 3 2 ,1 6 9
5 2 ,4 3 8
1 1 8 .9 9 0
2 5 6 .3 5 0
4 2 .8 2 4
6 9 ,0 4 8
5 8 ,7 4 5
5 ,3 7 1
9 4 ,6 8 2
3 1 ,9 4 5
5 4 ,7 2 1
3 6 ,9 3 2
6 0 .7 1 1
7 6 ,3 6 3
5 7 ,3 7 4
4 3 6 ,1 5 4
2 0 ,0 0 1
2 2 ,9 0 3
2 2 3 ,4 2 0
2 8 ,5 2 6
1 4 ,2 2 0
5 0 6 ,4 1 3
2 2 ,6 6 1
4 9 ,0 1 7
4 9 ,7 4 0
1 ,1 9 0 ,3 7 9
5 9 ,2 4 3 3 ,9 2 8 ,0 7 8
EACH
S epteyn ber.
159
1 ,0 2 9
1 ,0 6 4
1 ,4 0 4
950
288
600
520
3 ,5 1 0
501
270
378
196
1 ,2 8 5
330
1 ,7 1 5
65
2 ,3 8 3
1 8 ,8 6 9
6 ,2 8 1
6 ,8 2 8
5,=>67
3 ,3 2 3
4 ,0 0 0
1 0 ,6 7 9
4 4 ,8 3 9
1 1 ,5 0 0
7 ,0 0 0
1 5 ,9 5 3
1 1 0 ,7 5 8
3 3 ,5 6 8
4 6 ,1 9 7
8 3 ,1 9 9
2 6 ,4 2 3
4 6 ,2 1 4
8 4 /7 5
1 4 9 ,7 6 9
4 4 ,5 6 9
4 8 .4 2 8
4 7 ,8 9 2
4 ,3 5 7
7 2 ,2 2 3
2 5 ,4 7 3
3 0 ,6 3 1
2 9 ,1 2 4
4 5 ,4 1 8
6 1 ,6 7 2
5 0 ,3 6 5
4 6 8 ,0 4 8
1 6 ,8 7 9
1 8 ,6 8 3
1 3 8 ,8 6 2
1 1 ,3 9 9
1 3 ,6 0 8
3 7 9 ,5 3 7
1 7 ,3 4 5
4 9 ,6 4 9
3 7 ,5 1 4
9 0 8 ,2 9 8
816
846
1 ,1 8 5
9 ,2 7 1
301
289
3 ,9 6 0
50
406
1 2 ,2 7 2
740
515
130
1 9 ,2 3 3
1 6 .3 0 0
3 3 ,4 1 1
1 0 ,8 2 4
6 ,3 6 7
4 ,9 4 5
610
1 8 ,7 8 4
2 ,0 1 4
9 ,2 0 0
5 ,0 3 0
9 ,3 9 1
1 8 .0 7 5
1 7 ,0 3 5
7 3 ,7 3 4
200
2 ,5 0 0
8 ,4 7 8
200
960
1 1 9 ,7 2 1
1 ,9 8 9
4 ,2 9 4
552
2 9 ,4 1 6
5 0 ,6 3 9 3 ,1 2 2 ,2 2 8
7 1 ,5 0 3
4 5 8 ,2 7 9
1 ,4 9 3
2 ,4 4 0
375
508
310
76
736
256
200
379
515
2 2 ,0 0 0
1 .1 2 0
1 .5 2 8
953
1 1 ,0 9 6
438
124
3 ,7 0 0
558
250
7 ,8 3 3
513
624
216
2 7 ,0 1 0
38
2 ,1 7 6
226
589
1 ,2 2 1
72
491
2 ,5 7 5
3 ,0 0 0
8 ,1 3 4
2 ,3 4 0
9 ,5 0 0
1 7 ,5 0 0
1 2 ,0 0 0
5 1 ,5 3 5
100
1 ,0 0 0
5 ,6 5 1
120
1 3 6 ,8 1 7
600
2 ,2 0 0
350
3 6 ,2 1 1
7 0 ,2 2 6 4 3 3 ,4 1 7
399
326
44
9 ,2 2 8
301
489
4 ,2 0 2
50
400
5 ,4 1 9
1 ,1 1 8
561
205
1 6 ,3 0 5
4 3 ,8 0 0
S a le s , t o t a l ................
P r i c e s p a i d (r a n g e ) 6 * 7 7 ® 7*26
C l o s i n g ........................ B ’ r l y s t e a d y .
©
M onday, F eb. 8 —
S a le s , t o t a l ................
4> 5
ca
P r ic e s p a id (ra n g e )
ci
C
l o s i n g ........................
w -*-»
« £
D •«
S
D
£ 5
uj
a
p
a,
g|
^ 5
S
2
j —
■<1 _,
00
.S
H
w
P
OD
— ® —
6 -9 5 — 6 9 6
1 1 ,1 0 0
6 * 9 9 ® 7*04
6 -9 9 — 7 0 0
500
7 - 0 8 ® 7 -1 0
7*0 5 — 7*07
1 9 ,7 0 0
7 - 1 2 ® 7 -1 7
7 1 2 - 713
2 ,0 0 0
7 * 1 7 ® 7*22
7 - 1 6 - 7 -1 7
1 ,7 0 0
7 * 2 2 ® 7*26
7*2 1 — 7*22
5 ,8 0 0
7*22 es 7*26
7*2 1 — 7*22
— ® —
6 * 8 9 - 6*91
1 ,0 0 0
6*77® 6 - 7 6 - 6 -7 8
N ovem b er.
D ec e m b e r .
1 ,5 0 0
6 7 8 ® 6*85
6 * 7 8 - 6*79
500
— ® 6 -8 8
6 - 8 2 ® 6 -8 4
L ow er
A v ’ g e . . 6*87 A v ’ g e . . 6 -8 8 A v ’ g e . . 6*93 A v ’ g e . . 7 -0 1 A v ’ g e .. 7-OG A v ’ g e . . 7 -1 0 A v ’ g e . . 7-11 A v ’ g e . . --------- A v ’ g e . . 6*68 A v ’ g e . . 6 -6 8 A v ’g e . . 6*74
2 2 2 ,0 0 0
8 ,8 0 0
1 ,3 0 0
7 9 ,9 0 0
9 1 ,8 0 0
9 ,6 0 0
4 ,9 0 0
1 5 ,4 0 0
1 ,8 0 0
5 .S 0 0
6 * 6 2 ® 7 -1 5 6*82'® 6*89 6 - 8 3 ® 6*92 6 * 8 9 ® 6*99 6 - 9 5 ® 7 -0 6 7 - 0 2 ® 7 -1 1 7 0 7 ® 7 1 4 7 * 0 6 ® 7*15
— ® —
6 * 6 4 ® 6*71 6 - 6 2 ® 6 72 6 * 6 9 ® 6*76
S tead y .
6 - 8 3 - 6 -8 4 6*85— 6*86 6 - 9 2 — 6 -9 3 6*9 9 — 7 0 0 7 0 4 — 7 ’ 0 5 7 * 0 9 - 7*10 7 - 1 0 - 7-11
6 * 7 9 - 6-81 6 * 6 7 - 6*68 6*6 8 — 6 6 8 6 * 7 2 - 6*74
A„ * „ »
S a le s , t o t a l ................
P r i c e s p a i d (r a n g e )
C l o s i n g ........................
1 0 3 ,1 0 0
6 * 6 9 ® 7*15
S tea d y .
700
6 * 8 8 ® 6*89
6*8 5 — 6*87
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6 * 8 5 ® 6*90
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3 ,0 0 0
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300
*
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6 -8 1 3 —
6 - 8 1 - 6 -8 2 6*7 1 — 6*72
340
2 ,5 3 2
300
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1 ,3 7 2
150
2 ,9 7 7
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4 ,3 8 6
1 ,1 5 5
8H5
1 ,4 5 4
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302
500
. >• •—
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1 5 ^ 3 ,2
THE (JHROMCLE.
3*36
UCOTATIONe r o il illPD UNtl COTTON AT OT11KM MARKETS.—
B e lo w a te clo s in g Q uotation* o f m id d lin g n o tio n a t S ou th ern
and o th e r princSpaS ootu in m arkets fo r e a ch d a y o f th e w ea k .
■1...1IN.I OU iTATIlW*
WOBUSl! .;»)rVos OS
W e e k e n d i n g ; ................................ .............— .
r*b i t ,
j
QftlTMtou . .
tto w u cti»»*
Mobil*
Savanna: ...
0 **1*
'WUt&lngum ,;
<ih
f
Norfolk......
Bootes*........
Baltimore
Mi*Mi*.»**J
....
..
Houston__
O M o m t t ,,
a*®**
A n.
...........
M on,
Tucs.
7
0>*te
ti\
mt
m
6%
7 'a
ll4
->*
6%
614,,
7*h»
t» x *
7H
7%
! i ia
7
7
2
flil!8
Wed tics.
6k
7
7
7
Jrri
®}*»«
|
6> »„
a%
a iJ,»
6 »M
0%
6*«
7*4
7*4
71)4
ffli“
6 '8
?*i*
t 31«
.•10
« ,4l*
613,0
6%
7
7
6%
6Tg
<3
O
E
7
7#?h:6
• «>*,(
T hurt,
RECEIPTS FROM THE P l a n t a t io n s .—T he
*
fo llo w in g table
Indicates the actual movement each week from the plantations,
live figures do not include overland receipts nor Southern
consumption; they are simply a statement o f the weekly
movement from tlie plantations of that part of the orop which
finally reaches the market through the outports,
m nt
iSSSSSE
r l i 't i i
R/icipU,u ths Port*. St hai InteriorTowns. R&c'ptsfromPhint’n*.
lf|*h
MnMim— mr. i*<«. j ist)&. i is»7. vm. 1895. 1897. 1896. 1895.
170.267
175,4-41
it,a. S---- 1i w jm.mjS07»?4«|652,805 565,410
131.755
171 179
* 15..,.. i5i mi. 11*33? msae 632.U9 552,608
100.958
160,482
W SS....A 1m,tml11.2.396!2l3,026!60t,«i7 533,688
106,571
182,150
505,878
m,ml
m
zsm
l
100,835
[471,186
* . . .. ..
131.750
74,778
Feb. 5.-.-- lOJJMK113,539 166,088 UMfiO 4704.43
04,682
108.825
** It. .. 105.604 J06.440 133.9891433,41" 458.279
The above statement shows: 1.—That the total receipts
from the plantations since Sept. 1,1898, are 8,C69,945 bales; in
"(.T ribal
1,891,100 bales.
3.—That although the receipts at the outports the past week
were 10.7,664 bales, the actual movement from plantations wa>
only 91.003 bales, the balance being taken from the stocks ai
the interior towns. Last year the receipts from the plantations
for the w.ek were 85^583 bales and for 1895 they wer
108,823 bales.
O v e r l a n d Mo v e m e n t
fob th e
W
eek and
S in ce S e p t . ! . —
We give below a statement showing the overland movement
foi th >week and since September 1, As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail aa in our regular monthly report, but all
the principal matters o f interest are given. This weekly
publication is of course supplementary to’ the more extended
monthly statements. The results for the six days ending
Pt'b ! 1 ami since Sept. 1 in the last, two years are as follows.
1896-97.
F e b r u a r y 11
Week.
11.096
6,117
536
, i x u i l a . . ..............
Vik Cairo....................
Via P a r k e r .....................
V i s E v a n s v i l l e ..............
Via Louisville___....
Via Cincinnati...........
Via other routes, Ac.
2,362
3,5X4
6,103
S ince
Sept. 1.
104,637
215,887
11.300
2,178
107,451
08,211
94,561
1895-96.
Week.
9,271
4,563
70
3,142
2,031
1,263
13,278
00
102,054
02,544
70,364
29,728
934,258 20,340
835,791
9,578
28
411
254,862
3,163
24.691
6,935
17
1,480
184,400
2,487
32,178
Total to be deducted.........
10,014
282,716
8,432
219,065
Leaving total not overland*.
10,714
651,542
11,908
616,726
The foregoing shows that the week’s net overland movement
this year has been 10,714 bales, against 11,908 bales for the
week in 1896, and that for the season to date the aggregate net
ever land exhibits an increase over a vear ago of 84,810 bales.
i n Sight a m t Spinner#*
T akings,
1896-97.
Week.
Since
Sept. 1.
Te.rm .—No telegrams received.
New Orleans. Louisiana.—There has been rain on two days
during the week, the precipitation reaching one inoh and
sixty-three hundredths. Average thermometer 51.
‘'vlitmbiiN. Mississippi.—Rain has fallen on four days of the
week to the extent of two inches and four hundredths. A v
erage thermometer 54, highest 65, lowest 30.
Mobile. Alabama .—W e have had heavy rain on three days
of the past week, the rainfall being one inch and eighty-two
hundredths. The thermometer has averaged 53, the highest
being 67 and the lowest 40.
Montgomery, Alabama .—It has rained on four days of the
week, the precipitation reaching one inch and sixty-four hun
dredths, and it ia still raining, The thermometer has aver
aged 49, ranging from 40 to 57.
Madison., Florida .—There has been rain on three days, the
precipitation reaching one inch and eighty hundredths. A v
erage thermometer 58, highest 70 and lowest 41.
Savannah, Georgia.—There has been rain during the week
to the extent of one inch and forty-seven hundredths on six
days. The thermometer has averaged 54, ranging from 42
to 66.
Charleston, South Carolina.—It has mined on three days of
the week to the extent of one inch and four hundredths.
The thermometer has averaged 54, the highest being 64 and
the lowest 44.
Stateburg, South Carolina.—W e have had rain on three
days of the week, the precipitation reaohing three inches and
forty hundredths. The thermometer has averaged 47-6, rang
ing from 89 to 63.
Wilson. North Carolina.—There has been rain on two days
of the week, the rainfall reaching seventy-seven hundredths
of an inch. The thermometer has ranged from 30 to 84;
averaging 49.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o ’clock February 10, 1897, and February 13, 1896.
Feb. 10, '97. Feb. 1 3 ,'9 6 .
•13 pd. toexok.8,501 Mek.for May.
■04 pd. to exok. 700 Feb. for Mob.
•03 prt. to oxcli. 800 Feb. for Hok,
•18 pd. toexcti. 1,000 Meli.t >r J’ ne.
•23 pd. to exok. 800 Meh. for July.
•10 pd. to exoh. 300 May for July.
■23 pd. to exok. 100 Mol), for Aug.
•24 pd. to exok. 700 Mek. tor Aug.
■07 pd. to exoh. BOO Apr. for May.
■I4pd.toexck.10.100 Moll.for May.
•11 pd. to exok. BOO May for Aug.
•24 pd. to exok. 2,900 Mck.for July.
'96-7
'95-6
,94-5
,93-4
5,000
7 .0 0 0 181,000
15.000 15.000
1.000 1,000
2.000 65,000
13.000 207.000
9.000 14.000 24.000 252.000
by
telegraph from 1 he South this evening so far as received in
dicate that rain has been general and that in a few localities
the precipitation has been heavy. The temperature lias been
h igher.
R eceipts.
Total.
Thie
W eek.
188,000
270.000
07,000
220.000
49.000
63.000
32.000
58.000
S ince
Sept. 1.
571.000
908.000
372.000
619.000
According to the foregoing Bombay appears to show
a decrease compared with last year in the week’s receipts of
14,000 bales and an increase in shipments of 1,009 bales, and
the shipments since Sept. 1 show a decrease of 89,000 bales.
The movement at Calcutta, Madras and other India ports fo r
the last reported week and since the 1st of September, for tw o
years, has been as follows. “ Other ports” cover Ceylon,
Tutioorin, Kurraohee and Coconada.
Great
B r ita i n .
Since
Sept, 1.
us
C onti
n en t.
15.000 15.000
Oontinent.
S h ip m en ts s in c e Sept, 1.
—
G reat
B r ita in . C ontinent.
Total.
1,000
......
1896-07...
1895-96...
to
•19 pd. to exok. 2.400 Mok. for J'ne.
•01 pd. to exok. 600 Feb. for Mok.
•25 pd.to axok. 1,100 Mck.for Aug.
■06 pd. to exok. 1,100 Apr. for May.
•17 pd. to exok. 100 Apr. for Aug.
•OS pd. to exoh, 200 June for Aug.
•25 pd. to exek. 200 Mok. for July.
■06 pd. to exok. 1,400 Apr. for May.
•05 pd. to exok. 400 Nov. for Doo.
■01 pd. to axok. 300 July for Aug.
•05 pd. to exok. 1,100 Dee. fo r Sep
S hipm en ts f o r the w eek.
It will bo x*»n by the above that there has come into sight
during the w .ck 133,390 bales, against 116,45(1 bales for the
Bain" week of 1896, and that the increase In amount in sight
to-night ns c w a r e d with last, year is t,431,023 bales.
T kleo Ra pel — Reports
h a v e been m a d e
S h ip m en ts sin ce Sept. 1.
S h ip m en ts th is w eek.
T ear Great O ontiG reat
B rit’ n. n en t. Total. B r ita in
H#o«Sp!§ at porta to F>b. 1 1 ...,., 105,665 5,757.122 100,440 1,255,157
Hot ovetiand to Fob. 11______
19," 14 651.512 11,908 616,726
Bootbem ronauniptKm to Feb. 11 10,000 485,000 19,000 •179,000
Total m m k ®toil. . . . .
114.370 6,803.601 137,354 5,350,883
Cstofterf sioefei toexeoas-. . . . .. . . *10,983 312,823 *20,864 423,579
V m im Into atfitt Coring week. 133,396
116,190
f < r t i l I n F e b . it .,.,....
7,206,487
5,770,462
Iforth’ B »plnr,«rs tAk'gsto Feb. 11 42.663 1,180,291 20,843 1.198,263 Total all—
nr
8-6
20-1
20-1
160
25*4
8-2
11-2
23*0
5-3
19*1
B x c h a n s e s .—The following exchanges
during the week:
O aloutt#1890-07...
1895-96...
Madras1896-07...
1895-96...
AU otkera—
1896-97...
1895-96...
W p. ath ek R eports
F eet.
Feet,
New Orleans........ ...... Above zero of gauge.
Memphis. . . . . . . . . .
Naahville...............
Shreveport-............
Vicksburg..............
1895-96.
Week.
.
India Cotton Movement From all Ports.—The receipts
and shipments o f cotton at Bombay have been as follows f o r
401,863 the week and year, bringing the figures down to Feb. 11.
185,628
aowBAr aeOEtpTS and sarrikiirrs for four roARs.
Total gross overland..............
’ IsokuUnjt movement by rail to Canada!
l x iv
Since
Sept. 1
Overland to N. Y., boston, Ao.
Between interior towns...........
Inland, A®., from South...........
D edu ct *h ip m en tt—
[V o l ,
1,000
*
1,000
1,000
Total.
4,000
5,000
19,000
9,000
2 3 .0 0 0
9,000
18,000
17,000
14,000
26,000
32,000
13.000
19,000
40,000
30,000
53,000
49,000
26,000
42,000
76,000
53,000
102,000
95,000
14.000
EXPORTS TO EUROPE PROW ALL INDIA.
1896-97.
1895-96.
1894-95.
S hip m en ts
to a ll E u rop e
fr o m —
T his
week.
S ince
S ept. 1.
This
week.
S ince
Sept. 1.
This
w eek.
15,000
1,000
188,000
102,000
14,000
276,000
95,000
15,000
i l l other ports
67.000
73.000
16,000 ' 290,000
14,000
371,000
15,000
140,000
T otal
S ince
Sept, 1.
THE CHRONICLE,
F ebruary 13, 1897.J
A lexandria Receipts and Shipments.—Through arrange
ments we have made with Messrs. Davies, Benachi & Co., o f
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
corresponding week of the previous tw o years.
A l e x a n d r i a , E o u p t,
l e b r u a r y 10.
1 8 9 6 -9 7 .
1 8 9 5 -9 6 .
1 8 9 4 -9 5 .
1 4 5 ,0 0 0
4 , 7 3 9 ,0 0 0
1 3 0 ,0 0 0
4 ,5 7 5 ,0 0 0
1 3 5 ,0 0 0
3 , 9 4 0 ,0 0 0
R e c e i p t s ( o a n t a r a " ) ____
m i s w eek.______ ______
8 i n e e S e p t . 1 .................
S in c e
S ep t. 1.
T h is
w eek .
E x p o r t- (b a le s )—
T o L i v e r p o o l . . . . . . . 1 0 ,0 0 0 2 3 8 .0 0 0
T o C o n t i n e n t l ......... .. 1 6 ,0 0 0 2 0 1 .0 0 0
T h is
w eek .
S in c e
S ep t. 1.
1 0 ,0 0 0 2 5 6 .0 0 0
1 3 ,0 0 0 2 0 6 .0 0 0
T h is
w eek .
S in c e
S ep t. 1.
9 ,0 0 0 2 0 3 .0 0 0
1 1 ,0 0 0 2 1 8 .0 0 0
T ota l E u rop e.
. . . 2 6 ,0 0 0 4 3 9 ,0 0 0 1 23 ,000 4 6 2 ,0 0 0 2 0 ,0 0 0 4 2 1 ,0 0 0
* A c a n t a r Is 9 8 p o u n d s .
f O f w n ie h t o A ra e rin a In 1 S 9 6 -9 7 , 2 3 .0 L 7 b a l e s ; i n 1 8 9 5 - 9 6 , 1 1 , 3 0 3
b a le s ; i n 1 8 9 4 -9 5 . 2 8 , 6 2 4 b a l e s .
This statement shows that the receipts for the week ending
Feb. 10 were 145,000 cantars and the shipments to all Europe
26,000 bales.
Manchester Market.—Our report received by cable
to-night from Manchester states that the market is steady for
both yarns and shirtings. The demand for both home trade
and foreign markets is improving. We give the prices for
to-day below and leave those for previous weeks o f this and
last year for comparison:
1897.
a ss vop.
Jan. 8
•' 15
“ 22
“ 29
F eb. 5
“ 11
d.
6^3
6^
6*4
64,
6^8
d.
® 7 *8
® 7%
1*7*4
»7*e
a>7%
w7
1896.
8 H lb s. S h irt- O ott'n
in g s , c o m m o n
to f i n e s t .
s.
4
4
4
4
4
4
d.
8.
lh j» 6
112*8
l
®6
1
V 6
l ®6
01a4>6
d.
7L j
74
7
7
7
6
uop.
M id .
TJplds
d.
4
4i.'j2
4 1 ,,
d.
6
d.
8 H lb s. S h ir t- O ott'n
i n g s , c o m m o n M id .
to f i n e s t .
U p ld
8.
4
4
65g
4
=s
4
31I32 6 %
33 * 6 % ® 7 ’ i«|4
3 3 7 .* 6 * is a>75 « 4
6
d>7H
^738
3738
d.
5
8.
4^a>6
4 hi d>6
5 ®6
4 Hr® 6
i ®G
d.
d.
41V ,
8
4*2
74
74
8
74
7
4»8
4 0 i3
Itfaa
S e a I s l a n d C o t t o n M o v e m e n t . — We have received this
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The
receipts for the week ending to-night (Feb. 11) and since
Sept. 1, 1896, the stocks to-night, and the same items for the
corresponding periods o f 189."-% are as f o l l o w s .
R e c e i p t s to F e b . 1 1 .
1 8 9 6 -9 7 .
1 8 9 5 -9 6 .
T h is j S in c e
w ee k . S ep t. 1.
T h is
S in c e
w e e k . S e p t. 1.
S a v a n n a h ...........
C h a r le s t o n , A c .
F l o r id a . A c .........
tilOCK
1897.
L8i 6
9 0 0 7 8 ,6 1 7
ftO 1 0 ,1 2 1
298!
6 ,2 6 2
824
51
45
7 0 ,2 7 2 2 1 ,5 8 5 1 6 ,5 3 3
1 0 ,0 5 1 4 ,1 7 4 2 ,5 2 7
4 ,7 8 3 4 ,7 8 3 2 ,0 8 8
1 . 2 1 8 ! 9 5 ,0 0 0
920
8 5 . 1 0 6 3 0 . 5 4 2 2 1 ,1 4 8
337
Domestic Exports of Cotton Manufactures.—We give
below a statement showing the exports of domestic cotton
manufactures for December and for the twelve months ended
Dec. 31, 1896, and for purposes of comparison like figures for
the corresponding periods of the previous year are also
presented :
Quantities o f M anu factu res o f Cot M onth ending Dec. 31. 12 mo 8. endino D ec. 31
to n (colored and uncolored)
exported to—
1890.
1895.
1896.
1895.
1,153.933
58.141
49.56J
49,15t
3,509,8#
853,028
G e r m a n y .....................................
F ra n ce ...........................................
Other co u n trie s in E u r o p e .. ..
British N o rth A m e r ic a ...........
M e x ic o .... ..................................
Central A m e rica n States and
B ritish H o n d u r a s ..................
C u b a ...............................................
P u e rto R i c o .................................
Santo D o m in g o ..........................
Other W est In d ie s ....................
A rgentine R e p n b lic ..................
Brazil ...........................................
United States o f C o lo m b ia ...
Other c o u n tr ie s in S. A m e r ic a
China..............................................
Brit. P o sse s’ns in A u stra la sia
British In d ia and E a st Indies
Other c o u n tr ie s in A s ia and
O oean ica....................................
V frica............................................
I th e r co u n tr ie s ..........................
328,824
*31,73j
767,156
20,637
1,00C
188,807
1,324,811
199,405
810,606
473,256
3,073,8*7
7,977,213
37,140
2,119,651
148,100
11,408,593
l,389,56f
237,0O(
79,125
1.079,012
1,055,295 35,519.38C
432,372
7,280,007
772.756 11,720,035
17,336
244.35C
31,45f
293,390
103,041
2,094,77c
1.390.89U 11.542,120
207,194
4.313,130
1,041,59a
9,500,598
219,282
7,454,202
2,063,018 20.346,497
4,748.40C 107.C63.411
101,742
714,821
449,000
3,148,849
12,867,952
251,253
324,877
1,652,166
15.099,310
2,917,050
11,600,909
0,200,725
29,056,809
40,815,774
720,185
3,430,809
547,907 20,508,274
2,032,338 14,504,407
4,921,786
10,898,233
10,469,039
0,674,729
8,851,417
2,444,250
139.950
719,243
7,273.155
6,608,681
T o ta l yards o f a b o v e ...
23,217,473
16,513,970 231,211,521 179,619,882
T otal v a lu e s o f a b o v e ..,
f a lu e per y a r d ....... .............. .
11,380,924
$•0597
*1,007,519 *10,245,077 *10,100,881
*•0610
*'0577
*•0562
Values o f other M a n u fa ctu res of
C otton exported to—
U nited K in g d o m ..................................
G erm any..................................................
F ra n ce ......................................................
Other co u n trie s in E u ro p e ..............
3ritlsh N orth A m e r ic a ......................
M exloo......................................................
Central A m erica n S tates & British
H on du ras...........................................
Cuba..........................................................
P u erto R ic o ...........................................
Santo D o m in g o ....................................
Other W e s t In d ie s .............................
A rgen tine R e p u b lic ..................... ...
Brazil........................................................
U nited States o f C o lo m b ia ............
Other co u n trie s in So. A m e r ic a ___
C h ina........................................................
British A u stra la sia .............................
British India and E a st In d ie s .......
Other co u n trie s In A sia and
O oeanica...............................................
A frica .......................................................
Htaer c o u n t r ie s ....................................
T otal valu e o f o th e r m a n u fa o
tures o f .............................................
tg gregare val ne o f al 1c o tto n aoods
*24.421
2L.201
772
8,582
90,704
28,415
*43,969
13,228
505
10,066
100,222
22,201
*407.637
123,053
15,761
P5.347
1,360,567
338,349
*337,075
260,338
10,555
45,137
1,9*2,877
257,212
33,102
5,6l’8
441
74 4
11,028
8,925
2,699
0.341
4,409
8»
14,4 20
75
28,239
6,648
718
t'8
8,547
2,503
9,278
2.33o
7,000
850
7,794
111
218,423
47,688
5,016
25,608
83,950
02,978
00,595
47,050
58,410
142,742
137,995
3,353
219,314
44,482
5,736
3,155
85,183
27,413
73,271
25.333
52,757
56,074
99,912
3,338
3«.0S8;
7,170
876:
14,934
6.006
2,072
329,859
46,259
15,751
263,529
39,523
21,939
*285,354 in .sb o.ssa 1 *3.914,133
*306,787
11,093,711- *1.292.873 *19.841.009 ;*14,015,014
T h e E x p o r t s o f C o t t o n from New York this week show a
decrease compared with last week, the total reaching 10,766
bales, against 31,813 bales last week. Below we give our
usual table, showing the exports o f cotton from New York,
N o t e . — F i g u r e s to
The exports for the week ending this evening reach a
total of 260 bales, of which 93 bales were to Great Britain,
167 to France and — t o Reval, and the amount forwarded t o
Northern mills has been 933 bales. Below are the exports
for the week and since September 1 in 1896-97 and 1895-96.
W ee t E n d in g F e b . 11.
E x p o rts
fro m —
S 'v a n n ’ h, A c
C h a r l’ t’ n . A c
F l o r id a , A c .
N e w Y o r k ..
B o s t o n ..........
P h i la ., A c . . .
(Treat
B rit’ n
F r ’ n ce
A c.
F r 'n c c
A c.
T o ta l.
1 5 .0 2 9 2 ,7 7 6 1 7 ,8 0 4
2 , 9 3 3 1 ........... 2 ,9 3 3
:::::
167
107
93
‘ ‘ “ 93
S in c e S ep t. 1 , 1 8 9 8 .
G rea t
T o ta l. B r i t 'n
N o r th 'n If u
S in e
W eek . S e p t.:
• 5 0 0 2 0 ,6 5 4
2 0 0 1 ,0 6 0
2 9 8 6 ,2 6 2
7 * 2 4 7 4 ,9 6 2 1 2 ,2 0 9
5 ,8 3 1 , ..........
5 ,8 3 1
575
102
677
T o t a l ..........
93
167
2 6 0 3 1 ,6 1 4
7 ,8 4 0 3 9 ,4 5 4
9 9 8 2 7 ,9 7 6
T o t a l 1 8 9 5 -6
172
116
2 S 8 2 8 , 6 0 l ! 5 ,5 7 3 3 4 ,1 7 4
8 2 2 3 0 ,1 6 9
EXPORTS OP OOTTON (BALES) FROM NEW T O R N SINGE SEPT. 1 . 1 8 . 6 .
W eek E n d in g E x p o rted t o —
T o ta l
s in c e
S ep t. 1.
Sam e
p e r io d
p r e v io u s
year.
Jan.
22
J a n . 1 F tb .
29.
5
F eb.
11
L i v e r p o o l .......................
O th e r B r i t is h p o r t s . .
7,09.5
2 ,1 0 0
6 ,2 7 7
388
7 ,7 6 4
4 ,8 2 5
1 ,6 6 4
3 ,1 6 1
1 4 4 ,7 0 9
6 3 ,8 7 6
1 3 0 .5 7 0
3 7 ,1 6 1
T o t . t o G t . B r i t ’n .
9 ,1 9 5
6 ,6 8 5 1 2 ,5 8 9
4 ,8 2 5
2 0 8 ,5 8 5
1 6 7 ,7 3 1
H a v r e .....................
O th e r F r e n c h p o r t s ..
1 ,2 4 6
....
725
...........
972
..........
894
1 8 ,5 7 8
1 8 ,1 8 4
T o t a l F r e n c h ___
1 ,2 4 6
725
972
894
1 8 ,5 7 8
1 8 ,1 8 4
B r e m e n ............................
615
750
1 ,5 3 1
50
...........
1 ,4 3 5
453
2 8 ,2 7 1
8 ,2 9 0
1 9 ,1 2 2
5 7 ,4 3 3
2 2 ,6 7 4
3 2 ,6 5 6
1 ,8 8 8
5 5 ,6 8 3
1 1 2 ,7 6 3
3 ,1 5 9
5 7 ,2 3 5
541
O th e r p o r t s ....................
1 ,8 9 1 '
..........
100,
T o t . t o N o .E u r o p e
1 ,3 6 5
1 ,9 9 1
S p a in , I t a ly , A o ..........
M l o t h e r .........................
2 ,9 0 S
2
1 ,1 0 8
3
1 ,5 8 1
......
3 6 ,4 3 8
Quotations Feb. 11 at Savannah, for Floridas, common,
817
medium fine, U ^ c .; choice, U } { c .
T o t a l S p a i n , A c . . 2 ,9 1 0 1 ,1 1 1 6 ,6 7 1 3 ,1 5 9
3 7 ,2 5 5
5 7 ,7 7 6
Charleston. Carolina^, medium fine,'i7W®X3c.; fine, 19@20c.;
fully fine, 21@23c ; extra fine, 28 to 85c.
3 3 5 ,9 3 3
G r a n d T o t a l ___ 1 4 ,7 1 6 1 0 .4 9 2 1 2 1 ,8 1 3 1 0 ,7 6 6 l 3 4 0 ,6 2 2
J ute Butts, Bagging , &c.—There has been little or noth
ing doing in jute bagging during the week under review, but
T h e F o l l o w in g a r e t h e G r o s s R e c e ip t s o f C o t t o n a t
quotations are nominally unchanged at 4% c for l% lbs., 5c. New York, Boston, Philadelphia and B altim ore fo r the past
for 2 lbs. and 5J£j for standard grades lu a jobbing wav. week, and since September 1, 1896.
Car-load 1 i s of standard bra ids are quoted at 4jgC. for l j^'
lbs., 5c. for 2 Ib.s. and 5J£e. for 2
lbs. f. o. b. at New York.
P h il a d e l p h ia
Ba l t i m o r e .
“ Ute butts are very dull at ll-16c. for paper quality, 1’40@
1 T h it
Sine*
T h */
Sine#
l% c. for mixing and bagging 1 and 19/c. for spinning butts,
\OtSt . S e p i. . we#/ .
all to arrive.
Sept.
E ist I n d i a C r o p —Messrs. Gaddum, Bythell & Co., of
Bombay, make the following telegraphic report under date
279
1,093
50,289
10,928
of January 28:
9c
, '
n
d o n o t i n c r e a s e a s t h e y s h o u l d w e r e t h e c r o p a s l a r g e as
n
i J
r‘ k<> b y t h e m o r e s a n g u in e e s t im a t o r s .
Som e
ntlttln t h a t t h e f a m in e a n d p la g u e h a v e a d v e r s e l y a ffe o t e d
'S ? '1 , o r ° ,lr m a r k e t , b u t o t h e r s e o n s l le r t h e s n u U
J I V J S ! i „ i . f; o lv
n a tu ra l r e s u lt o f a s h o r t c r o p . F o r e c a s ts reg a rd h A tn w /i...
f r o m all I n d ia in 1 3 9 6 -7 n o w a v e r a g e a b o u r .SI o e r c e n t
Is i o n e e „ H e
,r- " b ' c h w o u ld in an a d e f i c i t o f o n e m illio n b i l e s . It
‘• u f ? a l n ! Itted t h a t the. U h o lle r a a n il B r o a c h c r o c s w ill in t h e ir
m a r k e t •! ? S,!5.*J?e r ®bily s m a l le r ih m t h o s e g r o w n la s t s e a s o n . O o r
iS Jonrf
e v c s p r , f o r f! mi g sis a n il B r o a c h , w h ic h a r e
feature o f The w e e k '”V in t '£n® *'r b in g o i s p e r h a p s t h e m o s t n o t i c e a b le
e
6 ,6 7 1
..........
o
80,097
4C7
478
313
28,845
999
40,251
2,928
185,581
1.508
35.528
3.110
104,517
1,235
45,595
THE CHRONICLE.
388
©OJtTABATTnS POKT !<«0Blt*T6 iM<t U l U S CttOP MOVEMENT.
—A. com panion of the port movement by weeks ie not
accurate as the weeks in dififeiont years do not end on the
same day o f the month. We have consequently added to our
o th e r s ta n d in g tables a d a ily a n d monthly statement, that
the reader may constantiy have before him the data for
seeing the exact relative movement fo r the years named.
Tha monthly movements since September 1, ISfiO, and ir
p r ® w m u * f la m * Hi%%*& b*wi f\ mt f o llo w s :
(Tint 0%t^nm4m0 ‘•teptembn* 1.
KonlAfv
t
W a rm e r
U om m fc-ti
Jmnmrf
iiii,
.
1834.
; 1894.
1893
1891.
1892
383386) 518,702! 377,406 405,355; 676,823
1 , 0 -2 2 ,
1,311,279 1,135,473! 1,532,426
j Dl*t75*j 1,607,663-' 1,372,776 1,125,855: 1,376,909
0i739s‘»j 1,497,600j ! .23 ',738 930,029 1,215,144
035»078. S48*U8j 938,197; 887,028; 436,457 665,162
[ V o l , L X 1V ,
M exico
B rem en Other
O fh tr
and
L ite r - United
d- R a m N orik South
bu
rg.E
u
rop
e
E
u
rop
e,J
a pa n . Tota>.
pool. K i n o &. H avre
Sew York. 1.064
N, Orleans. 28,259
Galveston,. ......
Mobile ... 4,8:5
Pensacola..............
S*V*UEU4il...............
UhurbftfOG. . . . . . .
Norfolk . . .
150
S’ p‘t News 1 379
Boston. ... 13.822
Baltimore...............
PhliftrtePft..
258
8au Fran.. . . . . . .
Seattle...................
453 3,159
L,ii3 . . . . . .
. . . . .. .......
......
___
......
1,066 9 877
4,037
709 . . . . . .
894 i t <5
3.161
9.851 13,354 2.270
5,074 8,499 6,021
5,328
2,207
.. . . .
4.542
1,350
____ _
. . . . -__ ,___
__ ,T
......
......
.
, ___ _
2,261
. - - rf...
......
......
_____
......
...........
10,76*5
60,177
19,591
........ 12,470
200
200
15,485
9,407
......
1,1.59
......
1,379
.......
......
......
. . . . .. 13,822
2,'. 04
......
„ _____ r _____
258
..........
3,700
3.700
1,150 4,150
......
. . . . ..
........
T ota l. . . . 50.707 20,353 27,747 26,180 3.701 17,093 8,050 153,831
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down t o
the latest dates:
Galveston’ —To Liverpool-Pali. 6-8tearaers Holywell, 6,976: Ida,
2,839 Traveller, 7,421; Yucatan, 1,8 >3.
To Amsterdam-Feb, 6—Steamer Arthur Head, 1.100.
Nsw O rleans - To Liverpool—Feb. 9 -St-saraer Polyoarp, 5,037.
To H avre-Feb 9—Steamer Leyden, 4,605.
To Bremen—Feb. 6—Steamers Niagara, 4.452; Hermann, 4,303.
To Hamburg-Fab. 3—Steamer York, 4,007.
This statement shows that up to January 81 the receipts
To Barcolona-Feh. 6—Steamer Grnu Antllla, 1,870 — Feb. 1 0 at the ports this year were 1,524,609 bales more than in
Steamer Curtiz, 5,150.
18S5 <J0 ,md 885,714 bales lest than in 1894-95. By adding to
To Malaga—Feb. 6—Steamer Gran Antllla, 1,000.
To
Genoa Feb. 6 —Steamer Gran AntlUa. 3,327.
the totals to January 81 the daily receipts since that time we
ensacola—To Liverpoal-Feb. 8 -Steamer Vivtna, 2.696.
shall i >able i >r ■»..m in exa ct com parison of the movement P
Savannah —To Bremen-Fab. 8-Steamor Inverness, 4,205.
for the different years.
Ta Wai berg-F eb. 8—Bark Iona, 1,900.
To Oporto—Feb. 9—Ba k Carlo, 500.
To Barcelona and G enoa-Fcb. 10—Steamer Migusl Giilart, 8,409.
1898-97. 1895-96. 1894-95. 1893-94. 1892-93 1891-92. Norfolk
—To Llverp m i-F eb. 8—Steamer Lambert's Point, 1 ,0 7 1 ....
Feb. 9—Steamer Meaantie, 3.395.
To-Jan 3 i 5,559,131 4,035,122 6.184,945 4,888.219 4,033,169 5,466.464
ToBiemen—Feb. 5—steamer Alberta, 200.
24,498 Boston—To Liverpool—Fab. 2—Steamer Cestrian, 4,872 upland and 61
11,778
33,521
15.242
8,559
To b. 1 - . .
18,192
8eaIsland (additional) ...F eb. 4 -Steamer Hunan, 9 69— Feb. 5
30,360
12,636
17,014
8.
21,794
22.797
*> 2 ...
—St'=amer Bylvania, 1,262.... Feb. 6-Steam er Sagamore, 132.
10,188
11,222
14,2 47
22.004
22,277
8.
•* 3 ...
To Yarmouth—Feb. 5—Steamer Boston, 6 ,.„ .F e b . 9—Steamer
8.
11,759
18,668
« 4 ..,.
23,198
31,435
15.662
Boston, 29.
8.
24,3 lf
32,029 Baltimore —To Liverpool—Feb, 1 -steam er Ul-termore, 3,742.
«* 5 ...
15.650
27,80
14,584
To
Rotterdam—Feb. 2—Steamer Urbino, 200.
15,960
23,043 Tacoma
15,791
19.605
“ 0 ....
21.993
14,171
—To Japan—Feb. 9—Steamer Taooraa, 2,283.
17,747
8.
5,368
22.50"
13,191
•* 7 . . . .
8.
Below we give all news received to date of disasters to
37.82C
13.403
27,862
16,501
11.840
« 8 ....
26,964
vessels carrying cotton from United States ports, &c.:
12,049
24,561
49,451
20 912
8.
10,511
•< 9 ..,.
AUGLOMAN, steamer (Br,), from Boston, Jan. 30, lor Liverpool, went
12,100
20,313
11,802
17*756
8.
22,477
1 0 ..
ashore on skerries Island, in the Irish Sea, on Feb. 9 ami will
8.
24,904
3r>,662
9,650
26,235
probably be a total loss. The Anglomau has on hoard 1,238 bales
23,309
•* U ...
of cotton.
T o ta l. . 5,757,122;4,208,89 4 6,414,878 5,026,452 4,158,584 5,738 156
Cotton freights the past week have been as follow?.
Percentage of total :
84-00
81-39
81-15
port ree’pta Fob, 11
80T7
ra-03
Wedncs. T/turs.
F r i.
M on *
Tues.
S a lu r.
4,035,12 H6.! S i,845 14 858.219 4 033,169 5,466,484
T ot*!.,,
Fai^#'fea.g«mt tot. jnwp
76'33
78'70
7846 1 81 70
75 35
?#©&!t»l* Jwa•3 t -.
T h is sta te m e n t s h o w s th a t th e r e c e ip ts s in c e S ep t. 1 up to
to -n ig h t a re n o w t,54-8,223 b a les m ore th a n t h e y w e r e to the
sam e d a y o f th e m o n th in 1896 a n d 657,756 b a les less then
th ey w e re t o th e s a m e d a y o f th e m o n th in 1895. W e add to
th e ta b le th e p e r ce n ta g e s o f t o t a l p o r t r e c e ip t s w h ic h had
been r e c e iv e d t o F e b ru a ry I t l a e s c h o f th e y e a r s n a m ed .
S h ip p in g N e w s .— T h e ex p o rts o f c o t t o n fro m th e U n ite d
States th e past w eek , as per l a t e s t m a i l return s, h ave reach ed
153,831 bales.
Total bate*
N ew Y oke —Tf Liverpool, per steamer Nomadic, 1,664.............
To Hull, per ttaamer Martello, 448........................................
To Leith, per steamer B-uVorlull, 2,713.................................
To Havre, pur .Itvuner La Bretagne, 727 upland and 167
Sea b l e e d ........................................................... ........ ......... .
To Bremen, per steamers Aller. TOO— H. H. Meier, 1,335 ..
To Amsterdam, per steamer Schiedam 200........ ..................
earner Kensington, 253 ...................... .....
To Genoa, j» r -Tamers Fulda, J,Q88...KaramauIa, 1,875.
To Naples, per steamer Fulda. 103........................ ....... .......
N ew o h iiu k k - T o Liverpool, per "reamers Costa Rican, 2,910
. . . Madman, 10,979.. Mira, 5,000...SantauOerlno, 3,000
....Tutor)* an, 0,370................................................................
To Manchester, per steamers Lunina, 3,970...Salopla, 3,100
To Br.'.fant, per <t*amer Torr Heart, 2.781..
................ ......
'1 o H «vr-. t er steamer* Benrtttb, 5,400__ California, 6.513
11addon Hall. 8.435.................................................................
I o Hamburg, per steamer AUomantu, 2,270...........................
ToBaiterrtiiiB,.persteamer Avo, 2f;0 .....................................
To Antwerp, per steamer British Prince, 7!13........ .............
‘>
I !j .111ij j! II#, 450. ....... ................
ttatV E snm - l’< M»nnlio»i< r, o»r attwiuer Vain, 5,074................
To Havre, per steamer Baba, 8,490.........................................
•
n re, 4,9511..............................
To Hamburg, per steamers City of Worcester, 871 ___
Thorrti-a. 800 ................. ............. ........................................
K om i c I e I.lr. rfool, per ilearoei- Vera, 4.875........................
To Miw inui, r. p<-r Meaninr Etbiope. 2,267................... .
To Bremen, per steamer Clllolilmte, 5.328 .............................
PESsacol* - T o Prerressi.*, per steamer Utn. 2(*0 ................... .
i i s t v n i i I o Bremen, pi r s!> inner Port Philip, 4.512.............
To Antwerp, fur »x>w er Port Philip, 1,096...........................
To Barenlons. per steamer Mlvml M Ploillo*, 3.871............
To Malaga, per steamer Miguel M- Plolllos. i .non.............. .
Totten* a, per »learner* Llnwood, 3.20U__ Miguel ,M. PlnllIns. 1 ,8 0 0 ................................................. .......... .....................
L n a ni (nro s —To Hi- men. per •t..i,m r Coin:* a, 4,350 ......... .
To Barcelona and Genoa, per steamer Palka, 4.057........... .
Nm r or.a —i n Liverpool, per steamer Bttsmolts’et, 4Ao..............
To Antwerp, per Kteamer pinlgbt Oatnmumier. 700 ...
...
S s a r o R t m u . -To Liver pool, per steamer Kanawha. 1,379..
B o s k a - T ii Liverpool. per steamers Aaviomaa. 1,288 ...Data'■* 7 , ICO... (Vaninn. J,2 4 3....Barham. 1,2*3 11-.land
ard ,*0 l 84 airland....Victorian, 7,049 upland and 279
te-s Island ....
.. . . . . . . . . . . . . .. . . . . . . . .
........ ........
Baetimohi - f o Bremen, per steamer Munclu-n, 2.26s ............*
I id! in ti n n v fn Liverpool, per steamer Indiana, 258___
.
es v 7 HASrip, ,,-T o Japan, per steamer G-tello, 3,70 *................
» » attte- T i* Japao, per steamers AKupanthiis, 3,250__ Tensi. 01 Marti, 90S)............. ............... ......... ................................
1,664
448
2.713
894
1,435
son
253
2,963
196
1,071
4,875
2,2/,7
5,328
200
4,512
1,096
3 87 !
l 'o o i
5,006
4,3^0
4,057
450
709
1,379
13,822
2,*264
25H
3 700
4 450
T.dal ............................................................. .............................153.831
T h e p a rttcu la rso f these Shipm ents, a rran ged in ou r usual
fo r m , are as follow s.
*
!
;
[
kr
£
o
«
*
f
;
*
j
;
L i v e r p o o l . — -By cable f r o m Liverpool we have the follow ing
statement of the week’s sales, stocks. * n .. at that port.
28,259
7.070
2.781
18,354
2,270
200
793
150
5,074
8.499
4,950
1
J
Liverpool,asked.rt. 163171 16®17f 16®17i 16®17t 16®17t
Do
............d.
....
....
....
....
....
Havre.................. c.
301
30i
301
301
30t
„***
Do .................. c.
.. .
....
....
....
301
Bremen.............. d.
301
301
301
30i
....
Do .............. d.
....
....
251
251
Hamburg........... d.
251
251
251
....
....
Do
...........d.
....
....
....
30t
30!
301
301
Amsterdam........ c.
30f
Reval, v. Harab,.d.
732
7R2
7S2
2»2
7S2
Do v. Hull— d.
hs
S16
S18
3i6
3le
....
mm*.
Barcelona.......... d.
....
351
351
351
351
G enoa................ d.
351
Trieste................ cl.
3ie
316
a18
S18
%«
Antwerp............. d.
984
se4
»61
hi
S61
Ghent,v.Antw’p.d.
»ej
»«4
U5»
11f*
t Cents net per 100 lbs.
Jan, 22
Jan. 29.
F eb .
5.
57,000
60,000
64,000
Sales of the w eek........ .bales.
1,700
1,000
1,300
Of which exporters took__
7,400
7,200
2,000
Of which speculators took..
59,000
53,000
Sales American........................
55,000
3,000
6,000
3,000
Actual export...........................
61,000
8 ',000
60,000
Forwarded................................
Total etoek—E s t i m a t e d ............ 1,195,000 1,250,000 1,299,000
Of which American—Estim’d 1,043,000 1,097,000 1,142,000
113,000 120.000 135,000
Total import of the week........
It 9,000 123,000
1 0 1 ,0 0 0
Of which American..............
329,000 29 J,000 265,000
Amount afloat..........................
320,000 290,000 255,000
Of which American..............
12,
F eb.
;
£
£
o
©
The tone o f the Liverpool market for spots and futures each
day of the week ending Feb. 12 and the daily closing prices
of spot, cotton have boon as follows.
Spot
S a tu rd a y M ond ay.
T u esd a y . V ed ’ d o y Thursd’ y.
MiAUpl'ds,
33133
330 2
Fair
Moderate bu»tne«s
demand.
doing.
320,2
320j,9
Sales..........
Spec. A: exp.
6,000
500
8,000
500
10,000
500
Market, i In buyer?'
1:45 i>, M. ( favor.
F u tu res.
Market, 1
1:45 I-, m,|
Quiet.
Marhet, j Quiet but
4 »>. M. ( i steady.
Quiet.
Quiet at Steady at
2-C4 fle- partially
1-04 dec.
ellne.
Easy.
Steady.
10,000
-1,000
Easier.
327m
10.000
500
Quiet.
Meats? ai
2-C4 deoline.
Barely
steady.
Steady.
F rid
i
V
1
O
5?5
The prices of futures at Liverpool for each day are given
below. Prices are on thp basis of Uplands, Low Middling
clause, unless otherwise stated.
THE CHRONICLE.
F ebruary 13, 1897.J
T h e p r i c e s a r e g i v e n i n p e n c e a n d 64<A.
3 6 3 - 6 4 d ., a n d 4 0 1 m e a n s 4 1-64<Z.
S a tn r.
F eb . 6 to
F eb . 12 .
M on.
T h u s:
W ed.
T u es.
3 63 m ean s
T h n rs.
F r i.
4
4
1 :4 5
4 1 :4 5
12%
1 1 :4 5
1 :4 5
4
P.M . P. M P.M . P.M . P.M . P.M . P.M . P.M . P.M . P.M .
F e b r u a r y . ..
F e b .-M a r c h .
M o ll.-A p r il..
A p r i l - M a y ..
M a y - J u n e ..
J u n e -J u ly ..
J u l y .- A u g
A u g .- S e p t . .
S e p t .-O o t . . .
O c t .-N o v ...
N o v .- D e e . . .
D e c .-J a n ...
3
3
3
3
3
3
3
3
3
3
3
d.
d.
5 7 3 58
57 3 58
58 3 58
58 3 5 9
59 3 60
60 3 60
6 0 3 61
5 9 3 58
53 3 53
4 7 13 48
4813 4 7
3
3
3
3
3
3
3
3
3
3
3
d
54
54
54
55
56
56
57
55
50
45
14
3
3
3
3
3
3
3
3
3
3
3
d.
53
53
53
54
55
56
56
5+
49
45
44
3
3
3
3
3
3
3
3
3
3
3
d.
53
53
54
55
56
56
57
55
50
45
44
3
3
3
3
3
3
3
3
3
3
3
d.
52
52
53
54
55
55
56
54
49
44
43
3
3
3
3
3
3
3
3
3
3
3
d.
52
52
53
54
55
55
56
54
49
44
43
3
3
3
3
3
3
3
3
3
3
3
d.
d.
51 3 4 8
51 3 48
52 3 49
5 3 3 50
5 4 3 51
5 4 3 51
5 5 ,3 52
53 3 50
48 3 45
4 3 3 41
42 3 40
... ....
3
3
3
3
3
3
3
3
3
3
3
d.
50
50
50
51
52
52
53
51
46
41
40
'd
*©
©
SO . 2 RED W INTER W H EAT.
"> rf.
T h u -s
H on.
T u e*.
85
844
834
824
855s
8G 4
83=%
84%
824
*•2*6
834
814
80
79%
79
784
70
774
75%
7 7 >8
.0 .
.c .
J u l y d e l i v e r y . . . . . . . . . . ..C.
c.
Bat
*20%
3 0 ‘s
31%
H on.
28%
29%
3 00 4
F ri
A
2
©
53
t « I X R l > U O S fl
T u es
284
294
30%
W ed
28 4
29%
3 00 :te
4
28^8
29 4
3
3 00 '.i
4
GRAIN.
0.
C ora, p e r bu sh —
0.
91
W e s t ’n m i x e d . . . . . .
26 ©
N o . 2 m i x e d ............. 2 « 3 s ®
91%
92
W e s te rn y e l l o w ... 28 ©
91
W e s t e r n W h i t e ____ 28 ©
224 R ye—
30
W estern , p e r b u s h . 40 ©
22%
S ta te a n d J e r s e y .. 4 0 ©
24
B a r le y — W e s t e r n .. . .
38 ©
F e e d in g ....................... 3 3 4 ®
A g r ic u l t u r a l D e p a r t m e n t
There continued a slow and uninteresting market for Indian
corn futures. There was practically no speculative interest,
and under the weight of large supplies prices have continued
to gradually sag. Tne export demand both here and at outports has shown something of a shrinkage and this has had a
tendency to weaken values. To-day the operations were un
important and the variations slight," although a weaker ten
dency prevailed, owing largely to the continued abundant
movement from the West. Soot prices weakened slightly,
leading to only a fair export business, mainly for March to
June shipment. No. 2 for early loading quoted 2 JJg@29 f. o.
b, afloat, No. 2 for local account 29% delivered.
D A I L Y O LO SIN O P R IC E S O P N o .
V h ea t—
0.
S p r in g ,p e r b u s h .. 83 ©
R e d w in t e r N o . 2 . . 8 9 4 ®
R e d w i n t e r . . ......... 8 0 ©
H a r d , N o . 1 ......... .. 9 0 ©
O a ts— M ix e d , p e r b n . 19 ©
W h it e ........................... 20 3 4 ®
21% ®
N o. 2 m i x e d ___ . . .
V o . 2 w h i t e ____. . . .
23 ©
c.
293q
294
30
31
46
47
48
344
R e p o r t o n F a r m A n im a l s .—
The Agricultural Departments report on farm animals was
issued on February 10 as follows:
-A-8
©
B R E A D S T U F F S .
T h u r s d a y , February 11, 1897.
The market for wheat flour has been without changes or
new features of an interesting nature during the past week.
The amount of business transacted has been small, as the
home trade has limited its purchases to a few hand-to-mouth
orders and the export demand has been flit. Values, how
ever, have hell about steady, as stocks in sellers’ hands were
limited aDd there was no attempt io hurry business. Rye
flour has’sold slowly, but no changes have occurred in prices.
Demand for buckwheat flour has been limited to a few jo b
bing orders ; plices have been unchanged. Corn meal has
been quiet but about steady.
There has been a moderate amount of activity to the specu
lative dealings in the market for wheat futures, and the ten
dency of prices early in the week was towards a slightly higher
basis. Saturday prices advanced
and on Tuesday
there was a further gain of
to j|c. The strength came
principally from the West, where it was reported
that some of
the large operators were working
on the bull side of the
market, owing it was
stated, to the strength of the statistical posh ion.
Foreign advices came slightly stronger, and tnis also added
to the strength of the market. Wednt slay there was a de
cline. The buyers early in the week turned sellers, and
dull and taner foreign advices had a depressing influpnce.
To day tne dealings were devoid of spirit and chiefly of a
local scalping character, with the drift downward in the
absence of good support, owing in part to discouraging
cables. There has been only limited spot dealings, exporters
having few orders, and generally at lower limits. F. o. b. rates
as follows: No. 1 hard Dulutb, 92’^c.; No 1 Northern, 86>£c.;
No. 2 red, 91t^c.
D A IL Y OLOSINO PRICES OP
B at.
,.c . 8 4 %
95*!
82%
J u l y <leliverv .
-O. 7 * %
S ep tem b er del
•C 7 7 4
339
*•>-.
Holi
day'
T h e re tu rn s f o r J a n u a r y u p m c o m p a r a t iv e n u m b e r s a n d v a lu e s o f
f a r m a n im a ls s h o w a s t lie t o t a l n u m b e r o f h o r s e s 1 4 . 3 6 5 ,0 0 0 , m u le s
2 .2 1 6 .0 0 0 , m il c h c o w s l r * ,9 4 2 ,0 0 \ o x e n a n d o t h e r c a t t l e 3 0 ,5 0 3 ,0 0 0 ,
9 k e e p 3 6 ,8 1 9 .0 0 0 , a n d s w i n e 4 0 . 6 0 ) ,0 0 0 .
T h e a v e r a g e f a r m p r i c e s o e r h s a d a r e e s t im a t e d f o r h o r s e s $ 3 1 4 5 ,
m u le s $ 4 1 7 o . m i c h c o w s $ 2 1 16. o x e n a u d o t h e r c a t t l e $ 1 6 5 4 , s h e e p
$1 8 3 , s w ia e $ 4 12.
I’h e a g g re g a t e v a l u e s a r e f o r h o r s e s $ 4 5 1 ,8 0 0 ,0 0 0 , m u le s $ 9 2 ,4 0 0 ,0 0 0 . m il c h c *w* $ 3 6 9 .3 0 0 ,0 0 0 , o x e n a n d o t h e r c a t
t le $ 5 0 4 ,5 0 0 ,0 u 0 , h h ;e p * 6 7 ,5 1 )0 ,0 0 0 , s w i a e $ 1 6 7 , 4 0 0 ,0 0 0 ; g r a n d t o
t a l, $ 1 ,6 5 2 ,9 0 0 ,0 0 0 .
l a n u m b e r t h e r e a n p e a r s t o b e a d e c r e a s e o f 5 p e r c e a t iu h o r s e s , 2*3
p e r c e n t in m u le s , 1*2 p e r c e n t in m ilc h c o w s , 4*9 p e r c e n t i n o x e n a u d
o t h e r c a t t le . 3*9 p e r c m t in s h e e p a m i 5 -2 p e r c e n t i a s w i n e d u r i n g t h e
y e a r . H o r s e s a u d m u le s a r e i n c r e a s i n g in t h e S o u t h A t l a n t i c a n d
G u lf S c u te s b u c d e c r e a s i n g g e n e r a l l y e l s e w h e r e . M ilc h c o w s a r e
i n c r e a s in g in t h e R o c k y M o u n t a in a n d P a c i f ic S t a t e s , w h il e n e a r l y
s t a t io n a r y e a s t w a id .
S e v e r a l R o c k y M o u n t a in S t a t e s s h o w a n i n
c r e a s e in o i h e r c a t t l e , a ls o in s h e e p .
The s a m e r e g io n , a s w e l l a s t h e
S o u th A t l a n t i c , r e p o r t s a n in c r e a s e in s w iu e . T h e g r e a t C e a t r a l S t a t e s
s h »w a g e n e r a l d e c r e a s e in «11 s t o c k , s o t h a t t h e m o v e m e n t in
n u m b e r r e p o r t e d a y e a r a g o s t il l c o n t in u e * .
T h e d e s t r u c t io n o f s h e e p b y d o g s w a s l a r g e in t h e S o u t h . T h e p e r
c e n t a g e in t h e e w a o le o o u u t r y , e x c l u d i n g t h e R o o k y M o u n t a i n r a d g e s ,
w a s 1*1 p e r c e n t , o r a b o u t 2 iO.OoO in a ll.
I n a v e r a g e p r i c e , t h e r e is a f a l l i n g o f f o f 5 t o 8 p e r c e n t s h o w n b y
h o r s e s , m u le s a n d s w i n e , a n d a f u r t h e r i n c r e a s e o f 3 t o 7 p e r c e n t b y
c a t t le a n d s h e e p .
In to ta l v a lu e , h o r s e s , m u le s a n d s w in e h a v e d e c lin e d 1 0 p e r c e n t
e a c h , a n d o x e n a n d o t h e r c a t t l e I p e r o e n t , w h il e m il c h c o w s h a v e in
c r e a s e d 1 p e r c e n t , a n d s h e e p 3 p e r c e n t , td n ce J a n u a r y , 1 8 9 6 . D e
c r e a s e in g r a n d t o t a l, 4 p e r c e n t , a b o u t $7 5 , c 0 0 ,0 0 0 .
The movement o f breadstuffs to market as indicated in the
statements below is furnished to us by the Statistician of the
New York Produce Exchange. We first give tne reoeipts at
Western lake and river ports, arranged so as to present the
comparative movement for the week ending Feb. 6, 1897,
and siuoe August 1, for each o f the last three years:
Receipts at—
W heat.
Flour.
C om .
Oats.
Barley.
R ye.
Bbls.lddtb* Bush. 00 lbs Bush. 5’) lbs Bush.3‘2 lbs Bush. 43 lbs Bush.56 lbs
119,415
2.139,534
2,017,- 70
C h icago.......
55,274
31,63®"
479,955
100,100
22.750
107,000
26,400
44.650
M ilw aukee.
220,000
221,637
3,490
162,019
D u lu th .......
45,435
1 5 ‘ ,171
930.600
5,195
39,890
215,010
M in neap’ lle
28,613
1038
335,021
12,200
T o ie d o .........
2.387
31,403
17,110
2,150
17,40)
D e tro it..—
16.047
19,900
798
5,958
C le v e la n d ..
7,833
4,090
20,010
49,325
870,700
198,000
St. L o u is ...
4,900
85 500
10,800
6,70)
834,400
286 55)
P eoria . ..
000
5 i,500
04,000
781,000
82,000
K ansas City
T o t,w k .’97
S am ew k .’OO
Sam e wk.’93
Since A uq. 1.
1896-97. ..
1895-90 . ..
IH&4-95 . ..
131,835
117,495
123,791
1,015,860
2,978,193
822,221
5,108 02»
1,872,245
1,109,12 >
3,203,071
2,217,341
1,174,114
1,017,309
88",0)3
412.321
111,354
91,338
08,350
6,977,458 110,417,**88 91.152,060 102,514.749 28,440,398
6,781.788 145,414,300 09,125 503 81.928,007 27,698,006
7.39 <.438 109.709 010 47.010.74*1 51.793,753 20,114,030
5,300,828
2,535,093
1,592,044
The reoeipts of flour and gram at the seaboard ports for the
ended Feb. 6, 1897, follow:
w eek
Receipts at —
New Y o r k .............. .
Boston ...................
M ontreal...............
P h ila d e lp h ia .......
Baltim ore ............
R ichm ond ............
New O rleans*.......
N o rfo lk ...................
..
G a lv e s to n .............
H o u r,
bbl*.
10:< 027
W heat.
'• sh.
31,075
155.402
1,348
10,997
19,679
5,842
0,000
1,780
38,521
Corn,
bush.
333.550
157,703
5)0
357,583
790.123
23.292
1,228 710
250.491
520.000
19 (.391
O its,
bush.
3«>n.6 »0
101 382
6 j>,029
5J.SU
210.948
19,158
23,0 0
Birlejj,
b ’wh.
127,725
0.4 V)
3.275
R ye,
bush.
41,925
OOO
1,300
02,000
.........
The speculative dealings in the market for oats for future
9 >1,002
235,943 3.8 >3.399
101.25)
1* 0,925
T o ta l w eek . ..
delivery have been decidedly slow, and prices show frac W eek 1890.............. .. 337,277 324,9)7 1,313,900 730,985 115.217
23,491
tional declines from those quoted a week ago in symptthy
• R eceipts d o n o t Inclu de grain passing th ro u gh N ew O rleans f o r fo re ig n
with the easier market for corn. In the spot market a mod ports on th rou gh bills o f lading.
erate amount of business has been transacted, as bo’ hshifThe total receipts at ports from Jan. 1 to Feb. 6 compare as
pers and the home trade have been fair buyers, aDd prices follows for four years:
have held steady. To-day the market was dull, flat and
Receipts o f 1837.
189*.
1895.
1894.
featureless. Spot trade was dull and prices easier, especially F lou r.....................b bls. 1.531.129
1.555,922
1.287.051
1.013,403
on No. 2 white, quoted 23j|23%c. in elevator, and Nj . 2 W h e a t .............. bu sh . 4.911.132
1.43).W 3
1,06 >,90»
1.717,476
mixed 21%c.
C o r n . . ...........
“
18.4*2.7.0
9,008,451
2.332,47*
9,885,270
D AILY OLOSINO PRIORS
Bat.
F e b r u a r y d e l i v e r y ...........,0.
o . 21*9
M a y d e l i v e r y .................... on.. 2222%%
J u ly d e l i v e r y .....................c0.
. 2233
OP NO. 2 M IXE D O ATS.
T h ors
H on
T u es
W ed.
2 1 )0
21%
21%
21^8
21%
21%
21%
21%
223a
223s
22%
22
r- .
H o li
day.
O a t s .....................
B arley.................
R ye.......................
“
"
**
4,709,08»
ooo,751
501.001
T otal g r a i n ...........26,241,316
3.581,130
50,370 •
14,032,012
2,679,0n
444,95 5
40,O il
7,143,633
2 848.976
083.015
22.532
15,157,305
The exports from the several seaboard ports for the week
Rye was slightly firmer early in the week, with a fairtrade ending Feb. 6, 1897, are shown in the annexed statement:
in No. 2 Western to arrive at opening of navigation, but later
heat, Corn,
Flour,
Oats,
R ye,
Peas,
Barley
a decline of %c. occurred. Barley weakened slightly, leading El o*orts from — Wbush
nush
bbl*
bush.
bnsh.
bus .
bush.
N*w Fork .. .
494,867 312,410
117,7)1 03,752
35,341
1,325 125,871
to a fair trade in feeding grades.
B «t.OD............. 524,001
158,.844
25,191
..............................................................
PLOOB.
J 1® ® ---............... * b b l . ®2 0 0 -0 2 3 5 i P a t e n t , w i n t e r ........... . *-» 6 0 ® 5
........................ 2 2 0 8 3 0 0 C i t y m il l s e x t r a s ____ 4 8 '-®
.................. 2 7 0 8 3 2 5 R y e flo u r , s u p e r f i n e . . vj 5 0 * 2
E x t r a , N o . 1 .................. 3 2 5 ® 3 6 0 B u c k w h e a t f l o u r . . . .
1 05® 1
E « » r * ...........................
3 7 5 » 4 25 p n r n m e a l —
S t r a i g h t s ......................
i i n 8 4 fin
1
W e s t e r n , dro.......... ..
1 75
P a te n t, s p r in g .
4 2 5 8 4 60
1 95
B r a n d y w in e .
(W h e a t f lo u r in s a c k * s e lls a t p r i c e s b e l o w t h o s e f o r b a r r e l s . .
00
95
15
9 >
P ortlan d .........
36,93.) . . . .
Philadelphia..
80.000 *41,510
B altim ore........................
920.717
New O rleans..
10,00) 1 ,«»M 4 7
N o rfo lk ................ .
250.191
N ew p’r t N ew s ............
62),*.00
S t.Johns.N .B .
8.179
. ..
G alveston .....................
190,391
14.073 50.239
49.516
22,433
20,l*®9 35,000
............
8,058
..........
00,909
60,000
51,429
...............................
14,454
60 ..................................................
1.786 .....................................................................
38,f>2L ......................................................................
0,787
39,387
...........
24,053
910
. .....................................................................................
T otal w’k . . . 1, 100,040 4.0H.852
Sam e t im e ’ 90.1,105,519 2.79 ?,104
3 (5,021
248,343
253,428
119,611
80,770
5,119
84,182
0.166
149.21&
..............
340
THE CHRONICLE,
The siestination of these exports for Use week and since
HepteiistH'r i >|R9*J. isasheSow, VVe add t he totals for the
O w raepondtii g p eriod* o f la st y e a r fo r com pa rison s
t.
m
P a ll**! HLS::;
ftfetusif.A K Amt
Wf*t tlMtfcl
wm. ft* A*
n*#ari*
budh.
tajM j
buth.
l
493,910
2t 1.978
17, Vl*
mhm-pmn’:
l,41\0isi
. Lida,049
M;8f8 |,62l,KS2 09.010.138
Total ■
l,IO$,83V
17,038 2,798.184 42,109.940
#«*** im*
The vs--,1' ■■ supply of grain, comprising the stocks in
granary at i ne principal points of accumulation at lake and
eeahoard ports, Feb. (i. IS'Ji, was as follows:
Barley
0 its.
Whmt,
Ry«'.
bmh.
1%•ts***mi--*
!>*«*&,
bush.
bmk,
407.000
1.988,900
K*w fo rt* ....
118.000
8,000
Bet »4o«t,..
#04,000
74,000
* 1,100,000
125.000
4«.0O0
▲itHuxy..'**,,..'..
BtUfclo
. ,* 1498,000
112,000
rnooo » . «
65.000 .
05,0 0
Oo aAMML
.
8*1.000
148.000
1,44 d,O0v
< M m m s. ■ . S1.V
63.000 0 755,000
210.U
00
84.000
00 ft&ftftt •
2,059,0(8)
464.000
101,o**■
Miiwaa*#* ... . ,* 805,000
4,900
421,000
6,009
Do *.00*7
95.000
052,00V
647,006
Dalai*..............
15.000 1,609.000
IW2.O03
Do
*&mA
6.8,000
. l.W7,OO0
124 0Oi*
872,000
881.000
Do *0o*i..
32.000
33.000
Coco
Xtotrott ........
805,000
9*000
Do afioat....... . . . . . . .
O f w * r 0 . 28,000
8t. JUmi*.............. 3,452,000
Do *So *t.......... .......
2.937.000
54.00D
O ttW B aaK a .,.*,,,.,,,,,,
0,000
3.000
880,000
itoitCBS................ 881.000
Toronto...................
219,000
*24,000
MontnMi.............. 4W.O0O
1.824.000
JPhUftdolphJft............ 559,000
P « m .......
....... 1*50,000
418.000
40.000
tedlsnspolU............... 144.000
K&xxm,» City........... 473,000
119.000
Baltimore...........
:U6.000
&1*«,000
57.000
Mia«e*pcfi«, .......... 18,818,000
Oa Mi**i**|ppS River, ..........
0B UH*.... ........ . .........
0 c Oft&ttIand river,,,
Tot*! m . 8.1897.47,885,000
Total Jim. 80.1&RA9J&IMQ
f OW Fei?, § 1880 04.U9.O0ti
Total Wm, V. 1806 J*S,Sf2.000
Total r»p. 10,1894 79,160,000
’ 56,660
313,066
7,000
V0V666
300.000
8,000
1.000
63.000
238.000
89.000
207.000
201,666
592.000
782.000
10.000
' 51,000
50.000
42.000
25.000
59.000
18.000
•416.000
03,000
77,000
3.804.000
83.882.000 13.324.000
2U988.000 13.172.000
12.171.000 6.540.000
12.888.000
7.130.000
17,000.000 3.025.000
137,000
3.825.000
1.554.000
304.000
549.000
3,3*31,00 0
3,458,090
2.502.000
J.738,000
1.489.000
TH E
DRY
GOODS
TRADE.
S ew Y ork , Thursday , P. M,, Feb. 11, 1867.
The week opened with a generally quiet tone, but the
mat bet was soon stirred up by news of a very heavy
transaction in print cloths, M. C. D. Borden, representing
the American Printing Company, buying 750,000 pieces of
regulars r»t 7 0-fOo., 1-18 of a cent above the then market
price, 7 he purchase was divided into 500,000 pieces spots
(practically cleaning up the stock of extras on hand)
arid 250,000 pieces futures. The effect on the print cloth
market bm been marked, good sales being made since at
an advance of o ; a n d the whole market here has shown an
improvement in general tone with a gradual expansion iu
the demand for converted and printed goods and for
more or less akin to print cloths in con
struction.
Sellers take a more hopeful view of the
future, and although prices have not advanced anywhere,
there ha. unquesti mably been some correction of previously
weak tendency in some quarters, Reports from local and outof-town jobbers are generally encouraging, a good distribution
of spring and staple merchandise being recorded, and with
the more confident feeling prevailing, supplementary busi
ness at. th-: hands is expected to be well sustained. In the
woolen goods division of the market good progress has been
tnsdc this week in new heavy-weights, and light-weights are
8tilJ exiling better tb&o usual for the time of year.
Domestic Cotton Goods—The exports of cotton goods
from this port for the week ending Peb, 9 were 1,071
package.., valued at §61,533. their destination being to the
points specified irt the tables uelow:
1897.
Ne w Y o k k io PmutOAKv 9.;
1896.
Week. Since J a n . 1.
Great Brltalt.......................
Ot&iir W utQptm n . . . . . . . . . . . .
GWo* ................................ .
India.„ ....... . . . . . . . . . . ............
Arabia...................... ............
Aftta*— .............................. i
w«*t Indio*.......................... |
etexloo........................
Cfeotrti JUEMfm.................
&cmt& A
<111*0* Ctesntriea........... .
!
11
36
.... j
356
570
15,594
563
W e ek . Since J a n .
!
21
3
1,778
1 075
10
219
20
!
176
245
948
11,051
1,976
7ii(l
1,997
1,878
292
1,099
6,374
392
33,319
7,950
3,761
26.952
2,532
... go**!........ ....................... ... 1,071
41,269
From Now EoKlaud mill point* direct.
3,761
2 B .iir
T o t * !..,........ .
C*Ms&* Tl* ¥ano4>n7«r*.,.
103
37ft
60
73
351
57
1
|
:|
-
1,07 1
1,170
2,121
201
869
8 882
898
!:
1
806
-3
1.
The value of the New York exports for the year to date hi
been 81,316,483 in 1397 against $1,231,726 in 189 i.
There has b*-i, an improveddemin i iqrlight-weigh*. c.nra
yam brow n » no i- ihis weck, and sale, of fair quantities hav
w en made ...f prices which buyers refused to pay last week
Ln heavy - « eight sheetings and drills business has been model
ate, bat the tone has been firmer throughout. Medium an
fine grade oh ached goods are selling better at the close of th
[Vos.. LXiV.
week at steady prices, ami in low grade bleached th - market
has a firmer tendency, lvid-finished cambrics are in better
r. quest and against buyers in leading makes. Wide sheetings
and cotton flmnels uud blankets quiet and unaltered. Sales of
denims are on a limited scale and again mostly in light-weights
without change in prioe. Other coarse, colored cottons dull and
generally easy to buy. Regular prints have been in better
demand than for a considerable time past, with a
steadier tone prevailing. Fancy calicoes are steady with
fair sales, and a fair demand is also reported for fine
specialties. Fine dress ginghams have been re-ordered with a
little more freedom, but low grades arestill inactive. Staples
quiet and unchanged. The print cloth market closes the
week with a very strong tone at an advance of Wo., extras
being in request at 3 11-16 c„ and odds in goad demand on
that basis, i he sales are the largest for any single week on
record, as in addition to the 750,001 pieces already referred
to some400,000 pieces have probably changed ownership.
1897,
At Providence, 01 squares.. 435,000
At Pall Klver, 61 squares... 720,000
At Pall River, odd sizes__ , 779.000
1896.
Peb. 8.
193.000
418.000
350.000
J «« 5.
n s . a.
86.000
14.000
90.000
1894.
Peb. 10,
174.000
218.000
53,000
1,934,000
961,000
190,000
445, OC0
Feb. 6
S t o c k o f P r i n t O lo t h t —
T o t a l s t o c k ( p i e c e s ! ____
W o o l e n G o o d s . —There
has been a good attendance of buy
ers m this division of the market during the week and more
business has been done through the combination of store
trade and mail orders than for a considerable time past. The
new lines of heavy-weight woolens and worsteds have
brought out the bulk of this, bus still the demand for supple
mentary supplies of light-weights has been quite full for this
time of the year. There is «a marked preference in both
heavy and light-weights for medium and low priced qualities
in fancy woolens and worsteds, the great bulk of the
buying being in lines selling under f 1 00 par yard.
A few agents have done so well on their fall goods
that they are withdrawing samples from the market, Prices
are generally steady, but some unexpectedly low quotations
have been made in Clay mixtures. Overcoatings are in rather
better request and more business is reported in cloakings,
plain goods being the heat sellers in both, Satinets and
cotton-warp cassimeres show better results. Flannels are
dull, but a moderate business is reported in blankets. Re
orders for dress goods, both staple and fancies, have been fair
in a generally steady market.
F o r e i g n D r y G o o d s .— With a good attendance o f buyers
a fair general business has been reported in foreign merchan
dise. Dress goods have been more freely ordered in fancies
at 75c. and upwards, and silks have been in steady request
and generally firm. Linens are quiet. Ribbons and laces in
fair demand. Hosiery and underwear quiet,
im p o r ta tio n * a n d W a r e h o u s e W it h d r a w a ls o f D ry G o o d s
The importations and warehouse withdrawals o f drygoods
at this port for the week ending February 11,1897, and star e
January 1, 1897, and for the corresponding periods of lai t
year are as follows:
F rbSC ABY, 13 1897.]
THE CHRONICLE
341
P a g e,
L o c a tio n .
R a te .
1 4 6 . . C h a r lo t t e , N . C .................. 5
1 9 9 .. C h ic a g o S a n it a r y D i s
t r i c t , 111............................ 4 %
9 4 . . C l e v e l a n d , O h io ............... 4
1 9 9 .. C l e v e l a n d , O h io ............... 4
1 4 6 .. C h e ls e a , M a s s .................. 4
he
nvestors
upplement
2 4 4 .. C in c in n a t i. O h i o ............
5
9 4 . . D u b u q u e , I o w a ................ 4
9 4 . . D e fi a n c e , O h i o ................. 5
ommercial and
in a n c ia l
hronicle
1 4 6 .. D u lu t h , M in n .................... 4
1 4 6 .. F a l l R i v e r , M a s s ............
4
he
tate and ity upplement
2 4 4 .. F a r R o c k a w a y , N . Y . . .
5
2 4 4 .. F lu s h in g , N . Y ................. 4
1 4 7 .. t o r t C o l l in s Sell o o l D is t r ie t , C o l ..........................
ft1*
hronicle
2 4 4 . .G a l e n , N . Y ........................ 6
1 9 9 ..G a llia C o u n ty , O h io ... 5
he
treet
a ilw a y
upplement
2 9 6 . . H a m il t o n C o u n t y , O . . . 4
2 0 0 . . H o b o k e n , N . J ................
4
1 4 7 . . H u d s o n , M a s s ................... 4
2 4 5 . . I n d i a n a p o li s . I n d ..........
hronicle
2 0 0 . . J o h n s t o w n . N . Y ............
4
2 4 5 .. K a u k a n n a , W i s ............... 5
he
uotation upplement
2 0 0 . . L im a , O h i o .................. ..
6
1 4 7 ..M e n a s h a , W i s ...................
1 4 7 . .M i d d l e t o w n , N . Y ..........
4
9 5 . . M o li n e , 111........................... 4 %
hronicle
2 0 0 . . M o u n t P l e a s a n t ,N . Y . .
1 4 7 . . M o u n t V e r n o n , N . Y . ..4 - 4 %
hronicle
9 5 . . M ou n t V e rn o n . N. Y . . .
5
2 9 7 . . N e w b e r r y , S. C ................
6
9 5 . . N e w H a v e n , C o n n ......... 4
9 5 . . N e w H a v e n , C o n n ........ 4
3*2
2 0 0 . . N o r t h a m p t o n , M a s s ___
2 0 0 . . O a k la n d , C a l ..................... 4
2 4 5 . . O m a h a , N e b ....................... 4L ,
1 4 7 . P e r t h A m b o y , N . J ........ 5
2 0 0 . . P h e lp s . N . Y ....................... 4
O n e t im e
_______________
$350
|
Tbr
M o n t h s ( 1 3 2t im
) .h. $
2d
5 e lp
0 0h ia , P a ............. 3 b !
4 5 e. .sP
ila
O n e M on th
(4 t i m e s ) . .
11 0 0 S ix
on th s
(2 6 t im e s ) .. 4 3 0 0
2 9 3 . . P o p e C o u n t y , I U ............. 4
T w o M on th s
(8 t i m e s ) . .
1 8 0 0 |T w e l v e M o n t h s ( 5 2 t i m e s ) . . 5 8 0 0
2 9 8 ..
R e n s s e l a e r C o ., N . Y4. . .
(T h e a b o v e t e r m s f o r o n e m o n t h a n d H o w a r d a r e f o r s t a n d i n g c a r d s .
2 4 6 . . R y e a n d H a r r i s o n J o in t.
U n io n F r e e s . IX , N .Y . 4
2 4 6 . . St. A l b a n s , V t ................... 4
T l i e p u r p o s e o f tiiis § t a t e a n d C ity D e p a r t m e n t
9 6 . . S a n d u s k y , O h i o ............... 5
is to famish our subscribers with a weekly addition to and 2 0 0 .. S c h e n e c ( a d v , N . Y ......... 4
2 0 0 . . S p r in g fie ld , M a s s ............ 4
continuation of the State and City Supplement. In other 1 4 S ..S u i s u n , C a l ......................... 6
. W a u k e s h a , W i s ............... 5
words, with the new facte we shall give, the amplifications 2 90 71 .. .W
e b b , N. Y ......................... 6
1
4
8
..
W e s t b o r o u g h , M a s s ___
4
and corrections we shall publish, and the municipal laws we
1 4 9 ..
W ill ia m s p o r t S c h . D I s shall analyze in the “ State and City Department,” we expect
t r ie r . P a ........................... 4
i lm i n g t o n , D e l ..........
4
to bring down weekly the information contained in the 22 44 67 . . W
W o r c e s t e r , M a s s ............
5
State and City Supplement to as near the current date as 2 4 7 . . Y o n k e r s , N . Y ................... 4
2 4 7 . . Y o n k e r s , N . Y ................... 4
possible. Hence every Subscriber will at all times possess a 2 4 7 . . Y o n k e r s , N . Y ................... 4
S tate
and C ity J J t r A n r m m .
TERM S OF SU BSC RIPTIO N.
T
I
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will be furnished
without extra charge to every annual subscriber of the
C
F
C
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T
S
C
S
will also be fur
nished without extra charge to every subscriber of the
C
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T
S
R
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will likewise
be furnished without extra charge to every subscriber
of the C
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T
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, issued monthly, will
also be furnished without extra charqe to every sub
scriber of the C
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TERMS for the C
with the four Supple
ments above named are Ten Dollars within the United
8tates and Twelve Dollars i i Europe, which in both
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Terms of Advertising—i Per incli space.)
complete and fresh cyclopaedia of information respecting
Municipal Debts.
R E V IE W O F M U N IC IP A L B u N D S A L E S I N
JANUARY.
According to our record of municipal bond sales, the
total of these securities marketed during last month
was over 10 millions of dollars, or nearly as large as
during December, when the aggregate reached 10£
millions of dollars.
This amount is to be co m
pared with $6,534,858 during January, 18SC, when the
offerings were small on account of the approaching
Government bond sale.
Among the noteworthy sales in January was that
of $4,400,000 of Philadelphia 3| per cents of 1905-1924
at 10D3799. Other large sales were : Allegheny, Pa.,
4s of 1901-1926, $400,000, at 105-78 ; Chicago Sani
tary District 4£s of 1898-1917, $800,000, at 102-146,
and Springfield, Mass., 4sof 1917, $350,000 at 101-7514.
We omit from our table the $4,000,000 of New York
State canal bonds, bids for which were received and
opened during the past month, as a bill has passed the
State Senate exempting from taxation all State bonds
hereafter issued, and is now before the Assembly. If
the bill becomes a law, these bonds will again be
offered for sale.
In the following table we give the prices w hich were
paid for January loans to the amount of $9,870,776,
issued by 55 municipalities. The aggregate o f sales
for which no price has been reported is $531,000, and
the total sales for the month, $10,401,776. In the
case of each lnan reference is made to the pagi o f the
C h r o n ic l e where a full account o f the sale is given.
J a n u a r y B o n d Sa l e s .
Pa
L o c a tio n .
R a le .
M a t u r it y .
A m o u n t.
9 4 .A l le g h e n y , P a .................. 4
1 9 0 1 -1 9 2 6
$ 4 0 0 ,0 0 0
9 4 . . A n n A r b o r , MI c Il .......... 5
.....................
1 0 ,8 0 0
9 4 . . A t h e n e , O h i o ..................... li
1907
4 ,8 0 0
2 4 4 ..
B a r n e s v llle , O h i o ........
0 1 8 9 8 -1 9 1 2
1 3 ,9 3 0
2 4 4 ..
C a m d e n , N . J .......
4
1 9 1 7 -1 9 2 2
1 0 0 ,0 0 0
1 4 0 ..
C h a r le s C o u n t y , M il ...
Jan . 1 ,1 9 0 7
8 ,0 0 0
A w ard .
1 0 5 -7 8
10 0 23
1 0 2 -6 1
107 9 1 7
1021 0 5 to l0 7
M a t u r lt y .
A m o u n t.
$ 2 5 0 ,0 0 0
1 8 9 8 -1 9 1 7
A p r.
1, 1 9 2 7
O ct.
1, 1 9 2 6
1 QS7
1 8 9 8 -1 9 0 7
1917
1 8 9 8 -1 9 1 2
1927
Jan . 1 ,1 9 2 7
1 8 9 8 -1 9 2 2
1 9 1 9 -1 9 4 9
A w ard .
105*
8 0 0 ,0 0 0
2 5 0 .0 0 0
2 5 0 .0 0 0
102*146
1 0 7 -6 4
100-83
1 0 9 -0 9 8
1 0 5 -1 8
3 0 .0 0 0
1 1 9 .0 0 0
7 5 .0 0 0
8 5 .0 0 0
101-
10,000
1 3 ,3 7 2
120.000 100-
120.000
1912t
1 8 9 9 -1 9 0 4
1 9 0 5 -1 9 1 6
1 9 0 7 -1 9 1 7
1 9 1 7 -1 9 3 7
1 8 9 8 -1 9 1 0
Jun e 30, 1897
1 9 0 8 -1 9 1 4
1 9 0 3 -1 9 0 4
1 8 9 8 -1 9 0 8
1906:
•
1 9 1 2 -1 9 1 7
100-
1 1 2 -1 2 6
1 1 1 -2 5
1 0 0 -5 4 3 8
1 0 ,0 0 0
6 ,0 0 0
7 5 ,0 0 0
6 0 ,0 0 0
2 3 2 ,0 0 0
* 1 8 .0 0 0
* 1 8 0 ,0 0 0
5 ,0 0 0
1 5 ,0 0 0
3 7 ,0 0 0
1 2 ,0 0 0
1 0 ,0 0 0
1 0 ,0 0 0
6 .5 0 0
1 9 1 8 -1 9 2 0
6 5 ,0 0 0
D ec. 15, 190 2
3 0 ,0 0 0
J a n . 1, 1 9 3 7
4 2 ,0 0 0
1 9 1 4 -1 9 1 6
6 5 ,0 0 0
1 9 0 1 -1 9 1 6
2 5 0 ,0 0 0
N o v ., 1 8 9 7
5 0 ,0 0 0
1937
1 4 0 ,0 0 0
1907
3 1 6 ,0 0 0
1917
2 5 ,0 0 0
1918
3 2 ,0 0 0
1 9 0 5 -1 9 2 4
4 ,4 0 0 ,0 0 0
1 9 0 2 -1 9 1 2
1 5 ,0 0 0
1 8 9 8 -1 9 1 6
3 8 ,0 0 0
1001 0 6 -7 5
1 0 8 -9 7 6
1 0 4 -5 5 7 0
1 0 0 -5 7
1 0 1 -7 3
1 0 5 -1 4
1 0 0 -5 2
1 0 1 -6 9
n o1 0 1 -4 0 8
1101 0 3 -9 1
1 0 0 -5 0
1 0 5 -2 5
1 0 4 -8 0
1 0 1 -0 0 3
1 0 9 -0 9
1 0 6 -1 3
1000240
1 0 0 -6 3 2
100*
1 0 5 -5 5 2
1021 0 4 -3 7 9 9
95
1 0 4 -8 4 7
• 1 9 0 6 -1 9 1 6
1904
1 8 9 9 -1 9 0 1
1 8 9 8 -1 9 1 2
J a n . 1 ,1 9 1 7
5 ,5 0 0
3 6 ,0 0 0
9 ,0 0 0
2 4 ,8 6 8
3 5 0 ,0 0 0
4 2 ,0 0 0
1 5 ,6 0 0
8 .0 0 0
6 0 ,0 0 0
1 0 0 -4 1 0
1 0 2 -8 8 4 6
1 0 1 -1 3 %
D O -5 2
1 1 0 -7 5 1 4
1001 0 2 -5 5 3
1 0 6 -0 1 2 5
1 0 6 -1 8 2
5 0 ,0 0 0
1 7 6 ,0 0 0
1 2 5 ,0 0 0
4 9 ,0 0 0
6 H ,0 0 0
5 0 ,0 0 0
1 0 0 -2 0
1 0 3 -7 6 4 2
1 0 5 -5 0
1 0 0 -5 0
1 0 0 -9 7
1 0 1 -4 3
1 8 9 7 -1 9 1 1
1898 1905
1927
1 8 9 8 -1 9 2 8
1907
1898
1899
1900
T o t a l (5 5 m u n i c i p a l i t i e s ) ......................................... $ 9 , 8 7 0 , 7 7 6
A g g r e g a t e o f s a le s f o r w h i c h n o p r i c e h a s
b e e n r e p o r t e d ..............................................................
5 3 1 ,0 0 0
T o t a l s a l e s f o r J a n u a r y , 1 8 9 7 .......................... $ 1 0 ,4 0 1 ,7 7 6
t O p t io n a l a f t e r t h is d a t e .
♦A v e r a g e .
* N o te s .
In ihe Chronicle of January 9 1897, page 93, a
list of December bond sales amounting to $10,634,087
will be found. Since the publication of that state
ment we have received the following reports.
A d d it io n a l D e c e m b e r B o n d S a l e s .
P a g e.
L o c a tio n .
R a te .
1 4 6 . . D e n v e r , C o l .......................
9 6 . . S t. A lb a n s A c a d e m y &
G r a d e d S c b . D is t .,V t .
M a t u r it y .
A m o u n t.
6
1904*
$200
4
D ec. 3 0 ,1 9 2 6
3 0 ,0 0 0
A w a td ,
1001 0 2 -5 6
* S u b je c t t o c a l l.
These additional loans will make the total sales re
ported in December foot up $10,664,287.
We append the following statement, showing the
bond sales of each month during the last four years,
the amount for December being corrected so as to in
clude the sales above recorded.
T O T A L M U N IC IP A L BON'D SALES B Y M O N TH S.
J a n u a r y .................
F e b r u a r y ..............
M a r c h .....................
A p r i l .........................
M a y ..........................
J u n e .........................
J u l y . .......................
A u g u s t ..................
S e p t e m b e r ............
O c t o b e r ..................
N o v e m b e r ............
D e c e m b e r ..............
1896.
$ 3 ,5 0 7 ,7 2 1
4 , 4 2 3 ,5 2 0
4 , 2 1 9 ,0 2 7
4 ,5 2 1 ,8 5 0
1 0 , 7 1 2 ,5 3 8
1 2 , 7 9 2 ,3 0 8
5 ,3 1 3 ,4 9 5
4 . 0 4 5 ,5 0 0
3 , 6 9 3 ,4 5 7
4 , 6 8 8 ,4 0 3
3 4 ,9 1 3 , 8 9 4
1 0 ,6 6 4 ,2 8 7
1895.
$ 1 0 ,3 3 2 ,1 0 1
5 , 7 7 9 ,4 8 6
4 , 9 1 5 ,3 5 5
8 , 4 6 9 ,4 6 4
1 1 , 5 8 7 ,7 6 6
1 5 , 9 0 7 ,4 4 1
1 5 , 3 7 4 ,6 6 0
8 ,4 6 4 ,4 3 1
1 1 ,4 2 3 ,2 1 2
6 . 6 9 7 ,0 1 2
6 ,5 2 4 ,9 0 1
8 ,5 4 5 ,8 0 4
1894.
1393.
$ 7 , 0 7 2 , 2 6 7 $ 5 ,4 3 8 , 5 7 7
1 1 , 9 6 6 ,1 2 2
5 , 0 7 1 ,6 0 0
5 ,0 8 0 ,4 2 4
6 ,9 9 4 ,2 4 6
1 1 ,5 9 9 ,3 9 2
9 ,1 7 5 ,7 8 8
1 4 ,3 4 9 ,4 1 0
4 , 0 9 3 ,9 6 9
1 6 ,3 5 9 ,3 7 7
1 ,8 8 8 ,9 3 5
8 ,2 5 3 ,2 3 7
1 ,6 9 1 ,6 0 0
7 ,5 2 5 , 2 6 0
2 ,7 3 4 , 7 1 4
8 , 2 4 9 ,3 4 7
3 ,8 8 5 ,1 3 7
8 ,6 8 5 ,4 3 5 1 1 , 8 3 9 ,3 7 3
4 ,5 4 9 ,5 8 0
7 ,3 0 0 , 7 7 0
1 3 , 4 8 6 ,3 7 4 1 7 , 3 0 6 ,5 6 4
G r a n d t o t a l s . . $ 1 0 6 ,4 9 6 ,0 6 0 $ 1 1 4 ,0 2 1 ,6 3 3 $ 1 1 7 ,1 6 7 ,2 2 5 $ 7 7 ,4 2 1 ,2 7 3
Jersey City, N. J . — W ater Contract .—Incorrect reports
being current in regard to the water contract between this
city acd the East Jersey Water Co., we give the following
official statement regarding the same:
“ The city contracted with the East Jersey Water Co. under
da te of October 12, 1895, for a temporary water supply for
the term of one year. The city has the privilege since
October 12, 1896, of annulling the contract upon three
months’ notice, but if such notice is not given t h e company
0313
THE CHRONKLE
342
t* compelled to supply tin* water antit September, A. D. 1000.
Tl»n price i» $13 per million gallons for the minimum supply of
•» million trail ins per diy, anti scale* down from that to $32
(»:• million gallons for a maximum supply of 50 million
gallcti* per day. The Mayor has under conaidoration the
award of a contract to the same c >mp»oy based upon their
proposal for ii permanent supply for 25 years, the price to be
j.v, ; <r million gallons for a minimum supply (daily) of 20
million gallon*, but the city has the optijn of purchasing the
plans at aav time after the expiration of fi ve years from the
■date of contract for $0,990,000.
[V ol. LX 1V .
$501,000 SCHOOL BONDS.
101-21
Joseph >7. Gavin, Buffilo, N. Y., $100,000................................
Joseph E. Gavin, Buffilo. N. 5 ', $100,000.....................................100-09
Joseph K. Gavin, Stiff Uo.N, Y.. $100,000.................................... 100-5GS
Blake Bros. & Co., N\v York. N, Y., $500,000__
. 101 03
W , J . I I ty e s & S o n s , C l e v e l a n d , O ,, $ 1 0 0 .0 0 0 ....................................
100 7 6 2
Street, wykes A Co.. New York. N. V.. $200.000........................ 100-73
The Liinnreeht Bros. Co . Cleveland, O.. $50),OOO....................100-59
Estabrook A Co., Boston. Mass., $500.00 i................ .................. 100-52-1
K. Kieybalte A Co.. Cinelnnnti, O . $500,010 ............................. 100-50
Blodget, Merrill & Co., Boston. Mass , #500,000........................100-417
J. W, Longstreet & Co., Boston. Mass ,$500,00 t ................ ...100-11
Farson, Leach A Co., New York. N. Y., as follow s:
A m i.
Jfa t Jan 1,
P rice. Am t,
M at. J a n . 1.
P rice.
$25,000,
1898........
§25,000,
190S...............
25.000,
25,050,
)S93........ ........ pat’
1900........
.. 100-95
25.000,
25,000,
1900........
1910...............
25,000,
190 J........
1911..............
25,000,
25,000,
1902........ ........10012
25,000,
1 9 1 2 .......... ..101*25
25.i 00.
1 9 0 3 ......
1913............... ..101-40
2SU00,
25,- 00,
1904........ ........ 100-25
25.000,
1914.............. .1 0 1 -5 0
B u n d I’ r o p a tu la a n d N e g o t ia t io n * .—W e have re
25,000,
1915...............
25,000,
UI05........
m
e . ........ ..101*75
25.000,
1808........
25,000.
celved through the week the following notices of bonds
25,000,
1907........ .......100-70
25,000,
1 9 1 7 ..........
recently negotiated and bonds offered and to be offered for
sale.
•
Anoka. Minn.— Bond Sale,—It is reported that 5 per cent
refunding bonds of this municipality have;been sold at 105,
Atlantic City, N. J .—Bond Sale —It is reported that this
cuv bus sold t! >- $10,COO o f improvement bonds which were
not awarded on Jan, 80, 1897, to the E, O. Jones Co., of
New York, at 101 *01.
Augusta, tin —Bond Offering.—Proposals will be received
until 12 o’clock noon, February 27, 1897, by W. B. Young,
Mavor. for the purchase of $68,000 of 4 per cent bonds of this
city. The s-curm-s will be dated April t, 1897, interest wil[
be payable semi-annually o i the first days of April and
October, and the principal will mature thirty years from date
of issue. These bonds will be o f the denominaiions of §100,
$250 and $.590, and are to be issued to retire a like amount of
bonds maturing April 1,1897.
E veil bid must be accompanied by a certified check on some
bank in this city for 5 per cent of the amount of such bid
and no bid for less than par will be considered.
Baltimore, >1(1 —Bond Neivs.—The ordinance under which
the $1,453,300 of 8% per cent stock of this was issued pro
vides that the Mayor shall certify to its adoption to the City
Council. Tbis be has not done, and it is the opinion of some
of the prominent lawyers of the city that his failure to do so
will affect the validity of the above issue.
Burton. Yt, —Bond Offering.—Proposals will be received
until 7 o'clock, r. m., today by F. W. Baldwin, Clerk of Trus
tee*. for the purchase of $30,000 of 4 per cent refunding elec
tric-light bonds of this village. The securities will be'dated
January 1, 1897, interest will be payable semi annually on the
first days of January and July at the Hancock National Bank
of Boston. Mass., and the principal will mature January 1,
1927. the bonds being subject to call after 1907. The total
debt of the village, including this issue, is $55,000; assessed
valuation, $413,311; real valuation. $820,022, and the popula
tion about 1,100.
Blnffton, Ohio.— Bond Offering.—Proposals will be re
ceived until 6:80 o’clock P, st. March 1, 1897, by Charles
OustwilUr, Village Clerk, for the purchase of $8,000 of 6 per
cent bonds of this village. The securities will be dated March
1, 1897, interest will be payable semi-annually at the Village
Treasure!'* office, and the principal will mature at the rate of
$5C0 per annum from March 1, 1990, to March 1, 1915, in
clusive.
The bond* will be of the denomination of $500 and are to
be issued, to provide funds for the construction of an electriclight plant. Bills for less than par and accrued interest will
not be considered, and each bid must be accompanied by a
certified check for $500. The assessed valuation of the village
is $292,903: real valuation, $900,000, and the population
about 1,900.
Bryan. Ohio. —Bond News.—About four years ago this city
issued $15,001! of 8 per pent water-works bonds. The parties
bolding them, inasmuch as there was some question as to
their vali A y, agreed to accept refunding bonds for the same
amount. Put .a one-half of one per cent lower rate of inter
est. if th> bonds could be made perfectly legal.
The City Council then voted to issue 82- 590 of bonds to the
part;, n. gotiattng the refunding loan, under the plea of keep
ing the s out of the original contract, which called for an in
terest rti" of T f p r cent. A petition was then filed by some
the town asking for an injunction
lo pr» vciu tie i.-u mcH of the $2,500 of bonds, and the reqw-.t v i . grint„.s by the Probate Court, No further action
ha.* y e t *... . taken in regard to the matter.
$55,000 PARK BONDS.
Erie County Savincs Bank. Bull do. N. Y „ $55,000..................101-32
Joseph E Gavin, Buffalo, N, Y „ $55,000................................... 101-215
W. J. Bayes & Sous, Cleveland, Ohio. $ 5,00<>................... 100-7654
The bMhprecbt Bros. Co . Cleveland, Ohio. $ 4 5 ,0 0 )...............100-59
Blake Bros. «• Co,, New York, X. Y.. $55,000........................... 100-57
E st,b rook * Co., Boston, Mesa.. $>8,000.................... .............. 100-524
B Kleybiliie A Co , Clot Inoati, Ohio, $55.000.......................... 100-50
Blodset. Merritt A Co., Beaton, Mass., $55,000........ ................ 100-117
J, W. Longstreet A Co., Boston, Mass.. $55,000 ...................... 100-41
These stout Pica are dated January 1. 1897, aud bear interest
at the rate of 3 >3 per cant, payable semi-annually on the first
days of January and Ju‘y at the office of the Comptroller, or
at the Gallatin National Bank, New York City,
The bonded debt of the City of Buffalo on the first day of
January, 1897, less the amount held in sinking funds, was
$12,133,302 18. The assessed valuation of the taxable real
estate of the city by the rolls of the year 1896 is $325,485,705.
Cambridge, Mass.—Bonds Proposed.— It is reported that
the city of Cambridge will petition the Legislature for au
thority to issue an additional water loan of $1 ,000,000.
Camden, N. J.—Bond News.—On February 9, 1897, the
Finance Committee awarded $400,000 of the city’s water
bonds to the E C. Jones Co. at private sale. Their bid was 101
for $200,000 and 108 for the remainder, providing the oity is
placed on the New York State Savings Fuad list. Certain
members of the committee contended that such a sale was
not fair to the ci v, as there was a good demand for the bonds
aud that better bids would have been received had there been
a public sale. Upon their petition to the Court an injunction
was granted preventing the sale of the bond* to the E. C. Jones
Co. at the above bid. This action will stop the work on the
new water system.
Columbus, Misg.— Bond News.—H. M. Lanier, City Mar
shal, report* to the C h r o n ic l e that the United States Su
preme Court has decided that the bonds issued by this city to
aid the Columbus Fayette & Decatur RR, are a valid debt
of this city. A n e w loan at a lower rate of interest will be
made to refund the bonds now outstanding.
E-tsex County, N. J . —Bond News. —E. L, Conklin, County
Auditor, reports to the C h r o n ic l e that there is a possibility
of an amendment being attached to tbe hill about to be
brought up bffore the State Legislature authorizing this
county to issue 81,5C0,000 of bonds, to the effect that the
issuance of these bonds be submitted to avote of the people in
April, 1898,
Fond da I, c, Wig — Bond Sale.—It is reported that Farson, Leach & Co., of Chicago, have been awarded $60,000 o f
refunding bonds of Fond du Lac at a premium of 81,427 80.
The securities wilt bear interest at the rate of 41£ per cent
and th° principal will mature in 1917, with option of call
after 1907.
Graham, Ya.—Bondi Proposed.—I t is reported that bond*
of this city to pay the cost of constructing water works and
an electric-light plant are under consideration.
Grenada, Mis*.— Bonds Authorized.—It is reported that the
people of this municipality have authorized the issuance of
water-works and sewer bonds to the amount of $40,000,
Grove City, Pa.—Bond Sale.—Six thousand dollars of 5
per cent five-year bonds of this municipality have been sold
at par.
Grundy Centre, Iowa.—Bond Sale.— It is reported that
school bonds of this municipality to the amount of $10,000
and bearing interest at tbe rate of 5 per cent have been sold
at 100-1 1 ,
Hamilton County, 0 hio.— Bond Offering.—Proposals will he
received until 12 o’clock noon to-day by the Board of Com
missioner?, for tbe purchase of $8,000 4 per cent “ Restored
Buffalo, N. V. B o n d Sale. —On February 5, 1897, City Plat Bonds” of this county. The securities will be dated Feb.
C o m p 'ro llrr Erartus A. Knight opened the proposals for the 13, 1897, interest will be payable semi-annually, and the prin
pur* ha of the $500,0 H> of school bond* and $55,000 of park cipal will mature February 13, 1904. The bonds will be of
bond# o f this c i t y . The seeurith * were awarded as follow s:
the denomination of §500. No bid for less than par and ac
crued interest will be considered, and each bidder must en
Vt00,000 SCHOOL BOND*.
close with his proposal a certified check for $100 payable to
Bn;
I (Ok. Buffalo. N, Y „ $ 2 0 3 ,0 0 0 ..........
1 0 2 -1 2
the orih r of Tilden R. French, Treasurer of the County.
J a*
, P.un do, N Y.. *t0«,OOO..........
101-51
Jo*
E rl
i ..............
Liu Bank, Buffalo, X. V.. 9100,000,
101465
101*32
8 5 5 , 0 0 0 FA UK HOSTIS,
BafU - . Soc> flank, Buffalo. N. Y., $$5,000__
The other bid* received were as follow* :
102-12
Harrielgtown Union Free School District N >. 1, N. Y.—
Bond Sale.—Oa February 2.1897, the $8,000 of bonds of this
district were awarded to W. J. Hayes & Sons, of Cleveland,
Ohio, at par, interest and $85 premium. Gio. M. Halm, o f
’ New York City, also bid for tbe loan at 102-29. The securities
F ebruary 13, 1897.j
THE CHRONICLE.
are of the denomination of §1,000 each, and are dated January
1, 1897. Interest at the rate of 4>£ per cent is payable annu
ally, and the principal matures at the rate of $1,000 yearly
from 1898 to 1905, inclusive.
Hoboken, N. J.—Bond Sale.— It is reported that this city
has sold sewer bonds to the amount of §10,000, bearing
interest at the rate of 4 per cent at par.
Holyoke, Mass.—Note Sale.—The Boston News Bureau
reports that Bond & Goodwin have been awarded §100,000 of
nine-monthB’ notes of Holyoke at 3-07 per cent discount and
§3 preminm. Eleven other bids were received for the loan.
Hooston, Texas.—Bonds Proposed.— It is reported that im
provement bonds of this city to the amount of §25,000 have
been proposed.
Jersey City, N. J.—Bonds Proposed.— This city expects to
issue $19,500 of bonds at a rate not exceeding 4}^ per cent.
The proceeds from §12,000 of the issue will ba applied to the
erection of a new engine house, the remainder to be used for
the purchase of a site for a new police station.
Johnstown, N. T.— Bond News.—Walter Stanton & Co., of
New York, to whom were awarded the $5,000 of 4 per cent
bonds of this city have refused to accept the same on tbe
grcund that they are invalid. The loan was issued for the
purpose of refunding bonds to the same amount heretofore
issueo by the former town of Johnstown. The municipal
law states that bonds may only be issued to refund the city’s
indebtedness, while this was a debt of tbe old town of Johns
town. The State Legislature will be petitioned to grant the
necessary relief.
Kanawha Comity, W. Ya .—Bonds Proposed. —The citizens
of this county have petitioned the State Legislature for per
mission to issue bonds to provide for the construction of a
bridge across (he Kanawha River.
Knox County, Tenn .—Bonds Proposed. —It is reported that
Knox County proposes to issue bonds to an amount not ex
ceeding $150,COO for the purpose of funding the floating debt.
Le Boy. Minn.—Bond Offering.—Proposals wiil be received
by A. R. Williams, Village Recorder, until 7 o'clock P. M.,
February 27, 1897, for the purchase of §8,000 of bonds of this
village, each bid stating the rate at which the loan will be
taken. The sscurities are dated August 1, 1896, interest will
be payable annually at the rate determined upon, and the
principal will mature August 1, 1916, the bonds being subject
to call after 1906. The si curities are of tbe denominatiou of
$1,600 and are to be issued to provide funds for the construc
tion of water-works.
Lowell, Mass.—Bond S a l'.—On February 8, 1897, Bond &
Goodwin loaned this city §100,000 until October 3l, 1897, at
3 03 per cent.
Mabel, Minn —Bond Sale.—It is reported that this munici
pality has sold $5,COD of water works bonds at 102’CO
Macon, Ga.— Bond Sale.—On February 9,1897, the $130,000
of paving fconds of this city were awarded to E D. Sheppard
& Co. at 103}^. The securities bear interest at the rate of 4§£
per cent and the principal will mature in thirty years from
date of issue. They are of the denominations of §100 and
$500.
Massachusetts Bond Sale.—On February 8, 1897, State
Tieasurer Shaw awarded the $8,000,OCO of Metropolitan Water
Loan bonds to a syndicate composed of Kidder, Peabody &
Co., J. P. Morgan & Co. and Blake Bros. & Co. at 107’82.
The other bids received were :
S e c u r it y & T r u s t C o ., N e w Y o r k . N . Y ....................................................... 1 0 7 -1 9
J . W . S e lls roan & C o .. N e w Y o r k , N. Y ..................................................... 107*11
E . H . R o llin s & S o n s , B o s t o n , M a s s ........................................................... 1 0 6 7 7
The securities are issued in the form of coupon bonds of
the denomination of $1,000, dated July 1, 1895. Interest at
the rate of 3j£ per cent from January 1, 1897, is payable
semi-annually on January 1 and July 1, and the principal
will mature July 1, 1935.
Principal and interest are payable in gold at the office of
the Treasurer of the Commonwealth in Boston.
Mohawk, N. Y.— B ow l Sale.—It is reported that Mohawk
has disposed of §12,000 of electric-light bonds at 102 03. The
securities will bear 4 per cent interest.
New Bedford, Mass— Bond Offering .—Proposals will be
received until 7:30 P. M., February 19, 1897, for the purchase
of $200,000 of 4 per cent thirty-year water bonds, §172,000 of
4 per cent ten-year improvement bonds, §128,000 of 4 per cent
twenty-year public building and fchool-honss bonis and
$69,0C0 of 4 per cent thirty-year sewer bonds. Interest on
these securities will be payable semi-annually and principal
and interest will be payable in gold. Each bid must be ac
companied by a certified check for 2 per cent of the amount
bid for.
New M exico.—Bond Ofjering .—Proposals will be received
until 12 o’clock noon March 8, 1897, by Samuel Eldodt, Terri
torial Treasurer, for the purchase of §75,000 of 5 per cent cap
ital rebuilding bonds of tbe territory. §35, >00 of the securi
ties are dated May 1, 1895, and §50,000 are dated Nov. 1, 1395.
The interest will be payable semi-annually on the first diys
of May and Novemher at the National Bank of Commerce
in the city of New York, and the principal will mature iu
thirty years from the above dates of issue, the b rods being
subject to call after 1915. All coupons maturing up to and
including tbe 1st day of May, 1897, will be removed from the
343
bonds before sale and delivery, and no bids below par will be
accepted. Provision has been made for raising a fund for
payment o f the interest and for the establishment o f a sink
ing fund for the paymant o f the principal beginning in the
year 1915.
Nevada City, Cal.—Bonds A uthorized. —The people of this
city have voted to issue school-house bonds to the amount of
§10,000.
Norfolk, Ya.—Bonds Proposed. —It is reported that Norfolk
proposes to issue $20,000 of sidewalk bonds.
Pierce County, Wash.—Bond Sale.—It is reported that
this county has disposed of funding bonds to the amount of
§60,000. The loan bears interest at the rate of 6 per oent
and matures in 1917.
Portland, Me.—Bond Offering.—Proposals will be received
at the office of the City Treasurer until 12 o’clock noon, Feb.
25,1897, for the purchase of §31,000 of registered bonds of this
city, the bids stating the rate of interest at which the loan
will be taken. The securities will be dated March 1, 1897,
and the principal will be payable either in this city or in Boston
on July 1, 1897. The bonds are to be of the denominations of
§1,000 or multiples thereof and are to be issued to renew the
loan maturing March 1, 1897, Bids for a rate of discount
will not be considered.
St. Jolinsbury, Yt.— Bond Sale.—On Fab. 10, 1897, the
§20,000 of 4 per cent bonds of this village were awarded to
the National Life Insurance Company of Montpelier, Vt., at
103-87. There were 17 other bids. The securities are dated
Feb. 1,1897, interest is payable semi annually on the first days
of Juneand December at the First Nat. Bank of St. Johnsbury,
Vr., or the North National Bank of Boston, Mass., and the
principal will mature as follows: §4,000 Dec. 1, 1937; §4,000
Dec. 1, 1908: §4,000 Dec. 1, 1909;' S4.000 Dec. 1, 1910; §4,000
Dec. 10,1911. The denomination of the securities is §300.
The total indebtedness of the village, including this issue, is
$94,700.
This does not include the water debt, which
amounts to §37,500. The assessed valuation for 1896 was
§3,406,927; the real valuation (estimated) is §5,000,000, and
the population is estimated at 4,500.
Shelby, Ohio,— Bond Issue.— It is reported that the Board
of Education of this place will issue bonds bearing interest at
the rate of 6 per cent for the erection of new school buildings,
Sidney, Iowa.—Bond Offering. —Proposals will be received
by \V, A. Webster, Town Recorder, until 3 P. M. February 20,
1897, for tbe purchase of $10,000 water-works bonds of this
town.
Sionx City, la . —Bond Call.—Notice has been given that
improvement bonds, ‘ 'C” 171 to 206, both inclusive, are called
for payment and will be redeemed upon presentation at the
Northwestern National Bank of this city. The securities will
cease to bear interest March 1, 1897.
The official notification o f this call will be fou n d am ong the
advertisements elseichere in this Department.
Snohomish County, Wash.— Bond News.—The Auditor of
this county reports to the C h r o n i c l e that the county has
been enjoined from issuing the proposed §130,000 of 6 per
oent twenty-year bonds and that the case is still in tha courts,
Sny Island Levee Drainage District, III—Bond News.—
S. E. Hewes, Secretary of the Commissioners of this district,
reports t o the C h r o n t c l e that the organization of the district
was effected in 1880, and that it has no bonds outstanding.
In about 1870 there was an organization of a Levee District,
and about §650,000 of 10 per cent bonds were issued to pay for
the building of the levee. The interest on these bonds was not
paid, and the lower courts of the State decided that the landowners mast pay an assessment to provide funds for the pay
ment of this interest. Ia about 1875 the Supreme Court of
the State, on an appeal from the decision from the lower courts,
decided that the issus of bonds was unconstitutional. The
case was then appealed to the U. S. District Court, which
court has not as yet rendered a decision. Most of these bonds
are held by an estate, and no valuation is placed on them.
Trenton, N. J .—Bond Sale.—It is reported that E. H. Rollios & Sons have been awarded §17,000 of bonds of the city
of Trenton at 102-39. The securities will bear interest at the
rate of 4 per cent and the principal will mature in 1917.
Upper Alton School Dis., III.—Bond Sale.—It is reported
that this district has sold $4,000 of school bonds at par. The
securities will bear interest at 4 per cent, and mature in from
one to eight years from date of issue.
Washington, Fa.—Bond Election. —The proposition to issue
$50,000 of school bonds will be submitted to a vote of the citi
zen s on the 16th inst.
Waterbary Conn.— Bonds Unsold.—On Feb. 8, 1897,
Richard F. Grady. City Cl-rk, received fourteen bids, ranging
from 103)7 by W. J. Hayes & Sons to 100-23 by Abraham
White, for the purchase of the $25,000 of 4 per cent ten-year
water bond?, which this city proposed to issue. Prior to tb_
opening of these proposals tbe City Attorney decided the
only $10,0i)0 of the §23.0J0 could be used for the purposes in
tended, and so all bids were rejected. It is expected that these
§10,000 of bonds will be offered for sale again at soma date to
be determined upon later.
Westmoreland Couuty, Pa.—Bonds Proposed.—It is i e j '
ported that court house bonds of this county to the amount
of §300,000 are under consideration.
THE CHRONICLE.
341
W latbrop, Mina .—-Bond Election.—The eittaens o f this
TillAge will vote in March upon a proposition to it«iie bonds
to provide fo r iH for an plaonrie-light plant.
Wooster, Ohio.—Bon<le Invalid .—Press reports stare that
the Ju».li.v •of the Wayne County Circuit Court hare decided
that f78.0C0 of Woo«t. r City bonds sold in 1UM to The Lam*
precht Bros. Co. of Cleveland an* illegal and urconstituikwiai for the reason that the bonds do not hear upon rheir
face the porgjrsHi fur which they were issued. The city voted
m f*v< r of i-Miipg $100 oOQof bonds to secure completion of h
railway. The full amount o f the bonds was not issued, but
instead fid,***'® of the "oufliiatt were sold. Tfle money was
never paid into the ehy treasury, but to the treasurer of a
board o f rail way trustees, Fr«ud was alleged.
STATE
AND
C IT Y
DEBT
[V o L .
L X IV .
port to the Chronicle from Horace G, Renew, County
Treasurer.
Conroy seat is Wil i.inetor,
LOANSWhen line. F usnixo D ebt—
; L oan »
h Bsr.nrTuu*. o r Point. rm. .JA.r, $ 7 g , o o o
$ i o ,o o o y e a r ly
J.VJ, $40.000................. , r*
5*. MAN. 00,060, g ........ 1904-1909
A AO, 20,000..................: g »
($ 10,0 00 duo yearly.)
JAD. 30.000..................: *< e> Total debt Fob. 1,1897. $464,900
MAS, 25,000..................j g o
Tax valuation, real...... 15 ,0 0 0 ,0 0 0
A AO, 3 0 ,0 0 0 ................ 3 § Tux valuation,personal 9 .0 0 0 ,0 0 0
-is. J All, 12.000.................. { ’<
Total valuation ’95 atn 54,000,000
Cocht house L o t s —
Assessment 81 to % actual value.
4%8. JAJ $09,900...... July 1, 1899 County tax (p erfl ,0 0 0 1 .........$5-00
Buuir.K Busi s 1893—
Popuidtton 1890 ivns............97,182
8*. MAN. $100,000, g-Sept. 1. 1904 Population 1380 was.......... 77,716
$10,000 duo yearly to Sept. 1, 1013
Payments on loans for benefit of Trustees of Poor are now being
made.
TAX FREE.—All bonds issued by this comity exempt from taxation.
INTEREST is payable by County Treasurer, Wilmington.
8s,
i 5s,
5*.
j ON,
CH AN GES.
W e su b jo in rep orts as to m u n icip a l debts received since
the last pu blication o f our S t a t e a s p C i t y S u p p l e m e n t .
Som e o f th' -<* reports are w h o lly n ew a n d others co v e r items
o f in form ation a ddition al to those g iv en in the S u pplem en t
a n d o f interest to investors.
Wilson, N. C.—P. B. Deams, Mayor. The following state
ment has been corrected to Jtnu iry 1, 1897, by means of a
special report, to the C h r o n ic l e from John R. Moore, City
Clerk,
Wilson is in Wilson County.
LOANS—
When Due.
Water ash Light Bonds—
Cowley County, Kan.—The following statement has been
Total valuation 1897___1,345,000
5s. A AO, $74,500......Jan. 1,1912 Assessment about % actual value.
correct*1,1 t<> d >te by m eans o f a special rep ort to the C hko n
SnwKu Bosns State tax (per f 1,000*.........$2-40
6s. f . , Jan. 15. $17,000...........1916 C o u n t s ' t a x ( p e r $ 1 , 0 0 0 ) . . . 2 - 3 6 %
ICLE from F. H, C o r k /ig h t, Treasurer.
Bonded debt Jan. 1, ’ 97.. $91,500 C i t y t a x ( p e r $ l , 0 0 0 i ............ 6*0 0
C ou n ty peat is \Vinfield,
Floating debt....................
750 Average school tax............. -t-so
Total
debt Jan. 1. 1897... 92,250 Population hi 1890 w a s.......2,126
LOANS—
W h en D u e. i T o t a l debt Jan., 1897.... $349,500
Water debt (iucluded).... 60,000 Population in 1896 <e«t.)...,4,500
V. St. a v, UK,—
I Tax valuation 1898 - .5.930,796 Tax
valua tion, l-eal.......... 710,000
D*. ..........? u *Mmki,...M av
1,1917 ITax valuation 1391......0,786,170
. .
ITotal tax (per ijtl.ortOi'95 .$14-30
Propi-rty is assessed at not more than two-thirds o f its actual value.
7 s , ......... *3:»,5O0....... Jim. 1,1910 - Assessment lit i* actual value.
INTEREST on the water and light bonds Is payable at the Chemical
K. « A
M . HR.—
Population 1S90 w a s..........34,478
f.s. var.. $100.009__ Vug, 1, 1915 jPopulation 1880 w as.........21,538 National Bank, New Y ork; on the sewer bonds at the National Park
Bank,
New Y’ ork,
R u s s m s .. Bonus—
.Population 1895 w a s ........ 28,660
5s.......... . $119,000 .June 30, 1920 |
.HorrlsvUle,
Y t.— A. F . Whitney. Chairm aD , The follow
subjc.-t to call after June 30,1900 ]
INTEREST Is payable at the Inter-State National Bault, New York ing statem ent has b een co rre cte d to Janu ary 1, 1897, by
and In Topeka, Kansas.
means o f a special report to ib e CHRO'ICLE h o rn F. G . FleetNew Li.stle O n n ty, Bel.—The following statement has w ood , Treasurer,
been curveted
to Febinary, 1897, by means of a special re
N E W
N E W
LO A N S.
Morrisville is in Lamo ille County.
LO A N S.
N E W
$ 8 5 ,0 0 0
• $ 2 2 ,5 0 0
B o r o u g h o f B e lm a r,N .J .,
S ta te
Due July, 1935.
“ M e tr o p o lita n W a t e r L o a n ”
Secured by Sinking Fund.
COUPON OR REGISTEREO.
W E OFFER K ) l ! SALE
AT 109 AND AC C H IL D IN TEREST
S 3 ,0 0 0 ,0 0 0
O f TH E ABOVE ISSUE.
J, P. M O R G A N A C O .,
N E W
YORK.
BLAKE B R O T H E R S & C O . ,
N E W
YORK.
INVESTMENTS
P a.,
a Per C e n t Bonds.
Sealed proposals w ill b e r e c e iv e d by th e under*
signed a t t h e office o f th e M a y o r o f th e C ity o f Brad
fo r d , R o se n b e rg & M ichael B lo ck , u p to 5 o ’ c lo c k
P. M .. M arch 1, 1897, f o r sale o f T w e n ty -tw o T h ou
sand F ive H u n dred ($32,500) D ollars o f th e C ity
Honda o f th e C ity o f B ra d fo rd , P a ., au th orized t o b e
issued b y ord in an ce N o . 654 o f said city, an d its
am endm ents.
T h e B on ds are $2,500 f o r te n years, $10,000 f o r
tw en ty years, $10,000 f o r th irty years, i%. In terest
paya ble sem i-ann ually.
E a ch bid must, b e acco m p a n ie d b y a certified c h e c k
in th e sum o f $500, t o b e f o r fe it e d by th e su cce ssfu
bidder in case h e fa ll t o p a y o v e r th e a m o u n t o f h is
bid u pon n o tice aw arding sale o f said B onds to h im
T h e right to r e je c t an y and ail bid s is h e re b y re
s erved .
h e n ' ln in e s * l a . ( S c h o o l ) . . . . . . . . . ................ 4 h *
N ew Y ork S a v in g s
City o f Cambridge, Mass,,
City of t lerel&nd, Ohio.
frit*
pf eiitiijsr of
Hitt tm m ailed
Banks
4s
thmt*
*
l«
tMtsfes, with
M uftkegOH, Mich ................ ............. .
S o u t h O m a h a * N e b r a s k a . . . ......................
A a h la m I , W t » , ( G o l d ) , * . . . . .......................... 5 m
W e s t C h i c a g o S t . H i t . ( T u n n e l ) . . .......... . . . a *
hirst M o r t g a g e .
F O R SALE B Y
application.
M A S O N , L E W I S & C O .,
E, H. ROLLINS & SONS,
IP
MILK
.
.
STREET,
.
.
MASS
BONDS.
STANWOOD
bankers,
&
C O ..
Devonshire Street.
BOSTON.
II NT I PON APPLICATIO N .
Q EC). C. F A O N A N , M a yor.
A. D. S L O A N , C ity C on troller.
B O N D
C ity o f
S iou x
C A L L .
C ity, Io w a .
H o ld e rs o f S io u x C ity Im p r o v e m e n t B o n d s a r e
hereby requ ested t o presen t f o r p a y m e n t at th e
N orthw estern N ational Bank, S io u x City, Iow a ,
w here p a y m e n t w ill b e m ade to h o ld e rs ( if se n t t o
said Rank) in N ew Y o rk or*Chicago E xch ange, fr e e
o f charge, th e fo llo w in g d e scrib e d b o n d s :
“ C ” 171 to 206, b oth in clu siv e .
T h e se bonds are dated a t v ariou s d a te s fro m N o
ve m b e r 5,1890, t o A u g u st 17,1891, an d a re o p tio n a l
fiv e years fr o m d a te o f issue. T h e y h a v e been issu ed
by th e C ity o f S io u x City, Iow a , f o r Paving inter
section s.
Interest will c e a se M arch 1st. 1897.
JO H N H IT T L E .
_____________ _______
City Treasurer.
BAN K E R B ,
31
171 Ln «n l!v « t.
Bu tto n .
MUNICIPAL
Mayor.
Chicago D rainage............................ ..4 U *
FOB
C.
B radford ,
5r BONDS,
it. R, IttCHAKnson,
Clerk.
E.
of
T h e M ayor and C ou ncil o f th e B orou g h o f Bel mar,
o f th e County o f M on m ou th , S tate o f N ew Jersey,
will receive, at t b e office o f th e C lerkin said B orough,
u p to and until th e th irteen th day o f February, A . D .
1B07, sealed proposals o r bid s f o r an issu e o f im
provem ent bonds o f said B orough, aggregating $95.
<'00, to be issu ed in sum s o f §1,000 each, five o f
which bonds shall be paya ble o n t h e 1st dav o f Jan u
ary, 1001, and tivo o f said bon d s ann ually th e re a fte r,
so th at th e w hole o f said issue shall be paid In tw en ty
(20) years; said bon d s to b ea r in terest a t th e rate o f
five (5 ; per cen tu m p e r annum , payable sem i-an n u
ally. T h e proceeds o f said b o n d s are to b e used f o r
th e construction o f sew ers and w atei w ork s and im
provem ent of streets of the said B orough, pursuant
to a popular v o t e o f th e legal voters o f said B orough.
Bids m ay be m ade f o r th e e n tire Issue o f said
bonds, o r lo r a fractional part o f said issue, and said
bids shall b e accom panied by a certified ch eck , equal
to the one-f ourth (}4) p a rt o f t h e am o u n t o f said
hid, as a guaran tee o f g o o d fa ith .
T h e M ayor and Council rese rv e th e right t o reject
any o r all bids, w hich w'.ll b e o p e n e d a t th e h o u r o f
t w o o ’c lo c k on said day.
Dated Bki.mah, Jan. 21, 1807.
Attest;
WM. S. JACKSON,
BOSTON.
C ity
of M a ssa ch u setts
3 W GOLD BONDS
A
LO A N S.
oh
icon
8 1 0 0 ,0 0 0
L a ck a w a n n a
SA FE IN V E STM E N TS.
sen d f o r
Dated Den, 1. 1 8 9 0 .
l is t
C o .,
P a .,
4% T a x Free B o n d s .
Due Dec. t , 1 9 0 6 .
C ity o f Scranton Is th e C o u n ty Seat.
C ity a n d
C ou n ty
B onds.
D IE T Z , D E N IS O N & P R IO R ,
33 CONOItfiSS STREET* - BOSTON.
. 10B Superior Street* Clcveiftiid, O.
PRIC E ON A P P LIC A T IO N .
E D W D .C . J O N E S
321 C H E S T N U T S T R E E T ,
R H IL A D E L P H I A .
C O .y
39 B R O A D W A Y *
NEW Y O R K .
THE CHRONICLE.
F e br u ar y 13 1897. j
L O A N S—
W hen D ue. B o n d ed d eb t J a n . 1 ,1 8 9 7 . $ 4 9 ,0 0 0
6 ,0 0 0
W a te r A E lec .-L ig h t B oxds — F lo a tin g d e b t.........................
4 s, F&A, $ 5 ,0 0 0 ........... Feb. 1. 1900 T o ta l d e b t J a n . 1 , 1 8 9 7 . . . 5 5 ,0 0 0
4 s, F&A, 1 4 ,0 0 0 ........... Feb. 1, 1905 T otal v a lu a tio n 1 8 9 6 ........ 6 0 0 ,0 0 0
4 s, F&A, 1 0 .0 0 0 ........... Feb. 1, 1 9 1 0 A sse ssm e n t a b o u t 13 a c tu a l v a lu e.
4 s, F&A, 1 0 .0 0 0 ........... Feb. 1, 1 9 1 5 T a x ra te (per $ 1 ,0 0 0 > ..........$ 2 3 -0 0 0
1 ,6 0 0
4s, F& A, 1 0 ,0 0 0 ........... Feb. 1 ,1 9 2 0 P o p u la tio n In 1 8 9 5 (e st,).
IN T E R E S T o n th e bonds is p a y a b le a t th e N a tio n a l B a n k of
R edem ption, B o sto n .
Taunton, Ma9s —Natban'el J. W. Fish, Mayor. The fol
lowing statement has been corrected to Dec. 1,1896, by means
of a special report to the C h r o n i c l e from Edward H. Tem
pie, Treaturer.
This city is in Bristol County.
-— Interest .— . ----------- P rin cip a l t----------LO A N SWhen Due. Outstand'g.
P.Ct. P ayable.
NAME AND PURPOSE.
C ity b o n d s........................... 1 8 8 7 4
$ 1 4 ,0 0 0
J & D Ju n e 1, 1897
........................... .1 8 8 8 4
6 2 ,0 0 0
do
J A D J u n e 1, 1898
do
............................
4
6 ,7 0 0
.1 «te D J u n e 1, 1901
do
........................... .1 8 9 3 4
15.0 0 0
J & 1) J u n e 1, 1903
do
1 9 .0 0 0
........................... .1 8 9 4 4
J Sc D J u n e 1, 1904
do
3 0 ,0 0 0
........................... .1 8 9 5 4
J & D J u n e 1, 1904
do
.........................
4
6 3 ,3 2 5
.1 Sc I> J u n e 1. 1905
1 5 ,0 0 0
.1 8 9 6 4
do
j & D J u n e 1, 1906
................... .
do
............................ .1891 4
5 ,0 0 0
J Sc I) J u n e 1, 1911
do
............................ .1 8 9 3 4
1 5 .0 0 0
J Sc D J u n e 1, 1913
2 1 ,0 0 0
do
............................ .1 8 9 4 4
J Sc D J u n e 1. 1 9 1 4
6 2 ,0 0 0
do
...........................
4
.r & D J u n e 1, 1915
4 6 .8 0 0
Jo
j Sc D J u n e 1, 1916
........................... .1 8 9 6 4
6 0 ,0 0 0
P a v in g b o n d s..................... .1 8 9 1 4
j Sc L> J u n e 1, 1901
5 ,0 0 0
W ater b o n d s....................... 1 8 8 7 4
j Sc J J u ly 1, 1 8 9 7
12,0 00
......................... .1 8 8 4 4
do
j Sc J J u ly 1, 1 9 0 4
Sc
J
.Tilly
1,
1905
do
1,7 0 0
......................... .1 8 8 5 4
,i
j Sc J J u ly 1, 1906
2 7 ,0 0 0
do
......................... .1 8 8 6 4
4
J
u
ly
1,
1908
5
,0 0 0
do
......................... .1 8 8 8
j & j
15 ,0 0 0
......................... .1 8 8 9 4
.j Sc J J u ly 1, 1909
do
3
0
,0
00
j Sc J J a n . 1, 1 9 1 0
do
......................... 1890 4
15 ,0 0 0
do
......................... .18.89 4
j Sc j J u ly 1, 1910
do
......................... 1891 4
3 8 ,0 0 0
j Sc J J u ly 1, 1911
j Sc j J u ly 1, 1 9 1 7
4 5 .0 0 0
do
......................... 1 8 8 7 4
do
......................... 1892 4
3 5 0 ,0 0 0
j Sc J J u ly 1, 1922
1 0 ,0 0 0
do
......................... 1892 4
j Sc J J a n . 1, 1922
do
......................... 1893 4
j <fc J J u ly 1, 1 9 2 2
1 6 .0 0 0
do
......................... 1894 4
j it j J u ly 1. 1922
3 5 ,0 0 0
do
......................... 1*95 4
8 5 ,5 0 0
j Sc J J u ly 1, 1 9 2 2
do
......................... 1896 4
2 0 ,0 0 0
j Sc J J u ly 1, 1 9 2 2
1 8 9 8 to 1901
M unicipal n o t e s .................
4
2 9 ,8 5 0
INTEREST-W HERE P A Y A B L E —C oupons are pa y a b le a t tb e
A tla s N at. B a n k o i B o sto n . R eg. In terest is r em itte d b y C ity T re a su r er .
N E W
N E W
L O A N S .
T o w n
o f
S t a m f o r d ,
N EW
C o n n .,
3H
F u n d in g 4 £ G o ld B onds,
DU E
1 92 7 .
P roposals will b e received by tb e S electm en and
T reasurer o f th e tow n o f S tam ford. Conn . nntll
» o o n , M onday. Febru ary 16tb, 18A7, fo r tb e purchase
In w h ole o r In part o f 175,000 o f the bonds o f the
own of Stamford, Conn.
T h ese bon d s will b e Issued t o retire an equal
am ou n t o f tb e floating d e b t o f the tow n , contracted
by expen d itu res f o r sch ool h ou ses, bridges and o th e r
perm anent Im provem ents, and are payable in g o ld
upon Febru ary 1st. 1927, Interest payable In gold
A u gu st 1st and February 1st at office o f Treasurer.
B on ds will be d eliv ered on Febru ary 20th. 1897,
w hen t b e p rice b id m ust be paid to th e Treasurer by
th e su ccessfu l bidders.
P roposals snould b e sealed and addressed to “ T b e
T ow n Treasurer. Stam ford, Conn., and marked
“ P roposals fo r B o n d s /’ and m ust b e accom panied by
a certified c h e ck f o r tw o (2) per cent o f tb e am ount
T h e rig h t t o reject any o r all bids is reserved.
Sinking fu n d p rovid es f o r paym ent at m aturity.
ft Is proposed t o issue cou p on bon d s o f th e den om
ination o f #1,000. B on ds m ay b e registered.
T b e bon d s are issued u n d er Sec. HO, R evised
Statutes o f th e S tate o f C on n ecticu t, 18S,<, and by
au th ority o f a tow n m eetin g held Jan uary 18th. 1897.
F o r fu rth er particulars address
W . D. D A S K A M ,
Treasurer, T ow n o f Stam ford.
T O T A L D E B T , S IN K IN G F U N D S , E t c .—The subjoined s ta te
m en t s h o w s T au n ton ’s to ta l debt, th e sin k in g fu n d h e ld b y th e o ity
a g a in st th e sam e, an d th e w a te r d ebt, on th e d a te s nam ed.
D e c .1 ,’96 . D ec. 1, '95. D ec. 1 . ’94. D eo. 1 , ’9 3 .
G ross d e b t.......................$ 1 ,1 7 6 ,8 7 5 $ 1 ,5 6 3 ,5 4 3 $ 1 ,6 7 1 ,7 3 7 $ 1 ,7 0 0 ,5 4 2
Slu biug fu nds, e t c . . . .
1 0 1 ,9 6 9
(184.085
8 6 3 ,1 2 7
9 0 1 ,7 9 1
N e t d e b t..................$ 1 ,0 7 4 ,9 0 5
W aterdebt (Included). $ 7 1 2 ,2 0 0
W ater sin k in g fu n d ...........................
M U N I C I P A L
N E W
B O N D S
N.
W
H A R R I S
&
YORK
S U IT A B L E FO R
PER C E N T
S A V IN G S
K le y b o lte
BANKER*
&
O o .
C H. WHITE.
8c
C O
BAN KERS.
72 and 74 Broadway, New York,
.
L e a c h
CHICAGO.
115 Dearborn St.
&
C o .,
NEW YORK.
2 W all St.
W. N. Coler & Co.,
BANKERS.
M UNICIPAL BONDS.
O W N A N D O F F E R , S U B JE C T T O S A L E .
Trenton, N. J.,
20-Y ea r R egistered W a te r 4s.
3 4
N A S S A U
S T R E E T .
Trenton, N. J.,
10-Year R egistered Sew er 4s.
M
F a l l R i v e r , .H a a s .,
30-Y ea r Registered L ibrary 4s.
&
ills
B l an c h ar d ,
BANKERS.
C o in m b u s . O h io ,
14-Year Cou pon Sew er 4s.
9-10-Y ear R egistered R e fu n d in g 6s.
M UNICIPAL BONDS
Renova, Pa.,
B O U G H T A N l) SO LD .
15-Y ear Coupon R e fu n d in g 4 ^ s
Devonnhtre Building,
Prices and Particulars on Application, (6 State Street, Boston, Mam.
C om plete L ist o f O fferings M ailed.
M ORTGAGE LOANS
W H A N N &
IN
S C H L E S IN G E R
T E X A S.
Intercut 7 Per Cent Net.
NEW VOItH .
10
C. H. Van Buren & Co.,
BANKERS
F a rs o n ,
.
M U N I C I P A L
8 2
LISTS MAILED ON APPLICATION.
BOSTON.
15 WAUL. ST REE T.
BANK AND TRUST
FUNDS.
F. H. SOUTHWICK
W H I T E
C O .
B A N K ER S,
CHICAGO.
L O A N S .
PUBLIC SECURITIES
OF
41 and 4 3 W all Street. New York.
a n d
Bought and Sold.
$ 6 0 0 ,2 8 3
$ 1 9 8 ,4 6 8
Newton, Mass.—Henry E. Cobb, Mayor. Below is a state
ment of the financial condition of this city, corrected to Jan.
1, 1897, by means of a special report to the Chronicle from
S th A. Ranlett, Treasurer.
This city is siluated in Middlesex County. Newton is one
of the few Northern cities having tax-receivable coupons
atrached to any of its bonds. See below.
Rockland County. N. Y.,
G O V E R N M E N T
$ 6 0 1 ,1 1 1
$ 2 0 7 ,4 9 5
$ 6 3 2 ,8 3 1
$ 2 4 6 ,6 2 7
P O P U L A T I O N —B y 1 8 9 5 c en su s p o p u la tio n w a s 2 7 ,1 1 5 ; in 1 8 9 0 it
w as 2 5 ,4 4 8 ; in 1 8 8 0 i t w a s 2 1 ,2 1 3 ; in 1 8 7 0 it w a s 1 8 .6 2 9 .
N orthw est cor. o f T h ird and W a ln u t Streets.
C IN C IN N A T I. O .
H .
$ 7 9 8 ,7 5 1
$ 1 ,0 0 7 ,7 0 0
4 0 7 ,4 1 7
A S S E S S E D V A L U A T IO N —The c ity ’s a sse sse d v a lu a tio n an d ta x
rate at d ifferent p eriods h a v e been as fo llo w s, real e sta te b e in g ta k en at
abou t 9 0 p e r c e n t o f c a sh v a lu e .
.---------------- A ssessed V a lu a tio n --------------- - R a le o f Tax
Tears.
Real.
P erson a l.
Total.
p e r $ 1 ,0 0 0 .
1 8 9 6 ......................$ 1 4 ,1 8 4 ,6 6 0
$ 5 ,2 0 7 ,2 3 5
$ 1 9 ,3 9 1 ,8 9 5
$ 1 7 -6 0
1895...................... 1 4 .0 2 0 ,0 5 0
5 ,1 8 3 ,4 3 4
1 9 ,2 0 3 ,4 8 4
17-60
1894...................... 1 3 ,8 1 4 ,4 7 0
5 ,0 7 3 ,4 9 4
1 8 ,9 8 7 ,9 6 4
1 7 ’60
1893...................... 1 3 ,5 6 4 ,1 0 0
5 ,1 2 1 ,3 1 0
1 8 ,6 8 5 ,4 1 0
1 8 ’0 0
1 8 9 2 ...................... 1 3 ,2 6 2 ,7 4 0
5 ,0 5 0 ,6 1 0
1 8 ,3 1 3 ,3 5 0
1 8 ’4 0
1891 ...................... 1 2 ,9 9 4 .6 2 5
5 ,0 7 5 ,9 2 5
1 8 ,0 7 0 ,5 5 0
1 7 ’4 0
1 8 9 0 ...................... 1 2 ,8 2 4 ,6 2 5
4 ,9 9 8 ,4 0 7
1 7 ,8 2 3 ,0 3 2
1 7 ’60
1 8 8 9 ...................... 1 2 ,6 2 1 ,7 0 8
4 ,7 6 9 ,8 6 8
1 7 ,3 9 1 ,5 7 6
1 7 ’8 0
1 8 8 6 ..............................................
..............
1 6 ,7 5 6 ,4 6 9
1 6 ’70
..............
1 6 ,0 0 3 ,6 7 7
1 5 ’80
1 8 8 2 ..............................................
D U B N O V E M B E R 1st, 1916.
rN T E R E S T P A Y A B L E J A N . 1st A N D J U L Y Is*.
E x ecu tors, Adm inistrators, G uardians and o th ers
holding trust fu n ds are authorized by an act o f the
New Y ork Legislature passed M arch 14,1889, t o in
vest in th ese bonds.
P R IC E A N D P A R T IC U L A R S ON A P P L IC A T IO N
C .
$ 8 0 8 ,6 0 9
$ 1 ,0 1 2 ,7 0 0
4 4 1 ,5 8 6
The sin k in g fu n d r ec e iv e s y e a r ly a sum sufficient w ith accu m u la tio n s
o f in ter e st on sin k in g fu n d in v e s tm e n ts to retire e n tir e d eb t a t m atu rity.
T he oity o f T a u n to n h a s a lw a y s co m p lied w ith th e S ta tu te s o f th e
C om m on w ealth r e la tiv e to its sin k in g fu n d s an d a lso in regard to th e
$1 2 t a x lim it. N o p erm issio n to e x te n d its d eb t b e y o n d t h e tim e o r ig
in a lly fix e d fo r its p a y m e n t h as e v e r b e e n asked.
GOLD BONDS
R u d o lp h
$ S 7 9 ,4 5 8
$ 1 ,1 1 2 ,7 0 0
4 7 9 ,8 6 9
N e t w a te r d e b t----- $ ..............
N e t ’‘m u n ic ip a l” d eb t $ ..............
L O A N S .
C IT Y
# 7 5 , 0 0 0
345
FRANCIS SMITH
AND B R O K E R S ,
B R O A D W A Y , N E W Y O R K
STOCKS, BO N DS A N D HIGH-GRADE
IN V E S T M E N T SECURITIES.
Circular L etter, tnclnflln* list o l .e le c te d Bond*.
M ailed Free.
COM M ISSIONS ch a rge d borrow er o r lender
until loans h a ve proven good
B O N D S .
HAN
4k
CO.,
A N T O N IO , y k X AH.
THE WALL STitLET JOURNAL
*
W A L L ST REE T .
NEW
YORK.
G ives valuable in form ation daily on stocks and bou- s
15 a year.
D o w . J o n e s A C o ., 44 B road 8t. N. Y
THE CHRONICLE,
346
LOANS-
ff b#n Dwr.
LOANS- ,
When Due.
1897.
1896.
1895.
1894.
— $2,925,613 $2,2a3,613 $1,615,063 $1,030,826
.. . . 1,955,000
1,885,000
1,825,000
1,750,000
Municipal debt.
Water debt........
8 CHiM.il- i.< i» \> ~
HOItWh
( V o u L X IV ,
4"i, J AD. $50,000— June 1.1014
$ 1 0 0 .0 (M 1 -. .4 u I l f I ,
■
9 ,0 0 0 ... July 1,1914
4*. AAO, **©,000. -»>et, 1, 101.-4 ■9. 3- A3,
$4,168,613 $3,440,063 *2,780,326
80.000. .. Apr. 1, 1015 Total debt............$1,880,613
j
4-*,
A AO,
1915
4n* AAO,
si\000. Apr. 1*
888,446
757,582
657,687
577,416
I 48, FA A. 75,000 .. Aug. 1. 1915 Sinking fund..............
4j , MAN, Hn»,i»od. Noi, 1,
.. Deo. 1,1916
■i*, JAJ, 100,110©,. .ijtatjr 1, iliiS I 4a, J4feJ>, 50.0 0 0 .
Set
debt
Jim.
1...$3,902,166
$3,411,031
$2,782,376
$2,202,910
scn ooL Noth#—
ff*» \IU» Ml* fiE.At.t1t
Tile sinking fund receives yearly about $120,000.
1, 1* 1891 s-.. o n .. $15.000....Oct. 1,1898
4#, AAO, #1T/MJO -..
S i : » K it B o n u s —
ASSESSED VALUATION,—The city's assessed valuation and tax
Q tT t i O f » «
t-.
AAO,
$20,000....Old.
1.1901
4iil j a j
f&fstSiO». *juH r $, 1903
20.000. .. .OCt 1, 1902 ate have been as follows, real estate being taken at about market
4^4 MAX,
.., Nov.23, 1.903 4*, AAO,
4>, JAIL 5i£h*«©.... Dee»$$t 1 9 0 3 U , A AO, 250.000. . Apr. 1,1911 value:
Assessed V a lu a tio n .R a te o f Tax
4*. A AO, 200.000 ...Apr. 1. 1912
i m * i m a x i* ct?Lvu«w —
Meal.
Years—
P erson a l.
Total,
p e r $1,000.
4*. AA t >, f*J5,000.. . . OoL l, \ m i 4% FA A, 100.000 ...Aug. 1. 1023
.$39,223,450 $10,728,375
8 9 6 ......
$49,951,825
$1800
4 * ,A A "
'
' '
5, 1,898 46, J A.J, 100.000. ...Jan. 1. 1924 1
......
. 36,887,950
10,513,394
•17,401,344
14-60
4*, 4 AD, Ul.«»7.....Jru.se 16, 1904 4 k, AAO, 100.000 ...O ft, 1, 1924 1895
9,860,835
. 34,139,350
70.000. ..July 1, 1926 1894 ....
44,000,185
14-60
4«, JAJ, ULCMM*... .July 7, 1904 4h, ,1A J .
10,067,600
.
31,786,200
41,853,800
1898......
14*80
Se w * » Noth- 4*, AAO, UJXHi .,. Get, V, 1904
1880.......
. 17,718,270
7,481,830
25,200,100
1 400
4*, MAX, 10,000 . . .Nov, 30, 1904 ■la. JA1>. $20,000__ Deo. 2,1898
18,000__ D0O. 1,1902
Tax rate in 1806 included oity tux proper, $15-38; State tax. $0-41;
J,>«*<?. IS, 1 9 1 4 Is, J&D.
4»* J A-I>, 13.0(H)
21,000 ...D e e d 5.1002
l. 1914 is ,.1AD,
4*,. 4A!>, 29.000
•Is. .1AD.
50,000.... Dec. 2, 1925 county tax, $0-75; total, $16-60 per $1,000.
Kxc.isifc Ho i sk L o s s —
TAX-RECEIVABLE C O U P O N S .-W ater bonds for $1,825,000, and
WATBit LOAJib—
«>. A<hl>. $6,500---- IHU I, 1897
*». J * J , 10.500 ..July 1, 1906 (is, J&J, $800,000 . . . July 1, 1905 school, municipal, sewer, park and stable bonds for $1,156,000 carry
5s,
JA.I,
250,000....July
1,
1906
M
S,
.1
t-V
o
l
,
llwtrw vy bajUHb- 100,000... -Oot 1,1910 tax-reoeivable coupons.
«». J A lt #2„’4 » . .. Dee. 23, 1897 4s, AAO,
P O P U L A T IO N —In 1890 population was 21,379; in 1880 11 was
7.000.. Feb. It!, 1904 •Is, AAO, 100.000. ...Apr. 1,1914
4®, FA A,
4-S AAO* 5,800 ,. Apr. 13. 1904 4s, AAO, 100.000. ... Out. 1,1917 16,995: in 1870 It was 12,825. Population byState Census in 1895 w*»
4,500___Ort 1, 1905 4s, AAO, 1 0 0 ,0 0 0 -.. Oct, 1,1918 27,590.
4»* A AO,
.. Oct. 1,1920
4.000
J:m. I, 1905 4s. AAO. 250.000.
4*. JAJ,
1915
4f, FA A, 25.000
__________
Feb.j...1.A t o , 100,000 .. Apr. 1,1921
S h u w n fo C o u n ty , K a n .— The fo llo w in g statem en t has been
•5-S A AO, ."•2.000__ Apr. 1, 1915 4s, AAO, 100,000— Apr. 1,1922
50.000. ...Aug. 1,1923co rre c te d to J u ly 1, 1896, b y m eans o f a rep ort to the C h r o n
U, J&!>. 10,000....Dec, 26, 1915 4 s , F A A ,
4s’, MAN, *0.000.. Mhv 1. 1936 4s, AAO, 7 5 .0 0 0 . .. Apr, 1,1921 ic l e from Charles T . M oCaba, C o u n ty Clerk,
00,000.... Aug. 1, 1925
4s, F A A ,
Highway Staums Loass —
70.000. ...July 1,192(1
4s, F.tA, $13,000.......Vug. 1, 1903 4 s, J.fcJ,
C oon iy seat is T op eka.
W
VSHINGTDN
STREET LOAN—
■is. FA A,
8 .0 0 0 ... Feb. 10, 1904
LOANS
W h en D u e.
R efunding r r . bonds—
•is, F .tA ,$800,000 .. . Aug. 1, 1935
54WCEU. (SHOOS 1.0AJ.-R-tom. Top . & Santa F e RR .—
5t2s, Juno, $125,000..June 1, 1907
is. MAS. $5,560. ...M cli. 1, 1900 Is, F t A. 200,000.... Feb. 1, 1936 7s,A May,
$81,000.......May
1.1899 Total debt ,Jilly 1, 1896. $529,000
60,000. ..July 1. 1936
4k. J.«>.
0,000... Dec. 3, 1904 4h, J&J,
7s, June. 68,000....... rune 1.1902
Tax valuation, real, -14,158,076
t-. MAN. 11,000....May 1. 1905 ■Is. JAD, 1 0 0 ,0 0 0 -..Dee. 1. 1936
Court House Bonus—
Tax valuation, person'] 2,089,685
Park B okivs—
4s,
MAN,
$123,000...
.May
1,
192-1
Total valuation 1896.. 16.247,761
4s, AAO, $25,000....A pr. 1, 1908
K an. A vb . Bridge B onds—
state & eo. tax (per $1,000).$12-00
5s,
.Tan.,
$150,000___
ran.
1,
1916
Population in 1890 was....... 49,172
PAR VALUE OF BONDS,—All tlie bonds are (or $1,000.
K. N. & 1). RR.—
Population In 1 880 was.......29,093
INTEREST payable rit National Revere Bank, Boston, or in 6s, .July, $75,000.......July 1,1906 Population in 1895 was.......-17,978
Real estate is assessed at one-third of its actual value: personal
Newton.
TO T A L DEBT, SINKING FUNDS, Etc .-T D o subjoined statement property one ball,
ahm o Vvi. Isa' - lotai imuijotpal debt, the water debt, the sinking funds,
INTEREST on the 7 per cent railroad bonds is payable at the County
and tin m l debt, on the tlrst of January o f eaob of the last four Treasurer's office; on all other bonds at the Kansas Fiscal Agenoy,
New York City.
years:
4*., J A D ,
N E W
M I S C E L L A N E O U S .
L O A N S .
Long Distance Telephone,
A C C O U N T A N T S .
Cable A ddress
“ 114 COIiTLAiN’ DT.”
RtJDERATIQN, 1ST. Y .
$ 2 7 7 ,0 0 0 .
H a i g h t
5
G O LD
FU N D IN G
B O N D S
OF THE
8c
F r e e s e
bate A u ditor ol N. Y . X,. E, <fc W . R K , (Jo.
Bankers & Commission Stock Brokers,
53 B R O A D W A Y , NEW Y O R K .
8 5 ST A T E S T R E E T , B O STO N .
T
e r r i t o r y
o f
A
r i z o n a ,
D a te d J hq . 1 3 , 1 6 9 6 . D u e J a n , 1 3 . 1 9 4 6
S T O C K S . B O N D S A N D G R A IN
Special attention given to out-of-town
accounts.
TRANSACT A GENERAL BANKING
STOCK EXCHANGE BUSINESS.
f O p?ion o f p aym en t a fte r 20 years.)
-
$ 1 ,0 0 0 .
AND
INVESTMENT BONDS.
Accounts of Banks. Bankers and Individuals
received on favorable terms.
I n te r e s t p a y a b le J a n . au<l J u l y 13 .
NATIONAL BANK REFERENCES FURNISHED
UPTOWN OFFICE, 1 1 3 * B R O A D W A Y .
P r in c ip a l a lia C o u p o n s p a y a b le a t t h e
Write or call for our “ PIPAG E MANUAL," il
lustrated with railroad maps, giving complete in
(ifu re n tj Trust Cumpaiiy o f Now York. formation of all RAILROAD and INDUSTRIAL
properties, including highest and lowest prices for a
series of 10 to SOyears of Stocks, Bonds, Grain and
F o r p r ic e s a n d p a r t ic u la r s a d d r e s s
Cotton, and also the methods of buying and selling
on margin.
A .
C .
F R O S T
8c
EXPERT
203
ACCOUN TAN T,
B H O A D W IY , N EW
YORK.
R o o m s U01-002 M A rr, A K D K x k r b s s B r n . m . w .
B o u g h t a n d S o ld a t 1 -1 6 C o m m is s io n .
f REGISTERED OR COUPON.)
D E N O M IN A T IO N
Wesley Farrington,
C O
,
108 LA SA L1.E STREET. CHICAGO.
W. J . Hayes & Sons,
W M .
F R A N K L I N
H A L L ,
A c c o u n t a n t
6 3 S ta te SO-eet*,'"^'
BOSTON, MASS.
Books audited. Examinations and investigations
conductedwiththe utmost care and efficiency.
©ottmt -Ouch.
T. Spencer Turner,
1 SUCCESSOR TO
B r fn c k o r lto I T , T u r n e r & C o .,
MANUFACTURER AND DEALER IN
RANKERS,
Blodget, Merritt & Co.,
BANKERS,
16 C o n g r e s s
Street,
B oston.
STATE CITY & RAILROAD BONDI*,
lf lis c c U t u n 'c t t s ,
S E C U R E
B A N K
DEALERS IN MUNICIPAL BONDS,
" KLDl.ll ( IfROME STEEL AND IRON
Bnnnd
Angles
Cammi he <»»re.i. Cot or Drilled.' and positively
Burglar Proof,
fUflJlOMK -T E E L W O R K S .
Rent Am , Reap A Hooper St#.
ManTerw In the TLE. BRO O K LYN, H. Y .
D U C K
Street Hallway Honda.and other blcb-grada In OOTTON CANY AS FELTING DUCK
vestments,
CAR COVERING BAGGING,
BOSTON,MASS..
Cleveland, Ohio,
RAVENS DUCK, £AIL TWINE, &C.,
7 JCxohanEe Place.
3 1 1 -3 1 3 Superior SI.
POPE “ AWNING ” STRIPES.
Cable AMrext. "KENNETH."
AGENT
UNITED STATES BUNTING CO.
A full supply, all Width# and Colors, always In
I g ttflim & e x ® .
stock.
10 Duane Street. New Y ork
J.
Pi c a r d ,
Fred. H< Smith,
CONSENTING
ENGINEER
No. 8 BROAD STREET, NEW YORK.
C O L U M B U S, O H IO ,
STOCKS AND BONDS.
Examinations and Reports Made for i f AM O I N A OO O T T NT S S O L I O I T M D .
Bankers and Investors of Railroad, Coal
INTEREST ALLOWED ON BALANCES,
Mining, Oil and Electric PropertiesMarket Letter on Application. Correspondeno
RBFETIKNCES SENT.
GENUINE
S A I L
AN D A LL K IN D S OF
F.
V A U L T S
C O T T O N
Jos. O. Osgood,
M.
A M . SO C . C . B .,
120 BROADWAY, NEW YORK.
REPORTS ON INVESTMENT PROPERTIED.
Railroad location and Construction.
invited. Established 1868
All claeaes of Unlisted Securities and Traction
Stocks Bought and Sold
ATLANTIC MUTUAL INSUEANCE SCRIP.
N. Y. STEEET BAILWAY BONDS.
AUGUSTUS FLOYD,
32 PINE STREET. NEW YORK.
@FedFRASER